The Business Times, 23 February 1993
1993-02-23
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The Business Times
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Title Section13 1993-02-23 1 Business Times MITA (P) 552/12/92 Tuesday February 23 1993 WE KNOW ASIA 75*13 words
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2am LATEST
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71 1993-02-23 1 AP JOHANNESBURG The ANC and allied groups have called for nominally independent black homelands to be reincorporated into South Africa immediately after multi-ra-cial elections. The groups say they would urge the militant black Fan Africanist Congress to take part in multi-party negotiations when theyAP - 71 words
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56 1993-02-23 1 Reuter UNITED NATIONS The UN Security Council has voted unanimously to create an international tribunal to prosecute those allegedly responsible for war crimes in the former Yugoslavia since 1991. It will be the first international warcrimes tribunal siy:e the Nuremberg and Tokyo trials atReuter - 56 words
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Article, Illustration111 1993-02-23 1 Stock market indices Monday Change STII 1.639.87 +0.83 KLSE Composite 635.59 +6.16 Nikkei 16.820.61 -189.42 Hang Seng 6,231.88 +61.79 SET Index 945.62 -17.18 Jakarta Composite ...301.22 +0.78 CLSA China B 1,604.53 -13.63 Aust All Ord 1,604 9 +10.2 FTSE 100 2,838.3 -1.7 Monday Previous I lam close Dow111 words
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118 1993-02-23 1 Reuter MOUNTAIN VIEW, California President Bill Clinton said yesterday that linking the nation's businesses, schools, libraries, hospitals and government agencies by computerised "information highways" will be a major priority of his administration. "In order to revitalise our economy, it is time for aReuter - 118 words
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Article, Illustration684 1993-02-23 1 S N Vasuki - By S N Vasuki SINGAPORE In a dramatic day in the currency markets, the yen touched an all-time high against the US dollar on speculation that G-7 nations had reached broad agreement to allow the Japanese unit to appreciate against the greenback.Source: Bloomberg - 684 words
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Article96 1993-02-23 1 SINGAPORE The Singapore dollar finished at a four-year low against the yen in the foreign exchange market here yesterday. At 71.1 yen to the dollar, it represented a fall of 1.93 per cent from last Friday's finish of 72.5 yen. At the Singapore International96 words
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Article, Illustration605 1993-02-23 1 SN Vasuki - By SN Vasuki SINGAPORE Singaporebased businessman Rajan Pillai has resigned from the board of his Indian flagship, Britannia Industries, following a suit filed in Bombay by Mr Pillai's partner in the company, the French food giant Groupe BSN. Britannia was the605 words
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308 1993-02-23 1 AFP SYDNEY Skilled Australians arc leaving home in greater numbers than ever for jobs in the fast-growing Asian economics such as Hongkong, Singapore and Malaysia, according to official data released yesterday. At the same time, emigration from this countryAFP - 308 words
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Article, Illustration395 1993-02-23 1 AFP, Reuter BEIJING Chinese President Yang Shangkun is set to be replaced when Parliament meets next month, a Beijingcontrolled newspaper said yesterday. Quoting sources in Beijing, H en Wei Po said Mr Yang, 86, who has reportedly fallen out with paramountAFP,; Reuter - 395 words
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Article, Illustration137 1993-02-23 1 SINGAPORE German Chancellor Helmut Kohl arrived here last night from New Delhi on a state visit, the sec-ond-leg of an Asian swing that will also take him to Indonesia, Japan and South Korea. Greeted upon his arrival at Changi Airport137 words
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Advertisement168 1993-02-23 1 Nikon The World s Finest Photographic System. CONTENTS S>xe News 2 9,10.11 Regional News 3,4.5 Financial 12.13 Wort) News 8 Futures Markets Analysis 25 Oob/KLSE, SES 17.18 E (Moral 24 Regional 15 Sports 19 World 16 IV/litetyte 21 Currencies 13 Regional Focus 6 Sunex/Commo .13.14 Subscription Tel 1800-/4925/7 Fax Z*****5168 words
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Advertisement9 1993-02-23 1 Property Construction Asians still buying NZ property Pg 229 words
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Advertisement9 1993-02-23 1 Hock Lock Siew I9j huion Jirnis should tap dojws&c9 words
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Advertisement100 1993-02-23 1 yyeW e Bottom Line Sihanouk is upset Back Pg European union possible without UK, Denmark: Kohl, Back Pg BALLY -V FASHION ACCESSORIES •ALLY BOUTIQUES in SINGAPORE: Raffles Hotel Arcade Tel 338 0170/Raftles City. Tel 339 0169 BALLY AUTHORISED DEALERS Champion Shoe Co Chanroi Branch Daimaru Djien Boutique Euro Shoe Shop100 words
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Advertisement7 1993-02-23 1 Nikon The World s Finest Photograpnic System.7 words
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SINGAPORE NEWS
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eye on the ECONOMY
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Article, Illustration350 1993-02-23 2 Anna Teo - By Anna Teo AFTER A two-year downtrend, is a pickup in wholesale prices in sight this year? To be sure, the wholesale price indices (pegged at 100 in 1985), especially the export index, continued to head down in January. But the slide this time isSource: Dept of Statistics - 350 words
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Article, Illustration311 1993-02-23 2 Sylvia Wong - Bigger one to be opened at junction of Scotts and Orchard roads By Sylvia Wong ISETAN will close its store at the Apollo Hotel, Havelock Road, by the end of March and open a new one three times as big in311 words
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Article440 1993-02-23 2 py IRAS |c Goods and Services Tax This is a daily column of the Inland Revenue Authority of Singapore to promote understanding and discussion of the GST THE Feb 17 edition of BT lists as "still unsure" the issue of "the treatment of input tax for440 words
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106 1993-02-23 2 THE Urban Redevelopment Authority plans to sell another 60 shophouses in the Serangoon Road conservation area this year after an "overwhelming response" to its first sale of unrestored units. Announcing the results of that sale yesterday, the URA said it received 364 bids106 words
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316 1993-02-23 2 Ramesh Divyanathan - By Ramesh Divyanathan SINGAPORE Airport Terminal Services (Sats) clinched its first joint venture in China yesterday with a deal to develop an inflight kitchen in Beijing. Under the contract. Sats will take a 40 per cent stake in Beijing Airport Inflight316 words
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484 1993-02-23 2 Teh Hooi Ling - By Teh Hooi Ling A PRECISION engineering and tooling company, Kinergy. is looking for equity partners to expand its business and hopes to get a listing on the Stock Exchange of Singapore by 1995. Founder and chairman Leslie Lim told BT recently484 words
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Article74 1993-02-23 2 Corrections clarifications IN OUR report "Call for review of safety measures in Malacca Straits" on Feb 17 in Shipping Times, we said that a collision involving the supertanker Maersk Navigator occurred in the Malacca Straits. It has been pointed out to us that the accident took place in the Bay74 words
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Advertisement325 1993-02-23 2 Valentino OD Chemises I SEMINAR TOPICS HpH SEMINAR SPEAKER Managing Portfolio Risk with Ronan B O'Connor, M.Comm., Derivatives JH FIA, Senior Lecturer in Treasury Concepts of portfolio risk T H and Risk Management at the Role of futures hedging Michael Smurfit Graduate School Managing basis risk H of Business, National325 words
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Advertisement120 1993-02-23 2 Professional Nominee, Full Accounting and Administration Servia available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on th same day within Singapore. D 8.V.1 n ISLE OF MAN C 3 BAHAMAS CI JERSEY n BELIZE D LIBERIA n COOK ISLANDS D120 words
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Advertisement22 1993-02-23 2 Available Mondays to Saturdays 7.00 p.m. to 10.30 p.m. reservations, please call: 235-3344 ext 1120 Mm mim 14 Balmoral Road Singapore 102522 words
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THE REGION
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465 1993-02-23 3 Al Labita - Ramos shrugs off threats to halt loans From Al Labita in MANILA THE Philippine government will not bow to International Monetary Fund demands that would restrict growth even if it means foregoing IMF loans President Fidel Ramos said yesterday. "We465 words
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Article, Illustration540 1993-02-23 3 Harish Mehta - By Harish Mehta SINGAPORE Cambodia's oil exploration sector has seen a shakeout with a Hungarian firm being asked to quit and a Taiwanese explorer abandoning the search for oil. But, on the positive side, two Dutch firms have recently signed production-sharing contracts to explore forSource: of Industry - 540 words
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189 1993-02-23 3 Bernama KUALA LUMPUR Usno president Amir Kahar Tun Datu Mustapha is expected to meet Malaysian Prime Minister Mahathir Mohamad at his office here today. Sources said yesterday the meeting was requested by Mr Amir Kahar most probably to explain Usno's stand inBernama - 189 words
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Article, Illustration323 1993-02-23 3 Forum on South-east Asia in the 21st century AFP BANGKOK South-east Asia must stop being defensive over human rights issues and come up with its own set of guidelines. Thai Prime Minister Chuan Leekpai, in his opening address yesterday to aAFP - 323 words
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296 1993-02-23 3 Bernama KUALA LUMPUR Finance Minister Anwar Ibrahim yesterday said South-east Asia is destined to be an important grid in the global marketplace in view of its geographic position and dynamic economies. As such, cooperation and interaction among countries in the region was vitalBernama - 296 words
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280 1993-02-23 3 AFP BANGKOK Thailand yesterday unequivocally pledged cooperation with Myanmar's ruling junta in spite of hosting last week's visit by a group of Nobel laureates who advocated that Yangon be kicked out of the United Nations for human rights abuses. "IAFP - 280 words
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Article, Illustration488 1993-02-23 3 Bernama KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad yesterday blamed baseless accusations of government or people in government having vested interests in privatised electricity projects for the current energy crisis. He also dismissed claims of poor planning and the absence of anBernama - 488 words
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ASIA NOTES
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94 1993-02-23 3 Reuter BEIJING China has agreed to build two 300-megawatt nuclear power stations for Iran, and both sides are at pains to assert that the plants are for peaceful purposes. The issue of nuclear cooperation between China and Iran has raised fears in theReuter - 94 words
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Article83 1993-02-23 3 AP KUALA LUMPUR International Trade and Industry Minister Rafidah Aziz told a Japanese trade delegation yesterday that Malaysia would allow 100 per cent foreign ownership of factories here if no local partner could be found. She was responding to a complaint by an executive ofAP - 83 words
