The Business Times, 31 March 1993

Total Pages: 52
1 52 The Business Times
  • 13 1 Business Times MITA (P) 552/12/92 Wednesday March 31 1993 WE KNOW ASIA 75*
    13 words
  • 2am LATEST
    • 61 1 Reuter ROME Italian Financc Minister Franco Reviglio resigned yesterday day after magistrates warned him he was being investigated on suspicion of corruption, his spokesman said. Milan magistrates had warned Mr Reviglio earlier yesterday that he was suspectcd of receiving stolen goods while he was chairman of
      Reuter  -  61 words
    • 51 1 Reuter PARIS President Francois Mitterrand yesterday appointed a centre-right Cabinet with Gaullist Alain Juppe as Foreign Minister and centrists Francois Leotard and Edmond Alphandcry holding the defence and economics portfolios. Mr Mitterrand approved a list of ministers proposed by the new Prime Minister Edouard Balladur.
      Reuter  -  51 words
  • Article, Illustration
    109 1 Stock market indices Tuesday Change STll 1,669.76 -0% KLSE Composite 638.92 +0.05 Nikkei 18.963.16 -85.22 Hang Seng 6,406.49 SET Index 849.20 -8.84 Jakarta Composite ...311.27 +0.77 CLSA China B 1,391.40 +9.44 Aust All Ord 1.678.2 FrSE 100 2.861.0 M4.5 Tuesday Previous I lam close Dow Jones 3,452.94 3,464.56
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  • 159 1 AFP BEIJING China's new vicepresident Rong Yiren said yesterday he was stepping down as chairman of China International Trust and Investment Corp (Citic), the country's most powerful investment vehicle and manager of foreign capital. Nicknamed "the red capitalist", Mr Rong, 77, was
    AFP  -  159 words
  • 498 1  -  From Leslie Lopez in KUALA LUMPUR THE Malaysian economy is set to slow down in 1993 after six years of rapid expansion, allowing planners an opportunity to tackle severe infrastructure bottlenecks, the central bank said yesterday. "This is a crucial year for the
    498 words
  • 378 1  -  By Alec Almazan SINGAPORE A mistaken report suggesting that Hongkong Governor Chris Patten might quit his job early triggered a sharp rise of the Hongkong stock market yesterday. Agcncc France Press quoted the Singapore Broadcasting Corporation's INtv news service as
    378 words
  • 533 1  -  From Stephen Vines in HONGKONG CHINA says it has forced Britain's Jardine group of companies into a humiliating pledge to correct "its past mistakes". Tong Zhiguang. China's Vice-Minister of Foreign Trade and Economic Cooperation, told reporters in Beijing that the pledge was
    533 words
  • 510 1 Reuter, AP. BRUSSELS The United States yesterday demanded major changes to a draft pael to liberalise world trade and told its partners to stop wasting time debating whether the Administration stood for free trade or for proteetionism. In one of
    Reuter,; AP.  -  510 words
  • 119 1 Reuter BRUSSELS Japan's envoy to the European Community has rejected US charges that Tokyo is acting as if it was not interested in a Ciatt accord and said Trade Representative Mickey Kantor seemed out of touch with reality. "He has a
    Reuter  -  119 words
  • 257 1  -  By Ramesh Divyanathan SINGAPORE Taxi-opera-tor Singapore Commuter Pte Ltd said yesterday it is looking into running cab services in Chinese coastal towns. The local firm added that it has signed two agreements and a US$l million (SSI.6 million) contract
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  • Page 1 Advertisements
    • 187 1 fc^^^DotMatrixWntojß I PM Amato says Italy needs efficient govt, Back Pg Balladur meets Cabinet hopefuls, Back Pg CONTENTS N«ws Companies S'pore News 2 S'pore44sia ...9,10.11 Regional News 3.4,5 Financial 13.14 World News 8 Features Markets Analysis 31 Ctob/KLSt. S£S 23,24 Edrtortf 30 Regional 21 Sports 25 Wortd 22 TV lifestyle
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    • 29 1 Regional Analysis When five new trends sweep Asia Pk 2H Growth forecast to slow down to 7.6 pc Pg 7 Concern over banks' exposure to property loans Pg 7
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    • 8 1 Our business HOTLINES 734 6878 C? 734 6128
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 378 2  -  By Schutz Lee SINGAPORE had to export more to pay for each unit of import last year compared to 1991. and continued to face falling terms of trade in the first two months this year. Terms of trade is the ratio of export prices to import
        Source: Dept of Statistics  -  378 words
    • 136 2 MEDIFUND, the endowment scheme set up by the government to help Singaporeans pay for medical care, will start from tomorrow. Health Minister Yeo Cheow Tong has appointed a Medifund advisory council to provide advice on the use of the fund and to make recommendations
      136 words
    • 402 2  -  Reports by A J Leow SINGAPORE is signing two agreements with China and Germany today that will help its construction companies venture abroad as well as keep up with the latest technology. Minister tor National Development Richard Hu said yesterday his
      402 words
    • 162 2 AN EXHIBIT worth USSI.2 million (about SS2 million) was sold on the opening day of the Baucon Asia '93 exhibition yesterday. Homegrown Brae Engineering said the sale of a 13m high asphalt plant, which forms the centrepiece of its multi-million-dollar display, was sealed officially vesterday
      162 words
    • 360 2 SINGAPORE contractors clinched more than Si.6 billion werth of overseas contracts last year. The figure, a record, is almost 70 per cent higher than 1991 's. The Construction Industry Development Board (CIDB) said the previous high of 51.069 billion was recorded in 1990. Contracts within
      360 words
    • 244 2 THE National University of Singapore has dismissed lecturer and opposition politician Chee Soon Juan. Dr Chee. 30. a lecturer in neuropsychology in the NUS department of social work and psychology, was given three months' notice two weeks ago that his contract would be terminated
      244 words
    • SINGAPORE ROUNDUP
      • 104 2 THE Singapore government will relax censorship rules for videos further in response to recommendations by the Censorship Review Committee. Under the new rules, video tapes brought into the country by companies for educational or training purposes, or by individuals for private use. will be exempt from
        104 words
      • 137 2 THE chairman of Mobil Oil Singapore, A V Liventals. will leave to take up a new post at the group's head office in Fairfax, Virginia. In a statement yesterday, Mobil said that from tomorrow. Mr Liventals would become vice-president of the group's Middle East
        137 words
      • 44 2 POSBANK will lower its interest rates on savings by 0.25 of a percentage point from April 1. Savings up to S 100,000 will earn 2.25 per cent interest, while savings in excess of S 100,000 will earn 1.5 per cent.
        44 words
      • 93 2 A TOTAL of 10.868 certificates of entitlement (COEs) will be up for bidding in April. The quotas for different categories of vehicles are as follows: 217 for cars l,ooocc and below; 1.710 for cars between l.OOlcc and 1,600 cc and taxis: 318 for cars between
        93 words
  • Page 2 Advertisements
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  • THE REGION
    • 581 3  -  Move likely to hit regional tourism and economic ties with Asean countries From Alan Boyd in BANGKOK THAILAND is considering reintroducing a controversial travel tax on outbound passengers scrapped two years ago after strong criticism from neighbouring countries. The 1,000-baht (about 5564.50) tax, which
      581 words
    • 144 3 Reuter xMANILA The Philippines is losing up to 37 billion pesos (552.38 billion) annually from tax fraud. President Fidel Ramos said yesterday that only two out of five million Filipinos are paying taxes, robbing the government of badly-needed revenue that could have been used
      Reuter  -  144 words
    • 371 3 Reuter BANGKOK Thai Finance Minister Tarrin Nimmanahaeminda said yesterday the Thai economy will grow around 7 per cent a year for the rest of the *****, as regional trade and investment assume an ever bigger role. "Trade and investment with neighbouring countries
      Reuter  -  371 words
    • 469 3 AP PHNOM PENH More than 3,000 ethnic Vietnamese fled Cambodia yesterday after a spate of attacks against the minority group that has left more than 80 dead. They left in a convoy of 500 boats down the Tonle Sap River. They docked here to
      AP  -  469 words
    • 447 3 BANGKOK The chief of Thailand's fledgling Securities and Exchange Commission (SEC) yesterday defended his team of regulators as muchmaligned and misunderstood. Casting aside a prepared speech, SEC secretary-general Ekamol Kiriwat sternly told a conference of international bankers, brokers and businessmen
      447 words
    • 397 3  -  By Schutz Lee SINGAPORE Pressure from outside the US in particular is preventing East Asian countries from openly supporting the East Asian Economic Caucus (EAEC), Malaysian International Trade and Industry Minister Rafidah Aziz said yesterday. Ms Rafidah, who was at a luncheon
      397 words
    • 200 3 Reuter, Bernama KUALA LUMPUR Constitutional amendments to remove the legal immunity of Malaysia's hereditary sultans have become law, a senior official said yesterday. The amendments, approved by the Malaysian Parliament early this month, were gazetted on Monday, Parliament Speaker Zahir Ismail was quoted
      Reuter,; Bernama  -  200 words
    • ASIA NOTES
    • 475 4 Introduction of Bill put off until second half of April AFP HONGKONG Governor Chris Patten's Cabinet failed again yesterday to fix a date for introducing his controversial reform Bill to the legislature. putting it off until at least the
      AFP  -  475 words
    • 309 4  -  Asia Pacific Insight conference Reports by Florence Chong in SYDNEY A "NEW KOREA" is emerging under the government of President Kim Young Sam. who was elected into office this year. Dr Soogil Young, senior counsellor to Deputy Prime Minister Lee
      309 words
    • 262 4 SYDNEY Despite the domestic and international recession last year, Taiwan achieved an economic growth rate of 6.1 per cent. One of the reasons was the implementation of a Six-Year National Development plan, Taiwan's Minister of State Shirley Kuo said here on Monday. Prof Kuo, the
      262 words
    • 435 4 AFP BEIJING It is supposed to guide China's shift to a market economy but there is a small problem: the newly-created State Economic and Trade Commission has no headquarters. It is also in the dark over what its function will be because of
      AFP  -  435 words
    • 557 4 Reuter SEOUL South Korean construction firms have gained lucrative contracts worldwide and the reputation for doing a good and fast job. But inside South Korea, the same companies are blamed for shoddy workmanship, poor quality control and dangerous building practices. A
      Reuter  -  557 words
    • 244 4 AFP TAIPEI Five families in Taiwan with combined net assets of NTS3BO billion (5523.7 billion) are responsible for onetwentieth of the total wealth on the island, a local magazine said in its April issue. The five families, which have combined
      AFP  -  244 words
    • 209 4 AFP TAIPEI Taiwan was the world's 13th largest trading country in 1992, with a record foreign trade of US$l53 billion (Ss2sl billion). Board of Foreign Trade (Boft) officials said yesterday that last year's record trade volume, which represented a 10.1 per cent rise over
      AFP  -  209 words
    • 400 5 UPI TOKYO The number of people with jobs dropped in February for the first time in more than seven years with women the hardest hit amid inereased lay-offs of part-time workers in Japan's prolonged economic slump, the government
      UPI  -  400 words
    • 54 5 Reuter PAKSEY, Bangladesh Rice-laden vans passing through the dry bed of the Padma near the Hrdinge railway bridge here in northern Bangladesh on Monday. The Bangladeshi government says the river, one of the country's largest, has dried up because India siphons off much of its flow at
      Reuter  -  54 words
    • 404 5 Reuter TOKYO The Japanese, once renowned for their love of shopping in high-priced stores, are adjusting their spending habits to suit today's harsher economic climate. With the economic boom of the late 1980s now firmly behind them, previously extravagant consumers are shunning upmarket department
      Reuter  -  404 words
    • 448 5 Bloomberg Business News CANBERRA Current account data released yesterday showing a smaller-than-expec-ted deficit in February, give the Australian government more flexibility to boost growth by increasing spending, economists said. The Australian Bureau of Statistics said the current account deficit last
      Bloomberg Business News  -  448 words
  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 509 4 f CSA 1 CSA HOLDINGS LTD (Incorporated in the Republic of Singapore) The Directors of CSA Holdings Ltd are pleased to make the following announcement:AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1992 The Group The Company 1992 1991 1992 1991 SS'OOO SS'OOO SS'OOO SS'OOO Turnover 121,473 105,680 +15 3,238
      509 words

