The Business Times, 9 February 1994

Total Pages: 42
1 42 The Business Times
  • 12 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Wednesday February 9 1994 75*
    12 words
  • 2am LATEST
    • 34 1 Bloomberg Business News WASHINGTON The US Commerce Department yesterday removed restrictions on exports to Vietnam, reflecting President Bill Clinton's decision to lifl the trade embargo against the Hanoi government.
      Bloomberg Business News  -  34 words
    • 62 1 Bloomberg Business News LONDON The UK underlying annual inflation rate, at 2.7 per cent, is likely to remain subdued for the next two years. The Bank of England said last night that there was still a risk that inflation would overshoot the centra! projection
      Bloomberg Business News  -  62 words
  • 155 1 Stock market indices Taesday Change STI1 2,321.64 +7.19 KLSEComp 1,108.72 +14.7 Nikkei 20,251.23+236.83 Hang Seng 11.454.16 +39.89 SET Index 1,365.73 +20.92 Jakarta Comp 587.97 -6.15 CLSA China B closed AustAllOrd 2,305.4 +24.3 FTSE 100 3,440.2 21.1 Tatsdiy Previous 1 pm close Dow Jones 3,909.97 3,906.32 Average of prime
    155 words
  • 490 1  -  From Neil Behrmann in LONDON THE Bank of England reduced its base interest rate to 5.25 per cent from 5.5 per cent yesterday, triggering increases in the prices of bonds and equities. British clearing banks followed the Bank of England's lead
    490 words
  • 372 1  -  By Quak Hiang Whai SINGAPORE Asian stock markets recovered partially yesterday as the sneeze in New York last Friday did not turn into a cold, as some had feared. After a 35-point recovery in the Dow Jones Industrial Average on Monday, from its 96-point plunge
    Source: Bridge Info  -  372 words
  • 146 1 Bloomberg Business News NEW YORK Wall Street stocks opened lower in morning trading yesterday amid concern about the Treasury's sale later in the day of US$l7 billion (SS27 billion) in three-year notes, but rallied later in the session on the strength of
    Bloomberg Business News  -  146 words
  • 383 1  -  By Rahita Elias SINGAPORE Eight people were killed and three seriously injured yesterday in a fire on board a British Petroleum ship being repaired at Jurong Shipyard. The yard said in a statement yesterday that fire broke out on the 23,967-gross-tonne tanker,
    383 words
  • 474 1 AP HONGKONG Fire those high-powered analysts. Throw out those technical charts. The Feng Shui Index is here to tell the canny and uncanny investor when to go for broke. With the Lunar New Year beginning tonight, many minds are turning to
    AP  -  474 words
  • 600 1  -  From Anthony Rowley in TOKYO THE Japanese government finally managed to unveil its long-awaited 15.1 trillion yen ($1220 billion) economic stimulus package last night, though only after an 11thhour compromise over a cut in income taxes which left analysts divided over
    600 words
  • Page 1 Advertisements
    • 203 1 0 BRt.XO MAGLI I Centrepoint 101-30 Tel: 737 4509 Paragon By Sogo #01-19 Tel: 734 9935 i COWTINTt Spore News 2 S'poretfsia 13,14,15 R»g>ona» News 3.« Financial 16,17 *k'd News 5 rutiui Mariwts Analysis 11 Oob/RISE. SES 20-22 Editorial 10 Reponal .18 Sports S World 19 TV/Lifestyle 7 Currencies 16
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    • 9 1 Regional Analysis: Pg 9 Asia's search for new opportunities
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    • 13 1 Hock Lock Siew: pg 13 y Is timber fever set for the chop?
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    • 129 1 The Bottom Line: Pg n Cose/for judicious activism Full reports. Pages 18-22 S'pore manufacturers upbeat about business prospects Page 2 The shadow of Nafta falls on Gatt Page 11 Toyota operating profit plummets 84pc Page 12 MM Now You Can Afford A High Quality Fax On Your Desk. The Canon
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    • 14 1 MAM M ITALY Paragon By So (O 'Hosokawa's involved in bribery scandal,' Page 4
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • 402 2  -  By A J Leow THE tourist sector is off to a running start this year, with tourist arrivals crossing the 500,000 mark for the second year in a row in January. The Singapore Tourist Promotion Board (STPB) yesterday said Singapore received 552,000 visitors last month,
        Source: STPB  -  402 words
    • NEWS ROUNDUP
      • 127 2 FORMER military chief Winston Choo will be Singapore's next High Commissioner to Australia, the Ministry of Foreign Affairs (MFA) announced yesterday. Since retiring from the Singapore Armed Forces in 1992, Lt-Gen (Ret) Choo has been chairman of Chartered Industries of Singapore and
        127 words
      • 80 2 Corrections Clarifications IN YESTERDAY'S report "3-way link to cut settlement delays by end-March", we quoted a spokesman for the agent banks as saying that in the past 10 days, the number of outstanding trades had come down from 20 million to three million. This is incorrect. The spokesman was referring
        80 words
    • 230 2 SINGAPORE Cable Car (Pte) Ltd (SCC) is studying the feasibility of operating a cable car system in China. The company, which is jointly owned by the Sentosa Development Corporation and the Port of Singapore Authority, signed a memorandum of understanding in
      230 words
    • 511 2  -  Electrical machinery, electronics industries likely to shine By Genevieve Cua BUSINESS prospects in the first half of the year will improve, say manufacturers, particularly those in the electrical machinery and electronics industries. Those who are bullish cite the US economic
      511 words
    • 213 2 LOCALLY-BASED biotechnology company Scitech Genetics yesterday signed a collaborative research agreement with Amersham International, a leading UK health science company. Together, they will develop a new tool for diagnosing and measuring viral diseases at an early stage. The DNA-based research will cost about S3
      Photo by Arthur Lee  -  213 words
    • 250 2  -  By Joseph Rajendran JAPANESE giant MatsushitaKotobuki Electronics Industries has become the first nonAmerican firm to invest in a disk-drive manufacturing plant in Singapore. The company will initially sink $41 million into an 18,800-sq m plant in Corporation Road, Jurong,
      250 words
  • Page 2 Advertisements
    • 43 2 Q\fiJf V*€*M \< 4VUUMOU SiVcc X^'A'■4, 0 -fat i ii ovu- »*OVt <f£sCMyWov\s *v\ 6uisitvc i* Wnk we>v*Uy c>f -Kvt -re> cer***of-o f /^v you AM *r\ **\b\£"C£ vtyvtuuscevvv Ki^lw^, Ta*Aoor if-ttxc t< 1^ jandoor tt? pm^^pot* 11, (*Ax*r Ce^t^c)Swiy^oit.OlA. for »ts<i^v^*v)*>s, plc*sti"ci 111-ilTl.
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    • 86 2 \M A Valentine's Gift So Precious J|§ You'll Be Tempted To Keep It Saturday 12 Sunday Febmrv 1994. A prestigious collection of hand-knotted Persian carpets and decorative rugs will be on exhibition and sale at |j^» ShangriLa holel b||§| EJ Azalea room, tower wing /4th floor j from 9.00 am
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    • 378 2 Notice In fee Matter of the Companiea Act, Cap.so NOVO ORIENT TRAVEL TOURS PTE LTD (Incorporated In Singapore) SPSCIAL RESOLUTION At an Extraordinary General Meeting of tfae members of the abovenamed company, duly convened and held at its Registered Office at 11 Dhoby Ghaut #07-02 Cathay Building. Sngapore 0922 on
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  • SOUTH-EAST ASIA
    • 418 3  -  From Harish Mehta in HO CHI MINH CITY AMERICAN businessmen and chambers of commerce in the region are expected to bring pressure on the Ginton administration to grant Most Favoured Nation (MFN) status to Vietnam. This follows last week's decision
      418 words
    • 315 3 Bloomberg Business News, Bernama NEW YORK Following last week's lifting of the US trade embargo on Vietnam, KPMG Peat Marwick, Price Waterhouse and law Arm White and Case have all announced plans to expand in that country. The World
      Bloomberg Business News,; Bernama  -  315 words
    • 68 3 Reuter HO CHI MINH CITY A Vietnamese woman construction worker sifting sand on the 12th floor of the New World Hotel under construction in Ho Chi Minh City on Monday. The first stage of the hotel is expected to open in six months. When completed it
      Reuter  -  68 words
    • 235 3 Bernama KUALA LUMPUR Malaysian Industrial Estates Sdn Bhd (Miel) will be investing about Ms 26 million (SSI4.9S million) to develop an 8.8 ha industrial site in Medan, Sumatra. Miel general manager Mohd Zamri Tan Sri Yahya told reporters yesterday after signing a
      Bernama  -  235 words
    • 335 3  -  From Al Labita in MANILA PHILIPPINE President Fidel Ramos came under continued fire from pressure groups despite his about-turn on an oilprice hike. A lawmaker yesterday called for a snap election for the presidency, fuelling speculations that the Philippines is headed
      335 words
  • Page 3 Advertisements
    • 100 3 p *8 BE A BOSS OF A FOOD COURT ENTERTAINMENT CENTRE For 5531,000 (5515,000 is refundable) you an operate a 20,000 sq.ft. food court entertainment centre for the next 20 years in Chongqing city, Sichuan province, starting April 1994. What's more you need not be stationed in China personally. Details
      100 words
    • 278 3 We're open throughout Chinese New Year g A February 10-11 2.00PM 2.30PM Southern Lion Dance February 20 5.00PM 5.30PM Dragon Dance Thurs Fri 5.00PM 5.30PM Northern Lion Dance Sun 7.45PM 8.30PM Chinese Magic Show fcjSNf/ February 12 5.00PM 5.30PM Frog Show Animation February 24 7.30PM -10.00PM Variety Show. Sat 7.45PM
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  • REST OF ASIA
    • CHINA WATCH
      • 88 4 Bloomberg Business News HONGKONG Rupert Murdoch's media conglomerate. News Corp, said yesterday it has appointed Gene Swinstead as deputy general manager of Asian satellite television broadcaster Star TV. The appointment is one of a myriad of management changes at the Hongkong-based Star TV since Gary
        Bloomberg Business News  -  88 words
      • 29 4 Reuter BEIJING China's paramilitary policcmen shielding themselves behind a colleague on a three-wheel cart to escape strong winds which lashed the capital yesterday. Reuter
        Reuter  -  29 words
      • 97 4 AFP BEIJING China is constructing Asia's largest colour television screen on the banks of Shanghai's Huangpu River, watchable from a distance of up to 7 km, Xinhua reported yesterday. The 23 m by 13 m screen, being built at a cost of US$l.6 million
        AFP  -  97 words
      • 71 4 Bloomberg Business News, AFP BEIJING A tax on capital gains by stock market investors will not be levied until special regulations are released, the State Tax Administration announced. The Economic Information Daily reported yesterday that income from the transfer of stocks falls into the category
        Bloomberg Business News,; AFP  -  71 words
      • 69 4 AFP HONGKONG The level of trust in Governor Chris Patten's government has taken a tumble as a war of words with China over democratic reforms in Hongkong heats up, according to a poll released yesterday. Some 51.6 per cent of respondents to the University of
        AFP  -  69 words
      • 94 4 Bloomberg Business News HONGKONG Hongkong law-makers have called for the government to look into why Hongkong's Television Broadcasts Ltd, which runs two Hongkong TV stations, hasn't shown a controversial film on former Chinese leader Mao Zedong, the South China Morning Post reports. Law-makers said
        Bloomberg Business News  -  94 words
    • 305 4 UPI TOKYO Prime Minister Morihiro Hosokawa was a major beneficiary of donations from a courier company whose gifts-for-favours practices developed into one of Japan's biggest political scandals since World War 11. The Bungei Shunju magazine said yesterday that Kiyoshi Sagawa, owner of
      UPI  -  305 words
    • 176 4 AFP TOKYO Japan, in a bid to stimulate the economy, decided yesterday to carry out deregulation to another 682 areas, including easing regulations on housing construction and automobile inspection. The measures followed the government's first deregulation programme in a total of
      AFP  -  176 words
    • 509 4 Remote desert block may become Saudi Arabia of Asia Reuter BEIJING China yesterday signed a contract with five foreign oil companies to explore a vast block in the far western desert that it hopes will become the Saudi Arabia of
      Reuter  -  509 words
    • 37 4 Reuter WELLINGTON Sleeping Beauty H is not. Nonetheless Prince Charles was sporting enough to try some mouth-to-mouth resuscitation on a dummy at the Wellington Regional Ambulance Headquarters, which he opened yesterday. Reuter
      Reuter  -  37 words
    • 254 4 Reuter TOKYO Japan unveiled its biggest economic stimulus package yesterday but it hardly cleared away Prime Minister Morihiro Hosokawa's woes at home or in Washington. Instead, working out the long-awaited package dented his popularity, underlined the fragile nature of his coalition, and resulted in
      Reuter  -  254 words
    • 377 4 Reuter SYDNEY Australian labour force data due to be released tomorrow should show more jobs were created last month although the growth rate is expected to be slower than the furious pace set in the previous four months, analysts say.
      Reuter  -  377 words
    • 444 4 Bloomberg Business News WASHINGTON China is likely to become a major competitor to the US in the newly opening rice markets in Japan and South Korea, said a US agriculture attache. Writing from ATO Guangzhou, China,
      Bloomberg Business News  -  444 words
    • 139 4 AFP SEOUL South Korean Foreign Minister Han Sung Joo will make a rush visit to Washington for talks with US officials, a spokesman said yesterday, as hopes dwindle of persuading North Korea to allow nuclear inspections. Meanwhile. President Kim Young Sam
      AFP  -  139 words
    • 323 4  -  By Quak Hiang Whai BEIJING The Singapore banking community in China is now complete, with Keppel Bank having joined the Big Four and Tat Lee by getting a licence to open a representative office. Senior Keppel officials were in Beijing last week
      323 words
    • 448 4 AFP TAIPEI President Lee Teng-hui will leave today on what is being ealled a "vacation diplomacy" trip to two Asian countries with the aim of boosting Taiwan's presence and building closer unofficial relations within the region despite political rivalry with Beijing. During the
      AFP  -  448 words

