The Business Times, 17 January 1992

Microfilm: NL17796
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 Friday, January 17, 1992 75*
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  • NEWS SUMMARY
    • Article
      US to continue selling arms to Taiwan
      64 1 TAIPEI The head of Washington's quasi-embassy in Taiwan said yesterday the US will continue to provide Taiwan with arms but declined comment on reports that it will sell Patriot missile components to Taipei. Natalc Bcllocchi, chairman of the American Institute in Taiwan (AIT),
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    • Article
      Report implicates Kevin Maxwell
      73 1 LONDON The prospect of early criminal proceedings against Kevin Maxwell has grown following the emergence of new evidence implicating him as an active accomplice in his late father Robert's fraudulent activities. A report in.yesterday's Guardian newspaper said he had signed a letter, hand-written by his father,
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    • Article
      SPC expansion
      21 1 SINGAPORE Petroleum Company (SPC) is spending another $36 million to further expand its facilities on Pulau Sebarok Page 3
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    • Article
      Class threat
      40 1 SINGAPORE could become a more class-conscious society over the next one or two generations if the successful take an active interest in the welfare and well-being of the less fortunate, says Senior Minister Lee Kuan Yew Page 3
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    • Article
      KL to press ahead
      30 1 MALAYSIA will push ahead with its proposal for an Asian economic body in spite of US opposition and reservations by some potential member countries Page 8
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    • Article
      Viet slowdown
      22 1 VIETNAM'S economic growth had slowed sharply over the past three years, says former foreign minister Nguyen Co Thach Page 8
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    • Article
      German woes
      28 1 WESTERN Germany's economy slowed to 3.2 per cent last year as recession in other industrial nations and tax increases at home sapped its strength Page 9
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    • Article
      NOL to give up stake
      31 1 NOL will give up its stake in CWT Distribution as, by next year, it will have its own warehouse and distribution centre. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      27 1 WALL STREET opened lower yesterday with the Dow Jones index of leading industrials dropping 7.16 points (0.22 per cent) to 3,251.34 five minutes after opening.
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    • Article
      Footsie higher
      36 1 LONDON shares recouped early losses to rise at midday yesterday after cuts in mortgage rates by the two biggest lenders to homeowners. At 1230 GMT, the FTSE 100 Index was at 2,548.7, up 11.6.
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    • Article
      Affin to buy bank
      34 1 AFFIN Holdings Bhd proposes to acquire the entire paid-up capital of debt-ridden Perwira Habib Bank for M 5689.8 million (Ss4l4 million) from existing shareholders which include Bank Negara Page 4
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    • Article
      Stock options trading
      21 1 THE STOCK Exchange of Singapore will introduce stock options trading by the middle of this year Page 4
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    • Article
      Genting unit in deal
      40 1 IN A MOVE into property development, Genting Australia Investments Holding Ltd, a subsidiary of Malaysia's Genting Bhd, will build 200 apartments on a site it acquired for As 23 million (5529.5 million) in mid-1991 Page 4
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    • Article
      Licences for banks
      22 1 BANGKOK BANK and Thai Military Bank have been granted the first licences to open branches in Vietnam. Page 7
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    • Article, Illustration
      STOCK INDICES
      29 1 rharaday Change BT-MGA 745.08 ++5.95 Kuala Lumpur 569.23 +16.95 Tokyo 21,612.19 -162.94 Hongkong 4,412.14 +29.48 Sydney 1,673.5 -2.1 Wednesday Change New York 3,258.50 +12.30 London 2,537.1 +20.8
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    • Article
      CURRENCIES
      23 1 Exchange rates USS SS 1.6500 100 Yen SS 1.2850 MS SS 0.6082 Money market rates Overnight 3 1/2 unch 3-month 3 +3/16
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    • Article
      COMMODITIES
      36 1 London Gold AM fix USS354.60 -USS1.00 Rubber S'pore Feb 129.00*/kg -1.25 M'sia Feb 215.50«/kg +0.50 KL Tin Turnover 80 tonnes +23 Spot MS14.48/kg -0.03 Credo palm oM Turnover 1,523 lots -832 Feb M$913 /tonne unch
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  • Article
    Sembawang raises $216m through private placement
    431 1  -  Shipyard taps bull run to finance expansion By Magdalene Ng SINGAPORE Sembawang Shipyard, taking advantage of the bullish sentiment for stocks, yesterday successfully tapped investors for $216 million to fund its expansion plans. The lion's share, amounting to $86 million, will finance Sembawang's participation
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  • Article
    STII up almost 20pts on heavy buying
    223 1 SINGAPORE The Straits Times Industrials Index yesterday jumped 19.75 points, or 1.3 per cent, to close at 1,529.05 on a broad-based buying spree. Boosted by another recordbreaking performance by Wall Street on Wednesday and the anticipation of further interest rate cuts, turnover on
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  • Article
    Asean urged to re-examine old regional security concepts
    579 1  -  New areas of cooperation must be explored: Kan Seng By Yang Razali Kassim SINGAPORE Asean must re-examine, even discard, old regional security concepts as it intensifies intra-regional economic cooperation through free trade in response to the new world order, says Foreign Minister
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  • Article
    Lock icon US govt planning US$50b tax cuts: paper
    161 1 Reuter WASHINGTON The Bush administration is planning tax cuts totalling US$5O billion (5582.5 billion) over five years, including US$l5 billion to US$l7 billion this year, the Washington Post reported yesterday. The tax cuts were part of an economic proposal President George Bush would
    Reuter  -  161 words
  • Article, Illustration
    PM Goh urges S'poreans to take the long view
    700 1  -  Yesterday in Parliament By Anna Teo SINGAPORE Urging Singaporeans to take the long view and go for the big picture, Prime Minister Goh Chok Tong yesterday asked Singaporeans to judge his government not by immediate results but by what it seeks
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  • Article
    Lock icon S'pore tightens rein on bunker trade
    126 1 Reuter SINGAPORE The government is tightening rules to prevent cheating and unethical practices in the huge bunker ship fuel business. The Port of Singapore Authority has sent letters to more than 130 bunker barge and tanker owners and operators about the new rules, which
    Reuter  -  126 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      223 1 I HUN'S N 1 I I COMPUTER PRINTER I B RIBBON MANUFACTURER g Aircraft Schedule 31 Money Changer Rates 31 World Stock Markets 28 CommodrtKS 30 Money Market 29 Company News 4,6 Regional News 8 For market indices, editorial, Cryptic Crossword 31 Rejonal Stock Markets 27 advertising and circulation ex
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      Page 1 Advertisements Column 2
      8 1 Full interview and more reports on Pf 2
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      Page 1 Advertisements Column 3
      113 1 Chesterton JHte R International Property Consultants 6 Battery Road #14-02/03 Singapore 0104 Tel: *****22 More reports on Pg 2: Edusave to be scrapped if standards decline Fewer dropouts after streaming started Questions raised over fixing up old HDB flats Reclamation of Tekong, Übin may cost $lJ9b TOP'ofthe- loin us at
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  • PAGE 2 NEWS
    • PARLIAMENT BRIEFS
      • Article
        Move to prevent giving of expired food items
        98 2 THE MINISTRY of Environment is reviewing food regulations to prevent companies from giving expired food items to charitable organisations, said Environment Minister Ahmad Mattar yesterday. While it is an offence to give away food unfit for consumption as a prize or reward
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      • Article
        Flood alleviation works
        77 2 FLOOD ALLEVIATION works in the Braddell Road, Newton Road, Farrer Road, Outram Road and Neo Tiew Road areas will be completed by the end of this year. Similar measures to widen and deepen canals and alleviate floods will be undertaken in 28 other areas over the next
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      • Article
        Aids Bill tabled
        67 2 THE Infectious Diseases (Amendment) Bill dealing with people suffering from Acquired Immune Deficiency Syndrome (Aids) was tabled yesterday by Health Minister Yeo Cheow Tong. When the Bill is enacted, Aids carriers and victims will be required to undergo counselling or comply with certain "safety measures". The Bill
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    • Article
      Reclamation of Tekong, Ubin may cost $1.39b
      181 2 RECLAMATION WORK to enlarge and link offshore islands Pulau Übin and Pulau Tekong Kechil is likely to cost $1,396 billion, Law Minister S Jayakumar said yesterday. To be carried out by the Housing and Development Board, the work will add about 257 ha
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    • Article
      Edusave to be scrapped if standards decline
      413 2  -  Yesterday in Parliament: Reports by Anna Teo and Chuang Peck Ming Anna Teo,Chuang Peck Ming THE Edusave scheme will be scrapped if overall education and productivity standards decline in future, said Prime Minister Goh Chok Tong yesterday. Dismayed that some Singaporeans have, even
      413 words
    • Article
      Fewer dropouts after streaming started
      291 2 EDUCATION streaming has cut down sharply the dropout rates for primary and secondary schools in the past decade, new Education Minister Lee Yock Suan said yesterday. The dropout rate for primary schools has been slashed from 11 per cent in 1980 to 4 in 1990,
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    • Article
      Questions raised over fixing up old HDB flats
      474 2 A QUESTION MARK was put yesterday on the plan to give public housing flats a $10 billion face-lifl. "Is the HDB renovation really the best way to share the wealth (Singapore has) created," asked Wang Kai Yuen, Member of Parliament for Bukit
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    • Article
      Pact on boosting investment, trade ties expected to be signed
      296 2  -  From Leslie Lopez in KUALA LUMPUR THE Fourth Asean Summit is expected to sign a framework agreement aimed at boosting intra-regional cooperation in trade and investment, but the agreement is unlikely to be made public at the summit. Malaysian diplomats
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    • Article
      Asean won't take up Japan's call: KL
      188 2 KUALA LUMPUR Malaysia said yesterday that Asean would not take up a Japanese proposal to institutionalise the group's postministerial conference with its dialogue partners as a forum for security issues. "This will not be the case," said Malaysian Foreign Ministry secretary-gener-al Datuk Ahmad
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    • Article, Illustration
      Time to re-examine old concepts
      1328 2  -  S'pore Foreign Minister Wong Kan Seng replies to questions from Vang Razali Kassim Fourth Asean Summit Yang Razali Kassim Question: Do the Asean leaders see a new regional order evolving, and how will Asean relate to the new Indochina and the larger Asia-Pacific world? Answer:
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      89 2 •KL to press forward with EAEC proposal, Pg 8 Unclog your caslu^ Is your business caught in a tight cash-flow situation? Bring us your invoices and we'll give m you immediate cash advances. Keppel Finance Limited Let Keppei Finance and Keppel Factors Ifv Keppel Factors Re Ltd K Vm ease
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  • SINGAPORE NEWS
    • Article
      SPC investing another $36m in Pulau Sebarok
      308 3  -  By Lilian Ang WITH the first phase of its oil terminal project on Pulau Sebarok as good as completed, Singapore Petroleum Company (SPC) is spending another $36 million to further expand its facilities. The latest investment will bring SPC's total capital commitment in
      308 words
    • Article, Illustration
      Those at top must help less fortunate: Lee
      366 3 A class-conscious society should not be allowed to evolve IF THE successful took pains only over their own children, Singapore would become a more class-conscious society over the next one or two generations, Senior Minister Lee Kuan Yew said yesterday. Speaking at
      366 words
    • Article
      IBM Singapore reshuffles top management
      349 3  -  By Joseph Rajendran IN LINE with structural changes in IBM worldwide, the company's Singapore operation has announced changes in its top management. The Singapore company is the second in Asia to undergo such changes, after IBM Japan. Changes are expected in other IBM companies operating
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    • Article
      Siemens Nixdorf's MD resigns
      179 3 THE local managing director of the Siemens Nixdorf Information Systems, Robin Tan, has resigned to join the local office of US-based computer company Data General. He joined Nixdorf in 1986 as its first local managing director. In 1990, Nixdorf was acquired by another German multinational called
      179 words
    • Article
      Olivetti to make new products in Singapore
      214 3 COMPUTER maker Ing C Olivetti C SpA plans to manufacture more products in Singapore and the company will make an announcement soon about the venture, Olivetti executive Elserino Piol said at a news conference in Milan yesterday. "We are not talking about transferring
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    • Article, Illustration
      Few takers at property auction
      216 3  -  By Arthur Lee ONLY two out of nine properties offered yesterday at a Jones Lang Wootton auction were sold. But they were the most expensive on offer, and on a dollar basis accounted for half of the total value of the nine units up for
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    • NEWS ROUNDUP
      • Article
        S'pore appoints envoy to Cambodian SMC
        58 3 BRIGADIER-GENERAL Chin Siat Yoon as been appointed ambassador to the Supreme National C »uncil of Cambodia, but he will reside in Bangkok. He is currently Singapore's ambassador to Thailand and Myanmar. BG Chin is expected to present his credentials to Prince Norodom Sihanouk, president
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      • Article
        Mindef targets quality service
        80 3 PROVIDING quality service will be the emphasis of the Ministry of Defence's productivity drive this year, Mindef said in a statement. To commemorate 10 years of productivity in Mindef and the Singapore Armed Forces, a "Minister for Defence Award" was given yesterday to the 3rd Singapore
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      • Article
        Seminar on trade with Osaka
        65 3 A SEMINAR to promote trade and business with Osaka and the Kansai region will be held on Tuesday at the Pan Pacific Hotel. Participants will get updates on the status of projects in Kansai region and the wider economic implications of these developments. The seminar
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      • Article
        S'pore team for health games
        65 3 SINGAPORE has sent a 150-member contingent from the Ministry of Health to participate in the fourth Malaysia-Sin-gapore Health Games in Genting Highlands. The two-day event, hosted by Malaysia's Ministry of Health, begins today. Dr Kwa Soon Bee, permanent secretary for the Health Ministry and Director
        65 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      237 3 MASTER OF COMPUTING STUDIES Dealdn Uninversity, among the leaders in external studies courses in Australia will introduce this highly successful course in Singapore this year. The Master of Computing Studies provides grauates from disciplines other than Information Systems and Computer Science with the necessary Knowledge and skills to improve their
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      Page 3 Advertisements Column 2
      6 3 The Japanese aren't coming, Pg IS
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      Page 3 Advertisements Column 3
      313 3 The university of Hull (UK). tmm mm mm PROGRAMME in association with help mm STRUCTURE institute (Malaysia), offers a Mm The programme Is offered 12 month part-time Master 1111 BHL on a modular basis covering of Business Administration ■mm seven double modules. (Finance) for qualified ■V Monetary Economics and executives
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  • COMPANY NEWS 1
    • COMPANY BRIEFS !
