The Business Times, 19 February 1992

Total Pages: 50
1 50 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Wednesday, February 19, 1992 75'
    16 words
  • NEWS SUMMARY
    • 67 1 BANGKOK Laotian Prime Minister Khamtay Siphandon arrived in Bangkok yesterday in a visit that will wind up with a signing of a treaty of amity between the former belligerent countries. "It is a historical milestone in the two brother nations 1 recent history
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    • 37 1 BONN Germany's trade surplus last year plunged by 80.7 per cent from 107.4 billion marks (S$ 108.7 billion) in 1990 to 20.8 billion marks in 1991, the Federal Statistics Office announced yesterday.
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  • MARKETS SUMMARY
    • 26 1 PRICES on Wall Street were nearly unchanged yesterday from Friday's close, edging up 0.23 points to 3,246.20 in the first five minutes of trading.
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    • 28 1 LONDON share prices were higher at midday yesterday. At about 1200 GMT, the FTSE 100-Share Index was up 11.9 points, or 0.4 per cent, at 2552.9.
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    • Article, Illustration
      28 1 Taesfey Chai*e BT-MGA 721.57 +3.65 Kuala Lumpur ....607.67 +9.89 Tokyo 20,872.03 -452.95 Hongkong 4,747.10 +27.91 Sydney 1,626.7 +12.5 Maafay Change New York Ooscd London .1,970.6 +19.7
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    • 21 1 USS SS 1.6350 100 Yen S$ 1.2859 MS SS 0.6307 NMmy market rates Overnight 3 unch 3-monln 3 1/4% +1/16
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    • 35 1 London Gold AM fix US$353.50 -US$0.70 S'pore Mar 128.75'/kg unch M'sia Mar.... 208.50«/kg -1.50 KL Tin Turnover 72 tonnes -15 Spot M$14.35/kg -0.01 Crado pahn ol Turnover 948 lots -59 Mar M$894 /tonne -1
      35 words
  • 615 1  -  Private developers feel rules may be too restrictive By Lilian Ang SINGAPORE After a five-year gestation period, the Urban Redevelopment Authority (URA) has finally released its guidelines for the development of business parks. But private sector developers yesterday responded coolly to the news,
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  • 279 1 SINGAPORE Malaysian stocks rallied strongly yesterday on the back of falling interest rates. The KLSE Composite Index surged 9.89 points to end at 607.67, as turnover rose to 65.1 million shares against 41.5 million shares on Monday. Malaysian brokers are generally bullish
    SOURCE: PONT DATA  -  279 words
  • 372 1  -  Banking Act unveils sanctions against financial wrongdoing Fran Maggie Ford in JAKARTA INDONESIA'S new Banking Act, passed by Parliament on Monday, sets the scene for privatisation in the state banking sector and establishes criminal sanctions for financial wrongdoing. The Act, which
    372 words
  • 555 1  -  Domestic help, construction, marine sectors affected By Anna Teo SINGAPORE Foreign worker levy and quota changes are underway to contain a surging demand for domestic maids and labour in the construction and marine sectors. The changes, announced yesterday by Labour Minister Lee Boon Yang,
    555 words
  • 160 1 NYT TOKYO Chinese officials "guaranteed" in a document presented to Japanese officials partial deregulation of its labour system and said foreign companies advancing into China will be able to hire employees from other companies or other districts, it was announced on Monday. The
    NYT  -  160 words
  • Page 1 Advertisements
    • 407 1 Psp' > lANIIX*) MAJUU /ICNAt Mauritius team here A FIVE-MEMBER team from Mauritius, led by Minister of Industry and Industrial Technology Cassam Uteem, is in Singapore to woo investors Page 3 Bank official suspended A SENIOR EMPLOYEE at Christiania Bank, Singapore, has been suspended by the head office in Norway
      407 words
    • 114 1 CPL write-off? THE $325 million bond-cum-warrant issue proposed by Centrepoint Properties Ltd (CPL) could lead to write-offs of $14 million to $16 million a year for the company in the coming five years Page 4 LKH well received LOW KENG HUAT (Singapore) Ltd was 40.5 times subscribed when its public
      114 words
    • 8 1 Bank Negara propping up falling rates, Back Page
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    • 57 1 Mixed reception from shipyards and construction companies, Pg 2 They can set their sights Now businessmen on our Penthouse Floors, mmino tn Whereevery room is re UJ furbished with well Singapore have appointed luxuries for fl business traveller. 0 house lounge to hold TuSlwii NEW I\rkHottel I rnfllE i\ 181
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    • 8 1 IcflK© A jkMomjkbricsjtvm Mtiy MM* m laacftng Mm
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  • PAGE 2 NEWS
    • 489 2  -  Fifth Asean Ministerial Meeting on the Environment By Nirmal Ghosh SINGAPORE The Singapore Resolution on Environment and Development was adopted yesterday by the fifth Asean Ministerial Meeting on .the Environment (Amme). The meeting was attended by ministers responsible for the environment from all six
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    • 266 2 SINGAPORE Asean environment ministers yesterday assured the shipping community that the Straits of Malacca would remain free and open to international vessels. But they said steps would have to be taken to ensure the environmental upkeep and safety of the strategic waterway. Speaking at a
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    • 210 2 Agencies KUALA LUMPUR Malaysia's Primary Industries Minister, Lim Keng Yaik, is to visit Vietnam and Laos next month to look for investment opportunities in rubber, oil palm and mining. Mr Lim said yesterday that the two-week trade and investment mission, starting on March 11,
      Agencies  -  210 words
    • 538 2 Changes to foreign worker levy and quota SINGAPORE Construction companies and shipyards gaved a mixed reception yesterday to the changes to the foreign worker levy and quota. Shipyards, in particular, were less than enthusiastic about the new dependency limit for their sector. Most
      538 words
    • 508 2  -  Globalisation through Twinning conference FroM Genevieve Cua IN LONDON GIVEN Singapore's scarce resources, there is a great need for its business executives overseas to group together to share expertise, contacts and information for mutual benefit. This, said Senior Minister of State (Trade and Industry)
      508 words
    • 528 2 LONDON British firms must build a presence in the Pacific Rim for their own survival, or they risk not being able to compete at all, not even in Europe, says Sir Michael Pike, former UK High Commissioner to Singapore. His
      528 words
    • 442 2 LONDON Opportunities are opening up in Asia as merer before but ironically British interest is waning, says Koh Boon Hwee, chairman of Singapore Telecom and the Wot he lam group. Delivering the keynote address at a Sin-gapore-UK conference on "Globalisation through Twinning" on
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  • Page 2 Advertisements
    • 73 2 ALEXANDRA POINT Ideal location near port, financial district and hi-tech industrial park Easy access to major expressways Raised floors for easy wiring B J# Hi-tech conference/seminar rooms AX- k Ample parking lots Air-conditioned food court Incorporating latest building technology Expected completion date in mid 1992 ■Sfl^piSilMlllßA project developed by Hio(rVlli>VU
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  • SINGAPORE NEWS
    • 358 3  -  By Ang Wan May A FIVE-MEMBER team from Mauritius, led by Minister of Industry and Industrial Technology Cassam Uteem, is in Singapore to woo investors for its industries. Mauritius, which focused on labour-intensive industries in the past two decades, wanted to develop capitalintensive industries, said Mr
      358 words
    • 282 3  -  By Dawn Tan A SENIOR EMPLOYEE at Christiania Bank, Singapore, has been suspended by the head office in Norway over allegedly illegal currency transactions. The move was revealed in the Norwegian media by Kjell Ho, the head of information at Christiania Bank
      282 words
    • 403 3 NUS Econometrics Studies Unit workshop THE continued economic slowdown in the OECD economies will cast a shadow over Singapore, according to two professors from the National University of Singapore. Dr Tan Khee Giap and Dr Chen Kang, of the Econometrics Studies Unit (ESU),
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    • NEWS ROUNDUP
      • 56 3 THE Singapore Tourist Promotion Board and Singapore Airlines will work jointly to promote and enhance Singapore's profile as a convention and incentive destination in Japan. About 150 travel wholesalers and agents who specialise in convention and incentive travel are expected to attend
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      • 54 3 SINGAPORE Telecom has extended its international tollfree telephone service and call-home service to Luxembourg and the United Arab Emirates. The service, an effective business tool, allows customers and potential clients in the two countries to call businesses in Singapore by telephone or facsimile direct, without paying
        54 words
      • 36 3 THE Singapore MRT Ltd has apologised to passengers for inconvenience caused by the disruption in its service between Tiong Bahru and Clementi yesterday morning. The disruption was caused by a defective train.
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      • 50 3 FROM July, the Singapore Polytechnic will introduce a three-year full-time diploma course in materials technology for 'O' level school leavers. The course will be offered by the Department of Mechanical and Manufacturing Engineering in conjunction with the Departments of Chemical Process Technology and Electrical Engineering.
        50 words
      • 39 3 FREE blood glucose and cholesterol tests will be offered by Balestier Medical Centre from Feb 26 to Feb 28 at its premises. The activity is co-organised by Merck Sharp and Dohme/Summit Company (S) Ltd.
        39 words
    • 399 3 SINGAPORE'S system of national accounts will be revised over the next few years to reflect the changing economic structure and to allow fuller economic analysis, the Chief Statistician, Dr Paul Cheung, told a workshop yesterday. Among six major areas of changes, the new
      399 words
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 47 4 KUALA LUMPUR Lingui Developments Bhd has reported a 20 per cent increase in group pre-tax profit to M 54.06 million (552.55 million) for the half-year to Dec 31, 1991, compared with M 53.38 million in the previous corresponding period.
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      • 61 4 KUALA LUMPUR Timuran Holdings Bhd yesterday announced its proposed acquisition of a 60 per cent equity interest in Ricomac Marketing Sdn Bhd, a supplier of photocopiers, for M 5660,000 (*****,800). The acquisition comprises 60,000 shares of Msl each, representing 60 per cent of the issued and
        61 words
      • 63 4 KUALA LUMPUR Selangor Dredging Bhd has proposed a special issue of 73.3 million new ordinary shares of 50 sen each at 70 sen a share to bumiputra investors. Permata Merchant Bank Bhd said the proceeds of the special issue, amounting to about Mssl million (5532.13 million),
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      • 30 4 SINGAPORE Singapore Computer Systems Ltd, a member of the Singapore Technologies group, said foreign ownership of its shares stood at 23.62 per cent on Feb 14.
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      • 59 4 KUALA LUMPUR Sales of Proton Saga, Malaysia's national car, in the UK are expected to double to 25,000 units a year by 1995, its distributor said yesterday. Proton Cars (UK) chairman David Alan Brown said the company had sold more than 35,000 units since
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      • 34 4 SINGAPORE Sanryo Company Ltd has sold another 10 million shares of 10 HK cents par value each in the capital of Citic Pacific Ltd on the open market.
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    • 125 4 SINGAPORE Singapore Airlines yesterday announced several senior-level appointments which took effect on Jan 1. Sim Kay Wee, 43, became general manager and chief executive of Singapore Airport Terminal Services (Sats). He is also the chairman of SIA Services Quality Centre Pte Ltd and director of Singapore
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    • 532 4  -  By Lee Han Shih SINGAPORE A $325 million bond-cum-warrant issue proposed by Centrepoint Properties Ltd (CPL) could lead to annual write-offs of $14 million to $16 million for the company in the next five years. A CPL prospectus issued yesterday suggested that
      532 words
    • 397 4 Bernama KUALA LUMPUR Pengkalen Holdings Bhd, in a bid to widen its earnings base since 1988, is embarking on tourism and hotel-related projects in addition to its present ventures, including stockbroking, manufacturing, trading, investment and reinsurance, vice-chairman Jaya J B Tan said yesterday. He
      Bernama  -  397 words
    • 326 4  -  By Sylvia Wong SINGAPORE Low Keng Huat (Singapore) Ltd (LKHS), the first main board offering of the year, was 40.5 times subscribed when its public ofTer closed yesterday, bringing in a total of $1.84 billion in application monies. The response surprised some analysts
      326 words