  • THE WORLD
    • 330 5 AFP NUREMBERG, Germany Unemployment in Germany topped a record four million in January, hitting 8.8 per cent of the workforce in western Germany and 17 per cent in the east, the Federal Labour Office reported yesterday. The figure of 4.029 million of the active
      AFP  -  330 words
    • 203 5 Reuter BRUSSELS European Union foreign ministers on Monday signalled a wish for closer ties with Ukraine but voiced concern that Kiev had not yet moved to join the NonProliferation Treaty (NPT) as a non-nuclear state. In a statement, the ministers backed the
      Reuter  -  203 words
    • Article, Illustration
      57 5 AFP IMISHLY, Azerbaijan A frightened old woman hanging on to a loaf of bread as fellow refugees around her pushed and shoved to show their passports to receive their rations here over the weekend. Thousands of refugees have gathered in this town near the Iranian border, fleeing from
      AFP  -  57 words
    • 297 5 NYT NEW YORK The New York Post will invest millions of dollars in new press equipment to produce a full-colour newspaper, the paper's newly named publisher said yesterday. The new publisher, Martin Singerman, said The Post's owner, Rupert
      NYT  -  297 words
    • 202 5 Reuter LONDON A group bidding for Britain's Independent newspaper has asked regulators if it could raise its offer after Irish media tycoon Tony O'Reilly grabbed a quarter of the shares last week. Sources close to the bidding group Mirror Group Newspapers pic and
      Reuter  -  202 words
    • 530 5  -  From Neville Stack in LONDON THE DEATH in bizarre circumstances of one of the British Conservative Party's rising stars has stunned MPs of all parties. And it has landed Prime Minister John Major in one of his worst predicaments. Stephen Milligan had
      530 words
    • 276 5 Bloomberg Business News PARIS The Bank of France is unlikely to cut its key money market intervention rate independently of any cut in official German interest rates, although higher French bond and money market interest rates still give the French
      Bloomberg Business News  -  276 words
    • 344 5 Reuter, AFP LONDON Pessimism about the future of Russia's economic reform programme is too late and is overdone, the Economist Intelligence Unit (EIU) says in its latest review of country risk ratings. The EIU says last year's election results and the recent departure
      Reuter, AFP  -  344 words
    • WORLD WATCH
      • 89 5 Bloomberg Business News PARIS French business bankruptcies in 1993 totalled 63,187, or 3.3 per cent of all businesses in Fiance, an increase of 9.3 per cent from 57,7% in 1992, French national statistics bureau Insce said. In December, bankruptcies fell a seasonally adjusted 3.6 per
        Bloomberg Business News  -  89 words
      • 77 5 Bloomberg Business News LONDON Russia recorded a foreign trade surplus of US$l6 billion (5525.6 billion) in 1993, the Financial Times reported. The surplus came from increases in energy and raw mater&t exports and a sharp drop in imports because of a cut in system of
        Bloomberg Business News  -  77 words
      • 95 5 Bloomberg Business News PARIS The forecast of 2.5 per cent gross domestic product growth for the British economy this year, made by the government at the time of last November's budget, now looks cautious and Britain is headed for several years of strong growth, Chancellor of
        Bloomberg Business News  -  95 words
      • 70 5 Reuter BRASILIA Brazil's Economy Minister Fernando Henrique Cardoso appealed on Monday to the country's Congress to match confidence shown by foreign investors and give a green light to creation of a special social welfare fund. Making a last-ditch plea on the eve of a critical
        Reuter  -  70 words
  • Page 5 Advertisements
    • 193 5 The place to be seen at this Chinese New Year. I "X 1 '_v t x. vy A f V The reason. ,'i > IN\ k > 1 x sj -y A /v "V\ r ZL --J Fa Cai Yu Sheng. Definitely the only way to celebrate Chinese New Year.
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  • Page 6 Advertisements
    • 692 6 Nothing Beats ABucLlftffifl OF irainiirairairalralial f TMfofwmmalPl Savour over 20 varieties of mouth watering^ authentic Chinese (are in Cafe Carousel's Taste ll■ I I of China Buffet. Featuring favountes from all U| over China including Hie Guangzhou. Swatow. P*"""® Sze Chuan. Slianglvti. Hunan and Fukien 11. I I provinces. it's
      692 words
    • 231 6 WHERE TO WINE, DINE AND ENTERTAIN NEW YEAR GREETINGS FROM PLAZA HOTEL February 1-8 February 9-13 Chinese New Year Chinese New Year Buffet Lunch Dinner Buffet Lunch Adult: $16.50** Dinner with YuSheng Child $10.50** Adult: $20* Child $14** P. Hotel Br* H Ku.nl »nrr 07W Irt pHHgpgps Business Associates v«3R£
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    • 362 6 THE NEPTUNE. T H»//V7S THZ Enjoy an unforgettable evening of spectacular world-class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Free parking in the evening. Showtime*: B.oopm to 8.30pm 9.30pm to 10.00pm IB B wj|hw« 7lfti lon Omn l»<» Howe Cairo Q—r
      362 words

  • LIFESTYLE
    • 1030 7  - Little Buddha the last epic? Fionnuala Halligan discovers that Bernardo Bertolucci is tired of making mega films Fionnuala Halligan ITALIAN film-maker Bernardo Bertolucci does not make movies on a small scale. You could call him a travelling Cecil B De Mille. filling the screen with thousands of extras in The
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  • Page 7 Advertisements
    • 336 7 A toast to Sunday. Now when you brunch at Capers you'll find more than sumptuous Asian and Continental favourites for only %32** per adult and $16 for children under 14. The $55 Champagne Brunch includes a bottle of the bubbly for two. Cheers! the V y Singapore 1 I A
      336 words
    • 17 7 'WEB WjSp mnwinmiiitti wHO N-STOP BISTRO THEQVE ENTERTAINMENT o\mim M> FM> irai M>,i< MM#M IANCINe EVERY NIGHT
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    • 20 7 I You'll get a clean job done when you call in the experts found at classlfication C.A.T.B. 737-11 M I
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  • Page 7 Miscellaneous
    • 1273 7 TV A RADIO Play Misty For 10pm, SBC 12 Clint Eastwood directorial de- V fl^K. but was a 1971 version of Fatal Attraction. He plays a t jlf late-night deejay who spends a fe ik 1 night with fan Jessica Walters before returning to his true H| love Donna Mills.
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  • SPORTS
    • 118 8 AP QUERETARO, Mexico Jim Colbert, Tom Shaw and Tom Wargo shot two-under-par 70s on Monday to share a five-stroke lead over Jack Nicklaus after the first round of the Senior Grand Slam. "I just got off to a horrible start," said Nicklaus, who trailed Wargo by
      AP  -  118 words
    • 107 8 AFP PHILADELPHIA, Pennsylvania Pete Sampras, the first player in three decades to win three straight Grand Slam tennis titles, doubts he can add the French Open crown to the list. "It's on day and it doesn't suit my game," Sampras said Monday. "I'm a serve
      AFP  -  107 words
    • 90 8 AFP DALLAS, Texas Dallas quarterback Troy Aikman will not need surgery for a separated shoulder but will have to see a doctor for blurred vision. Aikman, who directed Dallas to a Super Bowl victory last month, is suffering from injuries to his knees, elbow, back
      AFP  -  90 words
    • 118 8 Reuter RICHMOND, Virginia American cyclists Greg LeMond, a three-time Tour de France winner, and reigning road race world titlist Lance Armstrong will compete in the Tour DuPont, event organisers said on Monday. The 12-day, 1,720 km race will begin on May 4 in Wilmington, Delaware, and
      Reuter  -  118 words
    • 71 8 Reuter LONDON WBO heavyweight champion Michael Bentt and Herbie Hide were each fined £10,000 (5523,500) on Monday for their unscheduled brawl at a London hotel last month. The fracas came after a news conference for the British fighters' World Boxing Organisation (WBO) title fight on
      Reuter  -  71 words
    • 85 8 AFP ATLANTA, Georgia Andre Agassi, sidelined since the US Open with tendinitis in his right wrist, plans to return to competition in two weeks. Agassi said on Monday he plans to defend his title at a U*****,000 (*****,850) event starting on Feb 21 in Scottsdale, Arizona.
      AFP  -  85 words
    • 501 8 AP CHICAGO Retired NBA star Michael Jordan, saying he isn't worried about failure, agreed on Monday to a minor league contract with the Chicago White Sox and will go into spring training. Jordan fielded questions on Monday after fielding pop-ups and grounders in
      AP; Reuter  -  501 words
    • 655 8 coir NYT PEBBLE BEACH, California So, here was Bill Murray, swinging a bat on the 18th green at Pebble Beach, taking a pitch from Chicago Cubs' first baseman Mark Grace and driving a golf ball back, back, back into Carmel Bay.
      NYT  -  655 words
    • 66 8 Reuter SEOUL, South Korea Polar bears have made it to the South Korean Winter Olympics squad for selling soft drinks. The local sales team of Coca Cola, a sponsor of the Lille hammer Games, on Monday took delivery of the bears who will sit on
      Reuter  -  66 words
    • SCORE CARD
      • Article, Illustration
        22 8 Reuter NEW YORK NBA Monday: Atlanta 141 Detroit 97; Indiana 104 Gotten State 99; Philadelphia I2S Charlotte 117; Miami NY 85.
        Reuter  -  22 words
      • Article, Illustration
        307 8 AFP AFP Reuter AFP CHICAGO, Illinois WTA torn nament Ist rd Monday: Sandra Caen: (US) b Helen Kelesi (Can) 6-3 6-4; Marianne Werdd (US) b So- phie Amiach (Fra) 6-4 3-2 ret.; Amy Frazier (US) b Anne Miller (US) 6-4 6-2; Audra Keller (US) b Alix Creek (US) 6-1
        AFP; Reuter  -  307 words
      • Article, Illustration
        268 8 AFP Reuter LONDON Australian Greg Norman ousted England's Nick Faldo from the world No 1 spot here on Monday. Norman, last at the top of the computer rankings three years ago, ended Faldo s reign which had lasted 81 weeks. Norman earned his top place by winning at Phuket
        AFP; Reuter  -  268 words
      • Article, Illustration
        26 8 Reuter NEW YORK NHL Monday: NY Rangers I Washington 4; Pittsburgh I Montreal 4; Toronto I Tampa Bay 2; Calgary 4 Edmonton 3. Reuter
        Reuter  -  26 words
    • 327 8 Reuter AHMEDABAD, India Indian all-rounder Kapil Dev snatched the world record off New Zealand's Richard Hadlee by taking his 432 nd Test wicket yesterday against Sri Lanka to become cricket's highest wicket-taker. The 6,000-strong crowd erupted in wild cheering and applause as the
      Reuter  -  327 words
  • Page 8 Advertisements
    • 340 8 TOLL-FREE TEL. No. 1-W»741-HM PAX:74MMt o ECICS HOLDINGS LTD (Formerly known as Export Credit Insurance Corporation of Singapore Ltd) (incorporated with limited liability in Singapore) U. 5.550,000,000 Floating Rate Notes due 1997 In accordance with the provisions of the Notes, notice is hereby given that for die six-month period from
      340 words

