The Business Times, 14 March 1994

Total Pages: 40
1 40 The Business Times
  • 13 1 Business Times H I: K\OH ASIA MITA(P) 010/12/93 Monday March 14 1994 75*
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  • LATE FILE
    • 55 1 Reuter TAIPEI Taiwan's Formosa Plastics group, which in 1992 withdrew a proposal to establish a huge petrochemical complex in China, is drawing up plans to build two naphtha crackers there. Taiwanese media reports last night said the crackers would be located near the ports
      Reuter  -  55 words
    • 59 1 AFP JOHANNESBURG African National Congress leader Nelson Mandela last night declared Bophuthatswana president Lucas Mangope a "forgotten man" after South Africa seized control of his homeland and announced his detention. But white right-wing leader Constand Viljoen reacted angrily, saying the toppling of Mr Mangope
      AFP  -  59 words
  • 163 1 Stock market indices Friday W«k change STII 2.190.10 -58 53 KLSE Comp 1.046.48 -17.86 Nikkei 20.115.31 +149.31 Hang Seng 9.905.66 -12.53 SET Index 1.319.41 -39.84 Jakarta Comp 514.57 -6.81 OLSA China B 1.143.47 -16 6 Ausl All Ord 2.153.1 +36.3 FTSE 100 3.191.9 -86.1 Dow Jones 3.838.78 +6.48
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  • 693 1  -  Shareholders to get spc special dividend to commemorate 25th anniversary By Quak Hiang Whai SINGAPORE DBS Bank, Singapore's most profitable bank, has announced a 42.5 per cent surge in net earnings to $467.9 million last year, making it the third listed
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  • 477 1  -  By Shiv Taneja SINGAPORE At least a dozen institutional dealers with top brokerages have been paid bonuses and perfor-mance-linked compensation exceeding the magic $1 million mark. Unlike remisiers who work for themselves and earn a flat 40 per cent share of
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  • 318 1  -  From Neil Behrmann in LONDON WORLD bond and share markets should settle down this week following intervention by major central banks on Friday, dealers say. The US financial weekly. Barrens reported that the US Federal Reserve had aggressively bought US
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  • 237 1 Reuter NEW YORK Hillary Rodham Clinton, in her first published comments on the Whitewater affair. acknowledged she had made mistakes in her handling of the controversial land deal, Newsweek and Time magazines reported on Saturday. "Clearly there were lots of missteps along the
    Reuter  -  237 words
  • 615 1  -  Governor's aide challenges validity of decision From Leslie Lopez in KUALA LUMPUR THE political situation in Malaysia's Sahah state plunged into turmoil yesterday with Chief Minister Joseph Pairin Kitingan calling for snap polls while a senior aide of the governor
    Bernama  -  615 words
  • Page 1 Advertisements
    • 140 1 CREATING THE WORLD'S MOST LUXURIOUS CLOTHS LANGHOLM SCOTLAND. DGI3 OBN TEL: ***** ***** FAX: ***** ***** FROM THE WORLD'S FINEST TAILORS CONTENTS Coflipjiitfs Regional News 2 S'pore-M'sia 12.13 World News 3 Financial 14.15 Futures Mirfccts Enterprise 4 Clob RlSt. SES 18 20 BusatessJT 5-8 BT Share Info 16 Sports 9
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    • 11 1 BusinesslT: pg fct 5 ICL aiming servers at the. (op spot
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    • 10 1 twck Lock Siew: Pg 12 Meralco's prospects spark mixed views
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    • 117 1 t^T^LiseiJ'rinter^ 6^€^Do^latri3^rintereß v^^^^^tteringSysteim Enterprise: Pg 4 Coping with GST The Editor and staff of Business Times wish all Muslim readers a Selamat Hari Ray a Aidilfitri v v •> Piaget. True mines never change. movement. PIAGET JOAILUER EN HORLOGERIE DEPUISIB74 GENEVE PIAGET Boutique and Service Centre: *01-01 Mandmn Shffnng Anode
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  • THE REGION
    • ASIA NOTES
      • 94 2 Reuter BEIJING China yesterday unveiled a measure to eurh priee rises on the 20 items most widely used by its people. Ihe Economic Daily published a State Council (Cabinet) order that gave price departments the right, with the approval ot local governments, to
        Reuter  -  94 words
      • 78 2 AFP BOMBAY A stock broker on Saturday placing flowers on a temporary monument erected outside the Bombay Stock Exchange. to those who lost their lives in a series of bomb blasts which rocked Bombay City on March 12. 1993. A security alert was sounded amid fears of
        AFP  -  78 words
      • 108 2 Reuter PHNOM PENH The Cambodian army, still suffering from a bloody nose it received in its last encounter with Khmer Rouge guerillas, is trying to make sure not to repeat past mistakes in battlefield manoeuvres around the rebel's main base at Pailin. Advance army
        Reuter  -  108 words
      • 87 2 Reuter HONGKONG A thousand copies of a new pro-labour publication edited by exiled Chinese dissident Han Dongfang in Hongkong were smuggled into Beijing last week, a Hongkong newspaper said yesterday. The first-edition copies of the China Labour Bulletin are being distributed by hand via underground
        Reuter  -  87 words
    • 526 2  -  By Yang Razali Kassim SINGAPORE The six Asean economies are expected to achieve growth rates averaging 7.5 per cent in 1994. Of the six. the group's three leading economies Singapore. Malaysia and Thailand will grow by no less than 8 per cent. Making
      Source: Asean Bureau of Economic Cooperation  -  526 words
    • 74 2 Reuter SAPPORO, Japan Restaurant owner Sachiko Abe taking a whiff of her fried rice made with 100 per cent Thai rice as her husband Masashi watches over his new recipe, whipped up specially to match Japanese consumers' tastes, in their kitchen in Sapporo, northern Japan on
      Reuter  -  74 words
    • 322 2 Reuter BEIJING US Secretary of State Warren Christopher, already rebuffed by Chinese leaders over human rights, received a new battering yesterday from US businessmen afraid of losing a share of the huge Ghuemjnsrket Mr Christopher began the second day of his
      Reuter  -  322 words
    • 420 2 Reuter BEIJING China's agriculture minister said one third of the nation's cities and provinces are no longer self-suffi-cient in grain and that 50 million farmers left their homes last year to look for work in urban areas. Liu Jiang said
      Reuter  -  420 words
    • 455 2 Bernama. Reuter KUALA LUMPUR Malaysia's Prime Minister Mahathir Mohamad yesterday reminded the people to he wary of the desire of the West to continue to colonise even though direct colonisation had long ended. "The desire (to colonise) still remains with the colonialists. If
      Bernama.; Reuter  -  455 words
    • 312 2 Reuter SINGAPORE China's energy sector, one of the world's largest and a key to sustained economic growth, is out of control and relentless demand is giving it little room to recover. a noted energy analyst said. "Generally, the energy sector in China
      Reuter  -  312 words
  • Page 2 Advertisements
    • 188 2 Feel the Hyatt Regency Manila. HYAIT RK.fV > MAN HA us s9s' Package C, W At Hyatt Regency Manila we believe we've got the business package that makes perfect business sense. From only US$95 per r«x)m per night* you can enjoy the very highest standard of accommodation. M. X very
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  • THE WORLD
    • 459 3 Reuter BRUSSELS In-fighting among the European Union's members over political clout could derail plans for its enlargement to 16 nations at the beginning of next year. EU diplomats said yesterday. Following a row last week over how decisions will be made in
      Reuter  -  459 words
    • 340 3 Reuter WASHINGTON US President Bill Clinton on Saturday hailed a pact increasing US access to Japan's cellular telephone market as a "big win for everyone" and said it proved the two economic giants can work together. Amid mounting tensions between
      Reuter  -  340 words
    • 337 3 Reuter PARIS Tens of thousands of people marched through Paris and other main cities in France on Saturday to protest against a proposed law limiting the minimum wage. The Communist CGT, France's biggest trade union and the protest's main organiser, said between
      Reuter  -  337 words
    • 196 3 AFP LOS ANGELES France and major Hollywood studios quietly resumed talks in Los Angeles last week on their lingering trade dispute over opening France's market to American film and television programmes. Bernard Miyet. the former French ambassador to the General Agreement on
      AFP  -  196 words
    • 274 3 Reuter MIDLAND. Texas United States authorities have joined a German investigation into allegations that three Germans sold stock in worthless Texas oil fields to more than 400 of their countrymen in a USSIS million (5524 million) investment scam. German investigators were expected to
      Reuter  -  274 words
  • Page 3 Advertisements
    • 169 3 eNEVV I wj-. Jj.-»'.«.: ,>• r 7T tr -ff" ifV. 1 >i '£> -i 1.. f•:a- >=«£■--» W3C3«--r> 1 <I—l QUALITY for the discerning Evolving from a proud lineage of individualistic cars, the new security and comfort derived from the many SaabSAFE innovations. Not Saab 900 is anything but conventional.
