The Business Times, 18 February 1992
1992-02-18
1
48
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The Business Times
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Title Section16 1992-02-18 1 BUSINESS TIMES THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Tuesday, February 18, 1992 75*16 words
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NEWS SUMMARY
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62 1992-02-18 1 TOKYO Japan's index of mining and manufacturing in 1991 posted the smallest growth in five years, rising 2.1 per cent over 1990, the Ministry of International Trade and Industry said yesterday. The index stood at 128.0 against the base of 10062 words
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Article69 1992-02-18 1 FRANKFURT The West German economy contracted again in the fourth quarter of last year, the third successive quarterly decline, the Bundesbank said yesterday. In its latest monthly report, the central bank said GNP provisionally fell a real, seasonal and calendar adjusted 1/2 per cent from69 words
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MARKETS SUMMARY
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Article48 1992-02-18 1 LONDON share prices were firmer at midday yesterday, although gains were mostly on thin turnover in aimless trading. At 1200 GMT, the FTSE 100-Share Index was up 17.6 points, or 0.7 per cent, at 2,531.5. The New York stock market was closed for a holiday yesterday48 words
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Article, Illustration29 1992-02-18 1 Monday Change BT-MGA 717.92 -6.8 Kuala Lumpur .„.597.78 +2.03 Tokyo 21,324.98 441.12 Hongkong 4,719.19 -53.13 Sydney 1,614.2 -4.7 Friday Change New York 3,245.97 -0.68 London 1,950.9 -6.529 words
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Article21 1992-02-18 1 US$ SS 1.6330 100 Yen SS 1.2858 MS SS 0.6280 MoMy market rites Overnight 3 unch 3-month 3 3/16% -1/1621 words
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Article35 1992-02-18 1 London Gold AM fix US$354.20 -USS I.IS ?pweMar.„ 128.75«/Vg -0.25 M'sia Mar 210.50'/kg -1.50 KL Tin Turnover 87 tonnes +2 Spot MSl4.36/kg -0.02 Crado palm oN Turnover 1,007 lots +406 Mar MS895 /tonne -335 words
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432 1992-02-18 1 Maggie Ford - Reductions a response to accord reached at recent S'pore summit From Maggie Ford in JAKARTA INDONESIA has identified 10 categories of products in which it is sufficiently competitive to reduce tariffs within the Common Effective Preferential Tariff scheme adopted by Asean, according432 words
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177 1992-02-18 1 SINGAPORE Crude oil prices plummeted in the Far East market yesterday after Opec ministers meeting in Geneva foiled to fix a production ceiling low enough to compensate for falling demand in the next few months. Reuters reported that light crude for April delivery177 words
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Article395 1992-02-18 1 Sylvia Wong - By Sylvia Wong SINGAPORE The proposed takeover of L&M Group Investments by Guthrie GTS Ltd has drawn what must be the coolest response in Singapore's corporate history. Neither company's shares showed great activity or volume in the stock market yesterday, as analysts expressed reservations about395 words
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220 1992-02-18 1 Harish Mehta - From Harish Mehta in HO CHI MINH CITY THE Vietnamese partner of Singapore-listed Asia Pacific Breweries Ltd (APB) wantsto double the capacity of a proposed joint-venture brew-l ery near Ho Chi Minh City" by 1996. APB and Vietnamese firm Foodstuff Co II signed an220 words
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Article231 1992-02-18 1 SINGAPORE The Straits Times Industrials Index fell below the psychological support level of 1,500 yesterday, to close at 1,494.81, down 9.1 points from Friday's close. Total turnover was 32.81 million shares, substantially lower than Friday's 50.92 million shares. Blue chips were the main losers231 words
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Article, Illustration246 1992-02-18 1 SINGAPORE The greenback plunged in Asian trading yesterday, as a series of central bank interventions took the market by surprise. The Bank of Japan and the US Federal Reserve intervened on the currency markets around mid-day Singapore time, selling US dollars against the yen. The interventionSource: Chart by TeleTrac - 246 words
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393 1992-02-18 1 SN Vasuki - By SN Vasuki SINGAPORE The Stock Exchange of Singapore (SES) has unveiled new guidelines for listing-application procedures. The guidelines, which came into affect last week, aim to hasten the application process and ensure closer contact with lead managers and companies seeking listing. The exchange is also393 words
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185 1992-02-18 1 Reuter TOKYO Japanese financial institutions may face restrictions in Europe unless Tokyo shows more flexibility in talks aimed at liberalising financial services, European Commissioner Sir Leon Brittan said yesterday. Mr Brittan said Japanese firms would get the same treatment asReuter - 185 words
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Page 1 Advertisements
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Advertisement464 1992-02-18 1 Nikon The World's Finest Photographic System CSH changes strategy MODIFYING its strategy for Singapore's increasingly competitive market, Cold Storage Holdings Ltd (CSH) has closed its bottling plant in Tuas and decided to push aggressively into opening more supermarkets Page 4 Little impact PROFITS are expected to be only slightly affected464 words
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Advertisement9 1992-02-18 1 Opec unlikely to raise prices to US$2l, Pg 289 words
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Advertisement42 1992-02-18 1 Nikon Tho World s Finpst Photograph c System ■IMP| m ■i Cartier THE ART OF BEING UNIQUE Ca/iier Boubque/ SJNGAPOHE (01 N LuOyPiut IMOOwdIM W rt*3*27 «0i 4* Tl» Shoppy G«Mf> ttaonlrwnaton* &r«wo* Ml OdM Road M 2MO2aS ■IO<4).NHRI>«MK« JtOOOMIM W 73V»P*342 words
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PAGE 2 NEWS
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450 1992-02-18 2 Shoeb Kagda - Bid to ensure pollution-free waters in Malacca Strait, South China Sea By Shoeb Kagda SINGAPORE Asean Environment Ministers now meeting in Singapore will discuss setting up a fund to ensure pollution-free waters in the Straits of Malacca and the South China Sea. The450 words
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442 1992-02-18 2 Reuter TAIPEI A decision by Taiwan's central bank to restrict the flow of equity investment funds into the island has stunned foreign fund managers and sparked a dispute over financial policy within the government. The decision threatens to damage the confidence of foreignReuter - 442 words
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Article, Illustration451 1992-02-18 2 Genevieve Cua - Globalisation through Twinning conference Transfer made through overseas investments: Lim Boon Heng From Genevieve Cua in LONDON SINGAPORE is ready to move into the next phase of economic development by exporting technical know-how through overseas investments, said Lim Boon Heng, the Senior Minister of451 words
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242 1992-02-18 2 LONDON Common interests and historical links between Singapore and the United Kingdom make the two countries ideal partners for trade within their respective regions. The point was highlighted by Lord Reay, the British Minister for Industry, when he spoke at the242 words
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Article, Illustration309 1992-02-18 2 Harish Mehta - By Harish Mehta SINGAPORE Vietnam's communist leadership will remain supreme, even though it has launched sweeping economic reforms and plans to open the country to more foreign investment, says a Vietnamese constitutional expert. Madam Ngo Ba Thanh, chairwoman of the Vietnamese Law Commission309 words
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Article, Illustration448 1992-02-18 2 Schutz Lee - By Schutz Lee SINGAPORE New Zealand has urged all participants in the Uruguay Round of talks under the General Agreement on Tariffs and Trade to use Gatt directorgeneral Arthur Dunkel's draft final text to complete the round rapidly. New Zealand's Trade448 words
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Page 2 Advertisements
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Advertisement184 1992-02-18 2 C=K m 20,000 INTERNATIONAL BUYERS WAITING FOR YOUR PRODUCTS THE HONG KONG ELECTRONICS FAIR '92 14-17 OCTOBER This international event will be Hong Kong's iiHHIIHHfPWSHIHPVVVMHIiI largest ever electronics show, and one of the most important in Asia. I Please send me on application form and further details Held In Ihe184 words
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Advertisement9 1992-02-18 2 Upward pressure on NTS likely to ease, Pg 279 words
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Advertisement9 1992-02-18 2 Don't miss Executive Jobs in Business Times every Saturday9 words
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SINGAPORE NEWS
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Article, Illustration350 1992-02-18 3 Ang Wan May - 10m centre to be company's technical base in Asia Pacific region By Ang Wan May THE Asian sales branch of a leading Japanese chemical company opened a $10 million research centre at Senoko yesterday. The Asia Research Centre was opened by Daicel350 words
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266 1992-02-18 3 VIETNAM Airlines will launch its new service from Ho Chi Minh City to Singapore this evening. According to a Civil Aviation Authority of Singapore (CAAS) statement, the establishment of scheduled air services between the two countries will facilitate the growth of trade, tourism and266 words
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436 1992-02-18 3 SIX-DIGIT postal codes which Singapore Telecom expects to issue in April next year are critical to the full automation of mail-process-ing by 19%. For machines to differentiate between addresses, each house or apartment block referred to as a "delivery point" must be436 words
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Article, Illustration238 1992-02-18 3 Dawn Tan - By Dawn Tan SINGAPORE jewellers plan to hold a trade exhibition next year to boost the Republic's reputation as a major diamond and jewellery centre. The International Jewellery Singapore Exhibition, slated for May 1993 at the World Trade Centre, will be sponsored238 words
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NEWS ROUNDUP
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50 1992-02-18 3 KAPITI Singapore has signed an agreement with Toshiba Corporation to market its products in Japan as part of its plan to expand into the Japanese financial markets. Toshiba will act as value-added reseller of Kapiti's dealing-room product, FIST (Financial Information Systems Toolkit).50 words
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Article59 1992-02-18 3 THE Minister for Radio, Film and TV from the People's Republic of China. Ai Zhisheng, is visiting Singapore from today to Sunday at the invitation of the Minister for Information and the Arts, Brigadier-General (Res) George Yeo. While here, Mr Ai will call on President Wee59 words
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46 1992-02-18 3 JAPAN Airlines will offer four summer scholarships in Japan to full-time graduate students from six tertiary institutions. Open to Singapore citizens and permanent residents, the scholarships are in their 18th year, with some 88 Singaporean students having already participated in the programme.46 words
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Article46 1992-02-18 3 THE Singapore Bus Service (SBS) will operate a chartered shuttle service to the Changi International Exhibition and Convention Centre for the Asian Aerospace '92 Exhibition, from Feb 25 to March 1. The shuttle service will only be for admission ticket holders.46 words
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Article56 1992-02-18 3 THE Public Works Department will start work on raising the servicc road parallel to Scotts Road from today as part of its walkway improvement project along Orchard and Scotts roads. Because of the work, the entrance to the Dynasty Hotel from Scotts Road will be closed to56 words
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Page 3 Advertisements
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Advertisement72 1992-02-18 3 RETAILERS Are you X'panding? Planning to move? Call the people with the 'X' factor! X'perience X'pertise We are the Joint Sole Marketing Agents for these X'citing projects! QrrtMllßMd Available Sob-Urban/«Hb«ri Available TangUnMall (Phasel) 3rd qtr92 Kovan Centre 4thqtr92 Pacific Plaza Ist qtr 93 Northpoint Shopping Centre 4th qtr 92 Takashlmaya72 words