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97 1993-02-23 3 AFP BEIJING A young woman dancer was Mao Zedong's companion in his final years, chatting with China's "Great Helmsman" in his bedroom. Meng Jinyun was brought in as a nurse for Mao prior to his death on Sep 9, 1976, and lived inAFP - 97 words
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Article87 1993-02-23 3 AP KUALA LUMPUR Ten Australian companies have expressed interest in investing a total of U5591.89 million in Malacca, said its chief minister, Abdul Rahim Tamby Chik, yesterday. He had led a Malaccan trade mission to Australia, New Zealand, Papua New Guinea and Hongkong earlier thisAP - 87 words
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437 1993-02-23 4 AP SEOUL President-elect Kim Young Sam yesterday appointed Hwang in Sung, an economics expert and the ruling party's chief policy-maker, as prime minister as part of an effort to revive the nation's troubled economy. The new administration will be formally inauguratedAP - 437 words
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330 1993-02-23 4 Reuter HONGKONG The colony's inflation rate, almost its only problem indicator, pushed back into double digits in January for the first time in nearly a year, the Census and Statistics Department said yesterday. But the government blamed the rise in the consumer price indexReuter - 330 words
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Article, Illustration35 1993-02-23 4 SEOUL A South Korean student giving his father a piggyback ride at a Seoul campus after his graduation. This is the month of graduation for South Korean college students.35 words
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221 1993-02-23 4 Reuter TAIPEI Outgoing Taiwanese Premier Hau Pei Tsun. calling for unity in the ruling Nationalist Party after a fierce power struggle, yesterday endorsed the nomination of provincial governor Lien Chan as premier. "I urge ruling party legislators to support the president's nomination ofReuter - 221 words
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287 1993-02-23 4 Reuter TAIPEI Taiwan-China trade surged 27.9 per cent to a record US$7.4 billion (S$ 12.1 billion) last year from US$5.B billion in 1991. boosted by Taiwanese investment in the Chinese mainland. The Board of Foreign Trade said yesterday that trade was forecastReuter - 287 words
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581 1993-02-23 5 AFP SYDNEY Previous governments of Australia have been doing little to stop cheats, corporate thieves and organised criminals defrauding the country's taxpayers of Asl3 billion (5514.3 billion) a year, a police union claimed yesterday. In an election advertisement urgingAFP - 581 words
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356 1993-02-23 5 Reuter SYDNEY Australia's net foreign debt will rise to more than As2oo billion (Ss22o billion) in the 1994-95 financial year to June, economic forecaster BIS Shrapnel said yesterday. It also warned in a halfyearly update of its long-term economic forecastsReuter - 356 words
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Article, Illustration553 1993-02-23 5 AFP TOKYO Japan reacted with embarrassment yesterday to last week's diplomatic row between United Nations High Commissioner for Refugees Sadako Ogata and UN Secretary General Boutros BoutrosGhali, the latest episode in a string of criticisms of highranking Japanese UN officials. "It's justAFP - 553 words
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Article300 1993-02-23 5 Reuter NEW DELHI The Asian Development Bank (ADB) said it may provide India with a US$5OO million (SSBOO million) quick-disbursing loan in the fiscal year that begins on April 1 to support industrial restructuring and capital market reforms. A spokesman for the bank saidReuter - 300 words
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Advertisement12 1993-02-23 3 The Bottom Line: Why Sihanouk is upset with Asean businessmen, Back Pg12 words
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Advertisement456 1993-02-23 3 GEARED FOR GROWTH STOCK INDUSTRY MARKST DATS PURCHASE PRICE BOUGHT PRICE TODAY CHIRON BIOTECH NASDAQ 30 OCT 92 $47.00 $50.00 +6% MA/ FINANCIAL LONDON 13 NOV 92 £150 E1 80 +20% POWSRSCRSSN ENGINEERING LONDON 13 NOV 92 C 2.74 £3 52 28% MADISON LEISURE TORONTO 13 NOV 92 $1.50 $1.75456 words
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Advertisement430 1993-02-23 4 JWj fvk|C~ I f jk}'W 4 i|HW jk+ jv- i /V Jyfl V J v V y linn i -J, '-W -*^PI» "I BniMr v v MONEYMAX introduces toe smart chequebooks An ordinary chequebook only reminds you to order a new one. MONEYMAX goes right ahead and orders it for430 words
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Advertisement51 1993-02-23 5 I Ask us to take you straight to paris AND TO BRING EUROPE TO YOUR DOORSTEP. HsreL>*'-PARIS-CHARLES DE GAULLE 2, GATEWAY TO EUROPE. i AIR FRANCE ASK THE WORLD O~F U S FOR YOLR TRAVEL ARRANGEMENTS TO PARIS AND BEYOND. CALL AIR FRANCE ON 737 6355 OR SEE VOIR TRAVEL51 words
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REGIONAL FOCUS
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Article, Illustration1868 1993-02-23 6 Military spending and the arms trade are booming in Asia despite the relative peace it enjoys The Economist LONDON In Europe the end of the cold war has led both to instability and to quickly shrinking defence budgets. In Asia it has brought perhapsThe Economist - 1,868 words
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Advertisement66 1993-02-23 6 I ROYAL I J SS S)vv»v Lp, IE! CROWNE PLAZA" H fl M jHB are the Winner... and we salute You M ."r*~^s&»zr^^ k/K inP* ''t*. Winning the Torchbearer Award 1992 from 1 700 hotels in the |HHH Holiday Inn system is a feat achieved only by the best Heartiest66 words
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Advertisement273 1993-02-23 7 lA| M 4TJP7V No matter where you need to co in WHO DO3IS Olir dailV Europe, SAScan take you therein mm w* WMH Euro Class style. Every day we offer a HH service to Copenhagen with convenient connections to major business centres BHvfl throughout Europe, including flights to &KS9o&jfl| many273 words
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THE WORLD
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WORLD WATCH
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Article101 1993-02-23 8 AFP MOSCOW Russian President Boris Yeltsin has issued a decree stating that the president alone holds the authority to decide on arms embargoes, Interfax reported yesterday. The decree, signed on Feb 18. states that Russia's stand, "which will guide her voting" at the United NationsAFP - 101 words
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51 1993-02-23 8 AFP LONDON Britain's gross domestic product (GDP) rose by 0.2 per cent in the fourth quarter of 1992 but fell by 0.1 per cent on a 12-monthly basis, the central statistical office said yesterday. Excluding oil output, GDP fell by 0.1 per cent in theAFP - 51 words
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Article85 1993-02-23 8 AFP SARAJEVO The United Nations Protection Force will try to secure a lifting of the Serb siege of Sarajevo, the commander of the UN force said here yesterday. General Philippe Morillon said he would convene a meeting of military chiefs of the three Bosnian warringAFP - 85 words
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Article62 1993-02-23 8 UPI TOKYO Prime Minister Kiichi Miyazawa is likely to pay a four-day visit to Washington in April for his first meeting with US President Bill Clinton, government sources said yesterday. Kyodo new service also reported the sources as saying that the foreign ministry hopedUPI - 62 words
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606 1993-02-23 8 Republicans vow to make changes to plan AFP. Knight-Ridder WASHINGTON US Treasury Secretary Lloyd Bentsen has predicted that President Bill Clinton's economic package will be approved by Congress in July but Republicans warned that they would succeed in altering the plan. Mr BentsenAFP.; Knight-Ridder - 606 words
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Article, Illustration208 1993-02-23 8 Reuter PARIS President Francois Mitterrand's fading magic has failed to sway voters just one month before French parliamentary elections, with all opinion polls pointing to a Conservative landslide crushing his Socialist Party. Mr Mitterrand, 76. tried to turn the tide with twoReuter - 208 words
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Article, Illustration73 1993-02-23 8 Reuter DUSHANBE, Tajikistan This officer (right) of the 21st Division of the Russian army seems to be checking if the Tajik conscript has brushed his teeth. He was, in fact, teaching the man the proper technique of saluting senior officers at aReuter - 73 words
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378 1993-02-23 8 Reuter MINSK, Belarus The former Soviet republic of Belarus is hedging its bets on economic reform with a mixture of market moves and old-style administrative measures that makes Western analysts sceptical. Government officials want to reform the economy gradually and shield the country's 10 millionReuter - 378 words
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537 1993-02-23 8 NYT RIYADH. Saudi Arabia In an unusually conciliatory gesture to the Clinton administration, Syria said on Sunday that it would not link the return of nearly 400 Palestinians deported by Israel to the resumption of the stalled Middle East peace talks.NYT - 537 words
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412 1993-02-23 8 Reuter MILAN A Cabinet reshuffle last Sunday lifted the immediate threat to Italy's 51st postwar government but also highlighted how little room for political manoeuvre Prime Minister Giuliano Amato has. Difficulties in pushing through change in a key post inReuter - 412 words
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Advertisement106 1993-02-23 8 Get more value for your money when business leads A/Taut: 'UATTrr TVv you to Manila! For the price of a business class IVlUivJa V AL/Uij A 0 ticket, you can fly in the spacious comfort of our SJ i Mabuhay Class and stay in one of Manila's finest DOING BUSINESS106 words
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COMPANIES & MARKETS
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456 1993-02-23 9 Lee Han Shih - Long-term loans more than doubled to $11 Om last year By Lee Han Shih SINGAPORE The Wearne Brothers group quietly pumped more than $120 million into its loss-incurring technology subsidiary last year, its latest annual report showed. Released yesterday, the report showed that456 words
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Article, Illustration448 1993-02-23 9 Sylvia Wong - By Sylvia Wong SINGAPORE United Engineers Ltd (UE) plans to partner the international business arm of Nippon Telegraph and Telephone Corporation of Japan to offer consultancy on intelli-gent-building projects in the region. For a start, the diversified Singapore group, with448 words
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652 1993-02-23 9 William Chia - HOCK LOCK SIEW By William Chia SINGAPORE Indonesian companies will find it increasingly difficult to source for offshore investments or borrowings to meet their financing requirements. On the demand side, there is greater competition for the foreign investor's652 words
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Article, Illustration383 1993-02-23 9 Quak Hiang Whai - By Quak Hiang Whai SINGAPORE Smith Barney, Harris Upham International and Hoare Govett could operate under one roof in Singapore from as early as June. The tie-up is part of a move by the American broking house to expand its securities383 words
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93 1993-02-23 9 Bernama JOHOR BARU The Johor government has given Syarikat Mega Steel Sdn Bhd two weeks to decide whether it wants to proceed with its proposed MsB billion (Sss billion) steel mill in Tanjung Langsat, about 100 km from here. Menteri Besar Muhyiddin Yassin saidBernama - 93 words
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Article287 1993-02-23 9 Payment Ex Books Pay date close date Asia Pacific F 16 Feb 4 Feb 16 Feb 24 Avimo 20* F I2.5TE Feb 17 Marl Apr 15 Beriaya Group I 4 Mar 18 Apr 2 Apr 15 Berjaya Ind I 3 Mar 4 Mar 18 Apr 8 Beriaya Leisure287 words
