The Business Times, 20 January 1994

Microfilm: NL19042
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Thursday January 20 1994 75*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones up 1.13 points
      44 1 AP NEW YORK Stocks rose slightly yesterday morning, cheered by higher share prices abroad, although technology issues tumbled after a series of worse-than-cxpccted corporate earnings reports. At Ipm EST. the Dow Jones was up 1.13 points to 3.871.42. AP
      AP  -  44 words
    • Article
      Lock icon US recovery gaining momentum
      87 1 Bloomberg Business News WASHINGTON The US' economic recovery is gaining momentum as inflation remains in check, the Federal Reserve System said yesterday in its so-called Beige Book report on current economic conditions. The report will form the basis for discussions and decisions when Fed governors and
      Bloomberg Business News  -  87 words
  • Article, Illustration
    MARKET SUMMARY
    114 1 Stock market indices Wednesday (bip STII *****0 22.89 KLSEComposiie .1081.78 -28.44 Nikkei 19.039.40 +524 85 HangSeng 11.3*3.77 346 08 SET Index 1459.74 -17.29 Jakarta Composite ..596.00 3.99 CLSA C hina B I 343.45 -32.04 Aust All Ord 2.248 2 +16.1 FTSE 100 3.475.1 +38.1 Wednesday Pmioo* I pnn
    114 words
  • Article
    Sarawak plans takeover of high-flying Ekran
    528 1  -  From Leslie Lopez in KUALA LUMPUR THE RESOURCE-RICH Sarawak state government appears to be on an acquisition spree. Barely a month after its proposed purchase of Dunlop Estates Bhd, executives familiar with the situation say the state government is holding talks to take control
    528 words
  • Article, Illustration
    Anwar flies in for two-day visit
    56 1 Making his first visit to Singapore since being appointed Malaysia's Deputy Prime Minister, Mr Anwar Ibrahim was welcomed yesterday at the airport by Deputy Prime Minister Lee Hsien Loong. Mr Anwar will call on Prime Minister Gob Chok Tong and Senior Minister Lee Kuan
    56 words
  • Article
    Lock icon China hopes to sell shares of 20 firms on foreign bourses
    427 1 AP LONDON China is embarking on its most ambitious effort yet to entice Western investors into placing bets on state industries that arc joining the free market. The Chinese government hopes this year to sell shares in 20 large-scale
    AP  -  427 words
  • Article
    Lock icon China may inherit HK$200b from HK in 1997, says report
    322 1 AFP HONGKONG China could inherit close to HKS2OO billion (Ss4l billion) from Hongkong after the British colony reverts to Chinese sovereignty in 1997, according to a report here yesterday. The South China Morning Post report quoted Chinese and British estimates
    AFP  -  322 words
  • Article
    HK shines in a dull day on regional markets
    324 1  -  By R Sivanithy SINGAPORE Apart from the Philippines and Hongkong. regional stock markets posted uninspiring performances yesterday, as the effects of last week's corrections continued to be felt. In Singapore, selected blue-chip buying sent the Straits Times Industrials Index 22.89 points
    324 words
  • Article
    Lock icon KL broking firm may lose M$3m over phantom order
    303 1 AFP KUALA LUMPUR A Malaysian brokerage stands to lose some Ms 3 million (SSI.K million) after an unidentified person keyed in an order for one million shares of a listed stock at a price that was much higher than its market
    AFP  -  303 words
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      177 1 Burberrys I w -vv>»li. (>7 Jtfth- i I Reigns when it pours j CONTENTS Spore Hews 2 s'pwfrWsu" 17.18J0 E- Nfws 3.4.5 Financial 2122 News 7.8 Martets Jkalyss 15 dob/Hist. SES Edrtonji 14 Regional 24 Sports 9 World 25 TY/litestyte 11 Currencies 22 Reponal Focus 6 Smw/Coowo 22.23 tafcuriptim Ie)
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      21 1 Law; /i Why women top bar exams Should CPF funds be allowed to invest in a regional unit trust? Pg 2
      21 words
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      18 1 Hock Lock Siew: pg n IQH 2 u Sime Darby a good valuwlhw f ;"{`&,%-';}'[<=["!}!);]/_/{=}:~ Full reports. Pages 24-28
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      236 1 *Tht -jfypttom Line: Pg 16 heavy load at the top r^CRRRUTI'm^^ Iluhettes r/Z^M SEIKO GETS A LITTLE INSPIRATION FROM NATURE. The sudden glow a firefly creates as it punctuates the early evening is one natußS wonders. It's also a brilliant W; source of natural energy: dean, sale, -jPfr incredibly small
      236 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon November retail sales up 8.8pc
        301 2  -  By Ven Sreenivasan RETAIL sales totalled $1.62 billion in November last year, or 8.8 per cent more than in the same month a year earlier. Figures released yesterday by the Department of Statistics show the main index movers were vehicle sales, coupled with receipts from
        Source: Dept of Statistics  -  301 words
    • Article, Illustration
      Allow CPF funds to be put in regional unit trust: academic
      562 2  -  Institute of Policy Studies' year-in-review conference Reports by Anna Teo THE government could let Singaporeans invest part of their Central Provident Fund funds in a regional unit trust, or set up a "with-profit" in-terest-bearing CPF savings scheme to fund
      562 words
    • Article
      East Asia's growth less tied to US
      238 2 DURING the *****, 85 per cent of East Asia's growth was linked to the United States. But there has since been a loosening of the wagon-locomotive effect, and East Asia-US economic ties will gradually evolve into that of mutual dependence and benefit, said
      238 words
    • Article
      Forum discussion centres on regional investments
      232 2 SINGAPORE'S investments in China, Vietnam and India was the main subject of discussions at the first "Regional Business Forum" hosted by Minister of State for Finance and Communications Teo Chee Hean yesterday. The forum held at the Ministry of Trade and Industry (MTI) also
      232 words
    • Article
      India suggests making S'pore centre for cut flowers business
      282 2 THE Confederation of Indian Industry (CI1) has proposed an international flower auction in Singapore. Tarun Das, director-general of the Delhi-based CII, Indian industry's top body, told Business Times: "This would be a parallel to Amsterdam. We don't see why Singapore, with
      282 words
    • Article
      ERA's real estate sales soar 70pc
      226 2 ERA 's real estate sales soar 70pc ERA Realty Network Pte Ltd announced yesterday that it achieved record-breaking real estate sales of SI.I billion last year. This represents a 70 per cent jump from 1992. far in excess of the 20 per cent target set by the company. The property
      226 words
    • Article, Illustration
      Step up ties with M'sian firms, Anwar urges
      453 2  -  By Yang Razali Kassim SINGAPORE'S private sector should be more involved in the Malaysian economy, Malaysian Deputy Prime Minister Anwar Ibrahim said yesterday. Speaking here at a tea reception attended by Singaporean businessmen and senior private sector executives. Mr Anwar said business
      453 words
    • Article, Illustration
      Lock icon Delco expanding in Asia-Pac region with new urgency
      319 2 VEHICLE electronics maker Delco officially opened its Asia-Pacific regional headquarters in Singapore yesterday. The president of Delco Electronics Asia/Pacific. Thomas Sheehan. said: "With the establishment of Delco Electronics Asia/Pacific, we are expanding our sales and engineering capabilities in the region with a
      Photo by Arthur Lee  -  319 words
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      256 2 Protect Your Computer Investment. Buy An Epson. EPSON You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and
      256 words
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  • THE REGION
    • Article, Illustration
      Mustapha Harun resigns from KL Cabinet and Umno
      363 3  -  From Leslie Lopez in KUALA LUMPUR MUSTAPHA Harun, one of the most flamboyant and powerful politicians in the re-source-rich east Malaysian Sabah state, resigned yesterday from Prime Minister Mahathir Mohamad's Cabinet and the ruling United Malays National Organisation party. Old and frail,
      363 words
    • Article, Illustration
      Rafidah urges Asean private sector to lead in regional cooperation projects
      377 3  -  From Loh Hui Yin in BANGKOK ASEAN companies, rather than governments, should take the lead by investing in sub-regional cooperation schemes, says Malaysia's Minister for International Trade and Industry, Rafidah Aziz. "Now the private sector moves behind," she told
      377 words
    • Article
      Indonesia to host Asian infrastructure development forum
      307 3  -  From Maggie Ford in JAKARTA INDONESIA is to host a major world conference later this year on infrastructure development in Asia in an effort to boost private sector involvement and to establish a framework for cooperation on big projects. The conference, backed by
      307 words
    • Article
      Political row over UK govt's alleged aid-for-arms deal with Malaysia
      491 3  -  From Neville Stack in LONDON A POLITICAL row, alleging deceit and double standards, has broken here over the British government's aid for the Pergau dam project in Malaysia. Prime Minister John Major has admitted over-ruling an official's advice not to
      491 words
    • Article, Illustration
      Lock icon US tells China to show solid progress in human rights
      482 4 AP BEIJING US Treasury Secretary Lloyd Bentsen said yesterday he told Chinese officials that they must show concrete progress in human rights to retain their low-tariff trade status. "I think there can be no illusion about that," Mr Bentsen told
      AP; Reuter  -  482 words
    • Article
      Lock icon Beijing confident of pushing inflation below 10pc
      420 4 Reuter BEIJING Top Chinese economic officials promised yesterday to push inflation below 10 per cent this year despite mounting inflationary pressure as economic reforms accelerate. Wang Shiyuan. secretarygeneral of the State Commission for Restructuring the Economy, told a news conference that strong demand
      Reuter  -  420 words
    • Article
      Lock icon Machinery industry to be China's mainstay
      267 4 AFP BEIJING China's machinery industry, which recorded a 24.6 per cent increase in output last year, will account for one third of the country's industrial output by 2010. it was reported yesterday. According to Minister of Machine Industry He Guangyuan. the sector yielded 35.2
      AFP  -  267 words
    • Article
      Lock icon Chaebol's choice gives glimpse of S Korea's industrial future
      335 4 AFP SEOUL South Korean business conglomerates urged to streamline their activities to make them more competitive in the leaner post-Uruguay world have chosen the fields in which they want to specialise. The top 10 conglomerates or chaebol as they are known
      AFP  -  335 words
    • ASIA NOTES
      • Article
        Lock icon China looking for Philippine tie-ups
        90 4 AFP MANILA A business mission led by a son-in-law of Chinese leader Deng Xiaoping called on President Fidel Ramos here yesterday as part of a visit to explore investment opportunities in the Philippines. Wu Jiang Chang, vice-president of the China National Nonferrous Industries Corp, told
        AFP  -  90 words
      • Article
        Lock icon Manila speeding passage of tax bills
        76 4 Reuter MANILA The Philippine Congress has agreed to speed up the passage of 12 priority tax measures, including freeing the entry of foreign banks and investments, to give the economy a boost. Executive secretary Teofisto Guingona said in a statement that the other priority
        Reuter  -  76 words
      • Article
        Lock icon Hosokawa caught in Sagawa scandal?
