The Business Times, 12 March 1993

Microfilm: NL18518
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 BUSINESS TIMES WEKNOW ASIA MITA (P) 552/12/92 Friday March 12 1993 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Bundesbank prepares to cut interest rates
      73 1 Reuter LONDON The Bundesbank has prepared the ground through its money market operations for a half point cut in leading interest rates in the next few weeks, Helmut Gciger, head of the Association of German Savings Banks, said yesterday. "The Bundesbank has paved the
      Reuter  -  73 words
    • Article
      Lock icon US, Nato may send troops to Bosnia
      67 1 Reuter WASHINGTON The United States is holding talks with Nato allies about forming an international military contingent to enforce a Bosnian peace plan even as Serbian President Slobodan Milosevic yesterday declined to endorse the peace plan in an apparent setback for mediators' efforts,
      Reuter  -  67 words
  • Article, Illustration
    MARKET SUMMARY
    113 1 Stock market indices Thursday Change STII 1.666.64 -1.32 KLSE Composite 637.25 -0.12 Nikkei 17.904.79 4 46 16 Hang Seng 6,371.84 -116 62 SET Index 896.76 -3.31 Jakarta Composite ...312.69 +0.91 CLSA China B 1.519.06 -6.68 Aust All Ord 1.661.1 +13.7 FTSE 100 2,953.4 -3.3 Thursday Previous llam Hose
    113 words
  • Article
    S'pore Telecom listing by Sep, eight more in next 3 years
    654 1  -  By Lee Han Shih SINGAPORE The huge Singapore Telecom flotation is likely to take place by the end of September, and will be followed by the listing of eight government-linked companies (GLCs) over the next two to three years.
    654 words
  • Article
    Patten's Bill out today unless China agrees to UK terms
    444 1  -  From Catherine Ong in HONGKONG HONGKONG will set in motion the legislative process for Governor Chris Patten's political reforms Bill today unless China agrees to British terms for talks, sources said last night. After weeks of agonising over when the
    444 words
  • Article
    Lock icon US drafts new Asian policy to boost high-tech exports
    360 1 NYT WASHING lON The Clinton administration is drafting a trade policy toward Japan, China and South-east Asia that would combine aid to American high-technology industries with negotiations to open Asian markets for these products, administration officials said on Wednesday. The new
    NYT  -  360 words
  • Article
    Lock icon Kelantan Sultan under pressure by Umno to step down
    335 1 Reuter KUALA LUMPUR The hereditary ruler of Malaysia's Kelantan state, who opposed government moves to strip the country's nine sultans of their legal immunity, came under pressure yesterday to give up his throne. Ministers and officials from the ruling United Malays
    Reuter  -  335 words
  • Article, Illustration
    Biscuit tycoon Pillai charged with making illegal loans
    484 1  -  By Conrad Raj SINGAPORE Indian biscuit king Janardhanan Mohandas Rajan Pillai was charged yesterday on three counts of making illegal loans totalling more than 522.75 million and involving companies related to him. Pillai is already facing a number of civil claims from
    484 words
  • Article
    Singapore sends good wishes to Suharto
    114 1 SINGAPORE The Republic has congratulated President Suharto on his re-election to Indonesia's highest post, describing it as a reaffirmation of the Indonesians' faith and trust in him. "The people of Indonesia have renewed their trust and faith in Your Excellency's lead- crship in building
    114 words
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      168 1 rssnri I COMPUTER PRINTER I RIBBON MANUFACTURER CONTENTS Spore News 2 £pwHraa\ 9.10.11 Regional News 3.4.5 Finance 12.13 World News 7.8 Fcatam Markets Analysis 25 Oob/KLSL SES 17.18 E Atonal 24 Regional 15 Sports 19 Work) 16 TV/Lrtestyte 21 Currencies 13 Reponal Focus 6 S«n«/Commo 13.14 Subscription Tel 180 ft
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      12 1 Advertising Marketing Home Box Office is first on the scene P# 22
      12 words
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      10 1 Hock iMck Siew llari Hani rally on KISE Pg 9
      10 words
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      50 1 The Bottom Line fay Missing: Economic npyi P# UN4.ANMI It* «81 4VtS*li*ht "U.'Oi I W **< 'ISH«(|iaß|aai W ~M> Wlmi I R.*/« l«4 l« Vtf .<• f* iU~ fervour* M 'Hl-V? «4U|jA W <M< M »4 O IH MM IM m i 4 MMIMIA *> I*l .S M i.l.lkSM LJ
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      24 1 HAN BOONS aC ASSOCIATES Tel: 250 8070 Fax; 250 8471 Suharto pledges to close class gap, Pg 3 Rise of Try Sutrisno, Pg 24
      24 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon A changing picture
        353 2  -  By Anna Teo THE output of every Singaporean at home and abroad or what's known as per capita indigenous GNP grew to $21,271 last year. That's up 4.8 per cent from the 1991 level, the lowest growth rate since the 1985-86 recession. After rates of above 12
        Source: Dept of Statistics  -  353 words
    • Article
      74pc of taxpayers will pay no income tax from next year
      618 2 Yesterday in Parliament THREE-QUARTERS, or 74 per ccnt, of taxpayers in Singapore will pay no income lax from next year when the rc-ccntly-announced package of income tax rate cuts, higher personal tax relief, and tax rebates come into effect.
      618 words
    • Article
      S'pore-M'sia defence ties are warm and positive: Yeo
      166 2  -  Reports by Chuang Peck Ming and Schutz Lee SINGAPORE'S defence ties with Malaysia are warm and positive. Defence Minister Yeo Ning Hong assured the House yesterday. "But being very close neighbours, misunderstandings and difficulties do arise from time to time," he said.
      166 words
    • Article
      Autonomous schools to get 10pc more money
      183 2 THE government will provide 10 per cent more money, or about $350 more per pupil a year, to autonomous schools as a block grant. Education Minister Lee Yock Suan said. But parents should also do their part by contributing about one per ccnt
      183 words
    • PARLIAMENT BRIEFS
      • Article, Illustration
        Throw more, pay more
        93 2 GARBAGE collectors may charge households according to their volume of thrash. The government is studying two proposed volume-based fee systems. Environment Minister Ahmad Mattar said. With the pre-paid bag system, households buy special bags for their refuse and included in the price of each bag is
        93 words
      • Article
        Going for green
        85 2 RETAILERS and manufacturers have shown great enthusiasm for the Environment Ministry's scheme launched last August to label environ-mentally-friendly products. Environment Minister Ahmad Mattar said a survey of 15 companies showed six had increased sales of green label products by between 2 and 60 per cent. The scheme
        85 words
      • Article
        Stay cool without CFCs
        73 2 FROM January 1995, all airconditioners fitted in new cars must use coolants free of chlo- roflurocarbons (CFCs), an en-vironmentally-unfriendly gas. This is to prevent any dumping of air-conditioners using CFCs in Singapore before the new phase-out date for CFCs, said Environment Minister Ahmad Mattar. The Montreal
        73 words
      • Article
        Back for funds, in no time
        78 2 SINGAPORE now spends enough on defence to maintain a deterrent force, said Defence Minister Yeo Ning Hong. But should current security uncertainties threaten to break into armed conflict spilling into the region, the Defence Ministry would be back to the House in double quick
        78 words
      • Article, Illustration
        First in first out
        92 2 MORE young men are signing up for national service (NS) under the Voluntary Early Enlistment Scheme. A publicity drive pushed the number up from 78 in 1991 to 348 last year, said Matthais Yao, Parliamentary Secretary for Defence. The scheme was started in 1986 to let
        92 words
    • Article
      Call for total abolition of 4pc cess instead of reduction to 1pc
      410 2 Iras, hotel and travel industries discuss GST's effect on business LEADERS of the hotel and travel industries have met the tax authorities to discuss how the goods and services tax would afTcct their business. During the three-hour meeting
      410 words
    • Article
      GST team now under one roof at International Plaza
      209 2 GIVING an idea of the scale of work to come with the goods and services tax (GST), the team charged with putting the consumption tax together will move to the 32nd floor of International Plaza today. The move from the Internal
      209 words
    • Article
      Caltex to shift key offices to Savu Tower 2 and rename building
      266 2  -  By Lilian Ang OIL MAJOR Caltex plans to house all its key offices in Savu Tower 2 a move which reflects the US-based group's efforts since last year to restructure its Singapore operations. Industry sources say Caltex will
      266 words
    • Article, Illustration
      HDB's 1st land sale this year likely to draw bigger crowds
      660 2  -  By Colin Tan THE Housing and Development board's first land sale of the year is likely to attract more than its usual crowd of prospective buyers. The sale by tender, launched today, will include the Government's first offer of
      660 words
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      114 2 o OMEGA The sign of excellence. Before you take your first step, we take 250. SINCE 1873, Church Company has to elegant Available at Isetan Orchard, Robinsons, been producing classic English shoes. city shoes Sogo and Cinderella Shoe Boutique Some2sostagesgomtothemakingof and relaxing J (Shaw Centre). a pair as they are
      114 words
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      51 2 f§ Don't miss AFTER 5 oj Your day may be over But your night is just beginning! Get a drink, go dancing, JH K hear the latest hit, see the hottest band in town... Explore the possibilities with our AFTER 5 listings. Every Friday in The New Paper Fastads. JP
      51 words
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  • THE REGION
    • Article, Illustration
      Indonesia set for post-Suharto era as Try is sworn in
      539 3  -  Political leaders call for more power for new V-P Reports from Yang Razali Kassim in JAKARTA GENERAL Try Sutrisno was sworn in as Indonesia's new Vice-President late last night, marking the start of the country's preparation for the postSuharto era.
      539 words
    • Article
      Lock icon Indonesia confident of higher non-oil exports
      337 3 Reuter JAKARTA Indonesia's top economic minister says non-oil exports should jump again in the coming year in spite of the economic woes of a number of major markets. "By next year we hope we will be able to increase (non-oil exports) to around US$37
      Reuter  -  337 words
    • Article
      Lock icon M'sian property consolidating but good buys still available: consultant
      455 3 Bernama KUALA LUMPUR Malaysia's property market will continue to consolidate this year as expected but there will still be good buys for investment purposes if investors look for them selectively, said John Loh, managing director of CH Williams Talhar Wong (CHWTW),
      Bernama  -  455 words
    • Article
      Lock icon Suspected Khmer Rouge massacre
      251 3 AFP PHNOM PENH Suspected Khmer Rouge guerillas attacked a fishing village in northwest Cambodia overnight and massacred 33 ethnic Vietnamese civilians, including seven children and a baby, a UN spokesman said yesterday. The massacre was the largest yet reported by the United Nations since UN peacekeepers
      AFP  -  251 words
    • Article
      Lock icon Tokyo to lend Manila 72b yen for infrastructure projects
      221 3 Reuter AFP TOKYO Japan will lend the Philippines 72.16 billion yen (Ssl billion) to help fund infrastructure projects, the Foreign Ministry said yesterday. Prime Minister Kiichi Miyazawa announced the decision at a meeting with Philippine President Fidel Ramos. who is half-way
      Reuter; AFP  -  221 words
    • Article, Illustration
      President pledges to close class gap in Indon society
      551 3 JAKARTA President Suharto, who has come under attack for the widening gap between the lower and middle classes, pledged yesterday to start levelling Indonesian society during his new term. In an acceptance speech after he was sworn in for a record
      551 words
    • Article
      Aussie group bags A$1b deal for Laos hydro-electric plant
      281 3  -  From Florence Chong in SYDNEY AN AUSTRALIAN group has won the right to build a Aslbillion (SSL 16 billion) hydroelectric power station project in Laos. The Transmec group comprising Sydney-based engineering group Transfield and the Snowy Mountains Engineering Corporation (SMEC) signed
      281 words
    • Article
      Lock icon Thailand plans to liberalise car assembly industry: reports
      249 3 AFP BANGKOK Thailand plans to liberalise its car assembly industry to promote more competition and attract new investment, news reports said yesterday. The proposal would allow new assembly plants to open and would remove all limits on the models that might be
      AFP  -  249 words
    • ASIA NOTES
      • Article
        Lock icon US-Thai military exercise to resume
        69 4 AP BANGKOK The US will resume joint military manoeuvres with Thailand in early May, a US embassy spokesman said yesterday. The annual exercise, code-named obra Gold", had been suspended for the past two years because ot US protests against the Thai military's intervention in politics.
