The Business Times, 24 March 1993

Total Pages: 54
1 54 The Business Times
  • 13 1 BUSINESS TIMES WE KNOW ASIA MITA (P) 552/12/92 Wednesday March 24 1993 15'
    13 words
  • 2am LATEST
    • 67 1 AFP HONGKONG Hongkong delegates at China's National People's Congress arc pushing for the early establishment of a special committee on the post--1997 Hongkong Special Administrative Region (SAR). A motion aimed at setting up a preliminary work committee for the SAR was submitted to the
      AFP  -  67 words
    • 75 1 Reuter WASHINGTON Pakistan's former prime minister Benazir Bhutto yesterday dismissed as fundamentally wrong a report that her country and India were on the brink of nuclear war in 1990. Ms Bhutto, prime minister at the time, said the two countries had not even been
      Reuter  -  75 words
  • Article, Illustration
    111 1 Stock market indices Tuesday Change STII 1.655.02 +2.76 KLSE Composite 634.42 -0.23 Nikkei 18,491.62 -292.77 Hang Seng 6,117 95 +57.91 SET Index 889.82 -9.41 Jakarta Composite ...Closed CLSA China B 1.389.44 -23.29 Aust All Ord 1,659.5 -4.7 FTSE 100 2,861.1 -2 8 Tuesday Previous I lam close Dow
    111 words
  • 421 1  -  By Rahita Elias SINGAPORE The Keppel group sprang a surprise yesterday when it announced its intention to make a takeover offer for listed building materials supplier Resources Development Corporation Ltd. Engineering arm Keppel Integrated Engineering (KIE) made the announcement after acquiring 52,000
    421 words
  • 507 1 MOSCOW The Speaker of Russia's conservative Parliament yesterday called for Boris Yeltsin to be impeached after Russia's constitutional court ruled the President had violated the Constitution. Ruslan Khasbulatov said the country's supreme legislature, the Congress of People's Deputies, should be summoned as
    507 words
  • 351 1  -  From Stephen Vines in HONGKONG A LEADING Hongkong newspaper group plans to launch a 24-hour Chinese language satellite news service modelled on the American CNN concept. The network will be established by the CIM group, parent company of the colony's Ming Pao
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  • 423 1  -  From Catherine Ong in HONGKONG CHINA'S first expatriate adviser on Hongkong affairs, Sir David Akers-Jones, who is a former chief secretary and acting governor of the territory, yesterday denied he is a traitor to Britain. Sir David's appointment as
    423 words
  • 546 1  -  Reciprocal rights for at least two Thai banks By Loh Hui Yin SINGAPORE Two more Singapore banks, Overseas Union Bank and United Overseas Bank, will be allowed to operate in Thailand on an offshore basis. And in return, at least two Thai
    Photo by Arthur Lee  -  546 words
  • Page 1 Advertisements
    • 224 1 #02-55/56/59 Wisma Atria njtr-||| IA A Tel: 235 5325 IMELWANI THE MENS FASHtON STOKE #01-25 Paragon By Sogo Tel: 732 2556 CONTENTS S pore News 2 S poffrM sia 11.12 Regional News 3.4.7 Financial 15,18 Wort) News 8 Features Hartals 33 Ctob/KISE. S£S 23.24 Edrtorial 32 Regional 21 Regional Analysis
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    • 18 1 Regional Analysis The making of Red capitalists Pg 30 China newspaper calls for removal of Fatten, Back Page
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    • 29 1 Hock Ijock Siew M Keppel creates some precedenjcltg l? Hock Lock Siew, Pg 11 The Bottom line: Gorbachev has a role. Back Pg US aid for Russia, Pg 8
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    • 8 1 I he man behind it all, Pg 33
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    • 118 1 w' GorbcfUfv has a role in Russia Back Pg For the best CANTONESE FOOD IN SINGAPORE GO TO LITTLE INDIA. Lr£ We can't vouch for the Indian food in Chinatown, but we can tell you that the authentic Cantonese cuisine at the Hai Xiang Restaurant is well worth the five-minute
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    • 17 1 AVAILABLE AT ETIENNE AIGNER Q SHOPS AUTHORISED OPTICAL DEALERS 7^ Thailand remains committed to Afla, Pg 3
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 356 2  -  By Anna Teo CONSUMER PRICES rose a lower 2 per ecnt in February compared to the same month a year ago. Compared to January, the consumer price index declined by 0.6 per cent, the first drop in six months. Data from the Department of
        Source: Dept of Statistics  -  356 words
    • 696 2  -  Overall 7-Bpc growth for 1993, says consultancy firm Transearch By Anna Teo ECONOMIC GROWTH is likely to hit 7-8 per ccnt in the first quarter, pick up steam and peak in the second before slowing down to an overall 7-8 per
      696 words
    • 182 2 PLANS for the redevelopment of the prized Thai embassy site at Orchard Road took a new twist yesterday when an embassy official revealed that the embassy will undertake to redevelop the site itself. "We have decided to stay put until the end
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    • 337 2  -  By Chuang Peck Ming THE research units of the Ministry of Trade and Industry and the Monetary Authority of Singapore, on the Auditor-General's recommendation, will have closer links to ease the sharing of economic data and research papers. This would ensure
      337 words
    • 241 2  -  By Helen Chang CABLE News Network (CNN), the American cabletelevision news service, expects to set up a bureau in Singapore within the next "one to two years", said its senior vice-president yesterday. The network is also considering the republic as a
      241 words
  • Page 2 Advertisements
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  • THE REGION
    • 516 3  -  Emergency rule may be invoked to overcome opposition to energy plan From Alec Almazan in MANILA ENVIRONMENTAL groups in the Philippines are bracing for a crackdown on their activities because of the threat of emergency rule looming over the energy sector. The effects of
      516 words
    • 329 3 AFP MANILA President Fidel Ramos ruled out martial rule in his attempts to bring a solution to Philippine problems, which include a crippling power crisis. "As far as martial law is concerned, that's out, because I know the sequence
      AFP  -  329 words
    • 97 3 Reuter LEGAZPI, Philippines Mayon volcano in the Philippines could be ready for a major eruption following a pattern of smaller blasts since Saturday, a government volcanologist warned yesterday. Ronaldo Arboleda told reporters the pattern was similar to Mayon's volcanic activity in 1978 when it had
      Reuter  -  97 words
    • 363 3 KUALA LUMPUR Sultan Allan Shah, the Malaysian King, has signed and returned to parliament the constitutional amendments that limit the legal immunity of the rulers. Speaker Mohamad Zahir Ismail said yesterday parliament received the bill on Monday, bearing the signature of the King,
      363 words
    • 260 3  -  By Loh Hui Yin SINGAPORE Thailand is committed to the goals set out under Afta, the free trade area which Ascan wants to put in place in IS years. Making the commitment yesterday was Thai Deputy Prime Minister Dr Supachai Panitchpakdi, who pointed out
      260 words
    • 174 3 AFP BANGKOK A top Thai military leader has called on members of the governing coalition to stop the on-going infighting, saying the armed forces supports Prime Minister Chuan leek pa i, reports said yesterday. "All infighting should stop,** Air Force chief Gun
      AFP  -  174 words
    • 178 3 Bernama KUALA LUMPUR A much higher growth in exports helped Malaysia to register a healthy trade surplus of M$ 1.782 billion in 1992, a sharp turnaround from the large deficit of M 56.334 billion recorded in 1991, the Statistics Department reported yesterday. The
      Bernama  -  178 words
    • ASIA NOTES
      • 68 4 AFP BEIJING Beijing hopes the new right-wing government in Paris will rectify "erroneous policies" of the former Socialist regime and help boost Chinese-French ties, a foreign ministry spokesman said. The spokesman was referring to the French decision last year to sell Mirage 2000-5
        AFP  -  68 words
      • 60 4 AFP BANGKOK Commerce Minister Uthai Pimchaichon may recommend that Thailand move its clocks ahead one hour during summer to give businesses here more time to operate, a ministry official said yesterday. "Thailand's business partners like Malaysia, Singapore and Hongkong are all officially an hour ahead
        AFP  -  60 words
      • 39 4 AFP BANGKOK Former prime minister Anand Panyarachun has proposed that the United Nations appoint a special envoy to handle security matters with Asean. which groups some of the world's fastest growing economies. AFP
        AFP  -  39 words
      • 60 4 AP CANBERRA Opposition leader John Hewson and National Party head Tim Fischer were re-elected to their posts yesterday, 10 days after their coalition lost the Australian election. Mr Hewson. who had promised al5 per cent goods and services tax, beat former leader John Howard by a
        AP  -  60 words
    • 336 4 HONGKONG China s securities regulator has proposed that two enterprises be selected from every major city for listing on either of the country's exchanges in Shanghai or Shenzhen. The move by the China Securities Supervision and Administrative Committee is intended to
      336 words
    • 392 4 AP BEIJING Communist Party chief Jiang Zemin was quoted yesterday as saying that China's military needs more funds, despite plans for a 12.5 per cent boost in government support this year. "The situation of army building is good in general but at the
      AP  -  392 words
    • 250 4 AFP TOKYO North Korea, staying on a "semi-war" alert, yesterday charged that the United States and South Korea were continuing their Team Spirit war games after declaring them over last Friday. But officials in Seoul denied the charge. The Korean Central
      AFP  -  250 words
    • 235 4 AFP TOKYO Under growing pressure from Taiwan, five Japanese companies including Mitsubishi Electric Corp are to send a mission to the island next week to discuss transfers of technology, officials said yesterday. A Mitsubishi official said the other companies were two leading steelmakers,
      AFP  -  235 words
    • 444 4  -  From Stephen Vines in HONGKONG THE WALLED City of Kowloon, the most notorious slum and most curious historical relic of Hongkong, came under the demolition ball yesterday. Once home to an estimated 30.000 people and a veritable army of rats and other vermin, this
      444 words
    • 400 7 AFP TOKYO Japan's political bribery scandal has spilled over to four of the country's top five construction companies, underscoring widespread suspicion of bid-rigging practices in public works projects. Tokyo prosecutors yesterday raided one construction firm after questioning executives of three others
      AFP  -  400 words
    • 321 7 Reuter NEW DELHI A leadership tussle in India's ruling Congress party appeared to have blown over yesterday after a rival of Prime Minister PV Narasimha Rao retracted criticism of party rulers. Human Resource Development Minister Arjun Singh, widely seen as a leading
      Reuter  -  321 words
    • 486 7 Reuter SYDNEY Australia's com-modity-dependent economy received some good news yesterday with the release of a report forecasting a rise in commodity exports to record levels this year and the next. The Australian Bureau of Agricultural and Resource Economics said higher export
      Reuter  -  486 words
    • 317 7 Reuter WELLINGTON New Zealand's kiwifruit industry appeared to be on the brink of collapse yesterday as farmers responsible for the nation's sixth biggest export awaited a rescue package from a reluctant syndicate of banks. Talks between the New Zealand Kiwifruit Marketing Board (NZKMB),
      Reuter  -  317 words
    • 394 7 AFP TOKYO The Rising Sun flag, which accompanied the Japanese Imperial Army on its war path, was honoured with unprecedented endorsement as a national colour yesterday in a celebrated flag-burning case. Japan has no laws defining its national flag or anthem. But the provincial court
      AFP  -  394 words
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  • Page 4 Advertisements
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    • 393 4 IB PROPERTY, CONSTRUCTION 883 Ss| INFRASTRUCTURE IN SSf 1 VIETNAM I 27-28 May 93 The Oriental, Singapore ■l| Authoritative Assessment by Senior Officials from the Socialist Republic of Vietnam BHI Tran Quan Ngoc, Vice-Director, Investment Centre ■B| ■■j State Committee for Cooteratk>n Investment "1 "1 Le Doan Phacfa, Director, Int'l
      393 words

