The Business Times, 9 March 1994

Total Pages: 48
1 48 The Business Times
  • 13 1 SINGAPORE Business Times MEKSOW ASIA MITA(P) 010/12/93 Wednesday March 9 1994 75 c
    13 words
  • 2 am LATEST
    • 42 1 Reuter NEW YORK Profit-taking and a slight weakening in the bond market yesterday kept Wall Street stocks trading lower at midday, analysts said. At lpm EST, the Dow Jones industrial average stood at 3,849.94 down 6.28 points.
      Reuter  -  42 words
    • 61 1 Reuter GENEVA Leading trading states yesterday were in a standoff over tariffs on industrial goods only five weeks before the planned signing of a new Gatt world trade treaty. Diplomats said the problem centred on US tariff offers and complaints by the European Union
      Reuter  -  61 words
  • 166 1 Stock market IwMcw Tuesday Chance ST1I 2,240.18 -3.56 KLSEComp 1,056.30 +10.58 Nikkei 19,898.39 +86.51 Hang Seng 10.294.58 +233.03 SET Index 1,368.03 -8.65 Jakarta Comp 521.17 -1.20 CLSA China B ....1,148.71 +5.12 Aust All Ord 2,171.7 +27 FTSE 100 3,264.4 -41.5 Tuesday PreTkws lpm dose Dow Jones 3,849.94 3,856.22
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  • 689 1  -  Permits may soon be needed to bring in plastic resins By Genevieve Cua SINGAPORE Malaysia is preparing to put up further barriers to the import of certain petrochemicals a move that will affect Singapore chemical producers as well as plastics and components
    689 words
  • 548 1 SINGAPORE It is not the government's intention to induce every Singapore company, whatever its financial or commercial capacity, to venture overseas. Finance Minister Richard Hu said yesterday: "Only companies well placed in terms of finances, technical know-how. business connections, with surplus
    548 words
  • 339 1  -  By Conrrine Kerk SINGAPORE Diary maker Nippccraft has obtained inprinciple approval from the Stoek Exchange of Singapore for a listing on the main board. Sources say the company will launch its initial public offering within two or three weeks, making it the second
    339 words
  • 243 1 SINGAPORE Regional stock markets ended mixed yesterday. Losses were recorded locally, in Thailand and the Philippines while Hongkong saw hefty gains. In Singapore, sentiment throughout the day was weak. Interest rate worries and forced selling in Malaysia drove the Straits Times Industrials Index down
    243 words
  • 664 1  -  From Ho Kay Tat in KUALA LUMPUR MALAYSIA'S central bank said yesterday that its fight with currency speculators still had some way to go. although the punitive measures it took recentl\ had succeeded in flushing some of them out of the ringgit.
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  • 201 1 Bloomberg Business News BEIJING China has launched a nationwide programme to curb inflation within three months by enforcing price ceilings on staple goods and punishing unwarranted service fee hikes. The official People's Daily yesterday quoted Vice-Premier Zou Jiahua as saying an effective
    Bloomberg Business News  -  201 words
  • Page 1 Advertisements
    • 198 1 0 I BHI'.V) VIAGLI rsr Centrepoint #01-30 Tel: 737 4509 Paragon By Sogo #01-19 Tel: 734 9935 CONTENTS S pore News 2 Spore M's« 1718.20 Regional News 3.4.6 Financial 21.22 World News 7.8 Futures Markets Analysis lb Clob M.SE. SES 26 28 Editorial 14 Regional 24 Sports 9 World 25
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    • 8 1 Regional Analysis: Pg 12 Tension in US-Japan relations
      8 words
    • 14 1 Hock Lock Siew: Pg nt Where are my rights, Mulpha? More reports Pg 2
      14 words
    • 119 1 t»- ,-yj The bottom jLikte: Pg 16 Super 50h§uthreat to world trade f-~ mm k\ k J W a jmk VM Now You Can Afford A High Quauty Fax On Your Desk. The Canon Bubble Jet Fax B2OOS is a fax. And with Auto Fax/Tel switchover, plain paper fax at
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    • 62 1 #02-55/56/59 Wisma Atria Tel: 235 5325 #01 -25 Paragon By Sogo Tel: 732 2556 r "J Sound fundamentals will keep Malaysian market healthy, sa > s Anwar Ibrahim (left), Pg 16 I JY* KLSE receives 31 applications for new listings, Pg 16 Analysis: Running rings around the ringgit, Pg 15
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • 293 2  -  By Schutz Lee SINGAPORE'S demand for foreign-made goods rebounded in December and picked up further in January. judging by the portion of imports retained for local consumption. The volume of retained imports imports less reexports grew 5.6 per cent in December and 17.7 per cent in January.
        Source: Dept of Statistics  -  293 words
    • 403 2  -  Yesterday in Parliament Reports by Chuang Peck Ming Anna Teo PARI' of the Si billion collected in vehicle quota premiums should go towards improving the public transport system, especially to help defray the costs of money-losing bus routes. MP Heng Chiang Meng
      403 words
    • 325 2 OPEN an employee education account under the Central Provident Fund scheme to get more workers to upgrade their skills. Nominated Member of Parliament Robert C'hua suggested yesterday during the Budget debate. Instead of restoring the full 1.5 percentage point of employers' contribution to
      325 words
    • 179 2 THE 1994 Budget would not have been such a disappointment to businessmen if last year's corporate tax cut and goodies were given this year instead. Tan Cheng Bock (Aver Rajah) said yesterday. "With the benefit of hind- sight, this year's Budget should have
      179 words
    • 336 2 SINGAPORE should reconsider the caning sentence passed on American teenager Michael Fay for vandalism. US President Bill Clinton said on Monday. "We have since filed a strong protest with the government of Singapore. We recognise that they have the right
      336 words
    • 282 2 THOSE who keep harping on workers making a sacrifice by taking a cut in the Central Provident Fund rate tend to forget about the link between healthy businesses and jobs. Tampines GRC MP Chng Hee Kok said yesterday. "Without businesses, there will
      282 words
    • 145 2 SINGAPORE Mobil officially opened its new petrochemical complex costing over SI.I billion at a ceremony in Jurong yesterday. Consisting of three separate plants, the new complex will make the Singapore refinery the largest of its kind in the Mobil
      145 words
    • 347 2  -  By Genevieve Cua SINGAPORE Telecom launched its new GSM digital mobile phone network yesterday and called a tender for the construction of another digital system. Vice-president for residential communications Lung Chien Ping said the second system likely to be completed in two-and-a-half years
      347 words
    • 151 2 BIDDLRS at the government auction of land at kew Drive toda> and tomorrow should bring a cashier's order for at least SIS().(XX). says the Urban Redevelopment Authority. Ihis is the minimum deposit required for any of the eight bungalow. II semi-de-tached house
      151 words
  • Page 2 Advertisements
    • 240 2 LAW PAGE Every Thursday in Business Times M ttU Get into your favourite movies 24 hours a day. SCV's Movie Vision from Home Box Office being tickled in the middle of the night by 'Naked Gun 2/?'. goes 24 hours. If you're into movies, you can now Then again there's
      240 words

  • SOUTH-EAST ASIA
    • 424 3 Bernama JOHOR BAKU Work on the MS 1.6 billion (*****.6 million) second Causeway project between Cielang Patah in Johor and Tuas in Singapore will begin this year or early next year. Malaysia and Singapore will sign the final agreement on
      Bernama  -  424 words
    • 90 3 AFP SPRATLY ISLANDS Vietnamese soldiers and sailors taking time off from their duties to get together for a sing-along session here. This undated photo was published in the Nhan Dan newspaper yesterday to mark International Women's Day but it also reaffirmed Hanoi's elaim
      AFP  -  90 words
    • 295 3 AFP KUALA LUMPUR Britain's influential corporate leader. Lord Prior, held talks with Malaysian Prime Minister Mahathir Mohamad yesterday to press Kuala Lumpur to end its boycott of British firms. Malaysian officials said. Lord Prior, who was said to have flown in on
      AFP  -  295 words
    • 238 3 AFP JAKARTA Indonesia will run its first budget deficit in 27 years in fiscal 1993-94 because of falling oil prices, the finance minister was reported yesterday as saying. The fiscal year ending on March 31 will have an U*****.17 million
      AFP  -  238 words
    • ASIA NOTES
      • 75 3 AfP TOKYO A top Japanese trading firm. Marubeni Corp. was ordered yesterday to pay 3.6 billion yen (SSS3 million) in compensation to a eompany which went bust after being duped into bogus deals by Marubeni officials. Fukuoka District Court in southern Japan upheld claims
        AfP  -  75 words
      • 54 3 AFP lOKYO Japan's three long-term credit banks has decided to raise long-term prime rates by 0.6 percentage point to 4.4 per cent, effective tomorrow. The Jiji Press news agency said yesterday the rate rise would push up interest rates on housing loans, which could adversely
        AFP  -  54 words
      • 95 3 AFP KUALA LUMPUR The Malaysian government is seeking Australian Interpol's help in probing Australian media allegations that Malaysian legislators accepted bribes from Australian spies. Malaysia's police chief said yesterday. The request for help to interview the editors and journalists of the Sydney-based Sunday
        AFP  -  95 words
      • 38 3 AFP CANBERRA Australian Trade Minister Bob McMullan will visit five Asean states, except Brunei, later this month for talks on regional and bilateral issues. His trip will be from March 16 to 25.
        AFP  -  38 words
    • 216 3 JAKARTA Indonesia has ordered a pulp and paper plant to cut its production in half pending repairs of the compan\'s dam. which burst and sent waste into the Asahan river last week, according to press reports yesterday. "M> office has
      216 words
  • Page 3 Advertisements
    • 414 3 I ITS A FACT. I I We're The No. 1 Selling Aircon In Singapore 8 years in a row! I FACT. In the recent Survey Research Singapore's (SRS) Home Appliances Index 1993, Sanyo Aircon came out top in all the categories featured in the survey. less electricit y I 9
      414 words

