The Business Times, 24 January 1992

Microfilm: NL17796
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    15 1 Business Times THE B tiSiMoSSPA PERb&fijhE ASIA MITA (P) 35/12/91 Friday, January 24, 1992 75*
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  • NEWS SUMMARY
    • Article
      Strong rise in US unemployment benefit claims
      79 1 WASHINGTON The number of Americans filing claims for unemployment benefits rose sharply in the second week of this month. For the week ending Jan 11, the number of new claimants rose to 447,000 from 401,000 at the end of the previous week, the
      79 words
    • Article
      Coup attempt in Zaire foiled
      44 1 KINSHASA Tanks guarded Zaire's radio building yesterday, hours after a group of rebel soldiers failed to overthrow President Mobutu Sese Seko. Loyal officers broadcasting over the recaptured Voice of Zaire said two soldiers were killed in the short-lived putsch.
      44 words
    • Article
      Input welcomed
      16 1 NORTH SUMATRA has welcomed technological as well as business input from Singapore Page 3
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    • Article
      Telecom market grows
      35 1 THE Asia-Pacific market for telecommunications, worth about US$2O billion (about SS33 billion), is expected to record a compound annual growth rate of 20 per cent over the next five years Page 3
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    • Article
      Draft shipping pact
      22 1 A SINGAPORE trade mission to Vietnam, from Jan 26 to 31, will discuss a draft shipping agreement Page 4
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    • Article
      Refinery hits snags
      32 1 VIETNAM'S first modern US$l.2 billion (551.96 billion) oil refinery is in jeopardy because of Washington's embargo against Hanoi and a simmering local dispute over the project's site Page 10
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    • Article
      Gloomy Down Under
      22 1 AUSTRALIAN Treasurer John Dawk ins has painted a gloomy picture of the country's prospects for economic recovery Page 10
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    • Article
      Bush takes action
      43 1 US PRESIDENT George Bush has sought to reverse a public impression that his trip to Japan was a failure with a signing ceremony for a computer pact that officials say could produce up to 110,000 jobs for Americans Page 11
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    • Article
      Shining service
      39 1 NEPTUNE Orient Line has lived up to its boast that its all-water Asia-East Coast Express service to New York matches the best transit times offered by mini-landbridge operators via the US West Coast. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      24 1 WALL STREET prices opened tower yesterday, with the Dow Jones Industrial Average down 4.02 points at 3,251.79 five minutes into the session.
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    • Article
      Footsie higher
      57 1 LONDON shares were higher at midday, lifted by optimism that the pound had weathered the storm which followed last month's rise in German rates and that the government may be able to squeeze in another half point cut before the general election. At 12IS GMT, the FTSE 100
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    • Article
      Jaya seeking listing
      39 1 SINGAPORE'S home-grown offshore vessel operator Jaya Holdings has become the second company to seek a public listing this year, with the offering of 17.6 million 50 cents par value shares at 90 cents each Page 5
      39 words
    • Article
      Inno-Pac takes action
      32 1 INNO-PACIFIC Holdings Ltd is taking legal action to stop the sale of 23 million shares in Lucky Man Properties to Hongkong company Day and Day Investments Ltd. Page 6
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    • Article
      Li firm taken to court
      32 1 HONGKONG tycoon Li Kashing's Concord Pacific Developments is being taken to court by British Columbia for allegedly underestimating the value of its Expo land holdings Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 745.71 -0.55 Kuala Lumpur ....571.64 -0.63 Tokyo 21,580.72 46.60 Hongkong —4,625.84 +75.12 Sydney 1,634.0 2.7 Wedacaday Chaage New Yoik 3,255.81 +32.42 London 2,522.0 -21.4
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    • Article
      CURRENCIES
      24 1 Exchange rates USS s$ 1.6325 100 Yen SS 1.3240 MS SS 0.6091 Money market rates Overnight 3 1/4% +3/8 3-month ...3 1/16% +1/16
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    • Article
      COMMODITIES
      35 1 London Gold AM fix US$356.55 -USS0.30 ypore Feb 128.50«/kg -1.50 M'sia Feb >.... 215.00*/kg -1.00 KL Tin Turnover 48 tonnes +15 Spot MSl4.34/kg +0.01 Crude palm oil Turnover 695 lots -29 Feb MS907 /tonne -7
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  • Article
    Asean ministers make progress on road to Afta
    525 1  -  Tariff reduction scheme widened in scope, content By Our Summit Team SINGAPORE Asean economic ministers, meeting ahead of the Fourth Asean Summit next week, achieved better than expected progress in their plan to launch Asean on the road to a free trade
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  • Article
    Regional stocks up, HK has sharpest rise
    264 1 SINGAPORE Regional bourses firmed yesterday, with the Hongkong market showing the sharpest rise in activity. The Hang Seng Index surged on rumours that former Chinese Communist Party leader Zhao Ziyang had been cleared of charges made against him after the 1989 pro-democracy protests
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  • Article
    Lock icon Beijing denies Zhao Ziyang cleared of charges report
    476 1 Reuter BEIJING Disgraced former Chinese Communist Party leader Zhao Ziyang has been cleared of charges of counter-revolution, a reliable source said yesterday, but the government immediately issued a denial. The source said that Mr Zhao had been cleared by a party committee
    Reuter  -  476 words
  • Article, Illustration
    Lock icon Kohl wants greater German presence beyond Europe
    356 1 Reuter BONN Germany's growing status in the world should lead to a greater role for Bonn in Asia and Latin America as well as in Europe, says Chancellor Helmut Kohl. He told foreign journalists on Wednesday that German business should compete more against
    Reuter  -  356 words
  • Article
    Sembawang to turn Indon isle into mini-Jurong
    457 1  -  From Catherine Ong In SHEKOU, Shenzhen INDONESIA'S Kan mum island will be transformed from an obscure tin-mining centre into a mini-Jurong for heavy industries under an ambitious plan being considered by the Sembawang Shipyard group. An Australian engineering consultancy firm, Kinhill, recently completed
    457 words
  • Article
    Lock icon Shanghai share issue oversubscribed 4 times
    100 1 Renter HONGKONG Investors have flocked to the offering of Shanghai Vacuum Electron Devices Co, China's first public share offering open to foreigners since the communist takeover of China in 1949. Rolf Gerber, managing director of SBCI Finance Asia Ltd, yesterday said the offering of
    Renter  -  100 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      426 1 H>o* COTTON DOCKERS* PANTS BY LEVI'S LCVTS SOUTHMJCS: NH-lfl Cantrapant #81 04 Wwma Air,. #01-16 Lucky Plan *01-24 Foruin Tha Shopping MM *01-08 Stiao Lmot Qatar, *01-41 Prto—y Parada #01-19 CNoMown Port #01-03 Tha AoaH>ru fcrcrcft Schedule 31 Money Changer Rates 31 World News 11 Commodities 30 Money Market 29
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      Page 1 Advertisements Column 2
      30 1 Mora reports on Pg 2: More items added for eventual free trade ander Cept Asean drops proposal on new regioual order Clear runway sought for on-going projects Editorial, Pg 12
      30 words
    • Advertisement
      Page 1 Advertisements Column 3
      141 1 HK bourse braced for a 601 after Zhao report denied, Back Pg The most successful hotel in a world famous and uniquely beautiful tourist area NORTH ISLAND, NEW ZEALAND location in the capital city of New Zealand's tourism industry, and centre of Maori culture 163 guest rooms and suites, 39
      141 words
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      Page 1 Advertisements Column 4
      23 1 Sg Baru 1 TONY SHOES TRADING CO., #04-11 Irving Road, Irving Industrial Building, Singapore 1336. Tlx: *****TONYSOFax: *****21 Tel: *****57/*****77 Marxism-capitalism tussle, Pg6
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  • FOURTH ASEAN SUMMIT
    • Article
      More items added for eventual free trade under Cept
      415 2 SINGAPORE Asean's economic ministers proved more generous than their officials had let on, agreeing yesterday to add a third broad sector of goods for eventual free trade, and raising the number of individual sectors for fast-track tariff reduction from three to
      415 words
    • Article, Illustration
      Asean drops proposal on new regional order
      324 2 Ministers agree Zopfan needs fine-tuning, but leave Treaty of Amity unchanged SINGAPORE Asean foreign ministers yesterday dropped the proposal to build a new regional order around its Treaty of Amity and Co-operation (TAC) in South-east Asia when they met to discuss the draft
      324 words
    • Article
      Clear runway sought for on-going projects
      672 2  -  BT Economics Correspondent Kenneth James puts the spotlight on the less talked-about part of Asean economic cooperation Kenneth James SINGAPORE In the build-up to the Fourth Asean Summit next week, much of the dazzle and some would add, the razzle has come from proposals
      672 words
    • Article, Illustration
      The tax concession that took three years to materialise
      627 2  -  The Asean Industrial Joint Venture scheme has not been without hiccups, Loh Hui Yin reports Loh Hui Yin SINGAPORE Patience, oodles of it, was needed by the owners of Ethoxylates Manufacturing before they could sell their tonnes of petrochemicals to Ascan
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      86 2 A Unclog your cash. Is your business caught in a tight cash-flow situation? Bring us your invoices and we'll give you immediate cash advances. MMB Keppel Finance Limited Let Keppel Finance and Keppel Factors Keppel Factors Re Ltd ease your cash f|ow IV VI (Members of the Keppel Group) Head
      86 words
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      Page 2 Advertisements Column 2
      119 2 Summit reports by Vang Razali Kassim, Kenneth James, Loh Hui Yin, Chuang Peck Ming and Harish Mehta For a mere $200 per month, the most reasonable rate in Singapore, we offer you an identity plan which entitles you to:- A prestigious address for your business Telephone answering and messages Fax
      119 words
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  • PAGE 3 NEWS
    • Article
      North Sumatra seeks high-tech investments from Singapore
      267 3  -  From Schutz Lee in MEDAN THE Indonesian province of North Sumatra would welcome technological and business input from Singapore, provincial vice-governor Alimuddin Simanjuntak said yesterday. "More business cooperation and a closer relationship between Singapore and North Sumatra will lead to further development of
      267 words
    • Article
      Lock icon Hongkong needs new container terminal by 1995
      290 3 AFP HONGKONG Hongkong will lose HK$lOO million (about Ss2l million) in trade if no new container terminal is built, as the port is expected to reach saturation point by 1995. Tony Miller, director of marine, yesterday said "there is a need for additional
      AFP  -  290 words
    • Article
      Lock icon G7 likely to seek stronger yen at weekend meeting
      281 3 Agencies TOKYO The Group of Seven (G7) is likely to seek a stronger yen at this weekend's meeting of Finance ministers and central bank governors in New York, a senior Japanese official was quoted as saying yesterday. Kyodo AWs Service quoted
      Agencies  -  281 words
    • Article, Illustration
      Lock icon Beijing, Taipei, Manila react to KL-Hanoi pact on Spratlys
      490 3 AFP BEIJING China, Taiwan and the Philippines bridled yesterday at an agreement between Vietnam and Malaysia resolving their overlapping claims on the widely disputed Spratly Islands in the South China Sea. Chinese Foreign Ministry spokesman Wu Jianmen, at a press briefing
      AFP  -  490 words
    • Article
      Telecommunications market in Asia-Pac worth US$20m
      435 3  -  Japan not included in report By Joseph Rajendran SINGAPORE The AsiaPacific market for telecommunications, excluding Japan. is worth about US$2O billion (about Ss33 billion) and should hit US$5O billion by 1997. According to a report by the Datapro subsidiary of US-based publisher McGrawHill released
      435 words
    • Article
      Activity in warehouse and godown market surges
      542 3 Hongkong property market HONGKONG The warehouse and godown market has seen a surge of activity over the past week, sparked by relief over the United States' decision to defer punitive tariffs on some Chinese goods, according to a South China Morning Post report.
