The Business Times, 14 January 1992

Microfilm: NL17795
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Tuesday, January 14, 1992 75*
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  • NEWS SUMMARY
    • Article
      Anand visiting Vietnam to widen economic ties
      60 1 HANOI Thai Prime Minister Anand Panyarachun will visit Vietnam from Jan 15 to 17 to expand economic ties between the two former enemies and will be the first Thai head of government to go to Hanoi. His trip follows a groundbreaking trip to
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    • Article
      Philippine presidential candidate to be tried
      48 1 MANILA Philippine presidential candidate Miriam Defensor Santiago must stand trial on corruption charges, the Supreme Court ruled yesterday. It upheld a lower court's right to try Ms Santiago for allegedly soliciting money and gifts from businessmen for use in a Christmas raffle.
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    • Article
      EC clarifies probe
      34 1 THE European Commission's probe into claims that Singapore is dumping electronic retail weighing scales concerns only one company in the Republic, according to the EC trade commissioner to Singapore Page 3
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    • Article
      Productivity warning
      38 1 PAY RISES in Singapore have been substantial in recent years while productivity growth have fallen, said the Senior Minister of State for Trade and Industry, Lim Boon Heng, at a human resource seminar yesterday Page 3
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    • Article
      Sisir scheme pays off
      36 1 SISIR's Research and Development Incubator Programme, which provides start-up companies and innovators with infrastructure! support and financial aid to turn ideas into commercial products and processes, has benefited 14 companies Page 4
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    • Article
      E Asian trade rising
      33 1 EAST ASIAN countries, hit by trade friction with the US, have increased trade in their regional market in a bid to reduce their dependence on the US Page 10
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    • Article
      Thai inflation woes
      35 1 VALUE ADDED TAX, income tax cuts and a rise in civil servants' pay is expected to cause inflation in Thailand to surge to more than 10 per cent this year Page 10
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    • Article
      Number one by '95
      32 1 NORTHWEST Airlines, now the fourth largest carrier in the US, has launched an ambitious plan to become the number one American carrier by 1995. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow
      20 1 THE DOW was flat at about 3199 after recovering from a low of 3188 reached shortly after the opening.
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    • Article
      Footsie higher
      27 1 LONDON share prices were higher at midday yesterday. At about 1200 GMT. the 100-Share Index was up 8.7 points, or 0.3 per cent, at 2486.6.
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    • Article
      Warrant prices falling
      31 1 SINCE the start of the year, the prices of warrants in Singapore due to expire in 1992 have fallen by between 32 and 70 per cent Page 5
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    • Article
      CDL seals deal
      30 1 CITY DEVELOPMENTS (CDL), in a hushed-up deal, has sealed a $95 million agreement to buy from the Lam Soon group its Jalan Jurong Kechil site Page 5
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    • Article
      Citic unit plans buyout
      31 1 CITIC Pacific Ltd, the Hong-kong-listed arm of China's trading conglomerate, is planning a HK$3 billion (***** million) buyout of minorities in Hang Chong Investment Ltd Page 6
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    • Article
      HongkongBank denial
      33 1 HONGKONG and Shanghai Banking Corp yesterday denied a newspaper report that said it would put its 14.7 per cent stake in Britain's troubled Midland Bank pic up for sale Page 8
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    • Article, Illustration
      STOCK INDICES
      29 1 Monday Change BT-MGA 727.73 -0.91 Kuala Lumpur ....548.69 -3.21 Tokyo 21,696.86 -685.04 Hongkong 4,325.91 -23.01 Sydney 1,660.4 -9.1 Friday Change New York 3,199.46 -10.07 London 2,477.9 -20
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    • Article
      CURRENCIES
      25 1 Exchange rates USS SS 1.6355 100 Yen SS 1.2944 MS SS 0.6018 Money market rates Overnight 2 1/4 -I 1/2 3-month 2 15/16 +1/16
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    • Article
      COMMODITIES
      36 1 London Geld AM fix US$354.90 -USS1.75 Rubber S'pore Feb.... l28.75'/kg +0.75 M'sia Feb 2l4.00*/kg +0.50 NL Tin Turnover 25 tonnes -9 Spot MS14.53/kg -0.04 Crude pain oil Turnover 1,203 lots +760 Jan MS923 /tonne +13
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  • Article, Illustration
    Myanmar to give economy top priority this year
    533 1  -  Govt designates 1992 its Economic Year From Shoeb Kagda in YANGON AS PART of its plan to boost economic growth and expand exports, the Myanmar government has designated 1992 its "Economic Year." As such, economic matters will receive immediate attention from all
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  • Article
    Singmarine forms boat-building venture in China
    331 1  -  By Dexter Lee SINGAPORE Singmarine Industries Ltd, a listed member of the Keppel group, has formed a new joint venture company in the south of China to build aluminium vessels and other marine structures. The company's partners in the Guangdong-based venture are majority shareholder
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  • Article
    Lock icon Algerian polls halted, PM, military in control
    149 1 Reuter ALGERIA Prime Minister Sid Ahmed Ghozali and a group of military and security strongmen controlled Algeria yesterday, after halting its first multi-party general election. Algerians waited for a backlash from Islamic fundamentalists, who needed just 28 scats to win a parliamentary majority
    Reuter  -  149 words
  • Article
    Policy on Foreign shares not new: SES
    267 1 SINGAPORE Prices of foreign registered blue chip stocks took a beating yesterday in early trading but recovered later in the day as the Stock Exchange of Singapore clarified that its policy on the two-tier pricing system was not new and that the exchange
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  • Article
    20 S'pore firms expected to seek listing this year
    700 1  -  By Amy Balan SINGAPORE The Stock Exchange of Singapore will be kept very busy this year. Despite stiffer rules and tougher policing by the SES, as many as 20 local companies are expected to seek a listing on the local exchange.
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  • PAGE 2 NEWS
    • PARLIAMENT BRIEFS
      • Article
        Abdullah Tarmugi is Deputy Speaker again
        88 2 MR ABDULLAH TARMUGI was re-elected Deputy Speaker of the Eighth Parliament at the start of yesterday's sitting. The Bedok GRC MP was one of two Deputy Speakers in the previous Parliament. The other, Mr Lim Boon Heng, is now the Senior Minister of State
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      • Article
        Six Bills tabled
        73 2 SIX BILLS were tabled yesterday: Singapore Institute of Standards and Industrial Research (Amendment) Bill, by Trade Industry Minister Lee Hsien Loong; Legal Profession (Amendment) Bill, by Law Minister S Jayakumar; Government Securities Bill, by Finance Minister Richard Hu; Institute of Technical Education Bill, by Education Minister Lee
        73 words
      • Article
        42 MPs lined up for debate
        107 2 A TOTAL of 42 Members of Parliament or just over half the House, including the 14 newcomers, are lined up for the debate on the President's Parliament opening address this week. Among the 15 who took to the floor yesterday were four making their
        107 words
    • Article, Illustration
      Peter Sung calls for set-up of business library
      433 2 A BUSINESS LIBRARY should be set up to provide the information companies required as they globalised, Buona Vista MP Peter Sung suggested yesterday. Such a centre would be particularly useful to small and medium-sized companies that could not collect and collate the
      433 words
    • Article, Illustration
      Debate focuses on govt role in market economy
      603 2 Yesterday in Parliament: Reports by Yang Razali Kassim and Anna Teo SINGAPORE'S Eighth Parliament opened debate yesterday on last week's Presidential Address, with the government's role in the free market economy emerging as a central issue. With 15 Members of Parliament old
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    • Article, Illustration
      Govt plans omit kind of nation desired: Chiam
      472 2 MR CHIAM SEE TONG launched the Opposition's salvo at the start of debate in the new session by pointing to what was "glaringly missing" in the government's long-term plans for Singapore. The Singapore Democratic Party leader and Potong Pasir MP said the
      472 words
    • Article
      EC anti-dumping probe narrowed to one company
      405 3  -  Japanese firm denies dumping S'pore-made scales By Schutz Lee SINGAPORE The European Commission's investigation into allegations that Singapore is dumping electronic retail weighing scales concerns only one company in Singapore a Japanese subsidiary called Teroaka Weigh-System Pte Ltd. The EC trade commissioner to
      405 words
    • Article, Illustration
      Lock icon Sons face UK parliamentary inquiry
      378 3 The Maxwell muddle Reuter LONDON Kevin and lan Maxwell, sons of the late media mogul Robert Maxwell, were to face a televised inquiry by a parliamentary committee yesterday which could shed new light on the family's secretive private businesses. The House of Commons (Lower House)
      Reuter  -  378 words
    • Article
      Singapore managers overpaid, says Koh Boon Hwee
      258 3 SINGAPORE Singapore managers are overpaid if their lack of experience abroad is taken into account, according to Mr Koh Boon Hwee, the chairman of Singapore Telecom. "Because of the short supply of managers here. Singapore managers can command very high wages by international
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    • Article, Illustration
      Pay rises hinge on growth in productivity: Boon Heng
      360 3  -  'Changing Business Competitiveness' seminar By Chuang Peck Ming SINGAPORE Workers cannot expect pay rises every year without corresponding increases in productivity, especially at a time of economic uncertainty, says the Senior Minister of State for Trade and Industry, Lim Boon Heng.
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    • Article
      Job-hopping not an excuse to avoid training workers: NPB
      340 3 SINGAPORE Job-hop-ping has been on the decline in recent years and can no longer be an excuse for not training workers, says Mr Koh Juan Kiat, executive director of the National Productivity Board. Speaking yesterday at a conference on Changing Business
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      65 2 T T11 J%)io uk wmT w R F.MAI TIT Wxmbu CHINESE NEW YEAR JIB LIMITED STOCKS. BOOK NOW TO AVOID DISAPPOINTMENT "HONG BAO" FOR TRADE IN* 1 Under IOOOcc 1001 1600 cc 1601 -2000 cc $11,000 $13,000 $31,000 ONLY FOFt CARS ELIGIBLE FOR PARF RENAULT CLIO in#RENAULT RENAULTESPACE w AAi
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      131 3 TV Remote Control Car Remote Control JMite Bate Remote Control Fax Remote Control Yes Sharp FO-511 is the only fax with Remote Retrieval Let's say you're on the way to a client's office. You can use a phone to command the Sharp FO-511 to send messages stored in its J
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        Nigerian envoy presents credentials
        46 4 THE Nigerian High Commissioner-designate to Singapore, Alhaji Tijani Boluri, presented his credentials to President Wee Kim Wee at the Istana yesterday. Mr Boluri, who is now resident in Jakarta, has since last March been Assistant Direc-tor-General, Administration, of Nigeria's External Affairs Ministry.
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      • Article
        Asia-Pacific food conference
        68 4 A TWO-DAY conference on the need for food manufacturers, processors and technologists in the Asia-Pacific region to sharpen their competitive edge in international markets will begin today. Delegates from eight countries are expected to attend the event, organised by IBC Asia Pacific Conferences, at Le Meridien Hotel.
