The Business Times, 27 January 1993

Microfilm: NL18515
Total Pages: 48
1 48 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    15 1 SINGAPORE Business Times MITA (P) 552/12/92 Wednesday, January 27, 1993 W E KNOW ASIA 15'
    15 words
  • 2am LATEST
    • Article
      Lock icon Belgium pessimistic about quick trade pact
      67 1 Reuter BRUSSELS Belgian Foreign Trade Minister Robert Urbain says the new US administration is showing few signs of wanting to conclude a new international trade agreement rapidly. The appointment of Mickey Kantor as US trade representative was a surprise and his inaugural speech did
      Reuter  -  67 words
    • Article
      Lock icon Clinton's State of the Union address on Feb 17
      66 1 AP WASHINGTON President Bill Clinton will deliver his State of the Union address to Congress on Feb 17, 1 louse Speaker Thomas Foley has said. The address has traditionally been used by presidents to outline their programmes and sum up their
      AP  -  66 words
  • Article, Illustration
    MARKET SUMMARY
    113 1 Stock market indices Tuesday (hange STII 1.605.28 +8.50 KLSE Composite 626.34 0.41 Nikkei 16.492.63 +205.18 Hang Seng 5,923.73 +9.34 SET Index 987.97 -10 47 Jakarta Composite ...276.29 -0.41 CLSA China B closcd Aust All Ord 1.529.2 +5.8 rrSE 100 2.835.7 +63.8 Tuesday I'roious llam close Dow Jones 3,307.30
    113 words
  • Article, Illustration
    Singapore PC maker buys American company
    645 1  -  By Joseph Rajendran SINGAPORE IPC Corporation, Singapore's biggest lo-cally-owned PC maker, has bought a leading-edge American computer firm, Austin Computer Systems. IPC has paid USSI.S million (552.4 million) to the company's sole owner and will pump in an additional USSS million as working capital.
    645 words
  • Article
    Lock icon Global fund managers look to emerging Asian markets
    419 1 Reuter LONDON International fund managers arc turning away from stale markets in developed countries to seek opportunities in emerging markets, especially in equities. As Japan, Europe and the US facc the bill from the 1980s boom, high growth rooted in political and
    Reuter  -  419 words
  • Article
    Cathay staff get sack threat, union to internationalise issue
    378 1  -  From Stephen Vines in HONGKONG AS TALKS continued last night in an attempt to find a solution to the fortnight-long Cathay Pacific Airways flight attendants strike, the staff have been warned to report for duty by midnight tomorrow or facc the
    378 words
  • Article
    Lock icon Clinton picks wife to head health care task force
    193 1 Reuter WASHINGTON President Bill Clinton on Monday gave his wife Hillary the highest profile position a First Lady has held in recent memory, putting her in chargc of a task force on health care reform, Mr Clinton made Mrs Clinton, 45,
    Reuter  -  193 words
  • Article
    Lock icon US$ 20b lift for economy predicted
    110 1 Reuter WASHINGTON Labour Sccrclary Robert Rcich, a key member of President Clinton's economic team, predicted the administration would launch a IJSSIS billion (5524.7 billion) to USS2O billion stimulus programme to boost the economy. "That's the number right now." Mr Reich said. "And I think
    Reuter  -  110 words
  • Article
    Lock icon IBM to find a new CEO, cuts dividend sharply
    373 1 AP Reuter NEW YORK IBM announced yesterday it will cut its dividend sharply and begin the search for a new chief executive to replace its present chairman John Akers. Mr Akers will remain chairman and CEO during the process, which the
    AP; Reuter  -  373 words
  • Article, Illustration
    Lock icon Umno says country's rulers cost government M$ 200m a year
    437 1 Reuter Bernama KUALA LUMPUR Malaysia's ruling party fired another salvo yesterday in its battle to eurb the privileges of the country's hereditary rulers, saying they cost the government nearly MS2OO million (SSI26 million) a year. Prime Minister Mahathir Mohamed. president
    Reuter; Bernama  -  437 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      112 1 7 MISSONI UOMO BOUTIQUE #02-57/58 Wisma Alna Tel 235 5325 u MKLWANI, THE MEN'S FASHION STORE #01-25 Paragon By Sogo Tel 732 2556 CONTENTS News Companies S'pore News 2 S'pore-M'sia 11.12 Regional News 3.4.6 Financial 13.14 World News 8 Features Markets Analysis 27 Clob/KLSt. StS 19.20 Editorial 26 Regional 17
      112 words
    • Advertisement
      Page 1 Advertisements Column 2
      10 1 Regional Analysis A'-/: Asia j next economic powerhouse Ph 25
      10 words
    • Advertisement
      Page 1 Advertisements Column 3
      29 1 Hock Ix)ck Siew Tears and fears of two-tier market Pk 9 Profile of Austin Computer, Page 2 Most powerful post ever assigned to a First Lad v. Pg 10
      29 words
    • Advertisement
      Page 1 Advertisements Column 4
      130 1 (Mr* JAN 22 FEB 6 Drop in to the Plaza Hotel any day during Chinese New Year, and you can join the u celebrations with our mouth-watering selection r ofLohei dishes. Cafe Plaza has a Chinese Neiv lo u Year Buffet with raw fish at $20++ for adults, j $24++
      130 words
    • Advertisement
      Page 1 Advertisements Column 5
      26 1 PANCALDI B BOITIQII #02-39 Centrepotnt Tel 235 0314 MELWANI, THE MEN'S FASHION STOKE #02-55/56/59 W.sma Atna Tel 235 5325 #01-25 Paragon By Sogo Tel 732 2556
      26 words
Page thumbnail Page 2
  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Eating out is still in
        317 2  -  By Sylvia Wong IF THERE'S any trade in the commerce sector that's still fairly resilient, it must be the food business. The sales index of the catering trade which covers all eating places exccpt hawker centres went up by 5.5 per cent for the year
        317 words
    • SINGAPORE ROUNDUP
      • Article
        Kan Seng to attend economic forum
        61 2 FOREIGN AFFAIRS Minister Wong Kan Seng will attend the annual meeting of the World Economic Forum in Davos, Switzerland, from tomorrow till Sunday. The theme of this year's meeting is "Rallying all the forces for global economy what are the priorities?". Yeo Cheow Tong
        61 words
      • Article
        Boon Heng for Bangkok
        60 2 SENIOR MINISTER of State for Trade and Industry Lim Boon Heng will lead the Singapore delegation to the 11th Meeting of the Asean Economic Ministers on Energy Cooperation. The meeting will be held tomorrow in Bangkok. Mr Lim will be accompanied by senior officials from the
        60 words
    • Article
      Yunnan Airlines makes inaugural flight to Singapore
      346 2  -  Republic is carrier's first international destination By Juliette Walker CHINA'S Yunnan Airlines will land at Changi Airport today on its maiden flight here, following an air services agreement signed between Singapore and China in December. In a press release, the Civil Aviation Authority
      346 words
    • Article
      CPF savings at $51.53b at end '92, up 12pc
      270 2  -  By Soli Tiang Keng SAVINGS with the Central Provident Fund have crossed the $50 billion mark. At $51.53 billion as at December last year, the amount represents an increase of 12 per cent from the $46.05 billion at end-1991. The CPF
      270 words
    • Article, Illustration
      Success spurred on by rejection
      581 2  -  Profile of Austin Computer Systems By Joseph Rajendran AUSTIN Computer Systems, which has just been bought by Singapore's biggest PC maker, IPC Corp, would not be where it is today if not for the fact that it was rejected by the big computer companies. Austin
      581 words
    • Article
      Container vessel catches fire off Batam
      330 2 A SINGAPORE-flagged container ship en route to Indonesia caught fire on Monday evening. A Republic of Singapore Navy vessel and two tug boats managed to put out the fire and rescue its 22-man crew. The 6.818-tonne Benja Bhum, owned by Thailand's Regional Container Lines
      330 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      175 2 S DANIEL HECHTER PARIS distinctive menswear Boutique: 435 Orchard Road #01-29 Wisma Atria Singapore 0923 Tel: 733 5842. Also available at leading department stores. Toss up a prosperous Lunar New Year at Thanying Restaurant This Lunar New Year, savoury u sheng with a difference at Thanying Restaurant. Thanving's yu slung
      175 words
    • Advertisement
      Page 2 Advertisements Column 2
      123 2 HE3398 Your son is studying overseas. And you want him close to home with news from home. You've posted a manager to head your Tokyo office. The Straits Times Weekly Overseas keeps him posted. You travel often on business and want to catch up on your return. The week's main
      123 words
    • Advertisement
      Page 2 Advertisements Column 3
      165 2 rH H jHti j;i 1 Name Address; Country; Tcfc Tlx/Fax Occupation: I want to subscribe for months. I enclose OSS cheque/money order USS/£/Cs/A$ bank draft drawn on a Singapore bank Please charge Ss/US$ to my Amex/Visa/Dineis/ Masters. (inSsOßUSsonly) A/CNoc Expiry date: Signature; Dale: I Tease send toe (Fa ki fate
      165 words
Page thumbnail Page 3
  • THE REGION
    • Article
      Jakarta cuts red tape to boost foreign investment
      539 3  -  Move to set up one-stop shop to provide information on rules, incentives From Maggie Ford in JAKARTA WITH foreign investments slowing in the face of competition from China and Vietnam, Indonesia is to expand the role of Swiss import inspection company Societe
      539 words
    • Article, Illustration
      Lock icon Suharto calls for cooperation in human rights issues
      349 3 Reuter JAKARTA Indonesian President Suharto yesterday called for cooperation rather than confrontation between donor countries and aid recipients on human rights. Mr Suharto, speaking at the opening of a United Nations workshop on human rights for the Asia-Pacific region, said donor countries
      Reuter  -  349 words
    • Article
      Bangkok company joins foreign investors in Vietnam joint venture
      487 3 BANGKOK Bangpakong Industrial Park Co has entered into a joint venture with investors from Japan, Korea, the United States and Taiwan, together with the Vietnamese government. The Bangkok Post reported last week that the venture will develop the first industrial estate
      487 words
    • Article
      Lock icon Thai army to trim size to increase efficiency
      197 3 Bernama BANGKOK The Thai army has plans to reduce its si/e in an attempt to upgrade and increase capability. Army Commander-in-Chief General Wimol Wongwanitch said yesterday that the military's defence capabilities Mould also he brought in line with the country's economic and
      Bernama  -  197 words
    • Article
      Lock icon Myanmar junta calls for support
      129 3 AFP YANCiON Myanmar's military commander appealed for public support to keep "destructive elements at bay" as the official media yesterday reported more arrests for illegal pamphleteering ahead of the reopening of a national constitutional convention next week. General Myo Nyunt. speaking before a gathering of
      AFP  -  129 words
    • Article
      Thailand to restructure tariffs to promote exports
      254 3 BANGKOK The Thai Finance Ministry has set up a committee to restructure tariffs in order to promote the long-term competitiveness of Thai exports. A report in The Nation yesterday quoted Finance Minister Tarrin Nimmanahaeminda as saying the ministry will protect the petrochemical industry
      254 words
    • Article, Illustration
      Lock icon Manila firms get incentives to generate own electricity
      422 3 Reuter MANILA The Philippine government yesterday announced new measures to persuade private firms to generate their own electricity to ease a crippling power crisis. President Fidel Ramos said the government would boost incentives to companies that run their own standby generators even
      Reuter  -  422 words
    • Article
      Lock icon World's businessmen meet to discuss investment in Philippines
      268 3 AFP MANILA International businessmen yesterday began meeting Philippine officials to discuss investment opportunities and problems at a roundtable conference hosted by The Economist of London. Senior Vice-President William Henderson of The Economist Intelligence Unit said the event, highlighted by a meeting with
      AFP  -  268 words
    • ASIA NOTES
      • Article
        Lock icon Stake in Taipei state firms for foreigners
        87 4 Reuter TAIPEI Taiwan will offer stakes in state-owned enterprises to foreign investors in order to push ahead with its faltering privatisation programme, the semi-official Central News Agency said yesterday. Foreigners will be allowed to bid for shares in a series of privatisations planned
        Reuter  -  87 words
      • Article
        Thais retain EC tuna export privileges
        95 4 BANGKOK The European Community and Thai officials have agreed to settle amicably the four-year-old dispute over an alleged false canned tuna shipment from Thailand saving I hai exporters EC privileges granted to them worth more than 75 billion baht (SS4.B billion) per annum. The
        95 words
      • Article
        Lock icon Thailand's first woman governor
        73 4 (AFP) BANGKOK The Thai Cabinet yesterday approved the country's first woman provincial governor, state-run Radio Thailand reported. Charasi Thipiras was appointed governor of the central province of Nakon Nayok, north of Bangkok, the radio said. Ms Charasi, 54, is currently head of the interior ministry's department
        (AFP)  -  73 words
      • Article
        Lock icon M'sia ready to resolve Sabah dispute
        86 4 (AP) KUALA LUMPUR Malaysia is ready to hear any new approaches to resolving the territorial dispute over Sabah when Philippine President Fidel Ramos visits this week. Foreign Minister Abdullah Ahmad Badawi said yesterday. But Mr Badawi reiterated that "our stand is firm. Sabah belongs
        (AP)  -  86 words
      • Article
        Lock icon IMF urges Manila to cut growth target
        97 4 (UPI) MANILA The International Monetary Fund has urged the Philippine government to scale down its 4.5 per cent economic growth target this year, a senior economic official said yesterday. Economic Planning Secretary Cielito Habito said the IMF would recommend the country shoot for
        (UPI)  -  97 words
      • Article
        Lock icon Japan condo sales down in '92: report
        93 4 Reuter TOKYO The number of condominiums sold in Japan in 1992 fell 11.6 per cent from a year earlier to 75,173 units, the lowest since 49,955 in 1976, the Real Estate Economic Institute Co Ltd said in a report yesterday. The sharp drop
        Reuter  -  93 words
    • Article
      Lock icon Germany to reject Taiwan bid to buy subs, corvettes
      150 4 AFP BONN Germany is to turn down a bid by Taiwan to buy 20 German submarines and corvettes, reliable sources here said yesterday, as a press report said Bonn was afraid the deal could bar it from the fastgrowing Chinese market.