        99 4 UPI TOKYO Japanese Prime Minister Morihiro Hosokawa yesterday indirectly admitted that part of a loan he took out from the scandal-plagued Sagawa Kvubin trucking firm in 1982 was used to help him gear up for a political campaign. Mr Hosokawa made his remarks in a
        UPI  -  99 words
      • Article
        Lock icon China raising loans to rural industry
        82 4 Bloomberg Business News BEIJING China will increase the share of loans allotted to rural industry this year. Chen Yaobang. vice-director of the State Planning Commission, wrote in a commentary. The development of rural industry is crucial to absorb the 100 million surplus workers in
        Bloomberg Business News  -  82 words
    • Article
      Lock icon Hosokawa agrees to last-ditch talks to strike reform deal
      517 5 Reuter TOKYO Prime Minister Morihiro Hosokawa agreed yesterday to meet the head of Japan's biggest opposition party in a last-ditch effort to strike a deal on long-promised political reform bills. Mr Hosokawa's ruling coalition agreed to the talks, delaying a reform
      Reuter  -  517 words
    • Article
      Lock icon US lifts threat as Japan opens construction market
      302 5 Bloomberg Business News WASHINGTON US Trade Representative Mickey Kantor lifted the threat of sanctions against Japan after Japanese officials agreed to reform their country's public works construction market. "They not only satisfied our concerns; they deserve recognition and praise," Mr Kantor said
      Bloomberg Business News  -  302 words
    • Article
      Lock icon Limit India's trade deficit to 1pc of GDP: central bank
      267 5 Reuter BOMBAY India should restrict its current account deficit to no more than one per cent of gross domestic product, Reserve Bank of India governor Chakravarty Rangarajan said. "Our country should move towards reaching a level of current account deficit
      Reuter  -  267 words
    • Article
      Lock icon China calls on US to lift satellite ban
      334 5 UPI BEIJING China, signing a contract to launch its first US satellite since US sanctions last year, has called on Washington to lift the ban completely. The launch announcement comes as US officials said they would not allow further satellite sales until
      UPI  -  334 words
    • Article
      Lock icon Taiwan to open operation centre to attract investors
      140 5 AFP TAIPEI President Lee Teng-hui has said Taiwan will open an Asia-Pacific operation centre to attract foreign and local investment, a presidential office representative said yesterday. Mr Lee also warned Taiwan businessmen to be careful in investing in the mainland because the
      AFP  -  140 words
    • Article, Illustration
      Lock icon Mass transit
      43 5 Reuter TONGI, Bangladesh An overcrowded train tearing with Muslim devotees who attended a three-day Islamic congregation, Biswa Ijtema, which ended on Monday nt this northern suburb of Dhaka. The Ijtema is Islam's second biggest gathering after the Hal in Mecca. Renter
      Reuter  -  43 words
    • Article
      Lock icon Japanese panel raps target-based trade
      206 5 Reuter TOKYO A Japanese government panel said it opposed the use of numerical taigets as a way to boost imports. "Setting up numerical targets is a practice to ensure a share, so that is the same as 'dango' or a kind of cartel," panel chairman
      Reuter  -  206 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Lock icon A gamble foreign banks find hard to resist
      936 6 Banking and finance in China FT HONGKONG Angelina Fung lives in Shanghai in a five-star hotel which she says might as well have 500 stars for all it can compensate for the apartment and lifestyle she gave up in Hongkong. The hotel
      FT  -  936 words
    • Article
      Lock icon Dawn of the D-I-Y forex traders
      623 6 Reuter SHANGHAI From a hotel bedroom stacked with electronic wizardry, one of Shanghai's young investment hot-shots plays the international currency markets. Living on room service, and sleeping in snatches, he tracks the foreign-exchange markets from Tokyo to London and on to New York. As
      Reuter  -  623 words
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      343 6 "Pioneering the Multimedia Explosion!" Digital Multimedia Leader! I Blaster Pro, AdLib, Covox Speech Thing and Disney I Sound Galaxy Audio products from Sound Source. With Aztech you also get greater gives you unequaled software and CD-ROM Drive compatibility digital multimedia advantages. including SCSI upgrade. In addition to all this, you
      343 words
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      225 6 I- fc J THE UNIVERSITY OF HULL England 1927 g"OVIt 100 GMs, MOs, CEOs tlltUT M THE KOBMMME!" MBA I CLOSING DATE: 18 FEBRUARY 1994 First to offer TQM and a Systems Approach to Creative Problem Solving the management philosophy of the 1990s First to offer Entrepreneurship as a core
      225 words
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  • THE WORLD
    • Article
      Lock icon US pressures Canada on grain shipments
      408 7 AP WASHINGTON The Clinton administration is increasing pressure on Canada to limit its grain shipments into the United States amid protests from US farmers who fear unfair competition. The US International Trade Commission opened an investigation on Tuesday into imports of durum wheat in
      AP  -  408 words
    • Article
      Lock icon Death toll in Los Angeles quake rises to 40
      279 7 AP LOS ANGELES The death toll in Monday morning's devastating earthquake rose to 40 late on Tuesday as waves of aftershocks continued to jolt Southern California. A day after the tremor, tens of thousands of frazzled and displaced residents turned their
      AP  -  279 words
    • Article
      Lock icon Budget measures push British inflation higher
      287 7 Reuter LONDON British inflation jumped to 1.9 per cent in December from 1.4 per cent in November, partly because of an increase in tobacco and other taxes in the November Budget, the Central Statistical Office (CSO) said yesterday. The CSO also released figures showing
      Reuter  -  287 words
    • Article
      Lock icon Industrial output to firm up: Bank of France
      219 7 AFP PARIS French industrial output continued a recovery noted in November but is likely to stabilise during the next few months, the Bank of France said -in its monthly report on Tuesday. The report was based on the opinions of company leaders
      AFP  -  219 words
    • WORLD WATCH
      • Article
        Lock icon Crime cost UK retailers £2b in '93: survey
        88 7 Bloomberg Business News LONDON UK retailers lost £2 billion (SS4.B billion) last year from crime, reducing their profits by 23 per cent, the Financial Times reported yesterday, citing a survey from the British Retail Consortium. The BRC, which represents 90 per cent
        Bloomberg Business News  -  88 words
      • Article
        Lock icon US in bid to boost business abroad
        139 7 Bloomberg Business News FRANKFURT The US government kicked off a series of initiatives collectively dubbed "Showcase Germany", to integrate more closely its foreign and commercial policies in support of US business abroad, the Wall Street Journal Europe reported yesterday. US Ambassador to Germany
        Bloomberg Business News  -  139 words
      • Article
        Lock icon US official removed from key UN post
        71 7 AFP UNITED NATIONS The highest-ranking US official at the United Nations has been removed from her job after disagreements with Secretary-General Boutros Boutros-Ghali, officials said on Tuesday. Mr Boutros-Ghali refused to renew the one-year contract of Melissa Wells, who held the title of
        AFP  -  71 words
      • Article
        Lock icon Lebanese PM scores major victory
        128 7 AFP BEIRUT Lebanon's billionaire Prime Minister Rafic Hariri has scored a major victory after the successful financial launching of a disputed project to rebuild Beirut's war-shattered city centre. The prime minister, whose appointment 15 months ago was seen as a first step to restoring confidence
        AFP  -  128 words
    • Article
      Lock icon Bonn unveils plan to open up labour market, stem unemployment
      402 8 FT BONN Germany's governing coalition on Tuesday unveiled a far-reaching programme of measures intended to deregulate the labour market, promote new businesses and stem the rising tide of unemployment. Key measures include the legalisation of private employment agencies to end
      FT  -  402 words
    • Article
      Lock icon European Commission takes Italy to court over stock exchange rules
      281 8 FT BRUSSELS The European Commission has finally lost patience with the Italian government and opened a European Court case against Rome, for failing to change discriminatory stock exchange rules. Last June, Brussels promised to take action in the European Court
      FT  -  281 words
    • Article, Illustration
      Lock icon Too cold for comfort
      51 8 Reuter CHICAGO Photographer Michael Gustmfson taking a picture of the Chicago skyline as fog caused by extreme cold temperatures rose off Lake Michigan on Tuesday. The temperature, which plunged to -29 C, caused many schools to close and led to power cuts from snapped power lines.
      Reuter  -  51 words
    • Article
      Lock icon Bundesbank rejects rate cuts to spark recovery
      418 8 FT BONN The German Bundesbank has rejected calls for a more aggressive policy of interest rate cuts to promote economic recovery, insisting that its money supply target for 1994 would leave ample room for growth. The central bank also ruled out any early
      FT  -  418 words
    • Article
      Lock icon Canadian government to focus on jobs, growth
      277 8 Reuter OTTAWA Canada's recently elected Liberal government said its priorities were job creation and economic growth in the agenda-setting speech from the throne given on Tuesday to mark the opening of Parliament. It also promised measures to bring the federal debt and deficit
      Reuter  -  277 words
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      125 8 The readers of Executive Travel, the UK's Emirates also won: 3r "Best Long Haul Carrier" leading authority on business travel, have voted H "Best In-flight Food and Drink" Emirates "Airline of the Year 1994". Our 49th "Best In-flight Enteitainmenf' "Best Carrier to the Middle East" rJf award in 8 years
      125 words
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  • SPORTS
    • Article, Illustration
      Lock icon Sampras struggles against unknown Russian teenager
      796 9 Australian Open AFP MELBOURNE Pete Sampras was taken to the brink at the Australian Open by a Russian teenager playing in only his second Grand Slam tennis tournament. Sampras, the US Open and Wimbledon champion, took three hours, 20 minutes to beat 19-year-old Yevgeny
      AFP  -  796 words
    • Article, Illustration
      Lock icon Courier may stay out of Grand Slam Cup
      379 9 AFP MELBOURNE The Grand Slam Cup, providing staggering riches to its participants, is coming under pressure with last year's champion Michael Stich and world No 3 Jim Courier wanting no part in it. Stich vowed here on Tuesday he would never play
      AFP  -  379 words
    • Article
      Lock icon Cowboys' balanced attack marks biggest test yet for 49ers
      482 9 AP SANTA CLARA, California Missed tackles. Blown assignments. Hand-wringing by a coach who questioned whether his defence could do anything right. Then, just like that, San Francisco's defence turned itself around. The unit played its best game of the year last
      AP  -  482 words
    • Article, Illustration
      Lock icon Leconte faints on court
      295 9 AFP MELBOURNE Frenchman Henri Leconte was in hospital under observation here yesterday after collapsing and dramatically forfeiting his second round match at the Australian tennis Open. The popular 30-year-old lefthander suffered from heat exhaustion, according to the doctor who treated him for several minutes on court
      AFP; Reuter  -  295 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Athletics
        134 9 AFP LONDON British athletics promotions officer Andy Norman is to face an inquiry into allegations that he blackmailed Sunday Times journalist Cliff Temple, who committed suicide. The British Athletics Federation (BAF) investigation will be internal, despite a demand from the British Athletics Writers' Association (Bawa) that it should be
        AFP  -  134 words
      • Article, Illustration
        Lock icon Basketball
        97 9 Reuters AFP NEW YORK NBA Tuesday: Miami 124 LA Clippers 126; Houston 83 Boston 95; Milwaukee 123 Detroit 91; Denver 103 Portland 104 (OT): Phoenix 113 Dallas 103: Seattle 103 LA Lakers 88. ATLANTA, Georgia Dominique Wilkins. who has played his entire 12-year career here, hinted on Tuesday he
        Reuters; AFP  -  97 words
      • Article, Illustration
        Lock icon Golf
        250 9 AFP Reuter AP PALM BLACH, Florida Jack Nicklaus plans to expand his playing schedule this year after winning a California tournament earlier this month. Nicklaus won the seniors portion of a tournament on Jan 9 at LaCosta. California. He plans to return to competition at the Senior Skins Game
        AFP; Reuter; AP  -  250 words
      • Article, Illustration
        Lock icon Ice hockey
        32 9 Reuter NEW YORK NHL Tuesday: NY Rangers 4 St Louis I: Ottawa 4 Edmonton 3 (OT>: Quebec 6 Pittsburgh 3; Toronto 3 Anaheim 3 (OT): Dallas 5 LA 3. Reuter
        Reuter  -  32 words
      • Article, Illustration
        Lock icon Tennis
        237 9 Reuter MELBOURNE Australian Open third day Wednesday Men's singles, 2nd Rd: Grant Stafford (SA) b Emilio Sanchez (Spn) 6-1 6-2 6-2: Paul Haarhuis (Neth) b Jonathan Stark (US) 6-2 6-4 6-4: Jim Courier (US x 3) b Marcos Ondruska (SA) 6-1 6-4 6-4; Brent Larkham (Aust) b Amos Mansdorf
        Reuter  -  237 words
      • Article, Illustration
        Lock icon Yachting
        130 9 AP SOUTHAMPTON, England The third leg of the Whitbread Round the World Race appeared on Tuesday to be headed (or the yachting equivalent of a photo finish with just eight nautical miles separating the front four boats. Winston, skippered by Dennis Conner, continued to lead the fleet as it
        AP  -  130 words
    • PASSING SHOTS
      • Article
        Lock icon Stich has fastest serve
        108 9 AFP FIRST-ROUND CASUALTY Michael Stich has docked the fastest serve so far at the Australian Tennis Open. A serve by the world No 2 during his four-set loss to American MaliVai Washington on centre court on Tuesday was timed by a radar gun at 206kmph. Behind
        AFP  -  108 words
      • Article
        Lock icon A$46m upgrade
        110 9 AP MORE THAN AS46 million (5548.3 million) is to be spent on upgrading the National Tennis Centre home of the Australian Open. The Victoria state government announced that two new stadium courts and seven more match courts will be added to the complex, which is on a former
        AP  -  110 words
      • Article
        Lock icon On cloud nine
        116 9 AP AUSTRALIAN WILD-CARD ENTRANT Brent Larkham had trouble coming down from his straight-sets victory yesterday over 27th-ranked Amos Mansdorf of Israel. "My hands were shaking when 1 tried to sign autographs after the match," said a beaming Larkham. "This is the best day of my life. I
        AP  -  116 words
      • Article
        Lock icon Davis Cup woes
        82 9 AP AUSTRALIAN PLAYERS ARE GROWING increasingly concerned because they still do not have a Davis Cup captain. Former captain Neale Fraser resigned at the end of last year and Tennis Australia, the sport's governing body, says it will announce a replacement some time during the Australian Open.
        AP  -  82 words
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      133 9 The choice of scholars Timed for publication in midFebruary, when students awaiting their GCE results begin to enquire seriously about the scholarship opportunities available, the Scholarship Guide *94 is the ideal medium for organisations to reach aspiring scholars. The Guide enables major public and private sector organisations to advertise their
      133 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Seeing Schindler's gist
      752 11  -  If one were to remove the Spielberg factor from Sehindlers List, would the film evoke the same emotions from the audience? Caryn James ponders the problem Caryn James NYT IF you've read even a fraction of what has been written about Schindler's List, you might be led
      NYT  -  752 words
    • Article, Illustration
      Lock icon Is Princess Masako pregnant?
