The Business Times, 7 January 1993

Microfilm: NL18514
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE Business Times HEKNOH ASIA MITA (H) 552/12/92 Thursday, January 7, 1993 75*
    13 words
  • 2am LATEST
    • Article
      Lock icon US employment outlook slightly better
      67 1 Reuter NEW YORK The US December jobs report, due tomorrow, will show the labour market shared in the country's recent mild growth, although the pace of hiring remained relatively weak for a recovery, economists said yesterday. A survey of economic forecasts sees non-farm payrolls rising
      Reuter  -  67 words
    • Article
      Lock icon Irish central bank to raise overnight rate
      82 1 AP DUBLIN, Ireland The Irish central bank, confronting renewed speculative pressure against its currency, said yesterday that it would raise a key interest rate to 50 per cent from 14 per ccnt. The increase in the overnight support rate, at which the central
      AP  -  82 words
  • Article, Illustration
    MARKETS SUMMARY
    113 1 Stock market indices Wednesday Change STII 1,558.22 -4.13 KLSE Composite 633.66 +2.77 Nikkei 16,782.88 -59.7 Hang Seng 5,586.67 +38.64 SET Index 904 11 +13.2 Jakarta Composite ...274.84 +1.53 CLSA China B 1,079.87 +4.13 Aust All Ord 1,542.1 -22.7 FTSE 100 2,826.0 -7.6 Wednesday noon Previoas close Dow Jones
    113 words
  • Article
    Singapore venture capitalists pump more money into region
    667 1  -  Newly-formed association gets EDB backing By Helen Chang SINGAPORE Singapore's venture capitalists are putting more money into the region as competition for local deals gets tougher and the emerging Asian economies present new opportunities. Meanwhile, regional deals are getting bigger; more Asian
    667 words
  • Article
    Switch some funds from HK to S-E Asia: Merrill Lynch
    447 1  -  By Colin Tan SINGAPORE Investors should move some of their funds from Hongkong to South-east Asia until political disagreements between Britain and China over the territory are resolved, securities firm Merrill Lynch said. In its Asian Investment Strategy report released
    447 words
  • Article, Illustration
    New Indon bank tipped to take over Bank Summa
    412 1  -  By William Chia SINGAPORE Indonesia's Bank Arta Prima, which is owned by the Masagung family that controls the Gunung Agung Group, has emerged as the most likely candidate to take over troubled Bank Summa. Sources in Jakarta told BT yesterday that
    412 words
  • Article
    Lock icon Beijing dashes hopes of HK compromise
    130 1 Reuter HONGKONG China yesterday dismissed speculation of a compromise on Hongkong Governor Chris Patten's democratic reform plans, vowing to reject even any watered-down package produced by the colony's legislature. Mr Patten and his deputy Sir David Ford expressed hope this week that Beijing would
    Reuter  -  130 words
  • Article
    Lock icon China to invite Taiwan to unprecedented direct talks on unification: report
    225 1 Reuter HONGKONG China has decided to invite the archrival Nationalist government of Taiwan to hold unprecedented direct talks on reunification, the Far Eastern Economic Review has reported. here was no immediate independent confirmation of the report, which was being
    Reuter  -  225 words
  • Article, Illustration
    Hun Sen blames UN forces for inflation, housing problems
    511 1  -  Interview with Cambodian Prime Minister From Harish Mehta in PHNOM PENH CAMBODIAN Prime Minister Hun Sen has hit out at the United Nations' operation in Cambodia, saying it has not contributed to economic stability but has instead caused "real estate dislocations"
    511 words
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      104 1 i Bu rberrys j RFCD >» i S *T*«V Reigns when it pours XXXXkxXK HXXXXXXXKXXXXXXXXXXKKX CONTENTS News Companies S pore News 2 S poreM'sia 9.10 Reponal News 3-5 Reg»n/ln» 12 World News 7.8 Features Markets Analyse 27 Clob/KLSt. S£S .19. 20 Editorial 26 Regional 17 Sports 21 World 17 TV/Litestyle/Traw)
      104 words
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      53 1 The Law Page Bankruptcies: A messy matter, Pg 25 What's where in BT Having initial difficulty finding your stock prices and other services in the revamped Business l imes? Or where and when our specialty pages such as Regional Analysis will appear? Turn to Page 2 for a guide to
      53 words
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      28 1 Hock Lock Siew Doubts over NST-TV3 buftwth**y- Seavi planning to float 3 more Thai investments, Pg 3 Central bank wants experts in Bank Summa liquidation team, Pg 10
      28 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon eye on the ECONOMY
      287 2  -  MANIUfAOtRIINiG By Anna Teo PRICES of locally-manufac-tured goods continued to slide in 1992, falling almost 5 per cent in the year to November. Most of the drop in the Singapore Manufactured Products Price Index last year was due to the price slump in petroleum and other
      Source: Dept of Statistics  -  287 words
    • Article
      Management association is now a professional body
      195 2 AN ASSOCIATION of management consultants announced yesterday that it has been established as a professional body. The Institute of Management Consultants (Singapore) said its new status meant it was "ready to move ahead as a full professional body to recruit worthy and suitably
      195 words
    • Article, Illustration
      Lock icon Local enterprises post strong growth between '87 and '90
      424 2  -  EDB's new thrusts By Teh Hooi Ling THE annual output of local manufacturing businesses grew by 15 per cent a year from $2.5 billion to $3.8 billion between 1987 and 1990, the Economic Development Board said yesterday. Local companies with fixed
      Source: Register of Companies  -  424 words
    • Article
      25 firms apply for overseas assistance scheme
      214 2 ABOUT 25 local companies have taken up the government's call to regionalise, by applying for an assistance scheme to set up operations abroad. The Local Enterprise Finance Scheme (Overseas), which was launched in November last year, provides low-in-terest loans to companies expanding abroad.
      214 words
    • Article
      Seek markets in fast-growing Asia: Boon Heng
      403 2  -  By Anna Teo SINGAPORE will be consigned to slower growth if it continues to rely on the mature developed economies for growth instead of focussing on pace-setting East Asia, said Senior Minister of State (Trade Industry) Lim Boon Heng yesterday. With the US,
      403 words
    • Article, Illustration
      Cheaper private housing in '94, says don
      564 2  -  By Colin Tan PRICES of private houses and flats could fall in 1994, according to an academic from the National University of Singapore. Condominium prices could drop by as much as 20 per cent and landed property prices by 10 per cent, says
      564 words
    • Article
      Andersen Consulting sets up new business division
      291 2  -  By Joseph Rajendran MANAGEMENT FIRM Andersen Consulting has set up a new business division called Enterprise Consulting within the company. The division, comprising 10 employees, will initially help three Singapore companies to upgrade their operations, said a spokeswoman from the company yesterday. Andersen's
      291 words
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      316 2 Tour of BT HAVING TROUBLE finding stock prices, interest rates, currency rates and other items in the revamped Business Times? Here's a guide to where they appear now. Equities Singapore Stock Exchange all prices on the local stock exchange now appear on one page, the last page of the Companies
      316 words
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      31 2 Set Lunch $9++ Set Dinner 13.50++ Sukiyaki Barbecue Shahu Shalm RESTAURANT K#BE Tel: 734-6796 4th Mr. #04-06/07 Tilllellll Shopping (Vnirc Airllown koho lkvl also available Where to go for our magazines
      31 words
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  • THE REGION
    • Article, Illustration
      Lock icon South-east Asia geared for growth in next two years
      605 3  -  Broking house sees positive signs in world trade and investment inflows Reports by Amy Balan SINGAPORE A recovery in world trade, a spillover of regional growth, less domestic constraints as well as strong investment inflows will underpin growth in the region
      Source: Crosby Research  -  605 words
    • Article
      Some sectors may not do so well
      216 3 SINGAPORE Although confident that its optimistic growth forecasts for 1992 will materialise, Crosby Securities is cautious about 1993. Touching on various sectors in the region in its latest quarterly economic report, the broking house says the petrochemical sector a major contributor to Singapore's
      216 words
    • Article
      Lock icon Debt-servicing to eat up a third of Philippines' 309b peso budget
      229 3 AFP MANILA President Fidel Ramos yesterday signed into law a 309.4 billion-peso (SS 19.9 billion) Philippine national budget for 1993, almost one-third of which will go to servicing the country's foreign and domestic debts. The budget includes 55.1 billion
      AFP  -  229 words
    • Article, Illustration
      Lock icon Growing unease over Indon economic policy
      642 3 The Indonesian budget FT JAKARTA When President Suharto announces Indonesia's annual budget today, he is likely to paint 1992 as a year of consolidation setting the ground for a renewed, if moderate, increase in growth. Behind the imperturbable face of government, however, there is
      FT  -  642 words
    • Article
      Seavi planning to float 3 more Thai investments
      581 3  -  Loh Hui Yin By SINGAPORE After successfully bringing one of its investments to the Thai stock market last year, Singapore-based capital venture fund Seavi is working on three more public offers this year from its diverse investment portfolio in Thailand. First among
      581 words
    • ASIA NOTES
      • Article, Illustration
        Lock icon The next Japanese empress?
        112 3 Reuter TOKYO Japan's most eligible bachelor. Crown Prince Naruhito. has found a bride after a five-year search for the country's future empress. News reports yesterday said Masako Owada, 29, daughter of the most senior civil servant in the foreign ministry, has been selected as a bride
        Reuter  -  112 words
      • Article
        Lock icon Seoul to hold trade talks with Hanoi
        64 3 Reuter SEOUL South Korea and Vietnam, after establishing full diplomatic relations last month, will hold trade talks by June to lay the groundwork for expanded trade ties. Seoul's trade ministry said yesterday that the two nations' trade ministers would meet here to discuss
        Reuter  -  64 words
      • Article
        Lock icon China's biggest embezzling case
        75 3 AP BEIJING Eour people have been arrested in the biggest case of embezzling in China since the Communists took power in 1949, the official press reported yesterday. The People's Daily said in a front-page report that the chief culprit was Xue Genhe, the head accountant at
        AP  -  75 words
      • Article
        Lock icon Imelda adds new terms to draft pact
        87 3 AFP MANILA Former first lady Imelda Marcos said yesterday that her husband's body must be returned to the Philippines before she would agree to US$356 million in her Swiss banks accounts to be transferred here. The widow of deposed dictator Ferdinand Marcos said
        AFP  -  87 words
    • Article
      Lock icon Hongkong architect warns of cash drain to China
      699 4 Excessive red tape, planning delays may drive property developers away South China Morning Post HONGKONG Up to J HKS2OO billion (Ss42 billion) I could be drained to China by I delays in processing applica- tions for local infrastructure projects, a leading architect
      South China Morning Post  -  699 words
    • Article
      Lock icon Chinese may face severe energy shortage
      163 4 Knight-Rider BEIJING The government's top energy official has warned that China's new economic boom is outpacing its energy production and could make chronic power and fuel shortages even worse. The official China Daily said yesterday: "China's energ) shortages will become severe if the economy
      Knight-Rider  -  163 words
    • Article
      Lock icon Seoul plans sweeping amnesty to mark Kim's inauguration
      232 4 Reuter SEOUL South Korea will free thousands of political dissidents and criminals under an amnesty marking next month's inauguration of Kim Young Sam as president, government sources said yesterday. Mr Kim, elected president last month, will be installed for a single five-year
      Reuter  -  232 words
    • Article
      Lock icon S Korea can expect 6pc economic growth
      495 4 FT SEOUL The South Korean economy is expected to improve this year, with the current account deficit shrinking and prices stabilising. Government agencies and private institutes yesterday predicted that gross national product growth will be around 6 per cent in 1993 against last
      FT  -  495 words
    • Article
      Lock icon Beijing likely to find Taipei in Gatt when it is re-admitted
      500 4 AFP HONGKONG China will probably be readmitted to Gatt later this year but Taiwan may have already become a de facto member of the international trade body, sources close to the on-going negotiations said yesterday. For this to happen,
      AFP  -  500 words
    • Article, Illustration
      High-flyer
      24 4 TOKYO A fireman performing traditional acrobatic stunts on a bamboo ladder during a New Year fire prevention demonstration at a shrine here yesterday.