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  • THE WORLD
    • 691 8 Crisis in Russia Reuter WASHINGTON The Clinton administration has raised new expectations about what the West can and must do for besieged Russian reformers, saying the commitment of the United States and its allies must he long-term and substantial. Hut as President
      Reuter  -  691 words
    • 45 8 Reuter MOSCOW Democratic supporters discussing the situatfon in Russia during a pro-Yeltsin demonstration in the centre of the city on Monday Thousands of Yeltsin supporters gathered to encourage the Russian President to bypass Parliament and rule by decree. Reuter
      Reuter  -  45 words
    • WORLD WATCH
      • 69 8 Knight-Ridder LONDON The UK government's plans to impose value-add-ed tax on domestic fuel and power bills were backed by a majority of 25 in the House of Commons on Monday as debate on the Chancellor of the Exchequer's Budget ended amid uproar. Voting
        Knight-Ridder  -  69 words
      • 63 8 Reuter OTTAWA Canadian retail sales jumped by 1.8 per cent in January, adding to mounting evidence that the country is finally emerging from a long recession, the government and analysts said on Monday. A new consumption tax. tight monetary policy and a general restructuring of
        Reuter  -  63 words
      • 77 8 AP LONDON Facing fierce criticism, the British government on Monday announced its route for the high-speed railway to link London and the Channel Tunnel. The link will cost between £2 and £3 billion (556.9 billion) and will create 15.000 jobs. Transport Secretary John MacGregor said. To
        AP  -  77 words
      • 68 8 AP LEIPZIG Carrying banners saying east Germans are treated like second-class citizens, about 8.000 people marched through Leipzig on Monday to protest the government's economic policies. It was a replay of a protest by 15.000 people last week. The marches are a revival of 1989 demonstrations
        AP  -  68 words
    • 333 8 Reuters ROME The Italian government was back to full strength yesterday after Prime Minister Giuliano Amato quickly appointed a replacement for his agriculture minister, the latest casualty of the country's corruption scandal. Mr Amato swiftly headed off a crisis by appointing
      Reuters  -  333 words
    • 554 8 Reuter WASHINGTON Russia has put forward a detailed plan to stabilise its shaky economy and rein in skyrocketing inflation in a bid to win more than USS2O billion (5532.8 billion) in assistance from the West this year, monetary sources said on
      Reuter  -  554 words
    • 119 8 Reuter UNITED NATIONS The Security Council decided on Monday to vote on a resolution enforcing a no-fly zone over Bosnia-Herzegovina even though Secretary-General Boutros Boutros-Ghali warned of "negative consequences" for UN troops there if it is approved. A vote was scheduled for yesterday,
      Reuter  -  119 words
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  • WORLD FOCUS
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  • COMPANIES & MARKETS
    • 626 11  -  Improved showing due to deep cuts in interest and depreciation charges By Genevieve Cua SINGAPORE Yeo Hiap Seng Ltd staged a decisive turnaround last year with strong net earnings of $7.3 million compared to its firstever loss of $1.4
      626 words
    • 356 11  -  By Dexter Lee SINGAPORE Singapore Automotive Engineering's (SAE) venture into car distribution turned out to be more expensive than expected when Certificates of Entitlement shot up to more than $30,000 in the popular segments last year. Yesterday, the company reported a mere
      356 words
    • 179 11 SINGAPORE Listed Singapore Petroleum Company (SPC) has formed two new wholly-owned subsidiaries which will be used as vehicles for its overseas investment drive. The new companies Singapore Petroleum (Indochina) Pte Ltd and Singapore Petroleum Venture Pte Ltd were incorporated on March 6.
      179 words
    • 243 11 SINGAPORE Diversified Bonvests Holdings yesterday reported a 14.4 per cent fall in turnover for the year to December 1992, following the sale of its stake in Goldvein Department Store, which owns Gaieries Lafayette. Bonvests, which plans to focus on its core
      243 words
    • 721 11  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE Mr Sim Kee Boon should be a happy man. In a deft move, his Keppel group has put itself into a position where it could soon control yet another
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    • 423 11  -  By Lilian Ang SINGAPORE Listed Hotel Properties' net earnings jumped by more than threefold to $30.29 million for the year ended Dec 31, 1992, up from $7.03 million lyThe group's robust performance was achieved on the back of strong contributions
      423 words
    • Article, Illustration
      314 11 Performance of STII's index stocks Mar 23 Sea* lafex Slock talc Chgc factor Bo*tn (I) Avimo I.»00 -0.030 I.SO -25.00 CAC 6.750 -0 050 5 64 -25.00 Ccrcbos 5 300 4.4 J FAN 12 400 0.100 10.37 50.00 OF Asm 3.120 -0 040 2.61 -20 00 GcnMai I 330
      314 words
    • COMPANIES
      • 454 12  -  By Teh Hooi Ling SINGAPORE Improvements in core business divisions boosted Haw Par Brothers International's net earnings by 18 per cent to $20.41 million in the year ended last Dec 31. The group's results were spot on analysts' forecast of a net
        454 words
      • 284 12 SINGAPORE Strong demand for its electrical products has enabled Clipsal Industries (Holdings) Ltd to chalk up a 31.6 per cent increase in group earnings to S$ 11.57 million for 1992. Clipsal, which announced its final results yesterday, also intends to place out
        284 words
      • 425 12 Reuter KUALA LUMPUR Malaysia's Sapura telecommunications group is expanding overseas as part of a major restructure designed to streamline operations and improve cash flow, officials said. Sapura is promoting its products and services or setting up joint ventures abroad while diversifying
        Reuter  -  425 words
      • COMPANY BRIEFS
        • 88 12 Bernama KUALA LUMPUR Development and Commercial Bank Bhd has sold a 20 per cent equity in its subsidiary, D&C Insurance Sdn Bhd, to Dowa Fire and Marine Insurance Co Ltd of Japan. The bank, which owns 95 per cent of its insurance subsidiary, has received
          Bernama  -  88 words
        • 90 12 SINGAPORE Tong Meng Industries lifted group net earnings five-fold to $849,000 in 1992 on a 30 per cent jump in group turnover to 57.33 million. Directors said the improvement was due to overseas sales of new products. Pre-tax profit rose 63 per cent to $1.12
          90 words
        • 52 12 SINGAPORE Singapore Computer Systems (SCS) has won a five-year, $5 million contract to provide information technology services to Brunei Shell Petroleum Company. A Brunei subsidiary, SCS Information Technology, will upgrade the oil firm's mainframe and maintain its IBM hardware and peripherals under the under
          52 words
        • 76 12 Bernama KUALA LUMPUR Property developer Kesang Corporation Bhd says it will be back in the black in the 1994 financial year. According to a circular to shareholders, the company is tipping consolidated pre-tax profit of M$ 1.494 million (*****,160) for the year to June
          Bernama  -  76 words
        • 73 12 Bernama KUALA LUMPR Bank of Commerce (M) Bhd yesterday reported a 38.45 per cent jump in net pre-tax profit to M 585.178 million (5554.5 million) for the year to Dec 31, 1992. Loan assets grew to M 54.922 million in 1992 from M 54.687
          Bernama  -  73 words
      • 210 12 SINGAPORE Pacific Carriers Limited last year suffered a 55 per cent plunge in net earnings to $13.7 million. This translates to an earnings per share of 4.58 cents, compared with the 10.15 cents in 1991. Explaining the fall, company secretary Dawn Tay
        210 words
      • 215 12 Bernama KUALA LUMPUR Tan Chong Motors Holding Bhd's group pre-tax profit fell to Mslll.BB million (5570.48 million) for the year ended Dec 31, 1992, from M 5234.01 million in 1991. Pre-tax profit at the company level fell to M 520.64 million
        Bernama  -  215 words
      • 422 12 UNIT TRUSTS FUNDS Manam prictt Mar 24 Prudential Singapore IMt Trust PniUnk Mgd Fund 1.05 1.11 The Commerce 1.2! 1.34 MARA-Bwniputra The Siv.np Fund 109 I I4«J First B putra 1.59 164 lES£?p d Second Bputra I X 161 id SW hnvc« l, Fund S Th.rd Bputra 5 39 5
        422 words
      • 862 12 Payment Ex Books Pay date dose date Apollo F 2.5 Jun 21 Jun 23 Jul 13 Avimo 20* F 12.5TE Feb 17 Mar I Apr 15 BAT 21* F 114.2 Mar 23 Mar 29 Apr 6 Berjaya Group I 4 Mar 18 Apr 2 Apr 15 Bcnaya Ind I 3
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      • 559 13  -  From Catherine Ong in HONGKONG TWO companies in the Jardine group. Dairy Farm and Jardine Strategic Holdings, are raising a total of U*****.5 million (*****.22 million) by way of two Eurodollar rights issues to finance expansions in the region. Dairy
        559 words
      • 397 13 Adverse publicity angers foreign fund managers with stakes in firm MANILA Philippine Long Distance Telephone Company (PLDT) shares slumped to new lows yesterday after revelations that the group engaged in illegal US dollar dealing and dumped obsolete phones on the home market. The
        397 words
      • 248 13 Reuter TAIPEI Taiwan's parliament ordered the government to speed up its privatisation programme, which has been faltering because of bureaucratic delays and a weak stock market, a parliamentary spokesman said yesterday. Parliament's economic and finance committees, in a motion passed on Monday, required the government
        Reuter  -  248 words
      • 246 13  -  From Al Labita in MANILA SINGAPORE TELECOM has acquired shares in Manila's Globe Telecom, formalising a partnership initiated during Philippine President Fidel Ramos' recent trip to Singapore. The deal involved two special block sales totalling 46.1 million Class B Globe Telecom shares valued
        246 words
      • 275 13 Reuter BEIJING Although China is racing ahead with new stock listings, a national securities law to bring order to a sometimes chaotic market may not be ready until next year, the head of the drafting committee said. Li Yining said his 14-mem-ber
        Reuter  -  275 words
      • 524 14 Reuter CHICAGO Anheuser-Busch Cos Inc said on Monday that it is buying a large stake in Mexico's Grupo Modelo. maker of Corona beer, the second move this year by a US brewing giant aiming to tap the huge market to be
        Reuter  -  524 words
      • 63 14 Reuter SANTA CLARA, California Intel Corp president and CEO Andy Grove showing off the company's long-awaited Pentium microprocessor, a new generation chip that promises to revolutionise personal computers and protect Intel, the leading chip maker, from rivals. The Pentium will run up to five times faster
        Reuter  -  63 words
      • 290 14 Reuter MORRIS PLAINS, New Jersey Warner-Lambert Co said on Monday it bought Wilkinson Sword for US$l42 million (***** million), raising its profile in the razor-blade marketplace where it already owns Schick. "This operation combines Schick's strength in Japan where we have earned a leading
        Reuter  -  290 words
      • 525 14 Reuter HALIFAX, Nova Scotia Nova Scotia's multi-billion dollar Empire Co Ltd, one of Canada's biggest companies and part-owner of New Englandbased supermarket and operator Hannaford Bros, says it wants to expand, but not at the cost of forgetting where it came from. James
        Reuter  -  525 words
      • 321 14 Reuter NEW YORK Investor Ronald Perelman sought on Monday to raise his stake in Marvel comics to about 80 per cent, launching a tender offer for up to 11 million shares of the company. The offer US$25 (Ss4l) a share sent Marvel
        Reuter  -  321 words
    • FINANCE
      • 362 15  -  By AJ Leow SINGAPORE Japanese retailer Yaohan Japan Corporation yesterday launched a convertible bond issue worth 10 billion yen (SSI42 million) here the first such yendenominated issue in Asia outside Japan for a Japanese corporation. The bulk of the proceeds will be
        362 words
      • 434 15  -  By Paul Leo SINGAPORE Asia's appetite for gold is insatiable. And Singapore is feeding much of it. The Republic imported 414 tonnes of the yellow metal last year about 40 per cent of Asia's total imports of 962 tonnes and 23
        434 words
      • 335 15  -  From Florence Chong SYDNEY The Reserve Bank of Australia cut the official interest rate by half a percentage point yesterday in line with the newly-elected Keating government's desire to stimulate the economy. Interest rates are now at their lowest since
        335 words
      • SMALL CHANGE
        • 76 15 SINGAPORE Pontiac Marina yesterday signed an $850 million loan to finance its giant mixed development at Marina East. The $1.65 billion project, comprising an office tower, two hotels and a retail centre, will be completed in stages between 1995 and 1997. Pontiac Land holds
          76 words
        • 64 15 Reuter BANGKOK The Thai Military Bank Ltd launched a two billion baht (S$ 128 million) unsecured subordinated debenture to raise funds to meet capital adequacy requirements. The sevenyear debt issue, maturing in April 2000, yields a floating annual interest of 0.75-percentage point above the
          Reuter  -  64 words
        • 81 15 Knight-Ridder TAIPEI Taiwan's Central Bank of China will auction NT$4O billion (552.5 billion) worth of Central Government Construction Bonds on April 13 on behalf of the Finance Ministry, a bank official said yesterday. The bonds will carry a seven-year term and will be
