The Business Times, 16 March 1993

Total Pages: 48
1 48 The Business Times
  • 14 1 Business Times MITA (P) 552/12/92 Tuesday March 16 1993 H i: KNOW ASIA 75*
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  • 2am LATEST
    • 81 1 AFP WASHINGTON President Bill Clinton has approved a USS300 million (SS492 million) investment by British Airways in USAir, despite objections from the major US airlines. An earlier bid by BA to invest US$750 million in USAir had been blocked by the US authorities under
      AFP  -  81 words
    • 65 1 Reuter GENEVA A North Korean envoy has warned that war could break out "at any moment" with its southern neighbour and confirmed reports that Pyongyang is refusing to grant visas to foreigners. Ri Tchcul, Pyongyang's ambassador at the United Nations, says bullets
      Reuter  -  65 words
  • Article, Illustration
    113 1 Stock market indices Monday Change SIII 1.630.81 -22.07 KLSE Composite 634 81 3.24 Nikkei 18,086.18 48.66 HangSeng 5.854.61 -315.79 SET Index 905.51 -10 75 Jakarta Composite ...311.70 -1.25 CLSA China B 1.504.89 -22 92 Aust All Ord 1,626.4 -35.1 FTSE 100 2,922.4 6.5 Monday Previous llam close Dow
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  • 931 1  -  By Anna Teo SINGAPORE Central Provident Fund members will have wider scope to invest their savings in financial instruments and housing under new rules announced yesterday. Labour Minister Lee Boon Yang outlined in Parliament two investment schemes that would potentially release
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  • 266 1 SINGAPORE CPF members will be allowed to keep the profits and dividends (excluding interest) from their investments under the new CPF basic and enhanced investment schemes. But the Board will deduct any losses from previous investments before any capital gains can
    266 words
  • 519 1  -  From Catherine Ong in HONGKONG DESPITE a record provision for bad debts, HSBC Holdings, the UK parent of Hongkongßank, has reported a 68 per cent jump in net profit. The improvement resulted from robust growth in its Asia-Pacific operations and a turnaround in Britain's
    519 words
  • 539 1  -  From Catherine Ong in HONGKONG CHINESE premier Li Peng yesterday accuscd Britain of a "perfidious" plot to destabilise Hongkong with democratic reforms. In a broadside which helped bring about a 316-point plunge in the Hang Seng index, Mr Li said Britain
    539 words
  • 423 1 Opening of China's National People's Congress AP BEIJING Premier Li Peng offered a blueprint yesterday for accelerating capitalist-style reforms to keep China's economy one of the fastest-growing in the world. But he made clear that the ruling Communist Party has no plans to
    AP  -  423 words
  • Page 1 Advertisements
    • 174 1 hlroducmg the WORLD'S SMALLEST LIGHTEST Gomera NEW NKON AF6OO IB JBSBRs» ■Ml THE WORLD'S RNEST PHOTOGRAPHIC SYSTEM CONTENTS SpwT News 2 9,10.11 Regional News 3.4.5 Financial 12,13 World News 8 Features Marliets Analysis 27 CW>/KLS£. StS 19.20 Edrtonal 26 Regional 17 Sports 21 torM 18 TV/Litestyle 23 Cunencies 13 Regional
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    • 12 1 Property Construction Contractors venturing overseas Pg 25 Financial community enthusiastic, Pg 2
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    • 8 1 Hock Ijock Siew Boosting options trading Pg 9
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  • SINGAPORE NEWS
    • 447 2 THE financial community yesterday welcomed the government's move to relax rules on the use of Central Pro\ident Fund savings for investment. Bankers and brokers said the new guidelines were timely and would do much to underpin the Singapore stock market. They added that the
      447 words
    • IN SHORT
      • 175 2 NATIONAL DEVELOPMENT POTONG PASIR MP Chiam See Tong yesterday asked the government for more details of its offer to convert HDB home-ownership flats to rental flats. He wanted to know the purchase price and rental rates before he went back to his constituents.
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      • 71 2 THE Ministry of National Development says it has always been flexible in implementing the ethnic ratio on HDB estates. Allowances above national proportions arc already given at neighbourhood level, it says. And it has bent the rules on medical or compassionate grounds and in regard
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      • 95 2 OLDER estates would be given a fair chance of being upgraded, the Ministry of National Development said yesterday. It said that as far as possible, prccincts would be upgraded in accordance with age. But in working out the programme, the MND will aim also
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      • 52 2 HEALTH THE Health Ministry denied yesterday that the process of drug registration had resulted in significant increases in the pricc of drugs. The total cost of registration last year was $360,000 a mere 0.2 per cent of total drug sales of $200 million in Singapore
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      • 41 2 THE Ministry of Health said yesterday it has been practice for public and private sector hospitals to share expensive equipment to save on costs. For example, the SGH allows private sector patients to use its radiotherapy equipment.
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    • 707 2 Yesterday in Parliament HOME BUYERS will soon be able to use their CPF funds to service the interest on their housing loans. Labour Minister Lee Boon Yang, who announced the liberalised rules in Parliament yesterday, also indicated that CPF
      707 words
    • 384 2  -  By Sylvia Wong SINGAPORE There will be no massive glut of office and residential property in Singapore over the next fewyears. a leading estate agent said yesterday. Mr Edmund Tie. managing director of Jones Lang Wootton. said office
      384 words
    • eye on the ECONOMY
      • 329 2  -  By Paul Leo GROWTH in money supply, M 2, continued to trail off towards the end of 1992 to a low of just under 9 per cent in December. M 2 comprises currcncy in active circulation and private sector demand deposits known as Ml
        Source: Monetary Authority of S'pore  -  329 words
    • 147 2 TRANSIT Link Pte Ltd plans to introduce new schemes to make the farecard more userfriendly and more useful. One scheme will allow commuters to "top-up" their farecards automatically through a Giro transaction at MRT faregates or validators on board buses whenever the card
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    • 427 2  -  By Schutz Lee THfc new president of the Singapore Chinese Chamber of Commerce and Industry. Kwek Leng Joo. is confident of laying the ground for abolishing the chamber's clan-based election system by September. He said a special Review Committee will soon be
      Picture by Arthur Lee  -  427 words
  • Page 2 Advertisements

  • THE REGION
    • 507 3 Tough competition likely, say analysts Reuter HONGKONG A tourism boom in Vietnam, one of East Asia's last unexplored destinations, is likely to trigger brisk competition between international hotel groups, analysts say. Communist Vietnam, still struggling to recover from the long and
      Reuter  -  507 words
    • 403 3 AFP, AP BANGKOK Prince Norodom Sihanouk yesterday urged ethnic Vietnamese living in Cambodia to leave, saying neither he nor the United Nations had the power to protect them from the anti-Vietnamese feeling raging in the country. The prince's comments were in a statement
      AFP,; AP  -  403 words
    • 245 3 Bernama KUALA LUMPUR Tengku Ibrahim Petra, mentioned as the person qualified to ascend the Kelantan throne, is leaving the issue up to the relevant authorities to take "whatever course of action which may be fair and just". As the subject was first
      Bernama  -  245 words
    • 296 3 Reuter KUALA LUMPUR Malaysia's slate oil company Pctronas has proposed a M 52.9 billion (about SSI.B billion) project to pipe natural gas from the peninsular's northcast and west coasts to the Ma-laysian-Thai border. The project, due for completion in 1996, will form
      Reuter  -  296 words
    • 529 3  -  By Harish Mehta SINGAPORE The United States Embassy in Bangkok has exposed a major loophole in the United Nations ban on log exports from Cambodia. Aceording to a confidential US memo, logs have left the country through unpoliced points along
      529 words
    • ASIA NOTES
      • 63 3 Reuter TOKYO Prime Minister Kiichi Miyazawa will visit the US in mid-April for talks with President Bill Clinton. Chief Cabinet Secretary Yohei Kono announced Mr Miyazawa's brief itinerary at yesterday's regular afternoon news conference, saying Mr Miyazawa will visit Washington on April 15-18 for
        Reuter  -  63 words
      • 82 3 Bernama KUALA LUMPUR There should be a concerted effort among entrepreneurs in Asean countries to turn the region into a common market area, Loy Hean Heong, president and chief executive of MBf Holdings Bhd, said yesterday. "It will only make sense that all businessmen in
        Bernama  -  82 words
      • 103 3 AP MANILA President Fidel Ramos yesterday ordered an investigation into reports that 12 reporters who covered his visit to Tokyo had disappeared and may be trying to work illegally in Japan. Six men and six women from small tabloids and radio stations failed to return with
        AP  -  103 words
      • 62 3 Reuter MANILA The Philippines and Japan have signed a debt rescheduling accord under the Paris Club agreement covering US$l3O million (Ss2l4 million), raising the total amount of debts rescheduled to alx>ut US$9OO million. Officials said yesterday the accord will amend the bilateral pact reached
        Reuter  -  62 words
      • 75 3 Reuter TOKYO Japan's Ministry of Posts and Telecommunications (MPT) will send a group of telecommunications experts to Vietnam on April 10 to hold a seminar about infrastructure development in Japan. An MPT official said the commission will include senior officials of MPTs international department and
        Reuter  -  75 words
      • 91 3 Bernama LABUAN A total of M 530.5 million (about Ssl9 million) is being spent by the federal government on several projects to complement private sector effort to boost tourism in Labuan. The sum includes M 510.3 million for three projects aimed at preserving the island's
        Bernama  -  91 words
      • 88 3 AFP BANGKOK Thai toy makers have admitted that up to 5 per cent of their workforce is child labour, but say a call by an Italian human rights advocate to boycott Thai toys is unlikely to be effective. Importers "usually come to inspect the
        AFP  -  88 words
    • 243 4 AFP BEIJING The Chinese Communist Party, defying the loss of its brethren around the world, added nearly two million new faces last year and now claims more than 52 million members, an official report said yesterday. Applications to join the party rose
      AFP  -  243 words
    • 340 4 Bloomberg Business News TAIPEI A group of nearly 80 Taiwan companies in mainland China's Shenzhen Special Economic Zone will ask authorities to help them beef up security after a spate of violent crimes against Taiwanese there, the Economic Daily A'fMs
      Bloomberg Business News  -  340 words
    • 474 4 Reuter SEOUL The surprise dismissal of Cho Soon as governor of South Korea's central bank signals a shift to growthoriented economic policies from the current platform of stability first, economists said yesterday. "The government is apparently being pressed into boosting the
      Reuter  -  474 words
    • 453 5  -  From Florence Chong in SYDNEY SINGAPOREAN investors have mixed feelings about the Australian Labor Party's victory in Saturday's general election. Depending on the business they are in. their responses range from deep disappointment to quiet relief. "It was shocking," said one investor
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    • 340 5  -  By Sylvia Wong SINGAPORE Sri Lanka could be one of the hottest new destination for property investors, says real estate agent Jones Lang Wootton. The country has the same legal framework and land tenure system as Singapore and offers generous
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    • 543 5 Reuter BOMBAY The devastating bomb attacks here are a blow to India's attempts to attract foreign investment, but businessmen say the damage will not be terminal. "They definitely will have an impact, but it should not affect long-term plans significantly," said Anish
      Reuter  -  543 words
    • 301 5 Reuter TOKYO Japanese corporations that went bankrupt in February left behind debts of 434.77 billion yen (SS6.I billion), down 6.1 per cent from the same month a year earlier, according to a survey by the Tokyo Commerce and industry Research Co. the
      Reuter  -  301 words
  • Page 3 Advertisements
    • 203 3 LATEST NUmmONAL KNOW-HOW SHOWS HOW WE CAN "Lose weight without losing the joy of eating!" PROFESSOR D. J. NAISMITH IN SUPPORT OF HEALTHY LIVING 1 MARIE FRANCE IS SPONSORING THIS VISIT OF PROFESSOR NAJSMfTH. One of Europe's best known writers on nutrition, a researcher on obesity and a professionally acknowledged
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    • 173 3 Phnom Penh and Untac engage in war of words, Pg 7 Ocean Towers 20 Raffles Place A Landmark Address That Commands The Best Names In The Business DREW A NAPIER MORGAN GRENFELL ASIA GROUP STRAITS STEAMSHIP LAND HONGKONG RANK BARING SECURITIES PK WONG A ADVANI (S) PTE LTD TOKYO LEASING
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  • Page 4 Advertisements
    • 2446 4 NANYANG FINANCE LIMITED AND ITS SUBSIDIARY COMPANY BALANCE SHEETS AS AT 30 SEPTEMBER 1992 Ift DEVELOPMENT HOWIES Note 198 1991 190 1991 Extraordnary items are tiose of a matenal nature which are not expected to recur and The amount represents development cod reurred are outside tie normal actvites ot the
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  • Page 5 Advertisements
    • 115 5 Editorial: Keating gets another chance, pg 26 Who beats our business class sleeper seat? QNo one offers you more flights to Scandinavia than SAS. And no one offers you a sleeper seat in business class either. When you fly SAS Euro Class you don t have to pay first class
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  • Page 6 Advertisements
    • 283 6 TRUST CITIBANK TO BRING YOU ALL THE REWARDS OF AWARD -WINNING FUNDS. The fact that everyone is looking to make So, you can enjoy all the rewards. more from their investments is no great surprise. In addition, Business Times has ranked Especially today, when interest rates are not Credit Lyonnais
      283 words

