The Business Times, 12 March 1992

Microfilm: NL17812
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times MITA (P) 35/12/91 Thursday, March 12, 1992 THE BUSINESS PAPER EOR S-E ASIA 75*
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  • NEWS SUMMARY
    • Article
      IMF to recommend US$12b in aid for Russia
      44 1 WASHINGTON The International Monetary Fund (IMF) will recommend to its members that Russia needs US$l2 billion (5519.6 billion) in food donations, debt-relief and other financial assistance to meet its import requirements, The Washington Post reported yesterday.
      44 words
    • Article
      Shevardnadze's new appointment
      32 1 TBILISI Former Soviet Foreign Minister Eduard Shevardnadze was appointed president on Tuesday of a State Council which will act as Georgia's provisional Parliament pending legislative elections, officials said here.
      32 words
    • Article
      Cept plans threatened
      35 1 OBJECTIONS from some business sectors have threatened the Philippine government's plans to come up with a list of products for inclusion in the Asean common effective preferential tariff (Cept) scheme Page 2
      35 words
    • Article
      Disk drive worry
      36 1 SINGAPORE'S disk drive industry is aggressively hiring workers to increase output. The move worries some companies which are not sure if demand would be sustained through the rest of the year Page 2
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    • Article
      Clove call
      28 1 PRESIDENT Suharto has ordered the immediate restoration of Indonesia's controversial clove trading system in a way that would not hurt the interests of growers Page 3
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    • Article
      URA allows site merger
      32 1 SINGAPORE'S Urban Redevelopment Authority (URA) has decided to allow developers to merge two hotel sites in its Riverside Village tender to make the sale more attractive Page 4
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    • Article
      KL to reject plan
      32 1 MALAYSIA will reject a plan by the US and Japan to prevent developing nations from practising local-content policies, said International Trade and Industry Minister Rafidah Aziz Page 8
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    • Article
      Probe on hoarding
      23 1 THE Russian government has hired "financial detectives" to trace money stashed overseas by former Soviet citizens and enterprises Page 9
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    • Article
      Two tankers named
      36 1 THE first two of four new parcel tankers for use by the StoltNielsen Inter-Europe Service were named in formal ceremonies at the Fukuoka Shipbuilding Co yard in Japan yesterday. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      30 1 WALL STREET stocks were down at the opening of trade yesterday, with the Dow Jones index of leading industrials losing 2.24 points to 3,228.75 after the opening bell.
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    • Article
      Footsie lower
      33 1 LONDON share prices were sharply lower at midday yesterday in a delayed negative reaction to the government's budget presentation. At about noon, the FTSE 100 was down 28.3 points at 2,546.5.
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    • Article
      Causeway at crossroads
      37 1 CAUSEWAY Investment Ltd, one of the biggest casualties of the Pan-Electric crisis, has failed to shed its negative image. But this may change when the latest series of corporate developments take effect Page 5
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    • Article
      BTR Nylex profit down
      41 1 BTR NYLEX LTD, 62.5 per cent owned by BTR pic, reported a 41 per cent slide in net profit for 1991. For the current year, the company hopes to benefit from recent acquisitions and restructuring Page 6
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    • Article
      Tat Lee in Viet talks
      31 1 SINGAPORE-LISTED Tat Lee Bank has had talks with Ho Chi Minh City-based Vietcombank to establish interbank relations and provide companies with trade settlement services Page 7
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    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 699.81 +6.67 Kuala Lumpur ....588.36 +1.41 Tokyo 20,592.14 -262.45 Hongkong 5,005.96 +87.01 Sydney 1,609.1 3.8 Tuesday Change New York 3,230.99 +15.87 London 2,006.61 +22.2
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    • Article
      CURRENCIES
      24 1 Exchange rates USS ss 1.6775 100 Yen SS 1.2542 MS SS 0.6540 Money market rates Overnight 2 5/8 +1/8 3-month 3 5/16% -1/16
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    • Article
      COMMODITIES
      36 1 London Gold AM fix USS349.00 +USS0.10 Rubber S'pore Apr.... 136.50"/kg -0.50 M'sia Apr 2l0.00«/kg unch KL Tin Turnover 10 tonnes -30 Spot MS 14.13/Wg +0.02 Crude palm oil Turnover 1,390 lots -92 Mar MS946/tonne +4
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  • Article
    Keppel makes $206m cash call to fund regional drive
    409 1  -  Group's second fund-raising exercise this year By Magdalene Ng SINGAPORE The Keppel group is tapping shareholders for $206 million to fund its expansion in South-east Asia and Vietnam. In the group's second fund-raising exercise this year, Keppel Corporation Ltd said yesterday
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  • Article
    Amoy Properties makes HK$2.3 billion rights issue
    389 1  -  Hang Seng index pushes past 5,000 mark From Catherine Ong in HONGKONG AMOY Properties, the real estate arm of the Hang Lung group, has hit the Hongkong stock market with a HKS2.3 billion (***** million) rights issue as feverish buying pushed the Hang
    389 words
  • Article
    S'pore must be careful not to get overpriced, warns BG Lee
    552 1  -  Yesterday in Parliament By Anna Teo SINGAPORE Singapore, while doing fine so far, must be careful this year not to become overpriced amid optimistic expectations of a sudden global turnaround. Deputy Prime Minister Lee Hsien Loong warned yesterday. In
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  • Article, Illustration
    Greenback surges to 4-month high against S$
    245 1  -  By Chew Eng Han SINGAPORE The US dollar surged to a four-month high against the Singapore dollar yesterday, continuing its uptrend since the low of 1.6180 was touched on Feb 10. As the greenback firmed against major currencies such as the yen, deutschemark
    245 words
  • Article
    KL government rejects claims of favouritism in Telekom tender
    458 1  -  From Leslie Lopez in KUALA LUMPUR THE Malaysian government has rejected allegations of favouritism and interference over the decision to award five international companies a Ms 2 billion (SSI.3 billion) contract to supply digital telephone equipment. Finance Minister Anwar Ibrahim said
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      249 1 Cassette Recetvet C Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone *****33 Kuala Lumper Phone 757 0233 Penang: Phone *****5/*****4 Jakarta Phone 374 065/380 1472 I Aircraft Schedule 27 KLSE 19 Unit Trusts 18 Commodities 26 Money Changer Rates 27 Weather 27 Company News 5,6 Money Market 25
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      Page 1 Advertisements Column 2
      20 1 More reports, Pg 3: S'pore Telecom flotation unlikely this year: BG I>ee; More foreign workers for contractors under new policy
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      Page 1 Advertisements Column 3
      22 1 CDL Hotels in the black; Amoy Props a top HK real estate owner, Pg 5 Hang Seng smashes 5,000point barrier, Pg 22
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      Page 1 Advertisements Column 4
      67 1 m m I S*£Jubv36B KL's Ms2b contracts criticised, Pg 5 he be ■K >4K 9 removed? V" A PETITION has been a M filed to oust Edward Goh Kim Hai, chairman pM of Pacific Can Investment Holdings Ltd. Full report, Page 5 Picking the right ad agency, Page 15 CHECK
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  • PAGE 2 NEWS
    • Article, Illustration
      Dissent from some sectors threatens Manila's plans
      510 2  -  Asean Common Effective Preferential Tariff scheme Reports by Al O Labita Jr in MANILA MOUNTING opposition from some business sectors has derailed the Philippine government's plans to come up with a list of products for inclusion in the Asean common effective preferential tariff
      510 words
    • Article
      Philippine bankers urge setting up of US$100m Asean Fund
      349 2 MANILA Philippine bankers are pressing for the establishment of a US$lOO million (S$ 167 million) Asean Equity Fund as a financial component of the Asean Free Trade Area (Afta). They told BT that the creation of Afta hinged not only on
      349 words
    • Article, Illustration
      Lock icon China anoints Hongkong advisers
      203 2 APF BEIJING Chinese President Yang Shangkun and Premier Li Peng attended a ceremony here yesterday to anoint a group of Hongkong luminaries chosen to advise Beijing in the run-up to 1997, when the British colony reverts to Chinese rule. Mr Li failed to assuage fears that
      APF  -  203 words
    • Article, Illustration
      Disk drive makers hire staff but stay cautious
      507 2  -  By Joseph Rajendran SINGAPORE The local disk drive industry is aggressively hiring workers to raise output, but some companies are not sure if demand would be sustained through the rest of the year. The hiring comes after the industry had gone through
      507 words
    • Article, Illustration
      Mexico wants strong Nafta-Afta link, with S'pore as region's hub
      307 2  -  Reports by Schutz Lee SINGAPORE Mexico is keen to see a strong link between the North American Free Trade Area and the Asean Free Trade Area, with Mexico and Singapore serving as distribution centres for their respective regions. The Mexican
      307 words
    • Article
      Mexican govt to open tourism office in S'pore
      162 2 SINGAPORE THE Mexican government plans to open a tourism otFice in Singapore by the middle of this year. Mexican ambassador Manuel Uribe said the office Mexico's second in Asia outside Tokyo could bring together Mexican and Singapore travel agents to produce US-Mexico
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    • Article, Illustration
      S'pore Telecom flotation unlikely this year: BG Lee
      355 3 Yesterday in Parliament PUB listing will take several years SINGAPORE Singapore Telecom is unlikely to be floated this year,-said Deputy Prime Minister Lee Hsien Loong yesterday, as the government wants to take its time over the complex issues involved in the privatisation
      355 words
    • Article
      PARLIAMENT BRIEFS
      546 3  -  Reports by Chuang Peck Ming,Anna Teo MONEY IS NOT an obstacle to Singapore's push in research and development, says Deputy Prime Minister Lee Hsien Loong. Nor is the problem "where to go into". "The problem is to get enough activities launched and the right attitude of research imbued
      546 words
    • Article
      Boon Heng: Learn from Japan how to improve productivity
      309 3 SINGAPORE Learn from the Japanese on how to improve productivity, Senior Minister of State for Trade and Industry Lim Boon Heng said in Parliament yesterday. And that, he said, meant promoting teamwork through quality control circles (QCCs), lean production and training.
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    • Article
      Call for ombudsman as check rejected again
      195 3 SINGAPORE A repeated suggestion for an ombudsman as another check on the government has again been thrown out by Parliament. There is no pressing need for an ombudsman, and there are enough outlets for Singaporeans to air their grievances. Law Minister S Jayakumar
      195 words
    • Article
      More foreign workers for contractors under new policy
      271 3 SINGAPORE The new foreign worker policy for the construction industry is more generous than some contractors think, says Minister for National Development S Dhanabalan. Contractors could hire more foreign workers than they did under the previous policy, he said in reply to
      271 words
    • Article, Illustration
      Lock icon Reform clove trading but don't hurt growers: Suharto
      430 3 AFP JAKARTA President Suharto has called for Indonesia's controversial clove trading system to be reformed, but only in such a way as would not hurt the interests of growers, the Jakarta Post reported yesterday. "The president told us to immediately restore the
      AFP  -  430 words
    • Article
      Lock icon Japan's Feb trade surplus soars to all-time high
      280 3 Reuter TOKYO Japan's customscleared trade surplus soared to an all-time high in February as exports, especially to Asia, jumped while a slowing domestic economy and lower oil prices trimmed imports, economists said yesterday. The Ministry of Finance (MOF) said the surplus, without
      Reuter  -  280 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      129 2 Time to bite the bullet Singapore's tariffs the lowest, Pg 11 L& 'tvs/Jbim* m yv'Z^V ir m i Bt*.. B&Jw lyggßi H A promotion, we're (old, depends on how well you perform. And often on how well our food does. ww Served in a cosy atmosphere, our sumptuous authentic meals
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      Page 2 Advertisements Column 2
      8 2 Thailand and Mexico sign trade pact, Pg 8
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      53 3 Omc|;» Speed master Professional iff Jy /J gen" chronograph in #s««f *ith engraved inscription [IM Jj"The Fira Watch Worn on the Moon* E^aßo^ °n the case back Hip im The sign of excellence. Sole Agent and Service Centre: SILVAROYAL PTE LTD. 250 North Bridge Road #15-01/02 Raffles City Tower Singapore
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      Page 3 Advertisements Column 2
      164 3 \W v [V\ y /r W fJ vA> n< Your V* Q/> >o °P Hair loss often results in a loss of self-esteem. So if hair obviously looks better on your head that's where it should stay. ON TOP is a hair care vitamin tablet that's formulated to work hard
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        Expatriate CPI up 6.8pc in December
        80 4 THE Expatriate Consumer Price Index in December last year was 6.8 per cent higher than in December 1990, according to the Singapore International Chamber of Commerce. The rate of increase is more than that of the Government's Consumer Price Index, which rose 2.9 per
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      • Article
        Better guidance please
        61 4 THE Education Ministry has asked the private sector to help it provide students with better career guidance. The Minister of State for Education, Sidek Bin SanifT, said yesterday the ministry was stepping up efforts to provide guidance, and organisations could help by providing schools with updated information
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      • Article
        University alumni dinner
        65 4 A 30th Anniversary Dinner for Singapore University graduates, spouses and well-wishers will be held on May 2. Aimed at a renewal of alumni fellowship, it will be attended by 1,800 people. Prime Minister Goh Chok Tong and Mrs Goh, both of whom are alumni of the university,
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      • Article
        Corrections and Clarifications
        128 4 THERE were a couple of errors in the table headlined Growth forecast for South-east Asia in yesterday's BT. The correct table is reproduced below. We are sorry for the errors. Country Growl ftwwt account (US») WMwjM 1M1 1M2 W- 1»1 1(12 W- 1M1 ian| WOTo" -0.8 13
        128 words
    • Article, Illustration
      URA to allow tenderers to merge two hotel sites
      426 4  -  Closing date for Riverside tender extended to April 21 Reports by Colin Tan THE Urban Redevelopment Authority (URA) said yesterday that it would allow developers to merge two hotel sites in its Riverside Village tender to make the sale more attractive.