          Knight-Ridder  -  81 words
        • 79 15 AFP TOKYO Bad loans at leading Japanese banks are expected to swell to as much as 15 trillion yen (Ss2os billion) at the end of March, up from 12.3 trillion yen six months earlier, a newspaper reported yesterday. The Nihon Kcizai Shimbun
          AFP  -  79 words
      • 169 15 SINGAPORE International Factors Singapore (IFS) will concentrate only on factoring and related financing from now on. IFS chairman Herman Hochstadt yesterday said that by concentrating on its core activity, the company hopes to better its return on capital. To narrow the
        169 words
      • 457 18 Reuter HONGKONG China's Shenzhen city, hoping to emulate Shanghai, plans to set up a metal futures exchange in two months' time, despite a recent central government order to strictly control the spread of futures markets. "The futures exchange will trade
        Reuter  -  457 words
      • 295 18 Reuter LOS ANGELES BankAmerica Corp on Monday said it still expects to save some US$l.2 billion (SSI.9 billion) over the next few years from its merger with Security Pacific Corp but its near-term savings could be offset by a loss of customers. In
        Reuter  -  295 words
      • 423 18 IHT COPENHAGEN Den Danske Bank has orchestrated a deal that aims to merge the two largest Danish insurers, which were casualties of last year's collapse in the Nordic securities and real estate markets and of a series of failed takeovers, analysts said on Monday.
        IHT  -  423 words
      • 131 18 YESTERDAY'S lunch break news of worsening Russian problems did not do much to boost US dollar buying in a generally dollar-bearish market. In the US$/S$ market, the US$ was taken to a high of 1.6430 early yesterday morning as buying emerged from local corporates and
        131 words
      • 196 18 Bloomberg Business News LONDON The dollar end lower but up from an intraday low at 1.6290 deutsche marks as heightened Russian political tension partly olTset the negative effects of extraordinarily high German money market rates, traders said. The dollar set a new low at 115.08 Japanese yen in early
        Bloomberg Business News  -  196 words
      • 84 18 AFP NEW YORK The dollar fell to a record low against the yen in quiet trading yesterday while gold prices lost nearly a dollar. At about 9:50 (1450 GMT), the greenback was trading at 1.6300 German marks against 1.6380 marks late Monday, and at 115.25 yen against 116.70
        AFP  -  84 words
      • Article, Illustration
        1597 18 linJf\ iiikttiaitil aganm S'porr'i loft 14 trading /tannery Bom' yew I9K? US$/S$ forward rates Noon Mar 23 ss Bid Offer 1-month 1.6396 ***** 2-month 1.6377 1 6392 3-month .1.633$ 1.6370 6-month ***** 1 6340 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am yesterday: Singapore dollars to one unit of
        1,597 words
    • COMMODITIES & FUTURES
      • 415 19 Local industry faces poor prospects Reuter KUALA LUMPUR Malaysian tin miners, facing tough times at home, are taking their expertise abroad, industry officials and analysts say. The companies, with considerable expertise in alluvial mining, are looking at the possibility of opening tin mines in Vietnam.
        Reuter  -  415 words
      • 273 19 Reuter LONDON Brazil is taking seriously the March 31 deadline for a new economic pact and will only agree to extending negotiations if substantive progress is made at a 10-day meeting which began on Monday, according to a Brazilian official. "If
        Reuter  -  273 words
      • 280 19 Reuter AGRA, India India, until recently the world's largest importer of edible oils, is toying with the idea of exporting them after becoming nearly self-suffi-cient in the commodity industry and trade leaders say. Delegates at an oilseeds seminar in the north Indian town of
        Reuter  -  280 words
      • 389 19 Bloomberg ENERGY REPORT LONDON Oil futures prices in London rose yesterday in cautious trade after the previous day's plunge and ahead of a US inventory report. brokers said. West Texas Intermediate crude futures for May delivery, closed 46 cents down at US 519.76 per barrel
        389 words
      • 310 19 AP BOCA RATON. Florida Officials at US commodities futures exchanges say a White House plan to tax futures trading will drive up their costs and drive their customers to cheaper, less-regulated overseas exchanges. But a French exchange head thinks they're just crying
        AP  -  310 words
      • 320 19 Knight-Ridder NEW YORK The London Metal Exchange's (LME) plan to launch pre-market floor trading has received mixed re- lews here, with a consensus developing that the exchange may have shot itself in the foot. The plan, according to LME officials, is aimed
        Knight-Ridder  -  320 words
      • 1442 20 SIMEX REPORT Reuter SINGAPORE Simex Nikkei stock index futures ended weaker yesterday in a downward correction to recent gains and also on worries over a stronger yen in currency markets. The Russian turmoil, with the country's constitutional court saying President Boris Yeltsin had violated
        Reuter  -  1,442 words
      • 964 20 COMMODITIES REPORT Tin The price of tin on the Kuala Lumpur Tin Market rose another 12 sen to close at MS 14.77 per kg. continuing its upward momentum, much to the delight of the industry. Traders said the local market rose
        964 words
      • 1743 20 Rubber Mar 23 RAS Commodity Exchange (futures dosing as at 1pm) IMS (physical prices) RSS 1 Contract (S ccnts/kg) Buyers Setters Close volume ***12—m (S ccnts/kg) Month High Low Sett (tonnes! Interest RSS 2 Apr 93 135 50 H6 00N Feb 93 Z Z Z Z Z RSS
        1,743 words
    • REGIONAL STOCK MARKETS
      • 994 21 -4.7 Stocks closed lower as a cut in official cash rates failed to attract investors nervous about the potential for turmoil in Russia. brokers said. "Obviously the Russian situation is keeping most local players away from the market," a broker said. "However, the interest rate cut tempered anv falls."
        994 words
      • 574 21 -12.35 Share prices fell following a drop in the price of market leader Philippine Long Distance Telephone Co (PLDT) on Wall Street, brokers said. They also see the slide continuing in coming days. Investors shifted attention to utility Manila Electric Co over speculation it will declare a 40-60 per
        574 words
      • 374 21 +8.20 Investors went on a buying spree in what brokers described as a technical rebound follow ing previous day's sharp fall, brokers said. They expect the market to continue the run-up for the time being as investors sentiment remains relatively healthy. The Composite Stock Index added 8.20 points to
        374 words
      • 612 21 -27.05 Share prices ended mostly lower as profit-taking from Monday's gains emerged in the last hour of trading, brokers said. The Weighted Index slipped 27.05 points to end at 4.647.23. Turnover was fairly active at T572.87 billion. Investors were discouraged by media reports that parliament plans to complete privatisation
        612 words
      • 329 21 -9.72 The share market finished lower with most leaders drifting downward in a lacklustre market in which major buyers remained absent. The NZSE-40 Capital Index closed down 9.72 points at 1,557.87 on a moderate volume of NZ$24 million. "The market had a nervous feel about it particularly in
        329 words
      • 56 21 •23.65 Share prices fell slightly on lack of buying ahead of the end-of-account for both cash shares and specified shares. The Bombay Stock Exchange (BSE) Index fell 23.65 points to 2,378.55. The National Index fell 11.14 points to 1,067.16. The account for cash shares ended yesterdav and the account
        56 words
    • WORLD STOCK MARKETS
      • 802 21 -2.8 Shares slipped to a slightly weaker close as concern over growing political unrest in Russia and the absence of further signs of UK economic recovery kept buyers firmly on the sidelines, dealers said. The FTSE 100 index closed down 2.8 points at 2,861.1 in trading volume of 696
        802 words
      • 225 21 -o.Bpc Shares ended volatile session with DAX blue-chip index 0.8 per cent lower, poised just below key chart point at 1,650. Dealers said direction now hinged on technical factors and developments in Moscow, where call for President Yeltsin's impeachment pushed prices to their lows late in the session. Market
        225 words
      • 144 21 -1-13 Stocks rebounded after the previous day's sharp drop, but investors remained worried about the situation in Russia, traders said. The MIB index rose 1.2 per cent or 13 points to 1,077. It fell 3 per cent or 33 points to 1064. though prices did recover some ground in
        144 words
      • 299 21 +2.6 Shares closed slightly firmer with a mixed tone. Dealers said trading was quiet, as the market consolidated after last week. The consolidation period was expected to last for the remainder of the week, they added. Index heavyweight Nestle. which is due to release its 1992 profit figures today,
        299 words
      • 325 21 -31 Gold post mild recovery after early falls which dealers described as a healthy correction. They said support was seen for the gold price and the trend remained bullish for local gold shares. Industrials. however, remained weak amid a lack of fresh positive factors. The Overall Index was 17
        325 words
      • 814 21 -8 Stock prices fluctuated in a tight range in late-morning action as investors lacked much enthusiasm except for selected healthcare, technology and transportation issues. The Dow was off around three at 3,460 in choppy trading. Advances and declines held about even. The Nasdaq Composite Index rebounded 2.75 to
        814 words
      • 344 21 +6.75 Stocks were virtually Hat in early dealings yesterday as the market absorbed a spate of corporate and political news. "We expect that with the turmoil in Europe, a significant number of investors will move their money here," one trader said. The TSE 300 inched down 1.72 to 3582.02
        344 words
      • 256 21 +0.17 Shares closed mixed yesterday but nervous, with deal- ers expecting the broad market to lose some of its recent gains in the next few weeks as the mileage left in interest rate cuts dwindles. Russian political developments, though unconnected to most Dutch firms' earnings, hypnotised investors into inactivity.
        256 words
      • 800 21 Paris Mar 23 Fr AirLiquuie 00 <4 00 Alcatel Ansthom M'OO y 00 Ell V|uit M>~> 50 20 (.at rX 1120 00 I jfaife U* 00 -HO Michehn 1*3 M -I 40 Netfle 4 JO* 00 -45 00 Norsi Hvjro 132 10 -4 10 OIP 11)00 Peugeot SA 51*00 -13
        800 words
    • Article, Illustration
      2877 22 A SURGE in the price of major real estate stocks amid hopes for a relaxation of the government's restrictive home mortgage policy lifted the Hang Seng index of top shares, traders said. Several Chinese-lan-guage newspapers quoted Deputy Banking Commissioner Albert Cheok as saying the government was considering measures to
      Source: Bridge Info  -  2,877 words
    • Article, Illustration
      425 22 The Shenzhen A market edged slightly higher in moderate trading. The CLSA Shenzhen A Index rose 0.73 per cent to 2,840.33. The Shenzhen B Index was sluggish again. The CLSA Shenzhen B Index remained unchanged in exceptionally light trading. For settlement purposes, the US$/HK$ rate will be determined in
      425 words
    • Article, Illustration
      2498 22 Reuter STOCKS ended lower but just above lows on worries about the political turmoil in Russia and the rising yen. Investors were also adjusting their positions following Monday's rally, but sentiment was still supported by bargain hunters in laggard issues, brokers said. One foreign house broker said: "Today's fall
      Reuter; Source: Bridge Info  -  2,498 words
    • Article, Illustration
      1793 22 Reuter STOCKS slid across the board for a second day as selling was triggered by technical factors, brokers said. The SET Index started to dive after it fell below 897 in late morning and ended the day losing 9.41 points, or 1.05 per cent, to 889.82 on thin turnover
      Reuter; Source: Bridge Info  -  1,793 words
    • 2656 23 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume MOST ACTIVE value Multi-Purpose 7.003.000 Multi-Purpose II.MMJO MM 50c V938.000 Bedford 50c J.WS.M0 Ind (>\>gc'n 50c 2JOMOO Bc-rjava (iroup MHWi kamunling MX 2.400.000 Metropte* 50c 2.2I1IM Met topic* 50c 2.390.U00 kamunt.ng 50c 1.942.385 Kcnong Bhd 50c 2.168.000 Ind (Hvgrn
      Source: Bridge Info  -  2,656 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 4951 23 Bernama ON THE EVE of the long market break, share prices yesterday closed higher in slightly active trading on continued speculative interest in most sectors. At the close, the KLSE Composite Index shed 0.23 of a point to 634.42 from Monday's close after opening 634.75.
        Bernama; Source: Bridge Info  -  4,951 words
    • STOCK EXCHANGE OF SINGAPORE
      • 6840 24  -  By Dexter Lee SINGAPORE Talk that Resource* Development Corporation was a takeover target helped lift an otherwise dull market yesterday, with share prices continuing to move sideways in quiet trading. The talk was confirmed after the market closed when Keppel Integrated Engineering announced it
        6,840 words
      • 74 24  -  HOT STOCK Paul Leo BUY Neptune Orient Lines at $1.44. The nine-day RSI is below 25 and heading towards zero. which indicates that the stock will be deeply oversold if its price declines further. Support at Si.4o is likely to halt any further fall in price. Should
        SOURCE: BRIDGE INFO  -  74 words
  • Page 11 Advertisements

