The Business Times, 28 January 1993

Total Pages: 46
1 46 The Business Times
  • 14 1 SINGAPORE Business Times WE KNOW ASIA MITA (P) 552/12/92 Thursday, January 28, 1993 75«
    14 words
  • 2am LATEST
    • 50 1 AFP WASHINGTON The United States is imposing increased duties on steel imports from 19 countries because of dumping, the Commerce Department said yesterday. The countries affected include seven members of the European Community, as well as Canada, Japan and South Korea.
      AFP  -  50 words
    • 83 1 Reuter LONDON Britain yesterday opposed US proposals tor expanding the permanent membership of the United Nations Seeurity Council to include Japan and Germany and chided Washington for allowing its UN budget contributions to fall into arrears. But Foreign Secretary Douglas Hurd did
      Reuter  -  83 words
  • Article, Illustration
    121 1 Source: Bridge Info Stock market indices Wednesday Change STII 1.603.07 -2.21 KLSE Composite 624.89 -145 Nikkei 16.509.68 +17.05 Hang Seng 5.939 89 +16.16 SET Index 983 41 -4.56 Jakarta Composite ...275.97 -0.32 CLSA China B 1.346 70 -9.13 Ausl All Ord 1.534 8 +5.6 FFSE 100 2.832.5 -3.2
    Source: Bridge Info  -  121 words
  • 192 1 AP BANGKOK A Vietnamese court has sentenced a Singaporean to life imprisonment for smuggling and trading in banned goods. The official Vietnam News Agency reported yesterday that Ng Boon Kwe, 31, and 11 accomplices were convicted of smuggling more than 60() kgs
    AP  -  192 words
  • 540 1  -  Beijing announces opening of 11 regions to joint ventures By Sylvia Wong SINGAPORE THE next wave of Singapore investments in China looks set to come from local retailers, following earlier projects by local hoteliers, property developers, traders and industrialists.
    540 words
  • 335 1  -  From Stephen Vines in HONGKONG LAST-DITCH talks aimed at settling the strike by Cathay Pacific Airways flight attendants broke down last night six hours before a deadline for the strikers to turn up for work or face the sack. Hongkong Labour Commissioner
    335 words
  • 481 1  -  From Loh Hui Yin in HONGKONG AN ESTIMATED 300 Singaporean cabin crcw of Cathay Pacific Airways arc members of the 3,000-strong Flight Attendants' Union which rockcd the colony by calling a strike, now into its third week. "Nobody wanted this to
    481 words
  • 282 1  -  By Chuang Peck Ming SINGAPORE Singaporebased Wah-Chang International has paid US$3.5 million (SSS.B million) for a coral island resort in the Maldives, and will be pumping in US$5 million more to expand and upgrade the facilities on the island. This is only the first of Wall-Chang's
    282 words
  • 597 1  -  From Leslie Lopez in KUALA LUMPUR KUALA LUMPUR Malaysia's Capital Issues Committee (CIC) has deferred a decision on a proposed share split by publicly-listed gaming concern Tanjong pic. but the decision has been roundly criticised by bankers and analysts as overzealous.
    597 words
  • 327 1 AP WASHINGTON Federal Reserve chairman Alan Greenspan said yesterday that he believed the long-awaited economic recovery is gaining strength, but he warned of a few dangerous "head winds" holding activity back. In cautious testimony, Mr Greenspan cited good news in the past six months that
    AP  -  327 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 281 2  -  By Anna Teo THE NUMBER of new companies and businesses formed one of the surest signs of economic strength hit a new high last year. To be sure, the growth in company formation in recent years has slowed since the phenomenal 20-40 per
        Source:  -  281 words
    • 670 2  -  By Schutz Lee SINGAPORE investors have been spreading their presenee in China beyond the coastal provinces of Guangdong and Fujian, where Chinese official statistics said over 80 per cent of Singapore's investments are. A number of Singapore companies last year announced investments in coastal
      670 words
    • 376 2  -  Shakeout predicted, with some outlets expected to go under By Hong Lee Tiam A TOUGH YEAR lies ahead for Orchard Road retailers with "even the healthiest stores" having to make "an effort to keep afloat", says Tang Wee Sung, C K Tang's managing
      376 words
    • 244 2 THE prognosis for Deputy Prime Minister Lee Hsien Loong. who is midway through an 18-week course of chemotherapy for lymphoma, remains good with a high chance of cure, the Prime Minister's Office said yesterday Doctors who performed comprehensive tests to assess
      244 words
    • 300 2  -  By Juliette Walker YUNNAN AIRLINES, which made its inaugural flight here yesterday, is exploring jointventure possibilities with Singapore Airlines, says the Chinese carrier's president. Geng Yin Cai, president of Yunnan Airlines, told reporters yesterday that he had met SlA's deputy managing director. Michael Tan.
      Photo by Chris Loh  -  300 words
    • 307 2  -  By Terence Lim SUPPLIERS can now tender for most Mindef projects without the hassle of paperwork. The ministry has just set up a system under which companies can call up tenders and submit bids using a simple personal computer and modem. The system handling
      307 words
  • Page 2 Advertisements
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  • THE REGION
    • 440 3 AP AFP Bernama KUALA LUMPUR Philippine President Fidel Ramos yesterday urged that his country and Malaysia take a long-term view, renew efforts to settle divisive issues and build on common interests. Speaking at a banquet given by Malaysia's King, Sultan Azlan Shah,
      AP; AFP; Bernama  -  440 words
    • 281 3 Reuter Bernama KUALA LUMPUR Conflict between the government and Malaysia's hereditary rulers could divide Malays and leave non-Malay parties in the ruling coalition politically vulnerable, a risk consultancy group said yesterday. The ruling coalition cannot afford a bitter legal battle over constitutional
      Reuter; Bernama  -  281 words
    • 220 3 BANGKOK Fierce competition is expected in Thailand's cement industry this year as a result of oversupply. The Bangkok Post on Tuesday quoted a Thai Farmers Bank's report as saying the oversupply was caused by additional output from both newly-opened and expanded
      220 words
    • 319 3 Reuter KUALA LUMPUR Stockbroker Arab-Malaysian Securities Sdn Bhd (AMS) said yesterday that Malaysia's real gross domestic product (GDP) was expected to grow 7.5 per cent in 1993, down from an estimated 7.9 per cent in 1992. The Ministry of Finance
      Reuter  -  319 words
    • 463 3  -  By Nirmal Ghosh SINGAPORE The Republic is a model for the development of the Subic Bay Special Economic Free Zone (SEFZ), says Richard Gordon, Olongapo Mayor and head of the Subic Bay Metropolitan Authority (SBMA). In a recent interview with BT in
      463 words
    • 343 3 JAKARTA The Indonesian government will extend the permitted licensing periods for foreign companies involved in power generation and cut duties on imports of power plant and transmission equipment. The Jakarta Post yesterday quoted Minister of Mines and Energy Ginandjar Kartasasmita as saying:
      343 words
    • ASIA NOTES
      • 104 4 UPI CANBERRA Hongkong has become the largest immigration source for Australia's three most populous eastern states, according to the latest statistics. Figures released by the Bureau of Immigration research show that in 1991-92 New South Wales was the most favoured with 12.7 per cent of
        UPI  -  104 words
      • 85 4 Reuter SEOUL South Korea will host talks this week with North Korea and three former communist foes on an ambitious joint project to develop an economic zone around a remote north Asian river, officials said yesterday. Representatives from North Korea, South Korea, China, Russia
        Reuter  -  85 words
      • 91 4 AFP HANOI Ho Chi Minh City's influential Labour Federation has asked the National Assembly to raise the minimum wage for workers in foreign-invested companies from the current 35 dollars per month, press reports seen here yesterday said. The assembly could consider the request when
        AFP  -  91 words
      • 66 4 Reuter PERTH Australian Prime Minister Paul Keating, who must call a general election by May, hinted yesterday he would wait till near the deadline. Speculation that an election was imminent has unsettled financial markets in recent weeks. But Mr Keating told reporters he saw
        Reuter  -  66 words
      • 55 4 Reuter WELLINGTON New Zealand will lift all travel restrictions on Russian passport holders. Minister of External Relations and Trade Don McKinnon is expected to announce today. The agreement was reciprocal. Under the new arrangements. New Zealanders in Russia will have the same freedom of
        Reuter  -  55 words
      • 46 4 Reuter SEOUL South Korea's turbulent labour disputes of the late 1980s are giving way to a more reasoned approach, a Labour Ministry official said on Tuesday. In 1992, the ministry recorded 235 labour disputes, an increase of just one from 1991. Reuter
        Reuter  -  46 words
    • 90 4 TAIPEI A Taipei stock brokerage employee dressed up as the Chinese God of Wealth celebrating the first day of trade after the Lunar New Year holidays yesterday. His appearance was little help to the market, which plunged 4 per cent partly on
      90 words
    • 470 4 AFP Reuter BEIJING Direct foreign investment in China jumped 36 per cent to US$9 billion (SS 14.8 billion) in 1992, according to State Planning Commission statistics quoted by the China Daily. Hongkong maintained its position as the largest source of investment in China
      AFP; Reuter  -  470 words
    • 453 4 Reuter HONGKONG Hongkong yesterday announced plans to set up an election commission in the first legislation to emerge from Governor Chris Patten's democratic reform proposals which have triggered a major row with China. C M Leung, the Deputy Secretary for
      Reuter  -  453 words
    • 754 4 HONGKONG Hongkong's retailers are not worried about the return of the British Colony to China in 1997, according to a recent survey of Hongkong's retail store managers. The survey of 76 retail store managers and owners, published in the Nikkei Weekly this week, said
      754 words
    • 221 4 Knight-Ridder HONGKONG Rents for commercial property in Hongkong are likely to rise this year, but the residential sector is expected to soften due to the continued political row between the UK and China, according to the Jones Lang Wootton Property Index.
      Knight-Ridder  -  221 words
    • 327 4 Bloomberg Business News PARIS Souttf Korea should move towards a free market in energy if it wants to maintain economic growth, according to the Paris-based International Energy Agency. In the first survey of a nonmember. the lEA said South Korea
      Bloomberg Business News  -  327 words
    • 207 4 AFP SEOUL North Korea has slammed the resumption of South Korean-US military exercises as a "rehearsal for nuclear attack** and says it will take defensive measures to counter it, Seoul's official Pyongyangwatcher reported yesterday. State-run Naewoe Press quoted a North Korean Foreign
      AFP  -  207 words
    • 428 4 AFP SEOUL More than 20 small- and medium-sized firms go bankrupt every day in South Korea amid the country's current economic slowdown. Small- and medium-sized companies have cried out for the government to enact immediate and practical measures to save
      AFP  -  428 words
    • 441 5 AFP Bloomberg Business News TOKYO Japan's industrial output slumped 6.1 per cent in 1992, reversing growth of 0.6 per cent a year earlier and marking the sharpest decline in 17 years, the Ministry of International Trade and Industry (Miti) said yesterday. The ministry
      AFP; Bloomberg Business News  -  441 words
    • 185 5 Reuter PERTH Australian Prime Minister Paul Keating accused Germany yesterday of punishing the economies of Western Europe, saying it was "obsessed" with keeping inflation low through high interest rates. "The Germans are obsessed with inflation," Mr Keating said in a radio interview. "They are now,
      Reuter  -  185 words
    • 185 5 Bloomberg Business News MELBOURNE Unions in Australia's Victoria state said they are planning to strike on March 1, the date the government's deregulation of labour laws takes effect. The new laws were passed after conservatives swept the ruling Labor Party from office
      Bloomberg Business News  -  185 words
    • 369 5 Reuter Bloomberg Business News TOKYO Tokyo property prices are still falling but the declining trend in both housing and land prices seems to be nearing an end, according to a survey by MRD Nationwide Real Estate Information Centre. MRD surveyed 627 property firms
      Reuter; Bloomberg Business News  -  369 words
    • 349 5 Knight-Ridder SYDNEY Australia's annual inflation rate will bottom at the lowest level in the industrialised world when quarterly data are released today, economists here said. The annual result will fall to between 0.3 per cent and 0.6 per cent, down from 0.8
      Knight-Ridder  -  349 words
  • Page 3 Advertisements
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  • Page 5 Advertisements
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  • REGIONAL FOCUS
    • 1524 6  -  Back from a visit to the Philippines, Nirmal Ghosh looks at the challenges facing the country's economy, the mammoth task of running the megapolis of Manila and the master plan for the tourism industry Nirmal Ghosh 1N MANILA, life revolves around brownouts. In the
      All photos by Nirmal Ghosh  -  1,524 words
    • 888 6 EDSA, the serpentine spine of Metro Manila, is one of the slowest roads in Asia. A blue smog envelopes it as it snakes over Avenue Ortigas on its way north to Quezon City. Traffic is a slow, fender-to-fender 10 kph at most times of
      888 words
    • 1274 6 LONG a laggard in the race for the tourist dollar because of its tattered image, the Philippines, with its new-found political stability, hopes to do some catching up with the rest of Asean. Its new 20-year Tourism Master Plan (TMP) is designed to
      1,274 words

