The Business Times, 10 March 1993

Microfilm: NL18518
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 BUSINESS TIMES WE KNOW ASIA MITA (P) 552/12/92 Wednesday March 10 1993 75*
    13 words
  • 2am LATEST
    • Article
      Lock icon Gold price at its lowest in seven years
      71 1 Reuter LONDON Selling by US investment funds and bullion producers pushed gold to its lowest London fixing for more than seven years yesterday. Gold was fixed in London yesterday afternoon at U*****.95 an ounce, and it closed about an hour later at
      Reuter  -  71 words
    • Article
      Lock icon US wholesalers post strong sales gain
      69 1 Reuter WASHINGTON American wholesalers posted their strongest sales gain in seven months during January, increasing by 1.7 per cent to a seasonally adjusted USSISS billion (***** billion) after a revised 0.9 per cent gain in December, the US Commerce Department said yesterday. In response
      Reuter  -  69 words
  • Article, Illustration
    MARKET SUMMARY
    112 1 Stock market indices Tuesday Change STII 1.657.72 -3.32 KI.SE Composite 631.79 -6.14 Nikkei 17,848.30 +161.83 Hang Seng 6.508 +25.84 SET Index 883.71 -15.03 Jakarta Composite ...310.08 +1.58 CLSA China B 1.546 03 -18.25 Aust All Ord 1.633.7 +16.6 FTSE 100 2.949.9 -7.4 Tuesday Previous llam close Dow Jones
    112 words
  • Article
    Lock icon China overtakes Taiwan in US market
    149 1 AFP TAIPEI China's market share in the US for the first time outstripped that of Taiwan last year, while it kept pulling away from its political rival in Japan, economic officials said here yesterday. China has become Taiwan's main competitor in the island's major
    AFP  -  149 words
  • Article, Illustration
    Govt wants each S'porean to own a piece of economy: PM
    707 1  -  By Anna Teo SINGAPORE The government's new scheme to help Singaporeans own shares, especially in privatised statutory boards, is aimed at allowing them to literally own a piece of the economy. Prime Minister Goh Chok Tong said yesterday. Mr
    707 words
  • Article, Illustration
    Major stock markets continue to delight investors
    430 1 SINGAPORE The world's four major stock markets continued to display amazing strength this week to the delight of investors. In New York yesterday morning, the Dow Jones index had risen 8.90 points to 3,478.32 in very heavy trading by 11am (1600 C.MT). The
    430 words
  • Article
    Major's grip on party in doubt as dissidents vote against Maastricht
    508 1  -  From Neville Stack in LONDON PRIME MINISTER John Major escaped with his political life on Monday night, even though some of his own party did the unthinkable and voted with the opposition in the British Parliament. Thanks to those
    508 words
  • Article
    Indonesian assembly split over procedure for electing Suharto
    482 1  -  From Yang Razali Kassim in JAKARTA ON THE EVE of crucial elections. three of the five factions in the Indonesian People's Consultative Assembly (MPR) broke ranks with the ruling Golkar party over procedures to elect President Suharto and retired Gen Try Sutrisno
    482 words
  • Article
    Lock icon Amex may sell Shearson brokerage operations worth US$1b
    422 1 AP Reuter NEW YORK American Express Co said yesterday that it is discussing the sale of its Shearson Lehman Brothers Inc brokerage and asset management operations to Primerica Corp in a deal that will produce a powerhouse to challenge Merrill Lynch and
    AP; Reuter  -  422 words
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      92 1 /I E- V| Centrepoint #01-30 Tel: 737 4509 CONTENTS £3£\um Regional News 3,4.5 Financial 13.14 World News 6.7 Features Markets Analysis 27 Oob last. StS 19.20 Editorial 26 Regional 17 Sports 21 World 18 TV/Litestyte 23 Currencies 14 World Focus 8 Smtex/Commo .15.16 Subscription Tel 1800-*****77 Fax *****75 BT Editorial
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      20 1 Regional Analysis Baht Zone remains a mirage ffr 24 Tycoon Oci Hong I>eong enters into HKs4BBm China deal, Pg 11
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      12 1 Hock Lock Siew Properly stocks: Sit tight an J waif hi 9
      12 words
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      19 1 The Bottom Line f£j V^A 1 0 MAR 1995 H Drive against illegal welcomed /Uu/t-/fg More reports, Pg 2
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      162 1 #02-55/56/59 Wisma Atna A Ar"i i| Tel 235 5325 MELWANI t, THt mfss MMMON STWtf #01-25 Paragon By Sogo Tel 732 2556 Open a branch office A. {'at home. 06 01 15:41 ©65 33*6*90 CDM Pol iJPI To: Mr Chan Urgent Prom: Your Hardworking Secretary l|b; How was New Zealand?
      162 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Not quite sunny days yet
        318 2  -  By Hong Lee Tiam WILL the gloom over the retail industry lift soon? Not for quite a while, analysts say. Looking at the latest retail sales index figures, a Kim Eng Securities analyst said: "The trend is moving down." Compared with the corresponding periods the
        Source: Dept of Statistics  -  318 words
    • Article
      Emporium at The Concourse
      142 2 LOCAL retailer Emporium Holdings will open a 14,000 sq ft supermarket in the basement of Hong Fok Corporation's $480 million flagship property. The Concourse. Emporium already has 22 supermarkets and department stores, 10 sports stop boutiques and three specialty shops. But The Concourse will be its
      142 words
    • Article, Illustration
      1993 Budget the launching pad for an external economy
      570 2 Yesterday in Parliament THE 1993 Budget is the launching pad for Singapore to develop an external economy. And the tax reform it kicked ofT should boost the country's quest to become a developed nation. Finance Minister Richard Hu said yesterday in
      570 words
    • Article
      Something's amiss with the SES, says Heng
      392 2 IS THE Stock Exchange of Singapore good for investors? Businessman MP Heng Chiang Meng suggested yesterday that perhaps "something is not quite right" with the state of the Singapore market. The SES was once the second largest bourse in Asia outside Japan, behind
      392 words
    • Article
      $200 cash grant can be withdrawn under normal CPF rules
      779 2 THE promised $200 cash grant from the government for all Singapore citizens above 21 years old can be used to buy shares or be withdrawn after Sep 1 under the normal CPF withdrawal rules. The Central Provident Fund board yesterday
      779 words
    • Article
      Act to reverse decline in manufacturing: Chua
      256 2 THE government should take bold measures to reverse the decline in the manufacturing sector, said Nominated Member of Parliament Robert Chua yesterday. With costs rising and profits falling, the sector was on the verge of entering the economic danger zone, he warned. Manufacturing
      256 words
    • Article
      It's your move, Prime Minister
      306 2 NOMINATED MP Kanwaljit Soin yesterday thrust into the hands of the Prime Minister a matter that was "crying out for new policy directions". The orthopaedic surgeon brought, in some graphic detail, to the attention of the House the question of how Singapore could and should
      306 words
    • Article
      PARLIAMENT BRIEFS
      263 2  -  Reports by Anna Teo Chuang Peck Ming HEAVIER punishment is being planned for loan sharks. Law Minister S Jayakumar has introduced the Moneylenders (Amendment) Bill which will raise the maximum fines for illegal moneylending from $5,000 to $100,000 for individuals, and to $200,000 for firms. For individuals, the
      263 words
    • Article
      Building of private homes slows down
      319 2  -  By Colin Tan CONSTRUCTION of private flats and houses is slowing down. Figures released yesterday by the Urban Redevelopment Authority show the number of planning approvals granted in January for private dwellings was 19.2 per cent down on the monthly average last year. But
      319 words
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      209 2 JX-9700E t i Irj r-fl Li Continuous 250-sheet printing, sharp mm—mttMMßims _c=h[JLH plus 500 more from optional 4 ii extra cassette 3 Ifel Only 400 mm (W) X 420 mm -p- y J (D) X 278 mm (H) I nlj |j i i V I —i Uf| g L JX-9600
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  • THE REGION
    • Article
      M'sian Parliament approves constitutional amendments
      572 3  -  From Leslie Lopez in KUALA LUMPUR THE Malaysian Parliament yesterday approved constitutional amendments that will strip the country's nine sultans of their immunity from the law a move said by analysts to have far-reaching implications for the country's political and social fabric. With control of
      572 words
    • Article
      Desaru developer files more papers in Kajima suit
      325 3  -  By Amy Balan SINGAPORE A M 53.4 billion (SS2.I billion) plan to turn Desaru into a vacation paradise may have stalled, but the parties behind the scheme remain firmly embroiled in an expensive legal battle in the United States. Lawyers for Thanga
      325 words
    • Article, Illustration
      Ramos arrives in Tokyo
      379 3  -  Philippine president seeks to attract Japanese capital From Al Labita in MANILA PHILIPPINE President Fidel Ramos arrived in Tokyo yesterday to reassure the Japanese that it is safe to invest in the Philippines. He is expected to win nearly 140 billion yen (SSI.9 billion) in loans
      379 words
    • Article
      Lock icon Manila's military modernisation plan may be delayed
      368 3 AFP MANILA The muchneeded modernisation of the Philippine military may be set back by a delay in passing a Bill for necessary budget allocations, a congress leader said here yesterday. Congressman Eduardo Ermita, vice-chairman of the house defence committee, said the Bill would
      AFP  -  368 words
    • Article
      Lock icon China backs Cambodia polls without Khmer Rouge
      434 3 Reuter UNITED NATIONS China, an ally of Cambodia's Khmer Rouge, joined 14 other UN Security Council members on Monday in endorsing the country's May elections without the participation of the radical guerilla faction. The council's resolution, adopted unanimously, was the first time China
      Reuter  -  434 words
    • Article
      Lock icon Rich-poor gap growing, warn leading Indonesians
      163 3 Reuter JAKARTA Leading Indonesians. including a senior general and a relative of President Suharto, yesterday warned of a growing gap between rich and poor that has widened as the economy expands. "There is still a gap in our society... We have to be sensitive
      Reuter  -  163 words
    • Article
      Thais to blitz copyright pirates in move to protect exports
      480 3  -  From Andrew Cooke in BANGKOK THAILAND has announced a crackdown on patent and copyright pirates in a move aimed at protecting its exports to the United States. The Council of Economic Ministers, which includes the Finance. Commerce. Industry and Agriculture
      480 words
    • ASIA NOTES
      • Article
        Lock icon Warning against emergency powers
        97 4 AFP MANILA Philippine senators yesterday warned President Fidel Ramos against employing emergeney powers to solve the country's energy crisis, saying all it needed was more effective leadership. Mr Ramos hinted at possible emergency measures on the eve of his departure yesterday for a state visit to
        AFP  -  97 words
      • Article
        Lock icon Japan's non-emergency aid to Iran
        81 4 AFP TOKYO Japan yesterday pledged to send up to 44 million yen (about S$600,000) to Iran in its first non-emergency aid in five years. The cultural grant aid was expected to be followed by resumption of a loan frozen for 18 years. The new aid,
        AFP  -  81 words
      • Article, Illustration
        Lock icon Sofa so good... and expensive
        55 4 Reuter TAIPEI These two Taiwanese models at a furniture show here seem to be fussing over an ornate sofa set. If they are, it's for a good reason. The leather sofa, decorated with intricate carvings, is worth NTS4.B million (about S$300,000) a price you have
        Reuter  -  55 words
      • Article
        Lock icon ANZ job ads series up
        83 4 Reuter MELBOURNE The Australia and New Zealand Banking Group said its Australian job advertisement series rose 5.1 per cent in February, seasonally-adjusted, after a fall of 4.2 per cent in Januaiy for a year-on-year rise of 13.8 per cent. "Despite some volatility around the Christmas/New
        Reuter  -  83 words
      • Article
        Lock icon Chinese laws to protect consumers
        59 4 Reuter BEIJING Chinese consumers, long victimised by shoddy goods, will soon be protected by a new law prescribing fines, compensation or even death for poor quality, Xinhua news agency said yesterday. The system, which goes into effect later this year, is designed to protect consumers'
        Reuter  -  59 words
    • Article
      Lock icon China expects economy to grow by more than 10pc
      272 4 AFP BEIJING China's economy will grow by more than 10 per cent this year, according to initial projections by the State Planning Commission. "China will again see rapid growth in the economy in 1993, with gross national product (GNP) increasing by
      AFP  -  272 words
    • Article, Illustration
      Lock icon Jiang warns Taiwan against move towards independence
      352 4 UPI Beijing Chinese Leader Jiang Zemin blasted Taiwan's growing independence movement and ominously warned that the mainland communist forces would "never sit idly by" if the island state declared independence, official media reported yesterday. "We firmly oppose any attempt or act aimed at
      UPI  -  352 words
    • Article, Illustration
      No heavy breathing on this phone
      54 4 TOKYO Clark Kent-san would take a little longer to change into Superman in this telephone booth, which is airconditioned and believe it or not emits a scent of camellia. The booth is one of four ordered specially for the Ginza shopping belt. What will
      54 words
    • Article
      Lock icon S Korean state-funded firms post lower profits
      292 4 Reuter SEOUL Combined sales by South Korea's 23 state-funded corporations rose last year but high financing costs forced their net profits down, the Economic Planning Board (EPB) said. Aggregate taxed profits totalled 2.16 trillion won (about 554.5 billion) in calendar 1992. down 2.7
      Reuter  -  292 words
    • Article
      Lock icon Taipei-Beijing talks may cover investment, crime
      258 4 Reuter TAIPEI Talks planned between Chinese and Taiwanese officials may focus on protection for Taiwanese investment in mainland China and cooperation to fight crime, a senior government official said yesterday. It will be the first meeting between the heads of the bodies handling links
      Reuter  -  258 words
    • Article
      Lock icon Chinese activist urges referendum on Japan war compensation
      387 4 AFP BEIJING A veteran Chinese activist has challenged the Communist Party to hold a national referendum on whether to overturn a 1972 decision exempting Japan from paying World War II reparations. In an open letter to China's parliament, Shanghai activist Bao Ge
      AFP  -  387 words
    • Article
      Lock icon New Seoul government to further liberalise interest rates
      432 4 AFP SEOUL South Korean President Kim Young Sam's new government is to take another step in shifting interest rates to market forces, part of a financial reform package to spur the sagging economy, according to officials. But politicians are hoping it will
      AFP  -  432 words
    • Article, Illustration
      Lock icon No need for further stimuli to boost economy, says Tokyo