      426 words
    • Article
      Taxis across the river
      180 4 THE Singapore Tourist Promotion Board (STPB) has finalised plans for some boating activities along the Singapore River as part of the URA's Riverside Village land sale. In a statement yesterday, the STPB said it would allow four motorised boats to be used as water transport for
      180 words
    • Article, Illustration
      Former UOB banker acquitted
      366 4 FORMER banker Paul Joannes Willemse was acquitted yesterday on the chaige that he had incited a British barrister to. give false information to the Director of the Corrupt Practices Investigation Bureau (CPIB). District Judge Khoo Oon Soo, who acquitted Willemse without calling for his defence, said
      366 words
    • Article
      Telecom in global venture to provide financial services
      359 4  -  By Dexter Lee SINGAPORE Telecom and 11 other telecommunications organisations around the world have formed an association that will offer a range of services designed to meet the specific needs of the global financial industry. In a statement released yesterday, Telecom said
      359 words
    • Article
      BT (UK) sets up customer service centre
      197 4 BT (UK), formerly British Telecom, has opened a customer service centre in Singapore as part of its global approach to service management. The centre, open 24 hours a day, is the first in the region. Similar centres will be set up in Australia
      197 words
    • Article
      Investment company seeks to buy HDB shops
      314 4  -  Plan to form chain store group By Hong Lee Tiam INVESTMENT company Huico Holdings has begun to approach shops in Housing and Development Board estates with a plan to buy over their businesses and gather them in a chain store group. Huico's move
      314 words
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      226 words
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  • COMPANY NEWS 1
    • Article
      KL's M$2b contracts criticised
      573 5  -  Award of telecoms deals to 5 firms sparks cries of favouritism From Leslie Lopez in KUALA LUMPUR A SURPRISE decision by Malaysia's Finance Ministry to award five international companies a Ms 2 billion (551.28 billion) digital exchange supply contract for Telekom Malaysia Bhd has sparked sharp
      573 words
    • Article
      Amoy Props a top HK real estate owner
      216 5  -  From Catherine Ong in HONGKONG HONGKONG Amoy Properties is one of the largest real estate owners in Hongkong with over 346,000 sq m of commercial, office and residential space in its portfolio. Since its HKSS7O million (*****.3 million) placement of shares in
      216 words
    • Article, Illustration
      New boardroom war looms at Pacific Can
      544 5  -  Largest shareholder seeks to unseat three directors By William Chia SINGAPORE Pacific Can Investment Holdings Ltd, which found itself in the midst of a sensational boardroom tussle four years ago, is again said to be embroiled in an attempt by a shareholder to
      544 words
    • Article
      Causeway worth a second look
      693 5  -  THE HOCK LOCK SIEW COLUMN Corporate developments could lead to strong recovery By William Chia SINGAPORE Investors can hardly be blamed for being wary of Causeway Investment Ltd. The company, formerly controlled by fugitive businessman Ho Hua Min, was one of the biggest casualties of
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    • Article
      City Developments' unit in Hongkong back in the black
      546 5  -  From Catherine Ong in HONGKONG A STERLING performance by Grand Hyatt Taipei hotel has helped CDL Hotels International to get back into the black but a HK$6B6 million (S$ 148.2 million) rights issue awaits dividend-deprived shareholders. The 52.7-per-cent-owned subsidiary of City
      546 words
    • COMPANY BRIEFS
      • Article
        Rothmans Industries appoints new director
        51 5 SINGAPORE Rothmans Industries Ltd has announced the appointment of Daniel Prins to its board of directors with effect from March 5, 1992. Mr Prins replaces Paul Dudson, who has resigned from the board to take up a new appointment as finance director of Rothmans International
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      • Article
        LKT queried on real estate sale
        68 5 SINGAPORE Lee Kim Tah Holdings Ltd has been asked by the Stock Exchange of Singapore to provide details with regard to the sale of real estate at Alexandra Road. The SES requires details of the factors taken into account in arriving at the consideration
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      • Article
        Nod for Public Finance listing
        31 5 KUALA LUMPUR Public Bank Bhd shareholders have approved plans to have Public Finance Bhd, a wholly-owned subsidiary, listed on the Kuala Lumpur Stock Exchange main board.
        31 words
      • Article
        Jack Chia-MPH's new UK unit
        23 5 SINGAPORE Jack Chia-MPH Ltd has announced the incorporation of JC Hudson Ltd, a new subsidiary, in the UK.
        23 words
      • Article
        Guthrie Ropel appointment
        25 5 KUALA LUMPUR Guthrie Ropel Berhad has announced the appointment of Badardin bin Ahmad as a director of the company with immediate effect.
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    • COMPANY BRIEFS
      • Article
        Lippo to increase authorised share capital
        121 6 HONGKONG Indonesian conglomerate Lippo Ltd said its shareholders had approved a resolution allowing an increase in its authorised share capital and participation by Cheung Kong (Holdings) Ltd in a convertible note transaction. Under the resolution, Lippo's authorised share capital will be increased to HKS4BO
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      • Article
        Taiwan market opens further
        93 6 TAIPEI Taiwan's Finance Ministry yesterday permitted local listed enterprises to issue depositary receipts in overseas bourses to further open direct foreign participation in the island's stock market, officials said. In the long-awaited liberalisation move, foreign firms were also allowed to float depositary receipts, seen as a
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      • Article
        Dell Computer profits surge
        127 6 DALLAS Posting especially strong gains in foreign sales, Dell Computer Corp said on Tuesday that profits in the fourth quarter rose 79 per cent, exceeding most Wall Street estimates. The company, which is based in Austin, Texas, also announced a three-for-two stock split. For the quarter
        127 words
      • Article
        China, Thailand in food venture
        101 6 BEIJING China and Thailand have signed an agreement for a US$lOO million (S$ 167.75 million) food processing joint venture in the northeastern port city of Qinhuangdao. the official Xinhua news agency reported. The venture between China National Cereals, Oils and Foodstuffs Import and Export Corporation
        101 words
      • Article
        Wharf buys US$51m Texas hotel
        70 6 HONGKONG Locally listed Wharf (Holdings) Ltd said it had bought a 420-room hotel in Texas for US$5l million (5585.55 million) from the Marriott Corp. Wharf bought the 10-year-old Marriott Mandalay through its 57 per cent owned subsidiary Harbour Centre Development Ltd (HCDL). It will pay
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    • Article
      Lock icon BTR Nylex reports 41pc fall in net profit
      315 6 Industrial conglomerate says outlook for this year uncertain Reuter MELBOURNE Industrial conglomerate BTR Nylex Ltd has reported a 41 per cent slide in net profit to A 5286.6 million (SS36I million) for calendar 1991. BTR Nylex, which is 62.5 per cent owned
      Reuter  -  315 words
    • Article
      Lock icon Two German firms cut dividends
      596 6 BASF and Hoechst turn in lower profits for second year Reuter FRANKFURT Germany's two largest chemical groups, responding to two years of plunging profits and rising costs, said on Tuesday they were trimming their dividends for 1991 by one mark (S$ 1.00) to 12 marks.
