The Business Times, 6 March 1992

Total Pages: 48
1 48 The Business Times
  • 17 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Friday, March 6, 1992 75* L
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  • NEWS SUMMARY
    • 56 1 BEIJING China and Russia signed a trade pact yesterday, their first official agreement since last year's collapse of the Soviet Union. The agreement on trade and economic cooperation would serve as "providing a framework and main direction" for Sino-Russian economic ties, said a Russian
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    • 66 1 WASHINGTON The number of Americans filing firsttime claims for unemployment benefits fell to 437,000 in the week ending Feb 22, the first decline in three weeks, the government said yesterday. The Labour Department said new claims for jobless benefits fell by 21,000 from
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  • MARKETS SUMMARY
    • 28 1 WALL STREET opened lower yesterday with the Dow Jones index of 30 leading industrials declining 9.39 points to 3,259.17 in the first five minutes of trading.
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    • 22 1 LONDON shares were weaker at midday yesterday. At noon (1200 GMT), the FTSE 100 was down 19.7 points at 2,538.7.
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    • Article, Illustration
      31 1 I I Thursday Chang* BT-MGA 702.60 -0.89 Kuala Lumpur ....593.93 -4.71 Tokyo 20,864.42 -241.00 Hongkong 4,964.29 +9.79 Sydney 1,608.3 -6.9 Wednesday Change New York 3,268.56 -21.69 London 1,988.5 +1.5
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    • 24 1 Exchange rates USS SS 1.6545 100 Yen SS 1.2529 MS SS 0.6430 Motoy market rates Overnight 2 7/8 -1/8 3-montn 3 7/16% -1/16
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    • 36 1 London Gold AM fix US$349.60 -US$0.60 Rubber S'pore Apr.... l34.50*/kg unch M'sia Apr 2lO.OOVkg unch KL Tin Turnover 26 tonnes -II Spol MSI4 10/kg +0.01 Crude palm od Turnover 505 lots +87 Apr MS898/tonne +4
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  • 528 1  -  But few firms intend to move entire operations: SMA survey By Claire Leow SINGAPORE Two out of five manufacturers have either moved or intend to relocate part of their business to neighbouring countries to cope with rising labour costs, a survey by the
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  • 320 1  -  By Sylvia Wong SINGAPORE "An accidental woman of the year" was how Professor Chan Heng Chee described herself after being named Woman of the Year last night. The title was given by jeweller Van Cleef and Arpels. Her World, and the Hyatt
    Picture by Chris Loh  -  320 words
  • 463 1  -  By S N Vasuki SINGAPORE The unprecedented bull run on the Bombay Stock Exchange (BSE) this week following the Indian Budget announcement has spurred six international investment firms to revive plans to launch offshore funds to invest in Indian stocks. A
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  • 396 1  -  From L Leslie Lopez, Shirish Nadkarni in BOMBAY MALAYSIA'S national oil firm Petronas said yesterday the Indian government had not informed it of any decision to suspend purchases of its products. "Petronas is aware of the press report on this matter. However,
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  • 164 1 SINGAPORE The ringgit surged to a 47-month high against the US dollar yesterday, even though Bank Negara bought dollars through local banks. Dealers said the central bank bought the greenback to slow the rise in the value of the Malaysian unit. The ringgit closed
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  • Page 1 Advertisements
    • 629 1 Allen Edmonds Pelue Fiaeut «02 38. Centrepoint (Tel: *****68) #01 10. Liang Court (Tel- *****52) Sltdgtn *02 07, Orchard Emerald (Tel: *****35) and selected retail outlets. Sembawang shines SEMBAWANG Shipyard achieved a nearly 40 per cent increase in net earnings to $72.2 million for the year ended Dec 31, 1991.
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    • 4 1 Market round-up, Pg 6
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    • 80 1 MADE IN WEST Scxe Agent WONG BROTHERS SHOE Tel: 283-3834 Ringgit reverses slide, rallies to M 52.5730-40, Pg 27 BALLY I Mm j/fr jnr SHOES FASHION ACCESSORIES BALLY BOUTIQUE in SINGAPORE *0118 Raffles Hotel/Shaw Centre/Raffles City/Royal Holiday Inn Crowne Plaza Autt>ort*«d d*at*ri DFS. Tangiin Road/Mendien Hotel Iwton, Haveiock Rood/Parkway Parade/Wtsma
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  • PAGE 2 NEWS
    • 363 2  -  Cost of training will be kept affordable, says Lim Boon Heng Reports by Joseph Rajendran SINGAPORE The government will introduce a scheme within the next couple of months to help the private seetor take greater responsibility for training workers. Senior Minister
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    • 296 2 SINGAPORE A local company will, with the help of a multinational, become the first Singapore printing company to have its work recognised worldwide. The local operation of US multinational Apple Computers is now helping International Press Co (Pte) Ltd to implement the
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    • 342 2 SINGAPORE A local components supplier is broadening its market to cater for the entire electronics industry after previously being dependent entirely on the disk drive sector. To achieve this, Micro Machining Industries will spend $14 million over the next two years to
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    • 652 2  -  Sectors face high costs, short supply, inefficiency From Michelle Rowe in BANGKOK THAILAND'S pulp and paper, plastics and palm oil industries are "least ready" for lower tariffs under the Common Effective Preferential Tariff scheme that Asean has adopted, the country's leading
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    • 357 2  -  Reaction to Hongkong Budget Fran Catherine Ong in HONGKONG THE TOP Chinese official in charge of Hongkong affairs yesterday slammed the territory's latest Budget, alleging that it breached a Sino-Brit-ish pact on fiscal matters. Lu Ping, who oversees Hongkong and Macau affairs, said that
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    • 162 2 AFP HONGKONG China is planning to clarify its investment rules to entice more foreign funds to the country, it was reported here yesterday. The proposals were contained in a report entitled "Further development of foreign investment enterprises" prepared by the State Commission for Restructuring of
      AFP  -  162 words
    • 245 2 Bernama KUALA LUMPUR Malaysia's International Trade and Industry Minister Rafidah Aziz said the country's cement industry will have problems competing with producers from other countries once lower tariffs are introduced under the Common Effective Preferential Tariff scheme. In her address during a meeting with visiting
      Bernama  -  245 words
    • 245 2 Bernama LONDON Malaysia will have a fourth television channel and details about it will be announced sometime this year. Information Minister Datuk Mohamed Rahmat said here yesterday. TV4, a privately-run station, will be among three new television channels that will come
      Bernama  -  245 words
  • Page 2 Advertisements
    • 85 2 The Asean Furniture Show Goes International Source for the latest furniture from over 200 8,500 sq m to 16.000 sq m and expect a leading manufacturers from all over the world response of 10.000 trade buyers and visitors. exhibiting the finest of international standards Tap into the worlds markets at
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  • SINGAPORE NEWS
    • 505 3  -  By Colin Tan A SHOPKEEPERS' group yesterday expressed concern over the impact of some recommendations of the retail concept plan and the HDB sale of shops programme. The Federation of Merchants' Associations (FMA) said that while it agreed with the thrust
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    • 189 3 THE Singapore Institute of Standards Industrial Research (Sisir) will assist the Ministry of Health in certifying the quality of condoms in Singapore from July 1, 1992. Sisir said in a statement yesterday that the quality assurance scheme for condoms is part of the Ministry
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    • 263 3  -  By! Selva Kumar THE Attorney-General has appointed a committee to review the Arbitration Act in a second major legislative effort to promote Singapore as an international arbitration centre. AG lan Boon leik told a seminar for newly-appointed arbitrators yesterday that the committee would
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    • 377 3  -  By Dawn Tan A GROUP of creditors of debt-ridden Desaru Resorts International Sdn Bhd (DIRSB), erstwhile developer of the multi-million-dollar Desaru resort project, have come together to press for payment of unpaid bills totalling Ms 47 million (Ss3o million). In what is seen as
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    • NEWS ROUNDUP
      • 52 3 WYSE TECHNOLOGY, a US-based personal computer manufacturer, has appointed Global Computer Distributors as its local distributor for its high-performance terminals, PC systems and products. Global Computer is part of the Challenger group of companies which distributes a wide range of PCs and peripheral products,
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      • 67 3 NORWEGIAN shipping supply group Unitor will be hosting a seminar on the impact of the phasing-out of ozone depleting refrigerants or chloroflourocarbons (CFC) on the marine industry. The talk will be held on March 11. Eric Schau, who is leading a project for the United Nations Environmental
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      • 63 3 THE Edith Cowan University in Perth, Australia, is inviting Malay/Muslim students to apply through Yayasan Mendaki for a three-year business studies scholarship worth $36,000. The scholarship, starting in July this year, will cover all tuition fees for the Bachelor of Business course and include one return economy
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      • 63 3 THE Institute of Public Relations of Singapore will announce the third Prism Awards tomorrow at the Marina Mandarin Hotel. Prism, which stands for public relations in the service of mankind, is a biennial competition to give recognition to organisations with outstanding community relations programme. The third
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      • 56 3 SINGAPORE Exhibition Services Pte Ltd is organising two joint exhibitions on oil and gas from Dec 1-4. They are the Offshore South East Asia 1992 (OSEA) and the Refining, LNG PetrochemAsia92. This will be the first time that Refining, LNG PetrochemAsia is being held. OSEA is
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    • 200 3 Alleged multiple share applications THE two securities men charged with criminal deception for allegedly having made multiple share applications will have to wait a little longer before their cases receive a full hearing in court. Last December, Patrick Teo, former managing director of
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  • Page 3 Advertisements
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    • 123 3 r™"' «»-==i«' =i» WM I The Best of Teochew TEOCHEW CITY Teochew City Seafood Restaurant, a ffiTi —Piril \X ill lAk connoisseur's haven, where each dish is M u' Vvfl ]vJW prepared to time-honoured traditions, using I y( 'If only the freshest seafood and vegetables. I ***** Til 0- v
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 59 4 SINGAPORE Guthrie Manufacturing (S) Pte Ltd yesterday bought 21,000 shares in L&M Group Investments (S) Pte Ltd at $1.65 apiece and 12,000 shares at $1.66 each. Its parent, Guthrie GTS Ltd, with associated parties now controls 24.85 million L&M shares, representing 37.16 per
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      • 32 4 SINGAPORE RMCA Reinsurance Ltd yesterday appointed Ng Seng Leong to its audit committee. The other audit committee members are Messrs Chong Kie Cheong and Lock Sai Hung.
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      • 45 4 SINGAPORE Keng Huee Chau, a substantial shareholder of Amcol Holdings Ltd, on Wednesday sold 1.3 million shares in the company at $2.45 apiece or $3.19 million. With the sale, Mr Keng has cut his stake in Amcol to 10.18 per cent.
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      • 25 4 SINGAPORE United International Securities Ltd said yesterday its net tangible assets per share at the end of January 1992 was $1.33.
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      • 82 4 KUALA LUMPUR Dataprep Holdings Bhd has entered into a memorandum of understanding with Resource Management Consultants (Asia) Pty Ltd to set up a joint venture company called Strategic Management Sciences (Asia) Sdn Bhd. Resource Management is an associate company of SMS Consulting Group Pty Ltd (SMS) of
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      • 75 4 KUALA LUMPUR Posim Bhd, which is seeking listing on the Kuala Lumpur Stock Exchange Second Board, hopes to increase its market share for spark plugs to 30 per cent for the next 24 months from 5 per cent currently. Its chairman and managing director,
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    • 135 4 SINGAPORE Focal Finance Ltd has announced net earnings of $4 million for 1991, up a quarter from $3.12 million the year before. The finance house of the OCBC Bank group, however, does not think it would be able to maintain the performance
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    • 503 4  -  By Rahita Elias SINGAPORE Marinebased Sembawang Shipyard has scored a nearly 40 per cent increase in net earnings to reach $72.2 million for the year ended Dec 31, 1991. Group earnings per share (EPS) also rose 37 per cent to 39.6 cents, in
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    • 248 4 SINGAPORE Rothmans Industries turned in virtually flat net earnings of $22.65 million for the half vear ended Dec 31, 1991. This was achieved on a turnover of $110.12 million, a mere 4.3 per cent higher than for the 1990 half
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    • 483 4  - Land General emerges as largest RHB shareholder By William Chia SINGAPORE In a surprising turn of events, Land General Bhd (formerly General Lumber), a company controlled by bumiputra entrepreneur Wan Azmi Wan Hamzah, has overtaken Datuk Abdul Rashid Hussain as the largest shareholder of Malaysian stockbroking group Rashid Hussain Bhd
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    • 203 4 SINGAPORE The United Overseas Bank Group has made changes to its organisational structure to promote greater efficiency and better customer service. The local bank said in a statement yesterday that it has expanded the portfolio of newly-promoted executive vice-president Samuel Poon Hon
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    • 334 4 SINGAPORE Leading British fund management group Templeton, Galbraith Hansberger Ltd made record net earnings of US$63.l million (S$ 104 million) in 1991, up 9 per cent over the previous year's performance. Turnover however was flat at U*****.22 million against U*****.64 million previously. Templeton said in
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    • 242 4 SINGAPORE Antah Holdings has bought out its partner in a loss-incurring industrial cleaning service, Initial Environmental Sdn Bhd (lES). for Msl (550.64). And in place of BET (International) BV, Antah has invited Jardinc Asian Holdings Inc to take up a half stake in
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    • COMPANY BRIEFS
      • 104 6 JAKARTA Lurgi AG of Germany, PT Freeport Indonesia and Nippon Mining Co will build the first ever copper smelting and refinery plant in Indonesia. Antara news agency yesterday quoted Lurgi AG president Jans Peter Schaefer as saying that the USSS6OO million (*****.7 million)
