The Business Times, 13 March 1992

Microfilm: NL17812
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times MITA (P) 35/12/91 Friday, March 13, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*
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  • NEWS SUMMARY
    • Article
      Opposition agrees to pass Japan's budget today
      54 1 TOKYO Opposition parties yesterday agreed to allow Japan's 72.2 trillion yen (***** billion) state budget to pass through parliament. The opposition pledged to end a boycott of parliamentary hearings and allow passage of the budget tor the year beginning April 1. It is
      54 words
    • Article
      US retail sales surged in February
      61 1 WASHINGTON US retail sales rose strongly in February for a second consecutive month, the Commerce Department said yesterday, as demand for goods ranging from new cars to building materials strengthened. Last month's 1.3 per cent increase to a seasonally adjusted U*****.7 billion (*****.8 billion)
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    • Article
      Business as usual
      37 1 IN SPITE OF a drop in the number of Russian visitors to Singapore since the start of this year, government and business officials in Moscow are still expecting continued business with Singapore. Page 2
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    • Article
      Development plans
      32 1 THE Singapore Institute of Architects has unveiled proposed Development Guide Plans to transform Changi Point/Pasir Ris into a major recreation district and Jurong East Centre into a mini-city Page 3
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    • Article
      M$1b sales club
      20 1 TWENTY industries in the Malaysian manufacturing sector made it to the MSI billion sales club Page 8
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    • Article
      Not that productive
      46 1 JAPAN'S Labour Ministry has published an international comparison of labour productivity confirming what most labour officials have known for a long time: that Japanese productivity per worker falls far below that of workers in the US, the UK. Germany and France Page 9
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    • Article
      Three for premiership
      24 1 JOHN MAJOR. Paddy Ashdown and Neil Kinnock the three candidates for the British premiership are alike but yet different Page 12
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    • Article
      Freight rates to go up
      33 1 FREIGHT RATES for a number of refrigerated products will be raised from next month, said member lines of the Transpacific Westbound Rate Agreement (TWRA). Shipping Times Page I
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  • MARKETS SUMMARY
    • Article
      Dow higher
      26 1 WALL STREET stocks were up shortly after the opening bell yesterday, with the Dow Jones index of leading industrials gaining 1.57 points to 3,210.20.
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    • Article
      Footsie lower
      34 1 LONDON shares were sharply lower at midday yesterday on continued worries over the outcome of national elections on April 9. At noon, the FTSE 100 index was down 23.4 points at 2.499.0.
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    • Article
      Keppel's right move
      30 1 KEPPEL's latest fund-raising move can only do good for the group as it strives to build up its core business here and in the region Page 4
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    • Article
      Inno-Pac shares sold
      25 1 INNOVEST BHD has sold a 23.5 per cent stake in InnoPacific Holdings Ltd, reducing its holding to 27.5 per cent. Page 4
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    • Article
      HL Finance profit down
      27 1 GROUP net earnings at Hong Leong Finance were down 5.6 per cent to $31.15 million in 1991 from $36.77 million previously Page 4
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    • Article
      Thai firms seek funds
      25 1 THAI OIL Company and Siam City Cement are tapping the offshore capital markets for a total of US$29O million. Page 7
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    • Article, Illustration
      STOCK INDICES
      29 1 1 hursda> Change BT-MGA 704.04 +4.23 Kuala Lumpur ....592.42 +4.06 Tokyo 20.561.88 -30.26 Hongkong 5.042.81 +36.85 Svdnev 1.591.4 Wednesday Change New York 3.208.63 -22.36 London 2.522.42 -52.4
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    • Article
      CURRENCIES
      24 1 Exchange rates USS SS 1.6795 100 Yen SS 1.2524 MS SS 0.6549 Money market rates Overnight 2 3/4 +1/8 3-month 3 5/16% unch
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    • Article
      COMMODITIES
      37 1 London Gold AM fix USS348.65 -USS0.35 Rubber S"pore Apr l37.25'/kg +0.75 Vl'sia Apr 210.50'/kg +0.50 KL Tin Turnover 33 tonnes +23 Spot MS 14.09/kg -0.04 Crude palm oil Turnover 1.972 lots +582 Mar MS951 /tonne 5
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  • Article
    DBS Bank takes 10pc stake in HK's Wing Lung
    620 1  -  HKs3Bom purchase a strategic investment in territory From Catherine Ong in HONGKONG THE Singapore governmentowned DBS Bank is paving HK5380.7 million (5582.5 million) for a 10 per cent stake in Hongkong's Wing Lung Bank, climaxing a twoyear search for strategic investments
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  • Article
    Lock icon Deng triumphs as party politburo endorses economic reforms
    488 1 Reuter BEIJING Chinas Communist Party has staked its future on economic reform in a triumph for 87-year-old leader Deng Xiaoping over hardliners devoted to Marxist ideology. In a two-day meeting this week the party's Politburo vowed to keep policies of reform unchanged
    Reuter  -  488 words
  • Article
    Lock icon Hang Seng hits another record high after shrugging off profit-taking
    179 1 Reuter HONGKONG Hong Kong stocks slipped in early trading yesterday as investors took profits after the Hang Seng Index breached the 5,000 point level, but the market soon recovered on followthrough buying from the latest rally. The Hang Seng Index
    Reuter  -  179 words
  • Article
    Lock icon US trade moves, practices endanger world system: Gatt
    295 1 AFP GENEVA Gatt. the world trade watchdog, says United States moves towards regional free-trade zones and other practices endanger the world trading system. A report prepared by the secretariat of the General Agreement on Tariffs and Trade (Gatt) for a meeting on
    AFP  -  295 words
  • Article
    Over-the-counter Thai stock market could take off within 3 months
    527 1  -  From Ben Davies in BANGKOK A NEW official equity market is set for takeoff in Thailand. As yet it has no name, no players, no regulations, but brokers say that a new over-the-counter (OTC) equities market could be up and
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      131 1 rB r I Software Shop fl IoUB Centre #01-07 I 1 Tel: 538 4188 |l Aircraft Schedule 29 KLSE 21 Unit Trusts 20 Commodities 28 Money Changer Rates 29 Weather 29 Company News 4,6 Money Market 27 For market indices, editorial. Cryptic Crossword 29 Regional News 8 advertising and circulation
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      Page 1 Advertisements Column 2
      40 1 DBS should aim for control of Wing Lung, Pg 2 Foreign consumer firms make headway in Chinese market, Pg 9 I^H 1 ■1 Revolving Restaurant j 91 stti®»i# H riPjll 201 Keppel Road. Singapore 0409 |CT '^RJ lI I I
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      Page 1 Advertisements Column 3
      39 1 Chesterton international^^^^^^^M International Property Consultants 6 Battery Road #14-02/03 Singapore 0104 Tel: *****22 Yesterday in Parliament Reports in Page 2: Plan for green city to be unveiled next year HDB shop sales to cost govt up to $630 m
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      Page 1 Advertisements Column 4
      23 1 Clove plan turns sour MARKET FORCES reign supreme, as Indonesia's monopoly clove marketing board (BPPC) has learned at great cost. Analysis, Page 11
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  • PAGE 2 NEWS
    • Article
      Plan for green city to be unveiled next year
      362 2 Yesterday in Parliament SINGAPORE The Environment Ministry's Green Plan to transform Singapore into a model city by the end of the decade could cost roughly $3 billion in infrastructural works, Environment Minister Dr Ahmad Mattar said yesterday in Parliament. The total
      362 words
    • Article
      PARLIAMENT BRIEFS
      311 2 DRIVERS will have another incentive to keep their driving records clean. Those who can maintain it for three straight years are to get an extra insurance premium rebate, on top of the no-claim bonus drivers now enjoy, said Home Affairs Minister Professor S Jayakumar. The traffic police and
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    • Article
      New patent system will give access to international records
      240 2 SINGAPORE Singapore will get a new patent registration system that will give the Republic access to international records, says Law Minister S Jayakumar. The revised system, to start in 1994, would save patent applicants time and money and would help build
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    • Article
      SAF now leaner but meaner
      142 2 SINGAPORE Measures have already been taken to keep the army ready for war, even though the number of national servicemen has fallen from year to year, according to Defence Minister Dr Yeo Ning Hong. The army infantry, armour, artillery, and engineers has been tightened under
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    • Article
      More bite against byte abuse
      117 2 SINGAPORE The police will be able to make an arrest without a warrant for computer crimes if a Bill on computer abuse becomes law. Home Affairs Minister Professor S Jayakumar, who is also the Law Minister, said the Computer Misuse Bill would be introduced in
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    • Article
      HDB shop sales to cost govt up to $630m
      511 2  -  Aid to upgrade retail sector will benefit economy Reports by Chuang Peck Ming,Genevieve Cua SINGAPORE The Government's plan to sell rented HDB shops could mean a revenue loss of up to $630 million because of the cash grants and discounts given
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    • Article, Illustration
      Singapore firms in partnerships with Mexican concerns
      294 2  -  By Schutz Lee SINGAPORE A year after Senior Minister Lee Kuan Yew's visit to Mexico, during which he endorsed the country's economic reforms, strategic partnerships in different sectors are already being developed between Mexico and Singapore. Visiting Mexican Deputy Minister for Trade and
      294 words
    • Article
      DBS should aim for control of Wing Lung
      485 2  -  10pc stake too low to influence bank's policies From Catherine Ong in HONGKONG IN LINE with its policy of expanding and establishing strategic alliances in the region, DBS Bank began scouring Hongkong for a direct stake in a local financial institution in
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    • Article, Illustration
      Russian parliamentarians in S'pore to discuss cooperation
      485 2  -  Space research, housing among areas suggested By Harish Mehta SINGAPORE The Russians want to participate as builders in the extension of Singapore's Mass Rapid Transit network. They have offered to take a Singaporean on a trip to outer space. And they may adopt
      485 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      32 2 Seafood Steamboat Buffet at Chao Phaya Holland Village s^ a ®Chao Phaya Thai Seafood Restaurant 211 Holland Ave #04-01, WW Holland Road Shopping Centre CfcflD pibflVfl Singapore 1027. Tel: 466 8068/466 9566
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      Page 2 Advertisements Column 2
      64 2 COMiRSATIONS I RAFFLES A/fIK *36* WmJF 1 f JIISH 10 mbmSm "I think it is time for Singaporeans and for Malaysians not to be so sensitive." Dr Noordin Sopiee, Malaysia's chief journalist turned think-tank chief, speaks candidly on Singapore's 100 per cent society, his country's own aspirations, and Singapore-Malaysian relations.
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  • SINGAPORE NEWS
    • Article, Illustration
      Planning enters exciting, vibrant stage
      459 3  -  Exhibition of Development Guide Plans Reports by Colin Tan THE Singapore Institute of Architects (SIA) has come up with two proposed Development Guide Plans (DGPs) to turn Changi Point and Pasir Ris into a key recreation area and Jurong East Centre into a vibrant minicity
      459 words
    • Article
      Reinforcing image of tropical isle
      324 3 Changi Point A WIDER and more affordable range of holiday accommodation in the future is one of the main objectives of the proposed Development Guide Plan (DGP) for Changi Point and Pasir Ris. These two areas, which come under the Changi Point DGP, will provide
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    • Article, Illustration
      Underground road network suggested
      434 3 Jurong East Centre THE creation of a traffic-free environment within the Jurong East regional centre is one of the key elements of the proposed Development Guide Plan (DGP) for Jurong East Centre. Tan Cheng Siong, the leader of the Singapore Institute of Architects (SIA) team for
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    • Article
      Hong Leong company to make IBM clones for Europe
      338 3  -  By Claire Leow PERSONAL computers made by a company in the Hong Leong stable will soon be marketed by IBM in Europe and possibly the United States, according to a New York Times report yesterday. The PCs will be made by
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    • Article
      Hotel industry turnover down despite return of tourists
      525 3  -  By Sangeeta Mulchand HOTEL industry turnover fell 1.8 per cent in 1991, despite a mid-year recovery in tourist arrivals and the return of local spenders to their restaurants and pubs. Revenue from room lettings and food and beverage sales totalled 51.6 billion,
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      221 3 Be An Award-Winning Notebook User! Bplsr I at a starting price of just 553,450! ■L You too could own the Notebook of the Year NOW. To celebrate the winning of PC LapTop Magazine's "Notebook of Year" Award, AST is offering truly special notebook packages for its users, with an attractive
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Boustead posts higher interim profits
        91 4 KUALA LUMPUR Boustead Holdings Bhd has reported a pre-tax profit of M 527.13 million (S$ 17.7 million) for the half year ended Dec 31, 1991, from M$ 17.90 million previously. Its turnover also increased to M$ 181.59 million from MS 177.96 million. Boustead said operating
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      • Article
        Leisure Management profits
        65 4 KUALA LUMPUR Leisure Management Bhd yesterday announced a group pre-tax profit of M 523.53 million for the year ending Dec 31, 1991, against a turnover of M 5741.40 million. Releasing its audited results here, it said that at company level, it achieved a pre-tax profit of M$
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      • Article
        SIA unit's board member quits
        40 4 SINGAPORE Singapore Airlines announced that Kozo Nakamura has resigned from the board of its subsidiary company, Singapore Jamco Pte Ltd. His resignation took effect on Feb 28. He will be replaced by Mr Takemitsu Kurosaka.
