The Business Times, 11 February 1993

Microfilm: NL18516
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    14 1 SINGAPORE BusinessTimes WE KNOW ASIA MITA (P) 552/12/92 Thursday February 11 1993 75 C
    14 words
  • 2am LATEST
    • Article
      Lock icon Ford reports record US$7.4b loss
      45 1 AFP DETROIT, Michigan Ford Motor Co, the sccond-largcst US carmaker, has announced a record US$7.4 billion (5512.2 billion) loss (U5515.61 per share) in 1992 due to spccial chargcs. The loss was less than the US$B billion cxpcctcd by analysts. AFP
      AFP  -  45 words
    • Article
      Lock icon Japan urged to cut car exports to EC
      102 1 Reuter BRUSSELS A senior European Commission official has urged Japan to cut its car exports to the European Community this year to reflect a slump in the market or risk provoking a crisis in EC-Japan trade relations. "Japanese imports into the Community
      Reuter  -  102 words
  • Article, Illustration
    MARKET SUMMARY
    109 1 Stock market indices Wednesday Chance SHI 1.623.90 +1.38 KLSE Composite 638.62 -1.35 Nikkei I7.W9.90 +67.63 Hang Seng 5,835.55 +46.03 SET Index 990.13 +17.45 Jakarta Composite ...299.39 +1.48 CLSA China B ......1,607.57 -34.95 Ausl All Ord 1.590.6 +6.7 FTSE 100 2.816.4 -14.9 Wednesday Previoas Ham dose Dow Jones 3,406.73
    109 words
  • Article
    Lock icon Lien Chan named as Taiwan's Premier
    148 1 AP TAIPEI President Lee Teng-hui yesterday named a Taiwan-born politician as premier in a historic move that transferred power from old guard Nationalists to a younger generation. Foljowing weeks of intense infighting within the governing Nationalist Party, the party's 29-membcr Central Standing Committee approved
    AP  -  148 words
  • Article
    Shippers feel relief but brokers and retailers express concern
    645 1  -  Singapore Goods and Services Tax By Conrad Raj SINGAPORE Businessmen, accountants and analysts yesterday were busy digesting the details of the Goods and Services Tax (GST) unveiled by the government in a White Paper on Tuesday evening. Many of the business
    645 words
  • Article, Illustration
    Pudong: Japanese dig in near shelved Singapore project
    501 1  -  By Yong Pow Ang SINGAPORE A Japanese group is investing in a land development project in Pudong near where a Singapore government project has failed to take off. Fujita, an Osaka-based construction group, is developing 100 hectares of land in Pudong's Jinqiao
    501 words
  • Article
    Lock icon Senior Tokyo officials pushing for another cut in discount rate
    531 1 Reuter TOKYO Senior Japanese government officials say they are actively pushing for further steps to stimulate the economy, including yet another cut in the Bank of Japan's discount rate. Additional moves may be needed before the Group of Seven (G-7)
    Reuter  -  531 words
  • Article, Illustration
    Ex-Amcol MD acquitted, CAD files appeal
    382 1  -  By Conrad Raj SINGAPORE Supporters of former Amcol Holdings managing director Kang Hwi Wah applauded and cheered yesterday when he was acquitted of a corruption charge after a month-long trial. But soon after, the Commercial Affairs Department, which prosecuted him, filed an appeal against
    382 words
  • Article
    Lock icon Tokyo to adopt plan for more shareholders' rights
    132 1 AFP TOKYO An official Japanese advisory panel proposed Wednesday that the commercial law of the country be revised to expand the rights of shareholders, officials said. The justice ministry will formally adopt the proposals late this month and submit bills to parliament
    AFP  -  132 words
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      167 1 i C32TR Cassette Receive, DSP Sound Processof/CD Chenge. Coolro< FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. *****33 Kuala Lumpur Phone 757 0233 l*Maag: Phone *****5/*****4 Jakarta; Phone 374 065/380 1472 CONTENTS I Notts CofOTn S pore News 2 S'poretfsa .9.10.11 fe®owl News 3.4.5 Finance 13.14 World News 7,8 FMlws ftbvfcsCs
      167 words
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      22 1 Law Page The sack: shareholders not s/Hired Pg 25 Retailers urge refund for tourists Concern over treatment of stockbroking fees, Pg 2
      22 words
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      10 1 Hock Lock Siew Aetna's minority holders hopping mad Pg 9
      10 words
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      119 1 The Bottom $jjne\ i FEB 1993 hi) Jakarta's ne\\V«ga/ tai\\s Hdatnietj/jtitk 1/te Chairman wasfamedfor his swimming efforts But few knew that afterwards he induCged himseCf at the Qrand (Pavition It's quite true. Many chief executives have Seen known to indulge in the authentic Cantonese delights of the Grand Pavilion after
      119 words
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      8 1 CERRUTIIBBI SWISS WATCHES Time is on my side
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Sea cargo volume keeps growing
        329 2  -  By Rahita Elias SINGAPORE'S sea gateways are expected to continue posting record-breaking performances over the next few years. Total cargo volume grew by 15.5 per cent last year to hit 238.4 million tonnes. For this year, the Port of Singapore Authority has projected that containerised
        Source: PSA  -  329 words
    • Article, Illustration
      Lock icon Overseas investment must not be at expense of domestic production
      523 2  -  ESU economic forecasting workshop Reports by Anna Teo PUSHING overseas investments without heeding the impact on domestic production would depress GDP growth, says the Econometric Studies Unit (ESU) of the National University of Singapore. The ESU, which has revised its
      Source: NUS/ESU  -  523 words
    • Article
      Mammoth investment projects in China being discussed
      106 2 SINGAPORE is incubating several major investment projects in China, each of which will exceed the nation's cumulative investment in China for the past 13 years, China's outgoing ambassador to Singapore, Zhang Qing, said last night. Mr Zhang gave no further details of the
      106 words
    • Article
      Applied Materials may set up regional HQ in Singapore
      220 2 THE American semiconductor equipment supplier Applied Materials has set up a sales and technical support office in Singapore in anticipation of strong regional growth. And the firm says the office, which opened yesterday, could eventually become its South-east Asian headquarters. Asia-Pacific
      220 words
    • Article
      An index weighted on foreign trade factors
      280 2 TWO ECONOMISTS have come up with a new leading economic index that is heavily weighted on factors affecting foreign trade. Chow Hwee Kuan, a lecturer in the National University of Singapore's department of economics and statistics, and Choy Keen Meng from Nanyang Polytechnic,
      280 words
    • Article
      Moderate wage rises won't hurt economy
      273 2 OVER the long term, moderate rises in nominal wages would not hurt the economy if at the same time it hastens economic restructuring, said a university economist yesterday. To see the effect of rising wage costs on the economy, the Econometric Studies Unit team
      273 words
    • Article
      Analysts estimate 2-spc cut in corporate tax
      599 2 Goods and Sertifc* TO***- SINGAPORE broking analysts have estimated that the size of the corporate tax cut to compensate for the proposed Good and Services Tax next year would be between 2 and 5 per cent. Those who go for the high end
      599 words
    • Article
      Good news for international transport companies
      429 2 THE TAXMAN gave international transport companies some good news yesterday, announcing that most of their services will be zero-rated under the proposed Goods and Services Tax. The Inland Revenue Authority of Singapore said in a statement: "Supply of airline tickets or tour packages bought
      429 words
    • Article
      Employers fear workers will ask for more pay
      458 2  -  Reports by Chuang Peck Ming, Quak Hiang Whai, Rahita Elias, Colin Tan, Hong Lee Tiam and Helen Chang EMPLOYERS have expressed concern that the goods and services tax, which comes into effect in April 1994, will put upward pressure on wages. Employer
      458 words
    • Article
      Call for GST paid by tourists to be refundable
      328 2 THE Singapore Retailers Association (SRA) wants the government to consider making any goods and services tax payable by tourists refundable. SRA president B L Teh said Singapore, as a tourist destination, had already an expensive image. With the tax, tourist-de-pendent businesses,
      328 words
    • Article
      Contractors expect minimal impact on profit margins
      369 2 MOST CONTRACTORS expect the GST to have little impact on their profit margins. But some are worried about projects wjth completion dates afar April 1, W94 the day me tax comes/into effect. Singapore Contractors' Assoqjappn president KdPkg Mun Kwong said: "As far as
      369 words
    • Article
      Small companies welcome exemption
      205 2 SMALL COMPANIES enjoying exemption from the proposed goods and services tax have generally welcomed the plan, saying it might make them more competitive against larger companies. Under the GST proposals, outfits with turnover of less than $1 million will not collect GST from customers. "Overall, that
      205 words
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      23 2 DANIEL HECHTER PARIS distinctive menswear Boutique: 435 Orchard Rood #01-29 Wisma Atria Singapore 0923 Tel: 733 5842. Also available at leading department stores.
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  • THE REGION
    • Article
      Lock icon Mitterrand urges Clinton to lift embargo on Vietnam
      419 3 Hanoi hails visit as marking complete reconciliation Reuter AFP HANOI French President Francois Mitterrand, the first Western head of state to visit Vietnam, yesterday urged US President Bill Clinton to lift the embargo that Washington imposed on Hanoi in 1964. Mr Mitterrand
      Reuter; AFP  -  419 words
    • Article
      Lock icon Gunmen kill two Cambodians near area where French president is to visit
      264 3 AP PHNOM PENH Unidentified gunmen killed two Cambodians yesterday near the French Legionnaires compound in north-west Cambodia that French President Francois Mitterrand was due to visit. Initial reports said a Portuguese tourist and 10 Cambodians were hurt in
      AP  -  264 words
    • Article
      Lock icon Malaysian rulers meet but no end to impasse in sight, say analysts
      275 3 AFP Bernama KUALA LUMPUR Malaysia's hereditary rulers yesterday ended the first day of a twoday meeting but analysts saw little hope of an end to an impasse over the government's plans to strip them of immunity from prosecution.
