The Business Times, 9 February 1993

Microfilm: NL18516
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA (P) 552/12/92 Tuesday February 9 1993 75'
    13 words
  • 2am LATEST
    • Article
      Lock icon Clinton sets up new environmental office
      80 1 Reuter WASHINGTON President Bill Clinton has set up a new office intended to give the environment a higher priority in domestic and foreign policy decisions. "We face urgent environmental and economic challenges that demand a new way of thinking and a new way of
      Reuter  -  80 words
    • Article
      Lock icon US toy shipments up 12pc
      64 1 Reuter NEW YORK US toy shipments rose 12.2 per cent in 1992, the biggest increase in at least eight years. The Toy Manufacturers of Amcrica said the increase, which compares with a 9 per ccnt rise in 1991, is twice the amount forecasted last year,
      Reuter  -  64 words
  • Article, Illustration
    MARKET SUMMARY
    110 1 Stock market indices Monday Change STII 1,615.73 -2.91 KLSE Composite 641.60 -3.23 Nikkei 17.281.73 -51.17 Hang Seng 5,786.65 -39.44 SET Index 980.93 fO.88 Jakarta Composite ...295.26 +3.22 CLSA China B 1.653.15 +153.5 AustAIIOrd 1.559.4 +16.1 FTSE 100 2.870 7.1 Monday Previous I Ian close Dow Jones 3,439.95 3,433.20
    110 words
  • Article, Illustration
    Condo prices in Singapore up 23pc last year
    451 1  -  By Sylvia Wong SINGAPORE Condominium prices in Singapore grew by 23 per cent last year, widespread talk of an oversupply situation notwithstanding. But analysts are now divided as to whether the momentum can extend into the current year. Soon Ching Voon of
    451 words
  • Article
    Singapore govt set to sell land by auction
    539 1  -  By Lilian Ang SINGAPORE Developers who have been keen to see the government sell land through open auctions may see their wish come true this year. Industry sources say plans to introduce such a system here are well underway, and a pilot
    539 words
  • Article
    Keating hitches campaign wagon to Asian economies
    292 1  -  From Florence Chong in SYDNEY PRIME MINISTER Paul Keating yesterday kicked off his election campaign by again stressing the need for Australia to link more closely with the booming economies of Asia. "Trade with Asia means jobs good jobs, jobs with a future
    292 words
  • Article, Illustration
    Small county in China has big incentives for S'pore investors
    439 1  -  By Yong Pow Ang SINGAPORE A littleknown county in China is offering Singapore investors incentives which it describes as better than what are available in the special economic zones. Yangzhong, which consists of four islands in the southern reaches of
    439 words
  • Article
    Lock icon Washington assures trade partners: Clinton govt is not protectionist
    310 1 AFP, Reuter WASHINGTON The Clinton administration has sought to reassure US trading partners that it is not protectionist and that all it wants is a fair shot for exporters trying to sell goods overseas. "This is not a protectionist administration," US
    AFP,; Reuter  -  310 words
  • Article
    Singapore goods and services tax: White Paper out today at 5pm
    97 1 SINGAPORE The Government will release the White Paper on the Goods and Services Tax at spm today after the stoek market has closed. Finance Minister Richard Hu and Trade and Industry Minister S Dhanabalan will explain the workings of
    97 words
  • Article
    China a step closer to creating shadow government in HK
    481 1  -  From Stephen Vines in HONGKONG CHINA has moved a step closer to setting up a committee which is widely seen as constituting a "shadow government" for Hongkong. China's new offensive emerged as members of a select group of Hongkong advisers
    481 words
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      124 1 Nikon The World s Finest Pnotograpnic System CONTENTS I News 2 SpoJeSrsa*.. 9.10.11 Regional News 3.4.5 Financial 12.14 World News 7. 8 Featms Martets Analysis 27 Oob/KISE. SES 19.20 Editorial 26 Regional 17.18 Sports 21 World _15.16 TV/Lifestyle 23 Currencies 14 Regional Focus 6 Simex/Commo .15.16 Subscription Tel **********/ Fax
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      9 1 Property <& Construction Orchard homes for the wealthy Pg 25
      9 words
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      25 1 JHock Lock Siew QAF's future Ux)ks bright Pg 9 Keep track of prices with specfaU URA index, Pg 24 Keating faces time-bomb over jobs, Pgs
      25 words
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      127 1 riubLl VLU The Bottom Line W 9 FEB ,9M P) n r f NATIOMI ueraSv /**7 Practice of s JfrSfrg Editorial, Pg 26 THE DAWN OF A NEW ERA S I PRINTERS M*24L) i 337cpsin Mid-Range Printers^ BBM BtfsiffeCSS Systems Brother Industries Limited, Nagoya, Japan Office #02-08 Great Pacific Warehouse.
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      18 1 Nikon T~e '.Vorld s Finest P"c:ogrncn:c System. Bottom Line: China must distinguish sycophants from true advisers, Back Pg
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Number of firms struck off doubles
        350 2  -  By Anna Teo HERE's one indicator that shouldn't go sky-high but it did last year: the number of companies struck off the Registry of Companies Businesses (RCB). While the number of new companies and businesses formed climbed healthily last year (as was noted in
        Source: Registry of Companies Business  -  350 words
    • SINGAPORE ROUNDUP
      • Article
        SAE wins vehicle inspection deal
        99 2 SINGAPORE Automotive Engineering has won a SSI.7 million contract to inspect vehicles. The Singapore Technologies subsidiary said yesterday the three-year contract was effective immediately and would run until 1995. SAE's automated inspection line at Portsdown Road will test cars to ensure they comply with standards
        99 words
      • Article
        Apec secretariat opens Feb 12 in S'pore
        83 2 THE new secretariat of the 15-nation Asia-Pacific Economic Cooperation group will be officially opened in Singapore on Feb 12. it was announced yesterday. Apec began in 1989 as a loose forum for senior government officials to promote trade and development around the Pacific
        83 words
      • Article
        Temasek Poly offers Diploma of Law
        88 2 LAWYERS should have less trouble finding para-legal staff three years from now, when Temasek Polytechnic's first Diploma of Law students graduate. The three-year course, announced yesterday, starts in July and aims to "provide effective support to lawyers in law firms, legal departments and the
        88 words
    • Article
      Bosses again urge lower CPF rates for workers over 55
      522 2  -  But NTUC says older workers need the CPF money to pay for healthcare By Chuang Peck Ming EMPLOYERS have renewed the push for further cuts in the Central Provident Fund rates for workers over 55, as final touches are being
      522 words
    • Article, Illustration
      S'poreans snap up overseas properties
      341 2 OVERSEAS investment properties are still attracting a lot of local interest, judging by the response to three exhibitions on US and Australian properties at the weekend. Twenty condominium units out of 50 on offer at Renton Ridge, in Seattle, were sold at at the Pan
      341 words
    • Article
      French quartz firm St-Gobain sets up plant in S'pore
      152 2 A FRENCH company has set up Singapore's first quartz processing plant. The plant, opened by the St-Gobain group, will provide products used by the local semiconductor industry. Gerard Leveque, president of St-Gobain's industrial ceramics division, said that as the main buyers
      152 words
    • Article
      Court orders PCI to pay unionised staff bigger bonus
      437 2 THE COURT yesterday ordered Sesdaq-listed PCI Ltd to pay its unionised staff two weeks' variable bonus for 1992, double that offered by the company. But the amount fell short of what the United Workers of Electronic and Electrical Industries had asked
      437 words
    • Article
      Colour Touch assets to be auctioned off
      420 2  -  By Dawn Tan PROVISIONAL liquidators of Colour Touch (S) Ptc Lid have launched a public tender to auction ofT assets belonging to the debt-strapped company. Business Times understands that the assets have been put up for public viewing at four separate locations an
      420 words
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      93 words
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  • THE REGION
    • Article, Illustration
      France and Vietnam to sign 5 pacts during Mitterrand visit
      425 3  -  Alcatel and Air France expected to clinch major deals soon By Harish Mehta SINGAPORE The high-powered visit of French President Francois Mitterrand to Vietnam beginning today is expected to result in the signing of five key agreements between the two
      425 words
    • Article
      Ramos hopes to push for closer security ties during S'pore visit
      543 3  -  From Al Labita in MANILA PRESIDENT Fidel Ramos yesterday said he hoped to foster closer security ties with Singapore during his three-day state visit beginning on Thursday. "We have had this defence cooperation with Singapore for quite sometime already,"
      543 words
    • Article
      S'pore, KL working on scheme for single regional rubber futures market
      394 3  -  By Shoeb Kagda SINGAPORE Singapore and Malaysia arc working together on a comprehensive draft for the crcation of a single rubber futures market in the region. Quck Kar Tung, general manager of the Rubber Association of Singapore Commodity Exchange
      394 words
    • Article
      Lock icon Asian economies may face oil crunch in mid-*****, say analysts
      302 3 Reuter KUALA LUMPUR Asia's boom economics may face an oil crunch in the mid-1990s as energy demands spiral and high costs delay new refineries. "There may emerge a situation where local refineries will not be able to supply Asian nations
      Reuter  -  302 words
    • Article
      Lock icon Indonesia, M'sia plans safety survey of Malacca straits
      227 3 UPI JAKARTA Indonesian and Malaysian leaders yesterday proposed a new safety survey of the Straits of Malacca, the narrow shipping lane that's seen steady growth in both usage and accidents. The survey would be the first by the two countries in more
      UPI  -  227 words
    • Article
      Lock icon US envoys to promote Asean in American cities
      254 3 Bernama KUALA LUMPUR Unitec States ambassadors to Asear countries will tour some majoi American cities, tentatively ir September, to create awareness among businessmen there about opportunities in Southeast Asia. The counsellor for economic affairs at the US embassv here, Douglas Hartwick, said
      Bernama  -  254 words
    • Article, Illustration
      Lock icon It's immediate retirement for Johor's State Secretary
      516 3 Malaysian constitutional crisis Bernama JOHOR BARU Abdul Rahim Ramli retired as Johor State Secretary yesterday. The state government accepted his application for optional retirement but disallowed his request to retire on April 15 after taking the 53 days of leave to which he
      Bernama  -  516 words
    • Article
      Lock icon Buy electricity from S'pore, Thailand, says Tenaga
      217 3 Bernama KUALA LUMPUR Tenaga Nasional Berhad (TNB) has proposed that the Malaysian government open talks with Singapore and Thailand on the possibility of buying electricity to ease the power shortage in Malaysia. Energy, Telecommunications and Posts Minister S Samy Vellu told reporters yesterday
      Bernama  -  217 words
    • ASIA NOTES
      • Article
        Lock icon M'sian economy expected to slow down
        79 4 Reuter KUALA LUMPUR Malaysia's economy will slow in 1993, recording real gross domestic product (GDP) growth of 7.3 per cent versus 7.9 per cent in 1992, CS First Boston (Hongkong) Ltd said in a report yesterday. Official Malaysian forecasts of GDP growth are 8.5
        Reuter  -  79 words
      • Article
        Lock icon China cracks down on forex profiteers
        56 4 Reuter BEIJING Police here have arrested a foreign exchange profiteering ring whose illegal trade involved more than 1.6 million yuan (S$480,000), the Xinhua news agency said yesterday. The 16 suspects rounded up on Feb 1 had amassed six cars and five portable phones still
        Reuter  -  56 words
      • Article
        Lock icon IMF-Manila begin tough loan talks
        93 4 UPI MANILA The Philippines began technical discussions with the International Monetary Fund yesterday on a three-year economic road map expected to include US$BOO million to US$l billion in fresh loans for Manila. Officials from both sides said the week-long talks, which precede formal negotiations scheduled
        UPI  -  93 words
      • Article
        Lock icon US, Japanese ministers to meet: report
        109 4 AFP TOKYO Japanese Finance Minister Yoshiro Hayashi is to visit the United States later this week to meet US Treasury Secretary Lloyd Bentsen, local reports said yesterday. Kyodo News Service and Jiji Press said that during his Saturday meeting with Mr Bentsen, Mr Hayashi
        AFP  -  109 words
      • Article
        Lock icon Tokyo demands apology from Russia
        81 4 AFP TOKYO Japan has called on Russia to apologise for allowing more than 50,000 Japanese prisoners of war to starve to death at the end of World War 11, reports here said yesterday. Relations between the two countries, already strained by a territorial dispute resulting
        AFP  -  81 words
      • Article
        Lock icon Call for NZ to change name
        109 4 AFP WELLINGTON New Zealand's just-celebrated National Day has revived calls for the country to change its name to the original Maori name, Aotearoa, or "Land of the Long White Cloud". Kuru Waaka of the Te Arawa tribe called for a campaign to change the
        AFP  -  109 words
    • Article
      Lock icon HK rejects EC floppy disk dumping charges
      211 4 Reuter HONGKONG Trade officials yesterday rejected European Community charges that Hongkong firms were dumping computer disks in Europe, saying no reliable evidence was presented. "Very flimsy evidence of dumping has been put forward," said Maria Kwan, the colony's assistant director-gen-eral of trade. The
      Reuter  -  211 words
    • Article, Illustration
      Formation of China-backed investment firm disturbs HK
