The Business Times, 28 January 1992

Total Pages: 50
1 50 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Tuesday, January 28, 1992 75*
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  • NEWS SUMMARY
    • 72 1 NEW DELHI Indian investigators suspect Tamils based in Malaysia and Singapore gave "direct support" to the alleged killers of former premier Rajiv Gandhi, the Press Trust of India said yesterday. The Tamils living in the two countries were believed by a Special
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    • 63 1 MOSCOW The three Baltic states have said they want to create a common market. A document adopted at the first full session of the Baltic assembly in Riga at the weekend by Latvia, Lithuania and Estonia, and signed by the three parliamentary delegations, said
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    • 45 1 THE Singapore Hotel Association (SHA) has projected an average occupancy rate of 81.9 per cent for local hotels in the first quarter of this year, up sharply from the actual 70.7 per cent in the same period last year Page 4
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    • 37 1 THE total deficit of Singapore's Mass Rapid Transit Corporation (MRTC) rose almost 70 per cent to just under $270 million in the year to March 31, 1991, its latest annual report shows Page 4
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    • 38 1 VIETNAM'S exports in 1991 totalled US$l.9 billion (about SS3.I billion), with more products going to Asian markets and less to the former Soviet bloc, according to a report in an official magazine. Page 9
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    • 35 1 THE European Community and the European Free Trade Association are racing against time to rescue plans for the world's biggest common market after the European Court ruled it invalid Page 11
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    • 35 1 THE Asia-Pacific telecommunications market is expected to more than double from the present US$2O billion (5532.8 billion) to US$5O billion by 1997, with the services sector being the biggest growth component Page 14
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    • 37 1 A NEW tax agreement between Singapore and Saudi Arabia, which paves the way for mutual exemption of income tax on airline profits between the two countries, was launched last Saturday. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 27 1 WALL STREET prices opened higher yesterday, with the Dow Jones index of 30 leading industrials gaining 6.93 points to 3,239.71 five minutes after the opening.
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    • 24 1 LONDON share prices were higher at midday yesterday. At about 1200 GMT. the FTSE 100-Share Index was up 32.8 points at 2543.2.
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    • 24 1 ROBINSON and Company Ltd bucked the trend of shrinking sales and profit margins among retailers in Singapore last year Page 6
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    • 28 1 THE BID to operate a second private television station in Malaysia has brought in more parties, with the latest being Utusan Melayu (Malaysia) Page 6
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    • 42 1 PUBLIC Bank Bhd, one of Malaysia's largest and most profitable banking groups, posted a pre-tax profit of M 5163.98 million (*****.66 million) for the year ended December 1991, up 27.9 per cent from the previous year Page 6
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    • 23 1 WITH the Lunar New Year around the corner, the rush to buy the Malaysian ringgit is on again Page 8
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    • Article, Illustration
      28 1 Monday Change BT-MGA 745.26 +1.13 Kuala Lumpur 570.55 +1.77 Tokyo 21,007.11 -65.04 Hongkong 4,554.73 -45.35 Sydney closed Friday Change New York 3,232.78 +6.04 London 2,510.4 -14.9
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    • 24 1 Exchange rates USS SS 1.6365 100 Yen SS 1.3134 MS SS 0.6170 Money market rates Overnight 3 1/4% -1/4 3-month 3 3/8% +3/16
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    • 37 1 London Gold AM fix USS354.85 +USS0.35 Rubber S pore Feb 128.50«/kg unch M'sia Feb 214.00Vkg -0.50 KL Tin Turnover 87 tonnes +34 Spot MS14.20/kg -0.13 Crude palm oil Turnover 352 lots -308 Mar MS908 /tonne unch
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  • 920 1  -  Fourth Asean Summit By Our Summit Team SINGAPORE Asean heads of government, meeting in Summit for the first time since the end of the Cold War, gave a ringing endorsement yesterday to the formation of an Asean Free Trade Area. Underscoring the urgent need for a
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  • 360 1  -  By Kenneth James SINGAPORE Thailand, one of the strongest proponents of the Asean Free Trade Area (Afta), would like to underline its commitment by announcing soon a list of products whose tariffs will be cut, some substantially, in the first round of the Afta
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  • 478 1 Agencies WASHINGTON United States President George Bush will unveil a budget plan today that he hopes will revive the floundering economy and boost his presidency without adding too much red ink in an election year. But the package might have a
    Agencies  -  478 words
  • 137 1 AFP BANGKOK America's Walt Disney Company is considering building a US$3 billion to US$4 billion amusement park in Thailand or Malaysia, The Bangkok Post reported yesterday. A high-level team of Walt Disney executives flew in earlier this month to conduct a feasibilitv study
    AFP  -  137 words
  • 309 1  -  From Maggie Ford in JAKARTA INDONESIA'S parliament has agreed to a government proposal to let foreigners buy shares in banks listed on the Jakarta Stock Exchange. Foreigners will be allowed to hold up to 49 per cent of bank shares, the
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  • Page 1 Advertisements
    • 224 1 The World's Finest Photographic System Nikon Price Specials See SBC Text Ch 8 Pg 188 (3 pages) Why just buy a camera when you can buy a Nikon Aircraft Schedule 31 KLSE 25 Weather 31 Commodities 30 Money Changer Rates 31 World News 10,11 Company News 6.7 Money Market 29
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    • 13 1 Businessmen welcome Afta as good, bold move, Pg2 The Bottom Line, Back Pg
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    • 194 1 The World's hnest Photographic System Nikon Price Specials See SBC Text Ch BPq 188 «3 pages) Why just buy a camera when you can buy a NiUort Winners never gamble. They take educated risks. Because investing in the property market is a careful assessment of all the market conditions based
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  • FOURTH ASEAN SUMMIT
    • 546 2 Some say it's long overdue, others say the sooner it's completed the better SINGAPORE Businessmen yesterday supported the move towards an Asean free trade area but wished it could have happened sooner. "It's long overdue. The business sector welcomes the move," said Tan
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    • 606 2  -  Moves to implement the Asean Free Trade Area will hurt some Asean industries more than others. But the transitory period provides some comfort, Philippine Trade and Industry Secretary Peter Garrucho tells Harish Mehta Harish Mehta SINGAPORE No pain, no
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  • Page 2 Advertisements
    • 38 2 Summit reports by Yang Razali Rassim, Kenneth James, Loh Hui Yin, Chuang Peck Ming and Harish Mehta NEW TECH PARK IS FAST RUNNING OUT OF SPACE. BUT THERE'S STILL SOME LEFT. IF FITS YOUR NEEDS, CALL 222-1333 NOW.
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    • 145 2 .J- '4 1 l V A—' i f 5 '{1 l<- >,>■ ij 1 ,s .3 ?*'r < v Ip! gL .7 «££isSS Ij- K-' r i V I t.vv x- -••< <•,* "V V, ,'-..■>, v ;^'V^ J.. J 1/ h>- •..V* Y K.- W' E'' i':' I SOME
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  • PAGE 3 NEWS
    • 410 3  -  By Joseph Rajendran SINGAPORE In spite of the shadow over the industry in the second half of 1991, most American disk drive companies stayed profitable in the final quarter of the calender year. Seagate, Maxtor, Conner, Quantum and Micropolis which
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    • 366 3 AFP TAIPEI A Cabinet-level Free Trade Commission (FTC) headed by ViceEconomic Minister Wang Chih Kang was inaugurated yesterday to monitor new rules for businessmen. The Fair Trade Act, dubbed the "economic constitution", becomes effective on Feb 4 after 11 years in the planning.
      AFP  -  366 words
    • 448 3  -  By Shoeb Kagda SINGAPORE Continued worldwide demand for tropical wood will ensure another good year for Malaysia's timber industry despite a campaign by environmentalists to pressure the country into reducing its log exports. Although log exports from Sabah and Sarawak will deliberately
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    • 492 3 AT T and Ericsson among those vying for projects AFP BOMBAY Alcatel, AT T, Ericsson and a host of other international giants are slugging it out for a share of India's lucrative telecommunications market and to use New Delhi as a springboard to
      AFP  -  492 words
    • 315 3  -  By Dawn Tan SINGAPORE The High Court in the British Virgin Islands has again adjourned the hearing of a petition lodged by Kajima Overseas Asia (KOA) to wind up part of its holdings in the now defunct Desaru resort project in south-eastern Johor. The case
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    • 217 3 SINGAPORE Washing-ton-based International Finance Corp (IFC) has paid US$9.6 million (about 5515.8 million) for a 10 per cent stake in PT Bakrie Kasei Corp, which is carrying out a US$335 million petrochemical project in Indonesia. The investment, sealed in Jakarta last week, is
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    • 365 3 UPI BEIJING A 13-year-old industrial boom has so taxed China's meagre water supply that a major drought like that of the 1980s could cause north China's economy to collapse. V/u Guochang, chief of the Water Resources Department at the Ministry of Water
      UPI  -  365 words
  • Page 3 Advertisements