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      • Article
        SES seeks Pacific Can details
        32 4 SINGAPORE The Stock Exchange of Singapore has requested Pacific Can Investment Holdings Ltd to furnish details on boardroom manoeuvrings disclosed in a BT article on March 12.
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      • Article
        Gold Coin clarifies share sale
        53 4 SINGAPORE Gold Coin Ltd has written to shareholders to clarify that on Feb 27, Ong Company Pte Ltd acquired 7.62 million shares and sold 3.81 million shares of the company's shares. A letter to shareholders on March 4 erroneously stated that Ong &Co had acquired
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      • Article
        New name for Larut Tin Fields
        64 4 KUALA LUMPUR Larut Tin Fields Bhd, which is now restructuring its finances, will be renamed Larut Consolidated Bhd to better reflect its activities. The financial restructuring has received the requisite approvals except that of the shareholders and the Kuala Lumpur Stock Exchange for the
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    • Article
      Innovest sells 23pc stake in Inno-Pac for $11 million
      331 4  -  By William Chia SINGAPORE Malaysianlisted Innovest Bhd has sold a 23.5 per cent stake, comprising 13.77 million shares, in Inno-Pacific Holdings Ltd in a move that could see control change hands. The sale of the Inno-Pac shares yesterday through its wholly-owned
      331 words
    • Article, Illustration
      Tradewinds to transfer tour business to unit after adopting new name
      278 4 SINGAPORE Tradewinds will transfer its tour and travel operations to a newlyformed wholly-owned subsidiary once it adopts the new name of Silk Air next month. This will enable the Republic's second airline to retain the Tradewinds name for its
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    • Article
      Magnum earnings jump 129pc
      291 4 KUALA LUMPUR Malaysian gaming giant Magnum Corporation yesterday announced a set of sparkling results, with earnings jumping 129 per cent to Msl2l million (5579.2 million) for the year to Dec 31, 1991. The newly-listed company achieved this on the back of a 15.7 per cent increase
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    • Article
      Hong Leong Finance earnings fall 5.6pc
      400 4  -  By Chew Eng Han SINGAPORE Hong Leong Finance has reported a 5.6 per cent drop in group net earnings to $31.15 million in 1991, against $36.77 million the previous year. Although total operating income rose one per cent to $223.52 million, pre-tax profit fell
      400 words
    • Article
      JC-MPH buys warehouse-showroom for $17m
      260 4 SINGAPORE Jack ChiaMPH Ltd is buying a fourstorey warehouse-cum-show-room for $17 million to house its books and publishing division under one roof. JC-MPH said yesterday that it has exercised an option to purchase the newly constructed building from Kowa Engineering on a willing buyer, willing
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    • Article, Illustration
      Shareholders' fears over Keppel issue misplaced
      695 4  -  THE HOCK LOCK SIEW COLUMN By Amy Balan SINGAPORE The financial wizards in Keppel Corporation have done it again. On Wednesday, the company proposed a double-barrelled issue of convertible loan stocks (CULS) and warrants that would collectively raise $206 million immediately and another $620
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    • COMPANY BRIEFS
      • Article
        Coles Myer's interim profit flat, CEO to retire
        96 6 MELBOURNE Australia's biggest retailer, Coles Myer Ltd, said yesterday that its profit for the six months to Jan 26 was flat, but sales were picking up. Coles Myer chairman Solomon Lew also announced that chief executive Brian Quinn, 55, would retire on
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      • Article
        Toyota plans new Thai plant
        92 6 TOKYO Toyota Motor Corp has bought a site near Samut Prakan, in southern Thailand, for about five billion yen (5562.5 million) to build a car assembly plant, a Toyota spokesman said yesterday. The new facilities will assemble cars for Thailand and the neighbouring countries. Toyota
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      • Article
        Power firm to issue peso bond
        74 6 MANILA The state-owned National Power Corp will issue a three-billion peso (S$ 194.4 million), three-year bond to boost its capital and fund its operations this year, the central bank securities department said yesterday. The bond, which will be issued after President Corazon Aquino's approval,
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      • Article
        Gillette to get order to sell stake
        94 6 LONDON The United Kingdom Department of Trade and Industry said on Wednesday that it would proceed with an order to force the Gillette Co to sell its interests in Eemland NV, formerly Swedish Match NV. "Despite negotiations with Gillette, the Office of Fair
        94 words
      • Article
        Poultry clips Hillsdown profit
        76 6 LONDON Diversified food group Hiilsdown Holdings pic, reporting a slight fall in calendar 1991 profits, said its main problem came from its United Kingdom poultry operation, which was hit by a disrupted domestic market and higher imports. Its other food businesses met or exceeded its expectations,
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      • Article
        Schmalbach-Lubeca profits up
        54 6 BRAUNSCHWEIG, Germany Schmalbach-Lubeca AG, packaging unit of VIAG AG, said the group's restructuring and the acquisition of Continental White Cap Inc were behind a sharp increase in 1991 group net profit. Schmal-bach-Lubeca saw a 139 per cent jump in group net profit to 150 million marks (S$
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    • Article
      Lock icon Merger of Kyodo, Nippon Mining will create oil giant
      585 6 AFP TOKYO Japan's Nippon Mining Co Ltd said on Wednesday that it had agreed to acquire the 53 per cent of Kyodo Oil Co Ltd it does not already own. The deal is worth 80 billion yen (S$ 1 billion) at
      AFP  -  585 words
    • Article
      Lock icon Hang Lung Dev interim profits rise 15pc
      307 6 Agencies HONGKONG Hang Lung Development Co announced on Wednesday a 15 per cent net profit rise to HKS63B million (SSI3B million) for the six months to Dec 31. The board of directors of the diversified group declared an interim dividend of 19 HK
      Agencies  -  307 words
    • Article, Illustration
      Lock icon BTR says its £917 m pre-tax profit shows group's resilience in slump
      431 6 Reuter LONDON United King-dom-based conglomerate BTR pic said its 1991 profit showed the group's resilience in recession and added that even a modest recovery would bring major immediate gains. Earlier, the group announced a pre-tax profit of £917
      Reuter  -  431 words
    • Article
      Lock icon Bayer reports better results than rivals, promises to hold dividend at 1990 level
      433 6 FT FRANKFURT Bayer, the third of the big three German chemicals companies to report 1991 results, on Wednesday announced better figures than either Basf or Hoechst. And, unlike the other two companies, it said it would be
      FT  -  433 words
    • Article
      Lock icon Aussie group in bid to keep Asian airlines out of Qantas
      575 6 AFP SYDNEY An Australian consortium has asked airlines in Europe and the United States to join a As6so million (SsB2s million) bid to beat Asian airlines to a 49 per cent share of the national airline Qantas. The consortium,
      AFP  -  575 words
    • Article
      Inco to distribute final cash dividend of US$0.l5
      324 6 JAKARTA Shareholders of PT International Nickel Indonesia (Inco) have agreed to the distribution of a final cash dividend of 15 US cents a share, the Jakarta Post said in a recent report. The final dividend will bring the Canadian-Japanese-Indonesian joint venture's total
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      Page 4 Advertisements Column 1
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      305 words
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      507 5 If you knew of a stock that was sure to rise 20% in just two weeks you a buy it. $32,500 $39,000 THE PRICE TODAY THE PRICE OF PROCRASTINATION Of course you would. It is also the most comprehensively equipped. So now think ahout an investment in Austin Hills. Tke
      507 words
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      227 6 UA&& t&e €14, y&ctn defaettcMUc wnfecuttott! German Design Quality lßk £jBH M.;* M I old tripod is worth r-—^TU/fy $30 J wM > (Subjected to purchase o« HAM A Brand Tnpcd) N SUPER GRAND SALESX HAMA CENTRE £iTTr 261, Waterloo Street #03-28 Waterloo Centre M Ta,: *****29 (3 Lin€,) H
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  • FINANCIAL NEWS
    • Article
      Lock icon Seoul, Tokyo allow four of each other's brokers to set up
      485 7 S Korea eases rules on forex deals of foreign firms Agencies SEOUL South Korea and Japan yesterday authorised four of each other's securities firms to open local offices, the Finance Ministry announced here. The four Japanese firms allowed to
      Agencies  -  485 words
    • Article
      Vietnam urged to overhaul system to keep inflation below 40pc
      205 7 BANGKOK A top Vietnamese official has urged an overhaul of the country's banking system to hold inflation below 40 per cent this year, the official news agency reported yesterday. Vice-Premier Phan Van Khai criticised the central bank for arrogance and
      205 words
    • Article
      Indonesia's Nusumma plans 9 more banks
      257 7 JAKARTA The Summa financial business group is intensifying its cooperation with Indonesia's largest Muslim organisation, Nahdhatul Ulama (NU), to establish nine more secondary banks to serve low-income people in rural areas, the Jakarta Post reported earlier this week. Edward Soeryadjaya, chairman of the Summa
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    • Article, Illustration
      Lock icon Japanese securities industry mired in spate of disputes
      616 7 FT TOKYO When Masahiro Dozen was appointed president of Daiwa Securities at the peak of the bull market in Japanese equities, he jokingly talked of promoting a selection of stocks as "Dozen's dozen". On Wednesday, he was in a different mood when
      FT  -  616 words
    • Article
      Two Thai companies seek US$290m offshore credit
      416 7  -  By Kooi Cho Teng SINGAPORE Two large Thai borrowers are tapping the offshore capital markets for a total of US$29O million (SS4B7 million) and the loan syndications are expected to receive favourable response. The borrowers are Thai Oil Company, which is seeking US$23O
      416 words
    • Article
      Lock icon Insurance broker Willis Corroon turns in higher profits of £96m
      365 7 Reuter LONDON Insurance brokers Willis Corroon Group pic, born of a merger of Britain's Willis Faber and US group Corroon Black, on Wednesday announced higher pre-tax profits of £96.1 million (***** million) for last year. Results for the group's first
      Reuter  -  365 words
    • Article
      Lock icon Tokyu settles suit with Daiwa over securities
      210 7 Reuter TOKYO Tokyu Department Store Co Ltd said it has settled a civil suit with Daiwa Securities Co Ltd, agreeing to assume 11 billion yen (551.32 billion) in securities trading losses. Daiwa confirmed the settlement yesterday. Tokyu Department's president Mamoru Miura said Daiwa
      Reuter  -  210 words
    • SMALL CHANGE
      • Article
        Indonesia's Bank Duta expects flat earnings
        97 7 JAKARTA Indonesia's Bank Duta expects net profits in calendar 1992 to be almost similar to last year's 36.68 billion rupiah (5529.3 million), a company official said. He said Bank Duta, which in 1990 lost US$4l9 million in foreign exchange trading, will use 1991 profits
        97 words
      • Article
        US broker under SEC probe
        71 7 NEW YORK US broker Cantor Fitzgerald Securities Coip is the latest firm to feel the ripples from the government's investigation into the Treasury securities market. The Securities and Exchange Commission is probing the inter-dealer broker for possible violations of Treasury auction rules. "Our conduct was
        71 words
      • Article
        Manila bank's income up 14pc
        68 7 MANILA The Bank of the Philippine Islands (BPI), the country's largest private bank, posted a net income of 952 million pesos in 1991, up 14 per cent from 1990, spokesmen said yesterday. BPI had net resources of 62.99 billion pesos in 1991, up 14.7 per
        68 words
      • Article
        Banks may cut short-term rates
        99 7 TOKYO Japanese city banks are considering cutting their short-term prime rates by at least 0.25 percentage points to 5.625 per cent, bank officials said. But they are likely to monitor the impact on money market rates of an anticipated 0.5 percentage cut in the discount
        99 words
      • Article
        California clears banks' merger
        46 7 SACRAMENTO The office of the attorney general of the state of California said it cleared the proposed merger between Bank America Corp and Security Pacific Corp after the former agreed to divest 52 California branches with more than US$2 billion of deposits.
        46 words
      • Article
        China's banks see more bad debts
        77 7 HONGKONG China is faced with increasing inflationary pressure as banks are unable to cope with bad debts contracted by ailing state enterprises, a semi-official Chinese news agency reported here on Wednesday. A senior official of the People's Bank of China was quoted as saying
        77 words
      • Article
        Chase moves to Winsland House
        32 7 SINGAPORE Chase Manhattan Bank, NA has relocated its Liat Tower branch to Winsland House in Orchard Road. The new branch will be officially inaugurated on March 16.
