The Business Times, 21 January 1992

Total Pages: 50
1 50 The Business Times
  • 16 1 Business Times MITA (P) 35/12/91 Tuesday, January 21, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*
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  • NEWS SUMMARY
    • 61 1 DHAKA Myanmar's military has conscripted 15,000 Muslims for use as human shields near the border with Bangladesh and could be preparing for a major offensive, Bangladeshi intelligence sources said yesterday. Myanmar had deployed more than 75,000 troops along the border and stepped up
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    • 39 1 CAIRO Tension rose in Algeria yesterday after reports that the army arrested some 500 Islamic fundamentalists, including leaders of the Islamic Salvation Front (FIS) who won seats in the country's first mul-ti-party elections last month.
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    • 37 1 THE setting up of an ethnic economic zone the proposed Great China Economic Zone grouping China, Macau, Taiwan, Hongkong and Singapore is unnecessary and politically unwise, say some analysts and economists. Page 3
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    • 37 1 ALLGREEN Properties has been officially told that its proposal for the redevelopment of the Thai embassy site has been rejected by the Thai government more than a year after submitting the tender bid Page 4
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    • 21 1 THE number of applications for new investment in Thailand fell by 38 per cent last year Page 8
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    • 20 1 FALLING imports are likely to push Japan's trade surplus even higher in December, say economists Page 9
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    • 19 1 FOREIGN investors' share of China's exports are soaring, according to the latest customs figures Page 9
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    • 34 1 US information services giant Dun Bradstreet has teamed up with Hewlett-Packard and Data General to offer open systems, a move that reflects a fundamental change in the company's strategy. Page 15
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    • 40 1 INTRANS Warehousing Distribution Services' new warehouse, which will be ready by February 1993, is expected to boost its revenue about 20 per cent to $12 million during its first year of operations. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 37 1 LONDON share prices were lower at midday yesterday. At about 1200 GMT, the FTSE 100-Share Index was down 5.9 points, or 0.2 per cent, at 2530.8. The NYSE was closed for a market holiday yesterday
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    • 30 1 ALMOST all of the 154 units of First Capital Corporation's condominium project in Telok Blangah have been snapped up within a week of their launch Page 5
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    • 41 1 ONE in four stock market investors in Singapore is unemployed, says the 1990 survey of individual share ownership by the Stock Exchange of Singapore, against 31 per cent for the US and 34.7 per cent for Australia Page 5
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    • 25 1 NISHIO Lease Singapore and sister company Nishio International, with debts running into millions of dollars, have been placed under provisional liquidation Page 6
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    • 28 1 DBS BANK and OCBC Bank have sold their stakes in Singapore's oldest factoring company, Heller Factoring (Singapore) Ltd, ending a 17-year partnership Page 7
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    • Article, Illustration
      30 1 Monday Change BT-MGA 742.92 -2.61 Kuala Lumpur 569.6 +4.42 Tokyo 20,913.82 -407 55 Hongkong 4,510.47 +55.58 Sydney 1,667.6 -5.9 Friday Change New York 3,264.98 +15.43 London 2,536.7 -4.9
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    • 23 1 Exchange rates USS SS 1.6320 100 Yen SS 1.3161 MS SS 0.6065 Money market rates Overnight 3 3/8 +7/8 3-month 3 unch
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    • 38 1 London Gold AM fix US$356.60 US$0.60 Rubbor S'pore Feb.... 129.75«/kg -0.25 M'sia Feb 21 ISC'/kg unch KL Tin Turnover 70 tonnes +20 Spot M$ 14.30/kg +0.01 Crudo palm oi Turnover 956 lots -358 Feb M$905 /tonne unch
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  • 581 1  -  Accord on time-frame, deadlock over mechanics By Our Summit Team SINGAPORE Senior Asean economic officials meeting here yesterday agreed to liberalise intraAsean trade by next January, but they were deadlocked over the mechanics of its implementation. They will now pass the unresolved issues
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  • 310 1  -  From Maggie Ford in JAKARTA ASEAN Foreign Ministers will have to review the Malaysian proposal to set up an East Asia Economic Caucus (EAEC) in the light of continuing objections by trading partners, said a senior Indonesian Foreign Ministry official. Emphasising that Indonesia
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  • 522 1 MBT KUALA LUMPUR The long drawn tussle for control of Malayan United Industries Bhd (MUI) may be resolved soon if latest negotiations between Datuk Loy Hean Heong and Tan Sri Khoo Kay Peng are successful. Over the past few weeks,
    MBT  -  522 words
  • 467 1  -  M'sian operations to be 30pc owned by bumiputras By Lee Han Shih SINGAPORE Barring any snags, listed Fraser and Neave Ltd (F N) will push ahead with plans this year to ensure that up to 30 per cent of
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  • 386 1  -  By Lilian Ang SINGAPORE Parkway Holdings and two of its directors Tony Tan Choon Keat and Tan Kai Seng are being sued for a total of US$7O million (Ssl 14.24 million) in a claim related to the group's air-freight terminal project in
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  • Page 1 Advertisements
    • 191 1 The World's Finest Photographic System Nikon] Price Specials See SBC Text Ch 8 Pg 188 (3 pages) Why just buy a camera when you can buy a Nikon Atfcraft Schedule 29 ALSE 23 Weather 29 Commodities 28 Money Changer Rates 29 World News 9 5,6 Money Market 27 For market
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    • 39 1 More reports on Pg 2: Jakarta to present major new security initiative Draft declaration ready for endorsement Asean shaking off dependence on natural resources Asean industry must seek out niche markets Officials avoid talk of liberalising trade in agriculture
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    • 61 1 The World's Finest Photographic System Nikon Price Specials See SBC Text Ch 8 Pg 188 (3 pages) Why just buy a camera when you can buy a Nikon ||M Wmßr Cartier Boutique/ SINGAPORE #01-36, Lucky Plaza. 304 Orchard Road Tel: *****27 #01-04, The Shopping Gallery, Hilton International Singapore. 581, Orchard
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    • 4 1 Hot stock, Pg 19
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  • FOURTH ASEAN SUMMIT
    • 353 2  -  Proposal will cover Asia-Pacific region From Maggie Ford in JAKARTA INDONESIA plans to unveil a major new security initiative covering the Asia-Pacific region at the Asean summit meeting in Singapore next week. The initiative is likely to focus on amendments to the Asean
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    • 339 2  -  Summit reports by Yang Razali Kassim, Kenneth James, Loh Hui Yin, Chuang Peck Ming,Harish Mehta SENIOR Asean officials have put together a 14-page draft declaration, likely to be known as the Singapore declaration, for endorsement by the six heads of government when they meet next
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    • 221 2 ONE TABOO word at the Asean Senior Economic Officials Meeting appears to have been agriculture. Asean officials avoided talking about liberalising trade in agriculture because it is a "sensitive domestic issue" and is a "politically volatile cocktail" in many of the
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    • 632 2  -  In Manila, A 1 O Labita recently put some questions about Asean and the Fourth Summit to Philippine Trade and Industry Secretary Peter D Garrucho. Al O Labita BT: What are your expectations of the coming fourth Asean summit in Singapore? Will the
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    • 1142 2  -  Chuang Peck Ming reports on how Asean nations are diversifying their economies Chuang Peck Ming ASEAN is rich in natural resources but many of its people are still poor. The region is among the world's biggest sources for items like oil and gas, rubber
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  • Page 2 Advertisements
    • 63 2 ■"Z. of tender for jS§f| taxable book-entry Government Bond 1992 due 1 February 1994 to be issued on 23 January 1992 I Tenor approx. 2 years Amount Offered Allotted *****,000,000 Amount Applied 551,088,701,000 pplllp;' Interest/Coupon Rate 3.000% p.a. on Allotment 3.10% p.a. and 99.805% Cut-off Yield and Price 3.14% p.a.
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    • 81 2 Unclog your cash. Is your business caught in a tight cash-flow situation? Bring us your invoices and we'll give you immediate cash advances. IMF K eppel Finance Limited Let Keppel Finance and Keppel Factors mfV Keppel Factors Re Ltd ■I rr ease your cash flow. Vi (Members of the Keppel
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  • PAGE 3 NEWS
    • 594 3  -  Conference in HK discussing the feasibility of such a grouping By Said Abdullah SINGAPORE The setting up ot an economic zone of ethnic Chinese-dominated societies, including Singapore, is unnecessary and politically unwise, analysts and economists say. According to recent reports from Taipei, Chinese officials
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    • 296 3 AFP HONGKONG Chinese and Taiwan delegates at a meeting here yesterday said proposals for economic integration would not lead to a formal regional grouping, but suggested they may result in increased political exchanges. Li Boxi, Director of the Bureau of Development
      AFP  -  296 words
    • 359 3  -  It must accept leadership role, says ex-Bundesbank head By Shoeb Kagda SINGAPORE A new Germany, born out of the unification of the former West and East German ies, is just emerging, said Karl Otto Poehl, adding that this new entity will have far-reaching implications
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    • 346 3  -  From Leslie Lopez in KUALA LUMPUR VIETNAMESE Premier Vo Van Kiet has asked Malaysia to support his country's bid to participate in Asean meetings as an observer. Malaysian Foreign Minister Datuk Abdullah Ahmad Badawi said Mr Kiet had also asked Prime Minister
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  • Page 3 Advertisements
    • 98 3 INVESTMENTS IN I hethemeforßusinessTimes' special Business limes feature is "New Zealand Gathering Strength for Recovery". The feature will SPECIAL FEATURE a i so CO jncide with a seminar in February 17, 1992 Singapore on investing in New Zealand. Readers can look forward to vital information on business opportunities given by
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    • 126 3 PRIME EN BLOC OFFICE BUILDING Raffles Place, Singapore I 1 J I JT-m I I 3 PHILUP STREET is SOUTH BRIDGE ROAD located in the heart of n Pidemco \l/7 Singapore's Raffles Place financial district. 1 hil 7 h J -i /I uob /o 2 minutes walk from W ICentre1
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    • 8 3 Bundesbank's move raises tension in EC, Fg 10
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • 59 4 THE Ministry of National Development said yesterday that the Housing and Development Board would take over the maintenance of central television antenna systems in HDB estates from Feb 1. The ministry said the takeover from town councils would facilitate modification to enable reception
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      • 54 4 THE National Science and Technology Board hopes to attract 200 foreign researchers annually to Singapore. To lure such talent, a 32-page advertising section featuring Singapore's national technology plan has been placed in the Scientific American, a premier American Science magazine. Singapore is seeking experts in micro-electronics, manufacturing
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      • 23 4 SINGAPORE and the Republic of Latvia established diplomatic relations yesterday, the Ministry of Foreign Affairs said in a statement.
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      • 47 4 THE Rotary Club of Singapore has opened nominations for the Small-Scale Entrepreneur Award, which this year is being co-organised by the Association of Small Medium Enterprises. Nominations, which close on Feb 29, may be submitted at the Rotary Club's office at the Mandarin Hotel.
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      • 45 4 THE Ngee Ann Polytechnic Consumer Co-operative has teamed up with Auckland-based NZI Insurance to develop an insurance package for the polytechnic's students and staff. The package, called Safe-Net, will be offered at a special price to all Ngee Ann co-op members.
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      • 46 4 SINGAPORE'S largest supermarket chain, NTUC Fair Price, opened a new store, its 41st, at Bishan during the weekend. Tendered for $13 million and renovated at a cost of $4 million, the outlet is the first Fair Price-owned store spread over three levels.
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      • 39 4 THE Singapore Institute of Management and Crosby Associates Asia-Pacific are jointly organising a talk on quality management, by Philip B Crosby, on Feb 21. Mr Crosby is the author of Quality is Free, an international best-seller.
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    • 371 4  -  By Lilian Ang ALLGREEN Properties has finally been told that its proposal for the re-development of the Thai embassy site along Orchard Road has been rejected by the Thai government more than a year after submitting the tender bid. A spokesman for
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    • 248 4 THE National University of Singapore (NUS) has signed an agreement with the American computer software company Lotus Development for comprehensive use of its products on campus. Paul Wee, the Singaporebased corporate account manager of Lotus, said this was the first agreement
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    • 457 4  -  By Dawn Tan JAPANESE contractor Kajima Overseas Asia and Ohiobased K&S International, the erstwhile partners of the ill-fated M 53.4 billion Desaru leisure resort project, are about to do battle again. The two parties will meet again in the courts of
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    • 336 4  -  By Anna Teo THE hunt is on for a chief executive officer for a new umbrella body to be formed of the Singapore Council of Social Service. Newspaper appointment notices for the position appearing the past two Saturdays said the council is
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  • Page 4 Advertisements
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  • COMPANY NEWS 1
    • 520 5  -  By Sylvia Wong, Clarissa Tan SINGAPORE Harbour View Towers, First Capital Corp's condominium project in Telok Blangah, has been largely snapped up within a week, despite the quiet property market. Almost all the 154 units have been sold, including every apartment above the
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    • 300 5  -  By Sylvia Wong SINGAPORE John Bittleston, the former chief executive of Cerebos Pacific Ltd, joined Ewing Communications, a small training and publishing firm, as chairman two months ago. At a meeting with the press yesterday, Mr Bittleston said his job at the company was
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    • 357 5  -  By Magdalene Ng SINGAPORE Two in five share investors in Singapore earn less than $2,000 a month, or not even enough to obtain a credit card under the new guidelines. And one in four of these investors does not
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    • COMPANY BRIEFS
      • 63 5 SINGAPORE TA Enterprise Bhd has failed to get approval from the Malaysian director-general of insurance for the purchase of The Netherlands Insurance (M) Sdn Bhd and has thus decided to abort the plan. TA Enterprise said yesterday it had also aborted its purchase
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      • 63 5 SINGAPORE Sime Darby Bhd said yesterday it had completed an extensive due diligence exercise on the Caterpillar businesses of Hastings Deering in Australia, Papua New Guinea and the Solomon Islands. Upon its completion, Caterpillar has agreed to enter into new distribution agreements with Sime Darby. It
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      • 67 5 SINGAPORE Under an agreement worth $25 million a year, Upali (M) Sdn Bhd now makes chocolates by Van Houten. The distributor in Malaysia is Network Foods (M) Sdn Bhd. Both Upali and Network Foods are the Malaysian subsidiaries of London-listed Grand Central Investment Holdings (GCI).
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      • 39 5 SINGAPORE Nomura Trading Co Ltd and Mitsubishi Materials Corp said they had each bought 49,000 shares in Jurong Cement at 52.79 apiece or $136,710. Each now holds a 5.52 per cent interest in Jurong Cement.
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    • COMPANY BRIEFS
      • 136 6 TOKYO One of Japan's biggest oil companies will next month sign a contract to develop a major oil and natural gas field off Vietnam, Yomiuri Shimbun newspaper reported on Sunday. It said Idemitsu Oil Development Co, a whollyowned subsidiary of Idemitsu Kosan,
