The Business Times, 4 February 1993

Microfilm: NL18516
Total Pages: 46
1 46 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    15 1 SINGAPORE Business Times WE KKOW AS/A Mil A (P) 552/12/92 Thursday, February 4, 1993 75*
    15 words
  • 2am LATEST
    • Article
      Lock icon Conservatives tipped to win French polls
      84 1 AFP PARIS Conscrvat ivc parties in France should win legislative elections next month by a landslide, obtaining 445 of the 555 National Assembly scats, according to the findings of an opinion poll. A survey by the Sofrcs polling organisation to appear today in the
      AFP  -  84 words
    • Article
      Lock icon Clinton may pick woman to head IRS
      62 1 Knight Ridder WASHINGTON Washington lawyer Margaret Richardson is expected to receive President Bill Clinton's nomination to be commissioner of the Internal Revenue Service. The Wall Street Journal reports that Ms Richardson, a partner in the Sutherland, Asbill and Brcnnan law firm, would be
      Knight Ridder  -  62 words
  • Article, Illustration
    MARKET SUMMARY
    117 1 Stock market indices Wednesday Change ST II 1,637.59 -8 09 KLSE C omposite 639.24 10.86 Nikkei 17,222.03 +35.72 Hang Seng 5.710.80 +48.27 SET Index 975.26 +5.46 Jakarta Composite ...283.94 +3.56 CLSA China B 1.351.86 -48.48 Aust All Ord 1,530.2 unch FTSE 100 2,873.8 +39.4 Wednesday Previous llam close
    117 words
  • Article
    Jakarta exchange expects 25 new listings this year
    429 1  -  From William Chia in JAKARTA THE recently privatised Jakarta Stock Exchange expects almost twice as many new listings this year as last year. And its president says that market capitalisation could rise by more than 50 per cent. JSE chicf Hasan Zcin
    429 words
  • Article
    Growing concern over controversial Indon crime Bill
    542 1  -  From Maggie Ford in JAKARTA CONCERN is growing in Indonesia over a controversial draft Criminal Justice Bill, which reportedly contains stiff new penalties against those convicted of subversion. It is also said to contain criminal penalties for sexual offences such as adultery, cohabitation,
    542 words
  • Article
    Lock icon Head of Thai communications body fired
    142 1 AFP BANGKOK In a stunning move, Prime Minister C'huan Leekpai's Cabinet yesterday fired the head of the Communications Authority of Thailand (CAT) and all but two of its board members. A government spokesman said the ouster of Chaowalit Thanachanan and six other board members
    AFP  -  142 words
  • Article
    Lock icon Entire Taipei Cabinet resigns but political rift remains
    210 1 AP TAIPEI Premier Hau Peitsun. an old guard Nationalist conservative, and his entire Cabinet resigned yesterday amid calls for growing democratisation in Taiwan. But the moves failed to resolve a widening rift within the governing party between Taiwan-born liberals and conservatives who
    AP  -  210 words
  • Article
    Lock icon Patten's ill health fuels Hang Seng's rise: analysts
    521 1 Reuter HONGKONG Doctors say Chris Patten faces no medical obstacle to remaining as Hongkong governor after a heart operation yesterday, but his condition buoyed a share market hit by his controversial democratic reform plans. Prices on I longkong's stock exchange, hit recently
    Reuter  -  521 words
  • Article
    Lock icon Japan to cut discount rate by 0.75 percentage point today
    518 1 Bloomberg Business News Reuter lOKYO Japan's central bank will cut the offlcia! discount rate this morning by 0.75 percentage point, the Japan Broadcasting Corporation reported yesterday. A cut in the rate, now at 3.25 per cent, has been widelv expected
    Bloomberg Business News; Reuter  -  518 words
  • Article, Illustration
    Lock icon Ringgit expected to slide against US and S'pore currencies
    395 1  -  By Moiz Tyebally SINGAPORE THE Malaysian ringgit can be expected to fall against the US and Singapore dollars in the coming months because of concerns over a slowing economy and falling interest rates. This is despite the shaip 60point recovery of
    Source: Bloomberg  -  395 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      112 1 Burberrysl RFGD 4/0 ?W^. j Reigns when it pours MXXXXXUKXX I CONTENTS I News Companies S pore News 2 Spore Msia 9,10.11 Regional News 3.4.5 Financial 1213 World News 7.8 Features Markets Analysis 25 Clob KISE. StS 17.18 Edrtofial 24 Regional 15.16 Sports 19 World 15.16 TV/Lrtestyle 21 Currencies 13
      112 words
    • Advertisement
      Page 1 Advertisements Column 2
      21 1 />«h' Page Ate S '/tore lawyers regional flayers! Pg 23 Khmer Rouge hits baek, blowing up bridges and railways. Baek Pg
      21 words
    • Advertisement
      Page 1 Advertisements Column 3
      23 1 xut Hock Lock Siew Thai hank stocks make sense Pk 9 New l ain an P\l Lien a voung career politician, Pg 4
      23 words
    • Advertisement
      Page 1 Advertisements Column 4
      79 1 *J 6Y A The Bottoifcune^l lVEn r\ FEB 1993 jA Korean eha\h\fs a hreyk tJarJpx \*i'\ if. "net SP9HK& y\ It fc. B bruno magli A Centrepotnt #01-JO Tel 737 4509 E W •Porogon By Sogo #01-19 Tel 7J4 9935 CTfc Doi'y from 10 OOom »o 100pm v vA? Metro
      79 words
    • Advertisement
      Page 1 Advertisements Column 5
      2 1 A RODENSTOCK
      2 words
Page thumbnail Page 2
  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Good start for exec job market
      347 2  -  By Anna Teo THE YEAR has started well for the executive job market, going by the volume of advertisements in The Straits Times Appointments pages in January. The total number of ads increased by 7.5 per cent to 1,578 last month compared to January
      Surce: ST Appointments Notices  -  347 words
    • Article
      Corrections & clarifications
      66 2 Corrections clarifications IN OUR REPORT on Jan 28 headlined "Mindef introduces electronic tendering for suppliers", we erred in saying that the new system handled all tenders except those classified "Top ret In fact > th e system only handles tenders that are in the Restricted" and "Unclassified" categories. It will
      66 words
    • Article, Illustration
      Singapore-Europe air fares at new altitudes
      302 2  -  By Hong Lee Tiam AFTER a winter of rock-bottom prices, the minimum selling price for air fares on the popular SingaporeEurope route will move back up to $2,253 from April I. This is about 10 per cent more than the $2,033 fare set by
      302 words
    • Article
      R&D spending increases to $756 m
      418 2  -  Electrical and electronics industry leads the way By Claire Leow SPENDING on research and development rose to 5756.8 million in 1991, aceording to figures released yesterday by the National Science and Technology Board (NSTB). The increase in R&D spending was led by the private
      418 words
    • Article, Illustration
      PC maker AVS spending $4.5 m on research
      358 2  -  Bulk of it goes to enhancing sound card By Joseph Rajendran LOCAL personal computer maker and distributor AVS will spend $4.5 million on research and development this year, S3 million more than what it spent in 1992. The company has also hired
      358 words
    • Article
      Manufacturing expected to grow 4-6 pc this year
      509 2  -  By_ Helen Chang SINGAPORE'S manufacturing output will enjoy strong growth this year, expanding by 4 to 6 per cent over last year, said economists and analysts. The impetus is likely to come from a stronger electronics sector, which will benefit from a
      509 words
    • Article
      Lecturers put up case for strong Sing dollar
      224 2  -  By Paul Leo LOCAL businessmen should accept exchange-rate policy as a given factor and think of ways and means to make their operations competitive, say two local academics. In the latest issue of the professional journal Singapore Accountant. Ng Beoy Kui and
      224 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      113 2 Valentino HHH OD UOMO TANTALISING THAI... SPICE EXPRESS IR R E DIA N... SPICE EXPRESS ENTICING INDONESIAN... spiceJx^ress FASCINATING MALAYSIAN... SPICE EXPRESS One restaurant springs Malaysia and Singapore, to mind when it comes to All exquisitely prepared satisfying different tastebuds. by chefs with a passion for Spice Express. Serving authenticity,
      113 words
    • Advertisement
      Page 2 Advertisements Column 2
      18 2 WHERE 1® PUT Y@UR Get the answer in Personal Investment Finance. Evety Saturday in Business Times Business Times
      18 words
Page thumbnail Page 3
  • THE REGION
    • Article
      Lock icon Thai finance minister vows to reform import taxes within a year
      450 3 Ministry reviewing duties in 22 industrial sectors KnightRidder BANGKOK Thai Finance Minister Tarrin Nimmanhaeminda yesterday promised a reform of import taxes within a year. The reform will mean raw material imports taxed at the lowest rate and finished products
      Knight- Ridder  -  450 words
    • Article
      Lock icon Committee proposes audit of Thai army's fund for covert operations
      207 3 AFP BANGKOK A Thai government budget committee has proposed that a secret multi-million-dollar army fund used for covert operations be subject to government auditing for the first time ever. An official said yesterday that the suggestion that the army's 390-million
      AFP  -  207 words
    • Article
      Lock icon Timor rebel's lawyer disputes authority of court
      274 3 Reuter DILI, East Timor A lawyer for the East Timor guerilla leader Xanana Gusmao told an Indonesian court yesterday that it had no authority to try his client on charges of rebellion and possession of weapons. Defence lawyer Sudjono said it was clear
      Reuter  -  274 words
    • Article
      Lock icon Jakarta to buy naval vessels from Bonn
      285 3 AFP BONN Indonesia is to get 39 frigates, minesweepers and coastguard vessels and three submarines from the arsenal of former East Germany. Government sources said yesterday that authorisation for the deal was given last year by a top-secret government panel, opening the way
      AFP  -  285 words
    • Article
      Lock icon Economists unfazed by sharp rise in Indon inflation rate
      316 3 Reuter JAKARTA The highest jump for II years in Indonesia s inflation rate last month does not pose any immediate concerns and is unlikely to prompt the government to tighten monetary policy, economists said. "This is essentially the passing on of
      Reuter  -  316 words
    • Article
      Lock icon Philippine mining industry collapsing
      423 3 Official neglect, obsolete rules and outdated laws to blame Reuter MANILA The Philippines" mining industry, once Asia's top producer of copper and a prime source of gold, is reeling on the point of collapse, officials and analysts say. Thousands of miners have been laid ofT and
      Reuter  -  423 words
    • ASIA NOTES
      • Article
        Lock icon Hanoi to get US$ 2m Korean grant
        58 4 AFP j South K°rea will extend a grant worth US$2 million .J million) to Vietnam over four years beginning this year, a oreign Ministry official said yesterday. The decision was made at talks on I uesday between visiting Vietnamese Foreign Minister Nguyen Manh
        AFP  -  58 words
      • Article
        Lock icon China's Xinjiang region hit by quake
        67 4 Reuter BEIJING—- An earthquake measuring 5.4 on the Richtcr Scale snook C hina s far western Xinjiang region early yesterday, damaging houses, the official Xinhua news agency said. It said the quake took place at 00:05 am (1605 GMT on Tuesday) and was centred
        Reuter  -  67 words
      • Article
        Lock icon No decision yet on MiG purchase
        85 4 Bernama SINGAPORE The Memorandum of Understanding (MOU) signed between Malaysia and India is to promote defence cooperation and not linked to the country's reported intention to purchase Russian MiG-29 fighter aircraft, Chief of Defence Forces Yaacob Mohamad Zain said here yesterday. "We have evaluated
        Bernama  -  85 words
      • Article
        Lock icon KL Cabinet approves airport plan
        69 4 AFP KUALA LUMPUR The Malaysian Cabinet has approved the master plan for a MS2O billion (5512.6 billion) airport to be built south-east of here. Transport Minister Ling Liong Sik was quoted by Bcrnama yesterday as saying that the approval would pave the way for the
        AFP  -  69 words
      • Article
        Indonesian trade surplus down
        28 4 JAKARTA Indonesia's trade surplus fell to USSI.I2O billion (SSLB billion) in November 1992 compared with U551,367 billion in October, the Trade Ministry said yesterday.
