The Business Times, 12 February 1993

Microfilm: NL18516
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA (P) 552/12/92 Friday February 12 1993 75*
    13 words
  • 2am LATEST
    • Article
      Lock icon Italian Socialist leader Craxi resigns
      46 1 Reuter ROME Italian Socialist leader Bettino Craxi, bowing to severe pressure within his party over a corruption scandal, has resigned. Mr Craxi, a former premier, has been officially notified that he is under suspicion of involvement in a huge bribery scandal.
      Reuter  -  46 words
    • Article
      Lock icon Pentagon will cut less than US$10.8b
      47 1 Reuter WASHINGTON US Defence Secretary Les Aspin says the 1994 US military budget cut will be less than the US$lO.B billion (5517.8 billion) forecast in reports because of increased spending on key capabilities in the wake of the Cold War. Reuter
      Reuter  -  47 words
    • Article
      Lock icon Lufthansa airliner hijacked
      33 1 UPI BONN A gunman has hijacked a Lufthansa Airliner heading for Cairo and ordered the pilot to fly to New York, where he reportedly wanted to surrender to the authorities.
      UPI  -  33 words
  • Article, Illustration
    MARKET SUMMARY
    107 1 Sfttli Mriwt jndicci Tkarsday Ckaacc STII 1.621.47 -4.43 KLSE Composite 6 J5.S4 -2.7g Nikkei dosed Hang Seng 5,8757.0 +21.45 SET Index 991.21 I 0S Jakarta Composite ...299.61 +0 22 CLSA China B —1,594.73 -I2.M 1,599.1 +S.5 FTSEIOO 2,134.3 +I7.9 Ttanday PmUi mi due Dow Jones 3.433.76 3.412.42 Exdwge
    107 words
  • Article
    KL, rulers strike compromise on issue of legal immunity
    690 1  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA'S nine hereditary rulers and Prime Minister Mahathir Mohamad's government reached a compromise yesterday over efforts to strip the rulers of their legal immunity from prosecution, defusing a two-month-old constitutional crisis. In a joint declaration
    690 words
  • Article
    GM posts biggest loss in US corporate history of US$23.5b
    166 1 DETROrr General Motors Corp reported the biggest-ever corporate loss yesterday, ending a dismal 1992 with a total of U5523.5 billion (5538.8 billion) in red ink for the year. In the final quarter of last year, the world's biggest car maker
    166 words
  • Article, Illustration
    Bombay proposes 5 major joint ventures with Singapore
    446 1  -  From Salil Tripathi in BOMBAY THE Maharashtra state government has proposed five major projects with Singapore in and around India's financial and commercial capital of Bombay. The projects are: an international business centre; an offshore freeway to link the island city of
    446 words
  • Article, Illustration
    I'll restore Chinese chamber to former prominence, says new head
    460 1  -  By Lee Han Shih SINGAPORE Sweeping changes are expected at the once-moribund Singapore Chinese Chamber of Commerce and Industry, which yesterday elected its second-youngest president in its long history. In his acceptance speech, Kwek Leng Joo, 39, promised to pull
    460 words
  • Article
    Ramos calls for body to manage a growth triangle with S'pore
    374 1  -  By Alec Almazan SINGAPORE Philippine President Fidel Ramos, who arrived here yesterday on a three-day state visit, has proposed the creation of a joint Philippine-Singapore Commission and a growth triangle arrangement between Singapore and the Philippines. The proposal was
    374 words
  • Article
    Mexico, PNG apply to join Apec, Russia, Macau and Chile also keen
    496 1  -  By Yang Razali Kassim SINGAPORE A number of countries are knocking on the doors of A pec seeking membership at a time when the Clinton administration is pushing for fairer global trade. Mexico and Papua New Guinea have
    496 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Industrial output set to rise
        316 2  -  By Anna Teo WHEN fourth-quarter data is released later this month, the quarterly index of industrial production (pegged at 100 in 1989) is likely to show a surge to almost 130, a new high. That's the indication anyway, going by the latest figures on electricity
        Source:PUB/Dept of Statistics  -  316 words
    • Article
      Corrections & clarifications
      62 2 Corrections clarifications IN OUR ARTICLE headlined "Court orders PCI to pay unionised staff bigger bonus" on Tuesday, we used the term "unionised staff'. The United Workers of Electronic and Electrical Industries, which was involved in the case, has clarified that it should be "bargainable staff' as some of the staff
      62 words
    • Article
      Scottish investment body sets up office here
      184 2 SCOTLAND'S inward investment agency, Locate in Scotland (LIS), has set up a Singapore representative office in a bid to attract local companies that wish to target the European market. Malcolm Garrity, LIS' Hongkong-based vice-president for Asia, said Asian investment accounted for 15 to
      184 words
    • Article
      Orchard Rd department stores need to fill 1,000 sales jobs
      445 2  -  By Sylvia Wong FOUR new department stores opening in Orchard Road this year are trying to recruit more than a thousand sales staff in a market where jobs already exceed the number of workers. Takashimaya, Isetan and Tangs Studio have
      445 words
    • Article, Illustration
      Younger men occupy seats of SCCCI council
      348 2  -  By Lee Han Shih THE Singapore Chinese Chamber of Commerce and Industry (SCCCI) will soon be run by men much younger than the current incumbents, in much the same way a younger bunch of people are now running America. Figures given by SCCCI
      348 words
    • Article
      Businessmen and ex-ministers in Apec think-tank
      390 2  -  By Yang Razali Kassim SEVERAL prominent businessmen and former ministers from the region have been inducted by Apec into an Eminent Persons Group empowered to chart the 15member body's future trade till the turn of the century. The high-powered thinktank was announced by the
      390 words
    • Article
      Cargill's S-E Asian unit gets Approved Int'l Trader status
      166 2 CARGILL Commodity Trading Pte Ltd, the South-east Asian trading arm of America's largest privately-owned corporation, Cargill Inc, has been awarded the Approved International Trader (AIT) status. The AIT scheme enables Cargill Commodity Trading to enjoy a concessionary tax rate of 10
      166 words
    • Article
      Rebate for business losses unlikely
      304 2 Goods and Services Tax BUSINESSES which pay Goods and Scrviccs Tax on fcc-bascd incomc but post losses at the end of the financial year arc unlikely to be given a rebate for the GST, government sources say. They say GST is to help the government
      304 words
    • Article
      Insurance firms and leasing companies may have to pay
      366 2 THE general insurance industry and the leasing business will probably have to pay the 3 per ccnt Goods and Scrviccs Tax. Leaders of the two industries said yesterday they would form committees to study the implications of GST and give feedback
      366 words
    • Article
      Dialogue sessions, seminars for traders and professional bodies
      325 2 c JRAS to This is a daily column of the Inland Revenue Authority of Singapore to promote understanding and discussion of the GST UNDER the proposed GST system, traders collect tax from consumers and account for the tax collected to the Inland
      325 words
    • Article
      Call for new laws to check profiteering when tax is introduced
      308 2  -  Reports by Quak Hiang Whai, Soh Tiang Keng,Chuang Peck Ming THE Consumers' Association of Singapore (Case) has called on the government to pass new laws to back it up in its fight against profiteering when the Goods and Services
      308 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      194 2 Capture your precious moments wiik ■AH designtime TV| DESIGN TIME (S) PTC LTD J Tet *****33 mm SWCAfODEEXFOHT SHOWCASE PP||L jK&jfgm MM BaiMiag UWMM SHOWCASE SmpponCnatcCcMT QSI/S V&Q;... t the Apollo Hotel, Valentine's Day is a Jj more an J u<B^a roman ti c dinner for two. wiwfcHi? It's also
      194 words
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  • THE REGION
    • Article, Illustration
      Lock icon Mitterrand urges factions to give peace a chance
      447 3 Sihanouk sees no major warfare but little chance of true peace in Cambodia Reuter PHNOM PENH French President Francois Mitterrand urged the Cambodian factions yesterday not to throw away the chance for peace and to respect the terms of the treaty they
      Reuter  -  447 words
    • Article
      Lock icon France asks Vietnam to free political prisoners
      224 3 Reuter HO CHI MINH CITY France has asked Vietnam to free political prisoners and visiting French President Francois Mitterrand has promised Hanoi's communist government rare Western political and economic support. In Hanoi, French Foreign Minister Roland Dumas gave Vietnamese Foreign Minister Nguyen Manh
      Reuter  -  224 words
    • Article
      Jakarta assures neighbours it is no threat
      266 3 JAKARTA South-cast Asian giant Indonesia, which is strengthening its military hardware, told its neighbours yesterday it posed no threat to them. "President Suharto stressed that neighbouring countries do not need to worry about our military development," State Secretary Murdiono told reporters. He was
      266 words
    • Article
      Untac has tough job keeping tabs on Cambodian currency
      454 3  -  Notes are printed in Moscow whenever deficit rises By Harish Mehta SINGAPORE A flight from Moscow carrying a secret cargo of Cambodian currency notes touches down at Phnom Penh's Pochcntong Airport, and within hours the cash is injected into the Phnom
      454 words
    • Article
      Manila dismisses sultan's threat of war over Sabah as absurd
      340 3  -  By Alec Almazan SINGAPORE The Philippine government has described as "absurd" a threat by the Sultan of Sulu, Jamalul Kiram 111, to wage a jihad (holy war) to secure Sabah from Malaysia. Philippine Press Secretary Rodolfo Reyes said here yesterday
      340 words
    • ASIA NOTES
      • Article
        Lock icon Taipei firms pump US$3b into Xiamen
        98 4 Knight Ridder HONGKONG Taiwan companies invested U552.97 billion (554.9 billion) in the Xiamen Special Economic Zone of China in Jan-Scp, the official China Daily said yesterday. The English-lan-guage newspaper said 3,750 Taiwanese-funded enterprises were accepted in the zone, which is in south China on
        Knight Ridder  -  98 words
      • Article
        Lock icon Patten pays libel damages to UK MP
        100 4 Bloomberg Business News HONGKONG The territory's governor. Chris Patten, apologised yesterday and paid "substantial" libel damages to a British Labor MP for naming him as a member of a Trotskyist organisation. the South China Morning Post reported. Mr Patten wronglv named Liverpool MP
        Bloomberg Business News  -  100 words
      • Article, Illustration
        Lock icon Small wonder
        53 4 Reuter TOKYO A researcher inspecting a meteorite that fell on a house in western Japan after travelling through space for possibly 61 million years at the National Science Academy on Tuesday. The 6.5 kg gourd-shaped meteorite, said to be probably 4.4 billion years old, crashed through the house
        Reuter  -  53 words
      • Article
        Lock icon Record high investments
        140 4 AFP HONGKONG China's total investment in Hongkong and Macau hit record heights last year, surpassing USS2O billion (SS33 billion). Xiang Nan, head of the China Poverty Aid Foundation, said in a signed article in the Beijing-funded Wen \Vei Po yesterday that the bulk of the investments stemmed
        AFP  -  140 words
      • Article
        Lock icon Jakarta warned of energy crisis
        89 4 Bloomberg Business News JAKARTA Indonesia, the largest crude oil producer in Southeast Asia, must increase its capacity to refine oil and distribute refined products or risk an energy crisis, said Faisal Abda'oe, president of the Indonesian state oil company, Pertamina. Indonesian government restrictions on foreign
        Bloomberg Business News  -  89 words
      • Article
        Lock icon UK urged to scrap HK reform plan
        92 4 Bloomberg Business News BEIJING China's Foreign Ministry spokesman, Wu Jianmin, called for Britain to show "sincerity" by withdrawing a political reform plan for Hongkong. He was asked at a briefing to comment on the decision by the territory's Executive Council to allow the
        Bloomberg Business News  -  92 words
    • Article
      Lock icon BJP plans to mass 1.5m people in New Delhi to demand early election
      337 4 AFP NEW DELHI India's main opposition party is finalising plans to hold the biggest public rally ever organised here as part of its relentless campaign for power on a brazenly Hin-du-revivalist platform. The Bharatiya Janata Party (BJP)
      AFP  -  337 words
    • Article, Illustration
      Lock icon Taiwan businessmen welcome Lien's nomination as prime minister
      518 4 He is expected to protect corporate interests and provide political stability Reuter TAIPEI Taiwan's business community yesterday welcomed the nomination of provincial governor Lien Chan as premier, saying he was likely to protect corporate interests and provide political stability. Mr Lien, 56,
      Reuter  -  518 words
    • Article
      Official figures confirm HK is world's top container port
      404 4  -  Singapore had that title in '90 and '91 From Stephen Vines in HONGKONG IT'S official now. Hongkong is the world's No 1 container port. Figures released by the Hongkong government showed that the port handled 7.9 million TEUs (twenty-foot equivalent units)
      404 words
    • Article
      Lock icon Surprise fall in jobless rate boosts Keating's election hopes
      438 4 Reuter SYDNEY A sharp fall in Australia's seasonally-adjusted jobless rate gave an unexpected boost to the election hopes of Prime Minister Paul Keating yesterday. But the shine was taken off the news by a jump in the number of unemployed to
      Reuter  -  438 words