      473 4  -  By Lee Han Shih SINGAPORE Resistance is growing in Hongkong's financial circles to the setting up of a high-powered China-backcd investment company with the potential power to manipulate the Colony's stock market. A report in the Sunday Morninf* Post said financiers and politicians
      473 words
    • Article
      Lock icon Chinese government magazine blames US for problems in ties
      271 4 UPI BEIJING A Chinese government magazine yesterday blamed the US for problems in US-China relations and called on the Clinton administration to make a "new good start" by easing human rights criticism and economic sanctions. A signed article in the latest
      UPI  -  271 words
    • Article, Illustration
      Lock icon Sitting tight in a Taiwanese detention centre
      11 4 Reuter 25: immi s
      Reuter  -  11 words
    • Article
      Lock icon China's influence in Myanmar may force others in Asia to rebuild ties
      400 4 Reuter YANGON China's ambitions to be a two-ocean naval power may force Japan and other Asian nations to build closer relations with Beijing's allies in the Myanmar junta, diplomats and officials say. China is supplying the military rulers
      Reuter  -  400 words
    • Article
      Lock icon HK's standard of living projected to overtake that of US by 2006
      363 4 Bloomberg Business News AFP HONGKONG The average citizen here will earn more than the average American by the year 2006 if the gross domestic product (GDP) growth rates of the past decade are sustained, according to Hongkong Centre
      Bloomberg Business News; AFP  -  363 words
    • Article
      Lock icon Taipei to sign five treaties of Tokyo round of Gatt talks
      256 4 AFP TAIPEI Taiwan has decided to sign five treaties of the Tokyo round of the General Agreement on Tariffs and Trade (Gatt), but stopped short of signing other accords. Press reports yesterday said Taiwan will sign five treaties on
      AFP  -  256 words
    • Article, Illustration
      Lock icon Keating faces timebomb with jobless figure set to hit one-million mark
      549 5 Reuter SYDNEY Australia's Labor government, fighting for its life in a tight election campaign, faces the prospect of carrying one million unemployed into the March 13 election a figure almost unimaginable only a few months ago. If the dreaded
      Reuter  -  549 words
    • Article
      Lock icon Japan drafts Bill to boost investment, loans abroad
      311 5 Reuter TOKYO The Ministry of International Trade and Industry (Miti) said it has drafted a Bill to revise its trade insurance law in order to boost pri-vate-sector investment and loans to developing and East European nations. "Our country has a trade surplus
      Reuter  -  311 words
    • Article, Illustration
      Lock icon Speculation that Hyundai founder may quit politics
      252 5 Reuter SEOUL South Korean busi-nessman-politician Chung Ju Yung failed to attend a ceremony marking his party's first anniversary yesterday, raising speculation that he is on the verge of quitting politics. A spokesman for his United People Party (UPP) said the tycoon missed the
      Reuter  -  252 words
    • Article
      Lock icon Reports of sale of Dutch subs to Taiwan resurface
      390 5 Reuter AMSTERDAM A Dutch shipyard which was last year barred from supplying a USSI.S billion (552.4 billion) Taiwanese submarine order, declined comment yesterday on a report that it is preparing to send a delegation to Taiwan to re-open the deal. "I
      Reuter  -  390 words
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      8 3 Big step forward for French-Vietnamese ties, Pg 6
      8 words
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      143 3 Ocean Towers 20 Raffles Place A Landmark Address That Commands The Best Names In The Business ;<• DREW A NAPIER MORGAN GRENFELL ASIA GROUP STRAITS STEAMSHIP LAND SEEEEEEEIEEEEIEziiZ* HONGKONGBANK RARING SECURITIES iZZIIIIZZZIIZZZIZZZZZZL PK WONG ADVANI (S) PTE LTD i," TOKYO LEASING mpteltd AUTOMOTIVE SAFETY G SYSTEMS (S) PTE LTD f
      143 words
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      442 4 LI 3 CONFERENCE ON TRADE AND Ol| INVESTMENT OPPORTUNITIES IN RUSSIA: FOCUS ON OIL AND GAS —14 15 APRIL 1993 MARINA MANDARIN SINGAPORE Russian efforts to revitalise its oil and gas industry have reached a critical juncture. Opportunities abound for private sector initiatives to play an important role in restructuring
      442 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Big step forward for French-Vietnamese ties
      1417 6  -  French President Francois Mitterrand visits Vietnam today. The visit sends a powerful signal to the United States that it is time the US embargo was lifted, analysts said. Hansh Mehta reports Harish Mehta SINGAPORE French President Francois Mitterrand arrives in Vietnam today. He is
      1,417 words
    • Article, Illustration
      Lock icon Capitalists getting ready for corporate invasion of Vietnam
      972 6 Amid signs that the trade embargo against Vietnam will be lifted soon. US businessmen are scrambling to establish contacts there NYT NEW YORK Almost 18 years after American diplomats fled Saigon before the advancing Communist troops, the capitalists are trickling back, hoping
      NYT  -  972 words
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      183 6 THE OF SINGAPORE 3HHWOM GOVERNMENT OfFEWNO OF TAXABLE BOOK-EMTPY I BONOS TO THE PUBLIC AMOUNT OFFERED SGDB3OMK) I ISSUE CODE N*****0H I ISSUE DATE 25 FEBRUARY 1993 I MATURITY DATE 1 MARCH 2000 I INTEREST RATE TO BE DETERMINED BASED ON THE I AVERAGE YIELD OF SUCCESSFUL I APPLICATIONS I
      183 words
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  • THE WORLD
    • Article
      Lock icon Christopher to visit Nato this month
      428 7 Alliance hopes trans-Atlantic links remain strong despite trade tension Reuter BRUSSELS United States Secretary of State Warren Christopher will meet Nato foreign ministers this month, with the alliance hoping for a clear signal that trade tensions and defence cuts will not weaken key trans-Atlantic
      Reuter  -  428 words
    • Article, Illustration
      Lock icon Iran's president appears set for re-election
      543 7 Reuter TEHERAN Iran's wily President Akbar Hashemi Rafsanjani appears to be riding out serious domestic problems and is virtually certain of reelection for a second four-year term in June, say Iranian and diplomatic political analysts. "He looks home and dry, barring something like an
      Reuter  -  543 words
    • WORLD WATCH
      • Article
        Lock icon Nafta legislation soon, says Brown
        111 7 Knight-Ridder GTON Commerce Secretary Ron Brown has said legislation on the North American Free Trade Agreement (Nafta) will be sent to Congress "very soon", and there is no need for the Clinton administration to re-open parts of the pact already agreed on. Speaking on television
        Knight-Ridder  -  111 words
      • Article
        Kuwaitis off to Europe to probe fraud
        73 7 KV^ 1 J t A Parliamentary team left yesterday for London and Madrid to study the collapse of Kuwait's investments in bpain and the progress of investigations into suspected fraud. Ihree members of the assembly's financial committee, one expert adviser and two assistants
        73 words
      • Article
        Lock icon Ukraine asks West for financial aid
        59 7 Reuter KIEV President Leonid Kravchuk urged the West to give Ukraine immediate financial assistance but said the republic would tolerate no pressure or conditions. Speaking on the eve of a visit to London, he told British journalists yesterday that Ukraine needed considerable financial assistance
        Reuter  -  59 words
      • Article
        Lock icon Fabius still wants to stand trial
        112 7 Reuter PARIS Former French prime minister Laurent Fabius has insisted that he wants to stand trial in France's long-running Aids scandal in spite of a legal ruling that too much time has elapsed for the case to be heard. Mr Fabius, now head of
        Reuter  -  112 words
    • Article
      Lock icon Return of deportees won't save peace talks, says PLO official
      281 7 Reuter CAIRO A PLO official yesterday said the return of 396 Palestinian deportees is not enough to revive flagging Middle East peace talks, although it is an essential first step. Nabil Shaath said US intervention was needed to persuade Israel
      Reuter  -  281 words
    • Article
      Lock icon Clinton to go ahead with economic stimulus plan
      613 8 Govt emphasises need for short-term measures amid signs of growth Reuter WASHINGTON US President Bill Clinton is set to press ahead with a short-term package to boost the American economy in spite of signs that growth is picking up and Republican doubts
      Reuter  -  613 words
    • Article, Illustration
      Lock icon Break-in at Three Mile Island nuclear plant
      67 8 Reuter THREE MILE ISLAND, Pennsylvania Security was tightened at the Three Mile Island nuclear plant last Sunday after a former e premises, crashing through the main gate. He was taken into custody after eluding police for four hours. No mage to the nuclear
      Reuter  -  67 words
    • Article
      Lock icon Supercommittee to guide US policy on former Soviet states
      457 8 NYT WASHINGTON The Clinton administration intends to create a supercommittee in the State Department to shape a unified strategy towards Russia and the other former Soviet republics, but has no intention of immediately increasing foreign aid to the area, senior administration
      NYT  -  457 words
    • Article
      Lock icon British consumers still reluctant borrowers, say economists
      420 8 Bloomberg Business News LONDON UK consumers still seem to think cash is king for most of their purchases, economists said yesterday. Britons borrowed a net £56 million (Ssl34 million) in December. nearly four times analysts' estimates. That was up from a revised £13
      Bloomberg Business News  -  420 words
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      254 7 The Ideal Investment For Every Singaporean SB|j Ej|s HI A 111 *«4 i-xr V fcf f| ,^;f > w j2j|aMiM,M c& y?*^?ss »i«•> A^Hi™"i^EHHMMi£ jsa^^^Blfcre j^jgfgMjf I JuP^P^wfT^^l ff-. W^Pl^pßW^pßi^Bß|a '^^■^^TffßffS^' ■^^^^^^^^^^^^^MSSBMHBsSHHI^i^JHEMHBRWMHMBfBMHI Singapore's Future Our Nation A Sound Investment New Issue Of Government Bonds Singaporeans are united by great national
      254 words
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      511 8 Every Exhibition Promises Results. We Deliver! GIobaITRONICS 94 gink 18 Years of Service to the Electronics Manufacturing Industry If you are searching for the number one electronics manufacturing exhibition (including semiconductor manufacturing) in South East Asia, look no further than GIobaITRONICS'94. This mega event comprises six specialised electronics manufacturing industry
      511 words
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  • COMPANIES & MARKETS
    • Article
      F&N's Malaysian operations offered 20-year Coke franchise
      477 9  -  But offer hinges on KL's acceptance of F&N's restructuring plans By Lee Han Shih SINGAPORE The CocaCola Company (TCCC) of America has offered to give Fraser Neave's Malaysian operations a 20-year franchise to sell its soft drinks provided that F&N's restructuring plans are
      477 words
    • Article, Illustration
      Lock icon Noel Gifts offers 11.25m shares at 36 cents each in Sesdaq listing
      443 9  -  By Hong Lee Tiam SINGAPORE Homegrown gift company Noel Gifts International Ltd yesterday offered 11.25 million shares at 36 cents each in its initial public offering. The shares will be listed on Sesdaq, Singapore's secondary board. Ten million
      Photo by Christopher Loh  -  443 words
    • Article
      No surprise that QAF's stock is attracting more interest
      682 9  -  HOCK LOCK SIEW By Genevieve Cua SINGAPORE The rumours swirling around QAF Ltd grow more intriguing by the day, exacerbated by the latest private placement of 11 million shares a 3.8 per cent stake by Prince Mohamed Bolkiah of the Brunei
      682 words
    • Article
      Acma option accord approved
      430 9  -  But some minority shareholders are unhappy By R Sivanithy SINGAPORE Shareholders of Acma Ltd yesterday approved a conditional call and put option agreement that could effectively reduce Acma's 30 per cent shareholding in computer peripherals maker Goldtron Ltd to 20 per cent. But some minority shareholders
      430 words
    • Article
      CSA to raise $13.8m by share placement
      223 9  -  By Genevieve Cua SINGAPORE Computer group CSA Holdings aims to raise $13.8 million through the private placement of 11.6 million new shares. Proceeds from the placement will be used to reduce bank borrowings taken out by the firm to buy 30 per cent
      223 words
    • Article
      Horiguchi in Shanghai joint venture
      92 9 SINGAPORE Scsdaq-listed Horiguchi Engineering, a marine engineering specialist, yesterday signed a joint-venture agreement with Shanghai Shipyard to form Shanghai Horiguchi Engineering. The new company, offering reconditioning engineering services at Pudong New Industrial Estate in Shanghai, will have an authorised, issued and paidup capital of US$l
      92 words
    • Article, Illustration
      SUMMARY
      340 9 Performance of STII's index stocks Feb 8 Sw»e lain Slock sale Chfe (actor ao,m (V) Avimo 1.920 4)020 1 64 9 52 CAC 7.200 6.17 < ctcbos 4.740 -0 040 4.06 19 05 FAN II.300 -0.100 9 68 47 62 OF Asia 3.120 -0 040 2.67 19 05 (jcnMag
      340 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Giken shares to be traded tomorrow
          93 10 SINGAPORE The shares of electronics company Giken Sakata Pte Ltd will start trading on Sesdaq from tomorrow. Giken's public offer of 10 million shares at 40 cents each was 48 times subscribed when it closed last month. Its majority shareholders have undertaken not to
          93 words
        • Article
          Tuan Sing director resigns
          67 10 SINGAPORE Tuan Sing Holdings Ltd announced that one of its directors, David Jackson Tan, has resigned with effect from Feb 6. Another executive. See Yen Tarn, has also indicated that he will step down from March 1, 1993, although he will remain as a non-executive director
          67 words
        • Article
          Ssangyong appoints new director
          34 10 SINGAPORE Ssangyong Cement (Singapore) Ltd has appointed Kim Bo Ung as director of the company on Feb 1. He will replace Kim Dae Young as director effective the same day.
