The Business Times, 18 February 1994

Microfilm: NL19044
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE MOW ASIA MITA(P) 010/12/93 Friday February 18 1994 75*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones up 11.54 points
      43 1 Reuter NEW YORK Wail Street stocks yesterda> traded higher into midday despite a decline in the bond market based on resurgent inflation fears. At lpm EST. the Dow Jones industrial average was up 11.54 points at 3948.81. Reuter
      Reuter  -  43 words
    • Article
      Lock icon Bonn will back US on pressuring Japan
      64 1 Reuter OTTAWA German Economy Minister Guntcr Rexrodt last night said it was probably time to put pressure on Japan to open its market and Bonn would back Washington if it did. "Wc go alongside the US if they intend to put pressure on
      Reuter  -  64 words
  • Article
    MARKET SUMMARY
    168 1 Stock market indices I hursdav Change ST1I 2.343 01 +1.63 KLSEComp 1.072.14 -8.99 Nikkei 18.931.39 -120.72 Hang Seng 10.786.58 4-1 >2.44 SET Index 1.445.20 +16.09 Jakarta Comp 564.69 -10.11 CLSA China B ....1.231.86 17.58" AustAllOrd 2.240.9 -8.1 FTSE 100 3.425.3 +7.6 Thursday Previous 1 pm close Dow Jones
    168 words
  • Article
    Asia's corporate giants
    32 1 They're aggressive. They're innovative. And they're taking on the established multinationals in the world market. Starting tomorrow, Business Times will profile these fast growing companies in a fortnightly series
    32 words
  • Article
    Lock icon Bundesbank cuts key discount rate
    210 1 Reuter. Bloomberg Business News FRANKFURT The Bundesbank took financial markets by surprise yesterday by cutting its key discount rate by a percentage point to 5.25 per cent. Most economists had expected the central bank to hold off from another relaxation in monetary policy until there
    Reuter.; Bloomberg Business News  -  210 words
  • Article, Illustration
    Tokyo to announce steps to open markets soon
    743 1  -  From om Anthony Rowley in TOKYO and Leon Hadar in WASHINGTON TOKYO is expected to announce a new package of measures soon, possibly before the end of next week, to further open its markets and to deregulate its economy in the wake
    743 words
  • Article, Illustration
    10 big Yantai city projects offered exclusively to S'pore
    367 1  -  By Teh Hooi Ling SINGAPORE Having lost out to Suzhou as a site for a Singapore-style township, Yantai City in Shandong province now hopes to attract Singapore capital and management expertise by offering the development of 10 t)ig projects exclusively to
    367 words
  • Article
    Banks warned to look out for stolen General Motors shares
    232 1  -  By Conrad Raj SINGAPORE America's Securities Exchange Commission has alerted banks worldwide to stolen scrip worth some USSBO million (SSI26 million) of General Motors Corp, the world's largest car manufacturer. In a letter to Monetary Authority of Singapore (MAS) deputy
    232 words
  • Article
    Merrill Lynch downgrades Asian stock markets
    538 1  -  By Shiv Taneja SINGAPORE Turning very bearish on the region. US brokerage house Merrill Lynch has downgraded Asia to an "underweight" position in its global portfolio recommendations. In its latest Asian Investment Strategy report, titled Time to Reflect and Re-evalu-ate. released yesterday. Merrill says
    538 words
  • Article
    Regional bourses close mixed
    234 1 SINGAPORE Regional stock markets closed mixed yesterday. In Singapore, the Straits Times Industrials Index edged up 1.63 points to close at 2.343.01. But it would have fallen by about five points if not for a boost by Cycle and Carriage. C&C contributed 6.6 points to the
    234 words
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      158 1 J B jjj Avatfaftte mt J OSHKOSH B OOSH BOUTIOUES: m i<Aa.<w> mm 0174 f <01 t9Foraa ThaShavPt T32JH7 KK I23U*IMS4km 103 »Wta C% 13« HK aoi uCMtoOMf f<wr*y»loc» TrtlMißt J q ff^H-M T ?M«M° CONTENTS Spore News 2 SpTSrsa* 13.14,15 Regional News 3> Finance 16,17 Wort) News 5 Foatwos
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      7 1 Advertising: Pg 9 Indian tobacco firms fuming
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      24 1 Hock Lock Siew: fg if I < MUI needs clear corporate shatew US trade deficit jumps 37pc, Page 12 Editorial: Selling Singapore's uniqueness. Page 10
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      Page 1 Advertisements Column 4
      161 1 If Bottom Line: Pk 12 J on the verge of breakthrough Investing in unit trusts a four-page special You've had a taste of the stock market's What you should know about a fund before thrills and spills. Now why not try the profes- parting with your money sionals and see
      161 words
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      Page 1 Advertisements Column 5
      11 1 The Originator of Cultured Pearls Since 1893 Full reports. Pages 18-22
      11 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Prices of S'pore exports down in '93
        369 2  -  -By Schutz Lee PRICES OF Singapore's exports fell throughout the whole of last year. The export price index ended 2.2 per cent lower than in 1992, at 86.4. The price drop was across the board, except for the category of miscellaneous manufactured goods,
        Source: Dept of Statistics  -  369 words
    • Article, Illustration
      New plan to help service-oriented businesses expand in region
      321 2  -  Launching of Business Headquarters programme Reports by Ven Sreenivasan THE Economic Development Board yesterday unveiled a new initiative to help businesses in the service sector expand their capabilities to the region and beyond. Called the Business Headquarters programme (BHQ). the scheme
      321 words
    • Article
      Three local, two foreign firms first to receive special status
      342 2 A PIONEER batch of five companies, three local and two foreign, were yesterday given Business Headquarters (BHQ) status yesterday. They are IT training specialist Informatics, gift packaging professionals Noel, property developer Steamship Investment Development, global petroleum exploration specialist Baker Hughes,
      342 words
    • Article
      Maxtor lays off 243 staff in move to refocus strategy
      269 2  -  By Joseph Rajendran US disk-drive maker Maxtor Corp. which is trying to refocus its strategy after a capital injection from Korea s Hyundai group, has retrenched 243 staft". or 5.5 per cent, of its Singapore workforce. The cut brought its
      269 words
    • Article
      PM Goh meets public sector unionists over medical benefits
      267 2 PRIME MINISTER Goh Chok Tong had a second meeting with public sector unionists two weeks ago about civil servants' medical benefits. Three issues were raised at the Feb 3 meeting at the National Trades Union Congress: The problems faced by lower-income
      267 words
    • Article
      Lew Syn Pau quits union for private sector
      251 2 LABOUR MP and NTUC Fairprice executive director Lew Syn Pau has quit the union movement to join the private sector. Mr Lew, who is also a National Trades Union Congress assistant secretary-general and NTUC central committee member, gave one month's resignation notice
      251 words
    • Article, Illustration
      Chee Soon Juan not fighting defamation suits
      182 2 THE Singapore Democratic Party's acting secretary-general. Chee Soon Juan (above), will not contest two defamation suits brought against him, according to the Singapore Broadcasting Corporation. A letter conveying his decision was sent to the lawyer representing S Vasoo. Earnest Chew and Janice Chen,
      182 words
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      Page 2 Advertisements Column 1
      143 2 |>"$\\.}%$%[\/+}%$</-=$@?>%'!<% gOUTAFAFRICA. YOU SAWJHEMO.VIE. NOW TASTE f THE CUISINE. FEBRUARY 18 26TH. iHtluarl ofbeimg E&- m. Out of Africa, the movie, created Hp-' H unforgettable magic and variety of <•* Now, Guest Chef and owner of the ever popular in Capetown, St* Mr. Peter Veldsmen, will do just the same
      143 words
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      Page 2 Advertisements Column 2
      11 2 PLAY SMART Be part of the good life. Lifestyle. Everyday. BiisinessTimes
      11 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Kitingan confident of victory as Sabahans go to the polls
      569 3  -  From Leslie Lopez in KOTA KINABALU SABAH goes to the polls today with its Chief Minister Joseph Pairin Kitingan confident he will triumph over a powerful challenge mounted by the National Front, led by Malaysian Prime Minister Mahathir Mohamad. "We
      569 words
    • Article
      Thai Exim Bank expected to benefit small exporters
      390 3  -  From Andrew Cooke in BANGKOK THAILAND'S new and small-scale exporters are expected to receive a shot in the arm from the country's ExportImport Bank, which opened yesterday. The state-run Exim Bank has an initial 32 billion baht (Ss2 billion) in available credit.
      390 words
    • Article
      Lock icon Vietnam sets limits on ties with US, China
      225 3 Reuter HANOI Vietnam set limits to its improving relations with the United States and China yesterday, telling Beijing to stop exploring for oil in the disputed Spratly Islands and Washington that it would not accept interference on human rights. However, the Foreign
      Reuter  -  225 words
    • Article
      Lock icon Death toll of Indon earthquake rises to 184
      214 3 AP LIWA. Indonesia The death toll of a powerful earthquake that struck south-western Indonesia rose to 184. with more deaths expected, a relief official said yesterday. Bad roads and poor communications have hampered rescue efforts. Relief coordinator Muhammad Kabul said rains in
      AP  -  214 words
    • Article
      Lock icon Labour no longer cheap in Thailand: minister
      294 3 AFP MANILA Thailand's labour is no longer cheap enough to compete with other Asian nations and it must now rely on increased productivity, Thai Deputy Prime Minister Amnuay Viravan said here yesterday. Speaking at a conference of Asian managers in Manila, Mr Viravan
      AFP  -  294 words
    • Article
      Lock icon Lockheed to reduce stake in M'sian aerospace company
      358 3 AFP KUALA LUMPUR Lockheed of the United States will reduce its shareholding in Malaysia's aerospace firm, Airod Sdn Bhd. to provide greater local participation. Airod executive chairman Nasruddin Bahari said yesterday that Lockheed Aircraft Services International had agreed to reduce its stake
      AFP  -  358 words
    • ASIA NOTES
      • Article
        Lock icon New Indon property accounting rules
        89 3 Reuter JAKARTA The Indonesian Capital Market Supervisory Agency (Bapepam) has unveiled new accounting principles for pretty companies listed on the Jakarta Stock Exchange to control creative book-keeping by developers. One important rule taking immediate effect allows companies to book full revenue on hou»e sales only
        Reuter  -  89 words
      • Article
        Lock icon Malaysia to host Pacific conference
        76 3 AFP KUALA LUMPUR Malaysia is to host a conference of Pacific government heads, including Indonesian President Suharto and Chilean leader Alywin Azocar, next month to promote economic cooperation in the region. Officials yesterday said the 10th International General Meeting of the Pacific Economic Cooperation Council
        AFP  -  76 words
      • Article
        Lock icon What Japanese company chiefs make
        92 3 AFP TOKYO The heads of Japanese private sector companies eapi only 6.3 times the wages of their average employees. A survey published in the Japan Times newspaper yesterday also showed that 30 per cent of the 214 company presidents polled, who earned an average annual
        AFP  -  92 words
      • Article
        Lock icon Indon arrested in loan scandal
        69 3 Reuter JAKARTA An Indonesian businessman linked to a loan scandal involving a US$62O million letter of credit from a stale bank was arrested yesterday. The attorney-general's office said: "The arrest of Eddy Tansil was made today and he was put into a jail in Jakarta
        Reuter  -  69 words
    • Article
      Lock icon Razaleigh denies links to Carrian or George Tan
      322 3 AFP KUALA LUMPUR Former finance minister Tengku Razaleigh Hamzah said yesterday he had no links with Hongkong's Carrian Group, whose collapse triggered Malaysia's biggest banking scandal. Fie was testifying in court here for the first time since he was implicated in the
      AFP  -  322 words
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  • REST OF ASIA
    • CHINA WATCH
      • Article
        Lock icon Taiwan Cement in Indon venture
        64 4 AFP TAIPEI Taiwan Cement Co will invest NTS 100 million (Ss6 million) in a cement project in Indonesia, company officials said yesterday. The cement giant will cooperate with other international conglomerates, including a Singapore syndicate, to invest in the reconstruction of a cement plant in
        AFP  -  64 words
      • Article
        Lock icon Writ against Patten
        105 4 AFP HONGKONG A Hongkong man is suing Governor Chris Patten, calling on him to set aside his political reform bill currently before the legislative council. It is believed to be the first time anyone has tried to sue the governor. Philip Yung Tak-lam claims Mr Patten invited
        AFP  -  105 words
      • Article
        Lock icon Taiwanese to vote for president
        82 4 Reuter TAIPEI Taiwan's ruling Nationalist Party has decided to introduce direct presidential elections by popular vote as part of democratic reforms. A 13-member Nationalist committee, headed by Vice-President Li Yuan-zu, unanimously decided on Wednesday that future presidents and vice-presidents should be elected by popular vote.
