The Business Times, 17 February 1993

Microfilm: NL18517
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    14 1 BUSINESS TIMES YM: KNOW ASIA MITA (P) 552/12/92 Wednesday February 17 1993 75 C
    14 words
  • 2am LATEST
    • Article
      Lock icon UK inflation yet to be permanently low
      80 1 Reuter LONDON The Bank of England has warned that Britain has not achieved permanently low inflation, and that the key underlying rate of price rises could yet breach a government target range of one to 4 per cent in the coming months. In
      Reuter  -  80 words
    • Article
      Lock icon W Europe tests first solid-fuel rocket booster
      61 1 AFP KOUROU, French Guiana Western Europe's first solid-fu-el rocket booster has been tested in a jungle clearing in French Guiana, space officials say. "This is the first time a booster test of this size has been made in a vertical position," said Jean-Marc
      AFP  -  61 words
  • Article, Illustration
    MARKET SUMMARY
    114 1 Stock market indices Ttndiy Change S Til 1.629.36 +10.79 KLSE Composite 635.01 +0.1 Nikkei 16,916.32 -20.67 Hang Seng 6,065.62 +16.18 SET Index 986 65 -11.68 Jakarta Composite ...301.99 +0.22 CLSA China B 1.606.37 -4 68 Aust All Ord 1.612.1 +15.6 FTSE 100 2,812.2 -33.7 Tuesday Pre»lous 11.30am close
    114 words
  • Article
    Lock icon KL backs down on plan to redraw electoral boundaries
    133 1 Reuter KUALA LUMPUR Malaysia's election commission has abandoned a plan to create new parliamentary and state scats, its chairman said yesterday, hours after the opposition challenged the validity of the excrcisc in court. Harun Din said the commission had revoked the
    Reuter  -  133 words
  • Article
    TDB takes stake in well-linked China investment company
    686 1  -  From Yong Pow Ang in BEIJING TDB Holdings, the investment arm of Singapore's Trade Development Board, is taking a 10 per cent stake in a new company whose shareholders comprise prominent Hongkong investors and 13 state enterprises in China. The move is
    686 words
  • Article
    Lock icon HK said to have given China draft Bill for more democracy
    324 1 AFP Reuter HONGKONG Governor Chris Patten's proposals to widen democracy in Hongkong have been delivered to Beijing in legislative form, sources here said yesterday amid media reports of contacts underway in Beijing. Officials who requested anonymity said Mr Patten's
    AFP; Reuter  -  324 words
  • Article
    Optimism wins out for Hongkong investors
    338 1  -  From Stephen Vines in HONGKONG SHRUGGING off official denials, Hongkong investors yesterday stuck with their belief that compromise is in the air in the bitter dispute between Britain and China over the future of the colony. After a 191-point gain on Monday, the market
    338 words
  • Article
    Options trading on Singapore exchange to start next month
    312 1  -  By Magdalene Ng SINGAPORE Options trading on the Stock Exchange of Singapore will start in March, three months later than was originally planned. Sources said yesterday that the SES would announce the move today at a luncheon talk at the DBS
    312 words
  • Article
    Lock icon Clinton asks Americans to accept plan for cuts, taxes to rebuild US
    724 1 AP NYT WASHINGTON President Bill Clinton has issued an economic "call to arms", asking Americans to accept a painful package of tax increases and spending cuts as the price for rebuilding the nation's economy. Setting aside economic intricacies,
    AP; NYT  -  724 words
  • Article
    Lock icon Share prices plunge on Wall Street
    163 1 Reuter NEW YORK Wall Street stocks plunged in early trading yesterday but stabilised slightly at mid-session on widespread uncertainty over President Bill Clinton's economic package to be unveiled tonight. At 11:30 am (1630 GMT), the Dow Jones index of 30 leading industrial shares was
    Reuter  -  163 words
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      171 1 IBHHIMMIUBI JUHMB CONTENTS News 2 £pT<Hsta".9.lo.ll Regional News 3.4 Financial 12.13 World News 6.7 Futures Markets Analysis 25 Clob/KLSt. S£S 17.18 Editorial 24 Regional 15.16 Sports 19 World 17 TV/lifestyle 21 Currencies 13 World Focus 8 Stmex/Commo —14 Subscription Tel 1800-*****77 Fa> *****75 BT Editorial Tel *****18 Fai *****71 BREITLING
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      9 1 Regional Analysis Rise of non-Japanese Asian MNCs Pg 23
      9 words
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      18 1 Hock Lock Siew p Singmarine set to s< iipg l Helping Singapore companies spread their wings. Pg 25
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      160 1 ftheygbttom Line Xrmliciints' dilemma Back Pg From today, BT will carry dividend announcements for Singapore-listed companies everyday in the first page of Company News. Today's table is in Page 9 M n q bei (north) Q| lii ~Jht best of the Forge new frontiers. North. And South. Cross the boundaries,
      160 words
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      24 1 MADE IN GERMANY SCHUHE BOI'TIQI'E #02-28 RAFFLES CITY SHOPPING CTR TEL: 33*1228 Full text of speech, Pg 8 Plan seen as gamble, Pg 8
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon An uneventful year
        320 2  -  By Magdalene Ng THE Asian Dollar Market has stagnated, says a banker when asked about the current state of the once buoyant market. For the year to November 1992, the month-on-month growth in total assets of Asian Currency Units (ACU) fluctuated between a 2.9 per cent drop
        Source: Dept of Statistics  -  320 words
    • Article
      Price increase in March COEs smaller than expected
      499 2  -  By Dexter Lee THE average cost of a certificate of entitlement (COE) for March inched up by a mere 5.3 per cent to $13,822, contrary to market expectations. But car dealers are still expecting a rush for COEs as from April, when
      499 words
    • Article
      Why companies seek ISO 9000 stamp
      182 2 THE MOST significant benefit of ISO 9000 certification is that it proves a company's capability and efficiency, a survey by the Singapore Institute of Standards and Industrial Research (Sisir) has shown. It also improves morale and leads to greater customer satisfaction, but it does
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    • Article
      Pirated Sega games worth $1.2 million seized
      245 2 INVESTIGATORS and lawyers acting on behalf of Sega Enterprises Ltd, the Japanese video-game giant, raided a Sims Avenue warehouse yesterday and hauled away $1.2 million worth of pirated game cartridges and integrated circuit boards. Included in the haul were 15,000 cartridges of popular
      245 words
    • Article
      Corrections and clarifications
      74 2 IN YESTERDAY'S report, "Property prices won't be hard hit, says C1DB", we quoted Siew Wah, the Construction Industry Development Board's general manager, as saving that "in some cases, construction costs amounted to only 10 per cent of the total development cost of a property". What Mr said
      74 words
    • Article
      A recap of what has been discussed so far
      620 2 Goods and Services Tax THE 3 per cent Goods and Services Tax will take effect from April I, 1994. A White Paper outlining the scope and operation of the GST was released last Tuesday. The following tabulates what has since emerged.
      620 words
    • Article
      GST on cars
      377 2 f JRAS^ This is a daily column of the Inland Revenue Authority of Singapore to promote understanding and discussion of the (JST HOW will the GST aftect the sale of motor cars? Will used cars be subject to the same liability as new cars? These are some
      377 words
    • Article
      IRAS should reconsider liability of long-term contracts: Coopers
      440 2 John Ross, director of Coopers Lybrand. replies to the IR.4S' comments on GST liability on long-term contracts published in BT yesterday. THE Inland Revenue Authority of Singapore (IRAS) should rethink its comment made in BT yesterday on GST liability on long-term contracts.
      440 words
    • Article
      Handphone sales unaffected by cancer scare
      204 2  -  By I R Sivanithy MAJOR SELLERS of cellular handphones in Singapore have not experienced any drop in sales as a result of recent allegations that prolonged use of handphones can cause cancer. Motorola. Singapore Telecom and AT T. in replying to queries by BT.
      204 words
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      177 2 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times SINGAPORE INFORMATICS *9J The Premier Information Technology Show in Asia 14 17 October 1993 World Trade Centre Singapore iAlnternational IT Recruitment Show W The first ever exhibition that highlights the INTERNATIONAL VISITOR I information technology industry job market PROPII F 9 in
      177 words
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  • THE REGION
    • Article
      Lock icon Keep economies open to fight regionalism, Japan urges Asean
      538 3 Malaysia calls for tariff cuts, removal of non-tariff barriers by Tokyo AFP TOKYO Japan urged the six members of Asean yesterday to keep their economies open to counter the growing international trend towards closed regions. "Regionalism is gaining force globally amid
      AFP  -  538 words
    • Article
      Slowdown in world economies hit Malaysia in third quarter, says Bank Negara
      431 3  -  From William Chia in KUALA LUMPUR MALAYSIA'S economic growth in the third quarter was affected by the worldwide economic slowdown, Bank Negara Malaysia said yesterday. The sluggish performance of the electronics and electrical industry in Japan had hit
      431 words
    • Article
      Lock icon Dalai Lama in Bangkok despite Thai army opposition
      289 3 AFP BANGKOK Tibet's spiritual leader the Dalai Lama was mobbed by reporters on arrival here yesterday on a landmark visit protested by China, saying his main purpose was the release of Burmese pro-democracy leader Aung San Suu Kyi. "I came here for
      AFP  -  289 words
    • Article, Illustration
      Lock icon Johor will give its first marina project top priority, says MB
      432 3  -  By Colin Tan SINGAPORE Johor is giving its first marina and other similar tourism-related projects top priority, its mentri besar said yesterday. Muhyiddin Yassin added that he wanted Scbana Cove Marina to be a good example of a business
      Picture by Arthur Lee  -  432 words
    • Article
      Lock icon Japan's trade surplus still growing, boosted by weak economy
      420 4 Reuter TOKYO The strong yen helped push Japan's highprofile trade surplus almost 40 per cent higher in January and analysts said a boost to the domestic economy was needed to suck in imports and narrow the yawning gap. "What's causing this
      Reuter  -  420 words
    • Article
      Lock icon HK tourism revenue up 22pc, thanks to Taiwanese
      273 4 Bloomberg Business News HONGKONG The colony's tourism revenue surged 22.2 per cent to HK548.39 billion (5510.3 billion) last year from HK539.6 billion in 1991 as visitors from Taiwan went on a spending spree that made them the biggest source of the industry's
      Bloomberg Business News  -  273 words
    • Article
      Lock icon Beijing finally allows oil giants into China's El Dorado
      546 4 AFP BEIJING Foreign petroleum giants will end 15 years of waiting today when China opens to joint development the Tarim Basin, one of the world's last major untapped sources of oil, industry sources said. And while the decision marks a major
      AFP  -  546 words
    • Article
      Lock icon Taipei may exclude Tokyo from Gatt concessions
      308 4 Reuter TAIPEI Taiwan, seeking to cut its huge trade deficit with Japan, may exclude Tokyo from trade concessions when the island joins the General Agreement on Tariffs and Trade, officials said yesterday. "When we join Gatt, we will consider using Gatt's Article 35
      Reuter  -  308 words
    • Article
      Lock icon Taiwan shifts focus from China to Subic
      428 4 Bloomberg Business News TAIPEI A plan unveiled by Taiwan last Friday to help develop a 300-hectare industrial park at the former US naval base at Subic Bay in the Philippines marks the latest effort by authorities to nudge businesses away from investing in
      Bloomberg Business News  -  428 words
    • Article, Illustration
      Lock icon Haven from the elements
      26 4 Reuter BEIJING Workmen at a construction site in the Chinese capital taking cover inside concrete pipes during a snow flurry yesterday. Reuter
      Reuter  -  26 words
    • ASIA NOTES
      • Article
        Lock icon Beijing declares war on flies
        78 4 AFP BEIJING China's capital has launched another attack on its fly population this year, the China Daily said yesterday. All districts and counties have been required to reach fly elimination targets by the end of August, the newspaper said. The emphasis will be on maintaining
        AFP  -  78 words
      • Article
        Lock icon No entry without visa: Hanoi
        78 4 AFP HANOI Foreigners arriving in Vietnam without a visa will be turned back immediately, the immigration department announced in Ho Chi Minh City. The department, quoted on Friday by Saigon Giai Phong newspaper which reached Hanoi yesterday, said any airline which transported visitors without visas
        AFP  -  78 words
      • Article
        Lock icon Cambodian logging ban ignored
        64 4 Reuter PHNOM PENH A United Nations-backed ban on logging in Cambodia is being frequently violated, with Thailand and Japan accepting most of the timber, according to a report by UN peacekeepers yesterday. The UN Transitional Authority in Cambodia (Untac) monitored 46 violations of the ban between
        Reuter  -  64 words
      • Article
        Lock icon Rain acidity rises in Malaysia
        58 4 AFP KUALA LUMPUR Rain acidity in Malaysia has reached levels that warrant concern in highly industrialised urban centres, environment officials said yesterday. Science. Technology and and Environment Minister Law Hieng Ding said his ministry was compiling data for an action plan to be formulated to
        AFP  -  58 words
      • Article
        Lock icon Taiwan-China nuclear energy talks
        53 4 Reuter TAIPEI Taiwanese officials will discuss the possibility of storing the island's nuclear waste in China at a meeting with their Chinese counterparts in Beijing next month, the state radio said yesterday. The issue will be discussed during a seminar on nuclear energy in Beijing from
        Reuter  -  53 words