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Advertisement34 1992-02-18 3 READ C H A R T P 0 1 N T EVERY S A T U R D A Y IN B U s I N E S S T I M E S34 words
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Advertisement95 1992-02-18 3 Executive Jobs every Saturday in Business Times HIAIHHWs"fIH■II M A V 1 B 1 Hj| I I TAKE ONE DAILY TO GIVE YOUR HAIR THAT EXTRA BOOST. T yjK3Bi^?^LTC?^- es To give your hair a headstart, take one ON TOP tablet today n~ i terrific look. j You know what95 words
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COMPANY NEWS 1
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COMPANY BRIEFS
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125 1992-02-18 4 SINGAPORE Far East Levingston Shipbuilding Ltd has launched a jack-up rig it is building for Santa Fe of the US. Fels said in a statement that Santa Fe has asked it to incorporate special features (added safety features and more comfortable accommodation) in the125 words
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Article97 1992-02-18 4 SINGAPORE Former Health Minister Howe Yoon Chong, 70 this year, was appointed to the board of Straits Trading Co Ltd on Feb 14, bringing the number of directors to eight. Yesterday's announcement came almost four months after Mr Howe was appointed to the board of97 words
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Article75 1992-02-18 4 SINGAPORE Scotts Holdings Ltd has said that its business (mainly service apartments and shopping space rental) is of the nature that after a certain point there is no co-relation between revenue and expenditure. It was explaining to the Stock Exchange of Singapore the huge jump in75 words
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Article116 1992-02-18 4 SINGAPORE Low Keng Huat (Singapore) Ltd, whose public offer closes today, has told the Stock Exchange of Singapore that it did not provide BT with information not contained in its offer prospectus. It said that a BT article which reported that 80 per cent of its116 words
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Article79 1992-02-18 4 SINGAPORE Singapore Technologies Industrial Corporation Pte Ltd (STIC) has clarified that Asia Pacific Logistic Services and Asia Pacific Air Cargo are both its subsidiaries. Asia Pacific Logistic Services is a 60 per cent shareholder of a newly-established joint venture, Asia Pacific Air Cargo. Its partners in the joint79 words
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440 1992-02-18 4 Lee Han Shih - CSH announces flat interim results By Lee Han Shih SINGAPORE Modifying its strategy for Singapore's increasingly competitive market, Cold Storage Holdings Ltd (CSH) closed its bottling plant in Tuas and decided to move aggressively into opening more super markets. CSH, announcing a set of440 words
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Article, Illustration655 1992-02-18 4 Leslie Lopez - New rule does not apply to those with joint ventures Fron Leslie Lopez in KUALA LUMPUR FOREIGN stockbroking companies operating representative offices in Malaysia will have to obtain an investment advisory licence by the end of the year or be told to655 words
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538 1992-02-18 4 Magdalene Ng - By Magdalene Ng SINGAPORE Profits are expected to be only slightly afTected by a proposed move to make companies disclose the actual interest cost of their bond-cum-warrant issue. It was earlier feared that companies issuing such paper would see their538 words
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252 1992-02-18 4 SINGAPORE GK Goh Holdings Ltd has posted a 39.9 per cent drop in net earnings to $2.1 million in the six months ended Dec 31 from the year-earlier period, according to the company's unaudited results. GK Goh again attributed the decline in252 words
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686 1992-02-18 4 Magdalene Ng - MARKET TALK 1992 could be a watershed year for junior board By Magdalene Ng SINGAPORE Sesdaq turns five today. A big birthday bash may not be in order, but the junior board has made enough progress to prove that there is686 words
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COMPANY BRIEFS
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78 1992-02-18 6 JAKARTA Indonesia's third largest business group, Sinar Mas, and Australia's Meadow Lea Food, subsidiary of Goodman Fielder Wattie Ltd, have agreed to set up a cooking oil factory in Jakarta, a company official said. The two firms will put up 50 per78 words
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Article122 1992-02-18 6 TOKYO Japan's Canon Inc said yesterday that its net profit grew 10.3 per cent from a year earlier to 42.6 billion yen (***** million) in the year to December and raised its earnings forecast for the current year. The company, Japan's biggest camera manufacturer,122 words
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Article81 1992-02-18 6 NICOSIA A private Saudi Arabian business group signed a letter of intent early this month to acquire 50 per cent of the refining and marketing assets of Fina Inc, the US subsidiary of Belgium's Petrofina SA, the oil industry newsletter Middle East Economic Survey81 words
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Article88 1992-02-18 6 TOKYO Mitsubishi Corp is likely to join a consortium of companies in a US$9 billion (5514.7 billion) natural gas liquefaction project in Oman, industry sources said. The Oman Energy Ministry said recently that it had signed a letter of intent with firms, including the Royal Dutch/Shell88 words
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Article84 1992-02-18 6 SYDNEY Weeks Petroleum Ltd said yesterday that it will float its Bass Strait oil royalty at a gross price of As22o million (*****.6 million) in a new vehicle to be called Weeks Royalty Ltd (WRL). Weeks, 95.6 per cent owned by Australian Consolidated Investments Ltd,84 words
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Article68 1992-02-18 6 TOKYO Matsushita Electric Industrial Co Ltd said it agreed to set up a joint venture with Hangzhou Goldfish Electrical Appliance Co in Hangzhou, China, to produce fully automatic washing machines and components there. The new company Hangzhou Jin-Song Washing Machine Co Ltd, initially capitalised at 50068 words
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326 1992-02-18 6 HONGKONG A consortium planning the Kowloon skyrail intends to put together a syndicated loan worth HKS2 billion (Ss42o million) to HK$2.5 billion, probably in the second half of the year, sources close to the group told the South China Morning Post. However, the326 words
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617 1992-02-18 6 Reuter BANGKOK Siam Cement Co Ltd should post improved results in 1992 after its 1991 earnings were squeezed by reduced profit margins and rising production and operating costs, brokers and analysts said. They said the construction materials giant should this year begin to reapReuter - 617 words
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546 1992-02-18 6 Al O Labita Jr - Philippine tile maker embarking on major expansion programme From Al O Labita Jr in MANILA PHILIPPINE ceramics manufacturer Mariwasa has joined forces with two Japanese companies, Noritake and Toyota Tsusho Corp, to gain the clout to carry out its expansion plans. Noritake has546 words
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289 1992-02-18 6 Al O Labita Jr - From Al O Labita Jr in MANILA MANILA Electric Co (Meralco) chalked up a net income of 1.518 billion pesos (Ss9s million) last year, far exceeding its forecast of 1.355 billion pesos. The utility firm which has a virtual monopoly in the supply289 words
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780 1992-02-18 6 Shanghai Vacuum shares to be floated on Friday Reuter HONGKONG China s infant share market takes a leap in the dark this week when foreign investors return to the Shanghai bourse more than 40 years after the communists threw them out. Hongkong analysts say bothReuter - 780 words
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417 1992-02-18 6 Reuter BEIJING Volume on China's fledgling stock market in Shanghai dropped sharply in January, but residents hoping to get rich quick bought millions of lottery tickets for a chance at new stock issues, Sunday's China Daily said. Trading volume on the Shanghai Securities Exchange,Reuter - 417 words
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Page 4 Advertisements
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Advertisement367 1992-02-18 4 COMPUTER ERA THE ONLY COMPREHENSIVE COMPUTER DIRECTORY COMPUTER ERA, in its 20th Edition, is the only comprehensive directory serving the computer industry in this region. It is published once every six months and meticulously updated for your sourcing guide, featuring at least 98% of active Compiled in an easy-to-use format,367 words
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Page 5 Advertisements
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Advertisement425 1992-02-18 5 Very few office blocks Grow up to be World famous landmarks. IH 1111 fiijflH l« r I Lil ||||||m IfS E«fl SMiM Im I E^fl UgHH ■<* I ||||l In I |vl H| BffiM H 11 11 1H lIpIIII H M I ■^^^I^BE^hSk l >r> Kml HnBM I'* m K425 words
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Page 6 Advertisements
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Advertisement330 1992-02-18 6 have more than years experience a Henley College the University of West applications for the hxemptions MBA programme (through distance Exemption from certain subjects learning and evening class Change Managing Strategic Award of Degree may be granted on the basis of attendance). Since the first intake in Information Managing Strategy330 words
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Page 7 Advertisements
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Advertisement59 1992-02-18 7 K °F Trffffiw^ lo kD, HTHE YEIV oHI PAG^ Once you put your ad in the Yellow Pages, it'll be plain homes, offices and hotels around the island. Take the sailing. Your ad will be on course to your customers in wind out of your competitors' sails, book your ad59 words
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FINANCIAL NEWS
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SMALL CHANGE
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130 1992-02-18 8 MANAMA, Bahrain Foreign bankers who have been enjoying a virtual tax holiday in Saudi Arabia for many years have been told they have to start paying a hefty tax this year, plus a backlog of millions of dollars of deferred taxes. Bankers in130 words
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Article109 1992-02-18 8 TAIPEI Taiwan's top law enforcement agency uncovered 1,083 financial crimes involving more than NTS 100 billion (556.4 billion) last year, the semi-official Central News Agency said. About 2,100 people were charged with financial crimes, including tax evasion, insider trading and fraud, the agency quoted the Bureau of109 words
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Article82 1992-02-18 8 TOKYO The Ministry of Finance (MOF) is weighing risk-management rules for life and non-life insurance companies to protect beneficiaries, a MOF official said. The new rules are likely to require insurance companies to put aside reserves against various risks, as a source to pay insurance benefits,82 words
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Article74 1992-02-18 8 BANGKOK The Thai Military Bank (TMB) has opened a branch in Hongkong as part of a strategy to expand its operations in the Asia-Pacific and Indochinese regions. A bank official told the Bangkok Post that it has also set up a joint venture with a74 words
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Article72 1992-02-18 8 MILAN Leopoldo Pirelli was forced to surrender control of Pirelli SpA, after some 25 years as chief executive officer, at the insistence of banks financing the company's massive restructuring programme, Milan newspaper Corriere Delia Sera said. The newspaper said Mr Leopoldo's surprise decision followed a72 words
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246 1992-02-18 8 Reuter SEOUL South Korea's central Bank of Korea is expected to allow banks and financial institutions to set their own interest rates for most transactions from the second half of this year, officials said yesterday. "Details have not been completed but circumstances are becomingReuter - 246 words
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425 1992-02-18 8 S N Vasuki - From S N Vasuki in KARACHI FOREIGN banks and international financial services companies, long restricted from entering Pakistan's tightly-controlled banking sector, now have an opportunity to operate here because of sweeping changes introduced by the 15-month-old Nawaz Sharif government. Following the privatisation of425 words