      AFP; Bernama  -  275 words
    • Article, Illustration
      Lock icon Need to settle Indon-PNG border issues: Suharto
      339 3 AFP JAKARTA Indonesian President Suharto yesterday welcomed the Papua New .Guinea (PNG) premier with a warning that the two countries should resolve issues concerning their border lest they harm bilateral relations. "If issues on the border arc not properly tacklcd, they could potentially
      AFP  -  339 words
    • Article
      Russian vice-president to visit Malaysia, NZ
      324 3  -  From John Helmer in MOSCOW RUSSIAN Vice-President Alexander Rutskoi will visit Malaysia, New Zealand and possibly Australia at the end of this month. The Kremlin has announced that he would leave Moscow on Feb 27 but did not say how long he would spend
      324 words
    • ASIA NOTES
      • Article
        Lock icon Say no to Dalai Lama visit, Thais told
        84 4 AFP BEIJING China yesterday warned Thailand not to aeeept a planned visit next week by exiled Tibetan leader the Dalai Lama. The Dalai Lama is not a purely religious figure. He's been engaging in political acts aimed at splitting the motherland for
        AFP  -  84 words
      • Article
        Concrete linked to lung cancer in HK
        98 4 HONGKONG Naturally-occurring radioactivity in concrete used in virtually all buildings in Hongkong has been linked to 13 per cent of all lung cancer deaths in the territory, a local lecturer said yesterday. Peter Yu, a lecturer in the City Polytechnic department of applied
        98 words
      • Article, Illustration
        Lock icon Pearl of Asia on display
        78 4 Reuter TOKYO The priceless Pearl of Asia, 7.6 cm by scm in size and weighing 114g, was shown by a Mikimoto and Co worker in the firm's Ginza headquarters here yesterday. The pearl, decorated with jade, ruby and other precious gems, was discovered in the
        Reuter  -  78 words
      • Article
        Lock icon Radical reformist is Sichuan governor
        71 4 AFP HONGKONG South-western China's Sichuan province has elected Xiao Yang, a protege of disgraced party chief Zhao Ziyang, as its new governor, it was reported yesterday. The Sichuan people's congress in Chengdu on Tuesday elected Mr Xiao, 63 radical reformist who has been vice-governor of
        AFP  -  71 words
    • Article, Illustration
      Lock icon New South Korean leader urged to get tough on economy
      368 4 President-elect must resist populist demands, says former finance minister Reuter SEOUL South Korea's President-elect Kim Young Sam must accept that he cannot please all the people all the time and should push through tough economic policies, a former finance minister
      Reuter  -  368 words
    • Article
      Lock icon Call for greater autonomy for China's masses
      251 4 AFP BEIJING China's official Communist Party newspaper said yesterday it favours a broad decentralisation of power and the "right of speech" for the masses. In an article headlined "Decentralising Power" and directed at authoritarian party cadres, the People's Daily newspaper said the key
      AFP  -  251 words
    • Article
      Lock icon China firm in talks to supply copper cables to Taiwan
      323 4 Reuter HONGKONG China National Nonferrous Metals Import Export Corp (CNIEC) is in talks with Taiwan wire and cable companies to supply them with copper, says Fang Dacheng, president of China's state metals trading company. "As a trading company, importing only
      Reuter  -  323 words
    • Article
      Lock icon Taiwan air force ready to form first fighter unit
      212 4 AFP TAICHUNG Taiwan's air force announced yesterday that it is ready to form the first unit of its home-produced Indigenous Defence Fighters (IDF). The role of the fighter, dubbed the Ching-kuo, is to strengthen the air defence of the island and
      AFP  -  212 words
    • Article
      Lock icon Tokyo's January trade surplus expected to rise by 15pc
      470 5 1993 surplus will be another record, say economists Bloomberg Business News TOKYO Japan's unadjusted merchandise trade surplus rose 15 per cent to US$4.4l billion (557.27 billion) in January over January 1991, according to a Bloomberg Business News survey of seven economists,
      Bloomberg Business News  -  470 words
    • Article
      Singapore could be India's link to East Asia: BG Yeo
      349 5  -  From Salil Tripathi in BOMBAY SINGAPORE could be India's most convenient point to plug into the economy of East Asia, the Minister for Information and the Arts, George Yeo, said yesterday. He was speaking at the National Economic and Political
      349 words
    • Article
      Lock icon Socialist Party chief rapped over remarks
      133 5 Asahi TOKYO The new secretarygeneral of the Socialist Democratic Party of Japan, the largest opposition party, is under fire within the party after making a series of controversial remarks on two of the most politically touchy subjects the liberalisation of the rice market and
      Asahi  -  133 words
    • Article, Illustration
      Lock icon Confidence gone out the window
      47 5 Reuter wpposmon leaaer jonn Mewson, on a meet-the-people walk through a western bydney suburb yesterday, gesturing at signs on an empty store window which blame Prime Minister Paul Keating for Australia's economic woes. Australia goes to the polls on March 13. Reuter
      Reuter  -  47 words
    • Article
      Lock icon World Bank affiliate urges Indian reforms to attract foreign capital
      273 5 Reuter BOMBAY India must compete for foreign investment by removing limits on ownership, cutting tariffs and corporate taxes, and reducing red tape on exports, the International Finance Corporation (IFC) said yesterday. Sir William Ryrie, executive vice-president of the IFC, a
      Reuter  -  273 words
    • Article
      Lock icon NZ current account deficit hits record NZ$1.3b
      263 5 AFP WELLINGTON New Zealand's current account registered a record NZ51,325 billion (S$ 1.12 billion) deficit in the September quarter. The Statistics Department said yesterday that the record deficit followed a NZ$249 million surplus in the June quarter. Finance Minister Ruth Richardson said, however,
      AFP  -  263 words
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      172 3 ■bS^P\j WHEN FRENCH DESIGNED LUXURY MASS APPEAL WAS NOT THE B^^HHMHIHI op| y 1Q FORCE Aer °aynamcaiy perfect wtm a CD figure as low as 028 (is it any wonder we rarely have towkays at our showroom?) you prooaay haven't seen many XMs on tne road uninitiated, neres an advice:
      172 words
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      101 4 Wg&\ taking the time to meet IBMers personal involvement and leadership in such coffee at least once week, our managing teams have prompted more IBMers to come director takes everyday forward. Employee participation close to *Bp. Jk 100%. And growing. Through these sessions, he By providing opportunities for each constantly
      101 words
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      466 5 Editorial: An art to art matter, Pg 26 repertoire, ranging from works L by classical composers suck as and Beetkoven to more lH tunes ky Cole Porter and m Andrew Lloyd Wekker. to-find one VER THE YEARS, keart you,ww. REUGE MUSIC BOXES HAVE BEEN wl,ynol ourskomTOOm address see VALUED BY
      466 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Lock icon Formula for a renewed sense of stability
      1617 6  -  The Thai economy By Peter Janssen Asian Business IN 1992, a turbulent year for Thailand, the old wisdom that the economy is somehow beyond the influence of politics reaffirmed itself. In spite of the violence of May, wedged between two general elections, Thailand
      Asian Business  -  1,617 words
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      50 6 IP k PLAZA k R ll sJn DINING WJRHi iSERP 11 at the top in town 5t: v OVERLOOKING jjS| j |j j THE WHOLE OF SINGAPORE a FOOD QUALITY f SELECTION OF INNOVATIVE DISHES DESIGNERSINTERIOR FURNISHINGS II ■■W"nßl||| L 6:00 p.m. 11:00 p.m. Free Valet parking after 6:00 jxm.
      50 words
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  • THE WORLD
    • Article
      Lock icon France seeks closer monetary cooperation with Germany
      403 7 FT BONN Michel Sapin, the French Finance Minister, has pledged his commitment to closer monetary cooperation with Germany. But finance ministry officials have rejected speculation that Bonn and Paris might permanently fix a rate between their currencies. Senior officials at the French finance
      FT  -  403 words
    • Article
      Lock icon French conservatives plan sweeping privatisation
      364 7 Reuter PARIS France's conservative opposition platform for March elections, which was to be unveiled yesterday, calls for sweeping privatisation of stateowned banks, insurance and manufacturing, a senior politician said on Tuesday. Alain Madelin, vice-presi-dent of the centre-right Union for French Democracy (UDF) and one of
      Reuter  -  364 words
    • Article
      Lock icon Craxi under pressure to quit as Italy's Socialist Party head
      217 7 Financial Times ROM E Mr Bettino Craxi, Secretary-General of Italy's Socialist Party, is under mounting pressure to step down from the leadership and to back the election of a successor at today's extraordinary assembly of the party. In spite of
      Financial Times  -  217 words
    • Article
      Lock icon Bonn warns of greater risks of further economic decline
      356 7 Reuter BONN The risks of further economic decline in western Germany are greater than the prospects of early recovery, the Economics Ministry said in its annual economic report yesterday. "The information available at the start of the year suggests that the
      Reuter  -  356 words
    • Article
      Lock icon Major faces second parliamentary revolt over Maastricht Treaty
      271 7 Reuter LONDON The British government yesterday faced the prospect of a further parliamentary revolt over the European Community's Maastricht Treaty which could destroy the delicate process of ratification. Influential former Conservative Party chairman Lord Tebbit was set to issue a rallying call
      Reuter  -  271 words
    • WORLD WATCH
      • Article
        Lock icon Powell reportedly planning early exit
        108 8 NYT WASHINGTON Gen Colin Powell, the chairman of the US Joint Chiefs ot StalT. has told Defence Secretary Les Aspin that he wants to leave oftice two or three months before the end of his term, in part because he does not want to defend
        NYT  -  108 words
      • Article
        Lock icon Lamont urged not to raise taxes
        75 8 Bloomberg Business News .•LONDON Confederation of British Industry chairman Mi- chael Angus has urged Chancellor of the Exchequer Norman Lamont not to raise taxes in his March 16 budget. Speaking at a National Union of Farmers meeting on Tuesday, he said Britain's recovery was
        Bloomberg Business News  -  75 words
      • Article, Illustration
        Lock icon New home and new hope
        59 8 Reuter MOGADISHU Six-year-old Mohamed Abukar (right) sharing a chair with his sister before leaving for his new home in the US on Tuesday. The boy, who lost his leg in a mortar blast which killed his mother, was adopted by a Baltimore family who had
        Reuter  -  59 words
      • Article
        Lock icon Police probe fraud in British Council
        84 8 AFP •LONDON Police were yesterday investigating the disappearance of £300,000 (*****,000) from accounts of the British Council the promoter of the nation's cultural interests overseas, The Times newspaper said. Scotland Yard confirmed that an investigation was taking place, but would give no further details.
        AFP  -  84 words
      • Article
        Lock icon Amato wants state assets sold to public
        73 8 Bloomberg Business News MILAN Italian Prime Minister Giuliano Amato has said Italy should sell its state-owned assets on the stock market rather than to individual buyers. In a TV interview to be screened this week, he said because of a lack of buyers,
        Bloomberg Business News  -  73 words
    • Article
      Lock icon US business failures up 9.9pc in 1992 to hit new high
      481 8 Retail, wholesale, non-financial services sectors most badly hit Bloomberg Business News NEW YORK US businesses failed last year at the rate of 265 a day, rising 9.9 per cent to a record 96,836, according to Dun Bradstreet Corp. "The
      Bloomberg Business News  -  481 words
    • Article, Illustration
      Lock icon Taxing rich not enough to cut deficit: report
      380 8 Knight-Ridder WASHINGTON US President Bill Clinton has plenty of options for taxing the rich, but will find it tough to shrink the budget deficit without other taxes and spending cuts that could anger the public, new congressional estimates show. The Congressional Budget
      Knight-Ridder; Reuter  -  380 words
    • Article
      Lock icon American-EC trade deal unacceptable, says French envoy
      240 8 Reuter LONDON A trade agreement between the US and Europe negotiated in the latest round of the Gatt world trade talks is not acceptable, says France's ambassador to Britain. Bernard Dorin said in a speech on Tuesday at a Britishbased discussion forum, the
      Reuter  -  240 words
    • Article, Illustration
      Lock icon US may seek more trade concessions from EC
      278 8 AFP LONDON US President Bill Clinton is looking for a "strong signal" that Europe is prepared to make sacrifices to reach a world trade agreement, the American ambassador to Britain told farmers here on Tuesday. Raymond Seitz hinted that the US might
      AFP  -  278 words
    • Article
      Lock icon Queen and Major going ahead with suits against press
      441 8 Reuter LONDON A conflict between Britain's establishment and the press has intensified with lawsuits threatened by both Queen Elizabeth and Prime Minister John Major to go ahead. The press has been under fire for months after merciless publicity given to scandals
      Reuter  -  441 words
    • Article
      Lock icon Clinton may send troops to Bosnia in peacekeeping role
      268 8 AP WASHINGTON President Bill Clinton said yesterday that Americans "want us to do more to end ethnic warfare in Bosnia, and senior officials said they were ready to unveil a plan that could send US military forces to the fractured Balkans
      AP  -  268 words
    • Article
      Lock icon Russian minister hits out at US barriers to bilateral trade
      318 8 AP MOSCOW Russia's top trade official has accused the US of maintaining Cold War barriers that discriminate against Russian companies. The Minister of Foreign Economic Relations, Sergei Glazyev, said one such barrier was the continuing ban by the US State
      AP  -  318 words
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      266 7 Our young team of designers and engineers ready The unique suspension incorporates a patented electrically controlled driver's seat, a driver's side threw themselves into perfecting the Volvo 850 GLT Delta Link to maintain precise control of the rear wheels; airbag and Electronic Climate Control. because most of all they wanted
      266 words
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      208 8 J*| START TODAY JTft TO LjOOK GOOD FOR Mm YOUR VALENTINE. Get tour Figure Ready for Valentineb Day With Our Exclusive Slimming Programme. Valentines Day is the ideal occasion for you to look right for your sweetheart. The feasting and drinking during the recent festive celebrations may have added weight
      208 words
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      57 8 presents a two-day seminar on STRATEGIC MANAGEMENT AND MARKETING STRATEGIES The primary objective of this two-day seminar is to equip participants on the 'why' and 'how' of formulating strategic plans and developing mariceting strategies for gaining competitive advantage. Dates 19 20 February 1993 Venue Orchard Parade Hotel Fee $495, inlcusive
      57 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      F&N's bid to sell Coke in Vietnam enhanced
      412 9  -  Coca-Cola Co of America signs accord with two Viet state firms By Lee Han Shih SINGAPORE The move by soft-drinks giant Fraser Neave Ltd to secure the right to sell Coca-Cola in Vietnam took a step forward on Tuesday with the signing
      412 words
    • Article
      Chem Industries to raise $8.5m from private placement
      220 9 SINGAPORE Chemical Industries (Far East) Ltd yesterday announced a private placement of 2.4 million new shares, representing about 10 per cent of the group's current issued and fully-paid capital. The $1 shares, to be placed out at $3.60 apiece, will raise about
      220 words
    • Article
      Fuller sees S'pore market in bullish phase for next 3 years
      250 9  -  By Paul Leo SINGAPORE The Singapore stock market will be in a bullish phase for the next three years, says a leading Britainbased analyst. The chairman of Chart Analysis Ltd, David Fuller, told an audience of institutional and retail
      250 words
    • Article
      Acma option deal: minority shareholders have right to know more
      736 9  -  HOCK LOCK SIEW By R Sivanithy SINGAPORE Time is money. To minority shareholders of Acma Ltd, the saying has a special meaning. They argue that the company has "lost" millions of dollars in recently settling a transaction at a price
      736 words
    • Article
      Pan Pacific Pub to venture into other sectors in China
      336 9  -  By Teh Hooi Ling SINGAPORE Sesdaq-listed Pan Pacific Publications (PPP) will use its recently-established China joint-venture company. Yunnan Liu He Company Ltd. as a foothold from which to move into areas such as tourism and leisure. "Through Yunnan Liu He,
      336 words
    • Article
      Giken's price nearly doubles in debut trade
      270 9  -  By Teh Hooi Ling SINGAPORE Electronic component maker Giken Sakata made its debut on Sesdaq with a bang yesterday. It share price almost doubled to close at 75 cents from the offer price of 40 cents. A total of 14 million shares changed
      270 words
    • Article
      Chairman buys 2m QAF shares
      124 9 SINGAPORE The chairman of food group QAF, Didi Dawis, has bought two million more shares in the company, lifting his direct holding from four million shares to six million. After the purchase, made on Tuesday, his total interest in QAF is 53.4 million shares or
      124 words
    • Article, Illustration
      Lock icon SUMMARY
      314 9 Source: Bridge Info Performance of STII's index stocks Feb 10 Lw Snm IMn Ctae factor movers (i) Avimo I 900 62 C* C 7.350 0.050 6.25 50 00 teretoos 4 940 0.180 4 20 180 00 FAN 11.400 9.70 GF Asia 3.180 0.020 2.71 2000 GcnMag 0 885 0
      Source: Bridge Info  -  314 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Intraco unit sells Ubi car showroom
          84 10 SINGAPORE A subsidiary of Intraco Ltd, Intra-Motors (S) Pte Ltd, has sold its main showroom and office block at Übi Road to Starsauto Pte Ltd for Sll million. After the sale, Intra-Motors will move its showroom to rented premises at Leng Kee Road. Intra-Motors,
          84 words
        • Article
          Wing Tai on Inchcape House price
          90 10 SINGAPORE Wing Tai Holdings Ltd has said that the $135.34 million sale price of its Inchcape House is fair and that it was pnident to sell the property. Explaining why it did not get a valuation of the building before selling it to Hewlett-Packard
          90 words
        • Article
          New managing director at Avimo unit
          40 10 SINGAPORE Avimo Alvis Aerospace Pte Ltd, a subsidiary of Avimo Singapore Ltd, appointed Brian J Williamson as its managing director on Jan 5, 1993. Mr Williamson, 35, was previously general manager of CMB Engineering.
