The Business Times, 21 January 1993

Microfilm: NL18515
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    15 1 SINGAPORE Business Times MITA (P) 552/12/92 Thursday, January 21, 1993 H E KSOU AStA 75*
    15 words
  • 2am LATEST
    • Article
      Lock icon Russian reformers win approval for policies
      61 1 Reuter MOSCOW Reformers have won acceptance for tight monetary policies to keep Russia's economy from slipping into the abyss of hyperinflation. Deputy Prime Minister Boris Fyodorov said last night that there had been a heated discussion of financial policy at a Cabinet meeting, which
      Reuter  -  61 words
    • Article
      Lock icon Bosnia's Muslim leaders agree to ceasefire
      73 1 Reuter SARAJEVO Bosnia's Muslim leaders have agreed to an immediate ceasefire in clashes with their ostensible Croatian allies after a crisis intervention by Geneva peace conference mediators. Mediator Lord Owen said after meeting Muslim President Ilija Izetbegovic and Prime Minister Mile Akmedzic: "We agreed
      Reuter  -  73 words
  • Article, Illustration
    MARKET SUMMARY
    112 1 Stock market indices Wednesday Change ST1I 1,578.16 +5.14 KLSE Composite 622.61 -1.51 Nikkei 16.510.18 -288.46 Hang Seng 5,877.02 -20.88 SET Index 961.30 +12.43 Jakarta Composite ....closed CLSA China B 1,287.13 +37.71 Aust All Ord 1,521.8 +2.7 FFSE 100 2,748.7 +11.1 Wednesday Previous 12:30pm close Dow Jones 3.258.70 3.255
    112 words
  • Article, Illustration
    Lock icon Clinton: American renewal has begun
    867 1 Agencies WASHING I ON Bill Clinton took charge as the 42nd president of the United States yesterday, calling it a true changing-of-the-guard and proclaiming that "a new season of American renewal has begun". The 46-year-old Democrat from the small southern state of Arkansas, derided by
    Agencies; Reuter  -  867 words
  • Article
    Lock icon A speech laced with poetry
    186 1 AP WASHINGTON Maya Angelou was not the only poet on the inaugural platform last night. President Bill Clinton, who is known to read poetry himself, painted some lyrical touches into his address. By the words we speak and the faces we show the world, we
    AP  -  186 words
  • Article
    Singapore valuers, agents laud move to raise land compensation
    544 1  -  Land Acquisition Amendment Bill By Colin Tan SINGAPORE Real estate agents and valuers yesterday welcomed a move by the government to increase the compensation it pays for land that it compulsorily acquires. They said the move would encourage investment and would
    544 words
  • Article
    Lock icon China critic Winston Lord named senior Asia policymaker
    406 1 Reuter WASHINGTON US President Bill Clinton has filled senior State Department ranks, announcing his intention to name Winston Lord, a former envoy to Beijing who strongly criticised current Chinese leaders, as top Asia policy-maker. Mr Clinton's communications director, George Stcphanopoulos, told reporters
    Reuter  -  406 words
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      183 1 tggassmmmm li CONTENTS News Companies S'pore News 2 S'poreM'sta .9.10 Regional News 3.4.7 Financial 13.14 World News 8 Features Markets Analysis 21 Clob KISE. StS 19.20 EAtorial 26 Regional 17 Sports 21 World 17 TV/litestyle 22 Currencies 14 Regional Focus 6 Srniei Commodities 15 Subscription Tel **********7 Fa« *****75 BT
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      11 1 Law Page Pi [fellls to avoid when going global Pk 25
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      36 1 Hock Lock Stew Don't bet on flimsy rumours Pg 9 Bottomline: Is Clinton a one-term president? Back Pg Salute to Bush, Back Pg Getting tough on Iraq, Pg 8 Editorial: America's foreign policy challenge, Pg 26
      36 words
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      86 1 Innovation Milestone for (for /x 1 if (/J* p 24 1 < *Mk W Tir^Mw^B SWe ItMnhnar VmrrCmm TMOMG SiA CO (SI PTE LTO TO Bideford Road WW (XI Thongsia Bldg. Singapore 0922 Tel: 737 6122 THQNG SiA SON Bmo Level I. Shah/an Prudential Tower. V) Jalan Sultan Ismail. *****
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon eye on the ECONOMY
      366 2  -  ;f»ANED IMPORTS By Schutz Lee THE volume of Singapore's retained imports imports minus re-exports grew strongly in the three months to November last year, compared to the corresponding months of the previous year. In real terms, retained imports rose by 13 per cent in September to
      Source: TDB  -  366 words
    • Article, Illustration
      Dell Computer to start mail-order business in Asia
      496 2  -  By Joseph Rajendran Claire Leow LEADING US-BASED personal computer maker Dell Computer, which broke the supremacy of big firms like IBM with its mail-order strategy in the 1980s, plans to start selling its products in Asia from the middle of this year.
      496 words
    • Article
      Integral Peripherals to inject US$ 7m into local operations
      421 2  -  By R Sivanithy LEADING 1.8-inch disk drive maker Integral Peripherals will spend more than US$7 million (5511.5 million) beefing up its local operations this year. The money will be spent mainly on supplies and working capital to produce its 42megabyte Ranger
      421 words
    • Article, Illustration
      Lock icon Nets rings up record $1.14b in consumer spending
      493 2  -  By Soh Tiang Keng CONSUMER spending through Nets soared 58 per cent last year to a record $1.14 billion, up from $725 million in 1991. The surge after a 39 per cent rise in 1991 was fuelled by an intensified advertising and
      Source:  -  493 words
    • Article
      NTUC Income assets up 30pc to $1.2b
      332 2 THE assets of insurance cooperative NTUC Income soared 30 per cent last year to $1.2 billion, on top of 22 per cent growth in 1991. General manager Tan Kin Lian said yesterday that the rapid growth in total assets was "the most significant
      332 words
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      183 2 Epson Makes Business A Pleasure. EPSON "Others gave us a slim chance. But Expressions gave us a promise. And delivered." It's hard to believe they ever looked like that. But thing ofthe past for Lester, Before Expressions Two years ago, they never imagined how trim and attractive they could look
      183 words
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      79 2 BUSINESS OPPORTUNITY Business costs up only I.3pc:/ Business Times, Tuesday January 19 1993 r It would have cost a lot less if your clients would have stayed at the River View. The River View Hotel brings you FIRST CLASS FACILITIES CENTRALIZED LOCATION AND BUDGET RATES Keep Your Business Costs Down!
      79 words
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  • THE REGION
    • Article, Illustration
      Lock icon Singapore remains Vietnam's biggest trading partner
      433 3  -  By Harish Mehta SINGAPORE The Republic remained Vietnam's biggest trading partner last year, easily outpacing Japan, Hongkong and France for the third year running. The latest statistics, obtained by Business Times from the Vietnamese ministry of commerce and the Vietnam Chamber of Commerce, reveal
      Source: Ministry of Trade Vietnam, and Chamber of Commerce and Industry  -  433 words
    • Article
      Lock icon Manila junior army officers want better pay, welfare
      171 3 AFP MANIIA Junior officers in the Philippine armed forces have warned that military rebellion will continue to plague the country until the soldiers' salaries are improved, the group said in a statement presented to senior officials yesterday. "We need to have our
      AFP  -  171 words
    • Article
      Lock icon Vietnam faces long, uphill road to modernisation
      505 3 Infrastructural, bureaucratic problems hamper development projects Reuter SINGAPORE Vietnam will have to wait for more than a decade before it can join the economic mainstream of its capitalist neighbours even after a US embargo is lifted. Michael Meixner, director of the United Nations
      Reuter  -  505 words
    • Article
      Lock icon IMF warns Philippines against stimulating economy
      261 3 Reuter AFP MANILA The International Monetary Fund (IMF) yesterday warned the Philippines that stimulating short-term growth could lead to an economic collapse later in the year. Efforts by President Fidel Ramos to pump prime the economy by bringing forward infrastructure spending were understandable but
      Reuter; AFP  -  261 words
    • Article, Illustration
      Lock icon Cabinet withdraws extra privileges, perks from Sultans
      491 3 The Malaysian royalty crisis Bernama AFP KUALA LUMPUR Malaysia's Cabinet yesterday decided to withdraw all perks and privileges not provided for in the Constitution and under the law from the country's hereditary rulers, just before the country's Upper House late last night unanimously
      Bernama; AFP  -  491 words
    • Article
      HK migrants returning to seek work
      513 4  -  Sharp fall in emigration applications amid economic slump abroad From Stephen Vines in HONGKONG POOR economic conditions overseas have pushed thousands of Hongkong's migrants back home in spite of uncertainty over the coming return of the colony to Chinese sovereignity. There has also been
      513 words
    • Article
      Lock icon Beijing disputes trade surplus figure given by US
      343 4 Reuter BEIJING China has once again rejected US trade figures showing that Beijing is running a massive surplus with Washington. A senior Chinese trade official said yesterday that the US statistic of US$lB.4 billion (5530.36 billion) for last year was unrealistic. "This
      Reuter  -  343 words
    • Article
      Lock icon US raps China, India on human rights abuses
      335 4 Reuter WASHINGTON The US on Tuesday criticised continued human rights abuses in China and India but said democracy had been restored to Thailand. In its annual human rights report the last to be issued by the Bush administration the State Department said
      Reuter  -  335 words
    • Article
      Lock icon Taiwan polls free and fair: US State Department
      191 4 AP WASHINGTON Taiwan's election was generally free and fair in spite of some buying of votes and other abuses, the US State Department said in its annual human rights report. It saw the continuation of a transition from authoritarian rule by the
      AP  -  191 words
    • Article
      Lock icon More complicated US trade procedures likely to hit Seoul in March
      244 4 Oana-Yonhap SEOUL Trade relations between South Korea and the United States are likely to be edgier from March, when the US Customs Service is certain to reinforce procedures on imports of steel, textiles and footwear, government and trade sources
      Oana-Yonhap  -  244 words
    • ASIA NOTES
      • Article
        Lock icon Taiwan export orders hit record high
        93 4 AFP TAIPEI Taiwan garnered a record U5580.92 billion (*****.7 billion) worth of business orders from abroad in 1992, a 7.96 per cent jump over the previous year, the Economic Ministry said yesterday. Export orders in Dccembcr amounted to U556.94 billion, up 8.68 per cent
        AFP  -  93 words
      • Article
        Lock icon Meeting Java industry's power needs
        71 4 AFP JAKARTA The need for 4,000 megawatts of electricity for Java's industrial sector will be met in 1993-94 fiscal year, the Antara news agency said here yesterday. Antara quoted the president of the state electricity firm PLN, Mr Zuhal, as saying that three power plants
        AFP  -  71 words
      • Article, Illustration
        Lock icon Spiderman spinning his web in Japan
        111 4 AFP TOKYO Leading publisher Shogakukan Inc has acquired the Japanese rights to comicbook charactcrs such as Spiderman (right) created by Marvel Entertainment Group Inc of the US, a spokesman said yesterday. The company acquired the rights for an undisclosed sum and plans to develop
        AFP  -  111 words
      • Article
        Lock icon France's satellite offer
        45 4 Bernama JAKARTA The French government is to ofTcr satellite launching pads to Indonesia, head of a visiting French Parliamentary delegation Marc Laffincur said. The French government will also introduce other products, Mr LafTincur said this when meeting Vice-President Sudharmono here yesterday. Bernama
        Bernama  -  45 words
      • Article
        Lock icon Ex-Soviet states' Japanese embassies
        59 4 Reuter TOKYO Japan plans to open embassies in the former Soviet republics of Ukraine, Kazakhstan, Uzbekistan and Belarus, a Foreign Ministry spokeswoman said yesterday. When the ambassadors will be sent to the four republics has not been decided, she added. For the time being, acting ambassadors
        Reuter  -  59 words
    • Article, Illustration
      Lock icon Miyazawa's LDP pledges to revive economy, reform political system
      664 7 Reuter TOKYO Japanese Prime Minister Kiichi Miyazawa joined ruling party chiefs yesterday in pledging new efforts to revive the faltering economy, the biggest issue facing the country. Damaged by a huge corruption scandal and facing a general election later this year,
      Reuter  -  664 words
    • Article
      Lock icon Tokyo debate on amending pacifist constitution heats up
      392 7 AFP TOKYO Japan's debate on whether to amend its pacifist 1947 constitution to allow the county's powerful army to participate in future United Nations military operations has entered a critical phase. The proposed amendment, which reportedly has the backing of influential members
      AFP  -  392 words
    • Article
      Lock icon Australian housing activity still healthy: minister
      151 7 Reuter CANBERRA Australian housing activity remains healthy, despite a big fall in finance commitments in November. Housing Minister Brian Howe said yesterday: "It is likely that dwelling commencements for the year will come in at around 156,000, an increase of 11 per cent on
      Reuter  -  151 words
    • Article
      Lock icon Evans targets South-east Asia for trade expansion
