The Business Times, 20 February 1992

Total Pages: 48
1 48 The Business Times
  • 16 1 Business Times MITA (P) 35/12/91 Thursday, February 20, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*
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  • NEWS SUMMARY
    • 55 1 WASHINGTON US consumer prices rose a scant 0.1 per cent in January, the government said yesterday, as the US economic slump continued to keep a lid on inflation. A drop in energy prices the first since July and lower food prices helped restrain the
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    • 61 1 BONN Germany yesterday said it would forgive half of Poland's official debt of U555.54 billion (Ss9 billion) in support of Warsaw's economic reforms. The finance ministry said Poland would have to pay back the remaining 50 per cent of the debt within 18
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  • MARKETS SUMMARY
    • 33 1 PRICES on Wall Street opened slightly lower yesterday with the Dow Jones index of leading industrials dipping 2.46 points (0.07 per cent) to 3,222.27 in the first five minutes of trading.
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    • 33 1 BETTER-THAN-EXPECTED January retail sales volumes failed to lift depressed London share prices at mid-session yesterday. At 1245 GMT, the FTSE 100 Index stood at 2,537.4, down 18.5 points from Tuesday's close.
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    • Article, Illustration
      29 1 Wednesday Change BT-MGA 724.23 2.66 Kuala Lumpur ....618.72 +11,05 Tokyo 20,618.30 -253.73 Hongkong 4,725.70 -21.40 Sydney 1,622.3 -4.4 Tuesday Change New York 3.224.73 -21.24 London 1,983.7 +13.1
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    • 22 1 Exchange rate USS SS 1.6430 100 Yen SS 1.2811 MS SS 0.6308 Money nuriut ntes Overnight 2-1/2 -1/2 3-month 3-3/16% -1/16
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    • 35 1 London Cold AM fix US$352.35 -USS 1.15 ?p5eMar... 129.25«/k» +0.50 M'sia Mar.... 207.50«/kg -1.00 KL Tin Turnover 81 tonnes +9 Spot MSl4.33/kg -0.02 Crndo palm oi Turnover 948 lots -59 Apr MS877 /tonne +2
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  • 519 1 Reuter JAKARTA The chief of Jakarta's newly privatised stock exchange plans to make every company re-list under new requirements, which is bound to reduce the number of listed firms. "I want to re-negotiate with all companies listed on the stock exchange
    Reuter  -  519 words
  • 420 1  -  From Maggie Ford in JAKARTA INDONESIA contained the rise in its current account deficit to US$4.5 billion (557.38 billion) in 1991 and recorded non-oil export growth of 18 per cent, up from 6 per cent the previous year, central bank governor Adrianus
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  • 450 1 US presidential Drimaries Reuter MANCHESTER, New Hampshire President George Bush was reeling yesterday from a jolt to his hopes of an easy re-election after New Hampshire rebelled against his economic record and gave right-winger Pat Buchanan a big endorsement. With 95 per cent of
    Reuter  -  450 words
  • 505 1  -  Exchange cites potential conflict of interest By Conrad Raj SINGAPORE A recent Stock Exchange of Singapore directive ordering brokers, retnisiers and dealers' representatives to step down from the boards of listed companies has raised the ire of some members of the
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  • 295 1 SINGAPORE For the second day running, the Malaysian bourse outperformed other markets in the region yesterday. Driven by strong speculation of a cut in the base lending rate, the KLSE Composite Index surged 11.OS points to end at 618.72. This came on the back of a
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  • Page 1 Advertisements
    • 353 1 fßurberrysl "'J 0 I i i j I Reigns when it pours j Lankan sell-off THE Sri Lankan government is selling 75 per cent of the country's National Development Bank to the public, said NDB general manager Ranjit Fernando Page 2 Land tender doses ONE of the biggest government land
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    • 115 1 MBf Finance profits BUOYED by Malaysia's economic boom, MBf Finance Bhd achieved a 107.8 per cent jump in after-tax profit to MS83.5 million (SS52.6 million) for the year ended Dec 31, 1991 Page 4 Flat profits S1NGMARINE Industries Ltd reported flat results of SS22.29 million for 1991 because of lower
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    • 14 1 Focus, Pg 16 17 A bad omen for the status quo Profiles of candidates
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    • 10 1 Mixed views on minority shares in Indon banks, Pg 2
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    • 98 1 'mwinrm Adds an extra 5.7 yards UHCaon pramiar In* from ROYAL SPOKHNG HOUSE PTE LTD IF YOU LIKE FERRARIS, LAMBORGHINIS AND RIVAS, YOU'LL LOVE OUR STYLE. The Poet CoMtcbon by MorianL Le Mercier's brings you the ultimate in Italian Furniture Design. If you appreciate the style of Ferrari, Lamborghini and
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  • PAGE 2 NEWS
    • 344 2  -  By Sylvia Wong SINGAPORE The Sri Lankan government is selling 75 per cent of the country's National Development Bank (NDB) to the public. Five million shares of 10 rupees par value will be offered at 35 rupees per share in April
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    • 276 2 Reuter COLOMBO Sri Lanka's two biggest state banks are losing money because of political interference in deci-sion-making, bad loans to state companies and non-per-forming loans, Prime Minister Dingiri Banda Wijetunga said. "The actual position of the two banks today is insolvency. Their credit-worthi-ness
      Reuter  -  276 words
    • 479 2 AFP JAKARTA Foreign investors are split on how to take advantage of new legislation allowing them to take for the first time minority interests in Indonesian banks. The opening is aimed at re-establishing confidence in Indonesian banks without losing control to foreigners.
      AFP  -  479 words
    • 440 2  -  By Anna Teo SINGAPORE Projected salary increases for Singapore executives this year will be one of the highest anywhere, in both absolute and real terms, according to a survey of 3,500 employers in 17 countries. American actuary firm Hewitt
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    • 396 2 Reuter MANILA Japan may be unable to sustain its high levels of financial assistance to other Asian countries over the coming decade, enhancing the global competition for capital, says an Asian Development Bank (ADB) study. To compensate, the study says the ADB and
      Reuter  -  396 words
    • 179 2 Reuter TAIPEI A Taiwanese steel products company said it will spend at least US$4OO million (***** million) to build a factory in Malaysia ia one of Taiwan's largest investments in that tryOrnatube Enterprise Co Ltd has obtained Malaysian government approval to build
      Reuter  -  179 words
    • 423 2 Reuter SYDNEY Asia holds the key to Australia's future economic prosperity but Australian companies remain reluctant to foster closer business links with the region, says a report on Australian business in Asia. "Only a few businesses have demonstrated a singleminded and
      Reuter  -  423 words
    • 590 2 More funds to be directed towards poorer countries AFP PARIS Better-off developing countries will be affected by new rules curbing the use of tied aid credits, or "mixed credits", OECD officials said here on Tuesday. The new rules, implemented at the weekend
      AFP  -  590 words
  • Page 2 Advertisements
    • 44 2 locol University of Reading Department of Construction Management Engineering c Course for MSc degree in Project Management by part-time study For further information please contact: Department of Construction Management Engineering University of Reading Whiteknights, PO Box 219 Reading RG6 2BU ENGLAND Telephone: (0734) *****5
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    • 11 2 Low Keng Huat plans to build its own headquarters, Pg 4
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  • SINGAPORE NEWS
    • 426 3  -  By Lilian Ang ONE of the biggest government land sales, which carries a bottom price of $436 million, is closing today and if the Urban Redevelopment Authority is lucky, it may just get two or three bids. The problem facing the sale is not
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    • 501 3  -  By Salil Tripathi SINGAPORE Airlines, Neptune Orient Lines, Cycle Carriage, Singapore Telecom, the National Productivity Board and the Shangri-La Hotel received awards last night for outstanding management. The awards, instituted by World Executive Digest, the Manila-based Asian Institute of Management and Japan Airlines, are
      501 words
    • 346 3 OFFICE rents fell 11 per cent across the board last year and are likely to ease further in 1992, real estate agents Richard Ellis said in a report released yesterday. The Richard Ellis Office Rental Index, which covers 100 major buildings, dropped 22 points
      SO J.rC(? R S"JrJ £ S RrSS.TCSyd'f?  -  346 words
    • 353 3 IT IS better to have an army of rabbits led by a lion than an army of lions led by a rabbit. S Dhanabalan, Minister for National Development, used the adage to highlight the importance of good management while presenting management awards to
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    • NEWS ROUNDUP
      • 92 3 US CONGRESSMAN William Dickinson of Alabama will represent President George Bush at Asian Aerospace *92 which will begin next Tuesday. Two other members of the US House of Representatives Congressman Solomon Ortiz, a Democrat from Texas, and Ben Blaz, a Republican from Guam will
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      • 59 3 A WORKSHOP called "Safe working in manholes and confined spaces in the construction industry" will be held today at the Plaza Hotel. Aimed at providing a platform for the exchange of views and experiences on safety provisions, it is jointly organised by the Ministry of Labour, the Housing
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      • 53 3 SCOTTS Weitnauer Retailing and Changi International Airport Services (CIAS) will sign an agreement tomorrow for a joint venture company which will manage the dutyfree shops at the World Trade Centre's Singapore Cruise Centre and Finger Pier. The name of the joint venture company is Travellers Duty
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    • 262 3 THE National Trades Union Congress (NTUC) is thinking about running a hospital for its members, according to the latest issue of NTUC News. The publication said that NTUC secretary-general Ong Teng Cheong had made it clear that if and when a hospital was run
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  • Page 3 Advertisements
    • 45 3 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times. The Royal Oak Jr J iISp «1381 fltuft 3l»Vf V Tmmlm One of the great designs of the 20th nT century. And iIDEMARS PIGUET probably the next. jfibe master watchmakers.
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    • 201 3 By arrangement with Harvey Goldsmith ft HOTEL PROPERTIES LIMITED PRESENTS An Evening With Sir PETER USTINOV §*|gwr gr I®^ 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
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 72 4 SINGAPORE Pacific Carriers Limited yesterday announced that it has acquired Avidvale Limited, a UK company with an authorised capital of £1,000 (552,870) and a paid-up capital of £2. Avidvale will help PCL establish a presence in London to provide support services to the company's shipping
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      • 100 4 SINGAPORE Singapore Electronic Engineering Limited (SEEL), a member of the Singapore Technologies Industrial Corporation group, has become the first local electronic servicing company to achieve ISO 9001 quality system standard. The certification by the Singapore Institute of Standards and Industrial Research covers the design of
        100 words
      • 40 4 SINGAPORE London-based Govett Oriental Investment Trust yesterday announced that it has bought a further 10,(XX) shares in Sunshine Allied Investment Limited, raising its stake in the company to 18.7 per cent of issued share capital.
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      • 89 4 SINGAPORE The Stock Exchange of Singapore yesterday queried First Capital Corporation on the proposed sale of its 60 per cent stake in Mimax Ribbons to MWE Holdings. The exchange has asked for the factors taken into account in arriving at the sale price of M 57.25
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    • 490 4  -  Regional expansion expected to boost earnings this year From Leslie Lopez in KUALA LUMPUR MBf FINANCE Bhd, Malaysia's largest finance company, posted a group after-tax profit of M 583.5 million (5552.6 million) for calendar year 1991, up 107.8 per cent from the previous
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    • 370 4  -  By Lee Han Shih SINGAPORE Development Commercial (D&C) Bank Bhd yesterday announced a 54 per cent increase in group after-tax earnings to M 556.8 million (5535.8 million) for 1991 and said it expects better performance in the current year. Figures released
      370 words
    • 375 4  -  By Sylvia Wong SINGAPORE Local construction firm Low Keng Huat (Singapore) Ltd (LKHS), which is in the midst of a public share offer, plans to build its owji corporate headquarters in five years' time. Low Keng Boon, the managing director of
      375 words
    • 406 4  -  By Dexter Lee SINGAPORE Singmarine Industries Ltd posted flat results for 1991, with group net earnings barely changed at $22.29 million, compared with $22.05 million a year earlier, because of lower interest income. Its results, however, are in line with the group's forecast
      406 words
    • 525 4 HONGKONG Lee Ming Tee's Allied Group has been forced to make an improved offer to shareholders in a bid to win their acceptance of his group meiger proposals, the South China Morning Post reported on Tuesday. The initiative follows perceived negative market reactions
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    • 224 4 HONGKONG Hwa Kay Thai Holdings Ltd, Stelux Holdings Ltd and Yee Hing Co were expected late yesterday to make an announcement on the rationalisation of their interests in Tanayong Co and Bangkok Land Ltd. Sister companies Hwa Kay Thai and Stelux, which are listed on
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    • 449 5 Reuter TOKYO Sony Corp yesterday forecast that flagging domestic demand for its mainstay consumer electronics would force its first operating loss for a full fiscal year, with a loss of 20 billion yen (***** million) for the year to March 31. Sony
      Reuter  -  449 words
    • 291 5 Agencies TOKYO Japan's Honda Motor Co Ltd said yesterday that its net consolidated profit plunged 36 per cent from a year earlier to 10.7 billion yen (S$ 137 million) in the December quarter. The drop reflected the strengthened yen and increased selling, general and administrative expenses
      Agencies  -  291 words
    • 274 5 Reuter NEW YORK International Business Machines Corp refreshed its entire line of minicomputers on Tuesday, announcing 13 new models in its second major upgrade of the line in less than a year. The most powerful of the new E series of mid-range AS/400 computers
      Reuter  -  274 words
    • COMPANY BRIEFS
      • 97 5 CUPERTINO, California Apple Computer Inc is enjoying success in one of the world's toughest markets Japan and company officials say they hope to nearly double market share there to 10 per cent by mid-decade. And while Apple officials and industry observers say Apple
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      • 65 5 AUCKLAND Brewer Lion Nathan Ltd says it is "totally confident" its call option on 50 per cent of National Brewing Holdings Ltd will not be affected by the takeover announced earlier for the holder of that 50 per cent. Brierley Investments Ltd and its unit, GPG
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      • 71 5 TOKYO The languishing stock market has kept the Finance Ministry from realising its plan to sell 500,000 shares in Nippon Telegraph and Telephone Corp in the 1991/92 fiscal year, but the ministry has not abandoned the idea of making the sale by March 31.
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      • 55 5 LAKE BUENA VISTA, Florida Entertainment giant Walt Disney Co, whose stock has surged to record levels this year, says its board of directors has voted for a four-for-one stock split. The plan, announced at Disney's annual general meeting on Tuesday, was greeted with loud cheers
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    • 379 5 Reuter ATLANTA Media giant Turner Broadcasting Systems Inc, which recently bought the rights to Yogi Bear, the Flintstones and other HannaBarbera characters, said on Tuesday that it plans to launch a 24-hour cartoon network this year. The Cartoon Network, to be launched on Oct 1,
