The Business Times, 26 February 1993

Microfilm: NL18517
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times Mi l A (P) 552/12/92 Friday February 26 1993 WE KNOW ASIA 75 c
    16 words
  • 2am LATEST
    • Article
      Lock icon GM workers may not get paid
      93 1 Reuter DETROIT General Motors Corp says that as many as 11,000 union employees will get pink slips next week because a US$l.7 billion (552.78 billion) income security fund that guarantees them full pay has run out of money. A report in the Detroit Free
      Reuter  -  93 words
    • Article
      Lock icon Congress lawmakers to freeze salaries
      52 1 AFP WASHINGTON Lawmakers in Congress have begun action to freeze their own salaries at USS 133,600 a year in a symbolic response to President Bill Clinton's efforts to cut the federal budget. House and Senate leaders also pledged to cut their staffs and freeze staff
      AFP  -  52 words
  • Article, Illustration
    MARKET SUMMARY
    116 1 Stock market indices Ihursday Change STII 1.***** +3.32 KLSE Composite 638.83 +4.61 Nikkei 16.907.39 +108 45 HangSeng 6,203.88 +26.19 SET Index 954.53 -4 59 Jakarta Composite ...300.22 +0.41 CLSA China B 1.605.52 -28.97 Aust All Ord 1,606 9 2.1 FTSE 100 2,828.7 HI.7 lhursda> Frt'»»ous I lam close
    116 words
  • Article
    Lock icon Out-going Mulroney pledges Nafta ratification
    117 1 Reuter OTTAWA Seeking to calm fears that his resignation spells the end of the North American Free Trade Agreement (Nafta). Canadian Prime Minister Brian Mulroney has pledged that his country will ratify the three-nation pact before he steps down in June. Yesterday, Canadian Trade Minister
    Reuter  -  117 words
  • Article
    KL starts inquiry into suspected insider trading
    551 1  -  By Amy Balan SINGAPORE The Malaysian Registry of Companies (ROC) has begun investigations into suspected insider trading amidst feverish speculative activity on the Kuala Lumpur Stock Exchange. Broking sources said the ROC. invoking the Securities Industry Act (SIA), has written to KLSE members
    551 words
  • Article, Illustration
    Price spikes and surging volumes
    96 1 TIIE share price of Metacorp, listed in December 1991, surged last October from M 51.30 to about Ms 3 on very heavy buying before the company announced on Oct 29 its proposed acquisition of Mctramac. Since then, Metacorp's price has soared even higher, closing yesterdav
    96 words
  • Article, Illustration
    Lock icon Indian Hindu party rally crushed in massive security operation
    452 1 Reuter. AFP NEW DLLHI The Indian government crushed a rally by the main opposition Hindu nationalist party yesterday as it mounted the largest security operation ever in the capital to disperse tens of thousands of Hindu activists. Indian police gassed crowds
    Reuter.; AFP; Reuter  -  452 words
  • Article
    Tax changes eagerly awaited in today's Singapore Budget
    614 1  -  By Anna Teo, Chuang Peck Ming SINGAPORE Financc Minister Richard llu is widely expected to announce new tax incentives to give Singapore companies a push overseas in his Budget speech today. Businessmen have made various tax proposals to help them invest abroad.
    614 words
  • Article
    Probe on unlicensed S'pore forex dealers
    349 1  -  By Helen Chang SINGAPORE The Commercial Affairs Department has begun investigating unlicensed companies trading in foreign exchange Two traders in one firm say they have been questioned by CAD officers about the nature of their jobs and other aspects of the company. The authorities
    349 words
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      145 1 Rid CONTENTS News Companies S pore News 2 SporeWsia 9.10 Regional News 3.4.5 Financial 11 World News 7.8 Features Markets 23 Oofc/ttSE. SES 15.16 Editorial 22 13 Sports 17 World 14 TV/Litestyle 19 Currencies 12 Regional Focus 6 Smw/Commo ..11.12 Subscription Id 1800-/4925/7 Fai Z4448/5 BT Editorial Tel *****18 fax
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      17 1 Advertising <ft Marketing Selling lip of 4As Ltd i'k 20 Govt policies unlikely to change. Pg 7
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      10 1 Hock lx>ck Siew nff /a Hunk on diversified ship <l^sto^^g
      10 words
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      53 1 A nana interview White knight of Thai politics pg23 i ■B w* 1 R —1^ --***** a. testonr BOLOGNA ITAUA -"v *-2 v ~"«V*'^2 f y< V < 1* AT A. TESTONI BOUTIQUES #01-15/16 Hilton Hotel Shopping Gallery Tel: *****55 #01-10 Mandarin Hotel Shopping Arcade Tel: *****38 #01-11 Raffles Hotel
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      25 1 Jji-T YCH GROUP TRANSPORTATION WAREHOUSING SPECIALIST SINCE 1955 YOUR PARTNER IN TOTAL LOGISTICS ~"~CALL: 862-2828 (20 FAX; 861-6366 Editorial: Brighter skies for economy, Pr 22
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon What rising labour costs?
        362 2  -  By Anna Teo I lit Si numbers might throw out ol the window employers' perennial cry about rising labour costs: going by the seasonally-adjusted ligures. the unit labour cost (I I index lor the whole economy was almost flat in the last quarter, while that foi
        Source: Dept of Statistics  -  362 words
    • Article
      Corrections & clarifications
      52 2 Corrections clarifications IN OUR STORY headlined "Economic plan focuses on boosting competitiveness, helping firms go abroad" yesterday, we reported that Singapore's per capita gross national product growth in the past three years averaged 3 per cent. This was wrong. It should have been 4.3 per cent. We are sorry for
      52 words
    • Article, Illustration
      Sembawang Shipyard ordered to comply with new safety rules
      363 2  -  By Schutz Lee SEMBAWANG SHIPYARD must comply immediately with recommendations made by the committee of inquiry into the Nov 27 fire aboard the tanker Indiana, in which eight people died. The committee, appointed by the Labour Minister, completed its inquiry on
      363 words
    • Article
      The challenge for business journalists
      211 2 BUSINESS and economic news will be the staple feature of newspapers in the years ahead and journalists will have to equip themselves accordingly, says the Minister of State for Information and the Arts. Ker Sin Tze. "We need not only balanced, accurate and timely reporting
      211 words
    • Article
      Shell to build $22m sea water distillation plant
      265 2  -  By Lilian Ang ANGLO-DUTCH oil giant Shell will spend $22 million on a sea water distillation plant that will help cut its dependence on the Public Utilities Board for fresh water supplies. The unit Shells third so far will be located at
      265 words
    • Article
      STPB backs call for GST refund to tourists
      215 2 THE Singapore Tourist Promotion Board has backed calls by retailers for a GST refund system for tourists. After meeting retailers on Tuesday. STPB executive director Pek Hock Thiam said that a refund system would help maintain Singapore's attractiveness as a duty-free shopping
      215 words
    • Article
      Govt plans to make S'pore a film centre
      238 2 THE Economic Development Board and Ministry of Information and the Arts plan to make Singapore a regional centre for the sourcing. production and distribution of films and TV programmes. Speaking at the official opening of the regional headquarters of Home Box Office
      238 words
    • Article
      Two Kaki Bukit sites for heavy-vehicle parking up for tender
      255 2 THE Urban Development Authority is offering two vacant sites in Kaki Bukit Road 2 for development as heavy-vehicle parking lots. Tenders for the plots which are being offered separately are open from noon today to noon on April 22. The
      255 words
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      149 2 DANIEL HECHTER PARIS distinctive menswear Bot/ que 435 Orchard Rood #01-29 Wismo Atria Singapore 0923 Tel: 733 5842 Also avoiloble ot leading deportment stores. What incentives will the government offer this year to Singapore busi- I nessmen who go global? What changes will there be in our corporate I and
      149 words
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      80 2 CONVERSATIONS I RAFFLES 'If you don't push the boundaries of censorship out, who will? Freedom is never given, freedom can only be gotten/ f -JW'' J W- 1 "B B jB |®k I y B KUO PAO KUN, Cultural Medallion winner and acclaimed playwright, challenges Singapore artists who blame the
      80 words
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  • THE REGION
    • Article
      Manila industrialists worried by proposed monopoly Bill
      497 3  -  From Al Labita in MANILA SOME Philippine industrialists arc worried by a Bill proposed in Congress by President Fidel Ramos to dismantle monopolies and cartels. Among the first to react has been Andres Soriano, chairman of diversified San Miguel Corp, which accounts for
      497 words
    • Article
      Bill to cap Manila's debt payments defeated
      214 3  -  By Alec Almazan SINGAPORE A controversial bill, which would have imposed a ceiling on Manila's debt payments was defeated by a vote of 169 to 69 yesterday in the Philippine Congress. The bill was voted down because legislators feared a debt cap would
      214 words
    • Article
      Lock icon Key Japanese trade team optimistic about Philippines
      275 3 UPI, AFP MANILA The head of a key Japanese trade mission said yesterday that the Philippines was ready to leave the economic sick bed. boosting Manila's hope of a crucial increase in investment from Tokyo. Gaishi Miraiwa. head of a mission from Keidanren,
      UPI,; AFP  -  275 words
    • Article, Illustration
      Lock icon Sultan of Kelantan says he did not agree to constitutional changes
      260 3 Reuter, Bernama KUALA LUMPUR One of Malaysia's nine sultans has questioned the validity of the constitutional amendments and said he never agreed to these amendments proposed by the government to strip the hereditary rulers of their legal immunity. Sultan
      Reuter,; Bernama  -  260 words
    • Article
      Lock icon KL business lauds extension of OHQ incentives to services
      474 3 Bernama. KUALA I.UMPUR The government's move to extend tax inecntives for operational headquarters or regional offices to selected groups in the services sector is seen as timely as many American and European companies are turning to markets in Hast Asia. "Incentives
      Bernama.  -  474 words
    • Article
      Lock icon Jakarta, Bonn sign two pacts during Kohl visit
      242 3 AFP JAKARTA Indonesia and Germany yesterday signed an agreement on loans and grants totalling 110 million Deutschemarks (S$l 11 million) and another covering cooperation on the environment. The two agreements were signed during the visit here of German Chancellor Helmut Kohl who
      AFP  -  242 words
    • ASIA NOTES
      • Article
        Lock icon Taipei oil firm to build Viet refinery
        90 4 AFP TAIPEI Taiwan's state-run Chinese Petroleum Corp (CPC) is planning to build a US$l6O million (about SS26O million) oil refinery in Vietnam. Company spokesman kuo Y ung said yesterday: "The Economics Ministry, in principle, has agreed that the* CPC study feasibilities of building
        AFP  -  90 words
      • Article, Illustration
        Lock icon Jumping for joy
        41 4 Reuter MANILA Philippine President Fidel Ramos, one of the central figures in the 1986 revolt which toppled Ferdinand Marcos, leaping during the seventh anniversary of the People Power Revolution yesterday. His wife. Amelita, is on his right. Reuter
        Reuter  -  41 words
      • Article
        Lock icon World Bank loan to China
        79 4 Reuter WASHINGTON The World Bank will lend China US$3l5 million (about SSS2O million) to help the country control floods near Shanghai and provide Chinese farmers with increased technical support. The bank said on Wednesday USS2OO million of the money will be used to control floods
        Reuter  -  79 words
      • Article
        Lock icon Dissidents want Suharto to quit
        96 4 Reuter JAKARTA Indonesia's only prominent dissident group yesterday sounded a lonely call against re-electing the country's leader of 27 years in a presidential poll next month. "Suharto has obviously shown his ignorance of the idea of reform and has not shown seriousness in implementing democracy
        Reuter  -  96 words
      • Article
        Lock icon Tokyo's free-trade call
        77 4 Reuter TOKYO Japan wants South Korea to respect free trade and eliminate obstacles blocking imports of foreign goods. Ministry of International Trade and Industry (Miti) Vice-Minister Yuji Tanahashi said: "South Korea has been strongly complaining about its trade imbalance with Japan. We have been discussing easing the
        Reuter  -  77 words
      • Article
        Lock icon China formally drops Aids tests
        49 4 AFP HONGKONG China has abandoned its controversial policy of conducting border tests for Aids on frequent visitors crossing from Hongkong. Elizabeth Wong, the colony's secretary for health and welfare, said the measures had been completely dropped and not just suspended as earlier reported. AFP
        AFP  -  49 words
    • Article
      Lock icon Foreign reporters accused of stealing Chinese state secrets
      197 4 AP BEIJING A Chinese journal claimed foreign reporters were stealing state secrets, and called for measures to protect Chinese intelligence. The recent Outlook Weekly report cited two Western journalists I>ena Sun of the Washington Post and Andrew Higgins of The Independent who
      AP  -  197 words
    • Article, Illustration
      Lock icon Kim takes oath as president, calls for economic and political change
      579 4 South Korea's power transfer NYT SEOUL Kim Young Sam took the oath yesterday as this land's first non-military president in more than three decades. He delivered a fiery inaugural address in which he accused the generals who had preceded
      NYT  -  579 words
    • Article
      Lock icon New PM and ex-soldier Hwang takes aim at economic ills
      347 4 Reuter SEOUL Hwang In Sung, a product of the military elite that has dominated South Korean politics for decades, was appointed prime minister on Monday with a mandate to cure the nation's economic ills. President-elect Kim Young Sam said the
      Reuter  -  347 words
    • Article, Illustration
      Lock icon Roh Tae Woo leaves office with average report card
      405 4 Reuter SEOUL Outgoing President Roh Tae Woo. who relinquished office yesterday, gets full marks for steering South Korea towards full democracy but could have done better in his bid to revitalise the sagging economy. Mr Roh's final report card after five
      Reuter  -  405 words
    • Article
      Lock icon From political dissident to leader of the land
      490 4 Reuter SEOUL Kim Young Sam. scourge of the generals, survived jail, house imprisonment and banishment to the political wilderness to realise his boyhood ambition of becoming president of South Korea. "We have had to wait for this moment for 30 long years.
