The Business Times, 31 January 1992

Microfilm: NL17796
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    16 1 BUSINESS TIMES THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Friday, January 31, 1992 75*
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  • NEWS SUMMARY
    • Article
      US durable goods orders plunge 5pc in December
      78 1 WASHINGTON Orders to American factories for durable goods plunged an unexpectedly steep 5.0 per cent in December, the first decline in three months and the largest in more than a year, the government said on Thursday. The Commerce Department said the December
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    • Article
      M'sia posts modest trade surplus in Nov
      42 1 KUALA LUMPUR Malaysia has recorded a modest surplus of Ms6o million (Ss37 million) in its balance of trade in November 1991, the first time after continuously registering deficits since December 1990, the Statistics Department says.
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    • Article
      Call for foreign capital
      29 1 VIETNAM needs foreign capital for an electronic data network and to buy container trucks, says the vice-president of state-owned Vietnam National Maritime Corporation Page 2
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    • Article
      Greenspan on taxes
      33 1 US Federal Reserve Board chairman Alan Greenspan has told Congress that he does not think the White House and Congress need to cut taxes to lift the economy Page 2
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    • Article
      Plan for museum row
      26 1 SINGAPORE has unveiled plans to create a museum precinct that stretches from the former St Joseph's Institution to Fort Canning- Page 3
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    • Article
      Entrepreneurs' event
      31 1 THE inaugural Enterprise '92, where entrepreneurs in Singapore will have an opportunity to meet and learn from management gurus and successful businessmen, will be launched in August P«ge 4
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    • Article
      Laos to privatise firms
      23 1 LAOS is ready to privatise 670 lucrative state-owned enterprises, says a global business information and consultancy outfit Page 8
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    • Article
      Bonn lowers forecasts
      15 1 GERMANY has revised downwards its economic forecasts for this year Page 9
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    • Article
      Dowty investment
      29 1 BRITISH aerospace group Dowty has built a $70 million hydraulic centre in Singapore to expand its repair and overhaul services in the Asia-Pacif-ic Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      25 1 WALL STREET opened higher yesterday, with the Dow Jones index of leading industrials climbing 10.28 points to 3,235.24 five minutes after trading began.
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    • Article
      Footsie lower
      34 1 LONDON shares were lower at midday yesterday on worries about the direction on Wall Street. At 1200 GMT, the FTSE 100-Share Index was down one point, or 0.04 per cent, at 2,545.5.
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    • Article
      Four-wheel drives hit
      27 1 THE Malaysian Finance Ministry has raised the import duties for four-wheel drive vehicles in a move aimed at capping unbridled consumer spending Page 5
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    • Article
      Control of PAL
      29 1 A CONSORTIUM of Filipino businesses and banks headed by AB Capital Investment Corp has outbid two other groups to win control of Philippine Airlines Page 6
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    • Article
      IGB optimistic
      31 1 IGB BHD expects to reap sales of more than Ms3so million (Ss2l6 million) from its jointventure residential-cum-indus-trial development project with the Selangor Economic Development Corporation in Rawang Page 6
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    • Article, Illustration
      STOCK INDICES
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    • Article
      CURRENCIES
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    • Article
      COMMODITIES
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  • Article, Illustration
    Financial and business services in the limelight
    540 1  -  Sector, like manufacturing, now a target niche of foreign investors By Anna Teo SINGAPORE The financial and business services sector has, in a decade, all but caught up with manufacturing as the target niches of foreign investors here. While manufacturing, particularly electronics and
    540 words
  • Article, Illustration
    Lock icon Ringgit closes at 40-month high
    241 1 Bernama KUALA LUMPUR The ringgit, flexing its muscle strongly in the midst of the current bullish sentiment, surged to a 40-month high against the US dollar here yesterday. "It is a happy day for us," commented a local forex dealer after the local unit closed
    Bernama  -  241 words
  • Article
    Lock icon Tin price at 5-year low on strong M$
    249 1 AFP KUALA LUMPUR The price of tin yesterday sank to a new five-year low on the Kuala Lumpur Tin Market (KLTM) as the Malaysian ringgit's new-found strength undermined its attractiveness to foreign buyers. Tin closed two sen lower at M 514.17 (558.75)
    AFP  -  249 words
  • Article
    India allows foreign property ownership, use of trademarks
    454 1  -  From Rajendra Bajpai in NEW DELHI FOREIGN INVESTORS can buy property and buildings in India and to use their own trademarks under dramatic changes in the Foreign Exchange Regulations Act (Fera) announced by India's Reserve Bank. Reserve Bank governor S Venkataramanan told
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  • Article
    LKHS offers 48m shares at $1.05 each
    474 1  -  By Sylvia Wong SINGAPORE Construction firm Low Keng Huat (Singapore) Ltd (LKHS) is offering 48 million shares to the public at $1.05 apiece the first main board issue this year. The offer comprises 20 million new shares and 28 million vendor shares belonging
    474 words
  • Article
    New forecasting service for corporate results
    87 1 THE corporate results reporting season is abort to begin. To give renders an idea of what to expect, BT today starts a new service. We will publish daily in our share information service page the range of forecasts mnde by analysts of those company
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      149 1 CONTENTS Aircraft Schedule 29 Commodities 28 Company News 5.6 Crypto: Crossword 29 Edrtonal 10 Financial News 7 Futures Options 27 HK Tokyo Stocks 24 Interbank Fore* Rates 27 Jakarta/Bangkok Stocks 23 KLSE 21 Money Changer Rates 29 Money Market 27 Regional News 8 Regional Stock Markets 25 SES 18:20 Share
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      Page 1 Advertisements Column 2
      77 1 s J f WEST GEJLMAXY J Sole Agent: WONG BROTHERS SHOE TEL 2833 M3 Analysis, Pg 11 Gong Xi Fa Cai, Low Keng Huat S'pore, Pg 10 > 4 pvt rjfesT u 3 <• '< m m mam <. ».i >; .it t *.<£• sS* 1 TiMftllTT a. testoniBOLOONA ITALIA
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  • PAGE 2 NEWS
    • Article
      Hanoi seeks foreign capital for data network and trucks
      394 2  -  From Selva Kumar in HO CHI MINH CITY VIETNAM needs foreign capital for an electronic data network and to buy container trucks, but it is quite self-suf-ficient in warehouse facilities and freight forwarding services, said a senior official in Ho Chi
      394 words
    • Article
      Lock icon Taiwanese government to legalise cable television
      264 2 AP TAIPEI The Cabinet yesterday approved a proposed bill that would legalise cable television in Taiwan, breaking the government's monopoly on television. Cable television owners said, however, that the proposal contained so many restrictions that it would not open the market to free competition.
      AP  -  264 words
    • Article, Illustration
      Lock icon Greenspan says tax-cut plan unnecessary
      529 2 Reactions to President George Bush's State of the Union address He says Fed's recent interest rate cuts should suffice to pull US economy out of recession NYT WASHINGTON Saying that he expected the US cconomy to recover in the second quarter, Federal Reserve Board chairman
      NYT  -  529 words
    • Article
      Lock icon Buck passed to Congress: business leaders
      630 2 NYT WASHINGTON Leaders of American business offered a range of reactions to the economic proposals in President Bush's State of the Union Message, and disagreed sharply over the pressure the president put on Congress to enact legislation in an election year. "The investment tax
      NYT  -  630 words
    • Article
      Lock icon New US aid budget sees more going to ex-communist states
      369 2 Reuter WASHINGTON Reflecting changing times, President George Bush's new US$l4.7 billion (SS24 billion) foreign aid budget would pump new money into the former Soviet republics and Eastern Europe while decreasing assistance to waning allies like the Philippines. The budget for
      Reuter  -  369 words
    • Article
      Museum precinct planned from ex-SJI site to Fort Canning
      435 3  -  By Sylvia Wong SINGAPORE The government yesterday unveiled plans to create a museum precinct that stretches from the former St Joseph's Institution to Fort Canning. Five museums are to be set up within the precinct over the next 20 years. These
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    • Article, Illustration
      District of heritage, history and culture for one and all
      500 3 SINGAPORE An architectural panel will be put together this year to start work on the museum precinct's master-plan. The museums will be linked by common architectural themes, commercial complexes and underground passages. Land for the five museums has already been
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    • Article
      Lock icon HK far behind in high-tech race, warn manufacturers
      284 3 Reuter HONGKONG Hongkong is falling dangerously behind its competitors because it has failed to replace the traditional industries which have moved to China with hightechnology enterprises, the colony's main manufacturers 1 association said yesterday. Vicky Da vies, secretarygeneral of the Federation of
      Reuter  -  284 words
    • Article
      Lock icon Miyazawa to tell Bush Japan will act on pacts
      478 3 Americans remain unconvinced of Japan's sincerity Reuter TOKYO Prime Minister Kiichi Miyazawa of Japan, which is being blamed in part for the US recession, will assure President George Bush that Japan will act on agreements made during his trip here earlier
      Reuter  -  478 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      150 2 Japanese firms eye Vietnam, Pg 8 Aim for a bigger audience in ASIAN AER©SRACE'92 ASIAN AEROSRACE is considered one of the worlds most important air shows. Three of our newspapers will be publishing a special feature in conjunction with this great exhibition of air-power. Readers will get to read about
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    • Advertisement
      Page 2 Advertisements Column 2
      38 2 The Asian Wall Street Journal is back on the street in Singapore A limited number of subscriptions are now available Save 47% off the newsstand price Please call: Changi International Distribution Svcs Pte Ltd Tel: 747-5353 Fax: 746-4853
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      642 3 IREM JOINT CIDB-REDAS-IREM CERTIFICATE COURSE IN MANAGING REAL ESTATE AS AN INVESTMENT 23 March 28 March 1992 The Construction Industry Development Board (CIDB) and Real Estate Developers' Association of Singapore (REDAS) in collaboration with the Institute of Real Estate Management (IREM) from the United States are jointly setting up a
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      Page 3 Advertisements Column 2
      227 3 Going potty over pottery, pg 13 w c jp"** imm'm- TAIPEI'S MONGOLIAN RESTAURANT TRADITIONAL MONGOLIAN BARBECUE 25 TOP FUGHT MONGOLIAN BAR.B.Q. Originated from Taiwan PROSPERITY YU SHENG (By order from 8/2/92 to 18/2/02) $18++ for 4-8 persons $25++ for 8-10 persons Taipei Mongolian Restaurant 263# No. 263 Section 2, Hsin
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        Avoid touting contractors: Case
        68 4 THE Consumer Association of Singapore (Case) has expressed concern over recent cases of contractors touting for renovation jobs and customers losing deposits. Case said yesterday that its advisory council, the Renovation and Decoration Advisory Council (Radac), had taken steps to counteract the problem. From April 1,
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      • Article
        Australia to impose visa fee
        76 4 A As3o (SS36) FEE will be introduced from Monday for visitors to Australia seeking visas for stays of three to six months. Visas for visitors staying less than three months will remain free. Four-year multiple entry visitor visas will also be available from Monday for
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      • Article
        Mahathir leaves Singapore
        35 4 MALAYSIA'S Prime Minister, Datuk Sen Dr Mahathir Mohamad, was seen off by Singapore Prime Minister Goh Chok Tong yesterday morning at the Changi Airport. Dr Mahathir left Singapore on a special flight.
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      • Article
        Japanese chamber offers award
        50 4 THE Japanese Chamber of Commerce and Industry Singapore Foundation will again give an award to a Singaporean who has made a significant contribution to sport. Valued at $20,000, the award will be shared equally by the recipient and the national sports association he or she represents.