      Reuter  -  379 words
  • Page 4 Advertisements
    • 161 4 :V i -v?V' H >• ''jL 1 V 1 ——nan .1- X BW !S?K-fe I SIN SOON HUAT PTE. LTD. I is pleased to announce that we are I the sole agent and the major stockist I for the full range of HatterSley Heaton I valves in Singapore, Malaysia, I
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  • Page 5 Advertisements
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 64 6 MANILA The second phase of the Philippine National Bank (PNB) privatisation programme may be put off due to poor market conditions and uncertainty over the results of the May elections, an official said yesterday. A 21 per cent block of the 80 million
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      • 86 6 BOMBAY The Reserve Bank of India has warned commercial banks against charging high rates. Bank governor S Venkitaramanan said on Tuesday that banks were found charging "usurious rates" of up to 30 per cent after they were allowed flexibility to fix interest rates. He said banks
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      • 47 6 HONGKONG China's Guangdong province will expand its experimental shareholding system and its capital, Guangzhou, will allow at least 10 firms to issue stocks to the public in another step towards setting up a stock market, the Beijingfunded Wen Wei Po newspaper reported yesterday.
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      • 89 6 TOKYO Sumitomo Cement Co Ltd said on Tuesday that it will publicly issue US$l5O million Euro bonds with equity warrants priced at par and maturing on March 5, 1996. Nomura International pic will act as lead manager. Payment is due on March 5, 1992, while the
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      • 100 6 LONDON British merchant bank Samuel Montagu and Co has been awarded a contract to advise in the privatisation of two Romanian state-owned companies. The companies are the Romanian state brewing concern Ursus SA and the state travel agency Ont Carpati SA. The contract will be funded
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    • 306 6 FT LONDON Three insurance groups, Royal Insurance of the UK, Aachener und Munchener (AMB) of Germany and Fondiaria of Italy, have agreed on a three-way joint venture to attack the European insurance market outside their home countries. European Partners for Insurance Co-operation (Epic),
      FT  -  306 words
    • 666 6 The BCCI Collapse Rescue bid ends when Abu Dhabi support does not materialise HONGKONG A sevenmonth battle to save the Hongkong arm of the Bank of Credit and Commerce International (BCCI) collapsed yesterday after key Abu Dhabi support failed to materialise, the government
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    • 334 6 Reuter LONDON Leaders of Britain's financial community have called for a permanent panel to keep financial institutions from straying into legal grey areas, saying such a body would help London remain Europe's top financial centre. The call on Tuesday came from
      Reuter  -  334 words
    • 271 6 AFP SYDNEY Australia's Commonwealth Bank, partly privatised by the government last year, posted an interim profit of A 5225.1 million (*****.87 million) yesterday. The result compares with a net profit of A 5532.1 million in the previous corresponding period, although that result was boosted
      AFP  -  271 words
    • 370 6  -  By Koo Cho Teng SINGAPORE Thailand's Multi-Credit Coiporation, a finance and investment house, has plans to set up five more securities branches in its home country this year as part of its expansion programme, says president Ted Heyermann. Multi-Credit, which was
      370 words
    • 363 6 Reuter WASHINGTON In a move that should help stimulate bank lending and give the economy a boost, the Federal Reserve Board on Tuesday cut the size of reserves that banks must hold in their vaults. The action means that banks must
      Reuter  -  363 words
    • 468 6 Lower reserve requirements seen as modest measure Reuter NEW YORK The US Federal Reserve's move to lower reserve requirements for banks signals that regulators recognise the banking industry's persistent woes, but it probably will not release a floodgate of lending. "This is a modest
      Reuter  -  468 words
  • Page 6 Advertisements
    • 145 6 OVERSEAS COLLEGE SINGAPORE A Canadian education is now available in Singapore at Canadian Overseas College. The School, which is fully accredited by the Ministry of Education in Ontario, Canada and registered with the Ministry of Education in Singapore, offers tuition to secondary school students from Grade 9 to the Grade
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    • 145 6 1 hour Sevilla 2,1/2 hours, Granada4hours. Near Gaucin, 123 acre (50 Ha), Country Estate in mountains North of Gibraltar and Sotogrande comprising Cortijo 8000 sq. feet in final of construction, 2 recep, covered terraces, 5 bed/en suite bathrooms, billiard room, Kit, dry/ cold/ wine storage rooms, staff quarters, set in
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  • Page 7 Advertisements
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  • THE REGION
    • NOTE BOOK
      • 81 8 BANGKOK Thailand and Laos signed here yesterday a friendship and cooperation treaty under which the two Southeast Asian neighbours pledged to solve any dispute between them by peaceful means. The treaty was described by Thai Prime Minister Anand Panyarachun as a "landmark agreement" in relations
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      • 60 8 MANILA The Philippines is ready to take Westinghouse Electric Company to court on bribery charges over a nuclear power station built near a geological fault line and next to a volcano west of Manila, officials said yesterday. The bribery charges, filed in an American court in
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      • 64 8 JAKARTA Indonesian President Suharto yesterday said environmental concerns should minimise the negative impact of industry on the environment but at the same time should not hinder the progress of development. Mr Suharto was speaking at a ceremony in Sangatta, East Kalimantan, to simultaneously inaugurate six
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      • 85 8 BANGKOK Myanmar guerillas fighting Yangon's central government yesterday called for urgent international aid following "the ever increasing population" in their headquarters on Myanmar's border with Thailand. Refugees have been constantly streaming into Manerplaw, a settlement on the west bank of the Moei river which marks
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      • 55 8 HANOI Vietnam has rejected a Khmer Rouge claim that international aid given to Cambodia was falling into the hands of Vietnamese troops still stationed there. "Vietnam News Agency is authorised to reject these allegations and reaffirm that all Vietnamese army volunteers have withdrawn from Cambodia since
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    • 334 8 Reuter JAKARTA A shortage of management talent and an excess of bureaucracy are the biggest hurdles to doing business in Indonesia, a local American Chamber of Commerce (Amcham) survey said. The survey of 131 members said these shortcomings were significantly
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    • 394 8 HONGKONG The Hongkong government expects to get nearly HKSI7 billion (SS2OO million) in land revenue in the current financial year, an unexpected windfall, almost double the original forecast of HK$9 billion, the South China Morning Post reported on Tuesday. The
      394 words
    • 250 8 PNA MANILA The majority of Asean member countries have opposed the establishment of a regional Oil Spill Response (Ospar) centre which they said would conflict with an existing Oil Spill Regional Action Plan (Osrap) agreement. The opposition set back plans to set up
      PNA  -  250 words
    • 579 8 Moves towards arrangement said to be irreversible BANGKOK A senior Cabinet member has dismissed speculation that the increasingly unpopular Asean free trade arrangement would be discarded when the Anand administration steps down next month, a Bangkok-based daily reported on Tuesday. Commerce Minister Amaret
      579 words
    • 288 8 Reuter NEW YORK Philippine central bank governor Jose Cuisia has met commercial bank lendors to rekindle negotiations on a US$5.3 billion (SSB.6 billion) slice of the country's foreign debt, said a banker close to the talks on Tuesday. He said that meetings were
      Reuter  -  288 words
    • 400 8 Reuter SEOUL The prime ministers of North and South Korea met in Pyongyang yesterday to put historic non-aggression and non-nu-clear pacts into effect but suspicions over the North's nuclear intentions still abound. In a live televised ceremony the first ever transmitted
      Reuter  -  400 words
  • Page 8 Advertisements
    • 471 8 i I S I Singmarine Croup Singmarine Industries limited (Incorporated in the Republic of Singapore) The Directors of Singmarine Industries Limited advise the following audited results of the Company and the Group for the year ended 31 December 1991: COMPANY GROUP 1991 1990 1991 1990 $'000 000 $'000 $'000 V
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  • THE WORLD
    • 481 9 Fund forecasts US expansion at about 3pc Reuter WASHINGTON The International Monetary Fund expects world economic growth to pick up this year, but not by much. IMF research director Michael Mussa said on Tuesday that the world economy was likely to
      Reuter  -  481 words
    • 504 9 Economic stagnation behind first deficit in a decade NYT BONN Germany's reunification boom fizzled into economic stagnation last year, sending the country's current-account balance into deficit for the first time in a decade and erasing more than 80 per cent of the surplus in merchandise
      NYT  -  504 words
    • 377 9 The Economist LONDON Economic commentators are falling over themselves in their haste to pronounce their national economies dead. America's current economic recession is being billed as the "mother of all recessions": the economy, it is claimed, is mired in its longest recession since World War
      The Economist; Source: The Economist  -  377 words
    • 92 9 Reuter UNITED NATIONS The United Nations on Tuesday convened preparatory talks for a treaty on stabilising the amount of carbon dioxide spewed into the atmosphere, with the main focus on whether the US would agree to mandatory controls. The US is the last major Western industrialised
      Reuter  -  92 words
    • WORLD WATCH
      • 101 9 WASHINGTON The US housing market is improving even though unsold homes abound and the commercial realestate market is unchanged at best, a government survey said on Tuesday. A quarterly survey by the Federal Deposit Insurance Corp turned up a positive assessment on the composite
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      • 124 9 LONDON Britain's public finances moved into surplus last month after the unexpected deficit of the previous month but economists continue to forecast a bleak outlook for this key indicator over the coming years. "The UK's borrowing requirement is on a slippery slope and there
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      • 77 9 WASHINGTON The net income of 615 major American corporations plunged 34 per cent in the fourth quarter of last year from the same period the year before, according to a study published on Tuesday in The Wall Street Journal. The three-month study showed that car
        77 words
      • 123 9 PRAGUE In the week before the anniversary of the 1948 communist takeover, Czechoslovaks took another step on the road to capitalism with the launch of a scheme to let small savers get a share of privatised businesses. When post offices opened for business, people all over
        123 words
      • 114 9 CAIRO The minister in charge of reforming Egypt's vast, inefficient public sector has defended the government against charges of delay and says a list of 25 companies to privatise has just been agreed with the World Bank. Atef Obeid, Minister for Cabinet Affairs and Administrative
        114 words
  • Page 9 Advertisements
    • 89 9 WE'RE GIVING AWAYA FORTUNE TO I ANYONE WHO GOES TOPLESS THIS MONTH. I As you might guess, the COE price on the stunning open-top MX-5 Miata is no small amount, in fact it runs well into five figures. But right now we're giving I I away the COE completely free,
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  • 496 10 EDITORIAL ISRAELI military authorities who sanctioned the assassination of the Lebanese Shi'ite leader Sheikh Abbas Musawi may justify the outrage by quoting the edict seeking an eye for an eye. Israel has refused to turn the other cheek. Its strong action will reinforce the ,view
    496 words
  • WHAT THE OTHERS SAY
    • 284 10 HOW attitudes have changed towards United Nations peacekeeping. In the past, any talk of an expanded role for UN peacekeeping as is now being contemplated would have been laughed off by international relations experts. The obstacles? A lack of consensus on the political direction and control of such
      284 words
    • 99 10 THE handicapped have found themselves useful in securing jobs specially tailored for them. Apart from earning their own keep, such jobs give them a sense of self-reliance. This is important for their psychological development. Certainly in this respect, more can be done by Singaporeans in general to help
      99 words
    • 118 10 THE economic recession has almost become the sole concern of this year's American presidential election. There is no doubt that President George Bush will not be able to revive the US economy. However, neither can his challengers in the Republican Party nor his rivals in the Democratic Party
      118 words
  • REGIONAL VIEWPOINTS
    • 176 10 THE West is guilty of treating the issues of the poor nations' development in a parochial, self-serving manner. This is clearly reflected in their contemptuous manner of accusing the Third World's development programme as a bid for quick bucks at the expense of the environment. The preaching
      176 words
    • 173 10 IN its recent report on Trade and Environment, the secretariat of the General Agreement on Tariffs and Trade (Gatt) adopted a stand that rather closely resembles that of developing countries'. Gatt, for instance, accepts as a fact that 80 per cent of the greenhouse gas emissions resulting
      173 words
    • 166 10 EVERY year, hundreds of thousands of impoverished peasants, factory hands and those with dreams of a better life flock to Guangdong in search of work. Over the past week, an estimated half a million or about 100,000 a day have converged on the coastal province,
      166 words
  • 1443 10  -  Akio Morita, the chairman of Sony, shares with Charles Leadbeater his concern about US-Japan trade friction and his outlook for the consumer electronics industry Charles Leadbeater FT MR AKIO Morita, the chairman of Sony, stood on the trading floor of a Wall Street stockbroking company,
    FT  -  1,443 words
  • Page 10 Advertisements
    • 136 10 K^!Am^am^lM m m t K If 4 Scalpel...scissors...sutures.- Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on p, a/v^lK a K., oi vour monov fc<ss6nti3l iniot Hkßtlon 3ccpssiDl6 6vpry business (uy
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  • Page 10 Miscellaneous
    • 90 10 DOONESBURY by garry trudeau Y WELL, TEC, THE CONVENTIONAL THERE'S A STRONG SENS£ HERE ROLAND, AS VOU WISDOM HASN'T COME POWN TO THAT THREE OF THE CANPItXtTES I look at yesrmxrs breakfast yet, but certainpy pip betterthan expected,one RESULTS, WHAT CAN SOME OF THE CAMPAI6NS HAVE MET EXPECTATIONS, ANP THREE
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  • ANALYSIS
    • 804 11  -  A recent Gatt report hopes to help countries solve trade disputes complicated by the environmental issue. Peter Passell reports Peter Passell NYT SHOULD the European Community have the right to bar meat from America because it contains traces of hormones that it finds scary,
      NYT  -  804 words
    • 1033 11  -  It's boom time for Malaysia's retail sector and even though shopping centres are sprouting like mushrooms after the rain, demand for shop space is still greater than supply. Sylvia Wong reports from Kuala Lumpur Sylvia Wong WHILE most Singapore retailers face an uphill task battling
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    • 448 11 THE BOOMING retail scene in KL has not been lost on Singaporean retailers. Local names like Chomel, Flyers, Trend, Toscano and The Hour Glass can be found at Lot 10, an upmarket shopping complex in the heart of the shopping belt. Even food stalls such as
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  • Page 11 Advertisements
    • 59 11 RTY To bring our service nearer to you, we are proud to be the first property agency to install the toll-free facility! Call us today to find out how you can receive a FREE listing of available office premises for lease! You will be pleasantly surprised! The Office Space People.
      59 words

