The Business Times, 16 February 1993

Microfilm: NL18517
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times wt: KNOW ASIA MITA (P) 552/12/92 Tuesday February 16 1993 75'
    13 words
  • 2am LATEST
    • Article
      Lock icon Iran unveils moves to woo investment
      51 1 UPI ATHENS Iran has announced a series of measures aimed at reforming the economy and encouraging foreign investment. A dispatch by the official Islamic Republic News Agency said the new measures included a single parity rate for the Iranian rial against the US dollar.
      UPI  -  51 words
    • Article
      Lock icon EC approves loans to Latin America, Asia
      79 1 Reuter BRUSSELS European Community financc ministers have agreed on 750 million European currency units loans (SSI.4 billion) to Latin America and Asia and on a budget guarantee on loans given to the Baltic countries. The decision will allow the European Investment Bank (EIB)
      Reuter  -  79 words
  • Article, Illustration
    MARKET SUMMARY
    112 1 Stock market indices Monday Change SHI 1,618.57 +5.05 KLSE Composite 634.91 -0.51 Nikkei 17,117.99 +266.48 Hang Seng 6,049 44 +191.29 SET Index 998.33 -0.03 Jakarta Composite ...301.78 +1.24 CLSA China B 1.611.05 +14.34 Aust All Ord 1,596.5 -7.0 FTSE 100 2,845.9 2.9 Monday Pr now close Dow Jones
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  • Article
    Lock icon Indon ruling party wants Try as vice-president
    138 1 Reuter JAKARTA Indonesia's ruling party yesterday said it would nominate the country's military commander for the vice-presidency in elections next month, when long-serving President Suharto is certain to get a fresh mandate. "(The nominee for vicepresident) would not be different from PPP's nominee,"
    Reuter  -  138 words
  • Article, Illustration
    Reports of HK compromise send Hang Seng soaring
    738 1  -  From Stephen Vines The Bottom Line: HK politics come full circle, Back Page in HONGKONG HONGKONG'S stock market soared yesterday amid speculation that China had signalled it was open to compromise after four months of intensive campaigning and threats of retaliation against
    738 words
  • Article
    Renong sells entire stake in Hume Industries for M$270m
    449 1  -  By Amy Balan SINGAPORE Malaysia's Renong Bhd has sold off" its entire stake of 52 million shares in building materials supplier Flume Industries (M) Bhd for M 5270.4 million (*****.4 million). The Hume sale, together with the sale of its stakes
    449 words
  • Article
    BG Yeo to businessmen: Don't dismiss India lightly
    536 1  -  From Salil Tripathi in MADRAS SINGAPOREAN businessmen should not dismiss India lightly, says Minister for Information and the Arts George Yeo. BG (Res) Yeo, who is also Second Minister for Foreign Affairs, was speaking to the Singapore press on the last day
    536 words
  • Article, Illustration
    Malaysia's third quarter growth slows to 6.4pc
    631 1  -  From Leslie Lopez in KUALA LUMPUR FINANCE Minister Anwar Ibrahim said yesterday that the Malaysian economy would not achieve its original estimate of an 8.5 per cent growth in gross domestic product for 1992, confirming weeks of talk of a possible economic slowdown.
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  • Article
    Lock icon Tokyo rules out sharp rise of yen
    272 1 Reuter TOKYO Japanese Finance Minister Yoshiro Hayashi has put to rest expectations of a sharp rise in the value of the yen, saying that he had told US President Bill Clinton that the dollar must not plunge because it is a key global
    Reuter  -  272 words
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      203 1 Nikon The World's Finest Pftotograpnic System. CONTENTS Spore News 2 5p0f55?*..9.10.12 Regional News 3.4 Franctf 14,15 World News 7.8 Ftitew Markets Analysis 27 Oob/KIS. StS 19.20 E (Mortal 26 Regional 17 Sports 21 WhU 17 TV/lifestyle 23 Currencies 15 Regional Focus 6 Sww/Commo -.16 Subscription Td 1800-*****77 Fai *****75 »T
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      8 1 Property Construction One definitely upbeat developer Pg 25
      8 words
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      16 1 Hock Lock Siew Backdoor listings: Big bucks for investors Pg 9 9 Madras-Singapore corridor. Back Pg
      16 words
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      72 1 The fT^y UK full Pg Nikon The World s Finest Photcgrnpnic System Japan will retaliate against US sanctions, Back Pg HI 1 Kflfljll^Hlw 1 ft E :::*:::t:;-t>y;y:y^: c :^^^^^M^C^^fc^^w8B^^^^^^^^^S r BQ 9H(itnutf^^w Hit If P B^Hi Hij im Po/ho'ck*(ariier (a/tier Boutique/ SINGAPORE Palais Renaissance, #01 -03. 390 Orchard Road Tel:
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  • SINGAPORE NEWS
    • eye on the ECONOM
      • Article, Illustration
        Lock icon Better quarter for manufacturers
        252 2  -  By Anna Teo THE ORDER books should be better this quarter for most manufacturers, especially those dealing in chemical products, electronic products and electrical machinery. When surveyed in December/January by the Economic Development Board about business conditions this quarter, a net weighted balance of 47 per
        Source: EDB  -  252 words
    • Article, Illustration
      Lock icon Ee Peng Liang Award goes to Lee Foundation
      107 2 THE inaugural Ee Peng Liang Award, Singapore's highest award for voluntary work, was presented to Foundation a charitable organisation which has been helping thousands of needy families and individuals in Singapore for over 40 years. Mr I>ee Seng Gee (left), chairman of
      Photo by Chris Loh  -  107 words
    • Article
      Eastman Chemical to build multi-million dollar Asian plant
      455 2  -  By Genevieve Cua US-BASED Eastman Chemical, part of the Eastman Kodak group, will invest between US$4O million and USSIOO million (SSI6S million) in a specialty plastics plant in Asia and Singapore is "top of the list" of possible sites. Eastman Chemical's president
      455 words
    • Article
      Property prices won't be hit hard, says CIDB
      219 2 Goods and Services Tax THE Goods and Services Tax is unlikely to have a major impact on property prices, says the general manager of the Construction Industry Development Board (CIDB), Lam Siew Wah. Mr Wah said yesterday that although property prices and
      219 words
    • Article
      Liability of long-term contracts
      152 2 f JRAS^ This is a daily column of the Inland Revenue Authority of Singapore to promote understanding and discussion of the GST WHAT HAPPENS to traders with annual turnovers of $1 million or more who have entered into long-term contracts without making provisions for the GST?
      152 words
    • Article
      FairPrice plans to open two stores in KL
      152 2 NTUC FAIRPRICE is planning to set up two supermarkets in Kuala Lumpur towards the end of the year. Chairman Gopinath Pillai said NTUC Fair Price will sign a memorandum of understanding with a Malaysian company soon to set up the supermarkets there.
      152 words
    • Article
      URA sells two more Riverside Village sites
      239 2  -  By Colin Tan THE Urban Redevelopment Authority has sold another two of its Riverside Village sites, this time to listed City Developments and a local food-and-entertainment company. In a press statement yesterday, the URA said it was selling a 4,806 sq m site
      239 words
    • Article
      Sembawang secures partial judgment against Bethlehem
      296 2 SEMBAWANG Engineering (Pte) Ltd has secured partial judgment in a suit against rigbuilder Bethlehem (S) Pte Ltd, it was revealed in court yesterday. The Sembawang Group member is suing Bethlehem for additional work done on modules that it fabricated under a sub-contract in the
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    • SINGAPORE ROUNDUP
      • Article
        Better pay for nurses
        83 2 SALARY SCALES for the nursing grades represented by the Amalgamated Union of Public Employees (AUPE) have been revised. The agreement reached by the Health Ministry, the Finance Ministry and the AUPE means that about 2,300 nurses will get rises ranging from $25 to $125 per month.
        83 words
      • Article
        TDB appoints Sri Lankan rep
        59 2 THE Trade Development Board has appointed IW Senanayake as Singapore's honorary trade representative in Colombo, Sri Lanka. Mr Senanayake will help promote trade between both countries and assist Singapore companies that want to invest in Sri Lanka. He is the chairman of Sri Lanka's IWS
        59 words
      • Article
        Gen Try calls on PM Goh
        51 2 INDONESIAN armed forces chief Try Sutrisno, who retires this month, called on Prime Minister Goh Chok Tong at the Istana Annexe yesterday during his series of farewellcalls on officials of the government and armed forces. General Try also visited the Defence Ministry at Gombak
        51 words
      • Article
        Medical campaign a success
        54 2 THE three-month public education programme on the "Use of Medical Services and Medisave" was well-accepted, said Minister of State for Health Aline Wong. A survey showed the campaign was effective in reducing the percentage of respondents who did not know much about these matters from 13
        54 words
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      74 2 Epson Makes Business A Pleasure. EPSON C 1993 IBen IFraroLli n's great great great great great great great grandson, 1 Scott Toomniey, wi is Coack Attache, t r 4 $1,199 (coach) AN AMERICAN LEGACY Scott Toomey is a Russian scholar and an attorney in Philadelphia. He's carrying the Coach 4"
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  • THE REGION
    • Article, Illustration
      Thai military opposes visit by Nobel laureates
      522 3 But govt says human rights campaign will improve country's image BANGKOK Thai generals say they are worried that a campaign by Nobel Prize laureates for human rights in Myanmar will hurt Thailand's relations with China and Myanmar. But the government says the event
      522 words
    • Article, Illustration
      Lock icon Filipinos defy government, trek back to volcano
      372 3 Reuter MABINIT, Philippines Dozens of Filipinos defied government orders yesterday and trickled back into threatened areas around the restive Mayon volcano from which they were evicted at the weekend. Farmers ignored police checkpoints set up to prevent them from going back to tend
      Reuter  -  372 words
    • Article
      Lock icon Mobil looks set to become first US oil firm to re-enter Vietnam
      595 3 Reuter HO CHI MINH CITY American oil major Mobil is likely to become the first US oil company to take part in an oil project since the Vietnam War ended in 1975. Mobil appears to have taken the
      Reuter  -  595 words
    • Article
      Lock icon Manila revives death penalty to combat soaring crime
      185 3 Reuter MANILA A former comedian turned senator cast the deciding vote yesterday to restore the death penalty in the Philippines after six years of bitter debate and opposition from the powerful Roman Catholic Church. The Senate took the decisive vote amid a
      Reuter  -  185 words
    • Article
      Lock icon M'sian rulers meet unofficially in Istana Johor
      333 3 Bernama KUALA LUMPUR Several rulers held an unofficial meeting yesterday at Istana Johor in Jalan Kia Peng here, believed to be in connection with the amendments to the Constitution to limit their legal immunity. The Sultan of Kedah, Sultan of Kelantan and Yang
      Bernama  -  333 words
    • Article
      Chuan summons top execs of state firms for meeting
      441 3 BANGKOK More than 100 top executives of state enterprises have been callcd to a meeting at Government House tomorrow to hear Prime Minister Chuan Leekpai's policy on how to improve their efficiency, the Bangkok Post reported over the weekend. The move
      441 words
    • Article
      Lock icon KL launches energy conservation campaign to cope with shortage
      291 3 AFP KUALA LUMPUR Malaysia launched a year-long energy conservation campaign yesterday to cut electricity usage by up to 30 per cent daily in an attempt to overcome a national power crisis, officials said. Ani Arope, executive chairman of Tenaga Nasional Bhd,
      AFP  -  291 words
    • Article
      Lock icon M'sia to set up Viet export processing zones
      138 3 AP KUALA LUMPUR A Malaysian consortium will form a joint venture with Vietnamese authorities to establish two export processing zones in central Vietnam, Malaysia's Deputy International Trade and Industry Minister Chua Jui Meng said yesterday. He said a Malaysian consortium and the
      AP  -  138 words
    • ASIA NOTES
      • Article
        Lock icon Deng's market reforms in constitution?
        54 4 Reuter BEIJING China's Communist Party has proposed a series of amendments which will carve paramount leader Deng Xiaoping's market reforms into the country's constitution. The party's central committee submitted the suggested amendments to the standing committee of the National People's Congress. The committee is effectively
        Reuter  -  54 words
      • Article, Illustration
        Lock icon Sweet way to send bitter message
        69 4 Reuter TOKYO Women protesters bringing a large heart-shaped ox of chocolates to former Japanese Prime Minister Noboru Takeshita's residence as a Valentine Day's gift on Feb 14. The gift box bears a message telling him to quit. Mr Takeshita, under pressure to resign for
        Reuter  -  69 words
      • Article
        Lock icon HK, M'sian firms to invest in Guangxi
        58 4 Reuter HONGKONG Hongkong and Malaysian investors plan to invest billions of dollars in Guangxi, said Lei Yu, vice-chairman of the Guangxi government. He said Hongkong's Hopewell Holdings and New World Development planned to build power stations while Malaysian entrepreneur Robert Kuok was interested
        Reuter  -  58 words
      • Article
        Lock icon Manila confident of new IMF loan
        89 4 UPI MANILA The Philippines was entering formal talks with the International Monetary Fund confident it could reach a new agreement after the successful launching last week of the country's first international bond float in a decade. Finance Secretary Ramon del Rosario said yesterday that
        UPI  -  89 words
      • Article
        Lock icon Sagawa to miss giving testimony?