  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • 119 4 Reuter HONGKONG Hongkong wants early talks with China to resolve financing proposals on the territory's new airport project, but has vowed it will be built. Chief Secretary Anson Chan yesterday said that "the government wants to see the airport committee meet as soon
        Reuter  -  119 words
      • 83 4 AP HONGKONG Governor Chris Patten's deputy will tour the United States in late April to lobby for unconditional renewal ol China's trading privileges. Chief Secretary Anson Chan will meet Clinton administration officials, congressional leaders and business groups during three days in Washington and two in
        AP  -  83 words
      • 114 4 UPI HONGKONG Only about 24 per cent of Hongkong residents surveyed recently said they trusted the Chinese government and 25 per cent trusted Beijing's British counterparts, a poll released yesterday, said. The survey findings come at a time when relations between London and Beijing have
        UPI  -  114 words
      • 61 4 Reuter MANAMA A private Saudi conglomerate is considering building a USS3SO million (***** million) fertiliser plant in a rare joint venture with China. The Saudi Binladen Group, which made its name in contracting, has signed a letter of intent with the China National Technical Import
        Reuter  -  61 words
      • 91 4 Reuter TOKYO China's senior leader Deng Xiaoping is in good health and walks about 3 km each day. "At the moment (Deng) has no disease, he takes a walk for 3 km every day. in Beijing's cold wind." Deng Rong. the third daughter of
        Reuter  -  91 words
    • 188 4 SINGAPORE Senior officials of China's State Land Administration will be in Singapore to explain its land property investment policy. A symposium, to be held on March 28. is being jointlv organised by China's State Land Administration and the Chinese
      188 words
    • 226 4 AP BEIJING China says the United States has no business criticising Beijing for its police roundup of dissidents in the past week. The Eoreign Ministry vesterdav said: "To summon and interrogate according to law those who violated criminal law and
      AP  -  226 words
    • 391 4  -  By Yong Pow Ang SINGAPORE Bilateral trade and two-way investment between Singapore and China. which reached an all-time high last year, will continue the "bull run" into this year, says a senior official at the Chinese embassy in Singapore. Economic and commercial
      391 words
    • 62 4 AFP HONGKONG A homeless man taking a nap in his cardbox house in the former red-light district of \\anchai. Despite the colony receiving one of the most generous budgets in years, many of Hongkong's poorer residents hate set up their
      AFP  -  62 words
    • 455 4 NY CANBLRRA In a gesture of goodwill toward Beijing, the Clinton administration has begun to pave the way for the Hughes Aircraft Co to launch a commercial satellite from China. If the administration gives its approval within the next
      NY  -  455 words
  • Page 4 Advertisements
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    • 140 4 Clinton on Japan and China: a bungler or a Machiavclli?. Pg 15 I WESTERN SAMOA long term international companies are the most cost effective for your offshore company structure. Available at an effective annual cost We also provide offshore companies from: from as low as US$4OO British Virgin Islands P
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  • Page 5 Advertisements
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  • REST OF ASIA
    • 423 6  -  Fresh focus likely to herald investment push, says analysts By Shiv Taneja SINGAPORE Top Japanese investment houses are actively looking at setting up representative offices in India to take a more active interest in the Indian capital markets. Analysts say this could be a
      423 words
    • 236 6 AFP SLOUL Washington yesterday slopped up its pressure on South Korea to open its ear market wider, demanding tariffs and taxes he redueed to allow in more American cars, trade officials said. The American demand came at the start of three
      AFP  -  236 words
    • 260 6  -  From Nirmal Ghosh in NEW DELHI FART of India's USSI3.B billion (5521.80) foreign reserves may be farmed out to overseas money managers, press reports say. According to The Economic Times. J F Morgan was among several overseas fund managers who recently
      260 words
    • 145 6 Reuter NEW DELHI Indian Prime Minister PV Narasimha Rao. helped by a recently acquired majority in parliament, easily won a key vote yesterday. To stay in office. Mr Rao needed to win the vote in the Lok Sabha (Lower House) on his motion of thanks
      Reuter  -  145 words
    • 396 6  -  Reports from Florence Chong in SYDNEY AUSTRALIAN investments in South-east Asia rose by 25 per cent in 1992 but the awakening has come a little late, a government report says. Even then, Australia's focus appears narrowly based, with the
      Source: Australian Bureau of Statistics  -  396 words
    • 217 6 THE Cosmopolitan Centre, which includes a 73-room hotel in Sydney's exclusive Double Bay retail centre, has been sold to a Singapore buyer for As 22 million (5524.86 million) The identity of the buyer is shielded by a confidentiality clause in the purchase
      217 words
  • Page 6 Advertisements
    • 416 6 We think we're the best laser printer for $999. (So who are you going to believe, us or them?) Us Them [jJ[P Prim s P eed of 6 PP m > lxol4 PP™ "For starters, the E PL-5000 is fast." r—j "IVspite its Jiminutive stature, its rated tor a burly,
      416 words

  • THE WORLD
    • 491 7 Bloomberg Business News WASHINGTON The US Federal Reserve System was correct to raise interest rates on short-term loans last month and should execute further rate increases, a group of Fedwatchers said on Monday. The group of economists, the Shadow Open Market
      Bloomberg Business News  -  491 words
    • 98 7 Reuter AFP ENGLISHMAN James Greenwood and Swiss lorry driver Rowan Bond have come up with two novel ways of raising funds. Greenwood, seen here in front of Faisal mosque in Islamabad on Monday, is travelling round the world on horseback to collect money for the
      Reuter; AFP  -  98 words
    • 341 7 Reuter AFP LONDON A surge in British industrial and manufacturing output in January helped to allay fears yesterday that the country's recovery may falter and gave its hard-pressed Conservative government a needed confidence boost. Data released by the Central Statistical Office showed production in manufacturing
      Reuter; AFP  -  341 words
    • WORLD WATCH
      • 109 7 Reuter FRANKFURT The Bundesbank set the stage for another small decline in German interest rates yesterday as the government confirmed the economy had shrunk again in the last quarter of 1993 and that unemployment had hit new records. Economists and money market dealers said
        Reuter  -  109 words
      • 88 7 Reuter BRUSSELS The European Commission is stepping up pressure against EU countries that limit foreign participation in companies, especially in privatisations. A Commission source yesterday said a number of countries were under scrutiny because of alleged violations of EU rules on the free movement
        Reuter  -  88 words
      • 114 7 Bloomberg Business News LONDON UK Chancellor of the Exchequer Kenneth Clarke told the Independent newspaper he would like to lead the ruling Conservative Party, but only at a time chosen by current Prime Minister John Major. Mr Clarke said nobody in the Tories was feeding
        Bloomberg Business News  -  114 words
      • 69 7 Reuter DUBAI Europe's aviation industry could secure at least a small part of a US$6 billion (559.5 billion) Saudi commercial aircraft deal won by the United States. Industry sources yesterday said Saudia, the kingdom's flag carrier, was showing strong interest in an
        Reuter  -  69 words
    • 409 7 Reuter WASHINGTON President Bill Clinton has made a stirring public defence of the integrity of his wife Hillary, who has come under fire in the Whitewater affair, saying "her moral compass is as strong as anybody's in the country". Mr Clinton also said
      Reuter  -  409 words
    • 341 8 Reuter PARIS France and Israel will sign an unprecedented agreement on military technology research and development this week during a visit by Defence Minister Francois Leotard. officials from both countries said on Monday. The accord, setting a framework for defence cooperation for
      Reuter  -  341 words
    • 200 8 Reuter BRUSSELS Women ministers from around Europe gathered in Brussels on Monday in a show of solidarity on the eve of International Women's Day. Some 26 female ministers of justice, employment, transport and social affairs, from 16 of the Council of Europe's member-states, signed
      Reuter  -  200 words
    • 644 8 UPI WASHING lON Georgian leader Eduard Shevardnadze made a heartfelt plea to American businesses on Monday to invest in the former Soviet republic a shattered nation riddled with unrest and bordering on famine. Mr Shevardnadze is visiting the
      UPI; AFP  -  644 words
    • 371 8 AFP BRUSSELS Britain is to launch a major campaign this month to fight fraud in European Union funding. British Foreign Secretary Douglas Hurd said here on Monday. In an address to the Belgian Institute of International Affairs. he called
      AFP  -  371 words
  • Page 7 Advertisements
    • 713 7 XTventure VENTURE MANUFACTURING (SINGAPORE) LTD (Incorporated in the Republic of Singapore) The Board of Directors of Venture Manufacturing (Singapore) Ltd wishes to make the following announce ment:UNAUDTTED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1993. GROUP COMPANY YEAR YEAR YEAR YEAR ENDED ENDED ENDED ENDED 31.1243 31.12.92 31.12.93 31.12.92 SfOOO
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  • Page 8 Advertisements
    • 353 8 i p ?\a<# YOU'VE ALREADY GOT 90% OF WHAT YOU NEED TO RUN THE BEST IMAGING SOFTWARE ON EARTH. 7 ou've already made the investment. applications from 30 days to one. new services and alliances with Y You've got people on mainframes, work- It's the solution a giant U.S. manufacturer
      353 words