        32 words
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      Page 7 Advertisements Column 1
      85 7 TAKE ONE DAILY TO GIVE YOUR HAIR THAT EXTRA BOOST. vesr ur H r mal Tht Yta,s rait ou Oak To give your hair a headstart, take one ON TOP tablet today i 1 terrific look. You know what they say about the early bird. ON TOP the answer to
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  • THE REGION
    • NOTE BOOK
      • Article
        M'sian firms urged to hold trade fairs in China
        113 8 KUALA LUMPUR Malaysian businessmen have been urged to hold specialised trade fairs to promote Malaysian products in the Chinese market, the Ministry of International Trade and Industry's Parliamentary Secretary, Mr SS Subramaniam said yesterday. Noting that Malaysian businessmen have been participating
        113 words
      • Article
        Kidnap victim not CIA agent
        97 8 MANILA The United States has rejected as a lie accusations that an American businessman held for ransom by Philippine kidnappers for 55 days worked for the Central Intelligence Agency (CIA). "He is a businessman and a friend of the Philippines. He deserves his freedom and
        97 words
      • Article
        Call to phase out leaded petrol
        81 8 MANILA A senator has sought to phase out the use of lead in gasoline in the Philippines, saying vehicle fuels in the country have one of the highest contents of the harmful metal in the world, aides said yesterday. Ruling coalition Senator Orlando Mercado
        81 words
      • Article
        KL troops in Cambodia mission
        98 8 KUALA LUMPUR A battalion of Malaysia's elite Rangers force will leave for Cambodia to join UN forces monitoring the country's return to peace, Defence Minister Mohamad Najib Razak said yesterday. He said 47 infantrymen would head for Battambang in north-west Cambodia on March 15 and
        98 words
      • Article
        Myanmar officials in drug talks
        99 8 BANGKOK Myanmar officials made a rare foray from their military-controlled country yesterday amid growing trouble with neighbouring states over Yangon's expulsion of its Muslims. Foreign Minister Ohn Gyaw and Interior Minister Phone Mynt arrived in Bangkok to meet Thai and Laos officials to discuss the
        99 words
    • Article
      Thailand plans to build single largest hydro-power plant
      324 8 BANGKOK The Electricity Generating Authority of Thailand (EGAT) is embarking on a project to build what will be the country's singlelargest hydro-power plant and the first pumped storage power house in South-east Asia, the Bangkok Post reported on Wednesday. The project involves
      324 words
    • Article
      Buoyant economy boosts sales of M'sian industries
      605 8 KUALA LUMPUR Twenty industries in the manufacturing sector made it to the Msl billion (***** million) sales club last year, helped by a buoyant local economy. This was up from 19 billion-ringgit industries in 1990 and 17 in 1989. The Department of Statistics
      605 words
    • Article
      Lock icon Australia to fight inflation first as unemployment climbs
      619 8 Reuter SYDNEY Prime Minister Paul Keating led Australian authorities yesterday in reaffirming their "fight inflation first" strategy despite another rise in unemployment figures and forecasts that dole queues could lengthen. The unemployment rate, seasonally-adjusted, rose to 10.5 per cent in February from
      Reuter  -  619 words
    • Article
      Lock icon Manila cuts tax holiday list to boost income
      293 8 Reuter MANILA The Philippines. hoping to improve tax revenues this year, cut a list of industrial areas given tax holidays under a programme of attracting investors into the country. The Investment Priorities Plan for 1992 lists only 53 projects entitled to fiscal
      Reuter  -  293 words
    • Article
      Lock icon Philippine geothermal power project faces opposition
      349 8 AFP MOUNT APO. Philippines President Corazon Aquino has given the green light to a US$l2O million (*****.6 million) project to tap steam from the country's highest peak to produce electricity. but trouble could be looming ahead. Despite the severe power shortage here in the
      AFP  -  349 words
    • Article
      Lock icon Hanoi sets out to woo foreign investors
      174 8 Reuter HANOI Vietnam is offering lower taxes, faster approval of investment projects and the promise of badly needed infrastructure to attract foreign investment to its capital, Hanoi, the official Vietnam News said yesterday. It said Hanoi was getting too little foreign investment, compared
      Reuter  -  174 words
    • Article
      Lock icon US against use of force over Spratlys by any claimant
      347 8 Reuter MANILA The United States said it would oppose use of force by any party to back claims to the Spratly Islands but there were limits on what it could do if fighting broke out over the South China Sea
      Reuter  -  347 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      119 8 .Singapore Scenes^ "Singapore Scenes", a special career feature on 4 April '92, is an excellent opportunity for companies to extend their recruitment overseas. v This precedes the forthcoming Career Fair to be held in Australia and New Zealand betweeo^Juty,and August! will keep Singaporeans overseas and qualified foreigners informed pf the
      119 words
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      Page 8 Advertisements Column 2
      121 8 r 1 This announcement appears as a matter of record only 5] PT CHAROEN POKPHAND INDONESIA/PT CHAROEN POKPHANO JAYA FARM U5523,000,000 REVOLVING CREDIT FACILITY Arranged by BANK BRUSSELS LAMBERT (SINGAPORE) LTD Tranche A DIRECT LOAN FACILITY The Sanwa Bank Limited The Yasuda Trust and Banking Company Limited Singapore Branch Tranche
      121 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Survey shows Japanese trail in productivity
      471 9 TOKYO In a bid to defuse recent negative comments by Japanese politicians about American work ethics, the Labour Ministry has hurriedly published an international comparison of labour productivity, the Nikkei Weekly has reported. The results confirmed what most labour officials have known for a
      Sources: EPA Labour Ministry; OECD; U.S. Commerce Dept  -  471 words
    • Article
      Japan 4th least productive: study
      219 9 TOKYO Japan is the fourth least productive nation among 12 industrial countries surveyed by the Japan Productivity Centre, the Nikkei Weekly reported. Canada, Belgium and the United States have the highest productivity, the survey shows. Japan is ninth, above South Korea, Sweden and Australia, but
      219 words
    • Article, Illustration
      Lock icon Foreign consumer firms make headway in Chinese market
      618 9 IHT GUANGZHOU After years of false starts and frustrating obstacles, many foreign food and consumer-products companies are beginning to reap substantial rewards from the legendary and elusive China market. Starting from beachheads in booming southern China, many Western companies believe they will
      IHT  -  618 words
    • Article
      Lock icon Confusion greets EC aid team in ex-Soviet Union
      498 9 Reuter BRUSSELS The European Commission is pressing Western governments to prepare for a leap in assistance to the former Soviet Union to shore up tottering reforms. The European Community executive says an international conference in Lisbon next month should give a boost
      Reuter  -  498 words
    • Article
      Lock icon US Senate rejects Republican tax plan
      336 9 Reuter WASHINGTON The US Senate has rejected a modified version of President George Bush's tax plan. The vote was 37-60. The Republican bill was nearly identical to the seven points proposed by Mr Bush which have as their core the reduction of the capital
      Reuter  -  336 words
    • Article, Illustration
      Lock icon Free-market reforms taking root in Latin America
      364 9 Reuter NEW YORK Three Latin American finance officials, widely credited for helping ease their countries out of the 1980's debt crisis, said in a report released on Wednesday that free-market reforms had finally taken root. In separate papers. Mexican Finance Minister Pedro Aspe,
      Reuter  -  364 words
    • WORLD WATCH
      • Article
        Japan plans to raise cartel fines
        103 9 TOKYO Japan's Fair Trade Commission (FTC) will submit a bill to parliament by the end of March to raise the maximum fine for collusive business practices to 100 million yen (S$ 1.25 million) from the current five million, an FTC spokesman said. Earlier this
        103 words
      • Article
        S Korea eases regulations
        76 9 SEOUL Faced with declining foreign investment, the Ministry of Finance said yesterday it would ease regulations requiring government evaluation of potential investors. The ministry said foreign investment up to US$2O million (5533.4 million) will be exempt from the evaluation starting next month. The current ceiling is
        76 words
      • Article
        Canada slams US trade policies
        115 9 GENEVA Canada, angry over recent United States trade measures, slammed its southern neighbour at a meeting of the world trade body General Agreement on Tariffs and Trade (Gatt) on Wednesday for harassing competitors and abusing the trade system. A Canadian statement said remarks by ambassador
        115 words
      • Article
        Venezuela crisis unnerves investors
        86 9 CARACAS Venezuela's political crisis has made nervous foreign investors put some short-term investment plans in the country on hold and has increased capital flight, representatives of financial institutions said. Diplomats in the capital have sent encouraging messages that their nations are optimistic about continued investment opportunities
        86 words
    • Article
      Lock icon Egypt disturbed by threats from Muslim extremists
      315 9 Reuter CAIRO An intensive hunt for the murderer of a police officer and newspaper leaks about an alleged fundamentalist coup plot are showing the Egyptian government's concern about subversion by religious extremists. These latest incidents at home coincide with what diplomats say is
      Reuter  -  315 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      85 9 "Our company is discussing with shop owners from various housing estates in Singapore to take over and upgrade it and organise a chain store business. There are more than 50 housing estates and still expanding all over Singapore. Types of business include Drug stores, Provision, Sundries, Shoes, Department Stores, Food
      85 words
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      Page 9 Advertisements Column 2
      40 9 CARPET AUCTION 100 carpets and rugs from Persia, Pakistan and Afghanistan. All carpets are backed by a full trade-in guarantee at our showroom. Auctioneer Presenter: LEE BOON CHUAY PETER HEDGER 24A Lorong Mambong (Holland Village) Singapore 1027. Tel: 462 0028
      40 words
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  • Article
    Way to move for change
    505 10 EDITORIAL LIKE any good Finance Minister, Richard Hu gave little away when he presented his Budget proposals two weeks ago. He repeated the performance on Tuesday when he wrapped up two days of debate over his Budget statement. Various members had urged a more flexible
    505 words
  • WHAT THE OTHERS SAY
    • Article
      Showdown in East Timor
      280 10 ON THE FACE OF IT, the mission of the Portuguese "peace" ship, Lusitania Expresso, which was turned away from East Timor yesterday, was to lay a wreath in the capital, Dili, to commemorate those who died in the shooting incident there last November. But its actual
      280 words
    • Article
      Isles of conflict
      82 10 SPRATLY has become another focus of conflict in the region. Unless the issue is handled carefully, the impact may hamper the progress of the region. Dialogue seems to be the best avenue to reach a consensus on how the riches of the area can be jointly explored
      82 words
    • Article
      Take it easy, world cop
      145 10 THAT the United States wants to maintain its "dominant superpower" status undoubtedly means it will continue to play the role of "world policeman." It is necessary to remind US policy makers not to forget the experience of the Persian Gulf War. Although the US was
      145 words
  • REGIONAL VIEWPOINTS
    • Article
      A challenge to Changi
      208 10 THE IDEA of Senai as second hub seems to have really caught on. After proposing the Senai-Hong-kong service for take-off next month, Malaysia Airlines managing director Datuk Kamaruddin Ahmad says a second international service is already being considered. If the planned second regional destination turns out
      208 words
    • Article
      Cloves: a burning issue
      199 10 ALMOST all private-sector economists and foreign analysts predicted right from the outset when the formation of the privately-controlled clove monopoly agency was announced on Dec 30, 1990 that it would be doomed to failure. That was, by and large. the reality acknowledged last month by the
      199 words
    • Article
      Finally speaking up
      88 10 IT HAS TAKEN an unusual amount of slaughter and misery, even by Burmese standards, to force one of the members of Asean to break its shameful vow of silence on the Rangoon regime. Yesterday Malaysia summoned the Burmese envoy in Kuala Lumpur to express its concern about
      88 words
  • Article
    Lock icon All the world's a ratio
    1084 10 The boom in international portfolio investment is stimulating new ways of comparing stockmarkets The Economist Daunting in one country, investors' difficulties in valuing companies multiply abroad. In theory, investors buy equity to have a share in companies' earnings. Companies either pass these on directly in
    The Economist  -  1,084 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      151 10 SingaPort 1992 Todate, Singapore's shipping and maritime technology has come off age. f And to mark this maturity, Business Times will be publishing SingaPort '92 Supplement on March 25,1992 to tie in with the official opening of SingaPort'92 wMf International Maritime Conference and Exhibition(on till March 28). The supplement anchors
      151 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      39 10 DOONESBURY by garry trudeau "zsrisssr B T TWIN, SOPPY, WILL AT- E9 CONTACT SPORT. CO YOU THINK I "HOW LOW r talk from ne&vuNP D wuhavethbsmachfcx.it* K I AND well ATTACK KB j I HAVB TO. TOTAKBA CMN6tt>, --V-
      39 words
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  • ANALYSIS
    • Article
      The third generation of humanitarian assistance
      1003 11  -  Bernard Kouchner foresees a better world as the 'right to preventive intervention' gains wider international acceptance Bernard Kouchner The writer is the French Undersecretary of State for Humanitarian Action CAN WE DREAM of a 21st century where the horrors of the 20th will not
      1,003 words
    • Article, Illustration
      A scheme that's going up in smoke
      921 11  -  Writing from Jakarta, Maggie Ford describes the souring of the government's monopoly clove marketing plan Maggie Ford IT IS NOT as though Mr Hutomo Mandala Putra (Tommy), third son of President Suharto and head of Indonesia's monopoly clove marketing board, had not been
      921 words
    • Article
      A new leader of the pack
      676 11 CIGARETTE producers in developing countries are generally reckoned to be stable cash cows often being government or monopoly controlled, guaranteed to produce higher profits as economic growth provides more people with the money to pay for a daily puff. For quite some time, that
      676 words
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  • FOCUS
    • Article, Illustration
      A Tory at the head of Labour ranks?
