The Business Times, 2 March 1993

Microfilm: NL18518
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times MITA (P) 552/12/92 Tuesday March 2 1993 WE KNOW ASIA 75-
    13 words
  • 2am LATEST
    • Article
      Lock icon US, Russia 'very close' to food credit deal
      76 1 Reuter WASHINGTON United States Agriculture Secretary Mike Espy said yesterday that his department was "very close" to an agreement with Russia to resolve its defaults on US$4OO million (***** million) in grain loans. He said he hoped a meeting today with a
      Reuter  -  76 words
    • Article
      Lock icon Canada says it won't be replaced in G-7
      53 1 Reuter OTTAWA Canadian officials yesterday dismissed the idea of Spain replacing Canada as a member of the Group of Seven top industrial nations, although Organisation for Economic Cooperation and Development (OECD) figures show that Spain has outstripped Canada as the world's seventh
      Reuter  -  53 words
  • Article, Illustration
    MARKET SUMMARY
    115 1 Stock market indices Monday Change STII 1.658.90 -5.6 K.LSE Composite 634.87 -3.32 Nikkei 16.879.60 -73.75 Hang Seng 6.398.82 f 46.83 SET Index ***** -27 13 Jakarta Composite ...300.44 0.06 CLSA China B 1.593.86 -11.75 Aust All Ord 1.639.3 +29.7 FTSE 100 2.882.6 14.6 Monday Previous Ham close Dow
    115 words
  • Article
    S'pore developers rush to sell as banks tighten credit
    636 1  -  By Lee Han Shih SINGAPORE Some banks have started to tighten credit for purchasing second properties, prompting developers to rush to sell their projects in anticipation of the resulting drop in demand. Sources said the banks which were aggressively granting loans
    636 words
  • Article
    Lock icon My successor won't be a hardline communist, says Deng
    176 1 AFP BEIJING Chinese leader Deng Xiaoping has ruled out a hardline communist as his successor and called on the government not to think of itself as a "supernatural being". In a recent speech on the question of his succession, reported yesterday,
    AFP  -  176 words
  • Article, Illustration
    Suharto defends record as he looks to a sixth term
    510 1  -  From Yang Razali Kassim in JAKARTA INDONESIAN President Suharto, due to be rc-clectcd for a record sixth term next week, has defended his long and uninterrupted leadership. While conceding that there has been criticism during his last five years in
    510 words
  • Article
    Russia keen on S'pore economic accords
    405 1  -  By Harish Mehta SINGAPORE The Russians are keen to sign an investment guarantee agreement and a double taxation agreement with Singapore two accords which were discussed in 1990 but could not be concluded because of the former Soviet Union's collapse. Singapore's ambassador to Russia.
    405 words
  • Article
    Lock icon US plans radical multinational system for Asian security: report
    357 1 UPI, Reuter TOKYO The United States plans to set up a multinational security system covering the whole of Asia within five years, a move that represents a major policy shift. Quoting military sources, the Yomiuri Shimbun said yesterday that the plan
    UPI,; Reuter  -  357 words
  • Article
    Lock icon European shares buoyant on rate cut hopes
    311 1 Agencies LONDON European stock cxchangcs rose yesterday and the mark eased as financial markets looked to the German Bundesbank to cut interest rates later this week. BoursCs in Frankfurt and Paris surged from the start on the prospect of a cut in Germany's
    Agencies  -  311 words
  • Article
    Singapore stock market eases further
    284 1 SINGAPORE Prices in the Singapore stock market eased further yesterday but losses were less marked than last Friday's. The benchmark Straits Times Industrial Index ended yesterday's session 5.6 points lower at 1.658.9 22.06 points off the high of 1.680.96 set last Thursday. The BT Composite
    284 words
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      142 1 Nikon The World s Finest Photographic System. CONTENTS N«ws Companies S pore News 2 S'pore-M'sia 9.11 Regional News 3.4.5 Financial 12.13 Work) News 7.8 Features Hartotts Analysis 25 CJoto/RLSE. SES 17.18 Editorial 24 Regional 15 Sports 19 World 16 TV/lifestyle 21 Currencies 13 Regional Focus 6 Stme*, Commo .13.14 The
      142 words
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      83 1 Property Construction Japanese horror stories Pk 22 Rahardja hits the big time V in Indonesian property f RUMEMBCR llcndra Rahardja, the Indonesian business- man whose ambitious plans to become Singapore's biggest FM hotelier came to grief as a result of the recession in the late IMI 1980s? Well, he has
      83 words
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      9 1 Hock Lock Siew D-day for Telecom float Pg 9
      9 words
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      Page 1 Advertisements Column 4
      19 1 The Bottom Line RECEIVED Game. set ami match to RL'/itf"-2-W ifflfti! Suharto on how Indonesia has progressed, Pg 3
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      38 1 Nikon The World's Finest Photognpnic System, PlA 3^P^ ouls Cartier Watch. OF BEING UNIQUE. a/iter Boutique/ SINGAPORE Palais Ranaiaaanca, #01 -03. 390 Orchard Road Tet *****93 Hilton Intarnational. #01 04 The Shopping Gallery. 581 Orchard Road Tel: *****95
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Electronics the star performer
        313 2  -  By Teh Hooi Ling THE quarterly index of industrial production hit a new high of 126.4 in the last quarter. For the whole year, the measure of manufacturing output averaged out at 118.5. up 2.3 per cent over the 1991 level. The base was pegged at
        Source: Dept of Statistics  -  313 words
    • Article, Illustration
      Keith Tay leaving KPMG Peat Marwick
      303 2  -  By Conrad Raj ACCOUNTANT Keith Tay is leaving K.PMG Peat Marwick after more than two decades with the international auditing firm to become more involved in the corporate world. Mr Tay, 48, became the first local to head an international accounting firm when he
      303 words
    • Article
      Big Six audit firms analyse impact of Budget, GST
      578 2  -  By Anna Teo IT REMAINS to be seen just how effective the package of tax measures for overseas ventures unveiled on Budget Dayproves to be, says accounting firm Arthur Andersen. What's important, it adds, will be the flexibility arid approach in
      578 words
    • Article, Illustration
      PUB contributed to blast by not telling site that gas was on
      263 2 Committee of Inquiry into Ginza explosion THE Public Utilities Board's failure to give notice that it was turning on the gas supply to a partlv-built shopping centre contributed to a fatal explosion last August, an inquiry has found.
      263 words
    • Article
      R&D companies keen on expanding at home: survey
      205 2 RESEARCH and development companies are keen to expand locally despite cost increases and lack of skilled labour, according to a survey by Technology Parks Pte Ltd. Half of the 100 or so firms in the survey said they planned to expand. Smaller
      205 words
    • Article
      Employers can cope with 2pc cap on medical costs
      522 2  -  By Chuang Peck Ming EMPLOYERS are not worried by the Budget proposal to cap tax breaks for medical expenses at 2 per cent of the payroll. They said yesterday that corporate spending on medical benefits was still well below this figure.
      522 words
    • Article
      SMA and NTUC give their support to GST
      371 2  -  By Helen Chang TWO key groups gave their backing yesterday to the government's proposed goods and serv ices tax. The Singapore Manufacturers' Association said the direct impact of GST on business costs would be minimal. And the National Trades Union Congress said
      371 words
    • Article
      Your views on various provisions of draft Bill
      158 2 «as q BUSINESS TIMES yesterday published a comment on the provisions of the GST Bill, headlined "Gaps in GST Bill offer a chance to mould legislation". by a partner in an international accounting firm. As explained in the "Synopsis of GST Bill",
      158 words
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      411 2 The HMA Fee Management ITBfcJ The total fee is 5545,000 payable Henley College three Students can and Brunei The University of West y |Vw y liaise directly with the Standard London, invite applications for the Bai I I B Chartered Bank or DBS for their study Briefing Session The DBA
      411 words
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      7 2 REGIONAL ANALYSIS Every Wednesday in Business Times
      7 words
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  • THE REGION
    • Article
      Lock icon Tenaga to buy power from YTL at 15.5 sen a unit
      355 3 Rate to be maintained for 21 years, says Samy Vellu Bernama KUALA LUMPUR Tenaga Nasional Berhad will buy electricity generated by the country's first private power supplier, Yeoh Tiong Lay (YTL) Corporation, at 15.5 sen (9.6 Singapore cents) a
      Bernama  -  355 words
    • Article
      Lock icon Russian Vice-President arrives in KL, likely to push sale of fighter plane
      436 3 AFP, AP KUALA LUMPUR Russian Vice-President Alexander Rutskoi arrived here yesterday on a three-day visit in which he is expected to push Malaysia to buy a Russian Fighter plane instead of an American model. Malaysian officials and Western
      AFP,; AP  -  436 words
    • Article
      Lock icon UN body, 3 nations in talks on Malacca Straits
      308 3 AFP KUALA LUMPUR The International Maritime Organisation (IMO) yesterday began 12 days of talks with Malaysia, Indonesia and Singapore to consider measures to curb piracy, collisions and pollution in the Malacca Straits. The talks, between technical experts of the United Nationsmanaged
      AFP  -  308 words
    • Article, Illustration
      Lock icon Suharto on how Indonesia has progressed
      439 3  -  From Yang Razali Kassim in Jakarta THE INDONESIAN economy has undergone a fundamental restructuring over the past 10 years, said President Suharto yesterday. The shift away from a dependency on oil and gas has been dramatic while a series of economic reforms has led
      File picture  -  439 words
    • Article
      Lock icon Thais offer to host Mekong meeting
      108 3 AFP BANGKOK Thailand has offered to host quadripartite talks with China, Laos and Myanmar to discuss common use of the upper reaches of the Mekong River and other communication links. The foreign ministry, in a statement yesterday on the outcome of talks between Chinese
      AFP  -  108 words
    • Article
      Lock icon Malaysia drops deposit requirement in granting visas to South Asian visitors
      333 3 Bernama KUALA LUMPUR The Malaysian Immigration Department yesterday announced amendments to the visa regulations for Indian, Bangladeshi, Pakistani and Sri Lankan nationals, effective immediately, which include the abolition of the Ms7so (*****) deposit required from sponsors. Public relations officer
      Bernama  -  333 words
    • Article
      Lock icon China ready to allow power plants to be wholly foreign owned
      558 4 Reuter HONGKONG China is ready to allow 100 per cent foreign ownership of power stations for the first time in a drive to tackle serious energy shortages caused by explosive economic growth. According to Zhou Heliang of the Ministry
      Reuter  -  558 words
    • Article
      Lock icon Beijing breaks state oil trade monopolies
      372 4 Reuter SINGAPORE China has broken up state monopolies for importing and exporting crude and refined products to bring an ambitious programme of market reforms to the oil sector. The move, which has created two new companies and revamped a third, will mean more competition
      Reuter  -  372 words
    • Article
      Lock icon HK govt faces new shortfall in spending for coming fiscal year
      382 4 Sunday Morning Post HONGKONG Government figures released last week revealed an HK$B billion (SSI.7 billion) shortfall in estimated spending for the coming fiscal year. Faced with embarrassing surpluses. Financial Secretary Hamish Macleod has revised estimates of expenditure on public
      Sunday Morning Post  -  382 words
    • ASIA NOTES
      • Article
        Lock icon Tribunals to settle business disputes
        74 4 AFP HONGKONG China's booming Guangdong province is to set up tribunals to settle growing economic disputes with foreign investors. Mai Chongkai, president of Guangdong's Supreme Court, was quoted as saying yesterday that the tribunals would deal with the growing number of business disputes involving foreign
        AFP  -  74 words
      • Article
        Lock icon Ramos to replace electricity chief
        60 4 Reuter MANILA President Fidel Ramos has promised to revamp the Philippine state power company after critics charged it was too inefficient to solve the country's energy crisis. Mr Ramos said he was looking for a replacement for National Power Corp president Pablo Malixi and would
        Reuter  -  60 words
      • Article
        Lock icon Oil-drilling in troubled waters
        81 4 Bernama-Kyodo TOKYO China has resumed oil exploration activities in disputed waters in the Gulf of Tonkin in a move that could chill Beijing's ties with Vietnam. The Asahi Shimbun reported yesterday that Hanoi had confirmed that two Chinese ships began oil-drilling activities in the contested waters
        Bernama-Kyodo  -  81 words
      • Article
        Lock icon Thai senate repeals riot law
        89 4 Reuter BANGKOK Thailand's army-appointed senate voted yesterday after a two-month delay to repeal a law that empowered the supreme military commander to order soldiers to suppress demonstrations. The repeal, proposed by the coalition government of Prime Minister Chuan Leekpai, was passed by the lower house
        Reuter  -  89 words
      • Article
        Lock icon Mass protest march in Melbourne
        59 4 Reuter MELBOURNE At least 50,000 angry workers marched through the city yesterday in protest against the Victorian state government's new industrial relations laws. Australian union officials said. Protesters including teachers, health workers, civil servants and factory workers had earlier gathered before the state parliament to
        Reuter  -  59 words
      • Article
        Lock icon Mayon erupts again
        47 4 Reuter LEGAZPI. Philippines Mayon volcano in the Philippines erupted early yesterday, sending lava and ash rolling down the slopes. Volcanologists said the mountain roared back into life at 2259 GMT. when flows of superheated sand and ash surged out of the glowing crater. Reuter
        Reuter  -  47 words
    • Article
      Lock icon Beijing presents its case for return to Gatt
      374 4 Reuter BEIJING China yesterday pleaded its case to re-enter the General Agreement on Tariffs and Trade (Gatt), reopening talks with US trade negotiators suspended after its 1989 crackdown on pro-democracy demonstrators. Vice-Minister of Foreign Economic Relations and Trade Tong Zhiguang said China
      Reuter  -  374 words
    • Article, Illustration
      Lock icon Kohl seeks more Japanese investment in E Germany
      415 5 AFP TOKYO German Chancellor Helmut Kohl asked Japanese businessmen yesterday to invest more in eastern Germany and sought cooperation between Japanese and German companies in Asia, notably in China. International Trade and Industry Minister Yoshiro Mori said in talks with Mr Kohl
      AFP  -  415 words
    • Article
      Lock icon Hindu protest fizzles out in India's parliament
      248 5 Reuter NEW DELHI A threat by a Hindu opposition party to halt the work of India's parliament, in protest at alleged police excesses in thwarting last week's banned political rally, fizzled out yesterday. The Bharatiya Janata Party (BJP) had vowed to halt all
      Reuter  -  248 words
    • Article
      Lock icon Pakistan hosting peace talks for Afghan parties
      258 5 AFP ISLAMABAD Pakistan has convened a conference of major Afghan parties to resolve their mutual difTerences and to end the continuing bloodshed in Kabul, an official statement here said yesterday. Burhanuddin Rabbani, president of the beleaguered Kabul government, was due here later yesterday
      AFP  -  258 words
    • Article, Illustration
      Lock icon Exports key to success of Indian reforms
      354 5 Reuter BOMBAY The success of India's reform programme, designed to integrate the world's largest democracy with the global economy, now depends on its ability to increase exports and investment, business analysts said yesterday. Commentator and tax expert Dinesh Vyas said the message of
      Reuter  -  354 words
    • Article
      Aussie current account deficit drops to five-year low
      306 5  -  From Brian Gomez in SYDNEY AUSTRALIA announced yesterday that its adjusted current account deficit fell dramatically to a five-year low in January, strengthening expectations of an interest rate cut and boosting the Australian stock market to its highest level in seven months.
