The Business Times, 18 January 1994

Microfilm: NL19042
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Tuesday January 18 1994 75*
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  • 2am LATEST
    • Article
      Lock icon Dow Jones down 3.94 points
      61 1 Bloomberg Business News NEW YORK US stocks eased yesterday from last Friday's record high as trading was slowed by the Martin Luther King holiday and an earthquake in Los Angeles. The Dow Jones fell 3.94 points to 3,863.26 as of Ipm EST. Last Friday, the
      Bloomberg Business News  -  61 words
    • Article
      Lock icon Record earnings for US Bancorp
      51 1 Reuter PORTLAND, Oregon US Bancorp said yesterday its 1993 net income of U*****.9 million (*****.6 million) was the highest in its history. The company said the increase was caused by gains in bank card revenues, brokerage commissions, equity investment income, mortgage banking revenues and service
      Reuter  -  51 words
  • Article, Illustration
    MARKET SUMMARY
    111 1 Stack market indices Monday Change STII 2,277.04 -25.82 KLSEComposite...l.l04 14 -30 Nikkei 18,725.37 -248.33 Hang Seng 10.792.92 f 18.67 SET Index 1,474.11 -42.56 Jakarta Composite ...587.16 +9.47 CLSA China B 1.393.52 +21.68 Aust All Ord 2,238.2 31.8 FTSE 100 3.407.8 +7.2 Monday htthw I ma dose Dow Jones
    111 words
  • Article
    Lock icon Ringgit sinks to 2-year low against US dollar
    164 1 AFP KUALA LUMPUR The ringgit continued its decline and plunged to a new two-year low against the US dollar yesterday, hurt by the Malaysian central bank's move to discourage foreign speculation in the local currency, dealers and analysts said. The Malaysian currency
    AFP  -  164 words
  • Article
    Timber firms bag Johor broker in M$360m reverse takeover
    513 1  -  From Amy Balan in KUALA LUMPUR A GROUP of Sarawak timber companies have banded together to make a Ms36om (Ss2ll million) reverse takeover of a Johor-based broking firm. The move on Pan Pacific Asia Bhd (PPAB), announced last night, is the
    513 words
  • Article
    Lock icon Lippo Securities is first Indon broking firm to seek listing
    263 1 Reuter JAKARTA Indonesia's PT Lippo Securities, a member of the Lippo group and associated with Swiss Bank Corp, plans to float about 31 per cent of its paid-up capital in March or April, sources close to the company said. The
    Reuter  -  263 words
  • Article, Illustration
    Lock icon Major quake hits Los Angeles; 10 dead, hundreds injured
    279 1 LOS ANGELES At least ten people were confirmed dead and hundreds were injured when a major earthquake struck Los Angeles before dawn yesterday. A spokesman at Los Angeles' Cedars Sinai hospital said two people died there and a third person was
    Photo taken off CNN Live  -  279 words
  • Article
    Anwar to visit Singapore tomorrow
    106 1 SINGAPORE Malaysia's Deputy Prime Minster and Finance Minister, Anwar Ibrahim. will make an official twoday visit to Singapore from Jan 19 to 21. The Ministry of Foreign Affairs said yesterday that Mr Anwar would call on Prime Minister Goh Chok Tong. Senior Minister Lee Kuan
    106 words
  • Article
    Volumes thin out as region's investors turn cautious
    322 1  -  By R Sivanithy SINGAPORE Investors in the region yesterday switched to a short-term mode as they took profits while adopting a wait-and-see attitude. After last week's plunges throughout the region, dealers reported a noticeable air of caution among punters. "People are waiting
    322 words
  • Article
    OCBC raises prime rate by quarter-point to 5.25pc
    532 1  -  Analysts do not expect adverse effect on stock market By Shiv Taneja SINGAPORE One week after the United Overseas Bank raised its prime lending rate by half a point to 5.5 per cent. OCBC Bank increased its prime rate, but by only
    532 words
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      7 1 Property: Pg 12 S'pore team decorating China
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      6 1 Office Rental: Pg n Firm expectations
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Export prices continue to dip
        320 2  -  By Schutz Lee THE prices which Singapore gets for its exports were weak for the major part of last year. In fact, they fell for seven months from May to November. In May, the overall export price index hit a high for the year at
        Source: Dept of Statistics  -  320 words
    • Article
      Nippecraft gets award from Woolworth
      125 2 NIPPECRAFT, one of Singapore's largest specialised manufacturer of stationery, received a commendation award from American department store giant Woolworth yesterday. The award, presented by Fred E Hcnnig, president of the Woolworth Corporation, was in recognition of the company's "outstanding services and the quality of. its
      125 words
    • Article
      PM Goh leading top-level team to India on Sunday, many corporate deals likely
      330 2  -  By Walton Morais PRIME MINISTER Goh Chok Tong will lead a high-powered delegation of government ministers and business leaders on an official visit to India on Sunday which he hopes will "spark off a mild India fever".
      330 words
    • Article
      Civil servants better off under new medical benefit schemes: BG Yeo
      435 2  -  Yesterday in Parliament By Chuang Peck Ming WHICHEVER medical benefit scheme civil servants choose, they will still be better off after the 1994 pay revision, Health Minister George Yeo gave this assurance in parliament yesterday. The Medishield and a
      435 words
    • Article
      Medishield scheme extended to Class A and B1 wards
      531 2  -  By Chuang Peck Ming FROM July 1, medical insurance coverage under the government's Medishield plan will be extended to cover those using higher classes of hospital wards, or who do not enjoy medical benefits in kind from employers. Called Medishield Plus,
      531 words
    • Article
      Raise CPF withdrawal age to 60: Boon Heng
      535 2  -  Labour chief stresses danger of premature use of CPF funds By Anna Teo THE Central Provident Fund withdrawal age should be raised from 55 to 60 years to better ensure financial security for retirees, labour chief Lim Boon Heng said yesterday. Mr
      535 words
    • Article
      Singaporean pays $800,000 for 30-room hotel near Shanghai
      291 2  -  By Quak Hiang Whai $800,000 will buy only a condominium or outer-suburban terrace house in Singapore. But in a town near the Chinese city of Shanghai, it buys a three-storey. 30-room hotel. And not just any hotel, but one that boasts an
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    • IN BRIEF
      • Article
        More Medishield-Plus type schemes?
        77 2 THE GOVERNMENT plans to allow private insurance companies to offer competing Medishield-Plus type schemes, said Health Minister George Yeo yesterday. They would offer similar benefits, drawing on individuals' Medisave accounts. The Health Ministry has begun discussions with NTUC Income, which is launching its scheme soon. "We
        77 words
      • Article
        Call to review EDB's finance schemes
        72 2 A LOCAL ENTREPRENEUR setting up a factory in China would not be able to get any government financial help under the Economic Development Board's local enterprise finance scheme, said Kampong Glam GRC Member Wong Kwei Cheong. Can these rules be reviewed, he asked. The
        72 words
      • Article
        Non-material aspects neglected?
        61 2 DID the Presidential address to Parliament place too much emphasis on economics and neglect the non-materialistic aspects of social life? Some grassroots leaders and professionals at a Feedback Unit dialogue thought so, said the unit's chief, Leng Kee MP Ow Chin Hock. The cultivation of moral and
        61 words
      • Article
        Call for panel to review family issues
        78 2 A high-powered ministerial committee should be set up to plan, review and coordinate policies related to the family, including issues on the young, women and the elderly, the MP for Yuhua, Yu-Foo Yee Shoon. said yesterday. The committee would provide the driving force
        78 words
      • Article
        Discourage irresponsible procreation
        114 2 ON the same topic. Nominated MP Toh Keng Kiat said he would appeal to the "good civic sense" of the Singaporean woman in encouraging her to marry, and to have at least two kids if she can afford it. But Dr Toh dismissed as "irresponsible procreation" the
        114 words
      • Article
        Why the 'others' group has shrunk
        101 2 BETWEEN 1979 and 1980. the number of Singaporeans classified as "others" in race fell from 50.000 to 22,187. While it took almost four years for the national population to return to 1979 levels, the "others" group has never recovered. As there was no catastrophic
        101 words
      • Article
        Bill on Privy Council appeals tabled
        28 2 THE Judicial Committee (Repeal) Bill, which seeks to abolish all appeals to the Judicial Committee of the Privy Council, was tabled yesterday.
