The Business Times, 14 February 1992

Microfilm: NL17797
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    16 1 BUSINESS TIMES THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Friday, February 14, 1992 75*
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  • NEWS SUMMARY
    • Article
      Tokyo's January trade surplus widened
      60 1 TOKYO Japan's customscleared trade widened to an unadjusted US$3.B4 billion (556.26 billion) surplus in January from a downward revised US$9ll.ll million surplus a year earlier, the Ministry of Finance said yesterday. However, economists said the pace of growth would slow and the figure for all
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    • Article
      Ford posts biggest loss in company history
      55 1 DEARBORN, Michigan Ford Motor Co yesterday reported a loss of US$2.3 billion (553.7 billion) for 1991, the largest in its history. Ford lost US$476 million in the fourth quarter of 1991, and chairman Harold Poling said it continued to face many of the
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  • MARKETS SUMMARY
  • Article
    JTC to spend more on development projects
    542 1  -  Expenditure projected at $273 m in 1992/93 despite soft demand By Selva Kumar SINGAPORE Although demand for industrial facilities is expected to continue to be soft, the Jurong Town Corporation (JTC) will increase its spending on development projects in the coming financial year
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  • Article
    Lock icon Aussie govt gets boost from fall in jobless rate and new survey
    370 1 Reuter SYDNEY A fall in Australia's jobless rate in January for the first time in three months heartened the government of Prime Minister Paul Keating yesterday and surprised financial markets which had been expecting unemployment to surge. The
    Reuter  -  370 words
  • Article
    Lock icon Suharto calls for Malacca Strait fee
    198 1 AFP JAKARTA Indonesian President Suharto has proposed that a passage fee be levied on ships passing through the Malacca Strait to help finance the safeguarding of the environment of the international sea lane. Visiting Malaysian Science, Technology and Environment Minister Law Hieng Ding told
    AFP  -  198 words
  • Article
    Lock icon SEC acts to make companies accountable for executive pay
    385 1 NYT WASHINGTON Under growing pressure from lawmakers and shareholders to make companies more accountable for executive pay, the Securities and Exchange Commission was expected yesterday to propose rules requiring publicly traded companies to disclose more fully how much their executives are
    NYT  -  385 words
  • Article
    Lock icon US retail sales up in January
    112 1 Reuter WASHINGTON Sales at the retail level in the US were broadly higher in January, representing the largest advance in eight months and well exceeding economists' expectations for the sector, the US Commerce Department said yesterday as demand for goods ranging from new cars
    Reuter  -  112 words
  • Article
    Japan and E Asia should use next decade to boost ties: Lee
    644 1 KYOTO Japan and all of East Asia should use the next decade to strengthen not only their economic but also political, cultural and personal ties, Mr Lee Kuan Yew told Japanese business leaders yesterday. The region should do
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      375 1 Fullmark TEL: 268 6688 Call for cooperation FRENCH companies should explore business opportunities in Indochina together with Singapore companies, says Singapore's Senior Minister of State for Trade and Industry. Page 2 Building boom SINGAPORE'S construction industry has lived up to expectations its output grew by 35 per cent last year.
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      132 1 Boost for Scotts HIGHER RENTS from its properties boosted Scotts Holdings Ltd's turnover and profit in the first half ended Dec 31, 1991, to $21.04 million and $2.42 million respectively Page 4 Kanzen issues KANZEN BHD, formerly Dreamland Holdings Bhd, has proposed a one-for-two bonus issue coupled with a one-for-one
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      44 1 JTC units generate $54m surpluses, Pg 3 Jurong Port reports record turnover, Shipping Times Pg I SI ,4 PROSPERITY YU SHENG 5/2/92 to 18/2/92 -t A </ S 4^ <# I -i PrimaTower s«§E«jß« «»o«o4o9EXe&2ol* 201 K*pp«< Road Singapore 0409 TEL: *****22 *****88 *f tt J&.
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      21 1 Ihesterton ERNATIONAL International Property Consultants 6 Battery Road #14-02/03 Singapore 0104 Tel: *****22 Keep combat troops at home: Lee, Pg 2
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  • PAGE 2 NEWS
    • Article
      Lock icon Philippines embarks on US$15b energy plan
      522 2 Bid to end blackouts, lessen dependence on imported oil Reuter MANILA The Philippines has unveiled a US$l5 billion (5524.5 billion) energy plan designed to end frequent electricity blackouts and make the country less dependent on imported oil by the turn of the century. The
      Reuter  -  522 words
    • Article
      Keep combat troops at home, Lee urges Japan
      662 2 KYOTO Let Japan take the first step towards militarism and its obsession with perfection will lead it to the fore. To ensure that it never become a military power again, Japan should keep its combat troops at home and provide only logistical
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    • Article
      Lock icon India starts process of easing restrictions on imports
      262 2 FT NEW DELHI India has started the process of easing the restrictions on imports imposed in March last year when the country was in the midst of a severe balance of payments crisis. S Venkitaramanan, the governor of the Reserve Bank of
      FT  -  262 words
    • Article, Illustration
      Be partners in Indochina, Boon Heng urges French
      320 2 SINGAPORE French companies should explore business opportunities in Indochina together with Singapore companies, said Lim Boon Heng, Senior Minister of State for Trade and Industry in Paris yesterday. Significant opportunities in infrastructure development, commodity trading and petroleum-related activities exist in Vietnam, and
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    • Article
      Skilled labour force key to success
      332 2  -  From Genevieve Cua In PARIS SINGAPORE can stay competitive only by raising the quality of its workforce, said Lim Boon Heng, Senior Minister of State for Trade and Industry. The possibility of tapping a skilled labour pool will be a magnet drawing investors to
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    • Article
      Lock icon Honshu Paper affair resurfaces
      684 2 Firm may be set to play leading role in new stock scandal AFP TOKYO Japan's Honshu Paper Co Ltd, the company whose stock price mysteriously tripled, then plunged just as precipitously, in the space of a few months in 1990, is suddenly back in the news.
      AFP  -  684 words
    • Article
      Curbing inflation is Jakarta's priority
      222 2 JAKARTA Maintaining low inflation will continue as part of Indonesia's economic strategy in the years to come. "We will not compromise our efforts to keep inflation low," Minister of Finance J B Sumarlin in his capacity as chairman of the Indonesian Economists Association (ISEI), was
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      141 2 Qpite Simply .keBEST focused IT Conference in 1992 2'4March, World Trade Centre M c« Ae* C» International Conference On Decision Support Systems (DSS) And Executive Information Systems (EIS) Presenting some of the best-known personalities in the world in Decision Support Systems and Executive Information Systems. David Friend Chairman CEO of
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      12 2 Indon banks likely to meet Bpc capital target by *93, Pg 6
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      91 2 CONVERSATIONS AT RAFFLES As a technocrat you want get things done. But you become too egoistic, failure is too terrible to consider. If you run for office, you don't want to lose. Meet Dr Narongchai Akratanee, economic adviser to the Prime Minister of Thailand. Student leader at 12, his country's
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      3 2 Editorial, P| 10
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  • SINGAPORE NEWS
    • Article, Illustration
      Construction sector set to retain lead in 4th qtr
      397 3  -  Output of industry up 35pc in 1991: URA By Colin Tan THE output of the construction industry soared 35 per cent in 1991, according to figures released yesterday by the Urban Redevelopment Authority. The URA's monthly figures for December show the
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    • Article
      JTC units generate $54m surpluses
      446 3  -  By Lee Han Shih THE subsidiaries of statutory board Jurong Town Corporation (JTC), created to function as private companies, generated surpluses of $54.3 million, out of a total turnover of $97 million for the financial year ended March 31, 1991. JTC has three subsidiaries Singapore
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    • Article
      MRTC to build $34m underground bus interchange in Woodlands
      386 3  -  By Dexter Lee THE government has commissioned the Mass Rapid Transit Corporation (MRTC) to build Singapore's first underground bus interchange at a cost of $34 million in Woodlands. The new bus interchange, which will be the most expensive terminal to be
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    • NEWS ROUNDUP
      • Article
        SAF to have Warrant Officer, Specialist Corps
        123 3 THE SINGAPORE Armed Forces (SAF) will introduce a Warrant Officer and Specialist Corps from July I this year. Defence Minister Dr Yeo Ning Hong said yesterday during a visit to the SAF Infantry Non-Commissioned Officers School that the SAF would no longer operate
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      • Article
        New diploma in financial services
        74 3 STANDARD CHARTERED BANK and the Marketing Institute of Singapore have launched a graduate diploma in financial services. The one-year course, costing $3,500 for locals, will be offered to Stanchart employees initially, before it is opened to staff of other financial institutions. Subjects covered will include
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      • Article
        Secretary of the Year award
        55 3 THE Secretary of the Year Award, now in its fifth year, is under way again. The backers this year are Sheraton Towers Singapore, Singapore Airlines and Her World, the leading local women's magazine in Singapore. Nomination forms for secretaries' employers are in the January and
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      • Article
        Sentosa expects 3-millionth visitor
        47 3 SENTOSA is expected to receive its three-millionth visitor for 1991-92 by the end of this month. The Sentosa Development Corporation said yesterday the lucky visitor would receive prizes, including cash, shopping vouchers and three days stay at the Beaufort Hotel on the island.
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    • Article
      Towards a high-tech information society
      280 3 A MAN at a bus stop gets out his portable computer and checks when the next bus is due. It seems farfetched now, but in the year 2000 such information will be accessible through emerging technology such as the Broadband Network system. The network, announced
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      314 3 Whichever road you take, we'll give you o good start I I\ I I) R\ 1 I I IN \N< IN(. FLEXI-DRIVE FINANCING 2X gifts cleaner. kerc r **cuu m *"0-1 acci*°' o,p,us <« aiJcc "C/ ub mbc rshjp. Things are finally looking good for car buyers. Now, with the
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      Page 3 Advertisements Column 2
      193 3 By arrangement with Harvey Goldsmith HOTEL PROPERTIES LIMITED PRESENTS An Evening With Sir PETER USTINOV J The 1990 Season sold out weeks ahead of the Opening Night this time book early for the one man show that brought extraordinary critical acclaim. "He thanked us for our company but, Mr Ustinov,
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Timah Langat to acquire 49pc stake in Connectics
        97 4 KUALA LUMPUR Timah Langat Bhd is to acquire 10.4 million shares of M$ 1 each representing 49 per cent of the paid-up capital of Connectics (M) Sdn Bhd for $10.4 million or at a price of $1 per share. Timah Langat said
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      • Article
        Magnum strengthens earnings
        84 4 KUALA LUMPUR Magnum Corporation Bhd said its acquisition of a 20.99 per cent stake in TA Enterprise Bhd would contribute positively to the future earnings of its '-group. Magnum said in a circular to shareholders that the activities of TA group would complement the Magnum group <
        84 words
      • Article
        OCBC paid-up capital rises
        39 4 SINGAPORE As a result of the exercise of share options pursuant to the OCBC executives' share option scheme, the issued and paid-up capital of Oversea-Chinese Banking Corporation increased to $595,436,777 as at Jan 31, 1992.
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      • Article
        UOL loan stockholders' register
        65 4 SINGAPORE The register of UOL loan stockholders will be closed from March 14 to 20 for the purpose of determining entitlement to interest. Interest will be paid on March 31 for the period April 1, 1991 to March 31, 1992, at 8 per cent Mess 31
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      • Article
        Causeway appoints director
        21 4 SINGAPORE Causeway Investment appointed Ms Janice Lee Lye Wah as a director of the company on Jan 31.