      • Article
        Agreements on Gold Coin takeover completed
        66 4 SINGAPORE Acma Ltd yesterday said the agreements relating to its takeover offer for Gold Coin Ltd were completed on Wednesday. With parties acting in concert with itself, Acma now holds 55 per cent of Gold Coin shares. In an unconditional takeover offer, Acma is
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      • Article
        Gold Coin completes sale
        30 4 SINGAPORE Gold Coin Ltd says it has completed the sale of its entire shareholding in F E Zuellig (S) Pte Ltd to Asephar Trading Pte Ltd.
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      • Article
        Perlis Plant sells Citic Pac shares
        52 4 SINGAPORE Perlis Plantations Bhd sold its 86.97 million shares in Citic Pacific Ltd of Hongkong for HKS2.2O each, or HK5191.33 million. Because of the rise in Citic's market price, the Malaysian company made an extraordinary gain of about HK573.69 million (atxmt 5515.65 million) from
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      • Article
        Pacific Carriers to sell vessel
        43 4 SINGAPORE Pacific Carriers Ltd has agreed to sell a vessel to its associate, Pacnav SA, for US$6.l3 million (about 5510.2 million), or a capital gain of about US$3.2 million. The name of the vessel is M/V Ikan Acapulco.
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      • Article
        Approval for land transfer
        58 4 SINGAPORE Highlands Lowlands Bhd said it had received the approval for the transfer of certain plots of plantation land as part of a proposed reconstruction scheme of the Kumpulan Guthrie Bhd group. The approval was received on Dec 10. Highlands Lowlands is awaiting exemption for stamp
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      • Article
        Armed forces fund does well
        105 4 KUALA LUMPUR Lembaga Angkatan Tabung Tentera (LTAT), the armed forces superannuation fund, recorded a pre-tax profit of M 5202.0 million (about *****.2 million) for the year ended Dec 31, 1991, its highest ever yet. LTAT made a pre-tax profit of M$ 146.0 million a year
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      • Article
        Shareholders to get refund
        100 4 KUALA LUMPUR A total of M 5326 million (about Ssl96 million) will be refunded to Kewangan Usahasama Makmur Bhd (K.UMB) shareholders beginning this weekend following a pay-out exercise by the company's liquidators. KUMB was placed under liquidation on Dec 6, 1991 after MBf Finance Bhd took
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    • Article
      SES to start options trading by mid-year
      304 4 SINGAPORE The Stock Exchange of Singapore will introduce stock options trading by the middle of this year, deputy chairman George Teo said yesterday. To kick off the market, both put and call options would be introduced on six scripless equity stocks, said Mr
      304 words
    • Article
      Lion Land to buy other half of property firm
      240 4 SINGAPORE Lion Land Bhd, formerly Supreme Corp and now part of the Lion group of companies, has agreed to buy the remaining half of property development firm Mcken Sdn Bhd, in which it already has a 50 per cent share. The
      240 words
    • Article
      Affin seeks to acquire entire capital of Perwira Habib Bank
      425 4  -  Move will turn unit of armed forces fund into full-fledged finance stock From Leslie Lopez MALAYSIA'S AfTin Holdings Bhd has proposed to acquire the entire capital of debtridden Perwira Habib Bank for M 5689.8 million (about SS42O million) from the
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    • Article, Illustration
      Peter Sung buys six million Tuan Sing shares
      293 4  -  By Lee Han Shih SINGAPORE One day after taking on the job as chairman of Tuan Sing Holdings, former junior minister Peter Sung announced that he had bought six million shares in the company. A company statement yesterday said Mr Sung bought
      293 words
    • Article
      Genting subsidiary to build apartment block in Sydney
      394 4  -  From Florence Chong in SYDNEY GENTING Australia Investments Holding Ltd, a subsidiary of Malaysia's Genting Bhd, is moving into property development with plans to build an inner city apartment block. Genting Australia is planning to construct 200 apartments on a site it
      394 words
    • Article
      S'pore engineering firm ties up with arm of British MNC
      315 4  -  By Carolyn Lim SINGAPORE Salcon Pte Ltd, a major subsidiary of engineering company Pan Salcon Ltd. has tied up with a unit of British engineering multinational Simon group in a technical and marketing collaboration agreement. Following the agreement, Salcon and
      315 words
    • Article
      Talk of stock split sends Resorts World shares rising
      251 4  -  From Leslie Lopez in KUALA LUMPUR SHARES of Malaysia's Resorts World Bhd, a subsidiary of casino operator Genting Bhd, rose on heavy trading amid rumours that the company would split its shares and the release of better-than-expected profits. Resorts World shares
      251 words
    • Article
      Premium on UOB-F shares up
      137 4 SINGAPORE The price of UOB Foreign registered shares is starting to command a higher premium over the k>-caily-heid shares again. United Overseas Bank announced yesterday that as at Jan 13, the percentage of foreign holdings in the bank's warrants had reached the maximum limit of
      137 words
    • Article
      Small players get 51.1pc of Pertama shares
      263 4 SINGAPORE Investors applying for less than 50,000 shares have walked away with the lion's share of Pertama Holdings' public offer. At the balloting yesterday, they got 51.1 per cent of the 8.027 million 25-cent shares offered to the public at 45 cents apiece.
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    • COMPANY BRIEFS
      • Article
        Gulf War cuts Garuda's earnings by 27.5pc
        72 6 JAKARTA Earnings of the national flag carrier Garuda Indonesia declined by 27.5 per cent last year to 239 billion rupiahs (SSI96 million), Communications Minister Azwar Annas said on Thursday. Mr Annas told reporters that the decline resulted mainly from the Gulf War, which
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      • Article
        Marubeni in M'sian airport deal
        77 6 TOKYO Marubeni Coip and three British firms have received an order to design an international airport in Malaysia, a spokesman of the Japanese trading giant said yesterday. Marubeni and its British partners General Electric, Trafalgar House and Balfour Beatty will sign a formal agreement with
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      • Article
        Hyundai plans Thai car plant
        88 6 BANGKOK South Korea's Hyundai Motor Co Ltd plans to start assembling its sedans here from late 1992, agents for Hyundai cars said. The plan follows a Thai government move last year to slash car import duties. Executives of Hyundai agent United Auto Sales Co Ltd
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      • Article
        IBM to declare first ever loss
        78 6 NEW YORK International Business Machines Corp is expected on Friday to report the first quarterly loss in its 80-year history, ending a dismal year marked by the disappearance of 20,000 jobs and a massive restructuring. IBM is expected to report that fourth-quarter operating profits
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      • Article
        MIM interim profits slide
        74 6 BRISBANE, Australia Base metals and gold miner MIM Holdings Ltd said much lower base metal prices and delays in coking coal production at Oaky Creek in Queensland were the main reasons for a slump in interim net profit. MIM earlier reported that net profit before abnormals
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    • Article
      New Straits Times Press posts 6pc fall in earnings
      208 6 SINGAPORE The New Straits Times Press (Malaysia) Bhd yesterday reported an unaudited 6 per cent drop in group net earnings to M 555.3 million (5533.7 million) for the year ended Aug 31, 1991. At the company level, however, net earnings rose
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    • Article
      Lock icon Intel Corp posts record earnings for 1991
      480 6 NYT SAN FRANCISCO, California Intel Corp on Wednesday reported record revenues and earnings for 1991 and fourth-quarter results at the hijgh end of analysts' expectations. Its strong showing came despite the recession and the emergence of a competing producer of its core microprocessor
      NYT  -  480 words
    • Article
      Ming Pao's independent director, adviser express misgivings on reverse takeover
      425 6  -  From Catherine Ong in HONGKONG THE independent director of Ming Pao Enterprise and the financial adviser to minority shareholders have expressed misgivings over a HKS4S4 million (5596.4 million) reverse takeover of Hongkong's fourth largest newspaper group. Mr Rayson Huang, independent
      425 words
    • Article
      Lock icon Indonesia's tin giant sees profits in 1992
      405 6 Reuter JAKARTA After savage cost cutting, including shedding thousands of jobs, Indonesia's state tin producer expects to make a small profit this year despite falling tin prices. "The tough efficiency programmes that we launched two years ago have produced results. We escaped losses
      Reuter  -  405 words
    • Article, Illustration
      Lock icon Hilton's fourth quarter earnings increase 8.4pc
      427 6 UPI BEVERLY HILLS, California Hilton Hotels Corp reported on Tuesday fourthquarter earnings of U5529.6 million (5548.5 million), or 62 cents a share, up 8.4 per cent from earnings of $27.3 million or 57 cents a share, for the year-ago quarter. Fourth-quarter revenue for Hilton,
      UPI  -  427 words
    • Article, Illustration
      Lawyer is new chairman of HKSE council
      252 6  -  From Catherine Ong in HONGKONG LAWYER Charles Lee Yeh Kwong has been elected the new chairman of the Hongkong Stock Exchange council. He was returned unopposed at the election on Wednesday, replacing Hang Seng Bank chief Sir Quo-wei Lee. Mr Lee's victory was
      252 words
  • Page 4 Advertisements
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      149 4 Wr\MT*\T TP Delicious Swiss fondues are now served in unlimited —jLLf AJ £j helpings at the award-winning Le Chalet Restaurant at the Feast IN A Ladyhi,,Hotei Priced at only $28.00 per person, our Fondue Feast T I TIVJ/ r^lJ r r IlV/|f7 includes a speciality soup (Gersten Suppe, Mousseline De
      149 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      318 5 THE MERGE TOWARDS EXCELLENCE By merging the best from two well established organisations, Guardian Wholesale THE ACCORD ADVANTAGE and Wellgrow Enterprise Pte Ltd, Accord Marketing Services has the advantage of highly dedicated and committed professionals; the latest state-of-the-art technologies drawing on over 20 years of marketing pharmaceuticals, healthcare products and
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      138 6 JRHVKnS^ jMpBiWF r WWW inim J .wy ff^r, THE SCURRY FOR CURRY It's the hottest rush for spices since the East India Company came to Singapore! This month, a feast of curry delights from the mild Malayan Susu to the tantalizingly fiery Thai Green Chilli promises to spice up your
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      Page 6 Advertisements Column 2
      226 6 The incredibly desirable 1892 Hi m Ericsson antique phone Resuscitated lot ibn promotion only, this fully •Morimg unit a no longer m produc f Hon There 's a paltry 80 available ASUk in Singapore so its value is bound to °pp rsc to WIH BABE ANTIQUES. (IN OUR COLLECTIBLES COMPETITION)
      226 words
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  • FINANCIAL NEWS
    • Article
      Lock icon Thai banks win first licences to operate in Vietnam
      399 7 Branches for Bangkok Bank, Thai Military Bank Agencies HANOI Hanoi granted two Thai banks on Wednesday the first licences to open branches in Vietnam as Thai Prime Minister Anand Panyarachun began a three-day official visit aimed to boost economic ties. Bangkok
      Agencies  -  399 words
    • Article
      Lock icon KL agency issues first set of bond ratings
      174 7 Reuter KUALA LUMPUR Malaysia took a small step towards boosting its private debt securities market on Wednesday when its fledgling rating agency issued its first set of corporate bond ratings. "This is the first step taken to develop the corporate bond market,"
      Reuter  -  174 words
    • Article
      Analyst sees interest in Asia diverted to Latin America
      310 7  -  By Kooi Cho Teng SINGAPORE He was bullish on the US dollar and New York stocks, but he reckons that interest in Asian marts may wane as Latin American markets emerge. Alan Benasuli, director of research at Smith Barney, Harris Upham
      310 words
    • SMALL CHANGE
      • Article
        3 indicted on charges of bankruptcy fraud
        68 7 PHOENIX Charles Keating Jr, whose failed Lincoln Savings and Loan epitomised the national thrift scandal, was indicted on federal charges of bankruptcy fraud, wire fraud and conspiracy. Wednesday's grand jury indictment accused Keating, 68, and fellow former American Continental executives Judy Wischer, 43,
        68 words
      • Article
        Shawmut calls off bank merger
        85 7 BOSTON Shawmut National Bank announced on Wednesday that it was abandoning a merger with Bank of Boston which would have created the biggest banking institution in New England. "The interests of our shareholders will be best served by not pursuing a combination with Bank of
        85 words
      • Article
        Dhaka to have single forex rate
        98 7 DHAKA Bangladesh has abolished a premium foreign exchange rate system so there will be only one rate for all kinds of trading. The central bank scrapped the Wage Earners Scheme rate from Jan 1 and asked all banks to trade at the official foreign
        98 words
      • Article
        Austrian banks tighten rules
        68 7 VIENNA Austrian banks, accused of making it easy for criminals to launder money, have tightened their rules on anonymous deposits, officials said on Wednesday. An "expanded declaration of due diligence" from the credit section of the Federal Chamber of the Economy, grouping the country's banks, will