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620 1992-02-18 8 KARACHI Finance companies established under Islamic law are thriving in Pakistan, though increased supervision of their activities by the country's central bank, the State Bank of Pakistan, is expected to tame the growth of the industry this year. At last count, at620 words
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498 1992-02-18 8 HONGKONG Lippo Investments is attempting to woo investors back to Indonesia, last year's dud player, with the launch of a rupiah fund, the Sunday Morning Post has reported. The fund, investing in money market instruments, aims to tap into the high levels of498 words
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262 1992-02-18 8 Reuter LONDON Crisis threatened Lloyd's of London last week after painful losses came to light at the world's biggest insurance market on claims from a series of catastrophes. A Cabinet minister said that the government was keeping it "under close review'*Reuter - 262 words
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526 1992-02-18 8 Reuter SINGAPORE Asia's fastgrowing venture capital industry is taking a breather from hectic fund-raising while it works on improving accounting and other housekeeping at the private Asian companies which seek the funds, analysts say. "A lot of money came into the marketReuter - 526 words
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490 1992-02-18 8 MARKET TALK Reuter SYDNEY The interim profit result of Australia's largest retail bank, the Commonwealth Bank of Australia, will be watched as a key indicator of the health of the nation's banking industry, share analysts say. Commonwealth Bank, which became a listed companyReuter - 490 words
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Advertisement143 1992-02-18 8 Lainiere de Picardie <^^t\ (Asia) Ltd. n mtttam (s ;«)*i®&sj ARE GLAD TO ANNOUNCE THE OFFICIAL OPENING OF SINGAPORE BRANCH Lainiere de Picardie (Singapore) Pto. Ltd. on February 18,1992 (Tuesday) 608, Martin Road, #10-02 Central Merchandise Distribution Centre Singapore 0923 Telephone No: 738 3722 Facsimile No: 738 3752 Lainiere de143 words
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THE REGION
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374 1992-02-18 9 Move to polish tarnished image of industry BANGKOK Thailand's first Tourism Bill which addresses the problem of inadequate tourist protection was passed last Friday, the Bangkok Post reported. Bill, which will require tour operators to register their operations and compensate tourists for substandard service,374 words
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343 1992-02-18 9 Investors urge more tax breaks to boost viability BANGKOK The Board of Investment (Bol) will conduct an overview of the nation's petrochemical industry to regulate its future direction, a Thai newspaper has reported. According to the Bangkok Post. Board of Investments secretary-general Staporn Kaitanon had343 words
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Article, Illustration70 1992-02-18 9 PYONGYANG Kim Jong II (left), son of the "Great Leader" Kim II Sung, chats with his father in front of what appears to be a guest house near Pyongyang. North Korea's top party and state organs swore an oath of allegiance to Kim Jong II on70 words
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468 1992-02-18 9 AFP BANGKOK A senior Thai official yesterday called on France and other West European countries to help Thailand relax its "over-de-pendence" on trading with Asia's economic superpower, Japan. Commerce Minister Amaret Sila-on told his French counterpart, Jean-No-el Jeanneney, heAFP - 468 words
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NOTE BOOK
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46 1992-02-18 9 KUALA LUMPUR A trade mission comprising private sector and government representatives from the province of Quebec, Canada, is seeking opportunities to improve commercial ties between Canada and Malaysia in power generation and electrical engineering products and services.46 words
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Article100 1992-02-18 9 BANGKOK The United Nations will give Vietnam US$93 million (S$ 151.87 million) to aid the country's economic reforms, the official Vietnam News Agency said. "Die funds from the UN Development Programme will help Vietnam develop its legal system, reform financial and banking regulations and help100 words
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Article64 1992-02-18 9 SYDNEY Australia's Deputy Prime Minister Brian Howe said the housing industry was recovering and would not need financial aid in the government's economic statement due on Feb 26. "The housing industry doesn't require any stimulus in the economic statement," Mr Howe told a conference, domestic news64 words
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Article112 1992-02-18 9 BANGKOK Thailand's Minister of Finance Suthee Singhasaneh met senior Cambodian officials on a three-day visit to Phnom Penh, a Finance Ministry official said yesterday. Mr Suthee, who went to Cambodia on Friday and returned on Sunday, was accompanied by senior officials from Thailand's privately-owned Siam112 words
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Article114 1992-02-18 9 MANILA Officials and academics from Spain and seven Asia-Pacific nations and territories gathered here yesterday at the start of a two-day conference to foster solidarity among former Spanish colonies in the region. Philippine President Corazon Aquino addressed the opening session of the conference with the observation114 words
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422 1992-02-18 9 Bernama KUALA LUMPUR Malaysia is still the favourite among Japanese investors when it comes to relocating their operations overseas, despite local labour problems. According to the Japan External Trade Organisation Kuala Lumpur Centre, these views were voiced in a Jetro survey onBernama - 422 words
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326 1992-02-18 9 MBT KU£HING The Sarawak government will spend Msft4.7 million (*****.6 million) on industrial estate development within the next 12 years. The state has in the past five years invested Msl47 million for the purpose, its Industrial Development Minister Datuk Abang Johari Tun Abang OpengMBT - 326 words
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Advertisement140 1992-02-18 9 T rbb pr J\" > y Ms tracks *^p&SE£SEB m w* m J F1 Bt». k ijpa 9H, *tH BF 4UKUI MM#' Wn lUlir* fl| X MP^ 7 9W|KSHk H9> i_iTr €9P^ bl \AKij 1 <fOO K >9 ■VBf wte If you've a passion for all things different, you'll fall140 words
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THE WORLD
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WORLD WATCH
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126 1992-02-18 10 TOKYO Japanese investment will plunge in the manufacturing sector in the upcoming fiscal year, bringing down the overall figure for the first time since 1986, the economic daily Nihon Keizai said here yesterday. According to a poll of 1,209 large firms taken by the daily,126 words
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Article104 1992-02-18 10 WASHINGTON The average American worker puts in about 140 more hours on the job every year than he did two decades ago, according to a study that also found paid days off have dwindled. It all adds up to a major reduction of leisure104 words
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Article86 1992-02-18 10 COLOMBO The Sri Lankan government yesterday announced a five-year tax holiday for a wide range of local industries in a bid to boost production and generate employment. The Industries Ministry said in a statement that the concession would apply to pioneering or expanding industries and86 words
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Article87 1992-02-18 10 FRANKFURT The Bundesbank said German inflationary pressures had barely eased despite a weakening of economic growth and it warned again about excessive pay deals. In its latest monthly report, the Bundesbank said a fall in the annual rate of inflation to 4.0 per cent in January87 words
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Article66 1992-02-18 10 HONGKONG Authorities in the southern Chinese metropolis of Guangzhou have designated an island occupied by foreigners after the Opium Wars as a protected historical site, it was reported here yesterday. TTie new decree on Shamian Island, at the tributaries of the Pearl River in Guangdong province,66 words
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496 1992-02-18 10 S N Vasuki - From S N Vasuki in_KARACHI THE Pakistan government has launched a worldwide advertising blitz to attract direct foreign investment. Informed sources told Business Times the government planned to spend US$3-5 million (554.9-8.18 million) this year advertising on Cable News Network, sponsoring supplements in496 words
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405 1992-02-18 10 Reuter WASHINGTON The bleak US economy showed some bright spots last week that some analysts believe will take pressure off the Federal Reserve to trim interest rates again. While no one is proclaiming that the economy is finally starting to really roll,Reuter - 405 words
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Article, Illustration471 1992-02-18 10 Reuter FRANKFURT German industry, its competitive edge eroded by high costs, fell behind the United States as the world's largest exporter in 1991, according to a study published on Sunday. The report coincided with a fresh warning from German industry that jobs inReuter - 471 words
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624 1992-02-18 10 Reuter LONDON Russia, beset with every kind of economic problem now, seems bound one day to make good on past boasts of catching up with the West, many economists believe. The only difference is that if it does so, it will notReuter - 624 words
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292 1992-02-18 10 AFP ALGIERS Algerian Prime Minister Sid Ahmed Ghozali hopes to attract USSB billion (S$ 13 billion) in foreign investment under an economic recovery plan he was presenting to head of state Mohamed Boudiaf on Sunday. The recovery plan will hinge on opening theAFP - 292 words
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Article, Illustration61 1992-02-18 10 MANCHESTER, New Hampshire The five US Democratic presidential candidates (from left): Senator Tom Harkin, Governor Bill Clinton, Senator Bob Kerrey, former Senator Paul Tsongas and former Governor Jerry Brown facing Cable News Network moderator Bernard Shaw as they began the final Democratic candidates debate before the61 words
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480 1992-02-18 10 New economic programme a shift from usual shock therapy AP WARSAW Poland's new centre-right government has decided on an economic programme that backs away from the "shock therapy" of the past two years in favour of pumping up battered stateAP - 480 words
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Advertisement18 1992-02-18 10 'v 1 ANDGET" FAST EFFECTIVE RELIEF! Sole Distributor: SlllTirnit Co (S) Ptfi Ltd Available at all leading pharmacies.18 words
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FOCUS
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Article, Illustration858 1992-02-18 11 Elaine Koh; Carolyn Lim; Alvin Tay - Guthrie's proposed takeover of L&M After a 2'/2-year courtship, Guthrie is finally launching a takeover bid for L&M. BT reporters Elaine Koh and Carolyn Lim study the strategies of L&M and Guthrie, respectively, while Alvin Tay takes another look at the proposed deal. Elaine858 words
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Article, Illustration807 1992-02-18 11 ITS history in Singapore dates back to 1821, just two years after Sir Stamford Raffles set foot on the island. Today, the Singaporelisted company that was once part of the UK-based trading group Guthrie Corporation stands on its own feet. And once the807 words
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Article945 1992-02-18 11 Guthrie gts has finally decided to take the initiative after a 2'/2-year courtship of L&M Group Investments. It has asked for L&M's hand in "marriage". The diversified engineering and construction group, controlled by Indonesian brothers Putra and Made Oka Masagung, began courting L&M in August945 words
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Page 11 Advertisements
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Advertisement81 1992-02-18 11 H KOREA MERCHANT BANKING CORPORATION I U5530,000,000 Negotiable U.S. Dollar Floating Rate Certificates of Deposit due 15th May 1994 is s In accordance with the provisions of the Certificates, notice is hereby given that for the three month interest period from 18th Feb. 1992 to 18th May 1992 the Certificates81 words