        Reuter  -  82 words
      • Article
        Lock icon Tradition defies ban
        118 4 AFP BEIJING The Chinese tradition of exploding fireworks during Lunar New Year to scare off evil spirits has continued unabated, despite widespread legislation to control their use. Some 23 cities have banned the use of fireworks to prevent accidents and cut down on noise pollution, but old
        AFP  -  118 words
      • Article
        Lock icon HK Budget's main payload
        65 4 Bloomberg Business News HONGKONG The Hongkong government's annual budget statement is likely to be dominated by attempts to resolve the Sino-British dispute over Hongkong's US$2O billion (Ss32 billion) new airport project, according to tax experts at accountants Deloitte Touche Tohmatsu International. Financial Secretary Hamish Macleod, Hongkong's
        Bloomberg Business News  -  65 words
    • Article, Illustration
      Lock icon Seoul govt denies Kim Jong II critically hurt
      262 4 Reuter, AFP SEOUL South Korea's main opposition leader said yesterday Kim Jong 11, son and heir of North Korea's Stalinist leader Kim II Sung, had been critically injured, but Seoul government sources disputed his report. Democratic Party (DP) leader Lee Ki Taek
      Reuter,; AFP  -  262 words
    • Article, Illustration
      Lock icon Tokyo firm rebuffs US call to transfer Motorola business to third party
      519 4 Reuter TOKYO A Japanese firm at the centre of a trade row over cellular phones rebuffed a call by Washington to step away from its business with Motorola Inc. Japan's Post and Telecommunications Ministry took a "hands off"
      Reuter  -  519 words
    • Article
      Lock icon Global funds buying into Japanese stocks while domestic players flee
      358 4 Reuter LONDON International funds are buying up Japanese stocks on each new dip of the Nikkei index, to the astonishment of Japanese players who doubt the market will regain its strength. Domestic investors think the outside buyers are "making a
      Reuter  -  358 words
    • Article
      Lock icon Strike by 650,000 cripples India's bank sector
      326 4 AFP BOMBAY Banking services across India were crippled yesterday as more than 650,000 employees went on strike to protest against privatisation and the closure of loss-incur-ring branches of state-owned banks. Workers owing allegiance to the country's three largest bank employees' unions took part
      AFP  -  326 words
    • Article
      Lock icon South Korean carmakers plan to expand overseas production
      455 4 Move to diversify export markets Reuter SEOUL South Korean carmakers, longing for opportunities to diversify export markets, said yesterday that they would expand overseas production further, moving into markets from Vietnam to Uzbekistan. They are expected to increase production abroad by about
      Reuter  -  455 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      367 4 BUSINESS H I MBS TOLL—FREE TEL. No. 1-BQO-741-1883 FAX 741-1298 M THE MATTER OF THE COMPANKS ACT, CAP. §0 AND MTHEJMTTEROF PAMECO-AIRE ASM PftVATE LIMITED Ml Mawbei a^oluntory NOTICE OF RESOLUTIONB Man Extraordinary GoneralMooting of ihe mentjers of the abovenamed Company duly convened and Uvo Umteo Stotoe of America at
      367 words
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      Page 4 Advertisements Column 2
      366 4 IN THE MATTER OF THE COttfPAMES ACT, CAP. SO AND IN THE MATTER OF TEU (SEA) PTE. LTD. (fciMMbm' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary Gonoral Mooting of Mo members of tho abovenamed Company duly oonvonod and hold M Induetrfcaoen 4, Nynasharrtn, Sweden at 10.00 a.m. on tho
      366 words
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      Page 4 Advertisements Column 3
      157 4 TANKSTORE Tank Storage Singapore Pte Ltd Ss2s, 000, 000.00 7 3/16% Guaranteed Bonds Due 1995 NOTICE IS HEREBY GIVEN THAT, In accordance with the Terms and Conditions of the Bonds, the Company will redeem all of the Bonds on the Fourth Interest Payment Date falling on 16 March 1994 at
      157 words
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      Page 4 Advertisements Column 4
      132 4 Canadian International School (Singapore) The School, which U fully accredited by the Ministry of Education in Ontario, Canada and registered with the Ministry of Education in Singapore, offers tuition to students from Kindergarten to the OAC (Pre U) levcL Instruction provided by professionally certified Canadian teachers. An Internationally recognized diploma
      132 words
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      Page 4 Advertisements Column 5
      115 4 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 n ISLE OF MAN O BAHAMAS JERSEY n BELIZE a LIBERIA a COOK ISLANDS O MADEIRA n
      115 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Young blood flows for black town
      55 5 Reuter STANDERTON, Sooth Africa A young demonstrator Is driven to hospital after being wounded by police fire outside this town, 160 km south-east of Johannesburg. About 30 people were wounded when police clashed with blacks protesting against plans to declare their town part of
      Reuter  -  55 words
    • Article
      Lock icon Protectionism strong in US, warns Gatt
      501 5 Reuter GENEVA The world trade watchdog Gatt warned yesterday that protectionist pressures in the United States would remain strong despite the Clinton administration's support for freer trade through Nafta and the Uruguay Round. In a major report on Washington trade policy, the General Agreement
      Reuter  -  501 words
    • Article
      Lock icon Deregulation seen as key to promoting info networks
      235 5 Reuter BRUSSELS A group of industry executives appointed by the European Union to develop a strategy for building a super-computerised Europe has pinpointed deregulation as a key goal. "It's not really a problem that has anything to do with technology," Industry Commissioner
      Reuter  -  235 words
    • Article
      Lock icon Disney seeking Asia sites, may start own cruise line
      500 5 Los Angeles Times, Reuter LOS ANGELES Walt Disney Co might start its own cruise ship line, and was looking for theme park sites in Asia, a top executive said on Tuesday. Disney's interest in entering the cruise business comes near the
      Los Angeles Times,; Reuter  -  500 words
    • WORLD WATCH
      • Article
        Lock icon Chemical reaction?
        94 5 Reuter NEW YORK Hundreds, possibly thousands, of New Yorkers yesterday found that their current accounts had been depleted and, in some cases, even cleaned out by a computer glitch. Chemical Bank employees said. "I had 60 calls this morning. They (the customers) had no money. We are trying
        Reuter  -  94 words
      • Article
        Lock icon Foreigners invest US$3b in Mexico
        73 5 Reuter MEXICO CITY Foreigners ploughed US$3.O billion (554.7 billion) into Mexico in January, according to the foreign investment division of the Commerce Ministry. A third of that amount was put into fixed investments and the rest went into stocks and liquid instruments. The division's head
        Reuter  -  73 words
      • Article
        Lock icon France mulls over more privatisations
        80 5 Reuter PARIS The government is weighing up whether to launch two more privatisations this autumn and is getting ready to publish a decree announcing these in the next few weeks, financial daily La Tribune Desfosses said yesterday. With the sale of Ste Nationale Elf Aquitainc
        Reuter  -  80 words
      • Article
        Lock icon Special grand jury to probe Clintons
        63 5 AFP LITTLE ROC K, Arkansas A federal judge announced late on Wednesday that a special grand jury would be created to investigate US President Bill Clinton and First Lady Hillary Clinton's real estate investments in Arkansas. US District Judge Stephen Reasoner's order came in
        AFP  -  63 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      133 5 You may have got a whiff of the Opel Corsa GSi's performance abilities the last time you visited an entertainment park. However, to get the full-blown effect of a high-compression, twin-cam, 16-valve engine, a suspension featuring progressive miniblock springs, and ventilated discs coupled with ABS, we'd like to suggest a
      133 words
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      722 6 Nothing BeafrsXßud.lftT^ OF rlr J I, GENUINE TASTE OF ITALY. Come and dine at Pasta Fresca. Let our wide range of authentic Italian pasta, pizzas, ice-cream and cappuccino thrill you. And of course, don't miss our most-talked about dessert, Tiramisu. PASTA FRESCA DA SALVATORE PTE LTD BLK 833 «01 -03
      722 words
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      Page 6 Advertisements Column 2
      237 6 JJ 1 IIIV 3, A I lUAJ I VVIUfIIJ IU IV WHERE TO WINE, DINE AND ENTERTAIN I NEW HEAR GREETINGS FROM PLAZA HOTEL C^3 W February9-t4 Chinese New Year '*V t Set Lunch fe Dinner L m m n From $388" to $888- t J ,VN per table W
      237 words
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      Page 6 Advertisements Column 3
      326 6 Encmgli. Eiiouglio Enough. 'Enough is enough. Hfien our guests start on the appetiser spread at our monthly international lunch buffet, they never finish. In fact, they always end up conceding that they ve had -jmore than enough. Come try it to believe. IjP Jot reservations, please call *****51. Scandinavian 'Buffet
      326 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Ryan rouses audience with THAT scene...
      440 7 CHATTERBOX" AP UPI AP AP MEG RYAN recreated her most memorable celluloid moment at Harvard University, this time making the audience fake the orgasm. Ryan, 30, was at Harvard to accept the "Woman of the Year" award on Tuesday from the Hasty Pudding Theatricals
      AP; UPI  -  440 words
    • Article, Illustration
      Lock icon The music's murder
      613 7  -  Film directors are now using soothing music to lessen the impact of violent scenes, says Kenneth Chanko Kenneth Chanko NYT Thirty-four years ago, in Psycho, Alfred Hitchcock jolted audiences by killing ofT his leading lady in the shower. Bernard Herrmann's rhythmic, piercing, high-pitched soundtrack EEEE-EEEE-EEEE-EEEE to the
      NYT  -  613 words
    • Article
      Lock icon Hotel boom hits Vietnam's main commercial centre
      555 7 Reuter Dominique Nordmann is glad he put hamburger on the menu of his newly opened hotel, the Omni Saigon. When it opened for business on Feb 1, he described 1994 as the year of the "big bang" for Vietnam's hotel industry, referring to
      Reuter  -  555 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      241 7 IPW Okie English Eating House 277 Orchard Rd #02-38 Specialists Centre 5(0923) l—l Specialized In steaks, farmhouse fare, devonshire cream tea. (Good restaurant guide award winner) DEVONSHIRE CREAM TEA (Served from 3pm 6pm) Oven hot scones with butter, sandwiches, cake and pastry with a pot of tea or coffee J
      241 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      1147 7 "Wil nllnilf WJCT nNTIf Clint Eastwood directs, pro- >'|j duces and acts in (his tale V EL I] about a movie producer who, ISH $1 due to an ever-increasing debt. goes to Afnca to shoot a film 7* >*\ as a last ditch effort However. things soon deteriorate because of
      1,147 words
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  • SPORTS
    • SIDE LINES
      • Article
        Lock icon Norman struggles at Masters
        113 8 Reuter MELBOURNE Greg Norman, playing his first tournament on home soil since reclaiming the world No I spot, struggled on the first day of the Australian Masters yesterday. Norman, chasing his seventh Masters title, could manage only an even-par 73 at Huntingdale and was overshadowed by
        Reuter  -  113 words
      • Article, Illustration
        Lock icon Basketbrawl
        45 8 Reuter MILWAUKEE Milwaukee Buck's forward Ken Norman (left) and Denver Nugget's forward Tom Hammonds pushing and shoving before the start of a fight that led to the ejection of both by game officials during the second quarter of their basketball match on Wednesday. Reuter
        Reuter  -  45 words
      • Article
        Lock icon Sino-Aussie clash in London marathon
        73 8 Reuter LONDON Australian Commonwealth champion Lisa Ondieki will take on the formidable Chinese in the London marathon on April 17. Ondieki, 33, the 1988 Olympic silver medallist and winner of the 1992 New York marathon, finished second to German Katrin Dorre in last year's race.