      Reuter  -  490 words
    • Article
      Lock icon Asia bracing for stormy trade ties with US
      513 4 Washington's tough stance seen creating tense period for relations AFP HONGKONG From the smallest economic tiger to booming China and mighty Japan. Asia is steeling itself against US President Bill Clinton's tough stand on trade, which analysts say will herald stormy Asia-US
      AFP  -  513 words
    • Article
      Lock icon Kohl to prod Tokyo to open markets, give aid to Russia
      602 5 German Chancellor arrives in Japan today Reuter TOKYO German Chancellor Helmut Kohl arrives in Japan today for his first official visit in 10 years to discuss ways of expanding trade and communication between the two economic giants. Backed by
      Reuter  -  602 words
    • Article, Illustration
      Lock icon Support for Miyazawa falling again, says poll
      260 5 AFP TOKYO Public support for Japanese Prime Minister Kiichi Miyazawa went down to 26.1 per cent in a February poll, reflecting public frustration over corruption in politics, the Yomiuri Shimbun newspaper said yesterday. The approval rating, a 2.8per cent decline from January, fell
      AFP  -  260 words
    • Article
      Lock icon Japanese are rediscovering virtue of thrift
      315 5 Reuter TOKYO After years of extravagance, Japanese consumers are returning to an old precept thrift is a virtue. During the "bubble economy" of the late 1980s, when stock and land prices seemed to have no upper limit, Japanese consumers went on a spending spree.
      Reuter  -  315 words
    • Article
      Lock icon Floods water down Pakistani growth rate to 4 per cent
      412 5 Reuter ISLAMABAD Pakistan's 1992-93 growth rate may be slashed to 4 per cent from projections of 6.3 per cent because of devastating rains and floods that swept through crop growing areas last year, a draft government report says. "The performance
      Reuter  -  412 words
    • Article
      Lock icon NZ debates how best to use its forestry resources
      493 5 AFP AUCKLAND With New Zealand's timber export boom leaving logs piled high on wharves, a debate is under way on how best to use the country's rich forestry resources. The argument is whether New Zealand is getting the best return by
      AFP  -  493 words
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      356 3 Sanyo Aircon. Still Singapore's Coolest Choice, Seven Years In A Row. Based on SRS survey, Sanyo holds 41 of the market share for airconditioners in 1992. HZZ ZZZ' tSjC w has been confirmed Jng ipor^" s most microprocessors Fme-tun.ng your living environment to So keep your a Sanyo In the
      356 words
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      Page 3 Advertisements Column 2
      13 3 Kohl to prod Tokyo to open markets, give aid to Russia, Pg 5
      13 words
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      123 4 ■PISEHS Trends A monthly publication of the Institute: of Southeast A*«n Studio COMPETITION is hotting up among cities around the world, not least Singapore, London, Tokyo and New York, to retain and enhance their standing as regional and global financial centres. What is now required of cities to become world-class
      123 words
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      292 5 A true haven-For Lease Singapore's most desirable address in District 10 has so much to offer to so few. And there are only 43 apartments. p^-•~>j'-a 1 y.-'.n <!■ T„ > ?^OjES ||HHHi^HS^!w^9HHMViBHK^W^4fQ^S9uN^ < two* rSS: ?a»w The framed view as you enter Number One Balmoral into a terra cotta
      292 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Lock icon Ending the shooting between Vietnam, China
      1303 6  -  Vietnam's border disputes Reports by Harish Mehta THE news filtering out of a closed-door meeting in Hanoi this month was bad. Vietnamese and Chinese negotiators, talking about ways and means to settle their border disputes, had failed to reach a compromise. The two neighbouring
      Source: Continental Shaf Committee  -  1,303 words
    • Article
      Drawing the Line with Cambodia
      583 6 PRINCE Norodom Sihanouk intervened in 1964 to sort out his country's maritime border dispute with Vietnam, which dates back to the French rule in Indochina. Prince Sihanouk said that if maps drawn by the French Geographic Survey in 1954 were taken seriously, the territorial disputes
      583 words
    • Article
      The Laos example
      201 6 FRENCH-DRAWN maps have been causing severe problems in Indochina, but the same maps have also provided a near-perfect solution in settling the Vietnam-Laos border problem. One issue that Vietnam is proud of having resolved is its border problem with Laos. The Vietnamese Continental Shelf Committee, headed by
      201 words
    • Article
      Sorting out disputes with Asean
      236 6 VIETNAM has made headway in resolving its maritime disputes with Malaysia, and hopes that problems with Indonesia and Thailand will be sorted out soon. Vietnam and Malaysia have agreed to solve their overlapping claims in the South China Sea through cooperation. Last June, the two
      236 words
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      374 6 KCHIAO TUNG BANK SINGAPORE BRANCH (Formerly Known as Bank of Communications) 3c it ikir BOARD OF DIRECTORS (Date: 30th June 1992) Chairimn Kuo-Shu Liana Managing Directors :C. Y. Lee, C. M. Wang, Chan 3. Yu, Chan-Fang Ma, Dr. ihu-Jeu Laa. Mo C. C. Un Direct ore Yung-San Laa, Song-Chi CMan,
      374 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Govt policies unlikely to change in short term
      684 7 Canadian Prime Minister Brian Mulroney's resignation Strong majority ensures uncontested rule for Conservatives until next general elections AP OTTAWA Canadian Prime Minister Brian Mulroney is stepping down, but his policies will live on, at least in the short term. Mr Mulroney announced
      AP; Reuter  -  684 words
    • Article, Illustration
      Lock icon Six seen as possible contenders for PM post
      381 7 AP OTTAWA Below are possible contenders to replace Prime Minister Brian Mulroney of Canada, who said on Wednesday that he will leave office when his Progressive Conservative Party chooses a new leader. A leadership meeting is expected in June. Defence Minister Kim
      AP  -  381 words
    • Article
      Lock icon British trade deficit with non-EC countries alarmingly high
      485 7 Reuter AFP LONDON Britain's trade deficit with countries outside the European Community remained alarmingly high in January hut independent economists said a modest rise in exports provided a glimmer of hope for the future. Central Statistical Office data released yesterday showed Britain's
      Reuter; AFP  -  485 words
    • Article
      Lock icon General sales tax seen as key factor behind premier's unpopularity
      263 7 Renter OTTAWA No one single measure eontributed more to Wednesday's resignation by Prime Minister Brian Mulroney than a sweeping 7 per cent goods and services tax he introduced in 1991. The General Sales Tax (GST) was hated by Canadians, already
      Renter  -  263 words
    • Article
      Asians prefer German bond market to direct investments
      362 7  -  By Magdalene Ng SINGAPORE Asian investors arc only marginally involved in Germany's privatisation programme, accounting for only 500 million marks (SSSOS million) of the 17 billion marks from foreigners. Investors from the former West Germany took up the lion's share of direct
      362 words
    • Article
      Lock icon Uruguay Round seen concluding by year-end
      254 7 Bernama KU AIA LUMPUR Negotiators expect to conclude their talks of the I ruguay Round of the General Agreement on Tariffs and Trade (Gatt) in the next six to nine months, according to one of the Third World's most authoritative and articulate analysts of
      Bernama  -  254 words
    • WORLD WATCH
      • Article
        Lock icon Israel may have 200 N-weapons: report
        84 7 Reuter WASHINGTON A top US Senate arms-control advocate has distributed a Russian intelligence report that concludes Israel may have stockpiled 100 to 200 nuclear weapons. The declassified Russian Foreign Intelligence Service report holds that Israel could have produced 20 nuclear weapons from 1970 to
        Reuter  -  84 words
      • Article
        Lock icon CIA chief sees 'critical' period
        91 7 Reuter WASHINGTON The director of the Central Intelligence Agency has said the world faces a "critical period" as Russia tries to maintain central control over the 30.000 nuclear warheads on former Soviet territory. James Woolsey's remarks on Wednesday went beyond the publicly expressed concerns of
        Reuter  -  91 words
      • Article
        Lock icon Population woes seen hindering growth
        73 7 AFP BANGKOK Growing populations in many parts of the world are hampering efforts to achieve sustainable economic growth, a United Nations expert said here yesterday. Nafis Sadik. the executive director of the UN Population Fund (UNFPA), told a meeting that while some areas were facing
        AFP  -  73 words
      • Article, Illustration
        Lock icon Hunt for Colombian drug lord
        55 7 Reuter MEDELLIN. Colombia Military police arriving on Tuesday as part of a special operation, involving crack police and army units, to capture fugitive drug lord Pablo Escobar. 1 roops were being deployed by plane and helicopters to key locations around the city where Escobar was
        Reuter  -  55 words
      • Article
        Lock icon Castro hopes to step down in five years
        81 7 AP SANTIAGO. Cuba Cuban President Fidel Castro says he would like to step down in five years if the country's plight improves. He was asked during a two-hour news conference with foreign reporters on Wednesday if he expected to be president in
        AP  -  81 words
    • Article
      Lock icon US growth for 4th quarter of 1992 expected to hit new high
      610 8 Forecast surge raises questions over need for Clinton's stimulus plan Reuter WASHINGTON The American economy not only expanded in the last quarter of 1992, it bolted ahead at the strongest pace seen in years, government statistics due for
      Reuter  -  610 words
    • Article
      Lock icon Swiss see joblessness doubling in extreme case
      211 8 Reuter BERNE The Swiss government says that in a worst case scenario, unemployment could nearly double by 1995, with an average of 270,000 people without jobs compared with 141,514 at end-January 1993. Outlining three possible scenarios in response to a parliamentary question, the
      Reuter  -  211 words
    • Article
      Lock icon Orders for expensive durables down in January
      338 8 Reuter WASHINGTON Orders for expensive durable goods were down last month after a huge December gain, the US Commerce Department said on Wednesday, but analysts said factory business was still strengthening. Total orders for long-lasting manufactured items declined 1.7 per cent in January
      Reuter  -  338 words
    • Article, Illustration
      Lock icon Israeli settlers protest during Christopher's visit
      146 8 Reuter JERUSALEM A small group of settlers from the Golan Heights demonstrating in front of the American consulate in West Jerusalem on Wednesday as US Secretary of State Warren Christopher was meeting Pales- tinian leaders inside. The large banner reads: "We'll never leave Golan
      Reuter  -  146 words
    • Article
      Lock icon Nato discussing secret plans for sea-based missile defences
      479 8 Reuter BRUSSELS Nato. worried about the threat of missile attacks from renegade nations in the Middle East, is discussing secret plans for building a defence system to be based on warships in the Mediterranean. The US has been pushing its allies to
      Reuter  -  479 words
    • Article, Illustration
      Lock icon Germany joins British criticism of France over Gatt
      347 8 Reuter BONN German Foreign Minister Klaus Kinkel, joining British criticism, urged France on Wednesday not to take any action which might endanger global free trade talks. In an interview with Die Well newspaper, Mr Kinkel said French Prime Minister Pierre Beregovoy's demand
      Reuter  -  347 words
    • Article
      Lock icon EC threatens ban on Russian aluminium if undercutting continues
      245 8 Reuter BRUSSELS The European Community (EC) is threatening an effective ban on direct aluminium imports from the former Soviet Union if Russia does not stop undercutting world market prices, EC sources said. They said only Germany dissented from a plan to
      Reuter  -  245 words
    • Article
      Lock icon Kohl's Bavarian allies hit back at corruption charges
      338 8 UPI BONN German Chancellor Helmut Kohl's Bavarian allies, smarting from accusations of influence-peddling, have taken a fighting stand, claiming their critics had engaged in a campaign of calumnies. "I may be standing in the fire, but 1 am standing," Bavarian Prime Minister
      UPI  -  338 words
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      40 8 The Natural Salesman sells effectively in the right media and the right company. Classified the people finder. THE STRAITS TIMES THE SUNDAY TIMES JUSINESS TIMES THE NEW PAPER LIANHE ZAOftAO UANHE WAN RAO SHINMIN QAIIV NEWS fcERITA HARIAN RERITA MINGGU
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      123 8 if! Flavours Why settle for hotel? All of the Best Westerns in are independently owned and operated, so they reflect the of the cities they And only the largest hotel chain in the world can offer you a single number to book 3,365 different hotels a single source for information
      123 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Inchcape selling all timber operations for $55.6m
      445 9  -  Group to focus on other areas, such as distribution of cars, marketing By Lee Han Shih SINGAPORE Trading group Inchcape Bhd will sell all its timber operations, once a core business but now a lossincurring concern, to a business associate for $55.6 million.
