The Business Times, 22 January 1993

Microfilm: NL18515
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    15 1 SINGAPORE Business Times WE KNOW ASIA MITA (P) 552/12/92 Friday, January 22, 1993 75 4
    15 words
  • 2am LATEST
    • Article
      Lock icon BA investing US$300m in USAir
      89 1 AP WASHINGTON USAir has announced that British Airways is investing USS3OO million (***** million) in the carrier through the purchase of a new series of convertible preferred stock. USAir chairman Scth Schoficld said the deal was approved by the boards of directors of both airlines
      AP  -  89 words
    • Article
      Lock icon Improved economic conditions in US: Fed
      56 1 AP WASHINGTON The Federal Reserve, in its first assessment of economic conditions facing the new administration, has found "improvement across much of the nation," except in California. "Retail sales during the holiday season were significantly better than a year earlier," it said in its
      AP  -  56 words
  • Article, Illustration
    MARKET SUMMARY
    111 1 Stock market indices Ihnrsday Change STII 1,593.87 +15.71 KLSE Composite 625.93 3.32 Nikkei 16.538.68 +28.5 Hang Seng 5,914.39 +37.37 SF.T Index 965.34 +4.04 Jakarta Composite ...276.74 -0.41 CLSA China B 1.306 86 +19.73 Ausl All Ord 1.519.1 -2.7 FTSE 100 2,773.3 +24.6 1 hursday Previous 11:52am close Dow
    111 words
  • Article, Illustration
    Lock icon Analysts expect third-quarter M'sian growth to slow to 6pc
    727 1  -  By Amy Balan SINGAPORE After running at full speed for four years, the Malaysian economy appears to be losing steam. Some economists are expecting that growth figures to be released next week for the third quarter 1992 will show a sharp
    Scurce:  -  727 words
  • Article
    Oil slick threatens Malacca Straits
    391 1  -  By Ramesh Divyanathan SINGAPORE Indonesian Navy and Coast Guard vessels last night were checking the extent of a major oil spill off the northern coast of Sumatra. At least three vessels were in the area monitoring pollution and checking the danger to shipping after a
    391 words
  • Article
    Creative exceeds Wall St forecast with US$22m net income
    504 1  -  By Joseph Rajendran SINGAPORE Creative Technology, the Singapore computer firm that has taken the US stock market by storm, released its best quarterly results yesterday, far exceeding Wall Street estimates. Creative, the only Singapore firm listed on the US secondary securities
    504 words
  • Article
    Lock icon Fresh raid on Iraqi missile site points to firm Clinton line
    437 1 Reuter AP WASHINGTON New US Secretary of State Warren Christopher vowed yesterday that the US will "protect our pilots" and said a fresh attack on Iraq reflected the Clinton Administration's "determination in that area". Mr Christopher spoke to reporters
    Reuter; AP  -  437 words
  • Article
    F&N making 5-for-25 rights, $100m bond with warrants issues
    507 1  -  By Lee Han Shih SINGAPORE Fraser Neave, which is expected to rake in between Ms2oo million (S$ 127.48 million) and MS3OO million from listing its Malaysian operations this year, is tapping the market for another few hundred million dollars. The listed
    507 words
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      150 1 o v> 100% COTTON DOCKERS* PANTS BY LEVI'S LEVI'S BOUTIQUES: #02-19 Centrepoint #02-114 Far East Plaza #01-24 Forum The Shopping Mall #01-16 Lucky Plaza #02-118 Marina Square #01 -09 Shaw Leisure Gallery #B1 -64 Wisma Atria CONTENTS News 19 S'pore News 2 Companies Regional News 3.4 S'pore-M'sia 7.8 World News
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      10 1 Advertising Marketing Small avencv taking on big boys Pg 19
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      18 1 Hock Lock Siew Fcls: Testing investors patience Pg 7 Singapore Marine Dept launches investigation. Shipping Times, Pg 1
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon eye on the ECONOMY
      247 2  -  INDUSTRY By Anna Teo PRELIMINARY figures for December confirm it: prices of industrial supplies and products fell to new lows last year, with export prices registering the sharpest drop of 5 percentage points. The price trends point to the tremendous competition that Singapore businesses face at
      Source: Dept of Statistics  -  247 words
    • Article, Illustration
      Lock icon Retailers cheered by higher Lunar New Year sales
      568 2  -  By Hong Lee Tiam RETAILERS have reported a 5 per cent to 20 cent increase in Lunar New Year retail sales this year. What is also interesting is that they have found that business in the new towns is better than in
      Photo by Chris Loh  -  568 words
    • Article
      Slowdown in pay rises for blue-collar, clerical staff: survey
      350 2 PAY increases for blue-collar and clerical stafT are slowing down, while job-hopping has gained momentum, according to a survey by Hay Management Consultants. Average built-in increases in wages are expected to be 6.6 per cent in 1993, down from 7.4 per
      350 words
    • Article
      NTUC may invest in two health resorts in China
      405 2  -  By Chuang Peck Ming THE labour movement is thinking of investing in health resorts in China, with two already earmarked for likely joint ventures with the Chinese, according to the latest issue of NTUC Nevis. "After considering the location of all
      405 words
    • Article
      Healthcare spreads its wings
      139 2 NTUC Healthcare, the labour movement's healthcare cooperative, is stepping up plans to expand at home and abroad, according to NTUC News. It will be able to boost operations because of the overwhelming demand for its shares. Healthcare had set a target of selling four million shares
      139 words
    • Article
      Plans to restructure, upgrade retail sector progressing
      408 2  -  By Colin Tan PLANS to restructure and upgrade the Singapore retail sector are taking off. the Ministry of National Development said yesterday. Minister of State for National Development Lim Hng Kiang said about one in eight shops sold by the Housing and Development
      408 words
    • Article
      Lock icon Vietnamese lawyers to be attached to S'pore firms
      186 2 AFP K LAWYERS from Vietnam would soon be attached to local legal firms for brief periods to learn more about Singapore's legal systems and operations. The Trade Development Board (TDB) said in a statement yesterday that for a start. Drew and Napier,
      AFP  -  186 words
    • SINGAPORE ROUNDUP
      • Article
        Beware: Chaparral may be harmful
        59 2 SINGAPORE The Health Ministry yesterday issued a warning about the herb Chaparral. It said the US Food and Drug Administration found the herb was linked to liver inflammation in four people and had asked Americans, especially those with liver problems, to stop taking it. Chaparral
        59 words
      • Article, Illustration
        Eye of the storm
        80 2 SINGAPORE Two Singaporeans and one Malaysian are at the centre of the strike by Cathay Pacific flight staff in Hongkong. First-class pursers Susan Tong, Kymberly Tan and Janet Foo (above, left to right) were sacked last month because they refused to carry out duties as junior
        80 words
      • Article
        Corrections and clarifications
        50 2 IN OUR report yesterday, headlined "Airbus seeking Asian buyers for long-range version of A-340". we said that orders for new aircraft had more than doubled from 101 aircraft in 1991 to 236 last year. The increase should have been to 136. We are sorry for the error.
        50 words
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      96 2 O OMEGA The sign of excellence. i I* DOWN *1 MEMORY LANE WITH THE MIRD Sunbird have only been together for thirteen years, but they play like they've been around for thirty. I I Come and hear for yourself. At Club 5. For good old fashioned fun. I I Mon
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      9 2 Resumed Cathay strike talks break down, Shipping Page 20
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  • THE REGION
    • Article, Illustration
      Lock icon Johor Sultan's order to boycott functions deepens rift
      523 3 Malaysian constitutional crisis AFP Bernama KUALA LUMPUR The confrontation over a plan to rcjn in Malaysia's powerful hereditary rulers deepened yesterday after a report that a sultan had ordered his officials to boycott federal and state government functions. Sultan Mahmood Iskandar Ismail,
      AFP; Bernama  -  523 words
    • Article
      Lock icon Business confidence in M'sia at a low, says MIER
      544 3 But Standard and Poors more upbeat about KL economy Reuter AFP KUALA LUMPUR The Malaysian Institute of Economic Research (MIER) says its Business Confidence Index (BCI), which tracks economic activity in the manufacturing sector, is at its lowest level since its
      Reuter; AFP  -  544 words
    • Article
      Lock icon Malaysian anti-graft officers take statement from Najib
      166 3 Bernama KUALA LUMPUR AntiCorruption Agency officers interviewed Defence Minister Najib lun Razak yesterday in the course of their investigation into alleged irregularities in past purchase of equipment by the National Sports Council. Sources said three officers from the Federal Territory ACA met Mr
      Bernama  -  166 words
    • Article, Illustration
      Lock icon Bali Beach hotel destroyed in blaze
      70 3 AFP JAKARTA On-lookers watching as Hotel Bali Beach burns. The large luxury hotel on the Indonesian resort island of Bali was totally destroyed by fire on Wednesday but the 400 guests and 1,080 staff escaped injury, police and hotel sources said. The fire at
      AFP  -  70 words
    • Article
      Lock icon Thais to discuss lifting of labour ban with Saudis
      287 3 AFP BANGKOK A Thai parliamentary committee delegation will visit Riyadh in early February in hopes of paving the way to a lifting of a labour ban imposed after the murder of three Saudi embassy officials here, a committee official said yesterday.
      AFP  -  287 words
    • Article
      Banking in Cambodia: a new dawn or the same old sunrise?