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  • REGIONAL FOCUS
    • 1014 7  -  Bank Negara Annual Report Leslie Lopez reports on the prospects for Malaysia's economy and, specifically, the banking sector Leslie Lopez KUALA LUMPUR After years of frenzied growth, Malaysia's regulators hope that the economy will take a welcome breather this year. But whether
      Source: Bank Negara  -  1,014 words
    • 674 7 KUALA LUMPUR Malaysia's banking sector continued its profit surge last year but the central bank has expressed concern over the growing exposure of financial institutions to the property sector. The pre-tax profit of the banking system broke the Ms 2 billion barrier for
      674 words
    • IN BRIEF
      • 121 7 PRICES of Malaysia's RSS I rubber are projeeted to increase slightly to 223 sen this year, from 219 sen in the previous period. The slightly higher forecast is due to the expected pick-up in the motor industries of major industrialised nations. But palm oil
        121 words
      • 71 7 AFTER POSTING a growth rate of 17 per cent last year, Malaysian exports of manufactured goods are set to rise by another 16 per cent in 1993. Increased exports of electronic and electrical products, textiles and food items are expected to generate about M
        71 words
      • 61 7 PLANNED crude oil production by Malaysia's national oil company Pctronas is set to be cut to 642.000 barrels per day in 1993 from 659.000 bpd last year. The central bank said the reduction was in line with the objective of the National Depletion Policy
        61 words
      • 77 7 FEARS of a deterioration in gross national savings in recent years appear to be subsiding. As a ratio of gross national product, the country's savings rate recovered to 32.3 per cent in 1992 from 28 per cent in 1991. Bank Negara expects the
        77 words
      • 128 7 FOR THE FIRST TIME in 12 years, reserves of Malaysia's central bank at end-1992 exceeded the country's external debt. Bank Negara's reserves registered an exceptional increase of M 516.7 billion (5510.5 billion) to M 547.2 billion. This compared with an outstanding national debt (both public and
        128 words
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  • THE WORLD
    • 522 8 Move comes after Clinton breaks 3-day deadlock on USS 16.3b jobs Bill Reuter WASHINGTON US President Bill Clinton broke a threedav Senate deadlock on his US$l6.3 billion (5526.7 billion) jobs Bill on Monday by winning support from fellow Democrats, but the short-lived party
      Reuter  -  522 words
    • 45 8 Reuter GLASGOW Rescuers helping a woman who was buried alive for three hours after a three-storey tenement building in the Bridgetown area of the city collapsed on Monday. The collapse is thought to have been due to a gas leakage. Reuter
      Reuter  -  45 words
    • 324 8 UPI, Reuter MOSCOW The president of the European Bank for Reconstruction and Development has added his voice to the calls for helping Russia's crumbling economy by speeding up western assistance. Jacques Attali, who was in Moscow to meet senior Russian officials, said
      UPI,; Reuter  -  324 words
    • 217 8 UPI BONN German leaders opening a Latin American economic summit on Monday hailed the 1990s as the region's "decade of hope" and said liberalised world trade would benefit it more than any purely financial gifts. The three-day session was organised by
      UPI  -  217 words
    • WORLD WATCH
      • 73 8 Reuter JOHANNESBURG It would be disastrous for South Africa if forthcoming multi-party talks failed, the government warned on Monday. "If we do not succeed at the negotiations, an increase in tension will result," chief government negotiator Roelf Meyer told Parliament. Resumed multi-party talks on a
        Reuter  -  73 words
      • 66 8 Bloomberg Business News TOfcYO Deputy finance ministers and central bankers from the Group of Seven industrialised nations will meet in Washington on April 7 and 8. the Nihon Keizai said, citing US government sources. US officials were expected to urge Germany to further
        Bloomberg Business News  -  66 words
      • 73 8 Knight-Ridder LONDON British Chancellor of the Exchequer Norman Lamont is planning to cut ministerial budgets by at least £2 billion (554.9 billion). The Daily Telegraph newspaper reported yesterdav that he wanted to reduce the £254 billion "control total" for 1994-95 (April-March) spending in a bid
        Knight-Ridder  -  73 words
      • 72 8 UPI WASHINGTON US Secretary of State Warren Christopher said on Monday that Washington must increase diplomatic pressure on Bosnian Serbs until they join Bosnian and Croat leaders in accepting a peace plan brokered by the UN and the European Community. He said the US
        UPI  -  72 words
  • Page 8 Advertisements
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  • COMPANIES & MARKETS
    • 493 9  -  By Lilian Ang SINGAPORE Listed City Developments yesterday reported a 43 per cent jump in its 1992 net earnings to $73.35 million, and surprised shareholders with a one-for-five bonus issue. The group's strong bot-tom-line, achieved despite a 7 per cent
      Source: Bridge Info  -  493 words
    • 375 9 SINGAPORE Hit by lower construction material prices, listed Resources Development Corporation (RDC) has reported almost flat earnings for last year despite a 20 per cent rise in group turnover. The company, which is the subject of a takeover bid by Keppel Integrated Engineering,
      375 words
    • 568 9  -  But both firms see a fall in net tangible assets per share By Lee Han Shih SINGAPORE Shareholders of United Industrial Corporation (UIC) and Singapore Land were given a mixed bag of news yesterday. Both UIC and its subsidiary Singland turned in strong
      Source: Bridge Info  -  568 words
    • Article, Illustration
      354 9 Source: Bridge Info Performance of STII's index stocks Mar 30 last Stu lain Mock salt kit factor Borers <$) (!> Aumo I 8S0 0 040 1.53 -57.14 (AC 6800 5.63 C'crcbos 5 200 0050 4.31 -71.4} fAN 12 600 0 200 10 44-285 71 OF Asia 3 080 2
      Source: Bridge Info  -  354 words
    • COMPANIES
      • COMPANY BRIEFS
        • 49 10 SINGAPORE SAL Industrial Leasing, a subsidiary of Singapore Technologies Industrial Corporation, has taken a 3 per cent stake in its customer Compact Metal Industries Pte Ltd for a sum of $550,000. Compact Metal recently received in principle approval for a listing on Sesdaq.
          49 words
        • 78 10 AFP SINGAPORE Cycle and Carriage, a major vehicles distributor in Singapore and Malaysia, has raised three syndicated loans totalling US$34 million (5555.8 million). The company said yesterday that the loans, obtained through its three subsidiaries, will be used to partly finance the acquisition of a
          AFP  -  78 words
        • 47 10 United Pulp Paper earnings double SINGAPORE United Pulp Paper has doubled its earnings to $2.57 million in 1992 from $1.25 million a year ago against a 19 per cent rise in turnover to $40.62 million. Earnings per share worked out to 2.39 cents against 1.32 cents before.
          47 words
        • 59 10 SINGAPORE A severe squeeze on profit margins saw Sesdaq-listed National Kap Ltd's group net earnings plunge a quarter to $604,891 for the year ended Dec 31. Turnover was 6.31 per cent higher at $14.19 million. National Kap directors have recommended a final dividend of one
          59 words
        • 47 10 SINGAPORE Marine engineer Horiguchi Engineering Co Ltd has managed a net profit of $250,000 for the year ended Dec 31, compared to a $240,000 loss for 1991. The turnaround was achieved despite a 17.6 per cent fall in turnover to $19.93 million.
          47 words
        • 28 10 SINGAPORE Amcol Holdings has raised the paid-up capital of its wholly-owned subsidiary, Amcol Engineering Pte Ltd, by $1 million to $2 million.
          28 words
      • 677 10  -  HOCK LOCK SIEW By Loh Hui Yin SINGAPORE The Gulf War would have bombed Singapore Petroleum Company's public share offering in September 1990 if not for the deep pockets and faith of the Kuwaitis. Through the Kuwaiti government's investment company,
        677 words
      • 361 10  -  By Quak Hiang Whai SINGAPORE The Insurance Corporation of Singapore Ltd (ICS) yesterday reported a group net loss of $446,000 for 1992. The listed insurer, a member of the DBS Bank group, had reported net earnings of $10.38 million
        361 words
      • 322 10  -  By Dexter Lee SINGAPORE Bus operator Tibs Holdings certainly knows how to endear itself to shareholders. The company made a record profit last year. And it has decided to share its success with stockholders by giving them a higher dividend and bonus shares.
        322 words
      • 310 10  -  By Sylvia Wong SINGAPORE Pertama Holdings Ltd has started a hire-purchase scheme at its hi-fi and electronics stores. General manager David Chang said yesterday the move was part of a plan to win a bigger market share and give the group a more upmarket
        310 words
      • 297 10 SINGAPORE Electronics manufacturer Acma Ltd has reported a 34 per cent increase in group earnings to $14.27 million for the year ended Dec 31,1992. The company, which released its final results yesterday, said all divisions lifted performance. Acma, a former lossmaking refrigerator and
        297 words
      • 187 10 SINGAPORE ANA Hotels Singapore has returned to the black with a $3.67 million net profit after two consecutive years of losses. But its turnaround will bring little cheer to investors because, once again. ANA will not be paying any dividends.
        187 words
      • 206 10 SINGAPORE Hitachi Zosen Singapore Ltd has formed a Singapore-based joint venture with three foreign partners to grab a share of the marineequipment supply market in the Asia-Pacific. Yesterday, Hitachi Zosen said its new joint-venture deal was sealed on Feb 8 in China. The joint
        206 words
      • 437 10 UNIT TRUSTS FUNDS Managers' print Mar 31 Prudential Singapore Unit Tract PruLwk Mgo Fund 1.06 1.12 The Commerce 1.29 1.33 MARA-Bumiputra The Savings Fund 109 Il4*d First Bputra 160 1.65 Spore Pn» Fund 0 52 0.55 Sccood Bputra 1.57 1.62 S pore See Fund 0 86 0.90 Thl rd B'puira
        437 words
      • 1249 10 Payment Ex Books Pay date close date Amtek Eng 20* I 6TE Apr 15 Apr 21 Apr 30 Apollo F 2.5 Jun 21 Jun 25 Jul 15 Avimo 20" F I2.5TE Feb 17 Marl Apr 15 BAT 21* F 114.2 Mar 23 Mar 29 Apr 6 Beriaya Group
        1,249 words
      • 569 11  -  By Teh Hooi Ling SINGAPORE Indonesian garment maker P T Sarasa Nugraha plans to launch its own clothing brands next year and expects margins of up to 60 per cent on them. The company, which listed on the Jakarta Stock Exchange
        569 words
      • 340 11  -  From Joseph Rajendran in PARIS SINGAPORE-BASED computer firm IPC Corp has set up two research and development units in China and will open another in India. Further down the road, it may also set up an R&D operation in Israel. The centres
        340 words
      • 269 11 SINGAPORE Construction firm Lim Rah Ngam Ltd lifted net earnings 17 per cent to $7.68 million for the year to Dec 31. 1992 despite a 4.6 per cent drop in turnover to $74.7 million. The group said yesterday that turnover was down
        269 words
      • 229 11 SINGAPORE Net earnings of Liang Court Holdings rose by nearly a third to $5.56 million last year thanks to higher rental income and lower interest expense. But earnings per share were virtually unchanged at 2.4 cents on its enlarged share capital base following its
        229 words
      • COMPANY BRIEFS
        • 90 11 Reutcr HONGKONG A Cathay International Group unit has signed a joint venture agreement with China's Shengli Petroleum Administration Bureau to build and operate two 300-megawatt coal-fired power systems. Construction work on the new systems will start next year and be completed by mid-1997, Cathay
          Reutcr  -  90 words
        • 109 11 AFP TOKYO Japan's Toshiba Corp said yesterday it had agreed to supply a unit of China's Guangdong Macro Group Corp with technology and equipment to make advanced rotary compressors for air-conditioners. Under the agreement. Pearl River Refrigerating Equipment Facility, a leading manufacturer of air conditioners,
          AFP  -  109 words
        • 93 11 Bloomberg Business News TAIPEI Taiwan has approved an application by Jardine Fleming Investment Management Ltd of Hongkong to invest US$5O million in Taiwanese stocks, the Securities and Exchange Commission (SEC) said yesterday. Jardine Fleming received permission in 1991 to invest more than US$49 million in Taiwan
          Bloomberg Business News  -  93 words
      • 210 11 SINGAPORE Weak demand for general printing left a small dent in Singapore National Printers' 1992 turnover, which dipped 2.7 per cent to $52.3 million. Consequently, after-tax profits were also down slightly from $4.3 million to $4 million. At the operating level, group profit was
        210 words
      • 440 12 Company's profits expected to come under pressure in coming months Reuter SAN FRANCISCO Apple Computer Inc is enjoying booming demand while rolling out new products at an unprecedented rate, but some analysts are concerned it's not enough to protect profits in the coming
        Reuter  -  440 words
      • 371 12 AFP HONGKONG Swire Properties and Citic Pacific teamed up at a lacklustre government land auction yesterday to buy a 20.660 sq m retail site in Kowloon for HKS2.BS billion (*****.5 million). The price was lower than expected, but property
        AFP  -  371 words
      • 539 12 Reuter NEW YORK Rupert Murdoch, head of the world's most far-flung and diverse media empire, has made a triumphant return to the New York Post, which he will run again more as a labour of love than a money-making business. The
        Reuter  -  539 words
      • 275 12 Reuter PITTSBURGH Westinghouse Electric Corp chairman Gary Clark has said in a letter to employees that Westinghouse plans to sell its Distribution Control and Westinghouse Electric Supply Co business units this year. He said the company planned to sell its Knoll Group
        Reuter  -  275 words
      • 319 12 Bloomberg Business News NEW YORK Shearson Lehman Brothers vicechairman Howard Clark Jr will resign his post by today. "(Clark) is finalising his (compensation) package and he will resign sometime before the end of the month." a spokesman for the securities unit of American Express Co said on
        Bloomberg Business News  -  319 words
      • 191 12 Reuter CHICAGO Harley-David-son Inc, its motorcycles growing increasingly popular with the chic set as well as tried-and-true bikers, is to boost production to meet a goal of 100.000 bikes a year in two to three years. To meet the target announced on Monday, the
        Reuter  -  191 words
    • FINANCE
      • 546 13 Reuter BANGKOK Thailand will further liberalise its financial sector by allowing more foreign banks to open branches after moving this month to award offshore banking licences. Bank of Thailand governor Vijit Supinit said yesterday. Thailand has not issued a new foreign
        Reuter  -  546 words
      • 502 13  -  More open up branches as demand for local currency deposits grows From Harish Mehta in VIENTIANE THAI interests are tightening their grip on the Laotian banking sector. The Thai Military Bank opens a branch today in the capital. Vientiane. And next month another Thai
        502 words
      • SMALL CHANGE
        • 80 13 Reuter TOKYO The Bank of Tokyo Ltd will merge two of its New York-based units. BOT Securities Inc and BOT Futures Inc, as of April 1. A spokesman for the bank said yesterday that the new company, BOT Securities Inc, will continue