        68 words
    • Article
      Lock icon Credit Lyonnais extending deadline for Vietnam fund
      261 7 Reuter HONGKONG Credit Lyonnais Securities (Asia) Ltd has extended the cut-off date for placing its newly launched Vietnam Growth Fund due to disappointing take-up. A spokesman yesterday said, "It is taking longer to place than we had hoped. The placement period is being
      Reuter  -  261 words
    • Article
      Lock icon Ex-BCCI top exec held to help in investigation
      278 7 AP WASHINGTON Authorities have arrested a former top executive of the failed Bank of Credit and Commerce International (BCCI), and investigators hope he will shed light on possible bribes to federal officials. Mr Sani Ahmad, head of BCCI's Washington office from 1985
      AP  -  278 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      144 7 Kay Hian James Capel Holdings Limited ANNOUNCEMENT-INTERIM DIVIDEND Further to the declaration of an interim dividend of 7.5% less Singapore tax (0.75 cents per share) in respect of the financial year ended 31st December 1991 made at the time of the half year results, the directors are pleased to advise
      144 words
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      Page 7 Advertisements Column 2
      53 7 HiislsAn Advertisement For Golf Clubs. What has this masterpiece of automotive engineering the winged Ferrari got to do with Mizuno's latest, super golf clubs? Avid golfers, find out next Friday, 24th January, in our Mizuno advertisement in The Straits Times. It could change the way you play golf. The World's
      53 words
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  • THE REGION
    • Article, Illustration
      Lock icon KL to press forward with EAEC proposal
      454 8 Expansion of Asean inevitable, says Foreign Minister Reuter KUALA LUMPUR Malaysia will push ahead with its controversial proposal for an Asian economic body in spite of US opposition and reservations by some potential member countries. Foreign Minister Abdullah Ahmad Badawi said yesterday. He
      Reuter  -  454 words
    • Article
      Thai bank to extend US$100m credit line to Hanoi
      389 8 BANGKOK THE Bank of Thailand has agreed in principle to extend a US$lOO million (about S$ 165 million) credit line to Vietnam for the purchase of Thai products, according to a report in The Nation. The credit facility is only the
      389 words
    • Article
      Lock icon KL expects Viet PM's visit to boost trade and ties
      300 8 Bernama KUALA LUMPUR Malaysia's bilateral and trade cooperation with Vietnam is expected to be stepped up with the visit of Vietnamese Prime Minister Vo Van Kiet next Monday. "It is our intention to improve economic relations with Vietnam which has
      Bernama  -  300 words
    • Article
      Sharp slowdown in Hanoi's economic growth: Co Thach
      287 8  -  By Harish Mehta SINGAPORE Vietnam's economic growth had slowed sharply over the past three years, the country's former Foreign Minister said yesterday. Nguyen Co Thach said growth between 1989 and 1991 had averaged about 2 per cent a year, compared with average
      287 words
    • Article, Illustration
      Import curb helps Thai IC industry to grow
      390 8 BANGKOK The Thai government's policy of restricting imports of electronic parts including Integrated Circuit (IC) boards has led to the growth of the local IC industry enabling it to produce more for the domestic market and compete abroad. Bangkok-based The Nation reported.
      390 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      228 8 round the world, the Sheraton chain of hotels enjoy I an enviable reputation for service. And in the region, they stand apart with their gracious H manner of doing business. This is no doubt helped by the H decision of Sheraton Worldwide Reservations to connect Pq R their phone lines
      228 words
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  • THE WORLD
    • Article
      Lock icon West Germany's growth slowed to 3.2pc last year
      333 9 But Bundesbank not likely to ease monetary policy NYT BONN Western Germany's economy cooled markedly last year, posting little or no growth in the last three quarters as recession in other industrial nations and tax increases at home sapped its strength. Western
      NYT  -  333 words
    • Article, Illustration
      Lock icon Power struggle threatening Russian reform: US adviser
      352 9 FT MOSCOW Russian economic reform could be destroyed "within weeks" if the power struggle within the Russian leadership is not resolved in favour of the Cabinet of Ministers, the chief foreign adviser to that Cabinet said on Wednesday. Professor Jeffrey Sachs of the
      FT  -  352 words
    • WORLD WATCH
      • Article
        Polls show support for Bush falling
        99 9 WASHINGTON Two major new polls showed on Wednesday that US President George Bush's popularity has plummeted, but analysts said the Democrats will still have a tough time beating him in the November election. A poll by Republican Ed Goeas and Democrat Celinda Lake found
        99 words
      • Article
        US firms see 0.1pc rise in sales
        65 9 WASHINGTON US business sales crept up just 0.1 per cent in November, providing little spark for greater production and new jobs, a government report showed on Wednesday. Businesses increased their inventories 0.2 per cent in November, but that pace was slower than the
        65 words
      • Article
        France rejects Gatt plan again
        86 9 PARIS France again rejected a Gatt plan to liberalise world trade, dealing a fresh blow to efforts to wrap up the Uruguay Round of trade negotiations. President Francois Mitterrand told a Cabinet meeting on Wednesday that the proposals by the director-general of the General Agreement
        86 words
      • Article
        Brazil expects US$3b from sale
        73 9 RIO DE JANEIRO Brazil, the developing world's biggest debtor, expects to raise more than US$3 billion (Sss billion) this year from the sale of 22 state-owned companies, mainly steel and petrochemical firms. Eduardo Modiano, president of BNDES, the state development bank overseeing state asset sales,
        73 words
    • Article
      Lock icon China fights back in patents dispute with US
      374 9 FT BEIJING Accused by Washington of being the biggest pirate of US copyright and patents in the world, China has fought a tough and noisy campaign to prevent the US from imposing punitive trade sanctions against Chinese exports worth up to USSI.S
      FT  -  374 words
    • Article
      Lock icon Algerians facing economic and legal minefield
      360 9 Reuter ALGIERS The Algerian economy is in crisis, burdened by US$25 billion (SS4I billion) in foreign debt. The legitimacy of a new fiveman presidency is challenged inside and outside the country. Parliament is dissolved. With or without the threat of violence from thwarted Muslim
      Reuter  -  360 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      198 9 I International Toil-Free Service (ITFS) offers I Call-Free and Fax-Free facilities that can give I your international business a real winning I advantage. I Just by con YOU CAN SEE I necting Call-Free or AND HEAR I Fax-Free to your THE OPPORTUNITIES phone or facsimile I AROUND machine, your overI
      198 words
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  • Article
    Hearts and minds
    478 10 EDITORIAL IT WAS a one-two combination that critics of the government's policies will find hard to block. On Wednesday, Deputy Prime Minister Lee Hsien Loong led with an eloquent elaboration of the PAP government's strategies for the long-term betterment of Singaporeans. Yesterday Prime Minister Goh Chok Tong
    478 words
  • WHAT THE OTHERS SAY
    • Article
      Frying pan into the fire
      281 10 THE military's cancellation of the second round of elections in Algeria raises profound questions about democratic politics, and it is in the nature of things that there are no simple answers. The Islamic Salvation Front (FIS), which won 188 of the 430 National Assembly seats
      281 words
    • Article
      The Algerian dilemma
      107 10 ALGERIA is in now in a state of emergency following heavy military deployment to thwart the Muslim fundamentalists from taking over the government. As a result, Algerians are deprived of casting their votes in a democratic manner to elect the next government. The army will find there
      107 words
    • Article
      Stop the spread of nukes
      109 10 THE nuclear arms race between the United States and the Soviet Union has come to a halt because of the disintegration of the Soviet Union. However, the most imminent threat lies with the colossal heritage of nuclear armaments left over by the former Soviet Union.
      109 words
  • REGIONAL VIEWPOINTS
    • Article
      Don't miss the chance
      140 10 A JAPANESE proverb has stated that: "Deeds produced too late are worthless." It means a belated act is sometimes too late to be of any use whatever. Japan should try to contribute to the successful conclusion of the Gatt talks in line with the draft accord
      140 words
    • Article
      Relief over the Black Sea
      191 10 BEFORE the weekend meeting during which the Russians agreed to share control of the Black Sea naval fleet, there were fears the two newly formed states might do battle for the for-mer Soviet Union's naval might. Fortunately such a scenario has now been averted. The
      191 words
    • Article
      Licking poverty
      196 10 IT IS largely believed that poverty can never be eradicated, that it can only be whittled down at the most to pockets here and there. But is it really so? Proponents are quick to point to the US and other developed countries, the slums and rural poor that
      196 words
  • Article, Illustration
    A party on trial?
    1127 10  -  The Chief Minister of Sabah. Datuk Seri Joseph Pairin Kitingan, is being charged for corruption. From Kota Kinabalu, Leslie Lopez analyses the ramifications of the case against him Leslie Lopez THE accused sitting in the dock at the cramped court room in the capital of Malaysia's
    1,127 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      152 10 k l@- 'ITr jj^l Aim for a H|H|||||l^^^BwH ASIAN AER^SRACE'92 ASIAN AEROSPACE is considered one of the worlds most important air shows. Three of our newspapers will be publishing a rm r>(j *j rrr special feature in conjunction with this great The StraitsTimeS exhibition of airier. FEBRUARY 24,1992 Readers will
      152 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      45 10 DOONESBURY BY GARRY TRUDEAU dOOP&t, WKE 6MN6MB NOTH- HdU, I HARDLY K IN6BUT*WPSIGNALSH&&! eMRtCO6WI£ YOU MANTIO S&MB,YOU corm YOU ANYMORE.' S vO no' 7ZZ%T IMAKB YOU HAPPY, I MA& YOU eACHTIMtISee VX I f HJHATDO] upsev icAtrrmjßtajTunm w,YOtfvefvr (a y0u... 1 C^Ki ON MORE UJ&6HT >
      45 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon The perennial problem with imports
      987 11 The United States claims that Japan is blocking its imports. But is it really? The Economist an USH asks Japan to open markets." This headline appeared frequently during US President George Bush's visit to Japan between Jan 7-10. The same request has made the front
      The Economist; Source: OECD  -  987 words
    • Article, Illustration
      New players on the oil field
      1487 11  -  The failure of joint Vietnamese-Soviet efforts to find and develop oil fields has opened new, high-risk but high-reward opportunities for foreign oil companies. Harish Mehta reports from Hanoi. Harish Mehta TWO developments in Vietnam have rivetted the attention of the oil majors and minors.
      1,487 words
    • Article, Illustration
      When two is better than one
      538 11 AN INDIAN and a French oil company have hit a dry patch in their search for oil in Vietnam, but both are optimistic of striking it eventually. Both, however, are fighting shy of going it alone and are looking for partners to spread the
      538 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      93 11 CONVERSATIONS I RAFFLES //as Chan Heng Chee, once accused of being eager to fault the PAP at every possible turn, become an apologist for the government? Judge for yourself tomorrow in the second of BT's Conversations at Raffles, our fortnightly chat with Singaporeans and others of substance. We invite busy
      93 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      197 12 M Nothing Beats A Bud. where to wine, dine OF I ORGANISE YOUR OWN KARAOKE! It's your very own Karaoke party! King's Hotel has come up with a weekend Karaoke package for groups of 10-200 people from 12 noon to 5 pm. After your Penang Buffet Lunch, the Ist round
      197 words
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      Page 12 Advertisements Column 2
      356 12 WW DIAN XIN TEMPTATIONS Continuing the parade of culinary gems incomparable Ruyi offers a fine selection of Dian Xin. From our creative A la Carte menu treat yourself to all the Dian Xin you can enjoy for $16.80+ per person. Open daily from 11:30 am 2:3opm for lunch, and 6:3opm
      356 words
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      Page 12 Advertisements Column 3
      201 12 Sweet Temptations of lovely }>astrics and refreshing desserts, coupled with a eup of coffee or tea, make a j)crfect accompaniment for an afternoon tete-a-tete. From 3 -5.30pm daily at Adult: JlB.so++ child: #6.00++ Plaza Hotel PIJT7FI wWlly JrlilAO Hrarh K<ia<l Stngapno-0719Trl 29f1t1011 our sizzling Teppanvaki Buffet Treats over the weekends
      201 words
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      Page 12 Advertisements Column 4
      263 12 PERFORMED DAILY AT jO the pine court Amidst Imperial splendour, our chefs stage their highly-acclaimed performance J !Wf 1 legendary Beijing cuisine to the satis- <£, jT~ Action of demanding diners To guarantee 1 y° ur Ptace amongst the discerning, make f \S your reservations early CEPC N TO Lunch
      263 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      672 12 TELEVISION AND RADIO He's dinehv "j?! 8608 bus^pibwo 8.30 Close. 5.40 PM We Are A Family (C). 10 35 WorW New at 10 BBC, 88.9 mHz in VHF Band II 6.55 PM Opening and Programme 6.25 News (T). 11.15 Gotten Classics The Out-of- 7.05 am, 1.30pm, 5.05pm, 1.05 am: Higlights.
