The Business Times, 29 January 1992

Microfilm: NL17796
Total Pages: 48
1 48 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 Wednesday, January 29, 1992 75*
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  • NEWS SUMMARY
    • Article
      IBM gets green light to buy stake in France's Bull
      65 1 PARIS The French government has chosen IBM of the US as a partner for the stateowned Bull computer group through a stake of 5.7 per cent, Prime Minister Edith Cresson said yesterday. IBM will be the second foreign computer maker
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    • Article
      Taiwan to take in workers from China
      59 1 TAIPEI Taiwan, opening its doors wider to China, plans to let mainland Chinese work on the island for the first time in over 40 years, officials said yesterday. The move would ease the island's severe labour shortage and support economic growth, said Chao
      59 words
    • Article
      St Honore eyes region
      32 1 HONGKONG-based Saint Honore Cake Shop seeks to open seven shops in Indonesia and six in Malaysia within five years and Singapore will be its regional headquarters. Page 4
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    • Article
      Okawa moving in
      25 1 JAPANESE developer Okawa Corporation will spend up to $150 million this year to start up several property projects in Singapore Page 4
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    • Article
      Wanted: investors
      28 1 FOLLOWING the postponement of several projects last year to rein in foreign commercial loans, Indonesia is now seeking foreign investors to build oil refineries. Page 8
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    • Article
      Aussie focus on region
      29 1 THE Asia-Pacific region will feature prominently in a major economic statement being prepared by Australian Prime Minister Paul Keating and his key ministers Page 8
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    • Article
      East-West talks
      32 1 GERMAN Economics Minister Juergen Moellemann has proposed that Group of Seven economic ministers meet counterparts from East Europe and four former Soviet republics to discuss their economic policies Page 9
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    • Article
      A year of change
      25 1 THE YEAR 1991 proved to be as much a year of change for the legal profession as the courts Page 15
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    • Article
      Nedlloyd's Viet move
      32 1 NEDLLOYD Lines has arranged with Gemartrans (Asia), its general shipping agent in Vietnam, to form a dedicated sales unit to market the carrier's services there. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      29 1 WALL STREET opened higher yesterday, with the Dow Jones index of 30 blue chips rising 3.57 points to hit 3,244.18 five minutes after the opening bell rang.
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    • Article
      Footsie higher
      29 1 LONDON share prices were higher at midday yesterday. At about 1220 GMT, the broadbased FTSE 100-Share Index was up 5.7 points, or 0.2 per cent, at 2,545.6.
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    • Article
      Maybank earnings up
      31 1 GROUP net earnings for Malayan Banking Bhd jumped by 71 per cent to M$ 133.03 million (*****.17 million) for the six months ended Dec 31, 1991 Page 5
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    • Article
      KIO sells stake
      30 1 THE Kuwait Investment Office (KIO) has sold its entire 10.06 per cent stake in Malaysia's Cycle Carriage Bintang Bhd, but the buyer's identity is unknown Page 5
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    • Article
      Khoo speaks up
      30 1 MALAYAN United Industries Bhd's chicf Tan Sri Khoo Kay Peng says he is not negotiating for the sale of his holdings "at the present time" Page 3
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    • Article
      Record Merrill profits
      21 1 MERRILL LYNCH has unveiled rccord profits of U*****.1 million (551.139 billion), the highest in its history Page 7
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 743.80 -1.46 Kuala Lumpur ....569.84 -0.71 Tokyo 21,390.52 +383.41 Hongkong 4,586.33 +31.6 Sydney 1,625.9 +14.7 Vfoaday Chance New York 3,240.61 +7.83 London 2,539.9 +29.5
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    • Article
      CURRENCIES
      23 1 Exchange rates USS S$ 1.6350 100 Yen SS 1.3038 MS SS 0.6145 Money market rates Overnight 3 -1/4 3-montn 3 3/8 unch
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    • Article
      COMMODITIES
      35 1 London Grid AM fix USS356.30 US$1.45 Rubber S'porc Feb 130.00*/kg +1.5 M'sia Feb 2l4.00'/kg unch KL Tin Turnover 42 tonnes -45 Spot M$14.2Q/kg unch Crate pal" Turnover 345 lots -7 Mar MJ909 /tonne I
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  • Article, Illustration
    Grouping launched in new directions
    759 1  -  Fourth Asean Summit By Our Summit Team SINGAPORE The Fourth Ascan Summit ended yesterday with Ascan heads of government launching the six-member grouping in new directions to meet the changing global economic and political order. The most significant decision, as expected, was an agreement to
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  • Article
    Hopewell, YTL close to M$3b power station deal
    418 1  -  By Chew Eng Han SINGAPORE Hongkong's Hopewell Holdings Ltd and Malaysia's YTL Corporation Bhd arc closc to clinching a multi-billion dollar contract to build a power station in the state of Trcngganu in Malaysia. Estimated at more than Ms 3 billion (551.84
    418 words
  • Article
    Lock icon Bush to announce programme to fight recession
    383 1 Agencies WASHINGTON President George Bush has consulted with Republican Congressional leaders about his State of the Union speech and budget blueprint as aides reversed course and sought to lower expectations. "If expectations tomorrow arc reasonable, the president will meet them," White House press
    Agencies  -  383 words
  • Article
    Lock icon Tokyo sees 3.5pc economic growth
    200 1 AFP TOKYO Prime Minister Kiichi Miyazawa has reaffirmed Japan's economic growth target of 3.5 per cent in the next financial year, despite mining and manufacturing output posting their lowest growth for five years in 1991. The Ministry of International Trade and Industry yesterday released the
    AFP  -  200 words
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      205 1 r.l'.M IWiNsiiu-ss Svvlinis »s» I'll- I t<l brother We're at your side. HgHiSS RneWW™ Aircraft Schedule 29 Money Changer Rales 29 World Stock Markets 26 Commodities 28 Money Market 27 Company News 5.6 Regional News 8 Cryptic Crossword 29 Regional Stock Markets 25 For market wtees editorial Editorial 10 SES
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      161 1 MARUMAN SOLE Conceived with the advice ml professional* to take your (wm to |mtor lengths WINNING FORMULA (H)niaruman Sdi««>« Grand'BigH'tn Pte Ltd Ttl: *****78 Seriously, Afta means business now, Pg 2 Call for firmer ties in security matters, Pg 3 Jakarta removes last hurdle to Afta, Pg 3 Kditorial, Pg
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  • FOURTH ASEAN SUMMIT 1
    • Article, Illustration
      Seriously, Afta means business now
      723 2  -  The language may be legalese, but the intentions are crystal clear, says Kenneth James Kenneth James SINGAPORE Like most official documents, the name is a mouthful: Agreement on the Common Effective Preferential Tariff (Cept) Scheme for the Asean Free Trade Area (Afta). Like most official
      723 words
    • Article
      Businessmen and investors to benefit most
      404 2  -  Loh Hui Yin finds out what benefits are packaged under Afta and what wider scope the agreement offers Loh Hui Yin SINGAPORE Businessmen and foreign investors will be the main beneficiaries of the bold agreement signed yesterday by Asean heads of government to turn
      404 words
    • Article
      Links with other groupings possible
      243 2 SINGAPORE Forging links with other regional groupings such as the North American Free Trade Agreement and the Single European Market arc exciting possibilities that could arise from Ascan's new impetus in economic cooperation. Provision for this was covcrcd by the Framework Agreement on Enhancing Ascan
      243 words
    • Article, Illustration
      Call for firmer ties in security matters
      600 3 But Asean will remain a non-military grouping SINGAPORE Asean, which used to fight shy of discussing security issues, took a new road when its Fourth Summit ended yesterday with a clear call for boosting cooperation in security matters. The Singapore Declaration that was
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    • Article
      Bush sends best wishes to Asean leaders
      138 3 SINGAPORE Asean leaders have prepared their countries and their region to address the challenges of a rapidly changing world, says United States President George Bush. In a letter to Singapore Prime Minister Goh Chok long yesterday, President Bush said: "We in the United
      138 words
    • Article
      Economic accord welcomed by region's business leaders
      523 3  -  But implementation will take time, they say From Our Regional Correspondents BUSINESS leaders around the region have welcomed the accord reached on economic co-operation at the Fourth Asean Summit. Most note, though, that implementing the agreements will take time and some adjustments by
      523 words
    • Article, Illustration
      Jakarta removes last hurdle to Afta
      440 3 SINGAPORE The "last wrinkle" in setting up the Asean Free Trade Area was removed during the Asean Summit when Indonesia agreed to the inclusion of capital goods in Afta, said Indonesian Foreign Minister Ali Alatas. Speaking to reporters after the closing ceremony of the
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    • Article
      How EAEC may be realised
      179 3 SINGAPORE Indonesia feels that the Malaysian concept of the East Asian Economic Caucus could best be realised within the AsiaPacific Economic Cooperation forum. "That's one idea we have," Indonesian Foreign Minister Ali Alatas told reporters yesterday. Asked what stage the discussions on the EAEC issue
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    • Article
      Concept to be sold to non-Asean nations
      289 3 SINGAPORE Asean will now sell the concept of the East Asia Economic Caucus to non-Asean countries in this part of the world, Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad said yesterday. Whatever can be done to advance the EAEC will be done
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      143 2 W IF YOU THINK I PROPERTY FINANCING RATES HAYE HIT ROCK BOTTOM, I I I 9 i I JT j| 17infl CjTTITtT? Right now, with interest rates at the lower IVAaaaaJul kJ/ ILJ AHJm end, we've found you the way to keep Y /fNjfTfa if y them there. If you
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      Page 2 Advertisements Column 2
      253 2 BUS I NESS T I M E S Toll free Tel No 737 0043 Fax No: 734 3698 International Purchasing Office I Well established US telecommunication company intends to set up IPO In Singapore. Responsibility: Hill To set up and run the IPO independently Co-ordinate the development of new project
      253 words
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      19 3 Summit reports by Vang Razali Kassim, Kenneth James, Ix»h Hui Yin, Chuang Peck Ming, Harish Mehta and William Chia
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      Page 3 Advertisements Column 2
      53 3 Kb BBIa E£ H|. JBP 9 eL_3»B®PF "i iRr J^8H..:...-.-l >.>v;f *_H---Sffllsß I I I 'JH I vM|HOR|[ le| i..f-' ;r :^B^m f gentleman GIVE N C H Y SINGAPORE BOUTIQUE #01 12 THE PARAGON 290 °JJ ANG 'H^M'243%m'COPNEW METRCWAVA A?WK|T METKKXIAV'A'AT^CITY SOUARE STO*.PIMAMOHIMZW JAIANKueAHMAKAMDOAJAKOfA DEPT STORE CENTREPOtNT SABAH '■arimarcc
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        Air service agreement
        60 4 ~SINGAPORE and Indonesia agreed to a new air service agreement yesterday. The agreement allows Garuda to fly _,from any Indonesian city to Singapore. Singapore Airlines will v be allowed to operate one of its eight daily services between ■j Singapore and Jakarta on the 8747-200 and 8747-300
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      • Article
        Ministry reassures public
        51 4 THE Ministry of Health yesterday reassured the public that American and European studies have not linked microwave cooking to cancer. There is also no reason to link canccr with cooking because microwave energy cannot be -transferred to the body through consuming food cooked in Jnicrowavc ovens, it
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      • Article
        Professional misconduct
        77 4 THE Singapore Medical Council has found Dr Yik Keng Yeong, a private medical practitioner, guilty of professional ynisconduct. He was charged with having failed to attend to ,an accident victim near his clinic last year. The council said Jne could not have been so busy that he could
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      • Article
        10-billionth cheque
        37 4 jAMERICAN Express sold its 10-billionth American Express Travellers Cheque last year 100 years after the company introduced the product. The firm's Salt Lake City operations centre said the 10-billionth cheque was sold around Aug 5.
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    • Article, Illustration
      To market, to market, to sample the good fare
      221 4  -  By Arthur Lee THE century-old Telok Ayer Market in the heart of the Central Business District will finally re-open to the public on Jan 31. Three restaurants will be the first to do business after a massive $15 million restoration job
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    • Article
      Saint Honore to set up shop in M'sia, Indonesia
      306 4  -  By Hong Lee Tiam FROM AN initial investment of $2 million in Marina Square in 1990, Hongkongbased Saint Honore Cake Shop hopes to expand into Indonesia and Malaysia and in five years' time to reap revenues of more than $100 million.