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      • 106 6 LONDON Britain's Office of Fair Trading (OFT) has written to the country's largest brewers for an explanation of why beer prices continue to rise more than the rate of inflation, the Independent on Sunday newspaper said. The letters, sent before Christmas, also ask for a
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      • 82 6 TOKYO Japan's Toshiba Corp said yesterday that it had developed a prototype for a three-dimensional graphics display to be used initially in the computer-aided design of mechanical parts and architectural plans. The company said the display was capable of depicting complex images such as gear movements
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      • 128 6 LOS ANGELES Sumitomo Corp and Morrison-Knudsen Corp said they failed to reach an agreement to work together on the US$l2O million (S$ 194.4 million) construction of the Los Angeles County Metro Green Line rail car system. The two have been meeting at the request of the Los
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      • 99 6 TOKYO Sony Corp said it will start marketing a digital microrecorder that uses postage stamp-size cassette tapes in Japan on February 21. The digital microrecorder Scoopman, priced at 100,000 yen (551,030), is 11.3 cm long, 5.5 cm tall and 2.3 cm thick. It will be
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      • 96 6 HOUSTON Granada Foods Corp said it will report a year-end 1991 charge of about US$3 million for its previ-ously-announced US$l2.7 million sale of substantially all assets of its Texas Meat Purveyors Inc (TMP) subsidiary to Freedman Food Services Inc. The transaction involved the sale of TMP's
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    • 377 6  -  Companies are said to owe at least $60 million By Conrad Raj SINGAPORE Nishio Lease Singapore and sister company Nishio International, whose major shareholder, Toru Hikida, died recently with debts running into millions of dollars, have been placed under provisional liquidation. Don M Ho
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    • 437 6 Move is part of worldwide restructuring programme, say observers HONGKONG Australian tycoon Kerry Packer is to lay off nearly all of his Hongkong staff as part of a worldwide restructuring, the Sunday Morning Post reported. Seventeen out of 19
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    • 241 6 Agencies SYDNEY Pacific Dunlop Ud shares came under pressure on market talk that analysts were downgrading profit forecasts for the year to June 1992, brokers said yesterday. The stock fell to a low of A 55.35 (556.40) before closing 11 Australian cents lower,
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    • 283 6  -  By Quak Hiang Whai SINGAPORE DBS Bank has issued sponsored American depositary receipts in the US, the second Singapore bank to do so. Each ADR represents four foreign shares of DBS Bank. The ADRs will begin trading in New York today in the over-the-counter
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    • 317 6 BANGKOK Thai Petroleum Pipeline Co is seeking shareholders' approval to raise capital to fund the firm's Sri Racha-Saraburi oil pipeline project, The Nation reported over the weekend. The Singapore branch of CS First Boston has already clinched the financial advisory deal to solicit
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    • 394 6 Reuter LONDON Shares in British pharmaceuticals company Wellcome pic shrugged off" the drugs sector blues on Friday with the promise of exciting sales and margin growth. Chairman Alistair Frame told shareholders at the annual meeting that SeptemberDecember 1991 sales rose 20 per cent from year-earlier levels.
      Reuter  -  394 words
    • 483 6 Reuter NEW YORK International Business Machines Corp. which just closed the book on the worst year in its 80-year history, faces an intensifying battle with former ally Microsoft Corp, analysts say. IBM posted a 1991 loss of US$2.B3 billion (554.6 billion)
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  • Page 5 Advertisements
    • 204 5 WM H With the International Tele-Charge Card (ITCC), you can make overseas calls to virtually anywhere*, from any push-button phone in Singapore, without having to worry about H H paying for it on the spot. Even on those without an IDD line. H This Overseas Easy Dial facility of the
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  • Page 6 Advertisements
    • 147 6 v WBb fc wKs" tsfk SHHH OUR TEPPANYAKI'S TERRIFIC, BUT THAT'S ONLY HALF THE GLORY True, Senbazuru is known for its freshest of Teppanyaki delights! And every so often our guests are so overwhelmed by the Teppanyaki choices like Jumbo Prawns, Pomfiret and Sirloin Beef, they quite forget our other
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  • FINANCIAL NEWS
    • 325 7  -  Sale to US-based Heller International Group marks end of 17-year partnership By Quak Hiang Whai SINGAPORE DBS Bank OCBC Bank have sold their stakes in Singapore's oldest factoring company. Heller Factoring (Singapore) Ltd, ending a 17-year partnership. The US-based Heller International
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    • 378 7  -  By Chew Eng Han SINGAPORE Based on economic outlook and valuations, the Singapore and Hongkong bourses are the most attractive markets in South-east Asia, reckons the UK-based fund manager, GT Management. Singapore is attractive because of its low inflation, low interest rates
      Source: GT Management  -  378 words
    • SMALL CHANGE
      • 58 7 SINGAPORE OCBC Bank and Tat Lee Bank have cut their prime lending rates by 0.75 percentage point. OCBC Bank dropped its prime rate to 5.75 per cent, effective today, while Tat Lee Bank cut its rate to 6 per cent yesterday. Both banks
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      • 67 7 SINGAPORE General insurer Sime Hogg Robinson has introduced a new motorcar insurance package for BMW car owners. The premium is lower than conventional tariff rates while the policy gives a more comprehensive cover. Sime Hogg Robinson's regional director Lawrence Ford said that response has been
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      • 70 7 SEOUL The Russian Federation has officially notified South Korea that it has taken over the repayment of a US$3 billion (554.9 billion) loan from Seoul, the Foreign Ministry said yesterday. The notification came last Friday that Russia was taking over all debts of the former
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      • 115 7 MANAMA United Saudi Commercial Bank, one of Bahrain's nine joint-venture banks, said its board of directors had approved the doubling of the bank's paid-in capital to 500 million riyals. A bank statement received on Sunday said the directors would recommend to shareholders to transfer 250
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    • 336 7  -  By Chew Eng Han SINGAPORE Activities in the Asian Dollar Market has picked up strongly after seven consecutive months of decline. The expected bottoming process looks in place with total assets showing the second consecutive month-on-month rise last October. According to
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    • 410 7 NYT TOKYO Little-noticed legal decrees handed down last month by Japan's Fair Trade Commission may have finally offered a partial answer to the most persistent, unresolved question from last year's securities scandals: is the Japanese stock market rigged? The decrees show how
      NYT  -  410 words
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  • THE REGION
    • NOTE BOOK
      • 81 8 MANILA The Philippine Government plans to phase out a 5 per cent import levy by June, a finance department spokesman said yesterday. The Business World newspaper, quoting a local International Monetary Fund (IMF) representative, reported yesterday that the IMF and Manila had
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      • 66 8 JAKARTA Indonesia and Australia are to sign a memorandum today on development projects in East Nusa Tenggara province and the Northern Territory, officials said here. Indonesian Foreign Minister Ali Alatas and Northern Territory Chief Minister Marshall B Perron are to sign an accord on the
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      • 68 8 JAKARTA Indonesian Foreign Minister Ali Alatas said on Sunday that premature recognition of Croatia and Slovenia would complicate rather than ease the peace process in Yugoslavia. "The most important thing is allowing and securing a conducive situation which enables self-determination by Yugoslavians as well as Yugoslavia
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      • 65 8 HANOI Vietnam and Germany will agree soon on the fate of tens of thousands of Vietnamese who once held jobs in communist East Germany, Hanoi said yesterday. "There has been necessary mutual understanding, and we believe that with efforts from both sides, (an) agreement will
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    • 348 8 Number dropped 38pc to 630 last year BANGKOK The number of applications for new investment in Thailand fell by 38 per cent last year, reports the Bangkok Post. Sources in the Thai Board of Investment told the Post that the number of applications for
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    • 350 8  -  From Harish Mehta in HANOI HANOI'S first world-class hotel, the French colonialstyle Pullman Metropole, due to open on March 1, is the front-runner in Vietnam's push to woo foreign investment in this sector. A French consortium and its Vietnamese partners have spent US$9
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    • 471 8 Reuter COLOMBO Sri Lanka, nine years into an often brutal battle against Tamil separatists, is again at a crossroads between peace and continued war. No one is sure which path will be taken. "It is clear that both sides are interested in
      Reuter  -  471 words
  • Page 8 Advertisements
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    • 112 8 I Commencing February 17th 1992 English College at Woodlands will offer Secondary (from Year 7) and PreUnivcrsity (South Australian Matric) programmes and from March 2nd 1992 First Year Undergraduate Courses. The undergraduate twinning programme is a flexible one with possibilities for transfer to a number of universities abroad. The collcge
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  • THE WORLD
    • 364 9 Economists attribute forecast rise to falling imports Reuter TOKYO Slackening demand for imports is likely to have pushed Japan's trade surplus even higher in December, economists said yesterday. On average, they expected the December customscleared trade surplus to have swollen to US$B.B billion
      Reuter  -  364 words
    • 226 9 AFP BEIJING Companies with foreign investment accounted for one-sixth of China's total exports last year, with sales abroad soaring 54 per cent to US$l2 billion (5519.8 billion), according to customs figures published here yesterday. It was the first time exports by the 16,000
      AFP  -  226 words
    • 360 9 Reuter NEW DELHI India is preparing to grapple with the latest reform of an economy steeped in four decades of socialism how to rehabilitate or close down chronically inefficient public sector industries. The government held talks yesterday with representatives of the country's
      Reuter  -  360 words
    • 629 9 Muslim fundamentalists biding their time Agencies ALGIERS There was considerable relief in the salons of the middle classes more than a week ago when the Algerian army, hiding behind a civilian administration, put an end to a democratic process that was leading militant
      Agencies  -  629 words
    • 559 9 Reuter WASHINGTON Policy makers at the US central bank are keeping a sharp eye on the stranded economy, fearful that while inflation has been tamed too much stimulus will reignite it. "Having achieved those gains (on inflation), we've got to do
      Reuter  -  559 words
    • WORLD WATCH
      • 78 9 BONN German Finance Minister Theo Waigel plans to limit government guarantees on exports to republics of the former Soviet Union to five billion marks (SSS.I billion). Mr Waigel said the federal government had already received applications for its backing on deals valued at
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      • 74 9 BEIJING China is moving swiftly to boost trade relations and establish business ties with the former Soviet republics. The English-language China Daily said on Sunday that "establishing a solid economic relationship" with the former Soviet republics was one of the major foreign trade tasks outlined
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      • 70 9 BEIJING More than 100,000 state industrial and commercial firms were closed or merged in the past three years as part of China's attempt to revitalise debt-ridden industry, the official People's Daily said yesterday. A total of 105,137 state-run firms under the State Administration for Industry and
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      • 60 9 TAIPEI Export orders for Taiwanese goods surged 14.93 per cent from a year earlier to US$6.3B billion (S$ 10.53 billion) in December, the Bureau of Statistics said yesterday. The orders dropped 0.82 per cent from November, mainly because of a sharp fall in orders for furniture
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      • 51 9 TOKYO The Metal Mining Agency of Japan will send a research agent to South Africa by next month to gather information about its mining industry, a spokesman for the semi-official body said yesterday. The agency has research agents in 12 foreign cities, including London and New
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    • 476 9 Reuter WASHINGTON A mammoth conference this week on aid to the former Soviet Union will seek a master plan to cut queues outside its shops and put food back on the shelves, diplomats and officials say. "Hopefully there can be discussion among the various
      Reuter  -  476 words
  • Page 9 Advertisements
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  • 482 10 EDITORIAL JAPAN'S RULING Liberal Democratic Party certainly believes in living up to its name. It is liberal in its definition of the cooling-off period given to politicians too hot to be brought back on-field, and democratic in giving virtually every factional head equal opportunity to become
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  • WHAT THE OTHERS SAY
    • 296 10 THE FIGHT against the spread of the Acquired Immune Deficiency Syndrome (Aids) has now taken on a legal dimension. Last Friday, Health Minister Yeo Cheow Tong introduced a Bill amending the Infectious Diseases Act. This will make it an offence for Aids-infected people and Human
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    • 80 10 IT IS DISHEARTENING to note that some people still question whether the government is going back on multi-racialism. They interpreted Mendaki and Sinda as government emphasis on communal identity instead of inter-communal unity. This shows that despite lengthy explanations by leaders and ministers, there are still people who misunderstand
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    • 126 10 CHINA'S main emphasis today is economic reconstruction. Hence, China and the United States have not become strategic foes because of Soviet disintegration. China obviously hopes to see a balance of multipolar powers in the post-cold war era. But the US wants to be seen as
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  • REGIONAL VIEWPOINTS
    • 178 10 IT SEEMS to be Singapore's official guiding principle that a continued US military presence in this region is necessary to maintaining the balance of power, at least until a gradual shift can take place that is acceptable to the countries of the region. As for the premise
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    • 190 10 CHINA and the US narrowly averted a trade war yesterday, much to the relief of Hongkong which would have been a casualty in the conflict. However, Hongkong is not out of the woods yet. The agreement reached after a final round of frenzied negotiation and mutual threats
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    • 148 10 TO BE FAIR, the Anand administration is not the only party to blame for the current confusion over the value-added tax (VAT). Neither the Revenue Department nor the Internal Trade Department seemed to anticipate such widespread confusion, and thus were not prepared to handle it promptly. After
      148 words
  • 917 10  -  Underlying disagreements over the fundamental goals of monetary policy have re-emerged with the Bundesbank's decision to raise rates. Tom Redburn reports Tom Redburn IHT THE widespread attacks that greeted the Bundesbank's decision to raise German interest rates last month may be just the first
    IHT  -  917 words
  • Page 10 Advertisements
    • 145 10 (or a ASIAN MM AEROSRACE'92 ASIAN AEROSPACE is considered one of the worlds most important air shows. Three of our newspapers will be publishing a rm rNj -j rrr special feature in conjunction with this qreat The StraitsTimeS exhibition of airpower. February 24,1992 Readers will get to read about the
      145 words
  • Page 10 Miscellaneous
    • 40 10 DOONESBURY BY GARRY TRUDEAU A KID MAN THIS CHANGES E VERI- I PONE! I'VE GOT TO FIA UP TVS GOT NO RUSH THING' EVERYTHING! 1 F v MHAVE 1 TO CHECK OUT SCHOOLS'IVE I GET... an? {y 1 TIL MAY
      40 words