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • 59 4 THE Ministry of Education will promote Singapore's education system to Hongkongcrs at Education and Career Expo '92 in Hongkong from Feb 20 to 23. Sharon Goh, First Secretary (education) at the Singapore Commission in Hongkong, said: "Experts will talk to Hongkong students and parents
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      • 108 4 ELECTRONICS FIRMS seeking approval for their components under the International Elect rot echnical Commission Quality Assessment (lECQ) system will soon be able to have their products tested at Sisir. The arrangement is the result of the institute's successful application to take part in the lECQ
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      • 70 4 EIGHT organisations will jointly organise a nationwide Senior Citizens' Health Week from May 17 to 24 this year. They are the Singapore Action Group for Elders, the Singapore Medical Association, the Singapore Nurses' Association, the Singapore Gerontological Society, the People's Association, the Ministry of Community
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      • 83 4 THE Public Transport Council has turned down a request by the World Trade Centre to allow taxi drivers to impose a $3 surcharge on fares picked up there. In its 1990-91 annual report released last week, the council said it felt there was "no justification for
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      • 35 4 Corrections clarifications IN BTs Jan 8 report "Singapore consumer electronics market in low gear", we mistakenly attributed some remarks to Mr Chong Khee Chung. Mr Chong has since clarified that those remarks were not his.
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    • 329 4  -  By Anna Teo FRONT-LINE supervisors whose duties and functions are non-executive in nature are eligible to join rank-and-file unions, according to new guidelines set out by the Ministry of Labour. The guidelines, worked out in consultation with the Singapore National Employers Federation (SNEF) and the
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    • 464 4  -  SHA projects rosy picture for first quarter By Clarissa Tan THE Singapore Hotel Association (SHA) has projected an average occupancy rate of 81.9 per cent for local hotels in the first quarter of this year, up sharply from the actual 70.7
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    • 317 4 Interest payment drags down bottomline THE total deficit of the Mass Rapid Transit Corporation (MRTC) rose almost 70 per cent to just under $270 million in the year to March 31, 1991, its latest annual report shows. The report, released yesterday, shows the bulk of
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    • 384 4  -  By Dexter Lee SINGAPORE Telecom's launch of a second generation cordless phone network today marks the start of a new form of personal communications around the world, said a senior Motorola executive yesterday. In Asia, for example, countries like Malaysia, Thailand, Hongkong and
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    • 164 4 MANY Asian countries faced serious environmental problems as a result of strong economic growth, urbanisation and income gaps, said keynote speakers opening a workshop on Media and the Environment yesterday. Pastor Sison, external affairs officer of the World Bank, said by the year 2025, some
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    • 196 4 THE Japanese office equipment giant Canon has launched a worldwide programme to recycle printer ribbons. It took the first step by setting up a recycling plant in China in February last year and since then has been collecting used cartridges from its customers
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  • Page 4 Advertisements
    • 1260 4 SINGAPORE INSTITUTE OF MANAGEMENT I (1) Preparing Training Material February 17-21,1992 I Ssl6oo SIM members/SslBoo non-members I This workshop will provide both guidance and practice in creating exercise material such as I case studies, role play exercises, action mazes, etc. It will show that they can be prepared I both
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    • 3 4 Analysis, Pg 13
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  • Page 5 Advertisements
    • 264 5 -<* ">N «f*** <»»*■ 4 1 m. -y-AMw* -V >•« V- ~.0- ...-v.- 4 J. J "r|l rtfW <•«* <*• What's Better sjj For Them Is Better x v <■ *-4j* -~r >«. -v •> <t*> <** %r. v* -< -v t' i is —\n T rUl\ IUU. -v 4*~*m
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 122 6 SINGAPORE Construction firm Low Keng Huat (LKH) has received shareholders' approval to float 48 million ordinary shares in its public issue, expected to be launched before the week is out. The resolutions for the flotation exercise were passed at an extraordinary general meeting
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      • 69 6 KUALA LUMPUR The Kuala Lumpur Stock Exchange will lift the suspension on trading of Mulpha A shares tomorrow. The KLSE yesterday said that contracts done on Mulpha A shares could be settled with Mulpha ordinary shares if any dividend declared on the ordinary shares for
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      • 80 6 KUALA LUMPUR Malaysia's Edaran Otomobil Nasional Bhd (EON) said it has entered into a conditional agreement to buy a 30 per cent stake or 6.0 million shares in stockbroker Leong Co Sdn Bhd for M 513.2 million (SsB.l million). EON said the deal valued
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      • 107 6 KUALA LUMPUR Petronas will commission two additional oil platforms at Baronia field in the Baram Delta, off Sarawak, sometime this year. According to the latest issue of Nada Petronas, the new platforms were installed in the oil field recently, bringing the total number of platforms
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      • 117 6 KUALA LUMPUR Malayan Cement Bhd recorded a M 580.35 million (5549.6 million) group operating pre-tax profit for the year ended Nov 30, 1991, up 31.1 per cent from M 561.31 million in the previous period. According to unaudited results released yesterday, group turnover jumped 26.3
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    • 184 6 SINGAPORE A Pacific Carriers Ltd (PCL) subsidiary, Brown Sugar Company Ltd, has made an extraordinary gain of HK511.6 million (552.4 million) through the sale of Citic Pacific Ltd shares on the open market. PCL announced yesterday that Brown Sugar Company, through wholly-owned
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    • 204 6 SINGAPORE Asean Fund Ltd has announced a 59.93 per cent fall in operating profit after income tax to U553.23 million (555.26 million) for the year to Oct 31, 1991. Releasing its audited results yesterday, Asean Fund said investment and other income fell
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    • 467 6  -  Pre-tax profit goes up 21.8 pc to 14.12 m By Sylvia Wong SINGAPORE Robinson and Company Ltd bucked the trend of shrinking sales and profit margins among retailers last year. For the halfyear to Dec 31, 1991, it recorded a 15 per cent increase
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    • 238 6 MBT KUALA LUMPUR Companies which seek a transfer from the Kuala Lumpur Stock Exchange (KLSE) second board to the main board will have to wait a little while longer. This is because the Capital Issues Committee (CIC) has decided to let the
      MBT  -  238 words
    • 434 6  -  From Selva Kumar IN HANOI KEPPEL Corporation and a Vietnamese consortium will soon sign an agreement to build a ship that would ferry crew to oil rigs off southern Vietnam. Keppel will design the vessel, supply equipment and provide technical supervision during
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    • 429 6 Bernama KUALA LUMPUR Cycle and Carriage Bintang Bhd, the sole distributor of Mercedes Benz and Mazda vehicles in Malaysia, expects the overall demand for vehicles in the country to decline by 15 to 16 per cent this year. Demand will fall because
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    • 491 6 MBT KUALA LUMPUR The bid to operate a second private television station has brought in more parties, with the latest being Utusan Melayu (Malaysia). Utusan Melayu chairman Datuk Khalid Abdullah said the firm has submitted an application for the country's second
      MBT  -  491 words
    • 430 6  -  From Leslie Lopez in KUALA LUMPUR PUBLIC BANK Bhd, one of Malaysia's largest and most profitable banking groups, posted a pre-tax profit of MS 163.98 million (*****.66 million) for the year ended December 1991, up 27.9 per cent from the previous year. After providing
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    • 345 7 Bangkok The stock Exchange of Thailand board has eased regulations on certain company takeovers, the Bangkok Post reported over the weekend. The new regulations will apply to situations where strong companies take over others which need to be restored. The company launching a
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    • 231 7 AFP SYDNEY IBM Australia has followed its computer giant parent into the red, reporting a A 5247 million (*****.4 million) loss for the year to Dec 31, 1991. The company said last Friday that it recorded a profit of A$ 135 million in
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    • 478 7 Reuter HONGKONG Cheung Kong (Holdings) Ltd's buying spree last week, which netted it 5 per cent stakes in Peregrine Investment Holdings Ltd and Asia Commercial Ltd and a HKSIOO million (5521.1 million) note agreement with Lippo, has left analysts puzzled. Most analysts agreed
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    • 183 7 Reuter HONGKONG Investment and property group New World Development Co Ltd will sign HK$3 billion (*****.8 million) Joint venture contract with Guangzhou Economic Development Co on Friday to build a power station in the biggest overseas investment in China since the
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    • 347 7 Directors discussing their options Reuter NEW YORK R H Macy Co directors, apparently still hoping for a miracle on 34th Street, were expected to decide yesterday whether to put the venerable retailing chain in bankruptcy, sources close to the situation said on
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  • Page 6 Advertisements