      368 11 CHAllUtoux Reuter UPI UPI UPI JAPANESE tabloids speculated that Crown Princess Masako, 30, might be pregnant after she abruptly cancelled two public appearances yesterday, the first anniversary of her engagement to Crown Prince Naruhito. The daily Nikkan Sports said the official court explanation that Masako had
      Reuter; UPI  -  368 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      180 11 GENUINE taste OFTTALY. Come and dine at Pasta Fresca. Let our wide range of authentic Italian pasta, pizzas, ice-cream and cappuccino thrill you. And of course, don't miss our most-talked about dessert, Tiramisu. PASTA FRESCA DA SALVATORE PTE LTD BLK 833 #01-03 ROYALVLLE BUKIT TIMAH ROAD SINGAPORE 1027 TEL 4fli
      180 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1277 11 I M mnHlft j tnm Ik* Co* 12.ltaa.SSCS Jonah gets bored after retiring spends his days looking j^HSj^m homeless animals his wife But he discovers his true calling when he experi- ■HB Vg^^H ences the taxidermy. KPM siMt u km, s.oopm, sac s |fi| Sidney Poitier FBI agent Warren Stanton
      1,277 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Genelabs embarks on lab-on-a-card project
      829 12  -  Local researchers are developing a credit card-sized test kit that can diagnose multiple ailments. Nicholas Fang reports Nicholas Fang A DOCTOR needs to carry out a series of tests on a patient. He takes a single drop of blood from his patient and places it
      829 words
    • IN TAKES
      • Article
        Lock icon Making arteries grow
        81 12 AP FLORIDA An experimental drug has boosted the growth of new coronary arteries by SO per cent in animals, and could provide a new way to treat clogged arteries that cause heart attacks, a researcher said on Monday. Human trials of the drug could begin in a
        AP  -  81 words
      • Article, Illustration
        Watch with the magic touch
        98 12 SINGAPORE Move over, Swatch. The Swiss have come out with another innovative timepiece. Touted the timepiece of the 21st century, the "Magic Touch" watch allows the user to set and change the time by simply pressing on the surface crystal of the watch-face. "Magic Touch",
        98 words
      • Article
        Lock icon Neutralising nuclear waste
        61 12 Reuter PARIS French scientists said on Saturday they had found a way of cutting the radioactivity and volume of nuclear waste by ridding it of caesium, one of its most toxic and long-lived elements. Researcher Jacques Vicens told French television his team had discovered a molecule called
        Reuter  -  61 words
      • Article
        Lock icon Be careful with that sunscreen
        69 12 NYT WASHINGTON Sunscreen preparations that keep beach-go-ers and other outdoors enthusiasts from becoming "sunburned" may offer no protection at all against melanoma, the deadly and rapidly spreading form of skin cancer. Cancer researchers at Anderson Cancer Centre in Houston say experiments with mice suggests exposure
        NYT  -  69 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      871 12 A Landmark Programme On Payments And Settlement Systems Banque Asia '94 9th Annual Consulton Conference: March 22-24,1994; Singapore With the financial and securities markets booming in Asia, the subject of The BANQUE ASIA "94 conference comprises some 30 plenary sessions, payments and settlements takes top priority. Banks which offer payment
      871 words
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  • THE LAW PAGE
    • Article
      Lock icon Stumbling block on US info super highway
      640 13 Decree that broke up monopoly of AT&T Bloomberg Business News THE biggest road block on the information super highway in the United States isn't tough science that no one can crack or an overloaded fibre-optic circuit. It's the nine-page legal document that broke
      Bloomberg Business News  -  640 words
    • Article, Illustration
      Women top bar exams for third year
      540 13  -  AT THE BAR By Ramesh Divyanathan MALE lawyers accustomed to dominating the profession had better wake up to the challenge of younger women lawyers. For the third year running, women have topped the Singapore equivalent of the Bar exams the Practical Law Course
      540 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      111 13 10TH JETRO IMPORT FAIR ,fTBO,MPOt l fISURI A RICPf ATION 94 An international exhibition of leisure goods that offers you excellent business opportunities Leisure Recreation 94, the 10th Import Fair organized by JFTRO, is Japan's only fair that exhibits new sporting and leisure goods from Europe, North America and Oceania
      111 words
    • Advertisement
      Page 13 Advertisements Column 2
      175 13 CHRONOSWISS Fascination of Watchmaking Investing in time. There are objects which reflect your cultivated lifestyle to perfection. Classic mechanical-movement wristwatches are among them. Watches by Chronoswiss are masterworks of traditional, high-precision, mechanical hand-made artistry. Their timeless, functional design is seductive. Hand-finished, individually numbered watches will retain their value and will
      175 words
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  • Article
    Lesson in finetuning medical perks
    574 14 EDITORIAL AFTER all the debate, some of it quite heated, in Parliament over the last few days about civil servants' revised pay and medical perks, at least one thing must have been made clear to employers who would have been watching the proceedings with more
    574 words
  • WHAT THE OTHERS SAY
    • Article
      Russia is not for hustling
      181 14 IN ONE SENSE, President Bill Clinton's visit to Moscow could not have been better timed. Though this may not have been immediately apparent, he was there in the midst of a political crisis that could have a profound impact on Russia's domestic life as well
      181 words
    • Article
      Invest with care
      194 14 THE Stock Exchange of Singapore has taken a bold step by opening up 133 sales centres at banks and broking houses. The move will give more people direct access to the market, making them less dependent on brokers. In fact, this is the very reason for having
      194 words
    • Article
      Not a greater burden
      227 14 THE PRINCIPLE of the health care scheme designed by the government is that everyone should be responsible for his own health and should bear part of the cost of his medical expenses. This is to avoid any overuse of health care services. With this in mind,
      227 words
    • Article
      'Democracy tax' not enough
      168 14 THE Finance Ministry's much-touted proposal for a "democracy tax" to finance political parties has run into a brick wall, even among the coalition parties. The Democrats seem to be the only coalition party which openly supports the ministry's proposal to set aside 100 baht per taxpayer
      168 words
    • Article
      Check the ships of shame
      148 14 DUMPING of toxic waste, sludge and oil in the busy Straits of Malacca should stop at once. If it is allowed to go on unchecked and without punitive measures being put in place, it will soon prove to be an environmental disaster of the first
      148 words
    • Article
      Push for peace in Manila
      122 14 ENDING Asia's last serious communist insurgency is proving a tough job for the Philippines. Although the war against the Maoist insurgents has effectively been won. President Fidel Ramos and his government have also tried to finish it. But after more than a year of discussions
      122 words
  • Article, Illustration
    Reliance relishes the competition
    585 14  -  The joint MD of India's largest company talks to Nirmal Ghosh Nirmal Ghosh IN just 25 years, a one-time petrol pump attendant in the Middle East has built what is now India's largest company: Reliance Industries Ltd. Sixty-year-old Dhirubhai Ambani built it through a mix of
    585 words
  • Page 14 Advertisements
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      92 14 v4 R V»N6 f\ SPOT OF UROUBuC GOOD A u)\"W OUE invoice Nom&eE... V ue Be of ftsstsTfrNcc? —x*—^ 7// MV NRonc7 Z'/ IS B?»sTOW... 7 _>OaV C\ 1 yr\ C ASSOCIATED NCWVAmtS LTD, IM2'ltM f Ol<ft_ lW POONESBURY GARRY TRUDEAU '&**Z:yOUS&AIB-\ 6R£AT IP£A, RA.f ONE KSSH rT^Ttl^ HONK! WCrANTTOSHOUim
      92 words
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  • ANALYSIS
    • Article, Illustration
      Is a US-Vietnamese detente on the horizon?
      1338 15  -  Leon Hadar examines the compelling economic forces for the normalisation of relations between the United States and Vietnam, and the political resistance to such a move. In the accompanying article, Tye Kim Khiat discusses the growing Western realisation that East Asia, especially China,
      1,338 words
    • Article
      The West finds it must sacrifice principles for pragmatism
      1570 15 THIS wilKbe a crunch year for settling scores on human rights between East and West. The rhetoric emanating from the United States is getting shriller by the day. Obviously, the Clinton Administration has turned its human rights crusade into a cause
      1,570 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      54 15 fyps U'M'TBYAN charcoal yakinlki The First Smokeless Charcoal Japanese Barbecue In Town HMMMMMMMMMi 9H^ C«ntr»point Orchard Plaza Orchard Point, —> ORCHARD ROAD l^S5 S Business Hours SOMERSET ROAD g ROAD Lunch .UM mot action J wowK Dinner: 18:00 23:00 EXETER ROAD §L_«—EBER ROAD cSS»2 Cutw Killiney Rd 81-01 Winsland House
      54 words
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  • Article, Illustration
    Lock icon US trade deficit down 6.7pc to US$10b in November
    427 16 Bloomberg Business News, AP WASHINGTON The United States merchandise trade deficit narrowed 6.7 per cent in November to U5510,169 billion (5516.2 billion) as imports and exports slowed. The Commerce Department said yesterday that even with the improvement, the US was bound
    Bloomberg Business News,; AP  -  427 words
  • Article
    Lock icon US, Japan fail to reach agreement on semicon trade
    396 16 Reuter, AFP, AP TOKYO Japan and the United States failed to reach an agreement on semiconductor trade talks yesterday, Japanese officials said, adding that there was not much hope of ending the dispute before a February summit. "The negotiations were broken
    Reuter,; AFP,; AP  -  396 words
  • Article
    Lock icon Digital turns in bigger-than-expected loss of US$72m
    350 16 Reuter MAYNARD, Massachusetts Digital Equipment Corp yesterday reported a much big-ger-than-expected loss for the fiscal second quarter ended Jan as the struggling No 2 computer maker showed its recovery was far from complete. Digital reported a fiscal sec-ond-quarter loss of USS72.I pillion (SSI
    Reuter  -  350 words
  • Article, Illustration
    Lock icon Fydorov to remain as finance minister in new Russian cabinet
    514 16 Reuter MOSCOW Reformer Boris Fyodorov retained the post of finance minister in a new Russian cabinet agreed between President Boris Yeltsin and Prime Minister Viktor Chernomyrdin. Interfax news agency said yesterday. It said Alexander Shokhin, a moderate reformer, was named
    Reuter  -  514 words
  • Article, Illustration
    'Tis a heavy workload indeed at the top
    859 16  -  The Bottom Line NEVILLE STACK NEVILLE STACK The writer is a UK-based journalist who contributed this commentary to BT IN THE adversarial system of politics, the "loyal opposition" has a responsibility to constantly test and challenge the government. And. if found wanting,
    859 words
  • Article
    Lock icon Yugoslavia, Croatia sign landmark accord
    230 16 Reuter GENEVA Yugoslavia and Croatia signed a landmark accord yesterday to start normalising their relations almost three years after Zagreb's split from the old Yugoslav federation. The agreement, signed by foreign ministers of the two states on the sidelines of Bosnian peace talks, appeared to
    Reuter  -  230 words
  • Article
    Lock icon Italy's Christian Democrats split up
    373 16 Reuter ROME Italy's scandalscarred Christian Democrats, in government for SO years and facing oblivion in landmark March elections, split apart on Tuesday when dissidents walked out to form their own party. The schism by neo-centrists was timed to perfection on the day the rump Christian
    Reuter  -  373 words
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  • COMPANIES & MARKETS
    • Article
      Jurong Engrg proposes share placement to raise $36.2m
      369 17  -  By Rahita Elias SINGAPORE Jurong Engineering Ltd, whose shares were suspended from trading yesterday, will raise about $36.2 million from a proposed share placement. A Jurong Engineering spokesman told Business Times yesterday that most of the money would be channelled to fund
      369 words
    • Article
      Lock icon Li Ka-shing group buys 5pc stake in KL Industries
      191 17 AFP KUALA LUMPUR Companies owned by Hongkong property tycoon Li Ka-shing have bought significant stakes in a listed Malaysian property stock, Kuala Lumpur Industries Bhd (KLI), a local daily reported yesterday. The S per cent stake is said to have been
      AFP  -  191 words
    • Article
      Amcol acquires remaining stake in unit
      202 17 SINGAPORE Amcol Holdings signed an agreement on Monday to acquire the remaining 49 per cent stake in its subsidiary Amcol-SEI Warehouse for $16.9 million. It is buying 9.8 million shares of Si each from Science and Engineering Investment Pte Ltd. The acquisition is on
      202 words
    • Article
      Lock icon Malaysian brokers, remisiers told to be more responsible to investors
      315 17 Bernama KUALA LUMPUR Stockbrokers and remisers must be more responsible and professional when executing orders for clients who are keen to invest in the stock market, said Minister of Domestic Trade and Consumer Affairs Haji Abu Hassan Bin Haji Omar.
      Bernama  -  315 words
    • Article
      Lock icon Lingui announces bonus issues and acquisitions
      267 17 Bernama KUALA LUMPUR Lingui Developments Bhd has proposed a bonus issue and several acquisitions. The bonus issue of up to 127.844 million new ordinary shares of SO sen each is on the basis of two ordinary shares for every three existing ordinary shares held.