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    • Article
      Reverse mortgages — major banks want govt to make first move
      266 2  - Reverse mortgages major banks want govt to make first move By Sylvia Wong MAJOR players in the home loans market are studying a parliamentary suggestion to allow elderly homeowners to take reverse mortgages on HDB flats to meet living expenses after retirement. But they are non-commit-tal about implementing such policies
      266 words
    • Article
      Chinatown retailers unruffled by interest rate increase
      307 2  -  By Teh Hooi Ling RETAILERS building up stock for the Lunar New Year are not worried about the prime interest rate rise by UOB last week and OCBC yesterday. Provisions Suppliers Corporation (PSC). NTUC FairPrice. Emporium Holdings and small retailers in Chinatown say
      307 words
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  • THE REGION
    • Article, Illustration
      Lock icon Kitingan found guilty, but there's victory in defeat
      744 3  -  From Leslie Lopez in KOTA KINABALU JOSEPH Pairin Kitingan, Chief Minister of the opposi-tion-led East Malaysian Sabah state, was yesterday found guilty of corruption by a High Court. But the sentence passed was not severe enough to throw the embattled leader into
      Bernama  -  744 words
    • Article
      Asean earns record US$18b from tourism
      241 3  -  By Sylvia Wong SINGAPORE Asean countries collectively earned a record U5518.53 billion (5529.6 billion) from tourism in 1993, making it one of the region's biggest sources of income. The 11 per cent increase in earnings was based on an 8.3 per cent rise in
      241 words
    • Article
      Lock icon US urges Jakarta to further improve workers' rights
      274 3 Reuter JAKARTA US Treasury Secretary Lloyd Bentsen yesterday urged Indonesia to further improve workers' rights to help win continued trade concessions from the United States. Washington has given Jakarta until Feb IS to improve labour rights or lose trade concessions on about
      Reuter  -  274 words
    • Article
      Lock icon Indonesia, Malaysia, Thailand hold second meeting to boost growth triangle
      266 3 The Straits Times KUALA LUMPUR The second meeting of the Indone-sia-Malaysia-Thailand Growth Triangle (IMTGT) which begins in Haadyai tomorrow is expected to boost cooperation among the private sectors of the three countries. The Malaysian chairman of the IMTGT, Daim Zainuddin,
      The Straits Times  -  266 words
    • Article
      Lock icon HK investors keen on Manila retail sector
      161 3 AFP MANILA A Hongkong investment mission yesterday expressed interest in the Philippine retail industry, which would be opened up to foreign investors under proposed legislation. The mission, led by Hongkong Chamber of Commerce chairman Paul Cheng, was also looking into possible ventures in
      AFP  -  161 words
    • Article
      Lock icon Greedy bureaucrats and debts plague state firms: Jiang
      566 4 Reuter BEIJING The head of China's Communist Party said state firms are the key to the success of the country's ongoing economic reforms, but they remain plagued by debts, greedy bureaucrats and a lack of laws on what they own. The People's
      Reuter  -  566 words
    • Article
      Lock icon HK's Macleod warns against complacency on MFN
      588 4 Reuter HONGKONG Hongkong Financial Secretary Sir Hamish Macleod warned against complacency that United States President Bill Clinton would renew China's trade privileges, saying Congress wanted much more from Beijing on human rights and market access. Mr Macleod said that US extension of the
      Reuter  -  588 words
    • Article
      Lock icon Colony's office rents, luxury flat prices near all-time highs
      244 4 Bloomberg Business News HONGKONG The colony's booming real estate market continued to soar during the last quarter of 1993, taking top-class office and luxury apartment prices within striking distance of all-time highs, said real estate broker Jones Lang Wootton. "The substantial
      Bloomberg Business News  -  244 words
    • Article
      Lock icon Seoul to spend 391b won on new technology
      231 4 Reuter SEOUL South Korea will spend 391 billion won (***** million) in 1994 to develop new technology for car, electronics, aerospace, steel and other industries, the Trade Ministry said. Of the sum, the government will provide 161 billion won to help speed
      Reuter  -  231 words
    • Article
      Investors in HK stuck with failed Venezuela bank's debt
      426 4  -  Frtm Catherine Ong In HONGKONG JHE financial crisis of Banco Venezuela's second togest bank, has left high netwt>rth clients of several banks i«t'Hongkong stuck with over Csslo million (S$ 16 million) of t he bank's debt paper. -I Banking sources here
      426 words
    • Article, Illustration
      Lock icon Controversial Mao documentary for HK station?
      110 4 AFP HONGKONG Mao Zedong is surrounded by young women in this scene (abort) from the BBC documentary Mao Zedong: The Last Emperor, being introduced by activist Lau Shan-chine at its first screening here. The colony's biggest television station yesterday said it had yet to
      AFP  -  110 words
    • Article
      Lock icon China joins Taiwan in survey of Spratlys
      202 4 Reuter TAIPEI Taiwan and China would cooperate in a joint scientific expedition to survey waters around the disputed Spratly Islands in the South China Sea, the head of the Taiwanese scientific team said yesterday. The expedition would be the first time Taiwan and
      Reuter  -  202 words
    • Article
      Lock icon Rise in HK graft stems from China: official
      268 4 Bloomberg Business News HONGKONG A jump in the number of corruption investigations last year in Hongkong can be traced back to China, the territory's top graft buster said yesterday. Speaking at an American Chamber of Commerce luncheon. Hongkong's commissioner for the Independent
      Bloomberg Business News  -  268 words
    • ASIA NOTES
      • Article
        Lock icon Jakarta confirms investment ruling
        85 4 Reuter JAKARTA Indonesia reaffirmed yesterday it would allow foreign investors to finance 100 per cent of major projects, but remained cautious about domestic funding for big schemes. "Me-ga-projects funded 100 per cent by foreign investment is allowed." Investment Minister Sanyoto Sastrowardoyo said after meeting President Suharto.
        Reuter  -  85 words
      • Article
        Lock icon Suharto meets Chinese general
        48 4 Reuter JAKARTA Indonesia's President Suharto met visiting senior Chinese General Liu Huaqing yesterday for M a friendly consultation". "We discussed the relationship between China and Indonesia," said General Liu, first vice-chairman of China's central military commission, during his visit. He did not give details.
        Reuter  -  48 words
      • Article
        Lock icon Manila wins 35pc tariff cuts
        64 4 Reuter MANILA The Philippines has negotiated an average 35 per cent tariff cut for its 350 export products under the recently completed Uruguay Round of talks of the General Agreement on Tariffs and Trade, a senior diplomat said. The cut would increase the country's access
        Reuter  -  64 words
      • Article
        Lock icon Japan sales tax rise not automatic
        69 4 Reuter TOKYO Ichiro Ozawa. chief strategist for Japan's ruling coalition, said the government planned to cut income taxes to help boost the economy but added that a rise in the consumption (sales) tax was not imminent. "Income tax cuts will be one aspect of
        Reuter  -  69 words
      • Article
        Lock icon Rafidah calls Keating a busybody
        75 4 Reuter MANILA Malaysian Trade and Industry Minister Rafidah Aziz has called Australian Prime Minister Paul Keating "a busybody" who had no right to criticise Kuala Lumpur's decision to stay away from the Apec summit in Seattle. "This (Keating) is a busybody. He was a third
        Reuter  -  75 words
    • Article
      Lock icon Tokyo plans tax cuts of 6 trillion yen
      686 6 Proposal is part of an economic stimulus package expected later this month Reuter TOKYO Japan's ruling coalition hopes to craft a compromise soon that will pave the way for income tax cuts worth .six trillion yen (5586.2 billion) to seven trillion yen.
