The Business Times, 10 February 1993

Microfilm: NL18516
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    14 1 SINGAPORE Business Times WE KNOW ASIA MITA (P) 552/12/92 Wednesday February 10 1993 75*
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  • 2am LATEST
    • Article
      Lock icon G-7 finance ministers to meet on Feb 27
      51 1 Reuter LONDON Financc ministers from the Group of Seven industrialised nations (G-7) will meet on Feb 27 in London. A British Treasury official spokesman confirmed that the ministers will discuss the global recession and ways of speeding up the world economic recovery.
      Reuter  -  51 words
    • Article
      Lock icon Yeltsin ready to drop referendum, hold polls
      63 1 Reuter MOSCOW Russian President Boris Yeltsin, pressed by conservatives and regional leaders, is ready to drop plans for a constitutional referendum this year and accept early presidential elections in 1995. The president, battling spiralling inflation and an economic crisis, has extended an olive
      Reuter  -  63 words
  • Article, Illustration
    MARKET SUMMARY
    114 1 Stock market indices Tuesday Change STII 1.624.52 +8.79 KLSE Composite 639.97 -163 Nikkei 17.022.27 -259 46 Hang Seng 5.789.52 +2.87 SET Index 972.68 -8.25 Jakarta Composite ...297.91 +2.10 C'LSA China B 1.642.52 -10.63 Aust All Ord 1.583.9 +24 5 FTSE 100 2.831.3 -38.1 Tuesday Previous llam close Dow
    114 words
  • Article
    3pc GST from April 1994, tax cuts and offsets for the poor
    1076 1  -  By Anna Teo I SINGAPORE A wide-rang- ing 3 per cent Goods and Serj vices Tax (GST) will be j introduced on April 1 next J year as part of a tax reform move to secure Singapore's long-term
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  • Article
    Lock icon Yen surges on report of US-Japan talks
    497 1 Reuter TOKYO The yen jumped against other major currencies in Asian trade yesterday as dealers reacted to news of a US-Japan finance ministers' meeting this weekend and a report that the European Community wants a higher yen. Tokyo officials quickly downplayed speculation that
    Reuter  -  497 words
  • Article
    S'pore-Taipei accord will allow Taiwanese to trade on Simex
    342 1  -  Byj Soh Tiang Keng SINGAPORE Officials from Singapore and Taiwan have signed an agreement that paves the way for Taiwan investors to trade futures contracts on the Singapore International Monetary Exchange by the end of the year. Quoting Taiwan newspaper reports,
    342 words
  • Article
    Lock icon Japan-Asean forum to discuss Gatt talks
    158 1 AFP TOKYO Japan and Asean will hold a meeting here next week to discuss economy, security and politics, the Foreign Ministry said yesterday. The 13th forum between Japan and Asean will be attended by vice-ministers, ministry officials said. Lower-ranking officials such as director-generals attended
    AFP  -  158 words
  • Article
    Gently into GST
    608 1 EDITORIAL THOSE who feared the long-threatened goods and services tax (GST) will no doubt be relieved that the government proposes to levy what Finance Minister Hu described as "a very modest" 3 per cent i 1 rom Apnl 1 ncxt year. From the time the idea was
    608 words
  • Article
    Lock icon US set for more tough trade actions: Espy
    200 1 Reuter WASHINGTON US Agriculture Secretary Mike Espy said on Monday that the Clinton Administration's decision to slap duties on billions of dollars of imported steel was just the start of its push to open markets and seek fair trade. "This administration will
    Reuter  -  200 words
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      107 1 Z -i Bk B \9 ft Wj I Centrepoint #01 -30 Tel: 737 4509 ll CONTENTS I Notts Companies Regional News 4.6 S'poreM'sia .9.10.11 World News 7.8 Financial 12.13 Features Analysis 27 Markets Editorial 26 Oob/KISE. SES 19.20 Sports 21 Regional 17.18 TV/lifestyle 23 World 15.16 Regional Analysis Currencies 13
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      10 1 Regional Analysis New factor in Asia's defence equation Pg 24
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      51 1 Market Watch Pacific Rim stocks a good buy Pg 9 Sectoral impact; GST in a nutshell, Pg 2 Impact on the poor, middle- and high-income, Pg 3 S,ew: Nol W news for listed companies, Pg 3 What the experts say, Pg 3 Full text of GST White Paper, Pgs 26
      51 words
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      164 1 The Bottorkiinq o FEB W93 t-1 Aussie chyice J&)pk #02-55/56/59 Wisma Atria Tel: 235 5325 #01 -25 Paragon By Sogo Tel: 732 2556 Trade dominates US-Japan ministerial talks, Pg 7 Open a branch office at home. 06 01 15:41 tt«3 33*6590 COM Pul To: Mr Chan Urgent Prom: Your Hardworking
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  • THE GST WHITE PAPER
    • Article
      GST in a nutshell
      1051 2 What is GST? GST (Goods and Services Tax) is a tax on consumption. You pay the tax whenever you buy an item or a service. And the supplier will collect it at the point of purchase. For instance, at a GST rate of 3 per cent,
      1,051 words
    • Article
      Manufacturers hope tax cuts will offset collection costs
      506 2 Manufacturing MANUFACTURERS yesterday expressed concern that the GST may dampen demand in the short term and raise their operational costs. These operational costs are in the form of administrative and accounting systems to keep track of the GST that will have to
      506 words
    • Article
      Home buyers may not escape impact of proposed tax
      394 2 Property ALTHOUGH the buoyant residential market has emerged as the only property sector exempted from the goods and services tax, home buyers may still be affected. Market watchers predict prices will edge higher when the 3 per cent tax is imposed.
      394 words
    • Article
      Bankers see little impact on the sector
      482 2 Financial Services THE FINANCIAL community appeared unfazed by the proposed 3 per cent Goods and Services Tax, and many bankers and analysts said the GST was not likely to have much impact on the sector. While saying they needed clearer indications about the
      482 words
    • Article
      S'pore's position as distribution hub may be hit, say local firms
      575 2 Transport/Communications LOCAL transport companies fear that a proposed valueadded tax could jeopardise Singapore's position as an international distribution hub if it were to be imposed on shipment charges. This is because the tax is likely to be passed to
      575 words
    • Article, Illustration
      Retailers fear adverse effect on tourist spending
      676 2 Retail/Tourism RETAILERS and tour operators expect a buying surge just before the implementation of the GST in April next year. But generally the sector, already struggling in a slow market, yesterday greeted the tax with dismay. The main worry was not just higher
      676 words
    • Article
      Low-margin businesses will find it tough
      312 2  -  SMEs Reports by Lilian Ang, Rahita Elias, Genevieve Cua, Quak Hiang Whai, Sylvia Wong, Hong Lee Tiam,Helen Chang A GOOD NUMBER of Singapore's small and medium-sized companies will be covered by the high $1 million exemption threshold and thus will not be greatly affected
      312 words
    • Article
      More than half of S'pore households will end up not paying income tax
      509 3  -  By Chuang Peck Ming MORE than half of Singapore's households mostly those in the lower income groups will end up not paying income tax when the goods and services tax (GST) comes into effect next year. Finance
      509 words
    • Article
      Lower taxes will more than make up for GST: govt
      311 3 MIDDLE- and high-income earners, as well as businesses, will find that lower corporate and income taxes will more than make up for the new goods and services tax bite, the government said yesterday. "I think they will be quite happy,"
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    • Article
      Unexpected proposal to exempt businesses with less than $lm turnover
      402 3 ONI: unexpected proposal in the government's White Paper was to exempt from GST all businesses with an annual turnover of less than SI million. finance Ministry officials said yesterday that 79 per cent of businesses registered here had a turnover
      402 words
    • Article
      The important distinction between exemption and zero-rating
      104 3 nc f ,he important features of GST is the distinction between exempt goods and services and zero-rated good and serv ices. (hose which are zero-rated (exporters for example) are liable for GST, but the rate of tax appljing to them is zero. They
      104 words
    • Article
      Bad news for investors who over-anticipated goodies
      781 3  -  HOCK LOCK SIEW By Lee Han Shih THE WHITE PAPER on the goods and services tax (GST) brings more good news than bad for listed companies. But some investors in local equities may not be too pleased. The problem lies not in the
      781 words
    • Article
      QUOTES
      267 3 'For the companies, it's a one-way street, isn't it? We've given them something... The cost they'll incur in implementing GST should be substantially lower than the lax cuts they're receiving. Therefore, I see no reason why they should be unhappy.' Dr Richard Hu, Finance Minister 'Three per cent is
      267 words
    • Article, Illustration
      What the experts say
      740 3 EXPORTS will have a zerorating for GST, so companies that are export-oriented will be exempt. That's a good thing as it forces our companies to think about going overseas. You can avoid the 3 per cent by going overseas. Small businessmen being intelligent, there is a
      740 words
    • Article, Illustration
      A deceptively simple document with far-reaching implications
      1080 3  -  Commentary By David Mason The writer is a partner and GST specialist in an international accounting firm. He contributed this comment to BT. AFTER so many years of debate and speculation over GST, one of the revelations of the White Paper is that
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  • THE REGION
    • ASIA NOTES
      • Article
        Lock icon Jakarta, KL plan Malacca Strait panel
        99 4 AFP JAKARTA Indonesia and Malaysia are to set up a special committee to discuss bilateral co-operation on the Malacca Strait, the Antara news agency said here yesterday. "We will start the discussion on the matter in Kuala Lumpur in the near future," Antara quoted
        AFP  -  99 words
      • Article
        Lock icon Nafta will hurt our exports: KL
        108 4 Bernama KUALA LUMPUR Malaysia's exports to the North American Free Trade Agreement (Nafta) countries could be impeded by as much as Msl billion (SS64O million) a year, says the Malaysian Investors' Association (MIA). MIA president Patrick HS Lim said direct exports to the Nafta
        Bernama  -  108 words
      • Article
        Lock icon Phnom Penh admits possibility of guilt
        78 4 AFP PHNOM PENH The Phnom Penh government admitted for the first time yesterday that its officials might be the culprits in harassment and assassinations of its political opponents. "We don't rule out this kind of possibility," senior government adviser and Deputy Minister Khieu Kanharith
        AFP  -  78 words
      • Article
        Lock icon M'sian paper calls for slower growth
        113 4 Reuter KUALA LUMPUR Malaysia should consider implementing policies to ensure gross domestic product (GDP) growth slows down to a "less hectic" pace of between six and eight per cent a year, the New Straits Times newspaper said. "It would be unrealistic to expect the
        Reuter  -  113 words
      • Article
        Lock icon A taxing embarrassment for Lien?