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  • ENTERPRISE & MANAGEMENT
    • 1431 4  -  David Mason provides a checklist to help businesses prepare for April 1 David Mason The writer is a partner of an international accounting firm THE 1994 Budget has come and gone and, contrary to rumours sweeping the island in January and
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    • 1327 4  -  A degree from the university that's rated the world's best is no longer a lifetime guarantee of success, reports Louis Uchitelle Louis Uchitelle NYT WHEN Erich Segal wrote The Class, a 1983 novel based on the lives of his Harvard classmates from their school
      NYT  -  1,327 words
    • 414 4 The Chase Manhattan Bank. NA has recently appointed Mark Powell as its regional sales manager, global payment and treasury services. Mr Powell will be based in Singapore and will be responsible for expanding Chase's cash management business in Asia and providing consultative service to clients on regional treasury
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  • Page 4 Advertisements
  • Page 4 Miscellaneous
    • 94 4 DOONESBURY GARRY TRUDEAU MEHNDTHEDEFENDMT6UETY HEY UJHAT HAS THE lAJB OF &V/N6 THE PLAINTIFF AN WttKKKM THE COURT mRR peSPTTB DO YOU JURY HAVE, UNFAIR GRAPE, TWSPEFAMJN6 1 THANKS THE 775 UIANTFOR REACHED YOUR THE ENTIRE GRECO-AMERICAN JURY FOR TTE MORONIC fJZA A VERDICT* HONOR... 1 ATHLETIC COMMUNITY, ME SERVICE... VERDICT.
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  • Business IT
    • 715 5  -  The company has just increased its stake in the Asian marketplace. Joseph Rajendran has the details Joseph Rajendran AST Research is raising the temperature in the Asian computer market. The US personal computer major, reputedly the top seller of PCs in Hongkong and China,
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    • 408 5  -  The products are aimed at capturing the market share from HP and Compaq, Sylvia Wong reports Sylvia Wong BRITISH computer group ICL last week unveiled a new range of 25 servers, which it said would carve a top spot for the
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    • 365 5  -  The move will boost the company's R&D and technical support here, Bernard Chew learns Bernard Chew UNISYS will be setting up its Asia-Pacific Group (APG) headquarters in Singapore, a move which will elevate the status of the Republic as its key R&D and
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    • 606 6  -  The new chips have enough computing power to rival that of RISC-based workstations, reports Bernard Chew Bernard Chew INTEL, whose xB6 family of microprocessors are used as the "brain" in nine out of 10 personal computers, has introduced faster versions of its top-of-the-line Pentium
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    • 358 6  -  By Bernard Chew AS MIGHTY Intel fights to retain its hegemony in the market for PC microprocessors, another battle is brewing among PC vendors which may well result in another round of price wars. The latest salvos were fired by
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    • TECH TAKES
      • 56 6 SINGAPORE Texas Instruments Singapore is giving away a micro Marc inkjet printer free for even microLaser 600 purchased. The microLaser Pro 600 is designed in such a way that customers can easily upgrade by plugging in a 40 Mhz Power Step processor board. The microLaser Pro 600
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      • 63 6 SINGAPORE US-based Forrester Research has reported that the IBM AS/400 minicomputer faces a bleak future. The report said: "As companies move data and applications to less expensive client/server environments, IBM's mid-range platform is becoming an isolated, vertical applications engine. The majority of the AS/400
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      • 42 6 SINGAPORE US software vendor Great Plains Dynamics has appointed local firm United Software Solutions as its distributor for the region. Great Plains has developed a accounting and business management software that covers financial analysis and accounting processes.
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      • 46 6 SINGAPORE The Singapore Computer Society (SCS) has introduced a senior membership category targeted at people who have made worthy contributions to the local computer industry. With this new class, the society expects to upgrade long-serving members and co-opt eminent industry professionals.
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      • 41 6 SINGAPORE Datacraft Asia has successfully connected Cathay Pacific's data processing centre in Guangzhou with its computer centre in Hongkong. The Guangzhou centre, containing IBM and Unisys mainframe systems, will perform the airline's ticketing data entry services.
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      • 72 6 IN LAS T WEEK'S article. Turning point nears for 2.5-inch drive, which discussed the future of smaller form factor drives, we quoted John Hagerman of Maxtor Corp on how computer companies are positioning mobile systems. In fact, Mr Hagerman could not make it for the conference and
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    • It's happenin'
      • 33 6 SINGAPORE The first Macintosh computers using PowerPC technology will be launched locally by Apple Singapore tomorrow at Sheraton Towers. Attendance is by invitation only. Call Mandy on 226-2278 for details.
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      • 69 6 SINGAPORE Landmark Technologies is organising "BrandName Pasar Malam". billed as a consumer show of top computer products in a "pasar malam ambience". The name brands include Acer. Compaq, Hewlett-Packard, IBM, NEC, Microsoft. Lotus and WordPerfect. The show at World Trade Centre Expo Gateway. 2nd
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      • 48 6 SINGAPORE Agfa Singapore is holding a seminar "What Vou See Is What You Get", featuring a presentation on Desktop Colour The New Tradition. The seminar on March 16 will be held at the Marina Mandarin. Call Jane Leong on 744-0233 or fax 746-6232
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      • 67 6  -  Compiled by Joseph Rajendran SINGAPORE The Singapore Institute of Management will hold three IT seminars from April 19 to 21. tailored specially to non-IT managers. The first is Management Overview of Information Technology for *****, followed next day by Investment Appraisal of IT Systems a Management
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    • 927 7  -  IN SYNC INTEGRATING IT BUSINESS In this article, the third in a series on network solutions, Robert Plotke looks at what it takes to have a fully networked building. Robert Plotke The writer is a senior manager with Andersen Consul ting's Technology Integration Services
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    • 557 7 NYT TEXAS Instruments lnc introduced a powerful new computer chip last week that will process video, images and audio on a single chip. Analysts and industry officials said that the multimedia video processor, or MVP, could speed the development of a
      NYT  -  557 words
    • 917 7  - It's time to be aware of the 5 Cs and groupware NET WATCH TRACKING THE NETWORKING WORLD Tommi Chen discusses the basic features of a technology that promises to make groups much more productive. Tommi Chen The writer is managing partner of Net Centre Pie Ltd. which specialises in network
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    • 840 8  -  Juha Saarinen reviews the product that started the groupware trend and talks to a major user Juha Saarinen The writer is a Singapore-based IT communications consultant. Mention "groupware" and your average MIS manager says "Lotus Notes" in an almost Pavlovian reflex. With reason: Notes is
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    • 764 8  -  Its latest notebook is launched along with a new low-end server. Joseph Rajendran has the details Joseph Rajendran has the details AT A laid-back launch in Singapore last week. Compaq Computer introduced aggressively-featured new products in a bid to consolidate its
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    • 826 8  -  WINDOWS OF OPPORTUNITY DAVID WELCHER The writer heads Computing Dynamics (I SA), a Brooklyn-based management consulting and softw are development firm, and also w rites on IT issues. He contributed this commentary to BusinesslT. VIRGIL said something 2.(XX) years ago.