        Reuter  -  73 words
      • Article
        Lock icon Seles still suffering emotional scars
        153 8 AFP PARIS Monica Seles has indefinitely put back her return to tennis because she still bears the emotional scars from her stabbing last year, a representative said on Wednesday. "She is not entered in any tournaments this year and she does not know when she
        AFP  -  153 words
    • Article, Illustration
      Lock icon Harding meets Kerrigan to break the ice
      757 8 XVII Winter Olympic Games UPI LILLEHAMMER, Norway Tonya Harding descended on the Winter Olympics on Wednesday and within hours of her arrival exchanged pleasantries with Nancy Kerrigan. The meeting was of little interest to the local population, since the Norwegians had two more
      UPI; AFP  -  757 words
    • Article, Illustration
      Lock icon Sutton leads in opening day of Bob Hope Classic
      558 8 Golf AP INDIAN WELLS, California Hal Sutton, again playing golf his way, shot a nine-under-par 63 on Wednesday to take a one-stroke lead after the opening round of the Bob Hope Classic. "That's the best I've played in a long, long
      AP  -  558 words
    • Article
      Lock icon England under pressure to end drought in scoring tries
      527 8 Reuter LONDON England are under pressure to rediscover the lost art of scoring tries as they return to Twickenham this weekend for the first time since defeating New Zealand. Buried beneath the last-gasp kicks, brave defence and Scottish dressing-room tears at
      Reuter  -  527 words
    • Article, Illustration
      Lock icon Jordan gets pointers in basics of batting
      655 8 AP SARASOTA, Florida While pitchers and catchers were reporting for spring training on Wednesday, Michael Jordan went to work with Chicago White Sox batting coach Walt Hriniak on a back practice field. They began in the morning with the basics of bunting "Catch
      AP; AFP  -  655 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        34 8 Reuter NEW YORK NBA Wednesday: C harlotte 102 Houston 97; Chicago 101 Miami 109; Milwaukee 95 Denver 107; Phoenix 126 Portland 100; LA Clippers 99 Utah 103; Sacramento 94 Philadelphia 92 (OT). Reutcr
        Reuter  -  34 words
      • Article, Illustration
        Lock icon Cricket
        84 8 AP Reuter BRIDGETOWN, Barbados England defeated the West Indies by 61 runs with 9.2 overs to spaa* in the first cricket onc-dav international against the West Indies here Wednesday Scores; England 202 for five wickets off 50 overs. Uest Indies 141 all out off 40.4 overs. AP WELLINGTON Pakistan
        AP; Reuter  -  84 words
      • Article, Illustration
        Lock icon Golf
        148 8 Reuter AFP MELBOURNE Australian Masters leading Ist rd scores yesterda) (Australian unless staled, a denotes amateur): 65 Grant Kenny 67 Cireg Sweat! (US) 68 Want Gradv 69 Michael Harwood. Patrick Burke (US) 70 David Brans-don-a. Gavin Stratfold. Evan Droop. Ernie Els (SA). Katsuyoshi Tomon (Jpn). Rodger Davis. Terry (iale.
        Reuter; AFP  -  148 words
      • Article, Illustration
        Lock icon Ice hockey
        24 8 Reuter NEW VORK NHL Wednesday: Detroit 7 Florida 3: Hartford 3 Buffalo 5; Dallas 0 Boston 3; Anaheim 6 Philadelphia 3. Reuter
        Reuter  -  24 words
      • Article, Illustration
        Lock icon Tennis
        322 8 AFP AFP AFP AFP AFP BEIJING Nokia Open 2nd rd yesterday: Tang Liyao (Chi) b Kyoko Nagatsuka (Jpn) 6-3 6-1; Silkc Meier (Ger) b Barbara Mulej (Slovak) 6-2 6-2; Li Fang (Chi) b Park Sung-Hee (SK.) 6-3 6-4: Pam Sliriver (US) b Chen Li (Chi) 6-4 6-0; Va\uk Basuki
        AFP  -  322 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Lock icon Pepsi trying to make up for lost time
      413 9 AP PEPSI-COLA plans to take its marketing blitz to the streets of communist Vietnam's capital city, company officials said on Wednesday. The first 1,000 sample cases of Pepsi shipped from a bottling plant in Ho Chi Minh City could arrive in Hanoi
      AP  -  413 words
    • Article
      Lock icon Indian tobacco firms up in arms over govt ban on ads
      618 9 Reuter INDIA'S cigarette companies are gearing up for a battle with the government over tough new health legislation which they say could send their industry up in smoke. Cigarette-makers say the new bill, if approved, would ban all tobacco
      Reuter  -  618 words
    • COPY LINES
      • Article
        Lock icon Amex to offer 'co-brand' charge cards?
        70 9 Reuter NEW YORK American Express Co is preparing to combine its name with that of other companies and offer "co-branded" charge cards, according to a Wall Street Journal report. The report quoted company officials as saying the new strategy would result in the introduction
        Reuter  -  70 words
      • Article
        Videofax first for Standard-CDM
        56 9 STANDARD-CDM has become the first advertising agency in South-east Asia to install a videofax machine. This means it can receive video tapes via telephone lines, edit them and fax back changes quickly. Clients can view tapes of the latest foreign commercials within hours of them being
        56 words
      • Article
        HBO Asia to broadcast for 24 hours
        50 9 HOME Box Office Asia will be on air 24 hours a day from March 1, compared with 18 hours now. It says this will enable it to offer a wider range of movies, more music concert specials, more documentaries and more comedy specials.
        50 words
      • Article
        Lock icon Partners of top US ad agency part
        110 9 NYT NEW YORK Donny Deutsch and Steve Dworin, who together formed perhaps the most successful advertising agency partnership so far in the *****, are suddenly and unexpectedly parting company. Mr Dworin, president of E>eutsch/Dworin Inc in New York, has left the agency after
        NYT  -  110 words
    • Article, Illustration
      Lock icon Will Sega outpace Nintendo? It's anyone's game
      645 9 Reuter WHILE Nintendo of America Inc has lost its once-dominant share of the USS6 billion (559.5 billion) US video game market, industry analysts said it was premature to declare total victory for rival Sega of America Inc. Sega released results of independent research
      Reuter  -  645 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      305 9 Ug "THE PINNACLE QUALIFICATION IN MARKETING" (MvnarrorHuu. Tbe specialist course for executives in marketing management by Tbe University of Hull in association with the Chartered Institute of Marketing, UK. EIGHTH INTAKE Iff SINGAPORE Only programme endorsed by CIM UK Established Internationally as a part-time distance learning programme of two years
      305 words
    • Advertisement
      Page 9 Advertisements Column 2
      227 9 Is there ketchup in your veins? Leo Burnett Singapore is looking for the right individual for a Senior Management position on its McDonald's business.This is without question one of the most exciting and prestigious advertising positions in Asia, and it demands someone with exceptional talent. Prime responsibility is running the
      227 words
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  • Article
    Selling Singapore's uniqueness
    518 10 itotoßii 1 5 FOR A SMALL country like Singapore to be involved in the development of some 10 industrial parks in China is no small feat. The biggest of these projects in Suzhou is on a 70-sq-km site, more than twice the size of the Jurong industrial
    518 words
  • WHAT THE OTHERS SAY
    • Article
      Not speaking in Myanmar
      217 10 IT SEEMS CLEAR that the slight relaxation in the conditions under which Ms Aung San Suu Kyi, Myanmar's best known political dissident, has been held at her Yangon home since July 1989, is not an isolated phenomenon. Even the apparent confusion over the term of her
      217 words
    • Article
      Pass on the values
      129 10 THE Committee on the Family has taken the right step in identifying five universal core values which can be accepted by all, regardless of race or religion. As Mr Abdullah Tarmugi says, while family ties are strong in Singapore, there is no room for complacency. Singaporeans
      129 words
    • Article
      Laudable action
      152 10 FIVE CORE family values worthy of promotion have been put forward by the Committee on the Family recently. These can complement the five core national values formulated earlier. The government's efforts and courage in preserving traditional values ought to be applauded at a time when some leaders of
      152 words
    • Article
      Hiding behind banking secrecy
      147 10 AS THE TRUTH behind the questionable US$43O million loan from the state-owned Development Bank of Indonesia (Bapindo) to the Golden Key Group remains hidden behind the banking secrecy clause of the 1992 Banking Act, despite persistent public demand for official accountability, it is now most imperative
      147 words
    • Article
      It pays to be discreet
      158 10 WE DO NOT often hear of the Anti-Corruption Agency but, true to its name, it has been quitely monitoring illegal payoffs including, most recently, those that are made for contracts in the government and private sector to the extent of tracing those that take place
      158 words
    • Article
      Risda's job no less demanding
      198 10 AT ONE TIME, the Rubber Industry Smallholders Development Authority (Risda) was easily the best known among the rubber smallholders. This is no surprise because the agency looked exclusively after the well-being of the rubber smallholder. The march towards industrialisation and the expansion of the country's
      198 words
  • Article, Illustration
    'Red capitalists' on the takeover trail
    1128 10  -  China Everbright Holdings is booming again, thanks to friends in high places and sharp financial minds. Fete Engardio reports Pete Engardio More than most Chinese companies, China Everbright Holdings Ltd knows well that operating in the free market is not a one-way ticket to
    1,128 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      179 10 I Drop anchor and enjoy the fall attention of the entire shipping industry. Shipping Tunes will publish a special feature in conjunction with SINGAPORT 94 International Maritime Exhibition and Conference, Asia's premier biennial maritime event, to be held in Singapore from March 22 to 25,1994. ONCE IN TWO YEARS, A
      179 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      76 10 /OF COURSG. ITO /AT TW£ "TVHRD StacKC > AIovAPCT'S tmpvT r voo \Nrre»e3Ti£D... J 7IT uiILL 661 Ter4 (fs y \ifcu. Me vofcey )Fprt£H no Tfttfr/ J v -<r~ i DOONESBURY GARRY TRUDEAU fTS D IKNOU GTKK, I AOOyT*CCIT7H6fIE, §MSH9JUMMBf YOU FOP. I mt I AMP YET H A 6RSAT
      76 words
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  • ANALYSIS
    • Article, Illustration
      Ramos and Mahathir: Asia's new honeymooners
      1324 11  -  Yang Razali Kassim says President Ramos and Dr Mahathir's most statesman-like exchange of visits augurs well for Filipino-Malaysian ties. And from Manila, A 1 Labita reports on the hope that Dr Mahathir's trip will spur a flurry of Malaysian investments in the Philippines. Yang
      1,324 words
    • Article, Illustration
      There'll probably be more Kuoks in the Philippines soon
      893 11 AT THE Manila Hotel two weeks ago. some Malaysian industrialists kept shaking hands with tycoon Robert Kuok, minutes after Prime Minister Mahathir Mohamad checked in. But Mr Kuok, with merchant banker Roberto Ongpin in tow, was not a member of Dr
      893 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      37 11 I BEGINS WITH A II 1 HOMEOFYOOROWN Stop dreaming and start living. Wander through our Properties Section in The Straits Times Classified and Jig locate an ideal home you have CjSTi always been caxs. dreaming of. *****66
      37 words
    • Advertisement
      Page 11 Advertisements Column 2
      42 11 HI U U Ml M Auction of 100 Superior Quality Hand-knotted Persian Carpets In Various Sizes 0« Sunday, February 20,1994 The Dynasty Hotel, Regit Room Viewing: 10am Ipm Auction Sale: 1.30pm Spm Auctioneer. Llm ft A— odatq Presenters ALI ft ABI showroom
      42 words
    • Advertisement
      Page 11 Advertisements Column 3
      63 11 With muled tapestries, wood panelling and top-class restaurants. Located in tlie heart of Singapore's embassy district yet close to the business centre. Many year's experience in rejuvenating tired and exhausted executives travelling to Singapore on business. Otherwise known as the ANA I lotel. A ANA HOTEL SINCAPORE 16 Nass i
      63 words
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  • Article
    Lock icon US trade deficit jumps 37pc to five-year high
    487 12 AP, Reuter, Bloomberg Business News WASHINGTON The US trade deficit surged to U*****.78 billion (SSIB4 billion) last year, the worst showing in five years, as the deficit with Japan climbed to its highest level in history. The Commerce Department said yesterday that
    AP,; Reuter,; Bloomberg Business News  -  487 words
  • Article, Illustration
    Lock icon Heading for a place in history?