      306 words
    • Article
      Office rentals likely to edge down in short term
      265 4 OFFICE rents in Singapore, whieh were coming down towards the end of last year, are expected to fall a further 5 to 10 per cent this year. Jones Lang Wootton's research manager, Ong Choon Fah, said yesterday that with a further
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    • Article
      UOB to pamper top corporate clients at airport lounge
      135 4 THE UOB Group is opening a lounge facility at Changi Airport, the first banking group in Singapore to offer its favoured corporate clients such a service. The Bonham Suite is another feature of UOB's trav-el-related services. Memberships will be for toplevel
      135 words
    • Article
      S'pore offices of MNCs hope to merge activities
      310 4  -  By Joseph Rajendran THE local chiefs of two multinational companies will meet in the United States next month to determine how their operations will be integrated as a result of one firm acquiring part of the other. US-based 3Com signed an agreement
      310 words
    • Article, Illustration
      Okawa Corp to spend $150m on property projects
      443 4  -  By Sylvia Wong JAPANESE DEVELOPER Okawa Corporation will spend up to 1 SO million this year to start up several property projects in Singapore, ranging from condominium developments to recreational centres and even a hospital. Morimasa Okawa, chairman and chief executive of
      443 words
    • Article
      PUB to cut electricity rates from February
      203 4 THE Public Utilities Board will cut its clcctricity tariffs for the three-month period beginning on Feb 1. There will be no change in gas tariff The board said yesterday that the 3 per cent cut in the average unit rate for domestic and
      203 words
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      Page 4 Advertisements Column 1
      57 4 POATINA VILLAGE Tasmania, Australia yiitH FEATURES: Trout Fishing Wilderness nearby 47 George St, L3unceston,T3srn3ni3 7250 Austr3li3 i Property Reports Brochure milaWe. 11 U 2112 m or Tony MerMton 61 7 870 5233 nmmst*&bmm Wmm aji.IIiIAMI Launceston Phone: 61 03 34 2122 Fax 61 03 34 2171 Tasmania, Australia (Singapore) James
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      538 4 Meet top experts of the environment industry at Mm ENVIRONMEXASIA/WATERMEXASIA92 19-21 February 1992 1 lth Storey, World Trade Centre Convention Centre INTERNATIONAL CONFERENCE CONFERENCE PROGRAMME "It Pays To Manage Our Environment" 19 February 1992 SESSION 2 Transfer of environmentally friendly and i ~.r l nltn, waste recycling technologies to the
      538 words
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  • COMPANY NEWS 1
    • Article
      Maybank interim net profits jump 71pc to M$133m
      404 5 KUALA LUMPUR Malaysia's premier banking group, Malayan Banking Bhd (Maybank), has turned in sterling results. Group pretax earnings soared 50 per cent to M 5272.14 million (Ssl66 million) for the six months ended Dec 31, 1991, from M 5181.96 million in the
      404 words
    • Article
      OCBC Securities and Malacca broking house confirm tie-up
      182 5 SINGAPORE OCBC Securities has joined the growing number of Singapore broking houses to secure a stock broking seat across the Causeway. In a statement yesterday, Malacca-based Tan, Chow Loh Securities Sdn Bhd (TCL) said it has teamed up with the OCBC-backed securities
      182 words
    • Article
      Cold Storage (M) and Hutchison unit agree to enter joint ventures
      181 5 SINGAPORE Cold Storage (Malaysia) Bhd and AS Watson Co Ltd of Hongkong have agreed in principle to cooperate in the food retailing and manufacturing businesses through joint ventures. Cold Storage Malaysia said it wants to team up with a
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    • COMPANY BRIEFS
      • Article
        New GM at Material Handling
        38 5 SINGAPORE Material Handling Engineering yesterday announced the appointment of Benny Tcoh as general manager from Feb 1. Prior to the appointment, Mr Tcoh, 51, was manufacturing engineering manager with an American multinational corporation.
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      • Article
        Lower loss at HKBank unit
        38 5 SINGAPORE Marine Midland Banks Inc, an indircctlyowncd subsidiary of Hongkongßank, has reported a net loss of U*****.9 million (*****.4 million) for 1991, an improvement from a net loss of US$295 million in 1990.
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      • Article
        Nod for Sports Toto divestment
        45 5 SINGAPORE Malaysia's Foreign Investment Committee has approved the proposed divestment of the entire equity capital of Sports Toto Malaysia Sdn Bhd to Far East Asset Bcrhad. Approval for the proposed Ms6oo million (***** million) divestment was received on Jan 23.
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      • Article
        UOL sets up Xiamen unit
        64 5 SINGAPORE United Overseas Land Ltd (UOL) has incorporated a subsidiary to develop commercial and residential properties in Xiamen, China. UOL said the new company, Dahua Xiamen Development Ltd, had an authorised capital of US$3 million (554.9 million) and was established on Jan 16. The directors
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      • Article
        SBS to raise stake in SABS
        69 5 SINGAPORE Singapore Bus Service (1978) Ltd will soon increase its stake in Singapore Airport Bus Services Ltd (SABS) from 95.05 per ccnt to 95.94 per cent. Investors owning 45,000 SABS shares recently agreed to sell their stake to SBS, which had earlier made an
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    • Article
      KIO sells stake in Cycle & Carriage Bintang
      303 5  - KIO sells stake in Cycle Carriage Bintang By Magdalene Ng SINGAPORE The Kuwait Investment Office (KIO), the overseas investment arm of the Kuwaiti government, has sold its entire 10.06 per cent stake in Malaysia's Cycle Carriage Bintang Bhd (CCB), leaving investors all agog over the identity of the buyer. In
      303 words
    • Article
      Kay Peng not negotiating on MUI stake at present
      348 5  -  From Leslie Lopez in KUALA LUMPUR THE eight-month corporate battle for Malaysia's Malayan United Industries Bhd (MUI) took yet another twist on Tuesday when MUl's chief Tan Sri Khoo Kay Peng said he was not in negotiations with any party over
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    • COMPANY BRIEFS
      • Article
        Net profits at San Miguel's HK unit slip
        111 6 HONGKONG The Hongkong arm of the Manila-based San Miguel Brewery suffered a 17 per cent drop in net profits to HK590.95 million (5519.19 million) last year, the firm said yesterday. The affiliate of the Philippine beer and food conglomerate partly attributed its
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      • Article
        Walt Disney's net profits up
        127 6 BURBANK, California Walt Disney Co's profits for the first quarter ended Dec 31, 1991, rose on improved results of its Filmed Entertainment segment, despite lower results in the Theme Parks and Resorts segment. First-quarter earnings rose to US$2OB.l million (*****.3 million) or US$l.56 a share
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      • Article
        Hitachi to close US plant
        113 6 TOKYO Hitachi Ltd will close its only home electronics plant in the United States and transfer or lay off ISO employees, a company spokesman said yesterday. Spokesman Shinichi Nishikawa said Hitachi would close the plant in Anaheim, California, by the end of the year and
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      • Article
        French oil group's profits up 41pc
        113 6 PARIS French oil company Total SA said on Monday it estimated that its net profit rose 41 per cent in 1991 to 5.8 billion francs (Ssl.7 billion) from 1990's 4.1 billion. It added that it planned a four-for-one stock split to take effect from
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      • Article
        News Corp chairman to retire
        83 6 SYDNEY The News Corp Ltd said Richard Searby is to retire at end-January as a director of the company and most of its subsidiaries and as a director of South China Morning Post (Holdings) Ltd. Mr Searby, News Corp chairman from 1981 to 1991, was
        83 words
    • Article, Illustration
      Suntec not planning to increase stake in Amcol
      586 6  -  No plans for backdoor listing, says group By William Chia SINGAPORE The formidable Suntec group has no plans for a backdoor listing through Amcol Holdings despite having acquired a 15 per cent stake in the latter. New World Development general manager Dr
      586 words
    • Article
      Lock icon Macy's files for bankruptcy protection
      260 6 Reuter NEW YORK R H Macy Co, the legendary retailer whose New York store is considered the world's largest, was pushed to the brink of bankruptcy by massive debts and recession and sought bankruptcy protection on Monday after weeks of rescue talks unravelled. The Chapter
      Reuter  -  260 words
    • Article
      Lock icon France expected to approve bid for Perrier
      252 6 Reuter PARIS France is likely to approve a bid by Swiss food group Nestle SA and French conglomerate Cie de Suez subsidiary indosuez for mineral water bottler Source Perrier SA, a government official said yesterday. The French Treasury, which must review foreign investments
      Reuter  -  252 words
    • Article
      NOL signs two agreements with Viet associate
      323 6  -  From Selva Kumar in HANOI NEPTUNE Orient Lines yesterday concluded two agreements with its long-standing Vietnamese associate, Vietfracht. NOL and state-owned Vietfracht have agreed to form a 60-40 joint venture to operate shipping and other related services. The joint venture, with SS t
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    • Article
      Ayala's net income rises 5pc to two billion pesos
      407 6  -  From Al O Labita in MANILA AYALA Corp posted a net income of two billion pesos (Ssl2o million) in 1991, up by a modest 5 per cent from the previous year's level. During a stockholders' meeting last Thursday, Ayaia Corp chairman
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    • Article
      Siam Cement sets up trade office in Ho Chi Minh City
      347 6 BANGKOK Recognising Vietnam as a strong growth area, the Siam Cement Group has opened a trade office in Ho Chi Minh City. The Nation reported earlier this week that the group planned to set up an asbestos manufacturing plant
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    • Article
      Lock icon EIE buys Bond Corp stake in Aussie university
      290 6 Reuter SYDNEY Bond Corp Holdings Ltd said yesterday that it has sold its one-half stake in Australia's first private university for Asss million (5566.6 million) to Japanese property group I: IE International Corp, whieh takes over full ownership. EIE has had a
      Reuter  -  290 words
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      123 5 > i s <s *> T r I maafc*. 'Lz^t^S&r'' W^^m |HH p- v^^^^^hHHHHHIIIIHIHHHHIHI ■■■■■SSHHHHHHHHHHIiHHHHHH When Workplace can be in place within weeks. Workplace is one of the most technically advanced office furnishing systems in the region. With Workplace you get the best of all worlds: unique American design features,
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  • FINANCIAL NEWS
    • Article
      Lock icon Merrill Lynch turns in record US$696m profits
      411 7 FT NEW YORK Merrill Lynch, the largest US securities house, on Monday sealed an outstanding 1991 for Wall Street when it unveiled fullyear profits of U*****.1 million (S$ 1.139 billion), the highest in the company's history. In 1990 profits totalled U*****.9 million. Merrill's
      FT  -  411 words
    • Article, Illustration
      Lock icon HK govt admits to alerting local subsidiary
      348 7 The BCCI collapse FT LONEX)N Hongkong's banking commissioner has admitted warning managers of the local subsidiary of Bank of Credit and Commerce International to reduce their exposure to the parent company before its worldwide closure on July 5. The warnings followed earlier alerts
      FT  -  348 words
    • Article
      Lock icon UBS revamps to meet new challenges
      304 7 Reuter ZURICH Union Bank of Switzerland, the country's largest bank, has announced a restructuring of its domestic business to meet growing competition in the Swiss banking sector. The new structure, to come into effect in July, is the latest step in a wider redefinition
      Reuter  -  304 words
    • Article
      Lock icon Japan to ease rules on an investment trust
      258 7 NYT TOKYO Japan's Finance Ministry plans to ease regulations on one type of government investment fund and give financial institutions a freer hand to create new investment instruments in a continuing move to deregulate the market. The ministry plans to ease regulations
      NYT  -  258 words
    • Article
      Lock icon Privately-owned banks start to open in Taiwan
      256 7 Move ends 40-year government monopoly FT TAIPEI Privately-owned banks have begun opening in Taiwan this month, ending a 40-year monopoly by govern-ment-run institutions and setting the stage for intense competition. Grand Commercial Bank and Dah An Commercial Bank have begun operating and 13
      FT  -  256 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Hongkong's total exports up 19.7pc
        66 8 HONGKONG Hongkong's total exports grew 19.7 per ccnt in 1991 to HK5765.9 billion (SS 160.8 billion), with transhipments recording the highest growth, official figures showed here yesterday. For 1991 as a whole, transshipments accounted for HK5534.9 billion and domestic exports for HK5231.05 billion, the Census
        66 words
      • Article
        HK unions to stage sit-in
        57 8 HONGKONG Hongkong unions are to hold a sit-in today to protest against the government's decision to import semi-skilled workers. Lee Chuak-yan, head of Hongkong Confederation of Trade Unions, said yesterday that unions including the pro-Beijing Federation of Trade Unions would mobilise some 1,000 workers to
        57 words
      • Article
        Clean sources of energy
        69 8 MANILA Asia-Pacific countries could develop nuclear power as well as solar and wind energy to replace present sources which pollute the environment and lead to global wanning, a meteorological expert said here. Ekkri Jatila, the technical director of the United Nations World Meteorological Organisation (WMO), said
        69 words
      • Article
        Suchinda keeps them guessing
        73 8 BANGKOK Thai Supreme Commander of Armed Forces and Army Commander in Chief General Suchinda Krapryoon continued to refuse saying whether he would accept the premiership. The Nation quoted General Suchinda as saying that he was determined not to enter politics. He said: "I have always said
        73 words
    • Article
      Lock icon Indonesia seeks investors to build oil refineries
      358 8 Reuter JAKARTA Indonesia is seeking foreign investors to build oil refineries after the government postponed several projects last year to rein in foreign commercial loans, Mines and Knergy Minister Ginanjar Kartasasniita said. "We offer the projects at 100 per cent equity to the
      Reuter  -  358 words
    • Article
      Lock icon Asia-Pacific seen as key to Aussie recovery
      256 8 AFP SYDNEY Exports to the Asia-Pacific region will be central to a major economic statement being prepared by Prime Minister Paul Keating and his key ministers, analysts said here yesterday. Mr Keating and six senior ministers begin tomorrow to sift through some 40
      AFP  -  256 words
    • Article
      Region has good prospects for holiday homes
      437 8 BANGKOK Thailand, Malaysia and Indonesia are thought to have the most potential in the region for holiday home projects, according to a study for Britain's Economist Intelligence Unit. The study by Chesterton International Property Consultants research director Anthony Damon and real estate consultant