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    • Article
      Singapore Petroleum wins $500 m PUB deal
      174 4 SINGAPORE Listed SinIgapore Petroleum Company (SPC) has secured a $500 I million contract to supply J fuel oil to the Public Utilities 'Board. Under the two-year contract, which starts from 1993, !SPC will deliver 32,000 bar- rels of fuel oil daily to Senoko
      174 words
    • Article
      Scotts Holdings interim results in line with forecast
      333 4  -  By Sylvia Wong SINGAPORE Higher rents from its properties boosted Scotts Holdings Ltd's turnover and profit in the first half ended Dec 31, bringing its results in line with its forecast. Scotts Holdings, which owns Scotts Shopping Centre and The Ascott service
      333 words
    • Article
      First Capital subsidiary sells Mimax stake for Ms7m
      285 4 SINGAPORE To concentrate on its core business activities, First Capital Corporation Ltd (FCC) yesterday announced that one of its subsidiaries is selling its entire 60 per cent equity holding in Mimax Ribbons Pte Ltd. The buyer is Malaysianlisted MWE Holdings Bhd, which
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    • Article
      Lock icon J B Securities plans to service markets in Singapore, KL
      360 4 MBT KUALA LUMPUR Stockbroking firm J B Securities in Johor Baru plans to exploit its proximity to Singapore by catering for the markets on both sides of the Causeway. J B Securities, which evolved from the revamp of R&I Securities,
      MBT  -  360 words
    • Article
      EON to maintain 20pc stake in CCL
      233 4 KUALA LUMPUR Edwin Otomobil Nasional Bhd (EON), the distributor of the Proton Sagas, intends to maintain 20 per cent equity interest in Cyde Carriage Lid of Singapore. Accordingly, EON would monitor the issued share capital of C&C at all times and purchase such
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    • Article
      Kanzen proposes 1-for-2 bonus, 1-for-1 rights issues
      422 4  -  By William Chia SINGAPORE Kanzen Bhd, formerly Dreamland Holdings Bhd, has proposed a one-for-two bonus issue coupled with a one-for-one rights issue that will more than double its capital base to 83.79 million shares of Msl (550.63) each and raise M 555.30 million.
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    • Article
      Pacific Carriers reaps HK$2lm gain from sale of Citic stake
      314 4 SINGAPORE A Pacific Carriers Ltd (PCL) subsidiary has reaped an extraordinary gain of HK521.27 million (554.48 million) from the sale of part of its stake in Citic Pacific Ltd. PCL said in a statement yesterday that its subsidiary, Sanryo Company
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    • Article
      Lock icon KL Mutual Fund to launch third index next month
      366 4 Bernama KUALA LUMPUR The Kuala Lumpur Mutual Fund Bhd will launch its third fund next month the 100 million unit Kuala Lumpur Index Fund. The fund priced at Msl per unit will invest in component stocks of the Kuala Lumpur Stock
      Bernama  -  366 words
    • Article
      Lock icon Land and General chalks up 37pc rise in pre-tax
      252 4 Bernama KUALA LUMPUR Land and General Berhad reported a 37 per cent increase in its group pre-tax profit to M 586.67 million (5554.6 million) for the year ended Dec 31, 1991 compared with M 563.19 million previously. It said in a
      Bernama  -  252 words
    • Article, Illustration
      S'pore has role in Karachi bourse: Pakistan brokers
      460 5  -  From S N Vasuki in_KARACHI STOCKBROKERS and merchant bankers in Pakistan's nascent stockmarket say Singapore's securities industry and regulatory authorities could play a vital role in advising the Karachi Stock Exchange (KSE) on sustaining growth and mapping expansion plans. "We virtually started
      460 words
    • Article
      Chinese Estates minority holders continue crusade
      376 5 HONGKONG The aggrieved minority shareholders of Chinese Estates are continuing their crusade against Evergo Holdings' successful privatisation of their company, the South China Morning Post reported earlier this week. They presented formal complaints to the Governor, Legislative Councillor Chim Pui-chung, Omelco and the stock
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    • Article
      Lock icon Reuters profit up 6.3 pc, sales likely to slow this year
      380 5 Reuter LONDON Reuters Holdings pic on Wednesday reported a 6.3 per cent rise in '1991 profits, but the interna--1 tional news and information organisation said sales f growth was expected to slow in 1992. Pre-tax profit rose to £340.3
      Reuter  -  380 words
    • Article
      Lock icon Japanese camera makers await word from Honeywell
      344 5 FT TOKYO Leading Japanese camera makers are anxiously awaiting contact from Honeywell, the US electronic control systems manufacturer, which was awarded US$96 million (SSISS million) last week by a US jury for alleged violation of its autofocus technology patents by Minolta of Japan.
      FT  -  344 words
    • COMPANY BRIEFS
      • Article
        South Korea's Lucky to buy Hoechst venture
        106 5 SEOUL South Korea's Lucky Ltd, a unit of the LuckyGoldstar Group, will buy the remaining 50 per cent equity in Lucky Hoechst Corp from Hoechst AG for three billion won, Lucky said. A company spokesman said Lucky and Hoechst of Germany agreed in
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      • Article
        Sears to cut 600 jobs in US
        129 5 CHICAGO Sears, Roebuck Co said on Wednesday it will cut about 600 jobs nationwide as part of a plan to save the company some US$5O million (SsBl million) by next year. The third-largest US retailer said the cuts would affect its field management
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      • Article
        Pacific Magazines opens lower
        96 5 SYDNEY Pacific Magazines and Printing Ltd (PMP) shares opened at $3, 40 cents below issue price, when they officially listed on the Australian Stock Exchange. The News Corp Ltd raised $382 million last year by selling 55 per cent of Pacific Magazines, which holds News Corp's
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      33 4 You have the bits and pieces but do you have the full picture? Find out what the Year of the Monkey holds for the stock market iSIMGAPOREI 03HK830 The magazine for business trends
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      323 5 lifeV V *<« *1 IPMs •a Br?S ■w WEi -?-< Z v ~t7) f, t :>9: S®L -<.3 In a single stroke, a golf club head often reeches the lethel speed of 180 kilometres per tour. Like a car going at full throttle. And, in a single stroke, the MizunoZP-Vsaerodynamicform
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        US banks' holdings of Treasury securities up
        86 6 WASHINGTON US banks significantly increased their holdings of Treasury securities in 1991, according to a survey by the American Bankers Association. The group said the survey showed banks putting about 25 per cent of their securities portfolio into Treasuries, compared with 15 per
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      • Article
        Finnish bank maintains profit
        68 6 HELSINKI Finland's Osuuspankkien Keskuspankki Oy (OKOBank) said it maintained its profit level in 1991 despite being hit by increased loan and guarantee losses. Credit losses more than doubled to 209.8 million markka from 87.2 million. Its net income from financial operations rose to one billion markka
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      • Article
        Anti-mafia insurance fund
        91 6 ROME Italy's Lower House on Wednesday approved an insurance fund for businessmen whose property is attacked by the mafia because they refuse to pay extortion money. The fund will repay merchanls up to U*****,000 (*****,500) tax-free for each attack if they help identify the gangsters involved. The
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      • Article
        First of its kind in Australia
        75 6 SYDNEY Special investment vehicle Prime Asset Vehicle Ltd is issuing Asloo million (S$ 123 million) of promissory notes under Australia's first single-asset commercial paper securitisation, the programme's developer County Nat West Australia Ltd said. "The product is also unusual as it has a different
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      • Article
        Protection of deposit insurance
        52 6 SAN ANTONIO, Texas Community bankers at their annual convention on Wednesday said maintaining deposit insurance coverage levels and protecting the legal foundation of the United States' diversified financial system will be their top priorities. The resolution was part of a comprehensive package of measures approved by
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    • Article, Illustration
      Indon banks likely to meet 8pc capital target by '93
      361 6 JAKARTA Indonesia expects most of the country's banks to meet the required 8 per cent capital adequacy ratios by the end of 1993, central bank governor Adrianus Mooy said yesterday. He told a parliamentary hearing that 181 banks would have
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    • Article
      Lock icon Two US insurers report profit drops in fourth quarter
      489 6 Reuter HARTFORD, Connecticut Aetna Life Casualty Co reported a 34.5 per cent drop in fourth-quarter profits on Wednesday as a deteriorating real estate market took its toll on the United States insurance industry. Another insurance giant, Travelers Corp, announced that net
      Reuter  -  489 words
    • Article
      Public Bank to start joint venture in Phnom Penh
      434 6  -  By Harish Mehta THE Malaysian-listed Public Bank will sign a contract next week with the Cambodian central bank to set up the first Malaysian joint-venture bank in Phnom Penh. The signing of the contract will coincide with a three-day official visit
      434 words
    • Article
      Lock icon Public Bank met challenges in 1991 despite difficult conditions: chairman
      318 6 Bernama KUALA LUMPUR Public Bank Bhd has been able to meet challenges in 1991 despite rising cost of funds and the competitive and stringent banking industry, chairman Thong Yaw Hong said. The bank faced operational challenges and competitive opportunities but
      Bernama  -  318 words
    • Article
      S Korean bank taps Asian capital markets
      406 6  -  Seeks USssom term loan b* Kooi Cho Teng SINGAPORE Commercial Bank of Korea is tapping the Asian capital markets for a US$5O million (5581.5 million) term loan. So far, it is the only South Korean institution (o do so during this quarter and
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    • Article
      Lock icon Equiticorp directors face money-laundering charge
      211 6 AFP WELLINGTON A NZ$lOO million (5588.2 million) money-laundering charge has been laid against officials of Equiticorp, New Zealand's biggest-ever corporate failure, it was reported on Wednesday. The Serious Fraud Office introduced the new charge against the Equiticorp group during a pre-trial hearing on Tuesday in
      AFP  -  211 words
    • Article, Illustration
      Making sen out of the yen trend
      664 6  -  MARKET TALK By Kenneth James SINGAPORE Banana money it is not. But a yen bloc Japan's Ministry of International Trade and Industry recently released data showing that more and more trade, especially with the other Asian economies, is being done in yen. Now
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  • Page 6 Advertisements
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      121 6 BALLY CRSURLS SUJITZERLRND lovely To Look Rt and Comfortable To LLlear RODA (Black, Navy, Otive Green, Brown, Light Taupe, Off White, Off White) OSSA (Black, Navy, Off White. Browr SALVI (Black. Brown Navy, White) EURO SHOE SHOP PTE lID THE MARCO POLO HOTEL. UNIT 13/14, TANGUN ROAD SINGAPORE 1024, TELEPHONE:
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      62 6 REDIFFUSION SATELLITE TV ANTENNAS. THE ULTIMATE HEADEND SOLUTION Wtejpwwtej (NhM rangkn tor approved AiimSbH in ndt oI top TV antomat. w&h tram 0 75 m la 10m. ammsaHd, m»th of partoratad turtm Fo* mow mhxmabon. plnn oontact 'A 15 REDIFFUSION H REDIFFUSION (SINGAPORE) PTE LTD 1 JALAM SELAWTING, SMQAPORE 21
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  • THE REGION
    • Article
      Lock icon M'sian states may soon be allowed to control land sales
      260 7 NST BATU PAHAT Malaysian state governments will be empowered to stop the sale of land, other than industrial lots, to foreigners if a proposed amendment to the National Land Code is passed. Mentri Besar Muhyiddin Yassin said foreigners will be
      NST  -  260 words
    • Article
      Lock icon Vietnam to bar exports of three items