        AP  -  69 words
      • Article
        Lock icon Taiwan reasserts Spratlys claim
        82 4 AP TAIPEI Taiwan has drafted its first ever policy document on the disputed Spratly Islands and other islets in the South China Sea to strengthen its claim over them, officials reported yesterday. The officials said a Cabinet committee on Wednesday approved the policy guidelines which arc
        AP  -  82 words
      • Article, Illustration
        Lock icon Sheer way to win hearts
        37 4 Reuter TOKYO Two Japanese men choosing panties as gifts for their loved ones on White Day (March 14), when men give presents in exchange for what they received on Valentine's Day. Reuter
        Reuter  -  37 words
      • Article
        Lock icon China sets forex priorities
        56 4 Reuter BEIJING China will set guidelines for the use of foreign exchange, targetting as priorities imports of grain, advanced technology, equipment for large and medium-sized state-owned enterprises and the country's key construction projects, Xinhua news agency said. Hard currencies needed by foreign-funded enterprises for normal business
        Reuter  -  56 words
      • Article
        Lock icon Merger of bourses on hold
        76 4 Reuter MANILA Philippine Securities and Exchange Commission (SEC) chairman Rosario Lopez has suspended an order to physically merge Manila's feuding bourses until a meeting of members of the unified exchange is held on March 20. The Makati exchange, which opposes the SEC order to merge
        Reuter  -  76 words
      • Article
        Lock icon PNG opposition leader quits
        35 4 Reuter PORT MORESBY Sir Michael Somare, former prime minister and father of Papua New Guinea's independence, has resigned as opposition leader and leader of the Pangu Pati party he founded. Reuter
        Reuter  -  35 words
    • Article
      Lock icon China's budget deficit set to widen
      520 4 Reuter BLUING Mounting subsidies to prop up socialist industry and runaway investment by local governments are likely to mean another large budget deficit for China this year, economists said yesterday. Beijing would be hardpressed to hold its fiscal deficit for 1992 at the forecast
      Reuter  -  520 words
    • Article
      S'pore is HK's fastest-growing export market
      314 4  -  From Catherine Ong in HONGKONG SINGAPORE is becoming Hongkong's fastest-growing export market, official figures released here show. In January and in the quarter leading up to it, Singapore's appetite for Hongkong goods grew most rapidly among the territory's top 10 trading partners. January's strong
      314 words
    • Article, Illustration
      Lock icon Dalai Lama sceptical of Chinese plans for Tibet economic zone
      278 4 AFP NEW DELHI The Dalai Lama has welcomed China's recent designation of Tibet as a "special economic zone" but expressed scepticism about Chinese intentions. "China's recent announcement of turning the so-called Tibet Autonomous Region into a special economic zone is.
      AFP  -  278 words
    • Article
      Lock icon Seoul to lift ban on travel to rival North Korea for businessmen
      285 4 AP SEOUL South Korea soon will lift a ban on travel by its businessmen to rival North Korea to discuss investment there, government officials said yesterday. The move is in line with a new policy of the two-week-old
      AP  -  285 words
    • Article, Illustration
      War games go on amid criticism
      128 4 YIPO, South Korea Korean combat engineers getting ready yesterday to build a bridge across the southern Ilan River, about 90 km south-east of Seoul, as part of the Team Spirit military exercise being held here with US forces. The exercise has come under attack
      128 words
    • Article
      Lock icon HK airport plan still on track, but delays loom
      141 4 AFP HONGKONG Construction of Hongkong's new airport is still on schedule, but upcoming contracts risk being delayed if China's approval for financing arrangements is late in coming, according to government officials. The baseline of awards for all contracts is still being
      AFP  -  141 words
    • Article
      Lock icon Phone-in show that exposes makers of shoddy products
      309 4 Beijing goes on air to get manufacturers to shape up Reuter BEIJING Chinese consumers will sound off on shoddy produets and expose the culprits who made them on a rare phone-in television show, giving citizens an unusual chance to air complaints publicly.
      Reuter  -  309 words
    • Article
      Labor govt suffers poll setback as Aussie unemployment rises
      396 5  -  From Florence Chong in SYDNEY TWO DAYS before Australia's general election, the Labor government has suffered a setback with a rise in unemployment. Figures released yesterday show that unemployment in February was 1.052.800 up 35,000 on January 's figure. The jobless
      396 words
    • Article, Illustration
      Lock icon Sri Lankan president hits back at the media
      543 5 Reuter COLOMBO Stung by growing newspaper criticism of his rule and the government's administration. Sri Lankan President Ranasinghe Premadasa is fighting back. He has been criss-crossing the country opening garment factories, one of his pet projects to promote growth, and has used
      Reuter  -  543 words
    • Article
      Lock icon US chip makers cancel 10b yen Japanese orders
      190 5 AFP TOKYO US semiconductor makers last year cancelled orders worth 10 billion yen (about Ssl4o million) from Japanese chip users to meet a sharp rise in US demand for their products, a newspaper said yesterday. The Nikon Keizai Shimbun said actual value
      AFP  -  190 words
    • Article
      Lock icon US-Japan talks to set the tone for critical relationship
      611 5 Reuter WASHINGTON The first high-level meetings between Japan and the new US administration this week will set the tone for a crucial relationship, but there are signs the start may not be a smooth one. There is little evidence President Bill
      Reuter  -  611 words
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      183 3 (ZWmml 1993 American Express Bank Ltd. is pleased to invite entries for its seventh annual international economics and finance essay competition In Memory of Robert Marjolin PRIZES USSW.OOO in awards including the I'SSJS.fMM) Hirst Prize WINNERS from J 5 countries in the first 6 years INDEPENDENT JURY Raymond Harre. Karl
      183 words
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      140 4 UNRIVALLED COMPORT. wmt- -%IB r UNPARALLELED RESULTS. Opening A{ml 1993 Introductory room rates from only KM 150 until June 30, 1993. To make you feel relaxed and productive in the heart of you deserve a hotel that works as hard as you do 7 For more Kuala Lumpur, the Swiss
      140 words
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      119 5 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. lJ 8.V.1 3 ISLE OF MAN a BAHAMAS n JERSEY C 3 BELIZE fl LIBERIA 3 COOK ISLANDS D
      119 words
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      342 5 Profiles of Keating, Hew son, Pg6 FOR THE NEXT 4 DAYS YOU'LL NEED TWO HANDS TO PICK UP THE WORLD'S LIGHTEST COPIER. y ~y~."lv t- J *:A r 1 I 2 *Jl ..mi V f rifelidß FO° i y if jfcr On e hand to carry the Canon FC33O. But
      342 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Will the Aussies tolerate Keating for another term?
      879 6  -  The Australian elections Reports by Florence Chong in SYDNEY ABOUT 48 hours from now, Australian Prime Minister Paul Keating will know just how much the voters dislike him, or whether they will tolerate him for another term because they dislike his Liberal
      879 words
    • Article, Illustration
      Hewson: an anointed leader who wants to kickstart the country
      1087 6 SYDNEY John Robert Hewson. the would-be heir-ap-parent to the highest office in Australia, epitomises the good times and opportunities that earned the nation the label of "The Lucky Country". Born in October 1946 to a working-class family in Beverley Hills
      1,087 words
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      333 6 In a rapidly changing world, we need a new way of staying ahead MONEY&YOU The Future of Business will show you how Last September we took some of the best business minds in Singapore and "flew" them right to the edge. At the end of three and a half days
      333 words
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      341 6 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER OF THE COMPANY ACT, CAP. 50 AND ROWLEY TRADING PTE. LTD. In Members' Voluntary Liquidation NOTICE IS HEREBY GIVEN in pursuant lo Scction 308 of the Companies Act. Cap. 50 that a final general meeting of the abovenamed
      341 words
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      218 6 IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF PETE'S CAR RENTAL PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companiaa Act Cap 50 that a Final Meeting of tha members of the
      218 words
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  • THE WORLD
    • Article
      Lock icon Global arms industry to shrink by 25pc over next 5 years: report
      377 7 Cutback expected to see up to 4m jobs lost AP STOCKHOLM The arms industry will shrink by about 25 per cent worldwide during the next five years, researchers said in a report yesterday. Nevertheless, the weapons business was
      AP  -  377 words
    • Article, Illustration
      Lock icon Shhhhhhhhh
      51 7 Reuter ROME Italian Premier Giuliano Ama to asking for silence during his speech in the Senate on Wednesday after being interrupted by heckling by the opposition. He shouted "shut up. If no one else is going to tell you, I am" when hardline communists chanted demands for his resignation.
      Reuter  -  51 words
    • Article
      Lock icon US-Israel ties look rosy as Clinton gets set to meet Rabin
      579 7 Reuter WASHINGTON After four rough years with George Bush, Israelis and American Jews are smiling again as US President Bill Clinton prepares to meet Israeli Prime Minister Yitzhak Rabin here next Monday. On the surface, US-Israeli ties have seldom
      Reuter  -  579 words
    • Article
      Lock icon Heseltine asked to probe oil film's link to Iraqi nuclear programme
      273 7 FT LONDON British Trade and Industry Secretary Michael Heseltine has been asked to set up an investigation into links between a Gulf-based oil company and the head of Iraq's nuclear weapon's programme. The request was tabled in Parliament on
      FT  -  273 words
    • WORLD WATCH
      • Article
        Lock icon Three more Italian executives arrested
        83 7 AP MILAN Three top managers in Italy's state-controlled energy conglomerate were arrested yesterday in the mushrooming corruption scandal rocking the country's highest political and business circles. Pio Pigorini, Gianni DeH'Orto and RafTaele Santoro were taken into custody two days after the chairman of the Ente
        AP  -  83 words
      • Article
        Lock icon Polish justice minister resigns
        54 7 Reuter WARSAW Polish Justice Minister Zbigniew Dyka resigned yesterday, more than a month after Prime Minister Hanna Suchocka sent him on forced leave. Ms Suchocka, who had accused Mr Dyka of a lack of control over the country's top prosecutors, immediately accepted his resignation, the government
        Reuter  -  54 words
      • Article
        Lock icon Bonn retrieving toxic waste in Romania
        59 7 Reuter BUCHAREST The German government began an unprecedented operation yesterday to retrieve 425 tonnes of German toxic waste dumped illegally in Romania, the Greenpeace international ecology group said. Greenpeace has monitored four chemical waste sites near the central Romanian city of Sibiu since local
        Reuter  -  59 words
      • Article
        Lock icon Iraq pledges to name nuclear suppliers
        58 7 AFP BAGHDAD Iraq has promised to provide a list of its nuclear suppliers within the next two weeks, the head of a UN weapons inspection team said here yesterday. Dimitri Perricos also said his team found dual-use machines that Iraq should have declared because
        AFP  -  58 words
      • Article
        Lock icon Palestinians continue to boycott talks
        96 7 Reuter TUNIS Palestinians have rejected an invitation to multilateral talks as well as to the next round of bilateral Middle East peace talks, a senior PLO official said yesterday. Asked how the deadlock could be overcome, Abu Ala said the US should reach an agreement
        Reuter  -  96 words
    • Article
      Lock icon HK's triad thugs applying to live in Canada: paper
      126 7 AFP TORONTO A secret Canadian government investigation into Hongkong's triad criminal gangs has discovered that more than a dozen of "the world's most ruthless, vicious criminals" have applied to become Canadian immigrants, a newspaper has reported. The Globe and Mail said
      AFP  -  126 words
    • Article
      Lock icon White House links fate of Nafta to side agreements
      461 8 Reuter WASHINGTON The Clinton administration has sought to calm mounting fears about a new trade accord with Mexico and Canada, saying its fate hinges on negotiation of additional agreements to protect workers and the environment. Deputy US Trade Representative Rufus Yerxa
      Reuter  -  461 words
    • Article, Illustration
      Lock icon Clinton unveils plan to ease credit crunch
      452 8 Reuter WASHINGTON US President Bill Clinton, taking aim at the credit crunch that has squeezed America's economic growth, has unveiled measures to make it easier for US banks to lend money to small and medium-sized businesses. The White House hopes the plan will
      Reuter  -  452 words
    • Article
      Lock icon US economic growth continued in early 1993, says Fed report
      270 8 Knight-Ridder WASHINGTON Most Federal Reserve districts have reported that US "economic growth continued" in early 1993. although the economies of California and New England "remained relatively weak", the Fed said on Wednesday in its report on current economic conditions. Most
      Knight-Ridder  -  270 words
    • Article
      Lock icon Bonn unable to bear brunt of restructuring steel industry: minister
      296 8 Reuter BONN German Economics Minister Guentcr Rexrodt, sharply critical of the steel industry and trade unions, has told Parliament that the government could not bear the brunt of the cost of restructuring the sector. The current steel crisis, which has
      Reuter  -  296 words
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      262 7 Your link to industrial growth and investment opportunities in Johor Bahru PHASE ONE first two phases, Taman Perindustrian Cemerlang, a Completed and sold out. light industrial development sprawling over 250 acres, i r— i r FOR SALE NOW. factory/type Cm r n now offers you the opportunity to purchase a
      262 words
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      249 8 uujHiii print speed. HP DeskJet 500 printer now that we've I put it within everyone's reach. I V J At a special price of just $549, the compact I V HP DeskJet 500 printer can liven up any I I I document with its 300 dpi printing. I I\l L
      249 words
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      92 8 Canadian International I School (Singapore) I Mrs. Kaye Hanson, consultant to I I the Canadian International School I will be conducting I I a seminar to introduce the I I Ontario Primary Programme, I I scheduled to commence in Sept 93 I I The seminar will be held on I
      92 words
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  • COMPANIES & MARKETS
    • Article
      FCC plans to bring in $202 m for property projects
      489 9  -  Fund-raising by two listed companies By Magdalene Ng SINGAPORE Aggressive First Capital Corporation will tap the market for up to $202 million to finance various property development projects. FCC said yesterday that it was proposing a one-for-four rights issue at
      489 words
    • Article, Illustration
      L&M Group to tap market for $10.6 m through 6.6 m share placement
      476 9  -  By Sylvia Wong SINGAPORE Specialist contractor L&M Group Investments Ltd has announced a private share placement of 6.6 million shares to raise $10.6 million that is likely to come in handy in its expansion abroad. The shares,
      476 words
    • Article
      SML to buy a third of S'pore Offshore Petroleum
      356 9  -  By Dexter Lee SINGAPORE Marinebased Sembawang Maritime Ltd yesterday agreed to buy a one-third share in Singapore Offshore Petroleum Services Pte Ltd (Sops) for $12.6 million cash, a move that will boost SML's 1993 earnings. The Sembawang Group member will pay
      356 words
    • Article
      KL market sees a new phenomenon — the Hari Raya rally
      470 9  - KL market sees a new phenomenon the Hari Raya rally HOCK LOCK SIEW By Leslie Lopez KUALA LUMPUR Something strange is happening on the Kuala Lumpur Stoek Exchange (KLSE). In the past, the KLSE would go through a traditional Chinese New Year rally a spell of healthy speculative trading before
      470 words
    • Article
      QAF to set up two bakeries in Malaysia and Thailand
      333 9  -  By Genevieve Cua SINGAPORE Food group QAF Ltd will open two new bakeries in Malaysia and Thailand as part of its aggressive efforts to expand the market share of its flagship Gardenia bread. In a meeting with analysts yesterday. QAF
      333 words
    • Article
      Jurong Shipyard profits rise 9pc to $68m despite lower turnover
      419 9  -  By Rahita Elias SINGAPORE Jurong Shipyard Ltd lifted net earnings 9 per cent last year to S6B million, despite a 14 per cent fall in turnover to nearly $380 million. Chairman Lua Cheng Eng. announcing the results yesterday, said: "1991
      419 words
    • Article, Illustration
      Lock icon SUMMARY
      364 9 Source: Bridge Info Performance of STII's index stocks Mar 11 Last Sense Index Slock vale (hp factor Rioters (S> S S Am mo 1 *10 -0 040 1 58 42 II &< 7 KIO -0.200 5 89 210 53 (Vrcbos 5200 0 100 4 ***** 26 l&.N 12 500
      Source: Bridge Info  -  364 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          OUS posts 10pc fall in net profit
          112 10 SINGAPORE Overseas Union Securities Ltd's (OUS) net earnings for 1992 fell 10.2 per cent to $965,000 from the previous year due to lower interest and dividend income. However, the group's net tangible assets per share improved 2.2 per cent to $2.75 from $2.69,
          112 words
        • Article
          Lock icon Surge in Rashid Hussain shares
          77 10 Reuter KUALA LUMPUR Speculators yesterday zoomed in on Malaysia's top stockbroker Rashid Hussain Bhd, punting on a rumour that a major shareholder was selling out. and driving its shares up by as much as 30 per cent. But some analysts say the price jump could
          Reuter  -  77 words
        • Article
          Lock icon Boustead's pre-tax profit up 6pc
          68 10 Bernama KUALA LUMPUR Boustead Holdings Bhd yesterday reported a 6 per cent rise in group pre-tax profit to M 528.65 million (SslB.l million) for the half year ended Dec 31, 1992, from M 527.13 million previously. Turnover rose 13 per cent to M 5205.3 million.