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      247 3 JX-9700E 1 V ij -•—-H rrilLT Continuous 250-sheet printing, smarp i m h»ih «h«» hi Mian J-' plus 500 more from optional MMM ~H' 1' ff Li extra cassette <riscJV_3 I ffe 1 Only 400 mm (W) X 420 mm T I p X 278 mm (H) I 7 j
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      123 3 The rare perfection of Patek Philippe at The Hour Glass. j should mf quisite features that hall mark each Especially when you're collection. the per- ourselves as connoisseurs. And of Patek Philippe. The Hour you're treated to the charm and in- Ij|jl Which true specialist in take your time choosing
      123 words
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      547 4 FOR A BRIGHT, BREEZY LIFESTYLE, MOVE TO MANDARIN GARDENS "j, ,j i. Full-Service Accommodation by the Sea Mandarin Gardens is the only resort-style accommodation that offers you a wide range of amenities for a new lifestyle. The sun, the sea and open spaces. It's waiting for you. 15 minutes to
      547 words
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      429 5 W OMfnS AUSTRAL/ H Pp*.;* ■ppwpi^ C, x' vV^W .v You wouldn't settle for half a seat on your next flight. So why settle for hal fa Frequent Flyer pro gramme. For some, the ideal frequent flyer programme merely constitutes a few preferential Points are awarded for every kilometre flown:
      429 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon EC business confidence at 10-year low
        113 6 Reuter BRUSSELS Business confidence in the European Community fell to its lowest level in a decade last year, according to a survey published yesterday by the European Commission. The EC's leading economic indicator, combining calculations for both output and outlook, dropped to 96.1 in
        Reuter  -  113 words
      • Article
        Lock icon No cash? Vouchers will do for hookers
        63 6 Reuter MOSCOW Russia's privatisation voucher seems destined for success prostitutes in the city of Perm have begun accepting them as payment. An hour with a "lady of the night" costs one voucher current market value around 5,000 roubles (S$ 15) the daily Rossiiskiye
        Reuter  -  63 words
      • Article, Illustration
        Lock icon Mourning in silence
        28 6 Reuter KRAJINA, Croatia Townspeople walking in silence on Monday during a funeral march in Knin Tor Serb soldiers killed in fighting with Croatian forces. Reuter
        Reuter  -  28 words
      • Article
        Lock icon UN flights over Iraq unchallenged
        75 6 Reuter BAGHDAD United Nations arms inspectors flew several helicopter missions over Iraq last week without complaint from the authorities but they steered clear of the capital, UN sources said yesterday. Baghdad has previously objected to UN helicopter flights and The New York Times reported yesterday
        Reuter  -  75 words
      • Article
        Lock icon 3pc pay rise for German civil servants
        80 6 Reuter BONN German civil servants will get a 3 per cent pay increase valid for two years but it will only take effect from May 1 rather than the customary Jan 1. Hermann Otto Solms, parliamentary leader of the liberal Free Democrats (FDP),
        Reuter  -  80 words
    • Article
      Lock icon Independent Slovakia picks economist as first president
      440 6 Reuter BRATISLAVA The Slovak Parliament has elected economist Michal Kovac, a close ally of Prime Minister Vladimir Meciar, as newly-independent Slovakia's first president. The vote on Monday was 106 for and 20 against. Mr Kovac, 62, was the only candidate. He is deputy
      Reuter  -  440 words
    • Article
      Lock icon No peace talks unless deportees return: PLO
      173 6 Reuter AMMAN Palestinian leaders are to tell US Secretary of State Warren Christopher that they will boycott peace talks with Israel over the deportees crisis even if Arab states return to the bargaining table. "We cannot participate in the peace talks even if
      Reuter  -  173 words
    • Article
      Lock icon Rightists forcing economic reassessment in Spain
      402 6 Reuter MADRID The rise of Spain's centre-right Popular Party (PP) in opinion polls is forcing a reassessment of economic options after 10 years of increasingly right-leaning Socialist rule and strict monetary policies. With recession setting in, a PP victory is becoming more likely in
      Reuter  -  402 words
    • Article, Illustration
      Lock icon Pressure grows within Italy's ruling coalition for new govt
      469 6 Reuter ROME Italian Prime Minister Giuliano Amato is facing growing pressure from within the ruling coalition to make way for a much broader government that would have the task of steering the country to new elections. The Christian Democrats, the main
      Reuter  -  469 words
    • Article
      Lock icon London confident Maastricht Bill will be passed
      380 7 Bloomberg Business News LONDON British government ministers believe they are certain to win the Bill ratifying the Maastricht Treaty on closer economic and political union in the European Community, senior government officials said on Monday. The reason for their confidence was spelt out
      Bloomberg Business News  -  380 words
    • Article
      Lock icon Queen Elizabeth accepts Sun apology and charity cash
      415 7 Newspaper publishes open letter of apology to monarch Reuter LONDON Queen Elizabeth accepted an apology from the racy Sun newspaper, along with a substantial payment to charity, after it upset her by publishing her Christmas speech two days early. The tabloid Sun,
      Reuter  -  415 words
    • Article
      Lock icon French premier says economy healthy
      297 7 AFP PARIS French Prime Minister Pierre Beregovoy has called the French economy healthy, expressed concern about joblessness, and attacking Britain again for "social dumping". In an interview with the AFP news agency on Monday, he again accused Britain of "social dumping" in the Hoover affair,
      AFP  -  297 words
    • Article, Illustration
      Lock icon Crew cabin of the ill-fated Challenger
      91 7 Reuter WASHINGTON One of the photographs showing the crew cabin of the space shuttle Challenger as it had been reconstructed from debris recovered off Cape Canaveral in 1986. The photos were released by Nasa after they were made public by a New York man
      Reuter  -  91 words
    • Article
      Lock icon Lithuania's new president promises to speed up privatisation
      190 7 Reuter VILNIUS, Lithuania Former Communist Party leader Algirdas Brazauskas marked his emergence as Lithuania's new President on Monday with promises to speed up privatisation and promote foreign investment. "It is time to switch from the political declarations common in the past to
      Reuter  -  190 words
    • Article
      Lock icon EC import quota on bananas hits Latin American farmers
      480 7 AP FRANKFURT Bananas, whose cheap abundance symbolised Western promise to East Germans, are about to become scarcer and pricier under a new EC import quota that could devastate banana producers in Latin America. Fruit importers and politicians are warning that the
      AP  -  480 words
    • Article
      Lock icon Iraq uses oil reserves to attract investments
      307 7 AP BAGHDAD The Iraqi trade minister said on Monday his country's vast oil reserves were a "natural guarantee" for foreign companies that trade with Baghdad now but can't be paid because of frozen Iraqi assets. "Our coffer is now empty, but the foreign
      AP  -  307 words
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      652 6 Q Singapore institute of management 1 The Singapore Institute of Management invitee applications to two Masters programmes in accounting specially designed for executives with non-accounting degrees who want to broaden their career prospects. The programmee will equip non-accounting graduates with the necessary skills and expertise to practise as accountants J
      652 words
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      39 7 The aims for the right media and the right company. Classified the people finder. THE STRAITS TIMtS TH€ SUNDAY TIMES BUSINESS TIMES THE NEW PAPER UANHE ZAORAO UANHE WAN RAO SMINMIN OAKY NEWS RE RITA MARIAN RE RITA MINGGU
      39 words
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      Page 7 Advertisements Column 2
      364 7 WINDOWS" I X' EXPO '93 21 23 June 1993 HI Raffles City Convention Centre Singapore Corporations are migrating to Graphical User Interfaces in record numbers Don't miss your chance to B stay ahead of the pack B WINDOWS EXPO '93 THE EXHIBITION Come to Windows Expo '93 a world class
      364 words
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  • WORLD FOCUS
    • Article, Illustration
      Lock icon Bear with me through painful changes, urges Clinton
      1677 8 President Bill Clinton spoke to Americans on Monday, sounding 'a call to arms to restore the vitality of the American dream". Below is the text of his message NYT GOOD EVENING. I have chosen this day on which we honour two great
      NYT  -  1,677 words
    • Article
      Lock icon New economic plan seen as a gamble
      1213 8 Public may not see benefits for years if ever NYT WASHINGTON The economic plan that US President Bill Clinton introduces today will trumpet spending for education, job training and public works as the key to building a richer nation, his aides say. But
      NYT  -  1,213 words
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      390 8 REACH OUT TO MORE BUYERS The automation market is one of the fastest growing BIsA markets in Asia with factory automation sales escalating from US$B.B billion in 1984 to US$2O billion in 1991. And there's jB|M no sign of slowing down. In labour scarce Singapore, we've the world's 2nd highest
      390 words
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  • COMPANIES & MARKETS
    • Article
      DBS Bank sitting on $54m profit from Asian bank stakes
      492 9  -  Rise in share prices gives bank relatively quick returns By Quak Hiang Whai SINGAPORE DBS Bank has gained about Sss4 million on shares it bought in two other Asian banks. Based on yesterday's closing prices and BT's computations, its stake
      492 words
    • Article
      Goldtron unit Proteq Tech diversifies
      378 9  -  By Teh Hooi Ling SINGAPORE Proteq Technologies, a member of the Ses-daq-listed Goldtron group, has diversified into telecommunications and security systems business. It has set up two subsidiaries to carry out research and development into the two areas and the products are likely to be
      378 words
    • Article, Illustration
      Lock icon Singapore Telecom float seen as a tonic for local market
      514 9 Reuter SINGAPORE The longawaited privatisation of Singapore Telecommunications Pte Ltd, expected in the second quarter of 1993, will give the local bourse a welcome boost in equity quality and quantity, share analysts said. Foreign fund managers say Singapore's relative lack
      Reuter  -  514 words
    • Article
      After a hiccup, Singmarine looks headed for profit jumps
      569 9  -  HOCK LOCK SIEW By Rahita Elias SINGAPORE Singmarine Industries has ended speculation about the fate of the two docks that listed at its New Yard last October by announcing that one dock would be replaced with a newbuilding, while the other
      569 words
    • Article
      Courts to open sixth superstore at Kallang
      280 9  -  By Magdalene Wg SINGAPORE Furniture retailer Courts (Singapore) Ltd is opening its sixth superstore here. Courts said yesterday that it has reached in-principle agreement to lease an area of 60,000 sqft in Kallang for five years. The new store, which is expected to
      280 words
    • Article
      DIVIDENDS ANNOUNCED
      236 9 Payment Ex Books Pay date dose date Asia Pacific F 16 Feb 4 Feb 16 Feb 24 Avimo 20" F I2.5TE Feb 17 Mar 1 Apr 15 Berjaya Ciroup 1 4 Mar 18 Apr 2 Apr 15 Bcrjaya Ind 1 3 Mar 4 Mar 18 Apr 8 Berjaya
      236 words
    • Article
      Sabah Shipyard makes M$30m private share placement
      342 9  -  From Ramesh Divyanathan in KUALA LUMPUR LABUAN-BASED Sabah Shipyard Sdn Bhd yesterday announced a MS3O million (5518.6 million) private share placement. However, it said that it was in no hurry to seek a listing on the Kuala Lumpur Stock Exchange. Managing director Joseph
      342 words
    • Article, Illustration
      Lock icon SUMMARY
      328 9 Source: Bridge Info Performance of STII's index stocks Feb 16 Last Seasc lnd«\ Slock tale hct (actor motrrs (I) Aumo 1900 -0010 1.61 -I 28 C4C 7 250 0 050 6 16 6.41 Ccrcbos 4 920 -0 060 4 18 -7.69 FAN ***** 0 200 9.85 25.64 GF Asia
      Source: Bridge Info  -  328 words
    • COMPANIES
      • Article
        Thailand's First City Investment collapses
        400 10  -  Company's closure sends SET index I.7pc down From Andrew Cooke in BANGKOK THE financially-troubled First City Investment Co (FCI) yesterday closed its doors, saying it no longer had the cash to redeem its promissory notes. The finance and securities firm's collapse was blamed for an
        400 words
      • Article
        Lock icon Govt curbs send UMW pre-tax profit falling by 34pc
        266 10 Bernama KUALA LUMPUR UMW Holdings Bhd announced a 33.9 per cent fall in group pretax profit to M$ 137.589 million (5586.1 million) for the year ended Dec 31,1992 from M 5208.206 million previously. Releasing its unaudited results yesterday, it said group
        Bernama  -  266 words
      • COMPANY BRIEFS
        • Article
          Changes at Guinness Anchor
          55 10 SINGAPORE Guinness Anchor Bhd has announced that chairman and managing director Peter Banner will return to London in June. He will become technical director of the Africa and Americas region of Guinness Brewing Worldwide. Guiness Anchor proposes to appoint Nigel Salmon, now managing director of Guinness
          55 words
        • Article
          Causeway extends completion date
          59 10 SINGAPORE Causeway Investment Ltd has agreed to extend the completion date of the sale of Safetytech Sdn Bhd to March 15. Sixty per cent of Safetytech is being bought by Philip Khoo for SSI.9 million. He will pay $1.2 million cash on completion of the sale
          59 words
        • Article
          HLI sets up unit in Jersey
          42 10 SINGAPORE Hong Leong Industries Bhd has set up a wholly-owned subsidiary on the English Channel Island of Jersey. The subsidiary, HLI Overseas Ltd, is an investment holding company. It has authorised and paid-up capital of £10,000.