      192 7 AFP HANOI Vietnam will halt the export of processed wood, rubber and coffee starting this year while tightening restrictions on imports, State Planning Committee vicechairman Le Xuan Trinh said. "In 1992, the Vietnamese state will maintain only the export of rice and annul
      AFP  -  192 words
    • NOTE BOOK
      • Article
        Thais drop plans to buy AMX fighter jets
        75 7 BANGKOK The Thai air force has dropped plans to buy 38 AMX fighters from a Brazilian-Italian consortium. "There is no money to buy the fleet," Police General Pow Sarasin said on armed forces television on Wednesday night. The Thai military would have
        75 words
      • Article
        Smuggling costing Manila US$1b
        62 7 MANILA The Philippines loses US$l billion (SS 1.63 billion) a year because of smuggling, a newspaper quoting a World Bank report said here yesterday. The Manila Chronicle said the World Bank report partly blamed the large losses caused by smuggling on the archipelagic nature of the
        62 words
      • Article
        KL warns flat steel makers
        67 7 KUALA LUMPUR The Ministry of International Trade and Industry will have to revoke the licences given to flat steel manufacturers who have not shown any progress on their projects. The minister, Datuk Seri Rafidah Aziz, said her ministry had approved 10 licences for the production
        67 words
      • Article
        Review of M'sian-Thai border
        60 7 LANGKAWI Malaysia and Thailand are studying the border agreement signed by the Siamese and the British government of Malaya in 1909 to determine the boundary between the two countries. Foreign Ministry Secretary-Gener-al Datuk Ahmad Kamil Jaafar said this would be looked into by officials from both
        60 words
    • Article
      ADB gives nod to US$185m loan for Indon project
      308 7  -  Money will finance telecoms expansion From Al O Labita Jr in MANILA THE MANILA-BASED Asian Development Bank (ADB) has approved a US$lB5 million (*****.3 million) loan to finance the expansion of Indonesia's telecommunications system. In a statement, ADB said that the
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    • Article
      Lock icon US firms to invest US$30b in Indonesia
      235 7 UPI JAKARTA About 20 US companies plan to spend up to US$3O billion (5548.9 billion) in trade and investment in Indonesia, particularly in the country's oil and gas industries, a US businessman said on Wednesday. Harvey Goldstein, chairman and chief executive officer of
      UPI  -  235 words
    • Article
      Aussie, Thai cattle raisers holding talks on tie-up
      265 7 BANGKOK Australian cattle raisers are negotiating with their Thai counterparts on investing in a joint venture for cattle production using Brahman breeders for both the domestic and export markets, according to a report in The Nation. The paper, quoting Pallop Photipeuk, president
      265 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      122 7 Ail opportunity for children of expatriates and permanent residents in Singapore Commencing February 17th 1992 English College at Woodlands will offer Secondary (from Year 7) and PreUniversity (South Australian Matric) programmes and from March 2nd 1992 First Year Undergraduate Courses. The undergraduate twinning programme is a flexible one with possibilities
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      Page 7 Advertisements Column 2
      79 7 5*5 I r A m WING •<* m F A Hotel For People Who DONTLIKE Hotels. The more they travel, the more they'd rather stay at home. So next time you need to make a booking for a frequent business traveller, choose the one hotel that looks and feels like
      79 words
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      3118 8 k o*' *o \HO c*\A MALAYSIA TAIWAN j Ha Ali *ND Cm6w *e *1 «0 LIMITED Incorporated in Singapore *k NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN thai the Tenth Annual General Meeting of the Company will be held at the Singapore Room, sth Floor, Hilton Hotel, 581
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  • THE WORLD
    • Article, Illustration
      Lock icon Economists doubt forecasts of early E German recovery
      476 9 Kohl should not give people false hopes, they say Reuter BONN Leading economists are casting doubt on Chancellor Helmut Kohl's forecasts of early economic recovery in formerly communist east Germany, saying it could take up to 20 years before living standards approach
      Reuter  -  476 words
    • Article, Illustration
      Floods swamp Los Angeles area
      37 9 VENTURA, California A mobile home park adjacent to an interstate highway was flooded on Wednesday following heavy rains which caused damage throughout the Los Angeles area. At lease five people were killed.
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    • Article
      Lock icon Gulf states seek foreign technology
      576 9 Bid to lessen dependence on oil AFP ABU DHABI Gulf Arab states, no longer satisfied with massive earnings from oil clients, now seek foreign technology for industrialisation projects. The six-nation Gulf Cooperation Council (GCC) has earned more than US$BOO billion (Ssl.3 billion) since 1980 but
      AFP  -  576 words
    • Article
      Lock icon Soviet firms stashed US$14b abroad last year: report
      234 9 AP WASHINGTON Stateowned exporters in the former Soviet Union managed to keep US$l4 billion (5522.8 billion) abroad last year in spite of government efforts to get hold of muchneeded cash, an international banking group estimated on Wednesday. New policies and conditions might
      AP  -  234 words
    • Article
      Lock icon Banking group sees tough times for c'wealth
      451 9 Reuter WASHINGTON Russia and the other former Soviet republics will suffer skyrocketing inflation and a steep fall in output this year as they struggle to shift from communism to capitalism, an international banking group said on Wednesday. But the group, the Institute of
      Reuter  -  451 words
    • Article
      Lock icon Canadians urged to change to compete in global economy
      301 9 AFP OTTAWA Canadians are in danger of losing their position among the world's richest people unless they change their attitudes and behaviour, a governmentappointed think tank has warned. The Economic Council of Canada, in a report released on Wednesday, suggested that
      AFP  -  301 words
    • WORLD WATCH
      • Article
        Japan set to review CFC ban date
        127 9 TOKYO The Japanese government and industry will be faced with the task of reconsidering an earlier decision to ban the manufacture and sale of chlorofluorocarbons (CFCs) by the year 2000 after the announcement by US President George Bush on Tuesday that the US
        127 words
      • Article
        Tourist bonanza for Guangdong
        96 9 HONGKONG A record number of tourists visited southern China's Guangdong region last year as the province plans to build a US$26O million (***** million) theme park to attract more visitors. An all-time high of 6.17 million tourists visited Guangdong, which borders on Hongkong, last year, up
        96 words
      • Article
        US$110m China loan approved
        58 9 WASHINGTON The World Bank has approved a US$llO million (SSI79 million) loan to China to help finance a project to expand water supply and improve sanitation. More than nine million rural residents in Guangxi, Yunnan, Hunan, Gansu, Nei Mongol and Xinjiang will benefit from new waterworks
        58 words
      • Article
        Argentina raps EC policy
        71 9 STRASBOURG Relations between Argentina and the European Community are overshadowed by the EC's continuing use of "protectionist measures", Argentine President Carlos Menem told the European Parliament on Wednesday. But he urged the EC to put new drive into cooperation with Argentina, for example by reaching a
        71 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      351 9 CARPET AUCTION Sunday 16th February 1992 1.00 p.m. (Auction) (Viewing 10.00 a.m. to 12.30 p.m.) Jasmine Room. 2nd level. Hyatt Regency Singapore. 100 carpets and rugs from Persia and Pakistan. All carpets are backed up by a full trade-in guarantee at our show room. Auctioneer: LEE BOON CHUAY Presenter: PETER
      351 words
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  • Article
    Forging strategic alliances
    492 10 EDITORIAL THE high-powered Singapore investment mission which left for Europe last Sunday will be on the look-out for strategic alliances between Singapore and European businesses. It will not just bring in investments, as had been the aim of missions in the past. Taking the European mission which
    492 words
  • WHAT THE OTHERS SAY
    • Article
      Getting rid of Saddam
      294 10 UNITED STATES President George Bush would be ill-advised to try to recapture now the historical opportunity that he missed a year ago, when he called a halt to the Allied forces' advance into Iraq, allowing Mr Saddam Hussein to remain in power in Baghdad. The compelling
      294 words
    • Article
      A good move
      85 10 THE SINGAPORE Association of Islamic Religious Teachers (Peigas) is setting a good example for other Muslim organisations with its plan to offer working contracts to its religious teachers. The aim is to upgrade professionalism and improve the standard of teaching among the religious teachers. With more formal
      85 words
    • Article
      Helping the CIS
      141 10 IN A WAY, it is true that Western countries do not feel a sense of urgency to help the Commonwealth of Independent States. To the United States, so long as the CIS does not revert to the path of the former Soviet Union, it will not pose
      141 words
  • REGIONAL VIEWPOINTS
    • Article
      A new beginning
      202 10 VETERAN politicians, many of whom have switched parties since the previous election in 1988, once again told the media about their determination to serve the Thai people, bring social justice to the country and promote prosperity if they are elected to the House of Representatives. Palang Dharma
      202 words
    • Article
      Power for the KLSE
      169 10 THE Tenaga offering will be the largest fund-raising drive in Malaysian corporate history and the company is expected to take over the lead from Telekom Malaysia as the largest company on the bourse in terms of assets and paid-up. The power company's entry will strengthen the
      169 words
    • Article
      The Budget equation
      141 10 FINANCIAL Secretary Hamish Macleod's maiden Budget speech will be a test of how well he understands local politics. Unlike his predecessors, Mr Macleod is in the unenviable position of being the first Financial Secretary to have to deliver a Budget before a Legislative Council which contains directly
      141 words
  • Article, Illustration
    Lock icon Getting the world to drink it
    1160 10  -  Coca-Cola has a master plan for the 1990s and it includes the corporate goal to double total non-US sales volume by the end of the decade, says Alan Friedman Alan Friedman FT SOMEWHERE in the outer reaches of the Himalayas, a small and specially-trained
    FT; Source: Coca-Cola; Source: Jesse Meyers' Beverage Digest  -  1,160 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      119 10 ScalpeLscissors_sutures_ Business Times Whether you're a surgeon, lawyer, contractor or engineer, you need to be kept well informed to maximise returns on your money. In the same way a surgeon needs his tools to operate, he needs Business limes to help him make sound investments. Fluctuations in shares, in local,
      119 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      146 10 DOONESBURY BY GARRY TRUDEAU OKAY, OOYS AND &*!£>, HEW& MKT TWO OF OUR. CAMPAIGN fZ" 7FAGH-FOR-CASH'&fTFV BLANK! FILL IT IN AnPSBNPrnoMe, cars OF THIS RAPBR I L/ rue use YOUR.STOR.V, meusSeNP WU2SU6 ONtS! C 5 r 2'3 CAMPA IGN'92 TRASH FOR CASI 9. My relationship with the candidate toted: 12
      146 words
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  • ANALYSIS
    • Article, Illustration
      A problem with illegal immigrants
      1115 11  -  To some 6,000 Filipino Muslims, Gaya Island, near Kota Kinabalu, is the place they call home. But to the Sabah government, it is worse than a bad dream. Leslie Lopez explains why Leslie Lopez NAKED children run along rickety gangways above shallow waters filled with
      1,115 words
    • Article, Illustration
      Lock icon The art of Fedspeak
      621 11  -  Financial markets keep going up and down because of the United States Federal Reserve chairman's confusing comments, writes Samuel Fromartz Samuel Fromartz Reuter HOW DO you say the same words over and over and sound completely different each time around? It's not hard if you're Alan
      Reuter  -  621 words
    • Article, Illustration
      Lock icon Back on the road to reform?