  • REGIONAL ANALYSIS
    • 1406 9  -  Special to BT Asia's search for new opportunities MICHAEL HAMLIN MICHAEL HAMLIN The writer is a professor and the editor-in-chief of The Asian Manager magazine, a publication of the Manila-based Asian Institute of Management ASIA'S corporate giants are on a new threshold, having advanced
      1,406 words
    • 817 9  -  Special to BT IDREES BAKHTIAR IDREES BAKHTIAR The writer is chief correspondent of the Karachi-based monthly. Herald WITH the election of the Benazir Bhutto government in October last year, Pakistan has renewed efforts to attract foreign direct investment, and the international community for its part
      817 words
    • 1287 9  -  Special to BT ANGUS HINDLEY ANGUS HINDLEY The writer is senior staff writer and UAE correspondent for the London-based Middle East Economic Digest, a weekly magazine covering that region THREE years of buoyant economic activity and regional stability has thrust the
      1,287 words

  • 500 10 EDITORIAL THE US$l.5 trillion draft budget that US President Bill Clinton unveiled on Monday will go some way towards convincing the world that the United States is on track in putting its financial house in order, but any final judgment must await the mega battles on health
    500 words
  • WHAT THE OTHERS SAY
    • 185 10 DESPITE a string of complaints about problems suffered by CPF members in settling their share purchases on time because CPF agent banks making payments were unable to cope with the volume, the CPF Board is retaining the system. No doubt the CPF has its reasons,
      185 words
    • 160 10 WHOSE MORTARS landed in Sarajevo and killed 68 innocent lives! and wounded at least 200 Bosnians? It would be futile to cany out an investigation. After all, it is a well-known fact that the Serbs are behind the siege of Sarajevo and the rest of Bosnia. The
      160 words
    • 162 10 THERE is no doubt that the Lunar New Year tradition must be passed on from generation to generation. In doing so, however, we should avoid preaching or reproaching the younger generation who are educated in English. Young people tend to dislike festivals which are loaded with
      162 words
    • 166 10 HISTORICALLY, southern China and Beijing have viewed each other with mutual suspicion, a feeling which often has ballooned into antagonism and contempt. Yet in the past few days the Chinese leadership has taken pains to woo the people and officials of the south. This may be,
      166 words
    • 127 10 THAI BUSINESSMEN are justly renowned for their creativity and entrepreneurial expertise. But while this has helped foster our economic boom, the unrestrained nature of their enterprise has also contributed to the dire environmental straits we now are in. The environmental problems of waste water and air
      127 words
  • 859 10  -  Tye Kim Khiat says Jakarta needs to manoeuvre the ship of state with great care over the next few months in this showcase year for Indonesia Tye Kim Khiat THE Indonesian government has been walking a tightrope since the middle of last
    859 words
  • Page 10 Advertisements
    • 104 10 goes on a househunt How much are private properties going for? Should you buy now, or later? House Hunt gives you the actual transacted prices of all private property sold in Singapore each month. Spotlight: Wearne Brothers. Vikay i From that, you'll tySllliSS have a clear view D 1 of
      104 words
  • Page 10 Miscellaneous
    • 73 10 kno> voo-tfe. ph-vjr\/s Tueße's f\uvo*v/s someone" i" 0(V -po Tnm *eoUT Tvle. V UiORSe OFF TWPvN *>JKS£L£. J «<GOORS OF ft U-NDOW V > LOO* ci_eANeß's o*f\pp£D 1/ i Tfil jgtYfeu idai Bucxers I Sfl ~b) grf S3 P*4D UHu)iGi-DY DDeRS? DOONESBURY GARRY TRUDEAU I 'liK": NOTIATBLY. HOfigy "4 I
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  • ANALYSIS
    • 1271 11  -  The world hailed the Gatt accord last December. A recent report examined by Anthony Rowley, however, contends that Asia needs to take defensive measures fast. In the accompanying piece. Yogi Aggarwal sees what India stands to gain from the Uruguay Round
      1,271 words
    • 871 11 ALMOST the entire political opposition was roused by the belief that New Delhi "had sold the country out" by signing the General Agreement on Tariffs and Trade (Gatt) treaty. Yet the reality could be very different. Former Commerce Secretary, AV Ganesan,
      871 words
    • 450 11  -  The writer is BT's Tokyo Correspondent STUDIES that concentrate on the Uruguay Round alone argue that middle-income developing countries of the kind that characterise much of East Asia benefit most from trade liberalisation. Poorer Asian countries which relied on special
      450 words
  • Page 11 Advertisements
    • 188 11 TIE HEADQUARTERS OF COLES MYER LID. I v S 8 raran 4i MjAk4i I MTjjTj Jg B|jfc I MP MHRSSpSHIf^vVBHVHHiI r JB. c 4* ft V** ■'•IfFiML j_ -.L^^lsPH J "^^Wt^lki-jh. i.• jfc.' jMfcgaiMfcv^!i--tjisilis&ira LEASED UNTIL 2016 A BLUE CHIP SECURITY A RENTAL $11.36 MILLION (APPRO!) THE COLES MYER HEADQUARTERS.
      188 words