      Bernama  -  267 words
    • Article
      Sime Darby — a good value buy in these uncertain times
      758 17  - Sime Darby a good value buy in these uncertain times HOCK LOCK SIEW By William Chia SINGAPORE The dire predictions and current volatility rocking the Kuala Lumpur bourse will cause many investors to abandon highly speculative counters in favour of blue chips. One company that will benefit from this search
      758 words
    • Article
      1993 a super bull year, with STII hitting 54 new highs
      453 17  -  By Quak Hiang Whai SINGAPORE Last year was a "super bull" year for the local stock market, with the Straits Times Industrials Index posting 54 new highs. On the combined board, 66.4 billion shares worth 5127.8 billion changed hands
      453 words
    • Article
      Lock icon Syndicates manipulating certain counters in KLSE: fund managers
      213 17 Bernama KUALA LUMPUR Foreign fund managers believed there were certain groups of market players with enough financial muscle manipulating selected counters on the Kuala Lumpur Stock Exchange. They may have used some remisiers to manipulate the local bourse during the bull run,
      Bernama  -  213 words
    • Article, Illustration
      Lock icon SUMMARY
      290 17 Source: Bridge Info Performance of Sill's latex stocks Jan 19 Lax Snk lain Stock solt Ckcc factor oowi Awmo 2.2(0 -0030 1.45 -1.92 car 8.000 ojso s 10 22.44 CWT 3 040 0.020 1.94 I 28 Cercbos 7 450 0.500 4.75 32.05 FAN 16 500 0.100 1051 6.41 Gen
      Source: Bridge Info  -  290 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Superior Metal lists new shares today
          43 18 SINGAPORE Superior Metal Printing says its new shares of 1.06 each will be listed this morning at 9 am. The placement is to finance the acquisition of 80 per cent of Beijing Huade Metal Packaging Container Co.
          43 words
        • Article
          Appointments at Sembawang Shipyard
          51 18 SINGAPORE Sembawang Shipyard has appointed Peter Chan Jer Hing, Permanent Secretary of the Home Affairs Ministry, and Peter Seah Lim Huat, president of Overseas Union Bank, to its board. The appointments took effect yesterday. Neither Mr Chan nor Mr Seah are directors of any Sembawang Shipyard
          51 words
        • Article
          Rotary incorporates Indon company
          70 18 SINGAPORE Rotary Engineering has incorporated a company in Indonesia. PT Rotary Mecom. It will provide consultancy services to the oil and gas and related industries. The new firm has an authorised capital of US$5OO,OOO (*****,000) and issued capital of USS3OO,OOO. Rotary Engineering will hold a 70
          70 words
        • Article
          Lim Kah Ngam buys Sinjori shares
          63 18 SINGAPORE Lim Kah Ngam yesterday bought 238,000 shares of 1 each in Sinjori Sdn Bhd for cash at par value. The purchase was done through LKN Development and Nirwana Properties Sdn Bhd. Sinjori is involved in property development. Nirwana is a wholly-owned subsidiary of
          63 words
        • Article
          Wing Tai to adjust 1994 warrants
          32 18 SINGAPORE Wing Tai Holdings says the exercise price of its 1994 warrants, now $1.98 per share, will be adjusted to $1.33 after a proposed rights issue.
          32 words
        • Article
          Lock icon Berjaya Sports group pre-tax up
          56 18 Bernama KUALA LUMPUR Beijaya Sports Toto Bhd chalked a group pre-tax profit of M 556.699 million (5533.5 million) on a turnover of M 5405.903 million for the six months period ended Oct 31, 1993. In the corresponding period of 1992, the group recorded a pre-tax
          Bernama  -  56 words
      • Article
        DIVIDENDS ANNOUNCED
        260 18 Payment Ex Books Pay date dose date AISB 50* b 5 Dcc 31 Jan 14 Jan 21 Asia Pacific F I8N Feb 9 Feb 15 Feb 23 Ccrcbos 25* b 41.6TE Feb 8 Feb 14 Mar 2 Ccnircpoint 50* F 2N Feb 2 Feb 8 Feb 18 Cilv
        260 words
      • Article
        UNIT TRUSTS & FUNDS
        473 18 UNIT TRUSTS FUNDS MMH0HS' print Jan 20 Lmbood-t- 1.02 1.05 United Gr Fund! 1.63 1.70 smgapcr* unit Trust United Asia Fund 1.98 2.08The Commerce 1.76 1.85 NTUC kKHH The Savings Fund 1.65 1.73 o™r jaj jki S pore Pro» Fund 0.73 0.77 Income 801x1 Fo,lc > 464 481 S pore
        473 words
      • Article
        Lock icon M'sia needs second bourse, says investors' group
        467 18 Bernama KUALA LUMPUR Malaysia has come to a stage whereby a second stock exchange is needed to complement the existing Kuala Lumpur Stock Exchange (KLSE) to cope with the heavy volume of transactions, president of the Malaysian Investors' Association (MIA), PHS Lim said
        Bernama  -  467 words
      • Article
        Lock icon Bank of East Asia refutes comments on results
        220 18 Bloomberg Business News HONGKONG Responding to questions by analysts, the Bank of East Asia, Hongkong's third-biggest listed bank, said it did not shift funds from its reserves to prop up its 1993 profits. Banking analysts quoted in a Bloomberg Business News story
        Bloomberg Business News  -  220 words
      • Article
        Lock icon Barings picks Dhana Siam as new Thai affiliate
        319 18 Bloomberg Business News BANGKOK Baring Securities Co, a London-based broking house, yesterday officially switched its affiliate relationship in Thailand to Dhana Siam Finance Securities, ending a four-year tie-up with CMIC Finance Securities, said Haydn Meadows, a Barings executive based here. Barings, one
        Bloomberg Business News  -  319 words
      • Article, Illustration
        Lock icon Tokyo stocks regaining allure with Western fluid managers
        969 18 MARKET Bloomberg Business News TOKYO Japanese equities are regaining some of their allure in the eyes of US and European fund managers, who see a recovery in coming months and little risk of significant decline before the next rally takes hold. Japan
        Bloomberg Business News  -  969 words
      • Article
        HK Telecom's CEO dies day before he announces successor
        311 18  -  From Catherine Ong in HONGKONG HONGKONG Telecom's chief executive. Michael Gale, died suddenly of a heart attack yesterday, a day before he was to announce Linus Cheung, executive director of Cathay Pacific Airways, as his successor. Mr Gale. 53, was recovering
        311 words
      • Article
        Lock icon Simon Heale to replace Linus Cheung at Cathay Pacific
        134 18 Reuter HONGKONG Cathay Pacific Airways Ltd said its deputy managing director Linus Cheung was leaving to become chief executive of Hongkong Telecommunications Ltd. A Hongkong Telecom spokeswoman confirmed the move. Mr Cheung would be replaced by Simon Heale. who is about
        Reuter  -  134 words
      • Article
        Lock icon Tan Chong to study manufacturing facilities in Sarawak
        365 18 Bernama KUALA LUMPUR Tan Chong Motor Holdings Bhd's wholly-owned subsidiary, TC Motors (Sarawak) Sdn Bhd has entered into a Memorandum of Understanding with Sarawak Electricity Supply Corporation and Central Paragon Sdn Bhd to explore the feasibility of manufacturing facilities in Sarawak. This
        Bernama  -  365 words
      • Article
        Lock icon Thai Carbon Black in 500m baht venture to build plant
        245 18 Bloomberg Business News BANGKOK Thai Carbon Black Co, a locally-listed affiliate of India's giant Birla Group, has formed a joint venture to build and operate Thailand's first sodium sulphite factory, said SS Mahansaria. the company's executive director. The 500 million
        Bloomberg Business News  -  245 words
      • Article
        Lock icon Hanwa posts 120b yen extraordinary loss
        500 20 Aggressive Japanese market speculator hit by failed securities investments Bloomberg Business News TOKYO Japanese trading company Hanwa Co, one of corporate Japan's most aggressive currency and stock market speculators, will report a 120 billion yen (S$ 1.7 billion) extraordinary loss, thanks to failed securities
        Bloomberg Business News  -  500 words
      • Article
        Lock icon Prudential Sec to pay US$1.5m Texas fine
        250 20 Reuter NEW YORK Prudential Securities has agreed to pay a US$l.5 million (552.4 million) fine and temporarily suspend all new business in Texas to settle charges of widespread fraud at the firm, the New York Times reported on Tuesday. It quoted industry experts
        Reuter  -  250 words
      • Article
        Lock icon HK's Kumagai interim profit up 35.6pc
        330 20 Bloomberg Business News HONGKONG Construction and property company Kumagai Gumi (Hongkong) Ltd said its net profit rose 35.6 per cent as its construction businesses across the board flourished in the first six months of last year. In a written statement on Tuesday, the company
        Bloomberg Business News  -  330 words
      • Article
        Lock icon Honeywell shares slip on forecast of profit fall
        268 20 Bloomberg Business News MINNEAPOLIS Honeywell Jnc's share price fell 2.6 per cent yesterday after the company posted higher fourthquarter earnings but predicted a 10 per cent earnings decline for 1994. The stock closed down at 32%. About one million shares changed hands,
        Bloomberg Business News  -  268 words
      • Article
        Lock icon Thyssen Industrie net profit plunges 85pc
        291 20 Bloomberg Business News ESSEN, Germany Thyssen Industrie, the car parts and capital goods unit of German steel giant Thyssen AG, said net profit plunged 85 per cent last fiscal year because of the cost of laying off staff and the recession in the German
        Bloomberg Business News  -  291 words
      • Article
        Lock icon Intel 4th qtr earnings lower than expected
        158 20 Reuter NEW YORK Intel Corps fourth quarter earnings surprised analysts as new manufacturing plants produced low-er-than-expected margins. Earlier, Intel reported operating earnings of US$l.3l a share before a non-recurring gain of US$27 million (5543.2 million). Wall Street analysts had been expecting about US$l.39-$
        Reuter  -  158 words
      • COMPANY BRIEFS
        • Article
          Lock icon Japan dealers revise issue rules
          82 20 Reuter TOKYO The Japan Securities Dealers Association (JSDA) has revised its rules to allow public share offerings to resume from yesterday. The revision follows deregulation plans unveiled by the Finance Ministry last month which laid down eligibility criteria for firms that want to make public
          Reuter  -  82 words
        • Article
          Lock icon Lippo arm's shopping list
          84 20 Reuter HONGKONG Lippo Ltd said its property investment arm, Hongkong China Ltd, would buy 12 office floors and 24 car-park spaces in the National Mutual Centre in Hongkong's Wan Chai district for HKSI.2I billion (Ss2sl million). The properties are being bought from National Mutual Centre (HK),
          Reuter  -  84 words
        • Article
          Lock icon Peregrine sells HSBC call warrants
          72 20 Reuter HONGKONG Peregrine Derivatives is selling two-year covered call warrants on 14 million existing shares in international banking group HSBC Holdings. Peregrine says it is issuing 140 million warrants at HK53.08 each. The warrants will be convertible to HSBC shares at a ratio of 10
          Reuter  -  72 words
      • Article
        Lock icon Chrysler earns record US$777m in 4th quarter
        275 20 AP HIGHLAND PARK, Michigan Chrysler Corp earned a record USS777 million (SSI.2 billion) in the fourth quarter, outstripping industry estimates, it announced Tuesday. Chrysler's net income in the final three months of 1993 amounted to US$2.ll a share, compared with US$l.l2 a share,
        AP  -  275 words
      • Article, Illustration
        Lock icon Calvin Klein sells underwear business
        218 20 Bloomberg Business News NEW YORK Warnaco Group Inc said it agreed to buy Calvin Klein's worldwide men's underwear trademarks and business and its licence for men's accessories for US$64 million (Sslo2 million), plus additional fees. Warnaco also plans to acquire the worldwide trademarks for Calvin
        Bloomberg Business News  -  218 words
      • Article
        Lock icon McDonald's to repurchase US$1b of stock over 3 years
        228 20 Bloomberg Business News OAK BROOK, Illinois McDonald's Corp said it plans to buy back as much as USSI billion (SSI.6 billion) of its common stock during the next three years, primarily using excess cash flow. "We believe that common share repurchase
        Bloomberg Business News  -  228 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon BOJ rate cut just a matter of time, say analysts
        620 21 Reuter tKYO An unexpected rend in Tokyo stocks has taken immediate pressure ofT the Bank of Japan (BOJ) to ease its monetary grip, but analysts say another rate cut is inevitable. Analysts said yesterday the discount rate, already at a
        Reuter  -  620 words
      • Article
        Citibank's HK and China units post record profits
        372 21  -  From Catherine Ong in HONGKONG CITIBANK said yesterday it posted record profits last year for its operations in Hongkong and China, with net income 28 per cent higher than in 1992. Hongkong is one of Citibank's most profitable centres Worldwide, and contributed
        372 words
      • SMALL CHANGE
        • Article
          Lock icon Rate decisions shifting to BoE
          89 21 Reuter LONDON Decisions in interest rate cuts appear to be shifting away from the Chancellor of the Exchequer towards the Bank of England, a parliamentary committee said yesterday. But the Treasury Committee, in a report on the Nov 30 budget, warned that the significance of
          Reuter  -  89 words
        • Article
          Lock icon Insurer to pull funds from Banco Latino
          99 21 Bloomberg Business News CARACAS, Venezuela Venezuela's deposit insurance agency will pull its money from Banco Latino, seized by the government on Sunday, to compensate the bank's customers. The Fondo dc Garantias de Deposito said it will cash in a 17 billion bolivar (*****
          Bloomberg Business News  -  99 words
        • Article
          Lock icon First City settlement approved
          104 21 Reuter HOUSTON The First City Bancorp of Texas Inc said both its board of directors and the Federal Deposit Insurance Corp's board approved a preliminary settlement term sheet of litigation between it and regulators. The company said the term sheet provides that all depositors and creditors
          Reuter  -  104 words
        • Article
          Lock icon Aussie Chase Manhattan's record profit
          99 21 Reuter SYDNEY Chase Manhattan Bank Australia Ltd reported a record net profit of A 571.2 million (5579.74 million) for the 1993 calendar year compared with AS 13.2 million in 1992. "What was particularly good from the first to the second half is that the second
          Reuter  -  99 words
        • Article
          Lock icon Two Viet branches for Credit Lyonnais
          78 21 Reuter HANOI France's Credit Lyonnais became the first foreign bank to have two branches in Vietnam, one in each of the big cities, when it opened a branch in Ho Chi Minh City on Tuesday. Credit Lyonnais. which has had a branch in Hanoi
          Reuter  -  78 words
      • Article, Illustration
        Lock icon Coin marks courage
        62 21 Reuter LONDON A special 50-pence coin commemorating the 50th anniversary of the heroic World War II D-Day landings is given close attention by a Royal Mint worker. The coin is a tribute to Operation Overlord, which began just after midnight on June 6 1944, in the first
        Reuter  -  62 words
      • Article
        Lock icon Indian bank chief wary of fully convertible rupee
        344 21 AFP NEW DELHI India's central bank governor has warned of the risk of capital flight if the rupee is made fully convertible, but said the time had come for currency controls to be eased further. Chakravarty Rangarajan said the rupee could be
        AFP  -  344 words
      • Article
        Lock icon Japan's big banks hold huge restructured loans: report
        218 21 Reuter TOKYO Japan's six major commercial banks had 4.16 trillion yen (SS6O billion) in restructured loans as of endSeptember 1993, accounting for 3 per cent of their outstanding loans in Japan, the Nikkei daily reported. In Japan, bad loans are defined as
        Reuter  -  218 words
      • Article
        Lock icon China pins hopes on large bond issue to fight inflation
        415 21 First tranche worth 100b renminbi to be issued soon Reuter SHANGHAI China, battling its worst inflation in four years, is pinning its hopes on a large new bond issue to soak up excess liquidity and bring money supply under control.