      263 3  -  From Philip Bowring in HONGKONG IS EVERY dawn in Cambodia a mere illusion? Jan 19 saw Cambodian Prime Minister Hun Sen in Hongkong officiating at the award of a banking licence to a Hongkong group. Come March, it is
      263 words
    • Article
      Lock icon Asean urged to ease policies to attract Japan investment
      210 3 AFP KUALA LUMPUR A Japanese business federation yesterday told Asean to relax its industrial policies if it wants Japan to invest more in the region. Asean would receive a smooth flow of Japanese investment if it liberalised restrictions on investment ratios
      AFP  -  210 words
    • Article, Illustration
      Lock icon Khmer Rouge won't take part in any elections: Alatas
      441 3 AFP BANGKOK The radical Khmer Rouge will not participate in any elections held in Cambodia under the present conditions, Indonesian Foreign Minister Ali Alatas told reporters here yesterday. Dr Alatas had met earlier in the day with Khmer Rouge leader Khieu
      AFP  -  441 words
    • ASIA NOTES
      • Article
        Lock icon Suharto to pick Try's successor
        101 4 AFP JAKARTA Military Chief of Staff Try Sutrisno yesterday for the first time publicly confirmed that lists of names for his successor had been given to President Suharto. A well-informed source here said that Gen Try would soon resign from the post as head of
        AFP  -  101 words
      • Article
        Lock icon China denies planning naval expansion
        78 4 AFP BEIJING The Chinese government yesterday denied Japanese press reports that it planned to acquire a new aircraft-carrier and create three new naval bases. Foreign Ministry spokesman, Wu Jianmin. called the reports "all groundless". Based on information from a former Chinese general, Japan's Kyodo news
        AFP  -  78 words
      • Article
        Lock icon Taiwan to restart privatisation plan
        90 4 Reuter TAIPEI Taiwan will try to restart its faltering privatisation programme by auctioning off a majority stake in state-owned BES Engineering Corp, the Commission of National Corporations said yesterday. This month's NTS6.I billion (***** million) offer to the public of 198 million shares in the
        Reuter  -  90 words
      • Article
        Lock icon NZ retail sales down 2pc in Nov
        69 4 Bloomberg Business News WELLINGTON New Zealand retail sales in November fell a seasonally adjusted 2 per cent from October to NZ$2.6 million (552.2 million), the Statistics Department reported. That followed a 3.2 per cent rise in October. The November data were below market
        Bloomberg Business News  -  69 words
      • Article
        Lock icon Thailand's rice export target for '93
        70 4 AFP BANGKOK Thailand hopes to export some 4.5 million tonnes of rice this calendar year, down from 4.8 million tonnes in 1992, a foreign trade department spokesman said here yesterday. Of the sales, 700,000 tonnes are expected to be sold on credit, and negotiations
        AFP  -  70 words
      • Article
        Lock icon Wage rise hard: Japan business leader
        65 4 Reuter TOKYO Wage rises this year will be very difficult to grant because of weak economic conditions, Rokuro Ishikawa, chairman of the Japan Chamber of Commerce and Industry, told a news conference yesterday. "Current (economic) conditions make it hard to raise wages. Japanese companies
        Reuter  -  65 words
    • Article
      Lock icon China reminded of ageing leaders' continued role
      248 4 AFP BEIJING The televised appearances of two Chinese Communist Party "immortals" have again underscored the fundamental role that ageing men without any official posts continue to play in running the country. Both Chen Yun, 88, and 91-year-old Peng Zhen were given the high-profile
      AFP  -  248 words
    • Article
      Lock icon S Korea to ease credit controls on some conglomerates
      379 4 Reuter SEOUL South Korea's finance ministry said it would ease tight credit controls on 20 of the country's sprawling conglomerates to boost their industrial activities and give greater autonomy to financial institutions. The ministry said the government would, from next month,
      Reuter  -  379 words
    • Article
      Lock icon China trying to gain hegemony in Asia: Taiwan
      254 4 Reuter TAIPEI China is trying to gain hegemony over Asia through a military build-up, threatening the region's stability, Taiwan's Foreign Ministry said in a report released yesterday. "Communist China is causing instability in the AsiaPacific region through a major military build-up. It
      Reuter  -  254 words
    • Article, Illustration
      Lock icon Happy about the new year
      37 4 Reuter BEIJING A young girl smiling as she looks over traditional Chinese Lunar New Year decorations being sold by a street-vendor in Beijing yesterday. The Year of the Rooster starts tomorrow. Keuter
      Reuter  -  37 words
    • Article
      Aussie govt gives ABC grant to broadcast in Indochina
      339 4  -  From Brian Gomez THE government-owned Australian Broadcasting Service (ABC) has been given a A 55.2 million (555.7 million) grant to provide public broadcast training in Vietnam, Cambodia and Laos. The deal follows last week's erection in Darwin of a giant satellite
      339 words
    • Article
      Lock icon Australia's year-average economic growth to June will be 2.2pc: economists
      177 4 Agencies CANBERRA Australian year-average economic growth for the year to June will be 2.2 per cent, compared with the government's August forecast of 3.0 per cent, economic consultants Access Economics forecast yesterday. Inflation through 1992/93 would be 2.5 per cent,
      Agencies  -  177 words
    • Article
      Lock icon China stands firm on closure of French consulate
      334 4 AP BEIJING China stood firm yesterday on its demand that France close its consulate in the southern city of Guangzhou in retaliation for the sale of French fighter aircraft to Taiwan. The demand made on Dec 23 that Paris shut its consulate
      AP  -  334 words
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      40 3 If: 4 JOHOR PORT SDN. BHD. n ..i P JSS wish May The Year Of The Roaster pi Bring You Good fortune And Success i i r£ JOHOR PORT SDN. BHD. PO. Box 151, ***** Pasir Gudang, yx. Johor, Malaysia
      40 words
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      599 4 m MNEm MOSCOW NARODNY BANK LIMITED ■I 1 Incorporated in London in 1919 as a private limited company H HI I STATEMENT OF ACCOUNTS FOR THE YEAR ENDED I I DECEMBER 31,1991 I I BALANCE SHEET PROFIT AND LOSS ACCOUNT I As at December 31,1991 For the year ended 31
      599 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Denmark sets out ambitious plans as president of EC
      354 5 Danes also give assurance over political situation at home FT STRASBOURG Denmark has presented the European Parliament with ambitious plans for its six-month presidency of the European Community, which it says will be unaffected by the impending change of government in
      FT  -  354 words
    • Article
      Lock icon Bundesbank leaves leading interest rates at high levels
      384 5 Reuter FRANKFURT The Bundesbank, still worried about rising German inflation, left its leading interest rates at nearrecord levels yesterday. But economists said it was only a matter of time before the German central bank breathed life back into sluggish European economics by
      Reuter  -  384 words
    • Article, Illustration
      Lock icon British publishers fear impact of anticipated VAT
      933 5 Bloomberg Business News LONDON British publishers, bruised by two years of declining advertising revenue and falling book sales, are bracing themselves for another beating if the government slaps value-added tax on books, newspapers and magazines, analysts say. Many expect Chancellor of the Exchequer
      Bloomberg Business News  -  933 words
    • Article
      Lock icon German economy in crisis of confidence, warns industry group
      496 5 UPI BONN Germany's influential industry federation has said the country's economy is bogged down in a deep "crisis of confidence" as the government fails to respond to an emerging recession. "The German economy is stuck in a deep crisis of confidence
      UPI  -  496 words
    • Article
      Lock icon UK industrial output down in November, but rise in exports brings cheer
      329 5 AFP LONDON Britain's industrial production fell by 0.6 per cent in November from the figure in October and manufacturing output fell by 0.5 per cent, the Central Statistical Office said yesterday. Analysts had forecast that industrial production would
      AFP  -  329 words
    • WORLD WATCH
      • Article
        Lock icon Plan to boost E European growth
        57 5 Reuter PARIS The European Bank for Reconstruction and Development (EBRD) is working with the European Commission on a "continental initiative" to boost economic growth in Eastern and Western Europe. EBRD President Jacques Attali was quoted yesterday as saying the EC's growth initiative decided in
        Reuter  -  57 words
      • Article
        Lock icon UK govt urged to ban cigarette ads
        64 5 UPI LONDON A parliamentary committee has urged the government to bring Britain into line with a European Community directive by banning cigarette advertising. The Commons Health Select Committee said on Wednesday that a ban on cigarette advertising would reduce the 75,000 deaths annually
        UPI  -  64 words
      • Article
        Lock icon CIA admits errors in Iraq loan probe
        123 5 AFP NEW YORK CIA officials were to blame for the US intelligence organisation's failure to give information to prosecutors trying officials of a bank that handled illegal loans to Iraq, a newspaper said on Wednesday. CIA director Robert Gates acknowledged in an interview
        AFP  -  123 words
      • Article, Illustration
        Lock icon Let our father go
        51 5 Reuter ILIDZA, Bosnia The children of a Serbian man imprisoned by the Bosnian army taking part in a protest of some 200 Serbian women on Tuesday. They blocked traffic and United Nations convoys on the road into Sarajevo and demanded the release of their family members.
        Reuter  -  51 words
    • Article
      Lock icon Russia adopts economic rescue plan to avert collapse
      468 5 FT MOSCOW The Russian government has adopted an ambitious programme of financial stabilisation and tight monetary policy in an effort to stave ofT financial collapse. The package was adopted on Wednesday after what Boris Fyodorov, the deputy prime minister in charge of
      FT  -  468 words
    • Article
      Lock icon Serb vote opens way for Bosnian peace talks to continue in Geneva
      379 5 Reuter PALE Bosnia's warring ethnic groups are ready to resume complex talks in Geneva at the weekend after a key peace vote by rebel Serbs and a truce between Muslims and Croats. Bosnia's Serbs, battling the Muslim-led government
      Reuter  -  379 words
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  • SPORTS
    • Article, Illustration
      Lock icon Strange is scared to death and happy about it
      736 6 Golf AP TUCSON, Arizona Fear is the key. Although fear and its attendant, anger, generally are considered negative emotions, both are prime ingredients in the rise to the peak of professional golf: fear of failure and self-directed anger at mistakes. When
      AP  -  736 words
    • Article, Illustration
      Lock icon NBA bad boy fined, suspended for one game
      404 6 AP NEW YORK The National Basketball Association yesterday fined Phoenix Suns forward Charles Barkley US$lO,OOO (S$ 16,500) and also one game without pay for his latest breach of conduct, vaulting over the scorer's table to pursue a referee. NBA vice-president Rod Thorn
      AP  -  404 words
    • Article
      Lock icon Guessing game continues over Reeves and Giants
      962 6  -  The former Denver Broncos coach is keeping mum about a possible move to New York. Frank Litsky reports Frank Litsky NYT NEW YORK Dan Reeves was packing his bags in his Denver home on Wednesday night, but where was he going? Two people
      NYT  -  962 words
    • Article, Illustration
      Lock icon Sampras chalks up plodding second-round win
      603 6 Australian Open AFP MELBOURNE American Pete Sampras laboured into the third round of the Australian Tennis Open yesterday in contrast to his dream start to the Grand Slam two days earlier. Sampras, who bedazzled in his straight-set demolition of Carl Uwe Steeb on Tuesday,
      AFP  -  603 words
    • SIDE LINES
      • Article
        Lock icon Aussie golfers lead TPC event
        128 6 AP MELBOURNE Australian golfers Craig Jones and Tod Power upstaged their more fancied rivals yesterday and shared the lead after the opening round of the A 5200.000 Tournament Players Championship (I PC). Power, who has won only one tournament since turning professional in 1984. and
        AP  -  128 words
      • Article
        Lock icon Woosnam out of Australian Masters
        88 6 AP MELBOURNE Welshman lan Woosnam has withdrawn from next month's Australian Masters golf tournament because of a schedule conflict, a spokesman for his management group said yesterday. Woosnam, a top 10 finisher in the tournament in 1987 and 1988. would play another tournament during the
        AP  -  88 words
      • Article
        Lock icon IAAF sticks to stand on prize money
        97 6 AP LONDON The world governing body of track and field said on Wednesday it would stand by its refusal to grant prize money at its world championships, despite a threat of a boycott by top athletes. "We think the spirit of competing is
        AP  -  97 words
      • Article
        Lock icon Jaguar threatens to boycott Le Mans
        103 6 Reuter LONDON Jaguar, seven-time winner of Le Mans, has threatened to boycott the 24-hour race in June unless its new XJ22O supercar can compete on level terms. Jaguar chairman Nick Scheele said on Wednesday: "We would only go to Le Mans if the regulations
        Reuter  -  103 words
      • Article
        Lock icon Bowe fight: Lewis must renounce title
        116 6 Reuter NEW YORK World heavyweight champion Riddick Bowe's manager said on Wednesday that Lennox Lewis would have to renounce the World Boxing Council (WBC) title in order to fight Bowe. Lewis. 22-0, became WBC heavyweight champion after Bowe, following his defeat of former undisputed
        Reuter  -  116 words
      • Article
        Lock icon Baggio sets Italy on road to victory
        101 6 AFP FLORENCE, Italy Roberto Baggio waltzed past two defenders and sent a powerful left foot shot into the corner of the net to set Italy on their way to a 2-0 win over Mexico in a friendly here on Wednesday. After scoring the
        AFP  -  101 words
    • SCORE CARD
      • Article, Illustration
        Soccer
        123 6 LONDON British football (Wednesday night). FA Cup 3rd round replays: Barnsley 1 Leicester 1 (after extra time; Barnsley won 5-4 on penalties): Bristol Rovers 0 Aston Villa 3. Scottish Cup 3rd round: Falkirk v Berwick postponed. 3rd round replay: Celtic 1 Clyde O. Scottish Premier Division: Heart of Midlothian
        123 words
      • Article, Illustration
        Basketball
        35 6 NEW YORK Boston 121. Atlanta 106; New York 114. Charlotte 91; Philadelphia 115. Miami 112 OT: Cleveland 123. Phoenix 119; Portland 110. Minnesota 94: Seattle 111. LA Lakers 101: Golden State 120. Utah 113.