      306 words
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      71 3 Who beats our reward programme? may find our daily flight to Europe reward enough. That to to for to to. That's Euroßonus. Flv as a Euroßonus member for on SAS. You earn an Business Hotel or Hertz your SAS flight. Join SAS Euroßonus ■■■■■■■■■■■■■■H you'll discover the easiest to free
      71 words
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      Page 4 Advertisements Column 1
      381 4 Sheraton Sure Savers If you want a HASSLE-FREE WAY TO SAVE UP TO 40% ON YOUR NEXT VACATION, Read On At 111 Sheraton, we know that hotel rates can get very confusing. That's why we ve introduced Sure Savers in Asia Pacific. These new, simplified room rates will offer you
      381 words
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      Page 4 Advertisements Column 2
      405 4 Exercising her right B W W m Srfl mIIV V 1 I \mH I I ft M v .^^^R^2»psf*B 1 m i t I v -i BI^A" ■b 1 S5 V II H i v LONDON A worker at the Australian consulate here finding the appropriate ballot for an overseas
      405 words
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      Page 5 Advertisements Column 1
      107 5 i Most airlines offer a "Business Class", but at Thai we've always thought of our passengers as much more than business. That's why we've called our Whether on a business way to a be royalty with With Thai's Royal Executive Class, it's always a pleasure. the unobtrusive attention and service
      107 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Spinning wheels of fortune
      528 6  -  While the automotive industry in the Western industrial world is undergoing a period of slumber, those in South-east Asia and China are waking up invigorated and ready to hit the expansion path. Stephen vines in Hongkong goes into the workshops for the fuller picture. Stephen Vines
      528 words
    • Article, Illustration
      Cruising on the highway of expansion
      1037 6 HONGKONG The automotive industry in the United States is staggering back on its feet, while the news for vehicle makers in Europe is dismal and, even in Japan, where demand seemed destined for endless expansion, retrenchment is now the order of the day. In
      1,037 words
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      Page 6 Advertisements Column 1
      109 6 Convenient Manila? il r.l On Philippine Airlines. m a f Get ahead to Manila any day! Philippine Airlines I upp E C lVir WAV leaves Singapore at 9:40 in the morning and A Xl£fXV£f 0 V/illJ Tf ill 1 arrives in Manila at 12:55, just in time fervour m afternoon
      109 words
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  • THE WORLD
    • Article
      Lock icon Russia seeks help from CIS states to prop up oil industry
      495 7 Reuter SURGUT, Russia Russian Fuel and Energy Minister Yuri Shafranik yesterday ealled on other former Soviet republics to provide hundreds of billions of roubles to prop up its collapsing oil industry. "If you do not do this, then you
      Reuter  -  495 words
    • Article
      Lock icon Palestinian deportees reject reported six-point US deal
      366 7 Reuter MARJ AZ-ZOHOUR. Lebanon Palestinian deportees have rejected a reported sixpoint US proposal to end the crisis surrounding them and resume Middle bast peace talks. Abdul Aziz al-Rantisi, leader of the 3% deportees banished to a south Lebanon no man's land 11 weeks
      Reuter  -  366 words
    • Article, Illustration
      Lock icon More headaches await Major amid falling popularity
      531 7 Reuter LONDON An opinion poll published yesterday showed that British Prime Minister John Major's popularity has dropped sharply since last year. More than four out of 10 people think he is out of touch with ordinary people and 31 per cent regard him
      Reuter  -  531 words
    • Article
      Lock icon Office equipment vendors see silver lining in NY blast
      410 7 NYT NEW YORK If there are any winners from the bombing in the World Trade Centre, they may be office-supply vendors who provided the equipment for the temporary quarters being set up by the businesses that were forced out of their
      NYT  -  410 words
    • Article
      Lock icon French elections look predictable as conservatives widen lead in opinion polls
      348 7 Reuter PARIS The official campaign for France's March 21 and 28 general election opened yesterday with the only suspense surrounding the scale of the expected conservative landslide. Centre-right opposition leaders, assured of a crushing victory by latest opinion polls,
      Reuter  -  348 words
    • WORLD WATCH
      • Article
        Lock icon Russia denies reported Serb arms deal
        95 7 AFP MOSCOW Russia yesterday officially denied a report in a London newspaper on an alleged US$36O million (SSS9O million) contract for the sale of Russian arms to Serbia, saying the article was "obvious disinformation". Meanwhile, according to another report, an overnight parachute drop of
        AFP  -  95 words
      • Article
        Lock icon Home resales in US down in January
        61 7 Reuter WASHINGTON Sales of previously owned homes in the US dropped 6.4 per cent in January, the first decline since August, the National Association of Realtors said yesterday. The decrease brought home sales to a seasonally adjusted annual rate of 3.78 million units,
        Reuter  -  61 words
      • Article, Illustration
        Lock icon Snowy peak
        58 7 Reuter ST CYRILLE DE WENDOVER. Qucbcc A crowd gathering in front of Thiro. the world's tallest snowman, at a winter festival 100 km east of Montreal. Made with 750 truckloads of snow, it is 23m tall and beats by a metre the previous record set by residents of
        Reuter  -  58 words
      • Article
        Lock icon UN mismanaged, says outgoing official
        61 7 Reuter WASHINGTON A departing United Nations undersecretarygeneral says the organisation is hobbled by antiquated management, "deadwood" officials and almost surreal budget practices. The Washington Post reported yesterday. The newspaper said it had obtained a report written by Dick Thornburgh. a former US attorney general, who
        Reuter  -  61 words
      • Article
        Lock icon Watchdog to probe UK condom market
        94 7 Reuter LONDON The UK condom market is to be investigated by the Monopolies and Mergers Commission (MMC), the Office of Fair Trading (OFT) said yesterday. OFT director general Bryan Carsberg said he believed a complex formula to limit price increases for condoms agreed after
        Reuter  -  94 words
      • Article
        Lock icon Brazil's economy minister quits
        57 7 Reuter BRASILIA Brazilian Economy Minister Paulo Haddad resigned early yesterday, O Globo television reported. He submitted his resignation at 0400 GMT to President Itamar Franco, who accepted it. Mr Franco named Eliseu Rezende, head of the state energy holding, Electrobras, as his replacement. No immediate reason
        Reuter  -  57 words
    • Article, Illustration
      Lock icon France hits out at UK in latest round of social dumping row
      361 8 Britain beginning to reason like Third World country, says minister Reuter PARIS French Finance Minister Michel Sapin has criticised Britain's social policy, comparing its reasoning to that of Third World countries. His comments last Sunday were in response
      Reuter  -  361 words
    • Article
      Lock icon Countries with N-arms capability
      131 8 AP STOCKHOLM Israel may have enough materials to make almost 100 nuclear bombs. India could make as many as 60 and its arch-rival Pakistan up to 10, the Stockholm International Peace Research Institute (Sipri) said yesterday. North Korea could accumulate enough plutonium for four to seven
      AP  -  131 words
    • Article, Illustration
      Lock icon Sweet likeness
      42 8 Reuter MARSEILLES, France Sculptor Christian Ortin with models of French politicians' heads ahead of the coming elections this month. The heads, made of chocolate, are of President Francois Mitterrand on the left and ex-premier Raymond Barre on the right. Reuter
      Reuter  -  42 words
    • Article
      Lock icon Bonn rejects federal states9 plan to finance E Germany
      387 8 Bonn rejects federal states 9 plan to finance E Germany Reuter BONN The German government has rejected a deal put forward by the country's federal states to foot the soaring bill for rebuilding the shattered economy in east Germany. The 16 state premiers, preparing for talks with Chancellor Helmut Kohl
      Reuter  -  387 words
    • Article
      Lock icon Iraq offers visits to marshes to rebut report of Shi'ite repression
      398 8 Reuter BAGHDAD Iraq has said it would welcome visits by foreign reporters to its southern marshes where a British newspaper said Baghdad had launched a campaign of repression against Shi'ite Muslims. "Press and television correspondents in Britain and other
      Reuter  -  398 words
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      62 words
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      Page 7 Advertisements Column 2
      377 7 SINGAPORE Wi INSTITUTE OF yj MANAGEMENT This seminar aims to give you a practical and detailed understanding of the hedging strategies and techniques needed to manage your company's risk exposure and profits effectively. It will help you to identify foreign exchange exposure and hedge forex risk effectively, calculate the forward
      377 words
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      407 8 BOMBAY India's Hollywood. Where the first pictures were made in 200BC. Bombay is India's Cultural and magnificent examples of colonial Not far away in Palitana you'll find no commercial centre and represents architecture including the Gateway less than 863 temples all crowding for if you'd like to take part in
      407 words
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      Page 8 Advertisements Column 2
      24 8 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 1800-749-2577.
      24 words
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      Page 8 Advertisements Column 3
      28 8 St! I.niKh$ < Set Dinner $13.50++ Sukivaki Barbecue Shabu Shahn RESTAURANT KPBE l t l: 734-6796 llli Fir. #0} (t6/(|7 I .tndin Shoppnii: < \minv\ir!lm\ ii Kolv Rv'i'l .tlso available
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  • COMPANIES & MARKETS
    • Article, Illustration
      Berjaya sets up office, plans to invest US$100m in China
      562 9  -  Group said to have struck lottery deal in Guangdong From Leslie Lopez in KUALA LUMPUR BERJAYA Group Bhd, the flagship of tycoon Vincent Tan Chee Yioun, has joined the growing list of Malaysian business groups seeking to invest in China.
