The Business Times, 5 March 1993

Microfilm: NL18518
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    15 1 Business Times Mi l A (P) 552/12/92 Friday March 5 1993 WE KNOW ASIA 75*
    15 words
  • 2am LATEST
    • Article
      Lock icon German air industry hits back at Clinton
      73 1 Reuter BONN Germany's aerospacc industry yesterday hit out at US President Bill Clinton for his attack on Europe's Airbus Industrie. Wolfgang Filler, president of the Federation of the German Aerospace Industry, referring to Washington's annual US$25 billion (SS4I billion) support for the US
      Reuter  -  73 words
    • Article
      Lock icon Ladbroke profits down 81pc
      53 1 AFP LONDON The British Ladbroke Group, which owns Hilton International hotels and betting shops, saw its profits fall by 81 per cent last year because of problems in the property sector, the company said yesterday. Pre-tax profits fell to £40.1 million (5595.8 million) from £210.4 million
      AFP  -  53 words
  • Article, Illustration
    MARKET SUMMARY
    111 1 Stock market indices Thursday Change STII 1,658-62 +6.57 KLSE Composite 636.67 +0.23 Nikkei 16,759.61 -94.31 Hang Seng —6,467.80 31.16 SET Index 903.47 -2.52 Jakarta Composite .304.77 +2.69 CLSA China B 1,558.96 -12.91 AustAIIOrd 1,622.9 -3.2 FTSE 100 2.904 8 -13.8 Thursday Previous I lam close Dow Jones 3,397.81
    111 words
  • Article, Illustration
    Lock icon HK shares peak as Li Peng gives hope of imminent talks
    559 1  -  From Catherine Ong in HONGKONG THE Hongkong stock market, shrugging off China's attacks on the colonial government's 1993-94 Budget, hit a record high yesterday on expectations of imminent Sino-British talks on the territory's political future. Spurred by Financial Secretary
    Source: Bloomberg  -  559 words
  • Article
    Legislators endorse Suharto's rule but blame him for cartels
    516 1  -  From Yang Razali Kassim in JAKARTA INDONESIAN legislators yesterday endorsed President Suharto's rule, noting that his policies in the last five years have strengthened the economy. But in unusually blunt criticisms, some legislators attacked the president-elect for allowing economic reforms to
    516 words
  • Article, Illustration
    S'pore bourse to launch big investment fair
    297 1  -  By Magdalene Ng SINGAPORE The Stock Exchange of Singapore will hold a massive investment fair to promote stock investments this month. Thirty-five firms comprising stockbroking houses, listed groups and information vendors arc participating in the fair, the first by the stock exchange. It
    297 words
  • Article
    Brierley Investments to ask shareholders for another NZ$270m
    369 1  -  By Schutz Lee SINGAPORE New Zea-land-based Brierlcy Investments Ltd yesterday surprised shareholders which include the Singapore Government with news that it will ask them for another NZ$27O million (*****.7 million). The move, which dragged down the NZ stock market and sparked questions
    369 words
  • Article, Illustration
    Lock icon DBS Bank cuts prime by 0.25 point in a surprise move
    573 1  -  By Alvin Tay SINGAPORE DBS Bank yesterday announced a surprise one-quarter point cut in its prime lending rate to 4.75 per cent a historic low for Singapore. The cut came as local interbank rates took a sudden dip in
    Source: Bloomberg  -  573 words
  • Article
    Bundesbank dashes rate cut hopes
    321 1  -  From Ray Heath in LONDON HOPES that Germany would cut its interest rates to help kick-start the European economy were dashed yesterday. A meeting of the Bundesbank decided that rates should remain where they are. following the declaration of an unchanged repo rate of 8.49
    321 words
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      131 1 n depuis 1921 g| PLEDGERS (Tel: ***** 1 3j WhhWWii'm fit made in France Petite Finesse Centrepomt *****68) -10 Lang Court (Tel: *****52) Gaienes Lafayette Singapore and selected retail outlets CONTENTS Spore New 2 S'poreM'sia .9,10.11 Regional News 3.4.6 Financial 12,13 World News 8 Futures Markets Analysis 25 CW>/N.S£. SfS
      131 words
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      9 1 Advertising Marketing Making life easier for ear-owners Pa 22
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      29 1 Hock lufck Siew ke/>/K'l s foreign fora ys /m ving off Pg 9 Next Cabinet likely to have new faces, Pg 3 Suharto's Indonesia: Twenty-five, going thirty, Pg 7
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      24 1 The Bottom IJn&i. r; s Cor/torale culture /># Editorial: Maclcod needs to kick some butts, 24 Strong NZ showing boosts HI I profit. Pr 10
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Big jump in job ads
        405 2  -  By Teh Hooi Ling EMPLOYERS have swarmed back to the market for workers after a brief Lunar New Year lull. The number of job ads in The Straits limes Classified pages last month ballooned to about 24,700, up 62 per cent from January, and 27
        Source: ST Classifieds  -  405 words
    • Article
      January non-oil exports up only 2.1pc due to festive season
      489 2  -  Lower growth rate not a surprise, say experts By Schutz Lee A SEASONAL aberration saw Singapore's non-oil domestic exports for January grow by a modest 2.1 per cent in volume terms, down from the strong surge in December and November.
      489 words
    • Article
      Tourist arrivals get Lunar New Year boost
      231 2 TOURIST arrivals from two Chinese-speaking territories rose spectacularly in January because of the Lunar New Year, the Singapore Tourist Promotion Board (STPB) reported yesterday. They helped raise total tourist arrivals to 514,025 in January, up almost 6 per cent compared with the January
      231 words
    • Article, Illustration
      Lock icon For tender: 11 shophouses near Bugis Junction
      260 2  -  By Kooi Cho Teng ELEVEN adjoining shophouses near Bugis Junction are expected to fetch about Si 3 million in a tender announced yesterday. The buildings, numbers 17 to 27 Tan Quee Lan Street, occupy a total land area of 12.030 sq ft and
      Picture by Chris Loh  -  260 words
    • Article
      New body to help overseas expansion urged
      451 2  -  By Helen Chang THE government should set up a separate agency to support overseas expansion, said the Association of Small and Medium Enterprises (ASME) yesterday. In a wide-ranging "Action Plan", it recommended that the government should also review its financial assistance schemes to
      451 words
    • Article, Illustration
      University professors in China moonlight because of low income, says Dr Goh
      374 2  -  By Yong Pow Ang MANY university professors in China moonlighted because rising incomes there were confined to the business sector and did not reach the academic community, said Goh Kcng Swee. executive chairman of the Institute of East
      374 words
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      107 2 Monday in Business Times n For Immediate Sale Jetset Centre 288 Edward Street Brisbane, Queensland, Australia rj^KT BRISBANE BRISBANE: Andrew Tan Sam Buchanan TELEPHONE: 61 7 231 1311 TELEPHONE: 61 7 833 9833 FACSIMILE WBiBWHIIiIWIWP—I FACSIMILE 61 7 832 1326 I Jones Lang Wootlon Singapore iim Williams Singapore Hsu Li
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  • THE REGION
    • Article, Illustration
      Next Indonesian Cabinet likely to have new faces
      441 3 Move to encourage political regeneration, says State Secretary JAKARTA Indonesia's new Cabinet is likely to include several new faces. State Secretary Moerdiono has been quoted as saying. The Jakarta Post yesterday quoted the minister, whom it described as President Suharto's closest aide,
      441 words
    • Article
      Jakarta to revoke licences of tardy industrial estate investors
      317 3 JAKARTA The government is threatening to revoke the licences of dozens of industrial estate investors who have shown they are neither serious nor conscientious enough to implement their projects. According to the Jakarta Post. Junior Minister of Industry Tungky Ariwibowo said
      317 words
    • Article
      Lock icon Review electoral law, Indonesia's PDI urges
      263 3 AFP JAKARTA Indonesia's smallest political party has pressed for changes in the parliamentary election system which is currently dominated by the ruling Golkar party, a press report said here yesterday. The Indonesian Democratic Party (PDI) told the People's Consultative Assembly (MPR). the country's highest
      AFP  -  263 words
    • Article
      Lock icon M'sia urged to modernise capital markets to sustain inflow of foreign funds
      332 3 Bernama KUALA LUMPUR Malaysia must modernise its underdeveloped capital markets to cncouragc the continuing inflow of foreign capital funds in order to sustain economic growth, said the Association of Merchant Banks in Malaysia. The association said the country
      Bernama  -  332 words
    • Article
      Lock icon M'sian body ties up with US firm in power project
      293 3 AFP KUALA LUMPUR A leading US-based electricity producer yesterday teamed up with a state-owned foundation to build a power plant in Malaysia, now grappling with an energy crisis. Enron Power Corp signed a memorandum of understanding in western Negeri Sembilan
      AFP  -  293 words
    • Article
      Lock icon Philippines in two minds over repaying US$1b debt
      211 3 Renter MANILA The Philippines is in s dilemma over whether it should pay its official creditors' debt of about US$l.O billion (551.64 billion) falling due starting next month or go into technical arrears, a finance official said yesterday. The government is supposed
      Renter  -  211 words
    • ASIA NOTES
      • Article
        Lock icon Australia's foreign debt rises
        76 4 AFP CANBERRA Australia's net foreign debt rose in the December quarter by 2.7 per cent to AS 168.2 billion (SSI9O billion). Figures released by the Bureau of Statistics yesterday showed that in the year to the end of the December quarter, Australia's net foreign debt had
        AFP  -  76 words
      • Article, Illustration
        Lock icon A pensioner's protest
        46 4 SYDNEY Seventy-five-year-old Jay King, a pensioner, handing out leaflets outside Sydney Town Hall yesterday as fellow pensioners gathered to protest against the opposition's health care policies and the proposed goods and services tax. Australia goes to the polls on March 13. Reuter Reuter
        Reuter  -  46 words
      • Article
        Lock icon China's arms sales soar: report
        65 4 AFP WASHINGTON China's armed forces are selling large quantities of weapons and have set up or bought companies in the US to bankroll their modernisation. The Washington Post said yesterday that China sold 1.92 million guns and thousands of tonnes of ammunition between 1989 and
        AFP  -  65 words
      • Article
        Lock icon Japan to resume loans to Iran
        49 4 Bloomberg Business News TOKYO Japan has decided to resume yen loans to Iran for economic development after 18 years of restrictions and is now in the process of negotiating the final terms of an agreement, a government official said yesterday. Bloomberg Business News
        Bloomberg Business News  -  49 words
      • Article
        Lock icon Taiwan's trade surplus plunges
        55 4 Bloomberg Business News TAIPEI Taiwan's trade surplus plunged 63.7 per cent in the first two months of 1993 from a year ago on a big increase in imports. The Finance Ministry said yesterday that the trade surplus fell to about US$4BO million (Ss7B7 million) for January
        Bloomberg Business News  -  55 words
    • Article
      Lock icon More emigrants from Hongkong returning
      267 4 AFP HONGKONG An increasing number of people from the colony who left for the West before China's takeover in 1997 are returning to benefit from the territory's prosperity. A government spokesman said yesterday that "at least 12 per cent" of those who emigrated during the
      AFP  -  267 words
    • Article
      Lock icon China freezes 2b francs worth of French telecom contracts
      348 4 Retaliation against Paris for selling state-of-the-art fighters to Taipei AFP PARIS China has "frozen" some two billion francs worth (***** million) worth of telecommunications contracts as a reprisal against France's sale of state-of-the-art fighters to Taiwan. "These contracts, which should have
      AFP  -  348 words
    • Article
      Lock icon Kim sacks Seoul mayor but justice minister escapes suspension
      516 4 Reuter SEOUL South Korean President Kim Young Sam, who took office only last week on an anti-corruption ticket, yesterday sacked his newly-ap-pointed mayor of Seoul for illegal land development. His choice of justice minister narrowly avoided suspension after it was discovered
