The Business Times, 19 February 1993

Microfilm: NL18517
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    15 1 SINGAPORE BusinessTimes WE KNOW ASIA Mil A (P) 552/12/92 Friday February 19 1993 75 e
    15 words
  • 2am LATEST
    • Article
      Lock icon Boeing to lay off 28,000 jobs
      63 1 Boeing to lay off 28 ,000 jobs AFP SEATTLE, Washington Boeing, the world's largest aircraft maker, is to axe 28,000 jobs in the next 18 months, 23,000 of them this year, said a company source, speaking on condition of anonymity. Late last month, Boeing hinted at broad reductions in the
      AFP  -  63 words
    • Article
      Lock icon Oxford proposes honour for Clinton
      61 1 Reuter OXFORD, England Bill Clinton's alma mater, Oxford University, has announced that the United States president has been proposed for its highest honour, the Degree of Doctor of Civil Law by Diploma, a special degree reserved for royalty and heads of state. The university said
      Reuter  -  61 words
  • Article, Illustration
    MARKET SUMMARY
    113 1 Stock market indices Thursday Change ST1I 1.632.13 +15.57 KLSE Composite 623.11 -2.7 Nikkei 16.982.14 -27.49 Hang Seng 6,186.94 99.48 SET Index 961.43 -1181 Jakarta Composite ...301.92 -0.77 CLSA China B 1.609 48 14.37 Aust All Qrd 1.607.3 +6 FTSE 100 2.837.7 +23.7 Thursday Previous I lam dose Dow
    113 words
  • Article, Illustration
    Clinton appeals for support for bold tax hikes, spending cuts
    1020 1 WASHINGTON US President Bill Clinton has proposed near-record tax increases of US$242 billion (***** billion) and spending cuts of US$246 billion in a controversial fouryear plan to cut America's soaring federal Budget deficit. He also proposed incentives of over US$3O
    1,020 words
  • Article
    S'pore Telecom turns in $1b surplus
    479 1  -  By Conrad Raj SINGAPORE Singapore Telecom, which is set to become the country's largest listing on the stock exchange after its public share offer in the second half of this year, has achieved its first-ever billiondollar group operating surplus. It reported yesterday a surplus
    479 words
  • Article
    OFF THE CUFF
    111 1 We are real pleased to see the leadership and direction that (President Clinton) has taken. Philip Overmyer chairman, American Business Council Singapore It's a tough package. But one look at the deficit which is strangling this country and you know that toughness is what's needed. We arc
    111 words
  • Article, Illustration
    M'sian King agrees to constitutional changes to curb rulers' privileges
    555 1  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA'S King. Sultan Azlan Shah, granted his assent yesterday to constitutional amendments aimed at curbing the privileges of the country's nine hereditary rulers. The move formally ended the two-month constitutional crisis between the royalty
    555 words
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      153 1 100% COTTON DOCKERS' PANTS BY LEVI S LEVI'S BOUTIQUES: #02-19 Centrepoint #02-114 Far East Plaza #01-24 Forum The Shopping Mall #01-16 Lucky Plaza #02-118 Marina Square #01 09 Shaw Leisure Gallery #B1 -64 Wisma Atria CONTENTS News Companies S pore News 2 S'pore M'sw ..9.10.11 Regional News 3.4.5 Financial 12.13
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      10 1 Advertising Marketing (iron ing bigger by getting smaller Pg 22
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      56 1 Hock Lock Siew Telecom s strengths ami weaknesses /4iw Extracts of speech, Pg 6 Risky, say economists, Pg 7 Regional reactions, Pg 7 Impact on S'pore, Pg 7 Editorial: Way to go, Bill! Pg 24 The Bottom Line: Clinton's new image. Back Pg Hock liock Siew: Telecom needs to look
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Wholesalers remain cautious
        328 2  -  By Anna Teo AFTER a small pickup in the last quarter, most wholesalers expect business to stay flat in the first half of this year. The wholesale trade's business forecasts arc one of nine components of the Trade Industry Ministry's Composite Leading Index an indicator of economic
        Source: Dept of Statistics  -  328 words
    • Article
      New staff training scheme for firms going regional
      420 2  -  By Chuang Peck Ming A SCHEME will be introduced from March 1 to meet the staff-training needs of firms that are going regional. Labour Minister Lee Boon Yang said yesterday. The Regionalisation Training Scheme will offer incentives to firms to train foreign
      420 words
    • Article, Illustration
      Siemens unit sees sales of IC products hitting $1b mark
      248 2 SIEMENS Components, a local subsidiary of the giant German conglomerate, Siemens AG, has projected that sales of integrated circuit (IC) products from its new plant in Kallang Way will hit Si billion by 1998. The $200 million plant was officially
      248 words
    • Article
      How imported goods will be affected
      384 2 Goods and Services Tax This is a daily column of the Inland Revenue Authority of Singapore to promote understanding and discussion of the GST CST on imported goods GST will be levied on imported goods when they enter Singapore, except: •a) When the goods
      384 words
    • Article
      Is GST on imported services consistent with White Paper?
      266 2 Jenny Lim. a partner with an international accounting firm, comments on the Iras' clarification yesterday that the GST diH's apply to imported services. THE recent clarification by the Iras on the imposition of GST on import of services has caused some
      266 words
    • Article
      Conservancy grants to town councils going up by 43pc
      415 2  -  By Colin Tan THE government will increase its annual service and conservancy grants to town councils by 43 per cent to SBO million in the financial year which starts in April. The extra money will be allocated to councils based on
      415 words
    • Article
      Retail group plans trade mission to China
      254 2  -  By Hong Lee Tiam THIRTY-FIVE members of the Singapore Retail Association (SRA) are going to Tianjin. Shanghai and Beijing to explore for business opportunities there. B L Teh. chairman of SRA. said that during the trip from April 18 to 24, the members
      254 words
    • SINGAPORE ROUNDUP
      • Article
        ISD director to be perm sec
        80 2 TJONG YIK MIN. director of Internal Security Department (ISD), will become the permanent secretary in the communications ministry from March I, the Prime Minister's Office announced yesterday. Tan Guong Ching, who is concurrently the permanent secretary in the Ministries of Communications and the Environment,
        80 words
      • Article
        Ted De Ponti estate donates $1.5m
        55 2 THE ESTATE of Ted De Ponti disbursed $1.5 million to four organisations yesterday. The Health Ministry's Endowment Fund and Ngee Ann Polytechnic received 5500,000 each for cancer research and a scholarship fund. The Rotary Club and Kampong Glam Citizens' Consultative Committee received $250,000 each
        55 words
      • Article
        Sembawang venture wins Sats contract
        87 2 SINGAPORE AIRPORT Terminal Services (Sats) has awarded its $215 million fifth airfreight terminal project to a joint venture formed by Sembawang Construction and Sato Kagyo of Japan. The new terminal, which is expected to be completed in 1995, will raise Sats' air cargo handling capacity
        87 words
      • Article
        HDB awards design-and-build contract
        102 2 THE HOUSING and Development Board has awarded an 580.6 million design-and-build contract at Tampines to Sim Lian Construction Co Pte Ltd. Design Link Architects and Engineers Partnership Civil Structural Consultants. The Sim Lian team beat seven others. These were led by GTM Entrepose-Wan Soon, Koh Brothers.
        102 words
      • Article
        Boeing opens parts centre in S'pore
        87 2 BOEING Commercial Airplanes officially opened a new parts storage and distribution centre in Singapore yesterday, underlining the company's support for its Asia-Pacific customers. Boeing Customer Services' director of spares. Darce Lamb, said the centre will help cut cost for airlines in the region because
        87 words
      • Article
        Name change for insurance firm Balac
        42 2 I HE British American Life Assurance Co Ltd (Balac) will change its name to John Hancock Life Assurance on March 29. Balac was acquired by the American life insurance giant. John Hancock Financial Services, in 1990.
        42 words
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      101 2 O OMEGA The sign of excellence. This announcement appears as a matter of racord only. i Boon Bawd Brewery Company, Limited U5550,000,000 Term Loan Facility Arranger Lead Manager Deutsche Bank (Asia Pacific) Limited Managers Westdeutsche Landesbank Girozentrale ABN AMRO Bank N.V. v Singapore Branch Banque Francaise du Commerce Exterieur, Singapore
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  • THE REGION
    • Article
      Lock icon Mahathir wants firm action to overcome energy crisis
      408 3 Bernama KUALA LUMPUR Prime Minister Mahathir Mohamad said yesterday that firm action is needed to deal with the country's energy crisis, which he described as critical, to ensure sufficient electricity supply. "We must determine the causes of the frequent breakdowns and take
      Bernama  -  408 words
    • Article
      Lock icon Tenaga's monopoly stays, says Samy Vellu
      319 3 AFP Bernama KUALA LUMPUR Malaysia's energy minister, SSamy Vellu, yesterday pledged that the government will not break the national power company's monopoly in its efforts to overcome a serious power shortage. Speaking after talks with visiting Hungarian Industry and Trade Minister Ivan Szabo, he
      AFP; Bernama  -  319 words
    • Article
      Lock icon Nobel laureates issue open letter to Yangon
      231 3 AFP THAILAND Thirteen Nobel peace laureates yesterday issued an open letter to Myanmar's junta calling for the "immediate and unconditional" release of pro-democracy leader Aung San Suu Kyi and the restoration of democracy in the country. "We join the international community in calling
      AFP  -  231 words
    • Article
      Lock icon Australia welcomes talks on regional security
      251 3 AFP CANBERRA Australia yesterday welcomed an agreement between Japan and the six members of the Association of South-east Asian Nations (Asean) to hold high-level talks on regional security. "We like the idea and we have responded positively to it," a foreign ministry spokesman said
      AFP  -  251 words
    • Article
      Lock icon Malaysia posts M$781m trade surplus for November
      422 3 Bernama KUALA LUMPUR Malaysia chalked up a trade surplus of M 5781.1 million (SS4B4 million) in November last year, the seventh successive monthly surplus in 1992, mainly attributable to higher exports. The Statistics Department said yesterday that the surplus was 12.6 per cent
      Bernama  -  422 words
    • Article, Illustration
      Lock icon Manila team bound for US to stave off possible trade sanctions
      278 3 UPI MANILA The Philippines is sending a high-level team to Washington in a move to stave off possible trade sanctions over Manila's alleged violation of intellectual property rights. Trade and Industry Secretary Rizalino Navarro said yesterday that the delegation
      UPI  -  278 words
    • ASIA NOTES
      • Article
        Lock icon Watanabe recovering from fatigue
        48 4 AP TOKYO Foreign Minister Michio Watanabe, diagnosed as suffering from a cold and overwork, is recovering in the hospital where he was admitted four days ago. His ministry said yesterday that the 69-year-old Mr Watanabe's fever has abated and his appetite has returned. AP
        AP  -  48 words
      • Article
        Lock icon China-Vietnam border talks meander
        49 4 AFP HANOI China and Vietnam yesterday ended a second round of border talks without reaching a compromise. A Vietnamese official said the talks were based on Franco-Chinese treaties made during France's colonial rule of Indochina "which are unclear on the demarcation of territorial waters". AFP
        AFP  -  49 words
      • Article
        Lock icon Inflation in China up 5.4pc
        59 4 AFP BEIJING Inflation across China rose 5.4 per cent in 1992, the State Statistical Bureau said yesterday, lower than official projections that prices would rise between 6 and 6.5 per cent nationally last year. The consumer goods price index surged 5.6 per cent in the
        AFP  -  59 words
      • Article
        Lock icon AT&T wins Thai contract
        91 4 Bloomberg Business News BANGKOK AT&T Network Systems has been awarded a contract by Telecomasia to supply equipment for a US$2.5 billion expansion of Bangkok's telephone system. Officials at AT&T and Telecomasia would not comment yesterday on how much of the project the American telecommunications colossus will
        Bloomberg Business News  -  91 words
      • Article
        Lock icon Was America founded by a monk?
        99 4 Reuter BEIJING A wandering Chinese monk may have discovered America. According to a new book published in China, more than 1,000 years before Christopher Columbus sailed to the New World, Buddhist monk and explorer Fa-xien landed on the American west coast, probably somewhere between
        Reuter  -  99 words
    • Article
      Lock icon China admits to more cases of radiation poisoning
      288 4 UPI BEIJING Chinese health authorities yesterday warned nuclear workers of the increasing danger of exposure to radiation after admitting to the second and third deadly cases of poisoning from a nuclear substance. An official newspaper reported Ministry of Public Health officials saying
      UPI  -  288 words
    • Article
      Lock icon Patten says HK will be involved in Sino-British talks
      554 4 AFP HONGKONG Governor Chris Patten yesterday dismissed reports that he would be excluded from any SinoBritish talks on his democracy proposals, amid China's continued insistence that they be scrapped. Mr Patten declined to comment in detail on British press reports that
      AFP  -  554 words
    • Article, Illustration
      A step closer to Aids cure?
      48 4 BOSTON Yung Rang Chow, a 31-year-old MD-PhD student from Taiwan studying at the Harvard Medical School, in his research laboratory yesterday after announcing that he had discovered a treatment that stops the HIV-1 virus that causes Aids from replicating in laboratory tests.
