The Business Times, 11 February 1992

Total Pages: 48
1 48 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-K ASIA MITA (P) 35/12/91 Tuesday, February 11, 1992 15*
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  • NEWS SUMMARY
    • 72 1 JAKARTA Indonesia said yesterday that it will allow a United Nations special envoy to visit East Timor where soldiers shot scores of civilians three months ago. Speaking to reporters after meeting the personal representative of UN Secretary-General Boutros Boutros-Ghali yesterday,
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    • 65 1 GENEVA The US, at loggerheads with the European Community over farm subsidies at world trade talks, would counter the support programmes of other nations with its own measures, US VicePresident Dan Quayle said yesterday. But he told a news conference there was no linkage between the
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  • MARKETS SUMMARY
    • 31 1 WALL STREET opened higher yesterday with the Dow Jones index of 30 leading industrials posting a gain of 7.15 points to 3,232.55 in the first five minutes of trading.
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    • 28 1 LONDON share prices were higher at midday yesterday. At about 1200 GMT, the FTSE 100-Share Index was up 15.3 points, or 0.3 per cent, at 2532.5.
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    • Article, Illustration
      29 1 Monday Change BT-MGA 740.04 -0.69 Kuala Lumpur ....603.35 +13.51 Tokyo 21,819.52 -287.60 Hongkong 4,733.56 22.19 Sydney 1,594.9 +4 Friday Change New York 3,225.40 -30.19 London 1,945.1 -16.1
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    • 23 1 Exchange rates USS SS 1.6205 100 Yen SS 1.2928 MS SS 0.6242 Money nurKet rstss Overnight 3 unch 3-montn 3 1/8 -1/8
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    • 37 1 London Gold AM fix US$354.70 -US$0.70 Rubbor S'pore Feb 130.50«/kg 1.25 M'sia Feb 215.00*/kg unch KL Tin Turnover 88 tonnes +8 Spot MS 14.10/kg unch Crude polm oil Turnover 763 lots +694 Feb MS900 /tonne unch
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  • 395 1  -  Giant property project by S'pore group and Liem's HK-based firm By Lee Han Shih SINGAPORE In a truly regional deal, the Keppel group of Singapore has joined hands with Indonesian tycoon Liem Sioe Liong's Hongkong-based First Pacific group to undertake a US$75 million
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  • 440 1  -  Group involved in construction and consultancy projects By Elaine Koh SINGAPORE Specialist contractor L&M Group Investments is pushing aggressively into the newly-opened Vietnamese market for con-struction-related projects. The company has submitted plans to develop a US$7 million (5511.3 million) office block in Ho Chi
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  • 496 1  -  From John Helmer in MOSCOW REGIONAL leaders in the Russian Far East have threatened the government in Moscow with drastic action unless export controls imposed in December and January are lifted. Russian officials told BT yesterday that the controversy over a
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  • 343 1 MBT KUALA LUMPUR People living in bigger towns outside Malaysia's Klang Valley will find it easier to invest in securities following a decision by the Kuala Lumpur Stock Exchange (KLSE) committee to allow brokers to establish branches. The decision was made
    MBT  -  343 words
  • 477 1  -  By Selva Kumar SINGAPORE A 10-fold rise in the number of used vehicles imported in the last six years ha/ led the government to impose new measures to stop the trend. From September, only used vehicles of less than
    Source: Registry of Vehicles  -  477 words
  • Page 1 Advertisements
    • 474 1 Nikon The World's Finest Photographic System Outlook for listing WING TAI Holdings Ltd, which showed for the first time profit and loss accounts of Wing Tai Land Ltd, should be able to seek a listing for the wholly-owned property subsidiary come July 1 Page 6 Deal falls through THE WOULD-BE
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    • 7 1 Analysis, Pg 13 Emergency airlift. Back Pg
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    • 163 1 Nikon The Worlds Finest Photographic System L&M's research arm gets two grants, Pg IS Number of credit, charge cards in S'pore hits one million, Pg 3 Sime UEP Properties: Being one step ahead, Pg 14 THE PROFESSIONAL TOUCH LETTERING SYSTEM FOR BOTH PROFESSIONAL AND PERSONAL USE Perfect for presentations, labels,
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  • PAGE 2 NEWS
    • 312 2  -  From Maggie Ford in JAKARTA PREVENTIVE MEASURES in the Indonesian province of East Kalimantan are already underway to guard against any outbreak of forest fires in this year's dry season, the Minister of Population and Environment Dr Emil Salim said yesterday. Addressing
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    • 298 2 UPI SYDNEY New South Wales state government departments and agencies were spearheading a growing number of lucrative business contracts in China, State Development and Tourism Minister Michael Yabsley said yesterday, after meeting China's Vice-Premier Zhu Rongji. Mr Zhu is the most senior
      UPI  -  298 words
    • 499 2 Opposition protests not expected to bring down government Reuter NEW DELHI India's minority government may stumble but won't fall as it pushes ambitious economic reforms in spite of opposition attacks, economists and diplomats said yesterday. "The opposition will make inconvenient political noises, but they
      Reuter  -  499 words
    • 374 2 Reuter HONGKONG Shareholders of Chinese Estates Holdings Ltd have approved a privatisation bid by Evergo International Holdings Co Ltd to buy the 50.4 per cent it does not already hold. Chairman Joseph Lau told a shareholders' meeting yesterday that 1.37 billion shares had been
      Reuter  -  374 words
    • 411 2 Reuter PARIS Fresh from a deal with IBM, France's Groupe Bull says only more such international alliances can save Europe's fast-shrinking computer industry. But Italian competitor Ing Olivetti Co SpA believes European computer companies are in danger of turning into mere distribution
      Reuter  -  411 words
    • 246 2 Reuter HONGKONG The government declined comment on a newspaper report that Financial Secretary Hamish Macleod would raise company tax by half a percentage point to 17 per cent but leave personal income tax at 15 per cent. The South China Morning Post
      Reuter  -  246 words
    • 511 3  -  Issuers plan new strategies in view of slower growth By Quak Hiang Whai SINGAPORE The number of credit and charge cards issued to Singapore residents grew by 27.4 per cent or 222,342 to reach 1.03 million last year, according to the Monetary
      511 words
    • 232 3 Reuter CANBERRA A consortium yesterday sued the Australian government for refusing to lift a ban on a mining project imposed after aborigines said digging the ground would disturb a god and set off mass destruction. Newcrest Mining Ltd, heading a three-company group, said
      Reuter  -  232 words
    • 226 3 AFP, AP HANOI Foreign business offices in Ho Chi Minh City face fines of up to US$5,OOO (S$8,100) if they fail to register with municipal authorities, the daily Vietnam News reported yesterday. A recent municipal decision also requires such offices to certify that they
      AFP,; AP  -  226 words
    • 304 3 Reuter TOKYO A Japanese parliamentary panel met three times yesterday but failed to break a Budget stalemate caused by a pay-off scandal that is plaguing Prime Minister Kiichi Miyazawa's government, panel members said. Key members of the Lower House Budget committee, including representatives
      Reuter  -  304 words
    • 507 3  -  Economists say moves to boost imports ineffective From Koichi Ishiyama in TOKYO JAPANESE analysts say moves to boost the nation's imports will have little effect on its huge trade surpluses in the long term. The government of Prime Minister Kiichi Miyazawa,
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    • 296 3 Reuter TOKYO Stable wholesale prices should help cap rises in Japan's consumer prices in coming months, possibly opening the way for another discount rate cut, economists said yesterday. Japan's December domestic wholesale price index (WPI) fell 0.2 per cent
      Reuter  -  296 words
  • Page 2 Advertisements
    • 392 2 The Asia Pacific Conference on MANAGING INFORMATION TECHNOLOGY AND I AUTOMATIONrENABLING THE NEW ORGANISATION I March 26 27,1992 I Westin Plaza Hotel, Singapore I Advances in information technologies have created new approaches that are economically attractive and strategically beneficial. But how does an organisation Professor Shothana Zuboff Robert Fu Qiguo
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    • 141 2 Losing faith in the but years, Pg 13 PyH Durham Un 1 rrJ University |f| PA Founded in 1832, Durham is the third oldest University in England with a rich tradition as a centre of scholarship and research. It has maintained its leading role among British Universities through its unswerving
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  • Page 3 Advertisements
    • 118 3 B Throughout history, leaders have become legends by taking risks The rtsfc of the unknown, the unexplored, the uncharted. The challenge of trying something new. in the financial work), savvy risk managers know new Ideas are not a risk, but a necessity. And that the biggest risk of all Is
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    • 8 3 Hanoi reaffirms support for oil firms, Pg 9
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    • 389 3 Mqor generalW.gSVotke 1935 1939 I/l 1% I■ [1 M general Sir Kjchard Hull 1958-1961^9^ Lieutenant general XT Ttrcival 1939-1941 111 IB W general Sir Ofyel Toett 1961-1963 B Lord Lotus Mountbatten 1946-1947 I VI I I Admiral Sir David Luce 1963-1964 M general Sir 9(filtiuku 1947-1949 I Mmral Sir Varyl
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    • 7 3 Tokyo's January surplus seen quadrupling, Pg 10
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • 74 4 TRAVELLERS in Brazil can now call the international operator of Singapore Telecom directly to reach someone in Singapore. With the extension of SingaporeDlßECT to Brazil, all the caller need do is dial 000-8065 from any telephone in Brazil. The call can be charged to an
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      • 80 4 THE Electrical Engineering Department of the Singapore Polytechnic will be holding Epex '92, its annual project exhibition, tomorrow and on Thursday, on its campus. This year's projects will focus on industrial automation, microprocessor and microcomputer applications for household and industrial users, innovative gadgets and other displays. The
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      • 99 4 THE Construction Industry Development Board (CIDB) and Real Estate Developers' Association of Singapore (Redas), together with the US-based Institute of Real Estate Management, are organising a training course on managing real estate as an investment. The course aims to equip property-owners with the most effective technique to
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      • 90 4 TICKETS to Asian Aerospace '92, open to the public on Feb 29 and March 4, will be on sale soon. They can be obtained at SAFE Supeitravel, SAFE Superstore and Raffles City Shopping Centre from Feb 15-21. Admission to the show will be by prior purchase
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      • 89 4 DR LOWELL S YOUNG, director of the Kuzell Institute for Arthritis and Infectious Disease in San Francisco and a world authority on Aids, will deliver the inaugural lecture of the Society of Infectious Diseases (Singapore) on Saturday. The lecture, entitled "The Sepsis Syndrome", is the highlight of the
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      • 43 4 Corrections Clarifications THE article on flying in the Feb 8-9 Weekend Edition of BT stated the cost of getting a private pilot's licence at the Singapore Flying Club as about $50,000. The figure should have been $15,000. We are sorry for the error.
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    • 217 4  -  By Clarissa Tan THE Trade Development Board (TDB) has introduced a certification assistance scheme (Certas) to help local companies get the international certification stipulated by their buyers. Under the scheme, the board will defray up to half of the application and assessment
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    • 172 4 THE Trade Development Board issued a reminder yesterday that the trade ban on Iraq and the US trade embargo on Vietnamese-produced goods are still in force. For humanitarian reasons, food and medicine exports to Iraq may be allowed. However, any consignment requires the
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    • 432 4  -  By Dawn Tan ANOTHER shot has been fired in the legal battle between Malaysian-bom businessman Thanga Thangathurai and his former associates over the now defunct Desaru resort project in south-eastern Johor. Mr Thanga, as chairman of Desaru International Resorts Sdn Bhd (DIRSB), the
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    • 195 4 THE Real Estate Developers' Association of Singapore (Redas) threw a tea party yesterday to usher in the Lunar New Year and wish members and friends good health and prosperity. The guest list for the event at the Pinnacle, OUB Centre read like a Who's Who