        113 4 AP TAIPEI The wife of Taiwan's provincial governor and possible next premier evaded paying incomc tax in 1991 and was later forced to pay a fine of NTS 170,000 (S$ 10,788), the China Times Express newspaper reported yesterday. The paper quoted Taipei District Court officials
        AP  -  113 words
    • Article
      Lock icon PoW groups put US firms off Viet mission
      300 4 AFP HANOI Hundreds of major US companies are hungry to do business in Vietnam but fear a backlash from groups claiming Hanoi still holds US prisoners of war, according to the leader of a US business mission here. Irwin Robinson, president of
      AFP  -  300 words
    • Article, Illustration
      Lock icon Mitterrand pledges to help lift US embargo against Vietnam
      412 4 But democracy and development are inseparable, he savs AFP HANOI French President Francois Mitterrand yesterday pledged to help overturn the US economic embargo and double financial aid to Vietnam. but said economic development should be matched by greater political freedom. "The
      AFP; Reuter  -  412 words
    • Article
      S'pore joint venture starts making soft drinks in Vietnam
      412 4  -  By Conrad Raj SINGAPORE Vietnam's first foreign soft-drink bottling plant has started operations, producing for the first time locally aerated drinks that meet international standards. The International Beverages Company (IBC), a joint venture between the Singaporecontrolled Macondray group and Vietnam's Saigon
      412 words
    • Article
      Lock icon Asian naval buildup spurred by festering territorial disputes
      451 4 Reuter JAKARTA South-cast Asian navies arc bccfing-up in a strategic region made jittery by a power vacuum and a number of festering territorial disputes, analysts said. Indonesia's purchase of 39 ageing German naval vessels highlighted the trend in the region, where some
      Reuter  -  451 words
    • Article
      Lock icon Asian nations seek private funds for power projects
      482 4 Reuter SINGAPORE Asia's booming economies, hamstrung byinadequate power facilities, have begun negotiating with international private sector financiers for money to expand domestic power facilities, anaI lysts and bankers said yesterday. Developing countries need to invest US$BOO billion (551.32 trillion) to meet mounting
      Reuter  -  482 words
    • Article
      Lock icon Separate pow-wows before joint meeting
      376 4 Malaysian constitutional crisis AFP Bernama KUALA LUMPUR Malaysia's powerful hereditary rulers and the government prepared yesterday to meet for the first time since Parliament passed controversial constitutional changes subjecting them to the country's laws. Officials said the rulers and chief ministers of the nine states
      AFP; Bernama  -  376 words
    • Article
      Lock icon Asean urged to coordinate investment strategies
      131 4 AP JAKARTA Members of the Association of South-east Asian Nations (Asean) should coordinate policies for attracting foreign investment, the head of the regional grouping said on Monday. Asean secretary-general Ajit Singh warned at a conference on investment promotion that global capital shortages are likely
      AP  -  131 words
    • Article, Illustration
      6-percentage-point corporate tax cut if Keating wins polls
      558 6  -  From Florence Chong in SYDNEY IF PAUL KEATING'S Labor government wins the election next month, corporate Australia will get a 6 percentage point tax cut from July 1. Company tax would be reduced from 39 to 33 per cent, Mr Keating said
      558 words
    • Article
      Lock icon China's real estate market experiencing spectacular boom
      606 6 Reuter BEIJING China's up-and-coming money men, having sent the country's novice stock markets lurching between boom and bust, are now "cooking the ground" feverishly speculating in real estate. From tropical Hainan island in the south to the industrial rust belt of the north,
      Reuter  -  606 words
    • Article
      Lock icon Joint ventures a leading force in China's total trade
      335 6 AFP BEIJING Enterprises with foreign investment last year accounted for a record 26 per cent of China's U*****.63 billion (5J273.29 billion) in total trade, customs figures published yesterday showed. Trade by the sector surged 51 per cent over 1991 to U5543.75
      AFP  -  335 words
    • Article
      Lock icon Patten's advisory body approves pro-democracy measures
      330 6 AFP HONGKONG Governor Chris Patten's advisory body yesterday reached a consensus on his proposals to further democracy in the British colony and will now pass them to the legislature. "The debate is finished. A Bill will be now legally drafted and sent to the
      AFP  -  330 words
    • Article
      Lock icon Asia re-examines plans for closer regional economic cooperation
      487 6 IHT SINGAPORE Apprehensive about signs of protectionist trends in the United States and Europe, Asian countries are looking anew at proposals for closer East Asian economic cooperation built around Japan. While officials in the region deny that they are intending to form
      IHT  -  487 words
    • Article
      Services trade will play big role in HK economy
      569 6  -  From Lim Soon Neo in HONGKONG HONGKONG'S services trade will play a prominent part in the colony's cconomy in the next 10 years, with the level of services exports even exceeding that of goods, said the Direc-tor-General of Trade. Donald Tsang.
      569 words
    • Article, Illustration
      Fighting spirit
      61 6 SEOUL A South Korean comfort woman fighting the riot police during a funeral march for a war-time slave who died last week. She was among a group of mourners trying to march towards the Japanese embassy yesterday to demand an apology from Tokyo for forcing women to serve
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    • Article
      Lock icon Hyundai founder retires from politics to focus on business
      342 6 AP SEOUL Billionaire Chung Ju Yung's whirlwind ride through politics, which saw him rise to he a top presidential contender only to be charged with election fraud, ended yesterday after 13 months when he announced he was retiring from politics. Mr
      AP  -  342 words
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      300 4 DIITT SINGAPORE fl IVI I J. INSTITUTE OF UNIVERSITY MANAGEMENT BACHELOR OF BUSINESS IN ACCOUNTANCY Ist Intake Commencing July 1993 J The Singapore Institute of Management in conjunction with Tbc Royal Mclbouinc Institute of Technology (RMIT) invite applicants for the Bachelor of Business in Accountancy programme. The Bachetor of Business
      300 words
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      8 4 Regional Analysis: Russians are coming, P R 24
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      112 5 ;uci)w iHsionsnw w -piinoji' s M l<lU ms is. I|L >s oi|, u, .> N nj«»|iii«v) ||v .ii|i pin- pinu ,n|i s Pn ~.ra|i ,K|i |n>p hiiuv |noi m u.v^s nßlife&ti >-S fi* <5 V I Etft. y H I y JY v &1BBB? 8 > I p B* I
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  • THE WORLD
    • Article
      Lock icon Trade issues to dominate US-Japan ministerial talks
      475 7 Bentsen expected to ask Japanese counterpart for action on rising surplus Reuter TOKYO Japanese and American finance ministers will meet in Washington this weekend with worsening trade tensions between the two countries certain to top the agenda. Finance Minister Yoshiro Hayashi told reporters
      Reuter  -  475 words
    • Article, Illustration
      Lock icon Masked attacker, unmasked anger
      55 7 Reuter J ER U S ALEIVI rhe mask tan scarcely hide the hostility of a Priestinian boy taking aim with his slingshot at Israeli border policemen on Monday during clashes in the Shoaflat refugee camp. The unrest followed the death of a 16-year-old Palestinian who was
      Reuter  -  55 words
    • Article, Illustration
      Lock icon Yeltsin agrees to seek alternative to referendum
      469 7 Reuter AP MOSCOW President Boris Yeltsin yesterday agreed to consider alternatives to a constitutional referendum after Russia's powerful regional leaders pressed him to back down, expressing fears of an "uncontrollable power struggle" in the country. Mr Yeltsin would hold talks with his rival,
      Reuter; AP  -  469 words
    • Article
      Lock icon Russia stepping up privatisation with sale of GUM store shares
      367 7 AP MOSCOW Russia moved ahead with its ambitious privatisation programme on Monday with sales of shares in the historic GUM department store and factories in the industrial city of Volgograd. Newspaper advertisements for shares in Russia's most famous store attracted
      AP  -  367 words
    • Article
      Lock icon US general urges Gulf states to hold joint war games
      509 7 Reuter KUWAIT A senior American military officer, warning Gulf Arabs to beware of Iran as a potential adversary, has urged them to deter any future aggression in the region by holding regular joint war games. US Air Force Gen Jim
      Reuter  -  509 words
    • Article
      Lock icon Canadian minister optimistic following talks in Washington
      273 7 Reuter WASHINGTON Canadian Trade Minister Michael Wilson met US officials to talk trade on Monday and came away saying that in spite of bilateral trade disputes, he has a "positive feeling". Mr Wilson made the comment after talks with US Commerce Secretary Ronald
      Reuter  -  273 words
    • Article
      Lock icon Labour may join Tory rebels to defeat Maastricht Bill: paper
      289 7 Reuter LONDON Britain's Labour Party leader. John Smith, could be prepared to join forces with Conservative rebels to defeat the government over the Maastricht Treaty on European union. The Times newspaper said yesterday. Mr Smith was said to hint in
      Reuter  -  289 words
    • WORLD WATCH
      • Article
        Lock icon France seeking to avoid using veto
        82 7 AFP I ARIS France wants to avoid using its veto against Gait's moves on agricultural policy at a meeting of European Communis agriculture ministers yesterday and today in Brussels. French Agriculture Minister Jean-Pierre Soisson said here on Mondav that France would have the accord
        AFP  -  82 words
      • Article
        Lock icon Sweden may compromise on EC fund
        93 7 Reuter Swedish Prime Minister Carl Bildt yesterday said his country may compromise on how the planned Swiss contribution to the European Community's cohesion fund should be made up now that Switzerland no longer wants to be part of the European Economic Area. The Swiss
        Reuter  -  93 words
      • Article, Illustration
        Lock icon Big hand for Clinton
        43 7 Reuter WASHINGTON US President Bill Clinton is probablv used to applause but a big hand like this doesn't come every day. The American leader was spotted jogging past the sculpture The Awakening on Monday in East Potomac Park. Reuter
        Reuter  -  43 words
      • Article
        Lock icon Call for 40-hr work week in Germany
        92 7 Reuter BONN The president of the German Trade and Industry Federation (DIHT). Hans-Peter Stihl. has called for a return to a 40-hour working week and later retirement in Germany. "A return to the 40-hour week is more than desirable," he toid the Berlin
        Reuter  -  92 words
      • Article
        Lock icon UK producer output prices up 8pc
        66 7 AFP LONDON Britain's producer output prices rose by 0.8 per cent in January, after a 0.2 per cent rise in December, the Central Statistical Office (CSO) said yesterday. The annual rate was 3.5 per cent, it added. Producer input prices rose by 1.5 per
        AFP  -  66 words
      • Article
        Lock icon Italy to allow UN to open logistics base
        48 7 AFP ROME Italy is ready to accept a logistics base on its territory for the humanitarian air bridge to Sarajevo, the Foreign Ministry announced yesterday. The ministry said the request had come from the UN High Commissioner for Refugees. AFP
        AFP  -  48 words
    • Article
      Lock icon Atomic energy body rejects criticisms of its Iraqi mission
      230 7 AFP VIENNA The International Atomic Energy Agency (lAEA) yesterday defended its work to disable Iraq's nuclear programme against a barrage of criticism, including personal attacks against inspection team leader Maurizio Ziflferero. In a rare policy statement, the lAEA sought to dispel
      AFP  -  230 words
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      182 7 jQij The University jjjl| 1 of South Australia Graduate School of Management Ranked Top 2, together \Mth University of London and University of Manchester, in terms of Standard and Student Quafity in "Suchartfs Top Business Schools". Source: -Where to Get the Best Business Degrees' published by The Bulletin dated 27
      182 words
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  • WORLD FOCUS
    • Article, Illustration
      Lock icon Danish treaty pollsters confident they'll get it right this time
      601 8 Where to next for Maastricht? Reuter COPENHAGEN Denmark's six opinion pollsters are bracing for a second referendum on the Maastricht Treaty on closer European union, confident their predictions will be more accurate this time. In a shock vote on June
      Reuter  -  601 words
    • Article
      Lock icon Two-speed Europe seems almost inevitable
      817 8 IHT BRUSSELS Europe's cherished project of monetary union is dying, and so is its grand vision of a single currency. The turmoil in the currency markets since September is a symptom of deep-seated economic and political tensions in the community that would seem to rule
      IHT  -  817 words
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      1097 8 E_JL_S_TJ_iLE_S_ TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Tan LiChooof 67 Redhill Road, #03-340, Singapore 0315, have applied for a Public House Ist Class (Extended) licence in respect of premises at M/s Singapore River Entertainment at 39 Circular Road, Singapore 0104,
      1,097 words
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      Page 8 Advertisements Column 2
      364 8 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, l.NgTiong Sin of 11, Newton Road #09-01 Newton Point, Singapore 1130, have applied for a Public House 2nd Class Licence in respect of premises at M/ s Camellia Restaurant Pte Ltd at No. 1, Garden Ave. #02-02 Sentosa, Singapore 0409, and that
      364 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Vincent Tan set to buy back Sports Toto, divest MUI stake
      667 9  -  Analysts say the deals will free Tan from corporate stalemate with Khoo Kay Peng From Leslie Lopez in KUALA LUMPUR VINCENT Tan Chee Yioun. Malaysia's aggressive corporate trader, appears set to regain direct control of his lucrative betting operation
      667 words
    • Article, Illustration
      Lock icon KLSE hopes new powers will encourage timely disclosures
      413 9 Bernama KUALA LUMPUR The Kuala Lumpur Stock Exchange (KLSE) hopes the powers it is seeking to fine companies and corporate officials who breach its Listing Requirement will ensure that companies make timely disclosures on their activities. The KLSE has observed that the
      Bernama  -  413 words
    • Article
      Lock icon NST-TV3 buyout purely business, says Anwar
      156 9 Reuter KUALA LUMPUR The management buyout of Malaysia's largest media group is a "purely business" transaction, Malaysian Finance Minister Anwar Ibrahim has been quoted by the New Straits Times newspaper as saying. The government's involvement was limited to the necessary rules and regulations required
      Reuter  -  156 words
    • Article
      Pacific Rim stocks are a good buy, says Warburg Securities
      858 9  -  MARKET WATCH By Paul Leo SINGAPORE The largest UK investment house has recommended that investors put more into Pacific Rim stocks. S G Warburg Securities made the recommendation, saying that this region will continue to display the most resilient earnings
      858 words
    • Article
      Lock icon Dunlop will wait for China's nod on lottery tie-up
      305 9 Bernama KUALA LUMPUR Dunlop Estates Bhd will continue to wait for the "green light" from the Chinese authorities for the proposed joint venture lottery operations in Guangdong province. Its director Anuar bin Hamdan said the company did not set any time
      Bernama  -  305 words
    • Article
      Boustead pic to sell Irish unit
      252 9 SINGAPORE UK-listed Boustead pic, a subsidiary of Jack Chia-MPH Ltd, said yesterday that it will sell the holding company of Aircraft Furnishing Ltd (AFL) to BE Aerospace Inc for about £4.5 million (5510.6 million). The sale price, including £531,000 of an inter-company loan to
      252 words
    • Article, Illustration
      Lock icon SUMMARY
      352 9 Source: Bridge Info Performance of SHI 'S index stocks Feb 9 Last SCMC Ia4ex Stork sale (S) c (actor Movers Avimo 1900 -0020 1.62 -3.15 CAC 7 300 0 100 622 15.75 Cctcbot 4 760 0020 405 3 15 FAN II 400 0 100 9 7| 15.75 GF Asia
      Source: Bridge Info  -  352 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Pacific Can appoints new chairman
          93 10 SINGAPORE Pacific Can Investment Holdings Ltd has appointed Rohan Kamis as its chairman, effective last Monday, to replace Brian Chang. Mr Rohan, who has been an independent director of the company since July 29, 1988, is managing director of the management consultancy Wee Rohan Loke
          93 words
        • Article
          SPP to get $850,000 as settlement
          90 10 SINGAPORE Construction and manufacturing company SPP Ltd, a subsidiary of Tuan Sing Holdings, will receive $850,000 as settlement of a claim against a fellow defendant and several third parties involved in a 1984 lawsuit. The funds will help SPP reduce the provisions it made
          90 words
        • Article
          Lock icon Magnum on Rashid Hussain interest
          72 10 Bernama KUALA LUMPUR Magnum Corporation Bhd said it had ceased to have any indirect interest in Rashid Hussain Bhd and Development and Commercial Bank Bhd since Feb 5, 1993. This followed its disposal of 52 million shares in Land and General Bhd by way of
          Bernama  -  72 words
        • Article
          Lock icon MBf unit sells Samanda shares
          85 10 Reuter KUALA LUMPUR MBf Holdings Bhd said its wholly-owned subsidiary, Permodalan MBf Sdn Bhd, disposed of 16.6 million shares in Samanda Holdings Bhd on the open market for M 557.34 million (5535.55 million) in cash. The sale, which would result in an extraordinary gain of
          Reuter  -  85 words
        • Article
          Lock icon Olympia to appeal on share issue price
          115 10 Reuter KUALA LUMPUR Olympia Industries Bhd said it was appealing to the authorities to cut the price of new shares it would issue to buy a gaming concern from Mycom Bhd to M 51.50 each from MS 1.90. In a separate statement, Mycom
          Reuter  -  115 words
      • Article
        Lock icon Petronas considers third liquid natural gas plant in Sarawak
        257 10 AFP KUALA LUMPUR Malaysia's Petronas state oil company yesterday signed a pact with a US-based oil company and a Japanese firm to study the feasibility of setting up a third liquefied natural gas (LNG) plant in its oil-rich eastern Sarawak state.
