The Business Times, 25 February 1993

Microfilm: NL18517
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 BUSINESS TIMES MITA (P) 552/12/92 Thursday February 25 1993 Wli KNOW ASIA 75«
    13 words
  • 2am LATEST
    • Article
      Lock icon French right's plans on EC farm policy
      59 1 Reuter LUC! IE-TRINGE, France The French right, poised to gain power in next month's parliamentary elections, will seek to renegotiate European Community farm policy. Former president Valery Giscard d'Estaing, a centre-right presidential hopeful, also says US President Bill Clinton would face a tough,
      Reuter  -  59 words
    • Article
      Lock icon US plan to air-drop supplies under fire
      73 1 Reuter SARAJEVO Yugoslavia's powerful army has branded American plans to air-drop aid to eastern Bosnia deeply provocative and says the US is trying to suck itself into Bosnia's civil war. The stern statement from the Federal Army General Staff in Belgrade echoed warnings
      Reuter  -  73 words
  • Article, Illustration
    MARKET SUMMARY
    113 1 Stock market indices Wednesday Change Sril 1.677 64 +16.32 KLSE Composite 634.22 1.94 Nikkei 16.798.94 -64.21 Hang Seng 6,177.69 +28.5 SET Index 959.12 +13.04 Jakarta Composite ...299.81 -0.01 CLSA China B 1,634.49 +2.58 Aust All Ord 1.604.8 -3.4 FTSE 100 2.817.0 -1 Wednesday Previous llam close Dow Jones
    113 words
  • Article, Illustration
    S'pore growth hits 5.8pc, even stronger 1993 expected
    797 1  -  By Anna Teo SINGAPORE Aided by the upturn in the US economy and stronger trade flows, the Singapore economy sprinted to a 7.4 per cent growth in the last quarter for an overall growth of 5.8 per cent last year. Growth will
    797 words
  • Article
    Share prices rise to new high
    106 1 SINGAPORE Share priccs surged on the strength of the economic data released by the Ministry of Trade and Industry yesterday. The benchmark Straits Times Industrials Index jumped 16.32 points, or one per cent, to end at a record 1,677.64 yesterday, smashing the previous day's
    106 words
  • Article
    MRT extension: KL waiting for formal request
    333 1  -  From Rahita Elias in KUALA LUMPUR MALAYSIA's Transport Ministry will only study the proposed extension of Singapore's Mass Rapid Transit system to Johor Baru when it receives a formal request from the relevant government bodies. Transport Minister Ling Liong Sik said yesterday: "We
    333 words
  • Article, Illustration
    Hongkong to publish reform Bill if Sino-British talks are not held soon
    465 1  -  From Catherine Ong in HONGKONG THE Hongkong Government yesterday said it would push ahead with publishing a controversial Bill on political reforms if Britain and China cannot agree to meet on them soon. Quizzed by legislators yesterday, Hongkong's
    465 words
  • Article
    Lock icon New boost to Tokyo economy will exceed last year's US$84b package
    311 1 AFP TOKYO Alarmed by a reeling economy and the advancing yen, Japan's ruling party has dccidcd to map out the largest ever stimulation package far bigger than the 10.7 trillion yen (USSB4 billion) pump-priming package announced by the government
    AFP  -  311 words
  • Article
    Discount rate cut not ruled out
    104 1 TOKYO Japan cannot rule out the possibility that its central bank will cut its discount rate again. Finance Minister Yoshiro Hayashi told the budget committee of parliament's lower house yesterday. Asked if Japan intends to cut its discount rate again. Mr Havashi said the
    104 words
  • Article
    Ramos committee fuels controversy over merger of Philippine bourses
    497 1  -  From Al Labita in MANILA THE process of unifying the Manila and Makati bourses got even more muddled this week. In a new twist to the controversy, President Fidel Ramos ordered the creation of an "oversight committee" to supervise the merger
    497 words
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      168 1 I£i!i9S9SEB9K HSU Iwbmmhilß C32TR Cassette Receiver with DSP Sound Processor /CD Changer Control FUJTTSU TEN AMATEUR PHOTO STORES PTE LTD Singapore Phone 235 1333 Kuala Lumpur Phone 757 0233 Psnanf: Phone 615 985/619 014 Jakarta: Phone 374 065/380 1472 CONTENTS News Companies Economic Survey 2,3 S'pore-M'sia ...9.11.12 Regional News 4.5
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      9 1 The Law Page Error in payment: Who pays? Pg2s
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      36 1 w Hock lx)ck Siew Reporting season: What to expect? Px 2 INSIDE How the sectors perform Pg 2 Hock Lock Siew: 20% corporate growth likely Pg 2 Analysts see 7-8% Ist quarter economic growth Pg 3
      36 words
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  • 1992 ECONOMIC SURVEY OF SINGAPORE
    • Article, Illustration
      Personal computers a major driving force behind manufacturing industry
      514 2 Manufacturing HAVING recovered from last year's slowdown, Singapore's manufacturing sector has entered 1993 depending more than ever on one single product the personal computer. By a rough estimate, half of Singapore's domestic exports come from the electronic sector. And 60 to
      514 words
    • Article, Illustration
      Record $12.1b worth of contracts awarded
      421 2  -  Conatruction Reports by Lee Han Shih, Alvin Tay, Anna Teo, Schutz Lee and Dexter Lee A RECORD 512.1 billion worth of building contracts were awarded last year, the demand coming almost equally from the public and private sectors. Of the Si2.l billion. $6.26 billion
      421 words
    • Article
      Home, car buyers prop up finance market
      349 2 Finance SINGAPOREANS' crazc for real estate and obsession with cars kept credit officers busy and boosted the bottomlincs of banks and financc companies last year. Banks' outstanding housing loans grew by 28 per ccnt to 58.9 billion last year, more than four times
      349 words
    • Article
      Air and sea ports busier than ever
      223 2 Transport SINGAPORE reaffirmed its coveted role as South-east Asia's regional huh port by handling 7.6 million 20-ft containers and 238 million tonnes of conventional cargo last year. These compare with 6.4 million boxes and 205 million tonnes in 1991, which work out to
      223 words
    • Article
      Tourists spent a record $8.5b in 1992
      307 2 Tourism THE good news about the tourism industry is that it received a record 58.5 billion from a record six million tour- j ists last year. But the tourists are spending less in Singapore, and staying ever shorter periods. According to the 1992
      307 words
    • Article
      HK overtakes Japan as S'pore's fourth biggest export market
      379 2 Trade HONGKONG last year displaced Japan as Singapore's fourth largest export market, ranking after the US, EC and Malaysia. The top four export markets last year accounted for 56 per cent of total exports, with the US making up 21 per
      379 words
    • ECON SNIPPETS
      • Article
        GNP up 8.1pc from 1991
        90 2 THE TOTAL OUTPUT of the economy or gross domestic product rose to almost $75 billion last year in nominal terms. Add income from abroad, and the 1992 gross national product was $76.2 billion, up 8.1 per cent from 1991. Per capita GNP increased to almost
        90 words
      • Article
        Government surplus at $4.9b
        72 2 THE GOVERNMENT surplus grew by $1.4 billion, or 41 per cent, to $4.9 billion in the 1992 calendar year. Out of the surplus, a capital transfer of $1 billion was made to the Edusave Endowment Fund. Total government expenditure went up by about 9 per cent
        72 words
      • Article, Illustration
        Savings at 46.4 pc of GNP
        73 2 UROSS national savings rose to 535.3 billion last year, boosting Singapore's savings rate marginally to 46.4 per cent of GNP. The high national savings was more than enough to finance capital formation (comprising total investment and increase in stocks). But the resulting current account
        73 words
      • Article
        Higher balance of payments surplus
        88 2 SINGAPORE'S balance of payments surplus reached $10 billion last year, up 37 per cent. The rise came off a bigger capital account surplus, which reflected stronger direct investment inflows in line with the high level of investment commitments recorded in the last two years. Also,
        88 words
      • Article
        Slower growth in domestic demand
        66 2 FINAL domestic demand, which comprises consumption expenditure and fixed capital formation, grew by 5.9 per cent last year, down from 9.2 per cent in 1991. Growth in external demand also slowed because of weak conditions in most industrial countries. But the exports of services rebounded
        66 words
    • Article
      Pleasant surprises in store for investors
      860 2  -  HOCK LOCK SIEW Listed companies expected to post full-year growth of 15-20 pc By Alvin Tay THE FULL-YEAR reporting season is here again. If the Economic Survey of Singapore is anything to go by. investors can expect more pleasant surprises than nasty ones when
      860 words
    • Article
      Economists, analysts see 7-8pc growth in first quarter
      402 3 ECONOMISTS and analysts arc bullish that the momentum of the 7.4 per cent growth in the fourth quarter of last year will be carried into the first quarter of this year. Several of them arc looking at 7 to 8 per cent
      402 words
    • Article
      Economic plan focuses on boosting competitiveness, helping firms go abroad
      331 3 THE Strategic Economic Plan (SEP) has been given a sharper focus and is now aimed at boosting Singapore's ability to compete and encouraging businesses to expand abroad, says the Trade and Industry Ministry. StifTer competition and the small domestic resource
      331 words
    • SINGAPORE NEWS
      • Article
        Green Plan gets detailed proposals
        410 3  -  By Genevieve Cua OFFICIALS of ministries and statutory boards, who have been meeting for several months to discuss the Environment Ministry's Green Plan, have come up with detailed proposals to help make it a reality. The recommendations of three working groups dealing with environmental technology,
        410 words
      • Article
        How to compute turnover for registration purposes
        116 3 c Jj*AS |g THIS note is to explain how annual turnover is to be computed by traders who have to register for GST purposes. In computing turnover for registration purposes, the following rules will apply; To be included in turnover a) The value
        116 words
      • Article
        Chan Heng Chee appointed director of Iseas
        123 3 PROFESSOR Chan Heng Chee, director of Singapore International Foundation, has been appointed director of Institute of Southeast Asian Studies (Iseas). Prof Chan, who was Singapore's first woman ambassador to the United Nations, will succeed the late Professor KS Sandhu from March I. As
        123 words
    • Article, Illustration
      Tighter labour market expected in 1993
      381 3 Higher productivity growth may soften impact of labour squeeze THE labour market is expected to tighten this year but higher productivity growth could, to some extent, soften the blow of a labour crunch. "I see an increase in the tightness," said a Trade and
      381 words
    • Article
      GST on food likely to yield over $200 m a year
      282 3  -  Reports by Chuang Peck Ming and Schutz Lee FOOD, the biggest consumer item, should yield more than $200 million yearly for the government when the goods and services tax (GST) comes into effect next year. Last year, over $7
      282 words
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      122 words
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      89 words
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  • THE REGION
    • ASIA NOTES
      • Article
        Lock icon Russia offers MiG-29s to Thailand
        76 4 AFP BANGKOK Russia has offered to sell MiG-29 jet aircraft to Thailand, the Bangkok Post reported yesterday. It said Thailand's ambassador to Moscow, Kasit Piromya, recently visited an MiG--29 production facility in Nizhni Novgorod for a briefing on the aircraft's performance. But it also noted
        AFP  -  76 words
      • Article
        Lock icon M'sian chamber on CEPT move
        103 4 AFP KUALA LUMPUR Malaysia should await response from other Association of South-east Asian Nations (Asean) members before further committing to the Common Effective Preferential Tariff (CEPT), the National Chamber of Commerce and Industry (NCCI), an umbrella body of Malaysian business groups, said yesterday. "Already there
        AFP  -  103 words
      • Article
        Lock icon Manila to rely on foreign bond market
        98 4 Reuter MANILA The Philippines, buoyed by the success of its US$l5O million (***** million) Eurobond float, will increasingly tap the foreign capital market for its financing requirements. Finance Secretary Ramon del Rosario said. He said he hopes Manila will in time wean itself
        Reuter  -  98 words
      • Article
        Lock icon Australia physically closer to Asia
        75 4 AFP SYDNEY Australia is moving closer to Asia at the rate of up to seven centimetres a year. Seismologists at the Australian Geological Survey Organisation (AGSO) in Canberra blamed the shift on earthquakes in the Southern Ocean between Australia and Antarctica. "Over the last 40
        AFP  -  75 words
      • Article
        Lock icon Reasons for poor Aussie investments
        99 4 Reuter CANBERRA The recession is only partly responsible for languishing business investment in Australia, according to a report by the Centre for International Economics, commissioned by Australia's largest company BHP Ltd. The report noted that despite the broad push for deregulation in Australia during the
        Reuter  -  99 words
      • Article
        Lock icon Chinese minister's visit postponed
        64 4 AFP HANOI China has asked that a key visit to Vietnam, already delayed by a week, by its Defence Minister Qin Jiwei be postponed indefinitely due to his illness, an official source said here yesterday. Chinese authorities said General Qin was in hospital but did not
        AFP  -  64 words
    • Article
      Lock icon Asia-Pacific nations meet to discuss regional security
      176 4 AFP TOKYO Asia-Pacific nations yesterday began talks here to map out the future of regional security for the first time with Russia and China, a foreign ministry official said. The sixth security conference was attended by delegates from 11 countries, also including Japan,
      AFP  -  176 words
    • Article, Illustration
      Lock icon Malaysia to launch domestic investment initiative
      548 4 KL taking steps to offset slowdown in foreign direct investment Bernama KUALA LUMPUR The government is planning to implement a domestic investment initiative to offset the slowdown in foreign direct investment in Malaysia. International Trade and Industry Minister Rafidah Aziz said yesterday that the
      Bernama  -  548 words
    • Article
      Lock icon KL concerned over relatively slower domestic investment
      349 4 Bernama KUALA LUMPUR Malaysia is conccrncd over the relatively slower pace of growth of domestic investments when compared to foreign direct investments, says International Trade and Industry Minister Rafidah Aziz. In the first 24 months of the Sixth Malaysia Plan (6MP) period, she
      Bernama  -  349 words
    • Article
      A leg up for German firms in China
      411 4  -  Kohl's Asian tour By Walton Morais SINGAPORE German Chancellor Helmut Kohl explained yesterday why German companies arc keen to tie up with Singapore businessmen for projects in China, pointing to strong ethnic links and knowledge of the Chinese market. Speaking to business