      445 words
    • Article
      UIS reports 9 pc rise in net earnings
      365 9  -  By Quak Hiang Whai SINGAPORE United International Securities, the closed-end investment arm of the United Overseas Bank Group, said net earnings for 1992 rose 9 per cent to $2 million from the previous year. Total income, made up mainly of interest and
      365 words
    • Article
      Diversified shipyard stocks hold greater attraction in medium term
      796 9  -  HOCK LOCK SIEW By Dexter Lee SINGAPORE Life at the shipyards in Singapore could get tougher before it gets better. The twin factors that squeezed shipyards' sales and earnings last year a weak world economy and higher vessel capacity remain. As
      796 words
    • Article
      NatSteel Electronics undergoes major revamp
      500 9  -  Changes at top management level By William Chia SINGAPORE Nat Steel Electronics, the loss-incurring electronics arm of diversified steel miller Nat Steel Ltd, has undergone a major shake-up with top level management changes. Nat Steel Electronics' managing director Yeo San Chew and finance director Yang
      500 words
    • Article
      DIVIDENDS ANNOUNCED
      297 9 Payment Ex Books Pay <%) date close date Avimo 20* F I2.5TE Feb 17 Mar 1 Apr 15 BAT 21* F 119 Mar 23 Mar 29 Apr 6 Beija>a (iroup 1 4 Mar 18 Apr 2 Apr 15 Berjaya Ind 1 3 Mar 4 Mar 18 Apr 8
      297 words
    • Article, Illustration
      Lock icon SUMMARY
      357 9 Source: Bridge Info Performance of STII's index stocks Feb 25 U»t Sent* Ia4e* Stork talc ChM factor mo* en (S) (V) Amnio 1 9)0 -0 030 1 60 -12.50 CAC 7 700 0050 6 34 2083 Cerebo* 4 960 0020 4 08 8 33 (-AN II 800 0 300
      Source: Bridge Info  -  357 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon MUM's gain from Innovest divestment
          119 10 MBT KUALA LUMPUR Malayan United Manufacturing (MUM) expects an extraordinary gain of M 55.6 million (553.5 million) for the group following the disposal of 35.79 million shares representing 19.8 per cent stake in Innovest. The company said that its group net tangible assets for the
          MBT  -  119 words
        • Article
          Lock icon London & Pac posts 29pc higher profit
          77 10 London Pac posts 29pc higher profit MBT KUALA LUMPUR London Pacific Insurance Co has achieved a 29 per cent increase in group pre-tax profit to M 57.87 million (554.88 million) for the year ended Dec 31, 1992, from M 56.10 million in 1991. The increase was achieved on a M
          MBT  -  77 words
        • Article
          Lock icon Samanda unit in electronics venture
          84 10 Bernama KUALA LUMPUR Samanda Holdings Bhd yesterday said that its subsidiary, General Aluminium Works (M) Sdn Bhd, has entered into a joint-venture agreement to manufacture and market electronic discharge products. In a statement here yesterday, Samanda said the parties in the joint-venture company, QPA Sdn
          Bernama  -  84 words
        • Article
          Lock icon Lim Kim Hai's profits up 17pc
          83 10 Bernama KUALA LUMPUR Lim Kim Hai Holdings (M) Bhd has turned in a 17 per cent rise in pre-tax profits to M 56.79 million for the half year ended Dec 31, 1992, from M 55.81 million previously. Its turnover rose 32.4 per cent to
          Bernama  -  83 words
        • Article
          Lock icon Leisure Mgt profit jumps 99.7pc
          86 10 Bernama KUALA LUMPUR Leisure Management Bhd has reported an impressive 99.70 per cent jump in its group pre-tax profit to M 546.98 million (5529.13 million) for the year ended Dec 31, 1992 from M 523.53 million in the previous corresponding period. Its turnover went up
          Bernama  -  86 words
        • Article
          Lock icon Olympia to raise stake to 80pc
          53 10 Bernama KUALA LUMPUR Olympia Industries Bhd said it has proposed to raise its stake in United Malaysian Properties Sdn Bhd (UMP) to 80 per cent by acquiring another 537,000 shares of Msl each representing 35 per cent of UMP's equity for M 53.5 million
          Bernama  -  53 words
        • Article
          Lock icon Bangkok Bank doubles capital
          78 10 AFP BANGKOK Bangkok Bank Ltd said yesterday that it will double its registered capital to 20 billion baht (551.28 billion) and change its name to Bangkok Bank Public Company Ltd. The action was taken on Wednesday at the bank's shareholders' meeting here. The bank decided to
          AFP  -  78 words
      • Article
        OUB, 2 other banks to finance Low Keng Huat's Viet project
        464 10  -  By Conrad Raj SINGAPORE Three banks, including Singapore's Overseas Union Bank (OUB), will finance a US$l7 million (5527.9 million) hotel project in Vietnam involving listed contractor Low Keng Huat. The loan syndication, which will be signed today in Ho
        464 words
      • Article
        QAF subsidiary in bun and pastry venture
        147 10 SINGAPORE A whollyowned subsidiary of QAF Ltd, Ben Foods (M) Sdn Bhd, has entered into a joint-venture agreement to make Chinese buns and Oriental pastries for sale and distribution. The partner in the 50-50 joint venture is Fortune Parade Patisserie Sdn Bhd. QAF
        147 words
      • Article
        Lock icon Fima Metal Box to gain M$42m from sale of stakes in three units
        301 10 MBT KUALA LUMPUR Fima Metal Box (FMB) plans to divest its entire interests in three subsidiaries, namely Metal Box (Malaysia) (MBM), Malaysian Can Co (MCC) and Plasticon (Malaysia), for a total of Ms 94 million (SSSB million)
        MBT  -  301 words
      • Article
        Hai Sun Hup to pay US$4m for containership
        255 10 SINGAPORE Marinebased Hai Sun Hup Ltd has agreed to buy a small containership for US$4 million (556.56 million) as part of its fleet expansion programme. The company signed a memorandum of agreement to acquire the Oxford, a 12-year-old vessel which can carry
        255 words
      • Article
        Lock icon Sembawang Maritime expected to post poor results but rebound in sight
        587 10 MARKET WATCH Bloomberg Business News SINGAPORE When Billy Lee signed on as managing director of Sembawang Maritime Ltd (SML) a year ago, he quietly pledged to clean house. When SML reports its 1992 earnings today, investors will learn just
        Bloomberg Business News  -  587 words
      • Article
        Lock icon Magnum earnings jump 48 per cent
        272 10 MBT KUALA LUMPUR Magnum Corp, helped by overall improvement in its operations, recorded another impressive performance for the year ended Dec 31, 1992, when it registered a group pre-tax profit of M 5310.21 million (*****.3 million). This was 48.27 per cent higher than the
        MBT  -  272 words
      • Article
        Scotts turns in 19.8pc rise in interim profit
        395 10  -  By Sylvia Wong SINGAPORE Scotts Holdings Ltd's interim earnings rose 19.8 per cent to $2.90 million for the six months to Dec 31, 1992, on a 24.3 per cent increase in turnover to $26.14 million. The property-based group said yesterday that the
        395 words
      • Article, Illustration
        Lock icon ICI plans fresh start with split into two listed companies
        422 10  -  From Ray Heath in LONDON BRITAIN'S largest company, Imperial Chemical Industries (ICI), has decided that smaller is beautiful. The group plans to split itself into two listed companies, both of which will be heavyweight players in the chemicals and pharmaceutical
        Reuter photo  -  422 words
      • Article
        Lock icon Larut, Talam shares surge on China deal
        216 10 Reuter KUALA LUMPUR Shares of Larut Consolidated Bhd and Talam Corp Bhd surged on the Kuala Lumpur Stock Exchange yesterday after the companies said they had both bought stakes in a Hongkong firm that ran gaming operations in China. Larut finned to M
        Reuter  -  216 words
      • Article
        Lock icon China's Shougang to buy into HK firm
        235 10 Bloomberg Business News HONGKONG One of China's largest state-owned enterprises is buying a 22.83 per cent stake in Eastern Century (EC), a Hongkong metals and minerals trader and processor, EC said in a statement. The total value of the transaction will be HK$
        Bloomberg Business News  -  235 words
    • FINANCE & COMMODITIES
      • Article
        KL gives five Japanese banks mandate to raise 24b yen loan
        413 11  -  New funds will refinance a 1985 Samurai bond By Quak Hiang Whai SINGAPORE The Malaysian government has given five Japanese banks the mandate to raise a 24-billion-yen (***** million) loan to refinance its 1985 Samurai bond. The five banks
        413 words
      • Article, Illustration
        Lock icon KL central bank will not intervene in downward movement of lending rates
        474 11 Bernama KUALA LUMPUR Although base lending rates (BLRs) have been dropping over the past two months, the Malaysian government has reiterated that it will not interfere in their movement. "The government would leave the direction of BLRs to
        Bernama  -  474 words
      • Article
        Lock icon European currency turmoil boosts banking business
        223 11 Reuter BASLE Turmoil in currency markets due to a crisis in the European Monetary System revived international bank business in the third quarter of 1992, the Bank for International Settlements (BIS) said yesterday. But because of the special factors, the BIS said the developments
        Reuter  -  223 words
      • SMALL CHANGE
        • Article
          Lock icon Jakarta-Bonn accord on loans, grants
          82 11 AFP JAKARTA Indonesia and Germany signed an agreement here yesterday on loans and grants totalling 110 million marks (S$ 111 million) and another covering cooperation on the environment. Under the first agreement, Germany pledged an 84.4-million-mark soft loan and a 25.6-million-mark grant to improve the
          AFP  -  82 words
        • Article
          Lock icon Taiwan post office restrictions lifted
          76 11 Knight-Ridder TAIPEI Taiwan's Central Bank of China yesterday lifted restrictions on the post office to allow it to use its savings deposits freely, as money supply growth rates have stabilised, the bank said. The post office holds Taiwan's largest savings, which see an average monthly
          Knight-Ridder  -  76 words
        • Article
          Lock icon Wing Lung Bank profit rises 28pc
          82 11 Bloomberg HONGKONG Wing Lung Bank, one of the oldest local Chinese banks in Hongkong, said its profit after taxes and transfers to inner reserves climbed 28 per cent to HKS39I million (SSB3 million) in the year ended Dec 31. Last year, the Development Bank
          Bloomberg  -  82 words
        • Article
          Lock icon Toyo Trust names new president
          42 11 Bloomberg TOKYO Toyo Trust Banking, the fifth-ranked trust bank in Japan, said yesterday Nobuyoshi Takeuchi will replace Mitsuo Imose as president. The new president will assume his post on March 25. Mr Imose will become chairman. Bloomberg
          Bloomberg  -  42 words
        • Article
          Lock icon Spanish interest rate cuts ruled out
          78 11 Knight-Ridder MADRID Bank of Spain governor Luis Angel Rojo said lower Spanish interest rates would produce more problems than they would solve, in statements reported in yesterday's press. Speaking on Wednesday in the Lower House of Parliament, Mr Rojo warned of the "dangers" of
          Knight-Ridder  -  78 words
      • Article
        Japan's LTCB to increase stake in Indon finance company
        359 11  -  By SN Vasuki SINGAPORE The Long-Term Credit Bank of Japan (LTCB) is substantially increasing its equity holding in an Indonesian finance company, PT Multinational Finance Corporation, by acquiring stakes currently held by the Royal Bank of Scotland and Jardine Fleming. The
        359 words
      • Article
        Lock icon BOJ pushing banks to shed bad loans
        275 11 Knight-Ridder TOKYO The Bank of Japan is quietly pushing banks to write ofT non-performing loans, seeing them as a major threat to Japan's economic recovery, sources close to the central bank say. The BOJ fears the impact of its monetary policy will not
        Knight-Ridder  -  275 words
      • Article
        Futures prices stable as Opec output cuts loom
        327 11 Bloomberg ENERGY REPORT LONDON Oil futures prices in London and New York were largely stable yesterday as the time for output cuts agreed by Opec approached. The 12 Opec oil ministers agreed on Feb 16 to set production at 23.582 million barrels
        327 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        162 11 Another non-event day with narrow trading ranges all round. Lack of corporate interest and absence of fresh news contribute to general market lethargy. The US dollar opened at 1.6407/12 against the Singapore dollar, and this was effectively the range for most of the day. Interest