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      • 114 6 LONDON British confectionery and beverage group Cadbury Schweppes pic gave off the sweet smell of success on Wednesday, reporting a 13 per cent rise in pre-tax profits in 1991 due to acquisitions and increased trading margins. Group pre-tax profits rose to £316.4 million (*****.4 million) from
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      • 113 6 SYDNEY Failed Australian tycoon Alan Bond yesterday lost another challenge to a Asl94 million (*****.1 million) bankruptcy order but his six-month legal battle for financial survival may not be over yet. Federal Court judge Trevor Morling rejected Mr Bond's argument that the bankruptcy order was invalid,
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      • 89 6 PARIS BSN, the French food group, on Wednesday received the go-ahead from the Paris Stock Market authorities for its 6 billion francs (SS 1.75 billion) hostile bid for Exor, the French property company that controls Perrier mineral water. The BSN bid, unveiled in late
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    • 718 6  -  Aerowisata's US$ 110 m plan involves six new hotels, a venture abroad From Maggie Ford in JAKARTA INDONESIA'S biggest hotel group, P T Aerowisata, has embarked on a US$llO million (S$ 182 million) expansion programme involving the building and management of six hotels in
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    • 361 6 Reuter SYDNEY Goodman Fielder Wattie Ltd (GFW) has said profit before tax and abnormals in the year to June 30 should be modestly above the A$ 143.3 million (S$ 177.7 million) reported in 1990/91. It earlier announced a 14.8 per cent rise in
      Reuter  -  361 words
    • 642 6  -  MONTHLY ROUNDUP Liberal budget, overseas confidence boost sentiment By Rajendra Bajpal NEW DELHI Stock markets in India scaled new record peaks last month on sustained buying by bulls but trading was thin because of a severe shortage of floating stocks, brokers said. They said
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    • 158 6 BANGKOK Seven Thai firms are competing for barter deals with Cambodia's Prea Vihear province to develop infrastructure in exchange for timber, says a report in the Bangkok Post, quoting Si Sa Ket governor Somchit Chullapong. This was in line with Prea
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    • 289 6 Reuter WELLINGTON Brierley Investments Ltd said yesterday that it was a lot more confident and positive than at any time in the past four years despite a slump in its first half profit. For the six months to Dec 31, BIL reported a net profit of
      Reuter  -  289 words
    • 228 6 Reuter NEW YORK International Business Machines Corp lost its coveted triple-A bond status on Wednesday when Moody's Investors Service Inc downgraded its credit rating. representing a psychological blow to the world's biggest computer maker. Moody's cut IBM two notches to Aa-2. warning of a deterioration
      Reuter  -  228 words
    • 285 6 Reuter NEW YORK The judge overseeing United Press International's bankruptcy proceedings said on Wednesday the news agency faced the danger of shutting down next month and gave creditors the right to fashion a plan to save it. After reviewing UPl's financial data. Judge
      Reuter  -  285 words
  • Page 4 Advertisements
    • 375 4 (Incorporated in the Republic of Singapore) ANNOUNCEMENT I Unaudited results of the Group's operations for the six months ended 31st December 1991 are as follows: GROUP 1991 1990 OR $'000 000 TURNOVER 110,116 105,613 4.3 OPERATING PROFIT 25,823 25,779 0.2 after charging (i) Interest on borrowings 1 9 88.9 (ii)
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  • Page 5 Advertisements
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  • Page 6 Advertisements
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  • Page 7 Advertisements
    • 79 7 SURELY A NEW INTERNATIONAL SYMBOL DESERVES A FULL PAGE AD. GOLD 559 This is the symbol of infinity the new international Goldmark from the World Gold Council. It is not a quality or guarantee mark, or for that matter, a hallmark. It is the communication mark which we have chosen
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 87 8 SEOUL The government will not permit Japanese securities firms to open branches in South Korea because they were mired in scandals at home last year, a Finance Ministry official said on Wednesday. But it will allow four Japanese securities firms Sanyo,
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      • 88 8 DUBAI Fmirates Bank International Ltd (EBI), owned by the Dubai government, has announced a 200.6 million dirhams net profit for 1991, a 34 per cent increase over 149.2 million posted in 1990. The bank's total assets also rose to 11.1 billion dirhams from 7.6 billion
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      • 80 8 MADRID Troubled merchant bank Banco Ibercorp lodged an official request with a Madrid court to suspend payments, a bank official said on Wednesday. The last Spanish bank to collapse was the Banco Europeo de Finanzas last October. The bank's interests will be regulated by the Bank of
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      • 71 8 TOKYO Japan's Ministry of Finance (MOF) has almost abandoned an idea to regulate all types of asset-backed securities (ABS) under a revised Securities and Exchange Law, a MOF official said on Wednesday. MOF plans to regulate securitisation of assets like domestic banks' housing loans under
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      • 72 8 PARIS A special general meeting of shareholders of French stockbroker Boscher will discuss on March 17 whether the firm should be wound up, stock market sources said. A spokesman for Boscher declined comment. State-controlled bank Banque Nationale de Paris took control of Boscher in
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      • 66 8 MADRID Spanish insurance and financial services group Corporacion Mapfre said on Wednesday it was raising its stake in Mapfre Indosuez, a stockbroking joint venture with Banque Indosuez, from 50 per cent to 73 per cent. The Madrid-based Mapfre Indosuez was formed in 1989 and
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    • 398 8 Forex swaps among domestic banks only USs47b JAKARTA Interbank transactions of foreign currencies on Indonesia's money market increased by 37.1 per cent to U*****.4 billion (Ss36l billion) last year from U*****.2 billion in 1990, the Jakarta Post reported earlier this week. Bank
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    • 356 8 Reuter NEW YORK Michael Shapiro, former chief financial officer of Thomson McKinnon Securities Inc, was barred from the brokerage industry for at least 18 months as part of a settlement with the Securities and Exchange Commission. The SEC said that Shapiro, charged with
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    • 650 8 Reuter OSLO Norway's troubled Christiania Bank og Kreditkasse must intensify its efforts to cut costs further. Finance Minister Sigbjoern Johnsen said after the bank last year made its worst ever loss. The bank, effectively state-owned after huge loan losses wiped out its private
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    • 574 8 NYT NEW YORK Al-Waleed bin Talal, the Saudi Arabian prince who bought US$59O million (***** million) of Citicorp preferred stock early last year and was expected to dispose of Citicorp common stock that he already held, is now seeking permission
      NYT  -  574 words
    • 621 8 MARKET TALK Reuter KUALA LUMPUR The ghosts of a scandal around Hongkong's failed Carrian Group have returned 10 years later to haunt Malaysia's largest state-owned bank, now being slapped with a MS3 billion (S$ 1.9 billion) suit. A shareholder in the collapsed
      Reuter  -  621 words
  • Page 8 Advertisements
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  • THE REGION
    • 527 9 Bernama KUALA LUMPUR A proposal for a National Wage Council in Malaysia has been welcomed by trade groups and government officials who said it could speed up the introduction of a new wage system for the private sector that pegs salary
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    • 300 9 UPI JAKARTA President Suharto's half-brother on Wednesday joined attacks on the government's year-old forced monopoly on the clove trade, saying it has only brought distress to both producers and buyers. Mr Probosutedjo. a prominent businessman and the President's half-brother, also ridiculed a
      UPI  -  300 words
    • 291 9 Reuter NEWARK, New Jersey The Philippine government has agreed to settle its bribery lawsuit against Westinghouse Electric Corp over a disputed nuclear power plant in a deal that will give the country hundreds of millions of dollars. While the complex agreement provides that Westinghouse
      Reuter  -  291 words
    • 221 9 Reuter ADELAIDE Australian police said they had uncovered an international investment racket covering at least four countries and involving more than Asloo million (Ssl22 million). A police spokesman said one man was detained in Victoria while three people were being questioned in South Australia. Interpol and
      Reuter  -  221 words
    • 454 9 AFP KYOTO Asian countries were involved in almost half of all the major infractions brought to the attention of the Convention on International Trade in Endangered Species (Cites) between 1989 and 1991. A report by Cites presented to a two-week meeting of
      AFP  -  454 words
    • 405 9  -  By Said Abdullah SINGAPORE Phnom Penh's property market is experieneing an unpreeedented boom, with rentals more than doubling. Insight Indochina says in its latest report. Thanks to the Paris peace accord, which ended the Cambodian conflict, rental markets in the capital Phnom Penh as
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    • NOTE BOOK
      • 139 9 MANILA The United States will keep close military ties with the Philippines after the last American base closes this year, the US ambassador said yesterday. "There's going to be military assistance, there's going to be military training, there are going to be exercises
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      • 114 9 JAKARTA Indonesia has closed several areas in its easternmost province of Irian Jaya to foreign tourists, as separatists staged an attack elsewhere in the region, the Antara news agency reported. Manurung. the head of the province's tourism office, said Enaratoli. Obano. Mamberamo. areas along the border
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      • 77 9 THAILAND A Mvanmar army attack against a Karen rebel base spilled over into Thailand during 24 hours of heavy fighting ending yesterday morning. Thai border patrols fired 50 to 60 shells into Mvanmar to dissuade Yangon soldiers from violating the frontier, a Thai officer said. "They
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      • 79 9 MANILA The Board of the International Monetary Fund (IMF) has formally approved Manila's economic programme, allowing a resumption of lending to the Philippines. pine Finance Secretary Jesus Estanislao said: "I have received confirmation that the seal of proper economic housekeeping has been obtained by the Philippines."
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    • 259 9 US lawyers' group hits out at screening process Reuter HONGKONG Hundreds, perhaps thousands, of Vietnamese boat people are being wrongly denied refugee status because of failures in Hongkong's screening and review process. The New York-based Lawyers' Committee for Human Rights said in a report
      Reuter  -  259 words
  • Page 9 Advertisements
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  • THE WORLD
    • WORLD WATCH
      • 100 10 WASHINGTON Developing nations will be the growth market for farm exports in the coming decade, but world trade rules will help determine the size of the market and if US farmers share in it, two US analysts said. Dale Hathaway, Agriculture Undersecretary under
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      • 83 10 MOSCOW A Russian nuclear power plant was shut down on Wednesday following a fire caused by a short circuit, and officials revealed that two Chernobyl-type plants were ordered to reduce energy output last year because they didn't meet safety standards. The incidents underscored a growing
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      • 83 10 KIEV The Ukrainian Parliament passed the republic's first law on privatisation on Wednesday, opening the way for workers to buy scores of state-owned factories and businesses. The law, approved by a vote of 341-7, gives workers priority in buying large enterprises. It is the first of
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      • 79 10 WASHINGTON Israel's chances of receiving even part of the US$lO billion (S$ 16.5 billion) in US loan guarantees appear to be fading and there are signs the Bush administration may apply even stronger pressure to force a halt to Israeli settlements. The latest blow to Israel's
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    • 253 10 AP BRUSSELS Responding to alarming new evidence that the earth's ozone layer is thinning more quickly than expected, the European Community on Wednesday accelerated plans to eliminate its ozone-destroying products. The proposal by the EC's executive body would phase out chlorofluorocarbons
      AP  -  253 words
    • 745 10 Deng Xiaoping's apparent endorsement of reforms during his visit to Guangdong has given impetus to the province's restructuring efforts IHT GUANGZHOU, China These are heady days in the capital of China's booming southern province of Guangdong. Managers and officials used to marching to a
      IHT  -  745 words
    • 318 10 Reuter WASHINGTON Orders received by US factories rose slightly in January because of more demand for industrial machinery, computers and other long-lasting durable goods, the Commerce Department said on Wednesday. Factory orders increased 0.4 per cent to a seasonally adjusted US$235 billion (*****.5
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    • 409 10 Reuter MOSCOW Russia pledged on Wednesday to protect its beleaguered citizens from soaring inflation by keeping monetary policy tight as the country moves from a communist to a capitalist economy. As the fragile rouble began to recover after months of decline
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    • 336 10 AP WASHINGTON Russia can expect to qualify for about US$4 billion (556.6 billion) in assistance once it becomes a member of the International Monetary Fund, the Bush Administration said on Wednesday. Treasury Secretary Nicholas Brady made that estimate during an
      AP  -  336 words
    • 414 10 Reuter BRUSSELS The European Community (EC) this week ended attempts to reform its expensive, inefficient farm system until the fate of Gatt world trade talks becomes clear. Portugal's Farm Minister Arlindo Cunha got such a cool reception from his EC colleagues
      Reuter  -  414 words
    • 355 10 Reuter GENEVA The 108 nations negotiating a new world trade agreement have fallen well behind on a time-table for a technical but crucial area of the talks, diplomats said on Wednesday. Not one nation met the March 1 deadline set by the General
      Reuter  -  355 words
  • Page 10 Advertisements
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  • FOCUS
    • 1818 11 Analysts fear the current spate of building may be too much for the city to handle AN ACUTE shortage of office and retail space in Kuala Lumpur appears to have coaxed developers to build anew 30 new buildings are on the cards. Is Kuala Lumpur overbuilding?
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  • Page 11 Advertisements