  • ANALYSIS
    • 907 11  -  As Ronald Reagan's first budget director. David A Stockman tried to cut special interest spending but failed, and he quit to write a book about it. Now an investment banker, he talked to Lawrence Malkin about President George Bush's political and
      IHT  -  907 words
    • 1272 11  -  The East Timor incident, though traumatic for a country which is not used to international limelight, demonstrates Indonesia's ability to face facts and take unpalatable measures without provoking a backlash. Jakarta Correspondent Maggie Ford reports Maggie Ford WHEN news broke early last
      1,272 words
    • 524 11  -  W Dale Nelson takes a look at the views of Patrick Buchanan, who is taking on George Bush as a Republican presidential candidate W Dale Nelson AP Republican presidents have never been conservative enough for Patrick Buchanan. He tugged Richard Nixon and Ronald Reagan
      AP  -  524 words
  • Page 11 Advertisements
    • 137 11 UNBELIEVABLE MVESTMEOT OPPORTUNITY M SOUTH PACIFIC TOURISM For an equally unbefievable price tag YASAWA ISLAND LODGE, FIJI A brand new resort with outstanding potential on one the exclusive resort in the complex boutique and reception. ,> Large swimming •-< beach bar, water sports, activity building, competition Water supply from bores
      137 words

  • Page 12 Advertisements
    • 765 12 rfrHm Nothing BealsA Bud. where to wine, dine OF GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT SNACKS WITH GOOD FRIENDS. RING'S A MEMBER
      765 words
    • 344 12 WE VE JUST BRED A NEW WINNER AT The Stab les |V The Businessmen's Derby Lunch <fff A delectable choice of appetisers and soup. followed closely by your pick from five delightful main dishes and a selection of desserts Finish u aoo, with coffee or tea. Only $28.00+ Closed for
      344 words
  • Page 12 Miscellaneous
    • 690 12 TELEVISION AND RADIO ■■-w S?ari2 7.50 Newswatch. 7.23 Azan Maghrib. RADIII A 8.00 It's Your Move <L, Stereo). 7.27 CNN (Cont'd). rJI lV dJnXlv'IS 730 AMCHN (L). 930 Feature Special People mHz 8.30 Close. Like Us (See Our Choice). 5.30 Pah Dhi K.K. 7.10 am, 9.25M11, 1.30pm, 5.30pm. mm iht
      690 words

  • LIFESTYLE
    • Article, Illustration
      448 13  -  Help is at hand for two of Mother Earth's creatures. Joseph Herbert reports on efforts to save the much-maligned shark, while Bernd Debusmann looks at Dubai's fight against ivory traders Bernd Debusmann Joseph Herbert AP SEVERAL DOZEN spccics of shark that have survived millions of years arc now
      AP  -  448 words
    • 367 13 UPI A WORLD WIDE Fund for Wildlife official concluded a week-long investigation on Sunday into the ivory trade in the United Arab Emirates (UAE), once a thriving transit point for its sale and manufacture, and found that small amounts were still being sold in the sheikhdoms.
      UPI  -  367 words
    • 724 13 The 49th Annual Golden Globe Awards Agencies m UGSY, a stylised LJ version of the viog lent life and times of gangster Bugsy Siegel starring Warren Beatty, won the Golden Globe award on Saturday night for the Best Dramatic Motion Picture of 1991. But an
      Agencies  -  724 words
    • 669 13 CHATTERBOX TOM SELLECK said fans shouldn't count on him portraying Rhett Butler in the mini-series based on the sequel to Gone With the Wind. Selleck said he has been approached by the producers, but "I wouldn't commit without seeing a script, and
      669 words
  • Page 13 Advertisements
    • 173 13 AND ENTERTAIN I Ra Shai Mase For the fresh and flavourful taste of Japanese haute cuisine only at Unkai Japanese Restaurant. Lunch 12 noon to 2.15 pm Dinner 6.30 to 10.15pm. jIL I ANA HOTEL For reservations, SINGAPORE please call 732-1222 ext 1589. 161 A promotion depends on how well
      173 words
    • 74 13 IT 7( Traditional Cantonese Cuisine A# O BEST HONG KONG DIAN XIN IN TOWN China China Restaurant 1 Marina Bay Golf Country Club A 2 6 Marina Green Singapore oioi. For Reservations Please Call *****11. PAUL ZACH Forget the paperwork! Come down the road for lunch at Zouk this week.
      74 words

  • FOCUS
    • 1337 14 Citicorp can the wounded giant recover? When, and if, Citicorp gets out of its bad patch, its cutting edge will be severely eroded. Although it remains the market leader in the credit card business, other banks have caught up with it in other areas NYT Citicorp, America's largest banking company
      NYT  -  1,337 words
  • Page 14 Advertisements

  • INNOVATION & TECHNOLOGY 1
    • 371 15  -  Joseph Rajendran examines the agreement D B Software has with HP and Data General Joseph Rajendran AMERICAN information services giant Dun Bradstreet has teamed up with two US computer companies Hewlett-Packard and Data General to offer open systems, a move that reflects
      371 words
    • 348 15 NYT MICRON Technology Inc, one of the few US semiconductor companies trying to compete with the Japanese in computer memory chips, is moving to compete in another arena where few US companies dare to tread: flat-panel display screens. Micron, based in
      NYT  -  348 words
    • 339 15 Washington confident of undertaking multi-billion dollar project alone Reuter THE American Superconducting Super Collider (SSC) project to probe the building blocks of matter could go ahead without a Japanese contribution, members of a US congressional delegation said. A particle collider or accelerator elect
      Reuter  -  339 words
    • 364 16  -  Claire Leow reports on efforts to fight trademark infringements Claire Leow EPSON Singapore, which in November last year broke a syndicate making and selling fake Epson printer ribbons in Singapore and Malaysia, has taken civil action against some parties involved in the racket.
      364 words
    • 313 16 SINGAPORE The raid in November initiated by Epson Singapore in Malaysia and Singapore also uncovered fake ribbons carrying the brand names Panasonic, NEC, OKI and Brother. Mr Tony Chang, sales manager of Epson, told BT that fakes have existed on the market for
      313 words
    • 527 16  -  Just when you thought it was safe to buy a CD player, Catherine Arnst says otherwise Catherine Arnst Reuter A WORD to all those consumers who have held off buying a CD player until they are sure the format is here to
      Reuter  -  527 words
    • 482 16  -  The USsl.sb mail-order market for PCs has a new contender, reports Glenn Rifkin Glenn Rifkin NYT NEARLY 10 yean after the first of several forays into the personal computer market, Digital Equipment Corp is starting a major campaign to sell the desktop machines this time,
      NYT  -  482 words
  • Page 15 Advertisements
    • 206 15 HOW TO STAY TRIM IN BUSINESS BY CUTTING CORNERS These days, to stay successful in business, one has lo be highly competitive That means having the right image, up- to- date office equipment and full time experienced staff; yet keeping low overheads Here at World Wide Business Centre Pie Ltd,
      206 words
    • 449 15 --i M J 4 i» ,iL ~<f~ "to-•••II-' -i» i»* Cardmembers can call 220 2818 for the highest. From now until March 31, 1992 American Express® Cardmembers CALL ??o?ft 1 ft FAX 7? 0 ftftOQ can enjoy Singapore's premier foreign currency deposit service. Just by £01.0 OOv/ calling 220 2818.
      449 words

  • Page 16 Advertisements
    • 520 16 Invest In The Jewel Of Golf Resorts W <M P1 A t»Oil>"1 nr>firifm>lilfkj'i<a iVlAfm* 4 O J ~.-1"-. r -A a» m+m* A4kA m m Jrn *m +±+m.l*dm± J* +*m A ESTIMATED FIRST PHASE COMPLETION DATE (18 HOLES): MID 1992 Poresia Country Club will soon be a dream come true.
      520 words

  • SPORTS 1
    • 520 17 Australian Open AFP MELBOURNE Fortune continued to embrace Israeli Amos Mansdorf at the Australian Open when he capitalised on Aaron Krickstein's forced retirement to reach his first-ever Grand Slam quar-ter-final yesterday. Mansdorf, who got his first lucky break when injured fifth seed Pete Sampras pulled out
      AFP  -  520 words
    • 467 17 AP MELBOURNE Minutes after his five-set, nearly fivehour victory in brutal heat to reach the Australian Open quarter-finals, John McEnroe had rehydration fluids dripping into a vein in his arm. The procedure, which carries serious risks for players, is becoming increasingly popular in
      AP  -  467 words
    • SIDE LINES
      • 93 17 CINCINNATI, Ohio Cincinnati Reds shortstop Barry Larkin signed a new five-year contract on Sunday that makes him the fifth highest-paid player in baseball. Larkin, considered by many to be the best shortstop in the US National League, will earn U5525.6 million an average of US$5.l2
        93 words
      • 80 17 PHOENIX, Arizona A 19-year-old boxer died less than 24 hours after his first practice fight was stopped because he seemed tired. Ramon Gomez was taken to Barrows Neurological Institute here because he was having trouble breathing and lost consciousness on Saturday night after the bout was stopped in
        80 words
      • 59 17 MIAMI Britain's Johan Boakes, a late entry, upset US record holder Steve Scott and a world-class field to win Sunday's inaugural Miami Mile at Bayfront Park. Boakes, 23, clocked three minutes 58.2 seconds for his first major win in five years. "It's taken me five years to
        59 words
      • 134 17 MADRID Spanish champion Barcelona won a seven-goal bonanza against Espanol on Sunday to close the gap on league leader Real Madrid to three points. With Real suffering only its second defeat of the season on Saturday night, Barcelona's strike force went looking for goals against
        134 words
      • 62 17 HELSINKI Finland's Jani Sievinen broke his third record in three days when he swam to a new European mark of 53.26 seconds in the opening leg of a men's 4xloo metre short course medley at the Finnish indoor championships on Sunday. Organisers said Sievinen beat the previous
        62 words
      • 67 17 LAUSANNE, Switzerland Paul Duchesnay pulled out of a crucial pre-Olympic competition on Sunday because of a thigh injury, adding to the list of Albertville medal contenders whose hopes depend on their fight back to physical fitness. Paul and his sister, Isabelle, current world champions in ice dance, withdrew
        67 words
    • 350 18 America's Cup AFP SAN DIEGO, California Dennis Conner survived a torn sail on Sunday and kept alive his hopes of defending the America's Cup, defeating rival Bill Koch for the second time in the first round of the defender series. Conner, who has represented
      AFP  -  350 words
    • 217 18 AFP BERMUDA DUNES, California John Cook chipped in twice during a five-way play-off on Sunday to win the Bob Hope Classic. Cook chipped in from just off the green for a birdie on the third extra hole, then scored an eagle-three from the fringe
      AFP  -  217 words
    • 386 18 NYT BOSTON Unless it eventually wants its Hall of Fame to be better known as the Dead Players Society, the LPGA should stop requiring that inductees have at least 30 career victories. But in the case of Pat Bradley, who was officially inducted
      NYT  -  386 words
  • Page 17 Advertisements
    • 51 17 Japanese, German, American cars Pirelli tyres fit them all. Why don't more drivers fit Rirelli7> Amateurs. AVALABLE AS ORIGINAL EQUIPMENT TVRES ON ALFA MOMEQ AUDI. BMW. FERRARI. HONDA JAGUAR. LAMBORGHINI LANCIA. MAZDA. MERCEDES BENZ NISSAN! PORSCHE SAAB TOYOTA VOLKSWAGEN AND VOLVO DISTRIBUTED Bv AUTOACC TRADING PTE LTD TEL r m
      51 words