          40 words
        • Article
          Lock icon Land & General denies seeking stake
          86 10 Land General denies seeking stake Reuter KUALA LUMPUR Property group Land General Bhd has denied a newspaper report which suggested it would buy a 20 per cent stake in financial group Commerce-Asset Holdings Bhd. "We wish to state that Land General has no plans nor made any contacts or held
          Reuter  -  86 words
      • Article
        Lock icon M$85m cash expected from sale of D Keramat assets
        261 10 MBT KUALA LUMPUR Bumiputera Merchant Bankers (BMB) said the disposal of Datuk Keramat Holdings' (DKH) assets is expected to generate total cash proceeds of M 585.38 million (5552.93 million). It said this in a reply to the Kuala Lumpur Stock Exchange
        MBT  -  261 words
      • Article
        Lock icon Japan's Big Four brokers plan further expansion in M'sia
        626 10 MBT KUALA LUMPUR Japan s Big Four broking firms, which will be upgrading their Kuala Lumpur offices to independent subsidiaries soon, plan to further expand their operations in Malaysia in the next few years. The expansion route which the four firms
        MBT  -  626 words
      • Article
        Lock icon Kian Joo Can Factory plans to list unit on KLSE in 1994
        225 10 MBT KUALA LUMPUR Kian Joo Can Factory Bhd (KJCF) plans to list its subsidiary BoxPak (Malaysia) Sdn Bhd on the Kuala Lumpur Stock Exchange main board in 1994, said its executive director Anthony See. Mr See told a
        MBT  -  225 words
      • Article
        Lock icon Malayan Cement's pre-tax profit up 5.4pc at M$84.7m
        214 10 MBT KUALA LUMPUR Malayan Cement has posted a 5.4 per cent increase in group pretax profit to M 584.73 million (5552.53 million) for the year ended Nov 30, 1992. This came on the back of a 24 per cent rise in turnover
        MBT  -  214 words
      • Article
        Lock icon Innovest expects better results after restructuring
        551 10 MBT KUALA LUMPUR Innovest Bhd. which is in the midst of a financial restructuring exercise, is confident of turning in a better performance in the future by enhancing the group's existing businesses in power electronics manufacturing, mechanical engineering, construction and general trading. Deputy chairman
        MBT  -  551 words
      • Article
        Lock icon Bottled-water maker Aqua to set up branches in Vietnam, Philippines
        276 10 AFP JAKARTA Indonesian bot-tled-water producer Aqua is setting up two branches, one in Vietnam and the other in the Philippines, at a cost of US$lO million (5516.5 million) each. Aqua president director Willy Sidharta said here yesterday: "We are still
        AFP  -  276 words
      • Article, Illustration
        Lock icon Hopewell mass transit system gets Thai fast-track go-ahead
        263 10 AFP BANGKOK The Thai government decided yesterday to allow the Hongkong firm Hopewell Holdings to start "fast track" construction of a US$3.2 billion (555.3 billion) mass transit system for the Thai capital, an official said. The decision came at a meeting here
        AFP  -  263 words
      • Article
        Lock icon Toyota's profits down 22pc on weak sales, high costs
        403 11 Reuter TOKYO Weak domestic sales and stubborn costs pulled Toyota Motor Corp's half-year profits down 22.3 per cent from last year, the company said yesterday. Japan's biggest carmaker and one of the world's top three said parent pre-tax prof its fell
        Reuter  -  403 words
      • Article, Illustration
        Hey, Mr Major, save our jobs
        41 11 LONDON Leyland DAF truck workers demonstrating against threatened job losses outside the Houses of Parliament on Tuesday. Prime Minister John Major told Parliament that job losses were a question for the receivers administering the company.
        41 words
      • Article
        GM plans big push into Asia-Pac with S'pore regional HQ
        396 11  -  By Juliette Walker SINGAPORE American automotive giant General Motors Corp (GM) has mapped out aggressive plans to develop its regional distribution capability over the next five years. The company's vice-presi-dent of Asia-Pacific operations. Thomas McDaniel. said yesterday it would move
        396 words
      • COMPANY BRIEFS
        • Article
          Lock icon Italian-Thai tie-up to build oil terminal
          49 11 Knight-Ridder BANGKOK Fuel Pipeline Transportation Ltd has awarded a 450-million-baht (5529.1 million) contract to Italian-Thai Development Corp Ltd to build an oil terminal, Fuel Pipeline said yesterday. Ihe 80-million-litre terminal will be located in Bang Pa-In district. 50 km north of Bangkok. Knight-Ridder
          Knight-Ridder  -  49 words
        • Article
          Lock icon Thomson-CSF wins Viet deal
          65 11 Knight-Ridder BANGKOK French electronics firm Thomson-CSF announced separately that it had landed a contract with Vietnam Airlines to install an air traffic control system at Ho Chi Minh City's Tan Son Nhat airport. The system, to be operational by next year, includes seven controller positions. a
          Knight-Ridder  -  65 words
        • Article
          Lock icon Mitsubishi to merge 3 affiliates
          74 11 Bloomberg Business News TOKYO Mitsubishi Corp, one of Japan's top trading houses, will merge three of its semiconductor fabrication machinery affiliates on April 1, the company said yesterday. The three companies are MC Electronics Co, a sales company: Ramco Corp. a maker of tools for
          Bloomberg Business News  -  74 words
        • Article
          Lock icon NKK, Nippon Metal to share facilities
          71 11 Bloomberg Business News TOKYO Japan's NKK Corp, one of the world's largest steelmakers, and Nippon Metal Industry Co, the nation's top producer of stainless steel, have signed an agreement to share production facilities for stainless steel sheets, the Nikkan Kogyo business and technology newspaper
          Bloomberg Business News  -  71 words
        • Article
          Lock icon Alcatel, Hanoi's telecom body tie up
          52 11 Reuter PARIS France's Alcatel said it signed an agreement yesterday with the Vietnamese Post and Telecommunications Authority (DGPT) to create a joint venture in the field of telecommunications called Alcatel Network Systems Vietnam. Alcatel Network Systems will make and service digital switching systems in
          Reuter  -  52 words
      • Article
        Lock icon US banks hope to use ADRs for China stocks
        230 11 Reuter HONGKONG Citibank, a unit of Citicorp, and Bank of New York said they planned to offer American Depositary Receipts (ADRs) for China stocks as a way of skirting obstacles to US investment in the mainland's securities markets. An executive of
        Reuter  -  230 words
    • FINANCE
      • Article
        Nusa Bank plans to issue and list bonds on Jakarta bourse
        560 13  -  First private bank since '88 deregulation to seek listing From William Chia in JAKARTA NUSA BANK, the flagship bank of Indonesian conglomerate Bakrie Group, plans to be the first private bank since the 1988 deregulation to issue and list
        560 words
      • Article, Illustration
        CS First Boston picks veteran to co-head S-E Asian activities
        206 13 SINGAPORE CS First Boston (CSFB) has appointed a 13-year veteran of rival firm Goldman Sachs to co-head its South-east Asian investment activities. CSFB said yesterday that Pote Videt, a Thai national, would be based in Singapore, where he would co-head
        206 words
      • Article
        HK injects HK$650m into market to cope with Denway flotation
        275 13  -  From Lim Soon Neo in HONGKONG THE Hongkong government yesterday injected HKS6SO million (SSI37 million) into the inter-bank market to cope with demand for funds for the share flotation of Denway Investment Ltd. However, this injection was insignificant considering that
        275 words
      • Article
        Lock icon Amro seeks to set up Thai diamond financing
        176 13 AFP BANGKOK The Dutch bank ABN Amro has applied for permission to set up a diamond desk in Bangkok to facilitate its international diamond financing operations, the bank's chief representative said yesterday. ABN Amro is the largest diamond financing bank in the
        AFP  -  176 words
      • Article
        Tat Lee opens first HK branch
        140 13 SINGAPORE Tat Lee Bank officially opened its first overseas branch in Hongkong yesterday, six months after receiving the go-ahead from the colony's Financial Secretary. The branch, which has been operating since Jan 1, has taken over the business of Tat Lee Finance Hongkong. The
        140 words
      • SMALL CHANGE
        • Article
          Lock icon Public Bank issues US$75m FRCDs
          92 13 Reuter SINGAPORE Malaysia's Public Bank Bhd (PBB) has issued I ne B ot ab,e boating rate certificates of deposit worth I i ifV'Dr' 0n 124 m Uion Oversea-Chinese Banking Corp Ud (OCBC) said, as a lead manager. The issue, lead managed by OCBC and Hongkong
          Reuter  -  92 words
        • Article
          Lock icon More room to cut prime rate in Japan
          133 13 Knight-Ridder TOKYO Bank of Japan governor Yasushi Mieno was reported to have said that there was more room for Japan's long-term credit banks to cut the long-term prime rate. Hajime Funada director general of the Economic Planning Agency, quoted Mr Mienos comments
          Knight-Ridder  -  133 words
        • Article
          Lock icon S'pore reserves at $64.65b in Nov
          68 13 Knight-Ridder SINGAPORE Singapore's official reserves rose to $64 65 billion in November from $64.17 billion in October, the Monetary Authority of Singapore said. The November figure was up from $54.89 billion a year earlier. Of the total, gold and foreign exchange accounted for $64.16
          Knight-Ridder  -  68 words
        • Article
          Lock icon PNB posts lower profits for '92
          161 13 Reuter MANILA State-controlled Philippine National Bank announced sharply lower profits for 1992, down to 2.3 billion pesos from 4.02 billion. Gross earnings of the Philippines 1 largest domestic bank also slid to 11.2 billion pesos from 13.8 billion in 1991, despite a 22 per
          Reuter  -  161 words
        • Article
          Lock icon Indon firm signs US$60m loan
          73 13 Bloomberg Business News HONGKONG Indonesian packaging manufacturer PT Argha Karya Prima Industry has signed a US$6O million (Ss99 million) credit and loan facility with a syndicate of banks. One of the arrangers of the borrowing. Chase Manhattan Bank, NA, said in a statement that proceeds
          Bloomberg Business News  -  73 words
      • Article
        Lock icon Keating's package will bolster bank profits, say analysts
        637 14 Major bank shares rise after announcement Reuter MELBOURNE Australian banks will prosper from the economy-boosting package planned by the Labor Party if it is returned to power in March elections, analysts said yesterday. They said bank profits would be boosted by 10
        Reuter  -  637 words
      • Article, Illustration
        Lock icon Checking out the falling US$
        69 14 Reuter exchanlp KmLpr Q o^ r Th»°i l t? ,,ey broke J cheeks the < dollar level on a monitor screen, showing the fall on Tuesday at a foreisn g brokerage. The US currency fell to 120.68 in the morning after New York's 120.15/20 yen
        Reuter  -  69 words
      • Article
        Lock icon World Bank starts single currency loans
        203 14 Bloomberg Business News WASHINGTON Borrowers from the World Bank now have the option to take out a single currency loan as part of a new programme approved yesterday. The World Bank board of directors approved the programme subject to review in two years. The
        Bloomberg Business News  -  203 words
      • Article
        Lock icon Westpac sells 5.6pc stake in Challenge Bank
        337 14 Reuter SYDNEY Westpac Banking Corp Ltd said it has sold its 5.6 per cent stake in Western Australia's Challenge Bank Ltd for an undisclosed amount. A Westpac spokesman said the bank also sold 1.7 million Challenge Bank convertible notes. At the current Challenge
        Reuter  -  337 words
      • Article
        Lock icon Fewer actions against savings and loans last year
        239 14 Bloomberg Business News Washington The Office of Thrift Supervision took 23 per cent fewer actions against savings and loans in 1992 than in the previous year as the condition of the industry improved. The OTS, a division of the Treasury Department, took
        Bloomberg Business News  -  239 words
      • Article
        Lock icon Commonwealth Bank still cautious
        397 14 Reuter SYDNEY Australia's largest retail bank. Commonwealth Bank of Australia, reported a higher half-yearly profit on Wednesday but was hardly enthusiastic about its future in the face of a painfully slow economic recovery. "The outlook is for increased competitive pressure and a continuing squeeze on margins,"
        Reuter  -  397 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        132 14 The US dollar opened lower across the board, dragged down by a markedly stronger yen. Against a close of 1.6505 on Tuesday, the US dollar opened at 1.6475/85. There was little activity and the dollar gradually drifted lower to close around 1.6470-75. The US$/M$ opened
        132 words
      • Article
        Lock icon London
        175 14 UPI LONDON The dollar barely moved against the main European currencies yesterday, closing virtually unchanged at the end of a quiet session. Analysts said the market was quiet ahead of latest US retail sales figures to be released today and top-level financial talks between the United States and Japan
        UPI  -  175 words
      • Article, Illustration
        Untitled
        1361 14 IraJenetthted index lakulaleJ agamM Spore's top 14 trading partners base \ear I9Bf US$/S$ forward rates Noon Feb 10 SS N Oder ***** 1.6478 2-momh 1.6452 1 6467 3-month ***** 1.6457 6-monlh 1.6410 1 6430 Source: OCBC FOREIGN CURRENCY NOTE RATES As at ltaa ystardap Singapore dollars to one unit of
        1,361 words
      • Article
        Lock icon New York
        95 14 AFP NEW YORK The dollar lost ground to major currencies but gained strength against the pound sterling in New York early yesterday in a market adrift with no new elements to influence it. At 9:30 am (1430 GMT), the dollar was trading at 1.6500 German marks, down from
        AFP  -  95 words
    • COMMODITIES & FUTURES
      • Article, Illustration
        Lock icon Kuwait to increase oil output to 2 million bpd by end-1993
        446 15 Reuter Knight-Ridder HOUSTON Kuwait's crude oil production will reach two million barrels per day (bpd) by the end of 1993 from its current level of more than 1.7 million bpd, a top Kuwaiti official told an energy industry convention
        Reuter; Knight-Ridder  -  446 words
      • Article
        Lock icon Shanghai plans chemical, textile futures exchanges
        134 15 Knight-Ridder HONGKONG Shanghai plans to open two new national futures exchanges soon one for trading chemical products and another for trading textiles the official Xinhua news agency said on late Tuesday. No dates were given for the opening of the two markets, which will
        Knight-Ridder  -  134 words
      • Article
        Lock icon China starts buying rubber again in Thai market
        202 15 Reuter SINGAPORE China, projected to become the world's second biggest rubber buyer this year, has begun buying Thai rubber for March shipments after an absence from the market since early January, Asian traders said yesterday. "China has returned in a small way,
        Reuter  -  202 words
      • Article
        Lock icon US refining capacity seen dropping 5pc by mid-'90s
        385 15 Bloomberg Business News HOUSTON Escalating environmental costs, volatile oil prices and flat or declining demand are causing refinery closures that could cut net US refining capacity by 5 per cent by the mid-90s, Unocal Corp president Roger Beach said. Mr Beach also
        Bloomberg Business News  -  385 words
      • Article, Illustration
        Lock icon Sugar glut in Asia will persist
        414 15 Reuter TOKYO The ovcrsupply of raw sugar in Asia will persist throughout calendar 1993, due to excess export capacity of the two key producers in the region. Thailand and Australia, Tokyo traders said. But some traders said the market slackness may he partly offset
        Reuter  -  414 words
      • Article
        Futures rise on optimism about Opec cuts
        364 15 Bloomberg ENERGY REPORT LONDON Crude oil futures prices in London and New York rose yesterday after indications Opec may cut output more than expected and the latest US inventory figures were interpreted as price strengthening, brokers said. Brent crude oil futures for March
        364 words
      • Article
        Lock icon Nippon Mining may expand copper smelting capacity
        287 15 Knight-Ridder TOKYO Japan's Nippon Mining and Metals Co is considering expanding annual copper smelting capacity by as much as 70,000 tonnes at its Saganoseki plant in Oita Prefecture, A company spokesman said yesterday that the plant's dual flash furnaces operate at an actual
        Knight-Ridder  -  287 words
      • Article, Illustration
        A sunbath before the work starts
        31 15 JOLO, Philippines A Filipino Muslim trader drying his copra in the sun before selling it to factories which manufacture cooking oil, soap and other products.