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    • 441 4 NUMBER crunchers will now find in the Monthly Digest of Statistics a bigger and fuller picture of economic and social developments in Singapore. The January 1992 edition, hot off the press, contains 18 new tables, including five that capture trends in
      441 words
  • Page 4 Advertisements
    • 149 4 1 i^l?B-;^B for a audience ASIAN wSBB AEROSRACE'92 ASIAN AEROSPACE is considered BMIMMMMMIMtMM one of the worlds most important air shows. Three of our newspapers will be publishing a rm r>u *i rrr special feature in conjunction with this qreat The StamtsTimeS exhibition of airier. FEBRUARY 24,1992 Readers will get
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    • 70 4 i Results of tender for j taxable book-entry Government Bond 1992 due 1 February 1994 to be issued on 14 February 1902 v Tenor appro*. 2 years TO Amount Offered Allotted *****,000,000 Amount Applied *****,000,000 ;/>*"' Interest/Coupon Rate 3.000% p.a. Kfll Average Yield Price on Allotment 3.05% p.a. and 100.085%
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  • Page 5 Advertisements
    • 267 5 THERE ARE THREE IMPORTANT Things to Check before CHOOSING AN OFFICE BUILDING. I Ask any real estate agent what's important to the value of a building, and financial district; services to business could not be bettered. he'll tell you that location is everything. The (JOB Plaza, therefore, will have everything
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 157 6 KUALA LUMPUR Antah Holdings Bhd's subsidiary Antah Asia Holdings Sdn Bhd has secured a licence from the Greater Colombo Economic Commission of Sri Lanka to install and operate pre-paid cardphones throughout Sri Lanka. A joint-venture called Lanka Payphones Ltd has been established, with
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      • 76 6 SINGAPORE Amtek Engineering Ltd yesterday announced that its new 60 per cent Malaysian subsidiary, AE Rubber Sdn Bhd, has been granted in-principle approval for pioneer status. Johor-based AE Rubber's core business is the manufacture of precision rubber components used in audiovisual equipment, electrical and
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      • 146 6 KUALA LUMPUR Amalgamated Steel Mills Bhd's subsidiary Akurjaya Sdn Bhd is taking over the entire issued and paid-up capital of Multi Purpose Commodity Trading Sdn Bhd (MPCT) from Dunlop Estates Bhd for Ms3.B million (552.47 million). MPCT is a full and floor member of the
        146 words
      • 124 6 KUALA LUMPUR Malaysian International Trade and Industry Minister Rafidah Aziz said that French manufacturer of Peugeot cars has not yet indicated whether it will take up a 10 per cent stake in Malaysia's second national car project. The Malaysian government had said it would allow the
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    • 470 6  -  By Lee Han Shih SINGAPORE Barring snags, Wing Tai Holdings Ltd should be able to seek a listing for its wholly-owned property subsidiary, Wing Tai Land Ltd, come July 1. A circular to shareholders, released yesterday, showed for the first time
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    • 150 6 SINGAPORE Locally--Guthrie. GTS notraced: sesxa^vyrmr^z whotty-<jwned- subsidiary had entered ~into~'a conditional agreement to I)uy a 20-year-ohJ apartment block for submcnlr nr li»acp vdlllv tsi tor «xeouUve ofTUiffirie TGTS told" BT the motP would be a first for Guthrie as a developer. it has retro-fit-icd
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    • 318 6  -  By Lilian Ang SINGAPORE The would-be buyer of Plaza-by-the-Park has finally lost a 15month battle to complete the purchase of the office building, forfeiting a $25 million deposit in the process. The deadline for completion of the sale, which would have involved payment of a further
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    • 486 6 State electricity firm expected to raise over Ms3b Reuter KUALA LUMPUR A large consortium signed an agreement yesterday to underwrite the flotation of Malaysia's state electricity company, Tenaga Nasional Bhd, which is expected to raise over Ms 3 billion (551.87 billion). Officials from
      Reuter  -  486 words
    • 260 6 SINGAPORE Hit.l)y a downturn in its mainstay computer listed Wearne Brothers XQJ Ir* looking at the property sector for its growth. Mr Tang l-Fang, in his -.«haicinan's address in Wearies' latest annua! report, said he expecto profit from the property and leQure division to "increase substantially"
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    • 725 6  -  THE HOCK LOCK SIEW COLUMN Will the five-star hotel live up to expectations when it's completed? By Alvin Tay SINGAPORE The wreckers have started demolition work on Hotel Negara, the 104-room hotel tucked away on Claymore Drive, at one end of Orchard Road. In three
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    • 309 7 Reuter SYDNEY Australia's corporate watchdog, the Australian Securities Commission, said its two year investigation into Alan Bond's former corporate empire, Bond Corp Holdings Ltd, had uncovered major breaches of the law. "The ASC has identified major breaches of the law that may
      Reuter  -  309 words
    • 340 7 Reuter SYDNEY Rupert Murdoch's The News Corp Ltd, which one year ago had just secured a crucial AsB.2 billion (Sslo billion) debt restructuring package from its bankers, is back on the road to maintainable earnings growth, analysts said. The international media group's
      Reuter  -  340 words
    • 133 7 Reuter ADELAIDE Foster's Brewing Group Ltd chief executive Peter Battels said the brewer was well poised to improve profitability as economic conditions improved. Foster's earlier reported a slightly lower net profit after abnormals of A$ 183.45 million (*****.6 million) for the six months to December
      Reuter  -  133 words
    • COMPANY BRIEFS
      • 90 7 TOKYO Japan's Isetan Co Ltd said yesterday it woukft open its second store in Bangkok this week, bringing the 4 number of stores in Asia to 13. A spokesman said the six-floor* store opening tomorrow would be the company's biggest* outside of
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      • 72 7 TOKYO Japan's Marubeni Corp and Kawasaki Heavy,/ Industries Ltd, together with a Swiss firm, won a US$2 3Q million (*****.6 million) order to construct and manage a/ power plant in the Philippines, a Marubeni spokesman yesterday. Kawasaki, trading giant Marubeni and Swiss- q based Asea
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      • 80 7 ATLANTA With the Winter Olympics barely under way;g in Albertville, France, Coca-Cola Co said on Sunday that it vfJ has become the first commercial sponsor in a programmeo that covers the games to be held in 1994 and 1996. An, agreement was signed Sunday in
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      • 46 7 TOKYO Nintendo president Hiroshi Yamauchi hopes uA transfer responsibility for the video game giant's world strategy to America, a company spokesman said yesterday. A But the company is not considering moving its entire head*''* quarters to the US,-the spokesman said. -q
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    • 285 7 AFP SYDNEY Media magnate Kerry Packer's Australian Consolidated Press Holdings Ltd (ACPH) formally launched its A 5476 million (*****.48 million) share offer here yesterday. Managing director Richard Walsh told reporters the offer, of 95.15 million shares at Ass each, was likely to be oversubscribed
      AFP  -  285 words
    • 394 7 MARKET Reuter BANGKOK The spectacular debut of Bangkok Land in the largest Thai share flotation boosted a recent bankled rally but stock analysts said a sharp correction in the real estate developer's shares could pull the market down. "Any sharp correction of Bangkok Land
      Reuter  -  394 words
  • Page 6 Advertisements
    • 57 6 ':r "jm I.V ..I ii HTifJl.! I ,■I a--V i V; *m» j n H r You have nm the bits and pieces but do you hive the full picture? r^nr4^WHß v 4 1 —V- Find out what the Year of the Monkey holds? for the stock market.-: r. ~5
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  • Page 7 Advertisements
    • 71 7 a#© k'i i I 1 i Some People Actually Claim They Come TO The j Lobby Lounge for Our Famous Irish Coffee Whatever the reasons, one thing's for sure. The Lobby Lounge still the M best place to your friends. After work, after dinner, after these ■BMP *i Aufj h
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  • FINANCIAL NEWS
    • 405 8  -  By Chew Eng Han SINGAPORE The Philadelphia Stock Exchange (PHLX) plans to set up an advisory committee here to develop closer links between the PHLX and the foreign exchange market here. Exchange president Nicholas Giordano told BT that the committee will consist
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    • 221 8 HONGKONG Life insurance company J Rothschild Assurance, newly-launched in the UK, is planning to set up shop in Hongkong in the second half of the year. The Sunday Morning Post reported that the Hongkong office will be manned by a staff of five
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    • SMALL CHANGE
      • 84 8 TAIPEI Total assets of Taiwan's offshore banking units amounted to U5523.54 billion as of December 1991, the Central Bank of China said yesterday. Claims on financial organisations accounted for 83 per cent of the assets, with loans to non-financial institutions and investments in negotiable
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      • 75 8 TOKYO The Japan Securities Dealers Association (JSDA) and the Tokyo Stock Exchange (TSE) are considering drawing up operating guidelines for stock brokerages, heads of the two groups told a news conference yesterday. "In areas such as large-scale sales promotion where they are supposed to exercise self-restraint,
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      • 71 8 WELLINGTON A Bank of New Zealand spokesman said the bank would cut its New Zealand base lending rate to 11.75 per cent from 12.75 per cent. The effective date was not immediately available but a statement is expected shortly. In the statement the
        71 words
      • 66 8 TOKYO Nippon Life Insurance Co will set up an office in Taipei this month to gather information on Taiwan's financial, securities and insurance industries, a spokesman said yesterday. It will be the first Japanese life insurance firm to set up an office in Taiwan. Nippon Life
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    • 642 8 Scaling back most evident in interbank market IHT PARIS International bank lending was stuck in the doldrums in the third quarter last year, the Bank for International Settlements said in its regular quarterly survey of activity. The report, made available ahead of its release
      IHT  -  642 words
    • 230 8 AFP HONGKONG The High Court adjourned yesterday a liquidation hearing for the Hongkong arm of the Bank of Credit and Commerce International (BCCI) because takeover negotiations were continuing. The High Court adjourned the liquidation hearing to March 2 after lawyers for the receivers
      AFP  -  230 words
  • Page 8 Advertisements
    • 192 8 redit Lyonnais Rouse is one of the many financial and banking institutions that form about 60% of Singapore Telecom's International Toll-Free Service (ITFS) subscribers. With the service, Credit Lyonnais Rouse's clients abroad can call free-of-charge to them directly to seek their advice on treasury and foreign exchange rates. AN INVESTMENT
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    • 6 8 CHARTPOINT Every Saturday in Business Times
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  • THE REGION
    • 510 9 Yangon may loosen 26-year grip on economy UPI, Reuter YANGON The Myanmar military government is examining privatisation as a means of boosting its flagging economy which has been centrally controlled for 26 years. A five-day seminar on privatisation, headed by a UN expert on privatisation
      UPI,; Reuter  -  510 words
    • 382 9 WASHINGTON US Trade Representative Carla Hills is expected to announce within the next 45 days whether the Bush administration intends to retaliate against India and Thailand because of their failure to provide adequate intellectual property protection. A United States Information Service report said
      382 words
    • 359 9 BANGKOK The US has raised concerns that the next Thai administration might not continue to adequately protect American intellectual property rights in Thailand, reports The Nation. US Ambassador David Lambertson was quoted as conveying this message to Thai Commerce Minister Amaret Silaon during
      359 words
    • 281 9 AFP HONGKONG Austria will push its closeness to eastern Europe and its future European Community (EC) membership to promote closer links with the Asia-Pacific region, Austrian Foreign Minister Alois Mock said here yesterday. Mr Mock, on his first leg of
      AFP  -  281 words
    • 326 9 Premier Vo Van Kiet takes active interest in oil exploration AFP HANOI Vietnam will work to create favourable conditions for foreign oil companies operating here, Vietnamese Premier Vo Van Kiet told oil company representatives in Ho Chi Minh City. Mr Kiet met representatives of
      AFP  -  326 words
  • Page 9 Advertisements
    • 192 9 I International Toll-Free Service (ITFS) offers Call-Free and Fax-Free facilities that can give j I your international business a real winning I advantage. NOW I Just by con YOU CAN SEE I nectinq Call-Free or I AND HEAR Fax-Free to your I THE OPPORTUNITIES phone or facsimile AROUND machine, your
      192 words