      Reuter  -  596 words
    • Article, Illustration
      Lock icon Saatchi and Saatchi turns in £63m pre-tax loss
      308 6 FT LONDON Saatchi and Saatchi, the world's second largest advertising and marketing services company, has reported pre-tax losses of £63.6 million (S$ 182.5 million) for the 15 months to the end of December 1991; on a 12-month basis the pre-tax loss was
      FT  -  308 words
    • Article
      Lock icon Stanchart posts 37pc jump in pre-tax profits
      487 6 Reuter LONDON British bank Standard Chartered pic yesterday reported a 37 per cent rise in pre-tax profits last year and chairman Rodney Galpin expressed optimism about prospects in the AsiaPacific region, the group's main profit earner. Pre-tax profits rose to £205 million (SSSB9
      Reuter  -  487 words
    • Article
      Refiner Thai Oil's profit plunges 37.8pc
      217 6 BANGKOK The net profit of Thai Oil. Thailand's largest oil refiner, for the fiscal year ended last Sep 30 plunged 37.83 per cent from a year earlier to 304 million baht (SS2O million), the Bangkok Post reported earlier this week. The drop came against
      217 words
    • Article
      Lock icon Texas Instruments joins Intel court battle
      215 6 Reuter SAN JOSE, California Texas Instruments Inc has joined computer chip maker Chips Technologies Inc in its courtroom battle against a patent infringement suit filed by Intel Corp, Chips Technologies said on Tuesday Chips Technologies, which makes chips compatible with the popular Intel 386
      Reuter  -  215 words
    • Article
      Lock icon Record profit for Taisei this year
      385 6 Builder expects sluggish economy to hit earnings in 1993/94 Reuter TOKYO Japanese construction company Taisei Corp will post a record parent current profit this business year and next, but the sluggish Japanese economy will finally dampen earnings growth in the year from April 1,
      Reuter  -  385 words
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  • FINANCIAL NEWS
    • Article, Illustration
      Tat Lee, Vietcombank to set up links
      430 7  -  Singapore bank keen to provide trade settlement services From Harish Mehta HO CHI MINH CITY SINGAPORE-LISTED Tat Lee Bank has just had talks with Ho Chi Minh Citybased Vietcombank to establish interbank relations and provide companies with trade settlement services in a bid
      430 words
    • Article
      Lock icon Battered US thrifts industry returns to the black
      395 7 Reuter WASHINGTON The savings and loan industry is back in the black, posting its first profitable year since the thrifts crisis began in 1986, the government said on Tuesday. Thrifts earned U*****.6 million (551.47 billion) in the fourth quarter of 1991, pushing
      Reuter  -  395 words
    • Article
      Lock icon Japan's bad property loans top S$126b
      356 7 AFP TOKYO Japanese banks* non-performing loans to the volatile real estate sector may have exceeded 10 trillion yen (*****.8 billion) last year, a senior analyst at Nomura Securities Co Ltd said. Hiroki Akimoto, manager of Nomura's institutional research and advisory department, said on Monday
      AFP  -  356 words
    • Article
      Lock icon Kuwait Asia Bank goes liquid ahead of decision on future
      313 7 Reuter MANAMA, Bahrain Kuwait Asia Bank EC, a Bah-rain-based offshore banking unit (OBU) 88 per cent owned by Kuwaiti financial companies, is converting its assets to liquid instruments ahead of a decision on its future, bankers said. Bank sources said
      Reuter  -  313 words
    • SMALL CHANGE
      • Article
        Hongkong rejects public enquiry into BCCI units
        93 7 HONGKONG The Hongkong government yesterday rejected a call for a public enquiry into the closure of two local subsidiaries of the disgraced Bank of Credit and Commercial International (BCCI). Financial Secretary Hamish Macleod brushed the demand aside as a handful of angry depositors
        93 words
      • Article
        Tokyu Loan sues Maruman
        54 7 TOKYO Tokyu Loan and Guarantee Co Ltd, an affiliate of Tokyu Corp, has filed a suit against Maruman Securities Co Ltd, the firms' spokesmen said on Tuesday. The suit, seeking repayment of more than two billion yen, concerns stock investment trouble involving Maruman, an official of
        54 words
      • Article
        Pakistan to sell certificates
        67 7 KARACHI, Pakistan Pakistan will introduce high-profit foreign currency bearer certificates in domestic and foreign markets. The government's five-year certificates will be sold from Sunday within Pakistan and from March 23 abroad, the State Bank of Pakistan (SBP) said on Tuesday. "These certificates will be issued at
        67 words
      • Article
        Orix co-lead manager of loan
        86 7 TOKYO Japan's Orix Corp has joined with Credit Lyonnais and Bank of China to co-lead manage a 20 billion yen (Ss2so million) loan to Ming Wah Shipping Co Ltd of Hongkong, an Orix official said yesterday. The loan is the biggest ever syndicated financing involving
        86 words
      • Article
        Moody's confirms HKBank rating
        58 7 HONGKONG Moody's investors service said yesterday that it had confirmed the Prime-1 ratings of HSBC Holdings pic unit Hongkongßank for short-term debt and commercial paper. The confirmation concludes a review begun last October. "Although a number of HSBC affiliates remain problematic, their performance appears to have,
        58 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Tokyo asked to help fund aid to Cambodia
        113 8 TOKYO The head of the UN Transitional Authority in Cambodia (Untac) told Foreign Minister Michio Watanabe yesterday that Japan is expected to fund one-third of the total UN operation's cost in Cambodia, officials said. Untac chief Yasushi Akashi was quoted as saying
        113 words
      • Article
        Manila reserves at record high
        81 8 MANILA The Philippines' gross international reserves reached a new record high of U554,984 billion at the end of February, more than double the level a year ago, the Central Bank said here yesterday. "The system continues to be awash with dollars," a spokesman said. Bankers
        81 words
      • Article
        Aid donors to meet in HK
        107 8 MANILA Donors to the Philippine Assistance Programme (PAP) will examine the country's usage of past assistance and discuss possible future aid in a two-day meeting in Hongkong, which starts today. PAP spokesmen said yesterday that the government of President Corazon Aquino would not ask
        107 words
      • Article
        Thailand buys Mitsui generators
        102 8 BANGKOK The state-owned Electricity Generating Authority of Thailand (Egat) has signed a contract to purchase two gas turbine generators and one steam turbine generator worth U*****.3 million (S$ 189 million) from Mitsui and Co Ltd. The three generators, each with a capacity of 100 megawatts, will
        102 words
      • Article
        Bangkok approves pay hike
        82 8 BANGKOK Some 250,000 state enterprise workers in Thailand will get a pay rise of more than 25 per cent next month, a government official said here yesterday. He said the government on Tuesday approved a proposal by the Interior Ministry to raise the salaries of state
        82 words
    • Article
      Lock icon Resist harmful pacts, Dawkins tells Japan
      213 8 Reuter SYDNEY Japan should resist pressure to enter into trade arrangements that could harm its ties with Australia, Australian Treasurer John Dawkins said yesterday. Mr Dawkins told a business lunch the US has, in the past, asked Tokyo to make long-term arrangements restraining Japan's
      Reuter  -  213 words
    • Article, Illustration
      KL to oppose US, Japan on local content policies
      339 8  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA will oppose a plan by the US and Japan to prevent developing nations practising local-content policies. Malaysian International Trade and Industry Minister Rafidah Aziz said yesterday that even if the two industrial powers succeeded
      339 words
    • Article
      US urged not to act on Thai patent complaint
      346 8 BANGKOK The American Chamber of Commerce in Thailand (Amcham) has recommended that the US Trade Representative take no action regarding the American pharmaceutical industry's complaint on patent protection, as Thailand has already changed its patent law to improve protection. The Nation
      346 words
    • Article
      Thailand and Mexico sign trade pact
      220 8 BANGKOK Thailand yesterday reached the first trade expansion agreement with Mexico, presumably an important move in the context of the forthcoming North American Free Trade Area (Nafta), said The Nation newspaper. Signatories to the agreement were Deputy Commerce Minister Pridiyadhorn Devakula and Mexican Deputy
      220 words
    • Article
      Lock icon Foreign speculators fuel corruption in Cambodia
      385 8 AP PHNOM PENH Just as it is emerging from two decades of war and revolution, Cambodia faces a new woe: the invasion of its shattered economy by a legion of foreign speculators and get-rich-quick merchants. The frenzied deals, mostly by Chinese, have sparked riots
      AP  -  385 words
    • Article
      IMF calls for rise in Thai VAT and interest rates
      454 8 BANGKOK The International Monetary Fund (IMF) mission evaluating Thailand's economy has recommended that the Thai government increase the val-ue-added tax (VAT) rate and that the Bank of Thailand maintain high interest rates to prevent a huge current-ac-count deficit, the Bangkok
      454 words
    • Article
      Lock icon Myanmar dissidents urge West to keep pressuring junta
      471 8 Reuter MANERPLAW. Myanmar Only steady pressure from the international community and the UN can free Nobel Peace Prize-winner Aung San Suu Kyi, said the alternative Myanmar government based in the jungle. Aung Sang Suu Kyi's life would be in danger, if the
      Reuter  -  471 words
    • Article
      Lock icon Thai economy seen to grow by 8-8.5pc in '91 and '92
      288 8 AFP SINGAPORE Thailand's economic growth is likely to average 8.0 to 8.5 per cent in 1991 and 1992, but domestic demand could slow in the near future, Merrill Lynch warned yesterday, in the latest issue of its monthly Asian
      AFP  -  288 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      136 8 Singapore Scenes^ "Singapore Scenes", a special career feature on 4 April '92, is an excellent opportunity for companies to extend their recruitment overseas. This feature,4vhich precedes the forthcoming Career Fair to be held in Australia and New Zealand between July and Augustf will keep Singaporeans overseas and qualified foreigners informed
      136 words
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      Page 8 Advertisements Column 2
      91 8 Acquire a UK Professional Qualification through... DISTANCE LEARNING Application now open for the 6th Intake 4 MATURE STUDENTS 0 DEGREE HOLDERS e DIPLOMA HOLDERS 0 A' LEVELS For Degree/Diploma Holders, exemptions may be granted subject to the approval of each professinal body. COURSE STRUCTURE PRESENTATION BY MR BALBEER SINGH MANGAT
      91 words
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  • THE WORLD
    • Article
      Russia to trace citizens' funds hoarded overseas
      461 9  -  Govt hires financial detectives to find up to USs3ob From John Helmer in MOSCOW THE Russian government has hired American "financial detectives" to trace money stashed overseas by former Soviet citizens and enterprises to avoid taxes, duties, confiscations and devaluations at home. Government
      461 words
    • Article
      Lock icon Bush may make speech on his economic strategy
      437 9 Reuter WASHINGTON US President George Bush may make a major speech to the nation or take unilateral action to boost the economy if his "growth" plan is rejected, as expected, by Congress, White House and campaign officials said. "If it comes to
      Reuter  -  437 words
    • Article
      Lock icon Ottawa vows to win car, lumber disputes with US
      223 9 Reuter OTTAWA Canadian politicians said on Tuesday that they do not want to start a trade war with the United States, but vowed to win trade disputes over cars and lumber. "We are going to use every measure at our disposal
      Reuter  -  223 words
    • Article, Illustration
      The last days of customs
      59 9 FIGUKRAS, Spain Striking customs workers carrying a crucifix with a sign reading in Catalan, "Death in just 295 days, or earlier", during a protest here near the French border on Tuesday. Customs workers, who will lose their jobs with the advent of the Furopean single
      59 words
    • Article
      Lock icon Gulf businessmen to urge EC to drop energy tax
      301 9 AFP ABU DHABI Gulf businessmen are preparing to press for a trade agreement between the Gulf Cooperation Council and the European Community as well as for an EC move to abandon an energy tax. The appeal will be made at a
      AFP  -  301 words
    • Article
      Lock icon White House expected to change anti-trust policies soon
      424 9 NYT WASHINGTON Despite a chorus of objections, the Bush Administration is expected to change its anti-trust policies within seven to 10 days to allow Justice Department lawsuits against the American operations of foreign cartels, senior administration officials said on Tuesday. The news
      NYT  -  424 words
    • Article
      Lock icon US, EC officials meet in bid to save Gatt talks
      329 9 Reuter BRUSSELS Senior US I and European Community officials were to meet yesterday in a new bid to save the troubled Uruguay Round of world trade negotiations from collapse. "It is possible for officials to have a meeting tomorrow to
      Reuter  -  329 words
    • WORLD WATCH
      • Article
        EC moving towards signing Russian pact
        88 9 BRUSSELS The European Community is moving towards signing a broad new agreement with Russia this year that will be aimed in part at boosting Russia's exports to the 12 EC countries, according to a communique released here on Tuesday. The joint text was issued
        88 words
      • Article
        Gorbachev to be questioned
        64 9 MOSCOW Officials investigating alleged illegalities in funding by the communist party of leftist movements abroad will interrogate former Soviet President Mikhail Gorbachev, the Russian prosecutor general said on Tuesday. Prosecutor general Valentin Stepankov told a news conference that several members of the communist party politburo which
        64 words
      • Article
        US, EC policies on Yugoslavia
        90 9 BRUSSELS The United States and the 12-member European Community (EC) could recognise the independence of Yugoslavia's various republics as early as next month, the two sides said here on Tuesday. US Secretary of State James Baker and EC foreign ministers said in a joint statement
        90 words
      • Article
        W German inflation up 4.3pc
        68 9 BONN Western Germany's year-on-year inflation jumped back above 4 per cent in February, the official statistics office said on Tuesday, amid growing concern that current wage rounds could set off a major price spiral. Preliminary data showed that inflation grew to 4.3 per cent from
        68 words
      • Article
        India prepared for nuclear talks
        88 9 WASHINGTON A senior Indian diplomat said on Tuesday he had informed US officials that India's Government was prepared to discuss efforts to halt nuclear arms proliferation. "We are serious about non-proliferation," said Foreign Secretary J N Dixit, the top career official under India's minister of
        88 words
    • Article
      Lock icon US non-farm productivity rises for first time in 3 years
      350 9 AP WASHINGTON America's non-farm productivity grew for the first time in three years in 1991 as businesses tried to maintain output with a smaller workforce during the recession, government figures showed on Tuesday. Productivity rose 0.3 per cent last year,
      AP  -  350 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      110 9 MCHHI Mill KEY TUEPHOM SYSTEM CMMCICMMNCUNMWZJIN WGrTAL KEY TELEPHONE SYSTEM TYPES 306/512/824/1648 If s a wonder how this wizard can pack Synthesised voice message so many sophisticated features in so Headset and voice recording facility compact a size. Data terminal connection for LAN IDDpasswxdlock LD.ODpdvate line connection 4-party conference ottler
      110 words
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  • Article
    Return to basics
    476 10 EDITORIAL MARGARET THATCHER was a grocer's daughter who believed in balancing her books, paying debts on time and not depending on the government to bail her out. She translated her beliefs into policies which revived the British entrepreneurial class and transformed public sector behemoths into envied corporations.