      48 words
    • Article
      Lock icon Taiwan's ruling party planning internal democratic reforms: reports
      394 4 Reuter TAIPEI Taiwan's ruling Nationalist Party, which suffered its worst election setback in four decades last December, plans to regain support by making internal democratic reforms, newspapers said on Wednesday. The Nationalists' charter would be revised so that delegates to the 14th
      Reuter  -  394 words
    • Article
      Lock icon Beijing against any visit to Taiwan by Ramos
      242 4 UPI MANILA The Chinese ambassador said yesterday that Beijing would protest against any visit by President Fidel Ramos to Taiwan, saying this would violate Manila's oneChina policy. "We are opposed to any official visit to Taiwan because Taiwan is part of China
      UPI  -  242 words
    • Article
      Lock icon China releases third dissident in attempt to boost image with West
      540 4 AFP BEIJING China released a third democracy movement dissident yesterday in moves seen as aiming to boost its image with the West in general and the Clinton administration in particular. Li Guiren, 49, jailed in the June 1989 military
      AFP  -  540 words
    • Article
      Lock icon Taipei, KL sign investment protection agreement
      235 4 AP TAIPEI After years of negotiations, Taiwan and Malaysia yesterday signed an agreement to enhance bilateral investment protection despite the absence of diplomatic ties. The agreement, signed by Huang Hsin-pi, Taiwan's representative in Malaysia, and his counterpart Syed Manson Barakbah, secures investors' rights with
      AP  -  235 words
    • Article, Illustration
      Keating's pro-Asia claims challenged by opposition
      356 5  -  From Florence Chong in SYDNEY THE conservative opposition has challenged the Labor government's claim that Australia is moving closer to Asia. Shadow Trade Minister and former opposition leader Andrew Peacock said yesterday the claim made repeatedly by Prime Minister Paul Keating and other top
      356 words
    • Article, Illustration
      Lock icon Taiwan urges Japan to help cut soaring trade deficit
      345 5 Reuter TOKYO The Japanese government must help Taiwan cut its soaring trade deficit, which is now three times as high on a per capita basis as the US deficit with Japan, senior Taiwan officials said yesterday. They were speaking after two
      Reuter  -  345 words
    • Article
      Lock icon US' weaknesses causing it to lose moral authority: analysts
      553 5 AP WASHINGTON America is losing "moral authority" in Asia because of its failure to solve economic and social problems at home and its indecisive policies towards postCold War Asia, specialists told lawmakers on Wednesday. The Asian experts, testifying before the House
      AP  -  553 words
    • Article
      Lock icon Little gain seen for US if Japan opens rice market
      543 5 China, Australia likely to win more business Reuter TOKYO The US would gain little if Japan liberalised its rice market as the majority of increased imports would come from elsewhere, say officials and trade analysts. They said that even if
      Reuter  -  543 words
    • Article
      Lock icon Pakistan blames US for nuclear race in South Asia
      326 5 UPI ISLAMABAD The minister of state for foreign affairs delivered one of Pakistan's sharp-est-ever criticisms of US nuclear policy for South Asia in a speech to Parliament on Wednesday, charging that America is escalating the arms race between India and Pakistan
      UPI  -  326 words
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      126 3 Our 8737 freighter now flies direct from Singapore to Bangalore, once a week. This provides you with dedicated main-deck capacity from this region to one of the fastest growing cities in India. With its thriving high technology industries. Bangalore is well-known as the "Silicon Valley of India" Our regional freighter
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      37 4 K..uti.,u. <*llj tit I'alai- Ruin-...,,, lei: TH'.VM orn. r. (ialrrir* lafawtt. Utan llav. Uk >.rvi..» riilri- «_M 07 Or. har.l l-.w.-r-, >iri«.i ...r. <•<»_• < Tfl: T.'MO 122 < 12 lin«-«I \l»n available .<I It-ailing <l<-|iartm<-nt «ti>rr» anil anlhorix'il alt-alt-r*.
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      178 4 f| GST GIVES US THE |i fa COMPETITIVE EDGE. 97% of the executives interviewed agreed that GST BM 7 J provide the competitive edge. 3% was unable to comment. Wm This was the finding of our recent feedback poll conducted at f ft Singapore highest restaurant, The Pinnacle. VI In
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      128 5 We've Got It All Together We 're looking forward to welcoming you on board our service your South African adventure at Changi Airport, after all no to Johannesburg. You'll experience a service graced with charm one knows it like we do. Charming people to serve you, a and hospitality that
      128 words
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  • WORLD FOCUS
    • Article, Illustration
      Unless we change, we will be condemning our children
      4177 6 US President Bill Clinton's State of the Union address President Bill Clinton prescribed some bitter medicine to set right the American economy in his State of the Union speech to Congress on Wednesday. We reproduce below extensive extracts to bring you
      4,177 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Strategy may be risky: economists
      710 7 Reactions to the Clinton plan AP Bloomberg Business News WASHINGTON US President Bill Clinton's plan to tax Americans into prosperity advances the largest-ever assault on the mushrooming budget deficit. But it's a risky strategy for encouraging economic revival and creating new jobs. Can such austerity
      AP; Bloomberg Business News  -  710 words
    • Article
      Mixed feelings in Asia
      680 7  -  Reports from Reports from Catherine Ong in Hongkong, Andrew Cooke in Bangkok, Lim Soon Neo in Taipei and Florence Chong in Sydney US PRESIDENT Bill Clinton's economic package received mixed reaction from the region. Analysts in INDONESIA say the Clinton package is unlikely to have a
      680 words
    • Article
      Package seen dampening consumer demand in US for Japanese-made durables
      386 7  -  By By S N Vasuki in SINGAPORE and Koichi Ishiyama in TOKYO JAPANESE investment analysts reacted cautiously to President Bill Clinton's economic plan but expressed concern that steep tax increases proposed by Mr Clinton would dampen consumer confidence. Yuichi Matsushita,
      386 words
    • Article
      S'pore economy will gain in long term, say analysts
      299 7  -  By Schutz Lee SINGAPORE Economists and analysts in Singapore yesterday said President Clinton's economic package to strengthen America's long-term competitiveness will be good for the Singapore economy. Although Mr Clinton's tax increases may slow down the emerging US recovery and therefore
      299 words
    • Article
      Impact on American businesses in S'pore expected to be minimal
      385 7  -  By By Helen Chang and Juliette Walker SINGAPORE American executives here said yesterday they expected President Clinton's latest budget proposals to have minimal impact on US businesses here, and voiced strong support for his broad objectives to cut the deficit
      385 words
    • Article
      Lock icon Blasted by Republicans, but supported by public
      551 7 Bloomberg Business News Knight-Ridder WASHINGTON Republicans blasted President Clinton's economic plan, saying it will raise taxes by at least USSIOO billion (SS 164.1 billion) more than Mr Clinton admits. But a public opinion poll taken just after Mr Clinton's State of the Union
      Bloomberg Business News; Knight-Ridder  -  551 words
    • Article
      Lock icon Match tax hikes with spending cuts: companies
      511 7 AP Reuter NEW YORK Business executives and economists are generally upbeat about US President Bill Clinton's plans to prick the deficit balloon and shift the focus of public and private spending from consumption towards investment. But some who viewed his address to Congress
      AP; Reuter  -  511 words
    • WORLD WATCH
      • Article
        Lock icon Italian economy faces growing deficit
        90 8 AP ROME Italy's public deficit could swell by 10 trillion to 15 trillion lire (about Ssl6 billion) as a result of the economic recession. Budget Minister Franco Reviglio said on Wednesday. The government's target for 1993 sees a deficit of 150 trillion lire. Mr Reviglio
        AP  -  90 words
      • Article
        Lock icon Protesters end blockade
        84 8 Reuter BONN Tens of thousands of German steel workers protesting against threatened job cuts ended a 13-hour blockade of a major road in the industrial city of Dortmund late yesterday. But the government continued to resist calls for intervention in a steel crisis caused by over-capacity, cheap
        Reuter  -  84 words
      • Article
        Lock icon Offer to halve Russian debt
        102 8 AP MOSCOW Western creditors have offered to halve Russia's 1993 foreign debt payment to US$6.4 billion (about 5510.5 billion), still more than twice the amount Moscow was ready to pay. Russian Deputy Prime Minister Alexander Shokhin warned on Wednesday that Russia could make the payment
        AP  -  102 words
      • Article
        Lock icon Reviving an Arab organisation
        70 8 AFP ABU DHABI Gulf Arab states plan to return to a joint arms venture with Egypt after a boycott of nearly 15 years in protest against Cairo's peace treaty with Israel. An Egyptian official said yesterday: "The Arab Organisation for Industrialisation is on its way to
        AFP  -  70 words
    • Article
      Lock icon IMF urges British govt to curb spending
      535 8 Fund says budget belt must be tightened to contain inflationary pressures Reuter WASHINGTON The International Monetary Fund has urged Britain to tighten its budget belt, in spite of its weak economy, arguing the move is needed to contain potential inflationary pressures, monetary sources
      Reuter  -  535 words
    • Article
      Lock icon Heseltine to present UK coal rescue plan to EC
      380 8 FT LONDON British Trade and Industry Secretary Michael Heseltine is to present a coal rescue plan for his country to the European Community in Brussels. The trip will fuel growing speculation in the coal and electricity industries that the government will
      FT  -  380 words
    • Article, Illustration
      Lock icon UN demands resumption of relief to Bosnia
      459 8 Reuter UNITED NATIONS The Security Council on Wednesday demanded that all warring parties in Bosnia-Herzegovina allow aid supplies to be distributed immediately, particularly to hundreds of thousands of Muslims in eastern Bosnia. The council, evidently taken by surprise by a decision from the
      Reuter  -  459 words
    • Article, Illustration
      Lock icon Ex-French Socialist PM says party must make way for new political force
      458 8 Reuter PARIS A former French prime minister has blasted his own ruling Socialist Party, saying its time is past and it should make way for a new broad-based political force after elections next month. The call by Michel
      Reuter  -  458 words
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      81 7 I* 'COME UP 1 und SEE ME SOMETIME Having been totally refurbished, Singapore's favourite nostalgia bar is open once again. And if you don't mind our saying so, it's looking pretty darn good. M Come up and see for yourself. Club 5. For good old fashioned fun. Hon Thu Spu-liin'Frii
      81 words
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      856 8 GENERAL SECURITIES INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) The Board of Directors of General Securities Investments Limited wishes to make the following announcement: AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1992 Company Group Year ended Incr/ Year ended Incr/ 31.12.92 31.12.91 (Deer) 31.12.92 31.12.91 (Deer) S$ S$
      856 words
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  • COMPANIES & MARKETS
    • Article
      GF Asia posts 52pc earnings growth to $12m
      469 9  -  The former Cold Storage Hldgs says retail, overseas businesses boosted profits B)f Sylvia Wong SINGAPORE Goodman Fielder Asia Holdings Ltd, formerly known as Cold Storage Holdings Ltd, posted a 52.4-per-cent jump in interim net earnings to $12.11 million for the six months
      469 words
    • Article, Illustration
      Lock icon Company to keep Tuas site for own use
      355 9  -  Terence Lim SINGAPORE Goodman Fielder Asia Holdings Ltd will build a food manufacturing facility on the site of its bottling plant at Tuas, which it originally planned to sell. Chief executive officer John Lim said yesterday the bottling equipment had been sold
      Picture by Chris Loh  -  355 words
    • Article
      SSL to build more bungalows in Cluny Park
      256 9 SINGAPORE Governmentbacked developer Straits Steamship Land Ltd intends to build bungalows on two newly acquired land parcels in Guny Park and Chatsworth Road. This will add to SSL's stock of 10 existing double-storey bungalows in Cluny Park, which the company acquired in
      256 words
    • Article
      SPH to build up its Asian news network
      358 9  -  By Susan Tsang SINGAPORE Singapore Press Holdings will build up its Asian news network, the edi-tor-in-chief of the group's English/Malay Newspapers Division, Cheong Yip Seng, said yesterday. Speaking at the 1992 annual awards of The Straits Times group. Mr Cheong said that
      358 words
    • Article
      DIVIDENT ANNOUNCED
      248 9 Pa) meat Ex Books Pay date dose date Asia Pacific F 16 Feb 4 Feb 16 Feb 24 Avimo 20* F I2.5TE Feb 17 Marl Apr 15 Beriaya Group 1 4 Mar 18 Apr 2 Apr IS Berjaya Ind 1 3 Mar 4 Mar 18 Apr 8 Beriaya
      248 words
    • Article
      Singapore Telecom needs to look abroad for continued growth
      1004 9  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE Singapore Telecom, soon to be the biggest company ever to be listed in Singapore, opened its books yesterday for the second last time before flotation, and in so doing revealed -some of its
      1,004 words
    • Article, Illustration
      Lock icon SUMMARY
      329 9 Source: Bridge Info Performance of STII's index stocks Feb 18 Last Scut Imtex Stock mIc Chgt factor no«m (S) (I) Avimo I 860 -0.010 I 58 -0 89 CAC 7.200 -0.050 6.10 -4.44 Ceretoos 4.920 0.040 4.17 3 56 FAN 11.500 9.75 GF Asia 3 260 0 100 2
      Source: Bridge Info  -  329 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon TRI to sell Cheong Chan for M$9m
          60 10 Bernama. KUALA LUMPUR Technology Resources Industries. Bhd (TRI) yesterday announced the proposed disposal of Cheong Chan Holdings Sdn Bhd, an investment holding company, for about Ms 9 million cash. In a statement yesterday, it said its wholly-owned subsidiary. Technology Resources (Capital) Sdn Bhd,
          Bernama.  -  60 words
        • Article, Illustration
          Lock icon Slippery task
          23 10 Reuter BEIJING "Roughnecks" from the ShengJi Drilling Company manning an oilwell in the Tarin Basin in China's western Xinjiang Province. Reuter
          Reuter  -  23 words
        • Article
          Lock icon Road Builder makes strong debut
          65 10 Bernama KUALA LUMPUR Road Builder (M) Holdings Bhd yesterday made an impressive debut on the Kuala Lumpur Stock Exchange, with the share opening at M 57.50 for a premium of M 53.50 over its offer price of Ms 4 apiece. The share then surged to
          Bernama  -  65 words
        • Article
          Metro's subsidiary wound up
          43 10 SINGAPORE Metro Holdings Ltd has announced that its wholly-owned subsidiary Metro-Futaba Company Pte Ltd was liquidated on Jan 11 by way of a voluntary winding up. Metro-Futaba had not been active since the financial year to Mar 31, 1992.