        28 words
      • Article
        Lock icon KL may reimpose cement duties
        83 4 Reuter KUALA LUMPUR Malaysia may rcimposc import duties on cement in the middle of this year, Domestic Trade and Consumer Affairs Minister Abu Hassan Omar said yesterday. The Bernama news agency quoted him as saying that the government would take into account a review on
        Reuter  -  83 words
    • Article
      Lock icon Seoul acts to protect foreign intellectual property rights
      202 4 Reuter SEOUL South Korea will launch a new drive to protect foreign intellectual property rights in an effort to ease trade friction with the United States and other countries, a prosecution spokesman said. He said the prosecution's anti-counterfeiting team had been doubled
      Reuter  -  202 words
    • Article, Illustration
      Lock icon Major eruption feared as volcano death toll rises
      392 4 Reuter LEGAZPI, Philippines Philippine scientists said oozing lava from Mayon volcano signalled a major eruption as the death toll from Tuesday's ash explosion rose to 30. A 100 m wall of a gulley near the crater of the mountain had collapsed, a
      Reuter  -  392 words
    • Article
      Lock icon HK land sale fetches record price despite curbs
      462 4 World International pays HKs3.s3b for Kowloon site Reuter HONGKONG A plot of land once occupied by one of Hongkong's biggest shanty towns fetched a record price at an auction yesterday only hours after the government ruled out lifting curbs on the property
      Reuter  -  462 words
    • Article
      Lock icon Work to start on railway linking Guangzhou with special economic zone
      271 4 AFP HONGKONG Work is to start this year on a new high-speed railway linking the booming southern Chinese city of Guangzhou with the Zhuhai special economic zone (SEZ), a report said yesterday. The 150-km line could subsequently be extended
      AFP  -  271 words
    • Article
      Lock icon China gearing up to deal with environmental protection
      626 4 B e ijing' s efforts likely to run into several obstacles Bloomberg Business News BEIJING China, which has never been high on anyone's list of conservation-minded nations, is gearing up to paint itself a new colour: green. While the current economic boom
      Bloomberg Business News  -  626 words
    • Article, Illustration
      Lock icon New Taiwan PM Lien a young career politician
      521 4 Knight-Ridder TAIPEI Lien Chan, 56, who is to become Taiwan's new premier, is a relatively young career politician from a famous and wealthy Taiwanese family. Mr Lien is Taiwan's provincial governor, in charge of regional and local affairs outside the island's major
      Knight-Ridder  -  521 words
    • Article
      Lock icon Taiwan to accept 50,000 more foreign workers
      191 4 AFP TAIPEI Taiwan is expected to soon allow in some 50,000 more foreign workers to alleviate the island's acute labour shortage. Council of Labour Affairs (CLA) officials said yesterday. Up to 2,500 local companies had registered with the CLA for hiring a total
      AFP  -  191 words
    • Article
      Lock icon China to shift 400,000 miners to other jobs
      198 4 Reuter BEIJING China plans to shift some 400,000 coal miners into other industries over the next three years in a move to dig the loss-making industry out of debt, the Xinhua news agency said yesterday. It said 100,000 miners would change jobs
      Reuter  -  198 words
    • Article
      Tokyo property woes could lead to financial meltdown: analyst
      557 5  -  From Brian Gomez in CANBERRA A RESPECTED Tokyo-based economic analyst has warned that a "financial meltdown" could occur in Japan over debt problems linked to real estate, with critical implications for the world economy. The first vice-president and senior economist with
      557 words
    • Article
      India needs budget that mil inspire confidence
      643 5  -  From Rajendra Bajpai in NEW DELHI INDIAN Finance Minister Manmohan Singh will present his third national budget in less than two years and he faces the difficult business of keeping happy the World Bank, the International Monetary Fund (IMF), Indian businessmen as well
      643 words
    • Article
      Lock icon Suzuki and Indian government developing small car for export to Europe
      360 5 Reuter NEW DELHI Japan's Suzuki Motor Co Ltd and the Indian government are developing a new small car for export to Europe. A four-door hatchback with a one-litre engine will be unveiled after trial production begins in April, said
      Reuter  -  360 words
    • Article
      Lock icon Private operators warned against poaching Indian Airlines staff
      366 5 Reuter NEW DELHI India has threatened to ground private air operators if they continue to hire away senior personnel from state-run Indian Airlines, which is limping back from a crippling 45-day pilots' strike. "We will allow private air operations but this should
      Reuter  -  366 words
    • Article
      Lock icon Tokyo's current account surplus seen rising 19pc
      106 5 Reuter TOKYO Japan's ever-wid-ening current account surplus is forecast to have increased some 19 per cent in December from the year before to US$l2 billion (S$ 19.7 billion), say economists polled yesterday. The data is scheduled for release tomorrow. The surplus was US$lO.OB
      Reuter  -  106 words
    • Article
      Lock icon LDP leader urges bigger role for army
      283 5 Reuter TOKYO Japan must expand its army's international role if it hopes to become a leading member of the United Nations. Hiroshi Mitsuzuka, one of four top executives in the Liberal Democratic Party (LDP), yesterday said he favoured adding a clause to the
      Reuter  -  283 words
    • Article, Illustration
      Waiting and hoping
      62 5 GUANGZHOU, China \oung Chinese girls from a nearby village waiting at a bus station here for their trip to the Shenzhen Special Kconomic Zone in search of jobs. Chinese authorities estimate that more than one million job-seekers from nearby villages and provinces will arrive in the booming
      62 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      100 3 A J PEUGEOT J The top-of-the-range Peugeot M 605 renders beautiful all that is -ijfer i functional and functional all jSjcFt is beautiful, it offers the "a^lP^ of etegancee luxury and by any ;&4 mitof the HRif roreman car mat t| the best In Its dass. I On-the-road price (Immediate
      100 words
Page thumbnail Page 4
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      179 5 io million miles experience didn't guarantee them the job. vt VMV 0* 1 Clocking up enough hours to have flown to the countries around the world. moon and back ten times is only the first requirement of So, on average, each any potential Emirates captain. Emirates crew speaks five If
      179 words
Page thumbnail Page 6
  • REGIONAL FOCUS
    • Article, Illustration
      Business, politics and China-Taiwan ties
      3273 6  -  In a recent interview with China Times, Senior Minister Lee Kuan Yew discussed the regional implications of China's modernising armed forces and the business and political considerations in China-Taiwan ties. Excerpts of his interview with China Times chief editor Huang Chao-Sung follow. Huang Chao-Sung QThe
      3,273 words
    • Article, Illustration
      On the leaders of China and Taiwan
      902 6 When President Chiang I I Ching-kuo passed away, yon appeared to be very sad. CouW-you talk about your personal friendship with him? Why did you have such deep feelings for him? A: Chiang Ching-kuo was a very good and close friend of mine
      902 words
Page thumbnail Page 7
  • THE WORLD
    • Article
      Lock icon Rise in US index of leading indicators surpasses forecasts
      626 7 Economic gauge up I.9pc in December, highest gain since April 1983 Bloomberg Business News Knight-Ridder Reuter FT UPI WASHINGTON The 1.9 per cent jump in the index of leading economic indicators in December, the US government's main forecasting gauge and designed
      Bloomberg Business News; Knight-Ridder; Reuter; FT; UPI  -  626 words
    • Article, Illustration
      Lock icon Guess where he'll be celebrating his 88th birthday
      27 7 Reuter AdZi 1928exieStoTlSrSSr will out wi h f^ Kn B* 6 at the age of 87. Mr Vaughan -TESBZSSBesisgggffisspz
      Reuter  -  27 words
    • Article
      Lock icon Iraq has changed behaviour in no-fly zones, says US
      489 7 NYT WASHINGTON The Pentagon has said that the Iraqis have "changed their behaviour and halted their harassment of American planes policing the no-flight zones over northern and southern Iraq. Defence Department spokesman Bob Hall said in response to questions at Tuesday's
      NYT  -  489 words
    • Article
      Lock icon Clinton pledges to build on Reagan's welfare reforms
      435 7 Reuter WASHINGTON President Bill Clinton has vowed to build on welfare reforms begun under conservative Ronald Reagan and said he would give states "more elbow room" to try new approaches, even if he disagreed with them. Mr Clinton, speaking to the National
      Reuter  -  435 words
    • Article
      Lock icon Concern over choice of Cray chief for Commerce post
      382 7 AP WASHINGTON US President Bill Clinton's nominee for deputy commerce secretary heads a company that is seeking Commerce Department permission to sell the first US supercomputer to China. Aides to several senators expressed concern on Tuesday about Mr Clinton's choice of
      AP  -  382 words
    • Article, Illustration
      Lock icon Calls for referendum
      46 7 Reuter LONDON Former UK Prime Minister Margaret Thatcher the Punching of an informal "dial-in" referendum on tne fcvopeu Community Maastricht treaty on Tuesday. The scheme is intended to back up calls for a formal referendum, which has been rejected by the government. Reuter
      Reuter  -  46 words
    • Article
      Lock icon French PM denies any wrongdoing in taking loan
      349 7 Reuter PARIS French Prime Minister Pierre Beregovoy acknowledged yesterday receiving a million-franc (SS300,000) in-terest-free loan from a financier later charged with insider trading, but he denied any impropriety. At the time Mr Beregovoy was an opposition Member of Parliament. Although no law
      Reuter  -  349 words
    • Article
      Lock icon US agency says Nafta will help overall American output
      406 7 NYT WASHINGTON The first comprehensive assessment of the North American Free Trade Agreement by a US federal agency has found that the pact will help overall American economic output and employment slightly, while producing job losses in the car, household appliance
      NYT  -  406 words
    • WORLD WATCH
      • Article
        Lock icon Russian exports down 25pc
        102 8 Reuter MOSCOW Russian exports tumbled bv a quarter in 1992, the statist les oft ice Goskomstat said in a report published yesterday 535??P ,de the former Soviet Union lotalled US$3B.l billion OS6-.8 billion), down 25 per cent on 1991. Energy exports made up more than halt
        Reuter  -  102 words
      • Article
        Lock icon Mulroney to meet Clinton
        67 8 Bloomberg Business News OTTAWA Canadian Prime Minister Brian Mulroney will travel to Washington to meet US President Bill Clinton tomorrow, the Prime Minister's Office said. They are expected to review the ratification process for the North American Free Trade Agreement, a trade accord among the US.
        Bloomberg Business News  -  67 words
      • Article, Illustration
        Lock icon Lesbian accepts Clinton's nomination
        82 8 Reuter SAN FRANCISCO Openly lesbian San Francisco Supervisor Roberta Achtenberg smiling as fellow supervisors applauded, after she announced at a press conference on the steps of City Hall here on Tuesday that she had accepted a nomination by President Bill Clinton to be Assistant Secretary for
        Reuter  -  82 words
      • Article
        Lock icon Natal capital could make history
        59 8 Reuter PIETERMARITZBURG, South Africa The capital of Natal province could be South Africa's first city to hold an all-race locaj election, a council spokesman said on Tuesday. Pietermaritzburg council's executive committee discussed a proposal to allow all residents in a vacant city ward to elect
        Reuter  -  59 words
    • Article
      Lock icon Russian minister urges Ukraine to ratify Start-1 treaty
      297 8 Reuter GENEVA Russia has called on Ukraine to ratify the Start-1 nuclear arms reduction treaty with the US and formalise its non-nuclear status. Grigory Berdennikov, Deputy Russian Foreign Minister, addressed the UN disarmament conference on Tuesday as Ukraine's Parliament opened a session
      Reuter  -  297 words
    • Article
      Lock icon W German prices to outpace wages for first time in decade
      525 8 Gloomy govt report also forecasts negative economic growth this year UFI FT BONN Eor the first time in nearly a decade, prices will rise faster than wages during 1993 in western Germany, according to a grim government forecast. The
      UFI; FT  -  525 words
    • Article
      Lock icon Industry leaders call for stronger EC leadership
      206 8 Reuter BRUSSELS Europe's business leaders, shaken by the economic recession, currency turmoil and doubts about the European Community's future, are clamouring for some strong political leadership. The industry heads are worried about the slowdown in the push to monetary union and the remaining
      Reuter  -  206 words
    • Article
      Lock icon Police in Europe guilty of racism: Amnesty
      203 8 Reuter LONDON Blacks, Arabs and Asians are suffering racist violence in Western Europe at the hands of the very security forces who should be protecting them. Amnesty International said yesterday. The London-based human rights group said police across the continent had taken part
      Reuter  -  203 words
    • Article
      What about US peace-keeping forces in N Ireland?
      758 8  -  By Neville Stack SINGAPORE The escalating blood feud in Northern Ireland and the election of a new president in the US are concentrating minds on the prospect of peace. For more than 20 years, the Provisional IRA has been fighting what it
      758 words
    • Article
      Lock icon Japan's growing trade surplus worries EC
      246 8 Reuter BRUSSELS The European Commission has said it is deeply concerned at the size and rate of growth of Japan's trade surplus with the European Community. "The increase in Japan's trade surplus with the Community is very worrying." External Economic Affairs Commissioner Leon Brittan
      Reuter  -  246 words
    • Article, Illustration
      Lock icon Havel's in charge — again
      5 8 Havel's in charge again Reuter
      Reuter  -  5 words
    • Article, Illustration
      Lock icon Italy's Socialist PM survives on his own
      516 8 FT ROME Italian Prime Minister Giuliano Amato has admitted his six-month-old fourparty coalition is defying political gravity. Just like a cartoon character. the government would keep going as long as no one realised it was riding on air. He is managing to stay
      FT  -  516 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      337 7 REAL OPPORTUNITIES IN REAL ESTATE WORLDWIDE. Bringing you EXPERTS RESEARCH FINDINGS THEORY 4 PRACTICE FORECASTS INDUSTRY KNOW-HOW CONTACTS PARTNERS DEALS ADVICE AN OPPORTUNITY NOT TO BE MISSED For the 4th year running, Cannes will be hosting the International Property Market, Turkev a rniinfru known as MIPIM, from 13 to 16
      337 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      76 8 ON BSliness rv pea In this issue... Flying High Making profits in the new Malaysia PLUS* Economic Report: A testing time for Thailand Special Report: Does East Europe make sense for Asian companies' Finance: Japan's banks rescue and rebirth Talking Point: HK Bank's William Purves on the future of banking
      76 words
Page thumbnail Page 9
  • COMPANIES & MARKETS
    • Article
      More S'pore, KL companies likely to use ADR programme
      461 9  -  Aim is to further expose stock to investors worldwide By Quak Hiang Whai SINGAPORE More Singapore and Malaysian listed companies are expected to use the American depositary receipt (ADR) programme to widen the exposure of their stock to international investors. This
      461 words
    • Article
      GRP posts 31.8 pc rise in net profit
      186 9 SINGAPORE Sesdaq-listed industrial and marine hose supplier and repairer GRP Ltd has announced a 58.58 per cent increase in pre-tax profit to $1.48 million for the six months to Dec 31, 1992. Net profit was up by a lesser 31.85 per cent
      186 words
    • Article
      Lock icon Public Bank buys 55pc stake in unit trust management firm for M$ 5.6m
      305 9 Reuter KUALA LUMPUR Malaysia's third largest bank, Public Bank Bhd, has bought a 55 per cent stake in the Kuala Lumpur Mutual Fund (KLMF), a unit trust management firm, for M 55.6 million (5535.3 million) in cash.
      Reuter  -  305 words
    • Article, Illustration
      Investors in Thai banking stocks can look forward to another good year
      818 9  -  HOCK LOCK SIEW By Alvin Tay SINGAPORE Thailand's commercial banks have never had it so good. Last year, earnings of the country's 15 listed commercial banks rose by an impressive 60 per cent to 31.1 billion baht (Ss2
      818 words
    • Article
      Hai Sun Hup in tie-up to look after Mitsui OSK's bulk shipping activities
      302 9  -  By Dexter Lee SINGAPORE Marinebased Hai Sun Hup Group Ltd will soon form a Singaporebased joint venture with its substantial shareholder Mitsui OSK Lines Ltd (MOL) of Japan to look after the latter's bulk shipping activities here.