        99 4 AFP TOKYO A former chairman of the Sagawa Kyubin trucking firm has asked to be excused from appearing before parliament to testify on a scandal involving top politicians on the grounds of poor health, news reports said yesterday. Kiyoshi Sagawa, who allegedly played a key
        AFP  -  99 words
      • Article
        Lock icon Untac can repulse Khmer Rouge
        62 4 AFP KUALA LUMPUR Prince Norodom Sihanouk's spokesman said yesterday that the UN Transitional Authority in Cambodia (Untac) could repulse any Khmer Rouge attempt to disrupt elections planned for May. "There is fear the Khmer Rouge will cause trouble but Untac is in a position to
        AFP  -  62 words
    • Article
      Lock icon HK-China monetary integration seen rising
      239 4 AFP HONGKONG The integration between Hongkong and China has created a vast pool of Hongkong dollars in China, a banking report said yesterday. The report issued by Hongkong's quasi-central bank. The Hongkong and Shanghai Banking Corp, said it was estimated that HK$l5 billion (553.2 billion)
      AFP  -  239 words
    • Article
      Lock icon Corporate bankruptcies in Japan likely to rise
      419 4 Reuter TOKYO Corporate bankruptcies in Japan rose only 2.7 per cent in January and their resulting debt fell more than 40 per cent from a year ago, but analysts said it was too soon to say the worst was over. The private Tokyo
      Reuter  -  419 words
    • Article
      Lock icon Japan's ruling LDP loses key governorship to opposition
      334 4 Reuter TOKYO Japan's new anticorruption party has won a prize governorship in the ruling party's rural heartland, setting off alarm bells ahead of key Tokyo municipal elections and a likely general election later this year. Final returns yesterday showed that the Japan
      Reuter  -  334 words
    • Article
      Lock icon Fall in HK property prices exaggerated: Morgan Stanley
      380 4 Sunday Morning Post HONGKONG Residential property prices in Hongkong are falling but not by as much as most people believe, according to Morgan Stanley. In fact, prices for 1992 as a whole were up 28 per cent, despite the 70 per cent
      Sunday Morning Post  -  380 words
    • Article, Illustration
      Lock icon Thousands protest in Seoul against bid to open rice market
      302 4 AFP SEOUL The American flag was set alight yesterday as some 14,000 farmers and supporters rallied on a campus here to protest against international pressure for South Korea to open its closed rice market. "Let's block Uruguay Round negotiations," and
      AFP; Reuter  -  302 words
    • Article
      Lock icon Taiwan eases curbs on wine, tobacco imports
      182 4 Knight-Ridder TAIPEI Taiwan will remove restrictions on wine and tobacco imports from members of the General Agreement on Tariffs and Trade (Gatt). except for Japan and China, which has applied for membership, trade officials announced last Sunday. The new measure would take effect
      Knight-Ridder  -  182 words
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      444 3 mega Business Opportunities J ?(A J \V at the 2nd Annual L jti Global Super JA Projects Conference Nfflnrvy 7-10 March 1993 Westin Stamford Hotel, Singapore Recognised as the most significant infrastructural or facility To match the growth of infrastructural development in Asia, project ventures in the world, global super
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      114 4 Convenient Manila? iHN il On Philippine Airlines. hn a ww« P' I Get ahead to Manila any day! Philippine Airlines I UPP p 0 I IVJP I\J A V P I leaves Singapore at 9:40 in the morning and A ilUlYli J V/llEl fT AX r arrives in Manila at
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      577 5 And they said we had our heads in the clouds. the world's fastest digital telephone network system. driver, are spared the embarassing ordeal of mimicking That, we must admit, isn't entirely untrue. For example, the data required by other control strange engine noises to your service technician. Because, for a
      577 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Road to democracy full of potholes — and landmines
      1399 6  - Road to democracy full of potholes and landmines Cambodian elections Reports from Harish Mehta in PHNOM PENH REG AUSTIN makes a living organising elections in tough places where democracy is often accompanied by anarchy. He has introduced multiparty elections to Zimbabwe, Namibia, Mozambique and Angola but the task of holding
      1,399 words
    • Article, Illustration
      Unknown candidates vying for presidency
      471 6 An engineer and a lawyer running independently against Sihanouk TWO UNKNOWN Cambodians have said that they intend to challenge Prince Norodom Sihanouk in the May presidential elections. And diplomats in Phnom Penh say several more hopefuls might join the fray. First to announce his intention
      471 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      532 6 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 wTpi'" TIGER ENTERPRISES LIMITED We are part of a leading Hong Kong based manufacturer and retailer of apparels employing over 8,000 people in Asia, lo support our fast-growing apparel chain stores in the People's Republic of China, we are looking for
      532 words
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  • THE WORLD
    • Article
      Lock icon Washington reviewing trade policies towards Beijing
      457 7 NYT WASHINGTON The Clinton administration has begun to review trade policies towards China, but does not expect to reach any decisions for at least a month or two, administration officials say. Mid-level officials from the State, Treasury, Commerce and Agriculture departments and the Office
      NYT  -  457 words
    • Article, Illustration
      Lock icon Yeltsin leaves Moscow unexpectedly amid crisis
      440 7 Reuter MOSCOW Russian President Boris Yeltsin, faced with a growing challenge to his power by conservative rivals, left Moscow unexpectedly yesterday for what a spokesman called a 12-day holiday at a country villa. A presidential spokesman said Mr Yeltsin, who has a record of
      Reuter  -  440 words
    • Article
      Lock icon Ex-communist party boss wins Lithuanian presidential election
      237 7 UPI VILNIUS. Lithuania Former Lithuanian Communist Party boss Algirdas Brazauskas emerged yesterday as the clear winner in the Baltic republic's first post-Soviet presidential election. "We have passed the test of democracy." he declared after winning a five-year term to become only the fourth
      UPI  -  237 words
    • Article
      Lock icon Russia to create its own oil giants
      143 7 Reuter LONDON Russia is pressing ahead with plans to restructure and privatise its once-monolithic oil indastry despite resistance from some powerful Siberian "oil generals". Three giant new independent companies Lukoil, Yukos and Surgutneftegaz will emerge from the shake-up this year with combined production
      Reuter  -  143 words
    • WORLD WATCH
      • Article
        Lock icon Iraq criticises UN sanctions committee
        61 7 Reuter BAGHDAD Iraq yesterday protested to the UN that its. sanctions committee is preventing the Iraqi people from obtaining the daily necessities of life. Writing to UN Secretary General Boutros Boutros-Ghali. Foreign Minister Mohammad Saeed alSahaf sharply criticised the committee for what he said was
        Reuter  -  61 words
      • Article
        Lock icon Arafat adviser plays down deportations
        77 7 AP TUNIS The expulsion of some 400 Palestinians to Lebanon should not derail the Middle East peace talks, a top adviser to PLO chairman Yasser Arafat was quoted as saying in an interview published yesterday. Bassam Abu Sharif, who often floats ideas for the Palestine
        AP  -  77 words
      • Article, Illustration
        Lock icon Rushdie surfaces in Cambridge
        40 7 Reuter CAMBRIDGE, England Author Salman Rushdie at Cambridge University last Sunday where he emerged from hiding to address a service at King's College Chapel. He called Iran's death sentence ruling on him a straightforward terrorist threat.
        Reuter  -  40 words
      • Article
        Lock icon Bonn sees drug threat in new EC rules
        98 7 Reuter BONN New European Community banana import rules would boost cocaine exports from Latin America, the German government's top anti-drugs official said in an interview published yesterday. Eduard Lintner, a state secretary in Bonn's Interior Ministry, said a move to raise duties
        Reuter  -  98 words
      • Article
        Lock icon Conference on stemming migrant flow
        71 7 Reuter BUDAPEST Ministers from 35 European countries started a two-day conference in Hungary yesterday to agree on joint measures on stemming the flow of illegal migrants through Eastern Europe to the West. Hungarian Interior Minister Peter Boross, in opening remarks, said a common strategy was
        Reuter  -  71 words
  • Page 7 Advertisements
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      149 7 i l I I X ill I |j6 Factoring Improved Cash Flow m For a company to grow, you need Factors, your business could gain care of on your behalf. Hr funds as well as imagination. a fresh impetus for growth. Like Today, we are Singapore's largest H| Especially if
      149 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Major may bypass parliament over Maastricht, say reports
      404 8 Opposition angry over talk that treaty may be ratified without nod of House KnightRidder LONDON British opposition lawmakers reacted angrily today to reports that the government may use special powers to ignore parliament and press ahead with the ratification of the Maastricht
      Knight- Ridder  -  404 words
    • Article
      Lock icon UN report argues against legalising soft drugs to fight abuse and trafficking
      549 8 Reuter VIENNA The world faces an uphill battle against drug abuse and trafficking but calls to legalise so-called "soft" drugs are not the answer, the International Narcotics Control Board said yesterday. "The drug abuse and trafficking situation, which
      Reuter  -  549 words
    • Article
      Lock icon UK economy expected to grow by 1.4pc this year
      581 8 Bloomberg Business News LONDON The UK economy, currently bottoming out after the longest recession since World War 11, will grow 1.4 per cent this year and expand a further 3.1 percent in 1994, the London Business School said in a report.
      Bloomberg Business News  -  581 words
    • Article, Illustration
      Watch it, boy — this is no kid's stuff
      60 8 Watch it, boy this is no kid's stuff MOGADISHU, Somalia A US Marine warning a Somali youth after seizing the 15-year-old boy's pistol near Mogadishu's 'green line' on Sunday. Under rules drawn by the 23-nation force deployed in Somalia to end looting of food aid, no one is allowed to
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    • Article
      Lock icon Lawyer elected president of Cyprus by a whisker
      485 8 Reuter NICOSIA, Cyprus Veteran conservative Glafcos Clerides scored a surprise presidential election win on Sunday, signalling a tougher line on a United Nations plan to end the division of the island. It was third time lucky for Mr Clerides, 73, who had
      Reuter  -  485 words
    • Article
      Lock icon Regional trade pacts help fuel Latin American economies
      360 8 NYT CARACAS After years of nationalistic trade protection, Latin America is finding that regional trade agreements can provide an enormous spur to its economies. Not only are the accords increasing trade within Latin America, but they drop tariffs for overseas trade as
      NYT  -  360 words
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      384 8 Fee Management The total fee is 5545,000 payable three and Brunei The University of West KWtlk¥i M Ikll M liaise directly with the Standard London, invite applications for the U|J KJ Chartered Bank or DBS for their study I Briefing Session The DBA programme conducted A briefing session will be
      384 words
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      138 8 AVANT-GARDE Training Associates I I 111 North Bridge Road #07-26 Peninsula Plaza Singapore 0617 Tel: *****33 Fax: *****64 Extracts from written references received from in-company clients: ■"Judging from the feedbacks, the seminars were a tremendous success." ...J P Wong, Financial Controller, METHOOE ELECTRONICS FAR EAST PTE LTD ■"courses were very
      138 words
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  • COMPANIES & MARKETS
    • Article
      CDL Hotels in tie-up with world's largest lodging franchisor
      364 9  -  Deal will give CityDev unit right to use the Choice name in the region By Sylvia Wong SINGAPORE CDL Hotels International, a subsidiary of City Developments, has sealed a master franchise agreement with US company Choice Hotels International Inc. It will
      364 words
    • Article, Illustration
      Instant beverage producer plans Sesdaq listing by mid-1994
      404 9  -  By Teh Hooi Ling SINGAPORE Super Coffeemix Manufacturing, producer of the three-in-one Super Coflfeemix, plans to get a listing on Sesdaq by mid-1994, chairman and managing director David Teo told Business Times last week. The company, which is said to have 60
      404 words
    • Article
      Lock icon RAM gives Taiping Con issue A3 rating
      226 9 Bernama KUALA LUMPUR Rating Agency Malaysia Bhd (RAM) today said yesterday that it had given a long-term A3 rating to property and hotel developer Taiping Consolidated Bhd's proposed issue of MS 138.333 million mortgage bonds. In a statement RAM said the A3 rating
      Bernama  -  226 words
    • Article, Illustration
      Lock icon Backdoor listings give KLSE investors huge profit opportunities
      832 9  -  By Amy Balan SINGAPORE Small fish swallows big fish and becomes giant fish overnight. Impossible? Not in the corporate world where the process is known as a backdoor listing. For investors, a backdoor listing provides an opportunity to invest in the exciting
      HOCK LOCK SIEW  -  832 words
    • Article
      Swens Asia-Pacific to raise $4m for expansion
      244 9  -  By Lilian Ang SINGAPORE Listed Swens Asia-Pacific is tapping the market for 54.08 million to finance the setting up of three new restaurants and construction of a corporate headquarters, centralised factory and warehouse. The Sesdaq company, which holds the franchise for Swensen's ice-cream
      244 words
    • Article
      Earnings of competing teams down to $1.023m in January
      260 9  -  DBS CHARITY By Quak Hiang Whai SINGAPORE The DBS Charity Investment Race went slightly downhill last month. The total earnings of participants fell to $1,023 million from $1.14 million in the previous month. All profits from the race will go to
      260 words
    • Article
      Eu Yan Sang revamps KL unit's shareholding
      149 9 SINGAPORE Eu Van Sang Holdings (EYS) yesterday said that it had restructured the shareholding of its wholly* owned Malaysian subsidiary. Corpus Five, to comply with Malaysian regulations. The company said it raised the paid-up capital of propertybased Corpus Five from M 5250,000 to
      149 words
    • Article, Illustration
      Lock icon SUMMARY
      297 9 Source: Bridge Info Performance of STO's index stocks Feb 15 Last SCMC Mrs Stocfc sale (S> factor i s Avimo 1 910 0.010 1 63 2.74 car 7200 0.100 6 IS 27.40 Cerebos 4980 -0.020 4.26 -548 FAN II 400 0100 9.74 27.40 GF Asia 3.140 0060 2.68 16.44
      Source: Bridge Info  -  297 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Pan Pacific Pub sells Linguapac
          89 10 SINGAPORE Pan Pacific Publications Ltd said it has agreed to sell its 51 per cent stake in Linguapac Distributors Pte Ltd to Linguaphone Institute Ltd. A provisional $127,755 has been paid, with the balance to be settled when Linguapac's net tangible asset at 1992 is
          89 words
        • Article
          UMB to advise Alliance Technology
          60 10 SINGAPORE Alliance Technology and Development Ltd appointed United Merchant Bank (UMB) to advise its board of directors on Chang Ching Chuan's takeover. Mr Chang last Friday announced his intention to buy all the Alliance Technology shares that he does not already own at $1 each.