  • 504 12 Knight-Ridder, Bloomberg Business News, AFP TOKYO Toyota Motor Corp said its first-half operating profit sank to a record low amid a prolonged economic $lump in Japan and falling exports. Japan's largest car-maker and the world's third biggest said its operating
    Knight-Ridder,; Bloomberg Business News,; AFP  -  504 words
  • 328 12 Bloomberg Business News TOKYO Leading Japanese electronics maker NEC Corp Appointed executive vice-presi-dent Hisashi Kaneko as the company's new president, NEC said yesterday. ■i He replaces Tadahiro Sekimoto, who becomes chairman, the company said. Mr Kaneko, 60, was president of NEC America
    Bloomberg Business News  -  328 words
  • 293 12 Reuter LONDON Foreign Secretary Douglas Hurd yesterday rebuked Beijing's London ambassador for telling British businessmen that they faced discrimination on contracts because of China's anger over democratic reforms in Hongkong In a speech to a parliamentary committee, Mr Hurd also said
    Reuter  -  293 words
  • 788 12  -  The Bottom Line PAUL SAMUELSON PAUL SAMUELSON The writer is an economist at the Massachusetts Institute of Technology. This commentary first appeared in the Los Angeles Times AT THIS TIME America is surprising itself and the world by outgrowing all
    788 words
  • 37 12 AFP SEOUL A bottleneck is formed at the toll gate of South Korea's main expressway yesterday as millions of Seoul residents leave the capital to spend the Lunar New Year with relatives. AFP
    AFP  -  37 words
  • 207 12 AP NEW DELHI Australian media mogul Rupert Murdoch began meeting Indian business and government leaders yesterday to boost his fast-growing satellite television network. Mr Murdoch arrived here on Monday with executives of his News Corp Ltd conglomerate. He is to meet
    AP  -  207 words
  • 227 12 AFP, Reuter, Bloomberg Business News WASHINGTON The productivity of American workers posted the largest gain in a year during the fourth quarter as corporations streamlined operations by eliminating jobs. The 4.2 per cent rise in non-farm productivity in the fourth quarter after
    AFP,; Reuter,; Bloomberg Business News  -  227 words
  • Page 12 Advertisements
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      174 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        39 13 Finn 'Market Mood' indicates the likely trading sentiment today, based on brokers i*>lled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled Daiwa. Eraser. Kay Hian. OngCo. Phillip. Smith Sew Court. I'at Iwe. and WI Carr.
        39 words
      • Article, Illustration
        144 13  -  By Paul Leo Since the start of the year. Times Publishing has been trading in a triangle pattern formed by joining the progressively lower peaks and rising troughs. A break on either side of the triangle is likely to result in a 50* move in the direction of
        144 words
    • 364 13  -  By Ven Sreenivasan SINGAPORE Unicentral Corporation has disposed of its remaining 19 per cent interest in Sun Corporation at $7.50 a share. The Siong Huat Group company was the main shareholder of Sun Corp until last October, when it sold its
      364 words
    • 633 13  -  LETTER TO THE EDITOR Peter Chia SES Public Affairs Manager THE article "New trading rules, unrealistic prices major causes of market's slide" in the Hock Lock Siew column (Business Times Weekend Edition, Feb 5-6, 1994) attributed the recent downturn in the market to
      633 words
    • 375 13 Bloomberg Business News KUALA LUMPUR Connections count for a lot in Malaysia and Indonesia, and signs of closer ties between businessmen in the two countries are creating excitement among investors on the Kuala Lumpur Stock Exchange. This month, shares in Malaysian holding companies Construction
      Bloomberg Business News  -  375 words
    • 747 13  -  HOCK LOCK SIEW By Agnes Chen SINGAPORE These days, timber Stocks are coming out of the woodwork faster than you can say "reafforestation". Where two years ago, there was only Aokam Perdana, now the Malaysian stock market boasts a long list: MGR Corp,
      747 words
    • 203 13 SINGAPORE A decision is likely to be made this month on the location of a $65 million Tele Tech Park for telecommunications and information technology companies. The park will be developed on a 1.8 ha land within Science Park II or the International
      203 words
    • 169 13 SINGAPORE Sesdaq-listed Fuji Offset Plates Manufacturing has incorporated a Chinabased associate. Fuji Investment Holding (China). The new firm, which will handle Fuji Offset's interests in China, has an authorised share capital of S3 million, comprising 3 million shares of $1 each. Forty-one per cent of
      169 words
    • COMPANIES
      • COMPANY BRIEFS
        • 62 14 Bloomberg Business News HONGKONG Guoco Properties will develop a commercial and apartment complex in Shanghai through a joint venture at a cost of US$25 million (5539.7 million). The registered capital of the joint venture is US$lO million of which Guoco Properties holds 90 per
          Bloomberg Business News  -  62 words
        • 64 14 SINGAPORE Metal Containers announced yesterday that Riviera Development Pte Ltd, a subsidiary in which it has a 53 per cent stake, had exercised its rights to purchase 305,930 shares of $1.00 each in Fine Components Pte Ltd. The purchase, at $45,889.50, was at a discounted NTA
          64 words
        • 67 14 SINGAPORE San Teh Ltd yesterday sent out circulars to its shareholder outlining details of its proposed group profit-sharing scheme. There are at present three different profit-sharing schemes within the San Teh Group. The directors of the company have proposed to replace these with a single
          67 words
        • 38 14 SINGAPORE Defoe Pte Ltd, a wholly-owned subsidiary of Hong Fok Coip, has acquired a subsidiary called Rasco Pte Ltd. Rasco is a Singapore-based investment holding company with authorised share capital of $100,000.
          38 words
        • 30 14 SINGAPORE The SES said yesterday that Singapore Press Holdings shares would be traded scripless from March 9. The starting date of the conversion was yesterday.
          30 words
        • 27 14 SINGAPORE The SES has given in-principle approval to Nat Steel's application to list and quote 21.4 million new ordinary shares of $0.50 each.
          27 words
      • 714 14 Mm**% prfc*. UMB Invest Mft Ltd it i* Unifund 1.53 1.59 Singapore urn* inn unibond+ 1.02 1.0s The Commerce 1.10 1.19 United Gr Fund! 1.66 1.73 The Savmp Fund 1.67 1.75 Unrtcd Aua FuBd 1.93 2.0J. S pore Pro* Fund 0.76 0.80 S-pore See Fund 1.12 I II PnMU ypore
        714 words
      • 305 14 Bernama KUALA LUMPUR Innovest Bhd has cut its group pretax loss by 38 per cent to M 58.95 million (555.14 million) for the six months ended June 30, 1993. It said in a statement yesterday that the group's turnover fell 83 per cent
        Bernama  -  305 words
      • 368 14 Bernama KUALA LUMPUR Olympia Industries Bhd has entered into a sale and purchase agreement with Duta Credit Sdn Bhd to acquire a SI per cent equity interest in KL Landmark Sdn Bhd, for M 523.87 million (5513.7 million) cash. D&C Sakura Merchant Bankers
        Bernama  -  368 words
      • 389 14  -  ■y William Chia SINGAPORE Indonesia will send a 100-strong team overseas later this month to drum up business for its fledgling capital market. The team led by the capital markets authority Bapepam chairman Bacelius Ruru and Jakarta Stock Exchange
        389 words
      • 292 14 Bernama KUALA LUMPUR Construction company Signilink (M) Sdn Bhd will team up with an Indonesian firm to develop a five-star hotel costing US$66B million (Ssl billion) on Bali Island in Indonesia. Chairman Wan Shah reman Hussin said yesterday that the joint-venture agreement
        Bernama  -  292 words
      • 261 14 Bernama KUALA LUMPUR First Allied Corporation Bhd (FACB) is set to diversify into the travel and leisure industry with the acquisition of a 70 per cent stake in a travel and airticketing agency, First Travel Tours (M) Sdn Bhd (FTT). Under a conditional sale
        Bernama  -  261 words
      • 256 14 Bernama KUALA LUMPUR United Malayan Banking Corporation Bhd (UMBC) plans to strengthen the activities of its group and subsidiaries. Chairman Mohd Noor Yusof said yesterday that as a step in this direction, its subsidiary, UMBC Securities Sdn Bhd, had moved to bigger premises
        Bernama  -  256 words
      • 182 14 Bernama DAVAO CITY Sarawak tycoon Ting Pek Khiing, the master builder of hotels in Langkawi, is now making waves in the Philippines. Ekran Berhad, which he controls, is developing Samal Island in Mindanao into another Langkawi, Malaysia's premier tourist resort. Mr Ting said yesterday that
        Bernama  -  182 words
      • 254 14 Bernama KUALA LUMPUR Time Engineering Berhad is planning to buy a major stake in City Resources (Phil) Corporation in a bid to use it as a platform to venture into business in the Philippines. In a statement here yesterday, Commerce International Merchant Bankers said
        Bernama  -  254 words
      • 469 14 MARKET Bloomberg Business News SINGAPORE As the architect of Keppel Corp's hard-fist-ed expansion in the Philippines, Loh Wing Siew has bloodied the competition. And they're crying foul, charging that Keppel's put a hammerlock on the country's ship repair business. During the past
        Bloomberg Business News  -  469 words
      • 418 15 NZ$ 134 m third quarter gains point to recovery and healthy corporate outlook, say analysts Reuter WELLINGTON New Zealand's company reporting season started in earnest yesterday with a healthy third quarter result from the country's largest stock, Telecom Corp, and analysts say more robust
        Reuter  -  418 words
      • 144 15 LONDON Mohamed and Ali A 1 Fayed's Harrods Investments pic said yesterday it planned to sell the entire issued share capital of House of Fraser, one of Britain's biggest chains of department stores, on the London Stock Exchange this Spring. The House
        144 words
      • COMPANY BRIEFS
        • 101 15 Bloomberg Business News BANGKOK Trading in the shares of toymaker Thai Chiu Fu International Co, sister company of Kader Industrial (Thailand), where a factory fire killed 188 people last May, were suspended yesterday afternoon after the company failed to inform the Stock Exchange of
          Bloomberg Business News  -  101 words
        • 56 15 Reuter TOKYO Toyota Motor Corp chairman Shoichiro Toyoda (right), who was nominated as the next chairman of the Japan Federation of Economic Organisations (Keidanren), smiling with the current chairman Gaishi Hiraiwa at the Keidanren Hall on Monday. Mr Toyoda, 68, will replace Mr Hiraiwa at the
          Reuter  -  56 words
        • 94 15 Bloomberg Business News JAKARTA PT International Nickel Indonesia (Inco) posted a 70 per cent decline in net profit to US$lO.9 million (S$ 17.3 million) in the year ended Dec 31, the Jakarta Post reported. Higher sales in the fourth quarter were offset by a
          Bloomberg Business News  -  94 words
        • 74 15 Bloomberg Business News SYDNEY Japanese liquor group Suntory Ltd may buy Queensland tropical resort Sanctuary Cove from receivers for a fraction of its 1988 sale price of As34l million (*****.3 million), the Sydney Morning Herald yesterday. The resort complex, which includes a small brewery, was
          Bloomberg Business News  -  74 words
        • 69 15 Bloomberg Business News TOKYO Sanwa Tatemono, an unlisted real estate developer with 124.3 billion yen (S$ 1.81 billion), sought court protection from creditors, a company spokesman said. Sanwa Tatemono is the largest bankruptcy so far in 1994, surpassing the 110 billion yen in debts chalked up
          Bloomberg Business News  -  69 words
      • 241 15 Bloomberg Business News CALABASAS, California Lockheed Corp's net income rose 13 per cent in the fourth quarter, aided by its acquisition of General Dynamics Corp's jet fighter operations in Fort Worth, Texas. Lockheed on Monday said net income for the
        Bloomberg Business News  -  241 words
    • FINANCE & COMMODITIES
      • 468 16 Reuter NEW YORK Despite the interest rate tightening fears gripping Wall Street, most US banks are likely to wait until the Federal Reserve moves again before they increase their prime lending rates, analysts said. "I would guess the prime
        Reuter  -  468 words
      • 318 16 FT LONDON For the past nine months, European investors wanting to profit from South-east Asia's equities boom, while protecting themselves from the worst of the qangers of a market crash, ijave been enthusiastic buyers (jf'tttnvertible Eurobonds issued by large Thai companies and quoted
        FT  -  318 words
      • 47 16 Reuter LONDON Financial future and options dealers trading at Liffe (London International Financial Futures and Options Exchange) yesterday. Panic selling knocked nearly £22 billion (5551.7 billion) off share values, and the FTSE Index lost more than 90 points to plunge below 3,400. Reuter
        Reuter  -  47 words
      • 242 16 Reuter SYDNEY Commonwealth Bank of Australia managing director David Murray said he expected improved banking conditions for the remainder of the fiscal year, including declining bad debts and a rise in overall demand for finance. "The bank anticipates improving conditions in the remaining months
        Reuter  -  242 words
      • 378 16 Bloomberg Business News HOUSTON Oil prices that have fallen to five-year lows may increase USSI to US$l.5O a barrel in the second half of 1994, an executive of an international energy consulting firm said yesterday. The price rise forecast by Joseph Stanislaw,
        Bloomberg Business News  -  378 words
      • SMALL CHANGE
        • 62 16 Bloomberg Business News SAN FRANCISCO Bank America Corp has raised its quarterly dividend on common stock by five US cents to a record 40 cents a share. The dividend, payable March 14 to shareholders recorded on Feb 22, marks the first increase since the bank raised it