  • Page 12 Advertisements
    • 775 12 pa Noll ling Beats A Bud. Hiliii'fl where to wine, dine OF SCOTTS Retreat into a world of classical charm Create traditions. Indulge in English tea or evening cocktails. Enjoy the repertoire of our string quartet or solo pianist. Experience Hyatt Regency Singapore's new Scotts Lounge. 11 Hyatt Regency Singapore
      775 words
    • 316 12 Local Tea Time delights at Chatterbox every Friday, Saturday and Sunday. 3 pm to 5.30 pm. $14.50+ per person $8.50++ per child (below 10 yn) Mezzarw* Sumptuous Continental Afternoon Tea spread at Mezzanine Lounge. Daily. 3 pm to 6 pm. $16.00+ per person $10.00+ per child (below 10 yrs) 333
      316 words
  • Page 12 Miscellaneous
    • 699 12 TELEVISION AND RADIO -Murder he wrote memmzh X▼A U1 vlvl llv TT AKS Iv 7.30 AM CNH International (L). See Our Choice). 6.00 l« BBC. 88.9 mfe Hi VHF Band H !U 10.30 TJwrtn Fm«w« S»*tal 0.30 Majlis Mcnglufaz Al-Quran. 7.05 am, 5.05pm, 1.05 am: World WKMSMSMM ■flBSfeV > ZSS"
      699 words

  • LIFESTYLE
    • 1051 13  -  Frank J Prial looks at two reports recently released in the US. Both studies paint the average American wine drinker in a light rosier than a claret Frank J Prial NYT DROP into any popular restaurant at lunchtime. The kind of place where you would expect people
      NYT  -  1,051 words
    • 464 13  -  The fall of Maxwell's empire reads like a best-selling novel. And the saga continues as the uncertain fate of Mac Donald and Co has famous authors in the grip of anxiety, reports Anne Senior Anne Senior Reuter FOR best-selling authors like Stephen King and Catherine Cookson, the
      Reuter  -  464 words
    • 463 13 chatterbqxT WHEN Andrew Winiarczyk's passion for books about political intrigue and the Kennedys began to overflow his three-storey house, he hung a sign out front and turned his home into a bookstore. But when Oliver Stone's film JFK aroused decades-old questions about a
      463 words
  • Page 13 Advertisements
    • 156 13 AND ENTERTAIN /^T^\ High Tea Classics Danish pastries. Fresh cakes. Savoury Dian Xin. Mee Siam. Samosas. Quiche Lorrain. Spring Rolls. Fresh Fruits. Cookies. Every Saturday. 3 to 5 pm. $12.50++ per person. A Fashionshow at 4 pm. ANA HOTEL SINGAPORE ror reservations, i 6 N«s*m sng«eo»# 1025 please call 732-1222
      156 words
    • 261 13 V W Traditional Cantonese Cuisine H 1 BEST HONG KONG Dian xin in town N\Vy China China Restaurant 1 Marina Bay Golf* Country Club A 2 6 Marina Green Singapore oioi. For Reservations Please Call *****11. I NTON ji Where else would you make ait executive decision? For an important
      261 words