  • Page 12 Advertisements
    • 537 12 Capture your share of a skyrocketing market^ /w 1-3 September 1993 Pan-Pacific Hotel Singapore <<? M SUNWORLD ASEAN SUMMIT '93 Sun World is designed to be a powerful magnet for corporate volume buyers. This one-of-a-kind exposition and conference is expected to draw the most influential buyers, sellers, developers, marketeers, manufacturers
      537 words

  • Page 13 Advertisements
    • 469 13 Opportunity of a Lifetime The Most Advanced Satellite City in Southern China One of the Largest Shopping and Entertainment Centres in the World MiUIM ©IW ®§TM P[U\(gi To the Point of Perfection We are Building for a Better A Shoppers' Paradise Financial Advantages A sophisticated development combining the Tomorrow' Toda*/
      469 words

  • Page 14 Advertisements
    • 32 14 It's the investment opportunity of a lifetime I BmHHpMRH _Mr ,y uill nwnv d ti/i Jiif/( 01 t/Nil VI df < »10 )n\'\iio Intoiuiw nuil l\\u h bmnmphmmm lnh in /wuifortlu RMIMPIMHHfIpi |BB^aii^^^^aMu^jjj|
      32 words

  • Page 15 Advertisements
    • 1275 15 UCUPSAL Clipsal Industries (Holdings) Limited (Incorporated in the Republic of Singapore) ANNOUNCEMENT OF AUDITED RESULTS AND DIVIDEND FOR THE YEAR ENDED 31 DECEMBER 1992 The Board of Directors of Clipsal Industries (Holdings) Limited is pleased to announce the audited results of the Group and the Company for the year ended
      1,275 words

  • Page 16 Advertisements
    • 219 16 Windows creates the potential for true vision. More and more people are getting more Windows 3.1 supports object linking and certainly available. and more out of their computers by using the embedding. That means that you can make As operating systems such as Windows revolutionary Microsoft Windows operating compound documents
      219 words

  • Page 17 Advertisements
    • 317 17 Multisync makes the most of the view. Consider how Multisync came into being, monitors gives you a clearer, larger and revolution. Its makers recognized a fundamental shift in brighter active display with less distortion. Its Any user will also be happy to know that the industry. And therefore built a
      317 words

  • Page 18 Advertisements
    • 136 18 This announcement appears as a matter of record only. o Pontiac Marina Private Limited *****,000,000 Project Finance Facility Arranger United Overseas Bank Limited Co-Arranger The Sumitomo Bank, Limited, Singapore Branch Lead Managers United Overseas Bank Limited The Sumitomo Bank, Limited, Singapore Branch DBS Bank The Sakura Bank, Limited, Singapore Branch
      136 words

  • Page 19 Advertisements
    • 126 19 Our people r TO LOOK After the W SMALLEST Jf: Client. At Kindervvorld Educare Centre, for our teachers. Our always prided ourselves on being childcare hacked by the fact that we spent 13.5% of professionals, not just babysitters. That the total payroll on training, bagged us the involves training our
      126 words

  • Page 20 Advertisements
    • 307 20 BUSINESS TIMES Tni I -FRPP tpi Nr. nnit paytjj IN THE MATTER OF THE COMPANIES ACT CAP. SO AND IN THE MATTER Of ISLAND EARTHIAN SINGAPORE PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE OF FMAL GENERAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Ctapter 50,
      307 words
    • 20 20 As and when the latest I.ondon Rotterdam prices are not available, the previous trading da>'s closing figures are carried instead
      20 words


  • Page 22 Advertisements
    • 74 22 n Sparkle to Your Portfolio... Mondial. The source for the acquisition of internationally certified G.1.A., H.R.D. Wflg and 1.Ci.1. diamonds, emeralds and other gemstones. J HHRH T WBmOi Main Showroom: Mondial Promenade 300 Orchard Road 001-06 The Promenade Singapore 0923 Tel: 734 2033/4 Fax: 737 5138 The Jakarta stock market
      74 words

  • Page 23 Advertisements
    • 78 23 Ail wairaMs and bonds are lisled in StS pagr INVEST IN A FOREIGN CURRENCY AND GET TO A FOREIGN COUNTRY. Citibank and Qantas bring you one of the greatest investment opportunities. Open a new Citibank foreign currency deposit and you'll be guaranteed a free trip. For details, call our 24-hour
      78 words

  • Page 24 Advertisements
    • 46 24 nAdd Sparkle to Your Portfolio... Mondial. The source for the acquisition of internationally certified G.1.A., H.R.D. jST and /.G.I. diamonds, emeralds j and other gemstones. HUHH. I WMONDIAL Main Showroom: Mondial Promenade 300 Orchard Road 001-06 The Promenade Singapore 0923 Tel 734 2033/4 Fax. 737 5138
      46 words