      Reuter  -  686 words
    • Article
      Lock icon Plan by Japan to open construction market may forestall US sanctions
      493 6 NYT TOKYO Japan has prepared a plan for opening its public sector construction market for biddipg by foreign companies, making it more likely that Washington will not impose trade sanctions on Thursday, an American official said on Sunday. "I
      NYT  -  493 words
    • Article
      Lock icon Japanese economy expected to contract again this year
      352 6 Reuter LONDON The Japanese economy is likely to contract in 1994 for the second year in a row, according to the latest research by IBJ International in London. "The position of the Japanese economy is dire," says the firm's economists in the
      Reuter  -  352 words
    • Article
      Lock icon Benazir's mum denies police raided her home, arrested staff
      299 6 Reuter ISLAMABAD Nusrat Bhutto, mother of Pakistani Prime Minister Benazir Bhutto, denied on Sunday that the police raided her Karachi home to arrest two staff members. "Nothing has happened," she told reporters when asked about a report that police on Sunday
      Reuter  -  299 words
    • Article, Illustration
      Lock icon Washermen's row
      42 6 Reuter BOMBAY An overhead view of the dhobi-gkmt, where more than a thousand dhokis, or washermen, do the city's laundry. These people, most of whom live below the poverty line, reside in make-shift huts along the main washing area. Renter
      Reuter  -  42 words
    • Article
      Lock icon Indian brokers' revolt ends as head of securities board leaves
      501 6 Reuter BOMBAY A revolt by defiant Indian stock brokers appears to have dissolved just in time for their nemesis to step down gracefully, analysts said yesterday. G V Ramakrishna, the feisty chairman of the Securities and Exchange Board of India
      Reuter  -  501 words
    • Article
      Lock icon New South Wales catching up with rest of Australia: economists
      462 6 Reuter CANBERRA New South Wales, Australia's most populous state and a laggard in the national recovery, is catching up with the rest of the country, economists said. Employment and consumption data both show the state, which accounts for 34 per
      Reuter  -  462 words
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      296 3 our contradiction. handling delivered by Honda s unique double-wishbone some engines twice its capacity. What else but a very exceptional To get a better perspective on the Integra, we suggest you f J. But take a moment to analyse this uniquely suspension, to its F-l technology, to the world's fastest
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      127 4 A 6-Course Meal At A Price Guaranteed To Whet Your Appetite. ($28.00 per person) If you think a Shanghainese gourmet meal should cost a lot, a visit to Chang Jiang may prove to be a very pleasant surprise indeed. For a mere $28.00 per person (min. of 2 persons),you'll he
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  • THE WORLD
    • Article
      Lock icon Clinton achieves major policy goals on European trip
      502 7 UPI WASHINGTON US President Bill Clinton was back at the White House on Sunday night after a "very successful" but physically exhausting European tour in which he said he achieved all of his major foreign policy goals. En route to Washington from
      UPI  -  502 words
    • Article, Illustration
      Lock icon US economy booming at 6pc rate: Gore
      178 7 Bloomberg Business News WASHINGTON The US economy is "booming at a 6 per cent rate" annually, while inflation declines. Vice-Presi-dent A 1 Gore said on Sunday. The economy "is once again headed in the right direction." Mr Gore said. His estimate was higher
      Bloomberg Business News  -  178 words
    • Article
      Lock icon Procedures not followed in Agusta bid: report
      234 7 Bloomberg Business News BRUSSELS The Belgian government did not follow the correct procedures when it awarded a 12 billion Belgian franc (SSSI7 million) contract to Italian company Agusta in 1988, according to government watchdog Conseil Superieur de Controle, newspapers said. The CSCs evidence
      Bloomberg Business News  -  234 words
    • Article
      Lock icon British industrial output up 0.4pc in November
      263 7 Bloomberg Business News LONDON British seasonally adjusted industrial output rose 0.4 per cent in November from October and climbed 3.9 per cent from a year earlier, the Central Statistical Office said. November seasonally adjusted manufacturing production, which excludes energy output, was up 0.3
      Bloomberg Business News  -  263 words
    • Article
      Lock icon Nato may erect security barrier if Moscow reverses democratic course
      381 7 Bloomberg Business News WASHINGTON Secretary of State Warren Christopher appeared to hedge Washington's bets on reform in Russia on Sunday, saying that if Moscow reversed its democratic course, Nato would consider "the erection of a security barrier" in Europe. In
      Bloomberg Business News  -  381 words
    • WORLD WATCH
      • Article
        Lock icon Minister seeks non-Opec output cuts
        99 7 Reuter MANAMA Omani Oil Minister Said Bin Ahmad al-Shanfari is scheduled to visit Saudi Arabia today to discuss his drive for non-Opec output cuts. An Omani oil ministry official said Mr Shanfari's main focus now was to consult with his Gulf Arab colleagues on his
        Reuter  -  99 words
      • Article, Illustration
        Lock icon Zulus on war path
        53 7 AFP ALEXANDER, South Africa Zulus armed with shields, sticks and spears preparing to march through Pretoria yesterday. At least seven people were reported killed as Zulus intent on marching on the Union Building in Pretoria, the seat of the government. clashed with blacks trying to get
        AFP  -  53 words
      • Article
        Lock icon Rise in Lebanon's currency reserves
        71 7 AP BEIRUT The country's foreign currency reserves rose from US$45O million (SS72O million) to about USS2 billion in 14 months. Prime Minister Rafik Hariri said. Mr Hariri toid reporters the rise in treasury coffers was used to strengthen Lebanon's currency, which now rates 1,700 Lebanese
        AP  -  71 words
      • Article
        Lock icon Dole opposes employer mandates
        88 7 Reuter WASHINGTON Senate Republican Leader Bob Dole said he could not support health-care reform if it required employers to provide health insurance to all employees and to pay at least 80 per cent of the cost. "I cannot support that kind of a health-care plan. We
        Reuter  -  88 words
      • Article
        Lock icon Rexrodt under fire for tax comments
        69 7 Reuter FRANKFURT Economics Minister Guenter Rexrodt has come under fire from CSU party General Secretary Erwin Huber for his recent comments that there may be scope to reduce taxes and welfare contributions from 1996. In an interview with the Frankfurter Allgemeine Sonntagszeitung newspaper, Mr
        Reuter  -  69 words
    • Article
      Lock icon End Israel boycott to get more investment, US tells Gulf Arabs
      471 8 Reuter RIYADH US Commerce Secretary Ronald Brown told Gulf Arabs on Sunday an end to the Arab boycott of Israel would pave the way for more American investment. "The boycott issue is one that cries out to be resolved,"
      Reuter  -  471 words
    • Article
      Lock icon Apec finance ministers will meet in Hawaii, says Bentsen
      198 8 Knight-Ridder JAKARTA Finance ministers from the Asia-Pacific Economic Cooperation group will meet on March 18 and 19 in Hawaii to discuss economic policies to strengthen ties, US Treasury Secretary Lloyd Bentsen said yesterday, Kyodo News Service reported. "We want to encourage
      Knight-Ridder  -  198 words
    • Article
      Lock icon Quebec separatists add to division in Canadian parliament
      440 8 Reuter OTTAWA Canada will appear more divided than ever when Parliament resumes this week with Quebec separatists sitting across the aisle of the House of Commons for the first time as the country's official opposition party. The Bloc Quebecois, whose ultimate goal
      Reuter  -  440 words
    • Article
      Lock icon Italy begins bumpy trip to landmark election
      488 8 Reuter ROME Italy embarked on an uncertain road to general elections under a complicated new voting system on March 27 after President Oscar Luigi Scalfaro finally dissolved the country's scandal-tainted parliament. About a third of the members of the outgoing legislature are being
      Reuter  -  488 words
    • Article, Illustration
      Lock icon Adieu to war and peace
      45 8 Renter SARAJEVO Ukrainian United Nations soldiers bidding goodbye to each other before leaving the besieged capital at the end of their tour of duty on Snnday. Replacements arrived in the same aircraft that flew the unit out of Sarajevo. Renter
      Renter  -  45 words
    • Article
      Lock icon British steel industry doing as well as the rest
      154 8 Reuter LONDON Strong growth in exports and output over the last 12 years shows the UK steel industry is now performing as well as any in the world, according to Confederation of British Industry report. The report, compiled jointly with the
      Reuter  -  154 words
    • Article
      Lock icon Thousands protest against French govt's education proposal
      524 8 NYT PARIS The French economy may be stagnant and unemployment still rising, but it took a perceived threat to the public school system to bring hundreds of thousands of people into the streets of Paris on Sunday in the first major protest against
      NYT  -  524 words
    • Article
      Lock icon EC limit on banana imports splits exporters
      357 8 AFP SAN JOSE Latin America's banana-exporting countries have split over efforts to get a better deal from the European Community, which has moved to restrict banana imports. Four of the exporting countries Costa Rica, Venezuela, Colombia and Nicaragua are pressing for negotiations with
      AFP  -  357 words
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      198 8 MT2 University of South Australia DOCTOR OF PHILOSOPHY (Ph.D.) DEGREE IN BUSINESS AND MANAGEMENT Ist Intake March 1994 By Research BHI Admission Requirements: An MB A degree or a specialist Master's degree plus substantial management, business, consultancy or academic experience. Holders of a first class honours degree from a reputable
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      13 8 Face of Mideast could change if Assad acts on his words, Pg 14
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  • SPORTS
    • Article, Illustration
      Lock icon Capriati, only 17, puts racquet in mothballs
      613 9 NYT WESLEY CHAPEL, Florida In a twist on early retirement that's unprecedented in tennis, Jennifer Capriati, 17, has decided to temporarily walk away from the sport that anointed her its brightest superstar yet at 13 but has imce brought her as much stress
      NYT  -  613 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        20 9 Reuter NEW YORK NBA Sunday: New Jersey 99 Utah 94; Boston 105 Denver 100; Portland 106 Charlotte 101. Reuter
        Reuter  -  20 words
      • Article, Illustration
        Lock icon Golf
        239 9 Reuter AFP AFP HONOLULU, Hawaii Hawaiian Opea final round scores Sunday (US unless stated): 269 Brett Ogle (Aust) 66 66 69 68 270 Davis Love 68 60 71 71 272 John Huston 70 68 67 67 273 Corey Pavin 68 70 70 65 274 Jesper Pamevik (Swe) 71 66
        Reuter; AFP  -  239 words
      • Article, Illustration
        Lock icon Ice hockey
        30 9 Reuter NEW YORK NHL Saaday: Philadelphia 5 LA 2; Dallas 2 Buffalo 4; Winnipeg 2 Tampa Bay 3 (OTy, Chicago 1 NY Rangers 5; Anaheim 3 Vancouver 4.