  • SPORTS
    • SIDE LINES
      • 75 14 *TOKYO Japan burst into joy yesterday following news ►that its team had won the first Winter Olympics gold medal in *20 years in the Nordic combined team event on Tuesday. •"The. big news of the 'young samurais' threw not only their %families but the entire country into rapture,"
        75 words
      • 68 14 ALBERTVILLE, France The Albertville Winter Olympics may run up losses of US$4O million. Jean-Claude Killy, co-chairman of the organising committee, said yesterday that "in view of overspending at the ski-jumping and bobsleigh sites and for accommodation we envisage we may go over our ,budget by 3, 4
        68 words
      • 95 14 WASHINGTON Gwen Torrence, runner-up in the 100 and 200 metres at last year's World Championships in Tokyo, may try to have Katrin Krabbe's gold medals awarded to her in the wake of the German's suspension for drug test violations. "I will be looking to see what can
        95 words
    • 511 14 Winter Olympics AP ALBERTVILLE, France It wasn't just one "bomb". It was an Italian explosion that echoed across two peaks of the French Alps. And the second partner in the power skiing, Deborah Compagnoni, wasn't buying Alberto "La Bomba" Tomba's suggestion that his shattering
      AP  -  511 words
    • 341 14 AFP SAN DIEGO New Zealand moved into the outright lead in the second round of the America's Cup challenger series on Tuesday with a victory over Japanese rival Nippon by 2 minutes 21 seconds. Italian yacht II Moro di Venezia moved into
      AFP  -  341 words
    • 209 14 AP, Reuter PHILADELPHIA Jim Grabb upset third seed Michael Chang 6-3, 3-6, 6-2 in the second round of the US$l million US Pro Indoor tennis tournament at the Spectrum on Tuesday. Chang, ranked 12th, was dominated by the 1.93-metre, 88th-ranked Grabb throughout the match. Chang
      AP,; Reuter  -  209 words
  • Page 14 Advertisements
    • 252 14 IBMII -i> H M f-S /r<H V A I L. —W A W H A I M V A V M 1 L J I k" i I I 1 WA B I 1 I BH .»™a IfjlTf'l THE NEW CROWN. Introducing the all-improved fliaMln new Crown. The Crown has
      252 words

  • ADVERTISING & MARKETING
    • 622 15  -  Interbrew believes its beers will help quench the middle class' thirst for new products. Shoeb Kagda reports Shoeb Kagda A RAPIDLY expanding middle class with an increasing appetite for new and different products. A middle class flush with cash and nowhere to spend
      Photo by Chris Loh  -  622 words
    • 399 15  -  The cake shop is looking to tap the lucrative housing estate market, reports Claire Leow Claire Leow Bengawan solo, the local cake shop that specialises in nonya kueh. will add two outlets in housing estates this year to tap the large
      399 words
  • Page 15 Advertisements
    • 256 15 B U S I NESS T I M E S ART PWECTORS COPYWRITERS THE ONLY WAY YOU'LL QUALIFY FOR THIS JOB IS TO GET TOTALLY TICKED OFF. Getting ticked off may be just what it takes to clear your head about your career. In this case, youH know immediately if
      256 words
    • 272 15 'IT TOOK ME TEN YEARS TO BUILD MY ADVERTISING CAREER, BUT ONLY ONE NIGHT TO DESTROY IT'. that night was the 16th JULY 198 8, and ironically it was one off the happiest off my life. Unfortunately my one and only appearance at the Montreux Jazz Festival did for my
      272 words

  • FOCUS 1
    • 1044 16  -  US presidential primaries The New Hampshire Republicans have registered their dissatisfaction with US President George Bush. Will Republicans elsewhere feel and do the same? R W Apple Jr reports R W Apple Jr NYT THE REPUBLICANS of New Hampshire made their views clear
      NYT  -  1,044 words
    • 574 16 Reuter PAT BUCHANAN took a big bite out of George Bush's hide in New Hampshire in a vote that proved the US President's political vulnerability and condemned his handling of the recession-bound economy. Computerised projections of voting results by the US television networks said
      Reuter  -  574 words
    • 725 16 NYT FOR a self-described lover of the *****, Patrick J Buchanan's choice of We Will Rock You, the song by the rock group Queen, to herald his entrance at campaign rallies seems a bit odd. But generational differences in musical taste aside, Mr Buchanan's surprising
      NYT  -  725 words
    • 545 17 US presidential primaries: key Democratic candidates Reuter ONLY weeks ago, Paul Tsongas w as considered an insignificant upstart whose impossible dream nnmrn*" 1 8 the Democratic presidential nomination was deemed a joke. frr»m^ I »lT» 0n^a S, S 3 n g Way hal but
      Reuter  -  545 words
    • 563 17 AFP BILL CLINTON launched his bid for the White House from the Arkansas state capital of Little Rock in October by saying that he stood or fell by his past record. That record as the longest-serving governor in the US, allied to an
      AFP  -  563 words
  • Page 16 Advertisements
    • 208 16 PARKWAY HOLDINGS LIMITED 5530,000,000 Unsecured Notes known as. "Guaranteed Floating Rate Notes Due 1993" In accordance with the provisions of the Notes, notice is hereby given that for the period 20 February 1992 to 20 Ma Y 1992 the Notes will carry a rate of interest of 3.9375% per annum
      208 words

  • Page 17 Advertisements
    • 190 17 your cargo as well, IH rn£*** rn^^i -#-^v k*' i _i«w» ?f^p^®\3B THAI CARGO. YOU CAN DEPEND ON US. ab. ,l^:: a £Ze just r r ,o safe,y h died We make sure your cargo gets there in one piece. Bu, nothing beats he oe son'l h f And °"'v
      190 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4187 18  -  By Claire Leow MALAYSIAN STOCKS continued to dominate trading in the Singapore market yesterday, as bargain-hunting boosted share prices and trading volume. The interest in Malaysian counters was a spill-over from the mild rally on the Kuala Lumpur bourse where trading
      4,187 words
    • Article, Illustration
      63 18  -  By Chew Eng Han Comment SUPPORT at the 80-85 cent region proved to be strong once again, and the stock now looks ready to test $1.00. Five-day stochastics are turning up, and weekly and monthly stochastics are also showing buy signals. Expect some mild profit-taking between $1.00-1.05, after
      SOURCE: PONT DATA  -  63 words


  • 3381 20 Oriental Hldgs 670 +35 +5.5% Leader U 520 30 6.1% Gentings 50« 845 +20 +2.4% Uniphone Tel 246 +17 +7.4% M Banking 498 +16 +3.3% NST 372 +12 +3.3% Sime Darby 50* 294 +11 +3.9% PMC 50» 177 +9 +5.4% DAC Bank 50« 136 +8
    3,381 words
  • Page 20 Advertisements

  • KUALA LUMPUR STOCK EXCHANGE
    • 5079 21 Market sentiment continues to be firm Bernama INSTITUTIONAL support for selected quality stocks lifted share prices here to a higher close yesterday in active trading. The KLSE Composite Index at the close rose 11.05 points to 618.72, the Industrial Index 9.49 points higher at
      Bernama  -  5,079 words

  • BT SHARE INFORMATION SERVICE
    • 261 22 Company Data Yaar Group Nat Nat earnings Grots mm to profit/loss (L) par share dividend ('000) (cants) Cerebos Feb 13 Sep 91 $45.623|($38,91l) 148(12.8) 23.6TE(30TE) KL Kepong Feb 13 Sep 91 M$64.883($62 895) 15.3(14 8) 15(15) NST Feb 10 Aug 91 MJ55,298(59,064 30 9(33) 20(20) Aw Pacific Jan
      261 words
    • 147 22 Company Date Year Group pro-tex Not earnings Grots •or to profit/loss (L) per share dividend (000) (cents) UMW Feb 14 Dec 91 M$208,335($198,544) 52 4(50 3) 15(15) Land General Feb 13 Dec 91 M$86.678(S63.197) 22.9(12.9) 15(5) G Securities Feb 12 Dec 91 3.1(2) 10(10) Public Bank Jan 27
      147 words
    • 466 22 Feb 18 Pengkalen Holdings Bhd is embarking on tourism and hotel-related projects in addition to its present ventures, including stockbroking, manufacturing, trading, investment and reinsurance. Feb 17 The Stock Exchange of Singapore has implemented new guidelines for listing-application procedures which aim to hasten the application process and ensure
      466 words
    • 381 22 Company Date Hart-year Group pre-tax Interim ami to profit/loss (L) dividend COOO) Lingui Feb 18 Dec 91 M$4,068($3.388) Cold Store Feb 17 Dec 91 $12.122($19.171) 65N(6N) GK Goh Feb 17 Dec 91 $3.772(J5,091) Scotts HWgs Feb 13 Dec 91 $3.726($1,313) 0.4( BMT Jan 30 Dec 91 $697(1600 50(50)
      381 words
    • 408 22 Current Ex Books Data Tatal for Total for paymont data doso payaMo tfco yoar last yoar AMFPT 21(e) Feb 7 Feb 21 Feb 28 7 7% 5 75% Am*i Fund USlOC(b) Mar 10 Mar 20 Mar 30 US10C US10C Avtrx) 20c 12 5%TE Mar 3 Mar 13 May
      408 words
    • 133 22 Company Rights Issue Asa Px Land Four-for se«n fe, MJO 50 per share Ex-date Jan 3 Books dose: lan 17 Acceptance Payment Mar 5 todu M Two-ftx-one SI 00 per share Ex-date Jan 8 Books dose Jan 20 Acceptance Payment Fed 28 MC8 *dp One-tor-ten MSI 10 per
      133 words
    • 498 22 Company Rights Issue Wwci T«di One-tor-one >1.00 per shaft Bolton Issue of $90 978m nominal amount of 3.5% Redeemable Unsecured Guaranteed Bonds 1991/96 with *****m detachable warrants on the basts of J2 nominal amount of Bonds for every three existing shares Wd Every $2 nominal amount of Bonds
      498 words
    • 32 22 Conversion Special Trig Scripless Conversion deadline Period Trading Company starts (IDP) (ST) starts J*rks Int Jan 29 Feb 20 Jan 29 Feb 20 Feb 21 SPH NYA Times Pub NYA
      32 words
    • 82 22 Sstem Tefcvsyen lUay«a BM: Bth AGM at the Pacific Ballroom, Level 2, Pan Pacific Hotel, Jaian Putra, ***** Kuala Lumpur, on Saturday, feb 22, at Ham Muda Hokfinfs BM: EGM at the conference room, Ist Floor, Lot 7, Jaian 51A/241, ***** Petaling Jaya, Selangor Darul Ehsan, on Monday,
      82 words
  • 590 22 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 100. In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100
    590 words