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Article, Illustration329 1993-02-23 9 Source: Bridge Info Performance of STll's index stocks Feb 22 l.ast Seas* Ia4c\ Stork sale Chfe factor no vers <*> (V) Avimo 1 870 1.58 t AC 7. ISO 0050 6.03 83.33 Ccrcbos 4920 4.15 FAN 11 400 9.62 GF Asia 3400 -0 040 2.17 -66.67 C icnMag 1.140Source: Bridge Info - 329 words
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COMPANIES
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COMPANY BRIEFS
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Article127 1993-02-23 10 MBT KUALA LUMPUR Hume Industries (Malaysia) Bhd's (HIMB) recent proposal to acquire five buildings will not have any effect on the net tangible assets and earnings per stock unit of the HIMB Group for the financial year ending June 30, 1993. On Feb 11,MBT - 127 words
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Article117 1993-02-23 10 MBT KUALA LUMPUR Time Engineering Bhd and Digital Equipment (M) Sdn Bhd have entered into a tripartite jointventure agreement with Lembaga Tabung Angkatan Tentera (LTAT) for LTAT to purchase 1.88 million shares in Time Systems Integrators Sdn Bhd (TSI) from Time for cash at MslMBT - 117 words
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92 1993-02-23 10 Bernama KUALA LUMPUR Technology Resources Industries Bhd said the number of Malaysian Helicopter Services Bhd shares it will hold after the demerger scheme is 19.42 million shares valued at M 52.20 per share. In a reply to the Kuala Lumpur Stock Exchange, it also saidBernama - 92 words
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114 1993-02-23 10 MBT KUALA LUMPUR Tasek Cement has reported a 20.7 per cent drop in pre-tax profit to M 522.21 million (S$ 13.77 million) for the six months ended Dec 31, 1992. The lower earnings came despite a 3.1 per cent improvement in turnover to M$ 105.36MBT - 114 words
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Article68 1993-02-23 10 Bernama KUALA LUMPUR The New Straits Times Press (Malaysia) Bhd has restructured its information technology (IT) activities, previously conducted by Berita Information Systems Sdn Bhd, to come under one holding company with five subsidiaries. In a statement yesterday, it said that the holding company, New StraitsBernama - 68 words
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473 1993-02-23 10 MBT KUALA LUMPUR The Proton Saga could be on the road in Taiwan after May, when the first export shipment to that country will be made. Targeted sales of about 5,000 units a year would make Taiwan the largest exportMBT - 473 words
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222 1993-02-23 10 MBT KUALA LUMPUR Export Cars Corp plans to begin exporting the Proton Saga to Hongkong and China before the end of this year. Export Cars Corp chairman Ramli Kushairi said yesterday that the company had completed a detailed study of the marketsMBT - 222 words
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341 1993-02-23 10 Quak Hiang Whai - By Quak Hiang Whai SINGAPORE Malaysian International Shipping Corporation (MISC), the national shipping line, is in the market for a loan of about US$lOO million (SSI64 million). It follows the early retirement of a loan of a similar amount last October just months341 words
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Article, Illustration32 1993-02-23 10 Reuter Y ANT AX, China Workmen scraping barnacles yesterday off the hull of a fishing boat in for repairs at a Yantai shipyard on China's eastern coast. RenterReuter - 32 words
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199 1993-02-23 10 AFP MANILA Beer-based Philippine conglomerate San Miguel Corp (SMC) is expanding its global operations, but is being tapped dry by domestic taxes on its popular brew. Chairman Andres Soriano said yesterday that things were looking up overseas for SMC, whichAFP - 199 words
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508 1993-02-23 10 Al Labita - From Al Labita in MANILA PHILIPPINE Securities and Exchange Commission (SEC) chairman Rosario Lopez yesterday said she would revoke the licences of those Makati Stock Exchange (MkSE) brokers who fail to merge with their Manila counterparts by Feb 28. "We have remained508 words
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423 1993-02-23 11 Catherine Ong - From Catherine Ong in HONGKONG SPEC'U LATORS who borrowed heavily to stag the Denway Investment issue the most oversubscribed new listing on the Hongkong bourse could have had their fingers burned in its less-than-dramat-ic debut yesterday. Denway shares, offered423 words
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267 1993-02-23 11 Stephen Vines - From Stephen Vines in HONGKONG SI ME DARBY Hongkong Ltd has confirmed its position as the top money spinner among the Malaysian-based diversified group of companies. Yesterday, it reported a 23.9 per cent rise in after-tax profits for the half-year ended Dec267 words
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Article, Illustration201 1993-02-23 11 Bloomberg Business News HONGKONG Sun Hung Kai Properties has bought the World Trade Centre building for HK52.215 billion (about SS47O million) in a lightning quick deal. A Chinese consortium had tried to buy the building in November, but at the lastminute theBloomberg Business News - 201 words
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203 1993-02-23 11 South China Morning Post LONDON ing lai, one of Hongkong's largest textile companies. has quietly raised its stake in British tailoring group Gieves through the purchase by subsidian LSI of a 5 per cent holding from Sir Ron Brierlev. Wing lai tookSouth China Morning Post - 203 words
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289 1993-02-23 11 Reuter TAIPEI The Taiwan provincial government will decide soon on proposals for stock dividends by the Big Three commercial banks, a provincial official said. "We are still reviewing the proposals, but will have a final decision in one or two weeks," sheReuter - 289 words
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FINANCE
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Article, Illustration455 1993-02-23 12 Magdalene Ng - 1993 Asia-Pacific Fund Management Conference Reports by Magdalene Ng SINGAPORE The Singapore unit trust industry is expected to grow at a stronger pace given the surplus cash in Central Provident Fund accounts and investors' desire to diversify their investments, a prominent localSource: SIMEIL - 455 words
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282 1993-02-23 12 SINGAPORE Governments of emerging nations must liberalise their markets for indirect investments and provide adequate infrastructure to attract funds for their growing companies, market guru Mark Mobius said yesterday. In his presentation at the 1993 Asia-Pacific Fund Management Conference, Mr Mobius said these governments282 words
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347 1993-02-23 12 Shoeb Kagda - By Shoeb Kagda SINGAPORE The Thai central bank will grant a waiver on the 15 per cent withholding tax payable on out-in foreign exchange transactions in a move to help Bangkok compete with Singapore as a regional financial hub. And347 words
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Article, Illustration35 1993-02-23 12 Reuter TOKYO A Tokyo foreign exchange dealer stretching in relief after volatile dollar trading yesterday. The US currency nosedived to its all-time closing low of 116.85 yen. ReuterReuter - 35 words
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SMALL CHANGE
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161 1993-02-23 12 Bernama KUALA LUMPUR Public Bank Bhd said yesterday its current base lending rate (BLR) of 9.25 per cent will be reduced to 9.00 per cent today. The move by the bank was in line with the general decline in the BLRs of commercialBernama - 161 words
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61 1993-02-23 12 Reuter ISLAMABAD The International Finance Corporation (IFC) has extended a US$l5 million (5524.6 million) credit line to Pakistan's recently privatised Muslim Commercial Bank (MCB). The money will be used by MCB to provide loans to small and medium-sized Pakistani companies to support export-oriented initiatives,Reuter - 61 words
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Article59 1993-02-23 12 KnightRidder TAIPEI Taiwan's Finance Ministry has approved applications from two US-based insurance companies to establish branch offices here, a spokesman said yesterday. Under a quota system. Taiwan allows up to six US-based insurers three life and three non-life to set up branches here eachKnight- Ridder - 59 words
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65 1993-02-23 12 Knight-Ridder HONGKONG Hongkong Bank of Canada yesterday reported a net profit of C 511.83 million (S$ 15.38 million) for the three months to Jan 31, compared with a net profit of C 512.72 million a year earlier. Net interest income, however, rose to CKnight-Ridder - 65 words
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67 1993-02-23 12 Keuter KARACHI, Pakistan Pakistan has no plans to devalue its rupee, Imtiaz Alam Hanfi, governor of the State (central) Bank of Pakistan, said yesterday. The rupee has fallen 2.17 per cent to 26.32 against the dollar, from 25.76 on Jan 1. It has slidKeuter - 67 words
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FINANCE & COMMODITIES
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Article, Illustration638 1993-02-23 13 Sales of grain, other commodities to region up Knight-Ridder BUENOS AIRES Argentina's decision several years ago to strengthen political and economic ties with Asia has begun to pay off with sales of grain and other farm commodities, say traders and government officials. WhileKnight-Ridder - 638 words
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236 1993-02-23 13 Bloomberg Business News MELBOURNE Western Mining Corp (WMC), one of Australia's major gold and nickel producers, said yesterday it had agreed to buy out the Mt Keith nickel project in Western Australia from joint owner Outokumpu Metals and Resources Oy ofBloomberg Business News - 236 words
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Article, Illustration748 1993-02-23 13 Proposal to remove ceiling on corporate bond issues Bloomberg Business News TOKYO In a move that could represent a sea of change within Japanese finance, policymakers here are backing a plan to give the country's corporations vast new freedom to raise money inBloomberg Business News - 748 words
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433 1993-02-23 13 Bloomberg ENERGY REPORT LONDON Oil futures prices in London and New York rose yesterday because of colder weather, perceptions that the new US energy tax will raise prices, and evidence that Opec is adhering to its production cut. Opec members agreed last week433 words
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Article, Illustration131 1993-02-23 13 The US dollar opened lower against the Singapore dollar yesterday at 1.6435/40 and continued to drift lower for the rest of the day towards the day's low of 1.6405 in tandem with the sell-ofT in US$/yen. Support for the US$/S$ was provided by local corpo-131 words
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Article193 1993-02-23 13 Reuter LONDON The yen soared to new highs against the dollar in European business yesterday as rumours persisted that the world's leading industrial nations would push for a strengthening of the Japanese currency. Dealers said the yen was quoted during the day at 115.85 to the dollar but tradedReuter - 193 words
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Article88 1993-02-23 13 Knight-Ridder NEW YORK The US dollar was mostly lower in early trading here compared with late Friday levels, although it was gradually recovering after hitting a record low against the Japanese yen. At 0940 ET, the dollar was bid at 1.6250 deutschemarks, down from 1.6385 on late FridayKnight-Ridder - 88 words
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Article, Illustration1615 1993-02-23 13 limit- MrtfhifJ inj> < iuA uLihti ana:n\i Spire's hip 14 trading part mis Bjv ><nir m< US$/S$ forward rates Noon Feb 2; s$ Bid Offer 1-month I 6388 ***** 2-month I 6376 1.6391 3-month I 6364 1.6379 6-month 1.6333 1.6353 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am yesterday:1,615 words