      193 7 Reuter BANGKOK Australian Minister for Foreign Affairs and Trade Garcth Evans said his country could increase its exports to South-east Asia by ASIO billion (5511.2 billion) a year by 2000 by increasing direct investment in the area. "Rather more can and should be
      Reuter  -  193 words
    • Article
      Lock icon Tourists can now pay Indian hotel bills in rupees
      183 7 Reuter BOMBAY Foreign tourists can now pay their hotel bills in India in rupees instead of foreign currency. The Reserve Bank of India (RBI) said yesterday that changes to the Foreign Exchange Regulation Act (Fera) have resulted in "the withdrawal of
      Reuter  -  183 words
    • Article
      Lock icon Japan lifts import ban on Dutch tomatoes, green peppers
      279 7 Reuter TOKYO Japan has lifted its ban on imports of Dutch tomatoes and green peppers after Amsterdam revised its disinfection and export procedures to meet Japanese quarantine standards. An Agriculture Ministry official said yesterday: "These two farm products might have carried
      Reuter  -  279 words
    • Article
      Lock icon Japanese business finds it hard cutting white-collar jobs
      572 7 Asahi News Service TOKYO Japan's business executives are finding it difficult to trim white-collar jobs, fearing that disposing of workers who have served the company for years may affect the morale of other workers. Dai-Ichi Securities Co, a second-tier brokerage firm, launched
      Asahi News Service  -  572 words
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      348 3 Chef Extraordinaire Martin Yan, I TUNG LOK SUPERIOR "YU-SHENC" FOR And we will Patenting delightful VUlirjf who has charmed millions on both tides of GOOD HEALTH, WEALTH HAPPINESS. New Year specials as follows: the Atlantic with his wit and through Lucky "yu-sheng" the stomach, invites the reputed We will be
      348 words
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      257 4 VIENNA STOCKHOLM MOSCOW BRUSSELS HONG KONG SEOUL 5 V n 2 jP m m jfl Wmm- a 5 JSW k, .ggl M m c > Beyond a welcoming smile. e M At ANA, we understand that your comfort depends on our service. 0 And that the quality of our service
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      29 5 '&»•'*\i v .«**> >i* •>>•'*'\*-j\ <i" tv,;* k x H 1 I :S\" *v- W 9 Ev v \:JEr 1 BP ISP \<M&%*'- <^.4J« J **j2r&ffmjßk tl jCBB I "f^wS*
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  • REGIONAL FOCUS
    • Article, Illustration
      A hub along the banks of the Chao Phraya
      783 6  -  Thailand is moving ahead to transform Bangkok into a regional financial centre. Stephen Vines finds out how Stephen Vines BANGKOK It may take some time but Thailand is making steady progress in its bid to become a serious competitor in the
      783 words
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      629 6 With our eyes on Asia, and our ears to the ground, Business Times is your source of time-sensitive information that shapes the fastest growing region in the world.For readers in Singapore, Business Times provides news and analyses that will help i AfIHS Hock Utdk Shm lUgkmal Foau j WtieiYouHit&ihwPicueh The
      629 words
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      41 6 "I bought one cm and sold lCpsqA" gTinil 8 5^?^ 0 °523 CRE CE r OoodV W Only at Jli6 fVi- Fre «holdJ' Seng 7J13& f S ,e a *^f 10, d freelo"l' fa. 4.%?^'" Call today for results tomorrow. 737-1166
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      189 7 Before booking your flight, check the flight details. on EvtryoofftNves an amenity pack attach it to your with all they need to freshen up. It's the small details that make flying Emirates to making your flight as HH|H^HH|L~i so special. comfortable as possible. We operate one of the most modern
      189 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Bosnian Serbs accept peace plan
        68 8 AP PALE, Bosnia-Herzegovina The Bosnian Serbs' self-pro-claimed Parliament yesterday accepted a peace plan that would deny them the independent state they have been fighting for. Delegates voted 55-12 with one abstention to approve the plan drafted by mediators Cyrus Vance of the UN and Lord
        AP  -  68 words
      • Article
        Poland to cut service payments on loan
        78 8 LONDON Poland is unilaterally announcing its intention to cut debt service payments on a US$l.l billion (SSI.B billion) loan originally extended as a revolving trade facility in 1983. The decision follows the appointment of Krzysztof Krowacki, the country's economic counsellor in the US,
        78 words
      • Article
        Lock icon Russia heading for hyperinflation
        63 8 Reuter MOSCOW A sharp rise in January prices shows Russia is heading for hyperinflation, Itar-Tass news agency quoted senior government officials as saying yesterday. "In December 1992, inflation was 25 to 27 per cent," Deputy Prime Minister Anatoly Chubais said. "In January 1993, according to some
        Reuter  -  63 words
      • Article
        Lock icon Tokyo cool to Moscow requests
        99 8 Reuter TOKYO Japan has responded coolly to Russia's request for more trade and investment, Japanese officials said yesterday at the end of the first bilateral trade talks since October 1990. Officials of Russia's Foreign Economic Relations Ministry asked for more investment in its Far East
        Reuter  -  99 words
      • Article, Illustration
        Lock icon Havel nominated for presidency
        48 8 Reuter PRAGUE —Former Czechoslovak president Vaclav Havel looks set to return to Prague Castle (in the background) as president of the new Czech republic, following his official nomination to the post on Tuesday. Elections will take place at the end of the month. Reuter
        Reuter  -  48 words
      • Article
        Lock icon FBI chief under fire from Justice Dept
        74 8 Reuter WASHINGTON The US Justice Department has issued a scathing report that accused FBI director William Sessions of repeated abuses of his office and suggested that the president review his fitness to serve. The Justice Department official who wrote the report, Michael Shaheen
        Reuter  -  74 words
      • Article
        Lock icon Sober start to African market meeting
        90 8 Reuter LUSAKA Leaders of 18 African countries began the annual summit of their trade block yesterday with a frank acknowledgement that they had made little progress towards their goal of a common market. "There is no time to relax and rejoice. (We must) reflect
        Reuter  -  90 words
    • Article, Illustration
      Lock icon Clinton takes hard line on Iraqi offer
      538 8 US renews call for full compliance with UN resolutions after Baghdad pledges to stop firing Reuter AP AFP WASHINGTON Bill Clinton took a hard line on Iraqi President Saddam Hussein's new ceasefire offer, just hours before he assumed the US presidency from George
      Reuter; AP; AFP  -  538 words
    • Article
      Lock icon Attacks on Iraq may harm US ties with region
      502 8 Bloomberg News NEW YORK Outgoing US President George Bush's latest bout with Iraqi President Saddam Hussein could jeopardise US relations with the world's largest oil-producing nations and the rest of the Arab world, say industry observers. Since Jan 13, allied forces
      Bloomberg News  -  502 words
    • Article
      Lock icon Saddam survives last fight with old enemy Bush
      399 8 Reuter NEW YORK Iraqi leader Saddam Hussein has survived his last test of strength with outgoing US President George Bush, exacting some lastminute revenge on his old nemesis and warning incoming President Bill Clinton that he too will be tested. Analysts on
      Reuter  -  399 words
    • Article
      Lock icon Trade pressures forcing poorest nations to play their part in Gatt talks
      486 8 FT GENEVA The Uruguay Round of global trade talks under the General Agreement on Tariffs and Trade (Gatt) have marked a sea-change in the role of developing countries in the world economy. Previous rounds have been confined mainly
      FT  -  486 words
    • Article
      Lock icon UN gives tough warning to Israel over deportees
      394 8 Reuter AFP JERUSALEM A United Nations envoy yesterday warned Israel that the Security Council has run out of patience over its refusal to bring home more than 400 Palestinians expelled to Lebanon. "The Council feels that this matter has been delayed already
      Reuter; AFP  -  394 words
    • Article
      Lock icon 0.7pc fall in UK retail sales in December disappoints economists
      227 8 Reuter LONDON British retail sales suffered an unexpected 0.7 per cent fall in December, dealing a blow to hopes of a quick rebound in consumer spending and the economy. The gloomy figures from the Central Statistical Office yesterday disappointed economists
      Reuter  -  227 words
    • Article
      Lock icon Kohl faces tough political battle over plans for economy
      413 8 Reuter BONN The German government, after months of wrangling, has produced proposals to prop up the country's limping finances but immediately came under attack from the opposition and trade unions. The opposition Social Democrats yesterday derided the proposals as unfair to
      Reuter  -  413 words
    • Article
      Lock icon Reforms under fire from Ukrainian conservatives
      243 8 Reuter KIEV Conservatives in Ukraine have rallied their forces and won the early resumption of a parliamentary session yesterday that could threaten the former Soviet republic's market reforms. Parliament's 450 deputies were summoned to debate the country's economic crisis after more than one-third of
      Reuter  -  243 words
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  • COMPANIES & MARKETS
    • Article
      CCL turns down offer for associate Cold Storage (M)
      482 9  -  HK's Jardine group said to be the suitor By Lee Han Shih SINGAPORE Cycle Carriage Ltd (CCL) yesterday rejected an unsolicited offer from an unnamed merchant bank acting for an undisclosed party to take over its associate. Cold Storage (Malaysia) Bhd.
      482 words
    • Article
      Liang Court and HK partners to develop industrial zone in Guangzhou
      261 9  -  By Sylvia Wong SINGAPORE Local property group Liang Court Holdings Ltd will develop with its jointventure partners 333 hectares of industrial land in Guangzhou its first project in China. Through its 23.8 per cent stake in LF Industrial Estates
      261 words
    • Article, Illustration
      Lock icon Giken allotment favours small investors
      371 9 SINGAPORE Small investors took the lion's portion of shares launched by Sesdaqaspirant Giken Sakata (S) Ltd, with about 40 per cent of the total offer. The Japanese company, whose shares were subscribed 48 times, held its share balloting yesterday. It had drawn 25,880 applicants who
      Photo by Arthur Lee  -  371 words
    • Article
      Make a fast buck by all means but don't bet on flimsy rumours
      672 9  -  HOCK LOCK SIEW By Conrad Raj SINGAPORE They say that for every fool that is born, there is someone to take advantage of him. I am reminded of this by this week's sharp fluctuations in the prices
      672 words
    • Article
      Environmental services firm PEB to be wound up
      274 9  -  By Schutz Lee SINGAPORE The environmental services firm, PEB Technologies Pte Ltd, is to be wound up. Its parent, Bousteadco Singapore Pte Ltd, said yesterday that PEB directors had appointed provisional liquidators after Bousteadco decided not to finance its 70 per cent
      274 words
    • Article
      Suntory places out 15m Cerebos shares at $4.30 each
      433 9  -  By William Chia SINGAPORE Japanese food group Suntory has placed out IS million shares in Singa-pore-listed food manufacturer Cerebos Pacific at $4.30 per share, or a total of $64.5 million. Merchant bank Baring Brothers, which placed out the shares, representing 4.9
      433 words
    • Article, Illustration
      Lock icon SUMMARY
      303 9 Source: Bridge Info Performance of STll's index stocks Jan 20 Um Sin lain Slock ult Clwe factor M*cn (S) (i) Avimo 1.940 1.69 C*C 7.300 -0.050 6.3) -13.33 Cerebos 4.500 -0.080 3.91 -21.33 Cotd Store 2.930 -0010 2.55 -2.67 FAN ***** -0.100 9.91 -26.67 GcnMa« 0 860 0.73 Haw
      Source: Bridge Info  -  303 words
    • COMPANIES
      • Article, Illustration
        Lock icon UMW Hldgs to buy Komatsu dealerships in PNG, Solomons
        289 10 MBT KUALA LUMPUR UMW Holdings, the franchise holder for Komatsu heavy and construction equipment in Malaysia and Singapore, has secured a deal to undertake dealership operations of the equipment in Papua New Guinea and the Solomon Islands. The group's wholly-owned subsidiary,
        MBT  -  289 words
      • Article
        Lock icon PNB unit forms joint venture to set up Msssm machine-tool plant
        495 10 MBT KUALA LUMPUR PNB Equity Resource Corp, Maho AG of Germany and several other local investors are teaming up to establish Malaysia's first computer numerical controlled (CNC) machine-tool plant costing an estimated Msss million (Ss3s million). The plant, to
        MBT  -  495 words
      • Article
        Lock icon Duff to study new opportunities
        253 10 MBT KUALA LUMPUR Duff Bhd will continue to examine various new business opportunities and implement measures to further strengthen the group's structure and improve productivity. Chairman Leong Wing Hon said in his latest annual statement that the group has diversified into manufacturing and trading following
        MBT  -  253 words
      • COMPANY BRIEFS
        • Article
          Call to Acma shareholders
          85 10 SINGAPORE Acma Ltd shareholders have been asked to vote in favour of a resolution to sell 18.5 million Goldtron shares representing a 10 per cent stake in the company to Goldtron executive chairman Ong Soo Kiat. Merchant bank CEF (Singapore) Ltd said in a circular yesterday
          85 words
        • Article
          Sale of Summa unit's stake approved
          46 10 SINGAPORE Shareholders of Summa Investments Ltd have given approval to its subsidiary, Forlidas Investments Pte Ltd, to sell a 25 per cent stake or 250,000 ordinary shares in PT Astra Microtronics Technology to PT Astra Investments Ltd or its nominees.
