The Business Times, 25 February 1994

Microfilm: NL19044
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Friday February 25 1994 75*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones down 40.89 points
      46 1 Reuter NEW YORK Wall Street stocks were sharply lower at midday yesterday. Analysts said the market was under pressure from a decline in the bond market. At Ipm EST. the Dow Jones industrial average was down 40.89 points, at 3.850.79. Reuter
      Reuter  -  46 words
    • Article
      Lock icon UK insurer resumes cover for Viet exports
      59 1 Reuter LONDON Britain's official export credit insurer last night said it had resumed cover for exports to Vietnam after a 12year gap. The Export Credits Guarantee Department said it had decided to resume cover following debt agreements Vietnam reached last year with the
      Reuter  -  59 words
  • Article
    MARKET SUMMARY
    161 1 Stock market indices Thursday Change STII 2.385.24 -38.67 KLSEComp 1.146.41 +5.36 Nikkei 19.765.48 +423.65 Hang Seng 10.432.02 -331.21 SET Index 1.419.54 -11.11 Jakarta Comp 552.52 +0.64 CLSA China B 1.244.64 +11.05 Aust All Ord 2.197.0 -21.9 FTSE 100 3.267.5 -74.4 Thursday Previous 1pm close Dow Jones 3.850.79 3.891.68
    161 words
  • Article
    Lock icon Soros lost US$600m on Valentine's Day
    171 1 AFP LONDON International financier George Soros lost US$6OO million (SS94B million) on St Valentine's Day when the yen jumped against the dollar. The Times newspaper reported yesterday. Mr Soros christened "the man who broke the Bank of England" because of his role in forcing
    AFP  -  171 words
  • Article, Illustration
    S'pore to guarantee terms of Suzhou, Shandong projects
    487 1  -  By Schutz Lee SINGAPORE The Singapore government has assured foreign companies wishing to invest in the Singapore-styled Suzhou township that the rules which have been agreed upon with the Chinese will not change. "We can guarantee that the agreement we have reached
    487 words
  • Article
    Patten to gazette Bill on political reform today
    539 1  -  From Catherine Ong in HONGKONG GOVERNOR Chris Patten will gazette a Bill today containing the more controversial parts of his political reform plan for Hongkong. 16 months after he first unveiled them. The move followed the release by Britain of a 36-page
    539 words
  • Article
    Lock icon US durable goods orders up sharply
    129 1 AP WASHINGTON Orders to US factories for durable goods jumped a surprising 3.7 per cent last month, marking the first time since 1987 that the indicator of manufacturing growth has climbed for six straight months. The increase, the largest since last June's 4.3 per
    AP  -  129 words
  • Article, Illustration
    Former Kim Eng director fined for multiple share applications
    315 1  -  By Conrad Raj SINGAPORE Former Kim Eng Holdings director Ang Lay Leong was yesterday fined $20,000 after pleading guilty to two charges of cheating Wing Tai Holdings by making multiple share applications during the latter's initial public offering. Eight other charges
    315 words
  • Article
    Lock icon Bell Atlantic and TCI call off US$33b merger
    564 1 Los Angeles Times, Bloomberg Business News LOS ANGELES In a stunning announcement. Bell Atlantic Corp and cable TV giant Tele-Communications Inc yesterday called off their US$33 billion (Sss2 billion) merger agreement, scrapping an alliance they promised would "make the information superhighway a
    Los Angeles Times,; Bloomberg Business News  -  564 words
  • Article
    KL bucks profit-taking that sweeps regional stock markets
    271 1  -  By R Sivanithy SINGAPORE Only the Malaysian market withstood a wave of profit-taking that swept the region's major stock exchanges yesterday. Analysts said the weaker ringgit attracted foreign investors to Malaysian shares, especially now that the central bank has slammed the door
    271 words
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      179 1 CONTENTS Regional News 3,4.6 Financial 23.2* World News 10.11 Fuimt Marliets Analysis 17 CJob/KlSf. SES »30 Editorial 16 Regional 26 Sports 15 World 21 TV/Litestyle 13 Currencies 24 Advertising 14 Simex/Commo 24.25 SutacriytiM Tel 1800 *****77 Fa *****75 rr Edit Mill Tel *****18 Fai *****71 Sumptuous Delight** AT 1 /a
      179 words
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      8 1 Advertising: Pg n Myth of the \born' salesman
      8 words
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      22 1 Hock Lock Siew: Pg 19 Vr\ Ultrajaya must pursue aggressive gwmh Singapore mission in Tianjin to seek out investment opportunities. Page 18
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      28 1 The Bottom Line: Pg is Thyland divide in Hongkong ,y- AT A. TESTONI BOUTIQUES *01-10 Mandarin Hold Shopping Arcade Tel: *****38 #01-11 Raffles Hotel Shopping Arcade TUt *****03
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      30 1 Sjjfi-TVCH GROUP TRANSPORTATION WAREHOUSING SPECIAUST SINCE 1955 YOUR PARTNER IN TOTAL LOGISTICS CALL: 862-2828 (20 LINES)~~~~~ FAX: 861-6366 Irreconcilable differences the cause of breakup. Page 22 Full reports. Pages 26-50
      30 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Fast food finds famished clientele
        342 2  -  By Corinne Kerk RESTAURANTS, fast food outlets and other eating places enjoyed an average 5 per cent increase in sales last year. A breakdown of the catering trade index shows that, in volume terms, fast food outlets enjoyed the highest gains of 11.3 per cent.
        Source: Dept of Statistics  -  342 words
    • NEWS ROUNDUP
      • Article
        Personal tax rebates for YA1994
        162 2 THE 5% individual income tax rebate for Year of Assessment 1994, as announced by Finance Minister Richard Hu in the Budget on Wednesday, will be deducted against the tax payable before a $700 rebate, the Inland Revenue Authority of Singapore said yesterday. The $700 personal
        162 words
      • Article
        Six groups vie for Ponggol boatel site
        110 2 SIX companies and businessmen have bid for the Ponggol site for boatel development, the Urban Redevelopment Authority announced yesterday after the close of tender at noon. The sale site comprises 1.8 ha of foreshore/seabed and 3.2 ha of land area for development of
        110 words
    • Article
      4 more HDB plots for private housing
      498 2  -  By Sylvia Wong THE HOUSING and Development Board is selling four more pieces of land capable of supporting more than 1,000 residential units for private development. The four sites one parcel each in Geylang and Bukit Panjang, and two lots in Jurong West
      498 words
    • Article
      Chartered Semicon signs up 4 partners for US$600m plant
      343 2  -  By Joseph Rajendran GOVERNMENT-linked Chartered Semiconductor Manufacturing, which today breaks ground on a US$66O million (551.05 billion) plant at Woodlands, said yesterday it had signed up four jointventure partners. It also said it would spend US$lOO million expanding its existing plant,
      343 words
    • Article
      Asia likely to lead growth in air travel industry, says Airbus
      300 2  -  Asian Aerospace '94 By Juliette Walker ASIA'S air travel market will continue to outpace world growth, driven by the region's thriving economies, the European aircraft consortium, Airbus Industrie, predicted here yesterday. Didier Lenormand, air transport development manager for Airbus,
      300 words
    • Article
      Editor would not have published flash estimate if he had thought it an OSA breach
      728 2  -  The OSA trial By Ramesh Divyanathan BUSINESS Times editor Patrick Daniel told a Subordinate Court yesterday that he did not think publishing an article containing "official flash estimates" would be a breach of the Official
      728 words
    • Article, Illustration
      On a wing and a prayer?
      60 2 DBS president Patrick Yeoh (left) and NUS vice-chancellor Professor Lim Pin took time off on Wednesday to join the crowd at Asian Aerospace *94. Like the hundreds who were there, the banker and the academician were entranced by the RSAF Black Knights, who open
      60 words
    • Article
      URA to auction shophouses in Chinatown and Little India
      142 2 THE Urban Redevelopment Authority will auction 12 parcels of unrestored shophouses in the Chinatown and Little India areas on April 6. The URA said yesterday that successful bidders would have to pay a 3 per cent Goods and Services Tax on
      142 words
    • Article
      State-of-the-art hangar for Singapore Aerospace
      393 2  -  By Dexter Lee SINGAPORE Aerospace will open a state-of-the-art hangar at Changi today aimed at capturing a bigger share of the commercial aircraft maintenance business in the Asia-Pa-cific. The $70 million two-bay facility will be opened officially by Minister of State for Finance and Communications
      393 words
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      372 2 6 rmtt MANAGEMENT OiyuUsatkms UNIVERSITY w The Singapore Institute of Management (SIM) in conjunction with the Royal Melbourne Institute ot Technology (RMIT) invites applicants for the MBA in International Management. This regionally based programme is designed to assist managers in international business environment. The programme is sponsored by the Asian
      372 words
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  • SOUTH-EAST ASIA
    • Article
      East Asia's economic growth causing major shift in global defence spending
      443 3  -  Second Asia-Pacific Conference on Defence Reports by Yang Razali Kassim SINGAPORE East Asia's strong economic growth has led to a "massive shift" in defence spending to the regibn. Japan, Asean and the East Asian Dragons not including China spent
      443 words
    • Article
      China could trigger new era of Big Power rivalry in region: defence expert
      485 3 SINGAPORE China's assertive military posture, coupled with the modernisation of its armed forces and the country's strong economic growth, could mark a new era of great power rivalry in South-east Asia. This post-Cold War Big Power rivalry,
      485 words
    • ASIA NOTES
      • Article
        Lock icon Ramos to open up banking industry
        71 3 AFP MANILA President Fidel Ramos yesterday promised foreign investors that he would open up the protected banking and retail industries and solve the Philippines' traffic and electrical power problems. Mr Ramos admitted the country still suffered from a negative image abroad, but he stressed
        AFP  -  71 words
      • Article, Illustration
        Lock icon Activist jailed for insulting Suharto
        82 3 AFP JAKARTA A court here yesterday sentenced a human rights activist to four years' imprisonment for insulting President Suharto. Nuku Sulaeman. 29. executive chairman of the human rights group Yayasan Pijar. was found guilty of intentionally insulting the Indonesian head of state during a protest
        AFP  -  82 words
      • Article
        Lock icon M'sian tyre makers fear market collapse
        83 3 Reuter KUALA LUMPUR Malaysian manufacturers said yesterday that they fear the local tyre market could collapse following a government decision to cut duties on imported tyres. The Malaysian Automotive Tyres Manufacturing Industry Group said in a memorandum to the Ministry of International Trade and
        Reuter  -  83 words
      • Article
        Lock icon Japan's industrial output down 4.5pc
        81 3 AFP TOKYO Japan's industrial production and shipments in 1993 fell for the second straight year, the longest losing streak since the 1973 oil shock, a government report said yesterday. The 1993 index of mining and manufacturing output stood at 91.2, against the base of 100
        AFP  -  81 words
    • Article
      Lock icon Don't make an issue of political succession: Suharto
      395 3 The Straits Times JAKARTA President Suharto, whose recent remarks on his tenure as Indonesian leader fuelled speculation that he might be preparing to step down, said yesterday that no one should make an issue of the political succession question. He said the
      The Straits Times  -  395 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Guangdong attracted US$9.7b in '93
        90 4 Reuter BEIJING Guangdong province attracted U559.65 billion (5515.3 billion) in foreign investment in 1993, vice-governor Lu Ruihua was quoted by the Xinhua news agency as saying. Mr Lu said yesterday that, excluding the Daya Bay nuclear power station, Guangdong has attracted accumulative U5529.6 billion in
        Reuter  -  90 words
      • Article
        Lock icon Taipei forecasts 6.2pc growth
        107 4 Reuter TAIPEI Taiwan's economy slowed slightly in 1993 because of sluggish global growth but is expected to rebound this year on the back of stronger exports and more private investment, the government said yesterday. Gross National Product growth eased to 5.9 per cent last year from
        Reuter  -  107 words
      • Article
        Lock icon Fewer Beijingers going abroad
        92 4 AFP BEIJING Fewer young Beijingers are going abroad to seek their fortune as China's economic reforms open up attractive new opportunities at home, the China Business Times said yesterday. Some 2,800 individuals left the Chinese capital last year for studies abroad funded by themselves, down from
        AFP  -  92 words
      • Article
        Lock icon Pirates capitalise on Deng biography
        121 4 Reuter 'SHANGHAI When it comes to book pirating in China, not even paramount leader Deng Xiaoping is safe. Illegal publishers are making a killing out of rip-ofT editions of a biography written by his daughter Xiao Rong, according to the latest edition of the 'Shanghai
        Reuter  -  121 words
      • Article
        Lock icon Taiwan unemployment dips to 1.2pc
        84 4 Bloomberg Business News TAIPEI Taiwan's unemployment rate, one of the world's lowest, dipped to 1.2 per cent in January, down 0.04 per cent from December, the Cabinet said yesterday. The number of jobless persons fell 3,000 to 108,000, according to the Directorate General of Budget,
        Bloomberg Business News  -  84 words
      • Article
        Lock icon Drought hits northern China
        57 4 Reuter BEIJING Drought conditions in northern China threaten to ,cut the spring harvest of cotton and grain, although nationally a good harvest is still expected, the official China Daily said. Officials in Shanxi and Shaanxi provinces told the newspaper, crops have grown poorly and seedlings have
        Reuter  -  57 words
    • Article
      S'pore pumps US$250m into Asian fund
      469 4  -  Investment in infrastructure fund is single largest direct investment by GIC. Temasek Hldgs By Quak Hiang Whai SINGAPORE The Government, through Temasek Holdings and the Government of Singapore Investment Corporation (GIC), has pumped US$25O million (*****.5 million) into a fund set up to invest
      469 words
    • Article, Illustration
      Lock icon Wet, wet gateway to Chengdu