      348 5 Reuter TOKYO Monday's results of the Bank of Japan's business survey show no need for additional stimulus measures, F.conomie Planning Agency minister Hajime Funada told reporters. Mr Funada said the survey results showed that Japan's economy was still in a
      Reuter; Source: Bank of Japan  -  348 words
    • Article
      Lock icon Foreign firms in Japan panic over Miti threat
      273 5 AFP TOKYO European and US firms based here are panicking as the Japanese government threatens to publish the names of foreign companies which sell their products in Japan at higher prices than elsewhere. Such bad publicity in the middle of a recession,
      — AFP  -  273 words
    • Article
      S'pore investors buy 70pc of NZ property sold in Asia
      272 5  -  By Kooi Cho Teng SINGAPORE l-ocal investors have snapped up almost 70 per cent of the NZ$22O million (*****.5 million) worth of kiwi property sold to Asians in the past 18 months, according to property consultant Jones IJing Wootton. And
      272 words
    • Article, Illustration
      Lock icon Newspaper article calls for Watanabe to be replaced
      290 5 Reuter TOKYO A Japanese newspaper yesterday carried a call for ailing Foreign Minister Michio Watanabe to be replaced, arguing that he was too ill to perform his duties. An article in the Englishlanguage Daily Yotniuri headlined: "Watanabe a drag on foreign relations"
      Reuter  -  290 words
    • Article
      Lock icon Tokyo to offer office space, contacts to foreign firms
      273 5 AP Reuter TOKYO Japan will help foreign companies sell more and invest more in this country by providing them with temporary office space in Tokyo and introductions to prospective buyers, the Ministry of International Trade and Industry (Miti) said yesterday. Japan's
      AP; Reuter  -  273 words
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      148 3 The rare perfection of Patek Philippe at The Hour Glass. v?¥:' > v' Choosing a timepiece should y iHB quisite features that hallmark be a relaxed and comfortable each Patek Philippe in our affair. Especially when you're collection. After all, we see considering the rare per- -wr*ourselves as connoisseurs. And
      148 words
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      113 4 4* m 23 Hotels In Major North American Cities Sold in individual lots, reserve prices range from US$2 million to USS2O million. Finance available tor most properties Over 6000 rooms available with or without management Substantially below replacement cost Ixxrations include: San Francisco San Diego Atlanta Dallas Ix)s Angeles Ijs
      113 words
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      28 5 Set Lnneh$9++ Set Dinner $13.50++ Sukiyaki Barbeenv Sliabn Shabn RESTAURANT KPBE Tel: 734-67% llli f lr. 401 06/07 l.miilin Shnppini: (Vnliv An How n Kobe lUvl ,iNi> available
      28 words
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      47 5 You may havo bean unable to get your Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
      47 words
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      70 5 MITSUBISHI v it, < i y,Z <Ul. J > *.r<r >. i •> V I A m V I lu- Mi!sut>ishi Blooil i usli1 Surmuinkul by 5-lnrc 111\11r\ ami sophismaied utmlni i sensms tluin y<hh1 rcasonabh c\pcu I mm SI IS SSS mK i(>-(.()m[i1111'risi'i) driving u\hm>ln^\ Mom 111 ii 11
      70 words
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  • WORLD WATCH
    • Article
      Lock icon Arafat lauds UK move to resume talks
      63 6 Reuter TUNIS Palestine Liberation Organisation chief Yasser Arafat yesterday welcomed Britain's decision to resume top-level contacts with the group, saying it would strengthen Europe's role in the Arab-Israeli peace process. Douglas Hogg, a British Foreign Office minister, was due to hold talks yesterday
      Reuter  -  63 words
    • Article
      Lock icon Fears of rising inflation in Britain
      59 6 Reuter LONDON The cost of goods entering British factories jumped by 1.4 per cent in February, sending a warning that inflation could rise later this year. Figures reported yesterday sparked concern that companies would eventually be forced to boost their output prices what they
      Reuter  -  59 words
    • Article, Illustration
      Lock icon Touched by Venus
      34 6 Reuter LONDON A woman appears to be held by the statue Broadgate Venus as she stands upon its pedestal on Monday. Broadgate is a modern office complex in the City. Reuter
      Reuter  -  34 words
    • Article
      Lock icon Falling Danish support for EC pact
      76 6 Reuter COPENHAGEN An opinion poll published yesterday confirmed a recent fall in Danish voter support for the Maastricht Treaty while still predicting a comfortable "yes" in the country's second referendum on the pact on May 18. The poll by the Sonar institute for a
      Reuter  -  76 words
    • Article
      Lock icon UN inspectors back on hunt in Iraq
      60 6 Reuter BAGHDAD Arms experts combing Iraq for hidden nuclear activity split into several groups yesterday to inspect as many sites as possible, United Nations sources said. The team leader, Dimitri Perricos, said a group of nuclear specialists had been visiting engineering plants to
      Reuter  -  60 words
    • Article
      Lock icon West German recession deepened in fourth quarter
      230 6 Reuter BONN Recession deepened in western Germany in the fourth quarter of last year as gross domestic product (GDP) shrank by one per cent from the previous three months, the Economics Ministry said yesterday. The fall in the fourthquarter GDP growth followed a
      Reuter  -  230 words
    • Article
      Lock icon EC ministers approve changes to European Economic Area pact
      381 6 AP BRUSSELS European Community foreign ministers have approved revisions in a landmark accord that unites the trading bloc with its rich neighbours in a vast consumer market. EC sources said the ministers accepted on Monday the changes required after Swiss voters
      AP  -  381 words
    • Article
      Lock icon Commission avoids clash with Italy, Spain over steel subsidies
      325 6 Reuter BRUSSELS The European Commission steered clear of a showdown with Italy on Monday by postponing plans to make Rome recoup 650 billion lire (***** million) given to the llva steel giant in state capital injections. With the whole EC steel
      Reuter  -  325 words
    • Article
      Lock icon Clinton will scuttle Nafta if side conditions not met: Kantor
      299 6 Reuter WASHINGTON United States Trade Representative Mickey Kantor said President Bill Clinton would scuttle the North American Free Trade Agreement (Nafta) if he does not win certain side agreements. "He (Mr Clinton) will not send the Nafta to this Congress
      Reuter  -  299 words
    • Article, Illustration
      Lock icon War games in the snow
      28 6 Reuter KAPAONIK, Yugoslavia Members of the Yugoslav Army Special Unit standing in line during winter exercises in this ski resort south of Belgrade.
      Reuter  -  28 words
    • Article
      Lock icon Former Italian president urges justice minister to resign
      487 6 AFP AP ROME Former Italian president Francesco Cossiga has called for Justice Minister Giovanni Conso to resign, warning that if he did not go. Prime Minister Giuliano Amato could be the next to be forced out of government. The call on Monday
      AFP; AP  -  487 words
    • Article
      Lock icon EC to seek closer cooperation with US to face new challenges
      456 6 AP BRUSSELS In spite of its trade spats with Washington, the EC has said it will seek closer political cooperation with the US to bring stability to Eastern Europe and strengthen the role of the United Nations. Danish Foreign
      AP  -  456 words
    • Article
      Lock icon Clinton package will hit economy in late 1994, say economists
      526 7 Taxes and inflation seen hurting growth after two years Reuter PHILADELPHIA The US economy and corporate profits will grow briskly over President Bill Clinton's first two years in office, but higher taxes and inflation may apply the brakes later, economists
      Reuter  -  526 words
    • Article
      Lock icon Watchdog group attacks economic plan, urges Fed to tighten policy
      278 7 Knight-Ridder WASHINGTON A group of economists that monitors the Federal Reserve has criticised President Bill Clinton's economic plan and also said the Fed should tighten monetary policy. The self-appointed Shadow Open Market Committee told reporters on Monday that Mr Clinton's
      Knight-Ridder  -  278 words
    • Article, Illustration
      Lock icon US set to shut more military bases, as defence budget cuts hit home
      689 7 Reuter WASHINGTON A new round of military base closings in the United States, one that could shut 30 bases and shrink as many as 150, is the latest sign of wrenching US defence budget cuts in the
      Reuter  -  689 words
    • Article
      Lock icon Kohl calls for more German investment in South-east Asia
      372 7 Knight-Ridder BONN German Chancellor Helmut Kohl chose Leipzig in eastern Germany to call for more investment in South-east Asia even as Germany's eastern region struggles to rebuild the dilapidated economy left behind by the previous communist regime. "It's in our interest
      Knight-Ridder  -  372 words
    • Article
      Lock icon Kohl blames coalition for party 's poor showing in polls
      262 7 Reuter BONN German Chancellor Helmut Kohl has laid part of the blame for what he called the miserable showing of his Christian Democrats (CDU) in weekend local elections on his ruling three-party coalition. "The CDU can't gloss over the election
      Reuter  -  262 words
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      243 6 TWO-DAY SEMINAR ON UNDERSTANDING AND IMPLEMENTING CUSTOMER SATISFACTION MEASUREMENT (The First To Be Held in The Region) A Practical Approach Presented by LARRY L. RIPPBERGER WILLIAMS M FOLEY President, Business Research Group Founder Charles, Charles and Associates, Us A Customer Satisfaction Research Institute, USA At Three Convenient Locations Kuala Lumpur
      243 words
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      Page 6 Advertisements Column 2
      60 6 Business Opportunities In China CIRCULAR GROUP of companies in Singapore with prime lands, businesses and good contacts in Shanghai, Hainan, Chungqing, Jilin and Kunming invite interested parties to discuss China investments or joint-ventures in air-con, property development, finance, manufacturing, trading, recreation and resort. For appointments, please contact Mr H. Wee
      60 words
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      118 7 Who beats our reward programme? You may find our daily flight schedule to Europe reward enough. That makes it easy to fly when you have to. But we also want to make it easier for you to fly when you want to. That's why we introduced Euroßonus. Fly as a
      118 words
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  • WORLD FOCUS
    • Article, Illustration
      Lock icon Politicians confront common enemy in unemployment
      885 8 Run-up to French general elections Reuter AFP PARIS Beyond their divergent platforms for parliamentary elections this month. French politicians share a common enemy and a gnawing sense of futility in the face of the country's number one problem, unemployment. The main parties have spelt
      Reuter; AFP  -  885 words
    • Article, Illustration
      Lock icon Just an ordinary man driven to action
      734 8 Reuter PARIS "I'm just an unimportant little chap, but I don't see why I shouldn't have a say. And maybe if I stand up. it might encourage other ordinary people to act." Jean-Claude Patout, running a one-man campaign from a cramped flat in
      Reuter  -  734 words
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      253 8 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 GENERAL SECURITIES INVESTMENTS LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING To: All Shareholders NOTICE IS HEREBY GIVEN that the Eighteenth Annual General Meeting of the shareholders of the Company will be held in the Function Room
      253 words
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      Page 8 Advertisements Column 2
      230 8 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TONG CHUN ENGINEERING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING Notice is HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap. 50. that a Final Meeting of the Members of the
      230 words
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      Page 8 Advertisements Column 3
      285 8 y for both Buyers Sellers Alison Hotel, Singapore 23 March 1993 (9 am 5 pm) H $195 (member); $225 (Non-member); 10% discount for group booking of 3 H A meeting for sales purchasing professionals to have a better understanding of each other's job and to sharpen their selling/buying skills. H
      285 words
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  • COMPANIES & MARKETS
    • Article
      Telekom M'sia pre-tax profits rise 18.3 pc to top M$1.2b
      340 9  -  Improvement due to increased demand for telecommunications equipment By Shoeb Kagda SINGAPORE Telekom Malaysia Bhd yesterday reported an 18.3 per cent rise in group pre-tax profit to M 51.27 billion for the year to Dec 31, 1992. Telekom, the second-larg-est
      340 words
    • Article, Illustration
      Lock icon MAS considering European financing for Airbus aircraft purchases
      369 9 Bernama KUALA LUMPUR Malaysia Airlines (MAS) which has embarked on a MS 10 billion (556.3 billion) expansion programme until 1998, is considering European financing for its Airbus aircraft acquisitions, its deputy managing director (operations), Bernard Thomazios, said yesterday. He said one possible
      Bernama  -  369 words
    • Article, Illustration
      Property companies must find ways to stay buoyant
      741 9  -  HOCK LOCK SIEW By Lilian Ang SINGAPORE One of the biggest questions being asked by market watchers about property stocks must surely be: how long can the companies continue to build on their earnings growth? Yesterday, First Capital Corporation (FCC) published a
      741 words
    • Article
      NZ brewer DB Group's interim earnings halved
      551 9  -  By Genevieve Cua SINGAPORE Tough trading conditions in the beer and liquor markets continued to hound New Zealand brewer DB Group Ltd, halving its net earnings in the six months to December to NZ$5.2 million (SS4.S million). Formerly called Magnum Corporation, the group
      551 words
    • Article, Illustration
      Lock icon SUMMARY
      309 9 Source: Bridge Info Performance of STll's index stocks Mar 9 Last Sea** lain Slock Mk Chf* factor acrrrrt (S) Avimo 1.960 0 040 1.64 -16.67 CJlC 7.150 -0.100 5.97 41.67 Ccrcbos 5.150 0.100 4 30 -41.67 FAN ***** -0.100 9.93 41.67 GF Alia 3.260 -0.020 2.72 8 33 GenMa«
      Source: Bridge Info  -  309 words
    • Article
      Horiguchi Engrg sells loss-making unit
      166 9 SINGAPORE Horiguchi Engineering has sold its lossmaking subsidiary Kyodo Horiguchi Co. The firm said yesterday it had sold its its 55-per-cent interest in Kyodo to its jointventure partner Kazuya Takemaru for 22,000 yen (SS3OB). Directors said that Horiguchi had decided to get rid of its
      166 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon Arab-M'sian to quote foreign shares
          54 10 Reuter KUALA LUMPUR Foreign-held shares of Arab-Malaysian Finance Bhd will be separately quoted for trading from tomorrow, the Kuala Lumpur Stock Fxehange said. The company had applied for a separate quotation after foreign ownership of its shares had touched a limit of 30 per cent
          Reuter  -  54 words
        • Article
          Lock icon AMMB sets up new subsidiary