          Bloomberg Business News  -  62 words
        • 80 16 Bloomberg Business News TAIPEI Taiwan's Securities and Exchange Commission has approved the sale of convertible bonds worth 145 million Swiss francs (*****.6 million) by a total of three companies. Eagle Holding Corp, a food processor, received permission to raise 55 million Swiss francs; ADI Corp, a
          Bloomberg Business News  -  80 words
        • 59 16 Reuter HONGKONG Portugal-based Iberinvest Socicdadc de Investimentos has been given government permission to set up a finance company in Macau, the Portuguese agency LUSA reported. The licence was granted to its unit Ibcr Finance Co Ltd because it provided the Portuguese enclave with a finance company
          Reuter  -  59 words
        • 43 16 Reuter TOKYO Local governments will issue about 1.7 trillion yen (Ssl7 billion) in deficit-financing bonds for the first time since 1975 to fund the budget loss from Japan's economic stimulus packagc. a Home Affairs Ministry official said. Reuter
          Reuter  -  43 words
      • 284 16 Bloomberg Business News LONDON All that glitters is not gold, not even in the precious metals markets. Silver is the shining star of the metals markets this year. Silver reached a four-year high on Friday. Rising US interest rates did little to dampen
        Bloomberg Business News  -  284 words
      • 194 16 Bloomberg Business News HONGKONG Nat West Capital Markets, the investment banking arm of Britain's National Westminster Bank, is building up its bond sales teams in Hongkong and Singapore. Since December, Nat West has added four people to its debt capital markets group, three
        Bloomberg Business News  -  194 words
      • 153 16 THE US$ opened little changed yesterday after lacklustre trading in quiet offshore markets. USS/SS opened at 1.*****0 which proved to be the high of the day. The dollar was heavy all day and came under steady selling pressure, touching a low of 1.5850. It recovered
        153 words
      • 201 16 Reuter LONDON The dollar forged a new 2-1/2 year high oil the mark in late European trade yesterday but it was forced to share centre stage with the pound after Britain cut rates. Sterling captured all the early attention after the Bank of England signalled a 0.25 point easing
        Reuter  -  201 words
      • Article, Illustration
        1628 16 Trade-weighted index calculated against Spore s top 14 trading partners Base year 1985 US$/S$ forward rates Noon Feb 8 SS Bid Oder I-month ***** I 5884 :-month 1.5874 1.5889 J-month 1.5879 1.5*94 6-month 1.5898 1.5911 Source OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10mm aa Fab 7: Singapore
        1,628 words
      • 88 16 AFP NEW YORK The dollar opened higher yesterday after the Bank of England cut its minimum lending rate by a quarter point. Gold also gained ground. At 1430 GMT, the dollar was trading at 1.7620 German marks against 1.758S late on Monday, and at 108.60 yen (108.54). The
        AFP  -  88 words
      • 193 16 Bloomtmg ENERGY REPORT LONDON Oil futures prices in London and New York were unchanged to higher as cold weather in the US prevented another drop in heating oil prices. After plunging 3.6 cents a gallon in the last three sessions, on
        193 words
    • COMMODITIES & FUTURES
      • 1379 17 SMEX REPORT Reuter SINGAPORE Simex Euroyen interest rate futures ended firmer yesterday despite the announcement of issues of deficit-financing bonds which will add to supply, dealers said. "It was a sell-on-rumour, buy-on-fact reaction," said one senior dealer with a US commission house. "The market initially
        Reuter  -  1,379 words
      • 615 17 COMMOOiTY REPORTS Tin MALAYSIAN tin continued its downtrend to close five sen lower at MS 14.50 a kg yesterday on a weaker London market, traders said. Turnover was 103 tonnes against Monday's 109. Initial bids were 78 tonnes against offers of 106. Local price
        615 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 148 17 TOKYO London Metal Exchange copper stocks held in Singapore continue to decline despite a near moratorium on copper-buying by China since midJanuary, traders say. Singapore is the only LMEsanctioned warehouse in the Asia region for copper, and its stock levels are regarded as a gauge of
          148 words
        • 78 17 SYDNEY The Australian Barley Board expects China to import close to 1 million tonnes of barley in 1993-94 (July-June), with demand likely to increase in the next few years. ABB general manager Michael Iwaniw described the Chinese market .as critical and likely to become
          78 words
        • 83 17 TOKYO The Japanese government began selling California rice to wholesalers yesterday at prices some 16 per cent lower than the price ot domestic rice, the Kyodo news agency reported. Sales of rkjJt from Thailand and China are slated to begin (si• Feb IS, with
          83 words
        • 80 17 SCOI ISDALE, Arizona The outlook for US feed grains between now and the year 2002 is "modestly bright," according to a leading agricultural economist. After a 30-per cent decline in 1993 feed grain production due to bad weather, including a 3-billion-bushel drop in US
          80 words
    • 1618 17 Rubber Singapore Ciwiilty Exchange (futures dosing as at lpM) RSS I Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Mar 94 OOO OOO 137.75 275 3.025 Apr 140 00 140.00 140 00 375 5.000 May 141.75 141.75 141.75 300 6.725 iun 142.75 142.25 142.75
      1,618 words
    • REGIONAL STOCK MARKETS
      • 1386 18 +24.3 The recovery on Wall Street and a stronger Nikkei helped lift the Australian stock market back over the 2.3(H) points level at the close yesterday. But brokers said the market remained cautious. "We'd like to see it consolidate around these levels, so that people feel more confident," said
        1,386 words
      • 663 18 -1-49.33 Philippine share prices shot nearly 2 per cent higher following an improvement in the Dow Jones and after President Fidel Ramos averted a general strike by suspending an oil price hike, analysts said. The composite price index at the Manila Stock Exchange gained 49.33 points, or 1.7 per
        663 words
      • 414 18 +8.12 A technical rebound in some blue chips after recent steep plunges and renewed interest in financials pushed stocks to a higher close, brokers said. The composite index closed 8.12 points higher at 923.00. rebounding from a day low of 899.98. The market will remain closed until Saturday's half-day
        414 words
      • 288 18 +8.19 The NZSE-40 capital index closed 8.19 points firmer at 2,373.69, but considerably off the 2.399.02 high reached in daily trade. The market was buoyed in early trade in anticipation of the third quarter result for Telecom. Telecom rose as high as NZ$4.BB as brokers awaited the result,
        288 words
      • 56 18 17.59 During the official trading session. stock prices ended slightly higher after early sharp gains were eroded by profit-taking by the Unit Trust of India as well as other Indian financial institutions. brokers said. The Bombay Stock Exchange 30-share index closed 17.59 points up at 4,162.08. The 100-share national
        56 words
    • WORLD STOCK MARKETS
      • 786 18 Britannia Funds Sterling Ca?h Bid Offer Mim C ap Deposit W 6400 38.6$00 Mim icrso Ciiii 0 18*3 0.119: Mim Max Incomc I 0700 I 1100 ISS C«*h Income Plus Fund *10 3300 *10 8*00 PS Kocnt Fund 5:**) 5 2500 Sterling Kquil> Euro Performance 0 4592 0 4918 Far
        786 words
      • 636 18 +21.1 Equities finished mostly firmer but were well off the highest levels seen shortly after yesterday's surprise 1/4 point UK interest rate cut. Reports a UK broker was selling the March FTSE futures contract in the final hour saw a promising rally cut short, dealers and analysts said. By
        636 words
      • 153 18 12.79 French shares finished firmer. bouncing back some of the way from Monday's dive, helped by stability on Wall Street and yesterday morning's British interest rate cut. Dealers said the market was supported in the afternoon by short-covering. But it was still hesitant in the wake of Monday's worldwide
        153 words
      • 178 18 +27.81 German share prices trimmed gains by close of floor trade, but still ended firmer. Bourse recovery was due to short-covering after Monday's sell-off. firmer Wall Street levels and the UK interest rate cut. dealer said. The 30-share DAX ended up 27.81 points on day at 2.107.21. but back
        178 words
      • 191 18 +8.49 The Bel-20 index of leading Belgian shares ended at an all-time closing high as the market benefited from an influx of fresh liquidity following Wall Street's overnight rebound after Friday's sell-ofT. Traders said they expected the market to remain well-supported, but added further gains were seen limited in
        191 words
      • 814 18 -0.57 The Dow Jones industrial average, which rebounded 34.90 points on Monday, was off 0.57 point to 3,905.75 at 11 am EST yesterday. The blue-chip indi- cator was ahead 7.03 points shortly after the market opened. A big loss in Dow component Sears Roebuck helped knock the key
        814 words
      • 282 18 +21.08 Stocks climbed early yesterday with gains in most sectors led by a strong recovery in precious metals after Monday's plunge. The TSE 300 composite index jumped 21.08 points to 4.469.79 on volume of 6.58 million shares valued at C 566.63 million. Advances beat declines 201 to 104. with
        282 words
      • 115 18 +294 Shares soared as players swept to cover short-posi-tions opened up in Monday's sell-oft. The blue-chip Mibtel index ended 2.9 per cent, or 294 points, higher at 10,624, after tumbling 158 points on Monday. Shares throughout Europe rose, but by less than in Milan. Milan FH> 8 lire +T
        115 words
      • 276 18 +8.11 Shares closed firmer but off peaks after a day spent drawing inspiration from overseas markets, amid optimism the market will push even higher. A surge of relief that Wall Street had recovered its poise after Friday's tumble sent the Dutch market soaring during the morning, with the AEX
        276 words
      • 259 18 +7.6 Swiss shares lost most of their earlier gains to finish only slightly above Monday's closing levels. Dealers said profit-tak-ing set in after Wall Street started mixed. Nestle lost all of its gains to close two Swiss francs lower at 1,357. Chemicals were practically the only sector which carried
        259 words
      • 312 18 -8 Shares ended generally lower after running out of support in afternoon trade, dealers said, citing fears of weak world equities, a lower gold price and a continued lack of political progress. The industrial index finished eight points lower at 5,731, the gold index was 58 points weaker at
        312 words
    • Article, Illustration
      3133 19 Reuter HONGKONG The Hang Seng Index bounced back to close firmer yesterday after late bargain hunting centred on blue-chips erased earlier losses, brokers said. "We have seen good buying support for banks at the lower levels and (for) property stocks," said James Vinall at SBCI Finance Asia. The index
      Reuter; Source: Bridge Info  -  3,133 words
    • Article, Illustration
      2521 19 Reuter TOKYO Stocks ended sharply higher yesterday but profit-tak-ing by domestic financial institutions kicked in after the Nikkei hit the year's intra-day trading high in the morning and pulled it off its highs, brokers said. Stocks surged in the morning on talk, later confirmed, that the ruling coalition had
      Reuter; Source: Bridge Info  -  2,521 words
    • Article, Illustration
      1911 19 Reuter BANGKOK The SET index rose near the end of trade to close 20.92 points higher at 1,365.73 yesterday, with the last push of about seven points coming less than two minutes before close, said brokers. Turnover was a thin 8.3 billion baht against 10.9 billion on Monday, making
      Reuter; Source: Bridge Info  -  1,911 words
    • Article, Illustration
      1140 19 Reuter JAKARTA Share prices closed lower in moderate trading yesterday with most counters under selling pressure, dealers said. The Composite Index closed 6.15 points lower at 587.97. "Jakarta has not been directly affected by the rise in US interest rates but it has made investors a little sceptical, even
      Reuter; Source: Bridge Info  -  1,140 words
    • 2805 20 MOST ACTIVE volume IJris Hvd 50c 6.548.000 M Resources 5.298.000 kamunting 50c 4.688.UUO Mulpha Intl SOc 4.403,000 Renong Bhd MX 4.242.UOO Promcl 3.813.000 \SH JOt 3.750.000 Faber Group 3.572.000 Sn Hartamas 3.4<J6.000 AMDS MX 2.887.000 Innuxca Bhd 2.764.000 I icn Hoc TSR97 2.27<).000 Johan Hldg-> 50c 2.202.0IX) MOST
      2,805 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5872 20 Bernama KUALA LUMPUR Share prices closed higher yesterday, recouping part of Monday's losses as sentiment improved on a rebound in New York overnight. However, selected stocks finished off" their earlier highs as some investors sold on the rally ahead of the long market
        Bernama; Source: Bridge Info  -  5,872 words
    • STOCK EXCHANGE OF SINGAPORE
      • 7102 21 MAIN BOARD Transaction date: Feb 8 |j Gr Gr 1993/94 Lot Val Day Last QMt Di» Di> YM N« M Can High Law Coaipaiy Sak CMO) Ht*h Law Bayr* Seller Or P/E Sail umi HHI AND COMMERCIAL 1440 260 I Acma 1130 50 244 1220 1140 1140 1190 12.5 2.1
        7,102 words
      • 1889 22  -  By Quak Hiang Whai SINGAPORE Share prices rebounded almost across the board after US stocks recouped Friday's sharp losses on Monday, allaying fears of a major crash. Investors and analysts said the most gains were made by stocks which had fallen heavily
        Charts by Bridge Info; Source: Bloomberg  -  1,889 words
  • Page 13 Advertisements
    • 384 13 NEWS VALUE How today's news might affect your stocks Asian stocks rebound (pg 1) With the recovery in US stocks, sentiment is mixed-to-strong for SES' half-day trading today. KLSE is closed ahead of the Lunar New Year. But nervousness in some quarters about holding positions over the holiday period when
      384 words