        Reuter  -  30 words
      • Article, Illustration
        Lock icon Tennis
        304 9 AFP MELBOURNE Australian Open Ist Rd yesterday Women's singles: Steffi Graf (Get) b Kimberfy Po (US) 6-1, 2-0 (retired); Caroline Kuhlman (US) b Kann Kschwendt (Ger) 6-4 6-1; Julie Halard (Fra) b Kerry-Anne Guse (Aust) 6-0 6-2; Amanda Coetzer (SA) b Petra Begerow (Ger) 6-1 6-3; Nadine Ercegovic (Cro)
        AFP  -  304 words
    • Article, Illustration
      Lock icon Ogle pips Love to win Hawaiian Open
      426 9 Golf AP HONOLULU Australia's Brett Ogle overtook a faltering Davis Love 111 and shot a four-under-par 68 on Sunday to win the Hawaiian Open, his second victory in the US. He took the lead to stay with a two-stroke swing, his birdie against
      AP  -  426 words
    • Article
      Lock icon Courier rallies to win
      638 9 Australian Open AP MELBOURNE Jim Courier took four hours and 42 minutes to subdue feisty fellow American Bryan Shelton yesterday and keep alive his dream of a third straight Australian Open title. Courier rallied from 1-3 and 0-40 in the final set to beat Shelton 4-6,
      AP  -  638 words
    • Article, Illustration
      Lock icon Cowboys, Chiefs advance after brave fight
      598 9 NFL Super Bowl AFP DALLAS, Texas Defending champion Dallas and four-time Super Bowl winner Joe Montana moved within one victory of the National Football League's title game with playoff victories on Sunday. Montana completed 22 of 38 passes for 299 yards and three second-half
      AFP; Reuter  -  598 words
    • SIDE LINES
      • Article
        Lock icon Harding denies any part in attack
        108 9 AP PORTLAND, Oregon Tonya Harding took the offensive on Sunday in her fight to save her Olympic berth, insisting she had nothing to do with the attack on Nancy Kerrigan and expressing anger that anyone in her camp might have. Harding's attorney. Dennis Rawlinson,
        AP  -  108 words
      • Article
        Lock icon Tripod ban at skating championships
        74 9 AFP BRONDBY, Denmark Photographers tripods have been banned from the European Skating Championships here by organisers who fear Nancy Kerrigan copycat attacks. The ban is one of many extra measures ordered by Danish security officials at the championships which start today and run to the
        AFP  -  74 words
      • Article, Illustration
        Lock icon Olympic flame for Lillehammer
        55 9 Keuter ANCIENT OLYMPIA A Greek actress dressed as a high priestess giving the Olympic flame, which was lit from the sun's rays, to an acolyte on Sunday during a ceremony amidst the ruins of Ancient Olympia. The flame will travel to Norway for the 17th Winter
        Keuter  -  55 words
      • Article
        Lock icon Frost leaves the field cold
        129 9 AFP JOHANNESBURG South African David Frost carded a final round 63 for a record 21-under par total of 259 to win the South African PGA by a staggering seven shots from Zimbabwean Nick Price here on Sunday. Price. Frost and fellow South African Ernie Els
        AFP  -  129 words
      • Article
        Lock icon Lanner ends seven lean years
        96 9 Reuter SANTO DA SERRA, Madeira Sweden's Mats Lanner ended a seven-year wait for a second European golf tour victory when he won the Madeira Island Open by two strokes on Sunday. Lanner captured the new season's first tournament cut to 54 holes because of low-cloud
        Reuter  -  96 words
      • Article
        Lock icon Long-shot winner joins Globetrotters
        131 9 AFP LOS ANGELES Don Calhoun made a fortune on one basketball shot and now he is making the sport a career. He sank a basket from 22.8 m last April at a Chicago Bulls game to win USSI million (551.61 million) as part of a promotion.
        AFP  -  131 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      108 9 2-3 February 1994 A KL Hilton Information-packed one-and-a-half day conference on I Structuring Joint Venture Agreements Selecting a Partner Negotiating and Drafting Joint Venture Contracts Establishing a Joint Venture Company Distribution Agency Agreements License Agreements and Technology Transfer Resolving Contractual Disputes Double Tax Treaties Authoritative panel of speakers from ▲Ministry
      108 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      538 10 M Nothing Beats A Bud. or m §M 3 Swimsuit Fantasy Enjoy a swimwear parade every Wednesday at 9 pm at our newly refurbished Lobby Lounge. Relax to live entertainment and sip your favourite thirst-quenchers. Happy Hours from spmto 8 pm ULJULJy UJUIK^ daily. orchardOhotel SMCAfoaf English Karaoke lounge m
      538 words
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      Page 10 Advertisements Column 2
      312 10 WHERE TO WINE, DINE AND ENTERTAIN Our Bird's Nest will please your palate as well as your pocket. We've just added Bird's Nest delicacies to our menu at really 11 affordable prices. Whether ifs a Bird's Nest main dish or dessert*, you won't be disappointed, f P In fact, you'll
      312 words
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      Page 10 Advertisements Column 3
      339 10 t£;i see its Widest appetiser cfioice. If we were to lay the appetiser spread at our monthly international lunch buffet down Orchard Upad, you'll have the widest choice in town. Lit■ erally and wonderfully. IQP Jor res er oat ions, please calt *****51. Italian 'Buffet for the month of January
      339 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Let it Be true! Beatles three to record together
      355 11 Reuter FOR the first time since the Beatles called it quits in 1970, the group's three surviving members have a Arm date for a recording session, according to Monday's issue of the New Yorker magazine. Paul McCartney, George Harrison and Ringo
      Reuter  -  355 words
    • Article
      Lock icon Countess's canine heir finds a dog's life not to be sniffed at
      572 11 Reuter AONE-year-old German shepherd about to become the richest dog in Italy is living a life of luxury near Pisa, relaxing in his jacuzzi as he awaits millions of dollars left to him by a German countess. Gunther
      Reuter  -  572 words
    • Article, Illustration
      Lock icon Bryan Adams in Vietnam
      272 11 Reuter CANADIAN chart-topper Bryan Adams is believed to be the first major Western pop star to perform in Ho Chi Minh City in Vietnam since soul singer James Brown performed for US troops there during the war. Adams played before 3,000 or more well-heeled young Vietnamese
      Reuter  -  272 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      174 11 GENUINE TASTE OF ITALY. Come and dine at Pasta Fresca. Let our wide range of authentic Italian pasta, pizzas, Ice-cream and cappuccino thrill you. And of course, don't miss our most-talked about dessert, Tiramisu. PASTA FRESCA DA SALVATORE PTE LTD BLK 833 iOI-03 ROYALVUJE BUWT TIMAH ROAD SINGAPORE 1027 TEL:
      174 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1110 11 The LookaNka, 11.15pm, SBC 5 Having lost her daughter in an Melissa Gilbert- \^B Brinkman has a fragile hold on herself. This hold loosens when she sees a girl who looks exact- ,1 herself as a child. Sus- j pecting that her daughter survived the accident, she Ifl searches for
      1,110 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Lock icon Beijing's designs on decor keep S'pore couple busy
      678 12  -  Staying small has paid off for this enterprising consultancy, reports Sylvia Wong Sylvia Wong A SMALL Singaporean design firm, Tema Colleciones Design Consultants, has clinched a 10-year contract with the Beijing government to handle the interior decor of more than 40 projects
      Photo by Chris Loh  -  678 words
    • Article
      Jones Lang Wootton expects office market to firm
      432 12  -  By Abdul Hadhi Property consultants Jones Lang Wootton expects activity in the local office market to pick up this year. In its latest report on the sector, JLW Research says demand from domestic and foreign businesses is expected to be strong. Due
      432 words
    • Article
      Sentosa's food village to be ready in June '95
      246 12 CONSTRUCTION-based Hiap Hoe group expects to start work on its proposed food village 011 Sentosa island in April this year and complete it by June 1995. Speaking after the building agreement signing ceremony with Sentosa Development Corp last week, Hiap Hoe
      246 words
    • Article
      PROPERTY WATCH
      235 12 Jones Lane HI- mwuuuui -I, j M n Ji 111 oowcmxj mancet transactions in the past week ii i« i *«r m 1 1 11 Jan 12.1994 0409 Mo>i< Fiber Lodge Apt 1090 FH 400,000 367** Jw 15,1994 0511 Vl* Parte Apt 1250 99LH 500,000 400 Jtti 13.1994
      235 words
    • Article
      Lock icon Japan plans to open construction market, US remains hopeful
      475 12 NYT JAPAN has prepared a plan for opening its pub-lic-sector construction market for bidding by foreign' companies, making it more likely that Washington will not impose trade sanctions on Thursday, a US official said on Sunday. "I cant tell you it's
      NYT  -  475 words
    • Article, Illustration
      Lock icon Interest in M'sian condos still firm
      898 13  -  The Highland Tower tragedy has surprisingly left the M'sian condo market unscathed, reports Yong Soo Heong Yong Soo Heong Bernama INTEREST in condominiums in the Klang Valley and other urban centres in Malaysia is still relatively strong despite the recent collapse of Highland Tower,
      Bernama  -  898 words
    • REGIONAL SKYLINE
      • Article
        Accord on industrial parks in Vietnam
        42 13 TAIPEI Taiwan and Vietnam have signed an agreement to jointly develop industrial parks in Vietnam in a bid to encourage Taiwanese investments in the Indochinese country. The Nation reported. Taiwan is currently Vietnam's largest foreign investor.