          48 10 MBT KUALA LUMPUR Arab-Malaysian Merchant Bank (AMMB) has incorporated a new subsidiary, Arab-Malaysian Nominees (Asing) Sdn Bhd, with a paid-up capital of Ms 2. Furthermore, AMMB's existing subsidiary, Arab-Malaysian Nominees Sdn Bhd, has changed its name to Arab-Malaysian Nominees (Tempatan) Sdn Bhd. MBT
          MBT  -  48 words
        • Article
          Lock icon Mega First's profit down
          56 10 Bernama KUALA LUMPUR Mega First Corporation Bhd has announced a 27 per cent fall in its operating pre-tax profit to M 55.7 million (553.4 million) for the six months ended Dec 31, 1992. from Ms7.B million previously. Group turnover was halved to M 577.77 million. No
          Bernama  -  56 words
        • Article
          Lock icon Menang on Samanda acquisition
          64 10 Bernama KUALA LUMPUR Menang Corporation (M) Bhd's acquisition of a 12.5 per cent stake in Samanda Holdings Bhd provides it with an avenue for diversification into profitable operations in the manufacturing sector. Menang, in a reply to a Kuala Lumpur Stock Exchange query relating to acquisition,
          Bernama  -  64 words
        • Article
          Lock icon Jardine Davis' earnings up 33pc
          69 10 AFP HONGKONG Jardine Davis Group, the Philippine-listed unit of Hongkong's Jardine Pacific Ltd, reported on Tuesday a record net profit of 181 million pesos (S$ 11.6 million) for 1992. The figure is up 33 per cent from the year before, Jardine Pacific said in a
          AFP  -  69 words
        • Article
          Lock icon Manila telecoms firm's profit up
          75 10 AFP MANILA Philippine Long Distance Telephone Co (PLDT), the country's telecommunications monopoly, posted a 5.4 per cent rise in profit to 4.98 billion pesos (SS32I million) in 1992, a company statement said on Tuesday. The company's operating revenues rose to 17.41 billion pesos and it
          AFP  -  75 words
        • Article
          Lock icon Haeco optimistic about next year
          64 10 Reuter HONGKONG Hong Kong Aircraft Engineering Co (Haeco), which announced a calendar 1992 profit of HK5388.5 million (5581.6 million), said next year's results should be acceptable despite high inflation in Hongkong. The company said its largest customer, Cathay Pacific Airways Ltd, is expected to increase
          Reuter  -  64 words
      • Article
        Lock icon Ancom buys its first tanker to transport methanol
        349 10 MBT KUALA LUMPUR Ancom Bhd has purchased a ship, its first, to transport its chemical products within this region and it is negotiating to acquire another vessel for the same purpose. A company official told MBT yesterday that an agreement will be
        MBT  -  349 words
      • Article
        Lock icon Turnover on Kuala Lumpur exchange hits record high
        537 10 Speculative trading raises volume to 499 m shares valued at Ms9B7m MBT KUALA LUMPUR Against a backdrop of new highs on the New York, London and Hongkong stock markets, speculative trading on the Kuala Lumpur stock market lifted turnover to a record
        MBT  -  537 words
      • Article
        Lock icon Ekran posts pre-tax interim of M$35.7m
        170 10 Bernama KUALA LUMPUR Ekran Bhd has reported a group pretax profit of M 535.69 million (5522.48 million) for the half year ended Dec 31, 1992. on the back of a M$ 135.89 million turnover. No comparative figures are available. Ekran also reported a pre-tax
        Bernama  -  170 words
      • Article, Illustration
        Lock icon Facing a hectic day
        65 10 Reuter TOKYO A stockbroker grimacing in a heavy morning session on the Tokyo Stock Exchange trading floor yesterday. Tokyo stock prices jumped over the 18,000-yen level for the first time since Sep 25, 1992, in extremely heavy trading. Stocks ended ofl highs yesterday, with the Nikkei
        Reuter  -  65 words
      • Article
        Lock icon Ban Hin Lee Bank group pre-tax profit up 40pc to M$32m
        227 10 Bernama KUALA LUMPUR Ban Hin Lee Bank Bhd (BHL Bank) has reported a 40 per cent rise in group pre-tax profit to M 532.2 million (5520.2 million) for the year ended Dec 31, 1992, from M 523.02 million a
        Bernama  -  227 words
      • Article
        Lock icon MBf card unit to tie up with banks in Vision venture
        275 10 MBT KUALA LUMPUR MBf Card Services Sdn Bhd (MBfCS). a subsidiary of MBf Holdings, plans to tie up with several local banks to issue Vision Card in line with its plans to increase its debit card holdership base. MBf
        MBT  -  275 words
      • Article
        Lock icon Fujitsu to slash number of new employees
        170 10 Reuter TOKYO Japanese computer maker Fujitsu, facing grim business prospects, plans to cut the number of people it hires next spring to less than a seventh of this year's figure. In spring 1994. Fujitsu will hire just 300 engineers and. for the first
        Reuter  -  170 words
      • Article
        Lock icon SMI plans to raise M$75m from rights issue
        373 10 Bernama KUALA LUMPUR South Malaysia Industries Bhd (SMI) is expected to raise M 574.97 million (5547.23 million) from its proposed rights issue of 49.98 million new ordinary shares on the basis of two for one at MS 1.50 per share. SMI said
        Bernama  -  373 words
      • Article
        Lock icon London & Pacific confident of another good year ahead
        223 10 London Pacific confident of another good year ahead Bernama KUALA LUMPUR London Pacific Insurance Company Bhd (Lonpac) is optimistic of another year of favourable performance, chairman Teh Hong Piow said. He said that the company, in recognising the increasing importance of information technology, has drawn up a computerisation plan of
        Bernama  -  223 words
      • Article
        UNIT TRUSTS & FUNDS
        484 10 UNIT TRUSTS FUNDS Managers' prices Mar 10 f| J nil 1 rroociiuai Singapore Unit Trust PruLink Mgd Fund 107 1.12 The Commerce 1 29 1 35 MAJtA-Bmnipntra The Savings fund 1 10 1 I6xd First B'putra 1.61 1.66 S pore Prog Fund 0 52 055 Second B'putra 1.70 1 75cd
        484 words
      • Article
        DIVIDENDS ANNOUNCED
        474 10 Payment Ex Books Pay <%> date close date Avimo 20* F I2.5TE Feb 17 Mar 1 Apr 15 BAT 21* F 119 Mar 23 Mar 29 Apr 6 Bcrjaya Group 1 4 Mar 18 Apr 2 Apr 15 Bcrjaya Ind 1 3 Mar 4 Mar 18 Apr 8
        474 words
      • Article
        Oei Hong Leong in HK$488m deal in Dalian
        390 11  -  From Catherine Ong in HONGKONG INDONESIAN tycoon Oei Hong Leong is once again buying factories en masse in China. In one fell swoop, he is taking over 101 factories in the city of Dalian in Liaoning province under a 510 million renminbi
        390 words
      • Article
        Lock icon Political uncertainty continues to pressure Pakistan stocks
        438 11 Reuter KARACHI Analysts see little relief for Pakistan stocks for much of this year as mounting political uncertainty and poor economic forecasts continue to pressure the market. The Karachi Stock Exchange (KSE) 100-share price index has dropped heavily since the start of the
        Reuter  -  438 words
      • Article
        Lock icon UK approves BA purchase of 25pc Qantas stake
        138 11 AFP LONDON The British government has approved British Airway's purchase of a 25 per cent stake in the Australian national carrier Qantas. Trade and Industry Secretary Michael Hesettine said he would not refer the purchase to the Monopolies and Mergers Commission. His
        AFP  -  138 words
      • Article, Illustration
        Lock icon ENI chairman faces corruption charges
        46 11 Reuter ROME Gabriek Cagliari, chairman of Italy's powerful ENI state energy group, seen here at his office at ENI headquarters, was arrested yesterday. State television said Mr Cagliari faced charges of oomqrtion and breaking the law on political party funding. Reuter
        Reuter  -  46 words
      • Article
        Lock icon UK engineering group seeks to reduce debts
        256 11 Reuter LONDON Engineering company BBA Group pic said it aimed to reduce its debt by disposals of non-core activities. "Whilst the global price of funds has reduced dramatically and thereby increased the relative merits of debt funding, we deem it appropriate to seek
        Reuter  -  256 words
      • Article
        Lock icon De Beers reports 35pc drop in net profit
        247 11 Reuter LONDON The giant De Beers diamond company announced yesterday a 35 per cent drop in net profit for 1992 thanks largely to the slowdown in the world economy, forcing it to slash its total dividend. South Africa's De Beers Consolidated Mines
        Reuter  -  247 words
    • FINANCE
      • Article, Illustration
        Tat Lee-linked Thai firm sees profits up 60pc this year
        561 13  -  By Loh Hui Yin SINGAPORE Thai securities and finance firm MultiCredit Corporation, which is part-owned by Singapore's Tat Lee Bank, expects its earnings to jump 60 per cent this year. The company, which is gearing up its finance operations to
        561 words
      • Article
        Lock icon Westpac to sell some branches, interests in Asia
        307 13 Reuter SYDNEY The new chief of Australia's beleaguered Westpac Banking Corp moved quickly yesterday to get his recovery plan in place by announcing the sale of a number of the bank's Asian branches. Robert Joss, who stressed the rebuilding of core domestic
        Reuter  -  307 words
      • Article
        Lock icon Banque Indosuez posts sharp fall in earnings
        313 13 FT PARIS Banque Indosuez, a subsidiary of Suez, the troubled French holding company, on Monday highlighted the pressures on the French banking sector by revealing a sharp fall in net profits to 101 million French francs (SS29 million) last year from 805 million
        FT  -  313 words
      • Article
        UOB spends $10m to upgrade computer system
        202 13  -  By Moiz Tyebally SINGAPORE United Overseas Bank will spend another $10 million to upgrade its computer system. It signed a $10 million deal yesterday to buy and install an IBM mainframe after forking out $1 million in January to fully digitise its forex
        202 words
      • Article
        Lock icon Ample cash in system, KL dealers maintain
        402 13 Bernama KUALA LUMPUR Money market dealers maintain that there is still ample liquidity in the financial system, quoting the figure at between Mss billion (553.147 billion) and MsB billion. They said this was so. judging from the way Bank Negara was intervening in
        Bernama  -  402 words
      • Article, Illustration
        Lock icon Say cheese, Chancellor
        28 13 Reuter LONDON British Chancellor of the Exchequer Norman laughing as he posed for photographers during a pre-Budget photo session at the Treasury on Monday. Reuter
        Reuter  -  28 words
      • Article
        Lock icon ADB to sell 30b-yen dragon bond in Singapore next week
        485 13 Bloomberg Business News MANILA The Asian Development Bank will sell a 30-billion-yen (SS42O million) dragon bond on March 16 in Singapore and plans to sell at least US$65 million (SSIO7 million) in Hongkong dollardenominated bonds soon, said Treasurer Tomoo Hayakawa
        Bloomberg Business News  -  485 words
      • Article
        Lock icon China's first domestic fond charts growth plan
        569 14 Bloomberg Business News SHENZHEN Lantern Fund Management Shenzhen Ltd. which unveiled the first of China's open issue investment funds last month, figures it has built a better mousetrap. The company expects Chinese investors, wary of the country's volatile stock markets in Shenzhen and
        Bloomberg Business News  -  569 words
      • Article, Illustration
        Lock icon Tokyo banks likely to unload bad loans if Nikkei retains gains
        334 14 KnightRidder TOKYO A leading Japanese banker yesterday said that major commercial banks will be able to write oft" the bulk of their bad loans at the end of fiscal 1992-93 if the Nikkei Average retains its recent gains at
        Knight- Ridder  -  334 words
      • Article
        Lock icon PAL to proceed with US$60m bond float
        219 14 AFP MANILA Philippine Airlines (PAL) will proceed with a US$6O million (5598.4 million) bond flotation in New York as early as next month following the settlement of a feud for control of the airline. PAL senior vice-president Edgardo Del Fonso said yesterday that
        AFP  -  219 words
      • SMALL CHANGE
        • Article
          Lock icon Public Bank cuts JCG Hldgs stake
          78 14 Bloomberg Business News HONGKONG Malaysia's Public Bank Bhd is reducing its stake in Hongkong deposit-taking company JCG Holdings to 65 per cent from 75 per cent through a private sale of shares. JCG director Lai Kim Leong said. Public Bank yesterday sold 40 million
          Bloomberg Business News  -  78 words
        • Article
          Lock icon Insurers studying new policy guidelines
          71 14 Reuter TOKYO Japanese life insurance companies, fearing a possible Aids outbreak, said they had set up an industry panel to study new policy guidelines, including possible compulsory blood tests for new policy holders. He said the panel would consider whether all those applying for policies
          Reuter  -  71 words
        • Article
          Lock icon Nomura to open new branch in Japan
          72 14 Reuter TOKYO Nomura Securities Co Ltd will open a new branch in the western Japanese city of Akashi, Hyogo prefecture, today, a company spokeswoman said. The new branch raises the brokerage's retail network to 149 outlets. The move comes amid an industry-wide flurry
          Reuter  -  72 words
        • Article
          Lock icon US Eximbank approves guarantee
          62 14 AFP BANGKOK The Export-Import Bank of the United States (Eximbank) has approved a U*****.4 million guarantee for the sale of a Boeing airliner to Thailand's flag carrier. Thai Airways International, the US Information Service said here yesterday. The guarantee is to support the sale of one
          AFP  -  62 words
        • Article
          Lock icon Close buys into Winterflood Securities
          91 14 Reuter LONDON Merchant bank group Close Brothers Group pitsaid it had reached conditional agreement to buy 90.5 per cent of market-maker Winterflood Securities Ltd, for about £19.1 million. Winterflood, one of the top market-makers in the shares of smaller UK companies, is 85 per cent
          Reuter  -  91 words
        • Article
          Lock icon Cathay Life sets lower dividend
          70 14 Bloomberg Business News TAIPEI Cathay Life Insurance Co, Taiwan's biggest life insurance company, tentatively set a cash dividend of NT$l.2() for the year ending Dec 31. This is down from NT$l.5O a year earlier. The company's board of directors also voted yesterday for a stock
          Bloomberg Business News  -  70 words
      • Article
        Lock icon Accreditation of NY's insurance dept suspended
        450 14 Bloomberg Business News WASHINGTON The National Association of Insurance Commissioners suspended its accreditation of the New York State Department of Insurance because of the state legislature's failure to pass three of the national body's model regulations. The NAIC said it suspended New York's insurance
        Bloomberg Business News  -  450 words
      • Article
        Lock icon Tokyo giving Manila 40b yen in loans
        335 14 AFP TOKYO The ExportImport Bank of Japan is set to pledge fresh loans worth 40 billion yen (SSS6O million) to the Philippines to coincide with a visit here by Philippine President Fidel Ramos, officials said yesterday. An official of the government bank said
        AFP  -  335 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        139 14 The US dollar gave up some of the gains it had made over the weekend to open lower yesterday. Another day of directionless tight range trading characterised US$/S$ trading yesterday. The US dollar opened off slightly at 1.6460/65 and traded a nar- row 1.6455-65 range.