      437 words
    • Article
      Thailand ranked as second strongest Far East economy
      420 8 BANGKOK Thailand now ranks as the second strongest cconomy in the Far East after Singapore, says a report in The Nation. Quoting a recent US ranking of eight East Asian economics, excluding Japan, Dr Siri Ganjarcrndcc, director of the Research Department, said
      420 words
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      Page 8 Advertisements Column 1
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      Page 8 Advertisements Column 2
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  • THE WORLD
    • Article
      Lock icon Big role seen for Japan in former Soviet Union
      470 9 Tokyo set to become major aid donor and investor Reuter WASHINGTON Japan's offer to host a meeting on aid to the former Soviet Union is widely viewed as another sign that the Asian economic giant is poised to become a major
      Reuter  -  470 words
    • Article, Illustration
      Lock icon Call for G-7 talks with former communist states
      240 9 Reuter TOKYO German Economics Minister Juergen Moellemann has proposed that Group of Seven economic ministers meet counterparts from East Europe and four former Soviet republics to discuss their economic policies, a Japanese minister said yesterday. Kozo Watanabe, Minister of International Trade and
      Reuter  -  240 words
    • Article
      Lock icon Japan's big department stores post flat sales
      355 9 Asahi TOKYO In another sign of a weakening economy, sales at 113 large Japanese department stores were the same last December as they were in December 1990 marking only the third time monthly sales have failed to increase on a year-to-year basis since
      Asahi  -  355 words
    • Article
      Lock icon UK current account deficit lower than expected
      512 9 Reuter LONDON Britain's 1991 current account deficit came in lower than Chancellor Norman Lamont had forecast in his autumn economic statement but given the depth of the recession it should really be in the black, say economists. "The Chancellor will be delighted that
      Reuter  -  512 words
    • Article
      Lock icon Many UK builders working on negative margins
      440 9 Reuter LONDON British building firms were probably accepting losses, or at best breaking even, on at least half the contracts they were currently undertaking, Building Employers Confederation chairman John Smith said. Mr Smith told a news conference "it is my feeling that at
      Reuter  -  440 words
    • Article
      Lock icon Arabs urged to do more to boost inter-state trade
      366 9 Reuter ABU DHABI Arab states should substantially boost in-ter-Arab trade to help reduce the effects of a restrictive world trade environment, the head of the Arab Monetary Fund, Osama Faquih, said. Mr Faquih was speaking yesterday at the opening of a
      Reuter  -  366 words
    • WORLD WATCH
      • Article
        Tokyo reviewing defence strength
        127 9 TOKYO Japanese Prime Minister Kiichi Miyazawa told Parliament yesterday that his government has begun a comprehensive review of Japan's defence strength in the postCold War era but said he opposed an immediate cut in defence outlays. "The Defence Agency (ministry) has started a working-level review of
        127 words
      • Article
        Call to lower Gatt expectations
        73 9 WASHINGTON US Trade Representative Carla Hills wants the US business community to lower its expectations of results from the Uruguay Round of multilateral trade negotiations under Gatt. Whatever final text might emerge should be measured not against US aspirations, she said, but against whether it
        73 words
      • Article
        US envoy warns EC over row
        133 9 BRUSSELS Relations between the US and the European Community (EC) could be badly damaged by failure to reach agreement in Gatt trade talks, says the US ambassador to the EC. In an address to a business policy seminar on Monday, James Dobbins said there
        133 words
      • Article
        S Korean general to head forces
        72 9 SEOUL A South Korean general will take command of US and South Korean combined ground forces this year, Defence Minister Choi Sac Chang said yesterday. He said the move was part of a previously announced American plan to give the South more responsibility for
        72 words
      • Article
        Canada freezes spending
        65 9 OTTAWA The Canadian government has announced a freeze on discretionary spending and new hiring by federal government departments for the rest of the current fiscal year in a bid to curt) the budget deficit. The freeze, said Finance Minister Dan Mazankowski on Monday, would include a "review
        65 words
      • Article
        Brazil expects to get IMF loan
        86 9 RIO DE JANEIRO The International Monetary Fund is cxpcctcd to approve a US$2 billion (553.3 billion) loan for Brazil today and back Brazilian President Fernando Collor de Mcllo's economic programme, government officials and diplomats said. The loan, which Brazil requested in December, is a
        86 words
      • Article
        Shanghai frees food supplies
        86 9 BEIJING Shanghai, China's largest city, yesterday abolished the use of coupons for state-subsidised sugar, eggs and salt, saying supply of these commodities was now "open". The decision to do away with the coupons, part of a socialist supply system aimed at guaranteeing stable prices, reflected the
        86 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      301 9 a— UNLOCK YOUR CREATIVE MANAGEMENT POTENTIAL The Whole Brain Corporation Creative Management Programme 1 March 9-11,1992 The Whole Brain Corporation (TWBC) Creative Management Programme is based on the whole brain model which identities your preferred ways of thinking and communication. Knowledge of this model will provide you with a powerful
      301 words
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      Page 9 Advertisements Column 2
      122 9 FOR SALE PRIME OFFICE BUILDING 10-YEAR LEASE GOVERNMENT TENANT 5625 M 11% BRAND NEW OFFICE BUILDING FULLY LEASED TO NATIONAL COMPANIES AND THE GOVERNMENT S2O3M 9% CINEMA AND RETAIL COMPLEX CBD Sl9£M 10% SHOPPING CENTRE SSSM 11% RETAIL SHOWROOM CENTRE S3.9SM 13% HOTEL, 93 ROOMS, FULLY LEASED 10 YEARS $SJ)M
      122 words
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  • Article
    Asean after Afta
    491 10 EDITORIAL IT IS a telling comment on the times we live in that the Asean Free Trade Area has become as vital to the agenda of Asean as the Zopfan concept. For a regional grouping founded on common concern towards first improving bilateral relations, and then containing
    491 words
  • WHAT THE OTHERS SAY
    • Article
      Go south, young man
      267 10 CHINESE paramount leader Deng Xiaoping's recent public visit to the country's Special Economic Zones (SEZs) was a personal statement that provincial leaders could and should continue reforms without fear of a conservative backlash. He also re-emphasised that the development of China, in which the south plays
      267 words
    • Article
      A special visit
      103 10 CHINESE LEADER Deng Xiaopeng's visit to Shenzhen, one of the most economically robust regions in the world, has a significant meaning to his country's modernisation efforts. It symbolised the ageing leader's stamp of approval of Shenzhen's progress. A signal is also sent to Hongkong which will be
      103 words
    • Article
      Regrets not enough
      123 10 KIICHI MIYAZAWA is the first Japanese prime minister to admit in Parliament that Japan was an aggressor during World War 11. From the viewpoint of Japanese politics, it was a daring act. But it is still not enough. Japan should at least provide reasonable compensation to those
      123 words
  • REGIONAL VIEWPOINTS
    • Article
      Giving Vietnam a hand
      201 10 MALAYSIA'S National Chamber of Commerce and Industry says Vietnam enjoys favourable conditions for development and it expects the country to again become a key player in the region's economy. Malaysian businessmen, it said, are looking for opportunities for an active role in Vietnam's reconstruction process, the
      201 words
    • Article
      Making real headway
      166 10 MUCH ATTENTION has in the past days and weeks been paid by the press to plans to establish greater economic cohesion among the six Asean members and on the need to discuss regional security issues. The desirability of the first is quite obvi- ous in view of
      166 words
    • Article
      Transforming Asean
      115 10 UNDER no circumstances will other Asean leaders allow the EAEC to be a summit spoiler. At the most, as a face-saving gesture for Dr Mahathir, it would be agreed that the caucus would be reformulated to place it under the existing Asia Pacific Economic Cooperation forum or Apec
      115 words
  • Article, Illustration
    Lock icon Animal rights versus biomedical research
    823 10  -  A referendum on animal rights in Switzerland next month has a better chanee of succeeding than others before it. Barry James takes a look at the impact it could have on the Swiss pharmaceutical industry Barry James IHT PHARMACEUTICAL cxccutives warn that a referendum on
    IHT  -  823 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      392 10 REPUBLIC NATIONAL BANK OF NEW YORK 9 A SUBSIDIARY OF REPUBLIC NEW YORK CORPORATION Consolidated Statements of Condition December 31, Liabilities and December 31, Assets Stockholder's Equity (Dollars in thousands) Cash and due from banks 383,147 390,240 Non-interest bearing deposits: ir,» a ,£»et Kaanm Hannctc n domestic offices 792,835 795,232
      392 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      100 10 DOONESBURY BY GARRY TRUDEAU RI33SSSKSSSST I g; TH&VE NEVER KEH HERE tVVRE WE J U- CLEAN THIS UP FOR THIS W.temwlßwM MORE? IMELL THANKt 10 Off I- THEY POffT KNOW THE HEARTBEAT MARVEiOUS AUDIENCE- BURNS EXTRAORDINARILY PIFHOJU TIME I UJHENA HURRICANE HIT? ME UP PUT IT THAT UJAY -IS OJMNO^A^CSY^
      100 words
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  • ANALYSIS
    • Article
      Lock icon A gift and testing opportunity for Americans
      755 11  -  The Clinton couple have given American voters a chance to show that they have reached adulthood, says A M Rosenthal A M Rosenthal NYT THE Clinton couple of Arkansas have presented to the American public a gift and a testing opportunity. The gift
      NYT  -  755 words
    • Article, Illustration
      A major player
      596 11 INDIVIDUALLY they may not seem like major players in Singapore, but together, the four BHP companies here rank 33rd in terms of sales among Singapore's top 1,000 corporations. Leading the pack is PRI which had sales of $324.76 million in 1989, about half of the total of
      596 words
    • Article, Illustration
      BHP beefing up Asian presence
      489 11  -  Faced with falling profits and recession at home, Australia's biggest company, Broken Hill Proprietary, is looking to Asia. Salil Tripatni takes a look at the company's exposure in Asia and, in particular, Singapore Salil Tripatni Australia's economy may be battered and Broken Hill Proprietary's own
      489 words
    • Article
      Lock icon China battles housing reform problem
      816 11  -  Housing reform is a slow complex process in China, reports David Schlesinger David Schlesinger Reuter FEW PEOPLE would complain about a rise of one US dollar in their monthly rent. But for residents of China's capital, long used to paying pennies, housing reform is the
      Reuter  -  816 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      104 11 FOR SALE NEW LANDMARK OFFICE BUILDING FULLY LEASED TO LONG-TERM BLUE CHIP TENANTS. MLC House, 1100 Hay Street, West Perth. Superior location overlooking FULLY LEASED LONG TERM Western Australia's Parliament (5 to 12 years) TO: House and the Perth CBD. AUSTRALIAN 7,164 sm net lettable area. GOVERNMENT (Bureau of Meteorology)
      104 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      1119 12 NffHliltf PftflfeAßMn- WHERE TO WINE, DINE... OF 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 of drinks during your
      1,119 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      624 12 TELEVISION AND RADIO rwmww < <iiiiiiiiiniiiiiifi ii" iuiiimiii i Htt r w hl n-nm, m unm n ■»ni,i|ni amarma i.m.x m mommm inrfwt r i mmm mrmrr-— Rn\7C Til Plnn ***** 5S iSSft, f business ON bawo u 5 111 -DAtIC ,u JST N<L) SiMMSMSI «2 !S^. C^ !?o.T l&T
      624 words
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  • LIFESTYLE
    • Article, Illustration
      Stumbling down memory lane
      898 13  -  Claire Leow watches Theatre Works' latest offering but finds that it does not live up to her memory of the group's 1988 production of the same play Claire Leow WE ALL HAVE memories of childhood, strange threads of a torn fabric long thrown aside. Some of
      898 words
    • Article
      Lock icon Sundance goes to the people
      650 13  -  Caryn James attends the annual Sundance Film Festival Caryn James NYT SOMEONE must have told the Sundance Film Festival to lighten up. At the awards ceremony on Saturday night that concluded this festival of independent films more noted for their sincerity than their wit the
      NYT  -  650 words
    • Article, Illustration
      Daughter sues Peter (Colombo) Falk for college costs
      643 13 CHATTERBOX THE DAUGHTER of actor Peter Falk sued him on Monday to get him to abide by an agreement to pay her college costs. The suit, filed in Los Angeles Superior Court, alleges that Falk. best known for his television portrayal of
      643 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      154 13 AND ENTERTAIN i High Tea Classics Danish pastries. Fresh cakes. Savoury Dian Xin. Mee Siam. Samosas. Quiche Lorrain. Spring Rolls. Fresh Fruits. Cookies. Every Saturday. 3 to 5 pm. $12.50+ per person. Jlk I Fashionshow at 4 pm. SINGAPORE For reservations, N»ss<m hm. 102s please call 732-1222 ext 1581. T
      154 words
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      Page 13 Advertisements Column 2
      99 13 ifl BEEF DAY AT Ecaßq" NISHIKI ■91 m 8 "Niku" in Japanese means meat, at the same time it also means "Two-Nine". On this t same note, on every 29th of /<e£ the month will be "Beef Day" at NISHIKI. You can now A enjoy a selection of beef dishes
      99 words
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  • SPORTS
    • SIDE LINES
      • Article
        Marathoner died from rare condition
        109 14 HOUSTON, Texas A rare condition that results in massive internal bleeding caused the death of a runner who collapsed near the end of the Houston Marathon. A doctor said on Monday that Glenn Ewing, 25, of Houston, died about five hours after he was taken
        109 words
      • Article
        Foyt's back
        92 14 INDIANAPOLIS To paraphrase Mark Twain, reports of A J Foyt's retirement are somewhat exaggerated. Foyt fought back last year from serious foot and leg injuries for what he said was going to be his final season behind the wheel. Now, he has decided he's not ready to call
        92 words
      • Article
        Invitation to Johnson
        78 14 SYDNEY Basketball Australia said yesterday that it had invited Magic Johnson to captain a US all-star team in a pre-Olympic tournament against the country's national team. The invitation is seen as a bid by national officials to distance the sport from remarks made last week by some
        78 words
      • Article
        Auriol closes in on Sainz
        49 14 MONACO French driver Didier Auriol battled to within three seconds of Monte Carlo rally leader Carlos Sainz on Monday to set the scene for last night's final showdown. By winning four of the six stages, Auriol slashed 46 seconds ofr the Spaniard's overnight lead.
