The Business Times, 24 February 1994

Microfilm: NL19044
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Thursday February 24 1994 75«
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  • 2am LATEST
    • Article
      Lock icon Dow Jones down 13.01 points
      45 1 Reuter NEW YORK Wall Street stocks remained mixed at midday yesterday, with pockets of strength in auto, airline and some high technology issues, analysts said. At Ipm EST, the Dow Jones Industrial Average was down 13.01 points at 3,898.65. Reuter
      Reuter  -  45 words
    • Article
      Fed may tighten credit if prices rise
      53 1 NEW YORK Federal Reserve Board governor Lawrence Lindsey said the central bank may tighten US monetary policy again if price pressures accelerate. Speaking on television yesterday, he said the January durable goods data would not be considered alone, but against a broader base
      53 words
  • Article
    MARKET SUMMARY
    159 1 Stock market indices Wednesday Change STII 2,423.91 +23.55 KLSEComp 1.141.05 +36.6 Nikkei 19.341.83 -0.80 Hang Seng 10,763.23 +89.22 SET Index 1,430.65 +1.72 Jakarta Comp 551.88 -0.97 CLSA China B ...1,233.59 -4.2 Aust AlljOrd 2,218.9 +16.4 FTSE 100 3,341.9 8.2 Wednesday Previous 1pm close Dow Jones 3,898.65 3,911.66 Average
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  • Article
    Prudent Budget disappoints many in business sector
    1074 1  -  By) Anna Teo SINGAPORE Finance Minister Richard Hu yesterday unveiled a consolidatory Budget that left many in the corporate sector disappointed but which others hailed as prudent and "a people's Budget". The widely-expected cut in the 27 per cent corporate tax rate did
    1,074 words
  • Article
    Ringgit rebounds against US dollar
    525 1  -  Offshore banks relieved by mildness of Bank Negara action From Ho Kay Tat in KUALA LUMPUR THE Malaysian ringgit staged a strong rebound against the US dollar yesterday on heavy dollar selling by offshore banks after a new measure the central bank took against speculators
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  • Article
    S'pore, KL stocks climb higher
    265 1 SINGAPORE Share prices rose in Singapore and Malaysia for the third consecutive day yesterday but other regional bourses were flat. Trading here was quiet with the Straits Times Industrials Index drifting until late buying interest lifted it 23.55 points to close at 2,423.91. Brokers said
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  • Article, Illustration
    SES chairman to quit boards of all listed companies
    284 1  -  By Conrad Raj SINGAPORE In a surprise move. Stock Exchange of Singapore chairman Chua Kim Yeow has decided to step down from all listed companies. An exchange spokesman said yesterday that Mr Chua, 67, will immediately give notice to resign from
    284 words
  • Article
    Jakarta set to end free viewing of 4 US satellite channels
    366 1  -  From Maggie Ford in JAKARTA INDONESIA is likely to announce today that it will scramble the signals of four major US television channels broadcast on its state-owned Palapa satellites, which will end free viewing in the region of networks
    366 words
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      168 1 CO-2239 Removable CO Tuner #itti DSP Sound Processor/CD Changer Control Fujrrsu TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone; *****33 Kuala Lumpur: Phone. 757 0233 Penan* Phone; 615 985/619 014 Jakarta: Phone: *****9/*****8 CONTENTS Spore News 4 fporSrsa* 21.22 fefional News 5.6.8 Financial 25 World News 9 ISjT! 19 cSSS,
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      8 1 The Law Page: Pg 17 Burden of directorships
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      11 1 —xv jgr Hocfi Lock Siew: pg 21 1 Greenspan's reassuring ren&tks
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      4 1 Full reports. Pages 28-32
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      178 1 TfcyP ottom Line: Pg 20 mdictions about world economy THE PRESIDENTIAL COLLECTION. Model President Executive Office System in elm burl with inserts in Mack leather Madrono hurl, ebony burl or other precious exotic woods are available on request. Le Mercier's Executive Office Furniture range includes some of Italy's most prestigious
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      Page 1 Advertisements Column 6
      46 1 /Timna. TOUR 810 EMBODIMENT OF PERFECTION HEAD Available at GOtf HOUSE and otftw Uadmg 90V (hops HOUSt ere oo ■OllirfiH Mi%M,WlinH>l IHIIUXX MHMNi More reports. Pages 2 3 Little excitement in financial sector Boost for property Incentives for regionalisation Editorial: Building for the future. Page 18
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  • BUDGET '94
    • Article, Illustration
      Businessmen feel let down, but grateful for small blessings
      441 2  -  By Lilian Ang BUSINESSMEN hoping for tax breaks to help keep the lid on rising costs were disappointed with what was unveiled yesterday by Finance Minister Richard Hu. Apart from a 1 percentage point property tax cut, which many say will
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    • Article
      Big players expected to gain most from property tax rate cut
      267 2 PROPERTY giants such as the Far East group. DBS Land and City Developments stand to benefit most from the property tax rate cut because of the sheer size of their portfolio. But Finance Minister Richard Hu's move to cut
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    • Article
      Not much excitement but perks welcomed
      567 2  -  Tax incentives for finance industry By Quak Hiang Whai THE financial community was neither disappointed nor especially impressed by the latest tax incentives offered to the industry, which is felt to be already on the right track for strong growth. Some commodity traders were
      567 words
    • OTHER TAX CHANGES
      • Article
        Relief periods for incentive schemes extended
        57 2 EXTENDED wef YA9S from five to 10 years for four incentive schemes: expansion of established enterprises; expansion of service companies; export of services; warehousing and servicing. Otherwise, the incentives may not be attractive for projects with large initial investments. Extensions possible, up to a
        57 words
      • Article
        CPF contributions by self-employed
        28 2 RAISED from 18% to 18.5%, wef YA9S, subject to a maximum of $13,320. This follows the raising of employers' CPF contribution rate to 18.5%.
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      • Article, Illustration
        Duties on motor vehicles and petrol
        55 2 AS ANNOUNCED in the previous Budget statement, import duties will go down from April 1 to nullify the of GST. To meet Gatt rules, import duties will be replaced by excise duties from July 1. Excise duties on petrol will also be reduced to
        55 words
      • Article
        Payment of insurance policy death claims
        26 2 LIMIT for payment of death claims without probate or letter of administration raised from 550.000 to $150,000 from April I.
        26 words
      • Article
        Claim period for procreation benefits
        45 2 EXTENDED from seven years to nine years, wef YA94. This is to benefit those taxpayers who may not. given the GST-related personal income tax rate cut and $700 rebate, be able to claim the procreation benefits to their full extent.
        45 words
      • Article
        Duties on cigarettes/tobacco
        33 2 NO CHANGE as duties were raised last year. To meet Gatt rules, some adjustments will be made to import and excise duties, but the tax incidence will remain the same.
        33 words
      • Article
        Duties on liquor
        33 2 NO CHANGE as duties were revised in 1992. To meet Gatt rules, some adjustments will be made to import and excise duties, but the tax incidence will remain the same.
        33 words
    • Article
      Higher interest for CPF's retirement, special accounts
      382 2  -  By Chuang Peck Ming RETIREES are not forgotten in this year's Budget. Finance Minister Richard Hu yesterday said a higher interest will be paid for savings in the Central Provident Fund's retirement and special accounts. The interest will be 1.25 points higher than
      382 words
    • Article, Illustration
      A characteristically Singaporean Budget
      673 2  -  Commentary by MUKUL G ASHER The writer is Associate Professor in the Department of Economics and Statistics at the National University of Singapore THE 1994-95 Budget presented by Finance Minister Dr Richard Hu yesterday is a characteristically Singaporean Budget in that it is confident, fiscally conservative
      673 words
    • Article
      More tax measures to encourage S'poreans to work abroad
      481 2  -  Incentives for reeionalisation By Genevieve Cua FINANCE Minister Richard Hu yesterday unveiled further tax measures designed to coax Singaporeans to work overseas. The measures include a reduction in the tax rates used to compute non-resident reliefs on Singapore-sourced income. Employers will
      481 words
    • Article
      Individuals get 5pc tax rebate, topping up of CPF accounts
      433 2 IF THE corporate sector felt let-down by Finance Minister Richard Hu yesterday, individual taxpayers should find some cheer in what some have described as "a people's Budget". Dr Hu is giving for YA 1994 an across-the-board oneoff 5 per cent
      433 words
    • Article, Illustration
      Lock icon A Budget for the people
      830 3 A sample of what MPs, accountants, analysts, fund managers and businessmen have to say about the new package Td call it a steady-as-you-go Budget. It's a fine-tuning of the package given last year. Last year's Budget was very generous. It was meant for two years.'
      Photo by Arthur Lee  -  830 words
    • Article, Illustration
      Development spending to soar
      980 3  -  Expansionary budget signals renewed emphasis on improving social and economic infrastructure, as Vikram Khanna reports Vikram Khanna A RISE OF more than a third in development expenditure in fiscal year 1994 to $6.2 billion was among the highlights of the budget unveiled yesterday by Finance Minister
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    • Article
      10 main areas of spending
      185 3 $519.1 m: To upgrade HDB flats and provide for other capital-related expenditure by HDB $473.8 m: As final payments for the Mass Rapid Transit system and for the development of the Woodlands MRT extension 5426.9 m: Mainly for the reclamation of about 1,010 ha of
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    • Article
      Bigger bucks for economic and social infrastructure
      582 3 THE BOOST in development spending in the FY '94 Budget will mean more funding for a number of ministries responsible for developing and upgrading Singapore's economic and social infrastructure. Although total budgetary allocations to the Ministry of National Development have been cut slightly
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  • SINGAPORE NEWS
    • Article
      Patents Bill introduced to speed up and cut cost of registration
      361 4  -  Yesterday in Parliament Reports by Sylvia Wong THE Government is revising the law to make it faster and cheaper for people to register patents. Under the Patents Bill 1994 introduced by the Ministry of Law in Parliament yesterday, inventors
      361 words
    • Article
      Parallel imports: Govt may review Act
      267 4 -THE government may propose -amendments to the Copyright -Act after it studies a report on parallel imports. Answering a parliamentary question yesterday from an MP from Tampines GRC, Chng Hee Kok, the Parliamentary Secretary for Law, Associate Prof Ho Peng Kee, said a committee
      267 words
    • IN BRIEF
      • Article
        Fee increases unrelated to GST
        85 4 SIX government ministries and statutory boards raised their fees between February last year and the end of January this year, said Finance Minister Richard Hu. But he said this was unrelated to the impending Goods and Services Tax which was announced last February. Rather, they
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      • Article
        Different distribution of unused COEs
        83 4 EXPIRED certificates of entitlement for vehicles are now set aside for redistribution among all vehicle categories in the following quota year. Minister of State for Communications Teo Chee Hean said yesterday that with efTect from Jan 29 this year, expired COEs are no longer recycled
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      • Article
        No need for national news agency
        79 4 TFiERE is no need to set up a national news agency in Singapore, says Minister of Information and the Arts George Yeo. He says local newspapers and media organisations can obtain information without a central agency to supply them with news. There are also
        79 words
      • Article, Illustration
        Yankson's former employers probed
        75 4 THE IMMIGRATION authorities are investigating the two commodity broking firms which convicted housebreaker Emmanuel Nyarko Yankson (right) worked for while staying in Singapore illegally. Finance Minister Richard Hu said they would be charged if it was proven that they had committed an offence by hiring Yankson,
        75 words
      • Article
        In defence of arts council's move
        73 4 TO A QUESTION from nominated member of parliament Kanwaljit Soin, BG George Yeo defended the National Arts Council's stand that it would not fund forum theatre projects. This came after a local theatre group. The Necessary Stage, was reported to have attended a workshop
        73 words
      • Article
        Second reading of SAF Bill
        55 4 THE second reading of the Singapore Armed Forces (Amendment) Bill 1994 was passed yesterday. The Bill seeks to recognise the establishment of the Corps of Warrant Offices, enact new disciplinary procedures for senior SAF officers, redefine the time limit for disciplinary action and introduce a
        55 words
    • Article
      Retail sales in CBD up 1pc in first fortnight of full-day ALS
      280 4 PRELIMINARY figures from the Department of Statistics show that retail sales in the Central Business District grew .ibout 1 per cent in the fortnight after the whole-day Area licensing Scheme was introduced. This was about the same -growth
      280 words
    • Article
      MTI memos with estimates not classified secret: defence
      516 4  -  The OSA trial By Ramesh Dyvyanathan A DEFENCE lawyer yesterday said two Ministry of Trade and Industry (MTI) internal memos containing flash estimates of Singapore's 1992 second quarter economic growth of 4.6 per cent, were not classified secret. Counsel Michael Khoo said
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    • Article
      Accused defends his judgment in taking draft report to meeting
      291 4 THE prosecution in the Official Secrets Act case yesterday concluded its cross-examina-tion of the first of five accused. Monetary Authority of Singapore economics director Tharman Shanmugaratnam. Shanmugaratnam, who has been on the stand since Monday, is accused of having endangered
      291 words
    • Article, Illustration
      Lock icon Inflation northward bound
      311 4  -  By Schutz Lee CONSUMER prices rose by 2.8 per cent in January over the same month last year, led ;iby higher prices for cars, ac- cording to the latest Consumer Price Index. Since May, inflation, as measured by changes in the '.CPI, has continued its steady dimb,
      Source: Dept of Statistics  -  311 words
    • Article, Illustration
      Venture with BAe may take Indon plane into Europe market
      319 4  -  Asian Aerospace '94 By Juliette Walker THE chairman of Indonesia's Industri Pesawat Terbang Nusantara said yesterday that a venture with British Aerospace (BAe) could include licensing production of IPTN's new regional commuter aircraft, the N-250, in Europe. Dr BJ Habibie
      319 words
    • Article
      McDonnell Douglas launches extended range of MD-11
      243 4 US-BASED McDonnell Douglas introduced a new, extend-ed-range (ER) version of its MD-11 aircraft at Asian Aerospace '94 yesterday. BMW Rolls-Royce also used the exhibition as a platform to announce an exclusive agreement to provide R8715 engines for McDonnell Douglas' new MD-95 aircraft family.