    42 12 AFP MOSCOW A sculptor's assistant combing the hair on a copy of a head of Vladimir Zhirinovsky, the controversial leader of the Liberal Democratic Party of Russia, in the workshop of Moscow's wax gallery yesterday. AFP
    AFP  -  42 words
  • Article
    Lock icon US to review Indon trade privileges in six months' time
    361 12 Reuter, AP JAKARTA The United States has given Indonesia an additional six months to implement recent labour regulations before mr ng a decision on whether continue a trade privilege. US Embassy said yesterday Wash un had been conducting a r
    Reuter,; AP  -  361 words
  • Article
    Lock icon Renault, Volvo to go their separate ways
    252 12 Reuter PARIS Renault and Volvo, whose plans for a FrancoSwedish carmaking merger fell through in December, yesterday announced moves to unwind their existing links. "The two companies will regain complete freedom, in both their shareholding and cooperation agreements," France's state-owned Regie Nationale des
    Reuter  -  252 words
  • Article
    Lock icon Glaxo interim earnings top £1b for first time
    296 12 Reuter LONDON Drugs giant Glaxo Holdings pic shrugged ofl" worldwide healthcare cutbacks to report half-year profits of more than £1 billion (552.3 billion) for the first time in its history. Europe's largest pharmaceuticals group said pre-tax profits rose 22 per cent to
    Reuter  -  296 words
  • Article
    Lock icon US consumer prices unchanged in January
    330 12 AP, Bloomberg Business News WASHINGTON Consumer prices unexpectedly held steady in January, the first month that costs did not rise in more than four years. The US Labour Department said yesterday that the last time its Consumer Price Index did not budge from the
    AP,; Bloomberg Business News  -  330 words
  • Article, Illustration
    European Parliament on verge of important breakthrough
    797 12  -  The Bottom Line MICHAEL HINDLEY MICHAEL HINDLEY The writer, a Briton, is a member of the European Parliament THE European Parliament (EP) is on the verge of an important breakthrough in its long battle not only to enhance its own selfesteem, but to
    797 words
  • Article
    Lock icon US$50m Wang HQ sold for US$525,000
    294 12 NYT BOSTON The sprawling corporate headquarters of Wang Laboratories Inc, built at a cost of US$5O million (5579.6 million) to US$6O million, has been sold at an auction for just U*****,000. An accountant, Louis Pellegrine, submitted the winning bid for the property, which includes
    NYT  -  294 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      42 12 A«^«2| -•if Hush Puppies yw America's most comfortable shoes Lioentee: Browning Sports Far East Pte Ltd Td: 474 MM NGEE ANN if ODEON CITY 1 TOWERS lOrchaid Road) lOpp Ratlin Hotall Quality Serviced Offices Give us a call at 838 5243 MRCEIMTRE
      42 words
    • Advertisement
      Page 12 Advertisements Column 2
      114 12 "Hush Puppies America's most comfortable shoes Ucemee Browning SporU Far Ea»t fte Ud Td: 474W Asia's corporate giants They're aggressive. They're innovative. And they're taking on the established multinationals in the world market Asia's corporate giants are on the move. In a fortnightly series starting tomorrow, Business Times will profile
      114 words
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  • COMPANIES & MARKETS
    • Article
      Kim Eng Securities launches broking unit in Manila
      622 13  -  From Al Labita in MANILA SINGAPORE-based stockbroking firm Kim Eng Securities has launched a unit in Manila its sixth overseas. It is the fourth Singaporean broker to set up in the Philippine capital, and there are reports that three other Singaporean brokers
      622 words
    • Article, Illustration
      Lock icon Subscription for Faimac's IPO exceeds 60 times
      228 13 SINGAPORE Knitting machine maker Falmac Ltd's initial public offer of shares was more than 60 times subscribed. The subscription rate for the fixed-price shares is double that for another Sesdaq aspirant, micro floppy diskette maker Datapulse Technology, whose IPO closed three days ago.
      Photo by Arthur Lee  -  228 words
    • Article
      Verdict on NOL share-rigging case next week
      321 13  -  B* Ramesh Divyanathan SINGAPORE The Neptune Orient Lines (NOL) share-rigging case judgement will be delivered on Feb 26. District judge Ibrahim Burhan reserved his decision yesterday following final arguments by the prosecution and defence lawyers of the two accused. The first accused, Tan
      321 words
    • Article
      MUI needs a clear corporate strategy to reassure minority shareholders
      687 13  -  HOCK LOCK SIEW By William Chia SINGAPORE The market has been abuzz with speculation about what Malayan United Industries is going to do after selling MUI Bank and MUI Finance to the Hong Leong group last November. After all, the
      687 words
    • Article
      Goodman Fielder's profit drops 65pc after retail pullout
      303 13  -  By Abdul Hadhi SINGAPORE Largely a result of its exit from the retail business, Goodman Fielder Asia Holdings (GFA) saw its group after-tax profit slip 6S per cent to $4.16 million in the six months to Dec 31, from $12.12 million before.
      303 words
    • Article
      Lock icon Shangri-La (M) pre-tax profit rises 18pc to M$93m
      133 13 Bernama KUALA LUMPUR Shan-gri-La Hotels (Malaysia) Bhd has reported an 18 per cent rise in group pre-tax profit to M 593.47 million (5553.28 million) for the year ended Dec 31, 1993, from M 579.22 million in the corresponding period in 1992. In
      Bernama  -  133 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        42 13 Subdued Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Cher night events may alter sentiment Brokers polled: Alliance. Daiwa. Fraser. Kay Hian. Ongco. Phillip. Smith New Court, Tat Lee and H I Can.
        42 words
      • Article, Illustration
        HOT STOCK
        145 13  -  By Paul Leo PARKWAY Holdings is trading near a downward sloping trendline formed by joining the peaks since Dec 28. Technicals favour a test of this trendline; if it is broken, a test of the stock's all-time high of $4.18 is likely. The daily Relative Strength Index has
        145 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Causeway quizzed over price rise
          31 14 SINGAPORE The Stock Exchange of Singapore has queried Causeway Investments about the substantial increase in its share price and trading volume of the company's shares recently.
          31 words
        • Article
          Centrepoint 1-for-2 gets nod
          56 14 SINGAPORE Shareholders of Centrepoint Properties have approved a one-for-two bonus issue. The company said yesterday that in accordance with the issue term of its Warrants 1997, warrant holders would receive one new warrant for every two held. The exercise price of the warrants would also be
          56 words
        • Article
          Bousteadco director quits
          26 14 SINGAPORE Bousteadco Singapore announced yesterday that Edward Geoffrey Hall has resigned as a director of the company with effect from Dec 21 1993.
          26 words
        • Article
          Lock icon Teletech posts HK$60m loss
          94 14 Bloomberg Business News HONGKONG Telecommunications equipment and television manufacturer Teletech International Holdings reported a net loss of HKS6O.I million (S$ 12 million) for the year to Dec 31 1993. The company had reported a net loss of HK597.9 million for the 15 months ended Dec 31,
          Bloomberg Business News  -  94 words
        • Article
          Lock icon Lien Hoe sells LH Capital stake
          80 14 Bernama KUALA LUMPUR Lien Hoe Corporation Berhad announcedthat it has entered into a conditional sale and purchase agreement with Tegap Sejajar Sdn Bhd for the sale of its 51 per cent stake in LH Capital Sdn Bhd for M 56.2 million (553.5 million). Lien
          Bernama  -  80 words
        • Article
          Lock icon CCM has higher group earnings
          76 14 Bernama KUALA LUMPUR Chemical Company of Malaysia Bhd (CCM) reported a 10 per cent higher group pre-tax profit of M 562.02 million (5535.3 million) for the year ended last Dec 31. Group turnover rose 2 per cent to M 5529.70 million. The company's pre-tax profit,
          Bernama  -  76 words
        • Article
          Lock icon Emico forecasts M$5.4m profit
          49 14 Bernama KUALA LUMPUR Emico Holdings Bhd, manufacturer of awards and trophy components and enroute to a second board listing, has forecast a pre-tax profit of M 55.45 million (SS3.I million) for the year ending this Dec 31, compared with M 53.55 million in 1993. Bernama
          Bernama  -  49 words
      • Article
        UNIT TRUSTS & FUNDS
        488 14 UNIT TRUSTS FUNDS MaMgMV pricM Feb 18 UMB feMlt Mgt Ltd Cinirinnn lha» True* Unifund 1.31 1.57 jffT 111 Un ,rUSI Umbond 1.025 1.05 The Commerce 1.81 1.90 United Gr Fund! 1.67 1.74 The Savings Fund 1.69 1.77 Lnited Asia Fund 1.92 2.02S pore Prog Fund 0.76 0.80 s pore
        488 words
      • Article, Illustration
        Ultrajaya plans 3-for-1 rights issue to raise 165b rupiah
        453 14  -  By William Chia SINGAPORE Indonesia's largest dairy and fruit juice producer PT Ultrajaya Milk Industry and Trading is planning a three-for-one rights issue to raise 165 billion rupiah (S$ 125 million). Ultrajaya president director Sabana Prawirawidjaya, who spoke at a roadshow
        453 words
      • Article
        S P Tao sells 4.05m shares in Singland
        169 14 SINGAPORE In a major divestment, Singapore Land's founder S P Tao has sold 4.05 million shares in the company for $31.59 million. In a statement yesterday, Singland said the sale of the 4.05 million shares by Mr Tao's private vehicle. Shin Kwan
        169 words
      • Article
        Lock icon Foreign fund managers selling M$ in reaction to Bank Negara's ruling
        357 14 Bernama KUALA LUMPUR Foreign fund managers are liquidating positions in the Kuala Lumpur Stock Exchange in a knee jerk reaction to Bank Negara's crackdown on speculative funds from overseas and a falling ringgit. A stock market analyst yesterday said
        Bernama  -  357 words
      • Article
        Lock icon EPE Power debuts with premium of M$5.30
        208 14 Bernama KUALA LUMPUR EPE Power Corp Bhd, which made a strong debut on the Kuala Lumpur Stock Exchange Second Board yesterday with a premium of M 55.30 over its offer price of M 52.90, will look for new value-added business in future to
        Bernama  -  208 words
      • Article
        Row over Manila shipyard escalates with complaint
        407 14  -  By Rahita Elias SINGAPORE The row over the Philippines' biggest shipyard hotted up yesterday when two members of Singapore's Keppel group filed a complaint with the country's Securities and Exchange Commission. In a two-page letter. Kepphil Shipyard and sister company Cebu Shipyard and
        407 words
      • Article
        Lock icon Digitel gets telecom franchise for whole of Philippines
        147 14 AFP MANILA Digital Telecommunications Philippines. Inc (Digitel), controlled by ethnic Chinese magnate John Gokongwei, yesterday obtained a franchise allowing it to operate throughout the country, an official statement said. President Fidel Ramos signed a law granting Digitel a 25-year franchise to install,
        AFP  -  147 words
      • Article
        Untitled
        294 14 Payment Ex Books Pay date dose date Asia Pacific F I8N Feb 9 Feb 15 Feb 23 Berjaya Group I 6 Mar 11 Mar 28 Apr 18 Berjaya Ind 1 4 Mar 11 Mar 28 Apr 12 Benaya Leisure 15 Feb 22 Mar 8 Apr 6 BMT $10 I 50
        294 words
      • Article
        Lock icon AT&T shifts decision-making closer to markets
        392 15 Reuter NEW YORK The American Telephone and Telegraph Co is shifting executive responsibilities to regional chiefs around the world in a gamble for more global business. "It is not just a structural change but a fundamental shift in management philosophy," said Victor Pelson, chairman
        Reuter  -  392 words
      • Article, Illustration
        Lock icon India's top firms face 20-25pc profit rise
        417 15 Reuter BOMBAY India's top 25 private sector companies are expected to show 20-25 per cent growth in net profits despite a slower rise in sales, analysts said. In a poll by Reuters, analysts from eight securities houses said lower costs as a result
        Reuter  -  417 words
      • COMPANY BRIEFS
        • Article
          Lock icon Westinghouse sells unit for US$340m
          72 15 NYT WASHINGTON Westinghouse Electric Corp has agreed to sell its electrical-products subsidiary for USS34O million (***** million) to Clayton. Dubilicr Rice, a private investment firm. The subsidiary the Westinghouse Electric Supply Co. or Wcstco is the second largest company in the USS4S billion market for
          NYT  -  72 words
        • Article
          Lock icon Shanghai firm set to pile on the profit
          91 15 Reuter SHANGHAI Shanghai Haixin Co Ltd is expecting 1993 net profits of 70.5 million yuan (5512.9 million) and predicts demand for its soft pile, used mainly in toys, will remain strong this year, deputy finance manager Chu Jinghua said yesterday. The profit
          Reuter  -  91 words
        • Article
          Lock icon Rhone-Poulenc profit to improve in '96
          107 15 Bloomberg Business News PARIS French chemical and pharmaceutical company RhonePoulenc SA. whose net profit fell 36.5 per cent to 962 million French francs (*****.7 million) in 1993 from 1.52 billion a year earlier, expccts no significant improvement in results before 1996. chairman Jcan-Rcne Fourtou
          Bloomberg Business News  -  107 words
        • Article
          Lock icon HP, Fujitsu set up telecoms venture
          62 15 Bloomberg Business News TOKYO California-based Hewlett-Packard Co and Japan's Fujitsu will cooperate to integrate both companies' large-scale telecommunications networks. Jiji Press reported. Thcv will set up a network using Fujitsu's switching and ser\ icc-managcment systems to run on Hewlett-Packard's Unix-based workstations. The venture marked
          Bloomberg Business News  -  62 words
      • Article
        Lock icon Sony, Pioneer turn in sharply lower profits
        330 15 AP TOKYO Sony Corp and Pioneer Electronic Corp have reported sharply lower profits for the Octobcr-Deccmbcr quarter, as weak demand and the strong yen continued to take their toll on Japan's electronics industry. Pioneer yesterday also slashed its parent company net earnings forecast
        AP  -  330 words
      • Article
        Lock icon HP's first quarter earnings rise 41pc
        345 15 FT SAN FRANCISCO Hew-lett-Packard. the US computer and electronics group, on Wednesday reported a continuing strong performance for its first fiscal quarter, with a 41 per cent increase in net earnings and 24 per cent growth in revenue. The results reflect the group's advance
        FT  -  345 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon HK rate rise almost certain but analysts divided over timing
        601 16 Reuter HONGKONG Hongkong banks, shackled to US monetary policy due to a currency peg. are almost certain to raise interest rates but local opinion is divided over whether they will move this week. With inflation at 8.6 per cent and
        Reuter  -  601 words
      • Article
        Lock icon Kleinwort's pre-tax jumps 148pc amid market boom
        299 16 Bloomberg Business News LONDON Klcinwort Benson Group pic yesterday said pre-tax profit surged 148 per -cent in fiscal 1993 as world stock and bond markets boomed. Bolstered by a surge in fees and commissions and profits from its own securities trading, the UK
        Bloomberg Business News  -  299 words
      • SMALL CHANGE
        • Article, Illustration
          Lock icon Swat team to the rescue
          64 16 AFP LONG BEACH Masked Swat team officers escorting four bank employees away from their office after they hid for almost five hours during a botched bank robbery on Wednesday. The employees were freed when police used concussion grenades to storm the Bank of America branch.