  • FINANCIAL NEWS
    • SMALL CHANGE
      • 116 8 BEIJING The Agricultural Bank of China plans to upgrade radically its profile in the foreign exchange markets, in a direct challenge to other national banks that currently dominate the market, the China Daily said on Monday. The bank, China's leading agricultural financial institution,
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      • 109 8 TOKYO Toyota Finance Corp, a subsidiary of Japanese automobile giant Toyota Motor Corp, said it would offer non-recourse financing, such as purchasing credits on automobile installment payments from Toyota dealerships and guaranteeing customer payments. The new services will begin this year, and will initially cover
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      • 101 8 LONDON Insurance broker Willis Corroon Group Pic said it acquired a 50 per cent stake in UTA Spa, one of the 10 leading Italian insurance brokers, as its first step into the Italian retail insurance broking market. In 1991, UTA handled premiums of some
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      • 121 8 WARSAW Poland's state-owned export development bank, Bank Rozwoju Eksportu SA (BRE), plans a public offer of 61 per cent of its shares in the next two months. But senior bank officials said plans for Italy's Monte dei Paschi di Siena to take a 49 per
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    • 309 8  -  By Quak Hiang Whai SINGAPORE With the Lunar New Year around the corner, the rush to buy the Malaysian ringgit is on again. A check with several money changers at Change Alley Aerial Plaza and along Shenton Way yesterday showed most of them
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    • 431 8 Reuter LONDON Lloyd's of London international insurance market could report losses of £3.2 billion (559.3 billion) for 1989, nearly twice as much as previously estimated, according to the Independent on Sunday newspaper. It said a forecast of that amount would be published
      Reuter  -  431 words
    • 256 8 Reuter CAIRO The owner of one of Egypt's largest Islamic investment groups will be tried in absentia this week for issuing cheques which bounced. Ashraf al-Saad, who fled the country last year, said from his home in Paris he did not intend to
      Reuter  -  256 words
    • 500 8 HONGKONG Overseas Trust Bank (OTB) has transferred HKS2SO million (Sss3 million) out of its inner, or secret, reserves to boost its published accounts as the government prepares to sell it off, the Sunday Morning Post reported. Bank chairman David Nendick, who is
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    • 621 8 Andrew Large inherits huge task from Sir David Reuter LONDON The newly-ap-pointed head of Britain's main investments watchdog is inheriting one of the most controversial tasks in the country's financial sector. Andrew Large, who replaces Sir David Walker as chairman of
      Reuter  -  621 words
    • 467 8 MARKET TALK Some analysts see fresh problems ahead AP NEW YORK Though loan delinquencies in the United States showed signs of levelling off last quarter, some analysts warn that banks face another round of trouble ahead. The effect of thousands of workers losing jobs
      AP  -  467 words
  • Page 8 Advertisements
    • 662 8 (Incorporated in tha Republic of Singapore) ANNOUNCEMENT The Board of Directors of ASEAN Fund Limited wishes to make the following announcement: AUDITED RESULTS FOR THE YEAR ENDED 31 OCTOBER 1991 31 Oct 91 31 Oct 90 or(USStXXU (USSDOO) 1. Investment and Other Income 8,886 13J72 32.55 2. (a) Operating Profit
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    • 9 8 Large's appointment as SIB head a surprise, Pg 29
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  • THE REGION
    • 363 9 AFP HANOI Vietnam's exports in 1991 totalled US$l.9 billion (about Ss3.l billion), with more products going to Asian markets and less to the former Soviet bloc, according to a report in an official magazine. In its latest issue, Viet-nam-Hebdo said the proportion of exports to
      AFP  -  363 words
    • 253 9 AFP DHAKA China is helping to restore friendly ties between Bangladesh and Myanmar, strained by a border incident a month ago, as defence officials here yesterdav insisted that the two were not on the verge of war. "China, which has close ties with both
      AFP  -  253 words
    • NOTE BOOK
      • 67 9 WELLINGTON A New Zealand company has signed a deal to supply Saudi Arabia with 99,000 live sheep at a record price. Agriculture Minister John Falloon said yesterday the sheep, ram lambs and hoggets, will fetch NZ$5O (SS44) each. The previous best price was set
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      • 60 9 BANGKOK China and Laos have adopted a plan of action for the demarcation of their common border, according to an official dispatch from the Laotian capital of Vientiane. Agreement was reached over the plan of action for delimitation, survey and laying of border-marking posts in meetings between
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      • 58 9 JAKARTA Indonesia is always ready for UN-led talks with Portugal on East Timor, according to its foreign minister. Ali Alatas. "But whether or not the dialogue could go ahead depends on the UN Secretary-General's will to carry on his predecessor's initiative to arrange a
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    • 306 9 IHT PHNOM PENH Cambodia urgently needs guaranteed peace and a transfusion of outside assistance. Offshore oil and gas could also play a key role in spurring economic recovery and development. But to unlock that potential, Cambodia must resolve maritime boundary disputes with Thailand and
      IHT  -  306 words
    • 548 9 IHT BANGKOK Though Cambodia is in the middle of a fast-developing region, it remains a basket case among the world's countries. There has been no systematic attempt to measure'the social and human impact of the years of killing and destruction,
      IHT  -  548 words
  • Page 9 Advertisements
    • 443 9 Cardmembers get 61 p.a. From now until March 31,1992, American Express"will give you cxw'J'JCS 9ftl ft ftftftQ Singapore's highest published rates on Australian and USS deposits. LL\J OOvy We guarantee it. Each day we survey the published rates of 8 major banks to ensure your rates are the highest. j
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  • THE WORLD 1
    • 614 10 South Korea's Daewoo agrees to set up joint ventures Reuter SEOUL Stalinist North Korea has offered land and labour for a large industrial complex just north of the Demilitarised Zone (DMZ) in an attempt to lure South Korean investment, says a leading
      Reuter  -  614 words
    • 354 10 Reuter MANAMA, Bahrain Arab states could link their electric power networks in a mammoth grid that could save them more than US$4 billion, says an official in charge of the project. Mervat Badawi of the Arab Fund for Economic and Social Development said
      Reuter  -  354 words
    • 490 10 Reuter CAIRO Progress in Egypt's slow-moving attempts to reform its ailing public sector could finally be in sight, say businessmen and international economists. The Al-Ahram newspaper reported last Sunday that the government had listed for sale its shareholdings in
      Reuter  -  490 words
    • WORLD WATCH
      • 80 10 TAIPEI Taiwan's trade with China soared to a record high in November in spite of political tensions, officials said yesterday. Two-way trade through Hongkong jumped 34.63 per cent from a year earlier to US$592 million (SS97I million), the island's Board of Foreign Trade
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      • 78 10 ISLAMABAD Pakistani Prime Minister Nawaz Sharif says his year-old privatisation programme is succeeding. "We are progressing towards our goal with success," he said last Sunday, defending his programme against opposition charges that the government had hastily sold state-owned industrial units to the private sector to
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      • 97 10 BUENOS AIRES Argentina's top economic officials are confident that the country's inflation rate will slow down next month after suffering a blip of nearly 2 per cent this month. Economy Minister Domingo Cavallo told reporters last Saturday: "There were some mark-ups and we are concerned about
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      • 91 10 LONDON Many young Britons would like to see the Labour Party in power, but most still want Conservative Prime Minister John Major to head the government, according to a poll published yesterday. The newspaper Today reported that 47 per cent of voters under 25 planned
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      • 100 10 BEIJING Ownership of television sets in China, a perk of the privileged few only 10 years ago, is now enjoyed by more than 18S million people, a communications minister was quoted as saying yesterday. By 1990, television services reached 79.5 per cent of Chinese, a
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      • 83 10 MANAMA. Bahrain A 19-member United Nations team assembled last Sunday in Bahrain in preparation for a mission to Iraq to start disposing of more than 125,000 munitions, including 46,000 chemical-filled bombs, shells and warheads. The team, which was to leave yesterday for Baghdad, will
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    • 336 11 Officials seeking solution in talks this week Reuter BRUSSELS The European Community and the European Free Trade Association are racing against time to rescue plans for the world's biggest common market after the European Court ruled it invalid. EC officials said last
      Reuter  -  336 words
    • 547 11 Reuter LONDON A European tour by Premier Li Peng, the first by a top Chinese figure since the crushing of demonstrators in Beijing in 1989, marks increasing Western acceptance that China is too important to be isolated for ever. Mr Li,
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    • 313 11 AFP HONGKONG Chinas plan to select Hongkong people to act as advisers on the British colony's affairs has sparked worries here that Beijing is seeking to undermine the existing authorities in the territory. The Chinese plan to hire "influential people" for consultation on
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    • 613 11 Growing awareness that reforms are shifting power to blacks Reuter CAPE TOWN South African President FW de Klerk is moving to shore up support among whites as they face the growing reality that reforms in the country are shifting power to blacks, political
      Reuter  -  613 words
  • Page 10 Advertisements
    • 210 10 Tnat's because all he had to do was call free-of-charge I from Alaska to Asia Emergency Assistance (AEA) from the H nearest phone on Singapore Telecom's International Toll- H Free Service (ITFS). 11 I I I In turn, AEA contacted Peter Wong's family doctor in Singapore and before H his
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  • Page 11 Advertisements
    • 3 11 Editorial, Pr 12
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    • 185 11 I International Toll-Free Service (ITFS) offers Call-Free and Fax-Free facilities that can give your international business a real winning advantage. NOW I Just by con- YOU CAN SEE I AND HEAR Fax-Free to your THE OPPORTUNITIES phone or facsimile I AROUND machine, your overI seas customers can THE WORLD. contact
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  • 492 12 EDITORIAL SYMBOLS are important in China. And the unexpected visit of paramount leader Deng Xiaoping to Shenzhen last week sends several important signals which augur well for China and the rest of the world. An 87-year-old man who is in semi-retirement and not the best of
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  • WHAT THE OTHERS SAY
    • 258 12 A MOVE in the right direction: This is the legal profession's reaction to Chief Justice Yong Pung How's recent announcement that a working committee has been set up to look into sentencing practice and procedure. How can the working committee on sentencing help? It could start by
      258 words
    • 72 12 HOW should Asean respond to the changes going on in the world? This is one question that merits attention at the Asean summit. The leaders should take advantage of the summit to seriously discuss the framework for close economic cooperation. Asean should strive to be more united in
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    • 157 12 THE THEME of the Fourth Asean Summit is how to bring the Asean free trade zone into being. Everyone is positive about such a need in economic development. As a matter of fact, economic cooperation also has a bearing on the common fate of the region.
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  • REGIONAL VIEWPOINTS
    • 196 12 HANOI will almost certainly get its wish to participate in Asean, initially as an observer and eventually as a full member. For Vietnam, ending the US trade embargo is the country's major economic goal. The two nations have agreed to work towards this, but progress is too
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    • 169 12 WE IN ASIA have been quite fortunate in that we have so far been spared the traumatic after-effects of the termination of the Cold War which the dissolution of the Soviet communist empire has brought to some Eastern European countries. However, it would be wrong to assume for
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    • 134 12 HOW IRONIC that an event intended to promote Hongkong abroad should be a forum for the use of an alarming and emotive word such as "anarchy" in relation to the territory's future. Legislative Councillor Stephen Cheong Kam-chuen's attack on the role of the United Democrats
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  • 788 12  -  By letting his aides talk of helping anti-Saddam groups with US military power, George Bush puts himself in a situation where he will either have to act rashly or be culpably indecisive, says Leslie H Gelb Leslie H Gelb NYT US PRESIDENT George Bush could
    NYT  -  788 words
  • Page 12 Advertisements
    • 142 12 Aim for a audience ASIAN AER©SPACE'92 ASIAN AEROSPACE is considered BUhShmUuUamm one of the worlds most important air shows. Three of our newspapers will be publishing a rm m rrr special feature in conjunction with this great The StimtsTimeS exhibition of airier. FEBRUARY 24,1992 Readers will get to read about
      142 words
  • Page 12 Miscellaneous
    • 39 12 DOONESBURY BY GARRY TRUDEAU Ht~J>£& ftUCW CJ7IZ&&! Pftß Cuifjj, mui vfUCAN SORT OF 1 R&mTING V&&ATIM EXC&FIS PSMEM&R UNCOUi, 6OH6JD Hts FROM HJHfW HCUSS 77ZANSC/HFB, OF7MUWJ* P&&OUS THAT FOUOWS THE &TMN6A MILSHCMyCUCOIHPf&€N9VE CMLUJMANPAIL THATSTUFF M VwHmJSSv ppjjjj jll I"
      39 words