      61 4 Reuter CHENGDU, China Workers washing a Chinese-made van at the mandator) car-wash on the outskirts of Chengdu in Sichuan Province. All vehicles entering Chengdu must be cleaned to keep pollution down in the city. The service costs three yuan (about 50 cents) for a small
      Reuter  -  61 words
    • Article
      Lock icon Beijing's new rules tighten grip on computer networks
      398 4 Reuter BEIJING China issued yesterday a set of new rules on computer security, thrusting a government road block in the path of any Chinese hoping to jump on the international information superhighway. The rules put computer information networks under the supervision of
      Reuter  -  398 words
    • Article
      Call to Singaporeans to build hotels in top China tourist spot
      305 4  -  By Teh Hooi Ling SINGAPORE Leshan. a famous tourist spot in China's Sichuan province, needs about 10.000 new four- and five-star hotel rooms to cater to the six million tourists the city receives every year. And Singaporeans have been
      305 words
    • Article
      Lock icon Zhu allays Japanese fears of massive military build-up
      294 4 AFP, Reuter TOKYO Chinese VicePremier Zhu Rongji tried yesterday to dispel Japan's fears that its economic aid to Beijing could result in a massive military build-up in the neighbouring communist giant. Mr Zhu told Prime Minister Morihiro Hosokawa that the Chinese military
      AFP,; Reuter  -  294 words
    • Article
      Lock icon China to proceed cautiously with domestic stock market experiment
      278 4 Reuter BEIJING China will move ahead carefully with its domestic stock market experiment this year while increasing the role foreign markets play in bringing overseas capital to the country. Liu Hongru. chairman of the China Securities Regulatory Commission (CSRC). said yesterday
      Reuter  -  278 words
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      100 4 ■U^SiSjZQQ From the the present gourmet Jits best. The freshest ingredients, choice selection all-time authentic Japanese preparation all presented n impeccable Japanese v hospitality and service. Set in \fi| a cosy and warm ~f# Oriental ambience, you can request for our tranquil |V |£and private Tatami rooms for your dining
      100 words
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      352 5 BREITUNG EXHIBITION 22 FEB 8 MAR *94 Slncara Watch LM (Lucky Plaza) Sbieem Watch Ltd (Marina Squara) 1 Jf yMV a) Tha Hour GHaaa Lid (Scott* Shopping Cantra) Tt<: 235 6527 Watchas of fwttsartand Ma Ltd (forum Shopping Mai) Tafc 734 0028 BREITLING 1884 on. l < E&n^ 1 m
      352 words
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  • REST OF ASIA
    • Article, Illustration
      Lock icon Jammu blast fuels Hindu-Muslim violence
      57 6 AFP JAMMU, India Muslims protesting outside a police station against the alleged failure of police to protect them after Hindus tried to attack Muslim homes following a bomb blast that killed three people here. Hundreds of demonstrators in Hindu-majority Jammu blamed the blast on Muslim
      AFP  -  57 words
    • Article
      Lock icon Delhi cuts GDP growth estimate to 3.8pc
      421 6 Indian economic surve Reuter NEW DELHI India revised downwards its estimate for growth in gross domestic product (GDP) for the current financial year ending March to 3.8 per cent, compared with 4.0 per cent in 1992/93, according to ofllcial projections. In its annual
      Reuter  -  421 words
    • Article
      Lock icon Agricultural production expected to fall by 0.9pc
      458 6 Reuter NEW DELHI India's agricultural production in 1993/94 (April/March) is expected to fall by 0.9 per cent compared to a 3.9 per cent growth in the previous year. The government's economic survey for 1993/94. published yesterday, said food grain production was also expected
      Reuter  -  458 words
    • Article
      Lock icon Trade deficit likely to be sharply lower
      216 6 Reuter NEW DELHI India's trade deficit in fiscal 1993/94 ending March is expected to be around USSI.O billion (551.58 billion), against US$3.3 billion the previous year. The government's economic survey, published yesterday, said that based on this projection, the current account deficit was
      Reuter  -  216 words
    • Article
      Lock icon Economic recovery in S Korea marks Kim's first year
      476 6 AFP SEOUL The good news for South Korean President Kim Young Sam, who took office a year ago today, is that the country's economy has recovered from the slowdown that marked the two years before his inauguration. The bad news is
      AFP  -  476 words
    • Article
      Lock icon Signs of recovery in Tokyo property prices: survey
      227 6 Reuter TOKYO Real estate prices in the Tokyo area are showing signs of recovery. A monthly survey by MRD Co Ltd. a private research firm, published yesterday, showed that of 621 real estate firms surveyed on Feb 14, 9.0 per cent said
      Reuter  -  227 words
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      227 6 K-I I I lists' i®* ib^; 'kStmmM J.h 1 IJi DOCKSIDE Brisbane's premier waterfront residential address. MiiimiiiiiiiiMifiimi Saturday 26 February, Sunday 27 February 1 lam 7pm The Regent Hotel, Boardroom No.l, 1 Cuscaden Rd. Singapore International release of the new stages of Brisbane's premier waterfront residential address... 148 Luxury Apartments
      227 words
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  • WORLD FOCUS
    • Article, Illustration
      Lock icon Business leaders pull in different directions
      631 7 Europe's economic challenges FT EUROPEAN economies are becoming more integrated, but European business leaders remain a highly diverse breed. A continent-wide opinion poll for the Financial Times and five other European newspapers shows marked differences in attitudes to the continent's economic challenges. The continent
      FT  -  631 words
    • Article, Illustration
      Lock icon EU faces problems opening up public procurement sector
      738 7 Reuter OPENING up public procurement in the European Union is proving a hard nut to crack with all EU countries jealously trying to keep for their own firms a sector worth hundreds of billions of dollars. Muro Fenstertechnik Rol-laden-Muller is a small
      Reuter  -  738 words
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      130 7 jf/ r 0 J mem» A V"'"*** -at? The e\ er present (i<>Ki ijml is v»>innu>ll mkiiiilest sign 11 kii iis to I >»ui jim l<u>k,i! ii let j lone iii i\ inc i!. W illi ti\ e Jooi s owner Ims t i rri\ t'J. The nol so c\i'i
      130 words
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      503 8 v. 1 A l further Confirms (Private) Limited's I position as one of Singapore's most progressive jfljf M I and quality-conscious construction companies. ,f ;Js I fl Woh Hup (Private) Limited is commited to -jm I I strive for further improvements in all aspects of I I our operations in
      503 words
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      1285 9 I Lee Kim Tah (Pte) Ltd Shinkeikin Aluminium <ma STRUTS Building sTjfr\ Masterseal Pte Ltd 2 0 J alanA M^ia.oC entre Ul r J (Pte) Ltd J Technology Pte Ltd \£JJ Bik9oi2TampinesSt93#o3-2i5 3 Sing a porel44() Tel: *****18 6, Mandai Estate Singapore 25 72 I SCR Building Products Pte Ltd
      1,285 words
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  • THE WORLD
    • Article
      Yeltsin's appeal fails to ease mounting pressure from MPs
      409 10  -  From John Helmer in MOSCOW PRESIDENT Boris Yeltsin addressed both chambers of the new Russian parliament for the first time yesterday amid renewed opposition from parliamentary and workers* groups. The presidential address to the State Duma and Council of the Federation,
      409 words
    • Article
      Lock icon More debt relief for Moscow ahead of G-7 talks
      380 10 Reuter, AFP PARIS Western creditor countries have quietly granted Russia a further dose of debt relief to encourage Premier Viktor Chernomyrdin's newlyrevamped government to speed up the pace of economic stabilisation and reforms. Western diplomats said on Wednesday that creditors in
      Reuter,; AFP  -  380 words
    • Article
      Lock icon Brittan to hold talks on China's Gatt bid
      181 10 AP BRUSSELS The European Union's trade chief will travel to China this weekend for discussions on Beijing's desire to join the world trade body and other issues. Sir Leon Brittan. a vicepresident of the union's executive agency, is scheduled to arrive in
      AP  -  181 words
    • Article
      Lock icon Talks on bigger EU enter final stretch
      389 10 AFP BRUSSELS Difficult negotiations to enlarge the European Union enter a final four-day stretch today, with applicants Austria. Finland. Norway and Sweden still bargaining hard for favourable entry terms. After a year of haggling, all the applicant countries are still trying to bend
      AFP  -  389 words
    • WORLD WATCH
      • Article
        Lock icon Change approach, UK directors told
        106 10 Bloomberg Business News LONDON The Institute of Directors yesterday urged a rethink of the role of companies and directors in the UK economy, the Financial Times reported. It said that too often, emphasis was on the integrity of company directors rather than how to best
        Bloomberg Business News  -  106 words
      • Article, Illustration
        Lock icon Easily overlooked
        47 10 AFP LONDON Pitiu. a peforming pony, walks under under Pip. a police horse held by PC Nick White. A 67cm-high representative of the Falahella breed, the world's smallest. Pitiu was stolen two months ago but was recovered in London on Tuesday after a tip-ofT. AFP
        AFP  -  47 words
      • Article
        Lock icon Better German prospects: survey
        54 10 Reuter MUNICH German industry was more optimistic about its outlook in January, reporting better export prospects and improved tendencies in orders, the IFO economic research institute said in its latest monthly survey. Positive reports on the business climate narrowly exceeded negative ones for the first time
        Reuter  -  54 words
      • Article
        Lock icon US cool to call for Bosnia summit
        51 10 AP WASHINGTON The Clinton administration is cool towards Russian President Boris Yeltsin's call for a Bosnia summit. While not flatly rejecting the idea, administration officials said on Wednesday that it would take a lot more work before such a meeting would be productive.
        AP  -  51 words
      • Article
        Lock icon Christopher to visit China, Japan
        46 10 Reuter WASHINGTON Secretary of State Warren Christopher will travel to China. Japan and Australia from March 4 to 14. The first stop would be Canberra for regional and economic talks followed by trade talks in Tokyo before moving on to Beijing.
        Reuter  -  46 words
    • Article, Illustration
      Lock icon Rest before the rush
      48 11 Reuter METKOVIC, Croatia A Danish truck driver for the United Nations High Commissioner for Refugees waits in front of trucks loaded with humanitarian aid at the UNHCR base in this town on Wednesday. Eight of these trucks were to deliver aid to Muslims. Reuter
      Reuter  -  48 words
    • Article
      Lock icon EU fears US-Japan trade war may hurt global commerce
      331 11 IHT BRUSSELS European officials are becoming worried that the trade dispute between the US and Japan could chill the climate for global commerce only months after the successful end of the Uruguay Round of Gatt talks. The US has been rebuffed
      IHT  -  331 words
    • Article
      Lock icon France promises ambitious defence plan in White Paper
      255 11 FT PARIS The French government pledged itself to an ambitious defence policy, working in greater cooperation with its European and Nato allies, in a White Paper designed to map out French military strategy into the next century. The dual purpose of the
      FT  -  255 words
    • Article
      Lock icon More open policies spark Third World investment boom
      317 11 AP WASHINGTON Friendlier government policies have been sparking a private investment boom in the Third World, says the International Finance Corporation, the part of the World Bank that deals with business. Most of the investment comes from within, said Guy PfefTermann, the
      AP  -  317 words
    • Article
      Lock icon IMF passes US$9.6b fund for poor nations
      291 11 Reuter WASHINGTON The IMF said on Wednesday it gave the go-ahead to a US$9.6 billion (Ssls billion) fund to help the world's poorest nations reform and modernise their economies. International Monetary Fund managing director Michel Camdessus welcomed the decision by the IMFs board
      Reuter  -  291 words
    • Article
      Lock icon UK banks accused of driving their clients to suicide
      186 11 AFP LONDON British banks are coming under increasing criticism for their handling of overdrawn accounts, amid accusations that they are driving clients to suicide. A father of two recently committed suicide after receiving two bank letters warning him that he was
      AFP  -  186 words
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      Page 10 Advertisements Column 1
      157 10 new i 90m ■111® fa #T- .4 I yyy Evolving from a proud lineage of individualistic cars, the new security and comfort derived from the many SaabSAFE innovations. Not Saab 900 is anything but conventional. least intelligent ergonomics such as an aircraft-inspired Black Panel. In every sense, the new 900
      157 words
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      164 11 A V j j j IMMIHMMMM 1 1 > J LJ A U Ariane 5 Exocet Building partnerships in aerospace technology. Aerospatiale's success is built upon technological and qualitative supremacy, plus the Group's unique ability to exploit the synergy which characterises its achievements. This is clearly shown by Aerospatiale's pioneering
      164 words
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      679 12 Nothing Beats A Bud, fnaati OF A good reason to visit Mischief the fun pub: From spm to Bpm da#y, beer and house pouring drinks are at only $3.50++ each. Mischief Is open from 11 am to lam dally 4m. (till 2am on Fridays, Saturdays ft eve of public holidays)
      679 words
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      Page 12 Advertisements Column 2
      319 12 UU9111V99 A I HIV A lUAV A VUI MW« T WHERE TO WINE, DINE AND ENTERTAIN Ltvewire from the Philippines plays popular hits from 9 00 p.m. Happy Hours 6 pm 9 pm (Mon Sat). One for one on all standard drinks Cover charge on Friday. Saturday Eve of Public
      319 words
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      Page 12 Advertisements Column 3
      266 12 Delectable Yoag Doe-Fa Siffcl at c— Chatterbox every Sataiday and Sanday. 12.30 pa to 5 pai 914.50 per penoa $4.50+* per child (below 10 yi») Mezzanr* Saatptaoaa Comtiaeatal it Local Aftemooa Tea spread at Meizaaiae Loaage. Dally. lpatoipa $16.00 per peraoa $10.00*+ per child (below 10 yim) 1)1 Orchard Road
      266 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Is fish really brain food?