          34 words
        • Article
          New director at QAF
          28 10 SINGAPORE Food company QAF Ltd said yesterday that it had appointed Dr Ernest Lai as joint deputy chairman with effect from Monday, Feb 8.
          28 words
        • Article
          Hong Leong, Ayala to explore tie-ups
          41 10 KUALA LUMPUR Hong Leong Industries has entered into a memorandum of understanding with Ayala Corp of the Philippines to jointly conduct feasibility studies for possible joint undertakings either in the Philippines or in Malaysia. MBT
          41 words
        • Article
          Lock icon KL Industries' issue price revised
          84 10 MBT KUALA LUMPUR Kuala Lumpur Industries Holdings (KLIH)'s issue price of its special bumiputra issue has been revised from MSI.OO to M 51.25 a share by the relevant authorities. As a result of the revision, gross proceeds from the special issue now amount to M
          MBT  -  84 words
      • Article
        Lock icon Concrete maker to be listed on KLSE second board
        290 10 MBT KUALA LUMPUR YTL Corp's wholly-owned subsidiary, Buildcon, will become the first ready-mixed concrete manufacturer to be listed on the Kuala Lumpur Stock Exchange (KLSE) following the approval of its flotation on the second board by the Capital Issues Committee (CIC).
        MBT  -  290 words
      • Article
        Technology Resources to focus on telecommunications
        643 10  -  Green light for Alpine takeover: group to divest interests in other sectors From Leslie Lopez in KUALA LUMPUR MALAYSIA'S diversified Technology Resources Industries Bhd (TRI) announced plans yesterday to turn the group into a fully-fledged telecommunications concern and shed its assets in other areas
        643 words
      • Article, Illustration
        Lock icon Joint-venture material
        62 10 Reuter VIZHENG, China An American expert and a Chinese worker installing testing equipment at the Yizheng United Industrial Chemical Fibre Company, a Sino-US joint-venture fabric company, in China's eastern Jiangsu province. With an investment of US$l3 million (5521.4 million), the joint venture was operational in May 1992 and
        Reuter  -  62 words
      • Article
        Lock icon Telekom buys 40pc stake in KL paging firm
        121 10 MBT KUALA LUMPUR Telekom Malaysia yesterday acquired a 40 per cent stake in paging company Skytel Systems (Malaysia) Sdn Bhd. Telekom announced that Skytel a joint venture between Secter Sdn Bhd and MTEL International Inc (USA) was incorporated in September 1992. Skytel
        MBT  -  121 words
      • Article
        Lock icon KLSE chief lauds potential of scripless system
        202 10 Bernama KUALA LUMPUR The scripless Central Depository System (CDS), with Autoways Holdings Bhd as its first counter effective from March 2, will enable the Kuala Lumpur Stock Exchange fKLSE) to meet future challenges, says KLSE executive chairman Nik Mohamed Din Nik YusofT. He
        Bernama  -  202 words
      • Article
        Lock icon Manila to auction off 14pc stake in Philippine Airlines
        364 10 UPI MANILA Philippine President Fidel Ramos yesterday said the government will sell 14 per cent of Philippine Airlines to the highest bidder, a move that could swing the balance in a fight for ownership of the country's flagship airline. In a
        UPI  -  364 words
      • Article
        Lock icon Public Bank posts 32.9pc rise in profit to M$218.7m
        628 10 MBT KUALA LUMPUR Public Bank has reported a 32.9 per cent rise in group pre-tax profit to M 5218.71 million (S$ 137.78 million) for the year ended Dec 31, 1992, compared with MS 164.63 million previously. This came on the back
        MBT  -  628 words
      • Article
        Lock icon D&C Bank's pre-tax profit rises 33.8pc to M$156.9m
        238 10 Bernama KUALA LUMPUR Development and Commercial Bank Bhd has turned in a group pretax profit of M$ 156.93 million (5598.86 million) for the year ended Dec 31, 1992. This is an increase of 33.8 per cent from MS 117.31 million recorded during
        Bernama  -  238 words
      • Article, Illustration
        Apple going great guns with 10 new products
        406 11  -  By Claire Leow SINGAPORE Apple Computer Corp launched 10 new competitively-priced products yesterday and promised at least another 60 this year. The firm once known for steep price tags and few product launches has made big gains in the US$47 billion (SS77
        406 words
      • Article
        Lock icon HK firm in talks over China power plant deal
        511 11 Bloomberg Business News HONGKONG China Light Power, Hongkong's largest electricity supplier, says it is in initial discussions over a power station project in Shandong province in northern China. "We have had one or two discussions over a project in Shandong but
        Bloomberg Business News  -  511 words
      • Article
        Lock icon Suntory opening sub sandwich shops in Tokyo
        466 11 Bloomberg Business News TOKYO Suntory Ltd, a pri-vately-held Japanese brewer, is betting that Japanese already hooked on hamburgers and pizza will open their mouths and pocketbooks to another American fast-food tradition the submarine sandwich. Subway, a US company that operates more than 7,000
        Bloomberg Business News  -  466 words
      • Article
        Lock icon Wharf moves into Sichuan with 40pc stake in cable firm
        231 11 AFP HONGKONG Wharf Holdings' investment in a Sichuan cable company marks the Hongkong giant's first foray into the rich Chinese province and the next step in its mainland strategy, a company official said yesterday. Wharf announced at the weekend that
        AFP  -  231 words
    • FINANCE
      • SMALL CHANGE
        • Article
          Lock icon Thailand to set up ex-im bank
          92 12 AFP BANGKOK Thailand plans to establish an export-import bank to boost its export capability, a Finance Ministry official said yesterday. The official said a draft Bill on setting up the bank would be proposed by Finance Minister Tarrin Nimmanhaeminda at a Cabinet meeting this
          AFP  -  92 words
        • Article
          Lock icon Thai bourse restricts loan margins
          80 12 AFP BANGKOK The Stock Exchange of Thailand (SET) has instructed brokers to restrict loan margins to no more than 50 per cent in an effort to curb speculation and manipulation on the volatile bourse, brokers said yesterday. They said a letter was circulated to firms
          AFP  -  80 words
        • Article
          Lock icon Tokyo warns of fake certificates
          95 12 Reuter TOKYO The Japanese Ministry of Finance has warned investors about fraudulent financial certificates that have been appearing with increasing frequency at home and abroad, especially in the US. The certificates, allegedly issued by the ministry, purport to certify that the ministry will exchange them
          Reuter  -  95 words
        • Article
          Lock icon Reserve Bank of Australia denies claim
          58 12 Bloomberg Business News SYDNEY The Reserve Bank of Australia yesterday rejected the Victorian government's allegation that it misled state officials about the financial status of a now-defunct banking group Farrow Corp. The Reserve Bank of Australia regarded the action against it as "groundless and
          Bloomberg Business News  -  58 words
        • Article
          Lock icon NatWest plans to lay off 4,000
          80 12 Bloomberg Business News LONDON National Westminster Bank pic, one of Britain's big four clearing banks, expects to shed 4,000 jobs this year. In a statement yesterday, it said 3,200 of the job cuts would come from its UK retail banking division. Nat West said
          Bloomberg Business News  -  80 words
        • Article
          Lock icon Separate currencies for Czechs, Slovaks
          104 12 Reuter PRAGUE The Czech and Slovak republics yesterday began using separate currencies and a clearing system to conduct all mutual trade payments across their new international border. The two governments initially set their exchange rate at 1:1, but Czech radio said commercial banks and exchange
          Reuter  -  104 words
      • Article
        Aussie agency issues Eurobonds in Asia
        240 12  -  By Dawn Tan SINGAPORE Australia's Export Finance and Insurance Corporation (EFIC) has launched a Asloo million public Eurobond issue aimed at Asian investors. The 10-year issue, leadmanaged by Hambros Bank Ltd, has a coupon of 9 per cent per annum. EFIC said yesterday that
        240 words
      • Article
        Number of Indon bond issues seen jumping this year
        442 12  -  More than 2 trillion rupiah expected to be raised in 1993 From William Chia in JAKARTA RUPIAH bond issues on the Indonesian market this year are expected to be more than double the 11 issues that raised 840 billion rupiah (*****
        442 words
      • Article
        Lock icon Asian investors to buy A$ if Keating win looks likely
        268 12 Knight-Ridder SINGAPORE Asian investors are gearing up to buy Australian dollars if pre-election polls indicate Australian Prime Minister Paul Keating will win the March 13 election, dealers here said yesterday. They said the Asian market's confidence in Mr Keating was
        Knight-Ridder  -  268 words
      • Article
        Lock icon Sri Lankan bank kicks off privatisation move
        141 12 AFP COLOMBO A Sri Lankan government-owned bank yesterday offered a third of its capital to become the first state-owned financial institution here to be privatised. The National Development Bank (NDB) offered 34.4 per cent of its issued capital with a par value of
        AFP  -  141 words
      • Article, Illustration
        Lock icon Read my lips ... and my hands
        44 12 Read my lips and my hands Reuter PARIS A trader on the Paris stock exchange reacting during trading last Fridav the morningafter Germany announced it was cutting its interest rates. France trimmed its overnight lending rate but left its key official rate unchanged. Reuter
        Reuter  -  44 words
      • Article
        Lock icon Royal Bank sells Charterhouse for £235m
        321 12 Rcuter LONDON Britain's Royal Bank of Scotland Group pic sold its merchant bank Charterhouse for £235 million (*****.3 million) yesterday as part of its on-going strategy of back-to-basics banking. The new owners of the bank, each with a 45.5 per cent stake, are Credit
        Rcuter  -  321 words
      • Article
        S'pore govt plans to raise $830m from 7-year bonds issue
        346 12  -  i* Moiz Tyebally SINGAPORE The government plans to raise $830 million through an issue of sevenyear bonds to take advantage of the current low interest rates in the money market. The Monetary Authority of Singapore (MAS) announced yesterday that the
        346 words
      • Article
        Keppel Insurance to offer investment-linked policies this year
        276 12  -  By Soh Tiang Keng SINGAPORE Keppel Insurance a joint venture between the Keppel group and the Dutch insurance group AMEV plans to launch investment-linked policies this year. General manager Albert Koh confirmed the move yesterday but said details of the policies which
        276 words
      • Article
        Lock icon Laos opens first commercial bank, prepares electricity pact
        246 12 AFP BANGKOK Laos has opened its first commercial bank, and is readying a broad agreement with Thailand on new supplies of electricity from its vast hydro resources. The Vientiane Commercial Bank, opened this month with a registered capital of some USSS million
        AFP  -  246 words
      • Article
        Lock icon Westpac steps up asset sales by cutting bank stakes
        538 14 Reuter MELBOURNE Beleaguered Westpac Banking Corp shed stakes in rival Australia and New Zealand Banking Group (ANZ) and the regional Bank ot Melbourne Ltd yesterday as part of its recovery plan. Westpac raised A 5224 million (*****.8 million) by selling a
        Reuter  -  538 words
      • Article
        Lock icon World Bank close to making biggest single project loan to China
        292 14 AFP BEIJING The World Bank is in the final stages of approving the biggest ever single project loan to China, to be used for a national grain distribution network. Bank sources and Chinese officials said yesterday that negotiations on
        AFP  -  292 words
      • Article
        Lock icon Nomura to market yen interest-rate swap services regionally
        263 14 Bloomberg Business News TOKYO Nomura Securities Co. Japan's largest securities firm, plans to market yen inter-est-rate swap services to regional financial institutions, said Mikio Fujii, planning manager of Nomura's bond department. Nomura will intensify its support for branches marketing yen-denominated interest-rate swaps,
        Bloomberg Business News  -  263 words
      • Article
        Lock icon IBJ to break new ground with securities unit
        609 14 Reuter TOKYO Industrial Bank of Japan (IBJ) is about to realise its dream of entering the securities business. But the current climate makes that prospect seem less rosy than before. A bank official said yesterday that IBJ was likely to be one
        Reuter  -  609 words
      • Article
        Lock icon India meeting loan conditions: World Bank
        451 14 Reuter NEW DELHI India is meeting the conditions of a structural adjustment loan agreed with the World Bank last year, the bank's managing director. Ernest Stern, said yesterday. "As far as we're concerned about the structural adjustment loan. India has met all these objectives."