  • Page 14 Advertisements
    • 166 14 ASHTEAD TECHNOLOGY (SJJL) PTE LTD ForaxJy Sutnpslt Onirics IkL ARE HERE WHh bases in he Unfed Kingdom and fa Midde East, Ashfeod Technology is a World leader in EQUIPMENT RENTAL Our wide range of *HGH TECH" products oover Ooeonograpnc, Hydrogropkc, Environmental, ROV, N.D.T. onahspedion Equipment, al readily available lor hire
      166 words

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    • 127 15 BUSINESS TIMES TOLL-FREE TEL. No. 1-600-741-1683 FAX: 741-1296 r m 1 Professionals, Lecturers, Lawyers, Accountants, Engineers, Top Decision-Makers, Managers, Executives, Corporations, Management Firms, Consultants, Insurance Property Consultants, Brokers or Anyone who has wide contacts with Businessmen Investors locally abroad should apply u a MARKETING CONSULTANT You Need Not Quit Your
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    • 348 17 NESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:7*I -1999 I Classified cash is easy to make. Just a phone callaway your ad will they take. You II get results if you make the call, so hurry up and get on the ball. Call 737-1166 Make new business contacts through classification 203
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      38 words

  • Page 19 Advertisements
    • 134 19 hand-made by bally SCRIBE IS Bally's collection highly comfortable, hand-made welted shoes. They perfectly reflect Bally's total commitment to traditional craftsmanship. Each pair of Scribe shoes comes fitted with beech wood shoe trees, cotton bags, a twelve month guarantee and a voucher for a complete overhaul within three years of
      134 words

  • Page 20 Advertisements
    • 56 20 RATHER THAN A STOCK EXCHANGE, LOOK AT AN INVESTMENT EXCHANGE. At Citibank, you can now switch to Unit Trusts and still got the opportunity to make high returns with only moderate risk. So for a fresh alternative, call our 24-Hour CitiPhone Banking toll-free on 1N00) 225-5225. CITIBANK CALL CITIPHONE BANKING
      56 words
    • 0 20 }&|+.]%{[`>_`}*:]|^>^,`?~%^?>!~
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  • Page 21 Advertisements
    • 92 21 SCRIBE HAND-MADE BY BALLY Bally's exclusive Collection of highly comfortable, hand-made welted shoe*. They perfectly reflect Bally's total commitment traditional craftsmanship. Each pair Scribe shoes comes fitted with beech wood shoe trees, cotton bags, a twelve month guarantee and a voucher for a complete overhaul within three years of purchase.
      92 words

  • Page 22 Advertisements
    • 357 22 NOTICE IS HEREBY GIVEN that, I Shanmugam Vijayakumar of Blk 8 #05-04 Selegie Rd Singapore 0718, have applied far a Ist Class Public House Licence in respect of premises at M/S Casa De Goa at No 26A, 26C Lorong Mambang Singapore 1027, and that this application will be heard in
      357 words
    • 382 22 B^S^^N^S^^T^MES TOLL-FREE TEL. No. 1-000-741-1883 FAX:74I-1298 NOTICE IS HEREBY GIVEN that, I Wilfred Teo Chu Khiong of Blk 708, Hougang Ave 2 #06-57 Singapore 1953, have applied for a 2nd Class Public House Licence in respect of premises at M/S Swensen's at 930 Yishun Ave 2, #01-11 Northpoint Shopping Centre,
      382 words
    • 338 22 NOTICE IS HEREBY GIVEN that, I Mdm Yeoh Lan Hong of UOA Killiney Road, TW Building Singapore 0923, have applied for a Public House Second Class Licence in respect of premises at M/S Bugis Da Ge Chinese Kitchen at 245 Victoria Street, Singapore 0718, and that this application will be
      338 words
    • 185 22 CHI! AH A LEE FTC LTD (ImLUiyutfd in Smgupon) (Makm'VWNtai; Wladteg Up) NOTICE OF FINAL GENERAL MEETING Notict is Icnby fives pvruui lo Sectioa 30S of iki Coapaaiet Ad (Cap. 30) that the Fiaal Gcaeral Meeiiag of tha Mcskm of lbs aboveaamed Conpaay win te beM at 3001 Beach Road
      185 words
    • 706 22 IN THE MATTER OF THE COMPANIES ACT. CAP. SO IN THE MATTER OF S. TAIYO TRADING CO. PTE LTD (in Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS (Pursuant to Section 290(2)(b)) At an Extraordinary General Meeting of the Compeny held at 9 Penang Road *12-00, Park mall. Singapore
      706 words

  • Shipping Times
    • 280 23  -  By Juliette Walker SINGAPORE Nedlloyd Lines signed an appropriated berth (AB) agreement with the Port of Singapore Authority yesterday, bringing the port's total number of AB operators to 12. The AB Scheme offers carriers priority berthing and volume discounts in exchange for guaranteed
      280 words
    • 337 23  -  By Ramesh Divyanathan SINGAPORE Dubai Ports Authority (DPA) has recorded a 12 per cent growth in total tonnage for 1993, to 24.15 million metric tonnes. The authority, which regulates Dubai's twin ports of Jebel Ali and Port Rashid, registered major
      337 words
    • 1112 23 Page Col ABC Containerlinc 12 5 Accord Group 8 1-3 Africa Container 16 4 Ahrenkiel Liner 4 1/2 AOEShpg 15 4/5 ANL 3 1/2 APL 5 3-5 Appenship 8 4/5 Arabian Express 15 5 ASCL 5 5 ASXCLShpg 15 2 Avant Shpg 6
      1,112 words
    • 191 23 Knight-Ridder BUENOS AIRES Cargill Argentina SA has begun loading grain for export from its new US$24 million (5538.4 million) dockside elevator at Bahia Blanca port, 640 km south of the capital, the company announced on Monday. Bahia Blanca is Argentina's most important
      Knight-Ridder  -  191 words
    • 312 23 Seatrade Week Newsfront COLCHESTER Marine casualties improved in 1993 for the second year running but claims are expected to exceed the 1992 total of US$59O million (Ss93B million), the Institute of London Underwriters said. Hull premiums would continue to
      Seatrade Week Newsfront  -  312 words
    • 298 23 Seatrade Week Newsfront COLCHESTER, England Three major decisions were taken by the transport ministers of France, Germany, UK, the Netherlands and Belgium at their Jan 26 meeting in Paris. The gathering had been convened by French Transport Minister Bernard Bosson, who
      Seatrade Week Newsfront  -  298 words
    • 362 23 International Transport Journal BASLE, Switzerland Many people in Europe quite possibly have the impression that modern container shipping runs like clockwork ships sail on schedule exactly to the half hour and all the tales about bad weather, delays and such belong to the distant
      International Transport Journal  -  362 words
    • 215 23 Seatrade Week Newsfront COLCHESTER, England Dragged down in the dramatic 1991 collapse of BCCI, the three Gokal brothers whose huge Gulf Group was its main debtor are now being sued for damages by liquidators for the bank. Writs naming Abbas, Murtaza and Mustafa Gokal,
      Seatrade Week Newsfront  -  215 words
    • SHIPS IN PORT
      • 359 24 <wnt Voy Ho Berth kmal Ptparttie «ws<l Voy No BfMi Vmd Bgrtn Jurong Port Batam sp«d4 ****** poia 0902/1900 0902/2100 Comity 3 14 alongside 0902/2000 Bergen Fafco 101 POM 0902/S0700 10 02/1500 Kition 2 6 6 alongside 0902/2300 ttana SC264C 09FEB* P01A 0902/1100 09.02/1400 Omadhoo Fortune 1/94
        359 words
      • 1630 24 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookint/Balance Rdts Ship Voy No Etb/Btr Period From To From Aci Lotus 04S8 11/1600 1 08/1500 08 1659 08/1900 3 09/0700 09/1159 09/1400 4 09/1200 09/1459 09/1700 Ac» S»an 104A 09/1500
        1,630 words
    • 10931 32 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      10,931 words
    • 1414 39 I"HE Baltic Freight Index for spot dry largo shipping rates fell to 1,185 on Monday from 1,187 on Feb 4. I The major US grain trades have •een slow and upcoming holidays in Bie cast continue to dampen activity, brokers said. There was little reported on the ley
      1,414 words
    • 455 39 COURSES Title: Standard Trading Conditions (SDF 70%) Duration: Feb 22 Apr 5 Organiser: Singapore Freight Forwarders Association Tel: For more information contact SFFA Secretariat at 253-7550 or fax: 253-2303. Title: Effective Written Communication in Shipping Management (SDF 50%) Duration: Feb 22 Apr 26 Organiser: Singapore National Shipping Association
      455 words
    • 1002 40  -  Michael Grey takes a tour of the US oil company's crisis centre near Washington Michael Grey Lloyd's List THE ROOM at Mobil's elegant headquarters set in pleasant woodland at Fairfax, to the •west of Washington, is at first sight unremarkable; to all in- tents and purposes
      Lloyd's List  -  1,002 words
    • AIR AND LAND TRANSPORT NEWS
      • 425 42 FT DUBLIN European Union officials are investigating claims of unfair pricing by Aer Lingus, the Irish state-run airline, after a dawn raid on the company last Friday in which documents were seized and staff interviewed. Officials from the competition directorate in
        FT  -  425 words
      • 242 42 Bloomberg Business News CARACAS Venezuela postponed the sale of state airline Aeropostal by two weeks and will likely set new terms for the sale, the agency for sales of state industries reported. "There are technicians revising the proposals to adapt them to the
        Bloomberg Business News  -  242 words
      • 51 42 AFP BEIJING A testimony of air safety in China: This damaged Air China advertisement was seen at a bus-stop in Beijing on Monday. Last year 1993 was marked by many aviation disasters, proving that air safety in China is not yet up to international standards.
        AFP  -  51 words
      • 298 42 Reuter ATHENS European Transport Commissioner Abel Matutes said he would propose a plan to help ailing European airlines, while EU transport ministers remained divided over the extent of state intervention in the industry. Mr Matutes told reporters his plan would include
        Reuter  -  298 words
      • 454 42 Bloomberg Business News ATLANTA United Parcel Service of America Inc reached a settlement with striking Teamsters workers, and said it expected normal deliveries to resume yesterday. The settlement ended the one-day strike held in defiance of a federal court order, and halted the
        Bloomberg Business News  -  454 words
      • 1718 42 ag no eta nw etd AbM Pbabi 0K510 1800 0K511 2305 Adalaid* SQ227 2030 tan RJ182 1440 RJ183 2205 SQ319 0810 SQ324 2230 KL831 1030 KL832 2335 GA895 1450 Auckland NZ21 1710 NZ22 1825 SQ288 2035 SQ285 2045 Bahrain GF149 0645 Sad bp*N ***** 1105 SQ182
        1,718 words
      • LOG BOOK
        • 126 42 AFP OTTAWA The government asked the Canadian parliament on Monday to pass a law aimed at ending the Vancouver dockwofkers strike that has halted exports of grains and other goods Jan 28. The lawmakers could give authority for a back-to-wiwJe order or possibly seek
          AFP  -  126 words
        • 91 42 Bloomberg Business News FORT WORTH AMR Corp's American Airlines on Monday said its January traffic fell 3.3 per cent due to fewer flights. The number of miles flown by paying passengers, called revenue passenger miles, fell to 7.4 billion from 7.65 billion. Available seat
          Bloomberg Business News  -  91 words
        • 119 42 Reuter AMSTERDAM The split hull of the tanker Cosmos A, which exploded in the South China Sea two weeks ago while carrying 23,000 tonnes of crude oil, was sunk by the owners on Sunday, a Dutch salvage company said on Monday. The ship
          Reuter  -  119 words
        • 36 42 IT WAS reported in yesterday's Shipping Times that the Lyudptila Stal was repaired in Sembawang Shipyard. Sinsov has siftce clarified that the repairs to the vessel were done in Singapore Shipbuilding and Engineering.
          36 words
      • 152 42 Reuter LOS ANGELES Sony Corp said on Monday it is introducing a mobile navigation system in the US, allowing drivers to obtain travel information by looking at a special monitor hooked up to satellites. The system uses software developed by News Corp
        Reuter  -  152 words
      • 461 42 Bloomberg Business News MONTREAL Canadian Pacific Ltd said on Monday its fourth-quarter loss narrowed because of improved results in its key transportation businesses, especially its rail operations. The loss narrowed to C 5117.5 million (S$ 139.3 million), or 37 cents a
        Bloomberg Business News  -  461 words
  • Page 23 Advertisements
    • 50 23 Drager t SAFETY EQUIPMENT (SOLAS APPROVED) PA9O MARINE i Specifically Designed Kor Maritime Applications lIIGII QUALITY HIGH PERFORMANCE HIGHLY AFFORDABLE '■■LWi Draeger South East Asia Pte Ltd 67 Aycr Rajth Crescent #06-03 Singapore 0513 Tel: 773 2133 Fa*: 773 2033 Tlx: RS ***** DWSING In Mobil's doomsday room, Pg 18
      50 words
    • 37 23 EU probes claims of unfair pricing by Aer Lingus, Back Pg Lines and Mrvicts r*pr*M*t«d by, Mtmtors of tIM Registry «f Accredit*! (stf{S%*] ghlTiStrfflw Sin Sapo r* NatioMi Sh4|h For advertising enquiries, contact Shipping Tunes: Tel 740-2089/740-2090
      37 words
    • 60 23 VISA FREIGHT SERVICES PTE LTD I THE TOTAL TRANSPORTATION PEOPLE U 1800 *****66 I VISA FREIGHT SERVICES PTE LTD Established Since 1984 P^Pl S We Sail the m World for You. m THE TOTAL J tea* TRANSPORTATION PEOPLE M MBT VISA FREIGHT SERVICES PTE. LTD. a 51 No.lo Anson Road,
      60 words