      595 13  -  And will carrots help you see better in the dark? Marian Burros takes a second look at some old wives' tales that defy scientific logic. Or do they? Marian Burros NYT EAT your carrots; you'll see better in the dark. Don't go swimming until an
      NYT  -  595 words
    • Article, Illustration
      Lock icon What the hic, sherry's as good as wine
      583 13 CHATTERBOX AP UPI AFP AP AFP A WINEMAKER in Lowden, Washington, who botchcd a batch of sweet white wine is owning up to his mistake and trying to profit from it as well, selling it as sherry under the name "Faux Pas
      AP; UPI; AFP  -  583 words
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      259 13 jgtjkJfogters IHPniHI Okie English Eating House 277 Orchard Rd #02-38 Specialists Centre 5(0923) Specialized fen steaks, farmhouse fare, devonshire cream tea. (Good restaurant guide award winner) DEVONSHIRE CREAM TEA (Served from 3pm 6pm) Oven hot scones with butter, sandwiches, cake and pastry with a pot of tea or coffee ,sB.so++
      259 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1200 13 TV Jk RADIO J The Naked Gun, Bpm, SBC spoof Jk. cop the Airplane! team. Leslie Dre- B3B^ sidekick George v Kennedy, to connect ship- Ml JK V magnate and socialite 'j drug Aj The Count li Monte Cristo, 9pm, The story of Edmund Dante i who spent 14 years
      1,200 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Myth of the 'born' salesman
      678 14  -  Success in sales, claims guru Tom Hopkins, comes when one is tuned in to the individual's needs. Corinne Kerk reports. Corinne Kerk THOSE who believe successful sales people are bom, not made, are going to face some violent objections from Tom Hopkins, leading sales trainer
      678 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      208 14 Your Powerful MARKETING DATABASE The Full Particular? And Consumer Habits Of Your Prospects And Clients From sso- "I 5 With "CONSUMER ACCESS® CALL NOW I 1800 220 38 80 To Receive Your FREE Information Kit Delivered The Same Day T—N— Own r The Number One in Telemarketing Is Also Offering
      208 words
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      Page 14 Advertisements Column 2
      145 14 a THE PINNACLE QUALIFICATION mm IN MARKETING" uovDsmr or bull The jpec La lift course for executives in marketing management by The University of Hull in association with the Chartered Institute of Marketing, UK. EIGHTH INTAKE IN SINGAPORE Only programme endorsed by CIM UK Established Internationally as a part-time distance
      145 words
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  • SPORTS
    • Article, Illustration
      Lock icon Kerrigan wins Round One
      976 15 XVII Winter Olympic Games AP LILLEHAMMER, Norway In the long-awaited showdown on ice, count Round One to Nancy Kerrigan. She elegantly aced the technical programme against European standouts, while American rival Tonya Harding all but bobbled away any chance for an Olympic fig-ure-skating medal. Meanwhile on
      AP; Reuter  -  976 words
    • SIDE LINES
      • Article
        Lock icon Jordan turns down US$15m fight offer
        170 15 Reuter NEW YORK Michael Jordan, the retired basketball superstar who is trying his hand at professional baseball, has turned down a USSIS million (5523.8 million) offer to use his fists to challenge lor boxings biggest prize. Main Events promoter Dan Duva confirmed on Wednesday
        Reuter  -  170 words
      • Article
        Lock icon West Indies on verge of first test win
        171 15 Reuter KINGSTON. Jamaica West Indies were within eight runs of winning the first test on Wednesday despite Graeme Hick leading a valiant but forlorn rearguard fight by England. Needing 95 to win. West Indies were 87 for two at the close and
        Reuter  -  171 words
      • Article
        Lock icon Early exit for seeds Becker, Novacek
        110 15 Reuter ROTTERDAM Boris Becker and Karel Novacek on Wednesday bccame the first seeds to tumble out of the World indoor tournament here. Fourth-seeded Becker fell to Dutchman Paul Haarhuis 4-6 7-6 6-4 in the first round and last year's losing finalist, seventh seed Karel
        Reuter  -  110 words
      • Article
        Lock icon New goal for Bonds
        128 15 AP SCOTTSDALE. Arizona San Francisco's Barry Bonds, in need of new goals after leading the Giants to 103 victories last year, is aiming for an unprecedented fourth straight National League Most Valuable Player trophy. "It's important for me to see if I can do something no
        AP  -  128 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        43 15 Reuter NEW YORK NBA Wednesday: Atlanta 99 Seattle 92: Orlando 103 Indiana 99; Philadelphia 102 New Jersey 106: Washington 96 Cleveland 106; Chicago 123 Golden State 100; Denver 102 Boston 94; Utah 106 San Antonio 102 (OT2); LA Clippers 112 Portland 121.
        Reuter  -  43 words
      • Article, Illustration
        Lock icon Cricket
        52 15 Reuter CHRISTCHURCH, New Zealand Pakistan were 334 for seven wickets at the close of the first day of the third and final cricket test yesterday after New Zealand won ihe toss and asked them to bat. Score: Pakistan 334-7 (Saeed Anwar 69. Aamir Sohail 60. Basit All 98 not
        Reuter  -  52 words
      • Article, Illustration
        Lock icon Squash
        29 15 AFP CARDIFF Welsh Classic quar-ter-finals Wednesday: Rodney Eyles (Aust) b Peter Nicol (Scot) 11-15 15-4 15-13 15-11; Peter Marshall (Ens) b Danny Meddings (Eng) 15-7 15-10 15-I*o. AFP
        AFP  -  29 words
      • Article, Illustration
        Lock icon Tennis
        184 15 AFP Reuter Reuter ROTTERDAM WorM Indoor Ist rd Wednesday: Goran Ivanisevic (Cro) b David Prinosil (Ger) 3-6 6-3 7-6; Magnus Gustafsson (Swe) b John McEnroe (US) 6*2 7-6: Paul Haarhuis (Neth) b Boris Becker (Ger) 4-6 7-6 6-4. 2nd rd: Rodolphe Gilbert (Fra) b Karel Novacek (Cze) 4-6 7-6
        AFP; Reuter  -  184 words
    • Article, Illustration
      Lock icon Montecastillo good choice for Ryder Cup, says Nicklaus
      401 15 Golf AP JEREZ DE LA FRONTERA. Spain Jack Nicklaus, who designed the Montecastillo Golf Course, pronounced it ceady for this week's Andalusian Open and also said it would be a good site for the 1997 Ryder Cup, which has been awarded to
      AP  -  401 words
    • Article
      Lock icon Pros turned weekend hackers
      207 15 Reuter SYDNEY Three of Australia's top professionals, including former British Open run-ner-up Mike Harwood. grabbed the spotlight yesterday for playing like a bunch of weekend hackers. Playing together. Harwood. Lucas Parsons and Ken Trimble all previous winners on tour posted a combined score of 44 strokes
      Reuter  -  207 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      196 15 Beginning today. Business Times will publish a fortnightly column on practical golf tips courtesy of Patrick Sherry, Director of Golf, Palm Resort Golf Country Club The tee short getting off to a good start I he problem (Men golfers) I The clubface is open at ball contact, producing a slice.
      196 words
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  • Article
    A wish list for India
    544 16 iprroroAL ON MONDAY, India's economic mandarin Manmohan Singh will present his fourth budget in a row a record for any finance minister of that country. With his previous three budgets, he rescued the Indian economy from the brink of financial disaster and nursed it to
    544 words
  • WHAT THE OTHERS SAY
    • Article
      Germany can guide Europe
      208 16 GERMANY has been more purposeful than most Western countries in responding to the changes taking place in the world as the centre of economic gravity shifts from the West to Asia. Germany's new policy is based on its document Asia Concept, which it adopted some months
      208 words
    • Article
      Better but still worrying
      191 16 WHILE THE MAJOR crime rate went down marginally last year compared with 1992, there are some worrying trends. White-collar crimes have gone up and so have sex crimes. Even more worrying is the fact that many petty crimes were committed by youngsters. Police believe these youngsters
      191 words
    • Article
      The message of the Budget
      130 16 ONE SHOULD NOT just look for personal gain in Budget announcements but also catch the message that the government is trying to convey. The message this year is how to increase our competitive spirit and improve our overall living conditions. On the government's side, encouraging
      130 words
    • Article
      Keep tabs on progress
      162 16 THE Housing and Local Government Ministry is obviously taking quite a few first steps in the right direction. We call them first steps because it is quite clear that a series of evolving actions would still be required from this point on before the ministry's stated
      162 words
    • Article
      Cost of the GSP
      175 16 THE United States government's decision to grant Indonesia another six months in which to improve the protection of its workers' rights before deciding whether to extend or withdraw its Generalised System of Preferences (GSP) surely portends an eventually satisfactory solution to that issue. We thus feel
      175 words
    • Article
      China's phantom figures
      149 16 STATISTICS on the Chinese economy do not add up. Economists and commentators have long suspected it. Yesterday the People's Daily confirmed that many of the numbers coming out of the mainland are at best suspect and at worst spurious. Now the country faces the prospect of having
      149 words
  • Article
    Lock icon Japan is not to blame
    1295 16  -  Shintaro Ishihara says the US brought its trade deficit with Japan upon itself Shintaro Ishihara The writer is co-author, with Sony chairman Akio Morita, of the controversial 1990 book, 'A Japan That Can Say No' New Perspectives Quarterly THE breakdown of the Japan-US economic negotiations
    New Perspectives Quarterly  -  1,295 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      202 16 •***> r i c W H-- v r JW??So^^P l fl 1 'JIP r% v ,%mw 1U M« »\U I Winner of Energy Efficient Design I I Unbeatable investment opportunity HIH ———111 fM iVj yy B A ji Bjjj pV9* J ■lii;ii t iuaLkAij^^BWWW^^MgEJUlßillillglllßßnßaMil Iff js^ I Stringybark r- I
      202 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      85 16 rn giving royseLP" f\ good talking to Bur its rousr B£ SOr>£-THiMG GCHNG IN ONe.GJNR FWO OUT OP TVt6 CHWeR OROWG U*W roc 11l I [lt It jjPv DOONESBURY GARRY TRUDEAU MR SIOCJJM, PIP 7>€R£ COMB WIMJASB&NGINT£RVI£U£P M ANC?ASXXI&WIOJR r nu p^ut A 7IM&HJHGN VOUR&AUZSP I FOR LAkJ SCHOOL-UHENT€6UY DREAM
      85 words
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  • ANALYSIS
    • Article, Illustration
      A master in the art of playing to the gallery
      1291 17  -  Vladimir Zhirinovsky's electoral success last December scared a good many people around the world, who saw a Russian Hitler in the making. John Helnier talks to the man's chief foreign policy adviser to get an insight into what he really
      1,291 words
    • Article
      A growing hostility to Chinese 'penetration' of Siberia
      784 17 THE chief foreign policy adviser to Vladimir Zhirinovsky has criticiscd China for its "penetration" of Siberia. and urged restrictions on the inflow of Chinese businessmen and workers into Russia. Speaking in Moscow, following the recent visit to China by Foreign Minister Andrei
      784 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      43 17 Auctlon of 100 Superior Quality Hand-knotted Persian Carpets In Various Sizes On Sunday, February 27,1994 The Dynasty Hotel, Regal Room Viewing: 10am -Ipm Auction Sale: 1.30pm spm Auctioneer. Um ft Associates Presenters: ALI ft ABI fI)R Awu. SHOWROOM EfcRDMSH™" €A*ptU Enqulrt—: 2M MB
      43 words
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      Page 17 Advertisements Column 2
      41 17 The Knowledgeable goes for the right media and the right company. Classified the people finder. ifl I cat*! the stmits Twes the Sunday nines business times the new papeb lIANHE ZAOBAO UANHE WANBAO SHNMM OAI.Y NEWS §E»ITA HA WAN BEKITA MMOCU
      41 words
    • Advertisement
      Page 17 Advertisements Column 3
      386 17 Arthur Andersen Associates Pte Ltd LOCAL ENTERPRISES KEY CONSIDERATIONS FOR GROWTH A 6-hour workshop that focuses on the issues facing growing local enterprises. This seminar which is part of the Entrepreneurship Development Series aims to equip participants with a broad-based understanding of the strategies available for business expansion and die
      386 words
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  • Article
    Lock icon 2 US lawmakers to introduce Bill on possible trade sanctions against Japan
    399 18 Knight-Rider Bloomberg Business News, Reuter WASHINGTON Two United States lawmakers will introduce legislation today that would require the US to impose sanctions if it finds Japan to be in violation of bilateral trade agreements. Congressional aides said Senator
    Knight-Rider; Bloomberg Business News,; Reuter  -  399 words
  • Article
    Lock icon Yen soars against US$ following denial of secret Japan-US rate accord
    254 18 Bloomberg Business News Knight-Ridder TOKYO The yen soared against the US dollar following a denial by Japan's vice-fi-nance minister that the US and Japan had struck a secret accord on dollar-yen rates. Vice-Finance Minister Kosuki Nakahira told reporters at
    Bloomberg Business News; Knight-Ridder  -  254 words
  • Article, Illustration
    Lock icon A crushing blow against violence
    47 18 AFP MANILA Toy guns became a symbolic offering before this steamroller yesterday as people in Manila protested against the glorification of violence. The event also marked the Bth anniversary of the near-bloodless popular revolt that toppled dictator Ferdinand Marcos from power. AFP
    AFP  -  47 words
  • Article
    S'pore mission in Tianjin to seek investment opportunities
    364 18  -  From Yong Pow Ang in TIANJIN, China A THIRTY-MEMBER Singapore business mission is in Tianjin to look into investment opportunities in conjunction with the visit of Senior Minister Lee Kuan Yew to the port city. Mr Lee. who arrived here yesterday, said
    364 words
  • Article
    Lock icon Japan's ruling coalition in danger of splitting
    264 18 Reuter TOKYO Japan's ruling coalition looked in danger of splitting yesterday, with one group favouring and the other opposing a controversial plan to reshuffle the six-month-old Cabinet. The leader of the Rcngo union, part of the eight-group alliance, said Prime Minister Morihiro Hosokawa's
    Reuter  -  264 words
  • Article
    Lock icon Indons to scramble US satellite channels by September
    179 18 The Straits Times JAKARTA Signals from four American television networks beamed into Indonesia and other parts of the region covered by the Palapa satellite will be scrambled by September as part of efforts to protect copyright of the programmes. Jack Porray. managing
    The Straits Times  -  179 words
  • Article, Illustration
    HK's land shortage could become a divisive issue
    893 18  -  The Bottom Line PAUL MARRIAGE PAUL MARRIAGE The writer is executive director of Hongkong-based corporate affairs consultancy Forrest International. The view's expressed are his own and do not necessarily reflect those of the company. THE Year of the Landlord is how International
    893 words
  • Article
    Lock icon More rate cuts possible: Bundesbank member
    99 18 Bloomberg Business News FRANKFURT A policymaker of the Deutsche Bundesbank yesterday expressed optimism that German interest rates would continue to fall despite a dim outlook for January money-supply growth. Prospects for further rate cuts were good, because German money-market rates remained above those for
    Bloomberg Business News  -  99 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      39 18 KAISER KITCHEN SYSTEM 2 lnr < >:t.l-1 M .'1 IMM r. 2.''' 11l VJV i ll<tir. tl.nn t.^|iii.UiU NGEE ANN if ODEON CITY TOWERS (Orchard Road) iAi (Opp Baffin Hotel) Quality Serviced Offices Tel: 65-838 5243/ Fax: 65-*****76 MRCEIMTRE SINGAPORE
      39 words
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      Page 18 Advertisements Column 2
      24 18 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 1800-749-2577.