        49 words
    • Article, Illustration
      Lock icon Tyson set for fight of his life
      579 14 AP INDIANAPOLIS As Mike Tyson bounded up the steps, a piece of his boxing past stood 150 yards to his left. His future was dead ahead. Tyson didn't glance at the Market Square Arena, where he was stopped by A 1 Evans in
      AP  -  579 words
    • Article
      Lock icon Gibbs' Redskins are one big happy family
      582 14 NYT MINNEAPOLIS Solid. Whenever Joe Gibbs was asked to characterise this year's Washington Redskins, he'd go back to the well for that one word: Solid. From opening night in September when his team pummelled Detroit, 45-0, to Sunday night's 37-24 pasting of Buffalo
      NYT  -  582 words
    • Article
      Lock icon Egyptian soccer coach quits over poor showing
      213 14 AP CAIRO Mahmoud el-Go-hary, who coached Egypt to the finals of soccer's World Cup last year, quit on Monday at a chaotic Parliament hearing on the team's embarrassing African Cup of Nations showing. El-Gohary had been summoned by the Youth and Sports Committee
      AP  -  213 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      263 14 '--ii v --»**iSSsSB&. the Quadrant Hie Quadrant A 28-s»rey inrihgent office j I II J[) K// concourse provides visual relief from the concrete building standing at the junction of Cecil Street and "1 LZJ 1 S BEE L--~~-JsK>\ monotonv of the aty Creating a pleasant environment for f Church Street
      263 words
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  • THE LAW PAGE
    • Article, Illustration
      Year of change for the legal profession
      800 15  -  David Gabriel takes stock of the many changes that lawyers face David Gabriel TUB fast pace of change initiated by Chief Justice Yong Pung How to improve the management of cases in the courts could hardly leave the legal profession unscathed. In fact,
      800 words
    • Article
      Failure to lodge an appeal a costly mistake
      465 15 CAS| t Shook Lin Bok v Yeo Kian leek and Another High Court of the Republic of Singapore, M C Suit No. 7175 of 1991 Judicial Commissioner Michael Hwang. THIS was an appeal against the decision of the Deputy Registrar of the
      465 words
    • Article
      More stringent rules for admission of Queen's Counsel
      396 15 In the matter of an application by iVlr David Kdward Michael Young, Queen's Counsel of Kngland High Court of the Republic of Singapore, Originating Motion No 74 of 1991 Judicial Commissioner (i P Selvam. THIS CASE is evidence of the stricter approach
      396 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      396 15 1 f1 1 ONCE A WEEK, MOTHERS CANNOW parents can now improve I I I their children's Chinese with Friday I flfl [J[ J I 111 Weekly Singapore's first and only ***** U I I|| H|j Chinese-language weekly for lIMM I I I wM lIVII lIVTIh It's also the only
      396 words
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  • The world's favourite airline
    • Article, Illustration
      Travelling with BA means luxury from start to finish
      248 16 BT Special Advertising Feature ITS COMFORT all the way when you fly British Airways, from the minute you check in to the time you disembark at your destination. And to pamper First Class and Club World passengers even more is the
      248 words
    • Article
      Video eye in the sky
      397 16 Taking the concept of in-flight entertainment one step further, British Airways has recently introduced personal video screens for First Class passengers on intercontinental routes. Believed to be the largest order of its kind, 1500 Skyview personal video units were ordered from Fieldtech Heathrow, worth £4
      397 words
    • Article, Illustration
      Some reasons to fly First Class or Club World
      310 16 AS PART of our commitment to service, British Airways tries to anticipate and meet passenger requirements before, during and after our flights. First Class travellers enjoy most Club World facilities and our theme throughout is to make your time with us
      310 words
    • Article, Illustration
      Flying into the 1990s
      506 17 British Airways The worlds favourite airline has come through 1991 with flying colours, despite dire economic predictions for the post-Guli War period. It remains the world's leading international airline and one of the most profitable and this in the face of the US$5 billion loss reported
      506 words
    • Article
      High praise for BA
      243 17 Readers of Business Traveller magazine picked British Airways as the Best Airline for the third year running in an independent poll. Readers of the US-based Business Traveler International magazine voted British Airways Best Airline for international travel, best transatlantic airline, and airline with the best international
      243 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market awaits response to Bush's Budget plan
      3323 18  -  By Quak Hiang Whai INVESTORS continued to stay away from the Singapore market yesterday ahead of US President George Bush's State of the Union address this morning and the release of his Budget plan to revive the US economy. As the United States
      3,323 words
    • Article, Illustration
      Lock icon HOT STOCK
      71 18  -  By Chew Eng Han Comment HONG FOK has probably peaked for the short term. With daily stochastics heading down and weekly stochastics just starting to turn down, a slide to support at $1.80 is likely. If this level breaks, expect a fall to strong support at Si.7o-$1.73. hither
      SOURCE: PONT DATA  -  71 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3308 20 l eader (J 426 12 +2.9% Petaling Gd 50* 135 +6 +4.7% M Cement 50« 245 f5 +2.1% High l ow 50* 108 +4'/j +4.3% Bolton 122 t~4 f3.4% NST 322 +4 f 1.3% PMC" 50« 158 +4 +2.6% Public Bank 50« 91 +4 +4.6%
    3,308 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      59 20 m FIGHT FOR EQUALITY: mrtmm m BREASTLESS WOMAN? If women want to be on par with man, have no breasts then. Be "roleless" and "IdentKyless". Bf So says a playwright, as he talks about his latest local play. igjgEj^nfl But It sparks a controversy. Monday to Saturday Singapore women are
      59 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares finish lower in lacklustre trading
      5025 21 Bernama THE share market here remained on the downside in lacklustre trading yesterday with interest shifting to HIL Industries, which made its debut on the Second Board. The counter opened at M 52.59 for a premium of MS 1.19 over its issue price of
      Bernama  -  5,025 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      302 22 Company Date Year Group Net Net earnings Cross ann to profit/loss (L) per share dividend ("000) (cents) Asia Pacific Jan 24 Sep 91 $65.969($55.737) 52 1(44) 28N(26N) F&N Jan 24 Sep 91 $57,443(153.080) 326(30 1) 13N(12N) Goodwood Park Jan 10 Sep 91 $22.137($21.216) 49 2(47 1) 80(50) H
      302 words
    • Article
      PRELIMINARY RESULTS
      127 22 Company Date Year Group pre-tax Net earnings Gross ann to prom/loss (L) por share dividend ('000) (cents) PuNic Bank Ian 27 Dec 91 M$164.626($128.235) 12.9(9 7) 8 5(6) NST Jan 16 Aug 91 M$82.007($80.274) 30.9(33) 20(10) KL Kepong Dec 27 Sep 91 M$85.468($84,804) 15 3(14 8; 15(15) Pacific
      127 words
    • Article
      INTERIM RESULTS
      502 22 Company Date HaH-yoar Croup pre-tax ana to profit/loss (L) dividend (000) Robinson Jan 27 Dec 91 $14.116<$11.586) 6(5) Khong Guan Jan 24 Oct 91 $346($139) Centrepo.nl Jan 23 Oec 91 $10 063(59.940 2.9(2 9) St Tyres Jan 21 Oct 91 $2.174($1.791) -<-) Pegi Msia Jan 15 Sep 91
      502 words
    • Article
      CORPORATE DEVELOPMENTS
      893 22 Jan 27 Keppd Corporation and a Vietnamese consortium will soon sign an agreement to build a ship that would ferry crew to oil rigs off southern Vietnam. Keppel will design the vessel, supply equipment and provide technical supervision during the construction phase. Jan 25 Publicly-listed Isetan (Singapore) will
      893 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      1637 22 Tram Registered Substantial Bay/ No. of Amount Shareholding Stock Data Holder Shareholder/Director Soil shares Before After J Cement 24/01/92 Mitsubishi Materials Corpn Toshiya Kubota B 15,000 41,850 000 1.944,000 5 52 1,959,000 5 56 J Cement 24/01/92 Nomura Trading Co Ltd Hirashi Teroyama B 15,000 41,850 000
      1,637 words
    • Article
      DIVIDENDS ANNOUNCED
      403 22 Current Ex Books Date Total tor Total tor mviviMf Hafa <-v>ca nxvahl* HMI MIT fttcf MAAT |MJinWII VMW WV>C (MjWV UW J«W toot JW AMFPT 4 2*(e) Feb 7 Feb 21 Feb 28 7 7* 5 75* Am PtcHk 18*N Jan 9 lan 21 Ian 29 28*N 26*N
      403 words
    • Article
      RESULTS DUE
      456 22 Main Board Last FuM Year Company Period Date Yoar Net EPS Grws Net nancid nk( (cents) <h profit test year (T000) EMS Final Nov 6 Jul 91 30TE 17.8781 G Scartm Final Feb 6 Dec 91 31 10 0 1.691 BMT Interim Feb 8 Jun 92 306 3
      456 words
    • Article
      APPROVED ISSUES
      114 22 Company Rights Issue Aw Pac Land Four-for-seven (a MJO 50 per share Ei-date ton 3 Books dose Jan 17 Acceptance Payment Mar 5 Jacks M Two-tor-one SI 00 per share Ei-date Jan 8 Books dose Jan 20 Acceptance t Payment Feb 28 Tech Resources Four tor five MSI
      114 words
    • Article
      PROPOSED ISSUES
      529 22 Company Rights Issue mrnu Tech One-torone fe SI 00 per share Baft or Issue of $90 9/8m nominal amount of 35* Redeemable Unsecured Guaranteed Bonds 1991/96 with 45 489m detachable warrants on the basis of $2 normal amount of Bonds for every three existing shares held Every S2
      529 words
    • Article
      COMPANY MEETINGS
      121 22 Sembawang Shipyard Ltd: EGM at The Lecture Theatre, 4th Level, NOL Building, 456 Alexandra Road, Singapore 0511 on Tuesday, Jan 28, at 9.30 am Asia Pacific Breweries Ltd: 58th AGM at the registered office, 475 River Valey Road, Singapore 1024 on Tuesday, Jan 28. at 11am Hotel Malaysia
      121 words
    • Article
      SCRIPLESS CONVERSION
      35 22 Conversion Special Trig Scriptess Conversion deadline Period Trading Company starts (I DP) (ST) starts Jacks Int Jan 29 Feb 20 Jan 29 Feb 20 Feb 21 SPH NY A Times Pub NY A
      35 words
    • Article
      RECORD HIGHS & LOWS
      198 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 N0t 1295 39 (27/1/92) 1992 1545.92 (27/1/92) 1992 low; 1232.84 (2/1/92) 1992 tar 1479.35 (2/1/92) 1991 N* 1333 08 (3/6/91) 1991 l*r *****8 (3/6/91) 1991 IMT 1022.52 (16/1/91) 1991 IMT 1149 08 (16/1/91) 1990 htft 1435.43 (16/7/90) 1990 1607.12 (27/3/90)
      198 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      369 22 In local curr In S$ In US$ dy S yr dy yr dy >t Jnn 23 Index chgt cKye ihgt ihgc chge chgr World 404.7 0.2 13.0 -0.3 6.3 -0.1 13.1 fEAFE 493.6 0.1 5.0 -0.3 -0.6 -0.1 5.8 Europe 430.4 0.8 18.1 0.9 3.0
      369 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Prices continue to drop for second day
      2102 23 UPI THAI stock prices continued to drop for a second consecutive day yesterday in substantial trading. The Stock Exchange of Thailand (SET) Index closed at 766.73, down 5.20 points. "Investors seem to be liquidating their shares before Chinese New Year, which comes next
      UPI; SOURCE: PONT DATA  -  2,102 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Stocks close higher in active trade
      1182 23 JAKARTA stock prices closed higher yesterday in fairly active trade, brokers said. They said local sentiment remained bullish though foreign interest was limited in a few favourite shares. The Jardine Fleming index closed at 56.55, up from 55.82. The official index was not available
      1,182 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      18 23 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in Business Times.