      758 11  -  There are high hopes in China that reforms, which have been stagnant for some time now, will soon be expanded. Sheryl Wu Dunn reports Sheryl Wu Dunn NYT SOME Chinese officials say they see momentum building within the leadership to accelerate economic change while
      NYT  -  758 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      64 11 hama Photo* Video German Design Quality (Monday to Saturday: 9 am 5.30 pm) Fantasy Series $69 Regardless of brand, model or condition, your old gadget bag is worth mm* i from 30 purchase ed MP 6^ Zo SALES SUPER GRANDI Al photo A video bags HAMA CENTRE 261, Waterloo Street,
      64 words
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  • FOCUS
    • Article, Illustration
      Lock icon Opportune time to trim the fat
      1238 12  -  US business is taking steps to recover its financial health. Martin Dickson reports Martin Dickson FT THE euphemisms vary but the song remains the same: whether it is called "restructuring", "downsizing" or "reshaping to better meet the challenges of the *****", corporate America is
      FT; Research: Rivka Nachoma; Source: Shearson Lehman Brothers  -  1,238 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      174 12 Vorsprung durch Technik. Or simply put, why the most advanced car has the most advanced care. Audi Care. Only from Motor Ultima. Quite simply, the new Audi 100 deserves such treatment. (As you do.) Audi Care gives you 3 years trouble-free motoring. Covering every cost except for accidents, tyres and
      174 words
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  • SPORTS
    • Article, Illustration
      Lock icon Boerner triumphs against all odds
      395 13 Winter Olympics AP ALBERTVILLE, France An Olympic gold medal completed Jacqueline Boerner's amazing comeback 17 months after she was nearly killed in a traffic accident. Boerner won the women's 1,500-metre speedskating title on Wednesday on legs so battered in the crash that she spent eight
      AP  -  395 words
    • Article
      Lock icon A medal at last
      182 13 AP ALBERTVILLE, France Seiko Hashimoto, the durable speedskater whose fighting spirit makes her a favourite in Japan, finally won an Olympic medal on Wednesday, in her third and last Winter Games. Japanese-language banners around the rink exhorted "Hang in there, Seiko," as the 27-year-old skated to
      AP  -  182 words
    • Article
      Lock icon Family rivalry helps dream come true
      264 13 AP LA PLAGNE, France Austria's sledding Neuner sisters kept each other awake dreaming of Olympic medals. Doris and Angelika, who turned in the best finishes in their country's history in women's luge on Wednesday, didn't miss the sleep. "In that situation, there's so much
      AP  -  264 words
    • Article
      Lock icon England ponders best way forward against France
      574 13 Reuter LONDON To run or not to run is the choice awaiting England in its crucial Five Nations rugby union showdown with France in Paris tomorrow. England's brilliant backs are currently the envy of European rugby but, like millionaires with keys to both
      Reuter  -  574 words
    • SIDE LINES
      • Article
        Navratilova closes in on record
        126 13 CHICAGO Martina Navratilova, bidding for an all-time record 158 th career singles title, wasted no time at the Virginia Slims of Chicago tournament on Wednesday by taking just 32 minutes to beat Halle Cioffi 6-0 6-0 and reach the quarterfinals. Cioffi, 22, was no match
        126 words
      • Article
        It's a breeze for Courier
        55 13 BRUSSELS American Jim Courier breezed past France's Fabrice Santoro 6-2, 6-1 in an opening round match on Wednesday at the US$BOO,OOO Donnay Indoor tennis tournament. Courier, who replaced Sweden's Stefan Edberg as the world's top-ranked player last weekend, needed only 63 minutes to beat the
        55 words
      • Article
        Stich, Sampras through
        73 13 MEMPHIS Top-seeded Michael Stich and second seed Pete Sampras both had success at the US$7BO,OOO International indoor tournament on Wednesday in opening matches that went according to the script. Stich, who like Sampras received a first-round bye, posted a 6-2 6-2 win over American Todd Martin in
        73 words
      • Article
        Strong winds postpone race
        84 13 SAN DIEGO Wednesday's America's Cup defender series race between Dennis Conner's Stars and Stripes and Bill Koch's Defiant was postponed due to winds of almost 30 knots (55 kph). The race was rescheduled for late yesterday. Though the 22.5-metre America's Cup class sloops are designed to
        84 words
      • Article
        Hendry regains top form
        98 13 NEWPORT, Wales Stephen Hendry showed he is back to top form with a near flawless 5-1 sixth round victory over local hero Terry Griffiths in the £120,000 Regal Welsh Open on Wednesday night. On a slick table criticised by the majority of players, Hendry demonstrated the
        98 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      740 13 B U SINESS TIMES NOTICES TELEPHONE: Toll free Tel No 737 0043 Fax No: 734 3688 NOTICE NOTICE IS HEREBY GIVEN that. I TAD AO HARA of N0.7 Pandan Valley #09-507 Singapore (2159), have applied for a Retail Liquor Shop licence in respect of premises at M/s I MM BRANDS
      740 words
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      Page 13 Advertisements Column 2
      111 13 MORTGAGEE AUCTION YOUR BEST NEXT INVESTMENT? o X TOWERPOINT BURWOOD HWY KNOX MELBOURNE AUSTRALIA Invest In Knox Towerpolnt Retall/Homemaker. Entertainment/Office complex and stand to make a potential net income of approx. $7,000,000 p.a. The Municipality of Knox and environs Is one of Melbourne's fastest growing areas ensuring strong demand for
      111 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      180 14 Nothing BeatsAßud. WHERE TO WINE, DINE... y "■> r?m Splendd Fare, Sparking (hampagie, 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 couple for the 5-course meal, with complimentary glass of Pommery champagne. The
      180 words
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      Page 14 Advertisements Column 2
      303 14 UNIQUELY HYATT Brannigan's is a pub unlike others it specialises in fun! Cocktails, snacks and live entertainment awaits you in the basement of the Hyatt nightly. Opening hours: Monday to Sunday spm to lam Friday and Saturday spm to 2 am Live entertainment HWT REGOCYISNGAPORE 10-12 Scats Road, Singapore 0922.
      303 words
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      Page 14 Advertisements Column 3
      178 14 ft f Cafe Plaza Wining dining dancing all the things you 'd do for love are happening at Cafe Plaza this Valentine's Day. Come discover the splendour of it all. Woo your date with a romantic 4-course dinner at the Western Corner (s4o++) or Dinner Dance at Club 5 (sss++).
      178 words
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      Page 14 Advertisements Column 4
      203 14 r PERFORMED DAILY AT THE PINE COURT Amidst Imperial splendour, our chefs stage their highly-acclaimed performance of legendary Beijing cuisine to the satisfaction of demandtag diners To guarantee your place amongst the discerning, make your reservations early. Lunch 12pm to 2.30pm Dinner 7pm to 10.30pm IHhl 333 Orchard toad. Singapore
      203 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      609 14 TELEVISION AND RADIO Valentine verve OUR CHOICE SMrley Valentine, 10.45pm, SBC 5 Pauline Collins won an Oscar nomination as a housewife stuck in Liverpool. She escapes her dreary husband and the dreary weather for sun, sea and sex in Greece. She has a fling with Tom Conti but really falls
      609 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon In praise of Allen
      584 15  -  Mary Blume on the Allen-mania that is sweeping the Citv of Lights prior to his film premiere Mary Blume IHT THAT the world premiere of Woody. Allen's new film, Shadows and Fog, is being held this week in Paris instead of New York has been a
      IHT  -  584 words
    • Article, Illustration
      A book which picks at the bones of the Soviet carcass
      705 15 Title: The Moscow Coup Author Martin Sixsmith Publishers: Simon Schuster; 180 pp, $24.95 Renewed by: Salil Tripathi WHEN HISTORY moves fast-for-ward, it is useful to press pause and playback. Most instant history books fail because they focus on the
      705 words
    • Article
      Queen to play in Aids charity concert
      527 15 THE BRITISH rock group Queen said on Wednesday it would play an open-air concert in London in April as a tribute to its lead singer, Freddie Mercury, who died of Aids last year. Proceeds from the April 20 concert at Wembley football stadium,
      527 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      291 15 AND ENTERTAIN m Monday Western Delights Tuesday Chinese Savouries Wednesday Malay Temptations Thursday Indian Favourites Friday Italian Raptures Saturday International M Lunch in a Flash Different types of carvery and salad buffet lunch every day. 12 noon to 2.30 pm. $19.50++ per person. ANA HOTEL SINGAPORE 16 Niwm HO. Sngaport
      291 words
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      Page 15 Advertisements Column 2
      130 15 Love is in the Air.. At Marina Way %pmantxc Valentines Day (14th Jeb) Dinners at China China Restaurant at fSS or f 136 for 2 persons 9(ishifti Restaurant at f6S'for 2 persons Tee-Off Cafe at fSS for 2 persons (mduswi of acmpbrnentayglauof Champagne tack tmd a gwtawaf tfeart Jnnttakt Joncant)
      130 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Property stocks continue decline in active trade
      865 16  -  By Claire Leow PROPERTY stocks continued to decline yesterday as analysts and brokers revised their ratings on the counters in anticipation of a worsening glut in the property market. But a broker warned that the market could be over-reacting. "Those who talked about
      865 words
    • Article, Illustration
      Lock icon HOT STOCK
      70 16 Comment UPSIDE target of $2.70 was not reached and the stock has now retreated. We are still probably in-a large triangle, which means buying on dips and selling on rallies would be the best approach. First buying level is around $2.25 to $2.30. If this breaks, expect a
      SOURCE: PONT DATA  -  70 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    1070 17 MAIN BOARD LOANS A WARRANTS 1991/92 Tci Canr Last Vol Day Last Qaote Rate Gr's YTd High Low 1 1 Code Coapaay Traded Sale +ar(W0) High Low Bayer Seller <%) <%) 25 386 88 38 95* 10 78 75 23 86 t t 1521 1565
    1,070 words
  • Page 17 Advertisements
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    115 18 I rerun M shafW < > uotod 1 0411 Jnd 10,5 <* 1000 stwa P/E rate Reflect last nut consofcdated results Forefn shares P/Es are adjuted tor currency LtUCHU unless otherwise specified inferences. ABN shares quoted m doMars Gr YTd Forev shares adiusted for currency
    115 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Mixed overseas signals send shares lower
      481 19 Losers lead gainers 205 to 33 Bernama SHARE prices here closed lower yesterday, extending Wednesday's losses on further profit-taking, causing the key barometer to fall about one per cent. Investors were also reluctant to lend support amid mixed signals from the major overseas bourses.
      Bernama  -  481 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS FORECAST
      24 20 Forecast figures are contributed by Baring Securities, Crosby Securities, DBS Securities. GK Goh Securities, Hoare Govett Securities and Kay Hian James Capel.