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COMMODITIES & FUTURES
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1468 1993-02-23 14 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures ended moderately weaker on liquidation sales yesterday. Contracts drifted lower on profittaking after recent strong gains following US President Bill Clinton's economic package. Lack of news about credit-easing from Federal Reserve chairman Alan Greenspan after hisReuter - 1,468 words
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993 1993-02-23 14 COMMODITIES REPORT Tin THE PRICE of tin on the Kuala Lumpur Tin Market dropped eight sen to close at MS 14.91 per kg on lack of fresh leads yesterday. Dealers said the US$2O fall on the London Metal Exchange last993 words
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Article1679 1993-02-23 14 Rubber MS Commodity Exchange (futures dosing as at lpm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Feb 93 Mar 93 143.00 140.50 140.50 375 1.025 Apr 144.00 141.50 142.75 2,375 8.100 May 145.00 144.25 145.25 1.800 6.825 Jun 146.50 146.25 147.251,679 words
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REGIONAL STOCK MARKETS
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Article1064 1993-02-23 15 10.2 THE share market closed near its highs as the futures market inspired solid gains. Gains on Wall Street and a bullish banking sector also helped lift the All Ordinaries Index back above the 1,600 mark after Friday's sharp fall to 1,594.7. It closed 10.2 points up at 1.604.9.1,064 words
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Article513 1993-02-23 15 -1.37 Share prices eased on profittaking but the market will bounce back by mid-week because of strong support from selected blue chips and oil issues, brokers said. The Manila Composite Index shed 1.37 points to close at 1,471.87. "The market went through a correction because it is in an513 words
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Article607 1993-02-23 15 +42.79 Stocks closed higher in hectic trade. Financials soared on expectations that the Big Three banks would issue big stock dividends next fiscal year but industrials were mixed on heavy profit-taking, brokers said. The Weighted Index closed up 42.79 points at a six-month high of 4,098.44. Turnover rose to607 words
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Article383 1993-02-23 15 +22.64 Active institutional support and anticipation of a bull market ahead of Thursday's presidential inauguration fuelled sharp stock rises. Brokers said the market would sustain the upbeat today but said profit-taking would emerge later this week. The Composite Index added 22.64 points to 674.71. "Today's steep gains were attributed383 words
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Article291 1993-02-23 15 -9.32 The share market finished a dull day softer, falling for the fourth consecutive trading day. The NZSE-40 Capital Index closed down 9.32 points at 1,563.20 on a volume of NZ$l4.3 million. Fletcher Challenge closed down eight cents at NZS2.4O having shed 21 since their interim result last291 words
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Article72 1993-02-23 15 +36.97 Share prices rose on selective buying in early trading but lost some gains later on profit-taking yesterday, brokers said. The Bombay Stock Exchange (BSE) index closed at 2,708.34, up 36.97 from last Thursday's close but below a high of 2,725.25 reached at the beginning of the session. Friday72 words
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WORLD STOCK MARKETS
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Article930 1993-02-23 15 Britannia Funds sterling Cash Bid Ojfcr Mim t ap Deposit 3» 364X) 3* 3700 Mim Jer*> Gill *01*79 -0 IV78 Mim Ma» Income 1 0100 ***** US$ Cash Income Plus Fund *9 7700 *10 2900 PS Reserve Fund 5 1900 5 2000 Sterling Iquil) Euro Performance 0 4<>l J 0930 words
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Article733 1993-02-23 15 -1.7 London shares fell fractionally in trading on the London Stock Exchange yesterday as fear of a major rights issue discouraged investors, dealers said. Speculation about a possible rights issue of £1 billion from Imperial Chemical Industries (ICI) dominated sentiment. Investors were largely keeping out of the market ahead733 words
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Article154 1993-02-23 15 +22.06 French shares finished sharply higher yesterday, helped by buying in the morning at the start of the March bourse account, but the afternoon was quiet, dealers said. The market is well underpinned by hopes for lower interest rates, but trade will probably be thin for much of the154 words
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Article134 1993-02-23 15 +o.4pc Shares of drug company Astra fell sharply despite its positive 1992 full-year results, dragging the bourse down to a mixed close from the morning gains. The all-share index rose 0.4 per cent to 991.88 in strong turnover of 1.02 bil- lion crowns including 278 million crowns for Astra134 words
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Article188 1993-02-23 15 +02pc Shares traded sluggishly here yesterday, with the DAX Index gaining 0.20 per cent to 1,680.74 on the strength of financial issues. Dealers said investors were showed little interest in the midst of pre-Lenten carnival celebrations. But financial houses, spurred by hopes of lower interest rates, closed higher. Deutsche188 words
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Article159 1993-02-23 15 -2.09 Belgian shares closed fractionally lower in thin range trading yesterday and business was mainly concentrated in retailer Delhaize. Traders blamed the weaker dollar and the Carnival holiday period for the turnover regression. The Bel-20 Index of leading shares closed 2.09 points, or 0.17 per cent, lower at 1.210.85.159 words
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Article171 1993-02-23 15 -0.36 Bargain-hunting lifted Italian shares off session lows they touched on news of the arrest of two senior Fiat executives in Italy's political corruption probe. Dealers said Fiat shares had already fixed 50 lire down at 5.350 when news of the arrest of Fiat finance director Paolo Francesco Mattioli171 words
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Article243 1993-02-23 15 -8.1 Heavy selling in pharmaceu- tical stocks, which are seen as potentially suffering from a US health care reform, took Swiss shares lower yesterday. A firm bond market and a new round of cuts in cash bond rates gave some support to banks and insurers but was not enough243 words
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Article310 1993-02-23 15 -25 South African shares were lower at the close yesterday as a general lack of interest amid lacklustre world markets stifled hopes of continuing last week's steady gains. The JSE Industrial Index lost 25 to 4,512. The gold index was off lows, ending 12 points lower at 1,014. Dealers310 words
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Article247 1993-02-23 15 +14.83 Toronto stocks opened higher yesterday as shares recovered from the stress of options expiry and reacted positively to last week's prime rate cuts. "In our case, (the rise) is a leftover from Friday's (prime) rate cuts. Today is also an offset of Friday, which was expiry," one dealer247 words
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Article760 1993-02-23 15 11.6 Wall Street share prices rose yesterday, boosted by bar-gain-hunting in the wake of last week's rollercoaster performance which saw the Dow Jones Industrial Index shed 70 points. At II am (1600 GMT) the Dow was up 11.60 points at 3,333.78 in veiy heavy trading, with 93 million760 words
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Article, Illustration3021 1993-02-23 16 Reuter SHARbS ended higher yesterday on reports ot behind-the-scenes progress towards new SinoBritish talks on Hongkong's plans for political reform, brokers said. The blue-chip Hang Seng Index closed up 61.79 points at 6.231.88. The broader All Ordinaries Index gained 31.41 points at 3,305.66. Turnover was HK.52.9 billion. Trading wasReuter; Source: Bridge Info - 3,021 words
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Article, Illustration469 1993-02-23 16 THE Shanghai B market's turnover exceeded USSII million yesterday. The index shed 21.19 points, or 1.82 per cent, to close at 1.143.14. on the appreciation of the renminbi which lopped 5 per cent oIY the B Index. If the foreign exchange effect was taken out. the index should have469 words
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Article, Illustration2501 1993-02-23 16 Reuter STOCKS ended easier in slow trade. Investors were mostly sidelined, watching the rising yen. brokers said. The Nikkei Average seesawed on small-lot selling and futures-linked buying, with the bottom limited by public funds buying, they added. "Stocks are not reacting despite a handful of unfavourable factors but theReuter; Source: Bridge Info - 2,501 words
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Article, Illustration1782 1993-02-23 16 Reuter STOCKS fell across the board in thin trade yesterday as investors remained uncertain about the fate of other finance companies after First City Investment told the government last week it had run out of cash to repay debts, and was being investigated by authorities. The SET Index droppedReuter; Source: Bridge Info - 1,782 words
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Article, Illustration828 1993-02-23 16 Reuter SHARES closed mixed yesterday. with the fasting month dampening enthusiasm. The Official Index closed at 301.22 points, up 0.78 from Friday. Bank International Indonesia gained 50 rupiah to 3.475 on a turnover of 398.000 shares and Kalbe Farma was unchanged at 9. MX) with 248.000 shares traded. JapfaReuter; Source: Bridge Info - 828 words
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Article, Illustration2568 1993-02-23 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume M ull i-Purpose IK.l5S.iHH) kamunting 50c 8. if. .1.000 Tccti Resources A.SM.000 Mclroplcx 30c 6.312.000 Bcdiord MX S 465 001) KiB Corps 50c $.408,000 4.919.000 Kcnong Bhd MX .1 98S.IHH) 1 ongkah Hldgs 2.*»l 1.01 H) l mphocnix 2Source: Bridge Info - 2,568 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration5034 1993-02-23 17 Bernama KUALA LUMPUR Profit-taking in late afternoon led share prices here to close off earlier highs in hectic trading activity yesterday, dealers said. The KLSE Composite Index retreated from its intra-day best of 635.68 to close at 635.59, up 6.16 points from lastBernama; Source: Bridge Info - 5,034 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration1148 1993-02-23 18 Paul Leo - B> Paul Leo SINGAPORE Investors continued to focus on Malaysian stocks yesterday, leaving Singapore shares on the shelf ahead of this Friday's Budget announcement. With interest in blue chips subdued, the benchmark Straits Times Industrials Index edged up only 0.83 of a point to 1,639.87.Source: Bridge Info - 1,148 words
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Article, Illustration67 1993-02-23 18 Paul Leo - HOT STOCK Paul Leo TECHNOLOGY Resources at 51.96 is poised for a correction back to $1.55. Daily and weekly RSIs above 80 indicate an overbought situation. Daily and weekly stochastics near 100 also indicate an overbought condition. Resistance at 52.00 should cap the current advance. Buy on theSOURCE: BRIDGE INFO - 67 words
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Article6016 1993-02-23 18 MAIN BOARD Gr Gr 1992/93 Last Vol Day Last Qaoto Di» Dir \ld Net M t ap High Low Company Salt (*(«0) High Low Bayer Srlier CV P/E Sail INDUSTRIAL AND COMMERCIAL 306 170 Aetna 306 +17 1882 306 290 304 306 12.2 2.1 4.0 17.7 1890 210 210 s6,016 words
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Page 9 Advertisements
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Advertisement201 1993-02-23 9 jA IMPORTERS OF SYNTHETIC TEXTILES Meet leading Indian manufacturers and exporters of synthetic textiles AT THE BUYER-SELLER MEET FOR SYNTHETIC TEXTILES ORCHARD HOTEL, SINGAPORE FEBRUARY 24 AND 25,1993 10.30 AM -1.30 PM 2.30 PM 7 PM A unique opportunity to see the latest range of synthetic textiles from India, meet201 words