        35 words
      • Article, Illustration
        Badminton
        289 6 SFOL L Korea Open badminton championships yesterday (X denotes seed). Men's singles, 3rd round: Alan Budi Kusuma (Indonesia X-l) b Anders Nielsen (GB X-3) 15-6. 15-4: Ahn Jae Chang (S Korea X-7) b Hideki Furukawa (Japan) 15-2. 15-5: Thomas Stuer Lauridscn (Denmark X-9) b Lee Yong Sun (S Korea)
        289 words
      • Article, Illustration
        Tennis
        272 6 iMKLBOI RNt Australian Open yesterday. Women's singles, 2nd round: Naoko Sawamatsu (Japan) b Petra Thorcn (Finland) 6-1. 7-5; Claudia Porwik (Germany) b Debbie Graham (USA) 6-3. 7-5; Magdalcna Maleeva (Bulgaria xls) b Petra Langrova (Czech) 6-1. 6-0: Anke Huber (Germany xl 1) b Veronika Martinek (Germany) 6-2, 6-4: Ines
        272 words
      • Article, Illustration
        Golf
        90 6 MELBOURNE, Australia leading Scores after Thursday's first round of the tournament Players Championship: 67 Tod Power (Aus). Craig Jones (Aus): 68 Brad King (Aus); 69 Stuart Appleby (Aus). Michael Campbell (NZ). Tony Collier (Aus). Wayne Smith (Aus); 70 Wayne Gradv (Aus); lan Stanley (Aus). Andre Stolz (Aus). Steve Rintoul
        90 words
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  • COMPANIESs & MARKETS
    • Article
      CDL Hotels to buy The Regent of KL
      538 7  -  CityDev unit paying Hazama Bena Dua Ms23lm for the hotel By Conrad Raj SINGAPORE Hongkongbased CDL Hotels International Ltd said last night it had agreed to acquire The Regent of Kuala Lumpur from Hazama Bena Dua Sdn Bhd in a deal worth
      538 words
    • Article
      SCS venture wins franchise to retail Computerland products
      274 7 SINGAPORE A joint venture led by Singapore Computer Systems has been awarded a franchise to retail and distribute microcomputer products and services. The joint venture is Micro Asia Pte Ltd and the franchiser is Computerland Corporation. Based in California, Computerland is one
      274 words
    • Article
      Combined profits of 9 teams dip slightly to $1.14m
      308 7 DBS CHARITY INVESTMENT.RA6I SINGAPORE The DBS Charity Investment Race had raised more than $1.14 million at the end of last month. This is a slight drop from the combined profit of $1.19 million reported by the nine teams in the black
      308 words
    • Article
      CPF adds five companies to trustee stocks list
      239 7 SINGAPORE The Central Provident Fund (CPF) Board has added five companies to its list of trustee stocks for the CPF Investment Scheme. The companies which will join the scheme from today are G K Goh Holdings Ltd, Kim Eng Holdings Ltd, Chuan
      239 words
    • Article
      Fels poised for next boom, but will investors wait?
      786 7  -  HOCK LOCK SIEW By Rahita Elias SINGAPORE Choo Chiau Beng, managing director of Far East Levingston Shipbuilding (Fels), must have breathed a sigh of relief last week. Fels, a world-renowned local rigbuilder, had found a buyer for a rig which Denmark's
      786 words
    • Article
      SES warns buyers cashing in on SPH going ex-bonus
      615 7  -  By Amy Balan SINGAPORE Investors who snapped up Singapore Press Holdings shares yesterday in the hope of cashing in on a drop in its foreign shareholding limit could unknowingly be committing a criminal offence. Following unusually heavy trade in SPH shares,
      615 words
    • Article
      New cocoa unit lifts Khong Guan's results
      205 7 THE maiden contribution of Khong Guan Flour Milling Ltd's cocoa trading subsidiary has helped the group report much better results in its latest half-year. For the six months to Oct 31, 1992, Khong Guan posted a 274 per cent increase in net earnings
      205 words
    • Article, Illustration
      SUMMARY
      336 7 Performance of STII's index stocks Jan 21 Last Sense Index Slock sale C'hee factor movers Avimo I 960 0020 I 70 1.75 CAC 7.450 0 150 6 47 I.VI6 Ccrcbos 4 640 0 140 4 03 12 28 t old Store 2 940 0 010 2.55 0 88 FAN
      336 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Material Handling buys Chrisma stake
          78 8 SINGAPORE Material Handling Engineering said it has agreed to buy a 60 per cent stake or 187,5000 shares of the enlarged capital of Chrisma Technology. The purchase price will be pegged at three times the audited profit of Chrisma for the year ending Dec 31,
          78 words
        • Article
          Lock icon Guinness Peat unwinds Brierley tie-up
          85 8 Reuter LONDON Financial services firm Guinness Peat Group pic said its joint venture with Brierley Investments Ltd concerning their investment in Australian Consolidated Investments Ltd (ACIL) has been unwound. This move follows the completion of the takeover ofTer and sale of ACIL's brewing interests to
          Reuter  -  85 words
        • Article, Illustration
          Lock icon Simply putting the point across
          46 8 Reuter TOKYO A Sanyo Electric Co promotion girl demonstrating the firm's first pen-based computer, Pen Act, able to input data by pointing a cordless pen stylus on a special liquid crystal display yesterday. Sales start in February at 473,000 yen (556,149)).
          Reuter  -  46 words
        • Article
          Lock icon Astra buy won't lead to cartel: Sumarlin
          77 8 AFP JAKARTA Indonesia's Finance Minister has said the purchase of Astra International (AI) shares by a group of leading businessmen from the Prasetya Mulya (PM) group will not lead to a cartel, a report said yesterday. "I do not see any possibility of
          AFP  -  77 words
        • Article
          Foreigners own 17.64pc of SCS
          25 8 SINGAPORE Singapore Computer Systems Ltd said yesterday foreigners owned 17.64 per cent of its issued capital as of Jan 14.
          25 words
        • Article
          Lock icon Campbell: No more bids for Arnotts
          60 8 AFP SYDNEY The Campbell Soup Co of the US, under pressure to lift its price for Arnotts Ltd following the biscuit maker's strong interim profit result, yesterday ruled out a higher bid. "We have no intention of making another bid for shares of Arnotts,"
          AFP  -  60 words
      • Article, Illustration
        Lock icon Yaohan plans major Chinese investment
        566 8 Reuter HONGKONG Hongkongbased Japanese retailer Yaohan International Co Ltd (YIC) plans to pour more than half its fresh investments into China despite calls from Beijing for a brake on rapid economic growth, chairman and president Kazuo Wada says. In an interview with Reuters, Mr Wada
        Reuter  -  566 words
      • Article, Illustration
        Bakti Kilat confirms takeover of UMBC in M$600m deal
        550 8  -  Move part of complex transaction involving Datuk Keramat From Leslie Lopez in KUALA LUMPUR MALAYSIA'S Bakti Kilat Sdn Bhd, a private company controlled by a group of wellconnected businessmen, announced yesterday the takeover of United Malayan Banking Corp Bhd (UMBC) in
        550 words
      • Article
        Lock icon Ramos tells rival camps to settle dispute over PAL
        445 8 Philippine leader wants row resolved at all cost Reuter MANILA A fight for control of Philippine Airlines (PAL) is still underway but rival camps agreed to settle their differences after President Fidel Ramos told them to get their act together, the
        Reuter  -  445 words
      • Article
        Lock icon Unisys posts strong fourth quarter gains
        331 8 NYT NEW YORK Unisys Corp, a once-troubled maker of big computers, on Wednesday reported strong earnings gains for the fourth quarter at a time when other producers of large computers are struggling. The fourth-quarter earnings surge brought net income for the year to US$36l
        NYT  -  331 words
      • Article
        Lock icon Singapore and HK venture funds chase China companies
        349 8 Reuter SINGAPORE Venture capital is flowing steadily into China from Singapore and Hongkong for investment in Chinese companies considered likely to list on China's stock markets, say industry officials and analysts. "Large venture funds are being invested by Singapore firms in unlisted
        Reuter  -  349 words
      • Article
        Lock icon Bangkok to decide next month on Hopewell rail project
        301 8 AFP BANGKOK The Thai government will decide next month whether to allow Hongkong's Hopewell Holdings to start construction of a US$3.2 billion (555.3 billion) mass transit system for Bangkok. Communications Minister Vinai Sompong yesterday said a supervisory committee would meet from
        AFP  -  301 words
      • Article
        Lock icon Dell Computer goes low-cost in Japan
        532 8 US PC maker plans to be competitive in its Japanese debut Bloomberg Business News TOKYO Dell Computer Corp, hot on the footsteps of arch rival Compaq Computer, threw down the gauntlet to its US and Japanese competitors with a plan to crash the Japanese
        Bloomberg Business News  -  532 words
    • FINANCE
      • Article
        China bank among top loan arrangers
        609 9  -  China Devt Finance makes meteoric rise to 7th spot in Asian loan market By Dawn Tan SINGAPORE China Development Finance Co (CDFC), the merchant banking arm of Beijing's Bank of China (BOC), is fast becoming a big name in the Asian loan syndication market.
        609 words
      • Article
        Lock icon China to issue foreign currency bonds soon
        161 9 AFP HONGKONG China will soon issue its first foreign currency denominated bonds in a bid to stop people buying US dollars and undermining the yuan, a Beijing-funded newspaper said. Recent overseas reports that the yuan might be devalued sent Chinese scrambling for US
        AFP  -  161 words
      • Article
        Lock icon Aussie bank NAB sees better 1993 results
        348 9 Reuter MELBOURNE The National Australia Bank Ltd said it expects its after-tax profit in the year to September 1993 to exceed its 1992 results. "I am confident that the group's after-tax profit in 1993 will be an improvement over 1992's result," chairman William
        Reuter  -  348 words
      • Article
        Lock icon Japanese money supply shrinks again by 0.5pc
        307 9 AFP TOKYO Japan's money supply in December shrank 0.5 per cent from a year earlier following a 0.6 per cent decline in November, marking the fourth consecutive monthly contraction, the Bank of Japan said. The central bank also said that money supply, as
        AFP  -  307 words
      • Article
        Lock icon Banks reeling from turbulent change in financial markets
        549 9 Reuter PARIS Bankers have always been good at digging a hole for themselves, but the pace of banking accidents has undoubtedly accelerated over the past 20 years because of the liberalisation and globalisation of financial markets. The failure of Bankhaus Herstatt because
        Reuter  -  549 words
      • Article, Illustration
        Lock icon Liffe steps up battle to dominate European futures
        679 10 German link-up with France's Matif may prove to be a challenge Reuter LONDON The launch of a I new German bond contract in London yesterday will step up < a long-running battle for domi- I nance of the European futures 1 industry.