      562 words
    • Article
      Greater efficiency pushes up earnings of Keppel Integrated by 24pc
      335 9  -  By Dexter Lee SINGAPORE Improved efficiency has lifted Keppel Integrated Engineering's (KIE) group net earnings by a healthy 24 per cent to $15.79 million. For the year ended last December, group turnover slipped 6.7 per cent to $232.03 million. In
      335 words
    • Article
      Steamers Maritime's profits down 34pc
      332 9 SINGAPORE Steamers Maritime Holdings Ltd has reported lower profits in spite of the inclusion of earnings from Folec Communications Pte Ltd, which became a subsidiary last year. For the year to Dec 31, 1992, Steamers chalked up group net earnings of $5.45 million, down 34
      332 words
    • Article
      D-day for Telecom float likely to be between mid-Sep and early Oct
      804 9  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE From the look of things, September is going to be an exciting month but a long and tiring one too for everybody in the stock market. That's the month when
      804 words
    • Article
      QAF, Hai Sun Hup seeking to raise $22m-s43m
      525 9  -  Groups plan to use money for expansion By Genevieve Cua SINGAPORE Food group QAF Ltd and marine-based Hai Sun Hup are seeking to raise between $22 million and $43 million through private placements of new shares. In separate statements yesterday, the groups
      525 words
    • Article
      DIVIDENDS ANNOUNCED
      332 9 Payment Ex Books Pay dale close date Avimo 20* F I2.5TE Feb 17 Mar I Apr 15 BAT 2I« F 119 Mar 23 Mar 29 Apr 6 Berjaya Group I 4 Mar 18 Apr 2 Apr 15 Bcrjaya Ind I 3 Mar 4 Mar 18 Apr 8 Bcrjava
      332 words
    • Article, Illustration
      SUMMARY
      364 9 Performance of STII's index stocks Mar t last Sense laden Stock sale Chtt factor Movers (V) Awmo 1910 -0.020 1.59 4 94 t AC 7.650 0050 6.38 -12.35 Ccretat 5 000 0 100 4.17 -24 69 FAN ***** 0 100 9 84 -24 69 OF Asia 3 220 -0
      364 words
    • COMPANIES
      • Article
        DBS stake in Wing Lung nets HK$15.6m income
        304 11  -  By Quak Hiang Whai SINGAPORE DBS Bank will collect 1992 dividend income of HKS 15.67 million (553.32 million) from its 10 per cent stake in Hongkong's Wing Lung Bank. The Singapore bank, which bought 7.46 million Wing Lung shares last year, will
        304 words
      • Article
        Lock icon Launch of options likely to boost volume on HK Futures Exchange
        680 11 Bloomberg Business News HONGKONG The launch of options on the Hang Seng Index of top shares should lead to substantial growth in the volume of contracts traded on the Hongkong Futures Exchange, according to its chief executive. Within two
        Bloomberg Business News  -  680 words
      • Article
        Lock icon Sime UEP to launch new township early next year
        225 11 Bernama PETALING JAYA Sime UEP Properties Bhd will launch its new township, USJ6 Subang Jaya's sister township at the beginning of 1994, managing director Mohamed bin Said said yesterday. Speaking to newsmen after the company's extraordinary general meeting here, he said
        Bernama  -  225 words
      • Article, Illustration
        Lock icon On the move at BBC
        41 11 Reuter LONDON Alan Yentob posing for photographers after being announced as the new controller of BBC-1 last week. He replaced Jonathan Powell for the £100,000 (*****,000) salary and left the position of controller of BBC-2. Reuter
        Reuter  -  41 words
      • Article
        Tycoon Lucio Tan wins control of PAL
        385 11  -  From Al Labita in MANILA xMANILA Telephone magnate Antonio Cojuangco yesterday gave the chairmanship of Philippine Airlines to a protege of Filipino-Chinese tycoon Lucio Tan, ending a bitter twomonth feud over the control of the national carrier. Former Agriculture Secretary Carlos Dominguez was
        385 words
      • Article
        Keppel Finance's earnings rise 19pc to $7m
        323 11  -  By Soh Tiang Keng SINGAPORE Keppel Finance has once again posted a healthy profit growth with group after-tax earnings rising 19 per cent to 57.22 million. The improvement for last year surpasses the 15 per cent increase of the year before. The finance
        323 words
      • Article
        Lock icon KL securities panel, ROC to cooperate on insider trading
        463 11 Bernama KUALA LUMPUR The Securities Commission (SC). which started its operations yesterday, will extend its cooperation to the Registrar of Companies (ROC) to investigate into alleged insider trading, its chairman, Dr Munir Majid. said. He said the SC would do whatever
        Bernama  -  463 words
      • COMPANY BRIEFS
        • Article
          Goodman Fielder completes retail sale
          94 11 SINGAPORE Goodman Fielder Asia Holdings. formerly Cold Storage, completed the sale of its retail business to Fitzpatrick's Holdings, a subsidiary of Hongkong-based Dairy Farm, yesterday. The consideration was $130 million. Chief executive of Dairy Farm's operations in Asia. C J Nelson, said: "The acquisition would
          94 words
        • Article
          Superior Metal's profit rises 61pc
          117 11 SINGAPORE Sesdaq-listed can maker Superior Metal Printing lifted net earnings 61 per cent to $4.26 million for year ended Dec 31, 1992. The improvement resulted largely from a profit of $1.6 million from the disposal of its pail production line and a leasehold property, and
          117 words
        • Article
          Green light for new CSA shares
          38 11 SINGAPORE CSA Holdings received in-principle approval yesterday from the Stock Exchange of Singapore for the listing and quotation of 11.6 million new ordinary shares of 20 cents each at 51.20 per share.
          38 words
        • Article
          Suntec Inv sells 5.3m Amcol shares
          73 11 SINGAPORE Suntec Investments sold 2.02 per cent or 5.333 million shares of Amcol Holdings at $1.82 per share to Sunnet Investments yesterday. The sale reduces Suntec's holding from 5.05 per cent to 3.03 per cent or from 13.333 million shares to eight million shares.
          73 words
        • Article
          Lock icon Shell Refining's profit down 48.9pc
          97 11 Bernama KUALA LUMPUR Shell Refining Company (FOM) Bhd sufTered a 48.9 per cent drop in its operating pre-tax profit to M 597.239 billion (5560.288 million) for the year 1992 compared with MS 190.143 billion in 1991. Turnover also decreased by 13.3 per cent to M
          Bernama  -  97 words
      • Article
        Corrections and clarifications
        41 11 DR Munir Majid will head Malaysia's newly formed Securities Commission not Attorney-General Abu Talib bin Othman, as reported in Business Times yesterday. Mr Abu Talib was appointed a member of the commission. We are sorry for the error.
        41 words
      • Article
        Wepco buys 51pc stake in mould-maker
        220 11 SINGAPORE Sesdaqlisted Wepco has acquired a SI per cent stake in Ray Tech Industry to reduce its dependence on third-party sub-con-tractors. Ray Tech, which nukes and repairs moulds, machine tools, jigs and fixtures, will support Wepco's plastic-parts-making and electroplating activities. The stake has been
        220 words
      • Article
        Lock icon Pilecon outlines growth strategy for 1990s
        193 11 Bernama KUALA LUMPUR Pilecon Engineering Bhd will no longer rely solely on contracting for growth, and this will be its growth strategy in the *****, executive chairman Hong Lee Peng said. Rather, it would use its experience, resources, expertise and strength accumulated from the
        Bernama  -  193 words
      • Article
        SEC to fight court order restraining it from unifying Manila, Makati markets
        504 11  -  From Al Labita in MANILA THE Securities and Exchange Commission will fight a Court of Appeals order restraining it from unifying the warring Manila and Makati stock exchanges. SEC chairman Rosario Lopez said yesterday. Ms Lopez told reporters
        504 words
    • FINANCE
      • SMALL CHANGE
        • Article
          Lock icon HKBank to turn NZ office into branch
          65 12 AFP HONGKONG The Hongkong and Shanghai Banking Corp Ltd yesterday said it was upgrading its representative office in Christchurch to a branch, its third in New Zealand. In a statement. it said the new branch would ofTer "a full range of corporate banking
          AFP  -  65 words
        • Article
          Lock icon Japan firms can sell stocks to cut loans
          79 12 Reuters KYODO Japanese financial institutions will be allowed to sell oIY stockholdings to ease their burden of bad loans as they close their books at the end of this month, which is the end of the 1992-93 fiscal year, government sources said
          Reuters  -  79 words
        • Article
          Lock icon Dah Sing offers HK$1.16b for Wing On
          78 12 Bloomberg Business News HONGKONG Dah Sing Financial Holdings is offering HK533.215 per share, or a total of HKSI.I6 billion (***** million), for Hongkong commercial banking group Wing On Bank, the two companies announced in a joint statement. The offer was first announced last
          Bloomberg Business News  -  78 words
        • Article
          Lock icon India closes foreign currency market
          70 12 Knight-Ridder NEW DELHI India's central bank ordered the closure of the foreign-currency market yesterday after the government on Saturday introduced the rupee's full convertibility in trade transactions. The Reserve Bank of India was to have assessed total foreign-currency reserves held by the banks, and work
          Knight-Ridder  -  70 words
        • Article
          Lock icon Surprise rise in UK's M0 supply
          85 12 Reuter LONDON A larger than expected rise in the narrowest measure of UK money supply for February is a further indication that a recovery in the British economy has started, UK economists said. MO money supply showed a provisional increase of 0.7 per cent
          Reuter  -  85 words
        • Article
          Lock icon Belgian bank plans market initiative
          50 12 Reuter BRUSSELS Belgium's third largest bank Kredietbank NV said in a statement yesterday that it would announce tomorrow a new initiative on the Belgian financial market, together with leading brokerage Petercam. A spokeswoman for the bank would not give further details on the initiative. Reuter
          Reuter  -  50 words
      • Article
        Lock icon New Indonesian law requires govt approval for bank mergers
        488 12 AFP JAKARTA Indonesia has issued new guidelines that require banks to get the Finance Ministry's permission before going ahead" with any merger or acquisition, the Jakarta Post reported yesterday. Banks would have to submit financial information on assets, claims and liabilities
        AFP  -  488 words
      • Article
        Summa assets to be sold from end April
        130 12 JAKARTA The Jakarta Post newspaper reported yesterday that the liquidators of Indonesia's financially troubled Bank Summa will by the end of April start selling the bank's assets. The sale will raise funds to repay Summa's bad debts, which are estimated to have
        130 words
      • Article
        Lock icon China resumes forced bond sales in a blow to reform
        724 12 Reuter BEIJING China is reverting to the forced sale of government bonds after a record issue last year flopped on the open market, Chinese financial sources said. In a major blow to paramount leader Deng Xiaoping's economic reform programme, provincial
        Reuter  -  724 words
      • Article
        Lock icon Cut in current-account deficit sends Aussie bond market surging
        531 12 Bloomberg Business News SYDNEY Australian bond prices surged on rate-cut speculation yesterday following surprise figures showing the country's current-account deficit dropped 55 per cent in January to a five-year low of AS4B9 million (***** million). The seasonally-adjusted figure for January was
        Bloomberg Business News  -  531 words
      • Article
        Lock icon Bank Indosuez opens Cambodian branch
        355 12 Reuter PHNOM PENH France's Banque Indosuez yesterday became the first major international bank to open a branch in Cambodia since the country's warring factions signed a peace pact in October 1991. Buddhist monks blessed the branch building in the presence of senior officials of the
        Reuter  -  355 words
      • Article, Illustration
        Lock icon Aussie current account deficit down in Jan
        64 12 Reuter SYDNEY Bank bill traders signalling bids during morning trade yesterday at the Sydney Futures Exchange after the release of the Balance of Payments figures. Figures yesterday showed the current account deficit fell to a seasonally adjusted AS4B9 million (S$5SB million) in January,
        Reuter  -  64 words
      • Article
        Lock icon Bangkok Bank to set up regional office in HK
        168 12 AFP BANGKOK Thailand's largest bank, the Bangkok Bank, will set up a regional office in Hongkong before the end of the year, a senior official said here yesterday. "We already have three branches there, it will not be a new branch
        AFP  -  168 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Indon firm to ship Scottish steel plant to Trengganu
        371 13 Reuter KUALA LUMPUR An Indonesian steel firm said yesterday it was buying a defunet steel plant in Scotland to be dismantled and reassembled in Malaysia at a total cost of Ms 2 billion (551.25 billion). Privately-held PT Gunawan Dianjaya has agreed
        Reuter  -  371 words
      • Article
        Lock icon Coffee producers search for common front in Mexico
        342 13 Reuter MEXICO CITY Coffee producing nations met yesterday in Mexico City in search of a common front to present to consumer countries they say are blocking a new International Coffee Agreement. The two-day meeting is being held behind closed doors at the
        Reuter  -  342 words
      • Article, Illustration
        Lock icon World Trade Centre firms scramble to recover from blast
        546 13 Reuter NEW YORK Commodity markets, financial houses and other businesses affected by the blast at the World Trade Centre scrambled on Sunday to recover in time for the start of business yesterday. Analysts and traders said all US markets are expected
        Reuter  -  546 words
      • Article
        Lock icon Comalco sees difficult year ahead for aluminium producers
        579 13 Reuter MELBOURNE Aluminium producer Comalco Ltd said it expects calendar 1993 to be difficult and offer most producers little chance of a return to profits from smelting. It earlier announced a net profit before abnormals on a joint venture basis of A
        Reuter  -  579 words
      • Article
        Oil futures up as Kuwait starts cuts
        424 13 Bloomberg ENERGY REPORT LONDON Oil futures prices in London rose as Iran reiterated its commitment to crude cuts, and as Kuwait finally issued cutback orders. Opec pledged to cut crude output from about 25.1 million barrels a day to 23.582 million b/d, effective
        424 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        142 13 A relatively quiet day yesterday on the regional currencies. The weekend conclusion of the G-7 meeting saw the US dollar open higher against the yen and European currencies as there was no mention of a desire for a stronger yen. Also, market speculation of an
        142 words
      • Article
        Lock icon London
        191 13 Reuter LONDON The dollar's early gains faded away in European afternoon trading yesterday after a mixed bag of economic data heightened worries over the pace of the US recovery, dealers said. The dollar's early upturn followed the weekend meeting of Group of Seven (G7) finance ministers and central banks,
        Reuter  -  191 words
      • Article
        Lock icon New York
        90 13 AFP NEW YORK The dollar consolidated its gains against other major currencies here yesterday, except the pound sterling, following pressure by the Group of Seven (G7) industrialised countries for lower German interest rates. At 9:30 am (1430 GMT), the dollar was trading at 1.6495 German marks against 1.6460
        AFP  -  90 words
      • Article, Illustration
        Untitled
        1582 13 trmlr *nfhtnl imk iaUnluh-J asuin\l Spirit in fi 14 iraJin partmrs &w yi-ar I9M< USS/SS forward rates Noon Mar I s$ Bid Oder 1-month 1.6427 1.6442 2-month ***** 1.6429 3-month ***** 1.6414 6-month 1.6373 1.6393 Source: OCBC FOREIGN CURRENCY NOTE RATES As at lfaa yesterday: Singapore dollars to one unit
        1,582 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars pare early gains to end steady
        1416 14 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures finished nearly unchanged yesterday supported by strength in US Treasury bonds and (he dollar, but pared early gains. Contracts travelled higher over Chicago's close, fuelled by speculative buying after trading in New York came
        Reuter  -  1,416 words
      • Article
        KL tin closes nine sen lower at M$14.82
        993 14 COMMODITIES REPORT Tin TIN price on the Kuala Lumpur Tin Market (KLTM) fell nine sen to close at MS 14.82 per kg on buyers' reserve yesterday. Traders said the market was easier in line with sentiments on the London Metal Exchange (LME).