      24 words
    • Article
      Lock icon Taipei officials offer to quit to make way for younger generation
      173 4 AFP TAIPEI Three top Taiwan officials have offered to resign to boost President Lee Tenghui's plan to make way for fresh blood in the government, it was announced yesterday. The three top officials of the Examination Yuan, all aged
      AFP  -  173 words
    • Article, Illustration
      Lock icon Japan seeking new forum for trade talks with US
      461 5 Reuter TOKYO The Japanese government is considering a new forum for settling trade problems with Washington when US President-elect Bill Clinton moves into the White House this month, trade sources said yesterday. Senior government officials said Tokyo was strongly considering asking
      Reuter  -  461 words
    • Article
      Lock icon Foreign investors get cold feet after religious strife in India
      486 5 AFP NEW DELHI The demolition of the Babri mosque and Hindu-Muslim riots have dampened the spirit of foreign investors who last year pledged more than US$l billion (551.64 billion) in line with India's market reforms, officials say. A senior Finance
      AFP  -  486 words
    • Article
      Lock icon Aussie firms still wary about investing: banker
      397 5 Knight-Ridder SYDNEY The Australian business community is still hesitant to invest, put off by an unfamiliar low inflation environment and the forthcoming election, says the managing director of the Commonwealth Bank of Australia. "We still don't see a lot of evidence of (the
      Knight-Ridder  -  397 words
    • Article
      Lock icon Leading LDP official sees autumn elections
      176 5 Reuter TOKYO Japan is likely to hold general elections in the autumn after the government hosts a G-7 summit, according to a ruling party leader. Koko Sato, the number two in the party executive, said in a speech in northern Japan that the government
      Reuter  -  176 words
    • Article
      Lock icon Japanese firms' profits seen bottoming out this year
      513 5 Bloomberg TOKYO Corporate Japan will remain in trouble for much of this year but profits will probably rebound by yearend, following determined cost-cutting by many companies. Profits have been falling since the first quarter of 1990, after the Bank of Japan started
      Bloomberg  -  513 words
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      318 3 <$^M <h&^ When you take an Emirates First Class flight we'll give you a complimentary Economy Class ticket to the same destination, plus a shopping voucher worth up to $1400! The ticket is transferable to anyone you like, and both the ticket and the shopping voucher can be claimed as
      318 words
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      212 5 fllAl. iP*®la f ■at HI HI in I HI ill m ■a I i, II H» i HI I Lease a Waterside apartment; get a 'Country Club' and the sea as well WHY RENT Imagine life with All this, plus Two supermaifcets with #An Olympic length Brand new elegantly fitted
      212 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Lock icon Welcome to the Wild, Wild East
      2238 6  -  China's rapidly reforming economy is throwing up social ills thought long eradicated by the communists. Murder, extortion, drugs and vice are on the rise, and its neighbours, especially Hongkong, are jittery. Pete Engardio and Dave Lindorff report from Guangzhou and Hongkong Pete Engardio, Dave
      Sovrce: Guangdong Provincial Government; BW, Royal Hongkong Police  -  2,238 words
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      185 6 FIRST 400 TO WALK AWAY WITH MUSIC IN THEIR EAR 3TO WIN VIDEO-PHONE Subscribe now! The first 400 subscribers will each receive a BUI Sony Walkman Model WM-FXI2 with a complimentary Name D enclose: Cheque No.: Management Leadership cassette tape from Success Address Please charge to my Visa/Amex/Diners/Master Card Motivation®
      185 words
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  • THE WORLD
    • Article
      Lock icon Iraq threatens to recapture lost territory amid tension with US
      430 7 Baghdad faces ultimatum over units near no-fly zone AFP NYT BAGHDAD Iraq yesterday warned its army has recovered from the Gulf War and is ready to recapture lost territory amid growing tension with the US. The threat by Defence Minister
      AFP; NYT  -  430 words
    • Article
      Lock icon France notifies China of Mirage sale to Taiwan
      280 7 Reuter AFP PARIS France has officially told China it has approved the sale of 60 Mirage 2000-5 fight-er-bombers to Taiwan. "The French government confirmed to us that it had approved the contract signed by the Dassault company," a Chinese embassy spokesman told
      Reuter; AFP  -  280 words
    • Article
      Lock icon Syria and Israel held secret talks: paper
      372 7 Reuter AFP JERUSALEM An Israeli newspaper has reported that Israel and Syria held secret talks in a European capital within the last two weeks. The Jerusalem Post, quoting senior Israeli officials, said yesterday that the meeting was "ostensibly" outside the framework of Middle
      Reuter; AFP  -  372 words
    • Article, Illustration
      Erasing memories of hate
      40 7 MONTREAL A Holocaust survivor wiping a swastika off a wall at his synagogue on Tuesday. Several synagogues in the area were defaced over the weekend. Montreal has one of the world's highest populations of Holocaust survivors.
      40 words
    • Article
      Lock icon EMS may collapse if French pull out or devalue franc, says Poehl
      280 7 Reuter MUNICH Karl Otto Poehl, former president of the German Bundesbank, has warned that the European Monetary System (EMS) could collapse if France is forced to withdraw from it or devalue its currency. "If France was forced to
      Reuter  -  280 words
    • WORLD WATCH
      • Article
        Lock icon Seoul still awaiting Moscow payment
        87 8 Bloomberg SEOUL Russia has still not paid South Korea a US$6.3 million (S$ 10.3 million) interest payment due on Dee 15, and officials at the Russian embassy here are unable to say what happened to the money. Russia owes South Korea money and aluminium ingots
        Bloomberg  -  87 words
      • Article
        Lock icon Salinas appoints new officials
        71 8 Bloomberg MEXICO CITY President Carlos Salinas de Gortari, who named three new Cabinet offieials at the start of the week, appointed four new officials to government positions on Tuesday. Mr Salinas, whose term expires in 1994, didn't give any reasons for the changes. Among the new
        Bloomberg  -  71 words
      • Article, Illustration
        Lock icon Porsche unveils new model in US
        38 8 Reuter DETROIT German car maker Porsche introduced its 911 Speedster in the US yesterday at the North American International Auto Show. The model will be available in the US by spring. Reuter
        Reuter  -  38 words
      • Article
        Lock icon Row over more Democratic votes
        90 8 Reuter WASHINGTON The Democrat-controlled US House of Representatives gave five Democratic delegates a limited vote on Tuesday in what Republicans angrily called a raw power grab by Democrats to give themselves even more House control. "This is an outrage," said Assistant Republican Leader Newt Gingrich.
        Reuter  -  90 words
      • Article
        Lock icon Call to use oil weapon for Bosnia
        70 8 Reuter ANKARA Turkey believes Muslim producers can use the oil weapon to force international military action against Serbs in Bosnia, Foreign Minister Hikmet Cetin was quoted yesterday as saying. "Oil is the greatest weapon at the hands of Islamic countries. They are the
        Reuter  -  70 words
      • Article
        Lock icon Kuwait to crack down on fraud
        86 8 Reuter KUWAIT Kuwait's Crown Prince has pledged to crack down on those involved in misusing public funds in a multi-billion-dollar scandal that has rocked the emirate less than two years after its liberation from Iraqi occupation. Sheikh Saad al-Abdual-lah al-Sabah, who is also the
        Reuter  -  86 words
    • Article, Illustration
      Lock icon Bush backs selective use of force
      373 8 But outgoing president opposes global policeman role for US FT Reuter WASHINGTON US President George Bush has proclaimed his belief in "the selective use of military force for selective purposes" in order to ensure that a new world democratic order is sustained. But he
      FT; Reuter  -  373 words
    • Article
      Lock icon Wider US deficits set to put Clinton in tight spot
      471 8 AP WASHINGTON US President George Bush's final Budget will predict federal deficits even higher than he anticipated just last summer, says a top Republican congressional aide. The higher numbers will make it all the more difficult for President-elect Bill Clinton
      AP  -  471 words
    • Article
      Lock icon Ukrainian official off to US to explain delay in ratifying Start-I
      294 8 Reuter KIEV Ukraine's top nuclear arms negotiator flew to the US on Tuesday to explain the former Soviet republic's delay in ratifying a key nuclear arms pact. In interviews before his departure. Deputy Foreign Minister Boris Tarasyuk said that
      Reuter  -  294 words
    • Article
      Lock icon EC says mid-January Gatt deal possible
      341 8 Reuter BRUSSELS The European Community has instructed its officials to do everything possible to reach a Gatt world trade agreement by mid-January, EC Foreign Trade Commissioner Leon Brittan said here yesterday. Sir Leon, who has just taken over responsibility for the General Agreement on
      Reuter  -  341 words
    • Article
      Lock icon French PM sees growing American assertiveness
      218 8 Reuter PARIS The end of the Cold War has laid bare the commercial rivalry of rich countries and made the US more assertive, says French Prime Minister Pierre Beregovoy. In an article in Le Monde on Tuesday, he said the more demanding stance of
      Reuter  -  218 words
    • Article
      Lock icon British money supply figures boost hopes of recovery
      397 8 Reuter LONDON Hopes that the British economy might be turning the corner after a prolonged recession got a boost on Tuesday when official figures showed the supply of cash in the economy remained strong last month. Bank of England figures showed the
      Reuter  -  397 words
    • Article
      Lock icon US farm credit programme under fire
      215 8 AFP WASHINGTON The US Department of Agriculture (USDA) has offered billions of dollars in guarantees to countries who were never likely to repay their loans. Congress" accountants have charged. Notable among the nonpayers were Iraq, which had refused to repay a loan of US$l.9
      AFP  -  215 words
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      85 7 The top-of-the-range Peugeot .v, 605 renders beautiful all that Is aab Qgjt- functional and functional jUßkt that is beautiful, it offers the 888 kind of luxury discerning Individual. -;«Kcessful executive who' pre- k'\ H H ymtettona out of .the HgpMoteqs IS more man an It C3HT ttl3t IS a ADVANCE
      85 words
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      190 8 This announcement appears for the purposes of record only January 1993 OVERSEAS UNION BANK LIMITED (Incorporated in the Republic of Singapore) RIGHTS ISSUE of 85,395,465 new ordinary shares of $1.00 each on the basis of one (1) new ordinary share of $1.00 each for every four (4) existing ordinary shares
      190 words
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      7 8 Editorial: Still a world policeman. Pg 26
      7 words
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  • COMPANIES & MARKETS
    • Article
      DBS forms broking tie-ups in Sri Lanka and Thailand
      412 9  -  By Quak Hiang Whai SINGAPORE The DBS Bank group has forged two new broking alliances in Sri Lanka and Thailand. In a statement yesterday, the Singapore banking group said it teamed up with Sri Lanka's National Development Bank (NDB) and Seylan
      412 words
    • Article, Illustration
      Lock icon Noel Hampers expands to Indonesia
      411 9  -  Reports by Kooi Cho Teng SINGAPORE Noel Hampers and Gifts, which is said to be gearing up for a Sesdaq listing, has expanded to Indonesia in an effort to boost turnover. It is also eyeing markets further afield Hongkong, Thailand and Taiwan and expects to
      Photo by Arthur Lee  -  411 words
    • Article
      Indonesia's Sahid Group to expand hotel chain to Malaysia and Thailand
      259 9 SINGAPORE Indonesia's Sahid Group, which owns 84 per cent of listed Sahid Jaya Hotel and Tower, intends to expand its hotel chain to Malaysia and Thailand. The plan was announced yesterday by Exacty Sryantoro, daughter of founder chairman Soekamdani
      259 words
    • Article
      Realmild needs real plan to pay for NST-TV3 buyout
      492 9  -  HOCK LOCK SIEW By Leslie Lopez KUALA LUMPUR Four senior executives of Malaysia's largest publishing group. New Straits Times Bhd, propose to make corporate history this week with their planned management buyout of the company and a private television station, Sistem
      492 words
    • Article
      Tonhow pays $50,000 in out-of-court settlement
      198 9 SINGAPORE Scsdaq-listed Tonhow Industries Ltd has paid Cerce Manufacturing (SEA) Sdn Bhd $50,000 as settlement for a breach of agreement which led the Malaysian company to sue Tonhow two years ago. The out-of-court settlement followed a Singapore High Court action by Cerce seeking unspecified
      198 words
    • Article
      Lock icon Setia forecasts M$9.8m pre-tax profit
      493 9 MBT KUALA LUMPUR Syarikat Pembinaan Setia Bhd, soon to join the Kuala Lumpur Stock Exchange second board, has forecast a pre-tax profit of MS9.B million (556.2 million) for the year ending Oct 30, 1993, a high level of earnings for a second board company. Managing
      MBT  -  493 words
    • Article, Illustration
      Lock icon SUMMARY
      340 9 Source: Bridge Info Performance of Sill's index stocks Jan 6 Lasl Sin Mi S<«cfc sale Char factor aown (V) Avimo I 830 0 050 I 56 9.62 (*< 6850 5.78 Ccrctx* 4 480 0 020 3 71 3.85 okl Store 2.750 0 020 2.32 3 85 l-AN ***** 9
      Source: Bridge Info  -  340 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon Status quo for Magnum's China tie-up
          83 10 MBT KUALA LUMPUR Magnum Corp and Dunlop Estates have announced that the status of the joint-venture lottery operation in the Chinese province of Guangdong remained unchanged from that stated in their letter on Dec 12, 1992. They said this in separate statements in reply
          MBT  -  83 words
        • Article
          Amcol loses group general manager
          71 10 SINGAPORE Ang Ah Lay has ceased to be Amcol Holdings Ltd's group general manager (corporate development) and alternate director to Lo Ka Chung. This is because Mr Ang left Suntec Investment, which is a substantial shareholder of Amcol, to become group general manager of Malayan
          71 words
        • Article
          410m-peso contract from CityDev unit
          46 10 SINGAPORE City Developments Ltd's Philippine subsidiary, Grand Plaza Hotel Corporation, has awarded a renovation contract worth 410 million peso (Ss26 million) to Federal Builders Inc. The contract is for the renovation of the Manila Plaza Hotel, formerly The Regent of Manila.