          43 words
        • Article
          Change of SilkAir director
          44 10 SINGAPORE Singapore Airlines Ltd has announced that Doreen Lim will resign as director of its subsidiary Silk Air (Singapore) Pte Ltd. Her resignation takes effect from March 1. Lily Chan, assistant director of cabin crew, SIA, will succeed Mrs Lim.
          44 words
        • Article
          Lock icon Kesang to change name, up capital
          56 10 Bernama KUALA LUMPUR Kesang Corporation Bhd proposes to increase its authorised share capital to Msl billion comprising one billion shares of Msl each and a change of name to Damansara Realty Bhd. In a statement yesterday, it said an additional 800 million shares of
          Bernama  -  56 words
        • Article
          Lock icon Alcorn's M$35m investment plan
          65 10 MBT KUALA LUMPUR The Aluminium Company of Malaysia Bhd (Alcom) will invest Ms3s million (5521.8 million), over the next two to three years, to install casting machinery which is expected to boost production of its aluminium coils. Newlyappointed managing director, Shigesato Sato, said the plant currently
          MBT  -  65 words
      • Article
        Lock icon DMIB, Sime Darby to Invest M$100m in tyre technology centre
        262 10 MBT KUALA LUMPUR DMIB, together with Sime Darby Group, will invest Msloo million (Ss62 million) in a regional tyre technology centre (TTC) over the next five years which will accelerate the pace of transfer of technology from Japan to Malaysia.
        MBT  -  262 words
      • Article
        Lock icon KL to steer govt firms in right direction with new guidelines
        478 10 Bernama KUALA LUMPUR The Ministry of Finance will come up with a set of guidelines for government companies, primarily aimed at strengthening their ability both in achieving profits and in discharging their social responsibilities. The guidelines will, among others,
        Bernama  -  478 words
      • Article
        Lock icon All KL-listed firms will eventually have audit committees
        172 10 Bernama KUALA LUMPUR All publicly-listed companies would eventually be required to set up audit committees of their board of directors, Malaysian Association of Certified Public Accountants president Raja Arshad Raja Tun Uda said. He said that all financial and insurance companies were
        Bernama  -  172 words
      • Article, Illustration
        Lock icon Where's the panic?
        51 10 Reuter FRANKFURT Idle stock market traders waiting for something to happen on Wednesday. Traders had feared a volatile day after Tuesday's sharp losses on Wall Street, but the German share market was hardly affected. The German blue-chip DAX Index fell by less than a full percentage point.
        Reuter  -  51 words
      • Article
        Subsidiary's turnaround boosts GSI profits
        365 10  -  By Moiz Tyebally SINGAPORE General Securities Investments (GSI), an affiliate of DBS Bank, yesterday reported a 38 per cent jump in after-tax group profits to 51.52 million last year mainly due to a turnaround at its trading subsidiary. This subsidiary. General Securities Trading Pte Ltd,
        365 words
      • Article
        Lock icon Malaysia to continue selling profitable government enterprises
        360 10 Bernama KUALA LUMPUR The Malaysian Government has and will continue to sell profitable entities, no matter whether they are profit-making enterprises or not, Bank Negara governor Jaffar Hussein said. The paradox of privatisation, where the government sold only loss-making enterprises and kept the
        Bernama  -  360 words
      • Article
        MUI reports 17pc rise in earnings to M$56.8m, expects another good year
        491 10  -  By William Chia SINGAPORE Diversified financial group Malayan United Industries has achieved a 17 per cent increase in group earnings to M 556.80 million for the year ended Dec 31, 1992. MUI, which released its unaudited results yesterday,
        491 words
      • Article
        Lock icon Vietnamese company to make shoes for Bata Malaysia
        266 10 Bernama PETALING JAYA Bata (M) Bhd yesterday signed a contract with a Vietnamese company, the Saigon Shoes Factory (SSF), to make footwear for both the Malaysian and overseas market. Under this MSI.S million (about *****,000) contract, Bata will provide SSF with the
        Bernama  -  266 words
      • Article
        SCMP earnings slip 5pc despite better operating results
        448 11  -  From Catherine Ong in HONGKONG THE net earnings of South China Morning Post (Holdings) dipped 5 per cent at the interim stage, due mainly to a higher tax burden and losses incurred in absorbing a Chi-nese-language newspaper. SCMP, which operates Hongkong's leading
        448 words
      • Article
        Glaxo profit hits record high of £819m
        387 11  -  Earnings boosted by sales of Singapore-made anti-ulcer treatment From Ray Heath in LONDON SALES of Zantac, the Singa-pore-made anti-ulcer treatment, have continued to power the profits of UK pharmaceutical giant Glaxo to new records. The group yesterday surprised analysts and critics by announcing
        387 words
      • Article, Illustration
        Lock icon Parking shouldn't be a problem
        67 11 Reuter TORONTO Michel Benchimol of Mazda Canada sitting in a concept vehicle called a Suitcase Car at the Canadian International Auto Show here on Wednesday. The vehicle's motor, steering and wheels all fold up inside the "suitcase" that is also used as the base for
        Reuter  -  67 words
      • Article
        Lock icon Sony's fourth quarter profit plunges 72pc on weak global markets
        356 11 Reuter TOKYO Sony Corp said yesterday that group net profit crumbled 72 per cent in the three months to Dec 31, 1992, as the weak global economy continued its stranglehold on consumer spending. "Sony's business environment is expected to become
        Reuter  -  356 words
      • Article
        Lock icon IBM Japan seeks early retirement of 1,200
        295 11 Bernama-Kyodo TOKYO IBM Japan Ltd plans to have about 1,200 employees aged 50 or older retire by June 30 in an early retirement programme launched in November to weather its hard times, company officials said yesterday. The target accounts for 40 per cent
        Bernama-Kyodo  -  295 words
      • Article
        HK searches for M'sian shareholders of listed Hongkew
        472 11  -  From Catherine Ong in HONGKONG MALAYSIAN residents who own two million or more shares in Hongkew Holdings, a Hongkong-listed company which has been suspended from trading since June 1991, are being sought by a government-appointed inspector investigating the company's shareholdings. A notice
        472 words
      • Article
        Lock icon Japanese consortium joins Thai steel group
        207 11 AFP BANGKOK A consortium of six Japanese companies grouped under Nippon Steel has joined Thai and West European firms in the Thailandbased stainless steel producer Thainox, according to a statement issued here yesterday. Thainox, which is to begin production later this year, was set
        AFP  -  207 words
      • Article
        Lock icon Ramos sets stage for sale of PAL stake
        146 11 Reuter MANILA President Fidel Ramos has created a committee to oversee the public auction of the government's share in a consortium that owns a majority in Philippine Airlines (PAL), a presidential palace statement said yesterday. Gabriel Singson, president of the state-controlled Philippine
        Reuter  -  146 words
      • COMPANY BRIEFS
        • Article
          Lock icon Thailand's MCC announces dividend
          50 11 Reuter BANGKOK Multi-Credit Corp of Thailand Ltd yesterday announced a 12-baht (SSSSO.77) dividend for the second half of 1992. payable on a still unspecified date to shareholders registered by noon on April 16. The Stock Exchange of Thailand set the ex-dividend date on April 8. Reuter
          Reuter  -  50 words
        • Article
          Lock icon HK firm gets Taiwan nod
          73 11 Bloomberg Business News TAIPEI Taiwan's Securities and Exchange Commission said yesterday that it has approved an application by Global Asset Management (HK) Ltd to invest US$2O million (5532.8 million) in the Taiwan stock market. Direct investment by foreign financial institutions is allowed under a programme
          Bloomberg Business News  -  73 words
        • Article
          Lock icon Caltex Philippines to shut down unit
          66 11 Knight-Ridder TOKYO Caltex Philippines Inc plans to shut down the fluid catalytic cracking unit at its oil refinery in Batangas Province for 39 days starting on May 1, company officials said yesterday. The unit, which has a rated capacity of 12,000 barrels per day,
          Knight-Ridder  -  66 words
        • Article
          Lock icon Yaohan moving into making phones
          89 11 Reuter MUMAZU, Japan Yaohan Japan Co Ltd said yesterday that it and Uniden Corp plan to form a joint mobile phone and wireless communication equipment production and sales company in Beijing together with a foreign trade unit of China International Trust and Investment Corp. Uniden
          Reuter  -  89 words
        • Article
          Lock icon Sale of stake in Eastern Century
          68 11 Bloomberg Business News HONGKONG Minerals and metals trader and manufacturer Eastern Century Holdings said in a statement to the Hongkong stock exchange yesterday that its major shareholders may sell a non-controlling stake in the company to an independent third party. It said the shareholders
          Bloomberg Business News  -  68 words
        • Article
          Lock icon ICI Australia to buy plastic film unit
          77 11 Reuter MELBOURNE ICI Australia Ltd said yesterday that it has agreed to buy Smorgon Flexipack, a polyethylene plastic film business, from Smorgon Ltd for an undisclosed sum. ICI Australia, which is 62.4 per cent owned by Imperial Chemicals Industries pic. said it had
          Reuter  -  77 words
    • FINANCE
      • SMALL CHANGE
        • Article
          Lock icon Bank of China's Tokyo loan
          58 12 Reuter HONGKONG The Bank of China (BOC) signed a five-year US$3OO million (SS4B9 million) syndicated loan in Tokyo, the Beijing-owned China News Service said. The facility is led by 11 major Japanese banks, said Hongkong-based CNS. The loan would be used in developing China's energy,
          Reuter  -  58 words
        • Article
          Lock icon Bank of Korea posts lower net profit
          80 12 Reuter SEOUL South Korea's central bank, the Bank of Korea, said net profit in calendar 1992 fell to 62.4 billion won from 563.7 billion won a year earlier. Revenue totalled 2.98 trillion won against 3.10 trillion won in 1991 and expenses 2.92 trillion
          Reuter  -  80 words
        • Article
          Lock icon Buying Indian bonds with gold
          73 12 Knight-Ridder NEW DELHI India will soon issue bonds that will be bought by investors with gold in an effort by the government to draw on and use private gold holdings, a government official said. To help the bond programme, the government has passed the Gold
          Knight-Ridder  -  73 words
        • Article
          Lock icon Tokai Bank to open Taiwan office
          79 12 AFP TOKYO Tokai Bank Ltd has received Japanese finance ministry approval to open a representative office in Taiwan next month, becoming the third Japanese bank with operations in the country, a spokesman said. The spokesman said the Nagoyabased bank hoped to upgrade the office
          AFP  -  79 words
        • Article
          Lock icon Banks to share note-issuing
          89 12 AFP MACAU Portugal's state-owned National Overseas Bank (BNU) is ready to share note-issuing of Macau's currency with the Bank of China before the territory is handed back to China in 1999, BNU chairman Carlos Tavares said. Its present note-issuing agreement with the Macau government ends in
          AFP  -  89 words
        • Article
          Lock icon Iraqi currency continues to fall
          88 12 Reuter BAGHDAD The Iraqi dinar continued falling against the dollar yesterday as Iraqis gradually abandoned hope that the new US administration would change policy towards Iraq. The dinar, which is still officially worth US$3.2O, traded on the black market at 36 to the dollar, against
          Reuter  -  88 words
      • Article, Illustration
        British American Life plans to double market share in 5 yrs
        394 12  -  Company will change name to John Hancock Life next month By Soh Tiang Keng SINGAPORE British American Life Assurance plans to double its market share in Singapore in five years. And the company, which will change its name to
        394 words
      • Article
        Lock icon China seeks funds for petrochem projects
        328 12 Reuter SINGAPORE China is seeking international funds as it gears up to become self-reli-ant in petrochemicals, a senior official at the International Finance Corporation (IFC) said. "We've been looking at China for quite a while and have been approached for five different projects in
        Reuter  -  328 words
      • Article, Illustration
        Singapore urged to liberalise banking industry further
        474 12  -  By Quak Hiang Whai SINGAPORE Singapore's banking industry should be further liberalised, said Mr Bernard Houtekier, chairman of an offshore bank committee within the Association of Banks in Singapore. In a briefing to announce his bank's latest results, Mr Houtekier, who is the
        474 words
      • Article
        Exciting growth prospects for M'sian private debt securities
        492 12  -  From William Chia in KUALA LUMPUR GROWTH prospects for Malaysia's private debt securities (PDS) market in the 1990s are exciting. Bank Negara deputy governor Lin See Yan said this week. The excitement stems from the fact that companies need more capital to
        492 words
      • Article
        Lock icon Malaysian rates seen sliding after Maybank's cut
        519 12 Reuter KUALA LUMPUR The base lending rate (BLR) cut by Malaysia's largest bank. Malayan Banking Bhd, could herald a fresh round of cuts, pushing rates down by as much as 150 basis points this year, analysts said yesterday. Maybank. seen as the market
        Reuter  -  519 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon US banks' profits may disappear if rates rise quickly
        702 13 Ramifications of President Clinton's budget remain to be determined Bloomberg Business News NEW YORK US banks could see US$l5 billion to USSIB billion (5524.4 billion to 5529.3 billion) of extraordinary' profit disappear if shortterm interest rates rise quickly. "The net interest
        Bloomberg Business News  -  702 words
      • Article
        Lock icon US corporate bond sales total US$2b as rates decline
        476 13 Bloomberg Business News NEW YORK Corporations sold US$2 billion (553.3 billion) of bonds as interest rates declined ahead of President Clinton's State of the Union speech. Some investors said they didn't buy bonds because "we're all waiting to hear what Mr
        Bloomberg Business News  -  476 words
      • Article
        Lock icon Indonesia offering 10 new areas for oil and gas exploration
        203 13 Bloomberg Business News SINGAPORE Indonesia, eager to encourage more oil and gas exploration on land and sea, will offer 10 new areas to foreign oil companies in 1993, said a senior executive of the state oil company, Pertamina. In a
        Bloomberg Business News  -  203 words
      • Article
        Lock icon Chinese demand boosts Belgium's diamond exports
        211 13 Reuter BRUSSELS Growing demand from mainland China helped Belgium's exports of polished diamonds to Hongkong rise by 47 per cent in 1992, the Belgian Diamond High Council said in a statement from Antwerp on Wednesday. llie council said exports of polished diamonds in 1992
        Reuter  -  211 words
      • Article, Illustration
        Russian oil industry president denies report of being dismissed
        467 13  -  From John Helmer in MOSCOW THE BOSS of the Russian oil industry has denied a report in a British newspaper that he has been sacked in a dispute over foreign investment in the industry. A spokesman for Lev Churilov, president of
        467 words
      • Article
        Opec fails to support falling crude levels
        401 13 Bloomberg ENERGY REPORT LONDON Crude oil and refined product futures prices opened lower on the New York Mercantile Exchange yesterday following declines in morning trading on the International Petroleum Exchange, brokers said. Prices fell in London as traders extended Wednesday's losses because of
        401 words
      • Article, Illustration
        Untitled
        1511 13 lljJt- ni'lfllUil llhh tii/i lltuhil UVHI H>f S'/**»€' i j.y> /< tiiulmt: /wrniiT hiv r«u< W* US$/S$ forward rates Noon Feb 18 sS Bid (Mlrr 1-month IkW I WOt 2-month 16.1*: Vnvmth I ,(i#' 6-month I.MW I.6J55 Vnunc (M H( Source: FOREIGN CURRENCY NOTE RATES As at I Own yesterday:
        1,511 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        131 13 The US dollar scored large gains against the major European currencies yesterday but was little changed against the regional currencies. The US dollar opened at 1.6415/20 against the Singapore dollar and fluctuated in a narrow 20-point range between 1.6410-30 most of the day. Offshore selling
        131 words
      • Article
        Lock icon London
        197 13 Reuter LONDON The dollar ended higher in Europe yesterday after a hectic day of see-saw trading. A generally favourable reception for President Bill Clinton's new economic package helped push the dollar three pfennigs higher against the mark at one point but then news that he wanted to see lower
        Reuter  -  197 words
      • Article
        Lock icon New York
        84 13 AFP NEW YORK The dollar reacted positively yesterday to President Bill Clinton's speech on his deficit reduction package. rising against other major currencies in heavy opening trading. At 9:15 am (1415 GMT), the dollar was trading at 1.6475 German marks against 1.6235 on Wednesday and at 119.60 yen.