    • Article
      Lock icon Asia emerging as major production base for Japanese products
      700 4 AFP TOKYO As Japan rebuilt its shattered trading ties with Western countries after World War 11. the United States came to be known as the country's farmyard, Europe as its boutique and Australia as its quarry. Asia, which bore the brunt
      AFP  -  700 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      215 3 Editorial: Mitterrand's franc talk, Pg 20 I Still Singapore's Coolest Choice, I I Seven Years Row. I Pggg^^ggMMMMMWMM— jS^SS^ZSSS!SSMMSSSSSSSSM^Z^SISIj^^SSS^SS!!!^S!^SS!!^^^SSS!!!!SS^S!^S!^!?^^?!!^SE^^^sgg!^Eg!g!''^^ M > ———^———^!^3 I f' —jJiHicirii a I f S=;:;S==:""- I I ==r I ■B k'.U',V. ''mi M KTT I s ff^str^—<~-l I teI s ?Jrr&T From he smolles compoct and
      215 words
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  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      92 4 GLCs are good, challenge I them to MBOs. Help them to have ownership. It's only when they get ownership that they 1j V\ will be able to develop the I jflip Entrepreneur Peter 800 explains why jMf the government must take its hands Jr JW business if it's serious about
      92 words
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  • THE WORLD
    • Article
      Lock icon Bonn sees GDP shrinking 1pc in worst forecast for 10 years
      438 5 FT BONN The German government has produced its gloomiest annual economic report in a decade, forecasting a decline in gross domestic product of up to one per cent. It was promptly attacked by the opposition for excessive optimism. Gutter
      FT  -  438 words
    • Article
      Lock icon France's ruling Socialists attack opposition's election manifesto
      306 5 Reuter PARIS France's ruling Socialists, apparently headed for a major defeat in national elections next month, have launched a barrage of criticism against the programme of their centre-right opponents. "This programme is inefficient and dangerous," former premier Laurent Fabius, head of the Socialist
      Reuter  -  306 words
    • Article
      Lock icon Delors hits out at currency grid quitters
      258 5 Reuter BRUSSELS Currencies that leave the European Community's Exchange Rate Mechanism rather than moving within it threaten both the grid's stability and their own health. Commission president Jacques Delors said yesterday. In a thinly-veiled reference to Britain, which along with Italy dragged its
      Reuter  -  258 words
    • Article, Illustration
      Lock icon No time to waste
      66 5 Reuter SALISIE, Romania Greenpeace workers gingerly handling toxic waste in this village, 270 km north-west of Bucharest on Wednesday. The environmentalist group has already made safe four of 425 tonnes of chemicals dumped illegally in Romania by encasing them in new containers. The German government has
      Reuter  -  66 words
    • WORLD WATCH
      • Article
        Lock icon Polish govt sets Budget ultimatum
        86 5 Reuter WARSAW The Polish government is ready to resign unless Parliament passes its 1993 Budget, raising the stakes ahead of a crucial vote on the draft. Prime Minister Hanna Suchocka issued the warning to all the political factions in Parliament, emphasising that there was virtually
        Reuter  -  86 words
      • Article
        Lock icon German union brandishes strike threat
        59 5 FT BERLIN 1G Mctali, Germany's engineering trade union, has said it will use the strike weapon "as the last resort" if employers refuse a wage increase of over 10 per cent this year for its members in east Germany. The warning on Wednesday followed the
        FT  -  59 words
      • Article
        Lock icon Minister sacked over racist riots
        78 5 AFP SCHWERIN, Germany A regional interior minister has been fired for failing to crack down on anti-foreigner riots in Rostock last year that touched off a wave of nationalist violence in Germany, according to an official announcement. Lothar Kupfer, the interior minister for Mecklenburg-West Pomerania
        AFP  -  78 words
      • Article
        Lock icon Yeltsin-Khasbulatov talks fail
        62 5 AFP MOSCOW Russian President Boris Yclstin and his most powerful rival, parliamentary leader Ruslan Khasbulatov, yesterday failed to agree on how to end the power struggle between the reformist government and the conservative-dominated legislature, Interfax news agency reported. The two men had met to resolve a dispute
        AFP  -  62 words
    • Article
      Lock icon Bleak view of Russian reforms in govt report
      476 5 AFP MOSCOW Russia's first year of economic reforms led to a drastic fall in production, plummeting living standards and a widening gulf between the country's emerging new rich and increasing number of poor, an official report said yesterday. Economics Minister Andrei Nechayev
      AFP  -  476 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      201 5 areas Uk Ti H ll' installations controlled -to prevent costly theft, mischief, mishap, even industrial espionage... ml Hk I Im| H I I 1 II formidable security problem met, without compromise, only with master reader. Controls 18 a superb access control system. card readers (other systems need more J masters
      201 words
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  • SPORTS
    • SIDE LINES
      • Article, Illustration
        Fastest down the ski slope
        35 6 SHIZUKUISHI, Japan Men's downhill race winner, Switzerland's Urs Lehmann (above), displaying a gold medal in a preview of the official medal presentation at the alpine skiing world championships here yesterday.
        35 words
      • Article
        Lock icon Aussie rookies lead in NZ Open
        147 6 AP PARAPARAUMU, New Zealand Australian rookies Richard Green, Matthew King and Simon Tooman each shot 5-under-par rounds of 66 yesterday to share the lead after the first round of the U*****,000 New Zealand Open golf championship. American Eric EglofT, Canadian Jack Kay and Australians
        AP  -  147 words
      • Article
        Lock icon Monte Carlo Open cancelled
        91 6 AFP LONDON The Monte Carlo Open, a feature of the European golf tour since 1984, has been cancelled this year, the tour's executive director Ken Schofield said on Wednesday. The decision means Welshman lan Woosnam will be denied the chance to win a fourth successive title
        AFP  -  91 words
      • Article
        Lock icon Aussies to fight Maori 'haka' chant
        105 6 Reuter SYDNEY World rugby union champions Australia are to tackle arch-rivals New Zealand over their traditional pre-match war chant which the Wallabies say is too confrontational, rugby officials said yesterday. The Maori "haka" chant, an All Black taunt before every international, will be on
        Reuter  -  105 words
      • Article
        Lock icon New professional ice hockey league
        63 6 Reuter BURNSVILLE, Minnesota'— A new professional league, called Major League Hockey, with franchises in the United States and Canada, will begin play next fall, an official of the league said on Wednesday. The new league would become the seventh professional ice hockey league in North
        Reuter  -  63 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        59 6 Reuter NEW YORK NBA results Wednesday: Chicago Bulls 115 Indiana Pacers 104; Orlando Magic 96 Cleveland Cavaliers 87; Houston Rockets 98 Philadelphia 76ers 90; Miami Heat 101 Minnesota Timberwolvcs 90; New Jersey Nets 109 Detroit Pistons 86; Washington Bullets 110 Dallas Mavericks 102; Phoenix Suns 122 Los Angeles Clippers
        Reuter  -  59 words
      • Article, Illustration
        Lock icon Golf
        185 6 Reuter Reuter AP LA QUINTA, California Leading first round scores at the US$l.l million Bob Hope Classic men's tournament Wednesday (US unless noted): 63 Dave Rummells 65 Mark Hayes. Nolan Hcnke. Donnic Hammond 66 Jay Haas, Peter Persons, Rick Dalpos. Grant Waite. Craig Stadlcr. Curtis Strange. Brian Claar, Joel
        Reuter; AP  -  185 words
      • Article, Illustration
        Lock icon Ice hockey
        28 6 Reuter NEW YORK NHL results Wednesday: Pittsburgh Penguins 3 New York Rangers 0; Buffalo Sabres 6 Winnipeg Jets 2; Calgary Flames 13 San Jose Sharks 1.
        Reuter  -  28 words
      • Article, Illustration
        Lock icon Swimming
        310 6 Reuter MALMO, Sweden Leading results on the final day of a two-day World Cup swimming event on Wednesday: Men, 50m free 1. Indrek Sei (Est) 22.64 2. Darren Lange (Aus) 22.66 3. Goran Titus (Swe) 22.77. 200 m free I. Anders Holmertz (Swe) 1:45.38 2. Christer Wallin (Swe) 1:45.92
        Reuter  -  310 words
      • Article, Illustration
        Lock icon Tennis
        284 6 AP Reuter AP CHICAGO Results Wednesday in the Virginia Slims of Chicago women's tournament (US unless stated, seedings in parentheses): Singles, Ist Round Elna Reinach (SA) b Katrina Adams 6-7 (4-7). 6-2. 6-3; 2nd Round Iva Majoli (Cro) b Tami Whitlinger 7-6 (7-3). 7-5; Brcnda Schultz (Ncth. 7) b
        AP; Reuter  -  284 words
      • Article, Illustration
        Lock icon Cricket
        47 6 Reuter MADRAS, India India were 275 for two at close of play on the opening day of the second cricket test against England on Thursday. Score: India first innings 275 for two (Navjot Sidhu 104 not out. Sachin Tendulkar 70 not out. Vinod Kambli 59). Reuter
        Reuter  -  47 words
    • Article, Illustration
      Lock icon Watson outshone by compatriot Watts
      518 6 Hongkong Open Golf AFP HONGKONG Littleknown American Brian Watts overshadowed his more illustrious compatriot Tom Watson in the opening round of the U*****,000 (SS410,000) Hongkong Open here yesterday. Watts celebrated his return to Asia with his lowest round as a professional, an eight-un-der-par 63. giving
      AFP  -  518 words
    • Article, Illustration
      Aiming to host the new millennium's first Games
      168 6 MANCHESTER, the business and cultural centre of England, has put in a bid to the International Olympic Committee to host the 2000 Games. The bid submitted by the city, whose history dates back to Roman times, was endorsed by Prime Minister John
      168 words
    • Article
      Lock icon Rummells takes two-stroke lead in Bob Hope Oassic
      397 6 AP LA QUINTA, California Dave Rummells took advantage of near-perfect conditions for a 9-under-par 63, and established a two-stroke lead on Wednesday in the opening round of the Bob Hope Classic. In reality, the lead could be a little larger, Rummells said
      AP  -  397 words
    • Article, Illustration
      Lock icon Only in boxing's flim-flam world
      754 6  -  Dave Anderson attends a session of haggling over a Riddick Bowe-Lennox Lewis fight purse Dave Anderson, NYT NEW YORK Only in boxing. Only in boxing could contracts be negotiated not only in the newspapers, and on radio and television, but also over onion soup, sliced
      NYT  -  754 words
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  • COMPANIES & MARKETS
    • Article
      Rothmans to merge regional companies into new unit
      562 7  -  Fresh holding company to be listed in HK, KL and S'pore By Genevieve Cua SINGAPORE British tobacco giant Rothmans International wants to merge its companies in Singapore and Malaysia and North-east Asia into a new holding company to be listed in Hongkong,
      562 words
    • Article, Illustration
      Berjaya announces plans to regain direct control of Sports Toto
      701 7  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA'S Beijaya Group, a diversified conglomerate controlled by aggressive entrepreneur Vincent Tan Chee Yioun, announced plans yesterday to regain direct control of its lucrative betting operation Sports Toto Sdn Bhd. Confirming a BT report
      701 words
    • Article
      Investors should take a look at Indonesia's booming cable sector
      891 7  -  HOCK LOCK SIEW By William Chia SINGAPORE Investors mulling over entering the Jakarta stock market now that it seems headed for a strong rally may want to consider putting their money on the country's fast-growing cable sector. The Indonesian cable
      891 words
    • Article
      DBS to open second Taiwan branch in Kaohsiung
      292 7  -  By Shoeb Kagda SINGAPORE DBS Bank, Singapore's largest, plans to expand its operations in Taiwan. It will open a second branch in Kaohsiung, Taiwan's second-largest city, by the end of the year, Bloomberg News Service reported yesterday. Quoting Oh En Lock, deputy
      292 words
    • Article
      Inno-Pacific resolves legal dispute with US franchisees
      281 7 SINGAPORE Inno-Pacific Holdings Ltd has settled its legal dispute with its US franchisees. In a statement yesterday, the firm said that Shakey's Inc, Inno-Pac's US subsidiary, will sign a settlement agreement with all its franchisees. They include those franchisees indirectly involved in the
      281 words
    • Article
      Lock icon O'Connor's to launch seven new products
      131 7 MBT KUALA LUMPUR O'Connor's Engineering Trading (Malaysia) will introduce about seven new products to the market this year which is expected to boost its earnings and enable it to sustain growth. Managing director Lee Geok Tian said the company will introduce about three to
      MBT  -  131 words
    • Article, Illustration
      Lock icon SUMMARY
      320 7 Source: Bridge Info Performance of STII's index stocks Feb 11 Last Snh lain Stock sate Ckar hewamn CS> <1> Aviiao 1 900 1.62 C*C 7 300 -0050 6 23 15.62 Cercbos 5 000 0.060 4.27 -18.75 FAN 11.300 -0.100 9 64 31 25 OF Asia 3.140 -0 040 2.68
      Source: Bridge Info  -  320 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          BMT's interim earnings slip
          61 8 SINGAPORE British and Malayan Trustees' net earnings in the six months ended Dec 31 slipped 8 per cent to $405,000 from a year earlier as turnover dropped 9.3 per cent to $945,000. Interim earnings per share shrank to $13.32 from $14.47 a year before. BMT declared
          61 words
        • Article
          HSBC (S) Nominees buys stake