        Reuter  -  679 words
      • SMALL CHANGE
        • Article
          Koh Boon Hwee to be on UBS board
          71 10 SINGAPORE ÜBS (East Asia), the Singapore-based merchant banking subsidiary of Union Bank of Switzerland, has appointed Koh Boon Hwee, Wuthelam Holdings executive chairman, to its board of directors. Mr Koh has also been appointed as a member of ÜBS (East Asia)'s commitment
          71 words
        • Article
          Lloyd's seen facing £1.6b loss
          88 10 LONDON The Lloyd's of London insurance market is heading for a loss of £1.635 billion (554.2 billion) on its 1990 year of account, independent Lloyd's analysts Chatset told a news conference. Lloyd's in June last year announced a record £2.06 billion loss for 1989. It
          88 words
        • Article
          Thai Military Bank profit jumps 79pc
          96 10 BANGKOK The Thai Military Bank recorded a dramatic 79 per cent increase in net profit in 1992 to more than 1.8 billion baht, up 79 per cent from 1991.The bank's 1992 results were published in press reports on Wednesday. Debt and asset management was
          96 words
        • Article
          Philippines to acquire Amex shares
          104 10 MANILA The Philippine government will acquire the 40 per cent shares of American Express (Amex) in a local bank, a move that will make the government sole owner of the bank, the finance secretary said yesterday. Secretary Ramon Del Rosario said Manila had chosen to
          104 words
        • Article
          Royal Trastco sees 4th-quarter loss
          81 10 TORONTO Royal Trustco Ltd, citing additional deterioration in its loan portfolio, said it expects to post a fourth-quarter loss and is seeking a "major" equity investment. The company said it would add to its reserves for loan losses in the fourth quarter and was considering
          81 words
        • Article
          Italian bank alone on acquisition
          114 10 MILAN Casse di Risparmio dell Provincie Lombarde (Cariplo), Italy's largest savings bank, is expected to try to acquire 42 per cent of investment bank IMI from the Italian Treasury alone after plans to acquire the stake along with savings bank group ICCRI fell through. "This
          114 words
      • Article
        Lock icon Taiwan cracks down on illegal futures brokers
        220 10 AFP TAIPEI Taiwan authorities have launched a fresh crackdown on illicit futures operations, raiding 17 underground brokers and turning the operators over to prosecutors, investigators said yesterday. More than 100 Bureau of Investigation (BOA) investigators were mobilised on Wednesday for the raid, the
        AFP  -  220 words
      • Article
        Lock icon Samurai market seen attracting more foreigners
        282 10 Reuter TOKYO Historically low Japanese interest rates will attract more foreigners to the "Samurai" bond market this year than last year, when the volume of issues expanded sharply. Underwriters said yesterday that a stagnant stock market and lack of other promising outlets were making
        Reuter  -  282 words
      • Article, Illustration
        Lock icon Lloyd Bentsen: a champion of liberal economics
        335 10 AFP WASHINGTON Lloyd Bentsen, confirmed as Treasury Secretary Wednesday hours after Bill Clinton was sworn in as US president, is a Washington insider with a strong background in finance. Bentsen, 71, a courtly millionaire who has headed the Senate Finance Committee for more
        AFP  -  335 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        164 10 Early morning saw US$ being sold off against the Singapore dollar by Japanese and offshore interest. The sentiment turned bearish from previous day's bullish scenario after overnight shorts were covered and the market flushed with dollars. This brought the USS/SS to a morning low of
        164 words
      • Article
        Lock icon London
        176 10 AFP LONDON Depressing figures on British unemployment and industrial output weighed heavily on the pound yesterday, with sterling dropping to 2.4502 German marks from 2.4763 on Wednesday. The dollar closed stronger, largely in response to technical factors and despite a decision by the German Bundesbank to leave its leading
        AFP  -  176 words
      • Article, Illustration
        Untitled
        1511 10 I radr urtthlnl index ixtkvkUed against Sport s lop 14 trading partners Base ytmr I9H< US$/S$ forward rates Noon Jan 21 s$ Bid Oder 1-month 1.6322 1.6537 2-month 1.6312 1 6527 J-month 1 6501 1.6516 6-month 1 6475 ***** Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10m yesterday: Singapore
        1,511 words
      • Article
        Lock icon New York
        76 10 Knight-Ridder NEW YORK The dollar opened on a firm note after successfully weathering the test of 1.60 marks overnight. Dealers said the recovery began in Asia and extended to Europe on strong customer demand. The dollar opened at 1.6120/25 marks and 124.95/00 yen, up from 1.6005/15 and 124.60/70
        Knight-Ridder  -  76 words
    • COMMODITIES & FUTURES
      • Article, Illustration
        Lock icon Malaysia raises estimate of last year's cocoa output
        400 11 Reuter TAWAU Malaysia's Cocoa Board has revised its calendar 1992 cocoa output to 200,000 tonnes from its earlier estimate of 184,000, but some traders said the actual rise could be much higher. Traders in the east Malaysian state of Sabah estimated 1992
        Reuter  -  400 words
      • Article
        Lock icon Clinton presidency may see wild swings in world oil prices
        627 11 Reuter LONDON Bill Clinton's US presidency may mark a period of change for world oil during which prices could take some wild swings. "Things in the oil market are coming to the boil," says Mehdi Varzi, who follows the petroleum
        Reuter  -  627 words
      • Article
        Lock icon Russia agrees to sell US$2b worth of gas to Italy in return for equipment
        222 11 FT ROME Russia has agreed to supply US$2 billion (553.3 billion) worth of natural gas to Italy in return for equipment to modernise its own industry serviced by companies of ENI, the Italian state oil concern.
        FT  -  222 words
      • Article
        Lock icon Dubai: a city paved with gold
        667 11 Reuter DUBAI A bank wants two tonnes of gold. It arrives the same day in a truck without protection. Traders say Dubai is one of the few places in the world where this can happen. The bustling Gulf emirate is quickly becoming one of
        Reuter  -  667 words
      • Article
        Lock icon Oil futures rise on Iraq news
        265 11 ENERGY REPORT Bloomberg Knight-Ridder NEW YORK Oil futures on the New York Mercantile Exchange jumped 10 cents yesterday on CNN reports that the US fired a missile at an Iraqi radar site. Markets were already up about 15 cents as strong winds in the
        Bloomberg; Knight-Ridder  -  265 words
      • Article
        Lock icon Future of Int'l Sugar Organisation secure after new pact
        510 11 Reuter LONDON The future of the International Sugar Organisation (ISO) seemed secure on Wednesday following implementation of a new administrative pact. Delegates said several countries including Brazil and India managed to complete the necessary procedures late on Tuesday to enable a
        Reuter  -  510 words
      • Article
        Lock icon Eurodollars weaken, Nikkei mixed
        1397 12 StMEX REPORT Reuter SINGAPORE Simcx Eurodollar futures ended weaker yesterday on position adjustments after the market shrugged off President Bill Clinton's inaugural address. Contracts drifted lower on a lack of buy incentives after the new president failed to announce any details of how he would attack
        Reuter  -  1,397 words
      • Article
        KL tin up fourth straight day boosted by LME rise
        1005 12 COMMODITIES REPORT Tin THE price of tin was five sen higher to close at MS 15.00 per kg on the Kuala Lumpur Tin Market here yesterday. Extending its rises for the fourth consecutive day. the price was boosted by the
        1,005 words
    • Article
      COMMODITY PRICES
      1664 12 Rubber jan2i IMS Commodity Exdiangt (futnros doting as at 1pm) HAS (physical prtcos) RSS 1 Contract (S cents/kg) Bnyors St Mors Close volume Open Aa at 12 noon (S cents/kg) Monlh High Low Set! (tonnes) Interest RSS 2 Feb 92 145 00 I46 00N Feb 93 149.25 149.00
      1,664 words
    • REGIONAL STOCK MARKETS
      • Article
        Untitled
        461 13 Taipei v5~ J" 19 NTS (TM) Ml Sirvcrc InJ 5 JO ulKh 2 Aiu < ement 55 00 200 797 Cathay Constr 4120 090 1918 Cathay Life Ins 108 50 I 50 917 Chang Hwa Bank 83 50 1 50 1092 thenaLoonj 15 70 0.50 4510 Oua Hun Cement 3*
        461 words
      • Article
        Australia
        1137 13 -2.7 A weaker Australian dollar kept overseas investors away as the sharemarket closed lower in thin, directionless trading. Brokers said many domestic players stayed on the sidelines as the index hit a low of 1,514.3 before regaining ground in late buying. However brokers also said the market had held
        1,137 words
      • Article
        Manila
        588 13 +21.56 Share prices climbed in a strong broad-based rally sparked by the rebound of phone giant Philippine Long Distance Telephone Co (PLDT). brokers said. The Manila Stock Exchange Composite Index rose 21.56 points to end at 1.331.24. The market has climbed 48.24 points in the past two days. "The
        588 words
      • Article
        Seoul
        424 13 -0.08 Stocks fell back below the 700 mark in heavy pre-holiday trading as profit-taking in the late afternoon eroded early gains, brokers said. The market will be closed today and tomorrow for the lunar New Year holiday. Normal trade will resume on Monday. Brokers said the government's widely-expected announcement
        424 words
      • Article
        New Zealand
        329 13 •10.13 The share market closed lower with buyers continuing to hold back because of the unsettled situation in currency and debt markets, brokers said. "The market is unnerved by the going's on in financial markets together with the downgrades of Fletcher Challenge and Carter Holt," said ANZ's Steve
        329 words
      • Article
        Bombay
        73 13 +20 Rumours of an increased flow of funds into the market increased Indian stock prices, especially in Bombay, which accounts for 70 per cent of the stock trading in the country. The Bombay Stock Exchange index gained 20 points to close at 2,551.55. The National Index closed at 1162.57,
        73 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        714 13 Britannia Funds SKrtiac Cash Bid Offer Mim Cap Deposit *38 0900 *38 1000 Mim Jeney Gill .0.1866 ***** Mim Mu Income ****** ****** USS CaU Income Plus Fund *****0 10 6000 PS S Reserve Fund $.2000 5.2100 Sterling tquit> Euro Performance .0.4352 0 4610 Far East Fund *2.4870 *2 6740
        714 words
      • Article
        Milan
        144 13 +0.47pc Italian shares closed firmer but off session highs yesterday as an initial flurry of buying gave way to profittaking which in* turn faded away as bargain hunters returned. The MIB All Share Index closed 0.47 per cent higher at 1,077 a 7.7 per cent gain from the beginning
        144 words
      • Article
        Stockholm
        115 13 -0.62 pc Rising money market rates caused a weak opening yesterday which developed into a pronounced decline towards the end of trading when some foreign investors withdrew buy orders, dealers said. The All-Share Index weaken by 0.62 per cent to 922.16 on high turnover of 744 million crowns. Pharmaceutical
        115 words
      • Article
        Frankfurt
        176 13 -1.21 German shares ended mixed yesterday and the key blue-chip index marginally lower as the market tried to consolidate the gains won since last Friday, traders said. The 30-share DAX Index ended 1.21 points lower at 1.573.67. News that the Bundesbank council did not cut interest rates at yesterday's
        176 words
      • Article
        Brussels
        178 13 13.67 The Bel-20 Index of leading Belgian shares closed more than 1 per cent higher in the strongest volume for months as institutional buyers and market professionals took positions in leading blue-chip stocks. The Bel-20 closed up 13.67 points, or 1.19 per cent, to 1,164.41. Volume in Belgian shares
        178 words
      • Article
        London
        591 13 +24.6 Share prices closed firm as economic statistics released raised hopes among some operators that interest rates would be cut sooner rather than later. The FTSE 100 Index rose 24.6 points to 2,773.3. Traders said unemployment rose by a much higher than expected 60,800 in December, increasing pressure on
        591 words
      • Article
        Paris
        156 13 -6.64 Property and building problems at Lyonnaise des EauxDumez cast a shadow over the Paris bourse yesterday, but share prices ended with trimmed losses as stock index futures provided a technical floor. The CAC-40 Index ended down 6.64 points, or 0.37 per cent, at 1,812.18. Volume was heavy at
        156 words
      • Article
        Amsterdam
        223 13 1.03 Dutch shares ignored a dip on Wall Street to end firmer yesterday. Dealers said steady foreign demand combined with a lift in the dollar to buoy sentiment. The EOE Index hit a three-month peak of 294.44, up 1.03 but off a session high of 295.03. Amsterdam Jaa 21
        223 words
      • Article
        Zurich
        260 13 14.9 Swiss shares ended higher yesterday, led up by selective demand in some industrial and financial blue chips, dealers said. The broader SPI Index rose 14.9 to 1,259.6. Slightly easier Swiss money market interest rates helped financial stocks to rise. Dealers said news that the German Bundesbank had left
        260 words
      • Article
        Johannesburg
        303 13 -2 Shares outside the industrial market ended firmer yesterday on a mostly quiet Johannesburg Stock Exchange on the back of a firmer gold price and an improvement from oversold levels by market leaders, dealers said. The JSE Industrial Index, reflecting a general lack of interest, lost two points to
        303 words
      • Article
        Toronto
        292 13 +2.1 Toronto stocks opened mixed yesterday with a weaker bias, pressured by tumbling bank shares. The TSE 300 Index fell 9.4 points to 3,280.8 on volume of 4.5 million shares valued at C 534.6 million. Advances narrowly edged declines 87 to 83, with 177 issues unchanged. On Wednesday, stocks
        292 words
      • Article
        New York
        827 13 -14.04 Wall Street share prices slipped lower yesterday in the absence of any new US economic figures, or details of new President Bill Clinton's economic programme. At 11:52 am, the Dow Jones Index of leading industrial shares was up 1.62 points at 3,243.57. On Wednesday, blue-chip stocks closed
        827 words
    • Article, Illustration
      Lock icon HONGKONG
      2960 14 AFP SHARE prices rallied on seleetive bargain hunting in the last day's trading of the Lunar Chinese calendar on the loeal stoek market yesterday. The Hang Seng Index gained 37.37 points, or 0.64 per cent, to close the week's trading at 5.914.39 as the market closed from today till
      AFP; Source: Bridge Info  -  2,960 words
    • Article, Illustration
      CHINA