        Reuter  -  415 words
      • Article
        Lock icon US$ to firm up against yen after Feb: survey
        309 21 Bloomberg Business News TOKYO The US dollar will be trading at a median 112.67 yen following the US-Japan summit next month, according to a survey of six foreign exchange traders and analysts. The dollar was trading at about 111 yen on
        Bloomberg Business News  -  309 words
      • Article
        S'pore $ to continue appreciating, says report
        298 21  - S'pore to continue appreciating, says report By Paul Leo SINGAPORE The Singapore dollar will continue to appreciate against most foreign currencies this year, according to a publication of the Stock Exchange of Singapore. In a research report in the January issue of SES Journal. Tan Ee Khoon and Jane Ng
        298 words
      • Article, Illustration
        Lock icon Westpac's turnaround strategy on track, say officials
        407 22 Bloomberg Business News SYDNEY Senior Westpac I Banking Corp officials said i their turnaround strategy is on i track and the bank's recovery < should be helped by an im- i proving national economy this i year. i "Economic conditions are likely to
        Bloomberg Business News  -  407 words
      • Article
        Lock icon Gulf to tap ballooning oil, gas demand from Asia-Pacific
        304 22 Reuter MANAMA Asian and Pacific Rim countries* demand for oil and gas from other regions will balloon by 2000, mostly benefiting the Gulf, oil analyst Fereidun Fesharaki said late on Tuesday. "The future of growth in... oil supply is lying in
        Reuter  -  304 words
      • Article
        Lock icon Top oil execs from UAE, Japan to discuss tie-ups and prospects
        495 22 AFP ABU DHABI Top oil executives from the United Arab Emirates (UAE) and its main economic partner, Japan, will meet here this month to discuss energy cooperation and prospects for demand in the Far East industrial giant, the Japanese
        AFP  -  495 words
      • Article
        Lock icon Indonesia has only 10 years of domestic oil: official
        178 22 AFP JAKARTA Indonesia's oil reserves were only enough to meet domestic demand for about a decade, the official Antara news agency quoted Mines and Energy Secretary General Umar Said as saying yesterday. Mr Said told a one-day private seminar on the
        AFP  -  178 words
      • Article
        Lock icon Japan to import over 50m tonnes of LNG by 2000
        294 22 Bernama BANDAR SERI BEGAWAN Japan will be importing more than SO million tonnes of liquefied natural gas (LNG) annually by the year 2000, according to a report published by Brunei Shell Petroleum. Japan imported more than 37 million tonnes of
        Bernama  -  294 words
      • Article
        Lock icon China to award new petroleum block
        223 22 Reuter SINGAPORE Tender results of a second Tarim block in China's oil-rich Xinjiang province will be announced by the end of this month. An official from China's Xinhua News Agency, Zhao Hong, said yesterday: "Another Tarim block is to be signed by this month."
        Reuter  -  223 words
      • Article
        Lock icon Producers confident of solving aluminium oversupply crisis
        264 22 Reuter BRUSSELS The world's leading aluminium producing countries are positive of finding a solution to the oversupply crisis, a European Union (EU) official said on Tuesday. A surge in Russian aluminium exports resulting from a collapse in domestic military demand combined with depressed
        Reuter  -  264 words
      • Article
        Lock icon Pasminco's interim lead, zinc output down
        210 22 Bloomberg Business News MELBOURNE Australian Icad-zinc-silver producer Pasminco Ltd said it dug up more ore but produced less zinc and lead in the six months ended Dec 31. Pasminco is one of the world's largest producers of lead and zinc. The company operates mines
        Bloomberg Business News  -  210 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        140 22 THE US$/majors underwent a correction, drifting lower overnight on technical factors as the market continued to maintain a sell on rally attitude yesterday. In the USS/SS market, good US$ buys at 1.6075 orders foiled attempts to sell in morning trade and the market corrected to
        140 words
      • Article
        Lock icon London
        194 22 Bloomberg Business News LONDON The dollar ended little changed against the deutschemark here and was stuck in a 0.6 pfennig range all day ahead of today's Bundesbank policymaking council meeting. It was capped at the 1993 high of 1.7480 marks. Selling of sterling after the UK retail sales report
        Bloomberg Business News  -  194 words
      • Article
        Lock icon Indonesia opens oil, gas fields for exploration
        210 22 AFP JAKARTA The state oil firm Pcrtamina yesterday announced the opening for exploration of several oil and gas fields this year and introduced a new incentive package for oil exploration in eastern Indonesia. "The government offers 12 fields for oil and gas exploration
        AFP  -  210 words
      • Article
        Lock icon New York
        83 22 AFP NEW YORK The dollar was mixed here yesterday morning, fluctuating within a narrow margin following the news that the US trade deficit in November was smaller than expected. At around 9:15 am. the dollar fell slightly against the German mark, trading at 1.7460 German marks against 1.7465
        AFP  -  83 words
      • Article, Illustration
        Untitled
        1530 22 Trade-netfhied index cakuhued atainst Spore's tap 14 trading partners Base year 198* US$/S$ forward rates Noon Jan 19 SS Mi OOtr 1-month 1.4079 1.6094 2-month 1.6091 1.6106 3-month 1.6102 1.6117 6-momh 1.6130 1.61)0 Sounr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at ltai M Jm 19: Siwpn dollars to
        1,530 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen ends lower on liquidation
        1286 23 SMEX REPORT Reuter SINGAPORE Simex Euroyen interest rate futures ended mixed and off intraday highs on liquidation after the Nikkei index breached psychological 19,000 resistance. Dealers said undertones would continue to be bearish as investors shy away from yen bonds, coming under increasing pressure from
        Reuter  -  1,286 words
      • Article
        Crude palm oil prices end higher
        606 23 COMMOOfTY REPORTS Palm oa Crude palm oil prices closed with extended gains yesterday on further buying, aided by higher local futures prices on news Burma will signed an agreement to buy local palm oil under a US$25 million (5540.2 million) Malaysian credit scheme, traders
        606 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Gambling on higher sugar premiums
          72 23 SINGAPORE Thai millers, holding out for higher premiums, are unlikely to make any further sales of new-crop sugar, at least until February and March, say traders in Asia. Thai shippers are also buying back cargoes in expectation of higher premiums, and are looking for a
          72 words
        • Article
          Rice futures rally in Shanghai
          102 23 TOKYO Rising world prices continued to fuel rallies in rice futures on the Shanghai Cereals and Oils Exchange, traders in Shanghai and Hongkong said. Japonica rice futures extended their steady 6-month rally on Monday amid swelling volume, with active March gaining more than 40 per
          102 words
        • Article
          India bans raw cotton exports
          92 23 NEW DELHI India's Textiles Ministry, in an attempt to increase domestic cotton supplies, has,, placed a total ban on raw cotton exports, and is even considering raw cotton imports. A ministry official said yesterday the country is suspending portions of the raw cotton export quota
          92 words
        • Article
          Australia's beef market share
          85 23 SYDNEY Supply problems, higher prices and US competition could place Australia's Japanese beef market share under pressure this year, some traders have forecast. The industry is optimistic about growth in Japanese beef consumption, but currency movements, reduced supply and pressure from the US could cut Australia's
          85 words
    • Article
      COMMODITY PRICES
      1519 23 Rubber HAS Cwiity fwrlwap (Mm dMiag as at lpa) RSS1 Cgatiact (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Feb 94 OOO OOO 129.75 0 T075 Mar 0.00 0.00 132.00 0 6.000 Apr 133.30 133.23 133.73 200 3.430 liny 0.00 0.00 133.23 0 3.730 Jun
      1,519 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1287 24 16.1 Australian shares completed a topsy-turvy day to overcome early falls and close at a new post-1987 crash high as investors chased leading stock. Brokers said a shortage of scrip in a number of stocks and stronger overseas markets helped drive the market after it slipped behind briefly in
        1,287 words
      • Article
        Manila
        548 24 +5.2pc The Philippine stock market gained about 5 per cent in brisk trading yesterday amid 'hopes that a steep week-long correction was finally over and the bulls were coming back. The Manila Stock Exchange index surged 5.2 per cent to end at 3,062.28 points, just a little over 246
        548 words
      • Article
        Taipei
        521 24 +33.9 Taiwan stocks end slightly higher on a late wave of buying focused on the heavily weighted financial sector. Turnover shrank as many buyers remained cautious, unsure whether the market's downtrend had ended. The weighted index, which opened lower and hit a low of 5,796, closed 33.90 points up
        521 words
      • Article
        Seoul
        361 24 +14.1 Stocks closed higher on the back of healthy interest focused on blue chips, recovering nearly 70 per cent of the losses which followed government market-cool-ing steps announced last Friday. The composite stock index added 14.10 points to 887.16. "The market showed strong advances with buying persistently centred on
        361 words
      • Article
        New Zealand
        244 24 18.26 Shares rose yesterday after gains in London and New York markets overnight, brokers said. The New Zealand market is increasingly sensitive to buying and selling by offshore investors. who by some estimates own about 55 per cent of locally listed shares. The Top-40 capital index closed up
        244 words
      • Article
        Bombay
        76 24 -125.11 Stock prices which had fallen sharply during the day's trading steadied in late evening kerb and were quoted at around closing levels, brokers said. During the official trading session, stock prices closed lower as local investors and financial institutions continued selling while overseas funds cut back on their
        76 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        696 24 Britannia Funds Steffi ag Cask Bid (Nfcr Mini ap rVpusil UMII Wf.500 Mini Je«e> «uk 0.1M J 0I*»2 Mim Max Intome *10*00 ****** I S$ ash Inutile Ptir> Fund 10 7-**) 11 JIOO PS i Reserve Fund 5 NOO 5:500 Sterling tqum F uro PrrtomutKr ***** 04VU Far Fa* Fund
        696 words
      • Article
        London
