The Business Times, 26 January 1994

Microfilm: NL19042
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA |j MITA(P) 010/12/93 Wednesday January 26 1994 75*
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones down 18.8 points
      40 1 AFP NEW YORK Wall Street stock prices fell back further in mid-day trading yesterday as profit-taking set in and long-term interest rates rose. The Dow was down 18.86 points at 3,893.93 at Ipm EST. AFP
      AFP  -  40 words
    • Article
      Lock icon Exxon profits rise 7pc to US$1.5b
      66 1 AFP IRVING, California Exxon, the United States' largest oil company, said yesterday that its profits were up 7.1 per cent for the fourth quarter. Profits were US$l.5 billion (552.4 billion) against US$ 1.4 billion for the same quarter one year ago. Quarterly revenues were
      AFP  -  66 words
    • Article
      Lock icon US govt seeks US$7.5b for quake relief
      57 1 Reuter WASHINGTON The United States federal government will ask Congress to approve US$7.3 billion in disaster relief aid for earthquake-stricken California, Budget Director Leon Panetta said yesterday. "Our hope is that we can complete action on this emergency relief Bill before the (next
      Reuter  -  57 words
  • Article
    MARKET SUMMARY
    109 1 Stock market indicts Tmday Change STI! 2.256.05 -62.22 KLSE Composite ..1.011.80 -52.75 Nikkei 18.648.3* +295.12 Hang Seng 11.490.94 -109.15 SET Index 1.447.60 -13.99 Jakarta Composite. .586.57 -1.48 CLSA China 1.302.05 +5.38 AM AH Od 2.221.9 -2.6 FTSE 100 3.444 0 -37.4 Taes4a\ Prniois I pm close Dow Jones
    109 words
  • Article
    Lock icon Indon central bank consults courts over bad loans
    186 1 AFP JAKARTA The Indonesian central bank, Bank Indonesia, is currently consulting judicial authorities in a bid to retrieve the country's bad bank loans which have reached USS2.IB billion (553.49 billion), bank governor Sudrajat Jiwandono said yesterday. "It is true that we, as
    AFP  -  186 words
  • Article
    S'pore govt to set up $100m venture fluid for regional drive
    526 1  -  From Walton Morais in NEW DELHI THE Singapore government is setting up a SlOO million venture capital fund to help nurture budding entrepreneurs and boost the Republic's regionalisation drive. Trade and Industry Minister Yeo Cheow Tong said here yesterday
    526 words
  • Article
    Clob to trade warrants of Tsingtao Brewery
    451 1  -  From Catherine Ong in HONGKONG INVESTORS will soon be able to trade the warrants of China's most famous beer company, Tsingtao Brewery, on Singapore's over-the-counter market. Citibank will cover warrants on Tsingtao H shares from Jan 28, on Gob International, the section of
    451 words
  • Article
    Bangkok Bank turns down president's resignation
    421 1  -  From Loh Hui Yin in BANGKOK BANGKOK Bank yesterday rejected the resignation of its president and instead gave him six months' leave. Citing ill-health, Vichit Supraphongchai, 48, handed in his notice after little more than a year as president of Southeast Asia's biggest bank.
    421 words
  • Article
    Lock icon IBM posts first profit since 1992
    134 1 AP NEW YORK International Business Machines Corp yesterday reported its first quarterly profit since the summer of 1992. saying it earned US$3B2 million (*****.2 million) in the final three months of 1993. The profit had been widely forecast and chiefly resulted from deep spending
    AP  -  134 words
  • Article, Illustration
    S'pore and KL lead slide in regional markets
    374 1  -  By R Sivanithy SINGAPORE Forced selling, smarting investors and lack of foreign and retail support sent share prices sliding around the region yesterday. Brokers in Singapore and Malaysia said buying was weak throughout the day. As a result, the Straits Times Industrials
    374 words
  • Article
    Ringgit slips below 58 S'pore cents to hit record low
    227 1  -  By Paul Leo SINGAPORE The Malaysian ringgit slid below 58 Singapore cents for the first time yesterday as market players continued to cut their ringgit positions. The currency ended at 550.5797 (MS 1.7251 per SS) against the Singapore dollar, compared
    227 words
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      169 1 (MISSONI) UOMO Made In Itaiv CONTENTS News CwßMato* S pore News 2 S poreHTsa 17 20 Reponal News 3,4,5 Financial 21.22 World News ASJT*. 15 cSiS. SES 26-28 Edrtortal 14 fegwnal 24 Sports 9 Wortd 25 TV/Lrfestyte 11 Currencies 22 World Focus 8 Simej/Commo 22,23 Tel 1800-*****77 Fa *****75 «T
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      44 1 Regional Analysis: Pg 12 Tango with the Indian elephant EDITORIAL: S'pore leads the way to India, Page 14 New Delhi urged to let SLA fly to more Indian cities, Back Page China: We will not be liable for new HK airport debt, Back Page
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      9 1 Hock Lock Siew: Pg Who will own Hong Lebj^Jhd^^
      9 words
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      130 1 /The Bottom Line: Pg 16 Rise of new reactionary wave Jm ■k v v mti-f. 4 China's supremo of the economy outlines details of his plan to streamline the nation's unwieldy banking and tax systems as well as overhaul the state industry Analysis. Page 15 Maybank profit surges 50pc, listing
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      10 1 5 a||A§£A <•- ««i^l Week $109 tj Fall reports, Pages 24-28
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Record number of new firms set up
        401 2  -  By Anna Teo THE CLIMATE for business was good last year: the number of new companies formed grew almost 22 per cent to a record 8,781, while the number of firms made defunct fell by a third to 2,966. As a result, net
        Source: Registry of Co/Businesses  -  401 words
    • Article, Illustration
      Bugis Junction to be completed on time and within budget
      352 2  -  By Sylvia Wong THE 5900-million Bugis Junction project will be completed on time and within j budget, says property group j Straits Steamship Land. Its chairman, Sim Kee Boon, said yesterday that the 15-storey office block as well as the
      352 words
    • Article
      JTC sacks contractor for delays to port computerisation programme
      391 2  -  By Conrad Raj JURONG Town Corporation has terminated its contract with a Canadian engineering firm after delays to its port computerisation programme. Exasperated, the corporation sacked Howe International from Jan 3 after the firm asked for a two-year extension of its
      391 words
    • Article
      Singapore fabrics firm cleared of copyright offence
      231 2  -  By Ramesh Divyanathan A SINGAPORE company raided by the police for alleged copyright infringements in fabric designs has been cleared of all charges in the High Court. A subsequent appeal against that decision in the Appeal Court has also been dropped. Lance Court
      231 words
    • Article
      First Capital Corp wins Bukit Merah, Kew Drive land tenders
      195 2 PROPERTY GROUP First Capital Coiporation said yesterday that it had secured land parcels at Bukit Merah and Kew Drive to develop housing It won the 10,542 sq m Bukit Merah site in a Housing and Development Board tender which closed
      195 words
    • NEWS ROUNDUP
      • Article
        PUB awards Senoko gasworks contract
        127 2 1 PUBLIC UjfiHtfes Boorllsaid yeSftrXy it had aWHttieti a SI B#. mat km eon Tract loMlMui Engineering nut Shipbuilding tft build a new gasworks in SenOko to replace the ageing facility. The existing Kallang plant, which has been thetf since 1862, will make way for
        127 words
      • Article
        ITE gets donation of training packages
        71 2 TOYOTA Motor Corporation and its Singapore dealer, Borneo Motors, have donated two more training packages to the Institute of Technical Education under their $240,000 programme to upgrade the skills of local motor vehicle technicians. Th&training packages, first set up at the ITE's Ang Mo
        71 words
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      156 2 ■WHAT MAKES A MAN? NO. -1 HUGO BOSS THE FRAGRANCE FOR MEN haflALifel p presents :<i Sajßr jn concert featuring Michael Paulo on saxophone 'z mm Grammy Just One Somewhere Out There, Yah Mo Be There, Always You. I Believe In Love and more. Date: Wednesday, 2nd February 1994 Time
      156 words
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      92 2 An intelligent 25-storey office tower to be augmented later with two 8-storey industrial blocks. With all the amenities and facilities that only a state-of-the-art complex can have. And nestled in a favourable location that offers easy accessibility to enhance business communications. For more details on how your business can have
      92 words
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      203 2 /HOW TO STAY TRIM N IN BUSINESS BY CUTTING CORNERS These days, to stay successful in business, one has to be highly competitive. That means having the right image, up- to- date office equipment and full time experienced staff; yet keeping low overheads. Here at World Wide Business Centre Pte
      203 words
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  • THE REGION
    • Article, Illustration
      Lock icon Manila, IMF fail to reach pact on economic programme
      414 3 AP, Reuter MANILA The government and representatives of the International Monetary Fund have failed to reach agreement on a new economic programme for the Philippines. Acting Finance Secretary Emest Leung yesterday said negotiations reached a deadlock over the fund's doubts about
      AP,; Reuter  -  414 words
    • Article
      Lock icon World Bank expects foreign investment in Subic to soar
      261 3 AFP MANILA The World Bank expects a dramatic increase in foreign investment in the former US naval base at Subic Bay but has warned the Philippine government to keep it a free port. "The mission was extremely impressed by the free
      AFP  -  261 words
    • Article
      Lock icon Suharto says Indonesia must turn to nuclear power
      251 3 Reuter JAKARTA President Suharto, saying that nuclear power would become increasingly important in Indonesia, has strongly urged officials to grasp the technology. In a speech yesterday during an exhibition of the Indonesian Atomic Energy Agency (Batan), Mr Suharto said alternative power sources
      Reuter  -  251 words
    • Article
      Lock icon Indon military said to be preparing for social unrest
      379 3 AFP JAKARTA The Indonesian armed forces is preparing for social unrest and possibly even a coup attempt, says the new head of the military's socio-po-litical department. Major-General Hartono, appointed chief of the military's (Abri's) social and political affairs department on Jan
      AFP  -  379 words
    • ASIA NOTES
      • Article
        Lock icon EC-Asean patents programme
        86 3 AFP JAKARTA The European Community and the Association of South-east Asian Nations are to officially launch the EC-Asean Patents and Trademarks programme here today. The programme is aimed at enhancing trade, investment and technology e** changes between the EC and Asean through the strengthening of the intellectual
        AFP  -  86 words
      • Article
        Lock icon Manila may invoke defence treaty
        67 3 AFP MANILA The Philippines may invoice a mutual defence treaty (MDT) with the United States if its forces are attacked by other claimants in the disputed Spratly islands. Defence Secretary Renato de Villa said yesterday that the 19S1 treaty, which calls for assistance against a
        AFP  -  67 words
      • Article
        Lock icon Indonesia denies cooperation plan
        65 3 AFP JAKARTA Indonesia yesterday denied plans to cooperate in aerospace with Taiwan, saying this would be unrealistic because of differing interests. The Antara news agency quoted a minister and officials at the state-run aircraft plant PT IPTN as denying talks had been held on the issue
        AFP  -  65 words
      • Article
        Lock icon New members for Viet party
        89 3 Reuter HANOI Vietnam's ruling Communist Party voted 20 new members onto its executive Central Committee yesterday, inctud* ing the minister in chaige of relations with the United States. The new members were elected on the last day of a party conference in Hanoi. Inclusion of
        Reuter  -  89 words
      • Article
        Lock icon Court orders arrest of Skase
        71 3 Reuter SYDNEY A warrant was issued yesterday for the arrest ot failed Australian entrepreneur Christopher Skase, who has lived on the Spanish island of Majorca since his empire crashed. The District Court of Brisbane ordered the warrant to ensure Skase attend trial to face 32
        Reuter  -  71 words
    • Article
      Lock icon Indon trade union complains to UN of govt harassment
      275 3 Reuter JAKARTA Indonesia's largest independent union yesterday said it had complained to the United Nations' labour body of government harassment, less than a month before a US decision on whether to penalise Jakarta over its labour policy. Mochtar Pakpahan, chairman of
      Reuter  -  275 words
    • Article, Illustration
      Lock icon Jiang orders tough Communist Party controls on Chinese media
      464 4 Reuter BEIJING Communist Party chief Jiang Zemin has ordered China's propaganda machine to tighten its grip on public opinion, saying control of the media is essential to party power and successful market reforms. Mr Jiang said the instilling of "ideological rectitude"
      Reuter  -  464 words
    • Article
      Lock icon Russian foreign minister in China for high-level talks
      459 4 AFP BEIJING Russian Foreign Minister Andrei Kozyrev is due to arrive here today for high-level talks with Chinese leaders about bilateral political and military cooperation and Russia's changing situation. Russian and diplomatic sources said. Mr Kozyrev, who last visited China in December
      AFP  -  459 words
    • Article
      Lock icon Beijing not ready to open bourses to foreign firms
      301 4 Reuter BEIJING The head of China's securities watchdog, Zhu Li, has denied rumours that Beijing is ready to permit foreign firms to list domestic A shares on the Shanghai stock market, saying it is not yet time for the move. Mr
      Reuter  -  301 words
    • Article
      Lock icon China willing to work with Taiwan to develop offshore oil fields
      222 4 Bloomberg Business News HONGKONG The China National Offshore Oil Corporation said that it is willing to cooperate with Taiwan to explore and develop offshore oil fields, the official China Daily reported yesterday. Chen Bingqian. CNOOCs vice-president, told a group
      Bloomberg Business News  -  222 words
    • Article
      Lock icon Shanghai keen to lead in renminbi trading with foreign banks
      344 4 Reuter, China Daily SHANGHAI Shanghai is keen to become the first Chinese city to open local currency business to overseas banks, but no timetable has been set, the city's top banking official said yesterday. "If China opens renminbi business to
      Reuter,; China Daily  -  344 words
    • Article
      Lock icon Indian firms, MNCs tie up in booming computer market
      562 5 Reuter BANGALORE In India's Silicon Valley, the country's major computer companies are tying up with international giants as the battle for one of the world's biggest developing markets heats up. Industry analysts in Bangalore, which is compared to America's Silicon Valley
      Reuter  -  562 words
    • Article, Illustration
      Lock icon Japan PM still fighting to revive political reforms
      318 5 Reuter TOKYO Japan's embattled Prime Minister Morihiro Hosokawa is still fighting to revive his rejected political reforms and is not yet considering dissolving Parliament or resigning, the top government spokesman said yesterday. Chief Cabinet Secretary Masayoshi Takemura said: "We are not thinking
      Reuter  -  318 words
    • Article
      Bids continue for share of S Korean cellular market
      398 5  -  Fran Sohn Jie-Ae in SEOUL SOUTH Korean companies continue to vie for position in the final days of the selection process to form a private consortium that will tap into one of the country's most lucrative markets the cellular phone business.