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    • 96 8 Bloomberg Business News A GROUP of computerrelated companies including Microsoft Corp have formed a consortium to develop technologies making it easier to install software for far-flung operations. Infonet Services Corp. Software Spectrum Inc and Corporate Software Inc said they would introduce a plan in
      Bloomberg Business News  -  96 words
    • 168 8 Reuter INTERNATIONAL Business Machines Corp said it would introduce the first notebook-size workstation computer based on the reduced instruction set computing PowerPC chip. The company said its new 6.9-pound notebook, known as the IBM RISC System/6000 N4O. combines a PowerPC 601
      Reuter  -  168 words
  • Page 5 Advertisements
    • 290 5 The Price of Plenty The good life a house, a car and a club membership costs twice as much as it did five years ago. With lots more money chasing after limited goods, are we on the way to building an asset bubble? Hv ALSO IN THIS ISSUE: How to
      290 words
    • 172 5 WElfl BELIEVE YOU NEED YOUR IF SPACE. While megabyte capacities are still dominant for most desktop disc drives, gigabytes are the wave for so many other critical applications. If your needs include file servers, workstations and disc arrays, you're a perfect candidate for Seagate's high capacity 3.5" solutions. The 1
      172 words

  • Page 6 Advertisements
    • 374 6 Welcome to one of the world's smallest base which can connect to peripherals (such as a and lightest notebooks. The Contura printer or external monitor) or an office network. Aero from Compaq, who else? You keep working, while the batteries are charging. The Contura Aero comes VI with pre-installed MS
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  • Page 7 Advertisements
    • 136 7 GUESTS AT T Raffles Will Soon Be I Immersed In I Ghampagne. j The elegant chateau, o the innovative 1 Jo <o i > cuisine, the'ordinary c drink of kings and i °o H princes'. From the 14th to 18th March, 1 guests at Raffles Grill will be able to
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    • 20 7 HIGH STAKES Don't get shortchanged, go for a coverage you can bank on. Financial News. Everyday. f 1 Business Times
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  • Page 8 Advertisements
    • 61 8 Are up* In l/jirwi I Korea! s ii^#Ris ?£7 iifMif Be Sure To Get Your Copy Today! Universal Publications Agency Ltd B 54 Kyonji-Dong, Chongno-ku CfiafaliiilMr'c QHucotAepue 6c, (jlub Sj I 8 4 I S HAPPY HOURS From 6pm to 9pm, Monday Through Thursday From 6pm to Bpm, Friday 22
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  • SPORTS
    • 643 9 Golf Reuter. AP FORT LAUDERDALE. Florida Brandel Chamblee survived the gusts that wrought havoc over the last four holes with a smile on his face and a two-shot lead in hand. "The struggle and the challenge was fun." he said on Saturday after
      Reuter.; AP  -  643 words
    • 529 9 Reuter KEY BISCAYNE. Florida Germany's Boris Becker dropped a set to Sweden's Nicklas Kulti before joining a procession of seeded players into the third round of the US$3.3 million (555.2 million) Lipton Championships on Saturday. Tenth-seeded Becker survived 3-6
      Reuter  -  529 words
    • 32 9 LANDOVER, Maryland Brent Price (No 20) hit a three-pointer with 1:18 remaining to snap a 91-91 tie and spark the Washington Bullets past Denver Nuggets 100-93. Renter Reuter
      Reuter  -  32 words
    • 360 9 AP TUCSON. Arizona Donna Andrews' third eagle in as many rounds came in the nick of time to rescue a lead she had almost frittered away. "I looked at my caddy after I hit a good drive, and I said: 'You know, we need to
      AP  -  360 words
    • 1016 9  -  Harvey Araton knows how badly New York Knick's Glenn Rivers wants to get back to the basketball court Harvey Araton NYT NEW YORK The black baseball cap with "SOX" stitched into the front, explained Doc Rivers, represented a small tribute to Michael Jordan. Rivers' personal
      NYT  -  1,016 words
    • SIDE LINES
      • 117 9 AFP BANGKOK Thailand's snooker sensation. James Wattana, narrowly defeated six-time world champion Steve Davis of England to win the £180.000 (*****.600) Thai Open Snooker tournament here yesterday. Wattana. 24. the world No 5 player, won the thrillingly close battle nine frames to seven to take
        AFP  -  117 words
      • 100 9 AP AUCKLAND. New Zealand New Zealand cricket captain Martin Crowe said yesterday that he expected to be fit to join the Kiwi team for its tour of England, which starts next month. Crowe, who is New Zealand's leading batsman with a test average of 47.08
        AP  -  100 words
      • 94 9 AFP PUNTA DEL ESTE, Uruguay Juan Antonio Samaranch confirmed here on Saturday that he would retire as president of the International Olympic Committee when his term expires in 1997. "I will retire in 1997 because that is what the rules order," he said during a
        AFP  -  94 words
      • 93 9 AP PUNTA DEL ESTE. Uruguay Contrary winds delayed the finish on Saturday of the fourth leg of the Whitbread Round the World Race. Grant Dalton's AVu Zealand Endeavour was just ahead of Inlrum Justitia. skippered by Britain's Lawrie Smith. Endeavour was expected to arrive
        AP  -  93 words
      • 136 9 Reuter VALE DO LOBO. Portugal World squash champion Jansher Khan got back to title winning ways when he beat England No 1 Peter Marshall 16-17 15-12 15-8 15-7 to win the Portuguese Open on Saturday. The victory was doubly satisfying for the Pakistani. He
        Reuter  -  136 words
      • 114 9 AP MANDELIEU A year after suffering an injury that threatened his cycling career, Charly Mottet of France returned to a victory with a seventh-stage win on Saturday in the Paris-Nice race. Mottet fell and fractured his hip early in 1993 and was forced to bypass most
        AP  -  114 words
      • 104 9 Reuter DESENZANO, Italy Olympic champion Alexander Popov shattered the 100 m freestyle short-course world record on Saturday. improving the marie for the third time this year. The Russian sprinted home in 47.125 ec to carve o.7sec from his own record, for the biggest improvement in the
        Reuter  -  104 words
    • SCORE CARD
      • Article, Illustration
        33 9 Reuter NEW YORK NBA SaturdayAtlanta 104 Detroit 92; Indiana 104 Milwaukee 97; New Jersey 117 Charlotte 92; Chicago 111 Sacramento 94; San Antonio 109 Houston 98; New York 96 Cleveland 86. Reuter
        Reuter  -  33 words
      • Article, Illustration
        219 9 AFP AFP FORT LAUDERDALE, Florida Leading third-round scores of the Honda Classic tournament Saturday (L'S unless stated): 207 Brandel Chamblcc 67 68 72; 209 Davis Love 68 71 70. 210 Craig Parry (Aust) 68 73 69. Curtis Strange 71 67 72. Bruce Lietzke 68 68 74. Nick Price (Zim)
        AFP  -  219 words
      • Article, Illustration
        495 9 AFP AFP AP KEY BISCAYNE, Florida Lipton Championships tournament Saturday. men's 2nd rd: Stefan Edbcrg (Swe) b Robbie Weiss (US) 6-4 6-3: Sergi Bruguera (Spn) b Grant Stafford (SA) 4-6 6-1 6-0: Andre Agassi (US) b Mark Petchcy (Brit) 6-2 4-6 6-4; Jason Stoltenberg (Aust) b Bryan Shelton (US)
        AFP; AP  -  495 words

  • Page 10 Advertisements
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  • THE ARTS
    • 776 11  -  After watching the rehearsals, Lisa Lee is convinced that A Season of Children s Ballets is Lisa Lee Goblins, witches, genies and a magic lamp will whizz through the Victoria Theatre stage this school holidays when the Singapore Dance Theatre (SDT) showcases its annual Season of Children's
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    • 468 11  -  Benjamin Loh reviews last Thursday's recital by pianist Izumi Tateno Benjamin Loh JAPANESE pianist lzumi Tateno gave a sensitive and gratifying recital last 1 Thursday evening at the RafI ties Hotel's Jubilee Hall. Having performed 2.000 concerts i around the world and having released close to 70 recordings.
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  • Page 11 Advertisements
    • 226 11 ROAST BEEF YORKSHIRE PUDDING A British Culinary Symbol Tender juicy roost served with a tangy gravy and the English accompaniment of Yorkshire batter. Lunch S$ 26.00 (inclu. Coffee /Tea) Dinner: S$ 30.00 (inclu. of soup of your choice and Coffee/Tea 24 Mount Elizabeth, Singapore 0922. Tel: *****88 Fax :*****66 A
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  • Page 11 Miscellaneous
    • 1396 11 TV RADIO EES2H2M Peter in Magicland, 10.30 am, 5805 SfeA X Peter and Anna belle are two v >; beetles who meet the cultivated Mr Buzzworthy. Hits beetle-of- irr lhc-»orid longi for his missing J.#)' sixth leg. Ihe three insects set >»f off to the moon to retrieve it. meeting
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  • COMPANIES & MARKETS
    • 251 12 Bloomberg Business News HONGKONG China Insurance Hongkong (Holdings), a China-controlled insurance group, has signed a letter of intent to take a stake in rapidly expanding Hongkong insurance company Top Glory Insurance Co (Bermuda). Top Glory, which was acquired by Singapore-listed Seapower Asia
      Bloomberg Business News  -  251 words
    • 415 12 Bernama DHAKA Malaysian investors are negotiating with entrepreneurs and government authorities here to invest in industrial projects on a joint venture basis in Bangladesh. The Board of Investment (BOl). a government body responsible for promoting foreign investment, has received a number of
      Bernama  -  415 words
    • 315 12 Bernama KUALA LUMPUR Kuala Lumpur Kepong Bhd has joined forces with the Malaysian International Shipping Corporation Bhd. Palmco Holdings Bhd and Eclda Enterprises Sdn Bhd to invest in China. The company said yesterday that through Voray Holdings Ltd. it has
      Bernama  -  315 words
    • 632 12  -  By S N Vasuki SINGAPORE The Manila Electric Company (Mcralco) was an early casualty of the prolonged power shortages that afflicted the Philippines between 1987 and 1993. Now. with power a\ailabilit> set to improve dramatically this year, analysts are once again bullish about Meralco's prospects.