          46 words
        • Article
          Foreign holdings in OCBC warrants
          63 10 SINGAPORE Foreign shareholders have raised their share of OCBC Bank's 1994 warrants to 38.06 per cent and reduced that of the bank's 1995 warrants to 39.91 per cent. The previous stakes, at end-September 1992, were 37.56 per cent and 39.99 per cent respectively. Foreign shareholders'
          63 words
        • Article
          Knowle no longer a substantial holder
          77 10 SINGAPORE Knowle Trading Pte Ltd, which is windingup voluntarily, has ceased to be a substantial shareholder of L&M Group Investments Ltd following an interim distribution of the former's assets last week. Knowle was last known to have a 7.48 per cent stake in L&M.
          77 words
        • Article
          Lock icon London & Pacific to be listed tomorrow
          57 10 London Pacific to be listed tomorrow MBT KUALA LUMPUR The entire issued and paid-up capital of London Pacific Insurance Co (Lonpac) comprising 19.8 million ordinary shares of M$ 1 each will be admitted to the Official List of the Kuala Lumpur Stock Exchange. The shares will be listed and quoted
          MBT  -  57 words
        • Article
          Corrections and clarifications
          52 10 IN reporting yesterday that "Shangri-La takes 10 per cent stake in sister company Kerry (Shanghai Centre)", we said that Shangri-La's acquisition would have a significant eficct on its earnings per share and net tangible assets per share. The company has since said otherwise. We are sorry for
          52 words
      • Article, Illustration
        Lock icon KL firms mopped up M$3.7b through rights issues last year
        418 10 MBT KUALA LUMPUR Malaysian public-listed companies raised a whopping M 53.76 billion (552.41 billion) by way of 26 rights issues in 1992, about 10.7 per cent more than the M 53.40 billion tapped from the market in 1991. In 1990.
        MBT  -  418 words
      • Article
        Lock icon Pre-tax profits on KLSE rise sharply to M$16b
        547 10 MBT KUALA LUMPUR Companies listed on the Kuala Lumpur Stock Exchange have announced an impressive MS 16.29 billion (S$ 10.42 billion) in pre-tax profits in 1992 against MS 12.14 billion a year before, according to the Malaysian Investors' Association. MIA. in its
        MBT  -  547 words
      • Article
        Central bank wants experts in Bank Summa liquidation team
        402 10  -  From Maggie Ford in JAKARTA INDONESIA'S central bank has demanded that the team of liquidators appointed to manage the winding up of Bank i Summa. which was suspended last month, be enlarged to inj elude experts such as public accountants, lawyers
        402 words
      • Article
        Lock icon Wharf buys 40pc stake in Shanghai property venture
        204 10 Reuter HONGKONG The Wharf (Holdings) I.ld has taken a4O per cent stake in a joint venture to build a residential and commercial property development in central Shanghai costing an expected US$67 million (SSI 10 million). Development of the project, to be built
        Reuter  -  204 words
      • Article
        Lock icon Union Paper's outlook for current year unchanged
        207 10 MBT KUALA LUMPUR Union Paper Holdings (UPH) does not foresee any change in its prospects for the current year in view of the prevailing competitive and difficult market conditions. The group recorded a lower pre-tax profit of M 52.22 million (551.42 million) for
        MBT  -  207 words
      • Article
        Lock icon Long-suspended KLSE firm to be revived through revamp scheme
        446 10 MBT KUALA LUMPUR The Tropical Veneer Company (TVC). which has been suspended on the Kuala Lumpur Stock Exchange (KLSE) since Oct 23. 1975. will be revived soon through a restructuring scheme by its liquidators. Hanifah Noordin and Michael Yee Kim Shing.
        MBT  -  446 words
      • COMPANY BRIEFS
        • Article
          Lock icon Digital satellite TV proposal
          108 12 AFP TOKYO Japan's Toshiba Corp and Mitsui and Co Ltd have teamed up with General Dynamics Corp to propose a digital satellite television venture with Star Television of Hongkong, company otYicials said. The officials said talks were still underway for the venture, expected to involve an
          AFP  -  108 words
        • Article
          Lock icon Critical time for cordless phones
          75 12 Bloomberg HONGKONG Hongkong conglomerate Hutchison Whampoa's CT2 British cordless telephone network faces a critical first six months in 1993, group managing director Simon Murray said. Mr Murray was responding to a report in the private subscription of Financial Times Telecom Markets which said Hutchison's network,
          Bloomberg  -  75 words
        • Article
          Lock icon Buy Hongkong Land, says Lehman
          92 12 Bloomberg HONGKONG US brokerage Lehman Brothers has recommended that investors avoid the shares of Hongkong's real estate developers but buy the stock of office landlord Hongkong Land Holdings. In a report issued on Tuesday night, the brokerage said it remains bearish on the territory's residential
          Bloomberg  -  92 words
        • Article
          Lock icon Canon plans fax production in China
          79 12 UPI TOKYO Canon Inc will start producing low-priced facsimile machines in China next year, a leading industrial newspaper reported. The Nihon Kogyo Shimbun said the leading camera maker will invest more than 6 billion yen (Ss7B million) in constructing a new factory for its
          UPI  -  79 words
        • Article
          Toyota seeks 30pc Asian market share
          81 12 TOKYO Toyota Motor Corp plans to expand its market share in Asian countries other than Japan from the current 20 per cent to 30 per cent by the end of this century, a daily reported. The top Japanese carmaker will develop medium-sized vehicles specially
          81 words
        • Article
          Lock icon Asahi Glass to cut office staff
          106 12 Reuter TOKYO Asahi Glass Co Ltd will cut head office staff by 20 to 30 per cent from the current 800 as part of its rationalisation efforts, a spokesman said. He said the cuts will be made through transfers to affiliate companies and to
          Reuter  -  106 words
      • Article
        Lock icon China ready to deliberate securities draft legislation
        167 12 AFP HONGKONG China's first draft legislation governing its fledgling security exchanges is ready for deliberation after repeated revisions, the semi-offi-cial Hongkong China News Service said yesterday. This was disclosed in an ongoing seminar on the development of China's security market, held in Beijing,
        AFP  -  167 words
      • Article
        Thai Oil making share listing a priority this year
        569 12  -  Up to 25pc of company's shares may be offered By Loh Hui Yin SINGAPORE State-owned Thai Oil Company, which operates the biggest of Thailand's three refineries, is making a share listing its top priority this year. A senior executive of the
        569 words
      • Article
        Lock icon NEC to sell cheaper personal computers
        243 12 NYT TOKYO Japan's personal computer market, which has remained remarkably insulated from the fierce price-cutting elsewhere, finally seems to be facing a price war of its own. The NEC Corp. which controls more than half of the country's personal computer market, said it would
        NYT  -  243 words
      • Article, Illustration
        Lock icon Let's wait and sleep
        59 12 Reuter JAKARTA A stockbroker falls asleep during trading in the Jakarta share market. The market has been quiet since the collapse of a major private bank late last year involving one of Indonesia's most prominent business families. The family is being forced to sell its huge
        Reuter  -  59 words
      • Article
        Citic Pac raising HK$7.2b to finance major purchases
        285 12  -  From Catherine Ong in HONGKONG CHINA-CONTROLLED Citic Pacific is believed to have made a HK.57.2 billion (SS 1.51 billion) share placement to finance the purchases of a 12 per cent stake in Hongkong Telecommunications, two power plants in China and one waste-disposal
        285 words
      • Article
        Lock icon More HK firms want to list this year
        408 12 South China Morning Post HONGKONG Interest bycompanies planning to list this ypar has not diminished despite political uncertainty in Hongkong, with the stock exchange saying there are still plenty of enquiries and continuing case work. "Obviously people have been affected by the
        South China Morning Post  -  408 words
      • Article
        Lock icon Dow Jones introduces global stock index
        321 12 Knight-Ridder NEW YORK Dow Jones and Co has launched the Dow Jones World Stock Index, designed to provide a comprehensive measure of stock performance on a global scale. At the outset, the World Stock Index will he calculated as the major US and Canadian
        Knight-Ridder  -  321 words
    • FINANCE
      • Article
        Bangkok may allow non-bank financial firms to go into forex business
        379 13  -  By Paul Leo SINGAPORE Thailand's non-bank financial firms may be allowed to trade in foreign exchange as an incentive for them to separate their financing and securities businesses. Currently, only banks can trade in foreign exchange. Non-bank financial firms
        379 words
      • Article
        Lock icon Dai-Ichi Kangyo Bank ends Indian operation
        174 13 AP NEW DELHI A Japanese bank has pulled out of India, apparently over the recent Hin-du-Muslim clashes in India, but a banker said it was because of insufficient business, a newspaper reported yesterday. The Tokyo-based Dai-Ichi Kangyo Bank decided to end its decade-long operation
        AP  -  174 words
      • Article, Illustration
        Lock icon Call to retain HK mortgage finance rules
        349 13 South China Morning Post HONGKONG Commissioner of Banking David Carse has written to the colony's banks warning that dropping mortgage lending controls could trigger renewed property speculation. In a letter circulated this week, Mr Carse exhorted bankers to refrain from deals with property
        South China Morning Post  -  349 words
      • Article
        Bank lending up on property, commerce demand
        203 13 SINGAPORE Bank lending increased in October last year, according to figures released yesterday by the Monetary Authority of Singapore. The growth in lending was supported by demand from the property and commerce sectors and non-bank financial institutions, the MAS said in its latest
        203 words
      • Article
        Lenders renew Panin Bank's US$32m facility
        360 13  -  By Quak Hiang Whai SINGAPORE PT Pan Indonesia Bank (Panin Bank) has managed to get a USS32 million (5552.5 million) transferable revolving credit facility renewed despite unfavourable conditions in Indonesia's banking industry. The latest facility was arranged by Singapore-based Schroder International Merchant Bankers Ltd,
        360 words
      • Article
        Lock icon Credit card fraud, forgery widespread in S-E Asia
        360 13 Reuter KUALA LUMPUR Credit card fraud at»J forgery is rampant in South-east Asia, costing issuing firms millions of dollars in losses a year despite tighter controls, a senior industry official said yesterday. "The greatest credit card fraud in the Asia-Pacific is counterfeit
        Reuter  -  360 words
      • SMALL CHANGE
        • Article
          Lock icon Tokyo may use deficit-financing bonds
          94 14 Reuter TOKYO The Japanese government cannot rule out the possibility of issuing deficit-financing bonds this summer, a senior official of the ruling L iberal Democratic Party (LDP) was quoted as saying, koko Sato, chairman of the LDP's general council, was quoted by an aide as
          Reuter  -  94 words
        • Article
          Lock icon Call to form industry regulatory group
          77 14 Bloomberg TOKYO Japan's Finance Ministry is urging non-bank financial institutions to set up a self-regulatory body to monitor the non-bank lending business during the financial year starting in April, the Nihon Keizai newspaper said. The move is linked with the possibility of soon allowing
          Bloomberg  -  77 words
        • Article
          Lock icon Packer, Dunlap join Westpac board