      399 14 THE Shanghai A market was boosted by speculations that listings of the third batch of new A shares will be postponed beyond March, to give the market a short breathing space. There are a total of 23 new listings planned for this year. The second batch of four A
      399 words
    • Article, Illustration
      Lock icon TOKYO
      2519 14 Reuter STOCKS ended mixed in thin, choppy trade as index-linked buying triggered by short-cover-ing in thelutures market erased early losses. But sentiment was dampened as the Nikkei average traded below key resistance at 16,500 for most of the day, brokers said. "The fluctuations in the afternoon were very technical
      Reuter; Source: Bridge Info  -  2,519 words
    • Article, Illustration
      Lock icon BANGKOK
      1842 14 Reuter BUYING of shares in big property firms pushed the index higher, offsetting profit taking in the finance and banking sectors, brokers said. The SET index gained 4.04 points to close at 965.34 on active turnover of 10.35 billion baht. It was the highest close since 963.03 on Nov
      Reuter; Source: Bridge Info  -  1,842 words
    • Article, Illustration
      Lock icon JAKARTA
      738 14 Reuter Trading picked up a little hut over a narrow spread of counters. "There's some buying interest because the Astra problem seems over and the outlook for 1993 is better than 1992. At least confidence is starting to come in." said a broker with a foreign house. Astra International
      Reuter; Source: Bridge Info  -  738 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2543 15 Source: Bridge Info Source: Bridge Info Cr Or 1992/9.1 1am Vol Day l«il Di> IM» YM ><« M (*p High Low ixnpan> Sale (*000) High Ijom Btixr Seller S CVf S P/E Smil MALAYSIAN STOCKS 132 104 AISB 50c 121 xd 120 5 0 0 8 1.3 6050
      Source: Bridge Info  -  2,543 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Prices end mixed ahead of holidays
        4873 15 Bernama Reuter KUALA LUMPUR Share prices here ended mixed in quiet trading yesterday in the absence of positive leads and ahead of Chinese New Year holidays. "Pre-holiday buying was evident although interest was selective," said a broker. "But the near-term prospects remain uncertain." The
        Bernama; Reuter; Source: Bridge Info  -  4,873 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Market hits year's high on keen buying
        6754 16  -  By Moiz Tyebally SINGAPORE Keen buying interest in SPH and other index-linked stocks drove the Straits Times Industrials Index to a new high for the year yesterday. The STII jumped 15.71 points to 1,593.87 points, just 13.25 points short of its all-time high
        Source: Bridge Info  -  6,754 words
      • Article, Illustration
        Lock icon Acma Ltd
        69 16  -  HOT STOCK Quak Hiang Whai ACMA Ltd recently broke through major resistance at $2.10 and out of a downwardsloping trend line. The stock suiged to 52.6S and appears headed for an all-time high of around S3. Investors should be cautious now. Daily and weekly RSIs and stochastics have
        SOURCE: BRIDGE INFO  -  69 words
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      655 words
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      Page 7 Advertisements Column 2
      320 7 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF INTERUMTED AGENCIES PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the member* of Intenmited Agenda Pie Ltd duly convened and held at Blk 334, Kreta Ayer Road #03-09, Singapore 0208 on 2let
      320 words
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      69 words
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      675 words
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      981 11 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 PROPOSAL TO CHANGE OF SHIP'S NAME We. Hal Yin Diesel Trading Pte Ltd, 6001 Batch Road, #13-06 Gokten Miia Towar, Singapore 0719 hereby give notice that in consequence of tha intended of purchase and change o( ship's name from Japan Flag
      981 words
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      265 12 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 MONALALS IMPORT EXPORT PTE LTD (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308( I) of the Companies Act, (Chapter SO) a final general meeting of the abovenamed company will be held on 22nd
      265 words
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      Page 12 Advertisements Column 2
      19 12 As and when the latest I>ondon/Rotterdam prices are not available, the previous trading day's closing figures are carried instead
      19 words
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      23 words
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      51 14 1L j fVwUfrs..SINCAPCmi THE HOUR GLASS Lucky Plaza W: 7)*****/1 Scorn TH: 2 J*****/7198 Centr*po.n» Tel: 7)415W60J Peninsula Pla/a Tel *****09/*****63 Palais Renaissance TH: *****62/543 Raffles Tel: *****41 World Trade Centre Success Chronograph Automatic Tel *****07 Changi Airport Terminal 1 (East West Wings) Tel *****69*). Terminal 2 (Sooth Wing) Tel
      51 words
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      167 15 fem. i YOUR VERY OWN HASSLE-FREE If news and other pertinent information on companies listed on the Stock Exchange And for subscription fee of onlg $250 per month, you and your company can °f Singapore Clob International are important to you and your business, then SPH subscribe to this specialised
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      48 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon An image of grace and chic
      1055 17  -  Caryn James profiles the gamine Audrey Hepburn who died on Wednesday Caryn James NYI Audrey Hepbum, the actress who epitomised Hollywood chic in the 1950s and 60s, died on Wednesday at her home in Tolochenaz, near Lausanne, Switzerland. She was 63 and had undergone
      NYI  -  1,055 words
    • Article
      Eleanor Hibbert — writer with 3 pseudonyms — dies
      429 17 Eleanor Hibbert writer with 3 pseudonyms dies CHATTERBOX ELEANOR HIBBERT, a prolific and popular novelist whose books, written under the pen names Jean Plaidy, Victoria Holt, and Philippa Carr, sold more than 100 million copies, died on Monday aboard a Mediterranean cruise ship. She was believed to be in her
      429 words
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      Page 17 Advertisements Column 1
      102 17 Chikuyotei truly captures the culinary essence of Japan with its freshest of Japanese delights from the delicacy of unagi (eel) to tantalizing tempura, sushi, shabu shabu, sashimi and sukiyaki. 10% OFF FOR CHASE CARDMEMBERS What's more, all Chase Cardj» Z4 f: members dining at Chikuyotei from 15 January 7 February,
      102 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      1250 17 TV RADIO by and the Star of Africa are >at Morita as a Japanese investigator who has a culture clash highlighted. with an American cop in Collision Course, 10.00pm, SBC 5 cppio by Lunar New Year Spe- 7.00 News (C). 000 cial '93(C). 7.30 Lingo (Game Show). 7.25 PWI Opening
      1,250 words
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      630 18 ptf Nothing Beats ABud. H§l OF GEPHJTO PE^IAJiG LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT SNACKS WITH GOOD FRIENDS. 1% ING'S A MEMBER OF CDL hotels HOrHl-S!VCA?OS£ Havelock
      630 words
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      Page 18 Advertisements Column 2
      349 18 WHERE TO WINE, DINE AND ENTERTAIN Free Bird's Nest Delicacy. Yours won't be the first family it gets out of the house. Celebrate Reunion Dinner at JjfWW fv the Plaza Hotel and you'll be able vuM to enjoy Bird's Nest Delicacy, at no *"7 extra charge* yy 1 Ca*****9011 or29oBoos(after6pm).
      349 words
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      Page 18 Advertisements Column 3
      359 18 Fancy Beijing? Then, we're delighted to suggest the Pine Court for a memorable dining experience. Try our Beijing specialities such as Baked Tench, Beijing Duck and Marinated Lamb and our lunch menu of > Beijing dian xin. To add to your enjoyment, fIIOQ all these are well within your reach.
      359 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Between nodding dogs and 'Todies'
      606 19  -  Hong Lee Tiam on fledgling ad agency Lloyd Martin's market positioning Hong Lee Tiam The fledgling Lloyd Martin Advertising Design Direct wants to make it in the demanding Singapore advertising industry by positioning itself between the local "nodding dog" agencies and the "Todies" (Tour of
      606 words
    • Article, Illustration
      Revlon seeking a global image
      199 19 REVLON International is moving to globalise its image as the mass market cosmetics business shifts ground. Last week, the giant cosmetic marketer named Young Rubicam to handle its consolidated US$6O million (5598.4 million) to US$7O million overseas media buying account, reported Advertising Age. Y&R will
      199 words
    • Article, Illustration
      Lock icon Wal-Mart set to get even cheaper
      881 19 The US' biggest retail chain takes another innovative step towards cutting prices Bloomberg IT TOOK Wal-Mart Stores Inc more than 20 years to become the nation's biggest retailer. Now, the company has decided that the best way to do its job is to let
      Bloomberg  -  881 words
    • Article
      Lock icon American advertising guru Stanley Katz dies
      258 19 NYT S TANLEY H KATZ, a leading figure in the advertising industry in the L'S, died on Tuesday as he travelled to his home in West Orange. New Jersey. He was 70. Mr katz died of heart failure, the katz family said in a
      NYT  -  258 words
    • COPY LINES
      • Article
        First US ad agency in Vietnam
        73 19 BANGKOK US-based advertising giant J Walter Thompson has become the first American agency to establish a toe-hold in Vietnam. Ihe firm's move into Hanoi and Ho Chi Minh City follows Washington's relaxation of the embargo against American firms doing business with the nation's former
        73 words
      • Article, Illustration
        Hyatt's new ad campaign
        66 19 SINGAPORE Hyatt International Hotels launched a new international advertising campaign on Jan 15. The chain has appointed D Arcy, Masius. Benton and Bowles of Hongkong as its corporate marketing communications agency. A $17 million print campaign will be launched soon, first in the Asia-Pacific, where Hyatt
        66 words
      • Article
        Carrier appoints JWT
        62 19 SINGAPORE Air-conditioning company Carrier Singapore has appointed J Walter Thompson to handle all its print, radio and English TV advertising. A JWT spokesman said: "Carrier has a superb product that is functionally superior over its competitors. All that is needed is a strategically correct communications programme." Carrier's
        62 words
      • Article
        CIA Group, Medianetwork to merge
        54 19 LONDON British advertising firm CIA Group pic will merge with the Italian-based independent media specialist Medianetwork to form a European media network. The combined billings of both groups will be more than £600 million (S$ 1.008 billion). CIA will buy Blufin. Medianetwork's parent, in exchange
        54 words
      • Article
        Peugeot to adopt new sales strategy
        60 19 TOKYO Peugeot Japan Co plans to undertake a new sales strategy this year by designating sales targets and reviewing contracts with car dealers that do not meet those targets, Peugeot Japan president Richard Murray said. The company sold 2,385 cars in Japan during 1992,
        60 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      69 19 Our special edition I Sunday will feature: I I Prime Minister Goh Chok Tong's In frank answers to some readers' I questions. I The character fu (prosperity), which you can frame for year-long good fortune. It is drawn by the nation's top Chinese calligrapher. r Singapore's heroes-next-door. I How Singapore
      69 words
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  • Article
    Blues of Big Blue
    613 20 EDITORIAL THERE are no problems, only challenges, an information technology (IT) consultant said at a recent seminar. Tell that to IBM, which has just recorded the largest annual loss of any company in US corporate history. The computer colossus lost U554.97 billion last year, following its
    613 words
  • WHAT THE OTHERS SAY
    • Article
      A maturity Germany seeks
      317 20 SHOULD GERMANY play an active military role in support of peacekeeping and peace-making operations in Europe and other regions? Chancellor Helmut Kohl certainly thinks so and wants to amend his country's post-war constitution, which prohibits a military role beyond self-defence or obligations under the North Atlantic
      317 words
    • Article
      Keep upgrading tuition scheme
      104 20 THE ALMOST 200 per cent jump in Mendaki's Weekend Tuition Scheme's enrolment this year reflects the Malay-Muslim community's growing confidence in the benefits of the programme. Based on its recent figures, Mendaki has been able to break the barrier of uncertainty and scepticism about the potential
      104 words
    • Article
      Plenty on Clinton's mind
      153 20 BILL CLINTON was sworn in as the 42nd president of the United States of America today. In an opinion poll, a majority of Americans have given him good ratings and believe that he will do a better job than his predecessor, George Bush. Clinton has taken
      153 words
    • Article
      Honour the people's mandate
      181 20 THE RECENT abrupt adjournment in Rangoon of the much-publicised National Convention to lay down guidelines for a democratic constitution in Burma came as no surprise to the Burmese people at home and overseas. Six hundred and ninety-nine "handpicked" delegates attended the convention called by the ruling
      181 words
    • Article
      Better guidelines needed
      210 20 IN HIS ADMIRABLE and, at times, touching report on the Lan Kwai Fong tragedy, Mr Justice Bokhary makes a visible point of not apportioning blame. He is, despite the very human and personal tone of his remarks, both objective and fair so much so, indeed, that he
      210 words
  • Article
    What the Cathay Pacific strike portends
    1027 20  -  From Hongkong, Philip Bowring reports on some remarkable aspects of the Cathay Pacific strike and its possible implications, even beyond 1997 Philip Bowring The writer, a former editor of Far Eastern Economic Review, contributed this article to BT IT IS NOT often that strikes
    1,027 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      158 20 RUN YOUR OWN HI-TECH MARKETING PROGRAM FOR AS LITTLE AS O PER MONTH Yes! with SPH BizFone Service, you can LUX Glamour Hotline 742 5008 run a gamut of Marketing and Promotion programs such as Electronic Lucky Draw, Sony Hotline 743 1151 Consumer Poll, "Tele-ordering", Recruitment, and more... NKF GiftUne
      158 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      82 20 nvicTs -rup>T s=.\-friMn. N C S »MToi"noM i> i Tvie-'Fißnn's fv4cj_v.O—Stc?p l NQ,eR > tM J )TS SQrn^ I CAMTtfcH GOOD /TMe cPvroP jy> L V GUiPE'^^^LC^g B IKT^ c associated mmmmm ltd.. POONESBURY GARRY TRUDEAU ~HOto STILL ON THEWHF£ HEF' I HUH I ABOUT HILL. STILL NOT fCSfETI' SO.