          42 words
        • Article
          Foreign shareholding in SCS
          27 10 SINGAPORE Singapore Computer Systems Ltd (SCS) said yesterday that foreign shareholders owned 18.415 per cent of its issued capital as at Feb 11.
          27 words
        • Article
          Lock icon Jasa Kita expects M$6m pre-tax profit
          97 10 Bernama KUALA LUMPUR Jasa Kita Bhd, an engineering-based company which is making a public offer of its shares, has forecast a consolidated pre-tax profit of M 56.488 million for the II months ending March 31, 1993. and a profit ofMsB.l7B million in the following
          Bernama  -  97 words
        • Article
          Lock icon Foreign ownership at limit
          57 10 Bernama KUALA LUMPUR Foreign ownership in Arab-Malaysian Finance Bhd as at Feb 15, 1993. has reached the maximum of 30 per cent allowed by the company. It said yesterday that application had been made to the Kuala Lumpur Stock Exchange for a separate quotation of the
          Bernama  -  57 words
      • Article
        Lock icon Call to vet would-be directors of public companies
        363 10 Bernama KUALA LUMPUR Bank Negara governor Tan Sri Jaafar Hussein yesterday suggested that would-be directors of public listed companies go through a strict vetting process similar to the one imposed by the central bank on directors of financial institutions. This was to
        Bernama  -  363 words
      • Article, Illustration
        Mighty smart Marty
        54 10 TOKYO Fujitsu promotion woman Kumiko Romiya showing off Marty, a keyboard-less personal computer that plugs into a television set. Fujitsu unveiled the PC yesterday and said the half-game machine and half computer, which runs software recorded on compact discs, will go on the Japanese market on Saturday
        54 words
      • Article
        Lock icon Japan may allow firms to buy back own shares
        212 10 Knight-Rid-der TOKYO The Japanese government is reportedly planning to allow share buy-backs by publicly-listed companies here, but analysts say the move will do little to boost Japan's stock indices. The Nihon Keizai Shimbun newspaper reported yesterday that the government planned to
        Knight-Ridder  -  212 words
      • Article
        Lock icon Menang unit expects M$110m turnover this year
        172 10 Bernama PETALING JAYA Men-ang-Sk Brothers Enterprise Sdn Bhd, a subsidiary of Menang Corporation (M) Bhd expects to reap a turnover of \lsllo million (5568.8 million) this year following the signing of two agreements with kewangan Usaha Bersatu Berhad (kubb) yesterday. Under the agreements,
        Bernama  -  172 words
      • Article
        Lock icon Telecom leads NZ share market to 30-month high
        369 11 Reuter WELLINGTON A dramatic rise in Telecom New Zealand's share price yesterday boosted the New Zealand stock market 3.1 per cent to its highest close in 30 months. Telecom sparked the market rise in the morning when it announced it would lay
        Reuter  -  369 words
      • Article, Illustration
        Lock icon Plane grounded
        45 11 Reuter FOKKER, Woensdrecht These unsold Fokker 100 jetliners are now part-owned by Deutsche Aerospace, part of the giant Daimler-Benz group. The aerospace firm on Monday finally agreed with the Dutch government on terms to acquire a 51 per cent stake in Fokker. Reuter
        Reuter  -  45 words
      • Article
        Lock icon Aussie miner PCM's profit slides by 89pc to A$6.1m
        253 11 Bloomberg Business News MELBOURNE Diversified Australian mining concern Pancontinental Mining Ltd (PCM) said after-tax profit for the first half to Dec 31 fell 89 per cent to As6.l million (557.32 million). Excluding one-time abnormal items in the year-earlier result, profit rose
        Bloomberg Business News  -  253 words
      • Article
        Lock icon Good outlook for NZ firms' earnings
        264 11 Reuter WELLINGTON Barclays Investment Services said their latest profile of New Zealand companies' earnings outlook showed profit for major corporates over the next two years is very promising. The February 1993 Barcep (Barclays Australasia Consensus Earnings Profile) report forecast strong increases for most sectors
        Reuter  -  264 words
      • Article
        Lock icon Japanese firms must reassess strategies, says Sanyo chief
        516 11 Bloomberg Business News TOKYO The time has come for Japanese companies to change their way of thinking and reassess their role in the world, says Yasuaki Takano, president of Sanyo Electric Co, the leading Japanese maker of home electronics goods. He told
        Bloomberg Business News  -  516 words
      • Article
        Lock icon IBM preparing for first ever layoffs
        375 11 Bloomberg Business News WHITE PLAINS, New York International Business Machines Corp, the American computer pioneer long regarded as a model for enlightened management, has announced it will lay ofT employees for the first time on record. The company said on Monday that a programme
        Bloomberg Business News  -  375 words
      • Article
        Lock icon BA third-quarter profit down 80pc amid fare war
        480 11 Reuter LONDON A fierce airfare price war contributed to an 80 per cent drop in British Airways pic's third-quarter profits, and prompted the airline yesterday to warn of more difficulties ahead. The airline disclosed that its pre-tax profits for the three months
        Reuter  -  480 words
      • COMPANY BRIEFS
        • Article
          Lock icon Marubeni's oil tie-up in Vietnam
          79 11 Knight-Ridder TOKYO Two Japanese firms, as well as Marubeni Corp and Indonesia Petroleum, will participate in developing an oil field off the coast of Vietnam, a Marubeni spokesman said yesterday. He said the two firms have set up an affiliated company, the South Con-Son Oil
          Knight-Ridder  -  79 words
        • Article
          Lock icon Starlite announces terms of offer
          59 11 Bloomberg Business News HONGKONG Starlite Holdings Limited, one of Hongkong's high-end paper products companies, has announced the terms of its initial share offer. The company is offering 63.422.000 new shares to the public at HKSI.OO (21 Singapore cents) a share, with one warrant for every-
          Bloomberg Business News  -  59 words
        • Article
          Lock icon Taiwanese firm in talks with Benetton
          81 11 Bloomberg Business News TAIPEI One of Taiwan's largest textile manufacturers said yesterday that it has entered into talks with the Benetton Group, the Italian clothing retailer, about manufacturing and marketing undergarments in Taiwan. Hongkong and mainland China. The Chung Shing Textile Co said the
          Bloomberg Business News  -  81 words
        • Article
          Lock icon Samsung develops new HDTV tube
          57 11 Bloomberg Business News SEOUL Samsung Electron Devices Co. South Korea's largest cathode ray tubes (CRT) maker, has developed a projection-type CRT for high-definition televisions, the company said yesterday. The development is the first in South Korea and the second in the world, following Japanese CRT
          Bloomberg Business News  -  57 words
        • Article
          Lock icon Mitsubishi lends to S African firm
          72 11 AP TOKYO Mitsubishi Corp said yesterday it has signed an agreement to lend US$25 million (5540.5 million) to Western Platinum Ltd of South Africa, becoming the first Japanese lender there since sanctions against the whiteruled African nation were lifted. Minoru Akita of Mitsubishi Corp
          AP  -  72 words
        • Article
          Lock icon China leaves French firm out of project
          60 11 Reuter PARIS China is excluding French power plant builder Framatome from a multi-billion dollar nuclear project after France's decision to sell Mirage fighters to Taiwan, Framatome's chairman said yesterday. The French Defence Ministry argued for months for the sale to Taiwan, despite Foreign
          Reuter  -  60 words
    • FINANCE
      • SMALL CHANGE
        • Article
          Lock icon Thailand's M-2 money supply rises
          65 12 Reuter BANGKOK Thailand's M-2 money supply rose 2.5 per eent in December 1992 to 2.123 billion baht against a revised monthly growth ot 2.1 per eent in November and a 3.6 per eent inerease a year ago. the Bank ot Thailand said yesterday. The hank
          Reuter  -  65 words
        • Article
          Lock icon China preparing renminbi convertibility
          72 12 Bloomberg Business News HONGKONG Directors of China's foreign exchange eontrol bureaus are hammering out new guidelines whieh will eventually make the Chinese yuan, or renminbi, a freely eonvertible currency, the official China Daily reported yesterday. Yin Jieyan, head ot the Administration of Exchange Control, said China
          Bloomberg Business News  -  72 words
        • Article
          Lock icon Thai Farmers cuts lending rates
          74 12 Reuter BANGKOK The Thai Farmers Bank Ltd yesterday cut its prime and general lending rates by a quarter percentage point, effective tomorrow, and Bangkok Bank Ltd. the biggest Thai bank, said it plans to follow suit. Thai Farmers said its minimum lending rate and minimum
          Reuter  -  74 words
        • Article
          Lock icon Onward Kashiyama's straight bonds
          64 12 Reuter TOKYO Onward Kashiyama Co Ltd is planning to issue 10 billion yen each of two-year and three-year domestic straight bonds (SBs) late this month, a company spokesman said yesterday. This will be the first issue of straight bonds with a maturity of less than three
          Reuter  -  64 words
        • Article
          Lock icon Wardley appoints executive director
          57 12 Reuter HONGKONG Wardley Investment Services Ltd. part of HSBC Holdings, has appointed George Chan as executive director. He will head the institutional department with primary responsibility for business development and investment performance. Wardley said yesterday. He will initially focus on the domestic retirement fund market and
          Reuter  -  57 words
        • Article
          Lock icon East European banks agree on ECU use
          77 12 Bloomberg Business News BRUSSELS Ten banks from Central and Eastern Europe have agreed to use the European Currency Unit (ECU) as the unit of account and payment currency in a new payment clearing system, the European Commission said in a statement yesterday. The
          Bloomberg Business News  -  77 words
        • Article
          Lock icon Aussie forex reserves lowest in 5 years
          67 12 Knight-Ridder SYDNEY Australian foreign exchange reserves slumped to their lowest level in almost 5 years in January due to central bank purchases of about AS 1.4 billion, the Reserve Bank of Australia said yesterday. Foreign exchange holdings fell to USS 12.91 billion in
          Knight-Ridder  -  67 words
      • Article
        Lock icon Resources of M'sian banks expand by 7pc
        516 12 Bernama KUALA LUMPUR Commercial banks continued to expand in the third quarter of 1992 with their total resources expanding another 7.1 percent or MSI 1.3 billion (557.06 billion) to MS 169.9 billion at the end of September. The Bank Negara said in its
        Bernama  -  516 words
      • Article
        Lock icon Economists urge jittery Tokyo to capitalise on strong yen
        240 12 Reuter TOKYO Japan has shown some anxiety over the detrimental effects of "the mighty yen" but economists say officials should pay more attention to the brighter side of a stronger currency and formulate policies accordingly. "Japan must focus more on the
        Reuter  -  240 words
      • Article
        Krung Thai raising another US$100m loan
        265 12  -  By Quak Hiang Whai SINGAPORE Krung Thai Bank is borrowing another US$lOO million (*****.95 million) offshore, after raising the same amount just four months ago. The state-owned bank has awarded the mandate to seven institutions, aeeording to the international debt newsletter Basis Point. They
        265 words
      • Article
        Lock icon Thai cabinet approves setting up of exim bank
        119 12 AFP BANGKOK The Thai cabinet yesterday approved the establishment of the country's first export-import bank as a state financial institution with a capitalisation of US$lOO million (S$ 164.95 million). The proposal for the exim bank Mas put forward by the Finance Ministry
        AFP  -  119 words
      • Article
        Lock icon Bank of Tokyo fears Beijing's wrath over Taipei branch
        230 12 FT TOKYO The Bank of Tokyo is embarrassed by its success in winning Taiwanese government approval to open a branch in Taipei, because the bank fears that it may offend a Chinese government still sensitive about dealings with the "rebel province".