      542 words
    • Article
      Lock icon China curb on HK property speculation
      208 3 AFP HONGKONG China, wary of double-digit inflation in Hongkong, is to stop mainland companies from speculating in property in the British colony, it was reported here yesterday. Wang Qiren, deputy director of China's Hongkong and Macau Affairs Office, was quoted by the semi-official Hongkong
      AFP  -  208 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      84 3 Breakout Uie greenness of the Turf At Tho Ti irf You have heard I the excitir> 9 thunder of the hoofs Tonight Now,experience the Splendour of The Derby Join In For A new hangout for all friendly people to HSI drink, dance and sing-a-long to the nostalgic A music of
      84 words
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  • SINGAPORE NEWS
    • Article
      S'pore, Vietnam to discuss shipping accord
      392 4  -  By Selva Kumar PRELIMINARY discussions on a draft shipping agreement with Vietnam is one of the items on the agenda for a Singapore trade mission to the Indochinese state from Jan 26-31. TDB officials will discuss the draft agreement with Vietnam's Vice-Minister for Transport,
      392 words
    • Article
      Italian fabric firm sets up regional HQ in S'pore
      354 4  -  By Sangeeta Mulchand ITALIAN producer of cashmere and wool fabrics, Loro Piana, has set up its regional headquarters in Singapore to handle marketing and distribution in the eastern AsiaPacific rim. Starting from a zero base, first year sales in the region
      354 words
    • Article, Illustration
      Hotel Negara giving way to 21-storey, five-star hotel
      153 4 THE wrecker's ball will fall on Hotel Negara along Claymore Road today. The hotel must go as part of a redevelopment project, but a new one will take its place. And, unlike the old one, it won't be a modest four-storey building
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    • Article
      CPF members withdrew $2.1b for investments
      275 4 CENTRAL Provident Fund members had withdrawn $2,157 billion for investment in trustee stocks, unit trusts, convertible loan stocks and gold at the end of last year, the CPF Board announced yesterday. This represents a good 26.8 per cent jump on the $1.7 billion withdrawn
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    • NEWS ROUNDUP
      • Article
        NUS to start Masters course in real estate
        58 4 THE National University of Singapore will start a Masters in Real Estate course from this July. Those keen to take up the course can either do a one-year, full-time course or a one-and-half-year, part-time course. Foreign experts will be invited tp share
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      • Article
        MCD commissions videos
        68 4 THE Ministry of Community Development has engaged SBC Enterprises to produce three video docu-dramas, ore each or the Chinese, Malay and Indian customs and festivals. These materials will be used to start a public education programme to help community leaders (including those from ethnic organisations), students and
        68 words
      • Article
        Hong Leong's hong baos
        59 4 THE Hong Leong Foundation, a charitable foundation which provides financial assistance to less privileged Singaporeans, will hold a hong bao presentation ceremony this Saturday at Hollywood Theatre along Tanjong Katong Road. Some $127,000 will be distributed as hong baos to 2,535 senior citizens who are registered
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      263 4 BNP to set up branch in Vietnam this year, Pg 8 New joint-venture bank in Vietnam, Pg 8 A SALE OF SITE BY URBAN REDEVELOPMENT AUTHORITY M VILLAGE M) 1 JuEJB^SwaaCTK..i-.-:: r t The Singapore River. The soul of Singapore. Riverside Village. A mixed develop- tt -jl c Once the
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      Page 4 Advertisements Column 2
      111 4 Commencing February 17th 1992 English College at Woodlands will offer Secondary (from Year 7) and PreUniversity (South Australian Matric) programmes and from March 2nd 1992 First Year Undergraduate Courses. The undergraduate twinning programme is a flexible one with possibilities for transfer to a number of universities abroad. The college also
      111 words
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  • COMPANY NEWS 1
    • Article
      Jaya Holdings offers 17.6m shares at 90¢ each
      417 5  -  Home-grown offshore vessel operator to be listed on Sesdaq By Dexter Lee SINGAPORE Homegrown offshore vessel operator and fledgling ship repairer Jaya Holdings has become the second company to seek a public listing this year. Yesterday, Jaya (which in Malay is "success")
      417 words
    • Article
      CPL enjoys higher rents, but profits stay flat
      307 5  -  By Sylvia Wong SINGAPORE CentrepSnt Properties Ltd (CPL) has reported an 8 per cent increase in rental income for the half-year to Dec 31, 1991 thanks to rent rises at its flagship Centrepoint Shopping Centre. u u The group's rental income for
      307 words
    • Article
      Lock icon KLSE investors urged to look at fundamentals
      265 5 Bernama KUALA LUMPUR Local fund managers should give due consideration to domestic events rather than looking at foreign developments in making investment decisions on the stock market, the general manager of the Kuala Lumpur Stock Exchange Mohd Salleh Majid said yesterday. "Fundamentals of
      Bernama  -  265 words
    • COMPANY BRIEFS
      • Article
        New appointment at TV3
        34 5 SCUALA LUMPUR Sistem Televisyen Malaysia Bhd, operator of the commercial television station TV3, has announced that it has appointed Datuk Halim Saad as executive Vice-chairman, with effect from Jan 15.
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      • Article
        Director buys C&C shares
        68 5 SINGAPORE Cycle and Carriage Ltd's director of motor vehicles, Philip Eng Heng Nee, has informed the Stock Exchange of Singapore that he has bought 35,000 of the (aompany's shares at an exercise price of $3.53 per share pnder the Senior Executives Share Option Scheme. The purchase
        68 words
      • Article
        Harimau Investments' NTA
        38 5 SINGAPORE Harimau Investments Ltd has announced ;|)iat the net tangible asset backing for each of its $1 ordinary shares at Dec 31, 1991, was $1.63 per share. This is based on the group's unaudited accounts.
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    • Article
      Demand for broking stocks returns
      308 5  -  Active stock market good news for securities houses By Magdalene Ng SINGAPORE Stockbroking houses have found favour with investors again as the recent rally in the Singapore market looks set to run for the next three months at least. Kim Eng Holdings took top spot
      308 words
    • Article
      Lock icon Lion Group to seek clarification on mill status
      138 5 Agencies KUALA LUMPUR The Lion Group hopes to get its Taiwanese partner to shed some light on the suspension of the US$3.2 billion (555.2. billion) integrated steel mill project next week. Executive director Tan Sri William Cheng left for Taipei yesterday to
      Agencies  -  138 words
    • COMPANY BRIEFS
      • Article
        Tokyo brokerages plan market support group
        85 6 TOKYO Japan's "Big Four" brokerages are considering establishing an organisation that will purchase stocks when the market takes a one-way slide, a published report said. The MainichiShimbun said the plan emerged when officials at the four brokerages called for an urgent meeting in response
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      • Article
        Daimaru plans third Thai branch
        85 6 BANGKOK Japan's third largest department store chain, Daimaru, has announced that it will invest one billion baht (5564.4 million) in a new outlet in Bangkok. The Thai press on Wednesday quoted Yasuo Tomitani, the firm's managing director, as saying the new store will be open
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      • Article
        Coles Myer selling unit
        76 6 MELBOURNE Coles Mycr Ltd said its wholly-owned agri-business group, Sandhurst Farms Group, is up for sale because it no longer fits in with Coles' core retail operations. Sandhurst, acquired by Coles Myer in 1987, produces a range of dairy and beef products for domestic and overseas
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      • Article
        Uncertain year for ICI (A)
        48 6 MELBOURNE Chemicals and pharmaceuticals group ICI Australia Ltd cannot confidently predict that current-year profit will be a big improvement over the 1991 result, chairman Milton Bridgland said. Sales for the three months ended December were 3 per cent down on the year-ago quarter.
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    • Article
      Lock icon Lippo, Cheung Kong in convertible note accord
      180 6 Reuter HONGKONG Lippo Ltd and Cheung Kong (Holdings) Ltd aim to strengthen cooperation between the two parties through a HKSIOO million (Ss2l million) convertible note agreement, Lippo's managing director David Ych said. Cheung Kong has agreed conditionally to subscribe to the note, which
      Reuter  -  180 words
    • Article
      Inno-Pac to stop sale of 23m Lucky Man shares
      338 6  -  Company taking legal action to protect own shareholding By William Chia SINGAPORE Inno-Pacif-ic Holdings Ltd is taking legal action to stop the sale of 23 million shares in Hongkong company Lucky Man Properties to Day Day Investments Ltd. In an announcement
      338 words
    • Article
      Amcol unit converted to distribute building materials in Asia
      345 6  -  By Claire Leow SINGAPORE Mainboard listed Amcol Holdings Ltd has converted a shell company into a joint-venture firm to distribute building materials made by a USbased company, LouisianaPacific Corporation. Bay Yew Chuan, group general manager of Amcol Holdings Ltd, is managing
      345 words
    • Article
      Lock icon Cathay Pacific rules out Qantas stake
      155 6 AFP SYDNEY Cathay Pacific yesterday ruled out any investment in Australia's soon-to-be-privatised Qantas, citing large financial commitments at the Hongkong carrier's home base. Bill Rothery, general manager for Australia and New Zealand, said here that Cathay was committed to buying aircraft and the development
      AFP  -  155 words
    • Article
      Datacraft Asia wins two major telecoms contracts
      214 6 SINGAPORE Datacraft Asia has made inroads in the region's fast-growing telecommunications industry by securing orders totalling more than US$5 million (558.16 million) from two regional satellite communications companies. Datacraft has sold US$4.5 million worth of telecommunications switching equipment to Information Networking Corp (INC),
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    • Article
      Lock icon Shanghai bourse caught in Marxism-capitalism tussle
      584 6 Stocks in hot demand but authorities are cautious AFP SHANGHAI The Shanghai stock exchange plans to expand its listing from nine to 50 stocks, but a rift within the Chinese leadership over the capitalist experiment is stifling more rapid growth, officials said. Demand is
      AFP  -  584 words
    • Article, Illustration
      Vancouver takes Li Ka-shing's firm to court
      263 6 VANCOUVER Hongkong property tycoon Li Kashing's Concord Pacific Developments is being taken to court by the government of British Columbia for allegedly under-estimating the value of its Expo land holdings, the South China Morning Post reported on Wednesday. At stake is more than
      263 words
    • Article
      Tomei gets HK$99m from sale of Great Wall stake
      292 6 HONGKONG Hongkong's Tomei International has sold 60 million shares or 9 per cent of Great Wall Electronic International to 40 institutional investors, raising HKS99 million (5520.8 million) in a deal brokers claim could preclude a significant restructuring of the electronics company,
      292 words
    • Article
      Lock icon Maxwell inquiry uncovers another secret fund
      378 7 FT LONDON A seventh secret Liechtenstein Foundation, the Hesto Trust, has been uncovered by investigators looking into an alleged scheme by the late Robert Maxwell to support the share price of Maxwell Communication Corporation. It also emerged on Tuesday that at least £200 million
      FT  -  378 words
    • Article
      Lock icon Agnelli group will not counter Nestle's bid for Perrier
      466 7 AFP ROME The Agnelli empire does not intend to counter a bid by the Swiss group Nestle for control of Source Perrier, and Agnelli also has no intention of getting into a scrap with BSN, another French food group, Umberto Agnelli
      AFP  -  466 words
    • Article
      Lock icon US firms turning to equity market to raise cash: analysts
      324 7 Reuter NEW YORK US corporations are likely to switch gears in coming weeks, moving away from the debt market and into the equity arena as a strong stock market provides firms the opportunity to raise cash, analysts said. The combination
      Reuter  -  324 words
    • Article
      Lock icon Stock analysts fear BP may not keep dividend policy
      402 7 Reuter LONDON Lower oil prices spell a gloomy outlook for British Petroleum Co pic and have sparked stock market fears over whether BP will maintain its policy that dividend payments should at least keep pace with inflation. Most analysts say the
      Reuter  -  402 words
    • Article
      Lock icon Du Pont sees fibres post double-digit gains
      308 7 Reuter PHILADELPHIA, Pennsylvania Du Pont Co's fibres business, considered an important financial indicator for the company, is expected to post double-digit per cent gains in earnings for both 1991 and 1992, vice chair-man-elect John Krol said. "We're gonna be up in the double
      Reuter  -  308 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      43 6 W~ M& ®f RIVER PALACE SICHUAN RESTAURANT JP'ijPa JT > TBl s v 1 c s —*>•■■■ s. BP -yl •^TT'^&^Pifcpp""****Welcome the Chinese Lunar Menu available from 2nd February to 18th February 1992. L J 382 Havetock Road, Singapore 0316. Tel: *****22 Fax: *****34 UJLUIa
      43 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
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      Page 7 Advertisements Column 2
      273 7 J ,n 8 s t roilo ooif the lethal speed Hj w^ A And, in single stroke, the Mfzeno ZP-Vs aerodynamic form whips the air with 30% less air resistance, cleaving the wind fasrerthan any golf club before it. Like the winged Ferrari, to*hsM ears in clouds of dust. W
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        IBCA downgrades Nomura Securities' rating
        74 8 SINGAPORE IBCA, the European rating agency, has lowered its rating of Nomura Securities. The long-term rating for the Japanese house now stands at AA from a previous AA IBCA said the downgrading reflects in part the weak condition of the Japanese securities markets and current
        74 words
      • Article
        Japan's long-term banks cut prime
        54 8 TOKYO Japan's three long-term credit banks The Long-Term Credit Bank of Japan Ltd, Industrial Bank of Japan Ltd and Nippon Credit Bank Ltd will lower their long-term prime rates by 0.6 percentage point to 6 per cent, bank officials said. The new rate will be
        54 words
      • Article
        IBJ and Wako units to merge
        91 8 TOKYO IBJ Capital Management Co Ltd, an affiliate of the Industrial Bank of Japan Ltd (IBJ), and Wako International Capital Management Co Ltd, an affiliate of Wako Securities Co Ltd, have agreed in principle to merge, a statement from IBJ Capital said. The merger
        91 words
      • Article
        Tokyo may admit Lloyd's
        97 8 TOKYO Japan's Ministry of Finance (MOF) is awaiting a proposal expected to be made by an advisory panel later this year to consider giving business licences to Lloyd's of London. The Insurance Council, an advisory panel to the MOF, is deliberating a major overhaul of the
        97 words
      • Article
        Baltic states get gold back
        104 8 LONDON Britain is to compensate the Baltic states for their gold which it held on deposit in 1940 at the time of the Soviet takeover. The gold was sold by the UK government in 1967 for £5.8 million (SS 17.08 million). Today it is worth
        104 words
      • Article
        First Interstate sees better results
        82 8 LOS ANGELES First Interstate Bancorp said plans to reduce operating expenses by about US$2BO million (*****.1 million) to US$2.O5 billion should help 1992 results, although revenues should decline by about 10 per cent because of the ongoing weakness in the economy. It also said it
        82 words
      • Article
        Algerian bank accord in doubt
        113 8 PARIS An agreement reached in the autumn to help Algeria cope with its debt problem is being challenged by some US banks, banking sources said here on Wednesday. Their veto of the arrangement was casting doubt on the conclusion of various loans which are conditional
        113 words
    • Article
      DBS Finance launches fixed-rate housing loan
      240 8 SINGAPORE Taking advantage of the current low interest rates, DBS Finance has come up with a fixed-rate housing loan. Speaking to BT, assistant general manager Anthony Tan said that investors can now lock in lower interest rates to hedge against potential future rises. The
      240 words
    • Article
      Lock icon Regulators propose changes to US government securities market
      281 8 AP WASHINGTON Regulators in the United States have proposed broad changes in the US$2 trillion (553.26 trillion) government securities market, in an effort to prevent another scandal like the Salomon Brothers fiasco that shook Wall Street last year. The proposals, announced on
      AP  -  281 words
    • Article
      BNP to set up branch in Vietnam this year
      346 8  -  Bank is also eyeing office in Bangkok By Shoeb Kagda SINGAPORE Banque Nationale de Paris (BNP) will set up a branch office either in Hanoi or Ho Chi Minh City by the end of the year, possibly earlier, the bank's chief
      346 words
    • Article
      New joint-venture bank in Vietnam
      280 8  -  By A J Leow SINGAPORE Vietnam's central bank has granted a commercial licence for a new joinj-venture bank in Ho Chi Minh City. The new entrant, Dainam Bank, will start with four branches in Ho Chi Minh City. It has plans to expand its operations
      280 words
    • Article
      China bank to set up branch in Singapore
      200 8 BEIJING The Industrial and Commercial Bank of China will open its first overseas branch in Singapore in March and plans other branches in New York, London and Hongkong, a report here said yesterday. China's largest savings bank aims to develop its international
      200 words
    • Article, Illustration
      Cambodia agrees to Thai help for monetary system
      285 8 BANGKOK The Cambodian government has agreed to a recommendation by the Bank of Thailand to allow Thai commercial banks to help develop the country's monetary system. The Bangkok Post reported on Wednesday that Bank of Thailand governor Vijit Supinit, who made a
      285 words
    • Article
      Lock icon J P Morgan recruiting for UK equity operation
      475 8 Groundwork laid with LSE membership Reuter LONDON JP Morgan and Co Inc has begun recruiting for a UK equity marketmaking operation that would mark the first major entry into the business in recent memory. J P Morgan spokesman John Hompe said in
      Reuter  -  475 words
    • Article
      Lock icon Aussie banks unlikely to rush to securitise assets
      591 8 MARKET TALK Banks not short of capital Reuter SYDNEY Australian banks are unlikely to rush into deals to get loans off their balance sheets despite new guidelines clarifying the Reserve Bank of Australia's (RBA) position on securitisation, analysts and bankers said yesterday.