      Reuter  -  516 words
    • Article
      Lock icon South Korean president seeks talks with Japanese premier
      306 4 Reuter TOKYO South Korean President Kim Young Sam has called for an early meeting with Japanese Prime Minister Kiichi Miyazawa. A Japanese government spokesman said yesterday that Mr Kim, who took office a week ago. made the request in a letter delivered
      Reuter  -  306 words
    • Article
      Lock icon Taipei, Beijing to improve relations, says report
      260 4 AFP TAIPEI Taiwan is cxpcctcd to step up efforts to improve tics with China after major government leadership reshuffles on the mainland. The China Times Express reported yesterday that top-lev-el changes cxpcctcd in both central and local governments after China's National People's Congress,
      AFP  -  260 words
    • Article
      Lock icon N Korea puts anti-aircraft guns at suspected nuclear sites
      210 4 AP SEOUL North Korea has positioned anti-aircraft guns and tanks outside two suspected nuclear waste sites it has blocked from international inspectors. The national Chosun llbo newspaper said yesterday that about 10 tanks and anti-air-craft guns were positioned at two sites
      AP  -  210 words
    • Article
      Lock icon Recession woes of West fuel Asia's low-end exports
      486 4 Reuter HONGKONG Recession in the West has been so good to China's cheap-labour, low-tech exports that it is almost a wonder Beijing still envies its hightech but economically moribund neighbours. Fellow low-cost exporters India. Indonesia and Malaysia have also prospered along with
      Reuter  -  486 words
    • Article, Illustration
      Lock icon China's Olympian efforts
      403 4 AP BEIJING This city is in a lather oNer some foreign VIPs arriving this weekend, arguably the most anxiously awaited visitors since Richard Nixon's 1972 trip to unfreeze US-Chi-na relations. Hundreds of thousands of school-children and other residents have been mobilised, braving dust storms and cold to
      AP  -  403 words
    • Article
      Lock icon India plans further currency liberalisation, sees higher growth
      450 6 Reuter BOMBAY Finance Minister Manmohan Singh says he plans to liberalise exchange controls further as part of his reform programme, and sees India's economic growth picking up to 5 per cent in the coming financial year. In yesterday's edition of India's The
      Reuter  -  450 words
    • Article
      Lock icon Japan's budget debate resumes as LDP bows to demands for tax cuts
      282 6 AFP TOKYO Japan's ruling Liberal Democratic Party (LDP) bowed yesterday to opposition demands for large-scaled income tax cuts in exchange for the resumption of debate on the deadlocked fiscal 1993 budget. The move is expected to make it
      AFP  -  282 words
    • Article
      Lock icon Rao moves out defence minister, loyalists protest
      457 6 AFP NEW DELHI Loyalists rallied in support of Indian Defence Minister Sharad Pawar yesterday, protesting the prime minister's surprise decision to send him to be chief minister of troubled Maharashtra state. Mr Pawar's supporters in the ruling Congress (I) party demanded that he
      AFP  -  457 words
    • Article, Illustration
      A$60m plan to integrate Australia with Asia
      571 6  -  From Florence Chong in SYDNEY THE Labor government has launched a AS6O million (about 5569.5 million) package of new measures designed to boost the integration of Australia's economy with Asia. Senator Gareth Evans. Minister for Foreign Affairs and Trade, said the initiatives would
      571 words
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      146 3 BOur General Manager is Always Willing To Lend A Helping Hand. You have to Hand it to Mr Charlie Seet, vision and ideas. Showing them the best way General Manager, Elbiru Electronics. to perform a task. Providing training, such He understands that for a company to as in our special
      146 words
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      146 4 Q^aiknhill of i93Cs with an amsi atuc on each unit p or viewing and information, Very well thought of design with 2 double volume airweiis filters m lighting to please visit marketing office, access on each level via the grand limber <\/\ tl t i n •u* smroues #02-00 Thong
      146 words
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      479 5 V- :Vi- r •1 *.V *;>- We're by no means bringing into question the absorbers in the space of a few milliseconds. driving slowly, or especially during parking. •■•>.'•■.■• :.v driving abilities of would-be drivers of the new On a smooth road, it offers more comfortable Tat, it ia able
      479 words
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      593 6 SffI(ffFERSIVBRE ADVERTISING (!T(MXINTnES(W JJX#' Singapore Press Holdings is pleased to announce its appointment as the media information in an entertainrepresentative of the Singapore Telecom information services on Teleview. in g< relevant and easily unThe appointment allows SPH to significantly enhance its media offering to restaurant guide, for examadvertisers on Teleview
      593 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Suharto's Indonesia: Twenty-five, going thirty
      1608 7  -  Unchallenged for the sixth time in 25 years, Suharto is headed for re-election next week. Yang Razali Kassim assesses the president's claim to Indonesia's success story Yang Razali Kassim JAKARTA If you were in Jakarta five years ago, a visit this time round will strike
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      178 7 MITSUBISHI. A hv Being first is what i his car is ahout «»i h f r m I lie J In re* i lass gra*. is on w itli hai k-t tin m ping 21 valve, I uel-in jet. ted \Y> perlormam e It is the <>nl\ tar that toils
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon UN to pressure Serbs to stop fighting
        79 8 Reuter UNITED NATIONS In an effort to put political pressure on Serbs conducting an offensive in eastern Bosnia, the UN Security Council plans to issue a US-drafted statement demanding that fighting stop immediately. Russia, Britain and France have already approved the text, which
        Reuter  -  79 words
      • Article
        Lock icon Social chapter will hurt EC: Hurd
        58 8 AFP LONDON The burden of the Maastricht Treaty's social chapter will see Europe's economy devoured by Asia's "economic tigers", British Foreign Secretary Douglas Hurd said on Wednesday. Britain is alone among its European Community partners in refusing to sign the social chapter of the
        AFP  -  58 words
      • Article, Illustration
        Lock icon Help for stammering children
        66 8 Reuter LONDON British actor Michael Palin standing in front of a plaque which he unveiled on Wednesday at the opening of the Michael Palin Centre for Stammering Children. The centre is the first in Britain that specialises in the treatment of stammering children. Mr Palin won
        Reuter  -  66 words
      • Article
        Lock icon Romanian PM unveils tough reforms
        73 8 Reuter BUCHAREST Romanian Prime Minister Nicolae Vacaroiu took a tough reform programme to Parliament yesterday to try to slash inflation by more than half and halt economic decline. The reforms are designed to cut inflation to 80 per cent this year from an annual 200
        Reuter  -  73 words
      • Article
        Lock icon CN Tower evacuated after bomb threat
        81 8 AP TORONTO Authorities evacuated the landmark CN Tower on Wednesday after a telephone caller claimed a bomb had been planted at the world's tallest free-standing structure. Police dismissed the threat as a hoax after a search of the 550 m communications tower. The tower
        AP  -  81 words
      • Article
        Lock icon Underground blast near White House
        51 8 AFP WASHINGTON An underground power transformer blew up early yesterday some three blocks from the White House, but authorities reported no victims or evacuation. A White House press duty officer said she was unaware of the explosion as it did not involve White House security.
        AFP  -  51 words
    • Article
      Lock icon Clinton plan won't meet targets for spending cuts and revenue: study
      558 8 Projections see USSIb gap in deficit reduction Reuter, AP WASHINGTON US President Bill Clinton's economic plan will not raise revenues or cut spending as much as expected, according to a new analysis, but the administration said on Wednesday the
      Reuter,; AP  -  558 words
    • Article
      Lock icon Firms optimistic about sales: poll
      312 8 UPI WASHINGTON Businessmen have lost some confidence in the US economy since the holidays, but feel more optimistic about sales and hiring in their own companies, a US Chamber of Commerce survey said on Wednesday. In its February Business Confidence Index, the chamber measured overall
      UPI  -  312 words
    • Article
      Lock icon Warm ties between Fed and White House should help economy
      314 8 Reuter WASHINGTON Federal Reserve chairman Alan Greenspan has entered into a marriage of convenience with President Bill Clinton that should benefit the economy. Economists said Mr Greenspan's praise for Mr Clinton's efforts to slash the bulging budget deficit enhanced prospects
      Reuter  -  314 words
    • Article
      Lock icon Democrats defeat challenge to Clinton
      258 8 NYT WASHINGTON Democrats overcame the first Republican challenge to President Bill Clinton's economic programme in the Senate on Wednesday, holding ranks to defeat a proposal that would have offset the cost of extending unemployment benefits with spending cuts. The 57-43 vote along party lines came
      NYT  -  258 words
    • Article
      British govt rediscovers manufacturing
      493 8  -  From Neville Stack in LONDON THE British government now recognises officially that manufacturing industry is the key to the country's future. In a repudiation of former prime minister Margaret Thatcher's attitude towards manufacturing, which she held was of less importance than the service industries. Premier John
      493 words
    • Article
      Lock icon German political asylum reform Bill introduced
      291 8 AFP BONN A Bill to curb asy-lum-seeking in Germany was introduced yesterday in Parliament by the ruling coalition and the opposition Social Democratic Party (SPD), jointly seeking to stem an influx that has snowballed since the fall of communism in Europe. "It is high
      AFP  -  291 words
    • Article, Illustration
      Lock icon Race to succeed Mulroney to start next week
      483 8 Reuter OTTAWA Canada's ruling Conservatives will launch the race to choose Prime Minister Brian Mulroney's successor next week when several Cabinet ministers are expected to declare a run for the party leadership. Foreign Minister Barbara McDougall said she was actively considering running
      Reuter  -  483 words
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      308 8 NOTICES MIX MATTER OF THE COMP AMES ACT, CAP. SB SUPREME GFT SHOP PTE. LTD. At an Edraonfnaiy General Mooting ot the members of SUPREME GFT SHOP PTE. LTD. diiy convened and heid at 6001 Beach Road, «14-01 Gofcfen Mia Tower, Singapore 0719 on the Ist day of Match 1909,
      308 words
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      315 8 GOLDEN ART TOY MANUFACTURER PTE LTD (Incorporated in the Republic of Singapore) (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE is hereby given that pursuant to Section 308 of the Companies Act Cap. 50 the Final Meeting of Members of the Company will be held on Tuesday 6 April 1993
      315 words
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      212 8 In Vw Matter of The Companies Act, Cap. SO and In the MaWar ot KEVIN DIAMOND (S*PORE) PTE LTD (In Members' Voluntary Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 ot the Companies Act. Cap SO that the FINAL GENERAL MEETING of the Members of the abovenamed
      212 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      CWT Distribution launches public offer to raise $20m
      534 9  -  Warehouse and trucking operator is offering 25m shares at 85 cents each By Dexter Lee SINGAPORE CWT Distribution Ltd. Singapore's biggest private warehouse and trucking operator, launched an initial public offer yesterday to raise some $20 million for its expansion programme. The
      534 words
    • Article, Illustration
      Lower interest costs lift King's Hotel profit by 35pc to $6m
      262 9  -  By Hong Lee Tiam SINGAPORE After-tax profit for the King's Hotel group rose 35 per cent to $6 million for the year ended last Dec 31 due to lower interest costs and smaller provisions for fall in stock value.