          88 14 Reuter SYDNEY Westpac Banking Corp said Consolidated Press Holdings chairman Kerry Packer and managing director A 1 Dunlap had been appointed Westpac directors. Their appointment has to be confirmed by shareholders at the annual meeting on Jan 19. Westpac said after Consolidated Press acquired 10
          Reuter  -  88 words
        • Article
          Lock icon Indian banks told to limit bond deals
          74 14 Reuter NEW DELHI The Reserve Bank of India (RBI) advised commercial banks to restrict securities deals with individual brokers to 5 per cent of their total transactions. In a circular issued in Bombay, the RBI said a limit of 5 per cent of
          Reuter  -  74 words
      • Article, Illustration
        Aussie traders frantic for US dollars
        37 14 Futures traders making their last orders at the close of trading yesterday at the Sydney Exchange after the Australian dollar hit a five-year low of 67.08 US cents during the day
        37 words
      • Article
        Lock icon Top banker resigns as New York Fed president
        286 14 Reuter NEW YORK Gerald Corrigan, a major figure in US and world banking, said on Tuesday he is resigning as president of the Federal Reserve Bank of New York, effective Aug 20. The New York Fed president holds a permanent seat on
        Reuter  -  286 words
      • Article
        Lock icon Britain paying a high price for defending sterling
        375 14 Reuter LONDON Britain is facing a mounting bill for its unsuccessful attempt to defend the pound last September, with official figures showing a big fall in the country's reserves of gold and foreign currency in December. Treasury figures showed underlying reserves fell
        Reuter  -  375 words
      • Article
        Lock icon New Zealand central bank fails to hold ailing currency
        409 14 Reuter WELLINGTON A resolute hut badly bruised Reserve Bank of New Zealand (RBNZ) yesterday failed to defend its ailing currency despite three tightenings of monetary conditions, throwing domestic financial markets into turmoil. The battle, played out in a thin post-holiday market
        Reuter  -  409 words
      • Article
        Simex bags International Exchange of the Year award
        615 14  -  By Soh Tiang Keng SINGAPORE The Singapore International Monetary Exchange (Simex). which doubled its trading volume in 1992, has been named the International Exchange of the Year by a well-known London financial magazine. In a year which witnessed the arrival of Globex,
        615 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        140 14 Trading was quiet yesterday, compared to the brisk activity of the past three days. After two successive days of weakening. The Singapore dollar opened stronger yesterday at USS 1.6535, down from the U551.6565 close on Tuesday. The stronger local bourse coupled with foreign demand were
        140 words
      • Article
        Lock icon London
        190 14 Knight-Ridder LONDON The US dollar maintained its slight gains through the afternoon yesterday, making up some of the ground lost on Tuesday as shorts took profits and investors moved into the US unit because of increasing tensions in the European Monetary System. Dealers said hawkish noises emanating from the
        Knight-Ridder  -  190 words
      • Article
        Lock icon Nymex volume jumps 16 pc to new record
        350 14 Knight-Ridder NEW YORK The New York Mercantile Exchange (Nymex) posted record-high volume in 1992, with more than 47.2 million futures and options contracts traded. Nymex is the world's largest energy futures exchange, and also trades metals contracts. The exchange said volume last
        Knight-Ridder  -  350 words
      • Article, Illustration
        Untitled
        1405 14 /raJt-Hrtghlnl inJt\ luhuUueJ attain \t S'puie'\ lop 14 irajinf par/run Baw yra/ IQAf US$/S$ forward rates Noon Jan i a Bid Offici 1-month 1.6)36 1.6551 2-month 1.6521 1.6536 3-month ***** ***** 6-month 1.6470 1.6490 FOREIGN CURRENCY NOTE RATES As at 10am yesterday: Singapore dollars to one unit of foreign currency
        1,405 words
      • Article
        Lock icon New York
        83 14 Reuter NEW YORK The dollar maintained overnight gains yesterday, inspired by hopes for an imminent German rate cut. Although the prospect of a German monetary ease receded, dealers were content holding their long dollar positions. The dollar stood at 1.6340/S0 marks and 125.05/15 yen, compared to 1.6345/55 and
        Reuter  -  83 words
    • COMMODITIES
      • Article
        Lock icon Sugar market may turn complacent on ample supply
        365 15 Knight-Ridder SINGAPORE Forecasts of a huge Thai sugar crop this year could lull the market into a false complacency about adequate supplies for 1993, some traders in Asia warned. Most forecasts for the crop place the harvest at more than five million
        Knight-Ridder  -  365 words
      • Article
        Lock icon Indonesia warns of lower oil prices if output not cut
        171 15 Reuter JAKARTA Indonesia has warned its fellow Opec members that prices would fall in the second and third quarters of this year unless output cuts are made. "There have been no stock drawdowns because of the balance between supply and
        Reuter  -  171 words
      • Article
        Lock icon Taiwan's gold imports up 63pc, more gains likely
        318 15 Reuter TAIPEI Taiwan, one of the world's biggest gold buyers, increased its imports by 63 per cent last year and more gains are likely this year, the Finance Ministry and bullion dealers said yesterday. Imports of gold bars, coins and plate soared
        Reuter  -  318 words
      • Article
        Lock icon Traders see little need for China to buy US wheat soon
        472 15 Knight-Ridder TOKYO Despite renewed speculation that China may make a large purchase of US wheat soon, trade sources in Asia continue to see little need for such a move. They say China already has covered its near-term import needs
        Knight-Ridder  -  472 words
      • Article
        Oil futures prices lose ground
        557 15 Bloomberg ENERGY REPORT LONDON Oil futures prices here and in New York fell after US refined product stocks showed an unexpected rise. The American Petroleum Institute said both refined product stocks and refinery runs increased. while crude inventories were virtually unchanged. In its report released
        557 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars finish easier
        1429 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures ended lower yesterday against Chicago's close on a retracement to recent gains and on anticipated weak US employment figures. Contracts held a downward bias but traded narrowly as investors squared positions ahead of December non-farm payrolls, to be
        Reuter  -  1,429 words
      • Article
        KL tin closes at 13-week high on new consumer demand
        1002 16 COMMODITIES REPORT Tin KUALA LUMPUR tin prices surged to a 13-week high at the close yesterday on further speculative and fresh consumer buying aided by a firmer London market, dealers said. Tin ended four cents up at MS 15.28 a
        1,002 words
    • Article
      COMMODITY PRICES
      1693 16 Rubber jan6 HAS Ctwdtty Exchangt (fwturas dosing m at lpa) HAS (abyskal prtoas) RSS1 Contract (S cents/kg) Bayars Salars Close Volume open A> at 12 aaaa (S cents/kg) Month High Low Sett (tonnes) Interest RSS 2 Feb 92 142.00 143 OON Feb 93 0.00 0.00 146.50 0 4.400
      1,693 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1167 17 -22.7 Uncertainty over the Australian dollar helped bring an end to the sharemarket's New Year rally yesterday. After climbing more than 30 points from its pre-Christmas level, the All Ordinaries Index retreated to close 22.7 points down at 1.542.1. Brokers said investors who lost on the dollar plunge had
        1,167 words
      • Article
        Taipei
        578 17 -153.74 Stock market plunged 4.6 per cent to end at a 26-month low on political worries ahead ot a cabinet reshuffle expected by early February, brokers said. The Weighted Index lost 153.74 points to end at the day's low of 3.188.44 on moderate turnover of T$ 10.75 billion. Brokers
        578 words
      • Article
        Seoul
        364 17 -2.55 Stocks closed easier after fluctuating narrowly in moderate trading as large-capitalisation shares lost momentum, brokers said. They said low-priced counters remained strong and forecast the market would see a technical rebound. The Composite Stock Index was 2.55 points lower at 688.24 just before the close. Brokers said market
        364 words
      • Article
        Manila
        527 17 +2.81 Oil issues lead a three-day market rally as current drilling refuelled speculators' interest and left commercial stocks behind under profit-taking pressure. The Manila Stock Exchange Composite index advanced a further 2.81 points to finish at 1.277.42. "Activity centred on the oil board. This is the sector to be
        527 words
      • Article
        New Zealand
        255 17 -26.36 Shares fell 26.36 points to end at 1.557.07 on the NZSE-40 Capital Index as investors switched out of equities in favour of sharply higher interest rate yields. Turnover was relatively high for this time of year at NZS27 million. Fletcher Challenge bore the brunt of selling, cancelling
        255 words
      • Article
        Bombay
        147 17 -51.07 Stock prices fell on rumours of an impending Cabinet reshuffle and brokers said the downward trend was likely to persist for some time. The Bombay Index could fall by 30 or 40 points, traders said. "Some brokers fear that the (Bombay) Index might drop to 2,200 points," said
        147 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        801 17 Britannia Funds Sterling Cash Bid Oder M.m C ap Deposit *38 0300 *38 0400 Mim Jet*> Gilt 01*74 0 1972 Mim Ma» Income -***** ****** I SS Cash Income Plus Fund 9.9700 10 5000 PS S Resene Fund 5 MOO 5 2100 Sterling Lquit> Euro Performance .0.4425 0.4758 Far East
        801 words
      • Article
        London
        621 17 -7.6 Share prices closed with a small fall on the FTSE 100 Index of leading blue chip shares yesterday, but the market overall was mixed, traders said. The FTSE 100 Index closed down 7.6 points at 2,826.0. "The market doesn't know where it wants to go at the moment."
        621 words
      • Article
        Paris
        97 17 +0.48pc The Paris Bourse scored a moderate advance yesterday. as the CAC-40 Stock Price Index finished the day at 1.859.63 points, up by 0.48 per cent by comparison with the Tuesdav close. Paris Jan 6 Fr 47-Air-Liquide 7<>g 00 11 00 Alcatel Amthom 677 00 -1100 Elf-Aquil 162.10 300
        97 words
      • Article
        Frankfurt
        216 17 -0.04 German shares ended a roll-er-coaster session mixed yesterday before today's eagerly awaited Bundesbank council meeting. Shares rose at the open, tell back and then rallied near the close to finish little changed. The 30-share DAX Index closed at 1,556.38, down just 0.04 point below Tuesday's close of 1.556.42.
        216 words
      • Article
        Brussels
        174 17 -5.94 Late weakness in retailer IX-lhaize pulled shares lower at the close but trading was thin overall as caution returned to the market after Tuesday's rally. The Bel-20 Index closed down 5.94 points, or 0.52 per cent, to 1.132.13. Volume in Belgian shares was worth a modest 962 million
        174 words
      • Article
        Amsterdam
        226 17 1.65 Dutch share prices closed higher yesterday shrugging off signs the Bundesbank is unlikely to cut interest rates tomorrow, traders said. The EOE Index of Dutch share ended the day up 1.65 points at 290.88 points. Advancers outpaced decliners 14 to 5. There were 6 stocks which closed unchanged.
        226 words
      • Article
        Zurich
        279 17 1.9 Swiss shares ended a active session mixed yesterday after the stronger dollar helped the market in the afternoon. The All-Share SPI rose 1.9 to 1,252.2. The SMI index of leading shares closed 3.5 points easier at 2,124.4. The market fell initially following a dive in CS Holding shares
        279 words
      • Article
        Johannesburg
        441 17 +43 A strong rise in diamond giant De Beers led shares on the JSE higher in mostly thin trade yesterday. The JSE Industrial Index climbed 43 points to 4,406. The Overall Index added a strong 31 points to 3,280 and the Gold Index was seven points up at 782.