      243 words
    • Article
      Singapore firm to operate Myanmar air service
      176 4 A SINGAPORE-registered company will launch a new airline this year to operate mainly within Myanmar, according to industry sources. Air Mandalay will have its headquarters in Mandalay, operating domestically to Yangon. Pagan and Heho. International sectors Phuket and Chiang Mai in Thailand are
      176 words
    • Article
      S'pore-Russian joint venture to distribute electronic devices
      276 4  -  By Ven Sreenivasan A HOMEGROWN trading company has tied up with a Russian foreign trade corporation to distribute Russianmade electronic components in Asia. Capcom Asia and Russia's Electronintorg have formed Cue Venture, which will sell semiconductors, passive components and other electronic devices in
      276 words
    • Article
      Tarng Chern offers 2 S'pore firms share in China project
      181 4 SINGAPORE Tarng Chern Holdings, which will lead an international consortium to develop the US$2OO million (Ss3lB million) Yantai Singapore International Commercial Distripark in China, is trying to rope in two Singapore-listed property companies. Though memorandums of understanding had been signed,
      181 words
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  • SOUTH-EAST ASIA
    • Article
      Sudomo may be investigated in credit fraud scandal
      398 5  -  From Maggie Ford in JAKARTA GENERAL Sudomo, a former key Cabinet official, may be investigated in connection with a credit fraud scandal at Bapindo bank, according to a government official. Soesilo Soedarman, Coordinating Minister of Political Affairs and Security, said on Tuesday
      398 words
    • ASIA NOTES
      • Article
        Lock icon Malaysian trade surplus up 137pc
        69 5 AFP KUALA LUMPUR Malaysia's trade surplus grew by 137.8 per cent in the first 11 months of last year from a year ago, mainly due to increased exports of manufactured goods, machinery and transport equipment, the Statistics Department said yesterday. Export revenue totalled M$ 110.24
        AFP  -  69 words
      • Article
        Lock icon Japan to submit tariff offers to Gatt
        77 5 Reuter TOKYO Japan will submit delayed tariff offers covering thousands of products to the General Agreement on Tariffs and Trade (Gatt) this week, without changes in the market-access agreement reached in December, officials said. More than 100 countries struck the global market-opening accord
        Reuter  -  77 words
      • Article
        Lock icon Harrods woos Ginza shoppers
        35 5 Reuter TOKYO Britain's Harrods store opened a branch in Tokyo's Ginza shopping district yesterday. The store, with floor space of 165 sq m, will target Japanese women in their early 30s.
        Reuter  -  35 words
      • Article
        Lock icon Philippines cuts govt deficit ceilings
        57 5 AFP MANILA The Philippines has cut its ceilings for its consolidated public sector deficit (CPSD) target for 1994 to 1996. says Finance Department documents obtained yesterday. The CPSD for 1994 will go down to 2.2 per cent of gross national product from the original target
        AFP  -  57 words
    • Article
      Thai Cabinet approves 715b baht budget
      433 5  -  From Loh Hui Yin in BANGKOK THE Thai Cabinet has approved a balanced budget of 715 billion baht (5544.5 billion) for the new fiscal year. Prime Minister Chuan Leekpai said the budget would help the economy to expand at 8 per cent. The budget,
      433 words
    • Article
      Lock icon Ramos abolishes oil levy, says decision will hurt vital projects
      250 5 Reuter MANILA Philippine President Fidel Ramos yielded to intense public pressure yesterday and abolished an unpopular oil levy that triggered fuel price rises and widespread street protests. Speaking on television. Mr Ramos said the decision would mean delays in vital
      Reuter  -  250 words
    • Article
      Brunei Sultan as shareholder PAL will decide, says Ramos
      280 5  -  From Al Labita in MANILA PRESIDENT Fidel Ramos said yesterday that it was up to Philippine Airlines (PAL) to decide whether to take in the Sultan of Brunei as a new stockholder. "This is a matter for corporate decision-making," Mr Ramos
      280 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon Zhu sets China's growth at 9pc, to avoid unrest, overheating
      455 6 Bloomberg Business News, Reuter BEIJING China's Vice-Pre-mier and economic reformer Zhu Rongji said strong political and social pressures will prevent the government slowing economic growth greatly, although it should avoid another bout of overheating. China will target 9 per cent
      Bloomberg Business News,; Reuter  -  455 words
    • Article, Illustration
      Lock icon Between jobs
      46 6 AFP ZHUHAI PROVINCE, China The lure of an urban job is hard to resist, Zhuhai authorities discover. They had to put up this fence along the border of the province's special economic zone to stop the entry of hundreds of illegal Chinese immigrants. AFP
      AFP  -  46 words
    • Article
      S'pore businessmen to upgrade, manage hotel in Tianjin
      301 6  -  By Corinne Kerk SINGAPORE A group of local businessmen have started a joint-venture with the Tianjin government in China to refurbish and manage a hotel. The Singaporean partners are taking a 50 per cent stake in the deal, forking out US$2 million
      301 words
    • Article
      Crosby bullish on China's stability, economic growth
      471 6  -  By Schutz Lee SINGAPORE UK-based Crosby Securities said popular concerns about China in the short term are overplayed, and remains bullish that the Chinese economy will surpass that of the US by 2010. At a presentation on China yesterday, Crosby gave reasons why
      471 words
    • Article
      Lock icon Beijing's concessions for Gatt re-entry
      67 6 AFP BEUING China is willing to make concessions over the terms of its re-entry to Gatt, Foreign Trade Minister Wu Yi was quoted as saying yesterday following high-level Sino-US talks here. "We are ready to show flexibility on some issues of concern by signatory parties,"
      AFP  -  67 words
    • Article
      Lock icon HK govt urged to give tax breaks
      116 6 Bloomberg Business News HONGKONG A majority of Hongkong businessmen want the government to introduce tax incentives in its annual budget statement next week, according to the results of a survey commissioned by accountants Coopers Lybrand. They are concerned that countries like Singapore, which
      Bloomberg Business News  -  116 words
    • Article
      Lock icon Taiwan's banking chief may step down
      89 6 Knight-Ridder TAIPEI Samuel Shieh, governor of Taiwan's Central Bank of China, hinted that he may retire when his four-year term ends in May, a local newspaper said yesterday. The Economic Daily News reported that Mr Shieh on Tuesday dropped the first indication as to
      Knight-Ridder  -  89 words
    • Article
      Lock icon Two more nuclear plants for China
      49 6 Reuter BEUING China yesterday confirmed its plans to build two more nuclear power stations with foreign technology in Guangdong province, home of its first major station at Daya Bay. The southern province's governor, Zhu Senlin, gave official confirmation by announcing detailed plans. Reuter
      Reuter  -  49 words
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      Page 6 Advertisements Column 1
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      137 words
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  • REST OF ASIA
    • Article
      Lock icon Senior Tokyo official reverses position to support analog HDTV
      352 8 AP, Reuter TOKYO After a day of protests. Japan's top broadcasting administrator reversed himself yesterday and said the government plans to continue supporting an analog high-defini-tion TV system despite criticism that the technology will soon be outdated. Akimasa Egawa, director general
      AP,; Reuter  -  352 words
    • Article
      Lock icon Japan's Chief Cabinet Secretary to quit: report
      286 8 AFP TOKYO Japan's Chief Cabinet Secretary Masayoshi Takemura has decided to leave the Cabinet of Prime Minister Morihiro Hosokawa in case he is removed from the post in the planned Cabinet reshuffle, a major daily reported yesterday. Mr Takemura, head of the Sakigake
      AFP  -  286 words
    • Article
      Lock icon Chinese vice-premier in Tokyo to promote trade, investment ties
      323 8 Reuter TOKYO China's top economic planner, Vice-Premier Zhu Rongji, arrived in Tokyo yesterday for a nine-day visit aimed at promoting trade and increasing investment from Japanese firms. Mr Zhu, who is also central bank governor, was due to meet dozens of
      Reuter  -  323 words
    • Article
      Lock icon Russia to dump N-waste in sea if it does not get aid
      183 8 BernamaKyodo SEOUL Russia has notified South Korea that it will dispose of waste from 150 nucle-ar-powered submarines in the Sea of Japan if it does not receive aid from Seoul and Tokyo to build nuclear waste management facilities,
      Bernama- Kyodo  -  183 words
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      202 8 y mQm tits/e buds to really fr tuoiith-uuitcniig H sett food spread '•><*. j^Bp' itt E• J t i t f r In j'--t jk. MaßtefcydkA^ Difficulty in getting a copy of Her World, Go, Singapore Business, Home Decor, Young Parents? Call 1800-749-2577 for locations of nearest newstands. HENG SWEE
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  • THE WORLD
    • Article
      Lock icon Trading powers set to remove tariff hurdle to Gatt accord
      642 9 Reuter. Bloomberg Business News GENEVA The world's four top trading powers on Tuesday agreed to move by the end of this week to resolve a tariff problem that could threaten the timing of final signature of last December's Gatt world
      Reuter.; Bloomberg Business News  -  642 words
    • Article
      Lock icon Row erupts between US, Europe over film distribution
      257 9 NYT LONDON The United States and Europe appeared headed towards another confrontation over the film industry after an unusually sharp dispute broke out on Tuesday between the European Union and United International Pictures, a film-distribution company owned by three big Hollywood studios.
      NYT  -  257 words
    • Article
      Lock icon EU wants more formal links with Apec, says Brittan
      236 9 Reuter, AFP CANBERRA The European Union (EU) wants more formal links with the Asia-Pacific Economic Cooperation (Apec) forum to prevent world trade problems. EU Trade Commissioner Leon Brittan said yesterday. "The Seattle Apcc summit has moved the organisation's role forward and
      Reuter,; AFP  -  236 words
    • WORLD WATCH
      • Article
        Lock icon US Senate begins budget debate
        61 9 Reuter WASHINGTON The US Senate opened debate on Tuesday on the proposed balanced budget amendment to the Constitution, with backers calling it the only solution to cutting the nation's growing US$4.5l trillion (557.2 trillion) debt. A majority favours the amendment, but because two-thirds support is
        Reuter  -  61 words
      • Article
        Lock icon US chip official unhappy with Japan
        66 9 Bloomberg Business News TOKYO The executive director of the Japan office of the US Semiconductor Industry Association, Roger Mathus, said yesterday that his organisation was disturbed by foreign firms' declining share of the Japanese market. Jiji Press said. Foreign firms' share of Japan's semiconductor
        Bloomberg Business News  -  66 words
      • Article
        Lock icon Yeltsin seeks meeting on Bosnia issue
        67 9 UPI MOSCOW President Boris Yeltsin said yesterday he had asked to meet the leaders of the US. Britain, France and Germany to discuss a political settlement in Bosnia. He told Russian agency Interfax that the leaders could meet for one day in any European
        UPI  -  67 words
      • Article
        Lock icon US-Russian ties at stake: official
        79 9 AFP WASHINGTON A senior administration official has warned that US-Russian relations are at risk if Moscow refuses to recall its diplomats linked to a top-level CIA agent accused of spying for Moscow. The arrest on Monday of 52-year-old Aldrich Ames and his wife. Maria del
        AFP  -  79 words
    • Article, Illustration
      Lock icon Unused coffins aplenty following ceasefire
      44 9 AFP SARAJEVO The director of the morgue at a hospital here finds himself with a surplus of unused coffins and grave markers (right). Two weeks ago, before the ceasefire, coffin makers could barely keep up with the demand. AFP
      AFP  -  44 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      68 9 v^S^ P r °j ect Coordinator S 'Coordination between the planning B Bt.; r -'stages and site work B meeting datelines B the customer's needs.' 2 rN I Business Executive Tf I 'We aim to provide your office with only a look that is unique, but a system that is
      68 words
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  • SPORTS
    • Article
      Lock icon S Korea, Italy and Germany shine
      595 10 XVII Winter Olympic Games AP LILLEHAMMER, Norway It was a day that made South Korea, Italy and Germany euphoric and crushed the hopes of Norwegians and Japanese. In the men's 40km relay, Bjorn Dahlie's cross-country finishing kick left him o.4sec short of a gold.