  • SPORTS
    • 352 9 Golf Reuter EDINBURGH The club which gave golf" its first written rules notched up its 250 th birthday on Monday, still holding fast to its ancient principles. No club has written evidence of a longer history than the Honourable Company of Edinburgh Golfers, now
      Reuter  -  352 words
    • 484 9 AFP LONDON England rugby coach Dick Best on Monday came up with the answer to his side's one year old try drought. "Opponents are conceding penalties to stop us touching down." he said in answer to growing criticism of England tactics. England
      AFP  -  484 words
    • 233 9 AFP BRADENTON. Florida Had Michael Jordan been this bad at basketball, no one would be paying attention to him now. Jordan went hitless in four times at bat here Monday as the Chicago White Sox lost 3-2 to the Pittsburgh Pirates. He grounded out three times and
      AFP  -  233 words
    • SIDELINES
      • 121 9 Bernama KUALA LUMPUR This year s Malaysian Open Golf Championship is offering higher prize money apart from an Opel ear worth nearly \IS2(H).(KK> (SSI 16.000) for a hole-in-one. Opel, a co-sponsor of the Asian Tour, was offering a "Calihra" to any professional who sinks
        Bernama  -  121 words
      • 78 9 AFP PRAGUE Czech Pavel Nechanskv on Monday finished his 280 th daily marathon without a day's break and is claiming a world record. The CTK news agcncy said the marathon running feat started on June I last year and beat the 279 marathons run b>
        AFP  -  78 words
      • 115 9 AP FORI LAUDERDALE. Florida A back injury could prevent defending champion Fred Couples from plaving in this week's Honda Classic. "It is touch and go." Couples said on Monday. "I'll make a decision in the next 24 to 48 hours." Couples hurt his back on
        AP  -  115 words
      • 100 9 AFP PARIS Alain Prost's formula one future could be decided when he test drives the new McLaren-Peugeot at Estoril in Portugal today. "If Alain is won over by the car it could make up his mind."* said Peugeot racing manager Jean-Pierre Jabouille. Prost retired after winning
        AFP  -  100 words
      • 86 9 AP LEDYARD. Connecticut Larry Holmes is getting back in the ring again. Holmes. 44. takes on 30-year-old Garing "Freight Train" Lane in a 10-round last night at Fox woods High Stakes Bingo and Casino's Fox Theatre. Holmes doesn't exactly need the money. He has
        AP  -  86 words
      • 123 9 Reuter WASHINGTON Australia's Andrew Gaze, preparing to make his National Basketball Association debut, arrived here on Monday following a 30-hour plane flight. Gaze will have a physical and his first workout here yesterday in a private session with team officials of the Washington
        Reuter  -  123 words
    • 814 9  -  Ira Berkow acknowledges that Nancy Kerrigan is no Bambi Ira Berkow NYT TO some, Nancy Kerrigan is a rat because she was supposed to have scorned a mouse. Saying anything negative about Mickey Mouse in America is tantamount to being insulting about the
      NYT  -  814 words
    • SCORE CARD
      • Article, Illustration
        26 9 Reuter NEW YORK NBA Mondav Detroit 85 New York 99: Miami 104 Boston 112: Milwaukee 84 LA Lakers 10ft; Portland 137 Golden Slate 108. Reuter
        Reuter  -  26 words
      • Article, Illustration
        117 9 AFP Reuter LONDON World rankings Mondav: I Greg Norman (Aust) 19.65pts 2 Nick Faldo (Eng) 19.10 3 Bernhard Langer (Ger) 17.65 4 Nick Price (Zim) 16.84 5 Fred C ouples (US) 16.05 6 Paul A/ingcr (US) 13.71 7 lan Woosnam (Wales) 11.26 8 Corey Pavin (US) 11.17 9 David
        AFP; Reuter  -  117 words
      • Article, Illustration
        37 9 Reuter NEW YORK NHL Mondav Boston 6 Washington 3: New Jerscv 2 Quebec 2 (OT); NY Rangers 3 Detroit 6: Toronto 2 St Louis 3: Winnipeg 2 NY Islanders 7; Vancouver I Florida 2. Rcuter
        Reuter  -  37 words
      • Article, Illustration
        205 9 Reuter Reuter UP POM E Y EDKA BEACH, Florida VIP lour top 16 men: I Pete Sampras (US) 2 Michael Stich (Cier) 3 Stefan Edherg (Swe) 4 Scrgi Brugucra (Spn) 5 Jim Courier (US) 6 Cioran Ivanisevic (Cro) 7 Andrei Viedvedev (Rus) 8 Michael Chang (US) 9 Todd Martin
        Reuter; UP  -  205 words
  • Page 9 Advertisements
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  • LIFESTYLE
    • 904 11  -  What's an Indian doing in Tokyo for 56 years? S N Vasuki reports on S N Vasuki IN xenophobic Japan where foreigners are regarded with a mixture of amusement and suspicion, Kadaba Venkata Narain. 77, is one special gaijin. Hold your breath because Indian-born Narain has stayed
      904 words
    • 649 11 CHATTERBOX Reuter Reuter UPI UPI LPI UPI THH former wife of Guns N' Roses lead singer Axl Rose filed a lawsuit against the volatile musician eiting a range of charges including assault, sexual battery and false imprisonment, her lawyer said Monday. Erin Everly. daughter
      Reuter; UPI; LPI  -  649 words
  • Page 11 Advertisements
    • 160 11 ibtLMHgt V NOTHING BEATS (T 7HE NIGHT Night Beat, the new AND OUR eve °f public holidays Filipino 5-piece rxM (no performance band at The Lounge M#|T# Vf on s n >- And is striking up lots JVI \Jmi Jt with draft beer of songs and crazy fun. Come and
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  • Page 11 Miscellaneous
    • 1286 11 TV RADIO sbc 12 1 &OBtSS^^M Set In to cope with problems who q j&gfk about again. ~.^\J^^M movie is based on the pla> by HffH i9L*j hrnest Ihompson. Stars Kath- SukET HI Fonda. IXiug IT \f"/ A young eaptain. unaware that A| |C aetualiy the son of a ban-
      1,286 words

  • REGIONAL ANALYSIS
    • 2430 12  -  Tension in US-Japan relation JOSEPH NYE JOSEPH NYE The writer is chairman of the Sational Intelligence Council of the Central Intelligence Agency. He contributed this article to Foreign Policy as the director of the Centre for international Affairs. Harvard University. This article is adapted
      2,430 words
    • 1605 13  -  US-Japan trade war: its impact on the region YANG RAZALI KASSIM YANG RAZALI KASSIM The writer is BT's Regional Analysis I'd it or IN THE wake of the breakdown last month of the USJapan economic summit, the United States has been tightening
      1,605 words
    • 1823 13  -  HARRY HARDING HARRY HARDING EDWARD LINCOLN EDWARD LINCOLN The writers are both senior fellows in the Brookings Foreign Policy Studies programme. The article is adapted from The Brookings Review WITH the end of the Cold War. US-Japan relations have been set
      1,823 words
  • Page 12 Advertisements
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      163 words


  • 514 14 EDITORIAL US SECRETARY of State Warren Christopher's planned trip to China this week seems to have got ofT to a predictable start. First, President Clinton told Beijing that the detention of some dissidents since last Wednesday was "not helpful to our relations". To which the
    514 words
  • WHAT THE OTHERS SAY
    • 267 14 THE GOVERNMENT is viewing the rising trend in crimes committed at commercial and industrial premises so seriously that Home Affairs Minister Wong K.an Seng has expressed his alarm over it twice in one week. If the Home Minister's signals are ignored and crime at workplaces continues
      267 words
    • 156 14 READING maketh a man. Though many people know the importance of reading, going to the library and flipping through pages and pages of books are two different things. Only 12 per cent of Singaporeans make the attempt to go to libraries. But, generally. Singapore's literacy rate has
      156 words
    • 143 14 THE REPORT on libraries outlines an excellent blueprint for the future of libraries in Singapore. Given our resources and efficiency, it is not difficult to increase the number of libraries with the latest facilities or expand existing collections. The real problem lies in how to increase
      143 words
    • 137 14 A TERRIBLE MASSACRE by a deranged man has threatened to cancel all hope for the most elusive prize of all in rhe Middle East. When Baruch Goldstein pumped hundreds of rounds into worshipping Muslims in Hebron last Friday, he may have killed more than innocent people.
      137 words
    • 149 14 TRUST between China and Britain has been in short supply over the 200 years of contact between the two nations. Now relations have soured to the stage where trust is absent. And China greeted suspiciously a statement it really should have welcomed: Hamish Macleod's estimate
      149 words
    • 180 14 IN THE mid-Eighties, prominent Japanese commentators crowed about a new Japan "that can say no" only to acquiesce to the secretly-concluded semiconductor agreement of 1986. which stands today as the most outstanding landmark to managed trade. This "concession" has continued to guarantee American producers a
      180 words
  • 844 14  -  Some sorry tales are being told at the London inquiry into the background to the arms-for-Iraq furore. Neville stack reports Neville Stack The writer is a political commentator based in London w ho contributes to BT AS THt inquirv h> Lord Justice
    844 words
  • Page 14 Advertisements
    • 313 14 The Price of Plenty The good life a house, a car and a club membership costs twice as much as it did five years ago. With lots more money chasing after limited goods, k are we on the way to building an asset bubble? ALSO IN THIS ISSUE: 'A How
      313 words
  • Page 14 Miscellaneous
    • 125 14 TH6. fP\CJ "TV4RT J DON'T KNOUJ ANV LOMPvT Pv MOCri. "SVAG. SKUtfG IS C*sl£ CJ\U-£.D NMLUCehTT FV-JD THE. rr? r rO rviLUC&NT. LOMS-UV. HAVING A CPvRD \<E> TO f\ U3OMDGJ?FUU MOUD'W MR .O. U>OR3UiHG"TON IS OP HQ SPO»UE{) OMLV BV VOOR. COtiCG-RN U>HP*TSOE.ve.R i /-O, S»e.NC& LjONGIMG TO See. s^
      125 words

  • ANALYSIS
    • 1386 15  -  Ho Kay Tat examines Bank Negara's monetary policy dilemma and how it is battling speculators fiddling with the Malaysian currency Ho Kay Tat The writer is BT's Kuala Lumpur correspondent SOMETIME in January 1992, Malaysian Prime Minister Mahathir Mohamad lamented to reporters
      1,386 words
    • 1591 15  -  Leon Hadar discusses the theory advanced by supporters that there is a certain logic in the chaos observers see in the current US-Pacific relationship Leon Hadar The writer is BT's M ashington Correspondent AMERICAN Secretary of State Warren Christopher has
      1,591 words
  • Page 15 Advertisements
    • 60 15 Tins ddlvrtisewient u /t vr infirrmatu tn fx»rf*osc"s wik atid dot's not constitute <i»i imitation or off it to dicjtuu', fttrcfiase or subscribe for debt securities. 9 March. 1994 General Electric Capital Corporation US. $100,000,000 4.25 per cent Notes due 1996 Lehman Brothers Goldman Sachs (Asia) Limited Kidder, Peabody International
      60 words

  • 373 16  -  Conference on Malaysian Capital Markets Reports by William Chia Amy Balan in KUALA LUMPUR THE Malaysian capital market should remain healthy this year because the country's economic fundamentals are sound. Deputy Prime Minister Anwar Ibrahim said yesterday. Mr Anwar, who is
    373 words
  • 569 16 THE Kuala Lumpur Stock Exchange had 31 applications for new listings as at Feb 18 this year. Executive chairman Nik Mohamed Din. who spoke at the 1994 Conference on Malaysian Capital Markets yesterday. said eight of the applications were for the main
    569 words
  • 355 16 AP WASHINGTON The productivity of American workers shot up at a seasonally adjusted annual rate of 6.1 per cent in the final three months of 1993. the highest in eight years, the government reported yesterday. The Labor Department said it was the best
    AP  -  355 words
  • 57 16 AFP NEW DELHI Inspectors standing before the debris of a charred Russian Aeroflot jetliner after a commercial, Indian-owned Boeing 737 crashed during a training flight yesterday at the Indira Gandhi International Airport near here. At least seven people were killed in the crash,
    AFP  -  57 words
  • 365 16 Bloomberg Business News BASLE. Switzerland Europe's central hanks will continue to ease credit even as US interest rates rise. Alexandre Lamfalussy. president of the European Monetary Institute, said yesterday. Mr Lamfalussy put distance between the policies of European central hanks
    Bloomberg Business News  -  365 words
  • 750 16  -  The Bottom Line REGINALD DALE REGINALD DALE The writer is a columnist with the International Herald Tribune, where this commentary first appeared. THL I'nited Stales administration believes that high-explosive charges are needed to blast Japan's markets open to American exports. The triggering device
    750 words
  • 364 16 Reuter TOKYO Japanese prosecutors moved against a national politician yesterday lor the first time in their year-long investigation into widespread corruption involving the construction industry and the political establishment. The Tokyo District Prosecutor's Office raided the offices of former
    Reuter  -  364 words
  • 210 16 Bernama KUALA LUMPUR Five Malaysian companies have been invited to develop the "Triumphal Town Trade Centre" in Zha Bei district, an important industrial area in Shanghai. The companies are Wangsa Kiara. Kim Hup Lee Construction. Bicara Mew ah. Syer Harta Bina and
    Bernama  -  210 words
  • Page 16 Advertisements
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    • 49 16 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for hene or office delivery service.
      49 words
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      43 words