          Bernama  -  68 words
      • Article
        KL container company buys 20pc stake in Inno-Pacific
        414 10  -  Shapadu Kotena plans major revamp to turn the group around By William Chia SINGAPORE Listed Malaysian container company Shapadu Kotena Bhd has acquired a 20.1 per cent stake in Inno-Pacific Holdings and proposed a major restructure to turn around the troubled group.
        414 words
      • Article
        CDL Hotels posts 85pc profit jump
        244 10 SINGAPORE CDL Hotels International Ltd's 1992 earnings jumped 84.8 per cent to HK5149.22 million (5531.8 million) and it is rewarding shareholders with a one-for-10 bonus issue. The hotel subsidiary of Singapore property giant City Developments Ltd recorded a turnover of HKSI.O9 billion for the
        244 words
      • Article
        Major board changes expected at Astra meeting
        396 10  -  From Maggie Ford in JAKARTA SWEEPING changes are expected to be made to the board of PT Astra International. the giant listed Indonesian motor manufacturer, at a shareholders' meeting today. The company acquired a range of new shareholders in February after its founder
        396 words
      • Article, Illustration
        A year of nightmares for biscuit king
        725 10  -  Rajan Pillai and his empire By Salil Tripathi SINGAPORE For Rajan Pillai, annus horribilis has not yet ended. The 46-year-old Indian entrepreneur, who built a SS7OO million biscuit empire across Asia, is defending lawsuits in Britain, India and Singapore which aim to deprive
        725 words
      • Article
        F&N unit, Thai firm in Indochina venture
        127 10 SINGAPORE Frascr Neave Coca-Cola, a subsidiary of the F&N group, has teamed up with a major Thai soft drink manufacturer to develop the Indochina beverage market. Providing the Thai connection in the Hongkong-regis-tered joint venture is Thai Pure Drinks Ltd. An agreement was
        127 words
      • Article
        UNIT TRUSTS & FUNDS
        481 10 UNIT TRUSTS FUNDS Managers' prices Mar 12 Prudential Singapore Unit Trust PniLink Mgd Fund 10 7 in The commcucc 12* i3$ MARA-Bumiputra The Saving* Fund 110 I I6sd First Bputra 160 165 Spore PiugFund 0 5: 0 55 Second B putra 169 I 74cd Spore Set. Fund 0 84 0
        481 words
      • Article
        DIVIDENDS ANNOUNCED
        466 10 Payment Ex Books Pay (S) dale close date Avimo 20* F I2.5TE Feb 17 Mar I Apr 15 BAT 21' F 114.2 Mar 23 Mar 29 Apr 6 Berja>a Group I 4 Mar 18 Apr 2 Apr 15 Bcrjaya Ind I 3 Mar 4 Mar 18 Apr 8
        466 words
      • Article
        Lock icon Cathay says January strike may hit 1993 results
        492 11 Lower taxes enabled 1992 profit to raise I.9pc to HKs3b Bloomberg Business News HONGKONG The colony's international airline Cathay Pacific Airways has warned that 1993 will be more difficult than 1992 following the strike by its flight attendants in January. In a
        Bloomberg Business News  -  492 words
      • Article
        Lock icon EVA Airways suffered NT$1b loss in 1992
        226 11 AFP TAIPEI Taiwan's privateowned EVA Airways Corp registered a NTS 1.19 billion (5574.9 million) loss in 1992, compared to NT$2 billion in losses the year before, company officials said yesterday. EVA, an affiliate of the Taipei-based Evergreen shipping conglomerate which runs the world's
        AFP  -  226 words
      • Article, Illustration
        Lock icon Japanese toilet king wants to flood the world
        597 11 Reuter KITAKYUSHU, Japan Japan's top maker of toilets and baths wants to flood the world with its high-tech products and quadruple overseas sales by the year 2000. Toto Ltd is a household name in Japan for its humble urinals and for space-age
        Reuter  -  597 words
      • Article
        Lock icon Rolls-Royce to axe 5,000 aeroengine jobs
        243 11 Reuter LONDON British aeroengine maker Rolls-Royce pic said yesterday it will cut 5,000 jobs over the next two years from its current workforce of around 52,000 because of weak markets for its products. It said yesterday that 3,000 jobs will be eliminated this year
        Reuter  -  243 words
      • Article
        Lock icon First Pacific eyeing opportunities in Subic
        169 11 AFP MANILA Hongkong-based investment group First Pacific Co Ltd is looking at possible investment opportunities in Subic Base, the giant naval facility vacated by US troops last year, a senior company official said yesterday. First Pacific was also keen on investing in a power
        AFP  -  169 words
      • Article
        Lock icon Glaxo defends pricing policy
        184 11 Reuter LONDON British pharmaceutical giant Glaxo Holdings pic, renowned for its premium pricing, has vigorously defended its charges which it says are needed to £over its substantial risks. Executive director Franz Humer told a conference earlier this week that it now cost an average of £130
        Reuter  -  184 words
      • Article
        Lock icon Sumitomo to cut workforce by 3,000 over three years
        396 11 AFP TOKYO Japan's Sumitomo Metal Industries Ltd yesterday announced it would cut its workforce by 3,000 employees or 14 per cent over the next three years, while other steel makers signalled they would follow through. The announcement came one day after
        AFP  -  396 words
      • Article
        Lee Ming Tee's Allied Group plans to develop three projects in China
        281 11  -  By Yong Row Ang SINGAPORE Lee Ming Tee's Allied Group is planning to develop three massive commercial projects in China's Dalian city the US$lOO million (SSI64 million) Dalian First Financial Centre, the 350-million renminbi (5599.2 million) Dalian Allied
        281 words
      • Article
        Lock icon Toyota may make Lexus cars in US
        97 11 Bloomberg Business News CHICAGO The Lexus luxury division of Toyota Motor Sales USA Inc may look at the idea of building vehicles in the US. although probably not before the year 2000. said general manager George Borst. The head of the Lexus unit
        Bloomberg Business News  -  97 words
      • COMPANY BRIEFS
        • Article
          Lock icon Daiwa to open branch in S Korea
          67 11 AFP TOKYO Daiwa Securities Co Ltd will be Japan's first securities company to open a branch office in South Korea next 1 uesday, a company spokesman said yesterday. Daiwa. one of Japan's Big Four brokerage houses, obtained a licence on Wednesday to set
          AFP  -  67 words
        • Article
          Lock icon Pohang honorary chairman steps down
          96 11 AFP SEOUL Park I"ae Joon has resigned as honorary chairman of the company he founded. South Korea's Pohang Iron and Steel Co, the world's third largest steelmaker, a company spokesman said yesterday. The spokesman said Mr Park, who left for Japan for medical treatment on
          AFP  -  96 words
        • Article, Illustration
          Lock icon Chung returns to Hyundai
          100 11 AFP SEOUL Chung Ju Yung (right) returned to work as honorary chairman of South Korea's mammoth Hyundai business group yesterday after making year-and-a-half-long foray into politics, a spokesman said. The group spokesman said Mr Chung arrived at his office in the Hyundai building in downtown Seoul
          AFP  -  100 words
        • Article
          Lock icon Aussie group's shares surge
          77 11 AFP SYDNEY The share price of Australian tobacco group W D and H O Wills Holdings Ltd surged in trading vesterdav on the strength of its strong 1992 profit result. The price of Wills shares rose 45 cents to finish at A 52.50 on the Australian
          AFP  -  77 words
        • Article
          Lock icon Canon unveils smallest portable fax
          86 11 Bloomberg Business News NEW YORK Canon Inc. Japan's biggest electronic imaging company, has unveiled the world's smallest portable fax machine, an ultra-light portable personal computer and a host of other new products for sale later this year. While the maker of cameras, copiers, computers and
          Bloomberg Business News  -  86 words
    • FINANCE
      • SMALL CHANGE
        • Article
          Lock icon Governor warns PAL over bond float
          98 12 AFP MANILA Central bank governor Jose Cuisia yesterday cautioned recently-privatised Philippine Airlines (PAL) to delay a US$6O million (5597.8 million) bond float until it settles its plans for reflecting. Mr Cuisia. who represents government shares on the PAL board, said the flag carrier "should
          AFP  -  98 words
        • Article
          Lock icon Broker seeks Philippine business
          75 12 Knight-Ridder MANILA Japanese futures broker Okato Shoji Co Ltd is exploring business prospects in the Philippines, meeting local counterparts and the Manila International Futures Exchange, a company official said. Tokyo-based Okato Shoji is interested in linking up with a Philippine commodities broker or setting up a
          Knight-Ridder  -  75 words
        • Article
          Lock icon Call to broaden Japanese bonds
          93 12 Reuter TOKYO Japan should consider revising its public finance laws to broaden the use of funds raised by construction bonds, a senior ruling Liberal Democratic Party official was quoted as saying. Hiroshi Mitsuzuka, chairman of the LDP's policy affairs research council, was quoted as saying
          Reuter  -  93 words
        • Article
          Lock icon Pass Go, collect NZ$151
          106 12 Reuter WELLINGTON A red-faced New Zealand bank has given up trying to retrieve the money it gave a 13-year-old boy in exchange for 10,000 yen in Monopoly money. Lance Aukett of Pouto, 100 km north of Auckland, found a 10,000-yen note in a box of schoolbooks
          Reuter  -  106 words
        • Article
          Lock icon BoA gets Hanoi licence
          101 12 Reuter HANOI Bank of America has received a licence to open an office in Vietnam, the first issued by Vietnam to a US bank since the end of the Vietnam War. The San Francisco-based bank, which closed its Saigon branch when the city fell to communist
          Reuter  -  101 words
      • Article
        DBS Bank sponsors financial research
        219 12 SINGAPORE DBS Bank will spend more than $200,000 over the next two years to sponsor research at the Nanyang Technological Institute in financial products and services. The research will be done at the institute's Centre for Research in Financial Services, according to an agreement signed
        219 words
      • Article
        Simex to introduce HK futures contract this month
        401 12  -  Exchange to impose a position limit of 500 contracts By Quak Hiang Whai SINGAPORE A Hongkong stock index futures contract will be introduced by the Singapore International Monetary Exchange (Simex) this month, industry sources say. The contract, to be known as Simex
        401 words
      • Article, Illustration
        Lock icon China vows to go all out to stem sharp slide in renminbi
        660 12 Reuter BEIJING China vowed yesterday to use all means necessary to stem the slide in its currency, which has lost onethird of its value in the past year on swap markets. "The sharp depression of the RMB (renminbi,
        Reuter; Source: Bloomberg  -  660 words
      • Article
        UOB to build US$20m office block in Beijing
        226 12  -  By Sylvia Wong SINGAPORE The United Overseas Bank group has made another investment in China, this time by taking a majority stake in a US$2O million (5532.8 million) office block. Lianhc Zaobao said yesterday that the bank signed a memorandum of understanding
        226 words
      • Article
        Simex fines OCBC unit $80,000 for trading violations
        337 12  -  By Quak Hiang Whai SINGAPORE The Singapore International Monetary Exchange (Simex) has fined OCBC Bullion Futures Ltd 580.000 for trading violations. Simex also suspended two of OCBC Bullion's floor traders and a non-clearing individual member, known as a local, for violating trading
        337 words
      • Article
        Lock icon Thai firm to repay First City's debts
        126 12 Reuter BANGKOK The Thai banking institution which agreed to rescue ailing First City Investment said it was prepared to pay what the finance firm owed to depositors when the firm reopens on April 1. The Industrial Finance Corp of Thailand, which will send
        Reuter  -  126 words
      • Article
        Lock icon HK seeks to make Exchange Fund more active
        353 12 Reuter HONGKONG The embryo Hongkong Monetary Authority (HKMA) is reviewing the investment approach of the Exchange Fund and will gradually make it more active, the chief executive (designate) of the authority, Joseph Yam, said. "I am not saying that we should be
        Reuter  -  353 words
      • Article, Illustration
        Lock icon Wall St optimistic about Primerica
        596 12 Analysts believe stock's value will rise with Shearson takeover NYT NEW YORK Even before Primerica Coip disclosed its plans to acquire the Shearson brokerage business, it was well advanced in its transformation from a sleepy Baltimore-based consumer-lender into a highly profitable company involved in securities,
        NYT; Reuter  -  596 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon New EC environment laws will boost platinum demand