      411 words
    • Article, Illustration
      Lock icon Human rights, trade ties in Kohl-Suharto talks
      524 4 Reuter AFP UPI JAKARTA German Chancellor Helmut Kohl discussed human rights issues and economic cooperation with Indonesian President Suharto at the start of a three-day visit yesterday. State Secretary Murdiono told reporters that Mr Suharto had pledged Indonesia's support for the UN Declaration
      Reuter; AFP; UPI  -  524 words
    • Article
      Lock icon International scheme not helping poor nations: UN report
      247 4 AFP BANGKOK An international programme has failed to help the poorest nations of the Asia and Pacific region to develop in the 1980s, a decade in which their debts more than tripled and aid to them dropped by 10 per cent, according
      AFP  -  247 words
    • Article
      Lock icon Yen surge unlikely to boost Japanese overseas investment
      430 5 Reuter TOKYO Japanese companies would find it cheaper to invest overseas if the yen clings to new heights but its latest surge is unlikely to spark an investment boom of the scale seen in the late 1980s, economists and officials said. "Medium
      Reuter  -  430 words
    • Article
      Lock icon China still a good bet for investors, say analysts
      392 5 Reuter NEW YORK Investors looking for an emerging market with strong economic growth prospects will find China hard to beat, but rising inflation and tensions with the UK over Hongkong could dampen enthusiasm in the near-term, top Crosby Securities Inc officials
      Reuter  -  392 words
    • Article, Illustration
      Lock icon Political row, protests threaten to mar Kim's inauguration
      307 5 Reuter SEOUL Political squabbling erupted and farmers threatened a protest yesterday as South Korea prepared to inaugurate Kim Young Sam as its first president without military background in more than three decades. Mr Kim will take the oath of office today on
      Reuter  -  307 words
    • Article
      Lock icon Good times ahead for hotels in Hongkong
      230 5 Bloomberg Business News HONGKONG Hongkong's hotel industry is set to take off in the next few years with occupancy levels rising, thanks to a swelling number of visitors to the British colony. Hang Seng Bank says_injts latest Economic Monthly. llie bank says that
      Bloomberg Business News  -  230 words
    • Article
      Lock icon India's reforms stifled by red tape, say businessmen
      384 5 Reuter BOMBAY India's budget on Saturday is expected to strengthen the country's bold economic liberalisation programme, but businessmen complain many reforms are being blocked at lower levels by red tape and inefficiency. The government of Prime Minister PV Narasimha Rao has introduced
      Reuter  -  384 words
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      202 4 "Others gave us a slim chance. But Expressions gave us a promise. And delivered." It's hard to believe they thing of the past forester, Two years ago, they never imagined Jjp how trim and attractive they could look x by visiting a slimming centre. And others were sceptical, too. j
      202 words
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      7 4 Editorial: S*pore-Bonn answer to protectionism, Pg 26
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      106 5 Who beats our business class sleeper seal? No one offers you more flights to Scandinavia than SAS. And no one offers you a sleeper seat in business class either. When you fly SAS Euro Class you don't have to pav first class fares to enjoy the added comfort of a
      106 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Changing of the guard in Taiwan
      1525 6  -  The appointment of premier Lien Chan has been welcomed by native Taiwanese and supporters of reform. Lim Soon Neo in Taipei finds out why Lim Soon Neo "I'm happy Lien Chan has passed (the nomination process) to become our premier," said Su Li-Ching, a
      1,525 words
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      135 6 Before we introduced PHONES-LINK they spend less time in the office and more X at Great Astern Life, our agents were time with our policyholders. making far too many trips back to the By taking the lead as the first life office. It was the only way they could get
      135 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Too early to tell if US recovery will last, warns Greenspan
      591 7 Fed chief emphasises need to cut budget deficit Reuter WASHINGTON While the US economy appears to be gaining strength. Federal Reserve chairman Alan Greenspan warned lawmakers on Tuesday that it is still too early to say whether the recovery
      Reuter  -  591 words
    • Article
      Lock icon Congress urged to help firms move ahead in environmental technology
      316 7 Reuter WASHINGTON The US should encourage environmental technology but lawmakers need to avoid thwarting innovation with a maze of regulations, business executives have told a Senate hearing. Both houses of Congress are holding hearings this week to examine the growing
      Reuter  -  316 words
    • Article, Illustration
      Lock icon Tax plan unlikely to spark big rise in debt issuance to fund new plants
      271 7 Reuter NEW YORK Although President Bill Clinton's economic plan encourages debt financing, the proposal is unlikely to ignite an explosion of debt issuance to fund new plants and equipment if it becomes law, analysts said. "The
      Reuter  -  271 words
    • Article
      Fortress Europe is a myth, says UK envoy
      353 7  -  By Quak Hiang Whai SINGAPORE "Fortress Europe" was a myth and European investment interest in the Far East had not declined, the British High Commissioner to Singapore, Gordon Duggan, said yesterday. Addressing a forum at Bukit Batok Community Club, he said the
      353 words
    • Article
      Lock icon Trade: Questions over whether US means what it says
      563 7 Reuter WASHINGTON US President Bill Clinton is talking tough on trade but officials say it is too soon to tell if the month-old Democratic administration is just flexing its muscles or gearing up for an all-out trade war. The White House
      Reuter  -  563 words
    • Article
      Lock icon Washington not moving towards protectionism, says Aussie minister
      282 7 Reuter WASHINGTON Australian Trade Minister John Kerin, after meeting US Trade Representative Mickey Kantor, has said he is encouraged the US is not moving towards protectionism. "I don't see any view that represents a concerted move to protectionism," he said, speaking for
      Reuter  -  282 words
    • WORLD WATCH
      • Article
        Lock icon Christopher hoping to set summit date
        107 7 AP JERUSALEM US Secretary of State Warren Christopher hopes to set a date for a US-Russian summit when he meets Russia's foreign minister today. US officials said on Tuesday that the goal was to hold President Bill Clinton's meeting with Russian President Boris Yeltsin
        AP  -  107 words
      • Article
        Lock icon Nafta assurance for Mexican firms
        84 7 Reuter MEXICO CITY The North American Free Trade Agreement (Nafta) should be viewed as an opportunity, not as a threat to Mexican small businesses, says the head of the state development agency National Financiera. "We have carried out analyses of 21 sectors and we see
        Reuter  -  84 words
      • Article, Illustration
        Lock icon Russian PM honours war dead
        43 7 Reuter MOSCOW Russian Prime Minister Victor Chernomyrdin (right) following soldiers marching with a wreath to the Tomb of the Unknown Soldier on Tuesday. The ceremony was held to mark the Dav of the Defenders of the Fatherland. Reuter
        Reuter  -  43 words
      • Article
        Lock icon Aspin suffering irregular heartbeat
        79 7 AFP WASHINGTON US Defence Secretary Les Aspin is experiencing an irregular heartbeat and doctors have inserted a monitoring tube in his heart, but expect he will recover completely, the Pentagon said on Tuesday. Mr Aspin, 54. was hospitalised last Sunday at Georgetown University Hospital because of
        AFP  -  79 words
      • Article
        Lock icon Rexrodt backs investment scheme
        68 7 Reuter BONN German Economics Minister Guenter Rexrodt favours the introduction in east Germany of a scheme under which part of workers' wages is invested in the company they work for rather than paid directly to them. The investivlohn system would have both economic and social benefits
        Reuter  -  68 words
      • Article
        Lock icon Italian PM says he will stay on
        83 7 Reuter ROME Italian Prime Minister Giuliano Amato has said he is committed to leading Italy through its current political crisis. During an interview with Italian television on Tuesday, he was asked how long he would work to hold together the government. "For as
        Reuter  -  83 words
    • Article
      Lock icon Beware new 'curtain' dividing Europe, warns Polish PM
      231 7 AFP VIENNA Polish Prime Minister Hanna Sue hoc ka on Tuesday urged western Europe not to allow the old Iron Curtain to be replaced by a new division between rich and poor countries in Europe. Addressing a conference here, she warned of
      AFP  -  231 words
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      231 words
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      80 8 One small achievement... jfJL.'. 1 A# #B L-*9Qfcjl No bigger than the size of a postage stamp, and with digital recording duration of up to 120 minutes, this is where Sony has once again shown their ability in making things small. And crystal-clear. With lucid sound almost on par with
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  • COMPANIES & MARKETS
    • Article
      Metroplex shares see frenzied trading in S'pore, KL
      341 9  -  Stock hits price limit in early KLSE trading following news of Subic venture By Paul Leo SINGAPORE Propertybased Metroplex Bhd, which has a stake in a joint venture that won the franchise to set up a casino in the Philippines, drew frenetic
      341 words
    • Article
      Ipco and partner win M$160m deal to build Perak port and industrial estate
      407 9  -  By Genevieve Cua SINGAPORE Homegrown marine engineering group Ipco and its Malaysian partner have clinched a Msl6o million (Ssloo million) concession to build and operate a privatised port facility and industrial estate in Perak. Ipco managing director
      407 words
    • Article, Illustration
      Lock icon Noel's share applications balloted
      197 9 SINGAPORE Noel Gifts International Ltd's public offering was 47 times subscribed when it closed on Tuesday. The home-grown gift and hamper company offered 10.006 million shares at 36 cents each. This represents 25 per cent of its enlarged share capital. Noel said it received 31,106 applicants
      Photo by Arthur Lee  -  197 words
    • Article
      Swens Asia-Pacific posts $ 1.48 m interim net profit
      277 9 Swens Asia-Pacific posts 1.48 m interim net profit SINGAPORE Swens AsiaPacific looks set to beat its 1991-92 full-year result after reporting a net profit of $1.48 million for the six months to December last year. The figure, which is 10.4 per cent higher than the $1.34 million recorded in the
      277 words
    • Article
      Lock icon More KL 2nd board reverse takeovers seen
      279 9 MBT KUALA LUMPUR More backdoor listing exercises via reverse takeover bids can be expected on the second board of the Kuala Lumpur Stock Exchange (KLSE), according to analysts. Investors and punters seem to be all for them. Analysts say prices of the target
      MBT  -  279 words
    • Article
      Hotel Plaza offers highest bid of $38m for Hill St land parcel
      269 9 SINGAPORE Listed Hotel Plaza has put in the highest bid for a hotel and shopping site in Hill Street in the latest land sale by the Urban Redevelopment Authority. Hotel Plaza, which is part of the United Overseas
      269 words
    • Article
      Cycle & Carriage planning two condo projects in Hillview
      277 9  - Cycle Carriage planning two condo projects in Hillview By Sylvia Wong SINGAPORE The Cycle Carriage group plans to build two condominium projects in the Hillview area of Upper Bukit Timah, where the government is encouraging residential property development. Construction of a 71-unit estate will start by the end of this
      277 words
    • Article
      DIVIDENDS ANNOUNCED
      301 9 Pi) meat Ex Books Pay date dose date Avimo 20* F I2.5TE Feb 17 Mar I Apr 15 BAT 21* F 119 Mar 23 Mar 29 Apr 6 Beriaya Group I 4 Mar 18 Apr 2 Apr IS Benaya Ind I 3 Mar 4 Mar 18 Apr 8
      301 words
    • Article, Illustration
      Lock icon SUMMARY
      298 9 Source: Bridge Info Performance ef STll's index stocks Feb 24 Last Sin Mn Stock ulc Chat hctw ■mn (T) Avimo I 980 -0.030 I .*3 -2.54 CAC 7.650 0.350 6.31 29.66 CcretMS 4.940 4.07 FAN 11.500 9.41 GF Asia 3.420 -0.020 2.S2 -1.69 Gen Mag 1120 0.92 Haw Par
      Source: Bridge Info  -  298 words
    • COMPANIES
      • Article
        Shenton Growth Fund to buy HK stocks, sell M'sian holdings
        407 11  -  By Agnes Chen SINGAPORE Laggard unit trust Shenton Growth Fund is undergoing a major overhaul. The seven-year-old Singa-pore-Malaysia equity fund will sell its Malaysian holdings and buy Hongkong stocks. The $17-million fund has lagged behind other unit trusts in performance,
        407 words
      • Article, Illustration
        Lock icon US$150m reason to smile
        58 11 Reuter MANILA Philippine President Fidel Ramos (right) smiling after receiving a cheque from J P Morgan vice-chairman Rodney Wagner (left) at the presidential palace yesterday. J P Morgan managed the country's US$l5O million (***** million) Kurobond float earlier this month, the first in 10 years. At
        Reuter  -  58 words
      • Article
        Lock icon PLDT plans to let business rivals tap into its facilities
        299 11 AFP MANILA The Philippine Long Distance Telephone Co (PLDT) has agreed to allow more companies to interconnect with its facilities, the presidential palace said here yesterday. in a move that would lead to ending PLDTs monopoly. Company president Antonio Cojuangco
        AFP  -  299 words
      • Article
        Firm denies selling shares at premium in tycoons' fight for PAL
        294 11  -  From Al Labita in MANILA A LISTED cargo-handling company bought more shares in Philippine Airlines (PAL) and denied that it sold the shares at a premium to Filipi-no-Chinese tycoon Lucio Tan. International Container Terminal Services Inc's executive vice-president Enrique
        294 words
      • COMPANY BRIEFS
        • Article
          Lock icon Scientex plans three-party resin tie-up
          103 11 Bernama KUALA LUMPUR Scientex Industries Bhd has announced a proposed three-way Msloo million (Ss62 million) venture to produce polyethylene terephthalate resins. It said in a statement that the other parties in the proposed venture are Heavy Industries Corporation of Malaysia Bhd (Hicom) and Nichimen Corporation
          Bernama  -  103 words
        • Article
          Burwill unit to buy out its partner
          121 11 SINGAPORE Listed Burwill Holdings said its whollyowned subsidiary Burwill Industries has agreed to buy its partner's stake in a joint-venture company, Xun Xiang Iron Steel. Under the agreement reached yesterday, Burwill Industries will buy the 49 per cent stake from Chan Kin Hung,
          121 words
        • Article
          Listing of new Amcol shares approved
          28 11 SINGAPORE The Stock Exchange of Singapore has approved the listing and quotation of Amcol Holdings Ltd's proposed bonds, warrants and new shares.