        139 words
      • Article
        Lock icon London
        203 14 Bloomberg Business News LONDON The dollar, last trading at 1.6685 deutschemarks. is expected to rise slightly to 1.6700 marks over the next week and on to 1.6750 marks in four weeks' time, according to the median forecast of European currency traders polled by MMS International. The range of four-week
        Bloomberg Business News  -  203 words
      • Article
        Lock icon New York
        87 14 AFP NEW YORK The dollar was mixed in early trading in New York yesterday in a very quiet market. At 9:45 am (1445 GMT), the dollar was trading at 1.6635 German marks, unchanged from Monday's closing level, and at 117.15 yen. up from 116.85. Earlier in the day
        AFP  -  87 words
      • Article, Illustration
        Untitled
        1608 14 liuJ<- ncithu-J inJc\ .jUulau J dnuin\i S'ponr'\ top H naJinte panmt\ Bay \cai IVs* US$/S$ forward rates Noon Mar 9 s$ Bid Offer I-month ***** 1.6450 'month 1.6419 1 6434 3-month ***** 1 6421 6-month 1.6377 1.6397 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10a* yesterday: Singapore dollars to
        1,608 words
    • COMMODITIES
      • Article
        Copper, zinc prices may drop to lowest levels in five years
        487 15  -  Further falls could wipe out inefficient producers, say Aussie analysts From Brian Gomez in SYDNEY SHARP falls in base metal prices have raised fears that copper and zinc could plunge to their lowest levels in five years. Lead is
        487 words
      • Article
        Lock icon Jump in Russian oil exports triggers rally in futures
        452 15 Reuter LONDON The world entered 1993 awash with surplus oil after a surprise jump in Russian exports to the West, the International Energy Agency (IEA) said on Monday. Net oil exports from the former Soviet Union late last year turned out
        Reuter  -  452 words
      • Article, Illustration
        Lock icon Marc Rich to step down as head of firm
        408 15 FT ZURICH After three decades of running one of the most successful international commodity trading outfits. Marc Rich is to step down as head of Marc Rich Co AG. The usually secretive company said on Monday that Mr Rich would also
        FT  -  408 words
      • Article
        Lock icon Tight sugar market in Asia likely to persist till July
        333 15 Reuter TOKYO An unexpected cut in Thailand's sugar harvest forecast, plus shortages in Cuba and South Africa, have lifted prices in Asia. Tokyo traders said. They see tight market conditions continuing until at least July when Australia starts shipping its
        Reuter  -  333 words
      • Article, Illustration
        Lock icon African cocoa producers hit again as talks fail
        760 15 Reuter GENEVA The failure of international talks to agree on a pact to boost cocoa prices is a heavy blow to African producers, already fighting financial problems and a growing threat from rivals in South-east Asia. Producers and consumers failed in two
        Reuter  -  760 words
      • Article
        Oil futures mixed on both sides of Atlantic
        316 15 Bloomberg ENERGY REPORT LONDON Oil futures priccs were mixed on both sides of the Atlantie. as lingering demand for products in Europe buoyed crude priccs, while New York traders remained focused on Monday's weaker supply and demand figures. sending priccs down. In
        316 words
      • Article, Illustration
        Lock icon China opens first oil futures exchange in Nanjing
        300 15 Reuter NANJING China opened its first oil futures exchange yesterday, a key part of government reforms to move to a market-oriented economy. At the sound of a brass bell, yellow-vested traders rushed to the red-carpeted trading floor of the Nanjing Petroleum Exchange
        Reuter  -  300 words
      • Article
        Lock icon Ashton posts record A$35m profits
        284 15 AFP SYDNEY There are encouraging signs of recovery in the world diamond market, thanks to strong retail sales in Hongkong and South-east Asia. Australia's Ashton Mining said yesterday as it reported record net profits of A 535.4 million (5540.6 million) for last year. The result,
        AFP  -  284 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Nikkei futures end higher, Euroyen eases
        1458 16 SIMEX REPORT Reuter SINGAPORE Simex Nikkei futures settled higher but pared early gains on profit-taking. Contracts failed to sustain intraday highs due to worries that prices had run up too quickly, and were not supported by fundamentals, a dealer with a Japanese commission house
        Reuter  -  1,458 words
      • Article
        KL tin slips six sen on lack of buying support
        1028 16 COMMODITIES REPORT inn THE price of tin slipped six son lo close at MS 14.56 per kg on the Kuala Lumpur Tin Market due to lack of buying support yesterday. Traders said the market took its cue Irom the easier
        1,028 words
    • Article
      COMMODITY PRICES
      1801 16 Rubber Mar 9 HAS Commodity Exchange (futures dosing as at 1pm) RAS (physical prices) RSS 1 Contract (S cents/kg) -A *> Buyers Sellers Close Volume Open as at 12 noon to ccmvKgi Month High Low Sell (tonnes) Interest RSS 2 Apr 93 134.00 135.00N Feb 93 Mar 93
      1,801 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1142 17 16.6 Ihe share market finished stronger, but failed to match New York's surge overnight as election jitters continued to hold gains in check. The All Ordinaries Index closed 16.6 points up at 1.633.7. The All Industrials rose 24.1 to 2.577.3. while resources gained 10.9 to 911.5. Turnover was 182.4
        1,142 words
      • Article
        Taipei
        594 17 -127.11 Stocks closed lower across the board and financials plunged as the market continued its correction after last month's huge gains. The Weighted Index ended 127.11 points down at 4,474.47. Turnover remained active at NTS 64 billion against Monday's NT574.4 billion. Brokers saw buying support in industrial sectors such
        594 words
      • Article
        Manila
        546 17 +2.02 Stock prices inched up on dividend declarations by some blue-chip companies, but analysts expect the market to remain soft as interest in oil issues is expected to slacken. The Manila Composite Index rose 2.02 points to close at 1,529.50. "It appears that investors have discounted the discoveries on
        546 words
      • Article
        Seoul
        408 17 +0.61 The stock market finished a day of active trading a shade firmer after investors sought profits from sharp early gains. Brokers expect the market to remain lethargic tomorrow with selective buying interest centred on shares with good company performances. The market will close today for Labour Day. The
        408 words
      • Article
        New Zealand
        340 17 13.82 Saturday's federal election in Australia was blamed for the share market's muted response to Wall Street's rise. The NZSE--40 Capital Index gained 13.82 points to end at 1.590.39. Turnover, worth NZ525.9 million, was spread over several issues. "Our market has quietened down over the last week and
        340 words
      • Article
        Bombay
        68 17 -134.78 Stock prices went into a tailspin, falling to their lowest levels in 52 weeks. "The market has really crashed, but this is a great time to buy for long-term investors," said an analyst. The BSE Index lost 134.78 points to 2,336.97. The Bombay index has fallen 447 points
        68 words
    • WORLD STOCK MARKETS
      • Article
        Amsterdam
        247 17 +2.29 Dutch shares, washed to higher levels by the Wall Street surge on Monday, were left high and dry by the close as London and New York receded yesterday. The EOE Index ended 2.29 points higher at 315.56. Electronics group Philips was the most active share, adding 0.30 to
        247 words
      • Article
        Stockholm
        149 17 -0.57 pc Profit-taking wiped out earlier gains on the Stockholm bourse. "There was pressure yesterday for profit-taking, but the Wall Street rally prolonged the upturn this morning." said one broker. The all-share index fell 0.57 per cent to 1.027.03 on good turnover of 858 million crowns. Property and building
        149 words
      • Article
        Brussels
        157 17 +8.27 Belgian shares ended higher in a bullish market that dealers said was dominated by retailer Delhai/e. which closed at its day high. The Bel-20 index of leading shares closed 8.27 points, or 0.67 per cent, firmer at 1.236.12 points on a healthv volume of 1.635 bil- lion francs
        157 words
      • Article
        Milan
        153 17 -3.18 pc Growing fears Prime Minister Giuliano Amato's coalition government could be toppled by the corruption decree fiasco pushed blue chips lower yesterday as buyers held oft. The MIB all-share index fell 3.18 per cent to 1,128, with the underlying trend down 2.84 per cent. Fiat ended at 5,649
        153 words
      • Article
        London
        639 17 -7.4 Shares closed lower as investors opted to take profits after strong early gains rather than risk a market upset after the UK budget on March 16. The FTSE-100 Index closed 7.4 points lower at 2,949.9 in heavy dealing volume of 771.5 million shares. "Most strategists have identified 3.000
        639 words
      • Article
        Paris
        115 17 +5.43 French shares finished with marginal gains yesterday on stubborn hopes German rates will fall soon, but some traders said the market is turning cautious and may be overbought. The CAC-40 index rose 5.43. or 0.27 per cent, at 2.009.69. Volume was active at about 3.2 billion francs. Paris
        115 words
      • Article
        Johannesburg
        304 17 +28 South African shares ended mostly better as diamond giant De Beers buoyed sentiment following the release of annual results, which analysts said were at the top end of expectations. However, turnover in the shares was steady, with over 300,000 shares changing hands as the shares rose 2.60 rand
        304 words
      • Article
        Zurich
        254 17 10.3 Swiss shares closed firmer but below the day's high after the SMI index of leading shares failed to establish itself firmly above the resistance line of 2,150 points, dealers said. The SPI Index rose 10.3 points to a new all-time closing high of 1.316.0. Chemicals and the food
        254 words
      • Article
        Toronto
        288 17 +26.55 Stocks were mixed in early dealings after bouncing back from opening weakness yesterday. The TSE-300 Index was off 2.31 points at 3,548.73 on turnover of 17.05 million shares valued at C 5224 million. Advancing issues beat out declines 207 to 176, with 217 holding steady. On Monday, stocks
        288 words
      • Article
        New York
        949 17 +64.84 Blue-chip share prices rose further yesterday after closing at a record high on Monday, boosted by easing of interest rates on the bond market and investor optimism on the US economic recovery. At 11:00 am (1600 GMT), the Dow Jones Industrial Index was up 8.90 points at
        949 words
      • Article
        Untitled
        927 17 Britannia Funds Sterling Cash Bid Offer Mim C ap Drpir.it 38 4*00 3* 4700 Mim Jenes Gill *0 1914 *0 2014 Mim Ma» Income ****** ****** USt Cask Income Plus Fund *10 1200 *I0**00 PS Rewoe Fund S I900 5 MOO Sterliag bquit> Euro Performance 0.467J 0 502$ Far Fast
        927 words
    • Article, Illustration
      Lock icon HONGKONG
      2955 18 Reuter STOCKS closed at a record high although profittaking pared early gains and dragged the Hang Seng Index down from an all time high of 6,557.10 in the morning The Hang Seng ended 25.84 points higher at 6,508 compared with its March 5 record of 6,502. Turnover improved to
      Reuter; Source: Bridge Info  -  2,955 words
    • Article, Illustration
      CHINA
      456 18 PROFIT taking in the Shanghai A market continued to drive the market lower yesterday. The CLSA Shanghai A Index plunged 484.81 points to 7,S 18.94. Uncertainly over the eligibility of the state on listed companies' bonus shares continued to depress those stocks with a high percentage of state-ownership. The
      456 words
    • Article, Illustration
      Lock icon TOKYO
      2501 18 Reuter STOCKS ended higher but off highs, with the 225-share Nikkei average up 161.83 points to 17,848.30. Although the Nikkei failed to hold its intraday high above 18,000, sentiment was bullish on Monday's surge and the heaviest volume in 18 months, brokers said. The broader first section Topix Index
      Reuter; Source: Bridge Info  -  2,501 words
    • Article, Illustration
      Lock icon BANGKOK
      1614 18 Reuter INVESTORS sold banks and property shares after deciding that there was no chance of prices recovering in afternoon trade, brokers said. The selling pulled the SET Index down 15.03 points to finish at 883.71 on thin turnover of 2.49 billion baht. "Any vague news in the market now