    476 words
  • WHAT THE OTHERS SAY
    • Article
      Playing fair
      273 10 FFIOM TIME TO TIME, narrow nationalism overwhelms good sense when Singaporeans talk about the immigration of foreigners into this country'. Given that one of the long-term constraints to grbwth is the size of the talent pool here, the country cannot afford either to lose out in the global
      273 words
    • Article
      Remove the malady
      99 10 WE CANNOT take for granted the rising complaints against doctors in the recent past. If it is just a matter of rising expectations, then the trend may not be so worrying. But if it is more because of the quality of serv ice provided by the doctors,
      99 words
    • Article
      A dose of supervision
      119 10 FROM THE REASONS given to curb the number of doctors in the country, it shows, if nothing else, that the government is worried about doctors giving patients unnecessary services, such as checks and tests, so as to increase their revenue. But curbing their numbers alone cannot
      119 words
  • REGIONAL VIEWPOINTS
    • Article
      Let them face the music
      145 10 THE REMOVAL of Mr Miyazawa as prime minister may become a prerequisite for tackling the ruling party's present crisis, but reshuffling the LDP pack will not be sufficient to overcome the malaise afflicting Japanese politics. The scandals are not the responsibility of any individual, or
      145 words
    • Article
      Save our spirituality
      151 10 THE GREATER TRAGEDY might be the fact that not many Malaysians are aware of the downward spiral of their spiritual values. Some may actually feel that we are improving as a nation; that the undesirable elements like heart disease, crime, crumbling family units and so forth which
      151 words
    • Article
      How about a second chance?
      191 10 PERHAPS this season of Ramadan has something to do with the magnanimous gesture by two of Malaysia's prominent businessmen in urging the government to forgive and forget the past failures of entrepreneurs still struggling from the last recession. They ask that the government give a
      191 words
  • Article, Illustration
    Lock icon Trying to rekindle the torch of reform
    1066 10  -  Simon Holberton discusses why China's paramount leader appears to be seeking to end three years of retrenchment Simon Holberton FT DENG Xiaoping, the 87-year-old who has commanded the heights of poli-cy-making in China since the late *****, once said: "I will only speak
    FT  -  1,066 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      127 10 f IL. w V' ■■Ht Scalpel...scissors...sutures... Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on your money. Essential information accessible every business day through Business Times. In the same way a
      127 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      39 10 DOONESBURY BY GARRY TRUDEAU .41 KIP. H5P£'S THS W THINGS A[" SOVOTS PtAL, THS OUSH CAM- 7#VSi£/A■■■ FOR MP' PAI6N NtePs ATTACK I m HJHtTZ HOUS£ SKJPn*m L£TSS£MP BACK' ADS —LOTS OF 'EM! I ISWCOHCWitP 2JSS/-K mNAL 5 V^^-
      39 words
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  • ANALYSIS
    • Article
      Lock icon The need to restrict the arms trade in Asia
      750 11  -  Gerald Segal discusses what can be done to prevent regional conflicts in Asia from flaring up into open warfare Gerald Segal The writer is a senior fellow at the International Institute for Strategic Studies and editor of the Pacific Review IHT
      IHT  -  750 words
    • Article, Illustration
      Time to bite the bullet
      880 11  -  From Manila, AlOLabita, Jr reports on the mixed feelings Filipino businessmen have about the Asean Free Trade Area Al O Labita WHEN Philippine President Corazon Aquino flew back home from the recent Asean summit in Singapore, she was euphoric over the meeting's "unqualified success." She
      880 words
    • Article
      Singapore's tariffs the lowest
      664 11 A COMPARATIVE study by the Philippine Tariff Commission shows that, based on 1991 rates of duty among Asean member-states, Singapore had the lowest average tariff at only 4.41 per cent. In contrast, Thailand recorded the highest at 43.83 per cent, followed by the Philippines, 25.96 per
      664 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      743 12 pan Nothing Beats A Bud. where to wine, dine OF into a world of classical charm Create traditions. Indulge in English tea or evening cocktails. Enjoy the repertoire of our string quartet or solo pianist. Experience Hyatt Regency Singapore's new Scotts Lounge 1 Hyatt Regency Singapore 10-12 Scons Road Singapore
      743 words
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      Page 12 Advertisements Column 2
      277 12 \J| flr m H^H K <^f Br r :J|^HSH j/i$ _J H^[fl IMKJ You'll enjoy our delicious selection H[KH| of authentic Beijing Dian Xin served amidst the splendour of an Imperial Court May we expect you today? HH V From noon to 2.30 pm. OXTT I A la carte menu
      277 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      541 12 TELEVISION AMP RADIO i mm ,2 :1 410 mr™ n^"W H,< business on rako 111 V/ VI I lIVI 111 Lcona Helmsley: The Queen 6.45 Religious Programme. IV/ T ill L/Ciill 7.30 AM CNN International <!.). of Mean (See Our Choice). 7.00 CNN. BBC 88.9 mHi in VHF Band II
      541 words
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  • LIFESTYLE
    • Article, Illustration
      Memories are made of these
      554 13  -  Cheryl Liew previews the Substation's main event of the year which features various artistic disciplines Cheryl Liew Memories are the cornerstone of life, so believes the Substation's artistic director Kuo Pao Kun. Calling it "the vast, deep reservoir generously feeding the creative being", it forms
      554 words
    • Article, Illustration
      Lock icon For better rather than for worse
      864 13  -  While advertising dollars for most magazines fell last year, publishers of bridal magazines filled their coffers as couples walked clown the aisle, reports Deirdre Carmody Deirdre Carmody NYT AFTER years in which cohabitation seemed more compelling than commitment, wedding bells are again ringing throughout
      NYT  -  864 words
    • Article, Illustration
      Plight of Palestinians moves Julie Christie
      645 13 CHATTERBOX BRITISH actress Julie Christie said on Tuesday that she was shocked by the restraints under which Palestinians live in the occupied West Bank. "A whole people are under control and reduced to the same as children," she told reporters in Jerusalem after a
      645 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      159 13 AND ENTERTAIN A buffet of perennial favourites with a different selection everyday Monday Western Favourites Tuesday Chinese Delights Wednesday Malay Temptations Thursday Mexican Specialities Friday Italian Raptures Saturday International Served daily from 12 noon to 2.30 pm at $19.50+ per person. An a la carte menu is also available. ANA
      159 words
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      Page 13 Advertisements Column 2
      28 13 Lunch $9.00 Dinner $13.50 En/oy our Shabu Shabu Sukiyaki Barbecue RESTAURANT KPBE Tel: 734-6796 4th fir Unit 04-06 07 Tanglin Shopping Centre Air flown KOBE BEEF also available.
      28 words
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      Page 13 Advertisements Column 3
      135 13 7 hen you see this sign you can expect the V best because only restaurants which meet the highest standards of beef cuisine receive it. YOU WILL SEE THE SIGN AT THE FOLLOWING RESTAURANTS: JACK'S PLACE STEAK HOUSES <733-1211) THE COMPASS ROSE b THE TEA ROOM (WESTIN HOTELS 33®-«585| HUBERTI'S
      135 words
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  • SPORTS
    • SIDE LINES
      • Article
        Injured Gooch out of match against S Africa
        118 14 MELBOURNE Injury has robbed England captain Graham Gooch of possibly his only chance of playing an official cricket match against South Africa. Gooch yesterday ruled himself out of today's World Cup day-night clash here but said there was still a chance fellow
        118 words
      • Article
        NZ to go all out
        97 14 DUNEDIN, New Zealand New Zealand skipper Martin Crowe said yesterday that he had abandoned plans to use reserve squad members in today's World Cup cricket match against India. After last Sunday's win over the West Indies, Crowe had said he intended to utilise the other
        97 words
      • Article
        Buser sets blistering pace
        87 14 WHITE MOUNTAIN, Alaska The leader in the Iditarod Trail Sled Dog Race was setting a blistering pace on Tuesday as he arrived at the White Mountain checkpoint just 123 kms short of the finish line at Nome. Martin Buser's nearest competitors were running more than 64
        87 words
      • Article
        Bid to scale Tibetan mountain
        60 14 BEIJING A Sino-Japanese expedition will make its second bid to conquer eastern Tibet's unclimbed Mount Namjagbarwa next autumn. The Xinhua news agency said on Tuesday that the team had to give up an expedition to the 7,782-metre mountain last autumn after 56 days because of
        60 words
      • Article
        Arsenal beats Oldham
        98 14 LONDON Arsenal responded to manager George Graham's call to challenge for a UEFA Cup place by edging a 2-1 home win over Oldham in the English First Division here on Tuesday night. They were shown the way by England striker lan Wright, who scored his third goal
        98 words
      • Article
        Officials may walk out
        110 14 FORT LAUDERDALE, Florida Angry officials at the Honda Classic golf tournament could walk off the job this weekend in a labour dispute with the PGA Tour. A walkout "is one of the options," Richie Phillips, attorney for the union, said yesterday. "I'll have to work hard
        110 words
    • Article, Illustration
      Lock icon Chavez to take on Camacho
      388 14 AP NEW YORK Julio Cesar Chavez is likely to defend his WBC super featherweight title against Hector Camacho in early July, promoter Don King said on Tuesday. King called a news conference at a Manhattan hotel, but did not announce a date and place for
      AP  -  388 words
    • Article, Illustration
      Lock icon Sitting in the dock of the bay
      495 14 America's Cup AP SAN DIEGO Dennis Conner's quest to defend the America's Cup was dealt another setback on Tuesday when his Stars and Stripes' 110-foot (33-metre) mast crashed to the deck at the start of the second leg of the eight-leg Pacific Ocean
      AP  -  495 words
    • Article
      Lock icon Kirsten emerges as unlikely star
      296 14 Cricket: World Cup AP MELBOURNE Veteran batsman Peter Kirsten has emerged from obscurity to become the most consistent run-maker in the World Cup cricket tournament. The 36-year-old former Derbyshire player scored an unbeaten 62 on Tuesday to help South Africa to a sevenwicket win over
      AP  -  296 words
    • Article
      Lock icon China maintains faith in system to develop champions
      652 14 Reuter KUNMING, China The communist way of creating sporting winners may be dead in Europe, but China still champions its brand of the system in pursuit of Olympic glory National swimming coach Wen Xinglong, for one, is glad the state's system for
      Reuter  -  652 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      142 14 To find out just how little space our Minolta EP5400 takes To go into the long and short of T protrude beyond the machine, taking up Its speed is also hard to beat —40 Minolta El it, our EP5400 copier is just 690 mm j space, this compaa copier has
      142 words
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  • ADVERTISING AND MARKETING
    • Article
      No French connection
      913 15  -  The advertising industry will be watching tomorrow night's Creative Circle Awards show very closely to see how it fares without creative guru Neil French. Sangeeta Mulchand reports Sangeeta Mulchand The creative Circle Awards (CCA) show has probably never before generated so much interest. Or so few expectations.
      913 words
    • Article
      Oscars to be given out tomorrow
      221 15 THE Creative Circle Awards or The Gong Show tomorrow promises to be an event quite different from the "graduation ceremony" it has unofficially been dubbed in the past. The presentation of the local advertising industry's "Oscars" will be a polished performance, with a difference,
      221 words
    • Article, Illustration
      How to pick the right advertising agency
      755 15  -  In the first of a series of articles on advertising, Andrew Kefford outlines the procedure involved in agency hunting Andrew Kefford The writer is managing director of Advertising Advisory Centre Pte Ltd. Next week the writer will discuss the briefing and assessment of
      755 words
    • Article
      COPY LINES
      185 15 SINGAPORE J Walter Thompson has published a compilation of its 1991 creative works, which will be used to spearhead new business this year. The book, along with a videotape of its latest television commercials, will be mailed to all current clients, and more than 100 prospective clients in
      185 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      206 15 «8, Air Mowabb from Nike. With our All Conditions Gear, you can explore places you've never been before. VII Vlli IVV IIIIIVVVII IlibhjVlliVII 1VVII Air Mowabb from Nike The all conditions shoe that's perfect for walking through swamps, hiking over mountains or just climbing the stairway to heaven. Will they
      206 words
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      Page 15 Advertisements Column 2
      88 15 It's alright With the urai-ball micro rolling pen, water-resistance is just one of its outstanding qualities. UtIM The Uni-ball Micro Deluxe touch, thus allowing clearer rolling ballpoint pen uses a impressions with ease, special pigment ink which Reliable and perfect for can offer resistance to today's high-tech age. smudging and
      88 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market closes higher on selective bargain-hunting
      4234 16  -  By Quak Hiang Whai SHARE prices on the Singapore stock market rose on selective bargain-hunt-ing in thin trade yesterday with most major investors still reluctant to take up new positions due to a lack of fresh factors. Brokers said the market gained on recovery
      4,234 words
    • Article, Illustration
      Lock icon HOT STOCK
      62 16  -  By Chew Kng Han Comment FIRST target of $1.00 reached. Shorter-term traders should look to liquidate on rallies as a correction down is likely to occur soon. The upmove may extend slightly to around $1.05, from where a retracement back to 92-94 cents is probable. Longer-term picture remains
      SOURCE: PONT DATA  -  62 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3124 18 MISC Foreign 530 +20 +3 9% NST 360 +16 4 7% M Banking 515 +10 +2.0% MAS 458 +10 +2.2% Magnum Corp 50* 362 +10 4-2.8% UMW 2% 8 2.8% Amal Steel 50« 238 7 +3.0% Sime Darby 50* 276 +7 +-2.6% Shell 452 +6
    3,124 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      249 18 BANKING, FINANCE AND INSURANCE SUPPLEMENT 1998 A special Business Times Survey May 4,1998 The theme for this year's supplement is "Managing the Tiger" which focuses on the tremendous growth achieved in recent years by Asia's banking and finance industry and the constraints faced by the region's regulators to encourage growth
      249 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices finish firmer despite late sell-off
      5185 19 Bernama SHARE priccs in Kuala Lumpur finished firmer yesterday but ofT earlier highs as cautious investors sold on strength towards the close. The KLSE Composite fell back from the day's high of 589.23 to end at 588.36, up 1.41 points above Tuesday's close.