      24 words
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      Page 18 Advertisements Column 3
      61 18 KAISER KITCHEN SYSTEM SI& THE RAFFLES I CONVERSATION I don't sense any widespread anxiety about the 'yellow peril' STEPHEN SOLARZ, the former American Congressman who helped shape US policy towards Asia for more than a decade, on whether his country views Asia as a threat. And on the Clinton foreign
      61 words
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  • COMPANIES & MARKETS
    • Article
      S'pore Petroleum expands with China, Malaysia deals
      399 19  -  From Loh Hui Yin in BANGKOK REFINER Singapore Petroleum Company is stepping up its regional investment thrust. It has teamed up with another Singapore company, Dovechem Petroleum, to build an oil storage terminal near Shenzhen. China, and is finalising a similar investment in
      399 words
    • Article, Illustration
      Scotts posts 32pc lower profit but sees better times ahead
      350 19  -  By Sylvia Wong SINGAPORE Scotts Holdings has reported a 32.4 per cent drop in interim earnings to $1.96 million for the six months to Dec 31 but says better times are around the corner. Group executive director Iqbal Jumabhoy said
      350 words
    • Article
      Tuan Sing pays $14.2m for warehouse complex
      347 19 SINGAPORE Listed Tuan Sing Holdings bought a warehouse with a two-storey office annex building in the MacPherson area for $14.2 million at a public auction yesterday. The winning bid for the 31,679 sq ft freehold property at Burn Road works out to $448
      347 words
    • Article
      UIS profit rises 91pc, firm proposes one-for-10 bonus issue
      299 19 SINGAPORE United International Securities (UIS), the closed-end investment company of United Overseas Bank, announced yesterday that its net earnings for 1993 rose 91 per cent to $3.83 million from the previous year's $2 million. Total income increased 28.6 per cent to
      299 words
    • Article
      Ultrajaya must pursue aggressive growth strategy to keep healthy market share
      641 19  -  HOCK LOCK SiEW By William Chia SINGAPORE Indonesia's fast-growing and prosperous middle class has proved to be a dream market for dairy and fruit drink firm PT Ultrajaya Milk Industry and Trading Company. It has enabled Ultrajaya, incorporated in
      641 words
    • Article
      Wearnes sues Optics, claims it infringed CD-ROM copyright
      238 19  -  By Joseph Rajendran SINGAPORE Manufacturing and property group Wearne Brothers is suing local firm Optics Storage for alleged copyright infringement. The suit comes after sound card maker Creative Technology sued rival Aztech for the same reason. The four local firms are moving
      238 words
    • Article
      Lock icon Pan Pacific Asia's pre-tax profit soars 16 times
      157 19 Bernama KUALA LUMPUR Pan Pacific Asia Bhd's group pretax profit for the financial year ended Oct 31, 1993, jumped nearly 16 times to M 543.29 million (5525.11 million) from MJ2.57 million a year before. Releasing its results yesterday, Pan Pacific Asia said
      Bernama  -  157 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        36 19 Mixed Market Mood indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment Brokers polled: Alliance. Barings. Dat*u, GK Goh. Kay Hian. Phillip and Tat Lee.
        36 words
      • Article, Illustration
        HOT STOCK
        149 19  -  -By Quak Hiang Whai Amalgamated Steel Mills finished two cents lower at $2.78 yesterday on a healthy volume of 1.44 million units. The stock will face some resistance at $2.80, having gone up from $2.50 in the past few sessions. But chances are it will break through. The
        149 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon Nod for Kim Hin's bonus, bond issues
          81 20 Bernama KUALA LUMPUR Kim Hin Industry Bhd's proposed bonus and bond issues along with its executive share option scheme (ESOS) have been approved by the Securities Commission. Malaysian International Merchant Bankers Bhd said in a statement on behalf of the company yesterday that
          Bernama  -  81 words
        • Article
          Lock icon Shangri-La (M) buys into Johdaya Kerya
          106 20 Bernama KUALA LUMPUR Shangri-La Hotels (M) Berhad announced the acquisition of 20 per cent equity stake comprising 10,775,000 new ordinary shares of MSI.OO each at par and for cash in Johdaya Kerya Sdn Bhd. JK is a joint venture company incorporated in Malaysia for
          Bernama  -  106 words
        • Article
          Lock icon Shinawatra profits from share share
          86 20 Bloomberg Business News BANGKOK Thai telecommunications conglomerate Shinawatra Computer Communications made a capital gain of 414 million baht (SS24 million) by selling half its stake in International Engineering Co (lEC). Shinawatra sold 600,025 common shares, or 5.7 per cent of total equity of lEC, for
          Bloomberg Business News  -  86 words
        • Article
          Datapulse 'ready' trading from Mar 1
          72 20 SINGAPORE In a circular from the Stock Exchange of Singapore yesterday, trading in Datapulse shares will cease on a "when issued" basis and will commence on "ready" basis with effect from 9am, Tuesday, Mar I. The circular states that trades in Datapulse shares done
          72 words
        • Article
          Pacific Can on price rise
          47 20 SINGAPORE Pacific Can Investment Holdings Ltd, in a letter to the Stock Exchange of Singapore yesterday, said its directors were not aware of any reasons or circumstances for the increase in the turnover and price of the company's shares on the exchange.
          47 words
        • Article
          Lock icon Lim Kim Hai interim pre-tax up 3.8pc
          120 20 Bernama KUALA LUMPUR Lim Kim Hai Holdings (M) Bhd returned a group pre-tax profit of M 57.05 million (554.02 million) for the half year ended Dec 31, 1993, up 3.86 per cent from M 56.79 million in the corresponding period of 1992. It
          Bernama  -  120 words
      • Article
        UNIT TRUSTS & FUNDS
        490 20 UNIT TRUSTS FUNDS MwugtrV gricn Feb 2S UMB Invest Mgt Ltd ?inninnn i i.u Tract Unifund 1.60 1.66 Singapore unn imi t'mbood 102 i.os The Commerce 1.85 1.94 United Cr Fund 1.70 1.77 The Savings Fund 1.71 I 80 United Asla Fund 1.92 2.02S pore Prog Fund 0.76 0 80
        490 words
      • Article, Illustration
        Ghafar unveils ambitious plan for Union Paper expansion
        475 20  -  From Ho Kay Tat in KUALA LUMPUR GHAFAR BABA. chairing his first shareholders' meeting since becoming chairman of Union Paper Holdings Bhd, yesterday unveiled an ambitious shopping list to take the small paper products company into the financial, infrastructure and wood-based businesses.
        475 words
      • Article, Illustration
        Thai Danu Bank posts higher profit, plans rights issue
        410 20  -  From Loh Hui Yin in BANGKOK THAI DANU Bank, which yesterday reported a 13.5 per cent rise in net profits to 470.7 million baht (5529.4 million) for last year, plans to raise additional funds on the Thai market to finance its
        410 words
      • Article
        Lock icon FACB invests M$7.5m in home appliance maker Advantec
        215 20 Bernama KUALA LUMPUR FACB Bhd, a company involved in manufacturing, resort development and venture capital, has unveiled plans to become a household name in the home appliances sector. As a first step towards achieving its objective, it has entered into a conditional
        Bernama  -  215 words
      • Article
        Lock icon Magnum posts 34pc rise in group pre-tax profit
        277 20 Bernama KUALA LUMPUR Gam-ing-based Magnum Corporation Bhd registered a remarkable 34.10 per cent hike in group pre-tax profit to M 5415.97 million (5X237 million) for the financial year ended Dec 31. 1993, from M 5310.22 million for 1992. This was recorded on
        Bernama  -  277 words
      • Article
        Inno-Pac sells stake in loss-making foods subsidiary to associate
        296 20 SINGAPORE Paper and food-based Inno-Pacific Holdings Ltd announced yesterday that it has entered into an agreement to sell its entire 50 per cent stake in the loss-mak-ing Inno-Pacific Foods Industries Pte Ltd to an associate company, K.MP Private Ltd, for *****,000.
        296 words
      • Article
        Lock icon NSTP to launch new newspaper products
        186 20 Bernama KUALA LUMPUR The New Straits Times Press (M) Bhd (NSTP) will soon introduce new newspaper products, managing director Mohamad Noor Mutalib said yesterday. The group would be increasing its products to help it achieve greater profitability in years to come, he told reporters
        Bernama  -  186 words
      • Article
        Lock icon TH Loy buys two firms in the growing oil and gas industry
        282 20 Bernama KUALA LUMPUR TH Loy Industries Bhd's proposed acquisition of two companies in the oil and gas industry will enable the group to tap the industry's rapid growth prospects, its adviser D&C Sakura Merchant Bankers Bhd said yesterday.
        Bernama  -  282 words
      • Article
        DIVIDENDS ANNOUNCED
        347 20 Payment Ex Books Pi) dale close date BAT 21* F 86 9N Mar 18 Mar 24 Apr 6 Beijaya Group I 6 Mar 11 Mar 28 Apr 18 Beqaya Ind I 4 Mar II Mar 28 Apr 12 Beqava Leisure I S Feb 22 Mar 8 Apr 6
        347 words
      • Article, Illustration
        HK's Wheelock and Virgin in megastore deal
        412 21  -  From Catherine Ong in HONGKONG HONGKONG'S Wheelock group has teamed up with Britain's Virgin Megastores to open a chain of music and entertainment stores in Hongkong, Taiwan and China. The deal, a 50-50 venture between Wheelock Pacific and Virgin Retail Group Ltd, was
        412 words
      • COMPANY BRIEFS
        • Article
          Lock icon MSCI raises Japanese stock weighting
          86 21 Bloomberg Business News TOKYO Morgan Stanley Capital International will increase the percentage of Japanese stocks in its benchmark Europe, Australia and Far East Index to 44.5 per cent from 42 per cent on March 17. MSCI, a unit of US investment bank Morgan Stanley, set
          Bloomberg Business News  -  86 words
        • Article
          Lock icon Takashimaya revises earnings estimate
          69 21 Bloomberg Business News TOKYO Takashimaya yesterday announced revised earnings estimates. The company says it now expects current profit to fall to 2.8 billion yen (5542.3 million) in the full year to Feb 28. The company reported a current profit of 4.93 billion yen for the year
          Bloomberg Business News  -  69 words
        • Article
          Lock icon TNT reports first profit in three years
          92 21 Reuter SYDNEY Global transport group TNT Ltd reported its first profit in over three years yesterday and announced it would expand core operations after a series of capital raisings and asset sales to reduce debt. The once debt-laden TNT reported a net equity
          Reuter  -  92 words
        • Article
          Lock icon Chaifa to expand retail network in China
          105 21 Bloomberg Business News HONGKONG Garment and shoe maker retailer Chaifa Holdings Ltd plans to raise HKSS4.I million (SS 11.1 million) to further expand its retail sales network in China, the Hongkong Economic Times reported. Chaifa plans to issue 51 million new shares at
          Bloomberg Business News  -  105 words
        • Article
          Lock icon First-half profit at Fairfax doubles
          69 21 Bloomberg Business News SYDNEY Australian newspaper publisher John Fairfax Holdings Ltd yesterday said profit more than doubled in the first half to A 582.1 million (SS94 million). Revenue in the six months ended Dec 31 rose 7 per cent from a year earlier to AS4I6
          Bloomberg Business News  -  69 words
        • Article
          Lock icon Natural Gas chalks up NZ$26m profit
          73 21 Bloomberg Business News WELLINGTON New Zealand's Natural Gas Corp yesterday said strong sales growth and a one-time gain on the sale of its stake in Enerco led to a profit of NZ525.9 million (5523.8 million), or 61.59 cents a share, in the six months
          Bloomberg Business News  -  73 words
      • Article
        Lock icon Shenzhen listing suspension temporary: securities chief
        258 21 Reuter BEIJING The Shenzhen stock exchange's decision on Tuesday to suspend introduction of new listings is a temporary slow-down and not a sign of any new national policy. Liu Hongru. chairman of the China Securities Regulatory Commission, said yesterday that Shenzhen authorities were within
        Reuter  -  258 words
      • Article
        Lock icon Matsushita to sell 52b yen of long-standing stock holdings
        232 21 Reuter TOKYO Matsushita Electric Industrial Co Ltd will sell an estimated 52 billion yen (SS7BS million) of long-stand-ing holdings in Nissan Motor Co Ltd. major Japanese brokerages and other top companies before the March 31 end of the fiscal year, the
        Reuter  -  232 words
      • Article
        Lock icon Irreconcilable differences the cause of Bell-TCI break-up
        636 22 NYT NEW YORK The key to the break-up of the Bell Atlan-tic-Tele-Communications Inc merger, announced on Wednesday night, is likely to be found in the striking differences in the styles and goals of the two companies, which are run for two different kinds
        NYT  -  636 words
      • Article
        Lock icon British Telecom plans superhighway info services
        259 22 AFP LONDON British Telecommunications is set to announce a huge investment programme aimed at creating "information superhighways" to bring a multitude of services into every home, reported the Financial Times yesterday. The programme, which would deliver a range of interactive services including videos, banking
        AFP  -  259 words
      • Article, Illustration
        Lock icon Swatch maker posts 7pc profit rise, analysts and firm disappointed
        355 22 Bloomberg Business News ZURICH SMH Societe Microelectronique et d'Horiogerie SA, the world's largest watch maker and creator of the Swatch, said on Wednesday it posted a group net profit of 440 million Swiss francs (Ss4Bo million) in 1993, from 413
        Bloomberg Business News  -  355 words
      • Article
        Lock icon British Gas suffers £613m pre-tax loss after charges
        360 22 Bloomberg Business News LONDON British Gas pic, the world's largest integrated gas company, said it made a pre-tax loss of £613 million (SSI.4 billion) on a current cost basis for the year ended Dec 31, compared to a profit of £846 million
        Bloomberg Business News  -  360 words
      • Article
        Lock icon Turner Broadcasting reports net loss of US$244m
        205 22 AFP PARIS A change in accounting procedures and early payment of debt resulted in a net loss of US$244 million (*****.5 million) last year for Turner Broadcasting System (TBS). But the US company on Wednesday reported an operating profit of US$3O2 million. In
        AFP  -  205 words
    • FINANCE & COMMODITIES
      • Article
        Salomon Brothers to expand operations in Singapore
        455 23  -  From Florence Chong in SYDNEY US INVESTMENT bank Salomon Brothers plans to expand its operations in Singapore, says the new managing director of investment banking at Salomon Brothers Asia Pacific, Trevor Rowe. Mr Rowe, speaking on Wednesday before leaving for his new job
        455 words
      • Article
        Lock icon Asia's dragon bond market starts to diversify
        333 23 Reuter HONGKONG Asia's budding dragon bond market is already starting to diversify with the launch earlier this week of two issues by former debtdelinquent nations. Dragon bonds are ordinary debt issues aimed at raising capital from a growing pool of Asian wealth in
        Reuter  -  333 words
      • Article
        Lock icon Credit Lyonnais to stem loss with 20b franc sale of assets
        291 23 FT PARIS Credit Lyonnais. the French state-controlled banking group, plans to sell more than 20 billion francs (555.4 billion) of assets over the next two years as part of a plan to repair its balance sheet. The group confirmed
        FT  -  291 words
      • Article
        Lock icon Bonds experts highly sought after in buoyant market
        330 23 Reuter. LONDON Banks and securities houses in London's financial district are vying to snap up strategic thinkers with expertise in Europe's fixed-in-come markets. Massive profits from the 1993 bond market rally have fuelled the recruitment drive. "The marketplace is back," said a
        Reuter.  -  330 words
      • SMALL CHANGE
        • Article
          Lock icon HK guidelines on property loans
          92 23 Bloomberg Business News HONGKONG The Hong Kong Monetary Authority, the territory's quasi-central bank, asked banks here to keep real estate loans under 40 per cent of their loan portfolios, the Hongkong Standard newspaper reported on Wednesday. The authority also asked banks to keep the annual
          Bloomberg Business News  -  92 words
        • Article, Illustration
          Lock icon Cairo bank blasted
          47 23 AFP CAIRO Egyptian security forces examining the site of.an explosion in front of an Egyptian-American bank in Garden City, a residential district of Cairo, on Wednesday. The attack against the banks is part of the Gamaa-Islamia fundamentalist group's effort to destabilise the country. AFP
          AFP  -  47 words
        • Article
          Lock icon Taiwan expects more funds to flow in
          74 23 Reuter TAIPEI Taiwan's central bank said up to USSI.B billion (Ss2.B billion) in equity investment funds is still waiting to be remitted into the island. Foreign institutional investors have received approval to bring in US$4.7l billion but have only remitted U553.34 billion so
          Reuter  -  74 words
        • Article
          Lock icon Zhu seeks help from Bank of Japan
          72 23 Knight-Ridder TOKYO Chinese Vice-PTemier Zhu Rongji yesterday asked the Bank of Japan to continue cooperative efforts to improve the operations of the People's Bank of China, a Kyodo News Wire report quoted officials of the central bank as saying. Mr Zhu, who arrived
          Knight-Ridder  -  72 words
        • Article
          Lock icon Bank of America plans Viet branches
          76 23 Reuter HANOI The Bank of America is applying to open branches in Hanoi and Ho Chi Minh City, a senior executive said here yesterday. "Bank of America views Vietnam with high potential." Asia vice-president Larry Greenberg told a conference on business prospects in Vietnam.