          60 words
        • Article
          Lock icon Diversified Resources in the black
          88 10 MBT KUALA LUMPUR Diversified Resources has announced a group pre-tax profit of Ms6.B million (554.25 million) for the half-year ended Sep 30, 1992 on a turnover of M 561.07 million. After-tax profit amounted to M 53.98 million. Profit attributable to members of the group after
          MBT  -  88 words
        • Article
          Lock icon Top Form, Mun Loong in China pact
          86 10 Bloomberg HONGKONG Women's underwear maker and retailer Top Form International said over the weekend that it has signed an agreement with a Chinese company to build a department store and commercial complex in Shanghai. Top Form said it will operate the upmarket department
          Bloomberg  -  86 words
      • Article
        Lock icon Sungei Way confident of clinching major deals
        478 10 Group profit jumps 95pc to Ms3om MBT KUALA LUMPUR Sungei Way Holdings (SWH), which has tendered for infrastructural and construction projects worth more than Msl billion (***** million), expects to clinch some "major deals" by year-end. Deputy group managing director Chew Chee Kin
        MBT  -  478 words
      • Article
        Lock icon BLeisure's offer for FEA Culs unprecedented
        448 10 MBT KUALA LUMPUR Berjaya Leisure (BLeisure)'s proposed general offer for Far East Asset (FEA) shares and convertible unsecured loan stocks (Culs) marks the first occasion of a general offer for a convertible instrument. In an announcement last Thursday, BLeisure proposed to acquire an additional
        MBT  -  448 words
      • Article
        Lock icon Road Builder (M) Hldgs geared for major projects
        230 10 MBT KUALA LUMPUR Soon-to-be listed Road Builder (M) Holdings (RBH) is in a good position to participate in some of the upcoming major infrastructure! projects, said TA Securities. Through its subsidiary and associated companies. RBH is now mainly engaged in con-struction-related activities
        MBT  -  230 words
      • Article
        Jakarta bourse breaks 300 mark after 3 months
        477 10  -  From Maggie Ford in JAKARTA THE Jakarta Composite Index has broken the 300 mark for the first time in three months, putting on 11 per cent over the past two weeks. Sentiment has improved following the announcement of new rules to protect
        477 words
      • Article, Illustration
        Lock icon YTL back in the good books of eager investors
        566 10 MARKET WATCH Two power projects boost demand for shares Reuter KUALA LUMPUR Investors appear to have forgiven Malaysian builder YTL Corp Bhd for an aborted bid to inject assets of its controlling shareholder and are snapping up its shares, encouraged by
        Reuter; Source: Bridge Info  -  566 words
      • COMPANY BRIEFS
        • Article
          Lock icon Steel union to resume talks with Ispat
          70 12 Reuter PITTSBURGH The United Steelworkers of America has said negotiations will resume this week with the Ispat Group, the Indonesian conglomerate that says it plans to re-open the former bar, rod and wire division of Bethlehem Steel Corp. The union said last Sunday
          Reuter  -  70 words
        • Article
          Lock icon Thai firm to build gas-fired power plant
          72 12 Knight-Ridder BANGKOK Bang Pakong Industrial Park 2 Co Ltd plans to build a 7.5-billion-baht (*****.5 million), gas-fired power plant at its Chon Buri industrial estate, 60 km south-east of Bangkok. The 300,00-400,000 kilovoltampere plant would provide electricity for factories in the estate, a
          Knight-Ridder  -  72 words
        • Article
          Lock icon HK mould maker to make public offer
          59 12 Bloomberg Business News HONGKONG Metal mould manufacturer Lung Kee (Bermuda) Holdings is making an initial public offer of 50 million shares at HKSI.2I each to raise HK$53 million (S$ 11 million) after expenses, the company said yesterday. The shares are being offered at
          Bloomberg Business News  -  59 words
        • Article
          Lock icon Digitel gets Philippine phone contract
          67 12 Reuter MANILA The Philippine government has awarded to Digital Telecommunications Philippines Inc (Digitel) a contract to set up telephone facilities in northern and southern Luzon, a senior government official said yesterday. Transportation and Communications Secretary Jesus Garcia said granting the project to Digitel was a
          Reuter  -  67 words
      • Article
        Ramos defends Telecom-Ayala joint venture
        405 12  -  From Al Labita in MANILA PHILIPPINE President Fidel Ramos yesterday defended a joint venture between Singapore Telecom International (STI) and the Ayala group against criticism that it favoured only big business and contradicted his policy to dismantle the monopoly in the telecommunications industry. Mr Ramos
        405 words
      • Article
        Lock icon Thai bourse suspends trading in First City amid rescue talks
        482 12 Reuter BANGKOK The Thai stock exchange yesterday suspended First City Investment Co Ltd while investors waited for the result of talks with Thailand's biggest bank which may come to the finance company's rescue. Bangkok Bank said last week it tentatively
        Reuter  -  482 words
      • Article
        Lock icon Tosoh Corp delays new ethylene plant
        187 12 Reuter TOKYO Tosoh Corp said it has decided to delay construction of a planned ethylene plant by one year to spring 1996 due to slack ethylene demand. The delay came as there are no signs of a recovery in demand for ethylene, a primary
        Reuter  -  187 words
      • Article
        Stock Exchange of Thailand tightens disclosure rules
        378 12 BANGKOK The Stock Exchange of Thailand has taken further steps to improve information disclosure among related listed companies to help protect small-time investors, according to The Nation. After a board meeting last Friday, the SET issued a regulation requiring listed companies to disclose
        378 words
      • Article
        Kim Eng completes HK$142.6m placement
        223 12 SINGAPORE Local stockbroker Kim Eng Securities has completed a HK5142.6 million (5530.4 million) private placement for Hongkong-based UDL Holdings Ltd with institutional and private investors in New York, London and Hongkong. The placement involved 92 million shares of 10 Hongkong cents each at HK$l.55 per
        223 words
      • Article
        Lock icon Dasa expects to seal Fokker deal soon
        605 13 German aerospace group confident outstanding issues will be settled Reuter MUNICH Deutsche Aerospace AG (Dasa) planned to send a letter to the Dutch government that should seal the acquisition of Dutch aircraft maker Fokker NV by the German aerospace group. Dasa spokesman Detmar
        Reuter  -  605 words
      • Article, Illustration
        Lock icon Don't it make my brown eyes grey-blue
        75 13 Reuter TOKYO A product demonstrator pressing on the miniature batteries on the world's first electric sunglasses, which change colour at the surge of a tiny electric current. Nikon Corp developed the electronic device, which turns from clear to grey-blue in about nine seconds,
        Reuter  -  75 words
      • Article
        Lock icon Pre-election glow may send Aussie stocks to new high
        451 13 Reuter MELBOURNE The Australian share market is basking in a pre-election glow that could propel it towards its post-crash high this year if a flood of new issues can be absorbed, dealers and analysts said. The All Ordinaries Index, which has
        Reuter  -  451 words
      • Article
        Lock icon Telecom NZ expects flat profits, staff to be cut
        450 13 Reuter WELLINGTON New Zealand's largest public company, Telecom Corp of New Zealand Ltd, is expected today to announce flat third-quarter profits accompanied by a sizable reduction in staff numbers. The former state utility, now controlled by "Baby Bells" Ameritech and Bell
        Reuter  -  450 words
      • Article
        Lock icon Sony, Matsushita to cooperate on future digital VCRs
        266 13 Reuter TOKYO Sony Corp and Matsushita Electric Industrial plan a common standard for future digital videocassette recorders (VCRs), to avoid repeating a video battle they had a decade ago, company spokesmen said yesterday. The electronics giants want to pool development costs and
        Reuter  -  266 words
      • Article
        Lock icon France's CGIP may raise stake in CarnaudMetalbox
        282 13 Reuter PARIS French holding company CGIP has said it will study how it can increase its 25.3 per cent stake in CarnaudMetalbox. CGIP said in a statement yesterday that "it is going to examine in what conditions, after consulting with market authorities, it
        Reuter  -  282 words
      • Article
        Lock icon Kleinwort expected to show small profit gain
        324 13 Reuter LONDON Kleinwort Benson Group pic is expected to show a small boost in full-year profits on Thursday but concern still surrounds what analysts consider an inadequate return on capital. The merchant bank is forecast to report pre-tax profits of up to £35
        Reuter  -  324 words
    • FINANCE
      • Article, Illustration
        Local and foreign banks to lend US$240m to S'pore chip-maker
        358 14  -  By Magdalene Ng SINGAPORE A group of local and international banks have agreed to lend US$24O million (*****.6 million) to chip-maker Tech Semiconductor Singapore Pte Ltd. The loan will finance Tech Semiconductor's construction and operation of a wafer fabrication plant
        358 words
      • Article
        Lock icon Bank Negara launches M$1b maiden savings bond issue
        249 14 AFP KUALA LUMPUR Malaysia's central bank yesterday issued savings bonds for the first time with a launch worth Msl billion (***** million), officials said. Finance Minister Anwar Ibrahim said the issue is aimed at promoting savings to control inflation and sustain investment
        AFP .  -  249 words
      • Article
        Lock icon Manila to tap Eurobond market further
        154 14 AFP MANILA The Philippines will tap the Eurobond market further after a successful maiden offering last week, with state-controlled banks and corporations scheduled to follow suit, officials said yesterday. "The appetite for Philippine papers now is very strong," Finance Secretary Ramon del Rosario said
        AFP  -  154 words
      • Article
        Lock icon Taiwan set to open its doors to Japan's broking firms
        317 14 Bloomberg Business News TAIPEI Just days after approving the first branch licence for a Japanese bank in more than 30 years, Taiwan is poised to open its doors to Japanese securities companies by the end of this month. The Securities
        Bloomberg Business News  -  317 words
      • Article
        Lock icon Bank of Japan urges banks to write off bad loans
        303 14 AFP TOKYO The Bank of Japan is urging the country's troubled banks to follow the lead of Sumitomo Bank Ltd in writing off bad loans, a senior central bank official said yesterday. Sumitomo's announcement last month that it would write
        AFP  -  303 words
      • Article
        Lock icon Further training urged for M'sian life insurance agents
        200 14 Bernama KUALA LUMPUR The life insurance industry needs to further equip its agents with the right type of knowledge and professional skills to harness the potential opportunities created by Malaysia's expanding economy, Bank Negara Malaysia deputy governor Dr Lin See Yan said
        Bernama  -  200 words
      • SMALL CHANGE
        • Article
          Ornasteel raising M$160m for mill
          71 14 SINGAPORE Ornasteel Enterprise Corporation (M) Sdn Bhd is raising MS 160 million (Ss99 million) through a bank guaranteed credit facility to finance the construction of its proposed steel mill. The mill is in Air Keroh in Malacca. Part of the proceeds from the seven-year loan
          71 words
        • Article
          Lock icon NY office for Taiwan's Central Bank
          58 14 AFP TAIPEI Taiwan's Central Bank will open a representative office in New York in April, the semi-official Central News Agency (CNA) reported yesterday. Central Bank Governor Samuel Shieh and Ding Mou-shih, Taiwan's representative of the Coordination Council for North American Affairs in the US,
          AFP  -  58 words
        • Article
          Lock icon Italian export credit for Beijing
          96 14 Reuter HONGKONG The People's Construction Bank of China has signed a U5531.86 million (5552.2 million) 14-year Italian export credit facility in Beijing, arranger Credito Italiano, Hongkong Branch said yesterday. The loan carries fixed annual interest of 6.96 per cent and a 95 per cent insurance
          Reuter  -  96 words
        • Article
          Lock icon Thai Airways' US$89m Japan loan
          76 14 Reuter BANGKOK Thai Airways International Ltd said yesterday it has secured an US$B9 million (S$ 145.9 million), 10-year loan from a Japanese bank to finance its acquisition of an Airbus Industrie A-300-600 aircraft. A Thai Airways executive said the loan, being disbursed in mid-March, will
          Reuter  -  76 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon China to issue first foreign currency bonds to citizens
        281 15 AP BEIJING China is planning to issue its first foreign-curren-cy bonds for Chinese citizens in an effort to soak up some of the estimated US$lO billion (5516.5 billion) in hard currency currently in private hands, an official newspaper reported on Sunday.