          46 words
        • Article
          Malayan Credit changes auditor
          38 10 SINGAPORE Malayan Credit Ltd said it has changed its auditing arrangements to be consistent with those of its holding company, Cycle Carriage Ltd. Consequently, Price Waterhouse will replace Deloitte Touche as its appointed auditor.
          38 words
        • Article
          S'pore Computer directors resign
          39 10 SINGAPORE Messrs Lim Chee Onn and Foo Hee Liat have resigned as directors of Singapore Computer Systems Ltd with effect from Jan 15. Mr Lim also relinquished his post in the audit committee of SCS.
          39 words
        • Article
          Results of Guthrie's rights issue
          55 10 SINGAPORE Guthrie GTS Ltd has received acceptances for 184,185,500 rights shares, representing 97.29 per cent of the total number of rights shares to be issued. The company had proposed a renounceable one-for-one rights issue of 189.32 million new ordinary shares of 20 cents each at
          55 words
        • Article
          NTUC Income ups stake in S'pore Re
          39 10 SINGAPORE NTUC Income Insurance Co-operative Ltd has raised its stake in Singapore Reinsurance Corp to 7.11 per cent from 6.65 per cent, after buying 228.000 shares at 1.4079 apiece on Jan 15.
          39 words
        • Article
          Tuan Sing unit buys Oxley property
          64 10 SINGAPORE Tuan Sing Holdings Ltd said its wholly-owned subsidiary, Oxley Development, has completed its purchase of a property at No 9 Oxley Rise on Jan 19. The company paid $20.2 million for the property. Oxley plans to develop a multi-storey commercial-cum-residential building with 3,800
          64 words
        • Article
          Hind on yield of NZ property
          95 10 SINGAPORE Hind Hotel's acquisition of a New Zealand property. Central Park, will bring an annual yield of 13 per cent. Hind directors told shareholders in a circular. With its current financing cost of about 9 per cent. Central Park will produce an immediate positive
          95 words
        • Article
          Corrections and clarifications
          79 10 THE Sembawang Group is spending $100 million this year on various projects and not $50 million as stated in BT's report last Thursday headlined "Sembawang spending S5O million to upgrade yard facilities". Sembawang has clarified that although it had allocated S5O million from a share placement last
          79 words
      • Article, Illustration
        Airbus seeking Asian buyers for long-range version of A-340
        402 11  -  By Ji Juliette Walker SINGAPORE Airbus Industrie, the four-nation consortium of European aircraft manufacturers, is looking at Asian carriers to buy the long-range version of its A-340 plane. Louis Gallois, the chairman of Airbus Industrie's French partner, Aerospatiale, said here yesterday
        402 words
      • Article, Illustration
        Lock icon Elf Aquitaine unit to absorb Yves St Laurent empire
        436 11 IHT PARIS Yves St Laurent, the king of Paris couture, is selling his fashion kingdom. The business that he and his partner, Pierre Berge, built up over 30 years will be absorbed through a 3.6-billion-franc (US$l.l billion) share swap into Elf
        IHT  -  436 words
      • COMPANY BRIEFS
        • Article
          Lock icon Eastman Kodak to cut 2,000 jobs
          94 11 UPI ROCHESTER, New York Eastman Kodak Co announced on Tuesday a series of aggressive actions to improve its operating performance, including reducing its payrolls by approximately 2,000, mostly in Rochester and largely involuntarily. Eastman Kodak chief executive officer Kay Whitmore, in a letter to
          UPI  -  94 words
        • Article
          Lock icon Hanoi gives France, Japan last oil deal
          91 11 Reuter HANOI Vietnam has given the final share in a sought-after oil production deal at "Big Bear" offshore field to France's Total SA and Japan's Sumitomo Corp, the head of the state oil company told Voice of America (VOA) radio. Ho Si Thoang,
          Reuter  -  91 words
        • Article
          Lock icon CBOE's stock market volatility index
          70 11 Reuter CHICAGO The Chicago Board Options Exchange, which lists the world's most active index option, said on Tuesday it will introduce an index to act as a barometer for future stock market volatility. The CBOE Market Volatility Index would serve as the first widely circulated
          Reuter  -  70 words
        • Article
          Lock icon Sales down for German steelmaker
          98 11 FT DUISBURG Thyssen Stahl Group, Germany's biggest steelmaker, yesterday reported a 16-pcr-cent fall in sales to 2.5 billion marks (552.56 billion) in the first quarter of the year. The group also announced it will increase its own steel prices this spring, blaming the low steel
          FT  -  98 words
        • Article
          Lock icon Slump takes toll on more Tokyo firms
          102 11 Reuter TOKYO Japan's sluggish economy pushed a rising number of firms into bankruptcy in 1992 and it will swallow even more this year, economists said yesterday. The Tokyo Commerce and Industry Research Co (TCIR) said the total number of bankruptcies in 1992 rose
          Reuter  -  102 words
      • Article
        Lock icon China approves Sino-French refinery project: report
        210 11 AP HONGKONG China has approved a Sino-French oil refiner) project in Shanghai, a Beijing-funded newspaper reported yesterday. If true, the approval could indicate that China's wrath has subsided over France's recent decision to sell 60 Mirage jet fighters to Taiwan, which Beijing regards as
        AP  -  210 words
      • Article
        Lock icon Taiwan aerospace industry getting boost from BAe deal
        445 11 Reuter TAIPEI Taiwan plans to become a major player in the regional aerospace industry through its £240 million (SS6I7 million) tie-up with British Aerospace pic, officials and analysts said. The venture, announced on Tuesday, will involve the transfer of manufacturing technology to
        Reuter  -  445 words
    • CORPORATE FOCUS
      • Article
        Lock icon A black day for two former pace-setters
        841 12 IHT NEW YORK IBM and ITT, two of America's pacesetting multinationals in their glory years, swept billions of dollars in losses oft* their books on Tuesday as they struggled to reorganise obsolete and failing lines of business. ITT announced that it was getting
        IHT  -  841 words
      • Article, Illustration
        Lock icon Akers — and IBM — must learn to play hard ball
        3062 12 Akers and IBM must learn to play hard ball This analysis of Big Blue's woes was written before IBM announced its fourth quarter results on Tuesday The Economist ARMONK, New York WHEN John Akers took over as chairman of IBM in 1985, it looked as if he had won the
        The Economist; Source: Company reports; IBES; Datastream; Source:  -  3,062 words
    • FINANCE
      • Article
        S'pore factoring industry looks forward to a brighter '93
        542 13  -  Better economic figures, US recovery boost optimism By Quak Hiang Whai SINGAPORE The sluggishness in Singapore's factoring industry may be over soon. Factoring companies say they are cautiously optimistic about business prospects for this year, describing as encouraging the economic figures
        542 words
      • Article, Illustration
        Lock icon Rouble drops to new low
        39 13 Reuter MOSCOW A blackmarket money changer smiles as he holds up his wares on a Moscow street The rouble dropped to a new low of 474.50 to the US dollar on the exchange. Reuter
        Reuter  -  39 words
      • Article
        Lock icon HK firm gets banking licence in Cambodia
        145 13 AP HONGKONG A Hongkong company has been granted a licence to operate a bank in Cambodia, company officials said. Emperor International Bank Ltd, owned 70 per cent by Hongkong businessman Albert Yeung, announced that the bank, with an initial paidup capital of US$lO
        AP  -  145 words
      • Article
        Lock icon US banker tipped to head troubled Westpac
        252 13 AFP SYDNEY Australia's Westpac Banking Corp declined yesterday to comment on reports that it was to appoint an American banker as its new chief executive. A Westpac spokesman said there would be no comment about speculation that it was about to appoint Richard
        AFP  -  252 words
      • Article
        Lock icon HSBC unit challenges US govt's seizure of account
        160 13 Bloomberg Business News NEW YORK Hongkong Shanghai Bank Corp Ltd is challenging the US government's seizure of an account that the US says contains laundered drug money. The unit of HSBC Holdings pic alleges in a lawsuit filed on Tuesday that the
        Bloomberg Business News  -  160 words
      • Article
        ITT to cut consumer loan business sharply and lay off 1,400 staff
        302 13 NEW YORK ITT Corp said it is sharply reducing its consumer loan business, laying off about 1,400 people and setting aside nearly US$l billion to pay for the moves. The company said its unsecured consumer loan business, especially
        302 words
      • Article
        Lock icon Japan considers introducing two new financial instruments
        395 13 Reuter TOKYO The Japanese government, sometimes criticised for dragging its feet on introducing new financial instruments, is edging towards acceptance of two market mechanisms widely used in other financial centres. The Ministry of Finance (MOF) is now considering allowing forward interest rate agreements
        Reuter  -  395 words
      • Article
        Dai-Ichi to set up Thai leasing venture
        253 13 TOKYO Japan's Dai-Ichi Kangyo Bank Ltd (DKB) has agreed to form a leasing venture in Thailand with Thai Farmers Bank and several companies affiliated with both banks, a spokesman said yesterday. DKB, the world's biggest bank in terms of assets, will hold 49
        253 words
      • Article
        Lock icon US banks compete to become PAL adviser
        252 13 AFP MANILA US banks are competing to become financial adviser to Philippine Airlines (PAL) which plans to raise US$2OO million (SS33O million) to buy two Boeing 747 jumbo jets, a company official said. Edgardo del Fonso, PAL chief financial officer, said at least
        AFP  -  252 words
      • Article
        Lock icon Five US banks post higher fourth quarter earnings
        682 14 But commercial real estate problems persist Bloomberg Business News NEW YORK Five of the 10 largest US bank holding companies reported higher fourthquarter earnings, although several said commercial real estate problems persist. Citicorp, Chemical Banking Corp, Chase Manhattan Corp, Wells Fargo Co
        Bloomberg Business News  -  682 words
      • Article
        Lock icon Clinton will make US dollar a winner this year, says European survey
        410 14 Reuter LONDON President-elect Bill Clinton will make the dollar a winner on foreign exchange markets in his first year in office, a survey of 30 leading private economists in Europe suggests. The survey, conducted in European financial centres,
        Reuter  -  410 words
      • Article
        Lock icon European monetary policy easing as three EC states cut rates
        303 14 FT LONDON There were new signs on Tuesday of an easing in European monetary policy after three central banks announced cuts in their main money market interest rates. In a concerted move, both the Belgian and Dutch central banks lowered
        FT  -  303 words
      • Article
        Lock icon UK merchant banks expect higher profits
        278 14 Reuter LONDON UK merchant banks can look forward to higher profits this year on the back of Britain's withdrawal from the European exchange rate mechanism (ERM), lower interest rates and the devaluation of sterling. "We are expecting a better year thanks to these factors,"
        Reuter  -  278 words
      • SMALL CHANGE
        • Article
          Lock icon Peregrine to set up US unit
          113 14 Bloomberg Business News NEW YORK Peregrine Investment Holdings Ltd, a Hongkong investment bank, said it will enter the US corporate finance market by establishing Peregrine Capital (USA). Peregrine, one of the largest financial services companies in South-east Asia, said the unit will focus on
          Bloomberg Business News  -  113 words
        • Article
          Lock icon Taiwan has no plans to buy or sell gold
          114 14 Reuter TAIPEI Taiwan's central bank has no plans to buy or sell gold in the immediate future, central bank governor Samuel Shieh said. Mr Shieh was commenting on speculation in European gold markets that the central bank may have bought some
          Reuter  -  114 words
        • Article
          Lock icon Paine Webber to lay off staff
          88 14 Bloomberg Business News NEW YORK Paine Webber Group Inc said it was cutting its agricultural commodities derivatives staff by about 25 per cent because the group was not profitable enough. Paine Webber said the cuts include 40 jobs in the 165-person division in London.
