The Business Times, 24 February 1992

Total Pages: 46
1 46 The Business Times
  • 16 1 BUSINESS TIMES THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Monday, February 24, 1992 75*
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  • NEWS SUMMARY
    • 68 1 CAIRO Algeria's Islamic Salvation Front (FIS) yesterday escalated the tone of its confrontation with the ruling junta, warning that it will resort to violence if dialogue between the two sides is not resumed. "Unless the authorities resume dialogue with the Islamic Salvation Front, we
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    • 55 1 TOKYO Popular support for Japanese Prime Minister Kiichi Miyazawa has fallen to a new low, newspapers reported yesterday. A Jiji Press opinion poll carried by several major Tokyo papers found that support for Mr Miyazawa's government this month had dropped to 25.9 per
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  • 27 1 SUJeMar... 131.50«/kg +0.75 Msia Mar.... 208.50Vkg +1.00 KL Tin Turnover SI tonnes -23 Spot MSl4.26/kg +0.03 Crude palm ot Turnover 1,007 lots +269 Mar MS899/tonne +3
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  • Article, Illustration
    27 1 Friday Change BT-MGA 729.03 +3.38 Kuala Lumpur ....615.73 -3.33 Tokyo 21,291.81 +519.89 Hongkong 4,736.47 20.47 Sydney 1,623.0 +0.7 New York 3,280.19 -0.45 London 1,982.91 -6.5
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  • 20 1 Eari—Bi rates USS SS 1.6440 100 Yen SS 1.2774 aiarM nilM 3 6344 Overnight 3-3/8 +1/4 3-month 3-1/4% +1/16
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  • 657 1  -  Special loan packages started for buyers By Sylvia Wong SINGAPORE Spurred on by various government moves to allow more Singaporeans, including permanent residents, to buy HDB resale flats, the volume of transactions in the secondary market for public apartments has risen rapidly
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  • 323 1 UPI JAKARTA Indonesian legislators urged the government to abandon its year-old forced monopoly over clove production, saying the new state agency has failed to improve the income of clove farmers. At a hearing on Friday with Finance Minister J B Sumarlin,
    UPI  -  323 words
  • 128 1 ITS BIGGER, brighter and punchier. BTs Asian Aerospace supplement will hit the stands tomorrow. It will feature exclusive analyses of market trends in civil jets, turboprops, helicopters and engines. There will also be market analyses for defence products in the wake of the Gulf War and
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  • 163 1 SINGAPORE The Finance Ministry has rejected a foreign news agency report that Singapore will implement a consumption tax by the middle of this year. The report yesterday by AFP, quoting a "political source", said a consumption tax was likely to come
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  • 53 1 SINGAPORE Finance Minister Richard Hu will present the country's 1992/93 financial statement on Friday. For the first time, the Budget will be subject to the scrutiny of an Elected President with powers to check government spending. Will the impact be purely procedural, or would there
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  • 670 1  -  Reserves not to subsidise consumption: Kan Seng By Yang Razali Kassim SINGAPORE While Singaporeans are getting richer, they are clamouring at the same time for more subsidies. Some would even want the national reserves to be spent on pushing down the cost
    Source: Dept of Statistics  -  670 words
  • Page 1 Advertisements
    • 351 1 THE VISIMiyI DIFFERENCE IN PROFESSIONAL EYE CARE CPTIQUE PiRIS MIKI Plaza Siiigapura Liang Coun .Manna Square Scotts CMford l^lWjL. Daimaru Sunglasses Counter ixb-wx^^woT POSB deposits rise DEPOSITS in Singapore's Post Office Savings Bank rose 17.3 per cent to S$ 15.53 billion last year the first dou-ble-digit annual increase since 1986
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    • 205 1 S U M MARY SPC makes bid IN WHAT could be its first overseas investment, Singapore Petroleum Company is making a bid to get a piece of business from Hongkong's new airport in Lantau island Page 3 Orchard attractions MORE THAN 98 and 60 per cent of commercial space in
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    • 10 1 HDB resale flats fetching double the posted price, Pg 2
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    • 3 1 Analysis, Pg 10
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    • 57 1 (0) Dulux THE BETTER PAINT Naturally enthusiastic. Aboard Japan Ajrtnm, you quickly aanaa a ganuine JALonca. doao anil Nniaani on tha part of thain-ffght craw. Ifaaaaytoaaa again and again. Waicomaaboard Japan Airfnaa. Wharea thayanjoyvrtiattha/redoing. Nowondaraomany paopia world of comfort aata ua a wortd apart. l jgfWS jtn, j K J*
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • 82 2 PARLIAMENTARY Secretary (Home Affairs and Labour) Ong Chit Chung called on the public yesterday to play a bigger role in caring for the aged. He said that individuals could become volunteers at senior citizens' day care centres and homes, while groups or
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      • 51 2 THE total number of crimes committed last year slipped 2.9 per cent to 53,682, said Home Affairs and Law Minister S Jayakumar on Saturday. This was due to the use of new technology, the Neighbourhood Police Post system, public cooperation and the rise in crime prevention
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      • 96 2 THE Government will not liberalise its foreign maid policy despite its call to Singaporeans to have three-child families, said Health Minister Yeo Cheow Tong. Mr Yeo, who is also Minister of Community Development, said on Saturday that Singaporeans should not rely only on foreign maids
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      • 37 2 REGISTERED and express delivery letter services to Kuwait have resumed. However, the insurance, surface letter mail and parcel mail services remain suspended as the postal administration of Kuwait has not resumed these services.
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    • 296 2  -  Increase reflects growth in the banking sector last year By Clarissa Tan DEPOSITS in the Post Office Savings Bank rose 17.3 per cent to $15.53 billion last year the first double-digit annual increase since 1986. The result is a huge improvement on POSB's
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    • 465 2  -  By Sylvia Wong THE buoyant market for Housing Board resale flats has led to some being sold at more than twice their posted prices. Figures from the Housing and Development Board show four-room flats being sold for as much as $105,000
      Source: HDB  -  465 words
    • 115 2 THE Rotary Gubs of Singapore last night awarded Senior Minister Lee Kuan Yew the Paul Harris Fellowship at a glittering ceremony at the Orchard Hotel. The president of the Rotary Club of Singapore, Dr Yeoh Seang Aun, read Mr Lee's citation, describing him as
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    • 250 2 SINGAPORE AIRLINES managing director Dr Cheong Choong Kong urged the Asia-Pacific countries to liberalise their aviation policy and to invest in infrastructural development. He said the Asia-Pacific region would become "a new enlarged domestic market" if countries liberalised their aviation policies. This
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  • Page 2 Advertisements
    • 197 2 life# 810 IN POWER, PERFORMANCE RELIABILITY For centuries, the elephant has been known for its superior standard of reliability and safety. trained mechanics and equipped with a computerised strength and reliability in performing heavy lifting and One of the region's besteelling forklifts, the Toyota parts inventory system, all of which
      197 words