          AFP  -  64 words
        • Article
          Lock icon Scor 4th-qtr premium sales up 21.7pc
          54 16 Bloomberg Business News PARIS Scor SA, France's largest reinsurer, said fourth-quarter consolidated sales of premiums rose 21.7 per cent to 3.77 billion French francs (551.02 billion) from 3.1 billion francs. Sales in 1993 rose 8.4 per cent to 13.45 billion francs from 12.4 billion
          Bloomberg Business News  -  54 words
        • Article
          Lock icon Krung Thai Bank sells US$100m notes
          95 16 Bloomberg Business News SINGAPORE Thailand's third-largest commercial bank, Krung Thai Bank, is selling US$lOO million (SSIS9 million) of seven-year floating rate notes out of its Cayman Islands branch, a vice-president at Chemical Securities Asia announced yesterday. Chemical Securities is underwriting the financing of the
          Bloomberg Business News  -  95 words
        • Article
          Lock icon Nationwide to end GRE link
          98 16 Reuter LONDON The Nationwide Building Society is poised to announce the end of its relationship with Guardian Royal Exchange (GRE). the composite insurance group, and the setting up of its own life insurance firm, the Financial Times said. The newspaper said that a statement from
          Reuter  -  98 words
        • Article
          Lock icon Banks set cross-border payment scheme
          86 16 Reuter LONDON National Westminster Bank pic, Germany's Commerzbank. the Italian Credito Italiano SpA and French Societe Generale are to launch a scheme for making low-value cross-bor-der payments, Nat West said in a statement. The system, to be launched next month, will let customers send payments
          Reuter  -  86 words
      • Article
        Lock icon UAE banks shrug off bad debt problems of '80s
        503 16 AFP ABU DHABI United Arab Emirates banks have recovered from their worst bad debt problem by building large reserves and are now earning as much as they did during the oil boom, bankers said yesterday. "The bad debt problem no longer
        AFP  -  503 words
      • Article
        Lock icon Deficit in world supply of rubber for first five months of 1993
        381 16 Bernama KUALA LUMPUR Total world supply of both natural and synthetic rubber for the first five months of 1993 amounted to 6.1 million tonnes while total world consumption was 6.17 million tonnes, resulting in a 70,000tonne deficit in
        Bernama  -  381 words
      • Article
        Lock icon Bank of England says users should own Crest system
        178 16 Bloomberg Business News LONDON The Bank of England said its proposed paperless system for settling securities transactions, known as Crest, should be owned by firms using the system. Banks, market-makers, custodians and investment institutions that will use Crest also should start
        Bloomberg Business News  -  178 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        119 16 THE USS/SS opened at 1.5930-40 yesterday, off from its 1.5950-55 close on Wednesday. Japanese selling of USS was evident with the USS dropping from an opening high of 1.5935 to touch a low of 1.5995. It subsequently recovered to close the dav around 1.5905-10. USS/MS
        119 words
      • Article
        Lock icon London
        186 16 Bloomberg Business News LONDON The dollar rose against the deutscheniark and yen in Europe yesterday after ihe Bundesbank cut a halfpoint oIT its discount rate to 5.25 per cent, and after news the US trade deficit with Japan narrowed by 7.4 per cent in December. Eurther gains for the
        Bloomberg Business News  -  186 words
      • Article
        Lock icon Global refined copper output seen rising through 1996
        174 16 Reuter NEW YORK World refined eopper output will increase through 1996. with a large gain later this year as more solvent cxtraction-clcctrowon mines (SX-EW) come on stream and expansions of refineries are completed, a Magma Copper executive told American Metal Market copper
        Reuter  -  174 words
      • Article
        Lock icon New York
        84 16 AFP NEW YORK The dollar climbed against other major currencies in active trading early yesterday after the Bundesbank unexpectedly cut its discount rate. At around 9:15 am. the dollar exchanged at 1.7315 German marks against 1.7230 on Wednesday. The greenback, which traded at 1.7270 German marks before the
        AFP  -  84 words
      • Article, Illustration
        Untitled
        1652 16 Trade-<vetghied index calculated against S port 's tap 14 trading partners. Base year 198! US$/S$ forward rates Noon Feb 17 SS Mi Otter 1-month 1.5869 1 5884 J-month 1.5867 I 5882 3-month 1.5865 1 5880 6-month 1 5860 1 5880 Sourer OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES to at
        1,652 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen weakens in step with yen bonds
        1335 17 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures closed lower, depressed by the plunge in Japanese government bonds yesterday. A dealer with a US commission house said Euroyen was under pressure the whole day but it fell sharply in the afternoon following the dive
        Reuter  -  1,335 words
      • Article
        KL tin hits one-year high
        607 17 COMMODITY REPORTS Tin TIN extended its upward trend and closed at a one-year high of MS 14.99 per kg after a higher London market overnight prompted further buying on the back of a weak ringgit against the dollar, traders said. It was up 23 cents
        607 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          1993 sales at Pechiney down 3.2pc
          138 17 PARIS French aluminium group Pechiney said consolidated 1993 sales fell 3.2 per cent to 63.037 billion francs (5517.02 billion) from 65.095 billion in 1992. It said the drop would have been larger but for a 7-per cent rise in the dollars average exchange rate
          138 words
        • Article
          Cash tin boosted by dollar's strength
          96 17 KUALA LUMPUR The price of cash tin from smelters in Penang climbed yesterday, again bolstered by the recent strength of the US dollar against the Malaysian ringgit. traders said. Speculation the price will gain further also boosted the price, they said. But traders said
          96 words
        • Article
          Thai Jan rice exports up from year ago
          52 17 BANGKOK Thai rice exports totaled 477.429.94 tonnes in January, up 34.4 per cent from January 1993. Thai Board of Trade figures showed. Exports were down 7.4 per cent from December, according to the figures, which were provided by international surveyor Overseas Merchandise
          52 words
        • Article
          Estimates show dip in grains output
          75 17 LONDON Latest estimates confirm a sharp drop in grains output in 1993, according to the UN Food and Agriculture Organisation's latest Food Outlook report. The FAO has reduced its estimate of world cereal production in 1993 to 1.873 million '.onnes. 5 per tent below
          75 words
    • Article
      COMMODITY PRICES
      1647 17 Rubber Singapore Commodity Exchange (futures closing as at lpm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Mar 94 138.00 138 00 136.75 200 UOO Apr 138.75 137.25 138 50 1.375 4.500 May 141.50 138 50 140 50 1.950 4.975 Jun 141.00
      1,647 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1234 18 -8.1 Australian stocks tumbled in late trade to close lower yesterday after some local profit-tak-ing. a fall in futures and a weaker Japanese market. "Domestic institutions overweight in some stock seemed content to sell." said one broker. "We saw a bit of buying from abroad but I think there
        1,234 words
      • Article
        Manila
        593 18 1.77 Share prices rose marginally at the close on selective buying, and the market is seen drifting sideways in the coming days, brokers said. The Manila Stock Exchange, which had earlier reported the index dipping at the close, said the closing average rose 1.77 points to end at 3.036.74.
        593 words
      • Article
        Taipei
        586 18 +42.86 Taiwan stocks recovered from early losses to close higher but turnover shrank and buying was generally very cautious. Brokers said it was by no means certain that the market's downward consolidation had ended. The weighted index, which hit an early low of 5.822. ended 42.86 up at 5.905.49.
        586 words
      • Article
        Seoul
        450 18 •0.05 Stocks finished a roller coaster trading slightly lower after massive orders in newly-listed Sam- sung Heavy Industries delayed the close, brokers said. The composite stock index stood 0.05 points lower on 920.38. ofTa day high of 932.49. Stocks soared briefly in the early afternoon on news that Kim
        450 words
      • Article
        New Zealand
        253 18 12.98 The New Zealand sharemarket closed firmer, buoyed by gains across the leaders. The NZSE-40 capital index closed at 2.324.91, off its high for the day of 2.330.02 but still 12.98 points higher than Wednesday's close. The dominant movement in the market was the sale by Brierley of
        253 words
      • Article
        Bombay
        69 18 +59.97 Stock prices were steady in late evening kerb deals as market players wanted to limit their commitments ahead of today's end of account in specified shares, brokers said. During the official trading session, prices rose on fresh buying by Indian financial institutions and mutual funds, brokers said. The
        69 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        794 18 Britannia Funds sterling Cash Bid Offer Mim Cap Deposit 38 6400 38 6500 Mim Jersey Gilt 0 1893 0 1992 Mim Mai Income ***** I 1000 ISS Cash Income Plus Fund *10 )000 *10 1500 PS S Reserve Fund 5 2400 5 2500 Slerliag Kquits Euro Performance 0 4592 0
        794 words
      • Article
        London
        613 18 +7.6 SHARES on the London Stock Exchange closed higher yesterday, buoyed by the German Bundesbank's decision to cut its key discount rate by half a percentage point. The blue-chip FTSE 100-share index closed at 3.425.3 points, up 7.6 points. The narrower FT3O index was at 2.633.6. up 1.0 point.
        613 words
      • Article
        Paris
        142 18 16.86 French shares closed higher on the back of the surprise casing by the Bundesbank as operators scrambled to cover short positions, traders said. Some operators expect France to resume its policy of cautious cuts, possibly as early as next Monday's central bank repo tender. The CAC-40 index closed
        142 words
      • Article
        Frankfurt
        195 18 +35.73 German post-bourse share prices continued to rise on the back of the Bundesbank discount rate cut, led bv sharply higher DAX futures prices. Traders were increasingly concerned about prospect of major profittaking. The Ibis DAX index stood at 2,170.98. up 42.26 points from DAX session close and up
        195 words
      • Article
        Brussels
        160 18 +3.8 Belgian stocks rebounded from early losses and arc likely to keep climbing following larger than expected interest rate cuts in Germany. Belgium and the Netherlands. analysts said. The Bcl-20 index of blue chip stocks rose 10 basis points in the minute after the Bundesbank cut its discount rate.
        160 words
      • Article
        Milan
        118 18 +247 Italian stocks gained strongly after the Bundesbank cut its discount rate, raising hopes that the Bank of Italy will follow. The blue chip Mibtel index ended up 2.3 per cent or 247 points at 11,018. It rose 39 points on Wednesday and fell 60 points the dav before.