      Reuter  -  591 words
  • Page 8 Advertisements
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      120 8 Coirtemporaiy i Art Exhibition bV r Jri p Ceramics• Paintings f Venue: Mandarin Hotel (South Wing) sth floor Arts Design of China 1 Hua Shi Oriental Art Re Ltd 1 ofSinaaoore The Central Academy of Arts and Designs of China, in conjunction with Hua Shi Oriental Art Pte. Ltd. are
      120 words
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      Page 9 Advertisements Column 1
      393 9 A Zodiac Sr Automatic Chronograph with calendar. jflflL 4 (Dome mineral glass, anti-reflection treatment) 4*j/ML Adventurers who love the challenge of the sea, know they can rely on the sturdy resilience of a Zodiac. Screw-locked into a block of solid steel (to match their nerves), it is a watch that
      393 words
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  • THE REGION/THE WORLD
    • NOTE BOOK
      • Article
        Call for nine-year jail term over leak
        95 10 JAKARTA Prosecutors in East Timor are seeking a nineyear jail term for an East Timorese businessman accused of obtaining state secrets for a foreign country. The businessman, named only by his initials AR, was accused in Dili state court of masterminding a scheme
        95 words
      • Article
        Aussies wooing Japanese firms
        78 10 CANBERRA Australian Industrial Relations Minister Peter Cook is taking business and union leaders to Tokyo to persuade Japanese to invest in Australia's manufacturing industry. Mr Cook, who leaves for Tokyo tomorrow with his team for a week-long mission, said there were "compelling reasons" for Japanese investment
        78 words
      • Article
        HK sees upsurge in crime
        66 10 HONGKONG Hongkong's police chief has announced statistics that show big increases in violent crime in the British colony last year and blamed organised crime and gangs from mainland China. Police Commissioner Li Kwan-ha said on Wednesday that armed robbery had gone up 40 per cent
        66 words
      • Article
        US aid to Manila may be cut
        71 10 MANILA The US said yesterday that aid to the Philippines may be cut sharply after US forces complete their pullout from America's last military base here by the end of this year. US ambassador Frank Wisner said the millions of dollars the Philippines
        71 words
      • Article
        Hanoi rebuffs German move
        68 10 HANOI Vietnam rebuffed a German government delegation in Hanoi last week by refusing to sign an agreement to repatriate thousands of Vietnamese who once worked in communist East Germany. A Western diplomat said on Wednesday that the Hanoi government refused to sign an agreement which would
        68 words
      • Article
        Viet PM's visit seen as a success
        74 10 KUALA LUMPUR The four-day visit of Vietnamese Prime Minister Vo Van Kiet to Malaysia has opened a new chapter in relations between the two countries with more bilateral economic agreements expected to be signed in the near future. Describing the visit, which ended
        74 words
    • Article
      Lock icon New currency considered for N-S Korean deals
      202 10 AFP SEOUL South Korea is considering creating a currency to use solely in its dealings with North Korea amid expectations of increased direct inter-Korean trade, a press report said yesterday. Government sources said creating a new currency exclusively for use between the two
      AFP  -  202 words
    • Article
      Viet refinery project appears to be in jeopardy
      467 10  -  US embargo, local dispute may affect its construction From Harish Mehta in HANOI SIX FOREIGN oil companies appear to be interested in building Vietnam's first modern refinery, but the US$l.2 billion (S$ 1.96 billion) project may be in jeopardy due to Washington's
      467 words
    • Article, Illustration
      Lock icon Aussie Treasurer presents gloomy economic outlook
      517 10 Some signs point towards an upturn Reuter SYDNEY Treasurer John Dawkins painted a gloomy picture of Australia's prospects for economic recovery yesterday, the day a survey showed consumer confidence slipped further in January despite another cut in interest rates. However, signs emerged that an
      Reuter  -  517 words
    • Article
      Lock icon Pahang woos Singapore investors
      395 10 MBT KUALA LUMPUR Pahang is keen to become the next investment centre for Singapore industrialists after Johor, which is said to be facing industrial congestion. The state is going all out to woo Singapore investors and working to its advantage are its ample land for industrial
      MBT  -  395 words
    • Article
      Lock icon Review living-standard measure: Mahathir
      366 10 AFP KUALA LUMPUR Malaysia's Prime Minister Datuk Seri Dr Mahathir Mohamad has called for a better measure of international living standards, saying the use of per capita income in US dollars was a poor approach because the greenback was an unstable currency. Dr Mahathir said the
      AFP  -  366 words
    • Article, Illustration
      Lock icon Chin Peng plans to return to M'sia, set up political party
      206 10 Bernama BANGKOK Former Communist Party of Malaya (CPM) leader Chin Peng said he intended to return to Malaysia and set up a new political party, the Bangkok Post newspaper reported yesterday. However, details of his plans were not available.
      Bernama  -  206 words
    • Article, Illustration
      From the lion's mouth
      50 10 MELBOURNE Tsavo, a lion at the Melbourne Zoo, sleeping open-eyed while an infected molar was removed on Wednesday. An improvised surgery was set up behind the feeding enclosure to perform the two-hour operation in which the offending tooth was removed after a bleeding hole was discovered.
      50 words
    • Article
      Lock icon Aids threatens Asia's economic boom, says UN
      371 10 Reuter MANILA The Aids epidemic is like a volcano waiting to explode on millions of poor Asians and nations in the region must act fast to contain the disease, a United Nations official said yesterday. The disease, which may kill up to 20
      Reuter  -  371 words
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      77 10 NEW ZEALAND PACIFIC PARK HOTEL CHRISTCHURCH for sale by the owners PRICE NZ52,000,000 SUIT INVESTOR OR OWNER OCCUPIER ST Management contract available 0 Well established ET Trading profitably ST Predominantly tourist clientele ST 66 rooms ST Conference room ST 1.5 acre grounds I 6? Restaurant ST Bar ST Excellent parking
      77 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Bush tries to reverse poor view of Japan trip
      421 11 Signing ceremony for computer pact used to defend gains Reuter WASHINGTON United States President George Bush has attempted to reverse a public impression that his trip to Japan was a failure with a signing ceremony for a computer pact that officials
      Reuter  -  421 words
    • Article
      Lock icon EC plans to open up gas, energy markets
      423 11 IHT BRUSSELS The European Commission has proposed a broad liberalisation of the gas and electricity markets that would allow industrial and home consumers to bypass energy monopolies and shop around for the best price. The plan's most striking and controversial element would
      IHT  -  423 words
    • Article
      Lock icon 'Back office' gains for Ireland
      542 11 Niche in administration services found Reuter DUBLIN A skier breaks his leg in upper New York State and files a health insurance claim to a post office box number at New York's Kennedy Airport. Within hours, his form is flown across the Atlantic and processed
      Reuter  -  542 words
    • Article
      Lock icon Call to block biotech patent plan
      266 11 Reuter BRUSSELS The European Community has edged closer towards agreement on a controversial proposal to give companies sole rights to any plant, animal or other living organism they invent. Members of the European Parliament's Green faction said on Wednesday that plans to allow EC-wide
      Reuter  -  266 words
    • Article
      Lock icon No consensus on effects of rise in US housing starts on economy
      566 11 IHT NEW YORK The increased housing starts in December could be the first slight push to the stalled US economy, some economists say. Others, however, say a lot more would be needed. After the worst year since the
      IHT  -  566 words
    • Article
      Lock icon Rich nations face Russian request for US$7b aid fund
      473 11 Reuter WASHINGTON Major industrial nations are being forced to consider Russia's request for a US$7 billion (5511.4 billion) fund to help stabilise its economy, but the big question remains where will they get the money? The Russian appeal is not on
      Reuter  -  473 words
    • WORLD WATCH
      • Article
        US ends high-level talks ban with N Korea
        98 11 UNITED NATIONS The US broke a four-decade freeze on high-level talks with North Korea by holding a day-long meeting on Wednesday focusing on nuclear issues. Arnold Kanter, the US Under-Secretary of State for Political Affairs, met Kim Yong Sun, director of the
        98 words
      • Article
        Lamont hopeful about rebound
        99 11 LONDON British Chancellor of the Exchequer Norman Lamont says conditions are now good for a well-based economic recovery from recession this year. "There remain good grounds for believing that the recovery will become firmly established in the course of 1992," he told Parliament on Wednesday, opening
        99 words
      • Article
        Goodbye Tass, hello Rita
        68 11 MOSCOW Forget Tass. Hello Rita. The Tass news agency. official media voice of the Soviet Union for nearly seven decades, has said it is to be merged into a new agency called Rita. Russian President Boris Yeltsin decreed the Russian Information Telegraph Agency or Rita would
        68 words
      • Article
        Flooding to hit sales growth
        69 11 BEIJING Severe flooding last summer is expected to limit growth in China's retail sales to about 10 per cent this year, down from 13.2 per cent in 1991, according to officials quoted here yesterday. The flooding in China's prosperous eastern provinces, combined with significant price
        69 words
      • Article
        Bonn to curb guarantees for CIS
        86 11 BONN Worried by the rising financial and political risks of doing business in the former Soviet Union, the Bonn government has decided to set a limit on export assistance to the Commonwealth of Independent States and established tighter criteria for the aid. It said
        86 words
      • Article
        Approval for privatisation likely
        55 11 ROME The Italian Parliament is expected to approve a potentially revolutionary law opening the door to the privatisation of Italy's giant industrial holding companies. The Bill, a vital part of government plans to control a soaring state financing deficit, is to be voted on by the
        55 words
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      86 11 by ptrinna indißi (Pte) LkL H I pm j f3 oftondmadc Persian carpets in silk and wooL Wf 1| Of«/SMi» Our Guarantee: All item. purchased art IV II i 11.30 am to l.OOpm backed by full trade in value al our main fll ■I Sccoqd MMtoa IT. SfßSMv♦& shOWrOOOI. 2.30
      86 words
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  • Article
    Germany's new role
    473 12 EDITORIAL IN THE changed world after the fall of the Berlin Wall, it is natural that economic strength needs to be recognised politically. It is therefore not surprising that Germany expects and the world expects of Germany to play a greater role in international relations still taking
    473 words
  • WHAT THE OTHERS SAY
    • Article
      Civil solutions
      265 12 WHILE last week's first-ever gathering of nearly 5,000 military officers in Moscow ended happily with a denial that the military had any political ambitions, the matter hardly ends there. As Russian President Boris Yeltsin himself said, the officers had serious reasons for convening, but in doing so, they
      265 words
    • Article
      Stay vigilant against drugs
      104 12 THE drug situation is well under control, thanks to Singapore's innovative drug rehabilitation programme and tougher anti-narcotics enforcement. Specifically, it is heartening to note that the ratio of old to new Malay addicts who form half of the total number of abusers has come down in
      104 words
    • Article
      Promising future
      123 12 CHINA'S paramount leader, Deng Xiaoping, and President Yang Shangkun visited Shenzhen recently. As Shenzhen was the first special economic zone set up by China, the visit had a special meaning and it showed that the reforms and open-door policy introduced by China would take a major stride this
      123 words
  • REGIONAL VIEWPOINTS
    • Article
      Pay the Korean victims
      163 12 THE CENTRAL ISSUE dominating Japanese Prime Minister Kiichi Miyazawa's summit in South Korea last week was the embarrassing topic of sex slavery, in particular the brutal behaviour of the Japanese army in dragging innocent girls off the streets and out of school classrooms to work as
      163 words
    • Article
      A bigger role for the UN
      181 12 THE ANNOUNCEMENT this week by the United Nations that it was no longer content to act as an observer in the Middle East peace process suggests that under its new secretary-general, Mr Boutros Ghali, the organisation may become more assertive in its dealings with
      181 words
    • Article
      Make exclusion exclusive
      160 12 IT CAN ONLY be termed as disappointing, the outcome of the Asean senior economic officials meeting in Singapore, which is expected to be endorsed by the Asean Summit next week. Although they have fleshed out the economic ministers' decision to bring about an Asean Free Trade Area
      160 words
  • Article, Illustration
    Lock icon Growing pains
    884 12  -  Louise Kehoe assesses Sematech's ambitious plans for the next five years Louise Kehoe FT CAN Sematech. the controversial US government-funded chip makers' consortium, live up to its promise to "re-establish American pre-eminence in semiconductor manufacturing technology'? As Sematech leaders seek support for a second five-year phase of operations,
    FT; Source: VLSI Research  -  884 words
  • Page 12 Advertisements
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      91 12 INVESTMENTS IN ThethemeforßusinessTlmes'special Business limes feature is "New Zealand Gathering Strength for Recovery". The feature wil SPECIAL FEATURE a)so w a seminar in February 17,1992 Singapore on investing in New Zealand. Readers can look forward to vital information on business opportunities given by a panel of experts on New Zealand
      91 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      41 12 POONESBURY BY GARRY TRUDEAU B £LJ7? UH...YSAH, im IS BOOPS/5 HOM5* Y£AH, SHB AND H£R A6BNT A& BOTTOM LINE' THANKS'. J mm? V CON- tlffi'M PGCJJS&NS WAT THIS HSY.YSAH... M**™' MXPSUft GRATULATS H£R, AFRAID PREGNANCY THING IS I DIDN'T PU^AeON^ &THAT
      41 words
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  • ANALYSIS
    • Article
      Lock icon Ethnic's the way to do business in California now
      1287 13  -  As California becomes more ethnically diverse, corporations are finding they need to adopt new consumer approaches. Richard W Stevenson reports Richard W Stevenson NYT IN California, where waves of diverse and fast-growing immigrant groups have swept away any lingering notion of
      NYT  -  1,287 words
    • Article, Illustration
      Lock icon Making the game tougher to play
      1076 13  -  While James Steragold reports on new measures Japanese authorities are considering, which could hurt foreign brokers, E Scott Reckard looks at blind spots the Japanese have shown in their investments in the US James Sterngold E Scott Reckard NYT J" APANESE financial industry executives
      NYT  -  1,076 words
    • Article
      Lock icon Japan's deals in the US: did the empire strike out?