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      • Article
        There are enough $2 notes
        76 4 THE Board of Commissioners of Currency says there are sufficient $2 notes to meet demand for the festive season. Since Dec 16 last year, the board has issued 90.5 million $2 notes. Some 63.2 million of these are new purple notes and 27.3 million are
        76 words
    • Article, Illustration
      Singapore registers 1.7pc growth in visitor arrivals
      390 4  -  Outlook for tourism industry By Hong Lee Tiam VISITOR ARRIVALS in Singapore edged up 1.7 per cent to 5.41 million last year from 5.32 million in 1990, falling within the upper end of the revised one to 2 per cent growth forecast by
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    • Article
      Sisir's 'Incubator' scheme benefits 14 companies
      378 4  -  Programme helps turn ideas into commercial products By Ang Wan May FOURTEEN local companies have so far benefitted from Sisir's Research and Development Incubator Programme which provides start-up companies and innovators with infrastructural support and financial aid to turn ideas into commercial products and
      378 words
    • Article
      Rebound tied to strength of S'pore $
      253 4 Rebound tied to strength of S'pore THE rebound in the tourism industry in 1992 will hinge on the strength of the Singapore dollar against the units of the tourist-generating countries, said James Bax, the managing director of Baring Securities. Speaking at a seminar and workshop on Understanding and looking beyond
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    • Article
      UOB's optimistic
      146 4 THE United Overseas Bank group expects visitor arrivals to rise by 7 to 8 per cent to 5.8 million this year following a modest one to 2 per cent growth projected for the whole of 1991. The group's research division said in its latest economic and financial quarterly
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    • Article, Illustration
      Opening of Pulau Bayan marina likely to be delayed again
      373 4  -  By Dawn Tan INDONESIAN businessman Tjetty's $38 million Pulau Bayan Marina Club, which was originally supposed to have opened in December 1990, is now unlikely to open until at least May this year. Sources close to project say little progress
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    • Article
      S'pore yet to get information from KL
      163 4 SINGAPORE has yet to receive information needed for its own investigation into alleged Singaporean involvement in the illegal dumping of toxic waste in Pantai Remis in Perak, the Ministry of the Environment said yesterday. The alleged illegal dumping was first reported nearly eight
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
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      Page 4 Advertisements Column 2
      177 4 Sweettee orange 'Sweettee orange' is the trade mark of the unique variety of oranges developed by the Guangdong Hong Jiang State Farm. The variety is thus named after the founder. The Hong Jiang orange is widely recognf n. ised due to its great success. y Sweettee This variety has a
      177 words
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  • COMPANY NEWS 1
    • Article, Illustration
      Lock icon Prices of expiring warrants plunge
      620 5  -  Prices have fallen between 32pc and 71pc apiece By Anthony Pang SINGAPORE The prices of warrants due to expire this year have plunged in the past two weeks, with some tumbling on heavy selling. Since the start of the year, prices of the five warrants
      Source: Pont Data  -  620 words
    • Article
      CityDev to pay $95m for Lam Soon property
      369 5  -  By Lilian Ang SINGAPORE In a surprise megadeal that bucks the trend in a generally quiet property market, City Developments Ltd has sealed a $95 million agreement to buy from the Lam Soon group its Jalan Jurong Kechil site. A CityDev statement
      369 words
    • COMPANY BRIEFS
      • Article
        Causeway Investment explains
        108 5 SINGAPORE In its latest response to queries by the Stock Exchange of Singapore on a Hongkong court case which resulted in a $13 million extraordinary loss. Causeway Investment Ltd (CIL) has provided details of how HK$4 million (about S$850,000) to be paid to Mandarin Resources Corp (MRC)
        108 words
      • Article
        Lim Kah Ngam raises stake
        63 5 SINGAPORE The construction-based Lim Kah Ngam group announced yesterday that it had raised its investment in its Malaysian wholly-owned subsidiary'. Augustland Sdn Bhd, from Ms 2 million to Mss million by subscribing 4.999,998 shares of Msl each at par value. Augustland's authorised capital was increased
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      • Article
        Gold Coin completes sale
        74 5 SINGAPORE The board of directors of Gold Coin Ltd said yesterday that the sale of the company's entire shareholding in F E Zuellig (Singapore) to Commissura AG or its nominee was scheduled to be completed tomorrow. In a separate statement. United Merchant Bank yesterday announced on
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    • Article, Illustration
      SIA orders another four Megatops
      280 5 SINGAPORE Singapore Airlines (SIA), in line with its aim to double its fleet to 90 by the year 2000, has ordered another four Boeing 747-400 Megatops costing US$6OO million (***** million). According to a Boeing statement, the contract, understood to be SlA's first order of
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    • COMPANY BRIEFS
      • Article
        BHP unit in Albania, Bangladesh oil pacts
        158 6 MELBOURNE The petroleum division of BHP Co Ltd announced here yesterday agreements to explore for oil and gas in Albania and Bangladesh. BHP Petroleum said in a statement that its Hamilton Oil (Albania) Corp subsidiary had agreed on a production sharing contract with
        158 words
      • Article
        Sony to make mini-disc software
        83 6 TOKYO Sony Corp will start producing software for digital mini-disc systems in Japan, the US and Europe in the second half of 1992, a spokesman said. Sony Music Entertainment (Japan) Inc, 71 per cent-owned by Sony, will start manufacturing 500,000 units a month of mini-disc
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      • Article
        NEC to move Dram production
        97 6 TOKYO NEC Corp said it is moving trial production of 16-megabit (Dram) dynamic random access memory chips to its main production facility in Kyushu, preparing for mass production it hopes to start there in October this year. The company is already carrying out trial production
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      • Article
        Isuzu to increase imports
        103 6 TOKYO Isuzu Motors Ltd will increase the value of its imports and overseas procurement of foreign products to 315.70 billion yen (Ss4 billion) in fiscal 1994 ending March 31, 1995, up 87 per cent from an estimated 168.90 billion yen in 1991/92, an Isuzu spokesman said.
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      • Article
        MHS to focus on investment
        95 6 KUALA LUMPUR Malaysian Helicopter Services Bhd, which is proposing a restructuring scheme involving the transfer of its operations to MHS Aviation Sdn Bhd, will concentrate on investment holding activities. MHS Aviation, a newly incorporated, wholly-owned subsidiary of MHS, will then fully dedicate its resources to
        95 words
    • Article
      Citic plans to buy out Hang Chong minorities
      469 6  -  From Catherine Ong in HONGKONG CITIC Pacific Ltd, the Hong-kong-listed arm of China's trading conglomerate, is planning a HK$3 billion (***** million) buyout of minorities in Hang Chong Investment Ltd, barely two months after taking over the company. Citic Pacific, which now
      469 words
    • Article, Illustration
      Sembawang completes $40m job
      276 6  -  By Selva Kumar SINGAPORE Sembawang Engineering Pte Ltd, the most recent acquisition of listed Sembawang Shipyard, has completed a modern oil production platform, with drilling equipment, for New Zealand owners. Shell Todd Oil Services. The $40 million Maui-B platform will now be towed on a six-week
      276 words
    • Article
      Fuji Offset in food joint venture with European partners
      255 6 SINGAPORE Fuji Offset Plates Manufacturing Ltd has entered into a joint-venture agreement with two partners one Danish and the other Dutch to manufacture a non-diary creamer and other food products in Malaysia for distribution internationally. Its partners in the jointventure company,
      255 words
    • Article
      Lock icon Adsteam expects to wrap up debt deal within two weeks
      246 6 Reuter SYDNEY The Adelaide Steamship Co Ltd's chief executive George Haines said he expects a debt refinancing package for Adsteam and two associate companies to be signed in the next two weeks. Mr Haines said all bankers to Tooth and
      Reuter  -  246 words
    • Article
      Lock icon China's Sinopec sees 1992 exports rising
      261 6 Reuter BEIJING The China Petrochemical Corp (Sinopec), China's state petrochemical monopoly, forecasts its exports to rise by over 10 per cent this year, as it seeks to expand markets into South America and Africa, the China Daily said. The corporation's imports of foreign equipment
      Reuter  -  261 words
    • Article, Illustration
      Lock icon Seoul stock rally fizzles out
      618 6 MARKET TALK Market fails to sustain buying spree after opening to foreigners Reuter SEOUL It took 10 years of planning and worrying that foreigners would snap up corporate Korea but when it finally came to pass, Seoul's stock market liberalisation proved something of an anticlimax.
      Reuter  -  618 words
    • Article
      Lock icon Europe's merger experts face bleak prospects
      769 7 IHT LONDON In an ironic turn of fate, Europe's M&A (mergers and acquisitions) experts are fretting for their future for their bonuses and in some cases even their jobs. In Britain, long Europe's most open and active mergers market, £24 billion (Ss72 billion) worth
      IHT  -  769 words
    • Article
      Lock icon Analysts see global markets diverging
      520 7 MARKET TALK Reuter LONDON On the face of it, the Christmas-to-New Year share rally provided one of the best examples yet of how the world's stock markets move together. The markets climbed in harmony, with Japan and the US gaining 10 per cent and European
      Reuter  -  520 words
    • Article
      Lock icon Macy's to delay paying suppliers this month
      278 7 Reuter NEW YORK RH Macy Co has told suppliers it will be late making its January payments, The New York Times reported in its Monday edition. But it said that the company's vice-chairman, Myron Ullman 111, dismissed in an interview suggestions that the
      Reuter  -  278 words
    • COMPANY BRIEFS
      • Article
        Riyadh and Tokyo in refineries joint venture
        129 7 RIYADH, Saudi Arabia Saudi Arabia and Japan have agreed to set up a joint venture to build refineries in both countries, Japanese Minister of International Trade and Industry Kozo Watanabe announced on Sunday. The refining agreement, which has been rumoured for months, was
        129 words
      • Article
        Elf denies talks with Bull
        64 7 PARIS State-controlled oil firm Ste Nationale Elf Aquitaine, responding to recent press reports, said it is not in discussions with Cie des Machines Bull and has no intention of taking a stake in the loss-making state computer firm. French daily Le Figaro was the latest
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      • Article
        Sale of Minol Oil gets the nod
        71 7 BONN After nine months of deliberations, the agency supervising the privatisation of former East German state enterprises has approved its second-largest deal to date: the sale of Minol Oil Company to a French-German consortium, Der Spiegel reported on Monday. The German news magazine
        71 words
      • Article
        Goodyear to complete asset sales
        82 7 DETROIT Goodyear Tire Rubber Co chairman Stanley Gault said he expects to complete asset sales totalling US$45O million (***** million) to US$5OO million in the First quarter of 1992 and plans a spring price increase for replacement tyres. Following a speech to an automotive industry
        82 words
      • Article
        Safety tests put off for years: report
        87 7 NEW YORK Scientists at Dow Corning Corp urged company officials for years to conduct critical safety tests of its silicon gel breast implants, but the tests were put oft for more than a decade, The New York Times reported. Hundreds of company documents
        87 words
      • Article
        GBL chief's New Year wish
        64 7 BRUSSELS Albert Frere, chairman of Groupe Bruxelles Lambert SA, Belgium's second-largest holding company, wants Banque Bruxelles Lambert to remain Belgian, he said in a newspaper interview. "I want to keep BBL Belgian because of my attachment to the name 'Lambert' and because of the geographical
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      181 5 b| |h With the International Tele-Charge Card (ITCC), you can make overseas calls to virtually anywhere*, from any push-button phone in Singapore, without having to worry about H paying for it on the spot. Even on those without an IDD line. This Overseas Easy Dial facility of the ITCC allows
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      148 6 Aim for a Asian mtomm AEROSRACE'92 ASIAN AEROSMCE is considered one of the world s most important air shows. Three of our newspapers will be publishing a rm m -j rrr special feature in conjunction with this great The StraitsTimeS exhibition of airier. FEBRUARY 24,1992 Readers will get to read
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      61 7 ~~-Jt 'i II jA siks I* Pirelli "tyres push the performance 0"f almost every make and model o~f car. So why don t more people use them? Chicken. «rti/~rnd tvki? DnßSor SAAR TOVOTA AMD VOIVO DISTRIBUTED BV AUTOACC TRADING PTE LTD TEL 749-»«SS AVAILABLE AS OHIGtfMAi, EQUIPMENT TVRES ON ALFA
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        BCCI: courts expected to approve liquidation
        97 8 LONDON High courts in Britain and the Cayman Islands are expected today to permit regulators to wind up the scandal-hit Bank of Credit and Commerce International (BCCI). The decisions are likely to be little more than a formality, following a Jan 3 ruling by
        97 words
      • Article
        Banks extend credit to Bull
        100 8 PARIS French state-owned computer group Cie des Machines Bull said yesterday that a group of more than 30 banks had extended it three-year credits worth US$l.l billion (SSI.B billion). Bull said in a statement that a syndicate of 26 banks, including 19 banks from outside
        100 words
      • Article
        Sumitomo Mining hits gold vein
        117 8 TOKYO Sumitomo Metal Mining Co Ltd has hit a gold and silver vein in the north of Japan's Honshu island, but the size and quality of the vein are not yet known, a company spokesman said. Ten borings in the Ohtohge mine, 40 km west
