The Business Times, 12 January 1993

Total Pages: 48
1 48 The Business Times
  • 14 1 SINGAPORE Business Times WE KNOW ASIA MITA (P) 552/12/92 Tuesday, January 12, 1993 75*
    14 words
  • 2am LATEST
    • 72 1 AP WASHINGTON US Prcsi-dcnt-clcct Bill Clinton's choscn budget chicf, Leon Panctta, said yesterday that the campaign promise of a tax cut for the middle class would rank behind the new administration's efforts to slash record budget deficts and give the economy a long-term boost. He
      AP  -  72 words
    • 69 1 GENEVA Negotiators from 108 states have launched a fresh bid to wrap up main elements of a long-delayed international trade treaty within the next few days, trade officials said yesterday. But they said it was too early to say whether the effort to complete
      69 words
  • 109 1 Stock market indices Monday Change STII 1.543.96 -12.20 KLSE Composite 621.46 -8.05 Nikkei 16.589.55 -45.14 HangSeng 5.673.10 +143.54 SET Index 926.70 +5.91 Jakarta Composite ...278.52 -0.58 CLSA China B 1,182 54 +59.33 AustAUOrd 1,514.1 +11.8 FTSE 100 2,773.4 -25.8 Monday Prt»io«n llam clow Dow Jones 3.254.89 3.251.67 Exchange
    109 words
  • 693 1  -  From Neil Behrmann in LONDON THE world bullion industry is hoping that South-east Asia and China will come to the rescue of gold this year. Gold has made an inauspicious start to the New Year, with the market worried that
    Source: Bloomberg  -  693 words
  • 512 1  -  By Shoeb Kagda SINGAPORE Proposed foreign investments in Malaysia's manufacturing sector plunged 42 per cent in 1992 and will fall further due to a sluggish world economy and competition from China, Vietnam and other lower-cost countries. International Trade and Industry Minister Rafidah
    512 words
  • 155 1 AP WASHINGTON Economic forecasters have predicted that US businesses will create 1.59 million jobs this year, the most in four years, but a weak showing compared to other economic recoveries. If the forecasters are right. President-elect Bill Clinton will enter the
    AP  -  155 words
  • 476 1 Reuter HONGKONG A member of Governor Chris Patten's inner circle of advisers yesterday questioned whether Hongkong should push through with his democratic reform proposals in the facc of furious opposition from China. Felice Lich Mak, appointed by Mr Patten three months ago
    Reuter  -  476 words
  • 410 1  -  Interview with Deputy Mayor of Xiamen From Catherine Ong DIRECT FLIGHTS between China and Taiwan eould be a reality before the end of this year or early 1994, predicted the deputy mayor of Xiamen, Mr Zhang Zongxu. His optimism is, however, not shared
    410 words
  • 371 1 SINGAPORE Senior Minister Lee Kuan Yew never used the word "conspiracy" in referring to British and American intentions concerning Hongkong and China, his press secretary has clarified. In a letter to the Asian Wall Street Journal, Mr James Fu noted that a conspiracy meant
    371 words
  • Page 1 Advertisements
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    • 80 1 Property Construction Japanese builders in S'pore hit P% 24 BT starts news exchange with MBT To give our readers more timely reports on stories on the same day that they appear in business developments in Malaysia, BI has MBT. A similar news exchange was recently started an exchange or news
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  • SINGAPORE NEWS
    • 264 2  -  SftliPING -By Rahita Elias SINGAPORE'S shipping industry seems set to sail in fairer weather this year. Unlike last year which saw a sharp drop in freight rates, the industry expects to perform better, given the stronger US economy and the still-buoyant growth in the region. According
      Source: PSA  -  264 words
    • 457 2  -  By Chuang Peck Ming TAX HOLIDAYS under the pioneer status incentive scheme have been extended to the film-making industry to promote Singapore as a creative business centre. Two firms from Hongkong and one from Australia have been short-listed for tax-waiv-ers under the scheme,
      457 words
    • 205 2 GOVERNMENT-LINKED Singapore Technologies Industrial Corp (STIC) has formed a joint venture with Japan's sec-ond-largest casting company to do casting for the electronics, aerospace and other industries. The move is in line with STIC's plan to make more val-ue-added products. The joint venture will enable STIC
      205 words
    • 329 2  -  By Ramesh Divyanathan SINGAPORE Chinese embassy officials are discussing with Singapore authorities the fate of a group of 128 illegal Chinese immigrants found onboard a cargo ship bound for the US. A spokesman for the People's Republic of China Embassy here said
      329 words
    • 689 2  -  Elections in February promise to be hotly contested By Lee Han Shih SINGAPORE An election in mid-February will see the Singapore Chinese Chamber of Commerce and Industry (SCCCI) getting a new president, a new set of council members and perhaps a new and much-needed
      689 words
    • 487 2  -  Response to call for greater support for Chinese projects By Quak Hiang Whai SINGAPORE BANKS yesterday defended their strong stand against lending to major overseas projects without sound mortgage arrangements. Responding to a call by a Singapore businessman for greater support for Chinese
      487 words
    • 288 2  -  By Dawn Tan TRADING company INC Enterprises Pte Ltd has been put into provisional liquidation under the weight of debts exceeding $20 million. Business Times has learnt that the local trading company was put into the hands of High Court-appointed provisional liquidators Messrs
      288 words
    • 154 2 MORE service and market-ori-ented companies are setting up operational headquarters (OHQ) in Singapore to tap the growing Asia-Pacific market, said Philip Yeo, chairman of the Economic Development Board, yesterday. These OHQ companies come not just from the industrialised countries but also from
      154 words
  • Page 2 Advertisements
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  • THE REGION
    • 551 3 Japanese PM pledges support for Indonesia's development plans AP Reuter Bernama JAKARTA Japanese Prime Minister Kiichi Miyazawa arrived in Jakarta yesterday on the first leg of a South-east Asian tour and was immediately urged to open up his country's economy. "More tariff barriers
      AP; Reuter; Bernama  -  551 words
    • 300 3 Reuter UPI YANGON The military regime yesterday unexpectedly adjourned a much heralded national convention which it organised to draw up guidelines for a new constitution. The meeting of some 700 delegates, which began on Saturday, will adjourn from today until Feb 1 to allow
      Reuter; UPI  -  300 words
    • 299 3  -  From Harish Mehta in PHNOM PENH CAMBODIAN firms imported about US$lOO million (about Ssl64 million) worth of cigarettes from Singapore companies last year, but most of these were smuggled by Phnom Penh firms into neighbouring Vietnam. The smuggled cigarettes are
      299 words
    • 298 3 AFP BANGKOK A fall in the international price of rice, competition from Vietnam, and a disease that has hit local rice fields is giving the opposition an opportunity to undermine the government, a source said yesterday. Since November, Thailand's biggest opposition party,
      AFP  -  298 words
    • 304 3 AP KUALA LUMPUR Prime Minister Mahathir Mohamad said yesterday that Malaysia has lost faith in some of the developed nations that have claimed to champion human rights. Dr Mahathir was commenting on the assassination of Bosnian Deputy Prime Minister Hakija Turajlic
      AP  -  304 words
    • 408 3 Reuter HAADYAI, Thailand Asian rubber producers said yesterday a failure by consumer countries to renegotiate the International Natural Rubber Agreement (Inra) could force them to revive a supply pact to improve prices. The Association of Natural Rubber Producing
      Reuter  -  408 words
    • 514 3 Knight-Ridder TOKYO A shortage of domestic oil refining capacity is forcing Indonesia to seek overseas processing arrangements to meet its gas oil needs, regional sources say. "The running rates are more than 100 per cent (of nominal capacity) at Indonesian refineries," said
      Knight-Ridder  -  514 words
    • 618 3 MBT KUALA LUMPUR The government wants the Light Rail Transit (LRT) transport system project to start as soon as possible this year to avoid having the cost rise further. The project, which has been postponed for several years, has seen its
      MBT  -  618 words
    • ASIA NOTES
      • 94 4 Reuter MANILA Philippine President Fidel Ramos yesterday rejected the idea of creating a force of "secret marshalls" to fight kidnap gangs terrorising wealthy Filipino-Chinese families. Outrage after the killing last week of a 15-year-old Filipino-Chinese girl during a shootout between police and her abductors in Manila
        Reuter  -  94 words
      • 63 4 AP BEIJING China's urban unemployment rate this year is expected to be about 2.3 per cent, but that still means millions of people are out of work, the China Daily said last week. The report did not give an absolute figure. But
        AP  -  63 words
      • 83 4 AFP TOKYO China plans to build three large naval bases along its eastern seaboard by 1998, but financial constraints are holding back its ambitions to buy an aircraft carrier, the Kyodo news agency reported yesterday. The new bases, located in Liaoning province at a
        AFP  -  83 words
      • 89 4 AFP HONGKONG South-east Asian markets are the best places to invest in this year, with their growth potential and the benefits from China's impressive economic growth. The investment firm Jardine Fleming said yesterday: "We continue to favour the South-east Asian markets mainly because of their
        AFP  -  89 words
      • 83 4 Reuter MANILA Philippine efforts to spur higher economic growth will be hit hard by a severe power crisis this year, delaying any rebound until 1994. London-based stockbroker Baring Securities Inc forecast yesterday: "Real growth will only be realised in 1994 as the severe shortfall in
        Reuter  -  83 words
      • 51 4 AFP JAKARTA Indonesia has increased cement prices by around 9 per cent following last week's rise in domestic fuel and electricity costs, the trade ministry said yesterday. "The rise in electricity and fuel costs affects production, and it is necessary to adjust the price," it said.
        AFP  -  51 words
      • 87 4 UPI MANILA Imelda Marcos said yesterday that she would not sign*;an agreement to repatriate US$356 million kept by the Marcoses in Swiss accounts because the pact could put her in contempt of court with a US tribunal. The former Philippine First Lady said the agreement violated
        UPI  -  87 words
    • 774 4  -  From Catherine Ong in XIAMEN FOREIGN investors in this somewhat laid-back Special Economic Zone (SEZ) of Xiamen are not expecting the new mayor to lift this former concession port out of its complacency. It is not that they do not have
      774 words
    • 403 4 HONGKONG The fate of millions of dollars of Hongkong investors' cash hangs in the balance after the Canadian government last week froze three immigrant investor funds following an investigation which uncovered serious problems in their administration. The Sunday Morning Post reported that
      403 words
    • 183 4 Reuter TOKYO Many Japanese companies feel they are saddled with excess workers given the current economic slowdown, the Labour Ministry said in a report yesterday. Industries such as steel, electrical appliances, securities and information services, in particular, believe they have too many
      Reuter  -  183 words
    • 481 4 Reuter TOKYO Japan's increasingly desperate search for a cure for its sick economy appears to be leading to an income tax cut, but most analysts say stronger medicine is needed to get the nation back on its feet. Private economists said yesterday
      Reuter  -  481 words
    • 531 4 215 dead in six days; all commercial activity at standstill Reuter BOMBAY Bands of Hindus attacked Muslim shops and homes in Bombay with stones, firebombs and acid yesterday as security forces struggled to quell riots in which at least 215
      Reuter  -  531 words
  • Page 3 Advertisements
    • 10 3 Thailand to sell Russia 500,000 tonnes of rice, Pg 15
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  • Page 4 Advertisements
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  • REGIONAL FOCUS
    • 788 6 Beefing up may destabilise balance of power in Asia by the end of the decade NYT BEIJING Buoyed by a strong economy, China is making far-reaching improvements in its Armed Forces, leaving many Asian countries feeling increasingly threatened by the behemoth in the neighbourhood.
      NYT  -  788 words
    • 263 6 NYT BEIJING China's army is being upgraded in almost every area, but military experts say the crucial improvements in the 1990s will be these: China has purchased 26 advanced fighters, Su-275, from Russia, and is said to be considering the purchase of many more.
      NYT  -  263 words
    • 663 6 BANGKOK Continued economic reforms will facilitate mainland China's cooperation with the Asia-Pacific region. The Sat ion reported yesterday, quoting a recent Thailand Development Research Institute study. The study. China and Economic Cooperation in the Asia-Pacific Region, cautions that Chinese cooperation
      663 words
  • Page 6 Advertisements
    • 312 6 Someone dose has beenßving Your son in Canada is studying for some years, overseas. ftuVegkreniv And vou writing those KTTTTTm una you long letters. want him The Straits Times ■KB close to home weekly tells it better. -with news (Hemght RrfWPWItS from home. comeback after reading all the good news.)
      312 words