        AFP  -  257 words
      • Article
        Lock icon Indon yarn producer turns in 65pc rise in earnings
        462 10  -  Indorama s impressive results attributed to improved operational efficiency From William Chia 1994. in JAKARTA INDONESIA'S largest yarn exporter, PT Indorama Synthetics, has reported impressive results for 1992. The company, which released its annual results yesterday, said group earnings in 1992
        1994.  -  462 words
      • Article
        Lock icon Investors snap up TRI after windfall of MHS shares
        481 10 Disgruntled MHS stockholders sell off their stakes Reuter KUALA LUMPUR Shares of Malaysia's Technology Resources Industries (TRI) surged yesterday, a day after it said it would give shareholders 97 million shares in subsidiary Malaysian Helicopter Services (MHS) whose shares, by contrast,
        Reuter  -  481 words
      • Article
        Lock icon KL Industries hopes to clinch more contracts
        417 10 Bernama KUALA LUMPUR Proper-ty-based Kuala Lumpur Industries Holdings Bhd (KLIH), which currently has contracts totalling Msloo million (SS63 million) in hand, is eyeing for more construction contracts. Its executive chairman Teong Teck Long, who said that these were still being negotiated. stressed that
        Bernama  -  417 words
      • Article, Illustration
        Lock icon High-tech images
        57 10 Reuter pro u. o, l K)ns s 'j trough the \ichfinder of the small, light-weight and low-priced Fujix Digital Card Camera 1 '"JJ-J 1 records digitally up to 40 frames of photographed images onto flash memory card, at Fujix Salon here on Monday. The camera recently went on
        Reuter  -  57 words
      • Article
        Lock icon Thai Airways shares close at new low of 49.5 baht
        170 10 Reuter BANGKOK Shares of Thai Airways International. Thailand's flag carrier and long one of its most profitable companies. yesterday closed at the lowest price since the company debuted on the stock exchange last July. Shares of the company, which last
        Reuter  -  170 words
      • Article
        Lock icon New rules act as tonic for Jakarta stock market
        320 10 Reuter JAKARTA The Jakarta Stock Exchange has dropped pricing restrictions in another move designed to boost liquidity in the market. The new rules lift the 25 per cent price spread on trade involving foreign investors and on block trade, where transactions
        Reuter  -  320 words
      • Article
        Lock icon Trading in Bangkok Bank of Commerce shares restricted again
        260 10 Reuter BANGKOK The Stock Exchange of Thailand (SET) restricted trade in Bangkok Bank of Commerce Ltd shares after investors drove up the price of the stock by more than half since last Friday. The SET put a "designated securities" tag on
        Reuter  -  260 words
      • Article
        Lock icon Proton expects to export more than 20,000 cars this year
        375 10 Bernama SHAH ALAM Perusahaan Otomobil Nasional Bhd or Proton expects to export more than 20,000 units of its cars this year, including the latest 1.6-litre model, which will be out on sale in June. Proton general manager (business division) Ben
        Bernama  -  375 words
      • Article
        GM shifting Asian, Pacific operations HQs to S'pore
        341 11  -  Move is to allow quicker assess to business opportunities By Juliette Walker SINGAPORE US automotive giant General Motors Corp will move its Asian and Pacific operations headquarters from Detroit to Singapore from April 1 to better support its increasing involvement in the
        341 words
      • Article
        Lock icon Ansett returns to profit after three years as it eyes Asian skies
        273 11 AFP SYDNEY Australia's emerging Asian airline Ansett Transport Industries posted its first operating profit yesterday in three years. Ansett said that higher passenger numbers and the benefits of restructuring over the past 18 months had helped lift the
        AFP  -  273 words
      • Article, Illustration
        Lock icon US toy shipments post 12pc jump
        429 11 Reuter rstw tukk Despite tough economic times, US toy shipments in 1992 posted their biggest increase in eight years, the Toy Manufacturers of America said, and the industry sees more upbeat business this year. The trade group said toy shipments jumped 12.2 per cent
        Reuter  -  429 words
      • Article
        Lock icon Taiwan plans to privatise state oil company
        215 11 Reuter TAIPEI Taiwan will privatise its national oil company to raise funds and open the industry to the private sector, the government's Commission of National Corporations said yesterday. The commission is drawing up plans to sell off a majority stake in Chinese Petroleum
        Reuter  -  215 words
      • Article
        Lock icon Dinosaurs rule the Earth again — in US toy shops
        490 11 Dinosaurs rule the Earth again in US toy shops Reuter NEW YORK After 65 million years of extinction, dinosaurs are back in a big way, at Jeast as far as the toy industry is concerned. While dinosaurs have been popular with children for generations, interest has surged in the past
        Reuter  -  490 words
      • Article
        New Chinese issue in HK likely to break subscription records
        209 11  -  From Stephen Vines in HONGKONG CHINA fever has again hit the Hongkong stock market, with investors poised to break all records in over-subscribing a new issue. Market sources say that the flotation of the hitherto obscure Denway Investment Ltd will
        209 words
      • Article
        Lock icon News Corp interim profits up 94pc despite poor show by film unit
        515 11 Reuter SYDNEY Media magnate Rupert Murdoch's News Corporation said yesterday that its half-year profits to December had jumped 94 per cent despite a sharp earnings drop for its American film unit from two major box-office flops. News Corp
        Reuter  -  515 words
      • COMPANY BRIEFS
        • Article
          Lock icon Glaxo to raise stake in Indian unit
          83 11 Reuter BOMBAY British pharmaceuticals company Glaxo Holdings pic plans to raise its stake in its Indian affiliate, Glaxo India Ltd to 51 per cent from the present 40 per cent, company officials said. Glaxo India will hold a board meeting to approve the
          Reuter  -  83 words
        • Article
          Lock icon Nintendo to open 3 units in Europe
          92 11 Bloomberg Business News TOKYO Leading Japanese computer game maker Nintendo Corp will open three wholly-owned retail subsidiaries in London a d Utrecht »n Holland, the company said. The subsidiaries will take responsibility for regional marketing of Nintendo games and software, and will work
          Bloomberg Business News  -  92 words
        • Article
          Lock icon Toshiba develops smallest gears
          69 11 Asahi News Service TOKYO Toshiba Corp, Japan's second largest electric machinery manufacturer, has developed a technique with which it can manufacture the world's smallest gears, only o.3mm in diameter, Toshiba announced. Researchers at Toshiba's Manufacturing Engineering Research Centre have developed a wire electrical discharge technique using
          Asahi News Service  -  69 words
        • Article
          Lock icon Sumitomo in agriculture joint venture
          59 11 AFP T <*YO Japan's Sumitomo Chemical Co said it would establish a joint venture in France with Rhone-Poulenc SA there to produce and market agricultural chemicals. Details of the projected joint business will be decided later, Sumitomo Chemical said. Company sources estimated the joint venture's
          AFP  -  59 words
        • Article
          Lock icon Coles Myer buys into QIW Retailers
          59 11 Bloomberg Business News SYDNEY Coles Myer Ltd, Australia's largest retailer, said it has acquired a 14.9 per cent stake in Queensland state grocery wholesaler QIW Retailers Ltd. The company declined to specify the price of the stake, but analysts said it would have cost
          Bloomberg Business News  -  59 words
        • Article
          Lock icon India approves McDonald's plan
          119 11 Reuter NEW DELHI India approved an investment proposal by McDonald's, the giant American hamburger restaurant firm, to open a chain of stores, a government spokesman said. The joint venture between a McDonald's subsidiary and an unnamed Indian partner was one of 25 investment proposals cleared by
          Reuter  -  119 words
    • FINANCE
      • SMALL CHANGE
        • Article
          Lock icon Taiwanese bank wants HK branch
          74 12 Bloomberg Business News TAIPEI Hua Nan Commercial Bank, one of Taiwan's largest financial institutions, will submit final documents to Hongkong banking authorities this week to support its bid to open a branch office in the territory, the firm said. Political strains between Taipei and Beijing
          Bloomberg Business News  -  74 words
        • Article
          Lock icon HSBC won't seize O&Y collateral yet
          86 12 South China Morning Post SEOUL Hongkong and Shanghai Banking Corp Ltd will not immediately seize collateral against US$76B million (SSI.3 billion) of bad loans to property giant Olympia and York, the South China Morning Post newspaper said. The bank, a subsidiary of HSBC Holdings,
          South China Morning Post  -  86 words
        • Article
          Lock icon IFC launches HK$ 500m bond offer
          65 12 Knight-Ridder SINGAPORE The International Finance Corp has launched a bond issue worth HKSSOO million (SSIOS million), according to an IFC statement. The issue was launched in Hongkong. The 7-year fixed rate bond carries a coupon, or annual interest rate, of 7.45 per cent. Interest
          Knight-Ridder  -  65 words
        • Article
          Lock icon Yamaichi to underwrite Thai issue
          83 12 Bloomberg Business News BANGKOK Yamaichi Sccuritics has been appointed lead underwriter for a 20 billion yen Samurai bond issue by Thailand's Ministry of Finance. The issue is likely to be made in Tokyo in mid-March, Hitoshi Amczawa, chief of Yamaichi's Bangkok office, told Bloomberg Business
          Bloomberg Business News  -  83 words
        • Article
          Lock icon EC group lauds Bundesbank rate cuts
          73 12 Knight-Ridder BASEL The chairman of the EC central bank governors' group said the decision last week by the German Bundesbank to cut German interest rates had "come at a very welcome moment." Dutch central bank president Willcm Duiscnbcrg, speaking to reporters after a meeting
          Knight-Ridder  -  73 words
        • Article
          Lock icon SEC sues Towers Financial and chief
          80 12 Knight-Ridder NEW YORK The Sccuritics and Exchange Commission filed a civil suit accusing Towers Financial Corp and its chairman, Steven Hoffenberg, of operating a fraud that used false financial statements to sell more than US$4OO million (SS66O million) in securities, according to a report
          Knight-Ridder  -  80 words
        • Article
          Restoring confidence in Thailand
          88 12 BANGKOK Thailand said it hopes a 20 billion yen Samurai bond being floated in mid-March will restore investor confidence in the country after bloody political unrest in Bangkok last May. "This (the bond issue) is meant to show both Thais and foreigners that Thailand is in