          28 words
        • Article
          Lock icon Larut, Talam buy into HK company
          70 11 Bernama KUALA LUMPUR Larut Consolidated Bhd and Talam Corporation Bhd have bought a 33.5 per cent stake each in a Hongkong company which is expected to expand an existing lottery operations in Jilin province, China, this year. Larut and Talam will hold a combined
          Bernama  -  70 words
        • Article
          S'pura Building Society's profit down
          66 11 SINGAPORE The Singapura Building Society yesterday announced a 26 per cent drop in group pre-tax operating profit to $3.17 million for the half year to Dec 31, 1992. Officials attributed the fall mainly to lower interest income of $292,000. In the previous corresponding period, interest
          66 words
        • Article
          Lock icon Proceeds from Innovest divestment
          107 11 Bernama KUALA LUMPUR Malayan United Manufacturing Bhd (MUMB) has said that the net proceeds from its disposal of 35.788 million ordinary shares in Innovest Bhd were used to reduce bank borrowings. MUMB said in a circular to shareholders that four of its subsidiaries sold the shares
          Bernama  -  107 words
      • Article
        Lock icon China pact may mean windfall for AT&T
        439 12 Memorandum set to pave way for billions of dollars worth of business NYT NEW YORK In a deal that could be worth billions of dollars over the next several years, China has agreed to discuss buying a wide range of equipment from AT&T,
        NYT  -  439 words
      • Article
        Lock icon Shearson to revamp money-losing Taiwan branch
        295 12 Bloomberg Business News TAIPEI Shearson Lehman Brothers, one of the first foreign securities companies to open a branch office in Taiwan, will reorganise its mon-ey-losing operation in the country. A company official said yesterday that the investment firm will essentially downgrade its operation to
        Bloomberg Business News  -  295 words
      • COMPANY BRIEFS
        • Article
          Lock icon Itochu sets up Indon joint venture
          63 12 AFP TOKYO Japan's Itochu Corp has set up a joint venture in Indonesia to produce steel sheets used in making electrical appliances, a spokesman said yesterday. The new venture, capitalised at US$5.B million (559.39 million), will start production this April, and plans to supply
          AFP  -  63 words
        • Article
          Lock icon Bankers Trust Australia's profit up
          58 12 AFP SYDNEY Bankers Trust Australia Ltd (BT) yesterday posted a 26 per cent rise in net profit to a record A 5203.6 million (***** million) for the year to Dec 31. BT's result, up from A$ 160.8 million in 1991. confirmed it as one of
          AFP  -  58 words
        • Article
          Lock icon Engineers JGC win Algerian contract
          72 12 Bloomberg Business News TOKYO Leading plant engineering firm JGC Corp (1963) and top trader Itochu Corp have won a 15 billion yen (SS2IO million) order from Algeria's state-run natural gas producer Sonatrach to refurbish a natural gas processing plant, the Nikkei Sangyo industrial newspaper reported
          Bloomberg Business News  -  72 words
        • Article
          Lock icon Mitsubishi Paper's erasable product
          60 12 Bloomberg Business News TOKYO Mitsubishi Paper Mills Ltd has developed paper for use with thermal transfer printers that can be erased and re-used, the Nikkei Sangyo industrial newspaper reported yesterday. Thermal transfer printing is commonly used to print letters and images in home facsimile machines, as
          Bloomberg Business News  -  60 words
      • Article, Illustration
        Lock icon Goggle-eyed
        52 12 Reuter FRANKFURT Perhaps this German share trader wanted to make sure he didn't miss any of the fun when he put on his costume. Certainly, his clients must have been reassured by his added visual powers. The costume was part of the carnival celebrations of Frankfurt's bourse on Feb
        Reuter  -  52 words
      • Article
        Lock icon Matsushita's new president to take long-term approach
        299 12 Reuter TOKYO Matsushita Electric Industrial Co Ltd's new president Yoichi Morishita says he faces a difficult challenge and that his sales background means he would hear "the voice of the consumers". "I want to take a long-term approach," Mr Morishita said at a
        Reuter  -  299 words
      • Article
        Lock icon AT&T to form joint ventures with Taiwan
        206 12 Bloomberg Business News TAIPEI Just one day after signing a broad cooperation agreement with the Chinese authorities in Beijing. US telecommunications giant American Telephone Telegraph Co (AT&T) yesterday signed a far-reaching accord with their political rivals in Taipei. The accord calls for the
        Bloomberg Business News  -  206 words
      • Article
        Lock icon Shanghai firm proposes 4-for-10 bonus
        128 12 South China Morning Post HONGKONG Shanghai Erfangji Co, which just changed its name from Shanghai No 2 Textile Machinery, has recommended a generous four-for-10 bonus share issue after earnings rose sharply last year. The Shanghai-listed firm said after-tax profit totalled 114.69 million yuan (SS34 million)
        South China Morning Post  -  128 words
      • Article
        BAe's '92 results show importance of Taiwan tie-up
        316 12  -  From Ray Heath in LONDON JUST how vital last year's linkup with Taiwan Aerospace Corporation (TAC) was for British Aerospace was underlined yesterday when the UK group disclosed its results for 1992. The group, which manufactures civil and military aircraft defence equipment
        316 words
      • Article, Illustration
        Lock icon Packer picks American businessman as new MD
        176 12 AFP SYDNEY Australia's richest man. Kerry Packer, yesterday named US businessman Brian Powers as his new lieutenant following the surprise resignation of A 1 Dunlap as managing director of Consolidated Press Holdings Ltd (CPH). Mr Powers, 43, a general partner of San Francisco
        AFP  -  176 words
    • FINANCE
      • Article
        Asean Fund lowers exposure to Singapore stocks
        370 13  -  Regional capital venture firm raises its investment in other Asean nations By Soh Tiang Keng SINGAPORE The Asean Fund, a regional capital venture firm, last year reduced its exposure to Singapore and boosted its investments in other Asean nations, particularly Thailand. The Fund,
        370 words
      • Article, Illustration
        Digital and Commerzbank sign $1m data-backup, disaster recovery deal
        331 13  -  By Moiz Tyebally SINGAPORE US-based Digital Equipment Corporation will provide Commerzbank's regional data centre in Singapore with a data backup and disaster recovery service for $1 million. Digital and Commerzbank, Germany's third largest bank, signed the contract for the service yesterday.
        331 words
      • Article
        Lock icon Hopes recede for full float of Indian rupee
        597 13 Reuter BOMBAY Hopes in foreign exchange markets of a full float of the Indian rupee have receded, with dealers now expecting the government to opt for a less risky adjustment in the country's two-tier currency system. "The fundamentals do not encourage full
        Reuter  -  597 words
      • SMALL CHANGE
        • Article, Illustration
          Lock icon Taiwan finance minister to step down
          79 13 Reuter lAIPEI Taiwan's Finance Minister Pai Pei-ying said yesterday that he would not remain in office after a Cabinet reshuffle later this week. Mr Pai, 62. became finance minister in October after his predecessor Wang Chien-shien resigned in a dispute over controversial tax reforms
          Reuter  -  79 words
        • Article
          Lock icon BOT plans to open London branch
          72 13 AFP BANGKOK The Bank of Thailand (BOT) plans to open a branch office in London by the end of the year, a bank official said yesterday. The offlce in Britain will monitor foreign currency movements and may become a training centre for bank personnel.
          AFP  -  72 words
        • Article
          Lock icon NatWest Aussie unit posts profit
          61 13 Reuter SYDNEY Nat West Australia Bank, a unit of National Westminster Bank pic, said yesterday that it had posted a pre-tax profit of A 554.3 million (5559.7 million) for calendar 1992, compared with a loss of AS 103 million in 1991. Nat West said restructuring
          Reuter  -  61 words
        • Article
          Lock icon Good demand for Hungary bond
          61 13 Reuter FRANKFURT Lead-manager Deutsche Bank AG said that a one-billion mark (SSI billion) seven-year Eurobond for the National Bank of Hungary launched yesterday and aimed mainly at retail investors, was selling well. At current market prices, it is offering a yield premium of some 300
          Reuter  -  61 words
        • Article
          Lock icon Fuji Bank cuts bonuses
          62 13 AFP TOKYO Japan's Fuji Bank said yesterday that it had cut back winter bonus payments last year for its managerial staff to cope with worsening business conditions. Fuji, Japan's fourth biggest commercial bank in terms of fund volume, cut semi-annual bonuses for 1,200 employees, from managers
          AFP  -  62 words
        • Article
          Lock icon Milken says he has prostate cancer
          87 13 Reuter LOS ANGELES Former junk-bond financier Michael Milken, freed from jail last month, disclosed on Tuesday that he has cancer of the prostate. Milken, 45, who came to embody the Wall Street excesses of the 1980s, said in a statement that the cancer was
          Reuter  -  87 words
        • Article
          Lock icon Argentina to issue US$20b in bonds
          77 13 AP NEW YORK Argentina plans to repay its foreign commercial bank creditors by issuing US$2O billion (Ss32 billion) in bonds on April 7, Argentina and the head of the creditors' committee said yesterday. The deal closes a chapter in Latin America's debt crisis. Argentina
          AP  -  77 words
      • Article
        Lock icon UK merchant bank issues warrants on 30m China Light shares
        186 13 Bloomberg Business News HONGKONG Robert Fleming Co is issuing twoyear covered call warrants on 30 million shares in Hongkong electricity utility China Light Power. The British merchant bank said yesterday that the warrants are being issued at a price of
        Bloomberg Business News  -  186 words
      • Article
        Lock icon 2 Aussie dealers guilty of fraud, ordered to pay A$4.7m damages
        341 13 AFP SYDNEY A Supreme Court judge yesterday convicted two foreign exchange dealers of fraud and ordered them to pay A 54.7 million (SSS.I million) in damages to electronics group AWA Ltd. Judge Andrew Rogers found Andrew Koval. AWA's former
        AFP  -  341 words
      • Article
        Lock icon HK official confident that China will back colony's debt market
        406 13 Bloom berg Business News HONGKONG The head of the future Hongkong Monetary Authority says he is confident that China will back his efforts to promote the development of the territory's debt market. "They (China) want Hongkong to develop as a
        Bloom berg Business News  -  406 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Commonwealth Bank making good progress on merger
        484 14 State Bank of Victoria operations being integrated Bloomberg Business News SYDNEY Commonwealth Bank of Australia, which is 70 per cent owned by the federal government, said yesterday it is on track to fully integrate the State Bank of Vietoria into its operations by
        Bloomberg Business News  -  484 words
      • Article
        Lock icon Clinton set to fight credit crunch
        231 14 Reuter WASHINGTON President Bill Clinton and Federal Reserve Board chairman Alan Greenspan are preparing to change the priorities of federal bank regulation to break the back of the credit crunch, the Washington Post reported on Tuesday. The newspaper quoted sources as saying the strategy
        Reuter  -  231 words
      • Article
        Crude prices up despite lower inventories
        432 14 Bloomberg ENERGY REPORT LONDON Oil futures prices in London and New York rose yesterday even though the latest industry report showed a drop in US crude oil and distillate inventories, brokers said. Because the US is the world's biggest energy consumer, changes in domestic
        432 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        145 14 It was an uneventful and quiet day in the regional currencies yesterday. The market was little affected by the volatility in the dollar/yen. Against the Singapore dollar, the US dollar opened at 1.6407/12 and drifted down in slow trading to a day's low of 1.6395.