        FT  -  230 words
      • Article, Illustration
        Lock icon Japanese banks step up lending after ministry's instructions
        352 12 Knight-Ridder TOKYO Tsunco Wakai, chairman of the Association of Bankers Federations. Japan's leading banking lobby, said that commercial banks are now stepping up lending to small businesses following instructions from the Ministry of Finance last week. On Feb 8. Finance Minister Yoshiro
        Knight-Ridder  -  352 words
      • Article
        Lock icon Exporters to UK slow to hedge sterling risk
        638 12 Reuter LONDON Corporate treasurers at firms exporting to the UK are proving to be slow at coming forward to hedge their currency risk with options, bankers said yesterday The pound has dropped from more than USS2 and 2.8 marks last September to
        Reuter  -  638 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon National Mutual suffers 57pc surrender rate on policies
        374 13 Aussie govt fails in bid to block airing of programme on insurer Bloomberg Business News SYDNEY National Mutual Life, Australia's second-largest insurance and pension fund institution, suffered a 57 per cent surrender rate on its ordinary policies in 1992 more than twice
        Bloomberg Business News  -  374 words
      • Article
        Lock icon Russia set to raise prime lending rate
        173 13 Knight-Ridder MOSCOW The chairman of the Russian central bank said he was prepared to raise the prime lending rate in a move in line with attempts by the government to tighten credit and control inflation. Chairman Viktor Gerashchenko told a conference on regional
        Knight-Ridder  -  173 words
      • Article
        Lock icon Malaysia, Pakistan agree on palm oil joint venture
        267 13 Reuter KARACHI Malaysia and Pakistan agreed to set up a US$5O million (5581.5 million) palm oil storage and refining complex at Karachi, industrialist Basheer Janmohammad said. "We have finalised details and the agreement for the joint venture will be signed on Wednesday,"
        Reuter  -  267 words
      • Article
        Lock icon Mitsubishi extends US$25m loan to miner
        175 13 AFP TOKYO Japan's Mitsubishi Corp said it would extend a US$25 million (5540.7 million) loan to South Africa's Western Platinum Ltd to help expand its mines to meet growing demand. The loan will be the first large-scale investment by a Japanese company since Western
        AFP  -  175 words
      • Article
        Opec ministers agree on new output ceiling; crude oil futures stable
        356 13 Bloomberg ENERGY REPORT LONDON Iranian Oil Minister Gholamrcza Aqazadch said Opec ministers in Vienna had agreed to set a new output ceiling of 23.6 million barrels per day (bpd) yesterday. He emerged only briefly from the strategy talks that
        356 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        145 13 Another quiet uneventful day in the regions yesterday, with the market only slightly more activc than the previous day. 1.6510 again proved a difficult level to break in the Ss. Some commercial buying of US dollars at the opening took the dollar from an opening
        145 words
      • Article
        Lock icon London
        200 13 Reuter LONDON The dollar ended in London lower against major currencies yesterday. It finished at 1.6325 marks, 119.75 yen and USS 1.4475 to the pound compared with Monday's 1.6575, 121.06 and $1.4180 respectively. Foreign exchange dealers largely ignored a 10-minute televised address by US President Bill Clinton on Monday
        Reuter  -  200 words
      • Article
        Lock icon New York
        92 13 AFP THE dollar continued its slide against major currencies early yesterday in New York in light trading.' following President Bill Clinton's indication on Monday that he will raise taxes on the middle class. At about 9:45 am (1445 GMT), the dollar traded at 1.6455 German marks, down from
        AFP  -  92 words
      • Article, Illustration
        Untitled
        1512 13 I rodetftfhniJ index lukulatixi a«um\/ S'ptwe'% utp 14 naJint partners Base >war I9H.< USS/SS forward rates Noon Feb 16 s$ Bid Offer 1-month 1.6476 1.6491 2-month 1.646$ ***** J-month I 6455 1.6470 6-month I.642S 1644? Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10m jwMqt. Singapore dollars lo oae unit
        1,512 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end firmer on stronger bonds
        1504 14 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures ended firmer yesterday in line with rises in US bonds and ahead of President Bill Clinton's address to Congress today. Contracts were mostly in a range hut firmed as European investors emerged to buy in
        Reuter  -  1,504 words
      • Article
        KL tin price lower on absence of foreign participation
        1029 14 COMMODITIES REPORT rm THE price of tin eased one sen to close at MS 14.95 per kg on the Kuala Lumpur Tin Market on lack of buying interest yesterday. Dealers said there was not much interest in the market with the
        1,029 words
    • Article
      COMMODITY PRICES
      1750 14 Rubber IMS Commodity Exchange (futures dosing as at lpm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Feb 93 Z Z Z Mar 93 0.00 0.00 143 50 300 1.125 Apr 147.00 145.75 145.75 730 8.010 May 148.75 147.50 147.25 880 7.410
      1,750 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1209 15 15.6 THE share market soared to its highest level in nearly seven months alter investors began factoring in a coalition victory at the March 13 federal election. Brokers said olTshore and local investors are positioning themselves in bank stocks on the back of opinion polls showing the opposition consolidating
        1,209 words
      • Article
        Manila
        568 15 +6.99 Share prices closed higher on optimism about scheduled drill stem tests to be carried out at an oil well being drilled off the south-western island of Palawan. brokers said. The Manila Composite Index rose 6.99 points to finish at 1.413.08. Sentiment was buoyed by the planned drilling of
        568 words
      • Article
        Taipei
        572 15 -2.03 Stocks ended slightly lower on heavy profit-taking after recent sharp gains, although financials continued to rise strongly, brokers said. The Weighted Index ended 2.03 points lower at 3.874.73. Turnover was active at NT$3l.B billion but fell from Monday's NT544.7 billion. The financial sector surged 2.9 per cent with
        572 words
      • Article
        Seoul
        368 15 -5.30 Light across-the-board selling pushed the sickly stock market down 5.30 points to 672.22 in thin, featureless trading. Brokers said investors were unlikely to stir themselves from the sidelines in the absence of market moving factors and the lacklustre trend is hear to stay. "The weak period of consolidation
        368 words
      • Article
        New Zealand
        340 15 48.95 A dramatic rise in Telecom New Zealand's share price boosted the bourse 3.1 per cent to its highest close in 30 months. Telecom sparked the market rise in the morning when it announced it would lay off 40 per cent of its 12.700 stall over the next
        340 words
      • Article
        Bombay
        72 15 -7.5 The downward trend in stock prices continued yesterday. The BSE Index lost 7.5 points to end at 2.632.85 while the National Index lost 14.9 at 1.182.87. A trader attributed the dull condition to continued political uncertainty regarding the militant stance of the pro-Hindu Bharatiya Janata Party. Investors fear
        72 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        829 15 Britannia Funds Sterling ash Bid (Mfci Mim jp DrftKii **00 M <'1)0 Mint Jit<o (>ik «0|1T» Mini Mj\ liwume 1.0100 I 0*00 l'» < ash liw.ime Plu% Fund •lO^WO PS S RfM-rM- J uivl 5 1*10 «2000 sterling KquiH Fuio Peilurnuiwc 04M3 O.-WN) F» Fjm Fund *2 'MO *2«?20 Man
        829 words
      • Article
        London
        610 15 -33.7 Shares ended sharply lower yesterday, dragged down by a sell-oft in the US where uncertainty over President Bill Clinton's economic plan hit sentiment, dealers said. But they noted selling pressure in London was not great and said the fall in the Dow Jones had also been used as
        610 words
      • Article
        Paris
        117 15 -21.32 Wall Street's 2 per cent morning drop wrenched the CAC-40 out of its 1.8901,910 trading range to its lowest close since the Bundesbank's Feb 4 rate cuts. If Wall Street steadies dealers said the bourse will regain its composure, possibly rising in today's trade. If not. French shares
        117 words
      • Article
        Stockholm
        125 15 +0.04pc Swedish share prices closed mixed yesterday after technical problems interrupted trade for two hours during the afternoon. Even though most sectors rose, lead by construction and real estate, the bourse's overall rise was braked by profit-taking, mostly among forestry and industrial companies. The all-share index edged up 0.04
        125 words
      • Article
        Frankfurt
        190 15 0.49 German shares closed just fractionally below Monday's closes as investors took profits and consolidated recent gains, share traders said. The DAX Index of 30 leading shares ended less than a half point lower at 1.664.22 after a 1.664.71 Monday finish. From a fundamental point of view, prices should
        190 words
      • Article
        Brussels
        129 15 -3.48 Belgian shares closed marginally lower yesterday and dealers said many investors had shifted their attention from subdued Belgian stocks to South African gold shares. The Bel-20 Index of leading shares closed 3.48 points, or 0.29 per cent, lower at 1,207.57 points, with 876 million francs worth of shares
        129 words
      • Article
        Milan
        180 15 Italian shares closed the first day of the March account little changed as profit-tak-ing ate into the gains that would normally have been expected at the beginning of a new trading period. The MIB all-share index closed Hat at 1.105. All eyes were once again on Fiat shares, which
        180 words
      • Article
        Amsterdam
        268 15 -2.7 Pushed by a strong mark. Dutch shares lost their tenuous grip on the psychological EOE 300 level, tumbling fast by the close yesterday. "We are really in a tense situation. Either we hold current levels and go through to 302, or we slip back." one dealer said earlier.
        268 words
      • Article
        Zurich
        248 15 -7.3 Swiss shares closed lower yesterday, hit by the lower dollar and Wall Street's weakness on concerns ahead of President Clinton's economic address, dealers said. The all-share SPI slipped 7.3 points to 1.293.8. Multinational firms and banks were the chief victims. Nestle bearers eased 15 Swiss francs to 1.093
        248 words
      • Article
        Johannesburg
        281 15 33 South African gold shares ended sharply higher yesterday. but off their peaks of the day. ahead of an anticipated continuation of interest from New York. Dealers said speculators had bought shares in the hope that last week's heavy interest continued, although fears that US stocks would slide had
        281 words
      • Article
        Toronto
        304 15 -3.36 Toronto stocks followed Wall Street lower early as US President Bill Clinton's Monday address sent jitters through both markets. The TSE-300 Index fell 12.62 to 3.429.57 on volume of 10.49 million shares valued at CSI 11.55 million. Declines outstripped advances 190 to 160. with 227 issues unchanged. On
        304 words
      • Article
        New York
        798 15 -56.49 Wall Street share prices stabilised somewhat by midsession yesterday after falling sharply during the morning amid concern over President Bill Clinton's remarks on Monday on his economic plan. At 11:30 am (1630 GMT), the Dow Jones Index of 30 leading industrial shares was down 56.49 points, or
        798 words
    • Article, Illustration
      Lock icon HONGKONG
      2750 16 AFP THE surge in share prices following reports of an early resolution to a SinoBritish row shows the bourse is like a race horse poised for the starting gun. analysts said yesterday. Fundamentals are strong and so the market is full of "pent-up energy", with funds waiting to get
      AFP; Source: Bridge Info  -  2,750 words
    • Article, Illustration
      CHINA
      476 16 THE A shares in Shanghai edged down 160.55 points yesterday to drive the Shanghai A Index to 10,097.46. Although the domestic shares' turnover was a reasonable 42 million shares, the proposed 12 new A share listing seems to be capping sentiment. The Shanghai B shares managed to notch up
      476 words
    • Article, Illustration
      Lock icon TOKYO
      2518 16 Reuter STOCKS ended lower on arbitrage unwinding and profit-tak-ing. with the Nikkei average below a psychological support of 17,000. Public pension fund buying is likely to limit further falls, but there is heavy resistance on the topside, brokers said. "It has been fairly predictable recently that, when the market
      Reuter; Source: Bridge Info  -  2,518 words
    • Article, Illustration
      Lock icon BANGKOK
      1877 16 AFP THE SET Index slumped 11.68 points yesterday to close at 986.65 points, affected by insecurity over the future of ailing Finance company First City Investment (FCI). brokers said. A total of 97 million shares worth 8.4 million baht changed hands, up from the 88.8 million shares traded on
      AFP; Source: Bridge Info  -  1,877 words
    • Article, Illustration
      Lock icon JAKARTA
      854 16 Reuter DEMAND FOR Astra and banking stocks remained high but brokers said most other shares were likely to settle or fall after the recent sharp rises. The Official Index ended 0.22 point up at 301.99. "Overall the market will continue to consolidate. Prices have been going up too fast."