      Reuter; Source: Bridge Info  -  1,614 words
    • Article, Illustration
      Lock icon JAKARTA
      878 18 Reuter TRADING rebounded in the afternoon session following a lacklustre morning, brokers said. The Jakarta Composite Index put on I.SB points to 310.08. "Transactions were very active in the second session with Lippobank and Pan Brothers at the forefront." one broker said. "Jardine Fleming and James Wardley were among
      Reuter; Source: Bridge Info  -  878 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2741 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Kcnong Bhd MX 25.44* 000 •sdmSk 17.196.000 MOqnNe I2.94M0O Mm H\d MX 9.411.000 > jIxt t ir»up 7.916.000 Multi-Purpose 6.tM>6<*>0 Motropkx MX 6.578.000 AMDS MX 5 957.000 K >B Ofpn MX 5.757 000 MBI Hldgs 50c 5.57I OOO Ind
      Source: Bridge Info  -  2,741 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Profit-taking takes share prices lower
        5137 19 Bernama KUALA LUMPUR Share prices closed lower on profit-taking on the Kuala Lumpur Stock Exchange in heavy trading yesterday. The KLSE Composite Index dipped 6.14 points to 631.79 while the all-share Emas Index was 1.15 points lower at 167.12. The KLSE Industrial Index fell 8.44
        Bernama; Source: Bridge Info  -  5,137 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Prime rate cuts fail to inspire market
        1102 20  -  By Dawn Tan SINGAPORE Investors again favoured Malaysian shares yesterday and brokers speculated this could be the trend for the rest of the week. "Buyers are waiting for further correction before picking up Singapore stocks." an analyst said. Reflecting the lack of interest,
        Source: Bridge Info  -  1,102 words
      • Article, Illustration
        Lock icon First Capital Corp
        71 20  -  HOT STOCK Paul Leo FIRST Capital Corporation is at a threshold, having traded between $2.93 and $3.24 for the past 10 weeks. At yesterday's close of $3.20, it is a sell because its monthly RSI above 75 indicates that it is overbought. A trade below support at
        SOURCE: BRIDGE INFO  -  71 words
      • Article
        Untitled
        5724 20 I MAIN BOARD Gr Gr !9M/t3 Lart V«l Day LaaC QmM Dh M* YM Net M Cm High Law Cim Srit COM) High Leo Bay«r Sdkr Or P/E SaJT INDUSTRIAL AND COMMERCIAL 360 170 Aetna 354 +10 571 360 342 3)4 336 12.2 2.1 3.4 20 3 211.7 210 210
        5,724 words
  • Page 9 Advertisements
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      190 9 The Key to Performance. This is the key virtuoso performers use to unlock Steinway Grand no. 500,007 in the Hamburg Concert Hall. The nineties promise to be a decade of turbulence. At all events, rapid change is on the cards. You'll have to cope with this change. And secure your
      190 words
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      192 10 *ST| The University !|BJ of South Australia Graduate School of Management Ranked Top 2, together with University of London and University of Manchester, in terms of Standard and Student Quality in "Suchard's Top Business Schools". Source: "Where to Get the Best Business Degrees' published by The Bulletin dated 27 August
      192 words
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      251 11 s\o J-Jfl 0! c *n Measurably S f i O Qi JP e ir v tf. 9 j£ 2 s o-wgr j~ s v baC* **erie° K A ULTRA. Measurably Longer than New ULTRA COMPETITION. M ii>i i i M anything out there. MeaeuraWyLonger with a vicious bite. M For
      251 words
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      161 12 I As 1 Conventional Shipments Are Being Consolidated On The Ground, Your UPS Shipments Are Already In The Air. tPv ulwi® Ift *'.i »<*..,*£; O «JMBB&s^*~« t*« -J| !,!l M-fi-i I l«| V*'-« J>sJfcV jfc v V* &^j&,jsA£&£> vi, --Xi, r^3^aSawte*fcf t Mm|^^-ft> f 4 4- H <- >~#&** ■s
      161 words
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      232 13 Asia-Pacific's First Forum for the Energy Industry on the Environment ENVIRONMENTAL CONCERNS AND THE ENERGY INDUSTRY: IMPLICATIONS ON ASIA-PACIFIC BUSINESS 20 21 MAY 1993 THE ORIENTAL, SINGAPORE Two Days of In-depth Information Practical Insights into the Business Opportunities and Challenges Ahead Facing the Energy Industry from the Environmental Perspective Leading
      232 words
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      Page 13 Advertisements Column 2
      49 13 A Modern 6-Storey Warehouse Complex Incorporating Quality Office Space I Ready For October 93 Developer: Close Proximity to CBD and SHRIRO PAPER (S) PTE LTD Orchard Area Easy Access to AYE/CTE/ECP Solo MsrkGtinQ Acj&nt. Near to RedhillMßT Station Jones Lang Wootton Total Lettable Area: 57,000 sf Tel: 220 3888
      49 words
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      40 15 The Experienced aims for the right media and the right company Classified the people finder. THE STRAJTS TIMES THE SUNDAY TIMES BUSINESS TIMES THE NEW PAPER UANHE ZAORAO UANHE WAN RAO SMINMIN DAItY NEWS RE RITA MARIAN BE RITA MJNGGU
      40 words
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      307 16 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IF Keppel Finance Limited (Incorporated in Singapore) TO ALL WARRANTHOLDERS OF KEPPEL FINANCE LIMITED'S 5560,000,000 PRINCIPAL AMOUNT OF 1 25 PERCENT UNSECURED BONDS DUE 1996 TOGETHER WITH 36,664,000 DETACHABLE WARRANTS TO SUBSCRIBE FOR 36,664.000 NEW ORDINARY SHARES OF Sso 50 EACH
      307 words
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      Page 16 Advertisements Column 2
      19 16 As and when the latest London/Rotterdam prices are not available, the previous trading day's closing figures are carried instead
      19 words
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      30 17 ROY EASTERN WATCH, #01-74 LUCKY PLAZA, #01-86/88 LUCKY PLAZA, #01-19 PARK MALL, TEL: 734 3139. DELUXE EASTERN WATCH, #01-18/20 CENTREPOINT, TEL. 235 2536. Ihe Frankfurt closing report was not available
      30 words
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      36 18 to Portfolio... Mondial. The source the acquisition of internationally certified G.1.A., n diamonds, emeralds J and other gemstones. Main Showroom: Mondial Promenade 300 Orchard Road 001-06 The Promenade Singapore 0923 TeL 734 2033/4 Fax. 737 5138
      36 words
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      63 19 IN SHARE FINANCING, COUNT THE COUNTERS AT CITIBANK. Through our Equity Investment Unit. Citibank not only offers you more counters to choose Irom. but higher counter limits. And one of the highest leverage factors. To get your share, just call our 24-hour ("itiPhone Banking toll-tree on (1800) 225-5225. now. CITIBAN<O
      63 words
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      38 20 Add to Your Mondial. The source for the acquisition of internationally certified C.1~A., and 1.G.1, diamonds emeralds and other gemstones. Main Showroomt Mondial Promenade 300 Orchard Road 001-06 The Promenade Singapore 0923 TeL 734 2033/4 Fax: 737 5138
      38 words
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  • SPORTS
    • Article, Illustration
      Mardan Mamat takes a three-stroke lead
      593 21  -  SEA Games trials Golf By Shahiron Sahari SINGAPORE Mardan Mamat took a clear three-stroke lead of the South-east Asia Games trials yesterday with a one over par 73, the kind of round he will need to do every day at the Games to do
      593 words
    • Article, Illustration
      Skiiers at World Cup gearing up for uphill task
      52 21 LILLEHAMMER, Norway Skiiers in the 4x7£ kin relay event of the biathlon World Cup climbing the first hill shortly after the start on Sunday. Sweden won the race ahead of Germany. The race was held on the site of next year's
      52 words
    • Article
      Lock icon Tour 18 aiming to be golfer's paradise
      1010 21 Three Texans are betting their money on a golf course that replicates the most famous holes The Economist THERE have always been exclusive clubs for golfers, and none more so than the Augusta National Golf Club in Georgia. Play is limited to the
      The Economist  -  1,010 words
    • Article
      Lock icon Ageing soccer stars give the game a boost in Japan
      857 21 AFP TOKYO Some famous soccer "pensioners" have been given the responsibility of prospecting one of the most important new markets for their sport in Japan. Zico, Gary Lineker, Pierre Littbarski, Ramon Diaz were once the cornerstones of the world's major
      AFP  -  857 words
    • Article
      Lock icon Prost is back in the driving seat and the limelight
      409 21 AFP PARIS Love him or hate him, the return of Alain Prost is bound to bring extra drama and excitement to the 1993 Formula One season. The Frenchman dominated the sport in the 1980s, winning three world titles and a
      AFP  -  409 words
    • SIDE LINES
      • Article
        Lock icon Female boxer in discrimination lawsuit
        114 21 AP SEATTLE A 16-year-old girl who hopes to become an Olympic boxer is at the centre of a sex-discrimination lawsuit filed on Monday by the American Civil Liberties Union. The lawsuit, filed in King County Superior Court on behalf of Jennifer McCleery. claims McCleery is
        AP  -  114 words
      • Article
        Lock icon Angels sign on ex-NZ national player
        74 21 AP TEMPE. Arizona The California Angels have signed Augustine Leger, an 18-year-old outfielder who played on the New Zealand national team. The Angels said Leger. from Auckland, is believed to be the first player from New Zealand ever signed by a major league team.
        AP  -  74 words
      • Article, Illustration
        Lock icon Schwarzenegger at NBA game
        55 21 Reuter NEW YORK Actor Arnold Schwarzenegger and his wife Maria Shriver waving to a friend in the crowd during the first half of the NBA game between the New York Knicks and the Orlando Magic on Monday at Madison Square Garden. Schwarzenegger was in New York
        Reuter  -  55 words
      • Article
        Lock icon Elway in US$20m deal with Broncos
        80 21 AP DENVER John Elway is getting four more years to win a Super Bowl for the Denver Broncos, who gave him a reported US$2O million on Monday to lead them to that elusive championship. The deal, reported by two Denver TV stations, would make
        AP  -  80 words
      • Article
        Lock icon Kohl is special soccer adviser
        83 21 Reuter BONN German national team soccer coach Berti Vogts has a special adviser at the top of political life Chancellor Helmut Kohl. "Whenever 1 have worries. I ring up the Chancellor and have a talk with him." Vogts told German television yesterday. Kohl, who was
        Reuter  -  83 words
      • Article
        Lock icon Connors to play in Lipton after all
        60 21 AP KEY BISCAYNE, Florida Jimmy Connors has changed his mind and decided on Monday to play in the Lipton Championships, which begins on Friday. The 40-year-old Connors will accept a wild card for the tournament, which includes 19 of the top 20 men's
        AP  -  60 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        243 21 AP Reuter NEW YORK Results of National Basketball Association games played on Monday: New York Kmcks 109 Orlando Magic 107 (OT) Indiana Pacers 105 Seattle SupcrSonics 99; Cleveland Cavaliers 122 Denver Nuggets 107; Atlanta Hawks 121 Los Angeles Clippers 113; Philadelphia 76ers 92 Minnesota Timbcrwolvcs 83. Standings Eastern Conference
        AP; Reuter  -  243 words
      • Article, Illustration
        Lock icon Golf
        204 21 Reuter PALM BEACH GARDENS, Florida US Ryder Cup Team standings leaders issued by the US PGA on Monday (Top 10 qualify plus two wild cards): 1. Tom Kite 860 points 2. Fred Couples 765.5 3. John Cook 657.5 4. Davis Love 555 5. Paul Azinger 522.167 6. Lee Janzen
        Reuter  -  204 words
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        Lock icon Ice hockey
        21 21 Reuter NEW YORK Results of National Hockey League games played on Monday: Hartford Whalers 4 Quebec Nordiques 2. Rcuter
        Reuter  -  21 words
      • Article, Illustration
        Lock icon Soccer
        173 21 Reuter AFP LONDON Result of an English KA Cup quarter-final match on Monday: Derby 3 Sheffield Wednesday 3 (Replay at Sheffield on March 17. Eventual winner plays Blackburn or Sheffield United in semifinal on April 4). BRISBANE Results of matches in the 7th world youth championship Tuesday: Group B
        Reuter; AFP  -  173 words
      • Article, Illustration
        Lock icon Tennis
        176 21 AP AFP MIAMI, Florida Latest women's circuit computer rankings released Monday: 1. Monica Seles (Yug) 304.53pts 2. Steffi Graf (Ger) 275.78 3. Martina Navratilova (US) 199.60 4. Arantxa Sanchez Vicario (Spn) 189.64 5. Gabriela Sabatini (Arg) 181.10 6. Jennifer Capriati (US) 131.91 7. Mary Joe Fernandez (US) 116.76 8.