      82 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Robert Reich: the liberal mole in Clinton's Cabinet
      883 21 The new US Labour Secretary's book. The Work of Nations, highlights loopholes' in the tax code that could be closed to reduce the budget deficit Bloomberg Business News THE MAN to watch in President Bill Clinton's Cabinet is Labour Secretary Robert Reich.
      Bloomberg Business News  -  883 words
    • Article, Illustration
      Big benefits for both sides in that 'mother of all deals'
      980 21  -  S N Vasuki discusses what Arthur Andersen and Asahi Shinwa stand to gain in their recently-announced tie-up S N Vasuki JAPANESE accounting firms have been forging bold global alliances in recent years. Strong on their home ground but lacking
      980 words
    • Article, Illustration
      Lock icon Going public in Malaysia
      1023 21  -  Shukri Rahman finds out how many, and how quickly, Japanese-linked firms incorporated in Malaysia are likely to be listed on the KLSE Shukri Rahman Malaysian Business ANALYSTS and merchant bankers are confident that there will be more locally-in-corporated Japanese companies listed on the Kuala Lumpur Stock
      Malaysian Business  -  1,023 words
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  • Article
    Lock icon New chief gets cracking on first full day
    362 22 AFP UPI AP WASHINGTON President Bill Clinton woke up yesterday to an Oval Office full of pending domestic and foreign policy issues, but with the determination to set to work immediately on his first full day as president. White House Chief of
    AFP; UPI; AP  -  362 words
  • Article, Illustration
    Lock icon Asia cautiously welcomes Clinton
    539 22 China warns the new President not to tamper with MFN status South China Morning Post AFP Bernama Reuters HONGKONG While Western countries sent their congratulations to the new US president, a number of countries expressed concerns about future strains in their relations with the US. Hours
    South China Morning Post; AFP; Bernama; Reuters  -  539 words
  • Article
    Lock icon Washington unlikely to push Beijing on human rights: Asian analysts
    477 22 IHT SINGAPORE Officials and economists in Asia doubt that the Clinton administration will carry out threats to use economic leverage to force improved human rights and democracy in China because it would undermine economic growth and jobs in the US.
    IHT  -  477 words
  • Article, Illustration
    Clinton's purple prose and poetry fail to inspire
    1034 22  -  The Bottom Line PATRICK DANIEL PATRICK DANIEL The writer is the Editor of Business Times AS I watched President Bill Clinton's inaugural address on BBC Television in the BT newsroom early yesterday morning, I couldn't help wondering how much of the man's
    1,034 words
  • Article
    US should take long hard look at Asia, says Lee
    205 22 SINGAPORE The US should take "a long hard look at Asia" as it is the one region which can give the American economy a lift, Senior Minister I>ee Kuan Yew said in an interview with the BBC radio yesterday. Asked
    205 words
  • Article
    Lock icon Takeshita cited in another graft scandal
    285 22 AFP TOKYO Former prime minister Noboru Takeshita, already implicated in a mobsterlinked political scandal, was cited yesterday in a fresh corruption case involving a multi-million-dollar art woric. The Tokyo Shimhun newspaper said that the latest scandal would be aired in parliament which opens today
    AFP  -  285 words
  • Article
    Lock icon Chiang's son for KMT post?
    155 22 AFP TAIPEI Ruling Kuomintang (KMT) heavyweights have recommended the son of late president Chiang Ching-kuo to be KMT secretary-general to ease a power struggle in the party's leadership, a newspaper reported yesterday. Vice-Foreign Minister Chang Hsiao-yen. also known as John Chang, is likely to get
    AFP  -  155 words
  • Page 22 Advertisements
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      170 22 PE TNVE^STME^NT GE I Tomorrow in Business Times 0± BWTr Jff If AW 4fry m I V!K H jl I I Available r*clusi\d> SCSCAfORI: Burberry* Mau Shop 453 Orchard Road. *02-42/43/44. V\»ma Ktna. Singapore 0923 Tel *****15 Bvfeerrn SkopMSbop D.AIMARL DFS Orchard HALLE YS ISETAN Kairtork ISETAN Orchard NAN HEX
      170 words
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  • Shipping Times
    • Article, Illustration
      Singapore Marine Department investigates tanker collision
      476 23  -  Tanker disaster off Sumatra By Ramesh Divyanathan SINGAPORE The Singapore Marine Department has launched a major probe into the collision of two Singaporeregistered tankers off the northern tip of the Indonesian island, Sumatra. Director Teh Kong Leong said at a press conference yesterday afternoon
      476 words
    • Article
      2 S'pore-registered ships join list of mishaps
      374 23  -  By Rahita Elias SINGAPORE Two Singa-pore-registered ships, the Maersk Navigator and the Sanko Honour, yesterday joined a long list of tankers involved in marine accidents over the last few months. Such vessels, which transport thousands of tonnes of oil, have been hogging the
      374 words
    • Article
      Lock icon Survivors recount sinking of refugee-laden freighter
      457 23 AP PORT-AU-PRINCE, Haiti The eight survivors from a ref-ugee-laden freighter that sank at sea returned home with harrowing tales of how they lived and 384 others drowned. "We suffered a lot," Rezilia Alcenor, 29, said on Wednesday, her eyes tearing at the Port-au-Prince airport.
      AP  -  457 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1141 23 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrcnkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 ASCL 5 5 ASXCLShpg 15 2 Austoricnt Shpg 15 2 Avant Shpg 6 4/5 Avia Airways
      1,141 words
    • Article
      Lock icon Carnival plans cruise for Spanish speaking tourists
      215 23 Reuter MIAMI Carnival Cruise plans to take advantage of the growing economic clout of Latin American tourists by launching a cruise line for Spanish speaking passengers, the company said on Wednesday. "This market is ready to explode," said Bob Dickinson, senior vice-president of
      Reuter  -  215 words
    • Article
      Lock icon Salvors drain oil from Kihnu
      196 23 AP TALLINN, Estonia Salvage crews pumped out the last crude oil on Wednesday from an Estonian tanker grounded on rocks in the Gulf of Finland, Estonian television reported. After several days of rough weather, winds and seas were calm on Wednesday off the Estonian capital
      AP  -  196 words
    • Article
      Lock icon British official calls for stricter ship inspection
      383 23 AP LONDON A British official, alarmed by a huge oil tanker spill in the Shetland Islands, on Wednesday warned that he does not want "substandard ships coming to or anywhere near the United Kingdom". Transport Secretary John MacGregor, in a speech at the
      AP  -  383 words
    • Article
      Lock icon Who is to blame when accidents happen?
      377 23 Seatrade Week NEW JERSEY It is surely right that the tanker industry should come under scrutiny when disasters like Aegean Sea and Braer bring home the risks of transporting hazardous cargoes. Hard questions should be asked, and answered. But, who should be doing
      Seatrade Week  -  377 words
    • Article
      DAILY FREIGHTS
      618 24 Report for the Baltic Freight Index is not available. FIXTURES Tanker The large tanker market for crude oil out of the Mideast Gulf saw active chartering interest for late Jan/early Feb, but freight rates for VLCCs have so far been unable to break above worldscale 55, brokers reported.