        AFP  -  84 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars surge on Clinton budget
        1454 14 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended sharply higher yesterday boosted by short-covering from European investors following the initial rally in Asia on President Bill Clinton's speech to Congress earlier in the day. Contracts rallied on Mr Clinton's economic plan to jump start the
        Reuter  -  1,454 words
      • Article
        Renewed buying interest gives KL tin prices a boost
        974 14 COMMODITIES REPORT Tin THE price of tin rebounded and closed nine sen higher to MS 15 per kg on the Kuala Lumpur Tin Market on renewed buying interest yesterday. Dealers said the firmer trend was also in line with the steadier
        974 words
    • Article
      COMMODITY PRICES
      1700 14 Rubber MS Comndtty lad—p (tetarcs ctoilwg as at lpn) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Feb 93 Z Z Mar 93 0.00 0.00 144.25 0 830 Apr 145.75 145.50 146.25 125 8.050 May 0.00 0.00 148 25 0 7.325 Jun
      1,700 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1163 15 +6 Stocks finished ahead but off morning highs in a volatile trading day overshadowed by US President Bill Clinton's economic programme. Shares made some early gains, helped by strong trading in London overnight and continued support in the banking sector. Investors then took to the sidelines ahead of Mr
        1,163 words
      • Article
        Manila
        588 15 +49.15 Share prices soared, sparked by news that Shell expects to find substantial deposits of oil and gas in the Malampaya 2 well it is drilling off south-western Palawan island, brokers said. The Manila Stock Exchange Composite Index climbed 49.15 points, or 3.5 per cent, to end at 1,458.26.
        588 words
      • Article
        Seoul
        411 15 •11.21 Stocks slumped to close lower for the third consecutive day on pessimism about the prospects of a quick economic recovery, brokers said. The period of correction shows signs of deepening although some analysts expect a mild technical rebound today. The Composite Stock Index lost 11.21 points to 653.91
        411 words
      • Article
        Bombay
        122 15 39.4 Speculators hoping that the government's budget next week will be good for the stock market pushed up stock prices yesterday, traders said. Optimism on the budget will keep prices rising in coming days, they said. "The optimism about the budget is likely to stay on. specially because the
        122 words
      • Article
        Untitled
        174 15 New Zealand v5" Feb 18 XI (DO) ANZBank.ng 4 4(S 0.13 7304 Air No. Zealand (A) 2.24 -001 6»282 Air Ne» Zealand (B) 2 45 005 ***** BankirfNZ- 0 78 Bascorp 0*1 -001 4MXHJ Bnerles ln» 109 -001 I2ITJ9I C arter Hull 2 87 004 *****12 Cavalier 390 001 *****
        174 words
      • Article
        Taipei
        594 15 -39.66 Taiwan stocks ended lower after the index fluctuated around the 4.000-point level throughout the session in hectic trade yesterday. brokers said. The index closed 39.66 points or 1 per cent down at 3.961.50. Turnover rose to NT545.9 billion, the heaviest since last June, from Wednesday's NT543.25 billion. All
        594 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        779 15 Britannia Funds Sterling Cash Bid Offer Mini Cap Deposit 3* 3600 38 JDO Mim Jerte> Gift «O.I»T» *0 1978 Mim Mai Income I 0100 1 OMX) I S$ Cash Income Plus Fund *9 '700 *10 2900 PS Reserve Fund 5 1100 5 MOO Sterling Kquih Euro Performance j0.46 I3 0
        779 words
      • Article
        London
        617 15 +23.7 Equities closed sharply higher yesterday, lifted by a set of fairly encouraging UK economic data and strength on Wall Street in the wake of US President Bill Clinton's policy address overnight. dealers said. The FTSE-100 Index closed 23.7 points up at 2,837.7. It has now recovered most of
        617 words
      • Article
        Paris
        156 15 +21.55 French stocks closed higher yesterday after rallying in late trading on a rise in US equities, traders said. The CAC-40 Index of blue chip French stocks closed up 21.55 at 1.926.52 on volume of some 3.5 billion francs. That compares with a three-month average volume of about 2.7
        156 words
      • Article
        Stockholm
        127 15 l.llpc Lower domestic money rates and a stronger dollar lifted the Stockholm bourse higher yesterday, with expectations of a firmer Wall Street adding to the upswing. The all-share general index rose 1.11 per cent to 979.88 in high turnover of 1.09 billion crowns. Ericsson and Astra. Wednesday's big losers,
        127 words
      • Article
        Brussels
        158 15 +6.56 Strong opening gains on Wall Street activated late afternoon trading in Belgian shares yesterday, pushing them up to close near their day's highs on the last day of the forward market account. "Most investors awaited Wall Street's opening to see how it would react to President Clinton's economic
        158 words
      • Article
        Milan
        150 15 1.64pc The bourse was driven higher by the powerful performance of the Fiat group, although prices were coming off their peaks at the close yesterday. Brokers continued to scratch their heads over the causes of the surge in the car company's stocks. But the common opinion was that something
        150 words
      • Article
        Amsterdam
        251 15 +3.35 Dutch shares closed higher yesterday, reversing two days of declines as US shares and the dollar recovered from recent declines, traders said. The EOE Index, having lost 4.11 points in the past two days, closed up 3.35 points at 299.64. The dollar was up 1.15 guilder cents from
        251 words
      • Article
        Zurich
        253 15 10.5 Swiss shares were higher at the close yesterday after receiving a late boost as Wall Street opened firmer, dealers said. The all-share SPI rose 10.5 points to 1.296.1. Earlier. shares had already firmed as lower money market rates and stronger bonds lent support. Profiting from lower rates, banks
        253 words
      • Article
        Frankfurt
        196 15 I.2pc German shares dashed to their highest closing level in seven months yesterday, inspired by optimism German interest rates are about to fall, a recovery in the dollar and a steady Wednesday close for US stocks. The 30-share DAX In- dex jumped 1.2 per cent, or 19 points, to
        196 words
      • Article
        Johannesburg
        302 15 +2 South African gold shares fell victim to local profittaking after some overnight US selling and a lower gold price took the wind out of recent bullishness. Dealers said the falls had been anticipated as recent gains were "fundamentally unsustainable." but investors, especially foreigners, remained upbeat about local gold
        302 words
      • Article
        Toronto
        291 15 +7.2 Toronto stocks opened with strong gains following a rally on Wall Street on a wave of relief after President Clinton's televised address on Wednesday night, traders said. Bond prices also firmed in Canada and the US on Mr Clinton's speech. The RSE-300 Index was up 13.5 points at
        291 words
      • Article
        New York
        759 15 +2.7 Wall Street share prices rose yesterday as the market reacted well to the economic programme presented to Congress by President Bill Clinton late Wednesday in Washington. At II am (1600 GMT) the Dow Jones Industrial Index was up 15.92 points at 3.320.11 in very heavy trading, with
        759 words
    • Article, Illustration
      Lock icon HONGKONG
      2849 16 Reuter HONGKONG Overseas fund managers, buoyed by China's release of a top dissident of the 1989 Beijing pro-democ-racy movement, bought actively, sending the Hang Seng Index up sharply at the close yesterday, brokers said. The blue chip indicator surged 99.48 points, 1.63 per cent, to finish at 6,186.94, a
      Reuter; Source: Bridge Info  -  2,849 words
    • Article, Illustration
      CHINA
      467 16 THE Shanghai B market experienced a busy day and turnover exceeded US$9.2 million. The CLSA Shanghai B Index surged 2.35 per cent to 1,145.52. Refrigerator, up 5.7 per cent, was the best performer in the B market, while Tyre Rubber, up 2.7 per cent, registered the biggest turnover that
      467 words
    • Article, Illustration
      Lock icon TOKYO
      2521 16 Reuter STOCKS ended slightly weaker on late futures-led selling in seesaw trade, with the Nikkei closing below 17,000. The market was dominated all day by trade linked to arbitrage, brokers said. However, overall sentiment was helped by firmer NTT share prices, they added. "Some investors have started welcoming the
      Reuter; Source: Bridge Info  -  2,521 words
    • Article, Illustration
      Lock icon BANGKOK
      1842 16 Reuter BANGKOK Thai stocks ended the day sharply lower on continuing concern about how First City Investment Co Ltd, which has been hit by a public run since November, would be rescued and if other finance firms would suffer, brokers said. The SET index closed down 11.81 points at
      Reuter; Source: Bridge Info  -  1,842 words
    • Article, Illustration
      Lock icon JAKARTA
      904 16 Reuter JAKARTA Financial sector shares topped the market as prices ended mixed in what brokers said was mostly local trading. The Jakarta Composite Index ended down 0.77 points at 301.92. Panin Bank was the most active, shedding 75 rupiah to 1,300 while PDFCI, which is partly owned by the
      Reuter; Source: Bridge Info  -  904 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2447 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Metropkrx 50c 4.890.000 Muki-PurpoK 3.356.000 Kcnong BhJ 50c 3.147.000 M Rcsounvs 2.411.000 Tongkah Hldas 2.140.000 Kamunting 50c 1.893.000 Promct 1.708.000 Tcch Kcsourccs 1.679,000 Simc Darby 50c 1.626.000 Sd Drcdg 50c 1.211.000 CASH 50c 1.176.000 Tan I hong 50c 1.175.000
      Source: Bridge Info  -  2,447 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Property stocks gain with lowering of rates
        4832 17 Bernama KUALA LUMPUR Property stocks gained from a lowering of interest rates to lead share prices here to a steadier close yesterday despite blue chips coming under pressure. Selling of index-linked stocks saw the KLSE Composite Index closing 2.7 points down at 623.11.
        Bernama; Source: Bridge Info  -  4,832 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        5609 18 IMW BOARD Gr Gf *****3 Lmt V«l Dn Lai Qh* DH Dh YU Nil M Cm HJfh Low Caapaay Safe COO#) High Lam Bayer Sdfer O P/E Sail INDUSTRIAL AND COMMERCIAL 290 170 Acma 287 unch 316 290 286 217 288 12.2 2.1 4.3 16.6 177.3 210 210 s Alex
        5,609 words
      • Article, Illustration
        Lock icon Prices recover as investors return cautiously
        1071 18  -  By R Sivanithy SINGAPORE Share prices rebounded yesterday in moderate trading as investors returned cautiously to the market following Wednesday's across-the-board falls. All major indices closed higher. The Straits Times Industrials Index gained IS.S7 points to 1,632.13. The BT-MGA Index put on 2.03 points
        Source: Bridge Info  -  1,071 words
      • Article, Illustration
        Lock icon Metroplex
        67 18  -  HOTfTOCK Quak Hiang Whai METROPLEX looks destined to form a double top with resistance around the current level. Daily and weekly stochastics have reached almost 100, signalling a brief downturn soon to complete the formation. But there is still a good chance of the stock breaking towards 70 cents
        SOURCE: BRIDGE INFO  -  67 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      206 9 B For Immediate Sale Jetset Centre 288 Edward Street Brisbane, Queensland, Australia I THE JETSET CENTRE The Perfect Property For The Current Market Why? The Price $36,000,000 11% yield on current cashflow. $168 per square foot ($lBO9 per square metre) of net lettable area. 60% of estimated replacement cost. Why?