  • COMPANIES & MARKETS
    • 336 17  -  By Dexter Lee SINGAPORE Singapore Shipbuilding Engineering yesterday reported a strong set of results, with group net earnings up 37.1 per cent to $20.03 million for the year ended Dec 31. This works out to earnings of 12.4 cents a share, up
      336 words
    • 532 17  -  By Harish Mehta SINGAPORE Rothmans of Pall Mall (Singapore) has begun making Dunhill cigarettes in Vietnam and will start selling them there next month. The Singapore-listed firm started production at the Thang Long Cigarette Factory in Hanoi just before the Tet lunar new
      532 words
    • 69 17 Bernama KUALA LUMPUR Lingui Developments Bhd yesterday reported a 132 per cent rise in group pre-tax profit to MSI 1.18 million (556.48 million) for the half year ended Dec 31, 1993, compared with M 54.81 million in the previous corresponding period. Group turnover rose
      Bernama  -  69 words
    • 273 17  -  From Ho Kay Tat in KUALA LUMPUR MULPHA International yesterday confirmed market talk that it had entered a conditional agreement to privatise the water supply in Johor state, but the announcement fell short of expectations, causing Mulpha shares to fall 45 sen to
      273 words
    • 647 17  -  HOCK LOCK SIEW By Quale Hiang Whai SINGAPORE A disturbing thought must have crossed the minds of quite a few new Mulpha International shareholders here in recent days. Having bought and registered their shares for the company's proposed rights issue, they have been kept in
      647 words
    • 183 17 SINGAPORE Finance company Singapura Building Society lifted interim earnings 17 per cent to $2.53 million in the period to Dec 31, 1993. Operating income comprising interest income from loans, deposits, securities, dividends from investments, share processing fees, commissions and fees from other services
      183 words
    • 402 17 Reuter SINGAPORE Singapore hotel companies are likely to get neutral ratings in the first half of 1994 from share analysts despite a recovery in room rates, healthy occupancies and robust tourist arrivals. The handful of hotel stocks seen worth buying
      Reuter  -  402 words
    • EYE on your STOCKS
      • Article, Illustration
        49 17 Firm 'Market Mood indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday Oxernight events nun alter sentiment Brokers polled: Alliance. Barings. Dam a. GK Goh. Kay Hian. Morgan Grentcll. Ongco. Phillip. Tat Lei'. Smith .Ym Court, il l Carr and SG W arbiirg.
        49 words
      • Article, Illustration
        138 17  -  -By{ Quak Hiang Whai Metroplex finished four cents lower at 51.60 with 3.14 million shares changing hands. The stock could continue to lose strength, given the bearish signals seen on the short and long-term charts. The daily and monthly MACDs are pointing towards more corrections while bearish divergences
        138 words
    • COMPANIES
      • COMPANY BRIEFS
        • 114 18 Bernama KUALA LUMPUR Genting Bhd has reported a 28.5 per cent rise in after-tax profit for the year ended Dec 31, 1993, to M 5719.72 million (*****.44 million) from M 5559.96 million a year earlier. Genting yesterday said its group pre-tax profit rose 38
          Bernama  -  114 words
        • 68 18 Bernama KUALA LUMPUR Malayan United Manufacturing Bhd has recorded a 9 per cent decline in group pre-tax profit to M 59.47 million (555.49 million) for the year ended Dec 31, 1993, compared with MS 10.36 million a year earlier. This was despite a 33 per
          Bernama  -  68 words
        • 80 18 Bernama KUALA LUMPUR Permodalan Nasional Bhd (PNB) now has 3.5 million investors with investments amounting to MS 15 billion (SSB.7 billion). Chief executive Khalid Ibrahim, speaking at a PNB breaking of fast here yesterday, said PNB also paid out dividends amounting to MS 1.7 billion
          Bernama  -  80 words
        • 75 18 Bernama KUALA LUMPUR Asiatic Development Bhd has reported a 3.8 per cent rise in after-tax profit to M 531.03 million (S$ 18 million) for the year ended Dec 31, 1993, against M 529.89 million previously. Asiatic Development yesterday said its group pre-tax profit fell
          Bernama  -  75 words
        • 77 18 Bernama KUALA LUMPUR Tobacco group RJ Reynolds Bhd has turned in a marginal 1.1 per cent fall in after-tax profit to M 550.37 million (5529.21 million) for the year ended Dec 31, 1993, from M 550.94 million a year earlier. It said yesterday that pre-tax
          Bernama  -  77 words
        • 122 18 Bernama KUALA LUMPUR Advance Synergy Bhd said it has forecast a gross earnings (after minority interests) per share of 7.9 sen based on the weighted enlarged share capital of ASB for the year ending Sep 30. 1994. This was based on the assumption that its proposals
          Bernama  -  122 words
      • 505 18  -  From Ho Kay Tat in KUALA LUMPUR PETRONAS Dagangan, the domestic marketing arm of Malaysia's national oil company Petronas, made a strong stock market debut yesterday to close at M 56.95 for a M 54.15 premium over its M 52.80
        505 words
      • 498 18  -  From Al Labita in MANILA WESTMONT Holdings has beaten Ekran Bhd to acquire a 40 per cent stake in a commercial bank, the first by a Malaysian firm in the Philippines. A banker, who helped package the deal, told BT the consortium, which included
        498 words
      • 239 18 Bernama KUALA LUMPUR Oleo-chemicals-based Palmco Holdings Bhd has reported an unaudited group pre-tax profit of MSI 1.73 million (SS6.B million) for the six months ended Dec 31. 1993, a 26 per cent drop from the MS 15.91 million in the previous
        Bernama  -  239 words
      • 169 18 Bernama NST KUALA LUMPUR Emico Holdings Bhd's 1.757 million shares available for public subscription has been subscribed 224.98 times. The 528.000 shares balloted under the bumiputra category were subscribed 207.29 times, said Malaysian Issuing House Sdn Bhd yesterday. Emico made a public issue of
        Bernama; NST  -  169 words
      • 162 18 Bloomberg Business News BANGKOK Thailand's second largest initial public share offering is set to kick off in a week when executives of Thai Telephone Telecommunication Co (TT&T) and its underwriters begin a promotional tour. TT&T will olTer 50 million shares of common
        Bloomberg Business News  -  162 words
      • 203 18 Bernama KUALA LUMPUR Edaran Otomobil Nasional Bhd (EON), the national car distributor. will reduce its stake in EON Bank Bhd to 20 per cent by April 30. 1995. EON managing director Adzmi Abdul Wahab said EON had many ways
        Bernama  -  203 words
      • 218 18 Bernama KUALA LUMPUR Malayan United Industries Bhd (MUI) has reported a 22 per cent fall in after-tax profit for the year ended Dec 31, 1993. to M 544.53 million (5525.83 million) from M 556.80 million in 1992. MUI said in a statement yesterday
        Bernama  -  218 words
      • 569 18 UNIT TBUSTS FUNDS MaMgars' pricti (S) Mar t (1MB IdVCSt Mft Ltd Unit Trutt I nifund 1.51 1.57 Mgapore unn irwi i mhond 1025 1055 The ommcrec 176 185 I nited Cir Fund 165 1.71 The Savings Fund 160 I 68xd I nited Asia Fund 1.8) I 93* S pure
        569 words
      • 614 18 Pas men I Ex Books Pay dale close date BAT 21* F 86.9N Mar 18 Mar 24 Apr 6 Bcrjava (iroup I 6 Mar II Mar 28 Apr 18 Bcrjaya Ind I 4 Mar 11 Mar 28 Apr 12 Bcrjaxa Leisure I 5 Feb 22 Mar 8 Apr
        614 words
      • COMPANY BRIEFS
        • 83 20 Bloomberg Business News HONGKONG Lim Por-yen, the chairman of investment and real estate concern Lai Sun Development, has increased his family's stake in Hongkong television station Asia Television (ATV) to a controlling 50.83 per cent from 30.83 per cent before. In a statement yesterday,
          Bloomberg Business News  -  83 words
        • 98 20 Bloomberg Business News LONDON British aeroengine maker Rolls-Royce will report pre-tax profits for 1993 against a 1992 loss that included a large restructuring charge, but analysts say it will be two years before the aerospace market shows strength. Four analysts surveyed forecast that Rolls-Royce's pre-tax
          Bloomberg Business News  -  98 words
        • 77 20 AFP FRANKFURT German chemical group Hoechst AG reported yesterday that it suffered a 36 per cent drop in net profit last year to 756 million deutschemarks (***** million) from 1.18 billion marks the previous year. Group sales were up by 0.4 per cent to 46.05 billion
          AFP  -  77 words
        • 70 20 Reuter HONGKONG Investment holding and property development Arm Great Eagle Holdings Ltd said yesterday it planned to raise HK$3 billion (Ss6ls million) through an initial public offer of a new subsidiary in one to two months' time. Money raised from the offer would help
          Reuter  -  70 words
        • 100 20 Reuter TOKYO Kawasaki Steel Corp yesterday said it will cut costs by around 210 billion yen (553.2 billion) by fiscal year 1995/96 ending March 31, 1996. The cost-cutting plan is aimed at achieving parent current profit of 40 billion yen in 1995/96, Kawasaki said in
          Reuter  -  100 words
        • 118 20 Reuter, AFP TOKYO Nippon Steel Corp said yesterday it expected a parent current loss in the year to March 31, 1994 of about 19 billion yen (Ss2Bs million) against a profit of 28.88 billion yen in 1992/93. It said it would pay a
          Reuter,; AFP  -  118 words
      • 357 20 Bloomberg Business News HONGKONG Hongkong •Aircraft Engineering Co (Haeco), one of the world's largest aircraft maintenance companies, said its net profit rose 15.24 per cent to HKS447 million (Ss9o million) last year. The profit growth is slightly below the expectations of ana•lysts who had
        Bloomberg Business News  -  357 words
      • 498 20  -  From Catherine Ong in HONGKONG A JARDINE Matheson official has dismissed a Hongkong press report that its board is holding a meeting soon to discuss stock delisting plans as "rumours." Greg Terry. Jardinc's senior legal counsel, said Jardine directors were
        498 words
      • 198 20 Reuter HONGKONG Morgan Stanley said it has launched a new hybrid security to offer institutional investors exposure to country-specific equity indices. The security, named Optimised Portfolios As Listed Securities (Opals), is backed by a basket of shares or an equitylinked obligation supported by a
        Reuter  -  198 words
      • 240 20 Bloomberg Business News BANGKOK Jasmine International pic. a Bangkok-based telecommunications company, has signed a memorandum of understanding with a Manila firm to lay a network of optical fibre cables across the Philippines. Jasmine chairman Adisai Bodharamik said the project will "provide
        Bloomberg Business News  -  240 words
      • 555 20 Reuter BOMBAY The prices of Indian shares listed abroad have fallen sharply in the past week and the downturn is likely to delay several Euro-issues in the pipeline. Analysts in London and Bombay yesterday said the fall in overseas-listed shares had not
        Reuter  -  555 words
    • FINANCE
      • 414 21  -  Inflation, firm interest rates seen driving up ringgit By Paul Leo SINGAPORE The Malaysian ringgit will strengthen to M 52.50 per US dollar by year-end. says Morgan Stanley Asia in its latest publication on Asian economics. The Asian unit of
        Source: Bloomberg  -  414 words
      • 250 21 Jan 11 Bank Negara redefines the eligible liabilities base of Malaysian banks to include all funds sourced from abroad, thereby extending the statutory reserve and liquidity ratio requirements to foreign liabilities. This means that some foreign funds have to be kept at no interest with
        250 words
      • 224 21  -  Shh Taneja SINGAPORE Britain's oldest merchant bank. Baring Brothers Co, will combine with broking firm Baring Securities this year in a single investment-banking group under one management. In a statement yesterday, the chairman of holding company Baring pic. Peter Baring, said: "The formation
        224 words
      • 132 21 SINGAPORE An arm of Indonesia's Landmark Group has raised a US$3O million (5547.4 million) five-year loan from a syndicate of Singaporebased banks. The borrower is Ratu Sayang International, owner of the Ratu Plaza complex in Jakarta. It will use the proceeds
        132 words
      • SMALL CHANGE
        • 85 21 Bloomberg Business News TOKYO Sakura Bank, a leading Japanese commercial bank, yesterday unveiled a plan to issue 50 million shares of preferred stock valued at 100 billion yen (SSI.S billion). Applications for the new shares will be accepted from March 16 through March 22.
          Bloomberg Business News  -  85 words
        • 74 21 AFP TOKYO Standard and Poor's Asia Ltd yesterday downgraded the credit ratings of Industrial Bank of Japan Ltd (IBJ) and Long-Term Credit Bank of Japan Ltd (LTCB). affecting almost US$2O billion (5531.6 billion) in debt. The downgrades reflect higher-than-expected potential loan losses at both banks as
          AFP  -  74 words
        • 101 21 Reuter TAIPEI Taiwan government agencies disagree over whether the island should issue sovereign bonds abroad, the semi-official Central News Agency (CNA) said. Finance Minister Lin Chenkuo told Parliament on Monday that he had asked for a feasibility study on such issues to be made.
          Reuter  -  101 words
        • 99 21 Reuter WASHINGTON Federal Reserve governor John LaWare has criticised recent American proposals that could make it tougher for foreign banks to do business in the United States. He said the trend in the US is "defensive, paranoid and protective". Mr LaWare did not mention which
          Reuter  -  99 words
        • 55 21 Bloomberg Business News INDIANAPOLIS Acordia Inc. the seventh-laigest insurance broker in the United States, on Monday said it signed a letter ot intent to buy property and casualty insurance broker Pettit-Morry Co of Seattle. Terms were not disclosed. The acquisition is subject to the
          Bloomberg Business News  -  55 words
    • FINANCE & COMMODITIES
      • 425 22 Reuter HONGKONG Japan's plan to sell 90 tonnes of gold had depressed gold priees in Hongkong and would pressure world priees for the next few weeks, but the longer-term impaet was unclear, bullion traders said. "You ean
        Reuter  -  425 words
      • 237 22 Reuter LONDON Political turbulence in South Africa and Russia would be a key factor in platinum prices this year, the world's second biggest producer of the precious metal says. "The elections in South Africa in April could send tremors through the markets,