        Reuter  -  451 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        145 14 IN THE absence of fresh dollar buying incentives yesterday. trading was quiet with the US dollar drifting down over the day on profit-taking. Against the Singapore dollar. the US dollar opened at 1.6510/20, compared to a 1.6530 close on Friday. Trading was confined to a
        145 words
      • Article, Illustration
        Untitled
        1434 14 IraJt-*«&n-d inJt x cak uiateJ S'[hwt'\ lift 14 traJmg fanners Ba\e war IQs* US$/S$ forward rates Noon Feb 8 s$ BM Offer 1-monlh ***** ***** 2-month ***** 1 64% 3-monlh ***** 1 64*7 6-month ***** 1 6460 Source: OCBC FOREIGN CURRENCY NOTE RATES As at IOmr yesterday: Singapore dollars to
        1,434 words
      • Article
        Lock icon London
        180 14 Reuter LONDON The US dollar crept higher yesterday after repeated attempts to break support below 1.65 marks met with consistent buying. Traders also detected a move to short-covering when the White (louse announced President Clinton would be meeting economic advisers at 1930 GMT and might make a statement afterwards.
        Reuter  -  180 words
      • Article
        Lock icon New York
        93 14 Knight-Ridder NEW YORK The US dollar remained lower yesterday but was making a good attempt at resuming its climb as foreign exchange players retained a bias in favour of the US currency, boosted by prospects of an improving economy, tighter short-term interest rates and good foreign demand at
        Knight-Ridder  -  93 words
    • COMMODITIES
      • Article
        Lock icon Bahrain to process crude oil in Singapore
        527 15 Reuter SINGAPORE Bahrain National Oil Co (Banoco) is the latest Middle East crude producer to process oil in Singapore, drawn by good processing margins, sources said. Banoco is delivering a cargo of one million barrels of Arab Medium at the end of this
        Reuter  -  527 words
      • Article, Illustration
        Food for the starving masses
        44 15 MOGADISHU, Somalia Workers stocking thousands of bags of flour delivered by ships in Mogadishu harbour on Sunday. Delivery of famine relief has speeded up since a US-led task force arrived in December to protect convoys from civil war anarchy.
        44 words
      • Article
        Lock icon Comex members oppose proposed takeover by CBOT
        584 15 Bloomberg Business News CHICAGO The Chicago Board of Trade's proposed "friendly takeover" of the Commodity Exchange in New York has received a not-so-friendly reaction from Comex members. Some Comex members are protesting against the CBOT's proposal to take over their exchange before a
        Bloomberg Business News  -  584 words
      • Article
        Oil futures fall as traders await Opec meet
        348 15 Bloomberg ENERGY REPORT LONDON Crude oil futures prices in London declined in the morning as traders were reluctant to make major commitments before the forthcoming Opec meeting, brokers said. Trade was largely directionless in the absence of new mar-ket-moving news. "There's nothing
        348 words
      • Article
        PT Inco reports drop in earnings
        269 15 SINGAPORE PT International Nickel Indonesia (PT Inco) has reported net earnings of USSB.9 million (5514.2 million) for the fourth quarter of 1992. bringing its net earnings for 1992 to US$36.l million. The figures are. however, lower than in 1991. when the nickel miner made
        269 words
      • Article
        Lock icon Saudis unlikely to heed Opec call
        414 15 Knight-Ridder LONDON Saudi Arabia is unlikely to agree to cut its output below eight million barrels per day in the second quarter, a move it feels unnecessary if all Opec members cut one million bpd from the current 24.582 million ceiling, a Persian Gulf
        Knight-Ridder  -  414 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars lower on profit-taking
        1398 16 SIMEX REPORT Reuter SINGAPORE Eurodollar futures ended lower on profit-taking and position-squaring ahead of U5535.5 billion (5558.6 billion) refunding this week. Faded optimism for a discount rate cut after neutral January unemployment and payroll figures released on Friday also led to liquidation, dealers said. March Eurodollars
        Reuter  -  1,398 words
      • Article
        KL tin likely to trade higher this week, say dealers
        1039 16 COMMODITIES REPORT Tin The price of tin held unchanged at MS 15 per kg on the Kuala Lumpur Tin Market as trading saw fairly active participation from both the buyers and sellers. Dealers anticipated the metal would continue to be
        1,039 words
    • Article
      COMMODITY PRICES
      1680 16 Rubber MS Ci—idWy bdMp (futures dosing as at lpn) ESS 1 Contract (S cents/kg) Hose Volume Open Month High Low Sett (tonnes) Interest Feb 93 II Z Z Z Z Mar 93 149.00 148.75 147.75 200 4.825 Apr 151.25 149.50 149.50 625 6.025 May 153.25 151.25 151.25 500
      1,680 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1189 17 16.1 News of the date of the Australian federal election combined with bullish offshore markets drove the Australian share market sharply higher in heavy trade, dealers said. They said the market's attention was split between the decision by Prime Minister Paul Keating to call a March 13 election and
        1,189 words
      • Article
        Manila
        547 17 +37.88 Share prices surged to a strong close, with enthusiasm sparked by Wall Street's uptrend ending a week-long consolidation. The Manila Stock Exchange Composite Index rose 37.88 points or 2.8 per cent to close at 1,379.89. The index at the Makati Bourse rose 28.27 points at 1,400.18. "We expect
        547 words
      • Article
        New Zealand
        264 17 15.4 Share market cantred to a stronger close as positive sentiment seeped through from strong overseas markets on Friday into most leading stocks. Fletcher Challenge, up five cents to NZ52.45, and Telecom, up four cents to $2.57, led the way, helping the NZSE Capital Index close 15.4 points
        264 words
      • Article
        Taipei
        550 17 +3.34 Share prices ended mixed on profit-taking after big gains last week, but brokers said optimistic sentiment supported stocks well. The Weighted Index closed 3.34 points up at 3,648.75. Turnover was a fairly active T521.8 billion. The construction. finance and food sectors eased. Others firmed. Profit-taking emerged in early
        550 words
      • Article
        Seoul
        403 17 +0.76 Late institutional buying in heavily capitalised Kepco pushed the weak stock market up a fraction after it fluctuated in a narrow range but sentiment remains largely lacklustre, brokers said. They expected a mild technical rebound today but said trading would show a similar pattern. "The index managed to
        403 words
      • Article
        Bombay
        71 17 +63.41 Stock prices gained at the start of a fresh pre-budget rally and traders said they expected the Bombay index to rise further by 30 or 40 points. Rising optimism that the national budget to be announced Feb 27 will be market-friendly was tempered with anxiety over the political
        71 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        706 17 Britannia Funds Sterttaj Cash Bid Offer Mim Cap Deposit *18 VJOO *M MOO Mim Jeney Gilt .0.1869 0 1969 Mim Mm Income ****** *10)00 (JSS Cask Income Plus Fund 4.7)00 10 2800 PS S Reserve Fund 5.H00 5 2000 Sicilian Mairy Euro Performance ***** 0.49)) Far Em Fund *2 6640
        706 words
      • Article
        London
        627 17 +7.1 Stocks ended higher yesterday as the pound dropped and bellwether Imperial Chemical Industries rallied 4 per cent. The FT-SE 100 index of blue chip British stocks closed at 2,870, up 7.1 or 0.25 per cent after hitting a high of 2,881.1. The FT-SE Mid 250 index of secondary
        627 words
      • Article
        Paris
        140 17 +53.80 After rising 2.9 per cent to their highest close since June 30 on Friday, French shares were seen as due for a correction, but some traders said Wall Street's own record close on Friday may support the Paris market. "Some profit-taking is more than overdue," said one trader.
        140 words
      • Article
        Stockholm
        132 17 1.92pc Falling Swedish yields in the aftermath of German and domestic rate cuts accelerated the Stockholm bourse upwards. The Central Bank confirmed that it was cutting its marginal lending rate 0.75 points to 9.75 per cent, spreading optimism among dealers. "People are prepared to come into the market, even
        132 words
      • Article
        Frankfurt
        196 17 +5.79 The stock exchange closed stronger yesterday, with the DAX index moving up 5.79 points to 1,647.16 points. The Commerzbank index advanced two points to 1,820.60. With the surge in values at the end of last week, following a cut in German interest rates and a government-labour accord to
        196 words
      • Article
        Brussels
        174 17 •6.44 Shares closed lower in busy trading as small early gains were erased by profit-taking after recent sharp gains. "Investors are not used to seeing prices rise strongly for several weeks in a row. They get nervous and sell," one trader said. He added he did not think the
        174 words
      • Article
        Milan
        158 17 +6 Stocks ended mixed yesterday as investors locked in gains from early rises ahead of the end of the monthly account, traders said. "It started off real strongly, but then we started seeing some profit taking," said Carlo Antolioni, a trader at San Paolo Bank in London. The Milan
        158 words
      • Article
        Amsterdam
        230 17 +0.52 Shares closed mixed in fairly active business with gains for blue chips and financial offset by continuing weakness among cyclicals. Despite fallout from DAFs demise among other cyclicals, underlying sentiment remains positive due to the higher dollar, last week's German rate cut and Wall Street's recent advance. The
        230 words
      • Article
        Zurich
        266 17 +3.6 Shares ended a quiet day slightly firmer and near day's highs. A firm bond market lent support in a market with an overall lack of news that could have boosted prices, dealers said. However, selected industrial stocks attracted investors. Bearers in cement producer Holderbank, the most active stock,
        266 words
      • Article
        Johannesburg
        306 17 -15 Share prices ended around their lows yesterday as a listless market found itself dragged down by a weak gold price and a firmer financial rand, dealers said.. The Overall Index lost 21 points to 3,452 and the Industrial Index lost 15 points to 4,582. The Gold Index ended
        306 words
      • Article
        Toronto
        236 17 +13.5 Stocks opened the week with a continued solid tone as general economic optimism buoyed cyclical stocks. "It's just a continuation of Friday's action, with economically sensitive stocks like Stelco doing well," Maison Placements Canada president John Ing said. The TSE 300 rose 13.5 points to 3,391.4 on volume
        236 words
      • Article
        New York
        785 17 -2.19 Stock prices on Wall Street are taking a pause yesterday after setting record highs in the last two sessions and in the absence of new economic figures to spur investors. At 1600 GMT, the Dow Jones index of 30 leading industrials stood at 3,439.95 points, down 2.19.