        441 words
      • Article
        Toronto
        289 17 +2.4 Toronto stocks edged higher at the open yesterday as a fairly positive tone permeated the market, dealers said. The TSE-300 Index moved up 0.7 point to 3,354.2 on volume of 6.6 million shares valued at C 546.4 million. Stocks ended modestly higher on Tuesday, bolstered by a recovery
        289 words
      • Article
        New York
        830 17 -1.35 Wall Street stocks were mixed in quiet late morning activity yesterday as the market continues to rotate out of its overbought condition. according to analysts. The Dow was off three at 3,304. or 0.11 per cent. Blue-chip stocks ended slightly lower on Tuesday, as investors shifted positions
        830 words
    • Article, Illustration
      Lock icon HONGKONG
      2551 18 Reuter Bloomberg Shares ended higher in moderate trading yesterday, helped by expectations of renewed institutional buying for the new year and the halt of trade in Citic Pacific, brokers said. The blue-chip Hang Seng Index put on 38.64 points to close at 5,586.67, after a two per cent surge
      Reuter; Bloomberg; Source: Bridge Info  -  2,551 words
    • Article, Illustration
      CHINA
      434 18 THE Shenzhen A shares finished firmer yesterday, with the CLSA Shenzhen A Index up 1.39 per cent to 2,383.64 amid a thin turnover of 8.4 million shares. China Bicycles continued to dominate trading in the Shenzhen B market, with a turnover of 940,000 million renminbi. The stock ended the
      434 words
    • Article, Illustration
      Lock icon TOKYO
      2388 18 Reuter Stocks ended modestly easier but off lows on last minute buying. Futures-linked selling depressed sentiment while investors took a wait-and-see attitude on gloomy prospects for the economy, brokers said. Only a handful of high-tech related issues drew investors' attention. "People are waiting for the government to put forward
      Reuter; Source: Bridge Info  -  2,388 words
    • Article, Illustration
      Lock icon BANGKOK
      1451 18 Reuter Index-buying investors bought major banks heavily in the afternoon, boosting the stock index to dose above the 900-point level for the first time since authorities filed share manipulation charges against a major investor in November, brokers said. The SET index rose 13.20 points, or 1.48 per cent, to
      Reuter; Source: Bridge Info  -  1,451 words
    • Article, Illustration
      Lock icon JAKARTA
      734 18 Reuter Stock prices closed mixed in fairly active trade and brokers said they hoped the market would get a boost from reports of low inflation last year which should allow the government to relax monetary policy. "The market was encouraged by the low inflation. There were foreign investors but
      Reuter; Source: Bridge Info  -  734 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      1914 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Muki-Purpose 4.I2I.OOO kamunting MK 2.845.000 Kenong Bhd 50c 2.762.000 Pub Bk Foreign 1.657.000 Faher tiroup 1.487.000 Mulphu Inll 50c 1.270.000 Amal Slcci 50c 853.000 Landmarks Bhd 789.000 Tan t hong 50c 634.000 Bcriava (Jroup 544.000 FAC B 50c J18.000
      Source: Bridge Info  -  1,914 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Prices rise on bargain hunting
        4708 19 Bernama SHARE prices on the KLSE recovered part of the losses of Monday and Tuesday to close higher yesterday when bargain hunters moved in to accumulate stocks. The KLSE Composite Index at the close rose 2.77 points to 633.66, the Industrial Index 8.91 points higher
        Bernama; Source: Bridge Info  -  4,708 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Focus shifts to second-liners
        6785 20  -  By Dawn Tan SINGAPORE Investors yesterday favoured second-liners more than they did blue chips which had dominated Tuesday's trade. Reflecting their shift in focus, the benchmark Straits Times Industrials Index slipped 4.13 points to 1,558.22 in heavy trading, but the broader-based BT Composite advanced 4.76 points
        Source: Bridge Info  -  6,785 words
      • Article, Illustration
        Lock icon Acma Ltd
        72 20  -  HOT STOCK Quak Hiang Whai ACM A Ltd has been on an upward trend since the middle of last year. It appeared to have broken out of a channel and is now headed for $2.50, with $2.10 as a comfortable support. However, short-term and medi-um-term indicators are showing
        SOURCE: BRIDGE INFO  -  72 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      88 9 I* DOWN *1 MEMORY LONE 111 ITU THE SUNBIRD I I I Sunbird have only been together for thirteen years, but they play like they've been around for thirty. I Come and hear for yourself. At Club 5. For good old fashioned fun. B Mon Thu: spm -1 am Fri
      88 words
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      289 words
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      78 13 Perspective view of Proposed Bungalow at Cornwall Gardens A Company of th« Ng Chye Mong Group LUXURIOUS LIVING FOR THE ELITE FEW IN SINGAPORE'S MOST SOUGHT AFTER RESIDENTIAL DISTRICTS. lt aifc>. KpvJhS. ■j£M*af2B& jtSEyti v twi«s CLUB I villas .ci y i! Marketing Perspective view of Proposed Bungalow at Swiss
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      Page 15 Advertisements Column 1
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      341 16 THE COMPANIES ACT. CHAPTER 50 SECTION 290(2)(b) No tic* Of Resolution DO NOMINEES PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of DG Nominees Pte Lid held at 6. Battery Road, *40-02, Singapore 0104 on the 31st day of December 1992, the following special resolutions were duly
      341 words
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      Page 16 Advertisements Column 2
      343 16 THE COMPANIES ACT, CHAPTER 50 SECTION 290(2)<b) Notice Of Resolution DO BANK (ASIA) LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of DG Bank (Asia) Ltd held at 6, Battery Road, *40-02, Singapore 0102 on the 31st day of December 1992. the following special resolutions were duly passed:Reeolved
      343 words
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      Page 16 Advertisements Column 3
      19 16 As and when the latest London/Rotterdam prices are not available, the previous trading day's closing figures are carried instead
      19 words
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      Page 17 Advertisements Column 1
      39 17 With over 170 million cards honoured at overlO million establishments, MasterCard puts inH the whole world in your hands. And it gives you easy access to cash at 300,000 bank branches and ATMs woridwkfe. IN YOUR HANDS AMffM I
      39 words
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      51 20 CALL MILANO'S HOT DELIVERY HOTLINE NOW! 468-2222 i for mouth-watering Italian pasta, pizza, BBQ ribs, salads and more! I Office/Home Delivery Hours: Daily from 11.00 am onwards (including Public Holidays). I FREE delivery for a minimum order of $10.00 g $3.00 surcharge for delivery after 11.00 pm. i WILANO AllkxlidH
      51 words
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  • SPORTS
    • Article, Illustration
      Lock icon Floyd faces double challenge
      493 21 Golf AP CARLSBAD. California The 1993 PGA four schedule kicks off this weekend weather permitting with a unique twist. In the Tournament of Champions, that elite gathering of winners only from last year's tour. 29 players will be competing for a U*****,000 (SS236,(XX)) first prize. In
      AP  -  493 words
    • Article, Illustration
      Lock icon The straw that stirs the drink
      907 21  -  You shouldn't set into the Baseball Hall of Fame for being a showman, but Reggie Jackson was the real thing, the high-wire act in the circus, and he deserves a place there, says George Vecsey George Vecsey NYT THEY don't make 'em like Reggie
      NYT  -  907 words
    • Article, Illustration
      Lock icon Mansell shatters track record in Indycar testing
      331 21 Reuter PHOENIX, Arizona Nigel Mansell showed he will be a formidable force in this year's Indycar world series when he shattered the track record in his first test session with the Newman-Haas team at the Phoenix firebird Raceway on Tuesday. Mansell. who became
      Reuter  -  331 words
    • Article
      Lock icon A star is born and his name is Medvedev
      241 21 AP PERTH He's the hottest new star in men's tennis and he's only 18 years old. Mark down the name of Andrei Medvedev. The precocious teenager from Ukraine was the fastest rising name on the ATP Tour in 1982, soaring from
      AP  -  241 words
    • SIDE LINES
      • Article
        Lock icon German sets 100m freestyle record
        51 21 Reuter SHANGHAI Germany's Franziska Van Almsick set a shortcourse world record of 53.46 seconds in the women's 100 metres freestyle in a World Cup swimming meeting here yesterday. The previous record was set in 1989 by Livia Copariu of Romania with a time of 53.48.
        Reuter  -  51 words
      • Article
        Lock icon Rosset out of Australian Open
        92 21 AP MELBOURNE Olympic tennis champion Marc Rosset has pulled out of the Australian Open and Ivan Lendl appears doubtful. Tournament director Colin Stubs said yesterday that Rosset. of Switzerland, pulled out with a throat infection that forced him to withdraw from the Qatar Open earlier
        AP  -  92 words
      • Article
        Lock icon It's 5,000 runs for Boon
        94 21 AP SYDNEY Australian opening batsman David Boon scored his 5.000 th Test run as a record-breaking third Test match against the West Indies faded into a draw at the Sydney Cricket Ground yesterday. Boon became the eighth Australian to score 5.000 runs as Australia reached
        AP  -  94 words
      • Article
        Lock icon Holmes squashes Martin
        99 21 AP BILOXI. Mississippi Former world heavyweight champion Larry Holmes scored a unanimous 10-round decision on Tuesday over Everett "Big Foot" Martin. Holmes was way ahead on all three judges* cards, 99-92, 99-91 and 100-90. The 43-year-old Holmes, who is hoping for yet another title shot, improved his
        AP  -  99 words
      • Article, Illustration
        Lock icon Ditka given the boot
        124 21 Reuter CHICAGO The Chicago Bears on Tuesday dismissed fiery Mike Ditka as its head coach, ending a stormy 11-year reign that collapsed last season with a 5-11 record. "All things shall pass. This too shall pass." a tearful Ditka told a news conference at Bears headquarters
        Reuter  -  124 words
      • Article
        Lock icon Morales, Blair the best
        99 21 Reuter COLORADO SPRINGS, Colorado Swimmer Pablo Morales and speed skater Bonnie Blair were named the 1992 recipients of the US Olympic Committee's Sportsman and Sportswoman of the Year awards, it was announced. Morales, who won two Olympic gold medals in Barcelona after coming out of retirement,
        Reuter  -  99 words
      • Article
        Lock icon Easy wins for Edberg, Becker
        100 21 AP DOHA. Qatar Top seed Stefan Edberg of Sweden and Germany's No 3 Boris Becker handily won their first matches on Tuesday to progress in the U*****,000 Qatar Open Tennis Tournament. Becker found the going a little tougher but managed to keep out the spirited
        AP  -  100 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        68 21 AFP WASHINGTON National Basketball Association results from Tuesday. New York 95. Cleveland 91: New Jersey 102. Orlando 99; Miami 89. Detroit 83: Boston 107. Charlotte 103: Washington 107, Atlanta 100: Indiana 114. LA Clippers 106: LA Lakers 91. Chicago 88: Milwaukee 114. Minnesota 100: Portland 109. Dallas 95: Phoenix
        AFP  -  68 words
      • Article, Illustration
        Lock icon Cricket
        220 21 AP SYDNEY Scoreboard at stumps yesterday on the final day of the third Test between Australia and the West Indies. Australia Ist Innings 503-9 (dec.) 5 West Indies Ist Innings: Desmond Haynes b Matthews 22: Phil Simmons c Taylor b McDermott 3: Richie Richardson c Warne b Hughes 109:
        AP  -  220 words
      • Article, Illustration
        Lock icon Ice hockey
        47 21 Reuter NEW YORK Results of National Hockey League games played on Tuesday: Quebec Nordiques 2 New York Islanders 1 Pittsburgh Penguins 6 Boston Bruins 2 St Louis Blues 6 Edmonton Oilers 1 Winnipeg Jets 4 Calgary Flames 2 Montreal Canadiens 2 San Jose Sharks 1
        Reuter  -  47 words
      • Article, Illustration
        Lock icon Motor-rally
        94 21 Reuter PARIS Overall positions in the Paris-Dakar rally after the 295-km first African stage from Fez in Morocco to Beni Ounif (Algeria): 1. Erwin Weber/Manfred Hiemer (Germany) Mitsubishi one hour four minutes 26 seconds 2. Bruno Saby/Dominique Serieys (France) Mitsubishi one minute 33 seconds behind 3. Ari Vatanen (FinlandVCharles
        Reuter  -  94 words
      • Article, Illustration
        Lock icon Rugby
        159 21 Reuter LONDON Warrington beat Wigan 11-4 (half-time 6-4) in a British rugby league championship match on Tuesday. Scorers: Wigan Goals: Frano Bottica (2): Warrington Tries: Tony Thorniley. Rob Myler. Goals: Thorn iley. Drop goals: Kelly Shelford. Wigan 13 (played) 10 (won) 0 (drawn) 3 (lost) 330 (points for) 170
        Reuter  -  159 words
      • Article, Illustration
        Lock icon Soccer
        33 21 AFP LONDON Tuesday's British football results English League Cup quarter-fi-nal: Ipswich v Sheffield Wednesday postponed English FA Cup 3rd round: Manchester United 2 Bury 0; English Second Division: Blackpool 0 Swansea AFP
        AFP  -  33 words
      • Article, Illustration
        Lock icon Skiing
        74 21 Reuter MARIBOR. Slovenia Leading times after the first leg of a women's Alpine skiing World Cup slalom yesterday: I. Vreni Schneider (Switzerland) 49.89 seconds 2. Annelise Coberger (New Zealand) 50.51 3. Deborah Compagnoni (Italy) 50.54 4. Kristina Andersson (Sweden) 50.68 5. Julie Parisien (U.S.) 50.76 6. Patricia Chauvet (France)
        Reuter  -  74 words
      • Article, Illustration
        Lock icon Swimming
        167 21 Reuter SHANGHAI Results in a World Cup short course swimming meeting yesterday. Men: 200 m freestyle: 1. Anders Holmertz (Sweden) one minute 45.89 seconds 2. Danyon Loader (New Zealand) 1:46.63 3. Christian Keller (Germany) 1:46.72 200 m backstroke: I. Tino Weber (Germany) 1:56.81 2. Zsolt Heg- megl (Sweden) 2:07.55
        Reuter  -  167 words
      • Article, Illustration
        Lock icon Tennis
        133 21 AP DOHA. Qatar Results of matches played on Tuesday, the second day of the inaugural U*****.000 Qatar Open (seedings in parentheses) Stefan Edberg. Sweden (1) def. Karsten Braasch. Germany 6-3, 7-6 (7-5): Boris Becker. Germany (3) def. Gary Muller. South Africa 6-7 (5-7). 6-2. 6-0; Marcos Gorriz. Spain def.