  • THE WORLD
    • 533 7 Reuter SUMBURCIH, Scotland Hurricane-force winds threatened to smash the crippled oil tanker Braer to pieces yesterday as severe storms forced Prince Charles to cancel a visit to the Shetland Islands disaster site. The ferocious gales, which forecasters said could worsen during the day.
      Reuter  -  533 words
    • 560 7 NYT WASHINGTON The latest showdown between Washington and Baghdad demonstrates once again, two years after the fact, how sharply the denouement of the war in the Persian Gulf differed from what the victorious allies expected at the time. By defeating Saddam Hussein's
      NYT  -  560 words
    • 341 7 AFP LONDON British officers accused Australian troops of cowardice and desertion in the face of the Japanese assault on Singapore in World War 11, according to newly released documents. The Daily Telegraph on Monday quoted a report from a British officer who said:
      AFP  -  341 words
    • 333 7 Reuter LONDON British consumers remain wary of borrowing to finance spending, consumer credit figures for November published yesterday showed. Central Statistical Office figures showed net consumer credit the change in consumer credit outstanding rose just £15 million (5538.4 million) in November
      Reuter  -  333 words
    • WORLD WATCH
      • 76 8 AP MOSCOW Russia plans to export about US$l5.4 billion in non-military goods, raw materials and services this year, a news service reported on Sunday. Military hardware exports account for a significant percentage of Russia's hard currency earnings, but the government has not released any
        AP  -  76 words
      • 90 8 Bloomberg WUERZBURG, Germany The German government should not use inflation to ease the burgeoning budget deficit, Bundesbank director Otmar Issing said. Speaking at the 150 th anniversary celebration of the Wuerzburg Chamber of Commerce and Industry, he said Germany's Constitution requires the government to rule
        Bloomberg  -  90 words
      • 96 8 AFP LONDON British newspaper publishers were meeting yesterday on proposals for stiff new press controls denounced by an industry spokesman as "a disaster for democracy." The centrepiece of the proposals is said to be a press complaints tribunal consisting of a judge and two
        AFP  -  96 words
      • 20 8 MOGADISHU, Somalia A US military police questionng Somalis arrested trying to steal arms from US Marines.
        20 words
    • 344 8 Reuter DUBLIN Ireland's opposition Labour Party, ending two months of political uncertainty, on Sunday overwhelmingly approved a coalition deal to share power with Prime Minister Albert Reynolds. This paves the way for Mr Reynolds to be re-elerted premier today when parliament returns.
      Reuter  -  344 words
    • 610 8 NYT HOLM DEL, New Jersey As the collapsing Russian economy began to threaten the republic's most respected research institutions last year, several American companies recognised a grand opportunity. They began to hire Russian scientists on the cheap, for the equivalent of a
      NYT  -  610 words
    • 568 8 NYT ANAHEIM, California The glass ceiling for women in economics is rather thick: only a few are tenured professors at the US top-ranked universities, and men dominate the prestigious specialty of theorising about how economies work. Whenever women ask the American Economic Association to set
      NYT  -  568 words
    • 628 8 Reuter PARIS As unemployment in France climbs inexorably towards three million ahead of elections in March, the ruling Socialists are taking a hard line against job-cutting firms, in an attempt to deflect criticism from the Right. Henri Emmanuelli, Socialist president of the National Assembly,
      Reuter  -  628 words
    • 306 8 UPI BONN UN Secretary-Gen-eral Boutros Boutros-Ghali demanded in an unusually blunt statement yesterday that Germany fully participate in UN peacekeeping operations, saying that without its help the world body could not fulfil the objectives of its charter. Speaking at a news
      UPI  -  306 words
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  • COMPANIES & MARKETS
    • 616 9  -  But HK's oldest hong won't leave colony despite China-Patten row Reports by Amy Balan SINGAPORE Jardine Matheson, Hongkong's oldest hong which recently invested $350 million in Singapore, wants to expand its presence here and in the region. The group intends to
      Photo by Chris Loh  -  616 words
    • 262 9 SINGAPORE At 50, after serving nearly 30 years in Britain's diplomatic and civil service, Sir Charles Powell switched sides and went into the world of business. At first it seemed a vastly different world. Appointed as executive director of Matheson
      262 words
    • 668 9  -  HOCK LOCK SIEW By William Chia SINGAPORE The entrepreneurial Ong Soon Kiat, who heads diversified electronics group Goldtron Ltd, appears to have pulled ofT another coup through his tie-up with listed Tongkah Holdings Bhd to carry out two joint ventures
      668 words
    • 208 9 SINGAPORE Low Hua Kin, a director of Pacific Can Investment Holdings, has been appointed managing director and chief executive, after raising his stake to 23.45 per cent. His appointment will take effect on Jan 28, the same day that Pac
      208 words
    • 352 9  -  By William Chia SINGAPORE Summa Investments Ltd. which is controlled by Indonesia's financial-ly-strapped Socryadjaya family, is believed to have sold its stake in Keppel Finance in a crossed deal yesterday. A block comprising 6.65 million shares, or 4.83 per cent of
      352 words
    • 184 9 Reuter KUALA LUMPUR Malayan Banking Bhd has denied market rumours that it plans to make a cash call through a rights issue. "Malayan Banking wishes to clarify that the bank has no plans to call for a rights issue, as it has sufficient capital to
      Reuter  -  184 words
    • Article, Illustration
      344 9 Source: Bridge Info Performance of STII's index stocks Jan 11 IM Vast ladex Stork sale Chgc factor root rrs <S> W S Avimo 1 900 -0020 1.59 2.12 AC 7.050 -0 100 589 10 58 Cerebos 4 780 0020 400 -2 12 < oW Store 2 890 0050 2.42
      Source: Bridge Info  -  344 words
    • COMPANIES
      • COMPANY BRIEFS
        • 63 10 SINGAPORE Mrs Tan-Wee Wei Ling has been promoted to general manager of Plaza Hotel. Formerly assistant general manager, Mrs Tan is the daughter of Mr Wee Cho Yaw, chairman of both Plaza Hotel and United Overseas Bank. She holds a BA degree from Nanyang University
          63 words
        • 73 10 SINGAPORE Jurong Engineering Ltd (JEL) has announced that it has received acceptances for 4,949,400 rights shares, 50,600 rights shares short of the Firm's one-for-Five rights issue of 5 million shares at $2.10 each. Excess applications have been received for 897,250 shares. The rights
          73 words
        • 162 10 MBT KUALA LUMPUR Amanah Merchant Bank (AMB) said Hong Leong Credit's (HLC) offer to acquire the entire issued and paid-up shares of Msl each in Zalik Bhd at M 53.50 is currently sufficient attractive from the Financial perspective of Zalik shareholders. However, the merchant
          MBT  -  162 words
      • 286 10 MBT KUALA LUMPUR Public Bank's 70 per cent-owned stockbroking firm, P B Securities is waiting for the Sri Lankan Stock Exchange to end the freeze on applications for new stockbroking firms before making any formal applications to set up a branch
        MBT  -  286 words
      • 309 10 MBT KUALA LUMPUR Publiclisted London Pacific Insurance Co (LPI) and Commercial Union Assurance (Malaysia) will co-underwrite Public Bank's new Cargo Plus marine insurance scheme on a 50:50 basis. The scheme, targeted at me-dium-sized local traders, will put all marine trade transactions,
        MBT  -  309 words
      • 553 10 Malaysian companies ready for acquisitions abroad, says consultant MBT KUALA LUMPUR Malaysian companies have been urged to consider using mergers and acquisitions (M&A) as tools to expand their business to other countries. This can form an alternative to, or complement, the preferred method
        MBT  -  553 words
      • 52 10 MARIETTA, Georgia Construction workers beginning to dismantle the rotted sheet metal siding off "Big Chicken", Kentucky Fried Chicken's five-storey landmark, after high winds tore a piece of the metal off last week. Pigeons nesting in the mechanical bird were suspected to be the cause of the
        52 words
      • 480 10 Bernama KUALA LUMPUR Amalgamated Steel Mills Bhd (ASM), a member of the Lion Group, is still waiting for a formal approval from the Ministry of International Trade and industry regarding its proposed acquisition of a 75 per cent stake in Sabah Gas
        Bernama  -  480 words
      • 181 10 Reuter TOKYO Troubled Japanese trading firm Itoman Corp has applied to the South Korean government to set up an export unit in Seoul, a company spokesman said. The application makes Itoman the first of the 12 Japanese trading houses that received
        Reuter  -  181 words
      • 593 11  -  Enquiry to focus on period before announcement of Rural Bank sale By Schutz Lee Singapore The New Zealand Securities Commission yesterday confirmed it is cooperating with the Australian Stock Exchange (ASX) in reviewing the trading in the shares of Fletcher Challenge
        593 words
      • 164 11 AFP TOKYO Japan's Sanyo Electric Co announced yesterday the establishment of a US$27 million (about Ss44 million) compressor venture in Indonesia, its fourth overseas production base for compressors and its fourth Indonesian unit The new company, located at Bekasi in West Java,
        AFP  -  164 words
      • 303 11 UPI BEIJING China plans to select 10 more enterprises this year for authorisation to raise funds and seek stock listings on foreign exchanges, a state-run newspaper said yesterday. The China Daily reported the 10 "are to be chosen from various
        UPI  -  303 words
      • 309 11 Reuter LONDON Conglomerate Trafalgar House pjc said current trading remains difficult and it sees no early upturn in its businesses. "Trading conditions continue to be difficult and as yet there are no convincing signs of recovery in the group's
        Reuter  -  309 words
      • COMPANY BRIEFS
        • 64 11 Bloomberg HONGKONG The territory's stock exchange has appointed a former Hang Seng Bank official, Gordon Hing Lun Tsang, as executive director of finance and operations services, effective immediately. Mr Tsang, who will be the exchange's financial controller and in charge of trading and technology, was
          Bloomberg  -  64 words
        • 56 11 Reuter HONGKONG Hongkong's Wharf Holdings said in a statement it had appointed Edward Cheng as its finance director. Mr Cheng joined the Wharf Group in 1987, and has held various senior positions. He is also managing director of Wharf Hotel Investments Ltd and managing director
          Reuter  -  56 words
        • 53 11 Reuter HONGKONG Nike International Ltd and its China distributor, Xie Feng Footwear Corp, will open China's first Nike shop in Shanghai on Saturday. A company statement said the store will open on January 16 and contain the largest selection of Nike products under one roof
          Reuter  -  53 words
        • 86 11 Reuter TOKYO Japan's six major metal companies have decided not to participate in developing two Chinese copper, zinc and lead mines, spokesmen for Sumitomo Metal Mining Co Ltd and Mitsubishi Materials Corp said. The six, headed by Mitsubishi Materials, sent a mission in September 1992
          Reuter  -  86 words
      • 255 11 Reuter HONGKONG Shanghai Dazhong Taxi Co Ltd has set up a car leasing and rental joint venture with the Chicagobased Hertz Coip, one of the world's top car hire companies, said an official at Standard Chartered Asia Ltd, Dazhong Taxi's financial adviser. "Shanghai
        Reuter  -  255 words
    • FINANCE
      • 458 13  -  Krung Thai reorienting operations as a commercially-run bank By Loh Hui Yin SINGAPORE State-owned Krung Thai Bank, which is reorienting its operations along the lines of a commercially-run bank, has been tapped to help lead the Thai government's effort to distribute
        458 words
      • 242 13 SINGAPORE Keppcl Bank's cheques can now be encashed at any of the bank's 13 branches in Singapore. This means that customers can cash their Keppel Bank cheques at the nearest Keppel branch instead of having to go back to the originating branch as has been
        242 words
      • 704 13 Reuter MADRID Spanish bank profits will stagnate this year with the slowing economy, after recording a drop of between 5-10 per cent in 1992, bank analysts and officials say. The sector's once powerful surge of profits, averaging 15-20 per cent a
        Reuter  -  704 words
      • 203 13 AFP Reuter TAIPEI Taiwan is investigating a major fraud case in which people opened bank accounts under false names and wrote cheques without depositing enough funds to cover them, authorities said yesterday. "We've been investigating the bad cheque case for months and there are quite
        AFP; Reuter  -  203 words
      • 260 13  -  By Paul Ong SINGAPORE US-based factoring giant Heller International Group Inc and Lion Land Bhd have acquired Malavsia's oldest factoring company Matang Factoring Sdn Bhd. Matang will be renamed Heller Factoring (Malaysia) Sdn Bhd. It will be a joint venture between Heller International
        260 words
      • 393 13 Bloomberg HONGKONG The territory's banking commissioner David Carse will work with Hongkong's banks on their lending policy before a number of Chinese state-run companies make initial public share offers later this year. But Mr Carse does not expect to impose
        Bloomberg  -  393 words
      • 329 13 Reuter CHICAGO The launch of Chicago Board of Trade futures and options on the Wilshire Index next week may rekindle a feud between the CBOT and the Chicago Mercantile Exchange that has laid dormant for years, market watchers say. "Here we go again,"
        Reuter  -  329 words
      • 269 13 Reuter HONGKONG Private holdings of foreign currency in China, once the almost exclusive preserve of the state, have hit more than USSIO billion, a Beijing-owned Hongkong newspaper said yesterday. Currently about USSIO.2 billion (5516.3 billion) worth of currencies from 32 countries ranging from
        Reuter  -  269 words
      • SMALL CHANGE
        • 84 14 Reuter TOKYO Shiseido Co Ltd said it will issue US$2OO million (SS33O million) in warrant bonds due on Feb 4, 1997. Issue price will be set at par and the coupon rate will be determined later at the company's board meeting. Shiseido said in
          Reuter  -  84 words
        • 71 14 Reuter TOKYO Teac Corp, the magnetic recording devices maker, said it will publicly issue 10 billion yen in domestic convertible bonds, maturing March 31, 2000. The bond will be issued at par, and the coupon rate will be decided at a company board
          Reuter  -  71 words
        • 113 14 Reuter MELBOURNE National Australia Bank Ltd said it had no comment on a report that it planned to sell its Papua New Guinea subsidiary for about Asl4 million (5515.5 million). The Australian Financial Review newspaper reported that the bank was negotiating the sale
          Reuter  -  113 words
        • 85 14 Reuter LONDON The Bank of England said it forecast a money market shortage of around £200 million (SSS2O million). The central bank did not offer any early help to the market. Among the main factors affecting the position are the take- up of Treasury
          Reuter  -  85 words
        • 90 14 Reuter ROME Italy wants the lira to return to the ERM as soon as possible, but the currency grid must find greater stability. Treasury Minister Piero Barucci said. Asked if the lira would return to the ERM in 1993, Barucci said: "We want
          Reuter  -  90 words