        118 words
      • Article
        Amsterdam
        272 18 1.3 Dutch stocks closed higher as interest rate cuts in Germany. the Netherlands. Belgium and Austria fueled buying interest for a large number of stocks, traders said. Financial stocks like ABN Amro Bank and cyclical shares like Akzo were among the biggest gainers, while KLM Royal Dutch Airlines continued
        272 words
      • Article
        Zurich
        236 18 +22.62 Swiss shares ended firmer after the market was boosted by news the German Bundesbank had cut its discount rate and on positive US-inflation data. The SMI index of leading shares ended 38.8 points firmer at a final 3.072.2. The all-share SPI rose 22.62 points to a final 1.948.10
        236 words
      • Article
        Johannesburg
        322 18 +84 Foreigners encouraged by new political developments piled into South African shares and dealers said the market could still go a lot better. Strong early buying was sparked by the overnight news of constitutional concessions aimed at securing the Freedom Alliance's participation in the April election. The overall index
        322 words
      • Article
        Toronto
        279 18 14 Toronto stocks rose early yesterday with modest gains across the board led by stronger financial services. conglomerates and communications. However, traders said the market remains hesitant ahead of the Feb 22 federal budget. The TSE 300 composite index gained 14.00 points to 4,438.80 in turnover of 18.92 million
        279 words
      • Article
        New York
        840 18 +9.29 The Dow Jones industrial average was ahead 9.29 points to 3.946.56 at 11 am EST yesterday. The blue-chip indicator was up about 20 points earlier. The key barometer got an extra lift from Dow component Boeing for the second straight day. Boeing, the second most active big
        840 words
    • Article, Illustration
      Lock icon HONGKONG
      2995 19 Reuter HONGKONG Share prices closed sharply higher after a day of roll-er-coaster trade, as heavy futures trading dominated a thin stock market yesterday, brokers said. The blue-chip Hang Seng Index ended up 152.44 points, or 1.43 per cent, to 10,786.58 after swinging widely between a 185-point gain and a
      Reuter; Source: Bridge Info  -  2,995 words
    • Article, Illustration
      CHINA
      500 19 MARKET turnovers in Shanghai and Shenzhen remained slim yesterday as investors were still on the sidelines. The CLSA Shanghai B Index gained 2.13 per cent to 923.58, mainly attributable to Dajiang's strong technical rebound of 16 per cent. Phoenix Bicycle finished up 8.3 per cent while Dazhong has accumulated
      500 words
    • Article, Illustration
      Lock icon TOKYO
      2520 19 Reuter TOKYO Tokyo shares ended weaker but off lows as arbitragelinked buying kicked in at the close. Shares are seen remaining weak until the Clinton administration decides whether to impose punitive tariffs on Japanese imports after the collapse of last Friday's trade talks. The Nikkei Stock Average closed at
      Reuter; Source: Bridge Info  -  2,520 words
    • Article, Illustration
      Lock icon BANGKOK
      1779 19 Reuter BANGKOK Thai stocks closed up 16.09 points to 1.445.20 after a volatile afternoon session. Trading volume was moderate at 12.27 billion baht. The market ended the morning at 1.450.53. up 21.42 points, but gradually lost strength, hitting a low about 10 minutes before the close at 1.438.68. Analysts
      Reuter; Source: Bridge Info  -  1,779 words
    • Article, Illustration
      Lock icon JAKARTA
      1150 19 Reuter JAKARTA Share prices dipped in slow afternoon trading yesterday on bearish sentiment across the board, brokers said. The official index dropped 10.11 points to end at 564.69. "We were not clear on any fundamental reason for the correction. It could be because of the long queues for upcoming
      Reuter; Source: Bridge Info  -  1,150 words
    • Article
      CLOB INTERNATIONAL
      2791 20 MOST ACTIVE vo<urm Sn Haitamas «.499.000 AMDB 50c 6.272.000 Renong Bhd 50c 4.028.000 ICB Corpn TSR 2.980.000 Idm Hvd 50c 2.769,000 Promel 2.591.000 Kamunung 50c 2.449.000 Faber Croup 2.355.000 1GB Corpn 50c 1.810.000 Saieras Res 1.678.000 General Corp 1.586.000 Johan Hldgs 50c 1.581.000 Tan Chong 50c 1.300.000 MOCT
      2,791 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Sentiment dampened by Bank Negara's move
        5869 20 Bernama KUALA LUMPUR Share prices here closed lower yesterday after fluctuating within a narrow range. Analysts said the market was dampened by the latest Bank Negara ruling to curb inflow of speculative funds. The Emas Index of all main board shares ended 3.60 points
        Bernama; Source: Bridge Info  -  5,869 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7155 21 MAttBOAUP jfraijactfcri date: Feb 17 Gr Gr 1993/94 Last Vol Day Last Qwit Di» Di> VM N« M Cap High In Coapaay Sat* (TWO) High Lo«% Bayer Seller C*»r P/E Snail INDUSTRIAL ANO COMMERCIAL 1440 260 l Acma 1150 20 40 1150 1120 1150 1160 12.5 2.1 1.1 49 8
        7,155 words
      • Article, Illustration
        Lock icon Turnover hits six-month low as investors stay away
        1865 22  -  By Paul Leo SINGAPORE The Singapore stockmarket was mixed yesterday with both institutional and retail investors sidelined in the absence of fresh factors. The Straits Times Industrials Index edged up 1.63 points to close at 2,343.01, after trading in a. narrow 10-point
        Charts by Bridge Info; Source: Bloomberg  -  1,865 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      467 13 NEWS VALUE How today's ne*s might affect your stocks Japan to announce new package of market-opening measures (pg 1) Markets likely to take the cue from Washington's reaction. Regional markets mixed (pg 1) KL market expected to focus on the Sabah election, Hongkong on the colony's banks' meeting, and Singapore
      467 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      110 14 BREAKTHROUGH wishes all clients and friends ts; ■■Pr 7 Tufl First agency to make it to Hawaii in record breaking time! (Qualified for 20th Summit Cub Convention 1995 for both FYP and cases) Also First Agency to qualify for: 15th Summit Club 1985 New Zealand 16th Summit Club 1987 New
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      Page 14 Advertisements Column 2
      279 14 B U SINESS TIMES TOLL-FREE TEL No 1-800-7*l-1 ag3 FAX 7*l-1296 IN THE HWH COURT OF THE REPUBLIC OF SINGAPORE f* ni SMI I. ,1 ,i i, 11^ LOfTipifitt mooing up No. 144 Of IMI In *te Matter of *ie Compariee Art, Cop. SO and In the Mi Mai of
      279 words
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      Page 14 Advertisements Column 3
      94 14 Uuc&i/z&. A sumptuous experience. Dishes exquisitely prepared and served to you in elegant surroundings. \iy^Music. Reminisce as we play the evergreens, at a restaurant with a difference. And the world at your feet. At such a height, you'll like the feeling and, of course, the view. M si PfflAOf 1
      94 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      483 17 KUOK (SINGAPORE) LIMITED 5550,000,000 FLOATING RATE NOTES DUE 1998 In accordance with the provisions of the Notes, notice is hereby given that for the six-month period from 14 February 1994 to 15 August 1994, the Notes will carry a rate of interest of 4.625 per cent per annum with an
      483 words
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      Page 17 Advertisements Column 2
      29 17 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. I Find the right I distributor for your product
      29 words
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      Page 20 Advertisements Column 1
      47 20 SINGAPORE BusmessTimes WE KNOW ASIA Address Mail or fax this form to: Postal Code: Customer Relations Section Circulation Department Singapore Press Holdings Limited 82 Genting Lane Occupation Fax jSjg I News Centre Singapore 1334 m Tel: 1800-749 2577 Fax 744 4875 Tel: (O) (H) M BTfomr*W7ol9« I
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      Page 20 Advertisements Column 2
      0 20 )(!-~=?>$[|{^,?]`-;;)~(~,%&*%|\
      0 words
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  • Page 22 Advertisements
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      114 22 TOLL-FREE TEL. No. 1-800-741-1883 FAX 741-1238 All of these securities having been sold, this announcement appears as a matter of record only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities. New Issue February 1994 Canadian $1,250,000,000 Ontario Province of Ontario (Canada) 7%% Canadian
      114 words
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      Page 22 Advertisements Column 2
      149 22 M THE MATTER OF THE COMPAMES ACT. CAP. SO AND M THE MATTER OF APPLIED MOTION PROOUCTS (S) PTE LTD (In Members' Voluntary U|uldaßon) NOTICE IS HEREBY GIVEN THAT pursuant to Section 308(2) ct tw Companas AcL Cap 50 the Fral Meeting of Members of the abovenamed Company wit be
      149 words
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      Page 22 Advertisements Column 3
      449 22 IN THE MATTES OP THE COMPANKS ACT CHATTER* AND uutyTTßnn savictm ltd AiiGeeeralMoeaagof Kile-Dry Timber Service he Ltd. My oar wd ad hdd m No. I North Bridge Reed SIO-OMT7 High Seas Caae. SagapareoM7 ea Tifc Febnury 1994 the MM* ipccial fealetae mm RESOLVED: TW fte caapay he eweed mp
      449 words
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      Page 22 Advertisements Column 4
      343 22 IN THE MATTER Of THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF SANG-FROID PTE LTD (In Member* Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act. Chapter SO. that a Final General Meeting of the abovenamed Company win be held at 9 Penang
      343 words
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  • Shipping Times
    • Article, Illustration
      PSA handled 15 per cent more cargo last year
      403 23  -  By Rahita Elias SINGAPORE The amount of cargo handled at Port of Singapore Authority gateways rose 15 per cent last year to almost 274 million tonnes. By comparison, the Port of Rotterdam handled 282.2 million tonnes. Both ports followed a common
      403 words
    • Article
      Lock icon Taiwan ministry suggests direct shipping links with China
      216 23 AFP TAIPEI Taiwan's Economics Ministry has suggested that direct shipping links be established with China across the Taiwan Strait to help turn the island into an Asia-Pacific business hub. officials said on Wednesday. "We have drafted measures to develop Taiwan into an
      AFP  -  216 words
    • Article
      Lock icon Princess Cruises fined for dumping trash
      206 23 Reuter ANCHORAGE, Alaska The US Coast Guard has fined Los Angeles-based Princess Cruises U5525,000 (5539,500) for a 1992 trash-dumping incident in the Gulf of Alaska, the agency said on Wednesday. The agency was tipped off by a passenger on the Dawn Princess who saw
      Reuter  -  206 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1120 23 Page Col ABC Containerize 12 S 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
      1,120 words
    • Article
      Lock icon P&O considers Portsmouth to Bordeaux service
      464 23 Reuter LONDON P&O European Ferries said on Wednesday it was in talks with the authorities in the Bordeaux region about starting a ferry service from Portsmouth, but the company stressed the discussions were still in a preliminary phase. "Bordeaux is one of the options
      Reuter  -  464 words
    • Article
      Lloyd's Register sets up rep office in China
      280 23 SINGAPORE Londonbased classification society Lloyd's Register has boosted its presence in China in anticipation of a shipbuilding boom there. Lloyd's has set up a representative office in Shanghai, to be run by Singapore country manager Charlie Foo who will move at the
      280 words
    • Article
      Fire at Jurong Shipyard: committee of inquiry set up
      148 23 SINGAPORE A committee of inquiry has been appointed to investigate the cause and circumstances of last week's tanker fire at Jurong Shipyard. According to a statement issued yesterday, the Minister of Labour has appointed District Judge Ibrahim Burhan as chairman of
      148 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        618 24 Vesstl Voy No Berth Arrival Dqurturt Vessel Voy No Berth Arrival Departure Jurong Port Bass Reefer 18 SB P096 18.02/1800 20.02/1800 Batam Murni 02/01 94 12 alongside 18.02/2300 Batam Speed ****** P01A 17.02/1900 17 02/2300 Fareast Progress J12 alongside 18.02/1400 Batam Speed ****** P01A 18.02/1900 1802/2200 FGA