  • THE WORLD
    • 521 7 AP WASHINGTON The Clinton administration declared on Tuesday that US President Bill Clinton will likely propose US$l5 billion (5524.5 billion) to US$2O billion in government spending and tax breaks to jump-start the economy this year. The plan eomes amid
      AP  -  521 words
    • 49 7 Reuter ISTANBUL Thousands of demonstrators gathering outside the headquarters of the Turkish newspaper Cumhuriyet on luesday to protest the killing of one of their journalists, Ugur \lumcu. Mumcu was killed on Sunday in Ankara when a bomb planted under his car exploded. Reuter
      Reuter  -  49 words
    • 436 7 AFP LONDON A House of Commons committee has hammered out a subsidy package to bail out Britain's failing public coal industry and save the jobs of thousands of miners. The plan would subsidise government-owned British Coal for five years, enabling
      AFP  -  436 words
    • 391 7 Reuter LUSAKA Zambia is trying to lure foreign investors to revitalise its moribund economy, offering its copper riches as the main attraction. President Frederick Chiluba, an enthusiastic free marketeer, has in his 14 months in office begun dismantling 27 years of state control
      Reuter  -  391 words
    • 278 7 Reuter MOSCOW The Russian government, trying to stop firms from stashing huge sums illegally in foreign bank accounts. is ready to offer offenders an amnesty if they repatriate the funds within three months. The amnesty, proposed in an economic programme approved
      Reuter  -  278 words
    • 256 7 Reuter CARACAS Some South American nations will probably join North America in a free trade accord this decade but the creation of a full hemispheric /one is unlikely until the next century, Canadian Trade Minister Michael Wilson said on Monday. While
      Reuter  -  256 words
    • 338 7 AP WASHINGTON The US economy may be on the mend but a burst of layoff announcements by Boeing Co and other big employers is shooting holes in the hopes of many Americans for better times. "It takes some of the bloom
      AP  -  338 words
    • WORLD WATCH
      • 98 7 Reuter FRANKFUR I A jump in January inflation, persistently high money supply growth, worries about the current round of pay talks and comments Ironi Bundesbank officials have crushed hopes for any early German interest rate cuts. German financial markets yesterday generally took the view that
        Reuter  -  98 words
      • 44 7 Reuter BELGRADE Belgraders protesting in the city centre on Tuesday against Croatian attacks on the Republic of Serb Krajina. accusing the Yugoslav army of not reacting to protecting the Serbian people in the UN protected area in Croatia. Reuter
        Reuter  -  44 words
      • 87 7 Bloomberg Business News COPENHAGEN New Danish Prime Minister Poul Nyrup Rasmussen said the final decision on the date of a second referendum on the Maastricht treaty on European Union will be made early next month. Speaking on Danish television yesterday, Mr Rasmussen repeated remarks
        Bloomberg Business News  -  87 words
      • 89 7 (AP) WASHINGTON The White House has asserted the right to revoke the ban on homosexuals in the military without the consent of Congress. Some Republican lawmakers are exploring how to force a vote but the Senate's top Democrat predicted "it will all be
        (AP)  -  89 words
      • 70 7 (AFP) JERUSALEM Israel's Supreme Court will rule today on the legality of expelling more than 400 suspected Palestinian fundamentalists. a court official said yesterday. If the court orders the government to bring the men home, the threat of UN sanctions against Israel would disappear,
        (AFP)  -  70 words
    • 456 8 AP BRUSSELS The European Community's new agriculture chief has said that he favours the trans-Atlantic farm deal struck last year and sees it as a basis for global trade talks. EC Agriculture Commissioner Rene Steichen told a committee of the
      AP  -  456 words
    • 530 8 Reuter Knight-Ridder BRUSSELS The new US administration does not seem to be keen on concluding a new international trade agreement rapidly, says Belgian Foreign Trade Minister Robert Urbain. In an interview with the Belgian daily newspaper Le Soir on Tuesday, he said
      Reuter; Knight-Ridder  -  530 words
    • 572 8 Trends point towards eleaner. more open polities Reuter MEXICO CITY Mexico's long-ruling Institutional Revolutionary Party (PRI) is undergoing a radical facelift, experimenting with everything from a PRI credit card to an overhaul of its political apparatus to shed an image of corrupt one-party rule, officials
      Reuter  -  572 words
    • 399 8 Knight-Ridder Reuter WASHINGTON Russia is sliding "towards authoritarianism", with people losing faith in democracy and a free market economy, according to an opinion survey of Russians. The survey, released on Tuesday by the Times Mirror Centre for the People and the Press, found
      Knight-Ridder; Reuter  -  399 words
    • 436 8 Reuter BONN A Western emergency programme to upgrade dangerous Eastern European nuclear reactors could take shape within days, after six months of political wrangling, says a senior project official. Francois Demarcq of the European Bank for Reconstruction and Development (EBRD)
      Reuter  -  436 words
    • 383 8 Reuter WASHINGTON The crisis provoked by Israel's deportation of 415 Palestinians is threatening to confront the Clinton administration with a painful, no-win dilemma in its very early days. How it handles the approaching crisis may be crucial to the future of its relationship with
      Reuter  -  383 words
    • 181 8 FT KIEV The Ukrainian Cabinet yesterday approved a tough economic reform programme which seeks to steer the country towards a market economy over the next year. The plan, supported by both the conservative and progressive wings of the government. suggests that the Ukrainian Prime
      FT  -  181 words
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  • COMPANIES & MARKETS
    • 390 9  -  Partner Ben Thanh will be allowed to make its own cigarette cartons By Harish Mehta SINGAPORE Rothmans of Pall Mall (Singapore) is planning to manufacture new cigarette brands and cigarette cartons in partnership with a major Vietnamese tobacco firm in Ho
      390 words
    • 239 9 SINGAPORE The Straits Times Industrials Index yesterday breached its all-time high, only to close 2.21 points lower on the day at 1,603.07. The intra-day record of 1,607.22 was hit in latemoming trading, just a shade higher than the closing high of
      239 words
    • 272 9 SINGAPORE Newly-listed Public Finance Bhd has turned in a strong set of results for the year to Dec 31, 1992. Net earnings rose 31 per cent to M 527.9 million (5517.5 million) on the back of a 32 per cent rise in
      272 words
    • 679 9  -  HOCK LOCK SIEW By William Chia SINGAPORE Alert investors would have noticed that Sesdaq has been getting a good run lately, what with the robust performances of electronics counters such as Goldtron, Eltech, PCI and Venture Manufacturing. This has
      Source: Bridge Info  -  679 words
    • 380 9  -  From Al Labita in MANILA SINGAPORE'S Sembawang Group is expected to decide soon on plans to diversify its investment portfolio in the Philippines, a Philippine minister has said. "We are optimistic that Sembawang will push through its plans to step
      380 words
    • 275 9  -  By Genevieve Cua SINGAPORE .Nasdaqlisted Genelabs Technologies Inc will be acquiring one of Singapore's pioneers in biotechnology, Diagnostic Biotechnology Pte Ltd. The latter is well known for its kits to detect Aids and Dengue, among others afflictions. Genelabs* diagnostics division, based in Singapore as
      275 words
    • Article, Illustration
      358 9 Stmnv UnJy, Into Performance of STII's index stocks Jan 27 Last Sense Index Slock sale Chat factor Moter* <*) (5) Avimo I 960 0.010 1.69 -6 25 CAT 7 500 0 050 6 47 -31.25 Cercbos 4 780 0 100 4 13 -62.50 Cot J Store 3.020 2 61
      358 words
    • COMPANIES
      • COMPANY BRIEFS
        • 66 10 Land General on land sale Bernama KUALA LUMPUR Land General Bhd's proposed disposal of a 1.4-heetare pieee of vacant freehold land in Subang Jaya, Selangor, to RBY Bhd was transacted by way of private placement and was widely distributed. Replying to a Kuala Lumpur Stock Exchange query. Land General said
          Bernama  -  66 words
        • 89 10 Bernama KUALA LUMPUR Gamuda Bhd said there was no joint-ven-ture arrangement between the company and Bank Industri for the joint-venture company Gamuda Paper Industries Sdn Bhd. It said the intended shareholdings structure based on the Ms 9 million (555.7 million) enlarged paid-up capital for the Gamuda
          Bernama  -  89 words
        • 61 10 TOKYO A promotions girl showing off the first high-defini-tion television set available for less than one million yen (S$ 13,200) the 32HD1 announced here yesterday by Toshiba Corp, which hopes to integrate more into the home market. The 32-inch television sets will feature new large-scale integrated circuits,
          61 words
        • 65 10 MBT KUALA LUMPUR In a reply to the Kuala Lumpur Stock Exchange's query on the sale of 27 million shares in Sime Darby, Malaysia Mining Corporation (MMC) said the shares were transacted by way of private placement and were widely distributed. MMC added that
          MBT  -  65 words
        • 51 10 Bernama KUALA LUMPUR Perangsang Hotel Properties Sdn Bhd said the company was currently holding 6.412 million shares in Worldwide Holdings Bhd. The company said it had disposed a total of 8.915 million shares in Worldwide Holdings in September and December last year and in May 1991.
          Bernama  -  51 words
      • 198 10 MBT KUALA LUMPUR The Capital Issues Committee (CIC) has approved Kesang Corporation Bhd's proposed acquisition of property, and proposed rights issue, special issue and restricted offer for sale. The property that Kesang is acquiring comprises an integrated project consisting of nine blocks of shop/office
        MBT  -  198 words
      • 547 10 Outlook for Malaysian market But PE ratio also expected to be highest in Asean and HK MBT KUALA LUMPUR The net earnings per share (EPS) growth rate of the Malaysian stock market in 1993 and 1994 is forecast to be
        MBT  -  547 words
      • 291 10 MBT KUALA LUMPUR Perwaja Steel Sdn Bhd will proceed with the official opening of its rolling mill in Gurun despite the collapse of the mill's retaining wall yesterday morning. Four workers of Perwaja's contractors were killed in the mishap. In a
        MBT  -  291 words
      • 41 10 BANGKOK A girl show ing a promotions sign at a washing-machine counter of a Sanyo showroom here yesterday. Sanyo Electric, which is expanding the production of washing machines in Thailand, targets an annual production of 200,000 units by 1995.
        41 words
      • 245 10 Bernama KUALA LUMPUR O'Connor's Engineering Trading (Malaysia) Bhd. optimistic of maintaining its performance, will continue to focus on upgrading its operations, chairman Mokhtar bin Mohiddin said. At the same time, the group would also seek new business opportunities for expansion into other lucrative
        Bernama  -  245 words
      • 700 10  -  By Quak Hiang Whai SINGAPORE Hope springs eternal among Malaysia's broking houses. After last year's re-eord-breaking run on the Malaysian bourse, there are still some, like Arab-Malaysian Securities, who believe "the party has not ended". In a report compiled by Malaysian
        700 words
      • 284 10 Bernama KUALA LUMPUR Rating Agency Malaysia Bhd (RAM) has awarded a short-term rating of PI for the proposed issue of Msso million (5531.5 million) notes under the syndicated revolving underwriting facility by Hualon Corporation Sdn Bhd. RAM said in a statement yesterday
        Bernama  -  284 words
      • 412 10 Reuter BANGKOK Thailand's construction materials giant. The Siam Cement Co Ltd, yesterday announced lower-than-expccted 1992 earnings following a slump in the domestic construction industry caused by the slowing economy. Siam Cement president Chumpol Nalamlieng said unconsolidated net after-tax profit last year rose to
        Reuter  -  412 words
      • 449 11  -  By Sylvia Wong SINGAPORE Goldlion Holdings Ltd of Hongkong, one of the region's largest manufacturers and distributors of men's ties, plans to expand to the Russian and East European markets next, after establishing itself as market leader in China. The company recently
        449 words
      • 410 11 Bloomberg Business News HONGKONG The first index to focus solely on so-called "China concept" stocks listed on exchanges worldwide has been launched by leading Hongkong securities house Peregrine Brokerage. The Peregrine Greater China Index has 29 components that can
        Bloomberg Business News  -  410 words
      • 492 11 Reuter MANILA Rival factions in the battle for Philippine Airlines (PAL) yesterday leaked an exchange of letters over a bil-lion-dollar deal with Airbus and Boeing. The government, trying to help feuding private stockholders settle the row. said it would not allow the
        Reuter  -  492 words
      • COMPANY BRIEFS
        • 79 11 AFP BANGKOK Thailand's Securities and Exchange Commission (SEC) may set up specialised trust funds that would be additional vehicles for foreign investors to buy Thai stocks, an SEC official said yesterday. The funds would trade only in one stock each, unlike mutual funds that
          AFP  -  79 words
        • 70 11 Reuter TOKYO Mitsubishi Oil Co Ltd will invest approximately 1.25 billion yen (5516.25 million) in a California-based catalyst firm Catalytica Inc to boost its environmental technology, a Mitsubishi Oil spokesman said. "(Catalytica) has the technology to build refinery catalysts with ultra-low emission of
          Reuter  -  70 words
        • 84 11 Reuter TOKYO Mitsubishi Oil Co Ltd said it would produce and sell base oil in Thailand with three local partners, including stateowned Petroleum Authority of Thailand (PTT). The joint venture, to be set up in March, is likely to be owned 22 per
          Reuter  -  84 words
        • 57 11 AFP TOKYO Japan's Fair Trade Commission is investigating around 10 paint manufacturers for allegedly operating a price cartel in breach of anti-monopoly laws, commission officials said yesterday. Among those suspected of breaking the law are Japan's three top paintmakers, Kansai Paint Co Ltd, Nippon Paint Co
          AFP  -  57 words
        • 59 11 Reuter TOKYO Victor Co of Japan Ltd (JVC) said it has agreed to provide technical assistance to Gradiente Electronica, a Brazilian electronics maker, on the production of video-cassette recorders (VCRs) for an undisclosed sum. Under the contract, JVC will supply Gradiente with kit
          Reuter  -  59 words
        • 72 11 Bloomberg Business News TOKYO Sumitomo Metal Industries Ltd, a major steelmaker, is expected to raise some 70 billion yen (SS9IO million) through bond issuance during the next financial year ending March 1994, down 70 per cent from a year before, the Nikkei Financial Daily
          Bloomberg Business News  -  72 words
        • 64 11 Reuter LOS ANGELES Mattel Inc said it will design, manufacture and market a line of McDonald's Corp toys, under an exclusive licensing agreement with the fast food operator. The McDonald's "Happy Meal Magic" toy line will allow children to make miniature versions of McDonald's
          Reuter  -  64 words
      • 243 11 Bloomberg Business News TOKYO Major Japanese electronics maker Hitachi Ltd announced an agreement with US electronics maker Texas Instruments Inc to jointly research and develop a next-gen-eration dynamic random access memory (Dram) semiconductor chip, Hitachi said in a release. The two
        Bloomberg Business News  -  243 words
      • 339 11 Reuter SYDNEY Campbell Soup Co has raised its stake in takeover target Arnotts Ltd to 39.6 per cent after acceptances for 6.45 million shares yesterday. But Arnotts chairman Bill Purdy said he expected the hostile bid, which closes today, to fail
        Reuter  -  339 words
      • 374 11 Bloomberg Business News AKRON, Ohio Goodyear Tire Rubber Co plans to trim its workforce of 96,000 by about one per cent and expects to have a loss of US$66O million (SSI.OB billion), or U559.25 a share, for the year because of previously announced
        Bloomberg Business News  -  374 words
      • 86 11 Reuter LAS VEGAS, Nevada Joyce Lassila (left) and I>aura Pawlowski, both employees of the 37-year-old casino and Las Vegas landmark. Dunes, watched in sorrow as its marquee lights are turned off for the last time on Tuesday. The property has been purchased for US$75 million
        Reuter  -  86 words
      • 443 11 NYT New York Bank America Corp appears to be finally digesting its acquisition last year of Security Pacific Corp, which had far more troubled assets than was expected. America's second largest banking company said on Tuesday that it earned US$473 million (*****.7 million)
        NYT  -  443 words
      • 270 11 Reuter BOCHUM, Germany The two steel companies of Fried Krupp AG Hoesch Krupp announced broad restructuring plans on Tuesday aimed at streamlining steel activities, cutting 2.500 jobs and reaping annual savings of around 200 million marks (SS2O7 million). The chairmen of Krupp