        AP  -  133 words
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  • LIFESTYLE
    • Article
      Lock icon French anchorman makes news on the other side of the TV camera
      557 22  -  Roger Cohen examines the plight of a French newsman-cum-sex symbol Roger Cohen IHT THROUGH a combination of scandal and seductiveness, a somewhat dishevelled news anchor named Patrick Poivre d'Arvor has become the most talked-about personality in France, and
      IHT  -  557 words
    • Article, Illustration
      Dangerous love
      76 22 RIO DE JANEIRO, Brazil Soap opera star Guilherme de Padua in a romance aroused passions of another kind off-camera. De Padua confessed passionate embrace with sexy, young co-star Daniela Perez in the soapie De last week to killing Perez. While the motive is still a mystery, one thing's
      76 words
    • Article
      Palace denies report of Charles'fling
      378 22 CHATTERBOX BUCKINGHAM PALACE has dismissed as "simply not true", a magazine report that the Prince of Wales shared a secret holiday villa in Turkey with former girlfriend Camilla Park-er-Bowles. A spokesman for Prince Charles said on Tuesday that allegations in the latest edition of Vanity
      378 words
    • Article, Illustration
      Lock icon Mao's mausoleum becomes selling point for hawkers
      794 22  -  Andrew Quinn on the flourishing capitalist enterprises Andrew Quinn Reuter RE people making money over Mao's dead body? An official Chinese newspaper recently published a scathing attack on capitalist moneygrubbing at the memorial housing the revered remains of revolutionary leader Mao Zedong in
      Reuter  -  794 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      92 22 Club v < Barbecue Buffet |j|SBB Eat as much as you can Hu y\ every Friday Saturday MU (nUIT pRH at the Poolside Tee-Off Cafe |l| nUIIITI between 6.30pm to IO.OOpm |(T IUJ Pi r Adult 513.50 Child $7.50 >U1 For reservations, please call Tee-Off Cafe 'pL at 322 4221
      92 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      1321 22 TV RADIO Wall Street 10-Mpm, SBC S "IT- -f-aMI Charlie Sheen as a young bro- T ker who gets to Gordon Gekko (Michael Douglas), a ruthless arbitrageur. Sedueed by what money can buy, youngster misses meals sells his soul. Oliver Stone's W 1987 morality tale is short on f Vsubtlety,
      1,321 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      768 23 6^Nothing Beats ABud. fc&fi OF GENUINE PENANG FARE IFT OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT SNACKS WITH GOOD FRIENDS. wC IN A member of cdl hotels
      768 words
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      Page 23 Advertisements Column 2
      332 23 WHERE TO WINE, DINE AND ENTERTAIN NEW. THE OLDEST JOINT IN SINGAPORE. Or is it old. the newest joint in town'' Whatever it is. you 11 be happy to know your favourite nostalgia bar is open once again The new look Club 5 For good old fashioned tun The Sunbird'
      332 words
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      Page 23 Advertisements Column 3
      332 23 Cfet joiny ft our Fines do Claire Oysters, Salmon "Norvegienne", Escargots with Mushrooms and other French y favourites at our sumptuous buffet. We know you 11\ can hardlv wait... (AM |*|<§ J t p Hi|hest -f J* ■■■Hi RrvoUmf r Rrstiurant 1 l«th floor We srrve the world to you
      332 words
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  • INNOVATIONS & TECHNOLOGY
    • Article, Illustration
      Local company out to develop vegetable-based capsule cover
      619 24  -  Helen Chang traces a scientific odyssey that began with mad cows in Britain Helen Chang LITTLE did Singaporeborn scientist Yolande Anthony realise that thousands of "mad cows" in Great Britain would one day lead to her setting up a pharmaceutical company in
      619 words
    • Article
      Lock icon British drugs firm wins licence for kidney dialysis product
      352 24 Breakthrough earns M L Labs access to lucrative market Reuter Ml laboratories pic, one of Britain's new breed of research-based drugs Arms, has announced that its key product, a form of kidney dialysis using an injection instead of a machine, has
      Reuter  -  352 words
    • Article
      Lock icon 3 patents issued for mouse strains
      571 24 AP PATENTS issued on Tuesday for three laboratory mice were the first since 1988 to recognise ownership of a genetical-ly-altered animal species, a move that researchers say is critical for biotechnology research. The US Patent and Trademark Office gave notice in its Official Gazette
      AP  -  571 words
    • Article, Illustration
      Found: world's earliest dinosaur
      78 24 WASHINGTON Scientists announced on Tuesday the discovery of the world's most primitive dinosaur a pint-sized predator believed to be a relative of the rapacious seven-tonne Tyrannosaurus. The fossil of the Eoraptor, a clever hunter that walked on two legs about 225 million years ago, was discovered
      78 words
    • Article
      Lock icon Blow for natural pest killer
      488 24 Insects seen gaining immunity with surprising speed NYT WITH surprising speed, insect pests are becoming resistant to natural toxins that scientists hoped would usher in a new era of biological controls and ring down the curtain on synthetic insecticides. The natural toxins, produced by a
      NYT  -  488 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      56 24 I —j The Executive Housekeeper -this hotel I O \viiu, I I wants >s me. Bob I'll never neglect L__ Any Job. Any Career. Available Any Day. Any Time, anywhere. The Straits Times The Sunday Times Business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA
      56 words
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  • THE LAW PAGE
    • Article, Illustration
      Lock icon Bankruptcies: a long and winding road
      1142 25  -  Ramesh Divyanathan looks at the twists and turns that can crop up in a company wind-up Ramesh Divyanathan WINDING-UP a business is never a tidy affair, particularly because there is seldom sufficient money for all the creditors knocking on the door. Laws abound in
      Punch  -  1,142 words
    • Article
      1992 an eventful and rewarding legal year
      552 25  -  ATTHE bar By Conrad Raj THE LEGAL year begins this Saturday with its usual pomp and ceremony at Victoria Concert Hall. Chief Justice Yong Pung How should be able to recount then on an eventful and rewarding 1992 especially in the area of
      552 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      319 25 Someone dose has been Bving Your son in Canada is studying for some years, overseas. You've given up ■SQJH And you want him The straits Times ■UUUiJH close to home Weekly tefls It bettei -with news (He might RTffffTfvJ from home. comeback after reading all the good news.) To your
      319 words
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      Page 25 Advertisements Column 2
      97 25 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who
      97 words
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      Page 25 Advertisements Column 3
      222 25 OFFICIAL NOTICE We. SETIA MARINE PTE LTD hereby give notice that in consequence of our PURCHASE OF "MERLIN 12". we have applied to the Registrar of Singapore Ships, under Section 386 of the Merchant Shipping Act (Chapter 179) in respect of Che ship "MERLIN 12* of Official Number *****-87-A (Panama
      222 words
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  • Article
    Still a world policeman
    498 26 EDITORIAL OUTGOING United States president George Bush has delivered what is arguably one of the most significant farewell speeches in recent history. Speaking to 4,000 cadets at the West Point military academy two days ago. Mr Bush warned that the US now the world's only superpower
    498 words
  • WHAT THE OTHERS SAY
    • Article
      Nukes: A long way home
      300 26 LAST Sunday, America and Russia agreed to cut deeply their strategic nuclear arsenals. The Strategic Arms Reduction Treaty (Start-ll) goes well beyond the Start-I treaty of July 1991. It falls somewhere between President Boris Yeltsin's earlier call for an 80 per cent cut and President
      300 words
    • Article
      Looking overseas
      229 26 OF LATE, the government has been drumming on the need for aspiring Singapore entrepreneurs to set their sights overseas. Singapore's economic development has reached a point where it is crucial to create the external economic space. Senior Minister Lee Kuan Yew has rightly observed that Singaporeans are becoming
      229 words
    • Article
      Speed up Afta
      257 26 SINGAPORE has always been pursuing the policy of free trade. Apart from a few luxury items, it usually does not impose any duty on imported goods. Malaysia and Thailand have in recent years been working hard to catch up with the "four dragons" and external trade has
      257 words
    • Article
      Sensitivity required
      232 26 FOUR days into 1993 and the territory's collective conscience has been burdened by its first child suicide, with another schoolgirl attempting to take her own life. This happened on the first day of resumption of lessons for most students after the New Year holiday. Hongkong may not have
      232 words
    • Article
      Moral obligation of employers
      213 26 ANNUALLY, about 500 workers are killed and 122,000 injured in our workplaces in various mishaps such as falls, getting crushed by falling objects, getting caught in or between objects, electrocution, and being exposed to extreme heat or dangerous substances. Industrial accidents cost the country about four
      213 words
  • Article, Illustration
    Lock icon Life after Chrysler
    1158 26  -  Lee lacocca, who recently retired as chairman of Chrysler, may be well known for his controversial remarks. But he has thus far refuseu to say anything about what he intends to do next. Jan Zverina reports Jan Zverina Bloomberg CAN Lee lacocca play golf for a month
    Bloomberg  -  1,158 words
  • Page 26 Advertisements
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      58 26 DOONESBURY GARRY TRUDEAU so, pes-Hours ass, up urn all the i want you to comz down ~~~~7 cm it EVERYTHING TOmGUY STUFF? YOU THINK TO TROOP HEADQUARTERS WTTH y/ AT SCHOOL? fJ WWTTABETEN SHADES OF MB, ME€7 50ME OF TUB BKO WYCANT I. MP 7O XX*MY(N THERS, SEEU/HAT/7 YOU TWO
      58 words
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  • ANALYSIS
    • Article
      Lock icon Waging war with pipeline pirates
      941 27  -  Russia is fighting a losing battle against thieves who siphon fuel From pipelines running between the Northern Caucasus and the Ukraine, writes Lyudmila Leontyeva Lyudmila Leontyeva Moscow News WHEN the price of fuel escalated in the Northern Caucasus recently, motorists failed to stage anticipated protests.
      Moscow News  -  941 words
    • Article, Illustration
      A commitment to stability and prosperity
      2198 27  -  In an interview published in Business Times yesterday, Hongkong Governor Chris Patten dismissed Senior Minister Lee Kuan Yew's theory of the West conspiring against China. He also touched on the controversial democratic reforms he had proposed for Hongkong. We reproduce below extended extracts of
      2,198 words
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  • Article
    Lock icon Russia restores price controls on basic foodstuffs
    458 28 Move signals slowdown in pace of market reforms Reuter AFP MOSCOW Signalling a slowdown in the pace of Russia's market reforms, Russian Prime Minister Viktor Chernomyrdin restored price controls on basic foodstuffs, Itar-Tass said. The decision comes exactly one year to the day
    Reuter; AFP  -  458 words
  • Article
    Lock icon KL Cabinet approves draft amendment on rulers' powers
    368 28 AFP KUALA LUMPUR The Malaysian Cabinet yesterday approved a draft constitutional amendment to curb the powers and privileges of the country's nine hereditary state sultans. Deputy Prime Minister Ghafar Baba said the draft covered the proposed move to remove the rulers' immunity
    AFP  -  368 words
  • Article
    Sukarno's son seeks party support to run for presidency
    370 28  -  From Maggie Ford in JAKARTA THF Indonesian Democratic Party (PDI), which made encouraging advances in the parliamentary elections last year, has been thrown into disarray by the decision of one of its leading members to challenge for the country's presidency. Guruh
    370 words
  • Article, Illustration
    Lock icon Chuan arrives in Malaysia, visit likely to focus on economic issues
    392 28 Reuter AP KUALA LUMPUR Thai Prime Minister Chuan Leekpai arrived here yesterday to start a three-day visit expected to focus on economic issues, including the formation of an economic triangle with northem Sumatra. Mr Chuan, on his first visit
    Reuter; AP  -  392 words
  • Article
    Lock icon Miyazawa to focus on security issues during tour of S-E Asia
    301 28 Reuter TOKYO Japanese Prime Minister Kiichi Miyazawa will stress the importance of a US military presence in Asia in the post-Cold War era during his tour of four Asian countries next week, officials said yesterday. Mr Miyazawa is to
    Reuter  -  301 words
  • Article, Illustration
    For EC, 1992 will remain a pipe dream in 1993
    852 28  -  The Bottom Line MICHAEL HINDLEY MICHAEL HINDLEY The writer, a Briton, is a member of the European Parliament NINETEEN ninety-three is the year when "1992" finally happens and from now on, the European Community will no longer have a neat
    852 words
  • Article
    Lock icon Li Peng tours Zhuhai economic zone after visiting Shenzhen
    291 28 AFP HONGKONG Chinese Premier Li Peng toured the showcase Zhuhai special economic zone (SEZ) after a less publicised trip to Shenzhen, where senior leader Deng Xiaoping launched his economic reform drive last year, sources said on Tuesday. Mr Li arrived in
    AFP  -  291 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      135 28 MARKETING I Tomorrow in Business Times l r rW i j® At Raffles, I We've Always Attracted j j The Famous jj i Stars. I H atf* j Jgiß r oo I his week at Raffles, we're proud to be home to I two very special stars. From sth to
      135 words
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      Page 28 Advertisements Column 2
      121 28 E MARKETING Tomorrow in Business Times Under instruction from Shell Eastern Petroleum of Singapore PRIME DEVELOPMENT SITE Location: Woodlands Road/Bukit Timah Expressway (Near to the Causeway and the proposed Marsiling MRT Station) Site Area: 47,955.2 sq m (516,185 sq ft approx.) Tenure Freehold Zoning Industry Tender closing 3 February 1993
      121 words
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  • Shipping Times
    • Article
      Tanker charterers urged to hire only quality tonnage
      516 29  -  By Rahita Elias SINGAPORE Tanker charterers have been urged to do their part in rewarding owners which upgrade their fleets by insisting on hiring only quality tonnage, even if it means paying more. Andreas Ugland. chairman of the International Association of Independent
      516 words
    • Article
      Lock icon Japanese shipyards see slow orders as temporary
      624 29 Reuter NAGASAKI, Japan Orders may be down but officials at the mammoth shipyards clustered near this port in southern Japan say they are not too concerned about the decline in business in 1992. They believe the drop does not represent a return to
      Reuter  -  624 words
    • Article
      Lock icon Transfer of plutonium cargo to be completed
      234 29 UPI TOKAI, Japan Workmen unloading 1.7 tons of highly toxic plutonium from the Akatsuki Maru to a storage facility said they planned to complete the transfer yesterday while anti-nuclear groups protested against the transport from Europe of the lethal cargo. Eight of the
      UPI  -  234 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      859 29 Page Col ABC Containerize 12 1 Accord Group 8 1-3 •APL 5 3-5 Alpha Feeders 6 1 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 Avia Airways 14 4 •Bait Orient Line 7 4/5 Bangladesh Shpg 18 5 •Bank Line. The
      859 words
    • Article, Illustration
      Lock icon Ship may spill up to 80,000 tons of oil
      587 29 Tanker disaster off Scotland UPI NYT SUMBURGH HEAD. Shetland Islands The stricken oil tanker Braer is likely to break up overnight, potentially spilling up to 25 million gallons (80.000 tons) of crude oil into the sea. officials said late on Tuesday.