        145 words
      • Article
        Lock icon London
        192 14 AFP LONDON The dollar's current weakness against the German mark sent the pound sterling and Italian lira to historic lows in trading here yesterday with the Bank of Spain intervening to prop up the Spanish peseta. The dollar rose fractionally against the mark in trading yesterday, but not enough
        AFP  -  192 words
      • Article
        Lock icon New York
        96 14 AFP NEW YORK The dollar was mixed against major currencies in a calm market in New York early yesterday, while the price of gold fell. At about 9:30 am (1430 GMT), the dollar was trading at 1.6206 German marks, down from 1.6230 late on Tuesday, and at 116.88
        AFP  -  96 words
      • Article, Illustration
        Untitled
        1522 14 I weighted index caAulaled again \t Spore i top 14 trading partners tef )wr HMS US$/S$ forward rates Noon Feb 24 ss Bid Offer 1-month 1.6381 1.63% 2-month 1.6369 1 6384 3-month I.63S9 1.6374 6-month 1.6328 1.6348 Source: OCBC FOREIGN CURRENCY NOTE RATES As «t 1 Oam j55j Singapore dollars
        1,522 words
    • COMMODITIES
      • Article, Illustration
        Lock icon S'pore refiners may benefit from US military fuel switch
        420 15 Reuter SINGAPORE The US military's switch to kerosene-based jet fuel, JP-8, may alter traditional supply sources in Asia when purchase tenders are issued starting in mid-1993, delegates at an aviation conference said. The US Defence Fuel Supply Centre (DFSC), which handles
        Reuter  -  420 words
      • Article
        Lock icon Zinc miners could face shutdowns: industry executive
        348 15 Reuter SCOTTSDALE, Arizona The zinc-mining industry could face "wholesale shutdowns" if prices continue to languish below 50 cents a lb, says Huw Roberts, director of metal services for Brook Hunt and Associates, a British-based metals research company. Speaking at the 1993 International Zinc
        Reuter  -  348 words
      • Article
        Lock icon Russia and Ukraine to discuss gas dispute
        412 15 Reuter KIEV The Russian and Ukrainian prime ministers are to meet tomorrow to discuss payment problems that risk disrupting gas supplies from Russia, the press service of the Ukrainian government said on Tuesday. The head of the Russian state gas industry monopoly Gazprom
        Reuter  -  412 words
      • Article
        Lock icon Australia seen as capital source for Argentine metal sector
        184 15 Knight-Ridder BUENOS AIRES Argentina views Australia as a prime source of private-investment capital for development of its metal and mineral sectors, Argentine Mining Secretary Angel Maza said on Tuesday. Mr Maza will visit Australia Feb 26 through Mar 10 in an
        Knight-Ridder  -  184 words
      • Article
        Lock icon Petronas keen on onshore China oil
        230 15 Reuter KUALA LUMPUR Malaysian state oil firm Petronas, casting around for overseas ventures, said yesterday it would study prospects for onshore oil exploration in China when bidding opens in March. "We are interested in exploring for oil in China and would study prospects there
        Reuter  -  230 words
      • Article
        Lock icon Copper oversupply seen at 100,000 tonnes
        481 15 Knight-Ridder TOKYO Japan's Sumitomo Corp forecasts that worldwide copper supply will exceed demand by 100,000 to 110,000 tonnes this year, up from last year's estimated 50,000-tonne surplus, the trade house's copper section said. On the supply side, significant production increases are expected in the
        Knight-Ridder  -  481 words
      • Article
        Lock icon Exxon may sell its Chilean copper plant
        344 15 Knight-Ridder SANTIAGO Exxon Corp may be considering the sale of Compania Minera Disputada de Las Condes, its 180,000-tonne-per-year copper mining and smelting operations in Chile, according to senior mining industry officials. A spokesman for Exxon Minerals in Houston declined to comment saying it
        Knight-Ridder  -  344 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars consolidate in mid-session
        1460 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures opened steady to marginally firmer in consolidative range-bound trade yesterday. Sentiment continues to favour the bulls, dealers said, backed by spiralling bond prices, a softer US dollar and renewed talk of a US rate cut. "The trend
        Reuter  -  1,460 words
      • Article
        KL tin price keeps in step with LME to end 10 sen lower
        1009 16 COMMODITIES REPORT Tin THE price of tin finished 10 sen lower to close at MS 14.79 per kg on the Kuala Lumpur Tin Market yesterday in line with the US$l3 drop on the overnight London Metal Exchange.
        1,009 words
      • Article
        COMMODITY PRICES
        1658 16 Rubber Feb 24 HAS 0— odtty Ixcku *<Mi ra cM ■f as at I pa) HAS (physical prim) RSS 1 Contract (S cents/kg) Buyers Mm Close Volume Open As at 12 Baas (S cents/kg) Month High Low Sett (tonnes) Interest RSS 2 Mar 93 139 50 I 40.50N
        1,658 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1091 17 -3.4 Shares closed around their lows alter a string of poor first half profit results sapped enthusiasm to tight the drag from weak overseas markets. "The results were not particularly good, there are no major positives there," a broker said. Chief among these were Vfayne Nickless, which tumbled 22
        1,091 words
      • Article
        Manila
        575 17 +7.54 Share prices bucked late profittaking to close firmer, reflecting the market's strength, but analysts said a correction was inevitable. The stock exchanges will be closed today. Freedom Day, which has been declared a national holiday. The Manila Composite Index rose 7.54 points at 1.482.46. "The market is a
        575 words
      • Article
        Taipei
        562 17 -21.99 Stocks reversed early gams to end lower on heavy profit-tak-ing as the market consolidated after its big rise earlier this month. The Weighted Index closed 21.99 points down at 4.049.50. Turnover fell to NT542.7 billion from Tuesday's NT555.2 billion. Parliament confirmed Lien Chan as premier just after the
        562 words
      • Article
        Seoul
        419 17 -3.81 The stock market ended a session of weak trade slightly lower in what brokers described as a technical adjustment following a two-day run-up. They said pessimistic prospects for a quick economic recovery would deepen the period of correction, although some expected a slight gain today. The Composite Stock
        419 words
      • Article
        New Zealand
        320 17 -9.36 Stocks closed mixed as investors continued to focus on earnings reports in the absence of any offshore developments, traders said. The Top 40 Index was down 9.36 points at 1.571.18. Brokers said trading was quiet. A broker said he expects the market to maintain its current lacklustre
        320 words
      • Article
        Bombay
        78 17 +29.92 Stock prices rose as hopes for a pro-liberalisation Budget added to optimism spurred by an annual government economic survey which said reforms were beginning to pay off and inflation had been contained. The economic survey, released on Tuesday, fuelled optimism that the Budget, to be presented on Saturday,
        78 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        588 17 Vienna Keb23 Wh 77\k(i Holding 1010 uiKh ftmk \u-tnj 1P1 4«) -2 t \ll«nnlP) :*MI <0 Junchun/I l»>W5 Lrn/inf 5<»» IS loUm 2*1 1 < IcMcri Biau 5*4 4 Vmprfrt I J* It Slew :i2 -4 \ritxhrr 259 -2 Source: Bank Austria Nasdaq teb Zi I s$ \dolph oors Bre*
        588 words
      • Article
        London
        779 17 Equities ended a session of listless trading with few factors influencing the market yesterday except speculation about a large company rights issue todav. The FTSE-100 Index closed 1.0 point lower at 2,817.0 on turnover of 589.3 million shares by 1630 GMT. Dealers said anticipation of a £1 billion cash
        779 words
      • Article
        Paris
        150 17 +9.26 French stocks gained 0.5 per cent yesterday as the francrecovered against the deutschemark and rising prices on Wall Street buoyed confidence in Paris, traders said. The CAC-40 index of blue chip stocks gained 9.26 points to close at 1,953.39. The index had been down as much as 17
        150 words
      • Article
        Stockholm
        117 17 -1.16 pc Banks which have taken such a beating of late rose strongly against the trend, as investors reassessed Svenska Handelsbanken's annual results and found positive signs. The general index finished lower by 1.16 per cent at 972.69 in high turnover of one billion crowns. Handelsbanken rose 11 to
        117 words
      • Article
        Zurich
        223 17 +4.7 Swiss shares were firmer as the recovery in recently weaker chemicals led the market up yesterday. The all-share SPI index firmed 4.7 points to 1.266.8. Dealers said shares in chemicals were seen as relatively cheap at current prices as many investors think their recent sharp drop was exaggerated.
        223 words
      • Article
        Frankfurt
        217 17 -lpc Cierman shares posted I per cent losses for a second day running as the market continued to consolidate after making steady gains for most of this month. With little fresh corporate news around, a downturn on the bund futures market gave the bourse much of its direction yesterday,
        217 words
      • Article
        Brussels
        140 17 -3.88 Belgian shares closed 0.32 per cent lower in quiet trade with losers largely outnumbering gainers yesterday. The Bel-20 Index of leading shares closed 3.88 points lower at 1.206.38 with around 1.1 billion francs worth of Belgian shares traded. Delhaize dipped 0.2 per cent to 1,146 francs with a
        140 words
      • Article
        Milan
        137 17 -0.09 pc Most shares made limited losses as rallies for Fiat and Montedison help offset worries over a chronically weak lira and the future of Prime Minister Giuliano Amato's government. Focus was on today's confidence vote in parliament and although few expected Mr Amato to be defeated, they said
        137 words
      • Article
        Amsterdam
        279 17 -0.21 Shares ended a featureless session mixed yesterday, with the index down but off its worst as a positive tone in New York combined with a light dollar uptick to lift prices, dealers said. The EOE Index ended down 0.21 at 302.57. Royal Dutch and Unilever booked wide price
        279 words
      • Article
        Johannesburg
        312 17 -1 South African gold shares posted afternoon gains as investors took heart from a steady gold price and continued foreign interest yesterday, dealers said. Expectations were for continued strength in gold shares on the back of foreign interest, while other sectors were seen being led by De Beers, which
        312 words
      • Article
        Toronto
        338 17 +5.11 Toronto stocks were firm yesterday but off earlier highs touched after news that Prime Minister Brian Mulroney will resign. Weakness in the Canadian dollar and fears of rising rates dragged down Canadian banking shares while gains on Wall Street and in gold shares buoyed trade. The TSE-300 Index
        338 words
      • Article
        New York
        788 17 •19.72 Wall Street rose yesterday morning as interest rates on the US bond markets remained low. At II am <1600 GMT), the Dow Jones Industrial Index was up 18.89 points at 3.342.16. Trading was heavy with 86 million shares changing hands. On Tuesday, blue-chip stocks fell prey to
        788 words
    • Article, Illustration
      Lock icon HONGKONG
      2975 18 Reuter SHARE prices reversed steep early losses to finish higher, as bargain hunters moved into the market, encouraged by a jump in index futures, brokers said. The market closed the morning session with a gain of 11.32 points on bargain hunting. Late buying sentiment sent the index higher. The
      Reuter; Source: Bridge Info  -  2,975 words
    • Article, Illustration
      CHINA
      445 18 PROFIT-taking continued in the Shanghai A market yesterday, with the Shanghai A Index plunging 709.75 points to 8,307.75. The foreign shares remained active yesterday with a turnover of US$7.Bl million. The Shanghai B Index notched up 4.78 points to close at 1,175.33. Vacuum, down 3 per cent, and Wing
      445 words
    • Article, Illustration
      Lock icon TOKYO
      2541 18 Reuter STOCKS ended lower in directionless trade. Investors were relieved as the yen took a breather after recent gains, but remained wary about fresh buying, brokers said. Finance Minister Yoshiro Hayashi said another discount rate cut could not be ruled out but there was little reaction. "The Finance Minister's
      Reuter; Source: Bridge Info  -  2,541 words
    • Article, Illustration
      Lock icon BANGKOK
      1745 18 Reuter BANKS, finance and securities firms led a 1.38 per cent gain in a technical rebound after heavy losses last week, brokers said. But they added they were not cheered by the day's thin trade. The SET index rose 13.04 points to close at 959.12 on turnover of 3.61
      Reuter; Source: Bridge Info  -  1,745 words
    • Article, Illustration
      Lock icon JAKARTA
      862 18 Reuter STOCKS closed mixed in active trade that saw hanks attracting attention, brokers said. Bank Internasional Indonesia shot up 100 rupiah to 3.550 on turnover of 487.500 shares and Lippo rose 50 to 2.825 on 219.000 shares traded. Panin Bank was unchanged at 1.300 on 331.000 shares traded. Outside
      Reuter; Source: Bridge Info  -  862 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2435 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume MctropJcx 50c 6i.277.000 MenangCorp I4.OWi.000 Piumet 'JJ' ldrts H>d 50c Asia Pac Ld 50c $.625,000 Rcnong Bhd 50c 5 CilLUSJO.IO 4 3W *Jf Mulpha Intl 50c ■*-°05.00<) Bedford 50c 5? Fabcr Group (iencral Corp 2 it? !?K Multi-Purpose landmarks
      Source: Bridge Info  -  2,435 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Share prices firmer in fresh buying
        4962 19 Bernama KUALA LUMPUR Fresh buying led share prices here to close firmer in heavy trading yesterday. Interest, however, was again focused on lower liners and situational stocks. The KLSE Composite Index ended 1.94 points higher at 634.22, the Industrial Index rose 4.46 points to
        Bernama; Source: Bridge Info  -  4,962 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Index hits record high again ahead of Budget
        1084 20  -  By Paul Leo SINGAPORE The benchmark Straits Times Industrials Index closed 16.32 points higher at a record 1,677.64, boosted by favourable economic data and expectations of a pro-business budget to be released tomorrow. It was the second consecutive record close for the
        SOURCE: BRIDGE INFO; Source: Bridge Info  -  1,084 words
      • Article
        Overseas Union Ent
        66 20  -  Quak Hiang Whai OVERSEAS Union Enterprise is sitting nicely on short-term support at $6.70. Daily, weekly and monthly RSIs are turning towards 25, indicating a slightly oversold situation. The stock should correct upwards but is trapped in a band between $6.70 and $7.10. If it breaks out
        66 words
      • Article
        Untitled
        5710 20 I MAW BOARD i 1992/93 Last Vol D«> Last <?■■* W» Dl» YM Net M Cm Hitb L»» Safe COM) High Low Seller Or P/E imH INDUSTRIAL AND COMMERCIAL 344 170 Acma 334 -4 625 342 326 332 342 12.2 2.1 3.7 19 3 206 3 202 5- 153 s
        5,710 words
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      129 words
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      144 words
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      26 13 For Horn* or Offlco deliveries of: Straits Times, Sunday Times, Business Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min, LianHe Wanßao call our Hotline 1800-749-2577.