        162 words
      • Article
        Lock icon London
        189 11 Reuter LONDON The dollar was stable around 1.63 marks yesterday but European currencies turned volatile against a background of political and economic uncertainty. A meeting of finance ministers of the Group of Seven (G7) major industrial nations tomorrow weighed on the markets although G7 officials have sought to play
        Reuter  -  189 words
      • Article
        Lock icon New York
        83 11 AFP NEW YORK The dollar rose against other major currencies except the yen in New York yesterday in quiet early trading. The dollar was trading at 1.6330 German marks against 1.6270 at Wednesday's close but slipped to 117.50 yen from 117.54 yen. Earlier in London the dollar had
        AFP  -  83 words
      • Article, Illustration
        Untitled
        1481 11 I node-HHfhial imie\ lukuhtnJ attains S 'piirr 'i lip 14 troJmt partner* Ibt year /W? US$/S$ forward rates Noon Feb 23 ss Bid Offer 1-month 1.63*2 ***** 2-month 1 6369 1 63M 3-month 1.6359 1.6374 6-month 1.6328 1.634* Source: OCBC FOREIGN CURRENCY NOTE RATES At at 10am yesterday: Singapore dollars
        1,481 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen ends lower, Nikkei futures ease
        1454 12 SIMEX REPORT Reuter SINGAPORE Simex Euroyen interest rate futures finished easier yesterday, pressured by profit-taking and steady to firmer short-term interest rates. But undertones remained firm, bolstered by expectations of potential credit easing by Japan's central bank, dealers said. Strength in the Japanese government
        Reuter  -  1,454 words
      • Article
        KL tin firms three sen in line with sentiment on LME
        1012 12 COMMODITIES REPORT Tin TIN price on the Kuala Lumpur Tin Market rose three sen to close at MS 14.82 per kg on sellers' reserve. Traders said the market was firmer in line with sentiment on the London Metal Exchange
        1,012 words
      • Article
        COMMODITY PRICES
        1811 12 Rubber Feb 25 RAS Commodity Exchange (futures closing as at 1pm) RAS (ptiyskai prices) RSS 1 Contract (S cents/kg) Ac at 1? awwvia Buyers Setters /C ,vnli/Lot Close Volume Open AS 9 x A iwon cenivkg; Month High Low Sett (tonnes) Interest KSS 2 Mar 93 139.00 I
        1,811 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1206 13 +2.1 Stocks finished slightly higher on a late surge, lifted from morning lows by opposition suggestions of lower interest rates if it wins the March 13 election. Brokers said the market was rescued from lethargic morning trade after opposition Treasury spokesman Peter Reith said policies of the Conservative coalition
        1,206 words
      • Article
        Taipei
        667 13 107.38 The stock market closed at its highest level since last July, boosted by a late wave of buying of financial shares. The Weighted Index surged 107.38 points to end at 4,156.88, with the financial sector up 5.3 per cent. Turnover was an active NTS4O.S billion against Wednesday's NT542.7
        667 words
      • Article
        Seoul
        391 13 -17.20 Across-the-board selling pressure pulled the stock market down in slow and featureless trading. Dealers said investors ignored the inauguration of President Kim Young Sam and saw no fresh news to boost their already lagging sentiment. The index fell 17.20 points to 655.61 with 23.40 million shares valued at
        391 words
      • Article
        Untitled
        442 13 Manila Feb 24 Hew VWUIV' I IKp 1 M41 \bs-< bs n« i \k..«nPet 041 <"M *4n«i Vlcorn Pet B <M5 (n2 ***** \ntk PhiU Ml 020 unch riui \pe« Mining 010 4 (101 I400H \pet Mining B ON -001 1000 MlattoncA IOOOO unch i iini B 26 000 AllacFcrA
        442 words
      • Article
        New Zealand
        357 13 -5.57 The share market closed weaker after retracing early gains in a mixed market in which strength in energy stocks was a feature. However, weakness in key leaders dragged the NZSE Capital Index down 5.57 points to 1,565.61 at the close after being up eight in the first
        357 words
      • Article
        Bombay
        99 13 +48.81 Stock prices staged a rally after the government arrested top leaders of a rightwing opposition party who had planned a huge political rally in New Delhi. Brokers said the arrest of Hindu revivalist Bharatiya Janata Party's leaders had caused uncertainty at first. Prices softened mid-way through trading but
        99 words
    • WORLD STOCK MARKETS
      • Article
        London
        779 13 11.7 A sharp afternoon rise in ICI helped drive the FTSE index of leading shares up 11.7 points to close at 2,828.7. Volume at 4:30 pm was 615.3 million shares.compared with 589.3 million on Wednesday. A rise in FTSE futures also pulled shares higher. The March futures contract was
        779 words
      • Article
        Paris
        126 13 -8.75 The CAC-40 share index dipped 8.75 points to 1,944.64 on a fairly large volume of 2.95 billion francs yesterday. Traders said the market was consolidating after rising strongly in the past month on hopes of interestrate cuts and tax breaks for investors. Volume was boosted by profit-taking from
        126 words
      • Article
        Stockholm
        100 13 l.llpc Banking stocks continued to rally yesterday, helping the Stockholm bourse to a higher finish. Handelsbanken and pharmaceutical giant Astra took centre stage again and dealers said there was strong institutional interest, both domestic and foreign, in Handelsbanken. The all-share index rose 1.11 per cent to 983.51 points on
        100 words
      • Article
        Frankfurt
        182 13 14.67 Investors took advantage of the two-day slump in German share prices to boost their holdings of Cierman securities, share traders said. The market's rise was not based on any specific fundamentals. Rather, after this week's long-awaited consolidation, prices rose on the back of broad-based buying by investors still
        182 words
      • Article
        Brussels
        139 13 +0.01 Belgian shares closed a quiet session unchanged with re- tailer Delhaize recouping a fraction of its heavy recent losses yesterday. The Bel-20 index of leading shares closed just 0.01 points higher at 1,206.39 with 975 million francs worth of Belgian shares traded. Delhaize was the day's leading gainer,
        139 words
      • Article
        Milan
        186 13 +o.Blpc Italian shares closed firmer yesterday, helped by the strong performance of Fiat stocks, which shrugged off denials of a report the firm was about to sell a substantial stake in its car manufacturing division. Fiat shares fixed 4.9 per cent higher on a report in La Repubblica daily
        186 words
      • Article
        Amsterdam
        238 13 1.01 A good appetite for food and defensive stocks helped Dutch shares close firmer yesterday, as Unilever stole the limelight from Royal Dutch which released results. The food to detergents group, which hit a new 12month high yesterday, pursued a foray into uncharted territory to gain 2.50 guilders to
        238 words
      • Article
        Zurich
        237 13 -0.9 Swiss shares edged lower throughout yesterday's quiet session to close at the day's low. The SPI index closed 0.9 point lower at 1.265.9 and the blue chip SMI index fell 4.1 to 2.061.3. IX'alers said the market lacked buying factors while the chemical and pharmaceutical sectors came under
        237 words
      • Article
        Toronto
        308 13 +12.97 Stocks opened mixed in quiet dealings yesterday with little overt reaction to Prime Minister Brian Mulroney's resignation announcement on Wednesday, dealers said. The TSE-300 Index was off 1.64 at 3,464.11 on volume of 5.11 million shares valued at C 575.96 million. Advances outpaced declines 151 to 125, with
        308 words
      • Article
        New York
        854 13 +33.23 Wall Street share prices were little changed yesterday, with investors largely unaffected by news of a rise in new claims for jobless benefit in the second week in February. At 11 am, the Dow Jones Industrial Index was up 0.79 points at 3,357.29, with some 82 million
        854 words
      • Article
        Untitled
        567 13 Vienna wh TZ \k| 1010 uiwti Hjni \vMrM(Pl W 2 E \llgrm (Pt *S> VI lunghun/l lf>W« I cn/ing M I s InLim :»< t I I lolm Brlu 'M 4 Srfflpn* IW »> Siof ill < W Source: Z-Lan Bank Austria Nasdaq teb 24 +Z" \tMph < nuts B«r»inf
        567 words
      • Article
        Johannesburg
        316 13 -9 South African shares ended lower across the board in lacklustre trade on the Johannesburg Stock Exchange following overnight declines in New York and little fresh direction, dealers said. They said diamond giant De Beers' mixed performance ahead of results on March 9 was dampening activity and clouding direction.
        316 words
    • Article, Illustration
      Lock icon HONGKONG
      2927 14 Reuter SHARLS ended higher as the main index climbed above the 6,200 level but investors were cautious due to uncertainty over a political reform plan, brokers said. The Hang Seng Index advanced 26.19 points to close at 6,203.88 on momentum from Wednesday's late rebound. The broader All Ordinaries Index
      Reuter; Source: Bridge Info  -  2,927 words
    • Article, Illustration
      CHINA
      458 14 AFTER three days of profit-taking, the Shanghai A share market rebounded strongly yesterday. The 1,028.38-point surge of the A Index to 9,336.13 was mainly on the back of a rumour that several companies will announce their 1992 financial results on Saturday. The news attracted a number of bargain hunters
      458 words
    • Article, Illustration
      Lock icon TOKYO
      2522 14 Reuter STOCKS ended firmer on broad buying from public pension and insurance funds and late indexlinked buying. But trading was confined to narrow ranges as lingering worries over a bleak corporate profit outlook weighed on the market. "Public fund buying has been getting a bit aggressive as we go
      Reuter; Source: Bridge Info  -  2,522 words
    • Article, Illustration
      Lock icon BANGKOK
      1675 14 Reuter STOCKS lost ground in thin volume as selling on rumours about more share manipulation cases was augmented by heavy sales of Bangkok Bank Ltd (BBL), down two baht to 133, which announced a capital increase earlier in the day. The SET Index dropped 4.59 points to 954.53 on
      Reuter; Source: Bridge Info  -  1,675 words
    • Article, Illustration
      Lock icon JAKARTA
      848 14 Reuter STOCKS closed mixed in dull trade that brokers said would continue right through the Muslim fasting month of Ramadan. The Official Index closed at 300.22, up 0.41 point. Argha Karya fell ISO rupiah to 4.800 on turnover of 110.500 shares, while Pan Brothers rose 25 to 1,925 on
      Reuter; Source: Bridge Info  -  848 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2738 15 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Mclruptcx 50C iJ.OS.VOU) Pmad 16.295.000 KnenM Me .14 7 i voou fjhcr (iroop 10.6)0.000 lilns H i J Mc 10 007.000 VMDB SSc 6.4:2.000 Muln-PurpKM' 6.410.000 Mi Pat Ld 50c 5.930.000 Mcnangtorp 4.8*5.000 K.B(ofpn50c 4.700.000 Mi l 4.497.000 Sri
      Source: Bridge Info  -  2,738 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Index ends higher in feverish trade
        5121 15 Bernama KUALA LUMPUR Late afternoon prof-it-taking pared gains and led share prices here to close mixed yesterday. The KLSE Composite Index closed at the day's high of 638.83, up 4.61 points. The Industrial Index shed 0.62 of a point to 1,139.63 while the main
        Bernama; Source: Bridge Info  -  5,121 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon M'sian shares rise, local issues take a breather
        1112 16  -  By Paul Leo SINGAPORE The benchmark Straits Times Industrials Index eked out a 3.32point gain in late trading to end at 1,680.96, its third consecutive record close. In the last two hours of trading, investors started buying selected blue chips. Singapore shares
        Source: Bridge Info  -  1,112 words
      • Article, Illustration
        MUI
        71 16  -  HOT STOCK Quak Hiang Whai ON the monthly chart, MUI is pushing towards long-term resistance at $2, a figure it tested unsuccessfully in early 1990. The stock has been on a rising path since early 1991 and the chances of breaking S2 look good since the upward trend still
        71 words
      • Article
        Untitled
        5929 16 MAIN BOARD Gr Gr 1992/93 Laat Vol Day Um W» Dh YW N« M Cap Htfh Ln Compaay Sal* (H00) High Lam Buyer S«ta Or P/E INDUSTRIAL AND COMMERCIAL 344 170 Acma 336 2 172 340 328 336 338 12.2 2.1 3.6 19.4 207.6 210 210 a Ale* Hklcs 50c
        5,929 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      9 9 Market Watch: Sembawang Maritime's rebound in sight, Pg 10