        • 73 14 Reuter LONDON Banco Espanol dc Credito (Bancsto) has set a USSI billion Euro-commcrcial paper programme, backed by corporate loans to prime Spanish names, said arranger JP Morgan. The sccuritiscd deal is the first of its kind in Europe, said JP Morgan. The Euro-commcrcial paper
          Reuter  -  73 words
      • 286 14 NYT TOKYO As part of Japan's overall financial deregulation, securities houses will introduce an immediate-cashing service either in June or sometime after for investors of money market funds and medium-term government bond funds, which are two primary mutual fund trust products offered by
        NYT  -  286 words
      • 445 14  -  From Salil Tripathi in BOMBAY INDIA has virtually abolished the foreign exchange regime that had for two decades crippled hundreds of foreignowned and Indian companies, sent Coca Cola and IBM out of India, and prevented Indian companies from becoming global players. In an ordinance promulgated
        445 words
      • 657 14 But traders see shorter-term interest rates holding steady for now NYT NEW YORK Longer-term interest rates are coming under upward pressure again as investors and traders seem to be focusing on the uncertainty over the coming change in administrations and the Democrats' taking control
        NYT  -  657 words
      • 390 14  -  From Rajendra Bajpai in NEW DELHI THE Indian rupee has shown remarkable resilience and held its own against the world's major currencies in 1992, and is unlikely to take a major knocking this year, analysts said. Fears that the rupee might
        390 words
      • 153 14 The US dollar opened softer on profit taking as the weekend I passed without an eruption of < hostilities in Iraq. Iraq averted military retalia- < tion by removing anti-aircraft i missiles from threatening positions in southern Iraq. Dealers, however, remained cautious as < tensions
        153 words
      • 193 14 Reuter LONDON The dollar had a slow day yesterday, despite renewed tension in the Gulf following news of an Iraqi raid into Kuwait to seize weapons. The US currency dipped below 1.63 marks in European afternoon trading but recovered from its lows to end the day at 1.6285 marks
        Reuter  -  193 words
      • 198 14 Knight-Ridder TOKYO The Ministry' of Finance is not considering a new set of bond issues to raise funds exclusively for its fiscal investment and loan programme in fiscal 1993-94 (April-March), according to a Ministry of Finance official. The fiscal investment and loan programme
        Knight-Ridder  -  198 words
      • 80 14 Knight Ridder NEW YORK The US dollar was lower against most of the key currencies yesterday, holding to narrow ranges in technical trading. At 11:50 EST. the dollar traded at 1.6290 Deutschemarks, down from 1.6470 late Friday in New York, and at 124.95 yen, down from 125.35. Some
        Knight Ridder  -  80 words
      • Article, Illustration
        1663 14 iaJf »i ii(hu d inJf\ laliululeJ agam\i S'pore't lop 14 trading partmis Bom' year 198 < US$/S$ forward rates Noon Jan 11 s$ Bid Offer 1-month 1.6571 1.6586 2-month 1 6557 1.6572 3-month 1.6545 1.6560 6-month 1.6506 1.6526 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am yesterday: Singapore dollars
        1,663 words
    • COMMODITIES & FUTURES
      • 350 15 Move is all-out effort to reduce stock and raise price to acceptable level The Nation Bangkok Post BANGKOK Thailand has agreed to sell 500,000 tonnes of rice to Russia as part of an all-out effort to release stock and boost the price
        The Nation; Bangkok Post; Source: USDA  -  350 words
      • 380 15 AFP BANGKOK A productionsharing contract (PCS) is expected to be framed soon for Malaysia and Thailand to jointly exploit seabed resources in an area claimed by the two countries in the Gulf of Thailand, officials said last week. The
        AFP  -  380 words
      • 492 15 Shortage of fuel cited as one of main causes for shortfall Reuter HAVANA Cuba, traditionally the world's biggest raw sugar exporter, will have less sugar to offer for sale in 1993 than the previous year, a senior Cuban sugar trade official said on Friday.
        Reuter  -  492 words
      • 173 15 Reuter DLBAI Iran has cut oil output to 3.S million barrels per day (bpd) to comply with an Opec quota set in November and is ready for more cuts to support oil prices. Oil Minister Gholamreza Aqazadeh said. The Iranian news agency
        Reuter  -  173 words
      • 265 15 Reuter MOSCOW Kazakhstan expects another record grain harvest in the near future and could sell more than half of it to Russia, Kazakh Prime Minister Sergei Tereshchenko said on Saturday. "Kazakhstan will produce 35 million to 37 million tonnes of grain in the near
        Reuter  -  265 words
      • 432 15 Bloomberg ENERGY REPORT Bloomberg LONDON Crude oil futures gained in New York and Lx>ndon yesterday as speculation grew that there could be an allied military response against Iraq, traders said. After appearing to back down on Friday, by moving its missiles
        Bloomberg  -  432 words
      • 590 15 Reuter MELBOURNE The Broken Hill Pty Co Ltd's development of Vietnam's Dai Hung oil field will push the Australian oil, steel and minerals group into the big league of oil producers and significantly boost profits, analysts say. A consortium
        Reuter  -  590 words
      • 1437 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures ended steady yesterday against Chicago's overnight close after tracking a narrow range for most of the session. Dealers said the contract was supported by the softness of the dollar as the US unit lost its safe-haven strength
        Reuter  -  1,437 words
      • 1036 16 COMMOtXTIES REPORT Tin THE price of tin retreated to close 28 sen lower at MS 14.82 per kg on the Kuala Lumpur Tin Market yesterday in line with the US$B5 drop on the London Metal Exchange last Friday. Last
        1,036 words
    • 1727 16 Rubber Jan 11 HAS Commodity Exchange (futi ires dosing as at Ipm) RAS (physical pria RSS 1 Contract (S cents/kg) Buyers Seders Close Volume Open As at 12 noon (o cents/kg) Month High Low Sett (tonnes) Interest RSS 2 Feb 92 143.75 I44.75N Feb 93 Mar Apr 0.00
      1,727 words
    • REGIONAL STOCK MARKETS
      • 1086 17 11.8 The sharemarket bounced back at the close as buyers moved in to capitalise on three days of heavy losses yesterday. The All Ordinaries had dipped sharply in morning trade, sinking below the 1,500point benchmark amid heavy futures selling. However, it recovered to close 11.8 points up at 1.514.1,
        1,086 words
      • 567 17 +0.78 Shares closed slightly higher but a round of profit-taking took some of the steam out of a new year's rally. Manila's Composite Index sprinted to the day's high of 1,320.00 points before settling at 1,314.09. up 0.78 point from Friday's finish. Oil issues advanced but blue chip commercial
        567 words
      • 577 17 -82.81 Stocks finished sharply lower on profit-taking from Saturday's 2.6 per cent gain. Brokers said investor confidence remained very weak ahead of a cabinet reshuffle expected by early February. The Weighted Index closed 82.81 points or 2.6 per cent down at 3,171.24. Turnover fell to a moderate TSB.3 billion
        577 words
      • 411 17 -1.35 Profit-taking as a reaction to a three-day bull run pushed the active stock market down after fluctuating in a narrow range during the session, brokers said. They said the market would maintain a downward trend for the time being but expected the consolidation would be short-lived. "The market
        411 words
      • 234 17 -26.90 Leading shares led the New Zealand share market lower at the close, brokers citing weakness in offshore markets and a lack of buyers in the still thin summer market. The NZSE-40 Capital Index closed down 26.90 points at 1.499.96 points. Volume was a very thin NZ$lO.2 million.
        234 words
      • 90 17 The Bombav Stock Exchange (BSE) was ordered closed by its governing board as Hindu-Mus-lim clashes for the sixth consecutive day took the death toll to 150 and paralysed normal life in many parts. "We will decide on reopening of the market later in the day or early tomorrow morning,"
        90 words
    • WORLD STOCK MARKETS
      • 628 17 -25.8 Shares ended sharply lower yesterday, under pressure as last week's profit-taking continued and following hefty selling of ITSE futures, dealers said. However, a positive tone on Wall Street in the afternoon helped lift the ITSE 100 Index above its session low of 2,761.5. The Index closed 25.8 points
        628 words
      • 161 17 -38.05 French shares dropped to a sharply lower close yesterday, dragged down by hefty falls in several weighty shares and by heavy trade on CAC-40 Index futures, dealers said. A fall in French bond futures also depressed sentiment, as did political tension over Iraqi incursions into Kuwait and the
        161 words
      • 149 17 -0.51 pc The Stockholm bourse recovered much of its earlier fall, but closed slightly lower yesterday, mainly as a result of higher money market rates and hesitance among foreign investors. "Foreigners are fundamentally positive, but the crown's exchange rate makes it difficult for them," said one broker, who added
        149 words
      • 185 17 +0.14 Belgian shares ended slightly firmer yesterday in a market dominated by retailer Delhaize which surged after the company released a better-than-anticipated profit forecasts on Friday. The Bel-20 Index of leading shares closed 0.01 per cent, or 0.14 points, firmer at 1,144.11 francs. A total 1.065 billion francs worth
        185 words
      • 176 17 -1.78 pc Italian shares closed lower yesterday, weakened by profit-taking on several large blue chip stocks ahead of tomorrow's expiry of options' contracts. The MIB All Share Index ended 1.78 per cent lower at 992, with the underlying trend at the close slipping by the same amount to 991.
        176 words
      • 199 17 -1.62 Dutch shares closed weaker yesterday. There was little investment, as a subdued dollar and bond market Amsterdam Jan II Fk ABN-Amiu 51*) -I \egon 75 70 I AhuM DM I Mm IMjM 2 Xlrenu 207 JO -6 Amc> *0 uiKh Boh 40'•O -I Bursuim *<hr> 5400 -16 Buhmun
        199 words
      • 230 17 +0.44 German share prices ended mixed yesterday after a slow session which saw strength in the car sector provide support to the broader market, share traders said. The DAX Index of 30 leading German shares closed 0.44 points higher at 1,531.96. Short covering after early technical weakness also helped
        230 words
      • 260 17 -10.5 Swiss shares closed lower yesterday in moderately active trade as last week's consolidation continued, dealers said. The broad SPI Index ended 10.5 points down at 1,220.8. Nestle fell on rumours, denied by the company, that it planned a capital increase. Nestle said the rumour surfaced every now and
        260 words
      • 317 17 +28 South African shares were up, but oIT their earlier highs at the close yesterday as the market continued its bullish start to 1993. The JSE Industrial Index climbed 28 points to 4.562. The gold index climbed 11 points to 801. Dealers said De Beers was again leading shares
        317 words
      • 237 17 -7.1 Toronto stocks were mixed in subdued early dealings yesterday as Wall Street continued under pressure, traders said. "The first week of January was sloppy and it looks likely to spill over into the second week," said John Ing, president of Maison Placements Canada Inc. The TSE 3()0 slipped
        237 words
      • 661 17 -17.29 Stock prices on Wall Street inched up yesterday as investors awaited details of President-elect Bill Clinton's economic and fiscal policies. At 11:00 am (1600 GMT), the Dow Jones Index of 30 leading industrials stood at 3.254.89, up 3.22 points, with some 66 million shares having changed hands.
        661 words
      • 742 17 Britannia Funds Merlins (ash Bid (Miff Mim Cip Deposit ******0 *38 0X10 Mim Jerses CiiH 0 1867 0.1*4 Mim Ma* Income *0<»800 *1 0200 I S$ Cash Income Plus Fund *****0 10 5500 PS Reserve Fund 5 MOO 5 2100 Sttrlina Lquif> Euro Piifni—i 0.433? 046*3 Fx EasJ Fund *2
        742 words
    • Article, Illustration
      2854 18 Reuter THE blue chip Hang Seng index ended 2.6 per cent higher, pulled out of its gloom by overseas buying which some local analysts viewed as overoptimistic. The index closed 143.54 points higher at 5,673.10, its day's high. The broader All Ordinaries Index was 66.04 points higher at 3,031.63.
      Reuter; Source: Bridge Info  -  2,854 words
    • Article, Illustration
      428 18 THE Shanghai A shares soared by 10.48 per cent yesterday to drive the CLSA Shanghai A Index to 6,562.94. A string of positive news reported in the Shanghai newspapers fuelled the surge in both the Shanghai A and B share markets. The CLSA Shanghai B Index was also driven
      428 words
    • Article, Illustration
      2485 18 Reuter STOCKS' ended down but off lows after program buying pushed the benchmark Nikkei average up from morning lows in late trade, brokers said. Occasional buying from public pension and insurance funds also underpinned prices but most other investors were sidelined. "Buying orders were not very large, but even
      Reuter; Source: Bridge Info  -  2,485 words
    • Article, Illustration
      1666 18 STRONG interest in banks continued in afternoon trade, but brokers said the rises were slowing down from last week. The SET index rose 5.91 points, or 0.64 per cent, to close at 926.70 on turnover of 8.80 billion baht. The eight most highly traded stocks were all banks. Thai
      Source: Bridge Info  -  1,666 words
    • Article, Illustration
      790 18 Reuter JAKARTA Jakarta stock prices closed mixed yesterday, with buyers focusing their interest on the industry sector, brokers said. The official index eased O.SB points to 278.52. Semen Cibinong ended at 5,575 rupiah after reaching 5,800 in the first session, compared with 5,550 at the previous close. Tjiwi Kimia
      Reuter; Source: Bridge Info  -  790 words
    • 2248 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Multi-Purpose 7.052,000 Pub Bk Foreign 2.048.000 kjmunltng SOc 1.724.000 Kcnons Bhd 50c 1.468.000 M Banking 696.000 M Resources 692 000 Landmarks Bhd 561.000 Bcr)ava Leisure 465.000 DM Bank 50c 410.000 Promci J54.000 Tan Chong 50c 354.000 K.L Industries 326.000
      Source: Bridge Info  -  2,248 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 4666 19 Bernama KUALA LUMPUR Stocks liquidation following poor market sentiments took the local bourse to its lowest closing yesterday in almost three months. The KLSE Composite Index at the close fell 8.05 points to 621.46, its lowest since the 623.87 closing recorded on
        Bernama; Source: Bridge Info  -  4,666 words
    • STOCK EXCHANGE OF SINGAPORE
      • 6727 20  -  By Dexter Lee SINGAPORE Share prices fell across the board yesterday in thin trading, with blue chips like OCBC Foreign and Sembawang Shipyard among the biggest losers. Malaysian counters were also high on the sell list, amidst growing expectations that Malaysia would
        Source: Bridge Info  -  6,727 words
      • Article, Illustration
        70 20  -  HOT STOCK Quak Hiang Whai SU MM A VEST rose sharply from the middle of last year but failed to break the resistance at 80 cents. That surge brought its weekly RSIs and stochastics slightly into the overbought region. The nine-week moving average also appears ready to cut the
        SOURCE: BRIDGE INFO  -  70 words
  • Page 9 Advertisements
    • 207 9 SEEING "THE BEST IN JEWELLERY HONG KONG INTERNATIONAL JEWELLERY SHOW 93 MARCH 18-21,1993 HONG KONG CONVENTION EXHIBITION CENTRE If you're in the jewellery business, the Hong Kong International Jewellery Show is an event you cannot afford to miss. Organised by the Hong Kong Trade Development Council and the territory's four
      207 words