      398 words
    • Article
      Lock icon Aussie figures show low inflation rate
      178 5 Reuter SYDNEY Surprisingly low Australian inflation data yesterday quelled fears the country's improved economy would stoke inflation. The figures also dampened speculation interest rates would rise later in the year after six month's stability. The consumer price index (CPI) for the December quarter rose
      Reuter  -  178 words
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      396 3 TT -—11 i J 1 if 1 J F *5 v The new 1994 Honda Accord. A story of contrasts. More powerful yet more fuel efficient. Wider yet no heavier. So much more performance yet quieter. Sportier yet more spacious. Not seen, yet more than a thousand were booked in
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      192 4 MODERN CLASSICS AT INTELLIGENT PRICES. WE SALUTE THE 20TH CENTURY MASTERS. Every item is fully imported from Italy and guaranteed to be of highest quality material and workmanship. Attractive quantity discounts for Interior Designers, Architects, Suppliers and Corporate and Institutional Buyers. Corbusier I fij 0 1887 1965 I m I
      192 words
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      210 4 I Jin Du Mansion/ li Companies in Beijing are paying about USS3,OOO4JSS4,OOO a month to accommodate i their expatriate staff. By bunching its Jin Du I Mansion Easy Payment scHeme, fallows an A employer or its expatriate to own lb if nign class Vly apartment exclusive to foreigners. Amenities of
      210 words
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      67 5 Ml IBMMNIUI Announcing the Volvo 850 Turbo, and a breathtakingiy effortless 225 bhp. turbocharged five-cylinder engine Scorching to 100 km/h in 7-7 seconds delivers a massive 3ooNm of torque and with a top speed of 240 km/h. it from 2000 rpm until redline at 5200 rpm. minces just about anything
      67 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Austrian president, wife to stay apart
        66 6 Reuter VIENNA Austrian President Thomas Klestil will continue to live apart from his wife, and his mistress has asked to be posted abroad, the presidency said yesterday. The Austrian news agency APA said presidential aide Margot Loefller, 39, named in the press as the
        Reuter  -  66 words
      • Article
        Lock icon EC's second democracy programme
        98 6 AFP BRUSSELS The European Community has launched its second "democracy programme" here to fund the activities of nongovernmental organisations in eastern Europe and the former Soviet Union. The EC's executive European Commission said on Monday that 12 million ECU (Ss2l million) would be made available to
        AFP  -  98 words
      • Article, Illustration
        Lock icon Alleging monkey business
        39 6 Reuter LONDON Protesters greeting Foreign Secretary Douglas Hurd upon arrival at Lord Justice Scott's "Arms to Iraq" inquiry yesterday. Mr Hurd said that he was not briefed on government guidelines on defence sales to Iraq. Reuter
        Reuter  -  39 words
      • Article
        Lock icon UK construction firms upbeat: survey
        95 6 Bloomberg Business News LONDON UK construction companies are more optimistic about output over the next 12 months than at any time since 1989 according to a survey by the Building Employers Confederation, the Financial Times reported yesterday. Some 31 per cent of the 600 companies
        Bloomberg Business News  -  95 words
      • Article
        Lock icon Pravda suspends publication
        86 6 AP MOSCOW Pravda, the Communist newspaper founded by Vladimir Lenin in 1912, suspended publication yesterday because of a dispute with its Greek business partners. Editor-in-chief Viktor Linnik said businessman Yannis Yannikos wanted a "total right of ownership over the newspaper, interference in personnel matters, possible replacement of
        AP  -  86 words
    • Article
      Lock icon US labour costs grow 3.5pc, the lowest rate in six years
      495 6 Reuter, AP WASHINGTON The cost of employee benefits such as healthcare rose at the lowest rate in six years, helping to hold the increase in compensation for American workers to a modest 3.5 per cent in 1993. The Labour
      Reuter,; AP  -  495 words
    • Article
      Lock icon Bonn urged to harmonise European tax laws and check evasion
      219 6 Reuter FRANKFURT Germany should use its upcoming stint as European Union president to harmonise tax laws and nip tax evasion in the bud, a top bank official said. "Germany should use the European presidency to harmonise European withholding tax laws,"
      Reuter  -  219 words
    • Article
      Lock icon World trade up 3pc in 1993, below projection, says Gatt
      372 6 Reuter GENEVA World trade expanded by less than 3 per cent last year, far less than the projected 4.5 per cent, economists at the Gatt trade body said yesterday. But recent signs of recovery' in major West European economies. coupled
      Reuter  -  372 words
    • Article, Illustration
      Lock icon One less explosion in Bosnia
      58 6 Renter GORAZDE, Beuia A Bositel Serb Musing on Sunday an anti-personnel mine placed by Mhßb forces in a forest near the s—lnn Bosnian Muslim-controlled town of Gorazde. Hosnbin Muslims have told the UN and European negotiators they would use force to take back Muslim lands
      Renter  -  58 words
    • Article
      Lock icon Paris, to unveil new economic package on Sunday
      292 6 Reuter PARIS The Fr'ench government will unveil a new package of measures .on Sunday to boost the economy and cut the country's record jobless rate, Prime Minister Edouard Balladur said yesterday. "We have debated a certain *number of measures and the package
      Reuter  -  292 words
    • Article
      Lock icon Lukewarm Arafat-Fahd talks kick off reconciliation process for PLO
      453 6 Reuter DUBAI Palestinian leader Yasser Arafat left Saudi Arabia yesterday after a landmark visit that should start the gradual revival of the PLO's previously strong links with the wealthy Arab oil states of the Gulf. Diplomats in the region said the
      Reuter  -  453 words
    • Article
      Lock icon Jobless levels in industrial countries worse than recorded
      575 8 IHT PARIS Effective unemployment levels in the world's five leading industrial countries are substantially higher than current figures show, a study released by American Express Bank in London has concluded. But in a forecast that contrasts with the view of a number
      IHT  -  575 words
    • Article
      Lock icon Board supervision of German firms comes under fire
      410 8 AP BERLIN The near collapse of Mctallgescllschaft AG, one of Germany's biggest conglomerates. has sparked a barrage of criticism of the way German companies arc supervised. There is too much overlap between firms' directors, creditors and big shareholders, and the same people
      AP  -  410 words
    • Article
      Lock icon US warns Russia to speed up reforms or risk anarchy
      439 8 NYT, Reuter WASHINGTON In a sharp change of tone, the Clinton administration's top specialist on Russia, testifying on Capitol Hill, sternly warned that the government of President Boris Yeltsin must press full speed ahead with economic reforms or risk an
      NYT,; Reuter  -  439 words
    • Article, Illustration
      Lock icon Analysts ask if Perry has political skills to be US defence secretary
      366 8 Reuter WASHINGTON US President Bill Clinton's new nominee for defence secretary has legions of admirers in the Pentagon and Congress but even Bill Perry's fans wonder if he is politically suited for the highly demanding cabinet post. "Perry's
      Reuter  -  366 words
    • Article
      Lock icon Fyodorov affair pushes Yeltsin to showdown with his PM
      140 8 Reuter MOSCOW Monetarist Finance Minister Boris Fyodorov stubbornly refused to resign formally from the government, pushing President Boris Yeltsin towards a showdown with his centrist prime minister. Political commentators said the Fyodorov affair had exposed an emerging rivalry between Mr Yeltsin
      Reuter  -  140 words
    • Article
      Lock icon Bonn restless over being main paymaster to European Union
      302 8 Reuter BONN Finance Minister Theo Waigel has called for a review of Germany's contribution to European Union coffers and opposition Social Democrats says Britain's generous rebate on its payments should be scrapped. Bonn has long been Europe's main paymaster, contributing around
      Reuter  -  302 words
    • Article
      Lock icon Abu Dhabi drops claims to US$400m in assets as part of BCCI deal
      257 8 AP WASHINGTON The royal family of Abu Dhabi has dropped claims to some US$4OO million (SS64O million) in US assets, complying with part of its agreement in the Bank of Credit and Commerce International scandal not to
      AP  -  257 words
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      551 6 ADVERTISEMENT m 111 Alain Prost Marathon I II fill A UA All All Inll IPPI A Congratulations yet again I 111 INN 111 II iM lIN VVnrPl k to Alain Prostfor hisspocU YIIiVjI I lVwill VII iVnttLw tacularwinatthel993For- i mu,a one Grand P 1 1 1 restreceived the World Chamnfeii
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      63 6 SECURE INVESTMENT LEASED TO TELECOM AUSTRALIA 333 QUEEN STREET, MELBOURNE Secure 8 year lease from October 1992. Comer of Queen and Latrobe streets. ift Melbourne Central and legal precinct jm !X Depreciation benefits are available. Nett income: $923,500 p.a.* Tr~POR SALE BY TENDER contact: J Tenders dose 3pm Wednesday Jim
      63 words
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      397 8 In the matter of the Companies Act. CAP 50 Pursuant to Section 290 (2) (b) SINGAPORE INDUSCO HOLDINGS (PTE) LTD (in Members' Voluntary Winding-Up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 150 South Bridge Road. #11-04 Fook Hai Building. Singapore 0105 on Friday.
      397 words
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      349 8 TOLL-FRER TBI.. No. 1-800-741-1883 I AX 741-1296 M THE MATTER OF THE COMPAMES ACT, CHAPTER 50 TEXCOT (PTE) LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at 10 Anson Road #15-19 International Ptaza. Singapore 0207 on 18 January 1994, the following resolutions were
      349 words
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      267 8 Getting Europe out of the mire of joblessness, Pg 14 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN thai, I Shinkkhi Tashiro of SS Cairnhill Road, #21-05 Cairnhill Plaza. Singapore 0923, have applied for a Retail Liquor Shop Licence in respect of premises at M/s Tokyu Scene at 109 North Bridge
      267 words
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      210 8 M THE MATTER OF THE COMPANE3 ACT, CAP. SO ANO M THE MATTER OF ACT PRIVATE UMTED (In lltmbtrs' Voluntary Windtog-Up) NOTICE IS HEREBY GIVEN, purauam to Stefan 301 of ta Compares Act Cap. 50. tal a Final Meeting of the mambara of tfia abovtnamad Company wfl ba hald at
      210 words
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  • SPORTS
    • Article, Illustration
      Lock icon Date changes face of Japanese tennis
      494 9 Australian Open AP MELBOURNE Tennis in Japan may never be the same again. Kimiko Date's progress into the semifinals of the Australian Open was cheered yesterday by a large group of Japanese supporters with their faces painted in the colours of the Japanese flag
      AP; Reuter  -  494 words
    • Article
      Lock icon Don't bet against an American not winning
      418 9 UPI MELBOURNE Few fans at Flinders Park here this week would bet against an American winning the men's title at the Australian Open tennis championship. Such is the dominance of players from the US at this year's championship, only Sweden's Stefan Edberg holds
      UPI  -  418 words
    • Article
      With Sportscom, you'd know what goes on elsewhere
      432 9  -  By Shahiron Sahari IT IS the bane of every golf or motor racing fan you decide to go and watch the event, follow one group or sit in one part of the track, and then have no idea what's happening with the
      432 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Badminton
        93 9 AFP CHELTENHAM, England Singles grand prix placing* after two events Men: 1 Hcryanto Arbi (Indo) 500 pts 2 Thomas StucrLauridsen (Den). Ardy Wiranata (Indo) 300 4 Jens Olsson (Swe). Park Sung Woo (SK) 245 6 PoulErik Hoycr-Larscn (Den) 205 7 Sompol Kookasemkij (Thai) 160 8 Joko Suprianto (Indo) 145.
        AFP  -  93 words
      • Article, Illustration
        Lock icon Basketball
        23 9 Reuter NEW YORK NBA Monday: Boston 110 Dallas 102: Detroit 86 Chicago 92: Indiana 88 Milwaukee 96: Utah 95 Seattle 90. Reuter
        Reuter  -  23 words
      • Article, Illustration
        Lock icon Boxing
        89 9 AFP TEHRAN An Iranian newspaper on Monday called for boxing to be outlawed, five years after a ban was lifted since the 1979 Islamic revolution. The paper, which is close to islamic radicals, criticised the boxing federation for their "lack of concern about the economic. cultural and social costs"
        AFP  -  89 words
      • Article, Illustration
        Lock icon Cricket
        59 9 AP SYDNEY Mark Waugh claimed his first major international cricket award as Australia thrashed South Africa by 35 runs to win the oneday finals in the third and deciding match yesterday. Waugh followed his 107 from Sunday night with 60 from 53 balls as Australia amassed 223-8 from its
        AP  -  59 words
      • Article, Illustration
        Lock icon Cycling
        70 9 AP BORDEAUX France Italian Francesco Moser said on Monday he was abandoning his attempts to break the world one-hour record and retiring from competitive racing. Moser. 42, had arrived on Monday at the Bordeaux-Lac velodrome io test equipment and make trial runs in preparation for his latest assault on
        AP  -  70 words
      • Article, Illustration
        Lock icon Ice hockey
        41 9 Reuter NEW YORK NHL Monday: Florida 8 Montreal 3; Hartford I Boston 2: Tampa Bay 4 Buffalo 0; Dallas 2 New Jersey 6; Edmonton 4 Vancouver 5 (OT); Calgarv 3 L 31 (OT); Anaheim 2 St Louis 3 (OTJ.