      302 words
    • Article, Illustration
      Sembawang group aims to be engineering giant
      330 9  -  By Rahita Elias SINGAPORE The marinebased Sembawang group aims to become an engineering company in the league of international giants such as Bechtel and Fluor Daniel. Group executive chairman Hsu Tse-Kwang has told Sembawang Group News: "It is now timely for the group
      330 words
    • Article, Illustration
      Lock icon SUMMARY
      331 9 Source: Bridge Info Performance of STII's index stocks Feb 3 Slock Last sale (S) "85 factor Met ■overs Avimo C4C 1 «M0 7 200 -0 300 164 608 000 51 28 Cerebos FAN 4 840 II 500 -0 060 409 9 72 1026 OF Asia 3 260 0 180
      Source: Bridge Info  -  331 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Subscription for new NOL shares
          109 10 Natlonal carrier Neptune Orient Lines Ltd (NOL) said yesterday that registered holders of a total of 166.5 million transferable subseription rights (TSRs), or 98.3 per cent of the total issued, have opted to subscribe for new NOL shares. Holders ol the 1 SRs had had
          109 words
        • Article
          HPL appoints two directors
          51 10 SINGAPORE Hotel Properties Ltd has announced the appointment of Gordon Seow Li Meng and Michael Dobbs-Higgin-son as non-executive directors with effect from yesterday. Mr barrister, has been Commissioner to Hongkong since IVBB. Mr Dobbs-Higgmson, a resident of the colonv, has been an entrepreneur and banker since
          51 words
        • Article
          KIE responds to news report
          63 10 SINGAPORE In response to an article in The Straits Times suggesting that Keppel Integrated Engineering Ltd (KIE) "was close to taking over another listed company", KIE has told the otock Exchange of Singapore that it is possible that the company will consider acquiring engineering related
          63 words
        • Article
          Tuan Sing announces rights listing
          84 10 SINGAPORE Tuan Sing Holdings Ltd has announced the listing or -83.3 million ordinary shares of 25 cents each, arising from its one-for-one rights issue at 30 cents per share, together with 141.6 million warrants. Holders of a board lot of 1 000 warrants, dated 1998,
          84 words
        • Article
          Lock icon Proton Saga is tops
          74 10 Bernama PETALING JAYA Proton Saga emerged as the top seller despite registering a 5.58 per cent drop in sales in 1992. The chairman of the Malaysian Motor Traders Association, Aishah Ahmad, in releasing the 1992 figures, said 73,704 units of the national car were sold in
          Bernama  -  74 words
        • Article
          Lock icon Ekran team to visit Iran
          109 10 Bernama KUALA LUMPUR Ekran Bhd will despatch a working committee to Teheran and Qeshm Island in Iran to carry out further discussions to identify suitable sites for the proposed development f°" ows memorandum of understanding (MOU) signed with the Iranian government for the provision of
          Bernama  -  109 words
      • Article
        BIL to form joint ventures in key Asian markets
        479 10  -  By Schutz Lee SINGAPORE Brierley Investments Ltd (BIL), in its bid to build a portfolio in Asia, will seek joint ventures and other alliances with Asian partners in what it considers key markets. BIL executive director Andrew Meehan told Business Times
        479 words
      • Article
        Lock icon KL broker expects higher palm-oil prices to enhance outlook for plantation firms
        403 10 MBT KUALA LUMPUR The short-term prospects for Malaysian plantation companies are excellent because palm-oil prices are expected to rise to over M$ 1,000 (*****) a tonne by March this year, said InterPacific Securities in its overview of the
        MBT  -  403 words
      • Article
        Lock icon C&C Bintang expects sales of Mazda cars to rise 10-15 pc
        199 10 MBT KUALA LUMPUR Cycle Carriage Bintang (CCB) expects the sales of its Mazda cars to increase by 10 to 15 per cent this year following the relaxation of the vehicle hirepurchase guidelines by the government recently. CCB Mazda general
        MBT  -  199 words
      • Article, Illustration
        Lock icon Partners in car parts
        50 10 Reuter TOKYO American car parts maker Duramax Inc executive > ice-president Raymond Warner (right), from Ohio, showing Japan External Trade Organisation chairman Minora Masuda his products at the opening this week in Tokyo of a car-parts partnership exposition by 32 major manufacturers from midwestern American states.
        Reuter  -  50 words
      • Article
        Thai Airways blames fare cuts for 85pc profit slump
        518 10  -  From Andrew Cooke in BANGKOK THAI Airways International has said its decision to slash air fares after last May's political violence caused its profit to plunge 85 per cent during its first financial quarter to Dec 31, 1992. Airline president Chatrachai
        518 words
      • Article
        Lock icon M'sia's newly listed firms urged to stick to core business
        436 10 MBT KUALA LUMPUR Newly listed companies should stick to their core business if they want to enjoy the continued support of fund managers, independent consultant Mohd Bashir Sharif said yesterday. Speaking at a seminar on Successful Public Listing in Malaysia
        MBT  -  436 words
      • Article
        Lock icon Motorola, Mitsubishi sued by users of cellular phones
        351 11 Reuter CHICAGO Users of portable cellular phones made by Motorola Inc and Mitsubishi Electronics Corp have filed suit against the two manufacturers, citing their alleged failure to test the phones for potentially harmful or lethal radio waves. The plaintiffs also contend the
        Reuter  -  351 words
      • Article
        Lock icon Swedish group Electrolux halves 1992 dividend, citing uncertainty
        469 11 Reuter STOCKHOLM Swedish white goods group AB Electrolux has cut its flnal 1992 dividend by half to 6.25 crowns from 1991's 12.50, citing uncertainty about future earnings. The company said yesterday that European markets weakened during 1992 but there was an upswing
        Reuter  -  469 words
      • Article
        Lock icon IBM enters supercomputer market
        332 11 Reuter NEW YORK International Business Machines Coip made its long-awaited entry into the supercomputer market on Tuesday with a new business unit devoted to the growing market for so-called parallel processing. Power Parallel Systems, created with resources from IBM's mainframe and workstation divisions, unveiled the computer
        Reuter  -  332 words
      • Article, Illustration
        Lock icon No place in the Sun
        50 11 Reuter LONDON Editor of the tabloid Sun newspaper, Kelvin Mackenzie, leaving a lunchtime engagement on Jan 12. Lawyers for Queen Elizabeth threatened legal action against the Sun on Tuesday for alleged breach of copyright after it printed her 1992 Christmas speech two days early. Reuter
        Reuter  -  50 words
      • Article
        Lock icon Chase recommends France, Denmark to investors
        538 11 Reuter MIAMI France and Denmark offer some of the best investment opportunities around the world this year, according to Mark Richardson, chief investment officer of Chase Manhattan Corp's private banking unit. Mr Richardson, who tells Chase's richest clients how to invest their money, said
        Reuter  -  538 words
      • Article, Illustration
        Lock icon Brazil may bring back the Beetle after 7 years
        432 11 Reuter RIO DE JANEIRO Seven years after Volkswagen AG's Brazilian unit rolled out its last Beetle, the company, at the request of President Itamar Franco, is considering reviving production of one of the nation's most beloved cars. A spokeswoman for Autolatina.
        Reuter  -  432 words
      • COMPANY BRIEFS
        • Article
          Lock icon Guangdong to start futures trading
          101 11 AFP BEIJING The Chinese government has given approval to Guangdong province to start limited futures trading and will publish detailed regulations before the end of March, a newspaper said yesterday. Guangdong, which has pioneered many capitalist experiments, would set up three or four futures brokerage
          AFP  -  101 words
        • Article
          Lock icon HK Telecom's mobile phone service
          82 11 Reuter HONGKONG Hongkong Telecom CSL, part of Hongkong TS? 1 t latest stage in ils HKS7OO million (SSI 49.1 million) bid to be the leader in the British colony's mobile phone market. It said it took delivery of one of the worlds most advanced digital
          Reuter  -  82 words
        • Article
          Lock icon Fletcher to sell half of NZ unit
          120 11 Reuter WELLINGTON Fletcher Challenge Ltd is about to sell part ot its New Zealand methanol operations to Canadian company Methanex, the A w Plymouth Daily News said yesterday The paper said the Vancouver-based company is about to buy up to half of Fletcher
          Reuter  -  120 words
        • Article
          Lock icon Pepsi Co's 1992 earnings plunge
          111 11 Reuter PURCHASE, New York PepsiCo Inc, the US soft-drink and fast-food giant, reported sharply lower earnings for 1992 on Tuesday, citing the impact of special charges. The company said annual earnings shrank to U*****.3 million (*****.2 million), or 46 cents a share, on stronger sales
          Reuter  -  111 words
        • Article
          Lock icon Kodak reports 4th quarter profit
          77 11 UPI ROCHESTER, New York Eastman Kodak Co on Tuesday reported fourth-quarter earnings of US$299 million, or 92 cents a share, in contrast to a loss of US$4OO million in the year-earlier period. The loss for the closing quarter of 1991 included restructuring charges of US$597
          UPI  -  77 words
      • Article
        Lock icon Acer to take legal action against pirates in US and Britain
        296 11 Bloomberg Business News TAIPEI Acer Inc. Taiwan's largest manufacturer of personal computers, plans to take legal action against US and British companies suspected of pirating its technology. The campaign is believed to be the first by a company from
        Bloomberg Business News  -  296 words
      • Article
        Lock icon Slump forcing German engineering companies to make cutbacks
        302 11 Reuter BONN German engineering firms, gripped by a global recession that has brought many companies to the brink of collapse, are being forced to make deep cutbacks to survive. Orders for German engineering firms fell 9 per cent in December from November
        Reuter  -  302 words
    • FINANCE
      • SMALL CHANGE
        • Article
          Lock icon DBP cuts interest rates
          99 12 Reuter MANILA The Development Bank of the Philippines has cut interest rates under its various lending programmes, the DBP said. Bank chairman Roberto de Ocampo said the reductions are in line with government efforts to make affordable loans available to as many borrowers as possible. Loans
          Reuter  -  99 words
        • Article, Illustration
          Lock icon New notes for a new era
          49 12 Reuter PRAGUE The new Czech banknote of 5,000 crowns (*****.16) is the most valuable note of the Czech money set, prepared for the break-up of monetary union between the new Czech and Slovak republics. This picture was taken on Dec 12 1992. Reuter
          Reuter  -  49 words
        • Article
          Lock icon Stealing for the love of a man
          91 12 AFP BEIJING Sex, lies and light fingers have landed eight women to jail in northern China. The women, all from Inner Mongolia, were working for banks and financial departments when they became entangled with shady lovers who convinced them to filch money, the
          AFP  -  91 words
        • Article
          Lock icon Chinese banker caught embezzling
          88 12 Reuter BEIJING Police have arrested an official with China's central bank, who allegedly embezzled 9.98 million yuan (SS2.B million) and prepared to flee the country, the People s Daily said yesterday. Jia Xiaoming, who worked in the international credit department of the People's Bank of China's
          Reuter  -  88 words
        • Article
          Lock icon Westpac hires property disposal team
          103 12 Bloomberg Business News SYDNEY Westpac Banking Corp has retained a team of five top real estate experts to help dispose of ailing property assets, the Sydney Morning Herald reported yesterday. Westpac has previously said it intends to dispose of property valued at about As 6
          Bloomberg Business News  -  103 words
        • Article
          Lock icon Bundesbank's new buyback deals
          86 12 AFP FRANKFURT The German central bank, the Bundesbank yesterday allocated 82 billion marks (5582.9 billion) to member banks in the form of securities repurchase agreements at 8.57 to 8.58 per cent for 14 days and 8.59 to 8.60 per cent for 28 days. Repurchase agreements represent
          AFP  -  86 words
        • Article
          Lock icon EMU receding all the time: Major
          68 12 AFP LONDON British Prime Minister John Major yesterday reiterated his view that Britain was unlikely to rejoin the European Exchange Rate Mechanism (ERM) this year, and warned that e future of European monetary union looked increasingly remote. In an interview with the Daily Express
          AFP  -  68 words
        • Article
          Lock icon Bank of Canada cuts discount rate
          78 12 AFP OTTAWA The Bank of Canada on Tuesday lowered its discount rate to 6.63 per cent, from 6.81 per cent a week ago. The discount rate had fallen steadily for seven weeks but was raised on Tuesday last week to stabilise the Canadian dollar.
