The Business Times, 2 March 1994

Microfilm: NL19089
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times MITA(P) 010/12/93 Wednesday March 2 1994 WE KNOW ASIA 75*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones down 34.16 points
      42 1 Reuter NEW YORK Wall Street stocks, ravaged by sell programmes and a decline in the bond market yesterday, were sharply lower at midday. At Ipm EST, the Dow Jones industrial average was down 34.16 points at 3797.86.
      Reuter  -  42 words
    • Article
      Lock icon Finland's in the European Union
      44 1 AFP BRUSSELS Finland last night reached agreement on membership of the European Union. German Foreign Minister Klaus Kinkel said the pact followed that of Sweden earlier in the day, leaving Austria and Norway's terms still to be finalised. AFP
      AFP  -  44 words
  • Article
    MARKET SUMMARY
    160 1 Stock Market indicts Tuesday Change STII 2,313.68 -29.04 KLSEComp 1,113.4! -12.22 Nikkei 20,216.62 +219.42 Hang Seng 10,148.36 -261.87 SET Index 1,375.97 +3.04 Jakarta Comp 546.41 +0.18 CLSA China B ....1,218.60 +0.72 Aust All Ord 2,181.7 +1.6 FTSE 100 3,270.6 -57.5 Tuesday Prevkws lpm close Dow Jones 3,797.86 3,832.02
    160 words
  • Article, Illustration
    Lock icon S'pore disk drive industry launches vigorous expansion
    541 1  -  By Joseph Rajendran SINGAPORE The volatile disk drive industry is expanding aggressively after a downturn last year which led to lay-offs and red ink. Three US-based drive makers are about to spend millions of dollars boosting production capacity here. Western Digital will spend
    Source: International Data Corp  -  541 words
  • Article
    Lock icon Bank Negara eases vostro account curbs
    319 1 Anwar says no new measures to restrain inflow of speculative funds for now MBT, Bernama KUALA LUMPUR Bank Negara has eased its restriction on the vostro account of foreign banking institutions. In its latest circular to commercial banks, it said they are now allowed
    MBT,; Bernama  -  319 words
  • Article
    Lock icon HK land prices hit record highs at auction
    364 1 AFP HONGKONG Residential land prices hit staggering record levels yesterday at a Hongkong government auction amid fears of higher interest rates. Sino Land, which is controlled by Singapore property tycoon Ng Teng Fong and his son Robert Ng Chee Siong, paid HK52.26
    AFP  -  364 words
  • Article
    Lock icon US economic growth touches 10-year high of 7.5pc
    518 1 Reuter, Bloomberg Business News WASHINGTON The United States economy expanded at the strongest pace in nearly a decade during the final three months of 1993, the Commerce Department said yesterday. In its first revision of fourth-quarter gross domestic product, the department said
    Reuter,; Bloomberg Business News  -  518 words
  • Article, Illustration
    Family feud threatens another change at Yeo's
    651 1  -  By Conrad Raj SINGAPORE A family feud is threatening another change at Yeo Hiap Seng Ltd (Yeo's), one of Singapore's leading food and beverage concerns, barely days after it underwent a restructuring. One group of the founding family has requisitioned the company, one
    651 words
  • Article
    Most regional markets lose ground
    184 1 SINGAPORE Most regional bourses ended lower yesterday in cautious trading. In Singapore, the weaker sentiment surrounding shipyard stocks and slow foreign participation pulled the Straits Times Industrials Index 29.04 points lower to 2313.68. Malaysian stocks ended lower on uncertainty over the ringgit. The Kuala Lumpur
    184 words
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      188 1 V^^^UtteringSystei^l Sweden accepts offer to join EU, Pg 16 CONTENTS News Gosptites S pore News 2 S'pwetf sa .1719 Repxial News 3.4.6 Financial 21.22 World News 7.8 r wurtft» Analysis 1 15 CM>/W.S£. SES 26-28 E (Moral 14 teB»nal _2« Sports 5 *orld -25 TV/Litelyte 11 Currencies 22 Reg Analysis....
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      16 1 Regional Analysis: Pg 12 Aftermath of Sabah elections Singapore petrochem partners seal $3.4b deal, Page 2
      16 words
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      24 1 Mock Lock Siew: pg 17 Without fear or favour Digital Equipment setting up Penang plant, Page 2 Economist says recovery not spectacular. Page 7
      24 words
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      114 1 The Bottom Line: Pg 16 The East-West cultural divide Dauphin "Sitzkultur". A company's strength lies in the Backbone of its staff. With tho Dauphin CL79SO for \our corporate image, but also the tall and aot-so-tall pooplo, attitudes of all those who use it. you can strengthen the backbone FOR PEOPLE
      114 words
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      13 1 Grand Higirin pu. Ltd. Tel: *****78 THE COMPLET SHOP Full reports. Pages 24-28
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Wholesale prices ease
        321 2  -  By Teh Hooi Ling WHOLESALE prices edged down again in the first month of this year, latest figures from the Department of Statistics show. The manufactured products price index was 79.1 in January. 3 per cent lower than a year earlier. The index, which measures changes in
        Source: Dept of Statistics  -  321 words
    • Article, Illustration
      Lock icon Petrochemical partners seal $3.4b deal
      415 2  -  $100 m injection from Cluster Development Fund kick-starts single largest foreign investment project By Lilian Ang KEY PARTNERS in Singapore's petrochemical complex are going ahead with a previously delayed $3.4 billion plan to double existing capacity and develop a wider range of products. An agreement
      Photo by Arthur Lee  -  415 words
    • Article
      Western Australia premier on four-day visit
      80 2 THE premier of Western Australia, Richard Court, arrived here yesterday on a four-day visit to promote trade and tourism in his state. "Western Australia is leading the rest of the country out of recession," he said at a news conference. "With only 9 per
      80 words
    • Article
      Average hotel room rate rises for first time in 22 months
      400 2  -  By A J Leow THE average room rate for the local hotel industry rose for the first time in 22 months, sparking hopes that the long-awaited recovery in room rates has finally arrived. According to latest figures from the
      400 words
    • Article
      Joint venture wins $6m tender to run Sentosa hotel
      222 2 A TENDER to convert two colonial buildings on Sentosa into a budget hotel has been won by a joint venture between Enteriight Investments and Sijori Holidays Resort. The project, due for completion around September 1996, is on a 5,300 sq m
      222 words
    • Article
      Editor denies having preconceived view on growth forecast
      664 2  -  The OSA trial Reports by Ramesh Divyanathan THE PROSECUTION in the Official Secrets Act case yesterday concluded its cross-ex-amination of Business Times editor Patrick Daniel. Daniel, in his third day on the stand, maintained that he neither knew that publishing "official flash
      664 words
    • Article
      MTI officer was source for first quarter data
      305 2 A SUBORDINATE Court heard yesterday that a senior officer of the Ministry of Trade and Industry (MTI) had divulged classified information on 1992's first quarter economic forecast to a reporter. The officer was quoted in a BT article on April 13, 1992
      305 words
    • Article
      Anchorage condos in Alexandra Road go on sale today
      299 2  -  By Lee Han Shih MORE than 400 condominiums in The Anchorage project will go on sale today, of which about 120 are reserved for staff of the Fraser Neave group. The project, on the old Anchor brewery site in Alexandra Road,
      299 words
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      186 2 Protect Your Computer Investment. Buy An Epson. [EPSON MAXIMISE YOUR GAINS with Personal Finance and Investment on Saturdays NO-HIDDEN-COST PACKAGE *$120 nett, single twin occupancy with complimentary breakfast U iftLdt I; !fI If!" i Eri Ej| That's right. We present the full co6t to you. No extra charges, no hidden
      186 words
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  • SOUTH-EAST ASIA
    • Article
      Malaysia's Jan inflation up 4pc, trend rising: economists
      545 3  -  From Ho Kay Tat in KUALA LUMPUR MALAYSIA'S fight against rising prices this year has got off to a poor start with inflation rising a sharp 4 per cent in January. Economists said yesterday that although the jump was due mainly to
      545 words
    • Article, Illustration
      DEC setting up disk-drive plant in Penang
      425 3  -  By Claire Leow SINGAPORE Digital Equipment Corp is setting up a plant in Penang to assemble 3.5-inch disk drives. Initially, it will sink US$10 million (SSIS.8 million) into the 10,000 square foot plant at Bayan Lepas industrial park near the airport. For the
      425 words
    • Article
      Lock icon Murdoch blamed for UK press attacks on Mahathir
      413 3 Reuter. AFP. Bernama. The Straits Times KUALA LUMPUR Malaysia's Deputy Prime Minister Anwar Ibrahim yesterday accused media magnate Rupert Murdoch of engineering British press attacks on Prime Minister Mahathir Mohamad that led Kuala Lumpur to impose a ban on British companies seeking
      Reuter.; AFP.; Bernama.; The Straits Times  -  413 words
    • ASIA NOTES
      • Article
        Lock icon Changes to Tokyo's reform law approved
        68 3 AFP TOKYO The Japanese Parliament yesterday approved amendments to a political reform bill championed by Prime Minister Morihiro Hosokawa that would restrict political donations and reduce the number of legislators. The amendments to the reform law, enacted in late January, are expected to be
        AFP  -  68 words
      • Article
        Lock icon Vietnam to revamp tax structure
        73 3 AFP HANOI Vietnam is to overhaul some areas of its tax code to increase the personal income tax threshold, boost the property market and improve collection from construction firms, an official newspaper said yesterday. Vice-Minister of Finance Phan Van Dinh said recently that the government
        AFP  -  73 words
      • Article, Illustration
        Lock icon Fakes to go up in smoke
        59 3 AFP MANILA A Philippine customs official pouring petrol over counterfeit European designer bags from South Korea yesterday. The shipment, containing a total of 4,948 Louis Vuitton fakes and seized in mid-1993, had an estimated street value of U*****,000 (SS400.000). It also included smaller items
        AFP  -  59 words
      • Article
        Lock icon Foreign investments in Indonesia slide
        43 3 Knight-Ridder SINGAPORE Foreign investments in Indonesia fell to USSISO million (SS24O million) from mid-January to mid-Febru-ary. compared with US$l.57 billion in the same period a month earlier, the Jakarta Post reported yesterday, quoting the Investment Coordinating Board. Knight-Ridder
        Knight-Ridder  -  43 words
    • Article
      Lock icon Thai economy grew 7.7pc last year: Bangkok Bank
      205 3 AFP BANGKOK Thailand's economy grew an estimated 7.7 per cent last year and is expected to do even better this year with about 8.3 per cent growth. The research department of Bangkok Bank, Thailand's largest private financial institution, yesterday said the economy
      AFP  -  205 words
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      176 3 KL-London row symbolises a clash of cultures, Pg 16 Wm&az,* ROLEX^^J MASTERS 1994 and only ONE winneL The Rolex Masters, 1994. This week is your opportunity to walk the fairways and read honours after 36 holes. Each man will have earned his the greens with some of the best golfers
      176 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Plan to raise interest rates
        57 4 Bloomberg Business News BEIJING China's central bank said it will raise the annual interest rate on long-term savings, the official Financial News reported. Interest rates on fixed-term savings deposits of three, five and seven years will all be raised by 1.19 percentage points from 13.1,
        Bloomberg Business News  -  57 words
      • Article
        Lock icon Taipei to beef up copyright protection
        79 4 Reuter TAIPEI Taiwan, under pressure from the US to crack down on copyright piracy, will introduce a system to inspect trademarks on its exported goods, the Economics Ministry- said. The system will go into operation on July 1, Lin Yi-fu, deputy director-gener-al of the
        Reuter  -  79 words
      • Article
        Lock icon Bribe charge against admiral
        60 4 Reuter TAIPEI Taiwanese military investigators recommended yesterday that a former vice-commander-in-chief of the navy be charged with accepting bribes totalling NTS 1.5 million (5589,500), the Defence Ministry said. Admiral Cheng Li-chung, 64, is the most senior military officer implicated so far in a two-month-old investigation of
        Reuter  -  60 words
      • Article
        Lock icon Canberra to step up Asian drive
        56 4 Reuter CANBERRA Governor-general Bill Hayden and some key ministers planned to visit China later this year, accelerating Australia's drive into Asia, officials said in a secret strategy paper. The focus on Indonesia, China and India in particular will be a key part of Australia's
        Reuter  -  56 words
    • Article
      Lock icon UK, China to meet on HK airport despite political reform row
      359 4 Reuter HONGKONG British and Chinese experts will meet tomorrow to try to settle a long dispute over Hongkong's new airport despite a furious row over the colony's political future. A British statement yesterday said the Airport Committee. which had
      Reuter  -  359 words
    • Article
      Lock icon Patten won't get embroiled in war of words
      410 4 China disputes Britain's account of why talks failed AFP HONGKONG Governor Chris Patten said yesterday he would not get embroiled in a war of words with China over why the 17th round of SinoBritish negotiations on Hongkong's electoral reform failed. Mr Patten
      AFP  -  410 words
    • Article, Illustration
      Lock icon Good thing it happened on the ground
      51 4 Reuter NARITA, Japan This Northwest Airline jet came to grief when an engine fell ofT as it landed here yesterday. Flight 18. bound from Hongkong to Tokyo, caught fire in the incident. But there were no casualties among the 246 people on board.
