The Business Times, 26 February 1992

Microfilm: NL17798
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    13 1 BUSINESS TIMES THE BUSINESS PAPEfc&ar&EASIA MITA (P) 35/12/91 Wednesday, February 26, 1992 75*
    13 words
  • NEWS SUMMARY
    • Article
      China notes progress in trade talks with US
      66 1 BEIJING Negotiators made "some progress" in Sino-US trade talks that concluded yesterday on reducing China's import barriers, the official Chinese media reported. A statement on the evening TV news said: "The two sides further clarified their positions and achieved some progress on
      66 words
    • Article
      Kim II Sung unlikely to give up power official
      44 1 SEOUL North Korean leader Kim II Sung will not hand over the reins of his communist nation to his son Kim Jong U anytime in the near future, a top South Korean official said yesterday.
      44 words
  • MARKETS SUMMARY
    • Article
      Dow lower
      29 1 WALL STREET stocks opened down yesterday, with the Dow Jones index of leading industrials dropping 10.06 points (-0.31 per cent) to 3,272.36 five minutes after trading opened.
      29 words
    • Article
      Footsie higher
      52 1 LONDON shares were flat at mid-session yesterday, the market coming off earlier highs after the Bank of England failed to follow a 0.2S per cent cut in Spanish interest rates with an easing of British monetary policy. At 1200 GMT, the FTSE 100 Index stood at 2,560.3, up
      52 words
    • Article, Illustration
      STOCK INDICES
      30 1 Taofey Chute BT-MGA 718.55 -6 75 Kuala Lumpur ....602.29 -8.57 Tokyo 21,025.55 +52.31 Hongkong 4,760.20 44.58 Sydney 1,640.9 +13.9 Moariay Chang* New York 3,282.42 +2.23 London 1.999.7 +16.8
      30 words
    • Article
      CURRENCIES
      22 1 Dtchwif rates US$ SS 1.6430 100 Yen SS 1.2697 MS SS 0.6334 Money market rates Overnight 3-3/8 unch 3-month 3-3/8% +1/16
      22 words
    • Article
      COMMODITIES
      36 1 London Cold AM fix US$350.65 US$1.65 S pore Mar 134.00»/k« 2.25 Kfsia Mar.... 209.00*/Jcg +0.50 KL Tin Turnover 60 tonnes -37 Spot M$I4.30/k« -0.01 Credo pokn oil Turnover 828 lots -275 Mar M$90l /tonne unch
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  • Article
    UOB group tapping market for up to $450m
    485 1  -  Two companies issuing five-year bond-cum-warrant issues By Magdalene Ng SINGAPORE In one of the biggest fund-raising exercises ever, the UOB group is tapping the capital market for up to $450 million to finance its expansion plans. United Overseas Bank Ltd and associate
    485 words
  • Article
    STI index loses 22 points
    301 1  -  By Salil Tripathi SINGAPORE The benchmark Straits Times Industrials Index bowed to the combined pressure of poor results, low expectations about growth in the last quarter and reports of a US$3 billion lawsuit filed against Bank Bumiputra in a California Court. It settled at 1,493.27,
    301 words
  • Article
    SBC joins NZ station in talks on buying HK network
    289 1  -  By Sangeeta Mulchand SINGAPORE The Singapore Broadcasting Corporation (SBC) has linked up with state-owned Television New Zealand (TNZ) to explore possibilities presented by a troubled Hongkong-based satellite television service. Sources say the acquisition of Business News Network (BNN), which has
    289 words
  • Article
    Top businessmen to brainstorm
    231 1  -  By William Chia SINGAPORE More than 70 top businessman from the Institute of South East Asian Business (Asean Institute) will begin a three-day meeting tomorrow on the Malaysian resort island of Langkawi. They will discuss joint ventures and business opportunities. Asean Institute executive director Ranjit Gill
    231 words
  • Article
    Lock icon GM posts biggest loss
    320 1 Reuter DETROIT General Motors Corp has reported a U554.45 billion (557.30 billion) loss for 1991, the biggest in US corporate history, and has told 16,000 workers they will lose their jobs in its bid to return to profitability. The loss at the world's largest vehicle-maker caps
    Reuter  -  320 words
  • Article, Illustration
    Businessmen ask for a generous Budget
    378 1  -  By Kenneth James SINGAPORE A generous Budget will help Singapore stay competitive in a slowing world economy, say business representatives and professionals who believe that wellselected tax breaks, incentives and subsidies will reap significant returns, immediately and in the longer term. The comments came
    378 words
  • Page 1 Advertisements
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      494 1 W• Typewriters Fax Machines 9 Laser Printers Dot-Matrix Printers 1 9 Electronic Lettering Systems I Call 743 8000 for further details UOL profits down NET earnings for UOL, the property arm of the United Overseas Bank group, fell 20.3 per cent to $32.01 million for the year that ended Dec
      494 words
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      Page 1 Advertisements Column 2
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      Page 1 Advertisements Column 3
      16 1 We're in the business to equip you with the best golf equipment. ECEoeeo^zi Analysis, Pg 13
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  • PAGE 2 NEWS
    • Article, Illustration
      Vast opportunities for partnerships in Asia-Pac: BG Lee
      363 2 Asian Aerospace '92 SINGAPORE International investors have opportunities to set up partnerships and joint development projects in the Asia-Pacific as the region's countries are entering the aerospace industry as manufacturers and suppliers, said Deputy Prime Minister Brigadier-General (Res) Lee Hsien Loong. Speaking
      363 words
    • Article, Illustration
      Manila orders 8 Defender choppers
      183 2 Deal valued at about USslo.sm SINGAPORE The Philippine Air Force (PAF) has ordered eight McDonnell Douglas MD-500 Defender helicopters valued at about US$lO.5 million (5517.25 million) to beef up its existing fleet of 22 Defenders in the battle against insurgents, the manufacturer announced yesterday. The
      183 words
    • Article
      Indon aircraft maker concludes three deals
      338 2 SINGAPORE Indonesian aircraft manufacturer PT IPTN yesterday concluded three deals on the opening day of the Asian Aerospace '92 display, including a contract to buy propeller systems from UK-based Dowty Aerospace. Dowty Aerospace will supply the propellers for IPTN's (Industri Persawat Terbang Nusantara) new
      338 words
    • Article
      Rafale to be made available to Asean
      194 2 SINGAPORE The new generation French Rafale fighter aircraft will be made available to the Asean air forces in the future, said French Defence Minister Pierre Joxe. In an interview with BT, Mr Joxe said the future of French defence sales in Asia was
      194 words
    • Article, Illustration
      Consortium backing Taiwan Aerospace bid
      277 2 SINGAPORE The financial powers behind Taiwan Aerospace Corp's bid to buy a 40 per cent stake in Douglas Aircraft valued at USS2 billion (553.3 billion) include a cash-rich consortium of Taiwanese investors such as China Steel and half-a-dozen unnamed companies, it was revealed yesterday. Robert
      277 words
    • Article, Illustration
      Rafael reveals Popeye, Long Star secrets
      174 2 SINGAPORE Rafael, a leading armaments manufacturer and one of the bigger exhibitors from Israel, yesterday revealed some "secrets" at the opening day of Asian Aerospace '92. For the first time, the company has put on display a picture of an Israel Air Force F4
      174 words
    • Article
      S'pore-UK commercial ties will improve further
      178 2  -  Reports by Harish Mehta, Selva Kumar, Alec Almazan, Carolyn Lim, Juliette Walker, Ang Wan May and Clarissa Tan SINGAPORE Lord Raey, British Undersecretary of State for Industry and Technology, has forecast stronger business ties between the UK and Singapore. In an exclusive interview with
      178 words
    • PLANE TALK
      • Article
        SIA orders simulator from Redifusion
        59 2 SINGAPORE Singapore Airlines has become the latest carrier to order a US$B million (5513.1 million) flight simulator from US-based Redifusion Simulator, a member of the Hughes Aircraft Company. The full flight simulator, to be delivered in mid-1993, represents the cockpit of a Boeing 747-400 aircraft
        59 words
      • Article
        HAL projects US$10m in export sales
        74 2 SINGAPORE Indian aero engineering company Hindustan Aeronautics Limited (HAL), one of the largest of its kind in Asia, is projecting total export sales of US$lO million (S$ 16.4 million) for its financial year 1991/92. Sales for the last financial year amounted to atx>ut US$7.5
        74 words
      • Article
        Canadair expects to sell 25 amphibians
        87 2 SINGAPORE The Canadair Group of Bombardier, Inc is projecting to sell 25 of its new CL-415 turboprop amphibian with an approximate total value of C 5625 million in the Asia Pacific over the next 10 years. According to the company, the new CL-415 turboprop
        87 words
    • Article, Illustration
      Fical to sell part of operations to Stanchart
      519 3  -  By Chew Eng Han SINGAPORE US banking group First Interstate Bancorp (Fical) has agreed to sell off its international banking and treasury businesses primarily in the Asia-Pacific region to UK-based Standard Chartered pic. The proposed sale, which is still subject to contract
      519 words
    • Article
      Lock icon Taiwan eases freeze on fund inflows
      276 3 Reuter TAIPEI Taiwan's central bank has partially lifted its controversial freeze on flows of equity investment funds into the island, executives of foreign securities companies said yesterday. Foreign institutions were being allowed to remit money into Taiwan in small instalments of several million US
      Reuter  -  276 words
    • Article
      Thriving business in Pakistan-India 'carrier' trade
      467 3  -  From S N Vasuki IN KARACHI THOUGH official trade between traditional rivals Pakistan and India is still at meagre annual levels of US$5B million (Ss9s million), sources have told BT that unofficial trade transacted through so-called "carriers" is set to touch as much as
      467 words
    • Article
      Lock icon Airline deal may hinge on China's MFN status
      421 3 Reuter SINGAPORE Renewal of most favoured nation (MFN) trade status for China by the United States will be the key to a planned multi-billion-dollar deal by McDonnell Douglas Corp (MD) to produce and sell airliners in China, a McDonnell Douglas official said
      Reuter  -  421 words
    • Article
      Lock icon New chapter in Cardan case
      246 3 Shareholder files USs3b claim against Bank Bumiputra Bernama LONDON A US$3 billion (554.9 billion) claim for damages has been filed against Bank Bumiputra Malaysia Berhad by a minority shareholder of the collapsed Carrian empire in Hongkong. The claim was filed at the Federal Court of
      Bernama  -  246 words
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      380 words
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  • Page 3 Advertisements
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        New NTU course in hospitality management
        90 4 THE Nanyang Technological University (NTU) will offer a Master's degree in Business Administration for Hospitality Management training on a part-time basis. The aim is to retrain senior staff in the hotel and tourism industries. The NTU said yesterday it would also conduct courses at
        90 words
      • Article
        Closing date for award extended
        124 4 THE Rotary Club of Singapore and the Association of Small and Medium Enterprises (ASME) have extended the closing date for the joint Small Scale Entrepreneur Award 1992 to March 31. They have also announced the panel of judges, headed by A J Ph Haitsma, chairman
        124 words
      • Article
        Record intake of Poly students
        91 4 THE Singapore Polytechnic will admit a record number of new students this year. The total intake of 5,000 for the academic year starting in July is 600 higher than expected. The total enrolment for full-time and part-time courses for 1992/93 will be 18,000. The higher
        91 words
      • Article
        Mitutoyo to set up new building
        73 4 THE marketing arm of Mitutoyo Corporation, a world leader in the manufacture of precision measuring instruments, has invested $16 million in its own building at Kallang. The building will house Mitutoyo Asia Pacific's service centre, software centre, sales and administration departments, a showroom and
        73 words
    • Article, Illustration
      Lock icon Total of $7.85b collected by IRD last year
      306 4  -  By Kooi Cho Teng THE Inland Revenue Department raked in $7.85 billion or nearly a fifth more in taxes, duties and other fees last year, thanks to rising incomes and a better collection process. Of these, income taxes remained the biggest grosser,
      Source: Inland Revenue Department  -  306 words
    • Article, Illustration
      Final meeting before Unced
      509 4  -  Tommy Koh hopeful that key issues will be settled By Nirmal Ghosh PROFESSOR Tommy Koh flies to New York this Saturday in his capacity as chairman of the Preparatory Committee for the United Nations Conference on Environment and Development (Unced), scheduled in Rio de Janeiro in
      509 words
    • Article
      Giltsharp appoints Irish franchisee
      357 4  -  By Sangeeta Mulchand LOCAL blade and scissorsharpening franchise Giltsharp World Rights has appointed a franchisee in Ireland, soon after entering the UK market via the same route. The two-year-old company also wants to market its image and products in Malaysia, Indonesia, France and Holland by the
      357 words
    • Article
      Telecom exploring ways to help Kazakhstan
      245 4  -  By Rahita Elias SINGAPORE Telecom is exploring ways to help Kazakhstan improve its international telecommunications system following Senior Minister Lee Kuan Yew's visit to the country last year. A spokeswoman from Singapore Telecom said: "(Such assistance) will require detailed discussions with the Kazakhstan Ministry
      245 words
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      Page 4 Advertisements Column 1
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      87 words
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      Page 4 Advertisements Column 2
      111 4 I ft y FOR SALE NEW LANDMARK OFFICE BUILDING FULLY LEASED TO LONG-TERM BLUE CHIP TENANTS. r-i f sr Superior location overlooking FULLY LEASED LONG TERM Western Australia's Parliament (5 to 12 years) TO: House and the Perth CBD. AUSTRALIAN GOVERNMENT i ii (Bureau of Meteorology) 77,121 square feet nett
      111 words
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  • COMPANY NEWS 1
    • Article
      UOL posts poorer results after record performance in 1990
      430 5  -  Net earnings down 20pc to $32m By Sylvia Wong SINGAPORE After a record performance in 1990, United Overseas Land Ltd (UOL) yesterday reported a disappointing set of figures for the financial year to Dec 31, 1991. Net earnings for UOL, the
      430 words
    • Article
      Hotel Plaza posts 57pc rise in group earnings
      238 5 SINGAPORE Hotel Plaza Ltd, the hotel arm of United Overseas Land, has reported a 57 per cent jump in group earnings to $10.86 million for the year ended Dec 31, 1991. This creditable performance was achieved on a group turnover of $62.86
      238 words
    • Article
      Guthrie GTS raises stake in L&M to 36.5 pc
      242 5 SINGAPORE Through a subsidiary, Guthrie GTS Ltd has acquired 411,000 more shares in L&M Group Investments Ltd, boosting its stake in L&M to 36.5 per cent. Its wholly-owned subsidiary, Guthrie Manufacturing (S) Pte Ltd, has bought 400,000 more L&M shares at
      242 words
    • COMPANY BRIEFS
      • Article
        Sanryo, Tampere dispose of Citic Pac shares
        70 5 SINGAPORE Pacific Carriers Ltd announced that its subsidiaries, Sanryo Company Ltd and Tampere Corporation, have sold all their shares in Citic Pacific Ltd. Sanryo sold all its remaining 20.97 million shares at HK$2.5O (550.52) a share, while Tampere sold 9.67 million shares at
        70 words
      • Article
        Boustead shares picked up
        56 5 SINGAPORE Permata Merchant Bank said that Lembaga Tabung Angkatan Tentera (LTAT), the Malaysian armed forces superannuation fund, has decided it will take up 36.72 million Boustead shares together with 18.36 million Boustead transferable subscription rights. This followed an announcement last month when these two lots were
        56 words
      • Article
        K Investment to take up shares
        67 5 SINGAPORE K Investment Pte Ltd, the major shareholder for Keppel Finance Ltd, said yesterday it would take up its full entitlement of the finance company's one-for-four rights issue. This represents an interest of 74 per cent or 16.95 million rights shares. Keppel Finance has
        67 words
      • Article
        Ashton Mining profit falls
        61 5 KUALA LUMPUR Ashton Mining Ltd of Australia, an associate company of Malaysian Mining Corporation Bhd, has announced a decrease in pre-tax profit and abnormals of A 550.5 million (5562.3 million) for the year ended Dec 31, 1991 from A 560.1 million in the previous corresponding period.