      262 words
    • Article
      Good that Keppel is keeping its eggs in even more baskets
      715 9  -  v-~. HOCK LOCK SIEW By Conrad Raj SINGAPORE While Keppel Corp's overseas operations have yet to make a major contribution to the group's results, it is just as well that it set up a global network stretching from Shenzhen
      715 words
    • Article
      Bousteadco to rake in $7.2m from sale of two assets
      352 9  -  Pasir Panjang warehouse and Brunei unit sold By Moiz Tyebally SINGAPORE Trading and transportation group Bousteadco will make an extraordinary gain of $7.2 million from the sale of two of its assets. Agreements to sell the assets a warehouse in
      352 words
    • Article
      Hai Sun Hup incorporates two companies
      94 9 SINGAPORE Marinebased Hai Sun Hup Ltd has incorporated two companies for the purposes of ship owning and chartering. HSH Aquarius Inc was formed in the Bahamas with an authorised and paid-up capital of $5,000. It will acquire the MV Oxford, a 12-year-old vessel which
      94 words
    • Article
      DIVIDENDS ANNOUNCED
      389 9 Pay neat Ex Books Pay dale close dale Avimo 20« F I2.5TE Feb 17 Marl Apr 15 BAT 21* F 119 Mar 23 Mar 29 Apr 6 Beqaya Group I 4 Mar 18 Apr 2 Apr 15 Bcrjaya Ind I 3 Mar 4 Mar 18 Apr 8 Berjaya
      389 words
    • Article, Illustration
      Lock icon SUMMARY
      337 9 Source: Bridge Info Performance of STII's index stocks Mar 4 Last Sfty ladrx Slock sale (h« factori noters <$> (V) Av imo 1 910 0010 1 59 2.11 < 7.300 -0 150 6.09 -31 58 tercbos 5000 4.17 FAN 12.300 0 100 1026 21 05 (if- Asm 3 320
      Source: Bridge Info  -  337 words
    • COMPANIES
      • Article
        Strong NZ showing boosts BIL's interim profit by 25pc
        459 10  -  By Schutz Lee SINGAPORE New Zea-land-based Brierley Investments Ltd (BIL) yesterday reported a 25 per cent increase in interim profit on the back of a strong performance on its home turf and a turnaround in its Australian activities. And it said
        459 words
      • Article
        Lock icon Goodman sees modest sales, profit growth
        282 10 Reuter SYDNEY Food-processing group Goodman Fielder said it remained cautious about its prospects for the full year to June 30 and that it expected sales and profit growth to remain modest in the short term. Goodman earlier reported a 71.2 per cent rise in
        Reuter  -  282 words
      • Article
        Lock icon NZSE market capitalisation up 13pc to NZ$30b last year
        224 10 Bloomberg Business News WELLINGTON Market capitalisation of the New Zealand Stock Exchange rose 13 per cent last year to NZ$3O billion (5525.8 billion) its highest level since the stockmarket crash of 1987. However, the exchange said in a report on 1992
        Bloomberg Business News  -  224 words
      • Article
        Lock icon China firm to invest in M'sian steel venture
        213 10 AFP KUALA LUMPUR China's Jinan Iron and Steel General Works yesterday signed a pact to jointly set up a multi-mil-lion-dollar steel mill in Pahang state with Malaysian and Singaporean partners. Jinan, through its Malaysian subsidiary Perindustrian Dimensi, will invest Msl67 million (SSIO3
        AFP  -  213 words
      • Article
        Lock icon China group to buy Hongkong real estate firm
        401 10 Bloomberg Business News HONGKONG A company controlled by China National Nonferrous Metals Industry Corp is to buy a 67.7 per cent stake in Hongkong-listed real estate concern Laws Property Holdings, the companies said in a statement. The transaction appears to be the
        Bloomberg Business News  -  401 words
      • Article, Illustration
        Lock icon Putting the exchange together again
        63 10 Reuter LONDON A workman walking across the balcony of the Baltic Exchange in the City of London on Wednesday. The exchange, which is the world's biggest shipping market, was wrecked by an Irish Republican Army (IRA) bomb in April 1992. It will reopen on April
        Reuter  -  63 words
      • Article
        Lock icon MBf unit to make passenger lifts in China this year
        416 10 Bernama KUALA LUMPUR MBf Norinco Sdn Bhd. a jointventure company between MBf Holdings Bhd and Norinco Ltd of China, is expected to begin mass production of passenger lifts in China by the end of this year. MBf Holdings chief executive
        Bernama  -  416 words
      • Article
        Lock icon M'sian Resources revises bond issue structure
        293 10 Bernama KUALA LUMPUR Malaysian Resources Corporation Bhd (MRCB), which has assumed the rights and obligations of Realm ild Sdn Bhd, has revised the structure of its proposed MSI 10 million (5569.3 million) nominal value of 4 per cent, five-year guaranteed bonds with 82.5 million
        Bernama  -  293 words
      • Article
        Lock icon Thai developer to issue debentures for London listing
        216 10 Bloomberg Business News BANGKOK Land and Houses. Thailand's largest developer of detached housing, said it will issue USS6O million (5598.4 million) in Euro-con-vertible debentures by midyear for listing on the London Stock Exchange. Terms of the listing are being discussed with Jardine
        Bloomberg Business News  -  216 words
      • Article
        Lock icon Sime Darby's profits set to grow by 10pc
        447 10 MARKET WATCH Reuter KUALA LUMPUR Malaysian conglomerate Sime Darby Bhd is set to post 10 per eent growth in earnings for the 1992-93 financial year ending June 30. helped by its oil and gas division, analysts said. "We are seeing a 10
        Reuter  -  447 words
      • Article
        Barclays Bank shocks with £242m loss — its first ever
        421 11  - Barclays Bank shocks with £242m loss its first ever From Ray Heath in LONDON BARCLAYS Bank rocked Britain's banking scctor and the stock market yesterday by posting its first loss in its near 100-year history and slashing its dividend. While the other big four banks had struggled to improve profits
        421 words
      • Article
        Lock icon British Petroleum set for recovery, say US analysts
        227 11 Bloomberg Business News CLEVELAND, Ohio British Petroleum Co could finally be turning the corner, at least from the perspective of US analysts. The company, whose return on assets ranks the lowest among major oil companies, last year endured a 55 per cent
        Bloomberg Business News  -  227 words
      • Article
        Lock icon Amcor posts 5.4pc profit rise on recession-resilient sales
        567 11 Bloomberg Business News SYDNEY Australian packaging group Amcor Ltd said yesterday that resilient worldwide sales helped lift its consolidated half-year after-tax profit by 5.4 per cent. Amcor said profit in the six months to Dec 31 totalled A 5203.8 million (*****.3 million).
        Bloomberg Business News  -  567 words
      • COMPANY BRIEFS
        • Article
          Lock icon Bomb threat at Manila bourse
          65 11 Bloomberg Business News MANILA A bomb threat at the Manila Stock Exchange caused a temporary suspension in trading yesterday. Officials said the exchange was immediately evacuated and police were summoned. After searching the area, police said the threat was a hoax. Trading resumed shortly before
          Bloomberg Business News  -  65 words
        • Article
          Lock icon Shell's new Thai refinery
          73 11 Bloomberg Business News BANGKOK Thai Refinery Constructors, a joint venture between Raytheon Co and Fluor Daniel Inc, has been chosen to build Shell Oil Co's US$2.2 billion (553.6 billion) refinery in the Gulf of Thailand. Shell said yesterday that it and its refinery partner, the state-owned
          Bloomberg Business News  -  73 words
        • Article
          Lock icon Ford to buy Orbital engines
          84 11 Bloomberg Business News MELBOURNE Australia's Orbital Engine Corp said yesterday that Ford Motor Co of the US has confirmed its intention to purchase its engines from a plant in Michigan. Terms of the pact were not disclosed. Ford said it agreed to conduct an extensive
          Bloomberg Business News  -  84 words
        • Article
          Lock icon Hyundai Precision's profit down
          69 11 Bloomberg Business News SEOUL Hyundai Precision and Industry Co, the world's largest container maker, yesterday reported that its net profit fell 46 per cent to 5.6 billion won (5511.6 million) in the 1992 financial year ended Dec 31. Recurring profit also dropped 64 per cent to
          Bloomberg Business News  -  69 words
        • Article
          Lock icon Shell Electric's net profit up
          54 11 Bloomberg Business News HONGKONG Household electrical appliance manufacturer Shell Electric Manufacturing (Holdings) said yesterday that its profit after taxes and minority interests rose 13.6 per cent to HKSBO.B million (Ssl7 million) in the fiscal year ending Oct 31, 1992, from HKS7I.I million in the previous
          Bloomberg Business News  -  54 words
        • Article
          Lock icon Hill and Knowlton signs accord
          57 11 Bloomberg Business News HONGKONG US public relations concern Hill and Knowlton Asia has signed a cooperative agreement with China International Economic Consultants, a subsidiary of China's powerful investment conglomerate China International Trust and Investment Corp. Hill and Knowlton said yesterday the two companies will jointly
          Bloomberg Business News  -  57 words
      • Article
        Lock icon June debut likely for China stocks on HKSE
        216 11 Bloomberg Business News HONGKONG The first of China's state-run companies wishing to list shares in the colony will probably debut in June. The chief executive of the Hongkong Stock Exchange, Paul Chow, said yesterday that first to the gate will probably be
        Bloomberg Business News  -  216 words
      • Article, Illustration
        Dunhill eyes China market
        387 11  -  Luxury goods retailer opening fourth Singapore outlet this year By Kooi Cho Teng SINGAPORE Alfred Dunhill, the British luxury goods retailer which derives almost 94 per cent of its £255 million (SS6O7 million) turnover overseas, is looking at moving into China. In a recent interview with
        387 words
    • FINANCE
      • SMALL CHANGE
        • Article
          Lock icon Hang Seng Bank's profits up 26pc
          92 12 Reuter HONGKONG Hang Seng Bank said its after-tax profits soared 26 per cent, or HKSI.I7 billion (*****.7 million), to HK55.69 billion in the year to December 1992. Earnings per share were also up 26 per cent at HKS3.B3. The bank said although the Hongkong
          Reuter  -  92 words
        • Article
          Lock icon Bangkok has no plans to float baht
          47 12 Knight-Ridder BANGKOK Thailand has no plans to allow the baht to float against other currencies, a Bank of Thailand spokesman said. A free-floating exchange rate for the baht might be too volatile and could hurt Thailand's trade, he said. Knight-Ridder
          Knight-Ridder  -  47 words
        • Article
          Lock icon First City Inv execs face travel ban
          66 12 Knight-Ridder BANGKOK The Bank of Thailand has asked police to prevent former executives of the troubled finance firm First City Investment from leaving the country pending the outcome of a fraud probe. The request, made last week, became known on Wednesday. Police must
          Knight-Ridder  -  66 words
        • Article
          Lock icon Arab fund suspends loans to 3 states
          65 12 AFP ABU DHABI The Arab Monetary Fund (AMF) has suspended loans to Iraq and two other member-states because of their failure to repay debts, said sources close to the fund, which is based here. They said yesterday that Iraq, Sudan and Somalia owed
          AFP  -  65 words
        • Article
          Lock icon Phased write-off of forex losses in Japan
          80 12 Kyodo TOKYO Japan's Ministry of Finance plans to permit life insurance firms to write off their currency-exchange appraisal losses in foreign bonds over two to three years instead of in a lump sum in the Mar 31 fiscal year-end, ministry officials said yesterday.
          Kyodo  -  80 words
        • Article
          Lock icon Bonn likely to cut rates: IMF chief
          67 12 AFP BRUSSELS International Monetary Fund (IMF) managing director Michel Camdessus expressed his confidence here yesterday that the German Bundesbank was set on a course of lower interest rates. Asked during an interview whether interest rates were on their way down and whether new
          AFP  -  67 words
      • Article
        Simex ranked as world's 10th fastest growing futures exchange
        530 12  -  By Soh Tiang Keng SINGAPORE The Singapore International Monetary Exchange is the 10th fastest growing futures exchange in the world. At that rate, Simex could rise further in the ranking of the world's futures and options exchanges in terms of trading
        530 words
      • Article
        Lock icon Egypt amends banking law to woo investment
        243 12 Reuter CAIRO Egypt is amending its banking law in a bid to boost investment by making it easier for foreign banks to do business. Atef Obeid, Minister of Cabinet Affairs and Administrative Development, said on Wednesday that the amendments meant among other things
        Reuter  -  243 words
      • Article
        Thai borrowers find good response from Singapore banks
        335 12  -  By Kooi Cho Teng SINGAPORE Thai borrowers are enjoying huge popularity with Singapore-based banks, who have responded fervently to their calls for funds. Many of the Thai loans signed in the past month have been substantially oversubscribed. And bankers say that with
        335 words
      • Article, Illustration
        Lock icon A cache of fake US notes
        74 12 Reuter LANDSHUT, Germany A policeman holding a wad of fake US$lOO notes with rubber gloves on Wednesday in this town in Lower Bavaria. A total of US$4.9 million (SsB million) in fake US$lOO notes were secured by the Bavarian police on Feb 25. Two
        Reuter  -  74 words
      • Article
        Lock icon Malaysia launches interest-free banking scheme
        412 12 AFP KUALA LUMPUR Predominantly Muslim Malaysia yesterday launched through its top three commercial banks an interest-free banking scheme that was pioneered a decade ago by its sole Islamic bank. Finance Minister Anwar Ibrahim said the three banks would undertake the pilot test of encouraging wider
        AFP  -  412 words
      • Article
        Lock icon Tokyo likely to let insurers borrow from banks
        300 12 Reuter TOKYO The Ministry of Finance is likely to allow nonlife insurers having difficulty securing cash for debt repayments to borrow funds from commercial banks, a ministry official said. The ministry currently prohibits insurers from taking bank loans, but several non-life insurers
        Reuter  -  300 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Outlook for Asian copper market grows more bearish
        359 13 Knight-Ridder TOKYO Having seen prices fall more than US$lOO (Ssl64) a tonne in the past month, Asian copper industry sources say their markets are saturated and US$2,lOO is a crucial level for copper. London Metal Exchange three-month copper was bid at U552,147
        Knight-Ridder  -  359 words
      • Article
        Lock icon World's biggest aluminium smelters face long power cuts
        293 13 Bloomberg Business News PORTLAND, Oregan An electricity shortage in the north-west will force regional production cuts by some of the world's biggest aluminum producers to continue for at least a month longer than expected. The Bonneville Power Administration will continue to cut
        Bloomberg Business News  -  293 words
      • Article
        Lock icon German, Thai tie-up to build zinc-lead smelter in Thailand
        217 13 KnightRidder BANGKOK Germany's Metallgesellschaft and Thai base metal producer Padaeng Industry Co hate formed a joint venture to build a zinc-lead smelter in Thailand at a cost of US$32O million (*****.4 million). The plant will have annual production capacity of 80,000
        Knight- Ridder  -  217 words
      • Article, Illustration
        Blast causes little disruption to exchanges
        638 13 World Trade Center explosion NEW YORK Commodity exchanges in the shadow of the wounded World Trade Center towers were trading on shortened schedules on Wednesday, but operations were generally problem-free despite last week's bomb explosion. Luck played a key role in the smooth operation:
        638 words
      • Article
        Lock icon Alcoa Australia expects another solid result
        359 13 Reuter MELBOURNE Alcoa of Australia Ltd said it expects another solid performance in calendar 1993 although aluminium market conditions will remain difficult. Alcoa, 51 per cent owned by Aluminium Co of America and 48.25 per cent by Western Mining Corp Holdings Ltd, reported a
        Reuter  -  359 words
      • Article
        Futures higher as demand improves
        421 13 Bloomberg ENERGY REPORT NEW YORK Crude futures on the New York Mercantile Exchange were up as colder weather in the US and Europe and lowcr-than-cxpcctcd supply sends heating oil prices soaring. American Petroleum Institute figures showed US distillate stocks, which include heating oil and dicscl
        421 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        140 13 The US dollar was well bid against the Singapore dollar as dealers covered short dollar positions ahead of the Bundesbank council meeting. Market speculation increased that a rate cut would be announced yesterday. The US dollar opened at 1.6430/35 and closed around 1.6435-40. The ringgit
        140 words
      • Article
        Lock icon London
        188 13 Reuter LONDON The dollar was mostly steady in subdued early trading yesterday with the only excitement being a sharp move in the yen which was all over by the time Europe opened. Heavy mark sales for yen led it sharply higher in Tokyo before rumours of BOJ rate checking
        Reuter  -  188 words
      • Article
        Lock icon New York
        84 13 AFP NEW YORK The dollar edged downward yesterday against other major currencies except sterling after Germany's Bundesbank announced it would leave interest rates unchanged. At 9:30 am (1430 GMT), the dollar was trading at 1.6385 German marks from 1.6470 late on Wednesday and 116.75 yen from 116.90 yen.