    • 313 4 Bernama KUALA LUMPUR Posim Bhd, which is seeking a listing on the second board of the Kuala Lumpur Stock Exchange, has forecast a group "pre-rax profit of M 56.292 million (553.97 million) for the year ending March 31, 1992, and MsB.36t million
      Bernama  -  313 words
    • 501 4 MARKET TALK Maker of air-con systems looks to Chinese and S American markets Bernama KUALA LUMPUR UCM Industrial Corporation Bhd, a leading manufacturer of car air-conditioning systems which is seeking a listing on the second board of the Kuala Lumpur Stock Exchange, expects to increase its
      Bernama  -  501 words
    • COMPANY BRIEFS
      • 81 6 SEOUL South Korea's Securities Supervisory Board (SSB) is investigating possible insider trading by the chairman of Samyang Optical Ind Co Ltd and has ordered the suspension of trading of the company's shares. An SSB official said yesterday that Hong Jun Yung, Samyang's major
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      • 64 6 PARIS The French mineral water company Perrier, which is at the centre of a complex takeover battle, increased sales in 1991 by 3.5 per cent to 13.55 billion French francs, from 13.09 billion francs (553.92 billion) in 1990, the company said on Monday. The sale of
        64 words
      • 74 6 TOKYO Major Japanese contractor Obayashi Corp said on Monday it had won a nearly US$lB million (5529.16 million) contract to build a tunnel in the US Superconducting Super Collider (SSC) project. Obayashi will form a joint venture with the US tunnel engineering firm Dillingham to build
        74 words
      • 74 6 TOKYO Kirin Brewery Co Ltd has forecast parent current profit of 87 billion yen (S$ 10.44 billion) in calendar 1992, compared with 86.42 billion yen in 1991. The leading Japanese brewer predicted parent net profit of 37 billion yen in 1992, up from 36.72 billion a
        74 words
    • 217 6 BANGKOK CP 7-Eleven, a subsidary of the Charoean Pokphand Group, is expanding the convenience store chain outside Bangkok with a goal of setting up at least 1,000 new outlets in the provinces in the next five years, the Nation reported on
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    • 446 6  -  By Abdul Hadhi SINGAPORE Hit by a harsh economic climate, New Zealand's Fletcher Challenge Ltd (FCL) has turned in a 43 per cent drop in net earnings at half-time. Forestry-based conglomerate FCL said profit after tax and minorities for the six months ended Dec
      446 words
    • 362 6 Reuter WELLINGTON The managing director of Telecom Corporation of New Zealand announced yesterday that he was resigning, as the company acknowledged that it was beginning to feel the effects of emerging competition. Peter Troughton, a Briton who has been in charge of New Zealand's biggest
      Reuter  -  362 words
    • 364 6 Reuter SYDNEY Former Australian of the Year and millionaire businessman Alan Bond yesterday won another two weeks to fight a Asl94 million (*****.62 million) bankruptcy notice. Mr Bond, whose Aslo billion empire began crumbling under debt two years ago, is challenging the validity
      Reuter  -  364 words
    • 499 6 MARKET TALK Reuter NEW YORK The economic recovery predicted by Wall Street appears to be on track, but analysts warn that election-year politics could derail the market's rally and pull stock prices down from their current levels. Stocks have been rallying since the Federal
      Reuter  -  499 words
  • Page 4 Advertisements
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      165 words
    • 6 4 From bricks to riches, Pg 13
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  • Page 7 Advertisements
    • 249 7 and here's the plan. jl^BPbh.-v at Jurong Fast provides an exciting opportunity for forward-looking and dynamic companies. This unique concept has been designed order A j£ that technology-oriented and high value-added businesses can lease specially-prepared land sites for a 30+30 year term to <4 ofi Ui nS J build their
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 70 8 SEOUL The Export-Import Bank of Korea has obtained government permission to open an office in Vietnam and the Korea First Bank will soon ask for a permit to start a joint-venture bank with Vietnam. Financial industry sources here said yesterday that the export-import bank
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      • 60 8 HONGKONG South-eastern China's special economic zone, Xiamen, hopes to establish a stock market to help raise funds for state enterprises, it was reported yesterday. Xiamen mayor Zou Eijun, quoted by the pro-China Wen Wei Po daily, said the city had applied to the central government
        60 words
      • 70 8 JAKARTA Indonesia's Islamic bank (BMII), approved by the government in March last year, will be operating by April, press reports said yesterday. It had already raised equity capital of 68 billion rupiah (5554.4 million) and expected this to reach US$5O million (5581.5 million) next
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      • 72 8 NEW YORK Jailed junk bond king Michael Milken will pay a further US$5OO million (SSBIS million) and former colleagues at Drexel Burnham Lambert will pay US$3OO million to settle many civil lawsuits stemming from Drexel's collapse, The New York Times said yesterday. The paper reported
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      • 60 8 BANGKOK Siam City Bank subsidiary Siam City Finance Securities Co has applied to be an authorised stock on the Stock Exchange of Thailand (SET). Siam City Bank president Som Jatisipitak told the Bangkok Post on Monday that the firm will float four million shares at
        60 words
    • 306 8  -  By Kooi Cho Teng SINGAPORE Malaysia Airlines is borrowing US$lOO million (S$ 163.5 million) from the offshore capital markets for general funding purposes. Part of the money will go towards payments for new aircraft. MAS recently announced plans to buy Ms 6 billion (553.78
      306 words
    • 357 8 Reuter TOKYO Bad loans at home and abroad will hurt the profits of major Japanese banks, resulting in flat earnings for the next three years, economists said. Bank profits are going up because of lower interest rates, which have cut the cost of funds
      Reuter  -  357 words
    • 727 8 Good returns stimulating interest MARKET AP NEW YORK They started springing up like mushrooms on American stock exchanges in the *****: Argentina Fund, Brazil Fund, Chile Fund, First Philippine Fund, India Growth Fund, Irish Investment Fund, Taiwan Fund, Turkish Investment Fund, and many
      AP  -  727 words
    • 235 8 Reuter SYDNEY Australian banks should have no obligations to support their fund management operations, the Reserve Bank of Australia (RBA) said. The RBA said it had issued guidelines to ensure banks were kept separate from their managed funds so that they were not affected
      Reuter  -  235 words
    • 662 8 New approach by federal regulators NYT WASHINGTON US federal regulators are preparing a new strategy of investing in some failing banks and savings and loans rather than taking them over and closing or selling them. The regulators, whose goal is to find a
      NYT  -  662 words
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  • THE REGION
    • 401 9 Bernama KUALA LUMPUR Malaysia's Ministry of International Trade and Industry is introducing a programme linking manufacturers and supporting industries, modelled after the successful national car project. The International Trade and Industry Minister, Datuk Seri Rafidah Aziz, said on Monday that her
      Bernama  -  401 words
    • 193 9 BANGKOK Thailand and Iran have agreed to cooperate in several areas, including investment in Iran's fisheries industry, exchange aquaculture information and develop mutually beneficial training programmes, The Nation reported on Monday. Quoting Deputy Agriculture Minister Ajva Taulananda, the paper said the agreement came during
      193 words
    • 271 9 Reuter BEIJING China wants foreign loans, cooperation and equipment for the multi-billion-dollar Three Gorges dam project on the Yangtze river, the China Daily said yesterday. The multi-billion-dollar dam project, which has been planned for decades, will be taken up and almost certainly approved at
      Reuter  -  271 words
    • 449 9 IHT SINGAPORE—ASIAN nations should spend about US$4OO billion (*****.6 billion) through the 1990s to keep pace with surging energy demand, a senior official of the Asian Development Bank (ADB) said on Monday. But low oil prices and increasing competition for capital will make
      IHT  -  449 words
    • 560 9 Reuter HONGKONG Four women bend over sewing machines while three others attach labels to jackets and blouses and pack them in plastic in a one-room clothing factory in Hongkong. Ho Chuen is proud of his operation in the warehouse district of Kwun Tung.
      Reuter  -  560 words
    • NOTE BOOK
      • 96 9 BEIJING China's legions of unemployed farmers will surge to 300 million by century's end, forcing the communist government to boost rural industry even at the expense of ailing state industries, an official newspaper said on Monday. "Some experts believe township industries are China's
        96 words
      • 71 9 SEOUL South Korean Prime Minister Chung Won Shik arrived in the North Korean capital, Pyongyang, yesterday and told his hosts they must keep their promise to allow inspection of their controversial nuclear facilities. A South Korean spokesman said Mr Chung and his 89-member entourage arrived
        71 words
      • 74 9 SEOUL Labour shortages in South Korea's manufacturing industry, especially small and medium-scale factories, are worsening and about 250,000 jobs were available, the Trade and Industry Ministry reported on Monday. The ministry said the labour shortage rates in factories such as optical instruments, knitwear, textile, leather, luggage,
        74 words
      • 79 9 CANBERRA An Australia-Vietnam Business Council is to be set up to help in the restructuring of Vietnam's economy, the Confederation of Australian Industry (CAI) announced on Monday. CAl's international director general, Malcolm Overland, said about 30 Australian companies had indicated support for the council,
        79 words
      • 79 9 BANGKOK Trade between Thailand and Austria is growing steadily, with the volume reaching about 6.5 billion baht (SS4I6 million) last year, says a report in the Bangkok Post. Thailand's exports to Austria increased 16.8 per cent to 2.7 million baht in the first 11 months of last
        79 words
      • 71 9 BANGKOK The state-run Petroleum Authority of Thailand is concerned that several multi-billion-baht joint-venture projects with the private sector will be disrupted following the passage of a Bill requiring prior feasibility studies of major projects, said an informed source. The source said the National Legislative Assembly
        71 words
      • 78 9 DHAKA Myanmar Muslim refugees are pouring into south-eastern Bangladesh at a faster rate this week as reports here said Rangoon has deployed fresh troops in the border province. "The Burmese military junta moved another 10,000 troops" raising its military strength to 85,000 in western Arakan province
        78 words
      • 76 9 BEIJING Chinese Communist Party leader Jiang Zemin is expected to pay an official visit to Japan around the first week of April, a Japanese diplomat here said yesterday. The final dates for the four to five-day trip were being set through diplomatic channels, he
        76 words
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  • THE WORLD
    • 503 10 Capital flight due to instability and discouraging economic policies AFP ABU DHABI Arab investors, despite losing around US$lOO billion (SS 163.3 billion) overseas in the past 10 years, still steer clear of the Middle East where they fear political instability, Gulf
      AFP  -  503 words
    • 329 10  -  From John Helmer in MOSCOW SENIOR Kuwaiti government leaders on a tour of the former Soviet states have denied reports that they have discussed giving Boris Yeltsin's Russian government US$5OO million (SSBI6.S million) of credit. The Kuwaitis, led by Finance Minister Nasser
      329 words
    • 371 10 Agencies LONDON Sales by British retailers in January rose much higher than had been expected, a survey by the Confederation of British Industry (CBI) said on Monday. Sales figures rose on a year-on-year basis for the sixth month in a row,
      Agencies  -  371 words
    • 407 10 Reuter TOKYO Japan's chronic labour shortage is a dou-ble-edged sword for the economy, spurring capital investment and personal spending, but pushing up wages and preventing firms from cutting excess staff, economists said. Japan has the lowest unemployment rate among the world's major economies,
      Reuter  -  407 words
    • 430 10 Reuter MOSCOW Ukraine's decision to stay out of a joint Commonwealth conventional armed force signals the end of a once-mighty military machine and threatens the shaky grouping which replaced the Soviet Union. Analysts and diplomats said on Monday that last week's Commonwealth summit in the Belarussian
      Reuter  -  430 words
  • Page 10 Advertisements
    • 1153 10 Is NTREPOINT OPERTIES LTD M m «w %>y»[ <* Sngwort) IRDINARY GENERAL MEETING y General Meeting of the shareholders ot the Company will be I March 1992 at 11 00 a m for the purpose of considering and, if s, Resolution 1 which will be proposed as a Special Resolution
      1,153 words