        42 words
      • Article
        ERA'S real estate sales rise 62pc
        93 13 SINGAPORE ERA Realty Network Pte Ltd has announced that it achieved a 62 per cent increase in real estate sales in the fourth quarter of 1993 compared with the same period in 1992. It handled 1.455 transactions with a total value of 5292 million
        93 words
      • Article
        Facelift for Hyatt Regency in Hongkong
        94 13 HONGKONG The Hyatt Regency in Hongkong will undergo a three-year renovation programme in the second quarter of this year. The Nation reported during the weekend. The first phase of the facelift will involve the upgrading of 218 rooms and suites at the 25-year-old property.
        94 words
      • Article
        HK group to manage Thai resort
        102 13 t BANGKOK The Mandarin Oriental Hotel Group (Hongkong) will start managing the Ban Taling Ngam resort developed by First Pacific Land Partners pic on the Thai island of Koh Samui next month, The Nation reported. Construction of the resort was completed recently. The hotel
        102 words
      • Article
        5-star status for Shangri-La Shenzhen
        54 13 SINGAPORE The deluxe 553-room Shangri-La Hotel, Shenzhen, has been awarded five-star ranking by the National Tourism Administration of China in its first year of operation. The criteria for the award are excellence in hotel facilities and service. The award is based on the recommendation of
        54 words
      • Article
        Seminar on project management
        67 13 SINGAPORE Conference and Exhibition Management Services Pte Ltd is organising a two-day seminar in Singapore on "Results-oriented project management in the construction industry". It will be held on Mar 17 and 18 at The Oriental. The seminar leader is Alan Patching, who used to work for
        67 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      167 12 INTERNATIONAL PROPERTY MARKET Mipim 94 11-14 MARCH 1994 CANNES FRANCE The major rendez-vous for property market specialists MIPIM has become a forum merctal. Industrial. Leisure Propwhere high-level contacts are erty and Joint ventures. In made. Over 5,000 professionals addlttion to the direct contacts representing 1.700 companies you wfll make, the
      167 words
    • Advertisement
      Page 12 Advertisements Column 2
      205 12 This power-facked seminar will impart practical knowledge on how to be effective in motivating debtors to pay. Turn debtors' excuses for not paying into commitments to pay. Include workshop discussions, video presentation, questions answers and course notes. Who Should Attend Credit Managers, Bill Collectors, Credit Officers all personnel who are
      205 words
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  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      104 13 Fact is, Elvis Pnh'np aid leae ta their new hnngnnt at The Concourse Basemen! 11rani January. We've hrnnght sane essentials aver Iran Dmtaa Hill, namely the nteosphere which inelndes The King's music, mnvies, concerts; nil nn tapes, discs nnd videos. Along with n repertoire ot R&B, Rock ft Roll end
      104 words
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  • Article
    Gaidar's exit
    580 14 YEGOR GAIDAR, the architect of Russia's nascent economic restructuring programme, resigned on Sunday, raising serious doubts about whether embattled president Boris Yeltsin has the inclination or the political will to introduce broad-based market reforms. "1 cannot serve in the government and at the same time be in opposition
    580 words
  • Article
    Spare the aged painful choice
    205 14 A NUMBER of Members of Parliament who have been debating the Presidential address this past week have contended, rightly in our view, that retirees would be loath to sell their most prized possession their flat for cash to live on. Mr Loh Meng See and
    205 words
  • Article
    Be dear on options
    145 14 CIVIL SERVANTS have until March 31 to pick any of the three options on medical benefits offered by the government. The rationale has been made known after a lengthy debate both inside and outside Parliament On the need for Singapore to act speedily in checking unnecessary
    145 words
  • Article
    Steps to racial harmony
    156 14 BRIGADIER-GENERAL (NS) George Yeo has said that mutual learning is the most important condition for good inter-racial ties. But he stressed that it was also the hardest to inculcate. Learning from another race must, of course, start with learning the language and culture of that race.
    156 words
  • Article
    US sends a message
    175 14 NO ONE outside of China will be surprised that the United States State Department's draft report on human rights has concluded that Beijing has not made sufficient progress in curbing abuses to win an extension of its Most Favoured Nation (MFN) trading status this summer. It
    175 words
  • Article
    Get rid of nuclear weapons
    127 14 ONE OF THE most serious problems created by the break =up of the Soviet Union was the creation of new states armed with nuclear weapons. Russia, Kazakhstan and Belarus were quickly to recognise their responsibility. Each of these countries entered into international agreements designed to
    127 words
  • Article
    Lock icon Face of Mideast could change if Assad acts on his words
    1233 14  -  Doyle McManus discusses the significance of the utterances made in Geneva last weekend when President Clinton met President Assad of Syria Doyle McManus Los Angeles Times IN A formal sense, US President Bill Clinton and Syrian President Hafez Assad
    Los Angeles Times  -  1,233 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      41 14 Singapore Business has the details. KXM OMNCE TO Ml MM MS SHAKES araasasiaa WSMBBS When will the party cod? Heir 3 JTJ*: haw >uxto W M Mfi r ,m V ON SALE IBky NOW Published by Times Periodicals member of «T
      41 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      131 14 it could night or D*y...D«y or SO IT'S V€AK.... NIGVtT, p*4>/ SECOND OF HOUR OF SO LdVtprr pkMV om OP U)€£X F\S Ff>& PvS IV) Co»*O£RM.€-D SO L£TS G£T THC USHOL6. twikjg OVER *NP Done unu... 8° *mOa*lW> —WW im. fO-ttM frcfc- 9tOt POONESBURY GARRY TRUDEAU UE*£ BACKUPS. W A
      131 words
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  • ANALYSIS
    • Article, Illustration
      Who will buy these Vietnamese companies?
      1406 15  -  On a recent visit to Vietnam, Harish Mehta found Hanoi's privatisation programme moving ahead in fits and starts. The accompanying article cautions foreign investors against expecting quick returns from the slowly liberalising Vietnamese economy. Harish Mehta VIETNAMESE privatisation official Tran Van Ta figures his
      1,406 words
    • Article
      Lock icon Attractive only if you're in for the long haul
      802 15 Bloomberg Business News NEWS out of Washington that the Clinton Administration is considering lifting the United States' 19-year-old trade embargo on Vietnam has heightened foreign investors' interest in the country. Yet while the communist rulers in Ho Chi Minh City have
      Bloomberg Business News  -  802 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      95 15 A SUCCESSFUL PARTNERSHIP Maruman Golf Company Japan Is pleased to announce the continuing smooth business relationship with Grand Blgwln Pte Ltd our Sole Agent In the Asean region. Hong Kong China: We also take this opportunity to thank Grand Blgwln Pte Ltd for their excellent work and express our appreciation
      95 words
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  • Article
    Lock icon China and US reach textile accord, averting trade war
    395 16 AP BEIJING US and Chinese negotiators reached a textile trade agreement yesterday, averting a possible trade war over allegations that Chinese companies illegally sell billions of dollars worth of clothing to the United States. No details of the pact were available
    AP  -  395 words
  • Article
    Lock icon Japan's anti-corruption reform package heads for showdown vote
    413 16 AP TOKYO Prime Minister Morihiro Hosokawa's package of anti-corruption Bills yesterday headed for a showdown vote that could make or break his 5-month-old government. Mr Hosokawa's ruling coalition wants to hold the vote in Parliament's Upper House the final hurdle for the
    AP  -  413 words
  • Article, Illustration
    Lock icon China hasn't done enough to qualify for MFN status, says US
    235 16 Bloomberg Business News WASHINGTON China has not achieved sufficient progress on human rights to qualify for extension of its Most Favoured Nation trading status with the United States. Secretary of State Warren Christopher yesterday said: "They've made some progress
    Bloomberg Business News  -  235 words
  • Article, Illustration
    Haven't we seen it all before?