        AFP  -  84 words
      • Article, Illustration
        Untitled
        1561 13 I raJe-xvifhtn] injt- takulatn/ afain\i S'ptwc i top 14 tradint panmr\ Say nnf /<W.< US$/S$ forward rates Noon Mar 4 s$ Bid Offer 1-month 1.6401 1.6416 2-month 1 6387 1.6402 3-month 1.6374 ***** 6-month 1.6345 1 6365 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 19m yesterdaySingapore dollars to ooe
        1,561 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars firmer, aided by US bond rally
        1465 14 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures ended firmer yesterday, extending Chicago's gains following a rally in US Treasury bonds and weaker US economic data. Buying was encouraged by the 30-year bond driven to an all-time closing low of 6.78 per
        Reuter  -  1,465 words
      • Article
        KL tin price rebounds to finish two sen higher
        999 14 COMMODITIES REPORT Tin TIN price on the Kuala Lumpur tin market, after three days of consecutive fall, rebounded to close two sen higher at MS 14.64 per kg on fresh buying interest yesterday. The market took its cue from the firmer
        999 words
      • Article
        COMMODITY PRICES
        1637 14 KUOOer Mar 4 witty txcn« V (Mi ra dasl ■(mm lpa) MS (piryticai prtoM) RSSICmK tract (S cents/kg) —A 4M Mtan Close Volume Open As St 12 MM is cents/Kg) Month High Low Sett (tonnes) Interest RSS 2 Apr 93 136.75 I37.75N Feb 93 Mar 93 Apr 139.25
        1,637 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1206 15 -3.2 STOCKS closed slightly lower, with many players sidelined by uncertainty over the March 13 federal election. While the market welcomed earlier prospects of an opposition victory, newpolls showing the election to be a clifThanger meant a more cautious approach, brokers said. They also said the market was consolidating
        1,206 words
      • Article
        Manila
        561 15 +21.18 Stocks overcame a trading halt due to a bomb threat to close higher as investors took positions in index-linked blue chips and secondary issues, brokers said. They said a correction would be healthy but the market is likely to continue its climb. The Manila Composite Index rose 21.18
        561 words
      • Article
        Taipei
        611 15 154.71 Waves of strong buying pulled the Taiwan stock index up 3.4 per cent to close at an 11-month high in hectic trade. The Weighted Index surged 154.71 points to end at 4,737.32. Turnover soared to NT599.4 billion, the heaviest since April 1991. Profit-taking was heavy at mid-morning but
        611 words
      • Article
        Bombay
        52 15 -32.65 The BSE Index dropped 32.65 points to 2,532.67 and the National Index fell 2.46 points to 1,147.20. "The market sentiment is still weak and is likely to remain so until a fresh supply of money comes in." said a broker. Analysts said they expect the market to drop
        52 words
      • Article
        New Zealand
        299 15 -19.94 The NZSE-40 Capital Index closed down 19.94 points at 1,568.10 in a market which gave the thumbs down to a surprise capital notes issue by leader Brierley Investments. BIL, which reported a NZ5112.7 million first half profit, up from NZ$9O.5 million. and is planning for the NZ$27O
        299 words
      • Article
        Seoul
        389 15 -10.77 Across-the-board selling pulled stocks down for the seventh consecutive day as investors maintained low market confidence. Brokers said investors had a glum outlook and decided to pull out for the time being. The Seoul Composite Index closed 10.77 points down at 622.22. Volume ar.d turnover also fell with
        389 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        588 15 Frankfurt Mar 4 DM Aeg 1*5 50 -J 50 b\sf -i to BMW 4M2 00 -150 Bjver S> I 00 Rater Ycfeimtunk 455 20 20 < ommcr/hank 2KB )0 -1 "0 (omi (lumini ***** -.''0 Daimler-Beiu ***** 50 Deutsche Bjnk T| 50 -IS) DrevJiwr Bjnk 4»>4 50 -4 00 Hoev+iM
        588 words
      • Article
        London
        809 15 -13.8 Shares ended weaker yesterday, with Wednesday's rise to new highs considered overdone and investors somewhat disappointed by the Bundesbank's decision to leave German interest rates unchanged, analysts said. The FTSE 100 index ended 13.8 points down at 2,904.8, just above the session low on a turnover of 648.7
        809 words
      • Article
        Paris
        133 15 -8.49 French shares were unable to close above the 2,000 point level they breached yesterday morning on the CAC-40 index, after the Bundesbank disappointed expectations of a cut in its leading interest rates and French bond prices weakened. The market was underpinned by overseas buying, but weaker car sector
        133 words
      • Article
        Stockholm
        117 15 -0.04 pc Swedish shares limped to an lower close in an uninspired market lacking players. The all-share index shed 0.04 per cent to 1,012.54 in turnover worth a modest 680 million crowns. Once again large blocks of Volvo shares changed hands, pushing the A-share via a seven crown gain
        117 words
      • Article
        Brussels
        139 15 -4.8 Belgian shares closed 0.4 per cent down on the last day of the two-week forward market trading account, but leading bank Banque Bruxelles Lambert surged. The Bel-20 index of leading shares closed 4.80 points lower at 1,204.71. Nearly 1.3 billion francs worth of Belgian shares were traded. BBL
        139 words
      • Article
        Milan
        129 15 +0.76pc News the Bundesbank left German interest rates unchanged spurred light profittaking but Italian shares mostly closed higher in speculative activity. Dealers said the market remained well-supported with focus on blue chips that have lagged this year's rally, such as Montedison and Olivetti. The MIB all-share index closed 0.76
        129 words
      • Article
        Amsterdam
        250 15 +2.35 Dutch shares closed higher as sentiment continued bullish after two major companies reported 1992 results mostly in line with expectations and after the Bundesbank left its interest rates unchanged. Firm bonds also lent support, traders said. The EOE index ended 2.35 points up at 308.66. Electronics group Philips
        250 words
      • Article
        Zurich
        234 15 unav Swiss shares closed little changed after the Bundesbank decision to leave its interest rates unchanged made hardly any impact on prices. In overall slow trading, some volume was seen in CS Holding and Roche certificates. CS Holding, the most active stock, firmed 30 francs to 2,260. The closing
        234 words
      • Article
        Johannesburg
        412 15 -25 South African shares extended their recent declines yesterday as investors paused ahead of next week's release of full-year results for De Beers and the March 17 Budget. Also, a general lack of foreign interest in South African shares in recent days had taken its toll as it had
        412 words
      • Article
        Toronto
        312 15 +20.96 Stocks added to Wednes- day's gains in moderate early trade yesterday, boosting dealer expectations of a continued good run for the market. The TSE-300 Index firmed 13.41 points to 3.480.59 on volume of 5.03 million shares valued at C 541.35. Advances were well ahead of declines, 157 to
        312 words
      • Article
        New York
        872 15 +3.51 Wall Street share prices slipped slightly yesterday after the government announced that US factory orders declined 1.3 per cent in January, the steepest drop in five months. At 11:00 am. the Dow Jones Industrial Index stood at 3,397.81 points, down 6.23, with 76 million shares having changed
        872 words
    • Article, Illustration
      Lock icon HONGKONG
      3179 16 Reuter. AFP SHARE prices closed at a new all-time high on the local stock exchange yesterday following a generous new budget and hopes of a break in the Sino-British row over political reform. The Hang Seng Index gained 31.16 points to close the day's trading at 6.467.80, breaking the
      Reuter.; AFP; Source: Bridge Info  -  3,179 words
    • Article, Illustration
      CHINA
      443 16 NEWS about the likelihood of companies handing out bonus shares drove the Shanghai A market steeply down yesterday. The CLSA Shanghai A Index plunged 494.95 points to close at 7,641.91 with a turnover of 23 million shares. Investors were worried that the government, the majority shareholder of all listed
      443 words
    • Article, Illustration
      Lock icon TOKYO
      2508 16 Reuter STOCKS ended moderately lower in quiet trade. Investors were discouraged by the effects the yen's renewed rise may have on exporters, including electrical issues, brokers said. Index-linked and small-lot buying helped sustain prices, while NTT took a breather after recent sharp gains. "Investors no longer worry about the
      Reuter; Source: Bridge Info  -  2,508 words
    • Article, Illustration
      Lock icon BANGKOK
      1817 16 STOCKS clawed back most of the day's losses just before the close, with big banks regaining some ground. The SET Index lost 2.52 points to end at 903.47 on thin turnover of 3.18 billion baht. Declines led advances 120 to 89 with 83 stocks unchanged. "The big orders before
      Source: Bridge Info  -  1,817 words
    • Article, Illustration
      Lock icon JAKARTA
      871 16 Reuter TRADE was bullish, especially in banks, supported by both foreign and local investors. The Official Index rose to 304.77. an increase of 2.69 points. Lippobank, Bank Internasional Indonesia. Bank Duta and Panin Bank dominated trading and all. except 811. saw their prices strengthened. 81l was unchanged at 3,750
      Reuter; Source: Bridge Info  -  871 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2550 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Multi-Purpose 21.715 000 Metrople* SX: 12.8H5.OWI kjmunting 50c 10.642.000 Bcrjjva (iroup 6.468.000 longijh HMgs 5 266 WO Promet 3.7I0.00H Faber Group 3.558 000 Tech Resources 3.3JI.OOO Kcnong BhJ 50c 2.86-WW Mcnang C orp 1.784.000 Sel Properties 1.377.000 Idrts H>d
      Source: Bridge Info  -  2,550 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Renewed speculative buying takes index up
        4910 17 Bernama KUALA LUMPUR Share prices here closed slightly higher yesterday in active trading on renewed speculative buying. The KLSE Composite Index reached an intra-day high of 634.94 before ending 0.23 of a point higher at 636.67 from Wednesday's close. The Industrial Index tacked on
        Bernama; Source: Bridge Info  -  4,910 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Market firms up on selective buying
        1072 18  -  By Sylvia Wong SINGAPORE The Straits Times Industrials Index moved up 6.57 points on selective buying to 1.658.62 yesterday. The benchmark index touched 1,662.56 in early afternoon but profit-taking pared its gains. Brokers said the market got a small fillip from news that CPF
        Source: Bridge Info  -  1,072 words
      • Article
        Chuan Hup Holdings
        63 18  -  Paul Leo BUY Chuan Hup Holdings at Si.IS as the medium-term outlook is bullish. The five-week moving average line has cut the 15-week moving average line, confirming the medium-term view. Support is at $1.14 and resistance is at $1.20. A break above 51.20 would see the stock
        63 words
      • Article
        Untitled
        5965 18 MAM BOARD Cr Gr man lm v«i d» lmiIk* in* dkw n mcb High Low Cuimi Sale (W) High Low Bayer SHhr Or P/E Sail mSTim AND C0MMEHC1AL 344 170 Aetna 324 -4 533 334 320 322 328 12.2 2.1 3.8 18.7 200.2 210 210 s Alex Hldgs 50c 210
        5,965 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      49 9 WILL THE MARKET STEAM AHEAP? MITA (P) 101 /8 /92 march VOL 17 No 3 1993 $4 FOREX FINDS \J| 1 CONVEYANCING FRESH RISKS A 1 JF J| k I FREE-FOR-ALL? SEMBAWANG'SM fu^vSITWE A $1,155 billion market 111 111 awaits Asean's food players j 111 8 ?8873??CJ039" ON SALE
      49 words
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      Page 10 Advertisements Column 1
      296 10 ASEAN FUND LIMITED (Incorporated in Singapore) 180 Cecil Street #17-00, Bangkok Bank Building, Singapore 0106. Notice of Annual General Meeting NOTICE IS HEREBY GIVEN THAT the Fourth Annual General Meeting of the Company will be held on Saturday, 20 March 1993 at 8.30 am at The Regent Bangkok, Amorn Room,
      296 words
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      Page 11 Advertisements Column 1
      133 11 We've Got It All Together mE SljKi EPf- sSiti' f We're looking forward to welcoming you on hoard our service your South African adventure at Changi Airport, after all no to Johannesburg. You'll experience a service graced with charm one knows it like we do. Charming people to serve you,
      133 words
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      Page 12 Advertisements Column 1
      625 12 FRASER NEAVE LIMITED IM_I (Incorporated in the Republic of Singapore) ANNOUNCEMENT ADJUSTMENTS TO OUTSTANDING WARRANTS ISSUED IN 1989 ("WARRANTS 1994") The Directors of Fraser and Neave, Limited (the "Company") wish to announce that, subject to approval by the stockholders of the Company and by the Stock Exchange of Singapore Limited
      625 words
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      Page 12 Advertisements Column 2
      120 12 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. n 8.V.1 a ISLE OF MAN CJ BAHAMAS 3 JERSEY C 3 BELIZE CI LIBERIA 1 COOK ISLANDS O
      120 words
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      Page 14 Advertisements Column 1
      189 14 Making an issue of the major issues r PBTRIJ l»l IM.RBT 1 i TiTniiimi'iiH I Name Address I Country: Tek Tlx/Fax Occupation: I want to subscribe for months I enclose QS$ cheque/money cider I USS/£/Cs/ A$ bank draft drawn on a Singapore bank Please charge Ss/US$ to my Amex/Visa/Dinera/ Masters.