  • THE WORLD
    • WORLD WATCH
      • 95 10 MANILA The Philippine government has met the US$l billion (SSI.6 billion) budget deficit target set for 1991 by the International Monetary Fund, the Finance Department said yesterday. Official figures released by the department put the deficit at 26.33 billion pesos, below the 26.64 billion
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      • 72 10 OTTAWA Canada's unemployment rate, seasonally adjusted, rose to 10.4 per cent in January from 10.3 per cent in December, Statistics Canada said last week. Seasonally adjusted employment in January fell by 13,000 to 12,304,000. The number of unemployed was virtually unchanged at 1,429,000. A decline in
        72 words
      • 97 10 SANTAFE DE BOGOTA, Colombia Colombia and three foreign firms will invest more than US$2 billion (553.2 billion) in the eastern Colombia oilfield of Cusiana, the government announced on Sunday. Officials say the Cusiana field is the richest petroleum find in Colombia's history. Mining and
        97 words
      • 77 10 NICOSIA Gulf Arab oil ministers will meet to coordinate oil production policy today, a day before Opec's price monitoring committee meets in Geneva to discuss output strategy for the second quarter, the Petroleum and Mineral Resources Minister of the United Arab Emirates (UAE) said.
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      • 63 10 COPENHAGEN Denmark's trade surplus jumped 10 per cent last year to a record 22.7 billion crowns (556.08 billion) helped by strong growth in exports to neighbouring Germany. Economy Minister Anders Fogh Rasmussen said low interest rates, a tight rein on government spending and cuts in corporate
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    • 322 10 Reuter CARACAS Venezuela's President Carlos Andres Perez, unshaken by a coup attempt against him, has pledged to forge ahead with the economic reform? that have turned many of his countrymen against him. He said last Saturday that his government would
      Reuter  -  322 words
    • 620 10 Environmental experts call for action Reuter JAKARTA Water-thirsty industries, land reclaimed with compressed rubbish and global warming are plunging many of Asia's most crowded cities closer to sea level, say environmental experts in the region. That sinking feeling means more floods, more salt in
      Reuter  -  620 words
    • 269 10 Reuter TOKYO Japan's trade surplus in January is likely to have quadrupled from the previous year due mostly to cheaper oil prices, say economists. Several economists polled by Renter expect the January customs-cleared trade surplus to have ballooned to US$4.2 billion (Ss6.B billion) from US$9B7
      Reuter  -  269 words
    • 41 10 BUCHAREST With a new concept comes a new symbol. Romanian voters reading Democratic Convention Party posters, which bear drawings of the Statue of Liberty, last Sunday, during the first free local elections in over 50 years.
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    • 396 10 Reuter NEW YORK Economists are confident that a US recovery will unfold in the second half of this year in spite of wrongly forecasting that the economy would recover last year. TTie Blue Chip Consensus of 50 economists forecast in October
      Reuter  -  396 words
    • 536 10 IHT BRUSSELS With the European Community's new Treaty of Maastricht safely signed and sealed, a crucial budget battle beginning this week will determine if the Community can deliver the charter's lofty promises. The treaty, signed last Friday by foreign and finance ministers, pledges
      IHT  -  536 words
    • 312 10 Reuter LONDON Prices of manufactured goods at Britain's factory gates are expected to have jumped around 0.7 per cent in January as firms introduced their new year price lists. Speaking ahead of the release of producer price data late today, economists
      Reuter  -  312 words
  • Page 10 Advertisements
    • 199 10 HOW TO STAY TRIM IN BUSINESS BY CUTTING CORNERS These days, (o suy successful in business, one has to be highly competitive.That means having the right image, up- to- dale office equipment and full time experienced staff; yet keeping low overheads. Here at World Wide Business Centre Pie Ltd. we
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    • 154 10 B U S I N ESS T I M E S I packaging manufacturing business. We wish to seek suitably I quail/led candidates who are looking for a challenging Job I with exposure to a broad range of design activities to apply I for the position oft The ideal candidate
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  • Page 11 Advertisements
    • 299 11 (What leading industry consultants are seeing about NCR's System 3000/ «r i 9 li v t 'if Tj*f. T' i If"« i ilThe technology and the product strategy are brilliant. Even if NCR delivers ?Tl) TW 1 only half what it promises, it warrants u «r P the serious attention
      299 words

  • 483 12 EDITORIAL FOR 45 years India and Pakistan have stood eyeball-to-eyeball over Kashmir. And in the past two years the situation has become more urgent and poignant, with a moribund movement to liberate Kashmir having been revived and violence having claimed 6,000 lives. Muslim fundamentalist extremism is forcing thousands
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  • WHAT THE OTHERS SAY
    • 281 12 THE outcry over the practice of some governmentaided and Special Assistance Plan (SAP) schools of accepting donations in return for school places is understandable. But whilst people lambast schools for accepting donations and kiasu parents for offering such inducements, they should understand that these attitudes and actions
      281 words
    • 99 12 THE RECENT FINANCIAL scandal that once again rocked the Japanese Parliament shows how difficult it is to clean up corrupt practices among Japanese politicians. As one leading Japanese newspaper commented, the problem lies in the very heart of the Japanese political system. While the system tends to be
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    • 121 12 IT HAS ALWAYS been traditional of this society to contribute money and energy to set up and run schools. We cannot deem the government to be solely responsible for education. Of course, the government should raise its subsidy for aided schools to the same level as that
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  • REGIONAL VIEWPOINTS
    • 181 12 HAVING been army chief, supreme commander, defence minister and deputy premier, Gen Chavalit Yongchaiyudh seems to believe that a man of his stature deserves nothing less than the premiership once he has thrown his hat in the ring. But such self-importance tends to alienate voters more than
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    • 133 12 PUBLIC order and security, are matters of so wide a scope that it seems almost unreasonable for ordinary citizens to make too many demands. Nevertheless, order and security are also basic necessities if social life is to continue normally. We believe that as far as the public
      133 words
    • 184 12 YESTERDAY, we read with consternation that the Public Health Ministry is contemplating a plan to "bribe" citizens into being informers for health officials in their attempt to crack down on "illegal smokers". We use the verb "bribe" deliberately instead of "reward" as used by officials to show
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  • 885 12  -  As the reality of their eroding economic strength dawns upon them, some Americans have come up with a plan which they think might be the answer to their problems. Steven Greenhouse reports Steven Greenhouse NYT JUST when Americans should be celebrating their victory in the cold
    NYT  -  885 words
  • Page 12 Advertisements
    • 88 12 FOR SUCCESSFUL MANAGEMENT OF YOUR iU||NESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
      88 words
  • Page 12 Miscellaneous
    • 55 12 DOONESBURY BY GARRY TRUDEAU tCFfi! 6MS! TF£P OF LOSJNG UELL, NOV W CAN CQHE FOR- NOW, I KNOW UJHAT yOU'tt 9NGIN6&IGAGEMENB BECAUSE HJARP-MftTHOUT HAMN6 70 THINKING —'HA/BNT WE HAP H'"" CFtUHGRSUNWN6 KXJ IDA TALK TOSOMESWEATY, OVER- ENOUGH SLEA7B FOR ONE CAM- J PPSStPeHTIAL CANPiam* SKX ME/GHTTABIOIP REPORTER! PAIGNV WELL, LET
      55 words

  • ANALYSIS
    • 655 13  -  Hongkong's businessmen are beginning to have little confidence in her colonial government, writes Jackie Sam Jackie Sam The writer is a Hongkong-based political consultant OUT of control. The phrase is heard everywhere these days, especially from the lips of businessmen. Depending on the degree
      655 words
    • 1861 13  -  The ability of Russia and the Ukraine to see eye-to-eye may mean the difference between a Commonwealth (of Independent States) that stays together and a Commowealth that does not. John Helmer reports John Helmer I'he writer is a Moscow-based correspondent who writes Jor BT HE
      1,861 words
  • Page 13 Advertisements
    • 190 13 aVa Manchester The University Business wSm of Wales ▼aX2T SchOOi Bangor The Accelerated Executive MBA International Business and Finance ■■■■■■Ist Intake By Distance Learning April 1992 Bringing together the expertise of the Innovations and Strengths internationally renowned Manchester Flexible structure with specialist options Business School and the University ofWales, 180
      190 words