  • Page 18 Advertisements
    • 491 18 Ol FRASER NEAVE LIMITED (Incorporated in the Republic of Sinppore) NOTICE IS HEREBY GIVEN that the Ninety-Third Annual General Meeting of FRASER NEAVE LIMITED will be held at its registered office, 475 River Valley Road, Singapore 1024 on Friday 14th February 1992 at 10.00 am for the following purposes:Routlne Business
      491 words
    • 2485 18 FRASER NEAVE LIMITED KaH (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of the Stockholders of the Company will be held at 475, River Valley Road, Singapore 1024, on 14th February, 1992 at 10.15 am (or as soon
      2,485 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4027 19  -  By Dexter Lee THE stock market took a breather yesterday after its heady gains last week, and the Straits Times Industrials Index ended 7.12 points lower at 1,525.39. However, the market's underlying tone remains bullish, dealers said, adding that slight drop was a "healthy
      4,027 words
    • Article, Illustration
      75 19  -  By Chew Eng Han Comment PARKWAY HOLDINGS reached a peak of $1.75 on Jan 10, 10 cents short of the target of $1.85. The decline since then has been strong, which does not bode well for the uptrend. Expect a further slide, to support at $1.41. If this
      SOURCE: PONT DATA  -  75 words

  • 2938 20 H Negara 350 +20.7% +60 Horiguchi 25* 70 +6.1% +4 Tuan Sing 25* 46Vj +-4.5% +2 Haw Par 283 +4.4% +12 Inchcape 520 «-4.0% +20 S Land Wt 275 +3 8% +10 Tiger Med 20* 204 +3.6% +7 Singatron Wt 46 +3.4% +|Yi Burwill 10*2000
    2,938 words
  • Page 20 Advertisements

  • 3511 21 Kian Joo 50* 412 10.8% 40 MSB 50« 128 ♦-6.7% *8 GIL US$0.10 75'/; 5.6% +4 Cons Plant 50* 153 M.8% «-7 YTL Corpn 50* 162 +4.5% 7 MTC 78' 284 2.2% 6 MU Mlg 50* 98 2.1% 2 \MDB 50* 55 1.9% f I
    3,511 words
  • Page 21 Advertisements

  • BT SHARE INFORMATION SERVICE
    • 268 22 Company Date Year Group Not Not earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Goodwood Park lan 10 Sep 91 $22,137(121.216) 49 2(47 1) 80(50) H Ms,a Jan 10 Sep 91 $429($1.886) 26(11 4) 15(20) SPH Dec 24 Aug 91 $153,802($133.374) 62 6(54 3) 25(30)
      268 words
    • 134 22 Company Date Year Group pre-tax Nat taming* Gross ann to profit/loss (L) par share dividend (000) (cents) NST Jan 16 Aug 91 M$82.007($80.274) 30.9(33) 20(10) KL Hepong Dec 27 Sep 91 M$85.468($84.804) 15.3(148) 15(15) Pacific Can Dec 24 Sep 91 $138($l,387l) 0 2(—) Van Oer Horst Dec 24
      134 words
    • 475 22 Company Data HaH-year Group pro-tax Interim ann to profit/losi (L) dividend (000) Pegi Msia Jan 15 Sep 91 M$76($3.212) Polytek Oec 31 Sep 91 $4891 ($1,958) Sateras Res Oec 31 Sep 91 M$2,023($462L) FACB Dec 30 Sep 91 M$5.255($4.861) Sel Dredge Oec 30 Sep 91 M$2.391<$579«) imate* Oec
      475 words
    • 290 22 Jan 16 Neptune Orient Lines plans to give up its 10% stake in CWT Distribution as it will have its own warehouse and distribution centre through its wholly-owned subsidiary. Orient Container and Warehousing Services Pte Ltd by next year. Sembawanf Shipyard has successfully tapped investors for $216 m
      290 words
    • 484 22 Current Ex Books Data Total lor Total for payment data dose payable the year last year WS8 50c 121(b) Dec 30 Jan 14 Ian 21 12* 10* Asa Pacific 18*N Jan 9 Jan 21 Jan 29 28*N 26*N A«mo 20c 12.5*TE Mar 3 Mar 13 May 15 17.5*TE
      484 words
    • 191 22 Company Rights Issue Asa f* Land Four torseven <g, MSO 50 per store Ex-date Jan 3 Boo*s dose Ian 17 Acceptance Payment NYA City Det RenounceaMe issue on the basis of one tor ten <a S2 85 per share E»-date Dec 9 Books dose Dec 19 Acceptance Payment
      191 words
    • 505 22 Company Rights Issue Manet Ttch One-tor-one <jj >100 pef share Bait an Issue of $90 978m nominal amount of 35% Redeemable Unsecured Guaranteed Bonds 1991/96 with 45 489m detachable warrants on the basis of 12 nominal amount of Bonds for every three nesting shares held Every $2 nominal
      505 words
    • 192 22 Malaysian Plantations Bhd: EGM at Anggerik Room, Equatorial Hotel, ialan Sultan Ismail. ***** Kuala Lumpur, on Wednesday, Jan 22, at 10am Amalgamated Steel Mfc Bhd: EGM at Room 506, sth Floor, Wisma SPS, 32 Jalan Imtn. ***** Kuala Lumpur, on Wednesday, ian 22, at 10.30 am Central Mistrial
      192 words
    • 118 22 Conversion Special Trdg Scripieu Conversion deadline Period Trading Company starts (I DP) (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 Hldgs Sep 16 Oct 10 Sep 30 Oct 10
      118 words
  • 590 22 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 100. In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100
    590 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5034 23 Bernama. Reuter PROFIT-TAKING took share prices here to a mixed close yesterday but support for quality stocks held the market's indices steady. The KLSE Composite Index at the close added 2.58 points to 572.23. The Industrial Index put on 3.20 points to
      Bernama.; Reuter  -  5,034 words

  • STOCK EXCHANGE OF THAILAND
    • 2187 24 Reuter TRADING in Thai stocks was activc yesterday and spread out in all sectors with finance issues leading gains, brokers said. As a result, turnover rose above the 10 billion baht level for the second day in the 16-year history of the Stock
      Reuter; SOURCE: PONT DATA  -  2,187 words
  • JAKARTA STOCK EXCHANGE
    • 1139 24 JAKARTA'S share index eged up 0.33 points to 251.58 in fairly quiet turnover of just over five million shares. "The market's soft but there's still good interest," one broker said. Japfa, expected to issue a convertible bond, dropped 50 rupiah on a turnover of
      1,139 words
  • Page 24 Advertisements
    • 9 24 Don't miss Executive Jobs in Business Times every Saturday
      9 words
    • 562 24 BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3608 SINGAPORE AIRLINES LIMITED (Incorporated In the Republic of Singapore) LOST SHARE CERTIFICATES The undermentioned share certificates have been reported bet. mislaid or destroyed: C«Mcan No*. No ofShass h he nan* of A *****71 —raw RYOEfI LEONARD EDWARD *****449
      562 words
    • 315 24 THE COMPANIES ACT. CHARTER SO SECTION 291 (1) FORM MA STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES Nam* of Company: HYTECH MARINE PTE LTD Company No.: IM7-024M-W Tha Registrar of Companlaa/ I fit umcui nvcfiwf Singapore We. Barnard Louis Forey 1288 D
      315 words

  • TOKYO STOCK EXCHANGE
    • 2622 25 Reuter TOKYO stocks yesterday dropped to end at their lowest level since October 1990. Thin but widespread selling and futures-linked programs sliced prices while investors sat on the sidelines, though bargain-hunting and shortcovering lifted them off intraday lows. The 225-share Nikkei Average ended
      Reuter  -  2,622 words
  • STOCK EXCHANGE OF HONGKONG
    • 2622 25 Reuter HONGKONG share prices surged across the board on follow-through buying yesterday with the blue chip Hang Seng Index rising 55.58 points or 1.24 per cent to a new closing high of 4,510.47. Brokers said late session profit-taking pared early gains, pulling the
      Reuter  -  2,622 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2392 26 UPI AFTER an early Wall Street driven rally, the share market closed lower yesterday, brokers said. Behind the afternoon sell-off was another slump on the troubled Tokyo market, which at one stage was down 630 points, they said. After trading more than 10 points
      UPI  -  2,392 words
  • REGIONAL STOCK MARKETS
    • Taiwan shares surge on broad front
      • 531 26 SHARE prices soared across the board yesterday, with the weighted index finishing at its high for the day, buoyed by expectations of a domestic oil price cut, brokers said. The index jumped 138.42 points or 2.8 per cent to close at 5,102.64. Turnover was NT553.3 billion against NT533.7 billion.
        531 words
      • 487 26 SHARE prices slipped yesterday as investors opted to stay on the sidelines, anticipating corrections in the market after a sustained rally this month, bro- kers said. The Manila Stock Exchange composite index dipped 0.30 points to end at 1,303.00 from last Friday's close of 1,303.30. Prices held firm as
        487 words
      • 762 26 SHARE prices soared in spirited trading yesterday, with the Composite Index climbing 12.66 points to close at 633.87. Advances overwhelmed declines 662 to 104 among the 820 issues traded. Volume amounted to 27.91 shares worth 397.7 billion won com-* pared with Saturday's half-day session volume of 19.39 million units
        762 words
      • 281 26 A SEVEN-CENT fall in Telecom Corp shares yesterday helped the share market end lower following a session where activity was stifled by a Wellington bank holiday. Telecom closed at NZ$2.3B from a NZ52.36 low after it was reported on Friday that analysts were cutting their forecasts and considered
        281 words
      • 54 26 INDICES TURNOVER Clow Ptwlow Jan 21 NEW ZEALAND NZSE-40 Capital 1,495.03 unav Turnover (NZSmillion) yiyM a 9.20 unav WAnlLA Composite Index 1.303.00 1.303.30 -0.30 Turnover (billion) 1.8 1.97 -0.17 TAIPEI Weighted Price Index S.102.64 4.964.22 138.42 Turnover (NTS billion) 53.3 33.7 19.6 SEOUL Composite Stock Index 633.87 621.21 12.66 Turnover
        54 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1120 27 REPORTS IAStA Tokyo: The US dollar yesterday gained back most of its early losses against the yen and the mark but still hovered below Friday's New York closing levels in late Asian trade. After Friday's intervention by the Federal
      1,120 words
    • 383 27 Cross rates Jan 20 USS SS MS Dm Yen SFr AS NZS US$ 1.6320 2.6870 1.5840 123.50 0.5543 1.4010 1.3477 1.8416 SS 0.6127 1.6464 0.9706 75.6740 0.3397 0.8585 0.8258 1.1284 MS 0.3722 0.61 0.5895 45.9620 0.2063 0.5214 0.5016 0.6854 Dm 0.6313 1.0303 1.6963 77.97 0.3500 0.8845 0.8508
      383 words
    • 539 27 Interbank rates SS Bid Offer Overnight 3 3/8 3 1/2 1-month 3 3 1/8 2-month 3 3 1/8 3-month 3 3 1/8 Overnight mode: 3-1/8 LSS Bid Offer 7 days 4 1/8 4 1/4 1 month 4 1/16 4 3/16 2 months 4 1/16 4 3/16 3 months
      539 words
    • 388 27 Reuter BEIJING The end is in sight for China's "funny money", a special currency for foreign tourists and businessmen that spawned a huge black market. Foreign Exchange Certificates (FEC), invented in 1980, were intended for use by foreigners buying imported goods in
      Reuter  -  388 words
    • 277 27 AFP FRANKFURT Investors looking for high risk and gains are showing interest in devalued "junk bonds" issued by the former Soviet Union against a background of doubt about the capacity of the Commonwealth of Independent States (CIS) to maintain payments, banking sources said last
      AFP  -  277 words
    • 1115 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Mar 92 95.80 95.83 95.80 95.82 2440 ***** ***** Jun 92 95.62 95.66 95.61 95.64 3476 ***** ***** Sep 92 95.31 95.35 95.31 95.34 2160 9436 ***** Dec 92 94.73 94.75 94.73 94.74 1150 3703 4780 Mar 93
      1,115 words
  • Page 27 Advertisements