        61 words
    • Article
      Gedong sees synergistic potential in Causeway
      321 5  -  By William Chia SINGAPORE Causeway Investment Ltd's new substantial shareholder, Gedong Properties, sees good growth potential and synergy in the former's core industrial gases and welding equipment business. Gedong Properties, which acquired a 12-per cent stake comprising 6.58 million shares in Causeway last month,
      321 words
    • COMPANY BRIEFS
      • Article
        Allied Group drops merger proposal
        146 6 HONGKONG Allied Group Ltd (AGL) has said it has dropped its twice-revised proposal to merge with its Allied Properties (HK) Ltd, Allied Industries International Ltd and Asia Securities International Ltd units. This is due to an investigation into the price movements and trading volume in
        146 words
      • Article
        Showa Shell sees higher profit
        114 6 TOKYO Oil refiner and distributor Showa Shell Sekiyu KK has raised its group current profit forecast for 1991 to 45.5 billion yen (SSS7B million) from a March forecast of 26 billion yen, a company official said. It has also raised its forecast for net profit
        114 words
      • Article
        Tokyu cuts 1991/92 forecasts
        102 6 TOKYO Tokyu Department Store Co Ltd has cut its earnings forecast for the year ended Jan 31, 1992, and said it will record a small net extraordinary profit for securities transactions in that period. Tokyu expects parent current profit of 9.52 billion yen (Ssl2l million), against
        102 words
      • Article
        Canon's profit falls 15pc
        104 6 TOKYO Japan's Canon Inc said on Monday that its net consolidated profit fell 15.1 per cent from a year earlier to 52.2 billion yen (***** million) in the year, citing a stronger yen and stagnant markets abroad. The diversified top cam-era-maker, which relies on overseas sales
        104 words
      • Article
        Japan's Cosmo sees 27b-yen loss
        101 6 TOKYO Cosmo Securities Co Ltd expects to post a net loss of 27 billion yen (***** million) in the year ending March 31, after agreeing to pay a total of 36 billion yen to restaurant operator Skylark Co Ltd in compensation for damages to settle
        101 words
    • Article
      Lock icon Japanese firms to pay US$2.7m in bid-rigging case
      232 6 AP WASHINGTON Ten Japanese electronics companies have agreed to pay the US government US$2.7 million (554.4 million) to settle claims that they rigged bids on telecommunications contracts, the Justice Department said on Monday. The settlement with the 10 firms comes 10 months
      AP  -  232 words
    • Article
      MBf Finance to take 35pc stake in Aust-Wide
      397 6  -  By Florence Chong in SYDNEY MALAYSIA'S largest finance company, MBf Finance Bhd, has agreed to purchase 35.3 per cent of one of Australia's largest listed fund management and property services companies, Aust-Wide Group Ltd, for A 56.32 million (557.77 million). The deal
      397 words
    • Article
      Lock icon PNB may allow some banks to extend ASB loans
      263 6 Bernama KUALA LUMPUR Permodalan Nasional Bhd (PNB) may allow certain banks to extend loans to investors of the Amanah Saham Bumiputra (ASB) scheme, said chief executive Datuk Abdul Khalid Ibrahim yesterday. "We are negotiating with the banks," he said, after the
      Bernama  -  263 words
    • Article
      Sime S'pore reports better profits, warns of tough times ahead
      477 6  -  By Lee Han Shih SINGAPORE After forking out $108 million last August for a rights issue, shareholders of Sime Singapore were yesterday given some not-so-pleasant news. Results released by Sime showed that while profits had gone up from the Gulf
      477 words
    • Article
      Lock icon Hitachi, Matsushita cut forecasts
      444 6 Reuter TOKYO Two of Japan's leading electronics companies, Hitachi Ltd and Matsushita Electric Industrial Co Ltd, slashed their profit forecasts yesterday, adding to the industry's misery. Matsushita lowered its group pre-tax profit forecast for the year to March 31, 1992, to 340 billion yen (554.3 billion),
      Reuter  -  444 words
    • Article
      Lock icon Telecom NZ sees growth in Australia, Indonesia
      543 6 Reuter AUCKLAND US-con-trolled Telecom Corp of New Zealand is looking to expand into Australia, Indonesia and potentially Vietnam but does not expect to take stakes in any of the region's telephone utilities. Telecom, the major player in New Zealand's deregulated telecommunications market, sees
      Reuter  -  543 words
    • Article
      Thai firm gets nod to set up mill in Laos
      185 6 BANGKOK Thailand's Siam Cement Group (SCG) has been given the nod to undertake a paper and pulp project in Laos. The Bangkok Post on Monday quoted Laotian Prime Minister Khamtay Siphandone as saying the agreement came over the weekend after
      185 words
    • Article
      Lock icon IBM's top brass may get pay cuts
      427 7 Reuter NEW YORK IBM's terrible financial performance last year, its worst ever, is coming home to roost among the computer-maker's top executives. The company said on Monday that the compensation it paid chairman John Akers and four other members of its management committee
      Reuter  -  427 words
    • Article
      Lock icon IBM-Apple joint venture names management team
      183 7 NYT SAN JOSE, California Taligent Inc, the software joint venture between Apple Computer and International Business Machines Corp, outlined its senior management team and board members at a news conference here on Monday. As expected, Joseph Guglielmi, a vice-president from IBM, was named chairman
      NYT  -  183 words
    • Article
      Apple develops voice-command computer
      375 7 SAN FRANCISCO Apple Computer Inc has made a significant breakthrough in the race to develop a computer that responds to voice commands, company officials said on Monday. Apple has been demonstrating a new and still developing technology recently that could allow people to use ordinary voice
      375 words
    • Article, Illustration
      Lock icon Improvement for GM's fourth quarter
      692 7 Net loss of USssl9.Bm posted in last quarter of 1991 NYT DETROIT Excluding all extraordinary charges, General Motors Corp's fourthquarter net loss of U*****.8 million (*****.5 million) represents a significant improvement from the fourth quarter of 1990. GM on Monday reported a fourth-quarter net loss
      NYT  -  692 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      111 5 w^Jir^^r-:* fIL When Workplace can b« in ploc« within wnks. Workplace is one of the most technically advanced office furnishing systems in the region. With Workplace you get the best of all woHds: unique American design features, top-quality imported materials and fine workmanship, all backed up with Singapore delivery and
      111 words
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      177 6 Travel 92 W-.' *v= •>* With the quality of life rising and the TheStraitsTlmes wandering lust still very much alive within March 13,1992 Singaporeans, the travel industry looks set to scale new height. And tapping into this fertile a*--*#. turf, TRAVEL 92 Fair will see a giant display of Lianhe
      177 words
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      59 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        County NatWest Australia back in black
        105 8 SYDNEY Investment bank County Nat West Australia Ltd yesterday said it returned to the black in calendar 1991 with an after-tax profit of A$ 11.5 million (5514.4 million). County Nat West, which began in Australia in 1985, had made a loss of A 5500,000
        105 words
      • Article
        Lloyds Bank NZA posts profit
        107 8 SYDNEY Lloyds Bank NZA Ltd, 100 per cent owned by Lloyds Bank pic, yesterday said its net profit in calendar 1991 was As7.B million (559.75 million) compared with a A 561.9 million loss in 1990. Its chief executive and director, David Clarke, said the turnaround
        107 words
      • Article
        Writs against Lloyd's agents
        117 8 LONDON A lawyer said on Monday that he would serve some 400 writs against agents of Lloyd's of London the next day to stop them from drawing down members' deposits held at the insurance market to meet claims. Michael Freeman said he would issue the writs
        117 words
      • Article
        Daiwa, Tokyu Land settle suit
        115 8 TOKYO A Daiwa Securities Co Ltd spokesman yesterday said a local newspaper report that the securities firm had agreed to pay property developer Tokyu Land Corp 3.5 billion yen (Ss44 million) to settle a court suit brought by Tokyu Land over investment losses "appeared to
        115 words
      • Article
        Absa, Sankorp agree on merger
        93 8 JOHANNESBURG Amalgamated Banks of South Africa Ltd (Absa) and Sankorp Ltd, a division of Bankorp Ltd, yesterday said Absa and Bankorp have agreed to proceed with their previously announced merger but on revised terms. They said in a joint announcement that they agreed to the
        93 words
    • Article
      Lock icon Westpac looks into allegations of rigged forex deals
      257 8 Reuter SYDNEY Australia's biggest bank Westpac Banking Corp has asked an accountancy firm to investigate allegations by a former internal investigator of mismanagement in the bank's foreign exchange dealing room. "We have asked them to examine the transactions in the memorandum (by
      Reuter  -  257 words
    • Article
      Lock icon Bad debt provisions hurt NatWest profit
      372 8 Bank turned in pre-tax profit of £110 m last year Reuter LONDON National Westminster Bank pic yesterday reported 1991 pre-tax profit of £110 million (*****.6 million), down from £540 million in 1990. Chairman Lord Alexander said the outlook for the current year was closely
      Reuter  -  372 words
    • Article, Illustration
      Lock icon Chicago's futures exchanges test electronic trading cards
      446 8 Reuter CHICAGO Chicago's futures exchanges began testing hand-held electronic trading cards yesterday, a move that should increase surveillance of market activity. The test of the Automated Data Input Terminal (Audit) at the Chicago Board of Trade (CBOT) and the Chicago Mercantile Exchange (CME)
      Reuter  -  446 words
    • Article
      Lock icon Merrill president to take on CEO role
      177 8 Reuter NEW YORK Merrill Lynch Co Inc, the largest US brokerage, said on Monday that president and chief operating officer Daniel Tully will assume the additional role of chief executive officer on May 1, replacing William Schreyer. While Mr Tully and Mr Schreyer
      Reuter  -  177 words
    • Article
      Lock icon Transformed BankAmerica set to dominate US banking
      628 8 AP SAN FRANCISCO Back in 1987, Bank America Corp symbolised the dramatic decline of the US banking system. Bad loans and big bureaucracy left it with nearly US$l billion (551.64 billion) in losses and out in the cold as a takeover target. It
      AP  -  628 words
    • Article
      Lock icon Tokyo trust banks set to turn in bleak earnings
      548 8 market Reuter TOKYO Japanese trust banks, suffering from depressed stock and land prices, are bracing themselves for a third straight year of bleak earnings in the year to March 31. Hiroshi Hayashi, chairman of the Trust Companies Association of Japan, said
      Reuter  -  548 words
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      170 words
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      103 8 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available US* BAHAMAS 900 8.V.1 950 COOK ISLANDS 1600 DELAWARE 295 GIBRALTAR 500 HONG KONG 350 IRELAND 400 ISLE OF MAN 450 •JERSEY 900 LIBERIA 1050 MADEIRA 3750 PANAMA 800 U.K. LTD 240 WESTERN SAMOA 750
      103 words
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  • THE REGION
    • Article
      Lock icon Trade ties with N-E Asia key to Aussie growth: report
      494 9 Call to focus on S Korea, Japan and China AFP SYDNEY Australia's economic future depends on enhancing economic ties with North-east Asia, according to a report released yesterday on the eve of Prime Minister Paul Keating's key economic statement. "North-east
      AFP  -  494 words
    • Article
      Lock icon Bintulu set to get M$8b in foreign investment
      364 9 Bernama BINTULU More than MsB billion (SSS billion) worth of foreign investment projects will be implemented in Malaysia's prime industrial town of Bintulu in Sarawak during the 1990-1995 development period. The Bintulu Development Authority's general manager, Abang Helmi Tan Sri Abang Haji
      Bernama  -  364 words
    • Article, Illustration
      Lock icon Jamaica wooing HK and other Asian investors
      518 9 Reuter KINGSTON Jamaica is anxiously wooing investors from Hongkong and other Far Eastern countries as it tries to develop its manufacturing sector and attract the new business skills and capital needed to combat a deep recession. For the past 15 years or so,
      Reuter  -  518 words
    • Article, Illustration
      Lock icon The challenge facing Asia's growth cycle
      901 9 Japan still has strong grip on region's economies FT LONDON If Japan sneezes, will Asia catch a cold? The question arises because recent years have seen increasing investment by Japanese companies in production capacity in other Asian countries, and a sharp rise in trade
      FT  -  901 words
    • Article
      Lock icon HK govt to keep spending growth near GDP forecast
      275 9 Reuter HONGKONG The Hongkong government will keep real spending growth in the year to March 1993 close to its forecast of 5 per cent gross domestic product growth, assuming inflation at 11 per cent, Treasury Secretary KY Yeung said yesterday. Earlier,
      Reuter  -  275 words
    • NOTE BOOK
      • Article
        Son Sann wants all business deals reviewed
        92 9 PHNOM PENH The Khmer People's National Liberation Front chief, Son Sann, has asked for a review of all business deals in Cambodia in order to control the massive sale of state assets. "Cambodia's natural resources and public properties have been sold to and
        92 words
      • Article
        Ten firms in Manchester team
        62 9 KUALA LUMPUR Ten British companies will take part in the Manchester Chamber of Commerce and Industry's five-day trade mission to Malaysia beginning from March 2. A British High Commission statement here yesterday said that the mission would offer products ranging from cleaning chemicals, elevator components
        62 words
      • Article
        Canberra disavows film
        91 9 CANBERRA Australian Foreign Minister Gareth Evans yesterday dissociated the Australian government from a film featuring the massacre of Vietnamese boat people by Malaysians. Malaysia's Foreign Minister Abdullah Ahmad Badawi warned on Monday that the movie, Turtle Beach, could provoke anger in his country and said he hoped
        91 words
      • Article
        Power plant venture rejected
        85 9 BANGKOK The Electricity Generating Authority of Thailand has rejected a proposal by the Petroleum Authority of Thailand to build a big power plant near the Thai-Myanmar border that would utilise natural gas from Mataban Gulf in Myanmar, according to a report in the The Bangkok Post.