        117 words
      • Article
        Miti inspects credit firms
        101 8 TOKYO Concerned over the rising number of credit card bankruptcies, Japan's Ministry of International Trade and Industry (Miti) has started to inspect individual credit firms' business operations, a Miti official said. Last year Miti conducted a two-day inspection of credit firms, Orient Corp in November and
        101 words
      • Article
        Firms deny report on China aid
        93 8 TOKYO Japanese trading firms and the Export-Import Bank of Japan have denied a newspaper report that China is seeking financial assistance to build a 3,300 km long oil pipeline, company officials said. "Our company has not received any specific request from China to help
        93 words
    • Article
      Lock icon HongkongBank denies it will sell its stake in Midland
      430 8 Reuter HONGKONG Hongkong and Shanghai Banking Corp denied yesterday a report that it would put its 14.7 per cent stake in Britain's troubled Midland Bank pic up for sale. Analysts said Hongkong Bank, the British colony's biggest bank, would run up
      Reuter  -  430 words
    • Article
      Lock icon Taiwan to remove ban on gold exports
      434 8 Reuter TAIPEI Taiwan is to lift its 43-year ban on gold exports, and officials and bullion dealers yesterday said the relaxation will turn the island into one of Asia's major gold trading centres. The Monetary Affairs Bureau said on Sunday that the Cabinet
      Reuter  -  434 words
    • Article
      Lock icon Full privatisation of Philippine National Bank approved
      307 8 Agencies MANILA President Corazon Aquino has approved the full privatisation of the statecontrolled Philippine National Bank (PNB), the country's largest bank, PNB president Edgardo Espiritu said yesterday. Mr Espiritu said foreigners would be allowed to own 40 per cent of the PNB's shares
      Agencies  -  307 words
    • Article
      Lock icon Chase posts sharp rise in Asia-Pacific income
      237 8 AFP HONGKONG The Chase Manhattan Corp said here yesterday that its operating income in the Asia-Pacific region rose 220 per cent in the fourth quarter of 1991 over the same period in 1990, and grew 95 per cent over the full year compared
      AFP  -  237 words
    • Article
      Lock icon Japan plans financial reform bills
      427 8 Ministry to propose changes to securities, banking, merger laws Reuter TOKYO The Ministry of Finance (MOF) is planning to submit sweeping financial reform legislation to Parliament next month, MOF officials said yesterday. MOF will propose revisions to Japan's Securities and Exchange Law, Banking Law and
      Reuter  -  427 words
    • Article, Illustration
      Lock icon A boost in Asian currency dealings
      655 8 TOKYO A rising tide of Japanese trade and investment in other parts of Asia is steadily increasing the prominence of Asian currency transactions at Japanese commercial banks and foreign bank affiliates, the Nikkei Weekly reported in its latest issue. Fuji Bank in November formed
      Source: Japan's Trade Statistics  -  655 words
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      Page 8 Advertisements Column 1
      129 8 PRIME ENBLOC OFFICE BUILDjNG Raffles Place, Singapore I I 1 11 J 1 TTI 1 1-3 PHILLIP STREET is I SOUTH BRIDGE ROAD located in the heart of I -i V 7 Singapore's Raffles I I ntre I Place financial district. 1 H /o 2 minutes walk from I -ia
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  • THE REGION
    • Article
      Lock icon Power crisis dims Philippine prospects
      618 9 Chronic brownouts could derail a forecast economic rebound UPI MANILA The Philippines may be marching towards its worst power shortage in decades as Manila grapples with how to launch an economic recovery and keep the lights on. The government of President Corazon Aquino has initiated
      UPI  -  618 words
    • Article
      Lock icon Oil find may ease bleak Philippine energy outlook
      347 9 Reuter MANILA The Philippines, rocked by an energy shortage that is closing down industries in the drought-hit south of the country, is on the verge of becoming a significant oil producer, industry analysts said yesterday. While neighbouring Indonesia and Malaysia are both
      Reuter  -  347 words
    • Article
      Lock icon Malaysian, US officials dismiss concern over EAEC discord
      493 9 AFP KUALA LUMPUR Malaysian and US officials have dismissed worries here that a dispute over Washington's rejection of a proposal by Kuala Lumpur for a regional economic grouping might sour bilateral ties. Malaysian Foreign Minister Abdullah Badawi and US Ambassador Paul Cleveland
      AFP  -  493 words
    • Article
      Lock icon HK film industry to protest against triads
      233 9 AFP HONGKONG \joc*\ film stars and other members of the movie industry will stage an unprecedented march here tomorrow against extortion and threats by organised crime, as a leading actor revealed he had been a victim. The march by five groups representing actors,
      AFP  -  233 words
    • THE REGION/THE WORLD
      • NOTE BOOK
        • Article
          US farm exports to Australia at record level
          109 10 WASHINGTON United States farm exports to Australia have nearly doubled sinee 1987, reaehing a record US$236 million (SS3BS million) in 1991, the US Agriculture Department savs. Major exports include processed fruit and vegetables, US$2O million in 1991, up from US$l2 million in
          109 words
        • Article
          Philippine firms eye Viet deals
          84 10 BANGKOK A delegation of Philippine business leaders has been studying possible projects in Vietnam, the official Vietnam News Agency said in a report seen yesterday. Deputy Premier Phan Van Khai met the delegation last Thursday in Ho Chi Vlinh City, the commercial centre in the
          84 words
        • Article
          Unemployment at 4-year high
          93 10 MANILA The average yearly Philippine unemployment rate rose to a four-year high of 10.58 per cent in 1991, up from 8.38 per cent the previous year, National Statistics Office (NSO) figures show. It was the first time the figure had reached double-digits since 1987, when it
          93 words
        • Article
          Fiji unions plan strike over laws
          99 10 SUVA, Fiji Fiji's trade unions plan to stage a national strike next month to protest against what they call draconian new industrial laws, Fiji Trades Union Congress (FTUC) president Michael Colombus said yesterday. The interim government introduced tough laws last October, effectively outlawing all
          99 words
        • Article
          PNG PM in Jakarta for talks
          65 10 JAKARTA Papua New Guinea Prime Minister Rabbie Langanai Namaliu arrived here yesterday for a three-day official visit during which a protracted border dispute will be discussed. Mr Namaliu and Indonesian President Suharto are expected to discuss the ill-defined 800-km border in a jungle between
          65 words
    • Article, Illustration
      Lock icon Rise in trade seen among East Asian countries
      669 10 Increase attributed to trade friction with US TOKYO Trade friction between East Asian countries and Washington has forced these nations to turn to their regional market in a bid to reduce their dependence on the US, traditionally their biggest export market, according
      Source: Direction of Trade,IMF  -  669 words
    • Article
      VAT, tax cuts and pay rise may push up Thai inflation
      306 10 BANGKOK Inflation in Thailand could surge to more than 10 per cent this year because of direct and indirect pressures from value added tax (VAT), income tax cuts and a rise in civil servants* pay, says a Thai newspaper.
      306 words
    • Article
      Lock icon Gulf aid diverted to Central Asia
      536 10 Islamic republics to get bulk of funds slated for former Soviet Union Reuter WASHINGTON Saudi Arabia and other Gulf Arab states have decided to channel the bulk of their aid to the former Soviet Union to predominantly Islamic republics in Central Asia to stop
      Reuter  -  536 words
    • Article
      Lock icon Taiwan planning big R&D drive to gain high-tech edge
      447 10 Reuter TAIPEI Taiwan, long a successful exporter of lowcost consumer goods, plans to plough billions of dollars into research to become competitive in advanced technology. Officials and businessmen say it must modernise its industry faster if it wants to remain one
      Reuter  -  447 words
    • Article
      Optimistic outlook for Thai realty business
      303 10 BANGKOK Thailand's realty business is expected to grow by at least 10 per cent as it is expected to benefit from low oil prices and low interest rates, according to a Bangkok Post report. Deputy Finance Minister Virabongsa Ramangkura was quoted by the paper
      303 words
    • Article, Illustration
      Lock icon Export boom in computers, parts
      324 10 BANGKOK Thai computers and parts grew to become the country's second largest export items in 1991, a newspaper here reported last Saturday. The dynamic growth of the industry was remarkable, given that Thailand started exporting computers and parts only in 1985, The Nation said. Last
      Source: The Nation  -  324 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      421 9 Cardmembers can go higher From now until March 31,1992 American Express Cardmembers 2818 FAX 220 8809 can enjoy Singapore's premier deposit service. For example, our foreign currency deposits guarantee high interest rates on first renewals. An advantage which sets you apart from other investors. Account Upener Because at American Express
      421 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      334 10 HOW TO f STAY TRIM IN BUSINESS BY CUTTING CORNERS These days, to slay successful in business, one has to be highly competitive.That means having the right image, up- to- date office equipment and full time experienced staff; yet keeping low overheads. Here at World Wide Business Centre Pte Ltd,
      334 words
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      Page 10 Advertisements Column 2
      165 10 For businessmen and investors: An invaluable r Vietnam Business Directory 1992/93 First and only Edition. This Directory provides information on: State Committee for Cooperation and Investment Organisations in Profile Useful addresses and telephone numbers Communication network air, sea, road and rail Export Processing Zone 1 Laws, regulations St tariffs of
      165 words
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  • THE WORLD
    • Article
      Entry of foreign names set to shake up Indian market
      634 11  -  Move expected to boost quality and competition From Rajendra Bajpai in NEW DELHI A GOVERNMENT decision to allow Indian manufacturers with foreign tie-ups to use foreign brand names could mark the beginning of another chapter in open competition. Industry sources
      634 words
    • Article, Illustration
      Lock icon Russian Speaker criticises price rises
      320 11 UPI MOSCOW The onslaught of market prices in Russia has failed to create anything resembling a real market, a top Russian government official has said, describing a situation that most shoppers already know. Across-the-board price increases designed to launch the country on the road to
      UPI  -  320 words
    • Article
      Lock icon Bush facing criticism over trip's results
      530 11 Pledge to create jobs derided by press and Democrats Reuter WASHINGTON White House officials were busy over the weekend trying to put the best light on US President George Bush's controversial trip to Japan, but critics charge his promise of "jobs, jobs, jobs" is
      Reuter  -  530 words
    • Article
      Lock icon Governors scramble to deal with budget crises amid recession
      462 11 Reuter NEW YORK The United States recession has created Depression-like gloom in many of the country's 50 states as governors desperately raise taxes, sack state workers and slash serv ices to the poor to balance their budgets. But groups that monitor
      Reuter  -  462 words
    • Article
      Lock icon Gatt talks likely to sidestep farm issues for now
      489 11 NYT WASHINGTON A proposal to pull down world trade barriers has received a lukewarm response from many countries because of its provisions on farm products, forcing negotiators to focus more on opening world markets for other goods, say American and European
      NYT  -  489 words
    • WORLD WATCH
      • Article
        US convinced Pakistan has N-device: senator
        126 11 ISLAMABAD The US government is convinced Pakistan has gone beyond a theoretical nuclear capability and has developed a nuclear bomb, an American senator said yesterday. "The Bush administration has determined that Pakistan has a nuclear device it could use," Republican Senator Larry Pressler said
        126 words
      • Article
        N China economic zone planned
        90 11 HONGKONG Chinese Premier Li Peng has approved making a town near the border with Russia and North Korea the centre of a special coastal economic zone, it was reported here yesterday. The development of Hunchun on the Tumen River, China's only access to the Japan
        90 words
      • Article
        UK business confidence down
        86 11 LONDON The confidence of British business about the prospects for sales and orders has fallen since September, a survey by Dun and Bradstreet International (D&B) said yesterday. Six out of 10 of the 1,800 company managing directors surveyed see no improvement in either sales or new
        86 words
      • Article
        Argentina to seek IMF loan
        92 11 BUENOS AIRES Argentina will start an all-out campaign this week to get a US$3 billion (554.9 billion) IMF loan and reschedule its USS4I billion commercial debt this year. Argentine officials will tour the world's financial centres trumpeting their economic achievements such as balanced government books
        92 words
      • Article
        All eyes on Turkish package
        98 11 ANKARA Turkish businessmen are hoping for a clarification of the economic policy in a stabilisation plan that Prime Minister Suleyman Demirel's government may unwrap this week. Mr Demirel and Minister of Economic Affairs Tansu Ciller are expected to unveil the long-awaited package, along with a
        98 words
    • Article
      Lock icon Bonn's foreign policy more assertive
      550 11 IHT BONN German officials acknowledge that their foreign policy has become more assertive, but they insist that the shift mainly concerns Germany's special interests in Eastern Europe. Its actions towards Yugoslavia, in which Bonn recognised Croatian independence despite other western governments' objections, underline the special
      IHT  -  550 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      90 11 Lunch 59.00 Dinner $13.50 En/oy our Shabu Shahti Sukiyaki Barbecue RESTAURANT KSM3E Tel: 734-6796 4th fir Unit 04-06 07 Tanglin Shopping Centre Air flown KOBE BEEF also available KEPPEL FINANCE LIMITED (Incorporated m Singapore) ANNOUNCEMENT Pursuant to Article 23 (4) ol the Articles ot Association of the Company, tt is