  • REGIONAL FOCUS
    • 1460 7  -  Cambodian economy Reports by Harish Mehta PHNOM PENH A war of words over economic issues has broken out between the United Nations Transitional Authority of Cambodia (Untac) and the Cambodian factions and the last shot, it seems, has yet to be
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    • 382 7 PHNOM PENH Tough competition among international organisations for Cambodia's tiny pool of skilled workers has caused another headache for the poor country wage-push inflation. But Prime Minister Hun Sen's government is not complaining. Rather, it is happy that Untac
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  • Page 7 Advertisements
    • 60 7 e imcwt CHHQk'Jbm A% HB JU^HB f\ fjm KM ffc »f*| |lii > VHHI (Davy C roclselll s threat ijraotlsoini. I CLarl i<e Crockell, willk liis CoacHi KacL.paclt. 1 (coach) AN AMERICAN LEGACY The Backpack. No. 509 Enduring style, made of fine natural leather that becomes more beautiful with time
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  • THE WORLD
    • WORLD WATCH
      • 81 8 Reuter COLOGNE The head of-Germany's employers' association. Klaus Murmann. yesterday said east German unemployment had probably reached its peak. "I assume the labour market in eastern Germany has bottom, unlike in western Germany where it could decline a little further." he told German radio. "Planned
        Reuter  -  81 words
      • 135 8 Reuter LONDON British employers are becoming slightly less pessimistic about the outlook for jobs, a report by Manpower on the prospects for the second quarter of 1993 published yesterday said. The survey found that 17 per cent of almost 2,000 companies surveyed forecast job increases
        Reuter  -  135 words
      • 36 8 Reuter BOULOGNE, France Two French fishermen throwing out fish imported by lorries from Denmark yesterday. They were protesting against the low prices their catch fetch these days because of cheap imports. Reuter
        Reuter  -  36 words
      • 93 8 Reuter TOKYO The present upheavals in Russia are delaying hundreds of millions of dollars in Japanese steel pipe exports, officials here said yesterday. "Japan cannot ship US$3OO million (***** million) worth of steel pipes to Russia as the first instalment of a US$7OO million pipe
        Reuter  -  93 words
      • 85 8 Reuter DUBLIN One in five Irish workers has no job and the country is looking afresh at the problem now that the traditional safety valve of emigration has been closed. In 15 years, the Irish unemployment rate has tripled to become one of the worst
        Reuter  -  85 words
      • 111 8 Reuter NEW YORK The precarious existence of The New York Post grew more precarious on Sunday as its latest editor quit in a confrontation with the newest buyer. The newsroom fell into chaos, yesterday morning's edition was jeopardised and unions and top managers joined together
        Reuter  -  111 words
      • 76 8 AP MANAMA, Bahrain Saudi Arabia yesterday announced a new oil find in its northern regions, saying it was the first in the northern parts of its Red Sea coastline. Saudi Oil Minister Hisham Nazer said the state-owned Saudi Aramco discovered a new "oil, gas
        AP  -  76 words
      • 68 8 AP MOSCOW Thai Crown Princess Maha Chakri Sirindhorn met Russian President Boris Yeltsin's chief rival yesterday, the Itar-Tass news agency said. The report said Parliament Speaker Ruslan Khasbulatov told the princess he expected Russia to overcome its current difficulties. Russia has been battered by economic
        AP  -  68 words
      • 110 8 Reuter MOSCOW Russia is imposing new taxes on imported goods, the press office of President Boris Yeltsin said in a statement yesterday. It was not immediately clear which goods would be taxed and at what rate. The head of Mr Yeltsin's press service said the new
        Reuter  -  110 words
    • 491 8 White House set to face battle after Bill passes through House this week Reuter WASHINGTON The US House should easily pass a budget Bill this week setting the outlines of President Bill Clinton's broad economic programme, but the White House may have to use persuasion
      Reuter  -  491 words
    • 405 8 IHT WASHINGTON Federal research laboratories will help the US textile industry develop everything from new computer systems to new fibres under a technology transfer agreement that government and industry officials are planning to sign this week. Officials at the US
      IHT  -  405 words
    • 216 8 Reuter RABAT Morocco wants to hitch its wagon to the European Community locomotive, apparently convinced that the proposed economic integration of North Africa will not solve its problems. Moroccan officials admit the Arab Maghreb Union, set up in 1989 by Algeria, Libya, Mauritania,
      Reuter  -  216 words
    • 310 8 AP TOKYO Japanese officials yesterday retreated from industry allegations that US semiconductor makers have cancelled millions of dollars of orders from Japanese firms, thereby reducing the foreign share of Japan's chip market. The charges denied by US semiconductor makers were made in
      AP  -  310 words
    • 257 8 Reuter MEXICO CITY Mexico's current account deficit of more than USS2O billion (Ss32 billion) indicates that the country's industry is transforming itself to become more competitive internationally, according to President Carlos Salinas de Gortari. The current account balance is the broadest
      Reuter  -  257 words
    • 49 8 Reuter BUCHAREST A mass of bodies pressing against the Argentinian cmbass> building yesterday as people jostle for immigrant visas. Almost a quarter of a million Romanians have emigrated since exit curbs were removed in December 1989 following the revolution that ousted the Ceaucescu regime. Reuter
      Reuter  -  49 words
    • 582 8 AP NEW YORK Blizzard victims were found dead in snowdrifts as the East Coast struggled to dig out and get to work yesterday. The storm claimed at least 112 lives and left dozens of youngsters missing while on a
      AP  -  582 words
  • Page 8 Advertisements
    • 174 8 mm National University of Ireland Dublin 1908 Bachelor of Financial Services 3rd Intake May 1993 Correspondence Study Structure Contents (New) The BFS Advantages 12 modules presented over 18 months as follows Directed progress, as opposed to the traditional Accounting Finance independent correspondence mode Monetary Economics Policy 2 subjects every three
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  • COMPANIES & MARKETS
    • 441 9  -  By Harish Mehta SINGAPORE Carnaud Metalbox Asia Ltd plans to spend US$45 million (Ss74 million) building a beverage can plant near Ho Chi Minh City in a joint-venture with major Vietnamese brewer Saigon Brewery. Singapore-listed Carnaud yesterday signed a Memorandum of Understanding with
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    • 311 9  -  By Hong Lee Tiam SINGAPORE Entrepreneur Ong Beng Seng has teamed up with a Florida company backed by several Hollywood megastars to start a chain of restaurants in the Asia-Pacific. Under the terms of a US$lO million (5516.4 million) franchise agreement signed
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    • 285 9 SINGAPORE Sembawang Leasing, a subsidiary of listed Sembawang Shipyard, has comanaged a U5526.15 million (Ss43 million) syndicated loan for PT Dharmala Intiland, the property arm of the giant Dharmala Group of Indonesia. Managing director Tan Kok Hiang said yesterday that this was the
      285 words
    • 216 9 SINGAPORE SAL Industrial Leasing, the finance subsidiary of Singapore Technologies Industrial, intends to pay a dividend for the first time in its 11-year history. The proposal, for an 8 per cent dividend, comes after a 9.2 per cent increase in profit from
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    • 635 9  -  HOCK LOCK SIEW By R Sivanithy,Paul Leo SINGAPORE "My clients asked about options trading, but I told them to forget it," said a broker. Such a comment is typical of the attitude of many investment professionals here towards the recently
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    • 410 9  -  By Dexter Lee SINGAPORE The tie-up between the Scmbawang Group and the Bechtcl Group of the US could take off with a bang this year if negotiations for a power plant contract in China come through. The contract, worth hundreds of millions of
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    • 300 9 Bernama KUALA LUMPUR Malayan United Industries Bhd will seek new investment opportunities overseas with a view to increasing the group's international business ventures and to diversify and enhance the group's earnings base, says chairman Khoo Kay Peng. He said in the company's
      Bernama  -  300 words
    • Article, Illustration
      351 9 Performance of STII's index stocks Mar 15 Last Sease la*t Slock Ml (h« factor i no«rn (S) <*> Avimo 1 890 1 60 CJkC 6 750 -0.250 5.73 15 67 Ccrcbos 5 300 0 100 4 50 -627 FAN II 900 -0 300 10 10 18 81 OF Asia
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    • COMPANIES
      • COMPANY BRIEFS
        • 90 10 Knight Ridder BEIJING The China Securities Regulatory Commission is drafting new rules aimed at making B-shares. sold only to foreign investors on the Chinese market, more attractive, China Daily's Business Weekly said. The new rules governing issuing and trading ot B-shares will require companies going
          Knight Ridder  -  90 words
        • 93 10 Bloomberg Business News HONGKONG Hongkong restaurant group City Chiu Chow (Holdings) said in a statement yesterday that it has signed agreements to set up restaurants and other businesses in Vietnam and China. The group, which is operator of Hongkong's largest Chiu Chow restaurant chain, will
          Bloomberg Business News  -  93 words
        • 73 10 AFP TOKYO Japan's Mitsubishi Electric Corp is discussing with US computer maker Digital Equipment Corp (DEC) on a tie-up in the field of microprocessors, a company spokesman said yesterday. The spokesman did not disclose the details of the discussion, refusing to confirm a Nihon Keizai
          AFP  -  73 words
        • 101 10 AFP HONGKONG Swire Pacific Ltd has become the controlling shareholder of UK-based insurance broker Fraser Group, doubling its stake to 80 per cent, Swire said in a statement yesterday. The Hongkong-based conglomerate said the British company would be called Swire Fraser Group. A Swire
          AFP  -  101 words
        • 94 10 Reuter TOKYO Construction company Kumagai Gumi Co Ltd expects its orders abroad in the year to March 31, 1994, to reach 50 billion or 60 billion yen versus an estimated 20 billion in 1992/93, a company spokesman said. The expected sharp rise is mainly
          Reuter  -  94 words
        • 62 10 Reuter TAIPEI Major Taiwanese computer maker Mitac International Corp said it would merge its US units in order to strengthen operations in the United States. Compac Electronics Inc, American Mitac Corp, Mitac Research Corp and Microelectronics Inc will be merged under Compac's name. The merger
          Reuter  -  62 words
      • 442 10  -  From Al Labita in MANILA PHILIPPINE President Fidel Ramos yesterday denied reports that he wanted PR Holdings, the holding firm of Philippine Airlines, to "collapse" to get rid of new majority owner Lucio Tan. "It is not for the government
        442 words
      • 246 10 Bloomberg Business News HONGKONG Luxury hotel and real estate group Hongkong and Shanghai Hotels said its net profit climbed 19 per cent in 1992, helped by a recovery in the hotel industry worldwide. The group said its profit after tax and minority interests,
        Bloomberg Business News  -  246 words
      • 464 10 UNIT TRUSTS FUNDS I Mar 16 ft, riiiocntiM Singapore Unit Trust PmLink Mgd Fund 1.07 1.13 The Commerce The Savings Fund 1.27 108 1.33 1 I3*d MARA-Bwniputra First B'putra Second B'putra Third B'putra Fourth B'putra Fifth B'putra 1.59 1 64 1 6Ud 552 7.37 349 S pore Prog Fund S
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      • 240 10 Knight Ridder. Reuter BANGKOK The Securities and Exchange Commission (SEC) said it does not have any plans to charge anyone with share price manipulation, in denial of a series of rumours that moved the stock market last Friday. "Up until Friday,
        Knight Ridder.; Reuter  -  240 words
      • 492 10 Payment <%) Ex date Books dose date Avimo 20* BAT 21* Betjaya Group Berjaya Ind Beqava Leisure Bou stead 50* Cons Plant 50* CDL (2000) DBS DMIB Bhd 50* PELS 50* G Securities GF Asia 50* Jurong Ship 50* keppel Corp Keppel Fin 50* KIE 50KL kepong M
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      • 456 11 FT LONDON Dr Ernest Mario, chicf executive and deputy chairman of Glaxo Holdings, Europe's biggest pharmaceutical group, has been ousted as part of a boardroom reshuffle last week. Sir Paul Girolami, chairman, said Dr Mario had not been removed for any single reason.
        FT  -  456 words
      • 312 11 Reuter LONDON Former British Petroleum chairman and chief executive Robert Horton received a £1.5 million (about 553.6 million) pay-off as compensation for being ousted in a boardroom bust-up last year, according to the oil group's annual report. He was paid £780,000 for loss
        Reuter  -  312 words
      • 320 11 Reuter TORONTO Bramalea Ltd said first-quarter asset sales totalled Cs6B million (about SS9O million) and a further C 5265 million of properties were under contract to close this year. The company added that the sale of its 50 per cent interest in
        Reuter  -  320 words
      • 432 11 They say it could obscure a company's profit potential Bloomberg Business News NEW YORK A new accounting rule on income taxes could obscure a company's potential to generate earnings, possibly misleading stock pickers, accounting professionals warn. The rule allows a
        Bloomberg Business News  -  432 words
      • 404 11 NYT SAN FRANCISCO Continuing its recovery. National Semiconductor Corp reported over the weekend that earnings for its third quarter were up 85 per cent from a year ago, at the high end of Wall Street estimates. The Santa Clara. Californiabased chip maker
        NYT  -  404 words
    • FINANCE
      • 430 12  -  From Leslie Lopez in KUALA LUMPUR AFTER a sharp acceleration in 1991. Malaysia's insurance sector posted more moderate growth last year due to slower growth in the domestic economy. According to the latest report of the Director-General of Insurance, Jaffar Hussein,
        430 words
      • 41 12 Reuter SYDNEY Dealers at the Sydney Futures Exchange reacting to screen information during morning trading yesterday, in the wake of Australia's general election won by the tabor Party for a record fifth term. Renter