      1397 12  -  Neville Stack surveys three candidates for the British premiership and finds them alike, yet different Neville Stack IT WOULD be an unbeatable combination, one to sweep the board in any general election a Conservative prime minister at the head of the Labour
      1,397 words
    • Article
      Lock icon UK recovery seen stalling with a hung parliament
      796 12 Minority government will create economic uncertainty IHT WITH Labour and the Conservatives running neck and neck in the polls just four weeks before the general election, a hung parliament is looking like the most likely outcome. That could kill any hope of
      IHT  -  796 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      188 12 MEET SINGAPORE'S ONIY Blfly $3000 WORTH OF PRIZES! requirements! We even have a section on countiy profiles so that you can find out more about where you intend to go. There's even a Travel Talk NkTM 'r|l j column for users to exchange useful information. For Teleview subscribers, you can
      188 words
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  • SPORTS
    • Article, Illustration
      Lock icon Australia suffers humiliating defeat
      696 13 Cricket: World Cup AFP SYDNEY Australia was labeling from a state of shock yesterday after Allan Border's defending champions hurtled towards disaster in cricket's fifth World Cup. Australians reacted with anger and disbelief at Pakistan's shock 48-run win over t)ie hosts in Perth on >A£ednesday, but
      AFP  -  696 words
    • Article
      Lock icon Conner loses fourth straight race
      417 13 America's Cup AP SAN DIEGO Dennis Conner's Stars and Stripes, sailing with a back-up mast, lost its fourth straight America's Cup defender race to Bill Koch's America 3 Foundation on Wednesday. Stars and Stripes trailed America3's Defiant by 23 seconds at the finish of the
      AP  -  417 words
    • Article, Illustration
      Lock icon Faldo aims to swing back to top
      324 13 AP FORT LAUDERDALE, Florida Nick Faldo opens a five-week swing around the southern US this week in the strike-threatened Honda Classic. Faldo said the trip is aimed at restoring the competitive edge to his game that was missing in a lacklustre 1991 season.
      AP  -  324 words
    • Article
      Lock icon NZ beats India, keeps perfect record
      260 13 AP DUNEDIN, New Zealand Opener Mark Greatbatch scored a fiery 73 yesterday to lift New Zealand to an emphatic four-wicket victory over India in their match at Carisbrook. India made 230 for six from its 50 overs after winning the toss and electing to
      AP  -  260 words
    • Article
      Lock icon Swiss-born musher wins Iditarod sled dog race
      279 13 AP NOME, Alaska A Swissborn musher who sings to his dogs won the 1,159-mile (1,865-km) Iditarod Trail Sled Dog Race in record time on Wednesday. With sirens blaring and spectators cheering, Martin Buser stopped his sled beneath a wooden arch on Front Street
      AP  -  279 words
    • SIDE LINES
      • Article
        Jackson opts for drastic hip surgery
        110 13 CHICAGO Bo Jackson could return to the baseball field one day, thanks to the improved methods of hip replacement surgery now in use, an orthopedic surgeon said on Wednesday. Jackson, the multi-talented sportsman who was injured playing American football for the Los Angeles Raiders
        110 words
      • Article
        Montana undergoes surgery
        63 13 SAN FRANCISCO San Francisco 49ers quarterback Joe Montana underwent arthroscopic surgery on his left knee over the weekend and has halted his workouts for 10 days, the football team has confirmed. Montana, who at age 35 is trying to come back from elbow surgery last year, was
        63 words
      • Article
        Liverpool signs Welsh player
        62 13 LONDON Liverpool clinched on Wednesday the £600,000 signing of Wrexham's teenage striker Lee Jones. The 18-year-old YTS trainee, who has scored nine goals for the Welsh side this season said, after signing at Anfield: "It's the greatest feeling in the world. It's been my ambition to
        62 words
      • Article
        Larsen crashes out
        76 13 LONDON Danish world No 7 Poul-Eric Hoyer Larsen crashed out in a first round defeat at the All-England Open Badminton Championships on Wednesday, just three days after winning the Swedish Open title. But the 1.89 metre Danish powerhouse could count himself unlucky to encounter the highly-skilled Indonesian
        76 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      289 13 TENDER OF 3 UNITS OF SHOPHOUSES IN PHASE 4 TANJONG PAGAR CONSERVATION AREA The URA is now inviting offers by public lender for the following three land parcels which comprise three shophooses in the Phase 4 Tanjong Pogar Conservation Area on a 99-year lease. These shophooses ore to be restored
      289 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      1110 14 Nothing Beats A Bud. where to wine, dine i 1 Mmmmumvsf tJM iiiJBHHIB Be a Singsation Member! For just $500 a year, you'll be a member of Singsation, the only theme karaoke lounge in town. Take your pick from different theme rooms and enjoy these privileges: Free bottle of liquor
      1,110 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      669 14 TELEVISION AND RADIO /f j"■ 1 SBCI2 SandwPjinda (Ortoon?* loilo BUSINESS OH RAWO I\/I them ccmrl w 625 < t) 1130 6o,d ncteM f es Thc Ad BB c k«9mH, ln vhf^' IW I I 11 r~ 111 II I I 7.30 AM CNN (L). 6.45 One Plus On* (C).
      669 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon A book lover's dream
      879 15  -  Does a desire to surround yourself with tomes, old and new, tickle your fancy? Read on as Andrew H Malcolm tells the tale of a book lover who has fulfilled her dream of running a bookshop Andrew H Malcolm NYT HERE'S a story for those who
      NYT  -  879 words
    • Article, Illustration
      It's only rock and roll
      570 15 Hit Men By Frederic Dannen Published by Vintage Books (Random House), 407 pages, $19.90 Reviewed by Nirmal Ghosh "W" "W'IT MEN is a com M piously rem g searched, blunt -M. and often hilarious account of the nuts and bolts of the music business in
      570 words
    • Article, Illustration
      The Blackboard Jungle director passes away
      484 15 RICHARD BROOKS, who directed the classic Hollywood dramas The Blackboard Jungle and In Cold Blood and won a screen-writ-ing Oscar for Elmer Gantry, died on Wednesday. He was 79. Brooks, who died at home, had been seriously ill for a month, said publicist Warren
      484 words
    • Article
      Lock icon Tuning in to the voice of Jordan
      594 15  -  The Arab world's version of the BBC World Service and the Voice of America airs programmes from pop music to politics, reports Jane Arraf Jane Arraf Reuter BARBRA Streisand is banned, sex and drugs are out, but country and western is a winner
      Reuter  -  594 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      188 15 AND ENTERTAIN p»=sS==BaaßESßasSß=—S—M—— g II 1 (Srtll Prime Rib Of Beef Savour tender, succulent Prime Rib of Beef done the traditional way. Served complete with a tasty baked potato with toppings, yorkshire pudding and a fresh crisp salad. All in the cosy ambience of The Hubertus Grill.. a classic choice
      188 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      780 16 Advertisement The Past Wf Mpffi Shapes The j The Zegnas are a to the has balance between the way and trade a watchmaker, who turned weaver and entrepreneur. In > 1910, Angelo's son Ermenegildo began managing their small says "He wanted to create a balance, so he sent me to
      780 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      590 17 much sought after A a a J Comprising of comfortable and casual garments, the Soft silk. To safeguard the J, U. i Collection available jackets with a tweed effect. These future of this "soft" garments are in classic but updated style, where the beautiful fibre, Zegna j n t ur
      590 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Big Inno-Pac deal keeps market buzzing
      4279 18  -  By Quak Hiang VVhai A HUGE block of Inno-Pacific Holdings (Inno-Pac) shares sold in a married deai yesterday spurred speculation on whether a takeover of the company was imminent. Market sources were unable to say who the buyers and sellers were, but Business Times
      4,279 words
    • Article, Illustration
      HOT STOCK
      63 18  -  By Chew Eng Han Comment THE upside target of $1.72 was reached aad exceeded in Jttaary. This stock may have difficulties clinbiag above the $1.65 level again. The upmove over the past few days may not be sustained and a slide to $1.40 is possible. Look out for
      63 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2922 19 DBS Foreign 1280 50 4.1% SIA Foreign I960 50 2.6% OCBC Foreign 1170 +30 +2.6% OUE 785 30 40% Inchcape 535 +25 +4.9% Semb Shipyard 785 *-25 +3.3% FAN 1000 1-20 2.0% GE Life 1440 *-20 +1.4% Shangri-La 555 +20 +3.7% C&C 645 +15 +2.4%
    2,922 words
  • Page 19 Advertisements
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3206 20 H Leong Ind 50* 560 +30 +5.7% /Gentings 50« 840 20 2.4% Leader U 550 +20 +3 8% Oriental Hldgs 610 +15 +2.5% two 50* 472 +12 2.6% Sime Darby 50* 286 +10 3.6% UniphoneTel 250 +10 4.2% Bolton 160 +7 +4.6% Tan Chong 50-
    3,206 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      148 20 SINGAPORE WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! kJ3 I Subscribe or renew your subscription now. M jS". The first 130 subscribers will i each receive a 125 ml bottle of Montana after-shave worth $58. I Please^th* coupon to SINGAPORE BUSINESS Subscription Dept, I Times Periodicals
      148 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Stocks recover to close firmer on late buying
      5112 21 SHARE prices in Kuala Lumpur recouped earlier losses to close firmer yesterday after buyers returned for bargains in the afternoon. The KLSE Composite Index rebounded from the day's low of 587.08 to 592.42, up 4.06 points. The Emas Index rose 0.85 of
      5,112 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS FORECAST
      809 22 Mm Board Last Fat Year F recast Date Net Net Preit EPS aw* Year EPS Cress prefit Range Riagt [«ai Peried last jr eadag (cts) *t (S'OM) (SSai) (ets) Stare lad F Mar 12 Dec 91 126 10 0 44 641(f) 35 2—43/ 133—16 5 UK F Mar
      809 words
    • Article
      PRELIMINARY RESULTS
      239 22 Company Date Ywr Group pro-tax Not oaraiogs Cross ann to proAt/tos* (L) pw sfcaro dMdood ('OM) (coots) CO. Mar 11 Dec 91 HK$142.270($5 798) 0 Inch Ren Mar U Dec 91 M$4 870(14.129 39 9(43 3) 80(70) K Ke«as MarlO Oec 91 $27.239($13.855) 108(60) 20(38 8) Samanda Hldgs
      239 words
    • Article
      INTERIM RESULTS
      271 22 DaU HaH-yaar Crwip pretai Intarim to prtfiVitt (L) dividend (•••0) Hutne M Mar 10 Dec 9! M$46.302<$31 364) 5(5) H Leonj Ind Mar 10 Dec 91 M$5 7.038 ($43 888) 6(6) First Capital Mar 6 Ok 91 $3.937($170l) -<-) FAI Ins Mar 5 Dec 91 A$24.363l($48.794l) -(40) Roth
      271 words
    • Article
      PROPOSED ISSUES
      548 22 Company Rights Issue Manet Tech One-to-one g $1 00 per share Bolton Issue of 130 9 78m nominal amount of 35% Redeemable Unsecured Guaranteed Bonds 1991/96 with *****m detachable warrants on the basis of $2 nominal amount of Bonds tor every three existmc shares held Every 12 normal
      548 words
    • Article
      OTHER RESULTS DUE
      835 22 Maa Board List Fril Ttar last year <»™) EMS Final Nov 6 Jul 91 3 OTE 17.878L UN tart Final Mar 11 Dec 91 50 580 1.325(c) Prin Fmal Mar 12 Dec 91 69 9 25 0 26,196 g£ u Fmal Mar 14 Dec 91 75.6 20
      835 words
    • Article
      AUDITED RESULTS
      107 22 Cooipaoy Date Yoar Groop Net Net ooroiogs Cross mh to profit/loss (L) por sdoro tfhrMond COM) (coots) Van <fer Horst Mar 5 Sep 91 J2.739(J2.451) 47(4.2) 1(1) Pacific Can Mar 4 Sep 91 $106(J1.450t) 02(-) Cerebos Feb 13 Sep 91 $45,623t( 138,911) 148(128) 23 6TE(30TE) KL Keponf Feb
      107 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      1634 22 Tram Registered Sefcstaetial Buy/ Me. ef Aaiaaat Sfcarefce4dia» Stack Date Holder Shareholder/Direct er Sail shares Before Altar Keppel Corpn 06/03/92 Street Names Temasek Holdings (Pte) Ltd S 3,000 22,638 1S3.000.001 37 05 152,997,001 37 04 SIA Forean 06/03/92 Temasek Holdings (Pte) Ltd B 1,000 19,459 346,440.586 54
      1,634 words
    • Article
      CORPORATE DEVELOPMENTS
      140 22 Mar 11 The Keppel froup is tapping shareholders for $206 m to fund its expansion in South-east Asia and Vietnam by calling for a rights issue of loan stock and warrants. Mar 10 Five companies, Perwra Ericsson, Pemas NEC Telecommunications, Nokia, Alcatel and Fujitsu, have been selected by
      140 words
    • Article
      DIVIDENDS ANNOUNCED
      750 22 Carrwrt Ex B«ok» Date Total tor Tatal tor paymaat date ctosa payaHto tho year last year Am*i Find US10c(b) Mar 10 Mar 20 Mar 30 US10C US10C A*mo 20c 125*Tt Mar 3 Mar 13 May 15 17 5*TE 12 5*TE BAT 21c 104 8* **9 Apr 22 Apr
      750 words
    • Article
      SCRIPLESS CONVERSION
      55 22 Conversion Special Trig Scripiess Conversion deadline Period Trading Company starts (1DP) (ST) starts Fint Capital* Mar 31 Apr 22 Apr 9 Apr 22 Apr 23 Hai Son Hap* Apr 1 Apr 23 Apr 10 Apr 23 Apr 24 Semb Shipyard* Mar 20 Apr 16 Apr 3 Apr 16
      55 words
    • Article
      COMPANY MEETINGS
      44 22 Hai Sun Hup Group Ltd: EGM at 200 Cantonment Road, #09-01 Southpomt, Singapore 0208, on Saturday, Mar 14, at 10.30 am First Capital Corporation Ltd: EGM at 20 Collyer Quay, #11-01, Tung Centre, Singapore 0104, on Saturday, Mar 14, at 9.30 am
      44 words
    • Article
      RECORD HIGHS & LOWS
      128 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 hiffc *****8 21/2/92) 1992 htft 1545 92 (27/1/92) 1992 km 1232 84 2/1/92) 1»2 km 429 65 9/3/92 1991 l*i: 1333 08 3/6/91) 1»1 >■* !(?21! 1991 low. *****2 (16/1/91) 1»1 1990 hich: 1435 43 (16/7/90) 1»» l*»: 507 12
      128 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      368 22 In local am- In S$ In US$ dy yr dy yr dy yr Mar 11 Index chge chge chge chge chge chge World 395.3 -0.6 -3.2 -0.3 -4.3 -0.9 -7.4 JEAFE 482.3 -1.0 -4.0 -0.7 -7.6 -1.4 -10.6 Europe 436.7 -0.9 6.2 -0.3 0.7 -1.0
      368 words
    • Article
      APPROVED ISSUES
      220 22 Company Rights Issue MC8 fldp One-tor-ten MSI 10 per share Ex-date Feb 24 Books dose Mar 9 Acceptance Payment Apr 21 Tich Rtmrcn Four-tor twe <a MSI 30 per share Ex date Feb 3 Books dose Feb 19 Acceptance Payment Mar 31 Company 0***™ Ccntreport Renounceabte preferential offer
      220 words
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  • STOCK EXCHANGE OF THAILAND
    • Article
      Lock icon Uncertainties over general election keep investors away
      2217 23 Reuter MOST shares in the Stock Exchange of Thailand rose yesterday in a lukewarm market that saw investors sidelined by the uncertainties over the coming general election on March 22, brokers said. At the close of trade, the SET index gained 4.46 points
      Reuter  -  2,217 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Share prices close mixed in light trade
      1210 23 JAKARTA share prices closed mixed yesterday after another day of light trading, brokers said. The official index slipped marginally by 0.25 of a point to 282.21, on a turnover of 5.52 million shares, compared to Wednesday's 5.84 million. Market favourite Astra International lost
      1,210 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      14 23 Timeszone Central is an easy-to-read pull-out tabloid appearing every Thursday in the Central Zone.