      672 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Cheap is good, posh un-chic
      796 13  -  Nick Ravo reports on the in-thing in America Nick Ravo NYT Back in the '80s, that designer decade, Anita Cleary of New Jersey, considered herself a typical middleclass suburban shopper of moderate means. She and her husband at the time, an engineer with a six-figure
      NYT  -  796 words
    • Article, Illustration
      Last days of a Latin hero
      841 13 Nobel prize-winner Gabriel Garcia Marquez chronicles the final months of South American revolutionary Simon Bolivar The General in his Labyrinth By Gabriel Garcia Marquez Published by Penguin 285 pages, £4.99 Reviewed by Salil Tripathi Gabriel Garcia Marquez has justly been called the progenitor of
      841 words
    • Article, Illustration
      Fantasia spins Disney magic and money
      432 13 CHATTERBOX WALT DISNEY Co said vi-deo-cassette sales of its animated film Fantasia set an industry record with 14.2 million units sold in North America. The previous record for video-cassette sales of a film was held by ET The Ex-tra-Terrestrial. a Universal Pictures film released
      432 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      142 13 AND ENTERTAIN t/jn rjjPP. High Tea Classics Danish pastries. Fresh cakes. Savoury Dian Xin. Mee Siam. Samosas. Quiche Lorrain. Spring Rolls. Fresh Fruits. Cookies. Eveiy Saturday. 3 to 5 pm. $12.50++ per person. Fash ionshow at 4 pm. ANA HOTEL SINGAPORE For resemtions, 6 1025 please call 732-1222 ext 1581.
      142 words
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      Page 13 Advertisements Column 2
      180 13 SUNDAY M FAMILY m BRUNCH B II (S7- for children under 12) Kg^B TEEOFFCAFE RJ BAY COLF COUNTRY CLUB PSflg 6 MARINA CREENSINCAPORE 0101. FOR RESERVATIONS PLEASE CAIJ. 221 2SII/122 4221 ROB DODDEMEADE Put on your hat and head down to Zouk for lunch this week. RESTAURANT ts?i- (vivH 17
      180 words
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  • FOCUS 1
    • Article, Illustration
      Lock icon They came, they saw, they faltered
      1440 14 Once, South Korea looked like a second Japan in the making. The West had expected a wave of Korean exports. The wave did come, then it fizzled out. Can this dragon rekindle its fire? FT THE Koreans are coming, warned the cover story of
      FT; Source: Bank of Korea; Source: Ministry Trade and Industry; Source: Ministry of Labour  -  1,440 words
    • Article, Illustration
      Lock icon The Japanese aren't coming
      1574 15 IBM is in crisis and most other big computer makers are floundering. But the ballyhooed Japanese invasion of the global computer industry doesn't appear to be happening. The Economist IT SOUNDS quite familiar. By assiduously learning from, and then surpassing, established American and European firms in
      The Economist; Sources: Company Reports; Jardine and Fleming  -  1,574 words
  • Page 14 Advertisements
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      96 15 Unique Opportunity High potential returns Low competition High commissions (40%+) No experience necessary, though sales/marketing experience an advantage Selling to high growth/high profit sectors of the economy Suitable as a one person business/home based Free start-up materials and basic training No ongoing franchise or management fees Business is to sell
      96 words
    • Advertisement
      Page 15 Advertisements Column 2
      250 15 2.0 LITRE < cylinder-in-une ,/i i 16-VAiVE maMj&t k. J twincam ELECTRONIC fuel injection super toe control SUSPENSION ANTI-LOCK BRAKING SYSTEM (optional) iat jw^ok MAX POWER rpm J-WAY CONVERTER »■*'>■>* 20H LESS I USE Of CFCj IN Forget everything you ever thought .nA II T If I T 111 air-conditioner
      250 words
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  • The Singapore Business Awards The Singapore Business Awards
    • Article, Illustration
      Gaining recognition at home and abroad
      837 16 Businessman of the Year Enterprise Award Outstanding Manager Award WINNERS WILL BE ANNOUNCED TONIGHT A SUCCESSFUL businessman is judged not only by his financial acumen, but also by his contribution to the wider community. Reflecting Singapore's maturing status as an international business centre and
      837 words
    • Article, Illustration
      Business Times
      411 17 THE ORGANISERS AS THE Asean region grows in stature within the international community. Business Times (a Singapore Press Holdings publication) is moving ahead in tandem with it. As the only true business paper covering developments in the fastest growing area in the world. Business Times has become a
      411 words
    • Article, Illustration
      DHL Worldwide Express
      735 17 THE 90s will be one of significant transformation for DHL. Having already convinced the marketplace that it is the world's most reliable document express firm, DHL is fast becoming the world's leading freight express company. This is the DHL of the 90's. This transformation is being driven
      735 words
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  • SPORTS
    • SIDE LINES
      • Article
        Conner sails past syndicate president
        145 18 SAN DIEGO, California Dennis Conner evened the score with US rival Bill Koch here on Wednesday by trouncing him in the second race of the America's Cup defender series. Conner, who lost to Buddy Melges in Defiant in the opener on Tuesday, faced the America
        145 words
      • Article
        Vatanen's hollow victory
        126 18 SPRINGBOK, South Africa Finland's Ari Vatanen notched up his seventh stage victory in the Paris-Cape Town Rally on Wednesday, but it was just another hollow win before Frenchman Hubert Auriol takes the honours. The 600 km haul from Keetmanshop, Namibia, to Springbok was the last timed stage
        126 words
      • Article
        Smokers to be isolated
        51 18 ALBERTVILLE, France Smokers are to be ostracised at the Winter Olympics. Doctor Patrick Schamasch, head of medical services at the Cojo 92 organising committee, said smokers would be confined to special areas, both indoors and outdoors. "The Games must set an example in public health," he
        51 words
      • Article
        Porsche staying out of F-1
        109 18 BONN German car maker Porsche will stay out of Formula One for the time being, a company official said on Wednesday. "An independent engagement in Formula One is not possible due to financial reasons," engineer Horst Marchart of the Porsche Research Department said. "If we
        109 words
      • Article
        Piquet in talks with two teams
        107 18 RIO DE JANEIRO Nelson Piquet, who made contradictory announcements about his future plans earlier this week, said on Wednesday he was negotiating with two teams about a possible contract for the 1992 Formula One season. Piquet, talking to reporters in the Brazilian city of
        107 words
    • Article, Illustration
      Lock icon It started with a stolen bicycle
      763 18 Ali turns 50: Life and times of an all-time favourite king of the ring AP LOUISVILLE, Kentucky When he was a police officer in the neighbourhood, Joe Martin met a 12-year-old crying over a stolen bicycle. The boy was looking for the thief to
      AP  -  763 words
    • Article
      Lock icon Four seeds fall at Australian Open
      441 18 AP MELBOURNE Swede Christian Bergstrom and Americans Aaron Krickstein and MaliVai Washington all upset seeded players in second-round matches yesterday, fourth day of the Australian Open tennis championships. Bergstrom pulled off the biggest surprise by ousting seventh-seeded Frenchman Guy Forget 7-6 (7-5), 2-6, 6-3,
      AP  -  441 words
    • Article
      Lock icon Book on Nike alleges steroid use by sponsored athletes
      411 18 AP PORTLAND. Oregon Steroid use by Nike-spon-sored athletes and widespread under-the-table payments to amateur competitors are among the allegations in a book released this week that details the inner workings of the athletic shoe and apparel giant. "Swoosh, The Story of
      AP  -  411 words
    • Article
      Lock icon Palmer thrills fans at Bob Hope Classic
      315 18 Reuter u-! M* BERMUDA DUNI& G&fornia Venerated vettfln Arnold Palmer delighted £&d excited his customary my" of fans as he cardei»a six-under-par 66 to trail He leaders by only twe/ -strokes after the opening roundjjf the US$l. J million (about Ssi.B million') Bob
      Reuter  -  315 words
  • Page 18 Advertisements
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      Page 19 Advertisements Column 1
      59 19 SINGAPORE i Br HE Jy^Bl i V II Wth 1 zed d I!I riJ v..^^BL- v a JBjJBF M m aif JLAaa^S^BJv b /F *A "'nV* LfcMML^fejß^Es! It* Vio fttataapofcone 4 t bnnn| NHj k^V AJessandra Gradi jewellery, available at EBEI Boutiques exclusively The lichine and 1911 watches TODAY MARKS
      59 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market rally continues on heavy volume
      4255 20  -  By Shoeb Kagda DURING A BREAK at the Asian capital markets seminar held at the Hyatt Regency yesterday, there was a long queue for the telephone. Almost all were waiting to call their brokers to find out where the market was headed. They were
      4,255 words
    • Article, Illustration
      Lock icon HOT STOCK
      76 20  -  By Chew Eng Han Comment AS expected, UIC has rebounded from the 1991 low of 90.5 cents. First target at $1.02 has already been exceeded and second target at $1.10 was almost reached yesterday. With both short and long-term stochastics heading up, the outlook is positive. But as
      SOURCE: PONT DATA  -  76 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3021 21 SPH Foreign 1410 60 4 4% 690 +45 +7.0% C&CWt 376 +44 +I3V*> Roth Inds 50* 775 +40 +5.4% BAT 2I« 600 +30 +5.3% DBS Foreign 1250 30 +2.5% FELS 50* 640 30 4.9% Jurong Ship 50« 1080 *30 2.9% UOB Foreign 680 +25 +3
    3,021 words
  • Page 21 Advertisements
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3294 22 Gentings 50* 780 50 6.8% UMW 271 +25 +10.2% NST A 320 +6 7% Oriental Hldgs 560 +20 +3.7% MISC Foreign 500 18 3.7% High Low 50* 204 16 +8.5% H Leong Credit 218 +15 +7.4% Uniphone Tel 185 15 +8.8% Leader U 412 +14
    3,294 words
  • Page 22 Advertisements
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Strong buying pressure propels market higher
      5045 23 Bernama SHARE priccs yesterday ended sharply higher over a wide front on strong followthrough buying support in what dealers said was the beginning of the much awaited Chinese New Year rally. In fairly active trading, the KLSE Composite Inder rose 16.95 points, or 3.1
      Bernama  -  5,045 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      286 24 Company Date Year Group Not Not earnings Gross ann to profit/loss (L) per share dividend (000) (cents) Goodwood Park Jan 10 Sep 91 $22.137($21.216) 49 2(47 1) 80(50) H Msia Jan 10 Sep 91 $429($1 886) 2 6(11 4) 15(20) SPH Dec 24 Aug 91 $153,802(5133.374 62 6(54
      286 words
    • Article
      PRELIMINARY RESULTS
      129 24 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) KL Hepong Dec 27 Sep 91 MS85.468*$84,804) 15.3(14 8) 15(15) Pacific Can Dec 24 Sep 91 S138($1.387l) 0 2( Van Oer Hocst Dec 24 Sep 91 S2,960(52.800) 4 7(4 2) 1(1)
      129 words
    • Article
      INTERIM RESULTS
      478 24 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) Pegi Msia ian 15 Sep 91 M$76($3,212) Polytek Dec 31 Sep 91 $4891(11.958) Sateras 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 MS2.391 ($579e) imatex Dec
      478 words
    • Article
      CORPORATE DEVELOPMENTS
      453 24 Jan 15 Singapore Aerospace, Sembawang Aviation and US-based Rohr Inc will form a loint-venture to manufacture engine housing systems for business j«t planes in Singapore. Pertama Holdings Public share issue was oversubscribed 30 4 times Nat Steel's engineering division is planning to go regional with Indonesia. Burma and
      453 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      2105 24 Trans Registered Substantial Bay/ No. of Amount Shareholding Stock Date Holder Shareholder/Director Sell shares Before After SIA 13/01/92 Temasek Hldgs (P) Ltd B 2.000 26.677 200 348 428.586 54 33 348.430,586 54.33 Semb Maritime 13/01/92 Street Names Temasek Hldgs (P) ltd *B 10.000 64.292 120 89.213.918 48
      2,105 words
    • Article
      DIVIDENDS ANNOUNCED
      507 24 Current Ex Books Date Total for Total for payment date dose payable tlM year last year A58 50c 121(b) Ok 30 Jan 14 Jan 21 12% 10% Amai SteeH 50c 10% Dec 9 0k 23 Jan 20 20% 20% Am Pacific 18%N Jan 9 Jan 21 Jan 29
      507 words
    • Article
      RESULTS DUE
      506 24 Main Board Last Full Year Company Penod Date Year Net EPS Gross Net avmnced en** (cents) <K profit last year (S-000) EMS Final Nov 6 Jut 91 30TE 17.8781 Centr^wnt Interim Ian 25 lun 92 50 58 13 549 Khsnf Guan Interim Ian 31 Apr 92 40 619.2181
      506 words
    • Article
      COMPANY MEETINGS
      212 24 Singapore Press Hotdnp Ltd: 7th AGM at News Centre, 82 Gentmg Lane, Singapore 1334, on Saturday, Jan 18. at 11.30 am Malaysian Plantations Bhd: EGM at Anggerik Room, Equatorial Hotel. Jalan Sultan Ismail, ***** Kuala Lumpur, on Wednesday, ian 22, at 10am Amalgamated Steel Mk Bhd: EGM at
      212 words
    • Article
      SCRIPLESS CONVERSION
      117 24 Conversion Special Trdg Scripless Conversion (leadline Period Trading Com pan\ starts (IDP) (ST) 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 HMgs Sep 16 Oct 10 Sep 30 Oct 10
      117 words
    • Article
      RECORD HIGHS & LOWS
      212 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 Nfh: 1290 18 (16/1/92) 1992 M* 1529 05 (16/1/92) 1992 tow: 1232.84 (2/1/92) 1992 tow: 1479 35 2/1/92) 1991 lnh: *****8 3/6/91) 1991 h«h: 1565 58 (3/6/91) 1991 tow: 1022 52 (16/1/91) 1991 tow: 1149 08 (16/1/91) 1990 Ntfi: 1435
      212 words
    • Article
      APPROVED ISSUES
      174 24 Company Rights Issue Asa Pac Land Four for seven <a MJO 50 per share Ei-date Ian 3 Boohs dose Jan 17 Acceptance Payment NVA City Dev Renounceable issue on the basis of one lor ten 12 85 per share Ei-date Dec 9 Boohs dose Dec 19 Acceptance Payment
      174 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      367 24 In local curr In S$ In I SS S d> »t d> yr dy yr Jam IS Index chge chgc chge chge chge chge World 408 4 0.6 14.1 -0.1 7.1 -1.0 13.0 fEAFE 498.9 0.8 6.1 -0.7 -0.5 -1.5 5.0 Europe 428.4 1.5 17.5
      367 words
    • Article
      PROPOSED ISSUES