    768 16  -  The Bottom Line NEVILLE STACK NEVILLE STACK The writer is a London-based political writer who contributed this commentary to BT AS I watched recently a Singapore hawker call her broker on the handphone, I thought "I've seen this all before". The place then was
    768 words
  • Article
    Lock icon LA emergency prompts federal aid, traders assess impact on stocks
    597 16 Reuter, AFP, AP LOS ANGELES Mayor Richard Riordan declared a state of emergency following yesterday's earthquake, and President Bill Clinton, just hack from a European visit, is being kept posted "on a min-ute-to-minute basis". Federal emergency officials yesterday said the
    Reuter,; AFP,; AP  -  597 words
  • Article
    Lock icon Yeltsin accepts Gaidar's resignation
    203 16 AFP MOSCOW President Boris Yeltsin yesterday accepted the resignation of Yegor Gaidar, the architect of Russia's reforms, but said he was determined to maintain the country's momentum towards a market economy. But Mr Gaidar's departure was seen as a severe blow to his planned reform programme
    AFP  -  203 words
  • Article
    Lock icon UN urged to allow air strikes against Bosnian Serbs
    217 16 AFP GENEVA The Organisation of the Islamic Conference yesterday called for United Nations secretary-general Boutros Boutros-Ghali to authorise air strikes "without delay" against Bosnian Serb forces. Foreign ministers from leading nations of the OIC met Mr Boutros-Ghali here to urge the
    AFP  -  217 words
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  • COMPANIES & MARKETS
    • Article
      VDH confirms plans to list power unit in Philippines
      350 17  -  By Sylvia Wong SINGAPORE Marine engineering group Van Der Horst (VDH) yesterday said it intends to form and list a power-generating subsidiary in the Philippines. It was responding to a query from the Stock Exchange of Singapore earlier in the day.
      350 words
    • Article, Illustration
      KLSE's suspension of Cash revives talk of Prajogo takeover
      455 17  -  By William Chia SINGAPORE The stock exchange suspension of Ma-laysian-listed Construction and Supplies House Bhd (Cash) last month has revived talk that the company is being stalked by Indonesian timber tycoon Prajogo Pangestu. Malaysian paper The Star has quoted sources as
      455 words
    • Article
      Bank staff undergo training for scripless share dealings
      306 17  -  By Soh Tiang Keng SINGAPORE Banks are sending their staff for training at the Institute of Banking and Finance in preparation for the new dealing system to let small investors trade in scripless shares at bank counters. The Stock Exchange of Singapore
      306 words
    • Article
      DBS Land sets up holding firm for regional hotel chain
      308 17 SINGAPORE Property major DBS Land yesterday signalled its intention to go into hotel investments in a big way by setting up a company to own a chain of hotels in the region. It has incorporated Stamford Hotels Pte Ltd, an
      308 words
    • Article
      Brokers and remisiers should be allowed more leeway in hiring help
      657 17  -  HOCK LOCK SIEW By Conrad Raj SINGAPORE The recent decision by the Stock Exchange of Singapore to establish 133 authorised sales centres for stocks and shares has drawn flak from some broking quarters which are accusing the exchange of
      657 words
    • Article
      Singapore Telecom withdraws from Indian paging fray
      332 17  -  By Nirmal Ghosh SINGAPORE Singapore Telecom International (STI) will not take up an offer from India's Department of Telecommunications (DOT) to provide radio paging services in 27 Indian cities, according to a company spokesman. STI has cited unfavourable financial terms and conditions as
      332 words
    • Article
      Lock icon The Store Corp to offer 9.34 million shares at M$2.60 each
      327 17 Bernama KUALA LUMPUR The Store Corporation Bhd, formerly known as Advance Factor Sdn Bhd. is going public by offering for sale 9.34 million shares of Msl each priced at M 52.60 per share. The Store group, with 24 subsidiary
      Bernama  -  327 words
    • Article, Illustration
      Lock icon SUMMARY
      333 17 Source: Bridge Info Performance of STII's Index stocks Jan 17 Last StiM Mrt Slock uk Chft factor inn (V) Avimo 2.420 -0.010 1.56 0.57 CJK." 7 600 -0.150 4 90 8 52 CWT 2 M0 -0.130 1.93 7.39 Ccrebos 7.050 0.150 4 54 1152 FAN ***** -0 300 10
      Source: Bridge Info  -  333 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon Maybank in Indon joint venture
          64 18 Bernama KUALA LUMPUR Malayan Banking Bhd has signed a preliminary agreement to set up a joint-venture commercial bank in Indonesia with paid-up capital of 100 billion rupiah (SS7S million). May bank said yesterday the joint venture would be with PT Bank Nusa International (Nusabank). Maybank
          Bernama  -  64 words
        • Article
          Shareholder cuts Inno-Pacific stake
          93 18 SINGAPORE Inno-Pacific Holdings says substantial shareholder Indigenous Capital Sdn Bhd has a 10.5 per cent stake in the company as at Jan 14. It now owns 21.5 million shares in Inno-Pacific! Indigenous acquired about 21.5 million shares on Dec 9 after a rights issue at 27
          93 words
        • Article
          Metro appoints head of retail arm
          70 18 SINGAPORE Metro Holdings has appointed Wong Sioe Hong managing director of Metro Pte Ltd from March 1. She will be responsible for ail the retail functions of Metro and its subsidiaries. Mrs Wong, daughter of chairman Ong Tjoe Kim and sister of group managing
          70 words
        • Article
          Ang Kong Hua quits DBS Land board
          22 18 SINGAPORE DBS Land has announced that Ang Kong Hua has stepped down from its board.
          22 words
        • Article
          Lock icon AMDB subsidiary in hotel venture
          75 18 Bernama KUALA LUMPUR Arab-Malaysian Leisure Holdings Sdn Bhd has entered into a shareholders 1 agreement with Bangi Resort Development Corporation Sdn Bhd and Hotel Equatorial (M) Sdn Bhd to develop a 200-room international class hotel in Bandar Baru Bangi. Arab-Malaysian Leisure, a wholly owned subsidiary
          Bernama  -  75 words
        • Article
          Lock icon NCK unit acquires 60pc of Astarlite
          48 18 Bernama KUALA LUMPUR NCK Metal Sdn Bhd, a wholly-owned subsidiary of NCK Corp Bhd, has acquired 60 per cent of the issued and paid-up capital of Astarlite Engineering Sdn Bhd. Astarlite is involved mainly in designing, installing and servicing air-conditioning systems. Bernama
          Bernama  -  48 words
      • Article
        Lock icon Metroplex in joint paging business venture in China
        229 18 Bernama KUALA LUMPUR Metroplex Bhd yesterday announced a proposed joint-venture to establish new generation paging centres in 108 locations in China. Metroplex and Catch Com- munication Group (Catch *Comm) have agreed to set up Beijing Met Catch Telecommunication Equipment Co Ltd, with
        Bernama  -  229 words
      • Article
        Telecom unit forms marketing firm in Philippines
        90 18 •.SINGAPORE Publisher Integrated Information Pte Ltd ;(IIPL), a subsidiary of SingaIpore Telecom, is expanding in ithe Philippines. The company has set up a subsidiary called 'Integrated Marketing Services Phils. The subsidiary aims to -sell advertising space in the Philippines for lIPL publications. It
        90 words
      • Article
        Lock icon M'sian Oxygen to invest M$50m in two new plants
        307 18 Bernama PETALING JAYA Malay.sian Oxygen Bhd (MOX) will invest another MSSO million (SS29 million) to build two new plants, one in Penang and the other in the East Coast. Chairman Omar Yoke Lin Ong told reporters after the company's 33rd annual
        Bernama  -  307 words
      • Article
        Lock icon Real estate mortgage business lifts JCG's profit
        184 18 Bloomberg Business News HONGKONG JCG Holdings, which makes unsecured loans to low-income borrowers through its JCG Finance subsidiary, said its net profit rose 49.3 per cent in the fiscal year ended Dec 31. 1993 as its real estate mortgage business expanded. In a
        Bloomberg Business News  -  184 words
      • Article
        Vickers Ballas keen to tie up with Thai finance firm CMIC
        458 18  -  From Loh Hui Yin in BANGKOK VICKERS Ballas is interested in teaming up with leading Thai finance and securities firm CMIC, which is parting ways with UK broking house Baring Securities. CMIC Finance and Securities Co Ltd and Barings
        458 words
      • Article, Illustration
        Indon confectionery maker Mayora plans rights issue
        376 18  -  By William Chia SINGAPORE Indonesia's largest confectionery manufacturer, Mayora Indah, is planning a one-for-four rights issue to raise around 295 billion rupiah (SS22I million). Mayora chairman Jogi Atmadja, who spoke at a company presentation yesterday, said the company intends to use the rights
        376 words
      • Article
        Lock icon IOI makes offer to acquire rest of Lam Soon Huat shares
        296 18 Bernama KUALA LUMPUR Industrial Oxygen Inc Bhd (IOI) and several parties acting in concert yesterday made a mandatory ofTer to acquire 25.988 million ordinary shares or 41.16 per cent of Lam Soon Huat Development Bhd. The shares would be
        Bernama  -  296 words
      • Article
        Lock icon Shinawatra Satellite to be listed on Thai bourse today
        225 18 Bloomberg Business News BANGKOK Shinawatra Satellite Co Ltd, operator of Thailand's only communications satellite, will make its share listing debut on the Stock Exchange of Thailand today. Shinawatra Satellite has 175 million registered shares, of which 35 million were sold last
        Bloomberg Business News  -  225 words
      • Article