      24 words
    • Article
      OTHER RESULTS DUE
      68 20 Net Profit represents consokdated earnngs after provision (or depreciation, interest charges, taxation and minonty interests: t Intenm; F: Final; (a): In mkon yen. (b): In Austrakan Mars, (c): In mkon guilders; (d) In HKJtn, (e) In USsm; (I) Period of 16 friths 1 EPS annuaksed. (g) Period
      68 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      13 20 Footnotes Deemed Interest (n Enlarged share capital NA: Not Available
      13 words
    • Article
      AUDITED RESULTS
      2 20
      2 words
    • Article
      PRELIMINARY RESULTS
      2 20
      2 words
    • Article
      INTERIM RESULTS
      120 20 F«ures m brackets are for the previous corresponds period L: Loss. TL Tai Exempted. Ik Net. HYA: Not Yet Available, (a): Adjusted for scrip issues, (b): In mril»n Dutch Florms, (c): Profit after tax. (d): In rmltion HKJ, Company's profit (f): In million yen. (f): Profit after tai
      120 words
    • Article
      CORPORATE DEVELOPMENTS
      350 20 Feb 12 Sngapore Electronic and Engineering Ltd has revamped its corporate structure to make itself more customer-oriented and more competitve. Pubic France Berhad, a wholly-owned subsidiary of Public Bank Berhad, plans to float 70.47 m shares and seek a listing on the main board of the Kuala Lumpur
      350 words
    • Article
      DIVIDENDS ANNOUNCED
      126 20 Ml shares quoted have a par value of $1 unless otherwise specified NYA Not Yet Avatoble. kit Interest I Intenm, N Net TE Tai Exempt S Special tfcwdend. (a) Adjusted tor scnp issue, (b) First and Fmal. (c) Includes 41 special dividend, (d) Includes 6% special dividend; (e)
      126 words
    • Article
      APPROVED ISSUES
      2 20
      2 words
    • Article
      PROPOSED ISSUES
      2 20
      2 words
    • Article
      COMPANY MEETINGS
      97 20 Frw* I Neavt Ltd; 93rd AGM EGM at its registered office, 475 River Valley Road, Singapore 1024, on Friday, Feb 14, at 10am Clin Tick Plantations Bhd: 33rd AGM at No 107-1 Changkat Tambi Doteh, off Jaton Pudu, ***** Kuala Lumpur, on Saturday, Feb 15, at 10am The
      97 words
    • Article
      SCRIPLESS CONVERSION
      2 20
      2 words
    • Article
      RECORD HIGHS & LOWS
      3 20 RECORD HIGHS LOWS
      3 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      40 20 Ataw an prist trwtft tfea wrU'% mtttr stack wurtmta m cafcatolai by Mum Staa lay Capital tw>aniat>a—l Panpartha, torn. Men aurtud «Wi a• an tahaa few a ass.-mres&wsrssr Copyright* 1991 Morgan Stanley Capital Intema ionai
      40 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Market ends slightly higher in volatile trading
      148 21 UPI STOCK prices finished slightly higher in record trading yesterday with the Stock Exchange of Thailand (SET) index closing at 803.2, up 1.76 points. "The market movement was quite volatile after the big advance on Wednesday," said Am porn Ruangprasertkul, a broker from
      UPI; SOURCE: PONT DATA  -  148 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Stocks close higher in active trade
      90 21 SHARES closed higher yesterday, boosting the index by 1.21 points to 292.55, brokers said. They said the market was 'active with strong local buying interest in most sectors. The turnover rose to 12.55 million shares compared with Wednesday's 11.79 million. Indah Kiat closed 250
      90 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      7 21 Enterprise Management in Business Times every Monday
      7 words
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      Page 21 Advertisements Column 2
      794 21 BUSINESS TIMES NOTICES Toll free Tel No 737 0043 Fax No: 734 3606 IN THE MATTER Of THE COMPANIES ACT, CHAPTER 90 AMD m THE MATTER Of RBC DOMINION SECURITIES (S) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) fINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companiea
      794 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Fears of new scandal send stocks lower
      251 22 Reuter STOCKS closed lower yesterday for the third consecutive day in choppy trade. Bargain hunting and renewed hopes of easier credit helped offset fears that a raid on a trucking firm may herald a major new political scandal, brokers said. Yesterday's monthly options
      Reuter  -  251 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Index puts on 31 pts for a record close
      241 22 Reuter SHARES yesterday advanced solidly in heavy trading to a record close, but finished well off their intra-day highs on profit-taking. The blue-chip Hang Seng Index put on 31.07 points to 4,763.50, piercing the previous record of 4,733.56 set on Monday.
      Reuter  -  241 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article
      Lock icon Shares rise on better than expected jobs data
      397 23 UPI PRICES closed well below their highest level for the day on the Sydney Stock Exchange yesterday after the release of better than expected jobless figures, brokers said. At the close of trading, the All Ordinaries Index was up 2.2 points to
      UPI  -  397 words
  • REGIONAL STOCK MARKETS
    • Absence of fresh news sends Seoul index lower
      • Article
        SEOUL
        102 23 THE STOCK INDEX fell for the fourth consecutive day, dropping through the 660 level in the absence of fresh news in the market to improve investor sentiment, brokers said. The composite stock index fell 7.74 points to close at 656.49. A total of 26.8 million shares worth 349.5 billion
        102 words
      • Article
        TAIPEI
        157 23 SHARE PRICES finished higher across the board, rebounding slightly after recent sharp falls. Brokers predicted narrow trade in coming days. The weighted index closed at 5,088.10, 26.50 points higher than Wednesday's 5,061.60 finish. Turnover fell to NT529.65 billion, the thinnest in over a month, from NT$32.B billion. Brokers said
        157 words
      • Article
        MANILA
        186 23 SHARES slipped on dampened investor interest after pro-administration presidential candidate Fidel Ramos went abroad for an undisclosed purpose and the market was left to speculators. The Manila Stock Exchange composite index lost 6.16 points to close at 1,219.32. Traders sought a clearer picture of political alliances for the May
        186 words
      • Article
        Untitled
        0 23
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  • WORLD STOCK MARKETS
    • Dow at new highs on both markets
      • Article, Illustration
        NEW YORK
        806 24 STOCKS scaled new heights on Wednesday to close at record highs in both the listed and secondary markets, helped by programmes and rotation among issues. Spurred in part by expectations of a further interest rate cut by the Federal Reserve, many indices bounded past recently set records. Analysts
        806 words
      • Article, Illustration
        LONDON
        370 24 LEADING stocks finished lower here on Wednesday after a report from the Bank of England dampened hopes for recovery and lower interest rates. In its Quarterly Bulletin, the bank said it could see no signs of an economic upturn and highlighted the difficulties in cutting interest rates. The FT-SE
        370 words
      • Article
        FRANKFURT
        505 24 SHARES shrugged off rumours of a new coup in Russia to end a volatile trading session mixed, with the focus on second-tier stocks. The 30-share DAX index ended 4.63 points lower at 1,678.92, well above the day's low of 1,671.63 which came after some slight selling pressure emerged on
        505 words
      • Article
        JOHANNESBURG
        253 24 A GENERALLY quiet stock market closed mostly firmer on Wednesday, buoyed by slightly improved interest in quality issues and stronger world gold prices, dealers said. But no clear direction was evident in the thin conditions, they said, describing the atmosphere as cautious. The JSE overall share index ended the
        253 words
      • Article
        Untitled
        69 24 Feb 12 Lire Assitalia 8860 -88 Bastogi 150 0 Fiat 4937 -38 Generali ***** 80 Ifi Priv ***** 100 3520 8 Itakementi ***** unch Montedison 1342 9 Mediobanca ***** -60 752 •16 Magneti Risp 780 -30 Olivetti 2790 -26 Olivetti Priv 2258 -4 Pirelli Spa 1131 Pirelli Co 4314 -11
        69 words
  • Page 24 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar moves up against mark in European midday trading
      1187 25 REPORTS THE US dollar had worn out a pfennigwide groove around 1.60 marks by the London mid-session as dealers pushed it to and fro in rather listless technical trade. A lack of good gossip yesterday morning the dollar's four pfennig
      1,187 words
    • Article
      Lock icon Watanabe calls for a return to yen and sen
      348 25 FT TOKYO Japanese people reached for their calculators on Wednesday after Mr Michio Watanabe, the Foreign Minister, announced that knocking noughts off the yen would lead the country out of "recession". A redenomination, he argued, would revive the economy by stimulating
      FT  -  348 words
    • Article, Illustration
      Lock icon Argentina will not devalue peso
      256 25 Reuter BUENOS AIRES Economy Minister Domingo Cavallo said the government planned to stick to its economic programme and had no intention of giving in to pressure to devalue the peso. "There is no way in which we are going to give up the stability we
      Reuter  -  256 words
    • Article
      INTERBANK FOREX RATES
      10 25 Source: UOB Source: Astley Pearce Source: OCBC
      10 words
    • Article
      MONEY MARKET
      74 25 Rates quoted by Astley Pearce Rales quoted by NatWest Note: Based on latest issues Source: The Monetary Authority of Singapore Average of prime or equivalent lending rate Feb 13 Bangkok 14.3 Frankfurt* 9.75 Hongkong 8.5 Jakarta 23.0% Kuala Lumpur 9.0 London 10.5 Manila 21.0% New York 6.5 Tokyo
      74 words
    • Article
      FINANCIAL FUTURES
      17 25 Note: Volume and open interest are for previous day trading. Source: Singapore International Monetary Exchange
      17 words
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  • COMMODITIES
    • Article
      Tin prices start to climb after record lows last month
      423 26  -  By Shoeb Kagda SINGAPORE Tin prices, long depressed, have begun to climb over the last few days after hitting record lows in January. Though the worst seems to be over, traders and tin miners remain sceptical about the long-term health
      423 words
    • Article
      Lock icon Prices of non-ferric metals near recovery: German group
      282 26 Reuter FRANKFURT Prices of non-ferric metals have reached the end of the recent trough and will show a recovery soon, German metals group Metallgesellschaft AG said. Metallgesellschaft chairman Heinz Schimmelbusch told a news conference: "Judgment of metal markets is particularly difficult this
      Reuter  -  282 words
    • Article
      Malaysian erode palm oil closes higher
      842 26 REPORTS CRUDE palm oil prices were higher at the close yesterday on light covering interest that reflected gains on the futures market, dealers said. They said sentiment was aided by recent export business to Pakistan and Egypt. Trading remained thin with operators cautious about
      842 words
  • Article
    PRICES
    3 26 Source: UOB
    3 words
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      Page 26 Advertisements Column 1
      702 26 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, L, Tan Gek Lang of Blk 244 #02-1127 Ave9Yishun Ring Road, Singapore 2776, hive applied for a Wholesale/Retail Liquor Shop licence in respect of premises at M/s Hsiang Liquors Trading at 100 Eu Tong Sen Street 104-11 Pearl's Centre, Singapore 0105, and
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      Page 26 Advertisements Column 2
      482 26 NOTICE ELITE JEWELLERY PTE LTD (la Member*' Vaiutery LiquMatiwi) At an Extraordinary Oeneral Meeting of Elite Jewellery Pte Ltd held on 12th February 1002, the following special resolutions were duly passed. 1. That the Company be wound up voluntarily and that Mr Tan Dim Soo of Messrs O. S. Tan
      482 words
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      Page 26 Advertisements Column 3
      7 26 Innovation Technology in Business Times on Tuesday
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    355 27 (UIBJHt COOES: Afc Air mdw (MC), AY: Firmer Oy (FIN), AZ; Attala (AZA). BA: British A»ways Puttie Ltd Co (BAW), BG Oman Banglaoevi Artnes (BBC). Bi Royal ftunei Artnee Ltd (NBA). BR: EVA Always Corpn, CM Air Chine (CCA), Cfc Chma Artnes Ltd (CAL). CV: Cargolux
    355 words
  • THE TRAVEL PAGE
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      38 27 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. W« know Europe from ■tart to Finniih
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      Page 27 Advertisements Column 2
      30 27 Where to go for our magazines For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please cal our Customer Services Section on 749-2577
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      Page 27 Advertisements Column 3
      321 27 BUSINESS TIME NOTICES Toll-free Tel No: 737-0043 Fax No: 734 3608 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF UNITED OVERSEAS DEVELOPMENT LIMITED (In Members' Voluntary Liquidation) NOTICE OF FMAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of tw Companies Act. Cap
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      Page 27 Advertisements Column 4
      362 27 NOTICE NOTICE IS HEREBY GIVEN that I, Mr Foo Jong Kan of 16 Second Avenue, Singapore 1026, have applied for a Public Houee let Claaa Licence in respect of premises at M/s Bugls Street Development Pte Ltd at 4, New Bugla Street, #02-01, Singapore 0718, and that this application will
      362 words
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      Page 27 Advertisements Column 5
      354 27 UQUOR LICENCE NOTICE NOTICE IS HEREBY OVEN fal,lT«SwueLt*of Bk 51 #12-217 Bahru, fcppw 0315, hm applied far a Second Oaai Beer Houae licence in mpect of preuuses at M/i Leu| Chuan at 39 Kim Pong Road 101 -64, Sappon 0316, aid tot this appficnlioa wfl be heard n Coat No
      354 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      333 27 CRYPTIC CROSSWORD ACROSS 1 A lot of people after assistance back verbal attack (8) 5 The braggart may well be fired (6) 9 Getting up and in smart! (8) 10 Run straight (6) 12 Changing the soap to accommodate a medico (9) 13 A flier for instance concerned with take-off
      333 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      137 27 WEATHER Singapore Outlook; Showers over several anas in the late afternoon and early evenReport Maximum temperature 32.3 Assoc humidity 62% Minimum temperature 24.3 Assoc humidity 97% Hours of sunshine 4.1S Rainfall in mm Trace Rainfall this month 1 S.B Rainy days this month 2 World report Asia-Pacific Hi/Lo* Cood. Auckland
      137 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      45 27 Bn Stew: FtarX Hxtere SiGW! I W\sfC TO OCf UP, GCT GO TO TMe SWION, ON ft CROU>D€D T R*'N BNQ SLAVO PyOJRV FROn NIUC TO PlV£ POR PiffaNce 6612 I I m I— I I SHOULDN'T HAV£ TO DO TW/S!. ASSOCIATE!) NEWSPAPERS LTO IM3-IM2
      45 words
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  • Article
    Lock icon Prosecutors raid offices in fresh Japan scandal
    443 28 Trucking firm Tokyo Sagawa Kyubin under scrutiny Reuter TOKYO Japanese officials raided offices of two former executives of a trucking firm yesterday in the first step of an investigation into what political sources say could become another huge political scandal. "Following our undercover
    Reuter  -  443 words
  • Article
    Lock icon China introducing management reform in state firms
    354 28 AFP BEIJING More than 1,000 state-run Chinese factories have been given capi-talist-style management powers as part of sweeping efforts to reform the industrial sector, official media said yesterday. The government chose the 1,000 key enterprises as the first batch to be reformed and
    AFP  -  354 words
  • Article
    Lock icon Indonesia tells others not to push their values
    171 28 Reuter JAKARTA President Suharto yesterday said continued international criticism of an army massacre in East Timor three months ago amounted to a violation of Indonesia's rights. "No country should impose its values (on another country)... it is not in accordance with the
    Reuter  -  171 words
  • Article
    Russian in-fighting in way of Kurile accord
    438 28  -  From John Helmer in MOSCOW POLITICAL factions within the Russian government will prevent any move towards a peace treaty with Japan, or a settlement of the Kurile islands dispute. Senior Russian officials told Business Times that the resumption this week in Moscow of
    438 words
  • Article, Illustration
    Protesters face tear gas and barbed wire
    40 28 CHAKOTHI, Pakistan Kashmiri activists facing tear gas fired by Pakistani police on Wednesday after crossing a barbed wire barrier. The protesters were trying to cross the ceasefire line that separates Pakistan and India.