  • 447 12 EDITORIAL THE Retail Sector Development Plan aimed at helping SME retailers reorganise and upgrade is timely and necessary. Business activity among small retailers is being increasingly dragged down by the sheer number of them clustered in close proximity. Rising income levels and greater mobility with the
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  • WHAT THE OTHERS SAY
    • 224 12 COMMUNISM and the Soviet superpower may be dead but it is premature to breathe a sigh of relief. The former Soviet empire remains a source of instability in the world. At the very least, millions of refugees could swamp Europe to escape economic hardship. More worrying
      224 words
    • 124 12 THE United States has earned respect from many Arab nations over its tough handling of the issue of US$lO billion in loan guarantees for Israel. By using the aid as a leverage, the US is trying to soften Israel's stubbornness in continuing to build new villages in
      124 words
    • 142 12 CHINESE premier Li Peng has again mentioned that political reforms have to take place alongside economic reforms at a State Council meeting recently. His views suggest that reformists within the Communist Party of China continue to have the upper hand. Of course, the stipulations set by the
      142 words
  • REGIONAL VIEWPOINTS
    • 164 12 ECONOMIC reformers in China's leadership appear to be gaining the upper hand again. One factor working to the advantage of the economic reformers is the recent flow of private capital to China and the Indochinese peninsula from Japan and Asia's newly industrialising economies. Burgeoning economic zones are
      164 words
    • 154 12 THE battle may be won, but the war is far from over. As long as there is opposition in the United States Congress to the renewal of Most Favoured Nation (MFN) status for China, Hongkong needs to keep up its guard, especially in a year when the
      154 words
    • 166 12 EXCEPT for a few state enterprises which are professionally run and operating successfully, the performance of Thailand's state firms in general is, to put it mildly, far from impressive or satisfactory. Several of them are heavily loss-ridden and have to rely on a government subsidy or borrow
      166 words
  • 1481 12  -  Once-comfortable monopolies that supply stock, bond and foreign exchange quotes and prices to traders and brokers are being undermined by rampant competition. While this has hurt the vendors, it has meant cheaper and better financial data for users. Monica Roman reports. Monica Roman WHEN Citicorp acquired
    1,481 words
  • Page 12 Miscellaneous
    • 36 12 DOONESBURY BY GARRY TRUDEAU I f mmmtPSSHOttemn I MBB mamvatiai LOOK CLASSY I I THING ST/USH, VIVACIOUS. PEOPLE THINK YOU'RE PtFFBR- UJITH I EMOUGH, KNOW I ATOP I BUTWITHATOUCHOFNAU6KTI- ENT SPBQAL 10UWANTTH&H UfTh A CDNCtPT* ItMrzu^'lMrSxJ
      36 words

  • ANALYSIS
    • 985 13  -  A recent case in the US against a law firm revives the debate about whether a lawyer should report a client who has lied, reports Stephen Labaton Stephen Labaton NYT IN MOVING aggressively this week against a New York law firm that represented a
      NYT  -  985 words
    • 1297 13  -  Pakistan's economic reforms come after four decades of state control over the economy. S N Vasuki, who visited Karachi recently, spoke to bureaucrats and businessmen to assess the impact of the reforms. S N Vasuki, A VISIT to Karachi's Sindh Club and the
      1,297 words
    • 631 13  -  Should a country's GNP reflect environmental damage and changes in its natural wealth? Many economists think so, reports Christopher Wilson Christopher Wilson Reuter HOW do you place a value on a polluted river, clean air, open space, even silence? For years, a dedicated band of economists
      Reuter  -  631 words
  • Page 13 Advertisements
    • 53 13 fiama, Photo* Video German Design Quality (Monday to Saturday: 9 am 5.30 pm) fllPi™ Fantasy Series Regardiess from vRQ of brand, S>U«9 model or SUPER HAMA CENTRE GRAND SAI FS\ 261, Waterloo Street, Waterloo Centre, #03-28 Singapore 0718. Al photo 4 video tags Tel: *****29 (3 Line.) accessories ,Availabte "a"
      53 words

  • Page 14 Advertisements
    • 377 14 F A century of experience in shipbuilding launching of K AMOR A v 1 V> "W \9Q IIKI 1 i. s 1 1 r > I 1 ;*y ■if ri. rfp t mm /"f I Mmßiiiiiii_j 1' x A *^Mift- m\ x*-^j\ iTMrrraiiiMu n y« v\ i .|rfp* •jE Singmarine
      377 words