        Reuter  -  41 words
      • 265 12 Reuter SYDNEY Westpac Banking Corp yesterday said it plans to cut 2,000 jobs in its retail banking operations, most within the next three months. The bank said the restructuring of its retail operations would reduce costs by about Aslso million (S$ 174 million)
        Reuter  -  265 words
      • 325 12  -  By Paul Leo SINGAPORE The Singapore branch of Dutch bank ABN-Amro is the biggest contributor in the region to its bottomline earnings in 1992, regional manager Hanno Riedlin said yesterday. The largest bank in the Netherlands a result of the merger between
        325 words
      • SMALL CHANGE
        • 67 12 SINGAPORE The Singapore Insurance Brokers Association yesterday launched its own newsletter. Victor Adam, the first editor of the newsletter. The Brokers' Line, said the bulletin is aimed at boosting the dialogue within the broking fraternity and between brokers and insurance companies. It also hopes to enhance
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        • 121 12 AFP TOKYO The Bank of Japan said yesterday it had reprimanded five senior officials, including two board members, for the suspected leak of a confidential report on the corporate strategy of Mitsubishi Bank Ltd. The central bank said it would cut the salaries
          AFP  -  121 words
        • 77 12 Bloomberg Business News NEW YORK Primerica Corp will need to beef up the investment banking operations of its Smith Barney, Harris Upham Co unit because it is acquiring 8.500 brokers in its acquisition of Shearson Lehman Brothers, according to a highranking Smith Barney official.
          Bloomberg Business News  -  77 words
        • 104 12 Bloomberg Business News WASHINGTON The 81 thrifts operating in Resolution Trust Corp conservatorship lost US$l.5 billion (552.5 billion) in the fourth quarter of 1992. a USS6BS million increase from the previous quarter. About USSI.2 billion of the fourth-quarter loss reflected non-cash charges to
          Bloomberg Business News  -  104 words
      • 382 12 Bernama KUALA LUMPUR The Institute of South-east Asian Business (Asean institute) still wants to set up an Asean commercial bank, which it believes can boost intra-Asean trade. Asean Institute executive director Ranjit Gill said here yesterday that the organisation was looking for a
        Bernama  -  382 words
    • FINANCE & COMMODITIES
      • 282 13 ENERGY REPORT LONDON Oil prices failed to keep up a rally yesterday after the worst US winter storm of the century. The market generally was weighed down by a glut of crude from the Middle East and by scepticism on
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      • 138 13 THE weekend announeement of the German solidarity pact enhanced the chances of a German rate cut coming at this Thursday's Bundesbank council meeting, and caused a gap up in the US dollar on opening yesterday morning. The dollar, however, was unable to extend its gains
        138 words
      • 192 13 AFP LONDON The signing of a solidarity pact between the federal and local governments in Germany at the weekend sent the dollar higher yesterday. The dollar was being traded at 1.6675 German marks in London against 1.6645 at the close in New York on Friday. The signing of the
        AFP  -  192 words
      • 84 13 AFP NEW YORK The dollar began the week mixed in New York yesterday, trading in narrow margins in quiet trading as investors showed caution ahead of Thursday's fortnightly meeting of the German Bundesbank. Trading got under way normally in the wake of a sever storm which virtually paralysed
        AFP  -  84 words
      • Article, Illustration
        1585 13 I radettifhlnl injr\ iukuia:nJ titainsi S'pirr i lap 14 trading partner* Base yiiir 198* US$/S$ forward rates Noon Mar 15 s$ Bid Offer 1-month ***** 1 6449 2-month 1 6417 ***** 3-month ***** ***** 6-month 1.6370 1 6390 Source: OCBC FOREIGN CURRENCY NOTE RATES As at lOan yesterday. Singapore dollars
        1,585 words
    • COMMODITIES & FUTURES
      • 1449 16 SIMEX WEEKLY ROUNDUP Reuter SINGAPORE Simex Euroyen interest rate futures spiked downwards late in the afternoon and*-closed weaker, pressured by a spate of late speculative sales. "There was a spate of sellingHTter the Tokyo close, largely from out of London." said a Japanese commission
        Reuter  -  1,449 words
      • 997 16 COMMODITIES REPORT Tin TIN PRICE eased five sen to close at MS 14.54 per kg on the Kuala Lumpur Tin Market following poor buying support. Dealers said the price failed to take its cue from the firmer London Metal Exchange
        997 words
      • 1780 16 Rubber Mar 15 MS Commodity Exchange (futures closing as at 1pm) MS (physical prices) RSS 1 Contract (S cents/kg) m —A <i Buyers Sellers Close Volume Open As at 12 noon lo cents/Kg) Month High Low Sett (tonnes) Interest RSS 2 Apr 93 136 25 I37.25N Feb 93
        1,780 words
    • REGIONAL STOCK MARKETS
      • 998 17 -35.1 THE share market closed sharply down but off its early lows in reaction to Labor's election win and big falls on overseas markets. The All Ordinaries Index ended 35.1 weaker at 1,626.4. The All Industrials fell 57.5 to 2,560.3 while the All Resources dropped 18.7 to 911.0. Turnover
        998 words
      • 571 17 -23.03 Share prices fell in response to a slide in the price of phone giant and market leader Philippine Long Distance Telephone Co (PLDT) on Wall Street. The Composite Index declined 23.03 points to end at 1,471.65. PLDT fell l'/» to 35% in New York on Friday. "PLDT set
        571 words
      • 567 17 +93.16 Stocks ended higher across the board but trading interest was weaker than in previous days as turnover fell. The Weighted Index closed 93.16 points up at 4,507.00. Turnover shrank to NT544.88 billion from Saturday's NT549.29 billion. Early buying in textiles, sparked by a media report saying firms received
        567 words
      • 84 17 +64.68 Buying by financial institutions helped push up prices. The stock exchange reopened for business after a bomb attack devastated the basement of the 28-storey building on Friday. The BSE Index opened at 2,377 points, against Thursday's close of 2,330.09, and moved higher to end at 2,394.77. The National
        84 words
      • 361 17 10.89 The stock market closed higher, prompted by renewed hopes the government may set aside an announcement which would phase out widespread clandestine trading. The Economic Daily said the government would exclude the outlawing of false name accounts, expected in an outline of planned marketboosting measures to be released
        361 words
      • 308 17 -21.58 Shares closed lower after Labor's surprise win in the Australian election on Saturday. The NZSE-40 Capital Index ended marginally off its lows at 1,567.04 points, down 21.58. Investors treated dual-listed stocks harshly but Goodman Fielder, with the bulk of its operations in Australia, bore the brunt by
        308 words
    • WORLD STOCK MARKETS
      • 619 17 Vienna Mar 15 Wh ML* HoMm* IU» I Bjnk \itslrulPl Mf> 1 E Mlgrm IP) 2» lw#nnrt IMM Irn/inj IH uixh Lobn ro Ih-Jru Huu M"4 I Scmpci H 121 uiKh I** I r ,wh tl :w I Source: Z-Lan Bank Austria Nasdaq Mar 12 ISS J.>lph «if> Rnr» in*
        619 words
      • 768 17 +6.5 Share prices ended steady to firmer yesterday as operators cautiously awaited the UK government budget statement, due late today. "It's quiet and will remain so until late Tuesday or Wednesday as we digest the budget," one trader said. The FTSE 100 index closed up 6.5 points at 2,922.4,
        768 words
      • 83 17 +20.73 Shares ended higher with the CAC-40 Share Index up 20.73, or 1.05 per cent, at 1,985.91. Paris Mar 12 Fr Aii l hjuhJc ''5 00 -*00 Akael \nsihom ***** 00 nfUlMil 376 20 -4 K) Gale De Banque 113)00 UjV «»■*> Michel in l»: 60 -I JO Nolle
        83 words
      • 117 17 -0.25 pc Shares closed lower yesterday after a morning of swinging back and forth in pace with the lastest political news and moves in debt market yields. The OMX-index. which carries a futures contract, shed 0.30 per cent to 788.71 while the blue chip dominated top-16 index sank 0.22
        117 words
      • 255 17 -4.57 The German share market failed to take on any clear direction and prices ended slightly lower yesterday with further sideways trading predicted for at least the next few days. The market won some support from a weekend agreement in Bonn on measures aimed at financing German unification. The
        255 words
      • 161 17 -1.32 pc Shares ended the last day of the March trading account on a nervous note with focus on an Olivetti rights issue and the STET/BCI operation announced over the weekend. Olivetti announced a capital increase of up to 903 billion lire after its shares, along with those of
        161 words
      • 259 17 +3.12 Share prices resumed their climb yesterday, which was disturbed on Friday by Russian political uncertainty, to close up one per cent on hopes for a cut in German interest rates, traders said. The EOF Index of leading shares closed up 3.12 at 316.78 points, having lost 5.2 points
        259 words
      • 281 17 +29.8 Swiss shares closed firmer near day's highs, led up by strong chemicals and Nestle. Dealers described the move as a technical reaction to Friday's drop, caused by political uncertainty in Russia. "With political factors weighing less, investors returned to buy Nestle and chemicals, which had already been rediscovered
        281 words
      • 318 17 Gold shares continued around their earlier highs as the dollar gold price remained firm, but industrials drifted lower amid conflicting signals. Dealers said derivative close-outs, which were expected to take shares higher, were balancing with poor sentiment from nervous world exchanges and Wednesday's Budget. "The market is not sure
        318 words
      • 245 17 -0.91 Stocks were virtually flat in lacklustre early dealings yesterday as Canadian spring school break lethargy squelched last week's volatility, traders said. "It looks like a March break kind of day," said Ben Joyce, equity investment analyst at Burns Fry Ltd. "In Canada, you are at about half-staff." he
        245 words
      • 739 17 +2.41 Prices on Wall Street edged up yesterday, rebounding after last week's 50-point plunge. At about ll:(K)am (16(H) GMT), the Dow Jones Index of 30 leading industrials was up 2.41 points at 3.430.23. Some 64 million shares changed hands. Traders said the solid performance on foreign share markets
        739 words
      • 159 17 +0.19pc Shares ended slightly firmer in cautious, moderately active trade yesterday, underpinned by hopes Germany might cut its interest rates on Thursday, dealers said. The Bel-20 Index of leading shares closed 0.19 per cent firmer at 1,242.58 points with around 920 million francs worth of Belgian shares traded. "It's
        159 words
    • Article, Illustration
      3090 18 Reuter SHARE PRICES closed sharply lower, hut the blue-chip Hang Seng index held above the important 5.800 support level despite renewed Sin-o-UK. friction, brokers said. The index finished at 5.854.61 points, down 315.79 points, or 5.12 per cent, but up from a dav's low of 5.792.18. "I think that
      Reuter; Source: Bridge Info  -  3,090 words
    • Article, Illustration
      456 18 OFFICIALS in Shenzhen continued their blitz on unauthorised margin trading of A shares, which triggered a series of sell orders. China Bicycles' and Dasheng's A, which fell over 8 per cent, were the biggest losers. The CLSA Shenzhen A Index closed 174.31 points lower at 3.015.50. The foreign share
      456 words
    • Article, Illustration
      2523 18 Reuter STOCKS ended a touch higher, with the Nikkei gaining for the seventh consecutive day. Brokers said profit-taking after the recent rally capped the topside, but investors' expectations thai the government will bring more economic stimulative measures soon underpinned the downside. "The market is firm and is facing only
      Reuter; Source: Bridge Info  -  2,523 words
    • Article, Illustration
      1790 18 Reuter STOCKS traded lower in the afternoon and finished with major banks and property firms dropping substantially'. The SET Index lost 10.75 points to close at 905.51 on turnover of 4.17 billion baht. "When investors saw that the index could not break the 920 level, they started to think
      Reuter; Source: Bridge Info  -  1,790 words
    • Article, Illustration
      897 18 Reuter HECTIC trading in Hongkong stocks and a plunge in the Hang Seng index took most eyes off the Jakarta share market. "Foreign investors had no time to watch developments here because they were occupied with the Hongkong market." one broker said after the market closed. The Official Index
      Reuter; Source: Bridge Info  -  897 words
    • 2597 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Multi-Purpose 4.451.000 Sn 4,4JBj000 Mclropk* MV 3.482.000 RcnongHhd MV J, 103.000 Berjaya (iraup 2.622.000 Tongkah Hldgs J 400.000 Ind Oxygen MX 1 2.171.000 Promct 1.101 000 kamunline MX' I.KM.000 MM MX. 1.836.000 IdmHsdMV I.$86,000 Kxh Rcsourcci ..1.556.000 tahcr Group
      Source: Bridge Info  -  2,597 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5087 19 Bernama WIDESPREAD profit-taking pushed share prices to a lower close in fainy active trading yesterday. Dealers said investors began to reap profit since early trade from various situational and second liner stocks which had attracted strong buying interest last week. The KLSE Composite Index dipped
        Bernama; Source: Bridge Info  -  5,087 words
    • STOCK EXCHANGE OF SINGAPORE
      • 7061 20  -  By Quak Hiang Whai SINGAPORE Share prices slipped across the board yesterday as political jitters and weak market sentiment abroad overshadowed news that the CPF board would ease investment rules further. While political developments in Russia have cast a shadow over Wall Street, worsening
        Source: Bridge Info  -  7,061 words
      • 63 20  -  Paul Leo BUY Times Publishing Ltd at $4.18 as it is heading towards 54.45. Resistance is at 54.26 and. above that, at $4.88. Support is at 54.08. However, investors should take profit at $4.45. The RSI is above 75 and heading up. which means the stock is fast
        SOURCE: BRIDGE INFO  -  63 words
  • Page 9 Advertisements
    • 326 9 SHARP Equip yourselff# resolution, VGA emulation, 64 grey scales) Windows 3.1 and MS-DOS 5.0 pre-installed Wr Under 2.7 kg (6 lbs) including battery PC-6891 Colour Notebook PC-6781A Notebook computer I qmado B Supef colour notebook using TFT active matrix 25 MHz i 386 SI 32-bit CPU fl 84* colour ICO
      326 words