      AFP  -  150 words
    • Article, Illustration
      Lock icon Seoul cuts interest rates by 1-3 points to boost economy
      616 4 Borrowers expected to save 3.6 billion won a year in loan servicing costs Reuter SEOUL South Korea finally cut interest rates yesterday in a bid to stimulate the sagging economy, a widely expected move hailed in some business quarters but
      Reuter  -  616 words
    • Article
      Lock icon Record number of visitors to HK despite recession
      375 4 Reuter HONGKONG Visitor arrivals in Hongkong rose 15.8 per cent last year to a reeord 6.99 million despite reeession in a number of key markets, the Hongkong Tourist Association said yesterday. East Asian visitors led the rebound from 1991 when Hongkong, along
      Reuter  -  375 words
    • Article, Illustration
      Lock icon Imelda Marcos in court for graft hearing
      38 4 Reuter MANILA Former Philippine First Lady Imelda Marcos talking with her lawyer Antonio Coronet when she appeared before a Manila court yestcrda) for the hearing of graft charges against her. Keuter
      Reuter  -  38 words
    • Article
      Lock icon Prospect of slashing China's budget deficit bleak: minister
      356 4 Reuter BEIJING Huge subsidies to Chinese state-owned industries have disappeared into a black hole and the prospect of significantly reducing the budget deficit is bleak, according to China's deputy finance minister. Although the 1992 deficit will be slightly under the forecast 20.7
      Reuter  -  356 words
    • Article
      Lock icon Beijing to launch monthly magazine on HK and Macau
      215 4 AFP HONGKONG As the reversion of Hongkong and Macau to Chinese sovereignty ncars. Beijing is to launch a monthly magazine devoted to the affairs of the British colony and its Portuguese enclave, it was reported yesterday. Trial issues of Hongkong ami
      AFP  -  215 words
    • Article
      Lock icon Taiwan's private investment hits record high
      197 4 AFP TAIPEI Private investment in Taiwan hit a record in 1992 due to the improved climate generated by the island's massive national infrastructure project, an official said yesterday. Chang Wen-po. director of the overall planning department of the Cabinet-level Council for Economic Planning and
      AFP  -  197 words
    • Article
      New era in Anglo-Indian business ties
      535 6  -  From Salil Tripathi in NEW DELHI MARKING a successful business visit to India, British Prime Minister John Major yesterday announced that British and Indian businessmen will report to him and his Indian counterpart Narasimha Rao within a year on the progress made in developing
      535 words
    • Article, Illustration
      Lock icon India celebrates 43 years as a republic
      348 6 AFP NEW DELHI India, troubled by an upsurge of religious fundamentalism, Hindu-Mus-lim tensions and security fears, set aside its nagging worries yesterday and celebrated 43 years as a republic with pomp and ceremony. British Prime Minister John Major was chief guest at a
      AFP  -  348 words
    • Article
      Lock icon Tokyo calls for more openness in arms trading
      344 6 AFP UPI TOKYO Japan appealed at the start of an Asia-Oceania arms conference yesterday for countries in the region to be open about their weapons trading, saying this would boost regional confidence. Confidence-building will increase in Asia-Oceania if countries in the region
      AFP; UPI  -  344 words
    • Article
      Lock icon Japan's leading index still weak in November
      204 6 AFP TOKYO Japan's leading index of future economic trends was 30 points in November, below the so-called boom or bust level of 50 points for the fourth month in a row, the Economic Planning Agency said yesterday. The agency's preliminaryreport showed similar sluggishness
      AFP  -  204 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      102 3 ECONOMETRIC STUDIES UNIT DEPARTMENT OF ECONOMICS STATISTICS i •.•■%^vv.vww irnArLiw NATIONAL UNIVERSITY OF SINGAPORE j 10 FEBRUARY, 199?» YORK HOTEL Singapore's Economic Outlook: Forecasts, Some Policy Issues and Simulation Results (DrT. Abeysinghe, Dr Ng J lock. Guan, DrTanUnYeok, NUS) Alternative Approaches to Forecasting the Singapore Economy (DrT. Abeysinghe, Dr Chcxv
      102 words
    • Advertisement
      Page 3 Advertisements Column 2
      65 3 A Breguet watch. The very private reward. Singapore: THE HOUR GLASS Lucky Plaza Tel. *****20/1 Scotts Tel. *****27/7198 Centrepoint Tel. *****98/603 Peninsula Plaza Tel. *****09/*****63 Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 Malaysia: THE HOUR GLASS Lot 10 Centre. Kuala Lumpur Tel. 03-*****20/932 Yow Chuan Plaza. Kuala Lumpur Tel. 03-*****14/24
      65 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      537 4 Two specialised briefings for the Asian aviation industries H For Commercial/International Affairs and H Traffic Managers, Legal Advisors and Negotiators H I February 22 1993, The Regent of Singapore I A one day international implications for bilateral Paul S Dempsey. H conference examining the agreements Professor of Law. Director H
      537 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      49 5 y »ue I Johnnie 1 I I Asia's Premier Golf Event I Singapore Island Country Club, Singapore 4th-7th February 1993 I <oC>BE >_ 1 DD I l Exclusively for American Express Cardmembers eT jfe All LA ,U J Call the Applause Hotline at 730-1152 to reserve your tickets now. I
      49 words
Page thumbnail Page 6
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      329 6 How to forward incoming calls to the right person at the right place and at the right time. Introducing Call Routing from Singapore the time of the day and even a specific date Telecom: the service designed to save your in the year. You decide where and when to get
      329 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      115 7 f©[B"imiaim s F©[g ML&MOIM®, Tomorrow Hongkongßank opens its new Alexandra This local improvement to our customer service branch. It is located at BP Tower, 396 Alexandra Road follows closely on the heels of another rather major on the first floor just a few short steps (well, long international development: our
      115 words
Page thumbnail Page 8
  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Jobless rate of OECD nations rises
        108 8 AFP PARIS The average unemployment rate of the OECD countries rose further in December after remaining unchanged at 7.5 per cent in the three months through November, the OECD said. The 24-nation Organisation for Economic Cooperation and Development (OECD) said it based this assessment
        AFP  -  108 words
      • Article
        Lock icon French trade surplus at record
        71 8 Reuter PARIS France's trade surplus in 1992 of 30.55 billion francs was a record, the industry ministry said. "This is the first time since 1978 that we have had a trade surplus, if you exclude the surplus of 400 million francs in 1986 after oil
        Reuter  -  71 words
      • Article
        Lock icon Russia sees farm output stabilising
        90 8 Reuter MOSCOW Russia detects signs of stability in its agriculture sector 12 months after the government ordered the big stateowned farms to draw up plans for change. "1 think 1993 will be the year when production begins to stabilise, although 1 do not think we
        Reuter  -  90 words
      • Article
        Lock icon Swiss exports surge 36pc
        112 8 KnightRidder ZURICH Swiss fourth quarter capital exports surged 36 per cent to 12.9 billion Swiss francs year on year, according to data released by the Swiss National Bank. Bonds as a share of capital exports rose by 81 per cent, while loans shrunk by 35 per
        Knight- Ridder  -  112 words
      • Article
        Lock icon Belgium in a recession period
        95 8 Reuter BRUSSELS The Belgian economy is currently in a recession and economic growth is likely to be below one per cent this year, its worst performance for about a decade, Generale Bank NV's chief economist said. "Our feeling is that we entered a recession in
        Reuter  -  95 words
      • Article
        Lock icon Peru calls for municipal elections
        107 8 AFP LIMA After months of army-backed authoritarian rule, Peru's elected President Alberto Fujimori marks the midpoint of his five-year term on Friday with municipal elections meant to cap the country's nominal return to democracy. Mr Fujimori, 54, suspended the constitution and closed Congress and the
        AFP  -  107 words
      • Article
        New head for Czech Republic
        57 8 PRAGUE Vaclav Havel, former president of a united Czechoslovakia, was poised to be chosen by parliament as head of state in the new Czech Republic. But the 56-year-old hero of the "velvet revolution" that overturned communism in Czechoslovakia three years ago foresees a vastly different
        57 words
    • Article
      Lock icon US oil companies lash out at talk of broad energy tax
      533 8 Industry officials claim spending cuts will be more effective Reuter NEW YORK US oil companies have lashed out at new signs that the Clinton administration may impose a broad energy tax to ease the budget deficit, contending that sharp
      Reuter  -  533 words
    • Article
      Lock icon Clinton must promote growth overseas to help recovery at home: analysts
      638 8 Reuter WASHINGTON President Bill Clinton has promised to "grow" the US economy but analysts say he'll also have to do something about sagging economic growth overseas if his administration is to be a success. Slowing growth overseas and in
      Reuter  -  638 words
    • Article
      Lock icon Sale of high-tech firm to Japanese under scrutiny
      375 8 NYT WASHINGTON The Clinton administration is looking for ways to undo a secret lastminute decision by the Bush administration to approve a Japanese corporation's purchase of an American company that makes computer equipment, federal officials said on Monday. The case, involving a
      NYT  -  375 words
    • Article
      Lock icon US budget deficit projected to soar to US$ 3l9b in 1997
      246 8 Reuter WASHINGTON The Congressional Budget Office (CBO) has forecast that the US budget deficit will soar to US$3l9 billion (SSSIO billion) in fiscal 1997 from 1993's projected US$3lO billion. "If the current fiscal course is not changed. 10 years
      Reuter  -  246 words
    • Article
      Lock icon France to send aircraft carrier battle group to Croatia
      371 8 Reuter PARIS France announced yesterday it was sending an eight-ship aircraft carrier battle group to the Adriatic amid mounting public anger after two French UN peace-keepers were killed in the latest fighting in Croatia. Defence Minister Pierre Joxe said the aircraft
      Reuter  -  371 words
    • Article
      Lock icon Russia aims to privatise most sectors this year
      448 8 Reuter MOSCOW The man in charge of privatising Russia's economy said the bulk of the enormous task should be completed this year, including the transfer of most of the mili-tary-industrial sector from state to private hands. Deputy Prime Minister Anatoly Chubais told
      Reuter  -  448 words
    • Article, Illustration
      Greenpeace for tanker-free zones
      52 8 BRUSSELS The international environmental organisation Greenpeace demonstrating on Monday, showing dead birds in front of the EC building as transport and environment ministers from the 12 EC states arrived here for emergency talks on shipping safety. Greenpeace asked for the establishment of tanker exclusion zones in
      52 words
    • Article
      Lock icon UK may be forced to save up to 20 coal pits
      412 8 Reuter LONDON The government could be forced into an embarrassing climbdown over coal pit closures by recommendations from an all-party group of parliamentarians that up to 20 of the 31 pits earmarked for shutdown should be saved. Political sources
      Reuter  -  412 words
    • Article
      Lock icon Danish minister to seek 'yes' vote for Maastricht
      307 8 FT COPENHAGEN Helveg Petersen, who took over as foreign minister in Denmark's four-party coalition government yesterday, said his top priority will be to secure a 'yes' to the Maastricht Treaty on European Union in the second Danish referendum, to be held later
      FT  -  307 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      378 9 1992 Merchant Bank of the Year 66 US investment banks are the most aggressive otiobcHwj] building a presence in Asia. But few have Philippine Long Brilliance China secured the deals to match. The Asian arm of Distance Telephone Automotive Holdings m investmmt bank CS Fmt Company Limited J 12,650,0(30 Global
      378 words
Page thumbnail Page 10
  • WORLD FOCUS
    • Article, Illustration
      Lock icon Most powerful post ever assigned to first lady
      712 10 The Hillary Clinton appointment NYT WASHINGTON Hillary Clinton's appointment to head a committee to prepare legislation for overhauling the nation's health-care system is the most powerful official post ever assigned to a first lady. Introducing his health panel on Monday, US President
      NYT  -  712 words
    • Article
      Lock icon Washington wives then and now
      679 10 AP WASHINGTON First ladies have come a long way between Martha Washington content to be "a quiet wife, a quiet soul" and Hillary Rodham Clinton, appointed by her husband on Monday to head a national health care task force. They've even come a long way
      AP  -  679 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      495 10 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 4 ftwo tUek Lmk Sim Mmhml l*mn J Wife* You
      495 words
Page thumbnail Page 11
  • COMPANIES & MARKETS
    • Article
      CDL Hotels close to acquiring China hotel from Hong Leong
      536 11  -  Transfer of Holiday Inn Crown Plaza in Xiamen may take place soon By Lee Han Shih SINGAPORE In continuation of a buying spree which has seen it snapping up three hotels in London, Hongkong and Kuala Lumpur, CDL Hotels is
      536 words
    • Article
      Cold Storage chief executive John Lim quits
      292 11 SINGAPORE The chief executive officer of Cold Storage Holdings Ltd, John Lim, has resigned. It was the second resignation involving CSH's top management ranks after its Australian parent, Goodman Fielder Ltd, announced last October that the group's retail business will be sold off.