  • ANALYSIS
    • 968 13  -  What determines investor sentiment? Philip Crawford takes a look at the role played by psychological forces Philip Crawford IHT FINANCE and psychology are disciplines that appear antithetical in nature. One deals with cold, hard numbers, scarcely open to emotional interpretation, while the other
      IHT  -  968 words
    • 1672 13  -  More teeth is needed if Malaysia's Ministry of Science, Technology and the Environment is to deal adequately with potential hot spots, reports Nirmal Ghosn from Kuala Lumpur Nirmal Ghosh WASTE disposal, in the news recently bccausc of the widelypublicised case of dumping of Singapore-originat-ed waste in Pcrak
      1,672 words
    • 798 13 Malaysian environment minister Law Hieng Ding discusses a number of environmental issues MALAYSIA'S Minister for Science, Technology and the Environment, Law Hieng Ding, once worked in Sarawak's logging industry, and believes that leaders of the industry should be educated about their responsibilities to the environment.
      798 words

  • INNOVATION & TECHNOLOGY 1
    • 639 14  -  Joseph Rajendran studies a telecommunications report which shows the services sector growing at the fastest rate Joseph Rajendran THE Asia-Pacific telecommunications market is expected to more than double from the present US$2O billion ,(5532.8 billion) to US$5O billion by 1997, with the services
      639 words
    • 157 14 Reuter SOUTH KOREA'S electronic and electric goods exports totalled US$2O.2 billion (5533.1 billion) in 1991, up 12.4 per cent on the previous year, the domestic Yonhap news agency said, quoting provisional Trade Ministry figures. Overseas sales of semicon- ductors rose by 25.2 per cent to
      Reuter  -  157 words
    • 252 14 NYT SUN MICROSYSTEMS INC, and Cray Research Inc said last week that Cray would develop a new line of computers in the US$l million (551.64 million) to US$3 million range based on Sun's Sparc microprocessor technology. The companies also said they
      NYT  -  252 words
    • 747 14 Customers hungering for greater speed and reliability in their computer storage systems are increasingly turning to EMC Corp NYT FOR MORE than a year the computer industry has been eagerly anticipating a ground-breaking new product code-named Iceberg from Storage Technology Inc. the
      NYT  -  747 words
    • 335 15  -  Ang Wan May looks at the latest Silicon Graphics workstations that are based on Rise technology Ang Wan May US COMPUTER COMPANY Silicon Graphics has sold 40 units of its Iris Indigo computers in Singapore amounting to about Ssl million, since
      335 words
    • 386 15 SINGAPORE Computer company ICL Singapore has launched a new software called the Retailer/POS here for retail enterprises. Fashion trading house FJ Benjamin Sons has given the software a boost by spending about Ssl million for use in its Singapore office and subsidiaries in Malaysia and Hongkong. The main
      386 words
    • 559 15  -  Thomas C Hayes takes a look at the new models that appear to blend Compaq's emphasis on new technology with a lower price Thomas C Hayes NYT COMPAQ COMPUTER Corp yesterday introduced the first computers of its Eckhard Pfeiffer era two notebook models with
      NYT  -  559 words
  • Page 14 Advertisements
    • 92 14 MAKING j W 1 HAPPEN I Jf SINGAPORE ■*mWc help hundreds of thousands of Singaporeans every day even though they may never see en" use our products directly. We do this by developing solutions that work. Since we have been helping businesses in Singapore develop computer-based information systems. l rom
      92 words

  • Page 15 Advertisements
    • 201 15 HOW TO STAY TRIM j IN BUSINESS BY CUTTING CORNERS These days, to stay successful in business, one has to be highly competitive.That means having the right image, up- to- date office equipment and full time experienced staff; yet keeping low overheads. Here at World Wide Business Centre Pie Ltd,
      201 words
    • 459 15 4 9 I -out Sf.i J. KfeAO I THE EXECUTIVE I IHMO -oom swktt J **M>' mam. m**ci I j mrno MOPE «B-gcT B THE PASTELS 4 > *4* I fl f fl tfr:. < I fWft MOO€ XCFCT I NMD MBkFCT B <4 t THE CASUAL *< *L& iiwiMi.
      459 words

  • FOCUS
    • 1964 16 Samsung's success is also its liability. As it pulls ahead of other chaebols, Foreign partners are less willing to share the •technology it needs to move on IT was the old patriarch's obsession: as founder of South Korea's powerful Samsung business group, ucc Byung Chull
      Source: Samsung, BW  -  1,964 words
  • Page 16 Advertisements
    • 135 16 EST Durham Un 1 rjl University |f| |Jn Founded in 1832, Durham is the third oldest University in England with a rich tradition as a centre of scholarship and research. It has maintained its leading role among British Universities through its unswerving dedication to the pursu it of r excellence
      135 words
    • 74 16 -.HI V f «H Unclog your cash. tight cash-flow situation? Bring us your invoices and we'll give you immediate cash advances. EMS KePPe Finance Limited Let Keppel Finance and Keppel Factors MMM Keppet Factors We Ltd t iVA (Members of the Keppel Group) Head Office: 15 McCallum Street #02-01/04 Natwest
      74 words

  • Page 17 Advertisements
    • 45 17 \Kff f ftv4® C > 1 |r' MMHBBMMHB| S S V 'S I a llvSm H E^^^lflSs ■HHHHH|^^H^^^HH| :> ®P^Sl^ MMM MHMMMM /y I PREMIER I from Johnnie Walker 1 in II y -■->-, For the man who makes his own rules. I Rait Notch whiskv. to perfection
      45 words

  • Page 18 Advertisements
    • 1143 18 Nothing BeatsAßllCL where to wine, dine HAVE A GRAND REUNION! (3 FEBRUARY) Seafood Theatre Restaurant I 9 course Gala Reunion Dinner jy\ Choice of $398++/$498 menus With free Mandarin Oranges t Lucky Hong Bao Dip Happines Hail SpH Reunion Banquet $338++ With Lucky Tkble Draw Lucky Hong Bao Dip Lion
      1,143 words
  • Page 18 Miscellaneous
    • 631 18 TELEVISION AND RADIO HPI- 1 T%l 1 I fcorio T> 9.30 Feature Special Best Inten- 8.38 Azan Isyak. BUSINESS ON RADIO; |3 I y\ f I f\M If* I 01/" OOUZ tions: The Education and 8.42 Senada Setrama. X 11C V/UIU U1 IJIuLiV 7manmm it K,,,in °<Jt m nd T
      631 words

  • LIFESTYLE
    • 728 19  -  Dawn Tan's heart was captured by David Sanborn when he performed at the World Trade Centre Dawn Tan's IF DAVID SANBORN were to play badly, he would still sound good. But when he is really good, he invokes feral hysteria, and that best describes
      728 words
    • 767 19  -  Bruce Lambert looks back at the illustrious life of Oscar-winning actor Jose Ferrer who died on Sunday after a brief illness Bruce Lambert NYT JOSE FERRER, renowned as the cool, cerebral and idiosyncratic actor who won an Academy Award playing Cyrano
      NYT  -  767 words
    • 413 19 CHATTERBOX A NEW campaign to make Queen Elizabeth pay income tax could mark the 40th anniversary next month of her accession to the British throne. Debate about the Queen's wealth and whether she should be taxed on it is being stoked by a book called
      413 words
  • Page 19 Advertisements
    • 150 19 AND ENTERTAIN I Ra Shai Mase 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 ANA HOTEL For reservations, SI NGAPORE please call 732-1222 ext 1589. Ig ——^^I^————— A promotion depends on
      150 words
    • 173 19 IR. WW~] uH' %ri. Kir MP* Classical Japanese food prepared in the True Kaiseki style. Complete ael Lunch from $18.00+ I Sushi Set Lunch from $18.00+ Tempura Chawanmushi Set Lunch ats2o.oo+ -T v... >: .y?s- You Don't Hem To Be A Member to Enjoy Pirn Dmtng Nshbq Restaurant Marina Bay
      173 words

  • SPORTS
    • SIDE LINES
      • 107 20 AUBENAS. France Defending champion Carlos Sainz of Spain took advantage of a bad tyre choice by Didier Auriol on the final special stage on Sunday, making up nearly three minutes and taking a 49-second lead over the Frenchman on the second day of the
        107 words
      • 51 20 DAKAR, Senegal Goalkeeper Alain Gouanmane stopped a low, hard shot from Ghana's stand-in captain Tony BafToe to give Ivory Coast an 11-10 victory on penalty kicks on Sunday and the African Cup of Nations championship. All 22 players who finished the match took part in the
        51 words
      • 120 20 LAS VEGAS Evander Holyfield will defend his world heavyweight title against Riddick Bowe on May 8 providing a judge clears him to fight someone other than Mike Tyson. A spokesman for the Mirage Hotel confirmed the date on Sunday. Former title-holder Tyson withdrew from
        120 words
      • 81 20 PARIS French giant Marseille crashed to only its second league defeat of the season when it was beaten at home by "jinx" opponent Toulon over a weekend of mixed fortunes for Europe's top clubs. AC Milan stretched its unbeaten record in Italy and increased its lead at the
        81 words
    • 309 20 AFP PHOENIX, Arizona Former British Open champion Mark Calcavecchia ended a two-year victory drought on Sunday with a convincing five-stroke triumph at the Phoenix Open. Calcavecchia, who has been struggling ever since his 1989 British Open victory, carded a near-perfect 8-un-der-par 63 on Sunday for
      AFP  -  309 words
    • 336 20 Reuter TOKYO Victory was sweet for teenager Takahanada on Sunday after he became the youngest man ever to win a sumo tournament, but Japanese police made sure he toasted his triumph not with the traditional rice wine but with tea. At 19 years and
      Reuter  -  336 words
    • 683 20 AP MELBOURNE What is it about winning the Australian Open that makes grown men go off the deep end? Last year, Boris Becker took a jog after grabbing the Grand Slam title and the No 1 spot in the world. Jim Courier took
      AP  -  683 words
    • 550 20 Super Bowl NYT MINNEAPOLIS This Super Bowl was supposed to be a high-scoring affair. It was. This Super Bowl was supposed to be a match of the creative wits of teams with strikingly different but in the end equal schemes. It was not. This Super Bowl, the
      NYT  -  550 words
  • Page 20 Advertisements
    • 384 20 NOTICES r— —————————————n NOTICE I NOTICE IS HEREBY GIVEN that, I, LEE J I KOK WENG of Blk 291 Tampines Street 21,1 #07-428, Singapore 1852 have applied for a Ist class Beer House licence in respect of premises at M/s Long Chen Eating House, 214 Tg. Katong J I Road,
      384 words
    • 243 20 IN THE MATTERC Of THE COMPANIES ACT, CHAPTER 50 ANO IN THE MATTER OF VKTORELLA ENTERPRISES PTE LTD (In Mimbiii' Voluntary Liquidation) At an Extraordinary General Masting of the marrtoats of the company held at tha registered off tea of tha company on Thursday 23rd January 1992 at 11.30 am.,
      243 words
    • 259 20 NOTICE NOTICE IS HEREBY GIVEN that. I Lee Huay Chang of No 163P Lorong Gendi, Singapore 2880 have applied for a 2nd Class Beer House licence in respect of premises at M/s. Kian Seng Restaurant at Block 43 Bendemeer Road #01 1000 Singapore 1233 and that this application will be
      259 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3950 21  -  By Quak Hiang Whai SHARE PRICES in Singapore firmed slightly in quiet trading yesterday as investors remained cautious ahead of the Lunar New Year holidays next week. In the morning, dealers said, there was selective buying interest from foreign institutions who picked up
      3,950 words
    • Article, Illustration
      81 21  -  By Chew Eng Han Comment PROMET has been caught in a trading band between 48 cents and 52 cents for the past two months. A breakout from either end will set the next direction for the counter. Chances are the stock will rally back to SI cents to
      SOURCE: PONT DATA  -  81 words

  • 2914 22 Asia Pacific 1190 +20 +1.7% CMB Packaging 565 +20 +3.7% Jurong Ship 50* 1110 20 +1.8% SI A Foreign 1990 +20 +1.0% SPH Foreign 1400 20 +1 4% Semb Shipyard 855 +15 +1.8% C Properties 705 +10 +1.4% DBS Foreign 1370 +10 0.7% FELS 50*
    2,914 words
  • Page 22 Advertisements