        635 13 West European auto catalyst demand to rise by about 110,000 ounces Reuter LONDON Platinum, a key metal in automotive catalytic converters, should be able to shake ofT an expected slump in West European car sales this year as demand rises under new
        Reuter  -  635 words
      • Article, Illustration
        Lock icon China's gold coast hopes to avoid prospecting rush
        213 13 Reuter YANTAI, China Here in the heart of China's "gold coast", officials are hoping they can avoid another Californiastyle rush, with peasants and private entrepreneurs trying to strip the land of its wealth. Yantai, in Shandong province on the east coast, produces
        Reuter  -  213 words
      • Article
        Russia to revamp diamond trading operations
        542 13  -  From John Helmer in MOSCOW RUSSIA'S diamond trading operations will be reorganised soon, but domestic prices will remain under tight control and will not be allowed to be driven upwards by market forces. A senior official in the diamond industry told Business Times that
        542 words
      • Article
        Lock icon Philippine coconut industry struggles to survive
        507 13 Reuter MANILA The Philippines, the world's largest coconut producer, is facing a tough time reviving an industry plagued by falling productivity and stiffening competition from Indonesia. Malaysia and Vietnam. "Production is stagnant and even going down." said Virgilio David, head of the Philippine Coconut
        Reuter  -  507 words
      • Article
        Crude oil futures end lower after wild price swings
        345 13 Bloomberg ENERGY REPORT NEW YORK Crude closed lower on Wednesday in volatile trading as commodity fund traders, who tend to focus on technical analysis, ignored figures that showed shrinking supplies for distillate fuel in the US. brokers said. In its weekly
        345 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        136 13 Trading was choppy and nervous yesterday amidst concerns over Russian political stability. The day started quietly till a late morning report broke that Russian President Boris Yeltsin was in danger of being ousted. The dollar was up on this news, but .later suc- cumbed to
        136 words
      • Article
        Lock icon London
        190 13 Reuter LONDON Mixed US economic data halted a dollar rally yesterday after it soared to an 11-month high against the mark over worries about the political survival of Russian President Boris Yeltsin. The dollar, traditionally a safe haven in times of crisis, changed hands at 1.6698 marks in late
        Reuter  -  190 words
      • Article
        Lock icon New York
        83 13 AFP NEW YORK The dollar drifted aimlessly in early New York trading yesterday, rising against the major European currencies except the Swiss franc, and edging downward against the yen in quiet trading. At 9:15 am (1515 GMT), the US currency was trading at 1.6680 German marks, up slightly
        AFP  -  83 words
      • Article, Illustration
        Untitled
        1607 13 IraJe-mafhiaJ tndrx tuUulan-J axantst S'piwt'\ lup 14 IraJint [tailin g tor nur /W US$/S$ forward rates Noon Mar 11 s$ Bid Offer 1-month I 6457 ***** 2-month 1.6440 I.64SS Vmonlh 1.6427 1.6442 6-month ***** Souixf (M m Source: OCBC FOREIGN CURRENCY NOTE RATES At at lOaai yesterday; Singapore dollars lo
        1,607 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Nikkei futures firmer, Eurodollars recover
        1506 14 SIMEX REPORT Reuter SINGAPORE Simex Nikkei stock index futures finished firmer but off session highs on profit-taking. Rumours that Russian President Boris Yeltsin may be ousted also caused the market to give up much of its earlier gains. Contracts started firmer and inched up to
        Reuter  -  1,506 words
      • Article
        Large offerings by miners take KL tin 20 sen lower
        976 14 COMMODITIES REPORT Tin TIN price on the Kuala Lumpur Tin Market retreated to close 20 sen lower at MS 14.50 per kg on large offerings by miners yesterday. The market turned easier after Wednesday's steadier close as buyers were reluctant
        976 words
    • Article
      COMMODITY PRICES
      1750 14 Rubber Mar 11 HAS Cow in MKfity Excha lift (fat ares cWt iktg as at lpaO HAS (physical prices) RSS I Contract (S cents/kg) Buyers 3aHjri Close Volume Open As at iz aaaa to tentv Kg; Month High Low Sett (tonnes) Interest RSS 2 Apr 93 135.00 136.00N
      1,750 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1025 15 13.7 SIIARLS closed higher as investors saw a rise in unemployment as lifting the prospect of an opposition win in tomorrow's federal election. The All Ordinaries closed 13.7 points up at 1.661.1. The All Industrials rallied 18.4 to 2,614.1 while the All Resources rose 10.1 to 932.0. Turnover was
        1,025 words
      • Article
        Manila
        571 15 -26.09 SHARE prices closed lower in an expected correction after weeks of advance but analysts say that the market remains fundamentally strong. The Manila Composite Index fell 26.09 points to close at 1,503.73, due mainly to the drop in the commercial index, which in turn was traced to the
        571 words
      • Article
        Taipei
        611 15 144.98 LATE buying of financial stocks pushed prices up to a sharply higher close in a technical rebound after heavy profit-taking early this week. The Weighted Index ended 144.98 points up at 4,619.38. Turnover was an active NT565.2 billion. Buying was cautious in early trade but waves of bargainhunting
        611 words
      • Article
        Bombay
        83 15 -49.81 SHARE prices fell further under continued selling pressure in moderate trading restricted to one hour, brokers said. The 30-share BSE Index plunged 49.81 points to 2,287.15 after opening at 2,326.20. The National Index fell 13.11 to 1,048.25. Share prices had been falling at a fast pace since the
        83 words
      • Article
        Seoul
        392 15 -10.97 INVESTORS went on a selling spree as gloom over a quick recovery in the wobbly market put further pressure on alreadylow sentiment, brokers said. They forecast the market would languish in the doldrums for the time being but some expect a mild rebound today. A sell-oIT emerged across
        392 words
      • Article
        New Zealand
        301 15 1.54 SIIARLS ended sedately in llat trade, brokers said. The NZSE--40 Capital Index closed at 1,584.11, up 1.54 points. "1 think things are pretty much holding even at the moment," said one dealer. "I think it's going to continue to be dominated by offshore business and I guess
        301 words
    • WORLD STOCK MARKETS
      • Article
        London
        597 15 -3.3 Shares prices ended an active session mostly easier but above the lows yesterday. mirroring Glaxo's performance after the surprise resignation of chief executive Emest Mario. The FTSE-100 index closed 3.3 points off at 2.953.4 after a low of 2.942.7. Gainers led losers by 57 to 37. Volume was
        597 words
      • Article
        Paris
        139 15 •3.48 French stocks closed a touch lower as investors concentrated on individual stocks rather than on the prospect of lower interest rates, traders said. The CAC-40 index of blue chip stocks closed 3.48 points lower at 1.988.94. The index had opened at 1993.01. Traders said investors on the whole
        139 words
      • Article
        Frankfurt
        209 15 +7.72 German stocks rose yesterday. led by strong buying of banks and insurance shares, traders said. The DAX index of 30 blue chip shares closed at 1,717.40. up 7.72 point, or 0.45 per cent. The intraday high was 1.718.21, the low 1.705.03. There were 17 advancing stocks and 13
        209 words
      • Article
        Stockholm
        99 15 unav Political shocks and several worse-than-expected 1992 results pulled many Swedish stocks lower yesterday, while a handful of steadying blue-chips tugged indices back upwards, bringing the market to a mixed close. N The top-16 index closed fractionally higher at 1051.46 points, with heavyweights Astra and Ericsson the main gainers.
        99 words
      • Article
        Brussels
        153 15 -3.31 A lower opening on Wall Street accelerated profit-tak-ing and pushed Belgian shares down in the last 30 minutes of trade yesterday. "The lower opening on Wall Street was the excuse most traders were waiting for to take some of their profits," one trader said. He added this proved
        153 words
      • Article
        Milan
        157 15 +0.79pc Prices edged higher in technical trade before the end of the March account next Monday and dealers said the latest wave of corruption probe arrests made little impact. Many options were taken up on expiry yesterday in anticipation of further gains. "The arrests might have contributed to pushing
        157 words
      • Article
        Amsterdam
        239 15 +0.55 Dutch stocks closed at an all-time high of 318.86 as Wednesday's announcement of interest rate cuts, effective yesterday, spurred more buying, traders said. The last record high was 318.56, reached on June 2, 1992. Dutch shares have finished higher for eight trading days in a row. However, yesterday's
        239 words
      • Article
        Zurich
        235 15 +4 Swiss shares closed a quiet day slightly firmer at a new record closing high yesterday. though below the day's peak levels. The broad SPI index closed for the third day running at a new record high, finished at 1.324.2, four higher than Wednesday's closing. Pharmaceuticals gained most as
        235 words
      • Article
        Johannesburg
        335 15 +9 South African gold shares were given a boost by continued weakness in the commercial rand yesterday as investors looked to strong first quarter results from local mines when they report next month, dealers said. Economists expect the 4 per cent fall in the rand/dollar exchange rate so far
        335 words
      • Article
        Toronto
        255 15 -1.22 Stocks finished weaker on Wednesday, ending a sixday winning streak as profittaking and weakness in gold shares pressured the market, dealers said. Eight of the TSE's 14 indices ended softer. Gaining groups were led by the communications and media group. The TSE-300 Index fell 1.22 points or 0.03
        255 words
      • Article
        New York
        628 15 +6.22 After three consecutive record setting days. Wall Street was down slightly yesterdav on an announcement that first time claims for US unemployment rose 25.000 to 376,000 in the week ended Feb 27. At 11 am (1600 GMT), the Dow Jones Industrial Index was down 5.43 points, 0.16
        628 words
      • Article
        Untitled
        740 15 Britannia Funds Sterling C ash Bid Offer Mim Cap Deposit JK-MOO W4">00 Mim Jerses C.ill ""0.1914 "0:014 Mim Mav Income »l OlltW IM00 I S$ C«sh Income Plus Fund 10 1200 10 MOO PS Reserse Fund 5 1900 5 20t« Sterling Kquits Euro Performance 0 4673 0 50"? Far East
        740 words
    • Article, Illustration
      Lock icon HONGKONG
      3070 16 THE stock market recovered part of its morning losses on news that Hongkong Governor Chris Patten had postponed a question-and-answer session with the territory's Legislative Council. Mr Patten's move came after the Hongkong government announced that the British Embassy in Beijing had received a "communication" from China on negotiations
      Source: Bridge Info  -  3,070 words
    • Article, Illustration
      CHINA
      455 16 THE Shanghai A market's recovery continued tor the second day. The CLSA Shanghai A Index soared 505.64 points to 8,383.73, with a reasonable turnover of about 42 million shares. The domestic market was buoyed by a rumour that four listed companies are to disclose their results tomorrow. The B
      455 words
    • Article, Illustration
      Lock icon TOKYO
      2512 16 Reuter STOCKS ended slightly firmer in seesaw trade, with the Nikkei rising for the fifth consecutive day. Sentiment stayed bullish on a growing feeling that the market had hit bottom and rumours that Russian President Boris Yeltsin was politically in danger had only a limited impact. "The Yeltsin rumour
      Reuter; Source: Bridge Info  -  2,512 words
    • Article, Illustration
      Lock icon BANGKOK
      1856 16 AFP Reuter SHARE prices slipped in thin trading yesterday due to prof-it-taking. The Stock Exchange of Thailand Index, which shot up 16.36 points on Wednesday, closed down 3.31 points at 896.76. Volume was 3.3 billion baht. down from 3.5 billion baht on Wednesday. Gainers led losers by 143 to
      AFP; Reuter; Source: Bridge Info  -  1,856 words
    • Article, Illustration
      Lock icon JAKARTA
      894 16 Reuter STOCKS rallied in active early trade, with textile producers Pan Brothers leading the way. "Investors are looking for Pan Brothers and banking shares although no significant deals have been concluded so far." one broker said. "The market looks set for another long rally." Pan Brothers traded 216.500 shares
      Reuter; Source: Bridge Info  -  894 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2704 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Multipurpose 11.526.000 Kcnong Bhd MV 7.42«.OHO Mctroplc* MV Ind (H>gcn MV 6.116.(11)1) Idns Hvd MV V M6.000 kamunting MX' 5.181.000 I ongkah Hldg-> 4.75K.U00 < icncral «wp .VJ50.000 Mcnangtorp VMO.OOO loth tomwi V000 Fahcr(iroup UJ7.000 Hcnava Group 2.006.000 (ill.