  • STOCK EXCHANGE OF THAILAND
    • 2177 23 Reuter SELLING in two property counters and a major bank caused the stock index to decline and investors turned to buy another land issue yesterday, brokers said. The SET Index shed 9.99 points to close at 806.51 on a turnover of 10.52
      Reuter; SOURCE: PONT DATA  -  2,177 words
  • JAKARTA STOCK EXCHANGE
    • 1225 23 Reuter SHARE PRICES fell sharply in light trading yesterday, causing concern to brokers who were hoping that a recent upturn in the market's fortunes would hold. The index dropped 6.55 points to 280.20 in a turnover of 5.83 million shares. Blue chip Astra International
      Reuter  -  1,225 words
  • Page 23 Advertisements
    • 139 23 r- -CtV 4**lmra»3wl IflBis z\ -Sf m sfi iSl, i Pi f m «m mi# »|jH •< f i i 'y^'< v i. ■iJA r ®t? v>: «•>■ L > >& *s i -S w&HI9!$% P^Si V,;i Vv A S# to m i4^ 13 i«SS •< < V :&P!* 1
      139 words

  • TOKYO STOCK EXCHANGE
    • 2626 24 Reuter STOCKS slumped for a second consecutive day in very quiet trade yesterday and the Nikkei posted a new 1991/92 closing low. Renewed fears over corporate earnings results pressured prices, while investors kept a nervous eye on political developments at home and in
      Reuter  -  2,626 words
  • STOCK EXCHANGE OF HONGKONG
    • 2614 24 Reuter SHARES closed moderately lower yesterday on worries about a drop on Wall Street due to US President George Bush's setback in the New Hampshire Republican primary. The blue-chip Hang Seng Index fell 21.40 points to 4,725.70, while the broader Hongkong Index lost 14.18
      Reuter  -  2,614 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2282 25 Reuter OFFSHORE selling dragged the Australian share market lower yesterday, although brokers said the market fared well considering a sharp fall on Wall Street overnight and continued weakness in Japan. At one stage, the All Ordinaries Index managed to grab a 2.5-point gain, but
      Reuter; SOURCE: PONT DATA  -  2,282 words
  • REGIONAL STOCK MARKETS
    • Manila shares hit by negative sentiment
      • 50 25 INDICES TURNOVER Close Puili— Feb 19 NEW ZEALAND NZSE-40 Capital 1.473.65 1.473.03 +0.62 MANILA Composite Index 1,141.01 1.176.57 -35.56 Turnover (million) 494.65 858.19 363.54 TAIPEI Weighted Price Index 4,839.42 4,766.91 72.51 Turnover (NTS billion) 24.7 29.6 -4.9 SEOUL Composite Slock Index 648.13 638.22 +9.91 Turnover (billion won) 259.2 197.1 +611
        50 words
      • 541 25 FEARS OF another volcanic eruption, bickering among presidential candidates ahead of the May elections and a recent attack by communist rebels on government troops combined to drive Philippine share prices down yesterday. The Manila Stock Exchange composite index dropped 35.56 points to close at 1,141.01, pulled down largely by
        541 words
      • 798 25 THE Seoul stock market closed higher yesterday on a technical rebound focused on financial shares with bargain hunting also levering the index up, bro- kers said. "This was a temporary rebound after the market declined for three days in a row," a Daewoo Securities broker said. "As the market
        798 words
      • 83 25 SHARES ended steady yesterday after dropping about 16 points in the morning. Telecom, in a delayed reaction to Tuesday's profit announcement and to news that its chief executive Peter Troughton would resign, fell six cents to NZ$2.3O. The NZSE-40 capital index was up 0.62 points at 1,473.65. Fletcher
        83 words
      • 437 25 STOCKS rebounded from recent sharp falls to end higher across the board yesterday, but brokers were divided over whether a sustained rally had begun. The Weighted Index closed 72.51 points or 1.5 per cent up at its intra-day high of 4,839.42, but turnover fell to NT524.7 billion from 529.6
        437 words
  • Page 25 Advertisements

  • WORLD STOCK MARKETS
    • Dow hit by inflation fears, weak bond market
      • Article, Illustration
        1248 26 A WEAK BOND market and concern over inflation, which could halt further easing of interest rates, helped undercut stocks on Tuesday. The Dow Jones Industrial Average fell 21.24 points to 3,224.73. Volume on the New York Stock Exchange was heavy, at 234.3 million shares, up from 221 million
        1,248 words
      • Article, Illustration
        628 26 SHARES finished higher on Tuesday on speculation that there would be a large takeover bid as well as a cut in interest rates. The Financial TimesStock Exchange 100-Share Index rose 14.9 points, or 0.6 per cent, to close at 2,555.9. The Financial Times 30-Share Index rose 13.1 points to
        628 words
      • 310 26 THE BOURSE fell back on Tuesday from its early highs after failing in an attempt to break through the key 1,700point barrier on the 30-share DAX Index. After opening at 1,689.97 points, up 8.90, the DAX moved rapidly to a peak of just over 1,694 the highest since Feb
        310 words
      • 188 26 SHARES closed sharply Firmer on Tuesday with the EOE index up 3.49 points at 299.07 knocking at the key 300 mark on the chart. Copier maker Oce-van der Grinten jumped 2.20 guilders to 72.60 on news it is raising its 1991 dividend to 2.25 guilders from two in 1990.
        188 words
      • 243 26 THE BOURSE had a "superb session" in active trading on Tuesday, operators said, that pushed the CAC-40 index up to 1,912.21 points at the close, up 1.60 per cent from Monday's close. That is a 12-month high for the CAC-40, which had opened the session with a hefty rise
        243 words
      • 328 26 SHARES closed broadly lower on Tuesday, hit by consistent speculative selling in thin trading volume, pushing leading blue chips down an average one per cent. The MIB all-share index closed 1.24 per cent lower at 1,038. "Rumours that some intermediaries faced difficulties occupied most people's attention and left the
        328 words
      • 414 26 SHARES closed higher on Tuesday in moderate business. Brokers said the Frankfurt bourse's firmer close lifted sentiment and the dollar's continued strength helped dollar-sensitive stocks. The all-share SPI index added 6.5 points to 1,127.5 and the SMI index of leading shares firmed 4.7 to 1,794.2. Nestle, Brown Boveri and
        414 words
      • 167 26 SHARE PRICES fell marginally on Tuesday in cautious trade ahead of a string of company results this week. The bourse general index declined 0.10 per cent to 930.20, while the blue-chip index fell 0.07 per cent to 902.55. Free B shares in mining engineering firm Atlas Copco rose two
        167 words
      • 460 26 A LATE SELL-OFF in the US and Canadian bond markets dragged Toronto stocks moderately lower on Tuesday, dealers said. The drop occurred after the US Federal Reserve cut its reserve requirements on transaction accounts at the Fed to 10 per cent from 12 per cent. The action, effectively a
        460 words
      • 73 26 INDICES TURNOVER NEW YORK Close PwiOB Feb 18 Dow Jones SAP 500 Turnover (million) 3.224.73 3,245.97 407.38 412.48 234.3 221 -21.24 -5.10 13.3 LONDON Financial Times 30 FTSE 100 Turnover (million) 1,983.7 2,555.9 559.3 1,970.6 2,541.0 465.5 13.1 14.9 +93.8 FRANKFURT DAX Index 1,691.18 1,681.07 +10.11 AMSTERDAM EOE Index 299.07
        73 words
      • 379 26 Brussels Feb 18 Francs FORWARD MARKET Acec 2240 20 Arbed 3920 15 Astur 520 Brascan 520 2 Canpac 512 2 Cock 159 +2 De Beers 828 10 Ebes 7730 GBelg(P) 2150 +35 Gb-Inno-Bm 1324 8 Gevaert 6750 20 Gr Bru Lamb 3340 30 Hobok Petro ***** 125 Ryl Dutch 2640
        379 words
  • Page 26 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1186 27 REPORTS TOKYO: The dollar ended higher against the yen and the mark in nervous Tokyo trade, in spite of rate checks by the Bank of Japan (BOJ), dealers said yesterday. Tokyo dealers said the BOJ checked rates at about 128.10
      1,186 words
    • 381 27 Cross rates f*i9 USS SS MS Dm Yen SFr AS NZS USS 1.6420 2.5950 1.6420 127.75 0.5695 1.4840 1.3245 1.8484 SS 0.6090 1.5804 1.0000 77.8015 0.3468 0.9038 0.8066 1.1257 MS 0.3854 0.63 0.6328 49.2293 0.2195 0.5719 0.5104 0.7123 Dm 0.6090 1.0000 1.5804 77.80 0.3468 0.9038 0.8066 1.1257
      381 words
    • 535 27 Interbank rates "SI Bid Offer Overnight 2 1/2 2 3/4 i-month 3 3/16 3 5/16 2-month 3 3/16 3 5/16 3-month 3 3/16 3 5/16 '-Overnight mode: 3-5/8 ISS Bid Offer days 4 3/16 4 VI6 1 month 4 1/8 4 1/4 2 months 4 1/8 4 1/4
      535 words
    • 380 27 AP MOSCOW The cashstrapped Russian government is considering a new, highly artificial exchange rate to make imported food more affordable, and a newspaper has reported the government may also slap a tax on foreign currency earnings. In a separate, more cosmetic change for
      AP  -  380 words
    • 288 27 Reuter LONDON Stalled by the Gulf War, the Republic of Turkey's international borrowing programme is back on course. It expects to have an international credit rating and plans to issue US$l billion (S$ 1.6 billion) worth of bonds this year. A US$l5O million
      Reuter  -  288 words
    • 1071 27 SjjjDC FUMHMHUW Open High Low Sett Est Vol Op/Int Vol Mar 92 95.80 95.81 95.76 95.76 3525 ***** 1480 Jun 92 95.59 95.59 95.54 95.55 ***** ***** 2680 Sep 92 95.19 95.19 95.14 95.15 4520 ***** 2186 Dec 92 94.49 94.50 94.45 94.46 4020 6167 2460 Mar 93
      1,071 words
  • Page 27 Advertisements