        Reuter  -  41 words
      • Article, Illustration
        Lock icon Tennis
        48 9 AP MELBOURNE Australian Open Tuesday Women's singles, quarter-finals: Steffi Graf (Ger) b Lindsay Davenport (US) 6-3 6-2: Kimiko Date (Jpn) b Conchita Martinez (Spn) 6-2 4-6 6-3: Arantxa Sanchez-Vicario (Spn) b M Malccva-Fragniere (Swi) 7-6 6-4; Gabricla Sabatini (Arg) b Jana Novotna (Czech Rep) 6-3. 6-4. AP
        AP  -  48 words
      • Article, Illustration
        Lock icon Golf
        115 9 AFP. Reuter LONDON World rankings released Monday: 1 Nick Faldo (Eng) 20.65pts 2 Greg Norman (Aust) 18.90 3 Bemhard Langer (Ger) 17.19 4 Nick Price (Zim) 16.37 5 FrcdCouplcs (US) 15.61 6 Paul Azingcr (US) 14.51 7 lan Woosnam (Wales) 11.41 8 David Frost (SA) 10.39 9 Corev Pavin
        AFP.; Reuter  -  115 words
      • Article, Illustration
        Lock icon Soccer
        32 9 AP SEOUL President Kim Youngsam threw his support yesterday behind plans by civilian South Korean groups to make a joint bid for the 2002 World Cup soccer with North Korea. AP
        AP  -  32 words
    • Article, Illustration
      Lock icon Can the Bills win in their 4th attempt?
      819 9  -  Dave Anderson believes nobody deserves a fourth monkey on their back, so he is rooting for the Buffalo Bills to win this Sunday Dave Anderson NYT NEW YORK Some people call it the Super Bowl rematch "nobody wanted", but the Bills wanted
      NYT; Reuter  -  819 words
  • Page 9 Advertisements
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  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      592 10 Nothing Beats A Bud. or '*****95' FULL DRV f SEMINAR PACKAGE at only $45.00 per person Good business sense means conducting your seminars or mini-conventions outside the CBD yet in the heart of the Orchard Road area. That means choosing the Boulevard Hold and our excellent seminar packages. For only
      592 words
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      Page 10 Advertisements Column 2
      221 10 Business lines, wcuniMiaj iimw; WHERE TO WINE, DINE AND ENTERTAIN "GOOD OLD FASHIONED FUN. RTCLIIBS." Mill A A tm. =<2 Plaza Hoga i ..I Jr Irresistible Authentic!r\ Economical Set Meals Company k Private Functions iSHB^r Special Wedding Packages with Free-flow of soft drinks Birthday Celebrations *1 TEtCIiW CMBEN lESTAUIANT 68
      221 words
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      Page 10 Advertisements Column 3
      309 10 THE. EtyrTZMNT.^ Enjoy an unforgettable evening of spectacular world-class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Free parking in the evening. Showtime*: B.oopm to UOpm 9.30pm to 10.00pm 7* ha. Om Um Hm. Gdtf* Q~l '"w n 0104 Til U4MU hiw
      309 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Schindler's List gives Nazi-hunter the chills
      434 11 Reuter Hollywood producer Steven Spielberg's movie Schindler's List is the best Holocaust film ever made, according to veteran Nazi-hunter Simon Wiesenthal. "It gave me goosebumps over my whole body," said Wiesenthal, who recently saw a preview of the film in a special screening. "Of
      Reuter  -  434 words
    • CHATTER BOX
      • Article
        Goldwyn picks lesbian comedy at festival
        248 11 THE SAMUEL Goldwyn Co has made the first deal of the 1994 Sundance Film Festival, acquiring worldwide rights to the film Go Fish. The film, directed by Rote Troche and produced and" wrmbt and Guinevere Turner, is an off-beat comedy about friendship, dating, love
        248 words
      • Article, Illustration
        Lock icon Death stalks a near 90 Gielgud
        355 11 Reuter JOHN Gielgud, one of the century's great classical actors, says he is working hard, reading thrillers and often thinks about death as he approaches his 90th birthday. In a rare interview, Gielgud, regarded as the finest speaker of Shakespearean verse in the history
        Reuter  -  355 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      181 11 -I Imi Mill V>' O v U'p/ii MLI Free jiitruorLaLs .yr,,. wp YOl'R Vl>.lU «(»l S trwl 4 J (X** v V V M V V ai y '1 ?1 afc«iW genuine TASTE OF ITALY. Come and dine at Pasta Fresca. Let our wide range of authentic Italian pasta, pizzas,
      181 words
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      Page 11 Advertisements Column 2
      158 11 For just $19.50 At with peach hollan- I at our new daise, beef Executive Cafe OC FTillCe, tenderloin Bonanza yOU fofk OUt with black Lunch, you J t pepper and can savour SO lllUCll iCSS much more. a delectable for fllOfC. Ancl treal combination 11 Ift yourself to of one
      158 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1196 11 TV RADIO tony finds himself being totally obsessed with the Queen of the ->■ Nile and starts to neglect his duties to Rome, the Empire, BW?— etc. Octavius uses the opportu- nity to take control over the !PlPimi^ft» state and put an end to all that > ft frivolous debauchery.
      1,196 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      It's time to tango with the Indian elephant
      1225 12  -  Singapore-India relations Special to BT BILVEER SINGH BILVEER SINGH The writer is a senior lecturer at the Department of Political Science. National University of Singapore SINGAPORE Prime Minister Goh Chok Tong's visit to India marks a new era of relations in the
      1,225 words
    • Article, Illustration
      Time is ripe for both groups to build on each other's strengths
      1218 13  -  Economic potential of Asean-SAARC links Special to BT MUKUL ASHER MUKUL ASHER The writer is associate professor. Department of Economics and Statistics, and a senior fellow. Public Policy Programme, at the National University of Singapore ASEAN is relatively
      1,218 words
    • Article, Illustration
      India's economic success is South Asia's gain
      767 13  -  Special to BT VAPAI PANANDIKER VAPAI PANANDIKER The writer is director of the Centre for Policy Research, an independent, AVh Deihi-based think-tank THERE are cogent reasons for Asean and the South Asian Association for Regional Cooperation (SAARC) to draw closer during the next
      767 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      272 12 -r\\ft* At lY Import Export Corporation .We Beijing 16 Gongti East Road N V Indoprom ~AaN s Y/V* Beijing, China *****4 Arthaloka Building, Ground Fir Tel: >*****2. Fax: *****01 £=9 6 ito!ha!.Ch"a2ooo20 d<M> 9 Shibaura 2-Chome. Mina.o-ku W?SB Fax *****79 W Tel: *****94, Fax *****97 Tel 101 TeT-?68 2l70; Fax
      272 words
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  • Article
    S'pore leads the way to India
    542 14 r==T r. INDIA is a good place to be in right now. The tide has turned in favour of liberalisation in that giant economy, reckoned to be the world's sixth largest in terms of purchasing power parity. It is fortunate that Singapore's Prime Minister,
    542 words
  • Article
    Health cover for over-70 too
    217 14 ONE fundamental problem with both Medishield schemes is that coverage stops at 70. Many Singaporeans are expected to live beyond 70. By 2030, those over 75 will number about 250,000. At the current cut-off point, they will have no health insurance when they require it
    217 words
  • Article
    Steady star performers
    187 14 THE RESULTS of the AMP survey on the performance of the top 10 per cent Malay students reveal some worrying indicators. Generally, there is a steady decline in the performance of these top PSLE achievers in terms of English, science and mathematics. Are the AMP findings conclusive?
    187 words
  • Article
    Storm over a cup of coffee
    146 14 LAST NOVEMBER, some coffee-shops raised the prices of coffee and beverages, a move which the Consumers' Association and many consumers have reproached A 10-cent increase is hardly justified since the cost of ingredients has not increased. On the other hand, some coffee-shop owners argue
    146 words
  • Article
    NU and temptations
    122 14 ALTHOUGH Nahdlatul Ulama (NU) the country's largest Muslim organisation has quit politics since 1984, NU chairman Abdurrahman Wahid seems to fully understand how powerful the temptation is to join a political organisation for the NU masses, not only because they are courted by three political contestants but
    122 words
  • Article
    Towards economic chaos
    129 14 BORIS YELTSIN's predecessor, Mikhail Gorbachev was toppled from power when he balked in the face of pressure from the old communist bloc to halt his reformist leanings. In his aftermath, Yeltsin picked up the banner of change but he now appears to have made the same mistake
    129 words
  • Article
    Stop projects going downhill
    189 14 IN THE LIGHT of the Highland Towers collapse, the Cabinet-issued order to stop all hillside development projects pending an endorsed reappraisal of safety and construction standards had been cause for some bated breathing over the bones it might dig up. The close of the month-long deadline
    189 words
  • Article, Illustration
    Lock icon Getting Europe out of the mire of joblessness
    895 14  -  Hobart Rowen says revising European labour laws and regaining control of the continent's economic future from the Bundesbank is essential Hobart Rowen The Washington Post UNEMPLOYMENT in Western Europe is stuck at or near double digits, and officials there appear unable to
    The Washington Post  -  895 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      108 14 Cognac H9 v This Lunar New Year, when |iP|k you're deciding which hamper to send to someone special, remember that an Otard hamper "n will make the best impression. Ir* Jl Otard's will be fwifk "m*" J* Sff f appreciated long after you've iBIIE s^own your appreciation. So next you
      108 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      38 14 MRS. crisp VOHR-TS\[ COIL€.CTimg por\ {L»i€JJL. uCU.. I GO IMG ON? U>»y wpoVIC l MR- DRLRSnPue' S J Upicsp you locked TWe door 7 I \ee"W?ej*c-* rr ii^-—X 1/ D£W*D AM S V^^\ M——tf—l woa POONESBURY GARRY TRUDEAU
      38 words
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  • ANALYSIS
    • Article, Illustration
      The birth of a new economy in China
      3093 15 Zhu Rongji is implementing an ambitious reform package which will change the face of China if it succeeds. International Business Week wnters talked to the vice-premier recently to find out how he intends to turn China into a modern economic powerhouse. Y
      3,093 words
    • Article
      The road to market
      939 15  -  Sipping coconut milk, a relaxed Vice-Premier Zhu Rongji fielded questions with ease at Zhongnanhai. a government compound in Beijing. He spoke for two hours with Business Week managing editor Mark Morrison, Hongkong bureau chief Joyce Barnathan and Beijing correspondent Lynne Curry. Business Week Q: What kind
      939 words
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  • Article, Illustration
    Lock icon Let SIA fly to more cities under joint tourism plan: Goh
    434 16  -  PM Goh's visit to India Reports by Walton Morais in NEW DELHI SINGAPORE Prime Minister Goh Chok Tong has proposed that Singapore Airlines be allowed to fly to more Indian cities under a joint tourism promotion scheme which will
    Reuter  -  434 words
  • Article
    Lock icon Surge in urban income could fuel panic buying: China report
    475 16 Bloomberg Business News BEIJING A Chinese government report says a surge in urban wages could fuel more inflation-driven panic buying in cities this year, while rural incomes continue to lag. The official Economic Daily yesterday said the average annual income
    Bloomberg Business News  -  475 words
  • Article
    Lock icon US consumer confidence index up 3.4 points
    253 16 Bloomberg Business News NEW YORK American consumer confidence in the economy grew in January for the third straight month despite gnawing uncertainty about future job prospects. The Conference Board yesterday said its monthly index of consumer sentiment gained 3.4 points to 83.2. The
    Bloomberg Business News  -  253 words
  • Article
    TDB signs accord with six organisations to share information
    176 16 THE Trade Development Board has boosted its drive to give businessmen more access to information on overseas markets with an agreement on information exchange with six Indian organisations. TDB chairman Alan Yeo yesterday signed the memorandum of understanding with representatives from
    176 words
  • Article
    Lock icon We will not be liable for new HK airport debt, warns China
    498 16 Reuter, AFP, AP BEIJING China yesterday strongly protested against the financing of Hongkong's new airport and said it would not recognise debts or contracts unilaterally decided before it retakes the British colony in 1997. A spokesman for China's
    Reuter,; AFP,; AP  -  498 words
  • Article
    Lock icon Rentals for HK luxury homes likely to rise 25pc
    499 16 Bloomberg Business News HONGKONG Rents for the colony's luxury apartments and houses will soar a further 25 per cent this year as more expatriates flood into the territory and put yet more pressure on an already tight market. Leading real estate
    Bloomberg Business News  -  499 words
  • Article, Illustration
    Rise of a new reactionary wave, led by global losers
    752 16  -  The Bottom Line LEON HADAR LEON HADAR The writer is BT's Washington correspondent WHAT do the following people have in common Russian nationalist Vladimir Zhirinovsky, members of Mexico's Zapatista National Liberation Army (ZNLA), Texas billionaire Ross Perot, British financier Sir
    752 words
  • Article
    Lock icon Lonrho reports 50pc profit rise, reshuffle
    180 16 AFP LONDON British conglomerate Lonrho yesterday said profits jumped by 50 per cent in 1993, and announced the departure of four close allies of group founder and co-chief executive Roland "Tiny" Rowland from its board. The group said it had seen a 50 per
    AFP  -  180 words
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      Page 16 Advertisements Column 1
      9 16 COMPAQ, m* Authorised Dealer For Singapore China! MICRQ I
      9 words
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      Page 16 Advertisements Column 2
      82 16 ASIAS No. 1 CF Computer Printer Ribbon TEL: 268 6688 Manufacturer m Guan Hua Building 133 Middle Road, Singapore 0718 Hi f J An excellent investment opportunity 11 H not to be missed. I Easy access to Bugis and City Hall MRT Stations 0L Close proximity to Bugis Junction For
      82 words
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  • COMPANIES & MARKETS
    • Article
      Maybank posts 50pc profit jump, plans listing of unit
      475 17  -  Itaports by Quak Hiang Whai SINGAPORE Malayan Banking Bhd yesterday announced a 50 per cent jump in interim earnings and said it plans to list its subsidiary Kwong Yik Bank soon. The largest banking group in Malaysia said it will apply
      475 words
    • Article
      Mayban Securities pre-tax earnings up 13 times to M$38m
      113 17 SINGAPORE The bullish stock market in the second half of last year helped lift the pretax earnings of Mayban Securities by 13 times to M 538.3 million (5522.1 million) for the six months to Dec 31, 1993. The star performer and
      113 words
    • Article, Illustration
      Lock icon Big bucks round the corner?