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    • Article, Illustration
      Jade House land up for sale
      322 4  -  By Colin Tan A 5,800 sq m (62,430 sq ft) piece of land along Nassim Road, on which the former Jade House used to sit, is up for sale. Located in the prime Orchard Road district, next to the Duty Free Shoppers' Le Classique
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    • Article, Illustration
      Conference to set afire the enterprising spirit
      336 4  -  Visit to two Singapore enterprises By Carolyn Lim SINGAPORE entrepreneurs will be able to meet and learn from management gurus and top-flight businessmen at the inaugural Enterprise '92 conference and exhibition in August. The Senior Minister of State for Trade and Industry, Lim
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    • Article
      HDB invites tenders for commercial and residential land in Tampines
      367 4  -  By Colin Tan UNDETERRED by the lack of interest in three commercial sites during its last land sale, the Housing and Development Board is inviting tenders for two more in Tampines. The sites covering 8,711 and 12,629 sq m are
      367 words
    • Article
      San Teh to boost output of rubber key pads
      231 4 SINGAPORE-listed San Teh Ltd has ambitious plans. The company, which aims to overtake Shinetsu of Japan as the world's biggest manufacturer of rubber key pads by 1995, will boost its output of key pads in China, Malaysia and Singapore, diversify its
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    • Article
      YCH expands
      234 4 THE YCH Transport group is expanding regionally to bring its services to countries such as Indonesia, Malaysia and Thailand, where its multi-national clients have ventured. "As our customers move into other countries in the region, they will also want us to service them there," said Robert Yap, managing
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    • Article
      No plans for 3-nation police teams on ships
      171 4 THE Singapore police are discussing separately with their Malaysian and Indonesian counterparts measures to tackle piracy in regional waters, the director of the CID said in a statement yesterday. But no proposal on joint deployment of police personnel from the three countries
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    • Article
      Marina Village faces another winding-up petition
      171 4 MARINA Village tyternational will face another wind-ing-up petition today in the Singapore High Court. Darek Construction Furnishing, one of list of creditors, said it is sjjll owed about $110,000 fof about $300,000 of furnishings it supplied to Marina Village. I The village which has
      171 words
    • Article, Illustration
      New look for Old Market
      208 4 SIR Stamford Raffles would never have dreamed that Tdok Ayer Market would look like this today (above) when he gave instructions 170 years ago for a wet market to be built on the site. The market, closed to the public eye for about seven years,
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      140 4 V is Fondue Feast In A Lunchtjme Special At Le Chalet m^is Delicious Swiss fondues are now served tafcinlimited helpings at the award-winning Le Chalet Restaurant at the Ladyhill Hotel. Priced at only $28.00 per person, our Fondue Feast includes a speciality soup (Gersten Suppe, Mousseline De Vollaille Jurassienne, Le
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  • COMPANY NEWS 1
    • Article
      M'sia slaps hefty duties on four-wheel drives
      761 5  -  Move to curb inflation sends motor stocks reeling From Leslie Lopez in KUALA LUMPUR IN A surprise move aimed at capping unbridled consumer spending, Malaysia's Finance Ministry raised the import duties for four-wheel-drive vehicles this week. Industry officials said this would force distributors
      761 words
    • Article
      Kanzen's interim earnings up 30pc
      225 5 KUALA LUMPUR Kanzen Bhd, formerly Dreamland Holdings Bhd, has posted a 30 per cent increase in group earnings to M 52.41 million (551.49 million) for the six months ended Dec 31, 1991. Releasing its interim results yesterday, Kanzen said that group pre-tax profit went up
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    • COMPANY BRIEFS
      • Article
        Metal Containers joins CPF trustee stocks list
        71 5 SINGAPORE Metal Containers Ltd has been added to the Central Provident Fund's list of trustee stocks. Under a new list released yesterday and effective from today, CPF members can invest in 106 trustee stocks, one convertible loan stock and four unit trusts. As
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      • Article
        SCS foreign holding hits 23.2 pc
        30 5 SINGAPORE Singapore Computer Systems Ltd has announced that its foreign shareholding as at Jan 29, 1992, was 23.203 per cent pending adjustment upon settlement.
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      • Article
        PCL assigns vessel to KL unit
        76 5 SINGAPORE Pacific Carriers Ltd has announced that its wholly owned subsidiary Semilang Shipping Pte Ltd, the purchaser of vessel Hull No 3024, will assign the title of the vessel to a related company, Aturanseni Sdn Bhd. The reason is that the vessel will be
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      • Article
        Wing Tai MD joins NOL board
        80 5 SINGAPORE Neptune Orient Lines has announced its board has approved the appointment of Cheng Wai Keung as a director to replace Chandra Das, who has resigned. The effective date of the resignation of Mr Das and the appointment of Mr Cheng is Jan 1,
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    • Article
      Lock icon KL plans to introduce index futures trading
      389 5 MBT KUALA LUMPUR The Kuala Lumpur Options and Financial Futures Exchange (Kloffe) may introduce index futures trading a year after equity options trading takes off. Trading in equity options is expected to be launched at the end of this year after legislation governing
      MBT  -  389 words
    • Article
      Pertama starts trading today
      123 5 SINGAPORE Electronic goods retailer Pertama Holdings Ltd, the first public share offer this year, starts trading on Sesdaq today. Pertama is expected to get a good reception as it is coming in time for the anticipated Lunar New Year rally. Investors' sentiments are expected to turn
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    • i 1' COMPANY BMEfS
      • Article
        Kwong Sang Hong plans HK$500m rights issue
        93 6 HONGKONG Kwong Sang Hong International Ltd said yesterday that it plans to raise HKSSOO million (S$ 105 million) through a rights issue of not less than 250 million new shares at HKS2.OS each. The property development arm of Peregrine Investments Holdings Ltd has
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      • Article
        Perrier's demand
        85 6 PARIS Source Perrier SA on Wednesday asked French competition authorities to annul a hostile 13.3 billion franc (Ss4 billion) takeover bid by Nestle SA, accusing the Swiss food giant of conspiring to put it out of business. Nestle and Cie de Suez of France made the offer on
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      • Article
        Daewoo plans to hire N Koreans
        75 6 SEOUL South Korea's Daewoo group is planning to employ up to 20,000 North Korean workers at its overseas construction sites. Press reports yesterday quoted the chairman of the group, Kim Woo-Choong, as telling the board of directors of the Federation of Korean Industries (FKI)
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      • Article
        Bethlehem Steel to cut 6,500 jobs
        102 6 NEW YORK Bethlehem Steel, the second largest steel producer in the US, on Wednesday announced a restructuring to stem its losses, including a 24.5 per cent cut in its labour force, the sale or closure of several businesses and the omission of its quarterly
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      • Article
        Formosa Plastics project gets nod
        74 6 TAIPEI Taiwan's Formosa Plastics group has won approval from environmental authorities to build a US$3.3 billion (555.4 billion) petrochemical complex on the island after a six-year delay, due mainly to anti-pollution protests. The project, one of the largest private industrial ventures ever undertaken in Taiwan,
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    • Article
      Lock icon BMW says 1991 profit higher than 1990's
      440 6 Reuter MUNICH Luxury car maker Bayerische Motoren Werke AG (BMW) said its group net profit in 1991 surpassed 1990's 695.9 million marks (SS7OB million). In an interim report about business in 1991, BMW said group sales rose to 29.8 billion marks from 27.18
      Reuter  -  440 words
    • Article
      Lock icon Special charges pare Philip Morris' earnings
      484 6 NYT NEW YORK Philip Morris Co said on Wednesday that its fourth-quarter net income fell 12.8 per cent to US$767 million (551.25 billion) because of charges related to an accounting change and the costs of revamping its worldwide food operations. Excluding the charges, the
      NYT  -  484 words
    • Article
      Lock icon Philippine Airlines stake sold for US$369m
      458 6 Consortium of 2 business families and Korean Air Lines wins bid Reuter MANILA A consortium linking two of the Philippines' leading business families and backed by Korean Air Lines yesterday won a three-way battle to bid for control of Philippine Airlines, Finance Secretary Jesus
      Reuter  -  458 words
    • Article
      Lock icon IGB expects more than M$350m in sales from Rawang project
      364 6 Bernama KUALA LUMPUR IGB Bhd has projected sales revenue exceeding Ms3so million (SS2I6 million) from its joint-venture residential-cum-industrial development project with the Selangor Economic Development Corporation (SEDC) in Rawang, managing director Tan Boon Seng said yesterday. He said the project,
      Bernama  -  364 words
    • Article
      Lock icon Lion Nathan to exercise option on Acil, not merge
      306 6 Reuter AUCKLAND New Zealand brewer Lion Nathan Ltd will not merge with Australian Consolidated Investments Ltd (Acil) as planned, Treasurer Malcolm Don said. Instead, Lion will proceed with an alternative of exercising a call option to acquire Aril's 50 per cent
      Reuter  -  306 words
    • Article
      Lock icon Marubeni chief queried over scandal: paper
      279 6 Reuter TOKYO A leading Japanese newspaper said yesterday that prosecutors had questioned the chairman of giant trading house Marubeni in connection with a scandal plaguing Prime Minister Kiichi Miyazawa. A Marubeni spokesman declined comment on Asahi Shimbun's report, saying: "The case is still under
      Reuter  -  279 words
    • Article
      Trading in Shenzhen shares for foreigners likely by end-Feb
      282 6 HONGKONG Chinese officials expect to open trading in 'B' shares for overseas investors on the Shenzhen Stock Exchange by the end of next month, with the first stock available likely to be China Southern Glass, the South China Morning Post reported
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    • Article, Illustration
      Lock icon McDonald's Corp fourth-quarter profits up 7.6 pc
      266 6 AP CHICAGO McDonald's Corp reported on Wednesday a 7.6 per cent increase in fourth-quarter earnings, mainly reflecting the opening of new restaurants, increased business abroad and its lowprice campaign. Net income for the fast-food giant rose to U*****.4 million, or 54 US cents
      AP  -  266 words
    • Article
      Lock icon Flood of new issues to brighten Aussie stock market this year
      582 6 Reuter SYDNEY A flood of new share issues and a swelling pool of cash looking for a home are likely to make 1992 the best year for Australian brokers since the 1987 market crash. The new issues are likely
      Reuter  -  582 words
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  • FINANCIAL NEWS
    • Article
      Indon bank's US$54m loan gets cool response
      302 7  -  Banks cautious as they near country credit limit Byl Kooi Cho Teng SINGAPORE A planned US$54 million (SsBB million) loan syndication for Indonesia's Bank Rakyat has received a cool response from lenders. The loan is to refinance an earlier loan to Bank Rakyat
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    • Article
      Lock icon Nikkei's fall could adversely affect banks
      417 7 But yen's rise may help to offset impact on bank ratios: BOJ official AFP TOKYO Some Japanese banks will have some difficulties with the value of their hidden reserves if the Nikkei Stock Average sinks below the range of between 20,000 and 21,000 points,
      AFP  -  417 words
    • Article
      Lock icon Japanese bank lending growth slowing down
      275 7 Reuter TOKYO Japanese commercial bank loans outstanding in the fourth quarter of 1991 grew 4.7 per cent from a year earlier, down from 5.3 per cent the previous quarter, due mainly to weak corporate demand, a Bank of Japan (BOJ) official said. Corporate demand
      Reuter  -  275 words
    • Article
      Lock icon EC proposes standard rules for insurance agents
      224 7 AFP BRUSSELS The European Community is proposing a register of insurance agents, brokers and other intermediaries, along with harmonised rules on their qualifications and activities, the EC's executive said here Tuesday. A spokesman for the European Commission said the move aimed at protecting
      AFP  -  224 words
    • Article
      Lock icon Mergers change 1991 rankings of US banks
      234 7 Reuter NEW YORK A clear picture of who will dominate US banking in the 1990s is emerging from the flurry of bank mergers announced in 1991 and can be seen in the changing rankings of the top 25 US banking companies. What follows
      Reuter  -  234 words
    • SMALL CHANGE
      • Article
        Canadian bank may sue six S Korean banks
        105 7 HONGKONG The National Bank of Canada (NBC) said yesterday it might file law suits against six South Korean banks which allegedly refused to honour letters of credit they claimcd a Korean company forged. Stephen Yu, manager of the bank's Hongkong branch, said
        105 words
      • Article
        Citibank not exposed to bonds
        86 7 NEW YORK Citicorp said on Wednesday it does not believe its Citibank unit has any exposure to a number of bonds that are appearing in the market which had been cancelled in 1986 or before. The company said in a statement that it has been