        Reuter  -  237 words
      • 469 22 Knight-Ridder NEW DELHI The Indian rupee might well depreciate against the US dollar in 1994-95 (Apr-Mar), contrary to the widespread belief that the rupee is set to rise. Most dealers see the rupee rising because of expectations that the Reserve Bank of
        Knight-Ridder  -  469 words
      • 194 22 Knight-Ridder NEW YORK Record 1993 shipments by US aluminium distributors have not enabled service centres to improve their bottom-line. Kenneth Hutton, executive director of the National Association of Aluminum Distributors. said on Monday that the 1.76 billion pounds shipped last year
        Knight-Ridder  -  194 words
      • 515 22 Bernama KUALA LUMPUR Malaysia's total production of natural rubber for the whole of 1993 stood at 1.07 million tonnes, down 98.502 tonnes or 8 per cent against the 1992 production of 1.17 million tonnes, the Statistic Department said. Releasing its
        Bernama  -  515 words
      • 171 22 Reuter LAGOS Cocoa bean prices in Nigeria have soared above world levels, knocking out big local buyers from the market, traders said. Processors have renewed calls for an export ban and are seeking to import from neighbouring countries. Cocoa now sells for up
        Reuter  -  171 words
      • 135 22 IT WAS a day of lacklustre trading on the Asian currencies markets, taking its cue from a lethargic market over in the majors. USS/SS opened little changed at 1.5840-50 with the dollar languishing at 1.5835-45 for most of the day. Interests appeared mixed on both
        135 words
      • 191 22 Reuter LONDON The dollar spent an uneventful European morning session testing out the bottom of a narrow half pfennig range in the absence of fresh factors yesterday. It drifted lower during thin morning business to probe technical support at 1.7150 marks after an earlier upside test ended in failure.
        Reuter  -  191 words
      • 137 22 Btoorocff ENERGY REPORT LONDON Oil futures prices rebounded on both sides of the Atlantic yesterday as traders bought back some contracts they sold on Monday, brokers said. Crude oil futures dropped almost SO cents a barrel on Monday as traders became increasingly convinced
        137 words
      • 87 22 AFP NEW YORK The dollar fell against most major currencies. but rose against the pound sterling, in early trading yesterday. The dollar was under pressure after the Bundesbank announced that it was setting a variable 14-day repurchase rate, said a trader. At 1430 GMT. the dollar traded at
        AFP  -  87 words
      • Article, Illustration
        1586 22 lituli' hiikliuil iiuU\ tolitilaliil k(u»i</ S'/»»c ;<y> H iiitiliini kw /«*.< US$/S$ forward rates Noon Mar 8 ss Bid Oflcr 1-month U8:1 1 5836 '-month 15(1$ I 58JO V month 1 5810 ***** 6-month I.5T97 1.5817 Simnv (K m Source: OCBC FOREIGN CURRENCY NOTE RATES Aa at lla m Mar
        1,586 words
    • COMMODITIES & FUTURES
      • 1313 23 SMEX REPORT i Reuter SINGAPORE Simex Eurodollars closed firmer as concerns over a rise in short-term interest rates took a back seat yesterday. The market still expects the Federal Reserve to increase Federal Fund rates to Tight inflation but that is not expected to happen before
        Reuter  -  1,313 words
      • 596 23 COMMODITY REPORTS Tin TIN closed at a five-week low of MS 14.01 a kg yesterday, down 14 sen from Monday, in line with a lower London market overnight, traders said. "There is a lot of sellers. Speculators are selling in line with other lower
        596 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 104 23 TOKYO Japan's Daiki Aluminium Industry Co has raised its domestic sales price on ADC 12 aluminium alloy by an average 8 per cent since the beginning of March due to skyrocketing alloy costs, according to a company official. "The price varies from customer to customer, but
          104 words
        • 98 23 SINGAPORE A 15 per cent increase in Vietnam's coffee prices in the last month has triggered widespread defaults on export contracts that overestimated available supplies, according to traders here. The rise in benchmark robusta grade 2 to USS 1.100 to USSI.ISO per tonne FOB for
          98 words
        • 93 23 HONGKONG China will limit exports of tin to 15,000 tonnes this year, despite permission from the Association of Tin Producing Countries to export 20.000 tonnes, said an official of the China National Nonferrous Metals Import and Export Corp. China exported more than 20.000
          93 words
        • 80 23 NEW YORK The Phibro Division of Salomon Inc has expanded into sugar and cocoa trading, the company announced on Monday. The sugar group, headed by Victor Perez, will be located at Phibro's Westport. Connecticut, headquarters. The cocoa group, to be headed by Anthony Ward, will
          80 words
    • 1428 23 Rubber Singapore Comnwitty Excfcango (future* dosing as at lpm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Apr 94 144 00 2.875 May 146.00 145.25 146.00 1.450 5.325 Jun 146.75 145.50 147.00 250 5 500 Jul/Sep 148 50 4.050 Oct/Dec 150.25 1.500
      1,428 words
    • REGIONAL STOCK MARKETS
      • 1181 24 +27 The Australian share market closed higher yesterday, buoyed by positive sentiment and a lack of sellers. "It's somewhat of a contradictory market in the sense that it's up 27.0 points but volumes were not all that high." said Diane Jenner of Dicksons Ltd. Volume totalled 556.9 million shares,
        1,181 words
      • 583 24 -17.25 Share prices opened firm but closed lower after a price drop in market favourite Benpres sparked sell-offs in other stocks, brokers said. Benpres Holdings lost 80 centavos at 9.70 pesos. The composite price index at the Manila exchange was down 17.25 points at 2.637.03. while the indicator at
        583 words
      • 565 24 •190.91 Taiwan stocks plunged 3.4 per cent on stop-loss selling triggered by the market's failure to rally on Monday, the first day of trade after the central bank raised the ceiling on foreign investment. The weighted index opened lower and continued sinking for most of the session, ending 190.91
        565 words
      • 269 24 +30.75 New Zealand shares mirrored overseas trends to end sharply higher but on relatively light volume. Tony Gallaugher at Cavill White Securities said the firmer Dow Jones Industrial Index in the US inspired the gain. The NZSE-40 capital index ended 30.75 points (1.4 per cent) higher at 2.226.08.
        269 words
      • 398 24 -10.77 The stock market slipped deeper into the doldrums with the com- posite index shedding 10.77 points to close at 884.85. brokers said. Shares made a slight recovery on a bout of selective buying of blue chips and low-PER counters towards the close after dropping more than 14 points
        398 words
      • 77 24 102.78 Stock prices rose further in evening kerb deals but brokers said they expected the recovery to be shortlived. In kerb deals, prices maintained the uptrend which started during the official session. Reliance Industries was quoted at 360/62.50. up from the closing 356.25 and Tata Iron Steel Co was
        77 words
    • WORLD STOCK MARKETS
      • 582 24 -41.5 UK shares were pressured by weakness in the UK government bond markets as well as the futures. The poor performance of Wail Street only reinforced sentiment, traders said. The Financial TimesStock Exchange 100 index closed 41.5 points lower at 3,264.4, just above its day's low of 3,264.3 at
        582 words
      • 114 24 •3.46 French shares ended an inert day little changed, and dealers said attention was fixed on the Bundesbank's repo tender for signs of trends in interest rates. The CAC-40 index ended down 3.46 points, or 0.16 per cent, at 2,216.43. Volume was 4.28 billion francs. Paris Mar X t'r
        114 words
      • 199 24 +0.72pc German share prices are expected to mark time in today's bourse session, with investor holding off, wary of possible setbacks on international bond markets. Stock prices closed a lacklustre bourse session higher on the day but off pre-bourse highs. Traders called the market fragile and said it would
        199 words
      • 188 24 1.66 Belgian shares ended a quiet day unchanged to slightly higher, following the trend in other European markets and with Wall Street failing to provide much direction in late trading. The Bel-20 index of leading shares ended 1.66 points or 0.11 per cent higher at 1,509.96, around the middle
        188 words
      • 138 24 +o.spc Stocks gained overall, helped by the good performance of other continental bourses, but brokers said the market lacked conviction. Pirelli rose over 3 per cent although brokers could point to no new factors and turnover was modest. Fiat was flat while Olivetti slipped around 1 per cent. The
        138 words
      • 248 24 -1.74 Dutch shares grimly hung on to almost all of Monday's whopping 10-point gain, shrugging off weak bonds and nervous sentiment and looking ahead to a gradual resumption of the medium-term uptrend. The AEX index closed 1.74 down at 423.02. above the low of 422.36. The options exchange was
        248 words
      • 243 24 -7.83 Swiss shares closed mostly easier on profit-taking but some demand was seen for cyclical shares. Overall trading volume was moderate, dealers said. Roche and Nestle, moderately easier but above earlier lows, led the active list. The broad SPI index lost 7.83 points to close at 1.861.28 points. 10
        243 words
      • 283 24 108 Gold shares ended lower in understated response to a weaker gold price yesterday while industrials continued their strong showing on improved political sentiment. The overall index finished 46 points up at 5.118. industrial index 108 points up at 5.950 and gold index 27 points down at 1.884. Johannesburg
        283 words
      • 262 24 +38.09 Toronto stocks ended higher on Monday with most sectors posting gains as fears of an imminent hike in US interest rates appeared to ease, dealers said. Strong performances by the industrial products and communications groups overcame losses in gold and silver. The mining index climbed on gains by
        262 words
      • 803 24 -8.16 The Dow Jones industrial average was down 8.16 points to 3.848.06 at 11 am EST yesterday. The New York Stock Exchange composite index was off 0.31 to 258.75, while the S&P 500-stock index was down 0.83 to 466.08. Declines overtook advances 905-856 among the 2.487 issues crossing
        803 words
      • 743 24 Britannia Funds Sterling Cash Bid (Kin Mult I ap Oct*mi *!i MUP 1* ft*»l M,m J<n«\ <.ill 0 IVM (I i+t: Mm Mnkuw *I OI(M 'lOiOO I SS C ash InoKnc Plus Fund .'lOtMOII 'lOMOO PSS RocncKund 5 2MU J J Mm Sterling Kquiti Foni IVf1<HiujtKc I) O-WM Far Fj-4
        743 words
    • Article, Illustration
      3126 25 Reuter HONGKONG Share prices finished sharply higher yesterday, aided by bargain hunting, but trading was thin as sentiment remained cautious, brokers said. The Hang Seng Index closed 233.03 points higher at 10.294.58. It jumped more than 270 points in early trade on an overnight rally of Hongkong stocks in
      Reuter; Source: Bridge Info  -  3,126 words
    • Article, Illustration
      474 25 THE CLSA Shanghai B Index added 9.06 points to 843.21 yesterday after dropping 9 per cent since the beginning this month. Shangling rebounded strongly from its all-time low adding 9.5 per cent on light turnover. Hero also put on 5 per cent while Dazhong and Refrigerator dipped some 5.7
      474 words
    • Article, Illustration
      2448 25 Reuter TOKYO Stocks ended up yesterday but off highs on selling linked to Friday's futures settlements, brokers said. Investors were relieved by Japan's steady bond market but institutions continued to take profits, preventing the Nikkei Average from holding above the key 20,000. Trade linked to futures settlements had a
      Reuter; Source: Bridge Info  -  2,448 words
    • Article, Illustration
      1783 25 Reuter BANGKOK Thai stocks closed lower in sluggish trade after profit-taking eroded morning gains, said brokers. The SET Index ended 8.65 points lower at 1.368.03 on 6.7 billion baht turnover. Declines led advances by 178 to 102. "Investors took short-term profits as they do not expect further market rallies
      Reuter; Source: Bridge Info  -  1,783 words
    • Article, Illustration
      1154 25 Reuter JAKARTA Share prices closed mixed in dull trade yesterday, recovering slightly on local support at the end after pressure from overseas investors sent share prices falling across the board, brokers said. The official index fell 1.20 points to end at 521.17. Pulp producer Indorayon said it had cut
      Reuter; Source: Bridge Info  -  1,154 words
    • 2789 26 MOST ACTIVE volume Mulphj lull "XX. I6JIVUUU AMDS 50c 11 464 (XX) I'ioiiki 7 054 <MM> Ml in H\ J 50c 6.414 OU) kjinuntmg 50c 5-**52 000 J jIvi (niHip 4 851 0110 Nk-iung t orp 4 *****1) Johdn Hldg> 50c 4 039.000 F.U'B SOc 3 911.000 VI
      2,789 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5085 26 Bloomberg Business News KUALA LUMPUR Malaysia's benchmark stock index rose 1.01 per cent to break a five-day losing streak as investors found reason to hope that Malaysian-British trade tensions were easing, analysts said. The Composite Index rose 10.58 points to 1.056.30.
        Bloomberg Business News; Source: Bridge Info  -  5,085 words
    • STOCK EXCHANGE OF SINGAPORE
      • 7689 27 MAIN BOARD Transaction date: Mar 8 Or Gr 199.194 Last Vol Day Um Quutr l)i» Di« \M Net M < ap High Low (ompan\ Sale ("00®) High Low Ba\er Seller S C"»r S K't Naiil INDUSTRIAL AND COMMERCIAL 1440 260 I Vcma 1100 -<>0 74 1130 10*0 1040 1100 12.5
        7,689 words
      • 1966 28  -  By R Sivanithy SINGAPORE Share prices on the main board and Clob International closed lower yesterday, despite a late rebound that left dealers optimistic that a recovery could be on the cards. After rising three points in early trading, the Straits Times Industrials Index
        Charts by Bridge Info; Source: Bloomberg  -  1,966 words
  • Page 17 Advertisements
    • 235 17 NEWS VALUE How today 's new s might affect your stocks Bank Negara's fight with currency speculators still on (pg l) Unlikely to have any impact on ringgit or Malaysian stocks as most of the speculators who need to reduce or square their positions have already done so. Nippecraft wins
      235 words