        785 words
    • Article, Illustration
      Lock icon HONGKONG
      2134 18 Reuter SHARE PRICES rebounded from early losses to close higher after bargain hunters moved in yesterday, brokers said. The blue-chip Hang Seng Index ended 39.44 points, or 0.69 per cent, higher at 5,786.65, after hitting a low of 5,706.61 in morning trade. The broader-based All Ordinaries Index was up
      Reuter; Source: Bridge Info  -  2,134 words
    • Article, Illustration
      CHINA
      434 18 THE Shenzhen B market continued its steep ascend yesterday, driven by a wave of frantic buying on the foreign shares. The CLSA Shenzhen B Index soared 13.28 per cent to 1768.68 amid a high turnover of 14.23 million renminbi. Konka and Petrochemical were the two most outstanding counters, closing
      434 words
    • Article, Illustration
      Lock icon TOKYO
      2411 18 Reuter STOCKS ended mixed in thin, listless trade yesterday, with the 225-share Nikkei Average down on arbitrage selling. But underlying sentiment was turning positive in the wake of last week's discount rate cut, and broken said the Nikkei was unlikely to fall below 17,000 in the near term. "It
      Reuter; Source: Bridge Info  -  2,411 words
    • Article, Illustration
      Lock icon BANGKOK
      1580 18 Reuter STOCKS closed ofT the day's high on profit-taking in the afternoon, but gains in some large capitalisation issues edged the index to a slight gain over Friday's close while most shares finished losing, brokers said. The SET index ended 0.88 points higher at 980.93 on turnover of 8.07
      Reuter; Source: Bridge Info  -  1,580 words
    • Article, Illustration
      Lock icon JAKARTA
      879 18 Reuter STRONG buying interest pushed Jakarta stocks up across the board at the close yesterday, brokers said. "There was strong buying interest both by foreigners and locals. one broker said. Paper producer Tjiwi Kimia w as the most actively traded with 1.66 million shares. It '75 rupiah higher at
      Reuter; Source: Bridge Info  -  879 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2495 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Idris Hyd 50c 5.742.000 Maki-PurpoK 4.791.000 Kamunting 50c 1.861.000 Tan Cheng 50c 1.078.000 Promct 1.019 000 Amal Sled 50c 960.000 Kcnong Bhd 50c 785.000 Mulpha Intl 50c 765.000 Pub Bk Foreign 666.000 GIL US$0 10 644.000 Cons Plant 50c
      Source: Bridge Info  -  2,495 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks close mixed on liquidation
        4788 19 Bernama LIQUIDATION of situational stocks cut short initial gains to bring share prices to a mixed close yesterday in heavy trading. Dealers said investors' sentiment was one of caution and the falls were mainly among the index-linked counters. The KLSE Composite Index closed 3.23 points
        Bernama; Source: Bridge Info  -  4,788 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Buyers shift interest to M'sian Clob counters
        1020 20  -  By R Sivanithy SINGAPORE Malaysian counters on Clob International took centre stage yesterday, as buyers shifted their interest away from Singapore stocks in moderate trading. But analysts feel that the shift is only temporary as they expect renewed interest in local shares when
        Source: Bridge Info  -  1,020 words
      • Article
        Untitled
        3245 20 r MAW BOARD c is as "is INDUSTRIAL AND COMMERCIAL 82 210 *k IS 2U l<"<" 'J" 202.5* 153 J Arocol 25c 178 -I 195 179 176 177 178 7 5 M7 U 12 4 4702 im 9?g Si'ESS: 2 !^o, d uneh 184,90 189 189 ,!2i iir H H
        3,245 words
      • Article, Illustration
        Lock icon Jurong Cement
        72 20  -  I HOT STOCK Paul Leo LOOK to take profit on Jurong Cement Ltd as the stock approaches resistance at $2.85. It closed yesterday at the day's high of $2.73 and should rise for another day or so before a correction sets in. The daily RSL above 75, indicates
        SOURCE: BRIDGE INFO  -  72 words
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      120 words
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      388 words
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      153 14 BUSH OPPORTUNITIES (I) Joint-Venture Opportunity In One Of China's Biggest Paper Factories. Capital required: US$lO million Capital gains potential recovery of capital in 4 years. (II) Shanghai's Pudong New Economic Industrial TVade Zone (PRC) Vacant industrial land available for use. Area: 15,528.6 sq. mtr. (50 years and renewable) Price: S$
      153 words
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      202 15 a STEP TOWARDS A DECREE ■■mmm Ela trobe university COLLEGE OF NORTHERN VICTORIA Advanced Dbloma in Business Studies 2nd Intake By Distance Learning May 1993 Entry Requirements Structure Contents Degree Recognition Funded by the Australian 8 modules will be taught in pairs Holders of AdvDipßS are eligible Government, La Trobe
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      18 16 A —f 11 {aJestf^ndon/Rotterdam prices are not available, the previous trading day s closing figures are carried instead
      18 words
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      67 18 Singapore: THE HOUR GLASS Lucky Plaza Tel. *****20/1 Scotts Tel. *****27/7198 A /.J/ Mm Centrepoint Tel. *****96/603 •Peninsula Plaza Tel. *****09/*****63 A lift JT Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 Jlk lßi wi ri« THE HOUR GLASS (Licensee) Plaza Indonesia, Jakarta Tel. 21-*****6/*****1 Malaysia: THE HOUR GLASS Lot 10
      67 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      64 20 Singapore:THE HOUR GLASS Lucky Plaza Tel. *****20/1 Scot is Tel. *****27/7198 /-J/ Mm Centrepoint Tel. *****98/603 Peninsula Plaza Tel. *****09/*****63 jC? A ttfl Jl Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 ladoaesta: THE HOUR GLASS (Licensee) Plaza Indonesia. Jakarta Tel. 21-*****6/*****1 Malaysia: THE HOUR GLASS Lot 10 Centre, Kuala Lumpur
      64 words
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  • SPORTS
    • Article, Illustration
      A taste of life on the professional golf tour
      669 21  -  Shahiron Sahari reviews the Johnnie Walker Classic held last weekend Golf Shahiron Sahari SINGAPORE In his 1967 book. Arnie the Evolution of a Legend. Mark McCormack described the world in which Arnold Palmer, one of the greatest golfers in history, made
      669 words
    • Article, Illustration
      Out you go
      43 21 HONGKONG Hawaiian-born sumo wrestler Mushashimaru (right) pushing lokitsunada out of the ring to advance to the quarter-final round af a sumo tournament in Hongkong last Sunday. The two-day tournament was the first in Asia outside Japan for over 20 years.
      43 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        260 21 Reuter NEW YORK NBA results Sunday: Chicago Bulls 101 Portland Trail Blazers 91; Phoenix Suns 121 Orlando Magic 105; Boston Celtics 87 Golden State Warriors 82; New Jersey Nets 105 Milwaukee Bucks 102; Seattle SupcrSonics 103 Detroit Pistons 101; New York Knicks 104 Miami Heat 82. NBA standings (won,
        Reuter  -  260 words
      • Article, Illustration
        Lock icon Golf
        262 21 Reuter AFP AP I.ONDON Nick Faldo's win in the Singapore Classic at the weekend stretches his lead to eight points at the top of the world golf rankings issued yesterday. lop 10 (US unless stated): I. Nick Faldo (GB) 24.22 points average 2. Fred Couples 16.33 3. Lan Woosnam
        Reuter; AFP; AP  -  262 words
      • Article, Illustration
        Soccer
        203 21 ROME Italian first division Sunday: Atalanta 2 Juvcntus 1; Cagliari 0 Inter Milan 0; Fiorcntina 0 Lazio 2; AC Milan 4 Pescara 0; Napoli 2 Foggia 0; AS Roma 3 Genoa 0; Sampdoria 3 Ancona I; Torino 1 Brescia 0; Udinese I Parma 0. Leading standings (played, won, drawn,
        203 words
      • Article, Illustration
        Lock icon Tennis
        44 21 AP SAN FRANCISCO Results Sunday from the Volvo-San Francisco tournament (seeding* in parentheses): Men's Singles Final: Andre Agassi (US. I) b Brad Gilbert (US. 2) 6-2, 6-7 (4-7). 6-2. Doubles Final: Scott Davis/Jacco Fltingh (US/Neth) b Patrick McEnroe/Jonathan Stark (US) 6-1. 4-6. 7-5.
        AP  -  44 words
    • SIDE LINES
      • Article
        Lock icon Japan qualifier for British Open
        104 21 AFP LONDON A qualifying tournament for the British Open golf championship will be held in Japan this year for the first time. It is being introduced on a trial basis in recognition of the problems for players who, because of commitments on the Asian and
        AFP  -  104 words
      • Article
        Lock icon Ogle bags Pebble Beach Pro-Am title
        85 21 AFP PEBBLE BEACH. California Australian Brett Ogle recovered from an unplanned trip to the California beach here last Sunday to post his first victory on the US golf tour at the Pebble Beach Pro-Am. The 28-year-old. who gave up his playing rights on the
        AFP  -  85 words
      • Article
        Lock icon Green beats Carner in sudden-death
        76 21 AFP LAKE WORTH, Florida Tammie Green kept her nerve to win a sudden-death play-off here last Sunday over Hall of Fame player JoAnne Carner in the Palm Beach Classic women's golf tournament. "Walking down the fairway on the playoff hole was a dream come true,"
        AFP  -  76 words
      • Article
        Lock icon Colbert wins Royal Caribbean Classic
        97 21 AP KEY BISCAYNE, Florida Jim Colbert needed every bit of his five-shot lead to overcome three bogeys for a one-under-par 70 last Sunday and edge playing partners Ray Floyd and Al Geiberger by one stroke to win the Royal Caribbean Classic. Floyd began a run
        AP  -  97 words
      • Article
        Lock icon American Conference wins Pro Bowl
        84 21 Reuter HONOLULU. Hawaii Nick Lowcry of the Kansas City Chiefs kicked a 33-yard field goal just over four minutes into overtime to lilt the American Football Conference to a 23-20 victory over the National Football Conference in the Pro Bowl last Sunday, lo set up
        Reuter  -  84 words
      • Article
        Lock icon NHL looking into Dream Team plan
        75 21 Reuter MON I REAL (iary Bcttman. the new commissioner of the National Hockey League, has laid out a framework which could enable the NHL to send "Dream I cams" to the Winter Olympics in Lillehammer Norway in February 1994. "No vote was taken because
        Reuter  -  75 words
    • Article, Illustration
      Lock icon America loses a hero
      856 21  -  George Vecsey on the dignified Arthur Ashe who died of Aids last Saturday George Vecsey NYT NEW YORK We have nine years and 363 days to come up with a stamp. Shall it be the dignified and lean young Arthur Ashe, or shall it be the
      NYT  -  856 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      1291 21 THE BANK OF EAST ASIA, LIMITED ANNOUNCEMENT OF 1992 FINAL RESULTS SUMMARY OF RESULTS The Directors of The Bank of East Asia. Limited announce that the audited results of the Bank for the year ended 31st December, 1992 were as follows 1332 1391 Increase HK$ HK$ Consolidated profit after providing
      1,291 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      1210 22 Nothing Beats A Bud. fftHffifll where to wine, dine and entertain KINO OF wKEJJ GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES, OR LIGHT SNACKS WITH
      1,210 words
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  • LIFESTYLE
    • Article, Illustration
      Swing station
      505 23  -  Manhattan Transfer s cool jazz re-defined Singapore Swing on Sunday night, says Nirmal Ghosh Nirmal Ghosh IT'S GOOD to know that Singapore can fill the Harbour Pavilipn for a group like Manhattan Transfer. Despite the airwaves' unrelenting balladic syrupincss and occasional numbing pound of rap, Singapore does know
      505 words
    • Article, Illustration
      Prince Charles slips on list of most popular UK royals
      577 23 CHATTERBOX THE popularity of Britain's heir to the throne. Prince Charles, has fallen sharply in the last 18 months, according to an opinion poll published on Monday. A Gallup poll commissioned by the Daily Telegraph showed only 4 per cent
      577 words
    • Article, Illustration
      Lock icon Double exposure
      71 23 Reuter w? '"J?" unprecedented move, Vanity Fair will publish two separate covers for its March issue: Bill Clinton in his first formal press portrait as US president, taken bv photographer Annie Leibovitz, and actress Andie MacDowell, photographed by Michel Comte. 1 he magazine on Sunday called it an