      14 words
    • Advertisement
      Page 23 Advertisements Column 2
      256 23 done when you call I f j in the experts I found at AV^a I classification BUS I NESS T I M E S Toll free Tel No 737 0043 Fax No: 734 3608 Standard H Chartered Equitor Group Standard Chartered Equitor Croup, a member of the Standard Chartered Bank
      256 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices slip but end off day's lows
      2565 24 Reuter TOKYO stocks ended just slightly weaker, pulled back from a morning plunge by bargain-hunting and light program buying. Brokers said trade was still hamstrung by the weak yen, uncertainty ahead of futures settlement today, and worries about brokerage dealing scandals. "Things are
      Reuter  -  2,565 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks end at new high after big swings
      2659 24 Reuter HONGKONG shares ended at a second consecutive record high yesterday in active trading after posting pronounced early losses on profit taking after the last two days' rally. The blue chip Hang Seng Index jumped 36.85 points to close at 5,042.81 while
      Reuter  -  2,659 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Weak overseas markets send stocks down sharply
      2264 25 Reuter SHARE prices in Sydney closed sharply lower yesterday as falls on offshore exchanges caused nervousness among local investors. Volume remained at a low level with prices being further pressured by losses on the futures market which plummeted below technical support levels. Late
      Reuter; SOURCE: PONT DATA  -  2,264 words
  • REGIONAL STOCK MARKETS
    • Seoul shares inch up on talk of govt support
      • Article
        SEOUL
        718 25 SEOUL shares inched up yesterday on rumours that the government would announce market support measures before •this month's general election, brokers said. A Finance Ministry official denied the rumours. The composite stock index rose 0.06 points to close at 619.11. A total of 14.8 million shares changed hands, worth
        718 words
      • Article
        TAIPEI
        491 25 TAIWAN share prices finished moderately higher yesterday as some investors re-entered the market after Wednesday's gains, but profit-taking and a lack of confidence prevented further rises. The weighted index, which rose above the 5,000 barrier several times during the day, finished at 4,984.86, 19.38 points higher than Wednesday's close.
        491 words
      • Article
        MANILA
        463 25 PHILIPPINE share prices closed narrowly mixed yesterday as profit-taking hit some issues after the recent rally, brokers said. They added investor confidence was uncertain ahead of May elections. The Manila Stock Exchange composite index slid 1.82 points to settle at 1,118.21. "The market is still groping for direction," said
        463 words
      • Article
        NEW ZEALAND
        251 25 NEW ZEALAND shares drifted lower yesterday as major players weighed up portfolio needs ahead of an onslaught of offerings, with some brokers describing the day as the market's quietest this year. Weakness in overseas equity and debt markets, stemming from political and economic uncertainty, contributed to the malaise
        251 words
      • Article
        BOMBAY
        82 25 SHARE prices on Wednesday fell sharply for the second successive day as state-owned investment institutions continued to offload stocks, brokers said. The Bombay Stock Exchange Index plunged to 3,069.49 before closing at 3,163.68, down 152.35 points. Brokers said the market attracted support at lower levels, to enable a recovery
        82 words
      • Article
        INDICES & TURNOVER
        56 25 INDICES TURNOVER CVMC tV- J rmlOUl Mar 12 NEW ZEALAND NZSfc-40 Capital 1.456 80 1.466 66 -9.86 MANILA Composite Index 1,118.21 1.120.03 -1 82 Turnover (million) 558.7 958.5 -399.8 TAIPEI Weighted Price Index 4,984 86 4,965.48 19.38 Turnover (NTS billion) 31.2 19.45 11.75 SEOUL Composite Stock Index 619.11 619.05 +0.06
        56 words
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  • WORLD STOCK MARKETS
    • Dow slides, London stocks take a beating
      • Article, Illustration
        NEW YORK
        1434 26 STOCKS in New York closed broadly lower in lacklustre trading on Wednesday on selling tied to investor uncertainty over prospects for economic recovery, forcing the Dow to surrender more than what it gained in Tuesday's rally. The Dow Jones Industrial Average, which rebounded 15.87 points on Tuesday, gave
        1,434 words
      • Article
        Untitled
        544 26 Other markets in Europe, South Africa and Canada Johannesburg Mar 11 Rand INDUSTRIALS A Alpha 4150 unch AECI 975 unch AMIC 8000 unch Abercom 125 Amaprop 710 unch BAZ 1300 Barlows 5575 50 Basil Strk 20 Blyvoor 600 unch CG Smith ***** -200 Cnagalo 2725 unch Cnrfin 725 unch Edgars
        544 words
      • Article, Illustration
        LONDON
        901 26 SHARE prices tumbled in London on Wednesday on disappointment with the budget forecast that government borrowing will double next year and fears that the Conservative government will not win re-election on April 9. The blue-chip Financial Times Stock Exchange 100-share index, which climbed 24.1 points on Tuesday, slumped by
        901 words
      • Article
        FRANKFURT
        177 26 THE Frankfurt stock market was in retreat on Wednesday, the DAX spot index ending the day 7.12 points down at 1,743.42 while the Commerzbank index was down 9.90 points to 2,005.80. Losses were generally limited to between one and three marks. But Allianz lost 20, BMW 5.80, Degussa 4.50
        177 words
      • Article
        STOCKHOLM
        158 26 PRICES on the Stockholm bourse closed broadly down on Wednesday after a long period of advances. Dealers attributed the downturn to profit-taking and declines on foreign markets. The bourse general indetf fell 0.5 per cent to 974.70 in moderate turnover of 431 million crowns. Blue chips shed 1.21 per
        158 words
      • Article
        TORONTO
        418 26 TORONTO stocks tumbled to their low for the year in heavy volume on Wednesday, finding support just above, the 40-week moving average. "It will be important to see... over the next few days... if this thing holds," said techni- 1 cal analyst Ron Meisels of P&C Holdings. "It just
        418 words
      • Article
        AMSTERDAM
        205 26 DUTCH shares ended mostly easier on Wednesday after moderate trade slightly depressed by weak foreign markets. But selective buying at lower levels checked the losses, traders said. A bunch of company statements displayed mixed fortunes in 1991 results. "We were burried under an avalanche of figures in no time
        205 words
      • Article
        PARIS
        262 26 THE Paris bourse on Wednesday sank in sympathy with London, which fell on the announcement of a British general election on April 9 and the possibility of a Labour government coming to power, traders said. The CAC-40 index fell 25.86 points to 1,968.02 on moderate volume of 2.4 billion
        262 words
      • Article
        MILAN
        222 26 ITALIAN share prices staged a hesitant recovery on Wednesday at the official fixings, engineered largely by technical factors, but trading remained thin, brokers said. "The session has been dominated by technical factors linked to tomorrow's expiry of the monthly option contracts," one Milan trader said. The market was reversing
        222 words
      • Article
        INDICES & TURNOVER
        73 26 INDICES TURNOVER NEW YORK Dow Jones SAP 500 Turnover (million) Close 3,208.63 ***** 186.38 Previous 3.230.99 406.89 203.0 Mar II -22.36 -2.86 -16.65 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.966.6 2.522.4 143.6 2.006.6 2,574.8 404 8 -40.0 -52.4 -261.2 FRANKFURT DAX Index 1,743.42 1,750.54 -7.12 AMSTERDAM EOE Index
        73 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback stays strong against yen, mark in late Asian trade
      1155 27 REPORTS J:" fj: TOKYO: The US dollar remained strong against the yen and the mark in late Asian trade yesterday, after puncturing the 134-yen barrier for the first time in six months in Tokyo, Asian dealers said. "People are trading
      1,155 words
    • Article
      INTERBANK FOREX RATES
      378 27 Cross rates Mar 12 USS SS MS Dm Yen SFr AS NZS USS 1.6770 2.5640 1.6640 133.70 0.5800 1 5080 1.3242 1.8248 SS 0.5963 1.5289 0.9922 79.7257 0.3459 0.8992 0.7896 1.0881 MS 0.3900 0.65 0.6490 52.1451 0.2262 0.5881 0.5164 0.7117 Dm 0.6010 1.0078 1.5409 80.35 0.3486 0.9063
      378 words
    • Article
      MONEY MARKET
      539 27 Interbank rates SS Bid Offer Overnight 2 3/4 2 7/8 1 -month 3 1/4 3 3/8 2-month 3 5/16 3 7/16 3-month 3 5/16 3 7/16 Owenright mode: 2-7/8 L'SS Bid Offer 7 days 4 1/16 4 3/16 1 month 4 1/4 4 3/8 2 months 4 1/4
      539 words
    • Article
      Lock icon Pressure on BOJ to cut Japan's discount rate
      332 27 NYT TOKYO Now that an economic survey of the Bank of Japan (BOJ) has further pointed out to the business community the need to bolster the sagging economy, officials with the banking industry believe the BOJ will soon cut the discount rate
      NYT  -  332 words
    • Article
      Lock icon Swiss central bank against franc's plunge
      254 27 Reuter MILAN Swiss National Bank president Markus Lusser said the SNB opposed a sharp fall of the Swiss franc, but the central bank had no targets for defending the currency. Asked prior to a speech here if 91 centimes to the mark is a
      Reuter  -  254 words
    • Article
      FINANCIAL FUTURES
      1128 27 SIMEX EUWOOOUA* Open High Low Sett Est Vol Op/lnt Vol Mar 92 95.63 95.64 95.62 95.63 1640 980 ***** Jun 92 95.30 95.32 95.27 95.27 6950 5973 ***** Sep 92 94.91 94.92 94.88 94.88 2300 2583 9151 Dec 92 94.22 94.24 94.20 94.20 1200 1065 6444 Mar 93
      1,128 words
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  • COMMODITIES
    • Article
      KL tin closes four sen lower on higher offerings
      827 28 reports THE TIN PRICE shed four sen to close at M$ 14.09 per kg on the Kuala Lumpur Tin Market on higher offerings yesterday. Dealers said the trend was in line with the easier London Metal Exchange overnight which was pressured
      827 words
    • Article
      Lock icon Belgian diamond trade loses some of its sparkle
      447 28 Reuter ANTWERP Belgium's diamonds business, the world's biggest, lost some of its sparkle in 1991 because of the Gulf War and worldwide economic recession. After years of glittering business, total turnover of rough, polished and industrial diamonds dropped by one percent in
      Reuter  -  447 words
    • Article
      Lock icon Coffee prices soar on hopes of accord but diplomats cautious
      257 28 Reuter LONDON Coffee prices on both sides of the Atlantic soared on Wednesday after an about-turn by Brazilian exporters raised hopes for a new international pact to support prices. But diplomats directly involved in pact negotiations said the path towards
      Reuter  -  257 words
  • Article
    PRICES
    1404 28 Rubber Mar 12 PTTTMI-ib S cenls/k| Noon Close Int 1 RSS Prompt 137.2 V I38.25N I37.2VI38.25N Int 1 RSS Apr 92 137.2VI37.75 137.2VI37.75 Int 1 RSS May 138.00/138.50 138.00/138.50 Int 2 RSS OP 135.2VI36.25N I35.2VI36.25N Int 3 RSS OP 134.7 V I35.75N I34.7VI35.75N Int 4 RSS OP 132.7VI33.75N I32.7VI33.75N
    1,404 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1140 28 BUSINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3608 Form 63L THE COMPANIES ACT (CHAPTER SO) THE COMPANIES REGULATIONS 1987 SECTION 227N/REQULATION 55 NOTICE OF JUDICIAL MANAGER TO CREDITORS OF FIRST MEETING Nam* of Company Engineering Construction Pte Ltd (Under Judicial Management) Company No 1969/*****-C Under me
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      Page 28 Advertisements Column 2
      6 28 Innovation Technology in BT every Tuesday