          Reuter  -  76 words
      • Article
        Lock icon Malaysian sawn timber losing pricing edge in Europe
        435 24 MBT KUALA LUMPUR The Malaysian sawntimber is slowly losing its pricing advantage among European buyers, particularly the Dutch, due to the rapid increase in prices of species like dark red meranti (DRM). Timber traders said at existing price levels, the country's DRM
        MBT  -  435 words
      • Article, Illustration
        Lock icon S African gold mine disaster kills 10
        57 24 Reuter VIRGINIA, South Africa Rescuers searching waist-deep in mud to find survivors on Wednesday after a wave of sludge from a burst gold mine slime dam buried people alive in their homes in Virginia, 200 km south of Johannesburg. Ten people were killed
        Reuter  -  57 words
      • Article
        Lock icon Bank loans at lowest quarterly level in more than two years
        335 24 IHT PARIS The traditional core business of commercial banks, lending money, may be on the wane, but the institutions are trying to cope by moving into new areas, a report by the Bank for International Settlements said on Wednesday.
        IHT  -  335 words
      • Article
        Lock icon International bond lending hit new record in 4th quarter of '93: BIS
        280 24 Reuter BASLE, Switzerland International bond lending reached record levels in the final quarter of 1993 despite reduced borrowing by a number of governments, the Bank for International Settlements (BIS) said. "The record volume of net new issues occurred
        Reuter  -  280 words
      • Article
        Lock icon Kuwaiti oil privatisation start of major trend: report
        220 24 Reuter KUWAIT Kuwait Oil Minister Ali al-Baghli said a proposal to privatise parts of the state-owned oil sector was the start of a major trend, the Arab Times newspaper reported yesterday. "The idea of privatising some facilities in the oil sector is
        Reuter  -  220 words
      • Article
        Lock icon Australia's Savage to buy Union Mining
        310 24 Bloomberg Business News SYDNEY Australian mining concern Savage Resources Ltd will double in size with the US$2OO million (Ss3l7 million) acquisition of Union Mining Inc. the US zinc subsidiary of Belgium-based NV Union Miniere. Union Mines, located in Clarksville. Tennessee, accounts for a quarter
        Bloomberg Business News  -  310 words
      • Article
        Lock icon UK unit trust funds hit record £99.9b in Jan
        195 24 Reutcr LONDON UK unit trust funds under management reached a record £99.9 billion (***** billion) in January, the Association of Unit Trusts and Investment Funds said yesterday. Rising stockmarket values and strong retail demand pushed levels above the previous high of
        Reutcr  -  195 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        141 24 THE USS/majors traded sideways yesterday after a sharp rally overnight in a generally USS short market scrambling for cover. Trading resumed yesterday on a cautious tone. News about an emergency press conference out of Tokyo caused another flurry of activity with the market liquidating its
        141 words
      • Article
        Lock icon London
        180 24 Bloomberg Business News LONDON The dollar fell more than one pfennig against the deutschemark in Europe yesterday as hopes receded that ihe US would raise interest rates. The dollar started its decline after the US Commerce Department said orders for durable goods rose 3.77 per cent in January. The
        Bloomberg Business News  -  180 words
      • Article
        Forecast on continued cold pushes prices up further
        176 24 Bloomberg ENERGY REPORT LONDON Brent crude oil futures prices were pushed moderately higher yesterday by stronger crude and heating oil prices in New York after a prediction of continued cold weather, brokers said. A new US National Weather Service forecast calling for
        176 words
      • Article
        Lock icon New York
        95 24 Reuter NEW YORK The dollar slackened after getting an early burst of energy on news of a surge in US durable goods orders yesterday. The 3.7 per cent increase in January durable goods orders initially fuelled talk of another possible US monetary tightening. But such talk quieted as
        Reuter  -  95 words
      • Article, Illustration
        Untitled
        1604 24 Trade~*etgkird index cakvkued atawst S'pore's top 14 trading partners. Base year 198? l)S$/S$ forward rates Noon Feb 24 s$ Bid Offer 1-moMh ***** 1.5863 :-month ***** I SMI J-morah 1.5845 1.5860 6-month 1.5840 1 5860 Sounr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at ltM m Fab 24: Singapore
        1,604 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen closes lower in volatile trade
        1323 25 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures closed lower in volatile trading yesterday. Dealers said Euroyen was volatile on the back of the wild gyrations of the dollar. "The Euroyen was tracking the movements of the dollar today," said a dealer with a European
        Reuter  -  1,323 words
      • Article
        Tin plunges 39 sen on firmer ringgit
        606 25 COMMODITY REPORTS Tiii Tin plunged 39 sen to close at MS 14.66 a kg as traders liquidated their positions after the ringgit firmed against the US dollar. "The ringgit "s rise pushed traders to liquidate their long positions and take profits. The fall
        606 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          China drought threatens crops
          111 25 HONGKONG A drought in China's north and north-west is threatening to reduce harvests of cotton and grain, the official China Daily newspaper reported yesterday. More than 6.7 million hectares of farmland across China's north and north-west could be affected by the drought, the report said. "The
          111 words
        • Article
          Cebu copper mine to stay idle longer
          122 25 SYDNEY The Carmen Cebu underground copper mine in the Philippines will remain idle for at least four more months due to damage caused by a mudslide late last month. Atlas Consolidated Mining and Development Corp president Rogelio Salazar said yesterday. However. Mr Salazar
          122 words
        • Article
          S Korea's Brazilian soymeal purchase
          55 25 SEOUL The Korea Feed Association bought 25.000 tonnes of Brazilian soymeal yesterday at U*****.9S per tonne C and F, an association official said. The meal was sold by Lucky-Goldstar and is scheduled for shipment March 22-April 10 to Inchon and Ulsan. A two-port charge of
          55 words
        • Article
          Aussie wool output forecast higher
          57 25 SYDNEY The Australian 1993-94 shorn wool production forecast has been revised upwards to 751 million kilograms from 717 million with sheep numbers higher than expected. The Australian Wool Production Forecasting Committee yesterday also gave its first estimate for 1994-95. forecasting a slight decline in production
          57 words
    • Article
      COMMODITY PRICES
      1456 25 Rubber Singapara CwmmMjf EickHfi (fitmt cMr( m it lpaQ RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Mar 94 138.75 850 Apr 140.25 225 4.400 May 142.00 4.800 Jun 142.75 142.75 143.00 100 5.250 Jul/Sep 144.75 144.25 144.50 600 4.200 Oct/Dec 146.25
      1,456 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1139 26 -21.9 RUMOURS of a tightening of interest rates, weaker bonds and a close-out of options sent the Australian stock market tumbling at the close yesterday, brokers said. Brokers said the possibility of a rate rise in the US and speculation over a move on rates by the Reserve Bank
        1,139 words
      • Article
        Manila
        612 26 -40.21 Philippine share prices fell for the fourth day in a row, weighed down by the imminent doubling of a stock transaction tax, analysts said. The Manila composite index finished 40.21 points lower at 2.956 and an analyst said they were looking at 2.830 as the next support level.
        612 words
      • Article
        Taipei
        496 26 -98.48 Taiwan's stock market gave up small early gains to close 1.7 per cent lower, undermined by a late plunge in shares of Formosa group firms after Formosa Plastics and Nan Ya reported 1993 results on Wednesday. The weighted index closed 98.48 points down at 5,670.71, off a low
        496 words
      • Article
        Seoul
        388 26 •17.86 Massive sell-ofTs of blue chips and worries about liquidity constraints dragged the stock index to a sharply lower close, brokers said. The composite stock index closed 17.86 points down at 932.15. "Concerns about squeezing money in circulation reduced institutional buying and individual investors immediately followed suit," said Ha
        388 words
      • Article
        New Zealand
        335 26 +4.03 The New Zealand share market held firm in the face of weakness on Wall Street, US Treasuries and the local debt markets. The NZSE-40 capital index hovered around its opening level throughout the day before some late buying tipped it 4.03 points higher than Wednesday's close to
        335 words
      • Article
        Bombay
        48 26 +85.44 Stock prices rose on buying by market players under the wrong impression that passenger fares and freight rates had been only marginally raised in the Railway budget being announced in New Delhi, brokers said. The Bombay Stock Exchange (BSE) 30-share index rose 85.44 points to 4,114.22.