        AP; AFP  -  176 words
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      979 22 Noll rnig BeatsA Bud- whcre t w|ne dine and entertain OF VOl R OU'X K^RM)KW It's your very own Karaoke party! King's Hotel has come up with a Daily Karaoke package for groups of 10-200 people from 12 noon to 5 pm. After your Penang Buffet Lunch, the Ist round
      979 words
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      Page 22 Advertisements Column 2
      286 22 THE NEPTUNE^ into the ttyrrmtNT:^ Enjoy an unforgettable evening of spectacular world-class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Free parking in the evening. Showtimes: B.oopm to 8.30pm 9.30pm to 10.00pm M H 7ih floor Ovmrm Umon Houac. Coliyrt Quay Sar*aporr
      286 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Eccentric and yet acceptable
      956 23  -  Anne Powers attributes the return of'new wave' nostalgia to the music's ability to be... Anne Powers NYT ROCK's recyclers. tired of hippie ponchos, bell-bot-toms and psychedelic jams, are ready to raid another closet. Grunge's gloom is losing its allure, and today's politically correct guitar heroes have
      NYT  -  956 words
    • Article, Illustration
      Oscar winner Marlee Matlin falls for traffic cop
      466 23 CHATTERBOX NO more Hollywood romances for Marlee \latlin the Reasonable Doubts star is engaged to marry Kevin Grandalski. a suburban Los Angeles traffic cop. The hearing-impaired actress, who won a best actress oscar for 1986's Children of a Lesser God. has dated
      466 words
    • Article, Illustration
      Lock icon French film an artistic triumph for victim of Aids
      478 23  -  Andrew Gumbel on the death of the director Andrew Gumbel Reuter FOR once at a film awards ceremony, the tears were very real and the usual platitudes about art transcending life were all too apt. The French cinema academy hailed an
      Reuter  -  478 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1198 23 TV RADIO The Outsider. 10.45pm, SBC 5 Craig Wasson is a war-scarred Jf American who miraculously reIlls to f M contribute to a worthy cause, he joins the IRA. only to find that he is more valuable dead 4 than alive. This 1979 movie creates authentic picture of 1973 Belfast
      1,198 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Thai dream of a Baht Zone remains a mirage
      1107 24  -  Change and reform in Indochina Special to BT THEERA NUCHPIAM THEERA NUCHPIAM The writer is dean of the Faculty of Arts, Silpakorn University, Thailand THE much-debated Baht Zone has still not bloomed in the farmlands and factories of Indochina. The idea
      1,107 words
    • Article, Illustration
      Business laws — Indochina states get into the Act
      1418 24  - Business laws Indochina states get into the Act Special to BT DAVID HOWELL DAVID HOWELL The writer is a partner in the Singapore offiee of the law firm. Baker A MeKenzie LAST buffalo I drinks the dirty waA ter." This old Vietnamese proverb provides a clue as to why foreign
      1,418 words
    • REGIONAL WHISPERS
      • Article
        Another 14-year emergency rule?
        121 24 PHILIPPINE opposition politicians are wary over President Fidel Ramos' plan to assume "emergency powers" to deal with the crippling energy crisis in Manila. The plan, they say, brings to mind the late president Ferdinand Marcos, who imposed martial law in 1972 under the guise of an
        121 words
      • Article
        The highs and lows off a broker
        123 24 IN SOME rural areas of Thailand, share broking is a hazardous business. Stories are going around broking circles in Bangkok about brokers who. having overextended loans to investors ill-educated about the stock market, have had problems getting repayment. In one instance. an unsuccessful
        123 words
      • Article
        I am owed, I am owed, but off to work I go
        91 24 FRIENDS in high places in Laos are telling us that the local police and militia have not been paid in six months. But while there are reports of policemen halting cars on imagined infringements and letting the motorists
        91 words
    • Article, Illustration
      Guns are out, greenbacks are in
      1636 25  -  Inside Indochina Le Mai, vice-foreign minister of Vietnam, talks to Harish Mehta Harish Mehta S: At a meeting of Asean foreign ministers in Manila last year, the ministers of Russia and Vietnam reportedly held talks on leasing the military facilities in Vietnam's Cam Ranh
      1,636 words
    • Article, Illustration
      Red Vientiane regaining some of its old glory days
      1109 25  -  Special to BT JAMES MICHENER JAMES MICHENER The writer, a former United States Army pilot who flew military aircraft in the Vietnam war, now lives in Vientiane and is working on a novel set in the Vietnamese central highlands. He is
      1,109 words
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      65 25 Ten years from now the Focus* Attache will still be ahead of its time. For successful executives, the innovative briefcase: Focus? from Samsonite. Futuristic European design. Highly functional. Durable. f O Samsonite' Our Strengths Are Legendary > i.^trma.koi.4'mm, mm (.<q»«.« At department stores and luggage shops Samsonite Travel Service Centres:
      65 words
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  • Article
    Russian roulette again
    499 26 EDITORIAL RUSSIAN Vice-President Alexandr Rutskoi could not have chosen a more inopportune time to visit Asia. Even as he was speaking to the business elite in Singapore (and earlier in Kuala Lumpur), long knives were out in the Russian Parliament demanding the scalp of President Boris Yeltsin.
    499 words
  • WHAT THE OTHERS SAY
    • Article
      There's got to be heart
      267 26 IS IT materialism, selfishness, callousness, immaturity? Or just being bloody-minded? To be fair to the residents of Block 160 in Bukit Batok Street 11, they were not expected to lobby for a hospital for the elderly sick and terminal patients to be located across their
      267 words
    • Article
      Another coup in Russia?
      200 26 NO DOUBT Boris Yeltsin is a fearless leader who has survived several attempts to topple him including the bloodless August 1990 communist hardliners' coup. Yet as time goes by, his nonchalant attitude towards the impending power struggle has not helped in resolving Russia's pressing economic issues.
      200 words
    • Article
      Deferment of retirement age
      185 26 AS IT IS, the 12.5 per cent CPF contribution made by employers for employees aged between 55 and 59 is already far smaller than the 18.5 per cent for those aged below 55. Yet, employers are asking for a further cut in the former as they
      185 words
    • Article
      Reawaken the nation's conscience
      213 26 THAT VILLAGERS, environmentalists and student activists have been protesting against the World Bankfunded Pak Mool Dam since 1989 shows that there are still burning questions that need to be answered by the government and the Electricity Generating Authority of Thailand (Egat). It should be borne in
      213 words
    • Article
      A test of political maturity
      214 26 THE CONSENT by the Conference of Rulers to the Constitution (Amendment) Bill 1993 proves that much consultation, reflection and deep prayers in which emotions and rattled nerves are calmed do work wonders in resolving a sensitive issue. The question is: Will the same wisdom be
      214 words
  • Article, Illustration
    Lock icon It does matter if you're black or white
    703 26  -  Racial discrimination is still very much alive in the US, writes Susan Young Susan Young Reuter A FAMOUS actress asks to see a pair of earrings at a pricey New York City jewellery store. The sales clerk refuses, condescendingly remarking that the
    Reuter  -  703 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      313 26 Is It Boom Time For H/mL.] Food fomnanies' I Asians are expected to chomp their way through US$7OO A. billion worth of noodles, crackers, chicken wings and ice-cream by the year 2000. But are local manufacturers ready A 1 TT Tl to tap this rapidly growing market? I\ A I
      313 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      86 26 He:s P\ DeJ€£,TiVc WHO rJur*B€.RS NtRO 6A <^t IOOOO TMIS TV. THRILL£R OF FNroOfJG» V*S HOBSIE.S DtStC -TOP COrONfcrPs/ vJoPfcitslS Oc. O m-Me SftSU«£ FOOT& PM-U STCfVGHTeN? e p*\feß gups makmg dkohscn R€>/nou>s r Ppkfe.R p\eßoPLPtfjes CP\vi DO »T LOHO TH£.OO€5»TiONl »S UJt-iO CjOOLD PlAsI TV*e_ IQOiotG Cy4P^£_g s c
      86 words
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  • ANALYSIS
    • Article
      Lock icon Russia aims to outgun the West in Asia
      582 27  -  The Russian bid to sell arms to Malaysia is part of a bigger attempt to secure a niche in the region, says K T Arasu K T Arasu Reuter RUSSIA'S offer to sell Malaysia MiG-29 fighter jets and other weapons at bargain
      Reuter  -  582 words
    • Article, Illustration
      Copiable patterns of success
      1225 27  -  Rupert Pennant-Rea, editor-in-chief of The Economist and soon the next deputy governor of the Bank of England, tells Salil Tripathi there is nothing uniquely cultural about the success of any country Salil Tripathi WHAT kind of a man would chuck up the job of being the
      1,225 words
    • Article, Illustration
      Lock icon Captain Crook
      1051 27  -  Corruption is rife in the Russian armed forces, especially in the officer ranks. Ralph Boulton reports Ralph Boulton Reuter FOUR Russian sailors die, abandoned and starved, on a bleak Pacific coastal base. Close by. an air force general stands charged with embezzling a fortune, using his heavy bomber
      Reuter  -  1,051 words
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  • Article
    No-confidence vote against Yeltsin to be moved today
    590 28  -  Russian opposition parties want presidential re-election within one year From John Helmer in MOSCOW LEADERS of Russia's parliamentary opposition will move a vote of no-confidence in President Boris Yeltsin when the Congress of People's Deputies meets in emergency session, starting today. Nationalist
    590 words
  • Article
    Lock icon US spending budget slashed by US$63b
    461 28 Clinton earlier agreed to additional cut of USsssb; further cuts expected Reuter AP WASHINGTON Democrats on the US House of Representatives' budget committee slashed US$63 billion (S$ 103.7 billion) from President Bill Clinton's spending proposals on Monday, although a few hours earlier he had
    Reuter; AP  -  461 words
  • Article
    Lock icon Productivity of American workers highest in two decades
    277 28 AP WASHINGTON The productivity of American workers jumped 2.8 per cent in 1992, the best performance in 20 years, the government said yesterday. The Labour Department said the increase in productivity, defined as output per number of hours worked, was even stronger
    AP  -  277 words
  • Article
    Lock icon Washington will champion open markets, says Kantor
    409 28 AP WASHINGTON United States Trade Representative Mickey Kantor told Congress yesterday that the Clinton Administration intends to "champion open markets and expanded trade". But he warned other countries that the US will demand that their markets be open to American products. In his
    AP  -  409 words
  • Article
    Lock icon No quarrels now if UK had kept to past agreements, says Jiang
    372 28 AFP HONGKONG Britain and China would not be at loggerheads over more democracy for Hongkong if London had kept to past agreements with Beijing, Chinese Communist Party secretary general Jiang Zemin has said. "If they had been observed,
    AFP  -  372 words
  • Article
    Lock icon US and Taiwan begin copyright talks
    282 28 Reuter WASHINGTON The US and Taiwan opened on Monday five days of talks on intellectual property rights, a contentious issue which has long soured bilateral trade tics. Acts of piracy cover everything from computer software and music compact discs to designer handbags and brandname
    Reuter  -  282 words
  • Article, Illustration
    Growing political will in M'sian logging industry
    742 28  -  The Bottom Line NIRMAL GHOSH NIRMAL GHOSH The writer is a BT journalist. KUALA LUMPUR recently slipped into top gear against illegal logging. The measure was long overdue, and possibly the best news of the last year or so on the regional environment
    742 words
  • Article, Illustration
    Running for dear lives
    48 28 SARAJEVO People running for cover as they pass an area of heavy Serb sniper fire in the besieged Bosnian capital on Monday. Shots were heard hitting the wall, which serves as a barrier for hundreds of citizens heading for their morning shopping or business.