  • Page 10 Advertisements
    • 132 10 I WE TRAIN Our people r TO LOOK J AFTER THE Smallest Client. At Kinderworld Educare Centre, we've courses for our teachers. Our commitment, always prided ourselves on being childcare backed by the fact that we spent 13.5% of professionals, not just babysitters. That the total payroll on training, bagged
      132 words

  • Page 11 Advertisements
    • 1502 11 fl~3fl FRASER AND NEAVE, LMTED ftflLJI (Incorporated in Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE is hereby given thai an Extraordinary General Meeting of the stockholders of the Company will be held at Level 2 Alexandra Point, 438 Alexandra Road, Singapore 0511 on 1 April 1993 at 10.30 a.m. for
      1,502 words

  • Page 12 Advertisements
    • 88 12 V J With non-stop flights everyday to Sydney, Melbourne and Brisbane, there's only one catch. Catch a Qantas flight, of course. Everyday we leave Singapore after dinner so you can sleep through the night and arrive fresh and bright first thing in the morning in Sydney, Melbourne or Brisbane. No
      88 words

  • Page 13 Advertisements
    • 196 13 I This announcement appears as a matter of record only I WTSSWT/// I TECH SEMICONDUCTOR SINGAPORE PTE LTD I I U*****,000,000 I I PROJECT FINANCE FACILITIES I I Co-ordinated by I I Citicorp International Limited I I Citicorp Investment Bank (Singapore) Limited I I Nationsßank I I Co-Arrangers I I
      196 words

  • Page 14 Advertisements
    • 239 14 Windows creates the potential for true vision. More and more people are getting more Windows 3.1 supports object linking and certainly available. and more out of their computers by using the embedding. That means that you can make As operating systems such as Windows revolutionary Microsoft Windows operating compound documents
      239 words

  • Page 15 Advertisements
    • 331 15 Multisync makes the most of the view. Consider how Multisync came into being, monitors gives you a clearer, larger and revolution. Its makers recognized a fundamental shift in brighter active display with less distortion. Its Any user will also be happy to know that the industry. And therefore built a
      331 words

  • Page 16 Advertisements
    • 139 16 says it all. You were away two weeks. Fishing trout in Mew Zealand. Or fishing some contracts in Tokyo. Mow you're back. And you've some catthing up to do. You want to know what happened while you were away. You could read every past issue of The Straits Times. Or
      139 words
    • 20 16 As and when the latest I »ndon/Rotterdam prices are not available, the proious trading day's closing figures are carried instead
      20 words


  • Page 18 Advertisements
    • 70 18 YOUR MONEY IN A BOX. IT'S MORE RELIABLE THAN SHARES. tradition, they perioral beautifully every <lay few yean on AND MORE PLEASING end (unlike many »hare« we couLl mention). TUC C ir)C For an investment opportunity worth listening to, come I\J Inc tAKd• I r .*l*4 il: sr music HE
      70 words


  • Page 20 Advertisements
    • 85 20 Since 1735 there has 9 S NEVER BEEN A QUARTZ BIANCPAIN WATCH. And there never will be nu Singapore HIE HOUR CLASS Lucky IHajj *****20/1 Scotts *****27/719(1 Cenlrepomt TH *****9(V60 i Peninsula Waia Tel 117H109/JM5661 World Trade Centre Tel *****07 Palais Renaissance *****62/541 Rattles Td *****41 Changi Airport Terminal Mast
      85 words