        993 words
      • Article
        COMMODITY PRICES
        1748 14 Rubber Mar 1 IMS Com mo dity Exchai ige (Mi res dosi mg as at 1pm) HAS (physical prta H) RSS 1 Contract (S cents/kg) Am 19 Bayers /C TaMara •CwCW Close Volume Open as si I* noon Month High Low Sett (tonnes) Interest RSS 2 Apr 93
        1,748 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1175 15 +29.7 The lowest monthly current account deficit in five years propelled shares to their largest one-day gain in more than seven months. The data fuelled expectations of a cut in interest rates after the March 13 federal election, a broker said. Futures led the way up. ending at a
        1,175 words
      • Article
        Manila
        593 15 -24.98 Share prices fell sharply in a market ripe for a correction and vulnerable following a spate of bad news at the weekend. The Manila Composite Index closed 24.98 points lower at 1,494.39. "The correction is starting. The momentum on the upside could be stemmed and therefore change the
        593 words
      • Article
        Taipei
        645 15 132.92 The stock market rose sharply to end at an eight-month high in hectic trade as turnover soared to its heaviest level since May 1991. The Weighted Index surged 132.92 points, or 3 per cent, to close at 4.517.59. Turnover totalled NT578.37 billion. The index wavered narrowly in the
        645 words
      • Article
        New Zealand
        319 15 +21.01 The NZSE-40 Capital Index finished sharply higher, boosted by gains in three leaders but volume on market was thin. The index closed up 21.01 points at 1.587.04 on a volume of NZS2S million but NZS7.3 million of that was from an overnight trade in Fletcher Challenge (FCL)
        319 words
      • Article
        Bombay
        96 15 -86.6 Stock prices continued to plunge yesterday, the first full day of trading after the government's Budget proposals were announced. The decline is expected to continue. Traders said the Budget had not satisfied stock market participants. A shortage of funds also forced speculators to unload shares bought on the
        96 words
      • Article
        Untitled
        291 15 Seoul Keb 26 ttoaTOO) Xiura t learn. Ind 15"* -4 Vium In J I "b -5 \nkuk Insuufvc "0* > \\»a i emeni 4 \>u MMl ||B 2 Hank W he Ju IN. Rank < M I'uvin 101 J Bank < M ScihjI I San he11 Sugai 2*1 < heil
        291 words
    • WORLD STOCK MARKETS
      • Article
        London
        927 15 14.6 Shares finished firmer yesterday after hopes of an imminent cut in German interest rates outweighed the negative pull on the FTSE 100 index of several stocks going ex-dividend, dealers said. The FTSE 100 closed 14.6 points up at 2.882.6 and volume was 529.7 million shares. The FTSE peaked
        927 words
      • Article
        Paris
        133 15 15.09 French shares ended at their highest in nearly nine months but below the 2.00() CAC-40 level they breached at the start. Hopes of an imminent German interest rate cut and arbitrage dominated the day's trading, dealers said. The CAC-40 index closed up 15.09, or 0.76 per cent, at
        133 words
      • Article
        Stockholm
        118 15 1.77pc Shares closed strongly higher on prospects of Ger-man-led downward pressure on interest rates. The all-share general index climbed above the 1.000 mark, rising 1.77 per cent to close at 1.012.82 in moderate turnover of 873 million crowns curtailed by Stockholm's winter holiday week. Ericsson B rose nine to
        118 words
      • Article
        Frankfurt
        169 15 16.6 German shares closed at 71/2 month high, boosted by growing hopes for a German interest rate cuts, perhaps as early as this week. The DAX 30-share index ended 16.60 points higher at 1.700.75. its highes level thus far this year and the highest close since July 17. 1992
        169 words
      • Article
        Brussels
        164 15 +3.3 The firm dollar, strong Belgian government bonds and renewed hopes for a German interest rate cut steered Belgian shares to a 0.27 per cent higher close in fairly quiet trade, dealers said. The Bel-20 index of leading shares closed 3.30 points higher at 1.210.78 points with 1.178 billion
        164 words
      • Article
        Milan
        137 15 +3.44pc Italian shares closed broadly firmer yesterday, with the market optimistic ahead of a Cabinet meeting, which is due to review plans for the introduction of pension funds. Dealers said the strong performance of the insurance sector as the market discounted at least a restatement of the government's commitment
        137 words
      • Article
        Amsterdam
        260 15 1.38 Dutch shares ended mixed after cyclical stocks once again came under heavy selling pressure yesterday. The EOE index ended up 1.38 points at 307.20. Demand focused on food, drink and other defensive stocks, continuing last week's trend. All made strong gains, with the financial sector doing well on
        260 words
      • Article
        Zurich
        246 15 +9.3 Swiss shares closed firmer yesterday on speculation that the Bundesbank could cut interest rates soon. The all-share SPI rose 9.3 points to 1,296.0. Despite slipping off highs on late profit-taking, the SMI index of leading shares closed 21.1 points higher at 2.120.5. Financial stocks led by insurers were
        246 words
      • Article
        Johannesburg
        337 15 14 Market leader De Beers led shares higher in quiet trade as the market searched for direction amid a dearth of fresh factors yesterday, dealers said. The JSE Industrial Index finished 14 points better at 4.501. The gold index found little support as the gold price toyed with lows,
        337 words
      • Article
        New York
        798 15 +4.06 Wall Street share prices edged up yesterday as investors digested a series of US indicators released during the morning. At 11:00 am (1600 GMT), the Dow Jones Industrial Index was up 4.06 points at 3,374.87 in active trading, with 69 million shares changing hands. The National Association
        798 words
      • Article
        Untitled
        752 15 Vienna Feb 26 Wh Ug Holdinji IO50 < Bjnk \uMiulP) VM l>» E MNcrtn «Pl Jung*>un/I l#»W< lon/inf u">l> U-A.im »< uiKh (k-MrirBiau *"*> Vmprnl I '5 uiKh Sic>r Hi un^h Voivticf ot I Source: Z-Lan Bank Austria Toronto Yeb 26 C% \Ntrfx Price 13 2'8 2/8 Xkjn \lum 24
        752 words
    • Article, Illustration
      Lock icon HONGKONG
      3092 16 Reuter STOCKS ended close to their record highs as hopes for a Si no-British thaw. US institutional buying and anticipated good annual results for leading blue chips buoyed the market. The Hang Seng Index was 46.83 points up at 6.398.82 and the broader All Ordinaries Index 25.22 higher at
      Reuter; Source: Bridge Info  -  3,092 words
    • Article, Illustration
      CHINA
      466 16 IN SHANGHAI, the rumour that several A share companies would announce their financial results over the weekend did not materialise. This led to heavy selling. Coupled with a new regulation, the A Index plunged 956.21 points, or 10.8 per cent, to 7,895.01. The rule stipulates that each A order
      466 words
    • Article, Illustration
      Lock icon TOKYO
      2533 16 Reuter STOCKS ended lower but off lows in thin trade. The inactive market was weighed down by speculation of poor corporate results, but buying linked to higher futures rescued the Nikkei at its bottom, brokers said. They added that buying by public insurance funds was modest. "The market is
      Reuter; Source: Bridge Info  -  2,533 words
    • Article, Illustration
      Lock icon BANGKOK
      1872 16 Reuter STOCKS plunged in afternoon trade, losing 2.89 per cent at the close on sharp losses in banks and construction firms. Brokers said heavy technical selling started after investors saw that the index could not be supported at around 920 points. The SET Index dropped 27.13 points to close
      Reuter; Source: Bridge Info  -  1,872 words
    • Article, Illustration
      Lock icon JAKARTA
      848 16 Reuter STOCKS closed little changed in lacklustre trade, brokers said. The Official Index closed 0.06 points higher at 300.44. "Trading is dull today. Most prices made no significant changes, mostly moving up or down one point." said a broker. Gadjah Tunggal fell 25 rupiah to 1.850 on 500.000 shares
      Reuter; Source: Bridge Info  -  848 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2699 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Kcnong Bhd 50c I8.40h.00t) Vsia Pac Ld 50i IJ.606.000 Mclropk-x 50c X. 7'0.000 Promet 7.164.000 AMDB 50i 5.953.000 KL Indus!no 4.6*4.000 Multi purpose 4.320.000 Bcrjaya Leisure I.IW.OOO Sn Hartamas 2.884.000 \mal Steel 50c 2.368.000 kamunting 50c 2.146.000 Insas Bhd
      Source: Bridge Info  -  2,699 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Selling of component stocks weakens index
        5019 17 Bernama KUALA LUMPUR The Kuala Lumpur Composite Index ended lower yesterday due to retail selling of major component stocks. The index closed at 634.87, down 3.32 points from last Friday's close. Share prices, however, closed mostly steadier yesterday in active trading on renewed speculative
        Bernama; Source: Bridge Info  -  5,019 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Profit-taking continues to send shares lower
        1094 18  -  By Sylvia Wong THE profit-taking last Friday following three consecutive record breaking performances continued yesterday, chipping another 5.60 points ofT the Straits Times Industrials Index. There was a spurt of small gains in the first fifteen minutes of trading but thereafter, the sellers held
        Source: Bridge Info  -  1,094 words
      • Article, Illustration
        Lock icon DBS Bank
        74 18  -  HOT STOCK Quak Hiang Whai DBS BANK has risen sharply from last year's low of $10.40 and is now testing strong resistance at $12. A break above $12 could see it head for $13. While the upward trend appears intact, most of indicators are cither in the neutral
        SOURCE: BRIDGE INFO  -  74 words
      • Article
        Untitled
        6043 18 I MAX! BOARD Gr Gr 1992/93 Last Vol Dm Ijat Ornate Dt» DiitH Nd M Cap Hick U» j Sale COM) High Low Bayer SHkr Or P/E Saul INDUSTRIAL AND COMMERCIAL 344 170 Aetna 324 -8 172 332 318 324 326 12.2 2.1 3.8 18.7 200.2 210 210 s Alex
        6,043 words
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      7 9 Keppel Finance's profit rises 19pc, Pg 11
      7 words
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      Page 9 Advertisements Column 2
      295 9 Someone close has beenlving Your son in Canada Is studying for some years, overseas. You've given up I WWWt«»VM«« ■■■liln.jlLnnn want him The Straits Times ■QQEgH dose to home weekly teds It bettei -with news (Hem@it PfWTfWT® from home. comeback after reading aO HjOllLjikH the good news.) To your principals
      295 words
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      299 10 FXF C v POWERS YOUR WORLD J t. i -*A\ t V~ u v'• 4 'v-.''• V&> J T* 4 »*f* ***v 4 r*n**<l a* J 1 -A- -yfe/' k r v *i/ i\| H* 1 JB I AST's PowerExec Notebook Family consists of ™X -:'i PowerExec has unparalleled versatility.