      689 13 AP THE URGENCY of President Bush's recent trade mission underscored the image of the Japanese as business world villains. But while its cars and electronics crush competitors in quality and popularity, the Japanese have largely struck out with investments on
      AP  -  689 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      89 13 THE COLLECTIBLES COMPETITION. WHO WON? Congratulations to the following winners of our Second Early Bird Draw. 24 Carat Gold Piated Ericsson HotLine Pocket Mr Thaw Chin Nin *****50/H Lucky Draw No. ***** Ericsson 1892 Replica Antique Phone Mr Chia Chong Seng *****85/F Lucky Draw No. ***** Mr Mohd. Rashid *****4
      89 words
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      273 14 ■SUBARU I T lyi The Aristocratic Estate. AAmHßfcfc /yUfcy &sigttP^B3KL K T. p* BftJß r /^^^WBBBBR^;alyS3sS^»^-»^. i. fl i/r »«mT Sm BHBIM^^S I I ._l "1 <-sw" SjfcfTL. jgf VT > T fc.. .A* The new Legacy 2.0 series GL 4WD Estate is to the braking system (ABS) ensure the
      273 words
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  • FOCUS
    • Article
      Won't they need another hero?
      696 15  -  This year's Philippine election throws up a mixed bag of contenders for political office from an army general to an actor to a court judge. But do the people have a real choice, asks Issa Rodriguez Issa Rodriguez The writeima Manila-based correspormmt who writes JdJmT
      696 words
    • Article
      Economy expected to be buoyant in first quarter
      500 15 ILfl 1 lUPINOS are looking 1992 with cautious •3; optimism and they 3&ve good reason to expect a 3»unci«g economy in at least «Se first semester of the year. The brighter prospects for 3He economy which registered zero growth in 1991 «*an
      500 words
    • Article, Illustration
      The top six presidential candidates: Who's who
      572 15 This time, vicePresident Salvador Laarel will not succumb to gallantry and selfdenial. Best remembered for consenting to be President Corazon Aquino's running mate in the 1986 snap election. Mr Laurel said he would no longer give way to other aspirants for the sake
      572 words
  • Page 15 Advertisements
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      155 15 i A r -trrvg**- jl '4.* i I <» i a bigger audience in AEROSmVCE'92 WWSTTWIWIFITtfM ASIAN AEROSPACE is considered MjMflilMMlifcdliMMM one of the worlds most important air shews. Three of our newspapers will be publishing a m. r«j »i rm special feature in conjunction with this great Ute Straitelnnes
      155 words
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      Page 15 Advertisements Column 2
      10 15 i W 0 J *I^m i i >.■«. o j vm
      10 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      105 16 '<*&£&&&&?£&* w,. s fe "#>l itWi J i l ■*»■€-*-iz**. A |ii,! f ,f; o U. -c"~ :i -4 1 wrnm* finer things in life y V arc within Your grasp its onh' natural r < to reach for y a Ctlcnfkkiich. t v x v ,S*® GlenfiiW l! iMr
      105 words
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  • SPORTS
    • Article, Illustration
      Lock icon Seles to take on Fernandez in final
      606 17 Australian Open AP MELBOURNE Mary Joe Fernandez looked back on her last match against Gabriels Sabatini and did not tike what she saw. Feyhandez had won only five games against an aggressive Sabatini in the semi-fi-nals of the New South Wales Open two
      AP  -  606 words
    • Article
      Lock icon Defiant wins yet again
      242 17 Reuter SAN DIEGO, California Dennis Conner's Stars and Stripes was beaten for a third time in three tries by the America 3 syndicate's boat Defiant on Wednesday in the seventh and best race of firstround America's Cup defenders' competition. Kelp may have lost Conner the race
      Reuter  -  242 words
    • SIDE LINES
      • Article
        MU at top of English soccer standings
        94 17 MANCHESTER, England Mark Hughes pounced onto an centre from Neil Webb three minutes after half-time to shooK Manchester United to the top of the English soccer standings on Wednesday with a 1-0 triumph over Aston Villa. ViiUj| frustrated the Manchester team with solid
        94 words
      • Article
        UK's black athletes join boycott
        61 17 LONDON Three of Britain's top black athletes joine#» captain Linford Christie on Wednesday when they said they would not run in athletics matches against South Africa. Derek Redmond. Tony Jarrett and John Regis, all Tokyo,, relay world championship medallists, said they would boycott the proposed
        61 words
      • Article
        All together again
        68 17 RENO, Nevada Former champions Greg Haugen and Ravffi Mancini, who share the belief they beat Hector Camacho close losses here, will share the boxing ring on April 3 in a 12-round outing, the fighters said on Wednesday. "The last time I was here, I felt I got
        68 words
      • Article
        Kronberger's task
        120 17 MILAN Pctra Kronberger is the only woman to have won gold medals in all five World Cup downhill events. Now she is expected to do it all again, this time in the Olympics. But the 22-year-old two-time World Cup overall champion is aware of the thin line between
        120 words
      • Article
        Quayle keeps up
        78 17 SCOTTSDALE, Arizona US Vice-President Dan Quayle surprised a Phoenix Open crowd on Wednesday, playingfci stroke for stroke with PGA Tour veteran Peter Jacobsen in aT U557,500 pro-am event. "I'm trying to match Dan Quayle. can't believe this," Jacobsen joked on the second hole after \mm and Quayle
        78 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      36 17 Ik IP nV- i|> ttt j£ s^v k imfiT^ftttf^ CHARGE. —-g| ||K|" The New 940 Turbo. Pure Volvo. With Wings. SBBn^Hl^^r SM Motors 5 Leng Kee Road. Tel: 473 1488/474 4740 VOLVO r. r c Ps
      36 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      796 18 Nothing Beats A Bud. where to wine, dine '/Vt* i J m W r .*tfC2^Hß SHK/VEb ■k— Sweet TeMpUtioas of lovely pastries and refreshing desserts, coupled with a cup of coffee or tea, make a perfect accompaniment for an afternoon tete-a-tete. From 3-5.30pm daily at Adult: £8.50++ child: #«.oo*+ Plaza
      796 words
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      Page 18 Advertisements Column 2
      184 18 WE'VE JUST BRED A NEW WINNER at The Stables flj wWF The Businessmen's Derby Lunch Cfff' A delectable choice of appetisers and soup followed closely by your pick from five delightful main dishes and a selection of desserts Finish k» with coffee or tea. Only $28.00+ Closed for lunch on
      184 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      642 18 TELEVISION AND RADIO w. wcwnno rhp Pnpp ***** 8808 BUSWESBOWBAPI J ft HIV A ilvv 1.30 JMCHH(L) 5.40 PM Wa At* k Family (C). IM N .v.. ».VW «»«IJ *r 8.30 Close. 6.25 Nours(T). 800 p 7.05 am, 1.30pm, 5.05pm, 1.05 am: ■VITIMJIMmB iM m »od Programme §.45 OmPImOm(C). V"
      642 words
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  • LIFESTYLE
    • Article, Illustration
      Moving pictures
      874 19  -  Kilimanjaro to Mandai isn't a long way for Malaysian wildlife artist Chew Choon, reports Nirmal Ghosh Nirmal Ghosh A BENCH at the Singapore Zoo is a bit different from a tree stump in Amboseli with the first rays of the sun lighting up Kilimanjaro. But if you come
      874 words
    • Article, Illustration
      Lock icon Out of the closet
      418 19 Discreet revolution takes place in British bathrooms NYT THE term water closet may sound like a quaint euphemism, but over the years it has also come to be a pretty fair description of the typical British bathroom. As often as not, it is a cramped, airless
      NYT  -  418 words
    • Article
      Peruvian First Lady willing to run for mayor
      539 19 cHAraiaax POLITICS in Peru could become a family affair for the Fujimoris. First Lady Susans Fujimori said she's willing to run for mayor of the capital and analysts say she would be tough to beat. "If they need me, I will be
      539 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      196 19 AND ENTERTAIN 1 Ra Shai Mage For the fresh and flavourful taste of Japanese haute cuisine only at Unkai Japanese Restaurant. Lunch 12 noon to 2.15 pm Dinner 6.30 to 10.15 pm. A ANAHora For reservations, SINGAPORE please call 732-1222 ext 1589. ,e vm It's an all-American Sunday Jazz Brunch
      196 words
    • Advertisement
      Page 19 Advertisements Column 2
      113 19 Hffi r Far awry Mag all**, a tan* war* $48.00 wmmbm. P T > MAPLE LEAF Sze-Chuan Restaurant 1 flb|) 380 Victoria Street #01-01/08 -J Golden Landmark Shopping Centre(RsMo «JE PIANO LOUNGE KTV MWMM KTV 13 elegant. cosy partitioned rooms songs in Singapore Minting you our ind^roup, kxi nightly i
      113 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Profit-taking takes share prices off day's highs
      4031 20  -  By Lilian Ang BLUE CHIPS yesterday eked out gains in a market characterised by caution and moderate trading. The interest in the heavyweights spurred a rise in the benchmark Straits Times Industrials Index, which ended 4.42 points higher at 1,545.72. In contrast, the
      4,031 words
    • Article, Illustration
      Lock icon HOT STOCK
      74 20  -  i By I Chew Eng Han Comment THE STOCK has built a strong base at the 90-cent region over the last six months and now looks ready to start a more sustainable rally. Initial upside target is at $1.08-1.10, followed by $1.20 which is at the long-term resistance
      SOURCE: PONT DATA  -  74 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3015 21 Inchcape 545 20 3.8% SIA Foreign 1990 20 +1.0% Singmannc 50* 545 20 3.8% B Sembawang 585 +15 +2.6% CAC 680 +15 >2.3% Roth Inds 50* 790 +15 +1.9% DBS Foreign 1340 +10 +0.8% Orchard Parade 450 +10 2.3% Semb Shipyard 845 +10 +1.2% Metro
    3,015 words
  • Page 21 Advertisements
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3338 22 Roth mans M 50* 845 +15 +1.8% Uniphone Tel 202 +12 +6.3% MAS 422 +10 2 4% Ksso 50* 394 +4 +1.0% Perlis Plant 470 4 +0.9% Sime Darby 50* 257 4 +1.6% Alcorn 163 +3 +1.9% KL Kepong 249 +3 +1.2% Berjava Group 76
    3,338 words
  • Page 22 Advertisements
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Profit-taking leads to easier close for prices
      4974 23 Shares consolidate after last week's surge Bernama PROFIT liquidation by retailers took share prices here to an easier close yesterday in selective trading. The KLSE Composite Index at the close eased 0.63 of a point to 571.64. The all-share Emas Index slipped 0.01
      Bernama  -  4,974 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      227 24 Company Date Year Group Net Not earnings Gross ann to profit/loss (L) per share dividend COOO) (cents) Goodwood Park Jan 10 Sep 91 $22.137($21.216) 492(47 1) 80(50) HMsia Jan 10 Sep 91 $429($1 886) 26(11 4) 15(20) SPH Dec 24 Aug 91 $*****2($133.374 62 6(54 3) 25(30) Ind
      227 words
    • Article
      DIVIDENDS ANNOUNCED
      438 24 Current El Books Date Total tor Total tor payment data dose payable ttoe year last year AMFPT mit) Feb 7 Fed 21 Feb 28 7 7* 5 75* Am Pacific 18VI Ian 9 Jan 21 Ian 29 28*N 26 IN Awno 20c 125VE Mar 3 Mar 13 May
      438 words
    • Article
      PRELIMINARY RESULTS
      141 24 Company Oat* Yoar Croup pro-tax Mot earnings Gross ana to profit/toss (L) por share dividend COOO) (coats) NST Jan 16 Aug 91 M$82.007($80.274) 30 9(33) 20(10) KL Kepong Dec 27 Sep 91 M$85 468 ($84,804) 15 3(14 8) 15(15) Pacific Can Oec 24 Sep 91 $138($1.387l) 0.2(—) Van
      141 words
    • Article
      PROPOSED ISSUES
      501 24 Company Date HaH-yaar Croa* pre-tax Intarim ann to profit/toss (L) dhrida«d COOO) Centrepoint Jan 23 Die 91 J10.063($9,940) 2.9(2.9) St Tyres Jan 21 Oct 91 $2.174(J1.791) Pegi Msia Jan 15 Sep 91 MS76(S3.212) PoJyteK Dec 31 Sep 91 W89L($1,9M) Sateras Res Dec 31 Sep 91 M$2.023($462L) FACB Dec
      501 words
    • Article
      CORPORATE DEVELOPMENTS
      248 24 Jan 22 Juroni Shipyard has been engaged by two major shipping companies, Mobil Shipping Transportation Co and A P Moller/Maersk. for the routine repair and overhaul of their ships this year. The Sembawang Shipyard group is gearing up for a new thrust into south China's marine engineering and
      248 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      2203 24 Trans Registered Substantial Buy/ He. of Amount Shareholding Stock Date Holder Shareholder/Director Soil shares Before After DBS Land 15/01/92 Street Names Temasek Hldgs (P) Ltd *B 500.000 1.262.005 500 305.672.000 47 21 306 172.000 47 29 DBS Foreign 15/01/92 Street Names Temasek Hides (P) Ltd *B 19.000
      2,203 words
    • Article
      RESULTS DUE
      526 24 Main Board Last Fii* Year Company Penod Date Year Net EPS Grots Not nwad endhf (cants) 4v profc test year (TOO) EMS Fort Nov 6 Jul 91 30TE 17 8781 Khonc Goon Interim JM 31 Apr 92 4 0 619.2181 6 Secirtwi F.nal Feb 6 Dec 91 3.1
      526 words
    • Article
      COMPANY MEETINGS
      252 24 fines Pubfetaf Ltd: AGM at The Oriental Ballroom N. Ist Floor, The Oriental. 5 Raffles Ave, Marina Square. Singapore 0103 on Friday, Jan 24, at 11am General Corporation Bhd: EGM at Parkroyal I. 2nd Floor. Parkroyal Kuala Lumpur. Jalan Sultan Ismail, ***** Kuala Lumpur on Saturday, Jan 25,
      252 words
    • Article
      SCRIPLESS CONVERSION
      34 24 Conversion Special Trdg Scripless Conversion deadline Period Trading Compan) starts (IDP) (ST) starts Jacks Int Jan 29 Feb 20 Jan 29 Feb 20 Feb 21 SPH NY A Times Pub NY A
      34 words
    • Article
      RECORD HIGHS & LOWS
      226 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 Mi 1293 83 23/1/92) 1»2 1545.72 23/1/92) 1992 tow: 1232 84 2/1/92) J»2 tow 1479.35 (2/1/92) 1991 Wi 1333.08 (3/6/91) 1»1 1565 58 (3/6/91) 1991 tar 1022 52 (16/1/91) 1991 tow; 1149 08 (16/1/91) WN* 1435 43 (16/7/90) 1990 N*
      226 words
    • Article
      APPROVED ISSUES
      190 24 Company Rights Issue Asa Px Land Four for-seven <„ MJO 50 per share Ei-date Jan 3 Books close Ian 17 Acceptance Payment Mar 5 City Dev Renounceable rights issue on the basis of one-tor ten (n $2 85 per share Ei-date Dec 9 Books close Dec 19 Acceptance
      190 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      364 24 In local chit In SS In US$ S d> S yr dy yr dy yr Jin 22 Index chge chge chge chge chge chge World 405.6 0.7 13.3 0.7 7.3 0.7 14.3 ♦EAFE 4937.4 0.8 5.8 1.2 1.4 1.2 8.0 Europe 427.8 -0.6 17.4 -0.1
      364 words
    • Article
      PROPOSED ISSUES
      520 24 Company Rights Issue Munct Tedi Onefor-one SI 00 per share Bortor issue of 190 978m nominal amount of 35*o Redeemable Unsecured Guaranteed Bonds 1991'96 with 45 489m detachable warrants on the basis of S2 nominal amount of Bonds for every three eiistmg shares he« Every $2 nominal amount
      520 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Property, finance stocks draw heavy trading
      2239 25 PROPERTY and finance issues yesterday drew heavy trading in the stock market, which ended with prices mixed and turnover very high, brokers said. The SET index ended 7.55 points higher at 780.26 on a turnover of 10.89 billion baht, 2.3 billion baht above Wednesday's
      SOURCE: PONT DATA  -  2,239 words
  • Article
    JAKARTA STOCK EXCHANGE
    1100 25 Price Chaaae Citra Tubindo ***** 9100 Pudjiadi Son E 2750 +1550 Sepatu Bat a 4000 950 Merck INd 6000 350 Indorama Synthe 8200 200 Branta Mulia 3700 200 Indocement 9000 200 United Traktor ***** 200 Kalbe Farma 8500 200 PriceS Chge CitraTubindo *****+95.79 Sepatu Bata 4000 31.15
    1,100 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      9 25 Don't miss Executive Jobs in Business Times every Saturday
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      Page 25 Advertisements Column 2
      36 25 The market report for Jakarta was not available. On the scoreboard (based on stocks listed in BTX 44 counters rose, 21 feU and 28 were traded unchanged. Managers Matt Manage BT shows you how every Monday.