  • Page 11 Advertisements
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  • 500 12 EDITORIAL CRUDE oil prices have started sliding on world markets after oil ministers of the Organisation of Petroleum Exporting Countries (Opec) failed to reach a convincing agreement last week on production cuts. After four days of hard bargaining, Opec members finally agreed to cut crude
    500 words
  • WHAT THE OTHERS SAY
    • 266 12 SINGAPOREANS are generally caring about those less fortunate than themselves, and this is most evident every festive season when the aged poor and those otherwise disadvantaged are remembered lavishly. Yet this tradition of seasonal rememberance leads often to feast-and-famine situations. Therefore the National Trade Union Congress'
      266 words
    • 87 12 MENDAKI and the People's Association have taken the right step in introducing Mathematics classes for primary six students. The joint tuition scheme is also a commendable attempt to get Malays to participate in the activities of community centres. Thus far, many Malay youths participate mainly in the usual
      87 words
    • 125 12 THE resurgence of Muslim influence all over the world, especially that of extreme fundamentalism, has inevitably caused the West some apprehension. If Shi'ite Muslim fundamentalists in Iran dominate the Central Asian republics of the former Soviet Union, not only will the US and other Western countries be alarmed,
      125 words
  • REGIONAL VIEWPOINTS
    • 213 12 MINISTER of Finance J B Sumarlin last week reemphasised anti-inflation efforts as a vital strategic component in the second phase of Indonesia's long-term development plan (1994-2019). He stressed, at a meeting of Golkar, the crucial importance of low inflation to stimulate the people's propensity to save which, according
      213 words
    • 143 12 THAI leaders often feel they are far superior to the people they rule, both in intellect and boun-vassana (merit from the previous life). Many feel no qualms about making unjust laws and breaking promises given to the people about such issues as tackling corruption and promoting
      143 words
    • 138 12 A CHILD'S private parts were burnt, another had a fractured skull, yet another child will grow up without an ear lobe, bitten off by her natural mother, and a toddler's body is covered with cuts and burns the gruesome list grows as more discoveries are made of
      138 words
  • 1075 12  -  A study by two American academics is challenging the theory that volatile stocks are the best performers. Eric N Berg reports Eric N Berg NYT ONE of the most enduring ideas of modern finance is facing its most serious challenge: Two scholars of finance say
    NYT  -  1,075 words
  • Page 12 Advertisements
    • 695 12 University of California, Berkeley mu Conferences Exhibitions HHIBhHHI P^^^HlHl^^H p The Global Executive Program ment skills are critical leader in today s volatile and execullve educhoo. p* t.r»v turbulent business le hM for lIC Bertelev Wharton environment. Today, and other in international strategic executives must be madmen. busine« stfategv able
      695 words
  • Page 12 Miscellaneous
    • 68 12 POONESBURY BY GARRY TRUDEAU 1 f rM\XmN6FCKMCHMAN.r\ I 1 IWW J)SB*>BUSHA¥tBSA6t< Me&A&TO NLLCLMJN! I TOK&F&, BUI VP UKBTO I TOQRf, THGUKEIXOUTCOME I P£CICAW IT TO TSGNGAS J IS SH&GUDEP tN AWSTERY J M VOTING FOR BUSH. I IMS&JPH6A MBS- I V-t*" MANY, HCHJEVBR, HA/B Jj J IMANTTD &NPCON- I JDTOM
      68 words

  • ANALYSIS
    • 814 13  -  As Russia embraces democracy, it needs to learn from those countries where democratic institutions and the social market economy evolved, writes Vladimir Lomeiko Vladimir Lomeiko The writer is Russia ambassador to Unesco IHT CHANGES under way in Russia are so deep and far-reaching that they
      IHT  -  814 words
    • 1347 13  -  He is 58 and very wealthy. Yet Low Keng Huat has no plans of taking it easy. Lilian Ang speaks to the indefatigable chairman of the construction group of the same name Lilian Ang IT READS like a novel. The story of a man who, as
      1,347 words
    • 885 13  -  Japan isn't the only one who has tradeproblems with the US; so does Canada. Clyde H Farnsworth examines the strained relationship Clyde H Farnsworth NYT DESPITE a three-year-old free-trade agreement, the United States and Canada are headed into a new phase of confrontation, accusing each
      NYT  -  885 words
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  • Page 14 Advertisements
    • 32 14 for fleet owners 13 i gm 1 it l «sSEwy*'. J» \*~y 5& "?-V>;v '■*> -a ISr gr r n Jp'—jT' _t- KrOttt^ygTi.. rgt I OTHER JIT FUEL u M V"* i »^js
      32 words

  • THE LAW PAGE
    • 744 15  -  David Gabriel looks into the dispute which arose over a 1988 car leasing agreement David Gabriel IN A court case that will be keenly followed by those in the leasing industry, Sintat Rent-A-Car Pte Ltd is suing Wayfoong Mortgage and Finance (Singapore),
      744 words
    • 463 15 THE WRIT for breach of contract issued by Sintat Rent-a-Car against Wayfoong Mortgage and Finance (Singapore) is not the first to fly between the two companies. Over the past three years, they have faced each other in oourt several times. Wayfoong sued
      463 words
    • 829 15  -  Selva Kumar reports on the British colony's latest moves to enhance its position as a leading regional centre for finance and legal advice Selva Kumar NEW laws soon to be passed in Hongkong will give foreign law firms and foreign
      829 words
  • Page 15 Advertisements
    • 330 15 HI fr. TUa Chnll Porrl enjoy complete peace of mind. I I ire vlicil VOIU THE SHELL CARD. Ask for details DOW. L AMf "A |Yllf/V€» If All tjifQl For instance, the fuel pump will stop dispensing I fuel when a card limit is reached at the Outdoor i control
      330 words

  • SPORTS
    • SIDE LINES
      • 91 16 LES SAISIES, France Sweden, the biggest winner in men's cross-country skiing during the 1980s, is the biggest loser in the Albertville Winter Olympics. Christer Majback won the only medal so far for the Swedes in Nordic skiing, a bronze in the 10-km classic-style
        91 words
      • 56 16 STUTTGART Richard Krajicek of the Netherlands defeated Jordi Arrese of Spain on Monday to move into the second round of the US$l.O4 million Eurocard Classics tennis tournament. Krajicek, 20, who eliminated Wimbledon champion Michael Stich in the quarter-finals of the Australian Open last month, overpowered Arrese to
        56 words
      • 85 16 PRALOGNAN, France Norway's men and women curling teams made a strong showing in the opening round of the demonstration sport curling on Monday by each beating Great Britain. The Norwegian men won 6-1 and the women triumphed 5-4. A curling match is played by teams, or rinks,
        85 words
      • 85 16 LONDON Holder Sweden heads the list of eight nations which qualify automatically for the finals of the Dunhill Cup, the world team golf championships, at St Andrew's, Scotland, from Oct 15-18. The others are: Australia, England, Ireland, Japan, Scotland, Spain and the United States. But Wales, which
        85 words
      • 77 16 NAIROBI Bjorn Waldegaard, former world champion and four-time Safari Rally winner, has broken his left arm in two places and wrecked his practice car in an accident near the town of Embu on the slopes of Mount Kenya. The Swede, who had been contracted to drive for
        77 words
      • 65 16 EAST RUTHERFORD, New Jersey Reggie Johnson will fight Ireland's Steve Collins for the vacant WBA middleweight championship on April 22 in the first world title match in the Meadowlands sports arena since 1983. "We expect this matchup to be one of the best bouts of the
        65 words
      • 108 16 BERLIN Sprint star Katrin Krabbe turned in suspect drug tests even before she won two World Championships in Tokyo last year, German sports officials confirmed on Monday. But they denied covering up for one of their top athletes, although one former anti-doping official acknowledged that "mistakes were
        108 words
    • 685 16 Winter Olympics AP ALBERTVILLE, France Three Austrians and a Frenchman have failed to beat the Olympic ski jinx. Now it's a task for "the bomb". Alberto "La Bomba" Tomba was to take on the jinx, the slope known as "La Face", and a stellar
      AP  -  685 words
    • 183 16 AP COURCHEVEL, France Japan's Nordic combined team is poised to win the nation's first Olympic gold medal since the 1972 Sapporo Games. After dominating the ski jumping, the Japanese team went into the deciding 30-ki-lometre cross-country race yesterday with a huge 2 minute 27.5-second margin
      AP  -  183 words
    • 342 16 AP SAN DIEGO Italy's America's Cup entry, II Moro di Venezia, staged an 11-sec-ond comeback victory on Monday over France's Ville de Paris on the second race day of Round 2 of the challenger trials. In the defender series, Dennis Conner's Stars and Stripes
      AP  -  342 words
    • 306 16 AP PORTLAND, Oregon Indians have disappeared from the sports pages of Oregon's largest newspaper, along with Braves, Redmen and Redskins. The Oregonian has declared the nicknames of those sports teams offensive and will not print them. "We do not expect the rest of the journalistic
      AP  -  306 words
  • Page 16 Advertisements
    • 266 16 Now a new airline takes to our sky Vietnani Airlines A Flies non-stop to v j Ho Chi Minh City f Every Tuesday, Thursday, Friday and Saturday Appointed Jalea Afttit ftO? j Cawkty Aviation Pte Ltd 122 Middle Road. *0643. Mkflink Plaza Singapore 0718 SINGAPORE B luugfey \7\s >800 VN742
      266 words
    • 136 16 M« GILL' ESMJI 8888 BMHttfll (Scotland) ftflUM GOLf PRODUCTS OOLF ACCESSORIES Den Golfers •Tl' We would like to share with you, our GOLF EQUIPMENTS ACCESSORIES. Just All up the attached coupon and send it to us together with your namecard straightaway! Thank You. I GS. GIUPTBLTD J GRAND SLAM Golf
      136 words

  • Page 17 Advertisements
    • 411 17 'fv 3 <'*£» And they said we had our heads in the clouds. the world's fastest digital telephone network system. driver, is spared the embarassing ordeal of mi«« Because, for a while, thit's where we spent a great units to calculate the optimal Ignition timing point This identifies and tells
      411 words

  • Page 18 Advertisements
    • 797 18 Nothill£ BOcltS A BIICL where to wine, dine W GENUINE PENANG FARE LET OURPENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLAGE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES, OR LIGHT SNACKS WITH GOOD FRIENDS. A MEMBER OF CDL
      797 words
    • 228 18 ———^^——^Pl Local Tea Time delights at Chatterbox every Friday, Saturday and Sunday. t 3 pa to 5.30 pm. $14.30+ per pcma 10.50+ per child (below 10 yrs) Mraewe Sumptuous Continental Aftemoon Tea .spread at Mezzanine Lounge. Daily. 3 pm to 0 pm. $10.00+ per person $10.00++ per child (below 10
      228 words
  • Page 18 Miscellaneous
    • 604 18 TELEVISION AND RADIO 1 J 1 1 SBCI2 s 7 Violence (Pt 2, See Our 9.05 Nur ArH (Drama/Ep 6). \J AAI n m T k\ 111 An Choice). 9.35 Ml—igaNyonya. I\rll I)H I I V 111 llrS 7«» am mmi /i il.li Powor Wto USA (Stereo). 10.05 Worid Horn
      604 words