          AFP  -  78 words
      • Article
        Lock icon Economists attack Bundesbank chief for calling critics 'ignoramuses'1
        696 12 Economists attack Bundesbank chief for calling critics 'ignoramuses' 1 IHT FRANKFURT Economists across Europe took issue on Tuesday with the Bundesbank president's use of the word "ignoramuses" to describe those who complain that German interest rates are too high. While it was true that German interest rates as a whole
        IHT  -  696 words
      • Article, Illustration
        Asia-Pacific our most profitable region: Deutsche Bank chief
        375 12  -  By Shoeb Kagda SINGAPORE The Asia-Pa-cific was the most profitable overseas region for Germany's biggest bank last year and is expected again to be a significant contributor to income this year. Karlheinz Albrecht, executive director of Deutsche Bank's regional head office, said
        375 words
      • Article, Illustration
        Lock icon Piggy bank fever in austere Tokyo
        22 12 Reuter bSm^tSie reta.l Chain said «e store in ,he cpiul sold -ore than 500 i.'nKUSSTaSTt fe£
        Reuter  -  22 words
      • Article
        Lock icon Taipei to resume privatising banks
        277 12 Reuter TAIPEI Taiwan's Finance Ministry has revived plans to privatise three financial institutions, which were cancelled last October because of the stock market slump. Officials said yesterday that the ministry will sell stakes in Chiao Tung Bank, Farmers Bank of China and Chung Kuo Insurance
        Reuter  -  277 words
      • Article
        Lock icon US banking regulators say derivatives market safe
        274 12 Reuter WASHINGTON US banking regulators gave the huge derivatives market a generally clean bill of health, saying new regulations are not needed and major banks are not on shaky ground because of these products. The study is the latest to assess the risks
        Reuter  -  274 words
      • Article
        Lock icon EC seeking tighter bank supervision
        269 12 Reuter BRUSSELS The European Commission will propose boosting powers of banking supervisors and demanding more responsibility from bank auditors to avoid another BCCltype scandal. A Commission source said yesterday that the EC will make specific proposals during March based on the recommendations presented by former
        Reuter  -  269 words
      • Article
        Lock icon Bank of Japan reduces loans to banks to 300b yen
        336 12 Reuter TOKYO The Bank of Japan (BOJ) has reduced loans to banks to a net 300 billion yen (Ss4 billion) by recalling a total of 400 billion yen in loans from banks. Money traders said yesterday that the loan recalls
        Reuter  -  336 words
      • Article
        Lock icon PAL delays roadshow for Eurobond offer
        362 12 AFP MANILA Philippine Airlines (PAL) has postponed its roadshow tour for a planned Hurobond offering worth US$6O million (5598.4 million) to US$lOO million due to the row between two tycoons vying to dominate the company board. PAL's chief finance officer Ldgardo del Fonso said
        AFP  -  362 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon China cuts S'pore oil processing for second year
        487 13 Reuter SINGAPORE China National Chemicals Import and Export Corp (Sinochem) is cutting crude oil volumes for term processing in Singapore for the second consecutive year because of poor profitability, oil industry sources said yesterday. "Sinochem will cut processing volumes in Singapore, with
        Reuter  -  487 words
      • Article
        Lock icon Relief seen for Aussie mineral firms
        469 13 Commodities exporters looking towards growing Chinese market Reuter CANBERRA China's rapidly growing economy could offer Australian mineral and energy exporters some salvation from the effects of Japan's economic downturn, a commodities conference was told. "We see China as a huge opportunity for raw materials,"
        Reuter  -  469 words
      • Article
        Lock icon Insurers responding to global warming, says Greenpeace
        331 13 Reuter LONDON The world insurance industry is taking the increase in freak weather resulting from global warming seriously and avoiding some risks as a result, the environmental lobby group Greenpeace said in a report. "There is a tremendous amount of governmental and business
        Reuter  -  331 words
      • Article
        Lock icon Worst is over for US insurers, says top executive
        182 13 Reuter NEW YORK The worst of the US insurance industry's problems are over, Marsh McLennan Cos president Robert Clements told financial executives at a Financial Executives Institute conference on Tuesday. "We have probably see the worst," he said. u l don't
        Reuter  -  182 words
      • Article, Illustration
        Lock icon Producers say crisis point reached in coffee pact talks
        437 13 Reutcr LONDON Talks on a new economic coffee pact have reached a crucial point, with many producers unclear about what is the next step forward in negotiations in which consumers and producers are standing on opposite sides on key issues. "There
        Reutcr  -  437 words
      • Article
        Crude oil futures weaken
        427 13 atoomoerg ENERGY REPORT LONDON Oil futures prices in London and New York were weaker as heating oil in Europe and the US fell yesterday, and after Tuesday's report of Opec overproduction in January, traders said. Traders have bid prices higher in recent weeks on hopes that
        427 words
      • Article, Illustration
        Bangue Indosuez REGIONAL CURRENCY REPORT
        122 13 A generally bearish USS/SS market, with dollars sold-ofT from the opening level of 1.6490/95. Commercial demand for dollars slowed the downward movement but by mid-afternoon, a low of 1.6475 was seen. Overnight demand for dollars against ringgit brought the USS/MS to a high of 2.6290
        122 words
      • Article
        Lock icon London
        195 13 Bloomberg Business News LONDON The dollar rose again in Europe yesterday as the Danish kroner dropped to its floor in the European Exchange Rate Mechanism, prompting speculation that the Bundesbank may react by easing credit, traders said. The bulk of dollar gains, meanwhile, were made against the pound which
        Bloomberg Business News  -  195 words
      • Article
        Lock icon New York
        98 13 Knight-Ridder NEW YORK The US dollar continued mostly higher at midday yesterday, after hitting a nine-month high against the mark, as the market turnedcalm after a volatile morning. At 1300 ET, the dollar traded at 1.6475 marks, up from 1.6415 on late Tuesday in New York, and at
        Knight-Ridder  -  98 words
      • Article, Illustration
        Untitled
        1405 13 irade-Hvtghked index cakulated against S'pore's top 14 trading partners Bate year I9S} US$/S$ forward rates Noon Feb 3 St au rtiIf 1-month 1.6466 I 6481 2-month ***** 1.6471 3-month I 6445 ***** 6-month ***** 1 6435 Source: OCBC FOREIGN CURRENCY NOTE RATES At at ltMi ywtarday: Singapore dollars to ok
        1,405 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars lower, sell-off in Euroyen
        1381 14 SJMEX REPORT Reuter SINGAPORE Eurodollar futures closed easier on active profit-taking yesterday while Euroyen and Nikkei index futures sold ofT in the afternoon after reports the Bank of Japan would cut its discount rate today, dealers said. Eurodollar contracts remained in narrow ranges but under
        Reuter  -  1,381 words
      • Article
        KL tin finishes 17 sen lower on lack of buying support
        977 14 COMMODITIES REPORT Tin THE price of tin finished 17 sen lower to M$ 14.76 per kg on the Kuala Lumpur Tin Market yesterday on lack of follow-through buying support. The day's turnover also decreased to 45 tonnes trom 53
        977 words
    • Article
      COMMODITY PRICES
      1414 14 RHUmt Feb 3 MS tmtum) firtiBfi (Www dMtag as at i m MS (pfcytkal print) ■SSlCwtiaU (Scents/kg) TT T Owe Votume **12—— (SccnU/kg) l SgTStolj IMOON E*W RSS 3 Mar 93 147.00 I 48.00N Mar 93 150.75 150.7) 150.75 700 5.275 RSS 4 Mar 93 140.00 I4I.00N fr
      1,414 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        941 15 uncli Uncertainty surrounding the upcoming federal election continued to plague the Australian share market yesterday which closed steady in tight trade. Brokers said anxiety over when the election would be held and what sort of mandate the next government would have drove investors out of the share market again.
        941 words
      • Article
        Mania
        561 15 -3.05 Share prices slipped in uneventful trade yesterday as a lack of news on oil drilling off southwestern Palawan island spurred profit-taking in the market, brokers said. The eruption of the Mount Mayon volcano had no effect on trading and was quickly discounted by investors, they added. The Manila
        561 words
      • Article
        Taipei
        585 15 +11.10 Stocks rose for the fourth straight day yesterday in a rally sparked by an easing of political tensions after Premier Hau Peitsun announced he would resign. The Weighted Index, which was up about 50 points at one stage, closed 11.10 points higher at 3,553.36. Turnover was active at
        585 words
      • Article
        Seoul
        351 15 +12.16 Share prices rose steeply on the Korea Stock Exchange in active trading yesterday. The Composite Index of the exchange, which made a 2.61point upswing in the previous session, soared 12.16 points to close at 678.34. Advances pounded declines 642 to 86 issues while prices marked time for 86
        351 words
      • Article
        New Zealand
        281 15 10.75 The New Zealand bourse closed mostly higher yesterday on a rise in Telecom shares in featureless, drifting trade. The NZSE-40 Capital Index closed up 10.75 points at 1,525.52 on a moderate volume of NZ$l7 million. Telecom rose five cents to NZ52.47 and brokers cited firm demand in
        281 words
      • Article
        Bombay
        101 15 -1.98 Stock prices closed higher yesterday ahead of a national budget to be presented on Feb 27. Brokers expect the Bombay Stock Exchange Index to move within arange of IS to 20 points today. The BSE Index fell 1.98 points to 2,661.02 after opening at 2,680, but the National
        101 words
    • WORLD STOCK MARKETS
      • Article
        London
        630 15 +39.4 Equities ended sharply higher as the FTSE 100 Index of leading shares hit a new closing record yesterday. The FTSE Index finished 39.4 points higher, up 1.39 per cent, at 2,873.8. It reached the previous closing record of 2,861.5 on Jan 4 and previous session high of 2,869.3
        630 words
      • Article
        Paris
        88 15 +2.06pc The Paris Bourse made a strong gain yesterday, as the CAC-40 stock price index finished the day at 1,824.14 points, up 2.06 per cent by comparison with the Tuesday close. Paris F<fc 3 Fr Air LiquMk 74(00 -300 Akatel Amthom ***** 1000 J**®*- ***** 11.02 Gite Dc Banoue
        88 words
      • Article
        Stockholm
        102 15 -0.45 pc Swedish shares turned down during morning trade yesterday, weakened by stocks in companies like vehicle maker Volvo and pharmaceutical company Astra, which lost ground despite a stronger dollar and lower Swedish debt market yields. By midsession, the AllShare Index was off 0.45 per cent in weak turnover
        102 words
      • Article
        Frankfurt
        198 15 18.44 Germany's main barometer of share market activity shot to its highest level in half a year as an intense round of bourse speculation on the likelihood of credit being eased here propelled prices yesterday, dealers said. The DAX 30 Index closed up 18.44 points at 1,601.53, its strongest
        198 words
      • Article
        Brussels
        149 15 +4.28 Belgian shares closed marginally higher yesterday and dealers said there had been some profit-taking ahead of the close of the forward market today. The Bel-20 Index of leading shares closed 0.35 per cent, or 4.28 points, higher at 1,212.88 points on a moderate volume of 966 million francs
        149 words
      • Article
        Milan
        172 15 -0.09 pc Italian shares closed little changed yesterday as investors hesitated to take the market any higher until the no-confidence motion in the government is voted, probably today. The MIB share index closed 0.09 per cent lower at 1,084, underlying trend up 0.28 per cent. Few dealers expected the
        172 words
      • Article
        Amsterdam
        198 15 -0.27 Dutch shares closed mixed but with a weaker bias yesterday, bucking firmer trends on foreign bourses, as Tuesday's news that truck maker DAF sought protection from creditors weighed on sentiment, dealers said. The higher dollar and a strong start of Wall Street supported dollar-related shares, but failed to
        198 words
      • Article
        Zurich
        224 15 +1.6 Swiss shares ended mixed in moderate volume on selective buying in some industrial stocks and banks yesterday. The SPI all-share index moved in a tight range during the session to close 1.6 points firmer at 1,279.5. Dealers said Tuesday's news that Swiss Bank Corp lifted its parent company
        224 words
      • Article
        Toronto
        276 15 10.9 Toronto stocks continued Tuesday's gradual uptrend yesterday with sentiment about Bronfman group improving, dealers said. A story in the Globe and Mail which said one of the chartered banks could link with troubled Royal Trustco this week caused renewed optimism about the group. The TSE-300 Index rose 10.1
        276 words
      • Article
        New York
        783 15 •3.51 Wall Street share prices rose sharply yesterday as investors reacted with somewhat belated enthusiasm to the publication on Monday and Tuesday of encouraging figures on the US economy. At 11 am (1600 GMT) the Dow Jones Index of leading industrial shares was up 29.43 points at 3,358.10
        783 words
      • Article
        Johannesburg
        314 15 -8 South African shares closed steady to firmer on the Johannesburg Stock Exchange yesterday and dealers said there had been some disappointment but no reaction to news of a possible easing in monetary policy. The JSE Industrial Index slipped eight points to 4,536. "What the markets want and expect
        314 words
      • Article
        Untitled
        662 15 Britannia Funds SMrttatg Cask M Offer Mm Cap Drum *3« 1700 *31 1100 Mm Jcncy Gi* .0.1 MO 0 1951 Mim Hu Income ****** ****** US$ Cask 7M0 *****0 PS S Reserve Fund 5.2000 5.2100 .0.4520 0 4M0 Far Em Fund *2*110 *2«I50 Man Portfolio 1 6700 ***** H^Pl D
        662 words
    • Article, Illustration
      Lock icon HONGKONG
      2506 16 Reuter AFP THE STOCK market closed higher yesterday after business slowed to a crawl in afternoon trading as investors awaited the results of a government land auction. The blue-chip Hang Seng Index ended 48.27 points, or 0.85 per cent, higher at 5,710.80. Turnover stood at HK$ 1.638 billion, down
      Reuter; AFP; Source: Bridge Info  -  2,506 words
    • Article, Illustration
      CHINA
      446 16 THE Shanghai B shares plunged across the board yesterday on news that China's central bank would prohibit local investors from dealing in the B market. As a result, the CLSA Shanghai B Index dropped 7 per to close at 981.02, with a high turnover of U554.34 million. The domestic
      446 words
    • Article, Illustration
      Lock icon TOKYO
      2513 16 Reuter STOCKS ended modestly firmer yesterday but off highs after repeated news reports convinced investors that a rate cut will happen today. Brokers said the news was now largely digested and the market remained wary of the cut's actual effects on the economy and investment cash flows. "People seemed
      Reuter; Source: Bridge Info  -  2,513 words
    • Article, Illustration
      Lock icon BANGKOK
      1725 16 Reuter STOCKS yesterday ended firmer in a market that showed hesitancy for a real technical rebound, as selective buying in some big banks and property firms helped the index edge higher at the close, brokers said. The SET Index rose 5.46 points, or 0.56 per cent, to close at
      Reuter; Source: Bridge Info  -  1,725 words
    • Article, Illustration
      Lock icon JAKARTA
      826 16 Reuter STOCKS closed strongly here yesterday in a surge which left the market breathless and brokers predicting that foreign investors were finally returning after two years. The Official Index rose 3 56 points to 283.94. "It looks as if foreigners have come back." a broker said. The broker said
      Reuter; Source: Bridge Info  -  826 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      1590 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE voiumt Multi-Purposc 9.805.000 Pub Bk Foreign J.932.000 Mulptu Inll 50c 2.618 000 Kamunting50c 2.115.000 p roP crt 1.888.000 Tan Chong 50c 1.866.000 Rcnom Bhd 50c 1.718.000 Cons riant 50c I.J73 000 Amaj Sled 50c 1.553.000 DAC Bank 50c 1,496.000 JLL
      Source: Bridge Info  -  1,590 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Prices up on hopes of lower interest rates
        4805 17 Bernama KUALA LUMPUR Share prices rose sharply across the board in hectic trading yesterday, which dealers attributed mainly to market's expectation of lower local interest rates. "There was talk in the market that two local commercial banks would announce a cut in
        Bernama; Source: Bridge Info  -  4,805 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Index slips 8 points in profit-taking
        4562 18  -  By Quak Hiang Whai SINGAPORE The local bourse slipped yesterday as investors took profits on recent gains. At the close, the 30-share Straits Times Industrials Index was down 8.1 points to 1,637.59. But this was a recovery from midday. when the index was down
        Source: Bridge Info  -  4,562 words
      • Article, Illustration
        Lock icon Public Bank Foreign
        62 18  -  HOT STOCK Paul Leo PUBLIC Bank Bhd foreign shares have been trading between $1.40 and $1.60 since mid-December. Daily RSI and stochastics indicate the stock is overbought and a correction from yesterday's close at $1.60 towards $1.50 should take place within the next few days. Thereafter, the
        SOURCE: BRIDGE INFO  -  62 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      454 9 SECOND INTERNATIONAL SECURITY CONFERENCE A Regional Forum On The Key Issues And Challenges Facing The Banking Finance, Retail and Building Industries In Asia Conference Theme: Security For Stability And Growth" 18-19 February 1993, Marina Mandarin Hotel FOR THE CONFERENCE 18 FEBRUARY 1993 (DAY 1) B.OOAM 5.00PM 19 FEBRUARY 1993 (PAY
      454 words
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      390 10 B U S T N F. S TOLL-FRbH TEL. No- 1-800 T I M F. S 737 0043 FAX:734 3698 NOTICE NOTICE IS HEREBY GIVEN that, I Yap Choon Lan of 29A Jalan Ishak, Singapore (1441), have applied for a Ist Class Public House Licence in respect of premises at
      390 words
    • Advertisement
      Page 10 Advertisements Column 2
      370 10 IN THE MATTER OF THE COMPANIES ACT, CAP. 5« AND IN THE MATTER OF VALUE ADDED SERVICES TECHNOLOGY PTE LTD (Incorporated in the Republic of Singapore) (In Members' Voluntary Winding Up) At an Extraordinary General Meeting of the Members of Value Added Services A Technology Pie Ltd duly convened and
      370 words
    • Advertisement
      Page 10 Advertisements Column 3
      227 10 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OP CAUWAY PTE LTD (Incorporated m lh» RepuMc of Singapore) (MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companm Act, Cap.so that the Final Meeting of the Members of the abovenamed Company
      227 words
    • Advertisement
      Page 10 Advertisements Column 4
      347 10 THE COMPANIES ACT. CHAPTER 50 SECTION 290(2)(b) Notice Of Resolution FENCHURCH HEARN ft QUEK PRIVATE LMMTED (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Fenchurch Heam A Ouek Private Limited held at 4 Shenton Way #17-00. Shing Kwan House. Singapore 0106. the following special resolutions were duly passed
      347 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      12 11 Can using a cellular phone be injurious to your health? Pg 25
      12 words
    • Advertisement
      Page 11 Advertisements Column 2
      127 11 t\ BU "HM ****■>*« QUOAD I Paradise Country" is an establislied wedding/function centre plus model farm and equestrian facility situated in the Hinterland of Australia's leading tourist region. The operating business and freehold land will be offered for sale, with the primary assets being the land, existing improvements and the
      127 words
Page thumbnail Page 12
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      62 13 We can help you solve that problem just as we have 1 i helped others with our NEW UNIQUE futures investment. i You work hard for your money, now let your money work for you! i Regardless of the business you are in, we can help you 1 money wise.