        31 words
      • Article
        Lock icon Eurodollars end steady, Nikkei recovers
        1399 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures were resistant to falls, bolstered by positive reception to the US Treasury's three-year note auction on Tuesday. Market operators said sentiment tended to be bearish initially, due to the strong 3.7 per cent rise in Johnson
        Reuter  -  1,399 words
      • Article
        KL tin closes barely changed in thin trade
        969 16 COMMODITIES REPORT Tin KUALA LUMPUR tin prices were one cent up at MS 14.98 a kg on further Far East covering interest but activity was lacklustre yesterday, dealers said. The market undertone was steady after a similar trend in London overnight. A
        969 words
    • Article
      COMMODITY PRICES
      1631 16 Rubber a— lf*> IBS 1 Ceeba ct (Scents/kg) Month High Low Cloae Sett Volume (tonnes) Open Interest Feb 93 Mar 93 Jun Jul/Sep Oct/Doc Jan/Mar 147.00 149.25 150.50 152.00 154.25 156.00 0.00 146.50 148.50 150.00 151.50 153.25 155.00 0.00 147.50 149.50 151.00 152.50 154.00 155.75 157.25 2,625* 1.625
      1,631 words
    • REGIONAL STOCK MARKETS
      • Article
        Manila
        539 17 +5.13 The Manila Stock Exchange's Composite Index gained 5.13 points, or 0.37 per cent, to close at 1,374.54 yesterday. It lost 5.35 points on Tuesday. Volume yesterday was valued at 167 million pesos, compared with 160 million pesos on Tuesday. Brokers attributed yester- day's gain to investors bidding up
        539 words
      • Article
        Australia
        1192 17 +6.7 Arbitrage plays yesterday helped Jill the Australian share market higher at the close as many investors sat back to analyse the impact of the government's economic statement. Brokers said the market was quieter after Tuesday's 24.5point gain, which was sparked by plans to cut company tax. Meanwhile the
        1,192 words
      • Article
        Taipei
        540 17 -58.93 Institutional investors in Taiwan frantically dumped shares yesterday as a two-week rally collapsed on announcement of a new premier, analysts said. After soaring this month on the expected naming of a new Cabinet chief, the benchmark Weighted Price Index yesterday plunged 58.93 points, or 1.62 per cent, on
        540 words
      • Article
        Seoul
        390 17 +1.92 Persistent buying of small- and medium-capitalised shares sent a weak stock market up to close slightly higher for the third straight day yesterday. Brokers said the lacklustre trend would continue for the time being in the absence of any market-moving factors on the horizon. "I cannot see substantial
        390 words
      • Article
        New Zealand
        237 17 -0.36 The New Zealand share market ended a dull day yesterday barely altered and brokers said the market is taking a breather from a run higher in recent weeks. The NZSE-40 Share Index closed down 0.36 points at 1,566.78. Volume was not available but it was said to
        237 words
      • Article
        Bombay
        68 17 +40.44 Share prices on the Bombay Stock Exchange (BSE) rose for the third day yesterday as speculators kept on buying, brokers said. The Bombay Stock Exchange (BSE) Index rose 40.44 points to 2,812.12. The market was strong in unofficial out-of-hours trading and the rally continued, an analyst with broking
        68 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        636 17 Britannia Funds SMriiat C«k Bid Oder MimCapDrpoM *M 3300 *3(3400 Mim Jerw> C.ih .0.1 *69 ***** Mim Mil Income *1.0100 *1 0500 IMQpfc Income Phn Fund 9 7500 10 2100 PS S Reier\e Fund 5.1400 5 2000 tfM) Euro Performance .0 45** 044)) Far Em Fund *2 6640 *2 »650
        636 words
      • Article
        London
        640 17 -14.9 Share prices closed lower as the retracement from recent highs continued yesterday, but strategists said the market may be close to finding a floor and is likely to hold in a narrow range in the near term. The FTSE 100 index closed down 14.9 points, 0.53 per cent,
        640 words
      • Article
        Paris
        116 17 -0.73 French shares finished hardly changed in average trade as the Paris bourse continued to consolidate at recent higher levels, dealers said. The CAC-40 Index closed down 0.73 points, or 0.04 per cent, at 1,893.32. Of the CAC-40 stocks, 17 ended higher, 19 lower, and three were unchanged. Volume
        116 words
      • Article
        Stockholm
        125 17 1.61pc Great expectations of domestic rate cuts, and heavy buying-interest in cyclical stocks like telecommunications group Ericsson and forestry firms, spurred the Stockholm bourse near a year-high by the close yesterday. The all-share index closed up 1.61 per cent at 959.41 points. Volume surged to 1.482 billion crowns, well
        125 words
      • Article
        Frankfurt
        201 17 +o.spc Share prices closed stronger here yesterday in active trading, sustained by the presence of foreign and domestic institutional buyers. The DAX Index rose 0.5 per cent to 1,649.81 points while the Commerzbank index went up 12.70 to 1,840.80. Foreign investors were attracted to leading shares in expectation of
        201 words
      • Article
        Milan
        134 17 -0.36 pc Heavy money on telecoms holding Stet and good interest in Banca di Roma helped turn sentiment and pare continuing technicallyinspired market losses, brokers said. The MIB Index ended down 0.36 per cent at 1,100 with underlying trend off 0.54 per cent. The late recovery took some operators
        134 words
      • Article
        Amsterdam
        253 17 +0.53 Dutch shares ended a brisk trading session firmer as foreign demand supported cyclicals yesterday. But a lower start of Wall Street eroded some earlier gains late in the session, dealers said. The EOE Index finished 0.53 points up at 298.33 after standing one point higher most of the
        253 words
      • Article
        Zurich
        221 17 -7.4 Swiss shares closed lower as the market was led down by profit-taking in the industrial sector yesterday. The SPI Index finished 7.4 points lower at 1,291.0. Dealers said the sector would remain vulnerable to profit-taking induced selling as long as there were no substantial signs of an economic
        221 words
      • Article
        Johannesburg
        317 17 +36 South African gold shares were sharply firmer yesterday but on their highest levels of the day as the market took mild profits following a re-rating on the back of strong offshore demand for local gold shares. The JSE Industrial Index added 36 points to 4,645. The gold index
        317 words
      • Article
        Toronto
        301 17 19.27 Toronto stocks rose sharply in active early trade yesterday as lower rates and optimism over the future of the sprawling Bronfman empire spurred gains. The TSE-300 Index climbed 19.19 points to 3,433.30 on volume of 12 million shares valued at C 5125.30 million. Advances outpaced declines 217 to
        301 words
      • Article
        New York
        750 17 -22.96 Blue-chip stocks fell here yesterday after an initial lift in the absence of new economic indicators. At 11:00 am (1600 GMT), the Dow Jones Index of 30 leading industrials stood at 3,406.73, down 7.85 points. About 78 million shares changed hands. Blue-chip stocks closed sharply lower on
        750 words
      • Article
        Brussels
        169 17 -0.09 Belgian shares closed flat in hectic and heavy trading yesterday as the market had difficulties coming to grips with further pressures on the Belgian franc and a subsequent interest rate rise. The Bel-20 index of leading shares closed virtually unchanged, losing 0.09 points to 1,213.85. A high 1.71
        169 words
    • Article, Illustration
      Lock icon HONGKONG
      2554 18 Reuter SHARE PRICES closed higher yesterday as investors bought local banking stocks which pushed the blue-chip Hang Seng Index higher, brokers said. "There was no selling pressure and some buying of local banks, like Bank of East Asia and Hang Seng Bank, helped pull the index up," said a
      Reuter; Source: Bridge Info  -  2,554 words
    • Article, Illustration
      CHINA
      442 18 THE Shenzhen A and B shares continued to edge lower yesterday. The CLSA Shenzhen A Index shed 1.41 per cent to 3,113.33. Trading on the Shenzhen B market was thin, with a small turnover of 2.58 million renminbi. The CLSA Shenzhen B Index notched down 2.69 per cent to
      442 words
    • Article, Illustration
      Lock icon TOKYO
      2505 18 Reuter STOCKS ended mixed yesterday, as the Nikkei Average jumped above 17,000 on lastminute technical buying led by stronger futures prices. The market spent most of the day below the key psychological 17,000 level, worried about the strong yen, but public fund buying supported the downside. "The stock market
      Reuter; Source: Bridge Info  -  2,505 words
    • Article, Illustration
      Lock icon BANGKOK
      1666 18 Reuter STOCKS barrelled upwards yesterday afternoon, led by big bank shares and the stock index hovered around its high for the day near the close, brokers said. The SET Index gained 17.45 points, or 1.79 per cent, to close at 990.13 on turnover of 7.07 billion baht. The index
      Reuter; Source: Bridge Info  -  1,666 words
    • Article, Illustration
      Lock icon JAKARTA
      911 18 Reuter STOCK PRICES ended mixed in active trading yesterday, boosted by strong foreign interest. Brokers said trading was active in the industry sector, but prices were under pressure from profit-taking. Paper producer Tjiwi Kimia fell to 2.975 rupiah from 3.000 at the open and 3.025 at Tuesday's close. Semen
      Reuter; Source: Bridge Info  -  911 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2178 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Tccll Resources 8.87I.OOO Idris Hyd 50c 8.042.000 Multi-Purpose J.374,000 Promet 2.7| 7.000 Mulpha Intl 50c 2.438 000 AMDB 5a- 2.141.000 KL Industries 2,134.000 Kcnotig Bhd 50c 1.902.000 Set Properties 1.693.000 Tongkah Hkfes 1.409.000 Asia Pac Ld 50c 1.340.000 M
      Source: Bridge Info  -  2,178 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article
        Lock icon Falls in blue chips take index down
        251 19 Bernama KUALA LUMPUR Share prices closed higher with continued strong support by retail investors for situational stocks yesterday, brokers said. But falls in index-linked stocks dragged the Kuala Lumpur Stock Exchange Composite Index down 1.35 points to close at 638.62. Brokers said some
        Bernama  -  251 words
      • Article, Illustration
        Lock icon Untitled
        4204 19 Source: Bridge Info MMCES TURNOVER Char PmioB Change KLSE Composite 638.62 639.97 3S NST Industrial ....3734.87 3728.85 6.02 NST Financc 3717.67 3701.44 +16.23 NST Properties ....1208.14 1186.64 21.50 NST Tins 484.60 479.48 5.12 NST {Rubbers 2585.04 2580.51 +4.53 Ttrancr (D00) Total volume 298.958 168.427 +130.531 Total value (MS) .624.162 392.455
        Source: Bridge Info  -  4,204 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Market cautious about impact of GST
        1044 20  -  By R Sivanithy SINGAPORE Share prices closed slightly firmer yesterday, with investors cautious about the impact of the government's proposed Goods and Services Tax. In unspectacular trade, the benchmark Straits Times Industrials Index edged up 1.38 points from Tuesday's close, to finish at 1,625.9.