        86 words
      • Article
        Sanwa denies arranging merger
        95 7 TOKYO Sanwa Bank Ltd denied a newspaper report that it is arranging a merger between fraud lintel Toyo Shinkin Bank and Sanwa affiliate Taisho Bank Ltd. The daily Nikkan Kogyo Shimbun quoted unnamed sources as saying the merger aims at bailing out the financially strapped Toyo
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      • Article
        New S'pore coins sold out
        33 7 SINGAPORE The Board of Commissioners of Currency, Singapore, has announced that the Year of the Monkey design coins that were released on Jan 7 have been sold out
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      324 7 M\ '~V m r Ml hi m sw. Plk E MIZUNO livers The RLATIVE DYNAMIC K < V >*■ Performance Of A Ferrari. <V s IP J ■> Srt> mm -f WlmtM > ISSwPi m m ■■■■< mmm 1; f r; r V; IP** I v't m i .Ar V
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  • THE REGION
    • NOTE BOOK
      • Article
        Aussie growth unlikely to be higher than 1pc
        78 8 SYDNEY Reserve Bank of Australia assistant governor lan Macfarlane said the country's economic growth will be weak this year. "I think the outlook for growth will be a bit weaker than the consensus view although I would see a pick-up by the
        78 words
      • Article
        Cambodia may split up ministry
        62 8 PHNOM PENH The Phnom Penh National Assembly convened this week to consider new laws and to divide the all-powerful interior ministry into three new ministries. Western diplomats said the move was designed to circumvent scrutiny when the United Nations Transitional Authority in Cambodia came to
        62 words
      • Article
        US-Viet ties thawing
        72 8 WASHINGTON US and Vietnamese efforts to establish normal relations moved ahead on Wednesday as senior officials of the two countries met to discuss humanitarian assistance and other issues. Officials said it was the first time a representative of the Hanoi government had ever attended a meeting at
        72 words
      • Article
        Own mess, own clean-up funds
        69 8 NAGOYA, Japan Thailand will have to rely more on its own funds rather than foreign aid to clean up the environmental mess caused by the past decade of rapid industrial growth. According to Monthip Tabucanon, deputy director of the country's Environment Research and Training Centre,
        69 words
      • Article
        Farmers deny poison allegation
        89 8 SYDNEY Australian farmers yesterday angrily denied allegations in Japan that their rice exports contained excessive levels of chemicals. "It's all a bit of a dirty trick campaign by Japanese rice growers to protect their markets," said Jim Kennedy, general manager of the Ricegrowers Cooperative. "We are
        89 words
      • Article
        Yangon junta's 'democratic' move
        86 8 BANGKOK Myanmar's junta has said that its reshuffle this week was a step towards establishing democracy and designed to spur the economy. In the Cabinet reshuffle announced on Wednesday night by junta chief General Saw Maung, the military-appointed government has been expanded from 10 to 17
        86 words
    • Article
      Laos ready to privatise 670 state enterprises
      402 8  -  By Alec Almazan SINGAPORE Laos is set to privatise 670 lucrative state-owned enterprises or SOEs, a global business information and consultancy outfit reported recently. In its Jan 20 issue of Insight Indochina, Business International cited the profitable Lao Brewing Co (LBC) as being
      402 words
    • Article, Illustration
      Iseas sets up Indochina Unit, plans Myanmar Unit
      339 8  -  By Harish Mehta SINGAPORE A Singa-pore-based think-tank has set up an Indochina Unit and plans to establish a Myanmar Unit within a couple of years to beef up its regional coverage and promote understanding. The director of the Institute of Southeast Asian
      339 words
    • Article
      Lock icon Manila to ask Yangon to ease hold on Aung San Suu Kyi
      311 8 IHT SINGAPORE The Philippines, in a break with its partners in Asean, will ask Myanmar to ease restrictions on Aung San Suu Kyi, the 1991 Nobel Peace Prize winner, who is under house arrest. President Corazon Aquino said
      IHT  -  311 words
    • Article
      Lock icon Japanese firms eye Vietnam as Tokyo prepares to resume aid
      528 8 Reuter TOKYO As Japan prepares to resume aid suspended in 1979 to Vietnam, Japanese companies are gearing up to enter what they see as one of Asia's last frontiers, with enticing oil, coal and cheap labour. "Resumption of aid will
      Reuter  -  528 words
    • Article
      Bangkok postpones work on high-speed train
      278 8 BANGKOK The Thai Cabinet has deferred work on the high-speed train service between Bangkok and the eastern seaboard to enable the National Economic and Social Development Board (NESDB) to assess the proposal, says a report in Bangkok Post. Transport and Communications Minister Nukul Prachuabmoh
      278 words
    • Article
      Lock icon Church in Philippines plunges into election fray
      514 8 Cardinal Sin repeating '86 role of king-maker AFP MANILA The Roman Catholic hierarchy, the kingmaker in the Philippines' 1986 snap presidential election, is using its moral weight to try and shape the outcome of May's presidential poll, Church officials say. The Church is
      AFP  -  514 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      99 8 INVESTMENTS IN NEW ZEALAND Business Times SPECIAL FEATURE February 17,1992 X I hethemefor Business Times' special feature is "New Zealand Gathering Strength for Recovery". The feature will also coincide with a seminar in Singapore on investing in New Zealand. Readers can look forward to vital information on business opportunities given
      99 words
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  • THE WORLD
    • Article
      Lock icon Germany scales back economic forecasts
      561 9 Growth in west expected to slow down to I.spc NYT BONN The German government has scaled back its economic forecasts for this year, predicting a sharp decline in growth in western Germany and surging unemployment in the formerly communist east. Bonn released its annual economic
      NYT  -  561 words
    • Article
      Lock icon Ukraine and Iran sign oil barter deal
      208 9 Reuter KIEV Ukraine and Iran have signed a four-year deal worth USS7 billion (S$ 11.4 billion) in which Ukraine will get Iranian oil and gas for its own use as well as for processing and export. Deputy Prime Minister Konstantin Masik said on
      Reuter  -  208 words
    • Article, Illustration
      Snooze before the truce
      43 9 TEJUTLA, El Salvador A Salvadoran soldier taking a nap on Wednesday in the central plaza of this northern town in Chalatenango province, previously the scene of fighting during the country's civil war. A formal ceasefire goes into effect tomorrow.
      43 words
    • Article
      Lock icon Montreal protocol likely to hit South Korean exports
      435 9 OanaYonhap SEOUL South Korean exporters may be dealt a severe blow when member-nations of the Montreal protocol begin to restrict trade of ozonedestructive products in May, Economic Planning Board officials said on Wednesday. Korea plans to apply to join the protocol at
      Oana- Yonhap  -  435 words
    • Article
      Lock icon Deadline for N American free trade pact draft likely to be missed
      276 9 Reuter OTTAWA Negotiators for a North American free trade deal will miss their deadline today for reaching a so-called bracketed agreement on the deal, says a senior negotiator. "No, it won't be ready," said the Canadian negotiator, who
      Reuter  -  276 words
    • Article
      Lock icon Britain seen losing share of Japanese investment
      496 9 Reuter LONDON Britain may gradually lose its dominant share of Japanese direct investment in Europe as more firms shift their attention to potentially bigger markets on the continent, say Europebased Japanese analysts. But the analysts have not yet seen Japanese firms leaving Britain
      Reuter  -  496 words
    • WORLD WATCH
      • Article
        IMF approves US$2.1b loan to Brazil
        90 9 WASHINGTON The International Monetary Fund has approved a US$2.l billion (553.4 billion) loan for Brazil, a key requirement for the Third World's biggest borrower to get its debt burden in line. Experts see the agreement on Wednesday as a landmark for Brazil, which owes
        90 words
      • Article
        More jobless in Canada
        78 9 OTTAWA The number of Canadians claiming unemployment insurance benefits jumped 6 per cent between January and November last year. The Statistics Canada government agency said on Wednesday that in those 11 months, some 3.5 million claims for unemployment insurance were made. Owing to increased benefits, the
        78 words
      • Article
        Industrial spy ring uncovered
        98 9 ROME US and Italian intelligence agents have uncovered a spy ring operating in Italy that sold industrial secrets to a foreign power, the government announced on Wednesday. Media reports said the foreign power in question was the former Soviet Union and the information came from a
        98 words
      • Article
        Boost for reformist officials
        82 9 HONGKONG China's communist party will promote young and pragmatic officials who support the economic reforms of senior leader Deng Xiaoping when it meets late this year, says a pro-Beijing magazine. "The party will continue to promote those who are firmly in support of the political line
        82 words
      • Article
        Ireland unveils income tax cuts
        103 9 DUBLIN Irish Finance Minister Bertie Ahem, delivering the 1992 budget speech to Parliament on Wednesday, announced cuts in income tax and said it was time the Irish Republic had a broader based tax system. He reduced the basic rate of income to 27 per cent
        103 words
    • Article
      Lock icon Small gains from free trade pacts
      649 9 Latin America benefits little from such accords with US: World Bank FT LONDON The benefits to most Latin American countries of free trade pacts with the US are likely to be small, according to a new World Bank study. The report questions some gains
      FT  -  649 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      55 9 IF Keppel Finance Limited Keppel Factors Re Ltd (Members of the Keppel Group) you immediate cash advances. Let Keppel Finance and Keppel Factors ease your cash flow. Head Office: 15 McCallum Street #02-01/04 Natwest Centre Singapore 0106 Tel: 221 1811 Telex: RS ***** KEPFIN Fax: 222 8577 For enquiries, call
      55 words
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  • Article
    Jakarta market beckons
    479 10 EDITORIAL INDONESIA'S decision to allow foreign investors to buy bank shares is further evidence of Jakarta's growing confidence in the deregulated financial system it introduced only four years ago. Yet when Indonesia decided to remove restrictions on both its banking sector and capital markets in 1988, neither
    479 words
  • WHAT THE OTHERS SAY
    • Article
      Spur of real competition
      285 10 TICKETCHARGE, the operator of a computerised booking system to sell tickets, appears to have come up against a major snag in the form of Sistic, a competing system by Singapore Sports Council's Singapore Indoor Stadium. Besides tying up the exclusive ticketing rights for events at SIS
      285 words
    • Article
      Asean's new age
      94 10 THE RECENT 4th Asean Summit is a landmark. Asean has come of age. A timetable has been set Asean will work towards the full implementation of a free trade agreement by the year 2008. The new undertaking reflects the seriousness and singlemindedness of Asean leaders to shoulder
      94 words
    • Article
      A breakthrough
      136 10 CHINESE Premier Li Peng recently embarked on a visit to Italy, Switzerland, Portugal and Spain. He will then attend the United Nations Security Council summit before meeting US President Bush in New York. This shows that China's ties with the West have achieved a breakthrough. Italy has stressed
      136 words
  • REGIONAL VIEWPOINTS
    • Article
      Make peace with the past
      218 10 IT IS perhaps an indication of the Indonesian national psyche that, at least so far as the official statements are concerned, Indonesians appear to take a much more conciliatory view of Japan's deeds or misdeeds committed in this region during World War 11. This, of
      218 words
    • Article
      Beware creeping inflation
      135 10 ANOTHER ROUND of direct or indirect tax and fee increases would be a setback in the government's fight against inflation. The lifting of the freeze on government fees and charges next month could also force the inflation figure back upwards, as would any lifting of the mortgage
      135 words
    • Article
      A landmark achievement
      157 10 DIFFERENCES rooted in the economic nationalism of the individual Asean member states are not new. This goes a long way to explain why its achievements in the field of economic cooperation throughout the grouping's 25-year history have been far from satisfactory. Despite a proliferation of various economic
      157 words
  • Article, Illustration
    Gong Xi Fa Cai, Low Keng Huat S'pore!
    1547 10  -  Lilian Ang looks at the many pies LKHS has its fingers in, as the market awaits the prosperous building group's imminent listing with bated breath Lilian Ang THE AIR is charged with a sense of expectancy. And it's not just because Chinese
    1,547 words
  • Article
    LKHS, GCB: to each its own turf
    319 10 LOW KENG HUAT Singapore (LKHS) is a whollyowned subsidiary of General Corporation Bcrhad (GCB), which is listed on the Kuala Lumpur Stock Exchange. GCB is an investment holding company with diversified interests in construction, project management, property investment, manufacturing, trading, finance, insurance, plantations
    319 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      104 10 DOONESBURY BUSH STEPS UP TO TH£ TOU6H QUESTIONS.f I MYBOPYGOTARSALCONTRCMRSIALONeORUIANnO ma&A smr&mfTTiujw SOMt GUY THAT ReAUX MANIS TO BB TOUGH, SCM£ TOUGH GUY. MHO/srr K MAGC, tUHOS ON THATCOMMIS SW, FVUOHMNS IN THe FOOTSTEPS OF THe BPUCAWN THAT CHICK COOP HAS PUT FCRUJARP TO THe BEGINNING. IS SAYIN6, LOOK, UFeSTYU&
      104 words
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  • ANALYSIS
    • Article, Illustration
      Is Singapore still attractive?