      36 words
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      Page 25 Advertisements Column 3
      380 25 BUSINESS TIMES Toll free 1M No 737-0043 Fax No: 734 3008 M THE MATTER OF THE COMPAMES ACT, CAP. 10 AND M THE MATTER OF AMWORK TURBINE BMQAPORE PTE LTD. NOTICE OF RESOLUTIONS At an Ejdnwdhwy Qmnl Matting of fta mambara of fta twi wrod Company duly oonMncd and haW
      380 words
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      Page 25 Advertisements Column 4
      81 25 FORM 09(3) NOTICE OF INTENOED DIVIDEND M—OtCIWM") G-Ster Pte Ud (m Creditors' Voluntary Liquidation) AMonomafMaraOOMa* 9Penang Rood #12-00 Park MM Singapore 0923 Court NeeflMtor Nr WiiiMiiq Pwofc 14 Februory W2 Maos ol UqeMeler Mr EMn Khoo Tion Soo MOm 9 Peneng Rood #12-00 Part Man Singapore 0023 READ C H
      81 words
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      Page 25 Advertisements Column 5
      356 25 THE COMPANIES ACT CHAPTER 50 Section 290(2Mt» NOTICE OF RESOLUTION e S. CHEW fSMEX TRADER) PTE LTD (m Members Voluntary Uqudobon) Ai an Exeaonftnery Genaral Musi ig oie S Chow (Sanaa T radar) P» Ltd held al 106 Br added Hat e 1419. Sngepore 2057 on 20to day of January
      356 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices firmer in volatile trade
      2613 26 Reuter STOCKS stretched gains to a second day to close slightly firmer in volatile trade yesterday. Continued bargainhunting and expectations of easier credit buoyed prices, but profit-taking and institutional caution helped pull the Nikkei off the day's highs, brokers said. "It's encouraging to see the
      Reuter  -  2,613 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Hang Seng Index finishes at record high
      2611 26 SHARES soared to a record close yesterday on a report that counter-revolutionary charges against the former Chinese Premier Zhao Ziyang had been dropped, brokers said. An official Chinese denial came after the market closed. The 32.42-point rise of the Dow Jones Industrial Average
      2,611 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article
      Lock icon Prices retreat from sharp gains to close below highs
      2390 27 Reuter OFFSHORE institutional and some domestic selling caused the share market to retreat from sharp gains to close slightly higher yesterday. Brokers reported mixed trade. One said local institutions were net buyers while others said some local investors had taken profits
      Reuter  -  2,390 words
  • REGIONAL STOCK MARKETS
    • Seoul stocks soar on improved liquidity
      • Article
        SEOUL
        869 27 STOCKS surged on increased liquidity yesterday as a result of easing interest rates to end the day up 21.19 points at 667.47, brokers said. "Investors seeking a place for their money poured it into the stock market," said Dongsuh Securities broker Chung Chang-shik. Turnover hit 631 billion won from
        869 words
      • Article
        TAIPEI
        452 27 A TECHNICAL correction pulled share prices down to finish lower, reversing gains at the opening, and brokers said the index could consolidate. The weighted index finished at 5,122.01 or 9.41 points lower. Turnover was NT554.5 billion against NT562.89 billion. Only financials rose slightly. Brokers said there was moderate profittaking
        452 words
      • Article
        Untitled
        413 27 Manila Jan 23 Peso +/-Vol (000) A.Soriano Corp 1.460 -.020 1105 Abra Mining Corp 009 Alcorn Pet 026 -.001 *****0 Alcorn Pet.-B 028 unch *****0 Anglo Phil-Oil A 007 Ape* Mining A .006 Apex Mining B .004 Atlas Cons A 15.000 .750 3 Atlas Cons B 16 500 unch 1
        413 words
      • Article
        Lock icon NEW ZEALAND
        355 27 Reuter SHARES yesterday broke a four-day losing streak but only just, as a promising open degenerated amid limited investor interest and light volume. Most blue chips ended marginally firmer, but at the bottom of thin ranges and brokers expect continued featureless trade. "There was quite a lot of
        Reuter  -  355 words
      • Article
        INDICES & TURNOVER
        53 27 INDICES TURNOVER Chat Previa* NEW ZEALAND J 23 NZSE-40 Captu] 1.476.16 1.472.58 3.51 Turnover (NZSmillion) unav 34 15 MAMLA Composite Index unav 1.281.31 Turnover (billion) unav 1.7 TAIPEI Weighted Pnce Index 5.122.01 5.131.42 -941 Turnover (NTS billion) 54.5 62.89 -8.39 SEOUL Composite Stock Index 667.47 646.28 +21.19 Turnover (billion won)
        53 words
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  • WORLD STOCK MARKETS
    • Dow up 32 points after falling two days
      • Article, Illustration
        NEW YORK
        1628 28 STOCK, prices on the New York Stock Exctumge posted crisp gains in active trading on Wednesday as investor confidence returned after two days of losses. With low interest rates continuing to be a driving force, the Dow Jones Industrial Average climbed 32.42 points, to 3,255.81. The surge appeared
        1,628 words
      • Article, Illustration
        LONDON
        680 28 SHARE prices closed lower on London's Stock Exchange on Wednesday, undermined by the uncertain British economic outlook. A weak start on Wall Street further unsettled trading, dealers said. At the close, the Financial TimesStock Exchange 100-share index was down 21.4 points, or 0.8 per cent, at 2,522.0. The Financial
        680 words
      • Article
        FRANKFURT
        204 28 THE stock market closed Wednesday with the DAX spot share index down 0.31 per cent on the day to end at 1,680.10 points, while the Commerzbank index was down 0.29 points to 1,937.80. Dealers said this slight fall had to be seen against the rises of the last 10
        204 words
      • Article
        ZURICH
        310 28 SHARES closed mixed in active trade on Wednesday, with banks and insurers attracting buying interest, while industrials and chemicals consolidated recent gains, brokers said. The all-share SPI index was up 0.8 points at 1,111.2 after see-sawing between a high of 1,113.9 and 1,109.6. The SMI index of leading shares
        310 words
      • Article
        STOCKHOLM
        198 28 PRICES on the bourse closed broadly weaker on Wednesday for the second day running due to profit-taking after strong advances in reaction to declines on Wall Street, dealers said. The bourse general index fell 0.4 per cent to 966.52 in turnover of 456 million crowns. Blue chips lost 0.77
        198 words
      • Article
        BRUSSELS
        372 28 SHARES dosed half a per cent lower on Wednesday in heavy trading in reaction to strong gains in the previous days. The Bel-20 index of leading shares closed 4.84 points or 0.41 per cent lower at 1,176.84 points on hefty volume of 1.2 billion francs worth of Belgian shares
        372 words
      • Article
        JOHANNESBURG
        431 28 THE stock market lost a bit more ground on Wednesday in cautious trading as investors awaited fresh leads. Dealers said perceptions that blue-chip shares may be top-heavy following last week's surge, together with recent news of two large rights issues planned by mining house Gencor and petrochemical group Sasol
        431 words
      • Article
        TORONTO
        283 28 STOCKS rebounded from morning weakness and climbed to close moderately firmer, dealers said. Three previous consecutive sessions of weakness had driven stocks down about 45 points or 1.2 per cent. "Despite all the doom and gloom, people are starting to bet the recovery will take place," said Lyte Stein,
        283 words
      • Article
        INDICES & TURNOVER
        244 28 INDICES TURNOVER NEW YORK Claac Prn>— Jan 22 Dow Jones SAP 300 Turnover (million) 3,255J1 418.13 221.1 3.223.39 +32.42 412.64 +5.49 218.8 +9.3 LONDON Financial Times 30 FTSE 100 Turnover (million) 1,960.9 2,522.0 515.6 1,974.1 2,543.4 619.4 •13.2 •21.4 •103.8 FRANKFURT DAX Index 1,680.10 1,685.29 -5.19 AMSTERDAM EOE Index unav
        244 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon US dollar little changed in late Asian trading
      1160 29 REPORTS Reuter ASIA "Win Tokyo: The dollar was little changed from Wednesday's New York closing levels in late Asian trade yesterday, with many operators sidelined ahead of the Group of Seven (G7) meeting in New York this weekend, dealers said. "The 123-yen
      Reuter  -  1,160 words
    • Article
      INTERBANK FOREX RATES
      381 29 Cross rates Jan 23 I USS SS MS Dm Yen SFr AS NZS USS 1.6330 2.6770 1.5910 123.30 0.5543 1.4095 1.3280 1.8467 SS 0.6124 1.6393 0.9743 75.5052 0.3395 0.8631 0.8132 1.1309 MS 0.3736 0.61 0.5943 46.0590 0.2071 0.5265 0.4961 0.6898 Dm 0.6285 1.0264 1.6826 77.50 0.3484 0.8859
      381 words
    • Article
      MONEY MARKET
      548 29 Interbank rates ss Bid Offer Overnight 3 1/4 3 3/8 1-month 3 t/16 3 3/16 2-month 3 1/16 3 3/16 3-month 3 1/16 3 3/16 Overnight mode: 3-5/16 L'SS Bid Offer 7 days 4 1/16 4 3/16 1 month 4 1/16 4 3/16 2 months 4 1/16 4
      548 words
    • Article, Illustration
      Lock icon Ringgit likely to rise further against US$
      344 29 Reuter KUALA LUMPUR The Malaysian ringgit, which yesterday hit a 33-month high against the dollar, is expected to rise further against the weak US currency, aided by higher local interest rates, dealers said. "Demand for ringgit is very strong and we expect the
      Reuter; Source: Pont Data  -  344 words
    • Article
      Lock icon ECU bond gets strong demand
      305 29 Reuter PARIS The path-breaking 30-year ECU-denominated tap stock (OAT) launched by the French Treasury on Wednesday met strong demand abroad and in France, syndicate managers said. The 1.5 billion ECU line, the first sovereign ECU bond at such a long maturity, was quoted at 98.77/92
      Reuter  -  305 words
    • Article
      FINANCIAL FUTURES
      1093 29 SIMEX EUWOOOOAH Open High Low Sett Est Vol Op/lnt Vol Mar 92 95.86 95.87 95.84 95.85 4189 ***** 3289 Jun 92 95.69 95.69 95.66 95.67 4500 ***** 3883 Sep 92 95.37 95.37 95.34 95.35 3500 8705 2950 Dec 92 94.78 94.78 94.75 94.77 1525 4422 910 Mar 93
      1,093 words
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  • COMMODITIES
    • Article
      Lock icon Inro sets up group to review buffer stock operation
      339 30 AFP KUALA LUMPUR The International Natural Rubber Organisation (Inro) on Wednesday announced the establishment of an ad-hoc group to recommend a more effective buffer stock operation to stem declining rubber prices. Ahmad Farouk Ishak, spokesman for Inro's producing nations, said the
      AFP  -  339 words
    • Article
      Lock icon Prices of cocoa beans will rise gradually: dealer
      326 30 Reuter LONDON Cocoa bean prices are set to rise gradually in the next few years as world crops fail to keep pace with consumption, boosting hard currency earnings of poor Third World producing nations. But chocolate lovers have little to fear the
      Reuter  -  326 words
    • Article
      Lock icon S'pore rubber ends lower on Inro disappointment
      793 30 REPORTS Reuter RUBBER prices fell across the board in moderate trading yesterday following disappointment over the outcome of the two-day Inro council meeting, which ended on Wednesday, dealers said. RSS-1 prices fell throughout the day as players liquidated long positions after the Inro
      Reuter  -  793 words
  • Article
    PRICES
    1431 30 Rubber Jan 23 MS (fob ia bates) S cent v kg Noon Close Int 1 RSS Prompt 129.00/130 (JON 128.00/I29.00N Int 1 RSS Feb 92 129.50/130.00 128.50/129.00 Int 1 RSS Mar 131.00/131.50 130.00/130.50 Int 2 RSS OP 128.00/129.00N 127.50/128 SON Int 3 RSS OP 125.00/I26.00N 124.*****.50N Int 4 RSS
    1,431 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1350 30 __J*_U_S_l_N ESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3698 IN TIIE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CON PRESS (SINGAPORE) PTE LTD (In Member's Voluntary Liquidation) NOTICE OF RESOLUTIONS Pursuant to Section 290<2>(b) At an Extraordinary General Meeting of the
      1,350 words
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      Page 30 Advertisements Column 2
      7 30 Enterprise Management in Business Times every Monday
      7 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1262 31 C*» FlgM ETA FVgM no Mi Dhatt GA890 2205 MattM* QF81 2010 QF82 WESEMl Dmmm RJ182 1440 RJ183 2320 ft—twiii KL837 1340 SQ24 0115 SQ23 1815 KL838 2325 Attorns SQ36 2230 Aacidaad NZ35 1530 SQ285 2130 SQ286 2035 NZ36 2305 8A12 2155 GA524 0920 Bandar Sari
    1,262 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Oil and tourism don't mix
      674 31  -  LETTER FROM THE RED SEA By John West THE HOTELS are going up and the oil-rigs are keeping away from Egypt's rugged Red Sea coast, and that's the way it will stay, say tourism officials. "The Red Sea is the future of tourism in Egypt,"
      674 words
    • Article
      MONEY CHANGER RATES
      153 31 As at 3pm yesterday: I vocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2240 1.2407 Canadian dollar 1.3985 1.4267 NZ dollar 0.8744 0.9100 Sterling pound 2.9325 2.9725 US dollar 1.6280 1.6360 I>oaU dollars to 100 units of foreign currency Austrian schilling 14.40
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      76 31 Duration Title Venue Organiser Td Duration Title Venue Organiser Tel Feb 22-27 International Stuttgart. Messe Stuttgart (49)*****89 Mar 1-4 1st World Gems A Hongkong Headway Trade 852-*****64 1992 Trade Fair for Ciermanv International 1992 Jewelry Fair Exhibition Fairs Ud (fax) the Hotel. Centre Catering and Confectionary Trades
      76 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      45 31 It's amazing the lengths Finnair goes to tor just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price Check with your travel agent or call *****77 for more details. Wa Know Europe from Mart to Rnniih.