  • Page 18 Advertisements
    • 222 18 The Key To Successful Private Banking "T (i\K U" "l ktSr\.A* "T\ r J i niiLi* l This chart contains information which can be key to your successful international investment. Every long-term investor knows the only constant in any investment equation is change. A change in short-term interest rates can
      222 words

  • Page 19 Advertisements
    • 194 19 Compare DHL door-to-door and delivery to and from the airport, throughout the journey of your service with normal air freight the price and service advantage of shipments. Plus the security of the and it's easy to see how DHL Express Freight is most advanced shipment track-and-DHL Express Freight jjlL crystal
      194 words

  • Page 20 Advertisements
    • 139 20 PERTH, WESTERN AUSTRALIA THE AUSTRALIAN TAXATION OFFICE CANNINGTON, PERTH, WA Fully leased to the Australian Government for a 10 Stage 1 expression of interest closes Friday, year term from May 1992. 8 April 1994. The property comprises approx. 22,5005qm of lettable area. a full investment report is available from Jones
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    • 272 20 All our 350 Caran d'Ache pens have been given away. For your chance to win exquisite Swiss timepieces, JBM jm simply sign on. Mum A Now when you subscribe to the Business Times, youll get more than just widespread coverage of the latest in business developments fat the region. More
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  • Page 21 Advertisements
    • 2610 21 I 96 A reference in these Articles to a Member or to a holder of any share shall be a reference to a registered holder of shares in the Where COP is the Company, or where such registered holder is COP. the Depositor on behalf of whom COP holds the
      2,610 words


  • Page 23 Advertisements
    • 193 23 Canadian International School (Singapore)... The School, which Is fully accredited bj the Ministry of Education in Ontario, Canada and registered with the Ministry of Education in Singapore, offers tuition to students from Kindergarten to the OAC (Pre U) ISTCL Instruction provided by professionally certified Canadian teachers. An internationally recognized diploma
      193 words
    • 37 23 As and when the latest London/ Ronerdam prices are not available, the previous trading day's closing figures are carried instead. Business bests up when you make the call and I place an I CJLTA I ad. 1737-H—l
      37 words

  • Page 24 Advertisements

  • Page 25 Advertisements
    • 66 25 HAND-MADE BY BALLY IS Bally'tt highly comfortable, hand-made welted shoes. They perfectly reflect Bally's total commitment traditional craftsmanship. Each pair Scribe shoes comes fitted with beech wood shoe trees, cotton bags, a twelve month guaand a voucher for complete overhaul within three years of purchase. Available exclusively at Bally Boutiques
      66 words


  • Page 27 Advertisements
    • 105 27 Up to 70% Financing I J Fl Easy approval 8c payment Scripless counters are also acceptable call us nw i n}i_\TAT LEE FINANCE mfI^HHBS^V V HZq/ Doing ItVburWay i Head Office Tel: 223 9222 Setegte Branch Tel: 338 2097 East Coast Branch Tel: 440 6882KmS*. BuWtPanjang Branch Tel: *****07 Holland
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  • Page 28 Advertisements
    • 1607 28 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 IN THE MATTE* OF THE COMPANIES ACT. CAP.» AND IN THE MATTER Of ROSE REALTY INVESTMENT CO PTE LTD (la Mf ben Yoiuatary liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Scction 308 of the Companies Act. Cap SO. that the Final Meeting of
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    • 31 28 Saw an ad of a house that you may like to own? o Leave your name and telephone number in the seller's ClassiFone mailbox and let him respond to your call.
      31 words