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Article488 1992-02-18 12 EDITORIAL THE Insurance Commissioner's new set of investment guidelines for life insurers will provide the necessary safeguards for a stronger insurance industry, and ultimately underline Singapore's distinction as a sound and developed financial centre. Uppermost in the regulators' minds has to be the danger for the industry488 words
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WHAT THE OTHERS SAY
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Article279 1992-02-18 12 IN all the anguish over the issue of donations for school places, one eminently practical idea has emerged that the Ministry of Education should build up one good school in every Group Representation Constituency. Even now, there are, as discerning parents know, quite a few good government279 words
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Article106 1992-02-18 12 THE Indonesians, Bruneians, East Malaysians and Malays of the northern part of the Malaysian Peninsula are well-adept in sebutan baku or standard pronunciation. What is left is the Riau area bounded by Johor, Singapore and the Riau Isles. So the time has come for this standardisation to be106 words
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Article115 1992-02-18 12 IT is unfair to blame just workers for accidents at construction site. Building contractors should also share the responsibility. The Ministry of Labour should also review existing regulations to see if they are adequate in ensuring safety. A more effective way to raise the safety level at115 words
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REGIONAL VIEWPOINTS
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Article218 1992-02-18 12 BITTER experiences in the past have somewhat forced Malaysia to take a hard look at all incentives given to the private sector to ensure that they are not interpreted as subsidies by importing countries. For, if they are construed as such, it is the exporter who stands218 words
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Article164 1992-02-18 12 Nb-ONE wants to put a price tag on the job of eliding pain and suffering, let alone the saving of lifes. But in the *****, when more and more Hongkong people are buying medical insurance or accept- ing it as one of the perks of164 words
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Article146 1992-02-18 12 THE events of the past week in Algeria should have been highly disturbing to anyone hoping that democracy was finally taking firm root all over the world. A state of emergency has been declared but violence continues in Algiers as the military-in-stalled government attempts to dissolve the146 words
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Article, Illustration1426 1992-02-18 12 Francis Fukuyama - Just because communism is all but dead does not mean that Western liberal democracy is the reigning champion. Francis Fukuyama says there is still a potential competitor Francis Fukuyama The writer is the author of The End of History and the Last Man. He was deputy directorLos Angeles Times - 1,426 words
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Page 12 Advertisements
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Advertisement124 1992-02-18 12 'IlK^ l J yra |L jBP Scalpel...scissors.„sutures._ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on your money. Essential information accessible every business day through Business Times. In the same way124 words
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Page 12 Miscellaneous
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Miscellaneous94 1992-02-18 12 DOONESBURY BY GARRY TRUDEAU WELL, TEP, GIVEN MY LACKOF I INTO THIS FIRST PRIMARY, EXPOSURE, 8* OUOUU? B5 A H SETTING THE BAR A H 1 QUEERING MY SPIN > MHATARE YOUREXPSC- TREMENDOUS SHOWINGFORME. X UTTL3HI6H, TEP... K z< 7 J TAT IONS? UIHAT DO YOU 'J =a S ?>94 words
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ANALYSIS
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869 1992-02-18 13 Michael Quint - A study by the Federal Reserve Bank of Atlanta has debunked the common perception that bank mergers lead to big savings. Michael Quint reports Michael Quint NYT ALTHOUGH bankers and investors expect great savings from recently announced bank mergers, two new studies confirmNYT - 869 words
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Article, Illustration1191 1992-02-18 13 Harish Mehta - The entry of Singapore's Asia Pacific Breweries Ltd into Vietnam pits the company against four breweries and dozens of smuggled brands. Harish Menta assesses the prospects for the Singapore brewer Harish Mehta BEER is a subject that usually does not cheer up Hanoi's policymakers.CHART BY JENNIFER CHUA - 1,191 words
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Article750 1992-02-18 13 Mitya New - The Swiss tradition of direct democracy could block the;! country's plans to join the European Community, wntes Mitya New Mitya New Reuter CENTURIES ago, Swiss villagers they were Helvetians then gathered in a local square and divided up the Alpine grazing pastures by show ofReuter - 750 words
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Page 13 Advertisements
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Advertisement82 1992-02-18 13 Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful small firms and the people82 words
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Page 14 Advertisements
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Advertisement624 1992-02-18 14 M Nothing Beats A Bud. [ft&va OF Toss to happiness, prosperity and health. With Yu Sheng, or raw fish salad, prepared in exquisitely classic style. Partake of this age-old Chinese New Year tradition at Tien Court, where the ambience fittingly rekindles the mood of festivity and celebration. Small Yu Sheng624 words
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Advertisement181 1992-02-18 14 WHERE TO WINE, DINE... [p HEADSTART ONLUCK What better way to start off the Lunar New tear than with the HSLy traditional feasting of Yu Sheng. O For just $28 and $12++ for each additional helping, the XI Imperial Yu Sheng will leave you Hi} with a lucky start to181 words
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Advertisement366 1992-02-18 14 Local Tea Time delights at Chatterbox e TJT' eVCT y Friday, Saturday and Sunday. 3 pm to SJO pm. $14.50+ per perm $8.50+ per child (below 10 yn) Meaime Sumptuous Continental Afternoon Tea spread at Mezzanine Lounge. Daily. 3 pm to 6 pm. $14.00+ per person $10.00+ per child (below366 words
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Page 14 Miscellaneous
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Miscellaneous643 1992-02-18 14 TELEVISION AND RADIO 1\ !W 1 i ,1 1 H Tlw Htteimihw Toxic 5.55 Today hi History. ,i| U|i|f|H|r r i/l 01*1*10/1 TrlO tY\ /A K shock. Dick is caught 6.00 News. BUSWESSQNR#9?& ■>~ L ivuurieu 10 inc niOD SSSr illegally. In the struggle, the 700 CNN 7.10*1, 9.25 am,643 words
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LIFESTYLE
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Article, Illustration656 1992-02-18 15 John Follain - John Follain on film and opera director Franco Zeffirelli, who has something to say about everything John Follain Reuter Franco zefiireiii is proud of his new reputation as Italy's biggest loudmouth. Zeffirelli's targets are many and varied. The film and opera director has recently launched a vitriolicReuter - 656 words
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Article, Illustration697 1992-02-18 15 Glenn Collins - Status toothpaste to save your smile and the planet Glenn Collins on the multi-purpose, yuppie-lifestyle accessory that just about everyone can afford Glenn Collins NYT AND NOW, at a specialty store near you, regard the leadingedge indicator of consumer chic in America, the brilliant new vehicle for environmental correctness, healthNYT - 697 words
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Article, Illustration633 1992-02-18 15 Poet-broadcaster George Mann MacBeth dies of pneumonia SCOTTISH-BORN poet and broadcaster George Mann Macßeth has died from pneumonia at his home in Ireland, his family said on Sunday. Macßeth, 60, wrote poems devoted to love and war. His collections included The Colour of Blood, Shrapnel and A War Quartet. He633 words
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Page 15 Advertisements
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Advertisement160 1992-02-18 15 AND ENTERTAIN >•" "v. Monday Western Delights Tuesday Chinese Savouries Wednesday Malay Temptations Thursday Indian Favourites Lunch in a Flash Different types of carvery and salad buffet lunch every day. 12 noon to 2.30 pm. $19.50++ per person. A ANA HOTEL SINGAPORE 16 Nmct H*. Sngapor* ICSS Ttfaptwn* (65) 732160 words
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Advertisement148 1992-02-18 15 I M Traditional Jj Cantonese CUISINE Ho i BEST HONG KONG i c Dian Xin In Town j I \yv. China China Restausant 1 Marina Bay Golf* Country Club A 2 Marina Green Singapore tnoi. For Reservations Please CallzhmiiJ WMa Ml NTON Where else would you make i an executive148 words
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SPORTS
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SIDE LINES
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98 1992-02-18 16 BRUSSELS Germany's Boris Becker beat world tennis number one Jim Courier of the United States in a five-set, five-hour cliffhanger to win the US$BOO,OOO ATP tournament here on Sunday. Becker, the three times Wimbledon champion, made an astonishing rally after Courier held three98 words
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Article32 1992-02-18 16 MEMPHIS, Tennessee MaliVai Washington won his first career title in convincing fashion with a 6-3 6-2 trouncing of Wayne Ferreira on Sunday at the US$7BO,OOO Federal Express International tennis tournament.32 words
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Article55 1992-02-18 16 NEWPORT, Wales World snooker number one Stephen Hendry collected his fifth title of the season as he destroyed the giant killing hopes of Darren Morgan in the Welsh Open final here on Sunday. Hendry showed with a runaway 9-3 victory that he has now emerged from a55 words
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Article49 1992-02-18 16 SYDNEY Australia's Kieren Perkins chalked up his third world record in six months with an astonishing, record-break-ing performance in Sunday's 800-metre freestyle final at the New South Wales swimming meet. His new mafk of 7min 46.605 ec clipped 1.25 seconds off his previous world record of 7:47:85.49 words
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Article, Illustration613 1992-02-18 16 Winter Olympics AP ALBERTVILLE, France Out of hospitals, out of the shadows, speedskaters and Alpine skiers have joined the Viking victory parade in Norway's best Winter Olympics showing in decades. Norway's tally of six gold medals and 12 medals in all by Sunday wasAP - 613 words
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Article, Illustration507 1992-02-18 16 NYT CHICAGO A legend already, but far from an anachronism, Martina Navratilova, who says the real reason she's playing tennis at the not-so-tender age of 35 is "because I still can and not be embarrassed," proved herself on Sunday to be the most prolific champion inNYT - 507 words
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Page 16 Advertisements
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Advertisement136 1992-02-18 16 f V Daikin's hot Mchnology keeps you cool. I You know the name Daikin as the ultimate in airconditioning. graphics. Which makes us one of the top 400 corporations in the True, our VRV system for Intelligent Buildings is a breakthrough And world While in Singapore Daikin products are at136 words
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Page 17 Advertisements
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Advertisement473 1992-02-18 17 jl {ftutor of Vuaiurra Aftmintatralimi J At*** to fy '/■<■ ft J^gßg Wk CUwSuxtLyt tilßfl ta»itb nil EisbU |Jnßii/dlr» and Ujrtmnto npprrtmmng H Lwf «iyi>/<6 la* Jmiy L*n *L*4>J »t 4ttfaf*fl lbi»rt#rt» iv itt #t«t* ct tstijjtm:m «a ty JTrftrratfc #f IftHl IQM %uu at Ifer 9rv fir ilfmnl Km#473 words
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INNOVATION & TECHNOLOGY
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Article, Illustration686 1992-02-18 18 Kenneth James - KT Technology's strategy in venturing into Romania is consistent with its long-term plan. Kenneth James reports Kenneth James W "W? TT HERE business calls, busiW Wf ness goes. y Even to eastern Europe, where economic horror stories have not stopped a few intrepid Singapore computer686 words
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Article, Illustration583 1992-02-18 18 Robert Crawford - With nanotechnology or atomic engineering, technology has entered the realm of science fiction. Robert Crawford reports Robert Crawford ONCE US researchers spelled "IBM" with individual supercooled xenon atoms, some boisterous competition began across the Pacific. In 1991, less than one year later, Hitachi researchers carved583 words