      292 words
    • Article, Illustration
      Lee Kim Tah dies
      314 11 Obituaiy SINGAPORE Lee Kim Tah, the founder of listed construction group Lee Kim Tah Holdings, passed away yesterday at .he age of 92. A pioneer contractor in Singapore, Mr Lee was wellknown for his shaip business acumen and his active involvement in the construction industry for
      314 words
    • Article
      Lock icon Venture set up to operate Malaysia's cellular mobile service
      216 11 Bernama KUALA LUMPUR Telekom Malaysia Bhd has recently signed a shareholders agreement with Permodalan Nasional Berhad, Edaran Otomobil Nasional Bhd and Sapura Holdings Sdn Bhd to operate a cellular mobile telecommunications service in Malaysia. The joint venture company, Mobikom Sdn Bhd,
      Bernama  -  216 words
    • Article
      Will scripless trading remove tears and fears of two-tier market?
      799 11  -  HOCK LOCK SIEW By Amy Balan SINGAPORE The recent rush at Barbinder Co, registrars for Singapore Press Holdings, highlights yet again the potential rewards and risks of trading "local" and "foreign" shares. Those who managed to buy SPH local shares
      799 words
    • Article
      Investors advised to buy Japan, Far East shares
      447 11  -  By Paul Leo SINGAPORE Buy out-of-favour Japanese shares, plus some companies in the "little tiger" markets that have been locked in multi-year trading ranges, said David Fuller in his Jan 22 newsletter Fuller Money. The reason: most of the bad news has
      447 words
    • Article
      Singmarine to decide on fate of No 1 Dock next month
      284 11  -  By Rahita Elias SINGAPORE Singmarine Industries Limited, a member of the Keppel conglomerate, will decide early next month on the fate of its largest dock, which listed last October. A Singmarine spokeswoman told BT: "We will be clearer about
      284 words
    • Article, Illustration
      SUMMARY
      321 11 Performance of STII's index stocks Jan 26 l-ast Sense Index Slock sale Chge factor no»ers (1) S Avimo 1.950 1.68 CAC 7.450 642 Ccrcbos 4.680 403 Cold Store 3 020 0060 260 9 76 KAN II 500 0 100 9 91 16 26 CienMag 0855 -0010 0 74 -1
      321 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon Amcorp to control planned CWT venture
          65 12 Bernama KUALA LUMPUR Arab-Malaysian Corporation Bhd is expected to hold a majority stake in a proposed joint-venture with CWT Distributors Pte Ltd, subject to the final shareholders' agreements and the initial share capital required to be raised. In a reply to a Kuala Lumpur
          Bernama  -  65 words
        • Article
          Lock icon Salomon eyes HK Futures Exchange seat
          77 12 Reuter HONGKONG Wall Street giant Salomon Inc has applied for membership on the Hongkong Futures Exchange and the exchange's clearing corporation. Salomon Brothers Hongkong Ltd has been operating in the colony since 1988 and recently applied for membership in the Hongkong Stock Exchange. A
          Reuter  -  77 words
        • Article
          Lock icon NEC sees 9b yen loss for this year
          63 12 AFP TOKYO Japan's NEC expects to make a consolidated net loss of nine billion yen (S$ 120 million) in the year to March 31 due to the stagnant world computer and semiconductor market, the group has announced. During fiscal 1991, the world's
          AFP  -  63 words
        • Article
          Lock icon Toshiba opening office in Moscow
          92 12 Reuter TOKYO Toshiba Corp said it would open an office in Moscow next month to seek out business opportunities in the former Soviet Union and look for potential local distributors. Toshiba has annual sales to the former Soviet Union of some six billion yen, mainly
          Reuter  -  92 words
        • Article
          Lock icon Chrysler plans plant in Vietnam
          67 12 AP BANGKOK A team from American automaker Chrysler Corp has visited Vietnam to discuss plans to set up a car assembly plant there, the official Voice of Vietnam radio said on Monday. The report provided no details, but said the team "has come to Hanoi
          AP  -  67 words
        • Article
          Corrections & clarifications
          67 12 Corrections clarifications IN AN article headlined "New ships expected to boost Hai Sun Hup's earnings" in yesterday's Business Times, it was reported that "the company will take delivery of three ships later this year". The company has since clarified that one vessel, a veiy large crude carrier named Sentosa Pride,
          67 words
      • Article
        PHN places hopes on Proton expansion, second car project
        369 12 Company increasing output of stamped car parts KUALA LUMPUR PHN Industry Sdn Bhd, a stamped automotive parts and components manufacturer, expects higher sales from the expansion of Proton and the implementation of the second national car project. A PHN Industry spokesman
        369 words
      • Article
        Thai securities panel prepares hind draft
        416 12 Move is to encourage open-end funds for mutual fund companies BANGKOK The Securities and Exchange Commission is preparing a draft for "interval funds" as a move leading towards open-end funds which are strongly supported by mutual fund management companies, the Bangkok Post reported over
        416 words
      • Article
        Lock icon Short-term outlook for plantation firms seen to be excellent
        472 12 MBT KUALA LUMPUR The short-term prospect for Malaysian plantation companies are excellent because palm oil prices are expected to rise to over MS 1.000 per tonne by March this year, says InterPacific Securities in an overview of the Malaysian oil palm
        MBT  -  472 words
      • Article, Illustration
        Lock icon Sears' move puts vendors in a spot
        203 12 Reuter CHICAGO Sears, Roebuck and Co's plans to drop its general merchandise catalogue after this year may send certain vendors scrambling to find alternative outlets, but a sampling of its suppliers said it was too early to determine the potential impact. "Sears is
        Reuter  -  203 words
      • Article
        Lock icon Nikkei needs more than govt intervention to revive: analysts
        668 12 MARKET WATCH Reuter TOKYO The moribund Tokyo stock market is waiting for more official succour, but analysts fear palliatives left in the government's bag are not enough to perk up trade. As the Nikkei Average flirts with the 16,000 level for
        Reuter  -  668 words
      • Article
        Lock icon PAL board to buy planes despite objections
        314 12 Reuter MANILA The board of Philippine Aiitmes (PAL) has decided to buy 10 Airbus and Boeing aircraft, ignoring the objections of a big stockholder bidding for control of the country's flag carrier. "The aircraft orders cannot be deferred. It has been approved already
        Reuter  -  314 words
      • Article
        Lock icon Investors in race to build smelters
        217 12 KnightRidder TOKYO Two separate investor groups with plans to construct copper smelters in South-east Asia are racing to be the first to finalise overdue financing arrangements, say Japanese sources involved in the feasibility studies. "One new smelter is definitely required," said a tradehouse source.
        Knight- Ridder  -  217 words
      • Article
        Lock icon China to build stock exchange building in Shanghai
        237 12 Reuter HONGKONG China plans to build a US$lOO million (Ssl64 million) stock exchange building in Shanghai in the latest attempt to revive the city as the nation's financial centre, the Beijing-controlled China News Service (CNS) said yesterday. The building, due to be
        Reuter  -  237 words
      • Article
        Lock icon US oil majors post improved earnings
        386 12 Higher natural gas prices, cost-cutting help boost bottom line Bloomberg Business News NEW YORK Rounds of cost cutting and increased natural gas prices helped major oil companies such as Exxon, Amoco, Arco, and Chevron generate improved fourthquarter earnings compared with the year-ago period. In
        Bloomberg Business News  -  386 words
    • FINANCE
      • Article
        Lock icon Japanese banks setting up new firm to absorb bad loans
        525 13 Govt-proposed venture will be owned by 21 banks AFP TOKYO Japanese banks are to set up a new company to absorb tens of billions of dollars in bad loans although the first major deals are not expected before late March
        AFP  -  525 words
      • Article
        Thailand wants insurance firms to maintain adequate reserves
        299 13 BANGKOK Insurance laws will be tightened to ensure that companies maintain adequate reserves to make payment and prevent irregularities in paying indemnities, said Commerce Minister Uthai Pimchaichon. The tightening covers both life and non-life insurance business. To ensure better protection for policy
        299 words
      • Article
        Lock icon Philippines to privatise medium-sized commercial bank by mid-April
        235 13 AFP MANIIjV The Philippines is to privatise International Corporate Bank (Interbank), a medium-sized commercial bank, by mid-April after buying out American Express Bank's 40 per cent stake in the institution, a government statement said yesterday. State-owned National Development Co (NDC), which owns
        AFP  -  235 words
      • Article, Illustration
        Maxtor raises US$ 48m to reorganise operations
        340 13  -  By Dawn Tan SINGAPORE Disk drive manufacturer Maxtor Peripherals (S) Pte Ltd, a subsidiary of US-based Maxtor Corporation, has raised US$4B million from the international capital markets, which it will use as part of the group's efforts to reorganise its manufacturing and business
        340 words
      • Article
        Lock icon ANZ Banking Group to open Hanoi branch
        178 13 AFP SYDNEY Australia's ANZ Banking Group Ltd announced yesterday it was preparing to open its first branch in Vietnam. Executive director Alister Maitland said in a statement the branch would open in Hanoi today, to be followed by a Ho Chi Minh City
        AFP  -  178 words
      • SMALL CHANGE
        • Article
          Lock icon Tokyo wants stable currency market
          90 14 Reuter TOKYO Japan and other major nations will seek continued policy coordination to ensure a stable currency market. Finance Minister Yoshiro Hayashi said. Mr Hayashi told the finance committee of the Lower House of Parliament that Japan's fiscal principle is to refrain from issuing deficit-financing
          Reuter  -  90 words
        • Article
          Lock icon IBJ to enhance bonds market-making
          94 14 Reuter TOKYO The Industrial Bank of Japan Ltd will strengthen its market-making in government-guaranteed and municipal bonds, a bank spokesman said. IBJ has been making the market in less liquid bonds since last July. It now wants to expand this by responding to investors' orders
          Reuter  -  94 words
        • Article
          Lock icon Bank to issue Samurai bonds
          92 14 Reuter TOKYO The National Bank of Hungary has decided to issue 40 billion yen in Samurai bonds with a 6.5 per cent coupon, maturing on Feb 10, 1998, priced at par, lead manager Daiwa Securities Co Ltd said. The five-year bonds are the 13th issue,
          Reuter  -  92 words
        • Article
          Lock icon Pakistan firm plans to raise capital
          70 14 Reuter KARACHI The First Grindlays Modaraba, a non-banking financial institution in Pakistan, plans to raise its authorised capital to 400 million rupees from 300 million. A government spokesman said the Modaraba companies registrar had received an application from the Grindlays Modaraba, which follows Islamic
          Reuter  -  70 words
        • Article
          Lock icon Canadian bank closes Comcheq deal
          73 14 Reuter TORONTO Canadian Imperial Bank of Commerce said it has closed its deal to buy the payroll services business of Comcheq Inc. "By combining the current CIBC payroll business and Comcheq's, the new merged payroll company becomes the leading supplier of payroll services in Canada,"
          Reuter  -  73 words
        • Article
          Lock icon First Financial 4th-quarter income up
          111 14 Bloomberg Business News HAMILTON, Ohio First Financial Bancorp said fourth-quar-ter net income rose to U554.24 million, or 63 cents a share, from US$3.B million, or 56 cents a share, a year earlier. Per-share figures have been adjusted for a 10 per cent stock dividend. Financial
          Bloomberg Business News  -  111 words
      • Article, Illustration
        Lock icon Amex names new CEO but ex-chief hangs on to power
        291 14 Reuter NEW YORK American Express Co directors named president Harvey Golub to replace James Robinson as chief executive on Monday but stunned Wall Street by handing Mr Robinson control of the company's Shearson Lehman Bros brokerage unit. Mr Robinson, who
        Reuter  -  291 words
      • Article
        Lock icon Bankers Trust 4th-quarter earnings up 24pc
        192 14 UPI NEW YORK Bankers Trust New York Corp, US seventh largest bank, on Monday reported fourth-quarter earnings rose 24 per cent to US$l7O million (Ss2Bl million), or US$l.97 a share, from US$l37 million, or US$l.57 a share, for the year-ago period. Net income for
        UPI  -  192 words
      • Article
        Lock icon Japan's new stock futures to be controlled tightly
        538 14 Move to soften impact of futures trading on cash market Reuter OSAKA A new stock futures contract to start next year on the Osaka Securities Exchange (OSE) will be under tight control by exchange and financial authorities for some time, OSE chairman
        Reuter  -  538 words
      • Article
        Lock icon India may allow new private sector banks to be set up
        336 14 Reuter BOMBAY For the first time in almost a quarter of a century, India may allow the setting up of new private sector banks to introduce greater competition and efficiency into the country's ramshackle banking industry. But new guidelines
        Reuter  -  336 words
      • Article
        Lock icon Fed drafts rules on US bank securities
        196 14 Reuler WASHINGTON Federal Reserve staff is preparing a final draft of a new rule designed to ease the amount of securities that banks can underwrite through broker-dealer affiliates. "I am hopeful that we are going to be able to issue something fairly soon
        Reuler  -  196 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        143 14 The US dollar started the week lower across the board amidst concerns that the Clinton administration will push for lower US interest rates. Against the Ss, the US dollar opened at 1.6435/45, compared to a close of 1.6530-40 on Friday. In a nervous and thin
        143 words
      • Article
        Lock icon London
        187 14 Bloomberg Business News LONDON The dollar ended the day firmer in Europe as attention focused on sterling after a surprise cut in UK base lending rates. Few expected the Bank of England to ease credit as early as yesterday and the timing of the move sparked speculation that further
        Bloomberg Business News  -  187 words
      • Article
        Lock icon New York
        75 14 Reuter NEW YORK The surprising one-point cut in the UK base rate sent a shock wave through the market yesterday, completely overshadowing the dollar's weakness at the US opening, dealers said. The dollar opened at 1.5710/15 marks and 123.25/30 yen, down from Monday's close at 1.5765/75 and 123.40/50.