    40 words
  • Article
    Lock icon Kohl's faction threatens to block approved border pact
    188 28 AP BONN Chancellor Helmut Kohl's Cabinet on Wednesday approved a landmark treaty that would end border controls among West European nations on Jan 1, 1993. But in a bizarre move, Mr Kohl's own parliamentary faction threatened to block ratification of the accord.
    AP  -  188 words
  • Article
    Lock icon Opec resumes search for accord to cut oil output
    420 28 Reuter GENEVA Opec oil ministers yesterday resumed their hunt for an elusive formula to slow their pumps and put a floor under petroleum prices teetering on the edge of collapse, delegate sources said. Ministers from the Organisation of Petroleum Exporting Countries
    Reuter  -  420 words
  • Article
    Lock icon Major optimistic about economy despite recession
    207 28 Reuter LONDON Britain's economic prospects are bright despite the persistence of the recession, Prime Minister John Major said on Wednesday. He was speaking after a survey from the Confederation of British Industry (CBI), an influential employers' group, showed the British economy remaining in a
    Reuter  -  207 words
  • Article
    Lock icon Yeltsin revising economic policy amid outcry
    206 28 Reuter MOSCOW Russian President Boris Yeltsin, heading off opposition to his economic reforms, said yesterday that he is planning changes to ensure better social protection of the poor and to stimulate growth. He also stepped up pressure on Vice-President Alexander Rutskoi, a potentially powerful
    Reuter  -  206 words
  • Page 28 Advertisements
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      170 28 Ik'llkOlil The World's Finest Photographic System Perth WESTERN AUSTRALIA. AN EXCELLENT SPOT TO PARK YOUR INVESTMENT. Under instruction from the Mortgagee, 374-394 Murray Street 613-619 Wellington Street, Perth, Western Australia will be offered for sale at 11.00 am 11th March 1992. Venue: On the premises at 619 Wellington Street, Perth,
      170 words
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      Page 28 Advertisements Column 2
      17 28 Economists doubt forecasts of early E German recovery, Pg 9 Gulf states seek foreign technology, Pg 9
      17 words
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      Page 28 Advertisements Column 3
      81 28 iron The World's Finest Photographic System Banking group sees tough times for c'wealth, Pg 9 The Indisputable Genius Of Gerald Genua ggrald genla THE HOURCLASS• Lucky Plaza Tel 7)*****/1 VomTel 2)*****/7196• Centrepoim Tel 7 W1596 Peninsula Plaza TH 376)09/3)8566) Pilars Renaissance TH *****62/543 RaHle* Tel 3)***** Changi Airport Terminal I
      81 words
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  • SHIPPING TIMES
    • Article, Illustration
      Jurong Port reports record turnover
      498 29  -  Business went up by 41 pc to $51 million By Selva Kumar SINGAPORE Riding on a boom in bulk and general cargo throughput, Jurong Port has turned in a record turnover in the financial year ended March last year. According to the Jurong Town Corporation's
      498 words
    • Article, Illustration
      Lock icon Australian cruise ship fire put out, passengers reported safe
      274 29 Reuter JAKARTA A fire on an Australian cruise ship, the Ocean Pearl, off the Indonesian island of Sumatra has been put out and its 400 passengers are safe, an official with the Indonesian shipping company Pelni said yesterday. "The fire has
      Reuter  -  274 words
    • Article
      Lock icon A320 users urged to check landing sytem
      328 29 AP PARIS The French government on Wednesday recommended that airlines using the Airbus A 320 review how they use a computerised navigation system that malfunctioned aboard a jet landing in Bordeaux a week ago. Air France and its domestic counterpart, Air Inter, said
      AP  -  328 words
    • Article
      Mexican carrier appoints JSA as agent in Indonesia
      266 29  -  Bt Juliette Walker SINGAPORE Mexican shipping company Transportacion Maritime Mexicana (TMM) has named Jardine Shipping Agency (JSA) its new agent in Indonesia in an effort to bolster its position in South-east Asia. The 35-year-old TMM sees Indonesia in particular as having considerable
      266 words
    • Article
      INDEX TO ADVERTISERS
      3 29
      3 words
    • LOG BOOK
      • Article
        British Airways eyes stake in French airline
        64 30 LONDON British Airways is considering acquiring a minority stake in French regional airline Transregional (TAT), the Financial Times newspaper said. It said British Airways was believed to have received an approach from TAT. The French government last year disposed of its 35 per
        64 words
      • Article
        Bombardier wins Bangkok deal
        85 30 TORONTO Bombardier Inc said it is the designated supplier of rolling stock for the Bangkok rail transit system announced on Saturday. Other steps must be taken during the next year before construction of the system is assured, Bombardier said. If the project is carried through, Bombardier
        85 words
      • Article
        Panamanian tanker towed to HK
        62 30 LONDON The Panamanian tanker Sulu Sea, adrift in the South China Sea has been contacted by a tug and is now under tow back to Hongkong, Lloyd's Shipping Intelligence Service said on Tuesday. The 6,377-dwt oil, chemical and molasses carrier was found at position Lat
        62 words
      • Article
        Cyprus ship for Zeebrugge repairs
        56 30 LONDON The Cyprus bulk carrier lapetos, which sustained a crack in its hold after hitting a quay at Zeebrugge on Feb 2, has moved to a berth for repairs, Lloyd's Shipping Intelligence said on Tuesday. The 119,500-dwt vessel has unloaded 106,000 tonnes of iron ore.
        56 words
      • Article
        Pirates kill 2 on ship off Rio
        82 30 RIO DE JANEIRO Two sailors were killed in a dawn attack by pirates on a Maltese-registered ship anchored in the bay off Rio de Janeiro, police said on Monday. About 10 masked and armed men swarmed aboard the Anand early on Friday as
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      • Article
        Ice likely factor in SAS crash
        65 30 STOCKHOLM Swedish investigators have concluded ice probably caused the Dec 27 crash-landing of a Scandinavian Airlines System plane in which all 129 aboard survived, Swedish radio reported on Tuesday. The investigators were said to have found that material from outside the McDonnell Douglas jet,
        65 words
      • Article
        Bilspedition buys Jetpak Freight
        54 30 STOCKHOLM Bilspedition said on Tuesday it will acquire all the shares of air freight firm Jetpak in exchange for its 50 per cent stake in Swedish airline Linjeflyg AB. Bilspedition managing director Martin Lundberg said that this was part of a three-way agreement among Scandinavian Airlines
        54 words
    • Article, Illustration
      Indian shipping problems
      1044 30 Although the Indian government is keen to help its maritime industry expand, it not able to do so due to fiscal pressures from every direction of the economy sential. International Transport Journal WITH THE world's biggest democracy clearly intent on liberalising its shipping industry policies and encouraging
      1,044 words
    • Article
      DAILY FREIGHTS
      787 30 CHARTERERS again failed to make any relevant moves in the dry cargo market on Tuesday and rates eased further, brokers said. No key grain fixtures were reported and both the panamax and capesize sectors were subdued, dragging the Baltic Freight Index down another seven points to 1,349. The
      787 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      88 30 This report is based on umpit* as analysed by Veritas Petroleum Services and it an abstract Iron its mora detailed fuel quality statistics which art maNed nk f po T t h r 1 b TJ ro Ji p !l, ln r#fkMU brtvtt y Comparison has
      88 words
    • Article
      THE SHIPPING GUIDE
      4639 38 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
      4,639 words
    • SHIPS IN PORT
    • Article
      Lock icon LA backs McDonnell Douglas sale probe
      331 46 UPI LOS ANGELES The Los Angeles City Council, faced with a slate of resolutions supporting domestic industry, voted on Wednesday to support a congressional inquiry into the proposed sale of part of McDonnell Douglas to foreign buyers. The council voted its support for Los
      UPI  -  331 words
    • Article
      Lock icon Continental's creditors to sue ex-chairman
      354 46 UPI HOUSTON Continental Airlines unsecured creditors are trying to sue former chairman Frank Lorenzo and another company executive for US$lBO million (*****.7 million) and also want to sue the federal pension agency for US$l24 million. Lawyers for the creditors filed separate motions with a Chapter
      UPI  -  354 words
    • Article
      Lock icon Honda Canada accuses US of 'Japan bashing'
      326 46 Reuter TORONTO Honda Canada Inc accused the US of "Japan-bashing" on Wednesday after a preliminary report from the US Customs Service found Canadian-built Honda Civics do not meet Canada-US free trade rules. "We see this an abuse of the Free Trade Agreement and
      Reuter  -  326 words
    • Article, Illustration
      Lock icon TWA aims to make Kennedy Airport a domestic hub
      395 46 NYT NEW YORK In a move to attract business travellers and make New York's Kennedy International Airport, more of a domestic hub, TWA announced on Wednesday that it would add new morning flights from Kennedy to six big cities. Trans World
      NYT  -  395 words
  • Page 29 Advertisements
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      26 29 Llm« and MnrkM rtpr«MntMl ky, ntmMr) ot tnf KvgJtiry ot McrMUM Shipping Aftwtt, Stappwi Mitloml Stripping Mtflfittiw m tor advertising enquiries, contact Shipping Times lei 740-2089/740-20<M)
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      Page 29 Advertisements Column 2
      116 29 Some Reasons For THE STRAITS TIMES WEEKLY OVERSEAS EDITION You've posted a manager to head your Tokyo office. The Straits Times Weekly Overseas keeps him posted. For other reasons, send in your subscription TheStmtsTLmes Making an issue of the major issues SUBSCRIBE NOW! Name Address: .TWFaxCountry: Occupation: I wanttosubambefar. I
      116 words
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      Page 29 Advertisements Column 3
      39 29 Yourson is studying overseas. And you want him close to home -with news from home. To your principals and business associates overseas, it's assuring that Singapore is great for business. The Straits Times Weekly is like a country report
      39 words
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      272 29 THE FAMOUS HOT LINE 224 1833 For more information ple»»e refer to Pg. 13 Obstacles facing Indian maritime expansion WITH the world's biggest democracy clearly intent on liberalising its shipping industry policies and encouraging the growth of the Indian fleet without unduly assisting it, the tension between Indian owners and
      272 words
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      719 31 Dedicated to Quality Service OOCL (8) PTE LTD JARDINE SHIPPING AOENCIEB TEL: *****11 FAX: *****09 BOOKINGS TEL: *****234 *****58 TERMINAL/CFS TEL: *****218 220 PEBAKA JARDINE BHIPPINQ AGENCIES SDN. BHD. PORT KELANQ TEL: *****18 FAX: *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 IPOH TEL: *****3/4 FAX: *****6 P.GUOANG
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      Page 31 Advertisements Column 2
      965 31 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 Raffles City Convention Centre. For further information please contact Singapore Aviation
      965 words
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      Page 31 Advertisements Column 3
      875 31 MAERSK LINE NEXT SAILINGS TO U.S.A. LAUST MAERSK VOY. 9204 ETA SIN 17/2/92 MARIE MAERSK VOY. 9204 ETA SIN 18/2/92 Voy Thu «Mt Mart* Maarak 9204 CY 18/2 0800 MRS CFS 17/2 2359 MRS MARIE MAERSK 9204 MARIT MAERSK 9202 MARCH EN MAERSK 9204 MAGIEBY MAERSK 9204 MARGRETHE MAERSK 9204
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      875 32 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT LEVERKUSEN EXPRESS KAMAKURA KIT ANO HAMBURG EXPRESS TOKIO EXPRESS KATSURAGJ THAMES LA SEINE HOECHST EXPRESS KAQA HANNOVER EXPRESS KURAMA FRANKFURT EXPRESS VOY NO 05/306 21/107 12/307 07/106 04/308 10/108 10/309 23/110 02/310 23/111 07/311 15/112 61/312 I. Abo KCtptinf cyfo to: M UK t N.