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      254 12 I SEMINAR TOPICS SEMINAR SPEAKER Managing Portfolio Risk with Ronan B O'Connor, M.Conun., Derivatives |K| FIA. Senior Lecturer in Treasury Concepts of portfolio risk V and Risk Management at the Role of futures hedging m Michael Smurfit Graduate School Managing basis risk of Business, National University WBL/1 Derivatives As Synthetic
      254 words
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      339 14 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX.734 3698 I Find it in The Straits Times Classifieds where you'll always find good buys, everyday. CiLTJ. yg**** J IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF CSR INVESTMENTS (ASM) LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL
      339 words
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      Page 14 Advertisements Column 2
      19 14 As and when the latest London/Rotterdam prices are not available, the previous trading day's closing figures are carried instead
      19 words
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      36 15 KINGS v POLITICIANS Syed Hussein Alatas, the former head of the Malay Studies Department at the National University of Singapore, on a mental revolution unleashed by the recent royalty crisis. REGIONAL ANALYSIS. In Business Times tomorrow
      36 words
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      56 words
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      29 17 All arrant> aad bond's are listed ia StS page f With over 170 million cords honoww|plM^^^ million of|KXMMO^ YOU'VE GOT THE WHOLE WORLD Olid ATMS ¥WUwid6» IM YOUR HANDS-
      29 words
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      59 18 Singapore:THE HOUR GLASS Lucky Plaza Tel. *****2(V1 Scotts Tel. f^ Centrepoint Tel. *****98/603* Peninsula Plaza Tel. *****09/*****63 1 VVft .■JyjtLjL Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 ladoaesta: THE HOUR GLASS (Licensee) Plaza Indonesia. Jakarta Tel. 21-*****6/*****1 Malaysia: THE HOUR GLASS* Lot 10 Centre, Kuala Lumpur Tel. 03-*****20/932 Yow Chuan
      59 words
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  • SPORTS
    • Article, Illustration
      Lock icon Kite's career earnings top US$8m
      563 19 Golf AP LOS ANGELES Tom Kite became golfs first US$B million man last Sunday, and he did it in dramatic fashion. Four shots behind with seven holes to play. Kite made five birdies down the stretch to win the Los Angeles Open. Winning for the
      AP  -  563 words
    • Article
      Lock icon Weiskopf, US team win Chrysler Cup titles
      252 19 AP SARASOTA, Florida Tom Weiskopf won the individual championship and the US claimed the team title in the Chrysler Cup competition last Sunday by defeating the International Team by nine strokes. Weiskopf, playing in his first US Senior PGA Tour event since turning
      AP  -  252 words
    • Article
      Lock icon Cavaliers knock off league-best Suns in Phoenix
      780 19 Reuter PHOENIX, Arizona The red-hot Cleveland Cavaliers outscored the Phoenix Suns 10-1 down the stretch to pull out a 101-94 victory and snap the home win streak of the National Basketball Association's best team at 19 games. Larry Nance last Sunday scored six
      Reuter  -  780 words
    • Article, Illustration
      One for the memories
      36 19 PORT CHARLOTTE, Florida Texas Rangers' pitcher Nolan Ryan winding up during his first workout of spring training last Sunday. Ryan, 46, has announced that this will be his last season playing baseball.
      36 words
    • Article
      Lock icon McGirt hits a snag before his biggest fight
      826 19  -  How will the boxer bothered by tendinitis fare against Pernell Whitaker? Dave Anderson reports Dave Anderson NYT JERSEY CITY, New Jersey In the ring at Bufano's gym. Buddy McGirt, wearing a red T-shirt and tight royal blue sweat pants, had been using
      NYT  -  826 words
    • Article
      Lock icon Oldcorn sinks crucial putt at Turespana Masters for first win
      397 19 AFP CADIZ. Spain Andrew Oldcorn held his nerve like a seasoned winner as he sank a five foot putt on the final green to claim his first victory in 10 years as a professional at the Turespana Masters here last
      AFP  -  397 words
    • SIDE LINES
      • Article
        Lock icon Hillary Clinton to pitch at opening day
        107 19 NYT WASHINGTON She became the first First Lady to take an office in the West Wing, and the first to be given a real White House job: heading the effort to cut health-care costs. To these firsts Hillary Rodham Clinton now adds another
        NYT  -  107 words
      • Article, Illustration
        Lock icon Winter wonderland in Prague
        34 19 Reuter PRAGUE A young man snowboarding on a hill in central Prague last Sunday as recent heavy snowfall allows the city's inhabitants to do winter sports in the city. Reuter
        Reuter  -  34 words
      • Article
        Lock icon Jackson's call to American baseball
        102 19 AP WASHINGTON Jesse Jackson says American baseball needs to make serious progress to include minorities and women in management by the start of baseball season. If progress is not made, the civil rights leader says, his Rainbow Commission on Fairness in Athletics will mobilise a
        AP  -  102 words
      • Article
        Lock icon Confident Cooke writes off Scots
        92 19 AFP LONDON England manager GeofT Cooke has made it clear that he considers Scotland has practically no chance of winning next Saturday's Calcutta Cup rugby union clash at Twickenham despite the recent Scottish victories over Wales and Ireland. And he remained unrepentant over the dropping
        AFP  -  92 words
      • Article
        Lock icon Japanese baseball team unbeaten
        75 19 AP PERTH, Australia Hideaki Okubo homered and tripled, pacing a four-run second and leading Japan to a 6-5 victory over South Korea in a battle of unbeatens at the Asian Baseball Championships last Sunday night. In two other games, Taiwan won its first game in three
        AP  -  75 words
      • Article
        Lock icon Agassi beats Ondruska in Purex final
        108 19 AP SCOTTSDALE, Arizona Andre Agassi defeated upset-minded Marcos Ondruska 6-2, 3-6, 6-3 last Sunday to win the Purex Championships. Ondruska. who had beaten seeded players Francisco Clavet, Brad Gilbert and Andrei Chesnokov to reach the finals, was the first opponent in this tournament to
        AP  -  108 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        254 19 AP. Reuter NEW YORK NBA results Sunday; Cleveland Cavaliers 101 Phoenix Suns 94: New Jersey Nets 102 New York Knicks 76; San Antonio Spurs 94 Orlando Magic 90: Indiana Pacers 110 Dallas Mavericks 96; Miami Heat 105 Minnesota Timberwolves 93: Boston Celtics 122 Portland Trail Blazers 110; Denver Nuggets
        AP.; Reuter  -  254 words
      • Article, Illustration
        Lock icon Cycling
        71 19 Reuter MUX ICO CITY Leading overall placings after Sunday's final stage of the l our de Mexico cycling race: I. Laurent Fignon (Fra) 45 hrs 30 minutes 29 seconds 2. Juan Francisco Villalobos (Mex) one minute five seconds behind 3. Michael Carter (US) 1:06 4. Miguel Arroyo (Mex) 3:00
        Reuter  -  71 words
      • Article, Illustration
        Lock icon Golf
        226 19 AFP AFP AP LOS ANGELES, California leading final scores on Sunday in the rain-shortened Los Angeles Open (LS unless stated): 206 Tom Kite 73-66-67 209 Dave Barr (Can) 71-72-66. Payne Stewart 72-66-71. Fred Couples 71-67-71. Donnie Hammond 69-69-71 210 Howard Twitty. Peter Jacobsen. JefT Maggert. Paul A/ingcr. Jodie Mudd.
        AFP; AP  -  226 words
      • Article, Illustration
        Ice hockey
        56 19 NEW YORK NHL results Sunday: Pittsburgh Penguins 4 Washington Capitals 2; New York Islanders 7 Hartford Whalers 6 (OT): Ottawa Senators 6 Quebec Nordiques 4; New Jersey Devils 6 Detroit Red Wings 3; Edmonton Oilers 4 San Jose Sharks 1; Winnipeg Jets 7 Minnesota North Stars 6: St
        56 words
      • Article, Illustration
        Soccer
        266 19 MADRID Results from the Spanish league this weekend: Real Madrid 2 Deportivo La Coruna I; Kayo Vallccano 1 Espagnol 1; Celta Vigo 0 Real Zaragoza I; Sevilla 3 Athletic Bilbao 1; Pamplona Osasuna 1 Logroncs 2: Real Socicdad I Valencia 0: Tcnerife 2 Albaccte 2: Barcelona 7 Sporting Gijon
        266 words
      • Article, Illustration
        Lock icon Tennis
        262 19 AP AP Reuter INDIAN WELLS, California Finals Sunday of the U*****,000 Matrix Evert Cup (seedings in parentheses): Singles Mary Joe Fernandez (US I) b Amanda Coetzer (SA 4) 3-6. 6-1, 7-6 (8-6). Doubles Helena Sukova/Rcnnae Stubbs (Cze/Aus 1) b Ann Grossman/Patricia Hv (US/Can) 6-3, 6-4. AP SCO rrSDALE, Arizona
        AP; Reuter  -  262 words
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      541 20 Nothing Beats ABucLBS OF 2^SS^^SSSSS^^^S!9BBS!^^ESS^hi^SSI^^9I« TEOCHEW BRAISED GOOSE 1 March to 31 March The word is out! Each delicious Braised Goose is going at only $45++. So, catch one before the wild goose chase begins. An a la carte Teochew menu is also available for lunch and dinner. OtCWAID fAtAPE
      541 words
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      Page 20 Advertisements Column 2
      335 20 WHERE TO WINE, DINE AND ENTERTAIN i At just $18++, our Bird's .Nest will please your palate as well as your pocket. wGhNi We've just added Bird's Nest flnMHßrni delicacies to our menu at really j4]b/ JBt affordable prices. l Whether it's a Bird's Nest main i dish or dessert*,
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      Page 20 Advertisements Column 3
      344 20 Qde/ieex Q)u/ Top of the M is s« o«< I proud to present Cibn you a taste of rs if P Pas-De-Calais. So rsss Hr M»^J3ZS» A Culinary Tour of France M y Put X 11am to 1230 am /0n Fancy a cold beer while listening to f iyy A
      344 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Married to her job
      837 21 Veteran actress Lilian Gish died on Saturday leaving behind a string of classic films NYT Lillian Gish, the last of the great silent film stars, who went on to perform for more than 85 years in movies, theatre, and television, died in her sleep Saturday evening
      NYT  -  837 words
    • Article
      Lock icon Jane Seymour plays doctor on TV and in real life
      438 21 CHATTERBOX AP AP AP AP JANE SEYMOUR says fans of Dr Quinn, Medicine Woman are really taking her frontier doctor role seriously. Not only do they watch, but they're also walking up to her seeking medical advice. "People come up
      AP  -  438 words
    • Article, Illustration
      A treasure in time
      47 21 SYDNEY Model Kellie Bright yesterday holding a Gerald Genta diamond and emerald studded man's pocket watch which took three years to make. It is valued at about US$l million (Ssl.6 million). The watch is on display at a central Sydney watch gallery boutique.