      206 words
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      150 10 B U s 1 N E s s TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 I fROTEKIYaa&MB Yamaichi Merchant Bank (Singapore) Limited is embarking on a H modest expansion plan. In Japan, we have 126 branches, 7 representative offices I I and 15 subsidiaries world-wide. Apart from trust funds,
      150 words
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      Page 10 Advertisements Column 2
      48 10 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 Q a C WE HAVE MOVED. As of the 22-2-1993 we can be found, as we were, but at our new address: designphase private limited 11 STAMFORD ROAD #03-05 CAPITOL BUILDING SINGAPORE 0617 TEL: 339 3677 FAX: 334 7280
      48 words
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      365 11 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 -'Tiqfry— TIGER ENTERPRISES LIMITED We are part of a leading Hong Kong based manufacturer and retailer of apparels employing over 8,000 people in Asia. To support our fast-growing apparel chain stores in the People's Republic of China, we are looking for
      365 words
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      Page 12 Advertisements Column 1
      161 12 f This announcement appears as a matter of record only p PARKWAY HOLDINGS LTD FINANCING PACKAGE OF SslBo MILLION AND US$2O MILLION Comprising S$ 120 million Short Term Advances Facility SSSS million Fixed Advances Facility Sss million Overdraft Facility US$2O million Multicurrency Revolving Credit Facility Arranged and Managed by ©DBS
      161 words
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      308 14 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THfcMAHbHUITHE COMPANIES ACT, CAP. 5C AND IN THE MATTER OF HORNELL SPEEOOLAS (PACIFIC) PTE LTO (In Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS Pursuant to Section 290 (2)(b) At an Extraordinary General Meeting of the Company held at
      308 words
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      Page 14 Advertisements Column 2
      300 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TRAVEL BAGGAGE TRANSPORT (PTE.) LIMITED (In Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS (Pursuant to Section 290 (2) (b)) At an Extraordinary General Meeting of the Company held at Shaw Centre, 13th 14th Storeys.
      300 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      77 16 i E YOUR MONEY IN A BOX. < Reuge (pronounced ruhj music boxes make gifts ot IT'S MORE RELIABLE THAN SHARES. u WWin, 200 M Sw« tradition, they pei(omi beautifully every day for years cm AND MORE PLEASING M*l (unlike many Amim w couU mention). TIJC r ADC an investment
      77 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      56 17 THE MASTER MasterCard, ml e o :^S^P?.S? 5 -£,> 72* WMXM$4 4*#*' *?Mf~ W&mM£8& (V YOU'VE GOT THE WHOLE WORLD IN YOUR HANDS 'fe'&v ''•»£.> .«3PSM-<| ;#,>• 4 *--t l.€;5 l P* v< j* i 3? P53 Li. *'-i mteSi/mmfZW' »-V- v'. <"■' < J .-rsrj V ir v .<
      56 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      64 18 f JIL BERTOLUCCI -J J THf HOC* CLASS Lucky "ua T«l *****200 Scon T«t: 2J*****/7l* Omport T«4: ***** M *tn.nKjUPUuT«t))7UOV)MSM]*ral*iltcnMunaT«t:7J)l2U/S4)«KjfflHTci:])4J24l Chan*AtfponTcm*n»l UKJ 1 ((MI Wn< Wmpl Tct WWbVO Tcmn*l 2 (Sou* Trt S42MSI q Mt AfM TM€ MOU« CLASS 20 WHon) Ko«j *07-00 bthi -p io S~. ACC H ■ufcfra
      64 words
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  • SPORTS
    • Article, Illustration
      Lock icon Parry takes lead, Senior scores hole-in-one
      425 19 Australian Masters Golf AP MELBOURNE Defending champion Craig Parry fired a six under par 67 to grab the first round lead of the Australian Golf Masters here yesterday, but compatriot Peter Senior stole the spotlight with a hole in one. Parry's flawless round gave
      AP  -  425 words
    • Article, Illustration
      Lock icon All set for some rough and tumble
      550 19  -  Rugby By Shahiron Sahari SINGAPORE The yellow and black striped tents are up, the players are primed and ready, and the Padang is as hard as it gets this time of year. Welcome to the Singapore Cricket Club Rugby Sevens, arguably the best
      Picture by Arthur Lee  -  550 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        28 19 AFP WASHINGTON Wednesday's NBA results: Orlando 111 Denver 99; Miami 111 Detroit 107; New York 124 Charlotte 116; Cleveland 124 Dallas 97; Indiana 12S Sacramento 99. AFP
        AFP  -  28 words
      • Article, Illustration
        Lock icon Cricket
        53 19 Reuter NEW PLYMOUTH, New Zealand Australia beat a New Zealand Board XI in a three-day match by nine wickets yesterday. Scores: New Zealand Board XI 264 for nine declared (M Crowe 163) and 150 (M Hughes four for 23). Australia 348 (J Langer 89,1. Healy 87 not out) and
        Reuter  -  53 words
      • Article, Illustration
        Lock icon Golf
        214 19 Reuter AFP KUALA LUMPUR Leading first round scores in the Malaysian Open yesterday: 67 Vijay Singh (Fiji), Erie Meeks (US) 68 Choi Sangho (S Korea), Bob Mattiace (US) 69 Yang Yong-nam (SK), Todd Hamilton (US), Carlos Larrain (Ven) 70 Young Keun-han (SK), Zaw Moe (Bur), Hsieh Chin-Sheng (Tai), lan
        Reuter; AFP  -  214 words
      • Article, Illustration
        Rugby
        129 19 SINGAPORE Kick-off times for tomorrow's major games at the SCC Sevens at the Padang: 0830 hrs Kaitake (NZ) v Casuarina (Aus), 0850 Bahrain v Colombo (Sri Lanka), 0910 Durban (SA) v Watembezi (Ken), 0930 Takapuna (NZ) v Palmyra (Aus), 0950 Easts (Aus) v Lcs Corsaires (Tha), 1010 Duavata (Fiji)
        129 words
      • Article, Illustration
        Lock icon Tennis
        262 19 Reuter AP AP OKLAHOMA CITY, Oklahoma Results at the US$l5O,OOO Oklahoma City Classic women's tournament Wednesday (prefix number denotes seeding): Meredith McGrath (US) b Sophie Amiach (Fra) 6-4 6-2; Linda Ferrando (Ita) b 5-Sabine Appelmans (Bel) 7-5 6-4; Tami Whitlinger (US) b Helen Kelesi (Can) 4-6 6-3 3-3 (retired);
        Reuter; AP  -  262 words
    • Article
      Lock icon It seems that Tyson has a shot
      640 19 NYT NEW YORK Now Mike Tyson, who once called himself the baddest dude on the planet (with documentation to make that case), had placed his considerable self in the hands of the man in the trench coat, Alan Dershowitz, the renowned attorney from
      NYT  -  640 words
    • Article
      Lock icon Rain halts play, Singh and Meeks share lead
      174 19 Malaysian Open Reuter KUALA LUMPUR Heavy rain halted play on the first day of the U*****,000 Malaysian Open golf tournament yesterday with favourites Vijay Singh of Fiji and American Eric Meeks sharing the lead with five-under-par rounds of 67. Singh, who won
      Reuter  -  174 words
    • Article
      Lock icon Golfer Davis: the last of the old guard
      222 19 AP MELBOURNE Rodger Davis is one of a dying breed. In almost two decades as a professional golfer, the 41-year-old Australian has never let the game interfere with his social life. Davis enjoys a beer, loves playing cards and goes shooting and
      AP  -  222 words
    • SIDE LINES
      • Article
        Lock icon Jordan to skip the golf
        136 19 AP SALT LAKE CITY, Utah Michael Jordan has responded to Governor Mike Leavitt's invitation to play golf, and the answer is no, thanks. Leavitt said on Wednesday that Jordan called over the weekend to say he's sorry but he won't be able to golf while
        AP  -  136 words
      • Article, Illustration
        Lock icon Sea-faring pedal-pusher
        48 19 Reuter NAHA, Japan Japanese adventurer Kenichi Horie (above). 54, waving on his arrival home at Naha port in Okinawa on Wednesday after pedalling 7,500 km from Hawaii. On his 110-day sea journey, he manoeuvred his boat with a set of bicycle pedals connected to a propeller.
        Reuter  -  48 words
      • Article
        Lewis-Christie showdown planned
        71 19 RALEIGH, North Carolina British organisers are trying to arrange a showdown between 100-metre world record holder Carl Lewis and Olympic champion Linford Christie in Britain this summer, Lewis's business manager said on Wednesday. "That's one of them," Joe Douglas told Reuters when asked about offers to put
        71 words
      • Article
        Lock icon Polynice to fast in protest
        95 19 AFP MIAMI, Florida Olden Polynice, the Detroit Pistons' Haitian-born centre, says he will fast on days when his National Basketball Association team is not playing to protest United States policy on Haitian refugees. Polynice joined a hunger strike launched by activist Jesse Jackson in an
        AFP  -  95 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      88 19 This announcement appears as a nutter of record only. January 1993 £67,500,000 CDL Hotels (U.K.) Limited a subsidiary of CDL HOTELS INTERNATIONAL LIMITED has purchased a 100% freehold interest in Gloucester LONDON A 548-room, luxury hotel located in Kensington, London The undersigned served as acquisition and financial advisor to CDL
      88 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      569 20 Nothing Beab A Bud, P"ng '&ESS2SS Penang High Tea Come and sample our revamped menu at Princess Terrace. It's extra delicious! Available every Saturday, Sunday and Public Holidays A.t only $11.80++ per adult and $6.80 per child, The combined experience of inclusive of coffee/tea, this is our Penang chefs total
      569 words
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      Page 20 Advertisements Column 2
      279 20 WHERE TO WINE, DINE AND ENTERTAIN Our weekend tea is so satisfying, people sometimes break into song. .WfL Choose from an astonishing variety of savoury and sweet favourites. And if that's not enough, our tea special also includes karaoke at Singsation, Singapore's only theme karaoke lounge. So pop over to
      279 words
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      Page 20 Advertisements Column 3
      285 20 jHB For only $30++ per person. Come and taste the difference at The Stables! Available every day of the week except Sundays and Public Holidays. Lunch: 12 noon 2.30 pm r—V For reservation!, please call *****51. *—> CfMraaa 333 Orchard Road 0923 Tel: 7)***** l_ &Mariqp, Level 4 ✓jf |h
      285 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Jackson and Hyde
      897 21  -  After shunning interviews for 14 years, Michael Jackson finally speaks to his fans through Oprah Winfrey. Ann Powers tries to uncover the real man behind the superstar Ann Powers NYT FIRST, make a decision: believe Michael Jackson or don't. And then forget your decision, because it doesn't
      NYT  -  897 words
    • Article
      Lock icon Maiden reveals how his nose got that way
      324 21 CHATTERBOX AP AP AP KARL MALDEN is proud of his Hoosier roots and his Indiana Governor's Arts Award. He also gives the state credit for his large nose. "You're looking at the only actor in Hollywood whose nose qualifies him for handicapped
      AP  -  324 words
    • Article, Illustration
      Lock icon Shooting for top awards
      560 21  -  Once ignored by the Academy, Clint Eastwood has now grabbed a fistful of nominations. Matt Spetalnick reports Matt Spetalnick Reuter CLINT EASTWOOD, once dismissed by critics as a tight-lipped "spaghetti Western" star who let his six-shooter do his talking, is saddling up again this time to
      Reuter  -  560 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      99 21 7th to 28th Feb '93 The one seafood believed to have the aphrodisiac effects will be prepared in a variety of exotic ways in Cnina China Restaurant to satisfy the appetite of prawn lovers. A la carte or set menus available for lunch and dinner. For reservations, please call our
      99 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      1240 21 TV RADIO j The Dream is Alive: 20tti Anni- ~HTg/if /al^^ versary onWalt DtsStars galore as Amy Grant, k Goldie Hawn. Robin Williams, Whoopi Goldberg, Eddie Mur- y":T phy, Steve Martin, Carol Bur- and Baby Sinclair (from the series "Dinosaurs") cele- brate this joyous occasion. This on v music features
      1,240 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Burger King grows by getting smaller
      456 22  -  Fast-food chain Burger King is setting up smaller outlets in high-traffic suburban areas. Hong Lee Tiam speaks to vice-president Sidney Feltenstein Hong Lee Tiam THE BURGER King chain is doing better in Singapore than anywhere else in the world. Overall, the 19 local outlets
      456 words
    • Article
      Thai TV had biggest chunk of ad revenue
      385 22 But radio posts highest growth among media Television continued to dominate advertising revenue in Thailand last year, but radio registered the highest growth among five major media options, reported the Bangkok Post last week. According to Media News, released by Ogilvy Mather,
      385 words
    • Article
      TVB plans 3-year S-E Asian expansion
      298 22 TVB International Ltd (TVBI), a leading Hongkong producer of Chi-nese-language TV programmes and videos, plans to aggressively expand its presence in the South-east Asia region within three years, starting by penetrating the Thai media market, The Nation reported last Saturday. As part of its
      298 words
    • Article
      A big spender among Asians
      430 23  -  Taiwan's record 1992 advertising expenditure was one of Asia's highest. Lim Soon Neo reports from Taipei Lim Soon Neo TAIWAN'S advertising expenditure last year hit a record NTS7O.I billion (554.4 billion). This puts Taiwan in the same ranking as South Korea and just behind Japan
      430 words
    • Article, Illustration
      Bankers go a-courting with innovative products
      862 23  -  Retail banks are using a whole arsenal of weapons to win the battle for customers, reports A J Leow A J Leow This article first appeared in the February issue of Singapore Business RETAIL banking will never be the same again. Faced with razorsharp
      862 words
    • COPY LINES
      • Article
        Art on a Swatch
        54 23 SINGAPORE Pan of the Art. That is the theme of Swatch's 1993 Spring/Summer collection. It comprises 37 regular Swatches. 16 Pop Swatches, seven Swatch automatics and eight Swatch Scubas and Chronos. This new collection will be introduced progressively and will be available from all Swatch shops
        54 words
      • Article, Illustration
        Reebok clothes for Shark lovers
        69 23 SINGAPORE Fans of golfer Greg Norman, also known as The Shark, can now don sporting apparel endorsed by the famous Australian. According to Bill Sweeney, marketing director of Reebok International Asia/Pacific, Norman has been representing Reebok for nearly five years and his new collection comprising
        69 words
      • Article
        Emblem for 1998 Winter Olympics
        74 23 TOKYO The official emblem of the 1998 XVIII Winter Olympics was recently introduced by the Nagano Olympics Organising Committee. The emblem, chosen from over a thousand design concepts, was designed by corporate identity consultants Landor Associates. It shows athletes in motion around a pattern resembling
        74 words
      • Article
        Mechanical watches back in style
        87 23 SINGAPORE Swiss mechanical watches are making a comeback, achieving a spectacular 23-per<ent increase in world sales last year, according to Robert J Burnett, president of Camy of Switzerland. In terms of value, the traditional mechanical watch also sold well, making up 44 per cent of
        87 words
      • Article
        STPB wins advertising award
        56 23 SINGAPORE The Singapore Tourist Promotion Board (STPB) has won the bronze award for a print advertisement in the first Reader's Digest Asian Pegasus Awards (English Edition). The winning ad was from the STPB's new advertising campaign launched last year. Three photographs were used in the ad
        56 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      319 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FINLAYSON HOUSE PRIVATE LIMITED (In Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Pursuant to Section 290 (2) (b)] At an Extraordinary General Meeting of the Company held at 152 Beach Road *15-00 Gateway East.