      Reuter  -  51 words
    • Article
      Lock icon Power output growth in China must be doubled, say researchers
      319 4 Reuter HONGKONG China will have to double the growth rate of its power generating capacity to keep pace with the demands of its dizzying economic expansion, a research institute said on Monday. A study by the Japanesebased Nomura Research Institute
      Reuter  -  319 words
    • Article
      Lock icon Strong growth expected in Chinese electronics sector
      210 4 Xinhua BEIJING China's electronics industry will expand briskly and is expected to notch a growth rate of above 20 per cent this year, with production reaching 170 billion yuan (5530.6 billion), a government minister said here yesterday. Hu Qili. Minister of Electronics Industry,
      Xinhua  -  210 words
    • Article
      Lock icon Business shouldn't undercut human rights stand: US official
      437 4 AP BEIJING A US commerce official yesterday urged American businessmen to help convince China that the Clinton administration was not bluffing about revoking trade privileges as punishment for human rights abuses. "The policy is set. That is not up for grabs." said
      AP  -  437 words
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      324 4 HiKHIHIiHIIHiINH w The Singapore Institute of Management, in conjunction with Monash University, invites applications for the Master of Practising Accounting degree. Course This is a structured two-year programme conducted on a modular basis with faculty staff from Monash University. The assessment is by coursework and examinations. Award of Degree Successful
      324 words
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      Page 4 Advertisements Column 2
      112 4 WESTERN SAMOA MP—— long term international KVJfIMILVJkIM companies are the most cost effective solution for your offshore company structure. Available at an effective annual cost We also provide offshore companies from: from as low as US$4OO British Virgin Islands per annum. Bahamas Bermuda Full nominee, Cook Islands management, secretarial and
      112 words
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      247 5 TEN MORE REASONS TO CHOOSE THE NEW ACCORD. f. A 4 THEJAPANESE k 'Q/1 TA/TpAPT The challenge was awesome. The task was to better the A CAR m IiVIrUIVI motoring experts worldwide, winning ten awards within just fourth-generation Honda Accord, one of the most admired %OF THE# PAD C\V s
      247 words
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  • REST OF ASIA
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      324 6 EPSON Stylus 300 I EPSON Styiut 1000 vy-w' r EPSON Stylus SCO 11 «w >- -^^B^Bl mm** The EPSON Stylus Series of inkjet highest print quality. You'll also discover the best quality tor value in the market printers is more than remarkable. It's they're exceptionally fast, silent and reliable. today.
      324 words
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  • THE WORLD
    • Article, Illustration
      US recovery not spectacular, says HKBank economist
      532 7  -  By Vikram Khanna DESPITE the robust 7 per cent annualised growth in the final quarter of last year, the US economic recovery "is nothing to write home about," according to Lacy Hunt, the Hongkong and Shanghai Bank's chief economist for the US. Addressing
      532 words
    • Article
      Lock icon Time-Warner, Can West close to buying 49pc of German TV channel
      341 7 Reuter BONN Time-Warner and Can West, the US and Canadian media groups, are close to buying a 49 per cent stake in Germany's struggling Vox TV channel. Vox sources yesterday said an agreement could pave the way for the
      Reuter  -  341 words
    • WORLD WATCH
      • Article
        Lock icon UK economy set to grow 2.5pc Major
        102 7 Reuter WASHINGTON British Prime Minister John Major said on Monday that Britain was on course to maintain economic growth of around 2.5 per cent in 1994. "We are now on a path for growth of 2.5 per cent or so, which is laiger
        Reuter  -  102 words
      • Article
        Lock icon Plan for war against French wage law
        84 7 Reuter PARIS French trade unions and the Socialist opposition vowed on Monday to overturn a controversial new law that allows young people to be employed for well below the national minimum wage. Leaders of the four main non-communist trade unions met to forge
        Reuter  -  84 words
      • Article
        Lock icon Bid to settle W African dispute
        87 7 AFP LIBREVILLE In a bid to settle a bloody border dispute between Cameroon and Nigeria, a high-level French diplomatic delegation met Cameroon President Paul Biya in Yaounde on Monday. The French team, led by Christian Quesnot from the General Staff, and Bruno Delaye, President
        AFP  -  87 words
      • Article
        Ames spy case: end to retaliations
        42 7 WASHINGTON Tit-for-tat diplomatic retaliations by Washington and Moscow over the Aldrich H Ames spy case appear to have ended, and the US government is to spell out in court the charges against Ames and his wife.
        42 words
    • Article
      Lock icon UK rate cut on agenda at Bank of England meet
      514 7 Reuter LONDON Another UK rate cut will be on the agenda when Chancellor Kenneth Clarke holds his monthly meeting with Bank of England governor Eddie George today, and economists reckon good inflation figures could trigger it. The bank shaved its
      Reuter  -  514 words
    • Article
      Lock icon US Senate votes on controversial balanced budget amendment
      346 7 Reuter WASHINGTON A controversial proposal to cnact a balanced budget amendment to the Constitution was to face a close and critical final vote in the Senate late yesterday, with neither side predicting victory. Some analysts said Majority Leader George Mitchell, a staunch
      Reuter  -  346 words
    • Article
      Lock icon US mulling over 'cheese for fish' strike against French
      459 8 Reuter WASHINGTON The United States warned Paris on Monday to stop blocking its fish exports, and sources said the Clinton administration was mulling over tit-for-tat strikes against French cheese or wine. The Clinton administration said it had yet to decide what
      Reuter  -  459 words
    • Article, Illustration
      Lock icon Conrad Black realises US paper dream
      421 8 Media mogul acquires Chicago Sun-Times in USslBom cash deal Reuter TORONTO Publishing tycoon Conrad Black's wish for a major United States flagship newspaper was finally granted on Monday 18 months after pulling out of a battle for the New York Daily Sews. Mr Black's
      Reuter  -  421 words
    • Article
      Lock icon US congressman drafting alternative to health care plan
      349 8 NYT WASHINGTON The chairman of an important congressional subcommittee is drafting a proposal to expand Medicare to cover millions of people who lack insurance, as an alternative to US President Bill Clinton's health care plan. Under the proposal, devised by Congressman Pete
      NYT  -  349 words
    • Article
      Lock icon Worldwide drugs war a failure, says Colombian law official
      344 8 Reuter BOGOTA The worldwide war on drugs has failed and is unlikely to succeed until rich countries consider legalising narcotics to destroy traffickers' power, Colombia's ProsecutorGeneral Gustavo De GreifT said on Monday. Mr De GreifT, speaking at a news conference organise!
      Reuter  -  344 words
    • Article
      Lock icon Italians expected to face more austerity measures
      192 8 Reuter ROME Barely three months after Italians were hit with an unpopular austerity budget, a central bank report on Monday suggested that they might suffer again. The Bank of Italy, in a report on the recession-hit economy, said the country's accounts risked sinking
      Reuter  -  192 words
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      247 7 If you want the competitive edge doing business in Vietnam, use ours. We've been operating fen Vfeetnam for 6 years already, with 8 established offffeces Including Ho Chi Minh City and Hanoi. That means DHL, the most experienced airexpress company in the world delivering urgent packages and business documents, also
      247 words
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      41 8 S PAULDING HAW I ),f. i r S* Jk f K 4 Li JPW m j^^K _iJ^I Euroßonus member Khoo Kay Lin. Marketing Manager. Skandinaviska Enskilda Banken x/x The Businessman's Airline CONTACT YOUR TRAVEL AGENT OR SCANDINAVIAN AIRLINES. SINGAPORE 294 1611
      41 words
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  • SPORTS
    • Article
      Lock icon CBS is the biggest winner of the Games
      621 9  -  The Winter Olympics are over and by his reckoning, Richard Sandomir is certain that... Richard Sandomir NTY NEW YORK Howard Stringer has a poor sense of drama. The Welsh-born president of CBS broke his left leg falling on the ice outside Northern
      NTY  -  621 words
    • Article, Illustration
      Lock icon Kerrigan loses no time making money
      376 9 AFP ORLANDO, Florida Nancy Kerrigan skipped the closing ceremonies of the Winter Olympics to visit her new business partners at Disney World. The American skater signed a deal worth a reported USS2 million (553.16 million), giving Disney book and film rights to her life
      AFP; Reuter  -  376 words
    • Article, Illustration
      Lock icon Two seeds fall on first day of Champions Cup
      551 9 AP INDIAN WELLS, California Frenchmen Cedric Pioline and Arnaud Boetsch, two of the four seeds playing on Monday, were upset on the first day of the US$l.72 million (552.7 million) Champions Cup. Pioline, the ninth seed who reached the US Open
      AP  -  551 words
    • Article
      Lock icon Western Australia boosts sports links with Asia
      180 9 Reuter PERTH Australia's largest state shifted away from the rest of the country on Tuesday to concentrate on closer sporting ties with Asia, announcing a strategy to exploit sports to boost trade and tourism. Teams from Perth have already been formed to compete
      Reuter  -  180 words
    • Article
      Lock icon Pakistani homes producing 6m footballs for World Cup
      629 9 Reuter SIALKOT, Pakistan In thousands of homes across central Pakistan, villagers are stitching millions of footballs for the World Cup because 100 years ago a Scottish missionary broke his tennis racket in this dusty town. This small town in rural Punjab province
      Reuter  -  629 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Basketball
        15 9 Reuter NEW YORK NBA Monday: Geveland 89 Chicago 81; Utah 89 Houston 85. Reuter
        Reuter  -  15 words
      • Article, Illustration
        Lock icon Boxing
        106 9 Reuter LAS VEGAS The World Boxing Council has ordered a light heavyweight championship fight between Randall Yonker and Mike McCallum to replace Yonkcr's bout with champion Jeff Harding, who pulled out of this bout due to injury, a spokesman for promoter Don King said on Monday. WBC president Jose
        Reuter  -  106 words
      • Article, Illustration
        Lock icon Cricket
        137 9 AFP CHRISTCHCRCH, New Zealand Pakistan cricket coach Intikhab Alam said yesterday he may pursue a campaign to have red balls used for future daylight limited-overs internationals. Red balls, which tend to remain consistent in hardness for longer than the white balls, are used for one-day internationals in Pakistan. Intikhab
        AFP  -  137 words
      • Article, Illustration
        Lock icon Ice hockey
        38 9 Reuter NEW YORK NHL Monday: Pittsburgh 4 Florida 3; New Jersey 5 St Louis 1; NY Rangers 4 Philadelphia 1; Toronto 4 Ottawa 1; Winnipeg 3 San Jose 3 (OT); Montreal 3 Los Angeles 3 (OT).
        Reuter  -  38 words
      • Article, Illustration
        Lock icon Tennis
        293 9 Reuter AFP INDIAN WELLS, California Ist rd results of the Champions Cup tournament Monday: Byron Black (US) be Javier Sanchez (Spn) 6-4 6-0; Jonathan Stark (US) b Cedric Pioline (Fra) 6-3 6-4; Aaron Krickstein (US) b Bernd Karbacher (Ger) 6-4 6-0; Carlos Costa (Spn) b Alberto Berasategui (Spn) 7-6
        Reuter; AFP  -  293 words
      • Article, Illustration
        Lock icon Yachting
        81 9 AFP AUCKLAND Distance to finish in the fourth leg of Whitbread round-the-world yacht race from Auckland to Punta del Este. Uruguay. Positions fixed at 0155 GMT Tuesday. 1 Intrum Justitia (Europe) 2,968 nautical miles; 2 New Zealand Endeavour (NZ) 2,985 miles; 3 Merit Cup (Swit) 2,992; 4 Gal tea
        AFP  -  81 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      26 9 We Are In S|j||7 Korea! s;. *> s "v r *v£*Sr 1* > yße Sure To Get Your Copy Today! I Universal Publications Agcncy Ltd 54 Kyonji-Dong, Chongno-ku
      26 words
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      Page 9 Advertisements Column 2
      62 9 Lobster with Fresh Fruit Shark's Fin with Spring Chicken Steamed Duck with Sour Plum Sauce Red Fish with Soya Bean Crumbs JF\ Tom Yam Prawns Sweet and Sour Pork Rib Seasonal Vegetable with v E-Fu Noodles with /h^ Mushroom Daily Dessert i lE&m 6 30pm-104Spm MAPLE LEAF Restaurant 1/ 390
      62 words
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      1011 10 M Nothing BeatsAßucLlE&ai i where to owe and entertain j 'GOOD OLD FASHIONED FUN. HTCLUBS." rr+*> an* Ow d on* p<r*oi W >mrf arc arcn| Stfwy vw» ««w *Vin<N aoc Vi% *«*>• W or TSr%A* v»4gr<»ian^r(*v«^rcr* G»* S l«t«p«cißfctor food *%ivw« Itr ®fO Plaza Hirei •w n-«_.- Irresistible Authentic!? i
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      Page 10 Advertisements Column 2
      402 10 A THE NEPTUNE^ itwz into the ztgnwmr:^ Iniov an unforgettable evening oi -.petUtular world class revues at the Neptune. And our Early Dinner Spe» lal menu prepared by experienced Hong Kong < hefs Free parking in the evening Showtimes: B.oopm to 8.30pm 9.10pm to 10.00pm SB S MptUM 'xb (Lm
      402 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Is this Houston's year?