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    • COMPANIES
      • 487 13  -  From Florence Chong in SYDNEY AUSTRALIAN building materials manufacturer and supplier, CSR Ltd, is setting up a regional headquarters in Singapore to handle its insulation business. "It will be responsible for our Bradford (insulation bats) business in that part of
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      • 235 13 Bloomberg Business News HONGKONG Luxury Hongkong hotel group Mandarin Oriental International said that it intends to invest US$6 million (559.5 million) in a 15 per cent stake in a luxury hotel currently being built in Mexico City. It has signed a
        Bloomberg Business News  -  235 words
      • 59 13 Reuter LOS ANGELES Mouth2Mouth, a music and lifestyle magazine for teenagers published by a unit of Time Warner Inc, Time Inc Ventures, will be available in newsstand today. The first issue, whose cover features model Cindy Crawford in a seductive pose with basketball
        Reuter  -  59 words
      • 430 13 Bloomberg Business News HONGKONG Hongkong real estate and aviation conglomerate Swire Pacific Ltd and developer Sun Hung Kai Properties may be among the first local companies to have their debt rated. Equity has until very recently been
        Bloomberg Business News  -  430 words
      • 366 13 Reuter LONDON Solid growth in US revenues and insulation from fierce price-cutting elsewhere in the const ruction-relat-ed sector will lead plumbing and heating group Wolseley pic to a sharp first-half profit gain next Tuesday. "It is very highly geared to the repair
        Reuter  -  366 words
      • 550 13 MBT KUALA LUMPUR The Federation of Malaysian Unit Trust Managers (FMUTM) has welcomed the amendments to guidelines on unit trust funds issued by the Securities Commission (SC) on Thursday. Malek Merican. president of FMUTM. says the federation is pleased
        MBT  -  550 words
      • 179 13 Reuter SHANGHAI Shanghai's stock exchange on Saturday welcomed a decision by Japan to allow its citizens to invest in the market. Announcing the move in a red banner headline, the Shanghai Securities Nens. the mouthpiece of the stock exchange. said it marked
        Reuter  -  179 words
      • 217 13 Reuter SEOUL South Korea's leading oil refining company has agreed in principle to build a joint-venture refinery in China at a cost of up to US$l.5 billion (552.4 billion), a spokesman for the firm. Yukong Ltd. said. "Working-level officials have finalised
        Reuter  -  217 words
      • COMPANY BRIEFS
        • 72 13 Reuter TOKYO Sapporo Breweries Ltd and Miller Brewing Co have begun talks for a comprehensive agreement that will include the establishment of a joint venture. The Sikkan Koftyo Slumhun industrial newspaper reported last Saturday that the two large beer brewers were discussing the establishment of a SC)-50
          Reuter  -  72 words
        • 115 13 AP PARIS Euro Disney faces more red ink for fiscal 1994. even if creditor banks and the parent Walt Disney Co agree on a financial rescue package for the struggling amusement park. In a report to be presented at today's annual stockholders meeting. Euro Disney chairman
          AP  -  115 words
        • 146 13 Reuter TOKYO Nippon Idou Tsushin Corp (1DO) vice-president Toshio Enomoto said there were some benefits for his company in a cellular phone accord with Motorola Inc of the US. but said the Japanese company would likely suffer a deterioration in earnings in fiscal 1995-96. IDO's
          Reuter  -  146 words
        • 92 13 Reuter LONDON Sotheby's, the world's oldest auction house, celebrated its 250 th birthday last Friday with champagne and cake for 1,000 guests and an auction of ancient books. A maroon horse-drawn carriage delivered the cake decorated with flowers and an auction hammer to the doors of Sotheby's
          Reuter  -  92 words
        • 78 13 Bloomberg Business News PORTLAND, Oregon Kmart Corps Paylcss Drug Stores Northwest Inc plans to shut 35 stores in eight states, a measure the company said wasn't connected to its pending purchase by Thrifty Drug Stores of California. In early-April. 20 stores will be closed
          Bloomberg Business News  -  78 words
        • 73 13 Reuter BEIJING American Express will set up offices in Shenzhen and Xiamen this year and is considering setting up shop in large interior cities. "As more foreign firms are coming to China, we must speed up the construction of our network in China." Xi Yujin, head
          Reuter  -  73 words
        • 62 13 Reuter SINGAPORE Unisys Corp says it will merge its Hongkong and China subsidiaries and beef up its China operations its fastest growth region with a US$lO million investment over the next two years. It has set up a wholly-owned foreign enterprise in China, and
          Reuter  -  62 words
      • 630 13 Earnings of HKsl.sb higher than analysts' forecasts Bloomberg Business News HONGKONG Real estate group Hysan Development said its net profit rose 53.2 per cent in 1993 and its property assets surged dramatically in value thanks to Hongkong's booming real estate
        Bloomberg Business News  -  630 words
    • FINANCE & COMMODITIES
      • 520 14 Reuter LONDON Britain's big hanks last week ended the IW reporting season with a sharp improvement in profits and dividend payouts hut voiced concern over prospects tor the current year in an environment of tougher competition. The hanking sector, while
        Reuter  -  520 words
      • 550 14 Bloomberg Business News LONDON If you bought British bank stocks around the turn of the year, tough luck. First, you saw those stocks miss a surge that carried world markets to record highs around the end of January. Then you saw them lead the
        Bloomberg Business News  -  550 words
      • 213 14 Bernama KUCHING Small sawmills and their distance from logging areas are posing problems to the industry in the state. Sarawak Timber Association (STA) chairman Lau Hui Kang said today. He said a recent STA survey found more than 40 per cent of sawmills was
        Bernama  -  213 words
      • SMALL CHANGE
        • 64 14 Bloomberg Business News TAIPEI Citibank was Taiwan's most profitable foreign bank in 1993. the finance ministry said. The American bank was also Taiwan's most profitable in 1992. Last year. Citibank's net earnings in Taiwan ballooned 141 per cent to NTSI.I billion (5565.8 million) from
          Bloomberg Business News  -  64 words
        • 118 14 AFP ABU DHABI Two more banks in the United Arab Emirates (UAE) have announced plans to increase their capital to meet international adequacy standards and defend their market share following fresh credit restrictions by the central bank. The Dubai Islamic Bank (DIB), the second
          AFP  -  118 words
        • 84 14 Bloomberg Business News AMSTERDAM ABN Amro Bank NV's 1993 net profit rose more than 20 per cent to 2.02 billion guilders (Si.6B billion) from 1.68 billion a year earlier. The Dutch banking giant, one of the world's 20 largest with assets of 491 billion
          Bloomberg Business News  -  84 words
        • 43 14 Bloomberg Business News FRANKFURT The so-called London C lub of private creditors agreed to reschedule USS9 billion (SS 14.3 billion) of Poland's commercial debt, effectively forgiving 42.5 per cent of the country's debt to banks. Bloomberg Business News
          Bloomberg Business News  -  43 words
      • 311 14 AFP KUALA LUMPUR Malaysia's tin production plunged 28 per cent last year to 10.384 tonnes, with industry officials estimating output to shrink to 8.000 tonnes this year. Amid news of shrinking supply, the price of tin recovered 16 Malaysian cents on the
        AFP  -  311 words
      • 183 14 THE US$ and other major currencics started the week on a bullish tone backed by stronger US economic fundamentals but spent the week moving lower weighed on by the Clintonrelated "whitewater affair" and talks of imposition of Super 301 on failed US-Ja-pan trade talks.