        Reuter  -  270 words
    • FINANCE
      • 334 12  -  By Soh Tiang Keng SINGAPORE Singapore insurers have escaped unscathed from the tanker collision between Maersk Navigator and Sanko Honour off the northern coast of Sumatra, insurance sources said. They said that the two tank ers, both registered in Singapore, are insured
        334 words
      • 474 12 MOSCOW Fear of hyperinflation sent the rouble spinning to a new low in Moscow on Tuesday, increasing the cost of imported goods and threatening to punch a hole in an already big budget deficit. Traders at Moscow's tiny Interbank Currency Exchange drove the rouble down
        474 words
      • SMALL CHANGE
        • 87 12 Knight-Ridder SEOUL The won has weakened against the US dollar and may continue to fall, but traders say the weakening has nothing to do with the recent drop in interest rates in South Korea. The basic rate yesterday was 794.30 won to
          Knight-Ridder  -  87 words
        • 73 12 Reuter PERTH Prime Minister Paul Keating said he had no regrets about deregulating Australia's financial markets despite the weakness of the Australian dollar. Asked in a radio interview if he regretted exposing the Aussie dollar to international market forces, thereby creating "turmoil" for a government
          Reuter  -  73 words
        • 75 12 Bloomberg Business News MIAMI LAKES Drexel Burnham Lambert, the lead underwriter of high yield junk bonds in the 1980s, left investors with a burdensome legacy. Of the U*****.18 billion worth of junk bonds issued between 1983 and 1990, those underwritten by Drexel have posted a
          Bloomberg Business News  -  75 words
        • 73 12 Bloomberg Business News WASHINGTON Federal Reserve Bank presidents would lose their power to set monetary policy, under terms of Bills reintroduced in the 103 rd Congress. The measures are the same as legislation the 102 nd Congress didn't pass before it adjourned last year. Only Federal
          Bloomberg Business News  -  73 words
      • 473 12 Reuter TOKYO A decision by one of Japan's biggest commercial banks, Sumitomo Bank Ltd, to write off huge bad loans has raised expectations that other banks will try to do the same before the business year ends in March. "Sumitomo's decision
        Reuter  -  473 words
      • 352 12 Bernama KUALA LUMPUR Asia will produce the best basket of strong currencies in 10 years' time and the ringgit is expected to be in it, says an expert in financial services. Because of this, Malaysian financial institutions have been urged to
        Bernama  -  352 words
      • 364 12 New man at the helm faces challenge of turning the bank around Bloomberg Business News SYDNEY Westpac Banking Corp chairman John Uhrig yesterday told shareholders the salary package for US banker Robert Joss, who will take the helm of the troubled company next month,
        Bloomberg Business News  -  364 words
      • Article, Illustration
        1578 12 /rode x eighteJ index cahulaleJ atamv S'pure'\ l«p 14 trading partner* Bate ivar 19ft US$/S$ forward rates Noon Jan 27 s$ Bid Offer 1-month 1.6371 1 6386 2-month 1.6359 1.6374 3-month 1.6347 1.6362 6-month 1.6317 1.6337 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am yesterday: Singapore dollars to one
        1,578 words
      • 133 12 The USS/SS opened here at 1.6380/90. little changed from the close the day before but up from an overnight low of 1.6350 seen in New York. The dollar tried staging a minor rally on opening but failed to sustain above 1.6400. as yesterday's crash was
        133 words
      • 166 12 UPI LONDON The dollar was stuck in a narrow range yesterday in European trading, while the pound tumbled on fears of further cuts in interest rate. Sterling lost more than two cents against the dollar on the day as traders took the view the government might follow-up Tuesday's base
        UPI  -  166 words
      • 80 12 Reuter NEW YORK The dollar was barely changed against the mark at midday yesterday, following choppy trade all morning. It was slightly weaker against the yen. Weaker sterling sparked selling of punt, with the mark benefitting overall. Dealers said dollar was holding up well considering mark's strength. The
        Reuter  -  80 words
    • COMMODITIES & FUTURES
      • 512 13 SALAWATI ISLAND. Irian Jaya Indonesian stateowned oil company Pertamina expects to sign 20 new contracts for oil and gas exploration and production this year. "We will sign three contracts in the near future and are waiting for government approval for
        512 words
      • 484 13 Platt's LONDON Concerns for the future of several offshore UK gas field developments heightened on Tuesday as newspapers leaked the outline of a rescue package plan recommending large-scale subsidies for the UK coal industry at the expense of other energy sources, including
        Platt's  -  484 words
      • 258 13 Bloomberg ENERGY REPORT NEW YORK Crude oil futures in New York and London were trading about unchanged following a mixed US stock report and lingering questions about Opcc's ability to cut crude output, brokers said. The American Petroleum Institute released its weekly inventory and production figures
        258 words
      • 527 13 Reuter LONDON A forum of international bankers has shown little enthusiasm for a role for gold in a future world monetary system after the heavy central bank sales seen in 1992 and in spite of the large share of official
        Reuter  -  527 words
      • 296 13 Bloomberg Business News MELBOURNE One of Australia's leading gold producers. Gold Mines of Kalgoorlie, has almost doubled its estimate of gold at its 50-per-cent-owned Super Pit mine at Kalgoorlie to 15.4 million ounces or 480 tonnes. "There is nothing anywhere near
        Bloomberg Business News  -  296 words
      • 478 13 Platt's NEW YORK In an action that could be a harbinger of trouble for the US-led coalition against the Iraqi government of Saddam Hussein, Russian President Boris Yeltsin was reported to have ordered his Foreign Ministry to step up efforts to create conditions
        Platt's  -  478 words
      • 567 13 Delegates make little progress on new agreement Reuter LONDON A plunge in coffee prices on Tuesday has stunned the world's coffee producers, currently gathered in London for further negotiations on a new economic coffee pact. Producers turned up at the International
        Reuter  -  567 words
      • 405 13 Reuter LONDON Talk of Opec output cuts has rallied a weak petroleum market but analysts saw nothing yet to make them think the oil price will go much higher this year. A consensus seemed to be that the Organisation
        Reuter  -  405 words
      • 584 13 Reuter COLOMBO Sri Lanka's coconut industry, one of the Indian Ocean island's three traditional export industries, is trying to improve productivity, acreage and land utilisation, government officials and analysts say. It is also exploring new markets for its products, in what has
        Reuter  -  584 words
      • 1437 14 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures ended steady yesterday in uneventful trade with near-term uncertainty keeping dealers sidelined. The contract opened weaker in spillover technical selling as which began in Chicago on Tuesday. "But there is no sign that the market uptrend is
        Reuter  -  1,437 words
      • 1037 14 COMMODITIES REPORT Tin THE price of tin on the Kuala Lumpur Tin Market reversed its trend yesterday to close 12 sen higher at MS 15.10 sen per kg on good buying demand. Dealers said there was active participation in the market
        1,037 words
    • 1700 14 Rubber MS Ci—iity Exrtufi (futures dosing as at lpm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sen (tonnes) Interest Feb 93 151.25 151.25 150.75 150 1.000 Mar 153.73 152.50 152.50 1,150 6.225 Apr 155.50 154.25 154.50 1,225 6.975 May 157.75 156.50 156.50 700 6.800
      1,700 words
    • REGIONAL STOCK MARKETS
      • 1087 15 +5.6 Australian stocks closed higher yesterday despite failing to maintain strong early momentum provided by overseas markets. The share market opened sharply higher after a cut in British interest rates sent London's FTSE 100 Index 64 points higher to 2.836. "But there just wasn't enough buying to sustain the
        1,087 words
      • 582 15 +7.03 A large order for San Miguel shares by a foreign group based in Singapore sent share prices up yesterday, erasing an early slide caused by profit-taking in the market, brokers said. "San Miguel revved up all of a sudden. This foreign fund entered strongly and was very aggressive
        582 words
      • 379 15 -7.93 Seoul stocks closed below the 700 level in moderate trading, falling for the second consecutive day as investor sentiment dipped despite yesterday's cut in interest rates, brokers said. The Composite Stock Index fell 7.93 points to finish the day on 694.57. Brokers said they expected the index to
        379 words
      • 575 15 -137.53 Taiwan stocks plunged across the board on the first day of trade after Chinese New Year holidays yesterday, dragged down by political uncertainty and heavy profit-taking from strong gains just before the holidays. The weighted index closed 137.53 points or 4 per cent lower at its intra-day low
        575 words
      • 306 15 +8.78 New Zealand shares closed higher on hefty volume for the fourth successive day. Equities were buoyed by a number of factors including interest rate cuts in Britain, an easing of monetary conditions in New Zealand and strong markets in Britain, and Australia. Volume was a NZS33 million
        306 words
      • 84 15 +39.28 Indian stock prices could rise again today and the Bombay Index could gain by 20 to 25 points in the hope that the budget to be presented on Feb 27 would further open up the Indian economy, traders said. However, traders said the medium-term prospects for the stock
        84 words
    • WORLD STOCK MARKETS
      • 735 15 Britannia Funds Sterling Cash Bid Oder Mim Cap Deposit *M 1400 'M l "WO Mim Jeney Gill .0.I »79 0 1979 Mtm Mai Income ****** *1 0300 US$ Cash Income Pirn Fund 101*00 10 6200 PS S Reserve Fund 5 2000 3 2100 Sterling Kquit> Euro Performance 0.4445 ***** Far
        735 words
      • 625 15 -3.2 Shares ended with modest losses yesterday as the market took a breather following Tuesday's 2 per cent gain, although strategists reckon the setback is only temporary and expect the market to pull ahead later this week. Equities had started the session in positive territory amid hopes another one
        625 words
      • 120 15 -0.85 pc The Paris bourse suffered a substantial loss yesterday as the CAC-40 Index ended the session at 1,777.35 points, down 0.85 per cent by comparison with Tuesday's close. Traders said investors were discouraged by the absence of signs of impending interest rate cuts, among other factors. Paris Jan
        120 words
      • 114 15 -0.33 pc After a firm opening, the Stockholm bourse lost initial gains and ended slightly lower yesterday as speculation about lower domestic money rates faded. The All-Share General Index dropped 0.33 per cent to 887.86 in moderate turnover of 565 million crowns. Pharmaceutical company Astra went against the trend,
        114 words
      • 189 15 -13.84 A mixture of technical factors, selling from the futures market, cooling hopes of interest rate cuts and selected pressure on a couple of key stocks pushed Frankfurt bourse prices down nearly 1 per cent yesterday. The 30-share DAX Index ended at its low for the day of 1,562.30,
        189 words
      • 149 15 +0.15 Belgian share price movements were within a narrow range at the Brussels bourse close yesterday, with the exception of steel shares, which rose after news Dutch Hoogovens plans to raise its prices as of April. The Bel-20 Index of leading shares closed marginally higher, up just 0.15 point
        149 words
      • 177 15 1.53pc Italian shares closed off opening highs yesterday as an early rally failed to find the necessary follow-through to boost prices further in a market disturbed by the continued weak performance of Montedison shares. The MIB All-Share Index closed 1.53 per cent higher at 1,061. but the underlying trend
        177 words
      • 216 15 -0.10 Dutch shares gave up earlier gains, tracking the London and Frankfurt markets to slightly lower levels at midsession yesterday. The EOE Index stood at 291.40. 0.10 point lower. The closing report was not available yesterday. Amsterdam Ju 27 Fh +/T ABN-Amie SI 40 -.4 \epjn 79 30 -.1
        216 words
      • 251 15 17.16 On Tuesday, stocks ended stronger after telecommunications giant Northern Telecom Ltd breathed new life into the market with better-than-expected fourth quarter earnings, but the market eased from earlier gains following a late afternoon retreat on Wall Street. The TSE-300 index closed up 17.16 points or 0.52 per cent
        251 words
      • 842 15 +6.75 Wall Street fluctuated within a narrow range in very heavy trading yesterday following Federal Reserve Chairman Allan Greenspan's assessment that the US economy is recovering but obstacles remain. At 11 am (1600 GMT), the Dow Jones Index of 30 leading industrials was up 0.79 points at 3.299.74
        842 words
      • 264 15 -11.5 Swiss shares closed down after profit-taking gathered pace in the afternoon yesterday. The broad SPI Index fell 11.5 points to a final 1,248.4, a fraction above the day's low. Dealers said the Swiss franc's weakness against the mark rekindled fears of higher rates in Switzerland, and put pressure
        264 words
      • 336 15 -1 Plans for a sharp increase in Russian diamond production in the following two years took the wind out of recent bullishness about prospects for leading share De Beers yesterday. "The diamond news is bearish for De Beers, but foreigners remain net buyers of shares and this should offer
        336 words
    • Article, Illustration
      2981 16 Reuter SHARES finished moderately higher in subdued trading, with overseas buying of banks continuing to support the market. The blue-chip Hang Seng Index gained 16.16 points to close at 5.939.89. Volume eased to HKS2.O3 billion from Tuesday's HK.52.09 billion. "There was no clear trend, just a tug-of-war between bulls
      Reuter; Source: Bridge Info  -  2,981 words
    • Article, Illustration
      438 16 THE expectation of good company results in Shanghai, due around March, continued to boost the Shanghai A market yesterday. Renewed buying interests in the A shares after the Lunar New Year holiday pushed the CLSA Shanghai Index up 6.43 per cent to 7.950.85. Turnover was a healthy 35 million
      438 words
    • Article, Illustration
      2480 16 Reuter STOCKS ended little changed yesterday after a seesaw session, driven by index-linked trading. Sentiment was firm on investor expectations that the Bank of Japan (BOJ) would cut the discount rate soon. However, most investors kept a low profile, keeping volume thin, brokers said. "The market has been seeing
      Reuter; Source: Bridge Info  -  2,480 words
    • Article, Illustration
      1859 16 Reuter PROFIT-TAKING continued on bank shares while buying turned selectively to finance and securities firms and property stocks, brokers said. Banks extended their losses in afternoon trade while major property firm Bangkok Land lost its early gains. The SET Index lost 4.56 points to close at 983.41 on turnover
      Reuter; Source: Bridge Info  -  1,859 words
    • Article, Illustration
      779 16 Reuter SHARE prices closed mixed in fairly active trade yesterday, brokers said. The Official Index ended 0.32 point lower at 275.97. "There was both local and foreign interest. They are getting selective on some favourite shares hut buying interest was stronger." one broker said. Pulp and paper company Indah
      Reuter; Source: Bridge Info  -  779 words
    • 2259 17 Source: Bridge Info Source: Bridge Info Cr 1992.93 Lnl Vol l)*> Usl Quote W» W" JW M Cap High "low (ompanv SaW C000) H«h Low Boy« Vllrr C*r S P/E Saul MALAYSIAN STOCKS nB m) iai MSB 50c 121 xd 120 5.0 0.8 1.3 605.0 1*4.1 67 37
      Source: Bridge Info  -  2,259 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 4655 17 Bernama SHARE prices drifted to a lower close in continued thin trading yesterday with most investors still away for the Lunar New Year holidays, brokers said. The Kuala Lumpur Stock Exchange Composite Index fell 1.45 points to close at 624.89 while the Industrial Index
        Bernama; Source: Bridge Info  -  4,655 words
    • STOCK EXCHANGE OF SINGAPORE
      • 6645 18  -  By Moiz Tyebally EXPECTATIONS that the Straits Times Industrials Index would breach its all-time high were met briefly yesterday. The STII went past its record closing high of 1,607.12 by just 0.10 point in late morning trading but it receded on lack of
        Source: Bridge Info  -  6,645 words
      • 83 18  -  HOT STOCK Paul Leo WING Tai Holdings is poised for a big move either way. It is currently traded at $1.59. Should it fall below 5i.57. the support is at $1.30. If it pierces this, it would confirm a bear trend which could send the stock down
        SOURCE: BRIDGE INFO  -  83 words
  • Page 9 Advertisements