        Reuter  -  75 words
      • Article
        Lock icon Merrill Lynch earnings hit another record
        427 14 Reuter NEW YORK Merrill Lynch Co Inc, the biggest US stock brokerage, posted its second consecutive year of record earnings on Monday, reflecting strong performances in all its businesses. Merrill's 1992 net income was U*****.8 million (SSI.S billion) or US$7.B4 a share on revenues
        Reuter  -  427 words
      • Article, Illustration
        Untitled
        1505 14 IraJe-Hrt*hinl imirx ukvlan-J ataiml S'[*irr UJf> 14 tradint partners Baxynr mi US$/S$ forward rates Noon Jan 26 ss Btd Oder 1-month ***** 1 6436 2-month ***** ***** 3-month 1.6397 ***** 6-month 1 6367 1 6387 Source: OCBC FOREIGN CURRENCY NOTE RATES As at I Own yesterday: Singapore dollars to one
        1,505 words
    • COMMODITIES & FUTURES
      • Article, Illustration
        Lock icon China buying up gold even as Western banks are dumping it
        628 15 Reuter HONGKONG China, flush with dollars due to its huge trade surplus, is buying up large quantities of gold just as Western central banks are dumping it, Hongkong dealers say. Purchases mainly by the People's Bank of China (PBOC)
        Reuter  -  628 words
      • Article
        Lock icon Chinese gold output up 7.5 pc
        193 15 AFP BEIJING China's gold production rose 7.5 per cent last year over 1991, the People's Daily reported yesterday. It marked the fourth consecutive year of increased output, but the rate of increase was half that of last year and less than the 10 per
        AFP  -  193 words
      • Article, Illustration
        Lock icon Natural gas may become fuel of the '90s
        758 15 Ginton administration plans to encourage its use over imported oil AP NEW YORK After more than a century of being viewed as a stepchild to crude oil, natural gas could soon become the fuel of the '90s. Touted as clean, cheap and
        AP  -  758 words
      • Article
        Lock icon Opec to ask all members to cut production
        253 15 Reuter KUWAIT Opec will ask all its members to cut oil output at the organisation's ministerial meeting on Feb 13. Kuwaiti Oil Minister Ali aBaghli. after talks with Opec president Aiirio Parra vesterdav. said all members, including Kuwait, would be asked to
        Reuter  -  253 words
      • Article
        Texaco to continue exploration work in Thailand
        307 15 BANGKOK American oil giant Tcxaco and its petroleum exploration partners say they have high hopes of discovery in Thailand and plan to spend another 500 million baht (SS32 million) on drilling and other activities this year. According to a Bangkok Host report, the
        307 words
      • Article
        Crude prices continue to surge
        275 15 Bloomberg ENERGY REPORT NEW YORK Crude futures in New York and London traded higher yesterday morning as momentum from Monday's price surge continued, traders said. Some traders felt Monday's strength, based on hopes that Opcc would cut production in the first quarter, was overdone and
        275 words
      • Article
        Lock icon Dowa to raise zinc, copper smelter capacity
        192 15 Knight-Ridder TOKYO Japan's Dowa Mining Co is seeking to boost its zinc and copper production capacity in order to improve competitiveness and cope with possible reductions in Japan's import duties, company and industry sources said yesterday. Dowa is the majority shareholder in the
        Knight-Ridder  -  192 words
      • Article
        Lock icon Eurodollars steady, Nikkei futures up
        1469 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures ended steady in moderately active trade yesterday as the Bank of England rate cut stirred hopes for a US cut. dealers said. March Eurodollars ended unchanged at 96.66, their previous IMM close, and June at 96.43
        Reuter  -  1,469 words
      • Article
        KL tin ends two sen lower on bigger offerings
        1039 16 COMMODITIES REPORT Tin THE price of tin on the Kuala Lumpur Tin Market ended two sen lower at MS 14.98 sen per kg on higher offerings yesterday. Dealers said there were bigger offerings following the accumulations of stocks due to the
        1,039 words
    • Article
      COMMODITY PRICES
      1654 16 Rubber Jan 26 RAS Commodity Exchange (futures closing as at 1pm) RAS (physical prices) RSS 1 Contract (S cents/kg) Buyers Seders flose Vo|ume As at 12 MM (S cents/ltg) Month High Low Sett (tonnes) Interest RSS 2 Feb 92 145.50 I46.50N Feb 93 0.00 0 00 150.25 0
      1,654 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1160 17 5.8 The Australian share market yesterday held tightly to early gains to close slightly higher in scattered trade which was hampered by the Australia Day holiday. Brokers said trade was "dull and boring" with half the nation. including Sydney, taking the day oIT. But the crossing of two large
        1,160 words
      • Article
        Manila
        647 17 -22.83 Share prices closed lower yesterday as the market undertook a technical correction after a robust rally last week that saw the index rise by nearly 60 points, brokers said. The Manila Stock Exchange Composite Index fell 22.83 points to end at 1,317.31 from Monday's closc of 1,340.14. Brokers
        647 words
      • Article
        Seoul
        462 17 Institutional selling of large-cap-italisation shares outweighed a moderate degree of buying interest in small and mediumsized firms, pushing the stock index to a lower close yesterday. Brokers said the widely-ex-pected announcement of an interest rate cut failed to boost the market. South Korea lowered the central bank's rediscount rate
        462 words
      • Article
        New Zealand
        345 17 +6.71 Shares, led by Fletcher Challenge and Telecom, ended higher at the close yesterday, thanks mostly to firmness on Wall Street overnight. Turnover, after averaging around NZ$l5 million a day since Christmas, was sharply higher at NZ$27 million. The NZSE-40 Capital Index firmed 6.71 points to 1,509.99. The
        345 words
      • Article
        Untitled
        471 17 Taipei Vrf" Jil 1« VIS COO) All Sincere Ind 5 30 with 2 Asia Cement 5500 200 797 f*lu> Constr 41 20 0 40 1918 Cathay Life Ins 10* 50 150 917 Chang Hwa Bank *3 50 150 1092 Cheng Lounf 15 70 0 50 4510 Chia Hsin t extent
        471 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        760 17 Britannia Funds Steriiag Cash Bid Oder Mim Cap Deposit *38 1400 *38 1500 Mim Jenry CiiT .***** 0 1979 Mim Mu Income *0 9900 ****** LS$ Cash Income P1« Fund *****0 *****0 PS J Reserve Fund 5 2000 5 2100 Steriiag Lquil> Euro Performance 0.4445 ***** Far East Fund *2
        760 words
      • Article
        London
        636 17 +63.8 Shares raced ahead to a sharply higher close yesterday as the market cheered news of a one point cut in UK interest rates with its biggest one-day gain this year. The one point cut in UK interest rates to 6 per cent, having been widely expected to be
        636 words
      • Article
        Brussels
        165 17 +8.85 Hopes for a rising dollar under new US president Bill Clinton and a sharp fall in bond yields sent Belgian shares higher on strong volume yesterday. The Bel-20 Index of the Brussels bourse closed 8.85 points or 0.76 per cent higher at 1.178.30 points on strong volume of
        165 words
      • Article
        Paris
        100 17 +0.71pc The Paris Bourse enjoyed a winning session yesterday, as the CAC-40 Index finished at 1,792.5 points, up 0.71 per cent from the Monday's close. Paris Jan 26 Fr Air-l iguiilc W OO f 15 00 Alcald Amthom 644 00 I 00 Eir- Vquit 3)2 4») 4 60 Gale
        100 words
      • Article
        Stockholm
        127 17 +0.28pc Britain's decision to cut interest rates gave a strong impetus to the Stockholm bourse yesterday, bringing it back from lower early levels, but it closed only narrowly firmer as the momentum faded in late trade. "The situation is quite stable at the moment and the bourse is likely
        127 words
      • Article
        Frankfurt
        244 17 +6.92 German stocks climbed yesterday as overseas investors bet on a fast cut in German interest rates after the Bank of England triggered a reduction in UK base lending rates, traders and analysts said. The Bank of England yesterday morning cut its key minimum lending rate to 6 per
        244 words
      • Article
        Milan
        170 17 +0.29pc News of a one point cut in British lending rates boosted hopes that Italy would soon follow suit and gave a late lift to stock prices yesterday. The MIB Index closed 0.29 per cent higher at 1.042 with underlying trend up 1.34 per cent at finish. The market
        170 words
      • Article
        Amsterdam
        243 17 +0.59 Dutch shares closed higher yesterday following a rally in British stocks, traders said. The EOE Index of Dutch shares closed up 0.59 point at 291.50. after reaching an intraday high of 292.44. Advancers on the index outpaced decliners 12 to eight, four stocks closed unchanged and one stock,
        243 words
      • Article
        Zurich
        266 17 +2.5 Swiss shares closed mixed to marginally firmer in fairly active trade yesterday. The broad SPI Index ended up 2.5 points to 1.260.8. Dealers said insurers rose more than I per cent on a view that the sector had been neglected and should do well in an environment of
        266 words
      • Article
        Johannesburg
        295 17 •11 South African gold shares were given a late boost yesterday by a long-awaited break above USS33O an ounce in the gold price. Dealers said the financial rand's falling off highs had helped a recovery in industrial and other mining shares after a weaker morning session. The JSE Industrial
        295 words
      • Article
        Toronto
        288 17 19.67 Toronto stocks opened on a buoyant note yesterday after giant Northern Telecom reported earnings well above analysts' expectations. The TSE-300 Index rose 19.1 points to 3.314.7 on volume of 8.0 million shares valued at C 5111.4 million. Advances easily outstripped declines 177 to 107, with 169 issues unchanged.