        618 words
      • Article
        CONTAINER SCHEDULES
        1594 24 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Book in{/Balance Rstts Ship Voy No Etb/Btr Period From To From Ac» Daisy 049A 19/0700 1 17/1500 17/1659 17/1900 3 18/0700 18/1159 18/1400 Ac» 0468 18/2000 1 17/1500 17/1659 17/1900 2
        1,594 words
    • Article
      THE SHIPPING GUIDE
      11354 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 Pcnang after
      11,354 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      567 39 Carton Carton 10 Density Water Residue Ash Alunwun Sadnxnt Density Water Residue A* Nunraan Swftnant 1 M/M M/M Exxon Exxon KG/KT3 V/V M/M M/M PPM method KG/IT3 V/V M/M M/M PPM method 80/Canac Unto Spec E25 991 1.0 15.0 0.10 30* 0 10* 180 Ave 984
      567 words
    • Article
      DAILY FREIGHTS
      1117 39 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1.148 on Wednesday from 1,154 on Feb 15. Rates have slipped on the key US Gulf to Japan run with a 1993-built ship fixed at U5520.15 with combination port discharge, brokers said. Continental Grain was said
      1,117 words
    • Article, Illustration
      Lock icon An old-timer's survey
      1328 40  -  Charles Foo talks to Rahita Elias about the good old shipping days and his forthcoming challenge as Lloyd's Register's senior principal surveyor in China Rahita Elias CHARLIE Foo's voice takes on a wistful note as he talks about the good old days of shipping. "People used to
      Photo by Chris Loh  -  1,328 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Future of loss-making Air France up in the air
        643 42 FT PARIS Make or break time is fast approaching for Air France. Decisions taken over the coming weeks at the company's headquarters and government offices in Paris, and at the European Commission in Brussels, will determine whether the loss-making state-owned carrier
        FT  -  643 words
      • Article, Illustration
        Coming: ads-in-the-sky for Indonesia
        242 42 SINGAPORE An advertising blimp will soon be flying over the bustling Indonesian cities of Jakarta, Surabaya, Bandung, Medan and the teeming beaches of Bali. The US$2.5-million (553.9 million) blimp, a Lightship A6O Plus, is under construction in the US and should make its maiden flight over
        242 words
      • Article
        Lock icon Saudi order timely for struggling McDonnell
        450 42 AP LONG BEACH, California Saudi Arabia's plan to buy US$6 billion (559.5 billion) of jetliners from McDonnell Douglas Corp and Boeing Co will perhaps keep Douglas from failing and is likely to save the 11,000 remaining jobs at McDonnell's struggling Douglas Aircraft Co division
        AP  -  450 words
      • Article
        Lock icon Hongkong confirms Townsend as chief of airport authority
        349 42 AFP HONGKONG The Provisional Airport Authority (PAA), set up to build and run Hongkong's new airport, confirmed on Wednesday the appointment of Henry Townsend as its chief executive officer. Mr Townsend who has been running the PAA on a one-year secondment from
        AFP  -  349 words
      • Article
        Lock icon Regions unsafe for flying
        151 42 Reuter WASHINGTON An airline passengers group on Wednesday identified several regions of the world it viewed as "dangerous" and urged air travellers to try to avoid them. The International Airline Passengers Association listed China, South Korea, all domestic flights in India, all nations in central Africa,
        Reuter  -  151 words
      • LOG BOOK
        • Article
          Lock icon S Korean firms bid for rail car orders
          110 42 Reuter SEOUL Three South Korean companies said on Wednesday they were placing separate bids to supply railway carriages worth obout US$65O million (Ssl billion) to Malaysia and Taiwan. Hyundai Precision Industries Co Ltd, Daewoo Heavy Indus, tries Ltd and Hanjin Heavy Industry
          Reuter  -  110 words
        • Article
          Lock icon Turkish Airlines sets issues
          80 42 Reuter ISTANBUL Turk Hava Yollari (THY) said on Wednesday it would boost capital to 5.5 trillion lira from 2.5 trillion, by issuing 1.5 trillion lira in rights and 1.5 trillion in bonuses. Every five THY shares entitle holders to one right and one bonus share, the
          Reuter  -  80 words
        • Article
          Lock icon JAL to fly to Bali from April
          96 42 Reuter TOKYO Japan Airlines Co Ltd (JAL) will extend its service to Bali from April 1 in view of an increasing number of Japanese tourists to the Indonesian island, a company spokesman said on Wednesday. JAL currently operates Narita-Jakarta flights daily and does
          Reuter  -  96 words
        • Article
          Lock icon Mayne to buy out French logistics firm
          102 42 Reuter MELBOURNE Transport and communications group Mayne Nickless Ltd said on Wednesday it has increased its stake in French logistics firm Transports Rousseau SA, to 100 per cent from 24 per cent, for an undisclosed sum. Managing director Bill Bytheway said the acquisition
          Reuter  -  102 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1384 42 ag n» ETA nw rro^ A*a DfcaM GA970 2240 GA928 2355 GA976 2359 AMaMa QF81 1930 QF82 2050 SQ227 2230 tatMM KL843 0745 KL838 2335 KL837 1540 SQ26 2355 SQ323 1815 GA976 2359 Mttm SQ348 2250 Aacklaad IMZ35 1645 SQ285 2045 SQ288 2035 BA12 2200 Bahrain
        1,384 words
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      18 23 REGIONAL ANALYSIS Every Wednesday in Business Times Future of loss-making Air France up in the air, Back Page
      18 words
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      Page 23 Advertisements Column 2
      20 23 Llm« and MrvkM nfrtwaM M«wb«rs of Km Registry of Accroditod (fr^iV Singapore Shipfor advertising enquiries, contact Shipping Tmes: Tel 740-2089/740-2090
      20 words
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      Page 23 Advertisements Column 3
      191 23 THE FAMOUS CiusoPi ■ngiinii *****33 For more information please refer to Pf. 15 ASIAN k AEROSPACE' 94 A BT special supplement February 22,1994 The world's aerospace industry has flown through rough weather lately. Pinched by intense competition and global recession, the industry has cancelled and delayed aircraft orders. For their
      191 words
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      Page 23 Advertisements Column 4
      5 23 An old-timer's survey, Page 18
      5 words
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      453 24 TSKLINE AGENCIES (S) PTE. LTD. f I |Z W ¥%TTI Tel: 226-3363 M. JLLWIi Fax: 226-1972/3 Okfv 7 T| X: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I 100TKMC w wi. I«»I| »I«| W m no w "Wl ACX WOtET 0318 16.02 **16.02 11.02 22.02 2102 21.02 04.03
      453 words
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      Page 24 Advertisements Column 2
      1481 24 Tp VM y ffl T I TO EAT MOtTMKAHW tmx COWTA—» MIMOn I Bc_l_inEJ—LB——2M 83 28 B9L— IBWlflfl _J2K M H"CT *s® «o» sf« dmktta hukib* btmm* uuiw aw*Tpis7 kht* m* iSH CALIIORNM SATURN 43 23 24 2I1?3 I 14 J 16 3 17 3 15 3 IS 3 16
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      2353 25 am OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SDN. BHO. TEL: *****13 FAX: *****42 PETALING JAVA TEL: 03-*****76 FAX 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) RENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 jl? BOOKINGS TEL: *****60 *****81/ *****82 IPOH TEL: *****3/4 FAX: *****6 CFS (PSA F5)
      2,353 words
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      Page 25 Advertisements Column 2
      1928 25 FRANCE/ITALY/PORTUGAL/SPAIN/MOROCCO NEXT AVAILABLE SAILING LONDON MAERSK V.9404 ETA SIN 21ST FEB 94 Voy ETA ETD FmMtw) By S «TA* «TA** r gr» DESTINATIONS MAJESTIC MAERSK V 9404 22/02 0600 HAS CES 21/02 23M HRS JOH LPK PEN OAK LGB SEO MEM ATL MIA CHS BAL PHL NYC TOR MAJESTIC MAERSK
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      1580 26 AQABA R OAM/1 [1 ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JEO) S TON H'BURQ HAVRE MALAYSIA LA SEINE 34/107 23/2 12/3 15/3 13/3 Port K^ang^Jnang KAI 06/306 24/2 S/3 11/3 13/3 H/3 16/3 20/3 Paalr Gudanfl HOECHST EXPRESS 13/307 26/2 7/3 14/3 16/3 19/3 21/3 23/3 9
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      572 26 FCL Break bulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder In Kabul (or all services C.I.S.- Voetochny, Vladivostok, Moscow, Tashkent, Kisv, Minsk, Rigs, Bsku, Irkutsk, Alms Ats North Korea t Vietnam e Mongolia e Hungary VESSEL sin dkr CQM Normandie V 2014 17/2 22/3 Ned Europe V 2024
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      1226 26 1 norasTzT SI CAVALER 40CN 28/02 11/0J 14/03 15/03 15/03 18/03 17/03 18/03 18/03 20/03 NORASM SAMANTHA 9407-3 24/02 18/03 23/83 24/83 28/83 21/03 22/03 23/03 24/03 25/03 I NORASIA SUSAN 9408-3 03/03 23/03 28/03 27/03 27/03 28/83 29/03 33/03 31/03 01/94 I NORASIA Wm 9409 3 09/03 30/03 02/04
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      1768 27 STRAITS SHIPPING PTE LTD 10 Hoo Chiang Road #11-01 Koppol Towers Singapore 0200 Id: *****88 Fax; *****17 new guinea pacific line jqffgg (A SERVICE OF CHINA NAVIGATION CO) cmgo due sails amim STRAITS P*ȣ VO3E KK. Skan. Taw 16-17 Fab hP H Fab FCL, LCL CONTAMCR AND MEAKBULK MftVICC TO
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      Page 27 Advertisements Column 2
      3054 27 *-»r> y-, SINGAPORE AGENT: VXtI 1 1 AfltQltlAl*C p& Containers (Singapore Agencies) Pte Ltd V M. kAV/ VJvlllCllllvl 9 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 ■r Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 V CR Number: **********0Z EXPORT IMPORT VESSEL VOV -WW -PKO
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      596 28 i|K EKA JAYA AGENCIES >3l|r TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE r~MYANMAR THADg PAGER HANDPHONE/DWgCT~| MAMOJ HO CHI MINH CITY IMB hoe mem 727*2t/M4i»« MUM CHAN 2HOMS >*****2/*****13 TO MYANMAR/YANGON SEMI CONTAINER SERVICE jjQfcjjjjj[7 M OCEANLINES VSI/WY stow TBW 21/? 5/3 13/3 IYANGON GEN. AGENT: MYANMAR
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      Page 28 Advertisements Column 2
      1793 28 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FDR VSI SM lUK HAUL SEA VW PD* FW Wl S ILME HAU. SAV 1M NYC HAfUN FELIXSTOWE 0201 18/2 H LEHAVRE 025£ 10/3 11/3 12/3 HANJN FUIXSTOW 0201 18 2 HAIUN TOKYO 0011 24/3 25/3
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      Page 28 Advertisements Column 3
      1493 28 d ■iri*n3^n^ Imi isc *c uc m mi oa Kt sw m ui cw bk ntciw m hi tw iw m ch nu I t gentry kou mi 23/2 mi m 4/j 7/3 1/3 u/j u/j u/j 12/1 M/J «/< 1/4 n/« jo< u /s m/j E. fIORY M-Otl 1/3
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      2257 29 sex: 'CALIFORNIA SATURN 63E' eta sgp 23/02/94 H II gCg II ARRIVING LOS ANGELES 12/03/94 IN 16 DAYS HI II II AEX; OCEANUS OSAKA 32E' ETA SGP 24/02/94 II ARRIVING NEW YORK 20/03/94 IN 23 DAYS HI EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC —US QULF —PWTir usee
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      Page 29 Advertisements Column 2
      1057 29 A I MULTILINE SHIPPING PTE LTD W (a member of SMSOV Group) CR NO: **********0 C ENQURES: *****33 f —N. BOOKWGS: *****64, *****51, *****31, *****13 < > BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 Jfrv BIASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE MSURANCE: *****87
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      1018 30 Ktfc —i f« AS AGENTS "K" LINE (SMGAPOM) HE LTD (CR lit: **********011) w T E L: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I Tmi MALAYSIA: "X" UNI MARITIME (MALAYSIA) SON IHO TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SARANA LAUTINTERNUSA. EL JKT
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      Page 30 Advertisements Column 2
      227 30 lAHmnemw ra&vic Shippmg TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU STORE PK LOADING FOR MALBU SLD SLD FLU/ROT/ANT/UK SKIPPER N SLD SLD IN PT FLU/ROT/ANT/UK/ BELFAST SEA CONCERT 2S/2 4/3 6/3 FLU/ROT/ANT/UK Loads Sabah/Moncsu C R NO. **********0H CONTIPAC SHIPPING PTE LTD T»l: *****32 Fax: *****49 P.K. MULTIPORT SDN BHD. TEL:
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      Page 30 Advertisements Column 3