  • SPORTS
    • 617 25 The Bering Sea Ice Classic AP NOME, Alaska Winter rules apply in the Bering Sea golf classic, and they're more complex than St Andrew's. Anyone whose ball hits a polar bear is assessed a threestroke penalty a concession to the Endangered
      AP  -  617 words
    • 450 25 AP FORT MYERS, Florida Bo Jackson looked to the mound and tipped his batting helmet. Roger Clemens returned the compliment at 145 kph. It was their first battle since 1990. It could be their last if Jackson, trying to play
      AP  -  450 words
    • SCORE CARD
      • Article, Illustration
        34 25 Reuter NEW YORK Results of National Basketball Association games played on Monday: Washington Bullets 97 New Jersey Nets 92; Denver Nuggets 107 Utah Jazz 93; Golden State Warriors 96 Detroit Pistons 91. Reuter
        Reuter  -  34 words
      • Article, Illustration
        331 25 AFP Reuter Reuter LONDON Latest world professional rankings released here on Monday: 1. Nick Faldo (Eng) 24.66pts 2. Fred Couples (US) 15.46 3. Greg Norman (Aus) 13.58 4. Bcrnhard Langcr (Gcr) 12.95 5. Nick Price (Zim) 12.82 6. Tom Kite (US) 12.28 7. Lan Woosnam (Wales) 12.25 8. Josc-Maria
        AFP; Reuter  -  331 words
      • Article, Illustration
        40 25 Reuter NEW YORK Results of National Hockey League games on Monday: Boston Bruins 5 Hartford Whalers 4; Buffalo Sabres 8 Montreal Canadiens 3; New York Rangers 5 Ottawa Senators 4; St Louis Blues 3 Vancouver Canucks 1. Reuter
        Reuter  -  40 words
      • Article, Illustration
        113 25 AFP LONDON British Lions squad to tour New Zealand. Full-backs: Gavin Hastings (capt, Scot), TonyClement (Wales). Wings: Rory Underwood (Eng), Tony Underwood (Eng), lan Hunter (Eng), leuan Evans (Wales). Centres: Will Carting (Eng), Jeremy Guscott (Eng). Scott Gibbs (Wales), Scott Hastings (Scot). Stand-offs: Stuart Barnes (Eng), Rob Andrew (Eng).
        AFP  -  113 words
      • Article, Illustration
        116 25 AFP NEW YORK The leading money winners on the ATP Tour through March 21 (in L'SS): 1. Jim Courier (US) 637,759 2. Michael Stich (Gcr) 497,142 3. Pete Sampras (US) 368,177 4. Boris Becker (Ger) 339,506 5. Richard Krajicck (Hoi) 305.683 6. Wally Masur (Aus) 277.555 7. Karel Novacek
        AFP  -  116 words
    • 597 25  -  John Mehaffey looks at the British rugby players chosen to tour NZ John Mehaffey Reuter IN AN obvious gamble, the British Lions' selectors have fixed their gaze on the past, glanced only tleetinglv at the present and totally ignored the future in their team to
      Reuter  -  597 words
    • 838 26  -  Keith Dickson on its chances of beating Australia Keith Dickson AFP PARIS It's not often worldbeaters of a few weeks ago find themselves first-round underdogs. But that is how the US starts this year's Davis Cup. The chances of the defending champion surviving
      AFP  -  838 words
    • 301 26 AP LONDON The day after its cricket team was humiliated by Sri Lanka and its rugby union stars lost heavily to Ireland. Nigel Mansell gave England something to smile about. The auto racing star raised in the centre of England started the Indy
      AP  -  301 words
    • SIDE LINES
      • 117 26 AP PALM DESERT, California Phoenix won back the Super Bowl on Monday, earning the rights to 1996 championship after being stripped of the game two years ago in a bitter dispute over Martin Luther King Day. "It's a great relief for me to know
        AP  -  117 words
      • 98 26 AFP LONDON England's cricketing flops have flown home to London after their disastrous tour of India and Sri Lanka offering no excuses for their dismal performance. As they arrived back at Heathrow airport from Colombo late on Sunday after losing all four Tests and
        AFP  -  98 words
      • 104 26 Reuter HOUSTON Gabriela Sabatini (right) replaced ailing Monica Seles as top seed of the U*****,000 Virginia Slims of Houston on Monday, a day when rain forced the suspension of play with only one main-draw match completed. Seles, who pulled out of the Lipton Championships in Key
        Reuter  -  104 words
      • 86 26 AP LONDON Oxford will have a slight weight advantage and the experience of two reigning Olympic champions as they try to even the all-time series on Saturday in the 139 th university Boat Race against Cambridge. After some late changes, the two teams were
        AP  -  86 words
      • 85 26 AFP HAMBURG, Germany The German Athletics Federation legal commission will tell Katrin Krabbe next week whether it will confirm a ban imposed for a failed drugs test. The commission president Wolfgang Schoppe said on Monday that a meeting would be held at the
        AFP  -  85 words
  • Page 25 Advertisements
    • 112 25 I'tml 1 )<tinty's i'rtfritiction <>/ Richard <)' llricu's JBB written* staged and acted by Richard Horror Show", brings thej*fcocky O'Brien in 197,*. The first run never a new generation. The classic its final scheduled performance jiffll^Hnß|Kfforiginal Rock and Koll music went on and on! When it finally are still there.
      112 words

  • Page 26 Advertisements
    • 35 26 Bifee being §twic» bcl)inb tfjc cm* luitl) it Stickful of met emit ft, ottO) nicer. j. '"jB X.O. Beer. 12% alcohol, and best taken lying down. > i Available soon in bars with nice, comfortable floors.
      35 words

  • LIFESTYLE
    • 741 27  -  She hit Hollywood's consciousness rather late in her acting career but now, Tinseltown can't seem to get enough of her. Jeff Silverman on Oscar nominee Mary McDonnell and her craft Jeff Silverman NYT THE text was familiar. the context anything but. The stage of the
      NYT  -  741 words
    • 559 29  -  Jeanne King on the hitter Allen-F arrow child custody trial Jeanne King Reuter WOODY ALLLN said in court on Mondav that he had taken nude pictures of Mia Farrow's adopted daughter with whom he was having an affair, but denied that the
      Reuter  -  559 words
    • 373 29 CHATTERBOX UPI UPI UPI AP CAMILLK COSBY, wife of entertainer Bill Cosby, has bought 62 more hectares of woodland near the family's home in Shelburne. Massachusetts. The Cosbys now own 262 hectares, and town officials sax the recent purchase was to
      UPI; AP  -  373 words
  • Page 27 Advertisements
    • 56 27 WEDDING BELLS ARE RINGING Wedding Menu wP jr. s Karaoke available Shark's Fin Soup with *r*4. ifffrjffljgjK'fr, Prawns in soyabean sauce Lobster Seaweed Roll Fdtf th< TwiUl-Wt«-tr{rfl luuulb, Shrimp Ee Fu Noodle Qfmt Easbmi Hotel, FREE softdrinks VIP Dining Rooms p| 401 Macpherson Road #03-00 Great Eastern Hotel Singapore 1336
      56 words
    • 136 27 Pj||| T tower G 772" solid brass figurine The Red Bull Thinker Pack -Your Success Kit! n Thinking gets you ahead. But for that little extra to give you the mental edge, there is nothing like Red Bull Energy Drink. Now you <£■ JSrfsLyfaks can have this inspirational sculpture Rodin's
      136 words

  • Page 28 Advertisements
    • 793 28 ViiTTi'i M A "Heavenly" Feast Scrumptious Sichuan cuisine. Rich piping hot steamboat. Delicate Yangzhou Dianxian. Mon Sat 11.30 am to 2.30pm Sun 10.30 am to 2.30pm Kings B King's Hotel Clarion. A Member of CDL Hotels. Havelock Road. Singapore 0316. Tel: 733 0011 Hua Ting Chinese Restaurant First Anniversary Celebration
      793 words
    • 286 28 WHERE TO WINE, DINE AND ENTERTAIN CLUB 5 IS UP FOR AUCTION It's Auction Time with a difference. For every dollar spent col lea an equivalent 'Club 5 Dollar*. Use it to bid for attractive and valuable items put up for sale during Auction Time. Held every alternate f Wednesday.
      286 words
    • 394 28 WHAT'S HAPPENING (I Mjj, ON TUESDAY NIGHT |kJL r AT THE NEPTUNE. Every Tuesday night. The Neptune is reserved for all who love ballroom dancing. i Special srt dinner menu available at $3S*+ per perton 'Sim mm I U 1 iMragMliilallnßrkon! j 7th floor Ovctkm Union Houk Collycr Qu*y Singapore
      394 words

  • Page 29 Advertisements
    • 183 29 j I, "(f)" OPEHHIONL-A—l ENTREPRENEUR DEVELOP A BUSINESS PLAN TO TAKE TO THE BANK Win $18,000 CASH plus other prizes Operation Entrepreneur is a business plan writing competition aimed at giving you a chance to turn your entrepreneurial dream into reality. If you think you have a good business idea,
      183 words
  • Page 29 Miscellaneous
    • 1152 29 BHPHfIS Off Limits. 10.30pm. SBC 5 f Willcm l)a foe and (ircg Mines arc two investigators in search of a prostitute killer in Saigon. 1 heir suspect kills himself and they think the case is closed. j Hut it soon appears the> are 4 mistaken, for the killings start i
      1,152 words

  • REGIONAL ANALYSIS
    • 1698 30  -  The two faces of China FRIEDRICH WU FRIEDRICH WU The writer is vice-president and head of economic research at the Development Bank of Singapore Special to BT SINCE its inception of the "open door" policy in the late *****, China has succeeded in attracting
      1,698 words
    • 951 30  -  LIM SOON NEO LIM SOON NEO The writer is a BT correspondent covering Taiwanese and Hongkong affairs IN THE LAST few years, some mainland Chinese companies have turned capitalistic, raising capital by offering shares to investors in Hongkong, China and even the United States. Judging
      951 words
    • REGIONAL
      • 94 30 SOUTH KOREAN companies are gearing themselves to raise huge amounts of money from international capital markets, banking sources in Seoul say. Under stock exchange regulations, foreign investors can own up to 25 per cent of the paid-up capital in a Korean company if the money is
        94 words
      • Article, Illustration
        58 30 WHAT DO political hasbeens do? Some choose to be diplomats. others prefer to relax. But Indonesia's once powerful military commander, retired Gen Benny Murdani may do something very different: study. Murdani, who was dropped from Suharto's new Cabinet, is rumoured to be preparing for studies abroad possibly
        58 words
      • 124 30 PRESIDENT Fidel Ramos, known to be cool even in times of crisis, recently blew his top when his legal advisers "misled" him into signing a document to create a committee supervising the union of the rivalling Manila and Makati bourses. Word reached him late that his move
        124 words
    • 1612 31  -  The two faces of China YONG POW ANG YONG POW ANG The writer is a BT correspondent specialising in Chinese affairs WHEN Chairman Mao Zedong died on Sep 9 1976, eight months after the demise of Premier Zhou Enlai. he left behind a
      1,612 words
    • 1194 31  -  Special to BT ZHANG XINXIANG ZHANG XINXIANG The writer is a lecturer in sociology at the Motional i 'niversity of Singapore MUCH HAS been said of China's era of reform but little of its underyling social dimension. Yet this must be understood for a better grasp
      1,194 words

  • Page 31 Advertisements
    • 30 31 SELLING POINT If ever you have to sell ice to the Eskimos, let us offer you a pointer or two. Advertising Marketing. Every Friday. SINOAFORF ril BusinessTimcs WE KNOW ASA
      30 words

  • 545 32 EDITORIAL TO USE a football metaphor, the Socialists in France scored an own goal and lost in the first round of French parliamentary polls. Many punters have described the result as a trouncing for the Socialists. But the fact is, the French right won about the
    545 words
  • WHAT THE OTHERS SAY
    • 286 32 THE THREAT posed by Islamic extremists hangs menacingly over the Maghreb, with Algeria and Egypt being the key states. Algeria has renewed the state of emergency it imposed early last year, postponing political talks with the moderate forces until the extremists have been defeated. Egypt
      286 words
    • 179 32 BY CALLING for an early election on 25 April and emergency rule, Russian President Boris Yeltsin is trying hard to save himself and his entire failed reform programme. He is dividing the country into three factions: those loyal to him, those loyal to Parliament, and
      179 words
    • 205 32 DURING AN INTERVIEW with Reuters, Finance Minister Richard Hu discussed why Singapore cannot be like Hongkong. The gist of his discussion is that Singapore cannot follow the laissez-faire example of Hongkong, where every four or five years the average investor incurs heavy losses in speculation. The
      205 words
    • 203 32 DURING Sir Piers Jacobs' tenure as Financial Secretary, as his successor Mr Hamish Macleod can expect to be reminded by Legislative Councillors in the Budget debate this week, "broadening the tax base" became an annual Budget catchphrase. Despite his best intentions, Sir Piers never found
      203 words
    • 155 32 AUSTRALIA will be playing host this week to a security conference involving representatives from the Asia-Pacific region and the five permanent members of the UN Security Council. The conference will make a detailed evaluation of the UN Transitional Authority in Cambodia (Untac) and assess the role it
      155 words
  • Article, Illustration
    718 32 New states mean new currencies. And the breakup of the former Soviet Union means a windfall for currency printers AP EVERY business tries to make money, but few do it like De La Rue pic, the world's largest currency printer. It is making a bundle ofT the collapse
    AP  -  718 words
  • Page 32 Advertisements
    • 340 32 |J| rn Highlights 1992 Hongkong Land Substantial Rise in Property Values Net asset value per share 18.2% Earnings per share 0.6% Dividends per share 5.6% Property portfolio U555,336 million Shareholders' funds U555,103 million Net debt US$2OB million Property portfolio 97.5% let 20% of Trafalgar House acquired The Hong Kong commercial
      340 words
  • Page 32 Miscellaneous
    • 79 32 f Tb <NOW"TVIg.C*\*P I nokj oescßifceD-rvwr 1 tvwt D€.s»Gi3eri it I rue. I L I SCHOOL yoU MIT TH€_ NPUL *->. V J 1 WW v^_ POONESBURY GARRY TRUDEAU mny'catNUL what about ccmrsp. thbnewman* nopb.but f HEf£! USTEN TIH SANTA IWMCA* 1 PUT H&500ING? ZONKS A UM...HI NO,Ht*> ONMYMITO'PO YOU\eB&N
      79 words