        85 words
      • Article
        Thai-Israeli trade to surge
        98 9 BANGKOK The Thai-Israel Chamber of Commerce has predicted a 100 per cent increase in trade between the two countries this year, says a report in The Bangkok Post. Thailand will export about 5,000 cars to Israel this year, as well as canned foods and prepared foodstuffs,
        98 words
      • Article
        Bid for inter-Korean trade pact
        70 9 SEOUL South Korea's Trade and Industry Minister, Han Bong-Soo, said yesterday that Seoul will seek a basic accord on inter-Korean trade and on clearing accounts to pave the way for direct trade with North Korea. He was quoted as telling a business luncheon that the
        70 words
    • Article
      Lock icon Cool response to US environmental plan
      231 9 AFP HONGKONG Most Asian countries have responded unenthusiastically to US proposals for joint efforts to protect the environment in the Asia-Pacific, American officials said yesterday. More than 25 Asian countries were invited to join the US-Asia Environmental Partnership (US-AEP), said the assistant administrator for
      AFP  -  231 words
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      61 9 100 Waymouth Street ADELAIDE PRIME COMMERCIAL INVESTMENT Leased to VNforkcover Corporation (South Australian Government) 10 5 5 lease Substantial taxation benefits For Sale by Tender Close Wednesday, 18 March, 1992 Declared Price: $31.5 million Net Income: $3,000,000 per annum Note: The vendor reserves the right to accept any offer prior
      61 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Turkey urges foreigners to invest in its markets
        89 10 ISTANBUL Turkey has urged foreign investors to invest directly in its flourishing markets, promising them it will tackle its soaring inflation. "I will be welcoming our trading partners and our friends all over the world to reap the opportunities that will be
        89 words
      • Article
        China limits some steel exports
        68 10 BEIJING China has ordered its state-owned steel makers to limit exports of low-grade steel and concentrate on upgrading production of higher-quality metal, the official China Daily said. "Starting this year, plants will be restricted in their output of low-grade steel products, which aren't selling well
        68 words
      • Article
        Britain offers help
        76 10 LONDON Britain on Monday hosted talks with ministers from former communist states on helping to get small firms off the ground. Employment Secretary Michael Howard told labour ministers from Eastern Europe, Russia and other independent states that have emerged from the collapsed Soviet Union that "we seek
        76 words
      • Article
        EC access to Central America
        33 10 LISBON The European Community told Central America on Monday that it had no reason to fear the construction of a "fortress Europe" blocking its access to European markets.
        33 words
    • Article
      Lock icon Recession hovering on horizon for Germany
      567 10 Gloomy forecasts add to rising fears IHT FRANKFURT Fear is spreading that Germany, long one of the last reliable outposts of economic growth, may be next in line to succumb to the world recession. Most economists said that Germany was not in recession yet
      IHT  -  567 words
    • Article
      Lock icon Signs of upturn in east Germany fail to lift gloom
      306 10 FT BONN A very slight improvement in business confidence and economic activity in east Germany has been reported, but not enough to allay widespread concern about the slow pace of new private investment, rising unemployment, and simultaneously rising wage pressures.
      FT  -  306 words
    • Article, Illustration
      Lock icon Deng's strategy for China's future
      545 10 To make Chinese richer, not necessarily freer NYT BEIJING Deng Xiaoping is a master strategist in politics, military campaigns and even the game of bridge and the recent calls in the official Chinese press for more rapid change seem to reflect his view that the
      NYT  -  545 words
    • Article
      Lock icon Flat French growth shows pick-up not in sight
      563 10 Reuter PARIS French businesses, unconvinced of a pick-up in the world economy, have ignored government calls to invest and caused the economy to mark time, figures from the national statistics office Insee showed on Monday. Growth in gross domestic product (GDP) was
      Reuter  -  563 words
    • Article
      Lock icon Gatt tariffs will force food law revisions, says Tokyo
      280 10 Reuter TOKYO The comprehensive introduction of tariffs on farm imports, proposed under the Gatt talks, would require Japan to revise its 50-year-old Food Control Law drastically, triggering political storms, officials said. "The Food Control Law, which controls rice marketing, and the
      Reuter  -  280 words
    • Article
      Lock icon Textile quota curbs may linger on
      393 10 Uruguay Round win could be a hollow one for developing nations FT GENEVA For developing countries the scrapping of barriers to world trade in textiles and clothing, worth US$24O billion (***** billion) a year, has been a crucial objective in the Uruguay Round of
      FT  -  393 words
    • Article
      Lock icon US economy expected to recover at snail's pace
      485 11 Reuter WASHINGTON The United States economy will crawl out of its recession at a lacklustre pace but once it does, it will not fall back, an economists' group has predicted. In a survey of 49 professional forecasters, the National Association of Business
      Reuter  -  485 words
    • Article
      Lock icon Hindu revivalist groups in India launch nationwide campaign against MNCs
      538 11 AFP NEW DELHI Hindu revivalists have launched a nationwide campaign against multinational corporations and to promote indigenous products, which if successful would threaten India's bid to woo foreign investment. Some half-a-dozen leading Hindu groups are spearheading the campaign, borrowing arguments
      AFP  -  538 words
    • Article, Illustration
      Lock icon US consumer electronics firms are on the comeback trail
      815 11 The Economist LOS ANGELES For symptoms of their country's supposed industrial decline, Americans need look no further than their own living room. American pop stars might dominate the airwaves, but the gadgets they appear on television sets, com-pact-disc (CD) players, games
      The Economist; Source: Ministry of International Trade and Industry  -  815 words
    • Article
      Lock icon Many US firms find Japan is the place to take on the Japanese
      645 11 NYT TOKYO After spending much of the 1980s struggling to survive against its Japanese competitors, HarleyDavidson Inc has joined hundreds of US companies in doing something that would have seemed unthinkable a decade ago: it is challenging
      NYT  -  645 words
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      Page 10 Advertisements Column 1
      158 10 SingaPort 1992 To-date, Singapore's shipping and maritime technology has come off age. And to markthis maturity, BusinessTwnes W SingaPort '92 Supplement on March 25,1992 to tie in VWmIW/ with the official opening of SingaPort'92 International Maritime Conference and Exhibition(on till March 28). The supplement anchors on the tremendous growth potential
      158 words
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      Page 11 Advertisements Column 1
      721 11 lugfigfli Sime Singapore Limited INTERIM RESULTS FOR THE HALF-YEAR ENDED 31 ST DECEMBER 1991 The Directors are pleased to announce the following:1. Unaudited results of the Group snd of the Company for the half-year ended 31st December 1991. GROUP COMPANY 1991 1990 1991 1990 WS$ Million S$ Million TURNOVER 275.9
      721 words
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      Page 11 Advertisements Column 2
      162 11 Arthur Andersen Associates Pte Ltd Managing Construction Claims and Disputes Seminar The number and scale of construction claims and disputes are increasing rapidly. The size and complexity of the issues and transactions require substantial resources and sophisticated levels of expertise in the defence or pursuit of claims. This seminar focuses
      162 words
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  • Article
    Turning point for America
    447 12 EDITORIAL TRADITIONALLY, American presidential campaigns have a festive air about them. Prime time television is saturated with election news and views and each state primary resembles a carnival as presidential contenders take a stroll down Main Street, shaking hands and kissing babies. However, the 1992 campaign
    447 words
  • WHAT THE OTHERS SAY
    • Article
      What surprises in store?
      292 12 UNLIKE many bourses, the stock market here seldom gets pre-Budget jitters. It is the same this year. Share prices continued in recent weeks to be more influenced by overseas factors than anticipation of any pain or giveaways this Friday in Finance Minister Richard Hu's Budget for
      292 words
    • Article
      Subsidy mentality
      119 12 THE government has made it plainly clear that Singapore's future, among other things, lies in the prudent management of its reserves. We have to avoid the subsidy mentality that has to be financed by high taxes as in advanced countries. Yet, the rationale seems vague to many Singaporeans.
      119 words
    • Article
      No to welfarism
      102 12 THE government has conducted two straw polls on whether it should continue to save or make use of its reserves. The results showed that there may still be many people who hold unclear or contradictory views about the issue of savings and subsidies. During hard times in
      102 words
  • REGIONAL VIEWPOINTS
    • Article
      No easy ride for Bush
      162 12 WHAT a difference a year makes. Twelve months ago, US President George Bush was riding high after a resounding triumph in the Gulf War. His popularity rating was at a record 90 per cent and it appeared that his breezing back into the White House
      162 words
    • Article
      Restricted zones
      169 12 AS could have been expected many, if not most, of Jakarta's citizenry have greeted with considerable scepticism City Hall's plan to introduce a zoning system designed to prevent traffic jams in certain parts of the city. As reported, the plan calls for a tax, to be imposed on
      169 words
    • Article
      The right work attitudes
      191 12 SPIRITS were buoyed when the government announced its foreign labour recruitment policy late last year. Several industries in the agriculture and construction sectors sighed in huge relief over what they viewed as the panacea for their labour shortage woes. Taking the policy as the answer to
      191 words
  • Article, Illustration
    Afta a change at the top
    1236 12  -  With the various Asean states undergoing a leadership transition, Yang Razali Kassim examines the possible impact this will have on Afta, the Asean Free Trade Area Yang Razali Kassim AT THE closing of the Fourth Asean Summit in Singapore last month, Prime Minister Anand
    1,236 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      112 12 FOR SUCCESSFUL MANAGEMEHT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, t profiles of leading managers in Singapore and I j I relevant hook reviews. (5 L y ENTERPRISE A MANAGEMENT, in V Business Times every Monday, is must )l x* reading for
      112 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      35 12 DOONESBURY BY GARRY TRUDEAU LUAIT A S££THtS,POP* mBHUHCmB I THOUGHT =—I THIS rsmav r- T/PBPN, SO IT MAS REAL YOUOJ^PfT. P*AFTCAK>- ZOSYTVCHANGd. WUJONSOF ACMLPKAFT W I nrmrrrr M WHFST j HPSCRVeFEPTHEI*. S4ME. W\ j FBSTUNKfiAGe
      35 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon A Budget for a better tomorrow
      1277 13  -  At a recent BT roundtable discussion on the coming Budget, the participants both business representatives and professionals agreed that staying competitive is a priority and the Budget should reflect this. Fxonomics Correspondent Kenneth James and Anna Teo report Kenneth James and Anna Teo IT
      Photos by Chris Loh  -  1,277 words
    • Article, Illustration
      Timing right for consumption tax, but...
      1046 13 Economically, the time seems right for Singapore to finally put in place a consumption tax of some form. But all things considered, the panelists reckon, it should be at least another two years coming. While somewhat on the uptrend in the last few years,
      1,046 words
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  • THE LAW PAGE
    • Article, Illustration
      Assistance from accountants
      824 14  -  In a complex case, there is every reason for lawyers to turn to experts in other fields for help. One profession well placed to work with lawyers in number crunching is accountancy. David Gabriel reports David Gabriel THE Chief Justice has paid some attention recently to the
      824 words
    • Article
      A question of partnership
      567 14 CAM BOONCHAI SOMPOLPONG V CHUA KA SENG High Court of the RepuMic of Singapore, Suit No 978 of 1982 Judicial Commissioner Lai Siu Chiu. THE plaintiff, Boonchai Sompolpong, was a Thai working in Singapore. In 1979, he joined Chua Ka Seng, who operated an architectural firm.