      527 24 Company Rights Issue Nbnce Tedt One tor-one SI 00 per share Baft or Issue of $90 978m nominal amount of 35% Redeemable Unsecured Guaranteed Bonds 1991/96 with 45*89m detachable warrants on the basts of $2 nominal amount of Bonds for every three eiisting shares hefd Every nominal amount
      527 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Stock prices advance on record volume
      2160 25 UPI THAI STOCK prices moved up 2.06 per cent in record trading yesterday. The Stock Exchange of Thailand (SET) index rose 15.34 points to close at 758.33. "Bullish sentiment governed the market today as most investors gained more confidence in which way the market
      UPI  -  2,160 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Volume rises on foreign buying
      1159 25 ACTIVE foreign buying encouraged Jakarta stock trading yesterday but profittaking kept some favourite shares under pressure. Total turnover rose to 3.63 million shares from under three million on Wednesday. The official index closed little changed at 249.81 from 250.14. Astra International closed 50 rupiah lower
      1,159 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      9 25 Don't miss Executive Jobs in Business Times every Saturday
      9 words
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      Page 25 Advertisements Column 2
      335 25 BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3608 This announcement appears as a matter of record only January 1992 (Incorporate) in ttw RapuMc 01 Singapore) RIGHTS ISSUE of 7,500,000 new ordinary shares of $1.00 each at $2.75 per share on the basis of one (1) new
      335 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close lower in choppy trade
      2580 26 Reuter STOCKS closed lower yesterday after a choppy session saw sharp early gains turn to losses. Arbitrage unwinding and selling linked to the weekly options exercise pulled prices down, while account closing ahead of the fiscal year-end kept domestic institutions side-lined, brokers said. The
      Reuter  -  2,580 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares end at third consecutive record high
      2632 26 Reuter THE LOCAL bourse yesterday hit its third closing high in a row, boosted by a buoyant Wall Street and hopes that Sino-US trade talks have reached agreement. The blue-chip Hang Seng Index advanced 29.48 points to close at 4,412.14, while the broader
      Reuter  -  2,632 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article
      Lock icon Talk of ballooning deficit dampens sentiment
      2401 27 Reuter THE SHARE market bounced over a thin range to defy predictions and closed slightly lower yesterday. The market lost ground in the afternoon as rumours hit all markets that the government's budget deficit had blown out to As 9 billion from the official
      Reuter  -  2,401 words
  • REGIONAL STOCK MARKETS
    • Seoul stocks end off highs after surging on rumours
      • Article
        SEOUL
        775 27 STOCKS gained more than 19 points before retreating to end yesterday only some six points higher as various ru- mours swept the market, brokers said. I "Unconfirmed rumours of a summit be- tween presidents of North and South Korea and lower oil prices triggered the buying spree," a Daishin
        775 words
      • Article
        TAIPEI
        478 27 BUOYED by expectations of a cut in domestic oil prices and rises in foreign markets, investors flooded into the market yesterday, pulling the index to a close above 5,000 points for the first time in five months, brokers said. Buying was very active throughout the session with only slight
        478 words
      • Article
        MANILA
        455 27 STRONG demand for blue chips drove the share index up to a new 25-month high yesterday and brokers said the market can absorb further buying until next week. The Manila Stock Exchange composite index rose 16.29 points to close at 1,276.79, the highest level since November 1989. Combined volume
        455 words
      • Article
        Lock icon NEW ZEALAND
        242 27 Reuter A 22-CENT rise in Fletcher Challenge shares helped the stock market to a notably higher close yesterday even though other leaders put in anaemic performances. Buying in Fletcher Challenge continued relentlessly through the day driven by overseas bargain-hunters picking up on its under-performance vis-a-vis foresters in the
        Reuter  -  242 words
      • Article
        INDICES & TURNOVER
        55 27 INDICES TURNOVER CVnc PicvImi NEW ZEALAND Jan 16 NZSE-40 Capital 1.517.77 1.503.70 14.07 Turnover (NZSmillion) 33.83 29.84 +399 MANILA Composite Index 1,276.79 1,260.50 16.29 Turnover (billion) 1.26 1.3 -0.04 TAIPEI Weighted Price Index 5,022.96 4.939.07 +83.89 Turnover (NTS billion) 49.3 48.7 +0.6 SEOUL Composite Stock Index 610.19 604.63 5.56 Turnover
        55 words
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  • WORLD STOCK MARKETS
    • US rally continues despite profit-taking
      • Article, Illustration
        NEW YORK
        1464 28 STOCKS in New York closed higher in very heavy trading on Wednesday after overcoming bouts of profit taking, pushing the Dow and other indicators to record territory for a second day in a row. The Dow Jones Industrial Average, which soared 60.60 points to a record 3,246.20 on
        1,464 words
      • Article, Illustration
        LONDON
        734 28 A NEW opinion poll giving the ruling Conservatives a one per cent lead over the opposition Labour Party boosted the pound and had a knock-on effect on shares in London on Wednesday. Although profit-taking and a dull opening on Wall Street trimmed gains, the recovery of the Conservatives after
        734 words
      • Article
        AMSTERDAM
        152 28 DUTCH shares powered 2 per cent higher yesterday, inspired to a broad rally by Wall Street's record high on Tuesday and sharp gains by the dollar. The EOE index added 5.58 points to 291.47, having been as high as 292.81. The close is the highest since Iraq invaded Kuwait
        152 words
      • Article
        FRANKFURT
        215 28 THE FRANKFURT stock market saw gains on Wednesday, with the DAX spot index up by 2.39 per cent to end the trading session at 1,667.50. The Commerzbank index rose above the 1,900 points mark to close at 1,900.8 against 1,859.40 the previous day. Positive sentiment on Wall Street, in
        215 words
      • Article
        PARIS
        302 28 THE PARIS bourse's CAC-40 blue chip index pushed upwards to end at its highest level since last October on Wednesday, propelled by avid buying, dealers said. The index closed 29.82 points higher at 1.873.62 with some four billion francs of shares traded, an unusually strong volume. It had opened
        302 words
      • Article
        ZURICH
        270 28 SWISS shares closed sharply higher in brisk trade on Wednesday. Dealers said Wall Street's record close, easing Swiss interest rates and the firm dollar brought a flood of buying orders into the market. The blue-chip SMI index rose 38.4 points to close at 1,772.8, just off the day's high.
        270 words
      • Article
        STOCKHOLM
        95 28 PRICES on the Stockholm bourse closed sharply higher in busy trade on Wednesday, inspired by Wall Street's advances to record high levels overnight and by falling domestic credit yields, dealers said. The bourse general index closed 1.56 per cent up at 964.40 in high turnover of 721 million crowns.
        95 words
      • Article
        MILAN
        175 28 ITALIAN shares closed the January account on a decidedly positive note on Wednesday, with the market gaining nearly 2 per cent as a whole in strong volume. The MIB all-share index closed 1.79 per cent up at 1,079. "Wall Street's gains overnight followed by those of European bourses brought
        175 words
      • Article
        JOHANNESBURG
        451 28 A BUOYANT Wall Street and a soaring London stock market once again spurred Johannesburg stocks to fresh peaks on Wednesday, dealers said. However, some warned that gains were being exaggerated by a continued shortage of scrip and a weak foreign investment currency, the financial rand. Volumes were moderate, they
        451 words
      • Article
        TORONTO
        303 28 TORONTO stocks closed sharply higher in heavy trade on Wednesday, but just short of a key resistance level of 3.660, dealers said. Toronto closed above its previous 52-week high of 3,600 for the second consecutive day. 1 adding to the market's confidence. "We've broken out of that resistance level
        303 words
      • Article
        INDICES & TURNOVER
        204 28 INDICES TURNOVER NEW YORK (low c "J i k Dow Jones S& P 500 Turnover (million) 3,258 50 3.246.20 12.30 420.77 420.44 -0.33 312.81 265.9 +46.91 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.940.6 2.537.1 667.4 1.905 2 +30.2 2.516 3 +20 8 517.6 +149.8 FRANKFURT DAX Index 1.667.50
        204 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Dollar suffers with rumours of possible G7 intervention
      1166 29 REPORTS Reuter ASIA lokyo: The dollar came back from morning lows yesterday on a round of short-covering after it met strong support lines at around 127.80 yen and 1.6150 marks, but it was still lower in late Asia than New York closes
      Reuter  -  1,166 words
    • Article
      INTERBANK FOREX RATES
      381 29 Cross rates Jan 16 USS SS MS Dm Yen SFr AS NZS USS 1.6470 2.7160 1.6210 128.20 0.5688 1.4410 I 3405 1.8484 SS 0.6072 1.6491 0.9842 77.8385 0.3454 0.8749 0.8139 1.1223 MS 0.3682 0.61 0.5968 47.2018 0.2094 0.5306 0.4936 0.6806 Dm 0.6169 1.0160 1.6755 79 09 0.3509
      381 words
    • Article
      MONEY MARKET
      539 29 Interbank rates ss Bid Offer Overnight 3 1/2 3 3/4 1-month 3 3 1/8 2-month 3 3 1/8 3-month 3 3 1/8 Overnight mode: 3-1/2 ISS Bid Offer 7 days 4 3/16 4 5/16 1 month 4 3/16 4 5/16 2 months 4 3/16 4 5/16 3 months
      539 words
    • Article
      Lock icon Russia may ditch rouble unless others toe its line
      444 29 Reuter MOSCOW Russian President Boris Yeltsin said on Wednesday that Russia may have to abandon the battered rouble unless other republics toe its monetary line. In comments which opened the first chink in Russia's armour for the rouble, he told shoppers
      Reuter  -  444 words
    • Article
      Lock icon Germany may expand T-bill market
      333 29 Reuter FRANKFURT The cashstrapped German government, still looking for ways to pay for German unification, is considering the possibility of US-style Treasury bill auctions as a means of raising additional funds. A finance ministry official said last week discussions about issues of paper with maturities
      Reuter  -  333 words
    • Article
      FINANCIAL FUTURES
      934 29 SIMEX mmmum Open High Low Sett Est Vol Op/lnt Vol Mar 92 95.72 95.76 95.68 95.72 ***** ***** 66l6 Jun 92 95.50 95.53 95.46 95.49 ***** ***** 9393 Sep 92 95.15 95.18 95.10 95.14 8000 8974 8205 Dec 92 94.57 94.58 94.51 94.54 2492 2565 2804 Mar 93
      934 words
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  • COMMODITIES
    • Article
      Lock icon LME to seek views on secondary aluminium contract
      375 30 Reuter LONDON The London Metal Exchange (LME) is to seek feedback from the secondary aluminium industry over its proposed new contract, sources said. At Wednesday's regular LME board meeting, secondary aluminium was on the agenda and the sub-commit-tee set up to study
      Reuter  -  375 words
    • Article
      Lock icon Rubber producer group to review dormant pact
      317 30 Reuter KUALA LUMPUR Major rubber growing nations will meet in Thailand this weekend to review a dormant producers' pact and refine it to reflect changing market conditions, delegates said on Wednesday. They said the International Natural Rubber Council (INRC) wants to reach an
      Reuter  -  317 words
    • Article
      Lock icon S'pore rubber closes lower on profit-taking
      787 30 REPORTS Reuter RUBBER prices closed lower on sporadic profit-taking in thin trading yesterday, dealers said. Dealers said RSS-1 prices held steady during morning trade following steady kerb levels and currency-related gains on the Japanese rubber markets. But they fell in the afternoon when light
      Reuter  -  787 words
  • Article
    PRICES
    1474 30 Rubber Jan 16 m (W la Mm) S cents/kg Noon Close Int I RSS Prompt 129.50/130 50N 128.50/129 50N Int I RSS Feb 92 130 00/130.50 129.00/129.50 Int I RSS Mar 131.25/131.75 130 50/131.00 Int 2 RSS OP 128.00/129.00N 127.50/I28.50N Inl 3 RSS OP 125.00/126.00N 124.50/125 50N Int 4
    1,474 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1319 30 _B__y_S INESS TIMES ToM-tr— 1W No: 737-0048 Fax No: 734 3006 UNITED INDUSTRIAL CORPORATION LTD (IncapoaM in the Republic of Singapore) LOST SHARE CERTIRCATE ApfAalnn he ban mad* to the Directors ol the abcwenamed company to issue dupiak stars csrttesk in place odwWkxring share cartilcal® which fare been reported lost
      1,319 words
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      Page 30 Advertisements Column 2
      6 30 Executive Jobs every Saturday in BT
      6 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1248 31 C*y FVgM ETA regkt CTD DtaM GA970 0100 GA976 0135 GA890 2205 Qf81 2010 QF82 2115 RJ182 1440 RJ183 2320 A—Mrtoi KL837 1340 SQ24 0115 SQ23 1815 KL838 2325 SQ36 2230 NZ35 1530 SQ285 2130 SQ286 2035 NZ36 2305 BA12 2155 Gf 149 0450 Um4ar imi
    1,248 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Re-birth of tourism industry
      598 31  -  LETTER FROM LONDON By Eva Ahlberg A YEAR after Desert Storm, the scars of the Gulf War are beginning to fade in the world's tourism industry and people, not missiles, are flying again. Tour operators from Tokyo to New York say visitors are slowly returning to
      598 words
    • Article
      MONEY CHANGER RATES
      151 31 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2223 1.2390 Canadian dollar 1.4100 1.4390 NZ dollar 0.8810 0.9170 Sterling pound 2.8827 2.9220 US dollar 1.6410 1.6500 Local dollars to 100 units of foreign currency Austrian schilling 14.15 14.46
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      74 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td F <*, 13 18 International Valencia Feria Muejlrano ********** Feb 16-18 Automative Wembley MGB Exhibitions 0892-*****3 1992 Toy Fair Spain International 199 2 Aftermarket Exhibition Clr Lid De Valencia Exhibition London F^, 14 23 ,n,crn ,,ona, Turin,
      74 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      41 31 Discover the lengths Frnnair 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 aurt to Finnish.