      498 11  -  Eric Clapton, Natalie Cole and Bonnie Raitt were big Grammy winners. David Bauder looks at this year's nominees and wonders David Bauder W* Eric clapton, Natalie Cole and Bonnie Raitt have all cashed in with big Grammy Award nights. Is Whitney Houston next? Houston, nominated for
      W*  -  498 words
    • Article
      Lock icon How high is up? Ask an auctioneer
      466 11 NYT WHAT do Michael Jordan, Hubert de Givenchy and the Russian space programme have in common? All added value to the pedigrees of items auctioned last year at record prices. And while public sales have always thrived on the glamour derived from the
      NYT  -  466 words
    • Article, Illustration
      Lock icon The Hoffman hobble
      716 11 CHATTERBOX Reuter UPI UPI UPI Reuter ACTOR Dustin Hoffman says author James 1 Herlihy drew a complete character sketch of the hacking, whee/ing street bum RatM) Rl//0. making it easier for Hoffman to bring him to life in the film Midnight i'owhoy. "Ratso. more than any other
      Reuter; UPI  -  716 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      212 11 For just $19.50 At with peach hollanat our new daise, beef Executive CMC Cle PTlllCe, tenderloin Bonanza VOU fofk OUt w black Lunch, you pepper and can savour SO lllUCll ICSS much more, a delectable fHOfP T And treat combination II I I yourself to of one a la carte
      212 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1291 11 TV RADIO Br. Double Indemnity, SBC 12 "1J who elaborate murJ^0 00^ m s suffused wit. but fraud L^^Hp In with oppressive J^f o,m^imk V of sex. guilt and suspicion. Annual Grammy Sting this of them hut 4 tough competition jjj^. and &B. ■HP in pm u>Talking ho to and
      1,291 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Spectre of issues will haunt the state
      801 12  -  Exclusive to BT Aftermath of Sabah elections JAMES ONGKILI JAMES ONGKILI The writer is a former federal cabinet minister. Prior to that, he m as the deputy chief minister of Sabah in the Berjava government. .-I Sabahan. he contested the 1990 Sabah state
      801 words
    • Article, Illustration
      In the clash of wills, the centre will prevail in the end
      1308 12  -  Special to BT CHANDRAN JESHURUN CHANDRAN JESHURUN The writer, a Malaysian, is senior fellow at the In stitute oj South-east A sian Studies. Singapore THE CONCEPT of the highly centralised state is perhaps alien to the South-east Asian
      1,308 words
    • Article, Illustration
      It's a long haul ahead as PBS picks up the pieces
      1707 13  -  Special to BT The future of Sabah DANNY WONG TZE-KEN DANNY WONG TZE-KEN The writer is a tutor with the Department of History. University of Malaya THE SABAH elections have brought about a dramatic and unprecedented change in the
      1,707 words
    • Article, Illustration
      Poll results to unleash winds of change
      929 13  -  Special to BT FARID ALATAS FARID ALATAS The writer, a Malaysian, lectures at the National University of Singapore THE OUTCOME of the recent Sabah elections was cause for rejoicing for tHe National Front (NF) and the Federal government as the performance of the
      929 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      137 12 r MANAGING IN AN m u DECISION SUPPORT AND c EDI ENVIRONMENT Knowledge msed systcmo 30-31 March 1994 ANA Hotel Singapore 7-8 April 1994 Pan Pacific Hotel KL 11-13 April 1994 ANA Hotel Singapore 18-20 April 1994 Melia Hotel KL Concepts of Electronic Data Interchange Viable Aplications of Decision Support
      137 words
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      Page 12 Advertisements Column 2
      20 12 Don't get shortchanged, go for a coverage you can bank on. Financial News. Everyday. \WOMOHt f 1 Business Times mmmAm
      20 words
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  • Article
    The demons unleashed at Hebron
    504 14 EDITORIAL FORMER Israeli Prime Minister Menachem Begin was fond of describing himself as a Palestinian. Israel, he believed, was rooted in the soil of Palestine, a historical reality and not a transitory political creation of the United Nations in 1948. It was Mr Begin who
    504 words
  • WHAT THE OTHERS SAY
    • Article
      Concentrate on the big picture
      176 14 THE CHALLENGE for the government is to harness the drive of younger Singaporeans so that the vicious circle of exaggerated complaints, which have become almost a national past-time, can be broken. This must be done before foreign investors come to regard wrongly that Singapore is
      176 words
    • Article
      Keep pushing for peace
      187 14 THE MASSACRE of Palestinian worshippers in Hebron, where at least 40 Palestinians were killed by a militant Jew while praying in the mosque, is a deplorable action. Unless it is dealt with seriously by the Israeli government, the incident will likely jeopardise the delicate Mideast peace
      187 words
    • Article
      Don't give in to the radicals
      181 14 THE Hebron massacre at a West Bank mosque last Friday where fifty to sixty Muslims were gunned down shocked the world and put a pall over the Israeli-Pales-tinian peace talks. The Hebron massacre reflected the fragile situation in the Middle East peace initiative and
      181 words
    • Article
      Within the limits of the law
      145 14 THERE HAVE BEEN a lot of complaints about police brutality lately. The trend is so highly unacceptable to society that people who have felt the brunt of this brutality have mustered up the courage to report to the National Human Rights Commission. Defendants in
      145 words
    • Article
      Control needed, not ban
      156 14 THE VIDEO ARCADE is today as much a part of the modern urban landscape as is high-density housing. Mass urbanisation, so necessary for technological industry, has its bad side, and society evolves to ameliorate its ills. And so with the coin-operated video machines. The best thing
      156 words
    • Article
      Credit to Chamlong
      179 14 RETREATING from his earlier threats of nationwide campaigns to fulfill his commitment to the "people's wishes" of decentralising power and provincial governor elections, the de facto Palang Dharma Party leader should get both applause and sympathy. For it is not easy for anyone to back down, especially
      179 words
  • Article, Illustration
    Lock icon Nato shows it can bite
    729 14  -  Edward Mortimer examines the Western military alliance's changing role since the end of the Cold War as it fires its first shots in anger Edward Mortimer FT WITH the end of the Cold War, the North Atlantic Treaty Organisation (Nato) is universally regarded as the
    FT  -  729 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      119 14 7 Drop anchor and enjoy the full I rf r attention of the entire shipping industry. -mJKSs- V Shipping Times will publish a special w feature in conjunction with SINGAPORT 94 International Maritime Exhibition and Conference, Asia's premier biennial maritime event, to be held in Singapore from March 22 to
      119 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      123 14 i FL.V INTO fluster GOOD —TH*T:S V JURT Dn SoUTWiKK OP FLICK YOOR DUS"£R LOHV I*l*l l£j\\/iNG FOR MiSS PR£T-W1 .S FMi- IT By THE. SlD£ pjV OF PIS.NFecmMT I OF NDOR pMot? OF y »T seexos OUR Love IS > > nosr LCME GO \J r" <T\ TOUCH lOOOD
      123 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon The problems of plenty in Hongkong
      1100 15  -  Hongkong Correspondent Catherine Ong wonders what goodies Financial Secretary Hamish Macleod will announce in today's Budget and takes a look at the colony's spending plans for this year Catherine Ong HONGKONG's Financial Secretary Hamish Macleod has a big problem to the tune of HK$2O
      Source: HK govt statistics  -  1,100 words
    • Article, Illustration
      The brain trust that's trying to reinvent China
      868 15  -  A select group of technocrats is the driving force behind China's modernisation. Joyce Barnathan and Lynne Curry report Joyce Barnathan,Lynne Curry SUN Shangqing, president of China's prestigious Development Research Centre, is stressed out. With China embarking on a programme of sweeping economic
      868 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      326 15 1 n If you are worried about your hair you doubtless study every tiny area of your scalp that seems to 'show j through' more than it should. You can't be sure, there J 11 may not be any problem but then again, it could be 0 the onset of
      326 words
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  • Article
    Lock icon China takes tough steps to cool fixed assets investments
    446 16 The Straits Times BEIJING China's central bank has announced tough money supply policies to cool investments in fixed assets by its various departments and to bar the Finance Ministry from dipping into its coffers. The new measures, which come into effect
    The Straits Times  -  446 words
  • Article
    Lock icon Beijing could win admission to Gatt by 1995: Brittan
    419 16 Bloomberg Business News AFP BEIJING China agreed to discuss special conditions on its re-entry to the General Agreement on Tariffs and Trade and could win admission by 1995, the European Union's top trade negotiator said yesterday. European Commissioner for External Trade
    Bloomberg Business News; AFP  -  419 words
  • Article
    Lock icon US gives its support to Patten's reform Bill
    158 16 Reuter WASHINGTON The United States joined Britain yesterday in supporting Hongkong Governor Chris Patten's efforts for a democratic reform Bill that has angered China. At a news conference here with visiting British Prime Minister John Major, President Bill Clinton said: "We join
    Reuter  -  158 words
  • Article
    Lock icon US trade policy memo suggests expanding Nafta membership
    319 16 NYT WASHINGTON A memorandum reviewing United States' trade policy plans for Latin America proposes that President Bill Clinton offer membership in the North American Free Trade Agreement to solidly democratic Latin America nations and possibly Asian countries such as Singapore but notes
    NYT  -  319 words
  • Article, Illustration
    Lock icon In mint condition
    40 16 Reuter LONDON Britain's Chancellor of the Exchequer (left) and Bank of England governor Eddie George holding aloft a giant-sized replica of the new £2 coin yesterday. The coin marks the Bank of England's 300 th birthday. Renter
    Reuter  -  40 words
  • Article
    Lock icon Sweden accepts offer to join EU, vote to follow
    282 16 Reuter BRUSSELS The European Union threw open its doors to at least one new member yesterday. inviting Sweden to join and feverishly seeking to bring Finland and Austria on board. Norway, the fourth applicant involved in marathon talks with the 12-nation
    Reuter  -  282 words
  • Article
    Lock icon Top Indon official asked to explain role in loan scam
    256 16 Bernama JAKARTA A parliamentary commission has asked Sudomo, chairman of the country's highest advisory body to the government, to explain his involvement in a controversial loan scam of 1.3 trillion rupees (Ss9B6 million). Budi Hardjono, deputy chairman of the commission,
    Bernama  -  256 words
  • Article, Illustration
    KL-London row symbolises a clash of cultures
    870 16  -  The Bottom Line YANG RAZALI KASSIM YANG RAZALI KASSIM The writer is BT's regional analysis editor MALAYSIAN Prime Minister Mahathir Mohamad is back on the war path. Hardly a week after he dealt with the Sabah problem, the Malaysian leader was up in
    870 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      60 16 >&$:_%""??{?/!~|`?-*'$'%{?~%/$[ PRIME CBD COMMERCIAL SITE in Raffles Place Vicinity For Sale By Tender (Under The Instruction Of The Mortgagees) Site Area 757 sq m (8,148 sf) Tenure 999/99 years Existing 10 Storeys Office Building Outline approval for a highrise office > building at a gross plot ratio of 13.86 ——————-J
      60 words
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      Page 16 Advertisements Column 2
      10 16 Patten won't get embroiled in war of words, Pg 4
      10 words
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      Page 16 Advertisements Column 3
      120 16 North Sydney Investment Prominent corner building mmm 120 car spaces (approx) Excellent Harbour views Newly refurbished Low base rentals-strong LgALKE&J I 2, LSIBEEIL growth prospects stonit For Sale by Public Tender closing 21 April 1994, if not sold beforehand Contact North Sydney Sales: Richard Stacey 61-1-*****11 Singapore: David Allen 65-223
      120 words
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      Page 16 Advertisements Column 4
      42 16 Ul IpKAISER L KITCHEN SYSTEM furong East St 21, Bldg #OJ-1«() 2260. T*l *****03 k Ofxrong Hours 11 am to 6pm Daily NGEE ANN ODEON CITY 1 TOWERS (Orchard Ro*d) —lAi lOpp Baffin HoMI Quality Serviced Offices Tel: 65-838 5243/Fax:6s-*****76 MRCENTRE SINGAPORE
      42 words
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  • COMPANIES & MARKETS
    • Article
      Keppel Bank surprises with 101pc rise in net earnings
      469 17  -  Keppel Group results By Quak Hiang Whai SINGAPORE Keppel Bank, the first listed bank to release its 1993 results, yesterday surprised the market with an impressive 101.4 per cent jump in net earnings. The banking arm of Keppel Corporation said its
      469 words
    • Article
      SSL chalks up 26pc rise in net earnings to $36.27m
      252 17  -  By Lilian Aug SINGAPORE Property developer Straits Steamship Land lifted net earnings 26.5 per cent to $36.27 million in the year to Dec 31, 1993. The group's performance, announced yesterday, was buoyed by contributions from newly completed investment projects Keppel
      252 words
    • Article
      Far East Levingston lifts net earnings by 25pc
      312 17  -  By Rahita Elias SINGAPORE Rig builder Far East Levingston Shipbuilding lifted its net earnings 25 per cent to $34.4 million in the year to Dec 31, 1993. FELS, a member of the Keppel group, said yesterday that earnings per share (EPS) rose
      312 words
    • Article
      Singmarine caps results with two pleasant surprises
      290 17 SINGAPORE Keppel Corp member Singmarine Industries sprang two pleasant surprises when it announced its 1993 performance yesterday. It revealed an 18 per cent jump in earnings per share (EPS) to 13.1 cents for the year to Dec 31, 1993. And it said it
      290 words
    • Article, Illustration
      Without fear or favour
      659 17  -  HOCK LOCK SIEW By Conrad Raj SINGAPORE Stock Exchange of Singapore chairman Chua Kim Yeow's decision to step down from the boards of listed companies must be welcomed by all who saw potential conflicts of interest. Last week, the exchange announced that Mr Chua, 67, was
      659 words
    • Article
      Ex-VDH director sells stake to Indon interests
      383 17 SINGAPORE Former Van Der Horst director Kuok Khoon Hong has sold his stake in the company to Indonesian interests and could have made around $70 million in the process. Van der Horst told the Stock Exchange of Singapore yesterday that Mr Kuok no
      383 words
    • Article
      Transmarco placing out 2.5m shares to raise $10.4m
      136 17 SINGAPORE Upmarket retailer Transmarco is placing out 2.5 million new $1 shares at $4.28 each to raise money to reduce the bank borrowings of a subsidiary. The new shares, to be placed out by Smith New Court, represent 10 per cent of
      136 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        40 17 Mixed '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, GK Goh, Kay Hian, Morgan Grenfell. Phillip and Smith New Court.