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1258 29 City Abu Dhabi Flight ETA Flight GA890 ETD j 2205 City Flight Ml 187 tin 2340 rngni CI91 tiu 0240 AMaidt QF81 2010 QF82 2115 Karachi SQ418 1245 RJ182 1440 RJ183 2320 Kota Kinabalu MH631 1520 MH630 0950 Amis twdim KL837 SQ23 1340 1815 SQ24 KL838
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  • THE TRAVEL PAGE
    • Article, Illustration
      A tale of two cities
      669 29  -  LETTER FROM BANGKOK By Justin Wintle Thailand's principal historic sites some of them ruins, some of them living temples deserve to be seen. One of the most rewarding one-day excursions out of Bangkok is a trip to Ayuddhya, the capital of ancient Siam. Although there
      669 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2604 1.2774 Canadian dollar 1.3884 1.4164 NZ dollar 0.9080 0.9354 Sterling pound 2.8759 2.9149 US dollar 1.6720 1.6800 Local dollars to 100 units of foreign currency Austrian schilling 14.11
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      67 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel April International Yugoslavia Zagrebacki (38)41/*****6 April 20- Exposhtp Barbican The Sea trade 0206-***** 23 London '92 Centre, Organisation Days of Tourism Valesajam London n.r n t a U April 20- International Birmingham National 44-*****2888 April 9-15 British
      67 words
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      Page 29 Advertisements Column 1
      38 29 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. We know Europe from itart to Finnish
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      25 29 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please cal our Customer Services Section on 749 2577
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      Page 29 Advertisements Column 3
      35 29 I HmNpMH B) STATUE l -awuittl A) FLOWERS IHHMi 3 i BUDGETOONS Talking points raised during the current Parliamentary debate as seen by award-winning cartoonist Hup NEW, NEWS, NEWSY |!^H| From lunchtime. Monday to Saturday
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  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      186 29 10 He dispenses with drugs 12 Quarrel confined to banks —JB-—.IE-—JIB—— 22 Thrash with a strip shoe iIe?™11^ll~~ earlier (7) notice (4) 25 A solemn promise to con2fT Confess to gossip (4.3) 7 T V radio both playing (ess (4) Gale in the stratosphere non slop (2 ,3, 2) 26
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    • Miscellaneous
      Page 29 Miscellaneous Column 2
      164 29 Singapore Outlook: Occasional showers in the late morning and afternoon. Report: Maximum temperature 32.5 Assoc humidity 61% Minimum temperature 24.7 Assoc humidity 92% Hours of sunshine 5.35 Rainfall in mm Nil Rainfall this month 32.5 Rainy days this month 5 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 21/18 Goudy Bangkok 34/24
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    • Miscellaneous
      Page 29 Miscellaneous Column 3
      17 29 li.krVMigTOgWß IF I MpiMD IN MV NOTiCC (GET HC GJSO- D'SMCV ~&r- ASSOCIATED NEWSPAPERS LTD 1962-IW2 -X
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  • Article
    Lock icon US House votes to override Bush's China veto
    396 30 But renewal of MFN status likely to go through Reuter WASHINGTON The House of Representatives voted overwhelmingly on Wednesday to override President George Bush's veto of a Bill setting conditions for renewal of China's favourable trade status with the United States. But
    Reuter  -  396 words
  • Article
    Lock icon Hyundai's feud with Roh hots up
    141 30 Reuter SEOUL South Korea's Hyundai business group brought its feud with President Roh Tae Woo home to his doorstep yesterday, charging that the government failed to pay it for renovation of Mr Roh's presidential mansion. A group subsidiary, Hyundai Engineering and Construction Co Ltd,
    Reuter  -  141 words
  • Article
    Lock icon US urges Thais to evacuate workers from Libya
    301 30 AFP BANGKOK The United States has made several requests to Thailand over the past few months to evacuate its workers from Libya because of possible American air strikes, highly placed Thai foreign ministry- sources said yesterday. According to the sources. Bangkok-based US
    AFP  -  301 words
  • Article
    Lock icon Iraq, UN collide over peace terms
    371 30 Aziz argues Baghdad has fulfilled obligations, wants curbs lifted Reuter UNITED NATIONS Iraq and the UN Security Council are on a collision course over whether Baghdad has met Gulf War ceasefire obligations and should be freed from economic sanctions. Deputy Prime Minister Tareq Aziz
    Reuter  -  371 words
  • Article
    Lock icon 8 E Timorese on trial for involvement in Dili massacre
    266 30 Reuter JAKARTA Indonesia put on trial yesterday the first of eight East Timorese charged with involvement in last November's army massacre in the former Portuguese colony and barred a defence lawyer from the court. "The lawyer was not allowed in
    Reuter  -  266 words
  • Article
    Lock icon Indonesia urges Myanmar to solve Muslim issue
    243 30 Reuter JAKARTA Indonesia, home to the world's largest Muslim population, and Thailand have warned Myanmar that its treatment of its minority population threatens stability in the region. The Indonesian Foreign Minister Ali Alatas, speaking to a parliamentary hearing on Wednesday night, ruled out
    Reuter  -  243 words
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      201 30 Nikon The World's Finest Photographic System SOME COLLECTORS HAVE BETTER ORIENTAL CARPET COLLECTIONS -..StiSSVM'EyEH Chairman <* "'nNijyiL .js^s An Oriental Carpet Collectors meeting would be held on 15 March 92. Please call/fax to register for a free invitation The 'Exceptional Oriental Carpet* Catalog/Book written by SH. SAMEYEH is available at
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      666 30 Nikon The World's Finest Photographic System im J THE LEON D RICHARDSON SEMINAR Ufm FIRST TIME IN SINGAPORE KUALA LUMPUR LIMITED SEATS AVAILABLE Singapore 10/ II April 1992 14. Do you see Hang Seng topping 7000 as forecast by Westin Stamford analyst? Discussion. Kuala Lumpur 13 April 1992 15 Gold
      666 words
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  • Shipping Times
    • Article
      TWRA members to raise rates for reefer goods
      432 31  -  By Dexter Lee SINGAPORE Member lines of the Transpacific Westbound Rate Agreement (TWRA) will raise their freight rates for a host of refrigerated products next month. In a statement from San Francisco yesterday, TWRA said rates for frozen beef will go up
      432 words
    • Article
      Lock icon E German workers protest against plan to sell yards
      206 31 AFP SCHWERIN, Germany Between 6,000 and 8,000 shipworkers demonstrated here on Wednesday in protest at a plan to sell eastern Germany's two biggest shipyards to western German and Scandinavian firms. They chanted for the resignation of the Prime Minister of the
      AFP  -  206 words
    • Article
      Lock icon Ukrainian shipyard tries to sell aircraft carrier
      267 31 UPI COPENHAGEN Ukraines Black Sea naval shipyard has asked a Norwegian shipbroker to put a brand new aircraft carrier on the market to the highest bidder, the broker said on Wednesday. The 30,000-ton Kuznet-sov-class carrier for sale is the seventh of its class
      UPI  -  267 words
    • Article
      Lock icon Evergreen group buys Japanese shipyard
      196 31 Reuter TAIPEI Taiwan's Evergreen shipping group said on Tuesday it had bought Hayashikane Dockyard Co Ltd in the first acquisition of a Japanese shipbuilder by a Taiwanese company. The shipbuilder, which employs about 300 people in Nagasaki Prefecture on the western island of Kyushu, was
      Reuter  -  196 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1141 31 Page Col < ABC Containerize 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 < Allied-Link 16 4/5 i Anglo Orient 16 1/2 i ANL 3 1/2 APL 5 3-5 A.P.C. Lines 13 5 A c Warehousing 15 5 Arrow Int 9
      1,141 words
    • Article, Illustration
      S'pore hub still impractical, says United Airlines executive
      473 31  -  By Juliette Walker SINGAPORE Correcting earlier rumours, a senior executive for United Airlines (UA) said the US carrier has no immediate plans to develop Singapore as a regional connecting hub. Terry Waldo. UA's country manager for Singapore, Indonesia, Malaysia and Brunei, explained
      473 words
    • NEWS SUMMARY
      • Article
        Japanese, South Korean yards find harmony
        59 31 WITH A new-found harmony between South Korean and Japanese shipbuilders, the two industries are expected to take 70 per cent of the world market. They no longer regard the European industry as a serious threat, and Japanese builders are turning down orders in the
        59 words
      • Article
        American seeks Air France cooperation
        57 31 AMERICAN Airlines plans to start a new Lyons-Chicago flight with the cooperation of Air France. Mr Robert Crandall. the president of the US airline, said was "strange" that the world's leading airline, which is offering 35 weekly direct flights from Paris-Orly to US, has "only
        57 words
      • Article
        GM executive eyeing top Chrysler post
        47 31 A TOP General Motors executive acknowledged he had discussion with Mr lacocca the possibility of joining Chrysler as a senior executive, a move that would presumably put him in the running to become chief executive when Mr lacocca retires Back Page
        47 words
      • Article
        MAS appoints advisers for M$8b programme
        29 31 MALAYSIA Airlines has appointed a three-member consortium to draw up a financing plan for its MsB billion (Sss billion) expansion programme Back Page
        29 words
    • LOG BOOK
      • Article
        Japanese firms in 20b yen lease to buy ships
        151 32 TOKYO Japan's Orix Corp has joined with Credit Lyonnais and Hank of China to co-lead manage a 20 billion yen (*****.8 billion) loan to Ming Wah Shipping Co Ltd of Hongkong, an Orix official said on Wednesday. The loan is the
        151 words
      • Article
        S Africa, Russia to design plane
        60 32 JOHANNESBURG South African and Russian compares signed an agreement on Wednesday to develop an aircraft. the first deal of its kind between their aviation industries. Industry officials said the Rusjet joint venture and the aviation firm Aerosud agreed to design a light turbo-prop transport
        60 words
      • Article
        SAS to fly Copenhagen-HK route
        82 32 COPENHAGEN Scandinavian airline SAS will start a new direct service between Copenhagen and Hongkong on June 1, and at 12 hours' duration it will be the fastest European service to that destination, SAS said on Wednesday. The twice-weekly flight will be by Boeing 767-200 161seater
        82 words
      • Article
        China orders Dutch Fokker jets
        88 32 BEIJING China Eastern Airline has ordered seven Fokker 100 passenger jets for USSISO million in China's first purchase ever of Dutch aircraft, the official China Daily newspaper said on Wednesday. The newspaper said a purchase agreement was signed on Tuesday in Beijing by Fokker Aircraft
        88 words
      • Article
        India commissions naval air base
        93 32 NEW DELHI India commissioned its fourth naval air station on Wednesday in the country's south in line with its plans to expand its bluewater navy's reach across the Bay of Bengal and the Arabian Sea. officials said here. An Indian Navy spokesman said the latest
        93 words
      • Article
        Snow delayed Airbus A320 rescue
        36 32 STRASBOURG. France Deep snow, dense forest and sub-zero temperatures were responsible for delays in rescuing survivors from an airliner that crashed in eastern France last January, local officials said on Tuesday.