        AP  -  281 words
      • Article
        Lock icon Full currency convertibility a long-term aim
        280 15 Reuter BEIJING Free convertibility of China's renminbi currency is a long term objective and will happen only in stages, a senior official was quoted as saying over the weekend. "This is a gradual process," Yin Jieyan, director of the State Administration of Exchange control,
        Reuter  -  280 words
      • Article, Illustration
        Lock icon PNG govt hopeful of settling Porgera gold mine dispute with partners
        521 15 Reuter SYDNEY The Papua New Guinea government said it was hopeful the dispute with its joint venture partners over ownership of the giant Porgera gold mine might be settled by the end of the week. Mining and Petroleum Minister
        Reuter  -  521 words
      • Article
        Lock icon M'sia may offer easy credits to push its palm oil business
        168 15 Knight-Ridder KUALA LUMPUR Malaysia may extend easy credits to smaller developing nations to help its palm oil business penetrate new markets, a Malaysian official said on Sunday. Sudan, Bangladesh. Tanzania and central Asian states in the Commonwealth of Independent
        Knight-Ridder  -  168 words
      • Article
        Futures drop as Opec struggles to agree
        407 15 Btoofnborg ENERGY RETORT LONDON Opec ministers were attending last minute bilateral sessions yesterday in Vienna to put together a settlement on setting spring oil production levels, after Kuwait appeared to give in to demands from Saudi Arabia to accept cuts. Delegates said the
        407 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        139 15 A RELATIVELY uneventful day was seen in the US$/S$ market yesterday. The US$/SS was capped at 1.6505 despite higher dollars across the board against other currencies. Corporate selling interest above the 1.6500 level provided strong resistance. Traders were mostly sidelined. The USS/ringgit was taken to
        139 words
      • Article
        Lock icon London
        288 15 Reuter LONDON The dollar was dozing quietly at 1.66 marks in late European trade after spending the entire holiday-hit session swinging gently in a half pfennig range yesterday. "It's been a dead loss," was how one US bank dealer described the day. "With the US off and not an
        Reuter  -  288 words
      • Article, Illustration
        Untitled
        1392 15 I rade-HrtghinJ index calculated again\i Spore s lop 14 trading partners Base year 19».< US$/S$ forward rates Noon Feb 11 ss ■M Offer 1-month 1.6413 1.6491 2-month 1.6472 1 64(7 3-month 1.6462 1.6477 6-month 1.6430 1 64)0 Sourer OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at ltaai yttMir Singapore
        1,392 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end unchanged, Nikkei firms
        1457 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures finished mostly unchanged yesterday against Chicago's close in thin activity aided by light buying from European investors. Strong US Treasuries and expectations for a moderate deficit-cutting plan from President Bill Clinton when he addresses Congress tomorrow
        Reuter  -  1,457 words
      • Article
        KL tin price eases two sen on lack of buying demand
        1013 16 COMMODITIES REPORT TUi THE price of tin eased two sen to close at M 514.96 per kg on the Kuala Lumpur Tin Market on lack of buying demand yesterday. Dealers said there were higher offerings in the market which
        1,013 words
    • Article
      COMMODITY PRICES
      1673 16 Rubber Feb 15 HAS Cmmm dtty txdiai (Ml im dasi nig as at 1pm) MS (physical prtoat) IBS 1 Contract Month High Feb 93 Mar 93 145.75 Apr 149 00 May 150.30 Jun 152.00 Jul/Sep 153.75 Oct/Dcc 0.00 Jan/Mar 156.75 RSS 3 Contract Month High Feb 93 Mar
      1,673 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1128 17 -7.0 A LATE rally yesterday lifted the share market off sharp lows to a slightly weaker close after a spate of company results. Foster's. Placer Pacific, Wesfarmers, Stanilite and Charles Davis all reported rises in half-year profits, which brokers saw as favourable for the market. "But we expected the
        1,128 words
      • Article
        Manila
        569 17 1.44 Stocks closed higher with oil the most active sector, although volume fell from Friday's frenetic pace. The Manila Index advanced 1.44 to 1.406.09. Gainers outpaced losers 32 to 18 on the Manila exchange. Brokers said heavyweight investors. who had been watching the market in recent weeks, began to
        569 words
      • Article
        Taipei
        587 17 13.31 Stocks ended slightly up in hectic. volatile trade. Profit-taking was heavy after recent big gains but people remained bullish after Provincial Governor Lien Chan's nomination as premier last week. Buyers, after focusing on Financials late last week, switched their attention to the cement sector. The Weighted Index, which
        587 words
      • Article
        Seoul
        395 17 +0.19 The stock market closed a shade firmer as institutional investor support prevented early mild selling of large-capitalised shares dragging the index into negative territory, brokers said. Brokers said the lacklustre trend would continue for the time being in the absence of market-moving impetus. The Composite Index ended 0.19
        395 words
      • Article
        New Zealand
        313 17 -14.93 Profit-taking in Fletcher Challenge led the market to a lower close. Sentiment was not helped by Wall Street's 30.26-point fall on Friday and the US holiday yesterday. The NZSE-40 Index closed 14.93 down at 1.572.7. Brokers said the market's direction will hinge on a raft of corporate
        313 words
      • Article
        Bombay
        70 17 -99.32 Stocks fell in all Indian markets and declines are expected for the next few days, traders said. Brokers attribute this to several factors. The first is expectations that coal prices and railway freight charges might be increased, which would boost costs for manufacturers. Another reason is that liquidity
        70 words
    • WORLD STOCK MARKETS
      • Article
        London
        708 17 +2.9 Shares were mostly a touch firmer at the close after a lacklustre session yesterday, with investors sidelined ahead of a wealth of economic indicators and corporate results due this week, analysts said. Trading was also subdued by a holiday in the US for Presidents' Day. The FTSE 100
        708 words
      • Article
        Paris
        155 17 -12.48 The Paris bourse's CAC-40 Index drifted oft' to finish a smidgen below 1.900 points yesterday, but traders played down the decline, saying the shutdown of Wall Street and school holidays in France robbed the market of volume. The CAC-40 ended down 12.48 points, or 0.65 per cent, at
        155 words
      • Article
        Stockholm
        121 17 +0.21pc Swedish shares closed mixed after profit-taking eroded earlier gains yesterday. Smaller companies, especially those involved in construction. rose again on continued buying interest from investors. The all-share index climbed 0.21 per cent to 978.25. Shares for 1.12 billion crowns changed hands during the day. The construction and property
        121 words
      • Article
        Frankfurt
        236 17 +3.28 German shares closed near their highest levels of the day on moderate buying as the prevailing outlook for lower interest rates continued to support stocks yesterday. The 30-share DAX index shares closed 3.28 points higher at 1,664.71, marginally below its intraday high of 1.664.93. "The futures are holding
        236 words
      • Article
        Milan
        177 17 1.66pc Profit-taking on the last day of the February trading account took blue chips off highs in a session dominated by Fiat yesterday. Dealers said the market overall was now likely to stay in a tight range with only limited upside scope because of poor fundamentals. The MIB all-share
        177 words
      • Article
        Amsterdam
        275 17 +0.24 Dutch shares were firmer when technical problems caused trade to come to an early halt at around 14(H) GMT yesterday. A steady trend of shares in London and expectations of an imminent deal between the Dutch state and Dasa over Fokker supported sentiment. dealers said. But volume was
        275 words
      • Article
        Zurich
        265 17 +3.2 Swiss shares closed slightly higher yesterday, led by mostly firmer industrials and some strong insurers. However, trading was listless and volume thin, dealers said. The all-share SPI rose 3.2 points at 1.301.1. Slightly firmer money market rates initially dampened sentiment, but there was never any real selling pressure.