      Source: Bridge Info  -  2,704 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stock prices finish lower in heavy trade
        5309 17 Bernama KUALA LUMPUR Share prices finished lower in active trading here yesterday as situational and second liner counters came under profit-taking activity. Turnover was estimated at 438 million shares valued at MS9OO million. At the close, losers led gainers by 203 to 84
        Bernama; Source: Bridge Info  -  5,309 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Speculative trade spills over to local lower-liners
        1105 18  -  By Dawn Tan SINGAPORE Speculative interest in Malaysian counters spilled over to Singapore lower-liners yesterday in moderate trading. But buying was selective as interest was "centred on cheaper-priced Singapore shares", said one broker. Rumour-driven Malaysian spcculatives still accounted for much of yesterday's trade.
        Source: Bridge Info  -  1,105 words
      • Article, Illustration
        Lock icon Guthrie GTS Ltd
        70 18  -  HOT STOCK Paul Leo BUY Guthrie GTS Ltd's warrant at 24 cents as it is expected to double to 50 cents in the medium term. A convergence pattern declining prices with rising RSI on the weekly charts supports the bullish view. Resistance at 27 cents is unlikely
        SOURCE: BRIDGE INFO  -  70 words
      • Article
        Untitled
        5924 18 MAIN BOARD Gr Gr 1992/93 Last Vol Day Last Uwk DK NilV M« M Cap High Low Company Sale (WW) High Low Bayer SeUcr S Or S P/fc Smil INDUSTRIAL AND COMMERCIAL 402 170 Acma 376 -6 IMS 402 366 378 380 12.2 2.1 3.2 21.7 232.3 220 210 s
        5,924 words
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      Page 9 Advertisements Column 1
      354 9 THE WINNING EDGE IN-DEPTH l s 'oks. BUSINESS mWff 11 ITT TAN ¥7 or over two decades Singapore Business has covered IVI L \\l W -T the local and regional business scenes with more depth I j y y ij and breadth from a perspective which is more relevant to
      354 words
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      636 10 Jurong Shipyard Limited (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Directors of Jurong Shipyard Limited announce the following unaudited results of the Company and the Group for the year ended 31 December 1992: The Company The Group 1992 1991 1992 1991 $'000 $'000 Change $'000 $'000 Change Turnover 360,939
      636 words
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      84 11 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX.734 3698 You can do so many things with the help of The Straits Times Classified, like: Buy a home Find a job Get a car Rentacar Sell your bicycle Hire a painter Purchase a washing machine Locate your lost pet Announce a
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      305 11 M THE MATTER OF THE COUP AMES ACT, CAP. SO OTAXS TRAMNG COl PTE. LTD. feVeiiflitoyU*M»tiea| At an Extraordinary General Meeting of the members of OTAXS TRADING CO. PTE. LTD. duly convened and held at 29 HuaGuan Crescert, Singapore 2158 on fa 11 (tayofMarchl993.*» Mowing Special Resolution were diiy parted
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      39 12 The Attention Seeker o aims for the right media arid the right company. Classified the people finder. THE STRAITS TIMES THE SUNDAY TIMES BUSINESS TIMES THE NEW PAPER UANHE ZAOBAO UANHE WAN RAO SHINMIN DARY BERfTA HARIAN BERfTA MINGGU
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      397 14 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 NOTICE 0 BBMB INTERNATIONAL BANK (L) LIMITED U5550,000,000 Guaranteed Negotiable Floating Rate Certificates of Deposit due 1994 Guaranteed By BANK BUMIPUTRA MALAYSIA BERHAD In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the period
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      23 15 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^
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      63 16 Singapore: THE HOUR GLASS Lucky Plaza Tel. *****20/1 Scotts Tel. *****27/7198 Centrepoint Tel. *****98/603 Peninsula Plaza Tel. *****09/*****63 YZ A \fl\ ;JrX Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 pfck ladoacsia: THE HOUR GLASS (Licensee) Plaza Indonesia. Jakarta Tel. 21-*****6/*****1 Malaysia: THE HOUR GLASS Lot 10 Centre, Kuala Lumpur Tel.
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      63 18 Singapore: THE HOUR GLASS Lucky Plaza Tel. *****20/1 Scotts Tel. *****27/7198 %/wM W Centrepoint Tel. *****98/603 •Peninsula Plaza Tel. *****09/*****63 ZA JyJU.AI Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 Indonesia: THE HOUR GLASS (Licensee) Plaza Indonesia, Jakarta Tel. 21-*****6/*****1 Malaysia: THE HOUR GLASS* Lot 10 Centre. Kuala Lumpur Tel. 03-*****20/932
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  • SPORTS
    • Article, Illustration
      Lock icon Jack Nicklaus: A golf legend in search of a winning streak
      539 19 Golf AP FORT LAUDERDALE. Florida As the names and numbers changed on Doral's leader board last weekend, the atmosphere of the tournament shifted. "There was a kind of a buzz," Fred Couples said. "There was excitement. You could feel
      AP  -  539 words
    • Article
      Lock icon Ballesteros hopes to revive his game at Baleares Open
      307 19 AP PALMA DE MAJORCA, Spain Defending champion Seve Ballesteros of Spain has returned to one of his favourite tournaments the U*****,000 (*****.000) Baleares Open in an attempt to revive his slumping golf game. Ballesteros will be attempting to win his fourth
      AP  -  307 words
    • Article, Illustration
      Lock icon Akebono prepares for challenge
      532 19 AP TOKYO If the school of hard knocks gave out diplomas. America's Chad Rowan would have earned a PhD for his five-year climb to the top of Japan's ancient sport of sumo. But as the Hawaii-born giant prepares to make his official debut next week as
      AP  -  532 words
    • Article
      Lock icon Track greats among more than 600 to gather for world indoor championships
      446 19 AP TORONTO Mark McKov. Michael Smith and Bruny Surin will have the home-field advantage when some of the world's greatest track and field athletes gather at the Sky Dome for the world indoor championships. More than 600 athletes
      AP  -  446 words
    • SIDE LINES
      • Article
        Lock icon Fishing for top golfers
        82 19 AP HATTIESBURG, Mississippi The Deposit Guaranty Golf Classic, with a small purse and heavy competition from the US Masters, will go fishing for some American PGA Tour professionals. Literally. The tournament, the official PGA Tour event for the week of April 8-11. is in its 26th
        AP  -  82 words
      • Article
        Lock icon Woman makes baseball history
        77 19 AP SAN FRANCISCO The San Francisco Giants made baseball history in the United States by picking a woman public address announcer, ending a search for a new voice to go with the team's new face. Sherry Davis, a legal secretary, will be the first full-time woman
        AP  -  77 words
      • Article, Illustration
        Lock icon All hands on deck
        33 19 Reuter MALMO. Sweden Russian handball player lorgovan (11) in aetion against South Korean defenders Sang Baek (7) and Bum Yon Cho (15) on Wednesday. Russia won the match 33-14.
        Reuter  -  33 words
      • Article
        Lock icon Plan to build Japan's biggest stadium
        70 19 Reuter TOKYO The city of Kawasaki, home to Japan's most popular soccer team. Yomiuri Verdys. plans to build the nation's biggest stadium as a possible venue for the 2002 World Cup, a city official said yesterday. He said the industrial city south-east of Tokyo
        Reuter  -  70 words
      • Article
        Lock icon Gifts for top athletes
        79 19 AP TORONTO Track and field athletes competing in this year's World Outdoor Championships and even the 1996 Olympics could receive gifts totalling CSI million (SSI.3 million) instead of cash prizes, said a source, who asked not to be identified, on Wednesday. If enough sponsors are found
        AP  -  79 words
      • Article
        Lock icon Ben Johnson, football player?
        67 19 Reuter VIENNA Ben Johnson, banned from athletics for life for twice failing a drugs test, may accept an offer to play American football. Johnson said the Canadian Tiger Cats football team in Hamilton wants to sign him. "They've wanted me for five years. 1 think now
        Reuter  -  67 words
      • Article
        Lock icon Uproar over untidy England cricketers
        82 19 AFP LONDON English cricket chiefs spent more time on Wednesday discussing dress sense and a forthcoming tour by Australia than their recent Test whitewash by India. Selectors chairman Ted Dexter said he was particularly concerned with the dishevelled appearance of some England players. Captain Graham
        AFP  -  82 words
      • Article
        Lock icon Atlanta's Olympic stadium gets nod
        61 19 AFP ATLANTA, Georgia Atlanta has been given the green light to build its US$2O7 million Olympic stadium for the 1996 Games. Eleventh-hour concessions from the Atlanta Braves baseball team, who are to occupy the facility after the Games, apparently saved the project. The Braves agreed
        AFP  -  61 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        62 19 Reuter NEW YORK Results of National Basketball Association games played on Wednesday: New York Knicks 110 Los Angeles Lakers 104 Orlando Magic 119 Indiana Pacers 106 Boston Celtics 104 Philadelphia 76ers 100 Denver Nuggets 126 Washington Bullets 112 Portland Trail Blazers 124 Dallas Mavericks 96 Phoenix Suns 111 Golden
        Reuter  -  62 words
      • Article, Illustration
        Lock icon Golf
        215 19 Reuter AFP TOKYO Leading first round scores of the 65 million yen Imperial tournament in Yokoshibamachi on Thursday (Japanese unless stated): 65 Hideyuki Sato 66 Toshiaki Odate 67 Toru Nakayama 68 Hiroshi Makino. David Ishii (US). Yoshitaka Yamamoto. Haruo Yasuda. Rick Gibson (Can). Yutaka Hagawa. Other foreign scores: 69
        Reuter; AFP  -  215 words
      • Article, Illustration
        Lock icon Ice hockey
        42 19 Reuter NEW YORK Results of National Hockey lx>ague games played on Wednesday: Montreal Canadicns 5 New York Islanders 1 Buffalo Sabres 7 Quebec Nordiques 4 Toronto Maple Leafs 5 Hartford Whalers 3 IX'troit Red Wings 6 Edmonton Oilers 3. Reuter
        Reuter  -  42 words
      • Article, Illustration
        Lock icon Handball
        62 19 Reuter STOCKHOLM Results on the second day of the men's world championships on Wednesday: Group A Egy b Cze 21-20: Spn b Austria 22-15 (9-7). Grp B Swi b Fra 26-24 (8-10); Nor drew Rom 15-15 (9-6). Grp D Rus b SKor 33-18 (18-6); Ger drew Den 20-20 (10-11).