      9 words
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      Page 9 Advertisements Column 2
      209 9 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER Of LIAN FIA (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act. Cap 50
      209 words
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      Page 9 Advertisements Column 3
      373 9 In the Matter of The Companies Act, Cap. SO and In the Matter of K.L. MANUFACTURING PTC LTD (In Members Voluntary Liquidation) FINAL MEETING NOTICE 16 HEREBY GIVEN our suant to Section 308 ol the Companies Act. Cap 50 that the FINAL GENERAL MEETING of the Members of the abovenamed
      373 words
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      Page 9 Advertisements Column 4
      294 9 The Companies Act, Cap 50 Shun Ho Investments (S) PteLtd (In Members' Voluntary Liquidation) At a general meeting of Shun Ho Investments (S) Pte Ltd duly convened and held on 19 day of February 1993 the following resolution was passed: Special Resolution That the Company be wound up voluntarily pursuant
      294 words
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      Page 9 Advertisements Column 5
      361 9 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF CENTURY LEATHER (S PORE) PTE LTD NOTICE OF SPECIAL RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP (PURSUANT TO SECTION 2*o) At an Extraordinary General Meeting of the members of Century Leather (S pore) Pie Ltd duly convened and
      361 words
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      Page 12 Advertisements Column 1
      646 12 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 ALCAN AUSTRALIA LTD USD 175,000,000 Transferable Loan Certificate Facility Agreement Dated 23rd December, 1991 In accordance with clause 14 of the Terms and Conditions of the Transferable Loan Certificates (the "TLC's") notice is hereby given that the rate of interest in
      646 words
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      Page 12 Advertisements Column 2
      19 12 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 13 Advertisements Column 1
      39 13 The Manila stock market was closed for a public holiday ROY EASTERN WATCH *01 74 LI C l' I k> I y K MALI I'l i < 5139 DELI XI. EASTERN WATCH CI VI Rl PO N I'KL 235 2536
      39 words
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      Page 15 Advertisements Column 1
      29 15 All ouTMtt and bonds art Inted in StN pagr Is Metroplex's price rally over? Is the yen's rise over? Find out in PERSONAL FINANCE INVESTMENT. Tomorrow in Business Times
      29 words
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      88 16 BlancpaiN Since 1735 there has NEVER BEEN A QUARTZ BLANCPAIN WATCH And there never will be Singapore THE HOUR CLASS Lucky Pla/a Tel 7 *****0/1 Scotts Tel 21Vrt27'7IWt» Centrepoint Tel 7*41 V*W>oi Peninsula Plaia Tel JJ7BJWMBV>6J World Trade Centre Tel *****07 Palais Renaissance Tel *****62/14} Raffles Tel U***** Changi Airport
      88 words
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  • SPORTS
    • Article, Illustration
      Lock icon Ballesteros eyeing victory on course he designed
      299 17 Golf AP CHICLANA, Spain Spaniard Seve Ballesteros, still fighting a year-long slump, hopes a seaside course of his own design will provide the torque to sling-shot him to victory in this week's Turespana MastersAndalucia Open. He designed the 6,380 m Novo Sancti Petri
      AP  -  299 words
    • Article, Illustration
      Lock icon England soccer great Bobby Moore dies of cancer
      587 17 UPI LONDON Bobby Moore, the ttnly man to ever captain England to the World Cup soccer title, died on Wednesday of liver cancer. He was aged 51. Moore indelibly earned his place in English sporting folklore when he led the national team
      UPI  -  587 words
    • Article, Illustration
      Lock icon Aussies up in arms over new names for rugby positions
      594 17 Rugby Reuter SYDNEY It's official. A fly half, not a stand-off or fiveeighth, now plays outside a scrum half not a halfback on a rugby field whether at Twickenham, Eden Park or Pare des Princes. Gone too are the terms
      Reuter  -  594 words
    • Article, Illustration
      Lock icon Great form, great style
      30 17 Reuter MILWAUKEE, Wisconsin New York Knicks forward Charles Smith slam dunking a field goal in the Knicks' NBA game against the Milwaukee Bucks on Wednesday. Reuter
      Reuter  -  30 words
    • Article, Illustration
      Lock icon Owner George Steinbrenner returning to New York Yankees
      356 17 Baseball AP NEW YORK Hold on baseball, the Boss is back. The game is struggling with soaring salaries and the threat of sagging television dollars. There is no commissioner, labour and management keep squabbling. Into it all rides George Steinbrenner. the owner
      AP  -  356 words
    • SIDE LINES
      • Article
        Lock icon Allenby takes two-shot lead
        112 17 AP SYDNEY Robert Allenby shot a course record 9-under-par 63 yesterday, taking a two-shot lead after the first round of the U*****,000 Canon Challenge golf tournament here. Allenby won a dramatic shot-making duel with playing partner Peter Senior, who shot a 65 and stood second, one
        AP  -  112 words
      • Article
        Lock icon Austin on the comeback trail
        103 17 Reuter INDIAN WELLS, California Tracy Austin spiced her comeback with an impressive 6-2 2-6 6-3 upset of second-seeded Katerina Maleeva of Bulgaria in the U*****,000 Evert Cup on Wednesday. Top-seeded Mary Joe Fernandez of the United States finished her rain-delayed second-round match by defeating countrywoman
        Reuter  -  103 words
      • Article
        Lock icon World champ Zhao quits individual play
        96 17 Reuter BEIJING China's world champion badminton player Zhao Jianhua, injured and disappointed at his poor Olympics showing, has quit individual play, the official China Sports Daily said yesterday. Zhao, who failed to make any finals at the Barcelona Olympics, has decided to play only
        Reuter  -  96 words
      • Article
        Lock icon Asian baseball meet starts today
        90 17 AP PERTH Olympic medalists Taiwan and Japan head an entry of seven teams for the 17th Asian baseball championships, which start today and continue through March 7. The top four finishers in the event will qualify for the world championships to be held in Nicaragua
        AP  -  90 words
      • Article
        Lock icon Jordan's ankle injury not serious
        77 17 AFP DEERFIELD, Illinois Michael Jordan suffered only a moderate sprained ankle in the Chicago Bulls' National Basketball Association game against Milwaukee, Bulls officials said here on Wednesday. Though Jordan limped away from the game on crutches, tests and X-rays showed no sign of ligament or
        AFP  -  77 words
      • Article, Illustration
        Lock icon Injured Christie abandons season
        59 17 Reuter LONDON Olympic 100 m gold medalist Linford Christie (above) announcing at a press conference on Wednesday that he had been forced to abandon the rest of the indoor athletics season after suffering a back injury. Christie was due to make his domestic seasonal debut at
        Reuter  -  59 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        72 17 Reuter NEW YORK Results of games played in the NBA on Wednesday: Boston Celtics 103 New Jersey Nets 88; Miami Heat 102 Portland Trail Blazers 91; Atlanta Hawks 132 Philadelphia 76ers 107; Washington Bullets 105 Indiana Pacers 101; Seattle SuperSonics 89 Minnesota Timberwolves 77; Denver Nuggets 113 Dallas Mavericks
        Reuter  -  72 words
      • Article, Illustration
        Lock icon Cricket
        106 17 Reuter CHRIS ICHLRCH, New Zealand Scoreboard on the first day of the first cricket test between Australia and New Zealand at Lancaster Park on Thursday: Australia first innings D Boon c Pa rare b Owens 15; M Taylor c Crowe b Mornson 82; J Langer not out 63; M
        Reuter  -  106 words
      • Article, Illustration
        Lock icon Golf
        51 17 AP SYDNEY I reading scores after Thursday's first round of the *****5.000 Canon Challenge (par--72, players are Australian unless stated): 63 Robert Allenby 65 Peter Senior 66 Tod Power 67 Brad King. Wayne Stewart. Jamie Taylor 68 Paul Moloney. Brad Andrews. Richard Green. Simon Owen (NZ). Stuart Appleby. Glenn
        AP  -  51 words
      • Article, Illustration
        Lock icon Ice hockey
        33 17 Reuter NEW YORk Results of NHL games played on Wednesday: Buffalo Sabres 10 Detroit Red Wings 7; Philadelphia Fivers 5 Hartford Whalers 2; Vancouver Canucks 5 New York Rangers 4. Reuter
        Reuter  -  33 words
      • Article, Illustration
        Lock icon Soccer
        221 17 AFP, Reuter Results of European World Cup qualifiers Wednesday: SEVILLE, Spain Spain b Lithuania 5-0 in Group Three. Standings (played, won, drawn, lost, goals for, against, points): 1. Spain 6 3 3 0 13 09 2. Ireland 4 2 2 0 6 0 6 3. Northern Ireland 5 2
        AFP,; Reuter  -  221 words
      • Article, Illustration
        Lock icon Table Tennis
        95 17 AFP CHARLEROI, Belgium Sweden beat Belgium 4-2 in the first leg of the European superleague final on Wednesday. Singles: Jean-Michel Saive (Bel) b Peter Karlsson (Swe) 2-0 (21-19, 21-14); Philippe Saive (Bel) b Jan-Ove Waldner (Swe) 2-1 (18-21. 21-15, 21-15); Jorgen Persson (Swe) b Frederic Sonnet (Bel) 2-0
        AFP  -  95 words
      • Article, Illustration
        Lock icon Tennis
        396 17 AFP AP AP AP INDIAN WELLS, California Results Wednesday in the L' *****,000 Evert Cup women's tournament. Singles, 2nd rd: Mary Joe Fernandez (US xl) b Julie Jensen (US) 2-6. 7-6 (7/4). 6-2; Tracy Austin (US) b Katenna Maleeva (Bui x 2) 6-2. 2-6. 6-3; Magdalena Maleeva (Bui x
        AFP; AP  -  396 words
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      1011 18 Nothing Beats A BikT HHVr'ifll where t w|ne d,ne and entertain OF 'Time o p*ti Penang High Tea A.t only $11.80 per adult and $6.80 per child, The combined experience of inclusive of coffee/tea, this is our Penang chefs total 80 one high tea with a years to bring you
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      Page 18 Advertisements Column 2
      309 18 I I Fancy Beijing? 1 Then, we're delighted to suggest^^^y^^ J memorable dining experience. J Try our Beijing specialities such as I Baked Tench, Beijing Duck and J Marinated Lamb and our lunch menu of I Beijing dian xin. tHai I*! To add to your enjoyment, all these are well
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Eric Clapton bags 6 honours
      915 19 35th annual Grammy Awards AP British rock legend Eric Clapton, virtually ignored by Grammy voters for much of his career, triumphed at the 35th annual Grammy Awards with six honours Wednesday, including record and song of the year tor Tears in Heaven and album ot
      AP  -  915 words
    • Article, Illustration
      Lock icon Jacko speaks up ... at last
      326 19 Jacko speaks up at last AP AFTER a decade of keeping his thoughts to himself, Michael Jackson has started to talk and talk. Two weeks after baring his secluded soul to Oprah Winfrey, the newly accessible superstar was at it again, accepting a Grammy Legend Award on Wednesday night and
      AP  -  326 words
    • Article
      Eastwood on site search for Costner movie
      325 19 CHATTERBOX CLINT EASTWOOD is scouting locations for a movie he plans to direct this spring starring Kevin Costner as an escaped convict who is tracked down by a sheriff played by Eastwood. Eastwood and longtime partner and producer David Valdes were looking around
      325 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      101 19 PROMOTION Ist to 28th Feb '93 Vulaitmr's fXii/' Let \ishiki enhance the taste of the Kobe Beef the way you choose. Sashimi $35 per portion Teppanyaki $75 per portion Shabu-Shabu $65 per portion For reservations, please call our Restaurant Manager at 122 4224 (Direct) or 221 2811. f )ur rrvl.iuMnh
      101 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Page 19 Miscellaneous Column 1
      1261 19 I TV RADIO jw •yr*' v»> A Nightmare On Elm Street 5: lI a i The Dream Child, 11.00pm, ->4 i sbc 5 Surviving Nightmare IV does jjr not guarantee a happy ending ImIM P as Alice (Lisa Wilcox) soon rk finds out when Freddy Krueger p if f»» tries
      1,261 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Lock icon 4As to form company to look after its interests
      350 20  -  Hong Lee Tiam finds out more about its plans Hong Lee Tiam THE Association of Accredited Advertising Agents of Singapore (4As) is setting up a company to look after its members' legal problems, help raise industry standards and face regional challenges.