        265 words
      • Article
        Johannesburg
        317 17 -22 South African shares finished slightly lower on the day amid a general lack of institutional interest yesterday. "There is not much excitement this end. especially with the US closed today." a senior dealer said. The JSE Industrial Index shed 22 points to 4.550. The gold index lost three
        317 words
      • Article
        Toronto
        292 17 -1.91 Toronto stocks were fractionally lower in quite early trade yesterday as the Presidents' Day holiday in the US kept markets in limbo. Traders said North American markets are virtually on hold until tomorrow when President Bill Clinton delivers his first State of the Union address. "If investors like
        292 words
      • Article
        Untitled
        1406 17 Britannia Funds Sterling Cash Bid Offer Mim C ap [)rp.A,l M MOO M 3700 Mim Jef*> Gill "0 I8?«* *0 197» M.m Mu Income -.1.0100 I 0500 I S$ Cash Income Phn Fund *9 11 00 *10 2900 PS Reserve Fund S.I900 5 MOO Sterling kqait) Euro Performance 0 4613
        1,406 words
    • Article, Illustration
      Lock icon HONGKONG
      2452 18 Reuter THE Hang Seng Index yesterday soared 191.29 points, or 3.27 per cent, to close at 6,049.44, its first time above the psychological barrier of 6,000 since last November, on a wave of optimism about Hongkong's political future. Brokers said overseas institutions snapped up shares as renewed hopes that
      Reuter; Source: Bridge Info  -  2,452 words
    • Article, Illustration
      CHINA
      447 18 HONGKONG Shanghai slocks yesterday continued their rebound from late last week, while the Shenzhen bourse slipped lower in very thin trade for foreign-held shares, brokers said. The index for Shanghai B shares reserved for foreigners jumped 3 per cent on reasonable turnover of U553.99 million, up from last Friday's
      447 words
    • Article, Illustration
      Lock icon TOKYO
      2532 18 Reuter STOCKS ended firmer in thin trade on short-covering in the late session, with the Nikkei Average finishing comfortably above 17,000. Uncertainties in currency rates kept most investors on the sidelines, but public pension fund buying supported the market, brokers said. "Public funds were coming in constantly to buy
      Reuter; Source: Bridge Info  -  2,532 words
    • Article, Illustration
      Lock icon BANGKOK
      1572 18 AFP The SET Index broke through the 1,000-point barrier yesterday but fell back on profittaking to close 0.03 of a point down at 998.33 points, brokers said. A total of 88.8 million shares worth 7.2 billion baht changed hands during the day. The SET index broke the 1,000-point mark
      AFP; Source: Bridge Info  -  1,572 words
    • Article, Illustration
      Lock icon JAKARTA
      805 18 Reuter ASTRA International topped the actives list in a fairly dull market with many of the most heavily traded shares moving down, brokers said. Some blamed the US holiday for dampening interest. The official index ended 1.24 points higher at 301.78. Astra closed sharply higher at 10.525 rupiah. a
      Reuter; Source: Bridge Info  -  805 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2396 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Mctropk-x 50c 11.700,000 Tech Resources 6.377.000 Kcnong Bhd 50c 5.433.000 PnxM 4.293.000 Multi-Purpose 3,147.000 Sel Properties 3.041.000 Mulpha Inil 50c 1.674.000 kamunting H)c 1.589,000 Idns H>d 50c 1.211.000 Asia Pac Ld 50c 1.165.000 Uniphoeni* 909.000 Sime Dart>> 50c 751.000
      Source: Bridge Info  -  2,396 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Economic figures prompt profit-taking
        4866 19 Bernama KUALA LUMPUR Lower third quarter 1992 economic growth figures saw investors taking profits to lead share prices here to a mixed close yesterday. Dealers said prices were fluctuating within narrow margins in the moming session before coming under some selling pressure in the afternoon when
        Bernama; Source: Bridge Info  -  4,866 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Small, medium sized counters take centre stage
        1063 20  -  By R Sivanithy SINGAPORE Small to medium sized counters from both sides of the Causeway were actively traded yesterday as institutional investors focused on these companies rather than just the traditional blue chips. "Blue chips have always been viewed as recession proof', said
        Source: Bridge Info  -  1,063 words
      • Article, Illustration
        Lock icon Singatronics
        77 20  -  HOT STOCK Quak Hiang Whai ON the daily charts, Singatronics recently broke out of a channel between 60 and 66 cents. But its rise has been capped in a congested area around 71 to 75 cents. With daily RSIs and stochastics slightly in the overbought region, the stock is
        SOURCE: BRIDGE INFO  -  77 words
      • Article
        Untitled
        5789 20 MAW BOARD Or Gr 1992/93 Lot V«l Dai Lot Onto Oh l*» V W N«t M Cm High Low Comrmmy Sair (WO) Hick Low Bwfrr Setter CV P/E Sail INDUSTRIAL AND COMMERCIAL 290 170 Acma 290 +6 761 290 273 289 290 12.2 2.1 4.2 16.8 179.0 210 210 s
        5,789 words
  • Page 9 Advertisements
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      345 words
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      469 10 THE BERKELEY MANAGEMENT I UNIVERSITY OF CALIFORNIA DEVELOPMENT PROGRAMS P. E ,RKELEY I Now in its sixth year, our Management Development Programs have succeeded in providing quality I management education to participants from more than 200 corporations in Asia. For 1993, three TIMES CONFERENCES programs with a distinctly Asian perspective
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      Page 10 Advertisements Column 2
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      78 words
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      68 10 Switzerland LAKE OF GENEVA AREA for sale Luxury Hotel with Rtstawaib* Partial Shops Pan swimmiai peal Private funds necessary (without mortgage) between 8 and 10 millions of SFr. TOTAL DISCRETION GUARANTED Ask further informations on box 22-5364 to Pubiicitas, me Etraz 4, CH-1002 Lausanne. For further information on which newsstands
      68 words
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      330 11 lAILa |u I. 11l mm mm Jk Sim m OEM No matter where you need to go in WW DO DCatS OUr Qaily Jj E»n£SAS«^,™th«m LuroLlass style. Lvery day we offer service to Copenhagen with convenient WW connections to major business centres throughout Europe, including flights to many east European
      330 words
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      204 12 Only MONEYMAX gets better with Time. 1 H Jp ibk I i B 1. jf H I I I > Promotion ends v 15 March Open a Moneymax account with Time Deposit and you'll get more than I VALUE OF TANGS GlFr VOUCHERS FOR just grat interest. EACH DEPOSIT AMOUNT
      204 words
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      409 13 PROMOTIONAL FIVINI ANNUAL RfPORTS CORPORATE BROCHURES PRODUCT iKAfiCTt a FOR ORIGINALITY, j QUALITY AND A QNnouv nuiii HOMO OF YOUR PRINTED PROMOTIONAL MATERIALS f A From concept to completion CALLTHE SPECIALISTS 227 3138 o z K-K-O'C-H-lI'K-K-S BROCHURES PTE LTD 1 PEARLBANK #01-01 SINGAPORE 0316 I TEL: 227 31 38 FAX:
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      310 14 Spot The Difference Once you've graduated from the Euro-Asia Course in International Management, you receive the Certificate in International Management (CIM), the new business qualification recognised in Asia, a passport to greater things. The course is a six-week tt micro-MBA w at Europe's leading business school, INSEAD. A dozen world-class
      310 words
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      189 15 MANAGING INVESTMENT RISK Using Options, Futures And Other Derivatives. 12 MARCH 1993 SS34O APMC course memberlSs39o non-course member Seminar Speaker: Ronan B. O' Connor, M. Comm., FIA. (Closing Date: 1 March 1993) MAKING WINNING SPEECHES PRESENTATIONS 15 -16 APRIL 1993 SSS4O APMC course memberlSs6oo non-course member Seminar Speaker Dick Tien
      189 words
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      298 16 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. 8.V.1 n ISLE OF MAN BAHAMAS JERSEY BELIZE O LIBERIA COOK ISLANDS O MADEIRA 3 DELAWARE O MAURITIUS GIBRALTAR
      298 words
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      Page 16 Advertisements Column 2
      19 16 As and when the latest London/Rotterdam prices are not available, the previous trading day's closing figures are carried instead
      19 words
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      24 17 THE ASIAN CONGLOMERATES They are non-Japanese. And they include Pertamina. Acer. Keppel. San Miguel. Samsur|g. Siam Cement and many others. In REGIONAL ANALYSIS tomorrow
      24 words
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      25 18 Johnston Murphy® ma A heritage of excellence since 1850 Isetan Havelock I set an Orchard Robinson Gaieties Lafayette Kuala Lumpur: Isetan Jakarta: SOGO Dept. Store
      25 words
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      31 19 IMMHHffIB WMi over 170 million cards honoured at overlO million establishments, MasteiCord puts the whole woHd in your hands. And it gives you easy access to cash at 300,000 bank branches
      31 words
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      86 20 BlancpaiN Since 1735 there has NEVER BEEN A QUARTZ BIANCPAIN WATCH And there never will be. Singapore THE HOUR CLASS l ucky PWa Tel 7UJ42<VI Scatts Tel 21V>527/7I«W Centrepuint Tel 7MIVM/MH Peninsula Plaza Tel H7mcW/i»Vi6t World Trade Centre Tel *****07 Palais Renaissance Tel 7 M1262A41 Rallies Tel 1M1241 Changi Airport
      86 words
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  • SPORTS
    • Article, Illustration
      Lock icon Kite sets record with flawless play
      884 21 Bob Hope Chrysler Classic Golf NYT LA QUINTA, California In a clinical display of golf punctuated by a spectacular sand shot and a closing rush of birdie putts, Tom Kite fired a record under-par figure for a PGA Tour event to run away with
      NYT  -  884 words
    • Article, Illustration
      When a shot fails to head home
      55 21 EAST RUTHERFORD, New Jersey Miami Heal guard Harold Miner reacting as he fell over backwards after firing a last second shot trying to beat the New Jersey Nets in regulation time during their NBA game last Sunday. Miner missed the shot and the
      55 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        52 21 Reuter NEW YORK NBA results Sunday; Charlotte Hornets 117 Detroit Pistons 107; Orlando Magic 102 New York Knicks 100 (3-OT); New Jersey Nets 117 Miami Heat 111 (OT). Los Angeles Clippers 96 Portland Trail Blazers 86; Golden State Warriors 114 Washington Bullets 94; Los Angeles Lakers 135 Atlanta Hawks
        Reuter  -  52 words
      • Article, Illustration
        Lock icon Golf
        551 21 Reuter AFP AP 1\ QUINTA. California It-ad-ing scores after the final round of the US$l.l million Bob Hope Classic Sunday (US unless noted): 325 Tom Kite 67 67 64 65 62 331 Rick Fehr 66 66 70 62 67 335 Scott Simpson 71 69 66 63 66 336 Jim
        Reuter; AFP; AP  -  551 words
      • Article, Illustration
        Lock icon Ice hockey
        63 21 Reuter NEW YORK Results of National Hockey League games played Sunday: New Jersey Devils 5 Philadelphia Flyers 2; San Jose Sharks 3 Winnipeg Jets 2; Quebec Nordiques 3 Edmonton Oilers 2 (OT); Buffalo Sabres 7 Pittsburgh Penguins 4; Boston Bruins 3 Tampa Bay Lightning 3; Toronto Maple Leafs
        Reuter  -  63 words
      • Article, Illustration
        Lock icon Motor-rally
        75 21 Reuter DAYTONA, Florida Results of the Daytona 500-mile motor race Sunday (finish, driver, car, laps completed drivers US unless noted): I. Dale Jarrett. Chevrolet. 200. U*****,200 winnings 2. Dale Earnhardt. Cheverolet, 200 3. Geoff Bod inc. Ford. 200 4. Hut Stricklin, Ford. 200 5. Jeff Gordon. Chevrolet. 200 6.
        Reuter  -  75 words
      • Article, Illustration
        Lock icon Rugby
        54 21 Bernama KUALA LUMPUR Results from the weekend's MRU-Cobra Invitational Tens: Quarterfinals: Namibia b Randwick (Aus) 19-15; Army Rugby Club (Fiji) b Spain 31-10; Penguins (Eng) b Old Blues (US) 31-0; Papua New Guinea b Ponsonby (NZ) 20-4. Semifinals: Army RC b Namibia 35-15; Penguins b PNG 20-14. Final: Penguins
        Bernama  -  54 words
      • Article, Illustration
        Lock icon Soccer
        210 21 AFP AFP ROME Sunday's Italian championship results: Ancona 2 Fiorentina I; Atalanta 1 AC Milan I; Foggia 0 AS Roma O, Inter Milan 0 Napoli O. Juventus I Genoa 0; Lazio I Cagliari 2; Parma 2 Torino 2; Pcscara 2 Brescia O. Sampdona 2 Udinese 0. Leading standings (played,
        AFP  -  210 words
      • Article, Illustration
        Lock icon Cricket
        194 21 Reuter MADRAS, India Scoreboard on the fifth and final day of the second test yesterday. India first innings 560 tor six declared (S Tendulkar 165, N Sidhu 106. P Amre 78, Kapil Dev 66 not out. V Kambli 59). England first innings 286 (N Fairbrother 83, A Stewart 74.