  • Shipping Times
    • 663 29 Reuter DOVER. England P&O European Ferries, the largest operator of cross-Channel ferries between Britain and France, is busy selling the charm of a leisurely sea crossing as the opening of the Channel rail tunnel approaches. It is ferrying tens of thousands
      Reuter  -  663 words
    • 424 29 AP LONDON British trucking companies have strong doubts about using the undersea tunnel to France, and most truck drivers would prefer to ride ferries, according to a survey released on Monday. "The tunnel has some way to go before it secures the support of the
      AP  -  424 words
    • 193 29 COPENHAGEN Danish shipping company DFDS will omit its 1993 dividend after its earnings dropped 50 per cent to 39 million kroner (559.2 million). In 1992. DFDS paid a dividend of 60 kroner a share and expects to resume payments for this year. "With the current
      193 words
  • Page 29 Advertisements
    • 648 29 Drager. SAFETY EQUIPMENT (SOLAS APPROVED) PASO MARINE I Specifically Designed Breathing Apparatus f Foe Maritime Applications HIGH QUALITY HIGH PERFORMANCE HIGHLY AFFORD ABU fIHLVv Draeger South East Asia Pte Ltd 67 Ayer Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 Fax: 773 2033 Tlx: RS ***** DWSING 6TH SINGAPORE INTERNATIONAL
      648 words
    • 57 29 r—— VISA FREIGHT SERVICES PTE LTD 1 1 I| THE TOTAL TRANSPORTATION PEOPLE j 1800 *****66 j Fairplav THE INTERNATIONAL SHIPPING WEEKLY Fairplay Publications Limited PO Box 96, Coulsdon Surrey CRS 2TE. United Kingdom Tel: +44 81 660 2811 Fax: +44 81 660 2824 (Singapore office) Tel: +65 227 2120
      57 words
    • 10 29 Second generation Concorde, Page 18 Index to advertisers, Back Page
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  • SHIPS IN PORT
    • 794 30 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure iurong Port Batamspeed4 ***** poia *****900 <»03 2300 Drt lestari D39 111 alongside 0903 2300 Batam Speed4 ***** P01A 0903 1900 0903 2300 Dongnama Poharg 402 J7 alongside 0903 1500 Ba,s»alefll8 944b P02 0903 0900
      794 words
    • 2033 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance RsNs Ship Voy No Etb/Btr Period From To From Ac. Soan 108A 09,1500 1A 08 1500 08 1659 08 1900 Alb MM** 33 027 10 2100 1A 08 1500 08
      2,033 words
    • 13811 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      13,811 words
    • 1134 45 THE Baltic Freight Index for spot drjf cargo shipping rates rose to 1.112 on Monday from 1.110 on Mar 4. FIXTURES Inker A healthy supply of new business emerged on the tanker m&ket Monday, but bookings were slow to appear, brokers said. Compared to last week trading in
      1,134 words
    • 387 45 COURSES Title: Sea Transport (SDK 70%) Duration: Mar 9 Jun 15 Organiser: Singapore Freight Forwarders Association lei: For more information contact SFFA Secretariat at 253-7550 or fax: 253-2303. Title: Marine Legislation. Administrative Procedures Practices in Singapore (SDF 50%) Duration: Mar 10-31 Organiser: Singapore National Shipping Association Tel: For
      387 words
    • 422 46  -  <Is it possible to spawn a new supersonic civilian aircraft to succeed Concorde, which turns 25 this month? Lewis Mitchell speaks to a Nasa director while the other article looks at what industry executives have to say Lewis Mitchell PRODUCTION of second generation supersonic civilian aircraft is
      Source: NASA  -  422 words
    • 545 46 Reuter Concorde, the world's only supersonic passenger airliner, celebrates its 25th birthday in the air this month but its chances Of spawning another generation look increasingly remote, industry executives say. Like a Ferrari sportscar it guzzles fuel, it's fast, it's expensive and annoys the
      Reuter  -  545 words
  • Page 30 Advertisements
    • 456 30 TSKUNE AGENCIES (S) PTE. LTD. W I W |%T|l Tel: 226-3363 J. •3«l\t JLJLWIIf Fax 226-1972/3 w Tlx; RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I i EXPORTS TO HON6KOH6. MAIW.A. TAIWAN t JAPAN "TWICE WtEKLY" I portoae hot m w ir i j m w w m
      456 words
    • 1512 30 MMCT TO USA WIST COA«T lICMXW CAUWmHK mwini ~l TO EAST MPXTTIWAHSAM IWJtI COHTAWm MBVKH JBBL kw itok I Li oar na gi pal houstor cwc in wuco *sa x* no srai dmciti rtwus btmu-I meinorm-| am rtw kmt- una' w» lma CALIFORNIA JUPITtW 71 HO 3 I 26 3
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  • Page 31 Advertisements
    • 2309 31 BM,W,,N<i ACENC P^^G^ N T°EL A ?!^7??ix' 5:*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) PENANG T |^-|24 U4 FAX: *****1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****82 fg« TEL:*****3/4» F/Ut M 2706 CFS (PSA F5) TEL: *****21/ *****79 TEL *****2/3 FAX *****4 (OPNS) CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR BAHRU TEL.
      2,309 words
    • 2150 31 ■HEHSSaiEBi WEEKLY SERVICE TO FREMANTLE NEXT AVAILABLE SAILING KLANG REEFER V.9407 ETA SIN 11TH MARCH 94 VMaet Voy ETA ETC FMdared by 8 trTTJ* DESTINATIONS Thn «Mk MATHM.DE MAERSK VMM is/03 0800 MRS HI CFS —t« 03 2359 MRS JOM LPK PEN OAK LG6 SFO MEM ATL MIA CHS BAL
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  • Page 32 Advertisements
    • 1533 32 AQABA R OAM/ LE ALSO ACCEPTING FROM VESSEL VOV NO SPORE JEOOAH (VIA JEO) STON H BURG A WERP HAVRE WEST MALAYSIA GA *2 29/3 27/3 KmEJpEEJ DRESDEN EXPRESS 15/309 12/3 21/3 28/3 30/3 2/4 4/4 6/4 Pasir Gudang KIRISHIMA 03/110 16/3 2/4 5/4 3/4 q EAST MALAYSIA i LUOWIQSHAFEN
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    • 647 32 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sote Foreign Forwarder in Kaoui for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ate North Korea Vietnam e Mongolia Hungary FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Bunga Pelangi V 2054 16/3 13/4 Ned
      647 words
    • 1103 32 I NORASIAI WEEKLY SERVICE i WITH FIXED DAY SAILING TQ LA SPEZIA r FFOrS r BARCELONA, VALENCIA i V FOR MORE DETAILS, PLEASE CONTACT: MS TAN SEOW CHUAN/MS FELICIA PEH S PORE GENERAL AGENT: NORASIA A6ENCIES (S) PTE LTD ALSO ACCEPTMG LCL TO: r. in tn.JZLUP"' 3 fUL 47mm VEIRCE/TRKSTE/MCONA/MLEIANORU/fORT
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  • Page 33 Advertisements
    • 1658 33 H STRAITS SHIPPING PTE LTD 10 Hoo Chiang Road #11-01 Koppol Towers Singapore 020S Tat ***** M Fax: *****17 Mrfflll new guinea pacific line (A SERVICE OF CHINA NAVIGATION CO) CARGO DUE SMS MMN BROOKE *071 Mini, lab 07-04 Mar 09 Mar 10 Mar m LCI CONTAMER AMD BMC AX
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    • 1505 33 SINGAPORE AGENT: IJX7CI I P&O Containers (Singapore Agencies) Pte Ltd A. 9 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Tel: 225 2233 Tetex: RS ***** PNOCSP Fax: 225 5327/222 7517 W*- CR Number: **********02 FIRST CARRIER TO OFFER SERVICE TO: INLAND IRAN TEHRAN ISFAHAN TABRIZ GHAZVIN SHIRAZ MESHED
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  • Page 34 Advertisements
    • 628 34 GENERAL AGENT c R N^*****81-0000^^^^^ iflk EKA JAYA AGENCIES p jel. *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE I' MYAHMAHTHAPt PAGER HAHOPHOMC/PWECT 1 WW.LIAM WEE 11«sa MMW V _HJLCMJiMLCII2 HiWTWOt 21 WW* nnttUVHrm r KELVIN CHAW 218H22 M5J722/5352M3 1 ►TO MYANMAR/YANGON SEMI CONTAINER SERVICE ijjjgggZ M OCEANLINES J'
      628 words
    • 1840 34 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FOR VSI SM lUK HAU SU m ni FOIKI SM IUM HAU SAV IM NTC HANJM ELIZABETH 01 IE 113 DBtECT 31/3 1/4 2/4 HANJM ELIZABETH 01 IE 113 M AMERICA 014E 14/4 IS/4 17/4 HAIUN
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    • 1405 34 d* {H Im is *tut rw «i n hi w no in as hi mc im mm mm nr m pm cm m I i auwr kw 1,3 hn u/j is/i r T t ONWIH U 044 15/1 M/l 21/3 21/3 25/1 21/3 21/3 31/3 1/4 1/4 2/4 M/ 4
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  • Page 35 Advertisements
    • 2770 35 II II PLEASE CALL HI II II HI II H| NEPTUNELINK ISOO *****00 (TOLL-FREE) HI HI FOR THE FOLLOWING INFORMATION: I HI HI VESSELS ETA/ETD/CXCHANOE RATES/SHIPPING SERVICES/ I ■I V FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ I AVAILABILITY OF DOCUMENTS FOR COLLECTION I EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO:
      2,770 words
    • 1099 35 a MULTILINE SHIPPING PTE LTD ■V (a member of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 y±Z±X BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL: 03-*****75/697
      1,099 words

  • Page 36 Advertisements
    • 1612 36 44 AS AGENTS: LME (SIN6AMK) PTE LTD («No: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I T MALAYSIA K" UNI MMITMI (MALAYSIA) SON IHO I J mm Wtm TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SARANA LAUTINTERNUSA. TEL: JKT *****08 /fOWfrtt Arwuw
      1,612 words
    • 1130 36 ©APPENSHIP (Q\ HAMBURG CONVENTIONAL A INDEPENDENT LINER SERVICE V-*/ EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADMG PORTS DISCHARGE LOADING FOR UNISON HAM 31/01 ANT 05/02 SPORE 11/03 BKK. LAEM INZHENER PARKHONYUK KLP 09/02 TON 21/02 TRT 02/03 SPORE 24/03. HUANGPU/XINGANG HONESTY SZE 16/02 HAM 22/02 SPORE 22/03.
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  • Page 37 Advertisements
    • 995 37 f PACIFIC INTERNATIONAL LINES (PTE) LTD 1 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I CR NO **********0E VESSEL VOY SIN BKK SIN VESSEL VOY iM JKT SttT StNO*MARINE ERALD MM W3 15/3 4613 15/3 18/3 22/3 SINO MARINE 38N 12/3 IV3 19/3 EQUATOR RUBY 36N IS/3 It/3 23/3
      995 words
    • 1127 37 VESSELS VOY m HAMBURG ROTTERDAM MIIWEEf tHUKS It HARVE WILE D'AQUIA 7532W 11/03 03/04 05 04 <*04 07/04 04/04 Will PHTPM 9232W K/03 0«/04 10/04 11/04 12/04 13/04 WILI PC IW> 7732W 26/03 14/04 20/04 21/04 22/04 23/04 WLU DC MICA 9932W _21/03_ 22/04 24/04 25/04 26/04 27/04 'ALSO ACCCPTMG
      1,127 words
    • 946 37 n_BSAjk mm MYANMA pßk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KI( Pen P.Gd( PAGAN V2O7N 10/13 Mac Sated HPA-AN V2OOW 15/17 Mar PAGAN V2OBW 29/31 Mar MALAYSIA AGENTS BOUSTEAO SMPPttG AGENCES RU. 11l 03 *****00 PKI lEL 03 *****67 PEN lEL 04 *****5 PGO lEL
      946 words


  • Page 39 Advertisements
    • 100 39 MARITIME INSPECTION CORPORATION j Naval Architects/Marine Engineers/Marine Surveyors, esublished I in 1967, more than 20 years experience in international ships' registries. I Specialise in: I Ship registration under open registry countries 11 Offshore business company formation II Statutory survey and issuing of mandatory Load Line, SOLAS, MARPOL II Certificates on
      100 words