  • Page 10 Advertisements
    • 119 10 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. 3 8.V.1 n ISLE OF MAN H BAHAMAS ~S JERSEY D BELIZE n LIBERIA H COOK ISLANDS D MADEIRA
      119 words
    • 39 10 SET lU\M ll Sumptuous dinner with 6 appetiser, 10 different salads 5 desserts on the buffet table and your choice from 4 different main courses served hot from the kitchen. Coffee or tea to complete the evening. 8 15K50++
      39 words
    • 24 10 Available Mondays to Saturdays 7.00 p.m. to 10.30 p.m. For reservations, please call: 235-3344 ext 1120 I MMI I*4kPW 14 Balmoral Road Singapore 1025
      24 words
    • 34 10 N@T SURE WHERE T PUT Y#UR MfNEY? Get the answer in Personal Investment Finance. Every Saturday in Business Times. Business Times To advertise your APPOINTMENTS NOTICE ADS CALL OUR SALES SERVICE Toll-free S 737-0043
      34 words

  • Page 11 Advertisements
    • 92 11 46m I Ocean Towers 7 20 Raffles Place \2irn j\ Tower Of Efficiency Designed To Optimise Space i 1 12-metre high ground floor lobby Covered driveway extending from the lobby 1 f Virtually column-free office floors f Flush floor trunking system Computerised building management Sophisticated card-key security Sheltered link to
      92 words