  • SPORTS
    • 736 15 Cricket: World Cup AFP (&RISTCHURCH Meyriek .P/ingle ripped through tscf heart of the West Indian batting order to propel South an emphatic 64-run victory on a historic day in World Cup cricket yesterday. *Jn the first meeting between the two countries, Sfeuth
      AFP  -  736 words
    • 474 15 AP ROSEMONT, Illinois Baseball owners delayed a decision on a Japanese-led offer to buy the Seattle Mariners and decided late on Wednesday to formulate a counter-proposal. The ownership committee, a group made up of officials from eight teams and the two league
      AP  -  474 words
    • 252 15 Reuter NEW YORK British heavyweight Lenox Lewis is taking his campaign for a title shot against champion Evander Holyfield to the American public with a publicity push launched on Wednesday. "We need to come to Holyfield's back garden to tell the American people why we
      Reuter  -  252 words
    • 210 15 AP SYDNEY Veteran Pakistan cricket captain Imran Khan hopes to lead his team's bowling attack in Sunday's crucial World Cup match against South Africa. Imran played in Wednesday's loss to India after taking a pain-killing injection to his injured right shoulder. He said yesterday that
      AP  -  210 words
    • SIDE LINES
      • 77 15 BOCA RATON. Florida Steffi Graf eased to a third-round victory in a women's tennis tournament here Wednesday, then blasted a photographer who took pictures as she sunbathed nude at her house in Boca Raton. "He only got my back, thank God," Graf said, confirming that the
        77 words
      • 43 15 SAN DIEGO Dennis Conner's Stars and Stripes defeated Defiant for the third time in a row here on Wednesday in the second race of the third round of the America's Cup defender series. The victory was worth four points.
        43 words
      • 44 15 BRISTOL James Wattana was a Thai in knots when he tangled with gritty Cliff Thorburn in the £60.000 Strachan Professional championship on Wednesday. It took the world number 20 more than two-and-a-half hours to score a hard earned 5-2 quarter-final victory.
        44 words
  • Page 15 Advertisements
    • 151 15 w Keppel Finance Limited (Incorporated in the Republic of Singapore) To ALL WARRANTHOLDERS OF KEPPEL FINANCE LIMITED S 5560,000,000 PRINCIPAL AMOUNT OF 1.25 PERCENT UNSECURED BONOS DUE 1996 TOGETHER WITH 36,664,000 DETACHABLE WARRANTS TO SUBSCRIBE FOR 36,664,000 NEW ORDINARY SHARES OF 550.50 EACH IN THE CAPITAL OF KEPPEL FINANCE LIMITED.
      151 words
    • 910 15 SHIPYARD^^^^^^I (Incorporated in the Republic of Singapore) The Director* of SEMBAWANG SHIPYARD LIMITED announce tie audhed reeutts of •teQroup and the I Company tor the year ended 31 December 1901 ae totows: COMPANY GROUP I It9l 1990 I—l 1990 I Ssooo B**ooo STOOO SS'OOO I REVENUE 386 278 329.524 509.975
      910 words

  • Page 16 Advertisements
    • 471 16 M Nothing Beats A Bud. IFVHfcI OF GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT SNACKS WITH GOOD FRIENDS. KING'S A MEMBER OFCDL HOTELS
      471 words
    • 161 16 WHERE TO WINE, DINE ££<■ mmmak SUPPER PROMOTION Choice of aromatic Bak Kut Tfeh or steaming Porridge with Chicken, Pork or Fish. Plaza Hotel ✓~*atch our siz/ling Teppanvaki Buffet Treats daily for dinner. Price: SIH.BO (adult) 514.00 (child) O Alt J°" P£OL&^_ uoctroti 101 Victoria Screet. Singapore 0718 Tel: *****11
      161 words
    • 323 16 Ai?6U#l a 1 For only $36++, the most "—"/"fl scrumptious spread awaits those ~7 /i 'I who enter Top of the M. Be I ij amongst the privileged. °I |j H bomb JO rmk> 10 JO pm I It* order I 1 > )9(h floor We serve the world to
      323 words
  • Page 16 Miscellaneous
    • 752 16 TELEVISION AND RADIO Qfrcmop Hcivc WMSHM Z .SSsr L/ LA Clllliiv \Xd V 3 7.30 AM CNN(L). 5.55 PM Opening followed by the 10.35 Transworld Sports. BBC, 88.9 mHz in VHF Band II O m/ 8.30 Close. AdYMtajrM of Don Coyote and n.jo Golden Classics The 7.05 am, 1.30pm, 5.05pm,
      752 words

  • LIFESTYLE
    • 892 17  -  Singaporeans' music tastes are becoming more eclectic, discovers Nirmal Ghosh Nirmal Ghosh WHAT sustains the night owl? The incessant hammer of rap or plaintive wail of romance? Swooping segue of sax or blat of bass drum? And what, you may ask, sustains the weary yuppie when
      892 words
    • 345 17 IN AMERICA, the proving ground of modern music, a hit single is the route to a hit album. Million-selling singles help push an existing or forthcoming album or introduce a new face. Big bucks really begin to flow when the album ha£ a hit single
      Source: International Federation of the Phonographic Industry  -  345 words
    • 507 17 CHATTERBOX BRUCE SPRINGSTEEN released his first new music in 4'/ 2 years on Wednesday a pair of singles from a pair of new albums: the title track of the Human Touch album, and Better Days from the Lucky Town album. The albums
      507 words
  • Page 17 Advertisements
    • 81 17 W**' -4T .*> V *>i' ii 1 m t "Sunday Jazz Brunch at the New Orleans Mill blow your mind, Daddy-O." i i LE RENDEZVOUS BAR PISCES CCocktail ol the Month A refreshing cocktail ol Tequila. Blue Curacao. blended with Orange and juices, topped with Sprite. Happy Hours: 3pm ttpm
      81 words
    • 6 17 Collection IK tiir jra^He^. W -I
      6 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4202 18  -  By Carolyn Lim SINGAPORE stock prices moved in a narrow range yesterday as investors stayed on the sidelines and adopted a "wait-and-see" attitude. Uppermost in the minds of investors was the impending results of the Big Four banks and other blue-chip companies. This
      4,202 words
    • Article, Illustration
      64 18  -  By Anthony Pang Comment THIS counter has been trapped in the $1.25-$1.43 range over the past month. Five-day stochastics have turned upwards, pointing to a possible retesting of the $1.43 level. The ascending nine-week MA indicates that the medium-term uptrend is still intact. A breakout from the top
      64 words

  • 2968 19 SIA Foreign I960 20 +1.0% FAN 1000 +15 +1.5% UOB Foreign 685 +15 +2.2% Singmarine 50* 470 +14 3.1% DBS 1110 +10 +0.9% OCBC Foreign 1160 +10 +0.9% First Capital 187 +7 +3.9% GPB SS1.60 446 4 0.9% City Dev 50« 392 +6 +1.6% Jurong
    2,968 words
  • Page 19 Advertisements

  • 3272 20 Gadjah 2000L'SS 199 +4 H Leong Ind 50« 525 +5 1.0% Kl. Kepong 242 +4 1.7% Golden Hope 131 +3 +2.3% Southern Bank. 256 +3 f 1.2% Guinness 50* 348 f2 +0.6% reth Resources 74'.. l'/ *-2.1% Antah Hldgs 50* 147 +0.7% Ind Oxygen Ln
    3,272 words
  • Page 20 Advertisements
    • 344 20 BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3688 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PINE GREEN INVESTMENT (S) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Company held at 257 Selegie Road. #15-279/281
      344 words
    • 343 20 I PROPERTIES LTD I (Incorporated me Republic of Singapore) H ANNOUNCEMENT I PROPOSED ISSUE OF $325,000,000 PRINCIPAL AMOUNT OF BONDS I DUE 1997 ("BONDS") WITH 134,931,000 WARRANTS ("WARRANTS") TO SUBSCRIBE FOR NEW ORDINARY SHARES OF $0.50 EACH IN THE CAPITAL OF CENTREPOINT PROPERTIES LTD ("NEW I SHARES") (THE "BOND ISSUE")
      343 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5035 21 Hwa Tai Food makes impressive debut with 49 sen premium Bernama CONTINUED profit-taking after the recent rally in the Kuala Lumpur stock market coupled with investors utilising funds for the flotation of Tenaga Nasional led prices to end broadly easier with second and
      Bernama  -  5,035 words