      319 words
    • Advertisement
      Page 22 Advertisements Column 2
      252 22 THE COMPANIES ACT, CAP. SO CREDITORS' VOLUNTARY WINDING UP NOTICE OF APPOINTMENT AND SITUATION OF OFFICE OF LIQUIDATORS Name of Company: PEB Technologies (Asia) Pte Ltd Company No: *****0246E We, Don M. Ho and Wee Aik Guan of Deloitte Touche, NRIC Nos *****68/E and *****56/J hereby give notice that At
      252 words
    • Advertisement
      Page 22 Advertisements Column 3
      301 22 TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 ADVERTISEMENT FOR CREDITORS IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF MART MIRAGES INVESTMENTS PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN that the CREDITORS of the abovenamed company, which is being wound up voluntarily,
      301 words
    • Advertisement
      Page 22 Advertisements Column 4
      404 22 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER Of DOWELANCO (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companiee Act, Chapter 50. that the FINAL MEETING of the Members of the abovenamed Company will be held
      404 words
    • Advertisement
      Page 22 Advertisements Column 5
      388 22 IN THE MATTER OP THE COMPANIES ACT, CAP. 30 AND IN THE MATTER OP EVEROSY AGENCIES PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE TO CREDITORS NOTICE IS HEREBY GIVEN thai the creditor* of Everoty Agencies Pte Ltd which U being voluntarily wound-up, an required on or before 19 March 1993
      388 words
    • Advertisement
      Page 22 Advertisements Column 6
      326 22 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF JOANNA ft CHARLES (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary Ganeral Meeting of the members of Joanna Charlea (Singapore) Pte Lid. duly convened and held at 586 North Bridge Road #06-08. Bianco Court
      326 words
    • Advertisement
      Page 22 Advertisements Column 7
      120 22 International Factors (Singapore) Ltd A member of The ECICS Group 5510,000,000 Series Three Floating Rate Due 1994 In accordance with the provisions of the Notes, notice is hereby given that for the three-month period from 19 February 1993 to 19 May 1993, the Notes will carry a rate of interest
      120 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      40 23 The Natural Salesman sells effectively in the right media and the right company. Classified the people finder. THE STRAITS TIMES THE SUNDAY TIMES BUSINESS TIMES THE NEW PAPER UANMC ZAOftAO UANHE WANBAO SHINMIN OAHY NEWS IE RITA MARIAN BERfTA MINGGU
      40 words
    • Advertisement
      Page 23 Advertisements Column 2
      24 23 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... To aduMtiw your Appointments or Notices, caN toll-free 1-800 737 0043 I Tla* fiteraito TtflMM I
      24 words
    • Advertisement
      Page 23 Advertisements Column 3
      138 23 Mf Shellharbour Square SHOPPING CENTRE AUSTRALIA For Sale By Private Treaty Major Regional Shopping Centre located in Interested parties should contact a leading growth area on the New South Roger Fairweather or Jim Birtwistle: Wales Coast. Byvan Management (NSW) Pty. Ltd. National tenants include K Mart, Coles and 916 Pacific
      138 words
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  • Article
    Way to go, Bill!
    470 24 EDITORIAL AMERICANS worry too much. Or rather, they worry too much when they ought not to, and worry too little when they really ought to. During the last four weeks they watched in frustration as their new president's vision, charisma and boundless energy for change appeared
    470 words
  • WHAT THE OTHERS SAY
    • Article
      Manila must now act
      325 24 THE VISIT by President Fidel Ramos to Singapore was more than just a routine round of calls to Asean capitals which the Philippine leader was expected to make after assuming office last June. It reflects Manila's interest in seeking economic cooperation with its Asean partners after
      325 words
    • Article
      American sacrifice
      156 24 LESS THAN a month in office and US President Bill Clinton has made a frank appeal to his countrymen that they may have to pay more taxes. In his attempt to revive the American economy, Mr Clinton has proposed wide ranging measures including tax breaks for businesses that
      156 words
    • Article
      CPC defines market economy
      169 24 THE Central Party of China (CPC) is proposing constitutional changes to re-define "nationalised economy" as "national economy" and "planned economy" as "market economy" largely as a gesture of its willingness to legitimise Deng Xiaoping's theories. Not only will this re-affirm the leading role of the market
      169 words
    • Article
      Time for change
      221 24 UNPRECEDENTED solidarity has been shown by all those who cherish freedom, for the release of Myanmar opposition leader Aung San Suu Kyi, who has been detained by the Yangon military junta since 1989. Change must begin and now it is time for Thailand to reassess its "constructive
      221 words
    • Article
      It all comes from TV
      204 24 ASKED ONCE what had caused the stunning collapse of communism in Eastern Europe, Polish leader Lech Walesa pointed to a nearby television set. "It all came from here." Yes, television has helped topple totalitarian governments and promote global democracy. It has also led a modern
      204 words
  • Article, Illustration
    Lock icon Singapore refines its status as an oil centre
    756 24  -  Kieran Cooke reviews the recent and rapid growth of petroleum-related investments throughout Asia Kieran Cooke FT LAST WEEK British Petroleum, Caltex and the local Singapore Petroleum Company announced a SSI.3 billion refinery project in Singapore. This is significant, not just in dollar
    FT  -  756 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      128 24 «&•<• sp '^ani -iTlt jnii^Miaiff^! Ma>giiiii..' a iaMMaaa<iM^^ SSI UNRIVALLED COMFORT. WteUf gjP v y v /ml" v-ini->saMk gj| l7?jjgga|M> Opening March 1993 To make you feel relaxed and productive,the deserve a hotel that works as hard as you do? For more Swiss Garden Hotel has seen to every little
      128 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      38 24 bJWO »S TWe THe, ST. LL ~W£. DOoR CN M»S PoOT UP OM TW£ D&SK ROOWNC* WITH <) g£g|^'M^^t»g£». y \.e.oweg MfcS C IMOCLAriDHCWI#>FIHI LID IH2I (<] DOONESBURY GARRY TRUDEAU fcnfayT fci" /cT uc HMM... I MUST XAJWANT 7 aS^U
      38 words
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  • ANALYSIS
    • Article, Illustration
      The heat is on for Japan
      1495 25  -  Japan's foreign policy in a post-Cold War world Pressure is mounting increasingly on Japan to cut its rising surplus with the US. S N Vasuki reports S N Vasuki THE recent strain in USJapan relations was symbolically illustrated this week when Japanese Foreign Minister
      1,495 words
    • Article, Illustration
      Japan strikes out on its own
      1509 25 Although Japan has traditionally followed America's cue on foreign policy, it now appears to be taking an independent path when dealing with Russia and China "W" APAN is still reeling from I the after-shocks of the collapse of communism and has taken an unusually
      1,509 words
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  • Article
    UK jobless figure hits 3 million for second time in decade
    449 26  -  From Ray Heath in LONDON UNEMPLOYMENT in Britain has reached three million for the second time in a decade. The number without work in January rose by 79,000 to 3.062 million, the first time it has topped the politically
    449 words
  • Article
    Lock icon Yeltsin submits power-sharing deal to Parliament
    408 26 Reuter AFP MOSCOW Russian President Boris Yeltsin yesterday formally proposed a freeze in his power struggle with the more conservative Parliament under which both sides would respect the existing division of powers. His proposals, presented to parliamentary leaders on Wednesday but made public yesterday,
    Reuter; AFP  -  408 words
  • Article
    Lock icon US December trade deficit shrinks but annual gap widens
    478 26 Reuter AFP WASHINGTON The US trade deficit shrank slightly in December to U556.95 billion (SSI 1.4 billion) but the annual shortfall for 1992 ballooned to the highest level in five years. The government said yesterday that more than half of America's
    Reuter; AFP  -  478 words
  • Article
    Lock icon Brittan encouraged by talks with Washington
    311 26 AP BRUSSELS The European Community's top trade negotiator said yesterday that reccnt talks in Washington left him convinced the Clinton administration wants a successful conclusion to world trade talks. But Sir Leon Brittan warned it will not be easy to resolve EC-US disputes that
    AP  -  311 words
  • Article, Illustration
    Will Clinton outgrow his Slick Willie image?