      385 30 foong sun V SHIPPING (PTE) LTD. WHOLESALE CENTRE, BLOCK 1, #03-10 SMGAPORE 0511 BOOKING/ENQUIRIEB CR MO: 1096M*****W TEL: *****55 (i?i«s OUTBOUND) *****77 6IMS-INBOUND FAX: *****16 TELEX: R3 *****/***** FSBHIP VESSEL VOY ETA [TO OESTMATION SUN RAY 3/94 24/2 26/2 PIAAJ PALEMBANG SEAMAR 3/94 24/2 2C/2 PONTIANAK/SMTETE SUN MY 3/94 24/2
      385 words
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      Page 30 Advertisements Column 4
      828 30 ®APPENSHIP /2\ HAMBURG ITT) CONVENTIONAL ft INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS loadmg torts discharge loading for UNISON ANTWERP 52 94 113.94 INZHENER PARKHONYUK TARRAGONA 74 94 HONESTY HAMBURG 22.2.94 29 3 94 HARMEN OLDENDORFF HAMBURG 18.2 94 25.3.94 KOALA CONTAINER LINE STORE FIX
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      Page 30 Advertisements Column 5
      286 30 Ar*-, GOLDEN LINE 1/gJV guan gum shipping < PT *> ltd 1 23. T«M Amr Urttt SMGtfOH (104 IE ***** M (10 LMES) Fn *****04 (C« No lomssooootf) imm/HMuw ooiF imtict S pore P Kelang Penang SOLDO! HMtKSI Kjr*d>c Dubai 23/24 Feb TMOt BUCI Karachi Dub* i/( Ma> I CHINA
      286 words
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      1025 31 \SSSjfllf PACIFIC INTERNATIONAL LINES (PTE) LTD I SsSSSsSs Cecil Street, #03-00 PIL Building, Singapore 0106. I in CR NO 100e*****00E VESSEL VOY SIN BKK SIN VESSEL VOV SIN JKT SIN KOTA SURIA SRO6N 20/2 23/2 27/2 MAJAPAHIT 4171 20/2 23/2 27/2 ftAmiyFP -.V??. ~BUNG A TERATAI 4583 22/2 2S/2 1/3
      1,025 words
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      Page 31 Advertisements Column 2
      1321 31 |g£^|g||j|M^M ICSSEIS WT sm wwc AOITCTDAM AHTWEKT THMBS U HAIM HAIBA CAMS* 7332W 20/02 IS/01 17/03 10/03 10/03 20/03 WIU Pt ag> 7032W 77/02 10/03 20/03 21/03 22/03 23/03 Will W agjjU 7532W 00/03 01/04 03/04 04/04 05/04 04/04 Witt D-HTPOA 1212* 00/04 10/04 U/04 12/04 13/04 •Also ACCIPTMG CAMO
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      Page 31 Advertisements Column 3
      397 31 BSfl P M MYANMA \BHMk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KI| Pen P.Gdf lASHKS VI64R ki Port trt ui Vl99* 21/23 Fab PAGAR V2OCW 11/20 F«t> MALATSM ME NTS BOUSTEAD 9VTK AGENCES Kll TO. 03 *****00 1*1: TEL 03 341*767 KM: IE 04
      397 words
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      1058 34 -+~_'{$@`)$><,&:'{..`-;='>,:_[@ /&IMORBUI-l*V I NORBULK CARGO SERVICES LTD. 1 I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOD SERVICES TWA 25/2 IMN/FLU/ANT/UK I NB-TBH 10/3 20/3 ROT/MIT/UK I ISP PK LOADMG FOR I NORBULK TBN 10/3 DBN/CT/EL I ALSO LOADS TQ MAM AND KK I PK SWK/SABAH LOAOMG FOR NORBULK NAMR 28/2
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      Page 34 Advertisements Column 2
      182 34 TO AUSTRALIA/NEW ZEALAND |"*5 Sta fnm IM Sr4 Aack f. Ctatei"| c. vewxjc 124 57T "iiTi" ~i775~ ~2«75~ ~»75 5575 MTmvtN ui 5175 ii/ 5 1575 wi ELLEN HUM Hi 12/4 li/4 24/4 27/4 575 575 nussx m 575 5/5 575 5575 1775 5575 MA AUCKLAND TO USA/CANADA 55 S
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      604 35 FAMOUS CONTAINER LINES —10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 9 HOT LINE: *****33 (24 LINES) IFAMOUS CFSI IARE MQVXNGI NEW ADDRESS: \~--*£rJrn FAMO|US^FREIG HT FORWARDING y fjtjSzA BLK 517, KEPPEL DISTRIPARK KAMPONG BAHRU ROAD i SUPER EXPRESS SERVICE TO SEA lAL SHIPPING AGENCY (S) PTE LTD 180
      604 words
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      Page 35 Advertisements Column 2
      1043 35 f j*y miHMMMti—a rrr Ij B 3- ——T *r f voy sin >3 SIRI BHUM 308 Sat H/2 Tlx 22/2 5 *mn Kl VESSEL VOY SIN BKK BHATRA BHUM 17S Sal 1»/2 Wad 23/2 1 !L Wr% If«. n...... 5? n —7- 1 TMANA BHUM 21N Fri In PI Sun
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      Page 35 Advertisements Column 3
      670 35 Guaranteed Sailings to: BANGKOK *LAEM CHABANG JAKARTA PORT KELANG •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINATIONS Pi^—Mil I S RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN
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      1694 36 MAC-NBLt SPORE: *****22 (24 UNeS) (PANAMA] V W X 'cmnrnmmnmm SIBU (064) *****® KUCHJNQ (062) *****3 PENANGfc (OA-*****6 BANGKOK (662) *****57 MANILA (832)*****61 P.KELANQ: *****77 JAKARTA (21) *****07 SURABAYA: (31) 20T680 HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 18/2 19/2 20/2 Hont Konf Genoa/Barcelona 22/2 23/2 24/2
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      Page 36 Advertisements Column 2
      995 36 I Jk THONG SOON LINES PTE LTD 1 I CVcN 78 SHENTON WAY #10-01, SINGAPORE 0207 I I V/ V/ TEL: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK KSttl w S PORE DEST VESSU VOT s7o»T" PEST EQUATOR JADE
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      588 37 WgV EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAKBULX SOC CARGOES TO/FROM ROK. YOKOHAMA NAGOTA. MOI. TOKYO*. MANIA* (MMAO*. Penaif* P. Keianf Singapore E'Msia* KAMALEVERETT VI9E In Pt/19 Feb SHAPtAEVERETT VI9E 25/26 Fob IVYEVERETT VBE 01/02 Apr ACCEPTING BREAKBU.K/FCL/SOC CARGOES TO/FROM CUTTAGONG, CALCUTTA AND MONGIA Sinfapore P. Kelanj 3
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      Page 37 Advertisements Column 2
      302 37 Ife GLORY NAVIGATION GROUP 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 VII 18/2 20/2 22/2 27/2 GLORY SELATAN V 15/2 22/2 25/2 SP PKL HCM HK KAO GLORY SELATAN IX 29/2 30/2 •ALSO
      302 words
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      Page 37 Advertisements Column 3
      550 37 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE vessel aw™ karacm*""* MAKRAN 14S HW 27< 0? 0« 03 HYOERABAD 127 HW IS/03 24 03 MHW 139HW 25/03 03 04 SARGOOHA 14Q-HW 04/04 13/04 FAR EAST CONTAINER SERVICE ONLY VESSEL VOY *SM HUG BSN I OS* 1 NAG I TOK"~"
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      Page 37 Advertisements Column 4
      664 37 iLIUHSIIIMIiiM FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/CAPETOWN/ LAGOS/P. ELIZABETH VESSEL SIN DURBAN CPT LOS P ELIZABETH VI HE/96 26/02 09/02 14/03 21/03 27/03 SHUNHE/10l 11/03 2S/OS 27/03 04,04 14/04 TAO HE/82 26/03 10/04 12/04 09/04 29/04 JIAN HE/82 11/04 25/04 27/04 OS/OS IS/OS ACCEPTS CARGO TO JOHANNESBURG PRETORIA VIA
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      Page 37 Advertisements Column 5
      236 37 SIN FAR EAST 22/02 KEELUNG/KAOHSIUNG 26/02 BANGKOK 20/02 MANILA/CEBU 26/02 JAKARTA/BELAWAN/SURABAYA 21/02 PORT KELANG/PENANG/E. MALAYSIA 20/02 BUSAN 20/02 TOKYO/YOKO/KOBE/NGO/OSA 20/02 HONG KONG S[N CHINA 20/02 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DAL lAN SHAN GHAI XINGAN G TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo Si EUROPE/UK 22/02 LDN/FLX/LVP/SOU 22/02 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech.
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      Page 38 Advertisements Column 1
      813 38 Handling System Co. Fte. l td. 136 138, Neil Road, #03-00, Singapore 0208 TT7 r?7 M CFS-20, Gul Road, Singapore 2262 Tel: 02-*****28 mm Handling System Co. Sdn. Bhd. N0.9 I.orong (unuah. 42(KH) Port klang, Malaysia 24th Floor, L'MBC Main Building, *****) kuala Lumpur, Malaysia Handling System (Hk) Co. Ltd.
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      Page 38 Advertisements Column 2
      460 38 y Conform CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 27 FEBRUARY (Accepting to all N«w Zealand porta) PENANG 29 FEB JAKARTA 20 FEB PORT KLANG 25 FEB BANGKOK 20 FEB I MANILA 20 FEB MELBOURNE 29 FEB SYDNEY 25 FEB FREMANTLE 27 FEB BRISBANE 01 MAR ADELAIOE 26 FEB I GOTHENBURG
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      Page 38 Advertisements Column 3
      544 38 i Next Week's Sailings Singapore I ETD II To: ETD H^KR?arded Singapore Singapore iso 9002 BV lrqa every every Bangkok SUN Jakarta SUN CD, EVERY EVERY Manila SUN Ho Chi Minh FRI S]| EVERY EVERY Colombo TUE Limassol THUR I l| A MTEKIUTIONAL SEA FREIGHT FORNARONG M% Tel: Fax: LOGISTICS
      544 words
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      Page 38 Advertisements Column 4
      155 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 FCL 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
      155 words
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      1272 39 0 rfyfTTT CRYSTAL FREIGHT SERVICES PTE LTD ifinHL. js.'sr"""''" 3$ Mwinm l iwanuM/wnuml BHff BANGKOK 20/2 AUCKLAND 25/2 ANTWERP 21/2 BUSAN 22/2 ADELAIDE 4/3 FELIXSTOWE 26/2 HONQ KONQ 23/2 BRISBANE 3/3 HAMBURG 21/2 JAKARTA 22/2 fREMANTLE 20/2 ROTTERDAM 21/2 keelBng a H;I RNE is;i KAOHS'UNG 24/2 OTHwI POfVTt MANILA 20/2
      1,272 words
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      Page 39 Advertisements Column 2
      204 39 tfgjs CEYLON SHIPPING (ORPN National line of Sri Lanka CONTAINERISED SERVO TO UK AND NORTH CONTINENTAL PORTS TST TrTa^Hs^s^Tl^igsrrsM ggUWBB 71UW V/C »'/M M/M M/M B/M N/U wwoowm tun ti/n n/u m/h m/m i?/m w/m u/m umbo a—a raw u/k n/w ivw u/m p/m i«/si MUKCMRA TtVW 21/K lt/U »/M
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      Page 39 Advertisements Column 3
      295 39 CC 0 N D O R LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.25 FORTS VOY MONTEVRKOI BUENOS OUHBAN JAKARTA rTwaAFOwTIMONS KOWSI KAOOBMRSA YOKOHAMA VESSELS AWES— PtIROOVORSIS EROS MUD MUB MU» T/S B»fe IMID SAMP SAUB 18-18/02 PEKASWST ERO7 lAUB OA 18/02 28/03 12 20/03 28/08 28/o*o2/04 04/04 R KRUPBKATA ESOS 24/08
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      349 40 A VIGOUR PACIFIC LINES nosth pmjpmms nhjl container service VESSEL VOYAGE SINGAPORE MANILA I VIGOUR SINGAPORE 9408N 18/02/94 26/02/94 V'GWR SINGAPORE 9408 AN ?l/p2/?4 26/02/94 H VIGOUR PACIFIC 9409N 25/02/94 05/03 94 FWDAY AND MOMMY poftt Kuuia/i>iMAMQ 28 rijil cwrcAMitTflntvice VESSEL VOYAGE SINGAPORE PORT KLANG PENANG SINGAPORE SOCOL 1 9403N
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      Page 40 Advertisements Column 2
      369 40 G AMY I ON HOLIDAYS WHEN YOU SHIP WITH US /j/Jtsff/ BR, AKBI,LK consolidation srkvices iti: ltd f H| jjll NblUHJbl 37 Ihi Mm I till H2OH It I 22f»»0321.ix 224 T l* v JL 4 r c TITIMAS SHIPPING U TRADING SDN. BHD. KELANG (03)3M045S (H/Um) Fax: W-WOIH the
      369 words
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      Page 40 Advertisements Column 3
      233 40 I -Lcosco UKC CONVENTIONAL gfflH VESSEL PKL PNG P.Q. LOADING FOR: A VESSEL 28/02 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL IS/02 20/02 Huangpu/Guangzhou COSCO FUU- CONTAINER MBSB fFCL/FCL> EXPORT TO: CHINA AMOKOttiT-lOWOK ONO EUROPC/CONTMCNT AL WIST MEDfTERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Pleaae
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  • Page 40 Miscellaneous
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      687 40 TODAY'S TIDES (height in metres) HO* 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1100 1)00 2000 2100 2200 2300 1.5 2.1 2.5 2.1 2.8 2.4 2.0 1.5 14 1.0 O.J 0.9 1.1 1.5 1J 2.0 2.0 1.9 1.6 14
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      1005 41 /HYUNDAII MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 VESSELS WY PHA I PKE PfiD I VESSELS VOY I SIN I RTM MIT* LIU* HAM «&t FU NOR MALACCA 9407 A 14/01 15/02 17/02 H. FRONTER 309* 21/02 11/03 12/03 14/03 13/03 13/03 15/03 HMM ADVANCE 038 A 21/01
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      488 41 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS nssu nt v n ioc u CMC TUMI Ml 11/2 21/2 MUM (17 4/1 1/1 •ALU MU 111 5/1 I/I MUM ST 111 11/1 TIM II 1/1 1/1 MMKt mm mi i/i ii/i suimn m m »/i OUTBOUND VESSELS
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      Page 41 Advertisements Column 3
      845 41 JEDDAH/UK/CONTisEIsTT [STOME lED S'TON mUK ITMM LEH «Im Acctpti* Cap ftr x* W/2 21/2 9/1 12/1 14/1 14/1 S-Hwjlw :toM IK dnMnten. Mni Md CM*. L* SEM 34/147 21/2 12/1 15/1 11/1 Rrtt*4ai :M ai Mlawii AmtvtaK. (Mi HckM HCXCHSI IXPttSS 11/347 34/2 7/3 14/1 19/1 21/1 21/1 firti imlm
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      1 42 v
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      93 42 (\$.|^&(>::``[|!`*.'^[)`/~'*_)@ HjS-T YCH GROUP YCH DISTRICENTER YCH Districenter will open on 21 February 1994. Fully computerised and equipped with the latest state-of-the-art material handling equipment, supporting CFS/CDC/Buyers' Consolidation/ Off-Dock CY operations within the free trade zone. Export LCL cargo will be received at Keppel Distripark from 18 February 1994. Unstuffing
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