      90 words
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      Page 11 Advertisements Column 2
      199 11 IJ}sfj§]fnt INSTITUTE OF CERTIFIED PUBLIC I ACCOUNTANTS OF SINGAPORE I I A DEVELOPMENT PROGRAMME I FOR EXECUTIVES! I The Certified Diploma in Accounting and Finance (CDAF) is a post-graduate level I qualification which is offered by the Chartered Association of Certified Accountants I (United Kingdom). It aims to provide executives
      199 words
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  • Article
    No need for panic
    532 12 EDITORIAL THE across-the-board fall in the prices of Foreign shares of local blue chip companies yesterday, mainly in reaction to a Stock Exchange of Singapore letter reiterating existing policy, was overdone. The policy is not new, even if it has not been stated so explicitly in
    532 words
  • WHAT THE OTHERS SAY
    • Article
      Capital arguments
      297 12 ONE of the most significant proposals made by Chief Justice Yong Pung How when he opened the new legal year was to have one judge instead of two hear capital cases. If the proposal is accepted, it will be the second significant change to the trial of capital
      297 words
    • Article
      Friendship in return
      98 12 THE VISIT by China's President Yang Shankun reflects the growing importance of the relationship between Singapore and Beijing not only for trade but also for cultural ties. It has highlighted China's respect for Singapore. But the most important aspect of the visit is the reiteration of China's
      98 words
    • Article
      Bush's limited returns
      121 12 DURING his recent trip to Japan, US President George Bush's aim was to persuade Japan to open up its market for US cars. Japan's car industry has promised to import more US-made spare parts. However, it is doubtful if this will work. The Japanese feel that US
      121 words
  • REGIONAL VIEWPOINTS
    • Article
      Old hostilities die hard
      144 12 THE former Soviet republics are struggling to assert their identities and free themselves from the quagmire of state communism. The frustrations are being vented on neighbouring republics, with nationalism and ethnic tensions being expressed violently. Diverting public attention from domestic problems by engaging in wars against
      144 words
    • Article
      Bumiputras' boon and bane
      180 12 AFTER various policies being formulated, millions of ringgit being allocated, several banks and agencies being set up, numerous congresses and conventions, the problems of bumiputra participation in the economic field remain unresolved. All of these problems can be understood and accounted for by simple explanations. The
      180 words
    • Article
      The US power-economic gap
      136 12 THE SUMMIT TALKS between Japan and the United States drastically show the emergence of a new international situation that can be referred to as one of US problems a gap between the domestic political management ability and the diplomatic power of a country that has remained
      136 words
  • Article, Illustration
    Lock icon It pays to do your own thing, sometimes
    1524 12 History shows that when major economic powerhouses run on different tracks, they end up in a collision course. Now, the US and Germany are doing just that. However, analysts say the main casualty this time may be Europe IHT TWICE in the
    IHT  -  1,524 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      22 12 DOONESBURY BY GARRY TRUDEAU m'miSjp ounAr* mat'www/W' um.. something gqop* y WHAT tot Fl- I lAUUST6OE&NG.. THeMcvte up TO sclwaboutcur PEtAT^N^HIP 1
      22 words
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  • ANALYSIS
    • Article
      Lock icon Surge in Wall Street prices spurs interest in options
      1197 13 Traders are finding that fortunes can be made, or lost, in a volatile market NYT OPTIONS, the financial instruments that feed on Wall Street excitement, are booming. Volatility in the stock market is always good for the options business, and the
      NYT  -  1,197 words
    • Article, Illustration
      Property deals in Australia getting even sweeter
      1737 13  -  Singaporean interest in Australian properties, already quite keen, is set to hot up now that the Aussie dollar is at a 20-month low and another rate cut may be round the corner. Florence Chong reports from Sydney Florence Chong INVESTORS waiting to consummate
      1,737 words
    • Article, Illustration
      Lock icon Close electoral fight prompts rethink on British voting system
      889 13 Liberal Democrats campaigning for a proportional representation system of government Reuter IN the run-up to what could be an unusually close election, Britain's Conservative and Labour parties are haunted by the fear that an indecisive result might jeopardise the very system
      Reuter  -  889 words
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  • FOCUS
    • Article, Illustration
      Lock icon State of uncertainty prevails
      816 14 The Algerian crisis Reuter Algeria's political future is in doubt after President Chadli Bendjedid's surprise resignation late on Saturday night. A second round of legislative elections is due to be held on Thursday, but this is now uncertain following Mr Chadli's resignation, the dissolution of the
      Reuter  -  816 words
    • Article
      Lock icon Paris, London react cautiously to events
      511 14 AFP FRANCE has called the resignation of Algerian President Chadli Bendjedid "an important event" while the British government has advised British subjects to delay visits to Algeria, though advising Britons living in Algiers to stay. A British Foreign Office spokesman said yesterday that "while
      AFP  -  511 words
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  • INNOVATION & TECHNOLOGY
    • Article
      The business of testing stress
      502 15  -  If you want to know whether a roof can stay up, who do you call? Joseph Rajendran finds out Joseph Rajendran A ROOF spanning three and a half soccer fields has only a few main columns supporting it. While its broad sweep is sure to
      502 words
    • Article, Illustration
      PC giants unleash pint-sized gladiators
      583 15  -  Kenneth James looks at Sharp's challenge to Hewlett-Packard in the palm-top PC arena IT MATTERS Kenneth James JUST OVER six months ago, top Sharp executives were in Singapore to introduce a new line of portable personal computers, including a colour laptop. That was about the
      583 words
    • Article
      PC-3000: speedy, user-friendly and versatile
      297 15 COMPARED with the HP palmtop, two differences in the Sharp model are immediately evident. The PC-3000 boasts a look-alike PC-style keyboard down to the function keys across the top, in sharp contrast to the HP palmtop's calculator-like keys. And wonder of wonders, it really is
      297 words
    • Article, Illustration
      Lock icon Welcome to the brave new world of gene therapy
      655 15  -  Manipulating genes holds the promise of curing many deadly ailments, reports Paul Recer Paul Recer AP FOR decades, the idea of curing disease by mending or replacing a broken gene seemed possible only in science fiction. That's no longer the case.
      AP  -  655 words
    • Article
      TECH TAKES
      520 15 SINGAPORE The National University of Singapore recently signed a bilateral agreement on education and research with Sweden's Linkoping Institute of Technology, which i* part of Linkoping University. The NUS will also be able to tap the resources of the Swedish university's seven faculties engineering, medicine, humanities, social and
      520 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      42 15 MITA(P) 53/8/91 VOL 16 No 1 JANUARY 1992 S4 SPINNING §S 531E13 STOCKS I I fcjjJ Govt-linked companies Prime Ministers Goh and Anand: Summit's Available at newsstands from your newsvendor Times the Bookshops j For subscription enquiries, call 256 5559 (toll tree)
      42 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      371 16 From Alaska to New Zealand and China to the Middle East, Sembawang Engine Congratulations to Sembawang Bel on the successful completioilf Maui B production module and drilling fji Shell Todd Oil Sen/ices of Newrji ,#l Uj The picture shows the Maui B module loaded on a barge ready v P-
      371 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      283 17 the Middle East, Sembawang Engineering serves the world sto Sembawang Engineering cessful completion or the •odule and drilling equipment set for XI Services of New Zealand Sembawang Engineering was the first- and is still the only heavy engineering company in Southeast Asia certified by Lloyd's Register the National Accreditation of
      283 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      977 18 HNothingßeats ABud. B where t wine, dine OF GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE: HERNEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT SNACKS WITH GOOD FRIENDS. wL INCI' A MEMBER OF
      977 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      623 18 TELEVISION AND RADIO q "11*1 I *$BC 12 **'®5 Hitchhiker Home- Quran (L BUSINESS ON RADIO; 1„. I prmtuqfr\t* rvn l?" BBC ,»».*mm*m b«*» ACI llilllCltUl Ull llUilUd y 8M XT'" Ledie Mrt GMk 7 05am 1.30pm S OSpm. l.OSam. g/ 830 Close. SRCB I of The Jeffersons. and Na-
      623 words
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  • LIFESTYLE
    • Article, Illustration
      The best of David Foster
      484 19  -  An incredulous Susan Tsang meets a genuine Mr Nice-Guy of the music world Susan Tsang DAVID Foster seems too good to be true: he is polite, he is forthcoming when he answers the usual media questions, he has a sense of humour and he dotes
      484 words
    • Article, Illustration
      Lock icon Paul Simon brings Graceland home
      672 19  -  Christopher Wren reviews the first concert in Paul Simon's controversial South African tour Christopher Wren NYT PAUL SIMON brought the driving rhythms of his acclaimed Graceland album home to South Africa on Saturday night, beginning a controversial series of conccrts that effectively ends a long
      NYT  -  672 words
    • Article
      Lock icon E Europe, ex-Soviet states have highest heart death rates
      373 19 AP EASTERN Europe and the former Soviet republics have the world's highest death rates from heart disease, the American Heart Association said on Sunday in Galveston. Hungary had the highest heart disease death rates of any nation more than 800 heart
      AP  -  373 words
    • Article, Illustration
      And baby makes three for the Jaggers
      391 19 CHATTERBOX TEXAS MODEL Jerry Hall gave birth to a daughter on Sunday, a third child for her and Rolling Stone Mick Jagger Georgia May Ayeesha was three days overdue but there were no difficulties for the 34-year-old mother. "The baby weighs 7 pounds
      391 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      155 19 AND ENTERTAIN W*ff Catch the dynamic energy of Ms Rima Rasif and the Kabooms. Dynamite. Explosive. Superfun. Eveiy Monday to Saturday 1 Happy Hours: 61» 9 pin ANA HOTEL (one for one special) SINGAPORE 16 Nassim Hill Singapore 1025 Teteofwne (65) 732 1222 \A promotion depends on how well you
      155 words
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      Page 19 Advertisements Column 2
      135 19 m. yr w Hm' A x Hi: Classical Japanese Food Prepared in The True Kaiseki Style <* Complete set Lunch from $18.00+ Sushi Set Lunch from $18.00+ Tempura Chawanmushi Set Lunch at $20.00+ T '•0 You Don't Have To Be A Member to Fine Dming 4 >iW> NiSHoa Restaurant Marina
      135 words
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  • SPORTS
    • Article
      Lock icon Elkington seizes Infiniti title in sudden death
      692 20 NYT CARLSBAD, California Smooth-swinging Steve Elkington rebounded from some erratic ball striking and a botched putt to seize the Infiniti Tournament of Champions on Sunday in a sudden-death playoff with Brad Faxon. Elkington, who missed an eight-foot birdie putt that would have given
      NYT  -  692 words
    • Article, Illustration
      Lock icon McNulty savours victory in Zimbabwe Open
      241 20 AFP HARARE Zimbabwe's Mark McNulty was a runaway winner of his home country golf championship at Royal Harare here on Sunday. He finished nine shots ahead of compatriot Tony Johnstone and broke the championship record by five shots. McNulty, rated 12th in the world,
      AFP  -  241 words
    • SIDE LINES
      • Article
        Lendl, Edberg win first-round matches
        150 20 MELBOURNE Two-time champion Ivan Lendl breezed through his first-round match at the Australian Open tennis championships yesterday and said his form was confusing him. "1 feel like I'm not playing particularly well but winning matches easily," Lendl said after his 6-4, 6-2, 6-2 win over
        150 words
      • Article
        One body at last
        96 20 CAPE TOWN South Africa's two leading track and field groups one white, the other black formed a unified body on Sunday in a move that should clear the way for Olympic participation. With unity in athletics, virtually all major sports in South Africa are now governed
        96 words
      • Article
        Servia takes 17th stage
        111 20 OSHIVELO, Namibia Salvador Servia of Spain overcame the sweltering heat of northern Namibia to capture the 17th stage of the Paris-Cape Town rally on Sunday. Also, motorcyclist Francois Alti was seriously hurt, suffering a broken arm, a broken leg, a dislocated hip and facial injuries when
        111 words
      • Article
        Rain delays match
        78 20 NELSON, New Zealand A New Zealand XI invitational side was 128-4 at stumps yesterday after early problems on the rain-delayed opening day of a three-day cricket match against England. New Zealand captain Mark Greatbatch won the toss and elected to bat on a pitch affected by heavy
        78 words
    • Article, Illustration
      Lock icon Another bout of confusing politics
      750 20 NYT NEW YORK Never mind that it is a new year. For v boxing, it is business as usual. In other words, more n confounding organisational i politics. I The plans of the promot- a er, Dan Duva, to have Evan- c der Holyfield defend
      NYT  -  750 words
    • Article
      Lock icon Accola makes a dent in Tomba's optimism
      414 20 AP GARMISCH-PARTENKIR-CHEN, Germany After getting some unexpected help from a young team-mate, Alberto Tomba knows what he has to do: keep winning. But that may not be enough to preserve the Italian star's lead in overall World Cup standings. For that, Paul Accola
      AP  -  414 words
    • Article
      Lock icon Chess may come to mourn Soviet Union's passing
      535 20 Reuter LONDON The collapse of the Soviet empire may threaten bleak times for the game of chess. Many countries will be happy if fragmentation into separate republics makes it easier to challenge Moscow's long monopoly on world team and individual championships. The
      Reuter  -  535 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Foreign-registered shares lead market lower