  • BT SHARE INFORMATION SERVICE
    • 1093 22 Man Board Last Fal Year Forecast Date Net Net Profit EPS anted Year EPS Cress profit Range Range Company Period test yr endteg (cts) dn (S'W) (SSa) (cts) First Capital I Feb 25 )un 92 5 4 1 0 8891 54-134 33—82 MT F Mar 4 Dec 91
      1,093 words
    • 963 22 Maia Board last Frf Tear Compaq Pefied Date fear EPS Cross Het anootmced ending (eta) *i pnflt last year (SSNO) EMS Final Nov 6 Jul 91 30TE 17.8781 ABN tort Final Mai 11 Ok 91 5 0 58 0 1.325(c) Priau Final Mar 12 Dec 91 699
      963 words
    • 102 22 Company Date Year Group Net Net earnings Cross ann to profit/loss (L) per share dividend ('000) (cents) Pacific Can Mar* Sep 91 $106(11.4501) 0 2( Cerebos Feb 13 Sep 91 $45.623|($38 911) 148(128 23 6TE(30TE) KL Kepong Feb 13 Sep 91 M$64 883 ($62,895) 153(148) 15(15) NST Feb
      102 words
    • 515 22 Company Rights Issue Manee Tedi One-for-one SI 00 per share Bolton Issue of $90 978m nominal amount of 3 51 Redeemable Unsecured Guaranteed Bonds 1991/96 with 45 489m detachable warrants on the basis of 12 nominal amount of Bonds for every three existing shares held Every $2 nominal
      515 words
    • 206 22 Company Date Year Group pro-tax Not oamings Grots ann to profit/loss (L) per share dividend (*000) (cents) H Kings Mar 4 Dec 91 $8.777($5.856) 53(21) 5(5) OU Securities Marl Dec 91 $1,691(11.281) 4 3(25) 6(9) Keppei Corpn Mar 3 Dec 91 *270.740(1225 008) 35 2(312) 10(8) MTC Feb
      206 words
    • 314 22 Compaay Date HaH-yoar Croup pro-tax Interim ana to prollt/lMt (L) dhrtdond C000) Cons Plant Feb 29 Dec 91 M$59.800($40 600) 10(8) DMIB Bhd Feb 29 Oec 91 ¥$20,500 ($20 400) 6(6) Sea View Feb 29 Oec 91 $5.285($2.701) Sime Darby Feb 29 Dec 91 MJ3S8 800(S320.100 7(7) Sime
      314 words
    • 1790 22 Trans Registered Substantial Buy/ No. of Amount Shareholding Stock Date Holder Shareholder/Director Soli shares Before After L&M 03/03/92 Street Names Guthrie Mfg (S) Pte Ltd B 55.000 91.300 10.398 000 15 54 10 453.000 15 63 SPC 03/03/92 CDPDBS Nominees (Pte) Ltd DBS Bank S 1.000 2.939
      1,790 words
    • 88 22 Mar 4 Jurong Cement Ltd has aborted a deal to buy a piece of property in Sydney, Australia for Asl7.3m. Sembawang Sfyyard s private placement of 27 million new shares would increase its 1990 net tangible asset per share by 30% to $3.08. Mar 3 Kay Hun James
      88 words
    • 72 22 Dunlop Estates Bhd: EGM at the Johore Room. Lower Lobby. Shangri-La Hotel. 11. Jalan Sultan Ismail. ***** Kuala Lumpur, on Friday. Mar 6. at 10am Hotel Properties Ltd: EGM at the Indonesia Room. Hilton International Singapore. 581 Orchard Road. Singapore 0923. on Saturday. Mar 7, at 11am Pubic
      72 words
    • 639 22 Current Ex Books Date Total tor Total tor payment date dose payable the year last year A scan Find USlOC(b) Mar 10 Mar 20 Mar 30 US10C US10C Awno 20c 12.5%TE Mar 3 Mar 13 May 15 17 5%TE 125%TE BMT {10 (100) 50%(l) Feb 21 Mar 4
      639 words
    • 166 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 tifh: *****8 (21/2/92) 1»2 hifh: 1545 92 27/1/92) 1992 tow: *****4 2/1/92) 1»2 l* 52 55 <^/3/92) 1991 tifh: *****8 (3/6/91) 1991 to*: 1565 58 (3/6/9) 1991 tow: 1022 52 (16/1/91) 1991 tow: *****8 Ofi/l'91> 1990 h«h: 1435 43 (16/7/90)
      166 words
    • 370 22 In local curr In S$ In US$ d> )T S dy yr S dy >t M«t 4 Index chge chge chge chge chge chge World 403.0 -0.2 -1.3 -0.4 -3.5 -0.5 -5.5 $EAFE 494.1 -0.2 -1.6 -0.5 -6.0 -0.6 -7.6 Europe 441.2 0.0 7.3 -0.3
      370 words
    • 218 22 Company Rights Issue MC8 Hdp One-for ten <n MSI 10 per share Ej-date Feb 24 Books close Mar 9 Acceptance Payment NYA Tech Resouces Foorforfive (a. MSI 30 per share Ej-date Feb 3 Books dose Feb 19 Acceptance Payment Mar 31 Company Others Centrepoint Renounceatte preferential offer of
      218 words

  • STOCK EXCHANGE OF THAILAND
    • 2248 23 Reuter FINANCE issues yesterday led gains on the Thai stock exchange and the SET index ended 7.69 points higher at 800.85 on turnover of 5.65 billion baht. Thai Farmers Bank, one of the top gainers yesterday, ZZ added 14 baht to close at 480
      Reuter  -  2,248 words
  • 782 23 The market was closed yesterday for a holiday. Mar 4 Ruptah High Low Vol AJPPutra ***** Abda 1450 Ahap Ins 3950 50 3950 3950 2000 Alumindo Perkasa Uta 3500 Aqua Golden M 8500 ArgoPantes 3850 -50 3850 3850 ***** Asr. Bintang 2750 Aster Jawa 1450 unch 1450
    782 words
  • Page 23 Advertisements
    • 2 23 CAREER CHOKES
      2 words
    • 550 23 Executive Jobs every Saturday in Business Times BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3698 OF METAL STAMPING PLANT UNDER INSTRUCTIONS FROM THE RECEIVER AND MANAGER OF DECOMAT INDUSTRIES PTE LTD Includes CNC Machinery, Tool Room Equipment, Printing Equipment and Power Presses. Location No. tt Loyang
      550 words

  • TOKYO STOCK EXCHANGE
    • 2567 24 Reuter TOKYO stocks ended a sluggish day lower yesterday, with the Nikkei average under 21,000 for the first time in eight days. Worries over economic and corporate profit prospects whittled prices, while most investors were sidelined ahead of the Bank of Japan lankan (quarterly
      Reuter  -  2,567 words
  • STOCK EXCHANGE OF HONGKONG
    • 2601 24 AFP. Reuter SHARE prices on Hongkong's stock market edged up slightly to a new high yesterday, the third in the week, despite profit-taking. The blue-chip Hang Seng index gained 9.79 points or 0.2 per cent to close the day's trading at 4,964.29. The
      AFP.; Reuter  -  2,601 words

  • AUSTRALIAN STOCK EXCHANGE
    • 1986 25 Reuter A LETHARGIC Australian share market continued to slide yesterday for the third consecutive day, closing lower on little turnover and even less interest. The market opened to losses in line with overnight falls offshore and drifted back throughout the day, lacking
      Reuter; SOURCE: PONT DATA  -  1,986 words
  • REGIONAL STOCK MARKETS
    • Seoul stocks end below 620 level in active trade
      • 737 25 SEOUL shares yesterday shed most of Wednesday's gains as the realisation that rumours of government marketboosting measures were false sank in. brokers said. Government denials failed to dampen sentiment on Wednesday but yesterday the composite stock index lost 11.24 points to close at 619.23. Losers outpaced gainers 408 to
        737 words
      • 523 25 SHARE prices in Manila slipped further yesterday on bearish sentiment as investors, fearing political violence in the run-up to the May national elec- tions. opted to stay on the sidelines, brokers said. The Manila Stock Exchange composite index declined by 2.37 points to close at 1,157.61 from Wednesday's 1,159.98
        523 words
      • 511 25 TAIWAN shares finished lower across the board yesterday as many investors lacked trading interest. Many brokers predict that slow trade would continue in coming days. The weighted index dropped 32.87 points to close at 5,033.53 compared with Wednesday's 5.066.40 finish. Turnover remained thin at NT523.7 billion against Wednesday's NTS2S
        511 words
      • 246 25 NEW ZEALAND shares ended slightly weaker on low turnover yesterday, despite Brierley Investments turning in a first half profit that was about NZ$lO million below market expectations. The NZSE-40 capital index ended 3.53 points down at 1.465.18 on turnover worth about AS 15 million. BIL itself was only
        246 words
      • 57 25 INDiCES TURNOVER Close t\ J nt^iow Mar 6 NEW ZEALAND NZSF-40 Capital 1.465 18 1.468.71 -3.53 MANILA Composite Index 1.157 61 1.159 98 -2.37 Turnover (million) 304.5 7560 -415.5 TAIPEI Weighted Pnce Index 5.033.53 5.066 40 -32.87 Turnover (NTS billion) 23.7 25.0 -1.3 SEOUL Composite Stock Index 619.23. 630 43
        57 words

  • WORLD STOCK MARKETS
    • NY stocks retreat in cautious trading
      • Article, Illustration
        1371 26 STOCKS on Wall Street tumbled in cautious trading on Wednesday as the blue-chip sector failed to lift the broad market out of negative territory, foiling the Dow's efforts to break through the 3,300 barrier. The Dow Jones Industrial Average, which rose 14.98 points to a record high of
        1,371 words
      • 432 26 GERMAN shares on Wednesday eased across the board after earlier setting another new 19-month high, but dealers said prices were just taking a brief rest along the road to higher territory still. "The market has taken a deep breath," said Harald Breitenbach at Dresdner Bank. "But it's just a
        432 words
      • 368 26 SWISS shares recovered from a midsession slump to close slightly higher in active trade on Wednesday. Dealers said industrials led the market higher while banks and insurers came under pressure from rising interest rates. Late in the session, Wall Street's firm opening supported sentiment. The all-share SPI index closed
        368 words
      • Article, Illustration
        813 26 SHARE prices dropped back to just below Tuesday's levels by the close on Wednesday on the London stock exchange, restrained by sharp falls in Reuters and fading hopes of a pre-Bud-get cut in interest rates. The FT-SE 100 Index closed at 2,558.4, down 7.0 points from Tuesday's close. The
        813 words
      • 204 26 ITALIAN stocks on Wednesday tumbled for the sixth consecutive session as investors worried about consistently low volume and fresh rumours that another operator may be having financial problems, brokers said. The MIB index fell 0.67 per cent to close at 1,036. Volume was estimated to be around Tuesday's paltry
        204 words
      • 137 26 PRICES on the Stockholm bourse rose substantially on Wednesday, supported by overnight gains on Wall Street, dealers said. "Things are going quite well today," one dealer said. Astra restricted B-shares were actively traded, up five at mid-day at 569 but down from 572 at the opening. At the close,
        137 words
      • 345 26 BELGIAN shares closed slightly lower on Wednesday in moderate trading as some profit-taking occurred after the Bel-20 index of leading Belgian shares reached a record high for the third consecutive day in early trade. The Bel-20 closed down 1.47 points to 1,233.25, but down almost 10 points from its
        345 words
      • 412 26 SHARES continued with their weaker tone on the Johannesburg Stock Exchange on Wednesday, as most major indices registered declines. The overall index shed 32 points to 3,526 and the All Gold index lost 24 points to 1,194. The industrial index lost 40 points to 4,334, representing a decline of
        412 words
      • 275 26 Paris \lw 4 FFr COftBEILLE Air-Liquidc 673.00 -78.00 Alcatel Ansthom 608.00 -14.00 Elf-Aquit 324.00 -64.60 Michelin 909.30 740.3 OFP 113.00 Peugeot SA 549.00 -194.00 Philips (NV Gem) 82.70 -30.20 Royal Dutch 418 50 -15.50 CROUP A Nestle *****.00 -4320 GROUPS La large 400.50 -*-40.5 GROUPC Shell 261.00 GROUPD Norsk Hydro
        275 words
      • 72 26 INDICES TURNOVER Mar 4 CtOM Pre*io*H NEW YORK Dow Jones 3.268 56 3.290.25 -21.69 SAP 500 409.33 412.85 -3.52 Turnover (million) 208.91 204.65 4.26 LONDON Financial Times 30 1.988.5 1.987.0 1.5 FTSE 100 2.558.4 2.565.4 -7.0 Turnover (million) 505.4 518.2 •12.8 FRANKFURT DAX Index 1.759.05 1.763.31 -4.26 AMSTERDAM EOE Index
        72 words
  • Page 26 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1182 27 REPORTS ASK TOKYO: THE US dollar continued to barrel bullishly upwards in late Asian trade yesterday, dealers said. Active technical demand supported the US currency after it broke above key resistance at 132 yen and 1.67 marks, Hongkong dealers said. "The market
      1,182 words
    • 377 27 Cross rates Mars USS SS MS Dm Yen SFr AS NZS USS 1.6520 2.5750 1.6710 131.80 0.5804 1.5220 1.3263 1.8282 SS 0.6053 1.5587 1.0115 79.7821 0.3513 0.9213 0.8028 1.1066 MS 0.3883 0.64 0.6489 51.1845 0.2254 0.5911 0.5151 0.7100 Dm 0.5984 0.9886 1.5410 78.87 0.3473 0.9108 0.7937 1.0940
      377 words
    • 533 27 Interbank rates SS Bid Offer Overnight 2 7/8 3 1-month 3 3/8 3 1/2 2-month 3 3/8 3 1/2 3-month 3 7/16 3 9/16 Overnight mode: 3-3/8 ISS Bid Offer 7 days 4 3/16 4 5/16 1 month 4 1/4 4 3/8 2 months 4 1/4 4 3/8
      533 words
    • 449 27 MBT KUALA LUMPUR After more than three years of downtrend, the ringgit is staging a remarkable turnaround, breaching the M 52.5800 mark against the US dollar on Tuesday and closing at M 52.5730-40 yesterday. The continued rally by the local currency, not only against
      MBT  -  449 words
    • 1176 27 SIMEX EUROOOUAR Open High Low Sett Est Vol Op/lnt Vol Mar 92 95.68 95.70 95.66 95.66 2700 ***** 1558 Jun 92 95.39 95.41 95.35 95.37 7100 ***** 5049 Sep 92 95.03 95.05 94.98 95.00 4000 9501 3628 Dec 92 94.36 94.39 94.32 94.40 2000 6260 1274 Mar 93
      1,176 words
  • Page 27 Advertisements