          54 8 SINGAPORE Computer peripherals manufacturer Goldtron Ltd announced that HSBC (S) Nominees purchased 15.19 million 20 cent shares on Feb 3. This represents 7.67 per cent of Goldtron's issued and paid-up capital. HSBC (S) Nominees said that it will hold the shares on behalf of customers
          54 words
        • Article
          Stamford Tyres on interim results
          91 8 SINGAPORE Sesdaq-listed Stamford Tyres said group interim earnings for the six months ended Oct 31 dropped sharply despite relatively stable turnover because of lower margins, higher labour costs and bigger provisions. It said gross profit margins suffered when a slowdown in certain markets forced the
          91 words
        • Article
          Lock icon Lingui to buy a few companies
          160 8 MBT KUALA LUMPUR Lingui Developments has entered into conditional sale and purchase agreements to acquire several companies and assets for M 574.34 million (5546.09 million). In addition, the company has also proposed a special issue of 31.59 million new ordinary shares of 50 sen
          MBT  -  160 words
      • Article
        Lock icon M'sian Resources gives details of rights exercise
        245 8 MBT KUALA LUMPUR Malaysian Resources Corp Bhd (MRCB) said that new shares arising from the exercise of transferable subscription rights will rank pari passu in all respects with existing MRCB shares. The rights exercise is in connection with MRCB's proposed acquisition of The
        MBT  -  245 words
      • Article
        Pan Brothers shareholders to list 2 related firms in Jakarta
        508 8  -  Move follows garment maker's failure to buy Sugih Brothers, Panca Plazaindo By William Chia SINGAPORE Major shareholders of listed garment manufacturer Pan Brothers intends to list two related companies on the Jakarta bourse following the company's failed attempt to acquire
        508 words
      • Article, Illustration
        Lock icon They mean business
        76 8 Reuter MAKUHARI, Japan Japanese promotions girls trying their hands on Apple Computer Inc's personal computer Macintosh Color Classic, with a high-quality monitor, one of a variety of products introduced into the Japanese market for the first time by the US maker at the Macworld Expo opening in
        Reuter  -  76 words
      • Article
        Lock icon S Korean company on lookout for M'sian partners
        304 8 Bernama KUALA LUMPUR Halla Engineering and Heavy Industries Ltd, one of South Korea's leading engineering and construction companies, is seeking more local partners for its future joint-venture projects in the country. Halla, with its long experience in constructing cement plants in several
        Bernama  -  304 words
      • Article
        Lock icon British company clinches deal with Tenaga Nasional
        138 8 Bernama KUALA LUMPUR A British company has just secured tenders for the provision of switch gears and other related electrical components to Tenaga Nasional Bhd's 13 substations throughout Malaysia. NEI Reyrolle Ltd, one of the nine members represented here as part of a
        Bernama  -  138 words
      • Article
        Lock icon Go global to stay competitive, PNB chief urges Malaysian companies
        252 8 Bernama KUALA LUMPUR Malaysian companies should expand their market perspective from merely domestic or regional to encompass the globe so as to remain competitive, a conference on corporate strategy was told yesterday. Permodalan Nasional Bhd chief executive Abdul Khalid Ibrahim
        Bernama  -  252 words
      • Article
        Lock icon HK to investigate effect of IPOs on banking system
        468 8 Bloomberg Business News HONGKONG The government has launched an investigation into the risks for the colony's banking system from the staggering demand for recent public share flotations. In a statement yesterday, the government said an internal working group has been set
        Bloomberg Business News  -  468 words
      • Article
        Lock icon Bangkok Bank poised to rescue First City
        166 8 Reuter BANGKOK Bangkok Bank Ltd says its talks with First City Investment Co Ltd on proposed equity and management participation in the beleaguered finance company will likely be concluded soon. Bangkok Bank's executive chairman Chatri Sophonpanich said yesterday that his bank has agreed
        Reuter  -  166 words
      • Article
        Lock icon Good response to M'sia Savings Bond
        410 8 Bernama KUALA LUMPUR Malaysia Savings Bond received tremendous response from individuals when it opened for advance subscription yesterday, with a majority of them buying up denominations of MS 10.000 (556.200) each. The bond, worth MSI billion. would be sold to the public over a
        Bernama  -  410 words
      • Article
        HK Land to pay £42m for full entitlement of Trafalgar rights
        342 9  -  Property company also gains second seat on board From Stephen Vines in HONGKONG HONGKONG Land Holdings, which has been stalking the Trafalgar House conglomerate, has taken another step towards solidifying its interest in the ailing British-based property and investment
        342 words
      • Article
        Lock icon Lonrho earnings dive 61pc to £80m
        159 9 AFP LONDON The British Lonrho conglomerate reported that profits fell by 61 per cent in the year to September, 1992 to £80 million (SSIB4 million) from £205 million one year earlier, on Thursday. The group had said in December, when German financier Dieter Bock
        AFP  -  159 words
      • Article
        Lock icon UK companies scrambling to tap market: analysts
        414 9 Reuter LONDON As rights issue activity grows, firms are falling over each other to avoid finishing up at the end of the queue and competing with an expected avalanche of gilt issues for investor funds, analysts say. "Companies may try to have a
        Reuter  -  414 words
      • Article
        US retailer Woolworth plans to open 700 new outlets this year
        347 9  -  By Sylvia Wong SINGAPORE Unfazed by a slow retail market in the United States, retailer Woolworth Corporation will open 700 new stores this year in Europe and North America. The chain, which already operates 9,277 stores, said the new
        347 words
      • Article, Illustration
        Lock icon Putting love on the record
        58 9 Renter TOKYO Beaming Kayoko Watanabe showing off her just-recorded compact disc (CD), 18 minutes of an oral Valentine's Day love-letter to her loved one at a record shop here on Wednesday. Pioneer Electronic Corp has set up an in-shop CD recording booth where shoppers can
        Renter  -  58 words
      • Article
        British Telecom Q3 profit falls
        266 9  -  From Ray Heath in LONDON IF the number of telephone calls made can be used to measure economic activity, there are signs of life in the United Kingdom. British Telecom, the former state-owned communications giant, reported yesterday that the number of calls made by customers
        266 words
      • COMPANY BRIEFS
        • Article
          Lock icon Kosonic seeks HK listing
          79 9 Reuter HONGKONG Kosonic International Holdings Ltd said it is seeking a listing on the Hongkong Stock Exchange by offering 76 million new shares and 19 million existing shares at a price of HK$l per share. The flotation, equivalent to 25 per cent of the enlarged share
          Reuter  -  79 words
        • Article
          Lock icon Profits down 44pc at Kidston
          59 9 Bloomberg Business News MELBOURNE Kidston Gold Mines, which is 70 per cent owned by Australia's Placer Pacific, said 1992 net profit fell 44 per cent from a year earlier to AS9.I million (USS6.I million), or 7.3 cents a share. The result showed a healthy turnaround
          Bloomberg Business News  -  59 words
        • Article
          Lock icon India's Larsen wins Nepal project
          59 9 Reuter BOMBAY Indian engineering company Larsen Toubro said it had beaten Chinese bidders to win a 430-million rupee contract for an irrigation project in Nepal. It said the SunsariMoran project near the Indo-Nepal border was being funded by the World Bank. Apart from expanding present
          Reuter  -  59 words
        • Article
          Lock icon Glaxo can raise stake in unit
          88 9 Reuter BOMBAY The Glaxo India Ltd board has approved a plan to enable British pharmaceuticals company Glaxo Holdings pic to raise its stake to 51 per cent and it will be placed before an extraordinary general body meeting on March 26. Company officials said
          Reuter  -  88 words
        • Article
          Lock icon Euro Disney expects loss
          49 9 Reuter PARIS Euro Disney SCA chief financial officer John Forsgren told the company's annual shareholders meeting yesterday that it expected to report a substantial loss for the fiscal year 1992/93. It lost a net U5533.70 million in the fiscal year to Sep 30, 1992. Reuter
          Reuter  -  49 words
        • Article
          Lock icon British Steel may sell Scot facilities
          59 9 Reuter LONDON British Steel pic said yesterday it was in serious talks with Indonesia's privately-owned PT Gunawan Dianjaya about selling steel plate facilities at Ravenscraig, Scotland, but a final agreement could be some months away. The Indonesian, family-owned, company would dismantle the equipment and
          Reuter  -  59 words
    • FINANCE
      • SMALL CHANGE
        • Article
          Lock icon S Korea bank to issue samurai bonds
          80 10 Bloomberg Business News SEOUL State-run Korea Development Bank next week will float 40 billion yen (U*****.7 million) in Samurai bonds, yen-de-nominated bonds issued in Japan by a foreign borrower, the bank said. Terms for the issue are expected to include five-to-seven year maturity
          Bloomberg Business News  -  80 words
        • Article
          Lock icon Manila sells US$150m in Eurobonds
          58 10 Knight-Ridder MANILA The Philippine government on Wednesday sold US$l5O million worth of 3-year Eurobonds in New York at a maximum yield of 7.92 per cent, the Department of Finance said yesterday. The issue is the first attempt by the Philippine government to tap the international
          Knight-Ridder  -  58 words
        • Article
          Lock icon Medium-term money supply goal for EC
          83 10 Knight-Ridder PARIS Any future EC central bank should have a clearly set medium-term money supply target, Bundesbank vice president Hans Tietmeyer said. "The concept has the advantage of being clear and simple," Mr Tietmeyer said, adding that such an unambiguous goal would help the
          Knight-Ridder  -  83 words
        • Article
          Lock icon Tokyo banks may issue Euroyen bonds
          92 10 Reuter TOKYO Japanese banks may issue Euroyen perpetual bonds this year to help them meet international capital adequacy standards, industry sources said on Wednesday. Analysts said the bonds could be issued by overseas subsidiaries, with interest in line with Japanese long-term prime rates or
          Reuter  -  92 words
        • Article
          Lock icon Commercial Union to raise £428m
          60 10 AFP LONDON The British Commercial Union insurance company is to raise £428 million (Ssl.ol billion) in new capital to finance expansion in Britain and abroad, the company announced on Wednesday. The company is offering existing shareholders the right to subscribe for one new share for
          AFP  -  60 words
        • Article
          Lock icon Dawkins attacks Hewson's plan
          66 10 Knight-Ridder CANBERRA Treasurer John Dawkins has attacked a plan by Australian opposition leader John Hewson to allow major ownership changes among the four major banks. Mr Dawkin's Labor government has consistently favoured maintaining four major banks in Australia. On Tuesday, the government announced it would sell
          Knight-Ridder  -  66 words
        • Article
          Lock icon Thai funds top Asian performer
          51 10 Bloomberg Business News HONGKONG The Hongkong Unit Trust Association released its performance figures a.id ranked the top 15 Asian funds based on a year-on-year investment returns. The Thai Equity Funds sector was the top performing with a median return of 49.4 per cent. Bloomberg Business
          Bloomberg Business News  -  51 words
      • Article
        J P Morgan to shift forex trading here
        326 10  -  Foreign exchange trading unit in Hongkong to close By Quak Hiang Whai SINGAPORE JP Morgan Co said it will shift its foreign exchange trading operations from Hongkong to Singapore next month. The move gives the Republic's status as a major forex trading
        326 words
      • Article
        S'pore's Big 4 banks confident of '93 growth prospects in Japan
        371 10  -  By SN Vasuki SINGAPORE The Republic's Big Four banks, which have branches in Japan, are upbeat about business prospects for 1993 despite a severe economic slowdown and a slump in loan demand in that country. Senior executives of the
        371 words
      • Article, Illustration
        Lock icon Ukraine seeks aid with no strings attached
        47 10 Reuter i ine P^ es,dent I>eon,d Kravchuk (left) meets European Bank for Reconstruction and Development president Jacques Attali. Mr Kravchuk said financial assistance was needed immediate!) and without condition to ensure Ukraine proceeded smoothly in its development of democracy. Reuter
        Reuter  -  47 words
      • Article
        Lock icon 91 Thai firms must adopt 7pc capital ratio
        161 10 Reuter BANGKOK The Bank of Thailand will require 91 Thai finance and securities companies to adopt a 7 per cent capital adequacy ratio in line with standards of the Bank for International Settlements (BIS) from next July 1. Chusri Daengprapai. the central
        Reuter  -  161 words
      • Article
        Lock icon China denies it will let renminbi's value drop by over 150pc
        284 10 UPI HONGKONG China will let market forces set the level of its renminbi currency unit and rejected speculation its value would drop by more than 150 per cent, a Beijingfunded newspaper reported yesterday. "Such talk is extremely irresponsible and