          Bloomberg Business News  -  88 words
        • Article
          Lock icon Glendale makes $ 1.38b damage claim
          104 14 Glendale makes 1.38b damage claim Bloomberg Business News WASHINGTON Glendale Federal Bank, the thrift division of Glenfed Inc. has filed documents to back its claim for US$l.3B billion in damages in a case against the federal government. The case, being argued in the US Court of Federal Claims, involves the
          Bloomberg Business News  -  104 words
        • Article
          Lock icon Merrill starts new mortgage plan
          98 14 Reuter NEW YORK Merrill Lynch offered a novel no-money-down mortgage on Tuesday that lets customers purchase homes using stocks and bonds as collateral. Merrill said the product was the first of its type ever offered to home buyers. A full serv ice broker. Merrill Lynch
          Reuter  -  98 words
        • Article
          Lock icon Canada lowers discount rate
          60 14 AFP OTTAWA The Bank of Canada announced it was lowering the discount rate to 6.76 per cent from 6.99 per cent. The relative stability of the Canadian dollar, which traded at 78.25 cents US on Tuesday, made it possible for the central bank to continue its
          AFP  -  60 words
      • Article
        Lock icon Bundesbank likely to report hefty profits
        379 14 Reuter FRANKFURT The cashstrapped German government will benefit from another hefty transfer of profits from the Bundesbank this year, economists said. The German central bank, its earnings boosted by record high domestic interest rates, is due to publish a rough indication of its 1992
        Reuter  -  379 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        163 14 Despite generally bearish dollar sentiments in the market, especially in dollar against European currencies, the US$ held to narrow stable ranges in regional currency trades. Against the Singapore dollar, the US dollar opened at 1.*****0. A round of commercial buying interest at the start pushed
        163 words
      • Article
        London
        168 14 LONDON The dollar fell to its lowest point against the German mark since the start of the year in trading here yesterday. The pound sterling was also weaker and the French franc gained ground. Dealers attributed the drop in the US currency to sentiment on the market that the
        168 words
      • Article
        Lock icon New York
        76 14 Knight-Ridder NEW YORK The US dollar remained mostly lower in narrow range trading yesterday, while sterling remained soft. At 1135 ET, the dollar traded at 1.6080 deutschemarks, down from 1.6115 on late Tuesday in New York; and at 124.95 yen, down from 125.40 yen. The dollar bid/ofTer rate
        Knight-Ridder  -  76 words
      • Article, Illustration
        Untitled
        1484 14 I rade-*nghied index lakulaied axaiml S pare s top 14 trading partner, Base year 19#* USS/SS forward rates Noon Jan 20 s$ Bid Offer 1-month 1.6542 1.6557 2-month 1.6532 1.6547 3-month 1.6521 1.6536 6-month 1.6495 1.6515 Sourt e OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10«hi yesterday: Singapore
        1,484 words
    • COMMODITIES & FUTURES
      • Article, Illustration
        Lock icon Brunei oil output hits 10-year high after govt policy change
        468 15 Reuter BANDAR SERI BEGAWAN Brunei's oil production hit a 10-year high of 182,000 barrels per day (bpd) in 1992, living up to a new government policy to optimise output, industry sources said on Tuesday. The 1992 production was up 12.3
        Reuter  -  468 words
      • Article
        Lock icon Gold price threatened by possible central bank sell-offs
        237 15 AFP LONDON The price of gold, currently at its lowest level for seven years, could hit new lows if Europe's central banks follow a Dutch lead and sell off large amounts of their gold stocks, London analysts said on Tuesday. Officials of
        AFP  -  237 words
      • Article
        Lock icon Low world prices may limit China white sugar exports to 250,000 tonnes
        295 15 Knight-Ridder HONGKONG High domestic and relatively low world prices could limit Chinese refined sugar exports to as little as 250,000 tonnes this year, traders in Hongkong said on Tuesday. China was expected to produce about eight million tonnes
        Knight-Ridder  -  295 words
      • Article
        Lock icon Australian coal miners get lower prices from Japan under deal
        315 15 Reuter BRISBANE QCT Resources Ltd and its jointventure partners have agreed with the Japanese Steel Mills (JSM) on lower prices for hard and weak coking coals for the Japanese fiscal year starting on April 1. The agreement with JSM was
        Reuter  -  315 words
      • Article, Illustration
        Lock icon Disruption in supplies sends castor oil prices surging
        266 15 Reuter LONDON Religious unrest in India is starting to affect supplies of castor oil to the European market and has resulted in spot prices jumping by as much as US$7O a tonne in the past few days, say traders. On Monday, traders
        Reuter  -  266 words
      • Article
        NY, London crude oil futures fall
        274 15 Bloomberg Business News ENERGY REPORT NEW YORK Crude futures prices in New York and London tumbled as increased stock levels in the US added to perceptions that global oversupply will remain through the first quarter of 1993, brokers said. Traders also said Saddam Hussein's
        274 words
      • Article
        Lock icon Oil prices slide further despite Gulf tension
        633 15 Excess supply and lack of clear threat seen as factors Reuter NEW YORK Oil prices slid sharply on Tuesday in spite of heightened tensions in the Gulf a sharp contrast to two years ago. when a stand-ofT with Iraq sent oil prices as
        Reuter  -  633 words
      • Article, Illustration
        Lock icon Vietnam exports record 1.9 m tonnes of rice
        292 15 Knight-Ridder AFP HANOI Vietnam exported a record 1.9 million tonnes of rice last year, up from 1.1 million to 1.5 million in 1991. Nguyen Van Phuoc, the Ministry of Agriculture and Food Industry's international cooperation director, said yesterday that rice exports this
        Knight-Ridder; AFP  -  292 words
      • Article
        Lock icon EC oilseed crushers seek curbs against Japanese buyers
        296 15 Reuter BRUSSELS European oilseed crushers said on Tuesday they will seek action to curb alleged unfair competition from Japanese buyers snapping up bargain-priced EC rapeseed. "The Japanese are buying up scarce supplies... EC crushers are being squeezed." said Pascal Cogels. directorgeneral of
        Reuter  -  296 words
      • Article
        Lock icon Eurodollars, Nikkei futures weaker
        1447 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures ended slightly weaker yesterday against Chicago's close in guarded activity ahead of Bill Clinton's inaugural address. Contracts tended bearish pressured by institutional selling from the start, and were also weighed down by technicals after recent buying on
        Reuter  -  1,447 words
      • Article
        Early buying demand pushes KL tin up eight sen
        1000 16 COMMODITIES REPORT Tin FURTHER pre-Chinese New Year buying demand from European and local buyers in early trade pushed the price of tin to close eight sen higher to finish at MS 14.95 per kg on the Kuala Lumpur Tin Market yesterday.
        1,000 words
    • Article
      COMMODITY PRICES
      1682 16 Rubber HAS Ciwity Cxclwn» (futures dosing as at lpm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sen (tonnes) Interest Feb 93 150.00 149.75 149.75 175 1.900 Mar 153.00 152.00 151.75 625 6.850 Apr 154.50 154.25 153.25 1,125 7.750 May 155.50 155.50 154.50 50 7.225
      1,682 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        898 17 +2.7 Stocks climbed out of the doldrums to close higher, led by encouraging profit results anil strong futures buying. After a morning of dull and directionless trade, the market kicked upwards after the release of improved interim profit results by mining giant VIIM and takeover target Amotts. "The market
        898 words
      • Article
        Manila
        560 17 +26.69 Stocks finished higher after reports indicated that Philippine Long Distance Telephone Co (PLDT) may escape involvement in a controversy linking its boss to a power struggle at Philippine Airlines (PAL), brokers said. Manila's Composite Index bounced back 26.69 points to 1.309.68. "I think people realised they had overreacted."
        560 words
      • Article
        Bombay
        80 17 -13.57 Share prices ended slightly lower in quiet trading as speculators preferred to reduce their commitments ahead of Friday's settlement in specified shares, brokers said. The Bombay Stock Exchange (BSE) 30-Share Index closed at 2,531.55. down 13.57 points. The National Index fell 14.10 points to 1,153.74. Wide swings in
        80 words
      • Article
        New Zealand
        321 17 -22.8 Stocks are expected to drift lower today after lacklustre trading in line with foreign markets, traders said. The NZSE Capital Index fell 22.8 points to 1.505.49. The setback in the index was a surprise, said Charles Batchelor. a trader at C S First Boston. The fall in
        321 words
      • Article
        Taipei
        495 17 Closed The Taiwan stock market has closed for the Chinese New Year holidays. The market will reopen on Jan 27. On Tuesday, the Weighted Index closed 63.82 points higher at 3,420.62 on turnover of N1516.13 billion. Taipei viT Ju 19 MS (TO) All Sincere Ind 5 JO unch 2
        495 words
      • Article
        Seoul
        469 17 +0.68 The stock market made a small net gain as rampant profit-tak-ing by institutional investors pared early rises, brokers said The Composite Stock Index added 0.68 point to close on 700 exactly. Brokers expected the market to show a similar trading pattern but were unsure about whether the 700
        469 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        745 17 Britannia Funds Sterling Cash Bid Offer Mim Cap Deposit *18 0900 *38 1000 Mim Jersey Gill .***** ***** Mim Max Income *0 4900 *1 0.100 L S$ Cash Income Plus Fund 10 0600 *****0 PS Reserve Fund 5 2000 5 2100 Sterling Lquit> Euro Performance 0.4352 ***** Far East Fund
        745 words
      • Article
        London
        618 17 11.1 Share prices put in a late surge for the FTSE 100 to end at the session's best levels yesterday, due to FrSE futures strength and a strong banking sector boosted by dividend hopes and bid speculation. The FTSE 100 Index closed 11.1 points up at 2,748.7 after touching
        618 words
      • Article
        Paris
        118 17 -18.92 Profit-taking after last week's push weighed on the Paris bourse yesterday, which ended over 1 per cent lower in above average trade. The CAC-40 Index ended down 18.92, or 1.03 per cent, at 1,818.82. Volume was boosted by investors bailing out of Sanofi and Lyonnaise des Eaux. which
        118 words
      • Article
        Stockholm
        140 17 -0.15 pc Firmer debt market yields and a weaker dollar sent Swedish shares to a lower close yesterday despite an upturn in afternoon trade and gains by index-heavy pharmaceutical firm Astra. "There is a lot of uncertainty over which direction the market will take." said one dealer, who added
        140 words
      • Article
        Frankfurt
        216 17 -3.95 German shares reversed a solid upward trend to slip in a technical correction yesterday. Traders said the slide was also in part a reaction to dampened hopes for a German interest rate cut this week. The DAX 30-Share Index fell 3.95 points to end at 1,574.88. Disappointing proposals
        216 words
      • Article
        Amsterdam
        278 17 +0.41 Dutch shares ended slightly firmer yesterday after a session marked by the surprise announcement from distiller Bols and food group Wessanen that they planned a merger. The EOE Index closed 0.41 points firmer at 293.41 after slipping early to 292.36 on a lower dollar and weak Dutch bonds.
        278 words
      • Article
        Zurich
        270 17 +0.7 Swiss shares ended little changed yesterday as a lack of fresh fundamentals kept interest focused on special situations, dealers said. The broader SPI Index firmed 0.7 points to a final 1.245.0. Prices moved in a narrow range to end nearly unchanged. as mild profit-taking erased modest morning gains.