        Lock icon Auction of Manila oil firm delayed as court puts clamp on bidding
        229 18 AFP MANILA The controversial auction of a large chunk of government shares in the Philippines' largest oil exploration firm was postponed yesterday after a lower court issued a restraining order on the bidding. The bidding commitee immediately asked
        AFP  -  229 words
      • Article
        Krungthai Thanakit plans listing early next year
        353 18  -  By Quak Hiang Whai SINGAPORE Thailand's Krungthai Thanakit Co Ltd, which expects to more than double its net earnings to about 700 million baht (Ss42 million) this year, plans to list its shares on the Thai stock exchange early next year. The finance
        353 words
      • Article
        Pacific BBA takes stake in Indonesian plastics firm Dynaplast
        254 18  -  From Florence Chong in SYDNEY PACIFIC BBA Ltd. which acquired Webforge (Singapore) Pte Ltd last year, has bought into PT Dynaplast. an Indonesian plastics manufacturing company listed on the Jakarta Stock Exchange. Pacific BBA said yesterday that the shares cost about
        254 words
      • Article
        UNIT TRUSTS & FUNDS
        431 18 UNIT TRUSTS FUNDS Mwigin priow <$) Jan IS 1.02 1.05 Untied Gr Fund! 1.6 J 1.70 SMppara UMt irvst tinned Asa Fund 1.96 206* 71* Commerce 1.77 1.86 NTUC InCMM SMMS 0% 43 Income Bond Policy 464 4.1 S pore Sec Fund 1.07 1.12 PhMMM S;pwe Inve* Fund 1.28 134
        431 words
      • Article
        DIVIDENDS ANNOUNCED
        282 18 Payment Ex Books Pay date close date AISB $0* b 5 Do. 31 Jan 14 Jan 21 Asia Pacific F I8N Feb 9 Feb 15 Feb 23 Bchava Ciroup F 8 Dcc 10 Dec 24 Jan 18 Ccncbos 25* b 4I.6TE Feb 8 Feb 14 Mar 2 Ccntrcpoint
        282 words
      • Article
        Aussie exchange steps up regional push
        527 19  -  ASX officials visit Asian markets to woo listings From Florence Chong in SYDNEY OVER the next 18 months, the Australian Stock Exchange (ASX) will intensify its drive to become a regional exchange. In the past year, exchange officials have visited Singapore, Kuala Lumpur, Hongkong
        527 words
      • COMPANY BRIEFS
        • Article
          Lock icon Legend HK to seek listing
          76 19 Bloomberg Business News HONGKONG Legend Hong Kong, a subsidiary of the Legend group, one of the four computer market leaders in China, plans to launch an initial public offering after the Chinese Lunar New Year in February, the Hong Kong Economic Journal reports. Total sales
          Bloomberg Business News  -  76 words
        • Article
          Lock icon Jusco to float Hongkong subsidiary
          86 19 AFP TOKYO Japanese supermarket chain Jusco Co Ltd has announced plans to float its Hongkong subsidiary in a public offering raising HKSIO4 million (Ss2l million). The company said its shareholding in Jusco Stores Hong Kong Co Ltd was expected to fall to 75 per cent
          AFP  -  86 words
        • Article
          Lock icon Aussie casino group to raise A$213m
          52 19 Reuter MELBOURNE Newly formed Australian casino operator Crown Casino Ltd says it plans to raise As2l3 million (***** million) through an issue of shares and debt to develop the Melbourne Casino. Crown Casino was awarded the licence for the As7so million Melbourne casino in
          Reuter  -  52 words
        • Article
          Lock icon Sunkyong gives up phone contract bid
          56 19 Reuter SEOUL South Korea's Sunkyong Group has given up its bid to win the franchise to run the nation's second mobile telephone system, the Federation of Korean Industries says. Instead, it will try to buy a controlling stake in the existing network, established by
          Reuter  -  56 words
      • Article
        Lock icon Tokyo stocks' rise attributed to foreign portfolio changes
        448 19 Knight-Ridder TOKYO The recent rise in the Japanese stock market, which has seen stronger buying by overseas investors, was sparked in part by an increase in the weighting of Japanese equities in foreign investment portfolios for calendar 1994, overseas fund managers say.
        Knight-Ridder  -  448 words
      • Article
        Lock icon UK fund managers focusing on US, Japanese equities: poll
        278 19 Knight-Ridder LONDON British fund managers are beginning to focus their attentions on US and Japanese equities rather than Continental European and "all other" equities, says a new poll. The Smith New Court/Gallup January poll of leading fund managers showed that the
        Knight-Ridder  -  278 words
      • Article
        Lock icon More profits seen at Japan's top brokerages
        240 19 Reuter TOKYO Japan's Big Four brokerages are likely to post better-than-expected earnings for the fiscal year ending March 31, securities industry sources said. They said a strong domestic bond market, brisk sales of investment trusts and healthier stock market turnover should help boost
        Reuter  -  240 words
      • Article
        Lock icon IBM merging its 2 commercial PC brands
        179 19 Reuter NEW YORK International Business Machines Corp said it was merging its two commercial personal computer brands, the PS/2 and the ValucPoint, into one US marketing unit called the Commercial Desktop brand. Analysts said the move may put an end to the competitive
        Reuter  -  179 words
    • FINANCE & COMMODITIES
      • Article
        Oil futures surge on frigid US weather
        191 20 Bloomberg ENERGY REPORT LONDON Oil futures on both sides of the Atlantic surged yesterday as increased demand for US refined products and reduced supplies lifted the whole energy complex, brokers here said. Heightened demand because of prolonged frigid temperatures on the Atlantic coast,
        191 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        137 20 THE US$/majors kept within confined ranges yesterday ahead of the holiday in New York. Over in the US$/S$ market, movements were also slow and confined. The US$ was sold off in early morning trade but support at 1.6067 proved very strong. The shorts subsequently covered
        137 words
      • Article
        Lock icon London
        185 20 Reuter LONDON The mark remained out of favour during a quiet European session yesterday with traders looking for another cut in German interest rates, perhaps as soon as Thursday's Bundesbank council meeting. There is still much talk of Bundesbank intervention and while the German central bank has been keen
        Reuter  -  185 words
      • Article, Illustration
        Untitled
        1635 20 rradc-Heiihtfl index < ak iiluh-d drains S'pore\ top 14 iradm* partner* Base year US$/S$ forward rates Noon Jan 17 SS Bid Offer 1-month 1.6076 ***** 2-month ***** 1.6102 3-month ***** 1.6113 6-month 1.6123 ***** Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10m m Jm 17: Singapore dollars to one
        1,635 words
      • Article
        Lock icon Morgan Stanley to manage Bangkok Bank bond issue
        204 20 Bloomberg Business News BANGKOK Morgan Stanley International Co, one of the world's largest merchant banks, has been named lead manager of Bangkok Bank's first Euroconvertible debenture (ECD) issue, said Eric Ma, an associate with Morgan Stanley. Shareholders of Bangkok Bank, the nation's
        Bloomberg Business News  -  204 words
      • Article
        Lock icon New York
        83 20 AFP NEW YORK The dollar was higher against the major currencies yesterday morning in light trading becausc many banks were closed for the holiday marking Martin Luther King's birthday. Around 9:30 am (1430 GMT), the dollar traded at 1.7540 German marks against 1.7495 on Friday and at 111
        AFP  -  83 words
      • Article
        Lock icon Bank Negara's recent moves may lead to higher rates
        548 20 Knight-Ridder SINGAPORE Bank Negara's recently announced measures to mop up excess foreign funds in Malaysia may be a precursor to higher domestic interest rates, according to economists, fund managers and traders in Asia. In addition, the massive flight of foreign capital
        Knight-Ridder  -  548 words
      • Article
        Lock icon Yen swap rates rising on reform plans
        328 20 Bloomberg Business News TOKYO Japanese yen interest rate swap rates are rising amid concern long-term interest rates will increase as the government turns to the bond market to fund stimulative spending programmes. Four-year and five-year yen swap rates were up by six basis
        Bloomberg Business News  -  328 words
      • Article
        Lock icon US$ may rise further as Fed raises rates, analysts say
        368 20 Knight-Ridder NEW YORK Additional gains in the US dollar versus European currencies and the yen can be expected in coming weeks as continuing strong economic data increase the likelihood the Federal Reserve will hike short-term interest rates before quarter-end. "The
        Knight-Ridder  -  368 words
      • Article
        Lock icon Sun Hung Kai Prop to sell HK$500m bonds
        176 20 Bloomberg Business News HONGKONG Hongkong property developer Sun Hung Kai Properties is preparing to sell HKSSOO million (SSIO2 million) worth of seven-year floating rate notes this week. A Hongkong dollar bond trader and institutional investor familiar with the pending sale said yesterday
        Bloomberg Business News  -  176 words
      • SMALL CHANGE
        • Article
          Lock icon Taiwan frees up insurer branches
          69 20 Reuter TAIPEI Taiwan's Finance Ministry has eased curbs on the creation of branches by insurance companies, abolishing a minimum profit-to-capitalisation ratio as well as a rule that only one branch can be set up in each county or city. Previously, firms could only set up
          Reuter  -  69 words
        • Article
          Lock icon BoC to open first Seoul bank branch