      18 words
    • Advertisement
      Page 23 Advertisements Column 2
      316 23 N O TIC E S m -me matter of THE COMPANIES ACT. CHAPTER SO AND IN THE MATTER OF WAMOER FRIESLANO (S) PTE LIMITEO (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of the mam baa of Wkndar Fneaiand (S) Pta Limited convened and hatd
      316 words
    • Advertisement
      Page 23 Advertisements Column 3
      357 23 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that. I, NG KOM SEN of No. 21, Jalan Jurong Kechil Singapore 2159, have applied for a Retail Liquor Shop licence in respect of premises ai M/s WAN KAH CHOON at Blk 19, Toh Yi Drive 101-121 Singapore 2159, and that this application
      357 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares end higher in technical rebound
      2606 24 Reuter STOCKS closed higher in thin trade yesterday, pulled up by a technical rebound by futures. In the absence of heavy selling pressure, bar-gain-hunting and futureslinked buying raised prices, but most investors were still sidelined by worries of excess supply and political scandals, brokers
      Reuter  -  2,606 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks end firmer but off day's highs
      2573 24 Reuter HONGKONG stocks finished firmer but off the day's highs, as profit-taking emerged when the index failed to breach the 4,600 level yesterday, brokers said. They said local selling was triggered by the inability of the blue chip index to push through the
      Reuter  -  2,573 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article
      Lock icon Shares rise sharply
      2135 25 UPI PRICES closed sharply higher on the Sydney Stock Exchange yesterday ahead of the overnight State of the Union message by US President George Bush and today's December-quarter inflation figures, brokers said. The market was expecting Mr Bush to detail his plans to revive the US economy,
      UPI  -  2,135 words
  • REGIONAL STOCK MARKETS
    • NZ shares end winning streak
      • Article
        NEW ZEALAND
        255 25 NEW ZEALAND shares yesterday undid three days of stronger performances to close lower overall in a market where most leaders were pegged back on reasonable volume. The NZSE-40 capital index fell 10.21 points to 1,476.80 and turnover was worth about NZ$2B.5 million, brokers said. "I think there was
        255 words
      • Article
        MANILA
        469 25 SHARES closed lower yesterday in a market weighed down by profit-taking and unease over results of blue chip Philippine Long Distance Telephone, brokers said. The Manila Stock Exchange Composite Index slid 37.61 points to close at 1,230.59. Combined volume on Manila s two bourses dropped to 978.7 million shares
        469 words
      • Article
        TAIPEI
        436 25 TAIWAN stocks finished lower yesterday on profit-taking ahead of the lunar new year holidays, but brokers said big falls were unlikely. The weighted index lost 28.82 points to close at 5,312.67 on turnover of NTS49.B billion against Monday's NT$6O.B billion. Financials rose moderately but all other sectors lost ground.
        436 words
      • Article
        SEOUL
        672 25 SEOUL share prices closed lower yesterday, ending a two-day advance, as prof-it-taking emerged when the index tested the 680-point resistance level, brokers said. The composite stock index closed 9.15 points lower at 665.96 on turnover of 417 billion won against 537 billion on Monday. Volume was 29.7 million shares
        672 words
      • Article
        BOMBAY
        104 25 SHARE prices rose on a broad front yesterday due to sustained speculative buying, brokers said. Sellers were largely absent from the market except for state-owned mutual funds, broker Sunil Kothari said. "There was no apparent reason for the euphoria and it seemed that speculative demand was fuelling the rise,"
        104 words
      • Article
        INDICES & TURNOVER
        55 25 INDICES TURNOVER One FYeviMi Jm 28 NEW ZEALAND NZSE-40 Capital 1,476.80 1,487.01 -10.21 Turnover (NZSmillion) 28.5 unav NIAMLA Composite Index 1,230.59 1.268.20 -37.61 Turnover (million) 978.7 1,080 -101.3 TAIPEI 1 Weighted Prvce Index 5,312.67 5,341.49 -28.82 Turnover (NTS billion) 49.8 60.8 -II SEOUL Composite Stock Index 665.96 675.11 -9.15 Turnover
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  • Dow slides as investors hold back
    • Article, Illustration
      NEW YORK
      1244 26 STOCK prices were mixed on Monday, with blue chips posting small gains while the broader market was weak. Many cautious investors moved to the sidelines ahead of President George Bush's State of the Union Message late last night. The Dow Jones Industrial Average rose 7.83 points to finish
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    • Article, Illustration
      LONDON
      866 26 LEADING London shares surged 1.2 per cent on Monday, boosted by the optimistic economic message from the weekend meeting of Group of Seven finance ministers, renewed hopes for a cut in British interest rates and a Arm opening on Wall Street. The steadiness of the pound in the European
      866 words
    • Article
      FRANKFURT
      261 26 THE Frankfurt bourse was firm on Monday, as the DAX spot trend index finished the session at 1,683.58 points, up by 1.13 per cent on the day, while the Commerzbank indicator advanced by 1.05 per cent to 1,936.40 points. Analysts said that, like the majority of other markets, Frankfurt
      261 words
    • Article
      AMSTERDAM
      206 26 DUTCH shares ended a quiet session mostly higher on Monday, supported by strong foreign bourses and a steady dollar. But dealers said turnover remained thin, adding that a little bit of demand easily resulted in substantial price rises here and there. Some dealers said operators were unwilling to sell
      206 words
    • Article
      PARIS
      102 26 THE Paris bourse advanced by 1.05 per cent on Monday, the first day of the February trading month, as the CAC-40 stock price index finished at 1,869.27 points. The index was up by a hefty 0.96 per cent at the Monday opening. Paris Ju 24 FFr Air-Liquidc 688.00 -8.00
      102 words
    • Article
      MILAN
      201 26 ITALIAN shares closed mostly lower in thinner trading on Monday, with Fiat weakening slightly ahead of the carmaker's board meeting yesterday, from which some of the company's initial 1991 results should emerge. Brokers estimated trading volume in the 80 billion-100 billion lire range, down slightly from Friday's 102 billion.
      201 words
    • Article
      ZURICH
      326 26 SWISS shares ended a moderate session near their day's highs, with Wall Street's higher opening and the firmer trend on other European bourses supporting sentiment, brokers said. The Swiss bond market's stronger showing and slightly lower interest rates also helped share prices, traders said. The All-Share SPI index added
      326 words
    • Article
      BRUSSELS
      181 26 BELGIAN shares held on to their early small gains at midscssion with the focus still on chemical Solvay, which was the most heavily traded share. The Bel-20 index was up 2.76 points, or 0.23 per cent, to 1,180.97 at 1245 GMT. Volume had picked up after a slow start,
      181 words
    • Article
      JOHANNESBURG
      426 26 SHARE prices closed narrowly mixed on Monday after a dull trading session as investors stuck to the sidelines in the absence of any fresh stimulus. Dealers described volumes as very. thin in a cautious atmosphere after last week's downward correction. The JSE All-Gold Index closed at 1273, up 15
      426 words
    • Article
      TORONTO
      268 26 THE TSE-300 closed down 2.25 to 3,628.5 on 23 million shares valued at Cs26B million on Monday. Declines led advances 308 to 267, with 278 unchanged. Toronto stocks continued to slip in late dealings on Monday with a rise in resource stocks, boosted by a dive in the Canadian
      268 words
    • Article
      INDICES & TURNOVER
      76 26 INDICES TURNOVER NEW YORK Clow ■v 1 IfTHNn Jan 27 Dow Jones SAP 500 Turnover (million) 3.240.61 414.99 191 3,232.78 415.48 214.6 7.83 -0.49 •23.6 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.966.4 2.539.9 428.7 1,944.9 2.510.4 610.4 21.5 29.5 -181.7 FRANKFURT DAX Index 1.683.58 1,664.77 +18.81 AMSTERDAM EOE
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    • Article
      Untitled
      46 26 Vienna Jan 27 Aadi Akg Holding 2630 30 Bank Austria (P) 500 unch E Allgem (P) 2450 40 JungbunzJ 9960 (0 Lenzing 1040 19 Leykam 358 2 Montana Oesterr Bra a 3690 10 Semperit 95 .3 Steyr 264 14 Voucher 300 +2 Source: Z-Landerbank Bank Austria
      46 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback firms up against yen, weakens against mark in Asia
      1198 27 REPORTS Tokyo: The US dollar was slightly firmer against the yen but edged lower against the mark in late Asian trade on mark/yen cross trade. Weakness of the Japanese currency in the cross helped the US dollar to firm while
      1,198 words
    • Article
      INTERBANK FOREX RATES
      378 27 Cross rates j an 28 USS SS MS Dm Yen SFr AS NZS USS 1 6370 2.6550 1.6120 125.20 0.5613 1.4320 1.3486 1.8587 SS 0.6109 1.6219 0.9847 76.4814 0.3429 0.8748 0.8238 1.1355 MS 0.3766 0.62 0.6072 47.1563 0.2114 0.5394 0.5080 0.7001 Dm 0.6203 1.0155 1.6470 77.67 0.3482
      378 words
    • Article
      MONEY MARKET
      2308 27 Interbank rates SS Bid Offer Overnight 3 3 1/4 1-month 3 3/8 3 1/2 2-<nonth 3 3/8 3 1/2 3-month 3 3/8 3 1/2 Overnight mode: 3-11/16 USS Bid Offer 7 days 4 1/8 4 1/4 1 month 4 1/8 4 1/4 2 months 4 1/8 4 1/4
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    • Article
      Lock icon Swiss cool on plans for European ratings agency
      375 27 Reuter ZURICH Swiss bankers remain unenthusiastic about German plans for a pan-Eu-ropean credit rating network despite fears that Moody's Investors Service, one of the big US agencies, is about to lower Credit Suisse's rating. They reject the view of Projektgesellschaft Rating mbh,
      Reuter  -  375 words
    • Article
      Lock icon Dinar cut won't help Yugoslav economy
      218 27 Reuter •BELGRADE Yugoslavia's massive devaluation of its currency, the dinar, was aimed at boosting an economy shattered by seven months of fighting, Western economists said. But economists said Yugoslavia's economy was in such a state of collapse that the move would do little to
      Reuter  -  218 words
    • Article
      FINANCIAL FUTURES
      1125 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Mar 92 95.74 95.77 95.73 95.76 3000 ***** 4536 Jun 92 95.53- 95.57 95.53 95.57 4500 ***** 6826 95.54 Sep 92 95.16 95.21 95.15 95.19 2700 ***** 4182 Dec 92 94.47 94.52 94.46 94.51 2347 4209 1327 Mar
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  • COMMODITIES
    • Article
      Lock icon Opec must cut output to prop up prices: Kuwait
      435 28 Reuter KUWAIT The Organisation of Petroleum Exporting Countries must cut oil output to prevent sharp falls in crude prices as Kuwaiti production continues to climb and Iraq looks to resume oil sales to an already glutted market, says Kuwait's Oil Minister.