  • LIFESTYLE
    • 957 19  -  Legend has it that the Japanese worker is married to his company, doing overtime for free. White-collar worker Yasuhiro Kobayashi shatters the mvth Yasuhiro Kobayashi Yasuhiro Kobayashi is an editorial page writer for Asahi Shimbun, Japan s most respected newspaper Asahi Shimbun GO TO a pachinko (Japanese pinball)
      Asahi Shimbun  -  957 words
    • 704 19 cHAmnaox. POP star Michael Jackson arrived in Tanzania's port city of Dar-es-Salaam on Monday still holding his nose a gesture that has offended some Africans, though his aides put it down to nerves. Witnesses said Jackson, who flew in from Ivory Coast
      704 words
    • 718 19  -  One of France's greatest chefs finds the US fast-food chain's advertising campaign in the Netherlands hard to swallow. Roger Cohen reports on the commercial faux pas Roger Cohen NYT SINCE McDonald's opened its first restaurant in France in 1979, an uneasy truce
      NYT  -  718 words
  • Page 19 Advertisements
    • 133 19 AND ENTERTAIN (ULh I Ra Shai Mase f For the fresh and flavourful taste of Japanese haute cuisine only at Unkai Japanese Restaurant. Lunch 12 noon to 2.15 pm Dinner 6.30 to 10.15 pm. ANAHora For reservations, SINGAPORE pleas* call 732-1222 ext 1589. ,6N#^ Jg I View Singapore For fine
      133 words
    • 36 19 im, y i m fa II Wtfi./ ■Y: Classical Japanese food Prepared IN THE TRUE KAISEKI STYLE. Complete set Lunch from $18.00+ Sushi Set Lunch from $18.00+ TempuniChawanmushiSet Lunch ats2o.oo+ for Reservations Please Call au*n A
      36 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4021 20  -  By Claire Leow TRADING in Singapore centred on Malaysian counters yesterday, in line with a rally in Kuala Lumpur. Bargain-hunting in Malaysian counters was spurred by falling interest rates across the Causeway. Nineteen financial institutions in Malaysia pared their deposit rates between
      4,021 words
    • Article, Illustration
      69 20  -  By Chew Eng Han Comment LANDMARKS is still a good long-tern buy, even after its recent rally. First target of $1.00 should be readied soon, but the upside potential for the kwg ran extends beyond that. Possible targets are $!.25-SIJO by the end of the second quarter, and
      SOURCE: PONT DATA  -  69 words


  • 3142 22 Magnum Corp 50" 352 +34 +10.7% M Cement 50» 285 +23 +8.8% Pettling Gd 50» 157 +16 +11.3% Oriental Hldgs 635 +15 +2.4% M Banking 482 +12 +2.6% H Lcong Credit 243 +11 +4.7% NST 360 +10 +2.9% PMC 50- 168 +9 5.7% Rashid Hussain
    3,142 words
  • Page 22 Advertisements
    • 39 22 Jl| HONGKONG SUPERSTAR W WHO PREFERS TO WASH J v HIS OWN LAUNDRY fl Reporter Vivien Chiong catches superstar Jackie Chan scrubbing his singlet in a KL hotel. NEW, NEWS NEWSY PHJW From lunch-time. pjf Monday to Saturday. IMriftSjH
      39 words

  • BT SHARE INFORMATION SERVICE
    • 347 23 LmtHllm Ftnmt ??L fctPr* EPS ■"< *■r EPS torn prafll ta*t hw h*i Mw w+i (JIM) (S$a) (ct» l**"* 1 F F 21 Dec 91 19.0 90 22,050 213—252 184—218 SlTSLi f 060 71 80 9510 81 214 m-».S FW CapM I Feb 25 Am 92 5.4 1
      347 words
    • 1077 23 Last Frii Tmt hrtrf Ml Tmt EPS Crtn let mmui m*c (cte) pnflt Mint (STIM) Fmal No* 6 Jul 91 3.0TE 17.878L hppM tan Fmal Feb 13 Dec 91 5.8 5.0 5,276 f mm Mi j Fmal Feb 19 Dec 91 4.0 291L Sn N* Interim Mar
      1,077 words
    • 272 23 Cmpaay Date Ymt CrMp Ntt N«t urikp Cross MR to profit/toss (L) p#r slur* <M<n< ('•M) (CMtS) Cwebos Feb 13 Sep 91 $45.623|($38,9U) 14.8(12.1) 236TE(30TE) KL Kepong Feb 13 Sep 91 M864,883(182.895) 15 3(14.8) 15(15) MST Feb 10 Aug 91 *$55,298(59.064) 30.9(33) 20(20) Asa Pacific Jan 24 Sep
      272 words
    • 147 23 CinpMy Date Y*ar Qnmp prt-tax N«t aanitogs 6mi 1,1 (L) pm Uan 4M4m4 (CMtS) UMW Feb 14 Dec 91 M$208.335($198.544) 524(503) 15(15) Land I General Feb 13 Dec 91 M$86 678(K3 197) 22 9(129) 15(5) G Securities Feb 12 Dec 91 $2,070(13,029) 3.1(2) 10(10) Pubhc Bank lan 27
      147 words
    • 371 23 Company Data Half-year Gr*ap pra-tax Imfrim •an to pradt/tou (L) §M4m4 (•Hi) Cold store Feb 17 Dec 91 $12.122($19.171) 6 5N(6N) GK Goh Feb 17 Dec 91 $3.772($5.09l) Scotts HWgs Feb 13 Dec 91 $3.7*01.313) 0.4(—) BMT tan 30 Dec 91 $697($600) 50(50) M Banking tan 28 Dec
      371 words
    • 502 23 vompany Kignts mm <Mwce T«* Onetor-one 3 $100 per share ■rtan Issue of 990 978m nomral amount of 35% Redeemable Unsecured Guaranteed Bonds 1991/96 with 45 «9m detachable warrants on the bass of 12 nomral amount of Bonds lor every three existing shares held Every $2 nomnal amount
      502 words
    • 1549 23 •t^i. I?"* I?**!*** 1 S«fc»tMttal Bay/ Sfcarw Am#ant SkarclwMiiigs Sk»rtfc#M«c/Wrt«»®r S«4t i»v*hr*d UHn Chgi S After Ckg« OSS 14/02/92 Street Names Temasek HoWmp (Pte) Ltd B 2,100 25,102 109,091.497 2090 109 093 597 20 90 LM* 14/02/92 Street Names Guthrie Manufacture (S) Pte Ltd B 8,889,000 14,910,170
      1,549 words
    • 255 23 Feb 17 The Stock Exchange of Singapore has implemented new guidelines for listing-application procedures which aim to hasten the application process and ensure closer contact with lead managers and companies seeking listing. Cdd Storage takings Ltd has closed its bottling plant in Tuas and will open three more
      255 words
    • 396 23 CwtM Ei twin Mi Tatarttar TiWhr My-* Mi dm pnaW* tto yur last par MfTT 4.2% (e) Pet Feb 21 Feb 28 7.7% 5 75% faun Fund US10((b) Mar 10 Mar 20 Mar 30 US10C USIOe Mm 9c 125%TE Mar 3 Mar 13 May 15 175%1E 12.5%TE BMT
      396 words
    • 129 23 Company Rights issue Mi r* Land Four tor seven MJO 50 per share Extote ton 3 Books dose ton 17 Acceptance i Payment Mar S Two-tor-one $100 per share Entote ton 8 Books dose ton 70 Acceptance Payment Feb 28 MC3 One-tor ten MSI 10 per share Ei-date:
      129 words
    • 82 23 Srtm Tttemyw ktabyn Mb Bth AGM at the Pacific Balroom, Level 2, Pan Pacific Hotel, Jaian Putra, ***** Kuala Lumpur, on Saturday, Feb 22, at 11am Muda Hokfngj §kt EGM at the conference room, Ist Floor, Lot 7, Jaian 51A/241, ***** Petaling iaya, Seiangor Darul Ehsan, on Monday,
      82 words
    • 34 23 Coawrsioa Special Trig Scriptea* Conversion deadline Period Tradii* Co*9—7 ««m (IDP) (ST) Mvli Jadt. Int Jan 29 Feb 20 Jan 29 Feb 20 Feb 21 SPH NY A Tta*a Pa* NY A
      34 words
    • 147 23 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1*2 M* 1310 46 (11/2/92) 1«2 K* 1545.92 (27/1/92) 1992 1m: 1232.84 (2/1/92) 1992 tMr 1479.35 (2/1/92) 1991 M* *****8 (3/6/91) 1991 h* 1565.58 (3/6/91) 1991 Imt 1022.52 (16/1/91) 1991 Inr 1149.08 (16/1/91) 1990 M* 1435 43 (16/7/90) 1990 M* 1607.12
      147 words
    • 338 23 la local car la S$ la USS %*y%yr%dy*yr%4y%yr >7 Mb due chfe cky ckjt dm dj| World 402.4 0.4 -1.4 0.4 -2.8 0.5 -3.7» fEAFE 491.5 0.3 -2.1 0.7 -4.6 0J -5.5* Europe 429.7 0.4 4.5 0.7 -0.5 0.7 -1.4, Pacific 741.3 0.3 -7.5 0.8
      338 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5023 24 Investors accumulating quality stocks at bargain prices Bernama STRONG institutional buying support yesterday took share prices to a sharply higher close in active trading. The K.LSE Composite Index at the close firmed 9.89 points to 607.67, its highest since July 10, 1991's closing of
      Bernama  -  5,023 words

  • 1728 25 Vol 17 fc* High Low 000) PE AJ. Plast 46.00 -0.25 46.25 45.00 1035 23.8 AdkinsonSec 185.00 -3.00 190.00 183.00 53 12.9 Advance Info Service Alucon 137.00 Am Std Sanitary 340.00 Amarin 37.00 Aokam Thai 23.00 unch 23.50 22.00 680 22.3 Asia Credit 150.00 +1.00 152.00
    1,728 words
  • JAKARTA STOCK EXCHANGE
    • 1221 25 Reuter SHARE prices closed lower again but brokers said the declines were caused by re-rat-ing and did not signal a reversal of the market's recent bullish trend. The index slipped 4.16 points yesterday to 286.73 on moderate turnover of 7.68 million shares. Among blue
      Reuter  -  1,221 words
  • Page 25 Advertisements
    • 297 25 The Thai stock market was closed yesterday for a holiday. Below are Monday's prices BUSINESS TIMES Ton-ft— T1N0:737-0Q43 Fax No: 734-3696 MBI Tj I I, Ho Cheok Cheng (NRIC No. I *****12/B) do hereby apologise H H solemnly and sincerely to Miss Lee 111 Mui Cheng (NRIC No. *****32/1) I
      297 words
    • 142 25 NOTICE NOTICE IS HEREBY GIVEN that, I Lee Huay Chang of No 163P Lorong Gendi, Singapore 2880 have applied for a First Class Beer House licence in respect of premises at M/s. Kian Seng Restaurant at Block 43 Bendemeer Road #01 1000 Singapore 1233 and that this application will be
      142 words