  • ANALYSIS
    • 931 33 The reduction in interest rates will give Europe's ailing economies a fillip. But economists tear their problems are too deep-seated and more drastic measures may be required NYT GERMANY'S latest reduction of interest rates is a needed tonic for Western Europe's ailing economies.
      NYT  -  931 words
    • 1344 33  -  Stephen Vines talks to the man behind the Ming Pao Enterprise Stephen Vines WHEN Yu Punhoi launched a successful takeover bid for the Ming Pao Enterprise Corp, one of Hongkong's most prestigious publishers, bankers were quoted in Business Times asking the question, "Yu
      1,344 words
  • Page 33 Advertisements
    • 120 33 i Factoring Improved Cash Flow For a tuiinitmy *o grow, you need Factors, your business could goin com* of on your behalf. funds os we* os imagination. a fresh impetus for growth. Like Today, wo ore Singapore's largest E»p«<ially if you're on SMI into the getting immediate cosh odvances factoring
      120 words

  • 516 34 Shanghai paper lambasts Patten and urges Britain to remove him Reuter AFP BEIJING China's Foreign Minister said yesterday that Beijing would make no concessions over Hongkong, and an official newspaper said Britain should withdraw Governor Chris Patten, the focus of Beijing's
    Reuter; AFP  -  516 words
  • 288 34 AP BEIJING China's Foreign Minister Qian Qiehen yesterday blamed rising defence spending in Asia on fears of China fanned by military industries seeking new markets after the Cold War. Mr Qian dismissed those fears as unfounded, claiming Chinese defence spending is
    AP  -  288 words
  • 354 34 AFP TAIPEI A top official here has dismissed reports that Taiwan is easing its ban on official contact with China, four days after another Taiwanese official said the government should start doing this. "The government has not eased its ban on official
    AFP  -  354 words
  • 916 34  -  The Bottom Line S N VASUKI S N VASUKI The writer is aBT correspondent. MIKHAIL Gorbachev must bo an extremely unhappy man these days. Sitting in his pricey think-tank in Moscow (from where he dispenses advice and writes articles on weighty global
    916 words
  • 297 34 Reuter PARIS Gaullist leader Jacques Chirac has urged Socialist President Francois Mitterrand to quit or allow a victorious conservative majority to govern France. Mr Chirac, the conservative front-runner to succeed Mr Mitterrand, was speaking on Monday after the ccntrc-right parties overcame the
    Reuter  -  297 words
  • Page 34 Advertisements
    • 533 34 EOtnPAU CjulTmark^) FULLMARK MICRO PTE LTD T E L 2 2 1 3 6 2 6 it NWF? Vaag Yuying Xu Aiping Zh*ng Shunming Skco Timing The Award-Winning Chinese Cuisine Of Shanghai "*>.«• A 28 March to 18 April 1993 >V J.* v CULINARY TRADITION PAR Our special invitees ire
      533 words
    • 9 34 China's military needs more funds: Party chief, Pg 4
      9 words
    • 299 34 I enhance Memory Products Inc t f MaUMCHAMBRiS 7th EUROPEAN BUSINESS FAMILIARIZATION PROGRAMME FOR ASEAN BUSINESS LEADERS In the context of common initiatives for the development of closer business links between the European Community and ASEAN private sectors, Human Resources Development constitutes a key factor. As part of a series
      299 words

  • SHIPPING TIMES
    • 509 35  -  By Juliette Walker SINGAPORE The Port of Singapore Authority will fork out $328 million for 93 cranes to keep up with expected growth in container handling at its Tanjong Pagar. Keppel and Brani terminals. The bulk of the PSA
      509 words
    • 67 35 WASHINGTON A 1969 file photo of Grayling, the US attack submarine that collided with a Russian nuclear sub in the Arctic Ocean off the kola peninsula over the weekend. The Pentagon said on Monday that damage to the American vessel was minor and no one on
      67 words
    • 369 35 It is still the busiest container port in the US SINGAPORE Worldport LA handled a record-setting number of marine cargo containers last calendar year to remain the busiest container port in the US, officials reported recently. Featuring nine containerhandling terminals, the port in 1992 moved
      369 words
    • 1050 35 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 ASCL 5 5 Asian Breakbulk 16 3 ASXCLShpg 15 2 Avant Shpg 6 4/5 Avia Airways
      1,050 words
    • 342 35 BANGKOK Jutha Maritime Co Ltd will launch a regular service to Ho Chi iVlinh City next month, as it sees high potential in the market. According to president Chanet Phenjati. the company has already studied the practicalities of getting involved in
      342 words
    • 237 35 BANGKOK A committee under the Transport and Communications Ministry has completed draft ministerial regulations on offshore constructions. and will pass them to the government for endorsement. according to a report in The Nation. The draft is divided into three parts: criteria for issuing
      237 words
    • 1408 36  -  There is a new twist to the Virgin-BA legal gymnastics again. Paul Betts and Michael Cassell report from London Paul Betts and Michael Cassell FT IT ALL started politely enough over countless cups of tea in the ground-floor drawing room of Richard
      FT; Source: Financial Times  -  1,408 words
    • SHIPS IN PORT
      • 502 36 Vessd Voy No Berth Arrival Departue Vessel Voy No Berth Vnval Departue Jurong Port Elona SC264C 24/03* P01A 24 03/1100 24.03/1900 Nautilus J2 alongside 24.03/2200 Hm Soon 07A/93 P01C 2303/1400 2403/2000 Pac*o PV 129 J3 alongside 24 03/0700 Hana 4/93 P04 23.03/1500 2303/2359 Patncio Murphy J7/8 alongside
        502 words
      • 1875 36 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS s*> Voy No Containers avaiable S«P Voy No Contarers avaiable Manna Mas 9358NB *****3 0715 Honor River 23W COO(EST) 23.0393 2300 Sealark 289N COO(EST) 22.03.93 2300 Ned Java 3203 COO(EST) *****3 1500 P Arthur 070E COO(EST) 23.0393 0700 Dsr Baltic WF315
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    • 10791 44 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND FN: ship calls at Penang after
      10,791 words
    • 937 51 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1.481 on Monday from 1.476 on Friday. FIXTURES I anker: Firmer rates were seen for Aframax tonnage from the Persian Gulf but few new eargoes emerged. The Petroleum Authority of Thailand took the kos for a
      937 words
    • 331 51 COURSES Title: Workshop on Contrast and Differences Between Hague-Vis-by Rules and Hamburg Rules (5 sessions) Duration: March 27 Organiser FACS World Pte Ltd Tel: 293-4571 or fax: 292-2875. Title: PSA/SFFA Dangerous Goods Course (SDF 70%). Duration: March 31 Apr 30 (8 evenings) Organiser: Singapore Freight Forwarders Association Tel:
      331 words
    • AIR AND LAND TRANSPORT NEWS
      • 639 54 Reuter BANGKOK The Asian air travel industry, flying high thanks to the region's booming economies, is facing the problems of success as voracious demand starts to strain ty"One of the things we are worried about is the traffic growth constraints lack of airport capacity
        Reuter  -  639 words
      • 281 54 Reuter CHICAGO McDonnell Douglas Corp chairman and chief executive officer John McDonnell said that he expects the company to do substantially better in 1993 and in the future, despite a poor external environment. The company also will substantially reduce its aerospace indebtedness in
        Reuter  -  281 words
      • 87 54 SINGAPORE This is the BMW Zl3 concept car. Measuring 344 cm in length, 164 cm in width and 132 cm in height, it is probably the smallest Beemer to be produced. The body and frame are made of aluminium to achieve an incredibly light
        87 words
      • 304 54 AFP WASHINGTON The aircraft giant Boeing Co said on Monday it was pressing the US administration to help end attractive aircraft leasing arrangements being offered by the European consortium Airbus Industrie. The so-called "walkaway jet leases" have allowed Airbus to gain
        AFP  -  304 words
      • 203 54 Reuter DUBLIN The future of GPA Group pic, the world's largest aircraft-leasing company, is finely balanced as it fights for an equity injection it considers vital to carry ing out a financial restructuring, according to analysts. GPA, burdened with debts of
        Reuter  -  203 words
      • 434 54 NYT WASHINGTON The Federal Aviation Administration (FAA) on Monday proposed a regulation that would prevent the pairing of a pilot and copilot if both have only 75 hours of operating time in the type of airplane being flown. The proposed regulation was
        NYT  -  434 words
      • LOG BOOK
        • 97 54 AFP CHICAGO UAL Corporation. United Airlines* parent company. nominated former US trade representative Carla Hills to serve on its board of directors on Monday. "Hills' vast experience in business and government, coupled with her worldwide reputation on international trade policy, make her an
          AFP  -  97 words
        • 87 54 Reuter LONDON British Shipping Minister Lord Caithness welcomed a voluntary code aimed at reducing the risk of pollution from oil tankers around the UK coast. "I very much hope that tankers of all tlags will follow it," a government circular quoted Lord Caithness as
          Reuter  -  87 words
        • 54 54 Reuter KENNEDY SPACE CENTRE, Florida A plume of smoke rising from the launching pad as the main engines of the space shuttle Columbia ignite and then shut down late on Monday. The flight was aborted with three seconds showing on the press centre clock. The crew of
          Reuter  -  54 words
        • 121 54 Bloomberg Business News ATLANTA. Georgia United Parcel Scrvice (UPS) said on Monday it installed a satellite earth station to provide a direct link between the US and Germany. The station, at UPS's data centre in Mahwah. New Jersey, will reduce the potential for data-transmission failures
          Bloomberg Business News  -  121 words
        • 109 54 Reuter ATLANTA A US judge approved payment of more than USSSO million (SSB2 million) in cash and US$4OB million in discount travel coupons to millions of US airline passengers to settle a class-action suit that accused major airlines of price-fixing. Over objections from more than 25
          Reuter  -  109 words
        • 105 54 AFP GABARONE. Botswana Out in the remote Kalahari basin, preparations are afoot to build a 590-kilometre road across the Kalahari desert. The Trans-Kalahari highway, on which work is scheduled to begin this year, is Botswana's most ambitious, expensive and controversial road project to date. "The
          AFP  -  105 words
      • 1600 54 City Fl» ETA Fig* |TD_ Oft Fltf* CTA Fltfrt CT> MjtaMg SQ227 2230 CWy SQ/VN171 1420 SQ/VN742 2105 Amman RJ183 2335 Hongkong SQ1 1205 CX714 0840 «895 |g| W3M gig jj» SJ662 09>| KL838 2350 1700 SO86O 1330 gQgg, 1735 Q^ 77 1500 Auckland NZ21 1705
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  • Page 35 Advertisements
    • 60 35 "THE VITAL UK W MAIAYHA" Rail-link Express provides a total service 10 save your money time and worry at dm deliver your goods speedily and promptly to your destinations in our organsed Malaysia road networks Rail-Link Express (S) Re Ltd T*<: 354-1223 Fax *****10 j OUR SERVICES... Express Pare*! Bulk
      60 words
    • 26 35 Lines and services represented by Members of the Registry of Accredited (s&S&x Shipping Agents, Singapore National Shipping Association For advertising enquiries, coiitact Shipping Times: Tel 740-2089/740-2090
      26 words
    • 53 35 *CARGO-PAK Ensure optimum protection for your «*goes transport at law costs. FUJI TRADING (SINGAPORE) PTE LTD p2j TEL: *****55 FAX: *****43 The Virgin-BA saga continues, Pg 2 Success brings headaches for Asian airlines, Back Pg X\Jr-TIC-TECH-TOE To avoid stalemates, try some fresh strategies. Innovation Technology. Every Thursday. "W^kSINGAPOKh® Business Times
      53 words