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      Page 13 Advertisements Column 2
      124 13 ii Factoring Improved Cash Flow For a company to grow, you need Factors, your business could gain car* of on your behalf. funds as woll as imagination. a frosh impetus for growth. Like Today, wo are Singapore's largest Especially if you're on SME into the getting immediate cash advances factoring
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  • Page 14 Advertisements
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      333 14 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF APPLIED MOTION PRODUCTS (S) PTE LTD At an Extraordinary General Meeting of the Company held on 19 February 1993 the following resolutions were passed SPECIAL RESOLUTION WINDING-UP
      333 words
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      Page 14 Advertisements Column 2
      140 14 UNITED OVERSEAS LAND LIMITED (Incorporated in Singapore) LOST CERTIFICATES The undermentioned certificates have been reported lost, mislaid or destroyed Certificate No. In the name ol No. of Stocks *****54 2 Poon Lye Yock I*l,ooo *****20-9 Poon Lye Yock 1 x 200 *****40-2 Poon Lye Yock 1x 600 *****55 9 Goh
      140 words
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      Page 14 Advertisements Column 3
      16 14 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... Appointments or Notices, call toll-free 1-800 737 0043
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      134 15 Frankfurt 4 times weekly, jpr JKBBSHBBJttt MT Fly with Emirates to Frankfurt four commissioned for Emirates times a week. passengers. Emirates is the world's fastest growing airline. All this, when combined All our brand new Airbus aircraft are superbly with our award winning BE designed, with fewer seats than the
      134 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      349 16 COLLIER CONSTRUCTIONS PTY. LTD. We are extending property Investment Opportunities to S.E^sia. 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.734
      349 words
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      Page 16 Advertisements Column 2
      19 16 As and when the latest London/Rotterdam prices are not available, the previous trading day's closing figures are carried instead
      19 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      22 17 —————i—— 1 I I Hi Soon-to-be-registered company of the Association of Accredited Advertising Agents Read all about it in ADVERTISING MARKETING tomorrow
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      24 18 Johnston Murphy® A heritage of excellence since 1850 p !set an Have lock Isetan Orchard Robinson Galeries Lafayette Lumpur Isetan Jakarta: SOGO Dept. Store
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  • Page 19 Advertisements
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      74 19 A Timely Investment. Sole Agent: DICKSON WATCH JEWELLERY (S) PTE LTD Mml (A wholly owned subsidiary of DICKSON CONCEPTS LTD) A^B)*Mr HERMES Jh A Arf Jl m A A U DICKSON WATCH JEWELLERY: THE PROMENADE 300 Orchard Road #01 -03 Singapore 0923 Te< *****00 x CENTREPOINT -176 Orchard Road #01-05/06
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      57 20 r mmm mmmmmmmmmmmmmmmmmmmmmmmmmi CALL MILANO'S HOT DELIVERY HOTLINE NOW! I 468-2222 i I for mouth-watering Italian pasta, pizza, BBQ ribs, salads and more! Office/Home Delivery Hours: Daily from 11.00 am onwards (including Public Holidays). I FREE delivery for a minimum order of 10.00 $3.00 surcharge for delivery after 11.00 pm.
      57 words
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  • SPORTS
    • Article, Illustration
      Why S'pore Open joined Australasian Tour
      646 21  -  Golf By Shahiron Sahari SINGAPORE Australia's Greg Norman greeted tournament officials at the Johnnie Walker Classic in Singapore three weeks ago with a sarcastic: "Hi, welcome to Europe.'' The Great White Shark was, of course, referring to the third leg of the European Tour
      646 words
    • Article, Illustration
      Turkish basketball team jubilant after close win
      63 21 ISTANBUL Players of Turkey's Efes Pilsen celebrating their victory over Israel's Hapoel Galil Elion on Tuesday, after they won 65-62 in the semi-final of the European Clubs' Basketball Cup. Efes Pilsen will play the final match in Torino, Italy, on March 16 against
      63 words
    • Article
      Lock icon Austin set for successful comeback
      845 21  -  Will the 30-year-old succeed where Borg has failed? Tom Friend reports Tom Friend NYT INDIAN WELLS, California All Tracy Austin had to do was rummage through her mum and dad's attic. Next to her Bee Gees albums are her wooden Jack Kramer-Auto-graph racquets. "Still got
      NYT  -  845 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        289 21 AP Reuter NEW YORK Results of National Basketball Association games played Tuesday: Phoenix Suns 105 San Antonio Spurs 103; Houston Rockets 105 Utah Jazz 78; Orlando Magic 125 Portland Trail Blazers 107; Chicago Bulls 99 Milwaukee Bucks 95; New York Knicks 95 Minnesota Timberwolves 91; Cleveland Cavaliers 102 Miami
        AP; Reuter  -  289 words
      • Article, Illustration
        Lock icon Ice hockey
        55 21 Reuter NEW YORK Results of National Hockey league names plaved on Tuesday: New Jersey Devils 3 Pittsburgh Penguins I; Washington Capitals 4 New York Islanders 2; Quebec Nordiques 6 Edmonton Oilers 3; Winnipeg Jets 8 Ottawa Senators 2; Montreal Canadiens 5 St I-ouis Blues 1; Calgary Flames 6
        Reuter  -  55 words
      • Article, Illustration
        Lock icon Tennis
        362 21 AFP AFP AFP AFP INDIAN WELLS, California Tuesday's results in the L' *****,000 Evert Cup women's tournament (US unless stated). Ist rd: Dinky Van Rensburg (SA) b Cammy McGregor 6-2, 6-3; Rene Simpson-Alter b Nicole London 7-6 (7/4). 6-4; Clare Wood (GB) b Rosalyn Fairbank-Niddefer 4-6. 6-2. 6-1; Helena
        AFP  -  362 words
    • Article
      Lock icon Senior meets Hughes again in Canon Challenge
      284 21 AP SYDNEY Bradley Hughes and Peter Senior will continue their duel in the U*****,000 (*****,000) Canon Challenge golf championship, which begins today at Castle Hill Country Club. Hughes defeated Senior in a play-oft to decide the Australian Masters title last week at Huntingdale.
      AP  -  284 words
    • SIDE LINES
      • Article
        Lock icon Fowl handicap at Dallas course
        80 21 AP PLANO. Texas Golfers at the Los Rios Country Club are facing a fowl handicap on the seventh hole a family of Canada geese. "It's a par 4, but with the goose factor they should give you an extra stroke," golfer Lynn Perry said with
        AP  -  80 words
      • Article
        Lock icon Montgomerie fined for Morocco attack
        91 21 AFP LONDON Ryder Cup star Colin Montgomerie was fined £1.000 (552,400) on Tuesday and ordered to improve his conduct by European Tour chief Ken Schofield after criticising last week's Morocco Open. The 29-year-old Scot branded the pin positions "ridiculous" and described the event as "a
        AFP  -  91 words
      • Article, Illustration
        Lock icon Ali in Beijing for boxing promotion
        47 21 Reuter BEIJING Former world heavyweight boxing champion Muhammad Ali, upon arrival at Beijing airport on Tuesday, autographing a boxing glove for a Chinese fan. He is in China to promote the first world boxing championship fights to be held there. Reuter
        Reuter  -  47 words
      • Article
        Lock icon Chinese teams' Taiwan visit stopped
        96 21 AP HONGKONG Politics clashed with sports yesterday when two all-star basketball teams from China were prevented from making a historic trip to Taiwan because one team official is a Communist Party member. The Liaoning men's team, China's current champion, and the Hebei women's team, the
        AP  -  96 words
      • Article
        Lock icon England's cricketers face press wrath
        59 21 Reuter LONDON The wrath of the sporting press fell on England's hapless cricketers yesterday after the 3-0 series defeat by India, one of their worst ever humiliations. The tabloid Sun, leading the way with the headline "Bombay potatoes", carries an unflattering picture of captain Graham
        Reuter  -  59 words
  • Page 21 Advertisements
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      340 21 THE PRE-RENOVATION SALE AT LIANG COURT ONLY! So you want great golf bargains? At world ofgolfatwarehouseprices. Top brands Pan-West, you can. Our Liang Court branch like Honma, Lynx, MacGregor, Titleist, Laura is having a pre-renovation sale and we are Legrance, Arcadia and other quality makes offering up some famous names
      340 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      871 22 Nothing Beats A Bud, HHjVfl where t wm > ,me an entertain OF "HiWftu iTrn OUR FAMOUS LOCAL |P FOOD BUFFET IS BACK E£ at only $1 3.80++ m j Remember all our delicious local food? Favourites like barbecued chicken wings, sweet sour pork, chai tow kuay, mutton curry, muah
      871 words
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      Page 22 Advertisements Column 2
      282 22 4 0j;£ fA'J. Treat yourself to mouth-watering Ci Local Food at Cafe Excelsior. Choose from an array of local favourites like kambing soup, laksa, mee goreng, rou gu cha, Hokkien mee, chao guo tiao, >> carrot cake, nasi lemak, chicken rice, rojak, bubor cha cha Ground Level WBExcefiior Hotel 5
      282 words
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  • LIFESTYLE
    • Article, Illustration
      Limelight on Asia in S'pore film fest
      622 23  -  New award by international film body will boost festival strength. Audrey Tan reports Audrey Tan ASIAN films are getting more recognition this year from the Singapore International Film Festival (SIFF), with the introduction of an international award that will give more weight to
      622 words
    • Article
      Grammys face mid-life crisis
      256 23 THE realisation that this year's top Grammy nominee is a graybeard rocker older than the President of the United States makes Garry Shandling's head spin. "It's very odd to see the music of my generation become mainstream. 1 don't think this is the year of the
      256 words
    • Article, Illustration
      Silence of the Lambs' Anthony Hopkins knighted
      435 23 CHATTERBOX ANTHONY Hopkins went to Buckingham Palace on Tuesday to receive his knighthood from Queen Elizabeth 11. Sir Anthony, who won an Oscar last year for his portrayal of Hannibal Lecter in The Silence of the Lambs, was award--ed the knighthood in the
      435 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      39 23 The image Booster seeks the right media and the right company. Appointment Notices gives you great leads. APPOINTMENTS/NOTICES THE STRAITS TIMES THE SUNDAY TIMES BUSINESS TIMES THE NEW PARE* UANHE ZAOftAO UANHE WANBAO SHtNMIN OAJIY NEWS BEKfTA HABIAN BEWTAMINGOU
      39 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1141 23 TV RADIO The Grammy fjj*.^ Awards 1993, 8.55 am, SBC 5, Eric Clapton, leading the rolls i may sweep the top categories can U2, Celine Dion, Vanessa Williams Lennox a for Sightings: jXjfijCl SBC 5 Roaming monsters fearsome sea serpents: Legends of these creatures con- Jjgjfry to gain credence. Tim
      1,141 words
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  • INNOVATION & TECHNOLOGY
    • IN TAKES
      • Article
        Lock icon A degree in scent and sensibility
        106 24 AFP LONDON The University of Plymouth in southern England is to offer a four-year study degree in perfumery which will cover the full range of olfactory sciences. Students will need a nose for "odour vocabulary" and must be able to discuss such concepts as
        AFP  -  106 words
      • Article
        Lock icon India plans to double R&D spending
        57 24 UPI NEW DELHI India will work to more than double its spending on research and development within the next seven years, according to a policy plan unveiled last Sunday. The proposed new technology policy also calls for doubling the number of scientists and technocrats
        UPI  -  57 words
      • Article
        Lock icon Supply craft docks with Russian space station
        76 24 Reuter MOSCOW An unmanned supply craft docked with the orbiting Russian space station Mir overnight, bringing supplies to two cosmonauts on board, Itar-Tass news agency said yesterday. Gennady Manakov, 42, and Alexander Poleshchuk, 39, have been on board the seven-year-old space station since
        Reuter  -  76 words
    • Article, Illustration
      Lock icon Cool idea for reefers
      616 24  -  Seacold Technologies isn't at all fuzzy about its current R&D project: to install fuzzy logic in its refrigerated containers. Helen Ching finds out what it is all about Helen Ching Remember the rash of fuzzy washing machines and fuzzy vacuum cleaners produced by the Japanese when
      Picture by Chris Loh  -  616 words
    • Article, Illustration
      Lock icon A vision of things to come
      682 24 Reuter MEET CAIR-2, the allseeing, decision-mak-ing robot to be introduced to the world at a technology festival at Expo 93 in South Korea later this year. Or, more accurately, it could be CAIR-2 that makes most of the introductions at the expo from Aug
      Reuter  -  682 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      132 24 has &rr-r rv.t i ttxjm.i.i trrnTrn-nTrn iTrmTmmmu. m Its the 111 Pazyryk M Pre-removal ttfl i2»Hy #1 Qoip. ill ill! ||:W |p:|! 26-28 February 1993 jgjpl A sale of the finest carpets, rugs and ijjJpß kilims direct from Persia. A sale to show our J]|B »M appreciation for your support.