          Reuter  -  80 words
        • 74 13 Reuter TOKYO Fuji Bank Ltd will set up a third computer centre, in Tama city in western Tokyo, to store an increasing volume of information on financial transactions and achieve faster account settlements. Construction of the centre, with a floor space of 37,000
          Reuter  -  74 words
        • 62 13 AFP MANILA The Asian Development Bank on Monday approved a USSI 10 million (SS 1X0.4 million) loan to China for a railway project aimed at opening up one of the country's poorest provinces for economic development. Ihe Manila-based bank said construction of the 335-km rail
          AFP  -  62 words
        • 48 13 Reuter HAMBURG, Germany Creditor banks and Brazilian negotiators have failed to overcome key differences in talks to restructure USS44 billion (SS72 billion) of Brazil's commercial debt, the largest in the Third World, but both sides expressed optimism that the hurdle would be surmounted. Reuter
          Reuter  -  48 words
      • 336 13  -  By Soh Tiang Keng SINGAPORE Asia will overtake North America next century as the world's No 1 insurance market, says a top European insurance chief. Claude Bebear, chairman of the Axa group, said yesterday that 40 per cent of the
        336 words
      • 316 13 AP PARIS Credit Lyonnais said on Monday that it lost 1.85 billion francs (about SSS4I million) last year because of money it set aside for bad loan risks, especially in real estate and the movie industry. The loss for the French
        AP  -  316 words
      • 396 13 Reuter COLOMBO Sri Lanka's move to remove many of its foreign exchange controls will pave the way for increased foreign investment and full convertibility of the rupee, central bank officials and private bankers said yesterday. The government has removed restrictions on current account
        Reuter  -  396 words
      • 143 13 IN THE ABSENCE of fresh factors, US dollar trading was dominated by short-covering interest yesterday. Against the Singapore dollar. the US dollar opened at 1.6405-10. It finally closed at 1.*****0, after touching a high of 1.6425-30. Some short-covering inter- est was also seen in the
        143 words
      • 183 13 Reuter LONDON The dollar struggled yesterday but the weakened lira, which hit record lows amid concern that Italy's scandaltainted government might collapse, captured centre stage on foreign exchanges. Dealers grown weary of tracking the political crisis in Russia turned to the turmoil in Italy and weighed the implications of
        Reuter  -  183 words
      • 89 13 AFP The dollar slipped against other major currencies in a quiet market yesterday, while the French franc continued to firm two days after the right's victory in legislative elections. Gold jumped more than US$3 an ounce. At about 9:30 am (1430 GMT), the greenback was trading at 1.6270
        AFP  -  89 words
      • Article, Illustration
        1496 13 IraJe-wighlni <mk\ cakiikunl attains S'p«rf\ tip 14 irathnt partnei\ 8a v mar ItSf (JS$/S$ forward rates Noon Mar 30 Bid Offer I -month 1.6397 1.6412 2-month 1.6379 1.6394 3-month 1.6359 1.6374 6-month 1.632$ 1.6343 Sounr OC'HC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10m yesterday: Singapore dollars to one
        1,496 words
      • 835 14 Bloomberg Business News TOKYO Foreign brokerage houses in Japan have confounded their Japanese counterparts in recent years through the skilful use of stock futures and options markets. Now, Japanese regulators are preparing new rules which traders say could effectively shut down these markets
        Bloomberg Business News  -  835 words
      • 518 14 Bank expected to continue to be star of stock market NYT BONN Although Germany is struggling through a severe recession, its big banks have shown few ill effects. Profits are up, interest rates are down and investors have favoured the sector this year. Commerzbank AG, Germany's
        NYT  -  518 words
      • 302 14 Reuter NEW YORK The bomb blast that killed six people and sent thousands groping down smoke-filled stairways at the World Trade Centre here will cost insurers more than US$5OO million (SSB2O 'million), a US insurance group said on Monday. In a preliminary estimate
        Reuter  -  302 words
    • COMMODITIES & FUTURES
      • 753 19 MBT KUALA LUMPUR Another international commodity agreement may collapse following the European Community's decision against renegotiating the current International Natural Rubber Agreement 1987 (Inra II). The EC's brief announcement of its decision on Monday increases the likelihood that Inra,
        MBT  -  753 words
      • 283 19 Reuter NEW YORK Coffee prices tumbled on Monday to within sight of 20-year lows in the absence of any sign of progress in negotiations to alleviate a world oversupply of the beans. At International Coffee Organisation talks in London, consumers and producers remain
        Reuter  -  283 words
      • 220 19 AFP CANBERRA Australia failed in talks with German Foreign Minister Klaus Kinkel here yesterday to persuade Germany to open fully its domestic market to imports of Australian coal. "We cannot open up to Australian exports as much as Australia wants us
        AFP  -  220 words
      • 268 19 ENERGY REPORT Reuter LONDON Oil prices drifted lower in dull trading yesterday in a market which was awaiting estimates of March OPEC crude production due out in a few days. London May futures for the world benchmark crude oil, North Sea
        Reuter  -  268 words
      • 471 19 Reuter SINGAPORE West African crude oil will pour into Asia in May as refiners and utilities try harder to find alternatives to high-priced and increasingly scarce Indonesian grades, traders say. In what was probably the biggest monthly movement of African oil
        Reuter  -  471 words
      • 1486 20 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures opened steady to slightly firmer in moderate trade with dealers sidelined and awaiting the scheduled release of the pivotal US payroll data for March on Friday. "The Euros are currently on the flat side and with
        Reuter  -  1,486 words
      • 949 20 COMMODITIES REPORT Tin The Kuala Lumpur tin price ended unchanged at MS 14.50 a kg in brief and listless trading dominated by locals, dealers said. "The market was steady. Players were local. Europeans and Japanese were absent," said a dealer. Volume fell
        949 words
    • 1688 20 Rubber HAS Co—dKy Exchange (futures dosing as at lpm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Feb 93 Mar Apr 134.00 133.75 133.75 150 3.975 May 136.00 134.75 136.00 2.200 9.050 Jun 137.75 137.50 138.00 1,100 6.025 Jul/Sep 140.00 139.00 140.00
      1,688 words
    • REGIONAL STOCK MARKETS
      • 1114 21 1.2 STOCKS withered in the afternoon to close only marginally higher after peaking during the day. The market rallied after the release of data showing the current account deficit rose to an adjusted A 5797 million in February from A 5453 million in January. But stocks later fell back.
        1,114 words
      • 586 21 +8.3 Share prices edged up in quiet trading on a slight gain by market leader Philippine Long Distance Telephone Co (PLDT) in New York and the listing of a new oil issue. The Manila Composite Index ended at 1,448.40 points, 8.30 up on Monday's close. "The market was basically
        586 words
      • 407 21 11.81 Stocks gained strength and closed higher in a technical rebound after five consecutive days of falls. The index closed up 11.81 points at 665.02. Brokers said investor sentiment was starting to improve on the belief that the market was in for a good rally next month. They said
        407 words
      • 280 21 14.02 Stronger overseas markets put new heart into the local bourse, with most of the leaders posting gains. The NZSE--40 Capital Index closed up 14.02 points at 1,584.43. Volume was "quite light", with the exception of Brierley, which saw 4.8 million shares traded. The counter closed up two
        280 words
      • 572 21 144.05 Stocks closed sharply higher on buying triggered by the Formosa Plastics group's announcement on Monday that it would soon begin building its long-delayed, US$7.5 billion naphtha cracker. The Weighted Index opened higher and a late wave of buying pushed it up to close 144.05 points higher at 4,750.70.
        572 words
      • 70 21 -74.12 Share prices continued to retreat as investors scrambled to raise funds for year-end taxes. The BSE Index closed 74.12 points down at 2,202.78. The National Index fell 32.65 to 993.91. Brokers expect the market to recover only after the start of the next fiscal year beginning tomorrow. Brokers
        70 words
    • WORLD STOCK MARKETS
      • 761 21 Britannia Funds Sterling {"ash Bid lifter Mim Cap Deposit M-5300 18 MOO M.m Jerw> Gilt 0 1901 0 2003 Mim Man Income ****** I 0200 ISS ash Income Plus Fund 10 0500 10 5900 PS S Resene Fund 5 MOO 5 2100 Sterling E^ah Euro Performance -0.4592 ***** Far East
        761 words
      • 667 21 +14.5 Shares closed firmer, helped by a flurry of FTSE futures buying and a partial recovery in drug stocks after days o( price falls. The FTSE 100 closed 14.5 points higher at 2,861.0 in buoyant trading volume of 727.6 million. But equity strategists said institutional investors were largely keeping
        667 words
      • 144 21 +2.05 Shares cut their advance in late afternoon as weighty index stocks Elf and Total were hit by worries about refining margins, but the CAC-40 still managed to finish higher. The market remains underpinned by hopes the appointment of strong franc advocate Edouard Balladur as prime minister will allow
        144 words
      • 191 21 +10.15 Shares rose to their day's highs in the last hour of trade, spurred on by remarks from Bundesbank board member Helmut Hesse that the time for small interest rate cuts was not yet past. Market will be watching the repo tender allocation for possible cut in money market
        191 words
      • 112 21 -0.03 A late increase in market activity in some blue chip stocks helped Belgian shares, which closed virtually unchanged, to recoup small early loss. The Bel-20 Index closed 0.03 points lower at 1,255.33 with around 1.02 billion francs worth of shares traded. Brussels Mar XI Fraan FORWARD MARKET AG
        112 words
      • 149 21 +24 Stocks slumped on fears the government could fall or be replaced by a broader coali- tion including opposition parties, traders said. The MIB Index ended 2.2 per cent or 24 points lower at 1,053. It rose one point but trading was limited by a protest by floor traders.
        149 words
      • 264 21 +2.42 Shares ended a session of moderate trade higher on demand from professional players and on option-relat-ed buying. Turnover picked up slightly from its recent slow pace with renewed optimism about the economic outlook provoking demand from institutional investors, traders said. ABN AMRO's Obligatie groeifonds was the most active
        264 words
      • 279 21 +7 Shares closed at new record highs after demand sparked by window dressing ahead of the end of the month, together with expectations of strong results from Roche tomorrow, boosted prices, dealers said. They added the market was expected to remain strong, as some traders appeared to be interested
        279 words
      • 309 21 +21 Gold and platinum shares ended sharply higher yesterday as precious metal prices rose in Europe. Dealers said share gains would be extended it the rally in metal prices proves sustainable. The Gold Index rose 43 points to 1,170 and the Industrial Index was 21 points higher at 4,448.
        309 words
      • 349 21 Stocks opened moderately higher, supported by gold prices which hit a three month high of U*****.40 at the afternoon London fixing. The TSE gold index jumped 2.57 per cent to 6,234.70 as the big North American gold miners dominated trading, dealers said. "If you don't have gold you might
        349 words
      • 644 21 The stock market opened mixed yesterday. After one hour of trading, the Dow Jones Industrial Average was down 2.16 points to 3,452.94 at 10.30 am EST (1530 GMT). Volume on the floor of the New York Stock Exchange was 30.14 million shares in the First half hour and
        644 words
    • Article, Illustration
      2874 22 Reuter STOCKS closed sharply higher but late profit-tak-ing trimmed pins from futures-linked buying, brokers said. The Hang Seng Index ended 83.59 points higher at 6,406.49. The broader All Ordinaries Index finished 40.25 higher at 3,425.06. Turnover was HKS3.9I billion against Monday's HK$3.l billion. News that the Executive Council did
      Reuter; Source: Bridge Info  -  2,874 words
    • Article, Illustration
      441 22 SHENZHEN A stocks edged higher in light trading yesterday, with all shares gaining. Anda and Jinxing were the biggest climbers, adding 3.45 per cent and 3.29 per cent respectively. The CLSA Shenzhen A Index rose 66.17 points to end at 2,890.58. The Shenzhen B market had another extremely quiet
      441 words
    • Article, Illustration
      2508 22 Reuter STOCKS closed lower on arbitrage unwinding and profit-tak-ing after Monday's big gains. But the market showed resilience in late trade as the underlying bullish sentiment prompted bargainhunting and hoisted the Nikkei average off lows. "The market on the whole isn't as weak as it seems on the Nikkei
      Reuter; Source: Bridge Info  -  2,508 words
    • Article, Illustration
      1699 22 Reuter STOCKS fell for the seventh straight day with big banks leading losses, brokers said. The SET Index lost 8.84 points to close at 849.20 on turnover of 2.36 billion baht. Brokers considered the 850-point level a significant psychological support, but said that yesterday's close was not a real
      Reuter; Source: Bridge Info  -  1,699 words
    • Article, Illustration
      918 22 Reuter TRADING was quiet and prices closed little changed. Reports of fake share certificates had discouraged players from making deals. The Official Index closed at 311.27, up from 310.50 previously. "There was hardly any major movement in the market. Talk about the fake shares had been worrying some people
      Reuter; Source: Bridge Info  -  918 words
    • 2287 23 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Idris Hvtl MX. 6.1 W OOD Bedford 50c 4.183.000 AMDB 50c 3.165 000 Ind Oxvgen 50c 2.767.000 C ASH 50c 2.761.000 Muhi-Purpmc 2.397.000 Bcrja>a Group 1.811.000 M. IndusJrio I.73I.OOO Mctroptcx 50c 1.693.000 Fahcr Group 1.208.000 Kcnong Bhd 50c 989.000
      Source: Bridge Info  -  2,287 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 4969 23 Bernama Heavy profit-taking on situational counters, which reported recent hefty gains, took share prices to close easier yesterday. The KLSE Composite climbed back 0.05 of a point to close at 638.92 after an intraday low of 637.00 and high of 640.63. It opened at 638.87.
        Bernama; Source: Bridge Info  -  4,969 words
    • STOCK EXCHANGE OF SINGAPORE
      • 7145 24  -  By Magdalene Ng SINGAPORE Last-minute buying from UK investment funds pushed up trading volume on the local stock market by 15 per cent yesterday. But with gains made mostly by non-index stocks, the Straits l imes Industrials Index finished almost unchanged. The 30-stock
        Source: Bridge Info  -  7,145 words
      • 83 24  -  HOT STOCK Quak Hiang Whai A w*9 TAKE care with Technology Resources. The weekly and monthly RSIs have reached almost 100, which indicate that the stock has risen too fast. Bearish diveigcnces are being seen in the weekly stochastics and daily RSI. At the same time, volume has
        SOURCE: BRIDGE INFO  -  83 words
  • Page 9 Advertisements