  • SPORTS
    • 755 21 Overjoyed Briton forgets time and dashes in late for medal ceremony NYT TORONTO Britain's Tom McKean emerged with two victories as the world indoor track and field championships ended on Sunday. First, he won the men's 800 metres in 1:47.29. Then, an hour-and-a-half later, when
      NYT  -  755 words
    • 793 21 Golf NYT FORT LAUDERDALE. Florida Showing the kind of resilience that is the mark of a great golfer, Fred Couples rallied from an apparent collapse on Sunday to defeat Robert Gamez in a sudden-death playoff and win the Honda Classic. Couples, who holed a sand
      NYT  -  793 words
    • 306 21 AFP SANTA PONSA, Mallorca England's Jim Payne celebrated his maiden victory on the PGA European tour here on Sunday when he seized the Balearic Open title from Sweden's Anders Gillner. The 22-year-old Payne, last season's "Rookie of the Year", won at the first extra hole
      AFP  -  306 words
    • SIDE LINES
      • 62 21 AP OSAKA. Japan American Akebono. the first non-Japanese yokozuna (grand champion), threw down No. 1 maegashira (senior wrestler) lakanonami yesterday for his second victory against no defeats in the 15-<iay Spring Grand Sumo Tournament. Newly promoted o/eki (champion) Takanohana also scored his second victory. Sekiwake (junior
        AP  -  62 words
      • 39 21 Reuter ALTENMARKT, Austria Philippe Laroche from Canada doing his winning jump in the men's aerials at the Freestyle World Championships on Sunday. Richard Cobbing of Britain came in second while France's Jean-Marc Bacquin was third. Reuter
        Reuter  -  39 words
      • 106 21 UPI BEIJING Official atheism notwithstanding, authorities in Shanghai are scouring the city for a "holy virgin". Tlie English language weekly Shanghai Star, in its latest edition, reported that organisers of an international sports competition to be held in the city in May are seeking
        UPI  -  106 words
      • 105 21 AFP SINGAPORE Japan is set to regain its former ranking as the leading football nation in Asia, Ryuzo Hiraki. manager of one of his country's top professional teams. Nagoya Grampus Eight, said here yesterday. Hiraki said the launch of the first fully professional football
        AFP  -  105 words
      • 115 21 AP SAN ANTONIO JC Snead played a bogey-free final round Sunday to win the Vantage Seniors tournament, his first title in two seasons on the US Senior PGA Tour. Snead shot a finalround two-under par 70 to finish at two-under 214 and win U5597,500 (SS
        AP  -  115 words
      • 93 21 AFP TUCSON. Arizona Meg Mallon countered some indifferent putting with excellent play tee to green here last Sunday to win the Ping Championship women's golf tournament by one shot over Betsy King. "I hit it close all day and I had the birdie
        AFP  -  93 words
      • 68 21 AP ADELAIDE. Australia The US under-20 soccer team made the world sit up and take notice during the World Youth Championship, coach Bobby Howe said yesterday. Two-time champion Brazil beat the US 3-0 in the quarter-finals last Sunday night at Hindmarsh Stadium, but
        AP  -  68 words
      • 78 21 Reuter AUCKLAND New Zealand was within 33 runs of its first home test victory in three years at the close of play on the fourth day of a test match against Australia on Monday, but with only five wickets remaining. New Zealand, chasing 201 for
        Reuter  -  78 words
    • SCORE CARD
      • Article, Illustration
        72 21 AFP TAEBY, Sweden Sunday's Swedish Open finals. Men's singles Thomas Stuer-Lauridsen (Den) b Poul-Erik Hoeyer-Larsen (Den) 15-7. 14-17. 15-13. Doubles Rexy Mainaky/Ricky Subagja (Indo) b Peter Axelsson/Paer-Gunnar Joensson (Swe) 15-12, 15-10. Women's singles Bang Soo Hyun (SK) b Lee Hcung-Soon (SK) 11-2. 11-6. Doubles Chung So Young/Gil Young-Ah (SK)
        AFP  -  72 words
      • Article, Illustration
        242 21 Reuter NKW YORK NBA mulls Sunday: Detroit Pistons 101 Chicago Bulls 99; Los Angeles Clippers 124 Minnesota Timberwolves 107; New York Knicks 121 Indiana Pacers 90; Atlanta Hawks 117 Los Angeles Lakers 107; Seattle SuperSonics 105 Orlando Magic 97; Charlotte Hornets 96 Boston Celtics 93. Standings Eastern Conference Atlantic
        Reuter  -  242 words
      • Article, Illustration
        135 21 AFP AUCKLAND Scorecard at stumps on the fourth day's play in the third cricket test between New Zealand and Australia Monday: Australia Ist innings 139 (SR Waugh 41. MG Hughes 33. DK Morrison 8-37). Australia 2nd innings 285 (DE Boon 53. AR Border 71 DN Patel 5-93). New Zealand
        AFP  -  135 words
      • Article, Illustration
        242 21 AFP Reuter SANTA PONSA, Mallorca Final scores at the Balearic Open Sunday: 277 Jim Payne (Fng) 73-66-71-67, Anders Gillncr (Swe) 71-69-67-70. Payne won in first hole of plav-off. 278 David Jones (Eng) 76-68-70-64 279 Andrew Sherborne (Eng) 72-70-66-71 280 Greg Turner (NZ) 70-70-73-67. Steen Tinning (Den) 69-69-70-72 281 Konan
        AFP; Reuter  -  242 words
      • Article, Illustration
        64 21 Reuter NKW YORK NHI. results Sunday: Chicago Blackhawks S Edmonton Oilers 4 (OT); Detroit Red Wings 4 San Jose Sharks I; Winnipeg Jets 3 Tampa Bay Lightning I; Pittsburgh Penguins 3 New York Islanders 2: St Louis Blues 3 Minnesota North Stars I: Calgary Names 3 Vancouver Canucks
        Reuter  -  64 words
      • Article, Illustration
        208 21 AFP ROMF Sundays Italian results: Ancona 1 Parma I; Brescia 2 Juventus 0; Cagliari 0 Sampdoria 2; I lorcntina 2 Pcscara 0; Genoa <• Foggia 0; Inter Milan I AS Roma I; La/io 2 AC Milan 2; Napoli 3 Udincsc 0; Torino I Atalanta I. I cading standings (played,
        AFP  -  208 words
      • Article, Illustration
        533 21 AFP KfcY BISCAYNE, Florida Sunda)'s results from the Fipton Championships: Men Ist round Kenny Thorne (US) b Jacco Eltingh (Ncth) 6-2. 6-3: Grant Stafford (SA) b Robbie Weiss (US) 6-3. 6-0: Datid Engel (Swe) b Jimmy Connors (US) 6-3. 6-3: Olivier Delaitre (Fra) b Fernando Koesc (Bra) 7-5. 6-2:
        AFP  -  533 words
  • Page 21 Advertisements
    • 256 21 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 SALE BY TENDER SEMI-CONTAINER VESSEL "MACO ROBUSTA" Particulars of Vessel A. Name of Vessel Maco Robusta B. Flag Panama C. Year Built March 1971 D. Classification 8.K.1. E Gross/NeU Tonnage 4856.17/2956.17 Tons F. Deadweight 7808.40 Tons (Summer) G. Grain/Bale Spacc *****M3/9437.3M3
      256 words

  • Page 22 Advertisements
    • 1001 22 Nothing BgsAs A BucL Biffi'iA where to wine, dine and entertain Of GENUINE PENANG FARE Let our Penang Chef introduce her new recipes at the newly renovated Princess Terrace Cafe-the place for authentic Penang specialities. A rendezvous for fine meals at cafe prices, or light snacks with good friends. KING'S
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    • 335 22 jl« in mr*For only $30* per person. Come and taste the difference at The Stables! Available eveiy day of the week except Sundays and Public Holidays. iMncb: 12 noon 2.50 pm For reservations, please call *****51. v //itrttdati ft ~fwgap(<K >11 Orchard Road S«i«*porr 092) Tc* *****11 jj^HH Caje\ferxiii>) Level
      335 words

  • LIFESTYLE
    • 949 23  -  The Winfrey-Jackson interview could have been the deal of a lifetime. Jaime Ee on why it wasn't Jaime Ee GO ON. Admit it. You, the avowed head of the antiMichael Jackson movement, actually watched Oprah Winfrey's interview with him on Sunday night. Why? Call it a quest for
      949 words
    • 331 23 CHATTERBOX FORMER Growing Pains actress Tracey Gold is back at work after a battle with anorexia. The illness forced her to leave her role as Carol, the smart teen in the Seaver family, during the last season of the ABC television series. "There is
      331 words
    • 476 23  -  Audrey Tan finds entertaining stunts but little more Audrey Tan THE LEGEND himself was dressed in satin and sequins and skating on iee. Meanwhile, narrators gave a brief introduction to the humble beginnings of "everyone's favourite mouse" and the Walt Disney World on
      476 words
  • Page 23 Advertisements
    • 89 23 I freshTiussels from 1-31 March 1993 Mussels savour in an inexhaustible variety of styles: MUSSELS YAKI grilled with Nishiki sauce TEPPANYAKI cooked on hot plate NABEYAKI cooked on claypot priced at only $8.(X) per half do/en For reservations, please call our Restaurant Manager at 322 4228/9 or 221 2811 <)ur
      89 words
  • Page 23 Miscellaneous
    • 1204 23 TV RADIO Ironweed, 10.30pm, SBC teams up the plight of street people. Nicholson a one-time re- spectable citizen reduced to r *t Depression-era drifter. To M/ i come to terms with himself, he has first to contend jbp**" the ghosts his past. Meanby fellow I Trades. 10.00pm, SBC 12 the
      1,204 words

  • PROPERTY & CONSTRUCTION
    • 759 24 Demand for residential properties expected to slacken and shortage of office space set to ease, says broking firm MBT THE Malaysian construction sector is forecast to grow at 11 per cent this year, continuing the moderation of growth seen in 1992. The
      MBT  -  759 words
    • REGIONAL SKYLINE
      • 66 24 SINGAPORE Straits Parco Retail Management has been appointed to manage the four-storey retail centre at Bugis Junction (model shown above) on a 15-vear contract. The 420,000 sq ft retail podium will house a supermarket and a department store operated by Seiyu. Straits Parco is
        66 words
      • 67 24 MBT MANILA Philippine Orion Properties Inc, a real-estate firm partly owned by the Hong Leong group, expects to complete a multi-billion-peso commercial centre in Manila's premier retail trade centre. Divisoria, by about the middle of next year. The company says the centre, now 80 per
        MBT  -  67 words
      • 73 24 Bangkok Post BANGKOK The SSP group of steel-producing companies plans to diversify into real-estate development and will invest more than two billion baht (SSI29 million) in four projects this year. A subsidiary. SSP Property Co, has been formed. This will be independent
        Bangkok Post  -  73 words
      • 77 24 SINGAPORE The property and construction industry wants to do its bit for the Community Chest. Edmund Tie (right), managing director of Jones Lang Wootton, has rounded up key players such as City Developments and the Far East Organisation to organise a lucky draw, a
        77 words
      • 54 24 MBT KUALA LUMPUR HLL-Guoco Investment Ltd, a 50 per cent associate of Bedford Bhd, has entered into a joint venture with a Vietnamese company to build and operate an international hotel in Hanoi. The hotel is expected to be completed within 30 months of building
        MBT  -  54 words
      • 107 24 KUALA LUMPUR The Agricultural Services Department of Malaysia's Federal Land Development Authority (Felda) is diversifying. exploring the possibility of turning plantation settlements into holiday resorts. The Tekam Plantation Resort, which started out as an agricultural research centre, is one such example. Located in the heart of
        107 words
    • 55 24  -  By Colin Tan Public and private commercial projects in the pipeline Year Number of Cost Grow floor planning approval area applications (Sim) fOQOtqm) 1986 139 ***** 279.71 1987 135 165.18 195.94 1988 200 327.86 270.00 1989 359 1.075.38 768.94 1990 517 1.204.84 800.02 1991 443 3.558.98 1,543.23 1992
      55 words
    • 1052 25 197pc profit for 1992 half year based on timely residential and commercial project presales South China Morning Post We try to keep a low profile, says Hon Kwok Land Investment's director Herman Fung Manhei, explaining his reluctance to be
      South China Morning Post  -  1,052 words
    • 1355 25  -  Quak Ser Khoon looks at why and how contractors can go overseas Quak Ser Khoon The writer is a council member of the Institute of Engineers Singapore and an adjunct senior lecturer teaching international construction and marketing at the Nanyang Technological University. The views
      1,355 words
    • 441 25 Property-based Ban Hin Leong (BHL) plans to market about $300 million worth of residential property in Singapore this year. Offerings will range from medium-price projects to upmarket developments in prime locations and will include condominiums and landed dwellings. BHL managing director Richard
      441 words
  • Page 24 Advertisements
    • 361 24 Where 2400 years of history means there's never a dull moment. One of Delhi's most imposing Agra. This magnificent white marble structures is the 73 metre Qutab mausoleum is essentially one man's Clearly though, if you to Minar. Not such a remarkable height testimony to love, took 22,000 men 22
      361 words