  • COMPANY NEWS 1
    • 484 3  -  By Loh Hui Yin SINGAPORE In what could be its first overseas investment, Singapore Petroleum Company is making a bid, to get a piece of business from Hongkong's new airport in Lantau island. It is lining up two Asian heavyweights, C Itoh and
      484 words
    • 467 3  -  By Colin Tan SINGAPORE More than 98 and 60 per cent of commercial space in Park Mall and Winsland House respectively have been taken up, according to Richard Ellis, the leasing agent for both properties. Park Mall's retail podium recently underwent a $40
      Photo by Arthur Lee  -  467 words
    • 238 3 SINGAPORE Acma Ltd, together with friendly parties, now owns 85.62 per cent of Gold Coin Limited, said United Merchant Bank, which is advising Acma on its general offer for the shares in Gold Coin. Prior to the general offer (at $3.24 per share), Acma
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    • 317 3 Firm also proposes to restructure equity MBT KUALA LUMPUR Diethelm Malaysia, the 100per cent Swiss-owned distributor of industrial and consumer products, has proposed to restructure its equity and float its shares on the Kuala Lumpur Stock Exchange main board. The company, which had announced
      MBT  -  317 words
    • 258 3  -  By Chew Eng Han SINGAPORE The prospectus for Tenaga Nasional Berhad's public issue will be out this week. This was officially announced by the adviser and managing underwriter, Commerce International Merchant Bankers (CIMB), over the weekend. CIMB also said that Daiwa Singapore Ltd, Baring Brothers
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    • 234 3 SINGAPORE Malaysian stockbroker OSK Holdings Berhad, listed on the Kuala Lumpur Stock Exchange last April, posted an 80 per cent rise in earnings for the year that ended Dec 31, 1991. The group achieved an operating after-tax profit of M$ 10.84 million (556.93 million) last
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    • 157 3 Reuter HONGKONG Hongkong tycoon Li Ka-shing's Satellite Television Asian Region (Star) TV could be involved in a bid to buy troubled Hollywood film studio Orion Pictures Corp, a local newspaper has reported. The Sunday Morning Post quoted analysts as saying Hutch
      Reuter  -  157 words
    • COMPANY BRIEFS
      • 121 3 KUALA LUMPUR Malaysian Helicopter Services Bhd announced over the weekend that it had improved its pre-tax profit marginally to M 524.85 million (SS 15.66 million) for the year ended Dec 31, 1991, from M 523.58 million previously. Operating profit was 18.7 per cent up at
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      • 101 3 KUALA LUMPUR The last date and time for acceptance and payment of Olympia Industries Bhd's rights issue of 12.69 million new ordinary shares of M$ 1 (550.63) each will be on March 26, 1991, at spm. The rights issue is payable in full upon
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      • 90 3 KUALA LUMPUR Sistem Televisyen Malaysia (TV3) chairman Datuk Mohd announced on Saturday that TV3 would be building two more transmission stations to increase its coverage in Malaysia. Datuk Mohd said the new transmission stations and TV3's plans to move its office and main transmitting
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      • 79 3 KUALA LUMPUR A visiting marketing expert from Scotland recently commended Malaysian national car-maker, Proton Saga, on its marketing strategy. Professor Michael J Thomas of the Glasgow-based Strathclyde University's Marketing Department said the competitive prices of Proton Saga cars could gain the car a foothold in
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      • 53 3 KUALA LUMPUR Timah Langat Bhd has announced that Connectics (M) Sdn Bhd is now its wholly-owned subsidiary following an agreement signed early this month. Timah Langat said in the statement it had bought 10.4 million ordinary Msl (550.63) shares in Connectics, representing 49 per cent of
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      • 49 3 SINGAPORE In the Weekend Edition Feb 22-23 issue of BT, we wrongly reported that Keppel Finance is tapping the market for $100 million through a one-for-four rights issue. Keppel Finance is only seeking to raise $25 million from the exercise. We are sorry for the error.
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    • COMPANY BRIEFS
      • 123 4 DETROIT General Motors Corp chief Robert Stempel is Expected to offer additional details on the company's restrucuring programme when he speaks to employees today in a nationwide teleconference, sources at the company said. Mr Stempel is also expected to tell employees the
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      • 65 4 AMSTERDAM The International Water Tribunal last Friday accused the Benguet Corporation, a Philippine mining group, of "substantial ecological degradation" of the j\ntamok River Valley. The company, which runs three open pit gold mines, was accused by the Baguio-based Communities Development Centre Inc of dumping joxic
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      • 61 4 Berisford International pic is proposing to raise £14.8 million (5542.62 million) through a rights issue frf loan stock. The company said last Friday that it would f>ffer shareholders listed 10 per cent loan stock redeemable n April 199S on the basis of 1 nominal
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      • 101 4 LONDON Brent Walker Group pic will be unable to complete a crucial debt restructuring by this week as hoped, j'he company's chief executive, Ken Scobie, said last Friday that the timetable drawn up in January had slipped because bf the sheer size of the workload
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      • 97 4 LOWELL, Massachusetts Wang Laboratories Inc chairman and CEO Richard Miller has said the company is not aware of any development that would account for the recent trading activity and price rise in its stock. "We are encouraged by customer reaction to our strategy, and we
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    • 534 4 FT TOKYO Ricoh, the office equipment and camera company, and Omron, the electronic control equipment maker, have sharply lowered profit forecasts for the fiscal year ending next month. The two companies are joining a growing list of Japanese electronics companies facing
      FT  -  534 words
    • 245 4 HONGKONG Brierley Investments Ltd (BIL), in which Singapore government firms hold a joint stake, aims to invest in Hongkong's office property market as part of its expansion plans in the Australasian and Asian markets. The South China Morning Post quoted the general
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    • 216 4 UPI RANCHO MIRAGE, California Chrysler chairman Lee lacocca, who made headlines recently with his critical remarks of Japanese trade policy, was hospitalised on Saturday with chest pains cansed by a polled muscle he suffered while exercising. Mr lacocca, 67, walked into the Eisenhower Medical Centre
      UPI  -  216 words
    • 189 4 AFP HONGKONG Stelux Properties Ltd, a subsidiary of Hongkong-based Stelux Holdings Ltd, has announced the worldwide marketing of a multi-billion-dollar industrial property in Bangkok. The USSIO billion (5516.4 billion) Muang Thong Thani (Mi l) Bangkok Land project combines industrial and residential units, and
      AFP  -  189 words
    • 420 4 Reuter TOKYO Slumping volume and share prices on the Tokyo Stock Exchange (TSE) will force Japan's Big Four brokerages to cut their earnings forecasts for the year ending March 31, 1992, say company officials. A Daiwa Securities Co Ltd spokesman said
      Reuter  -  420 words
    • 503 4 MARKET TALK Budget and election cast shadow over market Reuter LONDON Britain's stock market bulls arj turning sheepish ahead of the fast-approaching UK Budget and election, as political uncertainty translates to market jitters. The FTSE 100 fairly roared ahead at the start of last
      Reuter; Spurce:  -  503 words
    • 370 6 FT PARIS The head of French food group BSN said Italy's Agnelli family has been surrounded in a bourse attack and will have to abandon control of mineral water group Perrier to BSN and Swiss food titan Nestle SA. Antoine Riboud
      FT  -  370 words
    • 417 6 5 US firms infringed patent on semiconductor packaging: govt panel UPI DALLAS Texas Instruments Inc announced another victory last Friday in its fierce campaign to protect its patented technology when a government agency decided five US firms had infringed its patent on semiconductor packaging. In
      UPI  -  417 words
    • 439 6 Reuter NEW YORK International Business Machines Corp will launch a new line of personal computers tomorrow, powered by its own enhanced version of Intel Corp's popular 386SX computer chip, sources close to IBM said. The enhanced circuit, based on one
      Reuter  -  439 words
    • 363 6 Reuter LAKE BUENA VISTA, Florida American Express will lower discount rates it charges some merchants in a move to improve the bottom line of the company's travel unit, which includes charge card and travellers cheque businesses, company officials told a meeting of
      Reuter  -  363 words
    • 555 6 NYT NEW YORK Time Warner Inc was bora of a vision that the future would belong to big, globally powerful companies capable of using their strengths to create new opportunities in the US and abroad. But since Time Inc
      NYT  -  555 words
  • Page 3 Advertisements
    • 65 3 THE PRESIDENTIAL SUITE BY HANS GEDDA Ak\^ 9HHbp "This picture was difficult because IT WAS IMPOSSIBLE TO SHOW THE WHOLE SUITE IN ONE SHOT. IT WAS EASY BECAUSE IT HAD CHARACTER." &£*s># —=> PHOTOGRAPHER A ANA HOTEL SINCAPORE The Classic Hotel 16 Nassim Hill, Singapore IO2S. FOR ENQUIRIES AND RESERVATIONS.
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  • Page 4 Advertisements
    • 246 4 April 9 10,1992 Fees: *****0 Members *****0 Non-members live in an era of fast change ■HVand volatile moods. More than Wf ever before, successful business strategies are those which are fast, fluid and flexible. This seminar wi help senior managers to use competitive and innovative approaches to develop a foresightful,
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    • 195 4 Fees:Ss22oo Members m dTfffrmoi *****0 Non-members acquisition or alliance route is by 1 companies However, many such arrangements disappoint in A delivering expectations because of management's failure to resolve practical issues. This seminar presents you with a rare opportunity to hear from a third party expert on the practical, real
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    • 93 4 /A SINGAPORE REPORT on the GROWTH TRIANGLE. Bomb-shell intelligence on the premier regional profit opportunity of the decade. You need to know the problems pitfalls as well as the opportunities. We tell you both sides of the story. Compiled in Singapore published, printed and distributed from the United States every
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    • 7 4 Market talk focuses on dividends, Pg 23
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  • Page 5 Advertisements
    • 247 5 As the chief architect of an entire range of spatial systems, worldwide helicopter market through the EUROCOPTER company. from today's satellites to tomorrow's orbital space stations, 70% of AEROSPATIALE'S turnover is realised in programmes AEROSPATIALE has, to date, sold 39 telecommunications and direct which involve cooperation of one sort or
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  • Page 6 Advertisements
    • 859 6 SSNPKMDBPNK ISTITUTO BANCARIO SAN PAOLO DI TORINO Head Officc: liirin, Italy. Singapore Branch: 20 Collyer Quay, #144)1/02, lung Centre, Singapore 0104. Consolidated Balance Sheet Consolidated Statement of Income As of December 31, 1990 For the year ended December ?1, 1990 in thousands Asscts of KCU in thousands °f Interest income
      859 words
    • 309 6 Malaysian property outloott^ ve,T992 J^. Dales: 3rd 4th March 1992 Venue: Ballroom, Ming Court Hotel. Kuala Lumpur Official Opening Keynote Address YB Datuk Leo Moggie Minister of Works mmmm CHMMiBWPBiBitMWNiutrt Tan Sri Dato' Ramon Navaratnam Chief Executive, Bank Buruh (M) Bhd Mr Jeffrey Ng Executive Director, Asia-Pacific Land Bhd Mr
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  • FINANCIAL NEWS
    • 538 7 AP LONDON A legal battle was brewing last Saturday over a US$35 million (5557.5 million) insurance policy on Robert Maxwell's life following a report that concluded the late British media magnate probably committed suicide. The policy covering Mr Maxwell's accidental death excludes
      AP  -  538 words
    • 352 7 FT LONDON The BCCI Depositors' Association has warned creditors not to accept a compensation offer worked out between the liquidators of Bank of Credit and Commerce International and its Abu Dhabi majority shareholders. Under the deal announced last Friday, BCCI bank creditors
      FT  -  352 words
    • 306 7  - BPI emerges as Philippines 9 leading underwriter From Al O Labita Jr in MANILA THE Ayala Corp-controlled Bank of Philippine Islands (BPI) emerged last year as the Philippines' leading underwriter, stock analysts said. The biggest BPI deal was the 300 million peso (5518.9 million) Cebu Equity Bond Unit. The bank
      306 words
    • 235 7 Reuter LOS ANGELES Talk about a takeover of First Interstate Bancorp could arise again but in all likelihood the bank holding company will focus on improving its performance and remaining independent, analysts said last week. The reason for the rumour revival is the expiration last
      Reuter  -  235 words
    • 594 7 HONGKONG Disagreements over the long-awaited central stock clearing system have Finally been resolved and the system should become a reality within three or four months. According to the South China Morning Post, the agreement reached at a recent meeting of the stock
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    • 455 7 FT LONDON Lloyd's of London, stung by a barrage of recent criticism, has asked Sir David Walker, chairman of the Securities and Investments Board, to direct investigations into alleged malpractices in the insurance market. Sir David, a member of the Lloyd's Council since 1988,
      FT  -  455 words
    • SMALL CHANGE
      • 82 7 HONGKONG Hongkong's Securities and Futures Commission (SFC) said it has approved a revised Code On Takeovers and Mergers, which it said would speed up and simplify consideration of takeovers. It said in a statement that the new code, which takes effect on April 1,
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      • 104 7 NEW YORK State regulators closed the Dollar Dry Dock Bank last Friday and named the Federal Deposit Insurance Corp as receiver. Most of its customers' deposits were sold to the Emigrant Savings Bank, a much stronger bank that has avoided the losses from real estate
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      • 65 7 OLYMPIA, Washington A senior Washington state lawmaker told Bank America Corp's Seafirst unit last week that legislators will closely weigh anti-trust issues and community investment before deciding the fate of a bill targeting its proposed merger with Security Pacific Corp. The bill is aimed at stalling any
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      • 76 7 RIO DE JANEIRO Brazil expects to reach a deal with the Paris Club of creditors this week, central bank president Francisco Gros said last Friday. Mr Gros was speaking before flying to Paris for the meeting, which is scheduled for today and tomorrow. Mr Gros
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      • 110 7 BRUSSELS Internationale Nederlanden Group seems to be falling behind in the race to win a banking insurance cooperation accord with Belgian Banque Bmxelles Lambert SA (BBL), analysts say. The reason a proposed BelgianSwiss accord with BBL has been submitted to the Belgian regulatory Banking and Finance
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      • 52 7 LONDON Troubled mortgage lender National Home Loans Holdings pic said it has named Jonathan Perry as executive chairman effective immediately. John Darby told the company's annual meeting last month that he intended to step down as chairman. The appointment follows the resignation of chief executive
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  • Page 7 Advertisements
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  • THE REGION
    • NOTE BOOK
      • 63 8 PHNOM PENH Prince Norodom Sihanouk, reacting yesterday to charges by at least two Cambodian factions that Vietnamese agents and troops remain in the country, said he would ask the United Nations Transitional Authority in Cambodia (Untac) to verify Hanoi's withdrawal immediately. The
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      • 66 8 MANILA Former judge Miriam Santiago, generally given a slim chance to win the May 11 Philippine presidential election, topped a nationwide survey released yesterday by Roman Catholic radio station Veritas. President Corazon Aquino's candidate, former Defence Secretary Fidel Ramos, was a poor fifth with 12.6
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      • 31 8 MANERPLAW Myanmar troops are poised to seize the capital of the country's anti-government resistance movements after six weeks of almost daily bombardment against key defence positions.
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      • 57 8 HONGKONG Trade unionists marched on government offices yesterday protesting against plans to import foreign workers to ease the Colony's acute labour shortage. Local legislators led hundreds of workers to submit a 40,000-sig-nature appeal to the Governor. The government recently announced plans to raise the ceiling
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      • 70 8 IPOH Unless the price of amang the non-extractable metal produced by the tin industry picks up again soon, Malaysia's amang industry could last for only seven years more, an industry official said yesterday. Quoting an example, Lee Swee Ching, secretary of the Association of Perak
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    • 285 8 Bernama KUALA LUMPUR The government will not entertain any request to review its move to phase out special discounts on electricity tariffs for the hotel and manufacturing sectors, said Malaysia's Energy, Telecommunications and Posts Minister Datuk Sen Samy Vellu. He added that
      Bernama  -  285 words
    • 326 8 HONGKONG Property agents in the British colony have backed Banking Commissioner David Carse in his bid to forestall any early relaxation of the 70 per cent limit on home mortgages, a Hongkong-based daily said on Saturday. Cental ine Agencies managing director Shih
      326 words
    • 587 8 AFP HONGKONG Asian regional centres are chasing Hongkong-based companies that are expected to flee the British Colony before China takes over in 1997 with Singapore and Sydney in particular alluring aspirants. Singapore looks better with regards to tax,
      AFP  -  587 words
    • 462 8 But critics fault him for not restoring full democracy after one year in office UPI BANGKOK Military leaders ousted the elected Thai government one year ago yesterday, vowing to wipe out official corruption and fashion "a better form of democracy". The generals
      UPI  -  462 words
    • 233 8 Reuter WASHINGTON American holders of copyrights asked their government on Friday to cite Taiwan, the Philippines, Indonesia and Poland as violators of United States copyright law. If cited in a list the US Trade Representative must compile by April each year,
      Reuter  -  233 words
    • 248 8 Reuter TAIPEI Taiwan will give preference in hiring overseas workers to South-east Asian nations that support its bid to join the General Agreement on Tariffs and Trade (Gatt), a leading economic daily said yesterday. "When setting a quota of foreign workers, we
      Reuter  -  248 words
  • Page 8 Advertisements
    • 82 8 Personal touch. Gracious living. Smiling, friendly faces await you at Liang Court Regency. Elegant apartments with residential touches. Superb amenities for recreation, entertainment, dining out and shopping at your doorstep. A choice location near exciting Orchard Road and the central business district. And most of all, that warm family atmosphere
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    • 244 8 ASIAN AEROSPACE '98 A special Business Times Survey February 88,1998 Asian Aerospace is acknowledged as the world's third-largest air show, at which more than 1,000 companies are expected to exhibit their high-tech wares. These firms will be on the lookout for buyers, and there will be no shortage of them
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  • THE WORLD
    • 640 9 Biggest disputes concern energy, banking, automobile, textile sectors NYT DALLAS The sixth major round of talks on a North American free-trade agreement ended on Friday here with no breakthroughs on the most politically controversial differences among negotiators, further lengthening the odds
      NYT  -  640 words
    • 375 9  -  From S N Vasuki in KARACHI A SIMMERING DISPUTE over job cuts at one of Pakistan's biggest steel plants is seen as a test of the 15-month-old Nawaz Sharif government's commitment to economic programme. Karachi-based, stateowned Pakistan Steel decided last
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    • 469 9 AFP PARIS Borrowing on world financial markets hit a new "historical record" of US$5lB billion (SSBSI billion) last year, a nearly 20 per cent year-on-year rise despite the Gulf War and the collapse of the Soviet Union, the Organisation for Economic Cooperation and
      AFP  -  469 words
    • 237 9 AP BEIJING Chinese and US negotiators are set to begin a fifth round of talks today on access to China's markets, the latest in a variety of bilateral trade disputes. Assistant US Trade Representative Joseph Massey was to arrive in
      AP  -  237 words
    • 480 9 Agencies WASHINGTON Attorney General William P Barr said that he expected the Bush administration to change its antitrust policy within weeks to allow the Justice Department to sue foreign trade groups that discriminate against US exporters. President George Bush's
      Agencies  -  480 words
    • 438 9 Package described as a sure-fire method of stimulating growth Agencies WASHINGTON President George Bush took to the airwaves on Saturday to generate support for his economic recovery legislation, saying that an alternative Democratic plan would "give you two years of pocket change in exchange for
      Agencies  -  438 words
    • WORLD WATCH
      • 98 9 WASHINGTON North Korea may be only months away from developing a nuclear weapons capability, the Washington Post reported in its Sunday editions. Despite recent moves by North Korea towards international inspection of its nuclear facilities, unidentified administration officials told the newspaper that
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      • 103 9 SEOUL The South and North Korean governments have agreed to back an industrial complex built by a southern company on northern soil, Seoul's Vice-Economic Planning Minister, Han Kap Soo, was quoted yesterday as saying. The English-language Korea Times said a working-level team from the South's
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      • 89 9 AMSTERDAM A forum on the environment, meeting here for the past week exposed a big gulf in standards between developed and developing countries, its members said over the weekend. The International Water Tribunal (IWT) said multinational companies often operated double standards and Third World countries frequently failed
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      • 75 9 NEW YORK The head of the largest public housing authority in the United States resigned on Saturday amid mounting scandals centring on allegations of lavish spending on trips and office redecorating. The resignation by New York City Housing Authority chairwoman Laura Blackburne whose spending habits
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      • 73 9 ISLAMABAD Pakistan and China have agreed to speed up the installation of a Chinese nuclear power plant in Pakistan, following an initial contract signed by the two in Beijing in December. The pact was made despite concern by some Western countries that Pakistan's nuclear programme
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  • Page 9 Advertisements
    • 108 9 ALCAN AUSTRALIA LTD USD 175,000,000 Transferable Loan Certificate Facility Agreement Dated 23rd December 1991 In accordance with clause 14 of the Terms and Conditions of the Transferable Loan Certificates (the "TLC's") notice is hereby given that the rate of interest in respect of an issue of USD 35.000,000 of TLC's
      108 words
    • 176 9 NEW ZEALAND'S MOST MODERN CONFERENCE HOTEL The 155 room Waipuna Hotel is ideally positioned in New Zealand's business capital, Auckland, to capitalise on the two growth areas of modern travel the business visitor and the holiday maker. A high class, purpose built business and conference fully equipped nationally certified commissary.
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  • ANALYSIS
    • 1215 10  -  The corrupt structure of Japanese politics will not change, and scandals will probably continue to unfold in the future, asserts Kotaro Akiyama Kotaro Akiyama Asahi LEADERS of the Japanese government and the ruling Liberal Democratic Party (LDP) held an informal party on
      Asahi  -  1,215 words
    • 902 10  -  The 1992/1993 Singapore Budget will be presented on Friday. It will be the first to be subject to the scrutiny of an Elected President with powers to check government spending. Anna Teo reports Anna Teo Budget day this year comes a little earlier than usual, on the
      902 words
    • 720 10  -  Dutch Foreign Minister Hans van den Broek tells Joseph Fitchett about European Community thinking on US-European relations Joseph Fitchett IHT The Bush Administration \Jseems set to make success in the General Agreement on Tariffs and Trade a litmus test of cooperation with the newly-strengthened European Community. Is
      IHT  -  720 words
  • Page 10 Miscellaneous
    • 61 10 DOONESBURY BY GARRY TRUDEAU Govern*, bkown, i i i HEirrni ARB YOU CONSIDER- I I m*Dunue i 1 fll. k.L' BS IMG nprppikki OUT I ANP MYPSOPI&SCAMPM6N. I TSLSPHONE tern?* 11l IJlllllll 'lll' I ■L I I PONT N£6P THE SUPPORT OF 016 I POISS? IP. MON£.Y.ICMSTILtGeT/HYMS-\ <=g ICBBY \J
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  • ENTERPRISE & MANAGEMENT 1
    • 766 11  -  Keith Mackrell explains the workings of scenario-planning for companies to Salil Tripatni Salil Tripathi WHAT would a manager do if the world truly becomes concerned by the depletion of ozone layer? If people begin taking the bicycle to work, turning vegetarian, using recyclable products, electing "green" politicians
      766 words
    • 841 11  -  Barbara Noble on a vital working woman issue Barbara Noble NYT FELICE Schwartz has been out talking to corporations about women's issues since 1958, and has felt herself to be on very sure ground for a long time. So when she decided to speak out
      NYT  -  841 words
    • 1355 13  -  Two British companies have taken the plunge in using upward appraisal, reports Fiona Thompson Fiona Thompson FT FROM time to time, John Ainley would turn and gaze out of his office window when listening to a colleague who had called in for
      FT; Source: Robert Mankoff  -  1,355 words
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  • Page 12 Advertisements
    • 102 12 4 &W WITNESS MEN SHOOT JIIRDIES, EAGLES AND THE RARE ALBATROSS FOR US$4OO,OOO c c ;#P Hi No, we're not encouraging cruelty towards other living beings. Because the birds we mean are the ones you'll find on the greens of the Bukit Course at The J Singapore Island Country Club
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  • Page 13 Advertisements
    • 321 13 UNBEUEMBLE NVESTMENT OPPORTUNITY M SOUTH PACIFIC TOURISM For an equaly unbelevable price tag YASAWA ISLAND LODGE, FIJI new resort with outstanding potential on one the most breathtaking the world. The most exclusive resort in South Pacific. complex boutique and reception. Large swimming pool, T 1 1 beach bar, water sports,
      321 words