      Bernama  -  5,185 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      114 20 Company Date Year Croup Net Net earnings Gross ann profit/loss (L) per share dividend (000) (cents) Van der Worst Mar 5 Sep 91 *2 739(*****) 4 7(42) 1(1) Pacific Can Mar 4 Sep 91 $106($1.450l> 0 2(-) Cerebos Feb 13 Sep 91 J45.623|($38 911) 148(128 23 6TE(30TE) Kl
      114 words
    • Article
      PRELIMINARY RESULTS
      271 20 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) H Kellas Mar 10 Dec 91 S27.239(J13.855) 10 8(6 0) 20(38 8) 8AT Mar 9 Dec 91 $41.513($41.018) 33 1(338) 1666(1524 DBS Mar 7 Dec 91 J421.654($404,238 62(59 3) 16(15 7)
      271 words
    • Article
      INTERIM RESULTS
      289 20 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) H Leong Ind Mar 10 Dec 91 M$57.038(J43 888) 6(6) First Capital Mar 6 Dec 91 53.937(5170L) FAI Ins Mar 5 Dec 91 A524.363U548.794L) -(40) Roth Inds Mar 5 Dec 91 532.334(532.507) 22 5(22.5) Cons Plant
      289 words
    • Article
      DIVIDENDS ANNOUNCED
      649 20 Current Ex Books Date Total for Total tor payment date dose payable the year last year Asean Fund USlOC(b) Mar 10 Mar 20 Mar 30 US10C US10C Avimo 20c 125%TE Mar 3 Mar 13 May 15 17 5%TE 12 SITE BAT 21c 104 8% Apr 9 Apr 22
      649 words
    • Article
      PROPOSED ISSUES
      553 20 Company Rights Issue Tech One-tor-one fe $1 00 per snare Bolton Issue of $90 978m nominal amount of 3 51 Redeemable Unsecured Guaranteed Bonds 1991 96 with 454JJ9m detachable warrants on the basts of $2 nominal amount of Bonds for every three existing shares held Every $2 nominal
      553 words
    • Article
      SCRIPLESS CONVERSION
      56 20 Conversion Special Trdg Scripless Conversion deadline Period Trading Com pan> starts (IDP) (SI") starts First Capital* Mar 31 Apr 22 Apr 9 Apr 22 Apr 23 Hai Sun Hup* Apr 1 Apr 23 Apr 10 Apr 23 Apr 24 Semb Shipyard* Mar 20 Apr 16 Apr 3 Apr
      56 words
    • Article
      COMPANY MEETINGS
      68 20 Paramount Corpn Bhd: EGM at Bilik Kuliah. 11th Floor, Menara Maybank, 100 Jalan Tun Perak, ***** Kuala Lumpur, on Thursday. Mar 12. at 10am Hai Sun Hup Group Ltd: EGM at 200 Cantonment Road. #09-01 Southpotnt, Singapore 0208. on Saturday. Mar 14. at 10.30 am First Capital Corporation
      68 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      364 20 In local curr In S$ In L'S$ dy yr dy S yr S dy yr Mar 10 Index chge chge chge chge chge chge World 398.2 0.4 -2.5 0.2 -4.0 0.2 -6.5 $E\FE 487.0 0.1 -3.0 0.0 -7.0 0.0 -9.4 Europe 440.6 0.5 7.1 0.7
      364 words
    • Article
      APPROVED ISSUES
      217 20 Company Rights Issue MCB rtdp One-tor ten MSI 10 per share Ei-date: Feb 24 Books close Mar 9 Acceptance Payment Apr 21 Tech Reuucts Four-tor five MSI 30 per share Ex-date Feb 3 Books close: Feb 19 Acceptance Payment Mar 31 Company Others Centrepont Renounceable preferential otter of
      217 words
    • Article
      CORPORATE DEVELOPMENTS
      165 20 Mar 10 Five companies, Perwira Ericsson, Pemas NEC Telecommunications, Nokia, Alcatel and Fujitsu,have been selected by the Malaysian Treasury to undertake the country's biggest digital exchanges supply contract for Telekom Malaysia. The contract is valued at more than J2billion. Keppel Bank is seeking a listing sometime this year
      165 words
  • Article, Illustration
    CHARTING SERVICE
    611 20 Moving Averages: A moving average curve shows at any one time the mean of the prices over a specified time frame. A five-day moving average, for instance, is the average of the last five days' prices. Moving averages (MA) are normally plotted with the prices, and serve as
    611 words
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  • STOCK EXCHANGE OF THAILAND
    • Article
      Lock icon Three new counters and bank stocks prop up market
      2266 21 Reuter BANGKOK stock prices closed higher yesterday, boosted by the listing of three new issues and demand for major bank shares, brokers said. The SET index rose 6.04 points to 803:94 on a turnover of 5.39 billion baht. "The bank sector
      Reuter  -  2,266 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Share prices end steady in thin trade
      1211 21 JAKARTA share prices ended steady yesterday in light trading which brokers said was only a temporary lull in market activity. The official index closed up 0.11 point to 282.45 on turnover of 5.84 million shares against the previous day's 4.62 million. Market favourites
      1,211 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      14 21 Timeszone Central is an easy-to-read pull-out tabloid appearing every Thursday in the Central Zone.
      14 words
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      Page 21 Advertisements Column 2
      108 21 I You'll get a clean job done when you call W'clSsPlß r ;in the experts found at ossification iSSjOß&iaa ra 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 relevant book reviews. ENTERPRISE
      108 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei index slumps to 17-month low
      2564 22 Reuter TOKYO stocks yesterday slumped in nervous trade and the Nikkei finished at its lowest closing level since Oct I, 1990. Arbitrage selling and the weaker yen eroded prices, brokers said. The 225-share Nikkei average was down 262.45 points to 20,592.14. The broader first
      Reuter  -  2,564 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Hang Seng smashes 5,000-point barrier
      2604 22 Reuter HONGKONG'S stock market smashed through the 5,000-point barrier on the Hang Seng Index yesterday, propelled by an 83 per cent surge in profits from the British colony's biggest bank. As soon as the market opened, the blue-chip index sliced with ease through 5,000 for
      Reuter  -  2,604 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares gain ground but close off day's high
      2284 23 Reuter AUSTRALIAN shares gave up some of their early gains yesterday but still closed slightly higher on light demand in a day of thin trading, brokers said. Brokers said share prices were buoyed initially by overnight rises on Wall Street and London.
      Reuter; SOURCE: PONT DATA  -  2,284 words
  • REGIONAL STOCK MARKETS
    • Seoul stocks close below key 620 level
      • Article
        SEOUL
        692 23 SEOUL stocks yesterday ended below the pyschologically-important 620 level on the index on profit-taking centred on manufacturing and insurance issues, brokers said. The index lost 8.97 points to 619.05. Trading was moderate with 17.0 million shares, worth 217.9 billion won changing hands against 20.1 million shares at 264.8 billion
        692 words
      • Article
        INDICES & TURNOVER
        55 23 INDICES TURNOVER Close Pie* km Mar li NEW ZEALAND N/SF.-40 Capital 1.466 66 1.461.24 5.42 MANILA Composite Index 1.120.03 I.I 16.71 3.32 Turnover (million) 958 5 332.4 626.1 TAIPEI Weighted Price Index 4.***** 4.926.20 39.28 Turnover (NTS billion) 19.45 17.2 2.25 SEOUL Composite Stock Inde* 619 05 ***** -8.97 Turnover
        55 words
      • Article
        TAIPEI
        499 23 TECHNICAL buying and gains in the Hongkong market pulled Taiwan share prices to a higher close yesterday, brokers said. The weighted index rose 39.28 points to 4,965.48. Turnover was NTS 19.45 billion against NTS 17.2 billion on Tuesday. Brokers said bargain hunters moved in after recent losses but they
        499 words
      • Article
        BOMBAY
        65 23 BOMBAY share prices slumped on Tuesday after state-owned investment houses started heavy liquidation to cool the overheated market, brokers said. The Bombay Stock Exchange Index fell to 3,261.00 before closing at 3,316.03, down 231.58 points. "There was no panic," said a broker. "The off-loading was anticipated." He said bull
        65 words
      • Article
        MANILA
        455 23 PHILIPPINE shares inched up further yesterday on a second day of bargainhunting sustained by optimism about a new government after the May election and by New York's overnight gains, brokers said. The Manila Stock Exchange Composite index closed 3.32 points higher at 1,120.03. Volumes swelled to a combined 958.5
        455 words
      • Article
        NEW ZEALAND
        271 23 SHARE prices in New Zealand firmed yesterday but on low volume in a market brokers say is well underpinned. They said the market has showed little concern about Monday's announcement that Carter Holt Harvey would seek to raise around NZ$6OO million through a rights issue and the float
        271 words
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  • WORLD STOCK MARKETS
    • Dow makes modest gains in heavy trade
      • Article, Illustration
        NEW YORK
        1263 24 STOCKS in New York made modest gains in heavy trading on Tuesday, with bouts of program buying adding a fair amount of volatility. After being ahead by 30 points during the day, the Dow Jones Industrial Average gave half of that back to end at 3,230.99, up 15.87.