      Reuter  -  435 words
    • Article
      Lock icon S African mining executive sees turnaround for gold
      294 28 Reuter JOHANNESBURG Gold may not now be the prize it once was among investors, but a top South African mining industry executive says the market is tending to shift in a direction expected to restore the metal's allure. Tom Main, chief executive
      Reuter  -  294 words
    • Article
      Tin price ends unchanged on small offerings
      808 28 REPORTS TIN PRICE on the Kuala Lumpur Tin Market closed unchanged from Monday's level of M$ 14.20 per kg on smaller offerings yesterday. However, dealers said the market was still weak with foreign interest missing due to the higher premium. The London Metal
      808 words
  • Article
    PRICES
    1407 28 KUDOer Jan 28 HAS (t»fc Nlw) S cents/kg Noon Clot Int I RSS Prompt 129 .00/130.00N I29 50/I3050N Int 1 RSS Feb 92 I29.XVI30.00 130 00/130 30 Int I RSS Mar 131.00/131.50 131.50/132.00 Int 2 RSS OP 128.50/129.50N I29 00/I30.00N Int 3 RSS OP I26.00/I27.00N 126 50/I27.50N Int 4
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  • Page 28 Advertisements
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1234 29 «ty nigI ETA FNckt ETD WaM GA895 1520 QF81 2010 SQ227 2115 QF82 2115 KL837 1400 SQ24 2215 GA895 1530 KL838 2325 AthMS 0A471 0015 0A472 2240 SQ35 1650 Awhlwd NZ21 1740 NZ22 1850 SQ288 2035 GA524 0920 badac Sari BI421 1105 SQ182 0915 SQ181 1410
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  • THE TRAVEL PAGE
    • Article, Illustration
      Desert tourism in full bloom
      543 29  -  POSTCARD FROM TUNIS By Andrew Hill THE shadow cast by the Gulf War over Tunisia's brilliant beaches has lifted and tourism, the mainstay of the economy, has revived. "In the first six months of last year we had enormous problems," said Tourism Minister Mohamed Jcgham.
      543 words
    • Article
      MONEY CHANGER RATES
      152 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2080 1.2247 Canadian dollar 1.3800 1.4083 NZ dollar 0.8710 0.9063 Sterling pound 2.9060 2.9455 US dollar 1.6320 1.6410 Local dollars to 100 units of foreign currency Austrian schilling 14.34 14.65
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      93 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Mar 1-4 1st World Gems Hongkong Headway Trade 852-*****64 Mar 10-13 3rd Bangkok Shangri-La Headway Trade 852-*****64 1992 Jewelry Fair Exhibition Fairs Ltd (f**) 1992 Internal tonal Royal Orchid Fain Ltd (fax) Centre Jewelry Fair Sheraton Mar
      93 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      46 29 It's amazing the lengths Finnair goes to for just one price. Fly Finnair to Europe and well take y ou to 35 European destinations for the same price Check with your travel agent or call *****77 for more details. We Know Europe from Mart to Pmmah.
      46 words
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      Page 29 Advertisements Column 2
      9 29 Managers Must Manage BT shows you how every Monday.
      9 words
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      Page 29 Advertisements Column 3
      101 29 INVESTMENTS IN T T I he theme for BusinessTimes'speaaJ Business liniCS 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 Singaporeon investing in New Zealand. Readers can look forward to vital information on business
      101 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      328 29 IDo get a line reconnected 1 i I j i I f j I to the embassy (10) "MB 6 Signal for Morse to make a quick move (4) 10 j I I I j j j j 10 Burgundy is clearly expect- 11 Soldier has little hesitation in becoming
      328 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      166 29 Singapore Outlook: Windy with occasional showers in the late morning and afternoon Report Maximum temperature 30.7 Assoc humidity 69% Minimum temperature 24.0 Assoc humidity 93% Hours of sunshine 3.50 Rainfall in mm Trace Rainfall this month 83.9 Rainy days this month 9 World report Asia-Pacific Hi/Lo* Cond. Auckland 23/17 Goudy
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    • Miscellaneous
      Page 29 Miscellaneous Column 3
      27 29 I ve 6e£N WORKING HGR£ FoR PND ft HPiLF V€«RS I (XIfJNO AN D I'LL H£V£l? GETTH6 HANG OT IT -C^feLC QfcOl ASSOCIATED NEWSPAPERS LTD IMJ-IMJ &Icß»>.
      27 words
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  • Article
    Lock icon Speed up pace of economic reforms, Deng urges
    503 30 Party will lose power unless it embraces market economy, he warns AP, Reuter HONGKONG Chinese paramount leader Deng Xiaoping has issued his strongest call for reform in years, warning that China's Communist Party will lose power if it doesn't embrace a market
    AP,; Reuter  -  503 words
  • Article, Illustration
    Lock icon China to speed up political reforms
    255 30 AFP ROME China will "speed up political reforms" to enhance democracy as its economic situation has clearly improved, Chinese Prime Minister Li Peng said here on Monday, according to his spokesman. Mr Li's statement was seen by Italian leaders as heralding a new chapter
    AFP  -  255 words
  • Article
    Lock icon Yeltsin reasserts c'wealth control over Black Sea fleet
    321 30 Agencies MOSCOW Russian President Boris Yeltsin asserted yesterday that the Black Sea fleet will remain under the control of the Commonwealth of Independent States and pledged to use "all measures" to ensure supplies to the fleet, Interfax news agency reported. Meanwhile, Ukrainian
    Agencies  -  321 words
  • Article
    Lock icon Record growth likely in China- Japan trade
    384 30 Record growth likely in ChinaJapan trade Reuter TOKYO Japan's trade with China will set a new record in 1992 as China enters its third import boom since 1978 and Tokyo reaps a business dividend from its good relations with Beijing. Economists said yesterday that bilateral 1992 trade would reach US$25
    Reuter  -  384 words
  • Article
    Lock icon Palestinians stay away as Moscow talks open
    463 30 Syria and Lebanon also absent Agencies MOSCOW Palestinians boycotted the opening of Middle East peace talks yesterday, rejecting the demand of US and Russian sponsors that their delegation include only residents of the occupied West Bank and Gaza Strip. In all, foreign ministers
    Agencies  -  463 words
  • Article
    Lock icon KL and Jakarta to sign defence memorandum
    391 30 Agencies KUALA LUMPUR Indonesia and Malaysia announced yesterday that they will sign a memorandum of understanding in Jakarta next month to step up military and defence cooperation. And pirates in the Straits of Malacca and South China Sea could be among their first
    Agencies  -  391 words
  • Article
    Lock icon Taipei steel firm delays project in M'sia
    190 30 Reuter TAIPEI Taiwan's stateowned China Steel Corp has temporarily shelved a plan to invest US$36O million (SssBB million) in a new Malaysian steel mill, but still hopes to proceed with the project, the company said. Company vice-president Tsou Jo-chi denied a local media
    Reuter  -  190 words
  • Article
    S'pore and Vietnam making progress on shipping accord
    399 30  -  From Selva Kumar in HANOI SINGAPORE and Vietnam have completed the first round of discussions on a draft shipping agreement which is expccted to be concluded sometime in April. David Chin, director of the Trade Development Board and adviser to the 12member
    399 words
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      Page 30 Advertisements Column 1
      7 30 CHARTPOINTII Every Saturday in Business Times Jj
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      Page 30 Advertisements Column 2
      302 30 CHARTPOINT Every Saturday in Business Times NOL signs two agreements with Viet associate, Pg 6 NEW CANADIAN INTERNATIONAL SCHOOL CANADIAN MMm OVERSEAS COLLEGE ESTABUSHED IN SINGAPORE The growing number of expatriate families in the main cities of Southeast Asia and the increasing desire among the local populations to attain upward
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  • Shipping Times
    • Article
      Nedlloyd forms Viet sales unit with Gemartrans
      367 31  -  By Dexter Lee SINGAPORE Nedlloyd Lines has arranged with Gemartrans (Asia), its general shipping agent in Vietnam, to form a dedicated sales unit to market the Dutch carrier's services in that country. Nedlloyd trade executive Pierson Sng told BT yesterday that the move
      367 words
    • Article, Illustration
      Inchcape merges shipping services under new company
      438 31  -  By Selva Kumar SINGAPORE Inchcape Bhd has pulled all its Singa-pore-based shipping companies together under the umbrella of a new company called Inchcape Shipping Services (Singapore) Pte Ltd (ISS). From this month the resources of subsidiaries, An-glo-French Shipping, Borneo Shipping, Dodwell Shipping, Kim
      438 words
    • Article
      INDEX TO ADVERTISERS
      1221 31 Page Col AIX' 'ontaincrline 12 I Accord (irmip X 1-3 Ahrenkiei Liner 16 4 Allied-Link 16 4/5 Angkt Orient 16 1/2 ANI. 3 1/2 AIM. 5 3-5 A.P.C. l ines 13 5 A (.'Warehousing 15 5 Arrow Int 9 4 Asian Break-Bulk 16 5 ASXCLShpg 15 2
      1,221 words
    • Article
      Lock icon Subic conversion in doubt
      241 31 AFP MANILA Ihe Philippine*' plan to turn Subic Naval Base into a commercial complex after American forces leave this year could be set back by US plans to take the drydocks, an official said here yesterday. Kxccutive Secretary Franklin Drilon, chief aide to President Cora/on Aquino,
      AFP  -  241 words
    • Article
      Lock icon Dredgers eye US$600m deal in HK airport project
      484 31 Reuter AMSTERDAM Dredgers from all over the world arc heading to Hongkong to grab work on a new U5512.64 billion (5520.68 billion) international airport, the biggest scoop in years for the industry. fhe airport needs to reclaim 1,250 hectares of land from
      Reuter  -  484 words
    • NEWS SUMMARY
      • Article
        Shaken but still shipshape
        52 31 IHAII-AND's Regional Container Lines (RCL) executive director Methawec LaowiwaIwong says the country's shipping business has been hard hit by unexpected business factors. Still Thailand's feeder business last year, he says, grew by 30 percent, with RCL dominating 60 per cent of the market. Yingyord Manchuvisith reports.