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Article, Illustration72 1992-02-18 18 A TINY HEART lies deep inside IBM's most advanced hard-disk-drive recording head, manufactured at the company's Almaden Research Centre in San Jose. A recording head reads and records information found on disks. This tiny heart, as wide as a human hair, has helped IBM scientists read and write more72 words
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509 1992-02-18 18 NYT LOVERS everywhere would have put romantic bouquets in vases last Friday. But in a few days many of the flowers will wilt and wither, and the last reminder of Valentine's Day will be tossed in the trash. If scientists succccd, though, sweethearts mayNYT - 509 words
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Article183 1992-02-18 18 SINGAPORE A major disk drive conference to be held here next month has drawn much interest since Business Times reported about it two weeks ago. It has been a staple event in the US for the last seven years prior to the opening of Comdex in Las Vegas183 words
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Page 18 Advertisements
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Advertisement91 1992-02-18 18 MODERN Llanhe Zaobao (March 2,1992) TbeStraitsTimeB (April 6,1992) Nov/s your chance to advertise in a special feature that will enhance your products or services.. .and to reach out to your target audience effectively. Our feature on MODERN OFFICE is geared to attract a large number of readers with its extensive91 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration4109 1992-02-18 19 Claire Leow - By Claire Leow BLUE-CHIP selling took the Straits Times Industrials Index below the psychological 1,500 support level yesterday. The benchmark index closed 9.10 points lower at 1,494.81 and total turnover thinned to 32.06 million shares, valued at $85.81 million, sharply lower than Friday's4,109 words
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Article, Illustration61 1992-02-18 19 Chew Eng Han - By Chew Eng Han Comment STOCHASTICS are pointing up but the rally may soon encounter stiff resistance. The share closed near strong resistance at $3.23 yesterday. If this breaks, expect a further rise to $3.35-3.38. Suggest taking profits on rallies, as a correction could be nearing. Support isSOURCE: PONT DATA - 61 words
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Article2771 1992-02-18 20 OCBC Foreign 1170 +20 +1.7% Spore Land 545 +15 +2.8% Isetan 50* 545 +10 +1.9% Wearncs 354 6 +1.7% Chuan Hup 132 +5 +3.9% Guthrie GTS 2C 65 +5 +8.3% Polytek 50* 60 4Vi +8.1% ICB 492 +4 +0.8% The H Glass Ln 90 +32,771 words
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Page 20 Advertisements
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Advertisement10 1992-02-18 20 ASIAN AEROSPACE 92' A special BT Supplement Feb 25, 199210 words
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Article3273 1992-02-18 21 Oriental Hldgs 620 20 3.3% Magnum Corp 50» 318 +18 +6.0% M Banking 470 +12 2.6% MAS 460 +12 +2.7% Malayawata 270 +9 +3.4% Guinness 50« 348 +6 +1.8% XTL Corpn 50« 160 +6 +3.9% Landmarks Bhd 86 5Vj +6.8% Bohoo 147 +5 +3.5% Qentings3,273 words
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Page 21 Advertisements
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Advertisement14 1992-02-18 21 Read Chartpoint, a guide to investing in the stock market, every Saturday in BT14 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration5098 1992-02-18 22 Declining issues lead advancers by 129 to 87 Bernama QUALITY stocks attracted some buying support but the overall market ended on a slightly easier note yesterday. The KLSE Composite Index at the close added 2.03 points to 597.78. The Industrial Index wasBernama - 5,098 words
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BT SHARE INFORMATION SERVICE
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Article241 1992-02-18 23 C~»My Date Ymr 6rw» PM NK nniapOm, < l > P* <W<h< < (CMtt) Corebos Feb 13 S«p 91 845.623i(*38,9U) 14 8(128) 236TE(30TE) Rl Mponj Feb 13 SI* 91 *****,03(162.895) 15.3(14.8) 15(15) Feb 10 Am 91 M855,298(59,064) 309(33) 20(20) AMPKita j», 24 Sep 91 865.969(855.737) 52 1(44) 28N(26M)241 words
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Article144 1992-02-18 23 CaapMy Date Ymr 6tm» prt-tex Net Mnrtags 6ms «m te prafll/lMs (L) par star* #dM ('•M) (cants) UMW FrtH Dec 91 M$208,335($198,544) 52.4(50.3) 15(15) land 1 General Feb 13 Dec 91 W86,678($63,197) 22.9(12.9) 15(5) G Securities Feb 12 Oec 91 $2,070($3,029) 3.1(2) 10(10) PuttcBank Jin 27 Dec 91144 words
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Article, Illustration295 1992-02-18 23 Fifures m brackets are for the previous corresponding period L: Loss, Tt Tax Exerted. It Net NYfc Not Yet Available, (a): Adjusted for scrip issues, (k): In milbon Dutch Florins, (c): Profit after tlx, (rf): In nafon HKJ, (e): Company's profit (0: mrilioo yen. Profit after tax i295 words
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Article530 1992-02-18 23 Feb IS Amcol Hokfeifs Ltd's 50%-owned Indonesian associate, PT Amcol Graha Electronic Industries, has teamed up with the Bimantara Citra group, one of Indonesia's leading business conglomerate, to market and operate Indonesia's first cellular phone system. Singapore Technologies Hokfinfs s subsidiary, Asia Pacific Logistic Services Pte Ltd, has530 words
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Article398 1992-02-18 23 Carta* Ex Ms Date Mkr Mhr payMMt data daaa payaMa tfea yaar last yw «MPT 4.2%(e) Fab 7 Feb 21 Fab 28 7.7% 5.75% team Find US10((b) Mar 10 Mar 20 Mar 30 US10C US10C Maa 2* 12.5%TE Mar 3 Mar 13 May 15 17 5%TE 12.5%TI NT398 words
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Article170 1992-02-18 23 Company Rights \%%m Me Pk lad Four tor-sewn g M» 50 per Aire. Ei-date. ten 3 Books dose ten 17 Acceptance t Payment Iter 5 Ma M Twotor-or* a $1.00 per share Ex-date tent Books dose ten 20 Acceptance t Payment Feb 28 teCt dtp One-tor-ton Mil 10170 words
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Article474 1992-02-18 23 Company Rights Ium Wf Tadi One-tor-ont 3 >100 par *air Ma ten of J90 9 78m man! amount oI 3.5* flBdiiwibli Unaand Guarantoad Bomb 1991/96 arih 45 4<9m datactt* warrants on ttw bass of <2 want amount of Bonds tor nam ttvae oustnj stares haU Cvary 6 nonanal474 words
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Article29 1992-02-18 23 Comnka Sparial Trig SoriplM Coanersfaa tadfat Period Tndh| (TOP) (ST) Jacks Let Jan 29 Feb 20 Jan 29 Feb 20 Feb 21 SPH NYA Times Pa* NYA29 words
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Article70 1992-02-18 23 Nnrat Brothers Ltt 77th AGM at 65 Chub Street #3300, OCBC Centre, Sinppore 0104, on Wednesday, Mar 4 at IOJOem Pubic Baft Bhd: 26th AGM EGM at The Balroom, Hotel Equatorial, Jalan Sultan Ismail, ***** Kuala Lumpur, on Wednesday, Mar 11, at 11am Careboe Padfc Ltd: 10th AGM70 words
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Article, Illustration590 1992-02-18 23 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 100. In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100590 words
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STOCK EXCHANGE OF THAILAND
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Article, Illustration2233 1992-02-18 24 Reuter SHARES closed higher yesterday, propelled by heavy demand for two major property issues and Bangkok Bank, brokers said. The SET index rose 10.72 points to 816.50 on a turnover of 11.72 billion baht. "We are starting to see some slow riseReuter; SOURCE: PONT DATA - 2,233 words
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Article1155 1992-02-18 24 Yesterday's market report for Jakarta was not available. On the scoreboard (based on stocks listed in BT), 14 counters rose, 44 fell and 30 were traded unchanged. RISES (Rp) Price Chute CP Prima 5500 400 United Traktor ***** 400 CP. Indonesia 4100 350 Bank Bali 7400 2501,155 words
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Page 24 Advertisements
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Advertisement7 1992-02-18 24 Enterprise Management in Business Times every Monday7 words
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Advertisement728 1992-02-18 24 BUSINESS TIMES Toll «r— TW No 737 0Q43 Fax No: 734 3696 IN THE MATTER OF THi COMPAME9 ACT, CAP. 10 AND AUN MANQ MVCVTMENTt FTI LTD fn voluntary letidatfon) AtanßaaordhSfyOenerdMeeHgof Heebotenemed oompery dJy oon%ened and held on 14 Feb 1002 m totoMng spade reeoMone war* peeeed RESOLVED IhE Aui728 words
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TOKYO STOCK EXCHANGE
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Article, Illustration2670 1992-02-18 25 Reuter STOCKS recouped early declines to close sharply higher yesterday, reversing a fourday losing streak. Brokers said intervention by the Bank of Japan (BOJ) and US monetary authorities to bolster the yen pulled prices out of the doldrums, but the underlying mood remained cautious. "TheReuter - 2,670 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2569 1992-02-18 25 AP SHARE prices on the Hongkong Stock Exchange tumbled in thin trading yesterday. The Hang Seng Index, the market's key indicator of blue chips, fell 53.13 points, closing at 4,719.19. Turnover amounted to HKS 1.704 billion, down from Friday's HK52.331 billion. Following Friday's record highAP - 2,569 words
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AUSTRALIAN STOCK EXCHANGE
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Article, Illustration2294 1992-02-18 26 Reuter THE LETHARGIC share market closed slightly down yesterday after the second quietest day this year. The market opened weakly with a lack of direction from overseas and struggled all day, trading four to five points down. A firmer banking sector wasReuter; SOURCE: PONT DATA - 2,294 words
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REGIONAL STOCK MARKETS
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Taiwan shares plunge on panic selling
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Article523 1992-02-18 26 STOCKS plunged on a late wave of panic selling that sent the index down 3.3 per cent by the close, brokers said. The weighted index slid 163.93 points to end at 4,859.48. Turnover was a moderate NT532.2 billion. "Sentiment is really very weak now... Investors have lost confidence," said523 words
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Article114 1992-02-18 26 WORRIES of tight liquidity with lack of market-boosting news continued to push stocks down for the second con- secutive day yesterday, brokers said. "There's nothing new in the market right now. And the tight liquidity situation is not helping the market much either," Ko Kyung-bae at Hyundai Securities said.114 words
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Article503 1992-02-18 26 SHARE prices slid below the 1,200 point level yesterday as investors stayed on the sidelines waiting for the market to snap out of a down cycle despite approval by the IMF of the government's stabilisation programme, brokers said. "The market has been on a down cycle. Even with the503 words
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Article213 1992-02-18 26 Reuter SHARES ended their two-session losing streak with a modest gain yesterday, with brokers encouraged by the market's general tone even if some leaders were lacklustre. "The market actually felt quite firm," said Buttle Wilson operator Peter Halligan who noted increasing private client interest in second and third-lineReuter - 213 words
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Article51 1992-02-18 26 Ctaac Pmlw +1Fefc 17 NEW ZEALAND NZSE-40 Capital 1,477.35 1,468.47 +1.88 Turnover (NZSmillioo) unav unav MMau Composite Index 1,179.10 1,201.73 -22.65 Turnover (million) 1,010 138 +872 TAIPEI Weighted Price Index 4,859.4® 5,023.41 -163.93 Turnover (NTS billion) 32.2 26.9 +5.3 SEOUL Composite Stock Index 640.14 647.71 -7.57 Turnover (billion won) 22251 words
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Page 26 Advertisements
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Advertisement19 1992-02-18 26 The smart addition to I your research 1 department is only a 8 phone call away Telephone: *****63, *****66,*****8919 words
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Advertisement9 1992-02-18 26 Read Personal Finance Investment in Business Times every Saturday9 words
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CURRENCY, MONEY & FUTURES MARKETS
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Article, Illustration657 1992-02-18 27 Magdalene Ng - By I Magdalene Ng Singapore The singa- pore dollar is not likely to J rise further against the green- back this year and could even weaken if the US unit manages to strengthen against 'other major currencies, Hongkong-based Political 'Economic Risk ConsultancySource: Perc - 657 words