  • Page 10 Advertisements
    • 195 10 executive BBff t in*r vjml' mMde r*u..d <nem spin mum mm* m/g§M MirjL; brcvt iiw lit'" !n;-<vprciu *5- -IL agM rmm 'r Bif m ncsrj irtui "*"V, S HIIII ggj:^)^m m mm mMMmmT 4 IT "EXECUTIVE STRIDES" lr\ •A is a special fortnightly segment in the »*V jß'r.. w l
      195 words

  • Page 11 Advertisements
    • 149 11 ■mLxiv M=i at.. ■■■■BHI^Bi i• BB *****1111 l* ***** MB—B BB&< JBk# /BBBBBHBBBBHBBBHHI Alcatel. Solutions for worldwide communications. As the world leader in communications is why our 134,000 employees work in close broadband communications, corporate networks, systems, we are dedicated to bringing people partnership with our customers in ovtfi 110
      149 words

  • Page 12 Advertisements
    • 733 12 mHWA HONG CORPORATION LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Hwa Hong Corporation Limited wishes to make the following announcement: AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1992 GROUP COMPANY 1992 1901 W- 1992 1991 ss-000 srooo srooo srooo 1 (a) Turnover from
      733 words


  • Page 14 Advertisements
    • 55 14 a more you extra power L|^H|HH^m| extra truly a to And although the 460 is slightly smaller our other models, jjBBBjjPBBW every performance combined with absolute rear zones the new Volvo v r ''i r^-"' stylish, dynamic performer. your For an VOLVO S M Motors Pt« Ltd 249 Alexandra Road,
      55 words

  • Page 15 Advertisements
    • 368 15 j| Congratulations to i A Far East Levingston ■.in.i.i.uni.i.i Shipbuilding Limited l,Mlltl ßßi| Brown&Root Far East >n Boveri Pie Ltd Engine. Pte Ltd i Crescent Singapore 0513 7 g A nson Road unit 20-01 Singapore 0207 ***** Fax: (65) 778 0222 Te| 223 8311 Te|ex; Rs ***** Fax: 222 60
      368 words

  • Page 16 Advertisements
    • 175 16 |> L ;w. Petrobras XVIII, designed and built operate in deeper waters than any other semi-submersible platform in the world. The West capable higher waves, deeper waters, stronger currents and more adverse weather thar Today, FELS successfully delivers this J^^te:^SWBWßj^BßßKjHfflf' CJ62-Sl2O harsh environment )ack-up ri s to its owner West
      175 words

  • Page 17 Advertisements
    • 127 17 I M_ is deeper 3t Epsilon, capable of withstanding Agaves, deeper waters, stronger H^EHHH^HH > and more adverse weather than straddles the Pacific, this v>-; submersible production platform is the f y i A foremost among its kind. \v er jack-up rig in today. Today's ceremony symbolises the the developed
      127 words

  • Page 18 Advertisements
    • 385 18 TIT ''E™* Congratulations to Far East Levingston yffih Shipbuilding LSmited BBigßl INGERSOLL-RAND HOISTS^WINCHES MECTRON ENGINEERING PTE UD LIBRA EQUIPMENT PTE LTD 17 Kian Teck Way Singapore 2262 The perfect solution to your pumping needs Tel: 261 4288 Fax: 261 3488 625 Aljunied Road #03-05 Sales/Service/Spares Aljunied Industrial Complex Singapore 1438
      385 words

  • Page 19 Advertisements
    • 27 19 it!: '^1 1/ _^m Cp3kr..,a^ hr^.-" X.O.Beer is 12% alcohol, 100% lethal, and available only in selected bars with nice comfortable floors. X.O.Beer. Take it lying down.
      27 words

  • Page 20 Advertisements
    • 418 20 NO T I CJE S IN THE MATTES OF THE COMPANIES ACT, CAPJI AND IN THE MATTER OF YUAN HEKG TRANSPORTATION ENGINEERING PIE LTD NOTICE IS HEREBY GIVEN, that the creditor! of the above-named company, which ia being voluntarily wound up, are required on or before 1 May 1993 to
      418 words
    • 22 20 Turnover unav As and when the latest Ixindon/Rotterdam prices are not available, the pro ious trading day's closing Figures are carried instead
      22 words