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  • Page 14 Advertisements
    • 655 14 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF DOC INVESTMENTS PTE. LTD. (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 47 Hill Street *05-01. Chinese
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    • 21 14 As and when the latest I xmdon Rotterdam prices are not available, the previous trading day's closing figures are carried instead
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  • Page 15 Advertisements
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  • Page 16 Advertisements
    • 53 16 CALL MILANO'S HOT DELIVERY HOTLINE NOW! I 468-2222 I 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). FREE delivery for a minimum order of $10.00 $3.00 surcharge for delivery after 11.00 pm. Hiiano i All
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    • 70 17 A Timely Investment. Sole Agent: DICKSON WATCH JEWELLERY (S) PTE LTD W'Wmm/m (A wholly owned subsidiary of OICKSON CONCEPTS LTD) Y§\. JJIgW HERMES A rnt A m A A DICKSON WATCH JEWELLERY: THE PROMENADE -300 Orchard Road #01-03 Singapore 0923 Te *****00 CENTREPOINT -176 Orchard Road #01 -05/06 Singapore 0923
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  • Page 18 Advertisements
    • 53 18 i CALL MILANO'S HOT DELIVERY HOTLINE NOW! i I 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 $3.00 surcharge for delivery after 11.00 pm. S
      53 words

  • SPORTS
    • 278 19 Golf AP DUBAI Defending champion Seve Ballesteros of Spain and England's No. 1-ranked Nick Faldo lead the chase for the £400,000 (Ssl million) Dubai Desert Classic Golf Championship beginning today. The two superstars are among a field of more than 120 golfers vying for
      AP  -  278 words
    • 321 19 Johnnie Walker Classic SINGAPORE Some of the world's top players will be taking part in a "guaranteed-to-thrill" shootout for charity two days before next week's Johnnie Walker Classic in Singapore from Feb 4 to 7. World number one and Johnnie Walker world champion
      321 words
    • 630 19 Australian Open Reuter MELBOURNE Jim Courier hammered out a ruthless message to the three pretenders for his Australian Open title with a quarter-final demolition of Czech seventh seed Pctr Korda yesterday. The world No. 1 copied the earlier deeds of Michael Stich, Stefan Edbcrg and
      Reuter  -  630 words
    • 81 19 NEW YORK National Football League stars (clockwise from top right) Boomer Esiason of the Cincinnati Bengals, Eric Dickerson of the Los Angeles Raiders, Phil Simms of the New York Giants, Howie Long of the Raiders, Taylor of the Giants and John Elway of the Denver
      81 words
    • 1141 19  -  Thomas George talks to the Cowboys' rushing champion Thomas George NYT IRVING, Texas For the funky, the hip-hop and the proper slant on all that really matters in Super Bowl XXVII, MTV host Bill Bellamy last Friday turned to the spot where
      NYT  -  1,141 words
    • SIDE LINES
      • 113 19 AP TOKYO American sumo wrestler Chad Rowan got the honoured yokozuna's loin-cloth tied around him at his stable yesterday. With characteristic humility, he officially became the first foreign grand champion in the history of Japan's ancient national sport. Some Japanese had expressed uneasiness over the
        AP  -  113 words
      • 89 19 AP PERTH. Australia Greg Norman. Australia's favourite golfing son. has returned to his native eountry to compete for the first time in nearly a year. The 37-year-old Norman has entered the A 5200.000 Vines Classic golf tournament, starting today on the 7.101-yard, par-72 Vines Resort
        AP  -  89 words
      • 111 19 Reuter SEOUL South Korea's golf bug is swiftly reaching epidemic proportions. Sports Ministry figures show some 5.79 million visits, including 130.000 by foreigners, were made to the golf courses across the country last year, sharply up on the 4.38 million registered in 1991 and 3.54
        Reuter  -  111 words
      • 90 19 AP MONTE CARLO. Monaco Didier Auriol of France came from behind for the second year in a row to win the Monte Carlo Rally yesterday in the finai stages. Auriol. in a Toyota Celica, overtook another Frenchman. Francois Delecour. in the next-to-last section of the
        AP  -  90 words
      • 89 19 AP SCOTTSDALE, Arizona John Daly, looking fit and trim after 3Vi weeks in an alcohol rehabilitation clinic, returned to the public eye on Tuesday and said he is committed to lifelong abstinence from alcohol. Daly, 26, entered the treatment ccntre shortly after Christmas after
        AP  -  89 words
    • SCORECARD
      • Article, Illustration
        238 19 AP AFP WASHINGTON Tuesday's NBA results: New York 98 Philadelphia 90: New Jersey 106 LA Lakers 91: Washington 104 Miami 102 (OT): Orlando 120 Atlanta 106: Milwaukee 100 Houston 86; Chicago 123 Dallas 88: Utah 113 Cleveland 96; Portland 143 Golden State 133. NBA Standings: Eastern Conference Atlantic Division
        AP; AFP  -  238 words
      • Article, Illustration
        271 19 Reuter NEW YORK NHL results Tuesday: Pittsburgh Penguins 6 Washington Capitals 3: Buffalo Sabres 4 Philadelphia Flyers 3 (OT): New York Islanders 8 New Jersey Devils 2; Boston Bruins 4 Quebec Nordiques 4 (OT): Minnesota North Stars 2 Toronto Maple Leafs I; St Louis Blues 5 Ottawa Senators
        Reuter  -  271 words
      • Article, Illustration
        102 19 AP MONTE CARIX) Final results of the Monte Carlo Ral!> with driver, country, car and leader's time: I. Didicr Auriol. Fra. Toyota Celica. six hours. 13 minutes. 43 seconds; 2. Francois Dclccour. Fra. Ford Escort Cosworth. 15 seconds behind: 3. Massimo Biasion. Ita. Ford Escort Cosworth. 3:01 behind; 4.
        AP  -  102 words
      • Article, Illustration
        102 19 Reuter CALGARY Second round results in the Canadian Open luesday (prefix number denotes seeding): Darren Webb (Eng) b Paul Gregorv (Eng) 15-6 6-15 15-13 15-13; Stephen Meads (Eng) b 8-Mark Carlvon (Aus) 16-17 9-15 15-8 15-8 17-14: Zubair Jahan Khan (Pak) b 3-Tristan Nancarrow (Aus) 15-5 15-6 15-5; 6-Tony
        Reuter  -  102 words
      • Article, Illustration
        144 19 MKI.BOLRNE Australian Open results yesterday. Men's singles quarter-finals: Pete Sampras (US x 3) b Brett Steven (NZ) 6-3. 6-2. 6-3; Michael Stich (Ger xl 4) b Guy Forget (Fra xl 1) 6-4. 6-4. 6-4: Stefan Fdbcrg (Swe x 2) b Christian Bergstrom (Swe) 6-4. 6-4. 6-1; Jim Courier (USA
        144 words