        Reuter  -  194 words
      • Article, Illustration
        Lock icon Tennis
        62 21 AP AP CHICAGO Results Sunday of the U*****,000 Virginia Slims tournament (seedings in parentheses). Singles final: Monica Seles (Yug I) b Martina Navratilova (US 2) 3-6. 6-2. 6-1. AP MEMPHIS Results Sunday of the US$7BO,OOO Kroger-St J ode International ATP Tour event (seedings in parentheses) Singles Final: Jim Courier
        AP  -  62 words
    • Article
      Lock icon Mark James wins Tenerife Open by six strokes
      190 21 AP SANTA CRUZ DE TENERIFE. Canary Islands England's Mark James shot a bogey-free six-under-par 66 final round on Sunday to win the £350,000 (*****,500) Tenerife Open by six strokes. After temporarily losing his clubs while in transit to the tournament, James had
      AP  -  190 words
    • Article
      Lock icon Australia showing Asians how to market basketball
      705 21  -  A regional league will be launched in South-east Asia. Reg Gratton on Australia's effort to promote the sport Reg Gratton Reuter SYDNEY Sports-crazy Australia is cashing in on its expertise by showing eager Asian nations how to market and organise their sport on
      Reuter  -  705 words
    • SIDE LINES
      • Article, Illustration
        Lock icon Bobby Moore suffering from cancer
        117 21 AFP LONDON Bobby Moore, captain of England's 1966 World Cup winning football team, with Queen Elizabeth II in this 1966 file photo. Moore disclosed last Sunday that he has cancer. In a statement, Moore, 51. said he had decided to let it be known that
        AFP  -  117 words
      • Article
        Lock icon Hill wins Challenge championship
        94 21 AP NAPLES, Florida Mike Hill, who has found success on the Senior tour, shot a final-round two-under-par 70 last Sunday to win The Challenge championship and U5575,000. Hill finished the three rounds at 14-under 202. Dave Stockton, who shot a six-under-par 66. closed to within two
        AP  -  94 words
      • Article
        Hendry scores another Masters victory
        88 21 LONDON The amazing Stephen Hendry raced to his fifth consecutive Masters triumph here last Sunday when he notched up a 9-5 triumph over Thailand's James Wattana at the Wembley Conference Centre. The Scottish champion, who picked up a cheque for £110.000 for his victory, now
        88 words
      • Article
        Lock icon Indian cricket team dismisses England
        72 21 Reuter MADRAS, India India needed just 36 minutes of the fifth day of the second test yesterday to wrap up its biggest ever victory over England. It beat the tourists by an innings and 22 runs to clinch the three-match series. The remaining test will
        Reuter  -  72 words
  • Page 21 Advertisements
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      448 21 BUSINESS TIMES TOLL-FREE TEL. No. 1 -800-737 0043 FAX:734 3698 INNO-PACIFIC HOLDINGS LTD (Incorporated in Singapore) LOST SHARE CERTIFICATES Certificates no *****6 and *****7 coweong 1.000 shares each in the name of Ng Eng Kuay and no *****6 covering 1,000 shares in the name of Maxwell Alexander Norris have been
      448 words
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      961 22 Nothing Beats A BlItL Bfcjyfl WHERE TO WINE, DINE AND ENTERTAIN OF (everyday and j a little more I on Tuesdays I Bo at your best misbehaviour I this fun puh. Drink a naughty cocktail, join in the sing-a-long j sessions or dance the away. What's more, it's Ladies Ni^ht
      961 words
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      Page 22 Advertisements Column 2
      342 22 ■yw| i^For only $30* per person. Come and taste the diflerence at The Stables! Available every day of the week except Sundays and Public Holidays. Lunch: 12 noon 2.30 pm f<—S For reservations, please call *****51. /J/^KVi 1 //andarw Qj C jifwapcr kfclnfcMrfapnrv «J Orchard Road Sr«aporr 092 V Tct
      342 words
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  • LIFESTYLE
    • Article
      Lock icon Finally, a movie made in Burkina Faso
      537 23  -  Larry Thorson on African director Idrissa Quedraogo's new film. Samba Traore, which was well-received at the Berlin Film Festival Larry Thorson AP AMONG the barriers to making a movie in Africa, says director Idrissa Ouedraogo, are money, neglect and stereotyping. Then, finally, he's
      AP  -  537 words
    • Article, Illustration
      The merry widows of Collor
      58 23 RIO DE JANEIRO Rio Carnival goers in drag gathering in the streets of Ipanema last Sunday. They were dressed as "widows of Collor", in reference to former Brazilian president Fernando Collor de Mello, who left office last December following the start of impeachment hearings. The
      58 words
    • Article
      Lock icon Curfew forcing Hollywood Palladium to draw its curtains
      306 23 Reuter Acity-imposcd curfcw is forcing the world-fa-mous Hollywood Palladium to shut down after more than half a century of entertainment ranging from Lawrence Wclk to the Rolling Stones, officials said last Sunday. At least 33 shows, including a controversial Valentine's Day concert
      Reuter  -  306 words
    • Article
      Spielberg, Jewish body agree on Auschwitz replica
      467 23 CHATTERBOX STEVEN SPIELBERG and the World Jewish Congress have reached an agreement that will enable the filmmaker to build a replica of the Auschwitz death camp outside its main gates and film his next movie there, representatives of both parties said. "Our concern
      467 words
  • Page 23 Advertisements
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      39 23 The Achiever seeks results in the right nwii and the right company. Classified the people finder. THE STRAITS TIMES THE SUNDAY TIMES BUSINESS TIMES THE NEW PAPER HAN HE ZAOBAO UANHE WANBAO SHINMIN DAILY NEWS RERfTA MARIAN BERTA MJNGGU
      39 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1071 23 TV RADIO EMmSM J '.ll Earthvisions: Little Leviathans, 9.30pm. SBC 12 At a mere three tons, pilot whales are small but powerful. 4 AIn this documentary scientists f A probe the fascinating underwa- jb ter world of these creatures. David Attenborough narrates. Earthvisions: The Carnassiai /v^ Connection, 10.00pm, SBC 12
      1,071 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Indonesia has lots to offer despite uncertainties
      1526 24  -  Investing in Indonesia is fraught with difficulties, but those who take the plunge could be amply rewarded. Amos Koh explains why Amos Koh The writer is a director with Knight Frank Cheong Hock Chye Bail lieu. He is also the national director of
      1,526 words
    • Article, Illustration
      Condominiums are sprouting up at Balmoral Road
      271 24 LONG neglected by developers. the area around Balmoral Road is shaping up fast. There are three developments in various stages of completion in Balmoral Road itself, with two more in nearby Bukit Timah Road. Recently completed and awaiting tenants is the 43apartment condominium
      271 words
    • Article
      Austin Hills dangles $2,000 membership discount
      270 24  -  ATYOUR By Kooi Cho Teng JOHOR BARU's 36-hole Austin Hills Country Club is offering a $2,000 discount to potential members if they sign up before the end of March. In its member-gets-member promotion. Austin Hills is luring those interested with a lucky draw, offering
      270 words
    • Article, Illustration
      Lock icon Downturn? What downturn?
      724 25  -  Sylvia Wong talks to one developer who's definitely upbeat Sylvia Wong IF the property market is going to dip, as some analysts predict, Seah Chong Pok has seen no signs so far. Mr Seah, chairman of property developer and contractor Seah Construction Pte Ltd, says 1992 was
      Photo by Chris Loh  -  724 words
    • Article, Illustration
      Lock icon SQUARING UP
      13 25  -  By Collin Tan Source: Knight Frank Cheong Hock Chye Bailieu Research
      Source: Knight Frank Cheong Hock Chye & Bailieu Research  -  13 words
    • REGIONAL SKYLINE
      • Article
        Lock icon Melbourne office vacancy rate up 2.5pc
        82 25 Australian Financial Review MELBOURNE The office vacancy rate in Melbourne rose 2.5 per cent to hit 26.5 per cent last month, says the Building Owners and Managers Association. This rise means that Melbourne still has the second highest vacancy rate in Australia. In addition,
        Australian Financial Review  -  82 words
      • Article
        Lock icon Bangkok as Indochina's business centre?
        73 25 Bangkok Post BANGKOK The metropolitan area of Bangkok will become the business centre of Indochina within 20 years, says Thailand's National Economic and Social Development Board. To serve an Indochinese population of some 300 million people, Bangkok will expand to cover Saraburi in the north
        Bangkok Post  -  73 words
      • Article
        Lock icon HK firm pumps HK$800m into China
        41 25 South China Morning Post HONGKONG Hongkong-listed Guangdong Investments will invest HK$BOO million in China. The projects are a bridge in Qingyuan and a commercial property and a shopping mall in Guangzhou. South China Morning Post
        South China Morning Post  -  41 words
      • Article
        Lock icon Casino project for New South Wales
        75 25 Australian Financial Review SYDNEY An AsBoo million (*****.7 million) casino will be built on the site of the disused Pyrmont Power station. Tenders for the project will be called in April and the contract will be awarded in December. The casino is expected to
        Australian Financial Review  -  75 words
      • Article
        Lock icon A$200m project for Tasmania
        59 25 Australian Financial Review TASMANIA Construction of a As2o million commercial project will start soon in Tasmania's second largest city, Launceston. A proposal has already been submitted by Hobart-based Stephenson EMF Consultants to develop the largely councilowned site. The project is expected to give a boost to
        Australian Financial Review  -  59 words
      • Article
        Lock icon HK's Excelsior Hotel upgrading
        76 25 South China Morning Post HONGKONG The Excelsior Hotel will spend HKS34 million (557.2 million) on renovations and extension works to attract more business travellers. HK$7 million will be spent on computers and upgrading works, while HKSI6 million will be spent on improvements to fire safety measures.
        South China Morning Post  -  76 words
      • Article
        Lock icon Aussies to build waterfront casino
        55 25 Australian Financial Review MELBOURNE A six-hectare waterfront site on the banks of the Yarra River will be developed into a 150-table casino, the Victorian state government has announced. Site work will start by the end of the year and the project should be completed by
        Australian Financial Review  -  55 words
  • Page 24 Advertisements
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      141 24 PWI| r v'' '^^^rau latf. .•> i ifc< -nw»i»« *m n»*»< iii wi i A l». I' HeWMWIMh mmmmmmm Opening March 1993 For superbly palatable business trips to Kuala Lumpur, the don't you deserve a hotel that works as hard as you do? To mate Swiss Garden Hotel has exquisite
      141 words
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      7 25 The Straits Times Classified Icontents of your
      7 words
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      Page 25 Advertisements Column 2
      186 25 The Number One building on Robinson Road A building with true class and distinction a prestigious address that befits its status located in the dynamic heart of Singapore's prime commercial district ONE ROBINSON ROAD is at the very heart of Hll Singapore's financial and business centre —an II ikwe (pmHflr
      186 words
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  • Article
    Clinton's first test
    470 26 EDITORIAL BILL CLINTON has probably had the shortest honeymoon period of a US president in decades. Barely four weeks in office and the new president is already facing flak over policy initiatives, or the lack of them, that have emanated from the White House. There are grumbles
    470 words
  • WHAT THE OTHERS SAY
    • Article
      Nato's uneasy transition
      263 26 THE NORTH Atlantic Treaty Organisation has not fully sorted out its new role after the Cold War, its raison d'etre, ended a little over a year ago. Among the most troubled about Nato's future is its secretary-gen-eral Manfred Woerner, who has urged member-states to turn the organisation
      263 words
    • Article
      Extending cooperation
      101 26 THOUGH SINGAPORE is far from the Philippines, the two countries are quite close. The presence of Filipino workers in Singapore, particularly those who work as maids here, is another trait of the relationship. But there is more to it. The state visit by President Fidel Ramos marked a
      101 words
    • Article
      SCCCI's new image
      248 26 THE NEW Singapore Chinese Chamber of Commerce and Industry (SCCCI) leadership not only has to create a new image for the organisation but also give it a new lease of life, in order that the younger generation, which had a bilingual education, will not view it as
      248 words
    • Article
      Aids a test for all
      186 26 IN REFUSING to be pressured into providing Aids tests and medical certificates for travellers, simply for the benefit of businessmen hoping to save themselves some time and possibly the unhygienic formality at a border check by the Guangdong authorities, the government has rightly avoided wasting
      186 words
    • Article
      Act before it is too late
      215 26 IT IS TIME to heed the numerous calls for a more coordinated development of the construction industry in Malaysia. The latest, for the urgent setting up of a central national coordinating body to make the industry more competitive and enhance its position to win
      215 words
  • Article, Illustration
    Lock icon A source of Asian anger
    983 26  -  Japan's refusal to acknowledge the suffering of comfort women during World War II is a stumbling block to better relations with the rest of Asia, writes George Hicks George Hicks The writer is an Australian economist who is preparing a book on the comfort women.