  • TOKYO STOCK EXCHANGE
    • 2626 26 Reuter STOCKS dropped sharply yesterday and the Nikkei ended just ofT its lowest close for more than a year, erasing Monday's yen-inspired jump. Futures-linked programmes and small-lot selling squeezed prices, but brokers said most investors were sidelined. "Monday's gain wasn't on real investor buying, it
      Reuter  -  2,626 words
  • STOCK EXCHANGE OF HONGKONG
    • 2593 26 Reuter SHARE PRICES closed solidly firmer in moderate trade yesterday but off the day's highs after profit-taking eroded morning gains from bar-gain-hunting, brokers said. "There was a lack of sufficient follow-through buying from the early rebound as many investors stayed sidelined pending new direction," said
      Reuter  -  2,593 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2251 27 Reuter THE Australian share market closed higher yesterday, buoyed by expectations that the federal government's Feb 26 economic statement will be prudent. Brokers said a more optimistic tone had crept back into the market on speculation the statement would keep inflation
      Reuter; SOURCE: PONT DATA  -  2,251 words
  • REGIONAL STOCK MARKETS
    • Seoul shares hit by credit crunch fears
      • 120 27 WORRIES of a credit crunch reasserted themselves to weigh down the stock market yesterday alter a slight technical rebound had nudged the index up, brokers said. The Composite Stock Index fell 1.92 points to 638.22. "A rebound focusing ion securities counters halted the market I falling further," a Daishin
        120 words
      • 461 27 SHARE PRICES finished lower yesterday in nervous trade as investors worried about the central bank's policy of tightening liquidity and prospects for political instability, brokers said. The Weighted Index lost 92.57 points, or 1.9 per cent, to end at 4,766.91. Turnover was a moderate NT529.6 billion against NT532.2 billion
        461 words
      • 523 27 SHARE PRICES eased further after investors, fearing the worst from the restive Taal volcano, opted to stay away from the market yesterday. 'There is a weakening in the market sentiment because of fears that Taal might erupt," said Conrad Andres, chief analyst at Philippine Asia Equity Securities Inc. The
        523 words
      • 251 27 THE New Zealand share market closed slightly easier yesterday after the market's two biggest companies, Telecom and Fletcher Challenge, reported results. The pair make up about half the weighting of the NZSE-40 which fell 4.32 to 1,473.03 on volume of around NZ$lB million. CS First Boston's Rue Bourke
        251 words
      • 51 27 Claw Pint— Feb It NEW ZEALAND NZSE-40 Capital 1,473.03 I.4T7.3S -4.32 Turnover (NZSmillwn) It MAMLA Composite Index 1,176.37 1,179.10 -2.53 Turnover (million) S5I.I9 905.5 -47.31 TAIPEI Weighted Price Index 4,766.91 4,IS9.4t -92.57 Turnover (NTS billion) 29.6 32.2 -2.6 SEOUL Compocate Stock Index 63t.22 ***** -1.92 Turnover (billion won) 197.1 222
        51 words
  • Page 27 Advertisements

  • WORLD STOCK MARKETS
    • Frankfurt second-liners hog limelight
      • Article, Illustration
        1211 28 SECOND-LINE stocks were once again in the limelight as the Frankfurt bourse closed a fraction firmer on Monday af- ter another day of dull trading. The likelihood of high German mon- ey supply figures for January due J out tomorrow kept the bourse cau- tious, especially with Wall Street
        1,211 words
      • Article, Illustration
        673 28 h SHARE PRICES rose on the London Stock Exchange on Monday. At the closing bell, the broad-based Financial Times-Stock Exchange Share Index was up 27.1 points, or 1.08 per .'cent, at 2541.0. The Financial Times 30-Share Index t was up 19.7 points at 1970.6. Volume was 465.5 million shares,
        673 words
      • 325 28 DUTCH SHARES closed slightly firmer on Monday, but off morning highs, with trade inhibited by the closure of US markets for the President's Day holiday, dealers said. "It was very quiet today. If you bought two or three thousand shares you could move the price 30 or 40 cents,"
        325 words
      • 457 28 SWISS SHARES closed firmer in thin volume on Monday, but below their day's highs, with investors made cautious by an upturn in franc interest rates. The all-share SPI index closed up 2.6 points at 1,121.0 after peaking at 1,122.9 and the SMI index of leading shares rose 8.9 points
        457 words
      • 189 28 THE PARIS BOURSE'S blue-chip CAC-40 Index zoomed to its second highest finish so far this year on Monday, but trading was quiet and technical. Arbitrage between the futures and underlying shares lifted the market, allowing the index to poke its nose out of the narrow trading range that had
        189 words
      • 267 28 THE BOURSE faded after a firmer start to end the first day of the March account only slightly higher on Monday, advancing less than the one per cent normally guaranteed on technical grounds at the start of a fresh month, brokers said. "It has been a poor start to
        267 words
      • 105 28 PRICES on the Stockholm bourse recovered from morning losses of over one per cent to close slightly higher on Monday, supported by foreign markets. But dealers noted volumes were low and market sentiment cautious. The bourse general index rose 0.07 per cent to 931.13 in turnover of 255 million
        105 words
      • 419 28 GOLD SHARES bounced off their early lows on Monday afternoon after being pushed downwards on some early selling in a thin market, dealers said. They added that trading was generally quiet and volumes light. The JSE All-Gold Index ended the day at 1289, still down from Friday's 1,309 finish
        419 words
      • 423 28 STOCKS FINISHED a quiet session unchanged as players stayed on the sidelines on Monday because of the US President's Day holiday, dealers said. Players said they were reluctant to take positions without a lead from the US. "It's real sparse for stories today," said Don Vialoux, vice-president of research
        423 words
      • 278 28 Feb 17 Cloac NEW YORK Dow Jones Closed 3.245.97 SAP 500 Closed 412.48 Turnover (million) 221 LONDON Financial Times 30 1,970.6 1.950.9 +19.7 FTSE 100 2.541.0 2.513.9 27.1 Turnover (million) 465.5 593.1 -127.6 FRANKFURT DAX Index 1.681.07 1.676.48 4.59 AMSTERDAM EOE Index 295.58 294.99 +0.59 PARIS CAC-40 1,882.07 1,865.11 +16.96
        278 words
  • Page 28 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1182 29 REPORTS Reuter Tokyo: Late short-covering lifted the dollar slightly to a firmer close against the yen and the mark in Tokyo yesterday, traders said. "Basically, the dollar's trend is still bullish despite Monday's dollar-selling intervention (in the Tokyo market)," said Masakazu
      Reuter  -  1,182 words
    • 375 29 Crots rites Fd USS S$ MS Dm Yen SFr AS NZS USS 1.6350 2.5940 1.6270 126.70 0.5647 1.4670 1.3236 1.84*4 SS 0.6116 1.5865 0.9951 77.4924 0.3454 0.8972 ***** 1.1305 MS 0.3855 0.63 0.6272 48.8435 0.2177 0.5655 0.5103 0.7126 Dm 0.6146 1 0049 1.5943 77.87 0.3471 0.9017 0.8135
      375 words
    • 537 29 Interbank rates ss BU Offer Overnight 3 3 1/8 1-month 3 1/4 3 3/8 2-month 3 1/4 3 3/* 3-month 3 1/4 3 3/8 Overnight mode: 3-5/16 IS$ BU Offer 1 d*y» 4 1/8 4 1/4 1 month 4 1/16 4 3/16 2 months 4 1/16 4 3/16
      537 words
    • 490 29 Reuter TOKYO The Bank of Japan (BOJ), which is turning a deaf ear to mounting political clamour for further monetary easing, may find itself pressured into a discount rate cut by about late March, economists said yesterday. But whether such a cut
      Reuter  -  490 words
    • 376 29 Reuter JOHANNESBURG Investor nervousness is continuing to plague South Africa's.financial rand as analysts question the ability of the foreign investment unit to recover strongly soon from its recent battering. Recent attempts by the government to clarify the tax status of non-resident's interest income, which fuelled
      Reuter  -  376 words
    • 931 29 SjjjEX Open High Low Sett Est Vol Op/lnt Vol Mar 92 95.84 95.84 95.83 95.84 1400 ***** mT Jun 92 95.61 95.63 95.61 95.62 2100 ***** 4234 Sep 92 95.24 95.26 95.23 95.23 2000 ***** 2507 Dec 92 94.55 94.56 94.54 94.55 2000 6098 2241 Mar 93 94.23
      931 words
  • Page 29 Advertisements

  • COMMODITIES
    • 338 30 Reuter PENANG Malaysia's two tin smelters, the world's oldest and largest, are still running at full capacity as falling local supply is made up for by more refining of foreign concentrates. Industry officials said yesterday that a prolonged slump in world tin prices
      Reuter  -  338 words
    • 331 30 Reuter CARTAGENA, Colombia Colombia's Foreign Minister has called for an international conference on commodities and suggested that futures markets could move within price bands to avoid sharp fluctuations. "I wonder if the factors have not been created which make it advisable to invite the international
      Reuter  -  331 words
    • 825 30 REPORTS RUBBER prices closed steady to slightly higher in thin trading yesterday, dealers said. RSS-1 March buyers ended at 128.75 cents a kg, unchanged from Monday's close, while TSR-20 Award March buyers rose to 132.50 cents, up 0.50 cent from Monday. Dealers said the
      825 words
  • 1383 30 wupoer Feb »8 MU(tl»lnNte«) Scents/k« Noon Owe Int I RSS Prompt 128.25/I29.25N 128.2VI29.25N Int I RSS Mar 92 I2S.7VI29.23 I28.7VI29.23 Int I RSS Apr I30.2V130.75 130.2VI30.75 Int 2 RSS OP 128.2V 129.25N 128.2V129.25N Int 3 RSS OP 127.7V128.75N I27.7VI28.75N Int 4 RSS OP 125.7VI26.75N I25.7VI26.75N Int 5 RSS OP
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  • Page 30 Advertisements
    • 682 30 _B_U SINESS TIMES TtaO tr—TM No 737 0Q43 Fax No: 734 3006 LOST SHARE CERTIFICATES The following Share Certificates/'together with the relevant signed transfer deads have been reported lost or deetroyed:AMCOL HOLDINGS LIMITED Certificate No. In Ihe name of No. of Shares *****69/93 Ong Tiong Lye 5x1.000 GENERAL SECURITIES INVESTMENTS
      682 words
    • 7 30 Advertising Marketing in Business Times every Thursday
      7 words