      UPI; NYT  -  587 words
    • Article, Illustration
      Lock icon Cause for alarm
      751 30  -  Experts warn that more shipwrecks will occur if the shipping industry does not find a way to clean up its act, reports Dirk Beveridge Dirk Beveridge AP IT WAS too soon to pinpoint the cause for Tuesday's oil tanker wreck on Shetland Island, but some shipping experts
      AP  -  751 words
    • Article
      DAILY FREIGHTS
      505 30 The dry cargo freight rate market subdued on Wednesday, as grain business remained slow to develop while Biffex futures ended lower, brokers said. Along with timecharter business, there were some routine coal and sugar fixtures reported. On the futures market, contracts eased back with Jan dropping 11 points
      505 words
    • Article
      TRANSPORT DIARY
      1201 30 COURSES 1993 From Jan 20 (8 evenings): Import/Export and Shipping Procedures organised by ELIM Management Services (SDF 50%). For course details and application forms, please call *****70. Shipping courses organised by Singapore Freight Forwarders Association. Feb 4 Apr 22 (11 evenings): International Frieght Forwarding I (SDF 70%). Feb
      1,201 words
    • Article
      THE SHIPPING GUIDE
      11580 38 This is a list of ships loading at 1 Singapore for ports around the P world. It tabulates, by destination. the name of the ship, the shipping J line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls
      11,580 words
    • Article
      SHIPPING AGENTS
      3341 43 A xm.BC' Containerline NV: Belsin Shpg Agencies Pic Ltd (SyManne Handling Sdn Bhd (PK/PN). \ccord (.roup: Accord Shpg Ptc Lid (Sy Accord C'onlr Line (PK/PN). Adkris Business Corporation Philippine Calsourcc Shpg Trdg Pic Lid (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: f rala Shpg
      3,341 words
    • Article
      COURIER SERVICES
      260 43 Abacus Courier* Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716, *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Services Tel:
      260 words
    • Article
      AIR FORWARDERS
      1492 43 A hex Express Freight Tel: 542-7171. Fax: *****84 Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7821 Fax: *****20. Aeroiink Freight International Td: 545-8033. Fax: *****05. Aerospeed Td: 542-5911. Fa* *****18. Air C argo Novo Express Td: 542-5454 Fax: *****06. Air Express International Td: 542-7666. Fax: *****74.
      1,492 words
    • Article
      PORT CONDITIONS
      1283 44 ALBANIA Durres: One vessel in port discharging bulk wheat. ARGENTINA Rosa Rio: Three vessels in port, however none of these operating; 1 vessel in roads awaiting documentation clearance. Villa Constitution: one vessel in port awaitingorders. AUSTRALIA kooragang: One vessel loading; 3 waiting; 4 vessels due by Jan 9;
      1,283 words
    • Article
      AIR FREIGHT SCHEDULE
      555 44 ARRIVALS DEPARTURES Op Flight l\pe ETA T From Op Flight Type L~1D T To TODAY TODAY NCA KZ203 B747F 0145 1 NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 1 SEL NCA KZ204 B747F 0335 I BKK/NRT JAL JL617 B747F 0345 1 TYO KAL
      555 words
    • Article
      CRUISE & FERRY SCHEDULES
      535 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA 17IT) Ports of Calls Port Agent telephone No JANUARY 08 08 Regent Spirit 1000 1900 Cruise to nowhere Regency Cruises 271-2911 08 08 Delfin Star 1100 1800 Cruise to nowhere Ocean Trade Chartering 299-0366 10 10 Fantasy World 1000
      535 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      630 44 SHIP SALES TANKER RATES AFP There has been a flurry of activity in the past couple of days with a number of significant deals being reported especially on the tanker side. VESSELS SOLD FOR FURTHER TRADING Bulk carriers Alexita: 122,522 dwt and built 1972 Mitsubishi, sold to clients of Golden
      AFP  -  630 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        548 45 Vessel Voy No Berth Amvi Pepartue Vessel Voy No Berth Anwd Departue Jurong Port TayOo 1/93 P03 alongside 07 01/0600 Batangas 52 J5 alongside 07 12/1200 Trans Fprd 248A P02 alongside 06 01/2300 JuMee Venture 12/93 J12 alongside 07 12/1600 7 Donam 221N P09A alongside 0601/1JJU Lucoma
        548 words
      • Article
        MALAYSIAN PORTS
        174 45 iohore Port Berth: 1: Juta Jaya; 2: Hong Leong And Tanto Ocean; 3: Bi Jta Shan; 4: Tonggon Aegukho; 5: Trang Effort; 6: Bunga Butane 01 jetty: Santi, Bun Han, Bun IK. DC* Soon Hin, Soon Wah, Silver Pride, Sempurna. Due on ian 7: ApoHo ID. Gina, Jebel
        174 words
      • Article
        CONTAINER SCHEDULES
        1593 45 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS SNp Voy No Containers avaiable Sip Voy Wo Containers avaiable Vigour Pacif 9Eb COO(EST) 06.01.93 0700 Wan Ha. 202 S046 05.0193 0700 N Ruby 27W COO(EST) 06.01.93 0700 Oiympw 1005 05.01.93 0725 B Teratai 3113 COO(EST) 06.0193 0700 Str Pride 01N
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        COCKETT BUNKER MARKET REPORT
        831 45 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements arc indicated. The Cockett Bunker Price Index change and
        831 words
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        Asian carriers are efficient fuel users
        444 48  -  By Juliette Walker SINGAPORE Asian carriers stand out as some of the more efficient large users of jet fuel among non-US carriers. A recent report by Jet Fuel Intelligence rated Singapore Airlines and Cathay Pacific among the most efficient users of fuel outside the
        444 words
      • Article, Illustration
        Lock icon Motor industry to discuss petrol tax with Clinton
        358 48 FT WASHINGTON Motor industry executives and union leaders are to meet presidentelect Bill Clinton in Arkansas for talks that are sure to raise speculation that Mr Clinton may be preparing to reverse his opposition to higher petrol taxes. Mr Clinton will meet
        FT  -  358 words
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        Lock icon Japanese car registrations drop by 7.2pc
        298 48 FT TOKYO Motor vehicle registrations in Japan fell 7.2 per cent last year, the second consecutive year of decline, highlighting the impact of the economic slowdown and the increasing pressure for a restructuring of an overcrowded car industry. The Japan Automobile Dealers' Association said
        FT  -  298 words
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        Lock icon S Korea will award train project before Roh steps down
        316 48 AP SEOUL A multi-billion-dol-lar high-speed train project will be awarded to one of three international bidders before President Roh Tae Woo steps down next month, officials said yesterday. An official of the Korea High Speed Railroad Construction Authority said final
        AP  -  316 words
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        Lock icon Boeing's move to develop super jumbo a threat to Airbus
        538 48 FT Bloomberg SEATTLE Boeing's move to develop a super jumbo aircraft poses a significant threat to Airbus Industrie, the European consortium. Boeing, the world's biggest manufacturer of commercial jets, announced on Tuesday it was negotiating with Deutsche Aerospace and British
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      • LOG BOOK
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          Lock icon Stempel no longer GM consultant
          55 48 Bloomberg Detroit Former General Motors Corp chairman Robert C Stempel said that he's "fully retired" and is no longer a consultant to the US's largest automaker. In October, Mr Stempel was ousted from GM and replaced by outside director John Smale as chairman and John
          Bloomberg  -  55 words
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          Lock icon UAL, Ansett expand marketing deal
          80 48 Bloomberg CHICAGO United Airlines and Australia's Ansett Airlines will expand a marketing relationship reached in September 1992, United officials said. The Ansett group controls almost 60 per cent of Australia's domestic airline market and is a major carrier in New Zealand. Starting Feb 1, the
          Bloomberg  -  80 words
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          Lock icon Isuzu to export US-made Rodeos
          71 48 Reuter TOKYO Isuzu Motors Ltd will start exporting recreational vehicles made by its US unit to Taiwan from March, an Isuzu spokesman said. Isuzu. owned 37.4 per cent by General Motors Corp, plans to export 300 Rodeos made by Subaru Isuzu Automotive Inc in calendar
          Reuter  -  71 words
        • Article
          Orders for Airbus narrow body
          89 48 ZURICH California-based International Lease Finance Corporation (ILFC) has placed an order for up to 14 2,500powered Airbus narrow body aircraft. The company has also firmed up four A320/A32ls as V2500-powered. The deal also includes provision for up to 18 additional V2500-powered A320/A32ls. The first engines
          89 words
        • Article
          AMR to acquire 20 Saab planes
          105 48 LINKOPING, Sweden AMR Eagle Inc has contracted to acquire 20 additional Saab 3408 regional airliners. The delivery of the new planes will take place during this year and next year. In addition to the new aircraft sales, Saab Aircraft has agreed to assist in
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1623 48 City ETA FUM ETD Adelaide QF81 1935 QF82 2050 SQ228 2040 rwTB RJ183 0005 Amsterdam SQ319 0810 KL838 0040 KL837 1515 Athens SQ347 1730 Auckland BA11 1310 2015 Bahrain GF148 0855 B Sari Begawan BI453 1105 SQ182 0935 SQ181 1425 BI96 1405 BI429 2030 B1430 2125
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      24 29 «gg .Safe lj|i§t§ .^llr Asian carriers are efficient fuel users, Back Page Boeing's move to develop super jumbo a threat to Airbus, Back Page
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      28 29 Urns and mtvlcm rem—anted by Members of the Registry ol IMIM MfffXV Shipping Aoants, Slnfoore Ite—l 81#- UlMw ping Association. For advertising enquiries, contact Shipping Times: Tel 740-*****740-2090.