      62 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      401 14 businesstimes TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN IMB MATIEft OP COMPANIES ACT, CAP. SO PamaM lo Sactioa 290(2)(b) AND IN THB MATTES OP CAECO ENGINEERING (S) PIS LIS g»ni>ii«m lntMSiyMh af *»>m) AnaßminwM—) ifce ilim i Oiwfi Mf tarn. VmM md MM U1 North Mm Eoad #07-26PaaiMatoPtosa Singapore
      401 words
    • Advertisement
      Page 14 Advertisements Column 2
      18 14 As and when the latest London/Rotterdam prices are not avaihhu. tk* previous trading day's closing figures are cairfedtosSd
      18 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      123 15 THE MASTER MasterCard V YOU'VE GOT THE WHOLE WORLD IN YOUR HANDS t Cv mtii4 t'k5 v y Hi »®j ?/r> fiS$£§ -V i V; *■>.■ v <*< v V <■; -iiSBF r-VJb-i V- J\ i s t' r_' s rjft**Mie Z: I r *f iI 'iSSf fe T <
      123 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      73 16 UT YOUR MONEY IN A BOX. ■■iHSSES3SEEJHI IT'S MORE RELIABLE THAN SHARES Reu (P ronottnoeJ ""■N") mu c of lasting value. Handcrafted following a 200 year old Swiss tradition, tkey perform dutifully every day for yean on AND MORE PLEASING end (unlilw many skares we could mention). TO THE EARS
      73 words
Page thumbnail Page 17
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      51 18 CALL MILANO'S HOT DELIVERY HOTLINE NOW. 468-2222 /u for l uth "catering Italian pasta, pizza, BBQ ribs, salads and more! Urnce/1 lome Delivery Hours: Daily from 11.00 am onwards (including Public Holidays). I FREE delivery for minimum order of $10.00 a $3.00 surcharge for delivery after 11.00 pm. JftiANo All'fa/un
      51 words
Page thumbnail Page 19
  • SPORTS
    • Article, Illustration
      Will some dark horse steal the show?
      773 19  -  Golf Johnnie Walker Classic By Shahiron Sahari SINGAPORE The firs! ball at the Johnnie Walker Classic, which begins today, has yet to be hit and already there has been a casualty, with Britain's Jamie Spence an asthmatic having to pull out because of
      773 words
    • Article, Illustration
      Amateur hits hole-in-one
      311 19  -  By Shahiron Sahari SINGAPORE Param Singh Bal could hardly contain his excitement and was about to try to drink more in order to put on some quick kilograms when it was pointed out to him that, as an amateur, he was not going to win his weight
      311 words
    • Article, Illustration
      Lock icon Female Ballesteros gears up for LPGA
      658 19  -  Tania Abitbol among the new names to watch, says Charlie Beck Charlie Beck AP MADRID, Spain Already dubbed the "female Ballesteros", Spain's Tania Abitbol has the style and power game to quickly become a fans' favourite when the LPGA opens its 43rd season this
      AP  -  658 words
    • Article
      Some tee-off times
      177 19 WORLD No I Nick Faldo tees off today at 8.42 am from the lOth tee, along with No. 2 Fred Couples (US) and Isao Aoki (Japan). Another interesting group to follow, teeing ofT at 12.57 pm from the first tee, arc Greg Norman (world No. 6), lan
      177 words
    • Article
      Lock icon Holyfield predicts easy victory for Bowe
      764 19  -  It's hard for Dokes to have a chance, says the fighter who has fought both of them. Michael Martinez reports Michael Martinez NYI NEW YORK He has seen both of them, fought both of them and beaten one of them, and this is how
      NYI  -  764 words
    • SIDELINES
      • Article
        Lock icon Indian sub-continent to host 1995 Cup
        92 19 Reuter t00*77- Pakistan and Sri Lanka will jointly host the IWD World Cup, but the sub-continent won approval from the International Cricket Council only after England broke a deadlock by withdrawing its bid. Delegates from 28 cricketing nations were locked in more than 13
        Reuter  -  92 words
      • Article
        Lock icon Rugby player repulsed by nude photo
        106 19 AFP TP c Former rugby league international Wayne Pearce told a Supreme Court jury here yesterday that he was "repulsed" by a nude photograph of fellow international player Andrew Ettingshausen in a magazine. Asked why, Pearce said: "Well, I wouldn't want my pecker in
        AFP  -  106 words
      • Article, Illustration
        Lock icon Graf advances, Sabatini pulls out
        88 19 Reuter YOKOHAMA, Japan Top seed Steffi Graf of Germany returning the ballagainst Japan's Kimiko Date in the first round of the U*****,000 Toray Pan Pacific Open indoor tennis tournament yesterday She beat Date 6-1, 7-5. A flu-ridden Gabriela Sabatini the defending champion and second seed,
        Reuter  -  88 words
      • Article
        Lock icon Aussie swimmers upset over contracts
        91 19 Reuter SYDNEY Australia's top swimmers, including long-distance world champion Kieren Perkins, are embroiled in a bitter row with officialdom over proposed contracts which could stop them signing up with their own sponsors. Six elite swimmers, all Barcelona Olympic medallists, have put their careers on the
        Reuter  -  91 words
      • Article
        Lock icon 1996 Olympics to cost US$ l.47b
        88 19 AP ATLANTA The 1996 Olympics will cost US$l.47 billion to stage and should bring in US$l.59 billion (552.4 billion), an increase from previous estimates on both ends, organisers of the Atlanta Games said on Tuesday. And officials said they planned US$lOO million of the
        AP  -  88 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Ice hockey
        32 19 Reuter NEW YORK Results of National Hockey League games played Tuesday: Calgary Flames 6 Washington Capitals 4; Edmonton Oilers 4 Boston Bruins 3: Quebec Nordiques 3 Los Angeles Kings 2.
        Reuter  -  32 words
      • Article, Illustration
        Lock icon Basketball
        68 19 Reuter NEW YORK Results of National Basketball Association games played Tuesday: Atlanta Hawks 118 Seattle SuperSonics 109; Cleveland Cavaliers 100 Golden State Warriors 90; New York Knicks 105 Washington Bullets 100; Houston Rockets 115 Indiana Pacers 104; San Antonio Spurs 111 New Jersey Nets 93; Orlando Magic 110 Los
        Reuter  -  68 words
      • Article, Illustration
        Soccer
        137 19 LONDON Tuesday's results: English Premier league. Blackburn I Crystal Palace 2. I reading standings (played, won, drawn, lost, goals for. goals against, points): I. Norwich 26 14 6 6 40 38 48 2. Manchester United 26 13 8 5 40 21 47 3. Aston Villa 26 13 8 5
        137 words
      • Article
        Lock icon Tennis
        437 19 AP AFP AP AP AFP Dl BAI First round results in the I'SSI million ATP tournament luesday: Alexander Volkov (Rus \l) b Youness al Avnaoui (Mor) 6-2. 6-3: Thomas Muster (Austria \2) b Nicolas Perreira (Ven) 6-4. 6-2: Fabrice Santoro (Fra x 8) b Francisco Montana (US) 7-5. 6-0;
        AP; AFP  -  437 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      950 20 ENf Nothing BeatsAßud fflw?!?)I WHEREIO W,IIC DIIK AND ENTERTAIN ORGANISE YOUR OWN KARAOKE' It's your very own Karaoke party! King's Hotel has come up with a Daily Karaoke package for groups of 10-200 people from 12 noon to 5 pm. After your Penang Buffet Lunch, the Ist round of drinks
      950 words
    • Advertisement
      Page 20 Advertisements Column 2
      329 20 j Ymhneed pnjy_ _>^ r travel w Hon fit Top of the M to= Caen Dcauvillc taste Normandle j| c NORMANDY M'inAiuffl^i. k w^f^ wr AQfaaryTouro<France Mto^ |j Jan 22 to Feb 6 Oriental Buffet ip_ Lunch Dinner All the exotic and fabled cuisines of tt _^KS r the exciting
      329 words
Page thumbnail Page 21
  • LIFESTYLE
    • Article, Illustration
      Lock icon Malle's work comes full circle
      831 21  -  In Louis Malle's latest film. Damage, sex can still seem both shocking and highly topical The French director talks to Andrew Gumbel Andrew Gumbel Reuter Thirty years after the sexual revolution, the relaxation of screen censorship and any number of kiss-and-tell political scandals, it is
      Reuter  -  831 words
    • Article, Illustration
      Gun possession charge against Connick dismissed
      508 21 CHATTERBOX SINGER Harry Connick Jr got a break on Tuesday when a judge decided to dismiss a misdemeanour gun possession charge because Connick wasn't trying to hide the weapon. Connick recently recorded a public-service announcement at his own expense advising people to be aware
      508 words
    • Article, Illustration
      Lock icon More housewives than tycoons now buy art
      583 21  -  Noriko Yamaguchi on the middle-income collectors Noriko Yamaguchi Reuter OUTSIDE a subway station, across from a bleak stockyard full of containers, 40 Japanese queued in the snow to board a bus for the Tokyo International Art Show, 10 minutes away at a remote
      Reuter  -  583 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      1102 21 TV RADIO 1 MOn The Money. 10.30pm, Hf An actress falls for a man who ft I,\ persuades her to join a sinister <yL\\^ scheme by marrying his cousin. TM lik.^J Things start to go wrong when she suspects one the K two wants her dead. This 1990 H|^ thriller
      1,102 words
Page thumbnail Page 22
  • INNOVATIONS & TECHNOLOGY
    • IT TAKES
      • Article
        Lock icon Campbell: no plans to sell genetically-made food
        81 22 NYT CAMPBELL Soup Co announced on Monday that it had no immediate plans to market a genetically-engineered food product. The announcement came after Jeremy Rifkin, a long-time opponent of the biotech industry and head of the Pure Food Campaign, organised a boycott of
        NYT  -  81 words
      • Article
        Lock icon Japanese use hi-tech buoys to track rubbish
        105 22 Reuter JAPANESE scientists have released satellite-linked buoys into Tokyo Bay to trace the destination of rubbish drifting into the Pacific Ocean. Tokai University professor Toshifumi Sakata said on Monday his team had set free two buoys equipped with satellite transmitters to keep track
        Reuter  -  105 words
      • Article
        Lock icon Scientists find gene that can cause 2 diseases
        75 22 Reuter RESEARCHERS have identified a single human gene that can cause two completely unrelated illnesses a type of congenital deafness and an uncommon but deadly form of cancer in children. The discovery, reported in Monday's issue of Nature Genetics, "confirms what geneticists
        Reuter  -  75 words
      • Article
        Lock icon Physicist to co-author planetarium project
        48 22 AP HANSEN Planetarium has an agreement with theoretical physicist Stephen Hawking to help create a programme on the origins of the universe. Mr Hawking is to be a coauthor of a 45-minute computer graphics and animation display titled Fate Of The Universe. AP
        AP  -  48 words
    • Article
      Lock icon Virtual reality in the real world of medicine
      400 22 Computers make surgery by remote control possible NYT ON ONE recent morning at Ipswich Hospital in Ipswich, England, Dr Duncan Bell was performing a colonoscopy an examination of the inside surface of a patient's large intestine. But this was no routine colonoscopy.