      AP  -  595 words
    • Article, Illustration
      Lock icon S Koreans celebrate Olympic golds
      183 10 AP SEOUL Declaring South Korea's two gold and one silver medals a "great feat", President Kim Young Sam sent his personal congratulations to the medallists yesterday. Kim Ki Hoon defended his gold in men's I,ooom short-track speedskating, and Chae Ji Hoon took the silver. South
      AP; Reuter  -  183 words
    • Article
      Lock icon Jordan gets boxing offer
      226 10 AP TOTOWA, New Jersey As if Michael Jordan didn't already have his hands full trying to hit baseballs. On Tuesday, boxing promoter Dan Duva offered Jordan a chance to fight the Evander Holyfield-Michael Moorer winner for the heavyweight title and guaranteed the former basketball star and
      AP  -  226 words
    • Article, Illustration
      Lock icon Seve bounces back for first 18 holes in three months
      453 10 Golf AP JEREZ, Spain Looking fit and cheerful, Seve Ballesteros on Tuesday played his first 18 holes of golf in nearly three months. He said he's stronger, heavier and ready to forget last season, the first since the mid--1970s in
      AP  -  453 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Basketball
        42 10 Reuter NEW YORK NBA Tuesday: Cleveland 114 Minnesota 81; Indiana 107 Dallas 101; New Jersey 97 Miami 123; NY 82 Seattle 93; Houston 98 DemQr 97; Milwaukee 113 Golden Sum 117; Portland 120 LA Clippers 117; Sacramento 95 Boston 93. Rcuter
        Reuter  -  42 words
      • Article, Illustration
        Lock icon Cricket
        70 10 AP KINGSTON, Jamaica England faced a heavy defeat when the match against the West Indies resumed yesterday after succumbing to aggressive fast bowling and batting. Soora England: 234 (Alec Stewart 70, Mike Atherton 55, Kenny Benjamin six for 66) and 80 for four wickets. West Indies: 407 (Keith Arthurton
        AP  -  70 words
      • Article, Illustration
        Lock icon Golf
        150 10 AFP HONG KONG Two of the world's top 20 players have suggested the current ranking system may be unfairly biased against American players. Corey Pavin of the US and Scotland's Colin Montgomene arrived here for the Hongkong Open and suggested it may be time for a review of the
        AFP  -  150 words
      • Article, Illustration
        Lock icon Ice hockey
        17 10 Reuter NEW YORK NHL Taesday: Winnipeg 2 Florida 3; Vancouver 4 Calgary 4 (OT). Reuter
        Reuter  -  17 words
      • Article, Illustration
        Lock icon Rugby
        127 10 AFP LONDON England captain Will Carting warned on Tuesday that rugby union could soon be torn apart by a professional breakaway. The record-breaking centre feels a Keny Packer-style circus could be set up if the Rugby Football Union do not allow England players to be paid for advertising rugbv
        AFP  -  127 words
      • Article, Illustration
        Lock icon Soccer
        95 10 Reuter NEW YORK Fifa president Joao Havelange on Tuesday publicly dismissed recent media speculation that he may soon quit as head of the world soccer body. Addressing journalists before a twoday International Football Federation (Fifa) World Cup meeting here, the 77-year-old Brazilian head of Fifa for nearly 20 years
        Reuter  -  95 words
      • Article, Illustration
        Lock icon Squash
        89 10 Reuter CARDIFF World champion Jansher Khan crashed to a sensational defeat against unseeded Peter Nicol of Scotland in the second round of the Welsh Classic on Tuesday. Beaten just three times since the start of 1992, the Pakistani went down 17-14 15-8 11-1S 15-11 in 81 minutes to a
        Reuter  -  89 words
      • Article, Illustration
        Lock icon Tennis
        146 10 Reuter AP INDIAN WELLS, California Evert Cop Ist id Taesday: Steffi Graf (Ger) b Gigi Fernandez (US) 6-1 6-2; Amanda Coetzer (SA) b Ann Grossman (US) 6-4 6-2; Judith Wiesner (Aus) b Amy Frazier (US) 6-1 6-3; Tami Whitlinger (US) b Ros Nidefler (SA) 6-2 6-4; Robin White (US)
        Reuter; AP  -  146 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      174 10 ASTUTE INVESTORS BPjj® I on fundamentals or H punting for a quick profit -it pays H to know about a company before WH wL Hi putting in your money. H Company Spotlight lets you gen WLW H I up on four stocks. It gives: Basic information about the company, including
      174 words
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      Page 10 Advertisements Column 2
      121 10 ALCAN AUSTRALIA LTD USD 175,000.000 Transferable Loan Certificate Facility Agreement Dated 23rd December, 1991 In accordance with clause 14 of the Terms and Conditions of the Transferable Loan Certificates (the "TLC's") notice is hereby given that the rate of interest in respect of an issue of USO 35,000.000 of TLC's
      121 words
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      Page 10 Advertisements Column 3
      129 10 S§ LARGE DEVELOPMENT SITE TOR LANDED PROPERTIES I OFF PUNGGOL ROAD y: >•• Close to services/amenities of 999 years title Hougang HDB estate Provisional permission for Land area of 191,798 sqft. 57 units of terrace/5emi(17,818.5 sqm) detached houses For further information and Under documents, please contact the Sole Marketing Agent
      129 words
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      Page 11 Advertisements Column 1
      362 11 Count on us to deliver quality k j|S ■£9HK^R 1 >*\ 1* BE I \i J' p9pSi B'4'^pl^Lgfefei-^**%? Strict adherence to the Our clients can now be Oil-Equipment rigorous standard on assured that at every Manufacturing is the quality of the steel stage of Keppel already an American and the
      362 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      383 12 Congratulations to Keppel Engineering, Keppel Automation and Oil-Equipment Manufacturing for their accreditation to ISO 9000 Quality Standards SOUTH EAST ASIA PTE LTD McConnell Dowell SOUTH EAST ASIA PTE LTD Chuan Ann Metals Pte Ltd 180 0512 9 Lorong Tukang Tiga Singapore 2261 Jurong Town Post Office Singapore 9161 Tel: *****00(5
      383 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      613 13 Congratulations to Keppel Engineering, Keppel Automation and Oil-Equipment Manufacturing for their accreditation to ISO 9000 Quality Standards Sum Feng Engineering Tecson Engineering Pte Ltd />K\ Sum Chong Engineering I*^5 1 Electrical power Hohtinc controls A alarm systems installation A 1? Design A Manufacture of Electrical Switchboards, Control Piping Ship-Repairing, Ship
      613 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      828 14 Nothing BeatsA BIICL Bfcjyfl WHERE to wine, dine and entertain or Organizing a Company D&D? Our DAD package incorporates CjA €pa^> a host of benefits and a complimentary Thank You' Jg^g^. dinner for the organizing committee. From $398++ per table onwards. Call our Banquet Manager at 3fi3jfcrtsWL *****55/6 for more
      828 words
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      Page 14 Advertisements Column 2
      413 14 UMpaliSpa tliN per paauau lU^pwcMMlibwtty) Mohvk Sumptuam Cirthmil t Unl Jgy lpalaipa IliM par pataaa tM ii pardrfM MwH>]w> 111 OrcM Road T pfl TT* Tat T*****1 Four sparkling gems from the Philippines ■UP Discover a nilt of I HE enchanting music H presented to yoo by oar exciting quartet
      413 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon No fear of unusual scripts
      756 15  -  Australian director Peter Weir talks to Bernard Weinraub about his new film. Fearless Bernard Weinraub NYT TWO years ago, the film director Peter Weir bought a plane ticket to travel from his home in Sydney to Los Angeles because the scripts he had been receiving
      NYT  -  756 words
    • Article
      Lock icon Call me Civic or Psyche or Neon
      483 15  -  Barbara Basler notes that many Hongkongers are opting for English names Barbara Basler NYT BRITAIN'S most indelible influence on the Chinese who populate this colony may be in name only. From the Hongkong bank clerk with Canine on her name tag to the
      NYT  -  483 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      74 15 IUIWIE tltllll! 1111 «KZ« WEB I witiwi ill Willi Ipf HOP STOP III! JO'S BISTRO THEQV/E I EMI Ml MOB ini MVSIC MIAOU BMCINC EVERY ffIBHSBBi NIGHT TOSS UPVOUR PROSraUTV WITH THE GOD OP PORT UOE Partake in our Tu the family our God of fortune. for 4 persons $218-*
      74 words
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      Page 15 Advertisements Column 2
      152 15 L., GOLDEN TRIANGLEINVESTMENT OPKMTINITY 29-»to»ey FREEHOLD condom,, clofe to |he upcomn9 K L Squw Studied wtthin KL'l Golden TnangJe Netrmg completion At the select *ddr«, of Buiot Ceylon ShowfUt «v«Ub(c for v^wng 510 tfn walk to KL* top shoppy ctrltn pj, ltatMion tna 5 »t« holds °~T" 1.l M-SIAII DEVELOPMENT
      152 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      1365 15 TV RADIO 1 -Mi The Man in the Iron Mask. F *9K£*2saKV 9.00pm, TV 2 M Based on the classic story by A^^MagflEp Alexander Dumas. Richard |y|fljp! Chamberlain plass Philippe who is trapped in an iron mask by his jealous twin. King Louis V XIV of Francc. Escapc and a
      1,365 words
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  • INNOVATION & TECHNOLOGY
    • Article
      Lock icon Passive smoking affects unborn babies: study
      489 16 Test found traces of nicotine in the hair of newborn infants whose mothers were exposed to smoke Reuter f NTIL now, we are I I told women should I I not smoke in pregnanI J cy. I think we ought to tell women now
      Reuter  -  489 words
    • Article, Illustration
      Lock icon New home fertility kit a boon for men
      571 16 They often shy away from tests done at hospitals although half the time the infertility problem lies with them Reuter MEN will be able to test their fertility in the comfort of their own homes with the launch in Europe this month
      Reuter  -  571 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      217 16 jK f I *b;L -^^^^^|I|^SjSDI9HI DOCKSIDE Brisbane's premier waterfront residential address. Saturday 26 February, Sunday 27 February 11am 7pm The Regent Hotel, Boardroom No.l, 1 Cuscaden Rd. Singapore International release of the new stages of Brisbane's premier waterfront residential address... 148 Luxury Apartments on the Brisbane River only 4 minutes
      217 words
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      Page 16 Advertisements Column 2
      258 16 9 1 rpifP I THE UNIVERSITY OF HULL I England 1927 I PI "OVER 100 Mb, MDi, CEOt ALREADY IN TNE MO6RAMME!" M ftgfl "ONE Of THE MOST ESTARUSNER IN SINGAPORE" IMBA I PH CLOSING DATE: T8 MARCH 1994 BBH I IJ First to offer TQM and a Systems Approach
      258 words
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  • THE LAW PAGE
    • Article, Illustration
      Company directorship? Who wants it?