  • SPORTS
    • SIDE LINES
      • 111 14 PHILADELPHIA Pete Sampras moved into the title match of the US pro indoor tennis championships for the third straight year last Saturday, taking a 6-4, 6-3 victory over sixth-seeded Brad Gilbert. Sampras, the 1990 US Open champion, was to face 16th seed Amos
        111 words
      • 95 14 OKLAHOMA CITY Top-seeded Zina Garrison fought off No. 4 seed Amy Frazier 6-4, 0-6, 6-4 last Saturday to advance to the finals of the US$ 150,000 (*****,000) Virginia Slims of Oklahoma. Garrison was due to face No. 3 seed Lori McNeil yesterday, the first
        95 words
      • 94 14 HONOLULU Lisa Walters, an eight-year LPGA tour player, tied a career best with a seven-under-par 65 last Saturday to tie the course record and give her a one-shot victory over Missie Berteotti and Kristi Albers at the Hawaiian Ladies Open. Walters finished with a
        94 words
      • 55 14 PARAPARAUMU, New Zealand Grant Waite shot a final-round 69 to win the U*****,000 (*****,400) New Zealand Open golf tournament by two strokes at the Paraparaumu Beach course yesterday. The Kiwi ended with a tournament record 16-under-par total of 268 to finish two strokes clear of Australians
        55 words
      • 79 14 SAN DIEGO Terry Norris sent Carl Daniels wobbling with a strong right and knocked him out at 2:37 of the ninth round last Saturday to retain his WBC superwelterweight title. The fourth-ranked Daniels, whose left eye had swollen shut in the eighth round, fell forward slightly
        79 words
      • 85 14 SAN DIEGO New Zealand defeated Ville de Paris by the narrowest of margins last Saturday to maintain the lead in the America's Cup challenge series second round. The race, run in fog and winds of just seven knots, sometimes dipping to four knots, took
        85 words
    • 565 14 Winter Olympics AP ALBERTVILLE The "bomb" went off too late. The marathon man started too slow. Instead of Italian "vivas", there was even more for Norway to celebrate last Saturday at an Olympics where it has nearly upstaged perennial powers Germany and the former Soviet
      AP  -  565 words
    • 341 14 AP COURCHEVEL The Olympic ski jumping competition has produced two clear winners: Toni Nieminen and the V style. The Finnish teenager who soars with his skis pointed out like wings became the youngest male champion in the history of Winter Games. Nieminen was
      AP  -  341 words
    • 275 14 Agencies MELBOURNE Opener Desmond Haynes scored an unbeaten 93 runs yesterday to help steer two-time champion West Indies to a 10wicket victory over Pakistan in its opening match of the World Cup cricket tournament at the Melbourne Cricket Ground.
      Agencies  -  275 words
  • Page 14 Advertisements
    • 53 14 Today, half the world's checks are processed by one computer company Whether you're working with dollars or ringgit, mpiah or haht, the computer is at the heart of JSI w or e r cus^°mers To learn how Unisys can help you, call us at 224 8333. UNiSYS We make it
      53 words