        48 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        730 26 Britannia Funds Sfcrtiac Cash Btf Oflcr Mim ap Depot k II 6400 U 6 WO Mim Jeney Grit Alt93 ***** Mim Max laconic I 0600 I 1000 USS Cask Income Pto Fund *10 2700 ******0 PS I Rnerve Fu«d 5.2400 5 2900 0.4J92 ***** F«r Em Fund *2 7450 *2
        730 words
      • Article
        London
        665 26 -74.4 Sharp falls in bond markets tipped shares into a tailspin after worries over domestic and US interest rates and concerns over the political situation In Russia hurt an already bearish market. Wall Street was showing a 32 point loss when London closed, with US bonds down after stronger-than-expected
        665 words
      • Article
        Paris
        132 26 -43.71 French shares closed sharply lower after the Bank of France disappointed investors with a small rate cut and despite finishing above the critical 2,200 points on the CAC-40 index, dealers said nervous bonds could weaken shares further. The CAC-40 index ended down 43.71 points, or 1.94 per cent,
        132 words
      • Article
        Frankfurt
        158 26 •37.38 German shares finish official trade sharply lower, with market confidence undermined by worries about instability in Russia. The blue-chip DAX ended down 37.38 points at 2,090.29, at its lowest point of the session. Weak bunds also dented stocks. Frankfurt FH> 23 DM +/T Ac*_ 163 JO 4 20
        158 words
      • Article
        Brussels
        158 26 -15.85 Weakness on Europe's main bourses. Wall Street and bond markets, January US durable goods data and worries about Russia's political situation dragged Belgian shares through the 1.500-point support level. The Bel-20 index of leading shares closed 15.85 points, or 1.05 per cent, lower at 1.495.74 points. Dealers remained
        158 words
      • Article
        Milan
        194 26 -172 Italian stocks fell for the fifth day in a row. dragged down by caution ahead of the elections, by lower UK stock prices and by worries about Russia, traders said. But traders said they think the market's recent retreat may end soon. A broker said trading has been
        194 words
      • Article
        Amsterdam
        231 26 -7.5 Dutch stocks tumbled 1.8 per cent as investors grew concerned about rising bond yields, disappointing corporate earnings and political developments in Russia, traders said. The Amsterdam EOE Index closcd 7.5 points lower at 418.31. Twenty-two stocks declined, one closcd unchanged and two advanced. Volume was 12.14 million shares,
        231 words
      • Article
        Zurich
        237 26 -69.1 Swiss stocks fell today on news that Nestle SA won't list its shares in the United States until after 1995, traders said. Tension in Russia helped depress the mood, they said. The Swiss Market Index, or SMI, which includes the top 22 blue-chip stocks, fell 69.1 points yesterday
        237 words
      • Article
        Johannesburg
        262 26 -55 South African shares remain pressured at close as few factors offer support, dealers say. The overall index ended off 60 points at 4,756, industrial index off 55 points at 5,634 and gold index down 20 at 1,835. Johannesburg Fcfc 24 Ra»d +7INDOSTR1ALS A Mate 7250 ISO AEO 2000
        262 words
      • Article
        Toronto
        310 26 -22.27 Stocks plunged across the board in early trading along with weaker Canadian dollar and bond markets yesterday. dealers said. The communications and media group led the market's freefall followed by consumer and industrial products. The TSE 300 composite index sank 22.27 points to 4,346.08 on volume of 15.87
        310 words
      • Article
        New York
        836 26 -27.01 The Dow Jones industrial average was down 27.01 points to 3,864.67 at 11 am EST yesterday. The New York Stock Exchange composite index was off 2.01 to 259.12. while the SAP 500-stock index was down 3.76 to 466.93. Declines pounded advances 1,520-343 among the 2,469 issues crossing
        836 words
    • Article, Illustration
      Lock icon HONGKONG
      2789 27 Reuter HONGKONG Stocks ended sharply lower yesterday on renewed selling triggered by a decision to press ahead with local political reforms, brokers said. The blue chip Hang Seng Index tumbled 331.21 points, or 3.08 per cent, to close the day at 10,432.02 shortly after hitting a low of 10,403.
      Reuter; Source: Bridge Info  -  2,789 words
    • Article, Illustration
      CHINA
      470 27 THE CLSA Shanghai B added 24.92 points to 944.90 on improved turnover yesterday. Overseas buying pushed up Erfangji, Jinqiao and Phoenix by 4-7 per cent. Wing Sung and Vacuum also put on 5.4 and 4 per cent respectively on slim volume. Chlor Alkali which was actively traded by local
      470 words
    • Article, Illustration
      Lock icon TOKYO
      2428 27 Reuter TOKYO Stocks ended sharply higher on active dealer buying and overseas purchases yesterday, with volume heaviest since Feb 8. Sentiment was helped by hope that the trade standoff between the US and Japan might see some improvement soon, stabilising currencies, brokers said. The 225-issue Nikkei Stock Average closed
      Reuter; Source: Bridge Info  -  2,428 words
    • Article, Illustration
      Lock icon BANGKOK
      1526 27 Reuter BANGKOK The Stock Exchange of Thailand (SET) index dropped 11.11 points (0.78 per cent) yesterday to close at 1,419.54. Trading remained skimpy with 86.6 million shares worth 6.8 billion baht changing hands. Declines swamped advances 188 to 94 with 65 issues closing unchanged. One broker said investors were
      Reuter; Source: Bridge Info  -  1,526 words
    • Article, Illustration
      Lock icon JAKARTA
      1126 27 Reuter JAKARTA Share priccs closed mixed in moderate trading yesterday, with the release of a few yearly financial reports on individual counters helping to stem the market's downward trend, dealers said. The official index ended 0.64 points higher at SS2.S2. However, dealers said the reports did not come from
      Reuter; Source: Bridge Info  -  1,126 words
    • Article
      CLOB INTERNATIONAL
      2859 28 MOST ACTIVE volumt Promet 18.651.000 B Rava TSR97 12.834.000 AMDB 50c 10.883.000 Mm H>d 50c 9.859.000 B Rava 9.739.000 Lien Hoe TSR97 9.011.000 Mulptia Intl 50c 8.688.000 Slenang Coq> 8.480.000 Kamuming 50c 8.453.000 Jolian Hldgs 50c 8.371.000 Sn Hanamas 8.164.000 Renong Bhd 50c 7.*****0 Pegi Msia 7.474.000 MOST
      2,859 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks rise as falling ringgit lures foreign players
        5884 28 Bloomberg Business News KUALA LUMPUR Malaysia's benchmark stock index rose as foreigners took advantage of the local currency's weakness to buy blue-chip stocks yesterday, analysts said. The Kuala Lumpur Stock Exchange's Composite Index gained 5.36 points, or 0.47 per cent, to close
        Bloomberg Business News; Source: Bridge Info  -  5,884 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7137 29 Gr O 1993*4 Last Vd Day Last Qmh Db UtYM N« M Caa High Lm Coapaay Sri* CM) High Law Bayar Sdlar CV F/l Wl MDUSTMAL ANO COMMERCIAL 1440 2*0 I Acma 1130 -20 10 1140 1130 1130 1140 12.3 2.1 I.I 419 771.9 740 220 I Ate* Hidp 50c
        7,137 words
      • Article, Illustration
        Lock icon Prices dip as investors sell in reaction to Budget
        1836 30  -  By R Sivanithy SINGAPORE After gaining more than 70 points or almost 3 per cent in the first three days of the week, the Straits Times Industrials index dipped sharply yesterday, as disappointed investors withdrew from the market after the Government
        Charts by Bridge Info; Source: Bloomberg  -  1,836 words
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      359 19 NEWS VALUE How today 's ne*s might affect your stocks Spore to guarantee terms of Suztou, Shondong prefects (PK I) Bullish for Keppel which is leading the consortium developing the Suzhou township. Members of the consortium include SS Land, Liang Court, Lum Chang, Wing Tai, C cntrepoint, CityDev, DBS Land,
      359 words
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      25 20 Iff. We >/■>... Jm f IMSggf Korea! l .v* v ij Be Sure To Get Your Copy Today! I Universal Publications Agency Ltd 54 Kyonji-Dong, Chongno-ku
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      Page 20 Advertisements Column 2
      31 20 FINANCIAL NEWS A quick look at the markets Call 24 hours a day for mid-day reports of SES KLSE and closing reports of the world markets. Cost: 30 cents per minute
      31 words
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      Page 20 Advertisements Column 3
      86 20 Trends America's loss of credibility This month's Trends, published with tomorrow's Business Times, features two articles dealing with US foreign policy: one looks at recent American indecisiveness, while another examines America's post-Cold War proclivities. Other articles include: The rhetoric of "Asian renaissance" Are the days of ideology over? Uncertain future
      86 words
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      75 22 »i ••*'?7 s -?.4V 7' i I (*J 111 •IVK]| k I JKX^H i L. A M :y^SptiS# YELLOW PAGES. YOUR BUSINESS BUILDER fK~I I JA I I I TO BOOK YOUR AD WALK-IN TODAY, OR CALL 1800 296 1633. I L^J LAST DAY FOR BOOKING: 1 MAR' 94. f
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      660 23 SALE OF CONSERVATION SHOPHOUSES IN CHINATOWN AND LITTLE INDIA J I I IM IUdM: Following the earlier sales of conservation shophouses in Chinatown and Little India, 12 parcels have not been sold. They are now being re-offered to the public who are interested in purchasing shophouses for conservation in these
      660 words
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      233 25 _B__y_S INESS TIMES TOLL-FREE TEL No. 1-600-741-1883 FAX 74t-H9a LOST SHARE CERTIFICATES The following Share Certificates/*together with the reievant signed transfer deeds have been reported lost or destroyed:ACMA LTD Certificate No. In the name of No. of Share* *****26 083 Nominees Pie Ltd 1 X 1.000 HONG FOK CORPORATION LIMITED
      233 words
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      Page 25 Advertisements Column 2
      32 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. fssssa offers the most I s ctlfT€tlt frlUto/Job H= opportunities Bp avoiloble*
      32 words
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      19 27 E*ttf4*wd tfnca 1819 ANTKLERESTATE Shangri-La hotel StockktotQlA. CmMtdDkmonk Tel' 732 5689 (LmtrNurtbtnd) PATBCPHUPPE 2canasMdbo¥am!dmmtttm Manufacturing jeweHars since 1919 CHRONOGRAPH
      19 words
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      97 28 mm m>® M®oBg 30 shuttle ui* preciaon tuner and 6CD changer 3553 Pou*r Amplifier 4<hannef power uith enough pace to power 5952Z CD Changer (nksc CD shuttle nth dual 20-ba hvbnd DAC andB- 6066 EX Component Speakers 12CW of natural sohd sound for pure power L nom subwoofen High power
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      Page 28 Advertisements Column 2
      13 28 MAKE THE MOST OF YOUR MONEY with Personal Finance and Investment on Saturdays
      13 words
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      630 30 IN THE MATTER OF THE COMPAMES ACT, CAP. SO AND IN THE MATTER OF FERRO SOUTH EAST ASIA PTE LTD (In MaaaDiia 1 Voluntary LiquMMlen) NOTICE OF RESOLUTIONS At an Exlraordinaiy General Meeting of the members of the atoowenawed Company duN convened and heid at 1000 Lmaside A venue. Cleveland.
      630 words
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      Page 30 Advertisements Column 2
      335 30 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 M THE MATTER OF THE COMFANKS ACT, CAP. 90 AND M THE MATTER OF FOOO UNLIMITED PTE LTD (In Cndßenr MM| Liquidation) Modes of Appointment ind situabon of Office of Liquidators Nut* of Company: Food Unlimited Pte Ltd Company No.: *****4660* We, Ewe
      335 words
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      Page 30 Advertisements Column 3
      329 30 IN THE MATTER Of THE COMPANIES ACT. CAP. SO AMD M THE MATTER OP HMATE (SINGAPORE) PTE LTD (In Members' Voluntary Umdd— on) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act. Chapter 50, Ihat a Final Ganaral Meeting of tha abovenamed Company wiK ba held at
      329 words
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      Page 30 Advertisements Column 4
      488 30 IN THE MATm Or THE COMPANIES ACT CAP M AND IN THE MATTEB OP RANCBMEX TRADING fTE LTD NOTICE OP SPECIAL BESOLimON FOB MEMBERS' VOLUNTARY WINDtNG-LT At aa E—<— > fcaerai meetiag of te n»t<n of Ac ahnvr aamril Coapaay. (My —aj ud hckJ at 190 Middle Road #13-01 Fortuac
      488 words
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      Page 30 Advertisements Column 5
      381 30 SINGAPORE STAR PUBLICATION PTE LTD (la fben' vl—tary Hqaidati—) NOTICE OF FINAL MEETING Notice is hereby given pursuant to Section 308 of tfae Companies Act, Cap. SO that the Final Meeting of members of the abovenamed company will be held at 135 Middle Road #05-13/14 By lands Buikiing. Singapore 0718
      381 words
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      Page 30 Advertisements Column 6
      225 30 NOTICE OF WINDING-UP ORDER In the Matter of THYE LiAN COMPANY PTE LTD. Winding Up Order made on the IBthday of February. 1994. Name and address of Liquidator The Official Receiver of I Colombo Court, #04-17. Singapore 0617 AQBAL SINGH A PARTNERS Solicitors for the Petitioner TIE COMPANIES ACT, CAf.