  • Page 24 Advertisements
    • 434 24 TSKIJNE AGENCCS (S) PTE. LTD. ¥UTTI Tel: 226-3363 PHH M JLLWIi Fax: 226-1972/3 JetfTTW Tlx: RS *****/TSKSJN TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I I EflOßtt t6 HONCKOWG. ttWIA. TAWrt t IiHW-nto WKKLr I I=== '1 'ir'Vii. i-'Vili u'lliV" ''--'11 wnraww tot L~ s—*U————ss—!•» I*o »g rTO To< Mg
      434 words
    • 1580 24 dw»ct to w* ywr coa«t itcx-«row caijowa otwmi I I to «*rr mmmim wi cokto—n ■wen JOB m rrai u an in ma lan ItMia* ct m ma msm wr wI mm kwti mat' nat' mm—■• it ntr n< unir n lmT CAUFO4MA I UNA V 63 1 SIO2I 262
      1,580 words

  • Page 25 Advertisements
    • 1688 25 f ?E°L C 3L B^I7F!;!! 0 22 I?9 R 4 D 2 ,NE SH,PWNG AOENC,EB PETALJNG B JAV7'TEL OS* 776***^*03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) T 1 CFS TEL *****b H. WBOOKINGS TEL: *****80 *****81/ *****82 'PgH TEL: *****3/41 FAX. *****6 CFS (PSA F5) TEL: *****21/'*****79 TEL. *****2/31 FAX *****4
      1,688 words
    • 29 25 ■UIiWHiHHWa 4| W*JI )?w /> *1 {j£ i# i ,»> J0 K 4k> #r m bJm MAERSK Sea BZ Land f irtJ ft Wishing You A Happy Prosperous New Year J
      29 words

  • Page 26 Advertisements
    • 1175 26 frTl Clfnl ElfrTl CIPTI GIFTI U\fn\Ulfnl E\\n\ClfiTl CIPTI GIFT! ElFnl CI We Wish all our Valued Clients, Business Associates Friends A VERY HAPPY PROSPEROUS A LUNAR NEW yja&k YEAR ioi§L GONG XI FA CAI fti Qirni Eiirni cirtl cnrni mrm tnrni mrni cirni cinn tnnTi mrni gi aaM RISULAW DWECT
      1,175 words
    • 547 26 FCL Breakbulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sote Foreign Forwarder in Kabul for aN services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland FULL CONTAINER SERVICE TO NORTH/WEST AFRICA FEEDER VESSEL ETA SIN CGM KORRIGAN V.2523 10/2 CGM
      547 words
    • 472 26 NORASIA I >; WE WISH ALL OUR VALUED CUSTOMERS, BUSINESS mcfsg ASSOCIATES FRIENDS, A HAPPY PROSPEROUS j S PORE SENERAL AGENT: NORASIA A6ENCIES (S) PTE LTD ALSO ACCEPTM6 La TO: TEL: *****83 FAX: *****90 VEMCC/TRttTE/MCOM/AIEXMMU/MK? CM Na 13SI1UOOOQO SAO/PRAEUS/VALETTA/BARCELONA A VALENCIA THAILAND AGENT :PB AGENCIES CO LTD TEL: 2S2ISM/M Mw/rwun/imi
      472 words

  • Page 27 Advertisements
    • 1696 27 H STRAITS SHIPPING PTE LTD 10 Hoo Chiang Road #11-01 Koppol Towers Singapore 0208 Tel: *****88 Fax: *****17 mi'lfJltlßMiftl'ltMßal'M'llJMl'l'HllJHM NEW GUINEA PACIFIC LINE ttflGgß (A SERVICE OF CHINA NAVIGATION CO) C Mu" 0« SAILS STRAITS VENTURE VO4E Muara. Lab. KK 10 Fato 11 ftb FCL, LCL CONTAMCH ANO BMAKMJLK it
      1,696 words
    • 1626 27 m SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd I ftVl W illlll /i B 1 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0206 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z We wish all our t business associates, customers friends Gong Xi
      1,626 words

  • Page 28 Advertisements
    • 574 28 i|K EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE WE WISH ALL OUR CUSTOMERS A HAPPY AND PROSPEROUS LUNAR NEW YEAR > TO SEMI CONTAINER M OCEANLINES Wl/WT STOW JBN mi 5/3 13/3 YANGON GEN. AGENT: MYANMAR MARINE CO LTD TEL: (95) ***** FAX: (95)-1-*****
      574 words
    • 1561 28 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FOB VSI SM lUK HAUL SEA T¥R POI FOR VSI SM |UNE HAH SA» AM WC HANRN ROTTERDAM 025E 11/2 DMECT 3/3 5/3 C/ 3 HAIUN ROTTERDAM 025E 11/2 M EUROPE 012E 17/3 11/3 29/3 HAMM
      1,561 words
    • 1475 28 -I'M-TTTTp H|^^H|Qji|i'Ml^s^^A2^Uu^^£MU3Uu||lj£llclStt3liiUaM3^^^^^H 4 ImscritttMucns m os Kt sk no lu ch ui htclm m n nr ik rs m ser I t OM» K«M 1/2 11/2 14/2 l«/ 2 11/2 21/2 22/2 2«/2 8/2 27/2 20/2 11/) 21/1 25/3 2C/1 V« 4/4 7/4 1/4 */4 19/4 21/4 1/5 4/5 GMNT
      1,475 words

  • Page 29 Advertisements
    • 429 29 [J/if\ f I ALL OF YOU m A HAPPY I (§lPb AND I I M PROSPEROUS M I I LUNAR NEW YEAR I f mi pvumSSumouAL I |P[/L INTERNATIONAL LINE SL.:- |m I^' Y II U&o*Sj |f I I H jfijj FL SHIPPING PTE LTD I T«l: *****77 (20 LlnM)
      429 words
    • 1158 29 I a I MULTILINE SHIPPING PTE LTD WM (a mombor of SttSOV Group) CR NO: **********0 C ENQUIRIES: *****33 y±=±v BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: WWARO *****97 OUTWARD *****10 T/S *****10 Jfcv ,4k BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE MSURANCE: *****87 INVENTORY:
      1,158 words

  • Page 30 Advertisements
    • 1254 30 ff AS AGENTS: Ll* (SINGAM«) PTC LTD (CT No: **********0*) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 MALAYSIA: LINE MAMDMI (MALAYSIA) SDN IHD I U J TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SAAANA LAUTINTWNUSA, TEL: JKT *****08 ~~\f MM** ~-"n ram *ssi
      1,254 words
    • 1047 30 ©APPENSHIP /g\ HAMBURG \J\J CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOAHNG PORTS DISCHARGE 10AWNG FOR V ASILIY MATUZENKO 09 10.94 UNISON ANTWERP 5.2.94 3.3.94 INZHENER PARKHONYUK TARRAGONA 21.2.94 18.3.94 KOALA CONTAINER LINE STORE FIX HAM ROT LEH DKK CS AUSTRALIA/08 0* 02
      1,047 words

  • Page 31 Advertisements
    • 1074 31 PACIFIC INTERNATIONAL LINES (PTE) LTDN iff SsSsSSSS 140 Cecil Street #03-00 PIL Building. Singapore 0106. I CR NO: **********06 mrrrcnm *L VESSEL VOY SIN BKK SIN VESSEL VOV SIN JKT SIN l SMO MARINE uu 19/9 tin n/ < M AJAPAHfT 4161 13/2 16/2 20/2 KOTA ftuPlA fJL. 2!'* BUNOA
      1,074 words
    • 1410 31 VESSELS VOT SM HAMBUPG KOTTEKPAM ANTWERP THAIKS U HAKVE lOK 10 mwgss 0532W~ 10/02 04/03 00/03 03/03 00/03 08/03 HAWS* CMBBP 7332W 10/02 13/03 15/03 10/03 17/03 U/03 MILE 01 CAWWA 7032W 27/02 l«/ 03 20/03 21/03 22/03 23/03 MLLE Of AQUM 7532W 01/04 03/04 04/04 05/04 00/04 •USO ACCEPTMG
      1,410 words
    • 392 31 I BSfl n. wanisgNHßpißnmg^^V mm MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KI| Pen P.Gdf LASHK) VI64W 7/1 Feb HP A AN VI99W 16/U Fab PAGAN V2O6W 17/19 Feb MALATSU AGENTS: BOUSTtAD SMPPWG AGENCCS ML 18. 03 *****00 PH.: TEL 03 34*6767 PEN: TEL
      392 words


  • Page 33 Advertisements
    • 88 33 MARITIME INSPECTION CORPORATION Naval Architects/Marine Engineers/Marine Surveyors, established in 1967, more than 20 years experience in international ships' registries. Specialise in: Ship registration under open registry countries Offshore business company formation Statutory survey and issuing of mandatory Load Line, SOLAS, MARPOL Certificates on behalf of the Governments of several open
      88 words