  • Page 12 Advertisements
    • 1161 12 ~ir77ZZZTT~TIZriII Property Hock Lock Slew JUgbmti Focus Wishfflg You Tic Brightest PicMe In Thc afier VmM*** m*k r**H* r**ma tank, m m 1 Q Q SINGAPORE# rfl 1 Q Q 1 Nikon Business Times Nikon We Take The World's Greatest Retires weknowasia We Take The World's Greatest Pictures mita (P)
      1,161 words

  • Page 13 Advertisements
    • 65 13 Newspapers The Straits Times, Business Times, LianHe Zao Bao. Berita Han an, Berua Minggu. The New Paper Friday Weekly, J including LianHe Win Bao SNn Min Dally News on tha same day! Parents. Sngapore Business. Home Decor. 8 Days. RTV (C). V\-" The New Mag For enquiries on availability or
      65 words




  • Page 17 Advertisements
    • 43 17 With over 170 million cards honoured Wf at m on establishments, MasterCard puts the whole world in your hands. And it gives you easy access to cash at 300,000 bank branches and ATMs worldwide. YOU'VE GOT THE WHOLE WOULD IN YOUR HANDS 1
      43 words

  • Page 18 Advertisements
    • 97 18 LANC PA IN' Since 1735 there has t X never been a quartz Blancpain WATCH. riZml And there never will be 4 mi Singapore THE HOUR CLASS •Lucky Plata Tel 7M2420M Scotts Tel 21W27/7l<>6» Centrepoint Tel 7141VW/001 Peninsula Plaza TH 1178K»/118%61 Worid Trade Centre Tel *****07 RPalats Renaissance Tet *****62/541
      97 words

  • Page 19 Advertisements
    • 175 19 YOUR VERY OWN HASSLE-FREE EUCTBOW^NWS-OLJPPtNOSEBVKE! If news and other pertinent information on companies listed on the Stock Exchange And for tmbtcripthn f— of M/f $259 per month, you and your company can of Singapore Clob International are important to you and your business, then SPH subscribe to this specialised research
      175 words

  • Page 20 Advertisements
    • 72 20 And never will Singapore THE HOUR CLASS Lucky Plaza Tel 7i4242C*l Scotts Tel 2J5M27/7198 Centrepoint Tel 7J41W8/GO3 Peninsula Plaza Tel H7BW9M WVAJ World Trade Centre Tel *****07 Palais Renaissance Tel *****62/541 Raffles Tel 114J241 Changi Airport Terminal llEast &We« Wings) Tel V42WM) Terminal 2 (South Wingl Tel ->*****1 Sole Agent
      72 words

  • SPORTS
    • 827 21 Golf Kite finishes one stroke behind in second place NYT CARLSBAD, California Getting off to the kind of start that could spark a monster year, Davis Love 111 held off a charging Tom Kite on Sunday to win the season-opening Infiniti Tournament of Champions
      NYT  -  827 words
    • 57 21 BEIJING An emotional Franziska van Almsick, 14, after breaking her own world record in the women's 100 m freestyle event at the Beijing round of the 1993 World Cup last Sunda> Van Almsick of Germany Finished in a time of 53.33 seconds beating her previous record of
      57 words
    • SIDELINES
      • 88 21 AP ATLANTIC CITY. New Jersey Miami lightweight Fred Pendleton used effective counter right hands to win the vacant International Boxing Federation title with a 12-round unanimous decision over Tracey Spann last Sunday night. It was a rematch of their Aug 29 bout in Reno when
        AP  -  88 words
      • 128 21 Reuter NEW YORK The list of finalists for the 1993 Jesse Owens International Trophy Award has been narrowed to three American track stars Jackie Joyner-Ker-see and Kevin Young and gymnast Vitalv Scherbo of Byelorus. The trophy, to be awarded on Feb 9, is presented
        Reuter  -  128 words
      • 81 21 ROME Jean-Pierre Papin converted a second-half penalty kick for the only goal AC Milan needed last Sunday, extending its Italian league unbeaten streak to 50 with a 1-0 victory over Cagliari. Milan attacked throughout the first half, but Cagliari. whose coach earlier last week admitted victory
        81 words
      • 72 21 AFP ATLANTA. Georgia The idea of a baseball Olympic dream team, from America or any other country, received little support here last Sunday from officials of the world's top baseball nations. International Baseball Association officials from Japan. Australia, Cuba, the Netherlands. Nicaragua and Italy
        AFP  -  72 words
      • 53 21 AFP ABIDJAN Ghana's striker Abedi Pele. who plays for French champions Marseille, was named Africa's "Footballer of the Year" last Sunday. The 30-year-old received the award at the half-time of the African Super Cup final receiv ing a Cup from African Football Confederation president
        AFP  -  53 words
    • 943 21  -  Defensive coordinator Dave Wannstedt puts resume on display. Dave Anderson reports Dave Anderson NYT IRVING Texas Now that Dave Wannstedt is believed to be the Giants' current choice as their next coach, the cover page of. his resume was in lights last Sunday on the Texas
      NYT  -  943 words
    • SCORE CARD
      • Article, Illustration
        206 21 AP Reuter NEW YORK Results of National Basketball Association games plaved on Sunday: Boston Celtics 100 New York Knicks 97: Houston Rockets 97 Utah Jazz 90: Los Angeles Clippers 104 Milwaukee Bucks 99; Miami Heat 101 Los Angeles Lakers 89. NBA standings. Eastern Conference: Atlantic Division (W L Pet
        AP; Reuter  -  206 words
      • Article, Illustration
        231 21 AFP CARLSBAD. California Final scores in the Tournament of Champions which ended here last Sunday (US nationality unless stated). Regular Tournament. Final Scores: 272 Davis Love 67-67-69-69; 273 Tom Kite 69-71-69-64; 275 Mark O'Meara 70-70-68-67. Paul Azinger 65-69-70-71; 278 John Cook 73-68-68-69, Brad Faxon 71 -69-67-71; 279 Steve Pate
        AFP  -  231 words
      • Article, Illustration
        51 21 NEW YORK Results of National Hockey League games played on Sunday. Ottawa Senators 3 San Jose Sharks 2: Philadelphia Flyers 4 Edmonton Oilers 0: Buffalo Sabres 5 Calgarv Flames 3; Montreal Canadiens 7 Hartford Whalers 5; Winnipeg Jets 3 Pittsburgh Penguins 2; Los Angeles Kings 5 Chicago Blackhawks
        51 words
      • Article, Illustration
        195 21 AP WHISTLER. British Columbia Results last Sunday from the World Cup freestyle ski competition: Men's Aerials. 1, Andy Capicik. Canada. 218.57 points; 2, Sebastien Foucras. France. 209.72; 3, Trace Worthington. US. 209.44: 4. Jean-Marc Bacquin. France. 202.03; 5. Bernard Sevigny. Canada. 187.31. 6. Alex Blanc. France, 191.58; 7. Ray
        AP  -  195 words
      • Article, Illustration
        144 21 AP AFP RESULTS in the Italian league last Sunday: Inter 3 Foggia I, Atalanta 3 Roma 1. Lazio 2 Brescia 0. Parma 1 Genoa 0. Pcscara 4 Ancona 3, Sampdoria 1 Juventus 1, Torino 0 Napoli 1. Udinese 4 Fiorentina 0. AP MADRID Spanish football championship results from the
        AP; AFP  -  144 words
      • Article, Illustration
        318 21 AFP AP AP SYDNEY Results of matches in the New South Wales Tennis Open played here Monday (x denotes seeding). Men's Ist round Sandon Stolle (Aus) b Luke Jensen (US) 6-3. 6-2: Omar Camporese (Ita) b Grant Doyle (Aus) 6-3. 4-6. 6-3; Michael Tebbutt (Aus) b Sergi Bruguera (Spa
        AFP; AP  -  318 words

  • LIFESTYLE
    • 1445 22  -  Ettore Mo spent several hours with Rudolf Nureyev in the dancer's hospital room in Paris in late November. Here is his'report of the meeting Ettore Mo NYT THE EYES look all the bigger in the pale and emaciated face. They stare at a television fitted
      NYT  -  1,445 words
    • 499 22 CHATTERBOX FRANK SINATRA is this year's recipient of the Palm Springs International Film Festival's Golden Palm Award, which he received at a dinner attended by many of the entertainer's show business friends. "Whoever put this all together it's absolutely thrilling." Sinatra, visibly moved, said as
      499 words
  • Page 22 Advertisements
    • 124 22 at CHINA CHINA III) to *****(1 lilll i ir\i«7»r J ml fr«i* A svni| >1 m>ri\ «»1 «lii< km. >n. <lu< k «»i< lin >^> to < .tier to dillcrmi t.istc hiuls I'u k Irom our set menus tor 1. 4. <>. H. <iikl l<> I H-rsons with |)ii< es
      124 words
  • Page 22 Miscellaneous
    • 1238 22 TV RADIO Jagged Edge. I k^Jml rip- ping up his rich wife. Glenn Close is a lawyer who defends him against a ruthlessly ambitious prosecutor. Some tense court scenes in this 1985 whodunnit, especially as lawyer for VM A Dragon Ascends. 10.30pm, t g> SBC 8 '^W 1 Jgk fl
      1,238 words