  • COMMODITIES
    • 631 28 The Economist LONDON A year ago the gold market defied the textbooks. On Jan 17, 1991, when George Bush launched an air attack against Iraq, the price of gold fell by US$27 (Ss44) an ounce. The safe-ha-ven theory was shattered and
      The Economist; Source: Union Bank of Switzerland  -  631 words
    • 838 28 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market closed one sen higher at M$ 14.30 per kg yesterday on some buying support. Dealers said the market held slightly steadier following the firmer London Metal Exchange, which stood at US$4O
      838 words
  • 1373 28 Rubber Jan 20 WAS (fcfc Iw b>te>) S rails/kg Noon Close Int I RSS Prompt I29.25/130.25N 129.25/130.25N Int 1 RSS Feb 92 129.75/130.25 129.75/130.25 Int 1 RSS Mar 131.25/131.75 I3I.2VI31.75 Inl 2 RSS OP I28.0Q/129.00N 128.00/129.00N Int 3 RSS OP I25.00/I26.00N 125.00/126.00N Int 4 RSS OP 123.50/124.50N 123.50/124. SON
    1,373 words
  • Page 28 Advertisements
    • 1492 28 NESS TIMES To<t tr T1 No 737 0Q43 Fax No: 734 3608 THE COMPANIES ACT, CHAPTER 50 SECTION 291 (1) FORM 6SA STATUTORY DECLARATION BY DIRECTOR OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES Name or Company: NISHIO INTERNATIONAL PTE LTD Company No: *****/19SS-D THE REGISTRAR OF
      1,492 words
    • 6 28 Executive Jobs every Saturday in BT
      6 words

  • 1206 29 City Right ETA FM*M ETD Aka DkaM GA974 2245 GA893 1500 GA886 2245 MltoHl SQ228 1910 QF82 2115 Amtarda* KL837 1340 SQ24 0115 GA893 1500 GA974 2245 SQ23 1815 KL838 2325 Auckland NZ35 1530 SQ288 2045 NZ36 2305 ummm* gas 25 uso Bandar Sari BI421 1105
    1,206 words
  • THE TRAVEL PAGE
    • 689 29  -  LETTER FROM BAGHDAD By Bernd Debusmann IN THE chilly morning air, wisps of steam rise from a heated hotel swimming pool, immaculately kept. A duty-free' shop of gargantuan proportions offers abundance worthy of Ali Baba's cave. Spare parts for Mercedes cars, favoured by top officials of
      689 words
    • 152 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2067 1.2231 Canadian dollar 1.4030 1.4340 NZ dollar 0.8766 0.9123 Sterling pound 2.9273 2.9700 US dollar 1.6280 1.6330 Local dollars to 100 units of foreign currency Austrian schilling 14.20 14.33
      152 words
    • 75 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Feb 14-23 International Turin, Italy Toono *****569 1992 Trade Fair for Germany International 1992 Fair of Holidays Esposizioni the Hotel. Tourism Sports S.p.A Catering and Feb 18-22 Heating A Sanitary Utrecht. Koninklijke ********** Confectionary 1992 Contractors Netherlands
      75 words
  • Page 29 Advertisements
    • 41 29 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 start to Finnish.
      41 words
    • 24 29 Difficulty in getting a copy of Her World, Go, Singapore Business, Home Decor, Young Parents? Call our Hotline 749-2577 for locations of nearest newsstands.
      24 words
    • 15 29 F\ EBELLIOUS j IbSIBBCBI' jjpiiig, i e speaks; |M; distance interview #BHHL a sell-out MONDAYTOSAMDAYjj
      15 words
  • Page 29 Miscellaneous
    • 164 29 (Q) 28 Dimensions of the old 6 P ub, »c declaration of a 24 The last letter to Nina I shelter (6) clear roun d (9) composed in bed (6) 29 Then I'd gallop round the 7 Inebriated, see it's an awk- YESTERDAY'S SOLUTION field with the others fol- waf
      164 words
    • 157 29 Singapore Outlook: Fair and windy. Report Maximum temperature 30.3 Assoc humidity 64% Minimum temperature 23.9 Assoc humidity 86% Hours of sunshine 10.65 Rainfall in mm Nil Rainfall this month 70.1 Rainy days this month 7 World report Asia-Pacific Hi/Lo* Cond. Auckland 24/17 Cloudy Bangkok 33/19 Showers Beijing 00/-9 Sunny Brunei
      157 words
    • 27 29 I'm $fVSK>NO IN "TV4e TV4OUGMT THfcT SOTO£ON£ UV 4P<r do nou me*N, rmj Mrs me oh m>s compi/ieg Vfi HO6QDV a- 8594 ASSOCIATED NfWWMtM LTD IM2-IM2 &C&4-*
      27 words