      45 words
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      Page 31 Advertisements Column 2
      8 31 Advertising and Marketing every Thursday in Business Times.
      8 words
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      Page 31 Advertisements Column 3
      347 31 BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3608 One (1) unit shallow draft Anchor Handling Tugboat with the minimum specifications as below 1000 hp Minimum 2.20 intr Maximum Draft l.HOmtr Minimum Operating Drall 20 TONS Pull Anchor Handling Winch (llass ABS ♦AI |K| AMS Or KqiiivaW-nt
      347 words
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      Page 31 Advertisements Column 4
      195 31 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF AVERIANA INVESTMENT PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act. Cap 50. that a Final Meeting of the Members of the abovenamed
      195 words
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      Page 31 Advertisements Column 5
      360 31 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I There** Maria Ng Siew Keow of 39-A Kinta Road, Singapore 0821, have applied for a Second Class Public House licence in respect of premises at M/s Korean Inn at 32 Middle Road, Singapore 0718, and that this application will be heard
      360 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      266 31 5 Money going in rent, all iBLJItZjBi 9 Egghead joining rat possibly being caustic (7) 10 I j 10 An assault on group (5) 11 Badly made crate will be wasted (9) H viewer too (8) HflH Hi" 15 I 14 Observe the 17 A little pebbly beach is HLJIHL——
      266 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      165 31 Singapore Outlook: Windy with showers over several areas in the afternoon. Report: Maximum temperature 30.7 Assoc humidity 63% Minimum temperature 25.0 Assoc humidity 87% Hours of sunshine 3.80 Rainfall in mm Trace Rainfall this month 70.1 Rainy days this month 7 World forecast Asia-Pacific Hi/Ijo* C'ond. Auckland 24/13 Gear Bangkok
      165 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      33 31 f PRt OJ€. GOiNGTO DO SORRV— THOUGHT U>£ MR. bRfSTCXO... IX3RK Og NOT ?J I ueße PIAVIHG SQUEAK, TMI3 J) ih\ rCf\ <L?ti HdS^A cP=^ 8596 V J c NEWSPAPERS LTD, IM3-IM2 V_
      33 words
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  • Article
    Lock icon Estonian Cabinet quits over failure to boost economy
    425 32 Move comes amid food and energy shortages Agencies MOSCOW The entire Cabinet of Estonia resigned yesterday after failing to alleviate the newly-independent Baltic nation's severe economic crisis, which has resulted in severe food and energy shortages, news agencies reported. "We have no
    Agencies  -  425 words
  • Article
    Lock icon HK bourse braces for a fall after Zhao rumour denied
    441 32 Reuter HONGKONG Hongkong's stock market is braced for a correction today after Beijing denied a report yesterday that disgraced Chinese Communist Party leader Zhao Ziyang had been exonerated, but dealers said any drop would be slight. Beijing was quick to
    Reuter  -  441 words
  • Article
    Lock icon Algerian govt arrests FIS leader, bans meetings outside mosques
    236 32 Agencies AI.GIKRS The Algerian authorities have arrested the leader of the Islamic Salvation Front (FIS) and eight Algerian journalists whose newspaper printed an advertisement paid for by Islamic fundamentalists. Gatherings outside mosques have also been banned. Abdelkader Hachani, the temporary leader
    Agencies  -  236 words
  • Article
    Lock icon Sumitomo loses emotional battle for LA deal
    386 32 Reuter LOS ANGELES An emotional battle in the trade war between Japan and the United States has ended in a Japanese defeat over a US$l22 million (SSI99 million) contract to build rail cars for a new mass transport system in Los Angeles. Amid
    Reuter  -  386 words
  • Article
    Lock icon No promises on US cars: Tokyo group
    378 32 Reuter TOKYO Japanese car makers' plans to increase purchases of US cars and car parts by 1994/95 were targets, not promises, says the chairman of the Japan Automobile Manufacturers Association. Yutaka Kume, who is also president of Nissan Motor Co Ltd, was referring
    Reuter  -  378 words
  • Article
    Lock icon Gatt chief warns of trade conflict on environment
    256 32 Reuter BANGKOK Gatt chief Arthur Dunkel said on Thursday that domestic environmental standards could lead to friction as trade partners took action to preserve their own environments. Manufacturers of goods with higher environmental costs might complain about their uncompetitiveness and demand import
    Reuter  -  256 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      137 32 The World's Finest Photographic System Nikon Price Specials See SBC Text Ch. 8 Pg. 188 (3 pages) lflt~ A Period Ambience Step into the Paramount Chinese Cuisine Restaurant and you will j| be brought back to the nobility of superb Chinese cuisines. 4fr. Acclaimed as some of the best master
      137 words
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      Page 32 Advertisements Column 2
      10 32 Rich nations face Russian request for USs7b aid fund, Pgll
      10 words
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      Page 32 Advertisements Column 3
      160 32 The World's Finest Photographic System Nikon Price Specials See SBC Text Ch. 8 Pg. 188 (3 pages) The rare perfection of Patek Philippe at The Hour Glass. $.[4 ili r' r J, W af v i m ■fife v Jm should mmQuisite features that hallmark be a relaxed and comfortable
      160 words
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      Page 32 Advertisements Column 4
      20 32 Sumitomo hopes to save deal, Shipping Times Pg 18 Bush tries to reverse poor view of Japan trip, Pg 11
      20 words
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  • Shipping Times
    • Article
      NOL's AEX service lives up to expectations
      353 33  -  By Dexter Lee SINGAPORE Neptune Orient Line has lived up to its boast that its all-water Asia-East Coast Express (AEX) service to New York matches the best transit times offered by mini-landbridge operators via the US west coast. The 2,000-TEU Neptune Agate, which
      353 words
    • Article
      Lock icon Sudan to sell off airline, shipping, telecoms firms
      269 33 Reuter KHARTOUM Sudan is to sell its airline, telecommunications company and shipping lines to local and foreign investors as part of efforts to reform its economy. Industry Minister Taj alSir Mustafa said on Wednesday that the World Bank had agreed to send
      Reuter  -  269 words
    • Article
      Lock icon Nicaraguan airline resumes flights despite unresolved labour dispute
      251 33 Reuter MANAGUA Nicaragua's state-owned airline Aerolineas Nicaraguenses, SA (Aeronica) resumed flights to Miami on Wednesday though a labour dispute that caused a five-day suspension of flights had not been resolved, labour leaders and government officials said. Aeronica workers allowed a rented Boeing
      Reuter  -  251 words
    • Article
      Lock icon Agency wants Air Micronesia deal halted
      203 33 Reuter WASHINGTON The US Pension Benefit Guaranty Corp said on Wednesday that it was seeking an injunction to halt the sale of a joint venture known as Continental/Air Micronesia to Pacific Micronesia Corp. The federal agency, which insures pensions at most major US corporations,
      Reuter  -  203 words
    • Article
      INDEX TO ADVERTISERS
      1207 33 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3-5 A.P.C. Lines 13 5 A cWarehousing 15 5 Arrow Int 9 4 Asian Break-Bulk 16 5 ASXCLShpg 15 2 ASCL
      1,207 words
    • Article
      Lock icon Boeing finally sells de Havilland unit for US$60m
      299 33 Reuter TORONTO Boeing Co finally sold its de Havilland commuter aircraft division on Wednesday, stemming a flood of red ink to keep the company going and ending a year and a half of intense negotiations. "Nearly two years ago we determined that
      Reuter  -  299 words
    • Article
      Lock icon Boeing may pay high penalty for overbilling US military
      376 33 Rcuter SEATTLE A lawyer representing a fired Boeing Co worker said the company could face tens of millions of dollars in penalties if it is found to have overcharged the US military for a top-se-cret facility. A lawsuit filed by the
      Rcuter  -  376 words
    • NEWS SUMMARY
      • Article
        Looking ahead with confidence
        40 33 THINGS are looking up for Mitsubishi Heavy Industries, Japan's biggest shipbuilder and heavy machinery maker. It will be embarking on a four-year business plan that's designed to shield it from the nation's economic downturn Page 2
        40 words
      • Article
        Sumitomo in move to save US rail car deal
        76 33 SUMITOMO Corp of America has offered to bring in a US partner in hopes of saving a US$l22 million (*****.3 million) contract to build commuter rail cars that has been jeopardised by a rising tide of anti-Japanese sentiment. The Los Angeles
        76 words
      • Article
        Holland urged to help over Greenpeace move
        35 33 JAPAN has asked the Netherlands to persuade Greenpeace anti-whaling activists to stop blocking Japanese ships from whaling in Antarctica, an official of Japan's fishery agency said Back Page
        35 words
      • Article
        Honda to recall cars over defective part
        45 33 HONDA Motor Co is recalling 25,055 cars to check for a defective part that could cause oil leaks, and Japanese importers plan repairs to 5,131 vehicles built by US car maker Ford, officials said on Wednesday Back Page
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    • LOG BOOK
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        No plans to ground A-320 after crash
        117 34 PARIS France's civil aviation authority said on Wednesdiy that preliminary analysis of flight recorders recovered frfcim an airliner that crashed in eastern France did not justify grounding other Airbus 320 planes."We do not regard it as justifiable or desirable to take any measures
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      • Article
        Romanian ship at Cape Town
        43 34 LQNDON The Romanian freighter Marasesti is under survey at Cape Town after main engine failure, Lloyd's Shipping Intelligence Service said. The 15,082-dwt vessel, for Iran from Brazil with sugar in bulk, was towed into port on Jan 16.