  • Page 23 Advertisements
    • 532 23 HNottijp^AßlKLH OF A ''Heavenly" Feast Scrumptious Sichuan cuisine. Rich piping hot steamboat. Delicate Yangzhou Dianxian. Mon Sat 11 .30 am to 2.30pm Sun 10.30 am to 2.30pm Kings ■V. Havelock Road, Singapore 0316. Tel: 733 0011 A UtMStROf Cl* HOTfl« EXECUTIVE P It E 111 AT I V t PB^r^
      532 words
    • 276 23 WHERE TO WINE, DINE AND ENTERTAIN "COME UP AND SEE ME SOMETIME" Having been totally refurbished. Singapore s favourite nostalgia bar is open once again 1 And if you don't mind our saying so. it's looking pretty darn good I Come up and see for yourself Club 5. For good
      276 words
    • 325 23 Fancy Beijing? Then, we're delighted to suggest the Pine Court for a memorable dining experience, V X Try our Beijing specialities such as Baked Tench, Beijing Duck and Marinated Lamb and our lunch menu of Beijing dian xin. HEBJTI To add to your enjoyment, DfllO all these are well within
      325 words

  • PROPERTY & CONSTRUCTION
    • 851 24  -  Their share of the construction market plunges to Bpc By Colin Tan SINGAPORE The office glut, which has resulted in rents falling more than 30 per cent from their peak in mid--1990, has brought the Japanese share of the Singapore construction
      851 words
    • 954 24  -  By Sylvia Wong KUALA LUMPUR Less than two months after it bought 1,700 acres to build another township, Malaysia's largest home builder, Sime UEP Properties Bhd, is again shopping for land. Managing director Mohamed Said says the search is urgent, even though
      954 words
    • 449 24  -  AT YOUR By Kooi Cho Teng SINGAPORE Johor Baru's Octvillc Golf and Country Club is cxpcctcd to open its 18-holc golf coursc for play this Friday, weather permiting. The original plan was for members to tee off on the first nine-holes in
      449 words
    • 553 25  -  But there will be little joy in industrial and office sectors From Andrew Cooke in BANGKOK THE expected resurgence of the Thai economy this year is tipped to bolster the country's flagging residential property market. With economic growth of 8 per cent forecast, renewed
      553 words
    • 264 25  -  By Kooi Cho Teng SINGAPORE Nineteen prime residential properties in London were sold during a recent exhibition at the Pan Pacific Hotel. Estate agent Chesterton International, which organised the event, said the falling British pound and low bank deposit rates
      264 words
    • 674 25 Australian Financial Review THIS YEAR will provide the best home-buying opportunities for the next four years, according to a study on Future Prospects for Residential Real Estate by the Real Estate Institute of Australia. However, those expecting another surge in
      Australian Financial Review  -  674 words
    • Article, Illustration
      10 25  -  By Colin Tan Source: Construction Industry Development Board
      Source: Construction Industry Development Board  -  10 words
    • REGIONAL SKYLINE
      • 105 25 The Jakarta Post JAKARTA Bali governor Ida Bagus Oka said the government has no plans to impose another moratorium on the construction of new hotejs on the island despite the reported glut in hotel accommodation. A one-year moratorium was issued in 1990 on the construction of
        The Jakarta Post  -  105 words
      • 69 25 Malaysian Business Times KUALA LUMPUR The Malaysian government has been urged to allot plots of land outside city limits for Malaysians to build their own homes. Kong Yee Ping, the executive director of the Master Builders Association of Malaysia, said the government should take
        Malaysian Business Times  -  69 words
      • 85 25 New Straits Times PENANG The Sunshine Square shopping complex at Bayan Baru was ordered to close down hours after its official opening ceremony on Sunday because it did not have a certificate of fitness for occupation. Enforcement ofikcrs from the Pcnang Island Municipal Council ordered
        New Straits Times  -  85 words
      • 73 25 South China Morning Post HONGKONG The assets of Hongkong's Parkview jumped eight-fold following the Hwangs' injection of HKSI.24 billion worth of family assets into the company. As a result, Parkview, formerly known as Ming Ren Holdings, now controls three towers of the Parkview luxury development.
        South China Morning Post  -  73 words
      • 111 25 New Straits Times KUALA LUMPUR Bumiputra-owned Espi group and its foreign partners will invest Ms 47 million in an industrial park in Kalumpang, Hulu Sclangor. The 21.6 hectare park developed by Espi will house 10 factories producing plastic-based products and electrical switchgears. Seven of
        New Straits Times  -  111 words
      • 72 25 The Nation BANGKOK Japan-based contractor Thai Konoike Company plans to use Thailand as its launching pad to the Indochinese market. Thai Konoike's president Hikaru Okawa said the company has obtained joint development contracts in Vietnam and is now involved in the construction of two office
        The Nation  -  72 words
  • Page 24 Advertisements
    • 231 24 BUSINESS T T M H S TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER OF LUCKY STORES PRIVATE LIMITED (IN MEMBERS 1 VOLUNTARY LIQUIDATION) i NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN t 3 pursuant to Section 308 of the Companies Act. (Chapter 50) that (he Final
      231 words
    • 454 24 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF VALIANT REALTY PTE LTD (In Members" Voluntary Liquidation) NOTICE OF RESOLUTIONS At the Extraordinary General Meetings of the members of the abovenamed Company duly convened and held at IflOMiddle Road *13-01 Fortune Centre, Singapore 0718 on
      454 words
    • 313 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PORTIA (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) Special Resolutions NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of M/s PORTIA (SINGAPORE) PTE LTD duly convened and held at 141 Middle Road. *06-03 GSM
      313 words
    • 379 24 In the Matter of the Companies Act, Cap. 50 ORUPPE ULTRA PTE LTD (Incorporated In Singapore) At an Extraordinary General Meeting of the members of the abovenamed Company. dOty convened and held at 10 Anson Road #24-08 Interna tonal Plaza. Singapore 0207 on 6th January 1993, the following special and
      379 words
    • 374 24 In the Matter of the Companies Act, Cap.so ENIN MARKETING SERVICES PTE LTD (Incorporated in Singapore) At an Extraordinary General Meeting of the members of the abovenamed Company, duly convened and held at 10 Anson Road #24-08 International Plaza. Singapore 0207 on 6th January 1993, the following special and ordinary
      374 words

  • Page 25 Advertisements
    • 388 25 BUS 1 N E S S T 1 M E S TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 ___WH——jp« vsv?7zysrvvv7a77sil mm ®W Ml H M ItuT-i.?J W3?ll MANAGEMENT EXECUTIVE SEARCH 4 SELECTION CONSULTANTS OUR CLIENT is a large public listed company. Funds generated from its successful core business have been
      388 words

  • 526 26 EDITORIAL IT WAS a landmark speech, no less, that the Senior Minister delivered last Friday on the dire need to foster an entrepreneurial culture in Singapore and produce, sooner rather than later, more of its own homebred risk-takers and business venturers. It was not old
    526 words
  • WHAT THE OTHERS SAY
    • 267 26 RELIGIOUS extremism has grown into a major problem in the Arab world. A fateful struggle is on in Algeria between the fundamentalist Islamic Salvation Front, which nearly won power in aborted elections last year, and its military-led opponents. Sudan turned fundamentalist soon after General Omar al-Bashir came
      267 words
    • 178 26 THE Bush administration's move to raise the commercial tariffs on European goods was the first bullet that prompted the European Community to call for the organisation of a counter-attack. It came after negotiations within the framework of the General Agreement on Tariffs and Trade treaty reached
      178 words
    • 222 26 BILL Clinton will take over from George Bush only on Jan 20. During this transition period, the president who is stepping down, is like a trustee and the White House's domestic and foreign policy usually lack initiative. Saddam Hussein may think there is an opportuni-
      222 words
    • 202 26 PRIME Minister Chuan Leekpai's trip to Malaysia would be a good indication of what kind of image his government would like to project to the international community in years to come. Apparently, Chuan wants to use his trip to Malaysia, Thailand's closest neighbour, to make a difference
      202 words
    • 183 26 ONE of the most pressing tasks the Clinton administration will inherit from the Bush administration is to bring the Uruguay Round of multilateral trade negotiations to a successful conclusion as soon as possible. Negotiators in Geneva are resigned to the fact that there is no way the
      183 words
  • 862 26  -  Lloyd's Names sustained record losses late last decade and it will be a few years before they get to make huge profits again, writes John Sanders John Sanders Reuter LLOYD'S Names, individuals who back the Lloyd's of London insurance market with personal wealth, will
    Reuter  -  862 words
  • Page 26 Advertisements
    • 351 26 THE WINNING EDGE IN-DEPTH [ifHf business mm yw-w jfH IT 1 °r over two decades Singapore Business has covered IV I Ij \l L J? the local and regional business scenes with more depth I P, YY j and breadth from a perspective which is more relevant to local businessmen
      351 words
  • Page 26 Miscellaneous
    • 110 26 ."lnff.MaSfWiWWl 00 "\'tr\ TpyK»nc» 9\ FevO OFF 6«t«T0W...1 V F V >J I tfC*T laJ&PJC *NO t SO^r' V- V=TV VHouPfty >ri V^'<^l Fißro'6 ji I of* /MPY i BcfcSOuA J CgnwURK... j PCRRy HQU*£ gu»f 1 <T wowTiamwiwiMnn «4n«»> POONESBURY GARRY TRUDEAU 1 1 Ifc/Ojrf^ I FVfJI fjTi INTERRUPT
      110 words