          88 words
      • Article
        China's largest bank raises US$ 15m loan in Singapore
        384 12  -  ICBC tapping international markets to finance business operations By Quak Hiang Whai SINGAPORE China's stateowned banks continue to step up their activities in Singapore, with the biggest of them hav ing sealed its first loan here. DBS Bank said yesterday that
        384 words
      • Article, Illustration
        Lock icon Yes, that's what our futures need
        68 12 Reuter S r Y P!!F Y Sy n€ 3 L^ utur s testers react prior to the close of trade during a volatile day of trading in the wake of the second dav of electioneering by Prime Minister Paul Keating. Mr Keating announced a
        Reuter  -  68 words
      • Article
        Lock icon KLCE's M$ 1m plan for futures trading
        258 12 AFP KUALA LUMPUR Malaysia's sole commodity cxchangc will injcct MSI million (*****,000) into a subsidiary to prepare for its debut in financial futures trading, officials said. The investment was approved at an extraordinary general meeting of the Kuala Lumpur Commodity Exchange (KLCE) late
        AFP  -  258 words
      • Article
        Lock icon Japanese banks puzzled by govt's lending call
        342 12 Reuter TOKYO Japanese banks said they are at a loss as to how to react to an unusual demand by the Finance Ministry (MOF) to lend more to small and medium-sized companies and cut interest rates on the loans. They said the problem
        Reuter  -  342 words
      • Article
        Thai central bank to award up to 50 offshore licences soon
        332 12  -  By_ Shoeb Kagda SINGAPORE Thai Finance Minister Tarrin Nimmanahaeminda said yesterday that the central bank would soon award about 40 to 50 offshore banking licences to Thai and foreign applicants, Reuters reported. Mr Tarrin was reported as having said
        332 words
      • Article
        Lock icon New Philippine bill passed for entry of foreign banks
        174 12 Reuter MANILA The Philippine Congress passed a bill allowing foreign banks entry into the country to compete with local banks, under President Fidel Ramos's broad economic liberalisation plan. The legislators approved the bill after agreeing to set later a uniform amount
        Reuter  -  174 words
      • Article
        S'pore investors keen on Philippine Eurobond issue
        398 12  -  By Dawn Tan SINGAPORE Local investors are showing strong interest in the Philippines' US$l5O million (SS24B million) Eurobond issue to be launched today. Bankers say that government roadshows which began last week have generated demand in Singapore, Hongkong and South Korea. "The Philippines
        398 words
      • Article
        Lock icon Tokyo warns of fake govt securities
        192 12 AFP TOKYO Japan has warned investors of counterfeit Japanese government certificates that are believed to be widely circulated at home and abroad, a finance ministry official said. The spurious certificates, which Japan never issues, state that the Japanese finance minister will exchange an equivalent
        AFP  -  192 words
      • Article, Illustration
        Lock icon Need to coordinate G7 forex policy
        201 12 Knight-Ridder TOKYO Japanese Finance Minister Yoshiro Hayashi said the Group of Seven industrialised nations need to coordinate their foreign exchange policies to sustain global economic growth. Mr Hayashi, speaking at a press conference at the Diet after the Cabinet meeting, did not confirm whether
        Knight-Ridder  -  201 words
    • FINANCE & COMMODITIES
      • Article
        Big market for Alaskan gas seen in Pacific Rim cities
        394 13 ANCHORAGE, Alaska Singapore, Hongkong. Shanghai and other large "city states" on the Pacific Rim are quickly emeiTging as potential customers for North Slope gas, says the resource development adviser for Alaska's governor. Harold Heinze told Oilgram News such large populated
        394 words
      • Article
        Lock icon Middle East's share of oil market likely to grow as output from US and CIS falls
        545 13 Reuter HOUSTON The Middle East will increase its share of future world oil production due to the ongoing slide in output from both the United States and the former Soviet Union, according to an
        Reuter  -  545 words
      • Article
        Lock icon Few takers for controversial Zaire banknote
        391 13 Reuter KINSHASA, Zaire Few Zaireans want anything to do with a controversial new banknote which has sparked riots and assumed huge political significance. The five-million-zaire note, issued by President Mobutu Sese Seko last December, was outlawed by reformist Prime Minister Etienne Tshisekedi who said
        Reuter  -  391 words
      • Article
        Futures fall as Opec cut questioned
        420 13 Bloomberg ENERGY REPORT LONDON Crude oil futures prices in London and New York declined yesterday as traders questioned the probabilities of Opec trimming production. brokers said. Brent crude oil futures for March settlement on London's International Petroleum Exchange were trading 8 cents lower at
        420 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        136 13 11 WAS relatively quiet yesterday with action seen only in the USS/MS market. The US$ opened little changed against the S$ at 1.6505-10. The narrow range belied good trading volume with commercial selling interest easily absorbed by local support. The US$/M$ market started out steady
        136 words
      • Article
        Lock icon London
        186 13 UPi LONDON The dollar retreated against the main European currencies yesterday on selling of the US currency for Japanese yen. The Japanese yen was given a boost by suggestions from Fred Bergsten. a top Clinton economics adviser, that the US administration should seek a weaker rate for the dollar
        UPi  -  186 words
      • Article
        Lock icon New York
        94 13 Knight Ridder NEW YORK The US dollar extended Monday's slide, sagging against all kev currencies except sterling, as' the Japanese yen continued to rally. At 0945 EST. the dollar traded at 1.6515 deutschemarks. down from 1.6565 late on Monday, and at 121.75 yen, down from 123.70. After rising
        Knight Ridder  -  94 words
      • Article
        Lock icon Salomon forms new subsidiary to trade in swap market
        225 13 Knight-Kidder NEW YORK Salomon Inc has created a new subsidiary, Salomon Swapco Inc. to trade in the US$4 trillion (556.6 trillion) swap market which consists of a variety of derivative product transactions, including swaps and options on interest rates, currencies and
        Knight-Kidder  -  225 words
      • Article, Illustration
        Untitled
        1283 13 /rmU'-wtifhuxi inJt'\ caUulan-J ai&jinst S pure» lop 14 traJmt /v/#*« Jfciw tin /W< US$/S$ forward rates Noon Feb 9 ss BM Offer 1-month 1.6487 I 6502 2-month I 647ft I M<)1 3-month |.6467 I 64»2 6-month 1.643$ 1.645J Sounv M'H' Source: OCBC FOREIGN CURRENCY NOTE RATES As at IOm ywtcrday:
        1,283 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars mixed, Nikkei futures ease
        1431 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures recouped earlier losses on short-covering to end mixed after initial pressure from liquidations ahead of US refunding yesterday. Dealers said the market was still technically healthy but a poor reception to the auctions, totalling U5535.5 billion, could result
        Reuter  -  1,431 words
      • Article
        KL tin price ends three sen weaker at M$ 14.97
        1012 16 COMMODITIES REPORT Tin KUALA Lumpur tin prices ended three cents down at MS 14.97 a kg yesterday after recent steadiness despite gains on the LME overnight, dealers said. One dealer attributed the drop to the firmer ringgit yesterday morning and
        1,012 words
    • Article
      COMMODITY PRICES
      1625 16 Rubber Frt) 31 lP"0 IMS (physical prfc RSS 1 Cutiatt (S cents/kg) Mrtnth Close Volume Open teat 12 mm (S cents/kg) ivionin High Low Sett (tonnes) Interest RSS 2 Mar 93 146.25 147 25N Feb 93 Mar 93 Apr Mav 147.50 151.00 147.00 148.75 146.50 148.25 1.200 1.400
      1,625 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1180 17 +24.5 The Australian share market closed sharply firmer but off its highs yesterday after volatile trade driven by scrip shortages and the government's economic statement. Brokers said Prime Minister Paul Keating's promise to cut company tax from 39 to 33 per cent pushed the leading index up 50 points
        1,180 words
      • Article
        Manila
        529 17 -5.35 Share prices eased yesterday as profit-taking pared gains towards the close of busy trade, brokers said. The Manila Stock Exchange Composite Index shed 5.35 points to close at 1,374.54. Analysts said prices re- mained firm but profit-taking is expected to continue today. Gainers led losers 52 to 33
        529 words
      • Article
        Taipei
        513 17 -11.72 Share prices finished mostly lower on profit-taking yesterday after sharp gains last week, although the financial sector was strong. The Weighted Index closed 11.72 points down at 3,637.03. Turnover eased to NTS2O.I billion from Monday's NTS2I.B billion. Brokers said buyers, including new investment trust firms, focused on financials
        513 words
      • Article
        Seoul
        384 17 +3.15 Stocks inched higher on a mild technical rebound yesterday after a two-day losing streak aided by news that Hyundai's founder had quit politics, brokers said. Hyundai tycoon-turned politician Chung Ju-yung revealed he would end his year-long political career that has so angered the political establishment. Brokers were divided
        384 words
      • Article
        New Zealand
        293 17 -2.81 The share market retraced early gains yesterday to end a touch lower but brokers said the market was well-bid and it was taking a breather from a recent run higher. The NZSE-40 Capital Index closed down 2.81 at 1.567.15 on a volume of NZ$34 million, which was
        293 words
      • Article
        Bombay
        113 17 +35.87 Stock prices rallied again yesterday ahead of the Feb 27 national budget and traders said the Bombay index could rise by 500 points over the next two weeks if current price trends continue. The BSE Index jumped up by 35.87 points to 2,771.42 and the National Index climbed
        113 words
    • WORLD STOCK MARKETS
      • Article
        London
        585 17 -38.7 Shares ended sharply lower yesterday as concern over inflation and the pound's weakness cast a long shadow over optimism for further falls in interest rates. The FTSE 100 Index ended down 38.7 points, 1.35 per cent, at 2,831.3. George Hodgson, strategist with SG Warburg, said he expected to
        585 words
      • Article
        Stockholm
        134 17 +0.51pc Swedish shares closed firmer after a weak opening yesterday, with better-than-expected results by telecommunications group Ericsson the talking point. The Ericsson figures invigorated the bourse ahead of pharmaceutical Astra's results to be published on Feb 22, one dealer said. The all-share index gained 0.51 per cent to 944.24.