      Reuter  -  71 words
    • Article
      A feast of Indian culture
      523 23  -  Salil Tripathi reports from India on what is in store for culture buffs in Singapore Salil Tripathi THE Chinese do it with ping pong. Indians do it with eulture. It has been a conscious policy of India since the early 1980s to promote the country
      523 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1151 23 TV RADIO ,4tkw rd ■PQHHKI Julie St Pierre plays a landlady WjF ~1H! who discovers she's pregnant Ws only after having thrown out r errant boyfriend. In he- vfl tm tween getting herself together fiJB jgC. te Wl^ and fajling lor one of hereto jjjf. probes the beliefs three abfought
      1,151 words
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  • PROPERTY & CONSTRUCTION
    • Article
      Tracking property price movements
      585 24  -  Sylvia Wong examines a unique index compiled by the Urban Redevelopment Authority that does just that Sylvia Wong IT IS a mammoth task. But every month, the Urban Redevelopment Authority collects and analyses data on residential, commercial and industrial properties, and charts an index to show
      585 words
    • Article, Illustration
      Lock icon A neo-classical home for TAS
      211 24 SINGAPORE The Telecommunication Authority of Singapore (TAS) will have a new home soon. The authority is preparing to renovate the 66-year-old Telecommunications Building opposite Lau Pa Sat to serve as its new headquarters. The TAS now leases office space at Comcentre, in Exeter Road. Renovation
      Photo by Arthur Lee  -  211 words
    • Article
      You want to sell your property but don't know when to do it
      442 24  -  Kooi Cho Teng finds out the optimum holding period Kooi Cho Teng INVESTORS who are lucky enough to buy a property that yields a high return should hang on to it. But for how long? And if
      442 words
    • Article, Illustration
      A house with your choice of fruit trees
      873 25  -  Land General's idea of orchard homes comes to fruition. Sylvia Wong reports Sylvia Wong FIRST came the condominiums. Then condominiums on golf courses. Now it's time for "orchard homes". Land General Bhd, the former timber group turned property developer, wants to build
      873 words
    • Article, Illustration
      Tee off where Henry VIII's second wife lived
      251 25 SINGAPORE Going to Britain on business need not mean missing out on golf. For a relatively modest outlay, you can play in the grounds of a castle that was once occupied by Anne Boleyn, second wife of King Henry VIII. And you
      251 words
    • REGIONAL SKYLINE
      • Article
        Lock icon HK expects HK$14b in land income
        78 25 South China Morning Post HONGKONG The Hongkong government expects land revenue in financial year 1992-93 to far exceed its original estimate of HKSI4.I billion (about Ss3 billion). More than HKS6.2 billion has been collected in the first six months of the year, with HKS3.6
        South China Morning Post  -  78 words
      • Article
        Lock icon Beachfront houses for sale in China
        76 25 South China Morning Post HONGKONG Thirty-three European-style beachfront houses are going on sale in the Shantou Special Economic Zone in China's Guangdong province. The houses, priced at between HKS2I2 and HKS27B per square foot, will be completed in May. They form the fifth and
        South China Morning Post  -  76 words
      • Article
        Lock icon Thais invest in Cambodian hotel
        50 25 Bangkok Post BANGKOK A group of Thai businessmen are investing in a 350-room luxury hotel on the banks of the Mae Khong River in Phnom Penh. Cambodia. Development will be in phases, starting with the renovation and refurbishment of an existing one-storey hotel. Bangkok Post
        Bangkok Post  -  50 words
      • Article
        Lock icon Thai hoteliers tackle pollution
        54 25 Bangkok Post BAN CHANG Fifteen hotels from Thailand's Ban Chang, Rayong and Ban Phe regions have formed a committee to tackle pollution in the Rayong region. The committee aims to start environmentally-friendly projects in member hotels. Hotels in the Chanthaburi and Trat regions may also join
        Bangkok Post  -  54 words
    • Article, Illustration
      SQUARING UP
      5 25  -  ■sr Collin Tan
      5 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      145 24 f2$&M -f 47 if *fl* J# j/r »B| HIT SSSnii»i/ Exhibits Over 150 companies from Asia, Europe and the United States will be at SEMICON/Singapore to display the latest in semiconductor technology and services: February 9-11,10.00-18.00 D Technical Conferences If you are an engineer or technician in manufacturing, testing or
      145 words
    • Advertisement
      Page 24 Advertisements Column 2
      935 24 THE BANK OF EAST ASIA, LIMITED NOTICE SEVENTY-FOURTH ANNUAL GENERAL MEETING TtCE IS HEREBY GIVEN that the Seventy-fourth Annual General Meeting of the members of the Bank will be held in the Connaught Rooms, Mandarin Onental. 5 Connaught Road, Central. Hong Kong on Monday, 22nd March. 1993 at 11.00 am
      935 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      375 25 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I, Ow Tong of Block 304, Ang Mo Kio Avenue 1, #04-1133, Singapore 2056, have applied for a Public House, (First Class Extended) Licence in respect of premises at M/s Splasher Karaoke KTV Lounge at 6001 Beach Road, Golden Mile Tower #01-12 A
      375 words
    • Advertisement
      Page 25 Advertisements Column 2
      363 25 UQUOR LICENCE NOTICE NOTICE IS HEREBY OVEN that, I, Tu Kay Toll of 355 Ptsir Panjang Road, Singapore 0511, have applied for a Public House, Second Class licence in respect of premises at M/s Huat Kee (Teochew) Restaurant Pie Ltd at 76A, Amoy Street, Singapore 0104, and that this application
      363 words
    • Advertisement
      Page 25 Advertisements Column 3
      237 25 IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF MUSSON PROPERTIES PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act Cap SO that a final Meeting of the members of the above-named
      237 words
    • Advertisement
      Page 25 Advertisements Column 4
      166 25 Material handling problems? Solve them at only $105 per week. This Crown "M" Series storage facilities even in the Walkie Stacker easily i£g* r F il< 1 U smallest warehouses. handles loads up to |gF_|||||j IN At only $105. heights from 1.5 m. Port the coupon for to 4.2 m.
      166 words
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  • Article
    Trading compromise
    501 26 EDITORIAL THE statistics could not have come at a more inappropriate time. At a time when the world trading system faces unprecedented pressures, Japan's ministry of finance reported on Friday that in 1992 the country's trade surplus expanded by a stunning 28.7 per cent to U*****.63 billion and
    501 words
  • WHAT THE OTHERS SAY
    • Article
      Iran stays on radical path
      239 26 IRAN seems determined to pursue its goal of becoming the leader of an Islamic world dominated by like-minded regimes. Teheran is widely believed to be aiding numerous extremist groups in various Muslim countries, including Egypt and Jordan. Persistent antiWest barracking has reinforced fears of Iran's
      239 words
    • Article
      Civil servants and royalty
      169 26 OF THE numerous guidelines formulated and handed down by the government to its employees, this week's set of do's and don'ts regarding the rulers was greeted with a sigh of general relief from civil servants. Detractors may think that the circular is intended to isolate the
      169 words
    • Article
      Life without crime
      124 26 IN SOME countries, the people are extremely reluctant to cooperate with the police in solving crimes. Some do not even trust the police and all these lead to more crimes. Singapore is rather fortunate. The latest figures released by the Home Affairs Minister, Professor S Jayakumar, show
      124 words
    • Article
      NPP and the people
      327 26 THA T the number of crimes last year were fewer than that of the year before, particularly in the housing estates, is a comforting observation. What is more comforting is that almost a third of all arrests were made with the help of the public. This
      327 words
    • Article
      Helping in the transition
      169 26 BOTH the Hongkong administration and the British government are deeply concerned over anything that might erode their ability to run Hongkong in the remaining four years before sovereignty is handed back to China. Beijing has adopted what it terms "a second stove" as a means of
      169 words
  • Article, Illustration
    Lock icon Stopping the rot
    821 26  -  There is growing unease in Europe over the number of unemployed. But as Alan Wheatley discovers, solutions to the problem are somewhat elusive Alan Wheatley Reuter THE DAY after French state-owned oil group Elf said it would take on several hundred youngsters as pump attendants and give
    Reuter  -  821 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      301 26 her World presents I|l I SINGAPORE'S SECRITARY OF THE YE A R An Award for Outstanding Achievement Over the past seven years this prestigious award has earned a reputation as the supreme accolade for the executive secretary who outshines all others. Recognising the vital role the secretary plays within any
      301 words
  • Page 26 Miscellaneous
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  • ANALYSIS
    • Article
      Lock icon Foundering or simply adjusting course?
      1124 27  -  Experts are divided over whether Japan's recession-wracked economy is getting worse or just part of a bigger plan to get back into top gear. James Sterngoid reports James Sterngold NYT IS THE once formidable Japanese economy faltering, heading down a path of disarray and weakness?
      NYT  -  1,124 words
    • Article, Illustration
      Lock icon On the road to industrialisation
      1810 27  -  Australia is slowly moving from being an exporter of commodities and farm produce to becoming an industrialised country. BT's Sydney Correspondent Florence Chong reports Florence Chong THE Australian economy is gradually moving away from the proverbial sheep's back as enterprising Australian companies increase their exports
      Source: ABS & Austrade (Goverment & Economic Affairs Branch)  -  1,810 words
    • Article, Illustration
      Lock icon Two cases of double standards?
      829 27  -  In the light of Kimba Wood's withdrawal as a possible candidate for the post of US attorney-general, Barbara Novovitch asks if women are being held to a different standard Barbara Novovitch Reuter ARE women candidates for high office in the Clinton administration being held to
      Reuter  -  829 words
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  • Article
    Lock icon Mitterrand urges EC, US to avoid trade war by sealing Gatt pact
    466 28 But Europe is prepared to fight if necessary, he warns Reuter, AP PARIS President Francois Mitterrand has urged the European Community and United States to avoid a trade war by reaching a Gatt accord but said he hoped
    Reuter,; AP  -  466 words
  • Article
    Lock icon Japan, China to hold trade talks amid tension over duties
    295 28 AFP TOKYO Japanese and Chinese officials arc to hold two days of trade talks this week amid simmering tension over Japan's rcccnt decision to slap anti-dumping duties on imports of ferro-silicon manganese from China. The foreign ministry said in a
    AFP  -  295 words
  • Article
    Lock icon UK launches tough review of public spending
    350 28 Reuter. LONDON The British government yesterday launched its deepest-ever review of public spending, questioning whether the state should be involved in huge areas of life. "This government is committed to a rigorous approach to public spending," Treasury Chief Secretary Michael Portillo told Parliament.
    Reuter.  -  350 words
  • Article, Illustration
    Spanish President in India
    46 28 EJSIi Pv 1 1 1 ZJfi ipe I he PnfsWent of Spain (left), being greeted by Indian Pnme Minister P V Narasimha Rao during a ceremonial reception at the Presidential Palace yesterday. Mr Gonzalez is in India on a four-day official visit.