  • ANALYSIS
    • 924 27  -  In an article on Dec 24, The Asian Wall Street Journafs editor-at-large Barry Wain took a critical view of Senior Minister Lee Kuan Yew's comments last month about Britain's democratic reforms in Hongkong. In response, Mr Lee's Press Secretary James Fu has written to the Journal
      924 words
    • 1362 27 SINGAPORE'S peripatetic elder statesman, Lee Kuan Yew, has an explanation for China's gross overreact ion to Governor Chris Patten's proposals for electoral reform in Hongkong. He says the package is part of a Western plot to bring democracy to China. Mr
      1,362 words
  • Page 27 Advertisements
    • 179 27 YOUR VERY OWN HASSLE-FREE UCTMNK^^mGmjCg If news and other pertinent information on companies listed on the Stock Exchange And for M tubtcriptlon ftt of onlg $250 per month, you and your company can of Singapore Clob International are important to you and your business, then SPH subscribe to this specialised
      179 words

  • 553 28 UN to meet over two dramatic border incursions by Iraqi civilians Reuter AP AFP KUWAIT The UN Security Council was set to convene yesterday to consider a response to two dramatic border intrusions by Iraq into Kuwait in which missiles and weapons were
    Reuter; AP; AFP  -  553 words
  • 424 28 Reuter AFP BRUSSELS The European Community said here yesterday that it was not satisfied with a US offer on tariff cuts submitted in Geneva over the weekend in talks aiming to wrap up a Gatt world trade deal by the
    Reuter; AFP  -  424 words
  • 155 28 AP Reuter PARIS Foreign Minister Roland Dumas says France is prepared to act alone if needed to liberate by force prisoner camps in Bosnia where civilians have been raped and tortured. M 1 suggest... we ensure that this liberation is
    AP; Reuter  -  155 words
  • 251 28 AP. Reuter WASHINGTON The Department of Transportation agreed yesterday to allow Northwest Airlines and KLM Royal Dutch Airlines to merge their services and operate as if they are a single carrier. The department also granted antitrust immunity to the carriers. The
    AP.; Reuter  -  251 words
  • 333 28 Reuter AFP BRUSSELS The European Commission will today thrash out the details of the proposed new European Investment Fund, a key part of the Community's package to boost faltering economic growth in the 12-nation bloc. Commission sources said yesterday that the Commissioners at
    Reuter; AFP  -  333 words
  • 806 28  -  The Bottom Line JACKIE SAM JACKIE SAM The writer is a Hongkong-based political consultant who contributed this commentary to BT. HONGKONG'S policemen are resigning at the rate of 54 a month. Most give work pressure as the reason for leaving.
    806 words
  • 49 28 Reuter GWALIOR, India krishan Go pa I Srivastva of the Indian airforce dragging an SU-7 fighter aircraft with his teeth during a show organised to celebrate the diamond jubilee of the Tigers, the Indian airforce's oldest squadron, in Gwalior, during the weekend. Reuter
    Reuter  -  49 words
  • 388 28 High costs, demand for smaller computers eroding market Bloomberg TOKYO One of Japan's four makers of mainframe computers, Mitsubishi Electric Corp, will halt development of new models because of high costs and increasing demand for smaller computers, the company said yesterday. The firm's decision highlights
    Bloomberg  -  388 words
  • Page 28 Advertisements

  • Shipping Times
    • 438 29  -  Business expected to pick up in second half By Ramesh Divyanathan SINGAPORE Local ship suppliers are optimistic about the outlook for 1993 but expect things to really pick up only in the second half of the year. Suppliers contacted by Business Times say
      438 words
    • 602 29 Shipyards investing heavily in machines and robots Reuter KUMAMOTO, Japan Japanese shipyards have invested heavily in machines and robots with the goal of dominating the world market for a new generation of ships, company officials said last week. Under rules passed last March by
      Reuter  -  602 words
    • 858 29 Page Col ABC Containerize 12 I Accord Group 8 1-3 •APL 5 3-5 Alpha Feeders 6 1 •ANL 3 1/2 •ASCI. 5 5 Avant Shpg 6 4/5 Avia Airways 14 4 •Bait Orient Line 7 4/5 Bangladesh Shpg 18 5 •Bank Line, The
      858 words
    • 411 29 Bernama KUALA LUMPUR Malaysia, Indonesia and Singapore will decide in June whether to impose a levy on ships passing through the Straits of Malacca. Malaysian Transport Minister Datuk Seri Dr Ling Liong Sik said yesterday. The littoral states are scheduled to
      Bernama  -  411 words
    • 350 29 The Nation BANGKOK Sino-Thai Shipping Co maintained its positive attitude towards the development of the shipping market at a time when many maritime transport companies are facing serious losses. While many large shippers experienced heavy loss in 1992, Sino-Thai Shipping thought the past year was
      The Nation  -  350 words
    • 313 29 Bernama KUALA LUMPUR Europe's largest offshore contractor, AM EC Offshore Ltd, hopes to clinch a deal soon to provide offshore oil and gas technology to a joint venture in Malaysia. AM EC, which is one of the 38 companies here as part
      Bernama  -  313 words
    • 755 30  -  Should sunken nuclear submarines be left alone or be plucked from the sea? Alister Doyle asks the experts Alister Doyle Reuter A DUTCH firm says it can raise sunken nuclear submarines littering the world's oceans, but some experts say it may
      Reuter  -  755 words
    • 1220 30 COURSES 1993 From Jan 20 (8 evenings): Import/Export and Shipping Procedures organised by ELIM Management Services (SDF 50%). For course details and application forms, please call *****70. April 15-17: Shipping and Transport Executive Programme organised by CAI Consultants/Heriot-Watt University. For application forms, please call: 339 2733 or fax:
      1,220 words
    • 12068 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      12,068 words
    • 3314 43 A Xm.lK Containerline NV': Bclsin Shpg Agcncics Pte Lid (SVMannc Handling Sdn Bhd (PK/PN). Accord (.roup: Accord Shpg Pic Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine; Calsouree Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd
      3,314 words
    • 259 43 Abacus. Couriers Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel 542-8844 Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Services Tel:
      259 words
    • 1462 43 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. I. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air Market Express
      1,462 words
    • 1405 44 ALBANIA Durres: Four vessels in port of which 1 each discharging wheat, flour, 2 discharging general cargo; 1 vessel in roads to discharge coal. ANGOLA Namibe: Unconfirmed reports of disturbances in the port, vessels are reported idle due to absence of labour. Other ports are unaffected and working
      1,405 words
    • 914 44 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young The increased activity witnessed during the Christmas period has continued in the opening days of the new year and a number of sales have already been concluded in both wet and dry sectors. VESSELS SOU) FOR FURTHER TRADING
      The information was contributed by Simpson Spence & Young  -  914 words
    • 557 44 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY NCA KZ203 B747F 0145 I NRT S1A SQ802 B747F 0230 2 SYD/AKL KAL K.E697 B747F 0150 i SEL NCA KZ204 B747F 0335 I BKK/NRT JAL JL617 B747F 0345 1 TYO KAL
      557 words
    • 509 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA ETD Forts of Calls Fort Agent Telephone No JANUARY 12 12 Cora Princess 1300 1700 Asean Cruise Harpers Shpg 227-8284 13 13 Regent Spirit 1400 1900 Sin-Port Klang Regency Cruises 271-2911 14 14 Ocean Pearl 0800 1800 World Cruise
      509 words
    • SHIPS IN PORT
      • 679 45 Vessel Voy No Berth Vnvi Dep*tue Vessel ¥oy Wo Berth Arrival Departue Jurong Port Brastagi 1 A2/93 P03 1201/1500 1201/2300 D*« sempurna 01/93 J2 alongsde 12.12/2300 Caltex 11/01* P01A 1101/1100 1101/1900 Gena 090/93 12 alongside 1212/0600 Caltex 12/01* P01A 12.01/1100 12.01/1900 Hermes Island 1 Jll alongside 1212/2000
        679 words
      • 129 45 Johorn Port Berth; 1: Nil; 2: Sky Bndge; 3: Preseus; 4; Nil; 5; Silver Bin; 6: Bangkok BRidge. 01 jetty: Stott Smcenty, AJekseevsk. DC* Dessberger Pilot, Soon An. Due an lan 11: Bunga Stantan. Jomaas, Jonan. Saigal, Raia Bhum. Due on Jan 12: Brg. joshindo, Subur, Al Jobfa,
        129 words
      • 1345 45 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Voy Wo Containers avaiable Ship Voy No Containtn avaiable Uni Summit AfH)52 COO(EST) 10 0193 1500 Vwur Spore 44N8 09.01.93 0810 Dragon Java 28N COD(EST) 10.01.93 1500 AL Muharraq C9236E 0901.93 0855 Leverkusen E 10/353 COO(EST) 09.01.93 2300 Kremenchuk 29GE92 09.01.93
        1,345 words
    • AIR AND LAND TRANSPORT NEWS
      • 448 48  -  By Dexter Lee SINGAPORE Aviationbased Samaero Co Pte Ltd is embarking on a novel marketing programme, aimed at attracting corporate buyers for its fixed-wing aircraft. The programme should help it bring in USS7 million (SSI 1.6 million) in sales this year.
        448 words
      • 488 48 NYT NEW YORK The losses are staggering. The layoffs are huge. The future is so uncertain that industry executives are calling for federal help. With that kind of environment, would anyone want to own shares of an airline? Apparently so. Airline stocks were
        NYT  -  488 words
      • 457 48 Reuter NEW YORK Sweetened frequent flyer deals published by domestic and one UK airline last week should stimulate winter business traffic without damaging revenue, analysts said. "Most of these frequent flyer embellishments are in effect through the end of March, a period
        Reuter  -  457 words
      • 1268 48 Crty Flight eta F** ETD SQ228 2050 SQ227 2230 Ammm RJ182 1440 RJ183 2340 Amsterdam SQ23 0645 KL838 2240 KL831 0940 Auckland NZ25 1655 NZ28 1810 SQ288 2030 BA12 2200 Bandar Sen BI421 1105 SQ182 0915 Begawan SQ181 1410 B1422 1205 B1429 2030 B! 430 2125
        1,268 words
      • 460 48 South China Morning Post HONGKONG Shanghai Airlines (SAL) and American giant United Airways (UAL) are looking at forming a joint venture. Although details are being kept firmly under wraps, it is believed that cooperation could eventually lead to United buying into Shanghai Airlines. The
        South China Morning Post  -  460 words
      • 179 48 AP TEL AVIV, Israel The Israeli airline El A 1 last Sunday blamed the American manufacturer, the Boeing Co, for the fatal crash of an El Al cargo jet in Amsterdam last October. The Boeing 747 flown by El Al lost two engines
        AP  -  179 words
      • LOG BOOK
        • 67 48 UPI JAKARTA Authorities yesterday continued the investigation of a plane crash at East Java's Surabaya airport over the weekend that killed at least 16 people and injured 28, many seriously, the official news agency Antara said. The Hawker Siddeley 748 aircraft operated by Indonesia's Bouraq
          UPI  -  67 words
        • 103 48 UPI LOS ANGELES A US subsidiary of industrial German giant Siemens announced plans to head a partnership of three companies that will bid to build 72 rail cars of the new Los Angeles subway system. Siemens Duewag Corp said it hopes its partnership
          UPI  -  103 words
        • 40 48 Reuter SANTO TOME (Argentina) Police sifting through the remains of one of the three buses involved in the country's worst-ever vehicle wreck. About 60 people were killed in the accident which occurred on Saturday. Reuter
          Reuter  -  40 words
        • 78 48 Reuter CHICAGO United Airlines will unveil a new colour scheme for its aircraft, ground equipment and ground facilities and will make the changes in a way that does not increase costs. Repainting United's 538 airplanes will taken a number of years and will be done
          Reuter  -  78 words
        • 93 48 UPI LONDON A 37 per cent jump in the number of new vehicles sold in December helped push new car sales for 1992 slightly above those a year earlier, according to figures released on Thursday. Sales of 79,903 new cars in December took the years total sales
          UPI  -  93 words
        • 97 48 Bloomberg ATLANTA United Parcel Service (UPS) of America said it's increasing domestic delivery rates effective on Feb 15. The company said it's boosting the price to deliver next-day air packages by 4.9 per cent and for two-day air packages by 5.9 per cent. The price
          Bloomberg  -  97 words
  • Page 29 Advertisements
    • 15 29 zf > 4. -V-* wm> I IlJ, v t j if d Jsfi s v» H3
      15 words
    • 28 29 Lines and services represented by Members of the Registry of Accreditor foMZSXh Shipping Aoants, Sln«aporfl National Ship- lilS/Ji ping Assocntlon. For advertising enquiries, contact Shipping Timex Tel 740-*****740-2090.
      28 words
    • 10 29 Salvaging sunken subs. Page 2 Samaero woos executives. Back Page
      10 words
    • 127 29 International Freight Forwarder EUROPE LCL FCL Services M+R FORWARDING PTE LTD GEMSTOW INSTANT SPACE Calling all Shippers, Freight Forwarders, Nvocc, Transport/ Warehouse Operators, End Users... Having Storage/Cargo Space Problems? We Have The Ultimate Solution!!! (SO Shipping Containers in short H~h \rs~| INSTANT SPACE Containers for Sales or Lease to suit
      127 words