      NYT  -  400 words
    • Article, Illustration
      Detecting a deadlier strain of Hepatitis B
      599 22  -  Helen Ching reports on the development of a prototype testing kit for the virus which will give results in double-quick time Helen Ching SO YOU think you have heard them all, from Hepatitis A to E? Think again. A mutated form of the
      599 words
    • Article
      Lock icon NEC scientists make world's thinnest wires
      307 22 NYT Scientists at nec Corp have made what they say are the world's thinnest wires, with a diameter the width of several atoms. The results could one day pave the way for ultrafine electronic circuitry' or strong fibrous materials. lhe scientists were working with
      NYT  -  307 words
    • Article, Illustration
      Lock icon US ends moratorium on animal patents
      957 22 NYT THE US government has ended a self-imposed moratorium and has again begun approving animal patents, nearly five years after Harvard University made history by patenting a geneticallv engineered mouse. The US Patent and Trademark Office issued patents in late December to three organisations
      NYT  -  957 words
    • Article
      Lock icon Russian scientists set to test reflective solar rail
      464 22 AP Russian scientists win set out this week on an ambitious experiment to light up the night with a 25-metre cloth mirror in space, hoping to create a huge space spotlight on Earth. The event, three years in the planning, would take
      AP  -  464 words
  • Page 22 Advertisements
Page thumbnail Page 23
  • THE LAW PAGE
    • Article, Illustration
      Lock icon Legal fees undergo a revolution
      1281 23  -  US clients are getting the whip hand in terms of designing flexible charges, reports Robert Rice V M SPDTCMUCU i I r Robert Rice FT IN SEPTEMBER last year, Philip Lacovara, general counsel of Morgan Stanley Co in the US, sent this message to 85
      FT  -  1,281 words
    • Article, Illustration
      Changes needed for law firms to go regional
      695 23  -  Are Singapore law firms ready for the regional thrust? Ramesh Divyanathan finds out Ramesh Divyanathan SINGAPORE companies must show more faith in local lawyers and some of the laws governing the legal profession will have to be changed if Singapore's law firms
      695 words
    • Article
      S'pore law firms eye China offices
      629 23 AT THE WITH Singapore businessmen and investors going to China in ever-in-creasing numbers, it was inevitable that professionals such as accountants and lawyers would soon get in on the act. For some Singapore law firms, business has been so good that they are seriously
      629 words
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      621 23 KBane INNO-PACIFIC HOLDINGS LTD (Incorporated in the Republic of Singapore) NOTICE TO HOLDERS OF LOAN STOCK OF INNO-PACIFIC HOLDINGS LTD (THE "COMPANY") To: The Loan Stockholders of 6% Unsecured Loan Slock 1987/1992 (the "Loan Stock*) 3 February 1993 Dear Sir/Madam 30 January 1993. the Company notified us of its intention
      621 words
    • Advertisement
      Page 23 Advertisements Column 2
      566 23 ft Mane INNO-PACIFIC HOLDINGS LTD (Incorporated in the Republic of Sing^ore) NOTICE TO HOLDERS OF LOAN STOCK OF INNO-PACIFIC HOLDINGS LTD (THE "COMPANY") To: The Loan Stockholders of 3.5% Uneecured Loon Stock 1989/1994 (the "Loan Stock") 3Fabn«yl9W Daar Sir/Madam 1 1993 Company notified us of Ms intonlion to m*e Via
      566 words
Page thumbnail Page 24
  • Article
    Bouncing Brits
    505 24 editorial FOR the past four years, the recession in Britain has seemed a permanent fixture. Damage limitation has become a way of life. But now, at least, it seems the longawaited upturn is at hand. The consensus of members of the Confederation of British Industry is optimistic, despite
    505 words
  • WHAT THE OTHERS SAY
    • Article
      Russia's new moves in Asia
      201 24 ASIA IS ACQUIRING a new significance in Russia's altered strategic outlook. President Boris Yeltsin's recent visit to India confirms that a policy shift is well under way. This has come after conservatives, nationalists and some prominent strategists began castigating the Kremlin s pro-Western policy that
      201 words
    • Article
      Germany's important tasks
      181 24 LAST SATURDAY, on the 60th anniversary of the rise of Nazism, Germans gathered in front of the historic Brandenburg Gate to denounce racialism. The event was heralded by German leaders as solid proof to the world that their country would never revert to its selfish image that
      181 words
    • Article
      We must improve our morals
      153 24 IT SEEMS SAFE to say that among the few Indonesians who have over the past several years earned themselves a reputation for being consistently outspoken, Kwik Kian Gie, the Dutch-educated economist and chairman of the Indonesian Democratic Party's research and development department must be considered
      153 words
    • Article
      Lead the way, Bill
      166 24 TOE WORLD is waiting for a signal from President Bill Clinton to show the way to a global recovery. Among the expectations are a decisive effort to keep protectionist pressures at bay; a solid US contribution to a significant effort by industrial countries to support the
      166 words
    • Article
      Averting a trade war
      190 24 VARIOUS SIGNS point to President Bill Clinton putting all his energies into fixing the American economy ever since his inauguration. But he seems not to have found any better cure than trade protectionism, causing anxiety to various countries, their governments and industrial and commercial sectors over
      190 words
    • Article
      Get a clean, balanced successor
      113 24 THE RESIGNATION of ageing Taiwanese premier Hau Pei-tsun provides President Lee Teng-hui with an opportunity to rejuvenate the party leadership. Yet Mr Hau's vociferous popular support suggests that the wrong choice of successor could backfire. A four-star general, Mr Hau's main backing came from the
      113 words
  • Article, Illustration
    Lock icon A growing wariness about studying Down Under
    592 24  -  AS coni^mef/ a "t colle^e ca er n to foreign students goes under, authorities there are concerned about a growing tarnished reputation. Alison Puchy reports Alison Puchy Reuter The collapse of a private Australian college with 260 foreign fee-paying students, mostly Asian, has
    Reuter  -  592 words
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      90 24 AIR dftiO DOGFIGfIfBa WHSTHER THE QILiNOUSTRY? CHINA S NEW TIGERS SPOTLIGHTS: QAF, KELANG CONTAINER 8 92 fciagEEcraEPftiaa v 1993b $4 Rfek. BBS HI HHH HHHk W7WT! tamllm SKSHM £flgl§ygH|^H v I mi Ht > "I -< f: I f Canyou afford to ignore South-east Asia's stock markets? Hi >" t<|
      90 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      43 24 DON T SR~Pk!<C STpvNDI I'm in FACfr CrtPuaPri (r*- KGE.P loeu. V FRST EOKWfrgp .y 1 J 1" t" ASSOCIATfONCWfSPAPenSLTO. IM2-IM] f\fl I POONESBURY GARRY TRUDEAU I N^F<St P ARB you NO, I'M ANPYOUHAVENOHjnjREfIU, AN &ARJHUN6! BUT I CAN'T has&auxmg&my ZCNKBR PROVE rT!
      43 words
Page thumbnail Page 25
  • ANALYSIS
    • Article
      Can using a cellular phone be injurious to your health?
      1287 25  -  Bart Ziegler and Peter Coy find that evidence of harm is scant, but the fear of a cancer risk may limit the industry's growth Bart Ziegler, Peter Coy FOR YEARS, scientists and the public have grown increasingly concerned about a
      1,287 words
    • Article, Illustration
      Russia and India: friendship figures
      898 25  -  FromNe™ Delhi, Salil Tripathi reports on last week's significant breakthrough in Indo-Russian relations with the signing of a debt nact while N J Nanpona foresees little change in US policy towards India and the rest of Asia as Clinton Co continue the Amenca-knows-bSatthulfe N J
      898 words
    • Article, Illustration
      Washington's blind spot on Asia remains
      1398 25 Running through Washington's foreign policy since the end of the Second World War are two major themes. One pictures America as a moral force in international affairs, mustering the resources of the free world against the "evil empire", waving the flag on behalf of
      1,398 words
Page thumbnail Page 26
  • Article
    Lock icon Khmer Rouge said to be blowing up bridges, rail lines
    617 26 Retaliation against attacks by government forces Reuter PHNOM PENH Khmer Rouge guerillas have started blowing up bridges and railway lines in Cambodia in retaliation for attacks on their bases by the government army. A senior United Nations official said yesterday
    Reuter  -  617 words
  • Article
    Lock icon US imposes duties of up to 213 pc on China dyes
    147 26 Reuter WASHINGTON The US Commerce Department has imposed provisional duties of up to 213 per cent on sulphur dyes from China after finding them being "dumped" in the US market. If the independent US International Trade Commission finds the
    Reuter  -  147 words
  • Article
    Lock icon Slow growth puts EC monetary timetable in doubt
    443 26 Reuter BRUSSELS The European Community's ambitious timetable for creation of a single currency looked increasingly over-optimistic yesterday as the Commission forecast slowing economic growth this year, and only limited recoverv in 1994. The Community's executive forecast gross domestic product in the 12-nation
    Reuter  -  443 words
  • Article, Illustration
    Clinton seeking to create 250,000 jobs
    497 26 Plan based on govt spending and tax credits totalling USs3lh WASHINGTON US President Clinton hopes to create up to 250,(XX) jobs within a year through government spending and tax credits costing about US$3l billion (5551.2 billion), officials say. Longer-term government investments in the economy
    497 words
  • Article
    Lock icon Israel has right to deport hundreds more Palestinians: Rabin
    374 26 Reuter JERUSALEM Prime Minister Yitzhak Rabin said yesterday that Israel retained the right to deport hundreds more Palestinians under a US-bro-kered offer to allow 100 to return from a South Lebanon no man's land. "The principle of our ability to remove
    Reuter  -  374 words
  • Article, Illustration
    President-elect Kim should go easy on taming chaebols
    900 26  -  The Bottom Line S N VASUKI S N VASUKI The writer is a BT correspondent specialising in Japanese and S Korean affairs. 1 "W" 7" IM YOUNG SAM, South Koreas president-elect, assumes office in the last week of February. I the countiy's
    900 words
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      111 26 ADVLm3Mc3i '■Y:V.<5?iMa Tomorrow in Business Times Spacious 3 Bedroom Courtyard Homes, Plateau Crescent. Carrara Discover the benefits of Investing In Australia's fastest growing city (Rider Hunt Report October 1092) Breezy elevated position provides views P P Up to 70% finance Priced across the Golf Course available from ICCU to Surfers
      111 words
    • Advertisement
      Page 26 Advertisements Column 2
      8 26 Rise in leading indicators surpasses forecasts, Pg 7
      8 words
    • Advertisement
      Page 26 Advertisements Column 3
      234 26 I MARKETING INVESTMENT OPPORTUNITIES IN CHINA'S SERVICE INDUSTRIES US$lOO,OOO TO US$5 MILLION With the rapidly increasing purchasing power in the wake of the booming economy and the recent opening of its domestic retail market. China's consumer service industries offer great potential for foreign investments. Khaw and Sons Pte Ltd. an
      234 words
Page thumbnail Page 27
  • Shipping Times
    • Article
      Keppel unit gets pioneer status in the Philippines
      406 27  -  From Al Labita ln MANILA THE Philippine government has approved the registration of a Keppel Philippines affiliate as a "pioneering export-ori-ented" company, entitling the firm to a package of fiscal incentives. Consort Marine Development Corp, a company just formed by a Keppei-led
      406 words
    • Article
      Penang Shipbuilding to diversify
      504 27 Joint venture set up for hook-up and commissioning jobs PENANG Penang Shipbuilding Corporation (PSC) is diversifying into non-yard operations in its bid to broaden earnings. For a start, the company has identified the hooking and commissioning of offshore installations for the oil and gas industries. The
      504 words
    • Article
      Lock icon Malacca Straits levy worries Japanese
      439 27 NYT TOKYO Leaders of Japan's shipping and oil industries are alarmed by moves by Malaysia and other nations located near the Straits of Malacca to collect tolls from ships passing through the strait. The strait is vital to Japan's economy because tankers carrying approximately 75
      NYT  -  439 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      860 27 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 AvantShpg 6 4/5 Avia Airways 14 4 •Bait Orient Line 7 4/5 Bangladesh Shpg 18 5 •Bank Line, The 9
      860 words
    • Article, Illustration
      Uniglory to call at Southern African ports
      263 27  -  By Terence Lim SINGAPORE Taiwan's Uniglory Marine Corp will launch a service linking Far Eastern and Southern African ports next month. The carrier's ships will link Port Louis in Mauritius and Durban and Cape Town in South Africa with Yokohama, Kobe, Pusan, Keelung,
      263 words
    • Article, Illustration
      Lock icon The oil spill disaster that wasn't
      825 28 One month after the tanker Braer was smashed off the Shetland Islands, the beaches are clean again and the islanders are optimistic that their livelihood will not be unduly affected Reuter ON THE Shetland Islands there is talk of a miracle. One month after
      Reuter  -  825 words
    • Article