  • COMMODITIES
    • 839 28 REPORTS THE TIN price on the Kuala Lumpur Tin Market (KLTM) yesterday closed one sen up at M 514.10 a kg on some covering activity and a smaller turnover after falling to a 65-month low on Wednesday, traders said. Turnover was
      839 words
    • 464 28 AFP SINGAPORE Singapore, banking on its reputation as a rubber trading centre for several decades, is making a low-key effort to promote a new commodity exchange here. Some say it is too low-key. While Singapore has announced plans to become the hub
      AFP  -  464 words
    • 244 28 Reuter LONDON Negotiations between zinc miners and custom smelters over concentrate treatment charges (TCs) are nearing an end, with deals favouring smelters. Trade sources said TCs reported so far suggest that smelters have had the upper hand in the 1992 "mating
      Reuter  -  244 words
    • 1390 28 Rubber Mars MS (*06 In >a<w) S cents/kg Noon Close Int I RSS Prompt 134.75/1 J5.75N 134.50/135.50N Int I RSS Apr 92 134.75/135.25 134 50/135 00 Int I RSS May 135.50/***** 135.25/135.75 Int 2 RSS OP 132.75/133.75N 132.50/133 50N Int 3 RSS OP 132.25/133.25N I32.00/133.00N Int 4 RSS OP
      1,390 words
  • Page 28 Advertisements
    • 1251 28 BUSINESS TIMES Toll free Tel No 737 0043 "Fax No: 734 3698 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF ELECMECH ENGINEERING PRIVATE LIMITED (Incorporated in the Republic ol Singapore) MEMBERS VOLUNTARY WINDING UP At an EXTRAORDINARY GENERAL MEETING ol the members ol the
      1,251 words
    • 6 28 Innovation Technology in BT every Tuesday
      6 words

  • 1231 29 c<t > FHgbt ETA Flight ETD City Flight ETA Flight ETO Aba Dhabi GA970 0100 SQ16I 2245 GA976 0135 Ml 187 2340 1 GA890 2205 Johannesburg ct91 0240 QF81 2010 QF82 2115 1245 RJ182 1440 RJ183 2320 K»ta Kinabalu MH631 1520 MH630 0950 nMtaltfan KL837 1340
    1,231 words
  • THE TRAVEL PAGE
    • 151 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2403 1.2571 Canadian dollar 1.3729 1.4007 NZ dollar 0.8929 0.9290 Sterling pound 2.8339 2.8723 US dollar 1.6480 1.6550 Local dollars to 100 units of foreign current Austrian schilling 14.19
      151 words
    • 649 29  -  LETTER FROM NEW YORK By Sheila Rule An international marketing campaign to promote New York City's cultural life around the world and lure tourism dollars to the city has been announced by the New York International Festival of the Arts. Martin E Segal, the
      649 words
    • 62 29 Duration Title Venue Organiser Tel Mar 28International Ban. Italy Fiera Del (39)80/*****2 April S Fair for Leisure. Levante Sports Tourism April International Yugoslavia Zagrebacki (38)41/*****6 Days of Tourism Valesajam Duration Title Venue Organiser Td April 7-12 International Helsinki. The Finnish Fair *****5091 Building Fair Finland Corporation April
      62 words
  • Page 29 Advertisements
    • 38 29 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. We know Europe from atari to Finnish
      38 words
    • 24 29 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 749-2577
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    • 36 29 m m M A Students who got their A-level results I yesterday call our education V MWm hotline. Education counsellor tML John Ho and former junior college teacher Norenshah Sahari advise. p|^« BdtSfl* Always in touch
      36 words
  • Page 29 Miscellaneous
    • 273 29 I J 1 Nothing accomplished, 5 Go out of business. Say no 9 Less than those under L—l—-L_J—L_J__lßß 10 In time a renegade makes il "1^" mistakes (6) I I I 1 I I I i j I II Anna and Iris originally ~""■H were 12 Call out for a
      273 words
    • 160 29 Singapore Outlook: Showers over several areas in the afternoon. Report; Maximum temperature 32.1 Assoc humidity 71% Minimum temperature 24.6 Assoc humidity 96% Hours of sunshine 6.40 Rainfall in mm 1.2 Rainfall this month 13.5 Rainy days this month 2 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 24/14 Sunny Bangkok 33/22 Cloudy
      160 words
    • 37 29 fiiSSSCTSBEWIEWPfI He. übmts td mow. Hfwe i QfteAsePhiNr.. BRjNG'i<3 'M Mis B fum eMTiTijcD R GOT £ye^THi*3 9 ujG RE-D awoozoe* TCPPH m "rvKoUFeor Nose Ooy,MO GU&RK VzLi —r BW7 Ol c AMOCUTK) NIWVAKU LTD., IM2-IM3 ~r
      37 words

  • 270 30  -  Reports by Harish Mehta in HO CHI MINH CITY THE SINGAPORE Tourist Promotion Board (STPB) is keen to explore the viability of "twinning Singapore with Vietnam" by creating joint travel packages for tourists from faraway lands, said a top STPB official yesterday. During
    270 words
  • 269 30 HO CHI MINH CITY Vietnam has reserved an exclusive export-processing zone for Singapore companies. A top-ranking Vietnamese official in the People's Committee of Ho Chi Minh City told reporters yesterday that Singapore companies would be welcome to set up manufacturing units at this special
    269 words
  • 335 30 Agencies WASHINGTON The fourth round of Middle East peace talks ended on Wednesday with no real progress and the next stage in doubt after Syria suggested suspending further negotiation until after Israel's June 23 elections. Syria's chief delegate Mouwafak al-Allaf floated the
    Agencies  -  335 words
  • 306 30 AFP TOKYO A sharper than expected slowdown in Japan has prompted a desperate search for solutions including stimulatory measures in the 1992 budget which is still to be adopted by parliament. Assured the Diet will pass the budget, ministers responsible for the
    AFP  -  306 words
  • 310 30 Agencies TAIPEI Taiwan's Cabinet yesterday approved a fiscal 1993 budget which is 10.7 per cent bigger than this year's, with a deficit of NT5290.9 billion (5519.0 billion). Officials said defence spending would again receive the largest slice, accounting for 24 per cent,
    Agencies  -  310 words
  • 628 30 Demand for commercial property remains strong Reuter TOKYO Tokyo's sluggish commercial property market has hit Japan's major real estate firms but will not stop them from going ahead with major development projects, property company officials said yesterday. They said that while demand has slipped
    Reuter  -  628 words
  • 561 30 Budget labelled accounting gimmick, inadequate NYT WASHINGTON After an impassioned debate punctuated by election-year politics, the House of Representatives on Wednesday night overwhelmingly rejected US President George Bush's US$l.52 trillion (552.5 trillion) budget request by a vote of 370 to 42. Mr Bush's budget
    NYT  -  561 words
  • 315 30 AP TORONTO The CanadaUS free trade agreement is on the line because of "outbursts of American protectionism" such as the ruling against Honda Canada, Ontario Premier Bob Rae said on Wednesday. "We were always told that the whole purpose of the free
    AP  -  315 words
  • Page 30 Advertisements
    • 80 30 Nikon The World's Finest Photographic System SOME COLLECTORS HAVE BETTER ORIENTAL CARPET COLLECTIONS SMSA'M'EyTjX Chairman WnU -.v An Oriental Carpet Collectors meeting would be held on 15 March 92. Please call/fax to register tor a tree invitation The 'Exceptional Oriental Carpet' Catalog/Book written by SH. SAMEYEH is available at MPH
      80 words
    • 99 30 Nikon The World's Finest Photographic System r n The Tradition Of Biancpain Blanc paiN n Smftiporr IHI HIKJR CLASS lucky PU/j Tel 7 W***** V <m» Tel 2J*****'71«»8 emrppo.nl Tel 7 WISSB PpninsuU PWa Tel 1178 KW< (WVM>»• Pjbis Renj.ssjry TH 7 1112t, 2 S4 i Raffl,-- Tel M 4
      99 words