        1,263 words
      • Article, Illustration
        LONDON
        850 24 TREASURY chief Norman Lamont's announcement that government borrowing will double next year knocked share prices off their best as the London stock market closed on Tuesday, but the key indices still closed higher, buoyed up by hopes tax cuts would boost the government's popularity. The blue-chip Financial Times Stock
        850 words
      • Article
        FRANKFURT
        486 24 SHARES ended unchanged on Tuesday after a light trading session dominated by the chemicals majors. Three of the four most active stocks were chemicals and the overall market tracked their fortunes, gaining as Hoechst and BASF both cut their dividends by only one mark then coming off the highs
        486 words
      • Article
        INDICES & TURNOVER
        73 24 INDICES TURNOVER NEW YORK Close Prr»tous Mar 10 Dow Jones SAP 500 Turnover (million) 3.230.99 3.215.12 406 89 405.21 203.0 160.84 +15.87 1.68 +42.16 LONDON Financial Times 30 FTSE 100 Turnover (million) 2.006.6 2.574.8 404.8 1.984.4 2.550.7 331.1 22.2 24.1 73.7 FRANKFURT DAX Index 1,750 54 1,750.25 +0.29 AMSTERDAM EOE
        73 words
      • Article
        MILAN
        285 24 ITALIAN shares closed little changed on Tuesday in nervous, thin trading with most operators remaining on the sidelines ahead of next week's end of the March trading account. Dealers said uncertainty in the market about the financial fallout of the dispute over the ownership of Banca Nazionale dell' Agricoltura,
        285 words
      • Article
        ZURICH
        334 24 SWISS shares ended a quiet Tuesday session steady to slightly firmer. Dealers said foreign investors provided some support while local players preferred the money market, seeking investment opportunities in the current high interest rates. The all-share SMI index rose 2.7 points to 1,135.5 and the blue-chip index added 5.4
        334 words
      • Article
        STOCKHOLM
        188 24 STOCKHOLM bourse shares on Tuesday rose for the 12th day of the last 13, on strong foreign interest. The all-share index closed 0.21 per cent higher at 979.72 while the top-16 blue chip index ended up 0.43 per cent. Volume was slightly above average at 460 million crowns. "We
        188 words
      • Article
        TORONTO
        437 24 TORONTO stocks on Tuesday ended mixed with blue chips moderately higher, dealers said. "For the shortterm, the market has been able to withstand the drop in the Canadian dollar and the bond market," said Bill Ram, a technical analyst with Levesque Beaubien GeofTrion Inc. The Canadian dollar slipped to
        437 words
      • Article
        Untitled
        432 24 Other markets in Europe, South Africa and Canada Johannesburg Mar 10 Rind industrials A Alpha 4150 unch AECI 975 +10 AMIC 8000 250 Abercom 125 Amaprop 710 BAZ 1300 Barlows 5525 4- 100 Basil Strk 20 Blyvoor 600 CG Smith ***** Cnagalo 2725 Curfin 725 unch Edgars 5000 Fed Volk
        432 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar surges as yen takes a dive at European midsession
      1239 25 REPORTS THE US DOLLAR powered ever higher against the yen at the European midsession yesterday as a whole rait of sellers lined up to give the Japanese currency a battering. "The market's turned very bearish on the yen and
      1,239 words
    • Article
      INTERBANK FOREX RATES
      377 25 Cross rates Mar 11 USS SS MS Dm Yen SFr AS NZS USS 1.6680 2.5640 1.6720 133.30 0.5833 1.5180 1.3210 1.8248 SS 0.5995 1.5372 1.0024 79.9161 0.3497 0.9101 0.7920 1.0940 MS 0.3900 0.65 0.6521 51.9891 0.2275 0.5920 0.5152 0.7117 Dm 0.5981 0.9976 1.5335 79.72 0.3488 0.9079 0.7901
      377 words
    • Article
      MONEY MARKET
      535 25 Interbank rates SS Bid Offer Overnight 2 5/8 2 3/4 1-month 3 3/16 3 5/16 2-month 3 5/16 3 7/16 3-month 3 5/16 3 7/16 Owight mode: 2-13/16 LS$ Bid Offer 7 days 4 1/16 4 3/16 1 month 4 1/4 4 3/8 2 months 4 1/4 4
      535 words
    • Article
      Lock icon US bond dealers agree to release more information
      585 25 Reuter WASHINGTON The nation's junk bond market is getting a dose of its own form of glasnost. Bowing to pressure from regulatory officials, big Wall Street bond dealers have agreed to a plan giving investors and regulators easier access to price and
      Reuter  -  585 words
    • Article
      FINANCIAL FUTURES
      1153 25 SIMEX EUtOPOLLM Open High Low Sett Est Vol Op/Int Vol Mar 92 95.64 95.64 95.63 95.64 798 20il ***** Jun 92 95.35 95.35 95.33 95.34 6500 6717 ***** Sep 92 94.98 94.98 94.96 94.96 3000 2738 9352 Dec 92 94.32 94.32 94.30 94.30 900 2081 7015 Mar 93
      1,153 words
  • Page 25 Advertisements
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  • COMMODITIES
    • Article
      PRICES
      1386 26 MMMMMBHMMMMMMMMBMMMHaiMMHHNMMMMaMMMMMMNMI Rubber Mam MS (It In Nfc») S cents/kg Noon Post Inl 1 RSS Prompt 136.75/137.75N 136.50/137.50N Int I RSS Apr 92 136.75/137.25 136 50/137 00 (nt I RSS May 137.50/138 00 137.25/137.75 In! 2 RSS OP 134.75/135.75N 134 75/135 75N Inl 3 RSS OP 134.25/135.25N 134.25/135.25N Inl 4
      1,386 words
    • Article
      Lock icon Brazilian exporters drop opposition to coffee quotas
      377 26 Reuter RIO DE JANEIRO In a sudden and unexpected change of position, Brazil's powerful coffee exporters have decided at a heated council meeting to drop their opposition to a new international agreement with export quotas. Oswaldo Aranha Neto, president of the Brazilian Federation
      Reuter  -  377 words
    • Article
      Lock icon Canadian producer sees electric cars boosting lead
      308 26 Reuter VANCOUVER Cominco Ltd, which produces 11 per cent of the western world's lead concentrate, said the introduction of electric cars offers a bright future for lead, despite continued health concerns about the metal. Cominco marketing vicepresident Hans Ruess said in an interview
      Reuter  -  308 words
    • Article
      KL Tin Market volume dips to 55-week low
      831 26 REPORTS THE TIN PRICE on the Kuala Lumpur Tin Market yesterday added two sen to close at M 514.13 per kg. Market volume fell to a 55-week low of only 10 tonnes. The last time when the volume was at that level
      831 words
  • Page 26 Advertisements
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1242 27 City Flight ETA FHfkt ETC Mm PkaM GA887 1415 GA894 2015 MaiaMa QF5 2010 SQ228 2040 Aantardam SQ23 0700 GA894 2015 KL833 0955 KL834 2325 GA975 1525 kacklai* BAH 1225 SQ285 2215 iafcraki GF148 0915 GA525 1450 Sli ll|WH Bt453 1105 SQ182 0915 SQ181 1410 BI96
    1,242 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Luxuriating in splendid isolation
      553 27  -  POSTCARD FROM THE BRITISH VIRGIN ISLANDS By Alan Friedman ONE should not, as a rule, write articles about paradise hideaways. Write about such a place and before long it will be no more, or will have lost the anonymity that made it so attractive in the
      553 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 27 As at 3pm yesterday: Load dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2574 1.2745 Canadian dollar 1.3799 1.4078 NZ dollar 0.9044 0.9318 Sterling pound 2.8501 2.8887 US dollar 1.6650 1.6720 Local dollars to 100 units of foreign currency Austrian schilling 14.09
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      58 27 Duration Title Venue Organiser Tel April International Yugoslavia Zagrebacki (38)41/*****6 Days of Tourism Valesajam April 7-12 Internationa) Helsinki, The Finnish Fair *****5091 Building Fair Finland Corporation Duration Title Venue Organiser Td April 9-15 British Birmingham Centre 021-*****18 International Exhibitions, (fa*) Antiques Fair Birmingham April 20Exposhtp Barbican The
      58 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      45 27 It's amazing the lengths Finnair goes to ior just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price Check with your travel agent or call *****77 for more details. W« Know Europe boa Mart to Pinm*h.
      45 words
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      Page 27 Advertisements Column 2
      25 27 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 749 2577
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    • Advertisement
      Page 27 Advertisements Column 3
      27 27 snoii IT Soccer fans choose their favourite players survey specially commissioned by The New Paper. Who tops the chart? The New' Paper today. NEW n N ewsy
      27 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      192 27 chimney (7) 17 One who imposes sus--21 Time of day when most ~~""Lb^""lmlstrikes occur 26 On which —jit-JIL—^ JIhZZ 28 Choose artist who is relat- ed to Clytemnestra (7) 8 Noble territory of peer and 25 Fuel that is acceptable in monk (7) church (4) 00W4 J° m youth leader
      192 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      169 27 Singapore Outlook: Showers over a few areas in the late afternoon. Report: Maximum temperature 32.4 Assoc humidity 55% Minimum temperature 23.5 Assoc humidity 95% Hours of sunshine 10.75 Rainfall in mm Nil Rainfall this month 32.5 Rainy days this month 5 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 22/17 Cloudy Bangkok
      169 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      28 27 n*ve no TVjey qgc crying Our Foe TWAPJ'S IT "TM£N I emPTy TTRQOBL€. GETtiNG PfeoPlX. Pne, PW OS'S* ~fn CfT-— RNOfUefc J05.... 1 I ASSOCIATED NEWSPAPERS LTD.. IM2-IM2
      28 words
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  • Article
    Lock icon Britain cuts tax rate, doubles budget deficit
    413 28 UK budget 1992/93 Reuter LONDON Britain's Conservative government cut tax and doubled the budget deficit to a record on Tuesday to try to end a recession and win the coming general election. The measures were contained in what it called an annual budget
    Reuter  -  413 words
  • Article
    Lock icon Britons to go to the polls on April 9
    234 28 Reuter LONDON Britain will have a general election on April 9, Prime Minister John Major announced yesterday. The election pits a resurgent opposition Labour Party against Mr Major's Conservatives, in power for 13 years, in what will be the closest and
    Reuter  -  234 words
  • Article
    Lock icon China to open third stock exchange in the north
    251 28 AFP BEIJING China plans to open its third stock exchange, this time in the north of the country, to boost its current embryonic stock market, a senior official of the People's Bank of China said yesterday. "The new stock exchange along
    AFP  -  251 words
  • Article
    Lock icon Bush wins Republican nomination, Clinton leads Democrats
    277 28 AP WASHINGTON US President George Bush swept all eight Republican primaries on Tuesday, gaining more than half the delegates needed to clinch the nomination. In the tight Democratic race. Governor Bill Clinton broke away as a strong frontrunner with victories in eight of
    AP  -  277 words
  • Article
    Lock icon S'pore voices concern over Myanmar refugees
    368 28 AFP BANGKOK South-east Asian states have voiced their concern about the plight of tens of thousands of Muslims fleeing Myanmar and alleging atrocities. The first comments have emphasised the burden this places on impoverished Bangladesh, the country receiving the reported 130,000 to 150,000 Muslim
    AFP  -  368 words
  • Article
    Lock icon Japan's opposition Socialists embroiled in financial scandal
    236 28 AFP TOKYO Japan's opposition Social Democratic Party (SDP) has become embroiled in the rash of recent political scandals following the resignation yesterday of an MP who admitted taking money from a suspect resort development firm. But the party, which has taken a firm
    AFP  -  236 words
  • Article, Illustration
    Emerging markets need expertise, not capital
    702 28  -  The Bottom Line SN VASUKI SN VASUKI The writer is a BT correspondent A FORMER CINEMA in the Mongolian capital of Ulan Bator has been converted into a vibrant stock exchange. In neighbouring China, share prices of a handful of companies listed on the
    702 words
  • Article
    Lock icon Peace boat abandons attempt to sail to East Timor
    232 28 Reuter ON BOARD THE LUSITANIA EXPRESSO A Portuguese "peace boat" yesterday abandoned an attempt to sail to East Timor to commemorate the victims of an army massacre and headed back to Darwin under close surveillance by Indonesian warships. The 48 students
    Reuter  -  232 words
  • Page 28 Advertisements
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  • Shipping Times
    • Article
      Stolt-Nielsen to deploy two new ships in Europe
      299 29  -  By Dexter Lee SINGAPORE The first two of four new parcel tankers for use by the StoltNielsen Inter-Europe Service were named in formal ceremonies at the Fukuoka Shipbuilding Co yard in Japan yesterday. According to a statement from Stolt-Nielsen Singapore, the two
      299 words
    • Article
      Lock icon Airbus offers Japan a stake in building biggest airliner
      243 29 AFP PARIS Airbus Industrie is courting Japanese involvement in the European airplane builder's new project: a huge airliner whose biggest market will be Asia, Airbus chief Jean Pierson said in an interview in yesterday's Le Monde newspaper. "We are offering Japan
      AFP  -  243 words
    • Article
      Lock icon Compromise plan for sale of German shipyards
      192 29 AP BERLIN German officials on Tuesday announced a compromise plan to sell eastem German shipyards to private investors. The shipyards along the Baltic coast have been the sites of huge demonstrations by angry workers fearful of losing their jobs. After the collapse of
      AP  -  192 words
    • Article
      Lock icon Used Japanese cars booming in Russia
      499 29 Vehicles selling for three times the original price Reuter ARTYOM, Russia The used car business is booming in Russia's Far East as sailors translate new economic freedoms and a proximity to Japan into quick, substantial profits. The seamen hoard their tiny overseas hard currency
      Reuter  -  499 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      851 29 Page Col ABC Containerline 12 1 Accord Group 8 1-3 APL 5 3-5 APC Line 13 5 Arrow Inter 9 2 ASCL 5 9 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 10 1 Bangladesh Shpg 8
      851 words
    • Article, Illustration
      United Parcel doubles Asian air express volume
      539 29  -  By Juliette Walker SINGAPORE For two years running, US-based United Parcel Service has doubled its air express volume from Asia, outstripping industry growth rates of 30 to 50 per cent. The international courier expects to double regional outbound volume again this year, Joel
      539 words
    • NEWS SUMMARY
      • Article
        Fighting to fly further
        41 29 ALARMED by the recent encroachment of United States airlines, a growing number of foreign carriers are fighting back. Instead of merely tussling over market share, some of those carriers are now struggling for their lives Page 2
        41 words
      • Article
        Northwest revives discount fares
        68 29 NORTHWEST Airlines sewed another patch in the crazy quilt of airline fares on Tuesday when it said it would revive its 30-day advance-purchase fares. By the end of the day, American, Delta. United and USAir had dutifully matched the discounted, non-refundable fares, effective immediately. The reductions
        68 words
      • Article
        Continental expands service
        28 29 CONTINENTAL Airlines said on Tuesday that it was expanding service at a number of its hubs, because of an increase in passenger traffic. Back Page
        28 words
      • Article
        US airport shuts down
        29 29 THE BUSIEST airport in the United States was temporarily shut down here on Tuesday by a radar malfunction linked to a severe storm Back Page
        29 words
    • LOG BOOK
      • Article
        Kuwait to consider free trade zone
        125 30 KUWAIT Kuwait said on Tuesday it was considering setting up a free trade zone. The head of the Ports Authority said the government vhad put him in charge of a feasibility study on the project. "The free zone in the country will help activate
        125 words
      • Article
        Treuhand to sell shipyards
        55 30 BERLIN Treuhand is to sell the core of east Germany's shipbuilding industry to two European groups. Kvaerner of Norway will buy the Warnow and Neptun yards while Vulkan of west Germany will take over MTW of Wismar and OMR, a diesel engine maker of Rostock. About
        55 words
      • Article
        German firm to build big plane
        113 30 SANTIAGO, Chile Deutsche Aerospace AG of Germany has plans to build an aircraft for 800 passengers which would enter service by the year 2010, a local newspaper reported on .Tuesday. El Mercurio quoted Karl J Dersch, an executive of ihe German company, as saying
        113 words
      • Article
        Irish freighter loses cargo
        38 30 LONDON The Irish-flag Arklow Venture lost five bundles of logs off the south-west tip of England, Lloyd's Shipping Intelligence Service said. The 4,250 dwt vessel said the logs in .bundles weigh five tonnes each.