      72 17 SINGAPORE Vying for a piece of the IPO action was this queue which formed outside UOB Plaza yesterday. Industrial hardware stockist Hup Seng Huat launched an initial public offer of 70 million shares on Saturday. The offer comprises 30 million fixed price shares of 55
      Photo by Arthur Lee  -  72 words
    • Article
      Court calls for defence of two accused
      259 17  -  NOL share-rigging case By Ramesh Divyanathan SINGAPORE A Subordinate Court yesterday called for the defence of the two men accused in the Neptune Orient Lines (NOL) share case. Tan Boon Chiang, 39, and Low Chin Yee, 29, were charged on Aug 7 under
      259 words
    • Article
      Hong Leong v Hong Leong: who will get to own a Hong Leong bank?
      699 17  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE It has been, for many years, the fondest but unrealised hope of the Kwek family to own a Hong Leong bank in Singapore. Now, in a twist of
      699 words
    • Article
      Robinsons is only listed dept store to post interim profit
      370 17  -  By Teh Hooi Ling SINGAPORE Local retailer Robinson Co yesterday reported interim net profit growth of 11.9 per cent to 513.1 million, making it the only major listed department store to have stayed in the black. The result was achieved
      370 words
    • Article
      NatSteel Electronics to raise $85 million
      205 17 SINGAPORE Nat Steel Electronics, a member of the listed Nat Steel Group, is raising $85 million for its working capital. Deutsche Bank Singapore has launched a note issuance facility for the Singapore contract manufacturer in the capital market and is in the process of
      205 words
    • Article
      Amcol signs US$38m loan accords
      95 17 SINGAPORE Amcol Holdings and Hongkong-based New World Development have signed agreements with Societe Generate Asia Ltd and the Singapore branches of five international banks for loans totalling US$3B million (5560.8 million) to finance a power project in China's Guangdong province. The borrower, Kastille Pte Ltd,
      95 words
    • Article, Illustration
      Lock icon SUMMARY
      293 17 Source: Bridge Info Performance of STII't Index stocks Jan 25 Last Sme Mt> S««ck Kb Ckft (actor inn (S> <f) Avimo 2.120 -0.110 I.3S 2.59 CAC 1.150 -0050 5.30 I.IS CWT 3.060 -00*0 199 |.«9 Ccrebos 7.350 -0.050 4.7S I.II FAN 16.100 -0.700 10.93 16.51 GenMag 1.170 -0.040 0.76
      Source: Bridge Info  -  293 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Grand Central's rights oversubscribed
          52 18 SINGAPORE Hotel Grand Central's (HGC) renounceable 'rights issue of 28,221,600 new ordinary shares has been oversubscribed by 18 per cent. The two-for-five issue was priced at 1.05 per share. The 152,603 rights shares not accepted by shareholders will be alloted to those who applied for excess
          52 words
        • Article
          LKT unit to reduce Invescor stake
          111 18 SINGAPORE Lee Kim Tah (Pte) Ltd (LKT), a wholly-owned subsidiary of SES-listed construction company Lee Kim Tah f Holdings Ltd, has agreed with Siam Syntcch Construction Public Co Ltd, Woh Hup Pte Ltd and Bricomp Development Sdn Bhd > to sell part of its
          111 words
        • Article
          Summa becomes Seapower Asia
          31 18 •SINGAPORE Shareholders of Summa Investments yesterday approved the change of the company's name to Seapower Asia Investments Ltd. This followed its takeover by Hongkong's Sea- .power group.
          31 words
        • Article
          SPP to wind up HK unit
          41 18 SINGAPORE SES-listed construction company SPP Ltd, -which is 61 per cent owned by the Tuan Sing group, is winding .up its wholly-owned Hongkong subsidiary Manus Development Co Ltd. No reasons were given for the move.
          41 words
        • Article
          Tuan Sing incorporates new subsidiary
          40 18 SINGAPORE Listed property group Tuan Sing Holdings has set up a new subsidiary called Sing-Hu International Pte Ltd. The new unit, which has an authorised capital of $100,000, lists its principal activity as property investment.
          40 words
        • Article
          Lock icon Landmark buys Royal Lancaster
          90 18 Bloomberg Business News BANGKOK Landmark Hotel Co of Thailand, which operates a property in downtown Bangkok, has bought the Royal Lancaster Hotel, an official says. The London hotel was acquired from the London-based Rank Organisation for US$lO6 million (S$ 169.7 million), said Lancaster's sales director William
          Bloomberg Business News  -  90 words
      • Article
        Corrections and clarifications
        56 18 IN a report on Saturday, Business Times said that Creative Technology's revenue for the quarter to Dec 31, 1993 rose 114 per cent to US$B5.6 million. This is incorrect. Revenue did rise 114 per cent but from US$B5.6 million in the previous corresponding quarter to U*****.4 million.
        56 words
      • Article
        Lock icon Golden Hope unit acquires German rubber trader
        307 18 Bernama LUMPUR Golden .Hope Plantations GmbH, a subsidiary of r. Hope Plantations Bhd, k 'yesterday signed a joint-ven-[l-ture agreement with Paul- Joachim Tiefenbacher in HamGermany, to acquire Paul Tiefenbacher GmbH KCo KG. f K Paul Tiefenbacher Co is fa trading company in Ham"burg
        Bernama  -  307 words
      • Article, Illustration
        Cerebos finalises plan to boost Brand's regional sales
        416 18  -  By Genevieve Cua SINGAPORE Food group Cerebos has finalised plans to expand the regional reach of its flagship Brand's chicken essence. The plans include a new factory in Taiwan and a "sizeable" upgrading of its production facilities in Thailand and Malaysia. The
        416 words
      • Article
        Switzerland's ABB Group plans to list some Thai units on SET: report
        692 18 BANGKOK Asea Brown Boveri Group (ABB), a US$3O billion (Ss4B billion) company based in Switzerland, plans to list some of its many "niai subsidiaries on the Stock Exchange of Thailand, the Bangkok Post reported on Monday. The Zurich-listed
        692 words
      • Article
        Lock icon Jusco's HK offer oversubscribed 355 times
        346 18 Bloomberg Business News HONGKONG Japanesecontrolled retailer Jusco Stores (Hongkong) said that its initial public offer of shares here was oversubscribed 355 times meaning that for every share being sold to the public there were applications for 356. Applicants sought 22 billion shares and pledged
        Bloomberg Business News  -  346 words
      • Article
        Thai supermarket chain in packaging firm tie-up
        477 18 BANGKOK Foodland Supermarket Co Ltd, Thailand's oldest supermarket chain, has acquired a S3 per cent stake in Thai Flexible Pack Co, a leading packaging material producer. for 150 million baht (559.3 million). The Nation newspaper reported on Monday. The move is part of
        477 words
      • Article
        Lock icon Loxley performs well above expectations in Thai bourse debut
        196 18 Reuter BANGKOK Thai Farmers Bank pic affiliate Loxley pic debuted yesterday well above brokers' expectations in active trading in a market dominated by short-term speculators. The share, sold in December at an initial public offer price of 175 baht, closed at
        Reuter  -  196 words
      • Article
        Lock icon HK building materials supplier to raise HK$66m through IPO
        157 18 Bloomberg Business News HONGKONG Building materials supplier Van Shung Chong Holdings Ltd plans to raise HK566.6 million (5513.8 million) through an initial public offering of 61.67 million new shares. The new shares, representing 25 per cent of the company's enlarged issued
        Bloomberg Business News  -  157 words
      • Article
        Untitled
        664 18 MaaagHi' prtew Jan 26 Unibood-i- 1.02 1.043 e United Gr Fund! I S* 1.66 SMPPin UMt T***** United Asia Fund 1.9} 2.05* The Commerce 1.74 1.83 NTUC lacoMt 0J1 i Income Bond Policy 4.56 4.72 Sport Set Fund 1.06 I.II PnMU SSESSl oil i:." t.« MaUnttTrnt f1* Bpum 1 11.
        664 words
      • Article
        Lock icon India's telecom company to float US$1b Euroissue
        482 19 Reuter BOMBAY India's international telecom company is planning to raise-US$l billion (SSI.6 billion) through a share issue on the Euromarket in the country's largest international equity offer, merchant bankers said. VSNL's (Vidcsh Sanchar Nigam Ltd) offer is the latest in a series of
        Reuter  -  482 words
      • Article
        Lock icon TCI considers stake in Japanese cable TV firm
        239 19 Bloomberg Business News TOKYO Tele-Communica-tions Inc (TCI) is negotiating to buy a stake in a Japanese cable television company affiliated with trading company Sumitomo Corp. Sumitomo public relations official Tetsuo Ono said yesterday the size of TCl's proposed stake in Suginami Cable
        Bloomberg Business News  -  239 words
      • Article
        TNT Express launches joint venture in India
        212 19  -  By Juliette Walker SINGAPORE TNT Express Worldwide's joint venture in India kicked off its operations yesterday from centres in five cities. The $3.18 million joint venture makes TNT the first air express major to gain a direct foothold in India. The company, TNT
        212 words
      • Article
        Lock icon Court orders 12 Japanese firms to pay victims of pollution
        267 19 Reuter TOKYO Twelve Japanese companies have been ordered by the Kawasaki district court to pay compensation to residents near their factories who said they were the victims of pollution, a lawyer for the plaintiffs said. Judge Hisashi Nemoto ordered 12
        Reuter  -  267 words
      • Article, Illustration
        Lock icon Steel-hungry China, S Korea help Posco post record profit
        373 19 Reuter SEOUL South Korea's Pohang Iron and Steel Co (Posco), the world's second largest steel producer, yesterday posted its biggest ever after-tax profit in 1993 and even better results are forecast for this year. "Soaring demand from China in particular and
        Reuter  -  373 words
      • Article
        Lock icon Japanese paper firms form alliance
        174 19 Reuter TOKYO Honshu Paper Co Ltd and Takasaki Paper Manufacturing Co Ltd have agreed on an alliance to help them rationalise their operations, a Honshu Paper spokesman said. Under the alliance, which involves the companies taking mutual share stakes, they will supply each other with
        Reuter  -  174 words
      • COMPANY BRIEFS
        • Article
          Lock icon HK market shrugs off weighting cut
          105 20 Reuter HONGKONG Investors have taken in their stride a cut in the weighting of Hongkong stocks in a global portfolio managed by Nomura's London office, brokers say. "By the time we hear about it, it's done anyway," said a broker, referring to the selling
          Reuter  -  105 words
        • Article
          Lock icon First Pacific buys Indon health firms
          83 20 Bloomberg Business News HONGKONG Hongkong's First Pacific Co is to buy controlling stakes in two Indonesian health-care companies for HKS3I million (556.4 million). The investment company said its Indonesian pharmaceutical unit, PT Darya-Varia Laboratoria, will buy 50 per cent of P T Central Sari
          Bloomberg Business News  -  83 words
        • Article
          Lock icon Quick China path for Allied Industries
          61 20 AFP kONGKONG Allied Industries International Ltd of Hongkong said yesterday it had obtained "prompt" approval from the Chinese authorities to set up three joint ventures in chemicals in northern China's Jilin province. Approval was given for three ventures with Jilin Chemical Industrial COrp for
          AFP  -  61 words
        • Article
          Lock icon Tonen to pay big dividend after pressure
          76 20 Knight-Ridder TOKYO Toncn Corp, a Japanese firm controlled by major international oil suppliers, will again pay a relatively big dividend per share for 1993 for the second straight year, the Kyodo news agency reported. The Tokyo-based oil refiner was forced to make the
          Knight-Ridder  -  76 words
      • Article
        Lock icon Taiwan's Acer: 20 more firms by 2000
        392 20 Computer maker outlines ambitious plan for the 21st century Bloomberg Business News TAIPEI Taiwan's Acer Group, one of the world's largest manufacturers of computer equipment, plans to list 20 more affiliates on stock exchanges around the world by the year 2000, says chairman
        Bloomberg Business News  -  392 words
      • Article
        Lock icon Three US oil companies chalk up higher earnings
        356 20 NYT NEW YORK The recent decline in oil prices is proving to be more boom than bust to the nation's oil companies. Texaco, Amoco and Ashland Oil posted higher quarterly earnings on Monday, partially because the price of the gasoline and.home heating
        NYT  -  356 words
      • Article
        Lock icon Amcor to reduce staff by 11pc, invest A$51m in major revamp
        269 20 Bloomberg Business News MELBOURNE Australian packaging and paper giant Amcor Ltd will lay off 11 per cent of staff and invest at least ASSI million (5557.6 million) in a major restructuring of its pulp and papermaking arm. Managing director
        Bloomberg Business News  -  269 words
      • Article
        Lock icon UK telecom price war unlikely to alter strategy of investors
        288 20 Bloomberg Business News LONDON The two main UK telecommunications companies. British Telecommunications pic and Mercury Communications Ltd. seem to be preparing for a price war. and with no clear immediate winner, analysts say investors should hang onto their shares. Mercury,
        Bloomberg Business News  -  288 words
      • Article, Illustration
        Lock icon Apple to offer paging plan for Newton computer
        273 20 NYT NEW YORK In an effort to boost sluggish sales of its Newton hand-held computer, Apple Computer will begin offering the system with a paging service under a two-year lease programme with Mobilecomm, a subsidiary of Bell South that offers a nationwide
        NYT  -  273 words
      • Article
        Lock icon US$630m antitrust ruling against former USX unit stands
        351 20 Bloomberg Business News WASHINGTON The US Supreme Court on Monday let stand a US$63O million (SSI billion) antitrust judgment against a former USX Corp subsidiary for its role in an alleged conspiracy to monopolise loading docks on Lake Erie. The justices, without
        Bloomberg Business News  -  351 words
      • Article
        Lock icon Drug firm's shares slide amid disclosure questions
        230 20 Bloomberg Business News CANTON. Massachusetts Copley Pharmaceutical Inc shares fell 10 per cent on Monday amid questions on how the company had disclosed details about the aftermath of a recall of an asthma medication. Copley shares lost 3 to 27, the daily low.