      Reuter; Source: Bridge Info  -  854 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2522 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Kcnons Bhd 50c 16.425.000 Fabcr Group 5,158.000 Mulpha Iml 50c 4,255.000 Set Properties 3,876.000 Muht-ntrpoK 3.843.000 Asia Pac Ld 50c 2.854.000 Tongkah Hldgs 2,617,000 KL Industries 2.293.000 Promct 2.046.000 Tech Resources 1.905.000 Metrople* 50c 1.748,000 Set Drcdg 50c 1.545.000
      Source: Bridge Info  -  2,522 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Situational stocks surge but blue chips languish
        4834 17 Bernama KUALA LUMPUR Strong buying support for situational stocks saw the local bourse close on a mixed to slightly steadier note yesterday. The KLSE Composite Index closed 0.10 of a point higher at 635.01 and the all-share Emas Index added 0.29 of a
        Bernama; Source: Bridge Info  -  4,834 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Late rally pushes prices higher
        1038 18  -  By R Sivanithy SINGAPORE A late rally in index-linked stocks yesterday helped share prices to close firmer in heavy trading. In the morning session, investors focused on speculative Malavsian counters and Sesdaq. But in the afternoon, they switched suddenly to buying index-linked stocks. All major
        Source: Bridge Info  -  1,038 words
      • Article, Illustration
        Lock icon FELS
        62 18  -  HOT STOCK Quak Hiang Whai HAVING risen from as low as $2.40 late last year to $3.94, a correction in the price of Far East Levingston Shipbuilding appears imminent. The daily and weekly stochastics have almost reached 100. So have the daily and weekly RSIs which have reached heavily
        SOURCE: BRIDGE INFO  -  62 words
      • Article
        Untitled
        5845 18 fMAH BOARD Gr Gf WMJ Lax Vol Day Lax Ok* Dh D*« YU Nd M Cap High Low Coopaay Salt C000) II«h Low Bayer Setter O S P/E Sail INDUSTRIAL AND COMMERCIAL 290 170 Acma 290 unch 265 290 285 289 290 12.2 2.1 4.2 16.8 179.0 210 210 s
        5,845 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      185 9 A Special Invitation to all Companies and Organisations. NO PASSPORTS, NO CUSTOMS OFFICERS, NO LUGGAGE CLAIMS, NO AIRPORT TRANSFERS, NO AIRSICKNESS, FOR YOUR COMPANY GATHERINGS AT THIS PARADISE RESORT. flPiiiiliL \S But YES to a distraction-free seminar, YES to a team of fully attentive participants (now, isn't that money well
      185 words
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      56 10 IP jk OFTHEPLAZA V 1& D7MNG Vul" AT THE TOPIN TOWN 1^060!?) 3.7.«&,;; a OVERLOOKING p9>"!rsh!!" a THEWHO^^^NGAPORE TOP N> VIEW IN SINGAPORE TOP FOOD QUALITY TOP LECTION OF INNOVATIVE DISHES FRESHNESS OF SEAFOOD TIM-SUM MAKERS CHEFS IN CHINESE CUISINE SIGNERS' INTERIOR FURNISHINGS Why not try even 1 SUNDAY at
      56 words
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      145 11 Shellharbour Square SHOPPING CENTRE AUSTRALIA W s mm HjV m <$0. HMH For Sale By Private Treaty Major Regional Shopping Centre located in Interested parties should contact a leaJing growth area on the New South Roger Fairweather or Jim Birtwistle: Wales Coast. Byvan Management (NSW) Pty. Ltd. National tenants include
      145 words
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      114 12 23 Hotels In Major North American Cities Sold in individual lots, reserve priccs range from USS2 million to US$2O million. Finance available for most properties Over 6000 rooms available with or without management Substantially below replacement cost Locations include: San Francisco San Diego Atlanta Dallas Los Angeles Us Vegas Toronto
      114 words
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      181 13 1993 BUDGET SEMINAR AND TAX UPDATE MONDAY, 1 MARCH 1993 BALLROOM 2, SHERATON TOWERS 4.00 PM TO 6.30 PM Our Budget Team will be working throughout the weekend to analyse the contents and effects of the Singapore 1993 Budget on you and your business. We will share with you our
      181 words
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      74 14 iflif I lil (h llf* II L*J IfSllß New Year Special! NEW INVESTMENT SYDNEY CBD NETT YIELD Fully leased till 2003 8% p.a. rental growth from 1994 Asking price $4,588,000 Single tenant Significant depreciation Contact Ashley Wee/Jim Williams Set Lunchs9++ Set Dinner $13.50++ Sukiyaki Barbecue Shabu Shabu RESTAURANT KPBE Tel:
      74 words
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      Page 14 Advertisements Column 2
      19 14 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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      Page 16 Advertisements Column 1
      21 16 Johnston Murphy® A heritage of excellence since 1850 Isetan Havelock Isetan Orchard Robinson Gaieties Lafayette Lumpur Isetan Jakarta: SOGO Dept. Store
      21 words
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      61 17 IN SHARE FINANCING, COUNT THE COUNTERS AT CITIBANK. Through our Equity Investment Unit. Citibank not only offers you more counters to choose from, but higher counter limits. And one of the highest leverage factors. To get your share, just call our 24-hour C itiPhone Banking toll-tree on (1800) 225-5225. now.
      61 words
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      41 18 Your Portfolio... Mondial. The source for the acquisition of internationally certifiedG./.A.,H.R.D. jrc.J9| and 1.G.1. diamonds emeralds I an d other gemstones. I H^HjJ Main Showroom: Mondial Promenade 300 Orchard Road 001-06 The Promenade Singapore 0923 Tel. 734 2033/4 Fax: 737 5138
      41 words
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  • SPORTS
    • Article, Illustration
      Murugiah wants to put bad year behind
      529 19  -  Malaysian Open preview Golf By Shahiron Sahari SINGAPORE M Murugiah, Singapore's sole representative at the Malaysian Open starting tomorrow, is just "glad to be alive". Not that he had a "near death" experience or some such calamity; it is merely that his form
      529 words
    • Article
      Lock icon The myth of coach as educator
      674 19  -  William C Rhoden on the coaches' insensitive approach William C Rhoden NYT NEW YORK Last month in Dallas, Mike Krzyzewski, Duke's head basketball coach, received a chilly reception from delegates to the National Collegiate Athletic Association convention. The brief interaction underlined a gap in
      NYT  -  674 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        245 19 AP Reuter NEW YORK Results of National Basketball Association games played Monday: Chicago Bulls 119 Sacramento Kings 101; Cleveland Cavaliers 110 Indiana Pacers 105; Miami Heat 130 Denver Nuggets 129 (OT2); Utah Jazz 112 Minnesota Timberwolvcs 91; Milwaukee Bucks 128 Charlotte Hornets 122; San Antonio Spurs 102 Los Angeles
        AP; Reuter  -  245 words
      • Article, Illustration
        Lock icon Cricket
        186 19 Reuter NEW PLYMOUTH, New Zealand Scoreboard on the first day of the three-day cricket match between the New Zealand Board XI and Australia yesterday. New Zealand Board XI first innings: B Hartland b Hughes 6; M Greatbatch b S Waugh 21; A Jones c Hughes b S Waugh 10;
        Reuter  -  186 words
      • Article, Illustration
        Lock icon Cycling
        67 19 AP ZACAIECAS, Mexico Monday's results of the second stage of the Mexico "93 bicycle road race, covering 218.50 km. I. Juan Francisco Villalobos (Mcx) 6 hr 12 min 6 sec 2. Laurent Fignon (Fra) 6:12.14 3. Rajmuncl Lchnert (Ger) 6:12.35 4. Pcllo Cabcstany (Spn) 6:12.35 5. Andrea Chirrato (Ita)
        AP  -  67 words
      • Article, Illustration
        Skiing
        139 19 MORIOKA, Japan Collated medal winners at the 1993 Alpine skiinß world championships last weekend. Men: Downhill I. Urs Lehmann (Swi) 2. Atlc Skaardal (Nor) 3. A.J. Kitt (IJS). Combined: 1. Lasse Kjus (Nor) 2. Kjetil Andre Aamodt (Nor) 3. Marc Girardelli (Lux). Giant slalom: I. Aamodt 2. Rainer Salzgeber
        139 words
      • Article, Illustration
        Lock icon Tennis
        192 19 AP AP Reuter PHILADELPHIA Results Monday from the *****0.000 US Indoor championships at the Spectrum (US unless stated, seeding* in parentheses) Singles, first rd: Amos Mansdorf (Isr 8) b David Whcaton 4-6. 7-5. 6-3: Richey Rencberg b Brad Gilbert (7) 6-2, 6-2; Andrei Chesnokov (Rus) b Patrick McEnroe 6-2,
        AP; Reuter  -  192 words
    • Article, Illustration
      Lock icon It took humility, discipline to reach the top, says sumo star
      568 19  -  Ruth Youngblood on Chad Rowan's ascent to vokozuna Ruth Youngblood UPI TOKYO US sumo sensation Chad Rowan remembers crying every night from loneliness for his native Hawaii when he first embarked on his assault of Japan's ancient national sport
      UPI  -  568 words
    • SIDE LINES
      • Article
        Lock icon Golf event back in Jamaica at year-end
        97 19 AP LONDON The Johnnie Walker World Championship of golf will return to Montego Bay. Jamaica, from Dec 16 to Dec 19 this year. There will be no change in the format and prize money will remain at US$2.7 million (554.4 million), with U*****,000
        AP  -  97 words
      • Article
        Lock icon Japanese league adopts sudden-death
        97 19 Reuter TOKYO Japan, worried that fans may be bored by draws in their new soccer league, are going ahead with plans to use sudden-death and penalty shoot-outs to decide all games. "Throughout the world, there are so many games ending in draws that soccer fans get
        Reuter  -  97 words
      • Article
        Lock icon Indian team to sue over cheating claim
        77 19 AFP BOMBAY Indian cricket manager Ajit Wadekar said yesterday his team was seeking legal action against some British tabloids for accusations of "cheating" made against them. "This is a slur on us," Wadekar said, referring to reports that his team had cheated its
        AFP  -  77 words
      • Article, Illustration
        Prost all set to go
        33 19 ESTORIL French driver Alain Prost who will be racing with the Williams Renault team this season preparing for a lap on the Estoril race track on Monday morning.
        33 words
      • Article
        Lock icon Fifa wants women's soccer at Olympics
        80 19 Reuter ZURICH World soccer's governing body wants a women's tournament at the 1996 Atlanta Olympics. Fifa chief executive Sepp Blatter said yesterday: "We have worked on this for a long time. The US women won the inaugural world championship in China in 1991. The
        Reuter  -  80 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      240 19 NOTICES NOTICE Of FINAL MEETING THE COMPANIES ACT, CAP. SO NAI TIN MARINE EQUIPMENT PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Nolle* hereby given pursuant lo Section 306 ol The Corrpanie* Ad. Cap SO that the Final Meeting of Members of the abovenamed Company will be held at 6001 Beach Road
      240 words
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      Page 19 Advertisements Column 2
      335 19 M THE MATTER Of THE COMPAMES ACT, CHAPTER SO AND M THE MATTER Of KAYTROMCS PTE LTD At an Extraordinary General Meeting ol the Company held on Thursday. 11 February 1993 at 6 Jalan Kilang Timor, 004-01 Kewalram House. Singapore 0315 at 2 00 pm, the toMowmg resolutions were passed
      335 words
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      Page 19 Advertisements Column 3
      339 19 M THE MATTER Of THE COMPAMES ACT, CHAPTER SO ROSSMMPTELTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at 36 Rotxnson Road. *15-00 City House. Singapore 0106 on 10 Feb 1993. the following resolutions were duly parsed 1 SPECIAL RESOLUTION WIHPtNG-UP Thai the Company
      339 words
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      309 19 PUBLIC BANK BERHAD U5575,000,000 Negotiable Floating Rate Certificates of Deposit due February 1996 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the Interest Period from 17 February, 1993 inclusive to 17 August, 1993 exclusive the Interest Rate applicable to the Deposits is
      309 words
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      1259 20 EN9 Nothing Beats A Bud. OF BUD LIGHT WHERE TO WINE, DINE AND ENTERTAIN A "Heavenly" Feast Scrumptious Sichuan cuisine. Rich piping hot steamboat. Delicate Yangzhou Dianxian. Mon Sat 11 .30 am to 2.30pm Sun 10.30 am to 2.30pm Kings MOT!I*MNC*PTMt Havelock Road, Singapore 0316. Tel: 733 0011 I MIMKR
      1,259 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon One man's burning passion
      985 21  -  In his book, Massimo Fini sets out to prove that Nero was no arsonist. Stephen Addison reports Stephen Addison Reuter Emperor Nero (54-68 AD) was a preening tyrant who fiddled while Rome burned and was beastly to the Christians, right? Wrong, says a new book published
      Reuter  -  985 words
    • Article
      Bardot reins in French rodeo
      397 21 CHATTERBOX BRIGITTE BARDOT, the French film star and animal rights activist, has asked the mayor of Toulouse to ban a scheduled rodeo. "Rodeo is to the United States what bullfight is to Europe: a ludicrous and cruel exploitation of animals which honours neither those who
      397 words
    • Article, Illustration
      Lock icon Cuban connections
      45 21 Reuter HAVANA US jazzman Roy Ayers singing on Sunday at the Havana International Jazz Festival where he and his group are among invited guests. They are due to give several concerts this week on the Communist-ruled island, appearing alongside Cuban jazz artists. Reuter
      Reuter  -  45 words
  • Page 21 Advertisements
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      129 21 PROMOTION Ist to 28th Feb '93 (except Valentine's Day) Let Nishiki enhance the taste of the Kobe Beef the way you choose. Sashimi $35 per portion Teppanyaki $75 per portion Shabu-Shabu $65 per portion For reservations, please call our Restaurant Manager at 322 4224 (Direct) or 221 2811. Our rwfcmrjnls
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  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      1203 21 TV RADIO I of Honour, 10.30pm, SBC 5 jßk When troops arc wiped out by Chinese. Sergeant Sire finds depenloyalty two jm^_ true story of a survivor of the Korean war. ~mf J this MeGil. Ron Yoo f ~">X. Hey Young Lee. Travels Europe: Amsterdam I 9.00pm, to the "*s
      1,203 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      How Asia should deal with China's zig-zag foreign policy
      1563 22  -  Change and diplomacy in East Asia Special to BT ZHAO QUANSHENG ZHAO QUANSHENG The writer is director of the Institute of Asian Studies at Old Dominion University, Virginia, United States TRENDS in China's recent foreign policy seem set to continue into
      1,563 words
    • Article, Illustration
      Asean-China ties entering new dawn?