      567 words
  • Page 14 Advertisements
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      246 14 F fx v&3QJ(all^^Sl^^^^^^^^^llß^4^^MXuilflK v 7 *> i» *^SB£ r Je Sjl^DK£ the Quadrant TheQuadianLA2B-ssorcymiclhgcntoffice j jl II axmirsrprovidesvisualrebef from theconcrar buikling sanding at the junction of Cecil Soeet and "1 a )Ltci L monocny of the ciy. Creating a pleasant environment far ir^ Church Street With the Raffles Place MKT
      246 words
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      Page 14 Advertisements Column 2
      5 14 oh 11! let's have our
      5 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon Italian boat wins re-sail
      321 15 America's Cup Reuter SAN DIEGO The Italian yacht II Moro di Venezia beat Japan's Nippon Challenge for the second time in two days on Monday in a re-sail of their seventh and final race of the America's Cup challengers' second round. II Moro di Venezia won
      Reuter  -  321 words
    • Article
      Lock icon Tanui sees tough time in Kenyan Olympic trials
      271 15 Reuter NEW YORK William Tanui has predicted that the Kenyan Olympic trials will be more difficult than the Barcelona Games themselves. The 800 m specialist said on Monday that the talent for middle distances was so thick in Kenya that just making
      Reuter  -  271 words
    • SIDE LINES
      • Article
        Lendl, Prpic score easy victories
        94 15 ROTTERDAM, Netherlands Ivan Lendl and Goran Prpic won their first-round matches on Monday with little difficulty in the U*****,000 ABN-AMRO World Tennis Tournament. Lendl, seeded third, lost a first set tiebreak but came back unforgivingly strong to knock out Swede Jan Gunnarsson with* a score
        94 words
      • Article
        Hendry breezes through
        37 15 DERBY, England Stephen Hendry moved impressively: into the last 16 of the Pearl Assurance British Open on ;tMonday. The defending champion breezed through with a 5-Li victory over Danny Fowler, the world number 28.
        37 words
      • Article
        Walking with the stars
        106 15 VIENNA Austria celebrates its successful sports greats 4 1 when its imitation of the famous "Walk of Fame" in Holly- f wood, California, the Austrian "Walk of Winners" opens here on March 31. Olympic gold medallists and former world"* champions will immortalise their foot-and handprints at
        106 words
      • Article
        Compagnoni undergoes surgery
        43 15 MILAN Olympic ski champion Deborah Compagnoni on Monday underwent a one-hour surgery to repair ligaments her left knee damaged at the Olympics. The Italian Skf'" Federation reported that the operation, performed by professor Pierre Chambat in Lyon, France, was successful.
        43 words
      • Article
        Athlete loses prize money
        98 15 LONDON Russian athlete and world record holder Lyudmila Narozhilenko received a nasty shock in Birmingham at the weekend when a thief made off with US$3O,OOO from her hotel room during an invitation track and field meeting Police in the city said yesterday that they were investigating
        98 words
      • Article
        Jansher in great shape
        50 15 CARDIFF Jansher Khan greatly increased his chances of winning back the world number one ranking when he took his first title for five months on Monday. The 22-year-old from Peshawar beat the second-seeded Australian Open champion Chris Dittmar 15-4,11-15,17-15,15-6, to win the Welsh Classic squash tournament.
        50 words
    • Article, Illustration
      Lock icon Still mighty and awesome, but soulless no more
      838 15 Winter Olympics NYT MOSCOW Most were proud that their team was no longer competing as a heavily subsidised tod of Communist propaganda, that the medal count was no longer an ersatz Cold War. But for Russia's sports fans, commentators and reporters, there
      NYT  -  838 words
    • Article, Illustration
      Lock icon Easterners power unified team to success
      508 15 AP BERLIN In the just-ended Winter Olympics, Thuringian athletes snatched up more medals than the entire United States team. Thuringia? Sure, it's just one newspaper's way of pointing out that Thuringia and other eastern regions powered the German team's smash success in Albertville. German
      AP  -  508 words
    • Article, Illustration
      Lock icon New suspension gives Mansell a lift
      817 16 Reuter LONDON World champion Ayrton Senna may have to concede early-season ascendancy and technical superiority to arch rival Nigel Mansell when the Formula One racing season begins in South Africa this weekend. The Brazilian, who clinched his third title in four years last November,
      Reuter  -  817 words
    • Article
      Lock icon Unknown S Africa a surprise weapon for Australia
      490 16 AFP SYDNEY South Africa make a historic World Cup debut here today hoping to use their unknown talents as a surprise weapon against defending champions Australia. "It's nice to be unknown and regarded the underdogs," said captain Kepler Wessels on the eve
      AFP  -  490 words
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      287 16 RAWING INTEGRATED INDUSTRIAL PARK Itl To tpoh I n mk DSBHVmHH I RAWANG B t INTEGRATED \Y V^a—ll SDOW- 2 TbKT EXWESSW A I To Proposed oapang wwrnaDonv Airpon Competitive Pricing Prime industrial land at only half the price of equivalent the Alam/Klang Location Only 1 kilometre from the North
      287 words
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      Page 16 Advertisements Column 2
      26 16 Read I Chartpoint, <i 1«, a guide to i investing in t f f the stock Market. Every V 1 j 4 Saturday in Business Times
      26 words
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  • LIFESTYLE 1
    • Article, Illustration
      Talking pictures
      1044 17  -  One of India's most cerebral film personalities speaks to Nirmal Ghosh about the cinema and his work Nirmal Ghosh THE only good thing about Siddhartha, the 1972 film based on Herman Hesse's novel, was Sven Nykvist's camerawork, says Shashi Kapoor. "During the shooting and after seeing it, I
      1,044 words
    • Article, Illustration
      French honour their Caesars of filmdom
      416 17 THE French cinema academy rewarded its members and some select outsiders on Saturday evening in the 17th Annual Cesars, the French equivalent of the American Academy Awards. A film directed by Alain Corneau, Tous Les Matins Du Monde, dominated the celluloid celebration, taking seven
      416 words
    • Article, Illustration
      Lock icon Losers in the mahjong game
      638 19 Shanghai police are at wits' end trying to erase a 700-year-old passion that is as Chinese as dian xin NYT IN THE evening, after most people in Shanghai have emptied their rice bowls and put down their chopsticks, the criminal instincts overwhelm the most unlikely
      NYT  -  638 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      136 17 I O ZTC J yellow pages"9fe>>\ allow pages yellow A yeHqwjjaaesj/elloy^ yellow pages yelnv jllow pages yellow pe^ yellow paK fellow pages V Nsyellow pages > yellow pages yellow pages\ a yellow pages ellow pages ye\ > yellow page: tyellow pages m fellow pages m llow pages yellj yellow pages\
      136 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      664 18 mm Nothing Beats A Bud. (ESS where to wine, dine sfiiyi /V DIAN XIN TEMPTATIONS Continuing the porode of aJnary gems incomparable Ruyi offers a fin© selection of Dion Xin. From our creative A ta Carte menu treat yourself to al the Dian Xin you can enjoy for $16.80++ per
      664 words
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      Page 18 Advertisements Column 2
      352 18 WE VE JUST BRED A NEW WINNER at The Stables j m Kpr RJh The Businessmen's Derby Lunch A delectable choKX of appetisers and soup. followed closely by your pick from five delightful main dishes and a selection of desserts Finish •m k» with coffee or tea. Only $28.00+ Closed
      352 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      691 18 TELEVISION AND RADIO J ''t'M 700 Fortune. 3.55 Religious programme. ■V d\fl 10 son JSSJL—LL 1m SL. 7.30 AM CNN (L). 8.00 The Flash'- Child's Play. 5.30 Caspar and Friends (Cartoon). 8.30 Close. Young Terry Cohan steals a 5.55 Today in History. 7.10 am, 9.2 MM, I.aupm, a.-supni. mmmrmrsmm $.55
      691 words
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      Page 19 Advertisements Column 1
      221 19 AND ENTERTAIN A Classical Afternoon Tea A choice spread of freshly-baked pastries and cakes, savoury dian xin, open sandwiches and deliciously spicy Mee Siam... with a blend of special teas. Every Saturday from 3pm to spm at $12.50+ per person. Fashionshow commences at 4pm. ANA HOTEL For reservations, SINGAPORE caU
      221 words
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      Page 19 Advertisements Column 2
      166 19 <7 Traditional Cantonese Cuisine ■bq^H o best hong Kong dian xin In town China China Restaurant A Marina Bay Golf Country Club M 2 6 Marina Green Sincapore oioi. For Reservations Please Call 2212 m MANAGERS MUST MANAGE BT shows you how MANAGEMENT Every Monday TODAY 23,000 KINDS OF SOFTWARE
      166 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Poor results and lawsuit jitters trigger slide
      4221 20  -  By Claire Leow THE BENCHMARK Straits Times Industrials Index yesterday dropped 21.74 points to 1,493.27 as bad news converged in a quiet market. Marine and blue-chip counters were the worst hit and crowded onto the losers list. Triggering the market's slide was word
      4,221 words
    • Article, Illustration
      Lock icon HOT STOCK
      69 20  -  By Chew Eng Han Comment NOL reached the upside target of $1.85 and has started retracing downwards. With daily and weekly stochastics giving sell signals, a further slide can be expected in the next few weeks. First support is at $1.65-1.67. If this holds, the uptrend should continue.