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317 1992-02-18 27 Reuter TAIPEI Pressure for appreciation of the Taiwan dollar against the US dollar will continue in coming months but should ease later this year, Taipei foreign exchange dealers say. The local currency will ead 1992 at about NT524.80 to the US dollar, comparedReuter - 317 words
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Article376 1992-02-18 27 Crttt rates Feb 17 r- USS SS MS Dm Yen SFr AS NZS USS 1.6370 2.6080 1.6220 128.20 0.5634 1.4620 1.3245 1.8467 IKS 0.6109 1.5932 0.9908 78.3140 0.3442 0.8931 0.8091 1.1281 t* M$ 0.3834 0.63 0.6219 49.1564 0.2160 0.5606 0.5079 0.7081 Dm 0.6165 1.0092 1.6079 79.04 0.3473376 words
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Article537 1992-02-18 27 Interbank rates SS Bid Offer Overnight 3 3 1/8 1-month 3 3/16 3 5/16 2-month 3 3/16 3 3/16 3-month 3 3/16 3 5/16 Overnight mode: 3-1/16 tS$ Bid Offer 7 days 4 1/8 4 1/4 1 month 4 1/16 4 3/16 2 months 4 1/16 4 3/16537 words
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751 1992-02-18 27 REPORTS Reuter THE US DOLLAR plunged to end sharply lower in Tokyo after three rounds of dollar-selling intervention by the Bank of Japan (BOJ) in hectic Asian afternoon trade yesterday. The BOJ and the Federal Reserve started selling dollars when theReuter - 751 words
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Article1080 1992-02-18 27 SIMEX Open High Low Sett Est Vol Op/Int Vol Mir 92 95.83 95.85 95.83 95.83 1600 ***** 5724 Jun 92 95.59 95.63 95.59 95.61 4500 ***** ***** Sep 92 95.22 95.25 95.21 95.22 3000 ***** 9777 Dec 92 94.51 94.55 94.51 94.54 2500 6713 6815 Mar 93 94.191,080 words
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Page 27 Advertisements
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Advertisement6 1992-02-18 27 Chartpoint in Business Times every Saturday6 words
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COMMODITIES
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394 1992-02-18 28 Reuter GENEVA The politics of oil has left Opec with a muddled agreement unlikely to raise prices to the elusive target of US$2l (SS34) a barrel or smooth relations among diverging factions, oil analysts said. After a gruelling four-day meeting, theReuter - 394 words
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315 1992-02-18 28 Reuter LONDON Twelve months to the day since Woodhouse, Drake and Carey, one of Britain's oldest commodity houses, went into liquidation, depressed world commodity markets show little sign of returning to health. Banks have tightened controls on lending to commodity firms,Reuter - 315 words
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827 1992-02-18 28 REPORTS THE price of tin closed two sen lower at M$ 14.36 per kg on the Kuala Lumpur Tin Market on higher offerings yesterday. Dealers attributed the downtrend to the firmer ringgit, which discouraged foreign buyers from coming in more strongly. They827 words
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Article1374 1992-02-18 28 Rubber Feb 17 ■Mthfclifcdw) S cents/kg Noon Oox Int 1 RSS Prompt l28.5Cyi29.50N 128.2VI29.25N Int 1 RSS Mar 92 129.OCVI29.SO 128.75/129.25 Int 1 RSS Apr 130.25/130.75 I30.0CV130.50 Int 2 RSS OP I2S.5CVI29.50N 128.25/129.25N Int 3 RSS OP I28.00/I29.00N I27.7V128.75N Int 4 RSS OP 126.00/127.00N I25.7V126.75N Int 5 RSS OP1,374 words
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Page 28 Advertisements
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Advertisement723 1992-02-18 28 BUSINESS TIMES Toll If— m No 737 0043 -F«x No: 734 3698 IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF ADD-UP LAND DEVELOPMENT PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Members of the abovenamed company, duly723 words
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Advertisement591 1992-02-18 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF crrrrßONics pte ltd (Incorporated In the Republic of Singapore) At an Extraordinary General Meeting of Members of CITITRONICS PTE LTD duly convened and held at No. 1 Colombo Court #05-25, Singapore 0617 on the 13th day591 words
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Advertisement7 1992-02-18 28 Advertising Marketing in Business Times every Thursday7 words
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THE TRAVEL PAGE
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Article964 1992-02-18 29 C*y ETA n*t ETD Aha DkaU QA893 SQ228 KL837 QA893 SQ23 NZ35 GA52S BJ421 SQ181 BI429 8t95 1500 1910 1340 1500 1815 1530 1450 1105 1410 2030 2240 GA974 GA886 QF82 SQ24 GA974 KL838 SQ288 NZ36 SQ182 BI422 BI430 2245 2245 2115 0115 2245 2325 2045964 words
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Article, Illustration540 1992-02-18 29 Radu Timofte - POSTCARD FROM BUCHAREST By Radu Timofte Romania's newiyrich social elite may soon be donning top hats and tails for a day at the races as Bucharest revives its jockey club and race track after four decades of communist suppression. The Romanian Jockey Club (RJC), brutally540 words
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Article151 1992-02-18 29 As at 3pm yesterday: Local dollars to ooe unit of foreign currency Currencies Bid Offer Australian dollar 1.2300 1.2468 Canadian dollar 1.3638 1.3913 NZ dollar 0.8763 0.9117 Sterling pound 2.8911 ***** US dollar 1.6320 1.6390 Local dollar* to 100 units of foreign currency Austrian schilling 14.18151 words
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Article67 1992-02-18 29 Duration Title Venue Otpnatf Tel Duration Title Venue Oipiiw Td Mar 12-22 International Turin, Italy Torino *****569 Mar 28 International Ban, Italy Fieri Dd <39tt<V446M2 1992 Home Exhibition Esposizioni Apr 5 Fair for Leisure, Levante WV*****2 S-P-A 1992 Sports A Tourism Mar 25 Pension Piccadilly. Le Meridien67 words
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Page 29 Advertisements
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Advertisement38 1992-02-18 29 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. We knew Europe from atari to Pinniah38 words
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Advertisement24 1992-02-18 29 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 749-257724 words
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Advertisement51 1992-02-18 29 What do ese common? ®P wtiftk v K't nu> It 1)1<K FJLr And they've together for Michael Jackson's latest music video > VjjjmL v^ggjjfi l or a sneak preview -> 1 of Remember Hie Time, to Hie New Paper NEW, NEWS, NEWSY hi,.. ,"1 FROM LUNCH-TIME lit WT MONDAY TO51 words
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Page 29 Miscellaneous
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Miscellaneous234 1992-02-18 29 ACROSS M —H —H —Bp IHIHF IF H 7 Yet civilians lived such a |7 j j 8 It has many keys but nor- H| mally only one lock (5) 10 Visibly in tears (8) 1 1 1 I I I I I I I I I I I 11234 words
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Miscellaneous160 1992-02-18 29 Singapore Outlook: Showers over many areas in late afternoon and early evening. Report Maximum temperature 31.3 Assoc humidity 67% Minimum temperature 22.4 Assoc humidity 99% Hours of sunshine 3.55 Rainfall in mm. 3.4 Rainfall this month 19.2 Rainy days this month 3 World report Asia-Pacific Hi/Lo* Cond. Auckland 26/18 Showers160 words
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Miscellaneous12 1992-02-18 29 ~r a Piece, or tvc actcm.... GP,NGWP>V! -v f**" 0614 A MMCHttDNEMHNMITO,IHMM12 words
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430 1992-02-18 30 Guangdong seen becoming Asia's fifth 'dragon' Reuter HONGKONG China's paramount leader, Deng Xiaoping, has said his country's commitment to economic reform must last for a century, a Beijing-funded Hongkong newspaper reported yesterday. He also promised the southern province of Guangdong that itReuter - 430 words
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215 1992-02-18 30 Reuter BEIJING China will try this year to smash the "iron rice bowls" and "iron armchairs" of socialist privilege and make its inefficient and wasteful state enterprises respond more to the market, according to the state media. Major newspapers said yesterday that ChinaReuter - 215 words
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154 1992-02-18 30 Reuter TAIPEI Taiwan's central bank will lend local companies US$lO billion (S$ 16.33 billion) of its huge foreign currency reserves to help them invest overseas and complete major industrial projects on the island. The money will go to both state-owned and private enterprisesReuter - 154 words
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581 1992-02-18 30 UPI TOKYO The governing Liberal Democratic Party yesterday offered to sacrifice two top members to a probe launched by opposition lawmakers into a bribery scandal. The move was accepted by most of the opposition, paving the way for theUPI - 581 words
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229 1992-02-18 30 Reuter DALLAS Chief negotiators for Canada, Mexico and the United States began their first direct talks in Dallas yesterday in a bid to give life to a proposed North America Free Trade Agreement (Nafta). Delegation sources said plans to removeReuter - 229 words
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Article, Illustration766 1992-02-18 30 SAUL TRIPATHI; SAUL TRIPATHI - The Bottom Line SAUL TRIPATHI SAUL TRIPATHI The writer is a BT journalist THERE they go again, five Democrats and two Republicans, trying to convince hardy, predominantly white (98 per cent, in fact) rural Yankees why they must elect them to the White766 words
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399 1992-02-18 30 AFP MOSCOW US Secretary of State James Baker held talks with Russian President Boris Yeltsin at the Kremlin yesterday, amid reports that an initiative was in the offing aimed at stemming a Russian nuclear brain drain. A German diplomat at a European CommunityAFP - 399 words
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145 1992-02-18 30 Reuter MOSCOW Russia said yesterday it had signed up US investment bank Goldman Sachs as financial adviser to help attract foreign capital to kick-start the moribund economy. "We want to create a new image of Russia for foreign investors," Deputy Finance Minister Leonid GrigoryevReuter - 145 words
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408 1992-02-18 30 AFP NICOSIA Middle East peace talks so far appear to be unaffected by the surge in bloodshed over the weekend in Israel and Lebanon. Three senior officials from the Palestine Liberation Organisation (PLO) arrived yesterday in Damascus and were to meet Syrian authorities toAFP - 408 words
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Page 30 Advertisements
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Advertisement299 1992-02-18 30 1 Singapore's most popular Nitsuko Key Telephone System I GIVE YOUR na IHEEXKUIIVE TRMMDff Qmirwhad vwnylnes M leading to V fine hnes Retrieved a, the kx* o» IV ved baggy eves V k theonmof Crowed A stress ines Bemcved IP^Hj i open pores I and blackheads jAufIKV Removed Hk the299 words
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Advertisement9 1992-02-18 30 Taiwan's curb on foreign funds stuns investors, pg 29 words
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Advertisement15 1992-02-18 30 SINGAPORE COm f~ Distributor of the most sought after M Ksy Telephone System *****88 J15 words
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SHIPPING TIMES
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405 1992-02-18 31 Juliette Walker - By Juliette Walker SINGAPORE Norwegian carrier Ivaran Lines more than tripled its transhipment trade to 5,200 20-foot containers last year between South-east Asia and South America. "The transhipment business is increasing beyond our expectations," Ivaran chairman Erik Holter-Sorensen said on Monday on405 words
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250 1992-02-18 31 Reuter LONDON The tanker market remained depressed with all eyes fixed on the Opec talks in Geneva, brokers said on Friday. "No doubt the result will be a reduction in quotas which of course is not particularly good news for the tanker market butReuter - 250 words
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324 1992-02-18 31 Rahita Elias - By Rahita Elias SINGAPORE Singaporebased salvor Smit Tak Towage Salvage has clinched a contract to rescue and tow to Singapore the crippled tanker which exploded off Singapore waters on Sunday. Abel Dutilh, Smit Tak's managing director, told BT, that324 words
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357 1992-02-18 31 BANGKOK Thailand's National Peace-keeping Council (NPKC) has ordered checks on parties which could gain from a plan to separate Laem Chabang Commercial Port from the Port Authority of Thailand (PAT). The Bangkok Post reported that the request for the NPKC check357 words