  • FOCUS
    • 814 14  -  Zoe Phoon reports on Sime UEP's unflagging efforts to maintain its competitive edge Zoe Phoon SIME UEP Properties achieved record earnings for the year ended June 30, 1991, at M$ 109.7 million (about Ss6B million), up 82 per cent from M 560.3 million previously. Turnover jumped
      814 words
    • 394 14 Malaysian Business SIME UEP Properties was incorporated in 1964 as United Estates Projects (UEP) to acquire and develop the Sungai Way Estate rubber plantation into a township comprising 10,000 houses and shopping and commercial units, a theatre and other recreational facilities. The
      Malaysian Business  -  394 words
  • Page 14 Advertisements
    • 54 14 J -V- f V f ,J r m I'f k.^t'l r Ji International Sporting Goods Show Match 25-29,1992 Organizer: Sponsor: Venue ®l CM44 EXTERNAL IROC WPS TAIPEI WORLD TRADE CENTER EXHIBITION HALL, 5 Hsinyi Road, Section 5, Tiipei, Tiiwan, Republic of China I De*t£»MENT COUNOL IWDt CCNTW TH: 886-2-725-1111 Fax:
      54 words
    • 17 14 Read Chart point, a guide to investing in 4 the stock market. Every Saturday in Business Times
      17 words

  • INNOVATION & TECHNOLOGY
    • 529 15  -  fUnit looking into wateiproofing concrete and lifting i sunken surfaces. Ang Wan May reports Ang Wan May HE research arm I of local constructs tion giant L&M I Group InvestXZ JtL ments has been two grants; one to «4ook w*ys of making Concrete mare
      529 words
    • 761 15  -  Claire Leow tunes into Philips' CD-I technology Claire Leow EVER wished your personal computer could give you the liveliness of television images and the tricks of PCs? Philips' compact disc interactive (CD-I) technology may just be
      761 words
    • 747 15  -  Having experienced both highs and lows, Taiwanese computer maker Acer may have to go back to the basics in order to return to profitability, says The Economist The Economist STAN SHIH, founder and boss of Acer, Taiwan's biggest manufacturer of personal computers,
      Source: Company reports;Jardine Fleming  -  747 words
    • 319 15 SINGAPORE HewlettPackard Co has introduced a new entry-level LaserJet printer, HP LaserJet UP plus, for $1,325 at list price. The printer can print four pages a minute and uses HP's PCL 4 printer language, which is supported by more than 3,000 software packages. It comes with 512 kilobytes
      319 words
  • Page 15 Advertisements
    • 202 15 COOPERS LYBRAND 1992 PROFESSIONAL EDUCATION INFORMATION SYSTEM SECURITY ft CONTROL AND AUDIT it i I 5 COURSE DURATION DATE FH Security ond Audit of MVS/XA 3 days 2-4 March $1,800 and MVS/ESA Seminar 1992 MVS Audit Security 2 days 5-6 March $1,200 I 1992 V RACF for MVS: Security Functipns
      202 words

  • Page 16 Advertisements
    • 787 16 Nothing Beats A Bud ES where to wine, dine OF 11 N J Wf 9H^KfIn(HSjH9B9I q|m w6^S£(u6m l\ "^vfilflKßßejff E%HT t-Xjm Splendid Fare, Sparking Champagie, Soothing Serenades All the right ingredients for a heartfelt celebration of Valentine's Day on 14 Feb. From 7 pm to 10.30 pm. Only $90 per
      787 words
    • 243 16 jflPvfyHT* PERFORMED DAILY AT Amktet Imperial splendour, our chefs /jßnjjl stage their highly-acclaimed performance jMmf I of legendary Bering cuisine to the satis- 2**\j tjml J I faction of demanding dlners.To guarantee PtaCC am n?St th€ dlscerntn B make r -£^x. 333 Orchard Road Singapore 0923. Tel *****11 j l
      243 words
  • Page 16 Miscellaneous
    • 574 16 TELEVISION AND RADIO "1 SBCI2 A paranoid ex-marine be- 5-5' Today in History. Kirn W|*QITIC ywWw been abandoned 600 N~l BUSINESS ON RAPtO ijiiu jjiaiiia «c« u su-rrjsrs; rr^",,,, ■■nTmntfmHHl 2?L_ mission is all in his bed and 7.00 CNN. 7.05 am, 5.05pm, 1.05 am. World P ro B r
      574 words

  • LIFESTYLE
    • 775 17  -  Ross Davidson profiles a man who has been in the music business for nearly half a century Ross Davidson FOR John Lee Hooker, there will always be the blues. "The blues is the only music," says Hooker, one of the last direct links to the music traditions
      775 words
    • 994 17 A new book chronicles the life of one of the world's most brilliant scientists and his theory on making choices NYT Prisoner's Dilemma By William Poundstone Published by DouMeday 290 pages, U5522.50 Reviewed by Christopher Lehmann-Haupt THIS chillingly fascinating book is the biography of a man and
      NYT  -  994 words
    • 724 17 CHAWERBOC FORGET the chocolates, the sexy phone calls, the knockout dress. A Japanese woman pursuing her ideal man this Valentine's Day just needs 1,000 yen (S$ 10.29) to buy him a new compact disc, relax and let this latest
      724 words
  • Page 17 Advertisements
    • 189 17 AND ENTERTAIN' Monday Western Delights Tuesday Chinese Savouries Wednesday Malay Temptations 'Thursday Indian Favourites Friday Italian Raptures Saturday International Lunch in a Flash Different types of carvery and salad buffet lunch every day. 12 noon to 2.30 pm. $19.50+4-per person. A ANA HOTEL SINGAPORE 16 hsm HM. Smgapori 1025 TaKphon*
      189 words
    • 188 17 CHINESE NEW YEAR AT J 9E\ MARINA BAY CHINA CHINA RESTAURANT 4 Set menus from persons to $*****0 persons A la carta menu from $14 to 60 per dish NISHIKI JAPANESE RESTAURANT Set menus from $30* $357 person Yoa don't have to be a member to enjoy fine dining V
      188 words

  • SPORTS
    • SIDE LINES
      • 127 18 LAl'lHßHll I, Florida Eight birdie putts in a final round f* Shelley Hamlin her first victory on the women's golf lour in 14 \ears on Sunday in the Phar-Mor at Inverrary. The victor) was especially sweet since Hamlin underwent a mastectomy last summer.
        127 words
      • 122 18 NAPLES, Florida Jimmy Powell shot his second straight 7-under-par 65 on Sunday to beat Lee Trevino for the Aetna Challenge PGA Seniors championship. Powell, who won U5567,500, shot a 31 on the back nine to hold off Trevino, who made an eagle on the 10th hole before
        122 words
      • 114 18 PARIS It was a taxing weekend for the leaders in the respective European leagues as Real Madrid and Anderlecht both lost while AC Milan, Olympique Marseille and Borussia Dortmund were all restricted to a single point. In Spain, Real saw their lead cut to two points over Barcelona
        114 words
      • 99 18 LONDON Stephen Hendry beat John Parrott 9-4 to win the Masters snooker title for the fourth successive year on Sunday. Hendry, who has never lost at the London venue of Wembley, was always in command and was simply too good for the world and UK champion. He
        99 words
      • 105 18 WELLINGTON The third and final Test between New Zealand and England ended in a draw after an eventful last session yesterday. Given a target of 233 in just over one session of play, New Zealand lost three wickets for 43 before it was decided to
        105 words
      • 95 18 BRISBANE South Africa's re-admission to world cricket threatens the future of the sport in Zimbabwe unless it is allowed to play Test matches. Zimbabwe's tour manager Don Topley said yesterday: "There is plenty of potential in Zimbabwe at the moment but we need to give the young
        95 words
    • 404 18 AFP ORLANDO, Florida The three-point shot in the final seconds said it all, among the All Stars of the National Basketball Association Magic Johnson still shines the brightest. Johnson scored 25 points in 29 minutes of playing time to lead the Western Conference to a
      AFP  -  404 words
    • 327 18 AP SAN FRANCISCO Jim Courier, having already secured his world No 1 ranking, was promptly beaten by second-seeded Michael Chang 6-3, 6-3 on Sunday in the finals of the Volvo San Francisco. The top-seeded Courier earned enough points to surpass
      AP  -  327 words
    • 741 18 Winter Olympics NYT VAL D'ISERE, France If the men's downhill is the jewel of the Winter Olympics, the setting was more dazzling than the diamond. At the top or bottom of the mountain known as Bellevarde, the snow was whiter than milk. Above the peaks, the sky
      NYT  -  741 words
    • 640 18 AP FAIRFAX, Virginia Algeria's Nouredine Morceli took the lead just past midway and breezed to a more than five-second victory at Sunday's Mobil 1 Invitational but did not come near his promised assault on Eamonn Coghlan's nine-year-old record in the world indoor
      AP  -  640 words
    • 276 18 AP HONOLULU John Cook shot 7-under 65 on Sunday to win the US$l.2 million (551.94 million) Hawaiian Open by two shots over Paul Azinger. Cook finished at 23-under 265, tying the course record set by Hale Irwin in 1981. The win. Cook's second of the year,
      AP  -  276 words
    • 400 18 America's Cup AP SAN DIEGO Defiant extended its winning streak against Stars-and- Stripes to four in a row on Sunday as The America 3 Foundation continued its dominance over Team Dennis Conner in the America's Cup defender trials. Defiant won the second race of the second
      AP  -  400 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4116 19  -  By Claire Leow MALAYSIAN stocks continued to dominate trading in Singapore where market activity picked up considerably yesterday with the return of the holi-day-makers. Singapore stocks, however, remained thinly traded and the benchmark Straits Times Industrials Index rose a mere 0.13 of a point
      4,116 words
    • Article, Illustration
      65 19  -  By Chew Eng Han Comment WITH 5-day stochastics near 100 and 13-day RSI almost at 80, a short-term correction appears imminent. Resistance at $1.02-1.05 is unlikely to be broken for now. Support is at 95 cents. If this holds, the uptrend continues with the next target at $1.15.
      SOURCE: PONT DATA  -  65 words


  • 3289 21 Leader U 494 +28 +6.0% Gentings 50* 795 +25 +3.2% Guinness 50« 350 +22 +6.7% Perlis Plant 500 +20 +4.2% Rothmans M 50* 885 +20 *2.3% Esso 50* 440 +18 *4.3% MISC Foreign 570 +15 +2.7% Samanda Hldgs 179 +14 *8.5% M Banking 468 +12
    3,289 words
  • Page 21 Advertisements