      1804 11  -  A recent discussion took place at BT on the Department of Statistics' latest report on Foreign Equity Investment in Singapore. Anna Teo reports what the participants had to say about the problems of Singapore's changing economy Anna Teo ARE SINGAPORE'S days as a top-notch, top-end manufacturing
      1,804 words
    • Article, Illustration
      Where the top investors chose to put their money
      898 11 THE UNITED States, Japan, the United Kingdom, Hongkong and Malaysia were Singapore's top five investors through most of the '80s, but never in that order in any particular year. It would have been throughout the decade but for Malaysia having dropped
      898 words
    • Article, Illustration
      Pretty good pickings
      554 11 THEY MADE good returns, and, by and large, ploughed them back in. Foreign investors, who chalked up an average rate of return of 15 per cent during the '80s, retained up to half of their yearly earnings in Singapore for most years. Save for the 1984-1985 period,
      554 words
    • Article
      Forced marriages aren't fun
      299 11 IF LOCAL investors are encouraged to go for a bigger chunk of Singapore's total equity investment pie, it will not be through forced tie-ups and equity investment regulations. Expressing surprise at the 38 per cent foreign share of total equity investment in Singapore ("it's higher than
      299 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      1134 12 M Nothing Beats ABirt OF WHERE TO WINE, DINE... ORGANISE YOUR OWN KARAOKE.' It's your very own Karaoke party! King's Hotel has come up with a weekend Karaoke package for groups of 10-200 people from 12 noon to 5 pm. After your Penang Buffet Lunch, the Ist round of drinks
      1,134 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      657 12 TELEVISION AND RADIO Trouble in little China OUR CHOICE Chinatown, Bpm, SBC 12 Bizarre murder mystery that won an Oscar for best screenplay. Jack Nicholson plays a HammettChandler type private eye hired by femme fatale Faye Dunaway to spy on her husband. Then hubby gets killed but his real wife
      657 words
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  • LIFESTYLE
    • Article, Illustration
      Going potty over pottery
      827 13  -  Sylvia Wong meets a Hongkong businessman who is among the world's laigest collectors 01 historical Chinese artefacts Sylvia Wong YOU can tell that Mr TT Tsui is a serious antique collector because he perks up at the very mention of the word "ceramics", and then proceeds
      827 words
    • Article, Illustration
      Lock icon Three decades of YSL
      812 13  -  Mlchela Wrong reports on Yves Saint Laurent's celeoration of his 30th year in the rag trade Michela Wrong Reuter IN 1958, fashion columnists were all asking one question would the shy, gangly youth in the horn-rimmed spectacles be up to the task of replacing the late
      Reuter  -  812 words
    • Article, Illustration
      A book on the boss
      659 13 BRUCE SPRINGSTEEN has two new albums coming out in the spring and there will also be a new Springsteen biography on the shelves in June. Marc Eliot says his book, Down Thunder Road The Making of Bruce Springsteen, will show the boss as "different from
      659 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      246 13 AND ENTERTAIN UUw 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, SINGAPORE please call 732-1222 ext 1589. 55 "Sunday Jazz Brunch at the
      246 words
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      Page 13 Advertisements Column 2
      130 13 CHINESE NEW YEAR AT MARINA BAY CHINA CHINA RESTAURANT NISHIKI JAPANESE RESTAURANT Special set menus available from 3 (New Year's Eve) to 18 Feb 1992 (15th day) The Club will be closed on 4 Feb,1992. China China Restaurant opens from 1030 hours for Dian Xin on 5 Feb 1992. I'm
      130 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      77 14 I Are you ready for the smooth silk taste of the world s most popular single malt whisky? Have you enough experience to appreciate the quality of a Glenfiddich? Do you have the means to indulge in this pleasurable pursuit of the connoisseurs? Go for it. Reach for a Glenfiddich.
      77 words
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  • FOCUS
    • Article, Illustration
      Lock icon Insatiable appetite for acquisitions
      1724 15 It's a field day in Europe's food market, but Ovation may not lie in being bigger, but in developing niche markets, analysts say FT J UST when the fashion for large crossborder takeovers seems to be waning, the battle between Nestle of Switzerland and the Italian
      FT  -  1,724 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      310 15 c M E S BUS I N E S S NOT TELEPHONE: Toll-free Tel No :737 Fax No: 734 36Q8 top THE p CAP 50, AND lOFFUHO EITD(M Maiw\«ujNTW?r OMEN SMcrfthe Aoto*s°m« ■Ml MMttr 'f** company wMbe UMAtanue 4 Even 1440 «p I •MmA 1992*1100 *m. tor tfeetofleMngpurpoeea:(1) fcifwiwtmcMumi fhomtheuquwor
      310 words
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      Page 15 Advertisements Column 2
      221 15 NOTICE ii To tha holders of tha U*****,000,000 Floating Rate Notas Due 2001 ofr I NATIONAL BANK OF HUNGARY (Magyar Nemzethßank) SZABADSAG TER 8-9, BUDAPEST V,H-1850, HUNGARY We hereby certify that the ra» pt interest payable on the above mentioned Floating Rate Notes for the Interfesfl Period beginning on 31st
      221 words
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      Page 15 Advertisements Column 3
      342 15 UQUOR LICENCE NOTICE NOTICE IS HEREBY OVEN tot, I Wee Oar Pang of 421 Aaggol Road, Singapore 1954, km appied for a Retail Liquor Shop Lfcanca ii raped of pmriM at Mfr liaag Hang Brotoaa Co. at Aptßloct 3,Beacfc Road #01-4111, 0719, ad to* tofc application wfl ba heard la
      342 words
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      Page 15 Advertisements Column 4
      123 15 An opportunity (or children ol c\p;itri;itcs iind permanent residents in Sin<>;ipnrc Commencing February 17th 1992 English College at Woodlands will off* Secorekry (from Ye* 7) and PnUniversity (South Australisn Matric) programmes and from March 2nd 1992 First Year Undergraduate Courses. Hm undergraduate twinning programme is a flexible one wtth possibilities
      123 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon Stewart maps out strategy for Hall of Fame
      495 16 AP PEBBLE BEACH, California Payne Stewart has some lofty ambitions Hall of Fame stufT and a plan to attain them. "My focus now is to win all four majors,** Stewart said yesterday after a practice round for the Pebble Beach National Pro-Am.
      AP  -  495 words
    • Article
      Lock icon Japanese-led group makes offer for US baseball team
      283 16 AFP SEATTLE A Japanese-led group of investor! formally made their offer to buy the Seattle Mariners for USIIOO million (SSI63 million) on Wednesday. John Ellis, the spokesman for the group, met Marmara* president Gary Kaseff but owner Jeff SmuJyan, who was in
      AFP  -  283 words
    • Article, Illustration
      Lock icon Nippon edges out Ville de Paris
      375 17 America's Cup AP SAN DIEGO Nippon capitalised on an opponent's mistake and came from behind for a 29-second victory j over France's Ville de Paris in the fourth race of the America's Cup challenger selection series on Wednesday. The French had a masterful start,
      AP  -  375 words
    • Article
      Lock icon The Eagle is grounded — before the crash
      763 17 The Eagle is grounded before the crash NYT NEW YORK You proba- se dty don't even know the ski 5! jumper's name. As the ABC ju television voice intones "the th agony of defeat", Vinko Bo- rj gatai of Yugoslavia loses his te balance in a spinning tangle of arms
      NYT  -  763 words
    • SIDE LINES
      • Article
        Cason sets world record in 60-metre dash
        123 17 GHENT, Belgium Andre Cason set a new world record in the 60-metre dash at the Coke Light Indoor meeting on Wednesday, clocking 6.45 seconds and improving on the old mark of fellow-American Leroy Burrcll by 0.03 seconds. In his first final over the
        123 words
      • Article
        Namibia lifts ban
        50 17 WINDHOEK Positive changes in South Africa have led Namibia to lift a ban on sporting contacts with its neighbour. Youth and Sport Minister Pendukeni Ithana said yesterday that contact with sports that had become multi-racial be allowed, but those which were still racially segregated would remain taboo.
        50 words
      • Article
        Liverpool closes in
        55 17 LONDON Liverpool homed in on the English League front-runners on Wednesday night with a 2-0 win over champions Arsenal. A 44th-minute penalty from Danish international Jan Molby and a superb 65th-minute goal from Republic of Ireland midfielder Ray Houghton left |he Merseysiders eight points adrift of leaders
        55 words
      • Article
        Sheehan's knocking
        65 17 LAKE WORTH, Florida Patty Sheehan is knocking on the door of the LPGA Hall of Fame Sheehan, 35, is part of a strong field competing at the season's inaugural event, the Oldsmobile LPGA Classic at Wycliffe Golf and Country Club near Wellington which began yesterday. With 24 victories,
        65 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      846 16 THE TOKAI BANK LIMITED (Incorporated with limited liability In Japan) Head Office: 21-24. Nishiki 3-chome, Naka-ku, Nagoya NON-CONSOLIDATED BALANCE SHEETS March 31, 1990 and 1991 1990 (In ASSETS Cash and Due from Banks (Note 3) Cad Loans Commercial Paper and Other Debt Purchased Tradktg Account Securities (Note 4) Money Held
      846 words
    • Advertisement
      Page 16 Advertisements Column 2
      30 16 YEAR OF THE MONKEY: BULL r MAitKET FOR STOCKS? JkJtki. i. ON SALE Available at newsstands trom your newsvendor Times the Bookshops For subscription enquiries, call 256 5559 (toll free)
      30 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      133 17 g i Mm' m i t- %io.i •i I §111 mWM 0 r i t i i 3£? tl* 1 SMI 1! fs#§s \pi*yk3??' -j 4^ k 1 1 •i-i-l I *> RAFFERTY McNULTY BAKER-FINCH tf y LYLE SCOTT M of these gnat names in golf While the first three
      133 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      KL motor-related stocks take heavy beating
      790 18  -  By Quak Hiang Whai TRADING on the Singapore bourse was marked by heavy selling in Malaysian motor-related counters. Investors unloaded the counters in reaction to a new Malaysian government ruling which imposed the same duties on four-wheel-drive vehicles as passenger cars. Distributors in Malavsia
      790 words
    • Article, Illustration
      HOT STOCK
      67 18  -  Chew Eng Han Comment AS EXPECITD, UMW withstood selllag pressare last moath aad rallied to a hlfk af $2.90 Isat week. The sell-off siacc tbea kaa baca skar» mi ■ny coatlaae aa weekly sSackasHes start la tan dawa. A re-kat of $2JO la piaalfclr, or mi $2.10-2.13. Bat
      67 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    164 19 rprun Quoted have a par value of SI and traded m lots of 1000 shares each LttitriU unless otherwise specified ABN shares quoted n dolors. Information on Nasdaq stocks, other than that ®van above, was not avaMte Currency tradad SS unless otherwise specified. Adjusted for
    164 words
  • Page 19 Advertisements
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    121 20 I CfiCUn M < > uoM ht V -ue of SI traded m tots of 1.000 tfam each LLULIk/ unless othma specified AflN shares quoted m (Wars Mormatnn on h&daq stocks, other than thtt fiven above was not avertable Currency traded SJ unless otherwise specified
    121 words
  • Page 20 Advertisements
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Lack of buying incentives keeps investors at bay
      512 21 Bernama SHARE prices in Kuala Lumpur closed broadly easier yesterday on further liquidation with the key indicator slipping almost one per centage point as the lack of buying incentives kept buyers on the sidelines. Market players were unwilling to take up positions
      Bernama  -  512 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS FORECAST
      24 22 Forecast figures are contributed by Baring Securities, Crosby Securities. DBS Securities, GK Goh Seciirities, Hoare Govett Securities and Kay Hian James Capel.