      189 words
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      Page 14 Advertisements Column 2
      19 14 As and when the latest London/Rotterdam prices are not available, the previous trading day's closing figures are carried instead
      19 words
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      Page 16 Advertisements Column 1
      96 16 Since 1735 there has mmam 1 VmaM never been A quartz Blancpain watch And there never will be nu Singapore THE HOUR CI ASS t ucky Pt<ua Tel *****20T ScoCts Tel 21Vrt27/7l<*« Centrepoint Tel 7141 VJ&6OI Peninsula Plaza Tel 3178 KWIWVrf.I World Trade Centre Tel *****07 Renaissance 71) 1 1
      96 words
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      Page 18 Advertisements Column 1
      84 18 AMH Since 1735 there has S NEVER BEEN A QUARTZ BLANCPAIN WATCH jAnd there never will be nil Singapore IMI I«XIKUASS« Lutky Ha/a 7X24XVI Sculls 1H 21W27/7l** Centrepo.nl 7141 VHWiOI Peninsula Pla*a Tel U7**N/I«**i(jl World Trade Centre Tel *****07 H Palais Renatssaree Rallies Tel *****41* HChangi Airport Terminal lil.asl (.West
      84 words
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  • SPORTS
    • Article, Illustration
      Senior on even-par 72 with 17 others
      572 19  -  Epson Singapore Open New Zealand's Michael Long takes lead in first round Golf Reports by Shahiron Sahari SINGAPORE New Zealand's Michael Long became a first round leader for the first time in his career when a fourunder 68 gave him a one stroke
      572 words
    • Article
      Robinson: a working-class golf professional
      302 19 SINGAPORE Shane Robinson. in joint second place after yesterday's first round of the Epson Singapore Open, hardly fits the picture of the typical golf professional. Or maybe he does, for away from the glamour of the big boys and leading lights lie a whole bunch
      302 words
    • SIDE LINES
      • Article, Illustration
        Lock icon Langer among 13 golfers fined
        93 19 Reuter VALENCIA Bernhard Langer (left) was one of 13 golfers fined US$l5O (*****) for slow play during Wednesday's practice for the Mediterranean Open. The players were not named by tournament director John Paramor, but Langer confessed to being one of them and defending champion Jose
        Reuter  -  93 words
      • Article
        Lock icon Slow play penalties at PGA tour
        107 19 AP MIAMI New penalties for slow play, including disqualification, will go into effect on the US PGA Tour this week at the Doral Open. The penalties were ratified on Tuesday by the Tour's Policy Board, commissioner Deane Beman said. Beman said the tougher guidelines
        AP  -  107 words
      • Article
        Lock icon Golfer Daly on assault charge
        142 19 AP CASTLE ROCK, Colorado Golfer John Daly has pleaded innocent to an assault charge stemming from an altercation with his wife and will stand trial on May 25 in Douglas County District Court. Daly, charged with misdemeanour third-degree assault, filed his plea on Tuesday when
        AP  -  142 words
      • Article
        Lock icon Faldo to defend title
        61 19 AFP STOCKHOLM England's world number one golfer Nick Faldo will defend his Scandinavian Masters title from July 29 to Aug 1, organisers announced on Wednesday. The 35-year-old British Open champion, winner of six events last year, is aiming for the million-kronor (*****,100) first prize at the
        AFP  -  61 words
      • Article
        Lock icon Japan baseballers in 1st place
        66 19 AP PERTH Japan clinched first place in the Asian baseball championship standings on Wednesday with an 8-0 victory over China. Outfielder Takayuki Takabayashi, promoted to leadofT hitter, responded with a home run in his first at-bat. It was one of four homers by the Japanese.
        AP  -  66 words
    • Article
      Lock icon Langer standing in Olazabal's way at El Saler
      345 19 AP VALENCIA, Spain If Spain's Jose Maria Olazabal is to successfully defend his Mediterranean Open title and win for the first time in a year, it will be Germany's Bernhard Langer he probably will have to beat. Olazabal won last year's Mediterranean
      AP  -  345 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Athletics
        56 19 AFP WELLINGTON Scoreboard at abandonment of play yesterday on the first day of the rain-affected second test between Australia and New Zealand: New Zealand Ist innings M J Greatbatch not out 13; J G Wright not out 10; Extras (b2. Ib 2. wl) 5; Total (0 wkt): 28. Bowling:
        AFP  -  56 words
      • Article, Illustration
        Lock icon Basketball
        40 19 Reuter NEW YORK NBA results Wednesday: Chicago 125 Dallas 97; Boston 132 San Antonio 91; Utah 106 Detroit 98; Miami 125 Washington 106; Phoenix 125 Philadelphia 115; LA Lakers 117 Golden State Warriors 111; Houston 89 Sacramento 86. Reuter
        Reuter  -  40 words
      • Article, Illustration
        Lock icon Golf
        348 19 AP Reuter PALM BEACH GARDENS, Florida Point leaders for the US and European teams for the Ryder Cup at the Belfry in Sutton Coldfield. England on Sep 24-26. 1993. Through Feb 28: US 1. Tom Kite 830 2. Fred Couples 725.5 3. John Cook 657.5 4. Davis Love 111
        AP; Reuter  -  348 words
      • Article, Illustration
        Lock icon Motor-rally
        94 19 Reuter ARGANIL Leading standings in the Portuguese rally on Wednesday after the first seven timed stages: 1. Francois Dclccour (Fra) Ford. 1 hr 2 min 49 sec 2. Massimo Biasion (Ita) Ford. 16 see behind 3. Carlos Sainz (Spn) Lancia 26 s 4. Andrea Aghini (Ita) Lancia 29 s
        Reuter  -  94 words
      • Article, Illustration
        Lock icon Soccer
        67 19 AFP PARIS Wednesday's European cups results: L'EFA Cup Auxcrrc (Fra) 4 Ajax Amsterdam (Neth) 2 European Cup Winners Cup Sparta Prague (Czc) 0 Parma (Ita) 0; Champions Cup League Group B: PSV Eindhoven (Neth) I IFK Gothenburg (Swe) 3 FC Porto (Por) 0 AC Milan (Ita) 1. Group A:
        AFP  -  67 words
      • Article, Illustration
        Lock icon Squash
        98 19 AFP MADRID Wednesday's results in the Spanish Open Squash Championship: First round Rodney Eyles (Aus) b Ken Flynn (Ire) 15-11. 15-5, 15-3; Mark* Maclean (Sco) b Alberto Codina (Spn) 11-15. 15-10. 15-5. 15-14; Mark Al- len (Eng) b Tony Hands (Eng) 15-12. 15-9. 11-15. 7-15. 17-14; Jason Nicolle (Eng)
        AFP  -  98 words
      • Article, Illustration
        Lock icon Tennis
        330 19 AFP AFP AFP INDIAN WELLS, California Wednesday's results from the Indian Wells ATP tournament (x denotes seed): 2nd round Petr Korda (Cze x 5) b Francisco Clavet (Spn) 6-3. 7-6 (7/3); Marc Rosset (Swi) b Andre Agassi (US x 7) 3-6. 7-6 (7/5). 6-4; Thomas Muster (Austria) b Grant
        AFP  -  330 words
    • Article
      Lock icon The old boss and the new Yankees
      278 19 NYT NEW YORK George Steinbrenner returned to baseball the other day as principal owner of the Yankees after a two-and-a-half-year suspension. One of the first newspaper ads for the "new" Yankees showed a picture of a group of Yankees, and in the first
      NYT  -  278 words
    • Article, Illustration
      Dream Team versus Dream Team
      555 19  -  Ronald Kow, who watched this year's NBA All-Star game live last week while he was overseas, gives a preview of tonight's telecast of the match Ronald Kow SINGAPORE Basketball fans who watched the USA Dream Team play in last year's Barcelona Olympics saw the sport
      555 words
    • Article
      Lock icon Scottish rugby's miracle man bowing out
      373 19 Reuter LONDON The man hailed as Europe's finest rugby coach will plot England's downfall for the last time this weekend, aware that New Zealanders will be watching his every move. Scotland's visit to Twickenham is already pregnant with possibilities a second consecutive English loss
      Reuter  -  373 words
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      Page 20 Advertisements Column 1
      576 20 ~kme JU Penang High Tea Gome and sample our revamped menu at Princess Terrace. It's extra delicious! Available every Saturday, Sunday and Public Holidays from 3pm to spm. jgl^EBS At only $11.80++ per adult and $6.80+ per child, The combined experience of inclusive of coffee/tea, this is our Penang chefs
      576 words
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      Page 20 Advertisements Column 2
      350 20 WHERE TO WINE, OINE AND ENTERTAIN Our weekend tea is so satisfying, people sometimes break into song. Mr Choose from an astonishing variety of savoury and sweet favourites. And if that's not enough, our tea special also includes karaoke at Singsation, Singapore's only theme tirmkf lounge. So pop over to
      350 words
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      Page 20 Advertisements Column 3
      376 20 i Qiehcesy Q)u/ &a^Q)e^(Da/cu& Top of the M is Si Orcr I proud to present C«bH you a taste of j Pas-De-Calais. So «<«M« rm •'sif &(U.fepr A Culinary Tour o< France 1 Saturday Spectacular! e Saturda y Buffet Lunch at Coleman's r*Qf@GB(fg&cxr\ Coffee House is a weekend treat ready
      376 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Tricks and treats
      914 21  -  Singer-actor Sting talks to Gary Hill in New York about his latest album Gary Hill Reuter am glad you've I got a president who plays the I saxophone/ 1 says Sting of Bill Clinton. "He feels like somebody you could actually sit down and have a conversation
      Reuter  -  914 words
    • Article, Illustration
      Lock icon French culture under attack
      455 21  -  Conservatives, set to win the coming elections, plan to throw out the Socialists' cultural policies, reports Marilyn August Marilyn August AP Graffiti on display at museums. State-subsi-dised rap music. Condoms dispensed at high schools. In his 12 years in office, Culture Minister Jack Lang has redefined
      AP  -  455 words
    • Article, Illustration
      Lock icon Ranks dropped from Tonight Show line-up
      413 21 CHATTERBOX AP AP AP Reuter GRAMMY-WINNING reggae artist Shabba Ranks was pulled from The Tonight Show With Jay Lcno guest linc-up becausc of remarks he made earlier about a song that advocates violence against gays. Ranks said on Tuesday that he was sorry, but
      AP; Reuter  -  413 words
    • Article, Illustration
      Lock icon Arnie: a big star in NY
      35 21 Reuter NEW YORK A giant replica of actor Arnold Schwarzenegger looming over Times Square in New York on Wednesday. The replica is a prop for a new movie. Reuter
      Reuter  -  35 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      1379 21 TV RADIO Picture Perfect, 10.30pm, SBC 5 While photographing Parisian rM" architecture, a photographer aM-p -^*-1 accidentally captures the at- Jl it. i—~ tempted murder of a top mod- 1, l.t J| B on film. Without quite H.....„,. I -<C H knowing what's going on, he IBS j H soon
      1,379 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Gadgets to make life easier for car owners
      537 22  -  Hong Lee Tiam reports on the new Credit Card key and an umbrella which can be closed with one hand Hong Lee Tiam KIAN Gwan Electric Pte Ltd (KGE), a member of the Kian Gwan Group of companies that deals in automotive
      537 words
    • Article, Illustration
      Good sport Nike
      232 22 ITS HARDLY unusual for an advertising agency to blow its client's horn. But for the client to heap laurels on its agency is another matter especially when the agency drops the client's account to take on its arch-rival. Well, sports shoe giant Nike did just that. In
      232 words
    • COPY LINES
      • Article
        Forbes tops ad list for US publications
        68 22 NEW YORK Bi-weekly Forbes magazine was America's top publication in terms of total advertising pages last year, according to the Publishers Information Bureau (PIB). This is the first time a non-weekly magazine has topped the PIB list. Forbes had 3,763.9 ad pages up
        68 words
      • Article
        Buzz acquiring rival magazine's assets