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      554 32 CSAV Comp.inia SuflAmefiCA'u a <1f V.ipor«»* bA Chilean Lm«» 1872 SEASPAC SERVICE DWECT SOUTH PACFK SERVICE IMPERIAL 3202 EB PALEMBANO 3301 EB Tranaft Tim* SIN NOU SUV PPT 23-28/2 12/03 IS/03 20/03 2S-27/3 7/4 10/4 14/4 (13) (16) (22) ALSO ACCEPTSOG CARCO M SUVA TO: LAUTOKA, PAGO PAGO, APIA, NUKUALOFA,
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      Page 32 Advertisements Column 3
      876 32 REGULAR IWPEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOV NORASIA PEARL 9149 3 JAPAN SEA 150W CHMA SEA 151W NORASIA AI MUNTAZAH 9201-3 NORASIA SAMANTHA 9202-3 ALSO ACCEPT!* CARGO TO ALL U.K. DESTMATIONS, SCANDMAVIAN (AARHUS, COPENHAGEN, GOTHENBURG) AND OTHER MLAND PORTS VALENCIA VIA ALGERCRAS LHK IS/03 27/03 03/04 09/04 17/04
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      1184 33 STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa/: *****17 SERVICE TO SABAH SARAWAK BRUNEI SUM IS HOPE STRJUTS VENTURE MM!! BROOKE STRAITS STAR VO2E Mum Skan, Ta«r VO4E Muara, Lab. KK Vos£ Muara. lab. KK Vo3t Muara. Skan, Tata ACCEPTS CARGO 14-15
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      Page 33 Advertisements Column 2
      790 33 P&O Containers SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 Tel: 225 2233 Tele*: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT TO UK CONTINENT JEDDAH FROM UK CONTINENT JEDDAH VC6SCL ADRIAN MAERSK PENINSULAR BAY
      790 words
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      371 34 DJAKARTA LLOYD INDONESIAN NATIONAL LINE OR NM **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/VOY MATMAM/31WB SPORE 24/2 ROAM/ADAM H'BURC BREMEN ANTWERP 30/3 5/4 8/4 12/4 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONT AiNERISED CARGO Subfrol lo Induoomont. Aloo aoooptlivg oargo to CmMmet, Port Sold, Port Aloiandrla, Gonoa, Trloolo. ALSO ACCEPTING
      371 words
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      Page 34 Advertisements Column 2
      366 34 HANJIN SHIPPING TO USA PACIFIC SOUTH WEST TO EAST COAST (ALL WATER SERVICE) rat vs. HMUN KUNSAN 0711 FISHGUARD MT 20* HMUM CHEJU 079E HMUM KNANGYANG 086E NB T/S AT KCE acceptirn Reefer. Opentop. Flatrach etc to into. Montrul Toronto Baibmon Boston. PMiMplii, Norfolk, iacfciooniAi Point etc NB T/S AT
      366 words
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      Page 34 Advertisements Column 3
      846 34 II EVERGREEN full L ,Wf.r//)tY SiY l /i f Round-The-World East Bound (FE/CARIB/USEC/EURO- FE) n XT IK *f 111 U MT OR K) H no 1U CM Ml (growth«ois 11/2 19/1 hn mi nn 1/3 1/1 s/3 c/s 7/1 »/i j 1/4 3/4 ORAM) K-tn a/2 M/l 2/1 4/1 4/3
      846 words
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      1156 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: (TOLL FREE) USA SERVICE FAR EAST SERVICE UK/EUROPE SERVICE AUST/INDIA/PAK SERVICE *****00 (TOLL-FREE) 7844/27S w J 4 5' ■is ,< NEPTUNELINK TEL *****82 DOCUMENTATION DEPT *****31 TERMINAL OFFICE *****22 *****89 IMPORT CFS MB2 *****69/*****98 *****32 EXPORT CFS MB2 *****53/*****50
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      Page 35 Advertisements Column 2
      410 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQURES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FESCO STRAITS PACIFIC LINE Cal PMppkm lutofact to Mucamant of 1000 Tom
      410 words
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      885 36 K K LINE KAWASAKI KISEN KAISHA, LTD AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 MALAYSIA: "K" UNE MARmME (MALAYSIA) SDN BHD TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 INDONESIA: P.T. SARANA LAUT INTERNUSA TEL: JKT *****76. *****77. *****08
      885 words
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      Page 36 Advertisements Column 2
      834 36 PHIU-ORICNT UN€5 PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00Tetex: R*****0 FAX: *****76^*****8 BY AIR, LAND OR SEA... 4|fc WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 15 FEB SYDNEY. MELBOURNE, BRISBANE, FREMANTLE 17 FEB AUCKLAND. WELLINGTON. LYTTELTON, NEW PLYMOUTH. NAPIER.
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      764 37 PIL PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 REGIONAL CONTAINER SERVICES CR NO: **********0E VUUL A VIIWL BUNQA MELOR VOY SM KEK KAO SIN IS/2 25/2 27/2 5/3 33/3 3/3 5/3 19/3 hhhh VESSEL VOY SIN BLW PEN SIN SCA QLORY SQY2OS
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      Page 37 Advertisements Column 2
      799 37 EacßenV Ist1 st CUSS CONTAINER TONSPOKT M'llhs C()\|\l\m siuviCl 10 K NORIII COMIMM SCVNDINWH WEEKLY NOTE:- 1) SOU IE HAVRE/BELFAST/BN.BAO/DUBLIN 2) RTM: PARIS/BASEL/ANTWERP/CORK 3) HAM COPENHAGEN/AARHUS/VIENNA WARSAW/ GYDINIA 4) GOT OSIO/HELSINKI CLOSING TIME:- FCI: 18/2 0700 HRS LCI: 17/2 1700 HRS M'UIssCOYIMMkMKVK I IHOM sC.WDINUU NORIII COMIMM I K WEEKLY
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      Page 37 Advertisements Column 3
      337 37 BOUSTEAD SHIPPING AGENCIES MYANMA FIVE STAR UNE (Myumar Nttlonal Um) Loading lor Yangon (Rangoon) NPA-AN V ***** PAGAN VISON MYOMA TWA ****** AVA VII4N Sport 15/17 Fak 23/29 Fo* 3 SM» 4/ 7 Mm P.Kij Nn PGdf 2S/2 Mar THE BANK UNE IA ai Uf I a in AllOi wW
      337 words
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      408 38 Mm* Sun fliif) Co (Ptc) Itc STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO RO A HEAVY LIFTS HI BOUND VESSELS OUTBOUND VESSELS LOMHW KM WAC/TOK/SEW COSMIC PIONEER VII ETA SP lf/2 PK 18/2 LOADING FOR YOKO/NM/TOK DALIA ROJA VI ETA 8P 11/2 LOADUfi FOR SEN/NIC COSMIC TRADER V2J ETA SP
      408 words
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      Page 38 Advertisements Column 2
      81 38 PAN OCEAN \JPAN) SHIPPING V COMPANY LTD \REGULAR CONVENTIONAL SERVICES/ TO UK CONTINENT PORTS Spore P.Kelang Loading for 17/2 20/2 Rdn/Atw/UK/Nantes TO MIDDLE EAST PORTS [GLORY SKY PAN RISER S pore Loading for 15/2 Muscat/Dubai/Dammam/Kuwait 29/2 Oubai/Dammam/Ooha/Kuwait TO USA PORTS Ibetanavb Iran mariner B'Loads Indonesia S pore Loading for Los
      81 words
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      Page 38 Advertisements Column 3
      144 38 WEEKLY LCL CONSOLIDATION TTI7 Jcllv BEUING CHANGCHUN CHANGSHA CHENGDU CHONGQING FUZHOU GUILIN HARBIN KUMMING NANNING QUANZHOU SHEKOU SHENYANG SHENZHEN WUHAN XIAMENXIAN ZHENGZHOU J; OflBEBFl? /OUCK|,7UIKI gumniMp Tel: 227 I /SHENZHIN SHIPPING 4788 Fax; 227 2083 5^ EUROPE/S.E.A. BREAKBULK SERVICE 'vessel KUKIANG CAREER IMJDEX 11-14/1 MITWW 22/1 TO KMT KELANG 20/2,
      144 words
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      Page 39 Advertisements Column 1
      702 39 NEDLLOYD GIVES YOU MEDITERRANEAN EXPRESS Nedlloyd Lines TO EUROPE fNORTH CONTINENT-UK—SCANDINAVIA) WEEKLY HNEW ZEALAND/FIJI VESSEL N Rotterdam/2103S N Rouen/*****» N Rochester/*****# N Rosano/2106S (1) Piraeus. Salomca. Izmir, Istanbul. Latakia, Limassol, Beirut TO WEST MEDITERRANEAN PEN OCEAN VESSEL 13/2 CGM Pasteur/4022 20/2 ortefajs/4032 27/2 B. Permai/4042 3/3 N. Houtman/4052 10/3 N.