      3994 21  -  By Shoeb Kagda IT WAS a day when the big fish decided to go elsewhere. Scared away by the weekend news break that imminent changes were likely in the structure of foreign registered shares, major institutions stayed out of the market yesterday. The day began
      3,994 words
    • Article, Illustration
      Lock icon HOT STOCK
      74 21  -  By Chew Eng Han Comment RESISTANCE at $2.25 has been cleared and Sime Darby looks set to climb further to the initial target of $2.50. Expect a slight retracement from there before the stock heads for the next resistance at 52.65-52.68, which is unlikely to be broken for
      SOURCE: PONT DATA  -  74 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    2788 23 MSB 50* 126 +11 +9.6% Sime Darby 50« 241) +-2 +0.8% PMC 50' 148 i-l +0.7% Public Bank 50* 83 +1 +1.2% Ind Ox\gen l.n 45 +Vi 4-1.1% .MSB 51)* I -♦> 9.b% f 11 Public Bank. 50* 83 1.2% Ind Oxygen Ln 45'i +1.1%
    2,788 words
  • Page 23 Advertisements
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      267 24 Company Date Year Group Nat Nat earnings Gross Ma to profit/loss (L) par share dividend (000) (cents) Goodwood Park Jan 10 Sep 91 $22,137(121,216) 49 2(47 1) 80(50) H Msia Jan 10 Sep 91 $429($1,886) 26(11 4) 15(20) SPH Dec 24 Aug 91 $153.802($133.374) 62 6(54 3) 25(30)
      267 words
    • Article
      PRELIMINARY RESULTS
      132 24 Company Date Year Group pre-tax Nat earnings Gross ann to profit/loss (L) par share dividend (*000) (cants) Kl Kepong Dec 27 Sep 91 M$85,468( $84,804) 15 3(14 8) 15(15) Pacific Can Dec 24 Sep 91 $138($1,387L) 0.2(-) Van Der Horst Dec 24 Sep 91 $2,960(52,800) 4 7(4.2) 1(1)
      132 words
    • Article
      INTERIM RESULTS
      456 24 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) Polytek Dec 31 Sep 91 $489L ($1,958) Satefcs Res Dec 31 Sep 91 M$2,023($462l) FACB Dec 30 Sep 91 M$5,255 ($4,861) Sel Dredge Dec 30 Sep 91 M$2.391($579e) Imatex Dec 27 Sep 91 M$3,270L($2.6151) KLIH Dec
      456 words
    • Article
      CORPORATE DEVELOPMENTS
      388 24 ikmtek Engineering Ltd is expanding its business with special emphasis to be put on the automobile parts business in the region. Jan 10 PCL SA. a subsidiary of publicly-listed Pacific Carrier Ltd. has terminated a joint-venture agreement to operate a parcel trading business from Australia and New Zealand
      388 words
    • Article
      DIVIDENDS ANNOUNCED
      540 24 Current Ex Books Dot* Total for Total lor payment date dose payable the year last year ACS8 50c 121(b) Dec 30 Jan 14 Ian 21 12% 101 And Steel 50c 101 Dec 9 Oec 23 Jan 20 201 201 Asia Pacific 181N Jan 9 Jan 21 Jan 29
      540 words
    • Article
      APPROVED ISSUES
      175 24 Company Rights Issue Asa Pac Land Four for seven <&, M$0 50 per share Ei-date tan 3 Books dose Jan 17 Acceptance 1 Payment WYA City Dev RenounceaWe rights issue on the basis of one-for ten (a J285 pet share Ei-date Dec 9 Books dose Dec 19 Acceptance
      175 words
    • Article
      PROPOSED ISSUES
      501 24 Company Rights lssu« mmu T»di One-tofone fe SI 00 per share Bofton Issue of {90 978m norwial amount of 35* Redeemable Unsecured Guaranteed Bonds 1991/96 with *****m detachable warrants on the basis of $2 nominal amount of Bonds tor every three eiistmg shares held Every $2 nominal amount
      501 words
    • Article
      COMPANY MEETINGS
      168 24 Malaysian Resources Corporation Bhd: EGM at 31 32. Ground Floor, Resource Complex, 33 Jalan Segambut Atas, Segambut, ***** Kuala Lumpur on Wednesday. Jan 15, at 10.30 am Singapore Press Holdngs Ltd: 7th AGM at News Centre, 82 Genting Lane, Singapore 1334, on Saturday. Jan 18, at 11.30 am
      168 words
    • Article
      SCRIPLESS CONVERSION
      114 24 Conversion Special Trdg Scripless Conversion deadline Period Trading Com pan > starts (1DP) (SD starts City Dev Dec 26 Jan 16 Jan 6 Jan 16 Jan 17 H Negara Nov 25 Dec 12 Dec 3 Dec 12 Dec 13 HTP Hldgs Sep 16 Oct 10 Sep 30 Oct
      114 words
  • Article, Illustration
    CHARTING SERVICE
    590 24 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 100. In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100
    590 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices close lower on poor overseas leads
      4946 25 Agencies SHARE prices ended lower yesterday in what dealers said was a further correction to last week's overbought situation with the sharp fall on Tokyo further discouraging buying sentiment. In thin trading, the KLSE Composite Index eased 3.21 points to 548.69 while the
      Agencies  -  4,946 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Shares consolidate in moderate trade
      2168 26 Agencies THAI stocks consolidated with prices moving in a narrow range yesterday. Trading focused on finance issues while banks retreated on profit-taking, brokers said. The SET Index rose 0.22 point to close at 727.85 on a bullish 4.16 billion baht turnover. Declines led advances 104
      Agencies; SOURCE: PONT DATA  -  2,168 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Stocks close marginally higher
      1191 26 JAKARTA share prices ended mixed in fairly active trade yesterday, with the official index up marginally at 252.09, compared to Friday's 250.20. Total turnover was 4.18 million shares. Gudang Garam jumped 450 rupiah to 4,500 in very thin trade. Active Astra International rose 200 rupiah to
      1,191 words
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      9 26 Don't miss Executive Jobs in Business Times every Saturday
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      333 26 BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3606 KAN WAN CHEN PRIVATE LIMITED LOSS OF SHARE CERTIFICATE The following ordinary share certificate has been reported lost or destroyed Certificate No. la the nam* of No. of Shams 17 Kan Yuen Mie. Mamie 750 NOTICE IS HEREBY
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      223 26 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER Of CHUAN WEE TIMBER PTE LTD (IN MEMBERSVOLUNTARY WINOING-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Cap 50 that the Final Meeting of the Members of the abovenamed
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      393 26 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) ANO IN THE MATTER Of ECHO PRIVATE LIMITED (Mcmblfl' Voluntary Windlng-Up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 315 Out ram Road #11-01 Tan Boon Uat Building Singapore 0316 on Tuesday, the 7th day
      393 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks plunge on futures-led selling
      2606 27 Reuter STOCKS closed sharply lower on futures-linked selling. Brokers said worries about excess supply, the pause in recent declines in money market rates and the dollar, and a whiff of political scandal were keeping investors out of the market, keeping trade thin and enervated. "This
      Reuter  -  2,606 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares end lower in diminished turnover
      2578 27 Agencies STOCKS slipped in sharply lower volume yesterday, sapped by profit-taking and wariness about Sino-US trade talks, brokers said. The blue-chip Hang Seng Index fell 23.01 points to close at 4,325.91, while the broader Hongkong Index eased 15.33 to 2,823.19. Turnover tumbled to HK$l.32
      Agencies  -  2,578 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article
      Lock icon Aussie prices plunge with Nikkei's fall
      2432 28 Reuter SHARP falls in Japan added further downward pressure on the Australian share market yesterday, causing industrial prices to drop in afternoon trade. Brokers said offshore sellers sold the industrial sector in response to the falling dollar, but buying orders from domestic investors offset
      Reuter  -  2,432 words
  • REGIONAL STOCK MARKETS
    • New Zealand shares end lower after thin session
      • Article
        NEW ZEALAND
        218 28 SELECTIVE selling in blue chips saw the New Zealand bourse close lower yesterday, though the lack of volume may have exaggerated the decline, brokers said. The NZSE-40 capital index ended 24.67 points lower at 1,493.68 with turnover worth about NZ$lO.6 million. "To be honest I think it was
        218 words
      • Article
        TAIPEI
        435 28 TAIWAN stocks closed higher yesterday, with the index topping the 4,900point level on the heaviest turnover since last June. The weighted index added 47.61 points to end at 4,904.43. Turnover surged to NT554.28 billion from NT542.5 billion. Brokers said sentiment turned bullish in late trade as major players entered
        435 words
      • Article
        MANILA
        540 28 PHILIPPINE shares rose on news of a bigger oil flow during a weekend test at the West Linapacan A-2 oil well, but prices closed off the day's highs on late session profit-taking, brokers said. Manila's composite index ended 4.51 points up at 1,224.34. Brokers said the market was still
        540 words
      • Article
        SEOUL
        742 28 SHARE prices dropped sharply yesterday in moderate trading on the Korea Stock Exchange. The composite index of the exchange sank 8.02 points to finish at 609.90. Declines overwhelmed advances 525 to 141 among the 743 issues traded. Volume stood at 14,828,000 shares posting a turnover of 185.29 billion won.
        742 words
      • Article
        INDICES & TURNOVER
        56 28 INDICES TURNOVER Close Prrviots Jan 13 1 NEW ZEALAND NZSE-40 Capital 1.493.68 1.518.35 -24.67 Turnover (NZSmillion) 10.6 unav MANILA Composite Index 1.224.34 1.219.83 +4.5L Turnover (billion) 2.6 1.29 1.3k TAIPEI Weighted Price Index 4,904.43 4.782.82 +47.61 Turnover (NTS billion) 54.28 42.5 +11.78 SEOUL Composite Stock Index 609 9 617.92 -8.02
        56 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Rupiah expected to continue slow decline
      631 29 Reuter JAKARTA The rupiah, which finally breached 2,000 to the US dollar yesterday, will probably continue its slow fall this year though some dealers warn a tough export market may force the government to let it drop more quickly. "I think it (the rupiah
      Reuter  -  631 words
    • Article
      US$ set for rally this year: OUB
      372 29  -  Currency probably at or near its bottoms, says report BY Quak Hiang Whai SINGAPORE After suffering huge losses in 1991, the US dollar is poised for a rebound this year, a report from Overseas Union Bank said. In its latest monthly financial review,
      372 words
    • Article
      INTERBANK FOREX RATES
      381 29 Cross rates Jan 13 I USS SS MS Dm Yen SFr AS NZS US*:: 1.6400 2.7210 1.5780 126.70 0.5563 1 4050 1.3495 1.8416 SS 0.6098 1.6591 0.9622 77.2561 0.3392 0.8567 0.8229 1.1229 MS 0.3675 0.60 0.5799 46.5638 0.2045 0.5164 0.4960 0.6768 Dm 0.6337 1.0393 1.7243 80.29 0.3526
      381 words
    • Article
      MONEY MARKET
      536 29 Interbank rates SS Bid Offer Overnight 2 1/4 2 1/2 1-month 2 7/8 3 2-month 2 15/16 3 1/16 3-month 2 15/16 3 1/16 Overnight mode: 3-1/2 LSS Bid Offer 7 days 4 1/16 4 3/16 1 month 4 1/8 4 1/4 2 months 4 1/16 4 3/16
      536 words
    • Article
      Speculative sales put pressure on US dollar in Asian trade
      772 29 REPORTS AStA Tokyo: The US dollar was lower in late Asian trading as speculative sales from early European dealers kept downward pressure on the US currency. "Europe senses Asia is long and is taking it down," said one US bank
      772 words
    • Article
      FINANCIAL FUTURES
      1120 29 SIMEX Eutoooujm Open High Low Sett Est Vol Op/Int Vol Mar 92 95 93 95.94 9*91 95.93 6000 ***** ***** 95.94 Jun 92 95.74 95.74 95.71 95.73 6608 ***** 9894 Sep 92 95.45 95.48 95.43 95.48 3700 8303 5360 Dec 92 95.96 94.98 94.94 94.98 2000 3044 2887
      1,120 words
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  • COMMODITIES
    • Article
      Lock icon Sarawak to reduce timber output
      301 30 AFP KUALA LUMPUR Malaysia said recently its tim-ber-rich eastern Sarawak state would reduce annual log output by 11 per cent over the next two years to show its seriousness about conservation. Primary Industries Minister Lim Keng Yaik said developed countries should reciprocate this commitment by
      AFP  -  301 words
    • Article
      Lock icon Total Opec oil revenues only slightly lower last year
      404 30 AP BRUSSELS, Belgium Opec nations took in nearly US$l4O billion (*****.8 billion) from oil exports last year, only slightly down from the hefty sums earned a year earlier when prices soared during the Gulf crisis, analysts estimate. "For Opec, it was
      AP  -  404 words
    • Article
      KL tin ends lower in absence of foreign buyers
      840 30 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market ended four sen lower at $14.53 per kg on higher offerings yesterday. Dealers said the market was easier in the absence of foreign buyers. The softer trend was also in
      840 words
  • Article
    PRICES
    1470 30 Rubber Jan 13 S crntW* Noon Close In! 1 RSS Prompt Int 1 RSS Feb 92 Int I RSS Mar Int 2 RSS OP Int 3 RSS OP Int 4 RSS OP Int 5 RSS OP I28.2V129.25N 128.75/129.25 I29.2VI29.75 127 00/128 OON 124.00/I25.00N 122.50/123 50N 118 50/119 50N 128.2
    1,470 words
  • Page 30 Advertisements
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      612 30 BUSINESS TIMES Toll frM 1M No 737 0043 -Fax No: 734 3608 MTHE MATTER OF THE COMPAMES ACT, CAP S4 MTHE MATTER OF HAJ MOHAMEO KHAN ESTATE PTE LTD PMMVVQUMTMITVVONMP) NOTICES HEREBY OVEN MPai Extaadbwry GararP Piling of Iw Conpsw vm wflwnid vid mM M 3$ Hcttnaor Road, 105-01« Obr
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      6 30 Executive Jobs every Saturday in BT
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1225 31 a* mm nm n» *>■ GA893 1225 GA892 QUO SQ228 1910 QF82 2115 *—mm RJ183 0030 RJ183 0100 GAS93 1225 GA892 0110 KL837 1340 SQ24 0115 2 SQ23 1815 KL838 2305 NZ35 1530 SQ388 2045 NZ36 2305 taivM »421 1105 SQ182 0915 ■«Mi SQ18I 1410 BM22
    1,225 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Saving the big birds of Europe
      685 31  -  LETTER FROM HUNGARY By Emil Varadi THE great bustard, Europe's largest bird, is endangered and its population is collapsing, Hungarian ornithologists say. "It is not only the largest but is perhaps the most endangered bird in Europe," said Gyorgy Kallay, the general secretary of
      685 words
    • Article
      MONEY CHANGER RATES
      151 31 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2104 1.2268 Canadian dollar 1 4054 1.4337 NZ dollar 0.8808 0.9165 Sterling pound 2.9350 2.9750 US dollar 1.6350 1.6420 Local dollars to 100 units of foreign currency Austrian schilling 14.59
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      68 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Jan 12-19 Do-it-yourself Utrecht. Koninklijke *****55.911 Jan 14-18 International Valencia. Feria Muestra- ********** 1992 Trade Show Netherlands Nedeiiandse 1992 Fair of Home Spain rio InternacioJaameurs Textiles Sc nal De Valencia Jan 14-17 Aerospace NEC. Centre 021-*****18 Decoration
      68 words
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      41 31 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details We know Europe from ctart to Finnish.