  • THE TRAVEL PAGE
    • 1002 31 W*t m F10K ETP Mi —M GA8SS 1520 AMtM QF81 2010 SQ227 2115 QF82 2115 Iwrtlllllll KL837 1400 SQ24 2215 GA895 1530 KL838 2325 *>'" 0A471 0015 OM72 2240 SQ35 1650 AMMri NZ21 1740 NZ22 1850 SQ288 2035 GA524 0920 MMr %mi BU21 1105 SQ182 0915
      1,002 words
    • 421 31  -  POSTCARD FROM WASHINGTON By Tim Klass WITH A bloodcurdling yowl from Killer Bob, Twin Peaks came alive on Sunday for 50 Japanese tourists. The first of at least four Twin Peaks tours brought two busloads of hard-core fans to the Snoqualmie Valley, about 50
      421 words
    • 150 31 At aft 3pm ytttarday. Local dollars to one unit of foreign-currency Currencies Bid Offer Australian dollar 1.2295 1.2344 Canadian dollar 1.3605 1.3880 NZ dollar 0.8745 0.9098 Sterling pound 2.8832 2.9223 US dollar 1.6310 1.6380 Local dollars to 100 units of fcrrifu currency Austrian schilling 14.12 14.42
      150 words
    • 26 31 Duration Tide Venue Oninaer Tej Duration Title Venue Orjanuer Tel 1 2 sstsL. Tunn u,y mii6sm <>**>"»" S.p.A 1992 Sports Tourism ST' Y "—JE£? <*»">»«
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  • Page 31 Advertisements
    • 41 31 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 36 European destinations- aA for one price. Call *****77 for details. W« km* I—pa Am Mart to Ptairiih.
      41 words
    • 24 31 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 749-2577
      24 words
    • 282 31 S1 »j i -f-t ORCHARD HOTEL SHOPS SPLENDID RETAILING LEASE Fctj? j]s' AT SINGAPORE'S PREMIER SHOPPING AND ENTERTAINMENT BEIT Mlla i I BSLSI Orchard Hotel Shopping Arcade is strategical positioned -SPSS Tariff 1 t0 ta P bustling shopper traffic. Its location at the junction of Orchard Road and Orange Grove
      282 words
  • Page 31 Miscellaneous
    • 253 31 ACROSS HHHV —E —I —P —l u —F 1 Continued to ence on English lecturer JIH— 8 Father's no more disposed —L«J——Uaf ~TMT~ 11 su* s nccrc final odds arc one pound 12 Smith's business to —-IH— counterfeit money (5) 16 J jj 13 First cardinal go round 16 It
      253 words
    • 167 31 iiugapore Outlook: Fair. Report Maximum temperature 32.1 Assoc humidity 52% Minimum temperature 23.0 Assoc humidity 97% Hours of sunshine 9.40 Rainfall in mm Nil Rainfall this month 19.2 Rainy days this month 3 World report Asia-Pacific Hi/Lo* Good. Auckland 23/17 Cloudy Bangkok 34/23 Sunny Bering 06/-6 Cloudy Brunei 32/24 Showers
      167 words
    • 23 31 f 18 th in\ (u>fts~ne or Time. .775 Li*e fog, oner e>uy&g. J AND TV. PRtSCNTej?.../ C ASSOCIATED NEWSPAPERS LTD., IM3-IM3 thO%v» BbIS
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  • 457 32 Scheme mooted to help prevent runs on banks Reuter HONGKONG The Hongkong government has released a discussion paper on setting up a deposit protection scheme (DPS), saying such a scheme might prevent the kind of bank runs which hit the British colony
    Reuter  -  457 words
  • 360 32 Agencies TOKYO A new scandal threatening to become the biggest in post-war Japan spread to the ruling party for the first time yesterday after two politicians were linked to the trucking firm at the centre of the affair. Rumours have circulated for
    Agencies  -  360 words
  • 267 32 Reuter TYRE, Lebanon Lebanese Shi'ite Muslim zealots have declared an all-out war on Israel to avenge the death of their leader. Abbas Musawi, in an Israeli helicopter ambush. The killing last Sunday of the 39-year-old head of the fundamentalist Hizbollah (Party of God) in
    Reuter  -  267 words
  • 418 32 Drive to speed up nuclear disarmament, slash arsenals Agencies MOSCOW The United States and Russia yesterday announced ambitious plans to accelerate and simplify nuclear disarmament and to slash arsenals by far greater amounts than called for under any existing treaties or proposals. "We are thinking
    Agencies  -  418 words
  • 460 32 Reuter KUALA LUMPUR Malaysia's central bank. Bank Negara, intervened twice this week in the interbank market to push falling interest rates higher again, signalling that the fight against inflation is not yet over, dealers and analysts said. "It's quite clear that
    Reuter  -  460 words
  • 187 32 Reuter MANILA Philippine prelate Cardinal Jaime Sin has dropped a bombshell by attacking President Corazon Aquino's choice of her ex-de-fence chief as her favoured successor. The influential archbishop of Manila, who helped topple the late president Ferdinand Marcos and put Mrs Aquino in power
    Reuter  -  187 words
  • 411 32 AFP BEIJING The Shanghai Securities Exchange taught China's fledgling investors a lesson in capital risk yesterday by lifting price controls on two of its nine listed stocks. The move took the city's experiment in capitalism one step forward and will be followed on
    AFP  -  411 words
  • Page 32 Advertisements
    • 67 32 CHARTPOINT Every Saturday in Business Times 100 Waymouth Street ADELAIDE PRIME COMMERCIAL INVESTMENT Leased to Workcover Corporation (South Australian Government) 10 5 5 lease Substantial taxation benefits I For Sale by Tender] Close Wednesday, 18 March, 1992 Declared Price: $31.5 million Net Income: $3,000,000 per annum NoterThe vendor reserves the
      67 words
    • 83 32 CHARTPOINT Every Saturday in Business Times r i The Tradition Of Blancpain .J6L BlancpaiN Singapore THE HOUR CLASS Lucky PWi Tel *****20/1 Votts Tel *****27/7198 Centrepoint Tel *****98 PemnsuU PU/a Tel: *****09/*****6) Palais Renaissance Tel 7J)1262'M) Raffles Tel *****41 Changi Airport Terminal 1 (East Wesl Wings) TH: *****69/0 Terminal 2
      83 words

  • Shipping Times
    • 293 33  -  Rahita Elias SINGAPORE Pacific International Lines' (PIL) new Thai venture, Pacific Seatran Lines, is planning to extend its service network to cover more Asian destinations in addition to its SingaporeBangkok offering. Mr S S Teo, PlL's deputy managing director, told BT: "With the
      293 words
    • 225 33 AP BEIJING China's staterun airline will add more flights to European cities and use bigger planes on some existing routes to increase business, an official newspaper reported Monday. The English-language China Daily said Air China will add a new route from
      AP  -  225 words
    • 262 33 Reuter TORONTO Cathay Pacific Airways has no plans to move its base of operations from Hongkong, chairmandesignate Peter Sutch said. "Contrary to any rumours you may have heard, Cathay Pacific has not the remotest intention of moving its base of operations away from
      Reuter  -  262 words
    • 514 33 AFP MOSCOW The pride of the former Soviet Union's airways, serving more routes than any other airline in the world, is no more. And as the country's constituent republics squabble over the remains of Aeroflot, often simply painting its aircraft in their
      AFP  -  514 words
    • 279 33  -  Rahita Elias SINGAPORE A dispute over land ownership involving Si-Chang Thong Terminal Co, a proposed deep-sea port on Thailand's Si Chang Island, has been resolved after a delay of more than one year. The country's Transport and Communications Ministry last week agreed to
      279 words
    • LOG BOOK
      • 59 34 LONDON The 164,891 dwt Luxembourg bulker Federal Skeena was surveyed in Singapore after being in collision last week with the 27,004 dwt Turkish bulker Urfa, Lloyd's Shipping Intelligence said. Drydocking was not required and Federal Skeena's owners will ask local repairers for quotations. The collision
        59 words
      • 103 34 TOKYO Japan is planning to offer 43 countries which have no regular flights to Japan the option of flying into the New Kansai International Airport which is due to open in mid-1994, a Transport Ministry official said. Negotiations with those countries have been postponed,
        103 words
      • 81 34 HONGKONG China is negotiating with Germany for a joint development of several inland waterways for navigational purposes, it was reported here om Monday. Officials from both ministries of communications held talks in Beijing on Saturday for the joint development of the Songhuajiang, Hanjiang and Yangtze rivers
        81 words
      • 65 34 LONDON The Hongkong-flagged container vessel Maersk Asia Quarto on Sunday collided with five lighters on the Chao Phraya River, Phra Pradaeng, Thailand, Lloyd's Shipping Intelligence said. One lighter sank, the other four and the wharf of Poonpipat Co Ltd were damaged, but no human casualties
        65 words
      • 99 34 HONGKONG Cathay Pacific Airways will start twiceweekly Hongkong-Los Angeles cargo flights in June, its first trans-Pacific all-cargo service, the airline said in a statement. Cathay is due to take delivery of a new Boeing 747 freighter in August but a company spokesman said scheduling
        99 words
      • 52 34 LONDON The Italian tanker Portoria is expected in Malta on Monday for repairs to its bow, Lloyd's Shipping Intelligence Service said. The 24,414-dwt vessel suffered damage in a collision with the Italian bulker Capo Mele Secondo on Feb 12 in the Italian port of Marghera
        52 words
      • 46 34 LONDON The Faroese refrigerated vessel Nordlandia is under tow to Svendborg, Denmark, where it is due to arrive today, Lloyd's Shipping Intelligence said. The 1,423-dwt vessel suffered an engine breakdown and was adrift in the Atlantic Ocean north of the Azores.
        46 words
    • 202 34 FREIGHT rates continued their slide over the past week, despite the prospect of new US wheat sales to the Commonwealth of Independent States (CIS), brokers said. On the futures market, the Baltic Freight Index lost 50 points to finish the week at 1,315. The US Department of Agriculture
      202 words
    • 639 34 THE DRY cargo freight market on Monday was shaken by another sharp fall in the Baltic Freight Index, by 16 points to 1,299, showing losses on nearly all routes. Brokers said enquiry had picked up in both the Far East and Atlantic markets, but the number of available
      639 words
    • 1461 34  -  In an address held in Hongkong, Paul Slater, chairman of the First International Capital Corporation, blamed the poor reputation which shipping has in financial circles as the main reason for the difficulties it is facing in finding the urgently requested capital. Paul Slater, International Transport Journal Anybody visiting
      International Transport Journal  -  1,461 words
    • 1204 34 Par Col ABC Containeriine 12 1 Accord Group 8 1-3 Ahrenkid Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3-5 A.P.C. Lines 13 5 A c Warehousing 15 S Arrow Int 9 4 Asian Break-Bulk 16 S ASXCLShpg 13 2
      1,204 words
    • 5257 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapote. Advanced dates are published for a maximum
      5,257 words
    • SHIPS IN PORT
      • 498 49 <w w< itatl fry Hb Bfth kr** Departure Marina Terminal 1 Johan Pearl 402A92 P03 19.02/1930 20 02/0600 Batam Baru B126 M05 alongside 1802/2300 Km Soon li 46/92E P02 1902/0730 19.02/1700 Batam Murni *****2 M04 alongside 1802/2300 Laurus 03H 1902/1630 20 02/0200 Btm Baftagia *****2 M03 1802/2300
        498 words
      • 256 49 jjfciw Purt Berth: 1: Kris Madura; 2: Johan Pearl, Lian Keong; 3: nil; 4: Enter Preneur; 5: ml; 6: Wan Hai 201. 01 jetty: Fraternity I', Hansdoot, Santi. DCJ: New Olymptc. Star Eight. -Out on Feb It: Stott Titan, So bur, Liconia, Tai Ho No 1, Jzu
        256 words
      • 875 49 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO C m Record Bookrt/BaUnce Rjftj W No Etb/Btr Mod From To From A 9823W 21/0930 3 19/0700 19/1159 19/1400 19/1200 19/1459 19/1700 19/1700 1 18/1500 18/1659 18/1900 21/2359 3 19/0700 19/1159 19/1400 1- _4 19/1200 19/1459 19/1700 A» UeMe *****
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    • 300 50 Reuter SYDNEY Global transport group TNT Ltd said that net income from TNT Freightways Corp, its US trucking unit being floated to the public, fell to US$7.3 million (5511.9 million) in the six months to Dec 28 from US$B.42 million a year earlier. TNT
      Reuter  -  300 words
    • 349 50 NYT NEW YORK Gordon Linkon, who got his start in the airline business by heading two start-up carriers during the tumultuous 1980s, was named recently as president and chief executive for the new USAir Shuttle. The airline announced in late December that it had reached
      NYT  -  349 words
    • 327 50 AP WASHINGTON Sharp words flow from both sides, more than a month after President Bush and America's car makers complained in Tokyo about the lopsided trade balance with Japan in car parts and cars. In a new escalation, Honda Motors is going public with accusations
      AP  -  327 words
    • 211 50 Reuter MEXICO CITY The Mexican subsidiary of The Royal Dutch/Shell group denied on Monday that the company owned the barge that sank in the Gulf of Mexico on Feb 5, spilling its cargo of oil products. "The barge was owned by Sargeant
      Reuter  -  211 words
    • 277 50 Reuter TOKYO Japan Airlines Co Ltd (JAL) aims for sales of 1.6 trillion yen (5520.57 billion) in the year starting Apr 1, 1996, against 1.12 trillion in 1990/91, the airline said in a newly revised five-year business plan. Every year JAL updates
      Reuter  -  277 words
  • Page 33 Advertisements
    • 117 33 MI fll tef lml MOZART STREET ———-experts. —jwl I rff [M III? It j The city of Salzburg is praised as the jewel of Austria. lfoMll jßittßp j And one of its more picturesque thoroughfares is f 1' Getreidegasse. Visitors come from far and wide to gaze at i illHHlfiH
      117 words
    • 148 33 SUM M A R Y Bringing integrity back to the shipping industry ANYBODY visiting Hongkong can understand how essential shipping is to the everyday life of a modern developed society. It is this essentialness that should bring with it respect and strong investment support. Historically, the shipping industry, when concentrated
      148 words