    46 words
  • Article
    Lock icon Battle lines drawn as India's ruling party meets
    217 28 AFP NEW DELHI Dissidents seeking the ouster of Prime Minister P V Narasimha Rao as party chief appeared to be heading for a showdown with loyalists as India's ruling Congress (I) prepared for a crucial meeting yesterday. The meeting of the Congress
    AFP  -  217 words
  • Article
    Lock icon Industry leaders to set standards for personal communicators
    241 28 AP MOUNTAIN VIEW, California The world's leading electronics and communications companies have forged an unprecedented alliance to develop standards and common technology for so-called "personal communicators". Apple Computer Inc. Sony Corp. Motorola Inc. Matsushita Electric Industrial Co Ltd, Philips Consumer Electronics Co,
    AP  -  241 words
  • Article, Illustration
    China must distinguish sycophants from true advisers
    874 28  -  The Bottom Line STEPHEN VINES STEPHEN VINES The writer is a Hongkong-based journalist who contributed this commentary to BT. THERE is always uncertainty when a new boss or manager takes over a company. Who knows how they will feel about the existing staff
    874 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      32 28 1 f Singapore's most popular Nitsukoim System I SINGAFOW rK NW(iASS• luiky FWi W 7Mi4JTVI «S(«K (H »iixcititim-, MAIAniA I. -I ../MB, The Hour Glass B D..ki;ok A rl k.. t: n «>
      32 words
    • Advertisement
      Page 28 Advertisements Column 2
      192 28 SINGAPORE COIAM f™ Distributor of the most sought after Key Telephone System Tel: 278 7088 J i Seminar on The 1993 Budget and Current I Developments in Taxation I The 1993 Budget is scheduled to be presented to Parliament on Friday, 26 February 1993. The aim of the seminar is
      192 words
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  • Shipping Times
    • Article, Illustration
      Sembawang's safety measures to be examined
      380 29  -  Inquiry into Indiana fire By Ramesh Divyanathan SINGAPORE A state counsel asked yesterday how two tanker fires could have flared up at Scmbawang Shipyard within four-and-a-half months last year. "How was it possible that after a fire on the Stolt Spur, another fire could
      380 words
    • Article
      Lock icon BP, Shell consider deep cuts in UK coastal fleets
      524 29 Lloyd's List LONDON Leading operators BP and Shell are considering severe cuts in their UK coastal tanker operations as foreign-flag competition bites deep into the British-flag share. As part of its strategic review, Shell UK Oil could sell three of its
      Lloyd's List  -  524 words
    • Article
      Lock icon APL reports surplus
      161 29 Fairplay NEW YORK American President Lines (APL) carried more boxes into the US in 1992 than a year earlier, but fewer boxes outbound. It carried more on its intraAsian trades, but was largely deprived of any residual earnings from the Desert Storm goldmine. Domestic stacktrain volumes dipped,
      Fairplay  -  161 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      866 29 Page Col ABC Containerline 12 I Accord Group 8 1-3 •AFL 5 3-5 Alpha Feeders 6 1 •ANL 3 1/2 •ASCI 5 5 Avant Shpg 6 4/5 Avia Airways 14 4 Bait Orient Line 7 4/5 Bangladesh Shpg 18 5 Bank Line. The
      866 words
    • Article
      Lock icon Japan to seek ways to prevent tanker accidents
      194 29 Reuter TOKYO Japan plans to set up a council this month to develop ways to prevent oil tanker accidents, the Ministry of International Trade and Industry (Miti) said yesterday following a spate of accidents in the congested Malacca Straits. The council likely
      Reuter  -  194 words
    • Article
      PAT delays implementing revised box storage fees
      454 29 BANGKOK The Port Authority of Thailand (PAT) has decided to postpone the implementation of the new container storage lee until negotiations between the Asia North America East-bound Rate Agreement (Anera) and Thai exporters have concluded. The PAT board recently decided to postpone the
      454 words
    • Article
      Cargo volume up at Thai ports
      226 29 THE Bangkok and Laem Chabang Commercial ports continued to experience growth in volume of cargo passing through them in the first quarter of fiscal 1993, The Nation reported last week. According to the latest statistics from the Port Authority of Thailand, Bangkok Port handled
      226 words
    • Article, Illustration
      Lock icon US cruise industry: smooth sailing ahead
      1060 30 The outlook for the US cruise industry is one of consolidation snd steady expansion 3s it matures and leaves behind the heady boom and spectacular growth rates of the eighties Lloyd's List International THE United Statesbased cruise industry has long since established a pattern
      Lloyd's List International  -  1,060 words
    • Article
      TRANSPORT DIARY
      1391 30 COURSES 1993 From Feb 18 (8 evenings): Import/Export and Shipping Procedures organised by ELIM Management Services (SDF 50%). For course details and application forms, please call *****70. February 5 (10 eveinings): Cargo handling and shipping course organised by Computor Lord Industrial Training School Centre (SDF 50%). For application
      1,391 words
    • Article
      THE SHIPPING GUIDE
      12333 38 This is a list ot ships loading at Singapore lor ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates ol arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      12,333 words
    • Article
      SHIPPING AGENTS
      3346 43 A tunlainerline NV: Bclsin Shpg <SVMar,nc HamJ n Accord Croup; Accord Shpg Pte Ltd (NVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: C als<XJr c<-' Shpg Trdg Pie Lid (S) Li Service: Kim Shpg Trdg Alhntros Sea-Air Service: Frata Shpg Ptc Lid (S). n Alfred C loepfer Line:
      3,346 words
    • Article
      COURIER SERVICES
      262 43 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716 *****80 Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Services Tel:
      262 words
    • Article
      AIR FORWARDERS
      1468 43 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Siagapore Tel: 542-7812' Fax: *****20. Aeroiiak Freight laternational Tel: 545-8033. Fax: *****05 Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06 Air Express latereatiooaJ Tel: 542-7666. Fax: *****74. *****50. Air
      1,468 words
    • Article
      PORT CONDITIONS
      1955 44 ALBANIA Durres: Six vessels in port of which 2 discharging flour, 2 discharging wheat, 1 discharging potatoes, 1 discharging general cargo. ANGOLA Soyo: Rwanda base and Quinfuquena terminal remain occupied by Unita forces. Loading continues as scheduled at Elf terminal Palanca, and loading scheduledto resume at Quinfuquena directly
      1,955 words
    • Article
      SHIP SALES & TANKER RATES
      793 44 SHIP SALES TANKER RATES Interest for tanker tonnage remains high with numerous inspections being undertaken but it remain sto be seen if the news that the US coastguard will more than double the previous estimate (now expected to be US$2.7 billion) of what shipowners will have to pay to comply
      793 words
    • Article
      AIR FREIGHT SCHEDULE
      533 44 ARRIVALS DEPARTURES Op Flight l>pe ETA T From Op Flight l>pe ETD T To TODAY today NCA KZ203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL. KE697 B747F 0150 1 SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL617 B747F 0345 I no KAL
      533 words
    • Article
      CRUISE & FERRY SCHEDULES
      537 44 CRUISE FERRY SCHEDULES CRUISE SHIPS AfT Pep Name of Vessd ETA L IP Pom of Calls Port Aynt Trier 1 FEBRUARY 09 09 Fantasy World 1000 1900 A scan Cruise Laun Sons 227-8284 10 10 Delfin Star 1200 1800 Sin-Port Klang Ocean Trade Chartering 299-0366 11 12 Royal Viking Queen
      537 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        439 45 V«mI Voy Hi Berth fcrwal Oepatae iurong Port 0*i Daya 03/93 J1 alongside 0912/2300 Dwi Sempurna 03/93 J1 alongside 09 12/2300 Far east P*>t 7 J7 alongside 09 12/2300 Hafcuslwna Maru 6 J5 alongside 0912/0600 Sederhara 02/02/93 J1 alongside 09 12/0500 Trans Friendsfop J8/9 alongside 09 12/0700
        439 words
      • Article
        MALAYSIAN PORTS
        124 45 Johorc Pwt Berth 1: Nil; 2: Myomaywa; 3: Agamemnon; 4: Hai Mao; 5: Boris Gorbatov; 6: Singapore Bridge. 01 jetty; Nil. DCJ: Soon Hin. ft* on Feb 8: Southern Queen, Global Jupiter. Istana VI, Silver Pride, Bestari, Sobre World, Thai Yang, Arktis Grace, Aries, Dragon Sumatera. ft* on
        124 words
      • Article
        CONTAINER SCHEDULES
        1615 45 DELIVERY OF Fa IMPORT CONTAINERS IN PROGRESS WP toy N» Contown mUk SNp toy tk rnUbk Leerort 9306 COO(EST) 08.02.93 0700 P <*V 1066 07.02.93 0225 B Dahlia 9305 COO(EST) 08.0293 1300 Mi Bhum 16S 07.02.93 0700 Marma Mas 9345SB COO(EST) 08.0293 1300 Ingenuity 523 07.02.93 0810 D
        1,615 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon GM may not file dumping complaints against Japan
        383 48 NYT DETROIT The General Motors Corp may not join its two big American rivals in filing broad "dumping" complaints against Japanese car makers, GM's chief executive says. John F Smith, Junior the president and chief executive of GM, said that he was
        NYT  -  383 words
      • Article
        Lock icon American Airlines to give up unprofitable routes
        282 48 Knight-Ridder FORT WORTH, Texas American Airlines Inc will withdraw from unprofitable markets over time, but it intends to strengthen its hubs at Dallas-Fort Worth International Airport and three other airports where it is a dominant carrier, American Airlines chairman Robert Crandall said late
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        Lock icon Guangzhou Railway scores a first
        132 48 AFP HONGKONG Guangzhou Railway, in a move away from central government control, yesterday became China's first holding company in the transportation sector. The Guangzhou Railway Holding Co will no longer be under the direct control of the railway ministry in Beijing, the China-funded Ta Kung
        AFP  -  132 words
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        Lock icon Airlines cancel flights to Croatia
        69 48 Reuter PLFSO, Croatia German pilots checking the damage to the propeller, engine and body of a German plane last Sunday at Pleso airport, after it was hit by anti aircraft fire over northern C roatia. Foreign airlines halted international (lights on Sunday, a day after
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        Lock icon Foreigners likely to buy profitable NZ Rail
        550 48 Reuter WELLINGTON Foreign firms arc already lining up for a chance to buy New Zealand's railway one of the few systems in the world both profitable and publicly-owned. The sale planned for later this year is the first full railway privatisation in the
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          Lock icon BA to increase flights to Jakarta
          103 48 AFP J AKA r TA British Airways (BA) is to increase the number of weekly nights on its service between London and Jakarta via Kuala Lumpur next month from two to three in anticipation of growing demand, the Bisnis Indonesia daily said here yesterday.
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          Lock icon Isuzu to form China joint venture
          100 48 Reuter TO ,suzu Motors Ltd ITOCHU Corp and a Chinese car maker will form a joint venture to produce trucks in China an Isuzu spokesman said yesterday. The new firm, Jiangling-Isuzu n '"Nanchang m south China, will be capitalised at USS2O million (5532.8 million)
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          Lock icon Nissan to send 900 to sales units
          70 48 Reuter TOKYO Nissan Motor Co Ltd plans to second about 900 white collar employees to sales subsidiaries as from this spring, a company spokeswoman said yesterday. Nissan has already sent 1.700 employees to sales dealers. She said the total number of white collar
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          Lock icon PACCAR to bid for Leyland: report
          64 48 Reuter LONDON PACCAR Inc is planning to bid for collapsed Anglo-Dutch truck maker DAF NV, but has not yet decided whether it wants the whole business or just the UK-based Leyland operation. The Sunday Times newspaper said last Sunday industry sources believed the latter
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          Lock icon Higher Jan sales for Jaguar
          115 48 Reuter MAHWAH, New Jersey Jaguar Cars Ltd. a unit of Ford Motor Co, last Sunday said it has begun 1993 with encouraging sales in all its major markets, with January retail sales in the US Jaguar's most important market, up 30 per cent to 818
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1285 48 "W ETA FfcM CTD^ Abn Dhabi GA893 1500 GA982 0210 GA974 2225 GA886 2305 Ad«toidt QF81 1935 QF82 ~2Q50 Amman RJ182 2200 GA893 1500 GA974 2225 Amsterdam KL837 1545 SQ338 2300 SQ323 1815 KL838 2350 Athens SQ348 2300 MM NZ35 1425 SQ288 2045 SQ286 2045 N236