      1123 22  -  Some states see China as an opportunity, others see it as a potential threat Special to BT LEO SURYADINATA LEO SURYADINATA The writer is a senior lecturer with the Political Science Department. National University of Singapore THE collapse of communism and the end of the
      1,123 words
    • REGIONAL WHISPERS
      • Article
        Chan Heng Chee as new Iseas director?
        95 22 THE WORD is that Professor Chan Heng Chee will be the new director of the Singapore-based Institute of Southeast Asian Studies (Iseas). Prof Chan now runs the Singapore International Foundation (SIF)- Apparently, Prof Chan will head Iseas and SIF concurrently. Prof Chan was
        95 words
      • Article
        Unsettling deal for Du Pont
        91 22 IF YOU'RE thinking about developing land in Pudong. learn a lesson from Dupont's experience or you could end up having to clear not just the land but also the people living on it. Du Pont was among the first companies to respond when the Shanghai
        91 words
      • Article
        Miyazawa's US visit — the earlier the better
        101 22 Miyazawa's US visit the earlier the better SEVERAL INTERESTING stories are making the rounds in Tokyo following the surprise announcement that Japanese prime minister Kiichi Miyazawa's postponed visit to Washington will take place next month. Diplomatic sources in Tokyo tell us that Mr Miyazawa was persuaded to fly to Washington
        101 words
    • Article, Illustration
      The rise of the Asian MNCs
      1887 23  -  Changing trends in East Asian Business Special to BT LEE TSAO YUAN LEE TSAO YUAN The writer is deputy director of Singapore 's Institute of Policy Studies. The views-expressed in this article are personal IN THE 1990s and beyond, we are likely to witness
      1,887 words
    • Article, Illustration
      Socialism that works — the market economy way
      1094 23  - Socialism that works the market economy way Yong Pow Ang looks at a company at the forefront of China's reforms Yong Pow Ang The writer. BT's China Correspondent, visited Shenzhen reeentlv THE Communist Party of China, at its recent congress, endorsed the socialist market economy as the main thrust of
      1,094 words
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  • Page 23 Advertisements
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      60 23 Ten years from now the Focus* Attache will still be ahead of its time. For successful executives, the innovative briefcase: Focus? from Samsonite. Futuristic European design. Highly functional. Durable. O Samsonite Our Strengths Are Legendary Tiadrmarkiunt smmmmtoupnratam At department stores and luggage shops Samsonite Travel Service Centres: *04-37 Shaw Centre.
      60 words
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  • Article
    A useful breather in KL
    523 24 EDITORIAL THE OFFICIAL word is finally out. The Malaysian economy grew only 6.4 per cent in the third quarter of last year, confirming weeks of talk about a possible general slowdown after the second quarter's 8.8 per cent growth. Almost anywhere else in the world,
    523 words
  • WHAT THE OTHERS SAY
    • Article
      New passage to India
      284 24 THE JUST-CONCLUDED visit to India by the Minister for Information and the Arts, BG (Res) George Yeo, is an important step towards building Singapore's relations with India. It reflects the country's desire to promote ties with South Asia as a whole, as part of its policy
      284 words
    • Article
      Every pupil our asset
      176 24 PARENTS SHOULD feel relief that the Ministry of Education will be working closely with the three com-munity-based organisations, Mendaki, CDAC and Sinda, to address the problems of school dropouts. Not all of them are hopeless cases, as with evidence from the recent story of a school
      176 words
    • Article
      Prerequisites for GST
      235 24 CONSUMERS MUST understand that in a society in which there is no shortage of goods and services, the most important influence on the market is their understanding and choice. Despite the fact that a consumers' association has been in existence in Singapore for some time, the man-in-the-street
      235 words
    • Article
      A child's rights
      153 24 STATISTICS IN THE Population Census Report 1990 showed that 43,000 children between 10 and 14 years old were employed. But today, no one knows exactly how many children are employed in the underbelly of the country's economy. The frightening reality is that we have no current national
      153 words
    • Article
      Welcoming peace laureates
      194 24 SAWASDEE TO THE eminent group of Nobel Peace Prize winners now arriving in Bangkok. This select group of people has come to our country to note the absence of one of their members. Aung San Suu Kyi, elected the political leader of Myanmar nearly three years ago.
      194 words
  • Article, Illustration
    Lock icon A woman's touch
    840 24  -  Sue Baker examines the stamp of authority that Britain's first woman Speaker has left on the House of Commons Sue Baker Reuter BRITAIN'S first woman Speaker of Parliament has cast aside one of the 600-year-old job's symbols of authority, proving she does not need to wear a
    Reuter  -  840 words
  • Page 24 Advertisements
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      305 24 HERWORLD presents SINGAPORE'S SECRETARY fl OF THE YEAR An Award for Outstanding Achievement Over the past seven years this prestigious award has earned a reputation as the supreme accolade for the executive secretary who outshines all others. Recognising the vital role the secretary plays within any Based on this criteria
      305 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      66 24 lo&vtoasLy &OH£ TO iHe GfceMl p,s or\ 2S rS?? lunch-nme &in in-rv<e s<yT.... J sa* s &B!i?o MM J cr*"*- 18 A sij) /(.**Ofe w r -J -Vz-Mv^^Oy^ DOONESBURY GARRY TRUDEAU S V %JSV i GPPT I'VE N6VBR ACTUALLYKHOUJN HMM... L£MM£ 988...UJH0 THIS IS A fHTI&iC£, ufueiß m3rrkir*ii ANY REAL
      66 words
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  • ANALYSIS
    • Article
      Lock icon Chaos in corporate America
      809 25  -  Instability fuelled by fast-changing markets is contributing to the business turmoil in the US. Steve Lohr reports Steve Lohr NYT WHEN THE takeover raiders finally left the stage at the end of the 1980s, things were supposed to calm down in corporate America. But the steady
      NYT  -  809 words
    • Article, Illustration
      Helping S'pore companies to spread their wings
      1176 25  -  TDB Holdings is taking a stake in an investment holding company so as to obtain first-hand information about business opportunities in China for Singapore firms. Yong Pow Ang reports from Beijing Yong Pow Ang The writer is a BT correspondent specialising in Chinese
      1,176 words
    • Article, Illustration
      Lock icon Making a killing from sanctions
      1067 25  -  Despite the economic turmoil and sanctions in their country, a number of Yugoslavs have managed to strike it rich. Chuck Sudetic reports Chuck Sudetic NYT ASK Dafina Milanovic what she thinks of the UN economic sanctions against Yugoslavia and chances are that in a candid
      NYT  -  1,067 words
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  • Article
    Lock icon Yeltsin calls emergency session of congress to end power struggle
    501 26 Holidaying President returns to Moscow to meet rival Reuter AFP MOSCOW President Boris Yeltsin yesterday called for an emergency session of Russia's supreme legislature, the Congress of People's Deputies, to end a power struggle crippling the country. A statement from
    Reuter; AFP  -  501 words
  • Article
    Lock icon Opec to cut one million barrels per day from current ceiling, says Iran
    308 26 Reuter VIENNA The Organisation of Petroleum Exporting Countries has agreed to limit its overall oil output to 23.582 million barrels per day (mbd), but negotiations are continuing on conditions sought by Kuwait. Iranian Oil Minister Gholamreza Aghazadeh,
    Reuter  -  308 words
  • Article
    Lock icon Ghafar warns rulers not to renege on agreement
    183 26 Reuter KUALA LUMPUR Malaysia's Deputy Prime Minister Ghafar Baba warned the country's nine sultans yesterday not to renege on their agreement to constitutional amendments to remove their legal immunity. "(The) rulers must show a good example," Mr Ghafar was quoted as saying
    Reuter  -  183 words
  • Article, Illustration
    Lock icon Kohl to stress economic ties in his two-week Asian tour
    531 26 Reuter BONN Chancellor Helmut Kohl, who leaves tomorrow for his first Asian tour since German unification, aims to stress the importance of economic ties between Europe's biggest economy and the fast-growing markets of the East. Mr Kohl's two-week trip will
    Reuter  -  531 words
  • Article
    Lock icon Khmer Rouge urges UN to cancel elections set for May
    243 26 Reuter BANGKOK Cambodia's Khmer Rouge guerilla faction has urged the United Nations to cancel elections scheduled for May, saying holding the polls would be "tantamount to handing Cambodia to the Vietnamese". The Khmer Rouge's radio broadcast the text of a
    Reuter  -  243 words
  • Article, Illustration
    Lock icon UN chief urges Japan to play bigger role in peacekeeping
    406 26 Reuter TOKYO United Nations Secretary-General Boutros Boutros-Ghali yesterday asked Japan to play a bigger part in world peacekeeping, saying this would help counter complaints that the world body is dominated by the US. But Japanese Prime Minister Kiichi Miyazawa. facing
    Reuter  -  406 words
  • Article, Illustration
    So, will they, won't they join the community?
    815 26  -  The Bottom Line MICHAEL HINDLEY MICHAEL HINDLEY The writer, a Briton, is a member of the European Parliament. THE three most likely next "entrants" to the European Community are Finland. Sweden and Austria. Their governments want membership and they have aceepted the
    815 words
  • Article
    Lock icon Keating, stung by bad polls, goes on offensive
    264 26 Reuter MELBOURNE Australian Prime Minister Paul Keating, stung by polls showing his Labor government heading for defeat in the March 13 election, was back on the attack yesterday. On the campaign trail in the recession-hit state of Victoria, Mr Keating shed the
    Reuter  -  264 words
  • Page 26 Advertisements
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      72 26 Tomorrow in Business Times 11 JTtofM Por I hose With Curiffl The unique blend of Western cuisin ami Oriental recipes to tantalise difference. Savour unusual concoctions with the likes w. jmA Mors l)"()eu\re (smoked salmon, shrimp, barbecued minced pork century (chicken JH k fl v. m Kl W m B.
      72 words
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      Page 26 Advertisements Column 2
      4 26 Tomorrow in Business Times
      4 words
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  • SHIPPING TIMES
    • Article, Illustration
      Call for review of safety measures in Malacca Straits
      575 27  -  By Juliette Walker SINGAPORE Communications Minister Mah Bow Tan yesterday called for continued vigilance against piracy and a thorough review of existing safety measures for shipping in the Malacca Straits. The minister's comments came as an interesting preamble to a meeting
      575 words
    • Article
      Lock icon France bans own ships from Bonifacio straits
      152 27 Reuter PARIS France, wary of an oil spill in the Mediterranean, has banned its oil tankers from the Bonifacio straits between Corsica and Sardinia and urged Italy to follow suit with its own ships. The Ministries of the Environment and Maritime Affairs said
      Reuter  -  152 words
    • Article, Illustration
      Lock icon Chinese in East Wood could have died: Coast Guard
      523 27 AP KWAJALEIN ISLAND, Marshall Islands More than 500 Chinese being smuggled to America in the locked hold of a cargo ship would have died without the intervention of the United States, a Coast Guard official said on Monday. Some 400 of
      AP  -  523 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1154 27 Page Col ABC Containerlme 12 1 Accord Group 8 1-3 •Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 •ANL 3 1/2 •APL 5 3-5 •Arrow Trans 16 5 •ASCL 5 5 •Asian Breakbulk 16 5 •ASXCLShpg 15 2 Avant Shpg
      1,154 words
    • Article
      Lock icon Persian Gulf ULCC rates fall
      223 27 Knight-Ridder LONDON Rates tumbled for ultra large crude carriers (ULCC) from the Persian Gulf, but very large crude carrier rates remained steady. The Saudi Arabian charterer Vela took the Red Seagull for a Feb 25, 380.000-tonne cargo from the Persian Gulf for Red Sea discharge
      Knight-Ridder  -  223 words
    • Article, Illustration
      Philippines finalises sale terms of largest shipyard
      896 27  -  But officials wrangling over who has right to sell From Al Labita in MANILA FINANCE officials have finalised the terms of the sale of the Philippines* largest shipyard, but the only remaining kink, they say. is the bureaucratic wrangling over its privatisation. Two
      896 words
    • Article, Illustration
      The old continent and the sea: drifting apart
      1228 28 Europe has yet to take action to improve the competitiveness of its maritime industry and cooperation between members continues to be lacking in this area THE NEW appointments effected at the beginning of the year in the competition and transport departments of
      1,228 words
    • Article
      TRANSPORT DIARY
      879 28 COURSES 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. Feb 22: Multilateral Aviation in the 1990's Conference organised by IBC Technical Services Ltd. For enquiries, please call: 732-1970 or fax: 733-5087.