    IHT  -  983 words
  • Page 26 Advertisements
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      65 26 St CARGO DOGFIGHT5 t W f V/HiTHER THE OIL INDUSTRY? S NEW TIGERS SPOTLIGHTS: QAF, KELANG CONTAINER %/AII wail yuu afford to ignoresouth*east ASiftf Most were winners last year. But which of the booming bourses should you bet on now? Will the Singapore market hit 1,700? And what stocks should
      65 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      94 26 f DO NOV/ j f CXfVIUT I >-r rvx-v I V— IT 9 y T^^V2St^C9 TDO MUCH Mouj pi*e n(ou Geff»KJG> OKTn —v \weeXfcj4DS\^ T uJGExaeNDs.... V^ ITV| Vt>og. view piprey y r \j u A? 3 c\ JPft IV»P>T.. -XlUSl— Mm— yi- r*e L Ifrf //^f I sPsMe 'GET
      94 words
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  • ANALYSIS
    • Article, Illustration
      The Singapore strategy
      4644 27 Last month, a countiy report on Singapore by US-based investment bank Shearson Lehman Brothers described the Stock Exchange of Singapore as tne most attractive of equity markets that it tracks in the world. We reproduce below extracts of that report THE SINGAPORE stock market seems poised to
      4,644 words
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  • Article
    Lock icon EC ministers want Maastricht Treaty ratified quickly
    530 28 Bid to tackle crisis of confidence among member states Reuter BRUSSELS European Community financc ministers yesterday called for quick ratification of the Maastricht Treaty and closer economic coordination to fight a crisis of confidence caused by low growth and high unemployment. But in
    Reuter  -  530 words
  • Article
    Lock icon Opec seen close to accord on output cuts
    258 28 AFP VIENNA Oil ministers of the Organisation of Petroleum Exporting Countries (Opec) were nearing agreement yesterday on cutting crude oil supplies by at least one million barrels a day (mbd) over the next three to four months, delegation officials said. However, cash-strapped
    AFP  -  258 words
  • Article, Illustration
    Lock icon No-confidence vote sought against Yeltsin
    274 28 AFP, Reuter MOSCOW Parliamentary leader Ruslan Khasbulatov pressed his offensive against President Boris Yeltsin yesterday, calling for a planned referendum on Russia's Constitution to include a noconfidcncc vote against the president himself. Speaking to a meeting of the parliamentary presidium the day Mr Yeltsin left
    AFP,; Reuter  -  274 words
  • Article
    Lock icon Japan will retaliate against US sanctions: Watanabe
    386 28 AFP, Reuter, UPI TOKYO Japan has told the US that it will retaliate if Washington carries out trade sanctions against it, Foreign Minister Michio Watanabe said yesterday. "If (the US side) invokes 'Super 301', Japan should take appropriate counter-measures," he told a session
    AFP,; Reuter,; UPI  -  386 words
  • Article
    First glimpse of Madras-S'pore corridor
    275 28  -  From Salil Tripathi in MADRAS SINGAPOREAN businessmen got their first glimpse of the proposed Madras-Singapore corridor yesterday. Situated 15 km from Meenambakkam airport, the 800-hectare plot of land stands across the sleepy village of Shollinganallur. S Parthasarathy, director of Tamil Nadu Industrial Guidance and Export
    275 words
  • Article, Illustration
    HK politics come full circle as fight for reforms runs out of steam
    893 28  -  The Bottom Line JACKIE SAM JACKIE SAM The writer is a Hongkong-based political consultant who contributed this commentary to BT REPORTS in Hongkong's Chi-nese-language newspapers of impending talks between China and Britain over Hongkong's political future have
    893 words
  • Article
    Management works on buy-out for Leyland plant
    188 28 LONDON The management of the Leyland DAF van plant in Birmingham, central England, said yesterday it was working on a buy-out plan to save the plant and the remaining 1,370 jobs. "We now have a team to put together a management buy-out," managing
    188 words
  • Article
    Lock icon The Sun apologises to queen, offers to donate £200,000 to charity
    389 28 AFP LONDON Britain's The Sun newspaper sued for peace with Queen Elizabeth II yesterday, apologising for breaching an embargo on her traditional Christmas message and offering to donate £200,000 (*****,000) to charity. Lawyers acting for the queen issued proceedings
    AFP  -  389 words
  • Article
    Lock icon Clinton says his plan will create 500,000 jobs in the short run
    360 28 Reuter WASHINGTON US President Bill Clinton said his economic plan would create half a million jobs in the short run and would change the course of the US after 12 years of Republican administration. The White House said
    Reuter  -  360 words
  • Page 28 Advertisements
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      187 28 C Singapore 's most popular Nitsukof^j Telephone System ItPavs To Have The Right Connections HI Network Printer B SERVER Ethernet Cable Terminator Workstation A Workstation B Workstation C MAGNET Office Communication Systems has the Total Solution to all your networking needs. We harness the Wearnes range of Computers with Novell
      187 words
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      8 28 Yeltsin leaves Moscow unexpectedly amid crisis, Pg 7
      8 words
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      Page 28 Advertisements Column 3
      16 28 SINGAPORE COMM CI Distributor of the most sought after Key Telephone System Tel: 278 7088 J
      16 words
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  • Shipping Times
    • Article, Illustration
      Lock icon Tanker casualty rate rises with age: IMO report
      446 29  -  By Ramesh Divyanathan SINGAPORE The casualty rate of tankers from machinery damage, fires and explosions increases with age up to 24 years, although the rate for collisions was relatively constant for all age groups. This link with age was made in an
      Source: Lloyd's Register  -  446 words
    • Article
      Lock icon New ship orders down in final quarter of '92
      372 29 Knight-Ridder LONDON Fewer new ships were ordered worldwide during the final quarter of 1992, with total shipbuilding order book also registering a decline, according to figures published last Sunday by Lloyd's Register. The total world shipbuilding order book stood at 37.3
      Knight-Ridder  -  372 words
    • Article
      Lock icon Suez Canal to be widened, deepened
      212 29 AP ISMAILIA, Egypt The Suez Canal, a main foreign currency earner for Egypt, will be widened and deepened while its officials use marketing tactics such as rebates to increase its income, the canal chairman said last Sunday. Adel Ezzat said the project, scheduled for
      AP  -  212 words
    • Article
      Lock icon Chinese on freighter get aid on Marshall Islands
      219 29 AFP HONOLULU More than 500 Chinese passengers on Sunday left a crippled freighter to receive medical treatment after spending six weeks in the ship's hold in an apparent attempt to enter the United States illegally. The cargo ship East Wood was towed
      AFP  -  219 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      868 29 Page C'ol ABC Containcrlinc 12 1 Accord Group 8 1-3 •APL 5 3-5 Alpha Feeders 6 1 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 Avia Airways 14 4 Bait Orient Line 7 4/5 Bangladesh Shpg 18 5 Bank Line. The
      868 words
    • Article, Illustration
      Keppel repairs ship ahead of time
      120 29 SINGAPORE Keppel Shipyard continued to maintain Singapore's reputation as one or the most efficient repair centres in the world by completing work on a Norwegian ship ahead of schedule. The Hesiod, (above) a 23,869-deadweight tonnage liquid petroleum gas carrier, was repaired ahead of time
      120 words
    • Article, Illustration
      Lock icon A different sort of boat people
      1196 30  -  A lucrative trade in people smuggling, centred in Moscow, has sprung up with the Nordic countries the prime destinations for this new wave of refugees, reports Henry Kamm Henry Kamm NYT Anew kind of "boat people" are landing on the shores of the Nordic
      NYT  -  1,196 words
    • Article
      TRANSPORT DIARY
      1394 30 COURSES 1993 From Feb 18 (8 evenings): Import/Export and Shipping Procedures organised by ELIM Management Services (SDF 50%). For course details and application forms, please call *****70. February 5 (10 eveinings): Cargo handling and shipping course organised by Computor Lord Industrial Training School Centre (SDF 50%). For application
      1,394 words
    • Article
      THE SHIPPING GUIDE
      10994 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      10,994 words
    • Article
      SHIPPING AGENTS
      3391 43 A xm.BC' Containerline NV: Bclsin Shpg Agencies Pie Lid (SVMannc Handling Sdn Bhd (PK/PN). Accord (.roup: Accord Shpg Ptc Ltd (SVAccord Contr Line (PK/PN). Adkm Business Corporation Philippine Calsourec Shpg Trdg Ptc Lid (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albntros Sen-Air Service: Frala Shpg Ptc Ltd
      3,391 words
    • Article
      COURIER SERVICES
      259 43 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air txprcu Travel Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Liak International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Services Tel:
      259 words
    • Article
      AIR FORWARDERS
      1479 43 Abex Express Freight Tel: 542-7171. Fax: *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aeroiink Freight International Tel: 545-8033. Fax: *****05 Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06 Air Express International Tel: 542-7666 Fax: *****74. *****50. Air
      1,479 words
    • Article
      PORT CONDITIONS
      2133 44 ALBANIA Dunes: Seven vessels in port of which 2 discharging general cargo, 1 flour, 1 potatoes, 2 wheat, 1 loading general cargo. ANGOLA Soyo: Kwanda base and Quinfuquena terminal remain occupied by Unita forces. Loading according to programme at Palanca. there is a posssibility that loading will resume
      2,133 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      788 44 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young AFP There is very little report in the second-hand market but as indicated in the earlier reports enquiry for newsbuildings is intensifying there are rumors that Japanese Major NYK. have placed orders with Oshima/Tsuneidshi and Haakodate for five
      The information was contributed by Simpson Spence & Young; AFP  -  788 words
    • Article
      AIR FREIGHT SCHEDULE
      555 44 ARRIVALS DEPARTURES Op H»ghl Type ETA T From Op Flighl Type ETD T To TOOAY today NCA KZ203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 J SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL6I7 B747F 0345 I TYO KAL
      555 words
    • Article
      CRUISE & FERRY SCHEDULES
      381 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Stunt at Vessel ETA LTD Ports of Calls Port Agent Telephone No FEBRUARY 17 17 Fantasy World 1000 1900 Asean Cruise Laun Sons 227-8284 17 17 Deifin Star 1200 1800 Sin-Port Klang Ocean Trade Chartering 299-0366 18 19 Regent Spirit 1000 1800 Cruise
      381 words
    • SHIPS IN PORT
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        AT CONVENTIONAL WHARVES
        448 45 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departwe Jurotlg Port Soon Soon 1 9302 P10 alongside 1602/2300 Btestul Reefer 9302 J7 alongside 1612/1200 Sri Anka 2A/93 P09B alongside 1502/1500 Karunia lays 02/01/98 J1 alongside 16.12/2300 Supercr Gl 03/93 P04 alongside 15.02/1300 Khanh Hoi
        448 words
      • Article
        MALAYSIAN PORTS
        130 45 Kuantan Port h the roads: la; KL Cermin; 1; Crane; 2; Pieroh; 3: Dasa Tip; 4; Nil. P*n oi berth outer ml. Pafcn oi berth inner ml. Mrerai ol berth: ml. MTBE berth: ml. Service jetty: Tong Huat Tunda Eastern Bright. Mooring bouy: nil. Anchorage: Sang Thai Neptune,
        130 words
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        CONTAINER SCHEDULES
        1567 45 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Voy No Containers avaiabie Ship Voy No Contahm avaiabte Wan Ha 203 S038 COO(EST) *****3 1500 Unt Chart 4-005E 14.02 93 0715 Elbe Star 923 COO(EST) 15.02.93 1500 Ming Comfort 580 14.02.93 0735 Manna Mas 9348NB COO(EST) 15.02.93 1500 Marion
        1,567 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        DHL embarks on four-year US$1.25b investment plan
        590 48  -  By Juliette Walker SINGAPORE Air express firm DHL International has launched a four-year, USSI.2S billion (552.05 billion) capital spending programme and will channel a "reasonable amount" of this into its Singapore hub. Just how large a share Singapore or South-cast Asia will attract,
        590 words
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        Lock icon Thai transport chief maps new strategy
        561 48 Plan calls for increased sales to reduce losses and increase profits The Nation BANGKOK The Express Transport Organisation's (ETO) new director plans to increase the total sales volume of the loss making state agency to 1.9 billion baht (S$ 123 million) this year, while
        The Nation  -  561 words
      • Article
        Lock icon GM forgoes publicity drive after apology
        467 48 NYT NEW YORK General Motors says it has no plans for either an advertising campaign or a public relations effort to address either the apology made to it by NBC News for broadcasting a rigged crash test of GM pickup trucks or the broader
        NYT  -  467 words
      • Article
        Lock icon McDonnell looking for equity partners
        431 48 Reuter LONG BLACH. California McDonnell Douglas is looking for partners in its commercial airline business to help reclaim its No 2 industry position from the European consortium Airbus Industrie. "We need new planes to become No 2 and we need partners to get new aircraft."