        UPI  -  284 words
      • Article
        Lock icon Warburg, Goldman Sachs lead European mergers, acquisitions
        434 10 Bloomberg Business News LONDON SG Warburg and Goldman Sachs dominated European cross-border mergers and acquisitions in 1992, measured by the value of deals, while Morgan Grenfell, a unit of Deutsche Bank, advised on more deals than any other investment bank. "The European M&A
        Bloomberg Business News  -  434 words
      • Article
        Lock icon Two high-profile customers close BoA accounts in protest
        172 10 Reuter SAN FRANCISCO Bank of America. America's secondbiggest bank, suffered a double blow when two high-profile customers said they were transferring accounts to protest against the bank's policies. The California Labour Federation said it closed an account containing more than USS9O.OOO in
        Reuter  -  172 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon S'pore rubber futures brokers face intense competition
        581 11 But trading volume exceeds targets at exchange Reuter SINGAPORE Rubber futures trading volume on Singapore's fledgling RAS Commodity Exchange (RASCE) has exceeded targets but the going is still tough for the handful of market makers due to intense competition, dealers said yesterday. "We
        Reuter  -  581 words
      • Article, Illustration
        Lock icon Jobs on the line
        41 11 Reuter SYDNEY A Sydney futures dealer passes on bidding information after the release of figures showing a seasonally-adjusted fall in Australia's jobless rate. Prime Minister Paul Keating, campaigning for a March 13 poll, welcomed the fall. Reuter
        Reuter  -  41 words
      • Article
        Lock icon CBOT-Comex merger may be completed within 120 days
        165 11 Knight-Ridder CHICAGO The Chicago Board of Trade's "friendly take-over" of the New York Comex could be completed within 120 days, CBOT chairman Patrick Arbor told the Chicago Division of the Futures Industry Association. Mr Arbor sent a letter to Comex members urging
        Knight-Ridder  -  165 words
      • Article
        Lock icon Aussie nickel miner set to surpass rival
        329 11 Bloomberg Business News MELBOURNE Australia's Western Mining Corp is set to overtake Canada's Falconbridge Ltd as the second-largest producer of nickel outside the Commonwealth of Independent States, the company said. Western Mining said it could surpass Falconbridge after production begins at its Mt
        Bloomberg Business News  -  329 words
      • Article
        Lock icon Thai gem miners ready to stop digging in Khmer Rouge controlled areas
        613 11 Reuter BANGKOK Thai gem miners, already hit by a world recession that has cut demand for their sapphires and rubies, say they have been preparing for months for the end of digging in Khmer Rouge-con-trolled areas of western
        Reuter  -  613 words
      • Article
        Oil futures stable ahead of Opec meeting
        363 11 Bloomberg ENERGY REPORT LONDON Crude oil futures prices in London and New York were mainly stable yesterday ahead of tomorrow's Opec meeting in Vienna. Prices showed moderate gains in early trade, only to fall back as traders assessed the possible outcome of the
        363 words
      • Article, Illustration
        Untitled
        1566 11 I rudeMrifhrnJ inJr\ aikulahtl agum\t Spore's top 14 iradinti parirhT\ fay lull HW.< US$/S$ forward rates Noon Feb 11 a Bid Oder 1-month 1 6488 1.6503 2-month 1.6477 1.6492 3-month 1 6467 1.6482 6-month 1.6435 1 645$ Sounr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES At at ltai y»tnUy: Singapore
        1,566 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        135 11 The US dollar opened higher after having tested lower levels overnight in the New York market. The US$/S$ opened at 1.6480/90, up from an overnight low of 1.6450 in New York. Local buying support took it from a low of 1.6480 to 1.6500. There was
        135 words
      • Article
        Lock icon London
        181 11 AFP LONDON The dollar gained slightly in London trading yesterday against all currencies except the Japanese yen. while the pound sterling was weaker. The dollar continued to fall against the yen ahead of a meeting today between US Treasuiy Secretary Lloyd Bentsen and his Japanese counterpart Yoshiro ilayashi. Analysts
        AFP  -  181 words
      • Article
        Lock icon New York
        93 11 AFP NEW YORK The dollar continued to fall against major currencies except the British pound in a quiet market here yesterday, while the price of gold dropped. At about 9:30 am (1430 GMT), the dollar was trading at 1.6555 German marks, down from 1.6585 late on Wednesday, and
        AFP  -  93 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollar ends firmer in late recovery
        1436 12 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures staged a late recovery to end firmer yesterday against Chicago's close on short-cov-ering. Contracts drifted lower initially after lukewarm reception to the second leg of the US Treasury's quarterly refunding. The sale of U5510.75 billion
        Reuter  -  1,436 words
      • Article
        KL tin price edges one sen up on buying support
        987 12 COMMODITIES REPORT Tin THE price of tin held slightly higher by one sen to finish at M$ 14.99 per kg on the Kuala Lumpur Tin Market on some buying support yesterday. Dealers said the market was slightly steadier yesterday mainly
        987 words
    • Article
      COMMODITY PRICES
      1681 12 KUDOCr MS CiiwiHy Exriiaf (Mans dosing at at lpm) «S 1 Cutract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Feb 93 Z Z Z Z Mar 93 0.00 0.00 147.00 0 3.250 Apr 0.00 0.00 149.00 0 6.750 May 151.25 151.25 150.75 300 7.200
      1,681 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1188 13 +8.5 THE stock market closed at a six-month high on encouraging unemployment data and campaign promises by both major political parties to help the corporate sector. Brokers said strong buying propelled the market indicator above the 1.600 mark but late profit-tak-ing pulled prices otY their highs. The All Ordinaries
        1,188 words
      • Article
        Manila
        587 13 +23.94 Share prices finished stronger in active trade, reflecting an upbeat mood. The Manila Composite Index was 23.94 points higher at 1.403.61. with the mining index leading the rise following improved gold prices. "The market was strong. In selected issues, there was some reason behind their rise. In others,
        587 words
      • Article
        Taipei
        588 13 +43.33 Stocks finished higher across the board but brokers said investors had become cautious, believing the market had overheated and should consolidate after its strong rally early this month. The Weighted Index rose 43.33 points to end at 3,621.43. Turnover fell to NTS 18.3 billion from NT532.7 billion. Sentiment
        588 words
      • Article
        Seoul
        387 13 +4.35 Buying of financial counters and some other large-capitalised shares helped the stock market to close higher despite profittaking of small and medium sized shares. Brokers said investor sentiment remained strong and the market appeared to be heading in the right direction. The Composite Stock Index closed 4.35 points
        387 words
      • Article
        New Zealand
        306 13 10.88 The share market closed slightly higher, led again by gains in selected leaders, particularly Fletcher Challenge, which closed up six cents at NZS2.SB as the market continued to view the company's recent asset sales positively, the NZSE-40 Capital Index ended at 1.577.66. up 10.88 points. Strength in
        306 words
      • Article
        Bombay
        95 13 -26.23 Stock prices fell after the government banned a rally by the Hindu-revivalist Bharatiya Janata Party (BJP). The ban fuelled political tension, and the BSE Index fell 26.23 points to 2.785.89. The National Index shed 9.45 to 1.251.51. A government statement said the Cabinet met yesterday and decided not
        95 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        754 13 Britannia Funds Merlin* ("ash Bid Offer Mim Cap Deposit 1VK) «1X 1J00 Mim Ji*r*\ (till 0 1M>4 0 1*9 Mim Max Incomc *1 0100 ()5UI I S$ ash liKomc P!w Fund ?5<») 10 2X00 PS Ktvnt Fund 5 1*10 ***** Sterling Kquih Euro Performance 045X8 ***** Far Fa* Fund *2
        754 words
      • Article
        London
        623 13 17.9 Share prices bounced after two days of losses to close higher yesterday, but traders and analysts said the outlook was for the market to hold in a fairly tight range. The FTSE 100 Index of leading shares closed up 17.9 points. 0.64 per cent, at 2,834.3 with gains
        623 words
      • Article
        Paris
        144 13 12.25 Talk of quicker-than-expec-ted cuts in French interest rates set off a wave of fu-tures-led buying in mid-af-ternoon yesterday that helped the CAC-40 Index to rise through the 1,900-point barrier The spike in CAC-40 February futures pulled the cash index as high as 1,920.07. The gauge then eased back,
        144 words
      • Article
        Stockholm
        130 13 +0.39pc Profit-taking dented the upward trend of Swedish shares so far this week, though the OMX-index closed higher in a sign of continued optimism. While the OMX-index. used as a basis for options trading, ended the day 0.22 per cent higher at 752.16 and the all-share index rose 0.39
        130 words
      • Article
        Frankfurt
        207 13 1.24 Germany's 30-share DAX Index edged up to a six and a half month high yesterday which dealers said could leave the market poised for further gains. The DAX Index ended 1.24 points higher at 1.651.05. its highest close since 1.659.77 on Julv 21. 1992. Dealers were optimistic that
        207 words
      • Article
        Brussels
        152 13 1.57 Belgian shares closed marginally higher yesterday in what dealers said had been a positive market following greater optimism over the Belgian franc. Dealers said comments by Belgian central bank governor Alfons Verplaetse late on Wednesday that he did not think the franc was under speculative attack had boosted
        152 words
      • Article
        Milan
        148 13 -1.82 pc Shares closed with sharp losses but off lows in volatile. rumour-driven trade yesterday after Wednesday's resignation of justice minister Claudio Martelli rocked sentiment. Prices hit lows on rumours that Prime Minister Giuliano Amato was also under investigation in political corruption probes that had forced Mr Martelli to
        148 words
      • Article
        Amsterdam
        228 13 +0.95 Dutch shares closed slightly higher yesterday, boosted by hopes that Germany will again cut its official rates, a firm dollar, and declining Dutch bond yields, traders said. The EOE Index closed up 0.95 point at 299.28, with advancers outpacing decliners by 17 to 8. "The trend is still
        228 words
      • Article
        Zurich
        256 13 +4.1 Late buying pushed Swiss shares to a slightly firmer close after otherwise directionless trading yesterday. The all-share SPI Index was 4.1 up at 1.295.1. Dealers said investors seeking bargains switched their attention to industrials in the afternoon after earlier concentrating on banks against the background of C S
        256 words
      • Article
        Johannesburg
        296 13 -43 South African gold shares remained favourites for offshore investors yesterday as a rising gold price quelled expected profit-taking. The JSE Industrial Index lost 43 points to 4,602. The gold index gained 27 points to 1,017. Dealers said the market was likely to experience profit-taking today, especially if the
        296 words
      • Article
        Toronto
        293 13 +28.88 Toronto stocks continued to edge up in early dealings yesterday, buoyed by gains in the communications and media, pipelines and forest products sectors. The TSE-300 Index edged up 7.55 points to 3.450.54 on volume of 9.22 million shares valued at C 585.80 million. Advances outpaced declines 202 to
        293 words
      • Article
        New York
        776 13 -2.16 Rising US retail sales for January and declining unemployment for the last week of January helped push prices higher on Wall Street yesterday morning. The Dow Jones Industrial Index stood at 3.433.76, up 21.34 points at noon yesterday. On Wednesday, blue-chip stocks ended lower for a third
        776 words
    • Article, Illustration
      Lock icon HONGKONG
      2468 14 Reuter SHARES finished moderately stronger on selective buying and interest in China-concept stocks, brokers said. The blue-chip Hang Seng Index put on 21.45 points to close at 5,8757.00, while the broader All Ordinaries Index gained 12.59 to 3,124.91. Total volume was a thin HKSI.B7 billion, down from the previous
      Reuter; Source: Bridge Info  -  2,468 words
    • Article, Illustration
      CHINA
      425 14 The CLSA Shanghai A Index slid 3.8 per cent to 9,614.78 amid a strong turnover of 55 million shares. The Shanghai B market was very quiet yesterday with turnovers reduced to under US$l.O9 million. Wing Sung, rising 1.2 per cent, and First Pencil, up 3.5 per cent, were the
      425 words
    • Article
      TOKYO
      2079 14 Vol F«klO Yea High Low fOO) PE Ajinomoto 1240 10 1240 1220 1720 76 Aim Electric 395 4 400 387 780 12 All Nippon Airways 999 7 999 990 2790 196 Amada 992 7 997 988 1310 22 Asahi Breweries 1090 20 1090 1060 1450 93 Asahi Chem Ind
      2,079 words
    • Article, Illustration
      Lock icon BANGKOK
      1432 14 Reuter STOCKS shed early gains after other sectors failed to follow strong rises in bank shares. The SET Index, which flirted with the 1,000 level all day, gained 1.08 points to close at 991.21 on a turnover of 11.95 billion baht. Tliere were 162 declines against 91 advances, with
      Reuter; Source: Bridge Info  -  1,432 words
    • Article, Illustration
      Lock icon JAKARTA
      875 14 Reuter TRADING continued to slow, with prices ending mixed and brokers expected profit-taking to keep pressure on some shares. "The market is not that good today. We don't expect there will be any major changes tomorrow," one broker said. Tjiwi Kimia fell to 2,850 rupiah from its opening of