      618 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      566 24 Carton Carton Jan 14 Density Water Residue Ash Alumrium Sediment Density Water Residue Ash Akanriun Sediment M/M 1 M/M Exxon Exxon KG/M*3 V/V M/M M/M PPM method KG/M*3 V/V M/M M/M PPM method BO/Cimac limits Spec E25 991 1.0 15.0 0.10 30* 0.10* Eastern USA 180
      566 words
    • Article, Illustration
      Lock icon Who's who in containers
      1000 24  -  The world's container port traffic in 1992 is likely to have passed the 100 million TEU mark, reports Mark Lambert Mark Lambert Containerisation International PREDICTABLY enough, the Far East region in 1991 contributed the major part of the 9.8 per cent overall growth in container port
      Containerisation International  -  1,000 words
    • Article
      TRANSPORT DIARY
      273 24 COURSES 1993 Shipping courses organised by Singapore National Shipping Association. Feb 3 Apr 7 (10 evenings): Effective Written Communication in Shipping Management (SDF 50%). Feb 11 May 20 13 evenings): Principles of Shipping Documentations Practices (SDF 70%). Feb 26: 1-day Familiarisation Course on Singapore Bunkering Procedure (SDF case
      273 words
    • Article
      THE SHIPPING GUIDE
      12543 32 This is a list of ships loading at Singapore tor ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates ol arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      12,543 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        346 39 Vessel Voy No Berth Arnvi Departite Vessel Voy No Berth Arrival Departive iurong Port Elona 21/01* P01A 21.01/1100 21.01/1900 ASL 21/B ONE J2 alongsde 22.12/0600 Pehcin SH092* P01A 2101/1900 21.01/2359 Hye Meko 10/93 J12 alongside 22.12/1300 Perita Intan 3/93 P03 2101/1300 21.01/2300 Niaga 54 01/93 J5 alongside
        346 words
      • Article
        CONTAINER SCHEDULES
        1493 39 DELIVERY OF FCl IMPORT CONTAINERS IN PROGRESS Sly Voy Wo Contaim atafabte Ship Voy Wo Contaim ivafable E Growth RE-039 COO(EST) 21.0193 0700 Tambang Vtl 7-122 20.01 93 0740 Ms Asia Oeci 9304 COO(EST) 20.01 93 2300 B Seroia 2009 20.01.93 0910 Smart River 6E COD(EST) 21.0193 1500
        1,493 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Lufthansa to start 3rd weekly freight service to SE-Asia
        450 42  -  By Juliette Walker SINGAPORE Lufthansa German Airlines is mapping out possible routes to begin a third Boeing-747 weekly freighter service to South-east Asia by April. Juergen Eckstein, Lufthansa's regional director of cargo for South-east Asia and Australia, said the carrier was
        450 words
      • Article
        Lock icon AMR posts US$200m last quarter loss
        443 42 NYT NEW YORK AMR Corp, parent of American Airlines, reported on Wednesday a fourth-quarter loss of US$2OO million (*****.1 million) and warned that it might have to shut some of its unprofitable hubs and cut its fleet to curb losses. The quarterly deficit, larger
        NYT  -  443 words
      • Article
        Lock icon Hint of better times ahead for US airlines
        526 42 NYT NEW YORK In December, the airline industry seemed to have turned the corner from a period of low traffic, unstable pricing and rising fuel prices. A series of fare increases raised prices by about 10 to 15 per cent, and there
        NYT  -  526 words
      • Article
        Lock icon Resumed Cathay strike talks break down
        378 42 Cathav Pacific strike Reuter HONGKONG Talks between Hongkong-based Cathay Pacific and its striking cabin crew resumed briefly then broke down again yesterday as the airline patched schedules together with chartered planes and seats bought from rival carriers. Angry officials of the Right Attendants Union
        Reuter  -  378 words
      • Article
        Lock icon US sports firm buys bankrupt bicycle maker
        195 42 Reuter CHICAGO Schwinn Bicycle Co, the US' first name in bicycles that toppled into bankruptcy, was officially bought on Wednesday by Scott Sports Group, a maker of sports equipment. Scott Sports, a unit of the Zell-Chilmark Fund LP, paid U5540.75 million (5567.5 million)
        Reuter  -  195 words
      • LOG BOOK
        • Article
          Lock icon Airbus to discuss Boeing tie-up today
          114 42 Reuter PARIS The supervisory board of European consortium Airbus Industrie will meet today to decide whether to join US rival Boeing in making a feasibility study a 600-to-800 seat airliner, an industry source said. The source, who declined to be identified, was commenting on
          Reuter  -  114 words
        • Article
          Lock icon Jamaica flights halted by strike
          103 42 AFP KINGSTON International flights to and from Jamaica were sharply curtailed on Wednesday as a result of a strike by air traffic controllers. The island's main international airport, Sangsters, in the resort city of Montego Bay, was closed due to lack of personnel in the
          AFP  -  103 words
        • Article, Illustration
          Lock icon Bus of burden
          36 42 Reuter SHAH PUR, India A public transport bus carrying more than 150 passengers in the town of Shahpur in Rajasthan state on Tuesday. The capacity of the bus is for 56 people. Reuter
          Reuter  -  36 words
        • Article
          Lock icon ILFC leases out US$705m of jets
          68 42 UPI LOS ANGELES International Lease Finance Corp said on Wednesday that it has placed 30 jet aircraft worth US$7O5 million (SSI.2 billion) to nine airlines, including three new customers China Southwest, Lacsa and British Air Ferries. ILFC, a unit of American International group, mostly
          UPI  -  68 words
        • Article
          Lock icon Toyota to open LA parts warehouse
          127 42 UPI TORRANCE, California Toyota Motor Sales USA Inc said on Tuesday that it plans to open a new U5567.5 million parts warehouse in southern California that will employ about 400 people. Toyota said the new facility, located in the Los Angeles suburb of Ontario,
          UPI  -  127 words
        • Article
          Lock icon E-Systems unit wins US air force deal
          68 42 UPI DALLAS E-Systems Inc said on Wednesday that the US air force awarded its subsidiary, Serv-Air Inc, a US$35 million contract to perform maintenance and repair of a variety of aircraft and other equipment on an as-required basis. The contract contains provisions for
          UPI  -  68 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1714 42 at, Flgbt ETA Fl*t cm I i GA860 0025 GA970 0100 AdciaMt QF8I 1935 QF82 2050 SQ227 2230 Amsterdam KL837 1545 GA890 0100 SQ323 1815 SQ320 1100 KL838 2350 Athens SQ348 2300 flTtll—ll NZ35 1425 BA11 1340 SQ288 2045 SQ285 2115 BA12 2200 NZ36 2235 GF149
        1,714 words
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      7 23 REGIONAL ANALYSIS Every Wednesday in Business Times
      7 words
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      Page 23 Advertisements Column 2
      29 23 Linos and sflrvtcts rsprßtanttd by I Mombors of Mm R*«Utry of Accrodftod hJEXtiA SMMino Aoonts. Slnoaoort Nattonal SMdplug Assoc St ton For advertising enquiries contact Shipping Timet Tel 740-2089/740-2090.
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      Page 23 Advertisements Column 3
      15 23 j Who's who in containers, Page 2 Lufthansa to start new freight service, Back Page
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      Page 23 Advertisements Column 4
      81 23 THE FAMOUS >° n 'o ■iMiIIJIJ 224 1833 For more information pleawe refer to Pg. 13 1 iTVISA FREIGHT SERVICES PTE LTD Established Since 1984 We Sail The World For You THE TOTAL TRANSPORTATION PEOPLE DIRECT BOOKING SERVICES CO-LOADING SERVICES VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD
      81 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      2366 25 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 XkMMMf BOOKINGS TEL *****34 *****58/ *****40 1Tli" CFS (PSA F5) TEL: *****21/ *****79 ITBftftMTI PESAKA JARDINE SHIPPING AGENCIES SON. BHD. 1 VWOf J PORT KELANG TEL: *****18 FAX: *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated
      2,366 words
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      Page 25 Advertisements Column 2
      1600 25 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 IS UASC/jl Runted arab shipping co.iSACillm W To USEastCoesl i/w r i 11 1 ■i i a Mil Ml 2Vtl 1/U VH 1/43 LU SMTA MOSA MM 2/t2 VU 11/ M 12/U M/U M BWW MM U/tt M/U 21/U 27/W »/U M
      1,600 words
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      Page 25 Advertisements Column 3
      16 25 ii /\i vii Vz' y I N >zK" i OSS MM S3 4 MAERSK l^ N
      16 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1193 26 WISHING ALL f] CLIENTS, BUSINESS j ASSOCIATES FRIErtDS A _f ate.'jßife happy I PROSPEROUS f ffW JJJTCAR NEW YEAR I •g" \rC- I ■BCTBPWgBB.IIII.UJI.imnj mm mm/.//yes nii'iviiiriiMiifflMHiiiw SERVICE: FAR EAST PANAMA/NORTH AMERICA (INCLUDING HOU*) |Vtu«l [*5 TKelanf fena* HKG [U/LB |Cristobal| Kami |S»mh [Mmn |N Tark |Nort<* |lt Ortt»m |l*oMi
      1,193 words
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      Page 26 Advertisements Column 2
      525 26 FCL Break bulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for ail services C.1.5.-Vottochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea a Vietnam a Mongolia a Hungary CSFR a Poland ocT^rrans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel CTA tM VILLE DE VENUS 26/01
      525 words
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      Page 26 Advertisements Column 3
      1446 26 urnr REGULAR INDEPENDENT FULL CONTAINER SERVICE IVBL/VOY SIN ALGBCL* HAM BRE LMA I NOR ASI A ALMANSOORAH 9247-3 26/01 17/02 19/02 21/02 22/02 23/02 24/02 25/02 26/02 I NORASIA PRMCESS 9248 3 02/02 23/02 24/02 28/02 01/03 02/03 03/03 04/03 05/03 NORASIA SUN 9249-3 09/02 02/03 04/03 07/03 08/03 09/03
      1,446 words
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  • Page 27 Advertisements
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      2044 27 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 l!l^iillHltliTil fllilßtiliMif-1 lil l ll'Hß cargo due SAHS I CONTAMM •Wd TO CAMOOU STRAITS VENTURE VO2l thiara. lab 22 Jot 22 tan 23 lan UUMt BROOKE VOX Mum a lab 27 29
      2,044 words
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      Page 27 Advertisements Column 2
      1552 27 SINGAPORE AGENT: Ma?l 1 f Aflfo 1 tlAf*C P&O Containers (Singapore Agencies) Pte Ltd A VjUllldlllVl 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS, SINGAPORE 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 x CR Number: **********0Z OJHJ0 JHJ LHT-,^ VN W ANSV.S ASV.-.V. W. LhJ
      1,552 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      746 28 NATIONAL LINE iyjOEUROPE^^ HI WW WIM. MM HBH6 I wool MffWpT" KUT*I ZM I 23-27/2 I 23/3 2t/3 2/4 7/4 TO AUSTRALS m east' coast' ports* TOY PKL STOtt STP [MtLB lews |fg ACEI MOO 6QWO/***** 23/1 22/1 6/2 9/2 30/1 WO MM/***** 1/2 3/2 17/2 2(1/2 14/2 wo m<m»/*****
      746 words
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      Page 28 Advertisements Column 2
      1273 28 HANJIN SHIPPING FOR VSI SM Lft HAUL SEA »CR FDR VSI SM ILME HAUL SAV 1M NYC FISHGUARD BAY 302N 2b 1 H TONGHAE 098E 11/2 19/2 FISHGUARD MY 302N 25 1 M PUNTY 02tf 4/3 5/3 7/3 HANJIN C*AJ 091E 1/2 H. KWYOKK 047E 25/2 26/2 HMUM OCJU 091E
      1,273 words
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      Page 28 Advertisements Column 3
      1286 28 AH d -Irl I mMP KSG WG KLG PUS HAT OSK NGY SIU tTO I*l CHS BAL ffifC [M Hi mW IK PSD Clt PU I 8^2£2?52i J i2M i' 2 in 5/2 1/2 9,2 11/2 12/2 13/2 15/2 26/2 10/3 12/3 13/3 23/3 24/3 25/3 26 3 27/3 6/4