      Photo by Chris Loh  -  350 words
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      Lock icon A matter of basic instinct
      840 20 A survey highlights the concerns of the marketing community THE biggest single challenge facing the international marketing community in 1993 is basic: survival. Many marketing, agency and media executives feel battered by weak economies, heightened ad regulations and increasingly tough competition. And they say there
      Source: Advertising Age International  -  840 words
    • COPY LINES
      • Article
        BSB to manage Pizza Hut ads
        56 20 SINGAPORE Cerebos Restaurants Division has announced that Backer Spielvogel Bates (BSB) will manage the advertising and promotion programmes for its Pizza Hut franchises in Singapore and Malaysia. In Asia, BSB also manages the Heineken account for the entire Asia-Pacific region out of Singapore and
        56 words
      • Article
        Kellogg's free health update
        59 20 SINGAPORE A free quarterly nutrition newsletter has been created by cereal company Kellogg's. The publication, Update, aims to provide up-to-date information on nutrition in the Asia-Pacific region. Nutritionist Julie Howden, guest speaker at the launch of the newsletter last week, said it would help ensure that
        59 words
      • Article
        Lintas' Volvo ad wins top prize
        69 20 SINGAPORE The top prize in the Reader's Digest Asian Pegasus Awards has been won by Lintas for its ad "Volvo drivers deserve to be caged". Batey Ads Pte Ltd's "Surprising Singapore" ad for the Singapore Tourist Promotion Board won third prize. The awards are
        69 words
      • Article
        The Car Shop offers free taxi service
        60 20 SINGAPORE Local autogrooming company The Car Shop is offering a free cab service to its customers who are leaving their cars with it. Under the service, launched on Feb 23, customers who spend more than $100 are entitled to a free cab ride
        60 words
    • Article, Illustration
      Wearing the Beverly Hills dream
      370 21  -  A local company is planning to feed ***** fever, reports Terence Lim Terence Lim SINGAPORE youngsters should soon be able to dress like their idols in the teenage soap opera Beverly Hills ***** thanks to a local firm which plans to design and produce a
      370 words
    • Article
      Lock icon Cathay mounts hunt for new agency
      410 21 South China Morning Post CATHAY Pacific Airways, which claims to he the higgest promoter of Hongkong outside the territory. is seeking a new agency to mastermind its HKS2SO-mil-lion (SSS3 million) world-wide advertising account. Leo Burnett, which had handled the account for 10 years, has
      South China Morning Post  -  410 words
    • Article
      Lock icon Omni Hotels short-lists four for HK$10m ad account
      273 21 South China Morning Post OMNI Hotels Asia-Pacif-ic has taken presentations from four agencies for its HKS 10-million (SS2.I million) regional advertising account. The company is replacing its former agency Batey Ads, which has taken over Sheraton's advertising from DDB Needham in an
      South China Morning Post  -  273 words
  • Page 20 Advertisements
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      1134 20 j 3jf!K BANK OF INDIA (Constituted in India) r BALANCE SHEET AS AT 31ST MARCH 1991 rapitai.auabilities INDIAN RUPEES property a assets INDIAN RUPEES PAID UP CAPITAL CASH-IN HAND AND WITH RESERVE BANK OF INDIA (Wholly owned by the Central Govt) 3.590.000.000.00 STATE BANK OF INDIA (including foreign currency notes)
      1,134 words
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      Page 21 Advertisements Column 1
      244 21 TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 URA TO SELL SITES AT I KAKI BUKIT FOR HEAVY VEHICLE PARKING PAYA LEBAR a,rbase T v //wcS/ii The Urban Redevelopment Authority (URA) is offering for sale by public tender, two land parcels at Kaki Bukit Road 2 for heavy vehicle parking. Both
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      18 21 Find it in The Straits Times Classifieds where you'll always find good buys, everyday. 1 CAM. j 717-HX
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      Page 21 Advertisements Column 3
      244 21 NOTICE THE SI AM COMMERCIAL BANK, LTD. Negotiable Floating Rate United States Dollar Certificates of Deposit due in February, 1998 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the Interest Period from 26 February 1993 (inclusive) to 26 August 1993 (exclusive) the
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      Page 21 Advertisements Column 4
      89 21 Fll Bank Bumi Days U5570,000,000 Floating Rate Notes due 1995 acting through its Cayman Islands Branch In accordance with the provision of the Notes, notice is hereby given that for the interest period from 26 February 1993 to 31 August 1993 the interest rates and coupon amount are as follows:Tranche
      89 words
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  • Article
    Brighter skies for S'pore economy
    599 22 EDITORIAL THE dark clouds over the Singapore economy are clearing fast and some sunlight is streaming in. Government economic planners are clearly pleased that the worst appear over, and they showed it at last week's press briefing given by the Ministry of Trade and Industry.
    599 words
  • WHAT THE OTHERS SAY
    • Article
      Taiwan at the crossroads
      262 22 WHILE emotions over the Hongkong wrangling are barely spent, more sedate things have been happening in China's other "exile entity" of Taiwan which hint at how a future North Asia economic and power equation might emerge. On Tuesday, the Taiwanese legislature approved for the post of
      262 words
    • Article
      Germany-Singapore ties
      116 22 THE VISIT BY Chancellor Helmut Kohl to Singapore has strengthened the bilateral tics between the two countries. It also shows Germany's keen interest in East Asia, a region which holds the key to the Pacific Age. Germany cannot ignore East Asia despite the fact that it has to
      116 words
    • Article
      The National People's Congress
      181 22 THE GREATEST significance of the pending Eighth National People's Congress (NPC) is that Jiang Zemin will be attending it in his capacity as the president of China as well as the sccretary-gcncral of the Chinese Party of China (CPC). He will be the second Chinese leader
      181 words
    • Article
      Change in Thailand
      183 22 THAILAND, along with its Asean partners, has won few international admirers for its self-serving policy of helping to prop up the brutal and corrupt regime in Myanmar. Behind the facade of "constructive engagement" which Asean pretends will persuade the illegal rulers in Yangon to mend their oppressive
      183 words
    • Article
      The message is green
      240 22 IN SOME WAYS, the environment is nature's rations to sustain mankind. Indulge too much and too fast and man runs out of supplies. His one hope is in the replenishment of his reserves. Whether through a direct or indirect chain, every life form is linked in
      240 words
  • Article, Illustration
    Lock icon Leaving or left?
    857 22  -  Britain's Labour Party fears that recent management changes at the Daily Mirror indicate a shift to the right. Robert Woodward reports Robert Woodward Reuter FOR DECADES, the Daily Mirror, the first of the great popular newspapers of Fleet Street, has unswervingly supported the opposition Labour Party and
    Reuter  -  857 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      194 22 You've posted a manager to head your Tokyo office. The Straits Times Weekly Overseas keeps him posted. For other reasons, send in your subscription now. The Straits Times wtcktv KMTioM Making an issue of the major issues I N AIRMAIL SUBSCRIPTION RATES I I Addie* Cmmtrf* W redpimO UMki tMth
      194 words
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      Page 22 Advertisements Column 2
      39 22 Yourson is studying overseas. And you want him dose to home -with news from home. To your principals and business associates overseas, it's assuring that Singapore is great for business. The Straits Times Weekly is like a country report
      39 words
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      Page 22 Advertisements Column 3
      53 22 Someone dose has beeniving in Canada for some years. You've given up writing those long letters. The Straits Times Weekly tefls it better. (He might comeback after readhgal the good news.) You travel often on business and want to catch up on your return. The week's main issues are condensed
      53 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      77 22 I Vr*\ S\TirtMG I STiLLTWiMK KICJONG ftTtNCAN\ ustcn .fettsTou)... just 6€c*use\ PReTry J pvlong tvccorridor »s Pushing i cuose v —-~>T UJCX 6Pc< \T DoesH'T MgjKNi sou've J —N V M79A Q t AUOCUTED NVWWtoI LID IHJ DOONESBURY GARRY TRUDEAU HARRIS I VOU LEFT 111 IN6ARIY [TIT] I THEFZ UAS
      77 words
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  • ANALYSIS
    • Article
      Lock icon When a dose of realism is required
      890 23  -  Experts in Washington are sceptical about the promises being made in US President Bill Clinton's economic package, writes Michael Prowse Michael Prowse FT THE CLIN lON administration must be delighted by the reaetion of the US bond market to the economic package unveiled
      FT  -  890 words
    • Article, Illustration
      Lock icon The white knight of Thai politics
      2437 23  -  During a recent visit to Singapore, former Thai Prime Minister Anand Panyarachun spoke to Yang Razali Kassim and S N Vasuki about, among other things, life after politics S N Vasuki Yang Razali Kassim THAI intellectuals, perhaps all of Thailand, hold him up as
      Photo by Arthur Lee  -  2,437 words
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  • Article
    Lock icon Clinton's energy tax under attack, call for VAT instead
    485 24 Reuter WASHING lON President Bill Clinton's proposed energy tax is under sharp attaek by industry, law-makers and eeonomists who say a broad val-ue-added tax (VAT) would do far less harm to US competitiveness and the eeonomy. Senate Energy Committee chairman Bennett
    Reuter  -  485 words
  • Article, Illustration
    Lock icon US President endorses special ties with Britain
    466 24 Reuter WASHINGTON US President Bill Clinton has ottered British Prime Minister John Major a ringing endorsement of the "special relationship" with America's traditional ally Britain. Mr Clinton also said yesterday that he was not upset by a British records search last year in
    Reuter  -  466 words
  • Article
    Lock icon Beijing accuses US of hegemonism over human rights report
    188 24 AFP BEIJING The Chinese For- eign Ministry yesterday accused the US of trying to i pursue "hegemonism" in accusing other countries of violating human rights. Ministry spokesman Li Jianying called an American report on human rights submitted to the United Nations
    AFP  -  188 words
  • Article
    Sterling expected to fall even further against mark
    272 24  -  From Ray Heath in LONDON STERLING pulled away from new record lows yesterday afternoon as speculators cashed in short positions for profits. Against the German mark, sterling tumbled to 2.3147 marks before closing at 2.3375. But although the pound had recovered from
    272 words
  • Article
    Lock icon Conservatives set stage for showdown with Yeltsin
    372 24 AFP MOSCOW Russian lawmakers yesterday decided to call an emergency session of the country's highest legislature. setting the stage for a political showdown with President Boris Yeltsin over a controversial proposal to hold a constitutional referendum. Conservative deputies told the session of the
    AFP  -  372 words
  • Article
    Lock icon US, Russia call for M-E peace talks in April
    220 24 Reuter GENEVA The United States and Russia yesterday summoned Arabs and Israelis to a new round of peace talks in April and agreed to hold a first summit between presidents Bill Clinton and Boris Yeltsin on April 4. The agreement on
    Reuter  -  220 words
  • Article, Illustration
    The UN — membership has its responsibilities
    748 24  - The UN membership has its responsibilities The Bottom Line AM ROSENTHAL AM ROSENTHAL The writer is a columnist with the New York Times, where this commentary-first appeared. ONE day when the United Nations was young, a British delegate delivered a warning; This place is going to choke to death with
    748 words
  • Article
    Lock icon China blasts new Taiwan PM's dual recognition policy
    197 24 AFP BEIJING China yesterday launched a broadside against Taiwan's new Premier, Lien Chan, accusing him of undermining the cause of reunification and trying to promote separatism. "By pursuing so-called pragmatic diplomacy and dual recognition, the Taiwan authorities are actually trying to create
    AFP  -  197 words
  • Article
    Lock icon Taiwan to ease curbs on China business ties
    187 24 Reuter TAIPEI The Taiwan government yesterday approved plans to ease restrictions on business tics with China. The Cabinet's Mainland Affairs Council said Taiwanese companies will be permitted to liccncc technologies from Chinese firms and research institutes, while overseas branches of Taiwanese banks