    823 26  -  The Bottom Line WAYNE LAU WAYNE LAU The writer is an American citizen who has lived in Singapore for more than 10 years. READ MY LIPS. Those were the three words that marked the fall of George Bush a US president whose tenure
    823 words
  • Article
    Lock icon Japan should get Security Council seat: UN chief
    301 26 Reuter AFP TOKYO Japan should be given a permanent scat on the United Nations Security Council and take part in more peacekeeping operations worldwide, UN Secretary-General Boutros Boutros-Ghali said as he ended a visit here yesterday. He told a news conference a
    Reuter; AFP  -  301 words
  • Article, Illustration
    Lock icon You can't roll with it if you're not an orange
    660 26 Reuter SEOUL They call themselves the "Orange Tribes" rich South Korean youngsters who flaunt their good looks, flashy cars, fat wallets and, unusually in this straitlaced society, boast of indulging in casual sex. The membership rites are materialistic in the
    Reuter  -  660 words
  • Page 26 Advertisements
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  • Shipping Times
    • Article
      Shipping lines upset over PSA's revised berth scheme
      552 27  -  By Dexter Lee SINGAPORE The Port of Singapore Authority has drastically revised its Appropriated Berth (AB) scheme, leaving a trail of visibly upset shipping line executives who are crying foul over the changes. Several container AB operators told BT they are reconsidering
      552 words
    • Article
      Lock icon Handy-size market especially bullish
      231 27 Knight-Ridder NEW YORK The overall tone of the freight market remains very bullish, especially in the 20,000-to-40,000 dead-weight-ton "handy-size" market. Several grain houses are sitting it out on the sidelines this week wondering just how much handy-size freight will cost. US exporters report that there have
      Knight-Ridder  -  231 words
    • Article
      Lock icon Madras to boost coal handling facilities
      189 27 Knight-Ridder NEW DELHI India is to set up a satellite port in the southern outskirts of Madras capable of handling 16 million tonnes of coal a year, a Madras port official said on Wednesday. The proposal will cost 5.56 billion rupees (***** million). The
      Knight-Ridder  -  189 words
    • Article
      NOL to launch express container service
      179 27 SINGAPORE Neptune Orient Lines (NOL) will start a new cross-continental container liner service in April, launching the line into the league of global operators. The fixed-day weekly service between the Far East, North America and Europe, known as the Pacific Atlantic Express (PAX), will
      179 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1137 27 Page Col ABC Containerline 12 1 Accord Group 3 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 ASCL 5 5 Asian Breakbulk 16 5 ASXCL Shpg 15 2 Avant Shpg 6 4/5 Avia
      1,137 words
    • Article, Illustration
      Newcomer to offer free weekday cruises
      599 27  -  By Juliette Walker SINGAPORE Regent Spirit and Del fin Star newcomers to the region's mass-market cruise industry are charting new waters to make it through the market's post-holiday lull. The 570-passenger Regent Spirit recently stopped sailing its 5-day/4-night weekday circuit to Belawan, Phuket, and
      599 words
    • Article, Illustration
      Lock icon Time to take stock of tanker safety
      1385 28 The latest tanker accidents at Europe's doorstep have sparked off an intense debate on maritime matters, especially the issue of safety International Transport Journal WHILE the light North Sea crude oil washed out of the wrecked tankers Braer and Aegean Sea might have
      International Transport Journal  -  1,385 words
    • Article
      DAILY FREIGHTS
      700 28 CONTINUED firmness in the panamax freight sector on tight supply which emerged last week saw the Baltic Freight Index leap 16 points to 1,351 on Wednesday, brokers said. All grain routes and the iron ore sub-index were marked up while coal was steady to higher. US Gulf/Japan grain
      700 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      573 28 Crton v^roon Feb 10 Density Water Residue Ash Alunran Seftnent Density Water Rtsiite Ash S«fcmnt M/M Exxon Exxon KG/M*3 V/V M/M M/M PPM method KG/M*3 t V/V M/M M/M PPM method BO/Cnac lints Spec E25 991 1.0 15.0 0.10 30* 0.10* Eastern USA 180 Ave 982
      573 words
    • Article
      TRANSPORT DIARY
      314 28 COURSES 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. Feb 23-24: Aviafuel '93 Conference organised by IBC Technical Services Ltd. For enquiries, please call: 733-8888 or fax: 732-8838. Feb 25: Maritime Arbitration In Singapore
      314 words
    • Article
      THE SHIPPING GUIDE
      12385 36 Ihis is a list of ships loading at Singapore lor 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 P!\: ship calls at Pcnang after
      12,385 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        513 43 Vks4 Wgjit Bmt\ Vmi Pgjrtw Vessel toy Wo Berth fcrw* Departae iurong Port Kns Madura 03E P03 alongside 1902/0600 Calayan Irs 1 J4 alongside 19 02/1200 Lampung Jaya 2/93 P07 alongside 18.02/1800 Cementco 261 110 alongside 1902/1500 Mercury lade 04t P10 alongsde 1902/1500 N Krupskaya J5/6 alongside
        513 words
      • Article
        MALAYSIAN PORTS
        147 43 Penang Port hi the roads: Kasturi, Palm Sea Horse, Nagoya 2, Penbunk er, Hang Jun 4009, Alam Indah, Pioneer Elegant, Ocean Lily, Malayan Princess, Smartlor, Kamnik, Bunga Kiara, Richway, Yanms I, Zhong Fa, Thai Ho No.l, kran Maru 3002, Ju Yong Guan, Samudra Raj, Abadi. Santos. Bunga Seroja,
        147 words
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        CONTAINER SCHEDULES
        1571 43 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS S*> toy H» Contann iwMjt 9*> Hp Contaiw avafatfc i moa i a 3S 17.02.93 1206 Un Superb A&052 COO(EST) 18.02.93 2000 Ad Goncharo* 09S193 17.02.93 1220 B Metor 091 COO(EST) 18.02.93 2100 Sam Bay 13N 17.02.93 1500 Josmdo 1 3014N1
        1,571 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        UPS launches cellular mobile data service in US
        491 46  -  By Juliette Walker SINGAPORE Atlantabased United Parcel Service (UPS) has broken new ground in door-to-door deliveries by using cellular technology to take its global information network to the customer's doorstep. Last Monday, UPS activated a US-wide cellular mobile data service that enables
        491 words
      • Article
        Lock icon Eurotunnel to sue British Rail
        434 46 UPI LONDON Eurotunnel, the company building the tunnel under the English Channel, said on Wednesday that it would sue British Rail for at least US$29 million (5547.8 million) because its international terminal will not be ready in time for the opening of the passageway connecting
        UPI  -  434 words
      • Article
        Lock icon Heathrow plans fifth terminal
        333 46 Reuter LONDON London Heathrow, the world's busiest international airport, said on Wednesday it was seeking planning permission to build a fifth passenger terminal which would cost up to £900 million (SS2.I billion). The fifth terminal, expected to be ready in 2002, will nearly double Heathrow's capacity
        Reuter  -  333 words
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        Lock icon TWA files bankruptcy reorganisation plan
        454 46 AP NEW YORK Business has been picking up at Trans World Airlines in recent weeks, executives said on Wednesday as TWA filed its bankruptcy reorganisation plan. "Since the end of January, there have been upturns in every one of our indicators." said Glenn Zander, TWA
        AP  -  454 words
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        SilkAir to increase flights to Phnom Penh
        83 46 SINGAPORE Silk Air will soon increase its air services between Singapore and Phnom Penh in Cambodia to four times a week, up from three times currently. The regional carrier, wholly owned by Singapore Airlines, said in a statement yesterday that the extra flight
        83 words
      • LOG BOOK
        • Article
          Lock icon Salvage industry needs funds: report
          74 46 Reuter LONDON Marine salvors warned that unless urgent multilateral action is taken to boost its deteriorating capacity, the industry will decline. The Salvage Working Group, which represents the views of shipowners, insurers, salvors and other interested parties, released these findings in a report entitled "Meeting
          Reuter  -  74 words
        • Article
          Lock icon United Airlines to sell flight kitchens
          64 46 UPI CHICAGO United Airlines, one of the few US carriers that still owns its own flight kitchens, said on Wednesday it will put up for sale its 17 operations across the country, a move that will affect about 5,800 workers. United said it has
          UPI  -  64 words
        • Article
          Lock icon HK warns ships of pirate attacks
          78 46 AFP HONGKONQ Ships plying the South China Sea route have been warned to stay alert for possible pirate attacks after a series of maritime confrontations, the Hongkong Marine Department said yesterday. The warning was issued by the department and the Hong Kong Shipowners' Association
          AFP  -  78 words
        • Article, Illustration
          Lock icon Turkish police commander killed
          75 46 AFP ANKARA Turkey's paramilitary police commander and head of the war against Kurdish separatists. General Esref Bitlis, was killed on Wednesday when his plane crashed in Ankara. The B-200, a small army plane, piloted by Turkish Air Force Colonel Yasar Erihan who also died, crashed shortly
          AFP  -  75 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1327 46 oty wi eta nw< no_ Abu OfcaM GA860 0025 GA970 0100 AMaMa QF81 1935 QF82 2050 SQ227 2230 Amterdan KL837 1545 GA890 0100 SQ323 1815 SQ320 1100. KL838 2350 AMws SQ348 2300 Auckland NZ35 1425 BA11 1340 SQ288 2045 SQ285 2115 BA12 2200 N236 2235 Bahrain
        1,327 words
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      7 27 REGIONAL ANALYSIS Every Wednesday in Business Times
      7 words
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      Page 27 Advertisements Column 2
      42 27 Taking stock of tanker safety, Page 2 UPS launches cellular mobile data service in US, Back Page Lines and services represented by Members of the Registry of Accredited Shipping Apnts, Singapore National Shipping Association. l'of (lUvertisinq enquiries, contact Shipping limes: I'el 7W-20W/740-2090
      42 words
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      Page 27 Advertisements Column 3
      77 27 the /gjj FAMOUS f°\ iwk/mmk ■iMIIIJI* 224 1833 For more information please refer to Pg. 13 —i I The Executive Housekeeper -this Mel j O vVtfi, I I warte is me. But I'll never neglec-t I V -this House, J Any Job. Any Career. Available Any Day. Any Time. Anywhere.
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  • Page 28 Miscellaneous
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      Page 28 Miscellaneous Column 1
      499 28 TODAY'S TIDES (heiflt in metres) Hour 0000 0100 0200 0300 (MOO 0500 MOO 0700 OSOO 0500 1000 1100 1200 1300 14M ISM ICOO 1700 1100 HOI 2000 HOI 2200 2300 R UUUUUUUU22UUUUUIIUIIUUUUIIUU Pf UUUUUUUIiUUUUISIIIIUIIIiIiUUIIUU BK UUUUUUUIiU24UUUIiLIUUIStSIIIIUUU IF M 22 1111L51iUU*****7 2iUUUMUOUUIJU22M S* 17 2.4 2.0 1.7 1.7 1J 2.0 2.1
      499 words
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      2469 29 M OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 BOOKINGS TEL: *****34 *****58/ *****40 \l|Mr A A. CFS (PSA F5) TEL: *****21/ *****79 ■llllf JAROINE SHIPPING AGENCIES SON. BHD. pBAAAA 71 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 I WHF i PENANG TEL: *****4 FAX: *****1 CFS TEL:
      2,469 words
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      Page 29 Advertisements Column 2
      1692 29 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 IS UASC Ilk JUMTED ARAB SHIPPING CO. (SAG)/U To US East Coast nrm pinnr m ml iiZ] a kmmmm mm 11« i*,u mu n/u u/u m imam «ira vmm/m h/m ivm m sm mm ivu nm mm m* m* M KMWI KIM
      1,692 words
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      Page 29 Advertisements Column 3
      1264 29 ALL YOU NEED HONG KONG, TAIWAN, JAPAN, KOREA, INDONESIA, PHILIPPINES VERRAZANO BRIDGE V.006E ETA SIN 22ND FEBRUARY 1993 LAUST MAERSK V.9304 ETA SIN 23RD FEBRUARY 1993 VMM Vo» ETA ETO Feadw by s~ DESTINATIONS this MM Lautt MmtU V 9304 |MK?*affn!!BWMpgp|WTMMT7M!«MMWMMaMWaWW!fMMtTir'IT»«j>gIIWWM cv 23/2 1400 hrs HI MIHHMHHHiHI iHßliliil ■■■■■■■■MißMiMfl CfS
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      1465 30 AOABA ROAM/ Ci VOY NO S PORE JEDOAH (via JED) S TON H BURO ANT HAVRE ■y l|y| DANUBE 06/306 20/2 2/3 8/3 10/3 13/3 15/3 17/3 1. MI RESTBOUI) KAMAKURA 27/107 25/2 13/3 16/3 14/3 fOKI KELANB 8 POMNB DRESDEN EXPRESS 09/307 27/2 8/3 14/3 17/3 19/3 21/3 23/3
      1,465 words
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      Page 30 Advertisements Column 2
      581 30 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Fofeign Forwarder in Kabul for all services C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam Mongolia Hungary CSFR Poland ocT<3>Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJULBISSAU-LUANDABATA Feeder Vessel ITA 8M VILLE DE TITANA 20/02 ORIENTAL KNIGHT 01/03 VILLE DE
      581 words
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      Page 30 Advertisements Column 3
      1455 30 I UIR REGULAR INDEPENDENT FULL CONTAINER SERVICE LHA I JAPAN SEA 251N 26/02 18/03 19/03 22/03 23/03 24/03 25/03 26/03 27/03 I CHHA SEA 252N 02/03 24/03 26/03 29/03 30/03 31/03 01/03 01/03 02/03 I NORASIA AL MUNTAZAH 9301-3 09/03 30/03 31/03 04/04 05/04 06/04 07/04 08/04 09/04 I NORASIA
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      1982 31 H STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppei Towers Singapore 0208 Tol: *****88 Fax: *****17 TO CAMMOU SiXAITS SIAR VO3E KK. Skin. law 19 20 Feb 22 Feb 23 Feb STRAITS VENTURE VOX Mora. Lab 19-20 Feb 22 Fab 23 Fab /tfnv r». ETA CTA RAJAH BROOKE
      1,982 words
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      Page 31 Advertisements Column 2
      2516 31 m SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd I tVI I V a 10 Hoe Chiang Road #07-01 KEPPEL TOWERS, SINGAPORE 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 i CR Number: **********02 EXPORT IMPORT wo .MQ MM Ai.o SOU AWT ROT HAM VCMCL VOY
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      715 32 f indonesi/W?ATIONA^N^^^ GgggL^^gf^ j w WW I WM/MM HTUW I WBdl WH«Pf I KUTAI 27W8 I 3-7/3 I 1/4 6/4 >/4 11/4 ►to austrßu^"* m liiiyjigsg^^ vv vsi, wt rm store std hlb bws fre mxi OCTAWA 01S H/2 11/2 5/3 1/3 14/3 WO AUSTRALIA 42S 2/3 3/3 17/3 M/
      715 words
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      Page 32 Advertisements Column 2
      1853 32 HANJIN SHIPPING FDR VSL SM LMI MAU, StA VCR FOR VSI SM ILME HAU. SAV KM NYC NJ FEIIXSTOUK 016E 20/2 MttCT 11/3 12/3 HANJM POHANG 126E 22/2 M. ASM OOK 1/4 2/4 4/4 HANJM SEOUL 1311 1/3 H TONGHAE 0991 25/3 2C/3 HANJM SEOUL 131E 1/3 K HONGKONG 038E
      1,853 words
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      Page 32 Advertisements Column 3
      1256 32 =4 U=l :!H; M Im ser isc wc uc w wi ou kt sw rro lax chs ml htc l>* «w tw »s wo c* m I lam M 055 4/3 12/3 11/1 11/1 15/3 14/3 U/3 I*/1 20/3 22/3 2/4 14/4 IC/4 17/4 27/4 21/4 29/4 10/4 l/S 11/5
      1,256 words
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      1793 33 fr *SCX: 'OOCL FAIR 39N' ETA SGP II II ARRIVING LOS ANGELES 14/03/93 IN 17 DAYS. II Cift II AEX: NEPTUNE RHODONITE 08E' ETA SGP 27/02/93 II arriving new york 22/03/93 in 22 days. B II *RI SCX: Connecting C. Pegasus Voy Ttt In HKG HI *R2 SCX: Connecting C.