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187 1992-02-18 31 Reuter TIRANA Poverty-stricken Albania was forced to suspended all passenger rail transport because it has been deemed completely unsafe. "The situation is terrible and there was danger of serious accidents if we kept the service running," said railway administration director Astrit Salillari on Friday.Reuter - 187 words
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LOG BOOK
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128 1992-02-18 32 RIO DE JANEIRO, Brazil A passenger ferry sank in the Amazon River after colliding with a fishing boat on Saturday, domestic news reports said. At least 10 passengers on the ferry were reported killed. The accident occurred near the remote jungle town of128 words
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Article78 1992-02-18 32 LONDON Russia's Transport Minister, Mr Vitaly Yefimov, on Friday described a planned strike by air traffic controllers as "intolerable", and said the problem should be solved in another way. Speaking on Russian television, monitored in London by the BBC, Mr Yefimov said the government was seeking78 words
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Article81 1992-02-18 32 NICOSIA Strike-bound Cyprus Airways has made arrangements with other airlines to carry thousands of passengers, mostly holidaymakers, hit by the dispute. "The airline has made alternative arrangements for all Cyprus Airways passengers," an airline spokesman said on Sunday. Ground engineers walked out on Thursday when two of81 words
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Article83 1992-02-18 32 KARACHI, Pakistan Uzbekistan and Pakistan signed an accord for each to start a once-a-week air service between the two countries from March. Pakistan's Civil Aviation Authority chief Air Vice- Marshal Mohammad Yunis said Pakistan International Airlines would operate a return flight on the Islamabad-Tashkent route while83 words
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Article71 1992-02-18 32 REYKJAVIK An American Airlines Boeing 767 passenger plane made an emergency landing in Iceland after losing power in its right engine, airport authorities said. The plane, flight number AA 55, was on its way from Manchester to Chicago with 175 people on board when it was71 words
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Article80 1992-02-18 32 LONDON A US tug is due to arrive on Friday to help salvage the Maltese bulker Alexander's Ability grounded outside Freeport harbour, the Bahamas, Lloyd's Shipping Intelligence Service said. Contractors have not yet completed the removal of bunkers from the 24,213-dwt vessel, which is stuck80 words
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Article60 1992-02-18 32 LONDON Inspection of the Turkish-flag vessel Naz K showed that the ship did not sustain any damage after running ground on Monday afternoon in the Bosphorus, Lloyd's Shipping Intelligence said. The 5,639-dwt vessel had been refloated on Tuesday. The owners declared general average on Feb 12, and60 words
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Article838 1992-02-18 32 CHARTER activity in the dry cargo freight market on Friday failed to pick up from depressed levels and rates were again easier, brokers said. The Baltic Freight Index dropped eight points to stand at 1,315. There was talk US$22 had been paid on the US Gulfitfapan grain route838 words
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Article, Illustration1416 1992-02-18 32 Richard Knee - Most shippers are unhappy over an increase in surcharge imposed by the Transpacific Westbound Rate Agreement conference. Richard Knee reports Richard Knee American Shipper Exporters of high-rated perishables and low-rat-, cd commodities such as waste paper arc furious over a new round of surcharge adjustments, most of themAmerican Shipper; Source: Bunker prices - 1,416 words
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Article866 1992-02-18 32 Pa* Col ABC Containerline 12 1 Accord Group 8 1-3 APL 3-5 A PC Line 5 Arrow Inter 4 ASCL 9 ANL 1/2 Bait Canada Line 4/5 Bait Orient Line 4/5 Batamindo 10 Bangladesh Shpg 5 The Bank Line 5 Ben Line Cont 17 4/5 Bengal Tiger866 words
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Article6041 1992-02-18 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 maximum6,041 words
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Article3329 1992-02-18 45 A HC Containerline NV: Belsin Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adluis Business Corporation Philippine Calsource Shpg A Trdg Pte Ltd (S) Ahrenkiel Uner Service: Kim Shpg A Trdg(S). Albatros Sea-Air Service: Frata Shpg Pte3,329 words
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Article257 1992-02-18 45 Abacus Couriers Td: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844. Fax: *****16, *****80. Airswtft Worldwide Conner Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Liak International Tel: 344-3377. Fax: *****50. Cluster Link Supplies A Services257 words
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Article1551 1992-02-18 45 A hex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7812: Fax: *****20. AeroUak Freight International Td: 545-803TFax: *****05. Tdi°s42-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74, *****50. Air Market Expreaa1,551 words
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Article2656 1992-02-18 46 ARGENTINA Labour working normally this week. Buenos Aires: Port busy with most general cargo berths occupied: no delays except for vessels needing a particular berth (gantry crane, deep draft etc). San Lorenzo; Port busy with 6 vessels operating of which 4 loading pelletized meals, I loading grain. I2,656 words
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Article1296 1992-02-18 46 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Tanu 126,579 dwt and built 1977 Mitsubishi, best offers invited. Bulkportofino: 72,858 dwt and built Feb 1974 Yugoslavia, official ideas at USSB million but as brokers trying less. Trying 2 years time-charter back. Mariann: 64,064 dwt and built Mar 1977 Hitachi,1,296 words
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Article556 1992-02-18 46 ARRIVALS DEPARTURES Op Flight Type ETA T From Op night Type ETD T To TODAY TODAY NCA KZ203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL6I7 B747F 0345 I TYO KAL556 words
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Article676 1992-02-18 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Air Dep Nunc of Vessel ETA LTD Ports of CaUs Port Ageat FEB 18 18 Cora Princess 1000 1800 Sin-Jakarta Sembawang Johnson 19 19 Royal Pacific 1000 1800 Sin-Jakarta Ocean Trade Chartering 20 21 Mikhail Sholokhov 1200 1700 World Cruise S'pore Soviet Shipping 20 20676 words
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SHIPS IN PORT
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Article448 1992-02-18 47 —o^wrtm Vessel ¥oy Wo Berth Hmvil Depart™ Marina Terminal 1 Anting 40 po; 1&02/1500 1902/1800 AungSuYu 01A/92 M04 akxvside 1702/1500 *****• P04 1802/0900 1802/1200 Batam Ma«u *****2 M04 alongside 18 02/0500 Bonastaf 2 ***** W 1802/0730 1902/0630 Batam Murni *****2 M04 akxvside 1802/2300 i Eastefn a OK/92448 words
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Article233 1992-02-18 47 lonotg roft Bwfc 1: Kris Madura; 2: nil; 3: Iron MM; 4; Enter Preneur; 5; nil; 6: Bunga Setawar. 01 Jetty Stott Aquamarine, Ira 101, Santi. DC* ml. foe on FA 17: Hansdoot. Fraternity L. Johan Pearl, Singapore Bridge, Uni Moral, Barge Josmdo Satu, Barge Kuala Siak233 words
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Article889 1992-02-18 47 RECEIVING OF EXPORT FCt CONTAINERS AND LCL CARGO Koccrd Booking/Balance Rrits Wp Voy No Etb/Btr Piriod From To From ACX 72A 19/1500 3 18/0700 18/1159 18/1400 4 18/1200 18/1459 18/1700 Mi fnumpto ***** 19/0900 1 17/1500 17/1659 17/1900 2 17/1700 18/0659 18/0900 3 18/0700 18/1159 18/1400 4 18/1200889 words
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419 1992-02-18 48 UPI HOUSTON Foreigners who get off airplanes illegally here and ask for asylum are likely to find themselves imprisoned at hotels near Houston Intercontinental Airport, the Houston Chronicle reported on Sunday. Their jailers are private security guards hired by the airlines. The US immigration andUPI - 419 words
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306 1992-02-18 48 UPI MOSCOW The cash-strapped Russian airline Aeroflot has implemented a two-tier system of fares one for Russians and one for foreigners but Russian officials on Thursday shrugged off separate fares as no big deal. The US Embassy, however, has lodged a formal protest. OtherUPI - 306 words
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Article, Illustration188 1992-02-18 48 AFP BRUSSELS The Japanese car-maker Honda is planning a 40 per cent increase in its car-han-dling capacity at the Belgium port of Ghent to allow for higher sales in Europe, Honda said here on Friday. Honda officials said the company was negotiating withAFP - 188 words
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228 1992-02-18 48 Reuter LONDON Delta Airlines will seek US government support to block British Airways and KLM Royal Dutch Airlines from entering the US market, a senior Delta executive said. The two European airlines are reportedly discussing cooperative pact that could give them accessReuter - 228 words
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218 1992-02-18 48 Reuter MEXICO CITY A large oil spill in the Gulf of Mexico poses no immediate threat to a nature reserve that serves as a flamingo breeding ground, a spokesman for the Mexican Navy said on Sunday. He said the spill,Reuter - 218 words
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Page 31 Advertisements
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Advertisement348 1992-02-18 31 AQQI imP Nedteyd Lines Every 3,000 Years Or Soy IP An Innovative Approach lo Containerization Changes History yOU 3TG largest and most innovative companies, we have made it our task to recognize new market I nI n O changes and exploit them Uldl 11 111 Ilpdl for you Hence, Nedlloyd348 words
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Advertisement240 1992-02-18 31 Nodßoyd FAR EAST TO EUROPE/ MEDITERRANEAN CALL: 221 8989 SUMMARY TWRA surcharge squabbles arise EXPORTERS of high-rated perishables and low-rated commodities such as waste paper are furious over a new round of surcharge adjustments, most of them upward, in the westbound Trans-Pacific. But the managing director of the carrier's conference240 words
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Page 32 Advertisements
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Advertisement54 1992-02-18 32 NOTICE NOTICE M.V APPLAUSE VOY.I AKRO SINGAPORE 11/2/92 CMMifWM of aUdMDftfed cargo* nd» MfiuMil «Md I* tarty ■oMa* tm a fcwnl aarway wll be bald oa tba I9tb Mm; 1993 (Weda«a4ay) Faair Paaiaii Wlunw m rf9 0900-1)00 bom. No farther nnty will k Agmtn "K" Um, Kiakjd (A S*i iltw54 words
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Advertisement75 1992-02-18 32 A MONTHLY MAGAZINE OF BUSINESS TRENDS What's In store for the stock market In 1992 How "green" is our Island? Where are property prices headed? 9 Time for time-share resorts In Asia Ujj^ Staying on top In the convention business Aerospace extravaganza in Changl Hotelier makes history come alive Hassle-free75 words
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Advertisement8 1992-02-18 32 tor advertising enquiries, contact Shipping Timet, lei 740-20H9/740-2090.8 words
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Page 33 Advertisements
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Advertisement2585 1992-02-18 33 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES *****11 FAX: *****09 \UMmW BOOKINGS TEL: *****234 *****58 TERMINAL/CFS TEL: *****218 220 PBftftMTl PESAKA JARDINE SHIPPING AGENCIES BDN. BHD. L VWQf J PORT KELANG TEL: *****18 FAX: *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Z=Z= Dedicated to Quality Service ipoh2,585 words
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Advertisement1686 1992-02-18 33 TRANSPORT DIARY Feb 21-24: Air Traffic Services in the 21st Century 4th Symposium, jointly organised by Civil Aviation Authority of Singapore. Federal Aviation Administration. USA. Department of Civil Aviation. France and State Institute for Air Navigation. USSR at the Raffles City Convention Centre. For further information please contact Singapore Aviation1,686 words
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Advertisement1476 1992-02-18 33 mamssassm NEXT SAILING TO MIDDLE EAST TREIN MAERSK VOY. 9205 ETA SIN 20/2/92 veeaet Voy ETA ETD Feeder by DESTINATIONS Johanna to Thla week Marie Maerafc 9204 111 l IW n jm.l lJl.lTnWTggffWW— CY 18/2 0800 MRS Port CFS 17/2 2359 HftS Kelang Penang OAK LQB HOU MEM ATL MIA1,476 words
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Page 34 Advertisements