        686 24 +38.1 London's top 100 and sec-ond-line stocks both finished at record closing levels and dealers and analysts said they were poised to push higher in coming weeks. The FTSE 100 ended 38.1 points higher at 3,475.1, surpassing its previous record closing level of 3,462.0, set on Dec 29, last
        686 words
      • Article
        Paris
        74 24 +27.32 The CAC-40 share index finished up 27.32 points at 2,274.67. Paris Jaa 19 Kr xn LmuKk *T;OO VkJlcl XnMhuni >M«l IOUU tll-\guH )l'» ItM *jlr Or Baikiuc 14*5111 I jUrgr 4#.<0I) IOOU Mkhriin ;wi«i uiKh VMk 'KMII Ulfc.ll Norsk Hxilro It) 50 I hO tVugnnVV ICUOU I'OO l*hrlips
        74 words
      • Article
        Stockholm
        125 24 +1.05pc Sweden's OMX-index closed at a record high, up 1.05 percent at 1,210.61, in record high turnover of 4.03 billion crowns. Renewed buying interest in Astra and a strong trend on foreign bourses lifted stocks, though both the forestry index and carmaker Volvo bucked the trend. The blue-chip top-16
        125 words
      • Article
        Frankfurt
        167 24 +20.54 German share prices held onto Tuesday's post-bourse gains to closc the official session slightly higher, supported by limited short-cov-ering ahead of Friday's DTB futures expiry deadline. traders said. The DAX index closed at 2,134.38, up 0.97 per cent, or 20.54 points, from last DAX close and up 4.03
        167 words
      • Article
        Brussels
        125 24 19.43 Belgian stocks soared to record highs on brighter earnings forecasts for 1994 and expectation that interest rates will keep falling, traders said. The Bcl-20 index rose 19.43 points, or 1.3 per cent, to 1,509.67. Belgian and Spanish stocks were the biggest gainers in a generally bullish day for
        125 words
      • Article
        Milan
        161 24 +0.62pc Italian shares registered modest gains with the market encouraged by strong foreign bourses and slight hopes of a rate cut at today's Bundesbank meeting, dealers said. The Mibtel index ended up 0.62 per cent at 9.888. "We're basically in a phase of consolidation after Monday's strong performance. Things
        161 words
      • Article
        Amsterdam
        261 24 +2.17 Dutch shares ended firmer on short-covering ahead of tomorrow's options series expiry, strong buying by large institutions and a general mood of optimism. The AEX index finished at 427.33 points, up 2.17. "The market was in a good mood," said one dealer. "Options short-covering was certainly a factor
        261 words
      • Article
        Zurich
        260 24 +8.36 Swiss shares ended at a record close in a market that dealers described as technical. They said the market was expected to remain volatile after reaching record levels following last week's correction. Fundamentals, however, were still positive with funds expected to continue flowing into shares in anticipation of
        260 words
      • Article
        Johannesburg
        300 24 -6 Buyers all but deserted South African shares in mostly slow trade as the market scratched for fresh influencing factors, dealers said. They said industrials had found support, but there was little interest in taking them higher until foreign buyers returned. The gold index was 24 points softer at
        300 words
      • Article
        Toronto
        252 24 -3.71 Stocks were mixed early yesterday with players expected to take a breather yesterday after the market soared to its fifth straight record finish on Tuesday. Losses in gold and silver and offset gains in transportation and pipelines. The TSE 300 composite index edged down 3.71 points to 4,558.19
        252 words
      • Article
        New York
        763 24 10.7 The Dow Jones industrial average was ahead 10.70 points to 3.880.99 at 11 am EST yesterday. The key barometer was in negative territory shortly after the market opened. The New York Stock Exchange composite index was ahead 0.21 to 262.97, while Standard Poor's 500-stock index was up
        763 words
    • Article, Illustration
      Lock icon HONGKONG
      2775 25 Reuter HONGKONG Stocks closed sharply higher as buying drawn by optimism on bank results and Hongkong Telecom's share price prospects spread across the board, brokers said. The blue-chip Hang Seng index finished up 346.08 points or 3.14 per cent at 11,363.77, off a late high of 11,400.39. "The market
      Reuter; Source: Bridge Info  -  2,775 words
    • Article, Illustration
      CHINA
      504 25 THE CLSA Shanghai B Index closed down 35 points at 1,017.95. The fall was triggered by the A shares' downward momentum on the rumour that state-owned shares would be listed soon. Rubber Belt and Haixin were the worst performers dipping 10.3 per cent and 7.3 per cent respectively on
      504 words
    • Article, Illustration
      Lock icon TOKYO
      2474 25 Reuter TOKYO Stocks closed sharply higher on persistent arbitrallinked buying ignited by soaring futures prices. The Nikkei Stock Average of 22S selected issues in the first section surged 524.8S points or 2.8 per cent to 19,039.40 points after falling 210.82 points on Tuesday. The Nikkei Average closed above 19,000
      Reuter; Source: Bridge Info  -  2,474 words
    • Article, Illustration
      Lock icon BANGKOK
      1692 25 Reuter BANGKOK Thai stocks fell back in thin trading to finish the day down 1.17 per cent as profit-taking wiped out early gains, brokers said. The index closed 17.29 points lower at 1.459.74. Turnover was a modest 11.99 billion baht. "Local funds have adopted a wait-and-see strategy and are
      Reuter; Source: Bridge Info  -  1,692 words
    • Article, Illustration
      Lock icon JAKARTA
      1110 25 Reuter JAKARTA Share prices closed higher in moderate trading with local investors focused on big-capped stocks, dealers said. The Composite Index gained 3.99 points to end at 596.00. "Most counters have gone up. Many investors have been locking into big-capped stocks, some of which are priced attractively after last
      Reuter; Source: Bridge Info  -  1,110 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2724 26 Source: Bridge Info Source: Bridge Info MOST ACTIVE vdurm Tan Chong 50c 6.398.000 Promet 4.807.000 Kamunting 50c 4.376.000 Faber Group 4.244.000 KL Induslnn 4.141.000 AMDB 50c 3.790.000 FACB 50c 3.588.000 Renong Bhd 50c 3.117.000 Pep Mua 2.440.000 Idra Hyd 50c 2.363.000 Pub Bk Foreign 2.319.000 IGB Corpn T5R
      Source: Bridge Info  -  2,724 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Selling pressure weakens prices further
        5746 26 Bernama KUALA LUMPUR Share prices here retreated from a steadier opening to close lower as selling pressure continued throughout the day. The Emas Index opened at 350.66 but eased to 321.61 at the close, down 7.85 points while the Composite Index dipped 28.44 points or
        Bernama; Source: Bridge Info  -  5,746 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        6855 27 MBUN BOAWO Transaction date: Jan 19~ Cr Gr 1993/94 Last Vol Day Lan QhM DW Dl» YW Net MCm High Lot. Coaipaay Sale COM) Hi(h Low Bayer Seller Or P/E taiil INDUSTRIAL AMD COMMfRflAI 1440 260 t Acma 1300 -30 322 1 340 1290 1270 1300 12.5 2.1 1.0 56.3
        6,855 words
      • Article, Illustration
        Lock icon Prices rise despite weaker KL bourse
        1701 28  -  By R Sivanithy SINGAPORE For the first time in months, share prices here rose despite weakness in Malaysia, as brokers reported light institutional buying but a noticeable lack of retail presence. In trading described by a dealer as "completely aimless", the Straits Times Industrials
        Source: Bridge Info  -  1,701 words
      • Article, Illustration
        United Industrial Corp
        148 28  -  HOT STOCK By Quak Hiang Whai UNITED Industrial Corporation closed two cents lower at $1.54 yesterday. Unless another maricet bull run comes, the stock appears to have seen its peak and will consolidate for a while. On the daily charts, the stock is trading on a downward
        148 words
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      Page 17 Advertisements Column 1
      138 17 Prime Location, Excellent Investment Just 15 minutes to Sydney's Olympic 2000 site Luxury living wilt) close proximity to Parramatta CBD. lakes, parks, Oatlands Golf Course. RoseNll Racecourse, major shopping centres and Sydney's Olympic 2000 Stadium. HERITAGE GARDENS 38 STRATHALBYN DRIVE, SYDNEY Freehold title land plus houses. Built up area >2.000
      138 words
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      173 18 A BUSINESS TIMES JOHNNIE WALKER CLASSIC PROMOTION RESUUS coMraraunomroy KMiowwuKKYiMießt An all-expenses-paid-trip (include accommodation, return ticket and entry ticket to watch the Johnnie Walker Classic 'live' in Phuket from 3-7 February 1994) for one person Chay Peng Cheong I/C: *****93 J Koh Lip Siang I/C: *****95 D Tan Yeow Beng
      173 words
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      Page 19 Advertisements Column 1
      84 19 A HUMBLE BEGINNING The little beansprout. So plain and simple. Yet how up to ration in the humble little beansprout. And we hope iJOv •ft? you'll find much pleasure in the simple yet wonderful way of life at The Legend. How as we open, please come by. We'll try our
      84 words
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      Page 20 Advertisements Column 1
      49 20 Hungry for success Executive set lunch at only $32 French cuisine exclusively created by award-winningchefChristophe. Miss this and you miss the taste of success. For reservations, please call 739 3091. the Cm&nt I V s Singapore A Foct 3»A»om«BiciHT Hotel p 1 Cuscaden Road, Singapore 1024. Tel: 733 8888.
      49 words
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      Page 20 Advertisements Column 2
      388 20 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 LIQUOR LICENCE NOTICE LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I Vmb Jiyrwn NOTICE IS HEREBY GIVEN that, I Ho Si Sum of Khulam of 74-A Dunbar Walk, Singqxxt 1545, have Blk 447 Bright Hill Drive #21-123, Singapore 2057, qjpbed for a
      388 words
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      Page 21 Advertisements Column 1
      185 21 «■> f?. Business Hmes/Renoma f Executwejrear Promotion I:# JE*.. £> j,'»- ji ,3. r -ifr v lm Mmf *W ll V i 1 UPI I m# 11— II v^'' I vV ill Make a stylish statement at any or high level ipeetiags. Of course, you will need more than a
      185 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      297 23 BUSI N E S TOLL-FREE TEL. No. 1 >00 7*M»M FAX:T4I-1«— BME SMQAPORE UMTED (liKorporatod in Singapore) LOST CERTVICATES Certificates no. *****6 to *****0 covering 1,000 shares aach in toe nana ot Mas Btos Hita navv dmo rsporrea iosi. mislaid or deekoyed. NOTICE IS HEREBY QIVEN that naw cartificatas wW
      297 words
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      Page 23 Advertisements Column 2
      30 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead isffisa M= offers B= the most current Br available. o.