        288 words
      • Article
        New York
        799 17 +35.39 Blue-chip stocks rose yesterday. buoyed by reports that sales of existing US homes in December jumped to their highest monthly peak in 13 years and that IBM planned to cut its dividend and replace its chairman. At 11 am (1600 GMT) yesterday, the Dow Jones index of
        799 words
    • Article, Illustration
      Lock icon HONGKONG
      2951 18 Reuter SHARES were narrowly mixed in moderate trading shortly, with trading focused mostly on index heavyweights, players said. The blue-chip Hang Seng Index was up 9.34 points to 5.923.73 after an initial jump to the 5,970 level. The broader All Ordinaries Index was up 0.45 points to 3,150.26 on
      Reuter; Source: Bridge Info  -  2,951 words
    • Article, Illustration
      Lock icon TOKYO
      2513 18 Reuter STOCKS ended up as talk of official action on the economy sparked short-covering of futures and program-buying of stocks yesterday. Investors were wary of being caught short by government stimulative action, but remain unconvinced about how helpful such measures will be, brokers said. "Government officials are talking about
      Reuter; Source: Bridge Info  -  2,513 words
    • Article, Illustration
      Lock icon BANGKOK
      1838 18 Reuter INVESTORS yesterday sold banks, finance and securities firms and property shares to take profits after five days of rallies, brokers said. Their losses extended in the afternoon and more correction is expected in the next few days. The SET Index lost 10.47 points, or 1.05 per cent, to
      Reuter; Source: Bridge Info  -  1,838 words
    • Article, Illustration
      Lock icon JAKARTA
      724 18 Reuter THERE was little trade yesterday with activity dampened by the continuing holiday mood in Hongkong and Singapore. The Official Index closed 0.41 points lower at 276.29. Among the most active stocks was Pan Brothers, through company support and genuine local interest. "The stock was oversold and now it's
      Reuter; Source: Bridge Info  -  724 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2379 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Multi-Purpose 2,953,000 Tan Chong 50c 1.539 000 Kamunting 50c 834.000 Scl Properties 647.000 Land General 564,000 Metroplex 50c 457,000 Pro met 425.000 M Resources 424.000 Renong Bhd 50c 352.000 Sime Datt>y 50c 253.000 Faber Group 231.000 D&C Bank 50c
      Source: Bridge Info  -  2,379 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Prices end mixed in slow trading
        4596 19 Bernama KUALA LUMPUR Share prices here closed mixed after moving within narrow bands in lethargic trading yesterday. The KLSE Composite Index drifted within a tight range to close at 626.34, up 0.41 of a point from last Thursday. The KLSE was closed on Friday
        Bernama; Source: Bridge Info  -  4,596 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Index closes just short of all-time high
        6591 20  -  By Moiz Tyebally SHARES started the year of the Rooster on a firm note, pushing the Straits Times Industrials Index to just 1.84 points short of its all-time high of 1,607.12 points recorded on March 27, 1990. The closing of 1,605.28 represented a
        Source: Bridge Info  -  6,591 words
      • Article, Illustration
        Lock icon Singapore Bus Service
        76 20  -  HOT STOCK Paul Leo SINGAPORE Bus Service, currently trading at 56.45, is poised to test its all-time high at $6.90 but a correction is imminent. Both the RSI and stochastics on the weekly and daily charts indicated an overbought situation. The correction should not bring the counter
        SOURCE: BRIDGE INFO  -  76 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      40 11 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 Fishing for a reel deal? t i Get hooked on the big bargains you'll find in The Straits j Times Classified! j C.A.T.S. V I 737-***** a 0 O o; |p
      40 words
    • Advertisement
      Page 11 Advertisements Column 2
      268 11 SINGAPORE AIRLINES LIMITED (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATES The undermentioned share certificates have been reported lost, mislaid or destroyed Crtific«t<Numb»r» Wo. of tharts lnth> nam* of A *****09/215 7X1.000 A *****16 1 XlOO *****580/594 15X1.000 *****599/600 2X1,000 *****605 1 Xl,OOO *****607 1 XlOO D *****66/071 6
      268 words
    • Advertisement
      Page 11 Advertisements Column 3
      384 11 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF JEWEL MING PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that the creditor* of the above turned company, which is being voluntarily wound up, are required on or before the 27th day of February
      384 words
Page thumbnail Page 12
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      1046 13 I UiiuU I I |/TM BANK BUMIPUTIiA MALAYSIA BERHAD I H (INCORPORATED IN MALAYSIA HEAD OFFICE KUALA LUMPUR) H (M figures are quoted m mouunds of Maiaywan RinggK) I Balance Sheets As At 31st March 1992 Profit And Loss Accounts For The Year Ended 31st March 1992 I Group Bank
      1,046 words
Page thumbnail Page 14
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      72 15 rrr mm m u- &>* '-v- rV v 1 *t A yg 1 'h -f -TV ■:i>. W Out of the blue he decided to take up swimming. At nine years old, some said he was too old. But Sngju Wei is now proving to he Singapore swimming's latest discovery.
      72 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      139 16 gassss WF offers flp the most F current W»to/job ■F opportunities ALCAN AUSTRALIA LTD USD 175,000,000 Transferable Loan Certificate Facility Agreement Dated 23rd December, 1991 In accordance with clause 14 of the Terms and Conditions of the Transferable Loan Certificates (the "TLC's") notice is hereby given that the rate of
      139 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      50 17 With over 170 million cards honoured at over 10 million establishments, MasterCard puts 1 Is i V VI m. /it the whole world in your hands. And it gives you easy access to cash at 300,000 bank branches '4 YOU'VE GOT THE WHOLE WORLD ATMS WOrldwide. IN YOUR HANDS '*>'
      50 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      73 18 L V j Sparkle to Your Portfolio... Mondial. The source for the acquisition of internationally certified G.I.A., H.R.D. and l.G.I. diamonds, emeralds and other gemstones. Main Showroom: Mondial Promenade 300 Orchard Road 001-06 The Promenade Singapore 0923 Tel: 734 2033/4 Fax: 737 5138 >V The China markets were closed yesterday
      73 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      68 19 INVESTMENT OPPORTUNITIES DON'T ALWAYS START AND END ON THIS PAGE. At Citibank, vou can prosper through a wide range of investments. Local and Asian Dollar Time Deposits. I ntixed I ime Deposits. Foreign C urrencies. Unit Trusts. Margin Trading Accounts and more. Just call our 24-hour CitiPhone Banking toll-free on
      68 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      45 20 R. Add Sparkle to Your Portfolio... Mondial. The source for the acquisition of internationally certified G.1.A., H.R.D. and 1.G.1, diamonds, emeralds and other gemstones. Jt WMONDIAL TtmmmKr Main Showroom: Mondial Promenade 300 Orchard Road 001-06 The Promenade Singapore 0923 Tei 734 2033/4 Fax: 737 5138
      45 words
Page thumbnail Page 21
  • SPORTS
    • Article, Illustration
      Lock icon Seles advances after keen test
      534 21 Australian Open Reuter MELBOURNE World No. 1 Monica Seles had her toughest match at the Australian Open for two years yesterday before finally squashing the challenge of France's unseeded Julie Halard 6-2 6-7 6-0 in the quarter-finals. Seles, who dropped just one set on her
      Reuter  -  534 words
    • Article, Illustration
      Gimson left out of Dubai show match
      366 21  -  Golf By Shahiron Sahari SINGAPORE Samson Gimson. on a special sponsor's invitation to play in the £400,000 (SSI million) Dubai Desert Classic, learnt on the flight there that he had been left out of an exhibition match serving as a prelude to the
      366 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Baseball
        66 21 AP NEW YORK Luis Polonia. Mike Stanton and Dante Bichette agreed to one-year contracts on Monday for big raises, leaving 94 players left in salary arbitration. Polonia and the California Angels agreed to U552.475.000, a raise of U*****.000. while Stanton and the Atlanta Braves agreed to US$B5O,OOO. a raise
        AP  -  66 words
      • Article, Illustration
        Lock icon Cricket
        78 21 AFP ADELAIDE, Australia The West Indies won the Fourth Test by one run the narrowest margin in Test history here yesterday after Australian bowlers Tim May and Justin Langer took their side to the edge of victory in a spectacular 41-run partnership for the 10th wicket. The result squares
        AFP  -  78 words
      • Article, Illustration
        Lock icon Golf
        161 21 Reuter Reuter PALM BEACH GARDENS, Florida US Ryder Cup Team standings leaders as issued by the L'S PGA Monday: 1. John Cook 657.5 points 2. Fred Couples 635.5 3. Davis Love 555 4. Tom Kite 530 5. Paul Azinger 418.417 6. Mark OMeara 406.25 7. Corey Pavin 392.5 8.
        Reuter  -  161 words
      • Article, Illustration
        Lock icon Snooker
        55 21 AFP BANGKOK The Asian Snooker and Billiards Federation has voted to sideline Australia and New Zealand by taking away their voting rights. ABSF president Sindhu Pulsirivong said yesterday. The decision, taken by a circular vote of the 18 member countries, did not bar players from down under from taking
        AFP  -  55 words
      • Article, Illustration
        Lock icon Basketball
        27 21 Reuter NEW YORK NBA results on Monday: Phoenix Suns 121 Detroit Pistons 119; Atlanta Hawks 117 Sacramento Kings 106; Denver Nuggets 102 Minnesota Timberwolves 97 Reuter
        Reuter  -  27 words
      • Article, Illustration
        Lock icon Tennis
        255 21 AP AFP MELBOURNE Former Australian tennis star Rod Laver predicts Pete Sampras will follow in his footsteps and complete a Grand Slam of the game's four major tournaments. Laver said yesterday he expects Sampras to win the Australian Open. AP MELBOURNE Australian Open results yesterday. Women's singles, quarter-final: Steffi
        AP; AFP  -  255 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      312 21 PAN-WEST uHvns A J PAN-WEST Graphite VVood Heads .m 0 BRED IN AMERICA same State-of-the-art and American Milled, Ladies and Master made, Lynx produces the highest puffer (the latter actually quality golf clubs in the industry. re p|j cas G f golf history's The new 3rd generation Parallax most c
      312 words
Page thumbnail Page 22
  • LIFESTYLE
    • Article, Illustration
      Lock icon Hockney: finding joy in seeing
      1469 22  -  Trip Gabriel catches up with artist David Hockney in his beach house getaway Trip Gabriel NYT HAD David Hockney painted a century earlier, he might have moved from dreary northern England to sun-blasted Provence, but instead it was to Los Angeles that he famously migrated
      NYT  -  1,469 words
    • Article, Illustration
      Coming soon: biography of Jimmy Stewart
      307 22 CHATTERBOX A FUNNY THING happened to Jimmy Stewart on his way to a degree in engineering and the public is the better for it. The 85-year-old actor was studying engineering at Princeton "and I flunked maths", he reminisced recently.. Schoolmate Josh Logan suggested a
      307 words
    • Article
      Lock icon Hollywood threatens to lure Sundance film makers
      601 22  -  John Horn on the festival's struggle with its identity John Horn AP LIKE many 15-year-olds, the Sundance Film Festival in Park City, Utah, is struggling with its identity. Actor Robert Redford founded the festival for independent film makers and hopes it will remain
      AP  -  601 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      1224 22 TV RADIO Long Road Home, 10.30pm, Set in an America improver- flLg-m W* -1 IJ ished by the Great Depression, ly >L jHT 'V~, this movie chronicles the Strug- V >4Rp^ gles of the Robertson family as I ;jL f they fend off deprivation and V jUfK /i hopelessness. Starring
      1,224 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      1121 23 Nothing Beats A Bud. where to wine, dine and entertain ORGANISE YOUR OWN KARAOKE! It's your very own Karaoke party! King's Hotel has come up with a Daily Karaoke package for groups of 10-200 people from 12 noon to 5 pm. After your Penang Buffet Lunch, the Ist round of
      1,121 words
    • Advertisement
      Page 23 Advertisements Column 2
      372 23 TASTE THE MANY 'f/W FLAVOURS OF YUNNAN f A I j THIS NEW YEAR. 26 JANUARY 2 FEBRUARY r At The Neptune you con dine on the cuisine of vorious Chinese tribes from if* Soutfi-eoslern port 1 of China in our Lunar New Year JL« JjT Yunnan Food Promotion Lucky
      372 words
Page thumbnail Page 24
  • REGIONAL ANALYSIS
    • Article, Illustration
      Deng's next leap forward
      1431 24  -  Change and Reform in East Asia CATHERINE ONG CATHERINE ONG The writer is BT's Hongkong Correspondent NOT content with playing poor cousins to the prosperous south, China's northern and interior provinces are switching gear in their drive for foreign investments. Latecomers to economic reforms, cities like
      1,431 words
    • Article, Illustration
      When the catalytic states take over
      1994 24  -  The post-Cold War intellectual disintegration of the capitalist camp has led to the rise of Japanese-style capitalism. This is a model for organised capitalism in East Asia, but is it the right one, asks Chalmers Johnson in the second of a two-part series. Chalmers
      1,994 words
    • REGIONAL WHISPERS
      • Article
        Fuelling the way for the MiGs
        95 24 WANT TO buy a sophisticated jetfighter without coming out with too much cash? No problem. If you have vegetable palm oil, and plenty of it, you can trade it for MiG 295. Still not convinced? Ask the Malaysians. This is what Kuala Lumpur is
        95 words
      • Article
        Washington tit-for-tat
        91 24 DISILLUSIONED BY Manila's rejection of a continued American military presence in the Philippines, the United States is scaling down its non-military operations as well in the Asean country. The US consular office in Cebu City was recently closed down and more such moves are to follow. The embassy
        91 words
      • Article
        Boomtime in Bangkok
        95 24 WE HEAR that Thai finance and securities companies have been laughing their way to the bank despite a rather unexciting 1992 for the Thai stock market and the political turmoil in May which sent investors scurrying and the market index to nose-dive. The finance and securities companies,
        95 words
      • Article
        PAL's real pal
        79 24 WHEN THE Manila government sold its 67 per cent equity in the Philippines Airlines (PAL) last year, the move was seen as favouring relatives of then president Corazon Aquino, led by Philippines Long Distance Telephone (PLDT) president Antonio Cojuangco. The word now is that reclusive Filipino-Chinese tycoon
        79 words
    • Article, Illustration
      Racing to match Japan
      1589 25  -  Korea and the Region As one of Asia's catalytic states, Korea is giving a new meaning to capitalism. In this focus on Korea, the first article looks at how Seoul's bid to match Japan is shaping up, while the second looks at the country's contribution to
      1,589 words
    • Article, Illustration
      Tumen: Asia's next economic powerhouse
      1380 25  -  HAK SU KIM HAK SU KIM The writer, a senior research fellow with the Korea Institute for International Economic Policy, is a member of the rumen project planning team and was one of those who visited Singapore. Special to BT QUIETLY, three socialist neighbours sharing
      1,380 words
Page thumbnail Page 25
Page thumbnail Page 26
  • Article
    Clinton's all-too-short honeymoon
    515 26 EDITORIAL BILL Clinton has many promises to keep. After all. the youthful president triumphed in the November election on a platform calling for sweeping change to create a "Reunited States of America". But instituting change is an expensive business, and it has to square with one other
    515 words
  • WHAT THE OTHERS SAY
    • Article
      Time to bring in others?