      1,286 words
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  • Page 29 Advertisements
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      1251 29 Iyjt II WISHING ALL OUR VALUED CLIENTS II I|AMD CUSTOMERS A HAPPY AND PROSPEROUS NEW YEARII I SINGAPORE CALIFORNIA EXPRESS (SCX) topnw. Usa inland points I I 1/ FEEDER VSL VOY SUP MOTHER VSI. VOY SET PLD MIN/ VESSEI. VOY SGP LOS OAK VAN CHI DALJHOU MPH ATL NYK I
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      1148 29 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****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 EASTBOJC OtSCHAEOHG WtSTBOUPC-KWDWG TtAHSHWED
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      1323 30 —I AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (C* **********0 M) W B TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 HW* I Bl A MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 IHHM KAWASAKI KISEN KAISHA, LTD Indonesia: p.t. sarana laut
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      1142 30 PHI LI-ORIENT LINfS PTC LTD 10® Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... A WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION IAA/STTIAIJA/MfW ZEALAHO/SOC/TH PACIFIC PCULCLtmKX I 28 JAN SYDNEY, MELBOURNE. BRISBANE,
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      543 31 sssaaassaaasaasaassassi Q B S I I JBBPiL 1 PACIFIC INTERNATIONAL UNES (PTE) LTD B s s B 1 I 1 I *11 j 1 a a s a a s a a a 1 WISHING ALL OUR I 1 CUSTOMERS a ASSOCIATES a S£ a A a 1 HAPPY PROSPEROUS
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      Page 31 Advertisements Column 2
      1048 31 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY c |P GUOANG l PENANG PKELANGI OCEAN VSL/VOY SIN SOU(1) RTM (2) HAM (3) GOT E 22/1 22/1 23/1 AfIOSIA 3022 26/1 12/2 14/2 15/2 17/2 g 2971 2971 3071 NIHON 3032 2/2 19/2 21/2 2272 24/2 Q 5/2 572 6/2 BENARTY 3042
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      886 31 °BSA° TRANSPORTATION W MYANMA rnmm. FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gdf HPA-AN VlBs* In Pt SM MYOMAYWA VI46W 03/05 frt PAGAN VI92W 04/05 Feb MALAYSIA AGENTS BOUSTEAO SHTTNG AGENCIS Ml: TEL 03-*****00 NIL: TEL OJ-3M«7«7 PEN: TEI 04 *****b PGD: TEL 07-*****1/4
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      2496 34 Full Container Liner Services Malaysia's Afents: Indonesia's Ajents: General Agents: Booking Agents: Guan Gum Shipping Sdn BM Chug CHso Skipping Sdn BM P.T. >W Pwtn IMUm Costar Shipping Pte Ltd Stmmt fre«M Sookmt Centre S* BM 58 Persiaran Raja Muda Musa Lot 3.34,3 rd Floor. 2 Mistri Road 47 Hill
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      562 35 (fc FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 y HOT LINE; *****33 (24 LINES) HAPPY NEW YEAR US WISHING YOU A VERY HAPPY AND PROSPEROUS NEW YEAR V PORT KLANG PH: 03/*****02 (10 LINES) 11 PENANG: 04/*****7 (10 LINES) SUPER EXPRESS SERVICE TO SEA INTERASIA LINES
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      581 35 g RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) I® ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA LOADING FOR SPORE NETSANET 28WB 31/01 DARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA ABVOT 30WB 11/03 DARESSALAAM MOMBASA
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      249 35 mcv> i E REGIONAL CONTAINER LINES I (g w \f wishes all our Clients, Associates |j families a very Happy ej Prosperous e\ Ed Lunar New Year. bj la Z][nin] BIJQIniniBHI *****13 819 [nIQIaIHIBIHIS TEL: *****11 (6 toes) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSEL VOY ETA EID
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      343 35 MHH BAY OF BENGAL SERVICES Intssa WT m MM SR THI STM MM SaM 21-29/1 1344/1 TKI SKID 240N 25-20/1 3141/2 0047/2 rca mom si* 27-21/1 1344/1 10-11/1 ■B ORP6E ***** >142/2 0749/2 14-15/2 mm MLS 954C18 24-25/1 3144/2 10-U/2 mom 434 24-25/1 3144/2 11-11/2 mi ma kick 1142/2 00-12/2
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      1447 36 IHHUmac-nels groupage I I"* l\~/\ JPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 w v P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 27/1 28/1 29/1 Honj Kong Ldn/Flx/Rdm/Ant/LHV 21/1 29/1 30/1 31/1 1/2 2/2 Honj Kong Gburg/Chagen/S'hofcn/Osio
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      236 36 w BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM Ml in SH PREMER 22S 3/2 15/2 17/2 4/3 AUST STAR 85S 18/2 2/3 4/3 18/3 FGUARD BAY IS 28/2 12/3 14/3 28/3 •WITH OPPORTUNITY TO CALL TOWNSWUE ON <* ABOUT 27/1 FULLY CONTAINERISED SAILINGS DISCHARGING
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      988 36 f THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA 6ULDMG SWGAPORE 0106 TEL: *****8* FAX NO: *****11, *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I ebHVfeWfWMUWNTAWR I SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL Ivor IS'POiE [PEST KSSEL n± SfOtE IP. KEUUIfi EQUATOR
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      832 37 ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTHG BREAKBULK/SOC CARGOES TO FROM KOBE. YOKOHAMA, NAGOYA, MOD. TOKYO*. MM*.**. DAVAO*. h«|' P. HMn( Sai|«n EDM* AAMAIEWXTT *1« M l/ 21 la rm«KTI IX 24, 25 la (MAMKHIT Vltt K/M Frt SMWtKWKn Vl« frt 27/2* Frt ACCEPTH6 WEAXBU.K FCI SOC CARGOES TO/FROM CWTTAGONG,
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      280 37 Pi GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES' CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VI 29/1 4/2 7/2 17/2 GLORY SELATAN VIII 22/1 26/1 30/1 10/2 SP PKL HCM HK KAO GLORY SELATAN VII 5/1 10/1
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      598 37 PGSL -WORLDWIDE PANAMA -GLOBE STEAMERS LINES REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER NO 2 Connecting Feeder to Shantao LIAN BO NO 9 WE HV LEASING CONTRS FOR RENTAL SAILING TO PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO SOUTHERN
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      405 37 |Liu«ailM»J FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN ALSO CALLING PT. ELIZABETH/JOHANNESBURG TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN ALSO ACCEPTING CONTAINERS TO TUTICORIN/ BANGALORE/COCHIN AND NEW DELHI WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDTTERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST
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      460 37 SIN FAR EAST 2/2 KEELUNG/KAOHSIUNG 30/1 BANGKOK 25/1 MANILA/CEBU 30/1 JAKARTA/BELAWAN/SURABAYA 1/2 PORT KELANG/PENANG/E. MALAYSIA 25/1 BUSAN 31/1 TOKYO/YOKO/KOBE/NGO/OSA 1/2 HONG KONG S|N CHJNA 1/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S!N EUROPE/UK 30/1 LDN/FLX/LVP/SOU 30/1 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. Si USA/CANADA 31/1 LOS ANGELES/NEW
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      658 38 HONG KON6/CHINA 22/1 JAKARTA 24/1 BAN6KOK 22/1 MANILA 25/1 BUSAN 25/1 KEELUN6 26/1 TOKYO/KOBE 22/1 KAOSHIUN6 23/1 PORT KELAN6/PENAN6 25/1 YOKOHAMA 24/1 COLOMBO 26/1 FELIXSTOWE/HAMBURG 23/1 CHITTAGONG/MAORAS 25/1 ROTTERDAM/LE HARVE 23/1 BOMBAY/KARACHI 22/1 ANTWERP 23/1 CALCUTTA 27/1 LAX/NYC 24/1 SYDNEY/MELBOURNE 28/1 j —T7- CMT LINER EXPRESS AGENCIES PTE LTD «*lH|
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      506 38 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 2ND FEBRUARY ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 31 JAN JAKARTA 31 JAN PENANG 28 JAN PORT KELANG 28 JAN MELBOURNE 28 JAN SYDNEY 28 JAN FREMANTLE 26 JAN BRISBANE 30 JAN HAMBURG 30 JAN FELIXSTOWE 30 JAN GOTHENBURG 30
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      586 38 Next Week's Sailings Singapore I To: ETD To: ETD "^Sia^wa^ded Singapore Singapore 'so 9002 by lrqa EVERY EVERY Bangkok SUN Hamburg SAT EVERY EVERY Manila FRI Ho Chi Minh FRI iSlßj*)' jl EVERY EVERY Colombo MON Los Angeles SUN M l| MTERNATKMAL SEA FREIGHT FORNAROWG Tel: Fax: W® LOGISTICS SERVICES
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      1337 39 NEDLLOYD ROUEN VOY 3203 ETA 21/2/93 DIRECT CALL TO NEW PLYMOUTH (NZ). NedlloydUnes FEEDER VESSEL FKG PEN OCEWt VESSEL SH LEH «M<l) HMM2) Rl fU SOU 601 WOT MM, Z" T, S„ ?T ST 3,?' ST*" !?T Iff"® ST" m? US"""' ST" a/1 20/1 CGM nnt»/2»2 28/1 13/2 U/2 16/2
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      667 40 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 28/1 Rotterdam/Antwerp CHHA CONVENTIONAL SERVICE VESSEL PKL PNG P G. LOADING FOR: A VESSEL 15/02 20/02 Huangpu/Guangzhou COSCO FULL CONTAWER SERVICES (FCL/FCU EXPORT TO: CHM A/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Ptaaao refer
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      181 40 A fiSßßfc EES FREIGHT SERVICES PTE LTD #01-60 Wallich Building, Wallich Street, Singapore 0207 Tel: *****66 (10 Lines) Fax: *****69/*****44 I"HANJIN JAKARTA" V.132| I "NANTA BHUM" V.125N 11 "SEVENSEAS BRIDGE" I ETD SIN: 28/1/93 11 ETD SIN: 23/1/93 II ETD SIN: 29/1/93 I ETA DEST: 9/2/93 II ETA DEST: 26/1/93
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      Page 40 Advertisements Column 3
      423 40 CROSS WATER] UK) OmO 291 3RANGOON ROM) #OMI SQUWGOOR BUUMC S(IC1) RMEHOU9 (CFS): U 37 #04-25/26 Tt MEM FKKHT SIMON IE: *****85 |V 2 p?fT?Tcr?ST!^^^——MmTT" I PT KELANG/PENANG 1/2 1 TOKYO/YOKOHAMA 1/2 M 11J JTZg?HT——■"TTF" I BUSAN 1/2 prgsirarcng— I "SA 130/1 pEIZSQsISIH^^HHH^ZI. I SYP/MELB 128/1 ■333SB!i333HHHHH|MZ^ I NEW ZEALAND
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      492 40 Antwerp 30/1 Fremantle 31/1 Bangkok 30/1 Bremen 30/1 Sydney 28/1 Busan 25/1 Hamburg 30/1 Melbourne 28/1 Hon g Kon g 2 5/1 LeHarve 30/1 Pjf|TpW!B!f!Bß Kaohsiung 30/1 Felixstowe 25/1 Keelung 26/1 Rotterdam 30/1 [Bombay 25/1 Jakarta 24/1 Calcutta 28/1 Manila 25T\ Chittagong 24/1 Lax Nvc 24/1 Karachi 25/1 •We travel
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      Page 40 Advertisements Column 5
      194 40 6 BANGLADESH SITING CORPORATION •ixx at east un anu* jo am l—tf tai tartan tau> 'otoiuau Mt ■W SOI I* li C IS-K/V 17 M/K ILSO OkUK NOHBUK. INM 4 OHO Mm WIS 9MCI 10 ran nso ctiK it nu uku a* »n INDONESIA BANGLADESH SERVICE Loading tor Chrttagoog A
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      628 41 I A HYUNDAI I MERCHANT MARINE CO. LTD. HMM UPGRADES WEST MALAYSIA SERVICE COMMENCING 16TH JAN 1993 m.v. HMM ADVANCE WILL SAIL FROM SINGAPORE ON FIXED-DAY OF THE WEEK ROTATION AT PENANG, P. KELANG AND P.GUDANG KUALA LUMPUR 03-*****00 03-******2 MA ***** PAS* GUDAMG 07 *****1 07-*****S MA ***** I
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      478 41 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS wnu w v pi uc u nu am 21 a pt 27/1 ASM TIABU 24 If/1 31/1 «J UIBB 71 M l Nua mni 112 n/i mk/i u sm 11 t/2 t/2 m 11/2 CBSMC MALUKU 23 11/2 OUTBOUND
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      Page 41 Advertisements Column 3
      645 41 EXPORT JEDDAH/UK/CONTNENT IITW |B STOR KMC ITMM L£H •Mm Act** C«(t hr UTSWAO 11/112 21/1 2/2 11/2 11/2 IV2 17/2 'nOinlii :to *M totouta. Brtrt mt CM* HMMBS owns 12/111 21/1 11/2 11/2 14/2 Mtrtai :to M tatv«p. Mstortan. Oto, Hto HMBW txmss 12/343 14/1 1/2 17/2 21/2 22/2 24/2
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      9 42 VE T T Tomorrow Bus Ti in ness mes
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      48 42 I& lUsIVESTMEN T I Tomorrow in Business Times Hie best Business Class to Europe? Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles ahead of its competitors. Call your travel agent or 733 3377 for more details. We know the world from start to Finnish.
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