        38 words
      • Article
        China Eastern orders 7 Fokkers
        164 30 BEIJING China Eastern Airline has ordered seven Fokker iOO passenger jets for US$l5O million (***** million) in China's first purchase ever of Dutch aircraft, the official China Daily newspaper said. The newspaper said a purchase agreement was signed in Beijing by Frits M Vandekjagt, vice-president
        164 words
    • Article
      DAILY FREIGHTS
      356 30 INCREASED confidence in the Pacific grain charter market again lifted freight rates, although Atlantic fixtures remained weak, brokers said on Tuesday. The Baltic Freight Index rose three points to 1,232 as a result, with mostly lower rates seen in the large vessel sector. US Gulf/Japan grain was fixed
      356 words
    • Article, Illustration
      Lock icon Fighting to fly further
      1116 30  -  The global airline industry is preparing for a major shakeup. Foreign airlines are taking on American carriers on the latter's own turf for a bigger piece of the passenger pie. EdwinMcDowell reports Edwin McDowell NYT Alarmed by the recent encroachment of United States airlines, a growing
      NYT  -  1,116 words
    • Article
      COCKETT BUNKER MARKET REPORT
      847 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Banker Price Index change and
      847 words
    • Article
      THE SHIPPING GUIDE
      6146 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      6,146 words
    • Article
      SHIPPING AGENTS
      3206 43 AbC Containerline NV: Belsin Shpg Agencies Pte Ltd (SVManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). \dkris Business Corporation Philippine Caisource Shpg Trdg Pte Ltd (S) Ahrenkiel liner Service Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S).
      3,206 words
    • Article
      COURIER SERVICES
      255 43 Abacus Couriers Tel: 545-8011. Fax: *****98 Air Express Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844 Fax: *****16. *****80. Ainwifk Worldwide Courier Tel: 278-0188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. CitvlJnk International Tel: 344-3377. Fax: *****50. Cluster Unk Supplies Services Tel:
      255 words
    • Article
      AIR FORWARDERS
      1520 43 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-***** Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06 Air Express International Tel: 542-7666. Fax: *****74. *****50 Air
      1,520 words
    • Article
      PORT CONDITIONS
      3275 44 ARGENTINA Labour working normally. Buenos Aires; Port busy with most general cargo berths occupied. Over the last few Jays, some vessels needing deep draft berths have had to wait up to I day. Fiscal depots, particularly open yards for import containers, continue to be congested. San lxMvnzo: Five
      3,275 words
    • Article
      SHIP SALES & TANKER RATES
      1078 44 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers El Delantero: 131,260 dwt and built Jan 1974 Nippon Kokan. serious sellers on as-is basis. Milamores: 69,808 dwt and built 1989 Hashihama Tadot. owners have received an ofier of U5525.75 million and are expected to counter closely. Tamar: 65,419 dwt and
      1,078 words
    • Article
      AIR FREIGHT SCHEDULE
      557 44 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 1 BKK SIA SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 1 LUX/DXB BA822
      557 words
    • Article
      CRUISE & FERRY SCHEDULES
      404 44 CRUISE FERRY SCHEDULES CRUISE SNIPS Ait Drp Nat of Vessel ETA ETD Ports of Calb Port Ajttl MARCH 12 12 Royal Pacific 1000 1800 Sin-Jakarta Ocean Trade Chartering 12 13 Spirit of 1800 2359 Sin-P Tioman Jardine Shipping Hennessy 13 13 Asean World 1000 1800 Sin-Phuket Sembawang Johnson 14 14
      404 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        669 45 v««* Voy No Berth Anvil Ogarhw Vmd Voy No Berth Arrival Departui Marina Terminal 1 Colum Papua 8S S03 12 03/0800 14 03/1500 Batam Baru B132 M04 atof*side 1103/2300 Mas Jaya 6/92 S04 12 03/1200 13 03/0600 Batam Maiu *****2 M05 atoogs.de 12 03/0500 Santiago D E
        669 words
      • Article
        IN MALAYSIAN PORTS
        206 45 iohoro Port Berth: 1: Juta iaya: 2: Bangkhuntien; 3: Myomaywa; 4: Elioth SS; 5: Ryo Kim; 6: Barge iosindo Satu. Oi jetty: Stolt Surf. DCJ: ml. Dm on Mar 10: Green Sea, Ming Autumn. Globe Emerald. Due on Mar 11: Bum Han. Bunga Semarak, Ararat, Sukun, Ocean
        206 words
      • Article
        CONTAINER SCHEDULE
        1667 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking Balance Rstts Voy No Etb/Btr Period From To From ACX Lily 21B 14/0700 1 11/1500 11/1659 11/1900 3 12/0700 12/1159 12/1400 4 12/1200 12/1459 12/1700 ACX Violet 5A 14/1800 1 11/1500 11/1659 11/1900 3 12/0700 12/1159 12/1400 4
        1,667 words
    • Article
      Lock icon Airport shuts down by radar malfunction
      165 46 AFP CHICAGO The busiest airport in the United States was temporarily shut down here on Tuesday by a radar malfunction linked to a severe storm, officials said. All arriving and departing flights at O'Hare International Airport were halted for about 20 minutes after an
      AFP  -  165 words
    • Article, Illustration
      Lock icon Northwest revives discount fares
      697 46 Other airlines follow to match the new 30-day fares NYT NEW YORK Northwest Airlines sewed another patch in the crazy quilt of airline fares on Tuesday when it said it would revive its 30-day advance-purchase fares. By the end of the day, American, Delta, United and
      NYT  -  697 words
    • Article
      Lock icon Continental expands service due to rise in passenger traffic
      383 46 NYT WASHINGTON Continental Airlines said on Tuesday that it was expanding service at a number of its hubs, partly because of an increase in passenger traffic. Robert R Ferguson, chief executive of the Houston-based airline, also said the carrier would not
      NYT  -  383 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      25 29 Llms and MrvlcM r«pr*Miit«l by Mmilmts ot Km Registry «f Accredited (seS™»] Singapore National Ship- xXjjgfjj l or ailvtrlisintt enquiries, contact Shipping limes: lei 740-20>HV/740-2091).
      25 words
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      Page 29 Advertisements Column 2
      612 29 the FAMOUS > on <b CifIJKOPC ■iMIIIM* 224 1833 For more information pleane refer to Pg. 13 I MARITIME TECHNOLOGY: I GLOBAL CHANGE AND RESPONSE I SingaPort 92 I INTERNATIONAL MARITIME he SingaPort '92 International Maritime Exhibition and Conference is organised I EXHIBITION AND I by the Port of Singapore
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      53 29 Air Forwarders 15 Air Freight Schedule 16 Cochett Report 2 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily Fretftts 2 lnde« 1 Port Condi tore 16 Shipping Agents 15 Shipping Guide 10-11 Shipsales/Tanlier Rates 1( Ships in Port 11 Singapore Tides 11 Transport ftary i Weather and
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      106 30 FOR SUCCESSFUL MAHAGENIENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. 1 c( ENTERPRISE MANAGEMENT, in Business W x/ Times every Monday, is must reading for 7 c*Avu I managers who want the
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      2488 31 r mm OOCL (3) PTE LTD JARDINE SHIPPING AGENCIES *****11 *****09 \ll|f# BOOKINGS TEL: *****234 *****58 ■llliaM TERMINAL/CFS TEL: *****218 220 P BAAM H PESAKA JARDINE SHIPPING AGENCIEB SDN. BHD. k WfflF A PORT KELANQ TEL: *****18 FAX: *****91 *****88 7T~7 —TT PENANG TEL *****4 FAX: *****1 CFS TEL: *****6
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      Page 31 Advertisements Column 2
      1816 31 TRANSPORT DIARY Mar 19: New International Trade Terms and Rules of Shipping Practices Seminar, organised by Him ManMement Services For details, please contact tel: 292-5670 or fax: 298-1804. St-Dt 15-16: Asia-Pacific Digital Cellular Mobile Communications organised by 1BC Technical Services Limited at The For ftmto drnib ptew! «wm IBC Technical
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      1377 31 ■BIMWI TWO SAILINGS TO U.SA MARGRETHE MAERSK V.9204 ETA SIN 17/3/92 ARTHUR MAERSK V.9206 ETA SIN 16/3/92 Veaael Voy ETA I ETC Feeder by 1 DESTINATIONS WorW Lynx/ Johanna to Thtt week Margrethe Maerak 9204 CY 17/3 0000 HRS Port MM MBi MM MM MM MH MM MM CFS -16/3
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      1475 32 ROAM/ VQY NO S PORE JEDOAH S HAMTON H'BURQ ANT LE HARVE ■LA SEINE 23/110 12/3 21/3 4/4 31/3 30/3 Hd*XQI tiOECHST EXPRESS 02/310 15/3 1/4 3/4 6/4 7/4 KAGA 23/111 19/3 28/3 11/4 7/4 6/4 HANNOVER EXPRESS 87/311 22/3 8/4 10/4 13/4 14/4 KURAMA 15/112 26/3 4/4 18/4 14/4
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      733 32 BEASPAC SERVICE COWTAIWm ft MIAMUU tWFCT SOUTH PACIFIC SERVICE 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 (13) (16) (22) AISO ACCEFTMG CARGO VIA SUVA TO: LAUTOKA. MOO PAGO. APIA. NUKUALOFA, f VHA FASTfST SERVICE TO CMLE/PERU SIN
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      Page 32 Advertisements Column 3
      1556 32 km REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SM ALG BCI HAM BftE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NOR ASI A SAMANTHA 9202-3 11/03 06/04 08/04 12/04 13/04 14/04 15/04 16/04 17/04 NORASIA SINGA 9203-3 22/03 13/04 15/04 IS/04 20/03 22/04 22/04 23/04
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      1953 33 O STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa#: *****17 ACCEPTS out SAILS SPORE B'KOK STRAITS MOW VO3( tkm U m 12 M* In Pt 13 M*r ESTEBKIKGGf ¥02* IHJ MM 21 22 MM ST*AITS VENTURE Vo6f uTI« 12 5 Z *.175
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      Page 33 Advertisements Column 2