        183 words
      • Article, Illustration
        2156 14 'Kuli on- iht jtiuvf i'l V iiit lnJ think I I llkll' llhk luh ItlitUxl atulll\l V/»r.\ /ifi 14 limliiir iKiiliku Ha* lew /V.V< BANKS ABN \mro Bank NV 5S AN/ Banking (iiuup 6 Ulied Irish Bank PLC fc'i \mcrican Express Bank 6' Arah Hanking Corp t> y > \rah
        2,156 words
    • COMMODITIES & FUTURES
      • 731 15  -  SIMEX WEEKLY ROUNDUP By James Foo, MMS International SINGAPORE The dollar started the week on a firm footing due to spill-over effects from the previous week's better-than-expected unemployment numbers. It tested a high of 1.7250 but fell back by mid-week on bearish news and rumours about
        Source: Simex  -  731 words
      • 802 15 COMMODITY WEEKLY ROUNDUP LONDON The prices of precious metals were particularly nervous last week, falling on fears of a hike in US interest rates, before rising at the end of the week after violence in South Africa
        802 words
    • 1411 15 Rubber Sweeper* Cieeiity Excheege (fetere* desieg es et lp) IBS 1 C—tract (S ccnts/kg) Close Volume Open Month High Low Sett (tonnes) Interest Apr 94 147.75 146 00 145.75 TOO 2.425 May 150.00 148.00 147.75 200 5.200 Jun 151.50 151.25 149.00 100 6.550 Jul/Sep 152.25 150.50 150.75 1275
      1,411 words
    • 4800 16 CORPORATE RESULTS Net Kan EPS Date TV LY IV LY C'uaipaa) aaa (Sal) (Sin) (els) (cts) VBK Hklgs Mar II I I 407 2 851 3 2 7.0 AkuHkks LXv 3 I 12.106 0 *44 60 5 4 22 Amal Steel* Dcc 15 F 85 996
      4,800 words
    • 754 16 Relative Strength Index: The RSI measures the rate at which prices move. In theory, it ranges between zero and 100. In practice however, it fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100 100/ [(up
      Charts by Bridge Info  -  754 words
    • MARKET REVIEWS
      • 713 17 FT New York DURING the bull cycle in financial assets, between 1990 and 1993, the US stock market happily trailed a booming bond market. When bond prices rose, so did share prices. This made sense. Higher bond prices meant lower long-term interest
        FT  -  713 words
      • 364 17 AFP Tokyo SHARE prices gained ground on the Tokyo Stock Exchange last week as players were cheered by reports that Tokyo and Washington had reached an agreement over a cellular telephone dispute. But the two nations remained deadlocked on an overall trade
        AFP  -  364 words
      • 301 17 AFP London LONDON The London Stock Exchange last week continued its steady decline since the beginning of February, dropping on uncertainty over future movements of world interest rates, and despite a series of good company results. The FT-SE 100 Index fell
        AFP  -  301 words
      • ASIAN MARKETS ROUNDUP
        • 107 17 Australian shares ended higher for the week amid nervousness on international and local bond markets and concerns over the coming federal-state budget negotiations. The bourse barometer, the All Ordinaries Index, closed 36.3 points higher at 2,153.1, from the previous week's 2,116.8 points, recovering all of loss suffered the week
          107 words
        • 69 17 The Manila exchange ended the week off by 1.8 per cent, while Makati was down 2.35 per cent from the previous Friday's close. Analysts have predicted the local stock market, the third best performer in the world last year, will remain in the doldrums until midyear before starting another
          69 words
        • 101 17 The majority of share prices at the Jakarta Stock Exchange (JSE) continued to remain stagnant or fall as pressure to sell prevailed during the four-day week. The JSE closed the week on Thursday, anticipating the long weekend that came around the end of the Muslim fasting month, which falls
          101 words
        • 121 17 Share prices on the Korea Stock Exchange halted a two-week slide and rebounded on a government decision to lift cooling measures it had imposed on the market last month. The Composite Stock Price Index closed the Saturday's half-day session at 903.45 points, up 0.68 points a week ago. Trading
          121 words
        • 134 17 Share prices on the Taiwan Stock Exchange fell heavily last week despite the central bank allowing more foreign funds to be invested in the local bourse. Following a marginal 6.29-point rise the previous week, the 376-issue Weighted Price Index slumped 345.3 points or 6.1 per cent to close at
          134 words
        • 115 17 The Stock Exchange of Thailand (SET) Index lost 39.84 points (2.9 per cent) during a week of continued light trading to close on Friday at 1.319.41 points. The average trading volume was 80.7 million shares, up from 69.7 million the previous week. The average total value of shares traded
          115 words
      • 550 17 Hongkong The Hang Seng Index was virtually unchanged for the week at 9.905.66, down only 12.53 points. Once again, low turnover continued to dog the market, an indication that investors are remaining cautious until they feel sure that the market has bottomed out. Sentiment
        550 words
      • WORLD STOCK MARKETS
        • 2238 17 London Mar II Hear* Industrials \!1>II 242 -7 Bass 516 -12 Coals Visella 267 5 Disons 20* »*90 (.real Portland Em 227 4/* 390 Hanm (rwsfields .213 I Pearson <i1 -7 Racal Electronics 224 -7 Rosal Bk (M Votland 427 19 Scottish A Nc»eastle 527 -15 4/* Siehe 60' 20
          2,238 words
        • 783 17 +32.08 Stocks ended with solid gains on Friday, following the lead of the Treasuries market which recovered from a battering by rumours over the Whitewater affair. The rally brought buyers to interest-rate sensitive financial and utilities stocks as well as to economically sensitive cyclical issues. The Dow Jones
          783 words
        • 288 17 +3.68 Stocks closed a directionless session on Friday narrowly mixed as continued firmness in media and conglomerate shares propped up sagging golds. "We saw some profittaking in golds," said Maison Placements Canada president John Ing. The TSE 300 index ended 3.68 points stronger at 4,446.86 in trade of 94.97
          288 words
    • 2841 18 MOST ACTIVE volumt Mulpha Iml 50c 41).340OOO \Mbe 50c 3*.715.000 n«M 25.088.0U) IJris H\J 50c 21.084.000 kamunting 50c 20.315.000 Faber Ciroup 18 577 000 Landmarks Bhd I6.42I 000 Johan Hkis> 50c 1*75*000 Kcnong Bhd 50c 13 716.000 McnangCorp 13.065 000 FA( B 50c IZWM Scl Drcdg 50c 12.176
      2,841 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 6011 18 Bernama KUALA LUMPUR Share prices were dragged down last week as investors liquidated positions for quick gains amid a bearish market and ahead of the extended weekend. Sentiment remained dampened in the absence of positive leads. The gloomy outlook has been caused by the
        Bernama; Source: Bridge Info  -  6,011 words
    • STOCK EXCHANGE OF SINGAPORE
      • 7752 19 MAIN BOARD Transaction date: Week ended Mar 11 U Of IMVV4 Last Vol XXeek last QwHr Di< 0i» XM Net XI i f High Lo» tumpaas Sal* t'«X» Hwh Lo« S t,r N V s,ni INDUSTRIAL AND COMMERCIAL |4-M> X) IS Vma 1100 -20 223 1160 10*0 14)90 MOO 115
        7,752 words
      • 1996 20  -  By R Sivanithy SINGAPORL With the Malaysian stock market closed for three days to celebrate Hari Raya Puasa. investors can expect a relatively quiet week ahead although watchful eyes will continue to be cast towards the US. Interest rate uncertainties in particular in
        Source: J M Sassoon; Charts by Bridge Info  -  1,996 words
  • Page 12 Advertisements
    • 26 12 o o o Q o LEAD BY EXAMPLE For some of the best examples of good management. Enterprise Management. Every Monday. ■•r B 1 Business Times
      26 words
    • 209 12 KOMATSU BATTERY POWERED FORKUFT TO LIFT ANY LOAD. BThe new environment friendly Komatsu Battery Powered Forklifts are the very latest in technology. Introducing regenerative braking. hydraulic choppers and highefficiency transverse power train ensure efficient use of energy to make the forklifts usable over longer periods without recharging Compact controllers incorporating
      209 words



  • Page 15 Advertisements
    • 57 15 Saw an ad of a house that you nay like to own? Leave your name and telephone number in the seller's ClassiFone mailbox and let him respond to your call. OassiFgtHE^ I cam I An SPH AndloTi» J«rvle« "I deal in cameras. \ndlknow whereto getgpod exposure." SyjgSji jgSft; PT *****18
      57 words
    • 14 15 Make new business contacts through classification 203 in The Straits Times Classified. c.a.ta |717-»»—I
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  • Page 18 Advertisements
    • 53 18 SINGAPORE Business Times WE KNOW ASIA f Address ||||J Mail or fax this form to: Postal Code: ;Swte iMfIS Customer Relations Section Circulation Department Jps|Blf «fcj Singapore Press Holdings Limited 82 Genting Lane Occupation: Fax News Centre Singapore 1334 I Tel: 1800-749 2577 Fax 744 4875 Tel: (O) (H) ft
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  • Page 19 Advertisements
    • 127 19 Yes, get instant cash at low, low A spot for your shares for 1, 2 Period intdrtit rates with our Express Share Loan, or 3 months from as low as exclusively from Hong Leong 1 month 0.9%. Call us at 220 9433/ Finance and Singapore Finance. 2 month» 1800-226 3398
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  • Page 20 Advertisements
    • 22 20 BUSINESSTI^^ES TOLL-FREE TEL. No. 1-000-741-1883 FAX:74I-1298 JUST DESERTS Legal discourses in digestible portions. The Law Page. Every Thursday. \sMAion9 rTH Business Times
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    • 109 20 NOTICE BBMB INTERNATIONAL BANK (L) LIMITED U5550,000,000 Guaranteed Negotiable Floating Rate Certificates of Deposit due 1994 Guaranteed By BANK BL'MIPUTRA MALAYSIA BERHAD In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the period from 14 March 1994 to 12 September 1994 the Certificates
      109 words

  • Shipping Times
    • 308 21  -  By Ramesh Divyanathan SINGAPORE Orient Overseas Container Line (OOCL) is setting up container services to major ports in Vietnam. There will a twice-weekly feeder link between Ho Chi Minh City and Singapore; a twice-weekly service between Ho Chi Minh City, Kaohsiung and
      308 words
    • 388 21 HAMBURG For Hamburg shipbrokers, 1993 was in some respects a better year than 1992, but, according to the annual report of the Association of Hamburg Shipbrokers and Shipping Agents, it was nonetheless a difficult one. This year is unlikely to
      388 words
    • 395 21 Reuter TAIPEI Taiwan's Evergreen group, preparing for the eventual opening of direct shipping links with China, said it plans to invest in building container terminals and other port facilities on the Chinese mainland. Board meetings of flagship Evergreen Marine Corp and affiliate Uniglory Marine
      Reuter  -  395 words
    • 1115 21 Page Col ABC Containerlinc 12 5 Accord Group 8 1-3 Africa Container 16 4 Ahrenkiel Liner 4 1/2 AOEShpg 15 4/5 ANL 3 1/2 AFL 5 3-5 Appcnship 8 4/5 Arabian Express 15 3 •ASCL 5 5 Avant Shpg 6 4/5 Bait Orient
      1,115 words
    • 219 21 SINGAPORE Far East Lenin gst on Shipbuilding (Fels) has completed and delivered on time a drilling tender vessel built for Petrodril Offshore Inc of Panama. According to a company statement issued on Friday, the vessel is the world's first purpose-built semi-submersible self-erecting drilling tender vessel. Petrodril.