      24 words
    • Article
      OTHER RESULTS DUE
      49 22 Net Profit represents consolidated earnings after provision for depreciat»n,interest charges, taxation and mmonty interests; t Interim; F: Final; (b) In million yen; (c): In Austrakan dollars, (d): In million gulders; (e) In HKJm; Profit before tax; TE: Tax Exempt; NA: Not Available; L: Loss; (f): USSm.
      49 words
    • Article
      AUDITED RESULTS
      2 22
      2 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      1659 22 Traas Registered Sabstaatial 1 Stock Date Itolder Sharahaldef/Direct or NOL 27/01/92 Street Names Temasek Holdings (Pte) Ltd DBS Foreign 27/01/92 Street Names Temasek Holdings (Pte) Ltd OBS Foreign 27/01/92 Street Names Temasek Holdings (Pte) Ltd SPC 27/01/92 OBS Nominees (Pte) Ltd Temasek Holdings (Pte) Ltd SIA 24/01/92
      1,659 words
    • Article
      PRELIMINARY RESULTS
      2 22
      2 words
    • Article
      INTERIM RESULTS
      118 22 Figures in brackets are for the previous corresponds period L: Loss. It Tan Exempted, W: Net, NYU: Not Yet Available, (a): Adiusted for scrip issues, (I): In million Dutch Florins, (e): Profit after tax. (d): In million HKJ, Company's profit, (0: In million yen, Profit after tai minority
      118 words
    • Article
      CORPORATE DEVELOPMENTS
      826 22 Jan 28 tnchcape Bhd has pulled all its Singapore-based shipping companies together under the umbrella of a new company called Inchcape Shipping Services (Singapore) Pte Ltd. Hongkong's Hopewel Hokfings Ltd and Malaysia's YTL Corporation Bhd are close to clinching a multi-billion dollar contract to build a power station
      826 words
    • Article
      DIVIDENDS ANNOUNCED
      122 22 M shares quoted have a par value at SI w*s otherms* speak* NYA Not Yet AradaMe. M Interest I Wanm; N Net If —T» Exempt S Specal Men* (a) Minted tor senp sue. (b) Frst and F«at: (c) Wu*s 4t special *v*t* (4) Includes 61 special dmdend: (t)
      122 words
    • Article
      APPROVED ISSUES
      2 22
      2 words
    • Article
      PROPOSED ISSUES
      2 22
      2 words
    • Article
      COMPANY MEETINGS
      125 22 (Man fairings Bhd: 3rd AGM at Asean Room, Lobby Floor. Hokday Inn On The Part, Jalan Pinang, Kuala Lumpur, on Friday, Jan 31, at 10am GoMw Pin Hohflnp Bhd: LGM at its registered office, 15th Floor, MCB Plaza, 6 Changkat Rata Chuian, ***** Kuala Lumpur, on Monday, Feb
      125 words
    • Article
      SCRIPLESS CONVERSION
      2 22
      2 words
    • Article
      RECORD HIGHS & LOWS
      3 22 RECORD HIGHS LOWS
      3 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      85 22 I cinci(iii| vjiuimi iu\i u; ioi.j "v.o iw.i -v.o "v o i^.u Alive vi prtoi tnaii n tiw urifi m|v s&scfc Mfluts m ciicnUtH Mtrpi Stow* lay Capital lalaiaattaaal Panpactfca. fiwn Mfeat mM Mil a art takaa frta a km af l#i at tfca bag
      85 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Property, finance lead as prices close mixed
      1840 23 Reuter BANGKOK share prices closed mixed yesterday and trading was heavy in property and finance issues, brokers said. The SET index ended 3.87 points lower at 764.70 on a high turnover of 7.19 billion baht. "What happened yesterday (to property and finance) is
      Reuter; SOURCE: PONT DATA  -  1,840 words
  • Article
    JAKARTA STOCK EXCHANGE
    3 23
    3 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      18 23 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in Business Times.
      18 words
    • Advertisement
      Page 23 Advertisements Column 2
      56 23 The Jakarta market report was not available. On the scoreboard (based on stocks listed in BT), 57 counters rose, 11 fell and 21 were traded unchanged. Where to qo for our magazines Difficulty in getting a copy of Her World, Go, Singapore Business, Home Decor, Young Parents? Call our Hotline
      56 words
    • Advertisement
      Page 23 Advertisements Column 3
      713 23 Toll-frMTW No: 737-0043 Fax No: 734 3686 f THE ATLAS ICE COMPANY, (Incorporated In Malaysia) NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the seventyseventh Annual General Meeting of the Company will be held at the Registered Office. No. 22 (Upper floor of No. 20) Jalan Hang Jebat, ***** Melaka
      713 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close firmer on rising confidence
      245 24 Reuter TOKYO stocks ended firmer on bargain hunting and futures-linked buying yesterday, though well off afternoon highs. Investors were feeling safer about buying, encouraged that heavy institutional selling ahead of the fiscal year-end appeared to be dwindling or finding buyers, brokers said. "People think
      Reuter  -  245 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Prices recoup early losses to close mixed
      238 24 AP SHARE prices on the Hongkong stock exchange closed mixed for the second consecutive session in decreased trading yesterday. The Hang Seng Index, the market's key indicator of blue chips, edged up 0.34 point, closing at 4,571.47. Turnover amounted to HK$ 1.756 billion,
      AP  -  238 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article
      Lock icon Fall in Wall St throws a damper on share prices
      393 25 Reuter UPI PRICES closed lower on the Sydney stock exchange yesterday after Wall Street plummeted about 48 points overnight, brokers said. "The market is disenchanted with the performance of overseas markets," said Potter Warburg Securities director Mark Fordree. "There is
      Reuter; UPI  -  393 words
  • REGIONAL STOCK MARKETS
    • Manila shares follow Wall St lower
      • Article
        MANILA
        175 25 SHARE prices in the Philippines fell yesterday as investors followed the lead of Wall Street in reflecting disappointment at the failure of President George Bush's State of the Union speech to lift the gloom on the ailing US economy. "Investors were not happy about President Bush's State of the
        175 words
      • Article
        TAIPEI
        156 25 THE Taiwan stock market concluded the Year of the Ram on the Chinese zodiac with share prices posting tiny gains yesterday. Extending Wednesday s 77.38-point advance, the benchmark 257-issue weighted price index wound up the last trading day of the lunar year at 5,391.63 points, with a rise of
        156 words
      • Article
        SEOUL
        135 25 SEOUL stocks snapped out of a two-day losing streak yesterday to close slightly higher on buying of recent laggards helped by improved sentiment, brokers said. The composite stock index rose 4.85 points to 664.13 on a turnover of 328 billion won against 363 billion won on Wednesday. "After two
        135 words
      • Article
        INDICES & TURNOVER
        54 25 INDICES TURNOVER Ow hlllWi Jaa 30 NEW ffftlltflff NZSE-40 Capital unav 1.468.55 Turnover (NlSmillion) unav 28.5 MAMLA Composite Index 1.231.03 1,242.04 11.01 Turnover (million) 855.08 1.070 -***** TJUPCl Weighted Price Index 5.391.63 5.390.05 f 1.58 Turnover (NTS btllion) 56.55 53.08 +3.47 SEOUL Composite Stock Index 664.13 659.28 +4.85 Turnover (billion
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        Untitled
        0 25
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  • WORLD STOCK MARKETS
    • US stocks plunge in choppy trading
      • Article, Illustration
        NEW YORK
        564 26 STOCKS in New York nose-dived from record highs in volatile trading on Wednesday, dragged down by comput-er-guided sell programs and weak bond prices following unfavourable comments by Federal Reserve chairman Alan Greenspan. The Dow Jones Industrial Average, which surged 31.53 points to a record high of 3,272.14 on
        564 words
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        LONODON
        230 26 THE London stock market put in a closing spurt on Wednesday, tailing a rally on Wall Street, but it still ended the day weaker in a session dominated by light profit-taking and special situations. The blue-chip Financial Times Stock Exchange 100-share index closed 5.5 points lower to 2,546.5. The
        230 words
      • Article
        FRANKFURT
        94 26 THE Frankfurt stock market was weak on Wednesday, with the DAX spot index losing 10.68 points on the day to close at 1,672.40. The Commerzbank index fell back 3.70 points to 1,927.50. Dealers said investors feared a slide on Wall Street after Mr Bush's State of the Union message,
        94 words
      • Article
        AMSTERDAM
        133 26 DUTCH shares ended weaker on Wednesday after what traders termed a technical correction of recent bullishness. Unease at Tuesday's State of the Union address grew into negative sentiment as Wall Steet opened lower. The EOE index ended 2.19 points off at 292.39. Dealers said bearishness was aggravated by selling
        133 words
      • Article
        PARIS
        191 26 FRENCH share prices ended lower on Wednesday in moderate trade as the blue-chip CAC 40 index fought shy of breaching heavy resistance at 1,900, dealers said. The index closed 14.80 points lower at 1,875.80 with 1.2 billion francs' worth of shares changing hands. "This is a really serious level.
        191 words
      • Article
        MILAN
        170 26 ITALIAN shares closed unchanged on Wednesday after profit-taking ate into early gains prompted by a record close on Wall Street on Tuesday. Brokers said trading was thin, in line with Tuesday's 87 billion lire, with several blue chips trading lower on the kerb. Shares in computer maker Olivetti lost
        170 words
      • Article
        STOCKHOLM
        99 26 PRICES on the Stockholm bourse closed lower on Wednesday after the Volvo/Procordia merger failed to get government support and due to uncertainty ahead of February's string of 1991 company results. The bourse general index fell 0.96 per cent to 964.51 in turnover of 542 million crowns. Volvo fell five
        99 words
      • Article
        JOHANNESBURG
        196 26 SHARE trading remained basically directionless on Wednesday in the absence of any fresh incentives to stimulate the market either way, dealers said. Most of the attention centred on the banking sector where ABSA, South Africa's largest finance group, ended the day 75 cents lower at 10.65 rand in heavy
        196 words
      • Article
        TORONTO
        125 26 TORONTO stocks plunged on Wednesday in late dealings after US Federal Reserve chairman Alan Greenspan said the economy could be revived without further fiscal or monetary changes. Analysts said the fall in Toronto mirrored a tumble in New York caused by falling bond prices. Mr Greenspan told a US
        125 words
      • Article
        Untitled
        4 26 Source: Z-Landerbank Bank Austria
        4 words
      • Article
        INDICES & TURNOVER
        75 26 INDICES TURNOVER NEW YORK Close Prr»io«« Jan 29 Dow Jones SAP 500 Turnover (million) 3.224.96 410.34 249 00 3,272.14 -47.18 414.96 -4.62 217.18 +31.82 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.965.8 2.546.5 475.1 1,973 8 2.552.0 551.8 -8.0 -5.5 -76.7 FRANKFURT DAX Index 1,672.40 1,683.08 10.68 AMSTERDAM EOE
        75 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Dollar off highs against mark in late Asian trade
      1176 27 REPORTS Tokyo: The dollar cased from earlier highs at around 1.6100 marks in late technically-dominated Asian trade yesterday, but was still higher than New York closing levels, dealers said. It was barely changed against the yen. A dealer at a German
      1,176 words
    • Article
      INTERBANK FOREX RATES
      10 27 Source: UOB Source: Astley Pearce Source: OCBC
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      MONEY MARKET
      39 27 Rates quoted by Astley Pearce Rates quoted by NatWest Note Based on latest issues Source: The Monetary Authority of Singapore Central hank discount rates Average of 12 banks, Hoat Source: National Westminster Bank Source: National Westminster Bank
      39 words
    • Article
      Lock icon Canadian dollar may fall Anther against US unit
      391 27 Reuter NEW YORK The Canadian dollar will face a rough time keeping in sync with the US currency this year because Canadian short-term rates are poised to decline while US rates are likely to gain, analysts said. Even more important than yield
      Reuter  -  391 words
    • Article
      Lock icon World Bank arm denies suspension
      281 27 Reuter LONDON The International Finance Corporation (IPC), the private-sector arm of the World Bank, has not been suspended from issuing paper in the Spanish matador bond market, said its treasurer Robert Graffam. "We have not been suspended," Mr Graffam said in Washington in a telephone
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      FINANCIAL FUTURES
      2 27
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  • COMMODITIES
    • Article
      Lock icon Inro gets over $30m to bolster rubber prices
      376 28 AFP KUALA LUMPUR The International Natural Rubber Organisation (Inro) said on Wednesday that member countries have paid more than Msso million (5530.7 million) to finance intervention to bolster prices. Aldo Hofmeister, Inro's buffer stock manager, said he was still waiting to collect
      AFP  -  376 words
    • Article
      Lock icon Lack of unity limits Brazil coffee policy
      294 28 Reuter BRASILIA Divisions among Brazil's coffee growers and producers over whether and how far to support a return to export quotas mean the government will not put forward a firm Brazilian proposal in negotiations next week in London, industry sources said. The differences
      Reuter  -  294 words
    • Article
      S'pore robber closes higher in thin trade
      825 28 REPORTS RUBBER prices closed higher across the board yesterday with sentiment aided by the firmness on the Japanese rubber market, dealers said. Tokyo's gains led to some covering interest here with prices of both sheet rubber and TSR-20 Award market advancing. But trading
      825 words
  • Article
    PRICES
    3 28 Source: UOB
    3 words
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      646 28 BUSINESS TIM E S w LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that I, Chua Chin Leng of 1510 King's Road #22-15, Farrer Court, Singapore 1026, have applied tor a Liquor Licence Public House 2nd Class in respect of premises at Raffles Marina Ltd at Plot A. ***** Mutom 7,
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      6 28 Innovation Technology in BT every Tuesday
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    326 29 AIRLINE COOES: Al- A* IreM (AW. AY- Fnw 0* (FIN), AZ: AMM (AZA). BA: Brtßah Always Puttc Ud Co (BAW), BG: B*rwi Pan»adeah A«lmes (BBC), B Wtyal Brunei ArtnM Ltd (RBA). BfttVA Always Corpn. CA: Mr China (CCA), CI: ChrtAMnaa Ud (CAL)CV: Carfdto Artnw InrernaoooaSA Arj^LM
    326 words
  • THE TRAVEL PAGE
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      41 29 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details. W« kmw Europe from iUrt to Ftnni«h.