  • COMMODITIES
    • 1387 28 Rubber Feb 19 *tm) S centvln Noon Oow Int I RSS Prompt I28.50/I29.50N I28.7V129.75N Int I RSS Mar 92 129.00/129.50 129.2VI29.75 Int I RSS Apr I30.2VI30.75 130.50*131.00 Int 2 RSS OP 128.50/129.50N 128 50/I29.50N Int 3 RSS OP I28.00/129.00N 128 00/129.00N Int 4 RSS OP 126.00/127.00N I26.00/127.00N Int 5
      1,387 words
    • 309 28 Reuter CARTAGENA, Colombia Alfredo Ricart, executive director of International Sugar Organisation (ISO), says his group is worried that many importing members are leaving the International Sugar Agreement. In a speech to the United Nations Conference on Trade and Development (Unctad) on Tuesday, he
      Reuter  -  309 words
    • 353 28 Reuter JOHANNESBURG Gold sales from the former Soviet Union, traditionally a leading supplier, may halve this year or next. Union Bank of Switzerland precious metals analyst Andrew Smith said yesterday that whereas the Soviet Union last year sold an estimated 300 to
      Reuter  -  353 words
    • 819 28 REPORTS THE Kuala Lumpur Tin Market yesterday extended Tuesday's losses to close two sen lower at M$ 14.33 per kg on higher offerings. Dealers attributed the downtrend to the drop of US$4O a tonne on the London Metal Exchange overnight due to
      819 words
  • Page 28 Advertisements
    • 320 28 BUSINESS TIMES Toll tr»o Tel No 737 0043 -Fax No: 734 3698 IN THE MATTER OF ALWAYS EXPRESS (S) PTE LTD (Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the abovenamed company,
      320 words
    • 8 28 Personal Finance Investment in Business Times every Saturday
      8 words

  • 1119 29 m«M ETA Flight ETD GA887 1415 GA894 2015 AMaMt QF5 2010 SQ228 2040 •■■tardim SQ23 0700 GA894 2015 KL833 0955 KL834 2325 GA975 1525 A efcto— BA11 1225 SQ285 2215 GF148 0915 GA525 1450 B Sari lafawaa BM53 1105 SO 182 0915 SQ181 1410 BI96 1440
    1,119 words
  • THE TRAVEL PAGE
    • 646 29  -  LETTER FROM NIKOLAOS By Marlise Simons EVEN on a winter day, Arcadia still resembles the land that forever linked its name to the simple life of pastoral bliss shepherds milling behind their flock, terraced hillsides producing food, birds soaring high above olive and apricot trees.
      646 words
    • 152 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian ck ar 1.2335 1.2502 Canadian dollar 1.3676 1.3952 NZ dollar 0.8784 0.9139 Sterling pound 2.8723 2.9112 US dollar 1.6380 1.6460 Local dollars to 100 units of foreign currency Austrian schilling
      152 words
    • 66 29 Duration Title Venue Organiser Tel .Mar 12-22 International Turin, Italy Torino *****569 1992 Home Exhibition Esposizioni S.p.A Mar 23 Pension Piccadilly, Le Meridien ********** 1992 Trusteeship London Hotel, London Training Day Duration Title Venue Organiser Td Mar 28 Apr 5 1992 International Fair for Leisure. Sports Tourism
      66 words
  • Page 29 Advertisements
    • 45 29 It's amazing the lengths Finnair goes to tor just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price Check with your travel agent or call *****77 for more details. We Kan Europe from Mart to Finnish
      45 words
    • 24 29 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
    • 46 29 THEN NOW H Br J\« I kT ''vj V-""* H mn i VERONICA YIP VERONICA YIP AS SHE WAS IN A IN A RECENT 1990 TV SERIAL MAGAZINE SHOT. CATCH THE FULL STORY. TODAY AT LUNCH-TIME. Il^l NEW r NEWS, NEWSY From lunch-time. Monday to Saturday.
      46 words
  • Page 29 Miscellaneous
    • 136 29 26 Eggheads from Ealing si- er share the flight abroad new guild (6) lent, it turns out (10) 23 Average-sounding air (4) DOWN 7 mlfc o X b 0 U n d S (6 W 9) Sted YESTERDAY'S SOLUTION 1 It helps one to find a jer- 8 Starchy food
      136 words
    • 177 29 Singapore Outlook: Showers over a lew areas in bite afternoon and early evening. Report Maximum temperature 32.8 Assoc humidity 58% Minimum temperature 25.5 Assoc humidity 88% Hours of sunshine 6.10 Rainfall in mm Trace Rainfall this month 19.2 Rainy days this month 3 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 23/17
      177 words
    • 16 29 s Piu: rue-iiMc IKTJ _YIOU BONGLING IHCOmPc.TteM-n U)oRl£>.. lA J—l r- i*' I'Vi N /C^tflß) eA—OCttTH)WBWftfBWLTD,HM-HM
      16 words

  • 447 30 Restrictions could strain trade ties, EC warns Washington UPI BRUSSELS The European Community has warned that its trade links with the United States could be jeopardised by restrictions to direct foreign investment. The 12-nation EC on Tuesday issued a statement critical of
    UPI  -  447 words
  • 436 30 Reuter TOKYO The ideals of free trade are being assailed around the world with increasing frequency and a good share of the blame rests with Japan, said Sir Leon Brittan, the vice-president of the European Commission, yesterday. Speaking at two separate venues in
    Reuter  -  436 words
  • 287 30 Reuter CANBERRA The Australian government has refused to budge over planned tariff cuts which unions say will flood domestic markets with cheap Asian textiles, clothing and footwear and force local industry into further decline. Industry Minister John Button said yesterday that the
    Reuter  -  287 words
  • 334 30 AFP HONGKONG Chinese Premier Li Peng supports the quasi-capitalistic development in southern China's special economic zone (SEZ) of Shenzhen. Quoting an authoritative source in Beijing, the local pro-China Wen Wei Po daily yesterday said Mr Li hoped Shenzhen's stock market could provide an example for
    AFP  -  334 words
  • 441 30 Reuter WASHINGTON America's top securities regulator unveiled a broad package of proposals on Tuesday intended to make it easier for cashhungry small businesses to raise money. Many of the nation's nearly 20 million small businesses which employ over half the
    Reuter  -  441 words
  • 839 30  -  The Bottom Line SN VASUKI SN VASUKI The writer is a BT correspondent THE ancient silk route, straddling the northern reaches of Asia and long relegated to history books and legend, is once again casting a spell over the world. There is much talk
    839 words
  • 273 30 Bernama JAKARTA Malaysia and Indonesia will collaborate in defence industries within the framework of a military Memorandum of Understanding signed last Monday, outgoing Malaysian Chief of Defence Forces General Tan Sri Hashim Mohamed Ali said yesterday. The scope and nature of proposed joint ventures would be
    Bernama  -  273 words
  • 281 30 Reuter AMMAN The head of the Palestinian delegation to peace talks with Israel yesterday said he was going to Washington yesterday to see US Secretary of State James Baker and discuss Israel's arrest of two Palestinian negotiators. Faisal Husseini said the delegation
    Reuter  -  281 words
  • Page 30 Advertisements
    • 85 30 Nikon The World s Finest Photographic System Tie Distinctive Mubuot tit HUBLOT Singapore THE HOUR CLASS Lucky Pla/a Tel *****20/1 Scotts Tel *****27/7190 entrepoint Tel *****96 Peninsu la Pta/a Tel: *****09/*****63 Palais Renaissance TH *****62/543 Raffles Tel *****41 »Changi Airport Terminal I itasl West Wings) TH: *****69/0. Terminal 2 (South
      85 words
    • 9 30 Nikon The World's Finest Photographic System Editorial, Pg 10
      9 words