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      • Article
        New 48-hour port strike in France
        99 34 The French trade union CGT, continuing its fight against a government plan to modernise ports and cut jojbs, said on Wednesday it called a 48-hour dock strike for yesterday and today. French ports have been repeatedly derupted in the past few months by dock
        99 words
      • Article
        Two ships collide on River Elbe
        58 34 LONDON The Liberian-registered refrigerated vessel Ttiton Reefer and the Panama-flag chemical tanker Nordswere in collision on the River Elbe near Brunsbuttel, Lloyd's Shipping Intelligence Service said on Wednesday. Tfce 4,225-dwt Nordstar will be surveyed at Brunsbuttel tojday while the 9,643-dwt Triton Reefer may sail
        58 words
      • Article
        Kukdong Oil may sell 20pc stake
        103 34 SiOUL Kukdong Oil Co Ltd may sell a 20 per cent in itself to an airline and three major oil companies for about 52.4 billion won (S$ 111.8 million), a company spokesman said. He said the company decided to raise its pijid-in capital by
        103 words
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        Mitsui Engrg warrant bond terms
        75 34 LONDON Mitsui Engineering and Shipbuilding Co Ltd has set an exercise price of 528 yen (556.98) a share on its pair priced US$3BO million (*****.78 million) of equity w4rrant eurobonds due Jan 30, 1996, lead manager Nomura'lnternational pic said. Warrant holders can buy 1,178 shares,
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    • Article
      DAILY FREIGHTS
      759 34 PAiNAMAX freight rates on Wednesday were slightly reduced in the Baltic Freight Index as little fresh fixture news was available, dry cargo broken said. frhe overall BFI was down thrfce points at 1,531 and US Giif/Japan back at U5526.25 U5526.36 on Tuesday. put the Atlantic to Pacific route
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    • Article, Illustration
      Lock icon Looking ahead with confidence
      903 34 Things are looking up for Mitsubishi Heavy Industries, Japan's biggest shipbuilder and heavy machinery maker. It will be embarking on a four-year business plan that's designed to shield it from the nation's economic downturn Nihon Keizai Shimbun Mitsubishi Heavy Industries Ltd, Japan's biggest shipbuilder and heavy
      Nihon Keizai Shimbun  -  903 words
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      VERITAS BUNKER QUALITY REPORT
      614 34 Carbon Carbon Jan 16 Density Water Residue Ash Aluminium Sediment Density Water Residue Ash Aluminium Sediment MM MM Exxon Ex*on KG/M*3 V/V M/M M/M PPM method KG/M'3 V/V M/M M/M PPM method ISO/Cimac Krnrts Spec E25 991 1.0 15 0 0 10 30* 0.10* G35 991
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      THE SHIPPING GUIDE
      5967 42 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. Advanced dates are published for a maximum
      5,967 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        424 49 fay No Berth Arrival Departure Vm* Voy No Barth Arrival D«f»artif« Marina Terminal 1 Brajtagi 1 4/92 M02 2401/2300 Junhangcheng 79W J6 2401/0700 2601/0800 Btrr» Bahagia *****2 M04 alongside 23 01/2300 Sea Kittie J4 24.01/0400 2701/0600 Garuda G30 M05 alorss.de 24 01/2300 &nar Central 01 92 J3
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        IN MALAYSIAN PORTS
        232 49 I II PjLwt iowore rOfi Bedh: 1; Barge Kuala StaK III; 2: Bunga Mas; 3; Yao Sheng; 4: Singa Sailor; 5; Equator Emblem; 6; nil. Oifctty: Stolt Condor, Pulau Irian. Bow Princess. Star, Ocean Elite. Due'on Jan 23: Guryev. Global Eos. Dm on Jan 24: Green Sea,
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        CONTAINER SCHEDULE
        937 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookrj/Balance Rritj Sh|> Voy No Etb/Btr Period From To From AC* Oaisy 22A 25/1800 3 24/0700 24/1159 24/1400 _J 4 24/1200 24/1459 24/1700 ACX Violet 38 24/1900 I 23/1500 23/1659 23/1900 Ak<8hum 127S 25/2300 2 23/1700 24/0659 24/0900 4
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    • Article
      Lock icon Japan asks Netherlands for help against Greenpeace
      221 50 Reuter TOKYO Japan has asked the Netherlands to persuade Greenpeace anti-whaling activists to stop blocking Japanese ships from whaling in Antarctica, an official of Japan's fishery agency said on Wednesday. The agcncy made the request late last month to the Dutch government through
      Reuter  -  221 words
    • Article
      Lock icon Sumitomo hopes to save US rail car deal with tie-up offer
      306 50 AP LOS ANGELES Sumitomo Corp of America has offered to bring in a US partner in hopes of saving a US$l22 million (*****.3 million) contract to build commuter rail cars that has been jeopardised by a rising tide of
      AP  -  306 words
    • Article
      Lock icon Honda to recall 25,055 cars, Ford repairs 5,131 cars
      282 50 AP TOKYO Honda Motor Co is recalling 25,055 cars to check for a defective part that could cause oil leaks, and Japanese importers plan repairs to 5,131 vehicles built by US car maker Ford, officials said on Wednesday. In addition to
      AP  -  282 words
    • Article
      Lock icon Suzuki to launch new model
      173 50 Reuter TOKYO Suzuki Motor Corp said it will launch its two-seater open-top Cultus Convertible model on Feb 4 in Japan. The new model is available with five-speed manual transmission or the Suzuki Continuously Variable Transmission system (SCVT), developed with Borg-Warner Automotive Transmission Engine Components Corp
      Reuter  -  173 words
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      23 33 Lints and MrvteM r«pr*s«nt*d by, M#mb«r» of th« Registry «f AccraMai rffgVl) Stafaport National Sh^ For ailvertising enquiries, contact Shipping Times lei 74()-2im/74()-2tm
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      194 33 Some Reasons For THE STRAITS TIMES WEEKLY OVERSEAS EDITION You've posted a manager to head your Tokyo office. The Straits Times Weekly Overseas keeps him posted. For other reasons, send in your subscription now. Making an issue of the major issues Nwnr I|||h||| AIRMAIL SUBSCRIPTION RATES I Cmliy*Wnd t >M
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      39 33 Ydutsoti is studying overseas. And you want him close to home -with news from home. To your principals and business associates overseas, it's assuring that Singapore is great for business. The Straits Times Weekly is like a country report
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      100 33 the FAMOUS Em 224 1833 For more information please refer to P|. 13 Container Schedule 17 Darfy Fretfto 2 Index to Advertisers 1 Shaping Gwde 10,11 St*ps m Port 17 Singapore Tdes 17 Transport Oary 3 Veritas Report 2 Weather and Sea Condrtiom 17 Someone dose has beenivkig in Canada
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      83 34 We have 2nd Hand Disposable Reefer; ]l I Open-lop Containers Cabin Offices I available lor Sale with I I Competitive Rales Offered. I m Interested Parties please I Tel: *****44 CTC Mr. Teo 1 NOTICE On a one-off basis, we have 2000 cu. m. of cargo space available on our
      83 words
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      2464 35 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES *****11 FAX: *****09 \UMw BOOKINGS TEL: *****234 *****58 IEtIHIW TERMINAL/CFS TEL: *****218 220 H DQAAQ H PESAKA JAROINE SHIPPING AGENCIEB SON. BHO. k J PORT KELANG TEL: *****18 FAX: *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 ■OTBHBB Dedicated to Quality
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      1839 35 TRANSPORT DIARY Feb 21-24: Air Traffic Services in the 21st Century 4th Symposium, jointly organised by Civil Aviation Authonty of Singapore, Federal Aviation Administration, USA, Department of Civil Aviation, France and State Institute for Air Navigation. USSR at the Raffles City Convention Centre. For further information please contact Singapore Aviation
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      Page 35 Advertisements Column 3
      1522 35 ■niroaaia NEXT SAILINGS TO HONG KONG AND JAPAN SEALAND MARINER VI2BE ETA SIN 27/1/92 MAYVIEW MAERSK V 9202 ETA SIN 28/1/92 Veeeel Voy ETA I ETO I Feeder by DESTINATIONS World Lynn/ Johanna to TMa iMt Mayview Maarak 9302 I* 28/1 MOO MRS Port ■■■■Ml ■■■■■■■I IHB ■■■■■I CFS 27/1
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      1320 36 ROTTEDAM/ I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE 1 FRANKFURT EXPRESS 60/303 26/1 12/2 14/2 17/2 18/2 .NMfl, KASUGA 1 19/104 30/1 22/2 18/2 17/2 ■fciSAfta DRESDEN EXPRESS 03/304 2/2 19/2 21/2 24/2 25/2 M.tmm—i HONGKONG EXPRESS 05/105 6/2 29/2 25/2 24/2 fi* .~*'grr MONTE ROSA 17/305
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      722 36 BEASPAC SERVICE DKECT SOUTH PACf IC SERVICE SIN NOU SUV PPT U BONTANG 3106 EB 27/01 11/02 13/02 18/02 IMPERIAL 3202 EB 23-28/02 12/03 15/03 20/03 Transit Tim* (13) (16) (22) ALSO ACCEPTING CARGO VIA SUVA 10: LAUTOKA. PAGO PAGO. APIA, NUKUALOFA. P VILA FASTEST SERVICE TO CWLE/POW SIN CLX
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      Page 36 Advertisements Column 3
      1600 36 BUS wnwt di gut un REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOV SM ALG BCL HAM BRE ROT AKT FEL LHA (VM (VIA (VIA ALC) Mil) ROT) SL FREEDOM 146* 27/01 17/02 19/02 22/02 24/02 23/02 25/02 24/02 25/02 NORASIA SUN 9147-3 04/02 25/02 27/02 02/03 03/03 03/03
      1,600 words
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      1840 37 IW W STRAITS SHIPPING PTE LTD ■T' 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa/: *****17 *C*MM SAl$ S«*t B'KOK *AJAH MOOKE VOX Uuara L»b KK 23-24 Iw 25 la« M Jan «GASUS PHOGKSS 7021* 2t-29 JAN 0102 FEB STRAITS STM VO2E Mora. Skan. T.. 30-31
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      Page 37 Advertisements Column 2
      2297 37 < SINGAPORE AGENT: /v||4-/| j fipfp P&O Containers (Singapore Agencies) Pte Ltd i t* JL d 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 ■T W Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 >' r x CR Number: **********0Z EXPORT IMPORT j ll'
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      463 38 I.IIIUIUIII.I'J.I CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE PRE LUNAR NEW YEAR LOADER VSL/VOY S PORE ROAM ADAH HBURG BREMEN ANTWERP MAT ARAM 31W8 21/2 24/3 29/3 2/4 5/4 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject to Inducement. Also accepting cargo to Catablanca, Port Said, Port Alexandria,
      463 words
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      Page 38 Advertisements Column 2
      1344 38 HANJIN SHIPPING FOR ¥SL ISm LINE HAUL LGB OAK FDD ¥Sl SM lUK HMA SAV 1M NYC HANJIN LONGBEACH 03CE 25/1 OKECT 16/? 19/2 FISHGUARD BAY 202N 27/1 M PROSPERITY 020E 5/3 C/ 3 1/3 HANJIN ROTTERDAM 017E 3/2 UKCT 24/2 27/2 HMUN CHEAJ 07K 3/2 N. KOBE 035 C
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      Page 38 Advertisements Column 3
      1234 38 fi h -TrH htm Im vf *6 «sc uc w mi osx nct sic tto uu c« bm ktc ih» mm km nr mc no cm wi w t n I*2 JVI 15/2 Wl a/2 11/3 13/3 M/J »/J a/J a/J 27/3 14/4 7/« 17/4 21/4 23/4 I t GL«T
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      1894 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) ,4 BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 ZjjSjjjjß AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 EZE nepline son bhd
      1,894 words
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      Page 39 Advertisements Column 2
      974 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL- 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUHD—OBCHMQMG WPHOUP-LOODW6 TIMSMTH) W MTTOPMII msm.i ww |wa mm ww |wa lit In lint
      974 words
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      1643 40 KT W* f f AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W W WT* TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 i I l\l M MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD I Mi Mmdt JL JL MmJi TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI
      1,643 words
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      1235 40 PHILI-ORICNT UNCS PTC LTD 4% V 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: **********8769/*****00 Telex: RS ***** FAX: *****76/*****38 03® BY AIR, LAND OR SEA.... jffiV WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRAUAAtCW 7WAI AND/SOUTH PACIFIC FCL/LCL Sof¥9O£ 30 JAN SYDNEY.