      219 words
    • 170 21 AFP PHILADELPHIA US naval shipyard employees worked throughout the Cold War to destroy the Soviet military. Now they may have their ultimate chance. Workers at the Philadelphia Naval Shipyard may soon be dismantling Russian ships and tanks into scrap metal under a
      AFP  -  170 words
    • SHIPS IN PORT
      • 398 22 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Marina Wharves ffent« 2 3 94 pc; im ouo uoj 1500 Aust Granel 51 K24 alongside 1303 1200 Nikko 1 ***** P04 1303 1930 14 03 1100 Blue Grate 11A K24 13 03 1300 18
        398 words
      • 2057 22 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Aci Vwfet 032A 15 0700 ?B 13.1700 14 0659 14 0900 3 14 0700 14 1159 14 14O0 4 14 1200
        2,057 words
    • 13441 30 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
      13,441 words
    • 1453 37 )HF Baltic Freight Index Tor spot do irgo shipping rates rose to 1.119 on riday from 1.115 on March 9. Activity tor Panamax tonnage in Atlantic has again been slow to aiiergc. brokers said. Cargill was again active in the yam trades taking the Stamos for ground 56.776
      1,453 words
    • 424 37 COURSES I ille: Command anJ Control Duration: Mar 14 Apr I Organiser: Singapore Aviation Academy. Civil Aviation Authority of Singapore lei: lor further details/registration contact Mr David Teo at 065-540-6259 or fax: 065-542-9890. litle: Basic Principles of Shipbroking and Chartering (SDF 50%) Duration: Mar 21 May 16 Organiser:
      424 words
    • 970 38  -  Jan Zverina reviews General Motors' first new truck model since 1982 Jan Zverina Bloomberg Business News AFTER a dozen years with the same design. General Motors Corp's new compact pickup trucks are finally on the road with roomier interiors and a less-boxy look. Sold as
      Bloomberg Business News  -  970 words
    • AIR AND LAND TRANSPORT NEWS
      • 497 40 Bloomberg Business News PARIS USAir's stubborn losses might be why British Airways had second thoughts last week about investing hundreds of millions of dollars in its US partner. But the losses do not explain why BA announced its doubts
        Bloomberg Business News  -  497 words
      • 45 40 Reuter MOGADISHU, Somalia American soldiers transport one of several plastic-wrapped helicopters to the LS navy ship Bellatrtx last Friday, which will then sail to America. They will be loading helicopters, vehicles and other materials onto the Bellatnx over the next few days. Reuter
        Reuter  -  45 words
      • 217 40 Bloomberg Business News MINNEAPOLIS Northwest Airlines Corp said it has raised USS243 million (SS3B4 million) by privately selling securities backed with 10 airplane leases. The sale, which had been widely expected, sets the stage for more than USSBOO million of new debt and
        Bloomberg Business News  -  217 words
      • 387 40 Reuter BOMBAY The directorgeneral of ci\il a\iation has grounded India's private airline Damania Airways for one month for alleged violations of safety regulations, officials said last Friday. Damania was forced to cancel all 26 of its llights on Thursday, the first anniversary of
        Reuter  -  387 words
      • LOG BOOK
        • 117 40 Bloomberg Business News ZURICH Swissair confirmed a press report that the Swiss national carrier was aiming to save up to 700 million Swiss francs (SS7BI million) in the next three years. Swissair chief executive Otto Loepfe said in this month's company newsletter that new
          Bloomberg Business News  -  117 words
        • 98 40 AFP LONDON The high number of large crude carriers fixed over the previous two weeks in the Middle East Gulf has kept the market buoyant this week. London brokers E A Gibson said last Friday in its weekly review. Very and ultra large crude carriers
          AFP  -  98 words
        • 102 40 Reuter LONDON Tarmac pic said an Anglo-French joint venture led by its Tarmac Trackwork unit had won a £20.5 million (5548.6 million) contract to build more than 16km of twin rail track for London's Jubilee Line extension. Its French partner in the contract. awarded by
          Reuter  -  102 words
        • 95 40 Reuter TOKYO Mazda Motor Corp will second an additional 500 non-production-line workers to domestic affiliated sales dealers for two years starting in June, Mazda executive vice-president Makoto Mivaji said last week. Mazda also said it would step up the relocation of non-production workers for
          Reuter  -  95 words
      • 569 40 Dutch carrier in international offering to raise lb guilders Bloomberg Business News AMSTERDAM KLM Royal Dutch Airlines has opened subscriptions for an international public offering through which it expects to raise about one billion guilders (SSB36 million) to strengthen its financial position. Subscriptions will close
        Bloomberg Business News  -  569 words
      • 1713 40 crtj rMK rr* nw n®_ Abu Dtubi GA892 0005 Gf 146 1110 GF147 1835 M<Utd» 5Q228 2105 ton RJ188 1325 Amsterdam KL843 0745 GA892 0005 SQ323 0900 KL838 2335 KL837 1540 Auckland SQ288 2035 SQ285 2045 B Sen Begawan BI421 1105 SQ182 0915 SQ181 1410 B1422
        1,713 words
      • 157 40 Reuter MONTREAL Airlines reported more accidents involving passenger deaths in 1993. and more acts of terrorism than in 1992, a United Nations agency said last week. The International Civil Aviation Organisation (ICAO) said scheduled air carriers of its 182 contracting states reported 34 aircraft
        Reuter  -  157 words
      • 222 40 Reuter LONDON Talks are underway between Norway Airlines executives and three prospective European airline financial partners about the relaunch of the Norwegian carrier, its managing director Morten Andersen said last week. Norway Airlines, which went bankrupt in November 1992. had hoped to start flying again
        Reuter  -  222 words
  • Page 21 Advertisements
    • 21 21 LAW PAGE Every Thursday in Business Times GIVTs Chevrolet S-Series trucks, Page 18 BA puts pressure on air talks, Back Page
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    • 23 21 Ums and Mrvkt* NfmiaM Mirtin tf Km tagtetvy af Accreted (»ggm>] AMiits. Slmmm NiUmil ShbphgAssodatloii. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      23 words
    • 195 21 TOE jg FAMOUS I iaa tvuua/ KEHM3224 1833 For more information please refer to Pg. 13 Drop anchor and enjoy the fall attention of the entire shipping industry. Shipping Times will publish a special feature in conjunction with SINGAPORT 94 International Maritime Exhibition and Conference, Asia's premier biennial maritime event,
      195 words