      DAILY FREIGHTS
      515 28 Dry cargo freight rates saw little change with the Baltic Freight Index steady at 1,277 after a one-point fall on Monday, brokers said. But sentiment had suffered from the 126-point fall in the weekly SS&Y Atlantic capesize index to 3,385, with six out of 10 component routes falling
      515 words
    • Article
      TRANSPORT DIARY
      300 28 COURSES 1993 i Shipping courses organised by Singapore Port Institute, i Feb 1 Feb 2 Handling of Bunker Barge. Feb 4 Apr 22 (10 evenings): i International Frieght Forwarding I (approved-in-Principle SDF). Feb 5 Feb 6 Handling Of Bunker Barge. Feb 23 Jun 18 (31 evenings): International Freight
      300 words
    • Article
      COCKETT BUNKER MARKET REPORT
      837 28 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      837 words
    • Article
      THE SHIPPING GUIDE
      12658 36 This is a list of ships loading at Singapore for ports around the world, it tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEtfND PN: ship calls at Penang after
      12,658 words
    • Article
      SHIPPING AGENTS
      3442 41 Asia With Aurtea m T\\ il Rate 'an in nil (Far East/Nertfc Aacrica, octeiis tepaa); American President Lines; Sea-Land; Neptune Orient Lines; Maersk Line; Nippon Yusen Kaisha Line; Mitsui OSK Lines; Nippon Liner syrtem; "K" Line. 1 Wsiltsaai Rate Hfwial (Nartfc Aai trie a/Far Eaat): American President Lines;
      3,442 words
    • Article
      COURIER SERVICES
      257 41 Abacus Couriers Td: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144. Alitor* Freight Corporation Tel: 542-8844. Fax: 542-3716, *****80. Airswift Worldwide Cornier Tel: 278-0188. Fax: 273-8283. AJS Supplies Td: 748-6322 (2 lines), 747-7421. Fax: 742-8975. Cky-Uak International Td: 344-3377. Fax: 345-6450. Cluster Link Supplies A Services
      257 words
    • Article
      AIR FORWARDERS
      1451 41 Abex Express Freight Td: 542-7171. Fax: *****84. Actialc Forwarder 5) Td 225-1833. Fax: *****42. Actirair Siaaapore Td 542-7812" Fax: *****20. Aeroink Freight Inlernntionni Td: 545-8033. Fax: *****05. Aenapeed Td 542-5911. Fax: *****18. g Air Caipo Noan Express Td 542-5454. Fax. *****06. Air Express Interantional Td: 542-7666. Fax: *****74,
      1,451 words
    • Article
      PORT CONDITIONS
      2363 42 ALBANIA Dupes: Three vessels in port of which 1 discharging bulk wheat; 1 flour, 1 vegetables oil in drums. AUSTRALIA Port Kembla: Coal: I vessel loading, 2 waiting; 21 vessels due by Mar 5; approximately 1 day delay expected. Kooragang: 1 vessel loading, 1 waiting; 6 vessels due
      2,363 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      756 42 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young The Interest in tankers has remained high, especially for the more modern units and there are a number of significant sales which have come to light during the week. There are also reports of further inspections being carried
      The information was contributed by Simpson Spence & Young  -  756 words
    • Article
      AIR FREIGHT SCHEDULE
      376 42 DEPARTURES T T,„ CTD T T. ■vwht TODAY KAL KE697 B747F 0150 I «pi SIA SQ827 B747F 1730 2 CPH/DXB 697 B747F 0440 I BKK cue CV7M B747F 1845 1 LlSS S A Si,, BM7F 0715 2 DXB/LON NCA KZ203 B747F 1930 I NRT c. Ba ®22
      376 words
    • Article
      CRUISE & FERRY SCHEDULES
      467 42 CRUISE FERRY SCHEDULES CRUSE SHIPS "-""-g ETA LTD Pari, of Cifls A»« Tekph^N. FEBRUARY 04 05 Sea Princess 1400 0200 Work! Cruise Straits Shpg 27,-174* 05 Regent Spirit 1000 1800 Cruise to nowhere Regency Cruises 271-2911 05 OS r- 1200 1800 Cnuse lo Ocean Trade Chartering 299-0366 Fantasy World 1000
      467 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        392 43 Vend ifcy Berth Vrtal D^rtw, S*" f" r as s'r 0 52=8 ss ss sss s. £s ssss s;r i a r ss Taibao 1/93 14 m i?/ionn Ww nM alongside 0302/1700 Brahman Express 163-12/25 J12 04.12/1100 0412/2359 f' ?f P03 03.02/1300 Framnes 25 14 0412/2100 05
        392 words
      • Article
        MALAYSIAN PORTS
        121 43 Nmm Prt h the mdK Hang Jun 4009, Alkrmni, Euronavigator, Alam Tenteram, Leader, Santos. Southern Queen, Ai Salmah Rohas Ria, Pioneer Elgent, Pelego Isso, Azam I, Kyoei Maru No 1, Malayan Success, Kc 1000, Petro Stella. ft" «i Jan 3: Sea Princess, Penang Bridge, Sin You, Permint Suria,
        121 words
      • Article
        CONTAINER SCHEDULES
        1519 43 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS 1m* <***"* S» fcylh Ccwtafcurc awfaMe 02.02.93 0910 5J gg ggg g" SE 9302 S X ST" K° 2 °»«Sn a» Manna Mas Wtfitt YiE Mercury 50 COO(EST) 03.02.93 0700 fries 93i W *****3 MS COO(EST) 03.02.93 2000 D Sumatra 92S
        1,519 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon JAL paying executives to leave in move to cut costs
        329 46 Bloomberg TOKYO Times are so tough in the Japanese airline industry that Japan Airlines Co (JAL), the country's largest carrier, is willing to pay its high-level employees to leave. JAL is seeking to give some executives and senior managers a
        Bloomberg  -  329 words
      • Article, Illustration
        SIA pays cash for 17th Mega Top
        299 46  -  By Dexter Lee SINGAPORE Singapore Airlines has dipped into its bil-lion-dollar cash hoard again to pay for a plane the third consecutive year in which it has had to do since lease finance from Japanese institutions dried up. SIA manager for public affairs
        299 words
      • Article
        Lock icon Russia to ban right-hand drive cars
        197 46 AP MOSCOW The Russian government has banned the registration of cars with a right-hand drive as of July this year, news reports said on Monday. Prime Minister Viktor Chernomyrdin has also banned the use of right-hand drive vehicles in Russia as of Janl, 1995,
        AP  -  197 words
      • Article
        Lock icon ABN Amro set to give Ss4sm to rescue DAF
        451 46 Bloomberg Business News AMSTERDAM A banking consortium led by ABN Amro bank was prepared to give 50 million guilders (5544.8 million) to DAF NV, the cashstrapped Dutch truck maker that on Tuesday sought protection from creditors, the bank said in a
        Bloomberg Business News  -  451 words
      • Article
        Lock icon Boeing union to vote again on labour deals
        430 46 Bloomberg Business News SEATTLE Boeing Co's sec-ond-largest labour union is asking its members to vote again on contract offers they rejected in December. It isn't clear when the membership's mail-in ballots will be tallied. The members of Seattle Professional Engineering Employees Association
        Bloomberg Business News  -  430 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1260 46 54 TO flrtrt no WmM GA887 1500 M,I,W| Qrei 1935 QF82 2050 SQ228 2040 MaitairiM SQ319 0610 KL838 2350 KL837 1545 Mfcm SQ347 1730 AarMaatf NZ21 1710 BAH 1310 NZ28 1840 1 SQ288 2045 ■■fcrifci GF148 0650 S«ri B«gMM ***** 1105 SQ182 0930 1 SQ181 1425
        1,260 words
      • LOG BOOK
        • Article
          Lock icon Chevron christens double-hull tanker
          95 46 Reuter SAN FRANCISCO Chevron Corp christened a double hulled tanker on Monday at a shipyard in Rio de Janeiro in Brazil. Chevron said the 132,000-deadweight ton tanker has been named nnS/WD 6 who T* US secretar y of state under former president Ronald Reagan from 1982
          Reuter  -  95 words
        • Article
          Lock icon Brazil port strike completes sixth day
          93 46 Reuter RIO DE JANEIRO Brazil's stevedores completed the sixth y o a strike that has halted most of the operations at the country s ports, union leaders and government oflicials said on J? are protesting against a port reform bill approved by Congress that
          Reuter  -  93 words
        • Article
          Lock icon Sabena's European traffic up
          69 46 Reuter BRUSSELS Belgian national airline Sabena SA said its European passenger traffic rose 8.3 per cent in 1992, thanks to its strategy of developing a European network. Sabena said in a statement on Tuesday that in the last six months it had increased tne number of
          Reuter  -  69 words
        • Article
          Lock icon KLM expected to incur 3rd-qtr loss
          90 46 Bloomberg AMSTERDAM KLM NV's net loss in the third quarter of the ?S™ ndll s M h 31 1993 would widen to 786 million guildere (5570 million) from 39.2 million guilders in the year-earlier period, according to the average forecast of six analysts polled
          Bloomberg  -  90 words
        • Article
          Lock icon First Japanese double-hull supertanker
          65 46 AFP TOKYO Japan's Hitachi Zosen Corp said on Monday it has completed a double-hull supertanker to be delivered to a Greekaffiliated. Liberia-based owner, Arosa Maritime Inc. The tanker Arosa. the first Japanese double-hull supertanker, will be registered in Greece. The company said the 290,000 tonne Very
          AFP  -  65 words
      • Article
        Lock icon BritRail gears up for privatisation
        423 46 Seven passenger services offered for franchising Reuter LONDON Britain on Tuesday offered seven passenger services, ranging from one covering the whole of Scotland to a single shuttle service on a holiday island, in its first stop on the track towards privatising the railways. Transport Secretary
        Reuter  -  423 words
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      2 27 Leading Lubricant
      2 words
    • Advertisement
      Page 27 Advertisements Column 2
      1 27 StgHSSH
      1 words
    • Advertisement
      Page 27 Advertisements Column 3
      190 27 The oil spill disaster that wasn't, Page 2 Some Reasons For THE STRAITS TIMES WEEKLY OVERSEAS EDITION You've posted a manager to head your Tokyo office. The Straits Times Weekly Overseas keeps him posted. For other reasons, send in your subscription none The StmitsTimes 1 WMKIV OVEK«(A« tftlTlON Making an
      190 words
    • Advertisement
      Page 27 Advertisements Column 4
      46 27 JAL paying executives to leave, Back Page Yourson is studying overseas. And you want him dose to home -with news from home. To your principals and business associates overseas, It's assuring that Singapore Is great for business. The Straits Times Weekly is like a country report
      46 words
    • Advertisement
      Page 27 Advertisements Column 5
      67 27 THE Jt FAMOUS n «> dVZOP£ BEHB2IS 224 1833 For more information pleaxe refer to Pg. 13 Someone close has beenßvfarg in Canada for some years. You've given up writing those long letters. The Straits Times Weekly tells ft bettet comeback after reading aU the good news.) You travel often
      67 words
Page thumbnail Page 28
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      1380 29 J?<L PTE LTD JARD,ME shipping agencies TEL: *****11 FAX: *****09 H BOOKINGS TEL: *****34 *****58/ *****40 \l|VJ^ CFS (PSA FS) TEL: *****21/ *****79 JARDINE SHIPPING AGENCIES SDN. BHD. FffiWITI PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 L Vffi9 J Dedicated to Quality Service CFS rEL *****6 MKii P.GUOANG TEL: *****2/3 FAX:
      1,380 words
    • Advertisement
      Page 29 Advertisements Column 2
      747 29 iFor advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 UASC//J RUNTED ARAB SHIPPING CO.(SAG)Hi ToUSEaetCoag^^^^^^ Ba/wt I 1 I k I I I u, MnSSaSIS 'J25 /M n/w a/u ISMSm i,,j 2 t5 i? 2 j>£ m atari hum m i {J 2 ft'!* f!* SMTI nu MM 91/ M J
      747 words
    • Advertisement
      Page 29 Advertisements Column 3
      930 29 ■acmsHnza SHIPMENTS TO k KINGSTON, JAMAICA I BOTH LCL AND FCL I MAGLEBY MAERSK V. 9302 Vaaaal Vo* ETA ETD Feed* j I s** iath/Art»» DESTINATIONS I I J5" Magtoby Maersk 9302 I I I CFS 9/2 0300 HRS JOH LPK PEN OAK LQB fSo SOO «T I 111 Imm
      930 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      826 30 V 4 a LILLVJ||V!VVrH VOY NO SPORE JEOOAH (via JED) STON H'BURQ HAVRE EKi 20/304 6/2 15/2 21/2 24/2 27/2 i 75 cvodcoc 28/105 10/2 27/2 2/3 28/2 rSpS 9!'305 13/2 23/2 1/3 3/3 6/3 8/3 10/3 SSMSmSBSL DANURF £'J2! 18/2 6/3 9/3 7/3 SgJS^gg^P* kamakmq* 06/306 20/2 2/3 8/3
      826 words
    • Advertisement
      Page 30 Advertisements Column 2
      517 30 I Fa Breakbu* Service to: 9 AFGHANISTAN MAM Afghanistan Ltd, Sote Foreign Forwarder in Kabul lor aN services C.1.5.-Vootochny, Vladivoetofc, Moscow, Tashkent, I Klew Minsk Rioi R*ku I North Korea Vietnam e Mongolia e Hungary I CSFB Poland coarrans EAST) LTD I nouakchott-banjul-bissau-luanda-bata I f—df v——i MMM 1 EAST 07/02
      517 words
    • Advertisement
      Page 30 Advertisements Column 3
      699 30 I! NORASIA SUN 9249-3 09/02 02/03 Sk S*f 2?T ANT# FEL LHA NORASIA PEARL 9250-3 19/02 11/03 S/S W/#3 10 3 U/03 12/03 t JAPAN SEA 251N 24/02 17/03 i J/S 17/03 W M l'/03 20/03 C "M*A2S2« 02/03 24/03 26/03 29/03 X/ll NORASIA SUN 9249-3 09/02 2/L f?® TRS
      699 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      1675 31 H STRAITS SHIPPING PTE LTD 10 Hoo Chiang Road #11-01 Koppoi Towers Singapore 0208 Tol: *****00 Fax: *****17 CMGO™ DUE mm tONlllSSlMnllfik TO CAMBOlfcfcA STRAITS ST AH VO2E KK, Skan. Taw 04 05 Fab 06 Ftto 06 Fafa JWOtt VO4E Nun. Lab 05-06 Fab 06 Fab 07 F* 1H 1
      1,675 words
    • Advertisement
      Page 31 Advertisements Column 2
      1408 31 SINGAPORE AGENT: IcAJ Containers EXPORT v IMPORT I— I VESSEL WO* 'MQ "PICO MM ALG SOU ANT MOT MAM a? s:: ss; ss 9/oj Bi SB""-* SS SS, ss, s», -I™ a* asMST" sss Vo\ %s *Z /<n S3 S3 ss? z as jej ss; ski s£ LIVERPOOL BAY 9304
      1,408 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      623 32 m ISTwJsiD MM MB Iw TsHI m 0 MmMTA/717U a/2 11/2 27/2"" UT 1 KtH I**/'" ¥ll_ It/2 2/3 5/3 3 I II —0 BlMtMy4a M/t >" H/3 11/3 hi II SOUTH-WEST KMTS 1| f'wa stokel nu I «B I ftif 11 Sb"S!S^ <753 /2 25/2 BICMA MT/3247S I^l 11/?