        Source: Bridge Info  -  1,044 words
      • Article, Illustration
        Lock icon Uniphoenix Corp
        60 20  -  HOT STOCK Quak Hiang Whai UNIPHOENIX Corporation has generally been correcting downwards since crossing $2.10 last year. Its weekly charts are, however, encouraging and the stock could be on the upswing. The weekly stochastics have reached zero and is turnip while its weekly RSI is headitg for the
        SOURCE: BRIDGE INFO  -  60 words
      • Article
        Untitled
        3844 20 MAIN BOARD kS A cmm> H*°lm 4TSE "£r I INDUSTRIAL AND 210 liS 50c IS UnCh 190 274 270 2M 275 '|2 .ST I 3 18 i Ion'is Eft 9? ?26 *3? I*® 0 *<* -'0 55 1150 1150 1140 1160 42.9 I.I 3.7 22.7 IJTO I Ion IS" 1
        3,844 words
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      395 words
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      366 words
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      85 12 w r --wv r-***" 7~- jfefe :^:Jb^'7^' *4 hb j/f% liti ~"„z* 1 hpyr mmh IB fe- w -iir V-. ~-~S li& yflL. Iff m A h| v.->.r y| H|M W Rj| Hp w -?p .> w jjMHßHil^B,Ji r 5 m| -X -e- r«"~ *•>?■ ~>_ »&$n5S&~ Keppel Group of
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      297 13 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF GEOMET PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of GEOMET PTE LTD duly convened and held at 63 Robinson Road, #04-05 Afro Asia Building, Singapore 0106 on 5 February 1993. the following
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      306 13 SINHANSA COMPANY PTE LTD. (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Sinhansa Company Pte Ltd held on 7th February 1993, the following resolutions were duly passed:SPECIAL RESOLUTIONS (a) That the company be wound up voluntarily pursuant to Section 290(l)(b) of The Companies Act, Chapter 50. (b) That
      306 words
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      321 13 TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER Of THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF KAY HARP TIMBER CO. (PTE) LTD (InooiporaM In 0w RepubSc ol ftogapo.e) (In UquMaNon) (Members' Voluntary WMnrUp) At an Extraordinary General Meeting of the abovenamed Company duly convened and
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      371 13 LIQUOR LICENCE NOTICE NOTICE LS HEREBY GIVEN Hut. I. Shaking Singh Chahal of Blk lift, 102-91, Spottiswootk Park Road, Singapore 02tW, have applied for a Public House, First Class Extended licence in respect of premises at M/s Vazaara Pte Ltd at #01-24, 9, Perung Road, Park Mall (Annexe-Glass House), Singapore
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      Page 13 Advertisements Column 5
      366 13 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Teo Hup Seng of Block 426, Fajar Road, flOl-547 Singapore 2367, have applied for a Retail Beer Shop Licence I in respect of premises at M/s Ping Teng Heong at 195 Lavender Street, #01-03/16 Eminent Plaza. Singapore 1233, and that this
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      Page 13 Advertisements Column 6
      60 13 Amendment Notice appeared In B.T 9,2/93 Regarding Liquor Licence for Splasher Karaoke KTV l.ounge should he first Class Beer House. Ow Tong JUST CALL: 737-1166 Make the connection through The Straits Times Classified when you're looking for cf bargains or looking for customers. Just give us CJLTJS. a call. 737-1166
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      Page 13 Advertisements Column 7
      316 13 M THE MATTER OF the compames act, CHAPTER 90 AND M THE MATTER OF TBC-PAORC BfTERNATKMAL PTE LTD At an Extraordinary General Mating at tw Company hatd on 0 February 1983. at 1 Sctto Lok Yengßoed.Singopore 2262. toe following resolutions were ptnid I S^JT niimnw Thai TBC-Pacilic International Pto Ud
      316 words
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      736 15 _B_U SINES S TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN lhat, I. Lim Ah Kim of Block 405,llougang Avenue 10, #09-1150 Singapore 1953, have applied for a Beer House, Second Class Licence in respect of premises at M/s Family Eating House at
      736 words
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  • Page 16 Advertisements
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      340 16 _B_U_SJ NESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 JURONQ CEMENT LIMITED LOST SHAM CEfmnCATC Share Certificate n0.***** for 1000 •haree regletared in the rwro of Ng Yew Al has bMn reported lost, destroyed mWad. NOTICE IS HEREBY GIVEN thai replacement certificate will be iaaued and tie original loet
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      Page 16 Advertisements Column 2
      292 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 59 AND IN THE MATTER OF BAN POH LONG PTE LTD (Incorporated the Repebic of Singapore) At an Extraordinary General Meeting of Members of Ban Poh Long Pte Ltd duly convened and held at 315 Outram Road #1508, Tan Boon Liat Building,
      292 words
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      Page 16 Advertisements Column 3
      19 16 As and when the latest London/Rotterdam prices are not available, the previous trading day's closing figures are carried instead
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  • Page 17 Advertisements
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      141 17 YOUR VERY OWN HASSLE-FREE umNyn^mßmnj news an( ot^er Pertinent information on companies listed on the Stock Exchange And for smbtcrlmtima tma mi —±9KM ci b int na,ionai sph HI Sh^Qj^y Researchanswer. contribution to better business decisions! ohtne Company Research is a high value-added package comprising very useful T Wk M
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  • Page 18 Advertisements
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      50 18 CALL MILANO'S HOT DELIVERY HOTLINE NOW! i 468-2222 for mouth-watering Italian pasta, pizza, BBQ ribs, salads and more! I I Office/Home Delivery Hours: Daily from 11.00 am onwards (including Public Holidays). FREE delivery for a minimum order of 10.00 $3.00 surcharge for delivery after 11.00 pm. i JftlANO AUbbn AllHcmertLfle
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      14 19 p4 &'s&!«s■' s*ix -'-iiAiL .y*sai^«ik'i-j6ii^^^^^^^^^^^@Bl^^lE^B|HHH^* > wwlffl OW fIHBMH^HjI^HHBHHHH^^HBH^BHBHHi ovarii mMiontadUyKilKiHH^HHHH^B VE GOT THE MOM
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      51 20 CALL MILANO'S HOT DELIVERY HOTLINE NOW! i 468-2222 j for mouth-watering Italian pasta, pizza, BBQ ribs, salads and more! I I Office/Home Delivery Hours: Daily from 11.00 am onwards (including Public Holidays). FREE delivery for a minimum order of 10.00 $3.00 surcharge for delivery after 11.00 pm. J Milano Allktlm
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  • SPORTS
    • Article, Illustration
      Lock icon Rising star faces four former champions in NZ Onen
      305 21 Golf AP WELLINGTON New Zealand golf prodigy Michael Campbell will be playing against four former champions when he tees up for toiday's first round of the U*****,000 (*****,750) New Zealand Open golf championship. Campbell finished seventh and second in his first
      AP  -  305 words
    • Article, Illustration
      Moving power
      35 21 SHIZUKUISHI, Japan Austria's Anita Wachter racing through the gates during the first heat of the women's gian slalom at the alpine skiing world championships yesterday. Wachter came in second in the first run.
      35 words
    • Article
      Rugby revelry set to start in KL
      583 21  -  By Shahiron Sahari SINGAPORE Rugby Union, the game played by what Rudyard Kipling called "muddied oafs", enters its silly season with several tournaments involving less than the regular 15 players coming up in the next few months. These abbreviated competitions at their best,
      583 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        50 21 Reuter NEW YORK Results of Tuesday's National Basketball Association games: Boston Celtics 104 Milwaukee Bucks 92; Miami Heat 106 Detroit Pistons 105; San Antonio Spurs 112 Los Angles Clippers 97; Denver Nuggets 96 Seattle SuperSonics 92; Atlanta Haw'*s 125 Golden State Warriors 114; Utah Jazz 119 Sacramento Kings 114.
        Reuter  -  50 words
      • Article, Illustration
        Lock icon Boxing
        27 21 Reuter TOKYO Chana Porpaoin of Thailand won the World Boxing Association minimum-weight title when he outpointed Japan's Hideyuki Ohashi in their 12-round title bout yesterday. Reuter
        Reuter  -  27 words
      • Article, Illustration
        Lock icon Ice hockey
        70 21 Reuter NEW YORK Results of National Hockey league games played Tuesday: Detroit Red Wings 8 New Jersey Devils 5; Montreal Canadiens 5 New York Islanders 3; Philadelphia Flyers 8 Ottawa Senators I; Vancouver Canucks 5 Quebec Nordiques 1; Tampa Bav Lightning 3 Toronto Maple Leafs 1; Washington Capitals
        Reuter  -  70 words
      • Article, Illustration
        Lock icon Swimming
        318 21 AFP MALMO, Sweden Results from the World Cup short course meeting Tuesday. Men 400 m medley: 1. Jani Sievinen (Fin) 4min 7.losec (world record) 2. Tatsuya Kinugasa (Jap) 4:17.22 3. Maciej Konecki (Pol) 4:17.73. 100 m medley: I. Indrek Sei (Est) 55.68 2. Curtis Myden (Can) 56.51 3. Petteri
        AFP  -  318 words
      • Article, Illustration
        Lock icon Tennis
        435 21 AP Reuter AP AFP CHICAGO Results Tuesday of the U*****,000 Virginia Slims of Chicago women's tournament (US unless stated). Singles, first rd: Ros Fairbank-NidefTer b Louise Allen 7-6 (7-1), 6-2; Linda Harvey-Wild b Louise Field (Aus) 6-2, 6-1; Pam Shriver (8) b Debbie Graham 6-0. 7-5. Second rd: Monica
        AP; Reuter; AFP  -  435 words
    • Article
      Lock icon Ewing makes it to the All-Star team again
      545 21  -  The Knicks' centre has shown strong play. Clifton Brown reports Clifton Brown NYT NEW YORK When you're hot, you're hot. and Patrick Ewing has been hot. On Tuesday, Ewing was named to the Eastern Conference All-Star team for the sixth consecutive year,
      NYT  -  545 words
    • SIDE LINES
      • Article
        Lock icon Aussie rugby star awarded damages
        109 21 AP SYDNEY Australian rugby league international Andrew Ettingshausen was awarded U*****,000 in damages yesterday by a Supreme Court jury after he sued a magazine which published a nude photo of him. Ettingshausen. 27, a centre for the world champion Australian national team and a part-time
        AP  -  109 words
      • Article
        Lock icon Reds' owner refuses to meet group
        99 21 AP WASHINGTON A leading Asian-American organisation says Cincinnati Reds' owner Marge Schott has refused a face-to-face meeting to apologise publicly for using racial slurs such as the word "Jap". Dennis Hayashi, national director of the Japanese American Citizens League, said in a press statement
        AP  -  99 words
      • Article, Illustration
        Lock icon Johnson eyes Canadian record
        102 21 AP GHENT, Belgium Ben Johnson (left) set his eyes on a Canadian record yesterday, hoping to shift attention from the memory of his stripped world records. Johnson was cast out of the 198S Olympics for drugs, losing records and sporting pride. Once more, he is in
        AP  -  102 words
      • Article
        Lock icon Violence mars Super Bowl celebration
        91 21 AP DALLAS A downtown celebration by about 400,000 Dallas Cowboys fans dissolved into sporadic violence as police attempted to control the surging crowds. The swarm of people halted the celebration parade on Tuesday, although no players or parade participants were injured. The parade was in
        AP  -  91 words
      • Article
        Marks made Aussie coaching director
        51 21 MELBOURNE Former Australian Open finalist John Marks was yesterday given the chance to lift Australia's falling status in international tennis. Marks was appointed national director of coaching with a mandate to raise coaching standards and help develop young players capable of challenging on the world
        51 words
  • Page 21 Advertisements
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      404 21 PAN-WEST UNVEILS AT PAN-WEST WggaMr V-Tech Graphite Wood Heads We fake your golfing needs very give golfers more confidence much to heart. And when it I at set up. comes to helping you play better The revolutionary Lynx Powertune golf, we believe only an excellent Graphite Shafts cater for every
      404 words
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      1015 22 Bkrcfl Nothing BeatSA Bud. WHERE TO WINE, DINE AND ENTERTAIN o* A "Heavenly" Feast Scrumptious Sichuan cuisine. Rich piping hot steamboat. Delicate Yangzhou Dianxian. Moo Sat .-I 1.30 am to 2.30pm Sun 10.30 am to 2.30pm ICING'S Havelock Road. Singapore 0316. Td: 733 0011 AMfMHiaCOIHOTm 9 EXECUTIVE I riiit i
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      Page 22 Advertisements Column 2
      306 22 SEYCH^gC l 6++ < chiW Noon 2.30pm Dinner: $36+ (Adult) Showtime: Ipm 8.45pm 9KlDl2m 0f reSerVat nS P' ease ca 734 6151. nHHSfIr 2 return tickets to Seychelles in otirj ll* Lucky Draw. >/ J Cs^6i^i|iiwj@^6^sWK «10rc»i»d*a<d Sn*apnro«2) TH *****11 Feb 7 to 28 mJ-oCal Food Fair Buffet Lunch/Dinner: $10.80"
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The long and winding road
      771 23  -  Paul McCartney talks to Jill Seijeant about his preparations for his year-long world tour Jill Serjeant Reuter HIS HAIR may have turned grey but his boyish good looks belie his 50 years and millions of fans will probably still love him when he's 64. Former
      Reuter  -  771 words
    • Article, Illustration
      Palimony pioneer convicted of tax evasion
      487 23 CHATTERBOX FAMED divorce lawyer Marvin Mitchelson. who pioneered the legal concept of palimony and represented such celebrities as Joan Collins and Bianca Jagger was convicted on Tuesday of tax evasion. A judge ordered Mitchelson jailed on US$2 million ($3.3 million) bail, but he complained
      487 words
    • Article
      Lock icon Arrivederci, Roma