    48 words
  • Article
    Lock icon Clinton and Mitterrand discuss world issues
    372 28 Reuter WASHINGTON French President Francois Mitterrand visited the White House yesterday for brief talks with President Bill Clinton focusing on the civil war in Bosnia, rising political turmoil in Russia and international economic issues. A generation divides the two leaders Mr Mitterrand is 76.
    Reuter  -  372 words
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  • SHIPPING TIMES
    • Article
      Bunkering procedures help reduce disputes
      404 29  -  By Ramesh Divyanathan SINGAPORE A code of bunkering practices, the Singapore Bunkering Procedure (SBP), has helped cut the number of bunkering disputes in Singapore. For the six months between August 1992 and January this year, the Port of Singapore Authority (PSA) and the Singapore National
      404 words
    • Article, Illustration
      Lock icon Antwerp port expects tough first-half
      408 29 Reuter ANTWERP, Belgium Antwerp port, Europe's third busiest in volume terms, will be hit in the first half of 1993 by a global trade slowdown but the port president is confident this will be short-lived. "We will have less goods coming to and from our
      Reuter  -  408 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1180 29 Page Col ABC Containerline 12 I Accord Group 8 1-3 Ahrcnkicl Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 I ANL 3 1/2 APL 5 3-5 ASC'L 5 5 Asian Ureakbulk 16 5 ASXCL Shpg 15 2 Avant Shpg 6 4/5 Avia
      1,180 words
    • Article
      Fels to jointly own jack-up rig with Smedvig
      205 29 SINGAPORE International; rig builder Far East Levingston Shipbuilding (Fels) has signed a joint-venture agreement with Smedvig AS of Norway to jointly own a jack-up rig. The contract was signed after the Fels and Smedvig boards approved a letter of intent signed in
      205 words
    • Article, Illustration
      Lock icon KL orders all-out search for Iranian supertanker
      656 29 Bernama KUALA LUMPUR Science. Technology and Environment Minister Law Hieng Ding yesterday ordered the Department of Environment (DOE) to immediately locate an Iranian supertanker said to have dumped 4.000 tonnes of sludge in Johor waters. He directed the DOE to deploy aircraft and
      Bernama  -  656 words
    • Article, Illustration
      Federico Pena faces tough job at sea and in the skies
      879 30  -  The new US Transport Secretary, whose transport experience is limited, has to grapple with a host of problems plaguing the maritime and airline industries, reports Erich Toll from Colorado Erich Toll NEW United States Transport Secretary Federico Pena has
      879 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        699 30 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port Altnes Chariot Longping O-Tsu 1 Sang Thai Jewelry Bestco 181,6 Bmtang laya Chm Lung Hsiang H Prosper 1388 Kee dory f.otndo Neo Palmira Ramdas Sea Bridge 44 4 0309 004 01/93 04 03
        699 words
      • Article
        MALAYSIAN PORTS
        115 30 iohore Port Berth: 1: nil; 2: Ping Jiang; 3: Ivan Makarin; 4: Valimahi; 5; Yi Hai; 6: nil. 01 jetty: Global Ceres. D.CJ: Ocean Elite Due on Mar 9: Shoryu Emmy, Johan, Goldensplendour, Processor Buzmk. Barge Josindo Satu. Barge Melati. Kris Lamona. Due on Mar 10: Golden Crux
        115 words
      • Article
        CONTAINER SCHEDULES
        2229 30 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Voy No Containers avaiable Ship Voy No Containers available Elbe 14 206 *****3 0750 Dragon lava 40N CODiEST) 0903 93 0700 Eagle Sea 093 *****3 0752 Kota lade 02S COOlEST) 09 03 93 1430 Anna MS 9304 0803 93 1000
        2,229 words
    • Article
      THE SHIPPING GUIDE
      10142 38 IT»is is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates ot' arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      10,142 words
    • Article
      DAILY FREIGHTS
      838 45 DRY CARGO freight rates continued to strengthen on Monday aided by the recent pick-up in grain business from the US Gulf to the Mediterranean region and the Baltic Freight Index (BF1) was marked up bv four points to 1,389. Dealers said grain fixtures were reported from the US
      838 words
    • Article
      TRANSPORT DIARY
      453 45 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:
      453 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Airline traffic growing but profitability remains elusive
        375 48 Reuter GENEVA The world airline body lata reported passenger traffic growth of 11 per cent in January but said a return to profitability after four years of mounting economic woes remained elusive. lata, the International Air Traffic Association, said seat supply had also
        Reuter  -  375 words
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        Lock icon Fliers bumped by US airlines hit record low
        211 48 Bloomberg Business News WASHINGTON Last year. US airlines bumped fewer passengers than ever before. The US Department of Transportation (DOT) on Monday said the number of people who were told they couldn't board a plane last year because the flight was oversold
        Bloomberg Business News  -  211 words
      • Article, Illustration
        Lock icon Clubby get-together
        50 48 Reuter DETROIT Japanese Ambassador to the US Takakazu Kuriyama (left) posing with car executives at the Economic Club on Monday. With him are (from left) General Motors CEO Jack Smith, American Automobile Manufacturers Association president Tom Hanna, Eord chairman Harold Poling and Chry sler president Robert Lutz. Reuter
        Reuter  -  50 words
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        Lock icon US court backs shippers on rates to truckers
        448 48 Bloomberg Business News WASHINGTON The US Supreme Court on Monday handed a victory to former customers of bankrupt trucking companies. It ruled 8-1 that the customers do not have to pay full rates to the truckers before challenging the reasonableness of those
        Bloomberg Business News  -  448 words
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        Lock icon Boeing boss got a pay rise of 16pc last year
        386 48 Bloomberg Business News WASHINGTON Boeing Co. which is planning to reduce its workforce by 20 per cent during the next 18 months, said it gave chairman Frank Shrontz a 15.7 per cent pay raise in 1992 because the company exceeded
        Bloomberg Business News  -  386 words
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        Lock icon Top GM exec said to be leaving for VW
        394 48 NYT DETROIT The signs are growing stronger each day that Jose Ignacio Lopez de Arriortua. General Motors' (GM) energetic purchasing chief, will jump ship and join Volkswagen (VW). Ward's Automotive Reports. citing sources in Wolfsburg, Germany, where VW is based, reported
        NYT  -  394 words
      • LOG BOOK
        • Article
          Lock icon Taiwan studies links with China
          59 48 Reuter TAIPEI Taiwan's communications ministry, preparing for the eventual opening of direct transport links with China, has commissioned its first study on future air and sea services, the ministry said yesterday. The study, by scholars at National Taiwan University, did not represent government policy but
          Reuter  -  59 words
        • Article
          Lock icon US airlines expected to buy fewer craft
          130 48 Reuter SEATTLE The number of new planes going to US airlines will fall sharply in the next few years, reducing overcapacity and limiting the fare wars that result. "We've had too many seats chasing too few passengers." Scth Schofield. chairman of USAir Group
          Reuter  -  130 words
        • Article
          Yamaha Motor sees profits falling
          107 48 TOKYO Yamaha Motor Co. the world's second largest motorcycle maker, expects its business downturn to continue in fiscal 1993 ending March 1994. spurred by a domestic recession and the yen's rise against the dollar, company officials said, according to a report in yesterday's edition of
          107 words
        • Article, Illustration
          Lock icon In danger of becoming extinct
          54 48 Reuter HONGKONG A lone rickshaw puller waits for tourists from his place in front of a taxi stand in Hongkong. There are only 10 rickshaws left in the colony and the men. whose average age is over 70. make a living hauling tourists around the
          Reuter  -  54 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1322 48 City m>t ETA FMght ETC Adelaide SQ227 2230 Amman RJ183 2335 Amsterdam GA895 1325 SQ324 2215 KL837 1545 KL838 2350 SQ323 1735 Auckland NZ2I 1705 NZ22 1825 SQ288 2040 Bahrain GF149 0650 B Seri Begawan ***** 1105 SQ182 0930 SQ181 1425 BI430 2125 BI429 2030 Bangkok
        1,322 words
  • Page 29 Advertisements
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      7 29 LAW PAGE Every Thursday in Business Times
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      Page 29 Advertisements Column 2
      26 29 Lines and services represented by Members ef the Registry el Accredited $,ngapof NatkMM< SM P- xSjj&ffj/ X.'W>y lor (flvertismx enquiries, contact Shiptunv limes Id /to- mv/no-xm
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      Page 29 Advertisements Column 3
      128 29 US Transport Secretary faces tough job. Page 2 Airline profitability still elusive, Back Page We Offer More Service We're there when you need us... East or West, or in between. Your business isn't always plain sailing. So, there are times when you need a carrier that can deliver more than
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      24 29 CARGO-PAK v Ensure optimum protection for your cargoes coring transport at law costs. yTKn FUJI TBADIMfi KlllfiAPOttFl PIT LTD \yvT\ TEL *****5S FAX: *****43
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      2734 31 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES BOOKINGS TEL: *****34 *****58/ *****40 AliiWW CFS (PSA F5) TEL: *****21/ *****79 |fflliaa JARDINE SHIPPING AGENCIES SON. BHD. PETALING JAYA TEL 03-*****76 FAX: 03-*****42 I, VftrtT J T PENANG TEL: *****4 FAX *****1 CFS TEL: *****6 Dedicated to Quality Service ipoh tel: *****3/4
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      Page 31 Advertisements Column 2
      1866 31 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 fSuASCTfr B(/M7ED ARAB SHIPPING CO.(SAG)IJ^ y To US East Coast fit WT W IM IK Off W n sm won 21.01 ;jm n m mm mm Ai UNAII W10« 7 04 in 10 K UK UK SAWA »OS» MO4M 23 04 NK
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      Page 31 Advertisements Column 3
      1529 31 ■ni.VJHiHIIIIfI'i NEXT AVAILABLE VESSEL TO SOUTH AFRICA ORJANE V.9008 ETA SIN 12TH MARCH 1993 Vessel Voy ETA ETC Feeder by Sea Ijm Aries DESTINATIONS This week MADISON MAERSK V 9304 «100 hrs CPS 16/3 0300 HRS JOH LPK PEN OAK LGB MOO SOO ATL MIA CHS BAL PHL NYC ARC
      1,529 words
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      Page 32 Advertisements Column 1
      1536 32 AQABA R DAM/ LE ■BITTTS VOY NO S PORE JEDDAH (via JED) S TON H BURG ANT HAVRE KASUGA 1 25 109 11/3 27/3 30'3 28/3 1. Ml NCSIBOIM) LEVERKUSEN EXPRESS 11/309 13/3 22/3 28/3 31/3 3/4 5/4 7/4 PCKT KELRHG i PCNRN6 I FRANKFURT EXPRESS 66'110 17/3 3/4 6/4
      1,536 words
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      Page 32 Advertisements Column 2
      597 32 FCL Breakbulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam Mongolia Hungary CSFR Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL BISSAU LUANDA BATA Feeder Vessel ETA SIN VILLE DE CANOPUS 14/0 3 VILLE
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      Page 32 Advertisements Column 3
      1630 32 CTBWMia Ml I REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALQ BCL* HAM BRE# ROT ANT# FEL LHA I NORASIA SAMANTHA 9302-3 16/03 06/04 07/04 11/04 12/04 13/04 14/04 15/04 16/04 I NORASIA SUSAN 9303 S 25/03 14/04 16/04 19/04 20/04 21/04 22/04 22/04 23/04 I NORTHERN JOY 304H 30/03
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      2125 33 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****08 Fax: *****17 STS Shipping Pto Ltd cum" out sm.s II CONTAINER SERVICE TO CAMBOOU KRIS Ml RUB) VO4E Ml a. J KK. Skin. law 0* 09 Mar 07 Mir 10 Mil RAJAH BROOME VO7E lab
      2,125 words
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      Page 33 Advertisements Column 2
      2714 33 SINGAPORE AGENT: itlAtiC P&O Containers (Singapore Agencies) Pte Ltd |X\ f VjUIILCIIIICIa 10 H °e Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 W W v CR Number: **********0Z EXPORT IMPORT VESSEL VOY 'PNO 'PKG UN UO KM «NT MT
      2,714 words
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      721 34 mmm I T6 EURME fc, TT '-A* »a wi mm urn hmc aoo mhwdF" ■MM 27N8 I 13-15/3 11/4 ~lt/4 11/4 21/4 TO austr3Us^^^ EAST COAST' POUTS""' vslvot wi store sro ttiß bws ere Imi 60NA 03S 12/3 13/3 29/3 1/4 1/4 WO TEMASER 53S 21/3 20/3 1/4 11/4 5/4
      721 words
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      Page 34 Advertisements Column 2
      2034 34 HANJIN SHIPPING I FDR VSI SM UK HAU SEA PC* FDR VSI SM I Lift HAU SAV 1M NYC HANJM VANCOUVER 012E 13 3 OKCI 1/4 3/4 HMUN K UKS AN ORSE IS/3 HK EI LUNG 0411 22/4 23/4 2S/4 HANRN OSAKA 004E 21/3 H. BREkEN 007E 15/4 17/4 HRMM
      2,034 words
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      Page 34 Advertisements Column 3
      1534 34 H "TH -TTTT^ na scr kjc we us rus wi on kt au iro ui os bm ntc u« wm mm iiv «c no cm na scr I ELOAOMGMI77 9/3 kiPt 15/J 17/3 19/3 22/3 23/3 25/3 */J 27/3 29/3 9/4 214 23/4 24/4 4/5 5/5 t/5 7/S 0/5 lt/5
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      Page 35 Advertisements Column 1
      1354 35 "^^^^^||pLEASE~DIAL~I-800~*****00(tollfiiee)B| II |I FOR ALL BOOKINGS NOL SERVICES)II I) II *R3 SCX: Connecting N. Diamond ¥oy 12E in HK6 28/03/93 HI *R4 SCX: Connecting C. Pegasus ¥oy 121 In HK6 04/04/93 NORTHW£ST EXPRESS (NWXr I SINGAPORE CALIFORNIA EXPRESS (SCX) I ITO PNW 'USA INLAND POINTS 1 "> CALIFORNIA USGULF' HtLAKO
      1,354 words
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      Page 35 Advertisements Column 2
      582 35 ©HEUNG-A SHIPPING II Korean Flag Vessels FULLY CONTMNBHSED SERVICE TO; HONGKONG, BUSAN, MCHON, MOW STRAITS/KOREA SERVICE na sn sur hrs bsm nc moi LEEWW® 310N 16 03 17/0) 21/13 2V13 26 03 27,03 CHOTMG LAM) NB3II 11/03 11/03 73/03 27/03 21/03 29/03 •NO SOOMM 303N 2S/03 21/03 04/04 1194 13
      582 words
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      Page 35 Advertisements Column 3
      1154 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES £ASTBOUND —OISCHARQNC WESTBOUND—LOAOWC TRANSHfPED
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      Page 36 Advertisements Column 1
      1549 36 K» V ST" M AGENTS: KAWASAKI SINGAPORE (PTC) LTD (CR No: **********0 M) V W V TEL *****77 TELEX: KAWAJCIRS23I6S FAX *****07/^9 ftj MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD Am, JL f/ TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 KAWASAKI KISEN KAISHA, LTD SA«ANA LAUT
      1,549 words
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      Page 36 Advertisements Column 2
      1174 36 PHI LI on If NT LINCS PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION MB,r p AUSrnAUAA*WZEALMM9QUTHManC FtULCLUMMCf j—[ 15 MAR SYDNEY.