        134 words
      • Article
        Frankfurt
        217 17 -5.58 Germany's 30-share DAX Index ended a moderatevolume session yesterday at what dealers saw as a pivotal point just above a key chart level at 1.640 points. The 30-share DAX Index ended 5.58 points lower at 1,641.58. Dealers were split as to whether the next move would be a
        217 words
      • Article
        Brussels
        121 17 -6.53 Belgian shares ended mainly lower yesterday amid profittaking in high-yielding and interest-rate sensitive shares, which were hit by the weak franc and lower bond prices. The Be!-20 Index of leading shares closed down 6.53 points, or 0.54 per cent, to 1,213.94. Volume in Belgian shares totalled 1.3 billion
        121 words
      • Article
        Toronto
        318 17 16.92 Toronto stocks opened weaker yesterday as the market corrected from sharp gains posted earlier this week, but dealers say the underlying tone is positive and possible interest rate cuts in Canada this week could lend further strength to the TSE. The TSE-300 Index fell 16.75 points or 0.48
        318 words
      • Article
        New York
        573 17 -4.6 Blue chip stocks fell yesterday morning under pressure from profit-taking, following a trend in the Japanese and European markets. At II am (1600 GMT), the Dow Jones Index of 30 leading industrials stood at 3,422.93. down 14.61 points. About 78 million shares changed hands. On Monday. Wall
        573 words
      • Article
        Milan
        167 17 ~1.87pc Shares closed weaker on a combination of technicallydriven selling and worries that a long-running political bribery scandal may bring further shocks. Extra uncertainty stemmed from Bank of Italy governor Carlo Azeglio Ciampi's revelation he had recently offered to resign. "It doesn't look like he'll go in the short
        167 words
      • Article
        Amsterdam
        257 17 -1.03 Dutch shares finished lower yesterday as a lower opening of Wall Street and a drop of sterling depressed sentiment. The EOE Index ended 1.03 points lower at 297.80 after lingering around just below Monday's close most of the session. Royal Dutch was actively traded and volatile. The shares
        257 words
      • Article
        Zurich
        259 17 -0.1 Swiss shares closed mixed yesterday but with sentiment positive in quiet trading after bargain-hunting lifted prices from earlier lows, dealers said. The SPI Index ended 0.1 points down at 1,298.3. Among mostly firmer financial stocks, interest centred on CS Holding and Swiss Volksbank. which CS Holding has ofiercd
        259 words
      • Article
        Untitled
        773 17 Britannia Funds Sterling t ash Bid Offer Mim Cap I Vpo-.il V4U0 Mim J«T*> CII IKrw 0.1969 Mini Max Income ****** *IOMJO L SS »h Income Plu> Fund t ''sou III'Kim PS Rexmc Fund 5.1400 5 2000 Sterling Kquili Euru Performance 0.45** 0444] Far FaM Fund 'J M.40 »2 *f,so
        773 words
      • Article
        Johannesburg
        302 17 +27 South African shares ended better yesterday as the market took heart from contin- ued foreign interest in local gold shares and other sectors found mild buying support in generally slow trade. A senior dealer said the market was set to move higher on improved sentiment and foreign interest
        302 words
    • Article, Illustration
      Lock icon HONGKONG
      2530 18 Reuter SHARE prices finished slightly higher yesterday after a day of dull, featureless trading, brokers said. The blue-chip Hang Seng Index was 2.87 points higher at 5,789.52 while the broader-based All Ordinaries Index was up 3.86 points to 3.086.71. Trading volume was a thin HKSI.S7 billion. Brokers expect trading
      Reuter; Source: Bridge Info  -  2,530 words
    • Article, Illustration
      CHINA
      436 18 THE Shenzhen B shares eased 2.21 per cent yesterday on the back of some mild profit-takings. The CLSA Shenzhen B Index closed at 1,729.51 with a reasonable turnover of 8.26 million renminbi. Petrochemical, rising 3.5 per cent, and Southern Glass, up 1.5 per cent, were the only two winning
      436 words
    • Article, Illustration
      Lock icon TOKYO
      2452 18 Reuter •TOCKS ended sharply lower in hin trade yesterday as the maret sobered up from euphoria ollowing last week's discount ate cut. The Nikkei Average dipped •elow 17,000 for the first time in •ver a week as a sharp rise in the en in the afternoon triggered cross-the-board selling,
      Reuter; Source: Bridge Info  -  2,452 words
    • Article, Illustration
      Lock icon BANGKOK
      1804 18 Reuter STOCKS traded lower across the board on consolidation yesterday with the stock index ending almost unchanged from its afternoon break, brokers said. The SET Index lost 8.25 points, or 0.84 per cent, to end at 972.68 on turnover of 6.29 billion baht. Declines were four times higher than
      Reuter; Source: Bridge Info  -  1,804 words
    • Article, Illustration
      Lock icon JAKARTA
      924 18 Reuter SHARE prices ended mixed in fairly active trade, brokers said yesterday. "The market is getting more liquid." one broker said. Investors' interest in the retailing sector was generally firm, bringing up prices of Hero supermarket and Matahari department store. Both were heavilytraded. with Hero rising 300 rupiah to
      Reuter; Source: Bridge Info  -  924 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2348 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Teeh Resources 5 864 000 Idris Hyd 50c 5.805.000 Multi-Purpose 1.3(3.000 Berjaya Group 3.315 000 Faber Group 1.547.000 Tan ("hong 50c 1.431.000 Kamunling 50c 763 000 Pub »k Foreign S72.000 Berjava Leisure 565.000 UAC Bank 50c 559.000 I niphoenm
      Source: Bridge Info  -  2,348 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Index-linked selling pushes prices lower
        4731 19 Bernama SELLING of index-linked counters took share prices here to a lower close yesterday although situational stocks continued to attract interest. The lack of fresh leads saw investors continuing to take profits after last week's gains which dragged prices easier from the opening. Dealers said
        Bernama; Source: Bridge Info  -  4,731 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Share prices finish higher with late rally
        1140 20  -  By R Sivanithy SINGAPORE Share prices closed higher yesterday on a late rally fuelled by rumours of a favourable goods and services tax (GST). The Straits Times Industrials Index ended 8.79 points higher at 1,624.52 yesterday. It had drifted south during the morning
        Source: Bridge Info  -  1,140 words
      • Article, Illustration
        Lock icon Tiger Medicals Ltd
        70 20  -  HOT STOCK Paul Leo TIGER Medicals Ltd. which is trading at 5i.93, is poised for a correction back to $1.70. The intermediate support is at SI.BO. Weekly and daily RSI are above 75, indicating an overbought situation. Weekly and daily stochastics are at 100, also indicating an
        SOURCE: BRIDGE INFO  -  70 words
      • Article
        Untitled
        4208 20 MAIN BOARD llish J IJBl Qwte Dh* DI»yi?.Vl M Cap y S Jr (WO) High Low Buyer Sdbr CV P/E Sail INDUSTRIAL AND COMMERCIAL 210 2H> r s Ate? a Hldgs 50c 210 +3 240 274 274 2ft 14 396 42 0 202.5- 153 s Amcol 25c 177 -I 501
        4,208 words
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      326 9 I A (Me /S&Sg7 To ck marhS^ s l South-East i§§§ta||Bk Aciq'c Rrwnifift op^rtunityknocks J H\M V lIIMII I Ml 11/ Who dares wins is the new motto. And the Year of the 1 lljlvi IJ JLy V/V/lliliiW Rooster offers ample opportunity for investors to show some gumption. Start by
      326 words
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      237 10 I V/vr/ tmcmtmCm. U yaw» II I Am*Art*A* f g^./ f g r<T If l\SMiwM«r, yam 1/*IchUHC t» I :|A P<if<t«e4e {toc-cawtoc dune*. jg 7fo I*ctudtA.- I/|§ ✓W Sabul S*tjk Sna&Mtt /yflfeb jFzy\ Vffct*Siu /MiSk I (E+tUftu a ftmuty —m aU uSU) Sp Vt&uxt (»ett ft*** wtlft MSM <M< W
      237 words
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      602 11 MM Asia Pacific —wmwm Management Centre 9 The Professionals in Executive Programmes Singapore, March May 1993 MANAGING INVESTMENT RISK USING OPTIONS, FUTURES AND OTHER DERIVATIVES 12Madi 1993 Ss34o APMC cam memb«r/Ss39o nram member ol fortMio KA otOpHon Mm rfODcy ana oyfipenc mwuiiwv tTogramme trading W/ IU ana uxxta Uuaranteodhunds Katanvv
      602 words
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      Page 13 Advertisements Column 1
      41 13 This announcement appears as a matter of record only. (D INDUSTRIAL AND COMMERCIAL BANK OF CHINA U5515,000,000 TRANSFERABLE LOAN CERTIFICATES FACILITY Arranger DBS Bank Lenders DBS Bank Monte dei Paschi di Siena, Singapore Branch Tat Lee Bank Limited Agent ©DBS BANK
      41 words
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      Page 14 Advertisements Column 1
      546 14 nB Things weren't I|P'exactly rosy when IX we first started in Singapore. I K jA Goin 9 through the beginning period of ony new enterprise, expect anything to crop up except |A fjjgji 0 bed of r °*es. In 1957. when our porenr compony from the lond of tulips first
      546 words
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      749 15 rjn Today morks the official opening of Radio-Holland's new plant cum ISO 9002 award presentation. I^/Ff= I I 6 Burgersdijk, I I His Excellency, C.M. von Honswiick de Jonae Chief Executive Officer of SAIT-RodioHollond N.V. Th* i m hn« n H ft r tk u k i JOnge I The
      749 words
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      596 16 _g_USJ_N ESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 NOTICE POWERQUIP PTE LTD (In voluntary liquidation Notice is hereby given pursuant to Section 308(2) of the Companies Act, Cap. 50 that the Final Meeting of members of the abovenamed company will be held at the office of Chia, Wong
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      21 16 As and "hen the latest London/Rotterdam prices are not available, the pre* ious trading day s closing figures are carried instead
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      44 18 \ou can earn your stripes in business and wear them too G4S03NI i■ i Retail Outlets *0 2-0 2 Centrepoint. 401-26 Chin.)town Point 0 2 -1 4 3 A Marin a Square. *01-0 7 Raffles City. »02-20 Wisma Atria and all leading department stores
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      61 19 IN SHARE FINANCING, COUNT THE COUNTERS AT CITIBANK. Ihiough oui Ecjuitv Inxestment I nit. itibank not only oilers you more counters to choose from, hut higher counter limits. And one ol the highest leverage (actors. I o get your share, just call our 24-hour (ItiPhone Banking toll-free on 1N00) 225-5225.
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      51 20 Cufflinks by Mondial Exquisite designs. Many to choose from. Italian-designed masterpieces in 18k gold set with precious stones. So, choose from our wide selection and make a statement today. w Main Showroom: Mondial Promenade s v lU 300 Orchard Road 01-06 The Promenade Singapore 0923 Tel: 734 2033/4 Fax: 737
      51 words
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  • SPORTS
    • Article, Illustration
      Watson faces keen fight in title defence
      510 21 Golf Preview of Hongkong Open SINGAPORE Defending champion Tom Watson will have to stave off the challenge of superstar Spaniard Severiano Ballesteros and several inform Asian players if he is to become the second player in history to win back-to-back Hongkong Open tournaments.
      510 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Basketball
        36 21 Reuter NEW YORK NBA results Monday: New York Knicks 120 Philadelphia 76ers 115 (ot); Washington Bullets 106 Houston Rockets 100; Utah Jazz 108 Orlando Magic 96; Los Angeles Lakers 108 Dallas Mavericks 100 (ot). Reuter
        Reuter  -  36 words
      • Article, Illustration
        Lock icon Golf
        228 21 AP Reuter Reuter SAN FRANCISCO Pro golfs richest tournament, the US$3 million Tour Championship, will be played at San Francisco's Olympic Club through 1994. PGA Tour commissioner Deane Beman and Olympic Club president Vince KildufT said on Monday that a contract extension will include this year's tournament. The Tour
        AP; Reuter  -  228 words
      • Article, Illustration
        Lock icon Snooker
        66 21 Reuter LONDON Thailand's James Waiiana readied the quarter-finals of I he Hiilish Masters with a solid 5-2 victory over l-lngla nil's Martin Clark on Monday. Clark held Wattana 2-2 at the interval, but the Thai fired in breaks of 74, 55 and 49 to reel off the next three
        Reuter  -  66 words
      • Article, Illustration
        Lock icon Soccer
        73 21 AP AFP LEEDS, England Premier League result: Leeds United 0 Manchester United 0. Leading standings (played, won, drawn, lost, goals for, goals against, points): 1. Man Utd 28 14 9 5 42 22 51 2. Villa 27 14 8 5 44 29 50 3. Norwich 26 14 6 6
        AP; AFP  -  73 words
      • Article, Illustration
        Lock icon Tennis
        202 21 AFP AP AP DUBAI Monday's results from the Dubai Open men's tournament finals. Singles Karel Novacek (Cze) b Fabrice Santoro (Fra) 6-4, 7-5. Doubles John Fitzgerald/Anders Jarryd (Aus/Swe) b Grant Connell/Patrick Galbraith (Can/US) 6-2, 6-1. AFP CHICAGO First round results Monday in the U*****,000 Virginia Slims of Chicago tournament
        AFP; AP  -  202 words
    • Article
      Lock icon When a winner is a loser
      791 21  -  Boxing isn't like the Super Bowl playoffs, says Dave Anderson Dave Anderson NYT NEW YORK He sat there perspiring in his purple satin robe with a few purple lumps under his eyes, but Jesse Ferguson was smiling. "I'm 35," this Philadelphia heavyweight was saying.