        60 22 SINGAPORE Sondhi Limthongkul's Los Angeles-based magazine Buzz has acquired the assets and circulation list of rival publication LA Style from American Express Publishing Company for about US$2 million (553.3 million). LA Style will cease publication after April. However, some elements of the magazine, such as
        60 words
      • Article, Illustration
        Lock icon Columbia launching ad on rocket
        94 22 ATLANTA Columbia Pictures has bought the first advertising space on a Nasa rocket that will be launched in May. Columbia will promote Last Action Hero, a movie starring Arnold Schwarzenegger. with a spot on the fuselage of a 17.5 m Conestoga rocket. "Hie ad was
        AP  -  94 words
      • Article
        BSB gets Taj Group account
        56 22 SINGAPORE The Taj Group has appointed Backer Spiclvogel Bates Ltd (BSB Hongkong) to handle the advertising for its hotels in India Sri Lanka and Nepal. The group has decided to promote the p r operties globally. BSB is Hongkong's leading ad agency, having won every
        56 words
      • Article
        Emirates gets high ratings for service
        91 22 SINGAPORE Emirates, the international airline of the UAE, has received high ratings for its first-class service in a survey by a French publication. The monthly magazine Bancs d'Essais du Tourism circulates among 80,000 tourism professionals. Emirates has been operating a thrice-weekly serv ice to
        91 words
    • Article, Illustration
      Say hello to Ho Chi Minh City
      496 23  -  A new Singapore agency is venturing into Vietnam, reports Terence Lim Terence Lim AN advertising agency set up in Singapore just two months ago is venturing into the Vietnamese market. The Advertising Agency Pte Ltd will spend about U*****,000 (S$410.000) setting up an
      496 words
    • Article
      Lock icon Ad agencies poised to invade Vietnam
      505 23 Vast market of 70m consumers waiting to be wooed Advertising Age International NESTLE, Unilever and CocaCola Co are among the first major multinationals from outside Asia poised to enter Vietnam, spurring advertising agencies to get ready, too. At least six agencies have moved to
      Advertising Age International  -  505 words
    • Article
      Lock icon O&M centralises regional media planning, buying in HK office
      419 23 New division will also coordinate agency's media operations worldwide South China Morning Post OGILVY Mather Worldwide Asia/Pacific (OMW-Asia/Pacific) has set up Hongkong's first specific media planning, buying and consulting service within an advertising agency. As well as planning and buying regional
      South China Morning Post  -  419 words
    • Article, Illustration
      Lock icon Painted buses making debut in San Francisco
      911 23 Ad 'vehicles' may help keep costs of public transportation down Bloomberg Business News IT's a bus. No. it's a billboard. No. it's the painted bus. a new advertising "vehicle" that is getting a test drive from urban transit districts in San Francisco. The
      Bloomberg Business News  -  911 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      448 22 V ilk &*!I3S X 7T-> $^mhPHHRN^ ?T. ij lis; 1J SL3 1$ Vista A +1% Actual view MTH S**tife3Ri TT bi!i£k. Actual view ■l Horse-Riding WM1* Golf Course AN INVESTMENT AS SOLID AS A MOUNTAIN. Silverpark Holiday Apartments, located 4,100ft above sea level at Fraser's Hill are not 1 1
      448 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      40 23 The Attention seeker pi aims for the right media and the right company Classified the people finder. THE STRAITS TIMES THE SUNDAY TWES BUSINESS TIMES THE NEW PAPER UANHE ZAOftAO UANHE WANBAO SHINMIN DAILY NEWS BERfTA HARIAN BE RITA MINGGU
      40 words
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      Page 23 Advertisements Column 2
      454 23 Learn How To Create And Be Part Of A CHAMPION TEAM from BLAIR SINGER IH MM In this three-hour intensive workshop/seminar Blair Singer, Instructor with the Excellerated Learning Institute, and a Money You presenter, will give you the keys in creating or being part of a champion team. You will
      454 words
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  • Article
    Macleod needs to kick some butts
    511 24 EDITORIAL HONGKONG'S Financial Secretary Hamish Macleod has announced one of the most generous giveaways in the territory's fiscal history. His please-all Budget won friends all round with the exception of China and perhaps the corporate sector, which was denied a cut in the 17.5
    511 words
  • WHAT THE OTHERS SAY
    • Article
      Try's choice a good sign
      189 24 IN AN impressive display of consensus, all the political factions represented in Indonesia's highest legislative body, the People's Consultative Assembly, have supported General Try Sutrisno's candidacy for vice-presi-dent. This development almost makes certain his election, although President Suharto's approval would be needed after his own
      189 words
    • Article
      Preserving our natural heritage
      149 24 THE closing of Khao Yai National Park last year to overnight visitors could turn out to have been a beneficial move. It will depend on what the Royal Forestry Department does with the park, now that it intends to re-open it. It is widely accepted that
      149 words
    • Article
      Look after workers' health
      187 24 EMPLOYERS have strong reasons to feel alarmed by rising health costs in Singapore. Knowing fully well their impact in many developed countries, Singapore employers want to act fast before it is too late. And the government announcement of the 2 per cent cap on tax deductions
      187 words
    • Article
      Give China credit where due
      173 24 ONE SHOULD appreciate the effort China has put into reforming its economic system. With the push given by Deng Xiaoping, market economics has become legitimate in China. The Communist Party had proposed constitutional amendments for replacing "socialist planned economy" with "socialist market economy". Although the
      173 words
    • Article
      Cruising along victory highway
      156 24 WHEN Malaysia's first venture into car manufacturing was announced a decade ago, the prophets of doom said the national car would be going down the Indian road, in reference to the slow injection of advanced technology and engineering in India's car industry. Many foreigners and Malaysians
      156 words
    • Article
      Let him not have died in vain
      140 24 ALL THE outpouring of support, tears, flowers and teddies in the world cannot bring back James Bulger, the two-year-old British boy so ruthlessly murdered, allegedly by two young boys. The case has ignited moral indignation, a sense of loss and a search for
      140 words
  • Article, Illustration
    Lock icon The end of Chung Ju Yung's political odyssey
    742 24  -  James Sterngold listens to the Ross Perot of South Korean politics whistle a different tune from the one he did during last year's election campaign James Sterngold NYT THE extraordinary yearlong political odyssey of Chung Ju Yung, an industrialist whose run for
    NYT  -  742 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      367 24 NOTICES THE COMPANIES ACT, CAP. SO EXCELF LO TRADING PTE LTD On Liquidation) At a general meeting of EXCELF LO TRADING PTE LTD duly convened and held on the Ist day of March. 1903 the Mowing spatial resolution was passed: SPECIAL RESOLUTION Thai the Company be wound up voluntarily pursuant
      367 words
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      Page 24 Advertisements Column 2
      458 24 IN THE MATTER OF THE COMPAMES ACT. CAP. SO ?EE LTD (In MstHbere' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and hett at ifißafflee Quay #22-00, Hong 10 Ouam on the Ist day or Marcn 1993. the Resolutions
      458 words
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      Page 24 Advertisements Column 3
      414 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PACIFIC BIOMEDICAL ENTERPRISES PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at Suite 1301, The Hong Kong Club Building.
      414 words
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      Page 24 Advertisements Column 4
      404 24 In the matter of Tbe Companies Act, Cap. 50 And In the matter of Marwdd Engineers (PTE) LTD STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES I, Foo Meng Soh of 737 Bedok Reservoir Road #02-5364, Singapore 1647 make oath and say as
      404 words
  • Page 24 Miscellaneous
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  • ANALYSIS
    • Article
      Lock icon Heady brew may power Japan into the next century
      632 25  -  Yuji Aso reports on the drive to turn methanol into a practical fuel for electric power generation Yuji Aso Reuter ATINY Japanese island is leading the race in developing a clean and potent alcohol not for the cocktail cabinet but to
      Reuter  -  632 words
    • Article, Illustration
      Tenaga faces a whittling down of its power
      1467 25  -  BT's Kuala Lumpur correspondent, Leslie Lopez, discusses the shortage of electricity in Malaysia. He also reports on efforts to boost the nation's power generating capacity and what it means for Tenaga, the state-controlled power company Leslie Lopez IN March 1991, a letter
      1,467 words
    • Article
      Battling for a piece of the lucrative action
      546 25 AS national power company Tenaga Nasional Bhd fights brush fires to avert Malaysia's energy crisis, private concerns are battling for a slice of the power supply business. The government has opened Malaysia's power generating business to the private sector to meet the
      546 words
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  • Article
    Lock icon Report of Russian army's demand raises coup fears
    467 26 Reuter MOSCOW Russia's conservative parliament expressed concern yesterday over a report that top army commanders had demanded resolute action from President Boris Yeltsin to end a power struggle with deputies. Parliamentary chairman Ruslan Khasbulatov, upping the stakes in his battle with Mr
    Reuter  -  467 words
  • Article
    Lock icon Risk of major political crisis in Russia rising, Senate told
    350 26 Reuter WASHINGTON The odds of a major political crisis in Russia in the next six months are increasing, the head of an agency that insures US investments overseas says. James Berg, acting president of the Overseas Private Investment Corp (Opic),
    Reuter  -  350 words
  • Article
    Lock icon China warns US against attaching terms to MFN status
    315 26 AP, UPI BEIJING China yesterday warned the US not to make an "unwise" decision by attaching conditions to the extension of a special trade status for Beijing. US Secretary of State Warren Christopher said last Sunday that the Clinton administration expected
    AP,; UPI  -  315 words
  • Article
    Lock icon US factory orders down by 1.3pc in January
    206 26 Bloomberg Business News WASHINGTON Factory orders in the United States declined 1.3 per cent in January, the largest loss in five months, the Commerce Department said yesterday. Fewer aircraft orders were responsible for most of the month's decline, the government said. Orders
    Bloomberg Business News  -  206 words
  • Article, Illustration
    Lock icon Philips announces US$486m loss, plans to cut up to 15,000 jobs
    457 26 AFP, Reuter EINDHOVEN, Netherlands Philips, Europe's largest consumer electronics concern, yesterday announced a 1992 net loss of US$4B6 million (***** million), plunging the group back into the red after a brief recovery the previous year. Philips Electronics NV, which
    AFP,; Reuter  -  457 words
  • Article, Illustration
    To fatten bottom line, watch the culture
    793 26  -  The Bottom Line CHEONG YIP SENG CHEONG YIP SENG The writer is Editor-in-Chief ofSPH's English/Malay Newspapers Division. LIKE many of his colleagues in the Western media, the China correspondent of the New York Times is fascinated with the growing economic power of China.