      Reuter; Source: Bridge Info  -  875 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2580 15 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Multi-Purpose l4.7tM.0W) kamunting 50c 8.403.WI0 Aua Pat Ld 50c 7 115 000 Mm H>tl Sk 3.422.000 Mulpha Inll 50c 3.IJ6.t)00 Tech Resources 3.044.000 Rcnong Bhd 50c 3 005 000 KiBCorpn 50c 2.940.000 Bcrjasa Group 2.043.000 Mctroplc* 5(V IMM Set
      Source: Bridge Info  -  2,580 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Untitled
        4841 15 Source: Bridge Info INDICES TURNOVER Close Prrrioan Change K.LSE Composite 635.84 638 62 -2.78 NST Industrial .3736.53 3734 87 +166 NST Finance 3735 89 3717.67 +18 22 NST Properties ...1223 87 1208 14 +15 73 NST Tins ***** 484 60 -3 21 NST SRubbers 2607 30 2585 04 +22 26
        Source: Bridge Info  -  4,841 words
      • Article
        Lock icon Market firms up but index-linked stocks slide
        260 15 Bernama KUALA LUMPUR Share prices here cut short early falls to close higher yesterday in heavy trading after the rulers' agreement to the constitutional amendments. However, profit-taking of the higher priced stocks took the market indicators lower with the KLSE Composite index closing
        Bernama  -  260 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Late surge of interest in Clob; Sesdaq still bullish
        1064 16  -  By R Sivanithy SINGAPORE Malaysian counters saw a surge of interest in the late afternoon yesterday following an announcement that the government's dispute with the royalty had been resolved. On the home front. Sesdaq continued to sustain its bull run, while
        Source: Bridge Info  -  1,064 words
      • Article
        Untitled
        4602 16 IMWIOMB wermu.w'SSocwL irtt j» i!S -.is*™.* 13 m 'll aS'* 'in I III -4 1331 117 III IM III 7.5 J 1.7 10 |2.7 *'X 1 1190 950 S -4 "in .!S 1,6 189 20N 3-3 «-3 17.3 161.3 Jo? I. I2 0 1 20 4,140 1,30 1130 H60 -«2-9
        4,602 words
      • Article, Illustration
        Lock icon Asia Pacific Land
        74 16  -  I HOT MOCK Paul Leo ASIA Pacific Land at 32.5 cents yesterday will test resistance at 39 cents. A move above 40 cents will see the stock trade towards 50 cents. The five-day moving average line has just cut the 15-day moving average line from below, confirming
        SOURCE: BRIDGE INFO  -  74 words
  • Page 7 Advertisements
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      201 7 IMPORTERS OF SYNTHETIC TEXTILES^^^^^ Meet leading Indian manufacturers and exporters of synthetic textiles AT THE BUYER-SELLER MEET FOR SYNTHETIC TEXTILES ORCHARD HOTEL, SINGAPORE FEBRUARY 24 AND 25,1993 10.30 AM -1.30 PM ft 2.30 PM 7 PM A unique opportunity to see the latest range of synthetic textiles from India, meet
      201 words
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      149 8 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 This announcement appears as a matter of record only n PUBLIC BANK PUBLIC BANK BERHAD U5575,000,000 Negotiable Floating Rate United States Dollar Certificates of Deposit due 1996 Arrangers OVERSEA-CHINESE BANKING CORPORATION LIMITED w Wardley Limited member HSBC group Lead-Managers THE HONGKONG
      149 words
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      435 9 Binnmsniim TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I Lee Hock Siang of No. 9 All Lorong 25A Geylang, Singapore 1438, have applied for a Retail Beer/Stout Licence in respect of premises at M/s Teck Hong Lee Pte Ltd at 80 Playfair
      435 words
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      327 9 MOUNT ADIS INVESTMENTS PTE LTD (la VoL Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN puMMI to Section 306 of the Con^aniee Act (Cap. 30) that the Ful Gcmil Matting of the Mcmbcn of the abovenamed Canny will be held at the Office of Mft Wee Seng Two, A Co.. I
      327 words
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      391 9 IN THE MATTER Of THE COMPANIES *0, CAP. 50 Pwsuant to Suction 290 (2) (b) ROMN SHIPtUHDERS (PRIVATE) LIMITED (In Menttft «oWW> andnfup) Af on Emuortfinory General Meeting of the obovenomed Company duly convened ond held ot 80 Marine Parade Road #18-01 Parkway Parade Singapore 1544 on Saturday, 6 February
      391 words
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      415 9 IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF BAN GUAN HIN (SINGAPORE) PRIVATE LIMITED NOTICE OF SPECIAL RESOLUTION FOR MEMBERS' VOLUNTARY WINDING-UP (pursuant to Section 290) At an extraordinary general meeting of the members of the above-named Company, duly convened and held at 190
      415 words
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      385 10 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I Lee Hock Siangof No. 9 11 Lorong 25 A Geylang, Singapore 1438, have applied for a Retail Liquor Licence in respect of premises at M/s Teck Siang Hung Pte Ltd at 80 Playfair Road, Blk A #01-01/02 Kapo Factory Bldg, Singapore
      385 words
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      564 10 Analysis: Japanese banks' day of reckoning, Pg 21 Bin^^snios TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 PARKWAY HOLDINGS LTD U5550,000,000 Floating Rate Notes Due 1996 with Warrants to Subscribe for New Shares of Parkway Holdings Limited In accordance with the provisions of the Notes, notice is hereby given that for
      564 words
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      Page 10 Advertisements Column 3
      380 10 NOTICE IS HEREBY GIVEN that, I MR LEUNG CHI WAI of No 56, Mimbu Road, #09-04 Mimbu Villa, Singapore 1130, have applied for a FIRST CLASS PUBUC HOUSE UCENCE in respect of premises at M/S CRYSTAL JADE PALACE RESTAURANT at 391 Orchard Road, #04-19, Takas hi may a Shopping Centre,
      380 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      249 12 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT, CHAPTER 90 AND IN THE MATTER OF GLOBAL CONTACTS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that a Final Meeting of the members of the abovenamed company
      249 words
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      Page 12 Advertisements Column 2
      155 12 OFFICIAL NOTICE J We. CHUAN HUP HOLDINGS LIMITED of No. 1 Benoi Road, Singapore 2262 hereby give notice that in consequence of purchase of "QS ENTERPRISE" we have applied to the Registrar of Singapore Ships, under Section 386 of the Merchant Shipping Act (Chapter 179) in respect of the ship
      155 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      112 14 mtr Since 1735 there has < i s never been a quartz Blancpain watch. And there never will be. nu IH^ Singapore THE HOUR CLASS Lucky Plaza *****20H Sco«ts *****27/719H Centrepoint Tel *****98/60] Peninsula Plaza Tel mmW/HWVoJ World Trade Centre Tel *****07 Palais Renaissance Tel *****62/54? Rattles Tel *****41* Changi
      112 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      23 15 ill ll A'i X V l /•''''> S <i' r Srt,f>j.w s \ii.nit. Ihi \\tiHtiJlfH \;>/ s \/,'>'«>< (hibat'J K'Htu' \/H y .if l "-1 >." l(!
      23 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      87 16 I Blanc pain Since 1735 there has NEVER BEEN A QUARTZ BIANCPAIN WATCH. And there never will be. Sincapore THE HOUR CLASS Lucky PUm Tel 7J424HV1 Scotts Tel 2M6527/7198 Centrepoint Tel 7141VW/60J Peninsula *****09/118)661 World Trade Centre Tel *****07 Palais Renaissance. Tel *****62/541 Raines Tel *****41* Chanji Airport Terminal I
      87 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Designed for growth
      675 17  -  Sylvia Wong finds out why manufacturers who copy good design may lose out in the long run Sylvia Wong A SINGAPOREAN manufacturer goes to an overseas trade show in Germany. He sees something which is selling like hot cakes. He notes the design. As soon as he
      675 words
    • Article
      Lock icon Coca-Cola turns to Hollywood for a little fizz
      656 17 NYT WHAT happens when the world's most famous brand shakes up Madison Avenue by hiring Hollywood's most powerful talent agency to collaborate with its long-time ad agency? If the initial results are any indication, the ad-making process could be in for significant
      NYT  -  656 words
    • COPY LINES
      • Article
        Lock icon NEC's US arm plans promotion drive
        64 17 Advertising Age NEW YORK NEC Technologies, the American arm of Japan's NEC, will spend USS2OO million (SS33O million) on advertising and promotion to raise its profile and sales. The company will changc and coordinate its advertising, logos, product design and packaging. It will also
        Advertising Age  -  64 words
      • Article
        New regional director for DMB&B
        88 17 SINGAPORE One of the world's biggest private communications companies, D'Arcy Masius Benton and Bowles (DMB&B), has appointed John Fcnton as its regional director for Asia. Mr Fcnton will direct operations in Japan, South Korea and Taiwan, as well as at the nine other DMB&B offices
        88 words
      • Article
        Compaq's Asian account goes to Ball
        69 17 SINGAPORE Computer manufacturer Compaq has appointed the Ball Partnership Euro RSCG as its advertising agent for the Asian region. The Compaq account will be coordinated by Christopher Foo, the managing director of Ball Singapore. The Ball Partnership Euro RSCG Singapore was the only Asian
        69 words
      • Article
        Saab prize in Visa privileges scheme
        46 17 SINGAPORE All guests settling their Asia-Pacific ITT Sheraton hotel bills by Visa from now until April 30 will have a chance to win a Saab 900 convertible. The car is the latest top prize under the Visa Welcome Privileges Programme.
        46 words
      • Article
        Lock icon Garuda switches to DDB Needham
        45 17 South China Morning Post HONGKONG Indonesia's national airline, Garuda, has switched its USS2O million-plus worldwide advertising account to DDB Needham Singapore from FCB in Sydney. DDB's Jakarta affiliate, Fortune, will be part of the Singapore operation. South China Morning Post
        South China Morning Post  -  45 words
      • Article
        Lock icon McCann-Erickson loses contract
        57 17 South China Morning Post HONGKONG McCann-Erickson has lost the Hennessy. Cognac contract in Malaysia and Singapore to Batey Ads* Singapore. Although the two markets arc small in sales terms, the loss will put a dent in McCann's regional handling of Hcnnessy products, leaving it with Hongkong, Taiwan,
        South China Morning Post  -  57 words
      • Article
        Lock icon Robin Williams for ad spokesman job?
        78 17 Advertising Age NEW YORK AT&T is talking to Creative Artists Agency (CAA) about signing its client, comedian and actor Robin Williams, as ad spokesman. "They're talking to us and we're listening, but it's very premature," said Mike Menchel, Mr Williams' agent at CAA. Long-distance
        Advertising Age  -  78 words
    • Article, Illustration
      Montblanc marketing its pens as instruments of enjoyment
      510 17  -  The pen is not just for writing, says Karl Gosswein, director of Shop Systems Int'l, the firm in charge of setting up Montblanc shops. Terence Lim reports Terence Lim Montblanc, the German maker of luxury pens and writing accessories, is trying to
      510 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      44 17 HOTEL FOR SALE BY PRIVATE TREATY Brand new 85-room hotel in biuty Serangoon Road. Near to proposed MR T station. Fully furnished. Freehold. Includebasement car park d, coffee hoiuie and large banking hall. Please Contact Sole Marketing Agent: RICHARD ELLIS Tel: 2248 18 1
      44 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      754 18 Nothing Beats A Bud, —I' P»IWC OF BKKRS^^^ lime 'pen Penang High Tea At only $11.80++ per adult and $6.80+ per child, The combined experience of inclusive of coffee/tea, this is our Penang chefs total 80 one high tea with a years to bring you the best! difference you should
      754 words
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      Page 18 Advertisements Column 2
      349 18 WHERE TO WINE, DINE AND ENTERTAIN Second Best Way A Man Can Express His Love \j\r Come celebrate Valentine's Day in W a special way. Express your love in our 'Letters of Love' contest and win your lady a Raymond Weil watch, a beautiful bouquet and a sumptuous cake, personally
      349 words
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      Page 18 Advertisements Column 3
      296 18 J>i*cooe*iM4 SEYCHELLES# v\J239-Zf? Lunch: W2++ (Adu,t) \i ,16+ (Chi,d) Noon 2.30pm Dinner: $36++ (Adult) 00pm 10.30pm -Wmts Showtime: Ipm 8.45pm flflKi'4l or reservations, please call 734 6151. lllOMhid SnppocOWl 71T4411 I I ;«v v > I fOO%» ft Jto Treat yourself to mouth-watering Local Food at Cafe Excelsior. p, Choose
      296 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon It's curtains for can-can
      868 19  -  But the Parisian music halls are not going down without a fight, reports Roger Cohen Roger Cohen NYT Tr* OU know what today's tourI ists think about le gai Paris?" asked Georges Terrey, a man used to making money by selling the faintly naughty, lusciously louche
      NYT  -  868 words
    • Article
      Whipping incident no joke to Spike Lee
      353 19 CHATTERBOX FILMMAKER Spike Lee took the stage at Indiana University with a bullwhip in hand, beating the floor and telling the crowd, "Here's what I think of your coach." Lee was criticising basketball coach Bob Knight for pretending to whip black forward Calbert
      353 words
    • Article, Illustration
      Lock icon Jacko lays bare his retreat
      45 19 Reuter SANTA YNEZ, California Michael Jackson showing talk show host Oprah Winfrey around the amusement park on his estate on Wednesday during the taping of a live interview here. The programme, seen worldwide, gave insight into Jackson's mysterious life. Reuter
      Reuter  -  45 words
    • Article
      Lock icon How do I love thee?