      225 words
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  • Shipping Times
    • Article, Illustration
      Lock icon Newbuilding orders up 3.5pc in 4th quarter
      418 31  -  By Rahita Elias SINGAPORE The order books of shipbuilders worldwide continued to fill up further in the final quarter of 1993. According to the December 1993 issue of Lloyd's Register's Merchant Shipbuilding Return, yards had orders to build ships totalling 39.2 million gross
      Source: Lloyd's Register  -  418 words
    • Article
      Lock icon Study puts US Coast Guard in dilemma
      253 31 Seatrade Week Newsfront NEW YORK The US Coast Guard's (USCG) proposals for retrofitting existing single hull tankers have been thrown into total confusion following a study by Herbert Engineering. The agency managed to ignore the San Francisco company's earlier study showing double hull
      Seatrade Week Newsfront  -  253 words
    • Article
      Lock icon Seattle lifts ban on firms with S African links
      181 31 UPI SEATTLE Port of Seattle commissioners unanimously voted on Tuesday to lift their ban on doing business with companies that do business in South Africa. A resolution ending the sanctions was approved by the commissioners at a meeting at the Seattle-Tacoma
      UPI  -  181 words
    • Article
      Lock icon Sydney port dispute deadlocked
      128 31 Reuter SYDNEY A port dispute that has halved the handling capacity for containers and conventional cargo in Sydney remained unresolved on Wednesday as a government deadline for settlement loomed. Since Sunday Australian Stevedores, Australia's largest stevedoring company, and the Maritime Union of Australia have been holding
      Reuter  -  128 words
    • Article, Illustration
      Lock icon Thai carrier's fleet of bulkers set to profit from rising freight rates
      869 31 Llovd's List BANGKOK A precious niche is the justification for a top broker to recommend that investors buy shares in a Thai shipping operation that is only three years old. Precious Shipping (PSL), which came to the Bangkok
      Llovd's List  -  869 words
    • Article
      NOL sets up liaison office in Beijing
      181 31 SINGAPORE National carrier Neptune Orient has set up a liaison office in Beijing. The company said yesterday the office, headed by Sherry Bao Shiquan. would focus on forging closer tics between NOL and various Chinese organisations. It will also serve as a resource
      181 words
    • Article, Illustration
      Keppel Integrated Engineering companies get ISO 9000
      117 31 SINGAPORE Three companies in the Keppel Integrated Engineering group have achieved ISO 9000 status. Keppel Engineering has obtained certification for the fabrication and erection of steel structures and associated mechanical and electrical works. Sister company Keppel Automation has obtained it for the supply,
      117 words
    • Article
      Lock icon Bremer Vulkan denies claims of financial scam
      286 31 Lloyd's List HAMBURG Bremer Vulkan has rejected claims of financial irregularities in handling the restructuring of its cast German acquisitions, in particular MTW-Werft in Wismar. Claims that the German shipyard group had siphoned millions of deutschemarks from the funds provided by Treuhandanstalt, the
      Lloyd's List  -  286 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1115 31 Page Col ABC Containerlinc 12 5 Accord Group 8 1-3 Africa Container 16 4 Ahrcnkicl Liner 4 1/2 AOE Shpg 15 4/5 ANL 3 1/2 APL 5 3-5 Appenship 8 4/5 Arabian Express 15 5 ASCL 5 5 ASXCL Shpg 15 2 Avant
      1,115 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        581 32 Voy Ho Berth Arrival Departure Veswt Voy No Berth Arrival Departure Jurong Port Sumber Maiu *****4 P01A alongside 24 02/2300 A"an* 001 117/18 alongside 25.02/1200 S«end Gold 9401 P08B alongside 25.02/0500 Ayu/8 13 alongside 2102/1200 Union 438 P03 alongside 2*02/1500 Chios Harmon* J18/19 alongside 25.02/1500 Xin long
        581 words
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        CONTAINER SCHEDULES
        1519 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booknf/Bjbnce Rstts Ship Voy No Etb/Btr Period From To From 0498 25/2000 1 24/1500 24/1659 24/1900 2 24/1700 25/0659 25/0900 AtottwH 125N 26/2300 2 24/1700 25/0659 25/0900 4 25/1200 25/1459 25/1700
        1,519 words
    • Article
      THE SHIPPING GUIDE
      11147 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      11,147 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      544 47 Cartxw Carton February 17 Density Water Residue Ash Mumnun Sedmnt Density Water Residue Ash Ataman Sedmnt M/M 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 80/Cimac Units Spec E25 991 1.0 15.0 0.10 30* 0.10* E|$,OT 180 Ave
      544 words
    • Article
      DAILY FREIGHTS
      1101 47 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1.123 on Wednesday from 1.127 on Feb 22. Confirmation of concluded business on the major US Gulf to Japan grain route remained difficult to obtain with rumors of weaker rates being paid. Hanjin was linked with
      1,101 words
    • Article, Illustration
      Lock icon Many helping hands for China's aviation woes
      986 48 Major aircraft makers, anxious that China's inadequate aviation system will not damage their business prospects, are rushing to offer their training and know-how Bloomberg Business News WITH China's aviation system woefully short of pilots and air controllers. the world's major aircraft makers are
      Bloomberg Business News  -  986 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Sextant Avionique unit opens customer support facility
        300 50  -  By Alec Almazan SINGAPORE Sextant Avionique Asia, the Singa-pore-based subsidiary of French avionics giant. Sextant Avionique. formally opened its USSIO-million (SS 15.8 million) customer support facility here on Wednesday. The purpose-built facility "will provide total quality service to all its customers in the
        300 words
      • Article, Illustration
        Lock icon Before I fly round the world
        56 50 Reuter MOSCOW Vleg Lyakisnev, the commander of the Li-2 plane crew, answering a journalist's question in Moscow's khodynka airfield on Tuesday. The Russian crew will take off for a round-the-world flight by the end of this month on the Li-2 plane rebuilt by the
        Reuter  -  56 words
      • Article
        Lock icon PAL asks Airbus to cancel deal for new jetliners
        512 50 Reuter MANILA Philippine Airlines had asked Airbus Industrie to help broker a deal allowing it to cancel orders for two A340-200s and buy four to six secondhand aircraft. PAL chairman Carlos Dominguez said. Mr Dominguez said PAL wanted to acquire used
        Reuter  -  512 words
      • LOG BOOK
        • Article
          CFM engines to power Airbus A-321s
          72 50 SINGAPORE Airbus Industrie has obtained a European Joint Aviation Authority (JAA) eertification for the CFMS6-5B engine to power the A-321. paving the way for passenger service. Italian carrier Alitalia, which has ordered 40 A-3215. will be the take delivery of the first CFM-powered aircraft
          72 words
        • Article
          Lock icon Mesa joins bid for America West
          89 50 Bloomberg Business News PHOENIX Mesa Airlines Inc said it will join an investment group led by Fort Worth financier David Bonderman in offering more than US$2lO million (*****.9 million) to bring America West Airlines Inc out of bankruptcy. America West's board had until midnight
          Bloomberg Business News  -  89 words
        • Article
          Lock icon Record speed for Japan's maglev train
          90 50 AFP TOKYO Japan's magnetic levitation high-speed train has set a new speed record of 423 km an hour during a test run in Hvuga in southern Japan, officials said on Wednesday. The officials from the Railway Technical Research Institute of the Japan Railways group
          AFP  -  90 words
        • Article
          Lock icon Brazil's Varig in Macau air talks
          86 50 Reuter HONGKONG Officials from Brazilian flag carrier Varig are in Macau for talks on landing rights. Lusa news agency quoted official sources in the Portuguese enclave as saying. The officials will discuss Varig's use of Macau's 7.3 billion pataca international airport set for completion
          Reuter  -  86 words
        • Article
          Lock icon Brit Rail bidding for own franchises?
          75 50 Knight-Ridder LONDON The United Kingdom's national railways group. British Rail, plans to bid for its own franchises when the government privatises the network, according to a report in a Financial Times on Wednesday. "The view of the BR board is that it will bid
          Knight-Ridder  -  75 words
        • Article
          Lock icon UAW sets GM strike deadline
          68 50 Reuter DETROIT General Motors Corp said the United Auto Workers union issued a five-day strike deadline for the company's Oklahoma City assembly plant. The union notified GM that about 4.300 members of UAW Local 1999 will strike at 1600 GMT on March 2 if UAW
          Reuter  -  68 words
      • Article
        Lock icon Spain's airline soon to complete Aerolneas takeover
        503 50 FT LONDON The governments of Argentina and Spain are expected to announce soon that Iberia, the Spanish national airline, will complete its takeover of Aerolneas by lifting its stake to 85 per cent from 30 per cent. This will wipe out about US$7OO
        FT  -  503 words
      • Article
        Lock icon Northwest Airlines to train Chinese pilots
        177 50 Reuter HONGKONG Northwest Airlines will train 250 Chinese pilots from five carriers to help ease the country's acute shortage of skilled pilots, a senior airline official said on Wednesday. Pilots from China Southwest. China Eastern, China Northern. Shanghai Airlines, and Xiamen Airlines will take
        Reuter  -  177 words
      • Article
        Lock icon Flying backwards gets thumbs up
        384 50 NYT TOKYO Passengers aboard aircraft feel more comfortable in seats that face the back of the plane and would rather be fastened in with a shoulder-to-waist scat belt, according to a Transportation Ministry-affili-ated organisation on Wednesday. The finding surprised researchers because seats facing backward cause
        NYT  -  384 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1722 50 Cl£ F—ht ct* n» CTD_ Aba MiaM GA970 2240 GA928 2355 GA976 2359 AtMaMc QF81 1930 QF82 2050 SQ227 2230 Amsterdam KL843 0745 KL838 2335 KL837 1540 SQ26 2355 SQ323 1815 GA976 2359 Atlmis SQ348 2250 Auckland NZ35 1645 SQ285 2045 SQ288 2035 BA12 2200 Bahrain
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      446 32 TSKUNE AGENCIES (S) PTE. LTD. #HBW |4 *T IXJTI 226-3363 □CSI 1 tkJf Jlk« JJLCMrL Fax: 226-1972/3 CftfV/7 Tlx; RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I Imam m jy-j PACIFIC MO¥l 021* 23.02 *25.02 25 02 01.03 05.03 07.03 1103 1203 12 03 13 03 C. MEUCWY
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      779 32 !SvT!! ■^H"**' l x^" e f t y"l" TS *S i r bs: «J ttM, !V?^SS^S l fSiS''Hffl J!' l l !S m.p^ bsEias—a I ,;i;;hi 1 -11 ft I n Idsi I hlrsTl If— ~"1 1 5»;.-- r: ju MK_|nmn ran I rro mmi I km Ihmtlmbl i« mil
      779 words
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      2390 33 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES JAROINE SmPPINQ AGEMIESSDN BHD. TEL' *****13 FAX: *****42 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) T f 6241 FAX: *****1 CFS TEL *****6 BOOKINGS TEL: *****60 *****81/ *****82 IP 9 H JEL: M2TO/4 FA* *****06 CFS (PSA F5) TEL:
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      1020 33 ■Biimwi EFFECTIVE 25TH FEB 94 MAERSK LINE WILL COMMENCE VESSEL CALL AT BRANI TERMINAL FOR MORE INFORMATION, PLEASE CALL: FOR IMPORT IMPORT DOCUMENTATION AT 224-0505 FOR EXPORT TELSERV DEPT. AT 228-6611 V«**•< Voy ETA ETC Faadarad by S LaurU Laaron nrn-raiinmm it A mm DESTINATIONS Th» W« MAREN MAERSK V
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      1444 34 AOABA R OAM/1 li ALSO ACCCPTMG FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H'BURQ A WERP HAVRE VYEST MALAYSIA HOECHST EXPRESS 13/307 26/2 7/3 14/3 16/3 19/3 21/3 23/3 Poft Keiang. Penang DANUBE 12/108 2/3 19/3 22/3 20/3 Pasir Gudang STUTTGART EXPRESS 02/308 5/3 14/3 20/3 23/3
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      615 34 FCL Breakbulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for alt services C.I.S.- Vootochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ned Hoorn V 2034 01/3 02/4 Ned Africa
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      1294 34 NORASIA BCL' VAL* LHA HAM BRE4 FEL I NORASIA SAMANTHA MO7 3 24/02 18/03 23/03 24/03 2C/03 21/03 22/03 23/03 24/03 2S/03 NORASIA SUSAN 9408 3 03/03 23/03 26/03 27/03 27/03 28/03 29/03 30/03 31/03 01/04 I NORASIA SMGA 9409 3 09/03 30/03 02/04 03/04 03/04 04/04 05/04 06/04 07/04
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      1695 35 M STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 mw qimha pacific Ln*g BCHVKS* OF CHMA NAVIGATION CO) CARGO DUE SAR.S ISfJ llb 24 W f-1 24 Ft 27 F-> FCL, LCt COMTAIMER AND BNSAKMM.K SCRVtCE TO PAPUA NEW OUMEA STRUTS
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      Page 35 Advertisements Column 2
      2506 35 SINGAPORE AGENT: PXif 1 MO Container* (Singapore Agencies) Pie Ltd d 10 Hoe Chiang Road #07-01 Keppel Towers, Singapore 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 W* CR Number: **********0Z import E^.o W EfWEEI ira a r EDINBURGH MAERSK 9404 25/02 26/02 28/02 19/03 20/
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      8 35 HO CHI MIHH TEL: *****26 FAX: *****27 LENNON
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      Page 35 Advertisements Column 4
      28 35 VCMCL ETA ETO DCSTMATION •ONO TKN S M/U w/os HO CM HNNH tUMBCT TO WPUCmEMTI VIETHONG SHIPPING PTE LTD TEL: 22S 1511 FAX: 225 0633 TLX: R*****1 VIETHK
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      602 36 GENERAL AGENT CR NO *****81-***** ifik EKA JAYA AGENCIES Vir TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE □jttAHMAH TBAPE PAPER I HANOPHONE/DWECT whiiam wet »«a»M MAWOJ I I"" 7 HO cm IWNH CITY henry wot LUBKM 727Mae/w«i«4 HUB CHAN moos MnfflßH ►TO MYANMAR/YANGON K SEMI CONTAINER SERVICE
      602 words
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      Page 36 Advertisements Column 2
      1639 36 OHANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FDR VSI 5 I UNI HAU St A YVR POX WH SA ]LK HAUL SH U MC HANJM KAOHSWNG 01SE 25/2 DKCT 17/3 11/3 U/3 NAIUN KAOHSUNG 015£ 25/2 II mtftSS 031E 31/3 1/4 3/4 HAW*
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      Page 36 Advertisements Column 3
      1495 36 —k'i—l-Tp-NI -ThTß^ Im scr nt «c uc ns m on ki w no tu ae u nc in n» mm n» rs at m I &<*» «Ml i/l 2/1 7/3 9/3 U/I 14/3 IS/3 17/3 11/3 20/3 19/3 31/3 IV4 15/4 lt/4 2t/4 27/4 2*/4 29/4 31 4 10,5 20/5
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      2598 37 [p—MMMi II I sex:'CALIFORNIA MERCURY 59E'eta sqp 02/03/94 II II 3SSIS I ARRIVING LOS ANGELES 19/03/94 IN 16 OAVS II II I AEX: HAKONE MARU ME' ETA SGP 02/03/94 II II I ARRIVING NEW YORK 26/03/94 IN 23 DAYS HI EXPORT TO: RSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US
      2,598 words
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      Page 37 Advertisements Column 2
      1067 37 A I MULTILINE SHIPPING PTE LTD ■V (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 y±=±\ BOOKINGS: *****64, *****51, *****31, *****13 < N BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 BIASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****57 INVENTORY: *****59
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      1543 38 AS AGENTS: "I" LINE (SINGAPORE) PTC LTD (Cll No: G*****0000M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 T IWT MALAYSIA "R" LINE MARITIME (MALAYSIA) SON IHO TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SARANA LAIIT INTEANUSA, TEL: JKT *****08 rimm H. AMEwcA-mcffic SOUTH-WEST n
      1,543 words
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      Page 38 Advertisements Column 2
      759 38 ©APPENSHIP /Q\ HAMBURG ITT) CONVENTIONAL A INDEPENDENT LINER SERVICE V—' EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS 10ADMG PORTS DtSCHARGE/IOAMNG FOR UNISON HAM 31/01 ANT 05/02 SPORE 11/03 BKK. LAEM ■NZHENCR PARKHONVUK KLP 09/02 TGN 21/02 TRT 02/03 SPORE 02/04. HUANGPU/XINGANG HONESTY S2E 16/02 HAM 22/02 SPORE 22/03.