      132 words
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      Page 24 Advertisements Column 2
      101 24 Rare Chinese Hardwood Furniture Classic Elegance Of Lasting Values Us~?T\ Owing to its unique characteristics. classic design and meticulous ((if craftsmanship, Chinese Hardwood Furniture of quality has become treasured Yl Yk >L cotactors' items and much desired adornment in 1) J) As specialists, we maintain a collection of fine Chinese
      101 words
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  • THE LAW PAGE
    • Article, Illustration
      Who pays when an error in payment is made?
      932 25  -  Ramesh Divyanathan on whether one can recover excess money paid out by mistake Ramesh Divyanathan EVERYONE makes mistakes. And when someone overpays for a bill or debt, the person has the right to claim the excess money back. While this may
      932 words
    • Article, Illustration
      Quick access to High Court proceedings
      370 25 AT THE Technology seems to be catching up with our courts. Thanks to sophisticated tape recorders, faster hearings are possible. Lawyers engaged in civil cases in the High Court can now opt for tape recordings of the proceedings, rather than the service provided by
      370 words
    • Article
      Plea by Law Society to retain premises
      233 25  -  By Conrad Raj THE Law Society still hopes to retain its premises the Bar room and the space occupied by the society's criminal legal aid scheme at the Subordinate Courts in Havelock Road. Society president Peter Low said he had spoken with Chief
      233 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      636 25 10-11 May 1993, The Mandarin, Singapore New Strategies, Developments, Improved Cost Management For The Healthcare Industries In Asia All medical institutions are now facsd with grsatsr accountability for propsr uss of squipmsnt.drugs and patiant cara with changing haalthcara naada, axpactationa and incraaaing malpractica ragulation. Managamant of hoapitala hava takan on
      636 words
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      Page 25 Advertisements Column 2
      285 25 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FAIRDON BEARINGS INDUSTRY PTE LTD (Incorporated In the Republic of Singapore) At an Extraordinary General Meeting of Members of Fairdon Bearings Industry Pie Ltd duly convened and
      285 words
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      Page 25 Advertisements Column 3
      336 25 M THE MATTER OF THECOMPAMES ACT, CHAPTER SO JSW (PTE) LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on 16 Feb 1993 the following resolutions were duly 1 wnti resolution —me That the Company be wound up voluntarily pursuant to Section 290(1
      336 words
    • Advertisement
      Page 25 Advertisements Column 4
      214 25 LOST SHARE CERTIFICATES The following Share certificate*/ together with the relevant signed transfer deeds have been reported lost or destroyed:CHEMICAL INDUSTRIES (FAR EAST) LIMITED Certificate No. In the name of No. of Shares *****42 Henry S H Oh 1 x 1000 deceased *****15 —do— Ixlooo *****33 —do— Ixlooo *****41 —do
      214 words
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      Page 25 Advertisements Column 5
      95 25 Refer to Liquor licence Node* «ished on February 1993 ninass Tliiw by Urn Tiong Sand, th« Applicant, the liquor licence applied lor should be •Retail Liquor Shop licence* instead ot "Retail Baar Shop licence", and should ba In raspact of premises at *MA Urn Bent Siong Supermaric*" instead of in
      95 words
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  • Article
    S'pore-Bonn answer to protectionism
    505 26 EDITORIAL THE agreement by Singapore Prime Minister Goh Chok Tong and German Chancellor Helmut Kohl for their countries to cooperate in joint projects in places like China comes at a time when Singapore and Germany see the need for businesses to keep a sharp focus on
    505 words
  • WHAT THE OTHERS SAY
    • Article
      North Korea raises bogey
      261 26 NORTH KOREA is the only nuclear holdout state in the Asia-Pacific region. The nuclear issue, which has blocked reconciliation talks between North and South Korea, also has a direct bearing on Japan's security and significantly affects America's global non-prolifera-tion policy. The issue has taken an awkward
      261 words
    • Article
      Boosting law enforcement
      139 26 PHILIPPINE president Fidel Ramos has finally acted wisely and bravely by trouble-shooting his country's police force. The Philippine National Police have been under heavy criticism because of its ly inability to combat rising crime. Being a former police and army chief, Mr Ramos certainly knows what is
      139 words
    • Article
      An era of change
      236 26 IN AN INTERVIEW with Newsweek before his swear-ing-in as president, Mr Kim Young Sam said that the Korean government will not request the US government to reduce the number of troops stationed in South Korea. This shows that he is neither in a hurry to seek
      236 words
    • Article
      Morale of a society
      141 26 THE CHARACTER dimensions that are crucial to leadership include the courage to take responsibility, the capacity to establish kinship and solidarity leaving no doubt that Chuan Leekpai shares the risks and hardships of his followers, the ability to project authority, to command obedience and to be
      141 words
    • Article
      An unhealthy surplus
      224 26 FINANCIAL SECRETARY Hamish Macleod has the same trouble as his predecessor Piers Jacobs in predicting the annual budget surplus. This financial year, it is expected to exceed HK$24 billion (SSS.I billion). In his budget last March, Mr Macleod predicted revenues would exceed expenditure by HKSS.I billion. Instead
      224 words
  • Article, Illustration
    Lock icon To the extreme
    976 26  -  Mark Trevelyan talks to the man who has been compared with French right-winger Jean-Marie Le Pen and even Hitler Mark Trevelyan Reuter SOME laugh him off as a harmless buffoon, others fear him as a demagogue and threat to Russia's budding democracy. Vladimir Volfovich Zhirinovsky exploded onto
    Reuter  -  976 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      232 26 P W .jJM I* AI ***** rj-! a a B THE CROWN PRINCE ADVANTAGE. Whether in Singapore or Penang, most business travellers prefer the central location and value of a Crown Prince Hotel. In business, it always pays to be in the right place at the right time. Which is
      232 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      47 26 Uvrr vnu'RF-Cso^tfT^Gj BACK £.V€RyTMiNG I've cornwGll rr A eveß. spod ortvo-ksmt pe>ouT M7B C ASSOCIATED NEWSPAPERS LTD 19«2-1 »93 DOONESBURY GARRY TRUDEAU I T5 UM..TK: W 2XO Los' CORNELL? HI, EXCITING NEWS, MAN I C lSj IwnicoßNEiL 1 a*****.' ""*™ZJIJ imn! I vsSSS* J**s UMTtIJP? p r^'/Ky/yP
      47 words
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  • ANALYSIS
    • Article
      Lock icon A boost for industrial technology
      921 27  -  A new plan to strengthen US technology will redirect research funds from the military to private industry. Edmund L Andrews reports Edmund L Andrews NYT US PRESIDENT Bill Clinton's newly introduced plan to bolster industrial technology involves almost no increase in total government spending on
      NYT  -  921 words
    • Article, Illustration
      The implications of adventure
      907 27  -  Nirmal Ghosh reports on an increasingly popular form of tourism Nirmal Ghosh THE great white hope of the tourism industry is adventure travel. That's because adventure travellers, a booming segment of the market, generally stay longer in a country and yield more profits for operators than
      907 words
    • Article, Illustration
      Lock icon A warning of the future
      664 27  -  Two books by publisher Random House are painting a very bleak picture of the 21 st century. Arthur Spiegelman reports Arthur Spiegelman Reuter AS THE 21st century nears, historians and social analysts are raising alarms that the worst is yet to come and none is
      Reuter  -  664 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      271 27 m 8 Perth Properties in Satellite Auction Telecast Direct to Singapore's Pan Pacific Hotel 11am 18th March 1993 10 Thclma Street, West Perth, nuns from CBD 414 Newcastle Street, West Perth 890sqm appro x lettable area on Six Stylish offices, plus reception, and on-site parking. Opportu- a 2 street frontage.