  • 413 30 2,283 to vie for 400 seats in Parliament Reuter JAKARTA Indonesia yesterday announced candidates for June's general election, including children of both Indonesia's presidents, its only official sultan and many businessmen, artists and intellectuals. Political analysts said they hoped the nominations would breathe
    Reuter  -  413 words
  • 253 30 Agencies ULSAN, South Korea South Korea's largest car factory remained under the control of militant workers for the sixth consecutive day yesterday after new talks between managers and union leaders failed to end the confrontation. "The two sides failed to narrow any differences. The
    Agencies  -  253 words
  • 314 30 Agencies MOSCOW Demonstrators protesting against rising prices, and shortages, assembled in the centre of Vladivostok in far eastern Russia yesterday, Tass reported. Waving signs reading "We support the market economy, but not prices which kill us", and "We want bread, not queues", the
    Agencies  -  314 words
  • 224 30 AFP NEW YORK American President George Bush plans to order a 90-day moratorium on all new regulations as part of an economic recovery programme to be unveiled next week in his State of the Union address, The Wall Street Journal said
    AFP  -  224 words
  • 195 30 AP KOMPONG THOM. Cambodia Heavy fighting in a northern Cambodian province has wounded many civilians and driven about 10,000 people from their homes this month, Cambodian Red Cross officials said yesterday. The fighting in Kompong Thorn appeared to be one of the most
    AP  -  195 words
  • 803 30  -  The Bottom Line SREE KUMAR SREE KUMAR The writer is a fellow of the Institute of South-east Asian Studies. The views expressed are entirely his own IT SEEMS an odd fact. But then the world has never been a place where everything fits
    803 words
  • 427 30 Agencies TUNIS Arab nations involved in Middle East peace efforts will gather in Morocco this week to discuss the future of the talks, PLO chairman Yasser Arafat said last Sunday even as Israel opposition leaders called for the suspension of the peace talks.
    Agencies  -  427 words
  • Page 30 Advertisements
    • 292 30 t Singapore's most popular Nitsuko l Key Telephone System J ZARINA INDUSTRIAL PARK MALACCA, MALAYSIA A PARADISE FOR INVESTORS INDUSTRIALISTS Zarina Industrial Park (ZIP) IZZZZ cr***-, Larger plots can also be will be the Premier Industrial acquired through the Park in Malaysia and when fully Vw amalgamation of the developed
      292 words
    • 19 30 Conference to tackle c'wealth aid delivery, Pg 9 US inflation appears tamed but Fed still keeping watch, Pg 9
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    • 110 30 SINGAPORE com GS Distributor of the most sought after Key Telephone System HP, Tel: *****88 J 70 Anson Road FREEHOLD Office Building fc fMb •20 tevote of s,rata officB tota n Q 8.390.93 sq m(90.320 sq ft). If jfe Strategically located at the junction of V ill Anson Road and
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  • Shipping Times
    • 389 31  -  By Rahita Elias SINGAPORE Intrans Warehousing Distribution Services' new warehouse, which will be ready by February 1993, is expected to boost its revenue about 20 per cent to $12 million during its first year of operations. Glenn Rodriguez, Intrans' managing director, told
      389 words
    • 205 31 AFP THE HAGUE The Dutch Transport Ministry announced on Sunday that Dutch and South African aviation authorities have reached agreement in Pretoria on increasing the number of flights made by Dutch airline KLM to South Africa and on the possibility of charter flights during vacation periods.
      AFP  -  205 words
    • 281 31  -  By Dexter Lee SINGAPORE Keppel Shipyard has completed the $30 million conversion of the Skua Venture from a turbine tanker into a floating production, storage and offloading (FPSO) facility. In a statement yesterday, the Keppel Corp subsidiary said that more than 120 tonnes of underdeck
      281 words
    • 155 31 AFP PARIS French firm Dassault Aviation has put in a bid with the United States' General Dynamics Corp to buy the latter's Cessna subsidiary, Dassault sources said over the weekend. Last November, Dassault Aviation's vice-president for financial affairs, Charles Edelstenne, said he was interested
      AFP  -  155 words
    • NEWS SUMMARY
      • 42 31 EVEN by its own cut-throat standards, the aero-engine industry has been going through a particularly rough patch during the last few months. Paul Betts discusses the pressures which may force three traditional rivals to collaborate Page 2
        42 words
      • 45 31 A Tennessee congressman has called for an investigation into why a Japanese Firm was awarded a US$l2l million rail car contract over a US firm that submitted a lower bid and promised to create more jobs Back Page
        45 words
    • LOG BOOK
      • 172 32 CHICAGO GATX Corp said it expects 1991 earnings to be roughly the same as the US$B2.9 million (*****.8 million) earned in 1990, but per share results may show a slight decrease because of an increase in shares outstanding during 1991. The Chieago-based
        172 words
      • 84 32 BOISE, Idaho Morrison Knudsen Corp said on Friday it had won a US$24 million contract with a Kuwaiti jointventure partner to rebuild a war-damaged air base for the Kuwaiti government. Morrison Knudsen said its emergency restoration work at Ahmed Al-Jaber air base with Kuwaiti firm Mohamed
        84 words
      • 71 32 SEATTLE Alaska Air Group Inc's Alaska Airlines said it plans to begin service to Barrow, Alaska, on March 2. Expanding an existing low-fare promotion, Alaska Air will offer a US$276 round-trip fare for the Barrow-Anchorage route, and US$l99 for the Barrow-Fairbanks route. The low
        71 words
      • 126 32 ANCHORAGE Mark Air Inc, the Anchorage-based airline that plans a public offering to finance its expansion, was awarded a US$5.6 million (559.24 million) contract to provide cargo and passenger services for Elmendorf Air Force Base, the Alaska Congressional delegation said on Friday. The flight service will
        126 words
      • 76 32 LONDON Britain's navy said on Sunday it has started a six-month study to sec if women should serve on submarines. The feasibility study will undertake medical and psychological studies, but will not involve sending women on board for tests. It will also draw on lessons from
        76 words
    • 814 32 Rates for panamax vessels continued their climb on Friday as the Baltic Freight Index was marked up by six points to 1,531, brokers said. US Gulf/Japan grain was fixed at U5526.40 basis one combination port with the corresponding BFI sub-index rising to U5525.75 from U5525.43. A transpacific grain
      814 words
    • 888 32  -  Paul Betts discusses the pressures which may force three traditionally rival aero-engine manufacturers to collaborate Paul Betts FT A BIG SIGN greets the visitor in the modern Cincinnati office block where General Electric is developing its new US$l.5 billion (552.48 billion) GE9O large commercial jet engine. "We
      FT  -  888 words
    • 149 32 Rolls- royce will offer its Tay 670 engine to power the McDonnell Douglas MD-95 twin engine airliner. This follows an agreement between the UK engine maker and the US aerospace group. The new Tay 18,000 lb thrust engine is expected to be certified in
      149 words
    • 854 32 Pa«e Col ABC Containerize 12 I Accord Group 8 1-3 APL 5 3-5 A PC Line 13 5 Arrow Inter 9 4 ASCL 5 9 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 18 1 Bangladesh Shpg 8 5 The Bank
      854 words
    • 3349 45 A xTLBC Cootainerilne NV: Bclsin Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pie Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Cal source Shpg A Trdg Pie Ltd (S) Ahrenklel Liner Service: Kjm Shpg A Trdg (S). Mbatroa Sea-Air Service: Frata
      3,349 words
    • 258 45 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844 Fax: *****16, *****80. Arnwift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. Cluster Link Supplies A Services
      258 words
    • 1525 45 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aeroiink Freight International Tel: 545-8031 Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50. Air
      1,525 words
    • 3060 46 ARGENTINA Buenos Aires: Port very busy with general cargo berths regularly available. Both Fiscal warehouse and open container yards are not adequately coping with the current volume of import cargo therefore the storage of these cargoes is sometimes delayed. San Lorenzo: Port busy with four vessels operating of
      3,060 words
    • 554 46 ARRIVALS Op Flight Type ETA T From TODAY NCA KZ203 B747F 0145 1 NRT KAL KE697 B747F 0150 1 SEL JAL JL617 B747F 0345 1 TYO SIA SQ835 B747F 1125 2 BSL/DXB RJA RJ024 B707F 1900 1 AMM/DXB CLX CV796 B747F 2115 1 LUX/AUH/KUL TOMORROW AZA AZ997
      554 words
    • 1414 46 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Sapphire: 16,867 dwt and built 1977 Imabari and Gonosan 16,913 dwt and built June 1977 Imabari. brokers trying for USS4 million each. Proa: 18,062 dwt and built 1977 Onomichi, on offer for USS4.2 million. Chilkoot Pal: 18,536 dwt and built Dec
      1,414 words
    • 702 46 CRUISE FERRY SCHEDULES Arr Pep Name of Vessel ETA ETD Ports of Calb Port Agent JAN 21 21 Cora Princess 1000 1800 Sin-Jakarta Sembawang Johnson 22 23 Azerbaydshan 1000 1800 World Cruise S'pore Soviet Shipping Co 22 22 Royal Pacific 1100 1930 Sin-Phuket Ocean Trade Chartering 22 22 Aurora 1600
      702 words
    • SHIPS IN PORT
      • 607 47 tutt Voy Wo Berth Armal Departure Vmel Voy No Birth Arrival Departore Marina Terminal 1 Sembawang Terminal 8atan Mum *****2 M05 alongside 2001/2300 Al F U( a.rah 101 S01 ator«Mle 2101/2300 Batam Sayang *****2 M04 ator*side 21.01/0500 Fort 1/92 S03 alongside 23.01/0800 Batammdo I 149S M02 20.01/2100