      SOURCE: PONT DATA  -  69 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3117 22 Magnum Corp 50* 376 4 +1.1% Malayawata 283 +3 +1.1% Berjaya Group 75 +2 +2.7% Dunlop Esl 174+1 +0.6% Berjava Group 75 +2.7% +2 Magnum Corp 50* 376 +1.1% +4 Malayawata 283 +1.1% +3 Dunlop Est 174 +0.6% +1 H Leong Ind 50* 550 -35
    3,117 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      103 22 a -2 Mate -i- *r J w -> m > u V v> j 1 •**3 ■■>'- f w iv-" --.;n -/v. 5Tv m M *11% Sc .:•> >• V,' ,'v:: V i rj -A W *lZ* **>» V, y V > f > 'V* V 1 ,v < 1
      103 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Index falls as market continues to consolidate
      5070 23 Bernama SHARE PRICES closed broadly easier yesterday, succumbing to further profittaking in reduced trading activity. Dealers said the market continued to consolidate with institutions and fund managers taking a breather after the recent surge. Selling on component stocks depressed the KLSE Composite Index
      Bernama  -  5,070 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS FORECAST
      772 24 "■f 1 iMM 1m Fancast M IHNH IPS Mr IPS Gnat pntt la«i Ra«* cmm PariaR Mftl (cte) (VIM) (Sim) (ets) a MM I Ft* 25 km 92 5 4 1.0 8.891 5.4—13.4 3 3—8.2 F Feb 27 Ok 91 23.3 12 0 32.550 33.0—37 5 208-266 «r«*
      772 words
    • Article
      AUDITED RESULTS
      265 24 C—ipaay Date Yaar Group Nat Nat aaraiags Cross mm to profit/loss (L) par stars flrtisai COOO) (casts) Cerebos Feb 13 Sep 91 $45.623j($38.911) 14 8(128) 23.6TE(30TE) KL Kepong Feb 13 Sep 91 M$64,883($62.895) 15 3(148) 15(15) NST Feb 10 Aug 91 11(55.298(59.064 30 9(33) 20(20) Asta Pacific Jan
      265 words
    • Article
      OTHER RESULTS DUE
      663 24 MM iMt M Iw tap* PaW Mi Tor EPS firm M mmmai aritag (cts) Ar pnH M jm (STUD OB Final Nov 6 Jul 91 3.0TE 17,8781 SmriUn Final Feb 19 Dec 91 4.0 2911 Sm Mm Intenm Mar 2 Jul 92 25.5 8.0 5,627 M twin
      663 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      1488 24 Iran Registered Substantial Buy/ Sfcaraa Amount Shareholdings Stock Date NaMar SharafcaMar/Mractar Sail iavatved Before Chge After Chge G Securities 21/02/92 POSB B 1,000 1.463 7,720,000 14 04 7.721.000 14 04 SIA 20/02/92 Temasek Holdings (Pte) Ltd S 35,000 444,902 346,684.586 54 06 346.649,586 54 06 S1A 20/02/92
      1,488 words
    • Article
      PRELIMINARY RESULTS
      229 24 Company Data Year Craa# pre-tax Net earnings Cross a*n to prom/loss (L) per share dividend COOO) (cents) Tech Resources Feb 24 Dec 91 M$15.408($6.596) 10(0.5) Se<nb Maritime Feb 22 Dec 91 S1S.95G($18.403 20 8(22) 10(11) Keppel Fm Feb 21 Oec 91 $9,688(15 282) 6 6(10) 5(5) Steamers Feb
      229 words
    • Article
      INTERIM RESULTS
      390 24 Ci—wy ®«t# MaM-yw Croup pre-tax latwiw in to profit/tots (L) 4M4—d ('090) Tasek Cement Feb 24 Dec 91 M$28.025($24.1U) 10(10) Lingm Feb 18 Dec 91 M$4.068($3.388) -<-) Cold Store Feb 17 Oec 91 J12.122($19.171) 65N(6N) GK Gob Feb 17 Dec 91 13.772(15.091) Scotts HMgs Feb 13 Dec 91
      390 words
    • Article
      CORPORATE DEVELOPMENTS
      247 24 Feb 24 irjji Sembawang Maritime Ltd plans to forge a strategic alliance in the Middle East and to spend aboud $20m on five tugs to boost its harbour towage fleet in a bid to expand its operations. COL Hotels International Ltd of Hongkong has made a partial takeover
      247 words
    • Article
      DIVIDENDS ANNOUNCED
      472 24 Currant Ex Books Date Total for Total lor paynant data <|m payaWa the yoar last yoar AMFPT 4.2%<e) Feb 7 Feb 21 Feb 28 77% 5 75* Am an Find USlOC(b) Mar 10 Mar 20 Mar 30 US10C US10C 20c 12.5%IE Mar 3 Mar 13 May 15 17
      472 words
    • Article
      APPROVED ISSUES
      137 24 Company Rights Issue Am Pac Land Foot hx sewn MSO 50 per share Ex-date tan 3 Boohs dose Jan 17 Acceptance Payment Mar 5 lacks M Twfrfwone SI 00 per share Ei-date Jan 8 Books dose Jan 20 Acceptance l> Payment Feb 28 MC8 Jtdfs One-hx-ten e MSI
      137 words
    • Article
      PROPOSED ISSUES
      568 24 Company Rights Issue Manet Ttdi One-tor-one fe SI 00 per share Bait an Issue of $90 978m nominal amount of 351 Redeemable Unsecured Guaranteed Bonds 1991/96 with *****m detachable warrants on the basis of $2 nominal amount of Bonds for every three existing shares held Every S2 nomnal
      568 words
    • Article
      COMPANY MEETINGS
      54 24 PJ Development HoMnp Bhd: EGM at the registered office, No 21 23, Jalan Hussein (Ground Floor), ***** Ipoh, Perak Darul Ridzuan, Malaysia, on Friday, Feb 28, at 10.30 am Golden Frontier Bhd: 19th AGM at Bayan Room, Hotel Equatorial, No. 1, Jalan Bukit Jambul, ***** Penang, on Friday,
      54 words
    • Article
      SCRIPLESS CONVERSION
      46 24 Conversion Special Trdg Scripiess Conversion deadline Period Trading Com pan) slam (IDP) (ST) starts Jacks lat Jan 29 Feb 20 Jan 29 Feb 20 Feb 21 Hai San Hap Apr 1 Apr 23 Apr 10 Apr 23 Apr 24 SPH NYA limes Pub NYA
      46 words
    • Article
      RECORD HIGHS & LOWS
      136 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 hi* *****8 (21/2/92) }Jg Jf J*" 92 (2J/1/92) 1992 km: 1232.84 (2/1/92) tar 479.B 2/1/92 1991 t*t 1333.08 (3/6/91) |»J J* Sg-M 3/6/9 1991 low: 1022.52 (16/1/91) »91 J* 1*9.08 J6/1/91 1990 h* 1435 43 (16/7/90) J2 §°ol5 /iwS2! 1990
      136 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      316 24 In local curr In S$ In US$ <y yr dy y* dy yr Feb 24 Index chge chge chge chge chge chge World 402.3 0.0 -1.5 -0.1 -3.1 -0.2 -4.6 tEAFE 491.8 -0.2 -2.1 -0.3 -5.5 -0.4 -6.9 Europe 438.0 0.7 6.5 0.8 0.4 0.7
      316 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Profit-taking in bank shares sends index down
      2164 25 Reuter PROFIT-TAKING in bank shares after their sharp gains on Monday sent the market indicator lower in heavy trading yesterday, brokers said. The SET Index lost 2.83 points to end at 810.45 on turnover of 10.4 billion baht. Declines led advances 132 to
      Reuter; SOURCE: PONT DATA  -  2,164 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Lock icon Stocks end easier amid profit-taking
      1218 25 Reuter PROFIT-TAKING sent stock prices to a slightly lower close yesterday as the index eased 1.74 points to 281.19 on turnover of more than five million shares. Prices in the cement sector dropped further, with Semen Cibinong ending 100 rupiah lower at 7,200 and Semen
      Reuter  -  1,218 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      15 25 Read Chartpoint, a guide (o investing in the stoek market. Every Saturday in Business Times.
      15 words
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      Page 25 Advertisements Column 2
      335 25 BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3606 M THE MATTER Of THE COMPANIES ACT, CAP. SO AND M THE MATTER OP TMN TRADING PTE LTD At an Extraordinary General Meeting ot the Company held on Wednesday, 19 February 1992 at 76 Shenton Way §13-02. Singapore
      335 words
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      Page 25 Advertisements Column 3
      357 25 OTP HOLDINGS LIMITED (Incorporated in Singapore) LOST CERTIFICATES The undermentioned certificates have been reported lost or destroyed: Name Certificate No. No. of Shares Chew Yeofc *****0 1 7500 Chia Mut Mui *****2 1 x2OOO Goh Mui Hiang *****5 Ixlsoo LimAhGhee *****1 Ixlooo Lok Kin Lien *****5 1 x 1000 SooLengTee
      357 words
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      Page 25 Advertisements Column 4
      169 25 IN THE MATTER OF THE COMPANIES ACT, CHAPTER M ANO IN THE MATTER Of NISHIO INTERNATIONAL PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed company. <Nct> it bjinq voluntarily wound up, are required on or before March 26. 1902 to send in
      169 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Uncertainties cast shadow over market
      2596 26 Reuter STOCKS ended slightly higher after a day of thin, aimless trading yesterday. Futures-linked programmes pushed the market up and down while most investors remained paralysed by political, economic and financial uncertainties, brokers said. But hopes for lower interest rates underpinned the market. "There's not
      Reuter  -  2,596 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Hang Seng rises on selective buying
      2571 26 Reuter STOCKS ended higher yesterday on selective demand for blue chips and secondliners ahead of corporate earnings reports due in the coming weeks, brokers said. The Hang Seng Index finished the day up 44.58 points at 4,760.20. Turnover rose to HK$l.B9 billion from Monday's
      Reuter  -  2,571 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks end higher ahead of economic statement
      2265 27 Reuter THE share market closed just off its highs yesterday, buoyed by strong domestic buying of key stocks in the lead up to the federal government's economic statement. Brokers reported good demand for bank, mining and building stocks which boosted turnover and pushed
      Reuter; SOURCE: PONT DATA  -  2,265 words
  • REGIONAL STOCK MARKETS
    • Philippine shares higher on blue chip surge
      • Article
        MANILA
        565 27 SHARE PRICES closed higher as the market snapped out of a lengthy decline yesterday, fuelled mainly by strong investor interest in blue chips, brokers said. The Manila Stock Exchange Composite Index rose 26.84 points to breach the 1,200-point level and finish the day at 1,215.15. Advances led declines by
        565 words
      • Article
        SEOUL
        873 27 SHARES ended lower in lethargic trading yesterday with selling centred on large capitalised manufacturing and financial shares, brokers said. "Individual investors placed selling orders across the board throughout the day as they were discouraged by no sign of an influx of foreign funds," a Hyundai Securities broker said. The
        873 words
      • Article
        TAIPEI
        466 27 PROFIT-TAKING pulled Taiwan share prices to end lower yesterday across the board and brokers said the market would consolidate between 4,900 and 5,000 points. The Weighted Index lost 82.51 points or 1.6 per cent to close at 4,987.73 compared with Monday's 5,070.24. Turnover fell to NT542.7 billion from NT$59
        466 words
      • Article
        Untitled
        204 27 Gam PriHii -f/F«fc 25 NEW ZEALAND NZSE-40 Capital 1.501.43 1,489.54 11.89 MANILA Compoute Index 1,215.15 1,188.31 +26.84 Turnover (million) 309.4 1.280 -970.6 TA»£I Weighted Price Index 4,987.73 5,070.24 -82.51 Turnover (NTS billion) 42.7 59 -16.3 SEOUL Composite Stock Index 632.07 637.73 -3.66 Turnover (billion won) 230.6 216.45 +14.15 New Zealand
        204 words
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  • WORLD STOCK MARKETS
    • Dow Jones edges up to another high
      • Article, Illustration
        NEW YORK
        1302 28 STOCK PRICES were mixed on Monday, as trading eased with investors expressing concern over a weak bond market and rising interest rates. Still, blue chips drew some interest, nudging the Dow Jones Industrial Average to another high, 3,282.42, up 2.23 points. The bellwether average of 30 industrials was
        1,302 words
      • Article, Illustration
        LONDON
        679 28 SHARE PRICES closed higher on Monday, led by advances in the stock index futures market. At the close, the Financial Times-Stock Exchange 100Share Index was up 17.4 points, or 0.7 per cent, at 2,559.7. The Financial Times 30-Share Index rose 16.8 points to close at 1,999.7. The Financial Times
        679 words
      • Article
        FRANKFURT
        253 28 GERMAN SHARES, shaking off an early attempt to be pushed lower, rebounded with unexpected vigour to close at a second straight 18-month high on Monday. After falling more than four points at the start, the 30-share DAX bounced back to finish 11.47 points ahead at 1,729.10. It was the
        253 words
      • Article
        AMSTERDAM
        246 28 INVESTORS took a breather from last week's energetic business and most shares were a touch weaker at the close of a languid Amsterdam session on Monday, dealers said. "It's been a flat day," said Armand Bekx at broker HPD Eflfecten. "The dollar is easier, there's been profittaking in the
        246 words
      • Article
        PARIS
        211 28 THE PARIS BOURSE followed up last week's five winning sessions with another one on Monday, the first day of the March trading month, as the CAC--40 stock price index closed at 1,976.52 points, up by 0.72 per cent by comparison with last Friday's close. The indicator was up by
        211 words
      • Article
        MILAN
        177 28 BUYING that was focused on a few blue chips helped Italian shares maintain gains at the close on Monday, but volume remained thin near Friday's light 85 billion lire, brokers said. "Mutual funds did not sell, and foreigners did a little buying," one operator said. "The rise was linked
        177 words
      • Article
        ZURICH
        435 28 SWISS SHARES closed firmer on Monday, but off earlier highs, in thin trading. Brokers said uncertainty over the likely direction of German and US interest rates kept investors sidelined. The all-share SPI index closed up 5.8 points at 1,139.5 after peaking earlier at a new year's high of 1,140.1.
        435 words
      • Article
        STOCKHOLM
        241 28 PRICES on the Stockholm bourse closed steady on Monday to firmer in relatively quiet trade. Dealers said trading was marked by a lack of marketmoving news. The bourse general index lost a marginal 0.06 per cent to 922.36 in turnover of 407 million crowns. Blue chips rose 0.5 per
        241 words
      • Article
        TORONTO
        346 28 TORONTO STOCKS closed a narrow-ly-traded day on an uptick, ending a string of nine straight sessions of losses on Monday, traders said. The federal Budget due yesterday kept traders cautious, though most said they were expecting no major changes. The TSE 300 Composite Index unofficially closed up 6.6 points
        346 words
      • Article
        Untitled
        453 28 Feb 24 Cloae PmioM NEW YORK Dow Jones 3,282.42 3,280.19 +2.23 SAP 500 412.27 411.46 +0.81 Turnover (million) 181.3 261.7 -80.4 LONOON Financial Times 30 1,999.7 1,982.9 +16.8 FTSE 100 2,559.7 2,542.3 +17.4 Turnover (million) 440.5 569.5 -129 FRANKFURT DAX Index 1,729.10 1,717.63 +11.47 AMSTERDAM EOE Index 303.86 304.23 -0.37
        453 words
  • Page 28 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar finishes mixed in quiet Asian trading
      1181 29 REPORTS Tokyo: The US dollar eased against the mark while keeping a firm tone against the yen in late Asian trade yesterday. "Yen selling interest against European currencies emerged due to Japanese political scandals after a quiet day in Tokyo," said a
      1,181 words
    • Article
      INTERBANK FOREX RATES
      376 29 Cross rates Feb 25 USS SS MS Dm Yen SFr AS NZS USS 1.6440 2.5895 1.6510 129 20 0.5724 1.4920 1.3316 1.8467 SS 0.6083 1.5751 1.0043 78.5888 0.3482 0.9075 0.8100 1.1233 MS 0.3862 0.63 0.6376 49.8938 0.2211 0.5762 0.5142 0.7132 Dm 0.6057 0.9958 1.5684 78.26 0.3467 0.9037
      376 words
    • Article
      MONEY MARKET
      538 29 interbank rates SS Bid Offer Overnight 3 3/8 3 1/2 1-month 3 5/16 3 7/16 2-month 3 5/16 3 7/16 3-month 3 3/8 3 1/2 Overnight mode: 3-1/2 USS Bid Offer 7 days 4 3/16 4 5/16 1 month 4 3/16 4 5/16 2 months 4 1/4 4
      538 words
    • Article
      Lock icon Nabisco switches US$1b of junk bonds with cheaper debt
      301 29 AP NEW YORK RJR Nabisco Holdings Corp has replaced US$l billion (551.64 billion) of its junk bonds with cheaper debt as the tobacco and food giant continues to aggressively shrink its enormous debt load. The move would result in a one-time
      AP  -  301 words
    • Article
      Lock icon Russian bank using pre-devaluation rouble rates
      309 29 AFP MOSCOW Vnesheconom Bank (the Foreign Trade Bank), the only Russian bank authorised to deal with foreigners, is still applying the same exchange rates to its banking operations as it used before the de facto devaluation that occurred early in January. "That decision is
      AFP  -  309 words
    • Article
      FINANCIAL FUTURES
      1176 29 S1MEX EMnnwtiAft Open High Low Sett Est Vol Op/Int Vol Mar 92 95.64 95.67 95 64 95.67 6500 ***** 9269 Jun 92 95.33 95.38 95.32 95.37 8000 ***** ***** Sep 92 94.96 95.03 94.96 95.03 7500 9333 ***** Dec 92 94.26 94.34 94.26 94.34 3100 6096 4215 Mar
      1,176 words
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  • COMMODITIES
    • Article
      Lock icon Latin American coffee production hit by price crisis
      352 30 Reuter MEXICO CITY Latin American coffee producers, facing the lowest world prices in 16 years, are abandoning their plantations and leaving crops unharvested. This year, most Latin American coffee-producing nations will see output fall dramatically as export prices fall short of the
      Reuter  -  352 words
    • Article
      Lock icon Some Opec states to reduce deliveries to boost prices
      340 30 UPI NICOSIA An oil industry newsletter has reported that a number of Opec members are reducing the volume of deliveries to customers as part of the cartel's efforts to boost sagging world prices, but significant producers Iran and Nigeria have not
      UPI  -  340 words
    • Article
      Singapore rubber prices up on short-covering
      833 30 REPORTS SINGAPORE rubber prices closed firmer across the board yesterday on active short-covering coupled with limited selling interest, dealers said. Dealers attributed the short-covering to better sentiment influenced by firmer Japanese markets and talk of shortages of Thai three-sheet rubber. There was also active
      833 words
  • Article
    PRICES
    1408 30 KUPOCr Feb 25 BOS m In s aKi^d Noon Clcae Int I RSS Prompt 133.50*134.50N l34.0(yi35.00N Int I RSS Mar 92 1 33.50*134 50 134.*****.00 lot 1 RSS Apr I33.7V134.25 I33.7VI34.25 Int 2 RSS OP 131.7V132.75N I3I.7V132.7SN Int 3 RSS OP 131.2V132.25N I3I.2V132.25N Int 4 RSS OP 129.2V130.25N 129.2VI30.25N
    1,408 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1031 30 BUSINESS TIMES Toll -MmlM No 737 0043 -Fa* No: 734- 3008 METRO HOLDINGS LTD {I. JL_th w A, n _J incocporaiSG it in® napuDtc o» oingapora) Tho folowtng share certificate Iw boon reported loot of doetroyod certificate no. m the name or shares of $1.00 each *****1 CtMom mm Mr
      1,031 words
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      Page 30 Advertisements Column 2
      8 30 Personal Finance Investment in Business Times every Saturday
      8 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1274 31 C*y ETA FUfhi ETD Mi WmM GA895 1520 AMBM QF81 2010 SQ227 2115 QF82 2115 la»«irlm KL837 1400 SQ24 2215 GA895 1530 KL838 2325 5S"» 0A471 0015 OM72 2240 SQ3S 1650 N221 1740 NZ22 1850 SQ288 2035 l*W GA524 0920 MriarM BI421 1105 SQ182 0915 •••MM
    1,274 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Restoration or preservation?