      30 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      72 25 HAND-MADE BY BALLY Rally's exclusive collection highly comfortable, hand-made welted shoe*. They perfectly reflect Bally's total commitment to traditional craftsmanship. Each pair of Scribe shoes comes fitted with beech wood shoe trees, cotton bags, a twelve month guaran tee and a voucher for a complete overhaul within three years of
      72 words
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      Page 27 Advertisements Column 1
      128 27 SINGAPORE: THE HOUR GLASS Takashimaya Shopping Centre Td: *****20/1 Lucky j\ AmMH Plaza Tel: *****62 545 Scotu Tel *****27 7198 Centrepoint Tel *****98 f/A /jfli 60S Peninsula Plaza Tel: *****09/*****65 Raffles Tel: *****41/1169 World Trade Centre Tel: *****51 /1007 Changi Airport Terminal 1 (West Wing) Td: *****60. Terminal 2 (South
      128 words
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      695 28 TOLL-FREETEL. No. FAX:74I-1298 LOST SHARE /WARRANT CERTIFICATES The following Share/Warrant Wits )cert»ftcates/* together with the rahvint signed ti uilcf dMdi htvt bean reported lost of destroyed: AMCOL HOLDINGS UMITEO Certificate No. m the name of Ho. of Sharea/Wrts *****16 HoPohMeng 1 x 200 *****37 do 1 x 220 *****69 do
      695 words
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      Page 28 Advertisements Column 2
      290 28 BROKERS'STOCK PICKS htiMMrafii ~H"ml i SHOD m PTE LTD (lato^ora*dla<^>pra) snciALUtouunoN At m Extraordinary Gaaeral ►truing of the member* of the ikownwd map My. daly convened and held at in RegtoMaed office at 304 Orckart Road •02-45 Lacky Ptax*. Shiga prr 0923 m IMI iHmy 1994 Ike llllwMw Hal te
      290 words
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  • Shipping Times
    • Article
      Lock icon US Navy needs to save US$3.5b by 1999: chief
      525 29 Bloomberg Business News WASHINGTON -r The US Navy needs to find US$3.5 billion (SS5.6 billion) in savings to cover the increasing costs of modernising its ship and aircraft fleets between fiscal 1995 and fiscal 1999, Admiral Frank Kelso, chief of naval
      Bloomberg Business News  -  525 words
    • Article
      SeaCon buys boxes from two French firms
      212 29 SINGAPORE Bermudabased Sea Containers has sealed a deal with two French companies to buy boxes. Under the deal. Sea Containers has bought 20,000 containers from SCAC Del mas Vieljeux and Bollore Technologies. SCAC Delmas Vieljeux will rent back the fleet for five years
      212 words
    • Article, Illustration
      Lock icon Slow and steady
      37 29 Reuter PITTSBURGH Snow-covered coal barges forge down the Ohio River away from Pittsburg on Tuesday. Even though near-zero temperatures have allowed ice to build up, traffic on the major industrial thoroughfare remains steady. Reuter
      Reuter  -  37 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      839 29 Page Coi ABC Containeriine 12 I Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appenship 18 1/2 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 •Bank Line, The 9 5 Barbican Line 4
      839 words
    • Article
      POL sets up joint venture to improve Europe-Asia service
      421 29  -  By Dexter Lee SINGAPORE Polish Ocean Lines (POL) has formed a joint venture with Belgian and Swiss partners to improve its conventional cargo service between Europe and Asia. The joint venture, called Euro East Lines and based in Luxembourg, has bought
      421 words
    • Article
      Lock icon Evergreen orders more reefer boxes
      297 29 MBT KUALA LUMPUR Evergreen Marine Corporation of Taiwan, which will be taking delivery of 500 technogically advanced 40-foot hi-cube reefer containers next month, has placed orders for another 1,500 such refrigerated boxes for delivery in the third quarter this year. The shipping line said on
      MBT  -  297 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        456 30 Vwd *oyN» M hnM Depart** ftwd Hi N» »«li Arrbal Juroog Port So« Tien 2 2/94 P03 alongside 19.01/1700 APJ Karan 1 114/15 alongside 20.01/2359 V Nona 001 P01A 20.01/2000 Oek Lestari D29 J1 alongside 20.01/2300 585 02/94 P01A alongside 19.01/2355 H L Vigour J12 alongsrte 20.01/0100
        456 words
      • Article
        CONTAINER SCHEDULES
        1207 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Rtcord Bookinf/Babnct Rsits Ship Voy No Etb/Btr Ptriod From To From Aa Jade 172B 21/1100 2 19/1700 20/0659 20/0900 4 20/1200 20/1459 20/1700 Anda *****N* 21/1300 2 19/1700 20/0659 20/0900 4 20/1200
        1,207 words
    • Article
      THE SHIPPING GUIDE
      14280 38 This is a list of ships loading at Singapore foe pons 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. lIBEM PN: ship calls at Penang after
      14,280 words
    • Article
      SHIPPING AGENTS
      3378 43 A iI.BC Coataiaeriiae NV: Belsin Shpg Agencies Pie Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Graf: Accord Shpg Ptc Ltd (SVAccord Contr Line (PK/PN). Adluis Basiaess Corporatioa PhiHppiae Calsourcc Shpg A Trdg Pte Ltd (S) Ahreakiei Liner Service: Kim Shpg A Trdg(S). Albatros Sea-Air Serrice: Frata Shpg Ptc
      3,378 words
    • Article
      COURIER SERVICES
      280 43 Abacus Corners Tel: 545-8011. Fax: 545-1898. Air Express Travel Td: 533-5771. Fa*: 535-6144 Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. its-I.ink International Tel: 344-3377. Fax: 345-6450. luster IJik Supplies A Seniors
      280 words
    • Article
      AIR FORWARDERS
      1492 43 Abex Express Freight Tel: 542-7171. Fax: *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Tei*s42-78??Fax: *****20. k MMkItAL l' a n I AtIAMAI AnuiiM r mgm mcriUHUJtUM Tel: 545-8033. Fax: *****05. Te1:"542-5911. Fax: *****18 Air Cargo Nov© Express Td: 542-5454. Fax: *****06 Air Express International Td: 542-7666. Fax *****74.
      1,492 words
    • Article
      PORT CONDITIONS
      2297 44 ALBANIA Duress: Four vessels in port discharging of which 1 tobacco, 2 bulk wheat, 1 bagged cement, 1 bulk wheat vessel in roads awaiting berth. ARGENTINA Santa Fe: No vessels berthed, no vessels due; max draft 21 ft 11 ins. Diamante: No vessels berthed, none in roads, no
      2,297 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1225 44 SHIP SALES TANKER RATES AFP INTEREST continues to run high for newbaildings and we are hearing reports that a major London based Greek has placed an order for 2 suexmax tankers (double bottom/double skin) with Samsungin Korea for delivery in 1995. The order is said to be based on an
      AFP  -  1,225 words
    • Article
      AIR FREIGHT SCHEDULE
      559 44 ARRIVALS DEPARTURES Q» Flif lit Type ETA T Fw Q» FUgM Type ETP T To TOOAY TODAY KAL KE69f B747F 0150 I SEL KAL KE697 B747F 0440 I BKK SI A SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 .B747F 1845 1
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    • Article
      CRUISE & FERRY SCHEDULES
      519 44 CRUISE FERRY SCHEDULES CRUISE SNIPS Air Dtp Nmk of Vessel ETA ETD Ports of Calls Port Agent Telephone No JANUARY 21 21 Renaissance I 1000 1900 Cruise to Nowhere Lines Intl Holdings 224-2763 21 21 Leisure Worid 1000 2013 Jakarta Sin Lauw Sons Travel 227-3284 Port Klang 21 21 Langkapuri
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    • Article
      DAILY FREIGHTS
      1491 45 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1,244 on Tuesday from 1,242 on Jan 17. Few cargoes were reported fixed on the major grain routes, but brokers noted a .steady trickle of new business. Rates were not expected to change in the short
      1,491 words
    • Article
      COCKETT BUNKER MARKET REPORT
      677 45 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      677 words
    • Article, Illustration
      Lock icon Cyprus: trying to catch up
      839 46 Expansion and change are the key words for the port authority of Cyprus as it tries to put the island back on the map as a Mediterranean transhipment centre Fairplay CYPRUS is a small country. but a prosperous one income per capita for the Greek
      Fairplay  -  839 words
    • Article
      Lock icon Mini-cruises get little attention
      463 46 Fairplay DESPITE the Cyprus port authority's protestations of enthusiasm for a cruise industry in Cyprus, homegrown cruise ship champion Costakis Louisou is sceptical. "To be frank and fair, I don't think a lot has been done to promote the cruise industry in Cyprus. It's not an
      Fairplay  -  463 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        S'pore is fastest growing market for Rover cars
        290 48  -  By Ramesh Divyanathan SINGAPORE Rover cars have made a strong comeback, especially in Singapore, which is the British marque's fastest growing market. In December, Rover sold more cars here than any other European maker, says regional sales director Jim Campbell. He was
        290 words
      • Article
        Lock icon JAL adjusting to recession, to trim workforce
        496 48 NYT TOKYO In the days of Japan's economic boom, the nation's corporate warriors would fly off to their latest conquest in the lavish first-class or busi-ness-class sections of Japan Airlines. But in tight economic times, Japan's humbled businessmen are flying coach. Or even
        NYT  -  496 words
      • LOG BOOK
        • Article
          Lock icon Yang Ming's interim profit up 250pc
          113 48 Reuter TAIPEI State-run Yang Ming Marine Transport Corp, Taiwan's second-largest container shipping Arm, said net profit soared 250 per cent from a year ago to an estimated NTS37B million (5522.9 million) in the half-year to Dec 31. Tsai Ming-hsi, the firm's chief secretary, attributed
          Reuter  -  113 words
        • Article
          Lock icon China's missiles, aircraft output soars
          106 48 Reuter HONGKONG China's aviation industry sales totalled 15.3 billion yuan (SS2.B billion) in 1993, with airplane production up 24 per cent on the year and guided missile output surging over 50 per cent, a local newspaper reported. Ta Kung Pao, a Beijing-run daily, also quoted
          Reuter  -  106 words
        • Article
          Lock icon Shenzhen airport one of China's busiest
          84 48 Reuter HONGKONG Shenzhen airport was one of the five busiest in China last year, a domestic newspaper said on Tuesday. A total of 28,600 planes landed or took oft at the airport last year, up 76.2 per cent from the previous year, the Shenzhen
          Reuter  -  84 words
        • Article
          Lock icon Australian airlines to add more seats
          70 48 Reuter CANBERRA Australia's two major airlines, Qantas Airways and Ansett Australia, plan to boost domestic seat capacity in March in response to surging demand. Qantas, 25 per cent-owned by British Airways pic, will increase capacity by 15 per cent while Ansett's services rise fc2
          Reuter  -  70 words
        • Article
          Lock icon WA seeks authority for SA flights
          68 48 Reuter WASHINGTON Charter airline World Airways is applying for Transportation Department authority to operate three scheduled flights between New York and Johannesburg. It said the routes it was seeking would be taken from six that have been awarded to USAfrica Airways, a start-up carrier
          Reuter  -  68 words
      • Article, Illustration
        DHL to set up second logistics centre here
        242 48 SINGAPORE International courier company DHL Worldwide Express plans to set up a second logistics centre in Singapore this year. DHL Singapore general manager Charles Chia told Business Times on Tuesday the company had not decided on the location of the centre, but
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      • Article
        Lock icon Share offer by Northwest Airlines seen as timely
        208 48 Reuter NEW YORK A US$4OO million (SS64O million) stock initial public offering in Northwest Airlines is a timely move during a US economic upswing and could hint at how well the offer is received by Wall Street, analysts said on Tuesday. "The
        Reuter  -  208 words
      • Article
        Lock icon Boeing chief expects revenue to fall in 1994
        204 48 Reuter SEATTLE Boeing Co Airplane Group president Ron Woodard said he expects earnings to fall in 1994 from 1993 levels before beginning to rise again in 1995. "Clearly earnings have declined over the last year and will continue to do so again
        Reuter  -  204 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1340 48 qty nhx CT» nw CTB GF146 '1110 M» MmM GA985 1420 MlMil QF81 1930 QF82 2050 SQ228 2035 KL845 0505 tollwlw SQ25 0635 KL838 2335 GA975 1140 SQ26 2355 KL837 1540 Ukmn SQ347 1730 AmcM—< NZ21 1710 SQ288 2045 SQ286 2035 B Sari Bagawaa BW21 1105
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      8 29 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times
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      Page 29 Advertisements Column 2
      26 29 vUH9I IN MVTVCM rVfriMliVl ly/fJfIHA\ Maakart «f tfct «f AcctmMm f fffcAlj IM(L Ihfwa MMttfelllMfi jiW( r Aflfffl!StW for advertising enquiries, contact Shipping Ttnes: Tel 740-2089/740-2090
      26 words
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      Page 29 Advertisements Column 3
      115 29 THE FAMOUS pn<6 C2UMH ■8E5D*****4 1833 For more information please refer to P|. 15 Cyprus: trying to catch up, Page 18 S'pore is fastest growing market for Rovers, Back Page jj- iii i SHIPPING LINES IN THE FAR EAST/MIDDLE EAST TRADE TO APPLY KUWAIT PORT ADDITIONAL Shipping lines participating in
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      Page 30 Advertisements Column 1
      446 30 TSWJNE AGENCES (S) PTE. LID. I PwiftT.S.K. i.iNP slsssu I |JgtfV7 —7 Tlx; RS *****/TSKSJN TOKYO SENPAKU KAISHA, LTD. CR No: U*****0000N 1 t tgQßra TO W*B<Ul* HUttl- IMWM Hwa -raa wmly" I ■ttlMt wr ifc '.ur ari m I M» -at' m a 1 ACT ULT MSB **17.11 **18.11
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      Page 30 Advertisements Column 2
      1183 30 -KSO- BC s*3* WW IVniMr msm imH CMfooM uiTi* to 742 71 iFF|i«T| it; I it?| is 71 is? I it? liu I 192 I *J CMtfOMM PtGASUS 19 212 192 212 2J2 247 22 2 22 2 21 2 *H ?1? IU HUMS it KM ?«1 S2 217 222
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      Page 31 Advertisements Column 1
      2279 31 OOCL (tt PTC LTD JAMHNC SNIPPING AGENCIES JAROIME SHIPPING AGENCIES SON. BHD. I PA* MI»M2 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 I TEL: *****55 <INWARD>/*****90 (OUTWARD) PENANG TEL: K*****WU52M31 CFS TEL: *****6 I BOOKINGS TEL: *****80 *****81/ *****82 IOPNSI I CFS (PSA F5) TEL: *****21/ *****79 Johob MHRU TP *****2%
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      Page 31 Advertisements Column 2
      2405 31 ■HEHSBaSEa WEEKLY TO MEXICO CITY IN JUST 23 DAYS LUNA MAERSK V.9404 ETA SIN 26TH lAN 94 Voy ETA ETD Fextol By S —DESTINATIONS Thu MAQLEBV MAERSK VMQ2 B—WIW^ cy ?s. 01 oaoo hrs CfS 24/01 2359 MRS JOH LPK PEN OAK LGB SFO MEM ATL MIA CHS BAL PHL
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      Page 32 Advertisements Column 1
      1495 32 Ad ABA RDAM/I [i ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H'BUBG A WERP HAVRE MAI AVftIA FRANKFURT EXPRESS 71/102 23/1 8/2 12/2 10/2 Kelang P Jiano LEVERKUSEN EXPRESS 16/302 22/1 31/1 6/2 9/2 12/2 14/2 16/2 Paair Godang KATSURAOI 19/103 26/1 12/2 15/2 13/2
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      Page 32 Advertisements Column 2
      554 32 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Voetochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutak, Alma Ata North Korea a Vietnam e Mongolia Hungary CSFR e Poland FEEDER VESSEL ETA SIM NED ASIA V.2493 IN PORT NED OCEANIA V.2503
      554 words
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      Page 32 Advertisements Column 3
      1023 32 1 norasTa I I VSL/VOY SIN I J2J2J 22 13/W 13/92 14/ M 15/# 19/92 17/62 18/62 I IJfLHf "'j* 29/92 21/92 22/92 23/92 H/92 25/92 "I *****22 MW.I ?f/S 2/S 2 /w 21/92 29/92 #l/#3 #1/#J 91/93 99/93 I NORASIA Al-MUWTAZAH »40S 3 85/03 66/03 68/63 09/63 16/63 11/03
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      Page 33 Advertisements Column 1
      1719 33 STRAITS SHIPPING PTE LTD 10 Hoo Chiang Road #11-01 Koppol Tawars Singapara 0200 Tal: *****00 Fax: *****17 N»W GUINEA PACIFIC UNE wmiamKmmiiimmMiimMiMmaam jetccp <A sepmce OF CHINA navigation CO> ACCEPTS CARGO OIK SJULS STMITS not VO2E KK. Skan. Ta» 22 •24 laa 24 laa 28 Jaa FCL. LCI COMTAMM AND
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      Page 33 Advertisements Column 2
      2597 33 SINGAPORE AGENT: DXil) AMf n< «lAt*C MO Container* (Singapore Agenciee) Pie Lid v*\ I LjL* W 10 Hoe Chiang Road #07-01 Kappai Towers, Singapore 0208 www w Tel: 225 2233 Telex: RS ***** PNOCSP Fax: *****27/222 7517 fT CR Number: **********0Z EXPORT IMPORT vcmcl vov •PMO *p«e sat alo sou
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      Page 34 Advertisements Column 1
      522 34 GENERAL AG€NT *****8^0000^^^^^ ijK EKA JAYA AGENCIES >Jyf TEL: *****22 LINES) FAX: *****05 SALES REPRESENTATIVES M CHARGE [—MYOHM AH THftPt fACtf I K»wnwiQ«g/PWKCT MAMQJ HQ CHI M—l CITY WWITHOK man anMMMMM KiLYtiaiAH una —a— »TO MYANMAR/YANQOW jg SEMI CONTAINER M OCEANLINEB m/WT stow _m 30 1 6/7 14/2 YANGON GEN.