  • Page 34 Advertisements
    • 49 34 NOTICE NOTICE M.V BAKON 1 VOY.I ARRD SINGAPORE 4/3/91 #S dH JMNI If fcMifcy •06 lied I* a anl wuwj wM It MoikM Prtraary 1992 (Diwkjr) htk PmJmi Wkm mo 0900-1200 hows. No rwtjMf itrrty will to AgcaUi "K" Um, Kiakai SkippJii A|nclit (APhMwOlfc»H«W s*r»ktj h« Lid) Tell *****66/*****54
      49 words
    • 9 34 Keep your investment decisions on target ftHABTPOmip Vmr SATURDAY
      9 words
    • 21 34 I— Umi mnl Mnrtcn NfnmM ky,/%flH9& iwiw <1 ttw lijjjitry flMfijy SegSSJSttw. 1i /■or advertismn enquiries, contact Shipping Times: lei 740-2089/740-2090.
      21 words

  • Page 35 Advertisements
    • 2569 35 OOCL PTI LTD JAR DINE SHIPPING AGENCIES *I||#» *****11 FAX: *****09 All If# BOOKINGS TEL: *****234 *****58 ■llllf TERMINAL/CFS TEL: *****218 220 PDOACQn PCSAKA JARDW4E SHIPPING AGCNCKS SON. BHD. L^Wi PORT KELANG TEL: *****18 FAX: *****91 *****88 nimUl PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Quality Service
      2,569 words
    • 1749 35 MB TRANSPORT DIARY WMHHMMHHMMMMnnHMMMNMaUhnMMMMMMMMft j 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
      1,749 words
    • 94 35 Momssma MAERSK GOES FAR EAST TWICE A WEEK!!! Any cargo to Bangkok, Hong Kong, Surabaya, Kobe, Tokyo Maersk is your answer with two sailings every week fixed day optimum closing times CY: MON 1300 hours TUE 0800 hours CFS: MON 0500 hours MON 2100 hours fast transit times Bangkok :2
      94 words

  • Page 36 Advertisements
    • 1454 36 ROAM/ VOY NO S PORE JEDOAH SHAMTON H'BURQ ANT LE HARVE KAMAKURA 21/107 20/2 29/2 14/3 10/3 9/3 fISPPK KITANO 12/307 23/2 11/3 13/3 16/3 17/3 IMu HAMBURG EXPRESS 07/108 27/2 7/3 21/3 17/3 16/3 'ICTWBWP TOKtO EXPRESS 04/308 1/3 18/3 20/3 23/3 24/3 1* *IWITKMB KATSURAQJ 10/109 5/3 14/3
      1,454 words
    • 730 36 SEABPAC SERVICE DBECT STUTH PACHC SEKVICE SIN MOU SUV PPT IMPERIAL 3202 EB 23-28/2 12/03 15/03 20/03 PALEMBANQ 3301 EB 25-27/3 7/4 10/4 14/4 Transit Tim* (13) (16) (22) ALSO ACCEPTM6 CARGO VIA SUVA TO; LAUTOEA, PAGO PAGO. APIA, NUKUALOFA. P ft* FASTEST SERVICE TO CHILE/POBJ SIN VAP SAI ANF
      730 words
    • 1568 36 Eamiiii tLEmm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE ravvot «-G BCI HAM Btt HOT ANT FEL UM (WA (VM (VIA ALfi) HAM) ROT) lAPAN SEA 150* 24/02 16/03 11/03 21/03 23/03 24/03 25/03 2i/03 27/03 CHWA SEA 151N 01/03 23/03 25/03 29/03 30/03 31/03 01/04 02/04 03/04 NORASM
      1,568 words

  • Page 37 Advertisements
    • 1756 37 H STRAITS SHIPPING PTE LTD 15 Ho* Chiang Road 409-01 San ford Building Singapore 0208 Tel: *****88 Fa#: *****17 ACCEPTS UM SM.S cargo SPORI BKOK STRATH VENTURE VO4C Muar.. Lab. KK l> ft 19 Fab KGASUS WOCRESS V.705N IMS FEB 22 23 FIB RAMH BROOKE VOX Muari. i*. KM 11
      1,756 words
    • 2089 37 A SINGAPORE AGENT: PAO PAO Containers (Singapore Agencies) Pte Ltd O 15 Hoe Chiang Road #08-02 to 06 Sanford BuHdlng, Singapore 0208 ral: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z EXPORT IMPORT LEDA*MAE«SK Jsi 16/02 !!702 05/03 STJ 3 5?.1, f!S. OSaSa'bav Tf.T, Alrr
      2,089 words

  • Page 38 Advertisements
    • 472 38 tKJiULuiyy CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/VOY SPORE ROAM/AOMI H'BURG BREMEN AMTORP HATARAM/31WB 28/2 2/4 6/4 10/4 16/4 SRMUAYA/ 34W6 12/4 15/5 20/5 24/5 27/5 KUTM/25W8 26/4 29/5 3/6 7/6 11/6 FAST TRANSIT TIME ACCCTMO BREAK BULK/CONTAINERISED CARGO ti InduoctntnL Also accepting ct9o to Cmblinci. Rart
      472 words
    • 1320 38 @HANJIN SHIPPING Mgp—^——————— Ft* VS. $M LINE HAUL IGB OAK Ft* VS. SK IIJK HAUL SAY 1M NYC HAWK HAMBURG 009E 1/3 ORECT 22/3 25/3 FISH6UARO MY 243N 24/2 M PtONMENCE 021E 2/4 3/4 S/4 HANJM ELIZABETH OOX 8/3 ORECT 29/3 1/4 HMIM CHEJU 07* 2/3 H. NEWYOM 039E 1/4
      1,320 words
    • 1308 38 Im nt wc nc w m or w as no ui cn u ntclw m ih w w no cn n ssp I I GROWTH AfOK U/2 hPt 24/2 24/2 a/2 2/3 l/J V 3 4/3 //I 0/3 21/1 1/4 J/« 4/4 |4/4 15/4 It/4 17/4 11/4 2»/4 4/S 12/5
      1,308 words

  • Page 39 Advertisements
    • 1451 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOWNG s :fT OL L FRE E) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 KB UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 m
      1,451 words
    • 475 39 limMrpa KAOHSAMG 21/2 I COLOMBO 22/2 AHlfftJlr LJf L DfIMDAV 99/9 BREMEN 23/2 KERUNG 21/2 %'l HAMBURG 23/2 K RACH 22/2 LEHARVE/LONDON 23/2 "ONG KONG 25/2 MADRAS 22/2 FELIXSTOWE 23/2 UM(B CWTTAGONG 19/2 GENOA 24/2 CALCUTTA 22/2 MARSEILES 24/2 BUSAN 24/2 ROTTERDAM 23/2 BANGKOK 19/2 KSffIJIMMM JAKARTA 25/2 ft™^ TOKYO
      475 words
    • 1021 39 m sinsov I SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUWES: *****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) j FULL CONTAINERSHIP SERVICES EASTBOWD-OCCHMONG RESTBOUND-LOAOWG TtANSHTfED HA J MB<
      1,021 words

  • Page 40 Advertisements
    • 1628 40 K "W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W W IWT TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/^9 i Mm. Wi MALAYSIA: 'K* UNE MARITIME (MALAYSIA) SDN BHD I A S All TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 HHB KAWASAKI KISEN KAISHA, LTD INDONESIA:
      1,628 words
    • 1098 40 PHILIORICNT LIN€S PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA.... A J&L WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION iAUrnUUJAmeW ZEALAMDmOUTH PACiFK fcvlcl tonnes"j— 21 FEB SYDNEY. MELBOURNE. BRISBANE. FREMANTLE
      1,098 words

  • Page 41 Advertisements
    • 1090 41 aaStPff PACIFIC INTERNATIONAL LINES (PTE) LTD V Sflv 140 Cec street #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: *****6 70Q0QL IjAKAStA I [BANSKOK 1 sr...™ r si s KOTA RAKYAT m «GABUB 786N H/l 34/1 2/3 EQUATOR MAS 1 *ETR DUTOV 06N 23/2 27/J 1/3 BUNQATCRATAI 2? KOTA
      1,090 words
    • 1169 41 EacßenW Ist1 st class combiner transport FEEOER VESSEL PENANG P KELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) ANSON/TBN 21/2 22/2 SELANDIA 2072 25/2 13A3 15/3 16/3 16/3 ANSON/TBN 28/2 28/2 BENALDER 2082 3/3 20/3 22/3 23/3 25/3 ANSON/TBN 6/3 7/3 TOYAMA 2092 10/3 27/3 29/3
      1,169 words
    • 454 41 MYANMA pMk FIVE STAR UNE 1 (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf MYOMA YW A Vl4o* 3/ 5 Mar 28/2 Mar »VA *114* 7/ f Mar IW HII V ***** 12/15 M» PAGAN vi tow 19/21 Mar (A oonric* of Andrew Worshipping) \i SEMI>COMTAINER SERVICE
      454 words

  • Page 42 Advertisements
    • 528 42 |STR*ITSn!p*!^TMI^E^CT I SPECIALIST IN RO-RO HEAVY LIFTS I I 111 BOUND VESSELS I I asm mmit N ik u 1 IcMKnuaci en I I I I nUMMNM nn M/l I I OUTBOUND VESSELS I I LOADWC FOR NAC/TOK/SEN I I COSMIC PIONEER Vlt I I ETA SP IN PT PK
      528 words
    • 70 42 _^GULAR^vewttonalse^^^ F"0«m mm art"* K, J i S pore Loading for I PAN RISE* 29/2 Dubai/Bahrain/Dammam/Kuwait I I PUMA 10/3 Aden/Hodeidah/leddah I I USE 15/3 Hodeidah/jeddah/Aqaba/Port Said I [S'pofe Loading TANA VIS Los Angeles/New Orleans/ I Char leston Nor folk Camden I PAW MAMNER Los Angeles/New Orleans/ I Charleston/Norfolk/Camden M
      70 words
    • 135 42 Sfessffm /SHENZHIN SHIPPING ein J e 'l 227 4788 Fax: *****83 china\ WE u£ Y ST" £SSSL\ CONSOLIDATION "CXlf Koni China Ports Include: BEIJING CHANGCHUN CHANGSHA \j\ 1 J\ CHENGDU CHONGQING FUZHOU GUIUN HARBIN KUMMING XIAN \rV NANNING QUANZHOU SHEKOU mhhbmhv >/ trO SHENYANG SHENZHEN WUHAN XJ XIAMEN•ZHENGZHOU t\k ALL
      135 words

  • Page 43 Advertisements
    • 1269 43 ■f MS NEDLLOYP GIVES YOU MEDITERRANEAN EXPRESS FEEDER VESSEL PKG PEN OCEAN KSSEL SM LEH(3) RTM(I) HAM(2) WV FIX SOU GOT VESSEL lit Pli fen *Bkk S« STma FS(k) Tmanl LrttMtanffl) Dimdto(B) N«iw MMm(C) Tawam B. Serop/829 W Bhum/557 15/2 13/2 leda Maersk/9204 In Pt ANR 8/3 10/3 12/3 11/3
      1,269 words