      532 19  -  If you're running out of ways to say the three little words. Alyssa Gabbay suggests some innovative valentines Alyssa Gabbay AP FORGET the flowers. Get rid of the chocolates. Lovers struck by Cupid are finding fresher ways to express their affections on Valentine's Day, which
      AP  -  532 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      62 19 at US for 2 ptrsons. (Teppanyak} or mini '^aise{i) B(inclusive of a complimentary glass ofChampagne'P(um uwt and a give away Meart fruitcake fondant Stalls of rose) f" reservatwns, please call the respective Restaurant Managers jTIK ()*r rnUiniamtivtkomt tlx pibhi to nioyfinrJimnl ffgKZ-J MARINA BAY GOLF A COUNTRY CI. II 6
      62 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Page 19 Miscellaneous Column 1
      1257 19 TV RADIO 1 Sins Of The Mother, 10.00pm, finds Mummy support N he cannot get away from her 0| H^H clutches, he gets even by raping x ■■-w jr the women around him. Eliza- M beth Montgomery stars in this k 1991 psychological thriller. L lute Darkest Borneo, B.oopm, 1
      1,257 words
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  • Article
    Mitterrand's franc talk
    512 20 EDITORIAL FRENCH President Francois Mitterrand's visit to Vietnam stands out not just for the string of economic agreements it has produced. It was also a major diplomatic coup for the Hanoi government, which extracted considerable political mileage from the visit, the first by a Western head of
    512 words
  • WHAT THE OTHERS SAY
    • Article
      Work hard, play hard
      361 20 A SHORT BURST of correspondence in this newspaper recently pitted the necessity, not merely the virtue, of hard work against the duty to oneself not to overtax body and mind. These were not philosophic musings on whether Singaporeans hard-driving and unabashedly acquisitive people have begun to
      361 words
    • Article
      Time to discuss GST
      185 20 THE INTRODUCTION of the Goods and Services Tax (GST) in April next year has been expected ever since the Economic Committee made it as one of the key fiscal recommendations to strengthen Singapore's economy, in 1986. The government has given its assurance that the impact of
      185 words
    • Article
      Clearing the air
      198 20 DETAILS of the Goods and Services Tax (GST) was officially announced on Tuesday. Delving deeper into the White Paper, one gets the impression that the content will help alleviate the worries and misgivings of the people on the new tax system. As these changes affect the livelihood
      198 words
    • Article
      Economic blocs and Hongkong
      148 20 POLITICIANS seeking re-election are never slow to jump on any bandwagon, and Australian Prime Minister Paul Keating is no exception. In the first major speech of his campaign to win the March 13 general election, he tried to hitch a ride on the high-speed locomotive of
      148 words
    • Article
      The guessing game
      155 20 MARCH is approaching and unavoidably the nation is falling into a pastime that recurs every once in five years the guessing game. In March, the People's Consultative Assembly will hold its general session, in which, among other things, a president and a vice-pres-ident will be elected. Then,
      155 words
  • Article, Illustration
    Lock icon The shadow of a trade war
    807 20  -  The Uruguay round is still dragging on, and the US has slapped import duties on steel from a number of countries. Roy Denman says the signs are not good Roy Denman The writer, now a consultant in Brussels, is a former head of the
    IHT  -  807 words
  • Page 20 Advertisements
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      293 20 V VKliflf T <L»fll '•> r, 'tin HER WORLD [resents SINGAPORE'S O F fT JH E YE/IR An Award for Outstanding Achievement Over the past seven years this prestigious award has earned a reputation as the supreme accolade for the executive secretary who outshines all others. Recognising the vital role
      293 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      24 20 < ASSOCIATED MEYVSP"" > »^iu^ >>^ DOONESBURY GARRY TRUDEAU 2*s*2 l o£k7 I JMKErr into atomies e*fefw&KiMAxe a&g iim 7nklk 15 batch wrm Km ckcker "ssggzssggssf tusgg-gygir
      24 words
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  • ANALYSIS
    • Article, Illustration
      Japanese banks face day of reckoning
      1965 21  -  It is no secret that Japan's once mighty banks have lost some of their shine. But March 31 will be the real test of their financial health S N Vasuki reports S N Vasuki THE UNFOLDING woes of Japan's banking system lend themselves to
      1,965 words
    • Article
      Asia: Japan's new frontier
      787 21 ASIA is the "new frontier" for Japanese banks, says Hisao Kobayashi, managing director of international operations of Dai-ichi Kangyo Bank (DKJB). Kosaku Sakai, general manager of the Long-Term Credit Bank (LTCB) adds that Asian operations constitute the fastest growing business segment within the bank. And Masayasu
      787 words
    • Article
      Profiting from the slowdown
      650 21 FOREIGN banks account for a mere 2 per cent of banking assets in Japan, but that has proved to be a blessing during these hard times. While Japanese banks faced huge problems with non-performing loans, a majority of foreign institutions have been largely insulated from the
      650 words
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  • Article, Illustration
    Lock icon Beregovoy urges faster EC economic and monetary union
    507 22 But Bundesbank VP says countries need time to prepare Reuter PARIS French Prime Minister Pierre Beregovoy yesterday called for an acceleration of European economic and monetary union (EMU), based on closer cooperation between France and Germany. Speaking at a news conference, he
    Reuter  -  507 words
  • Article
    Lock icon US House Speaker sees tougher stance on Japan's surplus
    425 22 Reuter TOKYO The new US administration favours tough measures to reduce Japan's expanding trade surplus. Speaker of the House Thomas Foley said yesterday. Speaking at a news conference here, he said the US would probably renew Super 301 trade legislation and
    Reuter  -  425 words
  • Article
    Lock icon Clinton accepts international peace plan for Bosnia
    498 22 European and Nato allies welcome US move; Washington to seek Moscow's help NYT, Reuter WASHINGTON The Clinton administration has abandoned the tough campaign talk of using force to end the war in the Balkans, and embraced an international peace process that currently envisions
    NYT,; Reuter  -  498 words
  • Article, Illustration
    When Swatch said 'no' to Singapore
    824 22  -  The Bottom Line CHEONG YIP SENG CHEONG YIP SENG The writer is Editor-in-Chief ofSPH's English/Malay Newspapers Division. NICOLAS HAYEK, as readers of this newspaper know, is a Swissquality entrepreneur. He is widely credited with retrieving the Swiss watch industry from near collapse by launching
    824 words
  • Article
    Lock icon US retail sales inch up 0.3pc in January
    255 22 Reuter WASHINGTON US retail sales rose moderately in January as momentum from, a strong Christmas season carried forward into 1993, the Commerce Department said. Last month's 0.3 per cent sales increase followed a revised 0.8 per cent rise in December and was
    Reuter  -  255 words
  • Article, Illustration
    Lethal warning
    36 22 JERUSALEM An armed Israeli border policeman yelling at a Palestinian to back away as he prevents the man from entering a main East Jerusalem street yesterday following disturbances between Palestinian stone-throwers and the police.
    36 words
  • Article
    Lock icon Clinton proposes higher taxes for businesses and the rich
    389 22 AP WASHINGTON President Bill Clinton said yesterday that his economic plan will propose higher taxes for both businesses and wealthy individuals. Mr Clinton told a group of business leaders that he will accompany a proposal to raise tax rates on high-incomc
    AP  -  389 words
  • Article
    Lock icon China denies offering military aid to Yangon
    197 22 Reuter BEIJING China yesterday denied that it offered Myanmar military aid in exchange for the use of a naval base that would give it strategic access to the Indian Ocean. Diplomats and officials have said they believe China wants to be a two-ocean
    Reuter  -  197 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      75 22 INVESTMENT 1 Tomorrow in Business Times I yßftNow Zip gives you instant boiling water -J every minute of the JUST TURN ON THE TAP. ZIP OUTDATES URNS. KETTLES, COFFEE BARS AND JUGS. MODELS TO SUIT EVERY KITCHEN, OFFICE, FACTORY HOSPITAL AND SCHOOL ZIP IS FULLY AUTOMATIC AND STEAMFREE. SAVE YOUR
      75 words
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      Page 22 Advertisements Column 2
      7 22 iYL"iTM iVMcl INVESTMENT Tomorrow in Business Times
      7 words
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  • Shipping Times
    • Article, Illustration
      C&P aims for public listing in about three years
      508 23  -  By Dexter Lee SINGAPORE Home-grown warehouse and transport operator Containcrisation Packaging Industries (Ptc) Ltd has set its sights on a public listing in about three years' time. The Jurong-bascd company, better known as C&P in the local business sccnc, is in
      508 words
    • Article
      Lock icon UN denounces Yugoslavia's actions
      356 23 AP UNITED NATIONS The Security Council on Wednesday criticised Yugoslavia's seizure of Romanian ships in retaliation for Romania's efforts to enforce the UN blockade on the Danube River. A statement by the 15nation council said that its members "condemn any such retaliatory actions and threats of
      AP  -  356 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1067 23 Page Col ABC Containerlinc 12 1 Accord Group 8 1-3 Ahrenkicl Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 I ANL 3 1/2 APL 5 3-5 ASCL 5 5 ASXCLShpg 15 2 Avant Shpg 6 4/5 Avia Airways 14 4 Bait Orient
      1,067 words
    • Article
      Lock icon UK issues advice for shipowners on piracy
      221 23 Bloomberg Business News LONDON The UK Department of Transport said it issued advice for the first time to shipowners, masters and crews on how to cut down the risk of attacks by pirates and armed robbers. The measures are set out in a
      Bloomberg Business News  -  221 words
    • Article
      Lock icon South Korean shipyards plan to diversify
      370 23 Reuter SEOUL South Korea's shipyards plan to diversify into non-shiphuilding fields such as construction, heavy machinery and vehicles in order to cope with a downturn in orders, executives said on Tuesday. Shipbuilding currently accounts for 30 per cent to 72 per cent of sales
      Reuter  -  370 words
    • Article
      Lock icon CMB profits expected to rise
      232 23 Reuter BRUSSELS Belgian shipping group CMB SA is expected to register a profit rise in fiscal 1992, but depressed freight rates and an on-going restructuring of its liner division will hamper any growth. Claudine Bonnarens. share analyst at Generale Bank, forecast a group net profit
      Reuter  -  232 words
    • Article, Illustration
      Lock icon Charting different courses on the Black Sea coast
      1155 24  -  Members of the fonrier Soviet Union around the Black Sea have come up with different approaches to shipowning although they do share one thing in common, reports John Guy John Guy Fairplay SHIPOWNING on the Black Sea coast used to be a
      Fairplay  -  1,155 words
    • Article
      DAILY FREIGHTS
      663 24 The dry cargo freight market on Wednesday continuedto be marked higher as several Far Eastern grain fixtures were confirmed, demonstrating the firm short term demand for panamaxes, brokers said. The Baltic Freight Index (BFI) was six points up at 1,315, showing advances on all grain routes, and brokers
      663 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      539 24 P-fr Wttr tofche kto Afc«infc» Swfcwwt P—ity Water Mi MmUm S«fcmnt M/M M/M Exxon KG/M 3 V/V M/M M/M PPM method KG/M»3 V/V M/M M/M PPM method ISO/Cimac Limits Spec E25 991 1.0 15.0 0 10 30* 0.10* Eastern USA 180 Ave 983 02 123 007
      539 words
    • Article
      TRANSPORT DIARY
      296 24 COURSES 1993 Shipping courses organised by Singapore Port Institute. Feb 1 Feb 2 Handling of Bunker Barge. Feb 4 Apr 22 (10 evenings): International Frieght Forwarding I (approved-in-Principle SDF). Feb 5 Feb 6 Handling Of Bunker Barge. Feb 23 Jun 18 (31 evenings): International Freight forwarding ll(approved-in-Principle SDF).