      1162 17  -  A growing number of court claims against directors is making the once prestigious success symbol less desirable. Benny Tabalujan examines the problem. Benny Tabalujan The writer is a lecturer at the School of Accountancy A Business, Nanyang Technological University; and associate editor of Asia Business
      1,162 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      174 17 I "5. <///'y/s////// s/s //</'//// I I r II I Oil I I T t* Manufacture Girard-Perregaux depuis 1791 (p S > llii- MM 1 I" r. rW> 'A AI(II < I AI I!W V 'Ml',). Vt I .HI, in >1 •I I r > 1". J't J7•IOKII> A 'A
      174 words
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      Page 17 Advertisements Column 2
      156 17 TW nml coaftrMce for Hm fads wg—tit industry it Asia Padfk retires with 8 Km-up of mojor professional loodors wire froski insights 21-22 March Holiday Inn Parkview Singapore 21-22 April Melia Hotel Kuala Lumpur KY ISSUES INCLUDE: Emerging markets in Asia Pacific 4* Risk control through asset/liability management Portfolio diversification
      156 words
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  • Article
    Budget that builds for the future
    605 18 jmrromaeM IPITOttfAL IN HIS Budget speech yesterday, Finance Minister Richard Hu quoted a recent World Bank report entitled "The East Asian Miracle" which explores why public policies in this part of the world have been such a resounding success over the last quarter-century. It
    605 words
  • WHAT THE OTHERS SAY
    • Article
      Pairin must push for peace
      223 18 MERCIFULLY, Sabah's post-election drama passed without public disorder. What Sabahans might want to reflect on now is what kind of electoral compact they could expect with the division of seats in the State Assembly pegged at 25-23 between Parti Bersatu Sabah (PBS), which retained office,
      223 words
    • Article
      Work together for the people
      171 18 AT LEAST three features can be discerned from the recent Sabah election. First, a clear signal for change. PBS, which has ruled since 1985, has been returned with a simple majority. That shows that many Sabahan voters are looking for change. Second, political polarisation along
      171 words
    • Article
      Fulfilling higher expectations
      146 18 WE HAD high economic growth last year and we can expect good growth again this year. This is because of our higher productivity and the improved global situation. America's recent economic revival and East Asia's robust growth are major assisting factors. As Singapore's economy matures, industries are
      146 words
    • Article
      Pride of the nation
      142 18 IT IS A MATTER of record that once Malaysia was enrolled into the international community as a duespaying member of the United Nations, it never jibbed at putting its money where its mouth was, and not just in the rich wish-fulfilment of the principles of the
      142 words
    • Article
      Don't mock democracy
      82 18 EVENTS THIS WEEK promise to be critical in deciding whether Hongkong develops the improved democratic machinery unveiled by Governor Chris Patten more than 16 anxious, angry months ago. They also could trigger even more turmoil in the tumultuous Sino-British relationship. And they will present members of the
      82 words
    • Article
      Poor Mar'ie Muhammad
      168 18 WHAT A CREDIT MESS seems to have been left in the laps of Minister of Finance Mar'ie Muhammad and Bank Indonesia's Governor Soedradjad Djiwandono by the monetary authority of the previous Cabinet. We feel a tendency to take pity, especially on Mar'ie who, as the current chairman
      168 words
  • Article, Illustration
    Lock icon Eager for some pointers for use back home
    980 18  -  Chinese Vice-Premier Zhu Rongji, who is visiting Japan now, is banking on Japanese help to silence critics of nis economic reforms. Sandy Hendry reports Sandy Hendry Bloomberg Business News DURING his nine-day trip to Japan, which started yesterday, Chinese Vice-Premier Zhu Rongji
    Bloomberg Business News; AFP  -  980 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      113 18 All of these securities having been sold, this announcement appears as a matter of record only. New Issue U551,000,000,000 People's Republic of China 6 x /2% Bonds due February 17,2004 ft Merrill Lynch Co. CS First Boston IBJ International pic Salomon Brothers Inc Bank of China Commerzbank DBS Bank Aktfengeiellsrhafl
      113 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      98 18 h don'T j L>SUPMXV t u*? Nt lonu ON£ V" I what* feepiOTiFuu PiectN V>yoo- ***> Of ioho-s J ZZv v CU)CI< VSRrwo \s.™s? 7 /7> V V( J§jgv iSST MiSr /uJMOI I'ro COHC€JMTRfKT»<iV > 5 1 I TV«e«£. PNRC. FOJ WHO CPM I ■> w I Touch roe. in
      98 words
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  • ANALYSIS
    • Article, Illustration
      Tokyo struggles to balance its books
      1107 19  -  The Japanese recession is 33 months old, government tax receipts are falling and deficit financing doesn't appeal. So how will the Hosokawa government pay for a tax cut to stimulate the economy? Antnony Rowley examines Tokyo's quandary and the banks' serious problems Anthony Rowley
      1,107 words
    • Article
      Big banks cry out for relief, but is anybody listening?
      1361 19 SO BESET with crises has Japan been in the past few months over political reform, economic recession and now over trade relations with the United States that the problems facing the nation's banking system have receded from public view. But
      1,361 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      209 19 Call *****60 (English) or *****90 (Mandarin) by using any telephone, you can get the real-time information lor any Shares in SES from anywhere and any time. (j) Key-in your Account Number. Key-in your PIN Number. (3) If you Account Number and PIN Number are confirmed, you will get the latest
      209 words
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      Page 19 Advertisements Column 2
      91 19 ■PPV Does your hotel make you pay for extras you never use? A WELL APPOINT!: I) ROOM. ATTENTIVE ST R VICE. GREAT CUISINE THAT'S All YOU SHOULD PAY EOR. NOT AN EXTRA POTTED PLANT HERE. ANOTHER CHANDELIER THERE,... let /ft/fit*/ tTy</</A//7<// NMffr 'KUALA OJMru* SINGAPORE KUAIA lUMPUK PENANI, GUANGZHOU SII
      91 words
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  • Article
    SM Lee to sign landmark pact on software transfer to China
    378 20  -  By Yong Pow Ang SINGAPORE A landmark agreement on "software transfer" from Singapore to China will be signed in Beijing between Senior Minister Lee Kuan Yew and Chinese Vice-Premier Li Lanqing on Saturday. The government-to-gov-ernment agreement will allow Singapore
    378 words
  • Article
    Lock icon HK legislators pass Patten's partial democratic reform Bill
    331 20 Reuter Hongkong Hongkong legislators passed Governor Chris Patten's partial democratic reform Bill early today, clearing the way for legislation Containing his most controversial proposals despite furious Chinese opposition. t The Legislative Council approved by a voice vote the Bill which implements less
    Reuter  -  331 words
  • Article, Illustration
    Lock icon A style ahead of its time
    55 20 AFP TEL AVIV First-year students at Israel's most prestigious Israeli fashion design school, Shanker, nere given Tree rein to let their fantasies run wild. The result? This "Clock" outfit at a fashion show on Tuesday. It must have taken them some time to come
    AFP  -  55 words
  • Article
    An isolated China poses a threat to Asia-Pacific: Dr Yeo
    333 20  -  By Dexter Lee SINGAPORE A China ostracised by the major powers would threaten the stability of the Asia-Pacific region, said Defence Minister Yeo Ning Hong yesterday. "A China that has deep and extensive political and economic links with the rest
    333 words
  • Article
    Lock icon Shenzhen's suspension of new listings applies to A shares only
    302 20 BernamaXinhua Reuter HONGKONG The Shenzhen Stock Exchange confirmed that a decision to halt new listings applies only to A shares, which are reserved for Chinese citizens. The exchange's announcement on Tuesday referred to all new listings. But an ofTicial at
    Bernama- Xinhua; Reuter  -  302 words
  • Article, Illustration
    Predictions about the world economy hit target
    902 20  -  The Bottom Line PAUL SAMUELSON PAUL SAMUELSON The writer is an economist at the Massachusetts Institute of Technology. This commentary- first appeared in the Los Angeles times. THESE are exciting times for the world economy. Events have turned out to agree closely with
    902 words
  • Article
    Lock icon Bentsen denies US trying to drive yen higher
    372 20 Bloomberg Business News AFP WASHINGTON United States Treasury Secretary Lloyd Bentsen denied on Tuesday that the US was trying to drive the yen higher against the US dollar to pressure Tokyo to open its markets further to American goods. "We have not
    Bloomberg Business News; AFP  -  372 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      234 20 KAISER KITCHEN SYSTEM lihwO IMM !»r< in V' >' i H-'ur. I'.-imi 'jniitih Arthur Andersen Associates Pte Keeping abreast with the latest changes in tax laws and new investment opportunities is key to staying competitive in today's dynamic global marketplace. How will the 1994 Budget affect Are you ready for
      234 words
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      Page 20 Advertisements Column 2
      32 20 More reports on Asian Aerospace, Pg 4 STOCKS SHARES Be Bullish Call 24 hours a day for shares to buy, coming issues results of your share application. Cost 50 cents per minute
      32 words
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      Page 20 Advertisements Column 3
      3 20 KAISER KITCHEN SYSTEM (,`|,)^!)\^|]>:;_+**])"){-\)\].
      3 words
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  • COMPANIES & MARKETS
    • Article
      Mycom confirms plans to buy Sabah timber complex
      330 21  -  From Ho Kay Tat in KUALA LUMPUR MYCOM Bhd yesterday confirmed it was negotiating to buy an integrated timber complex with rights to extract timber in Sabah state in a deal that could cost up to MS3SO million (*****.5 million). The purchase
      330 words
    • Article
      Jurong Shipyard profit drops 5pc to $65m
      417 21  -  By Rahita Elias SINGAPORE Jurong Shipyard has posted a 5 per cent drop in earnings to $64.9 million for the year to Dec 31, 1993. Chairman Lua Cheng Eng said yesterday group revenue was down 12 per cent to 5333.9 million, largely because
      417 words
    • Article, Illustration
      Haw Par unit in tie-up to provide air services in Asia
      370 21  -  By A J Leow SINGAPORE Haw Par Brothers International subsidiary DHP Aviation has formed a joint-venture firm with US-based Petroleum Helicopters Inc (PHI) to provide aviation services in Asia. Under an agreement signed on Monday, DHP will take a
      370 words
    • Article
      Greenspan's remarks on US economy reassuring to Asian bourses
      825 21  -  HOCK LOCK SIEW By Catherine Ong HONGKONG Asian equity markets received a respite from Federal Reserve Bank chairman Alan Greenspan's assurance on Monday that the US economy isn't growing too fast, too soon. In his semi-annual report to the US Congress.
      825 words
    • Article, Illustration
      Aztech closes 30 cents above strike price on 1st day
      356 21  -  By Bernard Chew SINGAPORE Shares of sound card maker Aztech Systems shot up on their first day of trading yesterday to close at $1.51 30 cents above the $1.21 provisional strike price. Nearly 21 million shares were traded. Market sources
      356 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        38 21 Firm Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday Overnight events may alter sentiment Brokers polled: Alliance. Barings. Daiwa. Fraser. Morgan GrenJell Asia. Smith Ne* Court and Tat Lee.
        38 words
      • Article, Illustration
        HOT STOCK
        142 21  -  By Paul Leo Causeway Investments ended at SS.IS yesterday compared with $2.84 on Jan 26. Investors should take profit soon as the technicals are indicating that a correction is due soon. Daily Relative Strength Index is declining as prices rise, indicating that the high prices are unsustainable. Weekly
        142 words
    • COMPANIES
      • Article, Illustration
        GIC, Taiwan group team up to tap region's cement market
        397 22  -  By Schutz Lee SINGAPORE THE Government of Singapore Investment Corporation (GIC) has tied up with the Taiwan Cement Corporation to invest in cement projects in the region, beginning with Indonesia. GIC and Taiwan Cement have set up a holding company
        397 words
      • Article
        Seapower finds HK partner for subsidiary
        277 22 SINGAPORE Seapower Asia Investments Ltd said yesterday it has found a joint venture partner in Hongkong to subscribe for shares in its whol-ly-owned subsidiary Bright Victory International Ltd (BVI) for HKSIOO million (SS2I million). Seapower Asia, formerly Summa Investments, said it has signed a
        277 words
      • Article
        Telecom confirms Tokyu wins Telepark deal
        206 22 SINGAPORE Singapore Telecom confirmed yesterday that Japanese firm Tokyu Construction Co has won an 586.5 million contract to build the superstructure of the eightstorey Telepark building in Tampines. Tokyu. which last year completed a $6 million substructure contract on the building, started work on
        206 words
      • COMPANY BRIEFS
        • Article
          Lock icon Faber denies it is selling Plus stake
          91 22 Bloomberg Business News KUALA LUMPUR Hotel company Faber Group Bhd yesterday denied reports that it was negotiating to sell a 50 per cent stake in the group that built the recently completed North-South Expressway. In a statement issued late yesterday to the Kuala
          Bloomberg Business News  -  91 words
        • Article
          SES queries HTP on price increase
          45 22 SINGAPORE The Stock Exchange of Singapore has queried the sharp increase in the share price and turnover of HTP Holdings Ltd's shares. The share price closed yesterday at Si.B9. up almost 40 cents from the start of the week.