  • Page 30 Advertisements
    • 61 30 The Baltic Exchange report was not available. I I-P only my boss would I Any Job. Any Career. I to<he9eads Available Any day. iF any Time, anywhere. |f~ The Straits Times The Sunday Times Business Times 1 I I=l I The New Paper Lianhe Zaobao Lianhe Wanbao l/lf 1 I
      61 words
    • 9 30 Port conditions, Page 16 Ships In Port, Page 17
      9 words
  • Page 30 Miscellaneous
    • 623 30 TODAYS TIDES (heiflit in metres) HOUR 0000 0100 0200 0300 MOO 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 It 2.1 2.5 2.7 2.7 2.3 1J 1.3 1.0 0.1 1.0 1.3 2.0 2.1 3.3 3.4 3.1 2.6 1.9 12
      623 words

  • Page 31 Advertisements
    • 2349 31 M OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES Mllfr BOOKINGS TEL: *****34 *****58/ *****40 Ji CFS (PSA F5) TEL: *****21/ *****79 PESAKA JAROINE SHIPPING AGENCIES SDN. BHD. L A PORT KELANG TEL: *****18 FAX: *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Quality Service ipoh tel:
      2,349 words
    • 1591 31 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 iSuSScH M UNITED ARAB SHIPPING CO. (SAG) J m i I m i k I I a I miwimm n/»i a/« 2/ti i/M ■um roumese Vii lt/ti 12/41 u/u H i; /tt 24/41 24/41 27/41 29/41 M'WOUNMini 4/13 l/M lt/M U/M 11/
      1,591 words
    • 1279 31 ■UHMHiHffIIM YOUR SHIPPING NEEDS TO WEST COAST SOUTH AMERICA MARIE MAERSK V.9302 ETA 19TH JANUARY 93 Vessel Voy ETA ETO Feeder by sm L*k/Af»» DESTINATIONS Ttwt «eek LMI Maersk 9302 14/1 i»49 CFS 14/1 1159 MRS -»OH LPK PEN OAK LGB MOO SOO ATL MIA CHS BAL PHL NYC ARC
      1,279 words

  • Page 32 Advertisements
    • 1488 32 AQABA R'DAM/ L£ ■nTJR3 VOY NO S PORE JEDOAH (via JED) S TON H BURG ANT HAVRE KITANO 17/301 16/1 26/1 1/2 3/2 6/2 8/2 10/2 L ELBE 14/102 21/1 6/2 9/2 7/2 WRTKUVfc 1, PtNMIG KATSURAGI 13/302 23/1 2/2 8/2 10/2 13/2 15/2 17/2 CM6Q TO W/WIWBMH HAMBURG EXPRESS
      1,488 words
    • 523 32 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for ail services C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam Mongolia Hungary CSFR Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BtSSAU-LUANDA-BATA Feeder Vessel ETA StM A. ABRAHAM 17/01 VILLE DE SIRIUS 23/01 VILLE DE
      523 words
    • 1388 32 I EUtobaica im REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALG BCL* HAM BRE# ROT ANT# FEL LHA I NORASIA SHARJAH 9245-3 12/01 03/02 05/02 07/02 08/02 09/02 10/02 11/02 12/02 I NORASIA MUBARAK 9246-3 19/01 10/02 12/02 14/02 15/02 16/02 17/02 18/02 19/02 I NOR ASIA AL MANSOORAH 9247-3
      1,388 words

  • Page 33 Advertisements
    • 2040 33 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 mm* i*ns ut S£" JJ COWAJMB* aCVIVICS TO CAMSOOM STUAJTS SIM *011 HH. a*. I« 1214 tan 13 lan 15 lan RAJAH BROOKE VOX Muara. lab 13-14 lan IS lan It lan
      2,040 words
    • 2434 33 0 SINGAPORE AGENT: i P&O Containers (Singapore Agencies) Pte Ltd X V*LV/ d 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 X CP Number **********0Z import j «Mti wov •rma two sm alo sou ant rot ham vessel
      2,434 words

  • Page 34 Advertisements
    • 675 34 BB a >;........:>.>..>..:r?:i ;:.:.'i I INDONESIA NATIONAL UNE TO EUROPE HI nt |SWI IMH HM HTUW I 1101 AHTWPIP KUTAI 2788 I 13-27/2 23/ i 28/3 2/4 7/4 TO FUU^Q»fTAiNER m/WT ini ng stp Imi lews Ifk mp ABSTKAIIA/***** 29/1 19/1 5/2 8/2 2/2 14/2 mo SOW*/***** 23/1 22/1 »/2
      675 words
    • 1670 34 HANJIN SHIPPING FDD vsi SVt LM HAUL SM VCR FOR VSI SM IIME HAUL SAV U NYC HAMN K UPC AN 083E IS/l H. MASAN 07« U/2 12/1 0131 18/1 H. YOROHNM 0431 25/2 28/2 21/2 FISHGUARD BAY 302N 25/1 K IONGHAE 09« l«/ 2 19/2 Xm 25/1 11 PIDnT
      1,670 words
    • 1320 34 -I'M -TTTm Im >» U nroLUCHSMNTcuMMmminrmnocwPu ser I I SU.HH K 440 12/1 13/1 19/1 11/1 21/1 25/1 20/1 21/1 2»/l 30/1 1/2 12/2 2«/2 */2 27/2 »/J 10/J 11/1 12/1 13/1 21/1 2/4 «/4 7/4 E GMMTH Klfl 21/1 21/1 2(/l 21/1 M/l 2/2 1/2 S/2 t/2 7/2 1/2
      1,320 words

  • Page 35 Advertisements
    • 1568 35 II SCX: 'NEPTUNE AMBER 10? ETA SGP 13/01/93 l| II ARRIVING LOS ANGELES 3V0V93 IN 17 DAYS. A II AEX: NEPTUNE PEARL 07E* ETA SGP 17/01/93 ARRIVING NEW YORK 08/02/93 IN 22 DAYS. M\ U FEEDER VBL VOY SGP MOTHER VSL VOY SET PLD MIN/ VESSEL VOY SGP LOS OAK
      1,568 words
    • 1041 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BAIT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUKIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUW-OCQmtaW6 BESTBOUMJ—LQAOM6 TUICtgPCD W> »OnE«)Wn"|
      1,041 words

  • Page 36 Advertisements
    • 1396 36 K» VV lappi w -M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR N«: **********0 M! H IVT TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 ■V M P V MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD I TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 KAWASAKI KISEN KAISHA,
      1,396 words
    • 1097 36 PHILI-ORKNT UN€5 PH LTD f 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 &jQ BY AIR, LAND OR SEA.... jg* WE TAKE ON THE WORLD FOR YOU M 23 MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION VS>r 18 JAN SYDNEY, MELBOURNE. BRISBANE. FREMANTLE AUCKLAND
      1,097 words

  • Page 37 Advertisements
    • 833 37 f PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street. #03-00 PIL Building. Singapore 0106. j I W CR NO '**********E I I VESSEL VOY SIN HKQ SIN CMB JIB HOD JEO AOJ KOTA WW A WAN WHNOI9 14/1 1«/1 22/1 2S/1 31/1 2/2 KOTA WIJAYA WJAOI9 1/2 5/2 9/2
      833 words
    • 455 37 WEEKLY LCL SERVICE NORTH EUROPE EVERY TUESDAY FOR THE FASTEST TRANSIT TIMES IN THE TRADE CALL:BEN LINE AGENCIES (S) PTE LTD TEL: 225 3522 BOOKINGS: NOELLE TAN TS CHOW/ YEA SHYUAN OR EAC TRANSPORT AGENCIES (M) SDN BHD BOOKINGS: ANGELINE TAN SHAH ALAM TEL: *****49 001 ARK KHIANG PENANG TEL:
      455 words
    • 886 37 I BSA° TRANSPORTATION M MYANMA pMk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gd| PA THE IN VI2IM In Port HPAAN VIBSW 15/17 Jan In Pt PAGAN VI92W 28/ JO lan MALAYSIA AGENTS BOUSTEAD SHPPfIIG AGENCKS ML TE 03 *****00 PKL TU 03-*****47 PO»
      886 words



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  • Page 42 Advertisements
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