      623 words
    • Advertisement
      Page 32 Advertisements Column 2
      1379 32 I I HANJIN SHIPPING HJ* KNANCTANe 09K ROWM ONI ?i SLK? 1 SW LM HAUL SA V U NYC 15/2 H. KEZLIMG 041E U/J J/3 SSSESSN« 15/7 f SSSL'iL IM WS 21/3 11 fggfWP-WT.** 22/2 R HASAN 1771 11/3 19/3 FBMOIAAOBAT W3N Z2/7 M SfTS *?,l *2 M/ 3 HARM
      1,379 words
    • Advertisement
      Page 32 Advertisements Column 3
      475 32 Shipping Times, Thmreday Febrwy 4 lfM i" sffir""""»«W«w I tni—l—B I [s# iniiiiiitiipiil 1 /4 2/5 4/s V 5 »/5 MA I iSsa s?" ra ,,|f ,7TjTT!™w^^ 11S S #sl S8 JBF 23/7 a/i W/il u/m EBaSt ISc] I I t OKTU K 047 U/2 Wt? T, 21 227 2
      475 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      983 33 If™ ACE: 'RHEIN BRIDGE 26W ETA SGP 06/02/9^^^l II ETA RDM 22/02/93, FLX 23/02/93, BRE 25/02/93, LEH 27/02/93 II 'R1 SCX: Connocting C. Pegasus Voy YI in Hkg I SCX; Connecting C. Jupiter Voy 62E In Hfcg M U SGP MOTHER VSL VOY SET I VK.SSf:L VOY SGP TorToAr VAN
      983 words
    • Advertisement
      Page 33 Advertisements Column 2
      285 33 ©HEUNG-A SHIPPING Korean Flag Vessels STRAITS/KOREA SERVICE m m m m ma t oaoaowr mm oi/m 13/12 tt/v 12/02 13/02 u/« m. 7 DOMM MM N/02 00/02 11/12 23/12 2V02 CHOVMG SM NB3M 17/12 09/02 14/12 11/12 li/K 20/02 IHWMD 30SN lt/B U/02 23/02 27/12 tl/U <2/(3 •m DOMM 38M
      285 words
    • Advertisement
      Page 33 Advertisements Column 3
      123 33 CENTENARY SHIPPING SERVICE I mew.* rott, container drectservice J SIMOAPORE/HO CHI MIMHaiY Nov provUng Cootalncr Htuddng ioViugfauL from Ho Q>l Mlnh Qty vtua imiK vov.nbw eta/p S'pqwe eta/p hcm city TANAM AM 75W/S 09-09 FEB 12-12 FEB S3 TANAH AM 7«M/S 10-10 FEB 19-19 FEB 03 TANAM AM 77M/9 23-23
      123 words
    • Advertisement
      Page 33 Advertisements Column 4
      912 33 SINSOV II SRtGAPORE SOVIET StfIPPMG CO PRIVATE LTD BOOKINGS: BAIT ORIENT LINE: *****64 FESCO: *****06 BUSCO t ODESSA: *****51/*****31 ENQURES: *****33 I 03 *****75/697 PORT KH-ANG: 36*8243/ *****40 JAKARTA: *****57 I PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 I MARINE MSURANCE SERVICE: *****87/ *****87 I (REGULAR INDEPENDENT SERVICE) J FULL
      912 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      713 34 mm AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CRMo: **********0 M) W W TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/^9 IV I IXI M MALAYSIA: "K"UNEMARITIME (MALAYSIA)BDNBHD 1 A M 4 TELSA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5*6 KAWASAKI LTD INDONESIA: P.T. SARANA LAUT WTEBNUSA TEL JKT *****78.
      713 words
    • Advertisement
      Page 34 Advertisements Column 2
      128 34 Coniktental PacMc LJ TIBER PLYWOOD SERVICE TO U.K./CONTMENT *KU STORE PR LOMMB FOR *R»U> ACHRLESI SU) SU) SU) ROT/MT/WI/M ARMMUT SU) J/2 1/2 Sm/WT/MT/HII/UK KUUT 1 W2 SETE/ROT/MT/FUI/UH Loads Sjbjh/tndontsia MULTIPORT AGENCIES (S) PTE. LTD. J TEL: *****77 FAX: *****31 MJy PJ(. MULTIPORT SON BHD. TEL: 9M2MO TLX- MA 3577S
      128 words
    • Advertisement
      Page 34 Advertisements Column 3
      215 34 FOOMC SUM I SHIPPING (PTE) LTD. ®!™F- Bl0a( 1 Kii 77W255 (12 UKS) m m-rrmn tool b ***** raw **sa m m i msTunow fiULf KHMJD 3/93 12/2 15/2 PUUU/PMBfMNG HONS IS 2/93 1/2 10/2 PONTMMIK/SMIETE SW MT 2/93 J/2 9/2 MKMTA/PMIMNG KMM 2/93 «/2 19/2 MMRTA/UUK PMOMC WWiW 2/93
      215 words
    • Advertisement
      Page 34 Advertisements Column 4
      915 34 Amies, inureaay reoruary j PHILIORKNT UNCS PTC LTD 9xr BY AIR, LAND OR SEA.... 'V' WE TAKE ON THE WORLD FOR YOU hSS -TlMKnira»^rrTMrM^^!!l H a FOWWARDERS ASSOCIATIOW va r 8 FEB SYDNEY. melbournTWlSßAN^emantl^ 28 FEB I 6 FEB fS!IS2 C AMPK;O VER CBU2 PARAMARIBO I SSSZ&SSSSS'i ST SAN 10
      915 words
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      713 35 PACIFIC INTERNATIONAL LINES (PTE) LTD I SSgSSSSS I4O Cecil Street. #03-00 PIL Building, Singapore 0106. CR NO **********0E I KOTA E WUAVA Ijlm. SIN n* o SIN CMS JIB HOD JED AOJ I KOTA 2S&I SQAO2I I i*" 0 a/a I am»« r?" AWAN WRMO2I 21/2 25/2 1/3 7/3 10/3
      713 words
    • Advertisement
      Page 35 Advertisements Column 2
      1183 35 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-.STANn?NA VIA WEEKLY F P GUDANG PENANGI P KELANG OCEAN VSL/VOY SIN SOU(I) RTMI2I HAM (3, fiOT ffl E ±1 5/2 6/2 BENARTY 3042 9/2 26/2 28?2 ~3 375 E 12/2 12/2 ,3/2 ALSIA 3052 16/2 5/3 ~3 m D 19/ *>/2 BENAVON 3062 23/2
      1,183 words
    • Advertisement
      Page 35 Advertisements Column 3
      297 35 Page 9 I°BSA° transportation Wm, MYANMA pHMk FIVE STAR LIME (Myanmar National Line) Loading for Yangon (Rangoon) HPA-AN VlBs* h I?" P Gd| MYOMA YWA VI46W PAGAN ¥192* In Pi 03/05 F,b AVA VI2OW 12/14 Ft, I 08/10 F* MALAYSIA AGENTS SOUSTTAC SHTPfK A9NC(S pot Itl M-CICI3S PCD fa 07-*****1/4
      297 words
Page thumbnail Page 36
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Page 37 Advertisements Column 1
      56 37 l/r VISA FREIGHT SERVICES PTE LTD fl) Established Since 1984 OCEANIA PORTS REGULAR QKOUFAGE lcl consolidation AUCKLAND SYDNEY IMPORT Se EXPORT MELBOURNE FREHANTLE SERVICES FOR BOOKING &t SAILING SCHEDULE, CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL: 1800 *****66 TOLL-FREE TEL:
      56 words
Page thumbnail Page 38
  • Page 38 Advertisements
    • Advertisement
      Page 38 Advertisements Column 1
      1374 38 snipping l imes, inursaay reoratry i iw Fell Container Liner Services Malaysias Ajents: Indonesia's *c«rts: Costir Shipping Pt« 1M u toto!l »WfS*W C*. v Urn St**, s* t» M. (MatMr.Mm*Marftw > I 2 Mtstti RoaO 47 m Street s l^' S afa Rafa Mwte Mosa 3 34. 3rd floor. Jl
      1,374 words
    • Advertisement
      Page 38 Advertisements Column 2
      218 38 T.S.K. WEEKLY DEDICATED LC L SERVICE SPORE BELAWAN EVERY SUNDAY VESSEL ACX JADE/VOY 123 A ETA 07/2/93 (SUN) T/TIME 2 DAYS CFS STATION MB 1 PS, <\ GATE 3, KEPPEL ROAD. (TEL: *****84) CONTACT REBECCA CHOO, JENNIFER GOH (TEL: 226 3363) ■BAHILL& DELAMAIN (S) PTE. LTD. I TEL: 271 FA
      218 words
    • Advertisement
      Page 38 Advertisements Column 3
      349 38 I I raa mmn I OCEAHA EXPRESS to Fa 26 MM 3 ™V I OCEANA EXPRESS II m, U,. J? 14 I W t APR 11 ApR i 2 I 2£2 —UT- APR, APR 13 «rOWARQg».M "7 APR 12 APR 17 APR 19 I RTCWA HWSCUS V 59 MAR 26
      349 words
Page thumbnail Page 39
  • Page 39 Advertisements
    • Advertisement
      Page 39 Advertisements Column 1
      588 39 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) LMASSOL/PREAUS 6/2 ROTTERDAM 6/2 HAIFA/ ASHOOD/ALEXANDRIA 6/2 HAMBURG/BREMEN 6/2 MARSEILLE/FRANCE 6/2 FaiXSTOWE/UK 6/2 BARCELONA/SPAIN 6/2 LEHAVRE/ANTWERP 6/2 GENOA/ITALY 672 GOTHENBURG/SCANDINAVIA 6/2 LOS ANGELES/WC/W 6/2 SYDNEY/MELBOURNE 5/2 NEW YORK/EC 6/2 FREMANTIE/ADELADE 1/2 VANCOUVER
      588 words
    • Advertisement
      Page 39 Advertisements Column 2
      675 39 si RICHFIELD MARINE AGENCIES (S) PTE LTD FW TEL: *****33 (12 Line*) K FAX: *****15/*****03 ICDJ TELEX: RS ***** RISHIP (3 Lines) I3Q ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOADING FOR SPORE NETSANET 26W8 IN PT DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ANOINET
      675 words
    • Advertisement
      Page 39 Advertisements Column 3
      611 39 I JAKARTA BANGKOK 5 n VDSL |fgv. flMai I V 2 0/2 ImMM "iiT Fr M g 16S 6/2 10/2 NRNTA BHUM 127W frj NANA BHUM 1775 10/2 14/2 PRACOR SENTOSA 21H SJI 4/2 li 57$ I RAJA BHUM SSS 12/2 14/2 i 9! >/» n/2 I KITI BHUM 17S
      611 words
    • Advertisement
      Page 39 Advertisements Column 4
      322 39 aeagaa ma-uri BAY OF BENGAL SERVICES I m 5» »MV2 iwi/i 1947/2 I I 2522. <MW "-W* 22-23/2 I I 22 252? 19-11/12 19-11/2 23-29/2 I I TIH —g IMM 15-19/2 2123/2 91-02/2 I t^ST— ST STT"^ HO 95-95/2 11-15/2 21-22/2 I i®J* *"*/2 15-19/2 25-29/2 I jMasiKH ***** 11.12/2
      322 words
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Page 40 Advertisements Column 1
      1020 40 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS Sfl AKL LYT SM PREMB22S hft 15/2 17/2 4/3 MSTSTMISS 11/2 2/3 4/3 11/3 FGUMD MY IS 2t/2 12/3 14/3 2S/3 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON ACCEPTING FCL L LCL FOR NEW PLYMOUTH, NAPIER, WELLINGTON, BLUFF
      1,020 words
    • Advertisement
      Page 40 Advertisements Column 2
      843 40 rw»—ry i f THONG SOON LINES PTE. LTD. I 77 WW' #1W» SM BULDM6 SMGAPORE 0106 I MQr TEL: *****5S FAX NO: *****11. *****22 ***** BWOL CAttfc TQSOCO I SINGAPOI IE TO SARAWAK SINGAPORE TO WEST MALAYSIA m irmt Itn ~ST It ~T^ P I EQUATOR GRACE 78/3E 06 FEB
      843 words
Page thumbnail Page 41
Page thumbnail Page 42
Page thumbnail Page 43
  • Page 43 Advertisements
    • Advertisement
      Page 43 Advertisements Column 1
      109 43 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 l I relevant book reviews. (J I 3) ENTERPRISE MANAGEMENT, in U Business Times every Monday, is must reading for managers who want the I
      109 words
Page thumbnail Page 44
  • Page 44 Advertisements
    • Advertisement
      Page 44 Advertisements Column 1
      674 44 Xcosco UKC CONVENTIONAL SERVICE VESSEL PKL PNQ p.G. LOADING FOR: A VESSEL 29/2 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/02 20/02 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES IFCL/FCl} EXPORT TO: CHMA/BANGK OK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI r!? r f f
      674 words
    • Advertisement
      Page 44 Advertisements Column 2
      454 44 ■> I K i i <^^CROSSWATER J I omct 29i vamam kmd #omo xmrgoor mlok s(W2i) 1 WKMIMg (OS): M 37 #125/21 It m* FWBff ST»ICT TH_ ****** 1 I PT KELANQ/PENAWQ I 7/2 I TQKYO/YQKQHAMA I 8/2~ I BUS AW la/2' I I ißißßnn^^^H**E9?2 |USA 6/ J" PEBZ3SiEI39^^HHEI^L" I
      454 words
    • Advertisement
      Page 44 Advertisements Column 3
      547 44 I Antwerp 6/2 Fremantle 7/2 Banakok Bremen 6/2 Sydney 8/2 Busan fi/9 LeHarvcP I Melbourne y, g K ong Felixstowe 6/2 EEISZdEH 22 Rotterdam J r^-^ y 9/2 Calcutta 7/2 Manila 8/2 Chittagong 10/2 Lax Nyc 7/2 Karachi 8/2 stafes^ ver Madras 8/2 WORLDGATE EXPRESS LINES PTE LTD Tel: *****11
      547 words
Page thumbnail Page 45
  • Page 45 Advertisements
    • Advertisement
      Page 45 Advertisements Column 1
      801 45 HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE *?L_ HE J®_ WSSLS VOV ISM I RTM MfT* LDT HAM Pffj PEL 22 SISS !2i ¥.1 4/2 8/2 H C l^W<o »2W 7/2 21/2 2S/2 27/2 21/2 21/2 2^3 EUVMS 05A 16/7 11/? »A/» Xm 14/2 5/3 5/3 5/3 7/3 7/3
      801 words
    • Advertisement
      Page 45 Advertisements Column 2
      447 45 ■II STRAUS/ JAPAN/ STRAITS SERVICE H I SPECIALIST M RO-RO A HEAVY UFTS a "Mw>w«fis IKm w N HC a L~I I auZmrum* W m 3 I «A«RRBg it) wl 2 I T M/l I "WTO H M/l M/ 2 I MTMMD KISSfIS I itMBC rat mii/Mcm/ni I BEKI AKEIBHI
      447 words
    • Advertisement
      Page 45 Advertisements Column 3
      725 45 IP" I* I" I- J. I" I- I- I" |g h SEnvicE U CALLS II mm mm imm nm |*xmtomu— mbm "TmSST ~wii It7u iT/u 77*T wti wIT ITS TiTiH DIRECT EVERY I nm laubitv m im» um/u lilj *3i "537 I WEDNESDAY II ll **>** W/W 21/13 21/1) 21/1)
      725 words
Page thumbnail Page 46
  • Page 46 Advertisements
    • Advertisement
      Page 46 Advertisements Column 1
      6 46 1.1 MARKETIN Tomorrow in Business Times
      6 words
    • Advertisement
      Page 46 Advertisements Column 2
      52 46 Tomorrow in Business Times Fly Finnair's new MD-11 the world's most technologically advanced aircraft. Fly Finnair's new wide bodied MD-11 to Europe and find out why long hauls are a thing of the past. Call your travel agent or 733 3377 for more details. We know the world from start
      52 words