  • LIFESTYLE
    • 1173 20  -  Benedict Nightingale on the making of the latest Merchant-Ivory film Benedict Nightingale NYT eep in rural Glou- cestershire is the village of Bad- U minton, famous not only because vit gave the world the game that jStill bears its name but also because it contains the
      NYT  -  1,173 words
    • 543 20  -  Man Yamaguchi looks at what is now considered cool Mari Yamaguchi AP j-f ro OHASHI says he j V loves black music, but i A doesn't quite get the lyrics. With his baggy pants and a knit cap pulled down over his ears, you know
      AP  -  543 words
    • 459 20 CHATTERBOX SINGER, producer, actress and director Barbra Streisand said on Tuesday that in spite of reports to the contrary, she has no plans to try for a seat in the US Senate. "Running for the Senate is out of the question. There
      459 words
  • Page 20 Advertisements
    • 136 20 Buffet Lunch Now on every Monday to l ri< lay. you < cii 1 indulge y<xirself at iti«- lee-< )lt (:ate with our fantastic spread of huffct lunch whu It includes Air-tlown Hik k ()yster. Assorted Salads. Soup. Roast striploin. Money ilazcd Mam. Assorted Dessert and much more. I'oronly SI
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  • Page 20 Miscellaneous
    • 1208 20 TV RADIO Childhood In The Land Of The Giants. 8 00pm, SBC 12 MgL s"* As toddlers interact with their families, they are also learning acceptable codes of behaviour. A stud> of childcare in Japan. k Brazil and Russia shows that all societies perpetuate themselves in this v\a\. vshich I
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  • Page 21 Advertisements
    • 897 21 Nflttiiiitf where to wine > d,he amd entertmn KING OF IS avour a gastronomical teas! fit for a king in our Cantonese and Szechuan Buffet. Enjoy unlimited servings of famous Szechuan cuisine like deep-fried mantou (traditional Chinese buns) and fresh prawns in tomato sauce and choice Cantonese dishes like sliced
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    • 410 21 Fancy Beijing? Then, we're delighted to suggest the Pine Court for a memorable dining experience. Try our Beijing specialities such as V Baked Tench, Beijing Duck and Marinated Lamb and our lunch menu of Beijing dian xin. M.|,| f| To add to your enjoyment, all these are well within BEIJING
      410 words