  • Page 37 Advertisements
    • 3086 37 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES BOOKINGS TEL: *****34 *****58/ *****40 \l|fKT W CFS (PSA F5) TEL: *****21/ *****79 ■llllf JARDINE SHIPPING AGENCIES SDN. BHD. PBdwdH PETALING JAVA TEL 03-*****76 FAX 03-*****42 VV/ J 7 rr r PENANG TEL *****4 FAX *****1 CFS TEL *****6 Dedicated to Quality Service
      3,086 words
    • 629 37 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 fcmiAsc]k Junked arm shippihg co./sag)HM W To US EM Cowl ta~ wr I a me I w I MI I BNSMWOW 211 Ml 27 4 .104 MUHWIMIM 11/4 14 5 Hi 17 S 1104 SMI* IOS« ROM* 21 4 215 II S
      629 words
    • 118 37 MAERSK LINE~ B l California US Gulf US Atlantic East Canada All Water Service 881 m|H BH HH HH 9IH fl|H|J||H Mediterranean Sea SO QQ *****1E531E38H DH a2Q EtAa EEH 3BIQD E«S] IlEm I BESaBaaiBSMBSBBaMtidmEBIsgIBffMK MIIHMI To Middle East India Pakistan-East Africa Sri Lanka BiBHH Africa ehi mi BH iHI
      118 words

  • Page 38 Advertisements
    • 125 38 U Hapag-Lloyd D'AFFRETEMENT ***** 1 ONTAINER SERVICE OUTBOUND TO NORTH EUROPE C±v3£^BHHK2^IKLLiLUMEZ9HH!ZZZ«2H^E]2i2Z3IHDj2fIHE2k2HH!II23I| OUTBOUND TO MEDITERRANEAN Also accept to Milano. Malta. Algiers and Casablanca via Marseille !i. M iurniT n OUTBOUND TO ARABIAN GULF. KARACHI BOMBAY R OCEANUS SHIPPING AGENCY PTE LTD CR NO: **********0R 04-51/53 ANSON CENTRE. SINGAPORE 0207 TEL:
      125 words
    • 104 38 BkJH r\_ HkJI Militzer Munch IvlOclvl International Forwarders FULL CONTAINER SERVICE TO WEST AFRICA OUNICORN-DELMAS SERVICE rtt D E L M A S MARITIME DELMAS VIELJEUX At General Agents: I SEALION SHIPPING (S) PTE LTD I Singapore: I SALES/BOOKINGS TEL: *****81 (10 LINES) I TLX-RS ***** FAX: *****41/ *****36 mEL
      104 words
    • 1501 38 im I REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALG BCL* VAL* HAM BRE# ROT ANT# FEL LHA NOMSIA SUSAN 9303 S 25/03 15/04 17/04 l«/ 04 19/04 20/04 21/04 22/04 23/04 24/04 NORTHERN )OY 304H 01/04 22/04 24/04 25/04 27/04 28/04 29/04 30/04 01/05 02/05 NORASIA SING* 9305-3 08/04
      1,501 words

  • Page 39 Advertisements
    • 297 39 SBSO3BHI y« ©]gj@ YMMQI ILEME Weekly Round The World Container Service PHONE: 222-2212 FAX 222 1833 TLX: RS ***** CR. NO. **********0G fmrK SIM SWEE JOO SHIPPING M SDN. BHD. REGULAR SERVICE TO BINTULU/MIRI VESSEL VOY PKL PGo" KUC SIBU BTU MIRr SWEE LOWG SATU 3S 29 3 31 3
      297 words
    • 1566 39 SINGAPORE AGENT: PXti 1 riftf'Q| p&0 Containers (Singapore Agencies) Pte Ltd A \XV/ 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel 225 2233 Telex RS ***** PNOCSP Fax 225 5327/222 7517 r v CR Number **********0Z EXPORT IMPORT VESSEL *0* -PUG 'PKG SIN ALG SOU ANT ROT
      1,566 words

  • Page 40 Advertisements
    • 752 40 INDONESIANiffIONA^IN^^ EXPRESS SEMT- CQNTAiXg RsfliP SERVICE «t DOT iTWj wnm »CM H-BUtC I BMMUI WTIKlif Wm>M 34W8 28-30/4 I 30/S 4/6 t/t~ 10/6 ►TO AUSTRALIA* »> FULL_COfrftVMNER EAST COAST POUTS Wl VOY PKL SPOW SYD MILB WIS ftt ADtl Amo lAYAKABIA 75S 23/3 24 3 IS/4 1»4 2»/4~ PC I*
      752 words
    • 2298 40 HANJIN SHIPPING I FDRVSI SM I LME HAUL SEA PW FDR VSI SM IIME HAUI SAV HM NYC HANJIN HAMBURG 013E 28 3 OttECT 22/4 24/4 HANJM HAMBURG 013E 28 3 M PLENTY 027E* 6/5 7/5 J/5 HANJIN SMGAPORE 009E 4 4 DIRECT 29/4 1/5 MAWM KNANGYANG 100E St H
      2,298 words
    • 189 40 r O EVERGREEN 1 Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) US WEST COAST/PNW SERVICE OUTBOUND INBOUND FAR EAST/RED SEA/MEDITERRANEAN outbound MED/RED SEA/F.E. FAR EAST/ SRI LANKA/ INDIA/ PAKISTAN/ FAR EAST OUTBOUND INBOUND RTW SHIPPING (S) PTE LTD M SIA Agents: GREEN PENINSULA AGENCIES SDN BHD
      189 words

  • Page 41 Advertisements
    • 1084 41 1L EXP f )f^' ir J| ImHBIBbIMbB Hi BBHpilßclla ■l^^ggfflgp HR9H i^^SH ii|S| 11SSSH IMPORT ~"_ZIL U J I wpW|W^^^^MMjjW» BE^J n m*mm-mm-m LJ B*NB Itiff jl I I B*FB WW ww B*! SI UmmJß B*t*BHMß■*•"■■UßnßbmhiVHrnVmTTT'W B^ltH I t'J/iA'WW ■ftrH ■n H I V-<B ipwiy f y»| B^*fv— r*™ Bl
      1,084 words
    • 1115 41 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND-MSCHARCIHC WESTBOUND—LOADING TRANSHWED Vl*
      1,115 words

  • Page 42 Advertisements
    • 1606 42 S- W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) w v V vn TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 1 BJ MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BHD A MbmJ JL MmJ TEL 5A*****00 PK *****75 PEN *****0 JB *****1 PGU *****E/6 KAWASAKI KISKN KAISHA, LTD P.T.
      1,606 words
    • 1100 42 PHI LI-on If NT urns PU LTD V 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 28 MAR SYDNEY, MELBOURNE. BRISBANE. FREMANTLE 4 APR AUCKLAND. WELLINGTON. LYTTLETON. NEW PLYMOUTH.
      1,100 words

  • Page 43 Advertisements
    • 1055 43 JM PACIFIC INTERNATIONAL LINES (PTE) LTD^ 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I CR NO **********06 I VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN SIAM BAY UN S/3 28/3 1/4 EQUATOR HAWK 85N M/ 3 31/3 4/4 BAV 18N 25/3 28/3 1/4 KOTA INOAH 3231
      1,055 words
    • 1957 43 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p|P GUOANG PENANG PKELANG OCEAN VSL/VQY SIN SOU (1) RTM (2) HAM (3) GOT (4) E 26/3 26/3 27/3 AROSIA 3112 30'3_ 16/4 18/4 19/4 21/4 2/4 2/4 3 4 NIHON 3122 6/4 23/4 25/4 26/4 26/4 Q gTa 9/4 10/4 BENARTV 3132
      1,957 words
    • 329 43 I BSA° TRANSPORTATION MVA MYANMA "PMI FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P Klg Pen P Gdf MYOMA**A ¥147* In Pi Std 26 '28 M* PAIWW VI22W 21 31 M* 26/» Mar PAGAN VI9SW 5 08 hpt HP* AN VIBBW 07-09 Apr 01-03 Apr
      329 words



  • Page 46 Advertisements
    • 1268 46 c Bj^BH 1/ O A' 7' o A' I A' .V <~> 7} T I 7 1/ O H 5 WWMHMI SHIPPING jfejß Klltl^l'tlH -L v TO AUSTRALIA/NEW ZEALAND \rSl TS, Frem Met> [~S»d Auck [p. Clukn ELLEN HUOK 306 To/4 16/5 21/4 24/5 30/4 2/5 BRUSSEL 307 2«7i V
      1,268 words