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      Page 34 Advertisements Column 2
      1520 34 HANJIN SHIPPING] BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 I SALES TEL:- DOCUMENT TEL: 3260 2 7 1 2 75 mw. sai luc nrul m rm mm m Ilk haul hi u nc I HMUN HONGKONG 04X 21/1 OKCT 18/2 11/2 12/2 NMMN HONGKONG 04X 71/1 M ASM <141 24/2 25/2
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      Page 34 Advertisements Column 3
      1330 34 Im ix wc uc w KI n h no uu cms ml mrc w «c no cw m I I OOIRM4 U/l 71/1 7VI */l 79/1 11/1 1/7 1/7 4/7 4/2 S/2 17/2 2/3 VI VI 14/1 14/1 17/3 11/3 11/3 7»/l 1/4 U/4 U/4 I can N-447 7S/I 2C/1
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      Page 35 Advertisements Column 1
      2489 35 'RHEIN BRIDGE 32W II II t*?T JII ETA SGP 22/01/94 II II WTrfl 11 ETA RDM 07/02/94, FLX 08/02/94 H BRE 10/02/94, LEH 12/02/94 H EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US GULP MIDWEST USEC CANADA VKSStL I VOmff Lo> OAK VAN HT ATL CCC (IF. (IB
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      Page 35 Advertisements Column 2
      1135 35 A I MULTILINE SHIPPING PTE LTD ■V (a mcmbor of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 y* —BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 Jfcv BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS:
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      Page 36 Advertisements Column 1
      1513 36 AS AGENTS "I" LIE (SM6APOK) PTE LTD (C* No: 1244I*****0M) 1 TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 tVI Vi* MALAYSIA: LINE MAMTMI (MALAYSIA) SON INO I TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SARAMA LAIIT IMTERIRISA. TEL: JKT *****08 «ot -am fi/FW
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      Page 36 Advertisements Column 2
      952 36 PHI LI-Oft If NT LINGS PTC LTD 106 Robinson Road #07-00 QMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION I AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCi SERVICE 20 JAN SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 26 JAN AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH.
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      Page 37 Advertisements Column 1
      955 37 PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I I SSSSSSSS mH CR NO **********0E I VESSEL VOV SM CMS Jtß JED AOI ADE HOO PZU ASA KOTA SASAS *****W 21/1 27/1 3/2 0/2 10/2 5/2 20/2 Tin KOTA MO AH IOHOOS 31/1 9/2
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      Page 37 Advertisements Column 2
      599 37 *sstis vot aw Hamburg whterpam Antwerp Thames u harue MUE K *ST* 7431W 20/01 12/02 14/02 IVO2 10/02 17/02 MUI DC TIT MM 0331N 27/01 10/02 21/02 22/02 23/02 24/02 ADAM ABRAHAM 7132W 05/02 20/02 02/03 03/03 04/03 05/03 IOKtO EXPRESS 9532W 04/03 00/03 07/03 00/03 10/03 'AISO ACCEFTMG CARGO
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      Page 37 Advertisements Column 3
      454 37 0 1 lAICU SHIPPMG TEL: *****88 FAX: *****00 DIRECT REGULAR SERVICE J J JAKARTA 8 SURABAYA J ACCEPT CAROOES TO ALL OTHER MOONEMAM POSTS WITH TRANSHVMEMT AT JAKARTA OR SURABAYA DESTINATION ETA FTD VSI JAKARTA 22/1 23/1 P SUHTBtA J I 3/2 4/2 P MNA J J 5/2 1/2 P.
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      Page 37 Advertisements Column 4
      406 37 BSA i*. M MYANMA \SBBk FIVE STAR LINE (Myanmar National Line) Loading for Yanjon (Rangoon) Spore P.KIf Pen P.Gdf HPA-AN Vim 1/ 3 Fab 21/23 lan AVA VI27W In Port PAGAN V2OSW 26/29 lan MALAYSIA AGENTS BOUSTEAD SHPPW6 AGENCES AH: TEL 03-*****00 PKI: IQ 03 3(1(7(7 rot m 04 (i(i3s
      406 words
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      2860 40 ooccs^ I I I I gjagiaaiifflß maamß AACTA ATT I VI ALJ CONTATNFR lgL"&r ma LUIMAIiMIiK •.•.SK^r 1 MAIN UNL 22S 1900 MaMLkm NrtuLg—X 7 2K5 ijii iissiis in,,.,.... Mfc 22C 194$ INDONESIA S AGENTS FAX NO: 22S IMS (MAIM) 2X 220* (SALES) T ChW Prin IM Nrite BOOKING AGENTS
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      Page 41 Advertisements Column 1
      647 41 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S'PORE 0207 9T HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 24/1 ROTTERDAM 24/1 MRHUS/COPENHAGEN 24/1 HAMBURG/BREMEN 24/1 MARSEILLE/FRANCE 24/1 FELIXSTOWE/UK 22/1 BARCELONA/SPAIN 24/1 LEHAVRE/FRANCE 22/1 GENOA/ITALY 247T ANTWERP/BELGIUM 24/1 LOS ANGELES/WC/IPI 23/1 SYDNEY/MELBOURNE 21/1 NEW YORK/EC 23/1 FREMANTLE/AOELAIOE 22/1 VANCOUVER 2171
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      Page 41 Advertisements Column 2
      941 41 wnSnBBMMnMMBBi j*****-™* ibk.l iPlH|^msim »o JUT VC&SCL voy SIM pg| 1 CHAIYA BHUM MI FH 21/1 tw 2>/i a r<tm VOY SIW BKK I BHATWA BHUM 13* 111 B/1 IN at/1 TMAMA~BHUM ISM Frt >1/1 ~S" «/1 Mi MAMA BHUM IS3W Thy In PI Sun 23/1 WAWA HUM 212S WW
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      Page 41 Advertisements Column 3
      610 41 Guaranteed Sailings to: BANGKOK *LAEM CHABANG JAKARTA PORT KELANG •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports.t USA, EUROPE, CHINA AND ALL DESTINATIONS snssKiMjusnsEsns^rnTn H TIL: *****33 (13 UnM) K PAX: *****11/22*1303 txjj TCLfX: M INN nitmp UnM) ETHIOPIAN SHFPM6 LIES (National Lints of Ethiopia)
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      Page 42 Advertisements Column 1
      1739 42 ■UkflMN CONTAINER LINES Iziv/VvlAgeillK MAC-NILS SPORE: *****22 <24 UNEB) V-Jv/ 'cAMitMNiHMI 3BU (084) *****& KUCHINQ (062) *****3 PENANGk (04) *****6 BANGKOK (662) *****67 MAMLA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA; (31) *****0 HKG/TWN/BKK I GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 21/1 22/1 23/1 Hone
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      Page 42 Advertisements Column 2
      1037 42 Jg» THONG SOON UNES PTE LTD 1 I S 78 SHENTON NAY #10-01, SHGAPORE 0207 I I V/ 227-50 M FAX: 227-6011 I TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK kssel |m Is'Pttt Idest kssel Iyit Is-pore liest EQUATOR JADE 101/4E 22 JAN KUCHING
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      24 45 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. r I 1 Business Times WtOOWAM*
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      Page 45 Advertisements Column 2
      54 45 I FACBRfI S~ t IOfETEWA, I I Maybe got chance,-this I J assist supervisee job. J Any Job. any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New Paper Lianhe Zaobao Li an he Wanbao Shin Min Daily News Berita Harian Berita
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      725 45 TODAY'S TIDES (height in metres) HOIK 00M 1100 KOO 03M 0400 05M MM 07M MM WOO 1000 UN 12M 13M MM ISM IMO 17M IMO IMO 20M 21M 22M 2JM 14 1J 2.1 2.4 2.5 2.4 2.3 IJ 14 U LI 1.1 U L 4 1.7 1J M M U
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      Page 46 Advertisements Column 1
      420 46 1 VIGOUR PACIFIC LINES VESSEL VOYAGE SWGAPORE MANR.A VIGOUR SWGAPORE 9404H 21/01/94 29/01/94 VljfflW SWGAPORE 9404 AN 24/01/94 29/01/94 VIGOUR PACfIC 9405N 28/01/94 05/02/94 MW AY ,IC<X P,CI C poht CONTAlN&Tfiiilwei rvm ruu ywllAlwcn qcnVlvc VESSEL VOYAGE SWGAPORE PORT KiAWG PEW AUG SWGAPORE VISOW SINGAPORE 9404N 21/01/94 23/01/94 24/01/94 PENANG
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      Page 46 Advertisements Column 2
      416 46 ©APPENSHIP HAMBURG vTv CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOAMNG WRTS DtSOMKE/IOMJK FOR FORUM WIND PORT SAID 1.1.94 SPORE 19/01 BKK 24/01 NMSA MCRANH SPORE 22/01 LORELEY PORT SAIO 29.12.93 SPORE 22/01 BKK 23/01 KOALA CONTAINER LINE STORE FIX HAM HOT LEH DKK
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      300 46 JLcosco mtc CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR A VESSEL 26/01 Rotterdam/Antwerp CMNA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/12 20/12 Buangpu/Guangzhou COSCO FULL CONTAMER SERVICES (FCL/FCL) EXPORT TO: CMNA/SANGK OK/HONGKONG EUROPE/CONTMENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARA CHI Plmm rotor above
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      Page 47 Advertisements Column 1
      899 47 I HYUNDAI li MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 ttssm voy Irw I put I reo I vessels voy sm urn wtr* lew hm m Fti NOR MALACCA 9403 A 17/01 11/01 20/01 PACFIC BRDGE 308* 24/01 11/02 11/02 12/02 13/02 13/02 15/02 Ml HMM ADVANCE 036
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      Page 47 Advertisements Column 2
      468 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS ssu wi n uc u isac nam im n/i M/i UNA 12) 1/2 >/2 MOM VM 27/1 ■mi m »/2 lANFM TUMI IM 1/2 iajke mm vu s/2 lIM SKT lIS 11/2 OUTBOUND VESSUS mom m tkt/»/mc COSMIC PIONEER
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      Page 47 Advertisements Column 3
      892 47 Isssa Ivor sw eta/p uu [oak lew Idal I mem/col Ihqu lure Inor IQOtY HUDSON BRPGE 72A 27-20/01 13/02 15/02 10/02 17/02 17/02 10/02 11/02 10/02 ALLIGATOR TRUTH 52A 03-04/02 20/02 22/02 23/02 24/02 24/02 25/02 25/02 20/02 MACK MAC HOPGE 74A 10-11/02 27/02 01/03 02/03 03/03 03/03 04/03 04/03
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