      41 words
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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
      38 31 Remember him? He was born Cassius Clay They called him the Louisville Lip He called himself The Greatest A Muhammad Ali turns jßky. 50 today, slowed down by Parkinson's Syndrome. '■R%s A tribute to the ''ik. v 11
      38 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      343 31 ACROSS R f r~~B —I —E —I —X —I —js ——HE 1 Settled for a period inside LhJ——Lr-*^ 9 Give way love a pudding W I 1 I I I I WW 10 A point admitted by per- sons confused state elderly persons HHBHi 11 The artist will mount one
      343 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      159 31 Singapore Outlook: Windy with occasional showers. Report; Maximum temperature 29.2 Assoc humidity 72% Minimum temperature 22.1 Assoc humidity 100% Hours of sunshine 1.05 Rainfall in mm 37.8 Rainfall this month 45.4 Rainy days this month 5 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 24/18 Cloudy Bangkok 32/19 Sunny Beijing -2/-11 Sunny
      159 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      31 31 T|4£ Fißst t've GOOD&Ve, OLD FI?I£ND TUPiT'S *T. Ty\£, LAST eveß KePT f\Dhy BY in my Dip,e.y,. Recoßo from jPiNUftRy To DeC€Mft£f? r vn Qu\Te PROUDy OF mmmmmmmmmmmtm —L- «S9' Mt.
      31 words
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  • Article, Illustration
    Post-Soviet era holds promise for region: BG Yeo
    700 32  -  Continued US involvement seen as crucial By Shoeb Kagda SINGAPORE With the collapse of the Soviet Union and the restructuring of the global economic landscape, the major external factors appear favourable to South-east Asia for the forseeable future, said Brigadier-General George Yeo
    700 words
  • Article
    Lock icon Shamir may have to call early polls
    159 32 Reuter JERUSALEM Far rightwing parties bent on sabotaging Middle East peace talks decided to quit Prime Minister Yitzhak Shamir's coalition government yesterday, pushing Israel towards a possible early general election. But the impending collapse of the most hiud-line government in Israeli history was
    Reuter  -  159 words
  • Article
    Lock icon Miyazawa apologises to Koreans
    473 32 UPI SEOUL Japanese Prime Minister Kiichi Miyazawa, on a three-day visit to Seoul, apologised to the Korean people yesterday for wrongdoings committed by Japan during its colonial rule of Korea which ended at the end of World War II in 1945. In a speech at a
    UPI  -  473 words
  • Article
    Lock icon Russian economic reform plan being sabotaged: Yeltsin
    264 32 AFP MOSCOW Russian President Boris Yeltsin said yesterday his government's efforts to create a free market economy are being "sabotaged" and called for tougher measures to destroy state monopolies and boost production. "Reform is happening at a slow pace," he said, adding that
    AFP  -  264 words
  • Article
    Lock icon Dead Japanese MP named in ruling party graft scandal
    287 32 Reuter TOKYO Japanese media named a fourth ruling party politician as a recipient of shady money from a property developer yesterday in a rapidly spreading scandal engulfing Premier Kiichi Miyazawa. An aide to a late Member of Parliament, Kazuki Motomura, said
    Reuter  -  287 words
  • Article
    Lock icon Ousted President declares civil war in Georgia
    439 32 Reuter MOSCOW Ousted Georgian President Zviad Gamsakhurdia declared civil war against Georgia's new military rulers at a rally of supporters yesterday after returning to his homeland from a brief exile, the Tass news agency reported. Tass based its report on remarks by Tengiz
    Reuter  -  439 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      75 32 The World's Finest Photographic System Nikon Price Specials See SBC Text Ch. 8 Pg. 188 (3 pages) CMS BRANDED CRYSTALS CARPETS PERSIAN CARPETS PORCELAIN FIGURINES. LONDON TEA, STATIONERY, JIGSAW PUZZLES MANY MORE DISCOUNT FROM 50% 90% CASH SALES ONLY 60A Martin Road #01-03 Central Merchandise Distribution Centre Singapore 0923 {formerly
      75 words
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      Page 32 Advertisements Column 2
      160 32 Ths World's Finest Photographic System Nikon Pries Spscials Sss SBC Tsxt Ch. 8 Pg. 188 (3 psgss) e Power struggle threatening reform: US adviser, Pg 9 The rare perfection of Patek Philippe at The Hour Glass. Choosing a timepiece should quisite features that hallmark be a relaxed and comfortable each
      160 words
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  • Shipping Times
    • Article, Illustration
      NOL to give up stake in CWT Distribution
      385 33  -  Subsidiary's districentre starting operations next January B* Selva Kumar SINGAPORE Neptune Orient Lines plans to give up its stake in CWT Distribution as, by next year, it will have its own warehouse and distribution centre through wholly-owned subsidiary Orient Container and Warehousing
      385 words
    • Article
      Lock icon Changes seen at Canada's airlines
      506 33 Reuter OTTAWA The Canadian government will have some tough decisions to make if any of the rumours circulating in the investment community about the future of the country's two international airline carriers eventually proves true, analysts said. Airline analysts and the domestic media have been
      Reuter  -  506 words
    • Article
      INDEX TO ADVERTISERS
      1215 33 Pate Col ABC Containerize 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3-5 A.P.C. Lines 13 5 A cWare housing 15 5 Arrow Int 9 4 Asian Break-Bulk 16 5 ASXCLShpc 15 2
      1,215 words
    • Article
      Dragonair buys 2.5pc share in Abacus
      430 33  -  By Rahita Elias SINGAPORE A Hongkong second carrier Dragonair has taken up a 2Vi per cent equity stake in Abacus Distribution Services, becoming the ninth partner in the Singapore-based airline computerised reservations system (CRS). Explaining the carrier's decision, Simon Heale, Dragonair's director and chief
      430 words
    • Article
      Lock icon UK may ban flag-of-convenience ships
      229 33 AFP LONDON British Transport Secretary Malcolm Rifkind said on Wednesday that the government might deny access to British ports to ships if registered with countries which demand lower safety standards. "We might seek to agree with like-minded countries that vessels should be denied access to
      AFP  -  229 words
    • NEWS SUMMARY
      • Article
        Sea change planned at Lloyd's of London
        75 33 A TASK FORCE set up last year to plot a course for the troubled Lloyd's of London insurance market recommended on Wednesday the most sweeping changes in the market's 303-year history. Chief among them was the proposal that Lloyd's should limit investors' losses
        75 words
      • Article
        AMR 4th quarter loss down 42pc
        47 33 AMR CORP, parent of American Airlines, on Wednesday reported a net loss of U*****.9 million (*****.9 million) for the fourth quarter. But the figure was a significant improvement over the U*****.1 million loss for the quarter a year earlier Back Page
        47 words
      • Article
        Europe car makers fear Japan-US pact
        37 33 THE European Community fears that Japan's agreement to import more cars and car parts from the US will discriminate against EC automakers, an EC commission spokesman said on Wednesday Back Page
        37 words
      • Article
        Talks between AT&T and C&W fail
        40 33 THE PROSPECTS of a global alliance between AT&T and Cable Wireless have receded following the failure of negotiators from the US and UK telecommunications groups to make progress in talks last week Back Page
        40 words
    • LOG BOOK
      • Article
        Norway officials check Panama ship
        61 34 LONDON Norwegian maritime directorate inspectors yesterday boarded the Panamanian vessel Silver Cloud on arrival at Narvik, Lloyd's Shipping Intelligence Service said. Their action followed reports that the 155,450-dwt vessel had damaged ballast tanks and a missing anchor. Narvik dockers stopped loading the vessel, reportedly in
        61 words
      • Article
        Malta vessel in Sweden after Norway inspection
        75 34 LONDON The Malta-registered ship Marsa arrived at Norrkoping, Sweden, after a hull inspection at Haugesund, Norway, found no damage, Lloyd's Shipping Intelligence Service said. The 8,001-dwt vessel was towed to Haugesund after the crew abandoned ship off Norway on Dec 23, when machinery
        75 words
      • Article
        More HK-Ho Chi Minh flights
        61 34 HONGKONG Hongkong-based Cathay Pacific Airways Ltd and Vietnam Airlines announced on Wednesday that they have received government approval to double their weekly round-trip flights between this British colony and Ho Chi Minh City to four, effective yesterday. The two airlines, which began flying the route
        61 words
      • Article
        UK ship in Atlantic to be towed
        66 34 LONDON The refrigerated British vessel Geestbay. adrift in mid-Atlantic, is to be towed to a port of refuge, Lloyd's Shipping Intelligence Service said. The 9,970-dwt vessel was unable to start its main engine after an earlier fire damaged electrical cables. All 49 people
        66 words
      • Article
        Yugoslav ship to Azores for repairs
        53 34 LONDON The Yugoslav vessel Zlarin is to be towed by tug to Ponta Delgada in the Azores for repairs, Lloyd's Shipping Intelligence Service said. The 9,246-dwt vessel, which reported a main engine breakdown near Flores island, is expected to reach Ponta Delgada on or
        53 words
      • Article
        Oil from grounded ship removed
        86 34 LONDON An attempt was made on Wednesday to remove remaining fuel oil from the Panamanian ore carrier Arisan, aground south of Aalesund, Norway, Lloyd's Shipping Intelligence Service said. An underwater inspection will also be carried out. By Tuesday, about 50 of the vessel's 520 tonnes
        86 words
      • Article
        Sullom Voe loadings normal now
        39 34 LONDON Loadings of North Sea Brent Blend crude at the Sullom Voe terminal in the Shetland Islands are back to normal after berthings were suspended on Tuesday due to high winds, port officials said.