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Page 10 Advertisements
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Advertisement361 1993-02-23 10 WINDOWS M I EXPO '93 21 23 June 1993 Raffles City Convention Centre Singapore Corporations are migrating to Graphical User Interfaces in record numbers |^H Don't miss your chance to I stay ahead of the pack I WINDOWS EXPO '93 THE EXHIBITION Come to Windows Expo '93 a world class361 words
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Advertisement70 1993-02-23 10 Includes deluxe accommodation, full American Breakfast, free shuttle service to World Trade Centre, 24 hour butler service, complimentary newspapers and in-house movies plus full use of the Beaufort Sports Centre. Isn't it ahout time you spent a few days with us? H o T f t 15 The Beaufort MMOA70 words
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Advertisement144 1993-02-23 10 Training Courses in April/May 2990^8 for Executives I EMC Safety Conference Focusing Golf Conference Focusing On I On The Latest U.S. EEC Directives Development, Design, Management Specifications Operations I 12-13 April 1993 Westin Stamford 19-20 April 1993 Parkroval Hotel Financial Analysis For Greater Profit- Data Communication Networking j I ability144 words
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Page 11 Advertisements
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Advertisement55 1993-02-23 11 '22 yt > w a -r AW 7 DAYS LEFT TO BOOK AN AD IN THE YELLOW PAGES. Last day for booking: Monday Ist March "IT"| Call toll-free 1800 296 1633 now or walk in today! ess Integrated Information Pte Ltd 585 North Bridge Road #07-01 Bianco Court Singapore 071855 words
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Page 12 Advertisements
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Advertisement345 1993-02-23 12 Make A Headhunter Unhappy Encourage your High potential executives, invest in them, and they are more likely to stay with you. Give them and your business the benefit of the w micro-MBA w This is the six-week, Euro-Asia Course In International Management at the INSEAD business school in France. A345 words
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Page 14 Advertisements
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Advertisement374 1993-02-23 14 COLLIER CONSTRUCTIONS PTY. LTD. We are extending property Investment Opportunities to S.E.Asia. If your children are planning to study In Perth, or If you're a real estate Investor, we can provide: Our representative will be in Singapore from the 22nd 26th February. BUSINESS TIMES"" TOLL-FREE TEL. No. 1-800-737 0043 FAX:734374 words
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Page 15 Advertisements
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Advertisement27 1993-02-23 15 KOJI KAKIZAWA on new directions in Japan's foreign policy on Japan's new regional role All In REGIONAL ANALYSIS tomorrow ML Ihe Amsterdam closing report was not available27 words
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Page 16 Advertisements
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Advertisement23 1993-02-23 16 Johnston Murphy® A heritage of excellence since 1850 I set an Havelock Isetan Orchard Robinson Galeries Lafayette Kuala Lumpur Jakarta: SOGO Dept. Store23 words
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Page 17 Advertisements
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Advertisement45 1993-02-23 17 over 1 million cards honoured at overlO million establishments, MasterCaird puts i j T w wr*ol M 9 i^k w lo e wor < n your hands. And it gives v.; you easy access to cash at 300,001) bank ™SH"SE2™ and ATMs worldwide. IN row HANDS45 words
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Page 18 Advertisements
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Advertisement58 1993-02-23 18 v* JJKi Singapore:THF HOUR GLASS Lucky Plaza Tel. *****20/1 Scotts Tel. *****27/7198 y Centrepoint Tel. *****98/603 Peninsula Plaza Tel. *****09/*****63 Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 Indonesia: THE HOUR GLASS (Licensee) Plaza Indonesia. Jakarta Tel. 21-*****6/*****1 Malaysia: THE HOUR GLASS Lot 10 Centre. Kuala Lumpur Tel. 03-*****20/932 Yow Chuan58 words
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SPORTS
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Article, Illustration691 1993-02-23 19 Basketball NYT SALT LAKE CITY Usually, as these National Basketball Association All-Stars games go, there is more of a jov ial atmosphere than an intense one. Seriously, how intense can a game be when one team scores 153 points, as the West teamNYT - 691 words
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Article, Illustration341 1993-02-23 19 Golf AFP LA JOLLA, California Local boy Phil Mickelson scored the first victory of his professional career here on Sunday, a four-shot triumph in the Buick Invitational golf tournament. Mickelson, 22, carded a seven-under 65 that included a 31 on hisAFP - 341 words
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Article, Illustration438 1993-02-23 19 Shahiron Sahari - A weekend of excitement and a month's quota of eggs Rugby By Shahiron Sahari SINGAPORE It was halfway through Randwick's Singapore Cricket Club Rugby Sevens semi-final against Durban Hartlequins, with the South Africans, behind 7-28, pressuring the Australians' line. From the scrum, Randwick's Lloyd Walker received the ball on his438 words
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SIDE LINES
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107 1993-02-23 19 AFP AGADIR. Morocco David Gilford won a final round battle with Trinidad's Stephen Ames and fellow Englishman Jamie Spence to retain the Moroccan Open golf title here on Sunday. Gilford hit 71 for a nine-under par total of 279. Ames and Spence managed 72s toAFP - 107 words
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Article, Illustration50 1993-02-23 19 Reuter TOKYO Seeing-eye dog Kanna leading its owner. Sayri Kan (abow). in the women's 10-km race in the Oume International Citizens' Marathon here on Sunday. The blind runner completed the marathon course with a time of one hour, three minutes and 17 seconds, accompanied by her dog. ReuterReuter - 50 words
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Article110 1993-02-23 19 Reuter NAIROBI Kenya's five-times world cross country champion John Ngugi faces a four-year ban by the International Amateur Athletic Federation (lAAF) for refusing a random dope test, a senior lAAF official said on Monday. Ngugi. winner of the 1988 Olympics 5.000 metres, said he had declinedReuter - 110 words
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SCORE CARD
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Article, Illustration45 1993-02-23 19 Reuter BOMBAY England. 244 runs behind India on first innings, were 108 for three in their second innings at the close of the fourth day of the third and final cricket test on Monday. Scores: England 347 and 108 for three. India 591. ReuterReuter - 45 words
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Article, Illustration191 1993-02-23 19 Reuter AFP AP LA JOLI.A, California leading scores after the final round at the US$l million Buick Invitational of California tournament Sunday (players US unless noted): 278 Phil Mickclson 282 Dave Rummells 283 Payne Stewart 285 Jay Don Blake. Jay Haas. Greg Twiggs 286 Keith Clearwater. Joey Sindelar 287Reuter; AFP; AP - 191 words
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Article, Illustration52 1993-02-23 19 Reuter NEW YORK Results of NHL games played Sunday: Montreal Canadiens 4 Edmonton Oilers 3; Quebec Nordiqucs 6 New Jersey Devils 3; Washington Capitals 5 St Louis Blues 2; Pittsburgh Penguins 4 Hartford Whalers 3; Detroit Red Wings 4 Minnesota North Stars I; Chicago Blackhawks 4 Calgary FlamesReuter - 52 words
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Article, Illustration104 1993-02-23 19 AFP MADRID Weekend Spanish results: Sporting Gijon I Tenerife 2; Deportivo La Coruna 5 Real Socicdad I; Burgos 0 Barcelona I; Atlctico Madrid 2 Cadi/ 0; Logrones 2 Sevilla 0: Espanol 2 Oviedo 0; Real Zarago/a 2 Rayo Vallecano 0; Athletic Bilbao 0 Cclta Vigo I. Standings (played, won,AFP - 104 words
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Article, Illustration167 1993-02-23 19 Reuter AFP AFP AP Reuter PHILADELPHIA US$7OO,OOO US Indoor men's tournament final Sunday (prefix number denotes seeding): Mark Woodforde (Aus) b 4-lvan Lend! (US) 5-4 0-15 retired. PARIS Einal of the U*****.000 Paris Indoor Open women's tournament Sunday: Martina Navratilova (US) b Monica Seles (Yug 1) 6-3. 4_6. 7-6.Reuter; AFP; AP - 167 words
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Page 19 Advertisements
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Advertisement326 1993-02-23 19 NOTICES THE COMPANIES ACT CAP. 5* FOO INVESTMENTS PRIVATE LIMITED (In Voluntary Liquidation At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held at 10 Anson Road. #13-12 International Plaza. Singapore 0207 on the 19th day of February, 1993, the special resolution set out326 words
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Advertisement406 1993-02-23 19 IN THE MATTER Of THE COMPANIES ACT (CHAPTER SO) ANO IN THE MATTER OF GALLERY ASIA PTE LTD (Incorporated In the Republic ot Singapore) (MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act. Cap 50 that the Final General Meeting of the Members of406 words
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Advertisement239 1993-02-23 19 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LIAN TECK TIMBER PRODUCTS PTE LTD < IN MEMBERS' VOLUNTARY LIQUIDATION NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap. 50 that the Final Meeting of the Members of the above-named Company239 words
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Advertisement208 1993-02-23 19 THE COMPANIES ACT CAP. SO otiti iNvtfTMCMn mrvATi umtio (la VoJaatary lufatlolioa) FINAL MEETING NOTICE IS HEREBY GIVEN THAT the Final Meeting of the Memben of the abovenamed Company will b* be Id at the office ofMoore, Iyer 8C Co., at 70 Shenton Way #14-01, Marina Howie, Singapore 0207, on208 words
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Advertisement210 1993-02-23 19 THE COMPANIES ACT CAP. SO MSKIYA CREATION a DUtCN rTt LTD (la Vdaatary 1 iq sideline) FINAL MEETING NOTICE IS HEREBY GIVEN THAT the Final Meeting of tbe Memben of the above named Company will be held at the office of Moore, Iyer fc Co., at 70 Sbenton Way #14-01,210 words
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Page 20 Advertisements
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Advertisement576 1993-02-23 20 Nothing Beats A Bud. OF BUD LIGHT KOREAN BBQ BUFFET P*!9fIMHySLL^^SSBHISI Undecided about whether to have a piping hot steamboat or a sizzling Korean BBQ Buffet? Now. you can enjoy both tor the price of one at our Poolside. on Level 6. OIfHAID PARADE HQTII SINGAPORE 1 Tangfin Road. Singapore576 words
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Advertisement299 1993-02-23 20 WHERE TO WINE, DINE AND ENTERTAIN "PLAY IT AGAIN, SUM." Now we've reopened our doors. Club S is playing all your old favourites once again. The new loofc Club 5. For good old fashioned fun. The "Sunbard' ffl attendance Mon Thu spm I am •Fn Eves of Pubbc Holidays spm-299 words
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Advertisement274 1993-02-23 20 Fancy Beijing? Then, we're delighted to suggest the Pine Court for a jflrar memorable dining experience. Try our Beijing specialities such as Baked Tench, Beijing Duck and Marinated Lamb and our lunch menu of Beijing dian xin. m,n'| To add to your enjoyment, yfllQ all these are well within your274 words
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LIFESTYLE
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Article, Illustration1276 1993-02-23 21 Craig Wolff - What does Richard Pryor joke about now? Craig Wolff catches up with the comedian who is stricken by multiple sclerosis Craig Wolff NYT ALL night long Richard Pryor could not sleep. A few dreams crashed over him but left him jarred and jangled as they departed.NYT - 1,276 words