  • BT SHARE INFORMATION SERVICE
    • 305 24 Company Date Year Group Net Net earnings Cross ann to profit/loss (L) per share dividend (000) (cents) Asia Pacific Jan 24 Sep 91 $65 969($55.737) 52 1(44) ?8N(26N) k F&N Jan 24 Sep 91 $*****($53.080) 32 6(30 1) 13N(12N) 1 Goodwood Park Jan 10 Sep 91 $22.137($21.216) 49
      305 words
    • 117 24 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) NST Jan 16 Aug 91 MS82.007($80.274) 30 9(33) 20(10) KL Kepong Dec 27 Sep 91 MS*****($*****) 153(148) 15(15) Pacific Can Dec 24 Sep 91 $138(11 387L) 02(-) Van Der Horst Dec
      117 words
    • 501 24 Company Date HaH-year Group pre-tax Interim ann to profit/loss (L) dividend (000) Khong Guan Jan 24 Oct 91 $346(1139) Centrepomt Jan 23 Dec 91 $10.063($9.940) 29(2 9) St Tyres Jan 21 Oct 91 $2,174(51.791) Pegi Msia Jan 15 Sep 91 M$76($3.212) Polytek Dec 31 Sep 91 $489L($1.958) Sateras
      501 words
    • 342 24 Jan 25 Publicly-listed Isetan (Singapore) will join forces with the Japanese-owned Kimisawa supermarket to create a one-stop shopping centre in Shaw House. Cold Storage will sublet the tresh seafood section of its proposed supermarket at Ngee Ann City to landlord Takashimaya. Jan 24 The Singapore Petroleum Company has
      342 words
    • 417 24 Current Ex Books Date Total for Total (or payment date close payable the year last year AMFPT 4 21(e) Feb 7 Feb 21 Feb 28 7.71 5 751 Asu Pacific 181N Jan 9 Jan 21 Jan 29 28%N 261N Awno 20c 12 5%TE Mar 3 Mar 13 May
      417 words
    • 142 24 Company Rights Issue Asia Pac Land Four tot seven (a VJOW per share Ei-date Ian 3 Books close Jan 17 Acceptance Payment Mar 5 City Oev Renounceable rights issue on the basis of one tor ten $2 85 per share E>-date Dec 9 Books close Dec 19 Acceptance
      142 words
    • 548 24 Company Rights Issue Munce Ted) One for one SI 00 per share Bolton Issue of $90 9 78m nominal amount of 351 Redeemable Unsecured Guaranteed Bonds 1991, with *****m detachable warants on the basis of 12 nominal amount of Bonds for every three existing shares held Every $2
      548 words
    • 248 24 Sembawang Shipyard Ltd: EGM at The Lecture Theatre, 4th Level, NOL Building, 456 Alexandra Road. Singapore 0511 on Tuesday, Jan 28, at 9.30 am Asia Pacific Breweries Ltd: 58th AGM at the registered office, 475 River Valley Road. Singapore 1024 on Tuesday. Jan 28. at 11am Hotel Malaysia
      248 words
    • 33 24 Conversion Special 1 rdg Scripiess Conversion deadline Period Trading (ompanv starts (IDP) (ST) starts Jacis lnt Jan 29 Feb 20 Jan 29 Feb 20 Feb 21 SPH NYA limes Pub NYA
      33 words
  • 590 24 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 100. In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100
    590 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 4935 25 But interest in second liners pushes index slightly higher Bernama POOR overseas leads dampened sentiment on the Kuala Lumpur bourse, resulting in share prices finishing generally easier in lacklustre trading. However, light interest in component stocks kept the KLSE Composite Index in the plus territory
      Bernama  -  4,935 words

  • STOCK EXCHANGE OF THAILAND
    • 2185 26 Reuter HEAVY profit-taking in finance and property issues led the Thai stock market index to its biggest one-day loss in two months yesterday, brokers said. The SET index ended a hectic session 9.70 points lower at 771.93 on large turnover of 8.17 billion baht.
      Reuter; SOURCE: PONT DATA  -  2,185 words
  • 1136 26 F RISES (Rp) m Price Change > Panin Bank 4850 550 J Eratex Djaya 3350 500 i Trafindo Perkas 5100 400 J Bank Niaga 4350 350 I Dankos 6000 300 Pfizer Ind 4500 250 > Bank Intl Ind 2950 250 Bank Umum Ntl 3300 200 i Gudang
    1,136 words
  • Page 26 Advertisements
    • 9 26 Don't miss Executive Jobs in Business Times every Saturday
      9 words
    • 50 26 The Jakarta market report was not available. On the scoreboard (based on stocks listed in BT), 35 counters rose, 13 fell and 38 were traded unchanged. Difficulty in getting a copy of Her World, Go, Singapore Business, Home Decor, Young Parents? Call our Hotline 749-2577 for locations of nearest newsstands.
      50 words
    • 679 26 N O TIC E S NOTICE OP MEETING I NOTICE IS HEREBY GIVEN That toe Seventy- II Seventh Annual General Meeting of toe Compeny 11 wfll be held at tie registered office No. 22 (Upper II! floor of No. 20), Jalan Hang Jebat, ***** Meiaka. 11 on Friday, 28 February
      679 words

  • TOKYO STOCK EXCHANGE
    • 2599 27 Reuter TOKYO stocks succumbed to an attack of Monday blues and closed lower in listless trade yesterday. Fading hopes of easier credit, political uncertainty and continuing fears about the supply and demand situation depressed sentiment while futureslinked selling pressured prices. "Things are very
      Reuter  -  2,599 words
  • STOCK EXCHANGE OF HONGKONG
    • 2557 27 AFP THE Hongkong stock market suffered a slump on profittaking yesterday the second decline in 10 trading days. The key Hang Seng Index slid 45.35 points or nearly one per cent to close the day's trading at 4,554.73. Turnover also diminished sharply to HK52.050 billion
      AFP  -  2,557 words

  • 1505 28 Vol Ju 24 Certs High Low (DO) ACM Gold 62 unch 63 62 1700 AFP Group 126 2 126 124 4329 AMCOR 640 unch 640 634 8554 Aberfoyie 425 -1 426 425 261 Adelaide Steamship 25 -1 26 25 5868 Advance Bank 555 -3 558 552 896
    1,505 words
  • REGIONAL STOCK MARKETS
    • Manila shares ease on pre-election worries
      • 573 28 SHARE prices in Manila eased further across the board yesterday as profittakers sold in reaction to President Corazon Aquino's endorsement of a candidate to succeed her. The Manila Stock Exchange composite index slipped 10.48 points to close at 1,268.20. Combined turnover on Manila's two bourses was 1.08 billion shares
        573 words
      • 877 28 SHARES in Seoul closed higher yesterday with investor sentiment boosted by growing expectations that a long-awaited meeting between top leaders of two Koreas will be held soon, brokers said. "Against the background of improved market liquidity and falling interest rates, hopes for a summit triggered buying of trade and
        877 words
      • 521 28 THE Taiwan stock index, finished higher yesterday despite slight profittaking in industrial shares, and brokers saw resistance at 5,400 points in the near term. The weighted index gained 42.50 points to finish at 5,341.49 compared with Saturday's 5,298.99 close. Turnover rose to a heavy NTS6O.B billion from NT555.62 billion.
        521 words
      • 339 28 SHARE prices in New Zealand closed slightly stronger yesterday in a thin market affected by holidays in Auckland and in Australia. Brokers said the local mood is becoming more bullish. "There is more interest from retail clients," said CS First Boston's Rue Bourke. "The natural tendency is on
        339 words
      • 54 28 INDICES TURNOVER Close Previow Jan 27 NEW ZEALAND NZSE-40 Capital 1,487.02 1.841.35 +5.67 Turnover (NZSmillion) unav 17.5 MANILA Composite Index 1,268.20 1,278.68 -10.48 Turnover (billion) ,.1.08 1.7 -0.62 TAIPEI Weighted Price Index 5,341.49 5,298.99 +42.50 Turnover (NTS billion) 60.8 55.62 +4.98 SEOUL Composite Stock Index 675.11 664.29 +10.82 Turnover (billion
        54 words
  • Page 28 Advertisements
    • 32 28 The Australian stock market was closed yesterday for the Australia Day holiday and will reopen today. The share prices listed below are Friday's closing prices. Advertising Marketing every Thursday in Business Times.
      32 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 986 29 REPORTS THE US DOLLAR was sharply higher yesterday in late Asian trade from its New York close on Friday. The Group of Seven's failure to indicate any desire for a higher yen weighed on the Japanese currency and expectations of easier German
      986 words
    • 377 29 Cross rates j an 27 USS SS MS Dm Yen SFr AS NZS USS 1.6380 2.6640 1.6050 124.80 0.5599 1.4240 1.3514 1.8215 SS 0.6105 1.6264 0.9799 76.1905 0.3418 0.8694 0.8250 1.1120 MS 0.3754 0.61 0.6025 46.8468 0.2102 0.5345 0.5073 0.6837 Dm 0.6231 1.0206 1.6598 77.76 0.3489 0.8872
      377 words
    • 535 29 Interbank rates SS Bid Offer Overnight 3 1/4 3 3/8 1-month 3 3/8 3 1/2 2-month 3 3/8 3 1/2 3-month 3 3/8 3 1/2 Overnight mode: 3-3/4 tISS Bid Offer 7 days 4 1/8 4 1/4 1 month 4 1/8 4 1/4 2 months 4 1/8 4
      535 words
    • 506 29 Reuter NEW YORK The dollar is expected to rise this week against the yen, after the Group of Seven (G7) failed to indicate any desire for a stronger Japanese currency in Saturday's communique. Other US financial markets are expected to ignore
      Reuter  -  506 words
    • 205 29 Reuter LONDON The appointment of Andrew Large as the next chairman of the Securities and Investment Board (SIB) has surprised members of the London Futures and Options Exchange (FOX), where he has been chairman for only three months. But they do not think
      Reuter  -  205 words
    • 1117 29 SIMEX eurodollar Open High Low Sett Est Vol Op/Int Vol Mar 92 95.77 95.82 95.77 95.78 4850 ***** ***** Jun 92 95.57 95.61 95.57 95.59 8000 ***** ***** Sep 92 95.21 95.27 95.21 95.24 5000 ***** ***** Dec 92 94.56 94.60 94.56 94.58 1327 5337 4366 Mar 93
      1,117 words
  • Page 29 Advertisements