      439 23  -  That's what Italian designers are saying these days, as they head for more fashionable cities. Daniela Petrofif reports Daniela Petroff AP ALL ROADS may lead to Rome, but in the world of fashion it has become a dead-end street. Long gone are the fabulous *****, when the rich
      AP  -  439 words
    • Article, Illustration
      Lock icon Eat your heart out, Dracula
      54 23 Reuter LONDON British actor Anthony Hopkins biting his waxwork dummy in Madame I ussaud's on Tuesday in a playful reference to his latest film Brant Stoker's Dracula, in which he plays vampire-slayer Professor Van Helsing. Sir Anthony donated a dinner jacket from his own wardrobe
      Reuter  -  54 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1157 23 TV RADIO Midnight's 10.30pm, W '~2 SBC 5 Hiring child-minder turns in- L adventure of horror for Jr mNL the Cow jn family. Nann\ r r —jfM ML aflfll fiendish and soon exerts a m i influence on the child. MHOr Mother has to make up for g Father's inadequacies
      1,157 words
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  • INNOVATION & TECHNOLOGY
    • IN TAKES
      • Article
        Lock icon France, Pakistan sign nuclear science accord
        100 24 AFP FRANCE and Pakistan agreed on Tuesday to a scientific pact on civilian nuclear co-opera-tion in agriculture, medicine and environmental areas, a diplomatic source said. An exchange of letters between the secretary general of Pakistan's Foreign Ministry, Akram Zaki, and French ambassador to Pakistan,
        AFP  -  100 words
      • Article
        Lock icon Campaigning against cancer mouse patent
        87 24 Reuter ENVIRONMENTAL and animal rights groups launched a campaign on Tuesday to revoke a European patent for a genetically-altered "cancer mouse" from the US. More than 200 organisations from a dozen European countries filed formal objections at the Mu-nich-based European Patent Office (EPO) to a
        Reuter  -  87 words
      • Article
        Lock icon India gets promise off rocket-engine know-how
        121 24 UPI VISITING Russian Science and Technology Minister VP Sherin said his country would transfer sophisticated rocketengine technology to India, despite US concern over its possible diversion to military development. The Press Trust of India news agency quoted Mr Sherin as telling Indian officials that
        UPI  -  121 words
      • Article
        Lock icon Radioactive concrete linked to cancer in HK
        99 24 AFP NATURALLY-OCCURRING radioactivity in concrete used in virtually all buildings in Hongkong has been linked to 13 per cent of all lung cancer deaths in the territory, a local lecturer said yesterday. Peter Yu, a lecturer in the City Polytechnic department of applied
        AFP  -  99 words
    • Article
      Lock icon Manufacturers do not see big market for electric cars
      641 24  -  The industry is beset with problems, says Ashley Seager Ashley Seager Reuter THE electric car often touted as the clean, silent answer to modern driving is much in evidence at this week's Amsterdam motor show. But despite a record 17 different
      Reuter  -  641 words
    • Article, Illustration
      Software for testing Aids virus
      549 24  -  Helen Chang reports on another first for Singapore biotech pioneer Helen Chang A SI NGAPORE biotechnology pioneer has developed a new computer program to test for the Aids virus. Diagnostics Biotechnology, recently bought by US-based Genelabs, has come up with software that will take its
      549 words
    • Article
      Lock icon Japanese laboratory seeks patent for 60 human genes
      351 24 NYT A JAPANESE research laboratory has applied to Japan's Patent Office for a patent for about 60 human genes that produce specific proteins. The research laboratory said this week that if the patent is approved, the laboratory will hold the rights for
      NYT  -  351 words
    • Article, Illustration
      Lock icon Mind over cursor: entering the era of thought-controlled computers
      532 24 NYT People now control computers with a keyboard, a mouse or in some cases with spoken commands. But at Japan's largest computer company, Fujitsu Ltd, and at several other laboratories around the world, researchers are developing ways to control a computer
      NYT  -  532 words
  • Page 24 Advertisements
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      250 24 Why our MBA students have 46 passports MBA Programme Since you will learn as much from ■21 Month MBA Programme/30 yo T fe»ow-students as from any Month Part-Time MBA Programme other source, we go to great lengths .to recruit students of exceptional 'The idea may seem absurd, but it ability
      250 words
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      5 24 offer® ■U the most fecurrejU
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      Page 24 Advertisements Column 3
      169 24 This announcement appears as a matter of record only. GUTHRE -SSBGUTHRIE GTS LIMITED (Incorporated in the Republic of Singapore) RENOUNCEABLE RIGHTS ISSUE OF 189,321,000 NEW ORDINARY SHARES OF $0.20 EACH ("RIGHTS SHARES") AT $0.23 PER RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) ORDINARY
      169 words
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  • THE LAW PAGE
    • Article, Illustration
      When an employee sits on the board
      1536 25  -  Walter Woon on the implications of hiring and firing Walter Woon The writer is vice-dean of the NUS Law Faculty A COUPLE of weeks ago I wrote a short piece on employment contracts. This elicited a query from a reader as to whether
      1,536 words
    • Article
      Lock icon Law's legacy in English language
      584 25  -  David Margolick looks at a dictionary with a difference in the US David Margolick NYT CULPRIT is short for "culpable: prit d'averrer nostre bilie," an An-glo-Norman phrase meaning "I am ready to aver our indictment." It was what court officials in old England uttered when
      NYT  -  584 words
    • Article
      From Bar Room to court room
      502 25  -  AT THE By Conrad Raj FIRST, lawyers had to stop smoking in the Bar Room of the Subordinate Courts complex in Havelock Road. Soon, they will find themselves with no Bar Room. The Sub Courts has given notice to the Law Society which operates
      502 words
    • Article, Illustration
      Law Society can discipline govt legal officers
      490 25  -  Ramesh Divyanathan on the Appeal Court's ruling Ramesh Divyanathan The Singapore Law Society can discipline government legal officers such as deputy public prosecutors, even though they may not hold practising certificates, the Court of Appeal has ruled. The ruling was made on the
      490 words
    • Article
      New book traces history of Law Society
      176 25 The Law Society in Singapore, which celebrated its 25th anniversary last year, has produced a book tracing its history and that of the bench and bar games between Singapore and Malaysia. The book also touches on the history of the courts in Singapore
      176 words
  • Page 25 Advertisements
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      188 25 O 5 2 i For Originality, i Quality and a I > a f a i 4 O 5 0 c j arnoHv Nranx 1 ndioO J K s 9 O os 0 C r ft 1 OF YOUR PRINTED z Promotional I Materials j From concept to completion CALL
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  • Article
    An art to art matter
    486 26 EDITORIAL INDIAN playwrights Vijay Tendulkar and Satyadev Dubey are probably unknown to most Singapore theatre-goers. Indian audiences, on the other hand, are unaware of Singaporean dramatists such as Kuo Pao Kun and Stella Kon. But all that may soon change. Drama audiences in both countries
    486 words
  • WHAT THE OTHERS SAY
    • Article
      Drift and one man's style
      345 26 THE honeymoon period for Thailand's Prime Minister Chuan Leekpai is oyer and it has not been sweet. Barely four months in office, he has come in for heavy criticism for being overly cautious and unimaginative in managing the affairs of state. Critics maintain that the
      345 words
    • Article
      Algeria's problems
      145 26 THE situation in Algeria is getting from bad to worse. Its army-backed leadership showed its determination to crush Muslim fundamentalism by extending indefinitely a state of emergency imposed 12 months ago to combat Islamic militants. The five-man presidency wants to extend the state of emergency because of the
      145 words
    • Article
      Another term for Labor?
      173 26 AUSTRALIAN Prime Minister Paul Keating has put forth a proposal to integrate the markets of the Pacific, Asean, North-east Asia and North America to form a common market and expand economic links. The Prime Minister's proposal is not new but reveals the country's attempt to get
      173 words
    • Article
      Greater commitment needed
      200 26 AFTER months of negotiation and mediation, failed ceasefires and hopelessly optimistic peace proposals for the former Yugoslavia, the dreadful prospect of a re-run of the Spanish Civil War the rehearsal stage for World War II still hangs over the Balkans. Just when UN peace negotiators Lord Owen
      200 words
    • Article
      Press freedom in Indonesia
      184 26 THE rapid march of technology in the realm of communication is silently warning the print media leaders here that if they want to survive they will have to reshape and update their standards, or be left out in the cold by their readers. Is the domestic
      184 words
  • Article, Illustration
    Lock icon Eyeing the top job
    752 26  -  Former trade and foreign minister and Liberal Democratic Party heavyweight Hiroshi Mitsuzuka is gunning for the job of Japanese Prime Minister Kiichi Miyazawa. Irene Kunii reports Irene Kunii Reuter RULING party baron Hiroshi Mitsuzuka, armed with newfound powers, is upstaging the Japanese prime minister with lavish
    Reuter  -  752 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      508 26 Expressions' success stories (continued) After losing 10kg so easily, I've now got less fat If and more energy!" M,h,n W' "vff o^|H|UHh "I don't think I've ever looked or felt so good. And I owe it all to Expressions' weight and inch loss nutritional supplement program. In just 3 days,
      508 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      77 26 ■mi \'n^Be&N muoMG "fae GR&EN shoots OF) GOT To "Me K»OS »M TV»e J g-PftP-LLVON J FRIE.ND.... fcIGKT KPOSTrooM J ,k < V \H€J2e»M cv&s&t- ——^(ftMorj V ruHPST OKI V V V iS (S C AMOOATK) HCWSPArtmt LTD- HP-IM3 DOOWESBURY GARRY TRUDEAU dOOPSt YSAH.rMOUT VBW USTBN.ZONK, II THANKS BUT "%L,
      77 words
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  • ANALYSIS
    • Article
      Lock icon The trouble with trade
      735 27 In the face of worsening trade relations between the US and Europe, the Clinton administration should not assume that there will be no retaliation should it become protectionist FT RARELY, if ever, can the principal trade negotiator of the European Community have visited Washington at a
      FT  -  735 words
    • Article, Illustration
      After the green revolution
      1290 27  -  In a little town in the Philippines, experts at the International Rice Research Institute are facing new challenges in their quest to keep the many rice bowls in Asia full. Nirmal Ghosh reports Nirmal Ghosh ABOUT three decades ago, scientists were worried that rice production would
      1,290 words
    • Article
      Lock icon Bill Clinton's Asian agenda
      1127 27  -  The Clinton administration's Asia policy will be based on economic principles, writes Paul F Homtz Paul F Horvitz IHT TO SIFT the clues in search of US President Bill Clinton's view of Asia is to discover something already well known but rarely applied to foreign policy:
      IHT  -  1,127 words
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  • Article
    Lock icon EC holds talks with US today in bid to avert trade war
    460 28 Brussels sending trade commissioner to clarify Washington's position Reuter BRUSSELS European Community Trade Commissioner Leon Brittan meets top Clinton administration officials in Washington today to try to avert a transatlantic trade war and revive faltering efforts to clinch
    Reuter  -  460 words
  • Article
    Lock icon Clinton to cut 100,000 jobs, slash benefits
    503 28 Americans don't want govt that wastes money, he says AP WASHINGTON President Bill Clinton moved yesterday to cut 100,000 jobs from the federal work force, banishing obscure commissions and slashing fringe benefits of power, saying Americans do not want "a government that costs
    AP  -  503 words
  • Article
    Lock icon OECD inflation, excluding Turkey, down to 3.2pc
    173 28 AFP PARIS Consumer price inflation in Western industrial countries and Japan, excluding Turkey, decelerated by 1J point to an average annual rate of 3.2 per cent last year against 4.5 per cent in 1991, the OECD said yesterday. Including high-inflation Tarkey, the average
    AFP  -  173 words
  • Article
    Lock icon India to unveil scam report in April
    122 28 AFP NEW DELHI A parliamentary body said yesterday that it would unveil the Findings of its investigation into a huge securities fraud in April after receiving replies on the case from India's finance minister and others. The Joint Parliamentary Commission (JPC) also said
    AFP  -  122 words
  • Article
    Lock icon LDP backs down to end boycott of budget debate
    316 28 Reuter TOKYO Japan's ruling Liberal Democratic Party yesterday backed down to end an opposition boycott of the budget debate, and agreed to allow testimony in Parliament from key figures in a money-and-mobsters scandal. LDP officials said Parliament would resume work on
    Reuter  -  316 words
  • Article, Illustration
    In high spirits
    43 28 LONDON Selfridge's sales assistant Valerie KafTord showing off two bottles of Elderflower champagne. The High Coot had ruled on Monday that the sparkling soft drink could be sold under the name Elderflower champagne despite objections from the French champagne industry.