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Article, Illustration331 1993-02-23 21 CHATTERBOX ISRAEL is inviting Michael Jackson to take a dip in the salty Dead Sea in the hope that the water's supposed healing powers can cure the pop superstar's skin condition. Stung by rumours that he was bleaching his skin in331 words
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Page 21 Advertisements
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Advertisement40 1993-02-23 21 The Achfever seeks results in the right media and the right company. Classified the people finder. THE STRAITS T¥*ES THE SUNDAY TKAES BUSINESS TIMES THE NEW PAPER UANHE ZAOftAO UANHE WAN RAO SHINMIN DAILY NEWS BERITA HARIAN BERIT A MINGGU40 words
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Page 21 Miscellaneous
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Miscellaneous1179 1993-02-23 21 TV RADIO I (wife of Charles Bronson). Fac- jSB j ing death by cancer, she has to R cope with an adopted son who fl got into his head that be- ff* cause his natural father was j WP* hooked on heroin, the habit is F y K tL Earthvisions:1,179 words
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PROPERTY & CONSTRUCTION
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Article, Illustration892 1993-02-23 22 David Bayley - Singapore and Hongkong are among the leaders, reports David Bayley David Bayley The writer is executive director of Bayleys Real Estate Ltd and Bayleys Asia Ltd. Bayleys is Ne>t Zealand's largest commercial and industrial real estate company ASIANS still dominate investment in high-value commercialSource: Mayleys Valuation & Research - 892 words
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272 1993-02-23 22 Sylvia Wong - ATYOUR By Sylvia Wong MALAYSIA'S Reka Cantik group plans to open a chain of resorts across the Asia Pacific to cater to the region's growing middle class. It is now looking for resorts to buy in China. Vietnam, Cambodia, the Philippines. Fiji,272 words
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Article, Illustration808 1993-02-23 23 Harish Mehta - Harish Mehta turns a few pages in the project's little-known beginnings Harish Mehta THERE'S a littleknown story about how a former Australian politician backed out of a project to build the first modern office building in Hanoi, and how that808 words
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Article, Illustration165 1993-02-23 23 THE Central Expressway (CTE) Control Centre in River Valley Road is getting a facelift. Aluminium louvres will be installed between the frame-like cement pillars that crown the $5 million centre as part of a Public Works Department plan to enhance the aesthetics of the building.165 words
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Article89 1993-02-23 23 Retail projects to be completed this year ratal projects Net(eqm) Apollo Centre Havekxk Road 5,167 The Concourse Beach Road 10.300 Ngee Ann City Orchard Road 66,000 Pacific Plaza ScottsRoad 3,252 Shaw Houm Redevelopment Orchard Road 16,215 STPB site development TanglinRoad 13,777 Four Seasons Hotel Orchard Boulevard 4,367 Lane89 words
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REGIONAL SKYLINE
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79 1993-02-23 23 Nihon Keizai TOKYO More than 10 major Japanese real estate firms are expected to put up 100 million yen (Ssl.4 million) each to form a new joint venture. The venture will buy devalued real estate assets from another joint venture set upNihon Keizai - 79 words
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Article78 1993-02-23 23 South China Morning Post HONGKONG The local government in Tianjin, China, has signed the city's largest land development deal with Hongkong's Safer Holdings. Safer Holdings will invest HKSI.S billion (Ss3l9 million) in the Fu Yu Square development, an office, retail and residential project onSouth China Morning Post - 78 words
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Article75 1993-02-23 23 South China Morning Post HONGKONG The number of sales and purchase agreements registered with the Hongkong Land Office plummeted by 58.4 per cent last month from a year earlier. The drop was generally attributed to political uncertainties about the colony's future and restrictive mortgage policies.South China Morning Post - 75 words
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79 1993-02-23 23 Bangkok Post BANGKOK First Pacific Land is preparing to move into the middle income housing market of Bangkok and its surrounding areas this year. The company is said to be seeking a suitable site for a housing development in the Thai capital. First PacificBangkok Post - 79 words
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72 1993-02-23 23 Bangkok Post BANGKOK Thai investments in Vietnam are expected to increase in the next two years, especially in hotel and office projects, said Yap Kioe Seng, an urban land development lecturer at the Asian Institute of Technology. However, Mr Yap said, opportunities inBangkok Post - 72 words
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Article71 1993-02-23 23 South China Morning Post HONGKONG Potential buyers of the Ritz Carlton Hongkong may tear down the luxury hotel even before it has officially taken in any guests. This is because the hotel, which is located in Central, has tremendous potential as an office development. The 25-storey,South China Morning Post - 71 words
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Page 22 Advertisements
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Advertisement311 1993-02-23 22 CALCUTTA City of joy. Centre of the arts. i A h&k One of India's most exciting And if all that's not quite your to innumerable temples some dating cities Calcutta has given the world the cup of tea then perhaps a visit to from the 12th Century. Further afield, 7311 words
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Page 23 Advertisements
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Advertisement218 1993-02-23 23 CORPORATE BROCHURES PRODUCT LEAFLETS PROMOTIONAL FLYERS ANNUAL YOU WOULDN'T LET YOUR GP I Drill Your Teeth... z o 0 0 0 Need to produce a brochure? /t J 0 0 Consult a specialist. I S Brochures is a specialist in the ,'~v fc (y>Xa field of creating annual reports, corporate218 words
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Advertisement221 1993-02-23 23 SEEING THE BEST IN JEWFT T FRY HONG KONG INTERNATIONAL JEWELLERY SHOW *93 MARCH 18-21,1993 HONG KONG CONVENTION EXHIBITION CENTRE If you're in the jewellery business, the Hong Kong International Jewellery Show is an event you cannot afford to miss. Organised by the Hong Kong Trade Development Council and the221 words
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Article470 1993-02-23 24 EDITORIAL THE assent by Malaysia's King, Sultan Azlan Shah, to constitutional amendments passed by Parliament to curb some of the privileges of the country's nine hereditary rulers camc as a relief not just to Malaysians but also to many of Malaysia's well-wishers in the region. The470 words
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WHAT THE OTHERS SAY
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Article176 1993-02-23 24 IN Cambodia remains a pipe-dream. The Khmer Rouge's repeated refusal to disarm or participate in the general election scheduled for May, as well as other disruptive actions, have endangered the UNsponsored peace process. The hope that other political forces would pull together, go through the election176 words
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Article191 1993-02-23 24 LAST WEEK, the government announced an increase of between $25 and $125 per month for about 2,300 nurses and for nursing recruits. The revision, the first in five years, is part of the move by the Ministry of Health to reduce the attrition rate and191 words
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Article168 1993-02-23 24 ACCORDING TO a survey published by NIE lecturer Loh Shoou Ai on how to enhance the ability of students in learning two languages, the learning of Chi- nese is not at the expense of the learning of English. In fact, according to the results of Chinese168 words
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Article116 1993-02-23 24 DEVELOPING COUNTRIES have one advantage over developed ones. They can leam from past mistakes. This is especially true when it comes to the environment. Thailand has chosen to ignore such a lesson. As a result, we are suffering from a plague of severe environmental crises. To solve116 words
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Article133 1993-02-23 24 CLAIMS OF police brutality are nothing new. Both here in Hongkong and elsewhere in the world, offenders regularly resort to allegations of beating and intimidation as a first line of defence when cornered and accused of crime. Last week's accusations that officers charged with protecting the public133 words
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Article, Illustration918 1993-02-23 24 Michael Richardson - The European Community is being viewed increasingly by East Asia as a declining global player, writes Michael Ricnardson Michael Richardson IHT WHEN Mahathir Mohamed, the Prime Minister of Malaysia, thinks of Europe these days, he professes to see a continent handicapped by a high cost structure thatIHT - 918 words
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Page 24 Advertisements
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Advertisement174 1993-02-23 24 Las Vegas Development Site With Landmark Hotel and Casino Major financial institution is offering for sale a 21.3 acrc site with a 499-room hotel and 20,600 sq ft casino. This ideal development property is adjacent to the I>as Vegas Convention Centre and is two blocks from Las Vegas strip. Closed174 words
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Page 24 Miscellaneous
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Miscellaneous154 1993-02-23 24 rri Business Times WE KNOW ASIA l imes House, 390 Kim Seng Road (0923). Phone: *****11. Telex: RS *****. Fax:733-5271 Chief Operating Officer: Denis Tay Editor: Patrick Daniel Group General Manager (Production): Chew Keng Juea Associate Editor: Margaret Thomas Group General Manager (Marketing): Tham Khai Wor Nens Editor: Alvin lay154 words
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ANALYSIS
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Article666 1993-02-23 25 Ruth Sinai - The issue of possible economic espionage by US intelligence agencies is fraught with complexities. Ruth Sinai reports Ruth Sinai AP SEVERAL years ago, IBM advertised in France for computer specialists. Among the respondents hired were three people who also happened to work for French intelligence and beganAP - 666 words
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Article, Illustration1294 1993-02-23 25 S N Vasuki - Western analysts say the only way Japan can cut its rising trade surpluses is by allowing the yen to appreciate sharply. S N Vasuki reports S N Vasuki The writer is a BT correspondent specialising in Japanese and S Korean affairs THE STEEP appreciation ofSource: Solomon Beur; Source: Nikko Securities - 1,294 words
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Article, Illustration1209 1993-02-23 25 James Sterngold - Japan's efforts at "recycling' its huge trade surpluses by investing abroad have waned, writes James Siterngold James Sterngold NYT EVEN AS Japan racks up the largest trade surpluses in history, the flood of international investments the surpluses were supposed to finance have declined sharplyNYT - 1,209 words
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458 1993-02-23 26 EC ready to pursue European unity with 10 nations Reuter NEW DELHI German Chancellor Helmut Kohl has said that at least 10 European countries would go ahead with their unity plans if either Britain or Denmark failed to endorse the Maastricht Treaty withinReuter - 458 words
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432 1993-02-23 26 AFP BRUSSELS The European Community yesterday accuscd United States trade negotiators of distorting a dispute between the two sides over barriers to deter foreigners from the massive public procurement market. EC officials said that the US negotiators had issued figures giving the falseAFP - 432 words