  • Shipping Times
    • 474 31  -  By Selva Kumar SINGAPORE A local master mariner has suggested that piracy in the region be tackled with joint patrols funded by the United Nations and Asean countries. Mr Edwin Wong Peng Soon, currently a shipbroker, added that the programme
      474 words
    • 276 31 Reuter COPENHAGEN The international shipping association Bimco said on Tuesday it had protested to Brazil about an attack by heavily armed pirates on a tanker off Rio de Janeiro. "It is our hope that strong measures will be taken to stamp out attacks on
      Reuter  -  276 words
    • 265 31  -  By Dexter Lee SINGAPORE The Association of Singapore Marine Industries (Asmi) has hinted that shipowners should engage only the associations' members for potentially dangerous afloat repair work. This was carried in a statement the association issued on Tuesday to express its concern over the Lotus-M
      265 words
    • 871 31 Page Col ABC Containerize 12 1 Accord Group 8 1-3 APL 5 3-5 A PC Line 13 5 Arrow Inter 9 4 •ASCL 5 9 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 10 1 Bangladesh Shpg
      871 words
    • 191 31 Reuter HONGKONG Invitation of tenders for the HK$4 billion (SsB4o million) western cross harbour tunnel will start early next month and the winning bid will be selected in early next year, Secretary for Transport Michael Leung said. The two-kilometre, dual three-lane tunnel
      Reuter  -  191 words
    • 310 31 Reuter HONGKONG New airports in south China and Macau should pose little threat to Hongkong and the Portuguese enclave's multimillion dollar project will be a white elephant, a senior Cathay Pacific Airways official said on Tuesday. China was unenthusiastic about developing the
      Reuter  -  310 words
    • LOG BOOK
      • 70 32 SINGAPORE The Port of Singapore Authority (PSA) will soon charge a fee for issuing temporary passes to port users entering restricted areas like the Singapore Cruise Centre and the various PSA terminals. From Mar 1, port users must pay $1 for a
        70 words
      • 82 32 PARIS Dassault Aviation on Tuesday said it and British Aerospace pic were discussing working on a new generation of military aircraft that would go into service around 2020. A Dassault spokesman, confirming French press reports, said the firms have been holding talks for a long
        82 words
      • 48 32 SINGAPORE The Port of Singapore Authority has appointed Captain Fong Min Tat the new Port Master since the beginning of this month. Capt Fong replaces Capt Khong Shen Ping who has since been posted to the Director of Marine's office as assistant director.
        48 words
      • 66 32 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
        66 words
      • 84 32 SINGAPORE The Opel and Vauxhall ranges of cars have proven to be the best sellers on US-based General Motors list in Europe. Last year, the two brands accounted for 1.6 million out of the 1.7 million units of GM's European sales. According to General
        84 words
      • 74 32 DUBAI Emirates Airlines, owned by the government of Dubai, signed a U5556.6 million (5592.4 million) loan agreement on Tuesday with the British Bank of the Middle East (BBME) to finance the purchase of an A3lO-300 Airbus. BBME, part of the Hongkong and Shanghai Banking Corp,
        74 words
      • 96 32 Moscow Mistakes by pilots and air traffic controllers were blamed on Tuesday for a November plane crash in the Caucasus Mountains in which 40 people died, a news agency reported. The pilot of the Yak-40 was flying too low when the short-range commuter-style aircraft
        96 words
      • 79 32 PARIS Sales by the French Dassault Aviation military aircraft manufacturer fell by 16.2 per cent in 1991 to 14.353 billion French francs (554.21 billion) from 17.119 billion francs in 1990, the company said on Tuesday. Finance director Charles Edelstenne said that the net consolidated result to
        79 words
      • 78 32 MOSCOW One sailor was killed and five hospitalised with burns or carbon dioxide poisoning following a fire in the forward engine room of a large Russian anti-submarine ship, a news agency reported on Tuesday. The destroyer Admiral Zakorov was sailing in the Sea of Japan
        78 words
    • 325 32 DRY CARGO freight rates on Tuesday were set to fall further in the charter market which continued to be weighed down by too many ships and too few cargoes, brokers said. Nearly all routes were marked lower as the Baltic Freight Index dropped 17 points to 1,282. US
      325 words
    • 1141 32  -  Malaysia is losing about Ms 3 billion annually on invisibles in freight and insurance in the shipping industry. D Sundara Raja reports on what steps are being taken to reverse the flow D Sundara Raja Bernama MALAYSIA'S loss of invisibles in freight and insurance, said to
      Bernama  -  1,141 words
    • 774 32 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index- change and
      774 words
    • 5156 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      5,156 words
    • 3368 45 A xm.BC Containeriine NV: Bclsin Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN) Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Business C orporation Philippine Calsuurce Shpg A Trdg Pte Ltd (S) Ahrenkiet liner Service Kim Shpg A Trdg(S). Albatros Sea-Air Service: Frata Shpg
      3,368 words
    • 258 45 Abacas Couriers Tel: 545-8011. Fax: *****98 Air Express Travel Tel: 533-5771. Fax: *****44 Airborne Freight Corpora boa Tel: 542-8844 Fax: *****16, *****80 Ain wilt Worldwide Courier Td: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322(2 lines), 747-7421. Fax: *****75. City-Liak International Tel: 344-3377. Fax: *****50. darter link Supplies A
      258 words
    • 1523 45 A hex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Actirair Singapore Td: 542-7821 Fax: *****20. Aeroiiak Freight Intermtional Td: 545-803IFax: *****05. Td: U 542-59l 1. Fax: *****18. Air Cargo Nowo Express Td: 542-5454. Fax: *****06. Air Express lateral bona] Td: 542-7666. Fax: *****74,
      1,523 words
    • 2655 46 ARGENTINA Labour working normally this week. Buenos Aires: Port busy with most general cargo berths occupied; no delays except for vessels needing a particular berth (gantry crane, deep draft etc). San Lorenzo: Port busy with 6 vessels operating of which 4 loading pelletized meals, 1 loading grain, 1
      2,655 words
    • 574 46 ARRIVALS Op Flight Type ETA T Frwn TODAY KAL KE697 B747F 0150 1 SEL SIA SQ827 B747F 1730 2 CPH/DXB CLX CV794 B747F 1845 1 LUX/DXB NCA KZ203 B747F 1930 I NRT KAL KE685 A30F 2345 1 SEL/MNL TOMORROW JAL JL615 B747F 0240 I TYO NWA NW901
      574 words
    • 1302 46 VESSELS ON OFFER Bulk Carriers Tara: 126,579 dwt and built 1977 Mitsubishi, best offers invited. Bulkportoflno: 72,858 dwt and built Feb 1974 Yugoslavia, official ideas at US$B million but as brokers trying less. Trying 2 years time-charter back. Mariann: 64,064 dwt and built Mar 1977
      1,302 words
    • 656 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dt» Nat of Vgwl ETA ETD Pom of Calls Port Ayl FEB 20 21 Mikhail Sbolokhov 1200 1700 Worid Cruise S'pore Soviet Shipping 20 20 Renaissance 4 0800 1700 Sin-HK-Bali Barwil Agencies 21 23 Royal Odyssey 0800 2300 Sin-Bali Harpers Shipping 21 21 Asean
      656 words
    • SHIPS IN PORT
      • 570 47 teal hj W» Birth Anfral Oepartn Marina Terminal 1 Batam Sayang *****2 M04 alongside 2002/0500 Batamndo 1 161S M01 alongside 1902/1900 Blue Bower 3 *****2 M04 ak»«sde 2002/0500 Citra Jaya *****2 M02 alongside 20 02/2300 Garuda 632 M05 alow* 19 02/2300 Hai Hu 8 9203 M01 alor«s«fe
        570 words
      • 200 47 n^-A KHwOTC rw i Berth: 1: Lucorw; 2: Tzu Hang; 3: Kota Beram; 4: Ping Qiang; 5: mi; 6: Barge Luna Utama. 01 jetty: Joknd, Stott Titan, Subur. DCh Kokuei Maru No 3. Due on Feb 19: Shoryu Emmy, Bunga Anggerik, Thaiho 1, You Yi 7, Barge
        200 words
      • 823 47 RECEIVING OF EXPORT FCl CONTAINERS AND LCI CARGO Rocord Bootii|/Batanc« Rsta Ship Voy No Etb/Btr Pariod From To Fran A Abraham 9823W 21/0930 1 19/1500 19/1659 19/1900 3 20/0700 20/1159 20/1400 t 4 20/1200 20/1459 20/1700 ACX Dasy 23A 22/1800 3 20/0700 20/1159 20/1400 4 20/1200 20/1459 20/1700
        823 words
    • 440 48 AP LAUSANNE Cross Switzerland in less than half an hour, by subway, and not see the Alps? It's a novel idea and a good one, supporters think. They view the Swissmetro project as an ideal complement to the dense network of public transport. Late in
      AP  -  440 words
    • 237 48 Reuter AMSTERDAM Cooperation talks between KLM Royal Dutch Airways NV and British Airways pic could take months to produce an outcome, KLM chairman Pieter Bouw said in an interview in KLATs staff magazine. "The talks are exceptionally complicated Everyone realises that
      Reuter  -  237 words
    • 182 48 AFP LONDON British Aerospace made a pre-tax loss of £81 million (***** million) last year compared with a pre-tax profit of £376 million in 1990, the company said yesterday. British Aerospace, which manufactures aircraft and cars, maintained its final dividend at 16.1 pence
      AFP  -  182 words
    • 448 48 Reuter BRUSSELS Belgium's lossmaking national airline Sabena SA may find a planned link-up with Air France is now its only option for survival, even though it may not be the best deal possible, analysts said. Belgium's caretaker government, after pressure from
      Reuter  -  448 words
  • Page 31 Advertisements
    • 18 31 Llrm aml MrvtcM jpwwM Miwlm «f Hm Itoghtij «f AcctmßM /•'or advertising enquiries, contact Shipping Times: let 740-2089/740-2090
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    • 119 31 THE jg FAMOUS Apn to I mstiuua/ ■■MIIISI* 224 1833 For more information please refer to Pg. 13 «''r y I K; 181 1 > 3 < »>. v XvjSjr, fc\ v 9 I i L*• I I" 1 SOME OF OUR TOP TALENTS ARE OVERSEAS. BRING THEM HOME. A
      119 words
    • 194 31 SUMMARY Stemming the heavy invisible losses MALAYSIA'S loss of invisibles in freight and insurance, said to be about M$3 billion (SSI.9 billion) annually and expected to rise to MS4.9 billion this year, is by no means a paltry sum that can be ignored by a developing country Page 2 Air
      194 words

  • Page 32 Advertisements
    • 110 32 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and I relevant book reviews. /J I c( ENTERPRISE MANAGEMENT, in Zxrjffl I Business Times every Monday, is must -> reading for managers who want the
      110 words

  • Page 33 Advertisements
    • 2589 33 OOCL (8) PTC LTD JAROINE SHIPPING AQCNCICB *****11 FAX: *****09 \lllfr BOOKINGS TEL: *****234 *****58 TERMINAL/CFS TEL: *****218 220 PBfifififl H PtSAKA JAROINE SHIPPING AGENCIES SON. BHO. L \SgW A PORT KELANQ TEL: *****18 FAX: *****91 *****88 »a PENANQ TEL: *****4 FAX: *****1 CFS TEL: *****6 ueaicatea to Quality Service
      2,589 words
    • 3017 33 pßEßssasza NEXT SAILING TO MIDDLE EAST OCEAN BLESSING VOY 113W ETA SIN 27/2/92 Veeeei Voy I ETA I ETO I ftaSr by 2ZW- DESTINATIONS Tiae iw Mar it Maank 9202 CY 25/2 0600 MRS era 24/2 2358 HRS Kalang Panang OAK LOB HOll MEM ATL MIA CHS BAL PHL NYC
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  • Page 34 Advertisements
    • 1343 34 R'OAM/ VOY NO S PORE JEDOAH S'HAMTON H'BUBQ ANT LE HARVE gIMMMBHBHBHMWHBWfe KAMAKURA 21/107 20/2 29/2 14/3 10/3 9/3 HHHHI KIT ANO 12/307 23/2 11/3 13/3 IS/3 17/3 ?Vkl!|l3l HAMBURG EXPRESS 07/106 27/2 7/3 21/3 17/3 16/3 TOKtO EXPRESS 04/308 1/3 18/3 20/3 23/3 24/3 1 WIBWP_ KATSURAQI 10/109 5/3
      1,343 words
    • 736 34 SEASPAC SERVICE MgCT SOUTH PACfK SEKWCt SIN NOU SUV PPT IMPERIAL 3202 EB 23-28/2 12/03 15/03 20/03 PALE MBA NO 3901 EB 2S-27/3 7/4 10/4 14/4 Trw«NTlm» (13) ,10) (22) ALSO ACCEPTS* CARGO MA SUVA TO: LALTTOKA, PAGO PAGO. APIA, NUKUALOFA, P. MLA FASTEST SBIVICt TO CHU/POM SIN VAP BAI
      736 words
    • 1372 34 [TSvmawa un REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE /WY m *L 6 KL MM HE ROT ANT FG. DM a a as ri«u «2 isnZ 2?/E if/U! I* 7 3 21/03 23*03 24/13 5/03 20/03 27/03 (M 2i/2? 21/03 30/03 31/03 »I/M 02/ M 03/ M hJJJIL^in 9
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  • Page 35 Advertisements
    • 1612 35 HI SHIPPING PTE LTD 115 Ho« Chiang Road #09-01 Sanford Building 1 Slngapora 0206 Tal: *****8$ fag *****17 ACOm DIE SAB.S CM GO VOK BHOB RAJAH MOOU VOX kkuri. lab, KK hi ft 21 FA Mm PROGRESS V 7MN 25-M FEB 29-01 MM Slum STAR VOX Iter. Skm. Urn 21-22
      1,612 words
    • 1999 35 SINGAPORE AGENT: ■NflL PAO Containers (Singapore Agencies) Pte Ltd ilk O 15 Hoe Chiang Road #06-02 to 06 Sanford Building. Singapore 0208 Tel: 225 2233 Teiex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number 1Q*****0000Z llr%~ iS ~™s S HE-ie™. SZ,E ®-1 38 33 I sara 1 as as
      1,999 words