        270 words
      • Article
        Johannesburg
        294 17 -19 Shares were down but off earlier lows at the close as recent New Year cheer held no sway amid growing bearishness. dealers said. The JSE Industrial Index shed 19 points to 4.521. De Beers recovered some earlier losses to end a rand off at 65.75 rand, while Anglos
        294 words
      • Article
        Toronto
        272 17 Toronto stocks opened mixed in mild, featureless early dealings yesterday, traders said. The TSE 300 Index inched up 2.0 to 3.290.1 on volume of 8.6 million shares valued at C 547.4 million. Declines outstripped advances 142 to 122. with 186 issues unchanged. On Tuesday, stocks ended weaker, pressured by
        272 words
      • Article
        New York
        605 17 -18.92 US blue chips moved slightly higher yesterday, but continued its recent sluggishness, as investors focused more on the changing of the guard at the White House and less on changes in market direction. At 12:30 pm yesterday, after President Bill Clinton was inaugurated, the Dow Jones Index
        605 words
      • Article
        Brussels
        175 17 +5.07 Belgian shares were traded vigorously at the close yesterday, with most major blue-chip shares well bid on strong volume. The Bel-20 Index of leading shares gained 5.07 points or 0.44 per cent to 1.150.74 points on strong volume of 1.27 billion francs. The broader forward market index was
        175 words
      • Article
        Milan
        141 17 -6 Italian stocks were lower at the official close as investors locked in gains made since the beginning of this year, but rose in the after market, traders said. The MIB Index closed down 6 points, or 0.5 per cent, at 1.072 but prices rose sharply in after-market trading.
        141 words
    • Article, Illustration
      Lock icon HONGKONG
      2963 18 Reuter STOCKS finished weaker as shrinking buying interest failed to outweigh mild profit-taking on thin volume, brokers said. The blue-chip Hang Seng Index lost 20.88 points, or 0.35 per cent, to close at 5.877.02. having fluctuated within a range of 48 points all day. "Players who bought at levels
      Reuter; Source: Bridge Info  -  2,963 words
    • Article, Illustration
      CHINA
      411 18 THE Shanghai B market was dominated by speculation that the central government will announce their official approval for locals to trade in B shares. The rumour was able to lure a large number of local investors to buy the B shares again. When investors found out during the afternoon
      411 words
    • Article, Illustration
      Lock icon TOKYO
      2503 18 Reuter STOCKS ended sharply down, just off lows, on profit-taking and arbitrage unwinding which erased all the gains earned earlier this week. Most investors were pinned to the sidelines, leaving the market prey to brokerage dealers seeking quick profits, brokers said. "Dealers who had been driving up prices in
      Reuter; Source: Bridge Info  -  2,503 words
    • Article, Illustration
      Lock icon BANGKOK
      1812 18 INVESTORS bought big banks and finance firms after being assured Iraq had conceded to the West's demands on weapons inspection, brokers said. The SET Index rose 12.43 points, or 1.31 per cent, to close at 961.30 on big turnover of 9.94 billion baht. "It is the turn for buying
      Source: Bridge Info  -  1,812 words
    • Article, Illustration
      Lock icon JAKARTA
      672 18 Source: Bridge Info Vol Ju 19 Rapuh High l« ("001 AJP Putra 925 -25 00 925 925 500 \hda *00 -50 825 (WO 1000 Ahap lm MOO Alumindo -2100 V>tua Golden M 8300 \rpu Panics 3950 Atf Bintang 1200 AilCT Ja»a 1300 AslraGraphia 4150 Astra InO 9100 -100 9200
      Source: Bridge Info  -  672 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2480 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Multi-Purpose 3.404.000 k-imundng MV 170.000 \SH MV 100.000 Icch Kcsourcvs 795.000 lan 1 hong MX 771.000 MM( I4K- 41J 000 LanJ A. (icneral M9.000 VI Properties M8.000 Promcl 386.000 UnJnuris Bhd 2M» .000 (ilL IISSO 10 2*2 000 Mulpha
      Source: Bridge Info  -  2,480 words
    • Article
      KUALA LUMPUR STOCK EXCHANGE
      4 19
      4 words
    • Article, Illustration
      Lock icon Prices mixed on lack of positive leads
      4749 19 Bernama KUALA LUMPUR Prices on the Kuala Lumpur share market closed mixed in light trading yesterday as investors continued to take a cautious stance on lack of positive leads, dealers said. Prices were trapped within narrow ranges as sellers were not actually prepared
      Bernama; Source: Bridge Info  -  4,749 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Prices end mixed in quiet trading
        6765 20  -  By Moiz Tyebally SINGAPORE The market was quiet yesterday as many investors stayed away ahead of the Lunar New Year weekend. Consequently total turnover declined by almost 25 per cent to 42.66 million units valued at 5106.8 million from Tuesday's 61.45 million worth Si
        Source: Bridge Info  -  6,765 words
      • Article, Illustration
        Sime Darby Bhd
        66 20  -  HOT STOCK Quak Hiang Whai SIME Darby Bhd met strong resistance at $3.10 and appears to be correcting towards $2.80. The weekly price line is showing higher bottoms and tops. The stock is unlikely to fall below the previous top of $2.70. Daily and weekly RSIs are
        66 words
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      681 words
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      26 words
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      269 words
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      41 words
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      52 20 f CALL MII.ANO'S HOT DELIVERY HOTLINE NOW! i 468-2222 j for mouth-watering Italian pasta, pizza, BBQ ribs, salads and more! I Office/Home Delivery Hours: Daily from 11.00 am onwards (including Public Holidays). FREE delivery for a minimum order of 10.00 $3.00 surcharge for delivery after 11.00 pm. WIIANO AJlkxlittt All
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  • SPORTS
    • Article, Illustration
      Lock icon Ballesteros on the balance for Ryder Cup
      1066 21 Golf AFP PARIS With a Ryder Cup clash with the US in September looming, 1993 will be a critical year for European golf in general and for Severiano Ballesteros in particular. More than any other individual, the brilliant, flamboyant Spaniard has inspired the
      AFP  -  1,066 words
    • Article
      Lock icon Grady offers to caddy for two if they break record
      318 21 AP MELBOURNE Former US PGA champion Wayne Grady isn't much of a betting man, but he has decided to put his golf bag-carrying shoulder on the line at Royal Melbourne this week. Grady has offered to caddy for fellow Australian
      AP  -  318 words
    • Article, Illustration
      Lock icon Chang, Krajicek, Novotna go down as Courier blows up
      536 21 Australian Open AFP MELBOURNE, Australia Last year's semi-finalist Richard Krajicek, sixth seed Michael Chang and 1991 runner-up Jana Novotna were seeded casualties at the Australian Tennis Open yesterday while world No 1 Jim Courier was fined after blowing his cool. Krajicek,
      AFP  -  536 words
    • Article
      Lock icon McEnroe turns down Davis Cup invitation
      548 21 NYT NEW YORK John McEnroe warned everybody he was swearing off tennis for the first four or five months of this year, and this week he confirmed his edict by turning down an invitation to reprise his doubles role on the US Davis Cup
      NYT  -  548 words
    • SIDELINES
      • Article
        Lock icon Senior Invitational looking for a site
        116 21 AP HONOLULU The Senior Invitational won't be played at the Ko Olina Resort in November as scheduled, and tournament officials are looking for an alternate site. Ko Olina, a resort about 64 km north of Honolulu, paid US$7OO,OOO (SSL 15 million) to host the
        AP  -  116 words
      • Article
        Lock icon South Africa to host rugby World Cup
        83 21 UPI JOHANNESBURG South Africa will host the 1995 Rugby Union World Cup, sport administrators confirmed on Tuesday after the African National Congress pledged support for the tournament and promised to help ensure it would be free of political protests. "The World Cup will
        UPI  -  83 words
      • Article
        Lock icon Prove swimmers not doped, China told
        87 21 AFP WELLINGTON An international sports medicine official yesterday challenged the Chinese to prove their women swimmers are free of performance-enhancing drugs. Despite denials from Chinese authorities, Dave Gerrard, chairman of New Zealand's Federation of Sports Medicine and member of the medical committee of the
        AFP  -  87 words
      • Article
        Lock icon Strict code for Indian cricket players
        110 21 AFP NEW DELHI Indian cricket manager Ajit Wadekar has declared his players' hotel rooms off limits to women in a tough code of conduct he has drafted for the home series against England. "No woman/girl will be allowed in the hotel rooms of the
        AFP  -  110 words
      • Article
        Lock icon Jordan, Pippen lead All-Star balloting
        93 21 AP NEW YORK Michael Jordan and Scottie Pippen played together in the Olympics, they are teammates on the Chicago Bulls and now it appears they will start alongside each other in the NBA All-Star game on Feb 21. Jordan and Pippen lead all Eastern Conference
        AP  -  93 words
      • Article
        Lock icon Tokyo league to seek sudden death
        92 21 Reuter TOKYO Despite disapproval of the governing body of world soccer. Japan wants to go ahead with a plan to end every game in its new league with a win, a league official said on yesterday. A spokeswoman for the Japan Professional Football League,
        Reuter  -  92 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Badminton
        401 21 AFP SEOUL First day results from LSSI 10,000 Korea Open badminton which started yesterday. Indies' singles: Lisbet S-Lauridsen (Den) b Yoshiko Iwata (Jap) 11-6. 11-3; Park Jin Hyun (S Kor) b Chen Yin Sat (HK) 11-4. 11-4; Kyoko Sasage (Jap) b Tan Lee Wai (Mai) 8-11. 11-1. 11-7; Pornsawan
        AFP  -  401 words
      • Article, Illustration
        Lock icon Basketball
        51 21 Reuter NEW YORK Results of .National Basketball Association games pla\ed yesterday: Atlanta Hawks 102 Charlotte Hornets 100; Indiana Pacers 116 Washington Bullets 96; Dallas Mavericks 113 Detroit Pistons 103; Portland Trail Blazers 119 Milwaukee Bucks 92; San Antonio Spurs 121 Denver Nuggets MO. Houston Rockcts 102 Sacramento Kings 96.
        Reuter  -  51 words
      • Article, Illustration
        Lock icon Tennis
        418 21 AFP MELBOURNE Australian Open results yesterday. Men's singles, 2nd Rd: Jim Courier (US xl) b Robbie Weiss (US) 6-2, 7-5, 6-4; Jamie Morgan (Aus) b Martin Damm (Cze) 7-5. 4-6. 6-3, 6-1; Andrei Medvedev (Ukr) b Lars Koslowski (Ger) 6-0. 6-1. 6-0; Chris Garner (US) b John Fitzgerald (Aus)
        AFP  -  418 words
      • Article, Illustration
        Lock icon Ice hockey
        78 21 Reuter NEW YORK Results of National Hockey league games played yesterday: New York Rangers 2 Detroit Red Wings 2 (OT); Boston Bruins 2 New York Islanders 2 (OT); Quebec Nordiqucs 5 Ottawa Senators 2; Minnesota North Stars 4 Tampa Bay Lightning 2; Toronto Maple Leafs S St Louis
        Reuter  -  78 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      62 21 SINGAPORE PRESS HOLDINGS LIMITED (Incorporated in Singapore) Pursuant to Article 23C(4) of the Company's Articles of Association, WE HEREBY GIVE NOTICE that as of 14 January 1993 the percentage of the issued share capital of the Company in which foreign persons have an interest is 47.85 per cent. By Order
      62 words
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  • LIFESTYLE
    • Article, Illustration
      Through Asean eyes
      502 22  -  Nirmal Ghosh reports on a travelling photographic exhibition that celebrates South-east Asia Nirmal Ghosh CLOSE to 120 colour photographs taken by some of the region's best photographers are currently on display at Notices: The Gallery. Titled Eyes on Asean, it is a travelling exhibition that has already
      502 words
    • Article
      Fellini to get honorary award at Oscar presentation
      353 22 CHATTERBOX OSCAR-WINNING Italian director Federico Fellini is to be presented with an honorary award for his cinematic accomplishments, the Academy of Motion Picture Arts and Sciences announced in Los Angeles on Tuesday. It will be presented to him in Los Angeles on
      353 words
    • Article, Illustration
      Lock icon The love affair between Washington and Hollywood
      662 22  -  Bernard Weinraub on why Hollywood has descended upon Washington for Bill Qinton's inauguration Bernard Weinraub NYT THE current wisdom in Hollywood dismisses movies with political themes and Washington backdrops. Too sombre. Too boring. Not enough action. But the inauguration of Bill Clinton, a
      NYT  -  662 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      128 22 Buffet Lunch Now (mi every Monday lo Friday, you can indulge yourself at the Tee-Ofl Cafe with our fantastic s|>read of buffet lunch which includes Air-flown Rock Oyster. Assorted Salads. Soup. Roast Striploin. Honey (Hazed I Jam. Assorted Dessert and much more. for only $l4.r£>(adult)and SHOOK hild Ix-low 12 yrsold)
      128 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      1027 22 TV RADIO OUR CHOICE Daniolle Steel's Palomino, 10.30pm, SBC 5 A well-known photographer falls in love with a ranch hand who breaks off with her as he cannot accept the disparity in their status. Returning to the ranch after a horse accident that leaves her half paralysed, she gets a
      1,027 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      599 23 Nothing Beafe A ButLlftM OK j!_Z_ IS avour a gasironomical feast fit for a king in our Cantonese and Szechuan Buffet. Enjoy unlimited servings of famous Szechuan cuisine like deep-fned mantou (traditional Chinese buns) and fresh prawns in tomato sauce and choice Cantonese dishes like sliced beef with black bean
      599 words
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      Page 23 Advertisements Column 2
      364 23 WHERE TO WINE, DINE AND ENTERTAIN Free Bird's Nest Delicacy. Yours won't be the first family it gets out of the house. I Celebrate Reunion Dinner at IQ9I fV the Plaza Hotel and you'll be able dP tfkMPM to enjoy Bird's Nest Delicacy, at no >4 f extra charge* I
      364 words
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      Page 23 Advertisements Column 3
      348 23 Fancy Beijing? Then, we're delighted to suggest the Pine Court for a JBmP memorable dining experience. Try our Beijing specialities such as X Baked Tench, Beijing Duck and Marinated Lamb and our lunch menu of Beijing dian xin. To add to your enjoyment, J(|iO all these are well within nJc!