        36 words
    • Article
      DAILY FREIGHTS
      477 32 PANAMAX demand in the Pacific was sustained and freight costs continued to rise, however the market's general weakness persisted, dry cargo brokers said on Wednesday. The Baltic Freight Index was marked down one point to 1.231, continuing the weaker trend in the Atlantic panamax sector and showing little
      477 words
    • Article, Illustration
      Lock icon Tide turns for Eastern yards
      1076 32  -  With a new-found harmony between South Korean and Japanese shipbuilders, the two industries are expected to take 70 per cent of the world market. Already they are setting the course. John Ridding and Robert Thomson report John Ridding,Robert Thomson FT JAPANESE and South Korean shipbuilders
      FT  -  1,076 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      633 32 Carbon Cirbon Mir 6 Density Water Residue Ash Aluminium Sediment Density Wat*r Rendu* Ash Aluminium Sediment MM M/M Euon E»«on RG/M*3 V/V M/M M/M PPM method KG/M*3 V/V M/M M/M PPM method IS0/Ctm»c limits Soec E25 991 To lTo 0~l6 30* cTlO* Spec G35 991 1.0
      633 words
    • Article
      THE SHIPPING GUIDE
      6311 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      6,311 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        610 47 Veual Voy No Barth Arrival Oapartura Vassal Voy No Berth Vnv4 Oapartura Marina Ttrmlnal i Jurong Port flfditagi 1 10/92 M03 alongside 1303 2300 Arktis Moon 12 alongside 1303/0001 Btm 3a*agia *****2 M04 alongs.de 1303, 2000 Bach Long 2/92 )3 aiongs.de 1303/0700 Citia Jaya *****2 M05 aiongs.de
        610 words
      • Article
        IN MALAYSIAN PORTS
        255 47 Johore Port Berth: 1: Bunga Mas; 2: Bangkhuntien, Sunny Star; 3: Dade; 4:'Ming Autumn; 5: Barge Munar No 2; 6; Jevel All. 01 jetty: Stolt Surf, Aditya Vaibhav, Rich World. DCfc Ocean Progress. Nur Marina. due on Mar 12: Ararat. Bum Han. Lady Pauline. Equator Jewel. Due
        255 words
      • Article
        CONTAINER SCHEDULE
        1224 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookirc/Babnce Rsfts Sty Voy No Etb/Btr Period From To From ACxTiy 21B 14/0700 2 12/1700 13/0659 13/0900 3 13/0700 13/1159 13/1400 ACX Violet 5A 14/1800 1 12/1500 12/1659 12/1900 3 13/0700 13/1159 13/1400 4 13/1200 13/1459 13/1700 A)L3 Bhum
        1,224 words
    • Article
      Lock icon MAS appoints advisers for M$8b plan
      174 48 AFP KUALA LUMPUR Malaysia Airlines on Wednesday appointed a three-member consortium to draw up a financing plan for its MSB billion (Sss billion) expansion programme. The consortium comprises local merchant bank. Aseambankers Malaysia Bhd, CS First Boston and the Nomura Securities/Nomura Babcock and Brown
      AFP  -  174 words
    • Article, Illustration
      Lock icon American seeks Air France cooperation in Atlantic flight
      275 48 AFP PARIS American Airlines wants to cooperate with Air France in starting a new Lyons-Chicago flight. Mr Robert Crandall, the president of the US airline, said on Wednesday. American Airlines is starting a direct service between Paris-Orly and Miami on March 23.
      AFP  -  275 words
    • Article
      GM executive in talks with Iacocca for top Chrysler post
      337 48 DETROIT The long-running drama over who will succeed Lee A lacocca at Chrysler Corp took a fresh turn on Wednesday. A top General Motors executive acknowledged that he had twice discussed with Mr lacocca the possibility of joining Chrysler as
      337 words
    • Article
      Lock icon Philippine Airlines to expand service
      233 48 AP MANILA Philippine Airlines announced on Tuesday it will begin flights to Cambodia and Abu Dhabi and expand service to Japan and North America as it prepares to convert to private operation. The flag carrier said expansion plans also include the acquisition of three new
      AP  -  233 words
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      27 31 Lines and mtvlcm represented by,. Members ef tbe Registry of Accredited |?H?Sei*r SModni Anott, Mm—» Hitiinil SMd- \VKsiMil V^P/ for advertising enquiries, contort Shipping Times: Tel 740-2089/740-2090
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      Page 31 Advertisements Column 2
      291 31 the jfr s FAMOUS f*<o 5 vik/mmk 224 1833 For more information pleaae refer to P(. 13 I Someone dose has been lying Your son In Canada is studying for some years. overseas You've given up overseas. writing those ■181 Andy? l longtetters. want him The straits Times close to
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      Page 31 Advertisements Column 3
      30 31 Container Schedule 17 Oaity F rights 2 Index 1 Shipping Guide 10.11 Sl*ps in Port W Singapore Tries 17 Transport Diaij 3 Veritas Report 2 Weather and Sea Condrtions 17
      30 words
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      90 32 Scalpel...scissors...sutures.„ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you Mod to be kept well Wormed to maximlae return on Eoentlal Information aeeMolble every bualnea. (toy your money. through Bualneia Tlmea. a mrul The thinking bualne-man plan. hi. move, and Business
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      2374 33 M OOCL (8) PTE LTD JARDINE BHIPPINQ AGENCIES «tlVf# *****11 FAX: *****09 AUHt BOOKINGS TEL: *****234 *****58 M TERMINAL/CFS TEL: *****218 220 P Cflflflfl H PESAKA JARDINE BHIPPINQ AGENCIES SDN. BHO. J PORT KELANQ TEL *****18 FAX: *****91 *****88 77-T PENANQ TEL: *****4 FAX: *****1 CFS TEL: *****8 MHPMHI Dedicated
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      1826 33 TRANSPORT DIARY Mar 19: New International Trade Terms and Rules of Shipping Practices Seminar, organised by Elim Management Services. For details, please contact tel: 292-5670 or fan: 298-1804. Sepl 15-16: Asia-Pacific Digital Cellular Mobile Communications. organised by IBC Technical Services Limited at The Mandarin Singapore For further details please contact
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      1457 33 TWO SAILINGS TO U.S.A. MARGRETHE MAERSK V.9204 ETA SIN 17/3/92 ARTHUR MAERSK V.9206 ETA SIN 16/3/92 vmhi Voy ETA ETD Feeder by DESTINATIONS WorW Lynn/ Johenna to TDM «m* Margrethe Maarak 9204 |UJLKl&£^^B!33|MLLliiißßXS^o3KElDllt£miliLlffi^Hi CV 17/3 0600 MRS Port BH HH HH HH HH HH HH CFS 16/3 235$ HRS Kalang
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      1504 34 R'DAM/ ggIHT IMMTIgf TTTIMI VOY NO 8 PORE JEOOAH SHAMTON H'BURQ ANT LE HARVE MQ MOECMBT EXPRESS 03/310 15/3 1/4 3/4 6/4 7/4 KAQA 23/111 19/3 26/3 11/4 7/4 6/4 nWHn HANNOVER EXPRESS 07/311 23/3 6/4 10/4 13/4 14/4 SL'ggr KURAMA 16/112 26/3 4/4 18/4 14/4 13/4 PWT WIAIW S
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      709 34 BKASPAC IKK VICE flfll |f MiMIBJI DMECT SOUTH PACIFIC SERVICE •in nou suv ppt PALCMBANQ 3301 EB M-f'J 7/4 10/4 14/4 COPIAPO 3403 KB 8/4 38/4 27/4 3/« Trarwlt Tim# (13) (1*) (22) ALIO ACCEPTING CMQO VIA IUVA TO: LAUTOKA, MOO PAOO. APIA, NUKUALOFA. P. VILA wm TOCItS/fCTV •IN vap
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      1477 34 QmaMMim REGULAR INDEPENDENT FULL CONTAINIR SERVICE WESTBOUND FOR EUROPE WL/Wf «R ALS Kl HAM BRf ROT ANT Ftl LHA SSI fflk ff, NOR AHA tAMANTHA 9202-3 11/03 01/04 01/04 12/04 13/04 U/04 15/04 11/04 17/04 NORASIA HNGA 9203-3 22/03 13/04 19/04 19/04 20/03 22/04 22/04 23/04 24/04 NORASIA SUSAN 9204-3
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      1887 35 fr m STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****68 Fa#: *****17 DUE SMS jpO* B'KOK 2KS Vo3€ lAjara. Skin, T»w In Ft 13 Mar ?i STRAITS VENTURE VOCE Mutra Lab KK In Pt 14 Mar INGENUITY V.175N 15-19 MAR IHI MM STRAITS
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      Page 35 Advertisements Column 2
      2591 35 Wv V SINGAPORE AGENT: P&O Container. (Singapore Agencies) Pte Ltd A. OAJ 15 Hoe Chiang Road #08-02 to 06 Sanlord Building Stag*"*^2oB M Tel 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 Y CR Number: **********0Z EXPORT IMPORT VISBCL VOT 'MM -PKQ MM ALQ SOU AMI HOT HAM
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      518 36 cn NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI/VOY SPORE ROATAOAM H'BIIRG BREMEN ANTWERP ymm/ym 15/4 18/5 23/5 27/5 30/5 KUTAI/2598 2/5 5/6 10/6 14/6 17/6 PA6T TRANSIT TIMI ACCimNQ BRIAKBULK/CONTAINIM6ID CAHOO •abject to Inducement. Alm aooaptlng oargo to CaMbicnoa, Port told, Port Alexandria, Oanoa, Trloata. ALSO ACCEPTING BOTH
      518 words
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      Page 36 Advertisements Column 2
      1310 36 (g) HANJIN SHIPPING~| FOR VSL SM LINE HAU. LOB OAK FOR V9L 9N I UNJ** "Jf HANJM VANCOUVER OME 14/3 ORECT 5/4 9/4 HANJM KUNSAN 0721 16/3 lIIBBIMBB OME M/ 4 24/4 29/4 HANJW SEATTLE 022E 22/3 ORECT 12/4 15/4 FWMUARO BAY 204N 23/3 N JMJJAHJ J/J »/J HANJM HOMKOM
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      1373 36 i -j .jjmm m W IK M( HI U Ml OR N1 H TTO IU C« H «YC IM WW tOM T» CM MP I Htl KIN 17/) 11/1 M/l n J 17/J N/1 11/1 1/4 1/4 4/4 S/4 17/4 71 4 1/9 f/S 11/} 11/5 14/1 19/9 11/S M
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      1908 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) J? BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 jgggJS AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 BSC nepline sdn bhd
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      Page 37 Advertisements Column 2
      873 37 m sinsov SINGAPORE SOVIET SHAPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQWRES: *****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 j EASTKMP—OBCHMMW WPTIOUW-KMwis HWCMPfIP W WTTBOMi ww l»
      873 words
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      Page 38 Advertisements Column 1
      1573 38 W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/B^9 1 1.1 |\l M MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD M, A X B V TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 ■ail KAWASAKI KISEN KAISHA, LTD INDONESIA:
      1,573 words
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      Page 38 Advertisements Column 2
      774 38 PHILI-OM€NT UN€S PTC LTD 4% W 108 Robinson Road *07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 Of 6 BY AIR, LAND OR SEA.... ,486k m WE TAKE ON THE WORLD FOR YOU 'mp MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AvrnuuAMCW zealamd&outh pacific fciacl scmnct
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      Page 38 Advertisements Column 3
      346 38 /CZn! GOLDEN LINE GUAN GUAN StVPMG l£SX\ (PTE) LTD a, Tatt »m Street SMOPOK 1104 TU: 5343 M (II1MB) F u *****04 (CI He. MUWW> muiTi/wMuii cult mna S pore P K elanj Penanf GOLDEN STM Cslotiito Karadn/Dutai 22/24 GOLDEN MMQt Cdombo/Kiradii/Diibii 1/11 Apr china mna m China Port 17/1*
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      1068 39 PACIFIC INTERNATIONAL LINES (PTE) LTD gg gg 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 MWff* i [Bangkok n: VESSEL WOV SIN JKT SIN KSR2IO fin »/3 *4/3 KOTA RAKYAT 111 IS/3 17/3 22/3 O KOZ'NTMV 1«N 17/3 20/3 24/3 BUNOA TERATAJ 113 17/3 IS/3 24/3 pjH ai/3
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      Page 39 Advertisements Column 2
      1124 39 EacßenV I F CLASS CONTAINER TRANSPORT FEEDER VESSEI" PENANG PKELANG I OCEAN VSL/VPY SIN SOU (t RTM (2) HAM (3) GOT (4) ANSON/TBN 11/3 14£3 AROSIA 2102 17/3 3/4 514 6/4 8/4 ANSON/TBN 20/3 2W3 NIHON 2112 24/3 10/4 12/4 13/4 15/4 ANSON/TBN 27/3 28/3 BENARTY 2122 31/3 17/4 19/4
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      Page 39 Advertisements Column 3