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      6 29 Innovation Technology in BT every Tuesday
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      69 29 AKAN DATANG (Coming soon to a theatre near you) iJ'r mr~.r. *<• >• (S» r'X. 'i; V ;V: if i n& m ■<• >••• fy fc;»S -'■v- '.< :V» v y.^s 3 t M X 4 ■pgAi >•'• IMS 1 U r 0 JACKIE CHAN'S FIRST BED SCENE £T CINEMA
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  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      294 29 CRYPTIC CROSSWORD ACROSS 1 A person considering a road safety devicc (9) 9 Late acknowledgement (7) 10 Flora will have fun interrupting people of intelligence (7) 11 Chat and lie maybe, which is quite OK (7) 12 Sharp suit taken from a paper carrier (5-4) 14 Springs from a seat
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    • Miscellaneous
      Page 29 Miscellaneous Column 2
      41 29 WEATHER Singapore Outlook: Showers over a few areas in the afternoon. Report Maximum temperature 31.0 Assoc humidity 71% Minimum temperature 24.2 Assoc humidity 92% Hours of sunshine 2.95 Rainfall in mm Trace Rainfall this month 83.9 Rainy days this month 9
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    • Miscellaneous
      Page 29 Miscellaneous Column 3
      29 29 BnStoW: ?&LjLJLci£!r£ I MP<TeTH>S J08... I OPT\C€- 1 TW»S D6S^-— i HPTC rnv cotte^Gues... SORRS JONCS I uf*s mites PUPA/, w RIST)UJ V o ■j ASSOCIATED NtWlfAffM LTD.. IM2-IM2
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  • Article
    Lock icon Yeltsin and Major sign military and economic accord
    451 30 US, Russia likely to agree on deep new N-arms cuts Agencies LONDON Russian President Boris Yeltsin and British Prime Minister John Major yesterday signed a joint declaration on military and economic cooperation, including a pledge to work together for the "reduction of
    Agencies  -  451 words
  • Article
    Lock icon Middle East meeting ends on upbeat note
    375 30 Agencies MOSCOW The multinational Middle East conference has ended on an upbeat note with Arab, Israeli and Western delegates set to hold a scries of meetings around the world this spring and explore ways to achieve peace in the region. Although marred by
    Agencies  -  375 words
  • Article
    Lock icon Prospect of Russian border row raised
    352 30 Reuter MOSCOW Russian VicePresident Alexander Rutskoi yesterday raised the spectre of worsening border disputes with Ukraine, saying the country would not give up "a handful of sacred Russian soil". Mr Rutskoi, writing in the daily Pravda newspaper, also launched a new attack on the
    Reuter  -  352 words
  • Article, Illustration
    Lock icon 10 former Soviet republics join CSCE
    350 30 AP PRAGUE Ten former Soviet republics were accepted as new members of the Conference on Security and Cooperation in Europe at the opening of a foreign ministers' meeting yesterday. The move by the CSCE would help bolster democracy in the new states emerging from
    AP  -  350 words
  • Article
    Lock icon Cabinet reshuffle a move to democracy: Myanmar junta
    253 30 Reuter YANGON Myanmar's military junta has named three new members and announced a minor cabinet reshuffle, portraying the moves as steps towards democracy. An announcement on state radio on Wednesday night confirmed a civilian, Ohn Gyaw, as foreign minister. He was appointed
    Reuter  -  253 words
  • Article
    Lock icon China lauds US, Russian nuclear proposals but won't join in
    295 30 Reuter BEIJING China wclcomcd proposals by the United States and Russia to liquidate thousands of nuclear missiles, but said yesterday it saw no need to follow suit immediately with nuclear cuts of its own. "The two nuclcar countries which possess
    Reuter  -  295 words
  • Page 30 Advertisements
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      166 30 TheWorkJ's Finest Photographic System Nikon Price Specials See SBC Text Ch. 8 Pg. 188 (3 pages) hama Photo* Video German Design Quality (Monday to Saturday: 9 am 5.30 pm) Regardless of brand, model or condition, your old gadget bag is worth 30 purchase of V»ne bag) GRAND SALES Al photo
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      226 30 The World's Finest Photographic System Nikon Price Specials See SBC Text Ch. 8 Pg. 188 (3 pages) ATtfiw Seminar on Banking and Merchant Banking Laws and Regulations KPMG Peat Marwick Management Consultants will be holding a seminar on the major provisions in the Banking Act and the major banking and
      226 words
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  • SHIPPING TIMES
    • Article, Illustration
      Dowty sets up $70m hydraulic centre in S'pore
      318 31  -  By Dexter Lee SINGAPORE British acrospace group Dowty has built a $70 million hydraulic ccntrc in Singapore to expand its repair and overhaul scrviccs in the Asia-Pa-cific. The new 60,000 sq ft workshop, next to Changi Airport, will be officially opened on
      318 words
    • Article
      Lock icon Indon police patrol nabs six pirates
      189 31 AFP JAKARTA An Indonesian naval police patrol has nabbed six pirates operating in the international sea lane in the Malacca Strait, press reports said here yesterday. The pirates had just robbed the Saudi Arabian tanker Al Jarra and were trying to flee with their
      AFP  -  189 words
    • Article
      INDEX TO ADVERTISERS
      3 31
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    • Article
      Lock icon Boeing profit up 26.7 pc in fourth quarter
      334 31 AFP SEATTLE Boeing, the world's leading aeronautics firm, announced on Wednesday that a sharp increase in airliner sales helped fuel a 26.7 per cent jump in net profits for the fourth quarter of fiscal 1991, compared with the same period in 1990.
      AFP  -  334 words
    • Article
      CWT to pioneer stacking containers seven-high
      396 31  -  By Juliette Walker SINGAPORE CWT Distribution is expanding not only outward but upward as part of its ongoing renewal programme designed to support Singapore's image as the region's distribution hub. In 1990, CWT completed its 36,000 sq metre Distripark in Jurong, believed to be
      396 words
    • Article
      Lock icon McDonnell sees strong 1992 profits
      270 31 Reuter CHICAGO McDonnell Douglas Corp said 1992 earnings from its transport aircraft segment should match 1991 levels despite fewer jetliner deliveries and higher development costs. Herbert Lanese, McDonnell chief financial officer, told Reuters in an interview that continued cost reductions at the company's Douglas Aircraft
      Reuter  -  270 words
    • NEWS SUMMARY
      • Article
        Asian airlines going it alone
        55 31 ASIA's airlines are largely spuming a trend among their US and European rivals to merge into global "megacarriers", saying cooperation is fine but equity tie-ups often just don't work. Many East Asian carriers, riding a crest of surging economic growth, simply don't need equity partners.
        55 words
      • Article
        United expected to cut capital spending
        70 31 UAL CORP's United Airlines is expected to announce along with a record fourth-quarter loss that it is cutting back on capital spending, Kidder, Peabody Co analyst Samuel Buttrick said on Wednesday. Mr Buttrick said "it is my conjecture" that the cuts would involve United's
        70 words
      • Article
        Crew error may be cause of Airbus crash
        44 31 FRENCH AUTHORITIES have suggested that crew error in computer handling might have caused the crash of an Airbus Industrie A 320 Airbus passenger plane in eastern France last week in which 87 people died Back Page
        44 words
      • Article
        Crossair to fly jets from London City airport
        30 31 SWISSAIR subsidiary Crossair will start flying jets into Lapdon City airport from March 30, the regional carrier said on Wednesday Back Page
        30 words
    • LOG BOOK
      • Article
        Liberian tanker refloated off Venezuela
        57 32 LONDON The Liberian tanker Chemical Venture, loaded with approximately 27,000 tonnes of light gasoil, has now been refloated with the help of tugs, Lloyd's Shipping Intelligence Service said. The 29,247-dwt vessel ran aground off Amuay Bay, Venezuela, two days ago. After being refloated, the vessel
        57 words
      • Article
        Vessel runs aground at Inchon
        27 32 LONDON The 9,836-dwt Panamanian vessel Southern Trader has run aground at the South Korean port of Inchon, Lloyd's Shipping Intelligence Service said.
        27 words
      • Article
        Japan, Russia in air, sea talks
        78 32 TOKYO Japan and Russia are considering direct shipping services and flights, Foreign Minister Michio Watanabe told parliament on Wednesday. Japan's Ministry of Transport and the Russian government are discussing regular shipping services between Sakhalin island in the Russian Far East and Japan's northern island
        78 words
      • Article
        Airlines adjourn link talks
        103 32 STOCKHOLM The board of Aktiebolaget Aerotransport (ABA), owner of the Swedish stake of Scandinavian Airlines Systems (SAS), has again adjourned a meeting which was expected to discuss a possible merger between SAS and Swedish domestic airline Linjeflyg AB. An ABA spokeswoman did not say if the
        103 words
      • Article
        Fokker players down order report
        85 32 AMSTERDAM Koninklijke Nederlandse Vliegtuigenfabriek Fokker NV played down an article in the Dutch daily Algemene Dagblad which said it was close to winning a big aircraft order from Scandinavian Airlines System. A Fokker spokesman said the company was holding routine talks with SAS, but had
        85 words
      • Article
        Capsized tug off Singapore
        61 32 LONDON The Singapore shipping authorities have asked vessels west of Singapore to navigate with caution because of the presence of a capsized tug in the area, Lloyd's Shipping Intelligence Service said. The tug and the 39,630-dwt Philippine bulker Bonito collided on Wednesday. Four survivors were rescued
        61 words
      • Article
        Bulker towed into Cadiz
        49 32 LONDON The Bulgarian-registered bulker Bulgaria has arrived at Cadiz under tow from harbour tugs after a fire in its exhaust gas boiler, Lloyd's Shipping Intelligence Service said. The 52,700-dwt vessel, which is on a voyage from Chioggia to New Orleans, will be repaired at Cadiz.