        40 words
      • Article, Illustration
        HOT STOCK
        140 17  -  ■By Quak Hiang Whai The only positive thing about HTP Holdings, technically speaking, is its strong trading volume which totalled 8.7 million shares yesterday. The stock rose another three cents to $2.11 yesterday, having broken the resistance at $2 on Monday. HTP, whose price has almost doubled in
        140 words
    • COMPANIES
      • Article
        B Singer to hive off two companies on Second Board
        434 18  -  By Amy Balan SINGAPORE Berjaya Singer is to hive off two of its companies, a toiletries maker and a commercial airconditioner maker and distributor, on the Second Board. B Singer, owner of the Singer Sewing Machine franchise in Malaysia, said
        434 words
      • Article, Illustration
        Lock icon Will this deal be grounded?
        81 18 AFP KUALA LUMPUR An RJ7O Avroliner of British Aerospace taking off yesterday from a small airport in the southern Malaysian state of Malacca as part of its Asian tour. The demonstration was carried out despite Malaysia's decision to bar British firms from participating in government
        AFP  -  81 words
      • COMPANY BRIEFS
        • Article
          Nat Kap to place out 1.73m shares
          88 18 SINGAPORE Sesdaq-listed National Kap has announced that it is placing out 1.732 million new shares of 50 cents each at $1.26 per share. At the price, the shares are going at a discount of about 3.8 per cent on the last transacted price
          88 words
        • Article
          Acma wins Russian distributorship
          66 18 SINGAPORE Acma has been appointed by Unisys Corporation as a distributor of its range of computer products in the Russian market. Acma has proposed a joint venture between its subsidiary, Lityan Systems, and its associate, Lityan Holdings Bhd, to undertake the operation. The distributorship is not
          66 words
        • Article
          Seapower queried over price rise
          61 18 SINGAPORE The Stock Exchange of Singapore yesterday queried Seapower Asia Investments on the recent sharp increase of its share price and turnover. Seapower's share price closed at $2.67 yesterday, up 16 cents on a volume of 5.9 million shares. About a week ago, the company's
          61 words
        • Article
          Tat Lee invests US$5m in China fund
          80 18 SINGAPORE Tat Lee Bank yesterday announced that it has invested US$5 million (557.9 million) in a China venture capital fund. The fund, incorporated in the Cayman Islands, is known as China Walden Venture Investments and is organised by the Walden Group, an international
          80 words
        • Article
          Guthrie GTS finishes USS divestment
          78 18 SINGAPORE Guthrie GTS yesterday announced that it has completed the divestment of its 51 per cent stake in United Software Solutions (USS), a joint venture with IBM Singapore, to Sunway Computer Services. The consideration arrived at on on a willing-buyer, willing-seller basis is 14.2 cents
          78 words
        • Article
          CIS appoints new chairman
          61 18 SINGAPORE Chartered Industries of Singapore (CIS) yesterday announced that Cdre James Leo Chin Lian has taken over from Lt-Gen (Ret) Winston Choo as its chairman. Lt-Gen (Ret) Choo will be leaving soon to take up his new appointment as Singapore's High Commissioner to Australia. Cdre Leo
          61 words
        • Article
          Lock icon China Everbright director to visit S'pore
          114 18 Bloomberg Business News SINGAPORE China Everbright International company director, Tong Sin, said he will be visiting Singapore in the next few weeks, but declined to comment on speculation that the company may increase its stake in Singapore's HTP Holdings. Hongkong-listed property developer China Everbright,
          Bloomberg Business News  -  114 words
      • Article
        Sun Corp changes name, forms new venture
        282 18 SINGAPORE Sun Corporation has changed its name to Cosco Investment (Singapore) to better reflect the management control wielded by majority shareholder Cosco Holdings (Singapore). The renamed company has also announced a new joint venture with a local partner to carry out general and
        282 words
      • Article
        Stamford Tyres, SBS plan tie-ups in Vietnam
        405 18  -  From Loh Hui Yin in HANOI TWO more Singapore-listed companies are planning investments here, joining the already strong business contingent from the republic. Singapore Bus Service is finalising a joint venture with Hanoi Bus Company to operate bus services in Hanoi, while Stamford
        405 words
      • Article
        Lock icon Lien Hoe to buy 30pc of Repco for M$110m
        256 18 Bernama KUALA LUMPUR Lien Hoe Corporation Bhd plans to buy a total of 13.5 million shares in Repco Holdings Bhd, constituting 30 per cent of Repco's enlarged share capital, for MS 110.25 million (Ss64 million). Under the proposal. Lien Hoe will
        Bernama  -  256 words
      • Article
        Lock icon UMW in 2 joint ventures to tap Malaysian IT market
        188 18 Bernama KUALA LUMPUR Diversified group UMW Holdings has set up two joint-venture companies, UMW-EDS Technologies and UPE System Services, to tap the huge information technology (IT) services market in Malaysia. Group managing director of UMW Holdings, Abdul Rashid Abdullah, said
        Bernama  -  188 words
      • Article
        Untitled
        440 18 m Mar 2 UMB lm«t Mgt LM fl 9 Unifuad I.St 1.64 •■PP** Ulm inm Unibond-t- 1.02 1.05 The Commerce 181 190 United Gr Fund' 1.61 1.74 The Saving* Fund 1.65 1.73*d United Alia Fund I.M 198S'porr Prog Fund 0.75 0.79 S'pore Sec Fund 1.13 1.19 Pi MMWUW S'pore Invest
        440 words
      • Article
        Focus on telecoms helps Shinawatra units post strong profits
        551 19  -  Group's move from computer business paying off From Andrew Cooke in BANGKOK THE Shinawatra Group, riding on the back of a booming I hai telecommunications sector, yesterday announced impressive profit jumps by its subsidiaries last year. The three firms Shinawatra Computer
        551 words
      • Article, Illustration
        Lock icon House of Fraser posts £34.5m pre-tax profit
        321 19 Reuter LONDON Department stores group House of Fraser pic said in a path-finder prospectus for its forthcoming flotation that it made pre-tax profit of £34.5 million (SSBI million) for the year ending in January 1994. The group said that if its shares had
        Reuter  -  321 words
      • Article
        Lock icon Write-offs put Kmart US$1.2b in the red
        207 19 NYT NEW YORK Kmart Corp decided to clean house in the fourth quarter, writing off losses on two specialty store chains it sold and taking a big charge for renovations and other improvements in an effort to make its core discount-store business competitive.
        NYT  -  207 words
      • OTHER RESULTS
        • Article
          Lock icon Krung Thai Bank's profit at 4.3b baht
          74 19 Bloomberg Business News BANGKOK krung I hai Bunk pic. I hailand's third largest commcrcial hank, had an audited net profit for the year ended IVc 31 of 4.33 billion baht (SS27O million), an increase of 52 per cent from the previous vear. On
          Bloomberg Business News  -  74 words
        • Article
          Lock icon Bankers Trust Thai unit's profit up 25pc
          78 19 Bloomberg Business News BANGKOK Thai Investment Securities Co. the I hai affiliate of Bankers Trust New York Corp. had an audited net profit for the year ended Dec 31 of 1.22 billion baht (SS76 million), an increase of 25 per cent from the
          Bloomberg Business News  -  78 words
        • Article
          Lock icon Union Asia Finance profit up 12pc
          80 19 Bloomberg Business News BANGKOK Union Asia Finance pic. a brokerage and finance company affiliate of Bangkok Bank, said its audited net profit for calendar 1993 was 902 million baht (SSS6 million), an increase of 12 per cent compared to the previous year. On a
          Bloomberg Business News  -  80 words
        • Article
          Lock icon Land & Houses' earnings up 22pc
          74 19 Land Houses' earnings up 22pc Bloomberg Business News BANGKOK Thai residential property developer Land Houses pic had an audited net profit for calendar vear 1993 of 1.52 billion baht (SS9S million), an increase of 22.4 per cent compared to the previous vear. On a per-share basis, earnings for Land Houses',
          Bloomberg Business News  -  74 words
        • Article
          Lock icon Samart profit up 30pc to 104b baht
          40 19 Reuter BANGKOK Samart Corp pic's consolidated profits were up 30 per cent to 103.9 billion baht (556.5 billion). Samart mainlv operates ground station networks for satellites and manufactures antennas and satellite dishes. Reuter
          Reuter  -  40 words
        • Article
          Lock icon Loxley's earnings soar 50pc
          55 19 Reuter BANGKOK Loxley pic's profits were 50 per cent higher at 193.6 million baht (SSI2 million). Loxley. a diversified company which only recent I v went into telecommunications with a 25 per cent stake in Thai Telephone and Telecommunications Co Ltd (FT&T). has since expanded its
          Reuter  -  55 words
      • Article
        IBM sets up joint venture with Chinese firm
        328 19  -  By Joseph Rajendran SINGAPORE IBM's PC arm has set up a joint venture with the China Great-Wall Computer Group to make, sell and service computers in that country. The joint-venture. International Information Products Shenzhen Co. will initiallv sell IBM's low-priced Value Point
        328 words
      • COMPANY BRIEFS
        • Article
          Lock icon CSR buys Corinthian stake
          77 19 AFP SYDNEY Building products and sugar giant CSR yesterday announced a joint-venture operation in Malaysia, its fourth entry into the Asian region in the past 12 months. CSR managing director Geoffrey Kclls said it had acquired 50 per cent of building materials company Corinthian Industries (Singapore)
          AFP  -  77 words
        • Article
          Lock icon Huaneng plans NY listing
          72 19 Bloomberg Business News HONGKONG China's Huaneng International Power Development Corp will form a holding companv with seven other domestic firms with the aim of listing on the New York Stock Exchange later this vear. the official C hina Daily said. The new company. Huaneng International Power,
          Bloomberg Business News  -  72 words
        • Article
          Lock icon McDonald's sales fall in Japan
          74 19 AFP TOKYO The Japanese subsidiarv of United States hamburger giant McDonald's said yesterday its sales fell last vear for the first time since it was established in 1971. McDonald's Co (Japan) said sales edged downwards to 212.59 billion yen (553.17 billion) in the year to
          AFP  -  74 words
        • Article
          Lock icon HK tunnel profits up 3pc
          52 19 AFP HONGKONG Hongkong's Cross-Harbour Tunnel Co reported a 2.98 per cent rise in its 1993 after-tax profits to HKS236 million (5547.5 million). The company, which operates the first of two tunnels built to link Victoria Island and Kowloon peninsula. reported after-tax profits of HK5229.5 million
          AFP  -  52 words
        • Article
          Lock icon Shimizu sees profit over target
          66 19 Reuter TOKYO Shimizu Corp. Japan's biggest construction company. expects its parent current profit in the year to March 31, 1994 to be higher than its last forecast of KM) billion yen (SS 1.5 billion), a company official said. The companv posted 132.64 billion yen in
          Reuter  -  66 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon World's central banks probe hedge fund trading: report
        321 21 Knight-Ridder TOKYO The United States Federal Reserve and other leading central banks are investigating the trading of highly leveraged hedge funds in the wake of the sharp selloff in government bonds recently, according to reports in yesterday's Wall Street Journal and the
        Knight-Ridder  -  321 words
      • Article
        Kesas taps market for M$1.2b loan, note issue
        150 21 SINGAPORE Maybank and Aseambankers have arranged a M 5422.5 million (***** million) guaranteed revolving underwriting note issuance facility (Grunif) and a MSB4S million bank guarantee to a Malaysian company, Kesas Sdn Bhd. The facilities, underwritten by eight commercial banks, four merchant banks
        150 words
      • Article, Illustration
        Lock icon SEC wooing German and Swiss firms to list on New York bourse
        428 21 IHT FRANKFURT The US is sweet-talking 20 German and as many Swiss companies, including several big banks, about listing their shares on the New York Stock Exchange. Arthur Levitt, chairman of the US Securities and Exchange Commission, said
        IHT  -  428 words
      • Article
        Simex chalks up several records in February
        253 21  -  By Shiv Taneja SINGAPORE Simex open interest outstanding positions rose sharply from mid-February when it began to breach new levels almost daily, culminating in an all-time high of 709.050 contracts on Monday. This is also the Singapore International Monetary Exchange's highest month-end open
        253 words
      • Article
        Lock icon Gadek unit Credit Corp (M) to seek KLSE listing
        428 21 NST KUALA LUMPUR Credit Corporation (Malaysia) Bhd, which is now wholly-Malaysian owned, plans to seek listing on the main board of the Kuala Lumpur Stock Exchange. This will also be one of CCM's main thrusts in its effort to further expand
        NST  -  428 words
      • Article
        DBS buys office space in New York
        159 21 SINGAPORE DBS Bank has bought an entire floor at 420 Fifth Avenue in New York City. Confirming the purchase, a bank spokesman said yesterday that DBS bought the 27th floor measuring 11,850 sq ft. The space will house the bank's international office. The
        159 words
      • Article
        Lock icon German bank official urges changes to derivatives rules
        469 21 Reuter FRANKFURT Regulators should adjust rules for the use of derivatives soon to counterbalance risks in the fast-ex-panding German and international derivatives markets. "We should take the necessary steps to adjust regulatory rules to the new requirements created by derivatives as quickly
        Reuter  -  469 words
      • SMALL CHANGE
        • Article
          Lock icon Citic's HK$500m bond issue
          54 21 Reuter HONGKONG Citic Hongkong Finance signed a HKSSOO million (SSIO2 million) fixed rate bond issue. The seven-year bonds carry a quarterly coupon of 6.9 per cent. It is the first HK dollar bond issue by Citic Hongkong, which is the local offshoot of Beijing's China International
          Reuter  -  54 words
        • Article
          Lock icon Goldman Sachs opens China office
          64 21 AP BEIJING The US investment firm Goldman, Sachs and Co on Monday opened its first China office in Beijing. In 1993, the bank was co-lead manager in 11 bond issues for Chinese companies in Europe, the United States and Asia that raised US$2 billion (553.2