        52 words
      • Article
        US defence cuts may affect Bell Helicopter
        45 31 ABOUT US$l4B million (***** million) of projects at Dell Hclicoptcr Textron, ineluding US$l5 million of research on the V-22 Osprcy, could be affected under Defence Secretary Dick Cheney's plans to cut US$4 billion from defence programmes. Back Page
        45 words
      • Article
        Rebels offer to release crew of hijacked ship
        44 31 fill: 12-man crew of a ship hijacked by Bougainville rebels more than two weeks ago have refused to leave the vessel, Papua New Guinea's acting Prime Minister Jack Gcnia said in Port Moresby yesterday Back Page
        44 words
      • Article
        Report criticises safety of UK ferries
        39 31 BRITISH ferries operating to continental Europe have not put into practice safety recommendations made after the /eebruggc ferry disaster in 1987 when 193 people died, according to a report issued yesterday Back Page
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    • LOG BOOK
      • Article
        French communists' aid for Cuba
        85 32 Mexico City A ship arrived in Cuba on Sunday loaded with 735 tonnes of pharmaceutical and printing equipment donated by the French Communist Party and bookbinders union, Cuba's official news agency said. The US$l million aid appears to have more symbolic than economic importance for
        85 words
      • Article
        McDonnell-Douglas eyes Philippine facility
        118 32 MANILA US aircraft manufacturer McDonnell-Douglas is exploring the possibility of setting up a US$6OO million maintenance facility in the central Philippines, officials said here yesterday. The complex, to be located in Mactan island off Ccbu city, has been approved in principle by local authorities and negotiations
        118 words
      • Article
        2 Czech air force pilots missing
        54 32 LONDON Two Czechoslovak Air Force pilots were missing on Monday night after their MiG-23 Fighter crashcd, Czechoslovak Radio said. The plane crashed about 64 km north of the central Czechoslovak city of Brno. The radio said the pilots were on a night training flight
        54 words
      • Article
        Denver airport plans bonds issue
        97 32 DENVER The new Denver International Airport plans to issue US$BOO million in bonds this year, with the first US$25O million coming in February, said Gennifer Pearson Sussman, deputy director of aviation. She said the airport authority expected to be able to issue the bonds at
        97 words
      • Article
        Italian commuter trains collide
        66 32 ROME Two trains packed with commuters crashed head-on on Rome's outskirts at the height of the evening rush hour on Monday, killing five people and injuring more than 100, police said. Firemen using cutting equipment worked for hours to free injured passengers trapped in the wreckage
        66 words
      • Article
        AT&T gets US$9m Czech deal
        63 32 NEW YORK American Telephone and Telegraph Co said it signed a contract to supply and install optical communications equipment in Czechoslovakia, including fibre optic cablc. The contract, with the Czech Administration of Post and Telecommunications, is to help build and modernise part of the Czech
        63 words
    • Article, Illustration
      Shaken but still shipshape
      947 32  -  Yingyord Manchuvisith finds out how Thailand's Regional Container Lines is doing Yingyord Manchuvisith THE Gulf crisis, last February's coup and the economic recession in the United States and Europe during the past year have been cited as the major factors for the slump in business. But
      947 words
    • Article
      WEEKLY FREIGHTS
      236 32 FREIGHT rates fell back sharply over the past week as brokers reported a build-up of tonnage in the Atlantic and a weaker trend in the physical market as the main factors depressing sentiment. The Baltic Freight Index fell 29 points to 1,502. The completion of a fixture on
      236 words
    • Article
      DAILY FREIGHTS
      1074 32 OVERSUPPLY of panamax tonnage in the Atlantic on Monday dragged down freight levels in the dry cargo market as bearish news gained the upper hand, brokers said. The Baltic Freight Index was marked down 19 points at 1,483 after falling 14 last Friday. News of Russian grain buying
      1,074 words
    • Article
      THE SHIPPING GUIDE
      6387 40 This is a list ot 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 trom the Port of Singapore. Advanced dates are published for a maximum
      6,387 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        590 47 Vessel Voy No Berth Arrival Departure VttMl Voy No Barth Departirt Marina Terminal 1 Batain Baru B123 Citra iaya *****2 Enmma 9231N •ndra Sakti 001 Jaya Bersaina 1346 Kalimantan 1 3/92 Mahkota £»p 18/92 San Batain S99 Smar Batain SB137 fhanakul 003 Batain Sayang *****2 Batain Speed
        590 words
      • Article
        CONTAINER SCHEDULE
        828 47 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CAKGO Record Mb SNp Voy No Etb/Btr Period From To Fran A Abraham 9823£ 31/1200 2 28/1700 29/0659 29/0900 4 29/1200 29/1459 29/1700 ACX Dasy 228 31/2300 2 28/1700 29/0659 29/0900 3 29/0700 29/1159 29/1400 4 29/1200 29/1459 29/1700 ACX Jade
        828 words
    • Article
      Lock icon Report criticises safety of UK ferries
      149 48 AFP LONDON British ferries operating to continental Europe have not put into practice safety recommendations made after the Zccbrugge ferry disaster in 1987 when 193 people died, according to a report issued yesterday. An inspection of 14 ferries for the Department of Transport found
      AFP  -  149 words
    • Article
      Lock icon US defence cuts may affect Bell Helicopter
      475 48 UPI FORT WORTH, Texas About US$l4B million (***** million) of projects at Bell Helicopter Textron, including US$l5 million of research on the V-22 Osprey, could be affected under Dcfcncc Secretary Dick Cheney's plans to cut US$4 billion from defence programmes. Mr Cheney will
      UPI  -  475 words
    • Article
      Lock icon Rebels offer to release crew of hijacked ship
      383 48 AFP PORT MORESBY The 12-man crew of a ship hijacked by Bougainville rebels more than two weeks ago have refused to leave the vessel, Papua New Guinea's acting Prime Minister Jack Genia said here yesterday. The rebels, belonging to the Bougainville Revolutionary
      AFP  -  383 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      25 31 Ums and services represented by /ZSS&s Members of the Registry of Accredited Singapore National SMp- \^ggV^ I tor advertising enquiries, contact Shipping Times lei 740-20X9/740-2090
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      Page 31 Advertisements Column 2
      233 31 Eacßen 9 1" CLASS COMBINER TRANSPOBT FAR EAST EUROPE EXPRESS SERVICE CALL 225 3522 I Someone close has been King Your son In Canada HH9MH is studying for some years. o BPwIH And you want him ihe^taS^es close to home Weekly tels It bettet -with news (Henfett from home. come
      233 words
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      Page 31 Advertisements Column 3
      30 31 Contawer Schedule 17 My fre*ife 2 Index to Advertisers I SfcppMg Cud* 10,11 n Port 17 Sffppore hdß 17 Transport 0o»| 3 Weather and Sea Condrtnm 17 Weekly Freights 2
      30 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      108 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 relevant book reviews. /o I f) ENTERPRISE MANAGEMENT, in Business y Cvh V Times every Monday, is must reading for > 1 managers who want
      108 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      2538 33 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES *****11 FAX: *****09 BOOKINGS TEL: *****234 *****58 ■lllff TERMINAL/CFS TEL: *****218 220 |T DAAAfITi PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. L VA*# A PORT KELANG TEL: *****18 FAX: *****91 *****88 PENANG TEL *****4 FAX *****1 CFS TEL: *****6 Dedicated to Quality Service ipoh
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      Page 33 Advertisements Column 2
      1837 33 TRANSPORT DIARY Feb 21-24: Air Traffic Ser\iccs 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 Raffles City Convention Centre. For further information please contact Singapore Aviation
      1,837 words
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      Page 33 Advertisements Column 3
      1497 33 momsmssM NEXT SAILINGS TO HONG KONG AND JAPAN ARTHUR MAERSK VOY. 9204 ETTA SIN 3/2/92 LOUIS MAERSK VOY. 92Q4 ETA SIM 4/2/92 Vmml Voy ETA I ETD Feeder by DESTINATIONS World Lynx/ Johenna to This week Lout* Maersk 9204 cy 4/2 oaoo hrs Port 888 BBIMB BHi i^B CfS 3/2
      1,497 words
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  • Page 34 Advertisements
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      1508 34 R'DAM/ VOY NO S PORE JEDDAH S HAMTON H'BURG ANT LE HARVE KASUGA 1 19/104 30/1 8/2 22/2 18/2 17/2 WJifl DRESDEN EXPRESS 03/304 2/2 19/2 21/2 24/2 25/2 jltlilu HONGKONG EXPRESS 05/105 6/2 15/2 29/2 25/2 24/2 -r.™-,—, MONTE ROSA 17/305 8/2 26/2 28/2 2/3 3/3 1 ELBE 09/106
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      723 34 SEASPAC SERVICE DWECT SOUTH PACIFIC SERVICE CIU UAI I CI |U PPT IMPERIAL 3202 EB 28/02 12/03 15/03 20/03 PALEMBANG 3301 EB 11-27/3 7/4 10/4 14/4 Tranalt Tim* (13) (1«) (22) ALSO ACCEPTMG CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA. NUKUALOFA, P. VILA FASTEST SERVICE TO CHI/PERU SIN CLX
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      Page 34 Advertisements Column 3
      1667 34 uvt REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/WT SM ALG BCL HAM BRE ROT ANT FEL LHA (VIA (MA (VM ALG) HAM) ROT) NORASIA SUN 9147-3 05/02 25/02 27/02 02/03 03/03 03/03 04/03 04/03 05/03 NORASIA PRINCESS 9148-3 07/02 28/02 01/03 05/03 06/03 07/03 08/03 09/03 10/03 NORASIA
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      1873 35 IW W STRAITS SHIPPING PTE LTD 15 H° e Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa/: *****17 ACCfPTS DUE UULS BKOK <iu.is.mui i»«. SSS,™ 6 J!!?™ SItAIIS SIM *021 Mu»». ikm. Tnr 30-31 01 Frit 03 Fvb J"*""" ""J* FEB lAJAM BROOKE VO4E kkuri. L*. KK 05
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      Page 35 Advertisements Column 2
      1983 35 f SINGAPORE AGENT: |HAfC P&O Containers (Singapore Agencies) Pte Ltd *V X iXVy V4UlliCtlllvld 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 PPWJIJI I CR Number: **********02 EXPORT IMPORT VESSEL VOV 'MM 'PKO SIN *4.0 SOU
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      449 36 11 ■""I CR NBA **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/VOY SPOtt ROAM/ADAM H'BURG BfitMCN ANTWERP MATARAM 31W8 21/2 24/3 29/3 2/4 5/4 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subfact lo InduowMiiL Atoe ■ccepWwfl cargo to CaMbtanca, Part SaM, Port Alexandria, Genoa, Trleate. ALSO ACCEPTWG BOTH CONTASOS, CONVENTIONAL
      449 words
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      Page 36 Advertisements Column 2
      1367 36 HANJIN SHIPPING FIR VSL SM Lit HAUL LGS 0U FOB VSL SSI IISK NNA Ul U IK HMUN ROTTERDAM 017E 1/2 DSKCT 22/2 »/2 HMUM CICJUO7BE 3/2 H. KOBE 035£ 12/3 13/3 IV3 HMUN IMMUNE 8871 10/2 OKCT 2/3 5/3 HMUMKWANGYANG DISC 10/2 M. PUJUUSE 024E 19/3 20/3 22/3 HUM
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      Page 36 Advertisements Column 3
      1197 36 J J -J.T-JTTq^T^^ IwuriuuciLtwiioanwmiuuoeNKuiwuiifKniiiim w I actf K-tU VI A/7 11/7 12/2 14/2 17/2 U/2 20/2 21/2 22/2 24/2 ft/3 14/J 24,3 21/3 B/3 1/4 2/4 V 4 4/4 14/4 24/4 2*4 3M i awn 4J4 U/2 13/2 11/2 11/2 21/2 24/2 23/2 22/2 W1 21/2 2/1 U/3 2V3 27/1
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      1826 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 NEPLINE SDN BHD MALAYSIA K.L.-<O3) *****33,
      1,826 words
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      Page 37 Advertisements Column 2
      971 37 SINSOV ss PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—PBCHMONG NESTBOUN)-LOAOW6 TttAWSHmD VW KOTTDHXK msmi mn jm |io« \mt ~ww m Ifc In l«m laht mx «na Iww Inn f KWSTVKH «MI 14/01 74/01 19/01 «WWI ?»01 W/tB w g ?1/0? 0,117 N IKMOKW
      971 words
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      1504 38 K 44 WST AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CH No: **********0 M) W v TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 i |\l H f MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD JL akh. JL MrnJ TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 ■HHI KAWASAKI KISEN KAISHA, LTD
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      Page 38 Advertisements Column 2
      1168 38 PHILI-ORKNT UN€S PT€ LTD 4~^ r 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 QfiO BY AIR, LAND OR SEA.... JOS* WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AugrnAUAMmTruAmtouTHHuxnc rcuutti wwry i— 30 JAN SYDNEY. MELBOURNE. BRISBANE.