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      Page 31 Advertisements Column 2
      6 31 Innovation Technology in BT every Tuesday
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      Page 31 Advertisements Column 3
      53 31 Like Major Tan Sze Ann (below), you can fly and earn more than $8,000 with a Poly diploma. JL Bright Stars Where are they now? We talk to a pilot, a designer, a defence engineer and more. Bright Stars How do I Employers tell you what they ttk New courses
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  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      208 31 7 The only one in a suit i i i wearing a vest (9) 8 Sail Columbus raised here 11 Soundly examines Europeans (6) Hr-« 3 r-«3 I I I I I 12 Music circle (4) Unnecessary to ler's bodyguard (8) fisi--15 End of clues or anagram fought together (7)
      208 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      158 31 Singapore Outlook: Fair and windy. Report: Maximum temperature 31.8 Assoc humidity 60% Minimum temperature 23.4 Assoc humidity 96% Hours of sunshine 10.55 Rainfall in mm 0.5 Rainfall this month 5.0 Rainy days this month 3 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 24/18 Cloudy Bangkok 32/19 Sunny Beijing 00/-10 Goudy Brunei
      158 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      22 31 WOULD TUefe Be.) F\FRRONOT \s-tzt~ TT rniaa toeA -irsrnoßC 1 #0S u ,C _^IS~ iff C EVEMNO CTANOAAO CO. LTD.. IM3-IWI &xW-~
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  • Article
    Lock icon Former Japanese Cabinet minister arrested
    387 32 Fumio Abe suspected of having taken bribes Reuter TOKYO Prosecutors yesterday arrested former Japanese Cabinet minister Fumio Abe on suspicion of taking bribes from a land developer, Kyodo News Service and the NHK television network reported. Until last month, Abe, 69, had served Prime Minister
    Reuter  -  387 words
  • Article
    Lock icon Excluding US from EAEC will create problems: Tokyo
    279 32 Reuter KUALA LUMPUR The Malaysian-proposed East Asian Economic Caucus (EAEC) will create problems for Asian countries by excluding the US, a senior Japanese Foreign Ministry official said yesterday. "There will be some economic trouble if the US is excluded from the EAEC,"
    Reuter  -  279 words
  • Article
    Lock icon Mideast talks begin on three fronts
    142 32 AP WASHINGTON Mideast peace talks are resuming on three fronts, but with little time for trying to solve ArabIsraeli border disputes and working on a formula for Palestinian autonomy. The chief Israeli, Palestinian and Jordanian negotiators agreed on Sunday to meet yesterday. Their first
    AP  -  142 words
  • Article
    Lock icon Russia, Ukraine to continue cutting military arsenals
    317 32 Agencies MOSCOW Russia and Ukraine will continue to reduce their military arsenals in line with existing international agreements, the Tass news agency said yesterday. It said the two former Soviet republics agreed to fulfil arms reduction accords during weekend talks at which they
    Agencies  -  317 words
  • Article
    Lock icon Call for Russian govt to quit
    96 32 AFP MOSCOW The Russian government is poorlyqualified and should resign, the president (Speaker) of the Russian Parliament, Ruslan Khasbulatov, said yesterday, according to the independent Interfax news agency. At a meeting with Italian legislators, he said the situation in Russia was currently such that
    AFP  -  96 words
  • Article
    Lock icon Protest against US move outside S'pore embassy in KL
    225 32 Agencies KUALA LUMPUR Some 50 Muslim youths demonstrated yesterday outside the Singapore High Commission here to protest against the US move to relocate a naval logistics element from Subic Bay in the Philippines to Singapore. A memorandum handed to Singapore diplomats
    Agencies  -  225 words
  • Article
    Lock icon Japan, S Arabia to raise joint-venture refinery capacity
    305 32 Reuter TOKYO Japan and Saudi Arabia have agreed to triple planned capacity for their first-ever joint-venture oil refinery project in Japan, a Ministry of International Trade and Industry (Miti) spokesman said yesterday. The joint project gives Saudi Arabia a breakthrough into Japan's
    Reuter  -  305 words
  • Article, Illustration
    Dr Mahathir's market dilemma
    1041 32  -  The Bottom Line MANO SABNANI MANO SABNANI The writer is BT's Editor MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad is not one who lets problems remain unsolved, if he can help it. His pro-active approach to the country's difficulties has won him many friends and
    1,041 words
  • Page 32 Advertisements
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      112 32 I Singapore's most popular j Nitsuko I Key Telephone System J Malaysian, US officials dismiss concern over EAEC discord, Pg 9 r h The Tradition Of Biancpain i- f 1 > v fc ;i H^ Jx>,. nP* hmm^y BlancpaiN j8 tth ■liffinufl Singapore THE HOURGLASS lucky Plaza Tel *****20/1 Scotts
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      7 32 Russian Speaker criticises price rises, Pg 11
      7 words
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      Page 32 Advertisements Column 3
      213 32 SINGAPORE COM fS Distributor of the most Bill sought after Key Telephone System Tel: *****88 J The low-cost, elegant-looking electronic checkwriter makes cheque-writing easier, faster and error-free Electronic Cheque-writing! More more today are turning to MAX electronic checkwriter for chequewriting efficiency. ■HIHBHHv a It's fast, error-free, safe, clean and V
      213 words
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  • Shipping Times
    • Article, Illustration
      Northwest's plan takes off
      534 33  -  US carrier improving services on the Pacific routes By Rahita Elias SINGAPORE Northwest Airlines, now the fourth largest carrier in the US, has launched an ambitious plan to become the number one American carrier by 1995. By then, it also aims to be able to compete
      534 words
    • Article
      Lock icon Air China announces record profit in 1991
      113 33 Reuter BEIJING Air China, China's international flag carrier, logged a record profit of 660 million yuan (Ssl9B million) in 1991, its busiest year on record, the China Daily said. The newspaper said the airline fulfilled its annual target for transporting passengers and cargo
      Reuter  -  113 words
    • Article
      Hi-tech facilities worth US$450m will be installed
      286 33  -  By Ang Wan May SINGAPORE Northwest Airlines, America's fourth largest airline, is investing US$45O million (***** million) this year in service improvements, including the world's most advanced in-flight audio and video entertainment and communications system. The new system. Worldlink, offers passengers video games,
      286 words
    • Article
      Lock icon Venezuelan port plan will not affect dispute
      270 33 AFP SANTAFE DE BOGOTA, Colombia Colombia said Venezuela's plans to build a port near their disputed Caribbean border would not affect three-year-old negotiations aimed at settling their differences. Last weekend, Venezuelan President Carlos Andres Perez said that building the port would demonstrate that
      AFP  -  270 words
    • NEWS SUMMARY
      • Article
        Aeroflot time to spread its wings
        37 33 NOW, with the collapse of the Soviet Union, the disappearance of subsidies and the virtual certainty that its monopoly will crumble Aeroflot must transform itself into a self-suf-ficient business Back Page
        37 words
      • Article
        Finnair, Lufthansa plan more flights
        53 33 TWO European carriers, Finnair and Lufthansa, are boosting their cooperation in the next few years, starting with the launch of more flights between the two countries. Last week, the chief executive officers of both airlines, Antti Fotila and Juergen Weber, had sealed the decision in
        53 words
      • Article
        Telecom (A) signs deal with Vietnamese firm
        38 33 TELECOM Australia said its unit, Telecom Australia International (TAI), has signed an agreement with Vietnam's domestic telecommunications carrier to jointly develop and operate a mobile telephone service in Vietnam. Back Page
        38 words
      • Article
        UN ends protection for refugees at sea
        48 33 AN ANTI-PIRACY programme intended to protect Vietnamese refugees from brutal attacks in the Gulf of Thailand has been phased out by the UN High Commissioner for refugees because the attacks have alt but ceased in the last 18 months Back Page
        48 words
    • LOG BOOK
      • Article
        Autobahn restaurants to go private, says minister
        101 34 BONN German transport minister Guenther Krause said in an article for a German Sunday paper that Bonn aims to fully privatise its network of autobahn restaurants. By the end of this year, 49 per cent of the state-owned Gesellschaft fuer Nebenbetriebe der Bundesautobahnen
        101 words
      • Article
        German-UK air talks fail
        103 34 HAMBURG Talks between UK carrier British Airways pic (BA) and Cologne-based charter airline Germania on a cooperation pact on German routes have collapsed, German news magazine Der Spiegel said last week. Because BA was overly bureaucratic, Germania chief Hinrich Bischoff scrapped the talks on a deal
        103 words
      • Article
        Nigerian airline fraud
        146 34 LAGOS A month-long management crisis at Nigeria Airways has led to large-scale fraud, the head of the pilots' association charged on Saturday. Lack of control from headquarters has allowed corruption to flourish, Captain Henry Emeogu of the National Association of Aircraft Pilots and Engineers told a news
        146 words
      • Article
        2 Iraqi ports ready for use
        113 34 BAGHDAD Iraq has rebuilt two commercial ports destroyed during the Gulf war, Transport Minister Abdessatar Ahmad al-Maini said here on Saturday. He told the official news agency INA that Umm Qasr and Al-Zubeir were ready to receive cargo ships "once the (UN trade) embargo
        113 words
      • Article
        Zaire's $163m communications loan
        80 34 KINSHASA The African Development Bank (ADB) has given Zaire a US$lOO million (S$ 163.4 million) loan to upgrade telephone communications, ADB officials said on Saturday. During a week-long visit to Zaire, bank president Babacar N'Diaye said the ADB wanted to make additional loans to revitalise Zaire.