        Reuter  -  62 words
      • Article, Illustration
        Lock icon Soccer
        226 19 AFP Reuter Reuter AP SYDNEY Results of matches in the preliminary round in the 7th world youth championship played on Thursday: Group A Russia 3 Colombia I; Australia 0 Cameroon 2. Grp B Germany 1 Uruguay 2; Ghana 2 Portugal 0. Grp C England 1 Turkey 0; South Korea
        AFP; Reuter; AP  -  226 words
      • Article, Illustration
        Lock icon Tennis
        125 19 AP ZARAGOZA, Spain Results on \Vcdncsda> from the third day of the US$ 175,000 Zaragoza Open indoor men's tournament: Singles Results Martin Damm (Cze) b Alex Antonitsch (Austria) 6-2. 6-1; Stephane Simian (Fra 5) b Diego Perez (Uru) 6-3. 2-6. 6-3: Francisco Roig (Spn 7) b Frederic Fontang (Fra)
        AP  -  125 words
  • Page 19 Advertisements
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      87 19 APPRECIATION IE few "y' lyH^f Highest quality oil on canvas reproductions of rtftgraphs and Works of famous paintings by great A.R.T. give interiors the F.uropean Masters: perfect finish. These Monet affordable art replicas add Van (>ogh elegance to Executive p, SS j rr Offices, Boardrooms, Toulouse-Lautrec Foyers. Reception Halls, Renoir
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      Page 19 Advertisements Column 2
      105 19 Made in Germany STOMACH TABLETS Liquirit is an effective German medicine for gastric pain, hyperacidity, indigestion and stomach upset. Liquirit promotes the flow of blood into the mucous membranes of stomach and relieves pain fast. It also reduces stomach acidity. Liquirit can be taken by young and old people. The
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      1115 20 Nothing BeatsA BucL where to wine oine and enterta,n OF Alan Ng, food writer of Lianhe a high tea of distinct difference from those we had tried locally." Why go Penang? Princess Terrace Cafe introduces Penang High Tea with favourites like Penang Laksa, Fried Kway Teow, Bubur Hitam, Ang Ku
      1,115 words
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      Page 20 Advertisements Column 2
      313 20 Fancy Beijing? Then, we're delighted to suggest the Pine Court for a memorable dining experience. Try our Beijing specialities such as Baked Tench, Beijing Duck and Marinated Lamb and our lunch menu of Beijing dian xin. BCCTV To add to your enjoyment, BfilO all these are well within INCj your
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The Japanese role model
      868 21 Author Shoko leda has captured the yearning of modern Japanese women who want to break away from traditional values by living abroad Reuter THE frail-looking 34-year-old beauty has worked as a hostess in a Bangkok bar, cared for American Aids patients and lived in the homes
      Reuter  -  868 words
    • Article
      Lock icon Steinbeck's novels are back in demand
      274 21 Reuter Twenty-five years after his death, Nobel Prize-winning author John Steinbeck is enjoying a resurgence of popularity as the present-day recession and concern for the environment make his work newly relevant. Hundreds of fans turned out last month for a first annual Steinbeck birthday
      Reuter  -  274 words
    • Article, Illustration
      Carlos Menem ordered to pay half of salary to wife
      328 21 CHATTERBOX ARGENTINE PRESIDENT Carlos Menem was ordered on Wednesday to turn half of his monthly salary over to his estranged wife /ulema, who accused him of failing to make support payments. Mrs Menem's attorney. Alejandro Vazquez, said the order to
      328 words
  • Page 21 Advertisements
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      86 21 Cantopoint Plaza .hard road AVAILABLE ONLY I •Poat Office IN SUMIBIAN Hotel 4-1 SOMERSET ROAD Q 4 —PENANG ROAD SINGAPORE i sine: um- ?Tj L J WINSLANO HOUSE z- ttia Business Hours: Lunch 12.00-15.00 ROA EBER Road Dinner 18.30-23.00 Com# 2 Cantra j—ll fl Japan s a restaurant 03)5 U
      86 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      1309 21 TV RADIO Someone to Over P unable from J^Jg tough cop Tom Bcrcngcr m finds a yKwj^B Especially so when par- %r W lltanjH amour (Mimi Rogers) 3 Tsfe^E woman supposed to {fif^H tect. But when the enemy gets M f«9| close, he realises that imK'-^'a^^ may have been so
      1,309 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Lock icon First on the scene
      838 22 Home Box Office plans to capitalise on its pioneer status in Asia, reports R Sivanithy COMPANIFS which have the financial muscle to plunge into uncharted waters can sometimes reap the benefits of being the first in a new market. And US pay TV specialist Home Box
      Photos by Arthur Lee  -  838 words
    • Article
      New dairy products to hit the shelves
      306 22  -  Terence Lim looks at Asia Dairies' plans for the next few months Terence Lim ASIA Dairies is bullish about the Singapore dairy products market. It is planning to launch several new items in the next few months. In fact, Singapore's leading manufacturer of
      306 words
    • Article, Illustration
      Ad agencies' message of peace
      835 23  -  Salil Tripathi on what Bombay's professionals are doing to foster communal harmony Salil Tripathi At first thcv came for the Jews, but I did not protest hecause I was not a Jen Then they came for the trade unionists, and I did not protest because
      835 words
    • COPY LINES
      • Article
        3 get BSB's annual directors' award
        58 23 SINGAPORE Catherine Phua. Hassan Mohammed and June Ng have been awarded the Becker Spielvogel Bates (BSB) Singapore's 1993 Annual Director's Award (ADA). Given to recognise creative leadership, the ADA includes a cash bonus and a certificate. BSB Asia was selected Asian Agency of the
        58 words
      • Article
        Lock icon Lintas hunting for top creatives
        106 23 Advertising Age NEW YORK Lintas is looking for at least two high-level creative members to bolster its relationship with cornerstone clients Coca Cola and IBM. It is reported that executive vicepresident chief creative officer Tony Degregorio is looking for a group head to work immediately
        Advertising Age  -  106 words
      • Article, Illustration
        Pepsi invests in Hungarian soft drinks
        89 23 NEW YORK In another volley in the global cola wars. Pepsi-Cola International said on Tuesday that it would invest more than US$ll5 million (SslB4 million) in a leading Hungarian soft-drink and mineral-water company. David Jones, president of Pep-si-Cola International's Eastern Europe and Central Asia
        89 words
      • Article
        Lock icon J Walter Thompson unit wins account
        62 23 South China Morning Post HONGKONG Enterprise, a division of J Walter Thompson, has been appointed by Chevalier (Telepoint) to handle its HKSIO million (SS2.I million) worth of local advertising. The account, which was previously handled by Ball Euro RSCG, was won in a four-way
        South China Morning Post  -  62 words
      • Article
        Lock icon New director for McCann Direct
        63 23 South China Morning Post HONGKONG Paul Glendinnings has been appointed McCann Direct's director of integrated marketing in a move by the company to strengthen its direct marketing operations in the colony. Mr Glendinnings takes over next month from the current director Mr Mark Kovalevsky, who
        South China Morning Post  -  63 words
  • Page 22 Advertisements
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      659 22 OVERSEAS UNION SECURITIES LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Overseas Union Securities Limited wishes to announce: AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1992 The Group Th# Company Incr/ Incr/ 1992 I—l (Peer) 1992 1991 (Peer) SS'OOO 88*000 STOOO 88*000 Total Income
      659 words
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      Page 22 Advertisements Column 2
      307 22 BUSINESS TIME S TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 HOMELISE TRADING PTE LTD (Incorporated in Singapore) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of HOMELISE TRADNG PTE LTD duly convened and held at 87 Ellington Square Singapore 2056 on the 6th March 1993 the following
      307 words
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      Page 22 Advertisements Column 3
      92 22 I A COLLECTION OF EUROPEAN I ANTIQUE FURNITURE, CLOCKS. I JEWELLERY, PAINTINGS, CURIOS I AND OBJECTS OF ART INCLUDING: I World War II Mantle Radios I ART DECO Figurines and Lamps I French Gilt Furniture I Walnut Pianos I Grandfather Clock I Victorian Mahogany Furniture I Old collectible books and
      92 words
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      655 23 SPH OFFERS MORE ADVERTISING OPPORTUNITIES ON I I I mmJj i ft ■■■■■■■■■I Singapore Press Holdings is pleased to announce its appointment as the media i information in an entertainrepresentative of the Singapore Telecom information services on Teleview. ing< rclcvant and casi,y un appointment allows SPH to significantly enhance its
      655 words
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  • Article
    Indonesia must stay the course
    503 24 EDITORIAL The decision by Indonesia's President Suharto to accept re-election for a sixth term will be welcomed by South-east Asian nations. They have watched the substantial progress made by their neighbour over the past 25 years. President Suharto, known as the "father of development", has
    503 words
  • WHAT THE OTHERS SAY
    • Article
      Is Russia past saving?
      288 24 US PRESIDENT Bill Clinton got it spot-on that without a package of aid and experts to stimulate rudimentary market and democratic reforms, Russia would regress to totalitarian rule or worse, a fragmented dictatorship of imperialist-nationalists. One remembers that the tide which swept out 75 years of
      288 words
    • Article
      Rulers and democracy
      198 24 THE Malaysian parliament has given an overwhelming endorsement for the constitutional amendment that limits the legal immunity of the hereditary rulers. It is an historic occasion for Malaysians because for the first time, the laws of the land are equally upheld by both the people and the
      198 words
    • Article
      Different views
      185 24 SINCE the end of the 14th Chinese Communist Party Congress in October 1992, economists in China have been expressing different views on the pace of development of the Chinese economy. Party general secretary Jiang Zemin and Premier Li Peng have on different occasions also warned against an overheating
      185 words
    • Article
      Politics and economics in HK
      154 24 IT IS public knowledge that London and Beijing have been holding talks at a higher level to find a way of bringing themselves to the negotiating table and calming the waters disturbed by Governor Chris Patten's attempts to introduce the controversial reforms, which have provoked
      154 words
    • Article
      The US starts to turn
      211 24 In the midst of all this social ferment and upheavals as the Clinton administration tries to bring change for the better to the US, Dr Michel Oksenberg, president of the East-West Centre in Hawaii and former government adviser on China and Indochina comes to Kuala
      211 words
  • Article, Illustration
    Lock icon The rise and rise of Try Sutrisno
    1186 24  -  On Wednesday, Try Sutrisno was appointed to the second highest office in Indonesia. Yang Kazali Kassim, reporting from Jakarta, traces his ascent to power Yang Kazali Kassim The writer is BT's Regional Analysis Editor IN JAKARTA, there stands next to the Presidential Palace
    Photo by State Secretariat  -  1,186 words
  • Page 24 Advertisements
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      81 24 coNVKSAnoNS I RAFFLES "They always say about GLCs, 'you get some special help from somewhere.' There may be. I do not know. I haven't seen very much of it." A WONG KOK SIEW runs Singapore Technologies Industrial Corporation, the government-linked company local businessmen most love to hate. He talks about
      81 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      67 24 yOUST ONE.TUfrIQ j( UfY=> IOgQNQ tOITH) "TrtiNsJK WOU.miSS Summpum V \r°V OR.iG»NRL eNDiMG twPihg oor my tv. thciuci? ■>,- J 1 'I'm 1 DOONESBURY GARRY TRUDEAU kSO,MR.PUM~ IN A TYPICAL YEAR, ABOUT BUT UJHEN A JOHN LENNON VT7ZZIIZ, MAJOR A PUM,UHfiTSORT 20,000PLUSORPINARYFOWS GOE6POWN,ORA JIMBRAPY, ynpuAME OFYEARHAVEW SET POPPEP—ORPOP THEM- OR
      67 words
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  • ANALYSIS
    • Article
      Lock icon A question of timing
      851 25  -  Peter Passell suggests that US President Bill Clinton may be taking credit for what might otherwise have been former president George Bush's economic recovery Peter Passell NYT TO STIMULATE or not to stimulate? Listening to Bill Clinton, one might guess that he is still eager to
      NYT  -  851 words
    • Article, Illustration
      Lock icon A vision for Vietnam
      1205 25  -  Dr Nguyen Mai wears two hats: he is responsible for foreign investment in Vietnam, and he is the editor-in-chief of the weekly newspaper, Vietnam Investment Review. Harish Mehta profiles the man and his mission Harish Mehta Nguyen mai has to stick to two deadlines. As editor-in-chief
      File picture  -  1,205 words
    • Article
      Lock icon When the wheels of industry grind to a halt
      910 25  -  The political scandal in Italy has caused the country's economy to slow down drastically. Roger Cohen reports Roger Cohen NYT FOR DECADES, Italy functioned with a split personality. An overstaffed and grossly inefficient state was balanced by a dynamic and inventive
      NYT  -  910 words
  • Page 25 Advertisements
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  • Article, Illustration
    Lock icon Congress strips Yeltsin of power to rule by decree
    649 26 Hardliners cancel referendum, put president's future in greater jeopardy AP Reuter MOSCOW Russia's Com-munist-dominated Congress stripped President Boris Yeltsin of more powers yesterday and cancelled a national referendum he had called in a bid to cement his power. In a series
    AP; Reuter  -  649 words
  • Article
    Lock icon China warns US against setting terms for MFN status
    316 26 Reuter BEIJING China told the United States yesterday that it was useless to make preferential trade treatment conditional on its human rights or trade access performance. "Exerting pressure (on China) is undesirable and will have no effect," Foreign Ministry spokesman Wu
    Reuter  -  316 words
  • Article
    Lock icon G-7 leaders keen on meeting to discuss urgent aid to Russia
    398 26 Reuter WASHINGTON The White House said yesterday that there is a growing consensus among leaders of the Group of Seven leading industrialised nations for a G-7 meeting to discuss urgent aid to Russia. Spokeswoman Dee Dee Myers said: "There's
    Reuter  -  398 words
  • Article
    Lock icon New bid to push for quick end to Gatt talks
    342 26 Reuter GENEVA Leaders of nearly 40 states will launch a new bid to push the major powers towards quick completion of the long-stalled Uruguay Round trade negotiations, the world trade watchdog Gatt said yesterday. Trade diplomats said the initiative was
    Reuter  -  342 words
  • Article
    Lock icon US House panel passes Bill to slash deficit by US$510b
    301 26 Reuter WASHINGTON The United States House of Representatives Budget Committee on Wednesday passed a five-year budget blueprint that slashes the deficit by a record US$5lO billion (*****.4 billion), going well beyond the spending cuts requested by President Bill Clinton. The
    Reuter  -  301 words
  • Article
    Lock icon Japanese companies suffer slumping profits, cut staff
    340 26 AFP TOKYO Japan's major companies saw their profits plunge and many of them cut back on their workforce in the October-December period. The Economic Planning Agency said yesterday that it would announce today Japan's gross national product (GNP) growth figures for the same
    AFP  -  340 words
  • Article, Illustration
    Missing in action: economic news about Cambodia
    811 26  -  The Bottom Line HARISH MEHTA HARISH MEHTA The writer is a BT correspondent specialising in Indochinese affairs THERE is more to Cambodia than guns and factional violence. It's just that we don't hear about it. All one reads in the newspapers are reports
    811 words
  • Article
    Lock icon US retail sales up slightly, first-time jobless claims take a jump
    241 26 AP WASHINGTON US retail sales rose a modest 0.3 per cent in February and the number of first-time unemployment benefit claims jumped by 25,000 late last month to the highest level in nearly four months. The Commerce Department said
    AP  -  241 words
  • Page 26 Advertisements
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      72 26 PHONAL 3BSBL IMow Zip gives you instant boiling water sfe ever y minuteofthe JUST TURN 0N THE TAP ZIP OUT DATES URNS, KETTLES, COFFEE —BARS AND JUGS. MODELS TO SUIT EVERY KITCHEN. OFFICE, FACTORY HOSPITAL AND SCHOOL. ZIP IS FULLY AUTOMATIC AND STEAMFREE. SAVE YOUR STAFF TIME NOW! I tAi
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      Page 26 Advertisements Column 2
      6 26 C^SnfSv esttSENT* Tomorrow in Business Times
      6 words
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  • SHIPPING TIMES
    • Article
      Lock icon 3 likely to win Thai-Laos transport service rights
      407 27 The Nation BANGKOK Listed feeder operator Regional Container Line (RCL), the State Railway of Thailand (SRT) and Express Transport Organisation (ETO) are the top contenders for the rights to transport goods between Thailand and Laos. A bidding committee will also ask for