      348 words
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  • INNOVATION & TECHNOLOGY
    • IT TAKES
      • Article, Illustration
        New PC with built-in printer unveiled
        74 24 TOKYO IBM Japan Ltd vice-president Tatsuyuki Saeki (left) and Canon Inc managing director Hiroshi Tanaka demonstrating their companies' jointly developed Thinkpad 5508J personal computer with built-in printer after unveiling the product at a hotel here yesterday. They said it was the world's first notebooksized
        74 words
      • Article
        Lock icon TI defence plant developing pizza oven
        63 24 Bloomberg Business News DALLAS Texas Instruments Inc is using its Dallas defence electronics plant to develop a high-speed oven that can turn out perfectly browned and crisp pizzas in less than 90 seconds, the Dallas Morning Mews reported. Two oven prototypes are already being
        Bloomberg Business News  -  63 words
      • Article
        Lock icon Geophysicist to get Vetlesen Prize
        116 24 NYT NEW YORK Walter H Munk, a geophysicist whose research has led to new understanding of the oceans, waves and tides and the rotation of the Earth, will receive the Vetlesen Prize at Columbia University today. The US$5O,OOO award, which has been called the Nobel
        NYT  -  116 words
      • Article
        Lock icon Germany to manage Columbia's lift-off
        72 24 AP CAPE CANAVERAL. Florida Germany's space agency will be calling the scientific shots from a control centre near Munich when Columbia lifts off on a laboratory research mission in little over a month. It will be only the second time in 32 years of American
        AP  -  72 words
    • Article
      Microsoft to create Windows-based smart TVs
      432 24 Software company Microsoft plans to create television sets that are more like computers, according to a report in New Scientist magazine. These TVs would present programme options in windows on the screen and would learn from their owners' habits which channels they prefer. Microsoft's
      432 words
    • Article, Illustration
      Lock icon Milestone for drug research in Singapore
      875 24  -  Genevieve Cua reports on the natural products research centre set up by Glaxo, the EDB and the IMCB Genevieve Cua TREES and microorganisms in the soil are increasingly in the limelight in the search for wonder cures for both modern and age-old afflictions. Man
      Photo by Arthur Lee  -  875 words
    • Article
      Lock icon World's first cervical cancer vaccine soon
      497 24 Science Magazine HUMAN clinical trials will begin next year for what is believed to be the world's first vaccine designed to treat women with cervical cancer. The Australian Science and Technology Newsletter recently quoted director of the Lions Human Immunology Laboratories at Brisbane's Princess
      Science Magazine  -  497 words
    • Article, Illustration
      Lock icon Massachusetts facing rivals in high-tech field
      596 24 FT AS COMPETITION intensifies in the US to attract job-creating industries, the high-technology sector is being wooed from coast to coast. States like Michigan. Rhode Island, Texas and North Carolina are keen to lure companies, while the traditional centres of Massachusetts and California are
      FT  -  596 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      189 24 FIRST 400 TO WALK AWAY WITH MUSIC IN THEIR EAR 3TO WIN VIDEO-PHONE Subscribe now! The first 400 subscribers will each receive a Mil Sony Walkman Model WM-FXI2 with a complimentary \a o Name I enclose: Cheque No.: Management Leadership cassette tape from Success O— Address Please charge to my
      189 words
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  • THE LAW PAGE
    • Article, Illustration
      Pitfalls to avoid when venturing overseas
      1814 25  -  By Paulson Ching The writer is a legal officer in a regional company. Businessmen often toy with the idea of "going overseas". Sometimes, governments urge them to do so. Other times, economic imperatives may dictate expansion abroad. On the economic side, escalating operating costs
      1,814 words
    • Article
      Upholders or violators of the law?
      582 25  -  AT THE BAR By Conrad Raj THE eagle eyes of Butterworth Asia's managing director Stephen Stout recently saw red while browsing through the pages of the November/December issue of The Singapore Law Gazette. For right behind the proud pose of a senior local lawyer
      582 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1105 25 TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 I You can do so many things with the help of The Straits Times Classified, like: Buy a home Find a job Get a car Rentacar Sell your bicycle Hire a painter Purchase a washing machine Locate your lost pet Announce a birth
      1,105 words
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  • Article
    Clinton's foreign policy challenge
    635 26 EDITORIAL BILL Clinton took office yesterday, confronted by one of the biggest foreign policy problems ever to face an incoming president. Saddam Hussein's refusal to roll over in the face of all the sophisticated firepower and technology the West has thrown at him means that the
    635 words
  • WHAT THE OTHERS SAY
    • Article
      Long haul for chemical arms
      252 26 CHEMICAL WEAPONS caused more than a million casualties, stirring an uproar in Europe, during World War I. Though deadlier weapons were later developed, they were not used in World War 11. The post-war period, however, saw a chemical weapons buiid-up by America and the former
      252 words
    • Article
      All the best, Bill
      127 26 TODAY marks Bill Clinton's inauguration as the 42nd US president. He will be faced with the formidable challenge of upholding the American Dream. Beyond the domestic agenda, he has to ensure American superiority as the global peacekeeper in the post-Cold War period and as a fair
      127 words
    • Article
      Making the roads safer
      169 26 PARLIAMENT s approval of tougher penalties for serious and repeat traffic offenders is important news to all road users, although the amended Bill applies to those convicted for their third or subsequent traffic offences, repeated reckless driving, drunken driving and those driving while under suspension. Indeed,
      169 words
    • Article
      Will Clinton turn protectionist?
      156 26 WILL THE changing of the guard herald a change in foreign policy in the US? At the moment, the tack Clinton will take in foreign affairs is still unclear. But one thing is certain: events in the foreign arena will not allow Clinton, the 42nd president
      156 words
  • Article, Illustration
    Lock icon Trying to lead without becoming a policeman
    962 26  -  George Graham finds the US facing a growing dilemma over the issue of foreign military intervention in the post-Cold War era George Graham FT THE FALL of the Berlin Wall may have ushered in a "new world order." but the international community has
    FT  -  962 words
  • Page 26 Advertisements
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      140 26 pr\P>N MRSI ME-R THIS LIST BvJT iGrJO<?£. Me£ Soane of ~£<LfbßT qn TWe Fi(?ST oMC. THe. F»f?ST Wftis VigSM ycfrtna-w sxeVIS.TS s sere full wares j eR DoT7esj 1 POONESBURY GARRY TRUDEAU SOHOW'VBt-1 I CANTT Be&N TO mi YOU L S UM OKAYZOB\ JOANIB, YEAH, BUT YOU WERE YOUBBBN WHAT
      140 words
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  • ANALYSIS
    • Article
      Lock icon Time for Tokyo to deal with Washington on equal terms
      962 27  -  Yukio Satoh discusses the new partnership Japan should forge with the US, with Bill Clinton installed in the White House Yukio Satoh The writer heads the North American Department of the Japanese Foreign Ministry-. This comment does not necessarily represent
      IHT  -  962 words
    • Article, Illustration
      It's tougher to say eureka in America
      2199 27 Business Week International correspondents report that tighter R&D budgets, foreign rivalry and higher patent costs are forcing American innovators to learn new tricks. The accompanying story shows the Japanese stirring again in a market dominated by Intel. CHRISTOPHER J Nagel's dream is springing
      2,199 words
    • Article
      Give up on flash chips? No way, says Toshiba
      704 27 IT RANKED as a stunning coup for Intel Corp. By early last year, the leading US maker of semiconductors had spurted far ahead of its competitors in a sizzling new market for chips called flash memories. Adding to the victory glow,
      704 words
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  • Article, Illustration
    Lock icon Clinton salutes his predecessor
    764 28 New President pays poignant tribute to Bush's half a century of service to country AP Reuter WASHINGTON George Bush received a poignant tribute from his successor and a sustained standing ovation yesterday as he played out the final act of a presidency that triumphed in the
    AP; Reuter  -  764 words
  • Article
    Sharp shift in US economic policy unlikely: professor
    498 28  -  By Chuang Peck Ming SINGAPORE Bill Clinton, who became the 42nd American President yesterday, will not make a big change in United States economic policy, according to a visiting professor. Any changes that come about with the new administration would be "incremental",
    498 words
  • Article, Illustration
    Lock icon Poet Angelou offers message of new beginnings and new chances for all
    317 28 AP WASHINGTON Poet Maya Angelou offered a message of "new beginnings" last night as she presented her original work On The Pulse of Morning at President Bill Clinton's inaugural. Angelou was the first poet to read at a
    AP  -  317 words
  • Article
    Lock icon Cathay crew who intimidate others may be fired
    375 28 Reuter AFP HONGKONG Cathay Pacific Airways yesterday threatened to fire striking cabin crew accused of intimidating others into joining their walkout but the attendants' union vowed to carry on with the industrial action. Cathay managing director Rod Eddington warned that any cabin
    Reuter; AFP  -  375 words
  • Article
    Lock icon Hurd hopeful of HK talks with China, amendments possible
    220 28 Reuter LONDON British Foreign Secretary Douglas Hurd said he believed a way could be found to hold discussions with China over disputed proposals for democratic reforms in Hongkong and he did not rule out amendments. Mr Hurd. speaking after attending a
    Reuter  -  220 words
  • Article, Illustration
    Is Clinton destined to be a one-term president?