  • Page 15 Advertisements
    • 42 15 Congratulations and Best Wishes to A Jk AS/A PACIFIC TRAINING SIMULATION PTE LTD on the official opening of their training centre. CDC-Construction A member of Singapore n i Technologies Development industrial 3 Lim Teck Kim Road, #08-01 Singapore Techologies Building, Singapore 0208.
      42 words

  • Page 16 Advertisements
    • 823 16 NothingßeatsAßud. where to wine, dine Go Fbr Gift Certificates Gift certificates from King's Hotel are in handy $50 and $100 denominations. Ideal for all occasions, they can be used for rooms and at all F&B outlets. Corporate purchases of $500 or more entitles you to a 15Vo discount in the
      823 words
    • 234 16 WE VE JUST BRED A NEW WINNER at The Stables 1 KjfifcaJ The Businessmen's Derby Lunch A delectable choice of appetisers and soup, (WpjTjt, fbUowed closely by your pick from five delightful v J& main dishes and a selection of desserts Finish T r k with coffee or tea. Only
      234 words
  • Page 16 Miscellaneous
    • 395 16 TELEVISION AND RADIO ~W* T mr "cor 12 one of which the old man 4.00 NiOmM Yoa. piIQIWC^C/SM RAnttV Uncivil Marriages b ssjh^ksvl: OWlrtn—M StM.lUs.cp). t.M b|M*m g** IMmK MKMIJITWSmWJWKM Cm**. 6.00 Tamasya Aksi Mat Yayo at Utu Mcngtufai Ai-Ouran 0.55 PMOpening and Programs Paadaa (Pt 2, M, Children). *40
      395 words

  • THE ARTS
    • 897 17  -  Big-time ballet competitions are growing rapidly in number, but are they turning art into a sport? Anna Kisselgoff reports on the medal mentality in ballet Anna Kisselgoff NYT ART IS what ballet is about, and yet the talk this time of year is increasingly of medals, gold
      NYT  -  897 words
    • 885 17  -  Andrew Lim compares two recordings of Mozart's La Clemenza di Tito Andrew Lim MOZART earned 200 ducats for writing La Clemenza di Tito, an opera to mark the coronation of Emperor Leopold II as King of Bohemia. By 1791 standards, that was considered a handsome
      885 words
    • 502 17  -  Reviewer PY Van gives her verdict on the Singapore Symphony's latest offering. Held last Friday, the evening featured guest violinist Tatiana Grindenko PY Van THE Singapore Symphony Orchestra's concert last Friday was quite unforgettable, with Russian violinist Tatiana Grindenko cutting a striking figure on the concert
      502 words
  • Page 17 Advertisements
    • 252 17 AND ENTERTAIN (fetal Power Lunch; The most talked-about Business Lunch in town. In the classical ambience of a hunter's lodge... Daily Continental Buffet spread for lunch from 12 noon to 2.30 pm at $33.00++ per person. An extensive a la carte menu for dinner from 7pm to 10.30pm at $65.00++
      252 words
    • 40 17 7T« Traditional CANTONESE CUISINE Ho BEST HONG KONG DIAN XIN IN TOWN ■~L \\v. V China China Restaurant XvwO I Marina Bay Golf 4 Country Club M 2 6 Marina Green Singapore oioi. For Reservations Please Call ***** ii. UK*
      40 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4679 18  -  By Claire Leow TRADING in Clob-Malay-sian stocks dominated activity last week, as interest rate cuts and strong results released by finance companies stirred interest in the Malaysian stock market. Brokers said the impressive performance of finance companies reflected the health of the Malaysian
      4,679 words

  • 3018 19 SIA Foreign I960 +110 5.9% FAN 1030 +60 6.2% Inchcape 555 +55 +11.0% CMB Packaging 590 +50 +9.3% Roth Inds 50* 795 +50 +6.7% Jurong Ship 50« 1070 +40 +3.9% OCBC Foreign 1180 30 2.6% FAN Wt 215 +26 +13.8% Asia Pacific 1180 +20 +1.7%
    3,018 words
  • Page 19 Advertisements


  • KUALA LUMPUR STOCK EXCHANGE
    • 5227 21 Bernama FOREIGN FUNDS' interest in blue chips helped share prices to rise broadly higher last week in spite of intermittent profit-taking. The KLSE Composite Index rose 19.98 points over the week to close at 615.73 last Friday, while the Industrial Index firmed
      Bernama  -  5,227 words

  • BT SHARE INFORMATION SERVICE
    • 620 22 ■M Mrt Last U Vaar Faracact Mi M MNH EPS ■M Mr IPS Cm praft tap tap tmmi. WW* Ieh) (JIM) (SSa) (eh) MbpUk. I Feb 25 Jun 92 5.4 1.0 8,891 5.4—13.4 3.3—8.2 ms* F Feb 27 Dec 91 23.3 12.0 32,550 33 0—37 5 20 8—26.6
      620 words
    • 184 22 Ciwmt Date Year Graa# prt-Ui M aaraiags Grata m to praftt/tMS (L) par slur* iMiiai COM) (caats) Steamers Feb 21 Dec 91 110.974(11.575) 6.1(7.1) 8(8) C Properties Feb 20 Dec 91 810.555(111.828) 23 1(26.2) 50(40) Semantic Feb 20 Dec 91 $27,615(829.831) 19.2(19) 9(9) 0*C Bank Feb 19 Dec
      184 words
    • 508 22 Company Rights Issue Wwct Tat* OnHor-one >1.00 per stare Mai Issue of $90 9 78m normal amount of 3 5% Redeemable Unsecured Guaranteed Bonds 1991/96 with 45 489m detachable warrants on the bass of $2 nomnal amount of Bonds for every three existing stares held Every S2 normal
      508 words
    • 378 22 Cifiay Data HaW y—r fitwp pre-tax Maria aaa la praM/law (L) »Wia< rtM) Lmfu Feb 18 Dec 91 M$4,068($3,388) CoM Store Feb 17 Dec 91 $12.122(S19.171) 65N(6N) GK Gob Feb 17 Oee 91 13.772(15.091) Scot* Htdgs Feb 13 Dec 91 $3.726($1.313) 04(—) 8MT Jan 30 Dec 91 S697($600)
      378 words
    • 786 22 Mi tali Lart M T«r Cam- FM Mi tar W Cm M mm* m*c (cts) pr« M jw (SflN) ESS Final No* 6 Jul 91 10TE 17,8781 TwMn Final Feb 19 Dec 91 4.0 291L Sat Km Interim Mar 2 Jun 92 25.5 8.0 5,627 N Sorih
      786 words
    • 257 22 C»w»aay Data Yaar Graap Net Mat urtiip Cress mm ta praM/tos (L) par stare GM—i ('••0) (carts) Cerebos Feb 13 Sep 91 845,623j(838.9U) 14.8(12.8) 23 6TE(30TE) KL Kepong Feb 13 Sep 91 M864,883(862.895) 15.3(14.8) 15(15) NST Feb 10 Auc 91 M855,298(59,064) 30 9(33) 20(20) Asm Pacific Jan 24
      257 words
    • 249 22 Feb 19 Local construction firm Low Keng Huat (Singapore) Ltd plans to build its own corporate headquarters in five years' time. Feb 18 Penfkalen Hokfinfs Bhd is embarking on tourism and hotel-related projects in addition to its present ventures, including stockbroking, manufacturing, trading, investment and reinsurance. Feb 17
      249 words
    • 1467 22 Tram Rtflstiftd Irtiliillil Buy/ Sfearat Aaiaaat SkirtMdiip Stock Date HiWw Starthotdr Piractor Ml hmM Mor* Cbgt After Ckg* L&M 19/02/92 Street Names Guthrie lltg (S) Pte Ltd B 560.000 940,800 8.889.000 13.29 9,449,000 14.13 SPC 18/02/92 06S Nominees (Pte) Ltd Temasek Holdings (Pte) Ltd B 20.000 60,944
      1,467 words
    • 85 22 Muda Hotting* Bhd: EGM at the conference room, Ist Floor, Lot 7, Jalan 51A/241, ***** Petaiing Jaya, Selangor Darul Ehsan, on Monday, Feb 24, at 11am Mf Bhd: 19th AGM at the registered office, No 21 23, Jalan Hussein (Ground Floor), ***** Ipoh, Perak Darul Ridzuan, Malaysia, on
      85 words
    • 45 22 Conversion Special Trdg Scriptess Conversion deadline Period Trading Compnn> starts (IDP) (ST) stnrts Jacks Int Jan 29 Feb 20 Jan 29 Feb 20 Feb 21 Hni Snn Hap Apr I Apr 23 Apr 10 Apr 23 Apr 24 SPH NYA Ttanes Pub NYA
      45 words
    • 134 22 RECORD HIGHS LOWS CT Imlmrffi |h|Iam PT rn—inilfi |n|U v IIKIU5UUi5 IivOCa 01 WOTiposiW Man 1992 1545.92 (27/1/92) 1992 M* 1316.68 (21/2/92) 1992 1479.35 (2/1/92) 1992 tar 1232.84 (2/1/92) 1565.58 (3/6/91) 1991 N* 1333.08 (3/6/91) mi 1149.08 (16/1/91) 1991 tar 1022.52 (16/1/91) 1990 1607.12 (27/3/90) 1990 N£: 1435.43 (16/7/90) 1990
      134 words
    • 435 22 Carnal Ex tab D«ta TcMtar Tctal tar pajfMat Mi ctaM payafcta Om yar Int yaar MffFT 4.2%(•) Feb 7 Feb 21 Feb 28 7 7% 5 75% kmm Find USlOC(b) Mar 10 Mar 20 Mar 30 US10C US10C Altai 20c 12.5%TE Mar 3 Mar 13 May 15 17
      435 words
    • 327 22 In local ciht la S$ la US$ dy yr dy yr dy yr Feb 20 ladex chgt chge chg* chgt chgt chge World 399.6 0.6 -2.1 0.1 -3.9 0.1 -5.2 *EAFE 487.2 0.3 -3.0 -0.2 -6.4 -0.2 -7.7 Europe 433.0 0.3 5.3 -0.3 -1.0 -0.2
      327 words
    • 144 22 Company Rights Issue As Pac land Four toe-sewn MJO 50 per share Ei-date ton 3 Books dose ton 17 ft r a f DtUHfeAtfll C acceptance yayfneiH w d todu H Two-tor-one 0 SI 00 per share Ex-date ton 8 Books dose ton 20 Acceptance I Payment: Feb
      144 words