    Reuter  -  187 words
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  • Shipping Times
    • Article
      KL proposes radar monitor system for Malacca Straits
      413 25  -  From Rahita Elias in KUALA LUMPUR MALAYSIA is proposing the launch of a radar surveillance system, operated jointly with neighbours Singapore and Indonesia, to monitor traffic through one of the world's busiest waterways the Straits of Malacca. Transportation Minister Ling Liong Sik
      413 words
    • Article, Illustration
      Lock icon Stricter marine safety rules needed: EC
      383 25 FT BRUSSELS The European Commission on Wednesday callcd for stricter implementation of international rules on safety at sea to prevent a repeat of recent oil tanker accidcnts. The Commission said it would introduce legislation before the end of the year which will oblige member
      FT  -  383 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1151 25 Page Col ABC Containcrline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 ASCL 5 5 Asian Breakbulk 16 5 ASXCLShpg 15 2 Avant Shpg 6 4/5 Avia Airways
      1,151 words
    • Article
      Orders for new ships still on despite business slowdown
      402 25  -  By Ramesh Divyanathan SINGAPORE New tonnage is still being ordered despite the lacklustre trading environment and ship operators are continuing to upgrade to larger vessels, according to editorial director Jane Boyes of Containerisation International Yearbook 199 J. Although this new tonnage
      402 words
    • Article
      Lock icon US, Russia governors back Bering tunnel plan
      217 25 AP ANCHORAGE, Alaska Governors on both sides of the ice-clogged Bering Strait support plans for a tunnel to link remote north-west Alaska and the Russian Far East. But a University of California engineer who studied the region said cold, winter darkness and earthquakes
      AP  -  217 words
    • Article
      Lock icon Yugoslav barges block Danube waterway
      240 25 AFP BUCHAREST Two Yugoslav river convoys were on Wednesday night blocking the Danube river on the Romanian border with Serbia, preventing all river traffic from passing, officials said. The convoys, comprising 12 barges, were arrayed sideways on the river at the Serbian port of Prahovo,
      AFP  -  240 words
    • Article, Illustration
      Lock icon Where smaller boxships mean bigger profits
      863 26 Even as containerised shipping becomes more sophisticated, Asian feeder operators discover the value of keeping vessels small Fairplay ON THE surface, 1992 was a good year for most companies involved in the containership sector. The fierce competition on the north Atlantic and the Europe/Australia
      Fairplay  -  863 words
    • Article
      DAILY FREIGHTS
      717 26 THE dry cargo freight market was fairly quiet on Wednesday with rates showing signs of stabilising after their recent upward trend. The Baltic Freight Index (BFI) was marked down by one point to 1,374 points, its first fall for three weeks during which time it has climbed from
      717 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      616 26 Carbon Feb 18 Density Water Residue Ash Akmnium Sedment M/M Exxon KG/M*3 V/V M/M M/M PPM method ISO/Cmac Lints Spec E25 991 1.0 15.0 0.10 30* 0 10* Spec G35 991 1.0 18 0 0.15 30* 0 10* Northern Euope 180 Ave 978 0.2 12.2 0.05
      616 words
    • Article
      TRANSPORT DIARY
      517 26 COURSES March 3-4: Aviation Safety Investigation Conference Singapore jointly organised by the Singapore Aviation Academy, Civil Aviation Authority of Singapore (CAAS), and The Federal Aviation Administration. USA. For more information, please call tel: 540-6209 or fax: 542-9890. Shipping courses organised by Singapore Port Institute. March 3-17 (5 evenings):
      517 words
    • Article
      THE SHIPPING GUIDE
      12026 34 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 P.N: ship calls at I'cnang after
      12,026 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        542 41 Vessel Voy No Berth Arrival Departive Vessel Voy No Berth Arrival 1 Depariue Jurong Port Longchuanfiang Mangal Desai New Splendor Paciro Garnet Star Gemah Ripah HHy Hwa Ren No 16 Hye Mieko Kinryu lion Valour Megah Seraya Mekar Indah Omadhoo Fort OUS N/B Pengadan Rachmanuel D Setia
        542 words
      • Article
        MALAYSIAN PORTS
        117 41 Penang Port h the roads: BG Soon Hock, Palm Sea Horse, Nagoya 2, Pen bunker, Hang Jun 4009, kran Maru 3002, Alam Teladan, Kasturi, Crane, Dassan, Yu Feng. Due on Feb 25: Shinyo Maru. Sin You, Eagle Sea, Pavlodar, Victory, Surya Indah, Qtng Chuan 3, MC Emerald, Kota
        117 words
      • Article
        CONTAINER SCHEDULES
        1738 41 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS S»P Voy No Container? avalable Ship Voy No Cent arm av liable Tulsidas 302N COO(EST) 26.02 93 0700 Equator Pnd 85 COO(EST) 25 02.93 1500 6 Seroia 2033 COO(EST) 2602.93 1200 Lhotse 436 COO(EST) 25 02 93 0700 Jaru Btium 65N
        1,738 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon French aeronautics chief warns Clinton against trade war
        280 44 AFP WASHINGTON The head of the French aeronautics association has warned President Bill Clinton that the US would be the big loser should it embark on a trade war with the European Community. "It will be the workers at Boeing and McDonnell
        AFP  -  280 words
      • Article, Illustration
        Lock icon Japanese car makers step up production drive in Europe
        387 44 NYT BURNASTON, England The Japanese car makers, having entrenched themselves in the US, are turning to what is perhaps the world's most hotly contested and most promising market: Europe. Following the same basic strategy that helped push their share of the
        NYT  -  387 words
      • Article
        Lock icon Senators propose McDonnell, Boeing tie up to fight Airbus
        253 44 Bloomberg Business News WASHINGTON Several senators on Wednesday proposed a researeh alliance of Boeing Co and McDonnell Douglas Corp as a way to help the US airplane manufacturers compete with Airbus Industrie, the European plane-making company. The alliance would focus on
        Bloomberg Business News  -  253 words
      • Article
        Hartrodt picks S'pore as base to strengthen presence in Asia
        395 44  -  By Ramesh Divyanathan SINGAPORE Germanybased international freight forwarder A Hartrodt plans to use Singapore as the base to strengthen its activities in Asia and increase the use of computers in its offices to raise productivity. The company's Singaporebased regional director
        395 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1347 44 City nw ETA n» |T0_ Abu Dhabi GA860 0025 GA970 0100 Adelaide Qf81 1935 QF82 2050 SQ227 2230 Amsterdam KL837 1545 GA890 0100 SQ323 1815 SQ320 1100 KL838 2350 Athem SQ348 2300 Auckland NZ35 1425 BAH 1340 SQ288 2045 SQ285 2115 BA12 2200 NZ36 2235 Bahrain
        1,347 words
      • Article
        Lock icon Creditors approve Continental's plan to reorganise
        175 44 AP HOUSTON Continental Airlines said on Wednesday that key creditors have »oted to approve the carrier's reorganisation plan, set for a confirmation hearing in federal bankruptcy court next month. Each of four classes unsecured creditors approved the measure by 74 per cent or more.
        AP  -  175 words
      • LOG BOOK
        • Article
          Lock icon Guangdong to open more ports
          102 44 AFP HONGKONG China's booming southern Guangdong province will open up more ports this year to cut down or at least limit road traffic with neighbouring Hongkong. The provincial government plans to open or build several medium-size ports in the Pearl River delta this year to
          AFP  -  102 words
        • Article
          Lock icon Haitian hijacker released on bail
          112 44 Reuter MIAMI The man accused of hijacking a planeload of missionaries from Haiti to Miami last week was freed on Wednesday on bond guaranteed by members of the Haitian exile community. Federal prosecutors dropped their opposition to releasing Woody Marc Edouard. although he will remain
          Reuter  -  112 words
        • Article
          Lock icon Dockers at Santos port on 24-hr strike
          105 44 Knight-Ridder SAO PAULO. Brazil All trade and commerce in the port city of Santos as well as the port itself will be halted for 24 hours from yesterday as dockworker unions and their allies make one last effort to block a contested ports
          Knight-Ridder  -  105 words
        • Article
          Lock icon B+H Maritime to sell bulkship
          75 44 Bloomberg Business News NEW YORK B H Maritime Carriers Ltd said it will take a U*****,000 (551.23 million) fourth-quarter charge to write down the value of its M/V Ocea bulk carrier. The company said it has a contract to sell the Ocea for U555.75 million.
          Bloomberg Business News  -  75 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      6 25 BusinessIT Every Monday in Business Times
      6 words
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      Page 25 Advertisements Column 2
      25 25 Lines and services nprtMiW b Members of the Registry of Accredited Shiwjig Ajwits, Singapore National Ship{•or wlvfrlising enquiries, contact Shipping I tows: lel 740 20H9/740-2090.
      25 words
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      Page 25 Advertisements Column 3
      267 25 Where smaller boxships mean bigger profits, Pg 2 French aeronautics chief warns Clinton against trade war, Back Page You've posted a manager to head your Tokyo office. The Straits Times Weekly Overseas keeps him posted. Your son is studying overseas. And you want him close to home -with news from
      267 words
    • Advertisement
      Page 25 Advertisements Column 4
      72 25 THE FAMOUS i o <«W WPJMb miMim* 224 1833 For more information please refer to Pg. 13 Someone dose has been Bving in Canada for some years. You've given up writing those long letters. The Straits Times Weekly tells it better. (He might comeback after reading ail the good news.)
      72 words
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  • Page 26 Advertisements
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      582 26 TOPAyS TIDES (heiflt in metres) HOUR 0000 0100 0200 0300 MOO 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1100 1900 2000 2100 2200 2300 2.3 2.7 2.7 2.6 22 1.6 1.1 0.8 0.6 0.6 0.9 1.4 2.1 2.5 2.6 2.5 22 1.7 U 0.8
      582 words
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      Page 27 Advertisements Column 1
      2663 27 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES *****11 BOOKINGS TEL: *****34 *****58/ *****40 AllMr CFS (PSA F5) TEL: *****21/ *****79 ■mmVi jardine shipping agencies son. bhd. pBAAAfIn PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Qua itv Service ipoh tel: *****3/4 fax:
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      1938 27 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 im uascl ARAB SHIPPING CO.(SAG) jig W To US East Coast «.«r I a I im I it I 1 »i I BM mam mm «/u i m m/m u/m u/m m sm mm 2V») m »/w a/M a* u ami mm
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      1264 27 MOVING AHEAD WITH YOU TO SOUTH AFRICA HAKATA V.9331F ETA SIN 3RD MARCH 1993 Vessel Voy ETA ETC Feedef t>» Sea Iw*/Aries DESTINATIONS tims Metie Mae<sk V 9304 1100 OS 2/3 0300 MBS JOH LPK PEN OAK LGB HOU SOO ATL MIA CHS BAI PHL NYC ARC TOR METTE MAERSK
      1,264 words
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      761 28 AQABA ROAM/ LE VOY NO S PORE JEDDAH (yia JED) S TON H BURG ANT HAVRE DRESDEN EXPRESS 09/307 27/2 8/3 14/3 17/3 19/3 21/3 23/3 L KAGA 28/108 4/3 21/3 24/3 22/3 PORT KELAN6 I PtftAlib LUDWIGSHAFEN EXPRESS 06/308 6/3 15/3 21/3 24/3 27/3 »'3 31/3 1 25/109 11/3
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      624 28 I FCL Breakbulk Service to: I AFGHANISTAN M&M Afghanistan Ltd., I Sole Foreign Forwarder in Kabul for all services I C.1.5.-Vootochny, Vladivostok, Moscow, Tashkent, I Kiew, Minsk, Riga, Baku I North Korea Vietnam Mongolia Hungary II CSFRt Poland ocT#Trans AGENCIES (FAR EAST) LTD I NOUAKCHOTT-BANJUL-BtSSAU-LUANDA-BATA I Feeder Veasel ITA SIN
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      1493 28 ¥alemm&ax& rnxmrn I^^^^^^H^^REGULARINDEPENDENTFULLCONTAINE^ERVIC^^^^^ N ,T* I JAPAN SEA 251 V* 26/02 18/03 19/03 22/03 23/03 24/03 25/03 26/03 27/03 I CHINA SEA 2521* 02/03 24/03 26/03 29/03 30/03 31/03 01/04 01/04 02/04 I NORASIA Al MUNTAZAH 9301-3 09/03 30/03 31/03 04/04 05/04 06/04 07/04 08/04 09/04 NORASIA SAMANTHA 9302-3 16/03
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      2014 29 B STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 tHsr sts shipping LW S&" 5 o« sM.s Jj CONTAINER BIRVICE TO CAMBOOIA RAJAH BttOOKE VO6l Mujn lab 23 26 Feb 23 Feb 27 Feb KRIS MADURA Vo4£ KK. Skin. Tia 25-27
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      Page 29 Advertisements Column 2
      2650 29 m SINGAPORE AGENT: o £v^ c P&O Containers (Singapore Agencies) Pte Ltd I (VI W 111 1H 1 1 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z EXPORT IMPORT MM————^—■ VOY r=S MM ALO SOU