          AP  -  64 words
        • Article
          Lock icon EIB may undertake 3b-ECU project
          64 21 Reuter ZURICH The European Investment Bank (EIB) said it had been invited by the European Union to undertake a programme of lending to 11 countries in eastern Europe. "We have just been invited to undertake a programme of three billion ECUs over three years in
          Reuter  -  64 words
        • Article
          Lock icon Public Bank cuts BLR to 7.6pc
          63 21 Bernama KUALA LUMPUR Public Bank has reduced its base lending rate (BLR) to 7.6 per cent per annum effective from Feb 28 from 7.8 per cent previously. A Public Bank statement yesterday said that with this, the effective lending rates of all loans and
          Bernama  -  63 words
        • Article
          Lock icon Former Bank of Taiwan chief charged
          102 21 Reuter TAIPEI A former president of state-run Bank of Taiwan, the island's biggest commercial bank, and 11 other people have been charged with corruption in a NTS44O million (5526.2 million) property scandal, a prosecutor said yesterday. Pu Cheng-ming, another Bank of Taiwan executive and
          Reuter  -  102 words
        • Article
          Lock icon Citibank to operate system in Manila
          96 21 AFP MANILA Citibank NA yesterday signed an agreement with the Bankers Association of the Philippines (BAP) to operate a modern electronic system to hasten the transfer of dollar funds among the country's commercial banks. The system, which will start operations in April, is expected
          AFP  -  96 words
      • Article
        Lock icon Customer hedging up in Japan currency options market
        518 22 Reuter TOKYO Japan's currency options market is taking on a less speculative character as customers show increasing interest in protecting themselves against currency moves, options dealers said yesterday. "Exporter and investor currency option use purely for hedging has risen steadily," said Akira
        Reuter  -  518 words
      • Article, Illustration
        Lock icon Pest epidemic threatens to worsen Chinese cotton crisis
        252 22 AFP BEIJING China's cotton crisis will worsen this year as bollworm infestation hits "epidemic proportion," while other major crops will also be seriously threatened by pests, the China Daily said yesterday. The bollworm has laid more eggs this winter than usual, the
        AFP  -  252 words
      • Article
        Lock icon Lifting of US embargo likely to boost Viet coffee exports
        294 22 Knight-Ridder LONDON The lifting of the US embargo on Vietnamese goods has removed a major obstacle to Vietnam's emergence as one of the world's leading coffee producing countries, but the effect of the lifting will be limited during the current
        Knight-Ridder  -  294 words
      • Article
        Lock icon India lifts ceiling on exporters forex accounts
        150 22 Knight-Ridder BOMBAY The Reserve Bank of India has raised the amount India's exporters of goods and services can now retain in foreign currency accounts to 25 per cent from IS per cent. For 100 per cent export units and those located in the
        Knight-Ridder  -  150 words
      • Article
        Lock icon European Commission to lighten taxes on chain trading
        198 22 Reuter BRUSSELS The European Commission is expected to adopt a proposal allowing for chain trading in oil products and other commodities to be exempted from VAT and excise duties, commission officials said. Under the new rules, oil, coffee and other commodity shipments
        Reuter  -  198 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        141 22 THE Asian currency market was quiet yesterday as most investors were sidelined awaiting the release of US GDP figures. The US$ opened at 1.5820>0 against the SS, and drifted down gradually over the day touching a low of 1.5808. Profit taking brought it back to
        141 words
      • Article
        Lock icon London
        182 22 Bloomberg Business News LONDON The dollar rallied from a year low against the deutschemark yesterday after a sharp rise in a key measure of US inflation raised speculation about another rise in US interest rates. The National Association of Purchasing Management's manufacturers' price index rose to 67 in February
        Bloomberg Business News  -  182 words
      • Article
        Lock icon New York
        94 22 AFP NEW YORK The dollar was mixed yesterday in active trading after the government reported revised data showing the US economy grew at a torrid rate of 7.5 per cent in the fourth quarter of 1993. The dollar registered a slight jump from European trading to 1.7025 German
        AFP  -  94 words
      • Article
        Lock icon Ivorian coffee output seen poor due to low prices
        196 22 Reuter ABIDJAN Coffee buyers in Ivory Coast say that 1993/94 production will be disappointing, mainly because the low producer price has discouraged fanners from harvesting. "The price is not good enough, so the planters aren't harvesting," said Missa Traore, a large
        Reuter  -  196 words
      • Article, Illustration
        Untitled
        1379 22 Trade-weighted index calculated against Sport's top 14 trading partners. Base year 19g5 IIS$/S$ forward rates Noon Mar 1 SI ■U Ofcr 1-month 1.SBI4 1 5829 2-month l.ttlj 1 582J 3-month 1.3SI2 1.5127 6-month l.MM I.5828 Sourer OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES to at 11m m Mar 1: Singapore
        1,379 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen ends weaker in volatile trade
        1290 23 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures ended weaker in volatile trade yesterday. Dealers said sentiment turned more bearish after the quarterly Tankan corporate survey indicated that the Japanese economy could be bottoming out. "It looks like there is no chance of a rate
        Reuter  -  1,290 words
      • Article
        KL tin dips further to M$14.55
        628 23 COMMODITY REPORTS Tin TIN closed three cents lower at MSI4.SS a kg yesterday in line with a weaker London market and lack of demand, traders said. "Demand is poor. The metal is seen easing because of currency factors and falls in other metals on
        628 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Selling from Japan keeps gold flat
          103 23 TOKYO Selling from Japan and the Middle East caused spot gold prices to slip at midday yesterday, erasing earlier gains from physical buying demand, dealers said. For the day, however, spot gold bid ended unchanged from late New York trading on Monday. "Gold moved
          103 words
        • Article
          Taiwan steel plant to double capacity
          81 23 TAIPEI Taiwan's Yieh Phui Enterprise will double its production capacity in July when new facilities begin full operation, a company executive said yesterday. Yieh Phui plans to start test runs on its expanded continuous galvanising operations in the beginning of April, the executive said.
          81 words
        • Article
          Japan's Jan metal exports down
          96 23 TOKYO Japan's customs-cleared exports of copper cathode and sections of cathode totalled 7.525 tonnes in January, down 14.4 per cent on the year, according to figures released by the Ministry of Finance yesterday. Exports of zinc totalled 2.086 tonnes in January, down 22.4 per cent
          96 words
        • Article
          US revises M'sia palm oil stocks down
          95 23 KUALA LUMPUR The US agricultural attache in a report here yesterday revised downward its projection for Malaysia's palm oil stocks at the end of March. The report put end-March stocks at 670,000 tonnes, down from 800,000 forecast last month, and down from an
          95 words
      • Article
        COMMODITY PRICES
        1394 23 ByUtA. nil POT Hippifi CiMMMy ExdMMg* (fitirtt ctostaf m it Um) RSS 1 Cwrtract (S cents/kg) Ooae Volume Open Month High Low Sett (tonnes) Interest Mar 94 139.50 750 Apr 141.00 4,225 May 142.75 4.800 Jun 143.75 5,250 Jul/Sep 145.25 4,200 Oct/Dec 147.00 300 RSS 3 Cwrtiact (US
        1,394 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1255 24 1.6 The Australian share market clawed back from an afternoon futures-led fail to close just in the black after a day of mixed fortunes. Brokers said investors remained nervous with the local bourse giving ground after a positive opening yesterday. "It's been like a midday tide. The futures started
        1,255 words
      • Article
        Manila
        654 24 -105.96 Philippine share prices plunged headlong again yesterday as foreign investors continued to stay away from the market, which analysts say is overvalued. The composite price index at the Manila Stock Exchange plummeted 105.96 points, or 3.70 per cent, to close at 2,755.65, while the indicator at the rival
        654 words
      • Article
        Taipei
        597 24 +37.8 Taiwan stocks closed higher in what brokers described as a technical rebound after four days of falls, but sentiment remained very cautious as many players believed the market's slide might well resume. The weighted index moved in a 5,362-5,472 range before ending 37.80 points up at 5,452.44. Turnover
        597 words
      • Article
        New Zealand
        304 24 +25.8 New Zealand share prices rose strongly again yesterday, building on Monday's gain after being hammered last week on fears about global financial markets. Ord Minnett equities director John Rattray said New Zealand investors appeared more nervous about world markets than investors in those markets are. "The crucial
        304 words
      • Article
        Bombay
        80 24 -138.4 Stock prices slipped further in after hours kerb deals on selling by speculators who had bought just before Monday's national budget, brokers said. In kerb. Reliance Industries was quoted at 392.50/95 against 405 at the close of the official session, brokers said. During the official session, prices had
        80 words
      • Article
        Untitled
        347 24 Seoul F* a w*(wi +7\nfcuk Imunncr .2140 00 -***** Aw Cement 290 00 -100 Btik Yam ***** -500 Bank Of Che Ju 129 00 8 00 Bank Of Putin 445 00 -1500 Boo koofc 212 00 II 00 Byuck San 168 00 300 Cheil Synthe Tnt ***** -12 00 Choi*
        347 words
    • WORLD STOCK MARKETS
      • Article
        London
        812 24 -57.5 London stock prices suffered from the high US GDP figure and from the German Bundesbank's lowering its securities repurchase rate only slightly yesterday. The Footsie 100share index fell by 57.5 points or 1.7 per cent to end at 3,270.6, washing out all of the Monday gains. Gilts lost
        812 words
      • Article
        Paris
        144 24 -54.94 Uncertainty surrounding the direction of interest rates sent French shares skidding into deep negative territory by the close and dealers said weakness may continue if investors failed to regain confidence in lower rates and company results. Trading was dominated yesterday by arbitrage between cash and futures and volume
        144 words
      • Article
        Frankfurt
        263 24 -1.17 pc The Frankfurt stock market was also weak yesterday, and traders blamed the Bundesbank's less-than-ex-pected cut in the securities repurchase rate to 5.97 per cent against the previous 6 per cent. The DAX spot trend index lost 1.17 per cent by comparison with the Monday finish to close
        263 words
      • Article
        Brussels
        192 24 1.1 Belgian stocks rose after the central bank cut its main lending rates. The Bcl-20 index of leading stocks closed up 1.10 points at 1,516.90. Around 439,930 shares changed hands. The market received a boost after the Belgian central bank surprised investors by cutting interest rates 15 basis points,
        192 words
      • Article
        Milan
        180 24 -1.07 pc The Milan stock market was pulled down on anxiety about legislative elections on March 27-28 and the weakness of Italian treasury bonds and the lira. The Mibtcl index shed. 1.07 per cent on the day to end at 10,367 points. A trader said the market had never
        180 words
      • Article
        Amsterdam
        211 24 -4.81 Dutch stocks closed lower as fears of higher US interest rates continued to unsettle investors in stock and bond markets, traders said. The Amsterdam EOE Index of the 25 leading Dutch stocks fell 4.81 points to 415.91. Declincrs outnumbered advancers by 22 to three. Volume was 8.7 million
        211 words
      • Article
        Zurich
        224 24 -40.8 Swiss stocks fell yesterday, pushed down by weaker bond and stock markets across Europe and in the US. traders said. The Swiss Market Index, or SMI, which tracks the top 22 blue-chip stocks. lost 40.8 points to dose at 2,847.40, with 17 stocks falling, and four advancing. Zurich
        224 words
      • Article
        Johannesburg
        288 24 +5 South African shares were given a boost in afternoon trade by apparently congenial talks between leaders of the ANC and Inkatha in Durban, dealers said. The gold index ended nine points lower at 1.986 from an earlier 1,958 low. The industrial index added five points to 5,614 and
        288 words
      • Article
        Toronto
        260 24 -28.98 Toronto stocks dropped across the board on renewed inflation fears after a sharp upward revision in fourth quarter US gross domestic product data. The TSE 300 index fell 28.98 points to 4.394.86. Volume totalled 16.04 million shares valued at CS2OB million. On Monday, stocks zoomed upwards in light
        260 words
      • Article
        New York
        735 24 -21.1 The Dow Jones industrial average was down 21.10 points to 3,810.92 at 11 am EST yesterday. The key barometer was ahead 3 points shortly after the market opened. The New York Stoek Exchange composite index was oft 1.23 to 258.00. while the S&P 500 index was down
        735 words
      • Article
        Untitled
        639 24 Stockholm Mar I Sfcr +74 sea ***** -100 A«ia I'4 00 -4 00 Mla> Copoo 46« 00 -2 00 Encoon TdlM \BR 14? 00 -4 00 tub 27»00 S00 S-E (Unkrn M00 -J 50 SKF 144 00 5 00 Sandvik 129 00 uncti Skamtia ***** -2 00 Volto 64*00 -14
        639 words
    • Article, Illustration
      Lock icon HONGKONG
      3123 25 Bloomberg Business News HONGKONG Hongkong stock prices fell 2.52 per cent yesterday as investors reacted to earnings reports by major hanking group HSBC Holdings and one of its major subsidiaries. The Hang Seng Index of top shares fell 261.X7 points to 10.145.36. Turnover was a moderate HK55.67 billion. HSBC
      Bloomberg Business News; Source:; Source: Bridge Info  -  3,123 words
    • Article, Illustration
      CHINA
      503 25 THE Shanghai market faced another day of quiet trading yesterday as the CLSA B index edged slightly up 1.07 points to 915.07. The A index lost 81.34 points to 4.006.48. Dazhong and Rubber Belt lost 3.2 per cent on slim volume while Lian Hua Fibre gained 4.6 per cent.