      1,174 words
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      Page 37 Advertisements Column 1
      1035 37 PACIFIC INTERNATIONAL LINES (PTE) LTD) I 140 Cecil Street. #03-00 PIL Building. Singapore 0106 I CR NO **********0 C VESSEL VOY SIN BKK SIN 1 EQUATOR CRYSTAL 133N 13/3 16/3 20/3 13/3 W3 20/3 SRISAMUT (THAI FLAG) SRSIIN 14/3 17/3 21/3 KOTA INOAH 3211 14/3 17/3 21/3 KOTA BINTANG KBTION
      1,035 words
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      Page 37 Advertisements Column 2
      1625 37 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p P GUOANG PENANG FKELANG| OCEAN VSL VOY SIN SOUd) RTM (2) HAM (3) GOT (4) E 12/3 13/3 BENALDER 3092 16/3 2/4 4 4 5/4 7/4 E 19 3 19/3 20/3 TOYAMA 3102 23/3 9/4 11/4 12 4 14/4 D 26 3
      1,625 words
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      Page 37 Advertisements Column 3
      300 37 BSA° TRANSPORTATION M MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdt PAGAN VI94W 11/13 M* MVOMAYWA VI47W 14'16 Mir 10/12 M« PATHEIN VI22W 13/15 Mar MAUTSiA AGENTS BOUSTEAO SHPPMG AGENCSS All HI 03 *****00 PHI TEL 03 3tK7t7 PEN TEI 04 (***** PGD
      300 words
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      Page 40 Advertisements Column 1
      3092 40 Full Container Liner Services Mmsas Central Agents: Booking Agents: Guan Coon Shipping Sdn Bhd Chnng Chiao Shipping Sdn Bhd P.T. Global Potra Indonesia Maritime Costar Shipping Pte Ltd StUpomg Freight Booking Centre Sdn Bhd 58 Persiaran Ra/a Muda Wusa Lot 3.34. 3rd Floor. Jl IR H Juanda 111/14 2 Mistri
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      Page 41 Advertisements Column 1
      699 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIRE AUS 15/3 ROTTERDAM 15/3 HAIFA/ASHDOO/ALEXANDRIA 15/3 HAMBURG/BREMEN 15/3 MARSEILLE/FRANCE 15/3 FELIXSTOWE/UK 15/3 BARCELONA/SPAIN 15/3 LEHAVRE/ANTWERP 15/3 GENOA/ITALY 15/3 GOTHENBURG/SCANDINAVIA 15/3 LOS ANGELES/WC/IPI 13/3 SYDNEY/MELBOURNE 14/3 NEW YORK/EC 13/3 FREMANTLE/ADELAIDE fl/3 VANCOUVER 17/3
      699 words
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      Page 41 Advertisements Column 2
      784 41 g RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) PB ETHIOPIAN SHIPPING LINES (National lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA LOADING FOR SPORE ANCMNET 30WB IVO4 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT 32W8 20/0S DARESSALAAM MOMBASA
      784 words
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      Page 41 Advertisements Column 3
      679 41 JAKARTA BANGKOK una 1 nor I m m warn Iwr smarm §mmm WANA BHUM UIS InPI 14/3 C KOfINTSEV 17N Wed lln Pt Sat 13/3 RAJA BHUM 69S 12/3 10/3 MAHA BMJM 14BN W»d In Pt Sw 14/3 THAN A BHUM 21S 13/3 17/3 B>MI iZ? lill *2 L5Zi WAW>BHUM
      679 words
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      Page 41 Advertisements Column 4
      352 41 ©ssapa wn-une BAY OF BENGAL SERVICES TKEt mom 57* 12-12/03 10-19/03 2S-2S/03 I nan BRDGE 245H IS-10/03 22-24/03 31-31/03 I TIGER SIM iM 17-11/03 24 2S/03 31-01/04 I CAPE BOHAWSI* 241 22 23/03 20-30/03 QS46/04 TKU ma 163CW 1112/03 10-22/03 20-30/03 I LHOTSE 437 13-14/03 21 25/03 31-01/04 I EMU
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      Page 42 Advertisements Column 1
      1476 42 container lines l£J\c/v£jAgents: MAC-NELS SPORE: *****22 PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 COMPETITIVE RATE TO HONG KONG 3 SAILINGS WEEKLY (MON/WED/FRI) FOR BOOKING, PLS CALL *****76. *****75. *****221 Si GLOBEUNK FORWARDERS PTE LTD TEL: *****33 (18 UNBBI FAX:
      1,476 words
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      Page 42 Advertisements Column 2
      237 42 w BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LYT SM PROSPECT 23S 14/3 26/3 2S/3 14/4 #N I STAR 6S 20/3 1/4 3/4 20/4 PREMCR 23S 4/4 17/4 19/4 4/5 a WITH OPPORTUNITY TO CAU BRISBANE ON OR ABOUT 27/3 FULLY CONTAINERISED SAILINGS
      237 words
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      Page 42 Advertisements Column 3
      988 42 f THONG SOON UNES PTE. LTD.] Ml 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRD, RS ***** JENHOL CABLE: TOSOCO COHVEWTIONAL/CONTAIWgB ■OOKIMO UHfc *****68 SINGAPORE TO SARAWAK VESSEL VOT SPORE BEST VESSEL VOY STORE ICST EQUATOR JADE 71/3E 11
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      Page 43 Advertisements Column 1
      863 43 WcV'EVERETT ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTHG BSEAKBU.K SOC CARGOES 10 FROM KOK. YOKOHAMA. NAGOYA. MO*. TOKYO* MA Nil A' DAVAO° Penang* P. Kelang Singapore E'Msia* KAMALEVERETT VISE 23/24 Mar KARABIEVERETT VIIE 08/09 Apr 10/11 Apr SHAPIAEVERETT VISE 26/27 Apr 28/29 Apr ACCEPTING BREAKBUK FCI SOC CARGOES TO FROM
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      Page 43 Advertisements Column 2
      345 43 18* GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG "AT ATTRACTIVE RATES' CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VI 8/3 10/3 13/3 24/3 GLORY SELATAN V 10/3 12/3 15/3 25/3 SP PKL HCM HK KAO GLORY SELATAN X 1/3 6/3
      345 words
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      Page 43 Advertisements Column 3
      699 43 PGSL WORLDWIDE PANAMA -GLOBE STEAMERS UWES REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU A 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
      699 words
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      Page 43 Advertisements Column 4
      409 43 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN ALSO CALUNG PT. ELIZABETH/JOHANNESBURG TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN ALSO ACCEPTING CONTAINERS TO TUTICORIN/ BANGALORE/COCHIN AND NEW DELHI WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED
      409 words
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      Page 43 Advertisements Column 5
      369 43 SIN FAR EAST 16/3 KEELUNG/KAOHSIUNG 13/3 BANGKOK 15/3 MANILA/CEBU 14/3 JAKARTA/BELAWAN/SURABAYA 15/3 PORT KELANG/PENANG/E. MALAYSIA 15/3 BUSAN 14/3 TOKYO/YOKO/KOBE/NGO/OSA 15/3 HONG KONG SjN CHINA (<fß#±«fen) 15/3 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN SHANGHAI XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 15/3 LDN/FLX/LVP/SOU 15/3 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech SIN USA/CANADA
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      Page 44 Advertisements Column 1
      665 44 HONG KON6/CHINA 15/3 JAKARTA 14/3 BANGKOK 10/3 13/3 MANILA 15/3 BUSAN 15/3 KEELUNG 16/3 TOKYO/KOBE 14/3 KAOSHIUN6 12/3 POBT KELAN6/PENAN6 14/3 YOKOHAMA 14/3 COLOMBO 16/3 FELIXSTOWE/HAMBURG 13/3 CHITTAGON6/MADRAS 17/3 ROTTERDAM/LE HARVE/ANTWERP 13/3 BOMBAY/KARACHI 15/3 BARCELONA. MARSEILLES. 6ENOA 14/3 CALCUTTA 14/3 LAX/NYC 14/3 SYDNEY/MELBOURNE d«SF=]jp CMT LINER EXPRESS AGENCIES PTE LTD
      665 words
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      Page 44 Advertisements Column 2
      390 44 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 14TH MARCH ACCEPTING TO ALL PORTS IN NEW ZEALAND PENANG 18 MAR PORT KELANG 18 MAR JAKARTA 14 MAR FREMANTLE 18 MAR SYDNEY 18 MAR MELBOURNE 18 MAR BRISBANE 15 MAR HAMBURG 13 MAR FELIXSTOWE 13 MAR GOTHENBURG 13 MAR 'ACCEPTING TO
      390 words
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      Page 44 Advertisements Column 3
      465 44 This Week's Sailings Singapore I ir FIRST FORWARDER IN To: ETD To: E I D ASIA awarded Singapore Singapore ,so 9002 LRQA EVERY EVERY Bangkok SUN Hamburg SAT —yyi EVERY EVERY Manila SUN Ho Chi Minh KRI k fDj j EVERY EVERY wOvv bsSLi C olombo TUE lx»s Angeles SUN
      465 words
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      Page 44 Advertisements Column 4
      137 44 H NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOY.VKAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACH)/NEW YORK/ CHICAGO/SYDN E Y/M ELBOU RN E/H AM BU RG/ FELIXSTOWE/ROTTERDAM/DL'SSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI. SHAH
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      Page 45 Advertisements Column 1
      1603 45 The weekly freight report was not available because of technical problem. VESSEL/VOYAGE SINGAPORE DURBAN PORT ELIZABETH CAPE TOWN ORANJE V9OOBF 11/3 23/3 25/3 27/3 HAVAKAWA MARU V9167F 21/3 2/4 4/4 6/4 VAAL V9265F 31/3 12/4 14/4 16/4 NEDUOYD COLOMBO V9364F 10/4 22/4 24/4 26/4 OSAKA MARU V9469F 20/4 2/5 4/5
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      Page 45 Advertisements Column 2
      76 45 ■r-mriiiiiiiii.iiiii'jiiiiMa Q "BANGKOK" P.A.T. KLONG TOEY PORT I ETA ETA I VESSEL VOV SM BANGKOK MAHA BHUM 148N 10/03/93 14/03/93 NANTA BHUM 132N 13/03/93 17/03/93 u MAHA BHUM 149N 17/03/93 20/03/93 <U NANTA BHUM 133N 20/03/93 24/03/93 «o (MAHA BHUM IS A FULL THAI FLAG VESSEL) > ETA ETA ETA
      76 words
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      Page 45 Advertisements Column 3
      65 45 votainer IVotainer rc eiimpe mi I ((VFERLWF VESSELS fc CALL: 273-0133 (BOOKINGS) M 273-0466 (ENQUIRIES) 5 XS^ Iw/Voy SINIRTMI FLX «E lew! AWT HAM I NomundK Brid«e V24W 6/3 23/3 25/3 27/3 23/3 26/3 I OOCL Hope V24W 29/3 30/3 1/4 3/4 30/3 2/4 I Hephne Top« V27W 5/4 6/4
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      300 45 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 7000 2100 2200 2300 JR 29 29 2.6 2.0 1.3 OS 04 03 0.5 0.9 1.7 2.7 3.1 3.2 30 2.5 1.7 1.1 06
      300 words
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      Page 46 Advertisements Column 2
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      Page 46 Advertisements Column 3
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      Page 47 Advertisements Column 2
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      Page 47 Advertisements Column 3
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