        80 words
    • Article
      DAILY FREIGHTS
      887 34 THE DRY cargo market outlook, which turned bearish over the slack end-year holiday period, is starting to look more favourable for owners, brokers said on Friday. The market took support from a Baltic Freight Index rise by six points to 1,490, reflecting rises in all panamax routes. Capesizes
      887 words
    • Article, Illustration
      Lock icon Coping with the free market
      1504 34  -  With the collapse of the Soviet Union, Aeroflot must transform itself into a self-sufficient business. To that end, it has started to form joint ventures with other airlines. Bruce Knecht reports Bruce Knecht NYT The first leg of an Aeroflot London-to-Kat-mandu flight last November began
      NYT  -  1,504 words
    • Article
      INDEX TO ADVERTISERS
      856 34 Page Col ABC Containeriine 12 I Accord Group 8 1-3 APL 5 3-5 A PC Line 13 5 Arrow Inter 9 4 •ASCL 5 9 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 10 I Bangladesh Shpg 8 5 The Bank
      856 words
    • Article
      THE SHIPPING GUIDE
      6533 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      6,533 words
    • Article
      SHIPPING AGENTS
      3356 47 -Albc Containerline NY: Belsin Shpg l Agencies Pte Ltd (SVManne Handling Sdn Bhd (PK/PN) Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business C orporation Philippine: Calsource Shpg A Trdg Pte Ltd (S) Ahrenkiel liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg
      3,356 words
    • Article
      COURIER SERVICES
      281 47 bat-us C ouritTN Tel 545-8011 Fax: *****98 Air Express Inw) Tel: 533-5771. Fax: *****44 \irborne Freight Corporation fel: 542-8844. Fax: *****16. *****80. \irswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. Citv-I ink International Tel: 344-3377. Fax: *****50. Cluster [.ink Supplies
      281 words
    • Article
      AIR FORWARDERS
      1528 47 Abex Fxpress Freight Tel: 542-7171. Fax: *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-8033 Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Fxpress Tel: 542-5454. Fax: *****06 Air Fxpress International Tel: 542-7666. Fax: *****74. *****50. Air
      1,528 words
    • Article
      PORT CONDITIONS
      2874 48 ARGENTINA No labour problems. Buenos Aires: Port busy; general cargo berth occupied most of the time but no waiting for arrivals except for those requiring deep draft berths. Pilots are forming private enterprises and tariffs and regulations arc being discussed. San lorenzo: Port busy with three vessels operating
      2,874 words
    • Article
      AIR FREIGHT SCHEDULE
      557 48 ARRIVALS DEPARTURES Op Flight l>P* ETA T From Op Flight Type FID T To TODAY TODAY NCA KZ203 B747F 0145 1 NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KF697 B747F 0150 1 SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL J 1.61 7 B747F 0345 1
      557 words
    • Article
      SHIP SALES & TANKER RATES
      1567 48 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Ari: 25,637 dwt and built Aug 1980 Georgi Dimitrov and sistership Papu built June 1982, owners inviting best outright offers. Nordpoi: 61,775 dwt and built Aug 1982 Koyo Mihara. brokers trying for USSI6 million. Can also combine sale with 5/7 years
      1,567 words
    • Article
      CRUISE & FERRY SCHEDULES
      704 48 CRUISE FERRY SCHEDULES Ait Dtp Name of Vessel ETA ETD Ports of Calls Port Agent JAN IS IS Shangri-La World 1000 1800 Sin-Jakarta Sembawang Johnson 16 16 Royal Pacific 1100 1930 Sin-Jakarta Ocean Trade Chartering 16 16 Renaissance 4 0800 1700 Sin-Jakarta-HK Barwil Agencies 17 17 Azerbaydshan 1000 1800 World
      704 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        579 49 *oy "o Both Arm4 Depart** Veisel Voy No Berth fcmi Departri Terminal 1 ftrmhjwjn2 Terminal Batam Baru B119 M04 alongside 1401/2300 01/92 SOI ato(«side 14.01/2000 Batam Mum, *****6 M03 akxigs.de 1401/0500 p etalouda CPS 18 SOI 1301/2030 1501/0700 Batamndo 1 146S M01 ator*s*le 1301/1800 rvlmMU Blue Power
        579 words
      • Article
        IN MALAYSIAN PORTS
        242 49 joliofg Port Berth: 1: ml; 2: White Hakoyo, Princess; 3: ml; 4: Oinara; 5: Pernas Sekoi; 6: Tokyo Bridge 01 jetty: Stolt Llandaff. DCJ: Ocean Powers Due on Jan 13: Bakri Orbitor. Rosalie, Green Sea. Semarak, Johan Pearl, Da Xing, Barge Kuala Stak V, Bunga Bindang, Barge
        242 words
      • Article
        CONTAINER SCHEDULE
        899 49 RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARCO Record Bookinj/Batance Rslts Ship Voy No Etb/Btr Period From To From ACX Jade 67A 15/1500 1 13/1500 13/1659 13/1900 2 13/1700 14/0659 14/0900 4 14/1200 14/1459 14/1700 Ah 0'cover ***** 15/0900 1 13/1500 13/1659 13/1900 2 13/1700 14/0659 14/0900 4
        899 words
    • Article
      Strong air links planned for Finnair, Lufthansa
      265 50  -  By Rahita Elias SINGAPORE Two European carriers, Finnair and Lufthansa, are boosting their cooperation in the next few years, starting with the launch of more flights between the two countries. Last week, the chief executive officers of both airlines, Antti Fotila and Juergen
      265 words
    • Article, Illustration
      Lock icon UN ends protection for Vietnamese at sea
      261 50 NYT WASHINGTON An anti-piracy programme intended to protect Vietnamese refugees from brutal attacks in the Gulf of Thailand has been phased out by the United Nations high commissioner for refugees because the attacks have all but ceased in the last 18 months. Responsibility
      NYT  -  261 words
    • Article
      Lock icon Telecom Australia signs phone deal with Vietnam
      292 50 Reuter MELBOURNE Telecom Australia said its unit, Telecom Australia International (TAI), has signed an agreement with Vietnam's domestic telecommunications carrier to jointly devejop and operate a mobile telephone service in Vietnam. Telecom, owned by the Australian government, said the joint venture would initially
      Reuter  -  292 words
    • Article
      Lock icon Nine dead in ferry accident off Japan
      188 50 AP SHIMONOSEKI, Japan A ferry carrying at least 32 people capsized in rough seas off southwestern Japan on Sunday, leaving nine dead, Japan's Coast Guard reported. Five died in hospitals, including two who earlier had been reported unconscious, and four bodies were recovered
      AP  -  188 words
  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      64 33 n PORT OF LE HAVRE I I YOUR CONTAINER HUB TO I I EUROPE 1 |fi Representative in I |H South East Asia for Port of Le Havre: 11 |jj Far East Consult Pte Ltd ||i 101, Cecil Street #24-05 ip Tong Eng Building |p Singapore 0106 N |j| Tel:
      64 words
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      Page 33 Advertisements Column 2
      156 33 Necflloyd FAR EAST TO EUROPEf MEDITERRANEAN CALL: 221 8989 j**.r Nedlloyd Lines a Then why not let our Z\CC| imp specialists work for you. wwUI I "w Nedlloyd Lines is one of the world's largest shipping companies. And WA| I nppH the most innovative, too. I IwvU We employ more
      156 words
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      Page 33 Advertisements Column 3
      52 33 A* forwarder* 15 A* FragW Schedule 16 Contamer Schedule 17 Couner Services 15 Cruse ft Ferry Schedules 16 Daly Frefhts 2 Index to Advertisers 2 Port Condrtnm 16 Stypmg Agents 15 Shwws Gude 10.11 Shpsales/Tai*er Rates 16 Slips m Port 17 Swgapore Tries 17 Transport Diary 3 Weather and Sea
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      Page 34 Advertisements Column 1
      103 34 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and 1 relevant book reviews. L V ENTERPRISE MANAGEMENT, in U Business Times every Monday, is must reading for managers who want the J \^?7 competitive
      103 words
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      Page 34 Advertisements Column 2
      24 34 >•-'1 Ums aMI frrict raprasMtad fey Mirtiri af tim Haghtij af Accmßted Iz y.¥*• *-*-**•"-**»-n:i -i cuhertising enquiries, contact Snipping limes: lei 740-2<m/740-2090 4
      24 words
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      Page 35 Advertisements Column 1
      2116 35 OOCL (S) PTE LTD JAMMNC SHIPPING AGENCIES *****11 FAX: *****09 Allllr BOOKINGS TEL: *****234 *****58 VCSRmV TERMINAL/CFS TEL: *****218 220 P DAAfifl 7 Mi KSAKA J ARCH Nt BHIPPINO AOCHCKS SON. SHO. L VA*# J PORT KELANQ TEL: *****18 FAX: *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6
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      Page 35 Advertisements Column 2
      1773 35 TRANSPORT DIARY Feb 21-24: Air Traffic Services in the 21 si Century 4th Symposium, jointly organised by Civil Aviation Authority of Singapore. Federal Aviation Administration, USA, Department of Civil Aviation, France and State Institute for Air Navigation, USSR at the Raffles City Convention Centre. For further information please contact Singapore
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      Page 35 Advertisements Column 3
      1440 35 IQEBB TWO SAILINGS TO USA MADISON MAERSK V 9202 ETA SIN 22/1/92 AXEL MAERSK V 9202 ETA SIN 20/1/92 VMM) Voy I ETA I ETD Feeder by 1 DESTINATIONS World Lynft/ Johanna to Thi» week Medieon Mee»* 9202 iggg CFS~-?22/1 oSo"MRS KelOTg Penang OAK LQB HOU MEM ATI MIA CHS
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      Page 36 Advertisements Column 1
      1465 36 ROTTEDAM/J VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE KAGA 22/102 18/1 9/2 6/2 5/2 HANNOVER EXPRESS 06/302 21/1 5/2 7/2 10/2 11/2 BUSHa KURAMA 14/103 23/1 15/2 11/2 10/2 i ut —:.mniam. FRANKFURT EXPRESS 60/303 26/1 12/2 14/2 17/2 18/2 WUrgCARp KASUGA 1 19/104 30/1 22/2 18/2 17/2
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      Page 36 Advertisements Column 2
      709 36 SEASPAC SERVICE OWECT SOUTH PACIFIC SERVICE S'N MOU SUV PPT U BONTANQ 3106 EB 25-28/01 10/02 13/02 18/02 IMPERIAL 3202 EB 23-28/02 12/03 15/03 20/03 TransH Time (13) (16) (22) ALSO ACCEPTING CARGO VIA SUVA TO: lAUTOKA. PAGO PAGO. APIA. NUKUALOFA. P. VILA FASTEST SERVICE TO CHIE/PtRU SIN 100 ANF
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      Page 36 Advertisements Column 3
      1533 36 ■WmBM REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VOT ALG BCL HAM BRE HOT ART FEL LHA (VIA (VIA (MA ALG) MM) *0T) NORASIA AL MANSOORAH 9145 3 21/01 12/02 14/02 17/02 19/02 l«/ 02 20/02 19/02 20/02 FREEDOM 146W 26/01 17/02 19/02 22/02 24/02 23/02 25/02 24/02 25/02
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      Page 37 Advertisements Column 1
      1446 37 ■T Pf STRAITS SHIPPING PTE LTD jA 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa/: *****17 ACCEPTS DUE SAILS SPOM BKOK CARGO ft CASUS PROGRESS V 70IN 21 22 lAN 25 M lAN RAJAH BROOKE VO2E Mujtj Lab. KK In P«t 15 l*« INGE NUT* V.167N
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      Page 37 Advertisements Column 2
      2440 37 > SINGAPORE AGENT: j f|/vf>o P&O Container. (Singapore Agencies) Pte Ltd lm\ J\IIHCIXHVX d 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 Tel 225 2233 Tele* RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z EXPORT IMPORT VESSEL VOY 'MO *WQ tM ALO SOU AWT MT