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      757 30 I W eur6pe service li <v wt stok row MM mm "jjiMnl mmT KUTAI 27W8 69/3 4/4 9/4 H/4 14/4 ►TO AUSTRAifi— ■fcfWICOOTAfHEB EAST COAST PORTS Wl. fflf PKI SPORE STD MILB I BWS fltf OPCt mo mbtmlia 42s 3/3 2/3 19/3 22/3 it 3 60W< 03S 9/3 1, 3
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      Page 30 Advertisements Column 2
      2102 30 HANJIN SHIPPING mWI SM LVC HAUL SEA VCR FDR VSL S« 11 ME HAUI SAV UM NYC HANXN SEOUL 131E l 3 M. TONGHAE 099 C 25/3 2«/3 HAIUN SEOUL 131E l 3 H HONGKONG 034E 1/4 »/4 U/4 HANJIN KUANGYANG 099E 8 3 H. NEW YORK 048E 1/4 J/4
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      1248 30 FW lit WC HC PUS Ml OS* NGV SMZ 110 LAI OB ML HTC IHK MM KM TIT tOG PSD OB NIL SGP I lam RE 055 4/3 12/1 11/3 13/3 15/3 10/1 11/3 1S 3 20/3 223 2 4 14/4 10/4 17/4 27/4 21/4 2V4 30/4 1/5 11/5 21/5
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      1635 31 SCX: OOCL FORTUNE 39N' ETA SGP 03/03/93 II II II ARRIVING LOS ANGELES 21/03/93 IN 17 DAYS. Ml II II AEX: 'NEPTUNE RHODONITE 08E' ETA SGP 27/02/93 II II ARRIVING NEW YORK 22/03/93 IN 22 DAYS. II S II *R2 SCX: Connecting C. Jupiter ¥oy 621 in M 6 07/03/93
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      Page 31 Advertisements Column 2
      1167 31 iJ® SINSOV I SINGAPORE SOVIET SHIPPING CO PRIVATE LTD I BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 I BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 I KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 I PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 I MARINE INSURANCE SERVICE: *****87/ *****87 I (REGULAR INDEPENDENT SERVICE)
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      1414 32 v Q44 AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 Tml IT* MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD cioeocie TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA P.T.SARANALAUTINTERNUSA TEL: JKT *****76. *****77. *****08 wmmm kawasaki kisen
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      Page 32 Advertisements Column 2
      1134 32 PHI LI-OR It NT UN€S PT€ UP 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 QnQ BY AIR, LAND OR SEA.... dft > WE TAKE ON THE WORLD FOR YOU feUS MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION V9>r —{~AUSfRALIA/NEW ZEALAND/SOUTH PACIFIC FCULCL SERVICE
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      981 33 /ssssffff PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil street #03-00 PIL Building, Singapore 0106. I BSSSSO mJHV cn no iooeo67ooooe r—ucssei VOY SIN JKT SIN VESSEL VOY SIN BKK SIN KOTA INOAH 31t1 3/3 7/3 EQUATOR CRYSTAL 131N 27/2 2/3 6/3 BUNGA TERATAI 3193 2/3 5/2 9/3 SRISAMUT (THAI
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      Page 33 Advertisements Column 2
      1706 33 k)IKl?f« EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY "~C~ P GUDANG PENANG P KELANG" OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) E "26/2 26/2 2772 JUTLANDIA 3072 2/3 19/3 21/3 22/3 24/3 g 573 6/3 SELANOIA 3082 9/3 26/3 28/3 29/3 31/3 D "T2/3 12/3 13/3
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      Page 33 Advertisements Column 3
      303 33 BSA TRANSPORTATION M MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIf Pen P Gdt MYITKYMA V46SW tn Port HP* AN VISSW 27/1 Mir PAGAN VI94R 11/13 Mar MALAYSIA AGENTS BOUSTtAD SHPfWG ASENCES KUL ra. 03 *****00 PHI TEL 03 3M5767 PEN HI 04
      303 words
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      2828 36 Fall Container Liner Services A/em: */«><» General Agent* Booking Agents: Guan Guan Shipping Sdn Bhd Chung Chiae Shipping Sdn Bhd P.T. Global Putra Indonesia Maritime Costar Shipping Pte Ltd Shipping Freight Booking Centre Sdn Bhd 58 Persiaran Rata Muda Musa Lot 3.34. 3rd Floor. Jl IR H Juanda 111/14 2
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      687 37 /ig FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL PIRE AUS 27/2 ROTTERDAM 27/2 HAIFA/ASHDOD/ALEXANDRIA 27/2 HAMBURG/BREMEN 27/2 MARSEILLE FRANCE 27/2 FEUXSTOWE/UK 27/2 BARCELONA/SPAIN 27/2 LEHAVRE/ANTWERP 27/2 GENOA/ITALY 27/2 GOTHENBURG/SCANDINAVIA 27/2 LOS ANGELES/WC/IPI 28/2 SYDNEY/MELBOURNE 28/2 NEW YORK/EC 28/2 FREMANTLE/ADELAIDE
      687 words
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      Page 37 Advertisements Column 2
      760 37 m RICHFIELD MARINE AGENCIES (S) PTE LTD W TEL: *****33 (12 Lines) SL FAX: *****15/*****03 fH TELEX: RS ***** RISHIP (3 Lines) PF\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOADING FO« SPORE ANOMET 30WB 10'04 DARESSALAAM MOMBASA OH6OOTI ASSAB MASSAWA NETSANET ?9WB
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      Page 37 Advertisements Column 3
      1047 37 BANGKOK I yfwi VOT SM HI YCSSH. YOY SINGAPORE WWW* MM BHUM 67S IN PT 2/3 IARU BHUM 65N Fri HPT Mon 1/3 Imn mil 19S 27/2 3/3 NAHM BHUM 130W Sit 27/2 Wed 3/3 I DRAGON StNTOSA 24N Sal 27/2 Tut 2/3 I WMWBMUM 3 -ll VI YWA BHUM
      1,047 words
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      Page 38 Advertisements Column 1
      1449 38 groupage I I PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 w v 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. *****22 QLOBELINK FORWARDERS PTE LTD WW TBL' 220*8** (n LINES) FAX: *****X/*****42
      1,449 words
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      Page 38 Advertisements Column 2
      245 38 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LYT SM 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 WITH OPPORTUNITY TO CAU BRISBANE ON OR ABOUT 27/2 FULLY CONTAINERISED SAILINGS DISCHARGING
      245 words
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      Page 38 Advertisements Column 3
      1008 38 f THONG SOON LINES PTE. LTD. Mi 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TU: *****8S FAX NO: *****11, *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I CONVINTI6NAL/b6NTAINEh I CQHTAIHBW BCHVICIB SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL HOT Js PORE IpEST VESSEL VOT
      1,008 words
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      830 39 snipping iiiue», r riuay rroruarj to WgV'EVERETT ORIENT LINE" JAPAN BAY Of BENGAL/JAPAN SERVICE ACCEPTMG BMAKBU.K SOC CARGOES TO/FROM KOK. YOKOHAMA. NAGOTA. HON. TOKYO* MANILA* OAVAO*. Penanf* P. Kelang Singapore E'Msia* SHAPLAEVERETT VI4E 28/01 Mar KAMALEVERETT VISE 23/24 Mar KARABIEVERETT VIIE 06/07 Apr ACCEPTING BREAK BULK fCI SOC CARGOES TO/FROM
      830 words
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      Page 39 Advertisements Column 2
      345 39 Bt GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG ♦AT ATTRACTIVE RATES" CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VI 8/3 10/3 13/3 24/3 GLORY SELATAN V 25/2 28/2 3/3 13/3 SP PKL HCM HK KAO GLORY SELATAN X 1/3 6/3
      345 words
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      Page 39 Advertisements Column 3
      634 39 PCSL -WORLDWIDE WjjMß GLOBE STEAMEBS UWES REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER NO 2 Connecting Feeder to Shantao LIAN BO NO 9 WE HV LEASING CONTRS FOR RENTAL SAILING TO PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO SOUTHERN
      634 words
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      Page 39 Advertisements Column 4
      469 39 I FORTNIGHTLY DIRECT CONTAINER SERVICE fi SIN TO DURBAN T ALSO CALUNG PT. ELIZABETH/JOHANNESBURG TWICE WEEKLY CONTAINER SERVICE I SIN/MADRAS/SIN ALSO ACCEPTING CONTAINERS TO TUTICORIN/ I BANGALORE COCHIN AND NEW DELHI I WEEKLY CONTAINER SERVICE I SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: I ASEAN/AUSTRAUA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE I SIN TO CHINA
      469 words
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      Page 39 Advertisements Column 5
      368 39 rsi—l S|N FAR EAST 2/3 KEELUNG/KAOHSIUNG 3/3 BANGKOK 1/3 MANILA/CEBU 28/2 JAKARTA/BELAWAN/SURABAYA 1/3 PORT KELANG/PENANG/E. MALAYSIA 1/3 BUSAN 28/2 TOKYO/YOKO/KOBE/NGO/OSA 1/3 HONG KONG Si CHINA 1/3 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANiIN /QINGDAO /HAIKOU also accepting LCL cargo SIN EUROPE/UK 6/3 LDN/FLX/LVP/SOU 6/3 RDM/HAM/ANT/LEH/GOA/OSI/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech SIN USA/CANADA
      368 words
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      643 40 HON6 KONG/CHINA 1/3 JAKARTA 28/2 BANGKOK 3/3 5/3 MANILA 1/3 BUSAN 1/3 KEELUNG 2/3 TOKYO/KOBE 5/3 KAOSHIUNG 5/3 PORT KELAN6/PENAN6 1/3 YOKOHAMA COLOMBO 2/3 FELIXSTOWE/HAMBURG 6/2 CHITTAGONG/MADRAS 1/3 ROnERDAM/LE HARVE/ANTWERP 6/2 BOMBAY/KARACHI 5/3 BARCELONA. MARSEILLES. GENOA 4/2 CALCUTTA 5/3 LAX/NYC 28/2 SYDNEY/MELBOURNE 4/2 CMT LINER EXPRESS AGENCIES PTE LTD ffSSSK
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      523 40 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 28TH FEBRUARY ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 28 FEB PENANG 3 MAR PORT KELANG 3 MAR JAKARTA 28 FEB FREMANTLE 4 MAR SYDNEY 28 FEB MELBOURNE 28 FEB BRISBANE 8 MAR HAMBURG 6 MAR FELIXSTOWE 6 MAR GOTHENBURG 6
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      334 40 Next Week's Sailings Singapore I FIRST FORWARDER IN lo: E'l'D 'lo: ETD asia awarded Singapore Singapore 9002 R Q A EVERY EVERY i Bangkok SUN Hamburg SAT —^T"~^ EVERY EVERY Manila SUN Ho Chi Minh FRI (s{|MS| 3l EVERY EVERY C olombo TUE lx>s Angeles SUN 1 INTERNATIONAL SEA FREIGHT
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      307 40 NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHVNEW YORK/ CHICAGO/SY DN EY/M ELBOU RN E/H AM BU RG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN ECL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI. SHAH ALAM
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      1282 41 ACCEPTING LCL TO DARESSALAAM ON N BAH RAIN/3404 Nedlloyd Lines rtntß*ssa m «< J») n«M w-® ft"*®) <■»» r catiui p Rhi m 9c/7 71/? ui ifrra 1/1 7fl/l 71/1 ??/1 ?4/3 25/3 23/3 24/3 NLL Rochester/ 3204 23/2 27/2 2S/2 25/2 1/3 5/3 18/3 28/3 20/3 20/3 21/3 21/3
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      737 42 cosco I UKC CONVENTIONAL SERVICE VESSEL PKL PNG P G. LOADING FOR: A VESSEL 28/2 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G LOADING FOR: A VESSEL 15/03 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 refer above
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      170 42 J EES FREIGHT SERVICES PTE LTD I lllirm #01-60 Wallich Building, I Wallich Street, Singapore 0207 I Tel: *****66 (10 Lines) 0 Fax: *****69/*****44 I I 'HANJIN CHEJU" 11 "NANTA BHUM" 11 "OOCL FAITH" I I I V.I 35 II V.130N II V.36E II I ETD SIN: 28/2/93 11 ETD
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      245 42 [far EAST> VjAKARmI n honckono BANGKOK V CgUROP^I r HAMBURG V ROTTERDAM I BARCELONA I MARSEILLE ft V RITRA CARGO \TEL:*****68 CROSS WATER I ICAD OFFICE: Ml SUANGOOM ROAD #06-00 SERANGOON BUUMG 5(0121) KAROOS (CFS): BUI 37 #04-25/26 It M 6* FttJGHT STATMR IE: *****05 IPT KELANG/PENANG 28/2 m^SSISSdLS^nSSSIEI^^Ii I
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      830 42 Antwerp 28/2 Fremantle 25/2 Bangkok 27/2 Bremen 28/2 Sydney 28/2 Busan 29/2 Hamburg 28/2 Melbourne 28/2 J Hong Kong 29/2 LeHarve 28/2 Icftllkd 1 Kaohsiung 27/2 Felixstowe 28/2 ■"iUKiilßl Keelung 23/2 Rotterdam 28/2_J Bombay 175 1 Calcutta 25/3 Manila —I Chittagong 25/2 Lax Nyc 28/2 I ar 5 chi A'\
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      784 43 MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE I usstis not 1 hu I rat I rep I ussiis vm I sii I >|M «w tor mm wei fa HMM ADVANCE 06A 23/2 25/2 27/2 SI MARtCR 303W 28/2 19/3 19/3 20/3 21/3 21/3 23/3 HMM ADVANCE 07A 2/3 4/3 6/3
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      Page 43 Advertisements Column 2
      484 43 Ha I Sun H up Co (Pte) l.td TEL 2 204 906 20 Lines) TLX RS ***** RS ***** KASTKRN CAK I.INF.R LTD. STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS OUTBOUND VESSELS LMMNC FOR SENBOHU/MCOVA/TYO ASIAN CLIPPER V15« eta sin rt/n LMDINC FOR WAGOYA TYO MOJr
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      Page 43 Advertisements Column 3
      973 43 EXPORT TO: I JEDDAH/UK/CONmNENT STORE] ED STON KBURG DAM UH Aim Accepta* C«r f» DRESDEN EIPRESS M/M7 27/2 1/1 17/1 20/3 22/1 24/3 Southanptoi :It rill dtttaaton. Bcßnl andMki RAGA 21; 1M 4/1 20/3 23/3 25/3 Rodcrtai :to M Antacrp. Amsterdam. Oils HctaiAi LUDMGSHAFEN EIPRESS 06 301 t/3 16/3 24/3
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      169 44 Piaaoim JMANSJ TO DRAW YOU INTO THE BAR 1 BILLIARD ROOM f THIS EVENING, j WE'VE INSTALLED I A MAGNATE, i J H This evening from 6.30pm to 8.30pm at the Bar H 16c Billiard Room, our "bartender" also happens to be a chairman, Mr. C.K. Ow of Hai Sun
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      162 44 T>3MOmL JONAHS! Appointment The Regional Office of a Swiss-based, leading international I Freight Forwarding company with a global network of offices, II affiliates and representatives is looking for a suitable candidate J to fill the post of: I Prerequisites: j Age between 28-35 years II Minimum 5-7 years of shipping/forwarding
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