        Bloomberg Business News  -  230 words
    • FINANCE & COMMODITIES
      • Article
        Thai Danu looks to provinces as profit centres
        401 21  -  From Loh Hui Yin in BANGKOK THAI Danu Bank is placing greater emphasis on provincial banking as the finance industry becomes more competitive in Bangkok. Its 35-branch network in the provinces will be called upon to become profit centres by actively extending
        401 words
      • SMALL CHANGE
        • Article
          Lock icon Auditors settle Aussie case for A$136m
          92 21 Reuter MELBOURNE A firm of accountants yesterday agreed to pay Asl36 million (S$ 155 million) to the state of Victoria to settle a court case over the collapse of a merchant bank whose accounts it audited. The settlement is the biggest reported payment in
          Reuter  -  92 words
        • Article
          Lock icon Advance Bank posts 54pc rise
          79 21 Bloomberg Business News SYDNEY Advance Bank of Australia Ltd said half-year profit rose 54 per cent on a strong gain in home lending and a reduction in bad debts. Profit in the six months ended Nov 30 increased to A 543.7 million, or 49.6 Australian
          Bloomberg Business News  -  79 words
        • Article
          Lock icon Pakistan devalues rupee against US$
          68 21 Reuter KARACHI The State (central) Bank of Pakistan devalued the rupee to 30.2600/30.4113 against the US dollar from 30.2300/30.3812 fixed on Jan 13. The bank gave no reason for the move. It fixed the forward buying rate at 30.2600 for six months and 29.3522 for
          Reuter  -  68 words
        • Article
          Lock icon Westpac joins rate cuts in NZ
          71 21 Reuter WELLINGTON Westpac Banking Corp said it was cutting its home lending rate by 0.35 of a percentage point to 7.4 per cent, making it the first of New Zealand's Big Four commercial banks to drop mortgage rates in the latest round of cuts.
          Reuter  -  71 words
        • Article
          Lock icon Bank of Spain reduces marginal rate
          38 21 Reuter MADRID The Bank of Spain cut its key interest rate, the marginal rate on securities repurchase certificates, or repos, by 25 basis points to 8.75 per cent at yesterday's regular auction.
          Reuter  -  38 words
      • Article, Illustration
        Lock icon Summa unit's offer of greener pasture
        368 21 Bloomberg Business News HONGKONG A life insurance company recently acquired by Singapore-listed Summa Investments is negotiating to recruit sales agents who have defected in large numbers from Hongkong's sec-ond-largest life insurance company, National Mutual Asia. Summavest bought small Hongkong insurance concern New Zealand Life
        Bloomberg Business News  -  368 words
      • Article
        Lock icon Dutch funds eye Latin America for big gains
        171 21 Reuter AMSTERDAM Two Dutch investment managers are planning to launch a number of funds targeting emerging "jaguar" markets in Latin America after the monster gains made by South-east Asian "dragon" and "tiger" economies last year. Robeco. the largest private investment manager in
        Reuter  -  171 words
      • Article
        Lock icon Amex to spin off Lehman brokerage
        347 21 NYT NEW YORK The American Express Co said on Monday that it would pump more than US$l billion (SSI.6 billion) into its Lehman Brothers brokerage firm, then spin it off to its shareholders, finally closing the door on its unsuccessful effort to become a
        NYT  -  347 words
      • Article
        New insurance plan covers policyholder and children
        156 21  -  •t Soh Tiang Keng SINGAPORE A critical illness plan to provide cover for the policyholder and his children under one policy has been launched by John Hancock Life Assurance in Singapore. The company says this scheme is a first in Singapore. Called Universal
        156 words
      • Article
        Lock icon A$ soars on inflation data, 10-year bonds hit 20-year low
        550 22 Bloomberg Business News SYDNEY Lower-than-anticipated inflation figures sent the Australian dollar soaring and drove the 10-year benchmark government bond yield to a 20-year low. The government reported yesterday that consumer prices rose 0.2 per cent in the three months ended
        Bloomberg Business News  -  550 words
      • Article, Illustration
        Lock icon California quake adds to bullish outlook for copper
        365 22 Reuter NEW YORK United States copper demand, already underpinned by a strong domestic economy, was likely to get a further near-term lift as Los Angeles rebuilds infrastructure damaged in last week's earthquake. industry analysts said. "The California quake has already created demand
        Reuter  -  365 words
      • Article
        Lock icon Pertamina allocates its February cargo
        180 22 Reuter TOK\t> Indonesia's state oil concern Pertamina had allocated 3.2 million barrels of low sulphur waxy residue (LSWR) for February lifting to its affiliates, mostly in line with the market's expectations, traders said. Another 200.000 barrels were allotted to the British Petroleum Co pic. a
        Reuter  -  180 words
      • Article
        Lock icon Brent likely to drop to US$10 if no Opec cuts in March
        403 22 Reuter LONDON Prices for world benchmark Brent blend crude oil could fall to USSIO a barrel if Opec fails to cut production in the second quarter, European oil traders said. Prices came under pressure on Monday on a
        Reuter  -  403 words
      • Article
        Lock icon BHP domestic steel shipments up 11.7pc
        373 22 Bloomberg Business News MELBOURNE Australian resources giant Broken Hill Proprietary Co said domestic steel shipments in December rose 11.7 per cent, the 17th consecutive monthly gain. Exports in the month were up 3.1 per cent. Domestic deliveries totalled 248.000 tonnes, up from 222.000 tonnes
        Bloomberg Business News  -  373 words
      • Article
        Lock icon World's oil reserves will last 75 years, says UN report
        219 22 Reuter UNITED NATIONS The world's oil reserves will last 75 years, according to a United Nations report on Monday. But the report said the more energy resources the world consumed, the more reserves were often being found, mostly due to
        Reuter  -  219 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        142 22 THE US$ was mixed yesterday, firming against the M$ and rupiah, but easing against the S$ and the baht. The US$ was sold down from an opening of 1.6060/70 against the S$ with the downside posing little support till 1.6020. It touched a low of
        142 words
      • Article
        Lock icon London
        186 22 Reuter LONDON The dollar's range against the mark was a narrow 50 ticks at midday in Europe, with analysts and dealers saying there was little on the horizon to cause a major upheaval later yesterday. "Dollar/mark is trapped between the rock of good US data and the hard place
        Reuter  -  186 words
      • Article, Illustration
        Untitled
        1559 22 I rode-*etihted index cakulaled awainsi S pore's lop 14 trading partners Base year 198.< US$/S$ fonmitl rates Noon Jan 23 ss BW Oder 1-month 1.6022 ***** 2-month I 6034 I 6049 3-month ***** 1.6061 6-month 1.6070 1.6090 Sounr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES to at 11m m 1m
        1,559 words
      • Article
        Crude oil prices lower ahead of inventory report
        203 22 P lg-k mh■■ il DnXHTwGrg ENERGY REPORT LONDON Crude oil was trading unchanged to lower ahead of last night's American Petroleum Institute report which traders expected to show a drop in inventories. Last week, the API said heating oil stocks fell a
        203 words
      • Article
        Lock icon New York
        85 22 AFP NEW YORK The dollar was mixed against other major currencies on Wall Street yesterday despite a bigger-than-expected rise in home sales for December. At 1440 GMT. the greenback was trading at 1.7528 German marks against 1.7508 marks at Monday's close here. Against the yen. the dollar was
        AFP  -  85 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen futures weaker on Nikkei's rise
        1320 23 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures eased again on profit-tak-ing, dampened by rises in the Nikkei Average yesterday. Contracts spiralled lower in a continuation of the market's recent downtrend as overseas buying and short-covering propelled the Nikkei cash index from its slump on
        Reuter  -  1,320 words
      • KL tin steadier on weaker ringgit
        • Chapter
          Untitled
          380 23 COMMODITY REPORTS Raw material supply in Malaysia remained tight afier recent heavy rains and ahead of holidays in February and the wintering season in March. The lnro five-day average price rose to 176.17 Malaysian/Singapore cents a kg from 175.52. The daily indicator price was 177.78 cents against 176.86. Tokyo: Rubber
          380 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Vietnam, Thailand to withhold coffee
          96 23 KUALA LUMPUR Vietnam and Thailand have indicated to Indonesian officials that they intend to withhold some coffee from the export market to help bolster prices, the Bisnis Indonesia newspaper reported yesterday. An Indonesian delegation visited the two countries last month to seek their cooperation in
          96 words
        • Article
          Aussie cotton exporters slow sales
          119 23 SYDNEY Certain Australian cotton exporters are backing away from the market after heavy sales in the past couple of weeks. "We're not as keen sellers" as a month or two weeks ago. said one trader in the New South Wales centre of Moree. "Some individuals
          119 words
        • Article
          Inco reopens Canadian nickel plant
          144 23 WINNIPEG Inco Ltd reopened its Thompson, Manitoba, nickel operations yesterday, as expected, after a scheduled 4-week shutdown, while the Sud- bury. Ontario, closure continues until Feb 27, com-. pany spokesmen said. Bob Purcetl, manager of corporate public relations at Inco headquarters in Toronto, said although
          144 words
    • Article
      COMMODITY PRICES
      1574 23 Rubber HAS Commodity Exchango (futures dosing as at lpa) tSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Feb 94 130.25 130.23 130 50 150 250 Mar 0.00 0.00 132.30 1.825 4.775 Apr 134.75 134.75 134.25 100 5.150 May 0.00 0.00 135.75 1.725
      1,574 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1345 24 -2.6 THE Australian share market closed weaker yesterdav but off its lows for the day after being boosted by another low inflation figure and a strengthening dollar. Hangover from Monday's shares tumble in Tokyo and news of price cuts for Australia's coal exports to Japan dragged the local share
        1,345 words
      • Article
        Manila
        639 24 -23.07 Philippine share prices stumbled in slow trading yesterday as long-term investors remained on the fringes and other Asian bourses were also on a tailspin, analysts said. The composite price index at the Manila Stock Exchange declined 23.07 points, or 0.70 per cent, to close at 3,089.44, while the
        639 words
      • Article
        Taipei
        550 24 -122.37 Taiwan stocks closed 2.1 per cent lower and turnover shrank on seasonally tight liquidity ahead of the Chinese New Year, brokers said. The weighted index opened slightly higher but soon fell and ended 122.37 points down at 5.835.51, near its intra-day low. Turnover fell to NT560.44 billion from
        550 words
      • Article
        New Zealand
        249 24 +8.55 A recovery in Australian share prices aided a 22-point turnaround on New Zealand's NZSE-40 capital index, the index ending the day 8.55 points higher at 2,280.69. The index had earlier gone as low as 2,260.35. Brokers said Australian shares, taken off their lows by a lower-than-expected inflation
        249 words
      • Article
        Seoul
        383 24 +4.1 Bargain hunting in electricity monopoly Kepco and some banking shares pushed the market to close higher for a third consecutive session. Brokers said profit-taking took a toll on some blue chips and low-priced counters continued to lose ground. The composite stock index added 4.10 points to 892.06. Despite
        383 words
      • Article
        Bombay
        33 24 +123.52 The Bombay Stock Exchange 30-share index rose 123.52 points or 3.1 per cent to close at a provisional 3,978.% points. The 100-share national index rose 55.22 points to a provisional 1,888.85.
        33 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        697 24 Britannia Funds Sterling Cash Bid Offer Mim ap Deposit WMOO 3* 6500 Mim Jenes G* O.I*4J 0 194 2 Mim Ma« Income ****** ****** I SS ash Imnme Plus Fund 10 7700 IIWOO PNSRcscoefund 5 2400 5 2500 Sterling Kquift Furo Performance ***** 0491* Far Easl Fund *2.7650 *2 97
        697 words
      • Article
        London
        601 24 -37.4 Shares ended broadly lower as the lack of any economic news and a weak March FTSE futures contract, prompted mild profit-taking and led to widespread mark downs by market makers, analysts and dealers said. The FTSE 100 ended 37.4 points down at 3,444.0 while the FTSE Mid-250 index
        601 words
      • Article
        Paris
        124 24 +3.85 French shares ended little changed after giving up their gains as French and German bond markets turned negative, dealers said. Some reported talk in Germany that German December M 3 would show stronger than expected growth. The CAC-40 index ended up 3.85 points, or 0.17 per cent, at
        124 words
      • Article
        Milan
        151 24 +51 Italian stocks closed mostly higher, lifted by cyclical industrial stocks that are expected to benefit from falling interest rates. But some traders warned that market may be getting ahead of itself. The market's blue-chip Mibtel index ended up 51 points at 10,002, its fourth rise in a row,
        151 words
      • Article
        Stockholm
        134 24 •27.22 Swedish share prices fell sharply yesterday as negative company news triggered heavy selling from speculative investors, traders said. The OMX index dropped 27.22 points, to 1.175.29, with 27 of the 30 'stocks in the index falling in price. The declines were led by LM Ericsson, the telecommunications equipment
        134 words
      • Article
        Frankfurt
        180 24 +46.77 German share prices held onto session gains to close higher on Tuesday buL traders were divided on Whether there is potential for more gains. The DAX index of 30 leading German shares closcd at 2,126.78, up 2.25 per cent, or 46.77 points, from the last session close and
        180 words
      • Article
        Brussels
        156 24 +9.16 Belgian shares ended stronger after three consecutive days of falls, cheered by yesterday's 10 basis point cut in Belgium's central rate to 7.0 per cent, and follow- ing the trend on other European bourses. The Bel-20 index finished 9.16 points above Monday's close at 1,499.90 after touching a
        156 words
      • Article
        Zurich
        258 24 +25.2 Swiss shares climbed 0.8 per cent to a record close as foreign investors snapped up Roche Holding AG and Nestle SA stock, and German shares recovered amid good inflation figures. The index of blue chip stocks, the Swiss Market Index, climbed before lunch to an intraday high of
        258 words
      • Article
        Johannesburg
        287 24 +2 Gold shares led gains on the Johannesburg Stock Ex- change yesterday as the market warmed to bullion's bounce overnight, but dealers said investors remained nervous about prospects for the metal. The gold index ended the day 48 points better at 1,958, the overall index rose 23 points to
        287 words
      • Article
        Toronto
        269 24 +3.45 Toronto stocks edged higher in early trading yesterday as prccious metals rebounded from Monday's heavy losses, traders said. The TSE 300 inchcd ahead 3.45 points to 4,469.25 in trade of 11.28 million shares valued at C 5151.85 million. Advancing issues led declines 190 to 169, with 239 stocks
        269 words
      • Article
        New York
        735 24 -1.69 Stock prices moved lower early yesterday as weak technical factors and declines in bond prices weighed on equities. The Dow Jones average was off 7.88 points at 3,904.91 in the first hour of trading. Volume on the floor of the Big Board came to 40.40 million shares.