      296 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      11889 32 I his is a list of ships loading al Singapore tor ports around tht world. It tabulates, by destination the name ot the ship, the shipping line involved and the estimatec dates ot arrival and departure from the Port of Singapore. LEGEND FN: ship
      11,889 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        474 39 VoyNa Bcrti Airoal Departure Vetsd ¥oy Np Berth Armi Departs Green Ray 4N P04 alongsde 1102/1830 **«*> 1 N/5 alongside 12 12/2300 Hana 2/93 P04 alongside 1202/0600 ASL 21/B TWO J2 alongside 12.12/2300 Kabanjahe 5/93 P03 alongside 1102/2300 Cheung ttng J2 alongside 1212 0800 Kris Merutx 03
        474 words
      • Article
        CONTAINER SCHEDULES
        1301 39 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS 9* N» Containers wafcMt V»y Cwtewn wahM» Equator Jewe 143N COD(EST) 11.02.93 143C Detmas Tour 8W 10.02.93 0707 N Zircon 24£ COO(EST) 11.02 93 0700 Saigon Empre 3106N 10.02.93 0720 E Ocean 4-048E COO(EST) 1102 93 150C (XXL Frontie 09E 1002.93
        1,301 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Ford posts US$7.4b loss due mainly to accounting change
        398 42 FT NEW YORK Ford Motor, the US car maker on Wednesday reported a US$7.4 billion (5512.2 billion) loss for 1992, due largely to a US$6.9 billion non-cash charge for a change in accounting principles but also a US$4l9 million fourthquarter charge
        FT  -  398 words
      • Article
        Lock icon GM suspends ads on NBC News despite apology
        537 42 NYT NEW YORK Despite a long and detailed on-air apology from NBC News, General Motors said on Wednesday that it had suspended advertising on all NBC News programmes indefinitely. GM's announcement came as NBC executives announced an "urgent and intense" review of
        NYT  -  537 words
      • Article
        Lock icon Russians to help inquiry into Iranian air disaster
        319 42 Reuter TEHERAN Search teams have found the flight recorders of two Soviet-made planes which collided in mid-air near Teheran and Russian experts will help pinpoint the cause of the crash that killed 134 people, officials said on Wednesday. Weeping relatives massed at
        Reuter  -  319 words
      • Article
        Lock icon UK offers aid for new M'sian airport
        229 42 AFP KUALA LUMPUR Britain has offered financial and technical assistance worth £40 million (Ss94 million) for Malaysia's multi-billion dollar airport project, Finance Minister Anwar Ibrahim said on Wednesday. He also said Malaysia may be granted a soft loan from Japan for the project.
        AFP  -  229 words
      • Article, Illustration
        Lock icon Outcry over German road tax plan
        360 42 FT BONN The German government's plan to impose a new road tax on autobahn users on Wednesday ran into a barrage of abuse, mostly from motorists. As Germans woke up to the fact that their favourite weekend pastime, alternately dicing with death at unlimited
        FT; Camera Press  -  360 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1324 42 ga n» n> mt n»_ Afc" WwW GA860 0025 GA970 0100 MtUUt QF81 1935 QF82 2050 SQ227 2230 Amsterdam KL837 1545 GA890 0100 SQ323 1815 SQ320 1100 KL838 2350 Atkews SQ348 2300 Auckland N235 1425 BA11 1340 SQ288 2045 SQ285 2115 BA12 2200 NZ36 2235 Bahrain
        1,324 words
      • LOG BOOK
        • Article
          Lock icon Air France, Viet carrier in air pact
          111 42 Reuter HO CHI MINH CITY Air France has signed an agreement with Vietnam Airlines to upgrade Hanoi's carrier by providing aircraft, training pilots and possibly opening a shuttle between Hanoi and Ho Chi Minh City, airline sources said. Bernard Attali, chairman of Air
          Reuter  -  111 words
        • Article, Illustration
          Lock icon Flying over home base
          37 42 Reuter CHINGCHUANKANG AIR BASE, Taiwan A Taiwan air force Indigenous Defence Fighter jet, the first to be built domestically, flying over Chingchuankang Air Base in the central city of Taichung on Wednesday. Reuter
          Reuter  -  37 words
        • Article
          Lock icon Air travellers' computers under scrutiny
          89 42 Reuter WASHINGTON The US Federal Aviation Administration (FAA) said on Wednesday it would ask airlines to monitor passenger use of such devices as laptop computers to see what possible effect they might have on the plane's instruments and radios. Anthony Broderick, associate administrator for regulation
          Reuter  -  89 words
        • Article
          Lock icon Lake Tahoe plane crash kills four
          87 42 UPI TRUCKEE, California A twin-engine plane crashed on Wednesday near the central California resort area of Lake Tahoe, killing all four people aboard and narrowly missing houses in a Truckee subdivision. Residents told Nevada County sheriff's deputies they heard the engine of the Cessna
          UPI  -  87 words
        • Article
          Lock icon S Arabia to export crude in own tankers
          96 42 Knight-Ridder HOUSTON Saudi Arabia is "trying to secure 70 per cent of our exports (of crude oil) through our own tankers," Hisham Nazer, Minister of Petroleum and Mineral Resources, said here on Wednesday. He made the comment at the annual Cambridge Energy
          Knight-Ridder  -  96 words
        • Article
          Lock icon Suez Canal revenue up in January
          92 42 Knight-Ridder CAIRO The Suez Canal earned US$l6B million (*****.2 million) during January, an 8-per-cent increase over revenues in January 1991, according to a report in the Cairo daily Al Akhbar newspaper. Last month 503 ships transited the waterway, the paper reported. The canal had
          Knight-Ridder  -  92 words
        • Article
          Lock icon Indian freighter catches fire
          53 42 Knight-Ridder LONDON The 13,635-deadweight-tonne freighter Vishva Ashahas did not sustain any significant damage following a fire on board on Feb 8, according to Lloyd's Intelligence. A staff surveyor examined the vessel at Kidderpore dock, Calcutta earlier on Wednesday. The Indian-flagged vessel arrived at Calcutta Jan 19
          Knight-Ridder  -  53 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      6 23 BusinesslT Every Monday in Business Times
      6 words
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      Page 23 Advertisements Column 2
      20 23 Urns and sarvtms raafimM b* Members of the Registry of Accredited ftSMSBSJ For adverting enquiries, contact Shipping Tlmex Tei 740-2089/740-2090.
      20 words
    • Advertisement
      Page 23 Advertisements Column 3
      316 23 THE famous on^> tmovi 224 1833 For more information pleawe refer to Pg. 13 Charting different courses on the Black Sea coast, Page 2 Ford posts US$7.4-billion loss, Back Page Someone dose has beenlving Your son InCanada is studying for some years, overseas. Wye given up ■Pi*™™ And you KlliiillLfl
      316 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      2897 25 OOCL (8) PTE LTD JAROINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 BOOKINGS TEL: *****34 *****58/ *****40 \lllJ2r CFS (PSA F5) TEL: *****21/ *****79 ■yiiiiTL JAROINE SHIPPING AGENCIES SON. BHO. iTBMMTI PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 L VQQQf J Dedicated to Quality Service r P l N H A^L T
      2,897 words
    • Advertisement
      Page 25 Advertisements Column 2
      393 25 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 1 UASC/1 J</W7EP/«M flffffWg CO.(SAG)J fl To US East Coat Bjfij-W I ipc I tt 1 atf 2L*****Z2 a/B /M nm I /M 2""*2"l l IN KM 11/ M 11/84 m TSS.'SS. n/ 7V/M *gf l V* im 18/81 11/85 11« a/m
      393 words
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      Page 25 Advertisements Column 3
      1167 25 MAKE YOUR BOOKING NOW TO CARIBBEAN/MEXICO/CENTRAL AMERICA/ SOUTH AMERICA MARGRETHE MAERSK V.9304 ETA SIN 16TH FEBRUARY 1993 I Vessel Vo» ETA ETD Mr by 1 DESTINATIONS Thn mm MargrWlta Matrtk V 9304 16/***** MRS CFS »«/2 0300 MRS X)M LPK PEN OAK LGB MOn TT I Ll,B u S OO
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      1336 26 AOABA R'DAM/ LE VOY NO S PORE JEODAH (via JED) STON H BURG ANT HAVRE HMTI HOECHST EXPRESS 07/305 13/2 23/2 1/3 3/3 6/3 8/3 10/3 WfflmSMl TOKIO EXPRESS 09/106 18/2 6/3 9/3 7/3 DANUBE 06/306 20/2 2/3 8/3 10/3 13/3 15/3 17/3 S^nßl*/C<WW«i KAMAKURA 27/107 25/2 13/3 16/3 14/3
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      Page 26 Advertisements Column 2
      543 26 FCL Breakbulk 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 Vietnam t Mongolia t Hungary CSFR e Poland ocwrans AGENOES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Ve—l ITA 8M VILLE DE LA FONTAINE 15/02 VILLE
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      Page 26 Advertisements Column 3
      1249 26 @miMM un FULL CONTAINER SERVICE I SSfttl^ll 250 3 2S/02 11/03 12/21 15/2 16/03 17/03 11/03 19/03 20/03 I I CMNA SEA ?S?S i!(22 22/03 23/03 24/03 "Z® 3 2«/°3 27/03 I J»/« si«/« I s I is 09/oj__l4/03 26/03 29/03 30/03 31/03 03/04 04/04 05/04 06/04 03/04 I NORASIA
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      1988 27 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppd Towers Singapore 0208 Tel: *****8* Fax: *****17 ffnmnll tTf sts shux** p* lm CARGO DUE SAILS CONTAmni SCRVICt TO CAMBOMA I STRAITS VENTURE ¥04£ Mum. Lab 12 Ftb 13 F«b 14 Feb »05E Mura, Lab 12-13 F.b 15 Feb
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      Page 27 Advertisements Column 2
      2124 27 TfcO SINGAPORE AGENT: kXt( I f P&o Containers (Singapore Agencies) Pte Ltd 1 ■t\ VJVlllCllllvX O 10 Hoe Chiang Road #07-01 KEPPEL TOWERS, SINGAPORE 0208 W"' i* l TeJ: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 jy CR Number: **********0Z m| 1111 IMPORT oT^ L B OS2O
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      707 28 f INDONESIA NATIONAL UNE I I W I >r—tl wool »mnr I MTM 127 m X-2t/2 I 2S/3 ~~31/3 S/4 I lt/4 TO AUSTBAUS^^ EAST COOST Win wt/w |niiTsTqg|stp lulb lews Ira lima wo uwMwnn* I n/i~ u/2 Inn 2/3 7/3 vs. IB>/>IS I 17/i~ 16/2 I 2/3~ 5/3 WO
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      Page 28 Advertisements Column 2
      1733 28 HANJIN SHIPPING FW *a sat UK HAUL SU VCR FDR VSI SM IIME HAU SAV IM NYC Nl FELIXSTOWE Oltt 20/2 DRECI U/3 12/3 HMUN KUNSAN 0841 15/2 H. SAVAMMH 03CE 25/3 2C/3 28/3 HANM POHANG 12CE 22/2 H. HASAN 077E 18/3 19/3 HAIUN POHANG 12« 22/2 M. ASM 0881
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      1084 28 I sfiP KS6 NIC KLC FIB NIT 091 NET 9tt TTO LAX QB ML NTC LHV MM Ml ll# MC ra CM HI M I I I SunVtjl "l/l *7/1 *V 1 *1/1 |i/i 5/3 .52 l U/1 2/4 1/4 IJ »/< 1V« K/4 17/4 27/4 7/1 li/5 12/5 I
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      1354 29 "Id SCX: 'NEPTUNE DIAMOND Iff' ETASGpT/02/9^TH II ARRIVING LOS ANGELES 07/03/93 IN 17 DAYS HI S3 II AEX: 'HAKONE MARU 08E' ETA SGP 17/02/93 Ml |l ARRIVING NEW YORK 12/03/93 IN 22 DAYS I y II *RI SCX: Connecting C. Pegasus Voy TIE in HKG II *B2 SCX: CwncMng C.
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      Page 29 Advertisements Column 2
      313 29 ©HEUNG-A SHIPPING I Korean Flag Vessels FULLY CONTMOBED SERVICE TO: HONGKQN6, BUSAN, MCHON, MON STRAITS/KOREA SERVICE na SM SW Wt BSD MC MO! IffWMO 30CN 11/02 15/02 24/02 21/02 01/03 02/U HO f DOHMK 302* 22/02 »/02 00/03 11/03 13/03 CHOTMK LMD P8307 21/02 22/02 27/02 03/03 04/03 05/03 I
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      Page 29 Advertisements Column 3
      166 29 CENTENARY SHIPPING I SERVICE WEEKLY FUU. CONTAINER DIRECT SERVICE SINGAPORE/HO CHI MINH OTY Now providing Container Trucking toVungtaiL from Ho Oil Mhh Qty J VESSEL-S NAJME VQY. WW ETA/P SPORE ETA/O HCM OTY TAN AM AM 76N/S 16 16 FEB 1919 FEB 93 TAN AH AM 77N/S 23-23 FEB 2S-2S
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      Page 29 Advertisements Column 4
      1168 29 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 MKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOWD—OCCHARONG WESTBOUND—LOAOttG TRANSHPPED VIA
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      Page 30 Advertisements Column 1
      1389 30 KT AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W W?V TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/B^9 I I I f%J M MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BHD I M m A MmJ TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5^6 ■nm KAWASAKI
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      Page 30 Advertisements Column 2
      712 30 PHI LI on If NT LI MS PT€ LTD r 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 BY Am, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU lUZ3 MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION nuLtLumg-^ 18 FEB SYDNEY. MELBOURNE. BRISBANE.