      47 words
    • Article
      Lock icon When art doesn't sell
      652 21 A Spanish art fair pulls in crowds but not buyers Reuter SPAIN'S modern art fair is regarded by dealers as one of the top European fairs where leading commercial galleries from around the world come to show, and hopefully, sell their goods. But although contemporary art
      Reuter  -  652 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      88 21 }9gfTfß at CHINA-CHINA from 1-31 March The King of crustaceans hold court with an array of exotic and tantalising variation to wet your appetite. For reservations, please call our Restaurant Manager at 322 4224/221 2HII )ur mUnrants iiy/i omt />uMh to en/oy finr Jiwrmj MARINA BAY GOLF A I' I
      88 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      1312 21 TV RADIO HKEEiUiIBSH Waxwork, 10.30pm, SBC S ft An to a midnight ShOW for :^^HHHH| when they are introduced to j||jm^^HH|^HPr the 18 most evil men who have sgkg ever lived. With striking set designs and the usual gore, this 1988 teen film qualifies for PG rating Starring Zach Galligan
      1,312 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Lock icon Japanese property woes deepen
      909 22  -  S N Vasuki reports on the dismal residential and commercial market in Tokyo S N Vasuki Property values in Japan continue to fall, condominium markets remain in the doldrums, office vacancies are rising, asking rents are falling and property company debt levels are increasing. British stockbroking
      Source: Bank of Japan  -  909 words
    • Article
      SQUARING UP
      52 22  -  By Colin Tan 1993 outlook for office space Annual rani p*mwtw(U8fl j Tokyo 1,042 1,836 j Hongkong 884 917 Beijing 396 540 Singapore 232 540 j Kuala Lumpur 229 356 Bangkok 216 313 Jakarta 180 204 Sydney 122 305 ■JB&k M Sourc»: Cotift J**n4 fit' Ha Source: Colliers
      52 words
    • Article
      Resorts abroad for Yishun club members
      348 22  -  ATYOW By Lilian Ang YISHUN Country Club members will soon be able to enjoy new social and recreational facilities in Malaysia and China. Admiralty Investment Holdings, which owns the country club, is planning to invest a total of $70 million in seven new resort
      348 words
    • Article, Illustration
      Rahardja building Indon property empire
      882 23  -  William Chia talks to Hendra Rahardja, the man who refuses to say die William Chia INDONESIAN tycoon Hendra Rahardja was one of the biggest casualties of the crash in Singapore's hotel sector in the late 1980s, but the indomitable businessman has bounced back to become
      882 words
    • Article
      Lock icon Apartments buck Jakarta property downtrend
      293 23 Reuter FOREIGN residents have given a new lease of life to the apartment market in Jakarta, where prices for most other property have tumbled in the face of a credit squeeze. "The apartment business is enjoying the hottest trend in the market," said Michael Williams,
      Reuter  -  293 words
    • Article, Illustration
      Four semi-detached houses coming up in Grange Rd area
      231 23 FOUR semi-detached houses in the prime Grange Road/One Tree Hill residential district will be sold next month the first sale of new units in the area in more than five years. But even before selling begins, developer Goldland Properties Pte Ltd
      231 words
    • REGIONAL SKYLINE
      • Article
        Lock icon Aussie group eyes Indochina market
        68 23 Bangkok Post BANGKOK The Pacvest group of Australia will use its Thai, office as a base to enter the Indochina property market. A p3|t project in Hanoi is expected to begin this year. The companvis also studying plans to develop a resort housing project in
        Bangkok Post  -  68 words
      • Article
        Lock icon New location for Thai govt agencies
        54 23 Bangkok Post BANGKOK Thailand's Town and Country Planning Department is expected to propose the Sanam Chaikhet district, in Chachoengsao province, as the new location for all government agencies relocated from Bangkok. Sanam Chaikhet is easily accessible from Bangkok and the Eastern Seaboard. Thailand's largest
        Bangkok Post  -  54 words
      • Article
        Leasing agents for Suntec City Tower
        78 23 SINGAPORE Jones Lang Wootton Singapore and Knight Frank Cheong Hock Chye Baillieu have been appointed joint-sole' leasing agents for the 18-storey Suntec City Tower. The tower is part of the first phase of the Suntec City project, which is due for completion by mid-1994.
        78 words
      • Article
        Lock icon Lorand Loblay buys Aussie office tower
        64 23 Australian Financial Review SYDNEY Lorand Loblay has bought an office tower from Colonial Mutual Life Assurance for Aslo million. The property, in the centre of the city near Australia Square, was built in 1972. It comprises 13 floors of office space, a ground floor
        Australian Financial Review  -  64 words
      • Article
        Lock icon Paris property market plunges
        68 23 Financial Times PARIS The French capital faces a major property crunch, with rising vacancy rates and plunging values. Banks have already been scarred by bad loans on real estate losses on speculative developments. To make matters worse, the completion of a large number of new offices
        Financial Times  -  68 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      506 22 7 I iPIL Keppel I H 4 Integrated 1 Engineering I Ltd |P (Incorporated in the Republic of Singapore) The Directors are pleased to advise the following audited results of the Company and the Group for the year ended 31 December 1992: I COMPANY GROUP B 1982 1991 1992 1991
      506 words
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      Page 22 Advertisements Column 2
      510 22 Steamers Maritime Holdings Limited (Incorporated m the Repubhc of Sngapore) The Directors advise the following audited results of the Group and the Company for the year ended 31 December 1992. COMPANY GROUP 1992 1991 1992 1991 000 000 000 000 Sales 92,794 48,756 Operating profit and investment income 2,200 4,499
      510 words
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      Page 22 Advertisements Column 3
      118 22 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. O 8.V.1 a ISLE OF MAN a BAHAMAS a JERSEY O BELIZE d LIBERIA CI COOK ISLANDS O MADEIRA
      118 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      33 23 Strategic Management 2 April 1993 SS2BO Marketing Strategies 3 April 1993 *S%2BQ Financial Management For Non-Financial Executives 22 &23 April 1993 •***** All the above seminars are held at Harbour View Dai-lchi Hotel
      33 words
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      Page 23 Advertisements Column 2
      516 23 I W I Keppel Finance Limited I (Incorporated in the Republic of Singapore) Directors advise the following audited results of the Company and of the Group H for the year ended 31 December 1992: H I COMPANY GROUP I 1992 1991 1992 1991 ($'000) ($'000) ($'000) ($'000) Operating income 52,748
      516 words
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  • Article
    India's economy: Free at last
    516 24 EDITORIAL WHEN elephants learn to dance they have to restrain themselves to slow dances, lest they destroy the stage. That has been India's approach to its economic reforms a step-by-step liberalisation to a lilting tune. Finance Minister Manmohan Singh's Budget over the weekend introduced a
    516 words
  • WHAT THE OTHERS SAY
    • Article
      Sensitive and finely tuned
      213 24 IT IS DIFFICULT to please everyone at the same time, but Dr Richard Hu's Budget statement last Friday made a mostly successful attempt to address the concerns of all Singaporeans, from big business to the poorest household in a one-room HDB rental flat. With regard to
      213 words
    • Article
      Praying for peace in Bosnia
      215 24 IT HAS BEEN a year since Bosnia held its independence referendum on Feb 29 and March 1 which led to civil war and bloodshed. Since then more than 100.000 people mostly Muslims have ended up dead or missing, two million are displaced, and tens of
      215 words
    • Article
      Towards a share-owning society
      215 24 THE SCHEME to top up CPF accounts of members announced during the Budget speech, whilst having a direct effect on all citizens above the age of 21, was overshadowed by concerns of rebates and tax amendment policies which will follow GST implementation. One reason is that
      215 words
    • Article
      A test of society's morality
      141 24 UNDER THE LAW, central and local government agencies and businesses are supposed to organise job placement associations to promote employment of repentant gangsters in the country's 47 prefectures. Such associations have been set up in only 23 prefectures. And only 26 former gangsters are known
      141 words
    • Article
      Set up a brains trust
      168 24 IN THE NEW Industrial Master Plan, correct emphasis should be placed on R&D in the local computer industry. We should not continue to be just makers of electronic parts but should be innovative enough to come up with newer, better products. And why not? The
      168 words
    • Article
      People's voice on the line
      166 24 AS A MARK of just how the Legislative Council's role is still viewed by Beijing, the pro-China newspaper Ta Kung Pao suggested last week that talks would only begin if London agreed to make any understanding binding on "all councils of the region." That, of
      166 words
  • Article, Illustration
    Lock icon From a position of strength
    976 24  -  With the Clinton deficit-reduction plan behind him, Lloyd Bentsen held his head high at the G7 finance ministers' meeting in London on Sunday. Steven Greenhouse reports Steven Greenhouse NYT AMERICAN Treasury Secretary Lloyd Bentsen's trip to Britain for a meeting of the Group of Seven
    NYT  -  976 words
  • Page 24 Advertisements
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      74 24 Nouve. /trying-rd gejtm£,olp\ UaJHRTS &O\NG> I STpvRjNG PTT VOOR IN-TRPf/J VF\DR£>JfM.IN PuOU)>|vJ6.. J >/- VJM.L yT" >( C ASSOCIATEO NEWSPAPERS LTD, 195M993 ————————————————————2—lJ22Z^i POONESBURY GARRY TRUDEAU gjll IN OUR TIH NOTKIPPING... n CLINTONS UYIN6 RIGHT CORNELL*? ZONK! V VDUGOTTA I lALRSAPY uc IEAH. PONT6IVE UJHEKE* ZOOIHI GU&SUJHOJUST GET OVER HEARPHIM,
      74 words
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  • ANALYSIS
    • Article, Illustration
      Smaller gets more beautiful Down Under
      1433 25  -  Sydney Correspondent Florence Chong reports on the ehanging face of Australian employment as the recession rages. The other story relates the opening salvos fired by the Liberal-National Party coalition at its campaign launching yesterday Florence Chong IF THE Australian Labor Party is tipped out
      1,433 words
    • Article, Illustration
      Lock icon Swaying the masses by preaching hope
      721 25 Reuter IN LAUNCHING his LiberalNational Party coalition campaign in Sydney yesterday. Opposition leader John Hewson said a conservative government offered hope to those Australians now suffering from the recession. But what Australians got was a large dose of theatre with no new promises as
      Reuter  -  721 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      54 25 President Suharto Bp 1 Hj i ■'*&s%&'-. jj| :J j| General Try The rise of a new, New Order Marzuki Darusman, an official of the ruling Golkar, gives an exclusive insider view of next week's presidential elections in Indonesia, while Regional Analysis Editor Yang Razali Kassim wonders if a new,
      54 words
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  • Article
    Lock icon Japan to outline new economic plan to appease G-7
    384 26 Tokyo to come out with package later this month: report AFP TOKYO Japan plans to outline its new economic package later this month to appease growing calls from other leading industrial nations to boost its flagging economy, a press report said
    AFP  -  384 words
  • Article, Illustration
    Lock icon Chirac attacks oilseed deal, Gatt and role of EC Commission
    367 26 AFP PARIS French Opposition leader Jacques Chirac rejected an oilseed deal with the United States, the role of the European Community Commission and the basis of Gatt free-trade negotiations yesterday. Mr Chirac, who leads the major force in the Opposition
    AFP  -  367 words
  • Article
    Lock icon US trade deficit widens by 31pc to US$96b
    461 26 UPI, Reuter WASHINGTON The United States merchandise trade deficit, excluding military sales and gold, surged to U5596.3 billion (*****.9 billion) in 1992, the Commerce Department said yesterday. The trade gap widened 31.2 per cent from 1991 *s U5573.4 billion. It was the
    UPI,; Reuter  -  461 words
  • Article
    Lock icon Clinton unveils national service programme
    192 26 AP NEW BRUNSWICK, New Jersey United Slates President Bill Clinton yesterday unveiled his plan to start a national service programme inspired by the Peace Corps. It will get off to a modest start just 1,000 or so summer jobs for US college students. He said
    AP  -  192 words
  • Article
    Lock icon China wants British pledge before HK talks can resume
    468 26 AFP, Reuter HONGKONG China and Britain could hold talks on Hongkong if the British side sticks to earlier Sino-British agreements on the colony's future. Chinese Premier Li Peng said yesterday, the Xinhua news agency reported. "We could hold talks but the
    AFP,; Reuter  -  468 words
  • Article
    Lock icon Russian miners strike for faster reforms
    274 26 AFP MOSCOW Russian miners, viewed as a formidable force by the authorities, began a warning strike yesterday to protest against what they see as the dilatory and inappropriate nature of reform. The miners, who are protesting against the reform programme launched by the government
    AFP  -  274 words
  • Article, Illustration
    Game, set and match to China — as usual
    698 26  - Game, set and match to China as usual The Bottom Line JACKIE SAM JACKIE SAM The writer is a Hongkong-based political consultant who contributed this commentary to BT HONGKONG these days seems a little like 1982-83 all over again. Reporters running in circles after rumours, political pundits speculating endlessly, top
    698 words
  • Page 26 Advertisements
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      164 26 f Singapore's most popular N/tsukqJ Telephone System Latest developments in Singapore corporate lft-19 May to^-A.«jWjr»oru« iK 1 d g H PaaPodfk Hotel Proposed tax changes to encourage Singapore business to venture offshore In-depth coverage of latest Cross-border transactions including transfer pricing changes in Singapore Tax and Foreign exchange transactions Regional
      164 words
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      Page 26 Advertisements Column 2
      224 26 SINGAPORf comes Distributor of the most sought after M Key Telephone System ■■mm Tel: 278 7088 J Data Disaster Prevention And Recovery Strategies A Seminar Jointly Organized By Pacific Technology Pte Ltd And Archive Peripherals Asia Pacific Pte Ltd 16th March 1993, 2-spm Venue: Le Meridien Hotel II (Level 3)
      224 words
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  • Shipping Times
    • Article, Illustration
      PSA's revised berth scheme irks conventional carriers too
      590 27  -  By Dexter Lee SINGAPORE The controversial changes in the Port of Singapore Authority's Appropriated Berth (AB) scheme have raised the ire of yet another group of port users the conventional cargo shipping lines and their agents. Unlike the containcrship AB operators, which
      590 words
    • Article
      Lock icon There's money for the bold in ferry service
      417 27 Fairplay TRINIDAD Establishing and improving ferry links between the various Caribbean islands, and between some of the islands and the South Ameriean mainland, are dreams which hold ruin as often as reward. Two major projects arc currently being recruited. Each attempts to
      Fairplay  -  417 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      909 27 Pag? Col ABC Containerlinc 12 1 Accord Group 8 1-3 •APL 5 3-5 Alpha Feeders 6 I •ANL 3 1/2 •Arrow Trans 14 2 •ASCL 5 5 Avant Shpg 6 4/5 Avia Airways 14 4 Bait Orient Line 7 4/5 Bangladesh Shpg 18
      909 words
    • Article
      TWRA managing director to quit in September
      380 27 SINGAPORE The Transpacific Westbound Rate Agreement's (TWRA) managing director Ronald Gottshall will leave his position in September 1993 when his current contract expires. Mr Gottshall, who was instrumental in forming the ratemaking group, served as TWRA's first line chairman representing Sea-Land Service, Inc.