  • COMMODITIES
    • 316 30 Reuter GENEVA Most of the world's major copper producers and consumers have set up an international body to improve cooperation and promote the use of the metal. A United Nations spokeswoman said on Friday that the 17 nations, representing 54 per cent of
      Reuter  -  316 words
    • 332 30 More mines planned to come onstream Reuter SANTIAGO Chile will increase its share of world copper output to 32 per cent by the year 2000 from 17.5 per cent at present if planned mines come onstream. The Chilean copper research centre Cesco,
      Reuter  -  332 words
    • 815 30 REPORTS TIN PRICE on the Kuala Lumpur market eased 13 sen yesterday to end at a 63month low of $14.20 per kg due to higher offerings prompted by the stronger local currency against the dollar. Dealers said the market continued to weaken
      815 words
  • 1414 30 Rubber jan_27 I MS (lot In tote*) S cents/kg Noon Close Ini I RSS Prompt I28.50/I29.50N 128.00/129.00N Int 1 RSS Feb 92 129.00/129.50 128.50/129 00 Int I RSS Mar I AO.50/131.00 130.00/130 50 Int 2 RSS OP I28.00/I29.00N 127.50/128. SON Int 3 RSS OP 125.50/I26.50N 125.00/126.00N Int 4 RSS
    1,414 words
  • Page 30 Advertisements
    • 1393 30 BUSINESS TIMES NOTICES Toll-free Tel No 737 0043 -Fax No: 734 3698 IN TWt MATt£A of THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF INDEX AUTOMATICS ASIA PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTCE IS HEREBY GIVEN that pursuant to Section 308 of the
      1,393 words
    • 6 30 Innovation Technology in BT every Tuesday
      6 words

  • 1223 31 Clt > flight ETA night ETD Abu Phabi GA893 1500 GA974 2245 GA886 2245 SQ228 1910 QF82 2115 Amtartfani KL837 1340 SQ24 0115 GA893 1500 GA974 2245 SQ23 1815 KL838 2325 Auckland NZ35 1530 SQ288 2045 NZ36 2305 GA525 1450 Bandar Sort BI421 1105 SQ182 0915
    1,223 words
  • THE TRAVEL PAGE
    • 643 31  -  POSTCARD FROM BEIJING By Kathy Wilhelm THE YOUNG hotel worker briskly kneaded lotion into her arms and legs, left pink by more than five hours of sauna and shower. "I think the sauna is good for my skin. I'm addicted to it,"
      643 words
    • 151 31 As at 3pm yesterday: dollars to one unit of foreign currency Currencies Bid Offer Australian dollar I.20S2 1.2216 Canadian dollar 1.3797 1.4080 NZ dollar 0.8730 0.9100 Sterling pound 2.9110 2.9505 US dollar 1.6310 1.6400 Local dollars to 100 units of foreign currency Austrian schilling 14.20 14.50 Belgian
      151 words
    • 80 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Mar 1-4 1st World Gems Hongkong Headway Trade 852-*****64 Mar 10-12 Cadcam NEC. EMAP Intl 071-*****47 1992 Jewelry Fair Exhibition Fairs Ltd (fax) 1992 International Birmingham Exhibitions Ltd (fax) Centre Show Mar 2-4 British Mar 10-13 3rd
      80 words
  • Page 31 Advertisements
  • Page 31 Miscellaneous
    • 165 31 27 will be more familiar with than others They submit to being put Q If' e• in a box (7) (8 M airest 8 When the shouting has to YESTERDAY'S SOLUTION nnyJi stop (7,4) 11 Me. as often as not! (4,3,4) ■^Ri^viEiTimoiujOlHjTlsJ 14 Fighting to get a booking pHuH» i
      165 words
    • 160 31 Singapore Outlook: Windy with occasional showers. Report: Maximum temperature 30.5 Assoc humidity 68% Minimum temperature 24.0 Assoc humidity 97% Hours of sunshine 2.65 Rainfall in mm 13.6 Rainfall this month 83.9 Rainy days this month 9 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 23/17 Cloudy Bangkok 33/20 Cloudy Beijing 03/-8 Showers
      160 words
    • 8 31 &NO e e i-rnn he's head (Z) QtJ,
      8 words

  • 492 32 Reforms launched last year to be deepened AFP BEIJING China yesterday announced new measures aimed at reducing its foreign trade surplus and strengthening its bid to rejoin the General Agreement on Tariffs and Trade (Gatt). Its overall trade surplus
    AFP  -  492 words
  • 359 32 AFP ROME Chinese Premier Li Peng started a two-day visit to Italy yesterday, the opening stop on his first tour of Western Europe since Beijing crushed the pro-democ-racy movement in China more than two years ago. He was expected to urge
    AFP  -  359 words
  • 289 32 Reuter BRUSSELS European Community farm ministers scheduled to start a two-day meeting yesterday were caught between pressing on with reforms to their creaking agriculture system or waiting to see how stumbling world trade talks would change the picture. "The meshing together of
    Reuter  -  289 words
  • 409 32 AFP HONGKONG Senior Chinese leader Deng Xiaoping, who is on a tour of China's special economic zones, will be joined by other central government officials for a meeting in Guangzhou, sources said yesterday. Sources close to the government said Mr Deng,
    AFP  -  409 words
  • 102 32 Reuter MOSCOW Russian President Boris Yeltsin has left Moscow for two days and will miss this week's Middle East peace talks, his spokesman said yesterday, amid speculation about the Russian leader's health. The spokesman, Pavel Voshchanov, categorically denied that the Russian leader's unexplained
    Reuter  -  102 words
  • 744 32  -  The Bottom Line YANG RAZALI KASSIM YANG RAZALI KASSIM The writer is a senior BT correspondent JOURNALISTS are witnesses to history. They do not consciously fathom this. But indeed they are. It is not an overstatement to say that the journalists covering the
    744 words
  • 417 32 Agencies MOSCOW Palestinian leaders yesterday pressed for broad-based representation at multilateral Middle East talks, an issue that could spark a diplomatic row with Israel a day before the conference opens here. Twenty-six countries, or parties, have been invited to Moscow for
    Agencies  -  417 words
  • 518 32 Agencies POTI, Georgia Georgian government troops attacked positions held by loyalists of deposed president Zviad Gamsakhurdia outside this western town yesterday. Explosions were heard as soldiers of Jaba loseliani, the commander of the ruling military council in Tbilisi, attacked from a railway bridge leading
    Agencies  -  518 words
  • Page 32 Advertisements