        39 words
    • Article, Illustration
      Lock icon Sea change planned at Lloyd's
      845 34  -  A task force has made revolutionary recommendations for Lloyd's of London. Erik Ipsen reports Erik Ipsen IHT A TASK FORCE set up last year to plot a course for the troubled Lloyd's of London insurance market recommended on Wednesday the most sweeping changes in the
      IHT  -  845 words
    • Article
      DAILY FREIGHTS
      862 34 FREIGHT market sentiment on Wednesday was boosted as the Baltic Freight Index rose again, after passing the important 1,500 mark on Tuesday, brokers said. All panamax routes were marked higher but capesize trips were steady to lower in an overall 13-point BFI rise to 1,521. The US Gulf/Japan
      862 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      544 34 c *t>°n Carbon P—'*! twifrt hk hkmimm Tiiwirt Density Water Residue Ash Aluminium Sedment M/M 7 M/M Enon Exxon k G/M*3 V/V M/M M/M PPM method KG/M*3 V/V M/M M/M PPM method ISO/Cimac limits Spec E25 991 1.0 15.0 0.10 30* 0 10* Spec G35 991
      544 words
    • Article
      THE SHIPPING GUIDE
      5488 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 pubJ lished for a
      5,488 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        633 49 Ve*sel Voy No Berth Vnvai Departure Vessel Voy No Berth Arrival Departure Marina Terminal 1 Batam Murm *****2 M04 alongside 1601/2300 Batam Sayang *****2 M04 alongside 17 01/2300 Ranger 08/ S02 17 01/1330 1901/0600 San Juan 38EB SO? 1601/1930 1901/0700 Vienna wood N NB 144 S01 1601/1000
        633 words
      • Article
        IN MALAYSIAN PORTS
        143 49 Jo tore Port Berth: 1: ml; 2: Glory Seiatan VI; 3: ml; 4: Tern; 5: Kaveri; 6: Bunga Mas, Bunga Kemuntng. 01 jftty: Magic Lady. DC): Kyoei Maru No 1. Dim on Jan 16: Hamakaze. Reina, Global Uranus. Soon Hoe, Zamarr Baru No 2, Johan 11. ft*
        143 words
      • Article
        CONTAINER SCHEDULE
        915 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rsfts Ship Voy No Etb/Btr Period From To From ACX Uly 196 17/1900 1 16/1500 16/1659 16/1900 2 16/1700 17/0659 17/0900 ACX Violet 3A 17/2000 1 16/1500 16/1659 16/1900 2 16/1700 17/0659 17/0900 Aka Bhum 126S 18/2300 3
        915 words
    • Article
      Lock icon AMR 4th quarter loss down 42pc from last year
      248 50 NYT NEW YORK AMR Corp, parent of American Airlines, on Wednesday reported a net loss of U*****.9 million (*****.9 million) for the fourth quarter. But the figure was a significant improvement over the U*****.1 million loss for the quarter a year
      NYT  -  248 words
    • Article
      Lock icon Europe car makers fear Japan-US pact
      379 50 IHT BRUSSELS The European Community fears that Japan's agreement to import more cars and car parts from the US will discriminate against EC automakers, an EC commission spokesman said on Wednesday. "We have the impression that certain elements in the agreement might be discriminatory
      IHT  -  379 words
    • Article
      Lock icon Talks between AT&T and C&W fail
      451 50 FT LONDON The prospects of a global alliance between AT&T and Cable Wireless have receded following the failure of negotiators from the US and UK telecommunications groups to make progress in talks last week. But executives remain hopeful that a deal at least involving
      FT  -  451 words
  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      8 33 For advertising enquiries, contact Shipping Times lei 74(*****/740-2090
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      Page 33 Advertisements Column 2
      210 33 Some Reasons For THE STRAITS TIMES WEEKLY OVERSEAS EDITION You've posted a manager to head your Tokyo office. The Straits Times Weekly Overseas keeps him posted. For other reasons, send in your subscription now. The StraitsTLmeß Making an issue of the major issues I j I N "r e AIRMAIL
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      Page 33 Advertisements Column 3
      39 33 Yourson is studying overseas. And you want him close to home -wtth news from home. To your principals and business associates overseas, it's assuring that Singapore is great for business. The Straits Times Weekly Is like a country report
      39 words
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      Page 33 Advertisements Column 4
      98 33 the jjfr FAMOUS sim/mmk ■SMIIIJI* 224 1833 For more information please refer to Pg. 13 Contanet Schedule 17 Dwty Frojhb 2 Mei to Advertiser* 1 Slwi Gude 10,11 Shju m Port 17 Singapore Tides 17 Transport Diary 3 Vertas Report 2 Weather and Sea Comfcbons 17 Someone close has beenlving
      98 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      65 34 NOTICE NOTICE M V PRINCESS Voy. 33 Arr'd Singapore 10/1/92. Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a general survey will be held on the 20th January 1992 (Monday). Pasir Panjang at PT9 0900-1 200 hours. No further survey will be entertained thereafter. Agents:
      65 words
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      Page 34 Advertisements Column 2
      6 34 Read Chartpoint in BT every Saturday
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      2578 35 mm OOCL (8) PTE LTD JAROINE SHIPPING AGENCKB *****11 *****09 \lllJsr BOOKINGS TEL *****234 *****58 ■MUM M TERMINAL/CPS TEL: *****218 220 P***** H PESAKA JAROINE SHIPPING AGENCIES SON. BHO. L WtiOQf J PORT KELANG TEL: *****18 FAX *****91 *****88 r>. r— PENANG TEL: *****4 FAX: *****1 CFS TEL *****6 Dedicated
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      3492 35 anmMa TWO SAILINGS TO USA MADISON MAERSK V 9202 ETA SIN 22/1/92 AXEL MAERSK V 9202 ETA SIN 20/1/92 Vnsal Voy ETA j ETC Feeder by DESTINATIONS Johanna to TIMt waak Mao no" Mtw* 9202 111 ignTWTIM CY 22/1 0500 HRS CFS 21/1 2100 HRS Kalang Panang OAK LGB HOU
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      1436 36 ROTTEDAM/f VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE KAGA 22/102 18/1 9/2 6/2 5/2 HHHK L)m2^ ER EXPRESS 06/302 21/1 5/2 7/2 10/2 11/2 iMd' KURAMA 14/103 23/1 15/2 11/2 10/2 HSaeßff FRANKFURT EXPRESS 60/303 26/1 12/2 14/2 17/2 18/2 1- AU NEBTBOUND 1 I#/,04 30/1 22/2 18/2
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      723 36 SEABPAC SERVICE OtECT SOUTH PACHC SERVICE SIN NOU SUV PPT LJ BONTANG 3106 EB 27-29/01 11/02 14/02 19/02 IMPERIAL 3202 EB 23-20/02 12/03 15/03 20/03 Transit Time (13) (16) (22) ALSO ACCEPTMG CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA. NUKUALOFA, P. VHA FASTEST SERVICE TO CW.E/PERU SIN 100 ANF
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      1528 36 E>*wm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE WL/VOY SM AIG BCI HAM BRf ROT AHT FEL LNA (VIA (MA (MA ALG) HAM) ROT) NORASIA AL MANSOORAH 9145-3 21/01 12/02 14/02 17/02 19/02 11/02 20/02 IS/02 20/02 SI FREEDOM 146W 27/01 17/02 19/02 22/02 24/02 23/02 25/02 24/02 25/02
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      1969 37 H STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa#: *****17 "am wis spore bkok urn* unic u. ck t PEGASUS PROGRESS V.701N 21-22 lAN 25 26 J»H STRAITS HOPE VOIE Muwa. Stun. Taw In Port It lan imtcmitv u IC7M ia ia
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      Page 37 Advertisements Column 2
      2302 37 SINGAPORE AGENT: vW. oZ |lA|*C p&0 Containers (Singapore Agencies) Pte Ltd M M M 15 Hoe Chiang Road #08-02 to 06 Sanford Building, Singapore 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax 225 5327/222 7517 CR Number **********0Z EXPORT IMPORT VESSEL VO* pSSa *WCO SIN ALO SOU ANT HOT
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      461 38 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 23/1 25/1 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subfact to lnduc«m«nt. Also accepting cargo to Caaablanca. Poet Said, Port Alexandria, Genoa, Triaat*. ALSO ACCEPTMG BOTH
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      Page 38 Advertisements Column 2
      1355 38 HANJIN SHIPPING R* WL I Sm I LME HAUL I (SB OA* FOR VS. SM |UK HAUL SAV LM NTC HMUM OAKLAND Oltf 18/1 DKCT 10/? 13/2 HANJM KUBAN 0701 20/1 H SAVAMMH 030E 27/2 21/2 1/3 HMUM LONGBEACH 03« 25 1 DKCT 16/2 19/2 FISHGUARD MT 108N 27/1 M.
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      Page 38 Advertisements Column 3
      1123 38 d-1 rl ■T3"3"^"^k I in»iMisß(w«TisniKnoaiaBH muntMuiifWPiiaaiii v I 1 a T 0/1 3/1 M/ 1 ~/l V* v? t/2 7/2 1/2 11/2 21/2 «/l 1/3 17/3 IS/3 19/3 21/3 22/3 1/4 11/4 IS/4 lt/« I E GnrriT *4« 21/1 1/2 2/2 7/2 U/2 11/2 13/2 14/2 IV2 17/2 21/2 11/3
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      1964 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 mm UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 I NEPLINE SDN BHD MALAYSIA
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      Page 39 Advertisements Column 2
      989 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****8 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOfC—DCSCHMfiHG WESTBOUC -LOAONG TMWSWPCD WA ROTTCTDMI mat tot |1 |»U MM WT |mi K
      989 words
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      1166 40 K X AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) V W my rn TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 |\l M MALAYSIA: "K" UNEMARITIME (MALAYSIA) SDN BHD 1 .M. Hh. Mm* JL X JL# TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 HMR KAWASAKI KISEN KAISHA,
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      Page 40 Advertisements Column 2
      158 40 Continental Pacific SfMpptttj/ j TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU STOKE PK LOAOM6 Ft* PEGASUS M 3d WT/AWT/FIU/UK/BfIFAST WOtlD AttS SM SJd Std SETI/WT/AKT/FIU/l* PtTALOUDA Sid SM 25/1 Sfn/WT/«m/FIU/W( CAILIAM S 25/1 C/ 2 10/2 SETI/tOT/AHT/FIU/l* Lot* Stbjh/lndontsi MULTIPORT AGENCIES (S) .PTE. LTD. TEL: *****77 FAX: *****31 P.K. MULTIPORT BDN
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      Page 40 Advertisements Column 3
      279 40 "TT FOONG SUN SHIPPING (PTE) LTD. KHOLESALE CENTK. BLOCK 1. #03 10 SMGAPOKE Mil TEL: *****55 (12 LMES) fax ocs-777T«is telex is aiw fssht VESSEL *07 OA ETC DESTfWTPW GULF KHALD 1/92 19/1 21/1 lAKARTA/PADAN6 GULF SULTAN 1/92 23/1 25/1 JAXARTA/PADANG GULF KHALD 2/92 30/1 31/1 lAKARTA/PAOANG GULF SULTAN 7/92
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      Page 40 Advertisements Column 4
      1201 40 PHIU-ORI€NT LINGS PTC LTD 4s--108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 QgO BY AIR, LAND OR SEA.... JfflSr WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTWtAUAfIICW ZEALAM)/SOUTH P*CmC v FCULCL S&tYKX 22 JAN SYDNEY MELBOURNE,
      1,201 words
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      1110 41 PACIFIC INTERNATIONAL LINES (PTE) LTD S V Jv iki P, L Building, 140 Cecil Street #03-00, Singapore 0106. CR NO: **********0E [JAKARTA ~~l [BANGKOK 1 VESSEL VOY SIN JKT SIN VESSEL VO* SIN BKK SIN BUNGA TERATAI 033 It/1 21/1 2S/1 KOTA BURIA KSR2O3 It/1 22/1 28/1 KOTA SABAS 041
      1,110 words
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      853 41 Eacßen9 F CLASS CONBMR TRANSPORT FEEDER VESSEL PENANG~ P KELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4| ANSON/TBN 17/1 18/J NIHQN 2022 23/J 9/2 11/2 12/2 M/2~ ANSON/TBN 24/J 25/1 BENARTY 2032 26/1 14/2 16/2 17/2 ii/T" ANSON'TBN 31/J 1/2 ALSJA 2042 4/2 21/2 23/2 2V2
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      Page 41 Advertisements Column 3
      474 41 m JEN ASIA CONTAINER SERVICE I Sport B'k«t Infenuty VIS7N II Jan 21 Jan Ptfisus Proprij V7OIN 21 Jan 24 Jan Infenurty VI6IN 24 Jan 27 Jan Ptfatus Propeti V7O2N 21 Jan 31 Jan Gtntral Agents: TH: *****22 Ben Lint Agencies (S) Pte Ltd Fax: *****63 BINTAN6 MAS SHIPPIN6 PTE.