    953 28  -  The Bottom Line BRIAN GOMEZ BRIAN GOMEZ The writer is a Sydney-based journalist who contributed this commentary to 81. 1 BILL CLINTON will turn out to be the worst president of the United States. This is the blunt view of a former
    953 words
  • Article
    Lock icon HK to seek Beijing's approval for tax pacts with trading partners
    482 28 South China Morning Post HONGKONG The government is to seek Beijing's approval to formulate tax treaties with major trading partners, in a move that could save Hongkong companies billions of dollars a year. Government sources said yesterday that they
    South China Morning Post  -  482 words
  • Page 28 Advertisements
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  • Shipping Times
    • Article, Illustration
      PSA to spend $2m to prepare Pasir Panjang for automated operations
      457 29  -  By Rahita Elias SINGAPORE The Port of Singapore Authority (PSA) will spend nearly $2 million on consultancy services and equipment to pave the way for automated operations at the proposed Pasir Panjang Terminal. In a statement released yesterday, the
      457 words
    • Article
      Thai govt urged to cancel tax on ship building equipment
      427 29 BANGKOK Asian Marine Service Co (Asimar), member company of Seatran Group, has urged the government to cancel or reduce the import tax on ship building equipment to help develop Thailand's maritime industry. The company has asked the Thai government to
      427 words
    • Article
      Lock icon Cracks seen on tanker grounded off Estonia
      159 29 AP TALLINN, Estonia Cracks appeared in a tanker grounded on rocks in the Gulf of Finland on Tuesday as crews pumped out its oil before more leaked out. officials said. An estimated 60 tonnes of oil and diesel fuel had leaked from the
      AP  -  159 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      863 29 Page Col ABC Containcrline 12 I Accord Group 8 1-3 •APL 5 3-5 Alpha Feeders 6 1 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 Avia Airways 14 4 •Bait Orient Line 7 4/5 Bangladesh Shpg 18 5 •Bank Line, The
      863 words
    • Article
      Lock icon Taiwan's shipbreakers plan move to China
      363 29 Reuter TAIPEI Taiwanese shipbreakers, once the world's leaders, plan to revive their dying industry by moving operations to China, the Taiwan Shipbreaking Industry Association said on Tuesday. A group of 15 local shipbreaking companies will visit China in the next few months to finalise
      Reuter  -  363 words
    • Article
      Lock icon Brazilian port activities idled by stevedores' strike
      212 29 Knight-Ridder SAO PAULO Most Brazil- < ian port activity has been idled I by a nationwide strike on < Tuesday by Brazil's stevedores, < protesting a Senate vote this week on port modernisation, j said port spokesmen. Loading and unloading ac- tivities at
      Knight-Ridder  -  212 words
    • Article, Illustration
      Lock icon Titanic tussle for super-jumbo supremacy
      1058 30  -  Lead team could control the initial large aircraft market as well as the pace of programme development, predict Bruce Smith and Pierre Sparaco Bruce Smith, Pierre Sparaco Aviation Week Space Technology Boeing is duelling with Airbus Industrie for leadership of the next-genera-tion super-jumbo programme, as
      Aviation Week & Space Technology  -  1,058 words
    • Article
      DAILY FREIGHTS
      484 30 Weakness on vessel oversupply in the US Gulf persisted in the dry cargo freight market and the Baltic Freight Index repeated Monday's 11-point drop to stand at 1,272, brokers said. US Gulf/Japan fell to U5522.39 from U5522.50 after U5522.25, U5522.50 and U5522.30 was reported fixed. US North Pacific/Taiwan
      484 words
    • Article
      COCKETT BUNKER MARKET REPORT
      845 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are I indicated. The Cockett Bunker Price Index change
      845 words
    • Article
      TRANSPORT DIARY
      273 30 COURSES 1993 Shipping courses organised by Singapore National Shipping Association. Feb 3 Apr 7 (10 evenings): Effective Written Communication in Shipping Management (SDF 50%). Feb 11 May 20 13 evenings): Principles of Shipping Documentations Practices (SDF 70%). Feb 26: I-day Familiarisation Course on Singapore Bunkering Procedure (SDF case
      273 words
    • Article
      THE SHIPPING GUIDE
      11531 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,531 words
    • Article
      SHIPPING AGENTS
      3327 43 A X aB( ontainerline NV: Bclsin Shpg Agcncics Ptc Lid (SVMannc Handling Sdn Bhd (PK/PN). Accord (.roup: Accord Shpg Pte Lid (SVAccord Contr Line (PK/PN). Adkrts Business C orporation Philippine Calsource Shpg Trdg Ptc Lid (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg
      3,327 words
    • Article
      COURIER SERVICES
      260 43 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. Citx-Unk International Tel: 344-3377. Fax: 345-6450. Cluster link Supplies Services Tel:
      260 words
    • Article
      AIR FORWARDERS
      1478 43 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05 Aerospeed Td: 542-5911. Fax: *****18. Air Cargo No*o Express Tel: 542-5454 Fax: *****06. .Air Express International Td: 542-7666 Fax: *****74. *****50. Air
      1,478 words
    • Article
      PORT CONDITIONS
      1910 44 ALBANIA Dunres: Nine vessels in port of which discharging: 1 wheat, 3 general cargo, 1 flour, 1 potatoes, 1 glass, 1 coal; 1 vessel loading loading general cargo. ANGOLA Lobito: Following disturbances and absence of labour on Jan 6, port is now returning to normal amd resumption of
      1,910 words
    • Article
      SHIP SALES & TANKER RATES
      918 44 SHIP SALES TANKER RATES Once again we have a week which has been dominated by an accident involving a tanker and a major oil spill. The grounding of the '75 built Aframax 'Braer' in the Shetlands has once more brought to the fore-front all the arguments for double skin/tougher classification
      918 words
    • Article
      AIR FREIGHT SCHEDULE
      559 44 ARRIVALS Op Flight Type ETA T From TODAY KAL KE697 B747F 0150 1 SEL SIA SQ827 B747F 1730 2 CPH/DXB CLX CV794 B747F 1843 1 LUX/DXB NCA KZ203 B747F 1930 1 NRT KAL KE685 A30F 2345 1 SEL/MNL TOMORROW JAL JL615 B747F 0240 1 TYO NWA NW901
      559 words
    • Article
      CRUISE & FERRY SCHEDULES
      432 44 CRUISE FERRY SCHEDULES CR Ait Ul» Dtp Ports of Calls Port Ageat Tek»hoaeNo IAN 22 liARY 22 Cora Princess 0900 1800 Asean Cruise Harpers Shpg 221-1388 22 22 Dei fin Star 1100 1800 Cruise to nowhere Ocean Trade Chartering 299-0366 22 Regent Spirit 1000 1800 Cruise to nowhere Regency Cruises
      432 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        447 45 Vnsd Voy N> Berth Amvi Depjrtire Vessel Voy No Berth Arrival Departre Jurong Port Tridt Pobedy 2W P06 alongside 2101/0600 Agamemnon SB 1/93 Jll alongside 21 12/0600 AJs Amalia 24WB P07 2001/1800 2101 0400 liy 01/93 J8 alongside 21.12/1500 ArktB Blue 3 SB P088 2101/0900 2301/1500 Niaga
        447 words
      • Article
        MALAYSIAN PORTS
        251 45 -1- jooore ron Berth: 1: Liang Keong. 2; New Hai Lee. 3: George Lyras; 4: Qiiangma Navee; 5: Anange) Horizon: 6 Kota Makmur 0) jetty: Kapitan Korotaev. Aide bar an DCJ: cipefla Gas. Due on Jan 2ft Bow Lancer, Magis Lady. Neptune Gas. Ruby. Kns I eras* Due
        251 words
      • Article
        CONTAINER SCHEDULES
        1388 45 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Voy No Containers avaiabie Ship Voy No Container? avaiable German Sen WM306 COD(EST) *****3 1500 Sentosa laya 078S 19.01.93 0700 Indo Exp I 908 COO(EST) 2001.93 2100 Dsr Atlantic WF306 19.01.93 0735 Call Pegasus 10 COO(EST) 2001.93 0700 Johanna 9306
        1,388 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Chrysler expects 4th quarter income to exceed US$ 300m
        460 48 Bloomber WASHINGTON Chrysler Corp expects net income for the fourth quarter of 1992 to exceed US$3OO million (*****.5 million), a figure that would surpass most recent analysts' estimates. Chrysler qualified its forecast by saying that net earning should go beyond the
        Bloomber  -  460 words
      • Article
        Lock icon Delta chief slams pilots' union for rejecting pay cuts
        429 48 Bloomberg ATLANTA Delta Air Lines chairman Ronald Allen on Tuesday criticised the airline's pilots union which over the weekend rejected management's request for a 5-per-cent pay cut for the company's 9,500 pilots beginning Feb 1. The Air Line Pilots Association snubbed
        Bloomberg  -  429 words
      • Article
        Lock icon Boeing's 2nd largest union goes on strike
        212 48 UPI SEATTLE The second-larg-est union representing Boeing Company workers went on a one-day strike against the aerospace giant on Tuesday in a dispute over a new contract. The Seattle Professional Engineering Employees Association, which represents 28,000 engineers and technical workers at Boeing, struck
        UPI  -  212 words
      • Article
        Lock icon Politicians question basis of privatising UK rail network
        230 48 Reuter LONDON Plans to sell Britain's state-owned rail network have been badly thoughtout, a parliamentary group said yesterday in a report likely to embarrass the government ahead of rail privatisation legislation expected this week. The all-party Transport Select Committee, dominated by the
        Reuter  -  230 words
      • Article, Illustration
        Lock icon Inspecting the tiles
        43 48 Reuter FLORIDA Space shuttle Endeavour commander John Casper inspects tiles on the craft following the landing at the Kennedy Space Centre on Tuesday. The crew of five completed a six-day mission after deploying a tracking and data relay satellite. Reuter
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        EVA increases flights from Taiwan to Australia
        474 48  -  -froSh Florence Chong in SYDNEY EVA AIRWAYS, Taiwan's second international airline, is making its first chartered trip to Sydney tomorrow. The airline, established in 1991, is taking advantage of the demand for seats over the next week as Taiwanese return to celebrate the
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          Lock icon Naviera Santa questions Aero Peru sale
          84 48 Reuter LIMA Shipping firm Naviera Santa SA challenged the sale of Peru s state airline Aero Peru, saying the percentages acquired by the Mexican and Peruvian participants in a consortium had been changed at the last minute. Naviera Santa president Roberto Leigh said Aeromexico
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          Lock icon Simula gets 2 aircraft-seat deals
          90 48 Bloomberg PHOENIX. Arizona Simula Inc said on Tuesday that it received two contracts worth a total of US$2.5B million to make seats for the Blackhawk helicopter and C-17 cargo plane. The Sikorsky Aircraft unit of United Technologies Corp gave Simula a US$l.75 million contract for
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          Lock icon DAF gets Dutch fire engine order
          63 48 Reuter EINDHOVEN, Netherlands Truck and van maker DAF NV said it received an order from the Dutch home affairs ministry for 59 fire engines. The order, which is worth about 11.5 million guilders (5510.5 million), was signed on Tuesday at the Brussels truck fair
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          Lock icon VW is Europe's largest car maker
          93 48 UPI BONN Germany's Volkswagen remained the largest car manufacturer in Europe in 1992, when it achieved record sales of 2.36 million vehicles, a senior company official said. VW marketing manager Joerg Schlieker said that Volkswagen now has a 17.5 per cent share of the
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          Lock icon Audi recalls 159,000 cars in US
          104 48 AP AUBURN HILLS. Michigan Audi of America Inc said on Tuesday it is recalling a total of 159,000 cars in separate actions. Some 152,000 from the 1985-1991 model years, will be given a free change of lubricant oil in the drive train differential. Differential
          AP  -  104 words
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1510 48 5H r rapw m_ 55 i em nw rre WmM GA887 1500 MI817 2250 Adataida QF81 1935 Qf82 2050 Ite CM MWl Cttjr GA838 1735 §22 .205 cx7i4 5S3 Amsterdam SQ319 0610 KL838 2350 GA951 1350 SO062 0915 KL837 >545 CI665 1430 CX710 1135 Mlaws SQ347
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      2 29 Leading Lubricant
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      29 29 Lines and sorvlces represented by /tiSSks. Members of the Registry of Accredited /i|rK\\ Shipping Aoents, Singapore Netionai SMp- lliS)Ji ping Association. For advertising enquiries, contact Shipping Times: Tei 740-2089/740-2090.