  • MARKET REVIEWS
    • 704 23 FT LAST WEEK was a difficult one for stock market analysts and reporters. It included a lot of external "noise"; an important Opec decision; a change in bank reserve requirements by the Federal Reserve; the New Hampshire presidential primaries; and the latest
      FT  -  704 words
    • 680 23  -  By Ray Heath THE DIVIDEND debate is now babbling at full spate through the stock market as the results season for companies whose trading year ends in December opens. Last year, the head of the M&G unit trust group, one of the most powerful investors
      680 words
    • ASIAN MARKETS ROUNDUP
      • 150 23 THE STOCK market remained morose last week with scant trading amid a cooled investment mood. The Composite Price Index closed last Saturday's half-day session at 640.96 points, down 6.75 points from a week earlier, with dealers saying that the market was undergoing a period of correction. Average daily turnover
        150 words
      • 242 23 SHARE PRICES fell during the week as local investors were wary of taking positions amid worries about possible political tension on the island. Extending a 4 per cent slide the previous week, the 265-issue weighted price index declined 73.04 points or 1.5 per cent to close at 4,950.37 points
        242 words
      • 192 23 SHARE PRICES continued their fall for the second straight week on the Jakarta Stock Exchange as the government showed signs that its current tight money policy would not be relaxed soon. The volume of average daily transactions slumped to 6.86 million shares worth 27.80 billion rupiah from the 12.63
        192 words
      • 191 23 SHARE PRICES continued to scale new heights last week as expectations ran high that the forthcoming federal annual budget would usher in a new series of economic reforms. The Bombay Stock Exchange Sensitivity Index, or Sensex, gained 132 points to close at a record 2,454.7 last Friday, while the
        191 words
    • 602 23 AFP •TOKYO BARGAIN-HUNTING in the last 30 minutes of trading last Friday lifted the Nikkei Stock Average and it closed handsomely ahead on the Tokyo Stock Exchange last week. The market's key barometer ended the week at 21,291.81 yen, up 407.95 yen or
      AFP  -  602 words
    • 462 23  -  Sun Hung Kai WEAKNESS on blue-chip covered warrants together with the collapse of the BCCI rescue scheme triggered prof-it-taking on the Hongkong market, which fell to an in-tra-day low of 4,681 last Thursday. The market managed to bounce back to 4,736 the next day
      462 words
  • Page 23 Advertisements
    • 320 23 r^INESSTII^S TELEPHONE: Toll free Tel No 737 0043 Fax No: 734 3608 NOTICE This is to inform (hot our Soles Executive, Mr Joduon Ng Kofi Seng (NMC NO. 175M04/C) is no long* in the employ of Ine Compony with effect from 21 February 1992. He is therefore not outhonsed to
      320 words
    • 288 23 NOTICE 1 This is to inform thot our Soles Co-ordinotor, Ma Undo Piling Chew Kfan (NMC NO. *****03/1) is no longer in ihi employ of the Company with effect from 21 February 1992. She is therefore not authorised to transact any business or colect any monies (or and on behalf
      288 words
    • 195 23 IN THE MATTER OF THE COMPANIES ACT, CAP SO AND IN THE MATTER OF OUAH TAN CONSTRUCTION PTE LTD (MEMBERS'VOLUNTARY UOUIOATtON) NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act Cap. 50 that a final meeting of the members of the abovenamed company will be held at
      195 words

  • WORLD STOCK MARKETS
    • Dow pulls back on computer-driven selling
      • Article, Illustration
        1489 24 STOCKS retreated from record territory in choppy trading last Friday on computer-driven sell programs tied to the double-witching hour and profittaking following the previous session's big gains. The Dow Jones Industrial Average, which surged 50.32 points to a record high of 3,280.64 the day before, eased 0.45 point
        1,489 words
      • Article, Illustration
        827 24 SHARE PRICES drifted lower in a lacklustre session on the London Stock Exchange last Friday, overshadowed by economic worries and the poor performance of the government in an opinion poll. The blue-chip Financial Times Stock Exchange 100-Share Index closed 1.1 points lower at 2,542.3 points. The Financial Times 30
        827 words
      • 222 24 SHARES closed mostly firmer last Friday but off their highs after lively trade dominated by the expiry of February options and futures series. Short-covering from the options exchange and scattered stock picking by investors boosted prices, traders said. "Buyers from the options bourse sent the EOE index up and
        222 words
      • 188 24 THE BOURSE remained firm last Fri- day as the DAX spot trend index ended the day and week at 1,717.63, up by 0.8 per cent from the Thursday close, while the Commerzbank indicator rose 0.4 per cent to 1,973.10. Operators said the market had followed Wall Street and Tokyo,
        188 words
      • 260 24 SHARE PRICES ended a moderately active session slightly higher last Friday. Dealers said trading had been hectic only in mid-morning when expiring Soffex options and futures hit the market. Prices made further headway from the outset after the SMI index of leading shares passed 1,800 points last Thursday, which
        260 words
      • 416 24 EXPECTATIONS of a cut in Belgium's short-term interest rates, following a 10-basis-point cut in a key Dutch shortterm rate, combined with a strong overnight rise on Wall Street and in Tokyo boosted Belgian shares in active trade, dealers said. rr "A cut in short-term rates would' boost the market,"
        416 words
      • 307 24 THE BOURSE enjoyed another winning session last Friday, as the CAC 40 stock price index opened with a 0.12 per cent rise and ended at 1,962.37, up 0.57 per cent from the Thursday close. That made a 5 per cent gain in one week, and the February trading month,
        307 words
      • 566 24 Other markets in Europe, South Africa and Canada Milan Feb 21 Lire Assitalia 8801 11 Bastogi 148 Fiat 4875 87 General i ***** 55 Ifi Priv ***** 80 (taigas 3560 Italcementi ***** 300 Montedison 1390 18 Mediobanca ***** 80 Magnet i 740 -8 Magnet i Risp 751 21 Olivetti 2879
        566 words
      • 75 24 INDICES TURNOVER Feb 21 (lose PrrrioiB USUI IJAAif NEW YORK Dow Jones 3,280.19 3,280 64 -0.45 SAP 500 411.46 413.90 -2.44 Turnover (million) 261.6 270.6 -9 LONDON Financial Times 30 1,982.9 1,989.4 -6.5 FTSE 100 2,542.3 2,543.4 -1.1 Turnover (million) 600 589.6 +10.4 FRANKFURT DAX Index 1,717.63 1,703.18 +14.45 AMSTERDAM
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  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 381 25 NEW YORK AP ISRAELI military clashes in southern Lebanon, economic problems in Germany and rising interest rates in the US combined to boost the greenback against major foreign currencies last Friday. Analysts said battles between the Israeli military and Palestinian forces in southern Lebanon
      AP  -  381 words
    • 771 25 ASIAN CURRENCIES AFP HONGKONG The US dollar gained strength in the Asia-Pacific region for a second straight week, moving up against all major currencies amid hopes of an economic upturn in the US. The greenback gained against the Japanese yen
      AFP  -  771 words
    • 380 25 Cross rates Feb 21 USS SS MS Dm Yen SFr AS NZS USS 1.6420 2.5900 1.6450 128.40 0.5705 1.4860 1.3254 1.8399 SS 0.6090 1.5773 1.0018 78.1973 0.3474 0.9050 0.8072 1.1205 MS 0.3861 0.63 0.6351 49.5753 0.2203 0.5737 0.5117 0.7104 Dm 0.6079 0.9982 1.5745 78.05 0.3468 0.9033 0.8057
      380 words
    • 525 25 Interbank rates S$ Bid Offer Overnight 3 3/8 3 1/2 1-month 3 1/4 3 3/8 2-month 3 1/4 3 3/8 3-month 3 1/4 3 3/8 Overnight mode: 3-7/16 LSS High Low 7 days 4 3/16 3 1/8 1 month 4 3/16 3 1/16 2 months 4 3/16 3
      525 words
    • 637 25 Reuter PARIS Fading chances of a quick relaxation of the Bundesbank's tight monetary policy will prevent European Monetary System members from pushing through the deep interest rate cuts their flagging economies need, say economists. Some small cuts may be possible, as the
      Reuter  -  637 words
    • 479 25 Reuter ZURICH Ask a Swiss franc bond trader how the benchmark bond is faring, and he or she will gladly reel off half a dozen different yields, before gently warning you they don't really mean too much anyway. The trick to reading the
      Reuter  -  479 words
    • 259 25 Reuter STOCKHOLM Sweden's central bank has said that it entered currency forward transactions to diminish reported weekly currency flow figures late last year, but said the action was needed to prevent unjustified concern in markets. "The total outflow for the three last reporting
      Reuter  -  259 words
    • 455 25 Prime lending rates BANKS ABN Amro Bank NV 6* ANZ Banking Group 7 Allied Irish Bank PLC 7V. American Express Bank 7 Arab Banking Corp 7V. Arab Bank PLC 6V. BFCE 7 Ban Hin Lee Berhad 6 y« Banca Com mere tale 7 Banco do Brasil 7V,
      455 words
    • 147 25 COMEX GOLD FlITUtES (100 oz) USS/oz Open High Low Settle Change Feb~92 351.90 352.30 351.40 351.20 Mar 351.50 -2.30 Apr 353.00 353.50 351.50 352.50 -2.20 Jun 355.00 355.70 353.70 354.70 -2.10 Aug 357.80 357.80 355.80 356.90 -2.00 OcT 359.10 -1.90 Dec 362.20 362.50 360.70 361.50 -1.80 Feb 93
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  • COMMODITIES
    • 1180 26 frjUjaWWiW-W jwMW.'MifrW 11 rnWHW-W*. K.W>»P»Wlll»WWWI Rubber mS(t*tw >dn) S cents/kg Int 1 RSS Close Feb 17 128.75 Feb 18 128.75 Feb 19 129.25 Feb 20 130.75 Feb 21 131.50 MtEU (W» fcai—) M cents/kg Int 1 RSS Close Feb 17 210.00 Feb 18 208.50 Feb 19 207.50 Feb 20
      1,180 words
    • 452 26 Reuter LONDON Recent sharp rises in nickel and aluminium prices reflect confusion over Russian supplies, and have little to do with any consumer revival, say dealers. Early last week, London Metal Exchange (LME) nickel hit a six-month high of U558,245 (S$ 13,522) a
      Reuter  -  452 words
    • 262 26 Reuter CARTAGENA, Colombia Delegates of major industrial countries were sceptical or cautious about Colombia's proposal last week to convene a world conference on low international commodity prices. Addressing the United Nations Conference on Trade and Development (Unctad), Colombian Foreign Minister Noemi Sanin
      Reuter  -  262 words
    • 908 26 REPORTS LONDON North Sea Brent crude prices fell back last week after Opec's agreement on an immediate 5 per cent cut in the output of member countries to just under 23 million barrels per day (mbd). The reduction was at the bottom end
      908 words
  • Page 26 Advertisements