      NYT  -  791 words
  • Page 21 Advertisements
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      221 21 PAN-WEST comes to helping you ploy better Jk golf, we believe only on excellent (or every individual club in the set of golf dubs w,ll do justice to set; they actually flex and feel r rKwunve'l the full same consistency no LYNX IN AMERICA same as their State-of-the-art and American
      221 words
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      841 22 Nothing Beats A Budor ORGANISE YOUR OWN KARAOKE' It your very own Karaoke party! King's Hotel has come up with a Daily Karaoke package for groups of 10-200 people from 12 noon to 5 pm. After your Penang Buffet Lunch, the Ist round of drinks during your Karaoke sessions's on
      841 words
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      Page 22 Advertisements Column 2
      322 22 WHERE TO WINE, OINE AND ENTERTAIN The Second Best Way A Man Can Express His Love Come celebrate Valentine's Day in c special way. Express your love in oui 'Letters of Love' contest and win your lad) a Raymond Weil watch, c beautiful bouquet and c sumptuous cake, personally delivered
      322 words
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      Page 22 Advertisements Column 3
      348 22 |J| THEEtyrTWENT.^ I Enjoy an unforgettable evening of spectacular world-class I revues at the Neptune. And our Early Dinner Special menu I prepared by experienced Hong Kong chefs. I Free parking in the evening. I Showtimes: B.oopm to 8.30pm I 9.30pm to 10.00pm I a^hut I 7ih floor Ovo*» L'fuon
      348 words
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  • LIFESTYLE
    • Article, Illustration
      Paying through the nose
      617 23  -  Maggie Ford, reporting from Jakarta, looks at Indonesians' willingness to pay astronomical prices to see famous foreign artistes in the flesh Maggie Ford WOULD you pay US$5OO (SsB2s) a ticket to watch a performance by singer Natalie Cole? Indonesians will, and international promoters are rushing to
      617 words
    • Article
      Lock icon A museum that attacks visitors' prejudices
      619 23  -  Michael Miller looks at the Museum of Tolerance Michael Miller Reuter IT IS called the Museum of Tolerance, but in reality it is an assault on the mind, a mental challenge to visitors to decide if they are as tolerant and unprejudiced as they
      Reuter  -  619 words
    • Article, Illustration
      Hoover a transvestite and gay, say two reports
      438 23 CHATTERBOX TWO DECADES after his death, a new book and a television documentary are claiming that J Edgar Hoover, the oncefeared and admired FBI chief, was a transvestite and homosexual. Both the book and TV show claim that Mafia figures blackmailed Hoover
      438 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      63 23 11?" Jw %t Marina 'Bay §h/7** Upmantk Valentine s'Day {14th W'Dinner at IX7 China China Restaurant at MM f or 2 persons. {Teppanyaki or mini %aisek,i) Z&fol lincluswe of a complimentary glass of Champagne 'Plum unne and a giveaway Heart fruitcake of rose) JSfzjl 7>x rtsen'atums, please call the respect
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1236 23 TV RADIO Insight: Not Forever, if B.oopm, SBC 12 The De Beers' monopoly of the depended I on the basic dictum that scarciNow with h offered by unexsources the to mainthe its Earthvisions: Alligator, 9.30pm, SBC 12 the life its feeding I and breeding patterns. This 1992 f Tur** documentary
      1,236 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      100 ways to spoil Clinton's honeymoon
      1173 24  -  Special to BT Clinton and South-east Asia JUSUF WANANDI JUSUF WANANDI The writer is the chairman of the Supervisory Board of the Jakarta-based Centre for Strategic and International Studies. IT WILL TAKE a crisis in South-east Asia for the region to get United States
      1,173 words
    • Article, Illustration
      The Russians are coming
      2188 24  -  Special to BT BILVEER SINGH BILVEER SINGH The writer is a senior lecturer in the Political Science Department. Sat tonal I niversity of Singapore. AGAINST the backdrop of an isolationist America under President Bill Clinton, the Russians are coming back to Asia with a new respectability.
      2,188 words
    • REGIONAL
      • Article
        Seeking the return of the natives
        90 24 HANOI is launching a major drive to woo back millions of overseas Vietnamese (Viet kicus). A major conference for the Vict kieus was held on Feb 8 and 9 in Ho Chi Minh City. The government announced a host of measures to encourage the
        90 words
      • Article
        Feeling the cold in Manila
        78 24 PHILIPPINE President Fidel Ramos' crackdown on business monopolies has sent chills down the spines of some of Manila's corporate bigwigs. Businessmen who belong to dccadcs-old cartels arc pulling strings in Congress to block the granting of new franchises to prospective competitors. They are also lobbying
        78 words
      • Article
        Japanese bankers turning green
        76 24 AT LEAST six Japanese banks have expressed informally an interest in opening representative offices or full branches in Vietnam. But the US prevents them from formally approaching the Vietnamese authorities for a license. Japanese bankers now hope the embargo will be littcd within the first 100
        76 words
    • Article, Illustration
      Who will rule Cambodia?
      1890 25  -  Inside Cambodia Prince Sihanouk returned to Cambodia yesterday. Whatever the outcome of May's elections, the future will be tough for those jockeying for power Special to BT CARLYLE THAYER CARLYLE THAYER The writer is Associate Professor and Visiting Fellow in the Department of Political and Social
      1,890 words
    • Article, Illustration
      A house divided: the other side of Sihanouk
      1711 25  -  FACE TO FACE As Prince Sihanouk aims for Cambodia's presidency, one son joins the incumbent Hun Sen government while another leads a challenger party, Funcinpec. Prince Norodom Chalcrapong, who broke away from Prince Ranariddh last year to join Hun Sen as his
      1,711 words
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  • THE GST WHITE PAPER
    • Article, Illustration
      The whys and wherefores of the GST
      6279 26 No change in rate for at least 5 years after implementation GOVERN MENT will be introducing legislation for a comprehensive tax on consumption in the form of a goods and services tax (GST) this year. I his White Paper explains what a GST
      6,279 words
    • Article
      Appendix I
      3405 27 General Operation: GST is a tax on the final consumption of goods or services but collected at every stage of the production and distribution chain. The liability for GST arises each time goods or services are supplied in Singapore by persons registered with the tax authority, that is,
      3,405 words
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  • Article
    Lock icon US advised against punitive trade moves on China
    515 28 Experts say hard approach could hurt economies of Hongkong, Taiwan AFP AP WASHINGTON President Bill Clinton's administration could seriously hurt the economies of Hongkong and Taiwan if it adopts punitive trade measures against China, a panel of foreign policy experts said in
    AFP; AP  -  515 words
  • Article
    Lock icon Congress likely to extend fast-track authority for world trade talks
    529 28 Knight-Rider AP Reuter WASHINGTON The United States Congress will probably extend "fast-track" authority for trade negotiations by the Clinton administration if world talks are not concluded by March 2. A Senate aide said yesterday that fast-track authority allows the administration
    Knight-Rider; AP; Reuter  -  529 words
  • Article
    Lock icon UN sees 2pc growth in global economy this year
    205 28 AFP UNITED NATIONS The world economy will grow about 2 per cent in 1993, an improvement from last year's 0.4 per cent growth rate, according to a United Nations report published on Monday. The biggest improvement will likely come in Eastern
    AFP  -  205 words
  • Article
    Lock icon Bonn plans to privatise autobahn network
    317 28 Reuter BONN Germany's cashstrapped coalition government yesterday announced its intention to privatise the country's vast autobahn (motorway) network in the future. 'To finance a reform of the railways the coalition agreed on the goal of ultimate privatisation of the motorways. government spokesman Dieter Vogel
    Reuter  -  317 words
  • Article, Illustration
    Lock icon India eases silver import ban, cuts other duties
    289 28 Reuter NEW DELHI India yesterday announced sweeping customs concessions, including a relaxation of the ban on silver imports, to curb the flourishing black market. The most dramatic change was a new law allowing expatriate Indians returning home after six months abroad to
    Reuter  -  289 words
  • Article, Illustration
    Between the devil and the deep blue sea
    1031 28  -  The Bottom Line KEVIN CLARKE KEVIN CLARKE The writer, a eopy editor with BT. is an Australian A FORMER Australian Labor Party leader said many years ago that American voters faced a choice between two empty bottles. He has long sincc died,
    1,031 words
  • Article
    Manufacturers in Singapore optimistic about business climate, says study
    418 28  -  By Genevieve Cua SINGAPORE Manufacturers in Singapore are moderately optimistic about the general business climate for the first half of the year, buoyed by the recovery in the electronics segment. particularly in disk drives and peripherals. Their business sentiment improved in
    418 words
  • Article
    Only 4 bids for 3 big URA industrial sites
    423 28  -  By Colin Tan SINGAPORE Only four bids were received for three industrial sites in Tuas and Kaki Bukit when the tender for the government's first sale of large parcels of industrial land closed yesterday. Choy Chan Pong, land administration manager of
    423 words
  • Page 28 Advertisements
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      58 28 COMPAQ CFullmarlO FULLMARK MICRO PTE LTD TEL:22 1 3 6 2 6 A right royal welcome P,, roi?rn l P f N, Prince Norodom Sihanouk being greeted by a loyalist officer upon his 1 return to Cambodia yesterday. The prince returned to his country after a three-month convalescence in Beijing.
      58 words
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      10 28 FULLMARK MICRO PTE LTD TEL:22 1 3 6 2 6
      10 words
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  • Shipping Times
    • Article
      Philippine cargo throughput up with economic rebound
      425 29  -  From Al Labita In MANILA MANILA The rebound in the Philippine economy last year led to a surge in cargo traffic through Manila port, says the Philippine Ports Authority (PPA) in its 1992 annual report. Cargo throughput totalled 21.87 million tonnes, up 13
      425 words
    • Article
      Lock icon IMO to speed up safety measures
      191 29 Reuter LONDON The head of the UN agency for shipping safety, the London-based International Maritime Organisation (IMO), said he would seek to speed up the implementation of IMO initiatives. He would accelerate the process to improve maritime safety and prevent pollution from ships, IMO
      Reuter  -  191 words
    • Article
      Lock icon US Coast Guard probing suspected mutiny on ship
      379 29 Reuter HONOLULU, Hawaii A ship carrying more than 500 Chinese passengers was limping towards the Marshall Islands under US Coast Guard escort on Monday as authorities tried to determine what happened during a mutiny they believe took place on board. A series
      Reuter  -  379 words
    • Article
      Lock icon Freight market off to a slow week
      196 29 Knight-Riddcr NEW YORK The freight market got ofT to a real slow start for the week, with freight levels said to be basically unchanged and drifting sideways. No one seemed to feel that the major grain houses were holding strong order books for
      Knight-Riddcr  -  196 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1138 29 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkicl Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 ASCL 5 5 ASXCL Shpg 15 2 Avant Shpg 6 4/5 Avia Airways 14 4 Bait
      1,138 words
    • Article, Illustration
      German container lessor sets up regional office in S'pore
      452 29  -  By Dexter Lee SINGAPORE Fresh from its successful expansion into the US market last year. Paul Guenther Logistic Leasing (PGLL) of Germany has now extended its global container positioning (GCP) service to box operators in the Asia Pacific. The Hamburg-based container
      452 words
    • Article, Illustration
      Lock icon Swiss flag still flying high