      380 words
    • Article
      Dutch heavy lift specialist expands fleet
      336 27  -  By Ramesh Divyanathan SINGAPORE Dutch heavylift specialist Wijsmuller Transport has expanded its fleet and is scouting for new business. Last year, the company signed two agreements for the commercial management of three semi-submersible heavylift dock vessels, raising its fleet of semi-submersibles to 12. Traditionally
      336 words
    • Article, Illustration
      Lock icon Spanish oil disaster: three months after
      800 28  -  Robert Hart Reuter AN oil tanker disaster oft northern Spain last December may have already faded from public memory, but it is still causing pain and hardship to hundreds of fishing families along the Atlantic coast. In the village of Mugardos a young Galician
      Reuter  -  800 words
    • Article
      DAILY FREIGHTS
      648 28 HOPES of firmer rates for est Africa million loaders were dashed when Total failed the Edinburgh Fruid for a March 7, 130,000-tonne cargo. The charterer was reported to have paid worldscale 87.5 for US Gulf discharge cargo, WS j o the US Atlantic coast and WS 92.5 to
      648 words
    • Article
      TRANSPORT DIARY
      1106 28 COURSES Title: Principles of Shipping Od erations Practices (SDF 70%) Duration: March 2 Apr 16(1' evenings) Organiser: Singapore National snipping Association Tel: For further details and application forms contact SNSA at tel: 278-3464 or fax: 274-5079 Duration: March 2-3 Title: Ship Chartering Practice Charter Parties Negotiation Organiser Traffic
      1,106 words
    • Article
      THE SHIPPING GUIDE
      11275 36 I his is u list of ships loading al 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. LEGEND PN: ship calls at Pcnang
      11,275 words
    • Article
      SHIPPING AGENTS
      3385 41 CONFERENCES CONSORTIA Hi III Auwrica Eastbound Rata ApMMait (Far East/North Aawrka, excludes Japan): American President Lines; Sea-Land; Neptune Orient Lines; Maersk Line; Nippon Yusen Kaisha Line; Mitsui OSK Lines; Nippon Liner system; "K" Line. Trans-Pacific Westbound Rata Agreement (North America/Far East): American President Lines; Sea-Land; Neptune Orient Lines;
      3,385 words
    • Article
      COURIER SERVICES
      263 41 Abacus ('ourk*rs Tel: 545-8011. Fax: 545-1898 Air Express t ravel Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporal ion Tel: 542-8844 Fax: 542-3716. *****80 Airsttifl Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975 Citx-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies
      263 words
    • Article
      AIR FORWARDERS
      1477 41 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05 \erospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666 Fax: *****74. *****50. Air
      1,477 words
    • Article
      PORT CONDITIONS
      2420 42 ALBANIA Durres: Four vessels in port of which 2 discharging flour. I paper, 1 general cargo. ANGOLA Luanda-City: Normal with water and power supplies irregular hut restored after the disruption of previous weeks; port working normally with no delays for container vessels and only 1-2 days waiting for
      2,420 words
    • Article
      SHIP SALES & TANKER RATES
      1067 42 SHIP SALES TANKER RATES SINCE the last time of our last update. some interesting transactions have come to our attention which evidence a firmness in prices, certainly on the dry side. Italian buyers. Scinicariello of Naples. are believed to have paid the good price of U5514.75 million for the larger
      1,067 words
    • Article
      AIR FREIGHT SCHEDULE
      554 42 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type LTD T To TOOAY TODAY NCA KZ203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL NCA KZ204 B747F 0335 I BKK/NRT JAL JL6I7 B747F 0345 I TYO KAL
      554 words
    • Article
      CRUISE & FERRY SCHEDULES
      574 42 CRUISE FERRY SCHEDULES CRUISE SNIPS Ait Pep Name of Vessel ETA ETD Ports of Calls Port Age* Telephone No MARCH 03 03 Island Princess 0800 1200 World Cruise Straits Shpg 221-1748 03 03 Detfin Star 1200 1600 Sin-Port Klang Ocean Trade Chartering 299-0366 04 04 Rotterdam 0800 1800 World Cruise
      574 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        639 43 Vessel Voy No Berth Arrival [Vpjfture Vessel Voy No Berth Arrival Departure Jurong Port iMataya 03,91 P03 0103/19M ASL 21 B 3 12 3 alongside 0203 2300 Calte» 02 0J* PC'IA 02.03 1100 0203 190C Dwi Seropurna 05 93 )1 alongside 0293 231b Cjlte» 28 02" POtA
        639 words
      • Article
        MALAYSIAN PORTS
        230 43 Johore Port Berth 1: Juta Jaya. 2: Hua Hong Satu. Sun Speed. 3: ban Hong. 4: Sea Gallant. 5 Zeynep Kaptanogl: 6: Singapore Bridge 01 jetty: Akademic Vekua. OCJ: Excelsior. Due on March 1: Howa Botany T riton. Asitt 11 Kuk'ili Maru No 3, Sevestopol. Aries. Uni Modest.
        230 words
      • Article
        CONTAINER SCHEDULES
        2014 43 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Voy No Containers avaiabie Sty Voy No Containers avaiabie D Kalimantan MS 28 02.93 0315 New Genlord 1893VN COO(EST) 0103 93 2300 Dasa Sepuluh 916 28 02 93 G7C0 Banglar Robi 03VV COOiESTi *****3 0300 Shenton 14A 2802.93 0/20 Guru
        2,014 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Boeing scores as New China Air blacklists Airbus
        500 46 South China Morning Post HONGKONG Mainland cargo carrier New China Air has abandoned plans to buy aircraft from Europe's Airbus Industrie and switched loyalties to Boeing as a direct result of France's reported sale of 50 Mirage fighter planes to Taiwan in
        South China Morning Post  -  500 words
      • Article
        Lock icon Leyland Daf Vans to unveil buyout plan
        389 46 Reuter LONDON Management at Leyland Daf Vans yesterday was set to unveil plans for a buyout of the business, one of three UK operations of stricken Dutch truckmaker DAF NV. The six-strong MBO team, headed by managing director Allan Amey. said on Sunday
        Reuter  -  389 words
      • Article
        Lock icon PWA Corp revises debt restructuring plan
        185 46 Reuter CALGARY PWA Corp has revised its restructuring plan to reflect feedback from two months of discussions with its creditors and lessors owed CS9(X) million (SSI.2 billion). PWA, the troubled parent of Canadian Airlines, stopped making payments to creditors and lessors on Nov 30
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        Air-India profit may cross 3b rupee mark
        376 46 BOMBAY Air-India is set to make a record profit of over three billion rupees (SSI66 million) in the 1992-93 financial year against 1.45 billion rupees during the last financial period. The overall improvement in its performance during its diamond jubilee year comes at
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          Lock icon TNT opens office in Penang
          118 46 Bernama KUALA LUMPUR Courier service firm TNT Express Worldwide has opened an office in Prai. Penang. In a statement released last Friday, its general manager for Malaysia. Mr Han Yew Kong, said with its expansion plans on schedule, the new office would fit neatly into
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          Lock icon 10 rescued from Spanish cargo ship
          78 46 Reuter CADIZ. Spain Ten men drifting off Morocco in life-rafts were rescued on Sunday after a Spanish cargo ship earning horses to the Canary Islands sank in the Atlantic, port authorities said. Five crewmen from the 1.123-tonne roll-on-roll-off vessel Isla de la Gomcra vessel
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          Lock icon Withstanding the Siberian cold
          65 46 Reuter MOSCOW A mechanic attaching a cover to the engine of a new Airbus A 340 long-range airliner last week at Moscow's Sheremetyevo-1 Airport. The plane underwent tests in Siberia to see how it would cope with conditions of extreme cold. The first of the four-engine
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        Thai govt to ban import of used cars less than two years old
        517 46 BANGKOK From April 17 1993, only completely built-up (CBU) new cars will be allowed to be imported, thus ending the government's two-year grace period for the import of used cars not over two years old. Adul Vinaiphat.
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        1647 46 City FUM ET» tn_ Otjr Fjtft ETA n«M HP Abu Dhabi GA893 1500 GA982 0210 Geneva j SRI83 2140 ISI Hudyai MI815 1750 MI816 1410 Adelaide QF81 1935 QF82 2050 TG407 2010 Amman RJ182 2200 Ho Chi MM) City VN/SQ741 TiTs VN/SQ740 Uli Amsterdam GA893 1500
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      7 27 REGIONAL ANALYSIS Every Wednesday in Business Times
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      21 27 Lines and services represented by Members ef the Registry ef Accredited Singapore Natfcmai Ship-S-of U'lvertisinx enquiries, contact Shtpoim; times I'el 10.W140-2090
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      334 27 International Freight Forwarder EUROPE LCL FCL Services ■^@*****0 M+R FORWARDING PTE LTD Spanish oil disaster 3 months after, Page 2 Boeing scores as New China Air blacklists Airbus, Back Page "someone dose has beenlving Your son in Canada is studying for some years. overseas. Ybu l!f g^ enup BPU99 And
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      3866 29 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES *****40 \\W// For a«ver«'S'nfl enquiries, jaroine a swpwng^agencies 2 'son" bhd. contact Shipping Times: PETALING JAVA TEL 03-*****76 FAX. 03-*****42 L VWV J r. PENANG TEL: *****4 FAX *****1 CFS TEL *****6 j-i 7 ja onQQ/7/in OAOA Dedicated to Quality Service ipoh tel
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      1536 29 MAERSK GOES....RED SEA ACCEPTING TO AQABA AND HODEIDAH ANNA MAERSK V.9304 ETA SIN BTH MARCH 93 Vessel Voy ETA ETO feeder by Sea Lark Aries DESTINATIONS This week mc-kinney maersk v 9304 —WJ——» *****0 hrs mKmm liißHlAiiiilHliiiiifl CFS 93 I too MRS JOH LPK PEN OAK LGB HOU SOO ATL
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      803 30 AOABA ROAM/ [I VOY NO S PORE JEDDAH (via JED) S TON H BURG ANT HAVRE ■omj KAQA 28/108 4/3 21/3 24/3 22/3 L Ml VKSIWMO LUOWIGSHAFEN EXPRESS 06/308 6/3 15/3 21/3 24/3 27/3 29/3 31/3 MKT HUM A IBMM KASUGA 1 25/109 11/3 27/3 30/3 28/3 CJM6O TO UK/CONTVOfT
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      575 30 FCL'& Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for aM services C.1.5.-Vostoctiny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam e Mongolia e Hungary CSFR t Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel BTA SM VILLE DE TUCANA 07/03 VILLE DE
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      1429 30 Bl—aaaia uas MMW REGULAR INDEPENDENT FULL CONTAINER SERVICE VBL/VOY FEL LHA I NORASIA AL-MUNTA2AH 9301-3 09/03 30/03 31/03 04/04 05/04 06/04 07/04 08/04 09/04 NORASIA SAMANTHA 9302-3 16/03 06/04 07/04 11/04 12/04 13/04 14/04 15/04 16/04 NORASIA SUSAN 9303-S 24/03 14/04 16/04 19/04 20/04 21/04 22/04 22/04 23/04 NORTHERN lOY