      418 26 CDP. These letters now mean little to the average Singaporean who is not a stockmarket die-hard. The initials stand for Central Depository Pte Ltd, a whollyowned subsidiary of the Stock Exchange of Singapore, which operates the system enabling share transactions on a book entry or
      418 words
    • Article
      Mahathir could get tough
      137 26 IT IS APPARENT now that little room is left for a compromise on the controversial Constitutional Amendment Bill to remove the legal immunity of Malaysia's hereditary rulers. This means the option for both the Umno-led coalition and the nine royal houses lies in getting the support
      137 words
    • Article
      Doing without the safety nets
      188 26 IN THE LIGHT of Senior Minister Lee's call to venture overseas, we must realise that any people living in difficult circumstances need no encouragement to venture out, as we can see from the immigrant Chinese and refugees who rushed into Hongkong and performed economic miracles.
      188 words
    • Article
      Watershed for sumo
      165 26 AKEBONO will be the first-ever foreigner to rise to the rank of yokozuna in the history of professional sumo wrestling. Though it is epoch-making, it is a case of promotion that has long been expected. The Japanese are liable to take it for granted that foreign athletes
      165 words
  • Article, Illustration
    Hard master takes charge of Old Lady of Threadneedle Street
    778 26  -  From London, Ray Heath reports on the tough job awaiting the new governor of the Bank of England Ray Heath THERE IS something solidly down to earth and British about the name of the new governor of the Bank of
    778 words
  • Page 26 Advertisements
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      99 26 ;i« Ui JT*A TvAe mepcr \<=> uwzdl-y surprising we- hpc VOUe rnpftA PO2FCCTON e>OT TVie Gfcwy IN TWC K«TCHE£I THIS rnoKNi^G vs qoN'T miND me. it sef TVle/bPRNKUE-RS o«T \pp>ppsm y sfv/mo so,* trifle. v v. a' Vupctcrv DOONESBURY GARRY TRUDEAU BARKISY I READ ABOUT I THANKS, SHOULP GET TCh
      99 words
Page thumbnail Page 27
  • ANALYSIS
    • Article
      Lock icon Looking to China for that second economic miracle
      698 27  -  Annie Huang finds the Taiwanese cautiously setting aside political considerations and boosting economic ties with China Annie Huang AP WHEN Taiwan's Nationalist government sanctioned trade with China five years ago, it retained many restrictions to prevent an exodus of capital from the
      AP  -  698 words
    • Article, Illustration
      The haves and have-nots of Hongkong
      1073 27  -  In the light of the Cathay Pacific strike, Philip Bowring reports from Hongkong that the majority of Hongkongers have been denied an equitable share of the colony's higher GDP over the last decade Philip Bowring The writer, a former editor of Far Eastern Economic
      1,073 words
    • Article, Illustration
      Lock icon EC single market a tax nightmare for oil traders
      835 27  -  Ashley Seager discusses the problems oil traders are facing with the new complicated VAT and excise policy Ashley Seager Reuter THE disappearance of internal European Community (EC) borders from the start of this year was supposed to oil the wheels of
      Reuter  -  835 words
Page thumbnail Page 28
  • Article
    UK govt cuts bank base rates by one point to 6pc
    487 28  -  Share prices up following unexpected move From Ray Heath in LONDON IN A move which caught London's financial markets by surprise, the UK government yesterday cut bank base rates by one point to 6 per cent. The cost of
    487 words
  • Article
    Lock icon UN decides to continue trade sanctions against Iraq
    469 28 Reuter UNITED NATIONS The Security Council has decided to continue trade sanctions against Iraq, drawing up a statement saying conditions did not exist to ease or lift the embargo. A review of the council's trade embargo is mandatory every 60 days under
    Reuter  -  469 words
  • Article
    Lock icon Germany, Japan get US backing for Security Council seat
    271 28 UPI Reuter WASHINGTON Germany and Japan should be included in an expanded United Nations Security Council that more accurately reflects postCold War realities. US Secretary of State Warren Christopher said on Monday that in recognition of its expanded mandate, the Security
    UPI; Reuter  -  271 words
  • Article, Illustration
    Lock icon World steps up pressure to end Yugoslav fighting
    434 28 Reuter ZAGREB International pressure to end the fighting in former Yugoslavia was stepped up yesterday and action on the battlefields appeared to ease after a whirlwind Croatian offensive. The United Nations Security Council demanded the withdrawal of Croatian troops which struck last
    Reuter  -  434 words
  • Article
    Lock icon Encouraging signs of US consumer confidence: survey
    380 28 Reuter AP AFP NEW YORK Consumer confidence in the US economy levelled off in January after a big two-month gain, but still showed encouraging signs of optimism about jobs and business conditions, the Conference Board reported yesterday. The business group's wide-ly-followed monthly index
    Reuter; AP; AFP  -  380 words
  • Article, Illustration
    Vietnam's communist party rewriting Marx to survive
    706 28  -  The Bottom Line HARISH MEHTA HARISH MEHTA The writer is BT's Indochina com-vptwJcmjj HE Vietnamese Communist Party (VCP) is quietly cannibalising the doctrines of Marx and Lenin, diI gesting some of their ideas, regurgitating others, and refining or rejecting those that have suddenly
    706 words
  • Article
    Lock icon Japan unlikely to cut interest rates in near future
    322 28 Reuter TOKYO Policy-makcrs have unanimously supported the current level of Japanese interest rates, dampening speculation that the discount rate was about to be cut. At news conferences and in speeches yesterday, economic ministers said they doubted the Bank of Japan (BOJ)
    Reuter  -  322 words
  • Article
    Lock icon Cellular phones don't cause cancer, you hear?
    508 28 Reuter NEW YORK After years of 40 per cent annual growth, the cellular telephone industry is being rocked by a scare linking use of the phones to brain cancer. Cellular industry stocks rebounded on Monday as industry figures heaped scorn on talk that
    Reuter  -  508 words
  • Page 28 Advertisements
Page thumbnail Page 29
  • Shipping Times
    • Article, Illustration
      Firefighters put out Maersk Navigator fire
      390 29  -  Tanker disaster off Sumatra By Ramesh Divyanathan SINGAPORE Firefighters yesterday extinguished a sixday fire that had ravaged a fully-laden supertanker off the northern tip of Sumatra and shifted their attention to oil pollution control. "A foam attack completed at about 1.30 pm was successful.
      390 words
    • Article
      Lock icon Tanker owners urge global oil spill measures
      275 29 Reuter OSLO Measures to avoid oil spills from tankers should be worldwide and not set at a regional or national level, the International Association of Independent Tanker Owners (Intertanko) said. EC environment and transport ministers held an emergency meeting in Brussels after recent
      Reuter  -  275 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1144 29 Page Col ABC Containerlinc 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 ASCL 5 5 ASXCL Shpg 15 2 Austorient Shpg 15 2 Avant Shpg 6 4/5 Avia
      1,144 words
    • Article
      Lock icon EC ministers agree to tighten oil tanker safety
      616 29 AP BRUSSELS, Belgium European Community transport and environment ministers have agreed to work towards tighter safety controls on oil tankers, but they failed to decide how tough restrictions should be. The ministers were working in the wake of recent oil spills that
      AP  -  616 words
    • Article
      Lock icon Tokyo to host conference on Asian oil spills
      455 29 Reuter TOKYO Japan is to host a conference in June to enhance regional cooperation to cope with future oil spills in South-east Asian waters, a transport ministry official said yesterday. The official said that the working-level meeting, which follows a tanker collision
      Reuter  -  455 words
    • Article
      Lock icon US ship row poses dilemma in Turkey
      240 29 Reuter ISTANBUL The liner United States, which set an Atlantic crossing record on her maiden voyage 40 years ago, has sailed into a storm of criticism in Turkey over plans to refurbish her and remove tonnes of asbestos. The project has turned into
      Reuter  -  240 words
    • Article
      Lock icon Divers surveying Braer find no oil left
      155 29 AP LERWICK, Shetland Islands Divers exploring the wreck of the tanker Braer have found nothing left of its 26.4-million-gallon cargo of oil, Shetland Island officials reported on Monday. The Shetland Islands Council said the divers' findings confirmed that "no possibility of pollution from
      AP  -  155 words
    • Article, Illustration
      Lock icon Shippers delighted with Hamburg Rule
      985 30  -  If you ship to Barbados, Chile, Hungary or Romania, check your cargo insurance, advises Elizabeth Canna Elizabeth Canna American Shipper THE hottest topic drawing audiences on the conference and seminar circuit is hardly easy listening: the Hamburg Rules. Long dismissed as something that would never
      American Shipper  -  985 words
    • Article
      DAILY FREIGHTS
      787 30 The Baltic Freight Index for spot dry cargo shipping rates rose to 1,272 on Monday from 1,270 on Jan 22, with the base being Jan 4 1985 equals 1,000. The BFI is based on the sub-indices with rates in dollars per tonne. FIXTURES Tanker: High winds halted berthings
      787 words
    • Article
      WEEKLY FREIGHTS
      306 30 The freight shipping market dropped again last week, with prices at an eight week low, but rallied on rumours that President Bill Clinton will re-start Russia grain trade credit guarantees. According to traders, US officials are hinting that they will allow Russia to re-open credit lines, despite Russia
      306 words
    • Article
      TRANSPORT DIARY
      523 30 COURSES 1993 From Jan 20 (8 evenings): Import/Export and Shipping Procedures organised by ELIM Management Services (SDF 50%). For course details and application forms, please call *****70. February 5 (10 eveinings): Cargo handling and shipping course organised by Computor Lord Industrial Training School Centre (SDF 50%). For application
      523 words
    • Article
      THE SHIPPING GUIDE
      11835 38 1 his 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
      11,835 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        369 45 Vessel Voy Ho Berth Amvd Departot Vessel Voy No Berth Arrival Departure Jurong Port Elona SC264C 26/01* P01A 2601/1100 2601/1900 Dwi Daya 02/93 J1 alongside 2712/2300 Ekwa SC264C 27/01* P01A 2701/1100 2701/1900 Eng Tou 174/B 4 J1 alongside 27 12/0700 Hong-Soon ***** P04 2601/1930 27 01/0630 Mekar
        369 words
      • Article
        MALAYSIAN PORTS
        88 45 Wgf Part Bcrtc I' Jenmn. liac. 2 Nil. 3: Paras Seta. 4 Atom Aran. 5: f«destar,6 Anes (■jrttytfM DC): Kaojawa Din on tan 2fc Sanyang. Capelia, Bestaa Da luy. lai Cang Hoi Dm en lai 27: Sosnogursfc. Ocean EJrte, Rohas foa Stolt Heron, Addrryah Setya Pratama, fto Apa
        88 words
      • Article
        CONTAINER SCHEDULES
        1438 45 DELIVERY OF Fa IMPORT CONTAINERS IN PROGRESS Ship Voy Wo Contain avaiabte Slip Voy No Containers avatoMe Manna Mas 9342NB COO(EST) 26.0193 1500 E Group RW034 25.01.93 0700 Pac Arrow 7A COO(EST) 26.0193 1500 La Sane 27/253 25.01.93 0750 Deia Bhum 26N COO(EST) 26.0193 0700 Arttis Grace 924CS
        1,438 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Boeing expected to announce production rate changes
        426 48 Analysts see US plane maker scaling down output of B-747s Reuter SEATTLE The Boeing Company is expected to comment as early as its 1992 earnings release due yesterday about impending production rate changes which could include a scale-down of its lucrative 747, analysts
        Reuter  -  426 words
      • Article, Illustration
        Lock icon Chiefs of BA, Virgin meet to resolve dispute
        253 48 AP LONDON The chiefs of feuding British Airways (BA) and Virgin Atlantic Airways met face to face on Monday in an effort to resolve a lengthy dispute. Richard Branson, head of Virgin, grinned broadly and slapped BA chief executive Sir Colin Marshall
        AP  -  253 words
      • Article
        Lock icon Qantas chairman dumped ahead of carrier's privatisation
        234 48 Bloomberg Business News SYDNEY The Australian government has ditched Qantas Airways chairman Bill Dix in an unexpectedly early shake-up of the airline board ahead of British Airways assuming its role as key shareholder, the Australian Financial Review reported yesterday. The chief executive officer
        Bloomberg Business News  -  234 words
      • Article
        Lock icon Bankers Trust to advise on NZ Rail sell-off
        229 48 AFP WELLINGTON The New Zealand government yesterday named Bankers Trust to advise it on plans to sell off the stateowned railway system, an official said. State-owned Enterprises Minister Maurice McTigue said in a statement that Bankers Trust would be responsible for making
        AFP  -  229 words
      • Article
        Lock icon Mercedes has no plans to close German plants
        386 48 Reuter STUTTGART MercedesBenz AG, the automotive unit of Daimler-Benz AG, is not planning to close any of its 12 plants in Germany despite the current slowdown in vehicle sales, its management board chairman said. In an interview with Stuttgarter Zeitung, Helmut Werner
        Reuter  -  386 words
      • LOG BOOK
        • Article
          Lock icon Timber vessel in trouble off Japan
          81 48 Bernama YOKOHAMA Part of the cargo of a Panamanian-registered timber carrier sailing off Japan's Pacific coast has broken loose and the ship s master has called for help, the Maritime Safety Agency said yesterday. The 4,541-tonne Ocean Queen I sent out a distress signal
          Bernama  -  81 words
        • Article
          Lock icon US firm wins Karachi shipping deal
          103 48 AFP KARACHI A US firm has won the consulting contract for the proposed privatisation of the Pakistan National Shipping Corporation and subsidiary National Tanker Corporation, officials said last week. Mercer Management Inc's bid for the contract was found to be the "most competitive" by
          AFP  -  103 words
        • Article, Illustration
          Lock icon Smog gets in your eyes
          67 48 Reuter MEXICO CITY During the winter months a thick brown haze the product of 3 million vehicles and 30,000 factories hangs over Mexico City, spewing contaminants in the air. More than a decade since the government first drafted a plan to clean up air pollution
          Reuter  -  67 words
        • Article
          Lock icon Brazil port unions on strike
          86 48 Reuter BRASILIA Brazilian port unions were to announce yesterday whether they will strike to protest a port reform legislation, a union spokesman said. Leaders of port unions met in Brasilia to discuss the strike, which Jornal do Brasil newspaper said would begin at 1500 GMT
          Reuter  -  86 words
        • Article
          Lock icon Indian Airlines strike ends
          78 48 Reuter NEW DELHI Pilots at Indian Airlines, the state-run domestic carrier, have ended a six-week strike for better pay and benefits after obtaining a government pledge to respond quickly to their demands. The decision was reached by the pilots' union late on Sunday, two weeks after
          Reuter  -  78 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1302 48 CKy Fl» ETA CTP SQ227 2230 Awtaa RJ183 2335 AMstarda* GA895 1325 SQ324 2215 KL837 1545 KLS38 2350 SQ323 1735 Auckland NZ21 1705 NZ22 1825 SQ288 2040 Bahrain GF149 0650 Sari Bagawan BI453 1105 SQ182 0930 SQ181 1425 BI430 2125 B>429 2030 Bangkok SQ69 1145 TG402
        1,302 words
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      13 29 LAW PAGE Every Thursday in Business Times Hamburg rule in force, Page 2
      13 words
    • Advertisement
      Page 29 Advertisements Column 2
      37 29 Boeing expected to announce production rate changes,, Back Page Lines snd services represented by I Members ol the Registry of Accredited ftmxmvJ Shipping Apsnts, Singapore National SMpping Association. «9pw] For advertLilne enquiries, contact Shipping Timet Tel 740-*****740-2090.