      271 words
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  • Article
    Lock icon Congress to vote on Clinton's spending cuts, tax rises first
    481 28 Short-term stimulus package to be considered a few days later NYT WASHINGTON The White House has announced that Congress will vote first on a resolution supporting President Bill Clinton's proposals to trim spending and raise taxes before it votes to
    NYT  -  481 words
  • Article
    Lock icon India arrests 50,000 on rally's eve
    460 28 But BJP set to hold anti-govt demo today despite crackdown UPI NEW DELHI The Indian capital looked like a city under siege yesterday as the government intensified its crackdown on the country's largest opposition party on the eve of a planned rally. More than
    UPI  -  460 words
  • Article
    Lock icon Major-Clinton talks will be clouded by trade, aid issues
    272 28 AP Reuter WASHINGTON British Prime Minister John Major met US Treasury Secretary Lloyd Bentscn and congressional leaders yesterday prior to an afternoon session with President Bill Clinton clouded by issues of trade and aid. US-British differences over the European Airbus subsidy
    AP; Reuter  -  272 words
  • Article, Illustration
    Lock icon Mulroney resigns as Canadian Prime Minister
    244 28 AP AFP O'ITAWA Canadian Prime Minister Brian Mulrone) yesterday announced his resignation in a letter to a Conservative Party leader. Canadian Press said that the decision was announeed by Gerry St Germain, president of the governing Progressive Conservative Part). High unemployment, record bankruptcies, massive
    AP; AFP  -  244 words
  • Article
    Lock icon Keating promises to hold referendum on Australian republic
    435 28 Reuter SYDNEY Labor Prime Minister Paul Keating, trailing in opinion polls, formally presented his policies yesterday in an attempt to win back the initiative before Australia's March 13 election. In a speech punctuatcd by rounds of applause from 500 party faithfuls. Mr
    Reuter  -  435 words
  • Article, Illustration
    It's time for Asian countries to realign currencies
    894 28  -  The Bottom Line RUDI DORNBUSCH RUDI DORNBUSCH The writer is pro fessor of economics at Massachusetts Institute of Technology. Reproduced from Business H eek International by special permission. Copyrighted by 1 McGraw-Hill. Inc. All rights reserved, YEAR IN, year out. Asia runs
    894 words
  • Article
    Lock icon Thousands rally in Moscow to protest against Yeltsin
    293 28 Bloomberg Business News MOSCOW Rallying behind red flags and portraits of Lenin, more than 10,000 supporters of communism marched to the Kremlin on Tuesday to denounce President Boris Yeltsin and urge the military to rise against him. "The walls of the Kremlin
    Bloomberg Business News  -  293 words
  • Article
    Lock icon Russia proposes demilitarised zones in Siberian Far East
    405 28 Reuter TOKYO Senior officers of Russia's Supreme Military Command told their Japanese counterparts yesterday that Moscow may create demilitarised /ones in the Siberian Far Last as part of a policy to ease tensions with China and Japan. "We are prepared to create
    Reuter  -  405 words
  • Page 28 Advertisements
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  • SHIPPING TIMES
    • Article, Illustration
      Malaysia's 5 main ports handled more cargo in 1992
      347 29  -  Throughput at the government-controlled ports rose 5.5 pc From Rahita Elias in KUALA LUMPUR MALAYSIA'S five govern-ment-controlled ports last year chalked up a 5.5 per cent increase in cargo volumes. According to figures from the port authorities, the gateways of Klang,
      347 words
    • Article
      Lock icon Bombay-Middle East liner service may take longer time to recover
      434 29 Fairplay BOMBAY Liner services between the Middle East Gulf and India suffered during the riots in Bombay late in January and might take longer than at first thought to return to normality. Because of the threat of riots throughout the
      Fairplay  -  434 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      867 29 Page Col ABC Containerline 12 1 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 Halt Orient Line 7 4/5 Bangladesh Shpg 18
      867 words
    • Article
      Lock icon Market hit with flurry of long-term chartering
      255 29 Knight-Ridder NEW YORK The market was hit with a flurr) of long-term period chartering as a number of ship operators burdened with meeting freight commitments looked to enlarge their fleet of tonnage. Indications were that there was keen interest from operators committed to
      Knight-Ridder  -  255 words
    • Article
      SingaPort awarded Approved International Fair status
      341 29  -  By Dexter Lee SINGAPORE SingaPort, Asia's premier maritime event, has been granted Approved International Fair status by the Singapore government. Exhibitors will now be able to claim double-tax deductions, while foreign trade visitors and other participants can look forward to a range of incentives
      341 words
    • Article
      Lock icon Greenpeace, Japan whalers set for showdown
      254 29 AFP SYDNEY Greenpeace campaigners were maintaining a round-the-clock watch yesterday as they headed toward a possible confrontation with a Japanese whaling fleet in Antarctic waters. Activist Kieran Mulvaney said via satellite telephone that the Ml' Greenpeace was following a course that campaigners hoped would
      AFP  -  254 words
    • Article, Illustration
      Lock icon TAA comes under attack
      795 30 As member lines plying the trans-Atlantic sea lanes struggle to stay above water, European shippers are pushing to suspend the trade agreement Fairplay LAST YEAR was an eventual one for the container trades. For the first time ever, all three main east-west routes were operating under
      Fairplay  -  795 words
    • Article
      DAILY FREIGHTS
      969 30 DRY cargo brokers reported on Tuesday active fixture volumes and the Baltic Freight Index continued its rise by two points to 1,375 but some key routes were lower. US Gulf/Japan grain was fixed at U5525.25 and US$25 with the BFI level falling to U5525.13 from U5525.23. There were
      969 words
    • Article
      COCKETT BUNKER MARKET REPORT
      864 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      864 words
    • Article
      THE SHIPPING GUIDE
      11636 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,636 words
    • Article
      SHIPPING AGENTS
      3388 43 CONFERENCES CONSORTIA Asia-North America Eastbound Rata Agreement (Far East/North America, excludes Japan): American President Lines; Sea-Land; Neptune Orient Lines; Maersk Line; Nippon Yusen Kaisha Line; Mitsui OSK Lines; Nippon Liner system; "K" Line. Trans-Pacific Westbound Rata Agreement (North America/Far East): American President Lines; Sea-Land; Neptune Orient Lines; Maersk
      3,388 words
    • Article
      COURIER SERVICES
      272 43 Abacus Courier* Td: 545-8011. Fax: 545-1898. Air Express I ra*el Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. Cits-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Sen
      272 words
    • Article
      AIR FORWARDERS
      1484 43 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Act hair Singapore Tel: 542-7821 Fax: *****20. Aerolink 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.
      1,484 words
    • Article
      PORT CONDITIONS
      1882 44 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 Quinfuqucna terminal remain occupied by Unita forces. Loading according to programme at Palanca. there is a posssibility that loading will resume
      1,882 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1171 44 SHIP SALES TANKER RATES Simpson Spence Young AFP THE Coulouthros Group are reported to have sold their sistership Suezmax Tankers Nemea and Polyxene C 123.000 dwt and built 1974/76 respectively at a price of around US$9.5 million en bloc to London Greek buyers. This decision to sell cleady reflects the
      Simpson Spence & Young; AFP  -  1,171 words
    • Article
      AIR FREIGHT SCHEDULE
      557 44 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight T>pe FID T To TODAY TODAY KAL KE697 B747F 0150 1 SEL KAL KE697 B747F 0440 I BKK SIA SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 1 LUX/DXB BA822
      557 words
    • Article
      CRUISE & FERRY SCHEDULES
      522 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep iNane of Vessel ETA FTP Ports of Calls Port Agent Telephone No 25 25 Sea Goddess 2 0800 1800 Far East Cruise Thoresen Co 220-1051 25 25 Song of Flower 0800 1800 Wodd Cruise Kawasaki S pore 221-8977 25 25 Fantasy World 1000
      522 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        586 45 Vessel Voy No Berth km* Departure Vessel Voy No Berth Vrival Pepartiie iurong Port s,r Ven,ufe 05fc P03 alongside 24 02 1500 ASl 17/B 7 J5/6 alongside 2502, 2300 Syi Thu 2 1/93 P01B alongside 24 02 2300 Handy Voy*er 2 J5 alongside 2502 0600 Tirta Arta
        586 words
      • Article
        MALAYSIAN PORTS
        123 45 Kuching Port Arrive on Feb 23: Juta Jaya. Berth: NA. Depart: NA. Johorc Port Berth: 1: Sri Nam Hua H; 2: Geniki. Melaka Jaya III; 3: nil; 4; nil; 5: ml; 6: Um Modest. 01 jetty: Sylan Arrow DC J: nil. Due on Feb 24: Team Troma, Yukikaze.
        123 words
      • Article
        CONTAINER SCHEDULES
        1736 45 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Sty Voy Ho Containers avaiabte Ship Voy No Containers avatobk Genius GN301S COO(EST) *****3 1900 Hi Seoul 130W 2302.93 0810 Tahan k 2-078 COO(EST) 24 0293 1900 Vigour Spore 47AN8 23.0293 0845 00CI Fair 39€ COO(EST) 24 0293 1500 Longhaihe 75
        1,736 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        TNT Express' Asian service delayed by pilot training
        424 48  -  By Rahita Elias SINGAPORE Shippers will have to wait till late April before they can move their cargo on TNT Express Worldwide's intra-Asian network. The Amsterdam-based logistics company has pushed back the launch of its service, initially planned for January, because its
        424 words
      • Article, Illustration
        Japanese car manufacturers face bleak profit prospect
        385 48 TOKYO Japanese car manufacturers face a grim profit picture in fiscal 1993 as domestic sales remain sluggish, fixed costs increase, and a rapid yen appreciation adds uncertainty to balance sheet calculations, according to a report in yesterday's edition of the Nihon Keizai Shimbun.
        385 words
      • Article
        Kuwait Airways plans for more flights in the region
        472 48 BANGKOK Kuwait Airways has expanded the operations of its Bangkok office to cover the entire Far East and Indian Sub-continent in order to cope with the rapid growth in the region's airline business, said regional manager Emad Alshaar. According to The
        472 words
      • Article, Illustration
        Lock icon BA, Virgin talks still in deadlock, to resume later
        309 48 Reuter LONDON Talks between British Airways (BA) and Virgin Atlantic Airways aimed at settling a three-year "dirty tricks" dispute broke up without an agreement early yesterday morning, a BA spokesman said. He told Britain's domestic Press Association news agency that the
        Reuter  -  309 words
      • Article
        Lock icon Air Canada wanted to block C$246m investment, tribunal told
        377 48 Bloomberg Business News OTTAWA Air Canada, the nation's largest airline, wanted to slow down or block a C 5246 million (Ss32o million) investment by AMR Corp into Canadian Airlines International Ltd, the country's second biggest carrier, a federal government tribunal heard
        Bloomberg Business News  -  377 words
      • LOG BOOK
        • Article
          Lock icon 5 crew missing after tanker capsizes
          74 48 Reuter TOKYO Five crew of a Japanese cement carrier were missing after the vessel collided with a Chinese ship and sank off Kobe, western Japan, a coastguard spokesman said yesterday. Bight crew of the 2.037-ton Ryonan Starii were rescued after the collision late on
          Reuter  -  74 words
        • Article
          Lock icon Strong crude boosts bunker prices
          106 48 Reuter SINGAPORE Sellers raised bunker quotes on a belief that prices still had room to rise due to continuing firmness in crude prices, sources said. "The market should be firmer as people are very bullish on the crude." said an official of an international oil
          Reuter  -  106 words
        • Article
          Lock icon US ship builder reports US$3m profit
          71 48 Bloomberg Business News TAMPA. Florida American Ship Building Co reported a fiscal first-quarter profit from operations of US$3.O5 million (SSS million), compared with a loss of U*****,000 a year ago. The commercial and military ship builder, which is controlled by New York Yankees owner
          Bloomberg Business News  -  71 words
        • Article
          Lock icon US to stop arms shipment to Somalia
          104 48 AFP WASHINGTON The US has taken diplomatic steps to halt a shipment of Serbian arms destined for Somalia, a State Department spokesman said on Tuesday. State Department spokesman Joe Snyder said said the arms were being transported aboard a Greek-flagged freighter called the
          AFP  -  104 words
        • Article
          Lock icon HK, Sri Lanka sign new air pact
          89 48 AFP HONGKONG Hongkong and Sri Lanka yesterday signed a new air serv ice agreement to ensure air services were uninterrupted after China's takeover in 1997. Anson Chan, Secretary of Economic Services, said after the signing ceremony that the separation of air services with
          AFP  -  89 words
      • Article
        Lock icon Hijacker's wife will appeal against accomplice charges
        211 48 AP STOCKHOLM The wife of a man who hijacked a Russian airliner with two hand grenades will appeal against charges that she was an accomplice, her lawyer said on Tuesday. "I am filing her appeal today," said Mats Rygart, a public defender. Marina
        AP  -  211 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1321 48 city ngt ra gjt n?_ i Abu PtealH GA887 1500 I Adelaide Qf81 1935 QF82 2050 i SQ228 2040 Amsterdam SQ319 0810 KL838 2350 KL837 1545 L Athens SQ347 1730 Auckland NZ21 1710 BA11 1310 NZ28 1840 SQ288 2045 BalKain GF148 0850 B Sen Begawan BI421
        1,321 words
  • Page 29 Advertisements
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      2 29 Leading Lubricant
      2 words
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      Page 29 Advertisements Column 2
      30 29 Lines and services represented by Members of the Registry of Accredited [Jfljgli*] Shipping Agents, Singapore National Ship- UJAgSHft/ ping Association. tor advertising enquiries, contact Shipping I inter. I'el 710- 70X9/740-2090.