      The Nation  -  407 words
    • Article
      Lock icon Pena pledges to help maritime industry
      380 27 Seatrade Week NEW YORK US Transportation Secretary Federico Pena held his first meeting with the American shipping community last week and promised to work towards a viable maritime reform programme which would ensure the survival of a US-flag fleet and American shipyards. Mr Pena
      Seatrade Week  -  380 words
    • Article
      Lock icon Regional blocs said to work against free trade
      391 27 South China Morning Post HONGKONG A Hongkong businessman has warned that the trend towards regional integration a dominant theme around the world might work against free trade. Mr C C Tung, vice-chair-man of Orient Overseas International Ltd. said although he was confident
      South China Morning Post  -  391 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1155 27 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrcnkiel Liner 16 4 .Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 ASCL 5 5 Asian Breakbulk 16 3 ASXCLShpg 15 2 Avant Shpg 6 4/5 Avia Airways
      1,155 words
    • Article, Illustration
      Lock icon M'sian forwarders urged to support federation
      472 27 Bernama KUALA LUMPUR The Federation of Malaysian Freight Forwarders (FMFF) has urged all freight forwarders to unite behind it in order for them to be effectively represented. The FMFF said it was very concerned over the statement, made by the Minister of International Trade
      Bernama  -  472 words
    • Article, Illustration
      Building the Asia-Australia connection
      1156 28  -  The concept of an Asia-Australian Trade Route, using Singapore as the transhipment centre for some Australian exports, was discussed at a seminar in South Australia last week. Florence Chong reports from Sydney Florence Chong THE KEY to the Asia-Australia Trade Route becoming a reality is the
      1,156 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        503 28 Vessel Voy No Berth fcmal Departw e Vessel Voy No Berth AmM Departwe Jurong Port Atlantic Cha SWA7B P07 1103/1100 1103/1800 Arttis Sinus 16 alongsde 1203/2300 Aung San 01/93 P01C 1103/0800 11J1/1400 Kee Glory 2 15 alongside 1203/2300 Calte. 10/03* P01A 1103/1100 1103/1900 Uon Valour 112 alongside
        503 words
      • Article
        MALAYSIAN PORTS
        115 28 Kiiantan Pft Depart on March 11: Timber Indah (morning), Bangkaia On the way: Berth 1A: ml; 1: Ma Long Hai; 2: Sensei; 3: evemn 8) ml; 4: Bangkaia Penang Port Palra oi berth outer/inner nil. lineral oi/MTBE berth- ml 0" way: Bg Soon Hock II. Kasturi. Palm Sea
        115 words
      • Article
        CONTAINER SCHEDULES
        1909 28 Jlliisl 'TTT'TiTi CONTAINERS IN PROGRESS Ship Voy No Containers avaiabte Slip Voy No Containers avaiabie Tiger Shark 310 10.0393 0700 lm\ Mbourne 217W COO(EST) *****3 1500 Nor Al Munta 9301 3 *****3 0715 Sea Laurel 172S COO(EST) *****3 )700 MS Asia Oci 9311 1003.93 1040 Equator lewe 150N
        1,909 words
    • Article
      THE SHIPPING GUIDE
      10848 36 I his is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang
      10,848 words
    • Article
      DAILY FREIGHTS
      1016 43 WITH the current firm rates for Panamas tonnage brokers are expecting the rate on the key US Gulf to Japan route to jump about US$l Burwain was said to be closely working the United Approach for a March cargo of 52.000 long tons of heavy grain, sorghum or
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      COCKETT BUNKER MARKET REPORT
      857 43 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
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    • AIR AND LAND TRANSPORT NEWS
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        Lock icon Congress urged to support air traffic control plan
        667 46 Bloomberg Business News WASHINGTON International Business Machines (IBM) on Wednesday urged Congress to keep supporting a US$5 billion (SsB.3 billion) effort to overhaul the nation's air traffic control system. IBM, the builder of the system, also promised to work towards containing cost
        Bloomberg Business News  -  667 words
      • Article, Illustration
        Lock icon Last whistle stop
        65 46 Reuter BUENOS AIRES A railway station porter waiting for luggage as the last train from Cordoba, 800 kilometres west of Buenos Aires, arrived at the Retiro railway station in Buenos Aires, on Wednesday. Some 70 per cent of Argentina's passenger trains, traversing 13 provinces, ceased running on
        Reuter  -  65 words
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        Lock icon SAS seeks partner after third year of loss
        476 46 Reuter STOCKHOLM Scandinavian Airlines System (SAS) on Wednesday reported its third consecutive annual loss, and said it needed to team up with one of Europe's top five airlines in order to survive. The carrier, which is halfowned by the governments of Denmark,
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        Lock icon Airline passenger deaths up 50pc
        228 46 Reuter MONTREAL The International Civil Aviation Organisation (ICAO), the United Nations watchdog for the air transport industry, said on Wednesday that deaths in plane crashes rose by more than 50 per cent in 1992. The ICAO said passenger deaths on scheduled air carriers rose to
        Reuter  -  228 words
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        Garuda's Beijing service yet to take off
        256 46 JAKARTA The opening of Garuda Indonesia's Jakarta-Singapore-Beijing still faces an obstacle despite the bilateral agreement between Indonesian and Chinese governments. According to a report in Jakarta Post, director-general for Air Transportation Zainuddin Sikado said that Air China was still reluctant to allow Garuda
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        Lock icon Lockheed denies any interest in NY airports
        268 46 AP ALBANY. New York Lockheed Corp. the Californiabased aeronautics giant, said on Wednesday it has no plans to lease or purchase New York's two largest airports. Lockheed's statement came after a New York senator said a Lockheed subsidiary had raised the possibility of
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          Lock icon Cuba, Algeria sign shipping accord
          59 46 Reuter HAVANA Cuba and Algeria have signed a five-year shipping agreement covering freight and passenger traffic and loading and unloading arrangements in the two countries' ports, Cuban state media said. Under the cooperation accord signed in Havana on Tuesday, Cuban and Algerian ship crews will
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          Lock icon More LA-Auckland flights by United
          82 46 AFP CHICAGO United Airlines announced on Wednesday it was increasing its service from Los Angeles to Auckland from three times a week to one flight daily. "Our emphasis will be on daily non-stop service between Los Angeles and Auckland with continuing service to Melbourne. This
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          Lock icon Bulgaria's major ports, roads reopen
          72 46 Reuter SOFIA Bulgaria reopened major ports and road links after the heaviest snow in a deeade had paralysed transport links at the start of the week. Snow and blizzards stopped on Wednesday but large parts of the northeast remained isolated and domestic transport was disrupted.
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          Lock icon Top GM exec has not gone to VW
          63 46 Reuter DETROIT General Motors on Wednesday denied rumours that its purchasing chief. Ignacio Lopez de Arriortua. resigned to take a top position at Volkswagen. According to car industry sources. Mr Lopez tendered his resignation on Monday after GM chief executive John Smith
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          Lock icon GM seeks new trial
          83 46 AFP ATLANTA. Georgia Saying new witnesses have come forward. General Motors announced it wants a new trial in a lawsuit in which a jury awarded USSIOS million (SSI73 million) to the parents of a boy killed in a GM pickup truck crash. GM filed the motion
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          Lock icon Grupo Dina to issue US$175m shares
          64 46 Reuter MEXICO CITY Truck maker Grupo Dina will issue US$l75 million (SS2BB million) worth of share? in a simultaneous primary and secondary offering in late March, sources close to the company said. The launch will include sponsored American Depositary Receipts to trade on the
          Reuter  -  64 words
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          Lock icon LA-San Diego train service resumes
          64 46 UPI DANA POINT, California Rail service between Los Angeles and San Diego resumed on Tuesday, allowing the delivery of much-needed supplies that had been delayed three weeks by a landslide. Service had been disrupted for three weeks after severe storms weakened a steep bluff and
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        1345 46 ckj mt no nw* no. MM Dhabi GA860 0025 GA970 0100 JUMaMo QF81 1935 QF82 2050 SQ227 2230 Amsterdam KL837 1545 GA890 0100 SQ323 1815 SQ320 1100 KL838 2350 Athens SQ348 2300 Auckland NZ35 1425 BAH 1340 SQ288 2045 SQ285 2115 BA12 2200 NZ36 2235 Bahrain
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      61 27 "THM VITAL LK TO MALAYSIA" Rail Link Express provide* a total servtce to save you/ money time and worry as we defcver your goods speedily and promptly to your destinations in our or gams ed Malaysia road networks Rail-Link Express (S) Pte Ltd Tel: 354-1223 Fax *****10 J OUR SERVICES.
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      25 27 Lines and services raprasantad Members ef the Registry ef Accredited (fffKw Shipping Agents, Unfipifi National Shipping Aiieclatien. I-or iflvertistnif enquiries, contact Shipi'inx hows: t'el /H)-2tm/740-W)0
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      325 27 THE jg FAMOUS ■IMIIIJI* 224 1833 I For more information please refer to Pg. 13 The Asia-Australia connection, Page 2 US Congress urged to support air traffic control plan, Back Page Someone ckse has been Iving Your son in Canada Is studying for some years, overseas. YbuVegvenup ■SfiSRH And you
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      2617 29 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES BOOKINGS TEL: *****34 *****58/ *****40 \l||^ A CFS (PSA F5) TEL: *****21/ *****79 ■■lllf JARDINE SHIPPING AGENCIES SON. BHO. rPOOfflfH PETALING JAYA TEL: 03-*****76 FAX. 03-*****42 r~T PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Quality Service ipoh tel *****3/4 fax:
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      806 29 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 UASC Ilk WUmD ARAB SHIPPING CO.(SAG)[I^ To US East Coast I a I I a I I in I a* sm worn ?i/i3 n/M 21, m m m h n H KHMI *010* 7/M I K lI,K 11*5 U K SNTI NU
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      1343 29 NEXT SAILING TO CARIBBEAN/MEXICO/CENTRAL SOUTH AMERICA MADISON MAERSK V. 9304 ETA SIN 16TH MARCH 1993 VesM* Vo» ETA ETO Feeder Dy Sea Lark/Arte* DESTINATIONS Tins weak MADISON MAERSK V 9304 T" ~"1 'IMaHWiHil—lEWW^Blirilill— te/3 i too mrs CFS 16/3 0300 MRS JOH LRU PEN OAK LOS HOW SOO ATL MIA
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      1450 30 aqaba ROAM/ LE Hnrsvn VOY NO S PORE JEDOAH (via JED) S TON HBURG ANT HAVRE LEVERKUSEN EXPRESS 11/309 13/3 22/3 28/3 31/3 3/4 5/4 7/4 1. lUKSMM FRANKFURT EXPRESS 66/110 17/3 3/4 6/4 4/4 FORT KELANB t FOMNB KITANO 18/310 20/3 29/3 5/4 7/4 10/4 12/4 14/4 CAMP TO
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      570 30 CHZSBB FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea t Vietnam Mongolia Hungary CSFR e Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA tW VILLE DE CANOPUS 15 /03 VILLE
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      1581 30 Blaaaaaia uai REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALG BCL* LHA I NORASIA SAMANTHA 9302 3 16/03 06/04 07/04 U/04 12/04 13/04 14/04 IS/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 304* 30/03 20/04 22/04 25/04 26/04 27/04
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      2130 31 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****80 Fax: *****17 tTf BTS shipping Pl* Ltd J c ,s SAAS CONTAINER SERVICE TO CAMBOOU RAJAH BROOKE VO7E Lib 11-12 Mir 12 Mar 14 Mir STUAITS S!« VO3W EROS 12 u®, (1* (I* IT*
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      2650 31 SINGAPORE AGENT: -2 fi/\f«c P&O Containers (Singapore Agencies) Pte Ltd V\ 4je%# 1, illlMlfllllCl J 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 TeJ 225 2233 Te(ex RS 345fr4 p NOCSp Fax 225 5327/222 7517 fr*~ W CR Number: **********0Z EXPORT IMPORT VESSEL VOY -mm *PKG iw ALG sou
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      763 32 PEB9 I V T6 EUft6PE HI I WW STOW HM/MM WMt I WOO I MTKOf HUT HI 27W8 14- It/ 3 12/4 17/4 22/ 4 TO AusmsS™ E»ST COKT PMTS^ mnoi mi stque std Iwib laws [fee aoel 0 SOW* 03S 12/3 13/3 29/3 1/4 10/4 5/4 MOO lEMASEK 53S
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      2078 32 0 HANJIN SHIPPING FDR vSL SM LM HAUL SEA POX fOR *SL S* Ul€ HAUL SAV KM NYC HANJIN VANCOUVER 012E 13/3 08KCT 1/4 3/4 HANJfI KUNSAN OISE IS 3 H KEUIMC 041E 22/4 23/4 2S/4 HANJM OSAKA 004E 21/3 H BREICN 007E 15/4 17/4 HAIUN POHANG 12/E 22 3
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      1595 32 d I rlWl IKI ISC «C UC W MI OSK NET SM2 ITO Ul OB W RTC LH> MIR KM Tl» WG PSD CM P*l W I GUM tt Oil 17/) 11/3 23/3 25/3 2C/1 21/) 30 31 3 2/4 3/4 5/4 1(4 21/4 30/4 1 5 U/5 12 S
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      1405 33 ri—SCX: CALIFORNIA MERCURY 51E' ETA SGP 17/03/93 Ml II II ARRIVING LOS ANGELES 04/04/93 IN 17 DAYS II 3SgS II AEX: NEPTUNE PEARL 08E' ETA SGP 20/03/93 U II |i arriving new york 12/04/93 in 22 days H ■I II *R3 SCX: ComMcting N. Diamond ¥oy 12E In HKG 28/03/93
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      630 33 ©HEUNG-A SHIPPING II Korean Flag Vessels FULLY CONTMNEMSED SERVICE TO: HONGKONG, BUSAN, MCNON, MOJI STRAITS/KOREA SERVICE nil SM ail HKfi BSN MC MM LfENMO 310 M IS 03 17 03 21/03 »/03 »03 27/1) CHOTMK IMB NB3II 11/03 11 03 23/03 27/13 21/03 »/0J HO t OOHUt 303N »/03 21/03
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      1143 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUNO—OtSCHMGINC WESTBOUHDLOAMNC TRAMSHPPED VIA ROTTERDAM^
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      1649 34 K 4 W W"** AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (Cft No: **********0 M) mm mm m TEL *****77 TELEX: KAWAKIRS23I6S PAX: *****07/B^9 I Id MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BHD M-J JL M-J TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 TaTk INDONESIA: P.T. SARANALAUTINTERNUSA
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      1160 34 PHIU-ORKNT UN€5 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.... IVE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION Vaßr \~MJ3TMUA/NCWZEALAIiO/iOUTH PACWK FCLACLtOWX 15 MAR SYDNEY. MELBOURNE. BRISBANE, FREMANTLE 14 MAR
      1,160 words
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      1076 35 PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I CB NO 100e06;0000E I VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN fouatop rnvmi vwL «7» «/a 907 l EQUATOR HAWK «3N 13/3 18/3 20/3 EQUATOR CRYSTAL 133N 13/3 W/3 20/3 KOTA INOAH
      1,076 words
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      Page 35 Advertisements Column 2
      1917 35 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p|P GUDANG PENANG PKELANG| OCEAN VSL/VOY SIN SOUO) RTM (2) HAM (3) GOT (4) E 12/3 12 >3 13/3 BENALOER 3092 '6/3 2/4 4/4 5/4 7/4 E 19/3 19 3 20/3 TOY AM A 3102 23/3 9/4 11/4 12'4 14/4 D 26 3
      1,917 words
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      Page 35 Advertisements Column 3
      312 35 °BSA° TRANSPORTATION M MYANMA wHfe FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf PAGAN Vm*l M PORT MYOMAYWA VI47W 14/16 Mar H PORT PATHEM Vl22* 22/24 Mar 18 21 Ma* PAGAN Vl94* 28 30 Mar MAtATSIA AGENTS BOUSTEAD SMPPMG AGENCtS KUI TEI 03-*****00 PHI
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      2882 38 Full Container Liner Services Malaysia's Agents: Indonesia 's Agents: General Agents: Booking Agents: Guan Guan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Rntra Indonesia Maritime Costar Shipping Pit Ltd Skiettnt Freight Booking Centre Sdn Bhd 58 Persiaran Ra/a Mucta Wusa tot 3 34. 3rd Floor. Jl IR
      2,882 words
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      697 39 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 15/3 ROTTERDAM 15/3 HAIFA/ASHDOD/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 14/3 VANCOUVER 17/3 BRISBANE 15/3
      697 words
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      773 39 g RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ]W\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivov ETA LOADING FOB SPORE ANOINET 30WB lb/04 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT 32W8 20/05 DARESSALAAM MOMBASA
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      Page 39 Advertisements Column 3
      683 39 JAKARTA BANGKOK VESSEL I WW I 9W I MT I I WSgl IWW MNSAMRE BANGKOK RAIA BHUM 69S IN PI it/3 IMU BHUM 67N fri IN PI Mon 15/3 IHANA BHUM 21S 13/3 17/3 HAN IA BHUM 132N Sat 13/3 Wed 17/3 NANA BHUM 182S 17/3 2173 P StWIOSA J*?!