  • Page 40 Advertisements
    • 1220 40 ,<`<*|_\@"-"%$}\~?/&;',`(?"|/}, i^JORBUU^ I NORBULK CARGO BERVICEB LTD. 1 I REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES NUGRO 20/3 25/3 ROT/MIT/UK I ISP PK LOAOM6 FOR I NORBULK TBN 20/3 D6N/CT/EL I ALSO LOOPS T6 MAM AND KK I PK SNK/SABAH LOAOM6 FOR •I 4 iNORBULK NAMR 15/3 XIAMEN/SHANGHAI 1 <
      1,220 words
    • 179 40 TO AUSTRALIA/NEW ZEALAND yjl Zm lf«n MHb Syd And Chatat AMI M RrtN JflH 10/4 20/4 23/4 2«/4 >/»* CUXN MtOK 324 lyT 22/4 24/4 1/5 4/5 fnnm iri S/4 11/5 17/5 S/i 24/5 2t/5 MM IHA I 321 21,4 1/4 W 12/* 15/4* J VU AUCKIAM) TO USA/CANADA sil
      179 words

  • Page 41 Advertisements
    • 676 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 13/3 ROTTERDAM 13/3 AARHUS/COPENHAGEN WZ HAMBURG/BREMEN W3 MARSEILLE/FRANCE WZ FELIXSTOWE/UK 13/3 BARCELONA/SPAIN 1073 LEHAVRE/FRANCE 14/3 GENOA/ITALY 14/3 ANTWERP/BELGIUM 13/3 LOS ANGELES/WC/M 13/3 SYDNEY/MELBOURNE 10/3 NEW YORK/EC WZ FREMANTLE/ ADELAIDE 12/3 VANCOUVER A/3 BRISBANE
      676 words
    • 975 41 BfflßE&lHiMiiliin B *m*»*»»~*' :r: w v 1 BTil^—Mil 1 1 8 vtlKl ¥31 *1 1 vessel vov mn pew By ,WUM *21 Mon__i4/3 o*m_ gmm <S4l fh 11/3 s«t I 12/3 BS I VESSEL VOY SIN BKK BHATHA BHUM *5? ttQ_ /3 THAW* BHUM 27W Fri 11/3 Sun 13/3 H
      975 words
    • 609 41 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 PONCNAMA LINE «sa rife m m n n k tulsoas mm ii/j 12/3 i«/i 25/3 27/3 mam nuna mm v/i n/3 20/1
      609 words

  • Page 42 Advertisements
    • 1792 42 pjklMN CONTAINER LINES, INC IZrv/VnAgenU: MAC-NELS SPORE: *****22 (24 LINEB) (PANAMA) LJ \y \U C/ No: **********0e SIBU (084) *****9 KUCHING (082) *****3 PENANG: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK I GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN
      1,792 words
    • 218 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD lID ll* it* Sft»t rati KtIMC PtNMG BlUt lUX Ip Pt Loading toi Mjtr ruvm huohu :o 3 taituiging ird Lojfliri »o» Bonbii 001 PUN X 3 loading foe Mak PIONEER SUPREME 14 3 loilioi Fof Mj4» UMMEEDH S«M Loading For Mai*
      218 words
    • 1099 42 f JL THONG SOON UNES PTE LTD 1 I /W\ 78 SHENTON WAY #10-01, SINGAPORE 0207 I I \J V/ Ttt: 227-50 M FAX: 227-6011 I I TLX: RS ***** CARRER, RS ***** lENHOI CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL vor SPORE PEST VESSEL IvOT [S'PORE |PEST EQUATOR JADE
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  • Page 43 Advertisements
    • 2252 43 Bt ttJwTawEmwi amf I jhc Pakistan national I ljUMßiiaflliHl SHIPPING CORPORATION V|^W|U||jUij|aAUa|a ORIENT LINE" IHCIIHR LINER SERVICE I I FORTNIGHTLY DIRECT CONTAINER SERV CE I 11 JAPAN/BAY Of BENGAL/JAPAN SERVICE TAIWAN TO SINGAPORE ft ASEAN BWEAKBULK A CONTAINER SERVICE SIN TO Jo^TWY^IUIIIIA* II DIRECT WEEKLY TO PORT KELANG/PENANG I 1
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  • Page 44 Advertisements
    • 857 44 Handling System Co. Pte. Ltd. 136 138, Neil Road, #03-00, Singapore 0208 TT7 VT7 M CFS-20, Gul Road, Singapore 2262 Tel: 02-*****28 Handling System Co. Sdn. Bhd. N0.9 Lorong Cungah, ***** Port klang, Selangor. Malaysia 24th Floor, L'MBC Main Building 5004N) kuala Lumpur. Malaysia Handling System (HK) Co. Ltd. Wing
      857 words
    • 433 44 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 18 MARCH (Accepting lo *11 N*w Zealand poets) PENANG H MM JAKARTA 15 MAR PORT KLANG II MAR HONGKONG 13 MAR BANGKOK 13 MAR MELBOURNE 17 MAR SYDNEY 17 MAR FREMANTLE IB MAR BRISBANE 22 MAR ADELAIOE 17 MAR GOTHENRUR6 12 MAR
      433 words
    • 509 44 i This Week's Sailings Singapore I T —7: EIRSI FORW ARDER IN To: ETD lo: ETD vsia awarded Singapore Singapore ,so 9002 BV Q A EVERY EVERY Bangkok SUN Jakarta SL'N EVERY EVERY Manila SUN Ho Chi Minh FRI j» |Dj Sj y EVERY EVERY Colombo TUE Limassol IHLR MTERNATIONAL
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  • Page 45 Advertisements
    • 1356 45 CRYSTAL FREIGHT SERVICES PTE LTD IjSDML, n 5^ 988/*****88 uuHrmm I w«uwMimu>| awi BANGKOK 11/3 AUCKLAND 18/3 ANTWERP 14/3 BUSAN 12/3 ADELAIDE 17/3 FELIXSTOWE 16/3 HONG KONG 12/3 BRISBANE 17/3 HAMBURG 13/3 JAKARTA 15/3 FREMANTLE 11/3 ROTTERDAM 13/3 SURABAYA 15/3 MELBOURNE 11/3 KEaS« A \vl SYDNEY 114 KAOHSIUNG 11/3 _l
      1,356 words
    • 193 45 CEYLON SHIPPING CORPN (sB) National Line of Sri Lanka CONTAINERISED SERVICE TO IK AND NORTH CONTINENTAL PORTS una WT m nSS^ST mi m jgu wg» w/m n/u ai/M m/m m m kx m, w mimi wn w/i3 h/M mmm wmm mih U/M »/M IMMttW iWM Mil l 73/11 ZJ/U WUi
      193 words
    • 267 45 gC ONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.27 WWTS VOY laOWTlVldEol BUENOS DURBAN JAKARTA SINMPOKH MONO KONG KAGO6MBMA YOKOHAMA WMBj Alt— DCKABRtST EBO7 SAILED SAILED 03/03 22 23/03 01/04 07 11/04 12/04 H. KRUPSKAYA EBO6 SAILED 26/02-08/03 21/03 02-QB/04 07 11/04 16/04 20-21/04 23/04 PBAIOB6K EBOB 16/03 16 21/03 03/04
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    • 504 46 NORTH FHB.fftHWES FULL COfiTAWER SERVICc VESSEL VOYAGE SINGAPORE MANIA vigour pacific Mil!! U/03 (FRQ tt/Q? (SAT) rur VKKM PACIFIC 94UM1 14/Q3 (MOW) H/Q3 (SAT) PEWANG iAYA 94£2N 18/03 (FRI) (SAT) PENANG lAYA 9402 AN 21/03 (MON) 26/03 (SAT) SOUTH PHILIPPINES FULL CONTAINER SERVICE VESSEL I VOYAGE SWGAPORE GENERAL SANTOS DAVAO
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    • 402 46 AMY OIN HOLIDAYS IVHEIN YOU SHIP IVITH US I*KI AKIII I K Cc I ONSOI IDAIKn SI KVIt I S I*ll i n> Mill!)!! I M*> lloi "->1 M hului Hill «>2«iH 1• I 22 S M.VN2 I .i\ 224 y%43 ~j <ic PT BAHARI HALUAN SAMUPERA Weekly COMMON FEEDER
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    • 27 46 STRAIGHT 1 TALK v 1 You shouldn't have to read between the lines to get the full picture. c. A Companies Markets. Everyday. Business Times i A
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    • 676 46 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 ISOO 1900 2000 2100 2200 2XO It 2.0 1.7 1.5 1.3 1.3 1.3 1.6 20 2.4 2.6 2.7 2.5 22 1.7 1.3 09 0.6 0.5 06
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    • 916 47 A HYUNDAI MERCHANT MARINE CO. ITD. WESTBOUND TO EUROPE BKG: *****61 Ptt* PCD* VESSELS VOY SIN RTM OUT' LEH* HUM BREt PEL 02/03 04/03 05/03 SI MARINER 309W 14/03 01/04 02/04 04/04 02/04 02/04 05/04 09/03 11/03 12/03 H. INNOVATOR 308W 21/03 08/04 09/04 11/04 09/04 09/04 12/04 16/03 13/03
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  • AIR AND LAND TRANSPORT NEWS
    • 482 48  -  By Juliette Walker SINGAPORE TNT Express Worldwide's Asia-Pacif-ic division has shifted into high gear and is racing after contracts for third party logistics. A recent stud> by the Am-sterdam-based company showed that growth in AsiaPacific document and parcel traffic is leading
      482 words
    • 455 48 AP WASHINGTON British Airways (BA) has told its American partner. USAir. it will invest no more money unless USAir cuts costs that have contributed to millions in losses. USAir chairman Seth Schofield confirmed the British Airways decision on Monday, at the same time
      AP  -  455 words
    • 290 48 FT TOKYO All Nippon Airways (ANA) said on Monday it would post a loss for the year ending this month, its first loss for 22 years, and cut its dividend. The Japanese carrier, hit bycontinuing weak demand, expected a pre-tax loss of 3 billion
      FT  -  290 words
    • 549 48 Reuter GENEV West Europe's car sales are expected to stage a feeble rally in IIW4l l W4 after plunging by two million last year, the industry's worst performance since the *****. \s industry leaders gather here for the first big international car show
      Reuter  -  549 words
    • 1128 48 I'itgt- Col ABC' Containerline 12 5 Accord Ci roup X 1-3 Africa Container I ft 4 Xhrenkiel Liner 4 1/2 AOEShpg 15 4/5 ANL 3 1/2 APL 5 3-5 Appenship 8 4/5 Arabian Express 15 3 \SC L S 5 \\ant Shpg ft
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    • 1720 48 City FHM ETA HQ* ETO_ Crtjr right CT> jggt ETP Abu Dhabi 0K510 1800 0K511 2305 Futaoha SQ989 1705 SQ990 0130 Adolaido SQ227 2030 Geneva SRI 83 2140 Amman RJ182 1440 RJ183 2205 friMgllMM CZ353 1255 C2354 1420 Amsterdam SQ319 0810 SQ324 2230 VN741 1310 SQ176
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    • 436 48 Reuter GENEVA German luxury car maker BMW is moving down-market with its new Compact small car. threatening to elbow its way into markets long dominated by mass car manufacturers like Volkswagen and Opel. The Compact, to be launched on the world market at
      Reuter  -  436 words
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