  • 1213 27 c*y fhm ra nnht rro city fum et* ragt no Ml BMW GA892 0015 UkmMMf 0192 0635 AMaMa SQ228 2040 SQ227 2130 MM! SQ418 1245 kmmm RJ182 1440 RJ183 2320 ***406 OS'S lautiriii SQ23 0700 GA892 0015 KM KlaifcaM MH63I 1520 MH630 0950 K1841 1400 KL842
    1,213 words
  • THE TRAVEL PAGE
    • 579 27  -  POSTCARD FROM MANZANILLO By Nicholas Woodsworth Mexico is like any part of the world where holiday-makers come for warm ocean water and sunny beaches: leave the coast and head inland and in a surprisingly short time the traffic, crowds, bars, restaurants, hotels, condominiums and time-share apartments disappear.
      579 words
    • 153 27 As at 3pm on Fab 21: Load dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2329 1.2496 Canadian dollar 1.3721 1.4000 NZ dollar 0.8825 0.9182 Sterling pound 2.8674 2.9062 US dollar 1.6400 1.6480 Load dollars to 100 «nits of foreign currency Austrian
      153 words
    • 56 27 Duration Title Venue Organiser Tel Mar 12-22 International Turin, Italy Torino *****569 1992 Home Exhibition Esposizioni S.p.A Mar 25 Pension Piccadilly, Le Meridien ********** Duration Title Venue Organiser Td 1992 Trusteeship London Hotel, London Training Day Mar 28 International Bari, Italy Fieri Del (39)WV446S62 Apr 5 Fair
      56 words
  • Page 27 Advertisements
    • 45 27 It's amazing the lengths Finnair goes to for 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 Kate Barope from Mart ta taak.
      45 words
    • 24 27 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
    • 43 27 THE LAST DAYS OF SUDIRMAN m I <fl rap -J^V« y^H H mfcfS 'WW* Norenshah Sahari and photographer Mohd Ishak track across three Malaysian towns and piece together the last days of Asia's No.l entertainer. Pictures and reports. Today at Lunch-time. N[w jj^g|
      43 words
  • Page 27 Miscellaneous
    • 261 27 10 A name that might suit one bly anti-Italian (8) 13 Pull off and you hear maiden voyage (7) 17 Sign at the bottom or top and bottom the score squeeze TIB"" 21 He's against but could be jy—"" pro the attitude adopted in j j _L—l—_L—■ 22 Grant that
      261 words
    • 162 27 Singapore Outlook: Fair. Report Maximum temperature 32.2 Assoc humidity 60% Minimum temperature 23.8 Assoc humidity 91% Hours of sunshine 10.80 Rainfall in mm Nil Rainfall this month 62.4 Rainy days this month 4 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 24/18 Cloudy Bangkok 34/23 Clear Beijing 04/-3 Clear Brunei 32/23 Fair
      162 words
    • 27 27 THCte. roust be to life. S»QH( THRN PUN AND GfiPTES MINE-TO P\VE,...SU3G- SLOG.. I v S^S ss l SLOG,, <1 q c AMOCUTCD tCWtMFCIt* ITO.. IM2-IMI V
      27 words

  • 518 28  -  Ministry of Economics and Finance to be split into two From John Helmer in MOSCOW RUSSIAN PRESIDENT Boris Yeltsin has ordered the reorganisation of his economic policy administration. In a decree signed on Feb 19, but not yet publicly released, Mr Yeltsin has decided
    518 words
  • 238 28 Reuter MOSCOW The former Soviet army celebrated its 74th birthday yesterday in the throes of an identity crisis and accused of involvement in inter-ethnic conflict. The anniversary, traditionally marked by fireworks and revelry, took place at a time of political wrangling over whether
    Reuter  -  238 words
  • 247 28 NYT WASHINGTON A delay by the US in approving a large funding increase for the International Monetary Fund (IMF) motivated in part by election-year politics is threatening to upset the West's efforts to provide billions of dollars in aid to
    NYT  -  247 words
  • 244 28 Agencies BEIRUT Shiite Muslim guerillas withdrew a token force of about 200 gunmen from south Lebanon yesterday after agreeing to halt rocket attacks on Israel and its self-proclaimed security zone in Lebanon. But an estimated 800 guerillas remain in battle-scarred border villages in
    Agencies  -  244 words
  • 208 28 Reuter WASHINGTON US President George Bush's popularity has fallen to the lowest level of his presidency and is well aider 50 per cent for the first tine, two aatioaal polls released over the weekead show. The polls also suggested that Democrats as a whole
    Reuter  -  208 words
  • 228 28 Reuter CARTAGENA, Colombia A leading United Nations development body has agreed on what officials say are historic reforms aimed at adapting it to the post-Cold War world and at countering criticism by industrial countries. "It's a historic change for the institution," said
    Reuter  -  228 words
  • Page 28 Advertisements
    • 377 28 CHARTPOINT Every Saturday in Business Times AUCKLAND HIGH YIELDING MODERN OFFICE INVESTMENT MCDONNELL DOUGLAS BUILDING Initial yield 13.1% at asking price. 4 levels of strata offices and 2 basement levels -built 1988. Freehold. Site area 28,664 sf. Fully let to two international tenants on long leases. s7^\ Predetermined rental of
      377 words
    • 23 28 ICHARTPOINT Every Saturday in Business Times Consumer nations wary about call for commodity conference, Pg 26 Bush defends his economic plan, Pg 9
      23 words

  • SHIPPING TIMES
    • 304 29  -  By Rahita Elias SINGAPORE A Far East Levingston (Fels) subsidiary has been awarded four more licences by the American Petroleum Institute, a recognised standards authority in the offshore industry. Oil-Equipment Manufacturing's fabrication shop, which was awarded the licences, is now
      304 words
    • 390 29 AFP SINGAPORE Govern-ment-controlled Keppel Corp Ltd, buoyed by record profits, is stepping up its drive to set up a network of shipyards stretching from the Middle East to the Philippines. Keppel Shipyard, a Keppel Corp unit, is bidding for a dockyard in Colombo
      AFP  -  390 words
    • 347 29 Contract by Viet-Soviet joint venture worth $1.3 m contract SINGAPORE Sembawang Maritime Limited's (SML) shiprepair division has clinched a second contractfrom oil company VietSovPetro. The contract is worth $1.3 million. The Vietnamese-Soviet joint venture, has commissioned the yard to repair its two Vietnamese fire-fighting vessels the
      347 words
    • 245 29 SINGAPORE Singapore Automotive Engineering (SAE) has launched the first new Opel model here since H secured the sole distributorship from US-based General Motors earlier this month. The new model, called the Opel Astra, is the successor to the Opel Kadett and it
      245 words
    • 851 30  -  Founded in 1688, Lloyd's of London has been synonymous with insurance. Recent events, however, have cast doubts on its business practices. Hester Abrams looks at what the future may hold for this insurance giant Hester Abrams Reuter LONDON Lloyd's of London, the world's biggest insurance market housed
      Reuter  -  851 words
    • 900 30 FREIGHT market rates continued to fall and there was little news to lift spirits, brokers said on Thursday. However, they said Thursday's six-point fall in the Baltic Freight Index to 1,260 was less pronounced than losses in recent days. One said he believed the market may bottom out
      900 words
    • 768 30 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
      768 words
    • 1199 30 Pace Col ABC Containerize 12 1 Accord Group 8 1-3 Ahrenkiel 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 IS 5 Arrow Int 9 4 Asian Break-Bulk 16
      1,199 words
    • 7804 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      7,804 words
    • SHIPS IN PORT
      • 541 45 Quartan Vessel toy Wo Berth Anfrd Departure Marina Tw inhul 1 iurong Port Batam Baru B128 M04 24 02/0900 25 02/2300 Artte Dawn t8 along** 24.02/1200 Batam Mum *****2 M05 24.02/1000 25.02/0500 Batatas J5 24.02/1500 Batam Saying *****2 M05 2402/1000 25 02/0500 Calayan ins J12 ator*side 2402/2300
        541 words
      • 973 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booti«/B*nc« Mb Ship Voy No Etb/Btr Mod From To From A Venture 03/254 25/2300 1 23/1500 23/1659 23/1900 2 23/1700 24/0659 24/0900 4 24/1200 24/1459 24/1700 ACX Lotus 22A 25/1100 2 23/1700 24/0659 24/0900 3 24/0700 24/1159 24/1400 ACX
        973 words
    • 645 46 Reuter BONN Three European firms plan to set up an aircraft consortium during the next few weeks to build a new family of regional jet aircraft, Deutsche Aerospace AG (Dasa) deputy management board chairman Johann SchaefTler said. The new company, Regioliner GmbH,
      Reuter  -  645 words
    • 375 46 UPI LOS ANGELES Aerospace giant Northrop Corp has held preliminary talks with Sumitomo Coip about working together on transportation projects, a Northrop spokesman said on Friday. "We're looking at them and they're look at us, but it is very preliminary right now," said Northrop
      UPI  -  375 words
    • 170 46 Reuter STUTTGART, Germany Mr Manfred Gentz, the management board chairman of Daimler-Benz Interservices AG (Debis), financial services unit of Daimler-Benz AG, plans to boost sales to nine billion marks (Ss9 billion) by 1994 from last year's 5.95 billion. In an interview with
      Reuter  -  170 words
    • 227 46 UPI Katmandu The Nepalese government has broken the monopoly of strike-plagued and financially struggling Royal Nepal Airlines, allowing for the first time three private carriers to operate some domestic routes, officials said on Saturday. The government, trying to sell off 55 state enterprises, also has decided
      UPI  -  227 words
  • Page 29 Advertisements
    • 310 29 --<' ?^lBl[lilPMMiiiißW IHl^^Hl^HEtttifißiiPl Expanding your activities abroad? We're the right people to call. If you're stepping up your business activities in Europe We work with dedicated agents who can devote their full of the most advanced logistics systems ever developed. H For more information please contact or Asia, talk to
      310 words
    • 209 29 THE SPECIALIST *t e Wire Rope Sfingt Uihinfl ft Mellltali MTnrtvtc EM a Imt FAdLTTJMS av Lifting IMfntngoiAiDiiomY (Ri) LUX —pt—iiui«oCf»—wai«Mf SUMMARY Insuring a future for Lloyd's of Lirmhrn LLOYD'S of London, the world's biggest insurance market housed in a futuristic steel and glass building in the heart of London,
      209 words