    43 words
  • Article, Illustration
    Good that Jakarta plans to revamp its legal system
    773 28  -  The Bottom Line MAGGIE FORD MAGGIE FORD The writer is BT's Jakarta correspondent INDONESIA'S two top legal officers recently testified to Parliament on the government's plans to reorganise the law. In a country where the legal system is not only widely
    773 words
  • Article
    New elements in Singapore-Manila ties
    542 28  -  Ramos expected to forge expanded security links during three-day visit From From Al Labita in MANILA and Alec Almazan in SINGAPORE THE Philippines and Singapore are cxpcctcd to agree on "new elements" in bilateral cooperation during President Fidel Ramos 1 three-day state visit beginning today.
    542 words
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  • Shipping Times
    • Article, Illustration
      General cargo shipments between S'pore, S-E Asia up
      356 29  -  By Terence Lim SINGAPORE The volume of general cargo shipments between Singapore and other South-east Asian nations increased by 24.4 per cent last year, buoyed by strong economic growth in the region. According to the Port of Singapore Authority's latest issue of
      356 words
    • Article
      Lock icon Rates still weak for North Sea loaders
      428 29 Knight-Ridder LONDON Rates continued to weaken for North Sea loaders with worldscale 90 to 95 being paid for inter-UK-Conti-nent business, brokers said on Tuesday. The French charterer Elf took the Skaufast for a Feb 17, 80,000-tonne cargo from Sture to the UK-Continent and
      Knight-Ridder  -  428 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      865 29 P»ge Col ABC Containcrline 12 1 Accord Group 8 1-3 •APL 5 3-5 Alpha Feeders 6 1 •ANL* 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 Avia Airways 14 4 Bait Orient Line 7 4/5 Bangladesh Shpg 18 5 Bank Line, The
      865 words
    • Article
      Lock icon Royal Caribbean revenues rise 33pc
      262 29 UPI MIAMI Royal Caribbean Cruises Ltd on Tuesday announced an increase in net income to LS$6O.6 million (5599.4 million) on revenue of US$l.O billion for the year ended Jan 1, 1993, compared to net income of US$4.3 million on revenue of U*****.6 million from the
      UPI  -  262 words
    • Article, Illustration
      Lock icon Britain to keep both its naval dockyards open
      337 29 Reuter LONDON Britain announced on Tuesday it would keep both its naval dockyards open, but said it had not yet dccidcd which one would receive the lucrative contract to refit and refuel its Trident nuclear submarine fleet. Defence Secretary Malcolm Rifkind said
      Reuter  -  337 words
    • Article
      Lock icon Todd Shipyards chairman and four directors resign
      272 29 Bloomberg Business News SEATTLE Todd Shipyards said its embattled chairman and chief executive, Burton Borman, resigned on Tuesday, along with four of the company's directors. The directors who resigned arc Stanley Beyer, the president of the Los Angeles Philharmonic; Sidney Herman, a partner
      Bloomberg Business News  -  272 words
    • Article
      Lock icon China shipping group eyes Taiwan business
      221 29 Reuter BEIJING China is setting up a new ocean shipping syndicate this week to cope with rising trade volumes and map out policies for the resumption of direct shipping links with Taiwan, the official China Daily said yesterday. The Occan Shipping Cos Group, which
      Reuter  -  221 words
    • Article
      Lock icon Mixed views on Panamax market
      198 29 Knight-Ridder NEW YORK Shipbrokcrs on Tuesday gave mixed views concerning the state of the Panamax market in the Atlantic, but all were in agreement that the underlying tone of the "handy-size market" was one of strength and would probably remain so well into the spring.
      Knight-Ridder  -  198 words
    • Article, Illustration
      Lock icon The lady's recipe for success
      1182 30  -  Contship's managing director Cecilia Battistello explains to Bob Jaques that her approach to container operations is the same as that for Italian cooking Bob Jaques Seatrade Review WOMEN who hold down powerful positions in shipping are rare enough, but even more so when they are
      Seatrade Review  -  1,182 words
    • Article
      TRANSPORT DIARY
      296 30 COURSES 1993 Shipping courses organised by Singapore Port Institute. Feb 1 Feb 2 Handling of Bunker Barge. Feb 4 Apr 22 (10 evenpgs): International Frieght Forwarding 1 (approved-in-Principle SDjr). Feb 5 Feb 6 Handling Of Bunker Barge. Feb 23 Jan 18 (31 evenings): International Freight forwarding ll(approved-in-Principle SDF).
      296 words
    • Article
      DAILY FREIGHTS
      567 30 The dry cargo market maintained the rise begun Friday on short term panamax tightness and the Baltic Freight Index (BFI) rose 10 points to 1,309, brokers said. Pacific charterers booked up modern panamaxes last week and demand has since spilled over into the Atlantic as most vessels committed
      567 words
    • Article
      COCKETT BUNKER MARKET REPORT
      906 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      906 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      12304 38 This is a list ol ships loading at Singapore lor ports around the world. It tabulates, by destination, the name ol the ship, the shipping line involved and the estimated dates ol arrival and departure from j the Port of Singapore. LEGEND FN: ship
      12,304 words
    • Article
      SHIPPING AGENTS
      3351 43 A rIK C ontainerline NV: Bclsin Shpg Agencies Pie Lid (SVManne Handling Sdn Bhd (PK/'PN). Accord Croup: Accord Shpg Pte Lid (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: C'alsourcc Shpg Trdg Ptc Ltd (S) Ahrenkiel Liner Ser>ice: Kim Shpg Trdg (SK Albatros Sen-Air Service: Frata Shpg Pte
      3,351 words
    • Article
      COURIER SERVICES
      261 43 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80 Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Id: 344-3377. Fax: 345-6450. Cluster Link Supplies A Services
      261 words
    • Article
      AIR FORWARDERS
      1483 43 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerotiak Freight lateraational Tel: 545-8033T Fax: *****05. TcTm2-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06 Air Express International Td: 542-7666. Fax: *****74. *****50. Air Market Express
      1,483 words
    • Article
      PORT CONDITIONS
      1963 44 ALBANIA Dunes: Six vessels in port of which 2 discharging flour, 2 discharging wheat, 1 discharging potatoes, 1 discharging general cargo. ANGOLA Soyo: Kwanda base and Quinfuquena terminal remain occupied by Unita forces. Loading continues as scheduled at Elf terminal Palanca, and loading scheduledto resume at Quinfuquena directly
      1,963 words
    • Article
      SHIP SALES & TANKER RATES
      673 44 SHIP SALES TANKER RATES There is still serious enquiry from a significant number of buyers for modem tonnage, but owing to the lack of quality units seriously available, the only sales coming to light this week feature older \mits. On the dry side handyside bulkers continue to create interest, even
      673 words
    • Article
      AIR FREIGHT SCHEDULE
      554 44 ARRIVALS Op Flight Type ETA T Fran TODAY KAL KE697 B747F 0150 I SEL SIA SQ827 B747F 1730 2 CPH/DXB CLX CV794 B747F 1845 I LUX/DXB NCA KZ203 B747F 1930 I NRT KAL K.E685 A30F 2345 1 SEL/MNL TOMORROW JAL JL6I5 B747F 0240 I TYO NWA NW901
      554 words
    • Article
      CRUISE & FERRY SCHEDULES
      509 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Air Pep .Name of Vcssd ETA ETD Ports of Calls Port Agent Telephone No FEBRUARY II 12 Royal Viking Queen 0800 1400 Asean Cruise Barwil Agencies 225-2577 11 12 Regent Spirit 2100 1800 Cruise to nowhere Regency Cruises 271-2911 12 12 Ddfin Scar 1430 1800
      509 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        476 45 Vessel Von No Berth Arrival Departure Jurong Port Gold Asia J8 alongside 1112/1500 HMS 1/B 003,93 J2 alongside 1112/1200 Paciro PV127 J3 alongside 11 12 0600 Akebia 1 J4/5 11 12/2000 12.12/2300 ASL 21/B TWO J2 11.12,0700 1212/2300 teca I 198 17/8 11 12/0900 12.12/2300 Cheung Hing
        476 words
      • Article
        CONTAINER SCHEDULES
        1562 45 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Voy Wo Containers avatabte Dragon Java 36N 09.0293 0714 Ocean Osaka 26/506 0902.93 0800 Aries 9313A 09.02.93 0945 S pore Glory 302N 09 0293 1045 Mefchantk Bar 01CW93 0902.93 1050 O Sincenty 53A 09.02.93 1055 ACX Lilac 14A 09 02.93
        1,562 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Ford expected to launch credit card with Citicorp
        659 48 Bloomberg Business News DETROIT Ford Motor Co, on the heels of General Motor Corp's entry into the eredit eard market, is expected to launch its own rebate credit card with Citicorp today. Detroit's second largest car maker would not confirm or deny
        Bloomberg Business News  -  659 words
      • Article
        Lock icon GM faces national campaign to recall pickup trucks
        303 48 Bloomberg Business News WASHINGTON Almost two dozen consumer, health and safety groups banded together on Tuesday in efforts to force General Motors Corp to recall about 4.7 million 1973-87 pickup trucks that they insist are "rolling firebombs". The Center for Auto Safety
        Bloomberg Business News  -  303 words
      • Article
        Lock icon Volkswagen's global plan suffers setback
        441 48 Bloomberg Business News WOLFSBURG, Germany Two years ago Europe's largest car maker started its most ambitious expansion since the *****. Two years ago Europe's largest economy was in its biggest consumer boom since the *****. And now it's recession. Volkswagen AG, like all its domestic
        Bloomberg Business News  -  441 words
      • Article
        Lock icon Kiwi International to get full financing for new aircraft
        324 48 Bloomberg Business News NEWARK, New Jersey Kiwi International AirLines said on Tuesday it reached agreement with foreign investors for 100 per cent financing for new state-of-the-art aircraft. Kiwi will also share in future sales of the planes. The startup airline began
        Bloomberg Business News  -  324 words
      • Article, Illustration
        Lock icon Killing time
        32 48 Reuter Tll "assengcrs passing the time by reading papers in the door of a stationary train at Paris's Gare de Lvon on manslaußhler^'fler^'s€Hou*°rai^ccidenl'ago.-'r eu'.Tr Pr#,eS f rain dr V for
        Reuter  -  32 words
      • LOG BOOK
        • Article
          Lock icon Founder of tanker fleet dies
          134 48 NYT BERMUDA Eriing Dekke Naess. a former chairman of the Anglo-Norness Shipping Co. a tanker fleet, died last Sundav at his home in Bermuda. He was 91. His son Michael said Naess died of complications from kidney failure. Naess established Anglo-Norness in Bermuda in 1959.