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      Page 38 Advertisements Column 3
      292 38 1 GOLDEN LINE A V/ocV GUAN GUM shpmng \JSiSi (PTE) LTD 1 23, T«Wi Ayar Skwt SMGtfOK (1M TR: ***** M (10 LMES) Fa: 5J***** (CS lb IOI2MMNM) ■TRAITt/mtHAW OULF lUTICT S pore P Ketang Penang GOLDEN KM Karachi Onto 14/15 Ma TRNX CMCE Karadk Dvte S/t Mar CHIMA lUYICI
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      1029 39 PACIFIC INTERNATIONAL LINES (PTE) LTD 1 I 140 Cecil Stre€t #03 PIL Building, Singapore 0106. Cfl NO: 100e*****00£ r 7 KiAliXAlillaK j..«r s 1 f—i ill M I iHI i 1* VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN vati IUR ft room 77/9 MAJAPAWT 41S1 27/2 2/3
      1,029 words
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      Page 39 Advertisements Column 2
      1327 39 VESSUS VQT ""ST" Mint BOTTERPAM AWTWCRr THAHS U HARtt WLU PI MMW 7032W a/02 21/03 23/03 14/03 25/03 20/03 Will DAQUR.A 7532W 00/03 01/04 03/04 04/04 05/04 00/04 WIU P HYDRA 0232W 10/03 00/04 10/04 11/04 12/04 13/04 Will DC im 7737W 15/04 17/04 lt/04 H/04 20/04 •ALSO ACCEPT* CARGO
      1,327 words
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      Page 39 Advertisements Column 3
      397 39 I BSA jiT M MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'poro P.KI| Pen P.Gdf LASWO VIM* ki Port HP A AN VIM* In Port SAGAMG V33W 20/2 Mar PAGAN V2O7W 7/9 Mar MAUrSA AGENTS BOUSTIAO SMPPtNC AGENCES KUI: m 03-2417)00 PKL: TO. 03-34K757 rat ra
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      1021 42 ,@-{@|>~.+"({@,-_>}+.@`%++(_$__ /Cnorbul!^ I NORBULK CARGO BERVICEB LTD. 1 I REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES YMA 5/3 NAN/FIU/ANT/UK I MLAGRO 13/3 20/3 ROT/ANT/UK I ISP PK LOADMG FOR I NORBULK TBN 13/3 DBN/CT/EL I ALSO LOADS TG MANI AND KK I PK SWK/SABAH LOADING FOR NORBULK NAMIR 10/3 XIAMEN/SHANGHAI
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      Page 42 Advertisements Column 2
      176 42 TO AUSTRALIA/NEW ZEALAND [35 Sk Frwi IMk Sr* 5 ra* c krouc sm 573" ii/i i»/i w» ~v7i 573 unworn s« 373 iiTT w/« ~wi =5374 am HUDH ]35 11/4 11/4 M/ 4 17/4 i/5 *75 ■una »7 573" u/s 3575 VIA AUCKLAND TO USA/CANADA *5 S S55T| cmrtwiil mui»hii
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      686 43 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 28/2 ROTTERDAM 28/2 AARHUS/COPENHAGEN 28/2 HAMBURG/BREMEN 28/2 MARSEILLE/FRANCE V 3 FELIXSTOWE/UK 28/2 BARCELONA/SPAIN 28/2 LEHAVRE/FRANCE 28/2 GENOA/ITALY 28/2 ANTWERP/BELGIUM 28/2 LOS ANGELES/WC/PI 27/2 SYDNEY/MELBOURNE 26/2 NEW YORK/EC 4/3 FREMANTLE/ADELAIDE 26/2 VANCOUVER 4/3 BRISBANE
      686 words
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      Page 43 Advertisements Column 2
      1018 43 n§f§gp|n^Dl3Hi ~T M pBBI^^^32nZ3M—M nil 111 |l^^—3 VbSSfcL Y *"I VESSEL VOY BM FEN Rr I BMUM 5? Fri_JNPT__Tw 1/3_ QCJA BHUM 4533 W IFT ~~S«t j 2S/2 VESSEL VOY SIN UK 1 BHATRA BHUM IfS tot 2S/2 W«d 2/3 THANA BHUM 23N Fri IN FT Sun 27/2 ■1 VIRA
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      Page 43 Advertisements Column 3
      637 43 Guaranteed Sailings to.BANGKOK LAEM CHABANG JAKARTA PORT KELANG •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINATIONS IIBiIIIIHIIIBIIHIIIIIIWIt IHHIII—^MI Qa RICHFIELD MARINE AGENCIES (S) PTE LTD H TEL: *****33 (12 Lineo) EL FAX: *****15/*****03 m| TELEX: RS ***** RISHIP (3
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      1734 44 MABMN CONTAINER LINES, INC I -KV\"l AoenU: MAC-NELB SPORE: *****22 (24 UNEB) (PANAMA) v l W V 'cm Not IMM7MOOOI SIBU (064) *****9 KUCHINQ (082) *****3 PENANG: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5
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      1001 44 I THONG S OON UNES PTE LTD 1 I C JC J 78 SHCNTON WAY #10-01, SINGAPORE 0207 I I >/ TEL: 227-5088 FAX: 227-6011 I TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK niUL W SPORE PEST VESSEL |VOT ISPORt IDEST pSP iJnr ,T/!r
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      707 45 ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAK BULK SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOVA. MOI. TOKYO*. MAMI.A* DAVAO' Penang" P Kelanj Singapore E'Msia* SHAPtAEVERETT VI9E 02/03 Mar 05/06 Mar IVYEVERETT VBE 02/03 Apr KARABEVERETT VI6E 10/11 Apr 12/13 Apr ACCEPTING BREAKBUtK FCL SOC CARGOES TO FROM CHITTAGONG. CALCUTTA AND
      707 words
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      232 45 131, GLOBY NAVIGATION SWfH to£4bi* IMS a 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 VII 20/2 22/2 27/2 GLORY SELATAN V 15/2 22/2 25/2 SP PKL HCM HK KAO GLORY SELATAN IX 29/2
      232 words
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      Page 45 Advertisements Column 3
      640 45 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE VESSEL VOT KARACHI KACHAN (BNKC) 106 HW 01/03 09/03 jjjjgjjl 145 HW 05/03 15/03 HYDERABAD 127HW IS/03 24/03 BOIAN 139 HW 28/03 06 04 FAR EAST CONTAINER SERVICE ONLY VESSEI VOT SIN HKG BSN OS* NAG TOW SARGOOHA 140 OW 04/03
      640 words
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      Page 45 Advertisements Column 4
      747 45 iLlUHSlllMilill FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/CAPETOWN/ LAGOS/P. ELIZABETH VESSEL SIN DURBAN P ELIZABETH CPT LOS VI HE 96 26 02 13/03 14/03 15/03 22, 03 SHUN HE 101 11/03 25 03 26/04 28 03 05/04 TAO HE/82 26/03 10/04 11/04 13/04 20,04 JIAN HE 82 1 1 04
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      230 45 SIN FAR EAST 01/03 KEELUNG/KAOHSIUNG 26/02 BANGKOK 27/02 MANILA/CEBU 26/02 JAKARTA/BELAWAN/SURABAYA 28/02 PORT KELANG/PENANG/E. MALAYSIA 27/02 BUSAN 27/02 TOKYO/YOKO/KOBE/NGO/OSA 27/02 HONG KONG SIN CHINA 27/02 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S!N EUROPE/UK 01/03 LDN/FLX/LVP/SOU 01/03 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 27/02 LOS ANGELES/NEW
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      821 46 Handling System Co. Pte. Ltd. 138 138, Neil Road, #03-00, Singapore 0208 TT7 TT7 CFS-20, Gul Road, Singapore 2282 Tel: 02-*****28 Handling System Co. Sdn. Bhd. N0.9 Cungah, ***** Port klang, Selangor, Malaysia 24th Floor, UMBC Main Building, ***** Kuala Lumpur, Malaysia Handling System (HK) Co. Ltd. Wing Onn Centre,
      821 words
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      Page 46 Advertisements Column 2
      432 46 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 27 FEBRUARY (Accepting to all N«w Zealand porta) PENANG 28 FEB JAKARTA 01 MAR PORT KLANG 04 MAR HON6KON6 27 FEB MELBOURNE 03 MAR SYDNEY 03 MAR FREMANTLE 27 FEB BRISBANE 03 MAR AOELAIOE 01 MAR 05 MAR I 'ACCEPTING TO ALL
      432 words
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      Page 46 Advertisements Column 3
      583 46 Next Week's Sailings Singapore Toi ETS To: ETO TSJKSKBS IN Singapore Singapore *****02 BYLJtQA EVERY EVERY Bangkok SUN Jakarta SUN Hh EVERY EVERY IX2^ Manila SUN Ho Chi Minh FRI ||Jj o>| ""every EVERY j Colombo TUE Limassol THUR f A ■ITEMIATIONAI SEA FREIGHT FORWARDMG MM Tel: Fax: r AJO
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      Page 46 Advertisements Column 4
      68 46 >: m NIPPON EXPRESS: Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACH)/NEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/"; FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI. SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart Singapore
      68 words
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  • Page 47 Advertisements
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      Page 47 Advertisements Column 1
      1180 47 CRYSTAL FREIGHT SERVICES PTE LTD Mtuwm I wr mummwimiiii i iumpt BANGKOK 27/2 AUCKLAND 6/3 ANTWERP 28/2 BUSAN 5/3 ADELAIDE 4/3 FELIXSTOWE 5/3 HONG KONG 2/3 BRISBANE 3/3 HAMBURG 28/2 JAKARTA 1/3 4/3 ROTTERDAM 28/2 SURABAYA 1/3 E 4/ KEELUNG 1/3 SYDNEY 4/3 KAOHSIUNG 1/3 J KOBE 27/2 OTHER PORTS
      1,180 words
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      Page 47 Advertisements Column 2
      213 47 /Xs CEYLON SHIPPING CORPN rcigg/ Notional line of Sri Lanka CONTAINERISED SERVICE TO UK AND NORTH CONTINENTAL PORTS wui ct camra Tixn v/tt u/m h/m n/w n/w Wii PI AQMU n&U W/M H/M M/M M/W «04 h/w wum n-mmtkm mw-i u/ti u/n "T~ ffli cwm m* n/u n/K ■MM SMOKTHt
      213 words
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      Page 47 Advertisements Column 3
      263 47 5C ONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.26 2Sf l4 VOT MONTEVIOCO| **NOS DURBAN JAKARTA SMOAPORE ImMMMT KAOOSMMA YOKOHAMT Htl AvrIrVORHS iM BAAED BAB.ED SAAEO T/S Spar* SAILED SAILED »ARfP 18-18/02 PtKABm,T §*®L SAILED 08-18/02 28/02 12 20/08 28/08 28/03-02/04 04AM W. KRUPSKAYA EROS 24/02 28/0208/08 18/08 08-07*4 12/04 ~TTTi%
      263 words
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  • Page 48 Advertisements
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      Page 48 Advertisements Column 1
      380 48 HWTH PHttFWNfcB FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA I VIGOUR SINGAPORE 9408N 18/02 ~WO2 VIGOUR SINGAPORE 9408 AN 21/02 26/02 I LOAMNG EVERY VIGOUR PACIFIC 9409N 25/02 05/03 "1 n,IDAY AND AY VIGOUR PACFIC 9409 AN I 28/02 05/03 1 VESSEL VOYAGE SINGAPORE GENERAL SANTOS DAVAO CEBU VIGOUR LUZON
      380 words
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      Page 48 Advertisements Column 2
      332 48 `{$"|?{<,.%\'\_||&(.'}$<[.)`=+" DLT CONTAINER LINE I SERVICE TO CIREBON (WEST JAVA) I S<n I Cbn T T Cbnl SlrT V——l Name Voy I Eta 1 Eta Voy Etd Eta TBN I SB-20| 27/*****/03 |NB2Q| 03/031 08/03| TBN SB 21 06/03 09/03 NB 21 10/03 13/03| TBN SB 22| 13/*****/03 INB-22{ 17/03|
      332 words
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      Page 48 Advertisements Column 3
      220 48 I cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/02 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOP: A VESSEL 15/03 20/03 Huingpu/Guingihou 4 COSCO FULL CONTAINER SERVICES (FCL/FCLI EXPORT TO: I CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer
      220 words
  • Page 48 Miscellaneous
    • Miscellaneous
      Page 48 Miscellaneous Column 1
      678 48 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 030 C 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 230fr 2.4 2.1 1.7 1.3 1.0 1.0 1.1 1.4 1.9 2.5 3.0 3.1 2.9 2.5 1.1 1.2 OS 0.5 0.4
      678 words
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  • Page 49 Advertisements
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      Page 49 Advertisements Column 1
      958 49 HYUNDAI MERCHANT MAN CO. LTD. WESTBOUND TO EUROPE BKG: *****61 VESSELS VOY PHA I PKE P6O VESSELS VOY I SIW I RTM *HT* lEH» HAM BKEt FIL HMM ADVANCE 038 A 21/01 22/02 24/02 St FREEDOM 309W 21/02 11/03 19/03 21/03 20/03 20/03 22/03 NO* MALACCA 9409 A 21/01 01/03
      958 words
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      Page 49 Advertisements Column 2
      478 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS nisi hi n m u A *****8 117 4/1 9AUA MM m S/l 7/1 «mi ai in M/i THM VI 1/1 1/1 HUB MM 1(1 1/1 18/S SMI IiCOTt IN 11/1 11/1 OUTBOUND VESSELS LOAPWC FOR SEN/NIC SEKI NAGOYA
      478 words
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      Page 49 Advertisements Column 3
      790 49 JEDDAH/UK/CONTNENT STORE ED S TON KMC ADAM LEH *Mm Accwtm Cvn F«r I SSSSS 1 5 iwn 7/1 sg aa U/S 22/3 24/3 littifiw *Is il AnhMre AimMm I^^^ m 14/1 if,! iSSr ;*-«a£?2EAisr M/1M 21/1 29/1 RrttetM :to M Anhrdf. Anst*r4«m o*. HiM* MEDITERRANEAN (MED CLUB)* BUWAMM 4034 S/2
      790 words
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