  • Page 22 Advertisements
    • 40 22 to Your Portfolio... Mondial. The source for the acquisition of internationally certified G.1.A., and 1.G.1, diamonds, emeralds and other gem stones. S3 Main Showroom: Mondial Promenade 300 Orchard Road *01-06 The Promenade Singapore 0923 Tel: 734 2033/4 Fax: 737 5138
      40 words

  • Page 23 Advertisements
    • 63 23 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 11 be guaranteed a tree trip. For details, call our 24-hour C itiPhone Banking toll-tree on (1<S()0) 225-5225. CITIBAN<O
      63 words

  • Page 24 Advertisements
    • 41 24 MAdd Sparkle to Portfolio... Mondial. The source for the acquisition of internationally certified G.1.A., H.R.D. i and 1.G.1, diamonds, emeralds and other gemstones. Main Showroom: Mondial Promenade 300 Orchard Road 001-06 The Promenade Singapore 0923 TeL 734 2033/4 Fax: 737 5138
      41 words

  • SPORTS
    • 560 25 Golf NYT NEW YORK With billions of dollars in losses and an embarrassing search for a new chief executive just ended, IBM would seemingly have no need to sponsor sports events. If anything were disposable when you're perilously close to flunking Business 101
      NYT  -  560 words
    • 409 25  -  Shahiron Sahari on how the victors got the last laugh in the 18th HK Rugby Sevens Shahiron Sahari HONGKONG The tiny Pacific Island nation of Western Samoa, population 170,000, overcame all pre-tournament predictions to win the 18th Hongkong Rugby Sevens on Sunday, dethroning
      409 words
    • 434 25 NYT NEW YORK On the surface, whether grass, clay, composition or paper, the idea of the US losing a Davis Cup match is preposterous. In the men's world tennis rankings, five US players are among the top
      NYT  -  434 words
    • SCORE CARD
      • Article, Illustration
        229 25 AP. Reuter NEW YORK NBA results Monday: Atlanta Hawks 127 Portland Trailblazers 118 (ot): Boston Celtics 110 Sacramento Kings 89; Washington Bullets 114 Milwaukee Bucks 107; Denver Nuggets 114 Utah Jazz 101. Standings (x-clinched playoff berth): Eastern Conference Atlantic Division (W L Pet. GB): 1. x-New York 47 20
        AP.; Reuter  -  229 words
      • Article, Illustration
        31 25 REUTER NEW YORK Results of National Hockey League games played on Monday: Los Angeles Kings 9 Detroit Red Wings 3; New Jersey Devils 5 San Jose Sharks 0. REUTER
        REUTER  -  31 words
      • Article, Illustration
        308 25 AP AP PONTE VEDRA, Florida leading money winners on the PGA Tour through The Players Championship, which ended March 28: 1. Tom Kite USS 518,564 2. Nick Price 497,464 3. Greg Norman 439,054 4. Fred Couples 375.125 5. Paul Azinger 366,675 6. Lee Janzen 318,783 7. Joey Sindelar 314,543
        AP  -  308 words
      • Article, Illustration
        113 25 AFP Reuter OSAKA, Japan Results in the US$5OO,OOO Salem Open on Tuesday: Singles Ist Rd Doug Flach (US) b Gouichi Motomura (Jap) 6-0, 6-2; Steve Bryan (US) b Jamie Morgan (Aus) 6-1. 6-3; Stephane Simian (Fra) b Christian Bergstrom (Swe) 6-3, 6-2; Chuck Adams (US) b Yasufumi Yamamoto (Jap)
        AFP; Reuter  -  113 words
    • SIDE LINES
      • 99 25 Reuter BONN Germany's double world sprint champion Katrin Krabbe has been cleared to defend her 100 and 200 metres titles in Stuttgart this August after a four-year ban for doping was yesterday reduced to one year. The German Athletics Federation (DLV) said that its arbitration
        Reuter  -  99 words
      • 98 25 Reuter LAUSANNE A Chinese woman swimmer has been banned for two years after a positive dope test, the International Swimming Federation (Fina) said yesterday. Zhou Xin, a Beijing club swimmer but not an international, tested positive for the anabolic steroid methandicnone at the Beijing World
        Reuter  -  98 words
      • 86 25 Reuter SEOUL South Korea will propose talks with North Korea on the formation a unified team at next year's Asian Games in Hiroshima, Japan, Vonhap news agency said yesterday. Sports and Culture Minister Lee Min-sup briefed Prime Minister Hwang In-sung on a plan to
        Reuter  -  86 words
      • 49 25 Reuter HONGKONG A security guard try ing to cover a naked couple as they ran out of the field during the final match of the Hongkong Invitation Sevens, when Fiji played West Samoa on Sunday. Streaking has become a tradition for Hongkong's overenthusiastic rugby supporters. Reuter
        Reuter  -  49 words
      • 76 25 Reuter SAO PAULO Ayrton Senna again refused to talk about his future with the McLaren team on Monday, 24 hours after winning his home Brazilian Grand Prix. Senna, who leads the Formula One world drivers' championship after two races, has been driving for McLaren
        Reuter  -  76 words
  • Page 25 Advertisements
    • 611 25 "OTTTI'T Jlfllk ANA HOTELS k SINGAPORE LTD. Hill VL (Incorporated in the Republic of Singapore) The Directors announce the unaudited results of the Company for the year ended 31st December 1992. 1992 1991 (Ss) (Ss) 1. (A) TURNOVER 37,533,300 30.223.900 24.2+ (B) INTEREST MCOME 0 0 2. NET PRORT/(LOSS) 3.672.900
      611 words

  • Page 26 Advertisements
    • 1339 26 ptfNOtlllllg Bfiflts A Buds WHERE TO WINE, DINE AND ENTERTAIN OF A "Heavenly" Feast Scrumptious Sichuan cuisine. Rich piping hot steamboat. Delicate Yangzhou Dianxian. Mon Sat 1 1.30 am to 2.30pm Sun 10.30 am to 2.30pm Kings Q V.NOmHMCAfOI King's Hotel Clarion. A Member of CDL Hotels. Havelock Road. Singapore
      1,339 words

  • LIFESTYLE
    • 932 27  -  65th Annual Academy Awards Jaime Ee detects a new aura of sentiment, common sense and merit at this year's ceremony Jaime Ee YOU could pretty much imagine the members of the Academy in their stuffy little room counting out their votes, looking at the various
      932 words
    • 467 27  -  Analysts tell Leslie Adler why they don't expect much of a financial boost at cinemas for the award-winning movies Leslie Adler Reuter FILMS which won Oscars at the Academy Awards this year are likely to see only a modest boost in box office performance
      Reuter  -  467 words
    • 246 27 Source: Reuter Best Picture: Unforgiven (Clint Eastwood) Best Director Gint Eastwood (Unforgiven) Best Actor A 1 Pacino (Scent of a Woman) Best Actress: Emma Thompson (Howards End) Best Supporting Actor Gene Hackman (Unforgiven) Best Supporting Actress: Marisa Tomci (My Cousin Vinny) Best Original Song:
      Source: Reuter  -  246 words
    • 295 27 CHATTERBOX MARISA TOMEI was such a surprise winner in the supporting actress category that she caught at least one news agency with its pants down. Just before she was announced as the winner. Reuters sent a story to its subscribers with the headline "Miranda
      295 words
  • Page 27 Advertisements
    • 73 27 at CHINA-CHINA from 1-31 March The King of crustaceans hold court with an array of exotic and tantalising variation to wet your appetite. For reservations, please call our Restaurant Manager at 322 4224/221 2SII )»f rfsl.iur.lltls UfliOmf lit J>«Mk »<> wy I'"' •ll'll'l'l \®r MARINA BAY •< •> I- I
      73 words
  • Page 27 Miscellaneous
    • 1278 27 TV RADIO 1 Tell Me No Lies, 10.30pm, SBC 5 M After car fiH adopting jbMH problem. It seems that his wife had lied about everything related to the kid whom she kidnapped years Webber and Katherine Travels In Europe, 9.00pm, sec 12 > vjyflK When Romans 1^ one can
      1,278 words

  • REGIONAL ANALYSIS
    • 1576 28  -  Asia in transition ROBERT SCALAPINO ROBERT SCALAPINO Robert Scalapinu is Robson Research Professor of Government Emeritus and former director of the Institute of East A sian Studies, University of California. Berkeley. He is co-chairman of the Asia Society's Asian Agenda Advisory Group. Special to
      1,576 words
    • 1524 28  -  JOHN WONG JOHN WONG Professor John It 'ong is director of the Singapore-based Institute of East Asian Political Economy. Special to BT THE TERM "chopstick economies" is a vulgarised name invented or at least popularised by journalists for a group of East Asian economies
      1,524 words
    • REGIONAL WHISPERS
      • 104 28 OFFICIALS from China have been coming to Singapore to pick up tips on how to govern a free market economy. What we never expect them to ask is how NOT to run it. So imagine our surprise to learn that Geylang's red-light district has become one of
        104 words
      • 139 28 WHEN Filipino tycoon Lucio Tan took over Philippine Airlines (PAL) last March 1, one thing that jolted him was the payroll of foreign consultants. Most of them were paid astronomical amounts which Mr Tan felt were unjustified, especially since PAL has brcn in the red for
        139 words
      • 112 28 YOU CAN bet your last yen that japan will exploit Russian leader Boris Yeltsin's current political predicament to Tokyo's advantage. The Japanese, who have formally invited Mr Yeltsin to attend July's G-7 summit in Tokyo, is hoping that support for the embattled Russian leader will turn into
        112 words
    • 1027 29  -  Taiwan and the region FACE TO FACE BT's Lim Soon Neo meets Lee Shu-jou, Taiwan's Vice-Minister of Economic Affairs in Taipei to probe his country's relationship with mainland China and how this affects the flow of investments to South-east Asia. Lim Soon Neo Q:
      1,027 words
    • 1015 29  -  LIM SOON NEO LIM SOON NEO The writer is a HT correspondent specialising in Taiwan and Hongkong affairs. TAIWAN may be among Singapore's top ten trading partners. But when it comes to investments, neither country figures significantly in the other's economy. Being in a similar stage
      1,015 words

  • Page 29 Advertisements
    • 38 29 The Knowledgeable goes for the right media and the right company. Classified the people finder. THE STOATS TMES THE SUNDAY TIMES BUSINESS TIMES THE NEW PAPER UANHE ZAOBAO UANHE WAN RAO SMNM*X DAttY NEWS BEtITA MARIAN MWTA MNGGU
      38 words