  • Page 44 Advertisements
    • 777 44 TO AUSTRALIA/NEW ZEALAND [si Ifrwi IkWk |Sr4 lAudi |Wf If CHALM MARTHA I2U 171 I7T~ 13/3 14/3 22/3 MTI mw nudk a 7" i»/j n/3 3075 2/4 575 Ti/i mussel ?u 10/4 i;/« 21/4 a 7* i/s~ Til c kmimi ?n n/4 175 575 T575 5575 1575 TO USA/CANAOA WL
      777 words
    • 478 44 TSKLINE Direct Call to MANILA every Friday to serve you better (Also accepting FCL to Bangkok/China/Osaka/Moji/ Hakata/Hiroshima/Shibushi/Naha/Sendai/Yokohama Direct) MALAYBIA AGENT NYK Aganda* (M) Sdn Bhd INDONESIA AGENT Samudara Indonatia KL T»l: *****66 Fax: 03-*****60 Tal: *****12/3 PKL T«fc *****15 Fax: 03-*****70 Fax: 004-6231-*****9 PNG Tal: *****6 Fax: 04-*****6 Tlx: *****
      478 words
    • 199 44 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD eta eta eta 90K HMT la/MG PENAN6 KKIW In Port Lo*hn( for Male ■MM HUDHU 11/2 loading tor Calcutta DOPMN 20/2 23/2 load** For Male rem stfmc »/2 load<n| For MM OONAKULM 10/3 loaded For Fekwaru PROSKSS LMTY 27/2 29/2 25/2
      199 words
    • 1678 44 r tea +81 if i 1 1? CHINA OCEAN SHIPPING COMPANY FULL CONTAINER UNER SERVICE MMAYSU-S AGENTS SINGAPORE'S GENERAL AGENTS MXMSM'S AGENTS: CHUNG CHIAO SHIPPING SON BHD COSTAR SHIPPING PTF ITO P-T. GLOBAL PUTRA KL TEL: *****01/87 FAI *****92. ***** m r,C L,U INDONESIA MARITIME P. KLANG TEL 36U106 ITU
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  • Page 45 Advertisements
    • 657 45 I JS FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 j: HOT LINE *****33 24 LINES LIMASSOL/PIREAUS 23/2 ROTTERDAM 23/2 HAIFA/ASHOOD/ALEXANDRIA 23/2 HAMBURG/BREMEN 23/2 r MARSEILLE/FRANCE 23/2 FELIXSTOWE/UK 23/2 BARCELONA/SPAIN 23/2 LEHAVRE/ANTWERP 23/2 j: GENOA/ITALY 23/2 GOTHENBURG/SCANDINAVIA 23/2 PHMHHHHlllHilHiilHlliHHHlllliHHilliillillHßiii^HHl LOS ANGELES/WC/IPI 23/2 SYDNEY/MELBOURNE 20/2 NEW YORK/EC 23/2
      657 words
    • 988 45 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Llhm) KFAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 Un*o) \\W\ ETHIOPIAN SNIPPING UNES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOADING FOR SPORE ABVOT 26we 30/03 OARESSALAAM. MOMBASA OJtBOUTI ASSAB MASSAWA ABBAV WO HZ 32W8 25/04
      988 words
    • 493 45 JAKARTA BANQKOK warn <m m |m I —a■ I < Km BWM 21$ ta_Pt 22 0? MAHA BHUM# INd 11/02 fat 22/02 W* HI? 22/02 25 0? JAWJ BHUM## 10H fri 21/02 Mi 24/92 BEHJA BHUM 22S 27/02 20/02 THAHA BHUM QUI Sat 22/02 Tm 25/02 AM BHUM 132S 21/02
      493 words
    • 315 45 iwR-une VBL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SM MAA SM TIGER SPEED 192N 24-25/02 01-03/03 09-10/03 TIGER SHARK 09N 27-20/02 05-07/03 13-14/03 TIGER BADGE 193N 02-03/03 00-10/03 10-17/03 VBL VOY SMGAPORE/C ALCUTT A/SMGAPORE VESSEL VOY SM CM. SM LHOTSE 417 20-21/02 27-02/03 00-09/03 TtGE* RIVER 145CN8 27-20/02 05-09/03 15-10/03
      315 words

  • Page 46 Advertisements
    • 1762 46 MAC-NELS STORE IMPORT: *****11 IPENANG: (04) *****6 SIBU: (084) *****9 KK: (068 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 COLOIittIBQ'SIIAFRICAjiI PEN PK SIN SIN 23/2 24/2 25/2 Ldn/FI«/Rdm/Ant oS/o llil 23/2 24/2 25/2 G burf/C ha f en/S holm/Oslo Durban/Pt Lout>
      1,762 words
    • 1076 46 II THONG SOON LIMES PTE. LTD. 1 n ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 < TEL: *****88 FAX NO: *****11, *****22 A TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO V I CONVENTIONAL/CONTAINER I COMTMMm MBVICM j SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA > JOY
      1,076 words

  • Page 47 Advertisements
    • 818 47 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM CALIAO, MATARAfM, 10* t OTHER PERUVIAN PORTS* WTOU/S AT KOBE ON CPV THROUGH BILL OF LADMG. VEV"EVERETT ORIENT LINE" JS5?r JWAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM KOBE. YOKOHAMA, NAGOYA, MOA. TOKYO*, MANILA*, DAVAO*. fwnj* P. Ketong tagaport
      818 words
    • 488 47 CZ3Z I lIIHsBlll N.AMERICA/CARRIBEAN SERVICES *s« hot hw fcomoa Ivor S hsi |w hire fcci JM HMQHMM m 1/3 m CUWX 5t 3/4 17/4 11/4 it/4 n/4 at UIIMtMA 7V. 1/2 m LMMND 15£ 21/3 t/4 18/4 12/4 14/4 JHJUI HI 15/3 rn n«UA u/t 21/4 Z4.4 a/4 a/4 m
      488 words
    • 447 47 MULTI-MODE SHIPPING PTE LID MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI OAMMAN SHARJAH DOHA. MUSCAT. BAHRAIN. ABU DHABI BANOAR ABBAS ICOOAH FAR EAST ACCEPTING FCL/LCL PENANG. P/KELANG. JAKARTA. BANGKOK. HONG KONG. TAIWAN JAPAN. MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONOON. FELIXSTOWE. LEEDS. TILBURY. ABERDEEN. IE HARVE HAMBURG. ROTTERDAM, ANTWEP GOTHENBURG. COPENHAGEN I ALL
      447 words
    • 539 47 ASEAN/CHINA SERVICES WSSEI SGP f* PN6 P GUDANG KTN FOR Q SHAH 22/92 HUANGPU < SHAKO 03/03 OMJAN/QMGBAO MADRAS/COLOMBO/BOMBAYKAAACHI SERVICES SGP PR PNG YAMGOON KTN FOR TMC 20/02 K AAA CM/COL 01 T. YANG 20/03 COLOMBO SINGAPOREAAADRAS/SINGAPORE FCU.CL SERVICE! SGP MDS TON 1213/02 10-21/02 TON 13-14/02 20-21/02 TON 10-10/02 24-20/02
      539 words
    • 454 47 Si FAI EAST 23/2 KEELUNG/KAOHSIUNG 22/2 BANGKOK 22/2 MANILA/CEBU mm 23/2 JAKARTA/BELAWAN/SURABAYA 22/2 PORT KELANG/PENANG/E. Malaysia 24/2 BUSAN 24/2 TOKYO/YOKO/KOBE/NGO/OSA 23/2 HONG KONG SIM MB 23/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIM EIItOPE/UK 23/2 LDN/FLX/LVP/SOU 23/2 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 23/2
      454 words

  • Page 48 Advertisements
    • 632 48 jST FIL CONTAINER SERVICES PTE LTD MADRAS CALCUTTA V»L BIM/MADBAB VBL SIN/CALCUTTA SK MAA SM SM CM. SM NOT MULUBLI SJM 23 25/02 02 03/03 KIT IKUUIE 20-21/02 2C-29/02 0 7 01/03 24-25/02 01 03/03 09-10/03 K-J7/02 03-07/03 13-14/03 02 03/03 00-10/03 10-17/03 29-01/03 07-11/03 17-11/03 JAKARTA DUBAI HONGKONG VOL
      632 words
    • 429 48 Bonterm! CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— FREMANTLE 26TH FEB 92 AUCKLAND 5 Mar BANGKOK 22 Feb EUROPE 23 Feb GOTHENBURG 23 Feb PENANG 24 Feb PORT KELANG 21 Feb JAKARTA 25 Feb MELBOURNE 21 Feb SYDNEY 21 Feb ©235 0633 (KATHLEEN/ NICHOLAS/ MARILYN)
      429 words
    • 478 48 I This Week's Sailings To- I ETD I I 7~ I ETD I :i Singapore Singapore Bangkok 23/2/92 23/2/92 Port Kelang 21/2/92 nam W- Port Louis 05/3/92 of Singapore 778 6522 779 2738 Esther Yap ill Ufl# Johore 07-*****8 07-*****3 Alfred Ng ISt-FA) JWf Jakarta 021-*****40 021-*****01 Troy Hsu T&AAtrZ/A/AT
      478 words
    • 409 48 wanmiNHHl MANILA ETA VIGOUR SINGAPORE 2QNB 22/2 VIGOUR PACIFC 57N8 29/2 BANGKOK 23/2 1/3 BUSAN 24/2 2/3 HONGKONG 23/2 29/2 OURBAN/PT LOUIS 5/3 16/3 KEELUNG 23/2 1/3 USA 21/2 2/3 PT KELANG 21/2 25/2 KOBE 24/2 2/3 PIRAEUS 22/2 3/3 OSAKA 26/2 4/3 JAKARTA 21/2 25/2 DUBAI 19/2 29/2 fcdgl
      409 words

  • Page 49 Advertisements
    • 244 49 Oc vOc vQc vOc vQc vQc vQc :V VAN OMMEREN CETECO GROUP U 3* TRANSPORT DIVISION > •2 VOTAINER CONSOLIDATION SERVICES: U i THE ONLY NETWORK \J Weekly FCWCL Services I J IV USA EUROPE FAR EAST V Mfmon: Votainer Consolidation Services Hatttorg: Van Ommeren Hamburg tat*.:: VMOmffmnSNooinotSlPteLid. A CNcaoo:
      244 words
    • 12 49 M' Efery *<-' "v Saturday in J> s-.t Business < j.,,.: ->v •< T" <•■ ft
      12 words
    • 237 49 £ft\ STAGER FREIGHT SERVICES PTE LTD y&/ TEL 273-3838* FAX: 274-1100 PtC 03-*****60 »PEtt 04-*****2* JKT: 21-*****1 •88Y: 31-*****0 SIN LH/PAR RUN/MADRID PORTO ATHENB/PW BTUTTQART VALENCIA LISBON THESSALONIKI ".{I \l'l W3 17/3 18/3 19/3 1/3 19/3 23/3 23/3 24/3 25/3 SIN VCR MTL/TOR SW AUtT A MELB */2 21/3 28/3
      237 words
  • Page 49 Miscellaneous
    • 283 49 TIDES AND WEATHER TODAY'S TIDES (hetg^TTTmetr^*) HOUR *****100 *****900 0400 0500 0(00 0700 MM **********N12M*****4M15M*****7M1M019M 20M 21M 22M 29M JR 2.7 2.7 2.4 1.8 1.3 09 07 08 1.1 1.7 26 3.2 14 3.2 28 2.1 1.3 0.8 04 0.2 03 0.7 1.5 2.3 PP 2.7 11 2.4 19 1.3
      283 words

  • Page 50 Advertisements
    • 1159 50 CHARTPOINT Every Saturday in Business Times A HYUNDAI MERCHANT MARjNE CO. LTD. EASTBOUHD FEEDER TO PACIFIC SOUTH-WEST TO PACWC NORTH-WEST rang wt he wd aw nt hmi wwr mo lw om «a ikhwi w mo tcm/» rn NAN HM 201 MOM 15/02 IC/S2 14/02 H. EXPLORER 46E 21/12 00/03 12/03
      1,159 words
    • 432 50 CHARTPOINT Every Saturday in Business Times LCL FCL Shipping Services i PENANG EVERY TUESDAY PORT KELANG EVERY SATURDAY BANGKOK TWO TIMES A WEEK ]i SIN JKT PKL PEN BKK MNL JOH BSB tel *****11 *****66 *****98 *****8 *****29 *****76 *****1 *****3 fax *****59 *****14 *****88 *****8 *****17 *****79 *****5 *****5
      432 words