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    • 449 22 TSKUNE AGENCIES (S) PTE. LTD. r I w "WTkTE 1 Te,: 226-3363 M *v 3* JX# JJLWIIi Fax: 226 1972/3 jjjj. pg *****/TSKSIN TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I I EXPORTS TO HOH6KOH6. HAHU. TAIWAH t MPAH "tMtt WtttLr I owßQuwp wt m roi it I I m
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    • 1558 22 IMMCT TO U«* W«»T COAT IttHmi CMJfOWHI* CTWtM) TO «A«T «PITWM«»II IPULI. C<MT«—» M*Mft I ««n Bl_ 8M la aw k« m> bh I HousToii cwc w »nrn «ssn wr no spobi bmctu pbukus- btmmi' aloawba-1 m 7 pt sab- mrr* war oa im CALtfORNU PtGASUS 70 1617 3 24
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    • 2292 23 AA/%I dtc iin iaroinp gmppniA AGENCIES JAROINE SHIPPING AGENCIES SDN. BHD. SHIPP,NG AGENCIES PETALING JAVA TEL 03-*****76 FAX 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) L T M27O3M CFS TEL 3A960^ K KITS BOOKINGS TEL: *****80 *****81/ *****82 fgH TEL *****3/4 I FAX *****6 CFS (PSA F5) TEL: *****21/ *****79 inNnR
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    • 1065 23 ■qmrawrmEa THIS WEEK'S ARRIVAL: VESSELS VOY ETA EXCHANGE RATE ETA ETA ETA PARIS MAERSK 9404 14/3 1.5895 15/3 17/3 18/3 LIVERPOOL BAY 4356 14/3 1.5895 15/3 17/3 18/3 MAERSK KOBE 9405 15/3 1.5915 22/3 17/3 18/3 MATHILDE MAERSK 9403 16/3 1.5895 22/3 17/3 18/3 ANDERS MAERSK 9403 16/3 1.5915 22/3
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    • 1626 24 AQABA R DAM/ LE ALSO ACCEPTMO FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA KIRISHIMA 03/110 16/3 2/4 5/4 3/4 Pofi Ketang. Penang LUDWIQSHAFEN EXP 12/310 19/3 28/3 4/4 6/4 9/4 1 </4 13/4 Pasir Gudang FRANKFURT EXPRESS 72/111 23/3 9/4
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    • 650 24 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok. Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Bunga Pelangi V 2054 16/3 13/4 Ned Asia
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  • Page 25 Advertisements
    • 1900 25 M STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppd Towers Singapore 0208 Tol: *****88 Fax: *****17 new guinea pacific line G&V&f (A SERVICE OF CHINA NAVIGATION CO) ACCEPTS >CwyP I CARGO ode SAILS STRAITS PRBE *041 KK. Skin. Taw 11-12 Mac IN PT 15 Mac FCL. LCL CONTAMCR
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    • 3007 25 < SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd < I iml W PM M Llf I J. 3 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 -w ToJ: 225 2233 Te|ex RS ***** p NOCS p Fax 225 5327/222 7517 V S >t V CR Number **********0Z EXPORT
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  • Page 27 Advertisements
    • 2491 27 H-1 _TL II PLEASE DIAL 1-800-*****00 (TOLL-FREE) U 11 II FOR all bookings (nol services) II EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US OULF MIDWEST USEC CANADA wr»*gl WOY LOS OAK VAN SIT Iff. I (<<. I (tf. I (IB Oil PET 110 l MFH son N>*
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    • 1125 27 A MULTILINE SHIPPING PTE LTD V (a member of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51. *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL: 03-*****75/697
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  • Page 28 Advertisements
    • 1700 28 44_ AS AGENTS "K" LINE (SINGAPORE) PTE LTD (CR No: **********011) TEL: *****77 TELEX KAWAKI R*****5 FAX *****16/7/8/9 i T T MALAYSIA K" LINE MARITIME (MALAYSIA) SON RHO TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I A INDONESIA: P.T. SARANA LAIITINTERNUSA. TEL: JKT *****08 /ymm N.
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    • 1159 28 @APPENSHIP /2\ HAMBURG l/\J CONVENTIONAL t INDEPENDENT LINER SERVICE V—' EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE LOADING FOR INZHCNER PARKHONYUK KLP 09/02 TGN 21/02 TRT 02/03 SPORE 24/03. HUANGPU'XINGANG HONESTY SZE 16/02 HAM 22/02 SPORE 22/03. LAEM. BKK HARMEH OLDENDORFF HAM 18/02 SPORE 17/03.
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  • Page 29 Advertisements
    • 1015 29 fgSSggfff PACIFIC INTERNATIONAL LINES (PTE) LTD] f 140 Cecil street> #03-00 PIL Building. Singapore 0106. I 'I B M C 8 NO 100e*****00E J VESSEL VOV SIN WOC SIN W3 SIHSAMUT (THAI FLAG) SMIIN 16/3 IS/3 23/3 EQUATOR RUBY MM IS/3 19/3 23/3 SUM BAY (BMT) 87N IS/3 IS/3 23/3
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    • 1476 29 VESSELS VOT HAMBURG ROITEROAM ANTWERP IHWKS tl HARVE Mil O'AQULA 7532W 11/03 03 04 OVQ4 W O* 07 04 0, 04 MILE DWDM ****** 10,03 00 04 >0 04 »/0* 12/04 13/04 WLLE Of LYRA *****1 23/03 15/04 17 04 10/04 18/04 20/04 WILE DE VEGA W32W 2»/03 22/04 24/04
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    • 386 29 BSfl H. mm MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf PAGAN V2O7R In Part Saiad HPA AN V2ooft 15/17 Mar PAGAN V2OBR 29/31 Mar MALAYSIA AGENTS: BOUSTEAD SHPPMG AGENCKS KUL TEL 03-*****00 PKI TEL 03 36*6767 PEN TEL 04 *****5 PGD
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  • Page 31 Advertisements
    • 49 31 1/C7 VISA FREIGHT SERVICES PTE LTD Established Since 1984 OCEANIA PORTS REGULAR lcl consolidation AUCKLAND SYDNEY import EXPORT FREMANTLE SERVICES FOR BOOKING 8t SAILING SCHEDULE, CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL: 1800 *****66 TOLL-FREE TEL: 1800-*****34 PAX:*****86 FAX:*****37
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  • Page 32 Advertisements
    • 2661 32 SINGAPORE'S GENERAL AGENTS MALAYSIA'S MINTS I 1 I I COSTAR SHIPPING PTE LTD Chung Chuo Stuping S4n Bhd M k/^■T!f!W!T2ntTlMlT]inW^l!^B 2 Nistri Road, HMC Bldg =15 00 Singapore 0207 Mjip Lint: Port Kelang -368 8106 W( liilllUßk I'IM CR ********** M UCR KntU Lumpur 3-241 4616 H A T\Tlh D
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  • Page 33 Advertisements
    • 709 33 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 20/3 ROTTERDAM 20/3 AARHUS/COPENHAGEN 15/3 HAMBURG/BREMEN 20/3 MARSEILLE/FRANCE 20/3 FEUXSTOWE/UK 21/3 BARCELONA/SPAIN 17/3 LEHAVRE/FRANCE 16/3 GENOA/ITALY 2V3 ANTWERP/BELGIUM 20/3 LOS ANGELES/WC/PI 20/3 SYDNEY/MELBOURNE 16/3 NEW YORK/EC 20/3 FREMANTLE/ADELAIOE 18/3 VANCOUVER 18/3
      709 words
    • 1028 33 111 'I I v 5 VES CL 25 5" -g VESSEL VOY SIN PEN ■v]>l ISW* BHUM 418 M©n_ JnW OMIT_ DEJA BHUM 4543 Mow In pT Wad 19/3~ Bj|| VESSEL VOY SIN BKK WAHA BHUM 219S Ty 15/3_ Sat 19/3 DCJA BHUM 4545 Fri 1«/3 Sat IS/3 Mi XETHA
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    • 694 33 Guaranteed Sailings to: BANGKOK LAEM CHABANG JAKARTA PORT KELANG •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINATIONS UTEL: *****33 (12 Lineo) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lineo) ]W\ ETHIOPIAN SHIPPING LINES (National Lines ot Ethiopia) ACCEPTING FCL
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  • Page 34 Advertisements