  • 500 30 EDITORIAL IT HAS all the elements of an epic Russian novel. Larger than life characters, a nation on the throes of a revolution it cannot afford and a bewildered world valiantly backing a mercurial and unpredictable leader. The unfolding political crisis in Russia with its incredible twists and
    500 words
  • WHAT THE OTHERS SAY
    • 295 30 ARE THE STANDARDS of the legal profession in Singapore slipping? A warning by Chief Justice Yong Pung How earlier this month that lawyers who cheat their clients could expect stifFer penalties suggests that there may be a prima facie case to suspect that there is at
      295 words
    • 225 30 THE MUSLIM Religious Council's (Muis) revelation that 70 per cent of frozen meat sold in the markets was non-halal meat was shocking news to most Muslims here. Many were disappointed with the careless and irresponsible attitude of the Muslims who sell the meat. Most of
      225 words
    • 204 30 IF FAIRPRICE cooperatives, which can be found all over housing estates, and the increasing number of department stores and supermarkets opening up in housing estates and satellite towns say they can keep price increases below 3 per cent, then shopkeepers in housing estates cannot
      204 words
    • 182 30 NATURE AND WILDLIFE sanctuaries like Phu Luang in Loei and Huay Kha Kheang in Uthai Thani have been set up strictly for conservation; there should be no tourism there. But people should be allowed, even encouraged, to visit the national parks. If they go, however, they should go
      182 words
    • 135 30 APPARENTLY, President Suharto's new economic team understands the concerns of foreign and domestic businessmen, analysts, and creditors over the replacement of the technocrats who have guided Indonesia's economic development for the past 25 years. The new ministers in charge of economic affairs, seemingly aware of the feelings of
      135 words
  • 1105 30  -  Popular Philippine vice-president Joseph Estrada tells Alec Almazan how his rilm roles led him into politics Alec Almazan LAST AUGUST, Philippine Vice-President Joseph Estrada invited two police officers to lunch at his home. Upon arrival they found an unexpected guest, a fellow officer who identified them as
    1,105 words
  • Page 30 Advertisements
    • 201 30 When you fly from Singapore to Italy on business, you can expect nothing less than good mornings on Swissair. md-ii SR 183 Daily Leave Singapore every day at 2105 hrs and arrive in Singapore de P 2ios via Bangkok Milan early at 0840 hrs the next morning so you can
      201 words
  • Page 30 Miscellaneous
    • 67 30 wn.-nm eacco—(L£ t-tKitTVWg i i wipcre -wis jg| 6UH-DMG (wW sg"X'J g i cx 0 AMOCIATBP «BWWWM ll». IWWI 1 ,W DOONESBURY GARRY TRUDEAU VHMSALL NO.WEVECOHA TDMA*£PBOPIBTHINK\ tWMWYOU i\e&JTMY I JE&ERS*WREHNAUY Ttewmm start ahama- uhaton rvE been buzepalive. uanttof&z 1 sounds sunrnvwrnt FTX,»?U&E LANCHETODURf EARTH MNTHEBSCUERS WURMN NEAfi- UKE A
      67 words

  • ANALYSIS
    • 771 31  -  The European Community is nothing more than a soulless creature, and the dream of a united Europe is all but dead, writes Anthony Lewis Anthony Lewis NYT THE DREAM of a united Europe, powerful contributor to a better world, is dead. It died when the European
      NYT  -  771 words
    • 960 31  -  The French Socialists may have been swept from power, but President Francois Mitterrand is determined not to become a mere figurehead. Alan Riding reports Alan Riding NYT THE CONSERVATIVE landslide in France's parliamentary elections on Sunday was a devastating personal blow for President Francois Mitterrand,
      NYT  -  960 words
    • 560 31 France's new prime minister, Edouard Balladur, may be called colourless, but he is also cool and incisive Reuter Edouard balladur. appointed French prime minister on Monday, worked his way almost silently up France's political hierarchy to carve a role as the man best-placed to lead
      Reuter  -  560 words
  • Page 31 Advertisements
    • 58 31 G. ORIENTAL COURT Wedding bells are ringing Wedding Menu W Karaoke available Shark's Fin Soup with MSSfFflu Prawns in soyabean sauce ITOWV Lobster Seaweed Roll Shnmp Ee Fu Noodle Great Eastern Hotel, f FREE softdrinks inclusive of lunch I FREE parking vi 7 401 Macpherson Road #03-00 Great Eastern Hotel
      58 words
    • 132 31 A Modem 6-Storey Warehouse Complex Incorporating Quality Otfwe Space Ready For Occupation October 93 Close Prowmity to CBD and Orchard Area Easy Access to AYE/CTE/ECP Near to Redhi MRT Stabon Total Lettable Area 57,000 sf Developer SHRIRO PAPER (S) PTE LTD Sole Marketing Agent: 41% Jones Lang Wootton Tel: 220
      132 words

  • 529 32 Conditions for staging the vote are still unclear AP, Reuter, UPI MOSCOW President Boris Yeltsin's top legal adviser said yesterday that terms set by the top legislature for a referendum on power left the Kremlin leader with no choice but to
    AP,; Reuter,; UPI  -  529 words
  • 470 32 Reuter PARIS New conservative French Prime Minister Edouard Balladur met contenders for top Cabinet posts yesterday in a brisk start to "cohabitation" with Socialist President Francois Mitterrand. Mr Balladur, 63, a former Gaullist finance minister, said he hoped to complete his cen-tre-right government yesterday. His
    Reuter  -  470 words
  • 537 32 Reuter ROME Prime Minister Giuliano Amato yesterday put his future in the hands of the head of state in a bid to solve Italy's political crisis. During a two-hour meeting with President Oscar Luigi Scalfaro, he said Italy needed efficient
    Reuter  -  537 words
  • 364 32 Reuter COPENHAGEN Denmark's Parliament voted overwhelmingly in favour of the Maastricht Treaty yesterday and set the date for a second referendum on the issue. Last June, Danes voted "no" to the pact on closer economic. monetary and political union by a narrow margin,
    Reuter  -  364 words
  • 227 32 Reuter NEW YORK Americans' confidence in the economy weakened in March for the third consecutive month, the Conference Board said yesterday. The private business research group said its consumer confidence index fell to 62.6 in March from 68.5 in February. Economists
    Reuter  -  227 words
  • 398 32 Reuter UNITED NATIONS The US and Britain divorced themselves on Monday from past policies insisting that Iraqi leader Saddam Hussein must be out of power before international sanctions are lifted. Both former US president George Bush and British Prime Minister John
    Reuter  -  398 words
  • 967 32  -  The Bottom Line YONG POW ANG YONG POW ANG The writer is a BT correspondent THE worst that can happen over the Sino-British row is not over yet. There are indications that 10 Downing Street, having seen its support from the Hongkong people dwindling,
    967 words
  • 232 32 Reuter VIENNA The world's nuclear watchdog has no more cards to play in a row with North Korea over the nation's suspected nuclear arms projcct, its chief spokesman said yesterday. David Kyd said the board of the International
    Reuter  -  232 words
  • Page 32 Advertisements