  • Page 47 Advertisements
    • 404 47 MEDITERRANEAN SERVICE EUROPE MAIN CONTINENT j wl fx J S A/CANADA AUSTRALIA/NEW ZEALAND INDIAN SUB-CONTINENT MIDDLE EAST STATES FAR EAST PORT 11IJ ilil/Ail]i\)] IU iiftWiMHli t \lj »j If* M <Qnierasia Jllnes P T PERUSAHAAN PE .AYA RA Nj VP® KALIMANTAN j DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vessel ETA/ETD
      404 words
    • 788 47 (2 RICHFIELD MARINE AGENCIES (S) PTE LTD W TEL: *****33 (12 Lines) Z FAX: *****15/*****03 CO J TELEX: RS ***** RISHIP (3 Lines) P*\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA ILOADING tOft SPORE ANDINET 30WB~~ IVO4 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAAA ABYOI
      788 words
    • 695 47 JAKARTA BANGKOK ttSSU VOY SIN XI I VESSEL VOY SWSAPOKE BANGKOK VWA BHUM IS3S In P« 27/3 MAHA BHUM 1 15QN Wed hi Pt Sit 28, 3 RAIA BHUM 70S 26/3 30/3 C KOfINIStV 19N Ihu 25/3 Sun 28/3 THANK BHUM TH 2773 31/3 IAKU BHW IJ9N frj 26/3 Man
      695 words
    • 390 47 IKER-ME BAY OF BENGAL SERVICES iker mam 5* h Pvt 31-oi/M hum I HOP BROGf 249* MM 0} 04 06 04 1213 04 IKJtR SIM 60N 31 01 04 07-01/04 14-15,04 I COW BOWVKU 250W 05 06 04 1113/04 19-20/04 VESSEL *OT SH C* TIGER AIKR 164CW 2* 29 03
      390 words

  • Page 48 Advertisements
    • 1602 48 P>*Nmn container lines |£J\s/\HJAgents: 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. *****22 GLOBELINK FORWARDERS PTE LTD TEL: *****33 (18
      1,602 words
    • 235 48 w- BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN AKL LYT SIN PREMIER 23S 5/4 17/4 19/4 4/5 AUST STAR 86S 20/4 2/5 4/5 20/5 FGUARD BAY 2S 1/5 13/5 15/5 1/6 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON. ACCEPTING FCL LCL FOR NEW PLYMOUTH.
      235 words
    • 1091 48 f THONG SOON LINES PTE. LTD.] 77 ROBINSON ROAD #15 00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11. *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING LINE: *****55 SINGAPORE TO SARAWAK VESSEL VOY SPORE PEST VESSEL VOY SPOKE PEST EQUATOR 111 83/3E 26
      1,091 words

  • Page 49 Advertisements
    • 471 49 Everett Lines Everett Steamship Corpn.S/A Clifford Centre PESAKA JARDINE No 7 Weld Quay Singapore P.Jaya Tel *****84 Ist Fir Rm No 3 Penang Tel *****81/5 P.Klang Tel. *****18 Tel *****5 A *****0 I IF SUNSHIP AGENCIES PTE LTD 20 McCallum Street #16-01/03 As/a Chambers Singapore 0106 r Tel: *****22 (10
      471 words
    • 333 49 VS* glory navigation group REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG °AT ATTRACTIVE RATES 0 CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VI 20/3 25/3 25/3 5/4 GLORY SELATAN VIII 8/4 13/4 14/4 4/5 SP PKL HCM HK KAO GLORY SELATAN X 20/4
      333 words
    • 723 49 #PGSL -WORLDWIDE PANAMA —GLOBE STEAMERS LINES REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU A SHANTOU Connecting Feeder to Huang PuSUI 11)0 CONTAINER NO 2 Connecting feeder to Shantao LIAN BO NO 9 WE HV LEASING CONIRS FOR RENIAL SAILING TO PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO
      723 words
    • 107 49 [flH'Klll LUCKY SEAWAY SERVICES PTE LTD I V* TLX: ***** FAX: *****77 UKSTBOE Nl) KASTBOI M) TEL: *****29 FAX: *****18 ARABIAN EXPRESS LINE I M lUMII UMI SHIPPING (S) PTE LTD U V g IWCOHPQIUTEO IN SIWCAPORE TRANSLINK NAVIGATION S.A. UL ar D,R EC T CONTAINERISED SVC BREAKBULK SUBJ INDUC
      107 words
    • 28 49 (P) PTC CONTAINER LINES .XC FCL/LCL SERVICE General Agents: POH TIONG CHOON SHIPPING P L TEL: *****66 FAX: *****41 TLX: R*****6 (CR NO: **********0K) WEEKLY LCL FCL SERVICES
      28 words

  • Page 50 Advertisements
    • 42 50 FAR EAST PORTS INDIAN SUB-CONTINENT EUROPE WEST MED POINTS) AUSTRALIA Biifi LI4I i A^\A^^^^^^^^^^^H|l||iA||||||||if^E ESPANA LINES (Member of Kspnna (irou|)) ME N G HORNG SHIPPING PTE LTD I g*Ti I grZWjj MMBSMWBHS3I^BCR!3MEC3BKDE3BEro3 1; a i»k»u 11 t.i :i -.i];?.»■tTi'iß iKim BMigE3MKIB3MCK!IMCS!3BEniMCBi3 EB^SIIISIB
      42 words
    • 478 50 y Conrerm *W CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND STH APRIL •ACCEPTING TO ALL PORTS IN NEW ZEALAND PENANG 1 APR PORT KELANG 1 APR JAKARTA 28 APR BANGKOK 28 APR FREMANTLE 1 APR SYDNEY 28 MAR MELBOURNE 28 MAR BRISBANE 30 MAR HAMBURG 27 MAR FELIXSTOWE 27 MAR GOTHENBURG
      478 words
    • 445 50 This Week's Sailings Singapore I II FIRST FORtt AKDtI IN lo: KID lo: ETD ASIA AWARDH) Singapore Singapore ISO «f§2 BV IJMM KVKRY KVKRY Bangkok SI N Hamburg SAI KVKRY EVERY Manila SL'N Ho Chi Minh FRI ISlRj?; :L EVERY EVERY V Colombo TUE I>os Angeles SL'N T J| INTERNA
      445 words
    • 169 50 I NIPPON EXPRESS Arrow International (Worldsick Consolidation System) WEEKLY TO: TOKYO/YOKOHAM.VNAGOY A/kAOSHILNG/ I IONCi KONG/BANGkOk/kELLUNG/kOBE/ LOS ANGELES (LONCi BLAC H)/M W YORk/ CHICAGO/SYDNEY/MELBOURNE/HAVtBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRI CK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI. SHAH ALAM ARROW EXPRESS
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  • Page 51 Advertisements
    • 1646 51 VESSEL/VOYAGE SHGAPORE DURBAN PORT ELIZABETH CAPE TOWN VAAL V9265F 31/3 12/4 14/4 16/4 NEDUOYD CtXOMBO V9364F 10/4 22/4 24/4 26/4 OSAKA MARU V9469f 20/4 2/5 4/5 6/5 HAKATA V9332F 30/4 12/5 14/5 16/5 OWANJE V9509f 9/5 21/5 23/5 25/5 HAYAKAWA MARU V9668F W/5 31/5 2/6 4/6 "ALSO ACCEPTING AIR CARGO
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    • 66 51 "BANGKOK" P.A.T. KLONG TOEY PORT ETA ETA VESSEL VOY SIN BANGKOK VAHA BHUM 150N 24/03/93 28/03/93 NANTA BHUM 134N 27/03/93 30/03/93 MAHA BHUM 151N 31/03/93 04/04/93 NANTA BHUM 135N 03/04 93 07/04/93 (MAHA BHUM IS A FULL THAI FLAG VESSEL) ETA ETA ETA VESSEL VOY SIN MANILA CEBU AKA BHUM
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    • 109 51 ™J!-^S|JJ|^^^^y^™^RYSTAI^REIGHT^ERVICE^TELTD fl TOLL FREE LINE *****88 -gft V_U/U«/ MAIN LINE: *****88 W *SU>W PORTS I IKW ZmJUM/ABSTUIU I tlllWfl J BANGKOK 28/3 31/3 AUCKLAND 4/4 ANTWERP 28/3 BUSAN 27/3 ADELAIDE 1/4 FELIXSTOWE 27/3 HONG KONG 31/3 5/4 BRISBANE 1/4 HAMBURG 28/3 JAKARTA 28/3 28/3 ROTTERDAM 28/3 SURABAYA 28/3 WASfv 11,1
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  • Page 51 Miscellaneous
    • 344 51 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOI* OOOO 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 *t 21 2.7 2 3 1.7 1 1 0 7 0.6 0 6 0.8 1 3 2.0
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  • Page 52 Advertisements
    • 1537 52 EES FREIGHT SERVICES PTE LTD ukc conventional service F #01-60 Wallich Building. VESSEL PKL PNG PG LOADING FOR MW m 4 r»on"7 a vessel 28/03 Rottec dam- Antwerp ***** Wallich Street, Singapore 0207 Tel: *****66 (10 Lines) Fax: *****69/*****44 CHIN* CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR A
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    • 313 52 WORLDGATE EXPRESS LINES PTE LTD Tel: *****11 Fax: *****73 Telex: ***** WGATE NEXT VESSEL CONSOLIDATION TO BOM/KAR 29/3 JAKARTA 28/3 COLOMBO 29/3 PORT LOUIS 26/3 KEELUNG 30/3 HONG/KONG 30/3 KAO/BKK 27/3 CALCUTTA/MADRAS 25/3 NATIONAL EXPRESS I J FORWARDERS (S) PTE LTD 133 NEW BRIDGE ROAD #14-02 CHINATOWN POINT SINGAPORE 0105
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  • Page 53 Advertisements
    • 231 53 Singapore Agents: MAJU BOUSTEAD SHIPPING PTE LTD CR NO: **********0Z TEL: *****66 FAX: *****71 TLX: R*****3 I ASIA-EUROPE EXPRESS (AEX) CONTAINERISED SERVICE FULLY CONTAINERISED TRANSPACIFIC SERVICE r?w DEDICATED STRAITS SERVICE REGULAR CONVENTIONAL SERVICE TO PERSIAN GULF Malaysia Agents: BOUSTEAD SHIPPING AGENCIES Compagnie Genera leMaritime^^ LICORN SHIPPING AGENCIES (S) PTE LTD
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    • 110 53 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Line*) TLX RS ***** ARS ***** EASTKKN C.\K LINER LTD. WALLENIUS LINES MALAYSIAN AGENTS 11.5.11. V.l/.H slit) Sdlt. *****1. KUALA LUMPUR Tel *****66 *****4 C *****72 TLX MA***** PORT KELANG Tel *****% *****96 TLX'MA397IS *****93 368'494 PENANG Tel 62C288 TL* MA4C333
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    • 122 53 9 MOI Mitsui O.S.K. Lines. JLtd FULL CONTAINER canada B-1 far see Tuesday and THURSDAY advertisements CONVENTIONAL/SEMI-CONTAINER SINGAPORE MITSUI OSK LINES (SINGAPORE) PTE LTD FAX *****73 TLX R*****1 MOLINE MARKETING *****86: FREIGHT DOCUMENTATION *****98 USA SERVICE *****41. *****03 ADMIN/OPERATION *****11 PSA PPW (GDN P4) TEL *****92. *****32 CONTAINER TERMINAL: TEL:
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  • Page 54 Advertisements
    • 8 54 IfjKiV I V techndidSt^ Tomorrow in Business Times
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    • 47 54 LEfT E CHNOIDG Y| [Tomorrow in Business Times The best Business Class to Europe? Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles ahead of its competitors. Call your travel agent or 733 3377 for more details. know the world from start to Finnish.
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