          NYT  -  134 words
        • Article, Illustration
          Lock icon Smuggled cars seized by HK police
          62 48 Reuter i—imm j HONGKONG Police officers inspecting one of 20 stolen luxury cars that were seized during an attempt to smuggle them into mainland China by a crime syndicate that included members of Hongkong's Customs Department on Tuesday. Thirteen people were arrested including six
          Reuter  -  62 words
        • Article
          Australia proposes aviation panel
          67 48 CANBERRA The Australian government has proposed the creation of a three-person international arbitration panel to resolve a dispute with Northwest Airlines over the right to carry passengers from New York to Sydney via Osaka. Jim Wolfe, aviation adviser to Transport Minister Bob Collins, said yesterday that
          67 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1279 48 ti* FHX ETP Abu Dhabi GA887 1500 MeWdte QF81 1935 Qf82 2050 SQ228 2040 Amsterdam SQ319 0810 KL838 2350 KL837 1545 Athens SQ347 1730 Auckland NZ21 1710 BAM 1310 NZ28 1840 SQ288 2045 Bahrain Gf 148 0650 I Serl Begnraa BM21 Tl05 SQ182 0930 SQ18I 1425
        1,279 words
      • Article
        Lock icon Alliances needed for survival, say airlines
        218 48 Reuter FRANKFURT Growing demand and stiff competition will force airlines to rely on business alliances to survive in the *****, according to airline executives at a symposium on Tuesday. As passenger traffic and market demands grew and competition intensified, only carriers able to offer
        Reuter  -  218 words
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  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      612 30 TODAYS TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1900 1400 1500 1600 1700 1000 1900 2000 2100 2200 2300 2-2 2.7 2.9 2.1 2.5 14 12 04 0.5 0.5 0.7 L 2 2.0 2.7 34 3.0 2.7 2.1 1.5
      612 words
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      Page 31 Advertisements Column 1
      1784 31 OOCL (8) PTE LTD JAROINE SHIPPING AGENCIES *****11 FAX: *****09 BOOKINGS TEL: *****34 *****58/ *****40 \llfl# CPS (PSA F5) TEL: *****21/ *****79 WOTNM» JAROINE SHIPPING AGENCIES SON. BHD. niWA^fl PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 L vQuflp J Dedicated to Quality Service I 0^TCL^*****3/Vf>^M 6 27 M 1 TEL *****6
      1,784 words
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      Page 31 Advertisements Column 2
      1552 31 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 (Mjuascll UHTEDARAB SHIPPING CO.(SAC)j /J To USEmtCom aae— Iw i=n| lammmmm ivu am n/%i imi II "255L2 jg w wi u/* iv« I *vu w* am am am I V* v» m/m urn iv« I ""*"222 am a« nm nm I itjommmmm
      1,552 words
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      Page 31 Advertisements Column 3
      1103 31 MAKE YOUR BOOKING NOW TO CARIBBEAN/MEXICO/CENTRAL AMERICA/ SOUTH AMERICA MARGRETHE MAERSK 9304 ETA SIN 16TH FEBRUARY 1993 V«M« Voy ETA ETD F«ad«r by I" 1 a-iM/MM DESTINATIONS MargrMh* MmtM 9304 CFS H/2 0300 HWS JOH LPK PEN OAK LOW HOP SOO ATL MIA !5T EMARGHCTHC MAERSK 9304 |i 6/2 17/2
      1,103 words
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      Page 32 Advertisements Column 1
      1294 32 W I H I B HH B MTfl S r Taqaba] RDAM/ ti T^ VOY NO S PORE JEDOAH (via JED) S TON H BURG ANT HAVRE ■7M73 HOECHST EXPRESS 07/305 13/2 23/2 1/3 3/3 6/3 8/3 10/3 n TOKIO EXPRESS 09/106 18/2 6/3 9/3 7/3 mi KFIMKA muac DANUBE
      1,294 words
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      Page 32 Advertisements Column 2
      621 32 FCL Break bulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.1.5.-Vostochny, Vladivostok. Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea a Vietnam a Mongolia a Hungary CSFR a Poland ocwrans AGENCCS (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel KTA MN VILLE DE LA FONTAINE
      621 words
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      Page 32 Advertisements Column 3
      1217 32 Rlvaaaaia un REgULARJNDEPENDENT FULL CONTAINER SERVICE br^. 9250 3 3S IiJS gffi Krof u/I 3 tg& Sk 822 I! 02/03 24/03 26/03 29/ M 30/03 lull SS& 22! IV£ 9301-3 09/03 J o /03 S/04 06/04 07/ M M/M 09/04 NORASIA PEARL 9250 3 19/02 23/02 09/03 12/03 U?3 i?/03
      1,217 words
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      Page 33 Advertisements Column 1
      1746 33 H STRAITS SHIPPING PTE LTD 10 Hoo Chiang Road #11-01 Kefpd Towers Singapore 0200 Tel: *****01 Fax: *****17 j ljb n-ifr* iff* tVWIfIPJWfr Sm!SSSF 12-13 Frt 15 Feb 16 Feb 111 SETEU Z2 SLZV" WAX SSSK n« Tn 23-24 Feb 24 Fab 2C FA SK* MMNOUmi£ PIMM PENH VOtt Hiiii,
      1,746 words
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      Page 33 Advertisements Column 2
      1401 33 no rv r« Singapore agent: I"WI 1 I MO Container* (Singapore Agencies) Pte Ltd vjvllicilllvl O 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 IS 25 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z regJSmaersk 9XM .7*° T. G 400 T Jf*. M/k v r
      1,401 words
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      Page 34 Advertisements Column 1
      668 34 w* wit riMir *mw I bum inm x-nn I x/ 3 "31/3 s/« n/4 TO AUSTRALM^™^ %N^ KL/VOY PKL |$TOg|STD Inn I MBS UK ACQ WO lAYAMHTA/***** 13/2 14/2 27/? 2/3 4/3 a TBA/01S 17/2 16/2 2/3 S/3 WO AUSTIALIA/42S 1/3 17/3 tt/3 14/3 SOUTH-NEST PORTS va/wtt rm stcte ftu
      668 words
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      Page 34 Advertisements Column 2
      1716 34 HANJIN SHIPPING ft* *Sl SM IM HAUL SEA VCR FDR VSI SM llltt HAU SAV IM NYC HI FOnSTOWE 016E 20/2 ORICT 11/3 12/3 HANJM KUNSAN OME 15/2 H SAVAIMAH 03K 25/3 26/3 28/3 HMUN POHAN6 1261 22/2 H MASAN 077E 18/3 11/3 HMUH POHANC 126E 22/2 M ASM 0081
      1,716 words
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      Page 34 Advertisements Column 3
      1057 34 y i j-IJTTrrar^ 11r,"j llon OM 2/3 3/3 1/1 11/1 12/3 15/3 U/3 11/3 19/3 »/3 22/3 2/4 14/4 lt/4 I'/J "/J 2'! 2/J T/* if/* !2« I ■^(SStSii'ra 15 317/1 ~/J 22/121,1 H/J2l/3 27/3 n/J ,/4 21/4 /4 M/ 4 4/s w »;i R v\ I 124 Ire"** STO
      1,057 words
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      Page 35 Advertisements Column 1
      1195 35 r-T 1 ACE: HUMBER BRIDGE 27W ETA SGP 13/02/93 II II II ETA RDM 01/03/93, FLX 02/03/93, BRE 04/03/93, LEH 06/03/93 U 11 II *R1 SCX: Connocting C. Pegasus ¥oj 1* in HK6 H *R2 SCX: Connacting C. Jupiter Voy 62E in HKG NORTH WEST EXPRESS (HWX) EXPRESS I 1/
      1,195 words
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      Page 35 Advertisements Column 2
      293 35 HEUHG-A SHIPPING I Korean Flag Vessels STRAITS/KOREA SERVICE no. SR m MS BN HC HOI IMMB MM 11/02 11/02 23/12 27/02 01/03 02/03 HO (00MM 302* 20/02 23/02 M/ 03 00/03 10/03 11/03 QOTMEIMD M 307 20/02 21/02 20/02 02/03 03/03 04/03 L OUDBOVr 30M 25/02 27/02 04/03 00/03 00/03
      293 words
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      Page 35 Advertisements Column 3
      152 35 CENTENARY SHIPPING SERVICE WEEKLY FOLL OOffTAIMER DRECT SERVK2 SINGAPORE/HO CHI MINH OTY Nov provfdng Container Tracking toVungtauL from Ho CM Mhh Qty VESSEL'S NAME VOT. W> ETA/D S'PORE ETA/O MCM OTY TAN AH AM 70N/S 10-10 FEB 10-10 FEB A3 TAN AM AM 77N/B 23-23 FEB 20-20 FEB 03 TANAM
      152 words
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      Page 35 Advertisements Column 4
      1097 35 SINSOV SINGAPORE SOVIET SHAPING CO PRIVATE LTD BOOKINGS: BALT ORENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQIMRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 iOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUO—OBCHMCTgj WESTBO>JWD-IOWiK~ TWStgftD VIA MTTETOAM
      1,097 words
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      Page 36 Advertisements Column 1
      1576 36 K* W* M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/^9 i V%J Md MALAYSIA: *K" UNE MARITIME (MALAYSIA) SON BHD 1 ASL Mm*f A X JL*/ TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 ■m KAWASAKI
      1,576 words
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      Page 36 Advertisements Column 2
      1121 36 PHI LI-on If NT UNCS PTi LTD 4% Y Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 %12 BY air, land or sea.... WE TAKE ON THE WORLD FOR YOU Hig MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION p >~i io cli SYDNEY MELBOURNE. BRISBANE.
      1,121 words
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      Page 37 Advertisements Column 1
      846 37 faaaaflff PACIFIC INTERNATIONAL LINES (PTE) LTD) I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I I CR NO **********0€ I K BIW HKQ SIN CMS JIB HOO JED AOJ I *0/2 22/2 1/3 3/3 7/3 I Ifori IS?" 021 21/2 25/2 3/3 »/3 12/3 14/3 I KOTA NAQA NQAOIS
      846 words
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      Page 37 Advertisements Column 2
      1291 37 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY F P GUDANG PENANG I PKELANG OCEAN VSI/VQY SIN SOU (1) RTM (2) HAM (3) GOT (4) E '2/2 12/2 13/2 ALSIA 3052 16/2 £75 V 3 £75 10/3 E 19/2 19/2 20/2 BENAVON 3062 2312 1275 1475 1575 1775 D 26/2 26/2
      1,291 words
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      Page 37 Advertisements Column 3
      307 37 I BSA° TRANSPORTATION M MYANMA PM FIVE STAR UNE (Myanmar National Line) Loadmf for Yangon (Rangoon) S'pore P.KIf Pen P.Gdc MYOMA YWA VI46W p,* MYITKYMA V4CON IS/17 Fab MM VI2OW 16/19 Feb 13/15 FA PAGAN VI93W 22/25 Feb MftUnU AGENTS BOUSTEAO SHPPMG AGENCCS Ml: IE 03-*****00 1*1: IE (3-3CM7C7 Kit
      307 words
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      53 39 1/C VISA FREIGHT SERVICES PTE LTD Q Established Since 1984 OCEANIA PORTS REGULAR GROUPAGE lcl consolidation AUCKLAND SYDNEY IMPORT EXPORT HELBOURNE FREMANTLE SERVICES yj FOR BOOKING fir SAILING SCHEDULE, CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL: 1800 *****66 TOLL-FREE TEL:
      53 words
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      Page 40 Advertisements Column 1
      1793 40 FuU Container Liner Services ***.<> Genera/ Agent* Booking Agents: Goon Gun Shipping Sdn Bhd Chung Chine Shipping Sdn BM P T Global Pwtri Indonesia Maritime Costor Shipping Pie ltd M3 3 „ZT ,'^wu 2 Mistn Road 47 HM Street ***** Port Hang Wisma Stephens i*k*rt* Pu«r HMC Building *15 00
      1,793 words
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      Page 40 Advertisements Column 2
      578 40 EXPORTS TO HONGKONG, TAINAN, MANILA I JAPAN "TWICE NEEKLY" MALACCA STRAITS SERVICE < OUIKMP WT Wl PBI XT SW It «6 KAO Kg TTO YOK 8B HCO KM HEHEL VOT |SM [So ISI M I KX WOUT 17i "IK "11.82 102 12.02 1102 13.12 23.02 23 02 24 02 25.«
      578 words
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      Page 40 Advertisements Column 3
      500 40 1 I WWI VOV JAKARTA SPOREBANGKOK MAMLA GUAM S<UWU*^^| 1 ra 3 MM. MM IS MM 16 -fi l 0g W «1- MM 27 MM 30 AW 5 APR II M 12 I wssa w* CT^fl^s^vsM3ono^^^GUM^^roS^nSS^ssor!uKtMiS^^| I OCOIBA EXPRESS SO FIB 27 ASM LIT ¥49 AM I APR 13 I
      500 words
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      564 41 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LMMSSOL/PKEAUS 13/2 ROTTERDAM 13/2 HAFA/ASHDOD/ALEXANDRIA 13/2 HAMBURG/BREMEN 13/2 MARSEILLE/FRANCE 13/2 FELIXSTOWE/UK 13/2 BARCaONA/SPAM 13/2 LEHAVRE/ANTWERP 13/2 GENOA/ITALY 13/2 GOTHENBURG/SCANDINAVIA 13/2 LOS ANGEIES/WC/IPI 13/2 SYONEY/MELBOUtNE 14/2 NEW YORK/EC 13/2 FREMANTIE/ADELADE 12/2 VANCOUVER 13/2 BRISBANE
      564 words
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      Page 41 Advertisements Column 2
      621 41 RICHFIELD MARINE AGENCIES (S) PTE LTD UTEL *****33 (12 Lin«S) FAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 Lines) I}® ETHIOPIAN SNIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA LOADING FOR SPORE ANOtNET 29W8 24/03 DAR£SSALAAM MOMBASA. DJIBOUTI ASSAB MASSAWA NET SANE T »We 20/04 OARESSALAAM
      621 words
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      Page 41 Advertisements Column 3
      666 41 JAKARTA BANGKOK I 1 I "J I— imi mmm W "HUM 65S 12/2 U/2 lARU BHUM MM fri 12/2 M» 15/2 WTI BHUM 17S 13/2 17/2 "AMTA BHUM 12W Ut 13/2 MX 17/2 NANA BHUM 17«S 17/2 21/2 OMCOW SEWTOSA 22H S«« 13/2 Tw lt/2 RAJA BHUM {(s 19/2 23/2
      666 words
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      Page 41 Advertisements Column 4
      335 41 &m&l MR-IK BAY OF BENGAL SERVICES no> mom si» 12-13/2 iSS/5 KvJi I m MBS MM IS-16/2 21-23/2 9142/2 I IKB STM MR 17-11/2 M-2V2 9344/3 I wasroat Mm 2223/2 4142/3 9449/3 4MEB9H2E MM 11-12/2 11-22/2 29-29/2 I nea luaa 11-17/2 23-27/2 9M6/J I EMU BBS 111 19-28/2 2*42/3 IMS/3
      335 words
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      1053 42 R— fIMAC-NELS GROUPAGE I HKG/TWW/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PFN PK ciu 17/2 18/2 19/2 IS 1 J 0 1 Ldn/Fh/Rdm/Ant/LHV 11/2 12/2 13/2 nn 'Z X Z M Wl 15/2 MM Kedunj/Kaohsiuni Skm/Bk*.. 12/2 13/2 14/2 18/2 19/2 20/2 JPN/BUSAN/MANILA I 15/2 16/2 17/2 Bangkok R 17/2
      1,053 words
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      Page 42 Advertisements Column 2
      911 42 I THONG SOON LINES PTE. LTD. I 77 ROBINSON ROM) #15-00, #16-00 SM BULDMG SINGAPORE 0106 I TEL: *****88 FAX NO: *****11, *****22 I RS ***** ENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA —VESSEL W [S'PORE IICST VESSEL m Vuim l» «n«c I EQUATOR GRACE 79/3E
      911 words
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      106 45 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and I relevant book reviews. I 5) ENTERPRISE MANAGEMENT, in k Business Times every Monday, is must )i reading for managers who want the y_ J
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      Page 46 Advertisements Column 3
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      Page 47 Advertisements Column 2
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      Page 47 Advertisements Column 3
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