  • Shipping Times
    • 446 33  -  By Dexter Lee SINGAPORE The Australian government must sell off a majority stake in ANL Ltd if privatisation of the national carrier is to succeed. Otherwise, Australians will be the first ones to ignore the divestment, said visiting ANL chairman William
      446 words
    • 366 33 Reuter LIMA Peru's state-owned ports lowered its rates in a bid to be more competitive, but an association representing private shippers said container rates had not fallen enough. A resolution published in the official gazette said the National Ports Company (Enapu)
      Reuter  -  366 words
    • 315 33 BANGKOK The economic recession will not have an immediate impact on shipbuilding, regardless of whether the shipyards are large or small, according to the president of the Japan-based Miho Shipyard Co. In a report in The Nation on Monday, Kazuo Kobayashi said that
      315 words
    • 1146 33 Page Col ABC Containerlinc 12 I 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 ASXCL Shpg 15 2 Avant Shpg 6 4/5 Avia
      1,146 words
    • 233 33 Reuter TAMPA The shipping industry faces several safety problems, including a rapidly ageing fleet and few double-bottomed tankers to help prevent oil spills, the chief of the International Maritime Organisation (1MO) said. William O'Neill, the secre-tary-general of the IMO, said shipowners are
      Reuter  -  233 words
    • 285 33  -  By Juliette Walker SINGAPORE Over 150 businessmen and policy makers will meet here in June to promote awareness of the growing importance of multimodal transport in the Asia Pacific region. Multimodal Asia-Pacific '93 the first such conference in Singapore will focus on a
      285 words
    • 282 33 Seatrade Week LONDON The Baltic Exchange is actively seeking a partner with deep pockets to help finance a £50-million (S$ 120 million) to £100-mil-lion scheme to redevelop its bomb-wrecked site in St Mary Axe into a giant international shipping and trading centre. Adjacent
      Seatrade Week  -  282 words
    • 900 34 UK shipyards have to lay their bets on the hope that a boom in intra-Europe trade will create a demand for small ships Fairplay IT COSTS a lot to keep shipbuilding jobs when demand is thin. So the UK government was glad to give
      Fairplay  -  900 words
    • SHIPS IN PORT
      • 363 34 Vessel Voy Ho Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port Elona SC264C 31/03* P01A 3103/1100 31.03/1900 Perkasa 3/93 J12 alongside 31.03/2359 Hoegh Cairn 0117 P06 3003/1100 31.03/0500 Rachmanuel I SJ5/93 J2/3 alongside 31.03/1800 Johan 105A93 P04 30.03/S1800 3103/1200 Alicia Star 9302 J2 3103/1100
        363 words
      • 1624 34 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Slip Voy No Containers avaiabie Slip Voy No Containers avaiabie Chaiya Bhum 29N 29 03.93 0700 Kuala Siak 5 026N COO(EST) *****3 1800 New Oass 47/267 29.03.93 0815 Supanya 68W COO(EST) 30.0393 0700 Sentosa Jaya 096S 29 03.93 0950 Tanah Air
        1,624 words
    • 11215 42 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 PN: ship calls at Penang after
      11,215 words
    • 791 49 THE. Baltic Freight Index for spot dry cargo shipping rates rose to 1.501 on Mar 29 from 1.50() on Vlar 26. with the base being Jan 4 1985 equals 1.000. Rates dipped for forward positions on the key US Gulf to Japan key grain route. C. ltoh covered
      791 words
    • 222 49 THE dry cargo market remained strong with the Baltic Freight Index rising one point to 1.501 on strong demand for vessels to carry grain, brokers said. They noted the volume of reported fixtures to Far East destinations, and from the US Gulf to North Africa. Panamax rates were
      222 words
    • 346 49 COURSES Title: PSA/SFFA Dangerous Goods Course (SDF 70%). Duration: March 31 Apr 30 (8 evenings) Organiser: Singapore Freight Forwarders Association Tel: All courses are open to nonmembers. For further details and application forms contact SFFA at tel: 253-7550 or fax: 253-2303. Title: Marine Insurance (SDF 70%) Duration: Apr
      346 words
    • AIR AND LAND TRANSPORT NEWS
      • 498 52 Move clears the way for German company to list shares on the NYSE Reuter WASHINGTON DaimlerBenz AG has agreed to comply with US financial disclosure rules, clearing the way for it to become the first German company to list shares on the
        Reuter  -  498 words
      • 59 52 Reuter ISLAMABAD Two Pakistani stewardesses placing a scarf over the head of a new Hajvairy Airlines stewardess at Islamabad airport on Monday. Elena, a Russian and former Aeroflot air hostess, will now work for the newly set-up Hajvairy Airlines, Pakistan's first private airline, a joint venture
        Reuter  -  59 words
      • 247 52 AP WASHINGTON A group of investors headed by former airline executive Frank Lorenzo asked the government on Monday to approve creation of a new carrier Friendship Airlines to fly routes on the East Coast of the US. Stephen Kolski, former president
        AP  -  247 words
      • 191 52 AP DETROIT Two national defence laboratories will soon be helping to make cars. Chrysler Corp and General Motors Corp separately announced US$36 million (Sss9 million) in research and development contracts on Monday with the labs. GM said it signed six agreements with
        AP  -  191 words
      • 565 52 NYT ATLANTA Delta Air Lines abandoned a 36-year-old no lay-off policy on Monday, saying it would eliminate the jobs of 600 pilots by the fall as part of cutbacks in its fleet and reductions in service. The 7 per cent
        NYT  -  565 words
      • 273 52 AP CHICAGO United Airlines said on Monday it has agreed to buy USAir's PhiladelphiaLondon route for US$l4.5 million (5523.8 million) if US and British regulators agree to make it a Chicago-London route. Such a change would give United a non-stop link between its hub
        AP  -  273 words
      • LOG BOOK
        • 73 52 Reuter TAMPA. Florida The US Coast Guard said the oil industry should prepare for tougher oil spill prevention standards. "The Coast Guard will continue to fan the fires of this revolution." said Admiral Arthur Henn, head of the guard's Office of Marine Safety. "The
          Reuter  -  73 words
        • 88 52 Reuter LISBON Portuguese ship-repair group Lisnave on Monday said it plunged to a net loss of 8.95 billion escudos (Ss97 million) last year after a profit of 438 million in 1991. Turnover dropped sharply to 20.59 billion escudos from 30.66 billion. It made an
          Reuter  -  88 words
        • 75 52 Reuter BANGKOK Dutch airline KLM will soon begin weekly flights from Amsterdam to Ho Chi Minh City in Vietnam, a Vietnamese radio report said on Monday. The new air route will start today, the official Voice of Vietnam said in a broadcast monitored in
          Reuter  -  75 words
        • 95 52 Reuter SAN FRANCISCO Thirty-six people were slightly injured on Monday when a Delta Air Lines jet, smoke pouring from one of its engines, was forced to make an emergency landing just minutes after takeoff. Delta Flight 84, an Airbus A3lO airliner with 123 passengers on
          Reuter  -  95 words
        • 93 52 UPI BANGKOK A Royal Thai Air Force Boeing 737 airliner crashed while landing at a base in northeast Thailand yesterday, killing all six airmen on board, military officials said. They said the airmen had left Bangkok's military airfield yesterday morning on a training
          UPI  -  93 words
        • 61 52 AFP SEOUL Russian President Boris Yeltsin sent a telegram to South Korean President Kim Young Sam, expressing condolences for the train wreck on Sunday which left 78 people dead in Pusan. a spokesman said yesterday. Presidential spokesman Lee Kyung Jae said the telegram, received on Monday, expressed
          AFP  -  61 words
      • 1319 52 ag w eta nm eip AdoUido SQ227 2230 Amman RJI83 2335 Amsterdam GA895 1325 SQ324 2215 KL837 1545 KL838 2350 SQ323 1735 Auckland NZ21 1705 NZ22 1825 SQ288 2040 Bahrain GFI49 0650 B SeH Begawan BI453 1105 SQ182 0930 SQI81 1425 BW30 2125 BI429 2030 Bangkok
        1,319 words
  • Page 33 Advertisements
    • 57 33 IHM mm LM m Malaysia" Rait link Eipre&s provides a total service to save your money time and worry as we deliver your goorts speedily and promptly to your destinations in our organised Malaysia road networks Rail-Link Express (S) Pte Ltd Tel: 354-1223 Fax *****10 J OUR SERVICES Exprass Parcel
      57 words
    • 27 33 Lines and services represented by Members of the Registry of Accredited jvWy Shipping Agents, Singapore \ll National Shipping Association Fa advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      27 words
    • 71 33 cargo-pak HnBDSBi Ensure optimum kAfe protection for your corgow during transport at law costs. FUJI TBAMMC (SIHWOIE) PTE LTD p2j TEL *****55 FAX: *****43 Thinking small in bid to survive, Page 2 Daimler to comply with US financial disclosure rules, Page 20 StHUPOm JO OiKItHD /H I) ins. tin n
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  • Page 35 Advertisements
    • 4329 35 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES *****11 *****09 rMMT*! S^F^^y-fS 8 *****40 X M. For advertising enquiries, JARDINE SHIPPING AGENCIES SDN. BHD. PBAfiAflr] PETALING JAVA TEL: 03-*****76 FAX 03-*****42 fl COlltaCt ShlDDinfl TimeSl 7 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 rr Dedicated to Quality S©rvic© ipoh tel:
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    • 1248 35 ■BlMlfll SEKONDI TAKORADI, GHANA 2 SAILINGS PER WEEK NEXT AVAILABLE VSL: LOUIS MAERSK V. 9304 ETA SIN IST APRIL 1993 Vessel Voy ETA ETO feeOet by Sea Link/Aries DESTINATIONS Thn week mare* maersk v 9304 06/*****0 HRS ■■■■■■■■iMIMaMMHIIHiIMB CFS 06/04 1000 HRS JOH LPK PEN OAK LGB MOO MEM ATI
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  • Page 36 Advertisements
    • 1536 36 AQABA R DAM/ LE ALSO ACCEPTING FROM VESSEL VQY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE MALAYSIA ELBE 15/112 31/3 17/4 20/4 18/4 Poft Kelang. Penang HANNOVER EXPRESS 13/312 3/4 12/4 18/4 21M 24/4 26/4 28/4 Pasir Gudang KAI 01/113 8/4 24/4 27/4 25/4 FAST
      1,536 words
    • 601 36 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.l.S.*Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea t Vietnam Mongolia t Hungary CSFR Poland ocT<§>Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ITA SIN A. ABRAHAM 04/04 VILLE
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    • 1453 36 HwiMM Km REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALQ BCL* VAL* HAM BRE# ROT ANT# FEL LHA I NORTHERN JOY 304* 31/03 22/04 24/04 25/04 27/04 28/04 29/04 30/04 01/05 02/05 NORASIA SMGA 9305-3 08/04 28/04 29/04 30/04 02/05 03/05 04/05 05/05 06/05 07/05 NORASIA SHARJAH 9306 3 13/04
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  • Page 37 Advertisements
    • 2021 37 POi STRAITS SHIPPING PTE LTD MKf 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line afijgs <a service of china navigation co> CARGO OUt SU.S KRIS MERtH Vos£ KR. Skjn. Taw 29 30 Mm 31 M* 01 A<* CONTAINER ANO BREAK BULK
      2,021 words
    • 2769 37 m SINGAPORE AGENT: p&0 Container# (Singapore Agencies) Pie Ltd til W VjIVIILCIIIIVi 10 H °e Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 w -w TeJ 225 2233 Te|ex RS ***** pNOCSp Fax 225 5327/222 7517 CR Number **********0Z EXPORT IMPORT VESSEL YOY 'NO 'PKO SM ALO SOU AMT ROT NAM
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  • Page 38 Advertisements
    • 731 38 PEH9 indonesi/WSATIONA^N^^^ ra 101 Mum hwk| wool mvmm~ wmw 34 WB 28 30/4 I 29/5 3/t 9/6 14/6 MS' COAST PORTS sE^vlcl!^^ m/m PKI STCK STP MEIB BWS Ftt Mil MHO MlSlltm* 43S 13/4 12/4 29/4 2/S 26/4 5/5 AMO GOWA 04S 19/4 11/4 4/5 7/5 1/5 12/5 MHO ASIA
      731 words
    • 1830 38 (g) HANJIN SHIPPING FWVSI SW LK HAUL SEA POX FOR VSL S« ILMC HAUL SAV ILM NYC HAJUN StCAPORE 009E 4/4 DKECT 29/4 1/5 HANM K RANG TANG 1001 5/4 H LONG BEACH 042C# 13/S 14/5 1(/S HWUN LEHAVRE 021E 11/4 ORECT 6/5 1/5 HANM KUNSAN Old 12/4 M AMERICA
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    • 1472 38 d -1 Im W IK UC U HI OB K1 at ITO UU CMS Ml NVCLMVAHWNNTWIMGPSOCMBPU SGP I GLORT RE 057 MPT 4/4 14 10/4 12/4 13/4 15/4 1( 4 17/4 U/4 N/4 12/5 14/5 15/5 25/5 21/5 27/5 2S/5 JO/5 1/1 1» S 22/1 23/f E BIAMT At 041
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  • Page 39 Advertisements
    • 1829 39 PLEASE CALL NEPTUNELINK (1800 *****00TOLLTREE^^M II ,-j? II FOR THE FOLLOWING INFORMATION: II II TOOL R II VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ |l II FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ ■I tyr II AVAILABILITY OF DOCUMENTS FOR COLLECTION *R4 BCX: Connactlng C. Pegasus Voy 12E In HK6 04/04/93 Singapore califormm express fsex;"
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    • 1188 39 I SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BAIT 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—OOCHARQNG WESTBOUND-lOAONG TRANSHPPED VIA
      1,188 words

  • Page 40 Advertisements
    • 1410 40 Kt* v AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W -V TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/^9 > 1 H I\l Ij MALAYSIA: "K"UNEMARITIME (MALAYSIA) SDN BHD M Mv M VI/ TEL SA *****00 PIC *****75 PEN *****0 JB *****1 PGU *****5/6 1 m INDONESIA: P.T.
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    • 634 40 PHILIOtIKNT LINGS PT€ LTD 10® 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 ffl AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 8 APR SYDNEY, MELBOURNE, BRISBANE. FREMANTLE 4 APR AUCKLANO. WELLINGTON. LYTTLETON, NEW PLYMOUTH. NAPIER. CHRISTCHURCH 1
      634 words
    • 444 40 GOLDEN LINE A VCb(?V GUAN GUAM SHfPMG \PS><\ (PTE) LTD W —2J. T(M Ar« Smt SMGAPOK 0104 m *****8 (10 LK!) Fai: S343SM (01 Ml. 1012******00) OTKAITO/PKKOIAI4 OPLF lUTKI S pore P.' Ketone Penang GQUKH HARVEST Karachi Dubai Daoimani 14/11 Apr TlAtt CMC! Hjrjch, Dubai 20/22 Apr CHINA OCR VICE
      444 words

  • Page 41 Advertisements
    • 1082 41 SIbOH PACIFIC INTERNATIONAL LINES (PTE) LTD^ I SSSSSSSS K— 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I MK BKKm CR NO looeoe/cioooe wcccci VOY cm BKK SIN VESSEL VOY Slß™"" JKT WN™" KOTA JADE 5/4 6/4 10/4 s™™™" "J V,\ SS EQUATOR CRYSTAL 136 M 3/4 «/4 10/4 >
      1,082 words
    • 1809 41 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p P GUDANG PENANG P KELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) "~HAM (3) GOT (4) ~2/4 271 3/4 NIHON 3122 6/4 23/4 25/4 26/4 28/4 E ~T/4 9/4 10/4 BENARTY 3132 13/4 30/4 2/5 3/5 5/5 D ~16/4 16A4 17/4 ALSIA
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    • 312 41 I °BSA° TRANSPORTATION M MYANMA pBHk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P Kit Pen P Gdf MYOMAYWA VI47W SM SM M tat PA THEM VI22W SM SM PAGAN ¥195*1 In PI HPA AN VlBB* 03/06 Apr MALAYSIA AGENTS BOUSTEAO SHPPWC AGENCCS KU. TO.
      312 words