        Reuter  -  431 words
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        Lock icon Deal on plane subsidies should be enforced: US
        216 48 AFP WASHINGTON A top White House economic adviser said last Sunday that the United States should support an agreement with European countries on limiting subsidies for the commercial aircraft try"My position would be that we should take this agreement, which we worked
        AFP  -  216 words
      • LOG BOOK
        • Article
          Lock icon Taipei approves MRT plan: report
          73 48 AFP lAIPEI The Taipei government has approved a joint venture project by Japanese. Hongkong and Taiwan firms to build a mass rapid transit system linking the domestic airport here and the international airport. The project will cost around NTS4O billion (552.54 billion) and is expected
          AFP  -  73 words
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          Lock icon Egypt expects US$2b in Suez revenues
          67 48 Reuter CAIRO Egypt's revenues from the Suez Canal would rise to USS2 billion (553.3 billion) this year compared with USSI.B3 billion last year. Ezzat Adel, Chairman of the Suez Canal Authority, said the revenues were expected to increase due to facilities and cuts in
          Reuter  -  67 words
        • Article, Illustration
          Lock icon In love and all at sea
          41 48 Reuter ELUTHERA, Bahamas More than 1,000 passengers participate in the largest mass reunion of wedding vows at sea on Valentine's Day on Sunday. The "Love Boat" ceremony was held on board the Crown Princess. Reuter
          Reuter  -  41 words
        • Article
          Lock icon Liberian oil tanker explosion injures 3
          72 48 AP FUNCHAL, Madeira An explosion caused a fire on a Liberian oil tanker and injured three crew members, a navy ofTicial said on Sunday. The ship was not carrying oil when the blast occurred on Saturday, 224 km northeast of the Portuguese island of
          AP  -  72 words
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          Lock icon Brazilian aircraft bursts seven tyres
          41 48 Reuter SAN FRANCISCO A Brazilian aircraft burst seven tyres on landing at San Francisco airport on Sunday, scattering debris over a wide area and temporarily forcing the closure of two runways, an airport spokesman said. Reuter
          Reuter  -  41 words
      • Article
        Lock icon Electronic gadgets can send planes off course
        170 48 AFP NEW YORK Airline passengers using compact disc players and hand-held video games may affect an aircraft's navigation equipment and push it off course. Time magazine reports in its Monday issue. A DC-10 coming into New York's John F Kennedy Airport recently almost
        AFP  -  170 words
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1292 48 a& n» no nw Abu Dhabi GA893 1500 GA982 0210 GA974 2225 GA886 2305 Adelaide QF81 1935 QF82 2050 Amman RJ182 2200 GA893 1500 GA974 2225 Amsterdam KL837 1545 SQ338 2300 SQ323 1815 KL838 2350 Athens SQ348 2300 Auckland NZ35 1425 SQ288 2045 SQ286 2045 NZ36
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      23 29 LAW PAGE Every Thursday in Business Times A different sort of boat people, Page 2 DHL embarks on USsl.2sb investment plan, Back Page
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      30 29 I Ims and sorvtcos roprttMtid by aomSkv Mambors of the Registry ol Accrodltod /iJ»K\\ Shtooioo Aunts. Skvoaoora National Strip- lllfirli] pdng Association For advertising enquiries, contact Shipping Timet TW 740-208W740-2090
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      314 29 International Freight Forwarder EUROPE LCL FCL Services M+R FORWARDING PTE LTD Someone dose has been Rving Your son in Canada ■nMI is studying for some years. overseas. You've given up HEu9H And vou writing those bphpmh And you long letters. want him The straits Times close to home weekly tells
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      61 30 The Baltic Exchange report was not available. any JoB ANY career /T7 Available any day# ANY Time, anywhere. Tnr STW.rn Timm T.« Sunday timm bds«nh; T.mm -7jr W Yo\ I THr NFW PAprn iiANMF. ZAOHAO Lianhc WANBAO ElL A/V J ISL SH,N M,N DA,LV NEWS Be ,TA MA IAM BF
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      9 30 Port conditions, Page 16 Ships In Port, Page 17
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  • Page 30 Miscellaneous
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      616 30 TODAY'S TIDES (hejht in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 1.5 1.5 1.6 1.9 2.1 2.3 2.5 2.4 2.3 2.1 1J 1.5 1-2 1.0 0.9 0.9 0.9 1.1 1.3 1.5
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      2381 31 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES *****11 FAX: *****09 BOOKINGS TEL: *****34 *****58/ *****40 A CFS (PSA F5) TEL: *****21/ *****79 ■riRiV JAROINE SHIPPING AGENCIES SON. BHD. P RAAAfI PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 j %SV)# J PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Quality
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      1756 31 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 imuAscl gUNfTED ARAB SHIPPING CO.(SAG)! /J To US East Coast JQLJSa l"l I Ml Off I «»Z1 ft IMMM MM 21/92 HI) MM 2183 11 13 «X IVM II M U M m vm mm 2vw »/m n t ft (HMI MIM
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      1250 31 ■UliV.HiHH'l.'H CARGO TO INDIA PAKISTAN? RELY ON OUR WEEKLY QUALITY SERVICE MUSCAT BAY V. 2753 ETA SIN 19TH FEBRUARY 1993 vessel Voy ETA ETD Feeder by s« DESTINATIONS This M* laust Maersk V 9304 ■■g»g)MMpmTMMB»TnBIIM»»»»aMWMrfIiTIIMtMIIMMI 23/2 1400 HRS B WtfHfe MBniflßlßlHHllllßlißßßMlilllßlllßlH CFS 23/2 0600 MRS JOM LPK PEN OAK LGB
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      770 32 AQABA ROAM/ LI VOY NO S PORE JEDOAH (via JED) S TON H BURG ANT HAVRE ■oJIM TOKIO EXPRESS 09/106 17/2 6/3 9/3 7/3 1 MJ. NUTBOUM) DANUBE 06/306 20/2 2/3 8/3 10/3 13/3 IS/3 17/3 PORT KELAMB ft fOMNB KAMAKURA 27/107 25/2 13/3 16/3 14/3 CMSO TO (K/CONIMIIT DRESDEN
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      592 32 FCL BreakbulK Service to: AFGHANISTAN MAM Afghanistan Ltd., Sote Foreign Forwarder in Kabul for aJI services C.1.5.-Voatochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam Mongolia Hungary CSFR a Poland coafirans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel rr|sw I VILLE DE TITANA 19/02 ORIENTAL KNIGHT 01/03 VILLE
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      1471 32 1 oawAia tut INDEPENDENT FULL CONTAINER SERVICE 2^ L /ua°k. m B J N ALO !2MI 3 if 7 2 "/M 13/03 15/03 16/03 17/03 18/03 19/03 20/03 !h«no 1112 15(2! 11/03 19/03 22/03 23 3 24 3 25/03 26/03 27/03 22«£?i525ra,.u MM 28/03 29/03 30/03 31/03 01 3 01
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      2016 33 H STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****80 Fax: *****17 *AIAH WOOM ,0M lit 16*f?b r" frt MADURA VOX KK. Skan. Taw 17-18 Fab 19 Feb 19 Feb STRAITS VENTUK *05£ Muara. lab 19-20 Fib 22 f«b 23 Fab /wnv FT ti>
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      2122 33 SINGAPORE AGENT: HMI PXtII I AfltoiflAfC P&O Containers (Singapore Agencies) Pte Ltd X VjUllidlllvl 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 WT% Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z VESSEL VOY >PNO *PKO WM ALO SOU AMI ROT NAM VESSEL
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      696 34 PHHH I »a ww InSij TOM/im I hw I 1011 iwn«F~ I KUTAI ?7WB I 28/2-5/3 I a/3 3/4 5/4 8/4 TO m EAST COAST PORTS WL/VOY mi STORE STD I «LB IMB IFK ACEI OCTAMA 01S 19/2 11/2 5/3 1/3 14/3 WO AUSTRALIA 42S 2/3 3/3 17/3 20/3 14/3
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      1746 34 HANJIN SHIPPING n* VSI 9N lUW HMA SEA ye* FDR VSI SK LH HAUL SAV ILM NYC HI FELIXSTOWE 01CE 20/2 OKCT U/3 12/3 HAMJK KUNSAN 084 C IS/2 H SAVANNAH 038 2S/3 2S/3 21/3 HAIUN POHANG 12SE 22/2 H. MA SAN 077E 11/3 19/3 HAKIM POHANG 12CE 22/2 H
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      1250 34 I m xr ik K( u( m m os n ac no ui oe u inc im um m w w m piu I CHI RF-444 17/2 a/2 24/2 2»/2 1/1 2/3 4/3 5/3 4/3 1/3 14/3 31/3 2/4 3/4 13/4 14/4 IS/4 14/4 17/4 27/4 7/i 11/5 12/5 I
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      1636 35 SCX: NEPTUNE DIAMOND 11E' ETA SGP 17/02/93 II ARRIVING LOS ANGELES 07/03/93 IN 17 DAYS. SC& II AEX: 'HAKONE MARU 08E' ETA SGP 17/02/93 hi arriving new york 12/03/93 in 22 days. I II *M SCX: Comwdlng C. Pegasus Voy 1C In HN6 HI *R2 SCX: Connecting C. Jupiter Voy
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      1167 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBtXJC—DKCHMONG WCSTBOUFC-lOACTNG TIWOWPED W ROTTERDAM
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      1447 36 K 4 4 V" M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/^9 M MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD A JLV A 1 Iv TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5 ft INDONESIA: P.T. SARANA
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      1101 36 PHILI-ORKNT LIN€S PT( LTP 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU fjP MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 18 FEB SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 18 FEB AUCKLAND. WELLINGTON. LYTTLETON,
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      809 37 fSSHfI PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I &BSSSSSBKt WmWttM CRNO **********0E I I VESSEL VOY SIN HKQ SIN CMB M HOO JED AOJ I KOTA WIRAWAN WRNO2I 21/2 25/2 3/3 »/3 12/3 14/3 KOTA CAHAYA CAHOI3 6/3 11/3 1»/3 20/3 l» 1
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      1027 37 WEEKLY LCL SERVICE NORTH EUROPE EVERY TUESDAY FOR THE FASTEST TRANSIT TIMES IN THE TRADE CALL:BEN LINE AGENCIES (S) PTE LTD TEL: 225 3522 BOOKINGS: NOELLE TAN/TS CHOW YEA SHYUAN/SALLY YAP OR EAC TRANSPORT AGENCIES (M) SDN RHD BOOKINGS: ANGELINE TAN SHAH ALAM TEL: *****49 001 ARK KHIANG PENANG TEL:
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      309 37 BSA TRANSPORTATION M MYANMA ifflßk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gdf MYITKTINA V46SW 11/20 ftb AVA VI2OW 18/25 Fab In ft PAGAN WU3W 22/25 Fab tTA-AH VISSW 25/21 F«t MALAYSIA AGENTS BOUSTIAD SVPWE AGENCES KUL TU 03-*****00 f*L: TO. 03 341t7«7 PEN
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      3120 40 Full Container Liner Services Male's Agents: Indonesia's Agents: General Agents: Booking Agents: Cyan Giim Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd PT. Ghkal Pntra Indonesia Maritime Costar Shipping Pte Ltd Shipping Freight Booking Centre sen Bhd 58 Persiaran Ra/a Muda Musa Lot 3.34. 3rd Floor, jl IR H Juanda
      3,120 words
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      640 41 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 20/2 ROTTERDAM 20/2 HAIFA/ASHDOD/ALEXANDRIA 20/2 HAMBURG/BREMEN 20/2 MARSEILLE/FRANCE 20/2 FELIXSTOWE/UK 20/2 BARCELONA/SPAIN 20/2 LEHAVRE/ANTWERP 20/2 GENOA/ITALY 20/2 GOTHENBURG/SCANDINAVIA 20/2 LOS ANGELES/WC/IPI 21/2 SYDNEY/MELBOURNE 18/2 NEW YORK/EC 21/2 FREMANTLE/ADELAIDE 24/2 VANCOUVER 21/2 BRISBANE
      640 words
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      522 41 g RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 Line#) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOAONO FO« SPOWE ANOINET 2VWB 24/03 DARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA NETSANET 29W8 20/04 DARESSALAAM MOMBASA DJBOUTI
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      934 41 JAKARTA BANGKOK wr i mrzpzimißEl mm BHUM 178 17/2 21/2 PITA OHUM 271N Tut to Pt Fri 19/2 RAM BHUM MS 19/2 23/2 6. KOfINTSEV 14N N«4 17/2 S«t 20/2 KIT) BHUM 1C 20/2 24/2 Wt<>l i£3s 5* Mil -uu TTJZ MMI BMUM MN Prt 19/2 Mw 22/2 *5 NANTABHUM
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      1501 42 HHNHmac-nels groupage I -IVy jPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 w P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 17/2 18/2 19/2 Hong Kong Ldn/Fli/Rdm/Ant/LHV 18/2 19/2 20/2 21/2 22/2 23/2 Hong Kong G'burg/C'hagen/Sbolm/Oslo 21/2 22/2
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      230 42 tejE BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS sm AKL LYT SM AUST STAR 85S 19/2 2/3 4/3 18/3 FGUARD BAY IS 28/2 12/3 14/3 2S/3 PROSKCT 23S 7/3 19/3 21/3 7/4 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH.
      230 words
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      956 42 f THONG SOON LINES PTE. LTD. 77 ROBINSON ROAO #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I CQMviMTiOMAueawtAMft ttMtum mmu SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL |WOT Is rott IPCST VESSEL YOT SPORE f.
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      111 45 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, r profiles of leading managers in Singapore and f relevant book reviews. v tNyn V ENTERPRISE MANAGEMENT, in Business Times every Monday, is must srii w 5 v-^ reading for managers who
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      670 46 cosco I UKC CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR: A VESSEL 28/2 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/02 20/02 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
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      432 46 A EES FREIGHT SERVICES PTE LTD #01-60 Wallich Building, Wallich Street, Singapore 0207 Tel: *****66 (10 Lines) Fax: *****69/*****44 I "OLANDIA" "MARJON" OOCL FAME V.l IE I I V.134 V.045N ETD SIN: 17/2/93 I I ETD SIN: 18/2/93 ETA SIN: 21/2/93 ETA DEST: 21/2/93 I We provide competitive LCL rates
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      858 46 Antwerp 28/2 Fremantle 25/2 Bangkok 20/2 Bremen 28/2 Sydney 18/2 Busan 22/2 Hamburg 28/2 Melbourne 18/2_J H ong Kong 22/2 LeHarve 28/2 ETSTIfFyVSIFVi Kaohsiung 20/2 Felixstowe 21/2 Keelung 19/2 Rotterdam 28/2 Bombay 22/2 Jakarta 21/2 Calcutta 21/2 Manila 22/2 Chittagong 18/2 Lax Nyc 21/2 M ar Chl *we travel aii
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      754 47 HYUNDAI I MERCHANT MARINE CO. ITD. WESTBOUND TO EUROPE I VESSELS VOY 1 PNA PKE PGP VESSELS VOY SIN RTM ANT* LEH* HAH BKtt FEL MM ADVANCE 05A 16/2 18/2 20/2 H HNOVATOR 302* 21/2 12/3 12/3 13/3 14/3 14/3 18/3 HMM ADVANCE 06A 23/2 25/2 27/2 SI MARKER 303W
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      509 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS KSSU Wt V n IK RR riismn u si# ao mm u/2 CR4VMB rami 11 15 2 i?/2 COSMIC BISTtI It 14/2 11/2 nu SUM CM 21 18/2 MM 11/2 isui cumi im n/2 24/2 RROU OROISR 7 29/2
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      1139 47 OUR USA Hi HI Ma M In IU OK W M CM «a KM NVC SERVICE CALLS MIMM IKI 1 iMR MU6IIOI MCTOT 7l2nT IMI/c' M7/M3 11/ li '11/U 1113 11/U 11/ li 11 U U/«l SINGAPORE MTim Mt> >aa n/« hlkitm cai—us ii?ni u-n/n i«/u i?/m p/m 17/u h/u
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      4 48 Tomorrow in Business Times
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      49 48 mmrereEHPl mm KN AITSIS Tomorrow in Business Times Fly Finnair's new Business Class to Europe. Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles ahead of its competitors. Call your travel agent or 733 3377 for more details. We know the world from start to Finnish.
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