  • INNOVATION & TECHNOLOGY
    • IN TAKES
      • 80 22 AFP TOKYO NEC Home Electronics Ltd stopped producing videorecorders last month, a company spokesman said earlier this week, adding that the group is no longer interested in the well-tried technology of the machines. The group is a subsidiary of NEC Corp, the world's
        AFP  -  80 words
      • 76 22 UPI TOKYO Mitsubishi Electric Corp has agreed to provide the United States Air Force with hightech radar technology it has developed for Japan's next-generation jet fighters, a company official said. This will be the first military technology transfer from Japan to the US, the
        UPI  -  76 words
      • 65 22 AFP BANGKOK Thailand's Princess Chulabhorn, an active campaigner for awareness about Aids, has given her backing to a controversial proposal that Aids vaccines be tested here. In an interview in the United States broadcast by the governmentrun Radio Thailand over the weekend, the Princess also
        AFP  -  65 words
      • 77 22 AFP TOKYO The French firm which reprocesses spent nuclear fuel from Japan has asked its Japanese clients to take home by the end of next year highly radioactive waste from the recycling process, it was reported on Monday. Jean Syrot, president of the
        AFP  -  77 words
    • 553 22  -  An NUS team has created a state-of-the-art tester to ensure that LEDs keep flashing. Helen Chang reports Helen Chang A FEW years ago. Associate Professor Jacob Phang looked into the crystal ball of electronics and saw that the future lay in flashing gadgets. He realised
      553 words
    • 477 22 THERE is nothing new about the idea of heating plastic to recover petroleum products. Spurred by the two oil crises, scientists have developed a number of different techniques. Unfortunately most produce substances that exist in a solid wax-like state at room temperature. Recently, however,
      477 words
    • 332 22 Reuter A CANADIAN engineering firm said on Monday that it has developed a threedimensional viewing system for surgery that will make operations safer, cheaper and more efficient. Vancouver-based International Telepresence Corp said the computerised system, which has
      Reuter  -  332 words
    • 1082 22  -  American farmers in the arid Mid-West will do almost anything to carpet their ground with the precious product of New York's sewage system. Michael Specter reports Michael Specter NYT WHETHER the cargo wanders the world endlessly on a barge, or is hauled by rail to
      NYT  -  1,082 words
    • 262 22 Reuter JAPAN will start long-term research into gene therapy as part of its efforts to combat Aids, a health ministry official said in Tokyo on Tuesday. The ministry will set aside 150 million yen (Ss2 million) this year to start basic research
      Reuter  -  262 words
    • 847 22 Japanese firms embracing chaos theory in bid to boost sales NYT IN RESEARCH laboratories around the world, chaos theory, a young scientific field that seeks to find order amid seemingly random behaviour, is providing insights into the behaviour of the weather, the inner workings of
      NYT  -  847 words

  • THE LAW PAGE
    • 1127 23  -  Walter Woon on the rights and responsibilities of an employee Walter Woon THERE was an interesting piece in Business Times on Jan 4 about an American businessman who had given up the right to fire employees except for a good cause. It may
      Robert Mankall  -  1,127 words
    • 1155 23  -  Selva Kumar reports on the ambitious plans for Asia Business Law Review Selva Kumar 1N THEIR own way, the staff of Nanyang Technological University's School of Accountancy and Business have answered the call to go regional. They have joined hands with local publisher
      1,155 words
    • 569 23  -  ATTHE BAR By Conrad Raj NOW that an Appeals Court is being set up. the talk is that Chief Justice Yong Pung How will soon turn his attention to court specialisation and create a court or several courts just to hear commercial cases. Most
      569 words
  • Page 23 Advertisements
    • 214 23 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 r IN TH£ MATTER OF A THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF ADVANCE ELECTRONICS (MALAYSIA) PRIVATE LIMITED (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 ol the Companies Act. Cap 50 that a final
      214 words
    • 249 23 LIQUOR LICENCE NOTICE NOTICE IS HEREBYGIVEN thai, I, Ang Boon Soon of 102 LealorGreen, Singapore 2678, have applied tor a Retail Beer Shop licence in respect of premises at M/s Aik Lian Seng (The Underground Shop) at Blk 534, 81-207 Serangoon North Avenue 4, Singapore 1953, and that this application
      249 words
    • 251 23 IN THE MATTER OF THE COMPANIES ACT, (CHAPTER 50) AND IN THE MATTER OF WIDELINK SUPERSTORE PTE LTD (Incorporated in the Republic of Singapore) (IN LIQUIDATION) (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of members of WIDELINK SUPERSTORE PTE LTD duly convened and held at 340 C King
      251 words

  • 539 24 EDITORIAL AUSTRALIAN Prime Minister Paul Keating hit the nail on the head this week when he called for a revolution in the way Australians think and work. The country is still aligned historically and culturally to Europe. Only lately has it woken up to the
    539 words
  • WHAT THE OTHERS SAY
    • 391 24 LAST SATURDAY, we reprinted an opinion by a Singaporean expatriate in Hongkong which contends that social policies which are an article of faith to Singaporeans have created a cocoon so cosy that they have wounded the spirit of daring. In the terminology of the debate
      391 words
    • 141 24 SINGAPOREANS' overseas income contribution to the GNP is significantly smaller than that made by their South Korean and Taiwanese counterparts to their countries largely because of each government's different economic policies. To encourage Singaporeans to venture abroad, we should not only learn from Hongkong's experience but
      141 words
    • 152 24 TAXES, like death, are said to be inevitable. Yet there are some mortals, even in modern, Western-style economies, who are considered to be above taxes. The Queen of England is one. The Governor of Hongkong, who still rules in the Queen's name, is another. If he
      152 words
    • 181 24 ALTHOUGH Minister of Foreign Affairs Ali Alatas failed to persuade the Khmer Rouge to enter into the peace process in Cambodia, he still nurtures the hope that the rejecters will not disrupt the Cambodian presidential and parliamentary elections scheduled in May. The Khmer Rouge has
      181 words
  • 731 24  -  Michael Leifer sees a serious East Asian problem in the post-Cold War era: how to avoid violent, destabilising changes in the territorial status quo Michael Leifer The writer is professor of international relations at the London School of Economics and Political Science IHT EAST
    IHT  -  731 words
  • Page 24 Advertisements
    • 323 24 Someone dose has been living Your son in Canada is studying for some years, overseas. Yb s enu P And you ISJIhS? I m a l« long tellers. want him The Straits Times ■KMgjH close to home Weekly tells tt better. -with news (He might from home. comeback AvjMtoPvnfl after
      323 words
  • Page 24 Miscellaneous
    • 173 24 f mF\De f\ I iwe Meftu sue ioosencD\ wz.6oz.von 8L0e....™e Fißrn'sN Vgood J I CP*NTOE.K GOOD FoQH i S V* E>*OPND smuxi ON *£R J QU>Dg. tssPecToft ujfts weße. J r 1/ V- C A«SOCIATEO LTD.. IWi-tH) POONESBURY GARRY TRUDEAU H—» if you're someone i haventA if, oh theotherhand, YOUVE\
      173 words

  • ANALYSIS
    • 1097 25  -  Abdel Raouf EI Reedy says the escalating American response to Iraqi provocation may prove counter-productive Abdel Raouf El Reedy The writer was Egypt 's ambassador to the United States from 1984 to 1992. He played a key role in shaping the
      Los Angeles Times  -  1,097 words
    • 1770 25  -  Prince Norodom Sirivudh, half-brother of Prince Norodom Sihanouk, talks to Harish Mehta about the split in the royal family, and refutes allegations that his party is being bankrolled by the Khmer Rouge Harish Mehta PRINCE Norodom Sirivudh, a senior member of the Norodom
      1,770 words
    • 261 25 PRINCE Sirivudh. 41, sports many of the mannerisms of his half-broth-er. Cambodian head of state Prince Norodom Sihanouk. They speak in a high-pitched voice, and also share a tendency to stir up controversies. He is a senior leader of the royalist Funcinpec party, which
      261 words