  • BT SHARE INFORMATION SERVICE
    • 229 22 CmpMy Data Ymt Groep Met MuntapfirMi iM to profit/loss (L) per ihart dividend (•000) (cents) Asa Pacific Jan 24 Sep 91 $65,969(155,737) 52.1(44) 28N(26N) F&N Jan 24 Sep 91 $57.443($53,080) 32.6(30 1) 13N(12N) Goodwood Park Jan 10 Sep 91 $22.137($21.216) 49.2(47.1) 80(50) H Msia Jan 10 Sep 91
      229 words
    • 121 22 Caopaay Date Yaar Graap pra-tex Itet aarahigs 6mi mm te praftt/laM (L) par shara dWMaad (•000) (cants) Put* Bank Jan 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 Can Dec
      121 words
    • 343 22 Figures in brackets are for the previous corresponding period. I: Loss. It Tax Exempted, N: Net. HTfc Not Yet Avaiabte. (a): Adjusted for scrip issues, (b): in million Dutch Florins, (c): Profit after tax, (d): In million HKJ, Company's profit, (0: In miHion yen, (g): Profit after tax
      343 words
    • 631 22 F«b 8 Singapore conglomerate Sembawang may take an equity interest in its joint venture French partner Petitjean, said to be the world's largest producer of high-grade transmission poles. Feb 7 United Industry Corporation and its subsidiary Singapore Land's current president and chief executive, Mr Leong Chee Whye will
      631 words
    • 359 22 Corront Ex Books Ma Total tor Total tor payment data ctoM payaMa tka yoar last yoar AIRT 4 21(e) Feb 7 Feb 21 Feb 28 7.7* 5 75% Altai Find USlOC(b) Mar 10 Mar 20 Mar 30 US10C US10( Awno 20c 12 5*TE Mar 3 Mar 13 May
      359 words
    • 119 22 Company Rights Issue Am Pac Land Four-tor-sewn M$0 50 per share Ex-date Ian 3 Books dose: Jan 17 Acceptance Payment Mar 5 Jacks M Two-tor-one $1.00 per share Ex-dale Jan 8 Books dose Jan 20 Acceptance Payment Feb 28 Tec* Rewrcet Four tor-fwe MSI 30 per share Ex-date
      119 words
    • 517 22 Company Rights Issue Mm Tech One-tor-one SI 00 per share Baton Issue of J90 978m nomral amount of 3.5% Redeemable Unsecured Guarvtoed Bonds 1991/96 with 45 489m detachable warrants on the bass of 12 normal amount of Bonds tor every three existing shares held Every $2 normal amount
      517 words
    • 35 22 Conversion Special Trdg Scrtple* Conversion dctdUx Period T ndin| Conpury starts (IDP) (ST) starts Jacks lot Jan 29 Feb 20 Jan 29 Feb 20 Feb 21 SPH NY A Times Pub NY A
      35 words
    • 75 22 Fraser Nun Ltd: 93rd AGM EGM at its registered office, 475 River Valey Road. Singapore 1024, on Friday, Feb 14, at 10am Chin Tack Plantations BW: 33rd AGM at No 107-1 Changkat Tambi Doiah, off Jalan Pudu, ***** Kuala Lumpur, on Saturday, Feb 15, at 10am The New
      75 words
  • 590 22 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 100. In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100
    590 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5130 23 Bernama SHARE prices here closed broadly higher in active trading yesterday, extending last week's surge with the key barometer rising 2.24 per cent and surpassing the 600-point level after over five months. The KLSE Composite Index ended at 603.35, up 13.51 points on
      Bernama  -  5,130 words

  • STOCK EXCHANGE OF THAILAND
    • 2184 24 Reuter TRADING in property firms Bangkok Land and Krisda Mahanakom accounted for more than one-third of turnover as prices ended mixed. The SET index closed 0.18 point higher at 780.26 on turnover of 8.75 billion baht. "The market started 6 points higher than
      Reuter; SOURCE: PONT DATA  -  2,184 words
  • 1162 24 Price Change Lippo Industrie 8700 2000 Bank Bali 8000 +1300 BBL Dharmalal 2600 450 Duta Anggada 4400 400 Indorama Synthe ***** 350 Prima Alloy Ste 3000 350 Panin Bank 6550 300 Kalbe Farma 8800 300 Pan Brothers Te 6200 300 Price* Chge Lippo Industrie 8700 29.85 BBL
    1,162 words
  • Page 24 Advertisements
    • 36 24 On the scoreboard (based on stocks listed in BT), 44 counters rose, 17 fell and 36 were traded unchanged. Advertising and Marketing every Thursday in Business Times. Read Personal Finance Investment in Business Times every Saturday
      36 words
    • 56 24 NOTICES READ C H A R T P 0 I N T EVERY S A T U R D A Y IN B U s I N E S 5 T I M E 8 WEEKLY OVERSEAS EDITION Jr r* *r— TV Strait* Twines Ea 1 y".„n, w ipiy r
      56 words
    • 275 24 P- I PARKWAY HOLDINGS LTD U5550,000,000 Floating Rate Notes Due 199* with Warrants to Subscribe for New Shares of Parkway Holdings Limited In accordance with the provisions of the Notes, notice is hereby given that for the three-month period from 10 February 1992 to 11 May 1992, the Notes will
      275 words
    • 187 24 THE COMMHKI ACT, CAP. SO CREDITOR® 1 VOLUNTARY WMOMQUP NOTICC OF APPOINTMENT and amiATiON of omcc or UOUOATOm Nam* of Company: NtaMo O— Pt NoiIHWIWM Wo, Don M Hoand Waa Alk Quan of Ootottls A Toucho, NRIC Noo *****80/E and *****8VJ haraby gi*a notloa M> At tho maaHngi of nwnbin
      187 words

  • TOKYO STOCK EXCHANGE
    • 2656 25 Reuter STOCKS closed at their day's lows yesterday in the thinnest estimated volume since 1982. Brokers said prices slipped amid a general lack of buying incentives ahead of today's national holiday. Political worries following a local by-election defeat for the ruling party
      Reuter  -  2,656 words
  • STOCK EXCHANGE OF HONGKONG
    • 2607 25 Reuter HEAVY afternoon demand for covered warrants and selected blue chips sent the Hang Seng Index to a record close of 4,733.56 yesterday, up 22.19 points. Brokers said active late trading in warrants of Hong Kong Electric, HSBC Holdings and Sun Hung Kai
      Reuter  -  2,607 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2411 26 Reuter LOCAL bargain hunters saved the day for the Australian stock market yesterday, which closed slightly higher despite fears it would follow overseas slumps. The market opened slightly weaker with some offshore selling, levelled by midsession, then regained its ground during the afternoon with
      Reuter  -  2,411 words
  • REGIONAL STOCK MARKETS
    • Manila shares slide on tax bill rejection
      • 55 26 INDiCES TURNOVER Ctoe AWIbh Fefc 19 MEW ZEALAND NZSE-40 Capital 1.458.30 1.467.12 -8.82 Turnover (NZSmillion) IS 32.20 -17.2 MANILA Composite Index 1.234.53 1.253.57 -19.04 Turnover (million) 1,990 3.900 -1.910 TAIPEI Weighted Price Index 5.204.55 5.217.63 -13.08 Turnover (NTS billion) 51 37.19 13.81 SEOUL Composite Stock Index 687.18 691.48 -4.30 Turnover
        55 words
      • 279 26 SHARES, led by price falls in Tclecom and Fletcher Challenge, ended lower but regained some ground towards the end of the session yesterday. The NZSE-40 Capital Index ended 8.82 points lower at 1,458.30 after earlier falling to 1,452.30. Turnover, worth about NZ$l5 million, was typically low for a
        279 words
      • 543 26 SHARE PRICES slipped on investor fears the Philippines could fail to obtain International Monetary Fund approval for its economic programme following the Senate's rejection of a crucial tax bill, brokers said. The fall was compounded by selling of shares in food conglomerate San Miguel Corp in what brokers reckoned
        543 words
      • 730 26 SHARE prices fell on the Korea Stock Exchange in heavy trading yesterday. The Composite Index of the exchange dropped 4.30 points to close at 687.18. Declines topped advances 533 to 203 among the 794 issues traded. Volume amounted to 32.87 million shares posting a turnover of 416.4 billion won.
        730 words
      • 537 26 LATE SELLING pulled the Taiwan stock index to a slightly lowef finish yesterday and brokers predicted trade would be narrow in the near term. The weighted index, which rose more than 50 points at the opening, ended 13.08 points lower at 5,204.55. Turnover was an active NT$5l billion against
        537 words
  • Page 26 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 597 27 NYT BUENOS AIRES For the fifth time in 21 years, Argentina has switched currencies. The country has officially stopped using the austral and returned to the peso, the name of the currency in many Spanish-speaking countries. In leaving the austral behind last month,
      NYT  -  597 words
    • 452 27 German investors snap up bulk of the offering Reuter FRANKFURT South Africa last Friday chalked up a victory in its struggle for acceptance by investors abroad with the successful launch of a mark-denominated bond by a state-controlled investment bank. South African borrowers are still
      Reuter  -  452 words
    • 376 27 Cross rates Feb 10 I USS SS MS Dm Yen SFr AS NZS USS 1.6190 2.5990 1.5620 125.30 0.5453 1.3930 1.3280 1.8416 SS 0.6177 1.6053 0.9648 77.3935 0.3368 0.8604 0.8203 1.1375 MS 0.3848 0.62 0.6010 48.2109 0.2098 0.5360 0.5110 0.7086 Dm 0.6402 1.0365 1.6639 80.22 0.3491 0.8918
      376 words
    • 534 27 Interbank rates SS Bid Offer Overnight 3 3 1/4 1-month 3 3 1/8 2-month 3 1/16 3 3/16 3-month 3 1/8 3 1/4 Overnight mode: 3 L'SS Bid Offer 7 days 4 4 1/8 1 month 3 IS/16 4 1/16 2 months 3 15/16 4 1/16 3 months
      534 words
    • 790 27 REPORTS Reuter ASIA Tokyo: The US dollar was a touch higher against the mark in late Asia on interbank short-covering, while it barely moved against the yen in static trading, dealers said. Tokyo traders are hesitant to trade aggressively ahead
      Reuter  -  790 words
    • 1106 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Mar 92 96.00 96XH 95.99 96.00 3876 ***** 2858 Jun 92 95.84 95.86 95.84 95.85 7851 ***** 4342 Sep 92 95.55 95.56 95.54 95.54 3910 9622 3268 Dec 92 94.89 94.91 94.89 94.90 1751 5564 1820 Mar 93
      1,106 words
  • Page 27 Advertisements