    793 words
  • Article
    Lock icon New rules needed for global trading system, says Kantor
    255 26 Bloomberg Business News, Reuter WASHINGTON "New rules of engagement" arc needed for the global trading system to promote worldwide economic growth. US Trade Representative Mickey Kantor, in a speech prepared for delivery to the Semiconductor Industry fiissociation yesterday, said: "Above all
    Bloomberg Business News,; Reuter  -  255 words
  • Article
    Lock icon America s hardline stance casts a shadow over Gatt talks
    461 26 Reuter GENEVA Trade envoys expressed gloom yesterday over the prospects for completion of the troubled Uruguay Round amid signs that the United States is pressing for a reworking of accords already reached. The envoys, from different groupings within the talks,
    Reuter  -  461 words
  • Page 26 Advertisements
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  • Shipping Times
    • Article, Illustration
      Stricter safety measures for passenger ships from Oct
      441 27  -  By Ramesh Divyanathan SINGAPORE Passenger ships and regional ferries calling at Singapore will have to comply with new and stricter safety regulations from October this year. This follows the recommendations of a safety committee set up after the Royal Pacific passenger ship
      441 words
    • Article
      Lock icon Oil companies urged to compile list of acceptable tankers
      665 27 Bloomberg Business News WASHINGTON If oil companies want to get untrustworthy tankers off the market they should publish a list of all the ships they find acceptable. That's the word from shipbroker Michael Tusiani, chairman and chief executive officer of New
      Bloomberg Business News  -  665 words
    • Article
      Lock icon Freight market shifts focus to S America
      215 27 Knight-Ridder NEW YORK The freight market shifted its attention away from North American grain loadings and towards South America. Some exporters commented on Wednesday that the steady increase in ocean freight costs from the US Gulf was forcing some overseas grain buyers to
      Knight-Ridder  -  215 words
    • Article, Illustration
      Lock icon Consortium no more
      1011 28 CP Ships has bought over partner CMB Transport's share in Canada Maritime, ending its existence as a consortium. But little else, it seems, will change in the short-term International Transport Journal Another consortium with joint marketing arrangements, Canada Maritime, has ceased to be a consortium and passed
      International Transport Journal  -  1,011 words
    • Article
      TRANSPORT DIARY
      651 28 COURSES Title: Sea Transport (SDF 70%). Duration: March 10 June 9 (14 evenings) Organiser: Singapore Freight Forwarders Association Tel: All courses are open to nonmembers. For further details and application forms contact SFFA at tel: 253-7550 or fax: 253-2303. Title: Basic Principles of Shipbroking Chartering (SDF 50%) Duration:
      651 words
    • Article
      DAILY FREIGHTS
      411 28 THE freight market on Wednesday took support from a firmer US Gulf/Japan grain fix at US$25 and news the Russian grain payment crisis may be resolved, brokers said. Gulf/Japan was indicated higher at U5524.77 in the Baltic Freight Index amid its overall two-point rise to 1,371. The US
      411 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      551 28 Feb 25 Density Water Carbon Residue Ash A! bmrium Sedment Density Water Carbon Residue Ash A kaimin Sedbnent KG/M*3 V/V M/M M/M PPM M/M Exxon method KG/M*3 V/V M/M M/M PPM 1 MM Exxon method BO/Canac Limits Spec E25 Spec G35 991 991 1.0 1.0 15.0
      551 words
    • Article, Illustration
      Lock icon Bottom line of US airlines comes under scrutiny
      1373 30 The Federal Aviation Administration is making the economic health of the US airline industry its priority as it believes financial soundness will result in a payoff for safety Aviation Week Space Technology THE desperate financial straits of US airlines have pressured the
      Aviation Week & Space Technology; Source: FAA  -  1,373 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1148 30 Page Col ABC Containerize 12 I Accord Group 10 1-3 Ahrenkiel Liner 18 4 Allied-Link 18 4/5 Alpha Feeders 8 I ANL 5 1/2 APL 7 3-5 ASCL 7 5 Asian Breakbulk 18 5 ASXCLShpg 17 2 Avant Shpg 8 4/5 Avia Airways
      1,148 words
    • Article
      THE SHIPPING GUIDE
      9772 38 I his is a list of ship> loading at Singapore for ports around the world, it tabulates. by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang
      9,772 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        627 45 Vend Voy No Bcrih Arrival Oepvtrn Vessel Voy No Berth Arrrvjl Departu e Jurong Port Seamar 05 93 P04 alongside 0403/1400 Afktos Orion 12 3 alongsde (ft 03.0600 Smar Batam SB198 P01B alongside 05 03 2300 ASI 49 B il alongside OS 03/1500 Trans ffocd 252* P08A
        627 words
      • Article
        CONTAINER SCHEDULES
        1992 45 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Sip toi Wt Contawn rabble SNp Voy H> Conbran waMk 6 Teratai 3193 *****3 1550 tando 1 3018N1 COO(EST) 04 03 93 2300 Takan IV *102 *****3 1810 Bmantara 1 03S 93 COO(EST) *****3 2300 Equator le«e 148N 03 03 93
        1,992 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon China launches campaign to improve air safety
        381 48 UPI BEIJING Aviation officials have blamed lax safety and operating errors for a series of fatal airline crashes last year in China and have launched a nationwide drive to improve air safety, a state-run newspaper reported yesterday. "Dangers increased last year as China's
        UPI  -  381 words
      • Article
        Lock icon Iata may impose partial ban on computer games on planes
        240 48 Reuter MONTREAL An international agency is considering a partial ban on computer games and personal stereos aboard aircrafl say ing computer games may interfere with radio traffic and stereos distract passengers. The safety advisory committee of the International Air Transport
        Reuter  -  240 words
      • Article
        Lock icon Compass Airlines to go into voluntary receivership
        222 48 AFP SYDNEY Australia's fledgling domestic earner Compass Airlines will go into voluntary receivership after failing to secure a A 59.2 million (SS 10.7 million) rescue package, its parent company announced yesterday. Southern Cross Airlines Holdings Ltd said in a statement that it had
        AFP  -  222 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1348 48 at* np* ETA F*ht ETD Abu Dhabi GA860 0025 GA970 0100 QF81 1935 QF82 2050 SQ227 2230 Antiiiiw KL837 1545 GA890 0100 SQ323 1815 SQ320 1100 KL838 2350 Athens SQ348 2300 Auckland NZ35 1425 BA1 1 1340 SQ288 2045 SQ 285 2115 BA12 2200 NZ36 2235
        1,348 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      91 27 BusinesslT Every Monday in Business Times Canada Maritime: consortium no more. Page 2 China launches air safety campaign, Back Page Focus on financial health of US airlines. Page 4 Index to advertisers, Page 4 wint JARPINE SHIPPING AGENCIES congratulates AUSTRAUAN NATIONAL LM^fl on the Official Opening of ■pf; the new
      91 words
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      Page 27 Advertisements Column 2
      14 27 the FAMOUS MwauMy* ■jMill.'U 224 1833 For more information please refer to Pg. 13
      14 words
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  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      599 28 TODAY'S TIDES (heiht in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 It 1.6 1.5 1.4 1.5 1.6 14 2.1 2.4 24 2.7 2.5 2.1 1.7 1.3 1.0 0.7 0.6 0.7 0.9
      599 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      573 29 mm ALLIED CONTAINER SERVICES PTE LTD. M CONFI CONTAINER SERVICES PTE LTD. ■I I ALLIED CONTAINER SERVICES SDN. BHD. I WM ALLIED CONTAINER (ENGINEERS I MANUFACTURERS) PTE LTD. H 50. Telok Blangah Road, #01 -04/05 Citiport Centre, Singapore 0409 I Tel: *****00/6201/6202,*****51/6952,*****13 Fax: *****40 mm Mm 1 Container Depot: 10
      573 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      323 30 Someone dose has been Iving Your son in Canada is studying for some years, overseas. You've gtoniy And you writing those KfTTTnn A, long letters. Inffnjl want him The straits Times ■pliiJH close to home Weekly teilsK better. -with news (He might from home. comeback after reading an the good
      323 words
    • Advertisement
      Page 30 Advertisements Column 2
      34 30 Lines and services represented by I Members ef the Registry of Accredited (fffQl't Shipping Agents, Singapore National SNp- UIS smij\ ping Association. I tor advertising enquiries, contact Stup/un* limes: t'e 7 to- am/f 10-2090.
      34 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      2848 31 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES *****11 *****09 BOOKINGS TEL: *****34 *****58/ *****40 mllMr B CFS (PSA F5) TEL: *****21/ *****79 WKBSMWk JARDINE SHIPPING AGENCIES SDN. BHD. P DQQQQ H PETALING JAYA TEL 03-*****76 FAX: 03-*****42 k Vmr A PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to
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      758 31 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 fmuAscl J UNITED ARAB SHIPPING CO-fSAG)//J To USEastCoaat Inaw a l ira ml i I m» ■I OHM HUH (/U VM M/M U/*» 11/ M «/u 21/ M turn am am a DWI MIM 7/M It K 11,81 IVM umti aou mmm
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      1280 31 NEXT SAILING TO CARIBBEAN/MEXICO/CENTRAL AND SOUTH AMERICA MC-KINNEY MAERSK V.9304 ETA SIN 9TH MARCH 1993 Vets* Voy ETA ETD Feeder by Sea Lark Aries DESTINATIONS Thn week MC-KINNEY MAERSK V 9304 9/3 1900 HRS HH CFS 9/3 1100 HRS JOH LPK PEN OAK LG6 MOU SOO ATL MA CHS BAL
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      1455 32 AQABA R DAM/ [I HMMM VOY NO S PORE JEDDAH (via JED) STON H BURG ANT HAVRE ■UMIJ LUDWIGSHAFEN EXPRESS 06/308 6/3 15/3 21/3 24/3 27/3 29/3 31/3 L fIU. RISTMIM) KASUGA 1 25/109 11/3 27/3 30/3 28/3 PORT KELAM ft PBMM LEVERKUSEN EXPRESS 11/309 13/3 22/3 28/3 31/3 3/4
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      582 32 EmSmlßh FCL 4 Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.1.5.-Vo*tochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam Mongolia t Hungary CSFR Poland ocT^rrans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANOA-BATA Feeder Vessel ETA SM VILLE DE TUCANA 07/03 VILLE DE
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      Page 32 Advertisements Column 3
      1480 32 Qimmu UVI REGULAR INPEPENPEMT FULL CONTAINER SERVICE VBL/VOY SIN ALQ BRE# ROT ANTt FEL LHA I NOR ASIA AL-MUNTAZAH 9301-3 09/03 30/03 31/03 04/04 05/04 06/04 07/04 08/04 09/04 I NORASIA SAMANTHA 9302-3 16/03 OC/04 07/04 11/04 12/04 13/04 14/04 15/04 16/04 I NORASIA SUSAN 9303 S 24/03 14/04 16/04
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      2028 33 H STRAITS SHIPPING PTE LTD 10 Hoc Chiang Road #11-01 Keppel Towers Singapore 0208 Tol: *****88 Fax: *****17 m mt»pm no lm due sus comajnkr tomes to cammom STRAITS VENTURE VO6E Muara. Lab. KK 02 03 Mar 04 Mar 05 Mar KRIS MMUH VO4E Muara. KM. Skin. law 08 M
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      Page 33 Advertisements Column 2
      2481 33 SINGAPORE AGENT: a f ft Af*C P&O Containers (Singapore Agencies) Pte Ltd IXI W 9 10 H °e Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z M VESSEL VOY -Mt *PKO MM ALO SOU ANT JOT MAM
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      711 34 INDONESIA NATIONAL LINE T6 EUft&K •WW* icAyrufSSScftfflSc: vs. ioi whh/mml hwk 1 wool mm*" KUTIU 27W8 114 17/3 I 12/4 17/4 lf/4 72/h TO g^kj^p^pipgl EAST COAST PMTS N 7 VSI/VOT PHI STORE STP MELB BWS 1 Fig MCI COW* 03S 9/3 S/I 22/3 26/3 2/4 HMO TEMASEK 53S 22/3
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      1976 34 HANJIN SHIPHNG FDR VSL SM UK HAUL SEA POX fDR VSI SM ILME HAUL SAV KM NYC HANJM ELIZABETH 007E 6/3 DKCT 25/3 27/3 HMUN SEOUL 131E 1/3 H. HONGKONG 03K 1/4 »/4 U/4 HARM VANCOUVER 012E 13/3 DKCT 1/4 3/4 HMUN KNANGYANC 099E 8/3 M. EIMFC OOGE 15/4 16/4
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      909 34 IKI UK WS U6 PUS MI OS* NET SB lID LU OS 111 HTCliff M U nr IK PI CM K1 SGT I lOH K OSS 4/1 kft 10/} 12/1 14/1 U/J 17/) IVJ »/J 21/3 22/3 2/4 14/4 10/4 17/4 27/4 21/4 20/4 JO/4 1/5 U/S 21/5 »/S 28/5
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      1181 35 'NEPTUNE AMBER I*' ET^GMO/03/9^^l| II II ARRIVING LOS ANGELES 28/03/93 IN 17 DAYS II II II AEX: NEPTUNE AZURITE 08E' ETA SGP 10/03/93 II II JXr |l ARRIVING NEW YORK 02/04/93 IN 22 DAYS. HI ■I jr II *R3 SCX: Contacting N. Diamond Voy 12E In Mg 28/03/93 HI Ito