      2342 33 t SINGAPORE AGENT: DfijA PAYltairlAfC P»0 Containers (Singapore Agencies) Pte Ltd X iXv/ ViUlliCllllVl 9 15 Hoe Chiang Road #08-02 to 06 Sanford Building, Singapore 0208 Tel 225 2233 Tele* RS ***** PNOCSP Fax: 225 7517* C« Number **********0Z EXPORT IMPORT VEOOCL VOT *«<« MN ALO UV ANT HOT HAM
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      547 34 MlHii CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/VOY S POK RDM*. AOAM HBURG BRtMEN ANTWERP 3AIWUAYA. 34W8 15/4 W/5 23/5 27/5 30/5 XUTM/25W8 2/5 5,6 10/6 14/6 17/6 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject to Inducement. Alao accepting cargo to Caaablanca, Port Saki, Port Alexandria,
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      Page 34 Advertisements Column 2
      1336 34 (g) HANJIN SHIPPING] FDR VSL SM L*C HAUL LAB OAK FOR WL SM |UK HAUL SAV IK NTC HANJIN VANCOUVER 008E 14/3 OKCT 5/4 8/4 HAIUN KUNSAN 8721 16/3 M PROPITIOUS 0301 23/4 24/4 2S/4 HANJW SEATTLE 022E 22/3 OMECT 15/4 FISHGUARD BAT 204N 23/3 N SAVANNAH 0311 30/4 1/5
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      Page 34 Advertisements Column 3
      1325 34 d Trl -1 d m SV «C WC UC W W! Oil K1 au TTO 111 CHS Ml NYC LMV UM IW TW HK P® CM PH. W I C Stunt 043 11/3 hft If/3 11/3 20/3 23/3 24/3 »/3 27/3 21/3 29/3 11/4 22/4 24/4 25.4 5/5 t/5 7/5
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      2022 35 j NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: 123Q*****00E) BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 am UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 WPf&m AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 NEPLINE SDN BHD
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      Page 35 Advertisements Column 2
      881 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****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 EASTBOUND—OCCHARqNG WESIBOtfO-IOAOWG TIANSHFffI) VIA ROTTERPAMI www K me tor
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      1510 36 K1 T AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: 1244C*****0M) W W TWT TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/^9 i I > I Pi MALAYSIA: "K" LINEMARHIME (MALAYSIA) SONBHO A ■jf TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 HHBIt KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUT
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      Page 36 Advertisements Column 2
      1213 36 PHILI-ORKNT LIN€S PTC LTD 4"% 108 Robinson Road *07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76 *****38 QflO BY AIR, LAND OR SEA.... /4£k Jfflv WE TAKE ON THE WORLD FOR YOU yjjjp MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION {AUSTRALIA*** ZEALAMD/SOUTH PACIFIC FCULCL SERVICE 15
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      1091 37 »»W|f PACIFIC INTERNATIONAL LINES (PTE) LTD g UUMM 140 Cec street #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO 10Q*****00QE ktfgARTA 1 [BASS<QK > 1 VUML VOY SIN J«T «N a/1 XOTA RAKVAT 111 15/3 17/S 22/3 *°I* BUNQA TERATAI 113 17/3 18/3 34/3 KOZWnyy 18N »/> EDEN mm
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      Page 37 Advertisements Column 2
      1205 37 Eacßen9 f CLASS CONTAINER TRANSPORT FEEDER VESSEL PENANG P KELANG OCEAN VSL/VOY SIN SOU RTM (2) HAM (3) GOT (4) ANSON/TBN 13/3 14/3 AROSIA 2102 W3 3/4 5/4 6/4 8/4 ANSON/TBN 20/3 21/3 NIHON 2112 24/3 10/4 12/4 13/4 15/4 ANSON/TBN 27/3 28/3 BENARTY 2122 17/4 19/4 13/4 15/4 ANSON/TBN
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      Page 37 Advertisements Column 3
      501 37 H MYANMA B FIVE STAR LINE (Myanmar National Line) Loadini for Yan|on (Rangoon) Sport P.KIC Pen P.Gd| MYOMA rw A VI4OW In Pi SM VIMN 14/11 Ibr M Pt SM HPA-AN VI74N 12/14 Mjr PACAN VI9OW 11/21 Mar SEH-CONTAINER SERVICE Vi HEAVY LfT CAPABLITY I EXPRESS TO PAPUA NEW SUWEA
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      653 38 VAmkmrnni tti STMITSnAMNMTMIT^ER^^ SPECIALIST IN RO-RO HEAVY LIFTS I INBOUND VESSfIS I !T S I U*UIIM' C 11 hPt U/3 I I I 1 M h U/3 I IP**" 3/ 14/3 U/3 I mm mm 23 14/3 I cmm CMuiasß is un I 12 ls/3 M/J I muu Km HI
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      Page 38 Advertisements Column 2
      84 38 CONVENTIONAL SERVICES/ I S pore P.Kelang Loading for I ■DS PIONEER Sd 12/3 Rdm/Atw/UK/Nantes I FURM 15/3 11/3 Rdm/Atw/UK/Nantes I I Spore Loading for I I PUMA 20/3 Aden/Hodeidah/ieddah I I LISE 15/3 Hodeidah/ieddah/Aqaba/Port Said I GEMM 17/3 Dubai/Oammam/Bahrain/Kuwait I tS'pore Loading for PAN MARINER Los Angeles/New Orleans/ I Charleston/Norfolk/Camden
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      Page 38 Advertisements Column 3
      110 38 mxssxf} Bod Australia <& New Zealand Weekly LCL Consolidation /few CARGOFLO. Singapore-Australia v V Fremantle Adelaide Melbourne ~L Sydney Brisbane Singapore-New Zealand v I > Auckland Wellington Lyttleton 1 1 New Plymouth Napier Chri«trh»i«»h J A w </ mmm Fax: 2272Q83 -T ***** EUROPE/S.E.A. BREAKBULK SERVICE ■"™«a phsl m 1115/2
      110 words
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      1265 39 NEXT SAUNGB TO MCK MEXT BARJNGS TO HCMC /gg TO BANGKOK/VIETNAM DIRECT Bg=j| igulf FEEDER VESSEL PKG PEN OCEAN VESSEL S* LEH RTM(I) HAM(2) MV Fl* SOU GOT VESSEL Jkt Plf fm W Sh S'bjyi Auckland Rp(A) Timani LyttolU«(D Oww*(B) ftaptar «Magtw(C) Tatraagi e N Rosar»/2106S 19/3 18/3 18/3 20/3
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      785 40 TO AUSTRALIA/NEW ZEALAND [ST [ih |Fr«p [KM |»f4 Iteck Twi |P CHM.N aim mug TiT M/i 7775 i/i 4/4 w* Tf/i wuski m ii/«' 10/4 23/« 7775 57s 575 C KMH 2M 23/4 ~1/j 4/J 10/S 14/S 10/j MMm no T775 i?/s 22/5 2775 2/* i/i TO USA/CANADA *5 [tti
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      Page 40 Advertisements Column 2
      1022 40 EXPORTS TO HONGKONG, TMMAN, MANIA I JAPAN TWCf WEEKLY" MALACCA STRAITS SERVICE [OUT3OUND YOT PRL FEN «T SW 133 HR6 RAO K£E TYO TOR W NCO APR VESSEL VOY |S3I |Fta PEN BLW SM 1 MI UY 218 **9 3 **11 3 10 3 13 3 17 3 19 3
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      Page 40 Advertisements Column 3
      1711 40 w, t a is *j 1 'S? CHINA OCEAN SHIPPING COMPANY I PULL container linkr service I MALATtMt AfiENTJ: SINGAPORE'S GENERAL AGENTS DIITMI I CHUNG CHIAO S»N WC COSTAR SHWMNG PTE LTD 1^?/uaritme I TEL: 22(1900/2261(33 *17U I f. RLAM ID. JHHH/I IU :HA 3J5®3 Tnri-K XIM/1 CfltW *T IE:
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      656 41 ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES GUARANTEED 3 TIMES SAILING WEEKLY LCL SERVICES FROM KOBE OSAKA TO SINGAPORE I VESSEL NAME |VOY WO |EX KOBE |EX OSAKA I ETA SIN ACX LOTUS 23A 13/03 16/03 24/03 ALIGATOR COLUMBUS *****
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      Page 41 Advertisements Column 2
      810 41 sr»iMntLaTßsiSn6Eiic!sTrrTnTn TEL: *****33 (12 Unm) FAX: *****15/22*3303 fH JELEX: R8 ***** RIBHIP (3 UOM) I 0 ETHIOPIAN SNIPPING LINES j- J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VSSEL [VOY ABYOT 2«WB IS/04 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET 26W8 IVOS OARESSALAAM MOMBASA. DJIBOUTI ASSAB. MASSAWA PI MEN HUNG
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      Page 41 Advertisements Column 3
      492 41 JAKARTA BANGKOK mm m m an mmm Kill* BHM 24$ taft 14/03 MBHH WM» WW Frl 13/03 *m 16/03 "HUM 134S 14/03 17/03 MM BHUM## UW Frt 13/03 Ml U/03 BPIM BHUM 25S 11/03 21 03 HAWTA BHUM »M Sun 15/03 U/03 MA BHUM 13SS 21/03 ?4 03 SW BHUM*
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      Page 41 Advertisements Column 4
      319 41 Baagail TMP-Llft VBL VOV SINGAPORE MADRAS SINGAPORE VESSEL VOY SM MM SM TIGER STAR lON 13-14/03 21 23/03 29-30/03 TWER BftDGE 195H 17-11/03 23-25/03 30-31/03 TI6ER SPEED 199H 23-24/03 29-31/03 05-09/04 VSL VOY SMGAPORE/CALCOTTA/SMGAPORE VESSEL VOV SM CAL SM TIGER RIVER 146CN8 14-15/03 20-21/03 27-29/03 EAGLE BREEZE 090 19-20/03 26-30/03
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      1549 42 S'PORE IMPORT: *****11 I PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 ■MTU PEN PK S N PtN PK SW Colombo 13/3 14/3 15/3 15/3 16/3 ir« Ldn/Fli/Rdm/Ant Durban/Pt Louis 14/3 15/3 16/3 15/3
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      Page 42 Advertisements Column 2
      272 42 ftafc BLUE STAR LINE TO FROM HJ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS a* wi mi in sm MANOAMA 0516 n 24/3 VIA m 26/3 |J/4 nam* its h/3 7/4 vu in 9/4 lU«A 27S «/4 29/4 VU in 22/4 |/5 FULLY CONTAINERISED SAILINGS
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      Page 42 Advertisements Column 3
      1186 42 y&Z THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #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 WEBT MALAYSIA VESSEL vor ETA |ttT VESSEL jg SrttE f. lEUWC KIM SOON LI
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      294 45 TIDES AND WEATHER TODAY'S TOES (height in metres) HOIK NM 01N 0200 UN MM 0500 KM 0700 MM 09N1M UN *****3t014M ISM 1(0017M UN INO 20M 21N 22N 23N JR 1.6 2.1 2.6 2.8 28 2.6 2.2 1.7 1.2 10 04 0.8 09 1.1 1.4 1.7 1.9 1.9 1.8 16
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      1136 46 Every Saturday in Business Times 4HYUNDOT MERCHANT MMINE TO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST Fgpq dot wit rep sm ihe hau. wt km lbh oak g< un mm. pot mo rca/sai rn NAN HM 206 NOW 11/03 12/03 13/03 H. CHAUENGEI 49C 20/03 OC/04 09/04 12/04
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      Page 46 Advertisements Column 2
      631 46 Ik! if k i 1 n l I hB »ll»1 j ll^Vm Fighting to fly further, Pg 2 I 1 T I EAST MEDITERRANEAN ALEXANDRIA BEIRUT HAIFA LARNACA UMASSOL MERSIN NICOSIA PAPHOS PARAUMNI PIRAEUS PORT SAID Please cal *****55 IHHII OUR USA SERVICE CALLS |£y p m I"— p5 |UI
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