          45 words
        • Article
          Lock icon Samanda unit starts China venture
          77 22 Reuter KUALA LUMPUR Samanda Holdings Bhd said yesterday its 87 per cent-owned subsidiary. General Aluminium Works (M) Sdn Bhd has set up a joint venture with Chengdu Plastics Factory of China to process packaging foil and film in China. General Aluminium and Chengdu will each
          Reuter  -  77 words
        • Article
          Keypad maker reshuffles management
          59 22 SINGAPORE Rubber keypad maker San Teh has reshuffled its management so managing director Kao Shin Ping can concentrate on forward planning new investment opportunities. Mr Kao. executive chairman and managing director, will relinquish the second post on March 1. He will remain executive chairman, while executive
          59 words
        • Article
          Chuan Hup acquires 65pc of UAH
          66 22 SINGAPORE Chuan Hup Holdings Ltd said yesterday that it has subscribed for 65 per cent of the issued share capital of United American Holdings Inc for USSSOO.OOO. As a result of this subscription. UAH is now a subsidiary of CHH Ltd. UAH is a
          66 words
        • Article
          Lock icon Bats' profit hit by US imports
          84 22 Reuter SINGAPORE British-American Tobacco Co (S). which reported a flat 3 per cent rise in net profit to 536.13 million, yesterday said its Singapore market share was weakened by imported US brands. It said the domestic market will remain difficult this year. Demand for
          Reuter  -  84 words
        • Article
          Lock icon Leisure's net profit up 10pc
          82 22 Bernama KUALA LUMPUR Leisure Management Bhd has recorded a group pre-tax profit of M 548.25 million (5527.9 million) on the back of MS 1.31 billion turnover for the year ended Dec 31. 1993. LM reported the 2.7 per cent increase in pre-tax profit and 21.1
          Bernama  -  82 words
      • Article
        Lock icon 5pc applying for 1,000 Hicom shares each were successful
        163 22 Bernama KUALA LUMPUR Only 5.07 per cent of applicants for 1.000 shares each in Hicom Holdings Bhd's public issue were successful, it was announced yesterday. A total of 38,592 applicants out of 760.489 were successful and they were allotted 38.592 million
        Bernama  -  163 words
      • Article
        Japan's Hazama is main contractor for Anchorage project
        206 22  -  By Joycelyn Shu SINGAPORE Hazama Corporation of Japan was awarded a S2OO million deal yesterday for Centrepoint Properties Ltd's (CPL) condominium project. The Anchorage. as main contractor. CPL is the listed property arm of Fraser Neave. This contract will see the former
        206 words
      • Article
        UNIT TRUSTS & FUNDS
        507 22 UNIT TRUSTS FUNDS Feb 24 UMB Invest Mgk LM tkirin«f« ||>|if True* Lnifund 1.59 I to wnn inm I nihond 1.025 1.05 The < ommeree 187 1% tinned Gf Fund! 1.71 1.78 The Savings Fund 1.73 1.82 United Asia Fund 1.95 205* Spore Prog Fund 0.77 0.81 S'pofv See Fund
        507 words
      • Article
        Thai finance firms' earnings a record but outlook cloudy
        578 23  -  From Alan Boyd in BANGKOK FINANCE and securities firms in Thailand have reported record 1993 earnings as they prepare for tougher competition from banks and increased government scrutiny that may affect their long-term outlook. The 30 companies with stock market listings
        578 words
      • Article
        Lock icon BAe's 1993 pre-tax loss shrinks to £237m from £1.2b
        185 23 Bloomberg Business News LONDON British Aerospace pic reported a 1993 pretax loss after one-time items of £237 million (***** million), five times less than the yearearlier loss of £1.2 billion. Excluding a one-time loss of £308 million, the British defence and
        Bloomberg Business News  -  185 words
      • COMPANY BRIEFS
        • Article
          Lock icon India's Skypak to open S'pore office
          98 23 Bloomberg Business News NEW DELHI Skypak Couriers Ltd plans to go global by opening overseas offices next month in New York and Singapore, chairman Dilip Kulkarni says. Skypak, which already has 120 offices in India, plans to open the two overseas offices before the
          Bloomberg Business News  -  98 words
        • Article
          Lock icon HK's Linkful to buy China steel plants
          98 23 Bloomberg Business News HONGKONG Hongkong steel trader Linkful International Holdings plans to spend about USSSB million (SSI2 million) to buy a 60 per cent stake in two steel plants operated by China's steel company Tianjin Yao Shun group, the Hongkong Economic Journal reported.
          Bloomberg Business News  -  98 words
        • Article
          Lock icon O'Reilly lifts stake in ailing publisher
          87 23 Bloomberg Business News LONDON The battle for ownership of Britain's Independent and Independent on Sunday newspapers heated up yesterday when Tony O'Reilly's Irish newspaper chain Independent Newspapers pic bought a further 5 per cent stake in Newspaper Publishing pic. Mr O'Reilly's group paid 350
          Bloomberg Business News  -  87 words
        • Article
          Lock icon Nan Ya Plastics posts 9.5pc profit rise
          86 23 Reuter TAIPEI Nan Ya Plastics Corp said unaudited 1993 pre-tax profits rose by 9.5 per cent to NT56.33 billion (***** million) from NTSS.7B billion in 1992. Sales edged up to NT564.72 billion from NT563.82 billion. The company said in a statement after a
          Reuter  -  86 words
        • Article
          Lock icon Asia Standard to buy HK hotel
          103 23 Bloomberg Business News HONGKONG Real estate investment company Asia Standard International Group said it had agreed to buy Hongkong's Evergreen Plaza Hotel for about HK$l billion (***** million). The Hongkong-listed concern said it was buying the hotel from Chang Yung-fa, who is chairman of
          Bloomberg Business News  -  103 words
        • Article
          Lock icon US retail giants post solid gains
          75 23 Reuter CHICAGO Two large US retailers. May Department Stores and Wal-Mart, have reported solid gains in 1993 earnings despite soft apparel demand. However, apparel demand is expected to heat up later this year and bolster retailers' stocks, analysts say. Wal-Mart, the largest US retailer,
          Reuter  -  75 words
        • Article
          Lock icon Abrasive files for Chapter 11
          76 23 Reuter WILMINGTON, Delaware Abrasive Industries Inc and two units filed for Chapter 11 protection in US Bankruptcy Court in Wilmington, listing assets of US$5l.7 million (SSB2 million) and liabilities of US$ll7.B million. Chief executive Raymond Lawhon said an operations manager at the company, Bernie Phaneuf,
          Reuter  -  76 words
      • Article, Illustration
        Lock icon Fletcher Challenge of NZ trebles first-half profit
        232 23 Bloomberg Business News WELLINGTON New Zealand energy and forestry conglomerate Fletcher Challenge Ltd's net profit more than trebled in the first-half ended last December. The result reflected hefty gains from asset sales but no growth in product sales. Net profit in the six
        Bloomberg Business News  -  232 words
      • Article
        Lock icon Siam Cement's net profit down 27pc to 2.6b baht
        314 23 Bloomberg Business News BANGKOK Siam Cement Co. Thailand's largest building materials conglomerate, had a net profit for the year ended Dec 31 of 2.59 billion baht (SSI62 million), down 27 per cent from the previous year. The profit decline was mainly
        Bloomberg Business News  -  314 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Second Singapore bank opens in Phnom Penh
        469 25  -  By Harish Mehta SINGAPORE A new bank, Singapore Commercial Bank Ltd (SCB), opened recently in Phnom Penh, becoming the second Singapore bank to do so. SCB pipped five other Singapore firms which have been given in-principle approvals to start banks, but have not
        469 words
      • Article
        Lock icon US rate rise likely to benefit peripheral bond markets
        442 25 IHT > PARIS The surprise benefil«iaries from the rise in US invtftrest rates are expected to be so-called peripheral bond flMrkets in Europe. Andres s Drobny at CS First Boston in •> London thinks Italy, Spain and Sweden will exploit the
        IHT  -  442 words
      • Article
        Lock icon Big leap in NatWest profits
        145 25 Reuter LONDON National Westminster Bank pic, one of the top British banks, yesterday reported a jump in pre-tax profits for 1993 to £989 million (552.3 billion) from £367 million the previous year. Bank chairman Lord Alexander said the group was poised to achieve real dividend
        Reuter  -  145 words
      • Article
        Lock icon Unocal chasing E China Sea project given up by Texaco
        172 25 Bloomberg Business News LOS ANGELES US oil company Unocal Corp will seek to replace Texaco Inc as developer of a Chinese natural gas prospect after Texaco withdrew from contract talks because financial terms were not attractive enough. Texaco, the fourth
        Bloomberg Business News  -  172 words
      • SMALL CHANGE
        • Article
          Lock icon Morgan Stanley 4th qtr income up 28pc
          94 25 Bloomberg Business News NEW YORK Morgan Stanley Group Inc. the United States' third-largest securities firm, reported a 28 per cent rise in fiscal fourth-quarter net income as revenue from all its businesses increased. The firm also boosted the quarterly dividend 11 per cent
          Bloomberg Business News  -  94 words
        • Article
          Lock icon Oil futures boosted by gasoil demand
          91 25 Bloomberg Business News LONDON Oil futures prices were boosted by renewed demand for gasoil in North-west Europe as cold temperatures and snow swept across the continent, brokers said yesterday. Prices were also lifted by speculation Opec might take firm action to curb output at
          Bloomberg Business News  -  91 words
        • Article
          Lock icon Earnings boom for S Korean securities
          75 25 Bloomberg Business News SEOUL South Korea's 32 securities houses will report a sharp 70 per cent rise earnings in fiscal year 1993, ending March 31, thanks to the strong stock market. The Korea Herald said yesterday. Quoting industrial sources, the report said the combined
          Bloomberg Business News  -  75 words
      • Article
        Lock icon Wing Lung Bank posts 21pc higher net after-tax earnings
        163 25 Bloomberg Business News HONGKONG Wing Lung Bank, one of the oldest local Chinese banks in Hongkong, said its net profit after taxes and transfers to hidden reserves climbed 21 per cent to HK5472.8 million (SS9S million) for the year ended last
        Bloomberg Business News  -  163 words
      • Article
        Prices up on cold weather, Opec output hopes
        172 25 Bloomberg ENERGY REPORT LONDON Oil futures prices rose yesterday on both sides of the Atlantic, boosted by another snow storm in the US Northeast and speculation regarding next month's Opec meeting, brokers said. Heavy snow in New York City and forecasts of
        172 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        168 25 THE US$ drifted lower yesterday after a dismal performance hours after Mr Greenspan's noncommitment on further interest rate hike and a drop in the US consumer confidence index. The USS/yen was the most affected, dropping more than one yen in Far East trading hours. In
        168 words
      • Article
        Lock icon London
        181 25 Bloomberg Business News LONDON The dollar was little changed against the yen in Europe after trading in a wide 1-3/4 yen range. Trading showed fluctuations ahead of the meeting of finance ministers from the Group of Seven most industrialised nations this weekend. -It s a rumour-driven market. making currencies
        Bloomberg Business News  -  181 words
      • Article
        Lock icon New York
        80 25 AFP NEW YORK The dollar rose slightly against other major currencies early yesterday in New York. Gold dropped to U*****.70 an ounce, down 30 cents from late on Tuesday. At about 9:20 am (1420 GMT), the dollar traded at 1.7290 German marks, up from 1.7240 marks late on
        AFP  -  80 words
      • Article, Illustration
        Untitled
        1501 25 Tmdr mnglml index I agmuut Sport 's up 14 trading partners toe pear I9$S US$/S$ forward rates Noon Feb 23 St ■U Oh 1-month I 5834 I 5S49 2-month I.M33 I.SMI V-momh ***** I.5M7 6-month I.M35 1.5155 Sown- OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES to at ltaa m Fob
        1,501 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen ends down on late sell-off
        1301 26 SilX REPORT Reuter SINGAPORE Simex Euroyen interest rate futures ended sharply lower yesterday on technical selling and rumours despite the yen's recovery on the dollar in currency markets. Heavy selling from foreign funds sparked a retracement which saw prices collapse more than 10 ticks
        Reuter  -  1,301 words
      • Article
        KL tin falls six sen to M$15.05
        594 26 COMMODITY REPORTS Tin TIN fell another six sen to close at MS 15.05 a kg yesterday on profit-taking and a lower London market, traders said. "The local currency's appreciation against the US dollar sparked some profit-taking." one said. "Prices are likely to slip
        594 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Aussie beef prices set to rise
          108 26 SYDNEY Australian beef offer prices to Japan are set to rise through March with exporters compensating for a higher value local dollar and reacting to stronger market demand. Australian beef exports to Japan have returned to normal this week, with the waterside workers' strike
          108 words
        • Article
          Russia to impose high import levies
          127 26 MOSCOW Russia will introduce planned new high import tariffs on practically all imported products on March IS after the duties are finalised by the Cabinet on March 3. The new import tariffs for consumer goods and industrial products will average 7.5-1S per cent, and
          127 words
        • Article
          Russia's oil output below target
          84 26 MOSCOW Russia produced 11.806 million tonnes or 5.74S million barrels a day of crude in the first half of February, which is 8.3 per cent behind the production schedule established by the Fuel and Energy Ministry. The ministry said the production target for the month
          84 words
        • Article
          Platinum drops on yen's strength
          51 26 TOKYO Strong selling out of Japan pushed most precious metals lower in Asia yesterday, with a strengthening yen forcing spot platinum prices down by USS3 an ounce. At 0742 GMT. the dollar was bid at 104.73 yen. compared with 105.58 late on Tuesdav in New
          51 words
    • Article
      COMMODITY PRICES
      1569 26 B„LL KUDP6T SI«|M«r« Coia»<tty Exchaaga (futarts d**i«g as at lpw) RSS 1 Cwrtract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Mar 94 137.251 137.25 137.75 50 850 Apr 0.00 0.00 139.25 0 4.225 Mav 140.50 140.50 141.25 100 4.800 Jun' 141.50 141.50 142.25 100
      1,569 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1189 28 16.4 Upcoming options expiries and -4pmforting news on interest rates in the US propelled the Australian stock market to a higher close yesterday. Brokers said local bargain hunters and overseas investors fttelled the positive sentiment which followed US Federal Reserve chairman Alan Greenspan's comments that interest rates could rise
        1,189 words
      • Article
        Manila
        581 28 -7.22 Share prices softened at close as investors stayed on the sidelines due to a lack of fresh incentives. brokers said. Market leader Philipine Long Distance Telephone Co was the most heavily traded issue. It remained unchanged at 2,135 pesos. Blue-chip Philippine National Bank and actively-traded holding firm Benpres
        581 words
      • Article
        Taipei
        539 28 +35.28 Taiwan stocks reversed early losses to close higher in a rebound from four straight days of falls. Brokers saw institutional bargain-hunting in a wide range of stocks though sentiment remained cautious. The weighted index ended 35.28 points up at its intra-day high of 5,769.19, after earlier bouncing off
        539 words
      • Article
        Seoul
        384 28 -3.21 Stocks finished lower after a tug-of-war between selling and buying centering on primary blue chips, brokers said. The composite stock index closed 3.21 points down at 950.01, off the day's high of 961.46. Brokers said the central bank contraction of monetary supply took a toll on the market.