  • Page 30 Advertisements
    • 108 30 ANNOUNCEMENT M PT. BAHANA UTAMA LINE (A MEMBER OF DWIMA GROUP) WE ARE PLEASED TO ANNOUNCE THAT OUR DEDICATED INTRA-ASIA FULL CONTAINER LINE WILL EXTEND ITS SERVICE TO SINGAPORE WITH ITS FIRST VESSEL CALLING HERE ON 10TH MARCH 1992. INITIALLY THERE WILL BE 3 SAILINGS PER MONTH. ROTATION: KEELUNG KAOSHIUNG
      108 words
    • 8 30 tor advertising enquiries, contact Shipping Times, let 740-2089/740.2090
      8 words

  • Page 31 Advertisements
    • 2444 31 OOCL (8) PTE LTD JAROINE SHIPPING AGENCIES *****11 *****09 All If# BOOKINGS TEL: *****234 *****58 TERMINAL/CFS TEL: *****218 220 PDfiAfldn PESAK A JAROINE SNIPPING AGENCIEB SON. BNO. L \SSSF A m PORT KELANG TEL *****18 FAX *****91 *****88 n<w4iMl<w4 n.,«llfc, PENANG TEL: *****4 FAX: *****1 CfS TEL: *****6 =11^ Dedicated
      2,444 words
    • 1709 31 TRANSPORT DIARY Mar 10-14: Cruise Shipping 92 Conference A Exhibition, organised by Seatrade at Miami Beach Convention Centre, Miami Beach. Florida, USA. Mar 19: New International Trade Terms and Rules of Shipping Practices Seminar, organised by Elim Management Services. For details, please contact tel: 292-5670 or fax: 298-1804 COURSES Mar
      1,709 words
    • 1431 31 ■E3iwm NEXT SAILING TO MIDDLE EAST OCEAN BLESSINC VOY 113W ETA SIN 27/2/92 VMM Voy I ETA I ETD IMa by DESTINATIONS Johanna to TMa weak Marchan Meerak 9204 ■H.W.UHffIfWICTaiIIMILn I.lBnj^M^TTTaWWfnil CY 3/3 oaoo HRS Port CFS 2/3 2350 HRS Kalang Panang OAK LOB HOU MEM ATL MM CHS BAL
      1,431 words

  • Page 32 Advertisements
    • 1392 32 R'DAM/ VOY NO S PORE JEDOAH S'HAMTON H'BURG ANT LE HARVE HAMBURG EXPRESS 07/108 27/2 7/3 21/3 17/3 16/3 '9H|B| KATSU RAGI^ SS VX 18/3 20/3 23/3 24/3 10/109 5/3 14/3 28/3 24/3 23/3 10/309 8/3 25/3 27/3 30/3 31/3 *IWESTBOUND 23/110 12/3 21/3 4/4 31/3 30/3 PORT KELAM# Oi
      1,392 words
    • 708 32 SEABPAC SERVICE MRECT SOUTH PACFIC SERVICE SIN MOU SUV PPT IMPERIAL 3202 EB 23-28/2 12/03 IS/03 20/03 PALE MBANG 3301 EB 25-27/3 7/4 10/4 14/4 Transit Time (13) (16) (22) ALSO ACCEPTMG CARGO WA SUVA TO: LAUTOKA. PAGO PAGO. APIA. NUKUALOFA. P. «U FASTEST SERVICE TO CWLE/PEWJ SIN VAP SAI
      708 words
    • 1655 32 I IBwiiwa turn* MMM REGULAR INDEPENDENT FULL CONTAINER SERVICE Z WESTBOUND FOR EUROPE WL/WY SM ALG BCL HAN BRE ROT ANT FR \M>- ft («U (MA V ALG) HAM) ROT) 4 JAPAN SEA 150W 24/02 lfi/03 11/03 21/03 23/03 24/03 25/03 29/93 27/03 Z CHMA SEA 151W 01/03 23/03 25/03
      1,655 words

  • Page 33 Advertisements
    • 1933 33 fW mt STRAITS SHIPPING PTE LTD aw 15 Hoa Chiang Road #09-01 Sanford Building r* Slngapora 0208 Tai: *****88 Fax: *****17 IjM J|fj 9 filMilJmiJljVtWtlUVtl r A*fl *1 *IIIJM 31 |^^2^JyUAaIIH3MUriiUUU3aKfifIMUMHHB2U^Hi 2 ACCEPTS OIK SUS CAWO •imc mmrm SHAfTS $TM MX Hurl, Skin, Ttw 24 fik 24 Ft 6 21
      1,933 words
    • 2469 33 lU\| SINGAPORE AGENT: PXtO PAfltainPl*6 P4O Containers (Singapore Agencies) Pit Ltd JL 9 1$ Hoe Chiang Road #08-02 to 06 Sanford Building, Singapore 0206 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 W 'W\ CR Number: **********0Z '"!'!il lvl l 1 11 1 1 ""ll! 1 11
      2,469 words

  • Page 34 Advertisements
    • 525 34 CR NBR **********0- D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/VOY S PORE ROAM ADAM H'BURG BREMEN ANTWERP MATARAH, 31W8 28/2 2/4 6/4 10/4 16/4 SIWAJAYA/34!ffl 12/4 15/5 20/5 24/5 27/5 MJTAI/25W8 26/4 29/5 3/6 7/6 11/6 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO tuto|«ct to twducuxwt AI«o accepting cargo
      525 words
    • 1284 34 OHANJIN SHIPPING 25 VSL UNI HAUL 18 OAR mm SM |UK HAUL SAV LM NYC 1222 i'l CT 22/3 25/3 nSHRMRD UT 2S3N 24/2 M PROMMENCE «21E 2/4 J/4 5/4 1/3 5E 25/3 1/4 HAMJBI OCJUI7* 2/3 II OTVOM 039E J/4 10/4 12/4 15/3 KCT 5/4 8/4 HARJR KNANGYANG 08CE
      1,284 words
    • 1152 34 fxl Jd I rPT3"iT^"^k I.- KSC NK6 KIG W WT OSR NCT AC TTO LAX CNI m wr n§ ami mm im an m an Mp I II sua «mo "vj */j j/j if/? ivi if'? JKJ /J JJ n/4 n/« 22/4 n/« a/4 a/« s/s is/si»/» an I Urr
      1,152 words

  • Page 35 Advertisements
    • 1425 35 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 fAREAST SE R V (CE *****31 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 NEPLINE SDN BHD MALAYSIA
      1,425 words
    • 474 35 [Jtimor iTi »72 I [C<MMB6 BREMEN 2/3 KEELUNG 29/2 HAMBURG 2/3 KARACHI 1/3 LEHARVE/LONDON 3/3 «ONG 29/2 MADRAS 27/2 FELIXSTOWE 3/3 ULmk CHTTTAGONG 29/2 GENOA 29/2 19/2 CALCUTTA 27/2 MARSOLLES 29/2 SUSAN 29/2 Liiiij ROTTERDAM 3/3 MlMlif fTTMIMi^M BANGKOK 21/2 JAKARTA 29/2 STW€Y 27/2 PORT KELANG 29/2 MELBOL*NE 2/3 KOBE
      474 words
    • 975 35 SINSOV SINGAPORE SOVIET SHIPPING 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 CONTAINERBHIP SERVICES EASTBOUP—OBCHMONG WOTBOUO—IOAOW6 TMWSHfftD WA ROnBPMI »OT |w |m it
      975 words

  • Page 36 Advertisements
    • 1574 36 il K kl AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W W ITEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/^9 I v I Bi m MALAYSIA: "K" LINE MARITIME (MALAYBIA) SON BHD I Ai TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 ■■■■i KAWASAKI KISEN KAISHA, LTD INDONESIA:
      1,574 words
    • 1057 36 PHILI-ORICNT LIN€S PT€ LTD 4^ 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA.... Jffilr IVE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AumuLwtmw zeauumouth PAanc fcvlcl same* 29 FEB SYDNEY, MELBOURNE. BRISBANE. FREMANTLE
      1,057 words

  • Page 37 Advertisements
    • 1041 37 2sss j9#a PACIFIC INTERNATIONAL LINES (PTE) LTD UmttM 140 Cec Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO. 100eQ*****QE I (BANSKOK"~ '...iMJ Es"i«w, r, j;: "r, ™°'"iu,A T. JSIJA TJMJAI "'I 1" a KOZINTBCV ISN 17/1 1/1 8/1 12 PEGASUS PROGRESS TOON */l 2/3 0/1 EQUATOR^MAS KOTA MNTANG
      1,041 words
    • 1157 37 EacßenV FOASSGONDUNER TRANSPORT FEEDER VESSEL PENANG P KELANG OCEAN VSL/VOY SIN SOU <1) RTM (2) HAM (3) GOTT^T ANSON/TBN 21/2 22/2 SELANDIA 2072 25/2 13/3 15/3 16/3 18/3 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 30/3 ?74 ANSON/TBN 13/3
      1,157 words
    • 489 37 MYANMA \BBBk FIVE STAR UNE w (Myanmar National Una) Loading for Yan«on (Rangoon) S port P.KIc Pen P.Gdf MYOMAYWA VI4OW 3/ 5 Iter 29/2 Mar AVA VI 1«W 7/ 5 M» HPA-AN VI74M 12/15 Mar PAGAN VIBOW 11/21 Mar 41 TNI RANK UNE (Agorvtcoof Andrew Wok Shipping) Vi SEMI-COMTAINER SERVICE
      489 words