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      456 38 mm CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE PRE LUNAR NEW YEAR LOADER ETA ETD MV. KUTAI VOY 24W8 IN PT 16/1 "A" VESSEL 20/1 23/1 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to Inducement. Alto accepting cargo to Casablanca, Port Said, Port Alexandria, Genoa, Trieste. ALSO ACCEPTING BOTH
      456 words
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      Page 38 Advertisements Column 2
      1307 38 (g) HANJIN SHIPPING maw. ISM I lINE HAUL LGB OAK FM VS. f STIl* HAUL SA* ILM HTC 181 MttCT 10/2 13/2 HANJIN KUNSAN 070E 20/1 H SAVANNAH 0301 27/2 21/2 1/3 K Ulf 27/1 Sic 7 2 ?0 2 FISHGUARD BAY 10SN 27/1 M PWSPEWY 0201 5/3 1/3 8/3
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      Page 38 Advertisements Column 3
      1231 38 iSfflßf —4f J—j .T|J Pnu S» t«6 KSC lUG W5 W1 05* NCT S»U nro UU CHS Ml IK UK MM KM W fM CIM CK477 IS/1 16 1 21/1 22/1 24/1 27/1 2S/1 M/l 11/1 1/2 1/2 14/2 21/2 W2 1/3 M/l 11/1 12/3 IVI IS/I 2S/1 4/4 M
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      Page 39 Advertisements Column 1
      1869 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) f BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 k UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 NEPLINE SDN BHD MALAYSIA
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      Page 39 Advertisements Column 2
      983 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESeOLINEJENQUIRIES. *****33 KL- 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA. *****57 PENANG: *****4) *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—OBCHARONG WESTBOUND—LOADWG HtWCWPH) VIA ROTTPPAM vtssis w* mc WW |sx |m |kc |m |»th [aht ~oa
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      Page 40 Advertisements Column 1
      1655 40 f AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: 12U*****00M) W W V A TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 i M MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD I JL X l«f TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUT
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      Page 40 Advertisements Column 2
      799 40 PHILI-ORICNT LIN€S PT€ LTD 4^ Y 108 Robinson Road #07-00 GMG Building Singapore 0106 Te1:**********8769 *****00Te1ex:R*****0FAX:*****76/*****38 BY AIR, LAND OR SEA.... M WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCLXCL SERVICE 09 JAN SYDNEY. MELBOURNE BRISBANE. FREMANTLE AUCKLAND. WELLINGTON, LYTTELTON. NEW
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      Page 40 Advertisements Column 3
      402 40 7 GOLDEN LINE A GUAN GUAN SHPPWG (PTE) LTD I 21. Tetok Ayet Street SMGAPORI 0104 TR *****88 (10 IMS) Fa: *****04 (CI No **********0W) STRAITS /m»UM OUlf MWg S pore P Kelang Penanj ea.oo HMMST Colombo Aacach, Out*. 24/25 tan GOLOEN KM Cokxnto Moch/OubK I/ll Fek GaOEN SIM Colombo
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      1116 41 r SsSSSmJmm pacific international lines (PTE) ltd B m flV p,L Building, 140 Cecil Street HKXMX). Singapore 0106. CR NO: **********QE. I JAKARTA I I (BANGKOK VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN KOTA PAHLAWAN KPL2O3 IS/1 16/1 22/1 EQUATOR MAS 32N 15/1 17/1 22/1 pcm QUTOV
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      Page 41 Advertisements Column 2
      1278 41 EacßenV f CLASS CONTMNER TRANSPORT FEEDER VESSiT" PENANG PKELANG OCEAN VSL/VOY SW SOU (t) RTM (2) HAM (3) GOT (4) ANSON/TBN 17/J 18M NIHQN 2022 23/J 9/2 H/2 12/2 14/2 ANSON/TBN 24/1 25M BENARTY 2032 28/ I 14V2 16/2 17/2 19/2 ANSON/TBN 31M 1/2 ALS4A 2042 4/2 21/2 23/2 2412
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      Page 41 Advertisements Column 3
      524 41 a w r, i j &vi i I A ill i 1 1 gM 1 p ■™A A M MYANMA pßk FIVE STAB UNE w (Myanmar National Line) Loading (or Yangon (Rangoon) S pore P.Kit Pen P Gde MIR GUI VIIIW In PI 21/23 l l 10HUW ¥180* 15/16 lan
      524 words
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      Page 42 Advertisements Column 1
      647 42 W)) MI EHLfI gli Jl» llrf.yi IB i I STRAITS/ JAPAN/ STRAITS SERVICE I I LOADING FOR SENBOKII/NACOYA I I TOKYO/NAHA I ISEKI NAGOYA V 74 I I ETA KUCHING 15/1/92 I I ETA T. MANI 16/1/92 I I ETA BINTULU 17/1/92 I I ETA K. KINABALU 27/1/92 I I
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      Page 42 Advertisements Column 2
      79 42 [Spore P Kelang Loading for I HmPS 17/1 Rdm/Atw/UK/Nantes ■«to 24/1 27/1 Rdm Atw /UK Nantes /Valencia ■NORMAN MARINER 12/2 18/2 Rdm/Atw/UK/Nantes [Spore Loading for I IgIOBAL STAR 20/1 Jeddah/Aqaba I HsPARKLE SUN 20/1 Dubai/Dammam/Kuwait I S pore Loading for v PAN LIBERTY Los Angeles/New Orleans/ I I Charleston/Norfolk/Camden I
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      Page 42 Advertisements Column 3
      72 42 WEEKLY Ml CONSPIRATION =Singapore=lndia 111 BOMBAY MADRAS CALCUTTA f COLOMBO KARACHI CHITTAGONG I 4788 FAX: *****83 Tbocs'i EUHOPbS.EJL BREAKBULK SERVICE bid VESSEL KIUKIANG CAREER IJMUOEN 10-14/1 ANTWERP 16-19/1 TO PORT KELANG, SINGAPORE KAOHSRJNG AND OTHER F. EAST PORTS. TBN ANTWERP 03-07/2/92 TO PORT KELANG, SINGAPORE, HONGKONG, KAOHSUNG, KEELUNG, MAIN JAP.
      72 words
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      980 43 /SS total approach to transportation WSSI XI M, t. l> St.,. tadiM rm »&**»> o-f«) »0W«/9U3S# Ski 16/1 15/1 15/1 »/l 20/1 3/2 l»/2 |6;2 18/2 l»/2 18/2 20/2 20/2 2112 NEOLLOYO 19»2 N talwstw/2101$e 25/1 27/1 26/1 26/1 an u 26/2 2g/2 a/2 29/2 1/3 2/3 3/3 nmviUß. fklang
      980 words
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      764 44 wtymaMMwammm TO AUSTRALIA/NEW ZEALAND riS [si Frwn 11Mb fs»d Ihdi |p CHAIM iinnl m I/S i/T~ Ti/7~ "TiTi HJT~ li/t MARTHA I2M TiTi 4/3 J/J 12/3 14/3 20/3 Ell EN 55 217 9/3 17/3 21/3 25/3 31/3 3/5 BRUSSfI 5/4 12/4 14/4 H/« 25/4 HT* TO USA/CANADA WL TS |G<«
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      Page 44 Advertisements Column 2
      746 44 EXPORTS TO HONGKONG. TAIWAN. MANIA I JAPAN TWICt WEEKLY" MALACCA STRAITS SERVICE OUTBOUND VOY PKI PEN *T SW MNL HKG KAO KEE TYO SMI NGO KOB [I VESSEL VOY SM FKL PEN KW sm ICX LI Y 198 "131 "151 iu 17.1 211 231 211 M l 301 AC* lAK
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      Page 44 Advertisements Column 3
      249 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA ETA SWtt POUT KELANG PENANG BLUE IMX 11/1 loading tor Male HUVAI HUDHU 30/1 loading lo» Calcutta OOLMON 16/1 Loading For Male w«fi sum mi »/i Loading For Mate DONAKULM 31/1 loaded For Fetnraru PtOGWSS LBEKTY 15/2 loading lor Yangon
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      Page 44 Advertisements Column 4
      1504 44 CHINA OCEAN SHIPPING COMPANY w FULL CONTAINER LINER SERVICE Malaysia's agents SINGAPORE'S GENERAL AGENTS kdoksu s agents I COST R SHIP,,|NG PTE LTD t KLAN6 TEL 3SSSIO6 BHI MA ***** TEL: *****00/*****33 INDONESIA MARITIME J nSi!t -rn Sif i SIM TELEX: K *****/1 COSHF fil TcJfvtff'iSS 7 *****4 4 GUAM
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      Page 45 Advertisements Column 1
      636 45 j (it FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES LIMASSOL/PKEAUS 19/1 ROTTERDAM 19/1 HAIFA/ASHDOD/ALEXANDRIA 19/1 HAMBURG/BREMEN 19/1 MARSEILLE/FRANCE 1971 FELIXSTOWE/UK 19/1 1 BARCELONA/SPAIN 1971 LEHAVRE/ANTWERP 19/1 i GENOA/ITALY 1971 GOTHENBURG/SCANDINAVIA 19/1 j LOS ANGELES/WC/IPI 19/1 SYDNEY/MELBOURNE 15/1 NEW YORK/EC 19/1 FREMANTLE
      636 words
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      Page 45 Advertisements Column 2
      934 45 I^S^IcMnE^nSARIN^GENCIE^S^TI^SoI St TEL: *****33 (12 Lln««) rrl FAX: *****15/*****03 P3 TELEX: RS ***** RISHIP (3 Lln«s) PjT\ ETHIOPIAN SHIPPING LINES 1 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY ETA I LOACH NO FOR SPORE ABBAY WONZ 31WB 1502 DABESSALAAM MOMBASA DJIBOUTI ASSAB MASSAMA ANDiNET 27W8 21/03 OARESSALAAM
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      Page 45 Advertisements Column 3
      861 45 I JAKARTA BANQKQK Km WY KT w* wmhm Kill BHUM 16S 15/01 U/01 MAHA BHUM# 91N Wtd 15/01 Sat I«_oL_ AM BHUM IMS U/01 21/01 THAMA BKJM*## 05N Fri 17/01 Tut 21/01_ Kill BHUM 17S 22/01 25/01 SKI BHUM# 4»9W Fri 17/01 Tj- 2LIU BHUM 127S 25/01 71/01 WAWTA BttW
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      1421 46 Ml 11 II*****H %> S'PORE I PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 UK/SCAN/MED AFRICA I PEN PK SIN PEN PK SIN Colombo 23/1 24/1 25/1 18/1 19/1 20/1 Ldn/Fl*/Rdm/Ant Durban/Pt Louis 13/1
      1,421 words
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      Page 46 Advertisements Column 2
      385 46 r Ifgfc BLUE STAR UNE TO FROM H/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SM NPt ML LYT SIN MANOMM V 0512 16/1 2t/l VIA NPV 30/1 U/2 ntEMKR ICS 24/1 5/2 VIA NPt 7/2 24/2 MULKRA 25$ 7/2 19/2 VIA NPI 21/2 9/3
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      Page 46 Advertisements Column 3
      1096 46 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO ctMmmKMAucomAfm* camMmmtmMCM* SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL |VOY lETA IPEST VESSEL VOT SPOtE P. KEUMW KIM SOON
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      41 49 Road livdU t'- v- >-" Chartpoint, >. <v* v• ■&£«< y2s j a guide to •-V i.>,. r»% w v <f>v investing in V '-V- if''' <- the Stock 1 *5 s> "'V r X Every .•5- l-S V<- f Saturday in Business v Times
      41 words
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      Page 49 Advertisements Column 2
      291 49 A STAGER FREIGHT SERVICES PTE LTD ylj&J TEL 273-3838* FAX: 274-1100 PtC 03-*****60 «PEK 04-*****2 *JKT: 21-*****1 88 V: 31-*****0 EUROPE DISTRIBUTION SERVICE SIN LH/PAR FFURT /MANNHEIM IRUN/MADRID PORTO STUTTGART VALENCIA LISBON 12/1/92 1/2/92 5/2/92 5/2/92 6/2/92 7/2/92 19/1/92 7/2/92 11/2/92 11/2/92 2/2/92 12/2/92 y n Z% Z% 5%S *W*
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  • Page 49 Miscellaneous
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      Page 49 Miscellaneous Column 1
      294 49 TIDES AND WEATHER frTTiTTrffl (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0100 *************************5001(**********1900 *****100 *****300 JR 12 1.5 19 2.2 25 2.5 24 22 19 15 13 1 1 1 1 12 14 16 19 20 19 18 16 14 1.2 1.2 5 19 2.3
      294 words
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      Page 50 Advertisements Column 1
      1108 50 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARME CO. LTD. eastbound feeder to pacific south west to pacific north-west "11 reoa VOT m wo it haul wy kao uh oak «T~ M mm. dot MO Tcn/g* m HUG CHUN NIX 13/01 U/01 »/01 H. PKNCBt 24/01 10/02 13/02 14/02
      1,108 words
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      Page 50 Advertisements Column 2
      687 50 CHARTPOINT Every Saturday in Business Times Brisbane FremantJe Any problem going Metoume DOWN UNDER Call us today! SIM JKT PKL PEN BKK MNL JOH BSB tBl *****11 *****66 *****98 *****8 *****29 *****76 *****1 *****3 fax *****59 *****14 *****88 *****8 *****17 *****79 *****5 *****5 OUR USA SERVICE CALLS fmtm Ha [tal
      687 words