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      Page 30 Advertisements Column 3
      419 30 GOLDENLINE\ ICGfcV GUAM GUAN SUPPING \P>J<\ (PTE) LID w 23. TAk kjm Strict 9KAPORE 0104 IE: 5343 M (II UKS) Fn U43SM (CR «ta. WWW) imm/nuuw oplf mwc« Spore P. Ketang Penarg eouo KM Hafact* Dub* Damnum IC/17 FM ntMt BW Karachi Dub* 2/3 M* CMU HiTKI GOUXN WONXJt China
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      983 31 PACIFIC INTERNATIONAL LINES (PTE) LTD '140 Cecil Street, #03-00 PIL Building, Singapore 0106. CR NO: **********06 VESSEL VOY SIN BKK SIN VESSEL VOY SM MT SIN EQUATOR CRYSTAL 129N 13/2 H/2 20/2 KOTA INOAH 3171 14/2 17/2 21/2 KOTA BINT AMR KMTmti BUNOA TERATAI 3173 W1 1»/2 23/2 KBTO6N 14/2
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      Page 31 Advertisements Column 2
      1677 31 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p|P GUDANG PENANG PKELANG OCEAN VSL/VOY RTM (2) HAM (3) GOT (4) E '2/2 1212 13/2 ALSIA 3052 16/2 5A3 775 873 10/3 E "iSTi iiTi 20/2 benavon 3062 23/2 12/3 14/3 isTi 1775 D 26/2 26/2 27/2 JUTLANDIA 3072 273 1973 2775
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      Page 31 Advertisements Column 3
      313 31 I BSA° TRANSPORTATION H MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdj MYOMA YWA VI46W M MYITK YMA V46SW 16/17 Feb MA VI2OW 16/19 Feb 13/15 Feb PAGAN VI93W 22/25 Feb MALAYSIA AGENTS: BOUSTEAO SHTPMG AGENOES KUL m 03 *****00 PKI TEL 03
      313 words
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      Page 34 Advertisements Column 1
      3140 34 Conventional Semi-Container Full Container Liner Services Liner Services m Genenl Agents: Booking Agents: General Agents: Bonking Agents Gnnn Gnan Skiving Sdn BM Chung Ckiso Skipping sdn Bkd F.T. Gkkai hrtri Indonesia Maritime Ykk Fung Shipping A SUppiog Froigkt Booking Grootskip Agencies COStdr Shipping Pte Ltd Skipping Froigkt Booking Cootn S*
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      Page 35 Advertisements Column 1
      678 35 jfc FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMftSSOL/PIREAUS 13/2 ROTTERDAM 13/2 HAIFA/ ASHDOD/ ALEXANDRIA 13/2 HAMBURG/BREMEN 13/2 MARSEHLE/FRAWCE 13/2 FELIXSTOWE/UK 13/2 BARCELONA/SPAIN 13/2 LEHAVRE/ANTWERP 13/2 GENOA/ITALY 13/2 GOTHENBURG/SCANDINAVIA 13/2 LOS ANGELES/WC/PI 13/2 SYDNEY/MELBOURNE 14/2 NEW YORK/EC 13/2 FREMANTLE/ADELADE 15/2 VANCOUVER
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      Page 35 Advertisements Column 2
      616 35 m RICHFIELD MARINE AGENCIES (S) PTE LTD IV TEL: *****33 (12 Line*) K FAX: *****15/*****03 fttjj TELEX: RS ***** RISHIP (3 Line*) |®l ETHIOPIAN SNIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOADING FOR SPORE ANOtNET 29W8 28/03 DARESSALAAM. MOMBASA. DJIBOUTI ASSAB. MASSAWA NETSANET 29W8
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      Page 35 Advertisements Column 3
      648 35 JAKARTA BANGKOK I"* wr MI «T Iro 1 wot 1 wamm 1 —at 1 h w K/2 MM) BHUM 63N to ft 12/2 Mi 15/2 "HUM 17S 13/2 17/2 WAWTA BHUM 12W Sat 13/2 fM ~7/2 NMM BHUM 17tS 17/2 21/2 OWACOH SENTOSA 22N Sal 13/2 It U/2 MM BHUM
      648 words
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      Page 35 Advertisements Column 4
      308 35 TKER-UHE BAY OF BENGAL SERVICES WM—wi hfS 15-24/2 *27/2 I no 24JR 15-14/2 2123/2 1142/2 I Sm 17-11/2 24-25/2 4344/3 I waggp 24<w 2223/2 4142/3 4543/3 yasjgg Si io u-22/2 21-21/2 I JHIKL ltta "-W* 0545/3 I EMU HB2I 111 14JV2 2542/J 4445/3 I UPW 435 25-27/2 4M4/3 15-14/3 ™2"55
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      Page 36 Advertisements Column 1
      1241 36 GROUPAGE lzj\y VJg E L^ ANG: m S SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 I HKG/TWN/BKK I GOTH/U.K/MED PORTS 14/? IS/? PEN PK S,N 7/2 8/7 fq/o f!®" s°°' Ldn/Fl*/Rdm/Ant/LHV 11/2 12/2 13/2 J'i I*',; l*'* i n| G'burf/C'hajen/S'holm/Oslo 14/2 15/2
      1,241 words
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      Page 36 Advertisements Column 2
      978 36 Rio ww p I THONG SOON UNES PTE. LTD. I 77 ROBINSON ROAD #15-00, #16 00 SM BUILDING SINGAPORE 0106 I TEL: *****88 FAX NO: *****11, *****22 II TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO 111 cowygwndkAl/eOtffAIMB I MAVKM —3 II SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA
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      Page 37 Advertisements Column 1
      1050 37 JftL GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: *****M0000W SP PKL PNG KAO GLORY SELATAN VI 10/2 13/2 16/2 26/2 GLORY SELATAN V 25/2 2S/2 3/3 13/3 SP PKL HCM HK KAO GLORY SELATAN X 1/3 6/3
      1,050 words
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      Page 37 Advertisements Column 2
      574 37 PCSI WORLDWIDE Humu -tiopt srtuias ums REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU A SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER NO 2 Connecting Feeder to Shantao LIAN 80 NO 9 WE HV LEASING CONTRS FOR RENTAL SAILING TO 'PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO
      574 words
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      394 37 II FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN ALSO CALLING PT. EUZABETH/JOHANNESBW TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN ALSO ACCEPTING CONTAINERS TO TUDCOffIN/ BANCALOWE/COCMN AND NEW DELHI WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SII WITH TRANSHIPMENT TO: ASEAN/AUSTRAUA/FAW EAST/MEDITERRANEAN/EURO! WEEKLY CONVENTIONAL SERVICE I SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOWBAY/KABACHI WEEKLY CONVENTIONAL SERVICE
      394 words
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      Page 37 Advertisements Column 4
      385 37 mam SIM FAR EAST 16/2 KEELUNG/KAOHSiUNG 20/2 BANGKOK 15/2 MANILA/CEBU 21/2 JAKARTA/BELAWAN/SURABAYA 15/2 PORT KELANG/PENANG/E. MALAYSIA 15/2 BUSAN 21/2 TOKYO/YOKO/KOBE/NGO/OSA 15/2 HONG KONG M SjN CHINA 1 15/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU iPE DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S|N EUROPE/UK 20/2 LDN/FLX/LVP/SOU 20/2 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN
      385 words
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      Page 38 Advertisements Column 1
      648 38 HONG KONG/CHINA 15/2 JAKARTA 14/2 BANGKOK 13/2 MANILA 15/2 BUSAN 15/2 KEELUNG 16/2 TOKYO/KOBE 12/2 KAOSHIUN6 13/2 POHT KELAN6/PENAM6 15/2 YOKOHAMA 14/2 COLOMBO 16/2 FELIXSTOWE/HAMBURG 13/2 CHITTA6ONG/MAORAS 15/2 ROTTEROAM/LE HARVE 13/2 BOMBAY/KARACHI 12/2 ANTWERP 13/2 CALCUTTA 10/2 LAX/NYC 14/2 SYDNEY/MELBOURNE 18/2 /tejp CMT LINER EXPRESS AGENCIES PTE LTD ImiMi HOT-LINE!!!
      648 words
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      Page 38 Advertisements Column 2
      490 38 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. FREMANTLE 15TH FEBRUARY ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 14 FEB JAKARTA 14 FEB PENAN6 18 FEB POUT KELAN6 18 FEB AUCKLAND 18 FEB SYDNEY 18 FEB MELBOURNE 18 FEB BRISBANE 22 FEB HAMBURG 13 FEB FELIXSTOWE 13 FEB GOTHENBURG 13
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      Page 38 Advertisements Column 3
      321 38 Next Week's Sailings Singapore I ETD II To: ETD ™SSuSSSSS M Singapore Singapore ISO 9002 by lrqa EVERY EVERY Bangkok SUN Hamburg SAT yj i every EVERY Manila SUN Ho Chi Minh FRI [£f|Jj S]| EVERY EVERY vM5w. LtSsJ Colombo TUE Los Angeles SUN l| INTERNATIONAL SEA FREKHT FORBARDMG WW
      321 words
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      Page 38 Advertisements Column 4
      287 38 I H NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOK.YO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHVNEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L, BANGI, SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart Singapore
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      Page 39 Advertisements Column 1
      1049 39 The Straits Times Weekly Overseas Edition HOME BROUGHT CLOSER ■T SSSffig LCL ACCEPTANCE TO AUSTRALIA MAIN PORTS Fttl»«ssa PKG PEN OCEAK VESSEL SM LEH Rind) HAM (2) BRV FU SOU GOT B. Serop -G. Mm 12/2 10/2 NIL Hoorn/2013 17/2 6/3 7/3 8/3 10/3 11/3 9/3 10/3 Fortune/3202 14/2 9/2
      1,049 words
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      610 40 iLcosco ukc conventional service VESSEL PKL PNG P.O. LOACHNG FOR: A VESSEL 28/2 Rotterdam/Antwerp CMNA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/02 20/02 Huangpu/Guangzhou COSCO FULL COWTAXER SERVICES (FCL/FCLI EXPORT TO: CHM A/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
      610 words
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      Page 40 Advertisements Column 2
      417 40 a BBHBk EES FREIGHT SERVICES PTE LTD I J ■jTI #01-60 Wallich Building, I I Wallich Street, Singapore 0207 I Tel: *****66 (10 Unes) Fax: *****69/*****44 I II "OLANDIA" II "MARJON" OOCL FAME V.I IE II V.134 V.044N ETD SIN: 17/2/93 II I ETD SIN: 18/2/93 ETA SIN: 14/2/93 ETA
      417 words
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      Page 40 Advertisements Column 3
      799 40 Antwerp 13/2 I Fremantle ii7s I Banqkok 13/2 I Bremen 13/2 Sydney 18/2 Bus r n 15/2 Hamburg 13/2 Melbourne 18/2 Hong Kong 15/2 LeHan/e 13/2 Kaohsiung 13/2 d B m we Keelung 12/2 Rotterdam 1?/2 J Bombay 15/2 Jakarta 14/2 Calcutta 14/2 Manila 15/2 Chlttagong 18/2 Lax Nyc 14/2
      799 words
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      Page 41 Advertisements Column 1
      982 41 HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE rasas vor wi* pke pgd vessels vov Is«I mm mt* leh* ham B*tt pa MM ADVANCE IMA 9/2 11/2 13/2 SI FREEDOM 303W 14/2 5/3 5/3 6/3 7/3 7/3 9/3 •MM ADVANCE 05A 16/2 l«/ 2 20/2 H INNOVATOR 302W 21/2 12/3
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      543 41 I STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS I INBOUND VESSELS I veski m v n ik u I UISIW 13 9J ■PT Ml 14/2 I ouMi it ami ]i mn I COSMKMSTU II l«/ 2 11/2 I NIB ««MI 21 21/2 Ml 17/2 I isucuma iu
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      Page 41 Advertisements Column 3
      866 41 I EXPORT JEDDAH/UK /CONTNENT }J® s H«G rOMI L£H Ah* Acctptaf C*|t F«r: TMBEBIEBM 1M 11/? S/? W/J latwSS 09' 101 11/2 4/3 9/3 7/3 Rotterdam :It if Airtwim Amsterdjm Osfc ILiiiii.. EB2SL 2/3 I?/1 \l 17/3 South T to 10 m Mast and OuMn wlf? g/1 13/3 U/3 14/3
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