  • COMMODITIES
    • 350 28 NYT PARIS The president of the Organisation of Petroleum Exporting Countries said on Sunday that he would press for a significant cut in oil production to prop up sagging prices, which have dropped by 20 per cent since November. Jibril
      NYT  -  350 words
    • 362 28 Reuter LONDON Two state firms have emerged holding on to 75 per cent of the foreign trade in Russian oil as uncertainty over the award of export licences begins to clear, oil industry newsletter Energy Compass said last week. The
      Reuter  -  362 words
    • 820 28 REPORTS MALAYSIAN crude palm oil prices finished steady yesterday on light covering interest that reflected gains on the futures market. Dealers said sentiment was aided by news Pakistan will tender today for first half March shipment RBD palm olein. But trading
      820 words
    • 1333 28 Rubber Feb to HASjhk* SccntVkt Noon Close Inl I RSS Prompt 129.00/I3000N 129.50/130. SON Int I RSS Mar 92 130 50/131 00 130.50/131 00 Int I RSS Apr I32MV132.SO *****/132 50 Int 2 RSS OP 130.00/131.00N 130.00/131.OON Int 3 RSS OP 128.50/129.50N I28.50/I29.50N Int 4 RSS OP 126.00/127.00N I260VI27.00N
      1,333 words
  • Page 28 Advertisements
    • 480 28 ToW It— TW No 737 0Q43 Fax No: 734 3606 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, June Theng Ong of 11 A, Lorong G, Telok Kurau, Singapore (1542) have applied for a Beer House Second Class licence in respect of premises at Sentosa Coffee House at 1
      480 words
    • 350 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ARMOUR-HUGH SERVICES PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act Cap. SO, that the Final Meeting of the members of the above-named company will
      350 words
    • 7 28 Advertising Marketing in Business Times every Thursday
      7 words

  • 1206 29 City FHgM ETA FMgtrt ETD Atai MmM GA893 1500 GA974 2245 GA886 2245 MM* SQ228 1910 QF82 2115 kmtUrUm KL837 1340 SQ24 0115 GA893 1500 GA974 2245 SQ23 1815 KL838 2325 AiiekM NZ35 1530 SQ288 2045 NZ36 2305 ■lltMUM GA525 1450 B«Mtar Sari BI421 1105 SQ182
    1,206 words
  • THE TRAVEL PAGE
    • 681 29  -  POSTCARD FROM AALSMEER By Ben Hirschler IN THE pre-dawn gloom, glasshouse lights glow a sickly yellow while juggernauts from across Europe rumble towards the world's largest flower auction. Within hours their loads have been delivered to flower shops in London, Paris and Berlin, and a
      681 words
    • 152 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.212S 1.2295 Canadian dollar 1.3595 I.387S NZ dollar 0.8683 0.9020 Sterling pound 2.9575 2.9979 US dollar 1.6150 1.6250 Local do!bus to 100 units of foreign currency Austrian schilling 14.55 14.85
      152 words
    • 70 29 Duration Title Venue Organiser Tel Mar 10-12 Cadcam NEC. EMAP Intl 071-*****47 1992 International Birmingham Exhibitions Ltd (fax) Show Mar 12-22 International Turin. Italy Torino *****569 1992 Home Exhibition Esposizioni S.p.A Duration Title Venue Organiser Tel Mar 25 Pension Piccadilly. Le Meridien ********** 1992 Trusteeship London Hotel,
      70 words
  • Page 29 Advertisements
    • 38 29 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. We know Europe from start to Finniah
      38 words
    • 5 29 Appointment Ads An Effective Contributor
      5 words
    • 81 29 :»m? ],'Tl r r [iljß&^iMlltt^^.4 MfW I mBHHH IHB# 1f V #MMmhH|^^BH f- MK4U Min^H| fl 14. t, i Wi w vwnrjpHaM| 1'• i^^VZ: I 386^„ J *W One of the maddest military projects ever was called "KAMIKAZE" —a suicide squad of Japanese pilots who dived to death with their
      81 words
  • Page 29 Miscellaneous
    • 312 29 9 Heads turn in shock (4) flH___flß___flß_--flL_-JBL_^^^^__^J_— 10 Make you think of the P® I 1 j J I I I I B telephone warning (4,2,4) —taJ—— 11 Return to find caught in the trap free 12 Lingered anxiously near —HHBft—_— when he had to ring 2 I P 3
      312 words
    • 167 29 Singapore Outlook: Showers over i few areas in the afternoon. Report: Maximum temperature 32.6 Assoc humidity 64% Minimum temperature 24.6 Assoc humidity 95% Hours of sunshine 8.95 Rainfall in mm Nil Rainfall this month Nil Rainy days this month 0 World report Asia-Pacific Hi/Lo* Cond. Auckland 24/17 Showers Bangkok 33/23
      167 words
    • 24 29 I've E€£N TOSSiwG p>nd TuRniHG flu. I'm OORN OUT NIGHT WONDERING UHCTHCR ho go —s To WORK TOCW/...^ Bfao9 A ASSOCIATED W€WSPAPERS LTD.. IM2-IM2
      24 words

  • 418 30 Baker repeats terms for further help Reuter MOSCOW Planes carrying food and medicine from the West began arriving in cities across the Commonwealth of Independent States yesterday as "Operation Hope" got underway to show support for people in their hour of
    Reuter  -  418 words
  • 352 30 Reuter ALGIERS Algeria's rulers have decreed a state of emergency and struck to ban the Islamic Salvation Front (FIS) after days of bloodshed, but there were fears yesterday of more violence to come. Algiers was quiet for the first time in
    Reuter  -  352 words
  • 316 30 Agencies MUZAFFARABAD, Pakistan Paramilitary troops yesterday clashed with Muslim militants who have vowed to storm the United Nations-monitored ceasefire line and march into Indianheld Kashmir. At least eight people were injured and about 40 arrested, police said. The Jammu-Kashmir Liberation Front (JKLF) said
    Agencies  -  316 words
  • 277 30 AFP BANGKOK Official campaigning for next month's general elections began yesterday as candidates registered throughout Thailand to run for seats in the National Assembly, Interior Ministry officials said. By late yesterday, 148 candidates had turned up to register here, they said, while
    AFP  -  277 words
  • 995 30  -  The Bottom Line MANO SABNANI MANO SABNANI The writer is BT's Editor. This commentary first appeared in Singapore Business magazine MY COLLEAGUE, Schutz Lee, wrote in BT last month that in Singapore, it is accepted that saving for the future is not
    995 words
  • Page 30 Advertisements
    • 290 30 [Singapore's most popular Nitsuko I Key Telephone System I Analysis, Pg 13 ZARINA INDUSTRIAL PARK MALACCA, MALAYSIA A PARADISE FOR INVESTORS INDUSTRIALISTS Zarina Industrial Park (ZIP) u™*, rjl Larger plots can also be will be the Premier Industrial «ju*L 111 Wuhwiy Lwi— acquired through the Parkin Malaysia and when fully
      290 words
    • 3 30 Editorial, Pg 12
      3 words
    • 212 30 SINGAPORE COim fSZ Distributor of the most sought after Key Telephone System 7W: *****68 J J plrth I WESTERN AUSTRALIA. I I AN EXCELLENT SPOT TO PAIK YOUR INVESTMENT. I I I Under instruction from the Mortgagee, 374-394 V Murray Street 613-619 Wellington Street, Perth, M I Western Australia will
      212 words