        607 words
      • 97 47 Kmwtan Port In the roads: berth 1A: KD Kris, KD Panah, KD Sundang, KD Tanjung; 1: Magda P; 2: Yang Cheng, 3: Sang Thai Power; 4: Iran Ekram. Pafcn oi berth outer ml. Palm oi berth mar ml. Mnerai oi berth: ml. Service jetty: Thai Ho No
        97 words
      • 919 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boofac/Batanc* Rsfts Ship Voy No Etb/Btr Period From To From Ace Concord 25W 22/1500 1 20/1500 20/1659 20/1900 2 20/1700 21/0659 21/0900 3 21/0700 21/1159 21/1400 4 21/1200 21/1459 21/1700 -AO Jade 68A 22/1800 3 21/0700 21/1159 21/1400 4
        919 words
    • 6473 48 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      6,473 words
    • 245 50 Reuter STOCKHOLM Scandinavian Airlines System declined comment on news that its Swedish part-owner AB Aerotransport (ABA) was considering merging SAS with Swedish domestic airline Linjeflyg AB. "This is a question for our Swedish owners to decide and actually to comment on," said SAS
      Reuter  -  245 words
    • 413 50 AFP WASHINGTON The Organisation of American States will meet today to discuss recent violations of the embargo on Haiti as diplomats search for ways to resolve the political crisis in Port-au-Prince, sources said on Sunday. Diplomatic sources said countries accused of breaking the OAS
      AFP  -  413 words
    • 399 50 Reuter PARIS State-owned Air France broke even at the operating level or might even show a small profit in 1991 after making heavy losses in 1990, airline chairman Bernard Attali told a news conference. The improvement, plus cash from asset sales, meant its second
      Reuter  -  399 words
    • 555 50 UPI LOS ANGELES A Tennessee congressman called on Sunday for an investigation into why a Japanese firm was awarded a US$l2l million (S$ 199.65 million) rail car contract over a US firm that submitted a lower bid and promised to create
      UPI  -  555 words
  • Page 31 Advertisements
    • 200 31 1 a f Welcome aboard the Harbour Lounge, a V* I Ay popular port of call with key personnel of the J the Maritime Trade. Meet your counterparts and associates for excellent f networking or simply to have a great time. fj A fabulous programme has been 1 i Mll\
      200 words
    • 191 31 NedHoyd FAR EAST TO EUROPE/ MEDITERRANEAN CALL: 221 8989 SEESA ■M FIRST FOR SMGAPOfIE (see Nedlloyd Lines jk Then it's time you got to I I know Nedlloyd Lines; one vJ 111 of the world's largest shipping companies. And the most innovative, T SJT We ensure that your goods are
      191 words
    • 51 31 A* Forwarders IS A» Frwght SctwJufc 16 Container Schedule 17 Cower Services 15 Cruse Ferry Schedules 16 (My FrefMs 2 indej to Advertiser* 2 Port Condrtnns 16 Shwng Agents 15 Shppmg Gude 18,19 Shpsaies/Tanfcer Rates 16 Shis m Port 17 Smgapore Tides 17 Transport Diary 3 Weather and Sea Corefctons
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  • Page 32 Advertisements
    • 111 32 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and 1 relevant book reviews. fx I Si ENTERPRISE MANAGEMENT, in -U Business Times every Monday, is must v* reading for managers who want the I
      111 words
    • 158 32 Urm Ut4 MrvieM rayrMMM Mirtw «f tkt tegtetvy «f *cWm Hi t I, thißßim MiHißj UmWM> p|M ftmciitlti or advertising enquiries, contact Shipping Times: W 740-2089/740-2090. ■^VpggPiM^^^Hß y ''^wMjy v 12 Scaipel...scissors._sutures._ Business Times Whether you're surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need
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  • Page 33 Advertisements
    • 2470 33 h OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES A |l|| A All If# BOOKINGS TEL: *****234 *****58 ■MIIIIM TERMINAL/CFS TEL: *****218 220 rBfIMTI PESAKA JARDINE SHIPPING AGENCIES SON. BHD. WW J PORT KELANG TEL: *****18 FAX: *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Quality Service
      2,470 words
    • 1764 33 TRANSPORT DIARY Keb 21-24: Air Traffic Services in the 21st Century 4th Symposium, jointly organised by Civil Aviation Authority of Singapore. Federal Aviation Administration. USA, Department of Civil Aviation. France and State Institute for Air Navigation, USSR at the Rattles City Convention Centre. For further information please contact Singapore Aviation
      1,764 words
    • 1477 33 TWO SAILINGS TO USA SEALAND MARINER VI2BE ETA SIN 27/1/92 MAYVIEW MAERSK V 9202 ETA SIN 28/1/92 VnM Voy ETA ETO Feeder by WortdLynx/ DESTINATIONS Johanna 10 This weak Madiaon Maerik 9202 CY 22/***** mrs Port CFS 21/1 2100 MRS Keiang Penang OAK LOB HOU MEM ATL MIA CHS BAL
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  • Page 34 Advertisements
    • 1409 34 RDTTP DAM/t VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE HANNOVER EXPRESS 06/302 21/1 5/2 7/2 10/2 11/2 MpPR KURAMA 14/103 23/1 15/2 11/2 10/2 liMa FRANKFURT EXPRESS 60/303 26/1 12/2 14/2 17/2 18/2 KASUGA 1 19/104 30/1 22/2 18/2 17/2 l g* DRESDEN EXPRESS 03/304 2/2 1«/2 21/2
      1,409 words
    • 729 34 SEASPAC SERVICE DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT U BONTANQ 3106 EB 27-24/01 11/02 14/02 10/02 IMPERIAL 3202 EB 23-28/02 12/03 15/03 20/03 Tranaft Tim* (13) (16) (22) ALSO ACCEPTM6 CARGO MA SUVA TO: LAUTOKA. MOO PAGO. APIA, NUKUALOFA. P. MU FASTEST SERVICE TO CWLE/POttJ SIN lOQ ANF
      729 words
    • 1532 34 1 MW REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE S /¥OY S» ALG BCI HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA AL6) KMI) tOT) 9145 3 21/01 12/02 14/02 17 2 19 2 18/02 20/02 19/02 20/02 "J™* I**",1**", 27/01 17/02 19/02 22/02 24/02 23/02 25/02 24/02
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  • Page 35 Advertisements
    • 1988 35 H STRAITS SHIPPING PTE LTD 15 Ho* Chiang Road #09-01 Sanford Building Slngapora 0208 Tel: *****88 Fay: *****17 ACCEPTS OUT SAILS CARGO SPORE B'KOK STRAITS VENTURE VOX Mu*r>. Lab. KK In Part 22 lan PEGASUS PROGRESS V.701N 21-22 lAN 25-26 JAN L J b in I* ,n INGENUITY V.167N 11
      1,988 words
    • 2315 35 f SINGAPORE AGENT: P&O 11|QfC P&O Container. (Singapore Agencies) Pte Ltd 9k A 9 15 Hoe Chiang Road #08-02 to 06 Sanford Bulldlnfl, Singapore 0208 Si Tel: 225 2233 Telex RS ***** PNOCSP Fax 225 5327/222 7517 w CR Number: **********0Z EXPORT IMPORT v f** BL VOV "WO -«CO WN
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  • Page 36 Advertisements
    • 463 36 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES 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 Subfcct to lnduc*m«fit. Alao accepting cargo to Casablanca, Port Said, Port Alaiandria, Qonoa, Triaata. ALSO ACCEPTING
      463 words
    • 1406 36 (g) HANJIN SHIPPING"] FOR VSL I SIN I LINE HAUL LGB OA* FM VSL SIN I LINE HAUL SAV HM NYC HANJIN LONGBEACH 036E 25,1 MECT 16 19/2 FISHGUARD BAY 10(N 21:1 M PROSPERITY 020E 5/3 6/3 1/3 HANJIN ROTTERDAM 017E 3 2 DIRECT 24, 2 27/2 HANJIN CMEJU 07K
      1,406 words
    • 1255 36 d-1 d I HI M *1 I* lit M it W Ntl Jt W HI t« W «IC IW T» H M I e GMNT «(M 22/1 21/1 21/1 20/1 11/1 1/2 4/2 4/2 7/2 1/2 It/2 21/2 4/3 4/J I/I 17/) U/J lt/3 24 3 22/1 1/4 11/4 15/4
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  • Page 37 Advertisements
    • 1906 37 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 UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 RMf NEPLINE SDN BHD MALAYSIA K.L-(03)
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    • 1008 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: ******5 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUFCOSCHAPGWC WESTBOUW-LOWWG gggfTfjLMggßß? wntis wy |aw |n» teic wy |s» |w» |«c |n [tin
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  • Page 38 Advertisements
    • 1621 38 V M ft AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: 12W*****00M) W W V A TEL *****77 TELEX; KAWAKIRS23I6S FAX: *****07/8/9 m M MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD *JL TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUTINTERNUSA TEL:
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    • 1135 38 PHiu omm lincs pt€ ltd 4% 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 OflO BY AIR, LAND OR SEA.... JfflSr WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION {JumjuJMmmzwAitmmotmiMcmc HHWh 30 JAN SYDNEY. MELBOURNE. BRISBANE, FREMANTLE 27
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  • Page 39 Advertisements
    • 1108 39 PACIFIC INTERNATIONAL LINES (PTE) LTD g m IfliPll. Building, 140 Cecil Street #0340, Singapore 0106. CR NO: **********0E [JAKARTA J [BANGKOK VESSEL VOV SIN BKK SIN VESSEL VOY SIN JKT SIN „OABUB PROGRESS 701N 22/1 2S/1 29/1 EQUATOR MAS 33N 22/1 24/1 29/1 KOTA PAHLAWAN KPL2O4 23/1 2S/1 30/1 BUNGA
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    • 803 39 EacßenV F CLASS CONTMNIR TRANSPORT FEEDER VESSEL PENANG~ P KELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) ANSON/TBN 17/1 18/J NIHON 2022 22/J 812 9/2 11/2 12/2 ANSON/TBN 24/1 25/1 BENARTY 2032 28/1 14/2 16/2 17/2 19/2 ANSON /TBN 31/J 1/2 ALSIA 2042 4/2 21/2 23/2
      803 words
    • 410 39 BINTANG MAS SHIPPING PTE. LTD. 39 NEL ROAO SMGAPONE 0201 TEL ******1 TU: *****95 SMMER FAX: *****04 ACCEPTS PORTS Of STONE CARGO DCSTVUTIOMS MERCURY PEARL VO2E 23 24 Jan Daly Muar*. Labuan. KK BMTAMG SERIA VO3E 24 25 lan DUy Bmtuki MM. KBeia* MERCURY MK VO2E 30-31 lan Daly Muara.
      410 words
    • 475 39 M MYANMA wß*k FIVE STAR UNE w (Myanmar National Una) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gdf MERGU VIUW 22/24 tan tn **1 HP* AN VI73W 1/10 Fab A*A VU2W 8/1 Fab PAGAN VI79W 12/14 Fab THE BANK LINE (A Mrvtc« o< Andraw W*4r Shipping) \\r SEfcM-CONTAINER SERVICE HEAVY
      475 words