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Advertisement1346 1992-02-18 34 R'DAM/ VOY NO S PORE JEDOAH S'HAMTON H'BURQ ANT IE HARVE KAMAKURA 21/107 20/2 29/2 14/3 10/3 0/3 SBB KITANO 12/307 23/2 11/3 13/3 16/3 17/3 WJBfflP'S; HAMBURG EXPRESS 07/108 27/2 7/3 21/3 17/3 16/3 lAmmUI TOKIO EXPRESS 04/306 1/3 18/3 20/3 23/3 24/3 i Ml KATSURAQI 10/109 5/3 14/31,346 words
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Advertisement727 1992-02-18 34 6EASPAC SERVICE DUtCI SOUTH HCriC g»«CE SIN NOU SUV PPT IMPERIAL 3202 EB 23-28/2 12/03 16/03 20/03 PALEMBANQ 3301 EB 25-27/3 7/4 10/4 14/4 Transit Tlrrw (13) < 18) (22) ALSO ACCEPTING CARGO VIA SUVA TO: lAUTOKA, PAGO PAGO. APIA. NUKUALOFA, P. VIA FASTEST SERVICE TO CM.E/PHWJ SIN Ct-X KX)727 words
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Advertisement1468 1992-02-18 34 f REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SM ALG BCL HAM ME ROT ANT FD. DM (VIA (VIA AL6) MM) ion r«NA tr! is?! 2i/m if/2» if/« 21/03 23/03 24/03 »/03 26/03 27/03 Mrtutiwi MMTA7AM QMi M/Sf S'ffi 20/03 30/03 31 #3 01/04 02/04 03/ M MHSAtM1,468 words
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Page 35 Advertisements
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Advertisement1844 1992-02-18 35 U STRAITS SHIPPING PTE LTD mtL 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa*: *****17 ACCEPTS DUE SALS B'KOK i.'Vi"""* <«■«.. i*«« i.'T >hi. M KSSr™"*" I!™ AAJAX BROOKE (fos€ Mujri Lab KN i|.i« F«b 20 Fib 21 Feb ¥.172(1 22-23 FIB 2S-2C FES STIAITS STAR1,844 words
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Advertisement1104 1992-02-18 35 SINGAPORE AGENT: PX»|| /\||f n inA|*C P4 Containers (Singapore Agencies) Pte Ltd 9 is Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 W iP rrt 225 22 33 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 v CR Number: **********0Z EXPORT IMPORT SlSbrKv S5 ss, sss. sj, su,1,104 words
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Advertisement106 1992-02-18 35 SOW? TO Mai bb>w ran klmc. mat t sau Murw VOK nm GUDANG FMM. DCSTMATION GOMU M5/02E 22/2 22/2 KUCtWC/FONTIMM fiMA V.020X 20/2 20/2 9BU/SMKQ SWK K*T KEIANG FMM. DCSTVMTKM •fiMA ■M 3 20/2 21/2 PORT KEIANG GMA > VJ3E 23/2 9BU/KUCMNC aa *.co 3 20/2 21/2 kuchmg GM V106 words
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Page 36 Advertisements
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Advertisement457 1992-02-18 36 CR NBR **********0-0 EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/VOY SPORE ROAM,ADAM H'BURG BREMEN ANTWERP MATARAM 31WB 24/2 30/3 5/4 8/4 12/4 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject to Inducement. Alao accepting cargo to Caaablanca, Port Said, Port Alexandria, Qenoa, Trtoete. ALSO ACCEPTING BOTH CONTMNERS, CONVENTIONAL CARGO VIA457 words
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Advertisement1366 1992-02-18 36 OHANJIN shipping] FOR »Sl HR UNI HAUL IB OAK FT* HI SM lUK HAUL SAV U NYC i'.l VL'\ 25/3 ?«/2 N NWMOtt 021E J/« 5/4 n J\ i /4 2/3 H. ICWrORK 039E J/« 10/4 12/4 S SSSI V /4 HAR» KWAR6TAR6 0W 9/3 H. YOKOHAMA 038E 11/4 17/41,366 words
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Advertisement1286 1992-02-18 36 AmM AU d TrJ ■T^T?Tl^ 11 cmmitu ?S» 2?, 2?f 5/» T, 71,0 1U cw wc im) m n nr m no cm ra. m I I J IF! l l'l *2 'K .l'\ ,K! V' .1(1 1/3 >/« 3/4 >*/* 15/4 lt/4 17/4 11/4 21/4 1/5 12/5 13/5 I1,286 words
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Page 37 Advertisements
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Advertisement1890 1992-02-18 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (Cfl NO: **********0E) BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 MM UK/EUROPE SERVICE *****89 IMPORT -CFS MB2 *****69/*****96 AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 NEPLINE SDN BHD MALAYSIA K.1.-<O3)1,890 words
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Advertisement916 1992-02-18 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQWRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03 *****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES [wTBOUW-OCCHMgjG WCSTBOUND-LO/CTK TMWHPPED«MTTaPAM W B |m WW l»916 words
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Page 38 Advertisements
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Advertisement1508 1992-02-18 38 9 M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) I V 14 T TEL' *****77 TELEX: KAWAKIRS23I6S FAX-*****07/Q^d I I v 1 P V MALAYSIA: 'K' UNE MARTTIME (MALAYSIA) SON BHD rTTT lk TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 MMR KAWASAKI KISEN KAISHA, LTD1,508 words
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Advertisement692 1992-02-18 38 PHILI OMCNT LIN€S PTC LTD r 108 Robinson Road 107-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 QfjO BY AIR, LAND OR SEA.... 4/^ JBgL WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION —I itfitiititrffiirrmiiiiiiiiflTi riimrrrrr tin fifTfm 21 FEB SYDNEY,692 words
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Advertisement327 1992-02-18 38 GOLDEN LINE A GUAM GUAM SHPPMG (PTE) LTD a tmjrm im mmnm tm m m_ U«^(IIU^FeOUW gmMiMMmg Sport P. Mam MUBI KM CalNka/taacti/tMai 24/27 Nk fioioei n« CMa/undi/Mk VI am emaumnem m China rod H/22 Fab MOM qi Iff Shantov a/a Fak a HI J/4 Har A «JQ Nuan|p«/Sitanfha< 24/327 words
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Page 39 Advertisements
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Advertisement1075 1992-02-18 39 agsSgPfl PACIFIC INTERNATIONAL LINES (PTE) LTD V Vlf 140 Cecil Street. #03-00 PIL Building, Singapore 0106. T«l: *****33 CR NO: **********0E VCSSCL VOV tiN j*T auj VCSSCL VOV BIN BKK OiN KOTA HAKYAT mi wi ,1/1 im <M »AMUT SMM7 It/1 M/l 1/1 EQUATOR MAS mm 10/1 ai£ 2/5 KOTA1,075 words
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Advertisement1178 1992-02-18 39 EacßenV F CLASS CONTAINER TRANSPORT FEEDER VESSEL PENANG P KELANG OCEAN VSL/VOY SIN SOU (t) RTM (2) HAM (3) I OPT (4) ANSON/TBN 14/2 15/2 JUTLANPA 2062 18/2 6/3 8/3 9/3 11/3 ANSON/TBN 21/2 22/2 SELANQIA 2072 25/2 13/3 15/3 16/3 18/3 ANSON /TBN 28/2 28/2 BENALDER 2062 3/3 20/31,178 words
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Advertisement449 1992-02-18 39 M MYANMA W* FIVE STAR UNE 1 (Myanmar NttiOßSl Um) Loading for Yanfoa (RanftMM) Sport P.IUf Pan FW« WWII VMM a/a F* *ramnu n«M vsm* /2 m* AVA VII4M 4/ 7 Mar •MUM VI74M 10/13 M* \g>THE lUUIK UHE (A tfttoßal Audi W*k RNppNn) MHONTAMI mvt^ \l HCAVY LIFT CAPABILITY449 words
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Advertisement558 1992-02-18 40 BB STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS 111 BOUND VESSELS KISSEI m V N IK u cosmc nacu u m pt 11/2 MUA MM 1 11/2 CKWC TIAMI 23 21/2 2S/2 SUi IUCTt IS 21/2 24/2 MAKE MM 22 27/2 25/2 OUTBOUND VESSELS LOAPHIC FPU NAG/TOH/StN COSMIC558 words
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Advertisement74 1992-02-18 40 S'pore P Kelang Loading for I ■NORMAN MMWO 19/2 22/2 Rdm/Atw/UK/Nantes S pore Loading for I SKY Sid Muscat/Dubai/Dammam/Kuwait I RISER 29/2 Oubai/Bahrain/Dammam/Kuwait I HpUMA 10/3 Aden/Hodeidah/Jeddah I HuSE 15/3 Hodeidah/Jeddah/Aqaba/Port Said I S pore Loading for HbETANAVIS Los Angeles/New Orleans/ I Charleston/Norfolk/Camden Hp AN MARINER Los Angeles/New Orleans/ I74 words
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Advertisement101 1992-02-18 40 WEEKLY Ml CONSOLIDATIONAm JSmm BOMBAY MADRAS CALCUTTA f COLOMBO KARACHI CHITTAGONG I EL~*****88 FAX:*****83 Ibocsl EUROPE/ S.E.A. BREAKBULK SERVICE KUKIANG CAREER UMUKN 10-14/1 ANTWERP 22/1 10 PORT KELANG 20/2. SMGAPORE 22/2 KAOHSRMG 29/2 JM BREm 7-10/2 ANTWRP 1115/2 TO PORT KELANG. SMGAPORE. HONGKONG, KAOHSUK, OSAKA. CHBA IBM ANTHEAP 20-21/2 TO101 words
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Advertisement1216 1992-02-18 41 ■f NEDLLOYD GIVES YOU MEDITERRANEAN EXPRESS «H»«SEL PM POI OCEAN VESSEL SM LEH(3) RTM(I) HMI(Z) R* FU SOU GOT VESSEL Jkt P*g fw Tto SM STuyi Auckland F#(A) TMm Lytt*en(B) Dm*(B) NapMr Wafcgtan(C) Taurangi B. Seroia/829 -W. Bhum/557 15/2 13/2 Leda Maersk/9204 19/2 ANR 8/3 10/3 12/3 11/3 12/3 13/31,216 words
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Advertisement771 1992-02-18 42 TO AUSTRALIA/NEW ZEALAND pi [s£ |Fra« |lWk |ly4 |«Mk |NK |P. CNALM mabtna iat iTi «7T" is/s 19/1 n/i "I m7l ellen mm »T T573 m/s *75 2/4 i/i 19/4 —win. m 11/4 i 7/» 21/4 n/i 175~ aTs c. krouc zn~w* ITS «7s i 9/» 11/s 1575 TO USA/CANADA771 words
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Advertisement794 1992-02-18 42 ETOin TO HONGKONG, TAIWAN, MANIA I JAPAN "TUB NEEftT" MALACCA STRAITS SERVICE OUTHIMO WY Ptl PEN MT ISMI MM NKC UOKarYOrOK»IZMOUB|| VOSa VOV lAN |ML KN M.N «N »g ROUT M -177 **H. 2 18i 2U ti.2 2U u u u u *cx act ~nT uT Tu nj iu~ MI794 words
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Advertisement195 1992-02-18 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD n* no ru mk pwt kqjme nmm OUIJM* In Port Lotto* for Mati MNN HUM l«/ 2 loadw* tor Calcutta W* 20 n 23/2 Loa*«| for Mak wm im 25/2 loading For Mai* DOMMMJO 10/3 Loaded For Fctaaru mxKSi nan 27/2 21/2195 words
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Advertisement1701 1992-02-18 42 CHINA OCtAN SHIPPING COMPANY PULL CONTAINER LINER SERVICE J mum's MOTS: $MGAPORE*S GENERAL AGENTS N»E»'S MOTI CHUNG CHMO SHPPM6 SON BHD COST U SHPPING PTE LTD P-T. GLOBAL PUTRA I -mSKMr &-jrjgm mm GUAN GUAM SHPPMG SON BHD CR NOV IE7S7S9OOOOM 2£ FELi ,„m PJQjMG TEL: *****C/7, 3C***** AOO 2MSTMROM1,701 words
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Advertisement597 1992-02-18 43 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. SPORE 0207 HOT LINE *****33 24 LINES LIMASSOL/PIREAUS 23/2 ROTTERDAM 23/2 HAIFA/ ASHDOO/ALEXANDRIA 23/2 HAMBURG/BREMEN 23/2 MARSEILE/FRANCE 23/2 FELIXSTOWE/UK 23/2 BARCELONA/SPAIN 23/2 LEHAVRE/ANTWERP 23/2 GENOA/ITALY 23/2 GOTHENBURG/SCANOINAVIA 23/2 LOS ANGELES/WC/PI 23/2 SYDNEY/MELBOURNE 20/2 HEW YORK/EC 23/2 FREMANTLE 25/2 VANCOUVER 23/2 BRISBANE/ADELAIDE597 words
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Advertisement980 1992-02-18 43 RICHFIELD MARINE A6ENCIES (S) PTE LTD TEL: *****33 (12 Urm) m PAX: *****15/*****03 00] TELEX: RS ***** RtSHIP (3 Urm) pP\ ETIIIOPtAN StHPPMG UMES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOADING FOR SPORE ABYOT 28WB 30/03 DARESSALAAM MOMBASA DJIBOUTI ASSAB MAS SAW A ABBAY980 words
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Advertisement765 1992-02-18 43 JAKARTA BANGKOK WTI MM 21S 19/02 22/02 MUM BHUM# 9<M WM 19/02 Sit 22/02 MU BHUM 131S a/02 25/02 MWJJWM## MM Ft! 21/02 Mw 24/02 BEHJ* BHUM Z2S 27/02 n 02 W*T> BHUM 71 Um 23/02 WM 2«/>2 MU BHUM 132S 20/02 1/03 SM BHUM* 494R Mi 24/02 T>— 27/02765 words
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Advertisement1667 1992-02-18 44 fPg M AC-NELS S'PORE IMPORT: *****11 I PENANG: (04) *****6 SIBU: (064) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 Due to expansion and linking with our Warehouse Transhipment Departments together, our Inward Department will move to: Block 1,1,667 words
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Advertisement1019 1992-02-18 44 I THONG SOON LINES PTE. LTD. 77 ROBINSON ROAO #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: 2278)11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO ftSSEL M ET* BCST IBM. HI ~Vm |P. ni KIM SOON LI 46/92E 19 FEB PENANG EQUATOR JEWEL 57N 211,019 words
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Advertisement8 1992-02-18 47 Saturday in Business J •-S v .r/ J8 words
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Advertisement231 1992-02-18 47 STAGER FRBQHT SERVICES PTE LTD /s^ W TEL 273-3838 FAX* 274-1100 PK: 03-*****60 »PEM 04-*****2 •JKT: 21-*****1 •88Y. 31-*****0 SIN LH/PAR FFURT/MANNHEIM IfIUN/MADRIO PORTO ATHENS/PtR STUTTGART VALENCIA LISBON THESSALONNCI *3/2 13/3 17/3 17/3 18/3 19/3 >/ 3 19/3 23/3 23/3 24/3 25/3 TTIt Hi iilfni f SIN VCR MTL/TOR SIN231 words
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Page 47 Miscellaneous
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Miscellaneous290 1992-02-18 47 TIDES AND WEATHER TODAY'S TIDES (hefht in metres) HOI* 0000 0100 0200 0900 0400 0560 0(00 0700 0100 0900 **********00 *****400 ISM 1600 *****100 1900 2000 2100 2201 2301 JR 26 2.4 20 1.5 LI 09 10 12 1.6 2.4 31 3.3 13 2.9 23 1.5 09 05 0.3 03290 words
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Advertisement1134 1992-02-18 48 CHARTPOINT Every Saturday in Business Times I MERCHANT MARINE CO. LTD. EASTBOUNP FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST Fgpp 101 m pa> Ml lit haul wiuo iw m a u» haul wt mo tch/sk rn NANHAI2M *040 15/02 lf/K 14/02 H. anOBO 4<£ 21/02 M/ 03 12/03 13/13 GOUKH1,134 words
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Advertisement646 1992-02-18 48 CHARTPOINT Every Saturday in Business Times YOUR INDIAN SPECIALIST SN JKT PKL PEN BKK MNL JOH BSB tfil *****11 *****66 *****98 *****8 *****29 *****76 *****1 *****3 tax *****59 *****14 *****88 *****8 *****17 *****79 *****5 *****6 our usa SERVICE CALLS [tatotan [55 fm IktoM 1% mI uu low |NM IMI lot/646 words
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