      503 words
    • Article, Illustration
      Lock icon TOKYO
      2501 25 Reuter TOKYO Foreign investors shrugged off a slightly disappointing Bank of Japan (BOJ) quarterly corporate survey and left Tokyo stocks noticeably higher at the close yesterday. But brokers said the Nikkei Average is unlikely to continue its upward surge. "The Nikkei Average is ahead of expectations so there is
      Reuter; Source: Bridge Info  -  2,501 words
    • Article, Illustration
      Lock icon BANGKOK
      1697 25 Reuter BANGKOK Thai stocks managed to close the day up just 3.04 points to 1.375.97 in sluggish trade yesterday as in\estors stayed on the sidelines in the absence of good news after Monday's big falls. Turnover slumped to its lowest level since early in October. A slew of corporate
      Reuter; Source: Bridge Info  -  1,697 words
    • Article, Illustration
      Lock icon JAKARTA
      1152 25 Reuter JAKARTA Share prices closed mixed in slow trading yesterday with market activities focused on new issues and right issues, brokers said. The official index ended 0.18 point higher at 546.41. "There were no major movements in the market. Overall focus. hy hoth foreign and local players, remained on
      Reuter; Source: Bridge Info  -  1,152 words
    • Article
      CLOB INTERNATIONAL
      2723 26 MOST ACTIVE volume IV£i Mm M >M (Nil) Mcrung I otp I0.'4I4XK) VI Drtdg Mk K.4N0in Mct.i-pk* Hit TMX.UtU \MI>RMV :'>(**» Mclropkx ISK h IOMUU \SH "HK VMOIK» kjmunung K.han Hkfe -IV 4HM00U IM H MK 4. 7 *)t*«l VI Profkrrlict (KM) l iiolnurk-. Bhvl 4 44IMMI lk'TMvj(iuHip
      2,723 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares decline amid lack of foreign interest
        5815 26 Bloomberg Business News KUALA LUMPUR Malaysian stocks fell 1.09 per cent yesterday as foreigners concerned about the direction of the ringgit and the British-Malaysian trade row stayed away, undermining demand for blue chips and weakening confidence among local investors, analysts said. The Kuala
        Bloomberg Business News; Source: Bridge Info  -  5,815 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7649 27 MAIN BOARD Transaction date: Mar 1 Gr Or 1993/94 Um Vol Da* Last Qwilr LN> Dit >W \*t VI Cap High Lo» ompaa> Sale COOO) High U« B«>.r Vlkr S Or S P't Mnil INDUSTRIAL AND COMMERCIAL 1440 260 I VM IIOOsI -10 3 > 11 JO 1100 1100 1140
        7,649 words
      • Article, Illustration
        Lock icon Prices down on expectation of lacklustre shipyard results
        1947 28  -  By R Sivanithy SINGAPORE Share prices closed weaker yesterday on expectations of unspectacular shipyard results and a softer sentiment in Malaysian stocks. Interest throughout the day was also subdued by the lack of clear signs from overseas markets, in particular, the United
        Charts by Bridge Info; Source: Bloomberg  -  1,947 words
  • Page 17 Advertisements
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      407 17 NEWS VALUE How today 's news might affect your stocks S'pera dbk drive iadastry w*H dgwoaily (pg 1) No listed company in this industry, but some listed companies such as Amtek do provide support to the industry. FanHy fend Mi—to— aaethor cfaaage at Yea's (pg l) Could be both positive
      407 words
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      861 18 mis E Marketing Institute of Singapore XEOUTIVE DEVELOPMENT PROGRAMMES Date: 7 ft 8 March 94 Time: 9am spm Mella at Scotts Fees: $600 (MIS member) 750 (Non-member) Seminar Objectives To highlight the changing patterns of retailing distribution To distinguish the powerful purchasing behaviour of the buyer In chain outlets To
      861 words
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      Page 18 Advertisements Column 2
      6 18 Dividends table has been held over
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      648 19 I Straits Steamship Land Limited I (Incorporated in the Republic of Singapore) UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1993 I The Directors advise the following unaudited results of the Company and of the Group for the year ended 31 December 1993: I COMPANY GROUP 1993 1992 1993 1992
      648 words
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      701 20 SFAR EAST LEVINGSTON SMPBUNXNNC LTD FE L S (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1903 The Directors of Far East Levingston Shipbuilding Ltd advise the following unaudited results of the Company and the Group for the year ended 31 December 1993:
      701 words
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      Page 20 Advertisements Column 2
      875 20 Keppel Bank of Singapore Limited (Incorporated in the Republic of Singapore) The Board of Directors of Keppel Bank of Singapore Limited is pleased to announce the following:The Group The Bank Incr/ Incr/ 1993 1992 (Deer) 1993 1992 (Deer) Ss'ooo SS'OOO Ss'ooo SS'OOO Interest income 210,303 169,033 24.4 150,208 115,684 29.8
      875 words
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      761 21 N^psingmarine Singmarine Industries Limited (Incorporated In the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1993 The Directors of Singmarine Industries Limited advise the following unaudited results of the Company and the Group for the year ended 31 December 1993; COMPANY GROUP 1993 1992 1993 1992
      761 words
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      Page 22 Advertisements Column 1
      118 22 --MAPAN atYour Fvn^ertips to/Ime. Japan its economy politics and many more at your fingertips JAPAN: AN ILLUSTRATED ENCYCLOPEDIA contains over4,ooo colour photos and illustrations. More than 2 million words in 12,000 entries. Nearly 100 feature articles and eye-catching pictorial essays. All these plus 24 pages of chronological charts, a full-colour
      118 words
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      316 23 BUSINESS TIMES TOLL-FREE TEL. No. 1 800-741-1883 FAX:74I-Ig9S UNITED INDUSTRIAL CORPORATION LTD (IncorponM in It* Republic of Singapore) LOST SHARE CERTIFICATES Applications have been made to the Directors ot the abovenamed company to issue duplicate share certificates in place of the following share certificates which have been reported lost or
      316 words
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      Page 23 Advertisements Column 2
      69 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures ure caiiicd instead. You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the nigner oemano lately.
      69 words
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      25 24 m iif ni ROY EASTERN WATCH, LUCKY PLAZA, #01-74. #01-86/87/88 ORCHARD ROAD TEL 734 3139 DELUXE EASTERN WATCH, CENTREPOINT, #01-18/20 ORCHARD ROAD TEL 235 2536.
      25 words
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      117 25 Available e.clusively at: CHANGI WATCH GALLERY Changl Airport. Terminal 2 Tat; 545 4947 CORTINA WATCH CENTRE Funan Centre Tal: 337 1461 Marina Square Tel: 339 1728 Raffles City Shopping Centre Tel: 339 9185 Lucky Plata Tel: 235 0084 DELUXE EASTERN WATCH Centrepoint Tel: 235 2536 ROY EASTERN WATCH Litchy Plan
      117 words
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      67 27 B Mondial Takes a Shine to Ngee Ann City To add sparkle to your portfolio, come to the dazzling new Mondial Showroom. Mondial. Now at Ngee Ann City. For all your internationally certified 1 G.I A, H.R.D and 1.G.1 diamonds, I emeralds and other gemstones. NEW SHOWROOM: MmUbd Ngee Am*
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      Page 27 Advertisements Column 2
      5 27 The Straits Times Classified Where
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      334 28 THE COMP AMES ACT, 1 CHAPTER SO SECTION 200(2X8) NDnaormgumoN ova SKOU SIWPPHItt PTE LTD (IN MEMBERS'VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of OveSkou Shipping Pte Ltd held at 50 Raffles Ptace, #17-00 Shel Tower, Singapore 0104 on the 20th day of February 1994, the fofiowing specM resolutions sore
      334 words
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      Page 28 Advertisements Column 2
      338 28 IN THE MATTE* OF THE COMPANIES ACT. CAT. SO AND SINOAFIUQUEIMPEX PTE LTD (la lliwliewf Viiliawy UqaMedna) AiaeExeacediaary O—id Meeting the abovceMMd oowmbt dahr coeveaed aad ketdai 50 JalaaSahaa #21-04 Jalaa Saltaa Ceaue, Si»p|»iw 0719 oe mi day of Febwary 1994 Ike Mm iag Special Reeohboaa were paucd:(I)ReeolvedtkaitkeCoapaeybewoead ■p Votaatarily
      338 words
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      381 28 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX 741-1298 INTRACO LIMITED (Incorporded m the ftapuMc olSingapore) LOST SHARE CERTIFICATES Apphcabons taw been made to the Directors ot the abovenvned company to issue duplicate share certificates in place ol(ielolloeing share certificates which tow been reported lost or destroyed Na.tftfMraa Cartifkata Mm. Kmm
      381 words
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      Page 28 Advertisements Column 4
      129 28 AM of these securities having baen sold, this announcement appears as a matter of record only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities. New Issue February 1994 U.S. $2,000,000,000 Ontario Province of Ontario (Canada) Floating Rate Notes due August 1999 Lahmanßrofcara MerrH
      129 words
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  • Shipping Times
    • Article
      More newbuilding deals reflect buoyancy in box shipping
      474 29  -  By Rahita Elias SINGAPORE Optimism has returned to the container shipping industry, judging by the number of box ships on order. According to a recent report published by the Bre-men-based Institute of Shipping Economics and Logistics (ISL). the number of newbuilding contracts
      474 words
    • Article
      Lock icon Ore bulk carriers more prone to accidents: Intercargo study
      384 29 Knight-Ridder LONDON Ore bulk oil carriers (OBOs) are nearly four times more prone to accidents than bulk carriers, according to a report just produced by International Association of Dry Cargo Shipowners (Intercargo). The association has analysed loss statistics for bulk carriers,
      Knight-Ridder  -  384 words
    • Article
      Lock icon New Hull insuring club for Greek, Cypriot vessels
      390 29 Lloyd's List LONDON A new hull and machinery' insuring club exclusively for Greek and Cypriot shipping has been launched in Limasso! in a move which underlines the pent-up frustration of Greek shipowners with the marine insurance establishment. At the outset, the Hellenic
      Lloyd's List  -  390 words
    • Article, Illustration
      Lock icon Sole US shipping line in Vietnam
      43 29 Reuter HO CHI MINH CITY California-based American President Lines (APL) is currently the only US shipping company with a representative office in Vietnam. This picture, showing API 's cargo in Saigon Port, was taken on Sunday. Reuter
      Reuter  -  43 words
    • Article
      Lock icon Poor rates for open tonnage in US Gulf
      269 29 Seatrade Week Newsfront COLCHESTER. England Market conditions continue to deteriorate for owners with open tonnage, especially those with open handy-size ships in the US Gulf, as rates near what some term as lay-up levels. Even so, charterers are still able to drive
      Seatrade Week Newsfront  -  269 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        604 30 VesMi Voy No Berth Arrival Departure Vtssd Voy No Berth Arrival Departure Jlirong Port Batam Speed A0894* POIA 0203 1930 0703 7330 Oewi Setaya 04,94 13 aBngs.de 0203 0800 Batam Speed ****** P01A 0203 0700 0203 0830 Ow Guna 02/06 94 12 alongside 02 03/0330 Batam Soeed4
        604 words
      • Article
        CONTAINER SCHEDULES
        1844 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Aci Rom 0506 04/2000 3 02/0700 02/1159 02/1400 4 02/1200 02/1459 02/1700 Ac« S«an 107* 02/1500 1* 01/1500 01 1659 01/1900
        1,844 words
    • Article
      THE SHIPPING GUIDE
      11838 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, ihe 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
      11,838 words
    • Article
      DAILY FREIGHTS
      1395 45 THE Baltic Freight Index for spot dry cargo shipping rates remained unchanged at 1,117. Rates looked to have dropped sharply on the key US Gulf to Japan run. brokers said. Yukong was said to have paid a weak U5519.25 with combination ports discharge for a 53.000-long ton heavy
      1,395 words
    • Article
      TRANSPORT DIARY
      386 45 COURSES Title: Container Yard Management (SDF 50%) Duration: Mar 2 May 4 Organiser Port of Singapore Authority Tel: For further details/registration contact SPI at 321-1707/321-1824/321-1825 or fax: 321-1416. Title: Harbour Craft Master's Course (Module 1) Duration: Mar 3-4 Organiser Port of Singapore Authority Tel: For more information contact
      386 words
    • Article, Illustration
      German tax breaks: subsidy or sense?