      632 31  -  LETTER FROM WESTERN SAMOA By Ulafala Aiavao A GROUP of American Mormons who have taken over the home and tomb of Treasure Island author Robert Louis Stevenson have dropped plans to build a cable car up to his mountain top grave. Scottish-born Stevenson, who died in 1894,
      632 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      152 31 As at 3 Dm vesterdiv; Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2288 I.24S4 Canadian dollar 1.3689 1.3966 NZ dollar 0.8802 0.9137 Sterling pound 2.8386 2.8974 US dollar .1.6403 1.6483 Local dollars to 100 uits of foretga currency Austrian schilling
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      68 31 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Mar 28 International Ban, Italy Fiera Del (39)80/*****2 Apr 7-12 International Helsinki, The Finnish Fair *****3091 Apr S Fair for Leisure, Levante 1992 Building Fair Finland Corporation 1992 Sports A Tourism Apr 9-IS British NEC, Centre 021-*****18
      68 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      41 31 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details. We knew Europe Area start to Finnish.
      41 words
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      Page 31 Advertisements Column 2
      24 31 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 749-2577
      24 words
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      Page 31 Advertisements Column 3
      24 31 '^a|BWßßßßp|pß||^^^''' Do jyow remember? Some Hollywood stars and local celebrities do. They recall their experiences. In The New Paper today. [uj!%M NEW, NEWS, NEWSY
      24 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      331 31 ACROSS R —B R —l E —l R —l 1 Poet is a don of high standing (10) 9 Draw breath and talk qui- JBl— 10 In effrontery Rex shows lack of forethought (10) I I I I I wood--12 Went back and surren- ,a I dered once more (7)
      331 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      169 31 Singapore Outlook: Windy with showers over a few areas la the afternoon. Report Maximum temperature 32.3 Assoc humidity 56% Minimum temperature 24.0 Assoc humidity 88% Hours of sunshine 6.80 Rainfall in mm Trace Rainfall this month 62.4 Rainy days this month 4 World report Asia-Pacific Hi/Lo* Cond. Auckland 27/14 Gear
      169 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      46 31 weu-.swc HOS THAT'S OMLV PN I Piroftl.iNCi.'C.ve.Ry VCftR tTSTwe Sftrnc EXCUSE I IT'S VftL£MT.MG. D«V TMIS Ujeoc AfO PHON£.S. DOCSN'T VT. ■we gorgeous fuss n*GTrvnr L s e J \f I ICUEeNPPHOHC IS iM TWC SUILDINC... S -ft: W 1 86CO > V I tfg.V 1 i
      46 words
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  • Article
    Lock icon Japan's brokers tainted by more dubious deals
    532 32 Questionable transactions may put almost all in the red Reuter TOKYO Japanese brokerages, already hit by last year's scandals and a stagnant stock market, could suffer another blow from further revelations of questionable practices, industry analysts said. "Almost all of the brokerages could
    Reuter  -  532 words
  • Article, Illustration
    Lock icon Miyazawa allies deny wrongdoing
    307 32 Reuter TOKYO Two ageing allies of Prime Minister Kiichi Miyazawa took the stand in Parliament yesterday to deny any wrongdoing in a pay-off scandal, but failed to ease the pressure on his troubled government. Former prime minister Zenko Suzuki, 81, admitted he received 10 million yen
    Reuter  -  307 words
  • Article
    Lock icon China to set up economic zone along north-western border
    208 32 AFP HONGKONG China is to set up its first economic, technology and trade zone along its north-western border in a bid to develop trade with central Asia, it was reported here yesterday. The new 3.5-hectare economic zone is to be established
    AFP  -  208 words
  • Article
    Lock icon Malaysia plans to sell electricity to Brunei, Indonesia
    337 32 Bernama KUALA LUMPUR Malaysia will be able to sell electricity to Brunei and Indonesia upon completion of four hydro-electric dams in the Rajang river basin in Sarawak, Malaysian Energy, Telecommunications and Posts Minister Datuk Seri S Samy Vellu said yesterday. The dams
    Bernama  -  337 words
  • Article
    Umno to define role of Sultans
    496 32  -  From Leslie Lopez in KUALA LUMPUR IN A BID to avert a constitutional crisis, the ruling United Malays National Organisation (Umno) will present a code of conduct to Malaysia's hereditary rulers to clearly define the role of the Sultans. Party officials say the code,
    496 words
  • Article
    Russian minister visits S Africa today
    363 32  -  From John Helmer in MOSCOW RUSSIAN Foreign Minister Andrei Kozyrev leaves today for South Africa, in the first ministerial visit to Pretoria since the Soviet Union resumed diplomatic relatioas with the country last year. Aad be hopes to return with credit guarantees that will
    363 words
  • Article
    Lock icon Manila communications sector buzzing
    383 32 Reuter MANILA Strong pent-up demand will fuel rapid growth in the Philippine telecommunications industry, with overseas companies expected to invest up to US$3 billion (554.9 billion) in the market in the next five years. But government officials said yesterday that prospects for growth may be slowed
    Reuter  -  383 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      267 32 CHARTPOINT Every Saturday in Business Times I Integrated resorts I Them* parks I Golf Courses HygTllF'ltf' 1 «n I Entertainment complex I Marinas Conffsnes HlfMght I Food Be ve rage out late I Retail Festival MTKMATMQ FAB AND I Fun Worlds I Business Budget Hotel BMTBVTAMMSMT Keynote Opening Address Abdullah
      267 words
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      Page 32 Advertisements Column 2
      67 32 We are looking for a partner to merge our fast growing business. Last year's turnover in excess of S3om. We have too many orders and not enough facilities to finance the orders and demand Sale of up to 51 per cent may be considered. If you have business which is
      67 words
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      Page 32 Advertisements Column 3
      162 32 ICHARTPOINT Every Saturday in Business Times I Seminar The 1992 Budget and Current I Developments in Taxation I The 1992 Budget is scheduled to be presented to Parliament on Friday, 28 February 1992. The aim of the seminar is to provide a briefing on the main taxation provisions of the
      162 words
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  • SHIPPING TIMES
    • Article
      340 exhibitors to take part in marine showcase
      340 33  -  SingaPort 92 By Rahita Elias SINGAPORE Over 340 exhibitors from 24 countries will be showing their wares, which include the latest maritime equipment, technologies and services, at SingaPort 92. The region's premier maritime exhibition-cum-confer-ence will attract over 6,000 trade visitors from all
      340 words
    • Article
      Lock icon EC to prevent air cartels
      204 33 APF BRUSSELS The European Community will not let private monopolies dominate air transport once government control of the industry has been loosened, EC Competitions Commissioner Leon Brittan said here on Monday. He told a business meeting that cartels would not be allowed to fix air
      APF  -  204 words
    • Article
      Lock icon UAL warns of big layoffs unless results improve
      429 33 Reuter CHICAGO The chairman of United Airlines, the nation's second-biggest carrier, is warning of large-scale layoffs unless the company's financial results improve. "To stop growth, reduce the size of United and impose large-scale layoffs is clearly our least desirable alternative," said Mr
      Reuter  -  429 words
    • Article
      Lock icon Kvaerner wins 500 m crown contract
      200 33 Reuter OSLO Norwegian offshore and ship-building firm Kvaerner A/S said it won a 500 million crown (Ssl26 million) contract from E1 Du Pont de Nemours and Co Inc's Norwegian unit to build the living quarters for an offshore oil platform. Kvaerner said its Rosenberg
      Reuter  -  200 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1188 33 Page 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 cWarehousing 15 5 Arrow Int 9 4 Asian Break-Bulk 16 S
      1,188 words
    • Article, Illustration
      MSAS links Singapore to real-time info system
      365 33  -  By Juliette Walker SINGAPORE Leading airfreight forwarder MSAS will make Singapore one of the first countries to hook up to an in-house computer network providing global, online information about freight shippers, purchasers and freight tracking. In a statement, MSAS Cargo International said that
      365 words
    • LOG BOOK
      • Article
        BAe, McDonnell Douglas in tie-up
        114 34 NEW YORK McDonnell Douglas Corp said on Monday it would work with British Aerospace pic to develop technology for an advanced fighter plane capable of taking off from short runways and landing vertically like a helicopter. The companies said they planned to study designs and
        114 words
      • Article
        Midway figures inaccurate
        71 34 ST PAUL, Minnesota Northwest Airlines said the US Department of Transportation confirmed the revenue and traffic figures supplied by Midway Airlines were substantially inaccurate and seriously in error. In early November 1991, Northwest withdrew from an agreement to buy Midway's assets claiming Midway had provided inaccurate data
        71 words
      • Article
        Chilean plane in Antarctic mishap
        68 34 SANTIAGO A cargo plane operated by the Chilean military overran a landing strip on Monday at its Teniente Marsh base on Antarctica, injuring several crew and damaging the plane, the army said. A communique issued by the army said "some of the the crew and
        68 words
      • Article
        Manila orders 8 more MD-5000s
        82 34 ST LOUIS McDonnell Douglas Corp said the Philippine Air Force ordered eight additional MD-500 Defender helicopters to augment its current fleet of 22. The Philippine Air Force accepted delivery of 22 Defender helicopters from McDonnell Douglas in 1990 and 1991. Delivery of the eight additional
        82 words
      • Article
        Alarm systems on French planes
        79 34 PARIS Air Inter said it will equip its aircraft with ground proximity warning systems (GPWS), following a government recommendation resulting from a probe of the crash of one of its Airbus Industrie planes last month. Air Inter, a unit of French state-owned Air France, said
        79 words
      • Article
        Martin Marietta's smart sensors
        68 34 BETHESDA, Maryland Martin Marietta Corp said it received a US$2O.B million (5534.2 million), 29-month contract from General Dynamics Corp to build two prototype "smart sensor" navigation and targeting systems for flight tests in 1993. Martin Marietta said the system, which has potential applications for manned aircraft,
        68 words
    • Article
      DAILY FREIGHTS
      676 34 SENTIMENT remained depressed in the dry cargo freight market on Monday as the US Gulf/Japan grain route was fixed at US$2l, down US$O.5O on last business, brokers said. But vessel demand was seen in the Pacific for March. The key Gulf/Japan route was marked down to U5521.35 from
      676 words
    • Article, Illustration
      Feeder service
      1572 34  -  Bangkok, typical of many South-east Asian ports, still operates in the mode of the 1960s with containers alongside break-bulk cargo on open wharves. Joseph Bonney, in the first of two articles, reports on the Thai capital's role as an important production centre Joseph Bonney BANGKOK'S traffic gridlock is
      1,572 words
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      WEEKLY FREIGHTS
      308 34 THE SLIDE in freight rates accelerated over the past week and there is little prospect of a rally in sight, traders said. On the futures market, the Baltic Freight Index (BFI) lost 68 points to finish the week at 1,247 points. This brings losses over the past month
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      THE SHIPPING GUIDE
      7072 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
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    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        539 49 fr** 1 H» Barth Anwal Departm VkmI Voy No Birth Anwal Departure Marina Terminal 1 law Success V717 P07 25 02/1200 25.02/2300 8atam Mam *****2 M04 akx*side 26.02/0500 Mas Jaya 5/92 P03 2602/1500 26.02/2100 Citra Jaya *****6 M03 awngsxle 25.02/2300 P Sumatera 03/92 P06 25.02/1630 2602/1500 Guotuneaya3
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        IN MALAYSIAN PORTS
        265 49 rorx Berth: 1: Genilu; 2: Hosho Man, Banglumpoo; 3: Kota Benar; 4: United Glory; 5: Dos Oriente; 6: Barge Sea Maco. 01 jetty: Fujihoshi, Suci, Crestventure L, Subur. DCh ml Due or Feb 25: Abadi, Kyoei Maru No 1, Kokuet Maru 3, Gna. Anangel Liberty Barge Munar
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        CONTAINER SCHEDULE
        868 49 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Rtcord Bookinf/Bataice Rsto Ship Voy No Etb/Btr Pviod From To From KX JKte 73A 26/1600 1 25/1500 2S/1659 25/1900 Ante 33W 28/1200 1 25/1500 25/1659 25/1900 2 25/1700 26/0659 26/0900 26/1200 26/1459 26/1700 2061 28/0800 1 25/1500 25/1659 25/190Q 3
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    • Article
      Lock icon Airbus seeks Japanese ties for jumbo
      185 50 Reuter SINGAPORE European consortium Airbus Industrie is negotiating with Japanese companies for partnership in its planned development of a supeijumbo jet, a top Airbus executive said. "We are now talking to three Japanese companies for any arrangement that would be beneficial to all participants,"
      Reuter  -  185 words
    • Article
      Lock icon TNT suffers A$51m loss amid Aussie airline war
      433 50 Reuter SYDNEY Australia's airfare war sent TNT Ltd plunging to a loss of A 551.05 million (5562.9 million) in the six months to December from a net profit of A 526.36 million a year earlier. But the international transport giant said it
      Reuter  -  433 words
    • Article
      Lock icon Union won't accept any new concessions from GM
      269 50 Reuter DETROIT The United Auto Workers union said it has no intention of accepting any new concessions from General Motors Corp. UAW chairman Owen Bieber said in a statement that the union will not accept any contracts similar to that granted GM
      Reuter  -  269 words
    • Article
      Lock icon Airbus told to study display changes on the A-320
      454 50 Reuter PARIS The French government on Monday gave the Airbus Industrie plane-making firm a month to study ways of changing the cockpit display system on its A-320 aircraft after one crashed in eastern France last month, killing 87 people. Transport Minister
      Reuter  -  454 words
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      8 33 lor advertising enquiries, contact Shipping limes Tel 740-2089/740-2090.