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      326 29 the FAMOUS 224 1833 For more information please refer to Pg. 13 Jumbo tussle, Page 2 Chrysler expects better income, Back Page Someone dose has been Bvirtg Your son in Canada is studying for some years, overseas. You've given up ■fiftißß And you "J**"" want him The Straits Times ■BH
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      613 30 TODAY'S TIDES (heght in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 2.3 2.1 1.8 1.5 1.4 1.3 1.5 1.8 2.3 2.7 2.9 2.9 2.7 22 1.7 U 0.9 0.6 0.5
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      3364 31 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIEB bookings 1 te1 A *****34T*****5a/ *****40 For advertising enquiries, CFS (PSA F5) TEL: *****21/ *****79 Ma'SK.X. n contact Shipping Time#: Dedicated to Quality Service I^TS^pffiyST CFS TEI MMM iUU.imj Tel 740-2089/740-2090 P.GUDANG TEL: *****2/3 FAX: *****4 *2]! ur ow 7bh -hou fm mc
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      1029 31 IF ITS REEFER IT IS MAERSK Veaaal Voy ETA ETD Feeder 1 DESTINATIONS Marn 8302 AM Jim Ull—lL-J Cv 26/1 0000 MRS CFS 25/1 2359 HRS JOH LPK PEN OAK TTvi Tf^ L(,e SOO ATL MIA I CHS BAL I PHL NYC ARC TOR ssf& l i?,\ g; g;j Ess
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      1453 32 AQABA ROAM/ [I mmm VOY NO S PORE JEDDAH (via JED) STON H BURQ ANT HAVRE ■LlOlj ELBE 14/102 21/1 6/2 9/2 7/2 LAU WESTBOUND KATSURAGI 13/302 23/1 2/2 8/2 10/2 13/2 15/2 17/2 HTTTT m IftlT I W— HAMBURG EXPRESS 12/103 28/1 13/2 16/2 14/2 CARGO TO UK/CONTVCOT HANNOVER
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      530 32 C3ZK FCL Breakbufk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul <or all services C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam Mongolia Hungary CSFR Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel sta«n VILLE DE VENUS 26/01 POL EAST 07/02 VILLE DE
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      1337 32 Shipping Times, Thursday January 21 IM3 I E.MSTM full container service VSL/VOY SIN ALG BCL* HAM BRE# ROT ANT# FEL LHA SSSSSPSSi ***** 3 21/02 22/02 23/02 4/ 2 /#2 NOR ASIA PRMCESS 9248-3 02/02 23/02 24/02 28/02 01/03 02/03 03/03 04/03 05/03 NORASM SUN 9249-3 09/02 02/03 04/03 07/03
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      1981 33 STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppd Towers Singapore 0208 Tol: *****88 Fax: *****17 STIAITS KMTUK VO2E Mu.. lab Ts* Hn "^o^ RAMM NOOKE VOX Mu». Lib 27 29 lan 29 lan 30 Uc WO MAMMA VO2E KK. Stun. Ira 25 30 lan 31 lin 31 la
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      2171 33 SINGAPORE AGENT: PXtI I Atlt'oltlAl*C P&O Containers (Singapore Agencies) Pte Ltd W&k X ViUllidlllVl O 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Te«: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z A *PKO «5 ALO SOU ANT WOT NAM VESSEL VOT AHT HOT
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      737 34 INDONESIA NATIONAL LINE 1 fft HI6AM r )j| niH i|S I*a WW MHUI/MM tf—t I WtMWI MTWPf I KUTM 27M8 I 23-27/2 I 23/3 28/3 2/4 7/4 L TO AUSTFmfir-* m FUU,coffiAiN£R v vs/vot mi ST«t srp hlb bibs he I aqel wo mmuymm 22/1 21/1 7/2 10/2 4/2 13/2
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      1793 34 0 HANJIN SHIPPING FDR *Sl SM LM HAUL SEA VCR fDR VSI SH IIME HAW SAV IM NYC FISHGUARD BAY 302N 25/1 H TONGHAE 09tt 11/2 19/2 FISHGUARD BAY 302N 25/1 M. PIENTY 02CE 4/3 5/3 7/3 HANJM CHEJU 091E 1/2 H. NEWYOM 047E 25/2 2C/2 HAMM CHEIU 091E 1/2
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      1284 34 4f i d -1H IHTm I m i« k uc m *t ojr net m no lax cm m htc imt mm km or nt pb cm nu sgp I GJORfTH Ht» a/1 MPI 27/1 a/1 301 J/1 4/1 »/l J/1 1/1 t/1 It/1 t/1 f/j 7/3 17/3 uyj |j/j
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      1316 35 II ACE NEPTUNE TOPAZ 26W ETA SGP 23/01/93 H T7 II ETA RDM 08/02, FLX 09/02, BRE 11/02, LEH 13/02 II StNOAPOR^ALIFOmiIIuixPRES^SCX^^^^^^ TO PNW USA MNTS I TOiaUKMWM-l»0WJ-»IU<WW8n».4T14»T»C W4BJ I U mDER VSL VOV SOP MOTHO VSI VOY SKT PLD MIN/ KBSKI VOV SGP LOS OAK VAN CHI DAL/HOU MPH
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      301 35 ©HEUNG-A SHIPPING Korean Flag Vessels STRAITS/KOREA SERVICE Ml SM an MRS BSD HC HOI HO. DONAM 301N 21/01 20/01 04/02 09/02 11/02 lEEWMO ***** 24/01 25/01 29/01 02/02 04/02 05/02 CWYMB UN) W303 27/01 25/01 03/02 07/02 09/02 10/02 L OUXNDOVF 304* 01/02 03/02 01/02 12/02 13/02 14/02 HO 7
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      141 35 CENTENARY SHIPPING SERVICE I WEEKLY FOIL CONTAINER DRECT SERVICE I SINGAPORE/HO CHI MMH OTY Mow providing Container Trucking toVungtauL from Ho Oil Mkih Oty VESSELS NAME VOY. WW ETA/D SPORE ETA/P HCM CITY TAN AH AIR 74M/S 21-21 JAN 24-24 JAM 93 TAN AH AM 7«S 2ft 26 JAN TANAH
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      1135 35 I SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUNP—OBCHMON6 WESTBOtfC—LOAMNG TRANSHWED VIA
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      1413 36 K" V ft w _I AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD < CR **********0 M) I W WO* A wo TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD 1 TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 mmmk KAWASAKI KISEN KAISHA,
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      1179 36 PHILI OnifNT LIN€S PT€ LID 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU Bgl MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION "VMT wsTMUAmtwztALAMD/totrmi>AarK z Wttiawg 28 JAN SYDNEY. MELBOURNE. BRISBANE. FREMANTLE oo
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      879 37 (gsgglllr PACIFIC INTERNATIONAL LINES (PTE) LTD I SSSSSSSS 140 Cecil Streeti P,L Building. Singapore 0106. I I flf JV CR NO: **********0E I I I I VESSEL VOY SIN HKG SIN CMB JIB HOO JED AOJ I I if KOTA WUAYA WJAOI9 2/2 6/2 11/2 17/2 19/2 21/2 23/2 I
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      1322 37 EXPRESS CONTAINER SERVICE TO L'K-NORTH CONTINENT-SCANDINAVIA WEEKLY p P GUDANG PENANG PKELANG OCEAN VSL/VOY SIN *"~SOU (1) RTM (2) HAM (3) GOT (4) E 22/1 22/1 23/1 AROSIA 3022 26/1 12/2 14/2 15/2 17/2 E 29/1 29/1 30/1 NIHON 3032 2/2 19/2 2V2 2272 24/2 D 5/2 5/2 672 BENARTY
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      305 37 I °BSA° TRANSPORTATION M MYANMA wmm FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf HPAAA VIISN in Pt Std PAGAN VI92W 21/30 lan MALAYSA AGENTS BOUSIUO SMPPMG AGENCtS KUL: TU 03-*****00 PW ID. H UttW PE* TU 04 6161JS WD: Ttt 07-*****1/4 NIGERIAN NATIONAL
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      2440 40 Conventional Semi-Container Full Container Liner Services Liner Services momms General Agents: Booking Agents: Geherel Agents: Booting Agentx Gun Com Shipping S4n BM Cheng Ctioo Shipping Sdn BM f.T. CIoJmJ Put™ Ineonesti Mamint Yick Fung Shipping Stuffing Frtigtit BotkiHt Gmtitup Agfoes Costar Shipping Pte Ltd StMl Frmgkt l—twg C—trt MM 58
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      610 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 23/1 ROTTERDAM 23/1 HAIFA/ASHDOO/ALEXANDRIA 23/1 HAMBURG/BREMEN 23/1 MARSEILLE/FRANCE 23/1 FELIXSTOWE/UK 23/1 BARCELONA/SPAIN 23/1 LEHAVRE/ANTWERP 23/1 GENOA/ITALY 23/1 GOTHENBURG/SCANDINAVIA 23/1 LOS ANGELES/WC/IPI 23/1 SYDNEY/MELBOURNE 22/1 NEW YORK/EC 23/1 FREMANTLE/ADELAIDE 29/1 VANCOUVER 23/1 BRISBANE 23/1
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      1334 41 JAKARTA BANGKOK w «t [ntna Iwy a— mmm Kill BUM 14S 22/1 26/1 JAMJ BHUM 60H Fn 22/1 Man 25/1 BCNJA BHUM 62S 23/1 27/1 NANTA BHUM 125N Sat 23/1 Wed 27/1 WTI gg 15* ™l! 2/2 VMA BHUM 30H Shi 24/1 Tha 2«/ l m 111 QUA BUJM 26N
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      339 41 [mm iker-UIE BAY OF BENGAL SERVICES ttSSEI VOT S» MM Tea STAR 50N 21-22/1 2S-29/1 03-44/1 ia* SKID 2MA 2S-2S/1 31-41/2 *47/2 TEU ARROW SIN 27 21/1 1344/1 10-11/1 Tlttß BRDGE 241N 0142/2 (749/2 14-15/2 IKSSH WT SW CM SW AlUltS BKM 9MCIB 24-25/1 3144/2 14-11/2 LHOTSf 434 24-25/1 3144/2
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      1635 42 IHNlmac-nels groupage i f\~/ JPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 I HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 27/1 28/1 29/1 Hong Kong Ldn/Fli/Rdm/Ant/LHV 21/1 29/1 30/1 31/1 1/2 2/2 Hons Kong Gburg/Chagen/S'hokn/Oslo 24/1 25/1
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      977 42 f THONG SOON LINES PTE. LTD 77 ROBINSON ROW) #15-00. #16-00 SIA BUILDING SWGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER I CONTAINER gtHVFCtS SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA n%UL m S'WE I PEST VESSEL VOT SPWE f.
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      40 45 r ree ears Any Job. any Career. Available Any Day. Any Time, anywhere. The straits Times The Sunday times Business Times The New Paper LIANHE ZAOBAO LIANHE WANDAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA M.NGGU miw* Sutfi-iliore Press Hoklmfts
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      648 46 cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 28/1 Rotterdam/Antwerp CHIWA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/02 20/02 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL7FCL) EXPORT TO: CHIN A/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
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      181 46 J SBBBfe EES FREIGHT SERVICES PTE LTD J -|S #01-60 Wallich Building, Wallich Street, Singapore 0207 Tel: *****66 (10 Lines) Fax: *****69/*****44 I"HANJIN JAKARTA" V.132H I "NANTA BHUM" V.125N 11 "BENARTY" V.2531 I ETD SIN. 28/1/93 II ETD SIN: 23/1/93 II ETD SIN: 22/1/93 I ETA DEST: 9/2/93 II ETA
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      420 46 CROSSWATER *AD OFFICE: 2)1 SOWKOON ROM) #04-00 SUKOOI HUME 5(0121) WAREHOUSE (CTS): BU 37 T6 PKM FUGHT STITW TEL: *****05 m-r*; M :€«T»^77] I PT KELANG/PENANG 1/2 ■UdUi&iSXIIIiI^ASCIZSK^II I TOKYO/YOKOHAMA I 1/2~ ■C32ZnEffiB3!^BHBHIIjZII I BUSAN I 1/2~ L USA 1 30/1 ■S33SSI3I^HIHBBf^ZI_ I SYP/MELB I 28/1 ■3m2QZEZSI^HHiHL^iI I NEW ZEALAND
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      634 46 Antwerp 23/1 Fremantle 31/1 Banakok 23/1 Bremen 23/1 Sydney 28/1 Busan 25/1 Hamburg 23/1 Melbourne 28/1 Hong Kong 2 5/1 LeHarve 23/1 RsTSTin?WcTWI Kaohsiung 23/1 Felixstowe 25/1 KMUUiIW Keelung 26/1 Rotterdam 23/1 Bombay 25/1 Jakarta 24/1 Calcutta 22/1 Manila 25/1 Chittagong 24/1 Lax Nyc 24/1 Karachi 25/1 *We travel all
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      1005 47 HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE ttssas VOY PNA PK£ PGP VESSELS VOT_ Ml RTM ANT* LEH* HAM BHQ FQ MM ADVANCE 01A 19/1 21/1 23/1 OOCI CHARISMA 303W 17/1 5/2 5/2 6/2 7/2 7/2 9/2 HMM ADVANCE 02A 26/1 2S/1 30/1 H. PIONEER 301* 24/1 12/2 12/2
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      471 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS USMI NT PI RBC U nu am a »/i m/i IttM TIADU It 21/1 31/1 SUI U£SS 71 M/I NUB ItllZi 112 »/l MU2f 1 ui SM 1) 1/2 1/2 mi 11/2 cosac cauitacu 21 11/2 OUTBOUND VESSELS LOAPic
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      1008 47 —I OUR USA hTi i"rr r r rFH service calls «AtAM» Mm IHW M/»l HUtATM OBCffOT > imi 2111 01 14/02 17/K 17/« 17/tt 17/ M li/U 11/12 SINGAPORE RAIMA HU lam 11/11 lURAWR w >M 241 M-M/B 24/JB M/U M/K 2«/K H/V 2S/K 21/12 DIRECT EVERY miMWi mpka v
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      6 48 ADYIST]®] 0 i "V 4 J
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      53 48 MARKETING Tomorrow in Business Times Fly Finnair's new MD-11 the world's most technologically advanced aircraft Fly Finnair's new wide bodied MD-11 to Europe and find out why long hauls are a thing of the past. Call your travel agent or 733 3377 for more details. We know the world from
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