      37 words
    • Advertisement
      Page 29 Advertisements Column 3
      124 29 FUJI CONTAINER LASHING SYSTEM EQUIPMENT AND FITTINGS WE PLAN, DEVELOP, DESIGN MANUFACTURE CONTAINER LASHING SYSTEM TO CATERTO YOUR NEEDS. FUfcAOTO TWISTIOCK SK-21-H c yKlFU|l TRADING (SINGAPORE) PTE LTD TEL: *****55 FAX: *****43 i r* IB M THE TOTAL TRANSPORTATION W VISA FREIGHT SERVICES PTE LTD fag established in 1984 INTERNATIONAL
      124 words
Page thumbnail Page 30
  • Page 30 Advertisements
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      610 30 TOPArSTIPES (height in metres) HOUR 0000 0100 0200 0300 0400 0600 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1)00 2000 2100 2200 2300 20 25 2.6 26 2 3 1.8 1 3 1.0 04 0.9 12 U 2.4 tt 2J 2.7 U U 12
      610 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      2363 31 mm oocl (S) pte ltd jaroine shipping agencies *l|f \IV IWW BOOKINGS TEL *****34 *****58/ *****40 ■VflßmV IK CFS (PSA F5) TEL: *****21/ *****79 P BflflAfl H PESAKA JARDINE SHIPPING AGENCIES SDN. BHO. j A PORT KELANG TEL: *****18 FAX: *****91 *****88 7T~~7~~~~r~ —TT 0 T~" PENANG TEL: *****4 FAX:
      2,363 words
    • Advertisement
      Page 31 Advertisements Column 2
      2985 31 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 iSuASCI UNITED ARAB SHIPPING CO. (SAG///§ To US East Coast biw a I iw a I I HI M IMIi MWM 20 01 301 VM 7/(3 103 SMTIMUNOtMI 2 02 103 11 03 12/(1 14 03 KHNMAH mum 17/12 24 03 21/(3
      2,985 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      1464 32 AQABA ROAM/ 3 telftn VOY NO S PORE JEDOAH (via JED) S TON H BURG ANT HAVRE HAMBURG EXPRESS 12/103 28/1 13/2 16/2 14/2 L Ml WESTBOU® HANNOVER EXPRESS 12/303 1/2 10/2 16/2 18/2 21/2 23/2 25/2 MRI SUM ft PBMNB THAMES 15/104 4/2 20/2 23/2 21/2 28/2 OMO TOUK/COMTVCNT
      1,464 words
    • Advertisement
      Page 32 Advertisements Column 2
      540 32 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sote Foreign Forwarder in Kabul for aM services C.1.5.-Vootochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam Mongolia Hungary CSFR Poland ocT<§>Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUI-BISSAU-LUANDA-BATA Feeder Vessel AM VILLE DE VENUS 30/01 POL EAST 07/02 VILLE DE LA
      540 words
    • Advertisement
      Page 32 Advertisements Column 3
      1449 32 KSlsmama on REGULAR INDEPENDENT FULL CONTAINER SERVICE IVSL/VOY SIN ALG BCL* HAM BRE# ROT ANT* FEL LHA NORASIA PRINCESS 9248 3 02/02 23/02 24/02 28/02 01/03 02/03 03/03 04/03 05/03 NORASIA SUN 9249-3 09/02 02/03 04/03 07/03 08/03 09/03 10/03 11/03 12/03 NORASIA PEARL 9250 3 19/02 11/03 13/03 15/03
      1,449 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      2062 33 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 tTsr ITS snipping p* lw S TS DUE sajis M I CONTAINER SIRVtCC TO CAMtOOIA MJAH BROOKE Vo3f Muarj. Lab 27-29 lan 21 lan 29 lan KWS MADURA VO2E KH. Skin. Taw
      2,062 words
    • Advertisement
      Page 33 Advertisements Column 2
      2741 33 SINGAPORE AGENT: |JXm J m i\-rif-Q| tlAt*C P&O Containers (Singapore Agencies) Pte Ltd JL VjUllidlllvl 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT VI6SCL *S* iS ALO SOU ANT HOT HAM VESSEL
      2,741 words
    • Advertisement
      Page 33 Advertisements Column 3
      118 33 Accepting LCL and contaiiwriaad cargo** Direct to South Africa S pore Durban P Etiz C Town PuH Container Service VAAL 8764F 2/2 14/2 16/2 18/2 NEDLLOYD COLOMBO 8863F 10/2 22/2 24/2 26/2 OSAKA MARU 8968 F 20/2 4/3 6/3 8/3 HAKATA 9331F 2/3 14/3 16/3 18/3 ORANJE 9008F 11/3 I
      118 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      729 34 I INDONESIA NATIONAL LINE TO EUROPE sewcft W not |STOI MMM, MM Htux I MOO 1 WTWIIf I KUTAI 2Tm I 2121/2 23/3 2t/3 2/4 7/4 pTO AUSfRgBr -1 m FUL&CQWTAINEfi EAST COAST POUTS Wl/<OT PHI STOW SYP MELB I BIBS IFK AOEI AMIO ASM/***** 1/2 3/2 17/2 20/2 14/2
      729 words
    • Advertisement
      Page 34 Advertisements Column 2
      1901 34 I HANJIN SHIPPING FDR VSI SM ILK HAUL SEA VCR FDR VSI SM ILME HAU SAV KM NYC HANJIN CKJU 091E 1/2 H. NEWYORK 047E 2S/2 26/2 HANJM OUI 091E 1/2 11 10NGKACH 041E 11/3 12/3 14/3 HJ. KWANGYANG 098E 8/2 H. CHUNGMU 096E 4/3 5/3 HANJM KNANGYANG 098E 8/2
      1,901 words
    • Advertisement
      Page 34 Advertisements Column 3
      1275 34 d ■iri I m sgp isc m mg rus wi oa net as tyo lax cms mi nyc lw mm km n» wg r® cm na w I I I h i?» \'X ui 9/2 11/2 12/2 11,2 li/2 24/2 ~/J 12/3 IJ/J 23/3 24 3 »/J 2S/1 27/3 4/4
      1,275 words
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      1285 35 II rr 11 PLEASE DIAL 1-800-*****00 (TOLL-FREE) I FOB ALL BOOKINGS (NOL SERVICES) B SINGAPORE CALIFORNIA EXPRESS (SCX) TQ PNW' USA INLAND POINTS TOCALtFORMU.USQULF.UnAMOPOiHTS ATLANTIC VIA Htlß U FEEDER VBL VOY SGP MOTHER VSL VOY SET PLD MIN/ VESSEL VOY SGP LOS OAK VAN CHI DAlvHOl' MPH ATL NYK H
      1,285 words
    • Advertisement
      Page 35 Advertisements Column 2
      460 35 CENTENARY SHIPPING SERVICE WEEKLY FGLL CONTAINER DIRECT SERVICE i SINGAPORE/HO CHI MINH CHY Now providing Container Trucking toVungtau, from Ho Chi Mhh Oty -'V: VESSEL'S NAME VOY. NBR ETA/D SPORE ETA/D HCM CfTY TAN AH AIR DRY DOCKING TAN AH AIR 7SN/S 08 08 FEB 1111 FEB 93 TANAH AIR
      460 words
    • Advertisement
      Page 35 Advertisements Column 3
      1188 35 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 EASTBOWD-OKCHMONG WESTBOUPO—LOACHNC TRAWSHTPED VIA ROTTERDAM
      1,188 words
Page thumbnail Page 36
  • Page 36 Advertisements
    • Advertisement
      Page 36 Advertisements Column 1
      1363 36 K Y W w AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD CR **********0 M) M IWI TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I W% m MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD 1 TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 mmmm KAWASAKI KISEN KAISHA, LTD INDONESIA:
      1,363 words
    • Advertisement
      Page 36 Advertisements Column 2
      715 36 PHILI OniCNT LINGS PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU WXQ MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 28 JAN SYDNEY, MELBOURNE. BRISBANE. FREMANTLE 28 JAN AUCKLAND, WELLINGTON,
      715 words
    • Advertisement
      Page 36 Advertisements Column 3
      402 36 /Wn GOLDEN LINE^N kg gV guan guan shaping (PTE) LTD a IM »jr«r Street OKAPOK 0104 TEL 5343*1 (10 LKS) Fn *****04 (O lb. *****HMMR) 9TRAIT9/PEK9LAM CULT IMTICT S'pore P KHang Penang GOUKN BUt Karachi Du6a< Dammam l/J F«b SOLDO MHO Karachi Dubai 10/12 F* IMS oua Karachi Dubai «/l
      402 words
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Page 37 Advertisements Column 1
      1025 37 (PACIFIC INTERNATIONAL LINES (PTE) LTD 1 I 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I CR NO: **********06 J BwjwwMMwl VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN EQUATOR CRYSTAL 127N 30/1 2/2 6/2 3153 2/2 5/2 1/2 KOTA BINTANG KBTO4N 31/1 3/2 7/2 KOTA INOAH 3161
      1,025 words
    • Advertisement
      Page 37 Advertisements Column 2
      1655 37 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY F|p GUDANG l PENANG PKELANGI OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) 29/1 29/1 30/1 NIHON 3032 2/2 19/2 21/2 22/2 24/2 5/2 5/2 6/2 BENARTY 3042 9/2 26/2 28/2 1/3 3/3 0 12/2 12/2 13/2 ALSIA 3052 16/2
      1,655 words
    • Advertisement
      Page 37 Advertisements Column 3
      315 37 I BSA° TRANSPORTATION MYANMA H FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kit Pen P.Gdf HP A AN VIBSW In ft SU MYOMAYWA VI46W 03/05 Feb PAGAN VI92W 04/05 Feb AVA VI2OW 12/14 Feb 0«/10 Feb MAIAm AGENTS BOUSTEAD SHPWNG AGENCKS KUL TEL 03-*****00 PKL TEL
      315 words
Page thumbnail Page 38
Page thumbnail Page 39
  • Page 39 Advertisements
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Page 40 Advertisements Column 1
      2445 40 Conventional Semi-Container Full Container Liner Services Liner Services TT,.- entrH/ltaits: Wilt** <**»> I"* Be**, Aft* Cm. Cm. ttwn U, BU Ctaiaf CfcM Stow Sa> BM HUM m/U rick Fung Shipping ***<*■>». Costir Shipping He Ltd S_ fr~» U*m c~tr,s+B» sa emunr it* u*a M„y u» 3m. m fm. mm pus*
      2,445 words
Page thumbnail Page 41
  • Page 41 Advertisements
    • Advertisement
      Page 41 Advertisements Column 1
      643 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIM ASSOL/PIRE AUS 30/1 ROTTERDAM 30/1 HAIFA/ASHDOO/ALEXANDRIA 30/1 HAMBURG/BREMEN 30/1 MARSEILLE/FRANCE 30/1 FEUXSTOWE/UK 30/1 BARCELONA/SPAIN 30/1 LEHAVRE/ANTWERP 30/1 GENOA/ITALY 30/1 GOTHENBURG/SCANDINAVIA 30/1 LOS ANGELES/WC/IPI 30/1 SYDNEY/MELBOURNE 30/1 NEW YORK/EC 30/1 FREMANTLE/ADELAIDE 29/1 VANCOUVER 30/1
      643 words
    • Advertisement
      Page 41 Advertisements Column 2
      696 41 g RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOAONG FOB SPORE NETSANET 28WB 31/01 OABESSALAAM. MOMBASA DJIBOUTI ASSAB MASSAWA ANCXNET 29W8 28/03 DARESSALAAM MOMBASA DJIBOUTI