      879 words
    • Article
      DAILY FREIGHTS
      791 28 French charterer Cam Cereales denied broker reports that it had fixed a vessel for second half of February to carry 25,000 long tons of grain from the US Gulf to Algeria at U5527.50 per tonne. "It is wrong information. Cam has never made such a fixture," the firm
      791 words
    • Article
      THE SHIPPING GUIDE
      11766 36 1 his 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 Pcnang
      11,766 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        406 43 V««d Voy Wo B«rto frrfrd D^xvtLr« Jtirong Port Gena 100/93 12 alongside 17.12/1900 Golden Front* 26 J7 alongside 17 12/2000 Lion Valour J12 alongside 1712/0900 Never on Sunday 1 J5 alongsde 1712/2300 0-TSU 1 003 J5/6 alongside 17.12/1200 Svendtorg Gate OS 1 12 alongside 17.12/1200 Hely Batam
        406 words
      • Article
        MALAYSIAN PORTS
        224 43 I ALa. A A jpworg rw i Berth: 1: Nil; 2: Banghhunon; 3: Nil: 4: Nil; 5: Flag Chios; 6: Dragon Sumatera. 01 jetty: Nil. DCh Pemas Propane, Gtona. Due on Feb 16: Kifchem Adriatic, Johan Pearl. Pan Pond. Bunga Meiati, Bunga Kenuinmg, Kris Lemona. Due on Feb
        224 words
      • Article
        CONTAINER SCHEDULES
        1334 43 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Sfy Voy No Contanen ivatabte Sty Voy No Contanen niaUt Optima 832 COO(EST) 16 02 93 2300 Laos! Ms 9303 COO(EST) 15.02.93 2300 D Sumatra 96S COO(EST) *****3 2300 Anes 9315A COO(EST) 16.02.93 1130 Kurna Samud 965A COO(EST) 16.02.93 2300 Hansa
        1,334 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        TNT to stop Indian courier from using Skypak name
        430 46  -  It also accuses Skypak of downplaying dispute to raise 58m rupees From Neel Patri In NEW DELHI THE not-so-happy separation between TNT Express Worldwide and India's Skypak Couriers Limited last year continues to haunt the Indian company. TNT has challenged the
        430 words
      • Article
        Lock icon Probe into Lufthansa hijacking opens
        197 46 AP FRANKFURT, Germany Prosecutors have opened a criminal investigation of the security lapse that let an Ethiopian carry a pistol onto a Lufthansa airliner and hijack it to New York last week, a spokesman said on Monday. The probe could lead to a charge of
        AP  -  197 words
      • Article
        Lock icon US-made Mazdas may be exported to Europe
        274 46 Reuter BRUSSELS Japanese carmaker Mazda is considering exporting cars to Europe from a US plant as a possible alternative to setting up joint manufacturing operations within the European Community, Jun Watanabe, general manager of Mazda Motor Europe said on Monday. "We are studying
        Reuter  -  274 words
      • Article
        Lock icon Car industry's demand for aluminium to soar
        172 46 Knight-Ridder LONDON Total shipments of primary and secondary aluminium to the auto-making industry in Europe, the US and Japan are set to more than double in the period from 1990 to 2006, according to a study by the London-based Commodities Research Unit (CRU)
        Knight-Ridder  -  172 words
      • Article
        Lock icon 3 Japanese airports to upgrade landing systems
        265 46 NYT TOKYO The Transport Ministry will introduce better instrument landing systems at Narita airport, serving Tokyo, and two other airports in 1995, according to ministry officials. The new systems will enable aircraft to land at these airports even if visibility is only 200
        NYT  -  265 words
      • Article, Illustration
        Lock icon Mourning for the Romanian aviation industry
        74 46 Reuter BUCHAREST, Romania Unemployed workers from the airplane factor) in Bacau, 280 km north of Bucharest marched in icy weather on the capital's streets carrying a cross and a coffin as a symbol of the death of the Romanian aviation industry on Monday. They
        Reuter  -  74 words
      • LOG BOOK
        • Article
          Lock icon Japan to study tanker accidents
          76 46 AFP TOKYO Japan's transport and trade ministries said on Monday they would set up an expert panel this month to discuss possible measures to stop maritime accidents involving oil tankers. Experts from both ministries and representatives from shipping and petroleum industries will participate in the
          AFP  -  76 words
        • Article
          Lock icon New Niigata-Vladivostok flight route
          64 46 AFP TOKYO Japan's transport ministry approved on Monday an application by the Russian airline Aeroflot to begin regular flights between Niigata in central Japan and Vladivostock in the Russian Far East. The approval came after Japan and Russia agreed last November to open two air routes
          AFP  -  64 words
        • Article
          Lock icon 2 killed in S Korean ship fire
          87 46 AFP CHITTAGONG. Bangladesh Two Bangladeshi dock workers were killed after a fire broke out on a South Korean ship while its cargo was being unloaded at this main port, officials said on Monday. Two workers were also hospitalised with injuries from the blaze
          AFP  -  87 words
        • Article
          Lock icon Gun in suitcase wounds bag handler
          45 46 UPI DAYTONA BEACH. Florida A Delta Air Lines baggage handler was wounded in the abdomen by a .38-calibre gun that went off inside a suitcase as the man was loading bags for a flight to Georgia, officials said. —UPI
          UPI  -  45 words
      • Article
        Lock icon Dutch govt agrees to let Dasa take over Fokker
        324 46 Reuter BONN Deutsche Aerospace (Dasa) on Monday said its takeover of aircraft maker Fokker had finally been agreed with the Dutch state, creating Europe's largest producer of civil aircraft. The deal involves an injection of about US$4BO million (***** million) into
        Reuter  -  324 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1298 46 aty nm n» nw n» Adelaide SQ227 2230 Amman RJI83 2335 Amsterdam GA895 1325 SQ324 2215 KL837 1545 KL838 2350 SQ323 1735 Auckland NZ21 1705 NZ22 1825 SQ288 2040 Bahrain Gfl49 0650 BS*r1B«|i«an BI453 1105 SQ182 0930 SQ181 1425 BI430 2125 B1429 2030 Bangkok SQ69 1145
        1,298 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      54 27 "m vital urn n wamt Rari-Lmk Express provides a total service to save your money, time and worry as we deliver your goods speedily and promptly lo your destinations in our organised Malaysia road nelworVs Rail-Link Express (S) Pte Ltd Tel: 354-1223 Fax *****10 OUR SERVICES... Express Parcel Bulk Consolidation
      54 words
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      Page 27 Advertisements Column 2
      25 27 Lines and services represented by I Members el the Reflstry ef Accredltsd ZtSwßXu Sln lr NathMai SWp_ For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090.
      25 words
    • Advertisement
      Page 27 Advertisements Column 3
      135 27 CARGO-PAK > Ensure optimum protection for your cargoes during transport at low costs. SQKI FUJI TRADING (SINGAPORE) PTE LTD p2j Tib *****55 FAX: *****43 The old continent and the sea, Page 2 TNT to stop Indian courier from using Skypak name, Back Page i#C m IB M fronce 1 THE
      135 words
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      7 28 The Weekly Freights report was not available.
      7 words
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      Page 28 Advertisements Column 2
      175 28 to/from PAPUA NEW GUINEA and the SOLOMON ISLANDS THE UNDERSIGNED LINES ADVISE THAT, EFFECTIVE FROM IST APRIL 1993 THE La SERVICE CHARGE WILL BE INCREASED TO SSI7 PER REVENUE TON. NEW GUINEA PACIFIC UNE in association with THE BANK UNE THONG SOON UNES PTE LTD C.B. SHIPPING PTY LTD TODAY'S
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      355 28 TIDES AND WEATHER TODAY'S TIDES (Iwiflt in metres) HOUR OOOO 0100 0200 0300 0400 0500 0800 0700 0<00 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 ft 1.7 LS 15 1.6 1.7 1J 22 2.4 2J 2.4 2.3 2.0 L7 1J If OJ
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      Page 29 Advertisements Column 1
      2428 29 m OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 Alii#* BOOKINGS TEL: *****34 *****58/ *****40 Ji CFS (PSA F5) TEL: *****21/ *****79 ■llllf JARDINE SHIPPING AGENCIES SON. BHD. PBAAAATI PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 L. A PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to
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      Page 29 Advertisements Column 2
      1881 29 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 fmuAscl Bunted arab shipping co./saqi Im To USEastCoast njm I a I UK I ML I I a I M (MM* MM* 11/ M 2V(I M (1 11/(1 m urnow mmb vu vm k/m ivm ii k m mm m an ivm
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      Page 29 Advertisements Column 3
      1247 29 ■nimaima HOW TO SHIP TO BARCELONA, LEGHORN, ALGECIRAS? GENOA AND FOS SUR MER? USE LEDA MAERSK V.9304 ETA SIN 18TH FEBRUARY 1993 Vessel Voy ETA ETO Feedei by Sea lark 'Aries DESTINATIONS Thts wee* Lausl Mawsk V 9304 23/***** HRS MiVHHPBMIIH CFS 23/2 0600 MBS -»OM LPK PEN OAK LGB
      1,247 words
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      Page 30 Advertisements Column 1
      1318 30 aoaba ivdam/ lI Hmws VOY NO S PORE JEDOAH (via JED) S'TON H'BURQ ANT HAVRE TOKIO EXPRESS 09/106 17/2 6/3 9/3 7/3 I. MX IDRON DANUBE 06/306 20/2 2/3 8/3 10/3 13/3 15/3 17/3 r ,T TCNTIKUIM > PtHANC KAMAKURA 27/107 25/2 13/3 16/3 14/3 881 TO tK/COWTtPTT DRESDEN EXPRESS
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      Page 30 Advertisements Column 2
      554 30 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sote Foreign Forwarder in Kabul for ail services C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam Mongolia Hungary CSFR Poland ocToTrans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A Feeder Vessel KTA SIN VILLE DE TITANA 20/02 ORIENTAL KNIGHT 01/03 VILLE
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      Page 30 Advertisements Column 3
      1361 30 1 EtlliMßli E>EBtm REGULAR INDEPENDENT FULL CONTAINER SERVICE J(®J-/„ vov SIN ALQ BCL* ESMPSr' 1 1 9250 3 1,/#2 11 3 13 3 16/03 17/03 18/03 19/03 20/03 J*"" SE* Ml" 26/02 18/03 19/03 22/03 23/03 24/03 25/03 26/03 27/03 CWNA SEA 252W 02/03 24/03 26/03 29/03 30/03 31/03 01/03
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      Page 31 Advertisements Column 1
      2068 31 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 EUilllßVifi&n BTB Shipping Pte Ltd SSK™ ouc sais MM CONTAINER SERVICE TO CAMBOOIA KRIS MADURA VO3E Mui. lab, KK 17-11 Ftb IS Frt 19 ftb STRAITS VENTURE VOX Muara Lab 19 20
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      Page 31 Advertisements Column 2
      2594 31 SINGAPORE AGENT: PXtII inAf*C P&O Containers (Singapore Agencies) Pte Ltd X IXv/ 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS, SINGAPORE 0208 aiWL Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 W y CR Number: **********0Z EXPORT IMPORT VESSEL VOY -PMO 'PKG SM ALO SOU ANT WOT
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      697 32 PESBB Wl joT|tTsl —Ml h-mt| wool WTWr KUTM 2im I a/2 5/3 29/3 3/4 5/4 8/4 TO AUSTRALST™"^^ EAST COAST WiTS wl/wt rut STOK sro hib was m mi OCTAHA 01$ 19/2 18/2 5/3 »/3 14/3 MOO jgWMM 423 2/3 3/3 17/3 20/3 14/3 COW* Q3S 1/3 6/3 21/3 24/3
      697 words
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      Page 32 Advertisements Column 2
      1827 32 I HANJIN SHIPPING FDR *Sl SM Ll* mx SEA »CR FDR VSI SM IMf HAUL SAV KM NYC HJ FELIXSTOWE 01CC 20/2 DKCT U/3 12/3 HANJM POHANG 12€€ 22/2 M ASIA 00C 1/4 2/4 4/4 HUUN SOU. 13IE 1/3 H TONGHAi 0551 25/3 2C/3 HANJM SOU. 1311 1/3 H. HONGKONG
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      Page 32 Advertisements Column 3
      1188 32 d Irl I n w ix it ut nis *i oa in an m luck in nc lw n n w nt ex m I I I an' KM Vi f?y? m/? '{J V* ,y' yj 1/7 1/1 l J 31/3 2/4 3/4 13/4 14/4 15/4 10/4 17/4 27/4 7/5
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      Page 33 Advertisements Column 1
      1323 33 II yd II PLEASE DIAL 1-800 *****00 (TOLL FREE)I| B3 II FOR ALL YOUR BOOKINGS (NOL SERVICES) II *RI SCX: Connecting C. Pegasus Voy TE in HKG I I II *R2 SCX: Connecting C. Jupiter Voy 62E In HKG 5 I SINGAPORE CALIFORNIA EXPRESS (SCX) TO PNW USA INLAND POINTS
      1,323 words
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      Page 33 Advertisements Column 2
      418 33 HEUNG-A SHIPPING I Korean Flag Vessels FULLY CONTMNEMSED SERVICE TO: HONGKONG, BUSAN, MCHON, MOJI STRAITS/KOREA SERVICE PKI W SUI HRC BSN MC MOI tIENUD 30CN 19/02 20/02 25/02 01/03 02/03 03/03 HO t DON/UA 302* 22/02 25/02 00/03 U/03 13/03 CMOTWC UN) «307 23/02 24/02 20/02 04/03 05/03 00/03 E
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      Page 33 Advertisements Column 3
      166 33 CENTENARY SHIPPING SERVICE WEEKLY FOIL CONTAINER DRECT SERviccl SINGAPORE/HO CHI MINH CITY Now provklng Container Trucking toVungtau, from Ho CM Mhh CKy VESSEL'S NAME VOT. WW ETA/P SPORE ETA/D HCM CITY TAN AM AM 77N/S 23 23 FEB FEB *3 TAN AM AM 78N/S 02 02 MAR 054)5 MAR 93
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      Page 33 Advertisements Column 4
      1156 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—PSCHARONG WESTBOUIC-LOADWC TRAWSHPPED WA ROTTERDAM^
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      Page 34 Advertisements Column 1
      1451 34 K4 M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/BY9 I T IVT IT 1 MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD M Pi TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SARANALAUTINTERNUSA TEL: JKT *****76.