        384 words
      • Article
        New Zealand
        304 28 +47.6 The New Zealand share market maintained its trend of alternate rises and falls, with the market strengthening on a higher Dow and comments by Fed chairman Alan Greenspan. The NZSE-40 capital index closed at 2,265.24, a rise of 47.60 points from Tuesday's close. The small companies capital
        304 words
      • Article
        Bombay
        67 28 -56.11 Stock prices fell further in late evening kerb deals as business volumes fell sharply after market players withdrew in the belief that most budget expectations of tax concessions had already been discounted, brokers said. During the official trading session, the Bombay Stock Exchange fell 56.1 l points to
        67 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        993 28 Britannia Funds Sterling Cadi Bid Offer Mim Cap Depot* M 6400 W 6500 Mim ienn Ciik 0.1 H<J) 0 l« Mim Ma« Income I 0600 I 1000 USSCwk Income Pta* Fund *10 2700 ******00 PS Rnerte Fund 5.2400 5 2500 sjiasss ***** 044J» Far Ew Fund *2 7650 '2 47J0
        993 words
      • Article
        London
        674 28 +8.2 Equities closed higher yesterday but well below the day's best after March ;FTSE futures gave up most of the early gam. "US houses were sellers (of the futures) early on but there wasn't any weight to ft and demand soon emerged. But this doesn't feel like a change
        674 words
      • Article
        Paris
        146 28 +25.27 French shares closed in positive territoiy but off the <jay's best. Operators said they were pondering the aext domestic rate cut, with qpinion divided over whether the Bank of France cpuld act at today's repo tender. Apart from heavy volume in Elf privatisation shares, basket trading made up
        146 words
      • Article
        Stockholm
        107 28 f 6.1 Swedish shares ended higher, boosted by falling ««ond yields and hopes for steady European interest "rates. The OMX Index of stocks rose 6.17 jjfcoints to 1,206.41, led by a kronor gain to 670 in group AB Volvo. /Seventeen of the 30 stocks •'tracked by the index rose.
        107 words
      • Article
        Frankfurt
        197 28 +20.05 "Yesterday's bourse closed '-higher, recovering from Weakness in the last two I'dStys. The DAX index rose ■u20.05 points to close at 127.67 points, down from 'lan intraday high of <% 132.94. Worries present last <*»eek about mounting international tension over the •«eige of Sarajevo had now ';abated. brokers
        197 words
      • Article
        Brussels
        160 28 +7.12 Belgian shares closed higher in line with better European share markets and dealers were optimistic for further short-term gains. The Bel-20 index of leading shares closed up 7.12 points, or 0.47 per cent, at 1,511.59, down slightly from the day's best level of 1,513.62. Volume in Belgian shares
        160 words
      • Article
        Amsterdam
        256 28 -3.58 Dutch stocks closed higher as investors took comfort from the resilience of US stocks and bonds following Tuesday's inflation forecasts by US Federal Reserve Chairman Alan Greenspan, traders said. The Amsterdam EOE Index of the 25 leading Dutch stocks closed at 425.81, down 3.58 points. Advancers outnumbered decliners
        256 words
      • Article
        Zurich
        279 28 +22.6 Firmer bourses in Frankfurt and London and the easing of pressure, which had weighed on the market ahead of Tuesday's address by Alan Greenspan, helped Swiss shares close firmer in volatile trade. The SMI index of leading shares rose 44.7 points to a final 3,027.5, and the all-share
        279 words
      • Article
        Toronto
        349 28 +7.76 Toronto stocks edged higher in early dealings yesterday as sidelined players came back into the market after Canada's federal government released the 1994/95 budget. The TSE 300 composite rose 7.76 points to 4,378.87 in brisk early trade of 19.30 million shares valued at C 5143.87 million. Finance Minister
        349 words
      • Article
        New York
        789 28 -8.72 The Dow Jones industrial average was down 8.72 points to 3,902.94 at 11 am EST yesterday. The New York Stock Exchange composite index was ahead 0.16 to 261.64, while the SAP 500-stock index was up 0.14 to 471.60. Advances edged declines 889-777 among the 2,439 issues crossing
        789 words
    • Article, Illustration
      Lock icon HONGKONG
      2737 29 Reuter HONGKONG Stocks closed higher, but well off highs as profit-takers moved in quickly to trim sharp eains reaped on a spur of late buying, brokers said. The Hang Seng Index advanced 89.22 points, or 0.84 per cent, to end the volatile day at 10,763.23 shortly after it hit
      Reuter; Source: Bridge Info  -  2,737 words
    • Article, Illustration
      CHINA
      467 29 THE Shanghai B market remained very quiet with the CLSA B Index down 4.18 points at 919.98 yesterday. The worst performer was First Pencil which lost 5.7 per cent offsetting its gain on Tuesday. Friendship rebounded 2.3 per cent. In Shenzhen, the CLSA B Index was down 1.89 points
      467 words
    • Article, Illustration
      Lock icon TOKYO
      2422 29 Reuter TOKYO Stocks wobbled in very tight ranges to end barely changed yesterday in lacklustre trade. With only small-lot buying and selling throughout the day and a dearth of incentives, the market lacked any clear direction, a Dai-lchi Securities trader said. The Nikkei indicator of 225 selected issues in
      Reuter; Source: Bridge Info  -  2,422 words
    • Article, Illustration
      Lock icon BANGKOK
      1635 29 Reuter BANGKOK Thai stocks ended a slower trading day barely higher at 1.430.65. up just 1.72 points, after profittaking in the afternoon eroded big morning gains. The index went to 1,447.08 in early trade, then spent most of the afternoon in the red. with the low at 1.423.26, before
      Reuter; Source: Bridge Info  -  1,635 words
    • Article, Illustration
      Lock icon JAKARTA
      1136 29 Reuter JAKARTA Share prices closed lower on foreign selling pressure in slow trading yesterday. brokers said. The composite index finished 0.97 of a point down at 551.88. Brokers said market trading was uninspired and haunted by bearish foreign sentiment. Among gainers included Unilever and Modernland which rose 200 and
      Reuter; Source: Bridge Info  -  1,136 words
    • Article
      CLOB INTERNATIONAL
      2490 30 "HOST ACTIVE votamt f~AMDB 50c 23.432.000 I Kamuming 50c 19.347.000 I Eaber Group 13.426.000 "Muipha Intl 50c 11.424.000 Idns Hvd 50c 11.245.000 B Rava TSR97 10.884.000 #vPromet 10.458.000 -••MBf Capital 9.132.000 BRava 9.013.000 Renong Bhd 50c 7.812.000 FACB 50c 7.056.000 Mull i-Purpose 6.581.000 Land maris Bhd 6.071.000 MOST
      2,490 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Foreign investors' blue-chip buying boosts bourse
        5749 30 Bloomberg Business News KUALA LUMPUR Malaysia's benchmark stock index soared more than 3 per cent as foreign investors bought shares that have become less expensive in dollar terms because of the fall of the Malaysian ringgit, analysts said. Local investors were also out in
        Bloomberg Business News; Source: Bridge Info  -  5,749 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7190 31 MAIN BOARD Transaction date: Feb 23 Gr Gr 1993/94 Last Vol Day Last Qaott Di« Oi« VM Net M Cap Hick Law Conpaa> Sale COM) High Low Bayer Seller S Or S P/E Smil INDUSTRIAL AMD COMMERCIAL 1440 260 I Aetna 1150 +10 22 11 JO 1140 1140 1150 12.5
        7,190 words
      • Article, Illustration
        Lock icon Late buying spree sends share prices up sharply
        1811 32  -  By R Sivanithy SINGAPORE Share prices rose sharply in late trading yesterday as investors went on a last-minute buying spree ahead of the Budget. Sentiment was also helped by the strong performance of Malaysian stocks traded over-the-counter on Clob International. After spending
        Charts by Bridge Info; Source: Bloomberg  -  1,811 words
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      220 21 NEWS VALUE How today's news might affect yvur stocks Corporate sector disappointed by Budget but others hailed it as "a people's Budget", (pg l) Some light selling by institutions can be expected, but impact should be countered by a general feeling of well-being. Malaysian ringgit staged a strong rebound (pg
      220 words
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      Page 22 Advertisements Column 1
      875 22 Jurong Shipyard Limited (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Directors of Jurong Shipyard Limited announce the following unaudited results of the Group and the Company for the year ended 31 December 1993: The Company The Group 1993 1992 1993 1992 $'000 $'000 Change $'000 $'000 Change Revenue 315,797
      875 words
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      Page 22 Advertisements Column 2
      6 22 Dividends table has been held over
      6 words
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      66 23 oßih ti ,iviv HiiHiTfl IMM9 I I I I I I I I MP 111 I MmaumM YELLOW PAGES. YOUR BUSINESS BUILDER rB~l TO BOOK YOUR AD WALK-IN TODAV, OR CALL 1800 *****33. I UwsJ LAST DAY FOR BOOKING: 1 MAR '94. Integrated Information Rto Ltd <a member of the
      66 words
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      107 24 '^MmW iMi IMI IMIitM MM II mil MM'Mill ml j^^KJfly^MlEMl■//«■//»//■//Jlfll/JMI _^|fl^^H "•*l'.;'''''' vIT, H mil mttti ■<i-j\ J %l'-" v 11 1 f gHkte J wu. ko ALENIA. A TECHNOLOGICAL HERITAGE. Alenia is Italy's leading company in the design and construction of aeronautical, space, electronic and defense systems. Alenia's products
      107 words
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      Page 25 Advertisements Column 1
      74 25 Unlike other restaurants, we have a way of serving wine. In a glass. There are now more reasons to visit Maxim's, Singapore's most romantic French restaurant. A complete range of fine wines, that you can even order by the glass. And a mesmerising new menu from award-winning chef Christophe. Maxim's,
      74 words
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      Page 26 Advertisements Column 1
      209 26 1 Yu-Sheng S Available from Feb 12 'Ml 9O (FOR 10 |f ||p Jam PERSONS) Free: One big sweep ticket Lucky Raw Fish Steamed Duck with JtvHng' Sour Plum Sauce jf, *v* Steamed Fish with f Pried Crispy Chicken Pork Knuckles with O Fatt Choy Prawns with Vegetable i I
      209 words
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      Page 26 Advertisements Column 2
      32 26 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. Put The 1 Straits Times Classified to work for you today. I
      32 words
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      653 27 DICKSON OPENS UP A NEW WORLD OF FASHION! fffPy Today, Dickson Menswear (Singapore) Pte Ltd officially opens to serve those SS^V£*&~# of you who appreciate the fine art of dressing. h. Started as Dickson Tailor Gents Wear since 1975, we have now expanded ur business into Dickson Menswear to include
      653 words
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      66 28 &P. Formula S Baume Mercier 11# Diver's watch, automatic movement GENEVE M Satin-finished stainless steel. Screw-down maltres horlogers depuis 1830 crown case water-resistant to 200 meters. Battme Mercier BotaUpte end Service Cntrr Singapore *01-01 Mandarin Sbopptry Arcade The Mandarm Saqaporr 333 Orchard Road Singapore 0923 Tel *****31 Malaysia: Shop Lot
      66 words
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      108 31 r IB Since 1735 there has I x never been a quartz Blancpain watch. #HH And there never will be Singapore: Till- HOUK 01 ASS I .ucty Ptua. 1H *****2W1 Scnll*. W 2W6W7/7IW Cent reprint 1M 714ITOVMH Peninsula PUuTH jm»<rilflto6) Wtwkt Trade Centre 1W *****07 Palate. Renaissance. T<H 71)1262/V1 Kallles
      108 words
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      37 32 f /||f| v'^^^^^IIIHIIM^HII^^HIIHII^III^^^^h H SarD 1 SIBER HEGNER MARKETING CATERING DIVISION 348 Jokan Boon Lay, PSC Building, Singapore 2261. Jmh (65) 268 144S F«ixi 268 3349. For furthor details, ploaso call Mr Waltor Pflstor on 268 1448.
      37 words
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      Page 32 Advertisements Column 2
      26 32 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 IT'S REIGNING CATS AND DOGS (and 1001 other things) in The Straits Times Classified A 4 th C-A.T.S. 737-*****
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      434 32 IN THE MATTES OF THE COMPANIES ACT, CAP.» TAN HO OON ft CO. PTE. LTD. (Mrrtm 1 VokoUo Wtodtae-Lpl At an Extraordinary General Meeting of the members of Tan Ho Oon ft Co fte Lid duly convened and held at 20 Knu Lane #04-10, United Houx. Singapore 0922. on the
      434 words
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      361 32 IN THE MATTER OF THE COMPAMES ACT, CAP SO ANO IN THE MATTER OF TECTON TECHNOLOGY (SMGAPONE) PTE LTD (In Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraortfcnary General Meeting of the members of TECTON TECHNOLOGY (SMGAPORE) PTE LTD duly convened and held at 101 Upper Cross Street *12-23 People's
      361 words
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  • Shipping Times
    • Article
      Anera moves into Vietnamese market
      360 33  -  By Dexter Lee SINGAPORE The shipping consortium Anera the Asia North America Eastbound Rate Agreement is moving into the Vietnam market now that the US has lifted its trade embargo. The consortium has filed a formal tariff of Vietnam-US rates with the Federal Maritime Commission.