  • Page 25 Advertisements
    • 171 25 jSjh The Bedraaic Bible EB-tll I «an WF22S $109 Entire New Old Testament "V, ,T Didionary/Thesaunß, Spell checker. New international version 6E5324 $135 world smartest and smallest tkc- ptaying games Me cross- Fastac, High quality retronic Dictionary Thesaurus with word. Scrabble and hangman corder, Records al normal 100,000 words and
      171 words

  • 558 26 EDITORIAL THE FRENCH get a seven-year-itch, but that is too infrequent. The Americans are too precise and regular, they do it every four years on a pre-determined day (the first Tuesday after the first Monday in November). Others, like Britain and India, seem to believe in
    558 words
  • WHAT THE OTHERS SAY
    • 178 26 INDONESIA'S stability and its external outlook have an important bearing on regional peace and prosperity. The past 25 years under the New Order of President Suharto have been an epochal period of stability, helped along by sustained economic growth and firm long-term thinking. Mr Suharto's unanimous re-elec-tion
      178 words
    • 163 26 IT IS less than three months to go before the United Nations holds elections to establish a new government in Cambodia. But Yasushi Akashi, head of the UN Transitional Authority in Cambodia (Untac), says the basic minimum conditions for the elections are not yet in
      163 words
    • 226 26 JUST how badly China appears to have been wrongfooted by the swift turn of events in negotiations over Hongkong's constitutional reform was reflected in the disparate statements emanating from Hongkong and Beijing. But Beijing's reluctance to take the final step of breaking off all contacts on
      226 words
    • 143 26 DESPITE the media's speculation that the recent election would herald in a new era for Australia, the Labor Party led by Mr Paul Keating has been returned to power. During the last 10 years when the Labor Party was the government, Australia has not been
      143 words
    • 167 26 AUSTRALIANS seem to think that Keating and his Labour Party are deserving of another chance to lead the country out of the economic doldrums. Carrying out the electoral mandate will not be easy. People Down Under have been leading the good life far too long
      167 words
    • 177 26 INDONESIA has had only two presidents since independence in 1945, so the question of political succession remains a sensitive issue in the 16.000-island archipelago. President Suharto was re-elected by the People's Consultative Assembly on Wednesday and sworn in. With Suharto staying on for another five years,
      177 words
  • 737 26  -  Her peers sneered when Bill Clinton gave her the important post. But Laura Tyson is showing she has the right stuff. Steven Greenhouse reports Steven Greenhouse NYT BACKBITING is a timehonoured practice in Washington, but the nastiness that greeted Laura D'Andrea Tyson's appointment
    NYT  -  737 words
  • Page 26 Advertisements
    • 295 26 Is B Boom Time For Companies? billion worth of noodles, crackers, chicken wings and ice-cream by the year 2000. But are local manufacturers ready A t TT Tl i to tap this rapidly growing market? \\l Q Also, a look at where the stock market is headed, and what /ll
      295 words
  • Page 26 Miscellaneous
    • 93 26 WE. Pulls "we. SRPOE: PSS we TVAE. NELVO o\f\P \vl TvAE. S\PS HISTePk OFBCe. ACROSS ST C VAPvS ?»TreD B£f\\JT<Poujf. Ik^t^ _71 J!H? wei\ve.s Tvie&ftme. PvS v*C PICXS v. f j y t ASSOCIATED NEWSPAPERS ITO IKiHI] VjP HIS P&.N V S 4 DOONESBURY GARRY TRUDEAU RAgy 1 FEEL. ALEX,
      93 words

  • ANALYSIS
    • 1041 27  -  To make things equitable, lesser-developed countries should be allowed to compete with the developed world accordins to the same rules, but with a handicap, says Vasuhiro Nakasone Yasuhiro Nakasone The writer was the prime minister oj Japan from 1982 to 1987.
      Los Angeles Times  -  1,041 words
    • 946 27  -  Neville Stack wonders if John Major can stay prime minister much longer, having been seriously weakened by acts of political treason in his own party Neville Stack The writer is a L K-hased journalist who contributed this comment to H T THE House of Commons has often been
      946 words
    • 610 27  -  A bureaucracy accustomed to controlling a command-driven economy will not liberalise easily. Kim Myong Hwan reports Kim Myong Hwan Reuter TO THE horror of some South Korean bureaucrats, the new president has ordered his economic aides to draft a five-year plan by
      Reuter  -  610 words
  • Page 27 Advertisements

  • 487 28  -  Congress accused of trying to restore Communist power From John Helmer in MOSCOW PRESIDENT Boris Yeltsin's chief spokesman yesterday accused Congress of trying to restore Communist power and said he was "deeply worried" about the threat to democracy and reform, news agency reports
    487 words
  • 485 28 AFP, UPI, Reuters MOSCOW French President Francois Mitterrand visits his Russian counterpart Boris Yeltsin today in a show of solidarity with the Russian leader after he suffered a string of humiliating defeats at the hands of the Congress of Peoples Deputies.
    AFP,; UPI,; Reuters  -  485 words
  • 497 28  -  From Ray Heath in LONDON TODAY, Britain's Chancellor of the Exchequer Norman Lamont will deliver the spring Budget to the House of Commons for the last time. The finality is not because Mr Lamont is about to be ousted although few would bet on his
    497 words
  • 337 28 Reuter SEOUL South Korea will ask the United States to delay pulling out an aircraft carrier and troops taking part in joint military exercises because of heightened tension after North Korea's rejection of nuclear controls. The Korea Broadcasting System
    Reuter  -  337 words
  • 933 28  -  The Bottom Line PAUL ROBERTS PAUL ROBERTS The writer is chairman of the Institute f for Political Economy in Washington. I This article is reproduced from Business Week f International by special permission. Copyrighted by McGraw-Hill. Inc. f All rights reserved. CLEAR your head
    933 words
  • 443 28 Reuter, AP BOMBAY Stockbrokers returned to work yesterday much sooner than expected when Bombay Stock Exchange (BSE) authorities were allowed to return to their building after a powerful bomb exploded in its basement last Friday. Trading was expected to resume in the afternoon,
    Reuter,; AP  -  443 words
  • 345 28 Reuter TOKYO Japanese Prime Minister Kiichi Miyazawa faced pressure yesterday to call early elections as public anger grew over rampant political corruption. Meanwhile, state prosecutors prepared to extend the detention of fallen ruling party vice-president Shin Kanemaru, indicted
    Reuter  -  345 words
  • Page 28 Advertisements
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    • 123 28 j m gnmgnsHj jLunk, Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. n 8.V.1 n ISLE OF MAN CI BAHAMAS T JERSEY ft BELIZE 1 LIBERIA n
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    • 15 28 SINGAPORE COMM Distributor of the most sought after Key Telephone System V Tel: 278 7088
      15 words