  • Page 36 Advertisements
    • 458 36 rwmm CR NBA **********0-D EXPRESS SEMI CONTAINERSMIP SERVICES TO EUROPE VSL/WY STORE MMM/NMS If BURG BREMEN ANTWERP MATARAM/31WB 21/2 2/4 6/4 10/4 l(/4 SRMAJAYA/34W8 12/4 15/5 20/5 24/5 27/5 Mn/y/25«tt 26/4 2J/5 3/8 7/0 11/0 FAST TRANSIT TME ACCEPTS6O SSEAKBULK/CONTAStEIWSCD CARGO to Maeomtiit. AIM icctptiiiQ to CrmMmcli Port Slid, Port
      458 words
    • 1287 36 HANJIN SHIPPING FOR VSL Si LIE HAUL IS OM RS WL BR |LM BBL SAV IS WC HANRR IS—5 ***** 1/3 08KCT 22/3 25/3 FOHBAMO RAY MR 24/2 B I—IB «21E 2/4 3/4 1/4 HMUR ELKMETH 863E 1/3 88KCT 29/3 1/4 MNBI OSS 87* 2/3 N. KBNRR SK 8/4 M/
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    • 1303 36 Hi 11 I M M MH 1 L I 1 MMM k. I *»B«Mi«iiioiß»nouioii(i arcLMr w m w ik n n m w I ■f mm K-M M/ 2 I/l VI (/J 1/1 14/1 12/3 11/) M/l 27/) 1/4 11/4 U/4 21/4 22/4 21/4 24/4 S/4 4/S IVS H/5 2»/i
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  • Page 37 Advertisements
    • 1386 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 AyL FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 BMM UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 QD AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2: *****53/*****50 NEPLINE SDN BHD
      1,386 words
    • 482 37 IKAOHSRJNG 21/2 I COLOMBO 22/2 ANTOERP 23/2 MMAV 22/2 BREMEN 23/2 KEELUNG 21/2 HAMBURG 23/2 PUUWUI a/i LEHARVE/LONDON 23/2 KONG 25/2 MADRAS 22/2 FELIXSTOWE 23/2 UAm nn CHTTTAGON6 25/2 GENOA 24/2 mmM CALCUnA 22/2 MARSEUES 24/2 BUSAN 24/2 IJIKI jljlf ROTTERDAM 23/2 BANGKOK M/ 2 BMC—— IMMTK 25/2 I TOKYO
      482 words
    • 964 37 SINSOV SINGAPORE SOVIET SHAPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (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) FULL CONTAINERSHIP SERVICES EAS HOUND—OCCHAKQMG WESTBOUW-iOMMNS TMICHrfED MA tOTTBBMM mm.i www |mc
      964 words

  • Page 38 Advertisements
    • 1519 38 AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: 1244C*****0M) 14 W W TWT W7* TEL *****77 TELEX: KAWAKIRS23I6S FAX *****07/^9 I i I ra WKm MALAYSIA: UNE MARmME (MALAYSIA) SON BHD rTTT TELSASSO24OO PK*****01/5 PENANG632O2O J*****01 wmmm KAWASAKI KISEN KAISHA, LTD Indonesia: p.t. sarana laut mternusa tel jkt *****76.*****77.570eg0e f
      1,519 words
    • 646 38 #->Vfs3 PHIU-ORICNT LINCS PT€ LTD 4% r 108 Robinson Road #07-00 GMG Building Singapore 0106 T»l: *****22/*****69/*****00 T«(«x: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA.... 4^ JtttL WE TAKE ON THE WORLD FOR YOU MEMBER Of SINGAPORE FREIGHT FORWARDERS ASSOCIATION i AiiVimfflN nmw-M B 28 FEB SYDNEY. MELBOURNE,
      646 words
    • 344 38 /Wi GOLDEN LINE WWO%, GUAM GUAM SHPPVI6 V<X\ (PTE) LTD a. mrhm im aara mm IH- UUW (II UB) fac S343SM (O Ha. IIU9SSMMT) imiTi/mauiww«TKi S port P. KdM| Pent* nnuiCMtt/imck/Mt 21/77 Fat BOUBISTM CMaMo/Mrada/Datai 4/1 Mar j» »a. ci«m p»ft n/n M HONG gi It* Shantou 24/21 Fat A
      344 words

  • Page 39 Advertisements
    • 1055 39 PACIFIC INTERNATIONAL LINES (PTE) LTD Uflllf 140 Cecil street #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********QE (JAKARTA 1 i BANGKOK VESSEL VOY am jkt M VI,I£L VOV BIN ■UNO* TCRATAI PEGASUS PROGRESS 70SN 11/1 24/1 2/3 KOTARAKYAT OUTOV 09N 23/2 27/2 1/3 M KOTA BINTANG KBTIOS 23/2
      1,055 words
    • 859 39 EacßenV F CLASS CONTAINER TRANSPORT FEEDER VESSEL PENANG P KELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) ANSON/TBN 21/2 22/2 SELANCHA 2072 25/2 15/3 16/3 18/3 ANSON/TBN 28/2 28/2 BENALDER 2082 3/3 20/3 22/3 23/3 2575 ANSON/TBN 6/3 7/3 TQYAMA 2092 10£3 27/3 29/3 30/3 1/4
      859 words
    • 417 39 BINTANG MAS SHIPPING PTE. LTD. 39 NER. ROAD SMGAPORE 0201 TEL: *****51 TU: R*****5 SVMER FAX: *****44 ACCEPTS TOUTS OF STORE CARGO MS TWA HONS MM TANG SEAM VOSE 22 23 Fak Da*y Bmtiiu. Mn. KBatatt MM TANG BELAIT VOSE 25 26 Fab Daly BMMu. MM. KBatart MERCURY PEARL VO4E
      417 words
    • 493 39 te|| MYANMA PA FIVE STAR LINE 1 (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf MYOMA TWA Vl4o* 3/ 5 Mar 29/2 Mar AVA VU4W 7/ 9 Mar HPAAN VI74W 12/15 Mar PAGAN VI »0W 19/21 Mar THE BANK LINE (A Mfvic* of Andrew Weir Shipping) V
      493 words

  • Page 40 Advertisements
    • 555 40 |STRWTSnAMMnTR*IT^ER^O I SPECIALIST IN RO-RO HEAVY LIFTS I I INBOUND VESSFIS I Iss— I Mil* Mil 1 Sl» I I CtSIK TUMI M 2(/2 M /J I 2K 2 T m I I OUTBOUND VESSELS I I LOADWC FOR NAC/TOK/SFM I I COSMIC PIONEER VII I I ETA SP SLD
      555 words
    • 67 40 FnOWM MARMER POfe 23/2"* J S pore Loading for I PAN RISER 29/2 Oubai/Bahrain/Dammam/Kuwait I I PUMA 10/3 Aden/Hodeidah/Jeddah I I LKE 15/3 Hodetdah/Jeddah/Aqaba/Port Said I IJM HUI 10/3 Dubai/Doiia/Dammam/Kuwait I [Spore Loading Bt TANA VIS l_ os Angeles/New Orleans/ I Charleston/Norfolk/Camden PAW MAMNER Los Angeles/New Orleans/ I Charleston/Norfolk/Camden 'Loads
      67 words
    • 117 40 iUM Aid Australia Now Zealand Weekly LCL Consolidation Ibm CARGOFLO, Singapore-Australia V, Fremantle Adelaide Melbourne Sydney Brisbane Singapore-New Zealand v i_ J Auckland Wellington Lyttleton 1 1 MB New Plymouth Napier Chriatfthiirfth J J**i wMp ax: 227 2Q83 .T-—| ra EUROPE/S.E.A. BREAKBULK SERVICE VESSEL H** KUKMN6 CAREER IIUO IU4/1 ANTWERP
      117 words

  • Page 41 Advertisements
    • 1198 41 NEDLLOYD GIVES YOU MEDITERRANEAN EXPRESS FEEDER VESSEL p*G PEK OCEAN VESSEL SM LEH<3) RTM(I) HMI(Z) BW FL* SOU GOT VESSEL ftt P*| tm Shi S"baya Auckland Fiji(A) PtPVnu»(A) Tnani Lyttrt«(B) Dwwdbi(B) Napiv Wifc t >»(C) Tauanfa yy ghym/559 r Seroia/830 7717 ?0/7 N Asia/? 0?? ?5/2 14/3 15/3 17/3 18/3
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  • Page 42 Advertisements
    • 768 42 TO AUSTRALIA/NEW ZEALAND Sto Fram M fj»s lAuck |P. CHAIN MMTMA In* \Ti I7T~ 13/3 11/3 7773 I 24/3 niEw huok «T u/j j loTi IT* i7*~~ TOM bkusml m i«/ 4 17/4 7T75 mTS iTT" 57» c *«a« ?w TJT* i75~ ~»75~ TiTT" TiTs 75/5 TO USA/CANADA VSL to
      768 words
    • 1082 42 EXPORTS TO HONGKONG. TAIWAN, MANIA 1 JAPAN TWICf WEEKLY" MALACCA STRAITS SERVICE [OUTBOUND VOY PKL PEN IKT ISW I MNL HKG »AO KEE TYO YOK SMZ NCO K0» VESttL VOY |SM |Wa PCW SIW SW ACI WOUT 4B **17.2 **19 2 112 212 25 2 27 2 3 3 3
      1,082 words
    • 1656 42 Is? china ocean shipping company FULL CONTAINER LINER SERVICE HAUtttin AGENTS SINGAPORE S GENERAL AGENTS NXME9A-S AGENTS: CHUNG CHIAO SHIPPING SON BHD COSTAR SHIPPING PTF ITD P-T- GLOBAL PUTRA KL TEL: 4425M1/I7 FU *****T2, ***** m INDOf€SIA MARITIME t. KLANG TEL 3WIIW/I TU MA ***** m MITEL(ttIKKIuV3II7M POMNG TEL (*****
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  • Page 43 Advertisements
    • 610 43 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, STORE 0207 HOT LINE *****33 24 LINES LWASSa/PKtAUS 23/2 ROTTERDAM 23/2 HAfA/ASHDOO/AIEXANORIA 23/2 HAMBURG/BREMEN 23/2 MARSERIE/fRANCE 23/2 FELIXSTOWE/UK 23/2 BARCELONA/SPAIN 23/2 LEHAVRE/ANTWERP 23/2 GENOA/ITALY 23/2 GOTHENBURG/SCANDWAVM 23/2 IPS ANGEIES/WC/H 23/2 SYDNEY/MEIBOURNE 29/2 HEW YORK/EC 23/2 FREMAHTIE 25/2 VANCOUVER 23/2 BRISBANE/ADEUUDE 29/2
      610 words
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