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        Lock icon Smart road system helps drivers avoid congested streets
        413 48 NYT WASHINGTON It may not put radio traffic reporters out of work right away, but a small company in Rockville, Maoland. has patented a blueprint for an "intelligent" road system that would tell drivers how to avoid congestion. Working under contract with
        NYT  -  413 words
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      61 30 The Baltic Exchange report was not available. V SVxK a market for cWoe iobs J Any Job. any Career. I/Q Available any Day. Any Time, anywhere. I the SrnAirn Times The Sunday Times business Times l pF Vvf \SL\L r Nrw PAW i-wne Zaohao Uaniii wanbao K;■ VI j|A shin
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      9 30 Port conditions, Page 16 Ships In Port, Page 17
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      673 30 TIDES AND WEATHER TODAYS TIDES (height in metres) HOW OOOO 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 2.6 2.1 2.7 2.3 1.7 17 OS 0.6 0.7 1.1 1.1 2.7 3.3 3.4 U 2.7 2.0
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      2469 31 mm oocl (S) pte ltd jardine shipping agencies *****11 FAX: *****09 BOOKINGS TEL: *****34 *****58/ *****40 \InWMW CFS (PSA F5) TEL: *****21/ *****79 M 1I I |T_ JARDINE SHIPPING AGENCIES SDN. BHD. rKfifln PETALING JAYA TEL: 03-*****76 FAX 03-*****42 1. WHOP J rv .—"TZ TT o r PENANG TEL: *****4
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      1803 31 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 fSuASCI RUNTED ARAB SHIPPING CO.(SAG)j j| f To US East Coast M WTC m MB Ml I LIESIXE I'/K M/n an n/u a/11 EJS 0 1 1 4,3 V* UK 11/ M 11/ M T£2.*2ZL ivm Ml US II IS 11/ M
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      1263 31 raxt o ■WBrnMHIM PASIR GUDANG LCL ACCEPTANCE I CALL 233-868 FOR DETAILS Ve&sel Voy ETA ETD Feeder by 1 DESTINATIONS crrsr.rorK I CfS 16/2 0300 HRS JOH LPK PEN OAK LGB HOU "™Bc MARGHETME MAERSK 9304 1-6-2 |l//2 9/2 14/2 14/2 6/3 8 3 10/3 1/4 "TTIF IeTT" "igl" ITT"
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      973 32 AQABA ROAM/ [I VOY NO S PORE JEDOAH (via JED) S TON H BURG ANT HAVRE LA SEINE 28/105 10/2 27/2 2/3 28/2 HOGCHST EXPRESS 07/305 13/2 23/2 1/3 3/3 6/3 8/3 10/3 'MM mjm miK TOKIO EXPRESS 09/106 17/2 6/3 9/3 7/3 06/306 20/2 2/3 8/3 10/3 13/3 15/3
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      537 32 ISOHi FCL Break bulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sote Foreign Forwarder in Kabul for all services C.LS.-Vostochny, Vladivostok, Moscow, Tashkent Kiew, Minsk, Riga, Baku North Korea a Vietnam a Mongolia a Hungary CSFR a Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel mm I VILLE DE LA
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      913 32 Shipping Times, Tuesday February t IMS I Bama«ia x>mwm pBp J^^j^^^^^ MMM gEguiARjNPEPENPENT_FULL container service [gjg... ___,3B ii 5 S i Hi i Siffr ,2,M \iz /o2 /02 22/02 o;i «/02 /oz 11/."I 1 05/03 /03 02 X /02 05/03 3 /L 3 0?l/03# m 303E 3%i SSL SSi? 21/02
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      1904 33 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppd Towers Singapore 0208 Tel: *****80 Fax: *****17 BTS Shipping Pte Ltd CARGO o« SAKS CONTAINER SERVICE TO CAMMOIA 52^. T AJ! t J! J U lab "12 Feb 13 Feb 14 Feb MIS MADURA Vo3f KK. Skjn. Ijw 12 13
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      1754 33 ■ifcltek&M i|n A SINGAPORE AGENT: A? 1 1 .Af|fsl|nPl*C f'° Container# (Singapore Agencies) Pte Ltd 9£gg|pfV|(k O 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 A wl^ggoff 64 F 5 7517 JL EgORT IMPORT *f>m VOY 'PMC 'Mfi SM iIA SOU IHT DAT y. u i?i AERSK 9304 04/02
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      751 34 l INDONESIA PTOEUROftg i <»fft vK?g I** hot I stat my»MM| wmwl mmwl wtwt I KU ?7WB j 26-28/2 I 26/3 31/3 5/4 10/4 TO jjialllß aMlttrefE EAST COAST POUTS i «E/VW PKL STOKE srp IIKLB law Ifltt IADtI WO WTMWU/***** 10/2 12/2 25/2 2S/3 5/3 «t TBA/01S 17/2 16/2
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      1851 34 11 HANJIN SHIPPING IFORVSI SM UNE HAUL SEA VCR fDR VSt SM IIME HAU SAV XM NYf ■HI K RANG YANG 098E 8/2 H. CHUNGMU OME 4/3 5/3 HANJM HWANG TANG 09IE 82 M. AMERICA 007E 18/3 15/3 71/1 HANRN KUNSAN 084E 15/2 H. KEELIMG 041E 11/3 12/3 HANM NUNSAN
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      798 34 c».|» F iii B iimes, luegqmy r eoruary 9 199. ~i f i I liss rI! I IIIP IIIII| ,#/312/3IVII</J ~/31,/128/3 a/j «s»'«BS ssss s;: r, ,M $ss 2,1 I I| M S2ES.!??"" i«<mo«w, row I [j)_»?UI»T» 1 0«C<W. PtTIOT. CTUWB t OTm MAJOi OKMMBg OKTWAIMC I I psl^lli lil'
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      904 35 \t SCX: NEPTUNE CRYSTAL 11E' ETA SGMO/02/9^T^ ■I II ARRIVING LOS ANGELES 28/02/93 IN 17 DAYS ■I II AEX: 'HAKONE MARU 08E' ETA SGP 17/02/93 H ■I |i ARRIVING NEW YORK 12/03/93 IN 22 DAYS Ml II l| •HI SCX: Connecting C. Pegasus Voy Kin Hkg H| B2 SCX; Connecting
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      300 35 HEUNG-A SHIPPING I Korean Flag Vessels STRAITS/KOREA SERVICE HI U MS SSR MC MM CHOTMIG SUIM3OS 07/02 10/02 IS/02 19/02 20/02 21/02 IHWMD 30M U/02 10/02 23/02 27/02 01/03 02/03 •HO. DOMM 302 M 20/02 2J/02 04/03 0/03 10/03 11/03 OOr«« UIB M 307 20/02 21/02 20/02 02/03 03/03 00/13
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      154 35 CENTENARY SHIPPING SERVICE [SisaiFail^ SINGAPORE/HO CHI MINH CHY NovprovUng Container Tracking toVungtaiL from Ho CM Mlnh Qty VESSELS NAME VOY. WW ETA/P S'POBE ETA/P MCM CITY TAN AH AM 7SN/S 09-09 FES 1212 FEB 93 TANAH Aflt 78N/S 18-18 FEB IS-1S FEB S3 TANAM AM 77N/S 23-23 FEB 2S-2S FEB
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      859 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOtIO—OtS CHARGING WESTBOUND-tOAONG TRAIBHfPED WA
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      1214 36 KIT M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) ■A W WmT IJAI AVCIA L *****77 TELEX: KAWAKI R*****5 FAX: *****07/^9 I IV I H MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHO A A B imAllppit TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6
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      1160 36 Pmi OMNT UN€5 PU LTD 1 I°® Robinson Road #07-00 GMG Building Singapore 0106 Te,: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 by air, land or sea.... WE TAKE on the world for YOU clffl MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION X!r I f 1 TT^ aMAm/mnMtmc maaSMJ-n PPR EY MELBOURN
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      829 37 f aSSPff PACIFIC INTERNATIONAL LINES (PTE) LTIT I 140 Cec 'l Street, #03-00 PIL Building, Singapore 0106. I CR NO **********0E KOTA E SINGA S,N HKG SIN CMB J® MOO JED AOJ JUTA SINGA BQAO2I I§/2 22/2 1/3 3/3 7/3 KOTA MAftA WAN J!?? 021 21/2 25/2 M 7/3 10/3
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      1006 37 WEEKLY LCL SERVICE NORTH EUROPE EVERY TUESDAY FOR THE FASTEST TRANSIT TIMES IN THE TRADE CALL:BEN LINE AGENCIES (S) PTE LTD TEL: 225 3522 BOOKINGS: NOELLE TAN/TS CHOW YEA SHYUAN/SALLY YAP OR EAC TRANSPORT AGENCIES (M) SDN BHD BOOKINGS: ANGELINE TAN SHAH ALAM TEL: *****49 001 ARK KHIANQ PENANG TEL:
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      322 37 »8 I °BSA° transportation mm MYANMA pm FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon S'porc P.Kit Pen P Gd# tPA-AH VI6SW In pi a 5 MYOMArw* Vl46* 03/05 r-fc MYITKTMA V4&SW 16/17 Feb AVA VI2OW 16/19 Ftto i3/| 5 Ftfc NALATSM AGENTS. BOUSTEAD SMPPMG AGENCCS «A: IE
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      1365 40 Conventional Semi-Container Full Container Itiner Services Uner Services wTwwL*, ZZ".T?-... «■"<*« cu. s**c s* sw p.t..(mmumii*. Enterprise Co Ltd c«tns+ «m I P#e Lti MUSd 3.34. 3rd Floor, Jt IR H Juanda 111/14 R0 f... W: 337 244 i (4 ttnes) fe/. 538 1088 HMC Budding 015 00 Chinese Chamber
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      434 40 BOWS TO HONGKONG, TAINAN. MAMLA I JAPAN "TWICE NEEKIf' MALACCA STRAITS SERVICE ownw) wrna m *r I»ilmr ms kao ng tto tor ac «eo hop I ["im m la In n h —I ~Ui -lie U2 UK lie IM2 nc 21.12 2412 BC a«MT wT" ImT 14J2 12J2 is#~ a
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      380 40 J I W ««W »0K BANGKOK I OCEMM OWOS N FEB 27 MM 3 IM* MM IS MM is I 5?» 5?" I I WY ETA SPGK UTM I "ra 27 ASM* LIT MS Ml API 13 I WWWBWEWJB Ml 9 VK 15 API HMI 21 WT eta »a* OCEMM
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      579 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PREAUS 13/2 ROTTERDAM 13/2 HAIFA/ASHDOO/ALEXANDRIA 13/2 HAMBURG/BREMEN 13/2 MARSEILLE/FRANCE 13/2 FaiXSTOWE/UK 1372 BARCELONA/SPAIN 13/2 LEHAVRE/AWTWERP 13/2 GENOA/ITALY 13/2 GOTHENBURG/SCANDINAVIA 13/2 LOS ANGELES/WC/ffl 13/2 SYDNEY/MELBOURNE 11/2 NEW YORK/EC 13/2 FREMANTLE/AOELADE fi/2 VANCOUVER 13/2 BRISBANE
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      664 41 g RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lin«s) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) I}® ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOV ETA I LOADING FOR SPORE ANCXNET ?9WB 28/03 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET 29W8 20/04 DARE
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      624 41 rage I JAKARTA BANGKOK www bb jiT |«cm rwTl wmrm I WAHA Mm 177S 10/2 14/2 PI¥A BHUM 27oiir hPI Fri ~W2 RAJA BHUN ,85S 12/2 l«/ 2 G KQfINTSE¥* 13N MM 10/2 Sat ~lv2 KITIBHUM 17S 13/2 W2 MAMA BHUM 144 M MM 10/2 SMI 14/2 I WAMA BMUM
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      349 41 11l iteagai Wa-Uflt BAY OF BENGAL SERVICES "S»ggp hSlmw U4V2 nWr I JS SS 1# I1/2 17-11/2 24-25/2 I IS 55? 15-w/2 nun I "g»"« s« H-ii/t 20-25/2 imo/3 I *®Z »-l*/2 IWI/2 26-27/2 I I JSSLSF* KXm 11X2/2 1 22/Z 2S-2S/2 I I 15?, 25, IMC l v,i &nn
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      1375 42 GROUPAGE |-)V/ jPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 I HKG/TWN/BKK I GOTH/U.K/MED PORTS uf!? PEN PK S,N \a/1 ic/, llil H 0 1 0 1 Ldn/Fli/Rdm/ Ant/LHV 11/2 12/2 13/2 I?/o \o,l In',l 1 1 G'buri/CTwien/STwlni/Oslo 14/2 15/2
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      921 42 THONG SOON LINES PTE. LTD. 77 ROBINSON ROM) #15 00, #16-00 SIA BUH.***** SINGAPORE 0106 TEL: *****88 FAX NO: *****11. *****22 TLX: RS ***** CARRO, RS ***** JENHOL CABLE: TOSOCO I I VJMlHi—ll—H SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VISSEI VOY |s POKE |KST VESSEL W SPORE P. HtUUK
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      107 45 FOR SUCCESSFUL MANAGEMENT OF YOUR RUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and I relevant book reviews. I yj ENTERPRISE MANAGEMENT, in U Business Times every Monday, is must U rj/-Lp reading for managers who want the x
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      839 46 J SSSSSL EES FREIGHT SERVICES PTE LTD J MB ~M Jn #01-60 Wallich Building, Wallich Street, Singapore 0207 I Tel: *****66 (10 Lines) Fax: *****69/*****44 I I "CORNELIS VEROLME" 11 "MARJON" 11OOCL FRIENDSHIP V.35E I HI V.304 II V.044N ETD SIN: 12/2/93 I I ETD SIN: 20/2/93 ETA SIN: 14/2/93
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      267 46 /FAR j&ST> XReelum ViiiMßgl H HONG KONG A llr BANGKOK f HAMBURG X ROTTERDAM J .M f BARCELONA MARSEILLE ft V RITRA 7 CARGO \TEL*****668 <^^CROSSWATER HEM) OFFICE: 291 XMNGOON ROM) #06 00 SEtMGOON BULOMG S(0t21) NMEHOUSt (CTS): BU 37 #M-2S/» TG MGM FROGHI STATKM lEL: *****05 n!oNGKONG?CHIWA^^^PIS/2 I PT
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      771 46 Antwerp 13/2 Fremantle 11/2 Bangkok 13/2 Bremen 13/2 Sydney 18/2 Busan 15/2 Hamburg 13/2 Melbourne 18/2_J Hong Kong Ig/2 cfi 4 Ve EimnWSffW Kaohsiung 13/2 Felixstowe 13/2 Keelung 12/2 Rotterdam 13/2 Bombay 15/2 Jakarta 14/2 Calcutta 14/2 Manila 15/2 Chittagong 18/2 Lax Nyc 14/2 Karachi 15/2 •We travel all over
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      954 47 ▲.HYUNDAI MERCHANT MABINE CO. LTD. WESTBOUND TO EUROPE rasas VOY PHA PKE PGP VESSELS VOY_ SI RTM MIT* LEH* HAM BKE| FEL MM ADVANCE 04A 9/2 11/2 13/2 SI FREEDOM 303W 14/2 5/3 5/3 C/ 3 7/3 7/3 9/3 HMM ADVANCE 05A 16/2 11/2 20/2 H MNOVATOR 302W 21/2 12/3
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      528 47 II STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS I INBOUND VESSELS I VUSU IK N IN u I vtssu m n uc u I ctSK cmuimu u u u I CRUMR TUMI 11/2 m 14/1 I COSMC lUSTU u 14/2 U/2 I I IMMM 21 21/2 Ml
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      1008 47 I OUR USA I n |U» [CM [o*l [cy |«rpq SERVICE CALLS I mow win mmi tvu tumm 00—co riwo ihi/b a/u 03/03 03/03 03/03 uutio3m 13 u SINGAPORE I wcrow i«za> imi/b 07/03 it 03 10,03 10/03 11/13 u/u 11/03 u/« DIRECT EVERY II niMTOi cai—B ~m, wu wu
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      8 48 J Mi I v Tomorrow in Business Times
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      53 48 MaTysis Tomorrow }n 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
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