      1300 30 Landlocked Switzerland's merchant fleet has managed to keep going with some assistance from the government and plenty of private initiative Lloyd's List SWITZERLAND'S decision against membership of the European Economic Area (EEA) could have a positive side-eflect for Swiss-flagged merchant shipping. So believes Eric Andre,
      Lloyd's List  -  1,300 words
    • Article
      WEEKLY FREIGHTS
      327 30 After several weeks of falling rates, the freight shipping market picked up last week, boosted by a technical recovery and the reduction in available cargoes that followed the fall in prices, traders said. The main market indicator, the Baltic Freight Index (BFI), finished the week 13 points higher
      327 words
    • Article
      DAILY FREIGHTS
      1447 30 Freight markets attracted a panamax timecharter fixing spree, mostly for intra-Atlan-tic grain trade, boosted freights, dry cargo brokers said. The Baltic Freight Index rose seven points to 1,299, showing panamax freight increases across the board and steady minerals routes. U.S. North Pacific/Japan grain rose to U5512.65 from U5512.61
      1,447 words
    • Article
      THE SHIPPING GUIDE
      11512 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,512 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        440 45 VtMd Voy Wo Berth Arrival Departure Vessel Voy Wo Berth <Wmal Ptpartae Union 403 P04 alongsKle 0902/1800 Atlas 1/A J11 alongside 1012/0600 Vetente 859W P07 alongside 1102/2200 fi alongside 10.12/1200 Yukn 103 P05 alongside 11.02/1200 Grand Wood 7 M/5 alongside 1012/1500 Bimantara 2 02S/93 P06 09 02/1600
        440 words
      • Article
        CONTAINER SCHEDULES
        1346 45 [i, a i [22 s>w> fey No Contanen avafat* |Shj> Voy No Cantatas avafat* Vtsfiva Pratu 43 Kuala Stak 5 012N COO(EST) 0902.93 2000 08.0293 0425 Seaiark 277N COO(EST) *****3 1500 Nan Prmce 48N 08.02 93 0755 Benarty 3042 COO(EST) 0902.93 1500 Vira Bhum 32N 08.02.93 0800 Srsamut
        1,346 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Qantas float expected in October or November
        321 48 AFP CANBERRA The public float of the government's 75 per cent stake in Australia's national airline Qantas is likely to take place in October or November, Finance Minister Ralph Willis said yesterday. The government expects to raise about As 2 billion (552.2 billion)
        AFP  -  321 words
      • Article
        Lock icon Bulgarian airline to be privatised
        239 48 Reuter SOFIA Bulgaria's state-run Balkan Airlines will be privatised by August and more than 100 foreign investors have been invited to bid for it. "We have invited 110 foreign investors to bid for Balkan Airlines." a company spokeswoman said on Monday. "They include airlines from
        Reuter  -  239 words
      • LOG BOOK
        • Article
          Lock icon Concern over lack of crew training
          65 48 AFP LONDON The lack of trained personnel to man ships at sea is leading to a "critical situation", and could worsen unless money is provided for training, the International Maritime Organisation warned on Monday. Secretary-general William O'Neil sai t ere was considerable concern among
          AFP  -  65 words
        • Article
          Lock icon MISC to step up ties with Bangladesh
          64 48 Bernama I Malaysian International Shipping Corporation (MISC) and Bangladesh Shipping Corporation have agreed to step up bilateral cooperation. An MISC director AMN Aziz, who visited Bangladesh last week, met top officials of BSC in the port city of Chittagong and held discussions on
          Bernama  -  64 words
        • Article
          Lock icon Ship to be salvaged off Sarawak
          64 48 AFP KUCHING The Sarawak state government has ordered a salvage operation for a ship which sank east of here last week with a highly toxic cargo, officials said vesterday. The 45-tonne ring Ann was carry ing 50 drums of a chemical used as a
          – AFP  -  64 words
      • Article
        Lock icon Japan car makers strive for ail-American image
        592 48 Made-in-USA cars to counter protectionist fears AP DETROIT A billboard high above Interstate 96 near downtown Detroit touts Nissan's new Altima sedan. A single word in large type accompanies the picture of the car: Homegrown. Toyota television commercials feature American workers talking about
        AP  -  592 words
      • Article
        Lock icon Air France, unions in deal to cut costs
        227 48 Reuter PARIS Air France said it signed an accord with its three main pilots and navigators unions that will lead to 260 million francs (5576.7 million) in savings this year and, eventually, to savings of about 400 million francs a year. The
        Reuter  -  227 words
      • Article
        Lock icon BA, Virgin seek to resolve dispute
        225 48 AP LONDON Top executives of British Airways (BA) and Virgin Atlantic Airways met on Monday in a bid to resolve their ongoing dispute over the British Airways "dirty tricks" campaign against Virgin. The scandal has rocked British Airways, prompting last week's early retirement of
        AP  -  225 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1318 48 ETA n*t ETD Wi SQ227 2230 RJ183 2335 Amsterdam GA895 1325 SQ324 2215 KL837 1545 KL838 2350 SQ323 1735 ftttrfdaiHf NZ21 1705 NZ22 1825 SQ288 2040 Bahrain GF149 0650 B Sari Begawan B1453 1105 SQ182 0930 SQ181 1425 ***** 2125 BI429 2030 Bangkok SQ69 1145 TG402
        1,318 words
      • Article, Illustration
        Lock icon GM sues NBC over alleged rigged crash test
        577 48 AP DETROIT General Motors Corp sued NBC on Monday, alleging that the Dateline SBC programme rigged two eartruck crashes to show that 1973-87 GM pickups were prone to fires in side impact crashes. GM said it was the first time it had
        AP  -  577 words
  • Page 29 Advertisements
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      19 29 For Fast Reliable Parcel Movement To Malaysia A Service by Rail-Link Express (S) Pte Ltd i Tel: t^'l? 23
      19 words
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      Page 29 Advertisements Column 2
      20 29 Lines and services represented by Members ef the Registry el Accredited /»4BSKu For advertising enquiries, contact Shipping Times: Tel 740-2MT740-2090.
      20 words
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      Page 29 Advertisements Column 3
      152 29 CARGO-PAK Ensure optimum protection far your cargoes during "Sißßr transport at law costs. SSto" FUJI TRADING (SINGAPORE) PH LTD vS2j TEL *****55 FAX: *****43 Swiss flag still flying high. Page 2 Qantas float expected in October/November, Back Page We Offer More Service We're there when you need us... East or
      152 words
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  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      612 30 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 MOO 0700 0100 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1100 1900 2000 2100 2200 2300 2.5 2J 2.1 2.8 2.1 1.5 0.9 0.6 0.5 0.7 1.1 1.9 2.1 37 3.3 3.0 2.4 1.7 1.1 0J
      612 words
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      Page 31 Advertisements Column 1
      3325 31 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES BOOKINGS TEL: *****34^*****58/ *****40 \llfffr I For advertising enquiries, CFS (PSA F5) TEL: *****21/ *****79 MMM jaroine shipping agencies son. BHD. Itbaaaatl contact ShiDDina TimesPETALING JAYA TEL: 03-*****76 FAX: 03-*****42 L wQCQF J WWIHBVI lIIIC9> naHiratori tr» n..->li«%, PENANG TEL: *****4 FAX: *****1
      3,325 words
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      Page 31 Advertisements Column 2
      1104 31 PASIR GUDANG LCL ACCEPTANCE CALL 233-868 FOR DETAILS Ve»iel Voy ETA ETD Feeder by I s» DESTINATIONS Ttw week Margreihe Maersk 9304 I C,S RS E KS|»:i S* XI ,t;i jg s;: »■> ><» »3 »,i I METTE MAERSK 9304 2/3 3/3 23(2 26 2 28/2 20/3 22/3 24/3 ,5,4
      1,104 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      983 32 AQABA R'DAM/ LI VOV NO S PORE JEDDAH (v.a JED) S TON H BURG ANT HAVRE Km 73 SEINE 28/105 10/2 27/2 2/3 ?8/7 HOECHST EXPRESS 07/305 13/2 23/2 1/3 3/3 6/3 8/3 10/3 jjaTSPSuFP TOKIO EXPRESS 09/106 17/2 6 /3 9/3 7/3 E2LS£S ,*****. KAMAKMRA 06/306 20/2 2/3 8/3
      983 words
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      Page 32 Advertisements Column 2
      542 32 IFCI Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd.. Sole Foreign Forwarder in Kabul for all services C.1.5.-Vootochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam e Mongolia Hungary CSFR t Poland coarrans AGENQES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA F—df VBsset VILLE DE LA FONTAINE 14/09 VILLE DE TITANA 'q'^
      542 words
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      Page 32 Advertisements Column 3
      1022 32 SERVICE INORASIA PEARL 9250-3 19/02 09/03 12/03fbni f?,-, JAPAN SEA 251W 25/02 02/03 14/03 16/03 l?/S !i/S2 18/03 17/03 11/03 15/03 CHMA SEA 252W 02/03 07/03 20/03 23/03 24/01 */2i 21/22 H /03 23/03 24/03 21/03 I NORASIA AL4MJNTAZAH 9247 1 JJk 18/02 HY EXPLORER 303E 16/02 20/02 26/02 27/02
      1,022 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1719 33 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Read #11-01 Keppel Towers Singapore 0200 Tel: *****88 Fax: *****17 mm*.*- MM «**VIC« TO C*l«oW* TWt y?* L* 11-12 Feb 13 Feb 14 Feb Ini if S Jn T 12 13 F,b 14 F,b 15 f SIR/UTS VENTURE VOSE Muara! MM Feb 22
      1,719 words
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      Page 33 Advertisements Column 2
      1703 33 Page 5 SINGAPORE AGENT: l oflj f** 0 Container# (Singapore Agencies) Pte Ltd yv -r\ viviliaillVla h an9 Road #07-01 KEPPEL TOWERS, SINGAPORE 0208 rn'w Jf!22i 51i 4564 PNOCSP Fa* 225 5327/222 7517 CR Number: **********0Z JMPQRT vessel vov -ma -pko sm alg sou ant hot ham REGMA MAERSK 9304
      1,703 words
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      Page 34 Advertisements Column 1
      727 34 I indone^l^ I M "WW I mm wm,mm| mx I wool wiiiiF" TO AUSWET" -1 pfflgl EAST COAST POUTS T*WM»«aS m/W m STORE STP IMEIB IMBS IfK AMI AMO lATAKARTA/737M U/2 12/2 25/2 21/3 5/3 *31 TBA/01S 17/2 lt/2 2/3 5/3 AWQ AUSTRAUA/42S 1/3 I 3/3 17/3 K 3 14/3
      727 words
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      Page 34 Advertisements Column 2
      1241 34 0 HANJIN SHIPPING ™EUXSTO« 01SE 20/2 {gj JJj o(41 OJ(f JJ, winBMF n/3 in isnr 3 a i\ v< rIANAN FOHANG 12K 22 2 H. HASAN 077t 11/3 U/3 HAMM Mil MX i,\ u JrmrZrS- i,i i!Z SiSmnx 25/3 ttSZSiim i/l ImSFm?* £i Jg SS .fi JS^r 04 i /4
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      681 34 JJ I-J. ]-J lisuviL I°,i", ™j l"! "j ™»w Ti »S3 ill Jg IS! E! S3 r,„ |gSBB»SSS OS K K3 I M.SO ACCEFTMG CARGO TO: 27/4 »/4 1/5 Ll/5 21/5 25/5 */5 2< 3SSIS. nc*** MCKSONMLLL, I) MONTREAL. TOMNTO MA KR TOM I orto MAJOR T«nMßg otsnnrmß I Issn&t
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      1137 35 PLEASE DIAL 1-800-*****00 (toix-FREE) U II FOR ALL BOOKINGS (NOL SERVICES) I II ""I SCX: Connecting G. Pegasus Voy fIE In Hkg I *B2 SCX: Connecting C. Jupiter Voy B2t In Hfcg I v U FEEDER VSL VOY I SOP MOTHER VSL VOY I SET PLD VESSEL VOY SCP LOS
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      Page 35 Advertisements Column 2
      307 35 HEUNG-A SHIPPING I Korean Flag Vessels FULLY CONTMNBUSED SERVICE TO: HONGKONG, BUMN, MCHON, MM STRAITS/KOREA SERVICE KL SM m N K an CHOVMK JUN NUOS 07/02 11/02 15/02 IJ/K 20/02 2J/02 lEEWMO 30M 11/12 10/02 23/02 27/02 01/03 02/03 HO. (00MM 302* 20/02 23/02 04/03 00/03 10/03 11/03 aoim IMB
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      153 35 CENTENARY SHIPPING SERVICE I WEEKLY FOLL CONTAINER DRECT SERVICE I SINGAPORE/HO CHI MINH CTTY Now providing Container Trucking toVungtau, from Ho Chi Mlnh Qty VESSEL S NAME VOV. NBN ETA/P S'POWE ETA/D HCM CfTY TANAN AM 7SN/S 09 08 FEB 1212 FEB 93 TAMAN AM 79N/S 19 16 FEB 19-19
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      Page 35 Advertisements Column 4
      799 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA* *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—DISCHMtGMG wenman ""IWMP-LCMPHG nwcwpffl)
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      1460 36 K "W W" M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/EV9 > U MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD 1 JL m Mmjf JL MZJ tel sa *****00 pk *****75 pen *****0 jb *****1 pgu *****^6 wmmm KAWASAKI
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      Page 36 Advertisements Column 2
      682 36 PHILIOniCNT LINGS PT€ LTP K 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... IVE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION r-^ I 18 FEB SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 18 FEB AUCKLANO, WELLINGTON.