  • Shipping Times
    • 371 29  -  By Rahita Elias SINGAPORE Singapore. Malaysia and Indonesia arc reviewing the routing system in the straits of Malacca and Singapore to further promote safety in the busy waterways. Marine Department director Teh Kong Leong said yesterday the study was likely to focus on
      371 words
    • 450 29 Reuter SAN DIEGO, California California, cripplcd by a recession it cannot shake off, is facing a further blow to its economy, because of a state law banning casino-style gambling on cruise ships travelling between its ports. Tourism officials say the state could lose
      Reuter  -  450 words
    • 208 29 BANGKOK The Port Authority of Thailand (PAT) is to reduce the port tariff for Laein C habang Commercial Port for the second time to attract more port users. In response to government policy to limit cargo throughput at Bangkok Port at about one million
      208 words
    • 145 29 AFP QUITO Ecuador plans to ban large cruise ships from docking in the Galapagos Islands to protect the unique ecosystem there, the minister of tourism announced on Sunday. Tourists on huge cruise ships, as well as wasps, dogs, chickens, goats, rats and other
      AFP  -  145 words
    • 887 29 Page Col ABC Containerline 12 1 Accord Group 8 1-3 •APL 5 3-5 Alpha Feeders 6 1 •ANL 3 1/2 •Arrow Trans 19 2 •ASCL 5 5 Avant Shpg 6 4/5 A via Airways 14 4 Bait Orient Line 7 4/5 Bangladesh Shpg
      887 words
    • 416 29  -  World first for a ship chandler By Ramesh Divyanathan SINGAPORE Singapore ship supplier Exccl-Nautilus has received a quality system ISO 9002 rating, understood to be the first time a ship chandler has achieved the standard. An Excel co-director lloong Ngcc Khoon told Business Times in
      416 words
    • 1409 30 Pressure is mounting on those involved in the transportation of oil by sea to reduce the risk of oil spills Seatrade Review THE fierce winter gales that first drove the Braer onto the craggy Shetland coastline also generated the crashing waves that dispersed the leaking oil
      Seatrade Review  -  1,409 words
    • SHIPS IN PORT
      • 590 30 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port Andhika Wiiaya 26 14 alongside 1603/1500 Airow Adventure 01/93 15/6 alongside 16 03/0900 Baiyunshan 91/92 J8/9 alongside 16 03/0600 Budi Jaya 03/02/93 11 alongside 1603/0515 Dm Sempuma 06/93 12/3 alongside 16 03/1000 Lion
        590 words
      • 122 30 Johore Port Berth: 1: Cheung Hing; 2: Nen Jiang; 3: Kanok Naree: 4: Rimba Ramin; 5: Perla One: 6: Ora Bhum. Oi jetty: Bunga Semarak. Bum Man O.C.i: Dollart Gas. Due on Mar 15: Fujiioshi. Ocean Energy. Ocean Venture. New Line 1. Bowen King, Dragon Sumatera. Giwi. B
        122 words
      • 1792 30 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Voy No Containers avaiabie Marion 048N *****3 0710 Geror Monk ad 06CE93 *****3 0/50 SarRodha 128HW *****3 0757 Bervala 036 *****3 1100 Sea I ok 266N *****3 1135 Nordstar 903 *****3 1150 Trade Fast FAS303 14 03 93 1300 Moon
        1,792 words
    • 9941 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND FN: ship calls at Penang after
      9,941 words
    • 3111 43 A X ontainerline NV: Bclsin Shpg Agencics Pic Lid (SVMarinc Handling Sdn Bhd (PK/PN). Accord (.roup: Accord Shpg Pic Lid (SV Accord Conir Line (PK/PN) Vdkris Business Corporation Philippine Calsource Shpg Trdg Pic Lid (S) Ahrenluel Liner Service Kim Shpg I rdg <S) Albittnn Sea-Air Service: I rata
      3,111 words
    • 304 43 CONFERENCES CONSORTIA Asia-North America Eastbound Rate Agreement (Far East/North America, excludes Japan): American President Lines; Sea-Land; Neptune Orient Lines; Maersk Line; Nippon Yusen Kaisha Line; Mitsui OSK Lines; Nippon Liner system; "K" Line. Trans-Pacific Westbound Rate Agreement (North America/Far East): American President Lines; Sea-Land; Neptune Orient Lines; Maersk Line; Nippon
      304 words
    • 279 43 Abacus Couriers Td: 545-8011 Fax: 545-1898. Air Express I ravel Id: 533-5771. Fax: 535-6144 Airborne Freight Corporation Td: 542-8844 Fax: 542-3716. *****80 Xirswift Worldwide uurkt Td: 278-0188 Fax: 273-8283. VJS Supplies Td: 748-6322 (2 lines). 747-7421. Fax: 742-8975. C its -1 ink International Td: 344-3377. Fax: 345-6450. C
      279 words
    • 1532 43 \hex F xpress Freight Td: 542-7171. Fax: *****84 Actinic Forwarder Id 225-1833. Fax: *****42. \ctiva»r Singapore Td 542-7821 Fax: *****20 Aeroiink Freight International Td 545-8031 Fax 54MW05. \eruspeed Tel: 542-5911. Fax 54*4018 Air C argo No«o F press Td: 542-5454. Fax: *****06 Air F xpress International Td: 542-7666
      1,532 words
    • 2612 44 ALBANIA Durres: Eleven vessels in port of which I discharging barite. 1 rice. 1 rice/flour. 1 wheat, 1 sugar, 2 general cargo. I Hour. 1 loading sugar. 1 general cargo. 1 Ro/Ro ARGENTINA Buenos Aires: Cargo movement continues less than normal resulting in several general cargo berths being
      2,612 words
    • 1647 44 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young AFP ON March ll's auctions in Piraeus, clients of Angeiicoussis paid prices of US$6.4 million and U556,825 million respectively for the American flag/contructer VLCC's Ocean Challenger and Ocean Wizard built 1976. We understand that the same buyers are
      The information was contributed by Simpson Spence & Young; AFP  -  1,647 words
    • 556 44 ARRIVALS DEPARTURES Op Flight l>pe ETA I From <>P H«ht Ijpe LID T To TODAY TODAY KAL KE697 B747F 0150 1 SEL KAL KE697 B747F 0440 1 BKK SIA SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 1 LUX/DXB BA822
      556 words
    • 313 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA L ID Ports of ("mils Fort Agent Telephone No MARCH 17 17 Fantasy World 1000 1900 Sin-Jakarta Lauw Sons Travel 227-8284 18 19 Regent Spirit 1000 1800 Weekend Cruise Regency Cruises 271-2911 19 21 Golden Odyssey 0900 2200 Asean
      313 words
    • 278 45 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1,428 on Friday from 1,409 on Thursday. FIXTURES Ore: Marshal Konev 110,000 long tons iron ore Aldanha Bay/Redcar U556.25 fio seven days shine March 15-30 B.S.C. Donau 88,000 long tons iron ore Nouadhibou/Dunkirk east US$4.6O fio
      278 words
    • 1453 45 COURSES Title: Import/Export and Shipping Procedures (SDF 50%). Duration: March 17 (8 evenings) Organiser: Elim Management Services Tel: For course details and application forms call 292-5670. Title: Standard Trading Conditions (SDF 70%) Duration: March 23 May 4 (7 evenings) Organiser: Singapore Freight Forwarders Association Tel: All courses are
      1,453 words
    • AIR AND LAND TRANSPORT NEWS
      • 633 48 Aftermath of America's worst winter storm NYT NEWARK, New Jersey The weary were everywhere. Slumped against suitcases on cold airport floors. Stretched out along windows overlooking icy runways. On snaking, angry lines, clutching spring vacation plans nearly blown away by a mean
        NYT  -  633 words
      • 457 48 NYT DETROIT In an abrupt change of heart, a hard-charg-ing Spanish purchasing executive who saved hundreds of millions of dollars in costs for General Motors, decided over the weekend not to leave GM for a more prestigious post at Volkswagen of Germany. GM apparently
        NYT  -  457 words
      • 448 48 AFP WASHINGTON Did >ou miss the lettuce leaf under your chicken salad when you fly Delta? Did you notice that there is no plate under your muffin when you fly Northwest? Were you frantic because United no longer serve liquor on breakfast flights?
        AFP  -  448 words
      • 348 48 Supply tightness expected to last till mid-April KnightRidder SINGAPORE Continuing growth in regional demand, combined with the current supply tightness, has boosted physical premiums for jet fuel here. Premiums for prompt cargoes have surged to 60 US cents (98 cents) per barrel over Singapore
        Knight- Ridder  -  348 words
      • LOG BOOK
        • 70 48 Bloomberg Business News HONGKONG China-controlled Continental Mariner Investment is buying a company whose principal assets are four ships from ship charterer Jinhui Holdings for US$l6.6 million (5527.4 million), Jinhui said in a statement. Under a separate agreement, a Jinhui subsidiary will provide management services for
          Bloomberg Business News  -  70 words
        • 91 48 AFP BANGKOK Thai and Vietnamese aviation experts are to meet in Bangkok this week to discuss increasing commercial air traffic between the two countries, a news report said yesterday. Current agreements allow each nation to offer a total' of 2,300 aircraft seats per week in travel to
          AFP  -  91 words
        • 75 48 Reuter DHAKA Bangladeshi factory workers blockaded roads and railway lines yesterday at the start of a 48-hour strike to press for wage rises, witnesses said. The strike was largely confined to major industrial areas, and elsewhere life went on much as usual Most factories closed down
          Reuter  -  75 words
        • 87 48 Bernama KUALA LUMPUR Malaysia's Science, Technology and Environment Minister Law Hieng Ding urged the Department of Environment to investigate the claim that the Iranian tanker. Sanadaj 2. had discharged sludge in the Straits of Malacca. Action would be taken if it this was proven, he said.
          Bernama  -  87 words
        • 76 48 Reuter TOKYO The present upheavals in Russia are delaying hundreds of millions of dollars in Japanese steel pipe exports, officials here said. "Japan cannot ship US$3OO million (***** million) worth of steel pipes to Russia as the first instalment of a US$7OO million pipe and
          Reuter  -  76 words
        • 60 48 Reuter TOKYO Japan will lend about US$9O million (S$ 149 million) to El Salvador to help repair infrastructure battered by civil war, a Japanese Foreign Ministry official said yesterday. The yen loan, the first by Tokyo to El Salvador in 18 years, was aimed
          Reuter  -  60 words
      • 1301 48 Ctty FHM ETA CTD Abu Dhabi GA893 1500 GA982 0210 GA974 2225 GA886 2305 ftifrriitrtt QF81 1935 QF82 2050 *—■11 RJ182 2200 Amsterdam GA893 1500 GA974 2225 KL837 1545 SQ338 2300 SQ323 1815 KL838 2350 Athens SQ348 2300 Auckland N235 1425 SQ288 2045 SQ286 2045 NZ36
        1,301 words
  • Page 29 Advertisements
    • 7 29 LAW PAGE Every Thursday in Business Times
      7 words
    • 24 29 Lines and services represented by Members ef the Registry el Accredited (*fffclttV SSttatt 1 X;w»v i»f advertising enquiries, contact Shiirmn* limes lei no- >tm//M-2090.
      24 words
    • 335 29 International Freight Forwarder EUROPE LCL FCL Services M+R FORWARDING PTE LTD Oil on troubled waters. Page 2 Aftermath of America's worst winter storm, Back Page You've posted a manager to head your Tokyo office. The Straits Times Weekly Overseas keeps him posted. Someone dose has been Mug In Canada for
      335 words