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      Page 39 Advertisements Column 4
      360 39 nsssi mw BAY OF BENGAL SERVICES TIGER ARROW 57* M PORT 18-19/83 2V 25/13 I TIGER BUDGE 245* 15-16 03 22 24/03 30 31/03 I TIGER SIM 5M 17 11/83 24-25/03 31 01/04 I CAPE BORAWSTA 241 22-23/03 2HO/03 05-06/04 TIGER RIVER 163 CM M TORT 18-22/83 »-38/43 I LHOTSE
      360 words
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      1498 40 AANMN container lines o\=Aj£jAgents: MAC-NELS SPORE: *****22 (24 LINES) PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 COMPETITIVE RATE TO HONG KONG 3 SAILINGS WEEKLY (MON/WED/FRI) FOR ROOKING, PLS CALL *****76. *****75. *****221 4am GLOBELINK FORWARDERS PTE LTD SRS TEL:
      1,498 words
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      Page 40 Advertisements Column 2
      242 40 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SW Ml LYT SIN PROSPECT 23S 14/3 26/3 28/3 14/4 2 STAR 6S 23/3 4/4 6/4 23/4 PREMER 23S 4/4 17/4 19/4 4/5 WITH OPPORTUNITY TO CAll BHISBANf ON Of) ABOUT 11 I FULLY CONTAINERISED SAILINGS DISCHARGING AT
      242 words
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      1046 40 THONG SOON UNES PTE. LTD.] M: 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING UNfc *****99 SINGAPORE TO SARAWAK VESSEL WT S'PORE PEST VESSEL VOY STORE PEST EQUATOR JADE 71/3E 13 MAR
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      854 41 WgVEVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBUU SOC CARGOES TO FROM KOBE. YOKOHAMA. NAGOVA. MOD. TOKYO*. MAW.A*. DAVAO* Penanj* P. Kelang S<n(apore E'Msia 0 KAMALEVERETT VISE 23/24 Mar KARABEVERETT VUE 08/09 Apr 10/11 Apr SHAPIAEVERETT VISE 26/27 Apr 28/29 Apr ACCEPTING BREAKBUK FCI SOC CARGOES TO/FROM CUTT A
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      339 41 Bt GLORY NAVIGATION GROUP to 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 20/3 25/3 25/3 5/4 GLORY SELATAN V 10/3 12/3 15/3 25/3 SP PKL HCM HK KAO GLORY SELATAN X 15/3
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      698 41 Sl pgsl -worldwide PANAMA -GLOBE STEAMERS LINES REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER NO 2 Connecting Feeder to Shantao lIAN BO NO 9 WE HV LEASING CONTRS FOR RENTAL SAILING TO PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO
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      429 41 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN ALSO CALLING 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/MEDfTERRANE AN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST
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      Page 41 Advertisements Column 5
      371 41 SjN FAR EAST 16/3 KEELUNG/KAOHSIUNG 20/3 BANGKOK 15/3 MANILA/CEBU 21/3 JAKARTA/BELAWAN/SURABAYA 15/3 PORT KELANG/PENANG/E. MALAYSIA 15/3 BUSAN 21/3 TOKYO/YOKO/KOBE/NGO/OSA 15/3 HONG KONG S|N CHINA 15/3 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LGL cargo SfN EUROPE/UK 15/3 LDN/FLX/LVP/SOU 15/3 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romama/Poland/Bulgaria/Czech. SjN USA/CANADA 21/3 LOS ANGELES/NEW
      371 words
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      677 42 HON6 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 KAOSHIUNG 12/3 PORT KELAN6/PENAN6 14/3 YOKOHAMA 14/3 COLOMBO 16/3 FELIXSTOWE/HAMBURG 13/3 CHITTAGONG/MAORAS 17/3 ROTTERDAM/LE HARVE/ANTWERP 13/3 BOMBAY/KARACHI 15/3 BARCELONA. MARSEILLES. GENOA 14/3 CALCUTTA 14/3 LAX/NYC 14/3 SYDNEY/MELBOURNE CMT LINER EXPRESS AGENCIES PTE LTD KHgillll
      677 words
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      404 42 y Conferm 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 20 MAR FELIXSTOWE 20 MAR GOTHENBURG 20 MAR 'ACCEPTING TO
      404 words
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      Page 42 Advertisements Column 3
      460 42 Next Week's Sailings Singapore I KIRSI KOKVVAKDKK IN lo: LID lo: ETD ASIA AWARDED Singapore Singapore ,s<) 9002 LRQA EVERY EVERY Bangkok SUN Hamburg SAT EVERY EVERY Manila SL'N Ho Chi Minh FRI jT EVERY EVERY V^^^LSHBJ Colombo TL'E Los Angeles SL'N I INTERNATIONAL SEA FREIGHT FORWAROMG Tel: Fax: AM>
      460 words
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      Page 42 Advertisements Column 4
      141 42 I g NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG KONG/BANGKOk/kEELUNG/KOBE/ LOS ANGELES (LONG BEACH l/NEW YORK/ C HICAGO/SYDN E Y/M ELBOL RNE/HAMBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF W E ALSO DEAL IN FCL CARGO WORLDW IDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA I RL'CK CONSOLIDATION Depart Singapore DAILY to K.L.
      141 words
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      1535 43 VESSEL/VOYAGE SINGAPORE DURBAN PORT ELIZABETH CAPE TOWN HAYAKAWA MARU V9167F 21/3 3/4 5/4 7/4 VAAL V9265F 31/3 12/4 14/4 16/4 NEDUOYO COLOMBO V9364F 10/4 22/4 24/4 26/4 OSAKA MARU V9469f 20/4 2/5 4/5 6/5 "ALSO ACCEPTING AIR CARGO ON THE ABOVE DESTINATIONS AND TO JOHANNESBURG" For enquiries/ Bookings, please call:
      1,535 words
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      Page 43 Advertisements Column 2
      65 43 "BANGKOK" P.A.T. KLONG TOEY PORT ETA ETA VESSEL VOV SM BANGKOK NANTA BHUM 132N 13/03/93 17/03/93 MAHA BHUM 149N 17/03/93 20/03/93 NANTA BHUM 133N 20/03/93 24/03/93 MAHA BHUM 150N 24/03/93 28/03/93 (MAHA BHUM IS A FULL THAI FLAG VESSEL) ETA ETA ETA VESSEL VOV SW MANILA CEBU AKA BHUM 116
      65 words
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      Page 43 Advertisements Column 3
      29 43 AfOTAINER-VOTAINER-VOTAIHER-VOTAI*ER-VOTAINER-VOTAINER-«< Votainer f Consolidation Services I I I LOAD W\TH US AND EXPERIENCE s Iwl THE EXCLUSIVE SERV\CE PROVIDED, g ENQUIRIES 273-0466 BOOKINGS 273-0133 > -M3N IVIOA-H3HIVIOA-113H1V.1.0A-lI3H IVIOA- H3MIV.IOA- H3HIVIOA
      29 words
  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      313 43 TODAYS TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 2.7 30 30 2.7 2.2 1.5 09 0.5 0.2 0.2 0.5 1.2 2.1 2.6 29 2.8 2.5 1.9 1.3 0.9
      313 words
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  • Page 44 Advertisements
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      Page 44 Advertisements Column 1
      679 44 i. cosco I UKC CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR: A VESSEL 28/03 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G. LOADING FOR: A VESSEL 15/03 20/03 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please
      679 words
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      Page 44 Advertisements Column 2
      157 44 J EES FREIGHT SERVICES PTE LTD ■JHn #01-60 Wallich Building, Wallich Street, Singapore 0207 Tel: *****66 (10 Lines) Fax: *****69/*****44 I' OLANDIA" 11 "SEALINK" 11 "AROSIA" I V.I 37 II V.266N II V.3071 I ETD SIN: 18/3/93 II ETD SIN: 14/3/93 II ETD SIN: 12/3/93 I We provide competitive LCL
      157 words
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      Page 44 Advertisements Column 3
      229 44 [far EAST> VJAKAM*I HONG KONG l|^BANCJ<Q|^^r CgUROP^I r HAMBURG V ROTTERDAM f BARCELONA /HAftSEl^Eft V 7 CARGO \TEL:*****68 CROSS WATER I HEM) OFFICE 291 SQUMOON ROM) #K-N SXJWGOOH HUM S(M2I) NMOfiUa <CR): ft! 37 #N-25/» TC. MM FMKMT STKUM IE: *****05 I^HONGKONC^CHINA^^^^nPIS/3 kq2B3S23HHHHHIjIZE! I PT KELANQ/PENAWG I 14/3 I TOKYO/YOKOHAMA
      229 words
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      Page 44 Advertisements Column 4
      842 44 Antwerp 13/3 Fremantle 14/3 Bangkok 13/3 Bremen 14/3 Sydney 18/3 B usan 15/3 Hamburg 14/3 Melbourne 18/3 Hong Kong 15/3 LeHarve 13/3 Kaohsiung 13/3 Felixstowe 14/3 Keelung 13/3 Rotterdam 13/3 Bombay 15/3 Jakarta 14/3 Calcutta 13/3 Manila 15/3 Chittagong 13/3 Lax Nyc 15/3 £i!? chl 3!/o pVffTfn •we travel aii
      842 words
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  • Page 45 Advertisements
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      Page 45 Advertisements Column 1
      820 45 A HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE I VESSELS VOT PNA 1 PKE I PGP I VESSELS VOY_ SIW RTM MO* LEH* HAM BRE| FEL HMM ADVANCE OS* 9/3 10/3 12/3 H CHALLENGER 303W 14/3 2/4 2/4 3/4 4/4 4/4 6/4 HMM ADVANCE 09A 16/3 17/3 19/3
      820 words
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      Page 45 Advertisements Column 2
      499 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VESSEL HOY SP PI IK 11 AEISHW II SLD SLD Ml M/J EISTEII PEIRL 2! 14/1 ft# MINE MM 1C 11 1 ISEIN TRUER M M/J COSNK TRUER M 211 SEKI UEtSM IT 21/3 23/1 Hi 2S/3 nu SRMBW
      499 words
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      Page 45 Advertisements Column 3
      1026 45 JEDDAH/UK/CONTNENT I STORE KO S TON M3URC ROAM lEH Aha Acccptiif C*jo fm LEVERRUSEN EXPRESS 11/309 13/3 22/3 31/3 3/4 5/4 7/4 Southampton to il UK dMtmitar Bcßnt an) DuMn FRAMFURI EXPRESS 44/110 17/3 3/4 C/ 4 4/4 Rotterdam to M Antwerp Aimtndan. (Mo. HcMu RITANO 11/310 20/3 27/3 7/4
      1,026 words
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