  • Page 38 Advertisements
    • 596 38 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS WMtl MY n IK M COSMC TUMI 23 24/1 21/2 SOU Ittfl! 2$ 1/3 22/1 «iaa mm 22 22/2 29/2 tmjom mm i« 2/3 MUM 1 2/3 4/1 SMI Ml 41 4/1 «/l uu iuia* 11 2/1 1/) HUM
      596 words
    • 76 38 S pore P.Kelang Loading for I ■DS PIONEER 26/2 2/3 Rdm/Atw/UK/Nantes/Sete ETHNOS 10/3 14/3 Casabtanca/Rdm/Flusl*ng/Atw/UK FIRM 15/3 IS/3 Rd<n/Atw/UK/Nantes S'pore Loading for I Im HUI 2/3 Dubai/Doha/Dammam/Kuwait I RISER 10/3 Dubai/Bahrain/Dammam/Kuwait I HpUMA 10/3 Aden/Hodeidah/Jeddah I HIiSE 15/3 Hodeidah/Jeddah/Aqaba/Port Said I S'pore Loading for HbE TANA VIS Los Angeles/New Orleans/
      76 words
    • 139 38 KEfiy LCL samia 1 AM C WW BEIJING• CHANGCHUN• CHANGSHA 111 A \Z 111/ VI 'I I I CHENGDU• CHONGQING• FUZHOU |[m I V II MA V I II \GUILIN HARBIN KUMMING XIAN ■m| I ml > mm |4 H manning •quanzhou^shekou |I mi A |m 111 SHENYANG SHENZHEN WUHAN
      139 words

  • Page 39 Advertisements
    • 1142 39 ■j^S NEDLLOYD GIVES YOU EUROPE EXPBESS PKG PEN OCEAN VESSEL SM LEH(3) RTM(I) HAM(2) BRV FU SOU GOT VESSEL At PJtg fm *»k Sn SDiyi Auckland F*(A) Timaru LyttHton(B) Dun«to(B) Nap«r Wofrgton(C) Tavanga V* Bhum/559 -B. Seroja/830 22/2 20/2 N. Asa/2022 25/2 14/3 15/3 17/3 18/3 16/3 17/3 18/3 N
      1,142 words

  • Page 40 Advertisements
    • 768 40 TO AUSTRALIA/NEW ZEALAND pi jsto iFraxi IkWk |Srd Audi INPE |P CHUM MMTW\ I 288 4/3 18/3 «75 18/3 24/3 78/1 EILE* HUMS 2*7 11/3 25/3 *71 2/4 «/4 H7* 288 11/4 19/4 23/4 27/4 3/5 5/5 e. BSS mT" n/i 175 a/s ia/s i«/» 1575 TO USA/CANAOA OL [sin
      768 words
    • 857 40 EXPORTS TO HONGKONG. TAIWAN, MANIA I JAPAN "TWCC NEKLT" MALACCA STRAITS SERVICE OUTBOUND VOT WL PEN «T ISM I MNL W6 KAO Kit TTO TOK ag NCO KOO II VESSa VOT |SM IrW.FOIM.WSW ACI ROSE 240 192 *212 '21.2 25 2 21-2 2.3 IJ 7J 7.3 8-3[ ACT MM 730
      857 words
    • 147 40 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA ETA 91M FOOT KELANG FOAM BLUE MOE 10/3 loatfmi tor Malt MNAIHUDMU 5/3 Loadmi tor Calcutta DOLFHM 1/3 27/2 loadM| For Male WED SUPREME 5/3 loa<M| For Mak DONMCUUO 10/3 Loaded Far Fetaara PROGRESS ÜBERTT Sadad In Part Sadad Loadmi
      147 words
    • 1670 40 fwl tSlis* it •>> U «S? CHINA OCEAN SHIPPING COMPANY PULL CONTAINER LINER SERVICE MAUTM-S worn: SINGAPORE'S GENERAL AGENTS ■BOW** MOT* CHUNG CHIAO SMPPfftG SON BHD COSTAR SMPPtNG PTE LTD P T. GLOBAL PUTRA W. TE: *****91/17 FAX: *****92, ***** m INDONESIA MARITME r RUNG Ttt 3CHI9C/I 111 :IM *****
      1,670 words

  • Page 41 Advertisements
    • 536 41 (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES LIMASSOL/PIREAUS 23/2 ROTTERDAM 23/2 HAfA/ASHOOO/ALEXANORIA 23/2 HAMBURG/BREMEN 23/2 MARSEILLE/FRANCE 23/2 FELIXSTOWE/UK 23/2 BARCELONA/SPAIN 23/2 LEHAVRE/ANTWERP 23/2 GENOA/ITALY 23/2 j GOTHENBURG/SCANDINAVIA 23/2 LOS ANGELES/WC/IPI 23/2 SYDNEY/MELBOURNE 29/2 NEW YORK/EC 23/2 FREMAWTLE 25/2 VANCOUVER 23/2
      536 words
    • 838 41 STMCHFreEoTSABSF7ScBcIf^S^TE^fII TEL: *****33 (12 LIom) m PAX: *****16/*****03 lObI TELEX: R8 ***** RI6HIP (3 LinM) \\W\ ETHIOPIAN SHIPPWG LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA LOADING FOH SPOBE ABYOT 28WB 30/03 OAAESSALAAM. MOMBASA DJIBOUTI ASSAB MASSAWA ABBAY WON 2 32W8 25/04 OARESSALAAM MOMBASA DJIBOUTI
      838 words
    • 395 41 ,JAKAFTA BANGKOK BENIA BUM 22% 27J32 23 02 S»l BHUM' 414W In 122 29/92 01/Q3 MAHA BHUM# 07W 1M K/02 Sat 21/02 WU* BW< 23S 04/03 07/03 MRU BHUM## 17W Fri 2>/Q2 Mi 02/03 MA B** I 1335 07/03 10/03 MWT* BHUM 79* to Ql/Q3 W* 04/03 BCNJA BHUM 24S
      395 words
    • 324 41 I tnshk VSL VOY SMGAPORE MADRAS SMGAPORE VESSEL VOY SM IMA SM TIGER SPEED 152* M PORT 01-03/03 09-10/03 T«ER SHARK 09N 27-20/02 05-07/03 13-14/03 TIGER BRDGE 193 M 02-03/03 00-10/03 10-17/03 VSL VOY SMQAPORE/CALCUTTA/SMQAPORE VESSEL VOY SM CAL SIN TIGER RIVER 145CM8 20-27/02 04-00/03 14-15/03 EAGLE BREEZE 000 02-03/03
      324 words

  • Page 42 Advertisements
    • 1699 42 S'PORE IMPORT:' *****11 I PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 P£N PK SIN 28/2 29/2 1/3 l dn/n*/Rfim/»nt Cokxnbo 28/2 29/2 1/3 25/2 h iii ffiSs?' o*'0*' 27/3 Pt Klant 22/2 23/2
      1,699 words
    • 1072 42 I THONG SOON LINES PTE. LTD. Mi 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: ***** M FAX NO: *****11, *****22 WMBw TLX: RS ***** CARR IEB. RS ***** JENHOL CABLE: TOSOCO WEBT MALAYSIA vessel wi let* Ikst rasa hi gwt KIM SOON LI 47/92E 26 FEB PENANG
      1,072 words

  • Page 43 Advertisements
    • 827 43 COMPANIA PERUANA TOEA DE VAPORES "PERUVIAN STATE LIT ACCEPTMG BREAK BU.K/FCL/SOC CARGOES TO/FROM CALL AO, MATARAM, 10* t OTHER PERUVIAN PORTS' WTHT/S AT KOBE ON CPV THROUGH HLL OF LADMG. VSV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAXBULK/SOC CARGOES TO/FROM ROBE. YOKOHAMA, NAGOVA. MON. TOKYO*, MMBLA*. DAY AO*, N«l'
      827 words
    • 501 43 ICZ3Z I M~ESI N.AMERICA/CARRIBEAN SERVICES hvd. hot tm hMiuo low |lai tai |w |wc fcw 71 MfmnuUt tnMimrc I** 71 I <y u/< u/< I 1 7 m TOKQWUM B VI rn SB Bf 1/1 I"" yt hy* ft* 7 jmAL- mpa IjMITMM p Ul/4 BM 81/1 P/4 EA/4 71
      501 words
    • 448 43 MULTI-MODE 90PP1M) PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCULCL DUBAI. OAMMAN SHARJAH DOHA. MUSCAT. BAHRAIN. ABU OHABI. BANDAR ABBAS. JEDOAH FAR EAST ACCEPTING FCL/LCL PENANG P/KELANG. JAKARTA, BANGKOK. HONG KONG. TAIWAN. JAPAN. MANILA. KOREA UK/EUROPE ACCEPTING PCL/LCL LONDON. FELIXSTOWE, LEEDS. TILBURY. ABERDEEN, LE HARVE. HAMBURG ROTTERDAM ANTWEP. GOTHENBURG. COPENHAGEN 4 ALL
      448 words
    • 545 43 jhiuMWililMtiiii ASEAN/CHINA SERVICES WSffl. MP PK PNG r. GUDANG RTN FOE q. SHAN 83/03 HUANGPU/SHANGHAJ p. GU 14/03 DALIAN/QMGDAO MADRAS/COLOMSO/BOMBAYKARACHI SERVICES MP PR PNG YANGOON RTN FOE V. TM6 2S/02 RAAACM/COLOMBO V. TANG 2S/03 COLOMBO SMQAPOREAfIADRAS/MNGAPORE FCULCL SERVICES MP MU TIN IHI/02 24-20/S2 TEN 10-20/02 2*20/02 TEN 27 28/02 EM7/EJ
      545 words
    • 437 43 SM HI EAST 2/3 KEELUNG/KAOHSIUNG 1/3 BANGKOK 28/2 MANILA/CEBU 1/3 JAKARTA/BELAWAN/SURABAYA 1/3 PORT KELANG/PENANG/E. Malaysia 2/3 BUSAN 2/3 TOKYO/YOKO/KOBE/NGO/OSA 28/2 HONG KONG SM CNHM 28/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DAL lAN/SHANGHAI/XIN GANG TIANJIN/QINGOAO/HAIKOU also accepting LCL cargo SM EMUPt/W 29/2 LON/FLX/LVP/SOU 29/2 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumama/Poland/Bulgaria/Czech. SIN USA;
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  • Page 45 Miscellaneous
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