      30 words
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      Page 29 Advertisements Column 3
      332 29 toe FAMOUS vm/utmm M 8 224 1833 For more information please refer to Pg. 13 TAA comes under attack, Pg 2 TNT Express' Asian service delayed by pilot training, Back Page Someone dose has been Kving Your son in Canada is studying for some years, overseas. You've given up M|S
      332 words
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  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      596 30 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 2.4 2.7 2.7 2.5 2.0 1.4 09 0.7 0.6 0.7 1.2 1.8 2.5 2.1 2.1 2.5 2.0 1.4 0.9 0.7
      596 words
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      Page 31 Advertisements Column 1
      2609 31 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES *****11 V#* BOOKINGS TEL *****34 *****58/ *****40 AllMr CFS (PSA F5) TEL: *****21/ *****79 WflHmVi JARDINE SHIPPING AGENCIES SDN. BHD. H Bfiflflfl H PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 I, J PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Quality Service
      2,609 words
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      Page 31 Advertisements Column 2
      1682 31 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 imuAscl W UNITED ARAB SHIPPING CO.(SAG)j/J To US East Coast I 1 I nil I M 1 I M I M ÜBOM MIW i/U l/M II M 11 M 11/ M m sm mm n/u »/m m/m am ft IMI MIM 7/M
      1,682 words
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      Page 31 Advertisements Column 3
      1292 31 ■UHMHIHfIIM ALL YOU NEED!!! HONG KONG, TAIWAN, JAPAN, KOREA, INDONESIA PHILIPPINES LUNA MAERSK V.9304 ETA SIN IST MARCH 1993 METTE MAERSK V.9304 ETA SIN 2ND MARCH 1993 Vassal Voy ETA ETO Feeder by Sea Lark/Aries DESTINATIONS This weak Malta Maersk V 9304 v 2/31 too CFS 2/3 0300 MRS JOH
      1,292 words
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      Page 32 Advertisements Column 1
      1501 32 AQABA RDAM/ [I VOY NO S PORE JEDOAH (via JED) S TON H'BURQ ANT HAVRE KAMAKURA 27/107 25/2 13/3 16/3 14/3 L Mi KMWB DRESDEN EXPRESS 09/307 27/2 8/3 14/3 17/3 19/3 21/3 23/3 PORT KELAMG A HUMS KAGA 28/108 4/3 21/3 24/3 22/3 CARGO TO UK/CONTMHT LUDWIGSHAFEN EXPRESS 06/308
      1,501 words
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      Page 32 Advertisements Column 2
      621 32 FCL Break bulk Service to: AFGHANISTAN MAM Afghanistan Ltd., E Sole Foreign Forwarder in Kabul for all services P C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam Mongolia Hungary CSFR Poland L j AGENCIES(FAR EAST) LTD K NOUAKCHOTT-BANJUL-BISSAU-LUANDA BAT A L Feeder Vessel ETA SM S ORIENTAL
      621 words
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      Page 32 Advertisements Column 3
      1460 32 goaa«fl tm REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALQ BCL* HAM BRE# ROT ANT* FEL LMA I JAPAN SEA 251W 26/02 18/03 19/03 22/03 23/03 24/03 25/03 26/03 27/03 CHMA SEA 252* 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
      1,460 words
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      2055 33 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 BaßuEranißiraHßiMH STS shipping ud 52?' m s«s I I CONTAINER MR VICE TO CAMBOOIA STRAITS VENTURE VOtt Muju. Lab 20 23 Feb 23 f«b 24 Feb __JHE *AJ*H BROOKE VO6E Muiti. lib 23-26
      2,055 words
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      Page 33 Advertisements Column 2
      2607 33 SINGAPORE AGENT: 1 P&O Containers (Singapore Agencies) Pte Ltd tltl W V jUIII rtlllvl 10 Hoe Chiang Road #07-01 KEPPEL TOWERS, SINGAPORE 0208 WF- U X www Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 Y t CR Number: **********0Z EXPORT IMPORT VESSEL VOY -Mto UN ALG
      2,607 words
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      724 34 IPEB9 <V WT I swst|~ umil I KWt 1 ■DPI I WTIOf AUTAI nm I 3-7/3 I 1/4 6/4 1/4 11/4 TO AUSTRAU^^^b» EAST CO«T PQim wl/wt mi stoke std Inn bus Ira ladei MKO AjBTMUA 42S 3/3 2/3 l»/3 22/3 16/3 1 MW* 03S 9/3 1/3 22/3 21/3 2/4
      724 words
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      Page 34 Advertisements Column 2
      1829 34 HANJIN SHIPPING Ft* VSI SM I LME HAUL SEA *CR FOR VSI SM IIME HAUL SAV LM NYC HANJM SOU. 131E 1/3 H. TONGHAC 09X 25/3 2C/3 HAWM SEOUL 131E 1/3 H HONGKONG 038E 1/4 $/4 11/4 HAIUN KUANGYANG 09* 8/3 H. WW YORK 04* 1/4 2/4 HAWM K WANG
      1,829 words
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      Page 34 Advertisements Column 3
      948 34 IPU $0 KSG MIC KU nfi Kt Q» KT SW TYO LA* CHS Ml NTCIMf IM m W WS PSO CM HU. up I lan 055 4/) 12/) U/l 13/1 is/} IC/3 11/3 19/3 20/3 22/3 2/4 14/4 14/4 17/4 27/4 21/4 23/4 30/4 1/5 11/5 21/5 25/5 21/5 I
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      1536 35 "NEPTUNE ZIRCON 25W" eta sgp 27/02/931| I II ETA RDM 15/03/93, FLX 16/03/93, BRE 18/03/93, LEH 20/03/93 HI II r .JC II <R2 scx ConnecMnB c. Jupiter Woy 621 in HKG 07/03/93 HI *H3 SCX: Connecting N. Diamond Voy 12E in HKG 28/03/93 HhJ sMi SttiQAPORB CAUFOmiiA EXPRESS (SCX) X
      1,536 words
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      Page 35 Advertisements Column 2
      1152 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUW) MSCHAfiGWC WESTBOUHD-LOAONG TRAICWPPfI) VIA
      1,152 words
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      1383 36 aappi ft AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) I TEL *****77 TELEX: KAWAKIRS23I6S FAX *****07/^9 Ily IT MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD I B V Pi TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SARANA LALTTINTERNUSA TEL: JKT *****76.*****77.*****08
      1,383 words
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      Page 36 Advertisements Column 2
      1130 36 PHILI-ORI€NT LINGS PT€ LTP V 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... ,-SSi, «*S!v WE TAKE ON THE WORLD FOR YOU MS MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION I MItTXAUA/NCWZIALAMO/tOUTHPAUFK FCLA.CL %EKVK£ 28 FEB SYDNEY. MELBOURNE.
      1,130 words
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      Page 37 Advertisements Column 1
      881 37 PACIFIC INTERNATIONAL LINES (PTE) LTD I *****5555 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I BSSB»S EMHi CR NO **********0E I VESSEL VOY SIN MKQ SIN CMB JIB HOO JED AQJ KOTA CAHAYA CAHOI3 5/3 11/3 IS/3 20/3 KOTA WIJAYA WJAO2I 15/3 20/3 25/3 30/3 ,/4 KOTA SINGA SGAO23
      881 words
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      Page 37 Advertisements Column 2
      1401 37 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY P|p GUOANG| PENANG PKELANG| OCEAN VSL/VOY SIN SOU (1) RTM (2) ham (3) GOT (4) E 26/2 26/2 2772 JUTLANCMA 3072 2/3 19/3 21/3 22/3 24/3 E 5/3 5/3 6/3 SELANDIA 3062 9/3 26/3 28/3 29/3 31/3 D J2/3 12/3 13/3 BENALDER 3092
      1,401 words
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      Page 37 Advertisements Column 3
      309 37 °BSA° TRANSPORTATION HA MYANMA mmm, five star line (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kit Pen P.Gdf MYITKYtNA V46BW In Pt PAGAN VI93W In Pt HPA-AN VIBSW 27/1 Mac PAGAN VI94W U/13 Mar MALAYSIA AGIN IS BOUSTEAO SHPPING AGEHCES KUI TU 03 *****00 PKL: Ta 03 36(6767 PEN:
      309 words
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      Page 39 Advertisements Column 1
      58 39 17C VISA FREIGHT SERVICES PTE LTD Q Established Since 1984 OCEANIA PORTS REGULAR GROUP AGE lcl consolidation AUCKLAND SYDNEY IMPORT St EXPORT SERVICES MELBOURNE FREHANTLE T FOR BOOKING St SAILING SCHEDULE. CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL COIN SOL PTE LTD TOLL-FREE TEL: 1800
      58 words
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      2962 40 Foil Container Liner Services mp<*ws w CtKril Attn* BtotiKg Agwtl' Cm* Cum Shipping Sdn SM Ck«i( CU» Mippin; S* >U M. «WNnW"™"" 1 1 Costar Shipping Pt» ltd sm* rmtU c~ln SM BM 58 Arsaran Ha w Ui M us a Jil#H«rai»/W iSr < c 0 w/0 E43— Singapore 0207
      2,962 words
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      650 41 (<£ FAMOUS CONTAINER LINES I 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 I I HOT LINE: *****33 (24 LINES) I I LIMASSOL/PIREAUS 27/2 ROTTERDAM 21/2 II HAIFA/ASHDOD/ALEXANDRIA 27/2 HAMBURG/BREMEN 27/2 I I MARSEILLE/FRANCE 27/2 FELIXSTOWE/UK 27/2 II BARCELONA/SPAIN 27/2 lEHAVRE/ANTWERP 27/2 I GENOA/ITALY 27/2 GOTHENBURG/SCANDINAVIA 2712 II LOS ANGELES/WC/IPI
      650 words
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      Page 41 Advertisements Column 2
      605 41 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line#) W m ETHIOPIAN SHIPPING LINES I f (National Lines of Ethiopia) I ACCEPTING FCL AND CONVENTIONAL 1 VESSEL IVOV ETA LOADING FOB I SPORE ANOINET 30M8 10/04 OARESSALAAM. MOMBASA, DJIBOUTI I ASSAB
      605 words
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      Page 41 Advertisements Column 3
      668 41 JAKARTA BANGKOK I rjjSS vot 5i mi |«sa wy smurm. u*mi* I RAM BHUM 47S 24/2 2/3 IMW) BHUM 45N Frt 24/2 Mm 1/3 J KI T BMUM m Wl V 3 "AWTA B*» _130N._S 5 t fM 3/3 mmm ijz rn WAGON SCNTOSA 24N Ui 27/2 Tu. 2/3 I
      668 words
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      Page 41 Advertisements Column 4
      330 41 ©ssasaj lwn-uni BAY OF BENGAL SERVICES neu mom ma xk/2 0344/3 10-11/3 TKD BMDQ 245R 0142/3 074J/3 14-15/3 nsa SIM MM 0344/3 10-11/03 17-11/3 Ctf* BOH4WSU 2*SK 88-W/03 I uora 4* m 0441/3 14-15/3 1 I uuM man Hi 2MI/3 17-11/3 17-11/3 I I ;«at m 111 2141/3 17-11/3 17-11/3
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      1188 42 P-ASmAC-NELS groupage I I |PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 COMPETITIVE RATE TO HONG KONG 3 SAILINGS WEEKLY (MON/WED/FRI) FOR ROOKING, PLS CALL *****76. *****75. *****221 •«> ■MW PKU *****46 JB *****7 (3 UNeS)SBY:SM w||m PEN: *****0/*****3 JKT:
      1,188 words
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      Page 42 Advertisements Column 2
      249 42 BLUE STAR LINE| I SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN AKL LYT SW FGUARD BAY 01S 28/2 12/3 14/3 2S/3 PROSPECT 23S 7/3 19/3 21/3 7/4 #N Z STAR 6S 20/3 1/4 3/4 20/4 a WITH OPPORTUNITY TO CAU BRIS6M* ON OR ABOUT 21 7 FULLY
      249 words
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      Page 42 Advertisements Column 3
      1038 42 THONG SOON UNES PTE.. LTD.) Mi 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 Ta: *****88 FAX NO: *****11. *****22 TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO I CbNVENTIbNAL/dONTAINER I 66wtAldtt> SfeftVtei* "I SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL [VOY S PORE PEST VESSEL *0Y
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      62 45 A A I —-l %e Executive Housekeeper -this hotel 1 O vvuv I wants >s me. Bob I'll never neglec-t I c "tViiS House/ baby! I Any job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New Paper LIANHE ZAOBAO LIANHE
      62 words
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      688 46 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR A VESSEL 28/2 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G. LOADING FOR: A VESSEL 15/03 20/03 Huangpu Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please
      688 words
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      Page 46 Advertisements Column 2
      447 46 a EES FREIGHT SERVICES PTE LTD #01-60 Wallich Building, Wallich Street, Singapore 0207 Tel: *****66 (10 Lines) Fax: *****69/*****44 I "HANJIN JAKARTA" 11 "NANTA BHUM" 11 "OOCL FAITH" I I V.135 II V.130N II V.36E I I ETD SIN: 28/2/93 11 ETD SIN. 27/2/93 11 ETD SIN: 26/2/93 I We
      447 words
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      Page 46 Advertisements Column 3
      863 46 Antwerp 28/2 Fremantle 25/2 Bangkok 27/2 Bremen 28/2 Sydney 28/2 Busan 29/2 Hamburg 28/2 Melbourne 28/2 Hong Kong 29/2 LeHarve 28/2 Kaohsiung 27/2 Felixstowe 28/2 Keelung 23/2 Rotterdam 28/2 Bombay 1/3 Jakarta 28/2 Calcutta 25/3 Manila 29/2 Chittagong 25/2 Lax Nyc 28/2 ai chi J/o HfTRm ■we travel aii over
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      798 47 li MERCHANT MARINE CO. ITP. WESTBOUND TO EUROPE ,'i VESSELS VOY PNA PKE PGO VESSELS VOY SIN RTM MIT* LEH* HAM BREt PEL MM 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 M HMM ADVANCE 07A 2/3 4/3 6/3 H EXPLORER 304N 7/3
      798 words
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      Page 47 Advertisements Column 2
      496 47 Hai Sun Hup Co (Pte) Ltd TEL *****06 20 Line*) TLX RS ***** RS ***** I5ASTKRN CAR LINER LTD. STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS IESSII isun ami IHZNA CMOASN MAKE MEIZE issue PIONEER iOMAI IEISMM :os»c TIAMI SERI AKEISM MAKE SAT m/t AUAITAH 24/1
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