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      1120 39 SSSSSmUmm pacific international lines (pte) ltd SSSS iv mK ■■I PIL Building, 140 Cecil Street #03-00, Singapore 0106. mm|[ [JAKARTA 1 [BANGKOK j 1 VESSEL VOY SIN JKT SIN VESSEL VOV SIN 9KK SIN EDEN 091 29/1 31/1 4/2 KOTA PAHLAWAN KPiJOS 30/1 3/2 t/1 BUNQA TERATAI 053 2/2 4/2
      1,120 words
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      Page 39 Advertisements Column 2
      1279 39 EacßenV F CLASS CONTAINER TRANSPORT FEEDER VESSEL PENANG PKELANG I OCEAN VSL/VPY SIN SOU(t) RTM (2) HAM (3) GOtI^T ANSON/TBN 31/1 1/2 ALSIA 2042 4/2 21/2 23/2 24/2 26/2 ANSON/TBN 7/2 8/2 BENAVON 2052 n/2 28/2 1/3 2/3 4/3 ANSON/TBN 14/2 15/2 JUTLANCXA 2062 18/2 6/3 8/3 9/3 11/3 ANSON/TBN
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      Page 39 Advertisements Column 3
      516 39 MYANMA wßm, FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gd| AVA VII3W hi PI 1/2 Feb SITTWE VSIW 30/1 Fab HP* AN VI73W 1/10 Feb MYOMA TWA VI39W 16/ IS Feb THE BANK LINE (A Mfvtc* ol Andrew W«ir Shipping) VI SEMI-CONTAINER SERVICE \1
      516 words
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      579 40 I SPECIALIST IN RO-RO t HEAVY LIFTS I I IH BOUND VESSFIS I I SJtt *OY V n lIC II I I SHIAIEISW M/ l /t I I W*" l II 31/1 2/1 I I ASEAN IRAKI IS 7/2 l/l I I TIAIS AUTO Ml/2 I I COSMIC PNMEEI 11
      579 words
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      Page 40 Advertisements Column 2
      78 40 I S'pore P Kelang Loading lor 9 I 3 KI W<"/At*/UK/Nanles/VaJenc« I I Barcetona/&ltoo/Al«r/UK I NORMAN MAAMEft 12/2 W/2 Rdm/Alw/UK/Nantes I 1 S'pore Loading for I IgLOBAL STAR 30/1 Jeddah/Aqaba I Hsammi BLONDE 1/2 Dubai/Dammam I H™* 8/2 Muscat/Dubai/Dammam/Kuwait I S'pore Loading pan liberTY Los Angeles/New Orleans/ Charleston/Norfolk/Camden I PAN
      78 words
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      Page 40 Advertisements Column 3
      90 40 SWaSBrMi /SHENZHIN SHIPPING M T' l -> 9 Hone CONSOLIDATION sSSSSSS\ rnC Knno Chins Ports Include: •\V va BEIJING CHANGCHUN CHANGS HA -1 IL CHENGDU CHONGQING •FUZHOU \A GUIUN HARBIN KUMMING XIAN mi\\V, NANNING QUANZHOU SHfKOU \S i-o SHENYANG SHENZHEN WUHAN S\ xj XIAMEN •ZHENGZHOU WsA ALL POINTS \v7Singapore OF
      90 words
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      746 41 ■/"Ma NEPLLOYP GIVES YOU DUBAI DIRECT ptliail.t Ulll'l I.IIIIK hlllßßUlßllilll wsstL w M| f W *8U te Stoya Auckland F»(A) flan K/?*® J/? JJ* ,to (C) FEEDER VESSEL PKLANG PENANG OCEAN VESSEL StN LE HAVRE(J) R"DAM<I) K»U»«3(2) ■'HAVEN F'STOW* OUAMPTOW Q'BURG ROCh«lef/2101Sfe 25/1 27/1 26/1 26/1 In Pt 14/2 1/3
      746 words
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      772 42 TO AUSTRALIA/NEW ZEALAND [si |Fr«n |«M> S)rd luck NPE |f CHALM mtmukn m JrT ~V2~ TvT" TiTT'lvT 1575 haatxaTTm ITi vl 10/3 13/3 TsTll TTTj ELLEN HUDtG 217 12/3 l»/3 24/3 27/3 ii*~ 4/4 BRUSSEI 2M 5/4 12/4 16/4 19/4 25/4 I M/ 4 TO USA/CANADA S« Gt« P«rt 1
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      Page 42 Advertisements Column 2
      837 42 IrlVl'i'i'l"' 1 II EXPORTS TO HONGKONG, TAJBMI, MANILA I JAPAN "TWICf WEEKLY" MALACCA STRAITS SERVICE OUTBOUND VOY PKI PEN Ml fSM MNL HKG KAO KEE TYO YOR SMZ NGO KOS VESSEL VOY |SM |PKL PEN BIN SM Af» 228 —27 1 **29 1 28.1 31.1 42 112 112 12.2 13.2
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      Page 42 Advertisements Column 3
      248 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD in eta in SPO« rail KEUNG PENANG BLUE IAOC 6/2 2/2 Loading lor llUle RUVAI HUDHU 10/2 loading (of Calcutta OOLPION 10/2 loadmi For Matt PIONEER aHK 4/2 loading For Malt DONAAIAM 1/2 M Pt Loaded For Fefcwaru progress inn 15/2 loading
      248 words
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      Page 42 Advertisements Column 4
      1671 42 /Si tmm W is &*J CHINA OCEAN SHIPPING COMPANY PULL CONTAINER LINER SERVICE rLiuuir S ruiin cu.oo.Nr chn oun SWGAPORE S GENERAL AGENTS "WISH CHUNG CHIAO SMPPMG SON BHD rrvcTiD quippimc pit ith P T GLOBAL PUTRA Kl IE: *****51/17 FAX: *****52, ***** PTE LTD JJM»LUBAL rjl r KLANG TEL
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      649 43 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 S HOT LINE *****33 (24 LINES LIMASSOL/PIREAUS 1/2 ROTTERDAM 1/2 HAIFA/ASHDOO/ALEXANDRIA 1/2 HAMBURG/BREMEN 1/2 MARSEILLE/FRANCE V 2 FELIXSTOWE/UK 1/2 BARCELONA/SPAIN 1/2 LEHAVRE/ANTWERP 172 GENOA/ITALY V 2 GOTHENBURG/SCANDINAVIA V 2 LOS ANGELES/WC/P1 1/2 SYDNEY/MELBOURNE 30/1 NEW YORK/EC 1/2 FREMANTLE 29/1
      649 words
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      Page 43 Advertisements Column 2
      971 43 tt^™^Mc!JFIE^MKSm?7SEI•c!E^S^?T^So TEL: *****33 (12 UnM) ®FAX: *****15/*****03 TELEX: M ***** RISHtP (3 Lkwt) \\W\ ETHIOPIAN SHPHK LUES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESBFL |VOV ETA LOADING FOR SPOWE ABBAY WO HZ 3IWB 15AH OARFSSALAAM MOMBASA. DJIBOUTI ASSAB. MASBAWA ANOtNET 27W8 21/03 OAREBSALAAM. MOMBASA. DJIBOUTI ASSAB. MASSAWA
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      Page 43 Advertisements Column 3
      471 43 JAKARTA BANGKOK I I 1 """"wim mhi *m g w 1» hPt 01/02 MUM mgj£ 93W hg 2>/Q| Sat 1/02 A*A BHUM 12K 01/02 OS 0? MB BHUM 49m Fit 3101 Tat 04/02 «n bhum m ov o? o« 02 iaru bhum ijn 0? 02 wm 05/02 AM BHUM 129S
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      Page 43 Advertisements Column 4
      347 43 Baagaa neff-une VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SM MAA SM TIGER SPEED 100N SM 01-03/02 00-09/02 TIGER SMAKK 07N 90-31/01 00-00/02 14-15/02 TIGER BMDGE MOW 04-05/02 10-12/02 10-10/02 VSL VOY SMGAPORE/C ALCUTTA/SMGAPORE I VESSEL VOY SM CAL SM LHOTSE 410CNB 02-02/02 09-13/02 19 20/02 TIGER RIVER 144CN8 09-10/02
      347 words
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      1397 44 I MAC-NELS S'PORE MPORT: *****02 I I*CNANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 S ftj<ELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 I UK/SCAN/MED PORTS COLOMBO®. AFRICA L h pk in PEN PK SIN Colombo 6/2 7/2 8/2 l\ n in
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      Page 44 Advertisements Column 2
      414 44 ffEfc BLUE star line TO FROM IIrNEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SM NPI AKI in sm MABERA 2SS 7/2 19/2 VIA NPI 21/2 9/3 MAKSURI 0514 19/2 2/3 VIA NPI 4/3 21/3 PROSPECT 17S 4/3 l«/ 3 VIA NPI 11/3 4/4 FULLY CONTAINERISED
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      Page 44 Advertisements Column 3
      1001 44 I THONG SOON LINES PTE. LTD. miz 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVBNTIONAL/COIITAINM I CONTAINER MBVICM SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL VOT ETA JoEST VESSEL VIT SPItE
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      806 45 Ww. COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTW6 BREAK BULK/FCL/SOC CARGOES TO/FROM CALLAO, MAT ARAM, 10* I OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA, NAGOYA, MON, TOKYO*, MAMLA*. DAVAO*. Pananf* P.
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      Page 45 Advertisements Column 2
      474 45 ICZ3Z I NITSST N.AMERICA/CARRIBEAN SERVICES msstt hw B Immhjp tor tu hsi [saw hrrc fcw UNTO UL_ 2/2 m IMMHI ML_ li/i_ UO. Zil3- Oil. Vli— M lAOHSMI6 13g 1/2 aHAfAW II 11/3 24/3 24/1 26il 2EZJ_ MJMI V 2 m*nn u_uzJ_2LJ_JiO.JSiL.aJ_ M WUtUS 112E tt/2 BNIIW4MO lit 27/3 S/4
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      427 45 X MIR.TI-NODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHARIAH, DOHA. MUSCAT. BAHRAIN. ABU DHABI BANDAR ABBAS. If DO AH FAR EAST ACCEPTING FCL/LCL PENANG P/KEIAMG. JAKARTA. BANGKOK. HONG KONG. TAIWAN JAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE. LEEOS, TILBURY. ABWOEEN. LE HARVE. HAMBURG ROTTEROAM. ANTWEP. GOTHENBURG.
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      Page 45 Advertisements Column 4
      519 45 hKjimßß ASEANJCHMA SERVICES WSSfL W PNG P. GUOANC KIN FOR Q SHAN 10/02 HUANGPU/SHANGHAI t CU 22/02 DALIAN/QMGOAO MADRAS/COLOMBO/BOMSAYACARACHI SERVICES SGP PK rao YANGOON KTN FOR T. TMG 00/02 KASACH/COLOMBO V YANG 21/02 COLOMBO SW6APOREJIAORAS/NNCMPORE FCLACL SERVICES TBN 22-23/01 29-31/01 TBN 20-27/01 01-03/02 TBN 30-31/01 00-00/02 TBN 02-03/02 00-09/02 ■MMMMMnt
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      Page 45 Advertisements Column 5
      340 45 SM FM EAST 28/1 KEELUNG/KAOHSIUNG 01/2 BANGKOK 31/1 MANILA/CEBU 01/2 JAKARTA/BELAWAN/SURABAYA 27/1 PORT KELANG/PENANG/E. Malaysia 03/2 BUSAN 03/2 TOKYO/YOKO/KOBE/NGO/OSA 03/2 HONG KONG 91 fIU 03/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU I also accepting LCL cargo SIN EWPt/M 03/2 LDN/FLX/LVP/SOU 'i 03/2 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poiand/Bulgaria/frech. SIR KA/CAMM
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      687 46 jfJT FIL CONTAINER SERVICES PTE LTD C&- MADRAS CALCUnA VSL BIN/MADRAB VBL BIN/C ALCUTT A SM MM SM SM CM. SM KXI MU.m.l SM 21/01 0243/02 NHT MULUkt 2J-24/I1 JO-03/02 WlO/02 20-27/01 01 03/02 00-09/02 20-27/01 02-00/02 12-13/02 30-31/01 00-00/02 14-15/02 01-02/02 00-12/02 10-10/02 JAKARTA DUBAI HONGKONG VSL SIN/JAKARTA VBL
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      Page 46 Advertisements Column 2
      560 46 Eonterm! CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— AUCKLAND 10 FEB NEW PLYMOUTH, WELLINGTON, LYTTLEtON, NAPIER, HAMILTON, CHRISTCHURCH, DUNEDIN, PORT CHALMERS BANGKOK 01 Feb EUROPE 02 Feb FREMANTLE 06 Feb GOTHENBURG 02 Feb PENANG 03 Feb PORT KELANG 03 Feb JAKARTA 04 Feb MELBOURNE 07
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      Page 46 Advertisements Column 3
      491 46 This Week's Sailings ETD 77. ETI) :j i lo Singapore Singapore Rotterdam Bangkok 2/2/92 Antwerp 2/2/92 I Los Angela Port Kelang 2/2/92 (Onforwarding ToMidWest/ }/1/n Port Louis 5/2/V2 0% Singapore Tel: 778 6522 Fax: 779 2738 S QIA- JohoreTel:o7-*****8Fax:07-*****3 (SH-A) Jakarta Tel: 021-*****40 Fax: 021-*****01 77PAAK-7 I INCHCAPE SHIPPING SERVICES
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      Page 46 Advertisements Column 4
      412 46 I ijmHß MANILA ETA VIGOUR PACIFIC 55N8 1/2 VIGOUR SINGAPORE 19NB 8/2 BANGKOK 8 2 16/2 BUSAN 3/2 10/2 HONGKONG 31/1 7/2 DURBAN/PT LOUS 5/2 18/2 KEELUNG 31/1 7/2 USA 3/2 10/2 PT KELANG 31/1 4/2 KOBE 3/2 10/2 PIRAEUS 30/1 12/2 OSAKA 5/2 12/2 IAKARTA 31/1 4/2 DUBAJ 30/1
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      313 47 vQc vQc vCZ>c vO c vO c vOcvOc U VAN OMMEREN CETECO GROUP U > TRANSPORT DIVISION > V VOTAINER CONSOLIDATION SERVICES: n THE ONLY CONSOUDAIOft WIH WORLDWIDE NETWORK f] J WeeWyFCIACL Services J V USA EURbPE far east V Baltimore: Voiainer ConsoOdadon Services BCTtourg: Van Ommeren Hamburg GmbH; ytfcon:
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      Page 47 Advertisements Column 2
      15 47 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times
      15 words
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      240 47 A STAGER FREIGHT SERVICES PTE LTD ylfiJ TEL 273-3838* FAX: 274-1100 '%ST PK 03-*****60* PEN: 04-*****2* JKT:2I-*****1 *8BY:31-*****0 EUROPE DISTRIBUTION SERVICE SIN LH/PAR FFURT/MANNHEIM IRUN/MADRID PORTO ATHENB/PIR STUTTGART VALENCIA USBON THESSALONIKI 2 2 21/2 25/2 25/2 26/2 27/2 3/2 28/2 3/3 3/3 4/3 5/3 ■■TO CANADAMB TO AUSTRALIA MH VCR
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      296 47 TIDES AND WEATHER TOO»rS TIDES (height in metres) HOUR 0000 0100 0200 0300 040 ft 0500 0600 0700 0100 0)00 *****100 *****300 1400 *****C00 *****100 1900 2000 2100 2200 2300 JR 1.4 1.5 1.7 19 22 24 2.5 24 23 20 17 14 1.2 1.1 10 10 1.1 1.2 14
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      Page 48 Advertisements Column 1
      1145 48 CHARTPOINT Every Saturday in Business Times I HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FETOR WT ftt W LK WMt WT KAO IBH OAK StA lit H*UL VOT MO TCM/StA fTI SEA RANGER NOO2 23/01 LAUMXA 4«f 31/01 01/02 21/02 22/02 TKARSWORLD M 7S£
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      Page 48 Advertisements Column 2
      604 48 CHARTPOINT Every Saturday in Business Times SBSSSBSSSSSSSSm 1/^VISA FREIGHT SERVICES PTE LTD £5 •I EalMaMBinwllf4 V We Sail The World For You REGULAR GROUPAGE LCL CONSOLIDATION SERVICES IMPORT EXPORT South Asia Port-of-Call Indo-China Port-of-Call Chittagong Haiphong Calcutta Ho Chi Minh Madras Danang Bombay Vungtau Cochin Phnom Penh Karachi Yangon Colombo
      604 words