  • Shipping Times
    • 375 33  -  By Rahita Elias SINGAPORE A new tax agreement between Singapore and Saudi Arabia, which paves the way for mutual exemption of income tax on airline profits between the two countries, was launched last Saturday. The agreement, signed in Riyadh on Aug 6 last year,
      375 words
    • 204 33  -  By Jimmy Yeow PORT KLANG Containerised cargo trade between Port Klang and the Far East maintained its premier position in Klang's trade last year. Figures released by the Kelang Container Terminal (KCT) showed that containerised goods movement in the Far East, South-east Asia and Straits
      204 words
    • 214 33 AFP PARIS The Middle East, especially the United Arab Emirates, remains the main oil supplier to South Africa, in violation of the international embargo voted by the United Nations General Assembly in 1975, according to experts in monitoring secret deliveries of crude oil to Pretoria.
      AFP  -  214 words
    • 296 33 SINGAPORE Far East Levingston Shipbuilding (Fels) has successfully launched the second of its two giant jack-up rigs it is building for Denmark's A P Moller. The rig was eased out of the 400,000 deadweight Admiral Dock at Fels' Pioneer Yard on Jan
      296 words
    • 352 33 Reuter SEOUL Nearly all workers at South Korea's largest car maker, Hyundai Motor Co Ltd, returned to assembly lines yesterday as the company resijmed production after a long labour dispute, a company spokesman said. "Nearly 92 per cent of all union car workers have
      Reuter  -  352 words
    • NEWS SUMMARY
      • 60 33 AFTER two years of reduced travel, Americans are on the move again, producing an unexpected spurt in bookings for cruise ships, hotels and airlines in recent weeks. Airline passenger traffic increased 3.6 per cent in December an unexpected increase and the only monthly gain
        60 words
      • 33 33 A PLAN to have Los Angeles county build its own commuter rail cars after it dumped a Japanese contractor has been met with scepticism Back Page
        33 words
      • 28 33 DOCKERS in coffee producer Colombia's biggest port have voted to strike over government privatisation plans, following similar votes in other ports Back Page
        28 words
      • 52 33 THE Pakistani government says it wants to allow more private airlines in the country. Prime Minister Nawaz Sharif s Cabinet directed the Defence Ministry to invite applications for more airlines to operate on national and international routes, a government statement after a Cabinet meeting said
        52 words
    • LOG BOOK
      • 74 34 LONDON Traffic on the Orinoco river in Venezuela has been obstructed since Hongkong bulk carrier Lucky Bulker ran aground near Puerto Ordaz on Jan 23, Lloyd's Shipping Intelligence Service said. Lloyds said the Hongkong-registered Lucky Bulker, 71,733 dwt, was laden with 39,610 tonnes of
        74 words
      • 119 34 NEW ORLEANS, Louisiana The Mississippi River has been reopened to commercial traffic between 148 kmand 154 kmafter the US Coast Guard determined that a sunken barge would not affect river traffic. Earlier a collision between the Greek-flagged freighter Ocean Wind and a loaded grain barge blocked
        119 words
      • 65 34 RIO DE JANEIRO An explosion at the important soybean shipping port of Paranagua in southern Brazil killed at least three people and wounded four, local television reported. Seven people were working when the explosion occurred on the tenth floor of the port's main silo, Globo television
        65 words
      • 79 34 Munich, Germany A private twin-engine Cessna crashed upon landing at Munich airport on Saturday, killing all aboard, police said. The Cessna 421 was due to land in the southern German city of Augsburg but was diverted to the Munich-Riem airport because of poor visibility. Police
        79 words
      • 69 34 Chicago Air travel was back to normal at Ohare International Airport on Saturday after a computer circuit board failed on Friday night, knocking out radar and stopping more than 100 planes from landing or taking off. The outage was caused by a malfunction in
        69 words
      • 64 34 DUISBURG, Germany Transport group Lehnkering Montan Transport AG said it will raise dividend payout to 7.50 marks per share on 1990/91 results after seven marks in the previous year. The company said it would ask the shareholders' annual meeting on March 25 to authorise a capital
        64 words
    • 1348 34 DRY CARGO operators were undecided on the freight market outlook as they tried to reconcile the bearish impact of a vessel build-up, especially in the Atlantic, with bullish grain trade news, brokers said on Friday. The Baltic Freight Index fell 14 points to 1,502 after shedding 15 points
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    • 1192 34  -  Edwin McDowell finds people in motion all across the nation in a surprising upturn Edwin McDowell NYT AFTER two years of reduced travel, Americans are on the move again, producing an unexpected spurt in bookings for cruise ships, hotels and airlines in recent weeks. Trans-Atlantic
      NYT  -  1,192 words
    • 874 34 Page Col ABC Containerize 12 I Accord Group 8 1-3 APL 5 3-5 A PC Line 13 5 Arrow Inter 9 4 ASCL 5 9 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 10 I Bangladesh Shpg 8 5 The Bai.k
      874 words
    • 6253 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
      6,253 words
    • 3342 47 A xm.BC ontainerline NV: Belsin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Group: \ccord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel liner Service: Kim Shpg Trdg(S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S).
      3,342 words
    • 257 47 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express Travel Td: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844 Fax: *****16, *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. Cluster link Supplies A Services
      257 words
    • 1529 47 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-***** Fax: *****05. Aerosoeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50. Air
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    • 3399 48 ARGENTINA Buenos Aires: Port busy but no waiting time except for vessels with deepest draft which are limited to very few berths. Warehouses and fiscal areas for storage of import cargo continue to be congested. San Lorenzo: Port busy; 5 vessels in port of which 3 loading pellets/by-products,
      3,399 words
    • 1259 48 SHIP SALES TANKER RATES VESSELS ON OfFER Bulk Carriers Be h ram kaptan: 14,960 dwt and built Dec 1980 Caneco, best offers either charter-free or time-charter till Sept 1992 at USSS,OOO per day nett. Cereza: 21,080 dwt and built Apr 1982 Watanabe Hakata. brokers trying in excess of U557.75 million.
      1,259 words
    • 556 48 ARRIVALS I DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY NCA KZ203 B747F 0145 1 NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 1 SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL617 B747F 0345 1 TYO
      556 words
    • 651 48 CRUISE FERRY SCHEDULES CRUISE SHIPS An Dtp Name of Vessel ETA ETD Ports of Calls Port Agent IAN 28 28 Song of Flower 0800 2230 Sin-P Kelang Neptune Agencies 29 29 Cora Princess 1000 1800 Sin-Jakarta Sembawang Johnson 30 30 Asuka 0800 1900 Sin-Semarang-Caims NYK Agencies 30 30 Royal Pacific
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    • SHIPS IN PORT
      • 612 49 Vessd Voy No Berth AmK Deparhre Vessel Voy No Berth Arrivd Departure Marina Terminal 1 Batam M*i 010S92 M04 28 01/0500 Batam Sayang *****2 M04 alongside 28 01/2300 batamindo 1 152S M01 alor*side 2 7 01/1800 Blue Power 3 *****2 M04 28 01 0500 Jaya Bersama J346
        612 words
      • 230 49 iohore Port Berth. 1: New Line No t Barge Kuala StaK III; 2: nil; 3; ml; 4: Karyatis; 5; Pernas Sekoi. 6: Singapore Bridge Oi jetty; Bumeugah. DCJ: Gas iaya. Due on Jan 27: Anyuy. Silver Star, Hong Leong, Gina, Kin Line No 1, Arktis Pearl. Yelena
        230 words
      • 957 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Batoncc Rdts Sh|) Voy No Etb/Btr Period From To From ACX Rose 238 28/1930 I 27/1500 27/1659 27/1900 Al Muharraq 5 30/0100 1 27/1500 27/1659 27/1900 2 27/1700 28/0659 28/0900 3 28/0700 28/1159 28/1400 4 28/1200 28/1459 28/1700 Mi
        957 words
    • 253 50 AFP FANGCHENG, China When the 50,000-ton ne Inzhener Parkhonyuk set sail from Odessa on Nov 26, its 30-man crew did not suspect they were being set adrift on a sea of political upheaval. "My father is Ukrainian and my mother is
      AFP  -  253 words
    • 350 50 Reuter BOGOTA, Colombia Dockers in coffee producer Colombia's biggest port voted to strike over government privatisation plans, following similar votes in other ports, the private Colombian news agency Colprensa reported. Dockworkers at the Pacific port of Buenaventura held a general assembly on
      Reuter  -  350 words
    • 201 50 Reuter WASHINGTON Orders for American-made machine tools tumbled to a four-year low in 1991, as depressed auto sales battered the industry, the Association for Manufacturing Technology said. The trade group said new orders for 1991 totalled U552.64 billion (554.33 billion), down 11
      Reuter  -  201 words
    • 145 50 Reuter ISLAMABAD The Pakistani government said on Sunday it wanted to allow more private airlines in the country. Prime Minister Nawaz Sharifs Cabinet directed the Defence Ministry to invite applications for more airlines to operate on national and international routes, a government statement after a
      Reuter  -  145 words
    • 386 50 AP LOS ANGELES A plan to have the county build its own commuter rail cars after it dumped a Japanese contractor has been met with scepticism, with critics saying governments shouldn't be running factories. The Los Angeles County Transportation Commission's
      AP  -  386 words
    • 133 50 AFP TOKYO Mutsu, Japan's only nuclear-powered ship, was retired last Saturday, ending its controversial and troubled mission 23 years after being launched, officials said. Launched in 1969, Mutsu's trials were interrupted in 1974 after a radioactive leak which left the ship berthed for 16 years.
      AFP  -  133 words
  • Page 33 Advertisements
    • 172 33 <1? r ,i «S.« ONS PORV Welcome aboard the Harbour Lounge, 1 J a popular port of call with key personnel 7 of the Maritime Trade. Meet your counterparts and associates for excellent networking or simply to have a great time. V 1 M| I 50% discount off all drinks
      172 words
    • 19 33 t* r Assume c' Iyou are •1 fWX v planning a voyage into the j. trades of the future
      19 words
    • 211 33 Nedloyd FAR EAST TO EUROPE/ MEDITERRANEAN CALL: 221 8989 Air Forwarders 15 Air Freight Schedule 16 Container Schedule 17 Courier Services 15 Cruse I Ferry Schedules 16 Daly 2 Index to Advertisers 2 Port Conditions 16 Shaping Agents 15 Shppmg Gudc 10.11 Shipsales/Tanker Rates 16 Shps m Port 17 Singapore
      211 words

  • Page 34 Advertisements
    • 29 34 a oUm§ ami Mol(ii fipniiilitf Mirtiri «f tin ttbtiy «f Awdtoi |*fWly SMoataf Iwti Skmn Nattaari ttfe> KtMSiMt ?wg mwoiuob. \y^7,<y /•<*• adwrtiunK enquiries, contact Shipping I'imes: IW 740-2089/740- 2090
      29 words

  • Page 35 Advertisements
    • 2616 35 OOCL (8) PTE LTD JAROINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 Allil# BOOKINGS TEL: *****234 *****58 ■lIIIIM TERMINAL/CPS TEL: *****218 220 PBMMn PESAKA JAROINE SHtPPINQ AQENCIEB SON. BHD. L VWOf J PORT KELANG TEL: *****18 FAX: *****91 *****88 77"— PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Quality
      2,616 words
    • 1820 35 TRANSPORT DIARY Feb 21-24: Air Traffic Services in the 21st Century 4th Symposium, jointly organised by Civil Aviation Authority 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
      1,820 words
    • 1506 35 ■gimmi NEXT SAILINGS TO HONG KONG AND JAPAN ARTHUR MAERSK VOY. 9204 ETA SIN 3/2/92 LOUIS MAERSK VOY. 9204 ETA SIN 4/2/92 VMM Voy ETA I ETD Feeder by DESTINATIONS World Lynx/ Johanna to ma MM LOUM Maarak »304 ■QQnSZSBSIiSIBI&nEBSSZ&B&SZBXEESISBZaHi CY 4/2 0800 MRS Port Hi HHi HHiH Hi CFS
      1,506 words

  • Page 36 Advertisements
    • 1447 36 ROTT EDAM/1 L, VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE KASUQA 1 19/104 30/1 22/2 18/2 17/2 DRESDEN EXPRESS 03/304 2/2 19/2 21/2 24/2 25/2 HONGKONG EXPRESS 05/105 6/2 29/2 25/2 24/2 MONTE ROSA 17/305 8/2 28/2 28/2 2/3 3/3 KBttWPllPg ELBE 09/106 12/2 7/3 3/3 2/3 POT
      1,447 words
    • 741 36 BEASPAC SERVICE DIRECT SOUTH PACfIC SERVICE SIN NOU SUV PPT U BONTANQ 3106 EB IN PT 11/02 13/02 16/02 IMPERIAL 3202 EB 23-2S/02 12/03 15/03 20/03 Tranatt Time (13) (16) (22) ALSO ACCEPTMG CARGO MA SUVA TO LAUTOKA. PAGO PAGO. APIA. NUKUALOFA. P. VILA FASTEST SERVICE TO CHLE/PEWJ SIN CLX
      741 words
    • 1606 36 BlllAtlA Ulf MMW REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SM ALG BCL HAM BRt ROT ANT FFL LHA (VIA (MA (VIA ALG) HAM) ROT) NORASIA SUN 9147-3 05/02 25/02 27/02 02/03 03/03 03/03 04/03 04/03 05/03 NORASIA PRINCESS 9148 3 07/02 28/02 01/03 05/03 06/03 07/03 08/03
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  • Page 37 Advertisements
    • 1930 37 H STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 San ford Building Singapore 0208 Tel: *****88 Fa*: *****17 DUE SAIS SPORE B'KOK ¥0* Mmm. l(k. NN 31 |jn 0. Ftb S,"'™" 1 '!g o! 02 FEB B ES! JT«*ITS STAR *02t Muara. Skan. Tiw 30-31 ian 01 Ftb 03
      1,930 words
    • 2170 37 Wv •> SINGAPORE AGENT: P4O Containers (Singapore Agencies) Pte Ltd \S X fl(v/ VjUllidlllvl d is Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0206 1 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 W CR Number: **********0Z EXPORT IMPORT VIBML VOY -PNO UN ALO SOU
      2,170 words