  • Page 44 Advertisements
    • 2785 44 Full Container Liner Services Malaysia's Agents: Indonesia 's Agents: General Agents: Booking Agents: Cnan Guan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Pntra Indonesia Maritime Costar Shipping Ptc Ltd $hipoit Frtigki Bookmg Ctntrt Sdn BM 58 Persiaran Rap Muda Musa Lot 3 34. 3rd Floor. Jl IR
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  • Page 45 Advertisements
    • 700 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 05/04 ROTTERDAM 05/04 AARHUS/COPENHAGEN 05/04 HAMBURG/BREMEN 05/04 MARSEILLE/FRANCE 01/04 FELIXSTOWE/UK 05/04 BARCELONA/SPAIN 01/04 LEHAVRE/FRANCE 05/04 GENOA/ITALY 03/04 ANTWERP/BELGIUM 05/04 LOS ANGELES/WC/IPI 02/04 SYDNEY/MELBOURNE 01/04 NEW YORK/EC 02/04 FREMANTLE/ADELAIDE 01/04 VANCOUVER 07/04 BRISBANE 05/04
      700 words
    • 691 45 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Line*) FAX: *****15/*****03 Pf TELEX: RS ***** RISHIP (3 Line*) ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA LOADING FOR SPORE ANOtNET 30WB IS/04 OABESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT 32W8 mm DARESSALAAM
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    • 990 45 ■^shbuhhi JAKARTA BANGKOK r— «n wr I m mt was. ww wmmm umum VMA BHUM IMS m ft 3/4 6 KO/WTStV ?ON Wed 1 PI S»l 3/4 RAIA BHUM 71S 2/4 MAHA BM» _151 N. _Wed MM Sun V* Hi 571 T7i MM) BHUM 7ON fn 2/4 Hon 5/4 I
      990 words

  • Page 46 Advertisements
    • 1487 46 CONTAINER LINES o\y\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 (TUES/THURS/SAT) FOR BOOKING, PLS CALL *****22 XIU-HIIA. JAMES. WEE GIN. JO aHa PKL: *****57 JB *****7
      1,487 words
    • 231 46 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM ML LYT SJN PREMO 23S 5/4 17/4 19/4 4/5 MJST 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. NAPIER,
      231 words
    • 994 46 f THONG SOON LINES PTE. LTD.] Mi 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: *****66 BWOAPOHK TO SARAWAK KSSEL VOY S'PORE PEST VESSEL VOY SPORE*"" PEST EQUATOR JADE 73/3E 31
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  • Page 47 Advertisements
    • 810 47 snipping rimes, weanesaay marcn si 1990 ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ftCCEFTMG MEMBULK/SOC CARGOES 10 FROM KOBE. YOKOHAMA. NAGOVA. MO*. TOKYO*. MANIA* DAVAO*. Penanj* P. KHanj Srjapore Etfeia* KAMAL EVERETT VISE PT-9/01 Apr KARAOEVERETT VIIE 09/10 Apr 11/12 Apr SHAPIAEVERETT VISE 30 Apr/01 May ACCEPT*#; BREAK BULK/FCLSOC CARGOES TO/FROM
      810 words
    • 286 47 Ife 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 VIII 8/4 13/4 14/4 4/5 SP PKL HCM HK KAO GLORY SELATAN X 20/4
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    • 657 47 PGSL WORLDWIDE HIUUH CLOBE STEAMEHS UHES REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER NO 2 Connecting Feeder to Shantao LIAN BO NO 9 WE HV LEASING CONTRS FOR RENTAL SAILING TO PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO SOUTHERN
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    • 489 47 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN ALSO CALLING PT. ELIZABETH/JOHANNESBURG TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN ALSO ACCEPTING CONTAINERS TO TUDCORW/ BANGALORE/COCHIN AND NEW DELHI WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED
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    • 367 47 SIN FUR EAST 6/4 KEELUNG/KAOHSIUNG 3/4 BANGKOK 5/4 MANILA/CEBU 4/4 JAKARTA/BELAWAN/SURABAYA 5/4 PORT KELANG/PENANG/E. MALAYSIA 5/4 BUSAN 4/4 TOKYO/YOKO/KOBE/NGO/OSA 5/4 HONG KONG S|N CHINA 5/4 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU XIAMEN /SHANTOU SHEKOU DALIAN SHANGHAI/ XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S!N EUROPE/UK 5/4 LDN/FLX/LVP/SOU 5/4 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech.
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  • Page 48 Advertisements
    • 646 48 HON6 KONG/CHINA 5/4 A 12/4 JAKARTA 4/4 A 11/4 BANGKOK 3/4 7/4 MANILA 5/4 12/4 BUSAN 5/4 12/4 KEELUNG 6/4 13/4 TOKYO/KOBE 4/4 11/4 KAOSHIUNG 2/4 9/4 PORT KELAN6/PENAN6 4/4 11/4 YOKOHAMA 4/4 COLOMBO 6/4 13/4 FELIXSTOWE/HAMBUR6 3/4 10/4 CHITTAGONG/MADRAS 7/4 14/4 ROTTERDAM/LE HARVE/ANTWERP 3/4 10/4 BOMBAY/KARACHI 5/4 12/4 BARCELONA.
      646 words
    • 452 48 Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND STH APRIL •ACCEPTING TO ALL PORTS IN NEW ZEALAND PENANG 8 APR PORT KELANG 8 APR JAKARTA 4 APR BANGKOK 4 APR FREMANTLE 8 APR SYDNEY 8 APR MELBOURNE 8 APR BRISBANE 15 APR I GOTHENBURG 3 APR I I*ACCEPTING TO ALL
      452 words
    • 524 48 This Week's Sailings Singapore I FIRST FORWARDER IN To: EID lo: ETD asia awarded Singapore Singapore ,so 90 °2 BY lrqa EVERY EVERY Bangkok SUN Hamburg SAT EVERY EVERY Manila SUN Ho Chi Minh FRI j flJl g)| EVERY EVERY Colombo TUE Los Angeles SUN 1 INTERNATIONAL SEA FREIGHT FORWARDMG
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    • 189 48 I H NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHVNEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ FELIXSTOW E/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI. SHAH AL\M AKRONS EXPRESS BONDED CONSOLIDATION Depart
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  • Page 49 Advertisements
    • 1267 49 VESSEL/VOYAGE MjSjWlt DURBAN PORT ELIZABETH CAff_ToWl__ VAAL V9265F 31/3 12/4 14/4 18/4 NEDILOYD COLOMBO V9364F 10/4 22/4 24/4 28/4 OSAKA Mm VS469f 20/4 2/5 4/5 6/5 HAKATA V9332F 30/4 12/5 14/5 16/5 ORANJE V9509f ?/5 21/5 23/5 25/5 HAtAKAWA MAW V%6«f 19/5 31/5 2/8 4/8 "ALSO ACCEPTING AIR CARGO ON
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    • 65 49 "BANGKOK" PJLT. KLONG TOEY PORT ETA ETA VESSEL VOY Sit BANGKOK NANTA BHUM 135N 03/04/93 07/04/93 MAHA BHUM 152N 07/04/93 11/04/93 NANTA BHUM 136N 10/04/93 14/04/93 MAHA BHUM 153N 14/04/93 17/04/93 (MAHA BHUM IS A FULL THAI FLAG VESSEL) ETA ETA ETA VESSEL VOY SM MANM CEBU AKA BHUM 118
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    • 110 49 j -fMBPjy CRYSTAL FREIGHT SERVICES PTE LTD S. TOLL FREE LINE *****88 A &jG MAIN LINE: *****88 uummn I Jitum/iMMM I uimw 5/4 7/4 AUCKLAND 4/4 ANTWERP 4/4 bmqaE A/A ADELAIDE 23/4 FELIXSTOWE 3/4 Knur 9/4 7/4 BRISBANE 16/4 HAMBURG 4/4 HONGK° NG 2/4. 7/4 FREMANTLE 4/4 ROTTERDAM 4/4 Surabaya
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  • Page 49 Miscellaneous
    • 336 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 1.7 2.2 26 2.1 2.7 2.6 2.2 1.7 1.3 10 09 08 09 1.1 1.4 1.6 1.1
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  • Page 50 Advertisements
    • 696 50 i. cosco 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 15/04 20/04 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHIN A/BANQK OK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHt
      696 words
    • 161 50 A EES FREIGHT SERVICES PTE LTD H BrTTri #01-60 Wallich Building, Singapore 0207 in Tel: *****66 (10 Lines) Fax: *****69/*****44 AIRPORT OFFICE: *****11 *****13 (FAX) IMPORTING FROM USA WE PROVIDE WEEKLY SAILINGS WITH FAST TRANSIT TIMES AND LOW INLAND RATES ENQUIRIES: SHIRLEY/ZAINAB/ROGERS „'c, l CONTAINER LINE, LTD. CHICAGO NEW YORK
      161 words
    • 528 50 CROSS WATER I KAO OFFICE: »1 SDtANGOON RON) #K-N SERANGOON HUNG S(0C1) RMttflUSt (OS) RK 37 #M-n/« TG PAG* FIOGMT STATWH ID.: *****15 psTmcTfSn^^M^Ta I PT KELANG/PENANG I 5/4 ■ajjßii»ryj^if«ngninTc^M674 I TOKYO/YOKOHAMA 5/4 KQ!IISQ33!HHH^HUZII BUSAN 5/4 WM til 11 =75^BlTT I USA 1 4/4 1 SYP/MELB I 8/4 d sN
      528 words
    • 383 50 WORLDGATE EXPRESS UNES PTE LTD Tel: *****11 Fax: *****73 Telex: ***** WGATE NEXT VESSEL CONSOLIDATION TO BOM/KAR/CMB 5/4 KEELUNG 4/4 PORT LOUIS 6/4 HONG KONG 5/4 BARCELONA 3/4 KAO/BKK 3/4 PORT KELANG 1/4 CALCUTTA 6/4 NATIONAL EXPRESS J FORWARDERS (S) PTE LTD 133 NEW BRIDGE ROAD #14-02 CHINATOWN POINT SINGAPORE
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  • Page 51 Advertisements
    • 781 51 A HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE [VESSELS VOY I PWA PKE PGP VESSELS VOY SIN HTM WW* LEH* HAM BREj FEI HMM ADVANCE 10A 23/03 24/03 26/03 H. PIONEER 302* 28/03 16/04 16/04 17/04 11/04 18/04 20/04 HMM AOVANCE UA 30/03 31/03 01/04 H. FRONTER 304*
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    • 534 51 ***** STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS I INBOUND VESSELS I nuii w n we u I ctswc itstii II a» m I TAAJWK PMABC I XISMN IS 11/* 12/* >*/* I isiu ami isi iu u/« u« u I CMUIS4S SIT S IJ/4 I IMA
      534 words
    • 987 51 —Vt y Ar EXPOR^O^^^^ JEDDAH/UK/CONTINENT [SPOKE ED S TON KBURC I DAM LEH •Mm Ate**** C*p> fm HAMOIU EIPBtSS 13/312 3/4 12/4 21/4 24/4 24/4 21/4 Sw««M*tai :ItM UK Dntautan. Bdnl aid DvMn 111 41/113 1/4 14/4 27/4 2S/4 latttrtai :It M Artwtrp Amttrdan Osb. HrisNu I HAMS 14/313 14/4
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  • Page 52 Advertisements
    • 6 52 INNOVATION a Tomorrow in Business Times
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    • 51 52 1| TECHITOibGY^ Tomorrow in Business Times Finnair Business Class Speed, Comfort and Space Fly Finnair's new wide bodied MD-11 to Europe and find out why long hauls are a thing of the past. Call your travel agent or 733 3377 for more details. We know the world from start to
      51 words