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220 1993-02-23 26 AFP BEIJING Parliament yesterday passed China's first national security law, which authorises the suppression of any threat to the Communist Party or to economic reforms, a report said. The State Security Law was approved by the standing committee of the National People's Congress (NPC),AFP - 220 words
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416 1993-02-23 26 Russian President appeals to military to act as guarantors of stability AFP, Reuter MOSCOW President Boris Yeltsin said yesterday that there were forces in Russia hoping to drag the military into politics and appealed to the armed services to act as guarantors ofAFP,; Reuter - 416 words
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Article, Illustration882 1993-02-23 26 HARISH MEHTA; HARISH MEHTA - The Bottom Line HARISH MEHTA HARISH MEHTA The writer is a BT correspondent specialising in Indochinese affairs OUT in the Cambodian countryside, walk softly and carry a big stick. Better still, carry an artillery arsenal. But when in the cities, carry a fat882 words
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484 1993-02-23 26 Reuter KUWAIT United States Secretary of State Warren Christopher, landing in Kuwait two years after a US-led coalition drove out Iraqi troops, said yesterday that President Bill Clinton would maintain a tough stance against Baghdad. Mr Christopher, on his first foreign missionReuter - 484 words
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Page 26 Advertisements
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Advertisement117 1993-02-23 26 C Singapore 's most popular Nitsukoi*^ Telephone System Only 4t SINCAFOCf IHI MOOR <4 ASS luiky PU/j FH 7 U24H*\ V M 2 )S4V27f7I<MI C M 7141 SKMM) I frVrumuU Pt j/4 W I I7BNWI MSM. I P4«s r TH 71)124»2A4* RjMWn TH IMW4I World l'*»r < rnTr TH *****07117 words
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Advertisement11 1993-02-23 26 Peace process more important than deportee issue, says Syria, Pg 811 words
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Advertisement206 1993-02-23 26 SINGAPORE COMM CI Distributor of the most sought after Key Telephone System mmKKm Tel: 278 7088 J t Seminar on The 1993 Budget, GST and Current Developments in Taxation The 1993 Budget and the Goods Services Tax (GST) Bill will be presented to Parliament on Friday, 26 February 1993. The206 words
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Shipping Times
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422 1993-02-23 27 Al Labita - From Al Labita in MANILA PROSPECTS look bright for Manila's shipbuilding industry, an area which had been overlooked by the government in the overall policy framework. Congress is set to act on a bill seeking to extend sweeping incentives to shipbuilding to422 words
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Article, Illustration363 1993-02-23 27 19 men feared trapped inside capsized trawler UPI NAGASAKI. Japan Strong winds and rough seas hampered the search on Sunday for 19 missing crew members of a Japanese fishing trawler that sank in the East China Sea, maritime safetyUPI - 363 words
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877 1993-02-23 27 Page Col ABC Containcrline 12 I Accord Group 8 1-3 •APL 5 3-5 Alpha Feeders 6 1 •ANL 3 1/2 •Arrow Trans 19 2 •ASCL 5 5 Avant Shpg 6 4/5 Avia Airways 14 4 Bait Orient Line 7 4/5 Bangladesh Shpg 18877 words
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Article, Illustration535 1993-02-23 27 Ships at HK told to go at full speed, be on pirate alert Bloomberg Business News. South China Morning Post KUALA LUMPUR Malaysia is setting up four new antipiracy commando units to patrol its busy sea lanes. The Star newspaper reportedBloomberg Business News.; South China Morning Post - 535 words
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253 1993-02-23 27 International Transport Journal BASLE. Switzerland A tendency to decentralise responsibility seems to be developing among the liners with worldwide operations. Lines such as A P Moller (Maersk) in Copenhagen or Hapag-Lloyd in Hamburg have begun to divide up control of theirInternational Transport Journal - 253 words
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Article, Illustration1340 1993-02-23 28 Bob Gibb - The UK offshore union is only a baby, but it is growing fast, its general-secretary tells Bob Gibb Bob Gibb Lloyd's List IT WAS after his son had been arrested for the third time during an an-ti-nuclear demonstration at Holy Loch thatLloyd's List - 1,340 words
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Article342 1993-02-23 28 THE BALTIC Freight Index for spot dry cargo shipping rates rose to 1,369 on Friday from 1,362 on Thursday, with the base being Jan 4 1985 equals 1,000. FIXTURES Ore: Sindia (Built 1988) 69,347 tonnes dw intention iron ore and probably coal delivery Bin Qasim Feb 25-Mar 10342 words
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Article1109 1993-02-23 28 COURSES Feb 25: Maritime Arbitration In Singapore Singapore Bunker Claims Procedure organised by Singapore National Shipping Association in a luncheon talk at Harbour View Dai-lchi Hotel. For more details, please call tel: 278-3464 or fax: 274-5079. March 3-4: Aviation Safety Investigation Conference Singapore jointly organised by the Singapore1,109 words
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Article11190 1993-02-23 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at I'enang after11,190 words
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Article3364 1993-02-23 41 A X XB( oaiainerline NV: Bclsin Shpg Agencies Ptc Lid (SVMannc Handling Sdn Bhd (Pk/PN). Accord Group: Accord Shpg Pte Lid (Sy Accord Cootr Line (Pk/PN). Adkrk Business Corporation Philippine Calsouax" Shpg Trdg Pie Lid (S) Ahrenkiel Liner Service kim Shpg Trdg <S>. Albutros Sen-Air Service: Frala Shpg3,364 words
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Article262 1993-02-23 41 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144 Airborne Freight C orporation Tel: 542-8844 Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. VJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies A262 words
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Article1464 1993-02-23 41 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerotink Freight International Tel: 545-8031 Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air1,464 words
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Article2125 1993-02-23 42 ALBANIA Durres: Seven vessels in port of which 2 discharging general cargo, 1 flour, 1 potatoes, 2 wheat, 1 loading general cargo. ANGOLA Soyo: Kwanda base and Quinfuquena terminal remain occupied by Unita forces. Loading according to programme at Palanca. there is a posssibility that loading will resume2,125 words
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Article770 1993-02-23 42 SHIP SALES TANKER RATES The in formation was contributed by Simpson Spence Young AFP GREEK buyers continue to dominate the tanker market with Thernamaris purchasing on a subs basis the coated product tanker Beron Mette 58.000 dwt and built 1977 Kaldnes at USS7.S million and Tsakos are rumoured to beThe in formation was contributed by Simpson Spence & Young; AFP - 770 words
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Article558 1993-02-23 42 ARRIVALS Op Flight Type ETA T From TODAY NCA KZ203 B747F 0145 1 NRT KAL KE697 B747F 0150 1 SEL JAL JL617 B747F 0345 1 TYO SIA SQ835 B747F 1125 2 BSL/DXB RJA RJ024 B707F 1900 1 AMM/DXB C'LX CV796 B747F 2115 1 LUX/AUH/KUL TOMORROW AZA AZ997558 words
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Article275 1993-02-23 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel IMMWWMr ETA LTD Ports of Calls Port Ageat Telephone No FEBRUARY 24 24 Delfin Star 1200 1800 Sin-Port KJang Ocean Trade Chartering 299-0366 25 25 Sea Goddess 2 0800 1800 Far East Cruise Thoresen Co 220-1051 25 25 Song of275 words
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SHIPS IN PORT
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Article464 1993-02-23 43 Vessd Voy Wo Berth Ariv* Pepartoe VessH Voy No Berth Arnvi Departue iurone Port tlona SC264C 23/02* P01A 2302/1100 2302/1900 ASl 15/B 6 13 alongside 2302/2300 Gl Seiatan 6 181 P10 22.02/1930 23 02/1200 Newton 19 alongside 23.02/2359 Gulf Sultan 0293 P04 2202/1900 2302/0600 sSTcuang Ha. 15/6464 words
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Article138 1993-02-23 43 Inhnr jonore ron Berth: 1,3 and 4: ml; 2: Glory Selatan VI; 5; Sunny Venture; 6: Bangkok Bridge. 01 jetty: Queen Che DCJ: ml. Due on Feb 22: PetrobulK Sterling, Bunga Sepang, Abadi.Rakmat, New Line No 1, Barge Ayu, Kota Makmur, Fu Chun, Aries, Barge Josindo. Due on138 words
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Article1556 1993-02-23 43 DELIVERY Of FCL IMPORT CONTAINERS IN PROGRESS Voy No Container avafabte Voy No Canbiww avalabte Elbe Star 923A COO(EST) 22.0293 1500 CGM Rabefars PR0033 21.02.93 0725 Hayakawa M 8666G COO(EST) 22.02.93 1500 Swadaya 718 21.02.93 0923 figer Shark 308 COO(EST) 22.0293 0700 Ming Star 70C 21.02.93 0940 Arktrs1,556 words
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AIR AND LAND TRANSPORT NEWS
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Article, Illustration534 1993-02-23 46 AFP SANTA MONICA, California President Bill Clinton laid the groundwork for government aid to US aeronautics firms so they can better compete with Europe's Airbus, while here on Sunday to pitch his economic plan. "We find a lot of the areas thatAFP - 534 words
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505 1993-02-23 46 Reuter TOKYO Japan's biggest aircraft maker, Mitsubishi Heavy, is being squeezed by a drop in orders for both its military and civilian products and appears to have no clear strategy to see it through the expected business drought. "It is tough. We want to keepReuter - 505 words
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442 1993-02-23 46 AFP SYDNEY Australia's multinational transport group TNT Ltd yesterday announced an interim net loss of A 574.5 million (5584.2 million) mainly due to provisions associated with its express freight venture and foreign exchange losses. The result, for the six months to Dec 31,AFP - 442 words
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LOG BOOK
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56 1993-02-23 46 Reuter QUEITA Pakistan's ship-breaking industry has become the biggest in the world in terms of tonnage after Taiwan, a government official said yesterday. Pakistan has broken 25 ships since last October and 30 are to reach the Gadani ship-breaking yard, 50 km west of Karachi,Reuter - 56 words
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Article107 1993-02-23 46 Bloomberg Business News TOKYO Japan's two largest airline companies, flag carrier Japan Airlines Co and number two All Nippon Airways Co* will increase the number of aircraft they lease to up to 30 per cent of total fleets by 1997, the Sihon Keizai newspaperBloomberg Business News - 107 words
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Article, Illustration53 1993-02-23 46 Reuter TALINN, Estonia An Aeroflot crew member pulling a ladder up from the ground after a refuelling stop in Tallinin on Saturday during a hijacking of an Aeroflot TU-133 aircraft. An Azeri hijacker later directed the plane to Stockholm where some of the passengersReuter - 53 words
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Article100 1993-02-23 46 Reuter LONDON Helicopters rescued nearly 400 workers on Sunday from a floating accommodation platform which cut its anchors from a gas rig in the North Sea after being hit by storms, the US oil company Amoco said. A spokesman said 14 helicopters shuttled to andReuter - 100 words
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471 1993-02-23 46 IHT PARIS A dramatic nationwide awareness campaign has generally succeeded in turning xenophobia into an expletive, but Bonn is unrepentant in the latest example of official discrimination against foreigners. Indeed, one of the government's strongest arguments for imposing a new taxIHT - 471 words