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      388 35 ©HEUNG-A SHIPPING I Korean Flag Vessels STRAITS/KOREA SERVICE ru sue mu m mc moi CHOTMB SUN IM3OO 03/03 04/43 11/03 14/13 15/03 10/03 H0 7 DOMM 302 M M/ 03 12/13 21/13 21/13 a/13 IOmW 310H 11/13 17/03 21/03 25/03 20/03 27/03 CHOTMB UWD M3ll 11/03 10/03 23/03 27/03 20/03
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      Page 35 Advertisements Column 3
      140 35 CENTENARY SHIPPING SERVICE WEEKLY FOIL CONTAINER DRECT SERVICE SIMQAPORE/HO CHIMIMHCTIY Now provtdng Container Trucking toVungtxu, from Ho CM Mhh Oty J VtMtL'S NAME VOY. WW ETA/P >'PORE ETA/P NCM CITY TANAM AM 79N/S 09-09 MAR 12-12 MAR >3 TANAH AM MN/I 16 16 MAR 19-19 MAR 93 TANAM AM 91N/9
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      1044 35 I SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES LASTBOtfO-OOCHAROHG RESTBOUW)-lOAO«G TRAHSHTfED WA
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      1491 36 K** V AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 I mil? MALAYSIA: *K" LINE MARITIME (MALAYSIA) SDN BHD U V Pi TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SARANA LALTTINTERNUSA TEL: JKT *****76. *****77.*****08
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      Page 36 Advertisements Column 2
      1163 36 PHIU-OttICNT LINGS PTC LTD Y" 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 BV AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU (SO MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION I Um... im mm i m T —l I Wi/miCTWCf
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      1022 37 PACIFIC INTERNATIONAL LINES (PTE) LTD I SwSSSg 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I I CR NO: **********061 VOY SIN BKKsm «S«L VOYSIN *T MM EQUATOR CRYSTAL 133N 6/3 9/3 13/3 MM 5/3 mm W3 1 SIVSAMUT (THAI FLAG) BRBION 7/3 10/3 14/3 r EQUATOR HAWK UN 11/3
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      Page 37 Advertisements Column 2
      1758 37 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WttKLY p P GUDANG PENANG PKELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) E 5/3 6/3 SELANDIA 3062 9/3 26/3 28/3 29/3 31/3 E 12/3 13/3 BENALDER 3092 W3 2/4 4/4 5/4 7/4 D 19/3 19/3 20/3 TOYAMA 3102 23/3
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      Page 37 Advertisements Column 3
      303 37 I BSA° TRANSPORTATION M MYANMA U* FIVE STAR LINE (Myanmar National Line) Loadmg for Yangon (Ranfoon) Spore P.Kit Pen PGdf PAGAN VI94H 11/13 M* MYOMA TWA ¥147W 14/16 Mm 10/12 M» PARON VI22W 13/15 M* MALAYSA AfiWTS: 00USTU0 SHPfWG ACENCIS MA.: IE 03-*****00 P*l: IE 03-3(0(7(7 Wfc TU 0441(1% POD:
      303 words
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      2041 40 Full Container Liner Services A ta ts. mm) Genera/Agents: Booking Agents: Giun Gun Shipping Sin Bhd Chung Chiso Shipping Sin Bhd PJ. Gbhti Mrs Indonesia Moritime Costar Shipping Rte Ltd StMr Freight Booting Certrt 540 Bhd 58 Persiaran Raja Muda Musa Lot 3.34. 3rd Floor. J' < R H Juanda
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      Page 40 Advertisements Column 2
      597 40 EXPORTS TO HONGKONG, TAIWAN, MANU I JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUN) «HW fEN KT m It KAO Kg ITO TOE ag N6O AOS |KSBL my |sm [So n U 1 HMMAI 111 *113 113 113 13 03 11*3 11*3 20 #3 2M3 7113 Ml MM 127* 703 103
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      391 40 DIRECT BREAKBULK/CONTAINER SERVICE TO MANILA MV. OCEANIA EXPRESS VBl ETA 1/4/93 (HEAVY LIFT AVAILABLE UP TO 45 TONS) swgapo k SEAWAY SHIPPING PTE. LTD. £1 VifAg (GENERAL AGENTi NATWESI CENTRE 1503. SPORE 0106 TEL *****33 FAX *****53 TLX R*****8 WflK PORT KELANG GUfSHT AGE NOES SON M TEI 03 *****70,1
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      686 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) UMASSOL/PIREAUS 8/3 ROTTERDAM 8/3 HAIFA/ASHDOD/ALEXANDRIA 873 HAMBURG/BREMEN 8/3 MARSEILLE/FRANCE 873 FELIXSTOWE/UK 8/3 BARCELONA/SPAIN 873 LEHAVRE/ANTWERP 873 GENOA/ITALY 873 GOTHENBURG/SCANDINAVIA 8/3 LOS ANGELES/WC/IPI 6/3 SYDNEY/MELBOURNE 6/3 NEW YORK/EC 6/3 FREMANTLE/ADELADE 673 VANCOUVER 16/3 BRISBANE 16/3
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      Page 41 Advertisements Column 2
      722 41 TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) KSti ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL vessel Ivor eta loading for sppfte ANOtNET 30WB 10/04 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET 29W8 15/05 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA g KIEN HUNG LINE
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      Page 41 Advertisements Column 3
      1045 41 JAKARTA BANGKOK WT Ml MT [WT MWMWE T RMMCT RAM BHUM 68S IN PT 9/3 lARU BHUM 66N fri Wt PI Man «/3 THANA BHUM 20S 7/3 i 073 NAWTA BHUM 131N Sat 6/3 Wd 10/3 NANA BHUM ills 10/3 14/3 0 SENTOSA »N Sal 6/3 Tut 9/3 MM 7=
      1,045 words
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      1375 42 groupage I lwv~ 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/WEO/FRI) FOR ROOKING, PLS CALL *****76. *****75. *****22 fPFI iml£tmWArtM'R!tPTF LTD *****33 FAX: *****96/*****41 TLX: *9 ***** ACT $*****
      1,375 words
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      Page 42 Advertisements Column 2
      238 42 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM HKL LYT SM PROSPECT 23S 11/3 23/3 25/3 10/4 #N Z STAR 6S 20/3 1/4 3/4 20/4 PREMER 23S 4/4 17/4 19/4 4/5 WITH OPPORTUMTY TO CAU BRISBANE ON OR ABOUT 27/3 FULLY CONTAINERISED SAILINGS DISCHARGING AT
      238 words
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      1000 42 f THONG SOON UNES PTE. LTD 3 JL' 77 ROBINSON ROM) #15-00, #16-00 SM BULDMG SWGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 SBr TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING LINE: *****6* H i SINGAPORE TO SARAWAK 1 VESSCL VOY SPORE BEST VESSEL WY S'PfRE
      1,000 words
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      856 43 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCtPTMG BKAKBUU/SOC CMGOES TO/FROM NQK. YOKOHAMA. NAGOYA, MOt, TOKYO*. MANIA*. DAVAO*. Petunf* P. Ketanf Sin(aporc Elista* KAMALEVERETT VISE 23/24 Mar KARABSVERETT VUE 08/09 Apr 10/11 Apr SHAPIAEVERETT VISE 26/27 Apr 28/29 Apr ACCtPTMG BKAKBU.K ,'fCl, SOC CAKOIS TO/FROM CHITTAGONG. CALCUTTA MO MONO.A*. Singapore
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      329 43 181 QtOiV fUMQkim orifiT^ REGULAR LINER SERVICE TAIWAN TO SINGAPORE ft ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0N SP PKL PNG KAO GLORY SELATAN VI 8/3 10/3 13/3 24/3 GLORY SELATAN V 10/3 12/3 15/3 25/3 SP PKL HCM HK KAO GLORY SELATAN X 1/3
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      Page 43 Advertisements Column 3
      679 43 PGSL -WORLDWIDE mm -GLOBE STEAMERS LINES 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
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      Page 43 Advertisements Column 4
      416 43 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN ALSO CALLING PT. ELIZABETH/JOHANNESBURG TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN ALSO ACCEPTING CONTAINERS TO TUTtCORtN/ BANGALORE/COCHIN AND NEW DELHI WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED
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      373 43 SIN FAR EAST 9/3 KEELUNG/KAOHSIUNG 13/3 BANGKOK 8/3 MANILA/CEBU 7/3 JAKARTA/BELAWAN/SURABAYA 8/3 PORT KELANG/PENANG/E. MALAYSIA 8/3 BUSAN 7/3 TOKYO/YOKO/KOBE/NGO/OSA 8/3 HONG KONG SIN CHjNA (+B#±«£n) 8/3 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN /QINGDAO/HAIKOU also accepting LCL cargo SjN EUROPE/UK 8/3 LDN/FLX/LVP/SOU 8/3 RDV/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romama/Poland/Bulgana/Czech. SIN MSA/CANADA 14/3
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      673 44 HONG KONG/CHINA 8/3 JAKARTA 7/3 BANGKOK 6/3 10/3 MANILA 8/3 BUSAN 8/3 KEELUNG 9/3 TOKYO/KOBE 7/3 KAOSHIUNG 12/3 PORT KELANG/PENANG 7/3 YOKOHAMA 7/3 COLOMBO 9/3 FELIXSTOWE/HAMBURG 13/2 CHITTAGON6/MADRAS 10/3 ROTTERDAM/LE HARVE/ANTWERP 13/2 BOMBAY/KARACHI 8/3 BARCELONA. MARSEILLES. 6ENOA 14/2 CALCUTTA 7/3 LAX/NYC 7/3 SYDNEY/MELBOURNE CMT LINER EXPRESS AGENCIES PTE LTD HOT-LINE
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      461 44 y Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 10TH MARCH I ACCEPTING TO ALL PORTS IN NEW ZEALAND PENANG 11 MAR PORT KELAN6 11 MAR JAKARTA 7 MAR FREMANTLE 11 MAR SYDNEY 8 MAR MELBOURNE 8 MAR J BRISBANE 8 MAR HAMBURG 13 MAR FELIXSTOWE 13 MAR GOTHENBURG 13
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      Page 44 Advertisements Column 3
      293 44 Next Week's Sailings Singapore I —1 I7T-T FIRST FORWARDER IN To: E ID To: ETD asia awarded Singapore Singapore I so 9002 B* I.RQA EVERY EVERY Bangkok SUN Hamburg SAT EVERY EVERY /£s^V^\rOH Manila SL'N Ho Chi Minh FRI r IDIS I 1 ly,f J aaa EVERY EVERY 1 Colombo
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      Page 44 Advertisements Column 4
      355 44 I g NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHVNEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI. SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart Singapore
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      1439 45 JEBSENS REGULAR FORTNIGHTLY BREAKBULK SERVICE TO EAST/WEST AUSTRALIAN PORTS subject to inducement EAST WEST VSL/VOY SIN mi SYO MEB ADL PHE FTL AOL ARTEM VOOB 12-13/03 26-27/03 29-30/03 01-02/04 04-05/04 19-20/03 23-24/03 29-30/03 Agents: Ben Line Agencies (S) Pie Ltd Tat: *****22 Fas: *****63 Tin: R*****0 ■gr Ned'teyd FAST AND
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      677 46 UKC COHVENTIOHAL SERVICE VESSEL PKL PNG P G LOADING FOR A VESSEL 28/03 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR A VESSEL 15/03 20/03 Huangpu/Guangihou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHtNA/BANGKOK/HONOKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
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      Page 46 Advertisements Column 2
      167 46 J EES FREIGHT SERVICES PTE LTD I HjTn #01-60 Wallich Building, I Wallich Street, Singapore 0207 I Tel: *****66 (10 Lines) Fax: *****69/*****44 I I"PLANETA" 11 "SRI SAMUT" 11 "ACE CONCORD" I I V.136 II V.SRS 10N II V.3OE II ETD SIN: 8/3/93 11 ETD SIN: 7/3/93 11 ETD SIN:
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      286 46 1 [FARJAST) Xi<EELK^| VJAKAMaI n honckono 11, rangkok -V CgUROP^I f HAMBURG "V I ROTTERDAM J S felixstov^B r BARCELONA MARSEILLE ft V RVTRA 7 CARGO \TEL:*****68 CROSSWATER HEW OFFICE: 291 SERANGOON ROM) #06 00 SERANGOON UDM S(0«21) WAREHOUSE (CFS): BLK 37 #0« 25,* 16 PAG* FREIGHT STATION TEL: *****05
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      Page 46 Advertisements Column 4
      751 46 Antwerp 7/3 Fremantle 11/3 Bangkok 13/3 Bremen 7/3 Sydney 8/3 B usan 8/3 Hamburg 7/3 Melbourne 8/3 Hong Kong 8/3 LeHarve 7/3 PjT|niWHl!M| Kaohsiung 13/3 Felixstowe 7/3 Keelung 9/3 Rotterdam 7/3 Bombay 8/3 Jakarta 7/3 Calcutta 7/3 Manila 8/3 Chittagong 13/3 Lax Nyc 7/3 Kara ch| 8/3 pMgrTPSH *We travel
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      741 47 A HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS VOT PNA PKE PGP VESSELS VOY_ SIN RTM ANT* LEH* HAM BREj FEL HMM ADVANCE 06* 23/2 24/2 26/2 SI MARINER 303W 28/2 19/3 19/3 20/3 21/3 21/3 23/3 HMD ADVANCE 07A 2/3 3/3 5/3 H EXPLORER 304W 7/3
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      495 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS nssii wi v n ik u cosmc naui ii rr SOMil II t/1 It) REISMM 14 II) 11/) MM IS/) C99K TUMI 31 21/) sui uusa n 21/) m 2«/) Nua SIT 21/) HUTU 2)/) MM 21 3 ISIU
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      Page 47 Advertisements Column 3
      1012 47 EXPORT TO: I JEDDAH/UK/CONmNENT STOKE lID S TON HVXt R O*M UH Aho »ccepto>| Cvp For IUDNKSHATIN (intESS 04 301 S3 11/) 24/3 27/3 79/3 31/3 Southampton to ri IK dtitiubon. BtKist wd Outfr K*SUGA I 29/109 11/3 27/3 30 3 1/4 Rotterdam to al Antwerp. Amterdan. Oslo Hehriu UWRRUSIN
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      373 48 IVESTMENT^ Tomorrow in Business Times HPSA iff* MB— Port Of Singapore Authority I Diploma In Marine Operations And I I Administration I I Jointly Offered by I I Singapore Port Institute and the Maine Maritime Academy, USA I Applications are invited for enrolment to the 1993 Diploma in Marine Operations
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      Page 48 Advertisements Column 2
      45 48 INVESTMENT^I Tomorrow in Business Times The best Business Class to Europe? Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles ahead of its competitors. Call your travel agent or 733 3377 for more details. We know the world from start to Finnish.
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