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      Page 40 Advertisements Column 1
      520 40 TO AUSTRALIA/NEW ZEALAND TO USA/CANADA cargo totUSA Houston, Savannah, Norfofc, BaMmara, Now Tort CANADA Montreal. Toronto FROM USA/CANADA/EUROPE/MEIMTERRANEAN I\l KM \(»I \li i; no BELSIN SHIPPING AGENCIES PTE LTD >i r, MACOLINE SEMI-CONTAINER FEEDER SERVICE Accepting LCL To: BUSAN 17/2 PORT KELANQ/PCNANQ 14/2 MELBOURNE 20/2 BARCELONA 24/2 CONVENTIONAL SERVICE ITA
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      Page 40 Advertisements Column 2
      562 40 LJNt +> T.S.K. LINE (TOKYO SFNPAKIJ KAISHA, I.TD) S VOKE AGENT TSKI ISt \(,l S( lIS (Si I'll I II) 70 SHENTOS \VA> #0401 MARINA HOI sf si'OKI o.'(i7 TEL: 2J(, FAX: JJ(>l<)72/1 TLX: JiJ J (I ISKSIN EXPORTS TO HONGKONG, TAINAN, MANIA ft JAPAN "TIME NEWT' MALACCA STRAITS SERVICE
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      Page 40 Advertisements Column 3
      659 40 t SI i« if ig 3j CHINA OCEAN SHIPPING COMPANY tMumt Mom: CHUNG CWAO SHPPMG SON BHD KL-lfL: *****91/07 FAX: 4425M2. J0770 P. RUM 18. 3WSIM/I TU MA 39MJ pomc -ie ami tul in mim GUAM GUAM SHffVIG SON BHD P JUNG TEL MMV 7. X7ZKS Ftt 03-X***** TU IM
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      Page 41 Advertisements Column 1
      330 41 /g FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES PORT KLANG PH: 03/*****66 (12 LINES) II PENANG: 04/*****7 (10 UNES) PJE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES FAR EAST BAN6KOK 12/2 «/2 HONGKONG wz*wz KEELUN6 ii/2*i«/2 EUROPE/UK FEUXSTOWE
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      Page 41 Advertisements Column 2
      878 41 EES BANGKOK JAKARTA 1 igg--i 17/12 14/02 1305 15 02 11/02 In n l>/>2 1 0/02 Kill 215 U/02 22/02 HANI* 77H am 17/02 493N 131S 22/02 25/02 22/02 10/02 MMM BHUM# 22% 24/02 21/02 16* 1325 20/02 23/02 NAMTA MUM SURABAYA mm. p 27/02 24/02 4MM 20/02 Sat 20/02
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      Page 41 Advertisements Column 3
      257 41 TMBHJHE VSL. VOY SMOAPORC MADRAS VESSEL TWER SHARK TWER MIME TWER SREEO 191N 192 M Std 17-18/02 24-25/02 20-21/02 27-20/02 23-29/02 02-03/09 01-03/03 00-10/03 VOL VOY VESSEL VOY SM CM. SM EAGLE BREEZE 007 M 10-23/02 20-01/03 LMOTSE 417 20-21/02 20-20/02 07-00/03 TWER RIVER 149CN8 20-27/02 03-07/03 13-14/03 VSL VOY
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      Page 42 Advertisements Column 1
      823 42 AUSTASIA LINE A NO MERLION SHIPPING AGENCY BLUE STAR LIME "SINGAPORE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS MAHSURI 0514 l»/2 PROSPECT I7S 4/3 •SIC 15/3 NPI ML ITT 2/3 VM NPI 4/3 lf/3 VM in 11/3 Z7/3 VU NPI 29/3 21/3 4/4
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      Page 42 Advertisements Column 2
      569 42 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #10-00 SIA BUILDING SINGAPORE 0100 TEL: *****08 FAX NO: *****11. *****22 TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL VOY PUS HKQ SIN JKT POM HON RAB EQUATOR CRYSTAL 1/92S 01/02
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      Page 43 Advertisements Column 1
      644 43 Everett Lines Wa. COMPANIA PERU AN DE VAPOREB "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARAM, HO* ft OTHER PERUVIAN PORTS* WITH T/S AT KO6E ON CPV THROUGH BH.L Of LADING. "EVERETT ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTING BREAKBULK/SOC CARGOES TO/FROM KO6E, YOKOHAMA, NAGOYA. MOM. TOKYO*, MANILA*. DAVAO*.
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      Page 43 Advertisements Column 2
      257 43 I M E53 N.AMERICA/CARRIBEAN SERVICES •ccaplng c«r|« te: Mm* I C*—III. Pern. CMa. Mm Kcaptaif 40 If It -<onftont Ta»n. mi l«n AUSTRALIA SERVICE Dnttutm. Carrotw. CantrM lawk* mi Eaet Cm4a ISRAEL/ADRIATIC SERVICES hop W TOKYO M HAf* 2M NIMMDtt 1/3 19/3 5/4 W/3 a/i u/« 71/3 31/3 17/4 Accaplai|
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      Page 43 Advertisements Column 3
      324 43 MULTI-MODE SHIPPIM PTE LTD WEEKLY CONSOL SERVICE MIDDLE-EAST/PERSIAN GULF ACCIPTINO FCLVLCL DUBAI OAMMAN, SHARJAH DOHA MUSCAT. BAHRAIN ABU DHABI BANDAR ABBAS )EOOAH FAR EAST ACCEPTING FCL/LCL PENANG P/KELANG. JAKARTA. BANGKOK HONG KONG. TAIWAN JAPAN. MANILA. KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE. LEEDS. TILBURY, ABERDEEN. LE HARVE HAMBURG ROTTERDAM. ANTWEP GOTHENBURG
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      Page 43 Advertisements Column 4
      469 43 m LUCKY SEAWAY SERVICES PTE LTD TLX ***** FAX *****77 SINQAPOREANADRASftINQAPORE FCU-CL SERVICES wm mw tw —mi it; EAST PORTOMEDITBWANeAIftUROPEAN PORT! SGP 15/02 29/02 SYD 27/02 12/03 MEL 20/02 15/03 03/03 10/03 EAST AFRICA/RED SEA/MEDITERRANEAN KTN SGP N PK KTN FOR T. MEN 10/02 ALE XAMIRIA/ADEN/GENOA/ MARSEILLES 0 XM6 24/02
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      Page 43 Advertisements Column 5
      396 43 PTC CONTAINER LINES FCI t C I SFK' VICf~ SIN FM EAST 16/2 KEELUNG/KAOHSIUNG 16/2 BANGKOK 17/2 MANILA/CEBU 17/2 JAKARTA/BELAWAN/SURABAYA 16/2 PORT KELANG/PENANG/E. Malaysia 17/2 BUSAN 17/2 TOKYO/YOKO/KOBE/NGO/OSA 17/2 HONG KONG Si CHJ]W 17/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo $i EUIOPE/UK 17/2 LDN/FLX/LVP/SOU 17/2 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also
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      Page 44 Advertisements Column 1
      442 44 E/L FIL CONTAINER SERVICES PTE LTD MADRAS CALCUTTA DUBAI HONGKONG VSL SIN/DUBAI SN DUB NEXT AVIULMLE 12/02 29/02 M/ 02 02/03 21/02 00/03 SCAMMtAWA. BELGIUM, SPAIN, EUROPE, ML AND PORTS, TAIWAN, CHMA, JAPAN, KARACHI. BOMBAY. MOLE EAST, AFRICA, USA, MEXICO, CANADA AND VARIOUS OTHERS. NON-CONF. AND CONF RATES AVA&ABLE AND
      442 words
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      Page 44 Advertisements Column 2
      357 44 Msonterm! CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— 0235 0633 (KATHLEEN/ NICHOLAS/ MARILYN) P.Kelang: 03-*****32 Penang: 04-*****7/*****4 Mpgsl -worldwide PAMAMA -GLOBE STEJUKIS LIMES REGULAR FCL SERVICE TO THE FOLLOWING PORTB LCL- Buenos Aires Santos Sun Lung Line WEEKLY SAILING TO HUANG PU ft BHANTOU Connecting
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      Page 44 Advertisements Column 3
      778 44 Next Week's Sailings Singapore Tel: 778 6522 Fax: 779 2738 Esther Yap Johore Tel: 07-*****8 Fax: 07-*****3 Alfred Ng INCHCAPE SHIPPING SERVICES (S) PTE LTD Tel: *****11 Fax: *****5S CI: *****3(0000C JHE NATIONAL SHIPPING COMPANY OF SAUDI ARABIA COHTHma/KOJO/atCAKBUIK SCTWCfS VESSEL SAUDI MAKKAH VOV FEA 046 14/02 JED DUB KWT
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      Page 45 Advertisements Column 1
      321 45 vQc vQc vQc vO c vQc u 5 0: 2 5 VAN OMMEREN CETECO GROUP TRANSPORT DIVISION VOTAINER CONSOLIDATION SERVICES: THE ONLY CONSQUDftIOft WIIH WORLOWIOE NETWORK Wldfly FCIACL Swvtces To/Fnm USA Baßlmora: VoMner Consolldallon Sentas U; Boston: Boston Consoildalon Services. Chicago VoMner Consolidation Services. Oil*: VoMner ConoNdaßon Services. DeWt VoMner
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      Page 45 Advertisements Column 2
      9 45 B*3 r« i i l l r 1 1
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      Page 45 Advertisements Column 3
      202 45 STAGER FREIGHT SERVICES PTE LTD TEL 273-3838 FAX* 274-1100 PK: 03-*****80 PBt 04-*****2 JKT: 21-*****1 88Y: 31-*****0 SIN 16/2 23/2 LH/PAR 5/3 13/3 FFURT/MANNHEIM STUTTGART 9/3 17/3 RUN/MADWO VALENCIA 9/3 17/3 PORTO 10/3 18/3 ATHENS/PIR THEBBALOMKI 11/3 19/3 SIN 19/2 26/2 VCR 15/3 21/3 MTL/TOR 21/3 28/3 SIN 15/2 23/2
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      333 45 TIDES AND WEATHER TODAY'S HOES (height in metres) HOW 0000 0100 8200 0300 0400 0500 0600 0700 0000 ***************013M**********00 **********00 *****100 2210 2310 JR 14 1.5 1.7 1.9 12 2.4 2.6 16 2.5 2.2 1.8 1.5 1.2 1.0 0.9 09 1.0 1.2 1.4 1.6 18 1.8 1.8 1.7 PP 14
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      Page 46 Advertisements Column 1
      417 46 CHARTPOINT Every Saturday in Business Times Zk HYUNDAI MERCHANT MARINE CO. LIP. FULLY CONTAINERISED INTRA-ASIA SERVICE FIXED DAY DEDICATED STRAITS FEEDER SERVICE CONVENTIONAL SERVICES SWGAPORE KUALA LUMPUR PORT KLANG PtNANG TEL: 02 *****66 03-*****00 03-*****01 04-*****2 FAX 02-*****71 03-*****52 03-*****28 04-*****7 TLX RS ***** MA ***** MA ***** MA *****
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      Page 46 Advertisements Column 2
      569 46 CHARTPOINT Every Saturday in Business Times r WEEKLY SAILING MEDITERRANEAN GENOA BARCELONA MARSEILLE SM FREIGHT MANAGEMENT GROUP tei fax SIN JKT PKL PEN BKK MNL JOH BSB *****11 *****66 *****96 *****8 *****29 *****76 *****1 *****3 *****50 *****14 *****88 *****8 *****17 *****79 *****5 *****5 Mr IF Mftsui O.S.K. Lines. .Ltd FULL
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