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      Page 36 Advertisements Column 3
      376 36 GOLDEN LINEN ICGCV GUAM GUAM SNPPM6 (PTE) LTD 1 awl* bm atrai mm TR: U43MS (II LKS) Fk U43SM (a M. IIUfSSMMW) BjiMfflMMMmßgg S pore P Ketone Penang Gam KM Karachi/Cuba/Damum 11/17 Nfe IMH CHKX Kaada/Ma 2/3 Ma ruiHA "*TICI COLKN WMO China Ports 11/20 Feb NONE Ql 1» China
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      Page 37 Advertisements Column 1
      1008 37 (PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I CR NO: 100e*****00£ J flSTTflcTltin ■ffyrnfl ÜbmLUmu w M .fj ;i BMBWHiiBiBBi VESSEL VOV SIN BKK SIN VESSEL VOV SIR JKT SIN EQUATOR CRYSTAL 129N 1311 l«/ 2 on/, BUNOA TERATAI 31*3 11/2 13/2 W/2
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      Page 37 Advertisements Column 2
      1563 37 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p P. GUDANG PENANG P KELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) E M 12/2 13/2 ALSIA 3052 i 6/2 573 ioTS E J!i£ 19/2 20/2 BENAVQN 3062 23/2 12/3 W3 1573 1773 26/2 27/2 JUTLANDIA 3072 2/3
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      Page 37 Advertisements Column 3
      295 37 I BSA° TRANSPORTATION M MYANMA WMlk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) MYOMA TWA VI46W MYITKYMA V4MW It/17 Fab AVA VI2OW 16/19 F«b 13/15 FA MAIAYSIA AGENTS BOUSTEAO SHTPW AGENCIS <13-2****** na ran attw KM: IE 04-*****5 PGD TU 07-*****1/4 .NIGERIAN NATIONAL M SHIPPING LINE WP
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      Page 40 Advertisements Column 1
      1362 40 I Conventional Semi-Container Full Container I Liner Services Liner Services I General Agents: Seeking Agents General Agents: Beekkm Agents: Malaysia's Agents: Indonesia's Agents: I Wc* Fang Shipping t a** r*m Costtr Shipping Ml LU r I.H S*«* UCWMaMxAMta I Enterprise Co Ltd Ctatn S4a BM Pt»LUiWe%t Africa only) 2Mtstrißoacl 47
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      Page 40 Advertisements Column 2
      495 40 ONTO TO HONGKONG, TAIWAN, MANLA I JVM "TWICE WEEKIY" IMLACCA STRAlT^BNlC^^^^^^^| OUIBOWD HOT m KM XT aw mm. Ms uo Kg TYO roK ag wco ko» nraa w Is Im w a —l "h* u« "iw ttt2 a«2 an mfaF HaH iiiT TUT 1102 i?p it«j —11 B 118 nn
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      Page 40 Advertisements Column 3
      369 40 DIRECT BREAKBULK/CONTAINER SERVICE TO MANILA MV. OCEANIA EXPRESS VBO ETA 27/2/93 (HEAVY LIFT AVAILABLE UP TO 45 TOMS) SHGAPORE SEAWAY SHIPPING PTE. LTD. SBS 42 VATftfl (GENERAL AGENT) NATWST CENTRE #15-03. SPORE 0106 TEL: *****33 FAX *****53 TLX R*****8 KC9 JB TJ?"* SUUS 03 *****70/1 FAX 03 *****69 TU MA
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      Page 41 Advertisements Column 1
      632 41 (fc FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) UMASSOL/PBEAUS 13/2 ROTTERDAM 13/2 HAffA/ ASHDOD/ ALEXANDRIA 13/2 HAMBURG/BREMEN 13/2 MARSEILE/FRANCE 13/2 FELIXSTOWE/UK 13/2 BARCELONA/SPAIN 13/2 LEHAVRE/ANTWERP 13/2 GENOA/ITALY 13/2 GOTHENBURG/SCANOMAVIA 13/2 LOS ANGELES/WC/IPI 13/2 SYDNEY/MELBOURNE 11/2 NEW YORK/EC 13/2 FREMANTLE/ADELADE W2 VANCOUVER
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      Page 41 Advertisements Column 2
      626 41 S) RICHFIELD MARINE AGENCIES (S) PTE LTD W TEL: *****33 (12 Lines) K FAX: *****15/*****03 ftUJ TELEX: R3 ***** RISHIP (3 Lines) |l® ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTINQ FCL AND CONVENTIONAL V€SS€L |VOV ETA LOADING FOR SPORE A NCHNE T ?9WB 26/03 OARESSALAAM MOMBASA DjeOUTI ASSAB MASSAWA
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      Page 41 Advertisements Column 3
      978 41 JAKARTA BANGKOK wr mi [mm. TwH acvw rr im mpi m/ 2 g. noaNistv T5T 1 wT? \m RAM BHUM CSS 12/2 16/2 MAHA BHUM 144* Wtd MPI Sui ~u7i Kill BHUM 17S 13/2 17/2 MRU BUM <3N Fri 12/2 Mw 15/2 NANA BMUM UB 17/2 W2 i»L I J/I
      978 words
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      Page 42 Advertisements Column 1
      1135 42 GROUPAGE 877 g£Sggfl&«, I HKG/TWN/BKK I GOTH/U.K/MED PORTS p EN PKL SIN pFN pK |N 14/2 15/2 16/2 K«! Ldn/Fb/Rdm/Ant/LHV 11/2 12/2 13/2 17/? IS/? S?'s 1 G'burf/Chafefl/Slwlm/Oslo 14/2 15/2 16/2 1//Z 18/2 19/2 Hone Kon C 21/2 22/2 23/2 W2 12/2 13/2 Keeiune/Kaohsiunt Genoa/Barcelona 12/2 13/2 14/2 18/2 19/2
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      Page 42 Advertisements Column 2
      992 42 Shipping Times, Wednesday Fefcraary It It I THONG SOON LINES PTE. LTD.I I I ZS 77 ROBINSOW r OAO #15-00, #16-00 Stt BULDMG SMGAPORE 01M I I TR: ***** M FAX NO: *****11. *****22 I I II TLX: RS ***** CAIRO, RS ***** JENHOL CABLE: TOSOCO I It- wwewiKWAUmffA—\ IJB
      992 words
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      799 43 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTIHG BREAKBU.K SOC CARGOES TO/FROM KOK. YOKOHAMA, NAGOTA, MOR. TOKYO*. MA MIA*. DAVAO*. Pnunf* P Kciinf Sai( apart [Via* AARARCWAETTVI« 12/1) M SHAPUCHEAETT »14t jt/27 F RAWUWKTT »15t lj/» U» ARAMVUETT VIU 07 M Apr ACCEPTMG UtEAKBULK FCI SOC CARGOES TO/FROM QfTTAGONG. CALCUTTA
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      Page 43 Advertisements Column 2
      330 43 SiORY NAWfiATMW 555? REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VI 10/2 13/2 16/2 26/2 GLORY SELATAN V 25/2 28/2 3/3 13/3 SP PKL HCM HK KAO GLORY SELATAN X 8/2 13/2 19/2
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      Page 43 Advertisements Column 3
      577 43 #PGSL -WORLDWIDE PAWAMA -GLOBE STEAMERS LINES REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU A SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER NO 2 Connecting Feeder to Shantao LIAN BO NO 9 WE HV LEASING CONTRS FOR RENTAL SAILING TO PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO
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      Page 43 Advertisements Column 4
      399 43 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN ALSO CALLING PT. ELIZABETH/JOHANNESBURG TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN ALSO ACCEPTING CONTAINERS TO TUDCOWN/ BANGALOWE/COCHiI AND NEW DELHI WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: A SEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST
      399 words
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      Page 43 Advertisements Column 5
      390 43 SHI FAR EAST 16/2 KEELUNG/KAOHSIUNG 13/2 BANGKOK 15/2 MANILA/CEBU 14/2 JAKARTA/BELAWAN/SURABAYA 15/2 PORT KELANG/PENANG/E. MALAYSIA 15/2 BUSAN 14/2 TOKYO/YOKO/KOBE/NGO/OSA 15/2 HONG KONG $W CNJjU (+H#±»«n) 15/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN SHANGHAI XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SMI EUROPE/UK 13/2 LDN/FLX/LVP/SOU 13/2 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SjN USA/CANADA
      390 words
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      Page 44 Advertisements Column 1
      610 44 HONG KONG/CHINA 15/2 JAKARTA 14/2 BANGKOK 13/2 MANILA 15/2 BUSAN 15/2 KEELUNG 16/2 TOKYO/KOBE 12/2 KAOSHIUNG 13/2 Pm KELANG/PENAN6 15/2 YOKOHAMA 14/2 COLOMBO 16/2 FEUXSTOW^IAMBUHG^ CHITTAGONG/MADRAS 15/2 ROTTERDAM/LE HARVE 13/2 BOMBAY/KARACHI 12/2 ANTWERP 13/2 CALCUTTA 10/2 LAX/NYC 14/2 SYDNETMEKOUR!E^^^IW^^^^^| CMT LINER EXPRESS AGENCIES PTE LTD BHwl HOT-LINE *****88 For booking
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      Page 44 Advertisements Column 2
      429 44 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. FREMANTLE 15TH FEBRUARY ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 14 FEB JAKARTA 14 FEB PENANG 18 FEB PORT KELAN6 18 FEB AUCKLAND 18 FEB SYDNEY 18 FEB MELBOURNE 18 FEB BRISBANE 22 FEB HAMBURG 13 FEB FELIXSTOWE 13 FEB GOTHENBURG 13
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      Page 44 Advertisements Column 3
      306 44 Shipping Times, Wednesday February It IIW This Week's Sailings r u tsr h ji r»: etd I "^=S? ,N I. Singapore Singapore ISO 9002 BY LRQA EVERY EVERY Bangkok st)N Hamburg SAT rh EVERY EVFRY I l w\ Manila SUN Ho Chi Minh FRI EVERY fvfpv \\VW//|.SLI 1 Colombo I
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      Page 44 Advertisements Column 4
      268 44 1 I NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHVNEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L, BANGI, SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart Singapore
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      Page 45 Advertisements Column 1
      1198 45 The Straits Times Weekly Overseas Edition HOME BROUGHT CLOSER BJKg NEDLLOYD ROUEN VOY 3203 ETA 21/2/03 DIRECT CALL TO NEW PLYMOUTH (NZ). nFJ- T7 s, z rr- .s s ssuss «s £3ssk3 si ss £S- 11 11Ti I I 1 G Bbum -B. Seroia 5/3 3/3 NIL. Asa/2043 9/3 27/3
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      659 46 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.G LOADING FOR: A VESSEL 29/2 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR: A VESSEL 15/02 20/02 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCH EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
      659 words
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      Page 46 Advertisements Column 2
      461 46 J BHb EES FREIGHT SERVICES PTE LTD J HHaCi #01-60 Wallich Building, I Wallich Street, Singapore 0207 Tel: *****66 (10 Lines) Fax: *****69/*****44 I "CORNELIS VEROLME" "MARJON" lIOOCL FRIENDSHIP V.35E| I V.304 II V.044N ETD SIN: 12/2/93 I I ETD SIN: 20/2/93 ETA SIN: 14/2/93 ETD DEST: 16/2/93 I I
      461 words
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      Page 46 Advertisements Column 3
      847 46 Shipping Times, Wednesday February lIIM3 ST] w is g*~i FeZTe 9 JS£ MelbOUme 18/? J Hong Kong 15/2 Felixstowe 11/ l EBSEBEH Kftehinn" 9 35 Rotterdam 13/2 Bombay 15/2 I Jakarta 14/2 Calcutta 14/2 Manila 15/2 Chittagong 18/2 Lax Nyc 14/2 Karachi 15/2 •We travel all over Madras 11/2 states
      847 words
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      941 47 ▲HYUNDAI MERCHANT MARINE CO. ITD. WESTBOUND TO EUROPE KSSO-S VQY PfW PKt PGP VESSttS VOY_ Ml RTM AWT* LEW* HAM Bttj fa I 9/2 11/2 13/2 aFREEDOM 303* 14/2 5/3 5/3 6/3 7/3 7/3 9/3 16/2 1,72 20/2 H v t O r 302* 21/2 12/3 12/3 13/3 14/3 u/3
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      567 47 |l STRAITS/ JAPAN/ STRAITS SERVICE 11 SPECIALIST M RO-RO A HEAVY LIFTS I I INBOUND VESSELS ||l «S*l NT V n UC U II I ALISMN II an 18/t Ml 14/2 I I CASMK MASTEA 11 14/2 11/2 I I I Hit MM 2t 21/2 MM l?/2 I I ASIAN
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      Page 47 Advertisements Column 3
      806 47 I JEDDAH/LK/COKnNENT II OTPtiti ivMcft 1/MC $*TOR HBK RDMtf L£N •Mm Acciptoi Carta fm I TOKO imss M/1K \li\ IM/3 SaiHuMptan :Itd IK dntejian. Mist art MM I «Sc 11/2 */3 1/3 7/3 Rotttrdan •t. JMwrTnZL I KAMMIMn/i» K/« 2/1 11/1 13/3 15/3 17/3 »*»■»>» I*rflMkita. MntartMhT II 27/1,7 l»iU-
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