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      Page 41 Advertisements Column 4
      490 41 F MYANMA pßtfk nVE STAR UNE V\ (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIf Pen P Gdj MtRGUI VlllW In Pt 21/23 J»n LOmAW VISIW In P« PAGAN VI7SW 11/21 lan PAGAN VI79W 12/14 Feb HPA-AN VI73W »/10 Feb THE BANK UNE (A service of Andrew Weir
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      636 42 I SPECIALIST IN RO-RO HEAVY LIFTS I I IN BOUND VESSHS I I W ABC I I MAKE MM 21 23/1 15/1 -I I w 25/1 21/1 I I Si.. M 21/1 21/1 I 21 1 21/1 I I A SMI TtAMI 15 21/1 31/1 I I OUTBOUND VESSELS I
      636 words
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      Page 42 Advertisements Column 2
      78 42 I MPS S J° rt ,an Loading f o f I I*° 24/1 >7/, Wm/Atw/UK/Nantes I I (S pore Loading for I GLOBAL STAR 20/1 Jeddah/Aqaba I SPARKLE SUN 20/1 Duba./Dammam/Kuwa.t I tf S pore Loadm^o^^^^^^^^^H IPAN IIBEIW Los Angetes New Orleans/ J pam cvoocc Charleston/Norfolh/Camden I PAN EXPRESS los
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      Page 42 Advertisements Column 3
      68 42 «h Wi.\ I I >y.| J M BEIJING CHANGCHUN I GUIUN HARBIN SHENYANG SHENZHEN OQ /SHENZHIN SHIPPING Tel; 227 4788 Fax: 227 2Q83 EUBOPE/S.EJL BBEAKBIILK SEBVICE mmm vessel KtUKIANG CAREER IJMUDEN 10-14/1 ANTWERP 16-19/1 TO PORT KELANG SINGAPORE KAOHSWNG AND OTHER F. EAST PORTS. TBN ANTWERP 03-07/2/92 TO PORT KELANG,
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      1014 43 NEDLLOYD GIVES YOU DUBAI DIRECT VESSEL Jkt P.K( *Pen *6kk Sin S'baya Auckland Fiji(A) NPlymouth(A) Timaru Lyttdton(B) Ounedin(B) Napier Wefcijlon(C) Tauranfa N Rouen/*****# 13/1 16/1 15/1 15/1 18/1 21/1 3/2 19/2 5/2 6/2 8/2 8/2 8/2 9/2 10/2 N Rochester/2101Sfe 25/1 27/1 26/1 26/1 29/1 14/2 1/3 16/2 18/2 18/2
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      788 44 TO AUSTRALIA/NEW ZEALAND a s« FfW KWb s»d Mi Ink |r CHMM MiTWmN 215 1/2 9/2 14/2 11/2 2«/2 2t/2 HMTHA ?»6 2772 V 3 »/3 12/3 Ti73 2071 EIICN t«WC 9/3 1//J 21/3 25/3 jT/3 JJi MUSSfI 2U J/« 12/4 It 4 19/4 25/4 21/4 TO USA/CANADA ni S*>|G««
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      856 44 I OUTBOUND VOY PKL PEN IKT ISWj MM HK6 RAO KEE TYO SMZ NCO HOB II VESSEL VOY |SIN |PKL PEN HW SW C. MERCURY 41 22 1 261 AC I RUBY 39A 19 1 Ml 221 211 24 1 »C» VIOLET 38 "20 1 "22 1 21 1 23
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      Page 44 Advertisements Column 3
      263 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD u« cn eta SPOM POST KELANG PENAAG BIUC MUX 30/1 27/1 Loading >c Malt RUVM HUM) 30/1 loadinf tor Calcutta OOLPHN Sailed Loading for Male rocu SUPtEA* H I loading For Male DONAH Ul Ml 31/1 Loaded for Fetnuwu PtOGWSS IKKTY 10/2
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      Page 44 Advertisements Column 4
      1589 44 *5? CHINA OCEAN SHIPPING COMPANY FULL CONTAINKR LINKR SKRVICE m 2r S r2iA T n cmippinp chn pun SINGAPORE'S GENERAL AGENTS agents M COSTAR SHIPPING PTE LTD PXOOB«FWRA f KLANG -TU *****06 BTU: MA »503 TEL: *****00/*****33 INDONESIA MARITIME PENANG TEL 620M1 HI MA ***** TELEX: RS 2H30/1 COSHP *T
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      601 45 (<t FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S'PORE 0207 HOT LINE: *****33 24 LINES) LIMASSOL/PIREAUS 1971 ROTTERDAM 19/1 HAIFA/ASHOOD/ALEXANDRIA 19/1 HAMBURG/BREMEN 19/1 MARSEILLE/FRANCE 1971 FELIXSTOWE/UK 1971" BARCELONA/SPAIN W7l LEHAVRE/ANTWERP 19/1 GENOA/ITALY 1971 GOTHENBURG/SCANDINAVIA 197T LOS ANGELES/WC/IPI 19/1 SYDNEY/MELBOURNE 21/1 NEW YORK/EC 19/1 FREMAWTLE 23/1 VANCOUVER 19/1 BRISBANE/ADELAIDE
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      Page 45 Advertisements Column 2
      976 45 M) RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Udm) m FAX: *****15/*****03 itrf] TELEX: R8 ***** RtSHIP (3 LIOM) |\¥A ETHIOPIAN SMPMNG LIMES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL vessel Ivoy eta loading for SPORE ABBAY WOHZ 31WB IS/02 OARESSALAAM. MOMBASA DJIBOUTI ASSAB MASSAWA ANOINCT
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      843 45 i JAKARTA BANGKOK iw. m m m Itwwa m mmm T mmmm AKA BHUM Ija 10/01 21/01 SI BHUM WW to Pt 17/01 Tm A mn bhum ws 2? oi oi thaw* mm osw wi 19/01 w«d 22/01 AKA BHUM 127S 25/01 20/01 NAWTA BHUM 7411 Man 20/01 Thw 23/01
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      1170 46 I S'PORE S3K3T I (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 j P-KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 S|N 18/1 .0/1 Colombo 23/1 24/1 25/1 q/i 2/i sw, Ldn/Rx/Rdm/Ant Durban/Pt Louis 23/1 24/1 25/1 19/1 20/1 21/1 Gotfwnburi/Stockhobn/Oslo 16/1 18/1
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      Page 46 Advertisements Column 2
      394 46 HHVIIM/'biLVHISHHI jfrgfc blue star line TO FROM MEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPL AKL LTT sm PREMIER 16S 27/1 1/2 WW NPt 10/2 27/2 MULBERA 2M 7/2 U/2 VIA N* 21/2 9/3 MAHSURI 0514 19/2 2/3 YIA NPt. 4/3 21/3 FULLY CONTAINERISED
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      Page 46 Advertisements Column 3
      1056 46 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAO #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****68 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/COWTAIIMH I COMTAIMgB gmiCti SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL Ivor |ETA IICST VESSEL jgf SPHE P. lOJUK
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      827 47 COMPANIA PERUANA DE VAPORES T** "PERUVIAN STATE LINE" ACCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARAM, 10* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH B&L OF LADING. ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBUIK/SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA, MOD. TOKYO*. OTHER JAPAN PORTS*. MANILA*. DAVAO*, OTHER PHUFfINES
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      Page 47 Advertisements Column 2
      451 47 iczaZ I Ml2sf N.AMERICA/CARRIBEAN SERVICES VESSEL [WT |SW hIANRWR ||A« IKST |SAV [NYC m MIBOUtK 714f 25/1 M PUSAN 25/2 5/3 9/3 11/3 13/3 m tokto m 2/2 m iapan u 11/3 19/3 23/3 an 27/3 M RAOHSIUNG 1321 5/2 M lAPAN 10/3 19/3 23/3 25/3 27/3 A<c«pt«f carp I*
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      Page 47 Advertisements Column 3
      496 47 1 psT MULTI-MODE SHIPPING PTE LTD I ■fWrwvinTfiwmTn I ,iri ,w,li,,n MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL CXJBAI OAMMAN SHARIAH DOHA MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS If DO AM FAR EAST ACCEPTING FCL/LCL PfNANC P/HEIANC lAKARTA. BANGKOK HONG KONG FAIWAN lAPAN MAN*. A KORl* UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE LEEDS. TILBURY
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      Page 47 Advertisements Column 4
      489 47 PERINTIS LINE j WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA VESSEL VOY SIN JKT DASA ENAM 911 22/01 25/01 DERAJAT 972 21/01 24/01 DASA ENAM 912 29/01 01/02 PELOPOR 1023 18/01 22/01 General Agents ASIA PERINTIS LINES PTE LTD 19. Keppel Rd #05-02 Jit Poh Bldg
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      Page 47 Advertisements Column 5
      465 47 SM fit EAST 21/1 KEELUNG/KAOHSIUNG 19/1 BANGKOK 19/1 MANILA/CEBU 21/1 JAKARTA/BELAWAN/SURABAYA 20/1 PORT KELANG/PENANG/E. Malaysia 20/1 BUSAN 20/1 TOKYO/YOKO/KOBE/NGO/OSA 20/1 HONG KONG SjN CHINA 20/1 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROK/IM 20/1 LDN/FLX/LVP/SOU 20/1 RDM/HAM/ANT/LE HAVRE/GENOA/OSIO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN MSA/CANADA 20/1 LOS
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      861 48 C// FIL CONTAINER SERVICES PTE LTD MADRAS CALCUnA BANGKOK VBL BIN/MAPHAB V3L BIN/C ALCUTT A ~1 V3L BIN/BAWQKOK SN MM SM SM CAI SM SM B*K WJT MUMLI SM 11-20/01 2C 27/01 NEXT MMLABIE 10-10/01 22-20/01 01-02/02 KIT AVAILABLE 14 Iw 17 Im 15-10/01 22-24/01 30-31/01 22 23/01 29 02/02
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      Page 48 Advertisements Column 2
      533 48 Eonterml CONTERM FREIGHT (F.E) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION TOUR FIRST CHOICE TO:— AUCKLAND 26 JAN NEW PLYMOUTH, WELLINGTON, LYTTLETON, NAPIER, HAMILTON, CHRISTCHURCH, DUNEDIN, PORT CHALMERS BANGKOK 22 Jan EUROPE 19 Jan FREMANTLE 23 Jan PENANG 20 Jan PORT KELANG 20 Jan JAKARTA 21 Jan MELBOURNE 22 Jan SYDNEY 22
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      Page 48 Advertisements Column 3
      488 48 am con WW inTEßmODfll\ 1 yLCL/FCL SERVICE ——mm ill M operates over 600 terminals/offtces in US A IMj MP™ m W maintains over 35,000 tractors trucks I I lm I services over 60,000 points in US A. V W CWloltonMtelCUFCl services Gonsrsl Agantv —7734AK-ZSA//<_ Cfi.2 PENANG KL: alued-link SINGAPORE: /9P^\
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      Page 48 Advertisements Column 4
      453 48 MANILA ETA VIGOUR PACIFIC 54N8 lg/1 VIGOUR SINGAPORE 18NB 25/1 BANGKOK ?Q/1 27/1 BUSAW 20/1 27/1 HONGKONG 24/1 1/2 DURBAN'PT LOUIS 25/1 5/2 KEELUNG 20/1 27/1 USA 20/1 27/1 PT HE LANG 21/1 24/| KOBE 20/1 27/1 PIRAEUS 19/1 30/1 OSAKA 22/1 29/1 JAKARTA 21/1 24/1 OUBAI 22/1 30/1 [Vf&ra
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      329 49 vOc vO c vO c vO c vOC vO c vQc U VAN OMMEREN CETECO GROUP \J TRANSPORT DIVISION > VOTAINER CONSOLIDATION SERVICES: [V THE ONLY CONSOUOATOB WITH WORLDWIDE NETWORK f\ V Weekly FCLACL Services To/from I J > USA EUROPE t FAR EAST > Baltimore: Votainef ConsoHdallon Services i
      329 words
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      Page 49 Advertisements Column 2
      22 49 Read >&: Chartpoint, v.f V* r «TV a; >: 4C• */•>*" %Vv a guide to investing in the Stock Market. Every Saturday in Business Times
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      249 49 STAGER FREIGHT SERVICES PTE LTD TEL 273-3838 FAX; 274-1100 P* 03-*****60 »PEK 04-*****2 «JKT: 21-*****1 «88Y: 31-*****0 EUROPE SCRVICE SIN LH/PAR FFURT/MANNHEIM IRUN/MAORID PORTO ATHENS/PIR STUTTGART VALENCIA USBON THESSALONIKI 19/1/92 7/2/92 11/2/92 11/2/92 12/2/92 12/2/92 26/1/92 14/2/92 18/1/92 18/2/92 19/2/92 20/2/92 2/2/92 21/2/92 25/2/92 25/2/92 26/2/92 27/2/92 9 2 92
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      289 49 TIDES AND WEATHER TODAY'S TIDES in metres) HOW 0000 0100 0200 0300 0400 0500 0(00 0700 0100 0900 1000 ***************0 1500 1600 *****100 1900 **********00 2300 16 1.5 1.5 1.5 16 19 2.3 26 28 28 26 2.3 18 1.4 10 08 0.7 07 09 13 1.6 19 II 2.2
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      Page 50 Advertisements Column 1
      1141 50 CHARTPOINT Every Saturday in Business Times I HYUNDAI MERCHANT MARINE CO. LTD. eastbound feeder to pacific south-west to pacific north-west J ftaa WT ni n» sw Lit m*. wmo m w «A l* hmjl vor mo icmsu pn MMG CHUN NIX 13/01 14/01 IS/01 H. PWK* 24/01 10/02 13/02 14/02
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      Page 50 Advertisements Column 2
      637 50 CHARTPOINT Every Saturday in Business Times 1 yC" VISA FREIGHT SERVICES PTE LTD £5 E*t«Msh*d Sine* 1984 We Sail The World For You REGULAR GROUPAGE LCL CONSOLIDATION SERVICES IMPORT EXPORT United States of America Europe Port-of-Call Port-of-Call Los Angeles Rotterdam Chicago Genoa New York Hamburg (Accepting all inland Le Havre
      637 words