  • Page 40 Advertisements
    • 476 40 ADVERTISEMENT SINGAPORE W&COMES ONE OF THE WORLD'S LARGE9 ON HER MflfaV VOYAGE II 1 |l fl jrt lUlV zjSj^ZpB^jBBzZfc^' tii« flEIjBI^^^BI^^^llM^^Bri_jHB'^' "^^Ti^HB =^r ~^^T^^i^ T '"tj| 1 i 1 In fir "■■■iir ~'"B^^i lf^1l -^lBt II WHB~ —***MMl.'.-1.-'~rl —1 1 II WRl 1) Jj M i^l aii ■BBSB\ Br*"' —SI^HHlHBlBr^'w^P^B
      476 words

  • Page 41 Advertisements
    • 643 41 IE HMD'S LARGEST CONVUNER VESSELS MAM VOYAGE >^$^c r fSUsj <**%»- 1 BIPWWB iiM -BE' fW _|l Ji 1 JMBM M -I.. Wjp-Jl |x«*H.r Mi VjHH^^n^.,,| mp~r nil ■Ki u>M<7 I tA **c n J -> -~1 IBS IH p |H M 1 VI H g£| rn f A V
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  • Page 42 Advertisements
    • 760 42 TO AUSTRALIA/NEW ZEALAND 5" f'«" S»d lAuck Ink If CHAIM «TW««N ?I5 2/2 1/2 14/2 It/2 24/2 mT? MMTHA I 2« 2»/2 J/3 10/3 13/3 19/3 2175 lU£* lUNG 21/ 12/3 H/J 24/3 2775 TJT~ T5 MUSSU 2U 5/4 12/4 li/4 l»/4 2V4 TtJt TO USA/CANADA fS |GuN rwljCharintan |fMU<Mpi<u
      760 words
    • 446 42 TSKLINE introducing direct calling to YOKOHAMA every Friday from "ACX Violet Voy No: 3B" ETA Spore: 23 JAN '92 to serve you better (Also accepting FCL to Bangkok/China/Osaka/Moji/ Hakata/Hiroshima/Shibushi/Naha/Sendai) WEEKLY CONSOLIDATION BERVICEB TO:— MEDJTERRANEAN ROTTERDAM 26/1 GENOA 24/1 HAMBURG 26/1 BARCELONA 24/1 ANTWERP 26/1 MARSEILLES 24/1 LE HAVRE 26/1 LIMASSOL
      446 words
    • 229 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA TO SWK PORT KOMS PEMM "K 30/1 27/1 iMdmt lor Mate ■U»AI HUDHU 30/1 Loatat tor Calcutta DOLPHM 10/2 Loadmi For Malt nam supreme »/i Loading For Male 00MJ0LM 31/1 Loaded For Fekwaru PROGRESS UWTT 10/2 Loadini lor Yanfon mm
      229 words
    • 1536 42 Ifto f St 5-J p CHINA OCEAN SHIPPING COMPANY I FULL CONTAINER LINER SERVICE I I ruf2r S r2Jn cuioouur com oun SHGAPORE'S GENERAL AGENTS amnesia s ments IKL TEL: 4425W1/I7 FAX: *****)2. ***** COSTAR SHPPING PTE LTD PT. GLOBAL PUTRA t. HUM IB.: mm IU: nn JIM) Id 22tu00/n«H33
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  • Page 43 Advertisements
    • 627 43 (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S'PORE 0207 *Sr HOT LINE *****33 (24 LINES LIMASSOL/PNtEAUS 26/1 ROTTERDAM 26/1 HAIFA/ASHDOO/ALEXANDRIA 26/1 HAMBURG/BREMEN 26/1 MARSEILLE/FRANCE 26/1 FELIXSTOWE/UK 26/1 BARCELONA/SPAIN 26/1 LEHAVRE/ANTWERP 26/1 GENOA/ITALY 26/1 GOTHENBURG/SCANDINAVIA 26/1 LOS ANGELES/WC/IPI 26/1 SYDNEY/MELBOURNE 25/1 NEW YORK/EC 26/1 FREMANTLE 23/1 VANCOUVER 26/1
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