      8 words
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      Page 33 Advertisements Column 2
      120 33 -elix&iP! BT shows you how every Monday. 1 1 1 1 ■\> v c* sy ■\> J 4}t >il i "3 v >*2j «<• j' '< 1 -v." r. s I v ;-:.v Vnv j If alf£ vl ,i- ¥*'> v -V* *J'ji &••£> v'M 1 K. r i r
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      216 33 SUMMARY Feeder service at Laem Chabang port AS CARRIERS launch or expand main-line services between Asia and the US or Europe or in the intra-Asian trade, they are paying more attention to feeder services to ports such as Bangkok. The carriers recognise that the main-line services depend on the feeders
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      103 34 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 1 relevant book reviews. fi L 5) ENTERPRISE MANAGEMENT, in k Business Times every Monday, is must reading for managers who want the L^ —i
      103 words
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      1564 35 mm oocl (8) pte ltd jaroine shipping aqencics «si|f A TEL: *****11 FAX: *****09 \lllW BOOKINGS TEL: *****234 *****58 VflVfVmW TERMINAL/CFS TEL: *****218 220 pBAAAATI PESAKA JARDINE SHIPPING AGENCIES SON. BHO. L VSSQr J PORT KELANG TEL: *****18 FAX: *****91 *****88 rw^i M PENANG TEL: *****4 FAX: *****1 CFS TEL:
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      Page 35 Advertisements Column 2
      1936 35 Mar 10-14: Cruise Shipping 92 Conference 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 2-Jul 25 (5
      1,936 words
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      Page 35 Advertisements Column 3
      1398 35 NEXT SAILING TO MIDDLE EAST OCEAN BLESSING VOY 113W ETA SIN 27/2/92 I VMM Voy ETA ETD Feeder by -DESTINATIONS Johanna to Thtt *Mk Marchen Maerak 9204 cv 3/s oaoo mrs Port CFS 2/3 2359 HPS Keleng Peneng OAK LOB HOU MEM ATL MM CHS BAL PHL NYC MON TOfl
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      1427 36 ROAM/ w, mi imii mill ill VOY NO S PORE JEOOAH S'HAMTON H BURQ ANT IE HARVE f HAMBURG EXPRESS 07/108 27/2 7/3 21/3 17/3 16/3 TOKIO EXPRESS 04/308 1/3 18/3 20/3 23/3 24/J LOU KATSURAQI 10/100 S/3 14/3 28/3 24/3 23/3 THAMES 10/309 8/3 25/3 27/3 30/3 31/3 StinWitMM
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      Page 36 Advertisements Column 2
      695 36 SEASPAC SERVICE MttCT SOUTH PACfK fIK SIN NOU SUV PPT IMPERIAL 3202 EB IN PT 12/03 15/03 20/03 PALE MBA NO 3301 EB 25-27/3 7/4 10/4 14/4 Traratt Tkiw (13) (13) (22) ALSO ACCfPTSK CABGO «U SIVA TO: LAUTOKA, PAGO PAOO. APIA, NUKUALOFA, P. MLA FASTEST SOTOCE TO CHLE/PPU SIN
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      1339 36 1 Mgoism mw[ REGULAR INDEPENDENT FULL CONTAINER SERVICE WEEKLY LCL SERVICE WE ARE PLEASED TO ANNOUNCE AS FROM NORASIA SAMANTHA V 9202-3 ETA SINGAPORE 16/3/92 LCL CARGOES CAN BE ACCEPTEDTO THE FOLLOWING DESTINATIONS. m ,4 ITALY VENICE/TRIESTE/ANCONA EGYPT ALEXANDRIA/PORT SAID TURKEY IZMIR/MERSIN GREECE PIRAEUS MALTA VALETTA SLOVENIA KOPER FOR BOOKINGS/ENQUIRIES
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      1867 37 m m STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanlord Building Singapof 0208 Tel: *****88 Fa»: *****17 ACCEPTS DUE SMS JSISSSwi JSEsSr™" «"•£Si£ a™.""" 1 |S» m'Smj. MJ«H HOOKI VOCE Mwra La*. KK 03 04 Mar 05 Mir M Mar J"* STRAITS HOPE MX Mora. Ami. Taw 03
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      Page 37 Advertisements Column 2
      2505 37 SINGAPORE AGENT: PAO Containers (Singapore Agencies) Pte Ltd 'JL \jUillCl 1 llvl O 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 ■HHi Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z [^-rrrrn |T t EXPORT IMPORT YISSBL WO* 'mo *P«a MN ALO
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      517 38 CR NBR **********0-0 EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE vsl/vov reott rom/adam htburg brum antorp MATAMM/31W6 3/3 5/4 10/4 14/4 17/4 SRMUAYA/34W8 12/4 15/5 20/5 24/5 27/5 XUTAI/ttlW 26/4 29/5 3/6 7/8 11/6 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAMERMEO CARGO Statofoct to Inducement Also cstqo to Cmc Mmcli Port Md, Fort
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      Page 38 Advertisements Column 2
      1369 38 OHANJIN SHIPPING FOR «3L SSI LBE HAUL 168 OAK FOR VS. SH |UE HAUL SAf IM RYC HARM HAMBURG 90JE 1/3 DMECT 22/3 25/3 NMHR OEN67K 2/3 H. KWYORK 63K 9/4 18/4 12/4 HAMH ELBABFIM 683E 6/3 DMECT 29/3 1/4 MMW nMKtMK 8861 9/3 A YOKOHAMA 836E 16/4 17/4 19/4
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      Page 38 Advertisements Column 3
      1299 38 m*M =i"i d-1 ti dd M i I MHI^ piHHayiMHllMlialMaHHMilMllililllltaßßHMMillMMj^HHl lin»ixi«iatwii«niinDuu(MHiimuiMwwiKniainv| t CUM) M4JI hPi I/I 4/1 »/I 1/1 11/1 12/3 11/1 14/3 14/1 27/1 1/4 14/4 11/4 21/4 22/4 21/4 24/4 8/4 Vi IVI 11/) Wl I aua 4E4M 1/1 4/J 1/1 M/l U/J 11/J 17/3 11/1 24/1 21/3
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      1948 39 V 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 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 JV UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 AUST/INOIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 TW NEPLINE SDN BHD
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      Page 39 Advertisements Column 2
      897 39 SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQWRIES: *****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 EASTBOfC—QgCHAKOWC mTBOWP-LOAOBK IKWCHTfO) W» WTTHPMI"] rem www [at iw
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      1646 40 —-1 KT AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) V V TWT m TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 I I > I 11/ MALAYSIA: 'K' LINE MARmME (MALAYSIA) SON BHD JT rTTT TELSAS6Q24OO PK*****01/5 PENANG632O2O J*****01 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUTINTERNUSA TEL: JKT
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      Page 40 Advertisements Column 2
      1111 40 PHILI-ORICNT LIN€S PTC LTD 4% V" 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA.... IVE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUtTRAUAMEW ZEALAND/SOUTH PACIFIC FCWI HHTIC* 04 MAR SYDNEY. MELBOURNE. BRISBANE, FREMANTLE
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      1123 41 PACIFIC INTERNATIONAL LINES (PTE) LTD g HHp 140 Cecil Street. #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: *****67QOOQE VESSEL VOY SIN JKT SIN VESSEL E'? BUNQA TERATAI 093 1/S 3/3 t/3 J*? 1 2/3 8/3 KOTA RAKYAT 101 3/3 8/3 1M ffggg* 22 2/3 8/3 EQUATOR MAS 3SN
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      Page 41 Advertisements Column 2
      796 41 EacßenV F CLASS CONTAINER TRANSPORT FEEDER VESSEL PENANG PKELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) ANSON/TBN 28/2 28/2 BENALDER 2082 3/3 20/3 22/3 23/3 25/3 ANSON/TBN 6/3 7/3 TQYAMA 2092 10A3 2773 29/3 30/3 1/4 ANSON/TBN 13/3 W3 AROSIA 2102 3/4 5/4 6/4 8/4 ANSON/TBN
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      Page 41 Advertisements Column 3
      415 41 fMB~IiiTAII6 MAS SHIPPING PTE. LTD. 39 NEI ROAD SMGATORE 0201 WJmKm TEL *****5S Tlx R*****5 SMO FAX: ******4 ACCEPTS POUTS OF STORE CARGO DCS TWA TONS MNTANG KLAIT VOTE ta Pt/26 Feb Oa#y BMakt, MM. KBatart MERCURY JADE VO4E 03-04 Mar Da*? Mmti, Labun. KK MNTANG SERM VOCE 05-06 Mar
      415 words
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      Page 41 Advertisements Column 4
      483 41 tad MYANMA fHk FIVE STAR UNE w (Myanmar National Uaa) Loading for Yaafon (Raafoon) Sport P.KIf Ptn PGOf MM VII4W 7/ 9 Mar HPA AN VI74W 12/15 Iter fAGAN VIIOW 19/21 Iter THE BANK LINE (A—wtaotAiKrwi Wth f tripping) VT SEMI-CONTAINER SERVICE \l HEAVY LIFT CAPABILITY I EXPRESS TO PRPUA
      483 words
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      Page 42 Advertisements Column 1
      686 42 STRAITSMAPANH^ SPECIALIST IN RO-RO HEAVY LIFTS I INBOUND VESSELS I vim my sr n ik u I CMK TIAKI 23 SM ta Pt I SUI UWVA 7$ 1/1 27/2 I MAKE MM* 22 li ft 21/2 I MM 3/) I TUUMC m II l/J I IMJM 1 2/1 4/3 I
      686 words
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      Page 42 Advertisements Column 2
      90 42 \REGULAB CONVENTIONAL SERVICES/ S pore P.Kelang Loading for I ■OS PIONEER 29/2 2/3 Rdm/Atw/UK/Nantes ETHNOS 10/3 14/3 Casabtanca/Rdm/Flushng/Atw/UK I FURIA 15/3 11/3 Rdm/Atw/UK/Nantes I S pore Loading for I IIM HU 2/3 Dubai/Ootia/Dammam/Kuwait I RISER 10/3 Dubai/Bahrain/Dammam/Kuwait I Hpuma 10/3 Aden/Hodetdah/Jeddah I HIBE 15/3 Hodeidah/Jeddah/Aqaba/Port Said I S pore Loading
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      Page 42 Advertisements Column 3
      118 42 CPBOOfLO /SHENZHIN SHIPPING 'TSa vV WEEKLY #china S i©L A CONSOLIDATION JESSE Vnr H China Ports Include: 9T j——\ VO KOn BEIJING CHANGCHUN CHANGSHA VV CHFNRDU CHONGQING FUZHOU GUIUN HARBIN KUMMING XIAN \A NANNING QUANZHOU SHEKDU SHENYANG SHENZHEN WUHAN K V <] XIAMEN ZHENGZHOU /7 all points OF CHINA EUROPE/S.E.A.