      360 words
    • Article
      Lock icon More boxes pass through Mediterranean ports
      417 33 International Transport Journal BASEL In 1993 the main ports in the western Mediterranean handled 3 per cent to 4 per cent more containers than in the previous year. According to a report from Italy based on figures of the Marseilles port authority, last year
      International Transport Journal  -  417 words
    • Article, Illustration
      Lock icon Turkey offers Macedonia use of ports
      196 33 AFP ANKARA Turkish President Suleiman Demiral on Tuesday offered Macedonia the use of Turkish ports to overcome a blockade imposed by Greece, a presidential source said. The offer was made in a telephone call with Macedonian counterpart Kiro Gligorov, the source said. It was
      AFP  -  196 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      846 33 Page Col ABC Containeriine 12 5 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appenship 8 4/5 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bank Line, The 9 5 Barbican Line 4
      846 words
    • Article, Illustration
      Lock icon Toxic message
      55 33 Reuter MANILA Philipino dock workers pull the rope of the environmental flagship MV Greenpeace after it docked in Manila harbour on Tuesday. The ship is on the final leg of the international organisation's Asian Toxic Trade tour warning nations around the region against the dumping of hazardous wastes
      Reuter  -  55 words
    • Article
      Ugland wooing Asian customers
      349 33 SINGAPORE Ugland International, which bought a shipyard in the UK last year, is scouting for Asian customers. The company has appointed Singapore-based associate Ugland-Pacific Services to "actively market its drydock facility at Swansea in Wales". Ugland-Pacific is a ship management firm with paid-up capital of $100,000.
      349 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        537 34 Vessel Voy Wo Berth Arrival Departure Vessel Voy No Berth Arrival Departure iurong Port Batam Speed4 *0194* P01A 2302/1530 23.02/1/30 ASL 5/B 0194 J14 15 alongside 24 02/0700 Batam Speed4 A0294* P01A 2402 1830 24 02/2030 Komdo 02,06 94 13 alongside 24 02/0300 Batam Speed4 ****** P01A
        537 words
      • Article
        CONTAINER SCHEDULES
        1617 34 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boolunt/Balance Rstts Ship Voy No Etb/Btr Period From To From Ac. Daisy 0496 25/2000 1 23/1500 23/1659 23/1900 2 23/1700 24/0659 24/0900 3 24/0700 24/1159 24/1400 4 24/1200 24/1459 24/1700 Ac»
        1,617 words
    • Article
      THE SHIPPING GUIDE
      11108 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,108 words
    • Article
      SHIPPING AGENTS
      3356 47 Containerline YV: Belsin Shpg Agencies Pte Ltd (SVMarinc Handling Sdn Bhd (PK/PN). Accord Group; Accord Shpg Pte Ltd (6VAccord Contr Line (PK/PN). Adkris Bnims Corpora boa Philippine CaJ source Shpg Trdg Pte Ltd (S) Ahreakiel Liner Service Kim Shpg Trdg (S). Altera Sea-Air Service: Frata Shpg Pte Ltd
      3,356 words
    • Article
      COURIER SERVICES
      275 47 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144. Airborae Freight Corporation Tel: 542-8844. Fax: 542-3716, *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Cluster Liak Supplies "A Services
      275 words
    • Article
      AIR FORWARDERS
      1459 47 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aeroiink Freight International Tel: 545-8033 Fax: *****05. Te1:"542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74, *****50. Air Market Express
      1,459 words
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      PORT CONDITIONS
      2161 48 ALBANIA Durres: Two vessels operating of which 1 loading copper, 1 discharging tobacco bales, no vessels in roads. ANGOLA Cabinda: Decpwatcr SPM has been in use for approx 1 month. Max draft 75 ft, SPM 1 will now only be in use in emergencies. Max draft 55 ft.
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      AIR FREIGHT SCHEDULE
      553 48 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To today today KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 I BKK SIA SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 1 LUX/DXB BA822
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      Lock icon SHIP SALES & TANKER RATES
      1210 48 SHIP SALES TANKER RATES AFP THERE was a noticeable falling off in activity toward the end of the week, which was not surprising with the Chinese New Year holidays, coupled with a national holiday in Japan Friday and the on-set of Ramadan. The main movement this week has been in
      AFP  -  1,210 words
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      CRUISE & FERRY SCHEDULES
      369 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dtp Name of Vessel ETA ETD Ports of Calls Pod Agent Telephone No FEBRUARY 25 25 Langkapun Star 1500 2000 Cruise to Nowhere Jardinc Shpg Agencies 224-1052 Aquarius 25 25 Leisure World 1000 2015 Jakarta Sin Lauw Sons Travel 227-8284 Port Klang 25 25
      369 words
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      COCKETT BUNKER MARKET REPORT
      825 49 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      825 words
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      DAILY FREIGHTS
      1076 49 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1,127 on Tuesday from 1,128 on Feb 21. With rates weak and trading slow the outlook remains gloomy for most sizes on the freight market, brokers said. Panamax and capesize bulk carriers in the Atlantic are
      1,076 words
    • Article, Illustration
      Lock icon China opens doors wider to US shipping lines
      1007 50  -  Beijing will recognise US flag carriers' tariffs and allow them to set up their own freight forwarding services, reports Tony Beargie Tony Beargie American Shipper IN ONE of the most successful rounds of negotiations with China in 13 years, US maritime negotiators
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    • AIR AND LAND TRANSPORT NEWS
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        Lock icon India's monopolies body probes air taxi cartel move
        456 52 Business Lines NEW DELHI The Monopolies and Restrictive Trade Practices Commission has initiated investigation on the reported move by the private air taxi operators to form a cartel to collusively fix prices. According to preliminary investigations made by the Director General, Investigation
        Business Lines  -  456 words
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        Lock icon UK lawmakers hit out at US over breakdown of air talks
        230 52 Bloomberg Business News LONDON UK legislators attacked the US administration for failing to liberalise transatlantic air routes. James Clappison. a legislator in the ruling Conservative party, on Monday accused the US of "stalling" talks with the British government on
        Bloomberg Business News  -  230 words
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        Lock icon Kuala Lumpur devising ways to beat traffic jams
        182 52 Bernama SINGAPORE A twin city project, integrated rail and bus services and car-pooling would make for smoother rides on Kuala Lumpur roads, Malaysian Transport Minister Dr Ling Liong Sik said here on Tuesday. He sjid the new city being built at Perang
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        Lock icon Virgin flight
        59 52 Reuter HONGKONG A Virgin Atlantic Airways' Airbus A 340-300 jet hovers above the residential area before making its first landing in Hongkong on Tuesday. The airline, owned by Richard Branson, starts its new daily non-stop service between London and Hongkong on Tuesday, competing directly with British Airways and
        Reuter  -  59 words
      • Article, Illustration
        Airod, IPTN may cooperate to service Hawk engines
        264 52  -  By Alec Almazan SINGAPORE Malaysian aerospace company Airod and Indonesia's Industri Pesawat Terban Nusantara (IPTN) are looking at a cooperative maintenance and repair arrangement for the engines of the British-made Hawk military jet. Under the arrangement, Airod will acquire the technology needed
        264 words
      • Article
        Lock icon Bosnian Serbs want guarantees for opening of airport
        130 52 UPI BELGRADE Bosnian Serbs demanded guarantees on Tuesday for the opening of the Muslim-held Tuzla airport in north-central Bosnia-Herzego-vina as international pressure mounted for the opening of the facility for humanitarian aid flights. Bosnian Serb self-styled parliament leader Momcilo Krajisnik said Serbs
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          Lock icon Sri Lankan tries to burn Gulf Air jet
          100 52 AFP COLOMBO A Sri Lankan man who caused a fire inside a Gulf Air aircraft toilet was arrested at the international airport here, police said on Tuesday. Cabin crew forced open the toilet door after the smoke alarm went off and found
          AFP  -  100 words
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          Lock icon Jakarta, Tokyo expand air links
          69 52 AFP JAKARTA Jakarta and Tokyo agreed on Tuesday to expand their air links, allowing Indonesia to fly to Osaka and Japan to exercise traffic rights over their own stopover passengers between Jakarta and Bali. The Foreign Ministry said the changc was to "accommodate the rise
          AFP  -  69 words
        • Article
          Lock icon Japan's vehicle production falls 13.5pc
          64 52 Bloomberg Business News TOKYO Japan's vehicle production fell 13.5 per cent in January from a year earlier to 772,858 units, the Japan Automobile Manufacturers Association said. It was the 16th consecutive year-on-year decline. It also marked the first time on record in Japan's post-war history
          Bloomberg Business News  -  64 words
        • Article
          Lock icon ANA to cut fares after new rules
          61 52 Reuter TOKYO All Nippon Airways Co Ltd plans to slash economy fares on its international routes in the first half of the business year starting April 1, an ANA spokesman said. The cuts will be implemented after the International Air Transport Association and
          Reuter  -  61 words
        • Article
          Lock icon 'Bumped' passengers gain right to sue
          52 52 AFP WASHINGTON The US Supreme Court gave the all-clear on Tuesday for people who have been "bumped" from oversold airline flights to sue for compensation. The court decided to leave unchanged a ruling that said bumped passengers may sue in state courts for financial
          AFP  -  52 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1715 52 CMy nw* ETA nw ET1> Gf146 1110 torn DfcaW GA985 1420 AdataMa QF81 1930 QF82 2050 SQ228 2035 KL845 0505 Amttardaai SQ25 0635 KL838 2335 GA975 1140 SQ26 2355 KL837 1540 AMmm SQ347 1730 Aaddand NZ21 1710 SQ288 2045 SQ286 2035 B Sari k|a*M BI42I 1105
        1,715 words
      • Article
        Lock icon Mercedes teams up with Swatch-maker to develop city car
        405 52 FT LONDON Mercedes-Benz, the German executive and luxury car-maker, is joining forces with SMH, the company that saved the Swiss watch industry with the launch of the Swatch, to develop a small car for city use. The so-called Swatchmobile has been
        FT  -  405 words
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      23 33 BusinesslT Every Monday in Business Times China opens doors wider to US carriers, Page 18 India probes air taxi cartel moves, Back Page
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      25 33 Lims aid MrviCM rcprMOtcd Mirtiit «f tfct Registry «f Accredited [*ff{SMV SMasfcic Amrtt. Ilnfmn Natioaai SMopins Association. fa advertising enquiries, contact Shipping Twnes: Tel 740-2089/740-2090
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      666 33 th e FAMOUS SQM/IMAM ■SEHI&IS 224 1833 For more information pleat* refer to Pg. 13 i i INTERNATIONAL MARITIME —W EXHIBITION CONFERENCE C|f£ 'Sr.J Jv B 22 -25 March 1994 SingaPort '94 World Trade Centre Singapore SingaPort Asia's number one market place for buyers and sellers of maritime equipment, technologies