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      347 29 THE famous ■il.llll.'H 1M 1833 For more information please refer to Pg. 13 rTHE 2nd International Shipping Law Conference I On Carriage Of Goods By Sea And Maritime Liability I I 3 14 January 199 3, Orchard Hotel Singapore I TOPICS INCLUDE I latest Developments In English Law On Voyage
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      5 29 Cause for alarm. Page 2
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      2683 31 OOCL (3) PTE LTD JARDINE SHIPPING AGENCIES *****11 *****09 llllf/ BOOKINGS TEL: *****34 *****58/ *****40 11 iVm. CFS (PSA F5) TEL: *****21/ *****79 ITBftAMn PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. VOCGf J PORT KELANG TEL: *****18 FAX: *****91 *****88 rv i PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated
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      3080 31 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 imuAsc/i g UNITED ARAB SHIPPING CO. (SAG)//J Coast B.mr I IffC 1 ML I w I in I itIMTI MM 21/11 2/81 1/81 UHTiMU MM 2/82 1/81 11/11 12/81 M/U ttIMMW MOOT 17/(2 M/U M/W 27 /ll M/U LZn MIM 4/81 l/M
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      1486 32 AQABA ROAM/ LE MMfjn I VOY NO S PORE JEPDAH (via JED) S TON H BURG ANT HAVRE I LEVERKUSEN EXPRESS 10/353 9/1 18/1 24/1 27/1 30/1 1/2 3/2 KITANO 17/301 16/1 26/1 1/2 3 2 6/2 8 2 10/2 UMOttUgBOTKOT I" p. op 14/102 21/1 9/2 7/2 CONPCCTTD AT
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      533 32 H^T—I FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sote Foreign Forwarder in Kabul for all services C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga. Baku North Korea Vietnam Mongolia Hungary CSFR Poland oci®rrans AGENCIES (FAR EAST) LTD nouakchott-banjul-bissau-luanda-bata Feeder Vessel W* VILLE DE VEGA 09/01 A. ABRAHAM 17/01 VILLE DE
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      Page 32 Advertisements Column 3
      1366 32 Blwawa usi REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALG BCL* HAM BRE# ROT ANT# FEL LHA NOHASIA SHARJAH 9245-3 12/01 03/02 05/02 07/02 08/02 09/02 10/02 11/02 12/02 NORASIA MUBARAK 9246-3 19/01 10/02 12/02 14/02 15/02 16/02 17/02 IS/02 19/02 NORASIA AL MANSOORAH 9247-3 26/01 17/02 19/02 21/02 22/02
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      2096 33 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 *n Mppmg no lm sAas CONTAINERBCRVICC TO CAMBOMA KRIS MADURA VOIE KK. Skan. Taw 07-00 lan 07 lan 09 lan STRAITS VENTURE VOIE Muara. lab oto9 lan 10 lan 11 lan STRAITS
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      Page 33 Advertisements Column 2
      2624 33 SINGAPORE AGENT: 1 rvri-f q P&O Containers (Singapore Agencies) Pte Ltd •*> ViUllidlllVl O 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tei: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z export PORT VfIKL W>v 'WWST ALO SOU ANT ROT HAM VESSEL VO* ANT
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      669 34 f-H DJAKARTA I INDONESIA NATIONAL UNE TO EUROPE BT~ ibcm&i hi I w wmai wt| wmwl Awnar SMWIIATA 36 WB 2 t/2 I 1/3 13/3 l«/ 3 j 23/3 TO AUsWiT" EAST COAST W»TS vsl/vov m store stp melb bris fRE MHO AIKT><U. IA/***** 20/1 19/1 5/2 8/7 2/2 ~14/2
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      Page 34 Advertisements Column 2
      1464 34 HANJIN SHIPPING rra I $M I UNE HAU. SEA VCR FDR VSL SM IIME HAU SAV KM NYC wi xwiittYMK 09 7T 11/1 H. KEEIUNG 0401 4/2 5/2 HAWM A WANG TANG 0971 11/1 N SEATTLE 0271 11/2 18/2 21/2 HANM^KIMUN M3I 18/1 K MASAN 07« 11/2 12/2 HANJM KIMSAN
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      Page 34 Advertisements Column 3
      1319 34 ASSFEIVi d 11\ Inu scr ku mc us rus wtosxnstsw no uu cms w mcuw m in w m en m I i GUMII K M 11/1 12/1 19/1 17/1 21/1 25/1 20/1 »/l 29/1 30/1 1/2 12/2 24/2 »/2 27/2 1/3 11/3 11/3 12/3 13/3 23/3 2/4 0/4 7/4
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      1766 35 Ir2 11 ACE: 'NORMANDIE BRIDGE 23W ETA SGP 09/01/93 II W I] ETA LEH 25/01/93, FLX 20/01/93, II 7 II RDM 20/01/93, BRV 29/01/93 II StNOAPOmCALtFORHU EXPRESS I I U FEEDER VSL VOY SGP MOTHER VSL VOY SET PLD MIN/ VESSEL VOY SGP LOS OAK VAN CHI DAL/HOC MPH ATL
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      Page 35 Advertisements Column 2
      1152 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUC-PtSCHAftONC WESTBOUND—LOADWG TRANSHFPED VIA ROTTERDAM"]
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      1362 36 St* i—i _i t» AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD < CR No: **********0 M) ■W v TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 ■A W 1 |\I IT MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD V M W2J IMnnkl lA SA *****00 PK *****75 PEN *****0 JB *****1 PGU
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      Page 36 Advertisements Column 2
      1182 36 PHiu-onieNT lings pre ltp r 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Teiex: RS ***** Fax: *****76/*****38 &jQ BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU (jga MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION ZEALAM&tOUTM PACIFIC 08 JAN SYDNEY. MELBOURNE, BRISBANE. FREMANTLE AUCKLAND WELLINGTON.
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      806 37 I jaaanil pacific international lines (pte) ltd t I 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I I mt mm CR NO **********0E I VESSEL VOY SIN HKG SIN CMB JIB HOO JED AOJ KOTA SING A SGAOI9 »/1 14/1 21/1 23/1 27/1 KOTA WIRAWAN WRNOI9 14/1 1»/1 22/1
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      Page 37 Advertisements Column 2
      1514 37 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY C P GUOANG PENANG P KELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) g _8 n an 9/1 BENALDER 2532 12n 29/1 3in 1/2 312 E liTi 15/1 16/1 TOYAMA 3012 19/1 5/2 7/2 8/2 10/2 0 22/1 2271
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      Page 37 Advertisements Column 3
      313 37 I BSA TRANSPORTATION M MYANMA pHBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdf PAGAN VI9IW hi Port PATHEW VI2IW In Port HP* AN VIBSWI 12/14 lan 6/7 lan MALAYSIA AGENTS BOUSTEAD SHPPMG AfIENCfS KUL TU 03 *****00 PHI TO. 03-36M767 PEN TEL 04-*****5
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      2451 40 Full Container Liner Services mim* A|en,s: General Agents: Booking Agents: Gum Gum Shipping Srin BM Chung Chip* Shipping Sdn 6M FmLm teftM 111 Mpritimt Cosllr Shipping Me Ltd supp-v •"»"< t»<" M 56 «w»«»M US a ut 3.34. vp rax*. 2 Mistri Road 47 Hill Street c^P O^ 0 Wfsma
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      617 41 /jg FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOI/PWEAUS 9/1 ROTTERDAM 9/1 HAIFA/ASHDOO/AIEXANDRIA 971 HAMBURG/BREMEN 9/1 MARSEILLE/FRANCE 971 FELIXSTOWE/UK 9/1 BARCELONA/SPAIN 971 lEHAVRE/ANTWERP 9/1 GENOA/ITALY §71 GOTHENBURG/SCANDINAVIA 9/1 LOS ANGELES/WC/IPI 10/1 SYDNEY/MELBOURNE 8/1 NEW YORK/EC 10/1 FREMANTLE/ADELABE 10/1 VANCOUVER 10/1 BRISBANE
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      Page 41 Advertisements Column 2
      694 41 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ]W\ ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA LOADING FOR SPORE NETSANET 28WB 28/01 OARESSALAAM MOMBASA. DJWOUTI ASSAB. MASSAWA ABYOT 30WB 27/02 OARESSALAAM MOMBASA.
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      Page 41 Advertisements Column 3
      618 41 JAKARTA BANGKOK wa «n m m [pn Iww mmm mmm "1 KITI BHUM 12S |/1 12/1 WKA BHUM 2tH 1 PT 7/1 Men 11/1 BENIA BHUM 60S 9/1 13/1 lAHU BHUM MN fri »/l Won 11/1 WANA BHUM 175$ 13/1 lt/1 WANT* BHUM 123N Sat 9/1 Wtd 13/1 KITI BHUM
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      Page 41 Advertisements Column 4
      335 41 I IKER-IK BAY OF BENGAL SERVICES TIGER SPEED 23M 11-12/1 17-19/1 25-*/1 I TGEI ARROW 49* 13-14/1 20-21/1 27 21/1 I rca ana 2m im/i 24-26/1 01^2/2 TBI) SIM SOW 20-21/1 27-21/1 03-04/2 EVE* GAM 931CW MOT 1 IS-19/1 2S-26/1 1 IHOISI (DSCH OUT) 434 01 M l IS-19/1 2V26/1
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      1425 42 GROUPAGE ~|Y:/YV* PENANG: (04) *****6 SIBU: (084) *****9 KUC HI NG: (082) ****** J X P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 6/1 7/1 8/1 Hong Kong Ldn/Fli/Rdm/Ant/LHV 7/1 8/1 9/1 10/1 11/1 12/1 Hone Kong Gburg/C'hafen/S'holm/Oslo 10/1 11/1
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      Page 42 Advertisements Column 2
      236 42 JjE* BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS «i m PROSPECT 22S 1/1 1»/1 20/1 6/2 •NZ STAR 5S 15/1 31/1 2/2 15/2 PRtMO 22S 21/1 10/2 12/2 1/3 •WITH OPPORTIHTY 10 CAU TCMNSVUE ON OR ABOUT 77/1 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON,
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      Page 42 Advertisements Column 3
      939 42 THONG SOON LINES PTE. LTD.] M- 77 RO6HSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 SSr TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I I dOwVAiNlfeft 1 SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA ftssa |m Ispttt Imct "vessel Ivor I spore
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      29 45 IF THE SHOE FITS BOY IT! Take a walk through the properties section of The Straits Times Classified for the largest selection of "shoes" for sale or rent. 737-1166
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      708 46 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 28/1 Rotterdam /Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR: A VESSEL 15/01 20/01 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer
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      Page 46 Advertisements Column 2
      664 46 EES FREIGHT SERVICES PTE LTD I BPTTI #01-60 Wallich Building, I Wallich Street, Singapore 0207 I Tel: *****66 (10 Lines) Fax: *****69/*****44 I I VSL: "PLANETA" II VSL "NANTA BHUM" II VSL: "ACE CONCORD" I I V.I 30 II VJ23N II V.29E II I ETD SIN: 8/1/93 II ETD SIN:
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      Page 46 Advertisements Column 3
      373 46 WORLDGATE EXPRESS LINES PTE LTD Tel: *****11 Fax: *****73 Telex: ***** WGATE WEEKLY CONSOLIDATION KEELUNG NEXT VESSEL ON 11/1/93 NATIONAL EXPRESS j FORWARDERS (S) PTE LTD 133 NEW BRIDGE ROAD #14-02 CHINATOWN POINT SINGAPORE 0105 TEL: *****86 (6 LINES) FAX *****58 WEEKLY CHINA CONSOLIDATION!!! ZHANGJIANG XIAMEN SHEKOU HUANGPU GUANGZHOU HAIKOU
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      162 46 6 BANGLADESH SHIPPING CORPORATION •cxxat us! tat kbu in soma lotdni tn Inchon Bran VoMuma Koi* tutor* Kinw re not suuetn poktuhm IHU SHOW 27 n/11 mm m-m 02 1 own >t IMB. r uni mmmm 1 an—> sbict to kwcocni •ISO CMJJK HOKKOK !MM I OTtO UflM KBITS SUM
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      1097 47 A HYUNDAI I WESTBOUND TO EUROPE VESSELS PNA PKE+ PGD+ SIN I RTM AWT* LEW MM B«t FEL R CHALLENGES 302W 7/1 8/1 9/1 10/1 29/1 29/1 30/1 31/1 31/1 2/2 OOCI CHAWSMA 303* 14/1 15/1 16/1 17/1 5/2 5/2 6/2 7/2 7/2 9/2 H. PIONEER 301W 21/1 22/1 23/1
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      Page 47 Advertisements Column 2
      466 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS WBOUND VESSELS (ISSU VOT SF II MC II ftiSMM 12 1/1 MA 13/1 COSMC PWKEI 27 ■PT It/1 11/1 AStAH ami II ■PT 31/17 DAUA MJA 1« »/l »/l TUJWC EMS K 11/1 SUtA MME 1 15/1 ASIAN TtAKI M 2t/l
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      1075 47 OUR USA I* I— I-I- p |°J I" I- I™ SERVICE CALLS CMUMM IMi 12/61 HIMIC COWUS ItW 13-u"»i~ 11 41 oT»I 43 42 tip? 03 42 tToT W42 U K SINGAPORE OMMW 4 447 14 41 MlWia IWMVM 4 ***** 24-21 41 47 42 14,42 14 42 14/42 10/42
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      3 48 I MARKETING I
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      121 48 MARKETING Tomorrow in Business Times MV. BUMI RAY A Voy: 01 ETD SIN Jan 17 Loading for Colombo Accepting Breakbulk Cargo and SOC MV. BUMI JAYA Voy: 01 ETD Dtamman Jan 08 Accepting Project/Heavylift Cargo from Dtamman, Dubai and Shaikh to Bangkok, Singapore, Malaysia, Indonesian Ports and other destinations East
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