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      2046 31 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppd Towers Singapore 0208 Tel: *****88 Fax: *****17 ff if m «mp<*>i pt> u* SS» Dm SMS II COMTiMMDI SCRVICB TO CAMMMNA STRAITS VENTURE YO6E Muata. lab 02 03 Mat 04 Mar OS Mm KRIS MIRUBI VO4E KK. Skan Taw
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      2761 31 SINGAPORE AGENT: |JXii| AntoitlAf*C p&0 Containers (Singapore Agencies) Pte Ltd X 1»\ 9 VjUllidlllVl 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 ■pfeMBMIIL Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 W"" v CR Number: **********0Z EXPORT IMPORT VESSEL VOY -PNO "PKO UN ALO SOU
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      730 32 IPHBB I INDONESIANAnONA^INE^ -IV ww mt'l' ww I nifliu rrm I m/ 3 I «/< v* I n/« u/« toAu^nufST^^m EAST Vokst PO«I v TS ¥51/ DOT Ml STOW STD ***** I BBS FK MOO AUSTRALIA 42S 3/3 2/3 19/3 22/3 lt/3 GOWA 03S 9/3 1/3 22/3 Zi/3 2/4 WO
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      1909 32 0 HANJIN SHIPPING n* VSL SM UK HAUL SU Po* FDU VSI l f,a C HMUN EUZAKTH 007t 6/3 WECT 25/3 27/3 HMUM «OUI 13l£ 1/3 K WJWWWO3* M 11/4 HMUM VANCOUVER 012E 13/3 DKCT 1/4 3/4 HMUM KWANGYANG OWI 8/3 f MWI ME 15/4 l«/ 4 l»/4 HMUM OSAKA
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      1471 32 in iu i» u nc in u w w no m I lan M 955 5/1 12/3 11/1 13/3 15/3 l«/ 3 U/3 l*/3 M/ 3 22 3 2/4 14/4 li/4 17/4 27/4 21/4 21/4 30/4 1/5 11/5 21/5 25/5 21/5 I LOAHNE M-077 9/1 11/3 15/3 17/3 15/3 22/3
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      1144 33 NEPTUNE AMBER I*' ETA II II ARRIVING LOS ANGELES 28/03/93 IN 17 DAYS II ggg II AEX: 'NEPTUNE AZURITE 08E' ETA SGP 10/03/93 Ml arriving new york 02/04/93 in 22 days ■I II *R2 SCX: Comactlng C. Jlfltar Voy 62E In Nk| 07/03/93 HI SCI: C«—rhw| Da—i »«T tg »N>|
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      364 33 ©HEUNG-A SHIPPING) Korean Flag Vessels STRAITS/KOREA SERVICE PKI at SR MK BN OK 080 Nt» SIM JOIN N/03 N/03 12/03 11/01 14/03 CMOVMG SIM mm 03/03 N/01 10/01 14/01 IS/01 10/01 HO. 7 DOMM 302H 05/03 10/U 10/01 24/03 21/03 IfHMD 310N 14/03 15/03 10/03 2V03 24/03 S/03 CMOTMB LAW
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      150 33 CENTENARY SHIPPING SERVICE wemr CHI MINH OTY How provtdng Container Trucking toVungtau, from Ho CM Mlnh Oty ytlKl't NAME VOY.NI ETA/D fPOWE ETA/P HCM CfTY TANAM AM 7SN/S M PORT Ot-O* MAR S3 TAN AM AM 7SN/S OS-OS 08AR 12 12 MAR S3 TANAM AM SON/S IS-1S MAR IS-IS MAR
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      1086 33 SINSOV SINGAPORE SOVIET SHAPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOWD-aSCWiraWG WESTBOUND—IOAOWC TRANSHPfH) YU ROTTERDAM
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      1555 34 K**"V AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) —i M TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/^9 i li MALAYSIA "K" UNE MARITIME (MALAYSIA) SON BHD M V J, TEL. SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 KAWASAKI KISENKAISHA, LTD INDONESUV: ".SARANALAUTINTERNUSATEL: -"CT*****76. *****77. *****08
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      721 34 PHIU-OniCNT LIN€S PT€ LTD 1 08 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... IV£ TAKE ON THE WORLD FOR YOU fgg MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION S9>r I \~AUSTRAUA/NEW ZEALAMO/90UTN PA&FIC FCULCL SONIC£~V^ 8 MAR SYDNEY,
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      440 34 f\tC7*zn GOLDEN LINE A \y& G?V mH shpping iCSsXV (PTE) LTD 23. IM »ye Street SMGAPOK 01*4 IU 5J***** (10 UK) Fu: ***** M (a n* ltinuoeoM) «TiAIT«/m»m> CULT IMWCI S pore P Kelang Penang Ga»N STM Karachi Out* Oamm*" 24 2S Ito mia a»c£ Karachi buu. 110 K* lucta
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      683 35 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street. #03-00 PIL Building. Singapore 0106. CR NO **********04: COLOMBO/RED SEA FULL CONTAINER SERVICE VESSEL KOTA JATI KOTA WIJAYA KOTA SINGA VOY SIN JT107W WJA021 SGA023 ALSO ACCEPTING LCL CGO TO ADEN. P.SUDAN, HOOEIOAH, DJIBOUTI A AOABA ALSO ACCEPTING PORT SUDAN. ADEN. D'SALAAM
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      1163 35 WEEKLY LCL SERVICE NORTH EUROPE EVERY TUESDAY FOR THE FASTEST TRANSIT TIMES IN THE TRADE CALL:BEN LINE AGENCIES (S) PTE LTD TEL: 225 3522 BOOKINGS: NOELLE TAN/TS CHOW YEA SHYUAN/SALLY YAP OR EAC TRANSPORT AGENCIES (M) SDN BHD BOOKINGS: ANGELINE TAN SHAH ALAM TEL: *****49 001 ARK KHIANG PENANG TEL:
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      309 35 °BSA° TRANSPORTATION MA MYANMA mmmk five star line T (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIi Pen P.Gd( MYITKYMA V46BW In fori HP* AN VIBSW 27/1 Mar PAGAN *194W 11/13 Mar MAIDTSU AGENTS BOUSTEAD SHTMNC AGENOES RUE TEE 03 *****00 PHI TEI 03-3tlt7S7 PEN TEI 04 *****5 PCD:
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      1981 38 Foil Container Liner Services **>,»»'. »,«,<*: Mm** a,**: General Agents: Booking Agents: Gnan Gnan Shipping Sin Bhd Chung Chin Shipping Sdn Bhd P.T. Global Pntra Indonesia Maritime Costar Shipping Rte Ltd simmg rmght Booking Centre 54a BM 58 Persiaran Raja Muda Musa Lot 3.34. 3rd Floor, JI IR H Juanda
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      595 38 EXPORTS TO HONGKONG. TAINAN, MANLA I JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUM HOT IKI FBI KT SH I* MC KAO KEE TTO TOK 8U NCO AOS KSSI DOT |JM [So POI Rl a ACX «pg 371 •♦1.13 •♦lO3 213 5«3 103 11 03 1(03 1(03 1703 1111 ACI SHAN
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      502 38 I ttSSa WOT JAKARTA SPORE BANGKOK MANIA GUAM SATAN I I OCEANIA EXPRESS 11 APR 1 APR 5 APR 12 APR IS APR 19 I OCEANM EXPRESS t2 APR 30 MAT 4 MAT 11 MAT 17 MAT IS I I KSSfI I OCEANIA EXPRESS SI APR 1 ASIAN LIT VSO
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      683 39 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 8/3 ROTTERDAM 8/3 HAIFA/ASHDOD/ALEXANDRIA 8/3 HAMBURG/BREMEN 8/3 MARSEILLE/FRANCE 873 FELIXSTOWE/UK 8/3 BARCELONA/SPAIN 873 LEHAVRE/ANTWERP 8/3 GENOA/ITALY 873 GOTHENBURG/SCANDINAVIA 8/3 LOS ANGELES/WC/IPI 6/3 SYDNEY/MELBOURNE 3/3 NEW YORK/EC 6/3 FREMANTLE/ADELAIDE 4/3 VANCOUVER 3/3 BRISBANE 3/3
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      780 39 W TEL: *****33 (12 Lines) SL FAX: *****15/*****03 frl TELEX: RS ***** RISHIP (3 Lines) PB ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY ETA I LOADING fOH SPORE ANO4NE r 30AB 10 04 DAMESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NET SANE T 2VWB lb 05
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      1055 39 JAKARTA BANGKOK vessel voy m mi |*sm Ivor awsyosi Bangkok RAIA BHUM 68S 5/3 1/3 PIYA BHUM 273N Tut 2/3 Eri 5/3 THANA BHUM 20S 7/3 10/3 G. KOfINISEV 16N Ned 3/3 Sat 6/3 NANA BHUM lgTs 10/3 14/3 HZ? 111 *11 lARU BHUM 66N Eri 5/3 Mon «/3 RAM
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      1357 40 GROUPAGE I I I PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 1 X P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 COMPETITIVE RATE TO HONG KONG 3 SAILINGS WEEKLY (MON/WED/FRI) FOR ROOKING, PLS CALL *****76. *****75. *****221 OLOBEUNK FORWARDERB_PTE LTD iIE (1$ L*m*l FAX: 22*m*/*****42 TLX R*
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      241 40 mrngsS^MSBBM w BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKI LYT SM PftOSTECT 23S 10/3 23/3 25/3 10/4 #N I SIM 6S 20/3 1/4 3/4 20/4 PREMER 23S 4/4 17/4 19/4 4/5 WITH OPPORTUNE TO CAll BMSBANE OH OK ABOUT 21/2 FULLY CONTAINERISED SAILINGS
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      989 40 THONfi SOON UNES PTE. LTD.] 77 ROBINSON ROW #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11. *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I &6WIftW6kAL/66wTAiweR I 66wtAMft MhVtti* I SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL |VOT IS'POtE [best vessel vot spwe p.
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      33 42 WF U M C CONVENTIONAL SERVICE TO CHINA. KOREA JAPAN V&2SX SAWAWAK/SABAH HKO SHAWQHAI U MEMO 832 12-22.2 262 3JSM AGENTS IN DISCHARGING PORTS HONGKONG GOLDEN FORTUNE SHIPPING CO. SHANGHAI SINOTRANS SHANGHAI CO.
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      59 43 I Eteaitive Housekeeper this hotel] o vvuv wants is me. Bob I'll never neglec-t L__ j the baby! J I I Any Job. Any Career. Available Any Day. Any Time. Anywhere. the Straits Times The Sunday Times Business Times The New Paper LIANHE ZAOBAO LIANHE WANHAO SHIN MIN DAILY NEWS
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      676 44 cosco I UKC CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR A VESSEL 28/2 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR A VESSEL 15/03 20/03 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer
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      161 44 J EES FREIGHT SERVICES PTE LTD jTj #01-60 Wallich Building, Wallich Street, Singapore 0207 Tel: *****66 (10 Lines) Fax: *****69/*****44 I "PLANETA" 11 "NANTA BHUM" 11 "ACE CONCORD" I V.136 II V.131N V.3OE I ETD SIN: 8/3/93 11 ETD SIN. 6/3/93 11 ETD SIN: 5/3/93 I We provide competitive LCL
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      282 44 [FARJAS^ S'keelm VJA KARTAJ I HONG KONG l c RANGKOK -V ff HAMBURG "V I ROTTERDAM rBARCELONA /HARSEI^^ft V 7 CARGO \TEL:*****68 19 crosswater] KM) OFFICE: 291 SERANGOON ROW #06 00 SERANGOON BUIDMG S(0S21) KAREHOUSE (CFS) BLK 37 04-25/* TG PAGAR FREIGHT STATION Ttl *****05 I PT KELANG/PENANG 7/3 I
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      771 44 Antwerp 7/3 Fremantle 4/3 Bangkok 6/3 Bremen 7/3 8/3 Busan 8/3 Hamburg 7/3 Melbourne 8/3 Hong Kong 8/3 LeHarve 7/3 Kaohsiung 6/3 Felixstowe 7/3 Keelung 5/3 Rotterdam 7/3 Bombay 8/3 Jakarta 7/3 Calcutta 7/3 Manila Chittagong 4/3 Lax Nyc 7/3 arachi ■MSpTinJ 'We travel all over Madras 4/3 States USA*
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      786 45 4 HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS VOT I PNA I PKE PGP VESSELS VOY_ _SIN_ HTM ANT* tEH* HAM BWJ FEL HMM ADVANCE 06A 23/2 24/2 26/2 SI MARINER 303W 28/2 19/3 19/3 20/3 21/3 21/3 23/3 MM ADVANCE 07A 2/3 3/3 5/3 H EXPLORER
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      516 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS ttSSU MY 9 H UC II mutt ntm 111 su aw i i CKMK MU 21 l/J smu it I/) 11/1 lUS4M 14 11'} II MM it,} cosmk null M tl/l sui mom »<) tl/i w it i NMCt
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      1106 45 OUR USA Im*» m m, nu iftM nw k, ifti Ofti mou dm cm a iu n SERVICE CALLS —""Mi a u RUtftlOft —W »WV tl«4 >3 ?1 »3 It »3 34 >3 ?< (3 «3 N ft) ft ft) ft ft) SINGAPORE »7-ft) lUKftlßft ftBCOKT l ltft3 Ift 11
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      32 46 mm, I Lb I Notice IW E ARK PLEASED TO ANNOI NCE, I EFFECTIVE 25 FEBRUARY 93, \N E (iLOBAL CONTAINER FREKiHT PTE LTD. IS I OFFICIALLY THE APPOINTED A(iENT FOR LI
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      46 46 I|A j Tomorrow in Business Times Fly Finnair's new Business Class to Europe. Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles ahead of its competitors. Call your travel agent or 733 3377 for more details. know the world from start to Finnish.
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