        735 words
      • Article
        Amsterdam
        275 24 Dutch stocks closed lower as computerised charts of historical price movements indicated stocks are near perceived ceilings, traders said. The AEX index, composed of the 24 leading Dutch stocks, closed at 426.9, down 3.46 points. The index traded at a new all-time high of 431.21 during the morning. Dcclincrs
        275 words
    • Article, Illustration
      Lock icon HONGKONG
      2759 25 Reuter HONGKONG Share prices closed lower, presured by late weakness on the futures market, after a day of seesaw trading, brokers said. The blue chip Hang Seng Index ended down 109.15 points or 0.94 per cent to 11.490.94. It was slightly higher in late morning trade and slid as
      Reuter; Source: Bridge Info  -  2,759 words
    • Article, Illustration
      CHINA
      479 25 THE CLSA Shanghai B market remained dull with the index edging up 6.09 points to 982.5. Lian Hua and Rubber Belt added 7 per cent on light turnover. Other major gainers include Sanmao Textile, Forever and Erfangji edging up some 5 per cent. In Shenzhen, the CLSA B Index
      479 words
    • Article, Illustration
      Lock icon TOKYO
      2407 25 Reuter TOKYO Stocks shrugged off Monday's precipitous falls to end sharply higher yesterday, boosted by a late flurry of index-linked buying, brokers said. Persistent overseas demand and dealer buying of incentivebacked issues also propelled rises, as selling from corporations abated. Sentiment was cheered as the market seems to have
      Reuter; Source: Bridge Info  -  2,407 words
    • Article, Illustration
      Lock icon BANGKOK
      1620 25 Reuter BANGKOK Thai stocks finished the day lower, breaking 1.450 as investors took profits in textiles, property and banking, brokers said. The index fell 13.99 points, or 0.96 per cent, to 1.447.60. Turnover was back up at 18.9 billion baht. An executive at Securities One said the impact of
      Reuter; Source: Bridge Info  -  1,620 words
    • Article, Illustration
      Lock icon JAKARTA
      1125 25 Reuter JAKARTA Share prices closed mixed in slow late trading yesterday, with overall volume shrinking on lacklustre trading, brokers said. The Composite Index closed 1.48 points lower at 586.57. Sampoerna rose 700 rupiah to 13.100 on moderate volume. Jakarta International Hotel fell 50 rupiah to 5.375 on anticipation of
      Reuter; Source: Bridge Info  -  1,125 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2543 26 Source: Bridge Info Source: Bridge Info Gr Cr 199X94 IjH Vol Ui> Lai QmK Dh Di> YM Net M Cap High Low Compaav Sale ("000) High Low B«>er Seller Cw P/E Sail MALAYSIAN STOCKS 312 102 AISB50c 210 151 209 5.0 08 0.7 175.0 215.4 200 46 AM
      Source: Bridge Info  -  2,543 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Index sheds 5pc in steady fall towards 1,000 mark
        5850 26 Bernama KUALA LUMPUR The benchmark Composite Index plunged 5 per cent to within striking distance of the 1.000 mark yesterday as the market entered its third week of consolidation after a year-long rally. The CI started at 1,061.41 but fell steadily
        Bernama; Source: Bridge Info  -  5,850 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        6763 27 Gr Cr 1993/94 Last Val Day Last QwXt D4» Di> YM N«t M Can High Lao Coapaay S«le ("000) High Low Bayer Sclkr Or P/E tail HHHtSTHIM. AND COMMERCIAL 1440 240 t Aetna 1180 -90 111 1240 1150 1160 1180 12.5 2.1 I.I 51-1 813.3 740 220 t Ale* Hides
        6,763 words
      • Article, Illustration
        Lock icon STII weakens in continued negative sentiments
        1481 28  -  By R Sivanithy SINGAPORE Another slide in the price of Malaysian counters dragged shares lower across the board yesterday, cancelling Monday's gains. Although the Straits Times Industrials Index gained a modest 36.54 points on Monday, analysts were not convinced that a rally had begun.
        Source: Bridge Info  -  1,481 words
      • Article, Illustration
        Malayan Banking
        141 28  -  MOT STOCK By Quak Hiang Whai MALAYAN Banking showed resilience in a weak market yesterday, closing just 3S cents lower at $8.65 despite a big scll-ofT on Clob International. The stock has, however, fallen 26 per cent from its high of $11.80, so the downside appears limited to
        141 words
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      299 17 "SVENSON HAS IW ANSWERS TO YOUR PROBLEMS K T Teo. Trichologist (lATi mSMWIn the words of Swnsorfs piofasatonal Mr. k Teo trichologist K.T. Teo, who has helped thousands of men and women counteract their foore of hair loss-"I know for a tact, as soon as you enter a Svenson Hair
      299 words
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      45 18 taxable book-entry Government ioindf 1994 due 1 February 1999 K t;-|b be issued on 1 February |Mp{] Tenor approx. 5 years Amount Offered Allotted *****,000,000 Interest/Coupon Rate 3.125% p.a. on Allotment 3.25% p.a. and 99.427% Cut-off Yield and Price 3.30% p.a. and 99.199% cut-offaSotted approximatelys4%
      45 words
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      Page 18 Advertisements Column 2
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      41 words
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      154 20 A LESSON IN BAMBOO «.[c I n Chinese lore, bamboo is a symbol of <fir# longevity because of its great strength, its use- I fulness and ability to thrive in winter. The most versatile of plants, r bamboo is used for valuable lesson from the ways of the bamboo. In
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      Page 20 Advertisements Column 2
      117 20 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. a 8.V.1 3 ISLE OF MAN BAHAMAS a JERSEY CP BELIZE LIBERIA 3 COOK ISLANDS O MADEIRA CI DELAWARE
      117 words
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      355 21 StrtOlh" y. x rr-• -f Shanghai j ad Hysan DahSiag Champion Technology Hutchison Whampoa Ryoden Development Financial Holdings Holdings Ltd Warrants 1995 Development Ltd International Placement international Placement International Placement Covered warrant issue International Placement HK5648,605,750 HK)207,260,000 HKJ370.383.750 HK5153,900,000 HK5252,500,000 43.385,000 shares 9.640.000 shares 50 000 000 shares KK3 8S
      355 words
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      165 23 Notice ALCAN AUSTRALIA LTD USD 175,000,000 Transferable Loan Certificate Facility Agreement Dated 23rd December, 1991 In accordance with clause 14 of the Terms and Conditions of the Transferable Loan Certificates (the "TLC's") notice is hereby given that the rate of interest in respect of an issue of USD 35,000,000 of
      165 words
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      Page 23 Advertisements Column 2
      11 23 i proposed. She accepted." k **P m f wom U lIlLOVEYOl^^i'
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      Page 23 Advertisements Column 3
      36 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead 737-1166 Business heats up JjL when you make the call and place an CJLTJ. ad. 1737-IM4
      36 words
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      62 words
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      64 27 Johnston Murphy. A heritage of excellence since 1850 Gaieties Lafayette Orchard Isetan Scotts •Robinsons •Takashimaya Bs. &&1 4&'4& '4 fe 5; '4 7a) 4 '4 5'4 v r I 'f) li s (i I li! will) Redder? S" and Advertisers alike! 5.4 *f* <£' i*-3 The Classified j* k <•
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      255 28 it *1 tt Vkrv TAT LEE FINANCE LIMITED (tnoofported in the Republic of Singapore) ANNOUNCEMENT OFFER FOR SALE BY NDC MERCHANT BANK LTD OF 8*40,000,000 PRINCIPAL AMOUNT OF 3.625 PER CENT. UNSECURED BONDS DUE 1990 AND 18,000,000 WARRANTS (THE "WARRANTS") TO SUBSCRIBE FOR NEW ORDINARY SHARES OF SBl.OO EACH IN
      255 words
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      Page 28 Advertisements Column 2
      113 28 CORRIGENDUM With reference to Buiinesi Time* Pa(e 28 of 13 January 1994. Companies Winding-Up No 269 of 1993 of TROPICAL AQUARIUM PTE LTD should read as "SINGAPORE TROPICAL AQUARIUM PTE LTD" and for second line of paragraph one. the words "28th day oT should be deleted. AQBAL SINGH* PARTNERS CORRIGENDUM
      113 words
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      Page 28 Advertisements Column 3
      550 28 TOL^5RE^EL^^l3o^TOMBB^^Hx!5M529e I NOTICE IS HEREBY GIVEN that, I Khoo Theng Chum of Bk 119. Simei St 1 #10-512 Singqroe 1852, have applied for a Retail Liquor Shop Licence in respect of premises at Double Top Trading Enterprise at Blk 248 Simei St 3 #01-118 Singapore 1852. and that this spphratinn
      550 words
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      Page 28 Advertisements Column 4
      361 28 BROKERS'STOCK PICKS in Personal Finance and Investment on Saturdays NOTICE IS HEREBY GIVEN that, I Lnn Kim Teng of Blk 731. Yishun Ave 5 *04-133 2776, have spplied for a Retail Liquor Shop Licence in respect of premises at M/S Kim Teng Mini-Mart at 294 Geylang Road Singapore 1438, and
      361 words
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  • Shipping Times
    • Article
      Lock icon Westmont to acquire 51pc stake in Perkapalan Mesra
      330 29 Bernama KUALA LUMPUR Westmont Bhd (the former Yangtzekiang Bhd) plans to buy a 51 per cent stake in Perkapalan Mesra Sdn Bhd for M 522.95 million (5513.8 million) cash. A Westmont statement yesterday said 6.76 million Perkapaian Mesra shares of Msl each
      Bernama  -  330 words
    • Article
      Lock icon Phantom ships run by gangs plying Asian waters, says report
      179 29 Reuter KUALA LUMPUR Criminal gangs are running "phantom" ships that plunder cargoes, smuggle illicit drugs and ferry illegal immigrants across the East China Sea, a senior maritime official said yesterday. "The gangs are capable of stealing ships when they have
      Reuter  -  179 words
    • Article, Illustration
      Lock icon Hutchison Whampoa raises stake in HIT to 77.5pc
      218 29 Reuter HONGKONG Hutchison Whampoa Ltd has acquired an additional 17 per cent of the stock of Hongkong International Terminals Ltd (HIT), raising its stake to 77.5 per cent, HIT managing director John Meredith said yesterday. Mr Meredith noted that Orient Overseas (International)
      Reuter  -  218 words
    • Article
      Lock icon P&I clubs move into the information age
      921 29 Marine insurers aim for more professionalism in financial statements Fairplay LONDON The P&I (protection and indemnity) world reacted with some amusement recently when a leading firm of insurance accountants suggested, in an article in the shipping press, that the industry could benefit from
      Fairplay  -  921 words
    • Article
      Lock icon Sea-Land order for vessels may go to Japanese shipyard
      284 29 Lloyd's List HONGKONG Sea-Land Service is negotiating to order four 3,600 TEU capacity containerships with Japanese shipyard Ishikawajima-Harima Heavy Industries. The yard has been singled out as the likeliest to secure the order after Japan appeared to edge out South Korean
      Lloyd's List  -  284 words
    • Article, Illustration
      Operations at Los Angeles port unaffected by quake
      339 29  -  By Rahita Elias SINGAPORE The Port of Los Angeles, the leading container gateway on the US west coast, suffered only minor damage in the earthquake that hit the city last week. Los Angeles Board of Harbour Commissioners' president Frank Sanchez said: "Business
      339 words
    • Article
      Lock icon Bonn stops German ship with rocket fuel for Iraq
      211 29 AP BONN Agents raided a German freighter and seized chemicals destined for the production of rocket fuel by Iraq, the government said. Germany was tipped off by a foreign intelligence agency and got permission from Saudi officials for the raid last
      AP  -  211 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1112 29 Pa«e Col ABC Containcriinc 12 I Accord Group 8 1*3 Africa Container 16 4 Ahrcnkicl Liner 4 1/2 AOEShpg 15 4/5 ANL 3 1/2 APL 5 3-5 Appenship 8 4/5 Arabian Express 15 5 ASCI. 5 5 ASXCL Shpg IS 2 Avant Shpg
      1,112 words
    • SHIPS IN PORT
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        AT CONVENTIONAL WHARVES
        535 30 Vwsd ¥oy W> Bfth Vrwal Pqwtwe Vwej Moy No Bwft Vmal Ptpartwe Jurong Port Ebna SC264C 76MN' P01A 26 01 1100 26 01/1900 Alberto Tope 248 117 18 alongside 2601/1800 Equator Gran 82 4f P03 2601/0730 2701/1730 nmukufci 401 18 alongsde 2601/2359 Equator la* 1014E P02 2601/2000
        535 words
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        CONTAINER SCHEDULES