  • 446 26 AFP WASHINGTON A group of influential policy-makers has urged President Bill Clinton to ensure his administration pays more attention to Asia, saying that years of neglect had led to a decline of US influence in the region. "Asia has not received
    AFP  -  446 words
  • 576 26 AP WASHINGTON President Bill Clinton, who made a campaign issue of Republican favouritism of the wealthy, has more millionaires among his top advisers than either Ronald Reagan or George Bush. Mr Clinton has at least nine millionaires at the
    AP  -  576 words
  • 380 26 AP NEW DELHI Boris Yeltsin arrived in India yesterday on the first visit to the country by a Russian leader since the Soviet collapse, hoping to solve a nagging debt issue and seal a US$5OO million (SSB2S million) arms deal. Mr Yeltsin wants
    AP  -  380 words
  • 144 26 AP HONGKONG China has accused a senior Hongkong official of misleading international investors by saying Beijing's approval is not needed for a container terminal project in the territory. The China News Service yesterday quoted the unnamed spokesman of Beijing's Hongkong and Macao
    AP  -  144 words
  • 283 26 JAKARTA Asian countries, often accused of ignoring the rights of their people, yesterday agreed at a UN conference to set up national commissions to protect human rights, but they were unsure how to keep them independent. "It is the flavour of the
    283 words
  • 807 26  -  The Bottom Line NIRMAL GHOSH NIRMAL GHOSH The writer is a BT journalist AMERICAN Secretary of State Warren Christopher has voiced support for Germany and Japan's desire for permanent membership of the United Nations Security Council. This was predictably welcomed in Tokyo.
    807 words
  • 315 26 Reuter GENEVA The European Commission's External Relations Commissioner, Leon Brittan, yesterday called for a successful end to the Uruguay Round trade talks before the US fast-track negotiating authority expires. Sir Leon also said he believed France could accept an overall trade
    Reuter  -  315 words
  • 343 26 AP Reuter KUWAIT Armed Iraqis have crossed the border three times over the past week to rob Kuwaiti farmers and their Asian employees. Interior Minister Sheik Ahmed Al-Hamoud Al-Sabah said yesterday that he believed the intruders were Iraqi security police dressed in civilian
    AP; Reuter  -  343 words
  • Page 26 Advertisements
    • 381 26 St'jwa MARKETING Tomorrow in Business Times i Seminar on I IT in the Year 2000 The rapid and dramatic changes that have taken place in information technology in the last tew years have resulted in a fundamental restructuring of the computing industry and has had a significant impact on business
      381 words
    • 33 26 r v J j v -'-x MARKETING Tomorrow in Business Times New EC agriculture chief backs last year's deal with US, Pg 8 No US urgency over Gatt deal: Belgian minister, Pg 8
      33 words

  • Shipping Times
    • 445 27  -  Tanker disaster off Sumatra By Ramesh Divyanathan SINGAPORE Marine Department officials are questioning officers from a supertanker which spewed thousands of tonnes of oil into the Andaman Sea after a collision last week off the northern tip of Sumatra. The department's director, Teh Kong
      445 words
    • 295 27 Reuter AMSTERDAM Institutional investors in Dutch transport firm Koninklijke Nedlloyd Groep NV have taken up the fight for more shareholder power in Nedlloyd from Norwegian Torstein Hagen, who sold much of his stake earlier this year. A group of Hagen's former allies wrote to Nedlloyd's
      Reuter  -  295 words
    • 452 27 Reuter BEIJING China is planning huge investments this year in transport infrastructure, one of its biggest economic bottlenecks, and foreign investment will be welcome, the Minister of Communications said. "This year will be the most important for upgrading China's communications and
      Reuter  -  452 words
    • 865 27 Page Col ABC Containerline 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
      865 words
    • 242 27 Reuter LONDON Shipowners face increases in hull premium costs of 25 to 30 per cent in 1993, chairman of the Institute of lx)ndon Underwriters/Lloyd's of I>ondon Joint Hull Committee, Roger Nixon, said. "My suggestion for the way forward after 1993 would be even
      Reuter  -  242 words
    • 383 27 MBT KUALA LUMPUR Diverting some of the traffic from the Straits of Malacca is not a solution to prevent collisions in the straits, said a local master mariner. A more permanent approach is to establish a traffic management system for the whole length
      MBT  -  383 words
    • 238 27 JAKARTA Twenty-six companies are bidding for a 177.92 billion rupiah (about Ssl42 million) project to expand and renovate the Tanjung Emas harbour in Scmarang. Central Java. "A team is now selecting the bidders and the winner will be announced in March," said a harbour
      238 words
    • 978 28 Oil spills are very costly affairs and somebody has to pay to clean up the mess. Fairplay reports on how claims are made and who pays for the damage done Fairplay WHILE the seas around the Shetlands are still raging, the mechanisms for liability
      Fairplay  -  978 words
    • 479 28 The Baltic Freight Index on Wednesday repeated Monday's two point rise to stand at 1,274 but activity in the freight market remained subdued, brokers said. Sentiment suffered from new obstacles arising on the Russian grain credit offered by France for the purchase of 2.5 million tonnes. French banks
      479 words
    • 850 28 THIS twicc weekly report, compiled by Cockctt Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      850 words
    • 273 28 COURSES 1993 Shipping courses organised by Singapore National Shipping Association. Feb 3 Apr 7 (10 evenings): EfTective Written Communication in Shipping Management (SDF 50%). Feb 11 May 20 13 evenings): Principles of Shipping Documentations Practices (SDF 70%). Feb 26: I-day Familiarisation Course on Singapore Bunkering Procedure (SDF case
      273 words
    • 12599 36 I his is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang
      12,599 words
    • 3325 41 A* Containerliae NV: Bclsin Shpg Agencics Pic Ltd (SVMannc Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Ptc Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine Caisource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Sen ice: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Ptc Ltd
      3,325 words
    • 262 41 Abacus Couriers Td: 545-8011. Fax: 545-1898. Air Express Travel Td: 533-5771. Fax: 535-6144 Airborne Freight C orporation Tel: 542-8844. Fax: 542-3716. *****80. Airswift Worldwide Courier Td: 278-0188. Fax: 273-8283. AJS Supplies Td: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Services
      262 words
    • 1454 41 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td. 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight International Td: 545-8033 Fax: *****05 Td:"542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454 Fax: *****06 Air Express International Td: 542-7666. Fax: *****74. *****50. Air Market Express
      1,454 words
    • 1808 42 ALBANIA Durres: Seven vessels in port of which 1 discharging bulk coal; 4 discharging general cargo, 1 disrharging/loading trucks, 1 loading empty containers. ANGOLA Luanda: Port operating normally following minor incident between police and military Jan 15. Government announced half day "tolerance" holiday Jan 18 from afternoon. Port
      1,808 words
    • 589 42 SHIP SALES TANKER RATES The Chinese New Year holidays are effecting the market and there were only a few demolition sales reported, however the overall impression was still that this area remains firm and committed to further purchases. VESSELS SOLD FOR FURTHER TRADING Bulk carriers Esperanza: 66,136 dwt and built
      589 words
    • 556 42 ARRIVALS DEPARTURES Op night I>pe ETA T From Op Flight I>pe ETD T To TODAY TODAY KAL KE697 B747F 0150 1 SEL KAL KE697 B747F 0440 I BKK SIA SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 1 LUX/DXB BA822
      556 words
    • 489 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Att Pep Name of Vessel ETA LTD Ports of Calls Port Agent Telephone No JANUARY 28 30 Golden Odyssey 0800 1600 Asean Cruise Singa Ship Agencies 224-4308 29 29 Fantasy World 1000 1900 Asean Cruise Laun Sons 227-8284 29 29 Cora Princess 1000 1800 Asean
      489 words
    • SHIPS IN PORT
      • 433 43 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Vnvi Departue Jur jng Port Yanaimuhao 9204 P02 alongside 28 01/1830 Berry V3 il2 atongsKle 28 12/0600 Caltex 27/01* P01A 2701/1100 2701/1900 labroy 80/B 13/93 13 alongside 2812/0600 Calte* 28/01* P01A 28 01/1100 28 01/1900 BOSCO 3
        433 words
      • 1681 43 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Voy Ho Containers avaiabie Ship Voy No Containers avaiabie Nor Pearl 9244-1 COO(EST) 27.01.93 1500 Islamabad 107HW 26.0193 0940 Sino Marine 06N COO(EST) 27 01 93 1500 Huatathe 47E 26.01.93 0950 Tambang VI 7124 COO(EST) 27.01.93 1945 Seatark 273N 26.01.93
        1,681 words
    • AIR AND LAND TRANSPORT NEWS
      • 430 46 AP WASHINGTON The three biggest US airlines urged the Clinton administration on Tuesday to withhold approval of a US$3OO million (Ss49o million) British Airways (BA) investment in financially strapped USAir. "United States policy should be to open our doors to foreign investment
        AP  -  430 words
      • 505 46 Reuter DETROIT Detroit's Big Three carmakers are planning to file a massive dumping suit against their Japanese counterparts that could sharply increase prices for imported cars. Representatives from General Motors, Ford and Chrysler on Tuesday confirmed a report in the
        Reuter  -  505 words
      • 538 46 NYT NEW YORK Squeezed by fewer orders for military aircraft and commercial jet airliners, three major aerospace companies announced cutbacks on Tuesday that will result in layoffs of thousands of workers in the coming months. Pratt Whitney, the jet engine manufacturer with headquarters in
        NYT  -  538 words
      • 635 46 Reuter LONDON For as long as anyone can remember Britain, the country that invented rail travel, has struggled to run an efficient, profitable network. Complaints about cancelled trains, high fares and the quality of British Rail sandwiches are as much a part of
        Reuter  -  635 words
      • LOGBOOK
        • 74 46 Nikkei TOKYO Alarmed by the recent oil spillage from the tanker Maersk Navigator off Sumatra, Japan's Transport Ministry is expected to call for an early switch to double-hulled tankers, according to a report in yesterday's Sihon Keizai Shimbun. The Transport Ministry said on Tuesday
          Nikkei  -  74 words
        • 62 46 SINGAPORE National carrier Neptune Orient Lines (NOL) is expected to take delivery by mid-February of 140 units (20 footer) of new reefer containers built by Hyundai Precision of South Korea for US$2.4 million (Ss4 million). NOL currently has 138 reefer containers deployed in its
          62 words
        • 59 46 SINGAPORE- The 1993 Multiport Ship Agencies Network Directory is once again available free of charge. The 140-page directory covers over 1,000 ports worldwide through Multiport's 78 members. It lists both the office and after work telephone numbers of key executives in member agencies. The directory
          59 words
        • 74 46 Reuter MIAMI Royal Caribbean Cruises Ltd said on Tuesday it signed a letter of intent forthe construction of up to three new cruise ships, an order whose total value could exceed US$l billion. The ships will be built at Chantiers de l'Atlantique in St
          Reuter  -  74 words
        • 55 46 Reuter SAO PAULO Brazil's port unions delayed their decision on whether they will strike to protest over port reform legislation. "We are watching events in Congress and won't take any decision on a protest until around one o'clock (1500 GMT) tomorrow," Joao Luiz da
          Reuter  -  55 words
      • 1325 46 c$ mi no nw n»_ Abu PkaH GA887 1500 MolaMa QF81 1935 QF82 2050 SQ228 2040 Aatiterdaai SQ319 0810 KL838 2350 KL837 1545 ktkmt SQ347 1730 Auckland NZ21 1710 BA11 1310 N228 1840 SQ288 2045 Bakrata GF148 0850 B Sari Bagawan B1421 1105 SQ182 0930 SQ181
        1,325 words
  • Page 27 Advertisements
    • 5 27 Lubricant Liability machinery; Page 2
      5 words
    • 33 27 Big 3 US airlines protest against BA-USAir deal. Back Page Lines and services represented by /jij&SSfev I Members of the Registry of AccrtdltMl /s^ESKvJ syg're",. For advertising enquiries contact Shipping Timet Tei 740-*****740-2090.
      33 words
    • 323 27 THE FAMOUS Imk/pimk ■SMillglJ 224 1833 For more information please refer to Pg. 13 Someone close has been living Your son in Canada is studying for some years, overseas. You've given up HBSIH And you B9UAU4S want him Thefts Times ■UMsjH close to home weekly tells it better. -with news
      323 words