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Article1296 1993-02-23 46 atI FMK ET> n» FTB^ Abu Dhabi GA893 1500 GA982 0210 GA974 2225 GA886 2305 Adotaido QF81 1935 QF82 2050 Amman RJ182 2200 GA893 1500 GA974 2225 Amsterdam KL837 1545 SQ338 2300 SQ323 1815 KL838 2350 AOiews SQ348 2300 Auckland NZ35 1425 SQ288 2045 SQ286 20451,296 words
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380 1993-02-23 46 Obituary NYT ROME The luxury cars that bore Ferruccio Lamborghini's name achieved renown for chic and speed in the late *****, when customised models were ordered by people like Grace Kelly and Frank Sinatra. He founded the industrial company that vied withNYT - 380 words
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Page 27 Advertisements
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Advertisement26 1993-02-23 27 LAW PAGE Every Thursday in Business Times One man's struggle for a single trade union, Pg2 Closer govt-industry ties to aid aeronautics sector: Clinton, Back Page26 words
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Advertisement31 1993-02-23 27 /js3s. Lines and services represented by YfSpR&S Members of the Registry of Accredited 4 RSl*| Stripping Agents, Singapore National Shipping Assodation. {•or advertising enquiries, contact Sluooiny t imet: t'el 740 10X9/740-209031 words
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Advertisement332 1993-02-23 27 International Freight Forwarder EUROPE LCL FCL Services "*@@ooooo M+R FORWARDING PTE LTD i [Someone dose has been living Your son in Canada is studying for some years, overseas. You've gven up ■BQ9H And you —«J"« want him The Straits Times ■EMngM close to home weekly tells it better. -with news332 words
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Page 28 Advertisements
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Advertisement17 1993-02-23 28 Port conditions, Page 16 Ships In Port, Page 17 Appointment Ads Help You Find The Right Candidate17 words
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Page 28 Miscellaneous
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Miscellaneous588 1993-02-23 28 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 (MOO 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 ISOO 1900 2000 2100 2200 2300 26 2.6 2.5 2.0 1.5 1.0 0.1 0.7 0.9 1.3 2.0 2.6 2.9 2.9 2.7 22 1.5 1.0 0.6 0.4588 words
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Page 29 Advertisements
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Advertisement2298 1993-02-23 29 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES *****11 FAX: *****09 tllf#.# BOOKINGS TEL: *****34 *****58/ *****40 AllV#^ MjP M CFS (PSA F5) TEL: *****21/ *****79 JARDINE SHIPPING AGENCIES SDN. BHD. P H PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 I, VftA# J "Z PENANG TEL: *****4 FAX: *****1 CFS TEL: *****62,298 words
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Advertisement420 1993-02-23 29 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 (fmuAsc/| UNITED ARAB SHIPPING CO.(SAG)j /J To US East Coast »a./m Milwrcl n| «f Mil] W2MXMIMIOT t 03 1/M 10 M U/M 11, M MOM mm 11/U 21/ m n m m m m m H KMfl MINI 7/M V« 11/ IS420 words
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Advertisement1255 1993-02-23 29 mams&ssm DIRECT SAILING TO DUBAI /KUWAIT /BANDAR ABBAS TREIN MAERSK V.9307 ETA SIN 25th FEB 93 BOOK NOW!!! Vessel Voy ETA ETD Feeder by S« Lork/Ane* DESTINATIONS TN» Met Melie Mwik V 9304 IiWWMTCTaWigTWWWmww»3— cv 2/3 HHHnHHMMMBaBHBMMBMIftIiMBHMMMIIMIMI CFS 2/3 0300 MRS JOH LPK PEN OAK LGB HOU SOO ATL MIA1,255 words
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Page 30 Advertisements
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Advertisement1439 1993-02-23 30 AQABA R'DAM/ [I hm—« VOY NO S PORE JEDDAH (v>a JED) S TON H BURG ANT HAVRE KAMAKURA 27/107 25/2 13/3 16/3 14/3 1. MX MESTBOUK) DRESDEN EXPRESS 09/307 27/2 8/3 14/3 17/3 19/3 21/3 23/3 PORT KEUM t PENANG KAQA 28/108 5/3 21/3 24/3 22/3 CM6O TO UK/CONTMHT LUDWIGSHAFEN1,439 words
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Advertisement602 1993-02-23 30 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga. Baku North Korea Vietnam Mongolia Hungary CSFR Poland ocTSTrans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA BIN ORIENTAL KNIGHT 01/03 VILLE DE TUCANA 07/03 VILLE DE602 words
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Advertisement1466 1993-02-23 30 I Eslsrom&mit& mxwm REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALQ BCL* HAM BRE# ROT ANT* FEL LHA JAPAN SEA 251* 26/02 18/03 19/03 22/03 23/03 24/03 25/03 26/03 27/03 CHWA SEA 252W 02/03 24/03 26/03 29/03 30/03 31/03 01/04 01/04 02/04 NORASIA AL-MUNTAZAH 9301-3 09/03 30/03 31/03 04/04 05/041,466 words
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Page 31 Advertisements
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Advertisement1932 1993-02-23 31 STRAITS SHIPPING PTE LTD 10 Hoc Chiang Road #11-01 Keppoi Towers Singapore 0208 Tel: *****88 Fax: *****17 STRAUS KNTUW 1*,,,, o f*t> 1 RAJAH BROOKE VOCC Muara. La* 24 2« F*to 24 Fd> 27 Fdi /unv T ET rj. KMS MADURA Vo4€ UK. Sfcan. Taw 26-27 ft 21 Ftto 011,932 words
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Advertisement2411 1993-02-23 31 SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd I iXvy VjlVllLCllllvl a 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Wh. Te|; 225 2233 Te|ox RS ***** pNOCSp Fax; 225 5327/222 7517 C R 4905 nc i- AlO SOU AN' «0T MAM VfSSft >01 OO' HAM SOC I Al2,411 words
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Page 32 Advertisements
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Advertisement735 1993-02-23 32 I ET6EUR6K y -J IXPWBSS 3C>Bi{XSfT&gßgW»fe> SgttftfijS y _»a wi |stok|~ UPML mm HIK WOPT m\nm rutai irm I 3-7/ a I i/« </« 8/4 11/4 TO m> FUU^cowtainer EAST COAST PORTS Wl/VOI PKL STOW STO 1 MILB BWS 1 f»t AMI WO AUSTRALIA 42S 3/3 VI 19/3 22/3 16/3735 words
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Advertisement1911 1993-02-23 32 OHANJIN SHIPPING FDR Wl SM lIC HAUL S£A VCR FD* VSI SM IIME HAW SAV KM NYC HI FELIXSTOWE 016 C 20/2 DKECT 11/3 12/3 HANJM POHAMG 12CE 22/2 M ASIA 008E 1/4 2/4 4/4 HANJM SEOUL 131E 1/3 H TONGHAE 0991 25/3 26/3 HANJN SEOUL 131E 1/3 H HONGKONG1,911 words
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Advertisement1308 1993-02-23 32 H-H-TTTT^ IfKl SGP ISC me US fUS Ml OS* «V SM7 TTO LAI CHS OAI KTC U* MM MM H» MS f» CMI «l lam K 055 4/1 12/3 11/3 IJ/3 15/1 16/1 10/1 19/1 20/1 22/3 2/4 14/4 lt/4 17/4 27/4 2«/4 29/4 31/4 1/5 11/5 21/5 25/5 21/51,308 words
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Page 33 Advertisements
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Advertisement1630 1993-02-23 33 I^^ mm SCX: OOCL FORTUNE 39N' ETA SGP 03/03/9^^ll II ARRIVING LOS ANGELES 21/03/93 IN 17 DAYS StS II AEX: 'NEPTUNE RHODONITE 08E' ETA SGP 27/02/93 Ml |l ARRIVING NEW YORK 22/03/93 IN 22 DAYS I II *RI SCX: Connecting C. Pegasus Voy IK In HK6 28/02/93 I -R 21,630 words
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Advertisement1175 1993-02-23 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—PtSCHARGIHG WESTBOUND—LOAMNG TRMCHWED VIA ROTTERDAM]1,175 words
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Advertisement1503 1993-02-23 34 K 4 *Vv* *9 AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) w TEL *****77 TELEX: KAWAKIRS23I6S FAX: i I U MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD M V M W*J TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SARANA LAUT INTERNUSA1,503 words
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Advertisement1151 1993-02-23 34 PHILI ORIENT UN€S PT€ LTD V 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... WE TAKE 0/V THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION fAUtTnAUAMWIEALAND/SOUTHPAaFK FCULCL tBWf>CC~M 28 FEB SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 28 FEB1,151 words
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Advertisement623 1993-02-23 35 f SSSSflli PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSSSS I4O Cecil street #03-00 PIL Building. Singapore 0106. mm Mi IHH CR NO **********06 NOTICE Bangkok Service Crane Surcharge Further to our anouncement in the Shipping Times on 29 January 1993 and 1 February 1993, kindly note that with effect from 1623 words
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Advertisement1090 1993-02-23 35 WEEKLY LCL SERVICE NORTH EUROPE EVERY TUESDAY FOR THE FASTEST TRANSIT TIMES IN THE TRADE CALL:BEN LINE AGENCIES (S) PTE LTD TEL: 225 3522 BOOKINGS: NOELLE TAN/TS CHOW YEA SHYUAN/SALLY YAP OR EAC TRANSPORT AGENCIES (M) SDN RHD BOOKINGS: ANGELINE TAN SHAH ALAM TEL: *****49 001 ARK KHIANG PENANG TEL:1,090 words
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Advertisement305 1993-02-23 35 °BSA° TRANSPORTATION MYANMA iflßßk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'porc P.KI| Pen P.Gdj MTITKYMA V46B* 24/25 Feb PAGAN VI93W In Pt HP* AN VISSW 25/28 Fab MALAYSIA AGUU BOUSTEAO SHTPUG AGENCKS KUL IE 03-*****00 PIL: TU 03 34K757 PEN: TU 04-C***** PSD TEL 07 *****1/4305 words
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Page 38 Advertisements
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Advertisement3116 1993-02-23 38 Full Container Liner Services toliysii's Agents: Money's Agents: General Agents: Booking Agents: Ckm Cuan Shipping Sdn Bhd Chung Chi*o Shipping Sdn Bhd P.T. Global Putra Indonesia Maritime Costar Shipping Pte Ltd rmgut Book*ceotn u. sm 58 Persiaran Ra/a Muda Musa Lot 3.34. 3rd Floor. Jl IR H Juanda 111/14 I3,116 words
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Advertisement666 1993-02-23 39 FAMOUS CONTAINER LINES I 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 I HOT LINE: *****33 (24 LINES) I LIM ASSOL PIREAUS 27/2 ROTTERDAM 27/2 I HAIFA/ ASHDOD/ ALEX ANDRIA 27/2 HAMBURG/BREMEN 27/2 I MARSEILLE/FRANCE 27/2 FELIXSTOWE/UK 27/2 I BARCELONA/SPAIN 27/2 LEHAVRE/ANTWERP 27/2 I GENOA/ITALY 21/2 GOTHENBURG/SCANDINAVIA 27/2 I LOS666 words
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Advertisement927 1993-02-23 39 ir-m RICHFIELD MARINE AGENCIES (S) PTE LTD UTEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line#) i§\ ETHIOPIAN SHIPPING LIIKS r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOV ETA LOADING FOfl SPORE ANfXNET 30WB 10/04 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET mm "is** DARESSALAAM927 words
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Advertisement289 1993-02-23 39 NOTICE Bangkok Service Crane Surcharge Further to our announcement in the Shipping Times on 29 January 1993 and 1 February 1993, kindly note that with effect from 1 March 1993, the crane surcharge for all SHIPPERS OWNED CONTAINERS (SOCs) loaded or discharged at Bangkok will be revised in line with289 words
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Advertisement1413 1993-02-23 40 groupage I f\—jPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 v P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 COMPETITIVE RATE TO HONG KONG 3 SAILINGS WEEKLY (MON/WED/FRI) FOR BOOKING, PLS CALL *****76. *****75. *****22 GLOBELINK FORWARDERS PTE LTD mrmmm T£L: *****33 (ie lines) fax: *****33/*****42 tlx: rs1,413 words
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Advertisement38 1993-02-23 42 Any Job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New Paper Lianhe Zaobao Lianhe Wanbao Smin Min Daily News Berita Harian Berita Minggu Sin. t .tpore Press Hoktirttft38 words
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Advertisement752 1993-02-23 45 I HYUNDAI I I MERCHANT MARINE I WESTBOUND TO EUROPE I VESSELS VOY PNA PRE PGP VESSELS VOY_ SIN HTM MIT* LEH* HAM B*E| FEl_ I HMM ADVANCE 06A 23/2 25/2 27/2 SI MARINER 303W 2S/2 19/3 19/3 20/3 21/3 21/3 23/3 I HMM ADVANCE 07A 2/3 4/3 6/3 H752 words
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Advertisement15 1993-02-23 46 I I M 1 Tf IC SSI I "t B j* I Monday in-Business Times15 words
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Advertisement52 1993-02-23 46 omorrow in Business Times Fly Finnair's new MD-11 the world's most technologically advanced aircraft Fly Finnair's new wide bodied MD-11 to Europe and find out why long hauls are a thing of the past. Call your travel agent cc 733 3377 for more details. We know the world from start52 words
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