  • Page 38 Advertisements
    • 480 38 "HI CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE PRE LUNAR NEW YEAR LOADER VSL/VOY SPORE ROAM AOAM H'BURG BREMEN ANTWERP |MTARAM 31WB 21/2 24/3 29/3 2/4 5/4 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subt«ct to Inducement. Also accepting cargo to C*Mbl«nc«, Port Said, Port Alexandria, Genoa, Trieete. ALSO
      480 words
    • 1340 38 HANJIN SHIPPING^ FDD Wl I SM I LINE HAUL IGB OAK FDR VSI SM IIME HAUL SAV LM NTC HANJM ROTTERDAM 017E 1/2 DIRECT 23/2 26/2 FISHGUARD BAT 202* 27/1 M PROSPERITY 0201 5/3 8/3 1/3 HANJM KAOHSAJNG 007E 10/2 DIRECT 2/3 5/3 HAN UN CHEJU 07SE 3/2 H. KOBE
      1,340 words
    • 1239 38 d-1 H""T3"=P"^fc It n»T»» K«» m "S, M" 6T 96 1,0 08 "C L* MMI T)f WG PS CM KL MP I I S2*«i? "i„ I,(I tin ,?/5 12(? Js'? L"? 21/2 11/3 11/1 M 3 »/3 a/3 20/3 27/3 H/4 7/4 17/4 21/4 2J/4 ??H* ,wl .Jo Jl'i 2
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  • Page 39 Advertisements
    • 1643 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) 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 AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2: *****53/*****50 NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33.
      1,643 words
    • 1018 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 J EASTBOUW-OBCtmWG WPTBOUP—LOMW6 TWWgWKD VIA ROTTERDAM" <rans not §m |ooji tip wr |na |tt
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  • Page 40 Advertisements
    • 1379 40 K" "W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W TEL *****77 TELEX KAWAKIRS23I6S FAX: *****07/^9 i M MALAYSIA: T UNE MARITIME (MALAYSIA) SON BHD 1 MrnJl A MmJ TEL SA *****00 PK *****01/5 PENANG *****0 J9 *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUTINTERNUSA TEL
      1,379 words
    • 727 40 PHILI-ORI€NT LIN€S PTC LTD f 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA.... /4||t V WE TAKE ON THE WORLD FOR YOU V MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AU9THALIA/HEW XEALAND/SOUTH W*CIW|Er r 30 JAN SYDNEY, MELBOURNE. BRISBANE.
      727 words
    • 390 40 GOLDEN LINE > VyT>v guan guan shppmg FSAA (PTE) LTD 1 23. TM htm SkMt KHfOK IIM TU *****U (II IMS) Fa: *****04 (CI N*. 10U155MIW) bt»ait»/»«miam oplf smtice S port P KH*m Penani fiOUO MMKSI CotoM»/Ur*cl> Dut» kPI OOLEE* KM Cotombo/K«acta/Dkta 0/10 F* BOUM STM Coto«ibo/H* add/Onto 4/1 Ih
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  • Page 41 Advertisements
    • 1074 41 sSSSmmmt pacific international lines (pte> ltd SSSSiI ■■|PIL Building, 140 Cecil Street KXWO, Singapore 0106. IOQSO67OOOQe VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN EDEN 091 28/1 31/1 4/2 Q KOZINTSEV 12* 28/1 1/2 4/2 EQUATOR MAS 34N 29/1 31/1 S/2 PEGASUS PROGRESS BUNQA TERATAI 063 2/2 4/2
      1,074 words
    • 1198 41 EacßenV I 1" CLASS CONTAINER TRANSPORT FEEDER VESSEL PENANG PKELANG OCEAN VSI/VOY SIN SOU (t) RTM (2) HAM (3) GOT (4) ANSON/TBN 24/J 25/1 BENARTY 2032 28/J 14/2 16/2 17/2 19/2 ANSON/TBN 31/1 1/2 ALSIA 2042 4/2 21/2 23/2 24/2 26/2 ANSON/TBN 7/2 8/2 BENAVON 2052 I_l/2 28/2 1/3 2/3
      1,198 words
    • 524 41 MYANMA wßk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spor« P.KIj Ptn P.Gdg AW* VII3W 4r In Pi t/Hik sum ttiw »/i r«b HPA-AR Ylf*» 1/10 Frt MTOMAYWA VI39M 16/11 Fit Iggl THIBAHKUHE (A 9*nric« of Andrew W*lr Shipping) i SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY I
      524 words

  • Page 42 Advertisements
    • 567 42 ISmITS^mN^TRAIT^ERvicE I SPECIALIST IN RO-RO HEAVY LIFTS I IN BOUND VESSELS I I SUIUEBM M 21/1 31/1 I 1# 31/1 ill I tSUTMKI 1$ 7/2 2 I OUTBOUND VESSELS I LOADHtC FOR SEN/NAC/TOK/NHH* I SEKI NAGOYA V 74 I ETA KUC 15/1 T.MANI lf/1 SIN 17/1 KK SLD I LOADING
      567 words
    • 73 42 __J^^R^WvSITOWALSERWCE^ S pore P.Kelang Loading for I n Rdm/Atw/UK/Nantes/Valencia I 1/2 Barcetona/Bdbao/Atw/UK I NORMAN MARINER 12/2 16/2 Rdm/Atw/UK/Nantes I [Spore Loading for I GLOBAL STAR 30/1 Jeddah/Aqaba I SAMMI BLONDE 1/2 Dubai/Dammam I TBW 9/2 Muscat/Dubai/Dammam/Kuwait I S pore Loading UK*TV Los Angeles/New Orleans/ I Charleston/Norfolk/Camden I PAW EXPRESS Los
      73 words
    • 62 42 WEEKLY Ml CONSOLIDATION j Wlmm BOMBAY MADRAS CALCUTTA COLOMBO KARACHI CHITTAGONG f 4788 FAX: *****83 SSI IBmH/SJA BIEJUtBIU SERVICE PHSL VESSEL KIUKIANG CAREER UMUOEN 10-14/1 ANTWERP 22/1 TO PORT KCLANG IS/2, SMGAPORE 21/2 KAOHSIUNG 28/2 TBI* ANTWERP 03-07/2/92 TO PORT KELAN6, SINGAPORE, HONGKONG, KAOHSJUNG, KEELUNG. MAM JAP. PORTS. j/ Uft
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  • Page 43 Advertisements
    • 1159 43 ■/gjg NEDLLOYD GIVES YOU DUBAI DIRECT vessel Jkt PJlg *Pen *Bkk Sn S*baya Auckland Fiji(A) NPlymouth(*) Tnuru LrttHton(B) fant4n(B) Napier Wefagton(C) Tatranga N Rochester/2101S<n 25/1 27/1 26/1 26/1 29/1 14/2 1/3 16/2 18/2 18/2 18/2 20/2 20/2 24/2 FECOCH VESSEL P.KLANO PCNANQ OCEAN VESSEL SW LE HAVRE(I) ROAM<I) tTBUROO) SHAVEN
      1,159 words

  • Page 44 Advertisements
    • 751 44 TO AUSTRALIA/NEW ZEALAND Tto iFrwn llMb |Syd Auck |»E |P OWN antwiipen m 375 iT? TiTi TiTF 2575 mTS MMTHA IZU TiTi 5/3 10/3 13/3 TsTj TiTi mm «*e H7~ 12/1 u/i m/j TTTi 2/4~~ T/i ■RUSSEL TU J/4 12/4 14/4 19/4 2S/4 nTi TO USA/CANAOA *v Tsi |S4« PtrtlChwtotton
      751 words
    • 816 44 EXPORTS TO HONGKONG, TAINAN, MAN*.A t JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE [OUTBOUND YOY PHI KIT RT SW MN HK6 KAO KEE TYO YOK SM2 NCO KOB VESSEL VOY |SM |PKL PEN SIR SM »cx DAISY 228 —27.1 1 28 1 31.1 4 2 11.2 112 122 132 AC* lAOE
      816 words
    • 258 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD im eta ETA SPOOE TOUT KEIMK PENANG BU* lADE 6/2 i/J Lo*)ing for Male OHMAI HUDHU 10/2 lending tor Calcutta DOLPION 10/2 loading for Malt men sunt* 4/2 loading For Male 00NMUIHI 1/2 In ft loaded for Fetoaru PROGRESS IBEATY 15/2 loading
      258 words
    • 1597 44 /tea CHINA OCEAN SHIPPING COMPANY FULL CONTAINKR LINER SERVICE nmS*!SS\ onir cniu our SKGAMKE S GBOAL »GENTS hxwin mm CHUNG OWOMmKaNM COSTAR SH| >p, NG pTE LTO p.T. GIOBAI PUTRA *<um-»•> m 2Hisoo/226i133 INDONESIA MARITIME PENANG TEL 820M1 TLX: MA ***** TELEX: IK 2M30/1 COSHP *T TEL: (021)*1«7. 3*1764 GUAN
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  • Page 45 Advertisements
    • 487 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 24 LINES) j LIMASSOL/PIREAUS 1/2 ROTTERDAM 1/2 i HAIFA/ASHDOO/ALEXANDRIA V 2 HAMBURG/BREMEN 1/2 MARSEILLE/FRANCE 172 FELIXSTOWE/UK 1/2 BARCELONA/SPAIN 172 LEHAVRE/ANTWERP 1/2 GENOA/ITALY 172 GOTHENBURG/SCANDINAVIA 1/2 LOS ANGELES/WC/IPI 1/2 SYDNEY/MELBOURNE 30/1 NEW YORK/EC 1/2 FREMANTLE 29/1 VANCOUVER
      487 words
    • 147 45 JE CONTAINER LINE T TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES FAR EAST JAKARTA 1/2 8/2 TOKYO 30/1 2/2 PORT KELANG 2/2 9/2 KOBE 2/2 9/2 PENANG 2/2 9/2 NAGOYA 2/2 9/2 MANILA 2/2 9/2 YOKOHAMA 2/2 9/2 BUSAN 3/2 10/2 OSAKA 31/1 5/2 BANGKOK 29/1 31/1 HONGKONG 31/1&
      147 words
    • 1017 45 fS RICHFIELD MARINE AGENCIES (S) PTE LTI S TEL: *****33 (12 Llnoo) BFAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line.) Pf\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOADING FOR SPORE ABBAY WONZ 31WB 15/02 OARESSALAAM MOMBASA DJIBOUT ASSAB MASSAWA ANOINET 27W8 21/03
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    • 863 45 5 JAKARTA BANGKOK I <wm m m fwaa |wr intoi mmtm Kill BHUM US 29/01 1/02 MAHA BHUM# 93N Wtd 29/01 s*t 1 0? I AKA BHUM 12tS 010? 05/0? Stt BHUM 491N fri 31/01 Tin 04/02 KITI BHUM US 05 02 08 02 IARU BWM J_3H Sun 02/02 Wd
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    • 1442 46 ■MMIMIIIIMIIMMIMIIIMMMMMNNNMaMMMNIIIIMMIMMaMNNMMMMMaMNMNIM S'PORE IMPORT: *****02 I PENANG: (04) *****6 SIBU: (084) *****9 KK: (088) *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 UK/SCAN/MED PORTS COLOMBO®. AFRICA I PFN PK SIN PEN PK S,N /r. DJ Colombo 6/2 7/2 8/2 1/2 2/2 3/2 Ldn/Fl*/Rdm/Ant
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  • Page 49 Advertisements
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  • Page 49 Miscellaneous
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  • Page 50 Advertisements
    • 1110 50 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FHCq WT m WD I»j IKHHIX WTUO W 0M Ut HOUL DOT MO TCtt/SM rn SEA R/WSR NOO2 23/01 lAIJUOU ME 31/01 01/02 21/02 22/02 TMNSWORID BR 75E 02/02 21/02 23/02
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    • 688 50 CHARTPOINT Every Saturday in Business Times i Our Consolidation Service To I: i I PENANG EVERY TUESDAY H I I PORT KELANG EVERY SATURDAY J; i BANGKOK-TWO TIMES A WEEK j SIN JKT PKL PEN BKK MNL JOH BSB tel *****11 *****66 *****98 *****8 *****29 *****76 *****1 *****3 fax *****59
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