      696 words
    • Advertisement
      Page 41 Advertisements Column 3
      971 41 JAKARTA BANGKOK <raa wr m m |wna \*n mmm mmm KITI BHUM 15S 29/1 2/2 MAHA BHUM jgjj W«d In Pt Sai 31/1 BENJA BHUM SM 30/1 3/2 lARU BHUM SIN Fri 29/1 Won 1/2 MTI BHUM US 5/2 9/2 WANT A BHUM 12tW S«t 30/1 Wxl 3/2 BENJA Btm
      971 words
Page thumbnail Page 42
  • Page 42 Advertisements
    • Advertisement
      Page 42 Advertisements Column 1
      1474 42 groupage I I PE NANG (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 v w x P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 j HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 31/1 1/2 2/2 Hong Kong Ldn/Fl*/Rdm/Ant/LHV 21/1 29/1 30/1 3/2 4/2 5/2 Hong Kong
      1,474 words
    • Advertisement
      Page 42 Advertisements Column 2
      239 42 w BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN AKL LYT SIM PREMIER 22S 3/2 15/2 17/2 4/3 AUST STAR SSS 18/2 2/3 4/3 18/3 FGUARD BAY IS 2S/2 12/3 14/3 2S/3 •WITH OPPORTUNITY TO CAR TOWNSVK.Lt ON OS ABOUT 27/1 FULLY CONTAINERISED SAILINGS DISCHARGING
      239 words
    • Advertisement
      Page 42 Advertisements Column 3
      1019 42 f THONG SOON LINES PTE. LTD.] 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SWGAPORE 0106 TEL: *****88 FAX NO: *****11. *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I CONVENTIONAL/CONTAINER j CONTAIMIft MftVtdS SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL |VOY [S POKE [PEST VESSEL VOY SPORE
      1,019 words
Page thumbnail Page 43
  • Page 43 Advertisements
    • Advertisement
      Page 43 Advertisements Column 1
      820 43 WSV EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE AC CEP TUG BKAKBU.K, SOC CARGOES TO/FROM KOBE YOKOHAMA. NAGOTA, MOM. TOKYO*, MANIA* DAVAO*. fount* f Elton* Vt'.ytMlT It 11 la/11 ill* M tJ ft SMfumin m« 20/27 f* »/»f«» MAMIEftAEII USE IVII ACCEPTING BREAKBU.K FCL SOC CARGOES TO/FROM CHTTAGONG. CAICUTTA AM)
      820 words
    • Advertisement
      Page 43 Advertisements Column 2
      275 43 ClfilOßY NAVlfi/MOM 6BOUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG *AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VI 29/1 4/2 7/2 17/2 GLORY SELATAN VIII 26/1 30/1 10/2 SP PKL HCM HK KAO GLORY SELATAN X 8/2 13/2 19/2 25/2
      275 words
    • Advertisement
      Page 43 Advertisements Column 3
      617 43 PGSL WORLDWIDE PANAMA —GLOBE STEAMERS LINES REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER NO 2 Connecting Feeder to Shantao LIAN BO NO 9 WE HV LEASING CONTRS FOR RENTAL SAILING TO PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO SOUTHERN
      617 words
    • Advertisement
      Page 43 Advertisements Column 4
      393 43 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN ALSO CALUNG PT. ELIZABETH/JOHANNESBURG TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN ALSO ACCEPTING CONTAINERS TO TUTICORIN/ BANGALORE/COCHIN AND NEW DELHI WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED
      393 words
    • Advertisement
      Page 43 Advertisements Column 5
      461 43 SIN FAR EAST 2/2 KEELUNG/KAOHSIUNG 30/1 BANGKOK 30/1 MANILA/CEBU 30/1 JAKARTA/BELAWAN/SURABAYA 1/2 PORT KELANG/PENANG/E. MALAYSIA 1/2 BUSAN 31/1 TOKYO/YOKO/KOBE/NGO/OSA 1/2 HONG KONG Si CHINA 1/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU XIAMEN SHANTOU /SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S|N EUROPE/UK 30/1 LDN/FLX/LVP/SOU 30/1 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romama/Poland/Bulgaria/Czech S!N USA/CANADA
      461 words
Page thumbnail Page 44
  • Page 44 Advertisements
    • Advertisement
      Page 44 Advertisements Column 1
      646 44 HONG KONG/CHINA 22/1 JAKARTA 24/1 BAN6KOK 22/1 MANILA 25/1 BUSAN 25/1 KEELUNG 26/1 TOKYO/KOBE 22/1 KAOSHIUNG 23/1 PORT KELAN6/PENAN6 25/1 COLOMBO 26/1 FELIXSTOWE/HAMBURG 23/1 CHITTA6ONG/MAORAS 25/1 ROTTERDAH/LE HARVE 23/1 BOMBAY/KARACHI 22/1 ANTWERP 23/1 CALCUTTA 27/1 lax/nyc 24/1 sydney/melbourne 28/1 CMT LINER EXPRESS AGENCIES PTE LTD IrSSjB r HOT-LINE *****88 For
      646 words
    • Advertisement
      Page 44 Advertisements Column 2
      530 44 Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 2ND FEBRUARY ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 31 JAN JAKARTA 31 JAN PENANG 1 FEB PORT KELAN6 31 JAN MELBOURNE 28 JAN SYDNEY 28 JAN FREMANTLE 31 JAN BRISBANE 30 JAN HAMBURG 30 JAN FELIXSTOWE 30 JAN GOTHENBURG 30
      530 words
    • Advertisement
      Page 44 Advertisements Column 3
      317 44 This Week's Sailings Singapore I To: ETD ETD "^[axSaSdeS Singapore Singapore ISO 9002 by lrqa EVERY EVERY Bangkok SUN Hamburg SAT QDj EVERY EVERY Manila FRI Ho Chi \linh FRI (sIWj1)I5l EVERY EVERY Colombo TUE Ixis Angeles SUN I 1 'I INTERNATIONAL SEA FREIGHT FORNAROMG Tel: Fax: jam* AM) LOGISTICS
      317 words
    • Advertisement
      Page 44 Advertisements Column 4
      276 44 I H NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOK.YO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHVNEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN ECL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI. SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart Singapore
      276 words
Page thumbnail Page 45
  • Page 45 Advertisements
    • Advertisement
      Page 45 Advertisements Column 1
      1285 45 NEDLLOYD ROUEN VOY 3203 ETA 21/2/93 DIRECT CALL TO NEW PLYMOUTH (NZ). Nedlloyd Lines FFFDfR VESSEL PKG PEN OCEAN VESSEL SK LEH RTM(I) HAM(2) BRV FIX SOU GOT VESSEL fct f*| Sto STwya Auckland Rp(A) NJtymodMA) Ttoani Lytt«lUn(B) (Xn«4n(B) Mphi <hi«|tai(C) TarMfi rRh m Jr« wTI m to/? T/V H/2
      1,285 words
Page thumbnail Page 46
  • Page 46 Advertisements
    • Advertisement
      Page 46 Advertisements Column 1
      665 46 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG PG. LOADING FOR A VESSEL 28/1 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR: A VESSEL 15/02 20/02 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
      665 words
    • Advertisement
      Page 46 Advertisements Column 2
      209 46 J SHHBfc EES FREIGHT SERVICES PTE LTD #01-60 Wallich Building, Wallich Street, Singapore 0207 Tel: *****66 (10 Lines) Fax: *****69/*****44 I"HANJIN JAKARTA" V.132| I "NANTA BHUM" V.126N II'SEVENSEAS BRIDGE" V36EI ETD SIN: 28/1/93 II ETD SIN: 30/1/93 11 ETD SIN: 29/1/93 I ETA DEST: 9/2/93 11 ETA DEST: 2/2/93 11
      209 words
    • Advertisement
      Page 46 Advertisements Column 3
      444 46 CROSSWATER ICAD OfFW »1 St RANGOON ROM) #ot-« 2 RANGOON BULDMG $(0121) WAREHOUSE (CfS): BLR 37 #M-25/K TG PA6AR FREIGHT STATION TEL: *****95 p?mgnsr^—i^^Mß3o7T I PT KELANG/PENANG 1/2 TOKYO/YOKOHAMA 1/2 I BUSAN 1/2 Mll 2/2~ I USA 130/1 pimraiTsTSTsJ^^—^^M3o7l I SYP/MELB I 28/1 ■QjQ2Q3D3H^HHH(22ZIZ I NEW ZEALAND 1/2 I SUVA/LAUTOKA
      444 words
    • Advertisement
      Page 46 Advertisements Column 4
      733 46 Antwerp 307 l Fremantle 31/1 Bangkok 6/2 Bremen 30/1 Sydney 8/2 Busan !/2 Hamburg 30/1 Melbourne 8/2 Hong Kong 1/2 LeHarve 30/1 Kaohsiung 30/1 Felixstowe 1/2 Keelung 29/1 Rotterdam 30/1 Bombay 2/2~~ Jakarta 7/2 Calcutta 28/1 Manila I^2— Chittagong 31/1 Lax Nyc 31/1 !S?« hl 2 5/2 'We travel aii
      733 words
Page thumbnail Page 47
  • Page 47 Advertisements
    • Advertisement
      Page 47 Advertisements Column 1
      1110 47 I HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS VOY IPM 1 PKE PGD I VESSELS VOY IS« I RTM AWT LEH* HAM Bttj fa HMM ADVANCE 02A 26/1 28/1 30/1 H. FRONTER 303* 31/1 19/2 19/2 20/2 21/2 21/2 23/2 MM ADVANCE 03A 2/2 4/2 6/2 H.
      1,110 words
    • Advertisement
      Page 47 Advertisements Column 2
      473 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS nssu w v n km u nu sun a su pt IStU TRADCA 24 M/l 11/1 am MIBN 71 M/l MUM ItfiZE 112 21/1 HIM/1 na u i/i I/I MA ii/I COOK CUUUCU 2) 11/2 OUTBOUND VESSELS LOAPMIC FOR
      473 words
    • Advertisement
      Page 47 Advertisements Column 3
      869 47 EXPORT TO: JEDDAH/UK/CONTINENT I STORE ED S'TON HWJRG RDAM LED Ab« Accqtf* C*n fm HAMBURC EMPRESS 12/183 2S/1 13/2 lt/2 14/2 South*** :toM UK dntoutwi Brfnt md Dut* HAfMOttR ((PRESS 12/303 38/1 J/2 17/2 28/2 22/2 24/2 Rottirtan :to M M««ep AmsttrOan. Oslo HeMu KSUhMrH^^H THAMES IS/ 1M 4/2 2S/2
      869 words
Page thumbnail Page 48
  • Page 48 Advertisements
    • Advertisement
      Page 48 Advertisements Column 1
      25 48 Tomorrow in Business Times NOT SURE WHERE I9PUTY9UR MtNEY? (ict the answer in Peroral Invcttment 6c Hiijihc I'.vcry Saturday in Husanes l imes Business Times
      25 words
    • Advertisement
      Page 48 Advertisements Column 2
      46 48 TECHNOLOGY I Tomorrow in Business Times Hie best Business Class to Europe? Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles ahead of its competitors. Call your travel agent or 733 3377 for more details. We know the world from start to Finnish.
      46 words