    • 1668 34 PjfcflMN CONTAINER LINES, INC lAgents: MAC-NELS SPORE: *****22 (24 LINES) LJ v > No: **********0 C SIBU (084) *****9 KUCHING (082) *****3 PENANG: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN
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    • 219 34 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD El* U* HI SPOtt roil KUANC PtNANG BIU MOC tn Pi tor Mai* MUVM HUDHU 20 3 Disitiariny jrd lc«kn,t tot Bomhi) 001 PUN 20 3 loafer* foi M.iU> PtOMCLR SUmtMl 16 3 Loading Foi Malt UMMEEDH Sa<M Ua-ltr.; Fc* Male PSOGWSS
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    • 1101 34 JL THONG SOON UNES PTE LTD 1 I /XV\ 78 SHENTON WAY #10-01. SINGAPORE 0207 I I VV VV TEL: 227-5088 FAX: 227-6011 I I V TLX; RS ***** CARRIER. RS ***** JENHOI CABLE: TOSOCO I 4 THOta BOOM y- r SINGAPORE TO SARAWAK VESSEL |VOY |S PORE IPEST VESSEL
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  • Page 35 Advertisements
    • 695 35 WSV 1 EVERETT ORIENT LINE" yfSA JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTING BREAK BULK SOC CMtGOIS TO; FROM KOBE. YOKOHAMA. NAGOYA. MO* TOKYO* MANIA*. DAVAO*. Pc«un{ 0 P. Keian( Singapore E'Msu* NYEVERETT VBE 04/05 Apr 06/07 Apr KARA6KVERETT Vlff 06/07 Apr KAMAI EVERETT V2OE 21/22 Apr 23/24 Apr ACCEPTING BWAKBU.K FCL
      695 words
    • 226 35 BE StOWY WAVKATIOH CROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VH 24/3 1/4 7/4 16/4 GLORY SELATAN V 12/3 15/3 SP PKL HCM HK KAO GLORY SELATAN IX 21/3 27/3 1/4 5/4
      226 words
    • 587 35 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE VOY SIN KARACHI HYDERABAD 127HW 16/03 25/03 SARGOOHA 141 HW 3/04 12/04 KAPTAI 6/04 16/04 ISLAMABAD 121 HW 2/05 11/05 FAR EAST CONTAINER SERVICE ONLY "To 7" "SIN"" HKG BSN OS* HAG "YOK MMLRAN 146 ON 06/04 10/04 14/04 16/04 18/04
      587 words
    • 682 35 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS SHUN HE/101 11/03 25/03 26/04 28, 03 05/04 TAO HE 82 26/03 10 04 11/04 13/04 20/04 MAN HE/82 11 /04 2S/04 26/04 28/04 OS/OS HUIHC/104 26 04 10/05 11 OS 13/ OS 20/05
      682 words
    • 319 35 SMI FAR EAST 22/03 KEELUNG/KAOHSIUNG 19/03 BANGKOK 20/03 MANILA/CEBU 20/03 JAKARTA/BELAWAN/SURABAYA 20/03 PORT KELANG/PENANG/E. MALAYSIA 20/03 BUSAN 20/03 TOKYO/YOKO/KOBE/NGO/OSA 20/03 HONG KONG SIN CHjNA 20/03 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN SHANGHAI XING ANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S!N EUROPE/UK 22/03 LDN/FLX/LVP/SOU 22/03 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania /'Poland/Bulgaria/Czech. SIN
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  • Page 36 Advertisements
    • 865 36 Handling System Co. Pte. Ltd. 136 ft 138, Neil Road, #03-00, Singapore 0208 \T/ r?/ M CFS-20, Gul Road, Singapore 2262 Tel: 02-*****28 Handling System Co. Sdn. Bhd. N0.9 Lorong Cungah, ***** Port klang, Selangor, Malaysia 24th Floor, UMBC Main Building, §0000 Kuala Lumpur. Malaysia Handling System (HK) Co. Ltd.
      865 words
    • 463 36 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 16 MARCH (Accepting to all N*w Zealand porta) PENANG 18 MAR JAKARTA 20 MAR PORT KLANG 17 MAR RANGKOK 20 MAR MELROURNE 17 MAR STDNIT 17 MAR FREMANTLE 18 MAR BRISRANE 22 MAR ADELAIDE 17 MAR I^l!othE«UßG^^^l^GAl^^^^| 'ACCEPTING TO ALL SCANDINAVIA PORTS
      463 words
    • 517 36 This Week's Sailings Singapore J T FIRST FORW ARDER IN To: ETD lo: ETD asia awarded Singapore Singapore ISO 9002 by lrqa EVERY EVERY Bangkok SUN Jakarta SUN FVFRY FVFRY Manila SUN Ho Chi Minh FRI (f/S\ g|l \f\ EVERY EVERY Colombo TUE Limassol THUR L-=-H INTERNATIONAL SEA FREIGHT FORWARDMG
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  • Page 37 Advertisements
    • 1535 37 I CRYSTAL FREIGHT SERVICES PTE LTD g BmsimAl 3s. ASIAN POUTS NEW ZEALAMO/AUSTKALIA EUROPE n ur ni( 18/ AUCKLAND 16/3 ANTWERP 21/3 dmqaw ,i/o ADELAIDE 17/3 FELIXSTOWE 16/3 unwr Knur VfiA BRISBANE 17/3 HAMBURG 20/3 Vai/abta \oA FREMANTLE 18/3 ROTTERDAM 20/3 SURABAYA 11/3 18/3 KEELUNG 22/3 SYDNEY 18/J KAOHSIUNG 18/3
      1,535 words
    • 211 37 zgx CEYLON SHIPPING CORPN KSgg) National Line of Sri Lanka CONTAINERISED SERVICE TO Ik AND NORTH CONTINENTAL PORTS TST ~£T Bw'Tir TSK MUi DC AQMIA »'M 13,03 01/ M 03 04 M M OSQ4 (X 04 MUSH SWtA >400 3 W 03 14 03 HOtASIA SHMIAH >410-3 1* 03 20/03
      211 words
    • 258 37 flJc ONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.27 PORTS VOY MONTEVIOCO BUENOS DURBAN JAKARTA SINGAPORE MONO KONG HACOSIIIMA YOKOHAMA VESSELS AIRE*— DCKABRIST EBO7 SAILED SAIIEO 09/03 22-23/03 01/04 07-11/04 12/04 N. KRUPSKAVA EBOB SAILED 26/02-QB/03 21/03 02 05/04 07-11/04 16/04 20-21/04 23/04 PRHWORSK EBO9 15/03 16 21/03 03/04 16/04 21/04
      258 words

  • Page 38 Advertisements
    • 475 38 r NORTO PH£.IWNES pyLL CONTAiWER SERvi^^^^^ VESSEL VOYAGE SINGAPORE MANIA PENANG lAYA 9402N 20/03 (SUN) 26/03 (SAT) VIGOUR PACFIC 9413N 25/03 (FRI) 02/04 (SAT) EVEJY VIGOUR PACFIC 9413 AN 28/03 (MON) 02/04 (SAT) FRDAT tm SOUTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SHGAPORE I GENERAL SANTOS DAVAO CEBU VIGOUR LUZON
      475 words
    • 423 38 ~(>`'@+@._;(~;;:\=>;~~$`'+'{%{; PT BAHARI HALUAN SAMUDERA Weekly COMMON FEEDER SERVICE VESSEL VOY SINGAPORE POUT KELANC BELAWAN TAMBANG VHI 1015 lr Port 16 17 03 18 19 03 TAMBANG VIII 1016 21 22 03 23 24 03 25 26 03 INDONESIAN NAYPORT 1) lAKARTA-BELANAN lAKARTA 2) lAKARTA-PANIANG-lAKARTA SCMARANG SURABAYA SEMARANG lAKARTA v
      423 words
    • 20 38 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. Business Times
      20 words
  • Page 38 Miscellaneous
    • 696 38 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 2.7 2.7 2.5 20 1.4 09 06 05 0 7 1 0 1.7 2.4 28 2.1 2.7 22 1.6 1.0
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  • Page 39 Advertisements
    • 936 39 4 HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 PWA° PKE* P€P* ffSStIS VOY SH RTM AWT* LEU* HAM mt Ftl 09/03 11/03 12/03 H HNOVATOE 308W 21/03 08/04 09/04 11/04 09/04 09/04 12/04 IC/03 18/03 19/03 H. EXPLORER 310*1 28/03 15/03 16/04 18/04 16/04 16/04 19/04
      936 words
    • 483 39 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY UFTS INBOIIWD VESSELS VESSEL VOV Sf n IBC u SERI lACOTA VM ■PT IT/) COSNC KAMI V 43 21/1 COSMC PIOKEI VJS 23 1 CttSMC CMAUEMU V3l 22 3 20 3 OUTBOUND VESSELS LMDINfi FOR SEN/NAG SEKI NAGOYA V9O SP IN PT
      483 words
    • 951 39 JEDDAH/UK/CONTNENT STORE lED S TON HBURG RDAM LEH •Mu Acctptof Cap F«: ISBHI KWSHMA 03/110 14/3 2/4 5/4 7/4 SwHumpton to tl UN dcstautm. B«Mnt and OuMn lUDWKSHAJEN EXPRESS 12/314 19/3 28/3 4/4 9/4 11/4 13/4 R«tlerdan to al Anhrap. Amsterdam o*. Hcfcriu FRANURT EXPRESS 72/111 23/3 9/4 12/4 14/4
      951 words