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      1212 43 rgg& CALL US, WE CALL VIETNAM DIRECT FEEDEH VESSEL PK6 PEN OCEAN VESSEL SM LEH(3) RTII(l) HAM(2) BW FU SOU GOT *SSEL Jkt P*| Stai Auckland Ff(A) Nftynwuth(A) Tiraaru LjrttiH#n(B) !?T P 6. Scroja/832 W Bhum/560 29/2 27/2 Hennes Hope/2032 3/3 21/3 22/3 24/3 25/3 23/3 24/3 2S/3 W W
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      793 44 TO AUSTRALIA/NEW ZEALAND iFran |Ma» |S,<l |*uc!i INK |P CHAIM MARTHA Ini 4/3 18/3 15/3 l>/3 24/3 28/3 EUEN HUM HT 18/3 75/3 3875 V* 1/4 ToTS BOUJJfL 288 12/4 19/4 23/4 27/4 3/5 5/5 c maui 2» wi i/i */5 ib/5 ib/5 TiTs TO USA/CANADA [ui> |MI PtlCtalaat— I
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      Page 44 Advertisements Column 2
      530 44 TSKLINE Direct Call to YOKOHAMA every Friday to serve you better (Also accepting FCL to Bangkok/China/Osaka/Moji/ Hakata/Hiroshima/Shibushi/Naha/Sendai/Manila Direct) i MALAYSIA AGENT NYK Agencies (M) Sdn Bhd INDONESIA AGENT Semudera Indonesia KL Tel: *****66 Fax: 03-*****60 Tel: *****12/3 PKL Tel: *****15 Fax: 03-*****70 Fax: 004-9231-*****9 PNG Tel: *****9 Fax: 04-*****9 Tlx:
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      Page 44 Advertisements Column 3
      162 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD in eta n« SPORE PORT RQJMG POMS BLUE INK 10/3 Load** tor U* KNM HUDHU 5/3 Loading tor Calcutta OOLNON 1/3 27/2 iMtkflf For Matt men SUPREME 5/3 Loadinf for Mate OOMUUIM 10/3 loaded For F«kwaru progress mn 29/2 m Port Loadinf
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      Page 44 Advertisements Column 4
      1600 44 r Z~ 1 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE MAurn-S Kom: SINGAPORE'S GENERAL AGENTS gngwjff PIE LTD r ASe»mSm :SSMiiW SLImmSSS' GUAN GUAN SHAPING SON BHD CR in **********0 M iS ?SU« lii/w PKIANG IE: 3SW2K/7. ****** MX) 2 USTO ROAD JAKARTA PUSAT FU: 03-36M764 TLX: MA *****
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      555 45 M FAMOUS CONTAINER UNES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 0207 HOT LINE *****33 24 LINES UMASSOL/PIREAUS 29/2 ROTTERDAM 29/2 HAIFA/ASHDOD/ALEXANDRIA 29/2 HAMBURG/BREMEN 29/2 MARSEILLE/FRANCE 29/2 FELIXSTOWE/UK 29/2 BARCELONA/SPAIN 29/2 LEHAVRE/ANTWERP 29/2 GENOA/ITALY 29/2 GOTHENBURG/SCANDINAVIA 29/2 LOS ANGELES/WC/IPI 29/2 SYDNEY/MELBOURNE 29/2 NEW YORK/EC 29/2 FREMANTLE 1/4 VANCOUVER 29/2 BRISBANE/ADELAPE
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      Page 45 Advertisements Column 2
      845 45 BniSmEinßßsnsSeiEnsKTnTn TEL: *****33 (12 Um| HI FAX; *****15/2293)03 ItOj TELEX: RS 3SM3 RWHIP (3 Uom) P§A ETHIOPIAN SMPPMG LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL vessel Ivov eta loaoino for SPORE ABYOT 28WB 30/03 OARtSSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABBAY WONZ 32W8 25/04 OARESSALAAM MOMBASA. DJIBOUTI ASSAB.
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      Page 45 Advertisements Column 3
      463 45 JAKARTA BANGKOK I WT m «T \[rnm ■qua inn m —27/02 21/02 mm bhum# itw m 20/02 02/03 I y» *'02 >1/M Mm *I**o 1711 fri 2>/t2 Mi 02/03 I "P"* Ul IM/E3 07£03 MUTI BHUM 7W Sm $1/03 IH4 04/03 I W 07/03 10 03 «W WW 499N Mm
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      Page 45 Advertisements Column 4
      329 45 i ran-une VBL VOY SMOAPORE MADRAS SMOAPORE VESSEL VOY SM MM SM TWER SHARK 09N 27-20/02 05-07/03 13-14/03 T*® BRSWE 193N 02-03/03 00-10/03 10-17/03 TWER SPEED 194N 00-10/03 15 17/03 23-24/03 VE VOY SHQAPOHE/CALCtnTA/SWQAPORE VESSEL VOY SM CM. SM TWER RIVER 145CN8 27-20/02 05-00/03 15-10/03 EAGLE BREEZE 009 02-03/03 00-13/03
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      1388 46 n n n i r n r n n ri n i miri n n MAC-NELS 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 ?«/> S/9 T« Cctombo 28/2 29/2
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      Page 46 Advertisements Column 2
      386 46 blue stab imt TO FROM MEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SN WI ML ITT SM PtOSPECT ITS 6/3 IC/1 VIA NPI 11/3 4/4 MANDAIM 0516 12/3 24/3 MA NPI 2S/3 IS/4 man m 2C/3 7/4 via npi 9/4 2«/4 FULLY CONTAINERISED SAILINOS DISCHARGING
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      1081 46 I THONG SOON LINES PTE. LTD. Mi 77 ROBINSON ROAO #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: rs ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA rasa Iwt leta liht pa w spue p. mm KIM SOON
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      802 47 W. COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM CAILAO, IMTARAN, 10* t OTHER PERUVIAN TORTS* WTHT/S *T KOBE ON CPV THROUGH BRA Of LAOMG. WpV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGM/lAPAN SERVICE ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM KOBE. YOKOHAMA, NAGOVA, MO A, TOKYO*. MAM.A*, DAVAO*. Nnaaf* P. Kitanf
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      496 47 ICZ3Z I M Eu££l N.AMERICA/CARRIBEAN SERVICES *«a [wr [aw Mmnho Iwi La taT |w Nrc fcn m AtflAICtA m 7/3 m UMONO lit 20/3 t/4 11/4 12/4. HZA-. m Yokohama m s/2 m cax 3/4 12/4 11/4 11/4 21/4 eiai m 19/3 11 JL_ IW_ Wi- tsii- 2kl_ WA— m
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      462 47 MUHHK SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTINO FCL/LCL DUBAI DAMMAN SHARIAH DOHA. MUSCAT. BAHRAIN. ABU DHABI BANDAR ABBAS. JEDOAH FAR EAST ACCEPTING FCL/LCL PENANG P/KELANG. JAKARTA BANGKOK. HONG KONG. TAIWAN JAPAN. MANN.A. KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE. LEEDS. TILBURY, ABERDEEN. LE HARVE. HAMBURG. ROTTEROAM. ANTWEP GOTHENBURG. COPENHAGEN i ALL
      462 words
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      Page 47 Advertisements Column 4
      527 47 iimumiuiumm ASEAN/CHINA SERVICES VESSEL SGP PR PNG P GUDANG KTN FOR Q SHAN 03/03 HUANGPU/SHANCHAI r GU 15/01 OAI lAN QOtGDAO MADRAS/COLOMBO/BOMBAYACARACHI SERVICES SCP PR PNG TANGOON KTN FOR Y TMG 21/02 RARACN/CaOMBO T. TANG 20/03 COLOMBO SINGAPOREAAADRAS/SINGAPO RE FOACL SERVICES SGP MDS TON It-10/02 24-20/02 TON 11-20/02 2020/02 TON
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      Page 47 Advertisements Column 5
      421 47 Sflj FMEJUT 2/3 KEELUNG/KAOHSIUNG 1/3 BANGKOK j 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 SIN MM 28/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAJ/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCI cargo SIN EIWOPE/U* 29/2 LDN/FLX/LVP/SOU 29/2 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SjN lISA/CAMABA 29/2 LOS
      421 words
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  • Page 48 Advertisements
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      Page 48 Advertisements Column 1
      690 48 pit FIL CONTAINER SERVICES PTE LTD MADRAS CALCUTTA tm/UABMM V»L IN/CALCUTTA mm m cm m mxi murns sm »i-w/m h-ii/m not wmuki na/u h-m/k ivu/w 27-a/tt OM7/M U-14/M «43/13 M-13/13 M-M/13 tt-WM M-11/M 1H 7/13 17-W/I3 14-11/ M M-H/M JAKARTA DUBAI HONGKONG V MN/JAKAWTA VII BIN/PUBAI VII WW/HONOKOWO *T sm
      690 words
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      Page 48 Advertisements Column 2
      434 48 Bonterml 5^ CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION TOUR FIRST CHOICE TO:— SYDNEY 29 FEB '92 AUCKLAND 5 March BANGKOK 7 March EUROPE 29 Feb GOTHENBURG 1 March PENANG 2 March PORT KELANG 2 March JAKARTA 3 March MELBOURNE 29 Feb SYDNEY 29 Feb ©235 0633 (KATHLEEN/ NICHOLAS/
      434 words
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      Page 48 Advertisements Column 3
      467 48 This Week's Sailings I ETD ETD n l Singapore Singapore i Bangkok l/J/»2 R Ant»^p m W/MI y Purl Kelang 28/2/92 (Onforwarding Port Louis 05/3/92 eoi Singapore 778 6522 779 2738 Esther Yap TJftr VO7-*****8 07-*****3 Alfred Ng l^frf-A) jwr Jakarta 021-*****40 021-*****01 Troy Hsu 77Q4MS-L//WC INCHCAPE SHIPPING SERVICES (S)
      467 words
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      Page 48 Advertisements Column 4
      414 48 > MANILA ETA WGOUR PACIFC 5 TUB 29/2 VIGOUR SWGtfOtt 21NB 7/3 BANGKOK 1/3 1/3 BUSAN 2/3 9/3 HONGKONG 28/2 t/3 LOUS 5/3 16/3 KEELUNC 2/3 9/3 U.S.A. 2/3 9/3 PT KEUWC 2S/2 3/3 KOBE 2/3 9/3 PWAEUS 4/3 11/3 OSAKA 4/3 11/3 IAKARTA 28/2 3/3 OUBAI 29/2 9/3 ■BHWWHJUMi
      414 words
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  • Page 49 Advertisements
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      Page 49 Advertisements Column 1
      294 49 \Qc Oc Oc Oc Oc OcOc U VAN OMMEREN CETECO GROUP V > TRANSPORT DIVISION U VOTAINER CONSOLIDATION SERVICES: A THE ONLY CONSOIiQWQRWBHWfiLDWIDE NETWORK V J WeetdyFCLACL Services To/From V V USA EUROPE FAR EAST > Btttmore: Volalner Coosdidaflon Services Hamburg van Ommeren Hamburg Gmoi S'pore: Van Ommeren SNpplng(S)Pte lid.
      294 words
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      Page 49 Advertisements Column 2
      12 49 in Business V> V. t -.1 V 7 Jl! 4, Vv Times
      12 words
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      Page 49 Advertisements Column 3
      229 49 A STAGER FREIGHT SERVICES PTE LTD @22} TEL 273-3838 FAX: 274-1100 PK: 03-*****60 »PEtt 04-*****2 *JKT: 21-*****1 *88Y: 31-*****0 SIN LM/PAR FFURT/MANNHEIM IRON/MADRID PORTO STUTTGART VALENCIA USBON THESSALONKI 1/3 19/3 23/3 23/3 24/3 25/3 SIN VCR MTL/TOR «N SYO MELB 4/3 29/3 4/4 29/2 11/3 12/3 11/3 5/4 11/4 5/3
      229 words
  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      273 49 TIDES AND WEATHER TODAY'S WO ("m in metres) HOW 0000 0100 0210 0300 0400 0500 0600 0700 HOO ****************************************1900 2000 2100 2200 2380 JR L 5 II U 25 2.6 13 13 19 1.6 1.3 1.0 0.9 09 1.0 1.2 1.4 1.6 1J 16 16 1.5 1.4 1.4 1.4 PP
      273 words
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  • Page 50 Advertisements
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      Page 50 Advertisements Column 1
      1161 50 CHARTPOINT Every Saturday in Business Times Jk HYUNDAI MBRCHAirr EASTBOUND FEEDER TO PACIFIC BQUTH-WEBT TO PACIFIC NORTH-WEST Fgna wr m to m utma. muo im o* su imhui wt km tcwm rn DM Ml 292 NUS 22/92 23/12 21/12 H. COMMMOED 32E 29/92 11/03 U/U 21/03 HAMOW B#OGl sft 04/03
      1,161 words
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      Page 50 Advertisements Column 2
      409 50 CHARTPOINT Every Saturday in Business Times WEEKLY SAILING MEDITERRANEAN GENOA BARCELONA MARSEILLE I |SIA FREIGHT MANAGEMENT GROUP SIN JKTPKL PEN BKK MNL JOH BSB tel *****11 *****66 *****96 *****8 *****29 *****76 *****1 *****3 *****59 *****14 *****88 *****8 *****17 *****79 *****5 *****6^J JEDDAH/UK/CONTNEISTT kf|^H Irrw Iks jton hum iimh km c—»hr.
      409 words