        1497 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance RsNs $hip Voy No Etb/Btr Period From To From Aci Daisy 0488 28/2000 2 25/1700 26/0659 26/0900 3 26/0700 26/1159 26/1400 4 26/1200 26/1459 26/1700 Aci Swan 102A 26/1500 1
        1,497 words
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      THE SHIPPING GUIDE
      12292 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      12,292 words
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      DAILY FREIGHTS
      1402 45 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1.236 on Monday from 1.238 on Jan 21. It was a slow start to the week on the freight market with rates appearing to have eased on the key US Gult to Japan grain run. brokers
      1,402 words
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      TRANSPORT DIARY
      433 45 COURSES Title: Gaining the Quality Advantage Through Total Quality Management (TQM) with emphasis on the Deming Approach Duration: Jan 27 Organiser The Chartered Institute of Transport Tel: For more information contact CIT Secretariat at 226-3433 or fax: 226-2477. Title: Cargo Handling Supervision (SDF 70%) Duration: Jan 27 Jun
      433 words
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      Lock icon Staying small and innovative
      1150 46  -  Virgin Atlantic's new Asian service starts next month. Chairman Richard Branson talks to Andrea Rothman about his expansion plans Andrea Rothman Bloomberg Business News ASSENGERS flying I W from Europe to |Y Hongkong on selectI ed Virgin Atlantic JL~ Airlines needn't worry about wrinkling their clothes
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    • AIR AND LAND TRANSPORT NEWS
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        Lock icon US court rejects airlines' arguments in suit over airport landing fees
        529 48 NYT WASHINGTON The Supreme Court rejected on Monday an airline industry attack on airport landing fees in a ruling that could strengthen the hand of airports seeking to exact more revenue from commercial airline operations. The impact of the
        NYT  -  529 words
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        Lock icon Malaysia Airlines awarded approval for maintenance work
        239 48 MBT KUALA LUMPUR Malaysia Airlines has become the first carrier outside the European Union to be granted approval for maintenance work by the Joint Airworthiness Authorities (JAA). It has been awarded the Joint Aviation Regulation 145 (JAR-145) approval which allows the national carrier
        MBT  -  239 words
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        Lock icon Fast-growing Malaysia Airlines aims high
        199 48 MBT KUALA LUMPUR The year 2000 belongs to the AsiaPacific rim countries in terms of civil aviation growth and Malaysia Airlines aims to make the most of this, says managing director Kamaruddin Ahmad. He wants to turn the national carrier into a quality, world-class airline
        MBT  -  199 words
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        Nissan expects to turn in profit despite sluggish market
        329 48  -  By Ramesh Divyanathan SINGAPORE Nissan expects its corporate restructuring efforts to achieve a "suitable profit level even under low-growth conditions" in 1994. The world's fourth biggest car maker will also "exert every effort" to move out of the red in the
        329 words
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        Lock icon Ariane rocket crashes after lift-off
        45 48 AFP KOUROU, French Guyana An Ariane rocket prior to its 63rd launching on Monday. The unmanned rocket crashed into the sea shortly after lift-ofT on Monday with a Turkish and a European telecommunications satellite aboard, space centre officials said. AFP
        AFP  -  45 words
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        Lock icon USAir, BA tie up to start express package service
        338 48 Bloomberg Business News WASHINGTON USAir Cargo and British Airways World Cargo on Monday said they would start an airport-to-airport express package service on Feb I. By taking small parcels runway to runway, the venture between the cargo units of USAir Group
        Bloomberg Business News  -  338 words
      • LOG BOOK
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          Lock icon Jakarta denies aerospace talks
          65 48 Reuter JAKARTA Indonesia yesterday denied it plans to cooperate with Taiwan on aerospace, saying it would be unrealistic because of differing interests. "We have different interests in the types of planes to produce. Taiwan's production interest is mainly military in nature, while Indonesia's is commercial." the
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          Lock icon Chevron Shipping names president
          46 48 Bloomberg Business News SAN FRANCISCO Chevron Shipping has named Thomas Moore as president, replacing Douglas Wolcott, 62, who is retiring. The changes are effective April I. Mr Moore. 48, has been vice-president and general manager of operations since 1988. Bloomberg Business News
          Bloomberg Business News  -  46 words
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          Lock icon Hungarian airline in deal with Delta
          69 48 UPI BUDAPEST Hungary's Malev Airlines has signed an agreement with America's Delta Airlines to begin a new direct passenger service between Budapest and New York in the spring. Malev has lost US$2 million (553.2 million) since last May on its Budapest-Rome-New York route operated
          UPI  -  69 words
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          Lock icon Pakistani airline suspends operations
          50 48 Reuter KARACHI Pakistan's private Hajvairi Airline has temporarily suspended operations, general manager Attaullah Khan said on Monday. "We have suspended our flights for a week or 10 days from yesterday as our partnership agreement with Aeroflot Russian International Airlines ended on Jan 20," he said. Reuter
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          Lock icon Bombardier sells planes to Taiwan
          65 48 AFP TORONTO Canada's Bombardier has sold a pair of passenger planes to Taiwan's Great China Airlines for Cs26 million (5531.7 million). The Dash 8 56-passenger planes will be delivered in April and May. a Bombardier statement said on Monday. Great China Airlines, which already has
          AFP  -  65 words
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          Lock icon Spanish govt, unions break off talks
          73 48 Bloomberg Business News MADRID Spain's government and labour unions broke off talks on the operation of public transport during Thursday's general strike, allowing the administration to decree the level of services available. However, labour leaders said on Monday they could not guarantee workers will
          Bloomberg Business News  -  73 words
      • Article
        Lock icon US agency orders fume canisters in new cars
        251 48 AP WASHINGTON The US Environmental Protection Agency (EPA) directed car makers on Monday to equip new cars with canisters that capture toxic, smog-producing fumes during refuelling. The canisters will have to be phased in over three years beginning with 1998 models. Vans,
        AP  -  251 words
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1698 48 ag W ET< w ETD_ Oft nw CT* "W E»_ Ml Dhabi QK5I0 1800 0K511 2305 Fnhaiha SQ969 1705 SQ990 0130 kMMt SQ227 2030 CWW SRI 83 2140 RJ182 1440 RJI83 2205 Qwylwi CZ353 1255 CZ354 1420 Amsterdam SQ319 0810 SQ324 2230 VN741 1310 SQ176 1130
        1,698 words
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      44 29 Drager SAFETY EQUIPMENT PA9O MARINE v(Bl Specifically Desired M For Maritime Application M HIGH QUALrry HIGH PERFORMANCE HIGHLY AFFORDABLE flßflT -5 Draeger South East Asia Pte Ltd 67 Ayer Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 Fax: 773 2033 Tlx: RS ***** DWSING
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      7 29 •Virgin stays small and innovative, Pg 18
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      42 29 VISA FREIGHT SERVICES PTE LTD 1 |f" THE TOTAL TRANSPORTATION PEOPLE 1800 *****66 Airlines lose in suit over airport fees, Back Pg Ums aid mtvlcm raprnmM Mirtiri «f 41m Btghtiy fl Accrwßtod fIMIV MiUiml for advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      447 30 TSKUNE AQENCCS (S) PTE. LTD. AgngA rI 1 17 nTp Tel: 226-3363 □PPS JL k3«JV# I lIMr Fax: 226-1972/3 lTj®crcr# Tlx: RS *****/TSKSIN. 3glg§P TOKYO SENPAKU KAISHA, LTD. CR No: U*****0000N I > BwtTiia HflMßfflM. mm. immt am *iwm mar i \mmm' <ot m m m m I m mmm
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      1354 30 l i" i i I*>■ 'i i i ..I |T m~ m-arrT on W in* tNT"; WW* CTIMI' HOMW' BMT I un«nrf «mT U» CAUFOMNM jumti 70 ***** I 12.2 I 14.2 112 I 177 lIS 2 I IS7 I >12 112 112 I I Mj CAI If OHM* Pf
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      2403 31 ?E^32 3 B^Fi;^2^2 NESH,P,>,NOAGENC,ES pSt^SKTSIS 7?6 E 7?76Fix > 03:*****42 DOCUMENTATION TEL: *****55 (INWARO)/*****90 (OUTWARD) PENANG TEL. *****4 FAX_ *****1 CFS TEL: *****6 32 3^ *****82 P P SdA E N L g\lL 7O3 5H3^3 5 F 4 A 2 J O€ *****4 OPNS, CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR BAHRU
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      2534 31 ■HEBsaanza WEEKLY TO MEXICO CITY IN JUST 23 DAYS AXEL MAERSK V.9404 ETA SIN 2ND FEB 1994 Vessel Voy ETA ETD Feeder by S Laurel DESTINATIONS Thu Meek ANOERS MAERSK V 9490 01/02 0600 HRS ■■■■piHIM CFS 31/01 2359 MRS JOH LPK PEN OAR LGB SFO MEM ATI] MIA CMS
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      1610 32 AQABA R OAM/ IE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JSDOAH (VIA JED) S TON H BURG A WERP HAVRE MALAYSIA KATSURAGI 19/103 26/1 12/2 IS/2 13/2 Port Kelanq. Penanq KITANO 23/303 29/1 7/2 13/2 16/2 19/2 21/2 23/2 Pasir Gudang KAMAKURA 32/104 2/2 *'2 22/2 2° /2 EAST
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      582 32 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for aH services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Rigs, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR e Poland FULL CONTAINER SERVICE TO NORTH/WEST AFRICA FEEDER VESSEL ETA SIN NED OCEANIA V.2503 28/1
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      974 32 NORASIA WEEKLY ttUVMI WITH FIXED DAY SAILING m LA SPEZIA r FFOrS r BARCELONA, VALENCIA STORE GENERAL A6EMT: NORASIA AGENCIES (S) PTE LTD MLSO ACCEPTMG La TO: Ttt: *****83 fAft *****88 VCMCE/TRCSTE/fIKOM/ALEUMRtt/NtiV CR NO. 13SS1MOOOOO yun/—pw/mi rni/i—mwot g MMmne THAILAND AGENT :PB AGENCIES CO LTD TEL: *****88/80 *>**.>.« v INDONESIA
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      1738 33 H STRAITS SHIPPING PTE LTD 10 Haa Chiang Road #11-01 Kappa! Towers Singapore 0208 Tal: *****80 Fax: mew guinea pacific um~ jgro <a service of chma navigation co) accepts yMyv CARGO DUE SAILS *03€ Mian. Lab 25-26 1m 27 lan 21 tM FCL, LCL CONTAINER AND MCAKBULK SERVICE TO PAPUA
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      2610 33 tk&V SINGAPORE AGENT: ■Nn |)Jki(| I ArifoillAfC PAO Containers (Singapore Agencies) Pte Ltd n A m, W 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Wr V. TA Tel: 225 2233 Tetex: RS ***** PNOCSP Fax: 225 5327/222 7517 ST*'' r W*' CR Number: **********0Z EXPORT IMPORT i VESSEL
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      556 34 EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MYANMAR TRADE RAG€R HANPPHOWE/DWECT WILLIAM WEE M—l *****01/*****32 H9 CM WHWti CITY HENRY HOE rww 727M2»/M«m4 KELVIH CHAN 2JKS22 *****22/*****03 TO MYANMAR/YANGON SEMI CONTAINER SERVICE i@!»7 M OCEANLINES •VSI/WY STOK *fBM 15,2 20 7 2>/2 m I
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      1917 34 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FDR VSI r»T UNEHAUL SEA YW POX FOB Wl SIN UNE HAUL SAY U WC HANAN SEATTLE 032E 28 l OMCCT 17/2 11/2 U/2 HAN* SEATTLE 032E 28 1 H KEEIIMG (MCE 3/3 4/3 8/3 HANAN
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      1520 34 J U .TJTraTTI^ I m us w iu m ii o« m sw no iu at u nt u« m w w w kd m hi sr I l GOLHNRE442 25<1 27/| M/l 2/2 1/2 7/2 0/2 U/2 11/2 13/2 12/2 24/2 9/3 11/1 12 1 22 1 23 3
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      1990 35 PLEASE CALL HI II NEPTUNELINK (1800 *****00 TOLL-FREE) II H FOR THE FOLLOWING INFORMATION: HI II VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ ■I Zr M FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ AVAILABILITY OF DOCUMENTS FOR COLLECTION H vtpmr TO: pwm/pmt imoAtotm caupomia Mmm** (9CX) TO: mmc mm** mmmm—WK tiimm VCSSCL VOY I4J LOS
      1,990 words
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      985 35 A MULTILINE SHIPPING PTE LTD W (a mombor of SMSOV Group) CR NO: **********0 C ENQUMES: *****33 BOOKM6S: *****64, *****51, *****31, *****13 BALTIC: MWARD *****97 OUTWARD *****10 T/S *****10 jfc. A BLASCO: MWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKM6S *****06 DOC *****07 MARME INSURANCE: *****87 MVENTORY: *****59 AGENTS: KL:
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      1531 36 AS AGENTS: "K" LM (SWfiAPORI) PH LID (01 Nfc **********0*) J^ r TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I T MALAYSIA *1" LM MAMTNI (MALAYSIA) SON BHO V MW TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA P.T. SAIANA LAMT MTOMISA. TEL: JKT *****08
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      1119 36 ©APPENSHIP (Q\ HAMBURG ITvy CONVENTIONAL A INDEPENDENT LINER SERVICE V—/ EUROPE TO SOUTH EAST ASM AND FAR EAST VESSELS LOWING PORTS DISCHARGE 10 AUNG FOR VASILIV MATUZENKO 2.2 94 UNISON ANTWERP 31.1.94 3 3.94 INZHENER PARKHONYIM TARRAGONA 62 94 63 94 KOALA CONTAINER LINE STORE ax HAM ROT LEH DKK
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      1008 37 PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I CR NO: **********0E J VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN SJNO MARINE 32N 29/1 1/2 5/2 MAJAPAHIT 4141 30/1 212 8/2 roVa B.i D.a SL, I/, BUNGA TERATAI 4553 1/2 4/2
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      1528 37 [VCSSIIS VOT HAMBURG ROUIROAM ANTWIRP IHAAKS l£ HARVE wit oc mom i)3n 20,01 20- 02 22/02 23/02 24/02 n/02 ADAM ABRAHAM 7132W OS 0? »l/ 03 03/03 04. 03 05/03 06/03 lOK 10 IXPRCSS W3?W M M 04/03 06 03 03/03 04/03 03,03 HANSA CARRKR 7332W H/03 13/03 14/03 15/03
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      417 37 BSfl nJ "■WBIBI— M MYANMA pBBk FIVE STAR LINt (Myanmar National Line); Loading for Yangon (Rangoofi) Spore P.KIf Pen P.G*• »A-AN VI99W 1/ 3 Feb AVA VI27W In Port J PAGAN V2OSW 28/31 lan In PI 1 MALAYSIA AGENTS BOUSTEAO SHPPW AGENCCS KUL TEL 03 *****00 PKL Til 03 3SK7C7
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      88 39 MARITIME 8 Naval Architects/Marine Engineers/Marine Surveyors, established in 1967, more than 20 years experience in international ships' registries. Specialise in: Ship registration under open registry countries Offshore business company formation Statutory survey and issuing of mandatory Load Line, SOLAS, MARPOL Certificates on behalf of the Governments of several open registries
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      2868 40 rncrrk war—vs et»t «t itun mmmjwns COSTtt SNffffNC Mill® OB(CI>» UipWMiIJJ CONTAINER OMr-*-1 CM HO: ********** M ft***JV uamtccsv rii _x T mm UK-am- PH^ftTifr LINES msmnsm FAX NO: 226 1866 (MAIN) 226 2208 (SALES) f 7 Global hrtra I admit Maritime BOOKING AGENTS Mam Lme: Jakarta (21) *****38 SMppav
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      669 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 31/1 ROTTERDAM 31/1 AARHUS/COPENHAGEN 31/1 HAMBURG/BREMEN 31/1 MARSEILLE/FRANCE V 2 FELIXSTOWE/UK 29/1 BARCELONA/SPAIN 30/1 LEHAVRE/FRANCE 29/1 GENOA/ITALY 3VI ANTWERP/BELGIUM 3VI LOS ANGELES/WC/PI 29/1 SYDNEY/MELBOURNE 29/1 NEW YORK/EC 29/1 FREMANTLE/ADEUUDE 27/1 VANCOUVER 28/1
      669 words
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      1262 41 ingggp&nDffiiHnß Hi j HI |l—B VESSEL *°I ?T 1 VESSEL VOY SIN PEN j CHAIYA BHUM »S Fn__Jß/i__Tu. 1/2_ 1 DEJA BHUM M Fri 28/1 Sat 28/1 VESSEL VOY SIN MK SNA TWA BHUM 14S 1 THANA BHUM 15N FfT~ 2S/1 Sun 30/1 MAMA BHUM IS4N Wad 20/1 St 20/1
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      Page 41 Advertisements Column 3
      449 41 pi PONCNAMA Lllij K»i Ivc IF*M r*B» HONGRCME S.ORY V44IN M/l 1/2 3/2 12/2 14P MOJM MtlH 3/2 5/2 4/2 7/2 11/2 21ft* TU.SDAS VM2M 11/2 12/2 14/2 25/2 27/2 SMONC Ultm V4O2M 17/2 19/2 21/2 4/3 4/3 ROUND THE ASIA SERVICE 1' KSai SK >1 pvc HRG TOR 0»
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      1746 42 PJkSMN CONTAINER LINES Bix-yVxrlAoents: MAC-NELS SPORE: *****22 (24 UNCB) »)v 'cAHkMRIMI SIBU (064) *****9 KUCHINQ (062) *****3 1 PENANG: (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 r HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 28/1 29/1 30/1
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      Page 42 Advertisements Column 2
      191 42 I SEAWARD SHIPPING AND I TRADING GO (S) PTE LTD IT» ETA El* SKXtE KMT KEIMG KNMK BIUE WOE 15/2 loadirt 'or *UVM HUDHU 20 2 OscFwginf and loj4>n( to» Bombay Dan* 107 Loadmi For Malt nONEQt SUMIEME 20 2 Loading For Mal« UMMEEOH M PORT loading For Ma* PROGRESS
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      1058 42 f JL THONG SOON UNES PTE LTD 1 I 78 SHENTON WAY #10-01, SMGAPORE 0207 I I \y Ta: 227-5088 FAX: 227-6011 I I -j£ JJJL TLX: RS ***** CARRO, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK ttSSEL |m [S'PHE IiEST VESSEL |VT ISTttt IiCST EQUATOR JADE 101/4E
      1,058 words
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      718 43 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPT* WMBULK/SOC CARGOES TO/FtOM KOBE. YOKOHAMA. NAGOYA, HOI. TO*TO*. MANIA*. OAVAO*. Penanf* P. Ketang Sin(apart E'Msia* IVYEVERETT V7E In PI/27 Im KARABEVERETT VISE 31Jan/01 Feb 05/06 Fed KAMALEVERETT VI9E 14/15 Fife 16/17 Ftfe ACCEPTMG MKAKBULK/FCI/SOC CARGOES TO/FKOM CMTTAGONG. CALCUTTA MB MONSLA* S«f apore
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      371 43 ft GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ft ASEAN DIRECT WEEKLY TO PORT KELAN6/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VI 29/1 1/2 7/2 16/1 GLORY SELATAN IX 1/2 2/2 10/1 SP PKL HCM HK KAO TIBER TRADER XI 30/1 1/2
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      524 43 jdhfL PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE VtSStl WOT SM KMACH SM6OOHA IMHW 03/0? 12/02 M6HAB 106-HW 14/0? 23/02 MMgjg 1454W 0?_ £3 12/03 BQIM I»HW 11/03 27/03 FAR EAST CONTAINER SERVICE ONLY TZTI —'u* Wt BSW OST" WAS TOO HYDERABAD 126 ON 18/02 24/02 01/03 07/03
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      616 43 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/ P. ELIZABETH VESSEL SIN DURBAN P ELIZABETH iIAN HE/SO 26/01 09/02 27/02 Ml* HE/102 11/02 24/02 14/03 VI HE/9® 26/02 09/02 27/02 ACCEPTS CARGO TO JOHANNESBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO SIN TO MADRAS VESSEL SIN MOS SIN KOTA MELATI V
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      243 43 SIN FAR EAST 2/02 KEELUNG/KAOHSIUNG 29/01 BANGKOK V--31/01 MANILA/CEBU 31/01 JAKARTA/BELAWAN/SURABAYA 1/02 PORT KELANG/PENANG/E. MALAYSIA 29/01 BUSAN 29/01 TOKYO/YOKO/KOBE/NGO/OSA 29/01 HONG KONG SjN CHINA (+m*±mmn) 29/01 GUANGZHOU/HUANGPU/SHENZHEN I'. FUZHOU/XIAMEN/SHANTOU/SHEKOU m DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 1/02 LDN/FLX/LVP/SOU 1/02 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN J; also accepting cargo to Austria/ J. Hungary/Romania/Poland/Bulgaria/Czech.
      243 words
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      801 44 Handling System Co. Pte. Ltd. 136 138, Neil Road, #03-00, Singapore 0208 TT7 VT7 M CFS-20, Gul Road, Singapore 2282 Tel: 02-*****28 Handling System Co. Sdn. Bhd. N0.9 Lorong Cungah, ***** Port Klang, Selangor, Malaysia 24th Floor. L'MBC Main Building, ***** Kuala Lumpur, Malaysia Handling System (HK) Co. Ltd. Wing
      801 words
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      378 44 y Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 05 FEBRUARY (Accepting to all N*«r Zealand porta) PENANG 28 JAN JAKARTA 01 FEB PORT KLANG 31 JAN MANILA 30 JAN MELBOURNE 29 JAN SYDNEY 29 JAN FREMANTLE 30 JAN BRISRANE 30 JAN ADELAIDE 02 FER 'ACCEPTING TO ALL SCANDINAVIA PORTS
      378 words
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      Page 44 Advertisements Column 3
      488 44 This Week's Sailings Singapore I To: ETD II ETD "^aTwaRDH? Singapore Singapore I so 9002 BY LRQA EVERY EVERY Bangkok SUN Jakarta SUN GXP, EVERY EVERY Manila SUN Ho Chi Minh FRI EVERY EVERY Colombo TUE Li mas so I THUR ItTERNATIONAL SEA FREIGHT FORWAMK Tel: Fax: AND LOOSTKS SERVICES
      488 words
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      Page 44 Advertisements Column 4
      70 44 I I! NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOYA/KAOSHIUN'G/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHVNEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI. SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart Singapore
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  • Page 45 Advertisements
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      Page 45 Advertisements Column 1
      1229 45 f .|—g—y CRYSTAL FREIGHT SERVICES PTE LTD iJ332SAL-. 3$ MMWHm —Mwwwai n urifn i, AUCKLAND 5/2 ANTWERP 31/1 Imcaw 1/9 ADELAIDE 3/2 FELIXSTOWE 29/1 wnwrKnwr, ?g/i BRISBANE 3/2 HAMBURG 31/1 TAlaota 1/9 FREMANTLE 28/1 ROTTERDAM 31/1 SURABAYA 1/2 MELBOURNE 28/1 KEELUNG !!1 SYDNEY 2./1 KAOHSIUNG 28/1 kobe 30 1 OTHER
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      Page 45 Advertisements Column 2
      180 45 CEYLON SHIPPING CORPH National Line of Sri Lanka FULL COHT/UNER SERVICE mvR WT m ctonsrnr cai VUi K TTTMW Mill K/01 M/ll »7/M 11/12 wm mum nun k/k w/i? k/m w/k watmo mm mm-3 ?7/ti n/n mmmxA mw u/u v/tz MOMS* m-WTHMt M 65-* 13/12 17/K CMIUI <W 17/02 22/12
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      Page 45 Advertisements Column 3
      306 45 rCONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.23 PORTS VOY MONTTVKXO BUPAOS 5555 i JAKARTA SWWOAt |HOH6 KOWCI KAQOIHWA YOKOHAAaTI VESSELS All MVIOWAO EBO6 6AWXO TAtl fP SAILED SAliO SAILED 18/01 23-90/01 01/02 PtIROOVORETS Ego* SAAEP SAAEO 11/Ol T/S Spere 26/01 31/01 *****/02 14-18/02 06KA8RIST "iBO7 30/01 31/OH>B/03 22/02 08 15/03
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  • Page 46 Advertisements
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      Page 46 Advertisements Column 1
      237 46 A VIGOUR PACIFIC LINES WORTH PHILIPPINES PULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA VIGOUR PACFIC 9405N 28/01/94 05/02/94 VIGOUR PACIFIC 9405 AN 31/01/94 05/02/94 IONm EVERY VIGOUR SINGAPORE 9406N 04/02/94 12/02/94 FRIDAY ANO MONOAY VIGOUR SINGAPORE 9406 AN 07/02/94 12/02/94 PORT KLANG/PENANQ FULL CONTAINER SERVICE 1 VESSEL VOYAGE SINGAPORE PORT
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      Page 46 Advertisements Column 2
      193 46 TITIMAS SHIPPING U TRADING SDN. BHD. TITHYIAS P. KELANG <03)*****55 (H/Liiw) Fax: 03-*****63 Tlx: MA 3941S TISITA VESSELS VOY P KLANG PORT OF DESTINATION SUTRA 2 94 ?o'l 94 KUCHING SIBU HUA HONG SATU 1 94 25'1 94 K K MIRI MILLION 111 194 22/1 94 LABUAN SANOAKAN SENG LEONG
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      Page 46 Advertisements Column 3
      159 46 fe—l REGULAR FCL SVS TO: VESSEL JIN AN: JIN JIN: JIN NING PORT YICHANG; SHASHI; WUHU: NANJIANG VESSEL :JI QING; Jl RONG PORT :CHENLIANJI; ZHENJIANG: HANKOU VESSEL :Jl XIANG; Jl PING PORT JIANYIN; HUANGSHI; CHENGJIANG VESSEL :JI CHANG PORT JIUJIANG; NANTONG; ANQING; SHANGHAI kIBBU WORLD TRACK AGENCIES kill PTE LTD
      159 words
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      Page 46 Advertisements Column 4
      208 46 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P G. LOADING FOR: A VESSEL 28/01 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR: A VESSEL 15/12 20/12 Huangpu/Goangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer
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  • Page 46 Miscellaneous
    • Miscellaneous
      Page 46 Miscellaneous Column 1
      707 46 TODAY'S TIDES (height in metres) HOUR 0000 0100 0700 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 22 2.0 1.7 1.4 1.3 1.3 1.4 It 2.3 2.7 30 30 2.7 2.3 1.7 1.2 09 06 0.5
      707 words
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      Page 47 Advertisements Column 1
      981 47 A HYUNDAII MERCHANT MARINE CO. ITP. WESTBOUND TO EUROPE BKG: *****61 VESSELS VOY PtW PKE PGO VESSELS VOY SIN HTM AWT* LEH* HAM BREt EEL HMM ADVANCE 036 A 24/01 25/01 27/01 NOR FRIBOURE 309W 31/01 11/02 11/02 19/02 20/02 20/02 22/02 NOR MALACCA 9405 A 31/01 01/02 03/02 H.
      981 words
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      Page 47 Advertisements Column 2
      486 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS IRROURD VESSELS VESSEL w u COSBK NMUR IM »/t 31,1 ARIIIA *23 1/1 111 crammm trader »it Ml MANE MM Ml 1/2 MIKE SRT lIS 1/2 OUTBOUND VESSELS LOMHHC FPU SIM/MAC COSMIC PIONEER V 34 SIN 29/1 PK 31/1 LOMINC TOKYO
      486 words
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      Page 47 Advertisements Column 3
      926 47 JEDDAH/UK/CONTINENT j3| I 'SPORE ID S lON HWRG ROAM LED Abe Accept** C*|o fm I HitANO 23/303 29/1 7/2 li/2 19/2 21/2 23/2 Southampton I* *UK JmMnHm. Wbl ad Mtn RAMARURA J2,104 2/2 19/2 22/2 24/2 Rottordan to M Anhwrp Amterdam. o*. Ma* ELBE 20,105 10/2 2C/2 1/3 3/3 Souttumptor
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