      1,235 words
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      1065 41 PACIFIC INTERNATIONAL LINES (PTE) LTD SBBII Hfl ll Building, 140 Cecii Street HO3OO. Singapore 0106. J CR NO: **********QE (JAKARTA J fiANSKOK 1 VESSEL VOY *m JKT SIN SUNGA TERATAJ 043 20/1 30/1 2/2 PeTT nnl 2/] KOeM 0,1 /1 31/1 4/2 2/1 31/1 3/2 EOUATOR MAS MM 20/1 SI/1
      1,065 words
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      Page 41 Advertisements Column 2
      1277 41 EacßenV F CLASS CONTAINER TRANSPORT FEEDER VESSEL PENANG P KELANG OCEAN VSI/VOY SIN SOU (1) I RTM (2) HAM (3) GOT (4) ANSON/TBN 24/1 25/1 BENARTY 2032 28/1 14/2 16/2 17/2 19/2 ANSON/TBN 31/1 1/2 ALSIA 2042 4/2 21/2 23/2 24/2 2675"" ANSON/TBN 7/2 8/2 BEN A VON 2052 11/2
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      Page 41 Advertisements Column 3
      505 41 mm. MYANMA \DBk FIVE STAR UNE 1 (Myanmar National Lint) Loading for Yangon (Rangoon) S'nt« Pi"e p™ p "f am mj« ti/n jm mm mm m/i na MM A/IS h* NAM MIM U/U U Nffll THE BANK LINE lAwvteeel Andrew Weir SNpphig) VT SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY I
      505 words
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      580 42 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST M RO-RO A HEAVY LIFTS IN BOUND VESSELS m R ik u MM till ii is/i i»/i M.UEMI M H/t 11/1 J It 31/1 1/1 ASEAN TUMI tS V J OtfTBOIHID VESSELS LOADWC FOB SEM/NAC/TOK/NAHA SEKI NAGOYA V 74 ETA KUC 15/1 T.MANI IC/1 SIN
      580 words
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      Page 42 Advertisements Column 2
      79 42 \REGuS^roWEWnONALSERWB/ I S pore P.Kelang Loading for I ■KO 28/1 Rdm Atw /UK Nantes /Valencia ■H. OLDEICORFF 7/2 12/2 Barcelona/Übao/Atw/UK I NORMAN MAMNER 12/2 18/2 Rdm/Atw/UK/Nantes [Spore Loading for I GLOBAL STAR 30/1 Jeddah/Aqaba I SAMM BLONDE 1/2 Dubai/Dammam I I r S'pore Loading for PAN LBERTY Los Angeles/New Orleans/
      79 words
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      Page 42 Advertisements Column 3
      81 42 j k ki>] iy»i j [i] BEUING CHANGCHUN CHANGSH/^*(|f^CHENGDU CHONGQING FUZHOU GUILIN HARBIN KUMMING NANNING QUANZHOU SHEKOU SHENYANG SHENZHEN WUHAN XIAMENXIAN ZHENGZHOU SHHSOfLO /SHENZHIN SHIPPING Ofi***" Tel: 227 4788 Fax: 227 2Q83 IBS! EURQPE/S.E.A. BREAKBULK SERVICE VESSEL PWBL KIUKIANG CAREER IiMUDEN 10-14/1 ANTWERP 16-19/1 TO PORT KEIANG, SINGAPORE KAOHSRJNG AND
      81 words
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      1029 43 NEDLLOYD GIVES YOU DUBAI DIRECT «SS£l Jkt fig fw *Bkk Sn STwyi Auckland Fiji(A) Nf»»moott(*) Timani lyttcfton(B) (Xmdn(B) Napwr Wofefton(C) Tauranfi FEEDER VESSEL P KLAHQ PENANG OCEAN VESSEL SIN LE HAVRE(I) R'DAM(I) H'BURG(2) BtIAVEN F'STOWE S MAMPTON C BURG N RoChester/2101Sfa, 25/1 27/1 26/1 26/1 29/1 M/ 2 1/3 16/2
      1,029 words
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      762 44 TO AUSTRALIA/NEW ZEALAND fs« Fr«m |«M> Syd Audi NPf |P CHAIN AHmRPBI ?»5 ~i75 1/2 14/2 11/2 24/2 M/ 2 MARTHA I2M 2t/2 5/J 10/3 13/3 l»/3 21/3 EIIEN HUOK 217 12/3 19/3 24/3 27/3 2/4 575 ■RUSSCI 2U 5/4 12/4 lt/4 IS/4 25/4 21/4 TO USA/CANADA VS. h |GuN
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      Page 44 Advertisements Column 2
      806 44 r* EXPORTS TO HONGKONG, TAIWAN, MANILA I JAPAN TWICE WEEKLY" MALACCA STRAITS SERVICE QUTBOUM) WY PHI PEN XT ISMIMM «6 KAO KEt TYO Yo< SM2 N6O XOB VESSEI VOY |SW |PKI PCN M.W $M ACX ROSE 238 22 1 *24 1 25 1 27 1 31 1 »2 82 >
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      Page 44 Advertisements Column 3
      246 44 SEAWARD SHIPPING AND TRADING GO (SI PTE LTD n* ETA ETA SPORE rmi KRANG PEHMK •UK 1/2 a/I lojdwf lor MM HMAI HUNI 30/1 loading tor Calcutta oomm 10/2 load** For MM note* supreme 2/2 Uad.it for Malt OONMULH 31/1 loaded For Felrararu prosress inn 15/2 loading tor Yanfon K*n
      246 words
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      Page 44 Advertisements Column 4
      1482 44 CHINA OCEAN SHIPPING COMPANY PULL CONTAINER LINER SERVICE emi oun SWGAPORf 'S GENERAL AGENTS *»*»•s wan £%3££!l!?!2LW COSTAR SHIPPING PTE LTD PXOOBAIJWM f KLANG TIL MSI 1 M l TLX IM ***** TEL: *****00/*****33 INDONESIA MARITME WIANG TEL 620*41 TLX IM 401 M TELEX: RS *****/1 COSHP *T TEL: («I)*KJ7.
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      613 45 •fg. FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 26/1 ROTTERDAM 26/1 HAIFA/ASHDOD/ALEXANDRIA 26/1 HAMBURG/BREMEN 26/1 MARSEILLE/FRANCE 26/1 FELIXSTOWE/UK 267T BARCELONA/SPAIN 26/1 LEHAVRE/ANTWERP 26/1 GENOA/ITALY 26/1 GOTHENBURG/SCANDINAVIA 26/1 LOS ANGELES/WC/IP! 26/1 SYDNEY/MELBOURNE 25/1 NEW YORK/EC 26/1 FREMANTLE 25/1 VANCOUVER 26/1 BRISBANE/ADELAIDE
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      1310 45 (r±\ RICHFIELD MARINE AGENCIES (S) PTE LTD S TEL: *****33 (12 LlnM) (I II M^tißHllliWlMllmlliTyßWilP^^^M BFAX: *****15/*****03 <I Lin i X^BflM2iUUA|aß|Wtt|UlSa&aiiMHHHM J TELEX: R8 ***** RIBHIP (3 LIHM) ETHIOPIAN SHIPPING LINES PAnokqk r^— 1 (National Lines ot Ethiopia) L— 5! S E IL— 1'" I 5555—1 M—« 1 AKA BHUM
      1,310 words
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      Page 45 Advertisements Column 3
      110 45 Vessel Voy ETA ETD Destn TZU HANG 9236S 27/1 29/1 Kompongsom ERMNIA 9231S 25/1 27/1 Phnom Penh HONGZHAN 9229S 27/1 28/1 Ho Chi Mnh HOSHO MARU 9221S In Pt 25/1 Vungtau SHUNFII 9213S In Pt 25/1 Yangoon GENKAI NO 8 9202S 29/1 31/1 Pimm Penh 11 SOON KIAT SHIPPING PTE
      110 words
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      Page 45 Advertisements Column 4
      344 45 TIGER-M VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SM MM SM TIGER SPEED ISSN 26 28/01 01-03/02 08-09/02 TIGER SHARK 07N 29-30/01 05-06/02 12-13/02 TIGER BRIDGE 189N 02-03/02 06-10/02 16 17/02 VSL VOY BMQAPORE/C ALCUTT A/BMGAPORE VESSEL VOY SIN CM. SM TIGER RIVER 143CN8 In Port 31-04/02 10-11/02 EAGLE BREEZE
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      1285 46 M AC-NELS S'PORE M P0RT:'*****02 I PENANG: (04) *****6 SIBU: (084) *****9 KK: (086 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 PEN PK SJN Pf N SIN 25/1 26/1 27/1 Ldn/Ftx/Rdm/Ant SwPl Louis 27/1 M/f 26/1 27/1 28/1 Gothonburg/Stockholm/Osio 1 29/1
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      Page 46 Advertisements Column 2
      400 46 jtefc BLUC STAR L|NE TO FROM jf/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SM in Ml ITT SM PKMBI ICS 27/1 0/2 NPI 10/2 27/2 MULBERA 2SS 7/2 19/2 WW »l 21/2 9/3 MAHSUM 0514 19/2 2/3 <M NPI 4/3 21/3 FULLY CONTAINERISED SAILINGS
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      Page 46 Advertisements Column 3
      1038 46 I THONG SOON LINES PTE. LTD. JMi 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO VESSEL Ivor [ETA IIEST VESSEL VtT SPWE f. lEUMK KIM SOON LI 44/92E 27 JAN PENANG EQUATOR JEWEL 51N
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      814 47 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARAM. 10* t OTHER PERUVIAN PORTS* WITH T/S AT KOBE OH CPV THROUGH BILL Of LADING. ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPHNG BREAK BULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA, NAGOYA, MOJI. TOKYO*. OTHER JAPAN PORTS*, MANILA*. DAVAO*. OTHER
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      Page 47 Advertisements Column 2
      483 47 ICZ3Z I N.AMERICA/CARRIBEAN SERVICES VESSEL IVOT bAAJNLHI IWT tu hSI f»» >WC jjn m TOKYO 72E 2/2 71 SAWUHH 36E 10/3 11/3 23/3 25/3 U/l IM AAOHttJNC 1321 3/2 BM lAPAH IE 11/3 2HZ3_ MZ3_ MZl_ a/iANHAfA 7IE 1/2 JM UMH IE 11/3 20/3 24/3 21/1 21/3 m pwaeus iv
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      Page 47 Advertisements Column 3
      447 47 X V* MULTI-MODE SHIPPING PTE LIB MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHARJAH. DOHA. MUSCAT BAHRAIN, ABU OHABI. BANDAR ABBAS JEDOAH FAR EAST ACCEPTING FCL/LCL PENANG P/KELANC. JAKARTA, BANGKOK HONG KONG, TAIWAN JAPAN MANILA. KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE. LEEDS. TILBURY. ABERDEEN. LE HARVE HAMBURG ROTTERDAM ANTWEP GOTHENBURG. COPENHAGEN
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      Page 47 Advertisements Column 4
      559 47 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA VESSEL VOY SIN JKT DASA EN AM 911 In Port 25/01 DASA ENAM 912 29/01 01/02 PELOPOR 1024 25/01 29/01 General Agents: ASIA PERINTIS LINES PTE LTD 19. Keppel Rd #05-02 Jit Poh Bldg Singapore 0208 Tlx:
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      Page 47 Advertisements Column 5
      419 47 v i v '4 t j Sjft FM EAST 28/1 KEELUNG/KAOHSIUNG 26/1 BANGKOK 31/1 MANILA/CEBU ..V 26/1 JAKARTA/BELAWAN/SURABAYA 27/1 PORT KELANG/PENANG/E. Malaysia 27/1 BUSAN 27/1 TOKYO/YOKO/KOBE/NGO/OSA 27/1 HONG KONG ;<• SIN CHINA 27/1 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 27/1 LDN/FLX/LVP/SOU 27/1 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting
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      Page 48 Advertisements Column 1
      838 48 NT FIL CONTAINER SERVICES PTE LTD 171- MADRAS CALCUTTA BANGKOK VSL SW/MAPWAB VIL SIN/CALCUTTA VSL BIN/BANOKOK SW MAA SM SM CAI SM WW* KIT AVAUaii Sd M-21/01 02 03/02 NEXT AVAftA&f 23-24/01 30-03/12 00-10/02 «T AVU.ARE 2S-27/01 01-03/02 MM/02 H-27/01 02 00/02 12 13/02 30-31/01 00-00/02 14-15/02 01-02/02 00-12/02 10-10/02
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      Page 48 Advertisements Column 2
      518 48 Eonterm] CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION AUCKLAND 27 JAN NEW PLYMOUTH, WELLINGTON, LYTTLETON, NAPIER, HAMILTON, CHRIBTCHURCH, DUNEDIN, PORT CHALMERS BANGKOK 28 lan EUROPE 26 Jan FREMANTLE 25 Jan GOTHENBURG 26 Jan PENANG 27 Jan PORT KELANG 27 Jan JAKARTA 28 Jan MELBOURNE 30 Jan SYDNEY 30 Jan
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      Page 48 Advertisements Column 3
      441 48 a/7 PENANG KL: alueo-LINK SINGAPORE: jttSr *****722 03-*****95 778 6522(22 L,nesi SFFSj V MbMbb Oi*fl 'Suaan Ng/PMUp Kb* Iran* Cheng/Esther Yap <.. PS KIM SHIPPING ESiS Tel: *****11 Fax: *****51 CONTA/d RO-K BHtMBUK SEMVKtt I SM I DAM DOB JED SAUDI TABUK FEA 054 10/02 10/02 22/02 VESSEL VOY I
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      Page 48 Advertisements Column 4
      427 48 mmmm MANILA ETA VIGOUR SMGAPORE 18NB 25/1 >( VIGOUR PACIFIC 55N8 1/2 BANGKOK 26/1 2/2 BUSAW 27/1 3/2 HONGKONG 27/1 3/2 DURBAN/PT LOtfS 5/2 18/2 KEELUNG 27/1 3/2 USA 27/1 3/2 PT KELANG 28/1 31/1 KOBE 27/1 3/2 PIRAEUS 30/1 12/2 OSAKA 29/1 5/2 JAKARTA 28/1 31/1 DUBAI 30/1 11/2
      427 words
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  • Page 49 Advertisements
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      Page 49 Advertisements Column 1
      324 49 YOc vOC OC \O c VQc \O c VO c y VAN OMMEREN CETECO GROUP U TRANSPORT DIVISION > 0 VOTAINER CONSOLIDATION SERVICES: Ml THE ONLY CONSOUDATWWtTH WORLDWIDE NETWORK M V J Weekly FCIACL Services To/From V J >■ USA EUROPE FAR EAST > 0 Baltimore: Votalner Consolidation Services Mi
      324 words
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      Page 49 Advertisements Column 2
      28 49 ReadWS Chartpoint, a guide to i. v*\??sS£,_, ,r •j investing in 'vS 'V"* v the Stock Market. t Every >>' -v Saturday in "> > ».< T- i -> 5. ft. Business Times
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      Page 49 Advertisements Column 3
      234 49 STAGER FREIGHT SERVICES PTE LTD TEL 273-3838* FAX: 274-1100 PtC 03-*****60 PEN: 04-*****2 •JKT: 21-*****1 8BY: 31-*****0 EUROPE DfBTRIBUTtON SERVICE SIN LH/PAR FFURT/MANNHEIM IRUN/MADRID PORTO ATHENB/PIR STUTTGART VALENCIA LISBON THESSALONIKI 26/1 14/2 18/2 18/2 19/2 20/2 2/2 21/2 25/2 25/2 26/2 27/2 TO CANADA TO AUSTRALIA SIN VCR MTL/TOR SIN
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      296 49 TIDES AND WEATHER TODAY'S TIDES (twjftt in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 MOO 0900 *****100 ******************** *****100 1900 *****100 *****300 JR 18 24 27 28 2.5 2.0 1.4 10 07 0.7 09 14 2.2 29 3.2 3.1 28 22 1.6 10 06 05 0.5 08
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      Page 50 Advertisements Column 1
      1139 50 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. I TO PACIFIC NORTH-WEST FEEDfI HOT W WD IMI Lt HMJt WT M 0 LBH 0M StA IM HAU DOT KAO TCM/gA HI Sf A RANGER NOO2 23/01 LAIAfOA 4SE 31/01 00/02 21/02 22/02 TRM6NOM.D M 7K 02/02 21/02
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      Page 50 Advertisements Column 2
      595 50 CHARTPOINTI Every Saturday in Business Times A IJCVISA FREIGHT SERVICES PTE LTD I -1 E«taMW*d Sines 19*4 We Sail The World For You REGULAR GROUPAGE LCL CONSOLIDATION SERVICES IMPORT EXPORT United States of America Europe Port-of-Call Port-of-Call Los Angeles Rotterdam Chicago Genoa New York Hamburg (Accepting all inland Le Havre
      595 words