      1,793 words
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      Page 33 Advertisements Column 2
      1085 33 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUM)—DCSCHWOWG WESTBOUND—LOADING TKAHSHmD VU
      1,085 words
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      1504 34 K 4 4 "W" AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) w V m m TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 KJ MALAYSIA: 'K" LINE MARITIME (MALAYSIA) SDN BHD 1 JL HL Hi TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SARANA
      1,504 words
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      Page 34 Advertisements Column 2
      1164 34 PHILI-ORKNT LIN€S PTC LTD 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 rTmmUMKWZtAIAMOnOUmHarK FCUICLUMKt 1 I 28 FEB SYDNEY, MELBOURNE, BRISBANE, FREMANTLE 28
      1,164 words
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      884 35 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I SSSSB* mi UmKM C 8 NO **********06 I rjl VESSEL VOY SIN BKK WSS££?' SRISAMUT (THAI FLAG) SRSOBN 21/2 24/2 28/2 BUNQA TERATAI 3183 23/2 28/2 2/3 I KOTA BINTANG KBTO7N 22/2 28/2 2/3 it EQUATOfI
      884 words
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      Page 35 Advertisements Column 2
      1578 35 Bali frf f\f W1 wnM < EXTRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p RGUOANG f PENANG P KELANG OCEAN VSI/VQY SIN SOU (1) RTM (2) HAM (3) GOT (4) E 19/2 I 19/2 20/2 BENAVON 3062 2312 12£3 14/3 15/3 17/3 E 2672 I 2672 5775 JUTLANCXA 3072 575
      1,578 words
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      Page 35 Advertisements Column 3
      310 35 °BSA° TRANSPORTATION M MYANMA wSmk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Peti P.Gdf MYITKYMA V4MW 21/22 F#b AVA Vl2o* In Pt SM PAGAN VI93W 22/25 F«b HPA-AK VItSN 25/21 Fab HAIAT3A AGENTS: BOUSTIAO SHPPMG AGWCfS Ml TU 03 *****00 FKL: TEI 03 3M4707 ra.
      310 words
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      2882 38 Full Container Liner Services m*,s»s a hm* Mmsus »t«ns Central Agents: Booking Agents: Cyan Gitan Shipping Sdn Bhd Chung Chioo Shipping Sdn Bhd P. Ghbol Pntra Indonesia Maritime Costar Shipping Pte Ltd Skippmt Freight Boohing Ctrrtrt Sdn Bhd 58 Persian Raja Mo da Musa Lot 3.34. 3rd Floor. Jl'« H
      2,882 words
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      706 39 (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 20/2 ROTTERDAM 20/2 H AIF A/ASHDOD/ALEX ANDRIA 20/2 HAMBURG/BREMEN 20/2 MARSEILLE/FRANCE 2072 EELIXSTOWE/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 23/2 NEW YORK/EC 2172 FREMANTLE/ADELAIDE 24/2
      706 words
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      Page 39 Advertisements Column 2
      733 39 S RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line#) I® ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY ETA LOADING FOR SPORE ANOINET 30WB 28 03 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NET SANE r
      733 words
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      Page 39 Advertisements Column 3
      693 39 JAKARTA BANGKOK vasa I voy m mi kisel dot smgapore banokok RAIA BHUM 66S iN~PT 23/2 LAW BHUM 64N Eri 11/2 Won 22/2 KITI BHUM TtS 20/2 24/2 NANIA BHUM 129W Sal 20/2 Wed 24/2 Tiw DRAGON SENTOSA 23N Sal 20/2 Tue 23/2 WMWB>W VWA BHUM ~34N Kj 2 Tta
      693 words
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      Page 39 Advertisements Column 4
      320 39 neen-une BAY OF BENGAL SERVICES TKU SIM 5« SU> 24-25/2 03-S4/3 I ret* steed 244N 22-23/2 my dock cm MY 2UK b P«1 2* 01 03 IKtR MBtOW iSW 25-20/3 43-04/4 l«-U/« j msm wt sw on aw TKEt MVU 162CW 21-23/2 05*/3 1213/3 EAGU BWta 111 IS 20/2 I
      320 words
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      1353 40 groupage I I K-A"*- IPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 v J v P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 21/2 22/2 23/2 Hong Kong Ldn/Fli/Rdm/Ant/LHV 25/2 26/2 27/2 24/2 25/2 26/2 Hong Kong G
      1,353 words
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      Page 40 Advertisements Column 2
      238 40 HE* BLUE STAR LINE| SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM ML LYT SM AUST STAR SSS HPT 2/3 4/3 IS/3 FGUARD BAY 01S 2S/2 12/3 14/3 28/3 PROSPECT 23S 7/3 19/3 21/3 7/4 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON. ACCEPTING FCL LCL FOR NEW PLYMOUTH,
      238 words
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      Page 40 Advertisements Column 3
      996 40 THONG SOON LINES PTE. LTD.] Mz 77 ROBINSOM ROAO #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL Ivor Is PORE IIEST KSttL VOT SPMC f. KEIAiC EQUATOR 111 80/3E
      996 words
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      810 41 WSV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCPTMG MUKMU/SOC CMGOES TO/fROM KOBE. YOKOHAMA. HA GOT A, MOI TOKYO*. lUMLA*. DAVAO*. Penant* P. Kelanj Singapore ETteia* SHAPLAEVERETT VI4E 28/01 Mar KAMALEVERETT VISE 20/21 Mar KARABfVERETT VIIE 06/07 Apr ACCEFTWfi BKARBU.K FCI/SOC CARGOES TO/FROM CHTTAGONG. CALCUTTA AMD MONGLA* Singapore P. Kelant'Ptnarj* Paw
      810 words
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      Page 41 Advertisements Column 2
      338 41 tfe GLORY NAVIGATION GROUP 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 6/3
      338 words
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      Page 41 Advertisements Column 3
      612 41 PGSL WORLDWIDE fi PANAMA -GLOBE STEAMERS UHES ll] REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER NO 2 Connecting Feeder to Shantao LIAN BO NO 9 I 1/ WE HV LEASING CONTRS FOR RENTAL h SAILING TO PHNOM PENH'
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      Page 41 Advertisements Column 4
      403 41 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN ALSO CALLING PT. ELIZABETH/JOHANNESBURG TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN ALSO ACCEPTING CONTAINERS TO TUTICORIN/ BANGALORE/COCHIN AND NEW DELHI WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDTTERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED
      403 words
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      Page 41 Advertisements Column 5
      374 41 SIN FAR EAST 23/2 KEELUNG/KAOHSIUNG 27/2 BANGKOK 22/2 MANILA/CEBU 21/2 JAKARTA/BELAWAN/SURABAYA 22/2 PORT KELANG/PENANG/E. MALAYSIA 22/2 BUSAN 21/2 TOKYO/YOKO/KOBE/NGO/OSA 22/2 HONG KONG Si CHINA 22/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo Si EUROPE/UK 27/2 LDN/FLX/LVP/SOU 27/2 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. Si USA/CANADA 21/2 LOS ANGELES/NEW
      374 words
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      641 42 HONG KON6/CHINA 22/2 JAKARTA 21/2 BANGKOK 20/2 MANILA 22/2 BUSAN 22/2 KEELUNG 23/2 TOKYO/KOBE 26/2 KAOSHIUNG 20/2 POBT KELAN6/PENAN6 22/2 YOKOHAMA 21/2 COLOMBO 23/2 FELIXSTOWE/HAMBURG 20/2 CHITTAGON6/MAORAS 22/2 BOTTERDAM/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 IMSjlllll
      641 words
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      Page 42 Advertisements Column 2
      509 42 Contemn CONTERM FREIGHT (F.E.) PTE LTD. JAKARTA 21ST FEBRUARY ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 21 FEB PENAN6 25 FEB PORT KELANG 25 FEB AUCKLAND 28 FEB FREMANTLE 22 FEB SYDNEY 28 FEB MELBOURNE 28 FEB BRISBANE 22 FEB HAMBURG 27 FEB FELIXSTOWE 27 FEB GOTHENBURG 27 FEB
      509 words
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      Page 42 Advertisements Column 3
      632 42 Next Week's Sailings Singapore I To: ETD ETD "^aTJKSSS Singapore Singapore «so BY ijiqa EVERY EVERY Bangkok SUN Hamburg SAT EVERY EVERY Manila SUN Ho Chi Minh FRI (sfPjSlljLl EVERY EVERY vS>yh-l Colombo TUE Los Angeles SUN II MTERNATIONAL SEA FREIGHT FORNAROM6 Tel: Fax: LOGBTKS SERVICES 0§ M Singapore 778
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      1230 43 JF Nedljoyd accepting cargoes to most Caribbean outports at weekly frequency. Nedlloyd Lines «Sa M Pl| Tm ftk Sto S%»in Aucfctand F|(A) N*yiraili(A) tarn LytMn(B) N*v M*«tai(C) Tanap G. Bhum B Seroia 19/2 17/2 B. Petonp/2023 23/2 13/3 14/3 16/3 17/3 18/3 16/3 17/3 5l 24/1 27/2 21/2 25/2 "1/3
      1,230 words
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      Page 44 Advertisements Column 1
      722 44 i. cosco UKC CONVENTIONAL BERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 28/2 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/02 20/02 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHIN A/BANGK OK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer
      722 words
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      Page 44 Advertisements Column 2
      176 44 J EES FREIGHT SERVICES PTE LTD a BIH J #01-60 Wallich Building, Wallich Street, Singapore 0207 Tel: *****66 (10 Lines) Fax: *****69/*****44 I"C. VEROLME" 11 "NANTA BHUM" 11 HANJIN POHANG I V.304 II V.129N V.I3E I ETD SIN: 22/2/93 11 ETD SIN: 20/2/93 11 ETD SIN: 22/2/93 I We provide
      176 words
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      Page 44 Advertisements Column 3
      259 44 feARjAS^ ELI/lS VJAK4fy4i n HONG KONG A I f rangkok <^EUROP^| r HAMBURG "V ROTTERDAM f fBARCELONA L MARSEILLE ft V RITRA 7 CARGO \TEL:*****68 CROSS WATER I i KM) OFFICE 291 SQUNGOON KMD #06-00 SOJIMOON BUUOK S(ot2l> NMOOSE (CFS): BLK 37 #M-25/26 T6 PAGM FWGHT Silt HON TEL: *****05
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      Page 44 Advertisements Column 4
      559 44 Antwerp 28/2 Fremantle 25/2 Bangkok 20/2 Bremen 28/2 Sydney 28/2 Busan 22/2 Hamburg 28/2 Melbourne 28/2 _J Hong Kong 22/2 LeHarve 28/2 UiIIIJ!VCI?S Kaohsiung 20/2 Felixstowe 21/2 Keelunq 19/2 Rotterdam 28/2 [Bombay 22/2 Jakarta 21/2 Calcutta 21/2 Manila 22/2 Chlttagong 25/2 Lax Nyc 21/2 Karachi 22/2 *We travel all over
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      Page 44 Advertisements Column 5
      251 44 /^BANGLADESH CV SMPPMO CORPORATION Moot ust w —ut soma to Mm bun rili>i»i -Mi **ot< ■umm is n mmmti lam— UMO.M UUA *t-*s'*l ■MCUi got *7-**/*3 12 14/(3 IVI7/U IK CJUMS NOHBUVK, INK* t One MTM PUTS 9MCT ID ■BMSDn MOONESIA BANGLADESH SERVICE Loading tor CMttagong A Mongli ■meui SOMM
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      Page 45 Advertisements Column 1
      720 45 I A HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE Ittssas VQY I PWA I PKE I PGP" VESSELS VOY_ SW RTM ANT* LEH* HAM WE| FEL KM ADVANCE 05A 16/2 18/2 20/2 H MNOVATOR 302* 21/2 12/3 12/3 13/3 14/3 14/3 11/3 MM ADVANCE 06A 23/2 25/2 27/2
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      Page 45 Advertisements Column 2
      641 45 I STRAITS/ JAPAN/ STRAITS SERVICE I I SPECIALIST IN RO-RO HEAVY LIFTS I I INBOUND VESSELS I I VESSEL Wt Sf n lie u I I SEA LAM H 23/2 IM 11/2 I I ASIAN CUPKI ISO 27/2 2S/2 I I 1101 SMASH 1 2S/2 21 2 HI 2/1 I
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      Page 45 Advertisements Column 3
      1021 45 EXPOBTTO: I JEDDAH/UK/CONTNENT I STORE ID S TON HWRG I DAM LiH Ah« Acctphnf C»(o fm DANUBE Of/304 20/2 2/3 18/3 13/3 15/3 17/3 SwtNmplon :to4 UK MMm. M«t art (MM I AMAH Ul A 27/107 2S/2 13/3 lt/3 14/3 Rotiwdjm t« 4 k&mmp, Anslvdam. o*. HMMu DRESDEN EXPRESS 01
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      27 46 iiHi Tomorrow in Business Times Established Shipping Company with Round-lhe-Worid Container Service has vacancy: SALES EXECUTIVES Preferably USA/Europe Trade Possess own car Appointment phone: 222 2212 Wendy/Roy
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      Page 46 Advertisements Column 2
      73 46 7S 7s li }li I FAR EASTERN FREIGHT CONFERENCE NOTICE TO SHIPPERS SINGAPORE LCL SERVICE CHARGE Due to rising costs the LCL Service Charge will be increased to 5524.30 W.E.F. Ist March 1993. The best Business Class to Europe? Finnair's new wide bodied MD-11 offers speed, comfort and space that's
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