  • Page 34 Advertisements
    • 959 34 >:"('{{')?:@}.!"{]}>&/(,{\)}_~? m SHINYEI SHIPPING (S) PTE LTD I 10 Anson Road #15-01/02 International Plaza Singapore 0207 13 CR NO: **********0N HOT LINE: *****38 (8 LINES) JAPAN FAR EAST PORTS I I HONGKONG CHINA 28/2/84 I HOSE/YOKOHAMA 28/2/84 BANGKOK 20/2/84 S TOKYO/NAOOYA 28/2/84 BUSAN 20/2/ M I OSAKA 28/2/84 PORT KELANG
      959 words
    • 113 34 WISHING ALL OUR CLIENTS J A f HAPPY PROSPEROUS j NEW YEAR i TO AUSTRALIA/NEW ZEALAND j Stn Fram IMb S?TTlui*TT"lhsir~|; MMTM* 11 123 14/2 21/5 S/2 1/3 5/3 Til C. KKUI 174 573 IITS u73 l»/3 24/3 2775 i Aim*™** j» a/3 i/i ii/i is/3 *i»/« elien HUM 35
      113 words

  • Page 35 Advertisements
    • 582 35 (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) With Best Wishes For A Happy And Prosperous New Year SUPER EXPRESS SERVICE TO SEA lAL SHIPPING AGENCY (S) PTE LTD 180 CECIL BTREET #11-02/03 BANGKOK BANK BLDO, S'PORE 0106 TEL N08: *****88
      582 words
    • 1097 35 fllCp Regional Container Lines aaagifl rami BAY OF BENGAL SERVICES ftSSU HOT SM MM SM TKU BMH 11 12/12 17 23/12 iMI/M TBI SHED ?UN 13-14/12 1» 22/02 27 21/02 m MT MM 17 11/12 22 25/02 02 03/03 TKH SI MO 07M 23-24/02 01-47/03 12 13/03 TKBI MBDg ag
      1,097 words

  • Page 36 Advertisements
    • 1856 36 IfejtaMN CONTAINER LINES, INC I bKZ/VVlAQsnts: MAC-NILS SPORE: *****22 (24 UNIS) LJ\y V 'c/w Mo. BIBU (064) *****0 KUCHINQ (062) *****3 PENANQ: (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK GENOA/EUROPE I PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN
      1,856 words
    • 187 36 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD ETA ETA eta JPOUE KMT HUANG POMNG K.UE MK 21/2 11/2 loading tor Mm MVU HUOHU 28 2 Onclwtint jntf lo*J">| tor Bombay MXnw 22/2 Loading Fof MaK nOKER sum* 27/2 loadinf Fof Male UMCEDH 14/2 Loading For Male (HOOKS UMTY
      187 words
    • 1063 36 £> THONG SOON UNES PTE LTD 1 I 78 SHENTON #104)1, SINGAPORE 0207 I TEL: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL |VOT |S PORE IIEST VESSEL |VOY IS'POtE IIEST EQUATOR JADE 103/4E 16 FEB KUCHING EQUATOR GRACE
      1,063 words

  • Page 37 Advertisements
    • 568 37 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAK BUK SOC CMGOES TO/FROM KOBE. YOKOHAMA. NAGOTA. KOI. TOKYO*. MANIA*. DAVAO*. Pen ant* p Kelanj Srjipore EKsu* KARABEVERETT Vls€ to Pt/09 Feb KAMALEVERETT VI9E 15/16 Feb 17/1S Feb SHAPIAEVERETT VI9E 28 Feb/01 Mar 02/03 Mar ACCEPT**; MEAKBU.K FCI SOC CARGOES TO/FROM
      568 words
    • 358 37 lit cum* nkmkjm mm REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VI 14/2 16/2 19/2 26/2 GLORY SELATAN IX 17/2 22/2 25/2 SP PKL HCM HK KAO TIMBER TRADER IX 8/2 ♦ALSO LOADING
      358 words
    • 537 37 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE naa sjw mrach MAM AN 145HW 23/02 05/03 »>aWI 104HW 01/03 10/03 HTDMABAD 127-HW lt/03 25/03 BOIAN 133 HW 03 Oi 04 FAR EAST CONTAINER SERVICE ONLY ttSSEL HOI mc KH OS< Mt TOK SARGOOHA mom 07/03 12/03 11/03 22/03
      537 words
    • 648 37 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/CAPETOWN/ LAGOS/P. ELIZABETH VESSEL SIN DURBAN CRT LOS P ELIZABETH MUI HE/102 11/02 25/02 27/02 06/03 16/03 VI HE/96 26/02 09/02 14/03 21/03 27/03 SHUN HE /101 11/03 2S/03 27/03 04/04 14/04 TAO HE/82 26/03 10/04 12/04 09/04 29/04 JIAN HE/82 11/04 2S/04 27/04
      648 words
    • 231 37 S|N FAR EAST 15/02 KEELUNG/KAOHSIUNG 12/02 BANGKOK 13/02 MANILA/CEBU 13/02 JAKARTA/BELAWAN/SURABAYA 14/02 PORT KELANG/PENANG/E. MALAYSIA 13/02 BUSAN 13/02 TOKYO/YOKO/KOBE/NGO/OSA 13/02 HONG KONG SjN CHINA (+B#±Mn) 13/02 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN /SHANGHAI XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 14/02 LDN/FLX/LVP/SOU 14/02 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SjN USA/CANADA
      231 words

  • Page 38 Advertisements
    • 808 38 Handling System Co. Pte. Ltd. 136 138, Neil Road. #03-00, Singapore 0208 \f/ M CFS-20, Qui Road, Singapore 2282 Tel: 02-*****28 Handling System Co. Sdn. Bhd. N0.9 Lorong Cungah, ***** Port klang, Selangor, Malaysia 24th Floor, (JMBC Main Building, ***** Kuala Lumpur, Malaysia Handling System (HK) Co. Ltd. Wing Onn
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    • 386 38 y Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 15 FEBRUARY (Accepting to «N Nm Zealand porta) PENAN6 18 FEB JAKARTA 13 FU PORT KLANG 18 JAN BANGKOK 13 FEB MANILA IS FU MELBOURNE 17 FEB STDNEY 17 FEB FREMANTLE 13 FU BRISRANE 17 FU ADELAIOE 17 FER 'ACCEPTING TO
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    • 509 38 This Week's Sailings Singapore I To: KID To: EID N Singapore Singapore ISO 9002 bv lrqa EVERY EVERY Bangkok SUN Jakarta SUN EVERY EVERY Manila SUN Ho Chi Minh FRI (j f|Jj EVERY EVERY Colombo TUE Limassol THUR H INTERNATIONAL SEA FROGHT FORWAROMG Tel: Fax: AND LOQSTKS SERVICES 0§ II
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    • 70 38 I NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHVNEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN KCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI. SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart Singapore every
      70 words

  • Page 39 Advertisements
    • 1221 39 0 CRYSTAL FREIGHT SERVICES PTE LTD 1 fInHL. mmnbi I M awLW/Mmm» man I I—l 111 ll I 11l BANGKOK 15/2 AUCKLAND 15/2 ANTWERP 14/2 BUSAN 15/2 ADELAIDE 17/2 FELIXSTOWE 12/2 HONG KONG 14/2 BRISBANE 17/2 HAMBURG 14/2 JAKARTA 13/2 11/2 ROTTERDAM 14/2 SURABAYA 15/2 11/2 KEELUNG 15/2 SYDNEY 11/2
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    • 200 39 rffis. CEYLON SHIPPING CORPN National Line of Sri Lanka CONTAINERISED SERVICE TO UK AND NORTH CONTINENTAL PORTS TST"aTnSS? tummutm 7iaw v/v li/iz ii/m ii;« n/m w/m w/ij TonoowKg new w/c n/c m/m n/oj gfll m/m ii/m wwu ci—b iwm 17/ c n/u »/m »/u h/m ii/m mi k ow> ngg
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    • 299 39 CC ONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.24 PORTS VOT MONTEVIDEO BUENOS DURBAN JAKARTA p!i!wO»nWOWB KONQI KAQOBIHA YOKOHAMA* VESSELS ARM'" PAVLOORAO EBOB BAAEP SAILED SAILED SAAED SAAED 18/01 28-80/01 01/92 PETRODVORETS E»08 SAAED SAAED 11/01 T/8 B>srs 28/01 31/01 08-08/02 14-18/02 PEKAMWBT EBO7 80/01 31/01-08/02 22/02 OS-18/03 20/03 24-28/03 *t/m
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  • Page 40 Advertisements
    • 305 40 A VIGOUR PACIFIC LINES VESSEL VOYAGE 1 SINGAPORE MANILA VIGOUR PACIFIC 9407N 11/02/94 19/02/94 VIGOUR PACIFIC 9407 AN I 14/02/94 19/02/94 LOADING EVERY VIGOUR SINGAPORE 9408N 18/02/94 26/02/94 FRDAY AND MONDAY VIGOUR Ct HTJUwi^ VKa VESSEL VOYAGE SINGAPORE PORT KLANG PENANG SINGAPORE VIGOUR PACIFIC 9407N 11/02/94 13/02 94 14/02, 94
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    • 40 40 FULL COUTAIHEB SERVICE VESSEL VOY SIN JKT SERAYA JAYA 134SR 18/02 21/02 SENTOSA JAYA 188S 20/02 23/02 SENANG JAYA 162SN 09/02 12/02 ALL VESSELS BERTH AT "Wl" IN JAKARTA INDONESIA AGENT JAKARTA PT ANGGI OCEANINDO LINE TEL: *****75 FAX: *****86
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    • 262 40 ~)`|[)^!&]~^"^|^%[.[_|%=*^&"<&+ TITIMAS SHIPPING W TRADING SDN. BHD. KELANG (03)*****55 (H/Lmm) Fax 03 ******3 Til: MA 3*413 TISITA VESSELS VQY P KLANG PORT OF DESTINATION TRANSeutK 3/94 15/2/94 KUCHING SIBU SENG lEONG 3/94 21/2/94 KUCHING HLIA HONG SATU 2/94 25/2/94 K KINABALU'MUARA I SUTRA 3/94 1 26/2/94 KUCHIN6/SIBU 0f PINESEAS MARITIME
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    • 233 40 ■i cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 26/02 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL IS/02 20/02 Huangpu/Guangzhou i COSCO FUU. CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
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  • Page 40 Miscellaneous
    • 682 40 TODAY'S TIDES (height in metres) f HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 23$ JR 2.4 2.1 IS 1.4 1.2 1.2 1.3 1.6 2.1 2.6 2.9 3.0 2.7 2.3 1.1 U 0.1 0.5
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  • Page 41 Advertisements
    • 998 41 ▲HYUNDAII MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 VESSELS TOY PHA PKE P6D I VESSELS VOY SIN HTM AWT* LEW* HAM BRtt FEL MM ADVANCE 037 A 07/01 01/02 10/02 H. PIONEER 307* 16/02 04/03 04/03 07/03 OC/03 06/03 01/03 NOR MALACCA 9407 A 14/01 15/02 17/02 H.
      998 words
    • 489 41 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VI SKI m V M IK u MAKE MM »U M PT 11/2 MIKE at VIS PT COSMC TRAMI *43 11/2 21/2 SMBAI V2S SU Mill NJI VM SLO PT k oo saw VJ7 l/l l/l OUTBOUND VESSELS LOADING
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    • 868 41 JEDDAH/UK/CONTNENT IS'PORE ED STON ITBURG RTMM LEN *Mm Acctptnf Cvp fm HANNOVER EXPRESS 11/M5 12/2 21/2 2/1 5/1 7/1 9/1 Sauthamptai^: to il UK Icibnation Matt m 4 OuMn THAMES 21/104 14/2 VI 2/1 19/1 RMtorta. ;to rf Mm* Ami*** 0* ftZL I""* 1 19/2 2S/2 9/1 12/1 14/1 K/l
      868 words