  • Shipping Times
    • 397 31  -  By Dexter Lee SINGAPORE Hongkongbased International Maritime Carriers Ltd (IMC) has become the first shipowner to enjoy tax advantages under the Approved International Shipping Enterprise (AIS) scheme. A company granted AIS status by the Trade Development Board (TDB), which is the administrator of
      397 words
    • 234 31 SINGAPORE International Maritime Carriers and Hitachizosen Engineering and Construction have once again forged an alliance to form Malaysian-based Pintar Engineering. Tan Sri Frank Tsao, the group chairman, said: "The formation of Pintar is in line with IMC's objective and commitment to participate more actively in
      234 words
    • 209 31 AFP DUESSELDORF. Germany A week-old protest to save jobs in the eastern German shipbuilding industry rose j another notch on Wednes- day, even as some 15,000 western German bank workers went on strike to press for higher pay. In eastern Germany, about 2,500 shipyard
      AFP  -  209 words
    • 202 31 SINGAPORE Neptune Orient Lines has entered into a new agreement with the Port of Singapore Authority that will increase the number of its appropriated container berths in Tanjong Pagar Terminal to two. Yesterday NOL chief executive officer Lua Cheng Eng and Commodore (Res)
      202 words
    • 1181 31 Page Col ABC Containerline 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 2 Asian Break-Bulk 16 3
      1,181 words
    • 262 31 SINGAPORE A new independent container service will link Singapore and other Asean countries to the US and Canadian East Coast from tomorrow. The service will be operated jointly by US-based Atlantic Container Lines in a partnership arrangement with Eacßen a joint
      262 words
    • 386 31 AP HONGKONG The sunset of the British Empire deepened when a group of retired civil servants prepared to chug out of Hongkong on a luxury liner bound for Britain. In what may well be the last hurrah for a great
      AP  -  386 words
    • LOG BOOK
      • 97 32 LONDON British Airways Pic said it was setting up a new business to run regional services in Britain after agreeing with trade unions a package to reduce direct annual staff cuts by £8.25 million from April 1. It said the new unit, British Airways Regional,
        97 words
      • 74 32 WASHINGTON fhe Transportation Department asked Congress for US$l5 billion (Ss24 million) to finance the nation's aviation system over the next three years. It said the funds would go to improve airports, enhance safety and continue the modernisation programme of the air traffic control
        74 words
      • 83 32 ATLANTA Delta Air Lines said load factor in February fell to 53.64 per cent from 58.18 per cent last year, while revenue passenger miles system wide rose 17.4 per cent to 5.37 billion from 4.57 billion and available seat miles increased 27.4 per cent to 10.01
        83 words
      • 91 32 NEW YORK Trans World Airlines said it will not go along with the widespread industry move to raise air fares by two per cent. The increase was initiated by UAL Corp's United Airlines and matched by AMR Corp's American Airlines. USAir Group Inc, NWA
        91 words
      • 99 32 HOUSTON Sponsors of the proposed Empire State Pipeline said they received a 20-year precedent agreement to provide natural gas transportation to Sithe Energies Inc's new Oswego. NY cogeneration plant. Sponsors of the pipeline arc units of Coastal Corp, which w ill build and operate Empire, Union
        99 words
      • 82 32 TOKYO All Nippon Airways Co Ltd (ANA) may post lower parent current profit for the year ending March 31, 1992, against an actual 25.40 billion yen in 1990/91. an ANA spokesman quoted the company president as saying. "We will post lower profits than our interim
        82 words
    • 1162 32 A look at the outcome of the Council of Transport Ministers meeting in December last year that dealt with the issue of freedom to form consortia within, and possibly outside, shipping conferences International Transport Journal The international liner shipping community keenly awaited the outcome of
      International Transport Journal  -  1,162 words
    • 611 32 Carbon Carbon Feb 28 Density Water Residue Ash Atumnum Sediment Density Water Residue Ash Murrwwjm Sedr>ent MM 1 M M E**on Ex*o« KG M*3 V'V M V M M PPM method KG/M'3 V/V M M 1 MM PPM method ISO Cimac limits Spec E25 991 1
      611 words
    • 380 32 TALK of more orders received in the Pacific charter market boosted freight rates in the area as the Baltic Freight Index rose four points to 1,227, dry cargo brokers said on Tuesday. The only exception was the US North Pacific/Japan route, where there was uncertainty as overnight fixture
      380 words
    • 6934 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      6,934 words
    • SHIPS IN PORT
      • 621 47 Vessel Voy No Berth Vrrvat Departure Vessel Voy No Berth Arrival Departire Marina Terminal 1 Mago j6 aiongs.de 06 03 0600 Butam Mum. *****2 M05 atongsde 06 03 2300 Rakhmat J3 alongside 06 03 0800 Batam Sayang *****2 M04 alongside 06 03 2300 Tetsuun Maru 01 92
        621 words
      • 235 47 'Jlohore Port •Berth: 1: Sumi Yoshi Maru, 2: Emity Iran Will; 3: Johan; 4: Bangkok Navee: 5: Kota Jati; 6: ml. 01 jetty: Global Venus, Chatchawin No 3, Petrobulk Power, Wangurer. OCJ: Gloria, Soon Hin. Due on Mar 4: Global Jupiter, Santi. Blue Sea. Gemki, Grace tJna,
        235 words
      • 1143 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookrg/Batance Rstts ifip Voy No Etb/Btr Period From To From Ace Concord 25E 07/0900 2 05/1700 06/0659 06'0900 4 06/1200 06/1459 06/1700 ACX L0y 21A 07/1800 2 05/1700 06/0659 06/0900 1 06/1200 06/1459 06/1700 Aadinyah 74 07/0015 1 05/1500
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    • 250 48 AFP MUNICH Deutsche Aerospace (Dasa) denied here on Wednesday afternoon that it had reached an agreement with Dutch aviation firm Fokker, saying that it is maintaining its own programme for construction of a regional transport plane for 80 to 130 passengers. It said "work
      AFP  -  250 words
    • 316 48 FT LONDON First class and business class passengers flying into London's Heathrow Airport could have their own express queues for immigration controls, under a plan put forward by airlines. They have told Britain's Home Office they would be prepared to pay for
      FT  -  316 words
    • 288 48 NYT DETROIT Sales of North American-made cars and light trucks dipped 13.6 per cent in late February, as most analysts concluded that evidence of a recovering automotive market remained slim. Upticks in the selling rates of domestic vehicles in early February and mid-February had
      NYT  -  288 words
    • 164 48 AP TOKYO Russian tourists are snapping up used cars in Japan, apparently because they can resell them at home for high prices, the Yokohama Port Authority said on Wednesday. The newspaper Asahi Shimbun said a car bought for less than 50,000 yen (SS63O)
      AP  -  164 words
  • Page 31 Advertisements
    • 30 31 Line* and services represented by AjflnQVv Members of the Registry of Accredited »iT@«* Shipping Agents, Singapore National Shipping Association. i lor advertising enquiries, contact Shipping lime I h i 2im
      30 words
    • 119 31 THE famous fia mi wa ■!I«HII?I* 224 1833 For more information please refer to Pg. 13 r f&'W mm p v-;-'f- < >• t..» --'v $:l <' P't 4" :S< V -»,V". "r < v :-i; "I- v.,'. r K I >i I 1 i I' j It'-* I wt
      119 words
    • 237 31 ML s u r EWS SUMMARY I The fog begins to clear THE LAST MEETING of the Council of Transport Ministers to be held under the Dutch presidency dealt with the question of the extent of the freedom to take advantage of rationalisation possibilities in the form of consortia inside
      237 words

  • Page 32 Advertisements
    • 184 32 NOTICE FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE Notice to Shippers Congestion Surcharge The Member Lines of the above Conferences have been monitoring the berthing situation at the undernoted port and have reported ana agreed on the following:Tripoli (Libya) Current congestion surcharge of 5 percent to be
      184 words

  • Page 33 Advertisements
    • 2610 33 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES till## *****11 FAX *****09 \lllff BOOKINGS TEL *****234 *****58 WflfflV TERMINAL/CFS TEL *****218 220 P Pmfll M PESAKA JARDINE SHIPPING AGENCIES SON. BHD. L VxM# A PORT KELANG TEL *****18 FAX *****91 *****88 r\..~i:*» PENANG TEL *****4 FAX *****1 CFS TEL *****6 ■WOHBB
      2,610 words
    • 2052 33 TRANSPORT DIARY Mar 10-14: Cruise Shipping Conference Exhibition, organised by Seatrade at Miami Beach Convention Centre. Miami Beach. Florida. USA. Mar IV: New International Trade Terms and Rules of Shipping Practices Seminar, organised by F.lim Management Services For details, please contact tel: 292-5670 or fax: 298-IXO4 COURSES Mar 10-Apr 21:
      2,052 words
    • 1431 33 mams^ssm TWO SAILINGS TO U.S.A. MAGLEBY MAERSK 9204 ETA SIN 10/3/92 SEA LAND MARINER 130E ETA SIN 9/3/92 Vessel Voy ETA ETO Feeder by DESTINATIONS Johanna to This week Magteby Maersk 9204 10/3 0800 hrs Port CFS 9/3 2359 HRS Kelang Penang OAK LGB HOU MEM ATL MIA CMS BAL
      1,431 words

  • Page 34 Advertisements
    • 1663 34 R DAM/ VOY NO S PORE JEDDAH S HAMTON H BURG ANT LE HARVE mmm THAMES 10/309 7/3 25/3 27/3 30/3 31/3 LA SEINE 23/110 12/3 21/3 4/4 31/3 30/3 HOECHST EXPRESS 02/310 15/3 1/4 3/4 6/4 7/4 T*n *»«TPFMMfi KAGA 23/111 19/3 28/3 11/4 7/4 6/4 FW HANNOVER EXPRESS
      1,663 words
    • 748 34 SEASPAC SERVICE CONTAINERS B BHEAKBULK DIRECT SOUTH PACIFIC SFBWICf SIN NOU SUV PPT PALEMBANG 3301 EB 25-27/3 7/4 10/4 14/4 COPIAPO 3403 EB 9/4 25/4 27/4 3/5 Transit Time (16 (22) ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA, PAGO PAGO APIA. NUKUALOFA. P VILA FASTEST SERVICE TO CHUE/PfRU SIN VAP
      748 words
    • 1596 34 P3J WWBtMSMM EtMStm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSI/VOY SIN ALG BCI BRE ROT ANT FCL LHA (VIA (MA (VIA ALG) HAM) ROT) NORASIA AL MUNTAZAH 9201-3 10/03 01/04 03/04 04/04 05/04 06/04 07/04 08/04 09/04 NORASIA SAMANTHA 9202-3 16/03 06/04 08/04 12/04 13/04 14/04 15/04 16/04
      1,596 words