        49 words
    • Article, Illustration
      Lock icon Asian airlines going it alone
      938 32  -  Many East Asian airlines do not subscribe to the theory that global alliances help them survive and even prosper in an increasingly competitive and rapidly-changing industry. David Stamp reports David Stamp Reuter ASIA's airlines are largely spurning a trend among their US and European rivals
      Reuter  -  938 words
    • Article
      DAILY FREIGHTS
      886 32 DRY CARGO brokers again saw freight rates soften virtually across the board as the Baltic Freight Index fell 21 points to 1,447, brokers said on Wednesday. One fertiliser route saw a marginal rise. The BFI has now fallen 84 points since last Thursday and suffered the heaviest loss
      886 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      85 32 This report is based on samples as analysed by Veritas Petroleum Services and is an abstract from its more detailed fuel quality statistics which art mailed to participating shipowners. Key hunker ports have been grouped in geographical regions for brevity. Comparison has boon made with the
      85 words
    • Article
      THE SHIPPING GUIDE
      5647 40 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
      5,647 words
    • SHIPS IN PORT
    • Article
      Lock icon Crossair to fly jets from London City airport
      211 48 Reuter LONDON Swissair subsidiary Crossair will start flying jets into London City airport from March 30, the regional carrier said in a statement on Wednesday. The news is a boost for construction company John Mowlem and Co, 90 per cent owner of
      Reuter  -  211 words
    • Article
      Lock icon United Airlines expected to cut capital spending
      374 48 Reuter CHICAGO UAL Corp's United Airlines is expected to announce along with a record fourthquarter loss that it is cutting back on capital spending, Kidder, Peabody Co analyst Samuel Buttricksaid on Wednesday. Mr Bi'trick said "it is my conjecture" that the cuts would
      Reuter  -  374 words
    • Article
      Lock icon French officials point to crew error in Airbus crash
      202 48 Reuter PARIS French authorities have suggested that crew error in computer handling might have caused the crash of an Airbus Industrie A 320 Airbus passenger plane in eastern France last week in which 87 people died. A French civil aviation authority
      Reuter  -  202 words
    • Article
      Lock icon Germany seeking financing for roads
      187 48 Reuter BONN The German government announced on Wednesday that private companies and banks would be invited to finance the building of new roads and railways. Transport Minister Guenther Krause was authorised by the Cabinet to seek private capital for a new three billion mark (SS3.07
      Reuter  -  187 words
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      8 31 For advertising enquiries, contact Shipping Times Tel 740-2089/740-2090
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      128 31 THE /r* 5 FAMOUS HOT LINE 224 1833 For more information please refer to Pg. 13 CONTENTS Contaner Schedule 17 Darfy Freights 2 Index to Advertisers 1 Shppdi Gude 10,11 Sl*ps m Port 17 S«i(apore Tides 17 Transport Diary 3 Veritas Report 2 Weather and Sea Condrtnns 17 SOME OF
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      915 33 M Dedicated to Quality Service OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 BOOKINGS TEL: *****234 *****58 TERMINAL/CFS TEL: *****218 220 PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. PORT KELANG TEL: *****18 FAX: *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 IPOH TEL: *****3/4 FAX: *****6
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      1033 33 TRANSPORT DIARY eb 21-24: Air Traffic Services in the 21st Century 4th ymposium, jointly organised by Civil Aviation Authority of ingapore. Federal Aviation Administration, USA, Departlent of Civil Aviation, France and State Institute for Air [avigation, USSR at the Raflles City Convention Centre. For irther information please contact Singapore Aviation
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      178 33 MAERSK LINE 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 East Canada US Atlantic US Gulf California All Water Sp _v LAUST MAERSK SL EXPRESS 9203 169W TYO 7/2 14/2 HKT YOK HGO_ »!2 IS/2 KOB 9/2
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      911 34 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT 1. Ml POOT CAMO TO tK/CONTICNT IK* wnosra COOOKCIMM. I Ml tNVMDITt TO Also xcepting carp to: M UK t N. Continent inland destinations. Belfast. Dubfci. Copenhajen. Airbus, Gothenburj, Malmo, Helsinki, Oslo, Amsterdam, Caribbean, S. America, Ceuta, Meßa I Canary Islands. CONTAINER SERVICE FROM
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      394 34 CSAV Compana SudAmencana de VApoi Chilean Lme Est 1872 SEASPAC SERVICE WRECT SOUTH PACFIC SERVICE IMPERIAL 3202 EB PALEMBANG 3301 EB Transit Ttnw SIN 23-28/2 11-27/3 MOU SUV PPT 12/03 15/03 20/03 7/4 10/4 14/4 (13) (161 (22) ALSO ACCEPTMG CARGO VU SUVA TO lAUTOKA. PAGO PAGO. APIA NUKUALOFA, P
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      808 34 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE ALSO ACCEPTMG CARGO TO ALL U.K. OESTMATKMS, SCANDMAVIAN (AARHUS. COPENHAGEN, GOTHENBURG) AND OTHER EUROPEAN MLAND PORTS. VALENCIA VIA ALGERCMAS WESTBOUND FOR MEDITERRANEAN VIA VALETTA SM CLM VLI PBS ALX PSO NORASIA SUN 9147-3 05/02 09/02 21/02 25/02 26/02 27/02 NORASIA PRINCESS 91*8-3
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      818 35 STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa#: *****17 SERVICE TO SABAH, SARAWAK BRUNEI SIRJUfS VENTURE SIHAIIS SIM MIM4 BROOKE SIMMS HOrt VOX Mutri, lib. KK ¥021 Huii, Skan. In VO4E kkura. Ilk. KK MX Muari Skan. law ACCEPTS CARGO 31 lan
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      Page 35 Advertisements Column 2
      1702 35 P&O Containers SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z EXPORT IMPORT TO UK CONTINENT JEDDAH FROM UK CONTINENT JEDDAH Also ACCEPTING FCL/LCI FOR All
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      332 36 DJAKARTA LLOYD INDONESIAN NATIONAL LINE CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/VOY MAIARAJ* 31WB SPO«£ 21/2 ROAM ADAM H'BURG BREMEN ANTWERP 24/3 29/3 2/4 5/4 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONT AINERISED CARGO Sublet to Indocamant. Also accapting cargo to Casablanca, Port Said, Port Alaxandria, Oanoa, Triaata.
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      848 36 HANJIN SHIPPING TO USA PACIFIC SOUTH WEST TO EAST COAST (ALL WATER SERVICE) FDR VSL SM HANJM ROTTERDAM 017E 1/2 HANJM KAOMSRJNG 00 7E 10/2 HANJM BREMEN 002E 16/2 HANJIN HAMBURG 00* 1/3 HANJM ELIZABETH 0031 9/3 HANJM VANCOUVER 008E 16/3 Abo accepting feeler Opentop. fUtracti etc to Sin Francisco
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      815 36 m Wt ttt M 0» «T 9B no l« 08 w we IH» IW Ilf W M S» (a art kou aji 4/2 11/2 12/2 i«/ 2 17/2 11/2 a/2 21/2 22/2 21/2 4/3 11/3 21/3 21/) 31/3 1/4 2/« 3/« a/a ia/a a/4 21/4 a/A I BUM) K M
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      1130 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) f .V mm NEPTUNELINK TEL DOCUMENTATION DEPT TERMINAL OFFICE IMPORT CFS MB2 EXPORT CFS MB2 *****00 (TOLL-FREE) *****44/*****14 *****22 *****69/*****96 *****53/*****50 NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33. P Kelang-<O3) *****67, Penang-(04) *****0. J.Bahru-(07) *****3. *****4 PTI INTI TRIDENT NUSANTRA INDONESIA
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      404 37 sinsov K p L en°a (REGULAR INDEPENDENT SERVICE) BALT ORIENT LINE ~A I T < \NAI>A iim: FULL CONTAINERSHIP SERVICES VIA ROTTERDAM FOR DISCHARGE ONLY Pananf EB/WB Apnwnh 1 Acccptanct at cjrpn to 4 Empoan and Scandbtavun (land dninatant through foodor (orvieat and hailap via above baw ports. Mbao Labon
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      1143 38 HK LINE KAWASAKI KISEN KAISHA, LTD EXPORT TtAMßira-Pitein^^ AS AGENTS: MALAYSIA: INDONESIA: KAWASAKI SINGAPORE (PTE) LTD ICR NoM2Utt»OOOM) TEL *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 "K" LINE MARITIME (MALAYSIA) SON BHD TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 P.T. SARANA LALTT INTERNUSA TEL: JKT *****76. *****77. *****08 FEEDft
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      Page 38 Advertisements Column 2
      456 38 PHILI-OMCNT UN€S PTC LTD 4^ V" 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 O# BY AIR, LAND OR SEA.... 4|fe HSgU WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 7 FEB SYDNEY, MELBOURNE. BRISBANE. FREMANTLE 17 FEB
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      Page 38 Advertisements Column 3
      373 38 oa GOLDEN LINE > GUAN GUAN SHAPING (PTE) LTO 23. Tetok >r« Street SMGAPOK IIM TU 5343*1 (II L>CS) (ti *****04 (C* Ik ********** HI) j/WMiAMflßira S'pore P. KeUng Penang BXOOI KM CotomOo Karachi Duto l/lIU GOLKN STM Cotomtß brach Dv&» 4/i Ha china tmncK A VSI China Port 14/11
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      Page 39 Advertisements Column 1
      760 39 PIL PACIFIC INTERNATIONAL LINES (PTE) LTD PIL Building, 140 Cecil Street *0340, Singapore 0106. REGIONAL CONTAINER SERVICES [SlMaranSTsuMßaVa 1 TAIWAN VESSEL QOWA KOTA BAHAGIA KOTA MELATI VOY GOW 303 KBQ 204 KML 203 SIN 1/2 3/2 3/2 SRG SIN SBY 6/2 6/2 10/2 6/2 9/2 VESSEL BUNQA MELOR BUNGA RAVA
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      Page 39 Advertisements Column 2
      1578 39 EacßenV f CLASS CONffINER TRANSPORT Xl'Rlas (ON [\IM SIR\I(T TO IK-NORTII COSTNFNT«ANDI\'\\IA WEEKLY NOTE:- 1) SOU LE HAVRE/BELFAST/BILBAO/DUBLIN 2) RTM PARIS/BASEL/ANTWERP/CORK 3) HAM COPENHAGEN/AARHUS/VIENNA/WARSAW/GYDINIA 4) GOT OSLO/HEISINKI CLOSING TIME Fa: 4/2 0700 MRS LCI: 3/2 1700 MRS [XPRFSn COM WW RSI K\l( I I KON! $C\NDINA\TA-\ORTH COMINf NT I K
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      Page 40 Advertisements Column 1
      511 40 Sun Hup Co (Pte) Lt *< 1 .ASTKKX CAR I.INKK I.T STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO ft HEAVY LIFTS IN BOUND VESSELS mifUMC FOB SEM/MAC/TOK/NAHA SEKI KOCHI VB2 ETA KUC 25/1 KK 27/1 SDK 21/1 TAW INPT LOADING FOR CALCUTTA SEKI AKEISHI VIS ETA SP SLD PK INPT
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      Page 40 Advertisements Column 2
      131 40 7N pan ocean PAN) SHIPPING V V COMPANY LTD REGULAR CONVENTIONAL SERVICES, TO UK CONTINENT PORTS rr^ H. OUWCORFF NORMAN MAMO S'pore PKelang loading for 31/1 Rdm/AJw/UK/Nantes/VjJeflcn 1/2 Barcdoaa/Britoo/At«/UK 12/2 11/2 Hda/Alw/UK/Nantes TO MIDDLE EAST PORTS I GLOBAL STAR GLORY SKY S'pore Loading (or 2/2 ieddah/Aqaba 10/2 Muscat/Dubai/Oammam/Kuwait TO USA
      131 words
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      Page 40 Advertisements Column 3
      167 40 LCL CONSOLIDATIONS CHI SIN ALL POINTS OF BEUING CHANGCHUN CHENGDU CHONGQING FUZHOU GUILIN HARBIN KUMMING NANNING QUANZHOU SHEKOU SHENYANG SHENZHEN WUHAN XIAMENXIAN ZHENGZHOU CO MlViCiiAinii tnLnwnvu i /SHENZHIN SHIPPING n (t? Tel: 227 4-788 Fax: 227 2Q83 EUROPE/S.E.A. BREAKBULK SERVICE VESSEL KUKIANG CAREER iym 10-14/1 ANTWERP 22/1 TO PORT KELANG
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      378 41 /EKE NEDLLOYD GIVES YOU EUROPE EXPRESS TO EUROPE (NORTH CONTINENT UK SCANDINAVIA) WEEKLY NEW ZEALAND FIJI FCC OCR VESSEL P.KLANQ PEN ANO OCEAN VESSEL SIN LC HAVRE) J) R*DAM(I) M'SURO(i) S*MAVCN F'STOWI 1 "HAMPTON QWM TO RED SEA EAST MEDITERRANEAN (1) Hthinki. Stockholm. Gothonburf. Copanhaian Aahuv (Wo (2) I«K»y Granftraulh.