      1280 46 While there has been silent acceptance of Germany's plan to offer tax breaks to its shipbuilding industry, it remains for the OECD to give the official green light THERE will be questions raised at the Organisation for Economic Cooperation Development shipbuilding committee, and a
      1,280 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Thailand, US to resume air talks to break 3-year deadlock
        582 48  -  From Alan Boyd in BANGKOK THAILAND and the US have agreed to resume talks on a three-year-old aviation dispute that has raised fears of a damaging air war between Asia and America. The Washington negotiations are seen as the most
        582 words
      • Article
        Lock icon Suzuki needs private partner for Spanish unit: minister
        200 48 Bloomberg Business News MADRID Industry Ministry Juan Manuel Eguiagaray said Suzuki's Spanish unit, Santana Motors SA, will not be able to keep its Linares plant running without a cash injection from a private partner. "If we do not find a private partner,
        Bloomberg Business News  -  200 words
      • Article, Illustration
        Lock icon Algerian hijackers surrender
        84 48 Reuter ALICANTE, Spain Three men who forced this Air Algerie Boeing 111 to fly to Spain gave themselves up on Monday at Alicante's airport. There were 120 passengers and seven crew on hoard the domestic flight between Oran and Annaba when the plane was hijacked. The hijackers
        Reuter  -  84 words
      • LOG BOOK
        • Article
          Lock icon Joint chairman for India's airlines
          84 48 Reuter NEW DELHI The Indian government on Monday appointed a joint chairman for state-owned Air India and Indian Airlines, the Press Trust of India (PTI) said. A top official in the ministry of urban development, K Padmanabhaiya, has been made joint chairman of the two
          Reuter  -  84 words
        • Article
          Lock icon United expands smoke-free flight test
          114 48 Bloomberg Business News CHICAGO United Airlines said on Monday it will expand by June a plan that began yesterday to make some international flights smoke-free. Smoking is now banned on all domestic airline flights. The no-smoking sign will be turned on initially on one of
          Bloomberg Business News  -  114 words
        • Article
          Lock icon Saab cuts 1993 loss to 1.4b kronor
          116 48 Bloomberg Business News STOCKHOLM Saab Automobile, jointly owned by Sweden's AB Investor and General Motors of the US, said its 1993 loss after items narrowed to 1.37 billion kronor (*****.5 million) from 2.69 billion kronor in 1992. The results included a one-time charge
          Bloomberg Business News  -  116 words
        • Article
          Lock icon Short-time working at Peugeot
          77 48 Reuter STRASBOURG PSA Peugeot Citroen has set between two and seven days' short-time working for March at its factory at Mulhouse, eastern France, the company said on Monday. The main Mulhouse assembly line, which makes the 106 model, will shut for two days next month, while
          Reuter  -  77 words
        • Article
          Lock icon Ford forms China unit
          49 48 Bloomberg Business News DEARBORN, Michigan Ford Motor Co has formed an organisation in China to manage all its activities there, including possible parts making or vehicle assembly joint ventures with other companies. James J Paulsen was named president of Ford China Operations. Bloomberg Business News
          Bloomberg Business News  -  49 words
      • Article
        Lock icon Air cargo recovery seen in tonnage but not in rates: experts
        500 48 Reuter LONDON Traffic volume in the US$27 billion (5542.9 billion) global air freight industry is rising sharply, sparking hopes of a rate recovery but experts say over-capacity and cut-throat competition will continue to bear down on prices. "Without doubt
        Reuter  -  500 words
      • Article
        INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
        1131 48 Page Col ABC Containeriine 12 5 Accord Group 8 1-3 Africa Container 16 4 Ahrenkiel Liner 4 1/2 AOEShpg 15 4/5 ANL 3 1/2 APL 5 3-5 Appenship 8 4/5 Arabian Express 15 3 ASCL 5 5 Avant Shpg 6 4/5 Bait Orient
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1673 48 ag nm no nm no. a& nm era nm no OK51Q 1800 0K511 2305 Fatoaha SQ989 1705 SQ990 0130 *da*aMa SQ227 2030 Cwiw SRI 83 2140 A—W RJ182 1440 RJ183 2205 Cmngliou CZ353 1255 CZ354 1420 O—tordiw SQ319 0610 SQ324 2230 VN741 1310 SQ176 1130 KL831
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      175 29 Drager, SAFETY EQUIPMENT J (SOLAS AWWCAHD) PA9O MARINE II Specifically Designed hoc Maritime Applications lIICII QUALITY llir.il PERFORMANCE HIGHLY AKFORDABI.K W Draeger South East Asia Pte Ltd 67 Ayer Rajah Crcscent #06-03 Singapore 0513 Tel: 773 2133 Fax: 773 2033 fix: RS ***** DWSING German tax breaks: subsidy or sense?
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      855 29 VISA FREIGHT SERVICES PTE LTD 1 #<— JU THE TOTAL TRANSPORTATION PEOPLE 1800 *****66 I INTERNATIONAL MARITIME I I gffS 1 EXHIBITION CONFERENCE Qlf' I I ~gcit 5* 22 -25 March 1994 I I SingaPort '94 World Trade Centre Singapore I I SingaPort Asia's number one market place for buyers
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      410 30 TSKUNE AGENCIES (S) PTE. LTD. 'I 1 17 -W Tmyri Tel: 226-3363 PEJSJ J. LliMt S% 3 sks, n TOKYO SENPAKU KAISHA, LTD. CR No: **********0N OBTMMB TOY fll KM KT Ml it W MO Kg TYO YOK SIC WO M> PACffIC MHO* 0218 23.02 *25 02 25.02 01.03 0103
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      1798 30 I "AfVyi V--d I DUCT TO USA WtIT COAST (BCX-BPOHB CAUPOWA OTW»—I TO BAST MHWMM BULL COWS— MWWM JKSL mt I sum I li Mi in I II lif JBBIS cwc m mai kskl «orno stw bmetti nm* stmm* mum* ir nor anvr* uttamM mtm vmCALIfOANM MERCURY *59 I 23
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      2312 31 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES 77C.KC.IA? I TEL: *****13 FAX: *****42 pfllw? fiJfh TEL I DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) PENANG TEL. *****4 ***** CFS TEL. *****6 BOOKINGS TEL: *****80 *****81/ *****82 |f*f|j r0 ,oduc» I CFS (PSA F5) TEL: *****21/ *****79 Vrt nV oo clt at I
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      1850 31 ■QEHSBaHEa SAILINGS TO HONGKONG/TAIWAN/JAPAN/KOREA/CHINA SL EXPRESS V.206E ETA SIN 7TH MARCH 94 MAYVIEW MAERSK V.9404 ETA SIN BTH INARCH 94 VMMI Voy ETA CTO By 5 DESTINATIONS n* MM MAYVIEW MAERSK V 9404 fcl cv aetn oaao hps HHH ■■NHiHHHI CfS 07/03 2358 HRS JOH LPK PEN OAK LOB SFO
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      1636 32 AQABA R OAM/ [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S'TON H'BURG A WERP HAVRE MALAYSIA DANUBE 12/108 2/3 19/3 22/3 20/3 Port Kelang Penang STUTTGART EXPRESS 02/308 5/3 14/3 20/3 23/3 27/3 28/3 30/3 Pasir Gudang KAQA 34/109 9/3 26/3 29/3~ 27/3 EAST MALAYSIA DRESDEN
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      598 32 > i a mum FCL Breakbulk Service to: AFGHANISTAN NAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul tor all services C.I.S.* Vostochoy, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam e Mongolia e Hungary CSFR e Poland FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN
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      Page 32 Advertisements Column 3
      1096 32 NORASIA WEEKLY SERVICE WITH FIXED DAY SAILING m LA SPEZIA r FFOrS r BARCELONA, VALENCIA FOR MORE DETAILS, PLEASE CONTACT: MS TAN SEOW CHUAN/MS FELICIA PEH STORE SEWERAI AfiEWT: NORASIA AGENCIES (S) PTE LTD a< to M?CTPTt« ICt TP- IU: 47HM3 FAX: 473 MM VEMCE/TRESTE/ANCttIA/ ALEXAHOtIA/PORT THJULANO AGENCIES CO LTD
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      1530 33 H STRAITS SHIPPING PTE LTD 10 Hm Chiang Road #11-01 Koppol Towers Singapore 0208 T«I:^22SO7SB STRAITS VENTURE VOCE Muara. Lab 28 Fafc-1 iter Mft 03 Mar PCU LCL CONTAMBI AMD MtCAKBUIK KftVtCf TO MMM WW QUMCA MEMJBt VOX KK. Skan. Tr» 02-03 Mar 03 Mar 04 Mar UUAH BROOKE VO7E
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      1190 33 SINGAPORE AGENT: DfiiA PAlltairiPl*G P&O Containers (Singapore Agencies) Pte Ltd tml W VjlJlllnl lICI 10 Hoe Chiang Road #07-01 Kappel Towers, Singapore 0208 -w Te»: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 W' ■> CR Number **********0Z FIRST CARRIER TO OFFER SERVICE TO: INLAND IRAN TEHRAN ISFAHAN
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      601 34 i|K EKA JAY A AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENT ATI VE S IN CHARGE MYAMMAH TRADE MUM IHAMOPHON4/PIMCT MLUMIWH amw mmtmnrmm HO CH» WHH CUT in hoc unai m—ami ■ttivw cham a rota mm— TO MYANMAR/YANGON 3EMI CONTAINER SERVICE M OCEANLINES mrrn spok stout TWI 15/?