  • Page 28 Advertisements
  • Page 28 Miscellaneous
    • 617 28 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0600 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 23M ft 1.1 2.3 2.6 2.6 2.4 2.0 1.5 1.1 0.9 OS 1.0 1.4 2.0 2.5 2.7 2.7 2.4 1.9 1.4
      617 words

  • Page 29 Advertisements
    • 2629 29 M OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES *l|f## *****11 FAX: *****09 \lllflr BOOKINGS TEL: *****34 *****58/ *****40 gimM CFS (PSA F5) TEL: *****21/ *****79 P EflflQfl H PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. L VMf J PORT KELANG TEL: *****18 FAX: *****91 *****88 ~—T !~~7T 0 PENANG TEL: *****4
      2,629 words
    • 1745 29 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 JSuAScTI g UNITED ARAB SHIPPING CO-fSAGljlm To US East Coast HTC UL Mini UHIIHU MM 1/02 9/13 U/U II II 14/03 ft IMBMM MM 17/82 24/01 20 03 27 03 »/U mummmim »04 M/M U/M ivm 6M OK MOOM M/U 21/84 2V84
      1,745 words
    • 1297 29 MOVING AHEAD WITH YOU TO SOUTH AFRICA VAAL V.8761F ETA SIN 2ND FEBRUARY 1993 Vessel Voy ETA ETC Feeder by Sea Lark/Aries DESTINATIONS TMa M«t Marcher Maertk 8302 cv 2/2 itoo hrs CFS 2/2 0300 HRS JOH LPK PEN OAK IGB HOU SOO ATL MIA CMS BAI PHL NYC ARC
      1,297 words

  • Page 30 Advertisements
    • 1442 30 AOABA R'DAM/ [I MMMMB VOY NO S PORE JEOOAH (via JEO) S TON H BURO ANT HAVRE HAMBURG EXPRESS 12/103 28/1 13/2 16/2 14/2 L Mi NRTKMO HANNOVER EXPRESS 12/303 1/2 10/2 16/2 18/2 21/2 23/2 25/2 ffef RBJMB ft fOMHB THAMES 15/104 3/2 20/2 23/2 21/2 28/2 «B|ft WI/COHTtCfT
      1,442 words
    • 517 30 FCL BreakbuJk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul foe all services C.1.5.-Vootochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam a Mongolia Hungary CSFR e Poland ocT<§>Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel VILLE DE VENUS 30 /01 POL EAST 07/02 VILLE
      517 words
    • 1359 30 I ragoiMia mxmm REGULAR INDEPENDENT FULL CONTAINER SERVICE VBL/VOY SIN ALG BCL* LHA I NORASIA PRMCESS 9248-3 02/02 23/02 24/02 28/02 01/03 02/03 03/03 04/03 05/03 NORASIA SUN 9249-3 09/02 02/03 04/03 07/03 08/03 09/03 10/03 11/03 12/03 NORASIA PEARL 9250-3 19/02 11/03 13/03 15/03 16/03 17/03 18/03 19/03 20/03
      1,359 words

  • Page 31 Advertisements
    • 2117 31 W STRAITS SHIPPING PTE LTD ASRf 10 Hoe Chiang Road #11-01 Keppd Towers Singapore 0208 Tel: *****88 Fax: *****17 WUBUUmaSmMBSBmUM rrt twppinj m accepts CONTAINER SEftVtCI TO CAMtOtHA CARGO DUE SAM.S v RAJAH BROOKE VO3E Muara Lab 2S-29 lan 21 lan 29 lan KRIS MAOURA VO2E KK. Skan. Taw 29
      2,117 words
    • 2718 31 SINGAPORE AGENT: #i n P&o Containers (Singapore Agencies) Pte Ltd X i\V/ VjUllidillVl 3 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 v\ Tet: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z EXPORT IMPORT VESSEL VOY *MQ *PKQ UN ALO SOU ANT NOT HAM
      2,718 words

  • Page 32 Advertisements
    • 722 32 NA"H I bi ww TTstsT| mamai" Hm Imb ""wincr I KUTM 27W8 I 23-27/2 I 23/3 ~M/3 ?/4 7/4 TO AUSTRALU^^ iMI EAST COAST POUTS WL/VOT r»l STQg STD |HLB |BMS |flg ACQ WW KM/***** 1/2 3/2 17/2 20/2 14/2 WO MTMUWU/***** 7/2 9/2 25/2 28/2 7/3 MX) MBTMH*. *****
      722 words
    • 1740 32 HANJIN SHIPPING FDR va SM UN MM. SEA VCX FOR VSI SM ILME HAU. SAV LM NYC HMUN CICJU 0011 1/2 K ICWTORK 047E 25/2 2C/2 HAMR CtCJU 001E 1/2 N. 10KKACH 041E 11/3 12/3 14/3 HI. KWANGTMK 00# 8/2 H CHUNGMU 09CE 4/3 5/3 HAWM KNANETANC 09* 8/2 M.
      1,740 words
    • 1261 32 -L>JJ LI IJ-Hifc I Ni»ii(i(ii(iuiioaKiSHinuic«uin[u«iMniwiKnDaiiu»l I SOBS MOM 2/2 1/2 1/2 18/2 12/2 IV2 U/2 l«/ 2 l»/2 2*/2 22/2 V 3 17/3 19/3 20/3 38/3 31/3 1/4 2/4 3/4 13/4 23/4 27/4 21/4 I 1 S"H "I? 7 ,/2 11/2 ,S/ 17/2 U/2 22/2 23/2 25/2 2*/2 27/2 1/3
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  • Page 33 Advertisements
    • 1263 33 ACE: OOCL HONOUR 23W ETA SGP 30/01/93 I II Mm II ETA RDM 15/02/93, FLX 10/02/93, I H II BRE 10/02/93, LEH 20/02/93 I e c:WsaiiiaAPOftECALtFORNiAEXPBEss(scx) i I TOPNW.ffSAiNLAHi* POINTS I TocMjmmt.utouu-mMiopoum.tnjuirKmkmj I U FEEDER VSL VOY SGP MOTHER VSL VOY SET PLD MIN VESSEL VOY SGP LOS OAK VAN
      1,263 words
    • 349 33 ©HEUNG-A SHIPPING Korean Flag Vessels STRAITS/KOREA SERVICE PKI MC KK K HI CHOYMC IMB ***** 27/11 21/01 03/02 17/12 (1/(2 11/12 E OUXMXWT tm 01/02 03/(2 01/02 12/12 13/02 u/«2 •NO. 7 DONMI JOIN OC/02 01/02 11/02 23/«2 25/02 CMOTMK SUN ***** 07/02 M/ 02 14/12 11/12 11/12 21/(2 UENMO
      349 words
    • 169 33 CENTENARY SHIPPING SERVICE WEEKLY FCILL CONTAINER DFECT SERVICE SINGAPORE/HO CHI MIMH CTTY Now provtdng Container Tracking toVu ngta u, L from HoCMMhhOty _J VESSEL'S NAMC VOY. NBB ETA/D S PORE ETA/P HCM CITY TANAH AM 75M/S OS-OS FEB 11-11 FEB 93 TANAH AM 76* S 15 15 FEB 18-IS FEB
      169 words
    • 1180 33 m 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 I EASTBOUND-QgCHMONG WESTBOUND-LOAONC TRANSHFPED
      1,180 words

  • Page 34 Advertisements
    • 1405 34 HTT AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD < CB **********0*) W W TkT 1 TEL: *****77 TELEX: KAWAKI R*****6 FAX: *****07/8/9 |m| M M MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD hLi MLmM JL A Juf TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 KAWASAKI KISEN KAISHA,
      1,405 words
    • 1069 34 /-M© PHILI-OmtNT LINfS Pit LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION -totAik-imtian--8 FEB SYDNEY. MELBOURNE, BRISBANE, FREMANTLE 3 FEB AUCKLAND, WELLINGTON, LYTTLETON,
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  • Page 35 Advertisements
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  • Page 40 Advertisements
    • 1411 40 groupage I (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 1 V P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 31/1 1/2 2/2 Honf Kong Ldn/Flx/Rdm/Ant/LHV 21/1 29/1 30/1 3/2 4/2 5/2 Hone Kong G'burg/Chagen/S'holm/Oslo 31/1 1/2 2/2 7/2
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  • Page 43 Advertisements
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  • Page 44 Advertisements
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  • Page 46 Advertisements
    • 6 46 ERTlSi MARKETING Tomorrow in Business Times
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