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      Page 42 Advertisements Column 1
      582 42 TO AUSTRALIA/NEW ZEALANO TO USA/CANADA USA Houston, Savannah. Norto* Baltinort. New York CANADA —Montreal. Toronto FROM USA/CANADA/EUROPE/MEDITERRANEAN 1 I R\ I \(.l I 1; BELSIN SHIPPING AGENCIES PTE. LTD. si H \(,i:\TS, MACOLINE f. TFI fA 221?84T TEt "0 i FA* 0« 167 .u<tTFl Si 1 4k) FA 0? S'
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      Page 42 Advertisements Column 2
      621 42 T.S.K. LINE (TOKYO SENT\KU KAISHA, LTD) STORE AGENT TSKLINE AGENCIES (S) PTE LTi) 70 SHENTON WAY #04-01 MARINA HOUSE STORE OJO7 TEL: *****63 EAX: 2261 )72/3 TLX: ***** TSKSIN EXPORTS TO HONGKONG. TAJ*AN, MAM.A I JAPAN TWCE WEEKLY" MALACCA STRAUS SERVICE (AISO ACCEPIMG fa 10 BMCKOH/CHMt/OSMD/MOI/HMUm/HMOSMMO/SHaUSM/MM/BMMi) IMPORTS FROM JAPAN, TAIWAN
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      Page 42 Advertisements Column 3
      922 42 CHINA OCEAN SHIPPING COMPANY FULL HALAYWI AGENTS CHUNG CHIAO SHIPPING SON BHD KL ID.: *****91/17 FU: *****92. ***** t KLANC m 3CSSIOC/I TLX MA ***** POMNG TEL (***** TU: MA ***** GUAN GUAN SHIPPING SON BHD PJQJNG TEL: 3tt92M/7, *****55 FAX 03-*****(4 TLX: MA ***** fOUNG TEL 04-(134«7/(2545< FAX: 04-SI77M
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      Page 43 Advertisements Column 1
      343 43 m FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S'PORE 0207 HOT LINE: *****33 24 LINES) PORT KLANG PH: 03/*****66 (12 LINES) II PENANG: 04/*****7 (10 LINES) dP FARGO SHIPPING Call our TOLL FREE LINES at 566-4833 WE ARE OFFERING THE MOST UNBELIEVABLE RATES FOR OUR CONSOLIDATION SERVICES TO
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      Page 43 Advertisements Column 2
      808 43 "7 m RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 LIom) FAX: *****19/*****03 TELEX: RS ***** RtSHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL ~E KIEW HUNS LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO USO
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      Page 43 Advertisements Column 3
      598 43 ratio Re- ioml C"onuiincr Lines JAKARTA U« BHUM !2tS 01/02 05/02 BANGKOK smm _a_ Sn BHUM M PI 31/01 T« 04/0? KITI BHUM m 05/0? 00/02 KANT* BHUM 75N 02/02 05/02 AAA BHUM im 0/02 11/02 THANA BHUM# 07N Tin 04/02 07/02 20S 12/02 15/02 MAHA BHUM# 5/02 Sit Jl*.
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      411 44 S'PORE MM EXPORT: *****22 IMPORT: *****02 PENANG: (04) *****6 P.KELANG: (03) *****1 SIBU: (084) *****9 7 JAKARTA: (21) *****32 KK: (088 *****0 TAWAU: (089) *****9 KUCHING: (082) *****3 SURABAYA: (31) *****0 PEN PK m)\ si %*sBi /V v ?'v SIN mm Colombo Durban/Pt Louis Pt Klang Penang PEN PK 6/2
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      Page 44 Advertisements Column 2
      352 44 AUSTASIA LINE AND MERLION SHIPPING AGENCY BLUE STAR LINE "SINGAPORE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS MULBERA KS MAKSIM 0514 PROSPECT 17S SM 10/2 10/2 4/1 22/2 2/3 IC/3 LTT SM 23/2 12/3 4/3 21/3 l«/ 3 4/4 FULLY CONTAINERISED SAILINOS DISCHARGING
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      Page 44 Advertisements Column 3
      675 44 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO Mia MgW QUftilA dERVtCEt VESSEL VOY PUS HKQ SIN POM HON NORO RAB LAE EQUATOR RUBY 6/92S 29/01 09/02 12/02 16/02
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      Page 45 Advertisements Column 1
      561 45 Everett Lines COMPANIA PERUANA TOKI DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI. 10* I OTHER PERUVIAN PORTS* WITH T/S AT KOBE OH CPV THROUGH BILL Of LADING. WgV'EVERETT ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTING BREAKBULK/SOC CARGOES TO/FROM KOBE. YOKOHAMA, NAGOYA, MOA. TOKYO*. MANN.A*. DAVAO*. Penjof*
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      Page 45 Advertisements Column 2
      156 45 Bl GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0 UK SP PKL PNG KAO TIMBER TRADER VI 2/1 7/1 16/1 TIMBER GLORY 7/1 9/1 15/1 25/1 SP PKL HCM HK KAO GLORY SELATAN-VIII 3/2 6/2 ACCEPT CLASS
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      Page 45 Advertisements Column 3
      415 45 MULTI-MODE SHIPPING PTE LTD WEEKLY CONSOL SERVICE MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI OAMMAN SHARIAH. DOHA MUSCAT BAHRAIN ABU CHIABI BANDAR ABBAS KDOAH FAR EAST ACCEPTING FCL/LCL PENANG P/KELANG. JAKARTA. BANGKOK HONG KONG TAIWAN JAPAN MAN H A KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE. LEEDS TILBURY ABERDEEN. IE HARVE. HAMBURG ROUE
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      Page 45 Advertisements Column 4
      532 45 LUCKY SEAWAY SERVICES PTE LTD TLX ***** FAX *****77 ASEAN/CHINA SERVICES wssn sgp pk Q SHAN 10/02 P. GU PNG P GUDANC KIN FOR HUANGPU/SHANGHAI 22/02 OAIIAN/QMGOAO MAORAS/COLOMBO/BOMBAYKAAACHI SERVICES VANGOON KTN sv n pn V. IMG 00/02 Y. TANG 23/02 m KARACM/COIOMBO COLOMBO FCtACL SERVICES TBN TON TBN 10-12/02 17
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      Page 45 Advertisements Column 5
      262 45 PTC CONTAINER LINES C CL LCL SERVICE S§ FM EAST 28/1 KEELUNG/KAOHSIUNG 01/2 BANGKOK 31/1 MANILA/CEBU 01/2 JAKARTA/BELAWAN/SURABAYA 27/1 PORT KELANG/PENANG/E. Malaysia 03/2 BUSAN 03/2 TOKYO/YOKO/KOBE/NGO/OSA 03/2 HONG KONG SIN CMM 03/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EMtOK/UK 03/2 LDN/FLX/LVP/SOU 03/2 ROM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo
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      287 46 FIL CONTAINER SERVICES PTE LTD MADRAS CALCUTTA VBL SIN/CALCUTTA SM CM sat KIT AMIABLE 23 24/01 30-03/02 01-10/02 24-27/01 02-00/02 1213/02 01-02/02 00-12/02 10-19/02 HONGKONG SCANOMAVIA. BEL GUM. SPAM, EUROPE. INLAND PORTS. TAINAN. CHMA, JAPAN, KARACHI. BOMBAY, MDOLE EAST. AFRICA. USA. ICXICO. CANADA AND VARIOUS OTHERS. NON-CONF. AND CONF RATES
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      Page 46 Advertisements Column 2
      453 46 Bontetm J cfa v.\ CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION TOUR FIRST CHOICE TO:— AUCKLAND 10 FEB NEW PLYMOUTH, WELLINGTON, LYTTLETON, NAPIER, HAMILTON, CHRISTCHURCH, DUNEDIN, PORT CHALMERS (KATHLEEN/ NICHOLAS/ MARILYN) P.Kelang: 03-*****32 Penang: 04-*****7/*****4 PGSL WORLDWIDE vftr PANAMA GLOBE STUMERS LINES REGULAR FCL SERVICE TO THE FOLLOWING PORTS
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      Page 46 Advertisements Column 3
      433 46 Next Week's Sailings Singapore Tel: 778 6522 Fax: 779 2738 Esther Yap Johore Tel: 07-*****8 Fax: 07-*****3 Alfred Ng INCHCAPE SHIPPING SERVICES (S) PTE LTD Tel: *****11 Fu: *****11 CK: **********0 C ihe na wm shipping company of saudi arabia COMMa/ItOJtO/eKEMMJLK SOVKfS SAUOI TABUK FEA 054 I 06/02 OAM 16/02
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      Page 46 Advertisements Column 4
      319 46 CENTRAL EXPRESS LINES MANILA VIGOUR PACIFIC VIGOUR SINGAPORE ETA 55N8 19NB 1/2 8/2 FOR BOOKINGS CENTRAL EXPRESS S PORE -*****6* EAGIEUNfcR PENANG 04 *253J1 E-AGLELINER PORT Kf LANG 01 -1****** CHINESE-POLISH JOINT STOCK SHIPPING CO CONTAINER fBREAKBULK W I S I HI H \l i SM M/S ÜBAI V.19 15/2
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      Page 47 Advertisements Column 1
      307 47 JOC VOC VQC VQC VO C VAN OMMEREN CETECO GROUP :> TRANSPORT DIVISION VOTAINER CONSOLIDATION SERVICES: THE ONLY CONSQUOATSRWITH WORLDWIDE NETWORK Weekly FCIACL Services To/from USA Baltimore: Votalner Consolidation Services J| Boston: Boston Consolidation Services. Jii CNago: VoWner Consolidation Services. Dalai: Votalner ConoHdaOon Services. Detroit Votalner Consolldallon Sewtcos|i§|| LA: Votalner
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      Page 47 Advertisements Column 2
      15 47 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times
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      161 47 STAGER FREIGHT SERVICES PTE LTD TEL 273-3838 FAX: 274-1100 Ptc 03-*****60 PEK 04-*****2 •JKT: 21-*****1 •88Y: 31-*****0 A va%*ita ■mm r> AMMJIiiM EUROPE DISTRIBUTION SERVICE UP. LIVING IT EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lighUy, but even when we
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      330 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 MOO 0700 0100 0900 **********00 *****400 *****C00 **********00 2000 2100 22M 23N JR 18 17 16 1.5 16 1.7 20 23 25 26 25 2 3 20 16 13 1.0 08 0 7 0 7
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      Page 48 Advertisements Column 1
      554 48 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. FULLY CONTAINERISED INTRA-ASIA SERVICE FIXED DAY DEDICATED STRAITS FEEDER SERVICES FOR ENQUIRES, PLS CALL *****61, *****64 CR: **********0 D PSA OPERATOR'S CODE: HY CONVENTIONAL SERVICES TO MIDDLE-EAST SIN QOTZE DELCHEV Sid HYUNDAI NO 4 SM TO USA GOOD PAL
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      Page 48 Advertisements Column 2
      548 48 CHARTPOINT Every Saturday in Business Times VISA FREIGHT SERVICES PTE LTD£3J EstaMblwd Sine* 1964 S In We Sail The World For You REGULAR GROUPAGE LCL CONSOLIDATION SERVICES IMPORT EXPORT United States of America Port-of-Call Los Angeles Chicago New York (Accepting all inland destinations via Los Angeles New York) Europe Port-of-Call
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