      1,451 words
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      Page 34 Advertisements Column 2
      1148 34 PHI LI-OHI* NT LINGS PT€ LTP V 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 MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION |r AUtTMAUA/NCW ZEALAtttX/tOUTH PACIFIC FCULCL f«WCg~h--18 FEB SYDNEY, MELBOURNE.
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      1005 35 PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I I CR NO **********06 VESSEL VOV SIN BKK SIN VESSEL VOY ~JKT SIN cnf.»Tno rovoTii t,V, if., „V, KOTA INDAH 3«1 21/2 24/2 2f/2 EQUATOR CRYSTAL 130N 20/2 23/2 27/2 BUNGA TERATAJ 3183 23/2 2«/2
      1,005 words
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      Page 35 Advertisements Column 2
      1698 35 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p P GUDANG PENANG PKELANG OCEAN VSL/VQY SIN SOU (1) RTM (2) HAM (3) GOT (4) P 15/2 19/2 20/2 BENAVON 3062 23/2 12A3 14/3 15/3 17/3 E "26/2 2672 27/2 JUTLANCHA 3072 573 19/3 21/3 22/3 24/3 0 ""5/3 5/3 6/3 SELANDIA
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      Page 35 Advertisements Column 3
      302 35 °BSA° TRANSPORTATION M MYANMA VBHHk FIVE STAR LINE (Myanmar National Lkw) Loading for Yangon (Rangoon) S'pore P.KI( Pen PGd| MTITKYMA V46OW 10/20 Feb AVA VI2OW 18/25 Feb In Pt PAGA/1 VI93W 22/25 Feb HPA Ml VISSN 25/28 Feb MAUTSIA AGENTS BOUSTEAD SHPffC AGENCCS Ml TEL 03-*****00 PHI TU 03-3U5767 K*:
      302 words
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      Page 38 Advertisements Column 1
      2754 38 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: Guar Guan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Ghhal Pwtra Indonesia Maritime Costar Shipping Pte Ltd Shipping FntfM Mud Ccotrc S4n BM 58 Persiaran Raja Muda Musa Lot 3.34. 3rd Floor. J' IR H Juanda
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      Page 39 Advertisements Column 1
      690 39 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 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/APELAIDE 24/2 VANCOUVER 21/2 BRISBANE 21/2
      690 words
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      Page 39 Advertisements Column 2
      666 39 TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY ETA LOAOING FO« SPORE ANOtNET 29W8 28/03 DABESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NET SANE T ?9V»B 20 04 DABESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA g KIEN
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      Page 39 Advertisements Column 3
      996 39 JAKARTA BANGKOK 1 1 ''""""jSUSff"™""""" m&m NANA BHUM 17K U/5 22/2 6. KQfINTSEV I<W Wed In rt Sat 20/2 RAM BHUM MS 19/2 23/2 MWA BHUM 14SN Wed 17/2 S«i 21/2 Kin BHUM IE 5575 5575 JS«L»W« [ri IV2 M» 22/2 TTT, WANTA BHUM 129N S«l 20/2 Wed 24/2 WWW
      996 words
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      Page 40 Advertisements Column 1
      1415 40 P44MAC-NELS GROUPAGE I ~|\-/VV|PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 W X P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS P£N PKL SIN PEN PK SIN 17/2 18/2 19/2 Honj Kong Ldn/Fl*/Rdm/Ant/LHV 18/2 19/2 20/2 21/2 22/2 23/2 Hong Kong G'burg/C'hagen/S'holm/Oslo 21/2 22/2
      1,415 words
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      Page 40 Advertisements Column 2
      233 40 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKI LYT SM AUST STAR 85S 19/2 2/3 4/3 11/3 FGUARD BAY IS 2S/2 12/3 14/3 2S/3 PROSPECT 23S 7/3 19/3 21/3 7/4 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH, NAPIER.
      233 words
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      Page 40 Advertisements Column 3
      999 40 f THONG SOON UNES PTE. LTD. Mi 77 ROBMSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I c6NVENTi6NAi/c6NTA)Ngrt C6WTAMB tBVKH SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL Ivor S PORE [PEST VESSEL VOT SPUE
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      Page 41 Advertisements Column 1
      839 41 WgV EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG MUKBULK SOC CWGOES TO FROM KOH, YOKOHAMA. NAGOTA. MOD. TOKYO*. MANKA* DA*AO* Penanj* P. Kelanj Srfapore E'Msia* SHAPLAEVERETT VI4E 24/25 Feb KAMALEVERETT VISE 20/21 Mar K ARABS VERETT VIIE 07/0S Apr ACCffTUG BKAKBUIK/FCI/SOC CARGOES TO/FROM CUTTAGOKG, CALCUTTA AND MONO.A* Srjapore P.
      839 words
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      Page 41 Advertisements Column 2
      346 41 m GLORY NAVIGATION GROUP J* REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VI 16/2 18/2 21/2 2/3 GLORY SELATAN V 25/2 28/2 3/3 13/3 SP PKL HCM HK KAO GLORY SELATAN X 1/3
      346 words
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      Page 41 Advertisements Column 3
      590 41 pgsl -worldwide PAWAMIA -6LOBE STEAMERS UNES REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU ft SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER NO 2 Connecting Feeder to Shantao LIAN BO NO 9 WE HV LEASING CONTRS FOR RENTAL SAILING TO 'PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO
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      400 41 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN ALSO CALLING PT. ELIZABETH/JOHANNESBURG TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN ALSO ACCEPTING CONTAINERS TO TUTtCORIN/ BANGALORE COCHIN AND NEW PELHI WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRAUA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KABACHI WEEKLY CONVENTIONAL SERVICE EAST
      400 words
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      Page 41 Advertisements Column 5
      387 41 SIN FAR EAST 23/2 KEELUNG/KAOHSIUNG 20/2 BANGKOK 22/2 MANILA/CEBU 21/2 JAKARTA/BEIAWAN/SURABAYA 22/2 PORT KELANG/PENANG/E. MALAYSIA 22/2 BUSAN 21/2 TOKYO/YOKO/KOBE/NGO/OSA 22/2 HONG KONG S!N CHINA 22/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU XIAMEN SHANTOU SHEKOU DALIAN SHANGHAI/ XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo Si EUROPE/UK 20/2 LDN/FLX/LVP/SOU 20/2 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech.
      387 words
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      Page 42 Advertisements Column 1
      643 42 HONG KONG/CHINA 22/2 JAKARTA 21/2 BAN6KOK 20/2 MANILA 22/2 BUSAN 22/2 KEELUNG 23/2 TOKYO/KOBE 26/2 KAOSHIUNG 20/2 POBT KELAN6/PENAN6 22/2 YOKOHAMA COLOMBO 23/2 FELIXSTOWE/HAMBURG 20/2 CHITTAGONG/MAORAS 22/2 ROTTERDAM/LE HARVE/ANTWERP 20/2 BOMBAY/KARACHI 26/2 BARCELONA. MARSEILLES. GENOA 24/2 CALCUTTA 26/2 lax/nyc 21/2 sydney/melbourne 25/2 CMT LINER EXPRESS AGENCIES PTE LTD HOT-LINE *****88
      643 words
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      Page 42 Advertisements Column 2
      534 42 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 19TH FEBRUARY ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 21 FEB JAKARTA 21 FEB PENANG 25 FEB PORT KELAMG 25 FEB FREMANTLE 22 FEB SYDNEY 28 FEB MELBOURNE 28 FEB BBISBANE 22 FEB HAMBURG 20 FEB FELIXSTOWE 20 FEB GOTHENBURG 20
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      Page 42 Advertisements Column 3
      331 42 This Week's Sailings Singapore I 77. FIRST FORW ARDER IN lo: KID To: LTD ASIA awarded Singapore Singapore ***'2 lrqa EVERY EVERY a Bangkok SUN Hamburg SAT CXJ, EVERY EVERY Manila SUN Ho Chi Minh FRI (jf) EVERY EVERY Colombo TUE Ijos Angeles SUN I l| INTERNATIONAL SEA FREIGHT FORWARDMG
      331 words
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      Page 42 Advertisements Column 4
      318 42 NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WtEKLY TO: TOK.YO/YOK.OHAMA/NAGOYA/K.AOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHyNEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERV ICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI. SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart Singapore every
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      Page 43 Advertisements Column 1
      1387 43 i f ACCEPTING CARGOES TO MOST CARIBBEAN OUTPORTS AT WEEKLY FREQUENCY. FiHOttSSa PK6 PEN OCEAN VESSEL SM LEH RTM(I) HAM(2) BRV FU SOU GOT «SSQ ftt PJtf Tm *tt Sta SHaya Auckland F?(A) IftymmittKA) Tbnam LyH*«i(B) D«*(B) NapMr M*t»(C) Ta*a«a B Seroia G Bhum 12/2 10/2 NLL Hoorn/2013 18/2 6/3
      1,387 words
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      726 44 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. 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: CHMA/BANQKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
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      Page 44 Advertisements Column 2
      431 44 EES FREIGHT SERVICES PTE LTD #01-60 Wallich Building, Wallich Street, Singapore 0207 Tel: *****66 (10 Lines) Fax: *****69/*****44 I OLANDIA" II "MARJON" OOCL FAME V.I IE I V.134 V.045N ETD SIN: 17/2/93 I ETD SIN: 18/2/93 11 ETA SIN: 21/2/93 11 ETA DEST. 21/2/93 I We provide competitive LCL rates
      431 words
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      Page 44 Advertisements Column 3
      803 44 Antwerp 28/2 Fremantle 2572 Bangkok 20/2 Bremen 28/2 1 /2 Busan 22/2 Hamburg 28/2 Melbourne 18/2 Hong Kong 22/2 LeHarve 28/2 Kaohsiung 20/2 Felixstowe 21/2 Keelung 19/2 Rotterdam 28/2 Bombav 22/2 Jakarta 21/2 wmFmrnrnrnm Caicu "a 21/2 Manila 22/2 1 Chittagong 18/2 Lax Nyc 21/2 I J <ar chi MPgRWBH
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      735 45 A HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE [vessels voy I pna I pke I pgd I vessels vot~ sw rtm ant* leh* ham brei fa HMM ADVANCE MA 16/2 18/2 20/2 H WNOVATOR 302* 21/2 12/3 12/3 13/3 14/3 14/3 16/3 MM ADVANCE 06A 23/2 25/2 27/2
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      Page 45 Advertisements Column 2
      507 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO t HEAVY LIFTS INBOUND VESSELS VESSEL VT V H IK CNtirwi tumi it siD rr cosac ustei it pt SEI LAM M 23/1 MU l»/I ASUI Cimi IS4 *1/2 2S/2 IUMOiISt 25/2 M/ 2 2/3 NUB KtlZI 113 21/2 Ml 1/3 cosac «l
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      Page 45 Advertisements Column 3
      977 45 EXPORT TO: JEDDAH/UK/CONTNENT E3HIHI I STORE ED S lON HWRC I DAM LEX *Mm Acccpto* Cvp F«r I0KK) EIPVESS M/1M lt/2 1/3 )/3 7/3 Soußianptai :to4 UK dntiuton. BMtst art CM* DANUBE M/3M 21/2 2/3 11/3 13/3 15/3 17/3 Aotloiar :It rf Anhmp. Imtmtm. o*. HeMu KAMMURA 27/117 25/2 13/3
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      5 46 |TECHiwroeY^ Tomorrow in Business Times
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      52 46 1 TECHNOLOGY J Tomorrow in Business Times Finnair Business Class Speed, Comfort and Space Fly Finnair's new wide bodied MD-11 to Europe and find out why long hauls are a thing of the past. Call your travel agent or 733 3377 for more details. We know the world from start
      52 words