  • Page 31 Advertisements
    • 2623 31 h OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES BOOKINGS TEL: *****34 *****58/ *****40 \ll|WW 9R CFS (PSA F5) TEL: *****21/ *****79 JARDINE SHIPPING AGENCIES SON. BHD. PHmMTI PETALING JAYA TEL: 03-*****76 FAX 03-*****42 L VW9T J PENANG TEL: *****4 FAX *****1 CFS TEL *****6 Dedicated to Quality Service ipoh tel:
      2,623 words
    • 1869 31 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 ISuascTl Ji/M7EP ARAB SHIPPING CO.(SAG)JJ£ To US East Coast mm in MI aa bm mm 1 21/11 an 2vm a/M a/M B Ml I NIK 7/M IB IVI! 11/8! IMS JMI4 40U MM 2VM 2VBJ a/B *> 11/B IMMMf IBM 1/1 VI
      1,869 words
    • 1286 31 ■Ommna NEXT DIRECT SAILING TO JEBEL ALI/D AM MAM/BAH RAI N/BOM BA Y MUSCAT BAY V.2759 ETA SIN 18TH MARCH 1993 VatM Voy ETA ETD fveOei by sm LAn®* DESTINATIONS n*» MAOtSON MAERSK V 9304 i too HBHMbBIIb||H|MI CFS 16/3 0300 MRS JOM LPK PEN OAK ILGB I MOU MEM
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  • Page 32 Advertisements
    • 819 32 AQABA ROAM/ [i mm— VOY NO S PORE JEDDAH (via JEO) S TON H'BURG ANT HAVRE ■^[^4 FRANKFURT EXPRESS 66/110 17/3 3/4 6/4 4/4 MX WESTBOUND KITANO 18/310 20/3 29/3 5/4 7/4 10/4 12/4 14/4 pQRf KELAMG I PENANG MONTE ROSA 23/111 24/3 10/4 13/4 11/4 CARGO TO UK COWTiCNT
      819 words
    • 572 32 FCL Break bulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for ail services C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam t Mongolia Hungary CSFR Poland ocT^Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN VILLE DE PROVENCE 23/03 VILLE DE VEGA
      572 words
    • 1388 32 II MMMA EtMMM REGULAR INPEPENPENT FUt -l CONTAINER SERVICE VSL/VOY SIN alg^^BCL^^HAN^^Bß^^^R^^^^Al^^^FE^^^LH!^l NORASIA SAMANTHA 9302-3 16/03 06/04 07/04 11/04 12/04 13/04 14/04 15/04 16/04 NORASIA SUSAN 9303 S 25/03 14/04 16/04 19/04 20/04 21/04 22/ M 22/04 23/04 E'/E HT /04 «/5 28/04 28/04 29/ M 08/04 29/04 30/04 03/05
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  • Page 33 Advertisements
    • 2071 33 K STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 BOMia9L£ilA BTB Shipping Pte Ltd S TS nc SMLS CONTAINER SERVICE TO CAAMOOtA STRAITS VINTURf ¥071 Muara. lab 12-13 M* In 16 Mir KRIS MADURA Vost KK. Skin. Tjw 15 16 Mar
      2,071 words
    • 2659 33 m SINGAPORE AGENT: IJUSTfI P&O Containers (Singapore Agencies) Pte Ltd X KXV/ VJVrlllCllllvi 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 VIIMI. VOY -pno 7 P*a aw alq sou ami rot ham
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  • Page 34 Advertisements
    • 736 34 PHSS9 I INDONESIANAriONA^IN^^^ TO EUROPE WWHHHIWWiWHBWrWWiHICw^ |SArr(6sv tJmVHtr*VrWfl¥rMrWrjcHTrtlr v^rnTTvC I fti mm mm htmnT woo wot I KUTAI nm I 15-17/3 I 13/4 11/4 20/4 23/4 TO m FULLCGgTAINER EAST COAST POUTS BI Wt PKL STOW SYP KLB BKIS FWt AOU MOO ItMASEK 53S 22/3 20 3 1/4 11/4 5/4
      736 words
    • 908 34 HANJIN SHIPPPro] EFFECTIVE MARCH 1993 We revise our sailing schedule to serve you better 1. DIRECT CALLING SEATTLE AND PORTLAND Every Thursday with transit time 20 days 2. EUROPE SERVICE Every Monday 3. PS W SERVICE Every Thursday S PORE AGENT: CROWN MARINE CO (PTE) LTD. TEL: *****88 FAX NO:
      908 words
    • 1552 34 mxm v f j-j.yj ■TT3T|^ < QUI XMI s?i S X S I 2?i I'l m '*0 IM CHS BAL NYC Lift MR Hi W OC «0 CM PKL SGT I STiLi *Ai n\ If S i ,i i J "'J J'l I S < B i M/ 4 1/5
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  • Page 35 Advertisements
    • 1282 35 IP™ SCX: CALIFORNIA MERCURY 51E' ETA SGpT7/03/9^H 4% II ARRIVING LOS ANGELES 04/04/93 IN 17 DAYS Ml CSt JII AEX: NEPTUNE PEARL 08E' ETA SGP 20/03/93 II fXr ARRIVING NEW YORK 12/04/93 IN 22 DAYS I jr II *R3 SCX: Connecting N. Diamond Voy 12E in HKG 28/03/93 HI *B4
      1,282 words
    • 443 35 ©HEUNG-A SHIPPING I Korean Flag Vessels FULLY CQNTMNBUSED SERVICE TO: HONGKONG, BUSAN, MCHON, MOJI STRAITS/KOREA SERVICE PKL S* SUO HKG BSN MC MOl mmn lion 17/03 10/03 22/03 ?«03 27 03 2103 CHOYMG IWW W3U 11/03 It/13 23/03 27/03 21/03 21/03 •NO i OONAM 303H 25 03 21/03 MO4 11/04
      443 words
    • 173 35 CENTENARY SHIPPING SERVICE WEEKLY FULL CONTAINER DIRECT SERVICE CHI MINH CTIY Nov providing Container Trucking toVungtau, from Ho Chi Mlnh Qty J VESSEL S NAME VOY NBR ETA/P SPORE ETA/P HCM CfTT TAN AH AIR 81N/S 23 23 MAM 26-28 MAR 93 TANAH AM 82N/S 30 30 MAR 02 02
      173 words
    • 1146 35 m 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 EASTBOUHD —PtSCHARQNG WtSTBOUWD-LOAOWG TMgggfj)
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  • Page 36 Advertisements
    • 1545 36 H. W* AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W v TEL *****77 TELEX: KAWAKIRS23I6S PAX: *****07W9 Md MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BHD JL HL MmJ JL MmJ T EL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 KAWASAKI KISENKAISHA, LTD PARANALAUTINTERNUSA
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    • 1086 36 PHI LI OHM NT LIN€S PTi LTD r 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION f3?T« nr N AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 18 MAR SYDNEY. MELBOURNE. BRISBANE. FREMANTLE AUCKLAND. WELLINGTON, LYTTLETON. NEW
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  • Page 37 Advertisements
    • 918 37 (sasgflff PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I I KK U wKM CR NO **********0t I VESSEL VOY SIN HKG SIN CMB JIB HOO JED AQJ KOTA WUAYA WJAO2I 19/3 23/3 2S/3 3/4 5/4 t/4 KOTA SINGA SGAO23 »/3 7/4 »/4 14/4
      918 words
    • 1225 37 WEEKLY LCL SERVICE NORTH EUROPE EVERY TUESDAY FOR THE FASTEST TRANSIT TIMES IN THE TRADE CALL:BEN LINE AGENCIES (S) PTE LTD TEL: 225 3522 BOOKINGS: NOELLE TAN/TS CHOW YEA SHYUAN/SALLY YAP OR EAC TRANSPORT AGENCIES (M) SDN RHD BOOKINGS: ANGELINE TAN SHAH ALAM TEL: *****49 001 ARK KHIANG PENANG TEL:
      1,225 words
    • 313 37 BSA° TRANSPORTATION MM MYANMA IpH FIVE STAR LINE (Myanmar National Line) Loading for Yanion (Rangoon) S pore P.KIg fen P Gd| MYOMArftA ¥147* 21/23 Mo 17/19 Mjr PATHEW VI22W 22/24 M» 1«/21 Mjr PAGAN VI94W 21/30 Mjr MALAYSIA MINTS BOUSUAO SVTMG MOCKS *Ul IU 03 *****00 rn in 03 *****47
      313 words



  • Page 40 Advertisements
    • 2846 40 OOCCS Full Container Liner Services Malaysia s Agents: Indonesia 's Agents: General Agents: Booking Agents: Guan Guan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.J. Global Putra Indonesia Maritime Costar Shipping Pit Ltd Shipping Frttgkt Booking Centre Sdn Bhd 58 Persian da/a Muda Wusa Lot 3.34. 3rd Floor. Jl
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  • Page 41 Advertisements
    • 699 41 (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 22/3 ROTTERDAM 22/3 HAIFA/ASHDOD/ALEX ANORIA 22/3 HAMBURG/BREMEN 22/3 MARSEILLE/FRANCE 22/3 FELIXSTOWE/UK 22/3 BARCELONA/SPAIN 22/3 LEHAVRE/ANTWERP 22/3 GENOA/ITALY 22/3 GOTHENBURG/SCANDINAVIA 22/3 LOS ANGELES/WC/IPI 20/3 SYDNEY/MELBOURNE 18/3 NEW YORK/EC 20/3 FREMANTLE/ADELAIDE 20/3 VANCOUVER 17/3
      699 words
    • 701 41 g RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA ILOADING fO« SPOWE ANOiNET 30WB 15/04 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABVOT WWT 20/05 OARESSALAAM MOMBASA DJIBOUTI
      701 words
    • 663 41 JAKARTA BANGKOK kmq ww i m «a wi wmm NANA BHUM II2S 17/3 21/3 PIYA BHUM ?75N Tu« 11/3 Frt U/3 I NANA BHUM 225 20/3 23/3 G KO2HTSLW lg Wed 17/3 S«t 20/3 WMW bmum [iS 2473 575 MAHA MM 148N ».d 17/3 S« gggjgg lARUBHUM 6IN Frt 11/3
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    • 339 41 I| @@apa IKER-IK BAY OF BENGAL SERVICES ret ma ?<w sjm 22-24/03 30-11/03 I neu SIM 5M IS-19/03 25-24/13 01-02/04 CAPE BON* KB IJ 24M 22 23/03 20-30/03 OVOO/OO I TIM ARROW WW 24-27/03 02-03/04 H-H/M j eacu was ui 10-17/03 23-27/13 orol/oi I MUC tma v>icm 10-20/03 20-30/03 OMO/o*
      339 words

  • Page 42 Advertisements
    • 1528 42 i^NI MN CONTAINER LINES UNc/XUAgents: MAC-NELS SPORE: *****22 (24 LINES) PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 COMPETITIVE RATE TO HONG KONG 3 SAILINGS WEEKLY (MON/WED/FRI) FOR BOOKING, PLS CALL *****76. *****75. *****22 GLOBEUNK FORWARDERS PTE LTD TEL: *****33
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    • 254 42 w BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN AKI LYT SIN #N I STAR 6S 23/3 4/4 6/4 23/4 PREMfR 23S 4/4 17/4 19/4 4/5 AUST STAR 86S 20/4 2/5 4/5 20/5 s WITH OPPORTUNirv TO CAll ON OS ABOUT 27 3 FULLY CONTAINERISED
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    • 1056 42 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00. #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING LINE: *****55 SINGAPORE TO SARAWAK VESSEL VOT STORE~ DTIT VESSEL VOY SPORE IPEST EQUATOR 111 82/3E 17 MAR KUCHING
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  • Page 45 Miscellaneous
    • 703 45 TODAY'S TIDES (hajftt in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1100 1900 2000 2100 2200 2300 15 18 12 2.5 2.6 24 2.4 2.0 1.7 1.4 1.1 1.0 0.9 0.9 1.0 1.2 1.4 14 1.7 1.7
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  • Page 46 Advertisements
    • 713 46 cosco I UKC CONVENTIONAL SERVICE VESSEL PKL PNG PG. LOADING FOR: A VESSEL 28/03 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR: A VESSEL 15/03 20/03 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCH EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
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    • 161 46 J fSSBBL EES FREIGHT SERVICES PTE LTD I H| #01-60 Wallich Building, I ''UiEJ Wallich Street, Singapore 0207 I Tel: *****66 (10 Lines) Fax: *****69/*****44 I I "OLANDIA" 11 "NANTA BHUM" 11 "OOCL FREEDOM" I I I V.I 37 II V.133N II V.SOE II I ETD SIN. 18/3/93 II ETD
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    • 249 46 fFAR EAS£> ✓KtELUfla \J4MRwI I HONG KONG J i RANOKOK V CgUROP^I tf HAMBURG "V ROTTERDAM /^EUXSTOW^M GENOA .M J BARCELONA L MARSEILLE ft V RITRA 7 CARGO \TEL:*****68 CROSSWATER] I OFFICE: 291 SOUWGOON ION) #M 00 WMGOON BUIDW S(0I21) NMEHOUSE (OS): ft* 37 #94-25/2 C TC f*GM FREIGHT SUnOH
      249 words
    • 840 46 Antwerp 13/3 Fremantle 14/3 Bangkok 13/3 Bremen 14/3 Sydney 18/3 Busan 15/3 Hamburg 14/3 Melbourne 18/3 Hong Kong Ig/3 LeHarve 13/3 ETSKniVTSTFVH Kaohsiung 13/3 Felixstowe 14/3 Keelung 13/3 Rotterdam 13/3 Bombay 15/3 Jakarta 14/3 Calcutta 13/3 Manila 15/3 Chittagong 13/3 Lax Nyc 15/3 Karachi 15/3 *We travel all over Madras
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  • Page 47 Advertisements
    • 856 47 4 HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS VQV PWA I PKE I PGP I VESSELS VOY SW RTM AWT* LEW HAM BREj ffl I WM ADVANCE 08A 09/03 10/03 12/03 H. CHALLENGER 303W 14/03 02/04 02/04 03/04 04/04 04/04 06/04 HMM ADVANCE 09A 16/03 17/03 19/03
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    • 494 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS nssu nt v n m u MKMM 14 ao SID SIB USTIM KOI 21 SID SID ODAKI MM M 17/1 »stu niou MM/1- COSMK TIMXR )l a/1 nu sxddm u a/1 21/1 sui uiisii it a/i a/i ra a/i
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    • 1102 47 OUR USA lM p|« |«-1« SERVICE CALLS MM 4NM <442*1 14 13 lUWIGI ftp >***** HUM MM 47/44 47/44 47/44 47/ M 44/ iT 4444 h"* SINGAPORE omi mm «44« am Kiaia wiki »im» »-»/n u/m u m 14/44 u/m 14/44 u/m ITm uTm DIRECT EVERY BMIB4M IW 24 41
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