  • Shipping Times
    • 358 31  -  By Juliette Walker SINGAPORE Local shipyard Pan-United Shipping Pte Ltd has completed a $15 million conversion of a bulk carrier into a chemical carrier capable of carrying liquid cargoes at temperatures of up to 250 deg C. According to a Pan-Unit-ed spokesman, this represents the
      358 words
    • 328 31 AFP DHAKA Security was tightened on Monday in the Bangladesh capital as an indefinite strike by private bus and truck owners entered its third day. Entry to many filling stations in the capital were blocked by empty barrels, as the stations had run
      AFP  -  328 words
    • NEWS SUMMARY
      • 41 31 MOST of the canals that once earned Bangkok the nickname "Venice of the East" have long been covered over with roads, but worsening traffic jams have sparked a modest return to the city's waterways Page 2
        41 words
      • 51 31 A SENIOR pilots' representative said on Sunday that the decision by French airlines to halt beacon-assisted landings by the Airbus A-320 highlighted concerns about an emerging navigation problem. Bart Bakker. president of the International Federation of Airline Pilots Associations, called it "map slippage" Back
        51 words
      • 36 31 A PLANE chartered by Gub Mediterranee crashed in Senegal on Sunday because the pilot mistook lamps in a hotel garden for airport beacons, a Senegalese official said here. Back Page
        36 words
      • 46 31 THAI naval personnel on Sunday seized hundreds of artifacts believed to be 12th century Chinese antiques from the crew of an Australianowned ship, which had retrieved the items from a sunken vessel in Thai waters, navy officials said Back Page
        46 words
    • 268 31 Reuter LONDON The price of shipping oil out of the Middle East is likely to stay depressed in the first half of 1992 as consumption falls in recession-hit industrial nations, brokers say. The International Energy Agency (lEA), the West's energy
      Reuter  -  268 words
    • 234 31 Reuter MANILA The Sultan of Brunei is negotiating to buy 10 per cent of the equity of Philippine Airlines (PAL), a government official said. He said the Sultan reached tentative agreement with the government's Committee on Privatisation last week. The deal will be
      Reuter  -  234 words
    • 871 31 Page Col ABC Containerline 12 1 Accord Group 8 1-3 APL 5 3-5 APC Line 13 5 Arrow Inter 9 4 •ASCL 5 9 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 10 1 Bangladesh Shpg 8 5 The Bank Line
      871 words
    • 365 31 Bernama KUALA LUMPUR The Malaysian motor industry, gearing itself into the fourth successive year of continued growth, is expected to take a back seat in terms of sales by the second half of this year because various steps introduced by the
      Bernama  -  365 words
    • LOG BOOK
      • 84 32 BUENOS AIRES Argentina will begin to seek offers later this month for the privatisation of the state shipping line Elma, Transport Secretary Edmundo Soria said. The base price for bids will be US$B4 million (S$ 136.6 million). In addition the successful bidder will
        84 words
      • 83 32 DHAKA A 64-km long oil slick in the Bay of Bengal off the coast of Bangladesh is threatening marine life, the mass circulation daily Ittefaq reported here yesterday. It said fishermen had spotted the oil slick in late January, but did not know how
        83 words
      • 78 32 SINGAPORE Germany's Siemens AG announced the receipt of a US$37 million (5560.2 million) order for digital telecommunication switching equipment. The order marks the sale of over 1 million line units to Eastern Europe by Siemens. Under the contract, Siemens will supply the Polish telecommunication
        78 words
      • 63 32 LONDON Lord King, chairman of British Airways pjc, has told colleagues that he intends to hand over the chairmanship to the group's chief executive Colin Marshall, according to a report in the Sunday Telegraph newspaper. The report said King, 75, has not set a date
        63 words
      • 68 32 CHICAGO Northwest Airlines said it is not involved in the current talks between British Airways pic and KLM Royal Dutch Airlines. KLM owns 49 per cent of Northwest's total equity. A Dutch newspaper, citing "well informed sources", reported on Friday that cooperation talks between
        68 words
      • 49 32 EVANSVILLE, Indiana military investigators on Friday tried to determine what caused a military transport plane to crash into a restaurant and hotel, killing 16 people and injuring 19. All five crew members of the C-1308 Lockheed Hercules died in the Thursday crash and ensuing blaze.
        49 words
      • 72 32 MONTREAL Air Canada has confirmed that it has held preliminary talks with rival PWA Corp's Canadian Airlines. "We've had discussions on generalities with PWA, but we have nothing to add to that," said Air Canada spokesman Denis Couture. He reiterated the airline's recent view
        72 words
    • 777 32 SENTIMENT in the dry cargo charter market on Thursday was shaken by a further 21-point drop in the Baltic Freight Index to 1,372 against expectations of a 12 to 15-point loss, brokers said. The index was off nine points on Wednesday and 21 on Tuesday and has now
      777 words
    • 898 32  -  The city once renowned for its waterways as a means of transportation is now returning to its canals in an effort to combat traffic-clogged streets. Patima Klinsong reports Patima Klinsong UPI Most of the canals that once earned Bangkok the nickname "Venice of the East"
      UPI  -  898 words
    • 6147 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      6,147 words
    • 3350 45 Containeriine NV: Belsin Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkrts Business Corporation Philippine: Calsource Shpg A Trdg Pte Ltd (S) Ahrenkiel liner Service: Kim Shpg A Trdg (S). Albntros Sea-Air Service: Frata Shpg Pte Ltd
      3,350 words
    • 254 45 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844 Fax: *****16. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. Ouster Link Supplies A Services
      254 words
    • 1503 45 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax; *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aeroiink Freight International Tel: 545-803lFax: *****05. Tel:'s42-5911 Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50. Air Market Express Tel:
      1,503 words
    • 2655 46 ARGENTINA Labour working normally this week. Buenos Aires: Port busy with most general cargo berths occupied; no delays except for vessels needing a particular berth (gantry crane, deep draft etc). San Lorenzo: Port busy with 6 vessels operating of which 4 loading pelletized meals, 1 loading grain, 1
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    • 553 46 ARRIVALS Op Flight Type ETA T From TODAY NCA KZ203 B747F 0145 1 NRT KAL KE697 B747F 0150 1 SEL JAL JL6I7 B747F 0345 1 TYO SIA SQ835 B747F 1125 2 BSL/DXB RJA RJ024 B707F 1900 1 AMM/DXB CLX CV796 B747F 2115 1 LUX/AUH/KUL TOMORROW AZA AZ997
      553 words
    • 712 46 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Tamar 65,419 dwt and built Feb 1981 Hyundai, owners are serious sellers. Trying for US$l4 million. Hedda: 37,596 dwt and built July 1985 Hitachi, official ideas higher as brokers trying for US$l6.5 million to test. Anna: 26,702 dwt and built 1975
      712 words
    • 686 46 CRUISE FERRY SCHEDULES CRUISE SHIPS An_lk p Nine of Vosd ETA ETD Porta of Calls Port Ageat FEB II II Sea Princess 0800 2400 Sin-Jakarta Straits Shipping II II Royal Pacific 1000 1800 Croise-to-Nowhere Ocean Trade Chartering II II Ocean Pearl 0700 1800 Sin-Jakarta Borneo Shipping 12- 12 Royal Pacific
      686 words
    • SHIPS IN PORT
      • 485 47 Vrod fry H, Birth km* frparHn Marina Terminal 1 Batam Maiu *****2 M05 1102/0500 Batam Sayang *****2 M04 alongside 1102/0500 Batamindo 1 157S M01 alongside 10.02/1800 Blue Power 3 *****2 M04 1002/2300 Btm Bahagia *****2 ¥04 alongside 1102/0500 Citra Jaya *****2 M05 1102/2300 H» Hut 1 9203
        485 words
      • 151 47 Dim* Wmn rm BaHc 1: Juta Jaya; 2: Fu Ping; 3: Changdu; 4: nil; 5: nil; 6: nil. Oljattpii. DC* ml. Dm on Fib 10; Ncc Juan, Global Neptune. Ocean Winner, Silver Song, Pernas Sekoi, Barge Kuala Siak V, Bunga Setawar, Bangkok Bridge, Barge Josindo Satu, Kris
        151 words
      • 870 47 RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Rtcord Bootaf/Mance Rdtj Ship Voy No Etb/Btr Ptriod From To From Aa Jade 71A 12/1500 2 10/1700 11/0659 11/0900 4 11/1200 11/1459 11/1700 AC Columbu ***** 12/0900 1 10/1500 10/1659 10/1900 2 10/1700 11/0659 11/0900 3 11/0700 11/1159 11/1400 4
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    • 390 48 Find believed to be 12th century Chinese handicraft UPI BANGKOK Thai naval personnel on Sunday seized hundreds of artifacts believed to be 12th century Chinese antiques from the crew of an Australian-owned ship, which had retrieved the items from a sunken vessel in
      UPI  -  390 words
    • 282 48 AFP DAKAR A plane chartered by Club Mediterranee crashed in Senegal on Sunday because the pilot mistook lamps in a hotel garden for airport beacons, a Senegalese official said here. The crash, shortly after 0500 GMT near the village of Kafountine in Senegal's
      AFP  -  282 words
    • 264 48 Reuter LONDON Shell Transport and Trading Co PLC said that its Shell International Gas Ltd unit would have a 34 per cent stake in the upstream venture of a new liquefied natural gas (LNG) project in Oman. The Omani News Agency (ONA)
      Reuter  -  264 words
    • 421 48 NYT PARIS A senior pilots' representative said on Sunday that the decision by French airlines to halt bea-con-assisted landings by the Airbus A-320 highlighted concerns about an emerging navigation problem. Bart Bakker, president of the International Federation of Airline Pilots Associations, called
      NYT  -  421 words
  • Page 31 Advertisements
    • 9 31 MWUluOfi. For advertising enquiries, contact Shipping Times: lei 740-2089/740-2090.
      9 words
    • 202 31 FAR EAST TO EUROPE/ MEDTTERRANEAN CALL: 221 8989 1 a Assume "H 14 v -j-* v --if' Jfr^' I fS\ Then it's time to book with 11 I HI ri Nedlloyd Lines. V Being one of the world's largest and most innovative shipping companies, we have made it our task
      202 words
    • 51 31 Air Forwarders 15 Ar Frwght Schedule 16 Container Schedule 17 Courier Servws 15 Cruse Ferry Schedules 16 Daiy Fre«Ms 2 Indei to Advertisers 1 Port Conditions 16 Shppmg Agents 15 Shipping Gude 10.11 S»*psales/Tanl<er Rates 16 Shps w Port 17 Singapore Tides 17 Transport Dory 3 Weather and Sea Condrbom
      51 words

  • Page 32 Advertisements
    • 95 32 ft could be a controversial deal between two stock I 1/ market stars, a thought-provoking report by L Ml university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature
      95 words

  • Page 33 Advertisements
    • 2477 33 OOCL (S) PTE LTD JARDINE SHIPPING AQENCIEB TEL: *****11 FAX. *****09 All ll# V BOOKINGS TEL: *****234 *****58 j_ TERMINAL/CFS TEL: *****218 220 iTMAMn PCBAKA JARDINE BHIPPINQ AQENCIEB SDN. BHO. L VWQf I PORT KELANQ TEL: *****18 FAX: *****91 *****88 DftdiCfltftH tn OlialiKy PENANG TEL: *****4 FAX: *****1 CFS TEL:
      2,477 words
    • 1815 33 TRANSPORT DIARY Feb 21-24: Air Traffic Services in the 21st Century 4th Symposium, jointly organised by Civil Aviation Authority of Singapore. Federal Aviation Administration, USA, Department of Civil Aviation, France and State Institute for Air Navigation, USSR at the Raffies City Convention Centre. For I further information please contact Singapore
      1,815 words
    • 1425 33 mamsssssM NEXT SAILINGS TO U.SA LAUST MAERSK VOY. 9204 ETA SIN 17/2/92 MARIE MAERSK VOY. 9204 ETA SIN 18/2/92 V444H voTJirr irojFwd*™Ty I «~K<. DESTINATIONS TN* weak Marl* Maarak 9204 fl| f llli CY 18/2 0800 MRS Port ■■■■■■I IH CfS 17/2 2358 MRS Katang Panang OAK LOB HOU MEM
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  • Page 34 Advertisements
    • 1289 34 ROAM/ T7l VOY NO S PORE JEDOAH S'HAMTON H'BURQ ANT LE HARVE ELBE 09/106 12/2 22/2 7/3 3/3 5/3 8/3 LEVERKUSEN EXPRESS 05/306 15/2 4/3 6/3 0/3 Mfcßlla >H KAMAKURA 21/107 20/2 20/2 14/3 10/3 9/3 KITANO 12/307 23/2 11/3 13/3 16/3 17/3 1 HAMBURG EXPRESS 07/106 27/2 7/3 21/3
      1,289 words
    • 683 34 ■EAf PAQ i PER VICE DUECT SOUTH PACffIC SERVICE SIN NOU SUV PPT IMPERIAL 3203 EB 23-20/2 12/03 15/03 20/03 PALEMBANQ 3301 EB 2S-27/3 7/4 10/4 14/4 TranaH Tim* (13) (16) (22) ALSO ACCEPTMG CARGO VIA SUVA TO: LAUTOKA. MOO PAGO, AHA. NUKUALOFA, P. WLA FASTEST flg TO CHLE/PBU SIN
      683 words
    • 1589 34 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOT SM ALG BCL HAM ME ROT ANT FB IM 5 (VIA (VIA (VIA al6) nan rot) NORASIA PEARL 9149 3 16/02 07/03 09/03 12/03 14/03 13/03 15/03 14/tl 15/03 JAPAN SEA 150* 23/02 16/03 IS/03 21/03 23/03 24/03 25/03 26/13 27/93
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  • Page 35 Advertisements
    • 1819 35 1 jwf STRAITSSHIPPINGPTEOP^^^ Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tal: *****88 Fat: *****17 I ACCEPTS DUE SAIS SPORE BKOK T**ITS HOft *>K To. iSSTS* In Pt 11 F«6 Ty Pto t J™? ■TRAITS VENTURE VO4E Muari 1.6, KK 1711 Ftb In Pt 19 F«6 !JU!L« ItJi 15' m
      1,819 words
    • 2232 35 k|\i SINGAPORE AGENT: PfirA pAntaiflAl*C P4 Containers (Singapore Agencies) Pte Ltd X IXVy 9 15 Hoe Chiang Road #06-02 to 06 Sanford Building, Singapore 0208 Tel: 225 2233 Tetex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z import VIIML VOV pfMO 'PKO MM ALO SOU MIT ROT NAM
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  • Page 36 Advertisements
    • 441 36 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/VOV I S TORE ROAM/UIAN H'BURG BREMEN ANTWERP MATARAM/31WB 124/2 30/3 5/4 8/4 12/4 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject to lnduc«m«tit Also accepting cargo to Casablanca, Port Said, Port Alaxandrla, Genoa, Trioato. ALSO ACCEPTING BOTH CONTAMEXS. CONVENTIONAL CARGO
      441 words
    • 1414 36 @HANJIN SHIPHW I FOR VSL ml* HAUL 10 OAK FDR WL |UNE HAUL SAV Ul RYC I mm BREMEN 002E IS/2 BRECT 8/3 11/3 HANJM KUNSAN 07IE 17/2 M. KEELING 83SC 2C/3 27/J 21/3 I HARM HAMBURG OME 1/3 MECT 22/3 25/3 FISHGUARD MY 203N 24/2 M. PROMMENCE «21E 2/4
      1,414 words
    • 1208 36 J J -J IHI W U W MT OB KT H HO Ul 08 W RTC LM> W W l» IK HO Ol W I CGLEAMTREIM 13/2 10/2 11/2 21/2 24/2 25/2 27/2 21/2 2S/2 2/3 13/3 25/3 27/3 21/3 7/4 1/4 1/4 11/4 11/4 21/4 1/S 5/5 l/l E
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  • Page 37 Advertisements
    • 1741 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) #,^?^f OLLFREE > 0,0,000 NEPTUNELINK TEL *****00 (TOLL-FREE) *****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 i 222?2M/*****50 nepline sdn bhd Malaysia K.L.-(03) *****33,
      1,741 words
    • 1051 37 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****8 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUWD—OBCHMWaWG WESTBOUND—LOAOWG TttAHSHTfID W ROTTERDAM wssls not la* |m ms wi |sn Ina
      1,051 words