  • Page 35 Advertisements
    • 2014 35 W STRAITS SHIPPING PTE LTD ■I 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa#: *****17 ACCEPTS DUE SAtS CARGO SW*E B'KOK "2* 1 »0« Mu»a Lib. KK 0« 07 M» 09 Mar 11 Mar ptGASUS PROGRESS W.707N 06-07 MAR 10-11 MAR STRAITS HOfE VO3E Muarj. Shan.
      2,014 words
    • 2594 35 V SINGAPORE AGENT: <\\ PB.O Containers (Singapore Agencies) Pte Ltd X 9 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 Tel 225 2233 Telex RS ***** PNOCSP Fa*: 225 5327/222 7517 CR Number **********0Z EXPORT IMPORT VESSEL VO* pPNG "PKG SIN ALG SOU WIT ROT MAM JED
      2,594 words

  • Page 36 Advertisements
    • 563 36 tgJMMU CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/W S PORE ROAM ADAM H BURG BRtMEN ANTMRP WAIARAM 31MB 9/3 12. 4 16 4 20/4 23/4 SAIWIJAYA 34W8 15/4 18/5 23/5 27/5 30/5 KJTAI 25*8 2/5 5/6 10 6 14 6 17/6 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO
      563 words
    • 1355 36 0 HANJIN SHIPPING FOR VSL SM LINE HAUL LGB OAK FM VSL SIN ILINE HAUL SAV AM HYC HANJIN ELIZABETH 003E 7/3 OKECT 29/3 I 4 HANIIN KNANGYANG 086E 9/3 H YOKOHAMA 03K 16/4 17/4 19/4 HANJIN VANCOUVER OOSE 15/3 MRECT 5/4 8/4 HANJIN KUNSAN 072E 16/3 M PROPITIOUS 0306
      1,355 words
    • 1334 36 J!vl -If iJ T I mi sgp use wc kic pus mkt osk net a> nro iai cm bai wrc im» a*« mjm w*gr® cm pki sgp I r BHTIf K *4} It/) 11/1 It/3 11/J 20/3 73/3 24/1 2t/3 27/) 21/3 10 4 22/4 Hl* 25/4 5/S t/i 7/5
      1,334 words

  • Page 37 Advertisements
    • 1907 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 ilSf NEPLINE SDN BHD MALAYSIA K.L
      1,907 words
    • 1014 37 SINSOV SINGAPORE SOVIET 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 1 EASTBOUND-OCCHARqNG WESTBOUND-LOWS THAMSHPPED HA ROTTERDAM wr |ai |ml»
      1,014 words

  • Page 38 Advertisements
    • 1635 38 K m w JF* AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W W IWT TEL* *****77 TELEX KAWAKIRS23I6S FAX *****07/^9 I r%J H MALAYSIA: "K"LJNEMARITIME (MALAYSIA)SON BHD I JBL Bk. m m 4 TELSASSO24OO PK *****01/5 PENANG *****0 JB *****1 wamm KAWASAKI risen KAISHA, LTD INDONESIA: p.t.
      1,635 words
    • 1229 38 PHILI-ORI€NT LIN€S PTC LTD 4v V 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA.... JagL WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AumuLUMtwzauAjmnovTHnumc mjtCLtmvKx 07 MAR SYDNEY. MELBOURNE. BRISBANE, FREMANTLE 06 MAR
      1,229 words

  • Page 39 Advertisements
    • 1123 39 SSSSSMLmt■ PACIFIC INTERNATIONAL LINES (PTE) LTD JLa 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 J _CRNOIQQBQe^QQQQE JAKARTA |BANGKOK I rws-s. s BUNQiT TERAT Al M a KOZINTSEV 17N 3/3 11/3 13/3 PETR DUTOV 10N »/J 13/3 */l KOTA 22 KOTA BIKTANQ KBT2IO 10/3 13/3 17/3 •UMOA TIRATAI
      1,123 words
    • 1162 39 EacßenV I F CLASS OOMAINER TRANSPORT FEEDER VESSEL I PENANG PKELANGI OCEAN VSL/VQY SIN SOU (1) RTM (2) HAM (3) GOT (4) ANSON/TBN 6/3 7/3 TQYAMA 2092 10/3 27/3 29/3 30/3 1/4 ANSON/TBN I£3 AROSIA 2102 17/3 3/4 5/4 6/4 8/7~ ANSON/TBN 20/3 21/3 NIHON 2112 24/3 10/4 12/4 13/4
      1,162 words
    • 556 39 \ggft MYANMA \BBk FIVE STAR UNE w (Myanmar National Una) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gdf MYOMA TWA VI4OW 9/11 Mar S/S Mar »VA ¥114* 13/1 C Ma 8/11 Mar *174* 12/14 Mar PAGAN VI SON IS/19 Mar THE BANK LIKE (A Mrvtoaof Andrew W*fc Shipping) Vi SEMI-CONTAINER
      556 words

  • Page 40 Advertisements
    • 579 40 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS IHBOUNP VESSELS ni Sf n IK u rn 41 I/J 11/1 MM ftLM* 11 11/3 IS/J SHI UEM 71 11/3 11/ l TIMS MTO 37 h/J »/j mm OUUIKEI IS lt/3 21/3 W»U II 11/3 22/3 MEM TIMEI 7 11/3 22/3
      579 words
    • 92 40 [Spore P Kelang Loading for I OS PIONEER 5/3 S/3 Rdm/Atw/UK/Nantes I FURM 15/3 11/3 Rdm/Atw/UK/Nantes W S pore Loading for I PAN RISER 12/3 Oubai/Bahrain/Oammam/Kuwait I I PUMA 15/3 Aden/Hodeidah/ Jedda h I I HECTOR 12/3 Oubai/Bahram/Dammam I I LISE 15/3 Hodeidah/Jeddah/Aqaba/Port Said I I PAN GLORIA 20/3 Hodeidah/Jeddah/Aqaba
      92 words
    • 109 40 y|J|»j^»ji] w ki>]ll>Jill[•] J BEUING CHANGCHUN CHANGSH^^pb^ CHENGDU CHONGQING FUZHOU GUILIN HARBIN KUMMING NANNING OUANZHOU SHEKOU SHENYANG SHENZHEN WUHAN XIAMENXIAN ZHENGZHOU OlneOfli /SHENZHIN SHIPPING Tel: 227 4788 Fax: 227 2Q83 5^ Ibocsl LUHUPL/S.E.fl. BREAKBULK SERVICE vessel JIN Bl BREMEN 7-10/2 ANTWERP 11-15/2 TO PORT KELANG, SM6APORE 16/3, HONGKONG. KAOHSJUNG, OSAKA,
      109 words

  • Page 41 Advertisements
    • 733 41 NEXT SAILINGS TO BKK MEXT SAILINGS TOHCMC /Mtoyd to BANGKOK/VIETNAM DIRECT m II SKI I Nedlloyd Lines FEEDER VESSEL r*G RE* OCEAH VESSEL SJN LEH «TK(1) HA-(2) BRV FIX SOU GOT *3 ft 7/3 6/3 W ST 27/3 12/4 2|/3 31/3 1/4 10/4 W. Blwm/562 B. Seroja/833 7/3 5/3 N.
      733 words

  • Page 42 Advertisements
    • 796 42 TO AUSTRALIA/NEW ZEALANO ("55 Ite I Fro It** IJH Iteck |NPf |7 CHMM bum hum ST" n/3 77/1 i/i 4/4 i«/« liT* S ?«4 12/4 19/4 574 17/4 3/5 5/5 c. «m£s m 23/4 i/5 19/s u/s Ti/s ANHIWWIN m 19/5 17/4 22/5 27/5 2/4 5/4 TO USA/CANADA Tfc Pwl
      796 words
    • 897 42 EXPORTS TO HONGKONG. TAIWAN. MANIA i JAPAN 'TWICE WEEKLY" MALACCA STRAITS SERVICE foinKwe voy m rtw kt sm I mmThkg kao ree tyq tor smz ncq kqT [vtssti voy Ism Ipkl fcw sw C CAERE! 156 -2 3 **4 3 4.3 7 3 11 3 13 3 10.3 10.3 193
      897 words
    • 157 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD CT» ET» EM SPORE rail AEIANG PENANG HUE WOE 11/3 Lotdinf for MM *UVN HUDKJ 20/3 loading for Calcutta OOLPIM 12/3 In Pt loading For Max (Baittat) PIONEER SUPREME 13 loading For Ma!r DONMUM 21/3 loaded For Feliwaru progress i eon s«m
      157 words
    • 1670 42 to T 9 is H > CHINA OCEAN SHIPPING COMPANY ml ""WU- CONTAINER UNER SERVICE malatMA i PMcnid ftPNFRAI AtfN'K fiXWSwi AttNiy CHUNG CHI AO SHIPPING SON BHD rmiiß CHlpPlNr PT? ITn PT. GLOBAL PUTRA KL TEL: *****91/17 FAX: *****92 ***** l»Uo lAN SMiTUb Pit LIU UARITIUF t. KLJMG TEL
      1,670 words

  • Page 43 Advertisements
    • 676 43 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES LIMASSOL/PIREAUS 8/3 ROTTERDAM 8/3 HAFA/ASHDOD/ALEXANORIA 873 HAMBURG/BREMEN 8/3 MARSEILLE/FRANCE 873 FELIXSTOWE/UK 8/3 BARCELONA/SPAIN 873 LEHAVRE/ANTWERP 8/3 GENOA/ITALY 873 GOTHENBURG/SCANDINAVIA 8/3 LOS ANGELES/WC/IPI 8/3 I SYDNEY/MELBOURNE 8/3 NEW YORK/EC 8/3 FREMANTLE 13/3 VANCOUVER 8/3 BRISBANE/ADELAIOE
      676 words
    • 852 43 ®NICHrlcLu MARINE AGENCIES IS) PTE LTD TEL- *****33 (12 LlnM) BFAX: *****15/*****03 TELEX: R3 ***** RISHIP (3 Lliwa) ETHIOPIAN SNIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOV ETA LOADING FOR SPORE ABYOT 28WB IS/04 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABBAY WONZ 33W8 8/05 OARESSALAAM MOMBASA
      852 words
    • 547 43 [JAKARTA BANGKOK m m [to w I munm T urnmm 1 AKA BHUM 133$ 07/03 10/03 lARU BHUM lM h, PI I 06/03 Mon 09,03 BfN BHUM 245 33/03 14/03 MHA BHUM 9W Sal 07/03 Tim 10/03 i| AM BHJM 134S 34/03 17, 03 WANT A BHUM >0N Son ~Q«7o3~
      547 words
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  • Page 47 Miscellaneous
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