      515 39 M MYANMA Ufe FIVE STAR LINE (Myanmar National Line) Loading for Yanfon (Rangoon) Sparc P.KIf Pon P.Gd| MYOMA TWA VI4OW In Pi M AVA VII4B 14/11 Msr Ir PI SM HPA-AM V ***** 12/14 M» PAGAN VI lON 11/21 Mar ffIYA Vl2l* 25/27 Mw 21/24 Mar A I SEMI-CONTAINER SERVICE
      515 words
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      627 40 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VESSEL NT SP PR KM M Sill PW 41 SM SM lAAI HI. AN* 11 SM 11/3 SEII MEISa SM 11/3 TRANS AUTO 37 14/3 11/3 NAME NOON 23 14/3 CBSUK CHALLENGER IS 11/3 19/3 sarni 12 21/3 2S/3
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      Page 40 Advertisements Column 2
      73 40 REGULAR CONVHnTONALSERvicEV [Spore PKelang Loading for I FURM 11/3 21/3 Rdm/Atw/UK I M 10/4 14/4 Rdm/Atw/UK/Nantes I [Spore Loading for -I LISf 17/3 Hodeidah/Jeddah/Aqaba/Port Said I GEMINI 17/3 Oubai/Dammam/Bahrain/Kuwait I PUMA 20/3 Aden/Hodeidah/Jeddah I [Spore Loading for PAN MARINER Los Angeles/New Orleans/ I Charleston/Norfolk/Camden I OCEAN GOLD 25/3 Los Angeles/New
      73 words
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      Page 40 Advertisements Column 3
      101 40 BEUING CHANGCHUN CHANGSH^^pfc^ CHENGDU CHONGQING FUZHOU GUILIN HARBIN KUMMING NANNING QUANZHOU SHEKOU SHENYANG SHENZHEN WUHAN XIAMENXIAN ZHENGZHOU Cr% OOHgOfIO /SHENZHIN SHIPPING Tel: 227 4788 Fax: 227 2Q83 5^ [5551 EUROPE/S.E.A. BREAKBULK SERVICE VESSEL PNBL m Bl BREMEN 7-10/2 ANTWERP 11-15/2 TO PORT KELANG 15/3, SINGAPORE 17/3, HONGKONG, KAOHSJUNG, OSAKA, CHWA
      101 words
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      Page 41 Advertisements Column 1
      965 41 JT Nedlloyd NEDLLOYD TAKES GOOD CARE OF SMALL PARCELS Nedlloyd Lines L,,: l 'i" 1 !i' 1(0+ 3 jR ff/j sr jr k» 3~"* < 3" F" IT 3" ST B Setoia/835 W Bhum/563 13/3 12/3 N. Delft/2052 17/3 4/4 5/4 7/4 8/4 6/4 7/4 8/4 N Rotterdam/2107S 28/3 30/3
      965 words
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      793 42 TO AUSTRALIA/NEW ZEALANO p5 Tsi |Fr*m lltok llyd lak* ]Wf |P CMALM ELLEN HUOK m 70/3 2775 1/4 4/4 10/4 "12/5 MWSSfI m 11/4 19/4 23/4 17/4 3/5 S/J c verolk "ii/ 5 i/» «7» i*7» TiTs "TiTa Inthweiipen no u/s 17/5 22/s TTTs 2/i sTi TO USA/CANADA *5 [ta
      793 words
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      Page 42 Advertisements Column 2
      873 42 EXPORTS TO HONGKONG, TAIWAN, MANIA JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUND YOY m FEN «T SWIfEHRG KAO KH TYO YOK MC NGO KOB ||~tt"»a VOY ISM |PKL PEN ttW MN AC» UY 218 **9 3 **11.3 U 3 13.3 17 3 19.3 24.3 24.3 213 28.3 AC! BMW 47A
      873 words
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      Page 42 Advertisements Column 3
      156 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD it* rr» na ra ran kuk hmm ft* MK 20/1 LMdMf »0< MM WW MUDHtt 21/3 lMd«| tor CUcutU conw >2/3 h ft load* For MM (om**) men vw sw iMdmt For MM DONAKUU4 21/1 LoaM For Fttaarn PMNKS LBn 5/4 loadmi
      156 words
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      Page 42 Advertisements Column 4
      1609 42 'to f CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE MAIATW-S worn: SMGAPORE'S GENERAL AGENTS WO*SM S MENH CHUNG CHiAO SHIPPING SON BHD COSTAR SH*>PING PTF I ID P-T- GLOBAL PUTKA W. Til 44MM1/I7 FAX: 4425M2. ***** Mt LIU INDONESIA MAR IT ME f KLANG —IE MMIM/I TU MA *****
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      648 43 i(t FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 S' HOT LINE *****33 (24 LINES GUARANTEED 3 TIMES SAILING WEEKLY LCL SERVICES FROM KOBE OSAKA TO SINGAPORE I VESSEL NAME I VOY WO |EX KOBE |EX OSAKA I ETA SIN ACX LOTUS 23A 13/03 16/03 24/03 ALIGATOR
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      Page 43 Advertisements Column 2
      843 43 bgt RICHFIELD MARINE AGENCIES (S) PTE LTD fB TEL: *****33 (12 Unn) S FAX: *****15/*****03 J TELEX: R8 ***** RISHIP (3 Llhm) ETHIOPIAN SNIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOAOING FOfl SPORE ABYOT 28W0 15/04 DARE SS ALA AM MOMBASA DJBOUT' ASSAB
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      Page 43 Advertisements Column 3
      547 43 JAKARTA BANGKOK m wr 1 m «t |wna Iw men* W 134S 14/03 17/03 IMM —I## UN Mw U/03 BENiA BHUM 25S U/03 21/03 MAHA BHUM a gg s«t 14 03 Tin 17/03 AKA BHUM I_35S 21/03 24/03 NANTA BHUM «1W Smi 15/03 Wxl l«/»3 ■QUA BHUM 2<5 25 03
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      Page 43 Advertisements Column 4
      320 43 Baa&a ram VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SM MM SM TIGER STAR lON M PORT 21-23/03 29-30/03 TIGER BRDGE 195 M 17-16/03 23-25/03 30-31/03 TIGER SPEED 196H 23-24/03 23-31/03 05-06/04 VSL VOY SMGAPORE/CALCUTTA/SMGAPORE VESSEL VOY SM CM. SM TIGER RIVER 146CN8 14-15/03 20-21/03 27-26/03 EAGLE BREEZE 090 19-20/03
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      1554 44 j M AC-NELS STORE IMPORT: *****11 I 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 COCOMBQ& AFRICA PEN PK SIN p S,N Colombo 14/3 20/3 21/3 15/3 16/3 17/3 Ldn/Flx/Rdm/Ant Durban/Pt Louis 14/3
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      Page 44 Advertisements Column 2
      263 44 BLUE STAR LINE TO FROM ZEALAND AND T/S TO FIJI TO AND FROM~NEW ZEALAND PORTS SIN NPt AKI SIN PIKMItR 17$ */J »/4 JJJ- n MULBfRA 27S 8/4 AUST STAR 0511 21/4 3/5 WA 5 5 21/5 FULLY CONTAINERISED SAILINGS DISCHARGING AT NEW PLYMOUTH LYTTELTON, ACCEPTING FCL LCL FOR AUCKLAND,
      263 words
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      Page 44 Advertisements Column 3
      1172 44 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAO #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TLX: RS Sb'SSS* TOSOCO CONVEMnONAL/CfIMTAIMKH I fOfct AMUMPVICM SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA vessel Ivor In* lidest vessel »qt spott p. kiuuic KIM SOON LI 49/92E 16 MAR PENANG EQUATOR JEWEL 63N 16
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      Page 45 Advertisements Column 1
      848 45 isivma*im 11 COMPANIA PERUANA XBEX DE VAPOREB "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI, HO* OTHER PERUVIAN PORTS* WITH T/I AT KOBE ON CPV THROUGH BILL OF LADING. "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM KOBE. YOKOHAMA, NAGOYA, MO*. TOKYO*, MANILA*, OAVAO* Ptnini* f
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      Page 45 Advertisements Column 2
      490 45 CZ3Z I MlSl N.AMERICA/CARRIBEAN SERVICES K9«l jvOT |HW IMWIIKI I*o* M' M TC p*— mtill Ml ill \migj 11 lyfl |/j :m iah.E.JV nv Iflll P" taUA KMM 1/a yi J/1 LI mmm linif lw i|w 35 (i i? ft /I M aigHCYH lllf IM im MUTCH I M nM
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      Page 45 Advertisements Column 3
      451 45 MIDDLE-EAST/PERSIAN GULF ACCEPTING PCL/LCL DUBAI. DAMMAft SMARjAH DOHA MUSCAT BAHRAIN ABU DHABi BANDAR ABBAS JEOOAH FAR EAST ACCEPTING! PCL/LCL PENANG P/KEIANG JAKARTA BANGKOK HONG KONG TAIWAN lAPAN MANILA KOREA UK/EUROPE ACCEPTING PCL/LCL LONDON FELIXSTOWE. LEEDS. TItBURV ABERDEEN LE HARVE HAMBURG ROTTERDAM. ANTWEP GOTHENBURG COPENHAGEN t ALL OTHER EUROPEAN PORTS INDIAN
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      Page 45 Advertisements Column 4
      538 45 SHH| ASEAN/CHINA SERVICES VESSEL SGP PK PNG P 6UOANC NTN FOR Q SHAN 10/03 HUAN6PU/SMARBHAI f qu 17/01 OM.IAN/QMQOAO Madras/Colombo/bom bay/karach! services SGP PK PNG TANGOON KTN FOR I f QUAN MPT COLOMBO TH SHAN 11/03 MADRAS COLOMBO I. TANG 10/04 MAORAS/COLOMBO BINGAPORE/IAADRAB/SINGAPORE FCLA.CL SERVICES SGP MDS TON 12-13/03 20-11/03
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      Page 45 Advertisements Column 5
      465 45 £j£ FAI EAST 16/3 KEELUNG/KAOHSIUNG 16/3 BANGKOK 15/3 MANILA/CEBU 15/3 JAKARTA/BELAWAN/SURABAYA 15/3 PORT KELANG/PENANG/E. Malaysia 21/3 BUSAN 22/3 TOKYO/YOKO/KOBE/NGO/OSA 21/3 HONG KONG jiH 21/3 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo ii mmm 15/3 LDN/FLX/LVP/SOU 15/3 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Ctech. iIH m/umk 15/3 LOS ANGELES/NEW
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      Page 46 Advertisements Column 1
      744 46 wT FIL CONTAINER SERVICES PTE LTD 1 MADRAS CALCUTTA VI »IH/MAOBA» VL SIN/CALCUTTA jD MAA JM SM CM SIN KIT IVUUIE 14-15/03 21-23/03 29-30/03 NEXT MAIMLE 14 15/03 20 21/03 27-21/03 17-10/03 23-25/03 30-31/03 19-20/03 20-30/03 05-00/04 23-24/03 25-31/03 05-00/03 23-24/03 30 03/04 09-10/04 JAKARTA DUBAI HONGKONG VOL OIN/JAKARTA VOL
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      Page 46 Advertisements Column 2
      431 46 nontenmj CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— BANGKOK 16 MAR '92 I FREMANTLE 14 March AUCKLAND 26 March EUROPE 21 March GOTHENBURG 15 March PENANG 16 March PORT KELANG 16 March JAKARTA 17 March MELBOURNE 15 March SYDNEY 15 March @*****33 (KATHLEEN/ NICHOLAS/ MARILYN)
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      Page 46 Advertisements Column 3
      527 46 BNext Week's Sailings T° Singapore o: Singapore Port Kelang 22.03.92 Los Angeles 22.03.92 (Onforwarding To Mid West/ Port Louis 27.03.92 East Coast of USA) fk Singapore Tel: *****22 I Fax: 779 2738 Esther Yap Johore Tel: 07-*****8 &£MjQ Fax: 07-*****3 Alfred Ng 77S4ACTZAV/C I INCHCAPE SHIPPING SERVICES (S) PTE LTD
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      Page 46 Advertisements Column 4
      458 46 mmmm MANILA ETA VIGOUR PACIFIC 28MB 14/3 VIGOUR SINGAPORE 22N8 21/3 BANGKOK 15/3 22/3 BUSAN 16/3 23/3 HONGKONG 14/3 21/3 DURBAN PT LOUIS 16/3 29/3 KEELUNG 16/3 23/3 USA 16/3 23/3 PT KELANG 17/3 24/3 KOBE 16/3 23/3 PIRAEUS 14/3 20/3 OSAKA 18/3 2S/3 JAKARTA 17/3 24/3 DUBAI 19/3 26/3
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      Page 47 Advertisements Column 1
      271 47 Oc vOc \Oc Oc Oc OcOc V VAN OMMEREN CETECO GROUP U > TRANSPORT DIVISION > X VOTAINER CONSOLIDATION SERVICES: jJ THE ONLY CONSOUDATOfi WITH WORLDWIDE NETWORK J Weekly FCLACL Services To/From V J r iUROPE FAR EAST V Baltimore Votalner Consolidation Servloes Hamburg: Van Ommeren Hamburg GmbH, d'pore Vin
      271 words
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      Page 47 Advertisements Column 2
      15 47 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times
      15 words
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      Page 47 Advertisements Column 3
      91 47 YUSEN SSACARGO «M«2 agent of transcontainer limited CONSOLIDATION SERVICE^ TO FAR EAST:- KOBE, TOKYO, YOKOHAMA, OSAKA, HONGKONG, BANGKOK, JAKARTA TO EUROPE:- HAMBURG, ROTTERDAM, FELIXSTOWE (ALSO ACCEPTING FCL CONTAINERS.) YUSEN AIR SEA SERVICE (S) PTE LTD SOUTHPOINT #11-02 A, 200 CANTONMENT RD, SINGAPORE 0208 TEL (65) 227 4567 FAX: (65) 227
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      318 47 TIDES AND WEATHER TODAY'S TIDES (heflit in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 *****100 1200 1300 *****500 1600 *****800 1900 2000 2100 2200 2300 JR 15 18 22 25 2 7 2 7 25 22 18 1.4 12 10 09 09 10 12 14
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      Page 48 Advertisements Column 1
      1077 48 Every Saturday in Business Times HYUNDAI MERCHANT ro. LTO. EASTBOUNO FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FHDa VOY PXE PGP SB IK HAUt VOY KAO LBH OAK g« It HAUI 101 MO TCM/gA PTL NAM HAI 20C NOW 11/03 12/03 13/03 H. CHALLENGE It 4X 20/03 OC/04 09/04 12/04
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      Page 48 Advertisements Column 2
      469 48 IP jPfcTlhffi yk '»yl C I LmmEIM USA Mjjlj pJ lk.il Ww Australia New Zealand Far East Europe I s|lT| United Kingdom SIN JKT PKL PEN BKK MNL JOH BSB tel *****11 *****66 *****96 *****8 *****29 *****76 *****1 *****3 fax *****59 *****14 *****88 *****8 *****17 *****79 *****5 *****5 JEDDAH/UK/CONTINENTT ISfOK
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