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      427 34 TSKUNE AGENCIES (S) PTE. LTD. fMHJ I "W wwrri 226-3363 -1 #v3#-IX# IJl\r Fax: 226-1972/3 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR NO U*****0000N l°"™» w W-1 »cx DAISY 0498 *'21.02 '*23.02 22.05 25.02 01.03 o*o3 01.03 0103 01.03 10.03 PAOFIC AMOW 021* 23.02 *25.02 25.02 01.03 0103 07.03
      427 words
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      1483 34 tZr* IT BP, ia?^S^*«.- ,»-»w »n> .m CAllfOflMA KROMY *51 23J I*J 213 213 24 3 122 3 22 3 23 3 23 3 213 I I Bft. m .if?? 3 H *!J *11 *i* y 24 «0"« a)" 01/OOW 33 143 113 113 2U 24J 27 3 273 213
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      2358 35 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SON. BHD. TEL: *****13 FAX: *****42 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARDJ/*****90 (OUTWARD) PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****82 'POH TEL: *****3/4 FAX: *****6 CFS (PSA F5) TEL: *****21/
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      1119 35 FRANCE/ITALY/PORTUGAL/SPAIN/MOROCCO NEXT AVAILABLE SAILINGS MAERSK HONG KONG V.9404 ETA SIN 28TH FEB 94 EDINBURGH MAERSK V.9404 ETA SIN 28TH FEB 94 V«Me< Voy ETA ETO FmOereo by H DESTINATIONS Tt*» week MAREN MAERSK VMO4 I?!aBWTWWWaWTg^WTTIWWa!IW^ CY 01/03 0600 MRS CFS 28/02 2359 MRS JOM LPK PEN OAK IGB SFO MEM
      1,119 words
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      1582 36 AQABA RDAM/I [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) STON H BURG A WERP HAVRE MALAYSIA -LASEINE 34/107 23/2 12/3 15/3 1W KAI 06/306 24/2 5/3 11/3 13/3 16/3 18/3 20/3 Pasir Gudang HQ6CHST EXPRESS 13/307 26/2 7/3 14/3 16/3 19/3 21/3 23/3 m EAST MALAYSIA
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      572 36 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vootochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam t Mongolia Hungary FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN PKR Ned Hoorn V 2034 01/3 02/4 Ned
      572 words
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      Page 36 Advertisements Column 3
      1135 36 I NORASIAI I VSL/VOY I NORASM SAMANTHA 9407 3 24/02 18/03 23/03 24/03 26/03 21/03 22/03 23/03 24/03 25/03 I I NORASM SUSAN 9408 3 03/03 23/03 26/03 27/03 27/03 28/03 29/03 30/03 31/03 01/04 I I NORASM SMGA 9409-3 09/03 30/03 02/04 03/04 03/04 04/04 05/04 06/04 07/04 08/04
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      1790 37 STRAITS SHIPPING PTE LTD IK ifiiV 10 Ho€ Chiang Road #11*01 Keppei Towers Singapore 0208 Id: *****88 Fax: 22M117 HjttfilMahMslilgiiMfMlMddllJlM new guinea pacific lime \lSsv 86RVICK CHMA NAVIGATION CO) CARGO DUE SMIS M^Mr RAJAH BROOKE VO6E Muni Lab 24-25 Fib 2C F«b 27 F«b PCL, LCL CONTAINER AND MfAKIULK SCMVICC
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      2926 37 SINGAPORE AGENT: llXjfl I AffttQiriAl*C PAO Containers (Singapore Agencies) Pte Ltd d 10 Hoe Chiang Road #07-01 Keppei Towers, Singapore 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 p-fr CR Number: **********0Z EXPORT MPORT vessel voy fm wa W) sou «nt rot nam oot an* lem
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      596 38 i|K EKA JAYA AGENCIES Vlr TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MYANMAH MM PAQM I HAWOf^ONt/OWgCT BUM wu man HO cm MIWM CUT IKB HQt UW) aw*" mi. HILYIM 21IMM MM7M/MH22M TO MYANMAR/YANGON SEW CONTAINER SERVICE QCEANLINES KL/WT STOW IBM 28/2 5/3 13/3 YANQON GEN. AGENT:
      596 words
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      1708 38 0 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 fob vsi I sm |lme hau. sea m poi fob wi sjn libe hau. sa* km nyc HANJIN KAOHSKMG 01SC 25 2 D4KCT 17/3 11/3 14/3 HAIUN KAOHSBMC 015 C 25 2 N PHOGKSS 031E
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      Page 38 Advertisements Column 3
      1517 38 _kT J j T t] I n w lit m ■lOßKiannouiCHH ore im w mi nr ntnocMnu I I a< ?L R 1 1/1 2/1 7/1 11/1 W3 »/J 17/3 U/J a/J IVI 11/J 12/4 IS 4 11/4 27/4 »4» 4 M 4 11/S 20/5 20/5 2VS I i guamy
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      2235 39 [p—— I I "OOCL FAITH 43W ETA SGP 26/02/94 II II I ETA RDM 17/03/94, FLX 18/03/94, 11 BRE 20/03/94, LEH 22/03/94 HI txKmT to: fsw/mw nm.vy*f cautowwu law (tex) Tot uswc ut aw* mourn owe —in VP* WF LOO OAK VAM MT ATL CC(, DAL DFT "**T/oT" MPH SOR
      2,235 words
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      Page 39 Advertisements Column 2
      1006 39 A I MULTILINE SHIPPING PTE LTD PB (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 < BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 Jfrv sjk BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59
      1,006 words
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      1733 40 4fc f AS AGENTS: "IT' LINE (SINGAPORE) PTE LTD (CR No: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I W V MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHD i M M WW TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SARANA LAUTINTERNUSA. T
      1,733 words
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      Page 40 Advertisements Column 2
      900 40 ®APPENSHIP /2\ HAMBURG v7vy CONVENTIONAL INDEPENDENT LINER SERVICE —S EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS 10ADMG PORTS WSCHARGt /LOADING FOR UNISON HAM 31/01 ANT 05/02 SPORE 11/03 BKK. LAEM INZHENER PARKHONYUK KLP 09/02 TGN 21/02 TRT 02/03 SPORE 02/04. HUANGPU/XINGANG HONESTY SZE 16/02 HAM 22/02 SPORE 22/03.
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      286 40 GOLDEN LINE GUAN guan shipping u2<v<x (PTE) LTD 23. TiM StfMl SMGAPOUE 1104 TEL: ***** M (U LMCS) Fli SJ43SO4 (CS No **********#*) iTHAiti/nmmi cult service S'pore P. Keiang Penang GOIOCN KM Karachi Out* 14/15 Mar TRAM CMC! Karachi Dubai 5 4 Mar CHIHA SERVICE GOLDEN WOMXR China Ports 4/
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      952 41 r a PACIFIC INTERNATIONAL LINES (PTE) LTD 1 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I CR NO '**********t I VESSEL VOY SIN CMB JIB JED AOJ AOE HOD PZU ASA KOTA BERKAT BKTOO7 1/3 6/3 13/3 19/3 15/3 15/3 18/3 KOTA BERLIAN BRLOO3 24/3 30/3 6/4 12/4 9/4
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      Page 41 Advertisements Column 2
      1063 41 VESSELS VOY SS 1 HAMBURG ROTTERDAM ANTWERP P THAMES L£ HARVE WILE DC CAR HA 7032W 20,02 21/03 23/03 24/03 25/03 26/03 VK.LE 0 AQULA 7532W 09 03 01/04 03/04 04/04 0V 04 06/04 WUE DHYDRA 9232W 16/03 01/04 10/04 11/04 12/04 13/04 VHU OE LYRA 7732W __^3J)3 i 15/04
      1,063 words
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      Page 41 Advertisements Column 3
      415 41 I BSfl iiT mm MYANMA Wmk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf LASHtO VI64W In Port HPA-AN VI99W hi Port SAGAMG V33W 26/27 Feb PAGAN V2O7W 7/9 Mar MALAYSIA AGENTS: BOUSTEAO SHTPMG AGENCCS Ml: TEI 03-*****00 PRI; TEL 03-36K757 PEN TU 04-61C13S
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      922 44 i i /^fNQRBULI^ I yjtyr NORBULK CARGO SERVICES LTD. 1 I REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES I—» I YRM 5/3 NAM/FLU/ANT/UK I MHASRO 13/3 20/3 JtOT/NIT/lK I ISP NORBULK TBN 13/3 D6N/CT/EL I ALSO LOWS T6 MAUI AND KK I PK SWK/SABAH LOADING FOR NORBULK NAMR 10/3 XIAMEN/SHANGHAI
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      183 44 TO AUSTRALIA/NEW ZEALAND Sta fnm Mak SH Hm/k P. Qaka c. toouc iM 575" ij/j i»/j n/3 ""5773 575 Mnvoroi 3» 573 1575 u/« a/4 *jj/» OIDI MUM 07* M/ 4 77/4 575 5/5 ■mm. M 7 575 1575 1575" ~5i75~ ""5575 5575 M* AUCKIWKI TO USA/CANADA *5 S Ctuhntrnj
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      641 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 28/2 ROTTERDAM 28/2 AARHUS/COPENHAGEN 28/2 HAMBURG/BREMEN 28/2 MARSEILLE/FRANCE V 3 FELIXSTOWE/UK 28/2 BARCELONA/SPAIN 28/2 LEHAVRE/FRANCE 28/2 GENOA/ITALY 28/2 ANTWERP/BELGIUM 28/2 LOS ANGELES/WC/IPI 27/2 SYDNEY/MELBOURNE 26/2 NEW YORK/EC 25/2 FREMANTLE/ADELAIDE 26/2 VANCOUVER 25/2
      641 words
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      1065 45 Iticmaia^umamauurin jjg m ITT 1 Hif I ■P7TTTT7"W M\ i I 111, VESSELVOY SIN jiTr I? M < cini MIIM ~-> ——I VESBEL vo* SIN PEN W^m SIR! BHUM 39S —Fri 2S/2 Tu# 1/3 DEJA ftHUII 4c<i<i r I <%*/+ c <m/ 4 I [VESSEL VOY SIN BKK J BHATHA
      1,065 words
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      Page 45 Advertisements Column 3
      685 45 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 SfMMCHnIuHEuM^^ W TEL: *****33 (12 Lineo) Z FAX: *****15/*****03 IPO J TELEX: RS ***** RISHIP (3 Lineo) \\®2\ ETHIOPIAN SHIPPING LINES (National
      685 words
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      1655 46 lammvmTAmßwmgmMm 2NS/W" MAC-NELB BPORE: *****22 (24 LINES) (PANAMA UV 'c/l Mac SIBU (064) *****0 KUCHtNQ (062) *****3 PENANG: (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 (03) *****77 JAKARTA- (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK I GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 27/2 28/2 1/3 Hon| Konc
      1,655 words
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      Page 46 Advertisements Column 2
      187 46 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD (TA IT* ETA swk ran helms knmg mm MUX 5/3 27/2 S loading toi Mbit RUVAI HUDHU 21/2 Onthifgtnj and lo*dN<( tot Bombay MXMN In P! Loading fot M* nOUI SUPKW 27/2 loadmi For Malt UMCEDH 4/3 loading For Matt PKCKSS UKITY
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      Page 46 Advertisements Column 3
      1032 46 f JsL THONG SOON UNES PTE LTD 1 I 78 SHENTOH WAY #10-01, SINGAPORE 0207 I I W \y TEL: 227-5088 FAX: 227-6011 I I TU: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOT SPORE PEST VESSEL VOT S POR£ IDEST EQUATOR JADE 104/4E
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      319 50 NORTH PHILIPPINES PULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA VIGOUR SHGAPORE 9408N 18/02 26/02 VIGOUR SINGAPORE 9408 AN 21/02 26/02 LOAON6 EVWY VIGOUR PACFIC 9409N 25/02 05/03 VIGOUR PACIFIC 94Q9AW 28/02 05/03 J SOimt PHILIPPtNEg FULL CONTAINER SERVICE VESSEL VOYAGE SWGAPORE I GENERAL SANTOS DAVAO CEBU V*6OUR lUZON 9408E 18/02
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      Page 50 Advertisements Column 2
      41 50 RIIL CONTAMBI fIBVMi VESSEL VOY SIN JKT SERAYA JAVA 134SR 25/02 27/02 SENTOSA JAYA 192S 27/02 02/03 SENANG JAYA 166SN IN PT 27/02 ALL VESSELS BERTH AT "Wl" IN JAKARTA INDONESIA AGENT JAKARTA PT ANGGI OCEANINDO LINE TEL: *****75 FAX: *****86
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      Page 50 Advertisements Column 3
      306 50 GS AMY ON HOLIDAYS WHEN YOU SHIP WITH US ly»» BRLAKBULK fir CONSOLIDATIOIN SI RVK I.S ITt LTD H| jjll LJarJaJl/ he i> HOUSC 37 lHi*tt<n ttill H2<M» U l 225 M 332 fax 224 3343 v JL\ c c TITIMAS SHIPPING "W TRADING SDN. BHD. TmMiS>. KELANG (03)3M0455 (HAJnt)
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      Page 50 Advertisements Column 4
      216 50 I .Lcosco UKC CONVENTIONAL SERVICE VESSEL PKL PNO P.O. LOADING FOR: A VESSEL 28/02 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNO P.O. LOADING FOR: A VESSEL 15/03 20/03 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICE I (FCL/FCL) EXPORT TO: l~im iHAHOWOK/HONQKONO EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer
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  • Page 50 Miscellaneous
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      Page 50 Miscellaneous Column 1
      683 50 TODAY'S TIDES (haght in metres) HO* 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1100 1900 2000 2100 2200 2300 2.1 1.1 1.5 1.3 17 1.2 1.4 1J 2.3 2.7 2.9 2.1 2.5 2.0 1.4 1.0 0.7 0.5 0.5 0.1
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      966 51 A HYUNDAI I MERCHAWT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 I VESSELS WY I PNA I PKE P6O VESSELS VOY~ SIN RTM AWT* LEH* HAM BftEj FEL HMM ADVANCE 03SA 21/01 22/02 24/02 SI FREEDOM 309N 21/02 11/03 19/03 21/03 20/03 20/03 22/03 NOR MALACCA 9409 A 2S/01
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      Page 51 Advertisements Column 2
      478 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS WS»I *OT SF n IN u KOUSNiM *37 I/I 1/1 I/) MUI Ml* 131 S/3 7/1 OMKt SIT 111 11/1 TUMI II 1/3 S/3 NIKI MOON 141 1/3 11/3 SMMCOTI m 7/3 1/3 OUTBOUND VESSELS LOADING FOR SEN/NAC SEKI
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      7 52 MARKET IN 1 Tomorrow in Business Times
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