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      1584 34 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FOR «l SM |UNE HAUL SEA TW Po* FW WL IIK HAUL SAV IH NTC HARM HASAN OI3E 4/3 H. LORGBEACH 047E 24/3 25/3 28/3 HNUM HASAN OI3E 4/3 H. SAVANNAH 042E 7/4 t/4 10/4 HAMN
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      1385 34 d -1 I N1 iff lit Bt lit TO WT OSI NET SIC TYO Ul 06 Ml IYC IMY MM ROM 1W K nO CMB fit W I I SLORY 11-1(1 1/3 hft 7/3 1/3 11/3 U/3 15/3 17/3 11/3 20/3 l»/3 31/3 13/4 15/4 l(/4 8/1 27/4 21/4 2»/4
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      2170 35 PLEASE CALL II II I NEPTUNELINK 1800 *****00 (TOLL-FREE) U H JSCS I FOR THE FOLLOWING INFORMATION: HI II :r:.~ m vessels eta/etd/exchange rates/shipping services/ ■I FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ VESSEL VOY TBT* LOS OAK VAH I SIT iTL CCG CLE OM D4t DtT HOI MFH NOR \)A KM
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      Page 35 Advertisements Column 2
      1089 35 A MULTILINE SHIPPING PTE LTD ■V (a member of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKHGS: *****64, *****51, *****31, *****13 BALTIC: MWMO *****97 OUTWARD *****10 T/S *****10 BLASCO: INWARD *****65 OUTWARO *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE MSURANCE: *****57 INVENTORY: *****59 AGENTS: KL: 03-*****75/697 PKLG:
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      1180 36 K44 v AS AGENTS "V" LINE (SINGAPORE) PTE LTD (CR No: **********0 M) TEL: *****77 TELEX KAWAKI R*****5 FAX *****16/7/8/9 I MALAYSIA "R" LINE MARITIME (MALAYSIA) SON MO I TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGJ *****5 6 1 INDONESIA P.T. SARANA LAUTINTERNUSA. TEL: JKT *****08 EXPORT
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      Page 36 Advertisements Column 2
      222 36 commemai racmc Shipping J TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU STORE PK LOADING tOt SKIPPER N SID SID SLD FLU/ROT/ANT/UK/ BELFAST SEA CONCERT 4/3 1/3 12/3 FIU/ROT/ANT/UK WORLD AJAX 20/3 25/3 2S/3 FLU/ROT/ANT/UK Loads Sabafi/lndonoiia C R NO. 133C*****00H CONTIPAC SHIPPING PTE LTD T«fc *****32 Fax: *****49 P.K. MULTIPORT SDN
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      286 36 ITf£\ FOOWB SUM Y~ SHIPPING (PTE) LTD. WHOLESALE CENTRE, BLOCK 1, #0310 SINGAPORE 0511 BOOKING/ENQUIRIES CR NO: 1096M*****W TEL: *****55 (12 «s-OUTBOUND) *****77 6ires- INBOUND FAX: *****16 TELEX: RS *****/***** FBSHIP VESSEL VOY ETA ETD DCSTmTIOR GULF SULTAN 4/94 7/3 9/3 PIAJU/PAIEMBANG SEAMAR 3/94 4/3 S/3 PONTIANAK/SWTETE MEL 3/94 7/3
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      823 36 @APPENSHIP /Q\ HAMBURG ITV/ CONVENTIONAL A INDEPENDENT LINER SERVICE V EUROPE TO SOUTH EAST ASIA AND FAR EAST ttSSEIS LOAWN6 PORTS DISCHARGE LOADING FOR UNISON HAM 31/01 ANT 05/02 SPORE 11/03 BKK. LAEM INZMEMER PARK HOMY UK KLP 09/02 TGN 21/02 TRT 02/03 SPORE 02/04. HUANGPU/XINGANG HO#*»TY SZE 16/02 HAM
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      345 36 C GOLDEN LINE A J> GUAN GUAN SHIPPING \S>S>T\ (PTE) LTD 23 Ttto kftf Stmt SMGtfOKE 0104 TU *****11 (10 IMS) Fai &343M4 (CD Na. ********** M) 9TKAIT9/PKII9IAM CULT HITICT S pore P Mang Penang 601 DIN KM Karachi Out* 14/15 ttar Hum sua Mocxi xm> i t m» CMWA
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      1048 37 PACIFIC INTERNATIONAL LINES (PTE) LTD 1 I 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I I CB NO: **********06 KfrMaWoW VOV sm BKK 8«M VEB«L *<>V MN JJCT SIN > EQUATOR EMERALD 40N 3/3 6/3 10/3 4003 S/3 11/3 15/3 h #INO MARINE 37N S/3 a/3 12/3 EQUATOR RUBV
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      1294 37 wssas wy~~ """sT"" iwt hottobam mtwoip thmbs u hawk MU£ PAqiMA /MTU 10/43 07/04 04/04 05/04 00/04 07/04 MUi PHYPM 0737W 10/03 00/04 10/04 11/04 17/04 13/04 ■U DC trim 1732 m 73/03 15/04 17/04 l«/ 04 10/04 10/04 Will K ttSTA 743?W~ 77/04 74/04 75/04 70/04 77/04 *MSO ACCCPTMG
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      381 37 BSA 41. M MYANMA B FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdf PAGAN V2O7N 7/9 Mar HP* AN V? 00* 15/11 Mar MALAYSIA AGENTS BOUSTEAD SHTftNG AGENCKS Ml m 03 *****00 PKL IE 03 3US7C7 PEN m 04 *****5 PCD m 07 *****1/4
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      86 39 MARITIME INSPECTION CORPORATION Naval Architects/Marine Engineers/Marine Surveyors, established in 1967, more than 20 years experience in international ships' registries. Specialise in: Ship registration under open registry countries Offshore business company formation Statutory survey and issuing of mandatory Load Line, SOLAS, MA.RPOL Certificates on behalf of the Governments of several open
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      2855 40 imwrwin nwwt <H»» A 5«21 smtfrt 0207 Hoc or no-. luvnttm uumhccsu Knit inpr 03-2414»c M iO) JH»l>in>j A T MAM UME: 226 1300 BOOKINGS: 226 1113 Namg —tt M4J f I I\TA I Ixl Hi? I/L* 22f 1942 Mfc 226 1949 Gmo CMM Stowmf 5* BM V 1 1
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      661 41 (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 7/3 ROTTERDAM 7/3 AARHUS/ COPENHAGEN 7?3 HAMBURG/BREMEN 7/3 MARSEILLE/FRANCE 6/3 FELIXSTORE/UK 7/3 BARCaONA/SPAIN 3?3 LEHAVRE/FRANCE 7/3 GENOA/ITALY 3/3 ANTWERP/BELGIUM 773 LOS ANGELES/WC/PI 5/3 SYDNEY/MELBOURNE 3/3 NEW YORK/EC 5/3 FREMANTLE/ADELAIDE 4/3 VANCOUVER
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      864 41 ■f I S"! i*l vessel vov sin pen I WW —*3 BUNCA SEROJA 4037 Thu 3/3 Sat 5/3 H|j VESSEL VOV SIN BKK g BHATRA BHUM ItB Sat M Wad t/3 THAN A BIIUM 2SN Fri 4/3~~iun 8/3~ K| MAHA WHJM I«SN Wad 2/3~ St V 3 $j WANA BHUM
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      231 41 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 MiuMiiiiiiiiiiiMHiiiiMwiMiaiimiiiiiiMiiiiiw iiiiiiiih iiMiiiiiiiiii ill mil iiiiiibiii in 11 UTEL: *****33 (12 Lineo) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING
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      417 41 pi PONGNAMA LIME vessel sre me m ri bsn mc TU.SDAS V4O3N 11/3 12/3 14/3 25/3 27/3 SMOMC TRMER MOM 17/3 19/3 20/3 22/3 1/4 3/4 WMGKONC ftORT MOM 24/3 20/3 21/3 1/4 10/4 KHJN MO2N 31/3 2/4 3/4 4/4 15/4 17/4 M&A WWCt X?.;' VESOI SK JKT sre HK6
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      1793 42 KABMN CONTAINER LINES, INC I lAO™ l MAC-NEL9 SPORE: *****22 (24 UNEB) (PANAMA W X 'cmtattMlMM SIBU (064) *****9 KUCHINQ (062) *****3 PENANQ: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN
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      203 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD El* Ell EU STORE POUI REIMS fEMNG HUE IMC l'i '<1 ft LoaJm *or NU<f lIUVM HUDHU 5 &K>v«r|tn( »nc loading lor CXXPHN ?0/3 l:*J'ng for Mac nONEER SUPREME ID 3 1 :*)">* fr Miit UMWEOH 4 J L33(Jlg fo> Ml» PROGRESS
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      1050 42 XL THONG SOON UNES PTE LTD 1 I /yA 78 SHENTON WAY #1001, SINGAPORE 0207 I I V/ \y TH-: 227-5088 FAX: 227-6011 I I Z~. TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL Ivor I STORE IPEST VESSEL Ivor [S'POtE I PEST EQUATOR
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      627 43 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/lAPAN SERVICE ICCOTMG BKMMJLK/SOC CARGOES TO/FWM lIM. YOKOHAMA, NAGOYA. MM. TOKTO*. MMU*. o***o*. Ptnanf* P. Ketanj Singapore EDu* BMPLAEVERETT VI9E 03/03 kbr 06/07 Mar OTEVERETT VIE 02/03 Apr lARABEVERETT VICE 10/ll Apr 12/13 Apr •CCfPTMG MAKBU.K/FCI/SOC CARGOES TO/FKOM CHTTAGONG. CALCUTTA MD MWOII* Sinf apart P.
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      226 43 in SLOiY UMKAIIM SSTI REGULAR LINER SERVICE TAIWAN TO SINGAPORE ft ASEAN DRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VH 24/3 1/4 7/4 16/4 GLORY SELATAN V 9/3 12/3 15/3 SP PKL HCM HK KAO GLORY SELATAN IX 21/3 27/3
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      524 43 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE VESSEL WW SM KARACHI MMIMI 145-HW 10/13 20/03 HWaWD 127-HW 15/03 24/03 SOLAN 1»-HW tt/03 05/04 SABGOONA 141-HN 4/04 13/04 FAR EAST CONTAINER SERVICE ONLY vessel hot law Ihkg Ibsn Ipso ImT tok tWHIUH 144-ON 07/04 11/04 15/04 17/04 10/04 21/04
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      603 43 liunsij mpMW FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/R. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS SHUNHE/10l 11/03 25/03 26/04 28/03 OS/04 TAO HE/82 26/03 10/04 I I/O* 13/OA 20/04 MAN HE/82 11/04 25/04 28/04 28/04 OS/OS HUI HE/104 26/04 10/ OS It/OS 13/ OS 20/0S ACCEPTS CARGO
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      305 43 SIN FU EAST 08/03 KEELUNG/ KAOHSIUNG 05/03 BANGKOK 06/03 MANILA/CEBU 05/03 JAKARTA/BELAWAN/SURABAYA 07/03 PORT KELANG/PENANG/E. MALAYSIA 06/03 BUSAN 06/03 TOKYO/YOKO/KOBE/NGO/OSA 06/03 HONG KONG SIN CHINA (+B#±**n) 06/03 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SM EUtOPt/UK 08/03 LDN/FLX/LVP/SOU 08/03 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN MSA/CANADA 06/03
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      861 44 Handling System Co. Pte. Ltd. 138 A 138, Neil Road, #03-08, Singapore 0208 TT7 rX7 M CFS-20, Qui Road, Singapore 2282 Tel: 02-*****28 Handling System Co. Sdn. Bhd. N0.9 Lorong C'ungah, ***** Port klang, Selangor, Malaysia 24th Floor, UMBC Main Building, ***** Kuala l.umpur, Malaysia Handling System (HK) Co. Ltd.
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      439 44 y Conform CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 07 MARCH (Accepting lo all Nw Zealand porta) PENANG 11 MAR JAKARTA 06 MAR PORT KLANG 04 MAR HONGKONG 06 MAR MELBOURNE 10 MAI SYDNEY 10 MAR FREMANTLE 04 MAR fRIfBAHE 10 MAR ADELAIDE 04 MAR 'ACCEPTING TO ALL SCANDINAVIA PORTS COLOMBO
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      580 44 This Week's Sailings Singapore I 7 FIRST FORWARDER IN To: ETD To: ETD ASIA awarded Singapore Singapore ISO 9002 BY lrqa EVERY EVERY Bangkok SUN Jakarta SUN EVERY EVERY Manila SUN Ho Chi Minh FRI iPi ii i EVERY EVERY Colombo TUE Limassol THUR v A MTERNATIONAL SEA FREIGHT FORWARDING
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      19 44 HIGH STAKES Don't get shortchanged, go for a coverage you can bank on. Financial News. Everyday. Business Times m
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      1257 45 I CRYSTAL FREIGHT SERVICES PTE LTD fl m mun I AUCKLAND 6/3 I ANTWERP 7/3 bmcTw XA ADELAIDE 4/3 I FELIXSTOWE 5/3 irnwrs l/i BRISBANE 17/3 I HAMBURG 7/3 VAWabta A/3 FREMANTLE 4/3 I ROTTERDAM 7/3 Qiiraraya 8/3 MELBOURNE 4/3 I KEELUNG 9/3 SYDNEY 4/3 KAOHSIUNG TOKYO 6/3 BOMBAY 9/3
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      153 45 CEYLON SHIPPING CORPN ragS) National line of Sri Lanka CONTAINERISED SERVICE TO IK AND NORTH CONTINENTAL PORTS mUKCiHH 7tt» »t/M »/M IMI 2M3 n/M a/tl I a/M BW W/B 11/B »1/M M/M M/M K/M M/M ggm IXHI 14/H W/M WOI MM MW-I M/M U/M ■aaa> amm win i»/m i»/m —m—mm
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      260 45 rCONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.26 POUTS VOY MOWTFVIOEO BUENOS DURBAN JAKARTA 6M6AMME MON6 KONfil KA6OSHMU YOKOHAMA] W1686 AW>"' ptiwwvowus eroo baied 6a>ep hub t/sspf ««uo sailed sailed isis/02 OCKABRI6T MOT SAAXD 06-10/02 23/02 12 20/03 26/03 26/034)2/04 04/04 N. KBUPSKAYA CBOO 24/02 26/02-06/03 16/03 06-07/O4 12/04 16-16/04 20/P4
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      491 46 NORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA 1 PENANG JAYA 836 04/03 (FRI) 12/03 (SAT) PENANG JAYA 94Q1N 07/03 (MON) 12/03 (SAT) VIGOUR PACIFIC 941 IN 11/03 (FRI) 19/03 (SAT) I FRDAT AH) MOfVAY VIGOUR PACIFIC 941 lAN 14/03 (MON) 19/03 (SAT) I SOUTH PHILIPPINES FULL CONTAINER SERVICE
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      336 46 I 111 I S» TITIMAS SHIPPING TRADING SDN. BHD. TrTWIAtp. KELANQ (03)*****55 (H/Um) FU: 03-3MOM3 Tlx: MA M4IS TISITA VESSELS VQY P KLANG PORT OF DESTINATION SENG LEONG 3-94 19/2/94 KUCHtNG/SIBU HUA HONG SATU 2-94 25/2/94 KK/MUARA MILLiON 111 2/94 24/2 94 MUARA'K K TAWAU NEW LINE NO 1 394
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      223 46 cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR A VESSEL 28/02 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR A VESSEL 15/03 20/03 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
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  • Page 46 Miscellaneous
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      Page 46 Miscellaneous Column 1
      717 46 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1100 1900 2000 2100 2200 2300 IR 24 2.9 30 21 2.4 1.7 1.1 06 0.4 0.3 06 1.1 20 2.6 2.9 29 2.6 2.0 1.4
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      Page 47 Advertisements Column 1
      882 47 I HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 IftSSELS VOY PN> PKE I P6O VESSELS TOY SIN HTM MOT* LEW HAM Bttj FEL HY MALACCA 003S 02/03 04/03 HY COMMANDER 308* 07/03 25/03 26/03 21/03 27/03 27/03 29/03 DRAGON BALI 049N 05/03 HV MALACCA 004S 09/03 11/03
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      Page 47 Advertisements Column 2
      474 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS It Mil m K IK u RMSNW *37 1/1 7/1 18/) BUM NU *31 1/1 1/1 mua»T in ii/i Tumi ii rr i/i MURCf MM Ml 1/1 11/1 SMI BICBVI m l«/l 11/1 OUTBOUND VESSELS LOADING FOR SEN/NAG SEKI
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      Page 47 Advertisements Column 3
      947 47 JEDDAH/UK/CONTNENT I STORE KD S'TON HDURG RDAM LEH •Mm Ac«pM« Cap f* STUTTGART EXPRESS 02,301 5/1 14/1 21/1 N/1 N/1 N/1 Southron :liil UK dtstmitwi Beltest «d Outtn KAGA 14/109 9/1 N/1 N/1 11/1 Rotterdam :to M Antwerp. Amsterdam. toe. Hetaafc DRESDEN EXPRESS 15/N9 12/3 21/1 N/1 2/4 4/4 1/4
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