  • Page 38 Advertisements
    • 1576 38 J f AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) J V W W7* TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 I H MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD UM A Mm* JL ■Vf TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 J KAWASAKI KISEN KAISHA, LTD
      1,576 words
    • 1077 38 T 7PHILI OM€NT LIN€S PTC LTD 4K r 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: R*****0 FAX: *****76/*****38 Pjfi BY AIR, LAND OR SEA.... JSBr WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION IAWIMHAWPHfIMLAMMKHmiWaWC ffl —H 15 FEB SYDNEY. MELBOURNE. BRISBANE,
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  • Page 39 Advertisements
    • 1112 39 PACIFIC INTERNATIONAL LINES (PTE) LTD SZSSSSSS mm mm Building, 140 Cecil Street #03-00, Singapore 0106. IJAKAWtA 1 fiANGKOK TV I VESSEL VOY SIN JKT SIN VEBWL VOV B,N WH EDEN 071 1272 14/2 18/2 KOZINTSEV 14N 11/2 IS/2 20/2 EQUATOR MAS 3SN 13/2 15/2 6/2 PEGASUS PROGRESS 704N 14/2 17/1
      1,112 words
    • 1283 39 Eacßen9 P CUSS CONTAINER TRANSPORT FEEDER VESSEL PENANG P KELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) ANSON/TBN 7/2 8/2 BEN A VON 2QS2 IU2 28/2 1/3 2/3 4/3 ANSON/TBN 14/2 15/2 JUTLANDIA 2062 18£2 6/3 8/3 9/3 11/3~ ANSON/TBN 2U2 22/2 SELANOIA 2072 25/2 13/3
      1,283 words
    • 510 39 m MYANMA! Wmm. FIVE STAR UNE w Myanmar National Line) Loading for Yangon (Rangoon) S'pore PKI| Pen P.Gdf ►AA* VI73W 14/17 Fab kGAN VI SOW 23/25 Fab YOMArWA VI39W 3/ 5 Mar 26/2 Mar (A VII4N 4/ 7 Mar I THE BANK LINE (A tmHc* of Andrew W*k Shipping) \r
      510 words

  • Page 40 Advertisements
    • 579 40 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS IN BOUND VESSELS WSSU W 9 N IK U ftSUI TUMI IS M iU TU« Mil M FT SHI m 44 PT 12/1 COSMC PMU II 11/2 11/2 ISM CUPPtt 141 14/2 ■PT MUI MU 1 11/2 CMMC TUMI* 23 24/2
      579 words
    • 73 40 \RKISBCOWEWnOW?SETOCES/^ [Spore P Kelang Loading for I I NORMAN kMMO 15/2 11/2 Rdm/Atw/UK/Nantes I IS'pore Loading for I IgLOBAL STAR 9/2 ieddah/Aqaba I IgIONV SNY 14/2 Muscat/Dubai/Dammam/Kuwait I Iran RISER 25/2 Dubai/Dammam/Doha/Kuwait I S pore Loading for ■PAN LBERTY Los Angeles/New Orleans/ 1 Charleston/Norfolk/Camden I Iran EXPRESS Los Angeles/New Orleans/
      73 words
    • 107 40 I WEEKLY Ml CONSOLIDATION Aj| I BOMBAY MADRAS CALCUTTA f COLOMBO KARACHI CHITTAGONG I 4788 FAX: *****83 ISSSI europe/s.e.a. breakbulk service VESSEL PfmL KAKIANG CAREER IMBED IM4/1 ANTWERP 22/1 TO PORT KELANG 21/2, SMGAPORE 24/2 KAOKSIMG 2/3 m 88,0 7-10/2 ANTWERP 11-15/2 TO PORT KELANG, SMGAPORE, HONGKONG, KAOKSUNG, OSAKA, CHBA
      107 words

  • Page 41 Advertisements
    • 966 41 NEDLLOYD GIVES YOU MEDITERRANEAN EXPRESS FEEDER VESSEL PKG PEN OCEAN VESSEL SIN LEH(3) RTM(I) HAM(2) BRV FIX SOU GOT VESSEL Jkt PJ<| fw *Bhk Sn Sliyi Auckland Fiji(A) N-Ptymouth(A) Ttauni Lytt«lton(B) bM*(B) Napi* WifcftKC) TatrMfi «.«««-a 8/2 12/2 m 1/3 3/3 4,3 2/3 w «/3 g« .!/> .1/1 w! »/l
      966 words

  • Page 42 Advertisements
    • 796 42 TO AUSTRALIA/NEW ZEALAND [s£ |Fr«n llMb f$M [Audi [wi If CHUM MARTHA ?»4 [71 1/3 12/3 15/3 21/3 23/3 ELLEN HUDK 217 17/3 2«/3 29/3 ITS >/< i/4 BRUSSU 2M 5/4 12/4 16/4 19/4 24/4 M/ 4 C VEROLMI 261 15/4 22/4 M/i 3/5 !/J TTTi TO USA/CANADA *5 [sin
      796 words
    • 895 42 I EXPORTS TO HONGKONG. TAIWAN. MANIA I lAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUND YOY PKL PEN IKT SM MNI HKG KAO KEE TYO TOK SM7 NCO KOB II VESSEL VOY l«H |PKL PEN M.W SW ACI HT 206 **10.2 **12 2 11.2 14 2 112 20 2 25 2
      895 words
    • 197 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD IT* ETA CM SWK PORT KEIANG POMNG BLUE MK l« Port loadii* tor Uaw MVM HUOMU 18/2 Loading for Calcutta MXWM 20/2 Loading For Malt POKER SUM 25/2 Loading For Male DOfUKUIM S«Kd loaded For Febwaru PROGRESS IMERTY 22/2 loading for Male
      197 words
    • 1558 42 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINKR SERVICE ruHMr *ruum cuippimp cnw Dim SINGAPORE'S GENERAL AGENTS mwkias agents KL IE: *****51/17 FAI: *****52, ***** COSTAR SHIPPING PTE LTD PT. GLOBAL PUTRA I t KLANG TEL 36U106/S TU :MA ***** TEL: *****00/*****33 INDONESIA MARITIME FUtANG TEL (***** TU: MA ***** TELEX:
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  • Page 43 Advertisements
    • 651 43 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 0207 HOT LINE 3 *****33 24 LINES UMASSOI/PWEAUS 16/2 ROTTERDAM 16/2 HAIFA/ ASHDOD/ALEXANDRIA 16/2 HAMBURG/BREMEN 16/2 MARSEILLE/FRANCE 16/2 FELIXSTOWE/UK 16/2 BARCELONA/SPAIN 16/2 LEHAVRE/ANTWERP 16/2 GENOA/ITALY 16/2 GOTHENBURG/SCANDINAVIA 16/2 LOS ANGELES/WC/IPI 16/2 SYDNEY/MELBOURNE 15/2 NEW YORK/EC 16/2 FREMANTLE 13/2 VANCOUVER 16/2
      651 words
    • 956 43 gB TEL: *****33 (12 UnM) HI FAX: *****18/*****03 lOaj TELEX: R8 ***** R»MtP (3 UnM) \]W\ ETHIOPIAN SMPPtIG UNES 4 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VEBSEL |VOY ETA LOACXNQ FOR SPORE ABBAY WON 2 31WB 13/02 DARESSALAAM MOMBASA. DJIBOUTI AS3AB MASSAWA ABYOT 28WB 30/03 DARESSALAAM MOMBASA. DJIBOUTI
      956 words
    • 780 43 BHUM UOS 15/02 It/t2 a* OHUM## 15W W 14/07 Man 17/0? NITI BHUM 21$ 19/02 22/02 NAMTA BHUM# 7MI Son 10/02 Wed 19/02 ANA BHUM 1315 22/02 21/02 g BHUM* 493 M Utn 17/02 Thu 20/02 IKm BHUM 22S 20/2 20/2 HUM# POO Wd 10/02 Sat 22/02 SURARAVA JAMJ BHUM##
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  • Page 44 Advertisements
    • 1779 44 ■i^HMajyTsnnnTSHi BLOE STAR LIKE TO FROM |r^NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SM NPI AKL IYT SM MULBEAA 2K 13/2 24/2 VU NPL 2C/2 14/3 MAHSUM 0514 19/2 2/3 VU NPI 4/3 21/3 PROSPECT 178 4/3 IC/3 VU »l U/3 4/4 FULLY CONTAINERISED SAILINGS
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    • 1066 44 11 THONG SOON LINES PTE. LTO. I <M' 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 I TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO COMVENTtOMAL/CQIITABMM COT*—— SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL VOT ETA BEST IfESSEL MT SWE
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  • Page 47 Advertisements
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  • Page 47 Miscellaneous
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  • Page 48 Advertisements
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    • 768 48 ICHARTPOINTI Every Saturday in Business Times I EUROPEAN 1 ECONOMIC COMMUNITY I Germany Holland Belgium I ■UK France Italy Spain I Departures Every Sunday I I~ SIM JKT PKL PEN BKK tsi *****11 *****06 *****96 *****8 *****29 *****76 *****1 *****38 tax *****59 *****14 *****88 *****8 *****17 *****79 *****5 *****6J our
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