          52 20 Reuter SEOUL The Bank of China (BoC) will open a branch in Seoul this week to become the first Chinese financial institution allowed to do so in South Korea, a bank official said. The bank has operated a representative office in Seoul since
          Reuter  -  52 words
        • Article
          Lock icon HK offers second 3-year issue
          74 20 AFP HONGKONG Hongkong is to offer a second issue of threeyear exchange fund notes next week, the Hong Kong Monetary Authority announced yesterday. The three-year exchange fund notes, totalling HKSSOO million (SSIOI million) and available in multiples of HKSSO.OOO will be on offer from Jan
          AFP  -  74 words
        • Article
          Lock icon Commerzbank takes stake in Winterthur
          81 20 Reuter WINTERTHUR. Switzerland Winterthur Insurance Co said Germany's Commerzbank AG will take a stake in the company as part of an agreed insurance joint venture. Winterthur said Commerzbank would cede its stake of just over 50 per cent in insurance subsidiary DBV Holding AG to
          Reuter  -  81 words
        • Article
          Lock icon Investcorp net profit rises 7pc
          66 20 Reuter MANAMA Investcorp SA, an international investment bank, said net profit rose 7.3 per cent in 1993 to U5567.3 million (SS 107 million) from $62.7 million in 1992. The bank, which specialises in investing in the US and European markets, completed six acquisitions in 1993
          Reuter  -  66 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen sharply down with yen bonds
        1313 21 SIMEX REPORT Reuter SINGAPORE Simex Euroyen interest rate futures fell sharply lower to end off intraday highs after a see-saw session on long liquidations yesterday. The precipitous decline in yen bonds triggered stop-loss selling in Euroyen, after an early volatile start. The dollar's strength
        Reuter  -  1,313 words
      • Article
        KL tin ends at seven-month high
        613 21 COMMODITY REPORTS Tin MALAYSIAN tin rose sharply to end at a seven-month high on active shortcovering interest prompted by strong gains on the LME last Friday, traders said. The metal finished 62 sen up at MS 13.42 a kg. aided also by weaker ringgit
        613 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Indonesia committed to coffee plan
          99 21 JAKARTA Indonesia is committed to a coffee export retention scheme, according to traders involved in negotiations with the government on the plan. "For sure, Indonesia will participate fully and support this," one trader said. Indonesia is a member of the Association of Coffee-Producing Countries. which
          99 words
        • Article
          India's vegetable oil price seen stable
          74 21 NEW DELHI India's wholesale vegetable oil prices are likely to move narrowly in the next week, as domestic demand and supplies are expected to remain stable, traders and news reports said. They said oil prices will likely edge down this week in reaction to
          74 words
        • Article
          Japan's Dec beef imports
          78 21 TOKYO Japan's Livestock Industry Promotion Corp estimated that total beef imports reached 42,000 tonnes in December, based on the corporation's monthly survey of 36 trading firms. The 36 trading firms representing more than 70 per cent of Japanese beef imports imported 33,169 tonnes in December, up
          78 words
        • Article
          Aussie barley for domestic market
          90 21 SYDNEY Southern Australian feed barley growers hit by low international prices are sending grain to the drought-stricken state of Queensland. Barley traders said around 500,000 tonnes of barley could be imported into Queensland from other states this year, with domestic prices strong enough to ship
          90 words
    • Article
      COMMODITY PRICES
      1589 21 Rubber MS Commodity Exdungc (fataras dning as at lpai) IBS 1 Caatract (S ccnts/kg) ("lose Volume Open Month High Low Sett (tonnes) Interest Feb 94 129.00 129.00 129.00 50 1.750 Mar 131.25 131.25 131.25 50 6.300 Apr 0.00 0.00 133 00 0 5.450 May 0.00 0 00 134.25
      1,589 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1295 22 +31.8 SURGING News Corp shares led the Australian market to a new post-1987 crash high at the close. The All Ordinaries index ended 31.8 points, or 1.44 per cent, up at 2,238.2 points. "If it can stabilise and there is not much profit-taking then there is the momentum for
        1,295 words
      • Article
        Manila
        592 22 -0.39 pc Philippine stock prices dipped yesterday as foreign investors took profits while biding their time for more realistic price levels, a bourse analyst said. The Manila Stock Exchange index closed 0.39 per cent lower at 2.924.60 points, while the Makati Stock Exchange index shed 0.28 per cent to
        592 words
      • Article
        Taipei
        538 22 -12.19 Taiwan stocks ended mixed in volatile trade as financials rose on late buying but most industrials fell on profit-taking from the market's 5.6 per cent surge on Saturday, brokers said. The index swung between 5,958 and 6,110 before closing 12.19 down at 6,054.93 in heavy turnover of NTS
        538 words
      • Article
        Seoul
        392 22 -5.4 Investors went on a selling spree across the board following government measures to cool what it regarded as an overheated market, sending stocks to a lower close for the third consecutive session. Brokers expected the market to lose further momentum. The composite stock index shed 5.40 points to
        392 words
      • Article
        New Zealand
        342 22 15.97 The New Zealand share market continued to rally throughout the day to close at its highest point since October 1989. The NZSE-40 capital index ended at 2.241.96, up 15.97 points. Volume stood at NZS66.B million. Forestry stocks Fletcher Challenge, up eight cents to NZS3.4B, and Carter Holt
        342 words
      • Article
        Bombay
        53 22 +84.17 Prices on the Bombay Stock Exchange (BSE) ended up but off the day's high as profit-taking eroded some of the early gains, brokers said. The BSE index closed at a provisional 4,022.91, up 84.17 from the previous close, brokers said. The national index closed 21.93 points higher at
        53 words
    • WORLD STOCK MARKETS
      • Article
        London
        637 22 +7.2 UK equities finished firmer but off the best levels as investors remained convinced the recent bull run has not run out of steam, dealers and analysts said. A weaker Dow Jones took the shine off an otherwise bullish FTSE that was lifted b\ a continued shortage of stock
        637 words
      • Article
        Paris
        161 22 -27.47 French shares finished sharply lower after tentative gains made yesterday morning as heavy futures selling at the end of the day dragged the January contract through support and pulled the cash market down, dealers said. One dealer said the dollar's rise against European currencies lowered prospects of rate
        161 words
      • Article
        Stockholm
        135 22 +2.54pc Sweden's OMX stock index closed at a new record high, up 2.8 per cent at 1,199.32, after turnover in which the value of all stocks traded also set new records. The A list of 164 leading shares generated turnover worth 3.94 billion crowns. The bourse rose on unusually
        135 words
      • Article
        Frankfurt
        207 22 -4.44 The 30-share DAX index closed yesterday's floor session down 4.44 points at 2,137.38, off" an intraday high of 2,154.53. Dealers said a large sell order for Daimler-Benz from a domestic address weighed on the index in the last half hour, wiping out an earlier modest gain. Daimler shares
        207 words
      • Article
        Milan
        180 22 +2.45pc Share prices began the February account with a bang and brokers said the outlook for the rest of the trading month looked good. Italy's setting of a date for the elections March 27 and the decision to keep Prime Minister Carlo Azeglio at the helm in a caretaker
        180 words
      • Article
        Amsterdam
        243 22 +2.31 Dutch shares closcd firmer helped by a steady dollar, but were near the day's low after profit-taking and a retreat in US stocks trimmed early gains. Dealers said trading volume was thin as the AEX index approachcd its record high of 425.64 set last Monday and they expected
        243 words
      • Article
        Brussels
        154 22 +4.57 Belgian shares closed higher in directionless trade after strength on some European markets and speculation of interest rate cuts later this week reversed the market's early losses. Traders, however, expected the market to extend its consolidation pattern in the short term. The Bel-20 index of leading shares closed
        154 words
      • Article
        Zurich
        248 22 12.91 Swiss shares ended firmer, but off earlier highs after a weak Frankfurt bourse and news of a large earthquake in Los Angeles dampened sentiment, dealers said. Insurers were especially hit by news of the earthquake, with Swiss Re registered shares falling 14 francs to 690. The SMI index
        248 words
      • Article
        Toronto
        241 22 +16.74 Still-buoyant Toronto stocks climbed to a new intraday high in gold-domi-nated early dealings yesterday, dealers said. The TSE 300 composite index rose to an intraday record of 4,507.57 before pulling back slightly to trade up 16.74 points at 4,505.88. Turnover was 8.66 million shares valued at C 597.9
        241 words
      • Article
        New York
        757 22 -5.07 The Dow Jones industrial average, which climbed 24.77 points to a new all-time high 3.867.20 on Friday, was down 5.07 points to 3.862.13 at 11 am EST yesterday. The New York Stock Exchange composite index was on 0.87 to 262.03, while Standard Poor's 500-stock index was down
        757 words
      • Article
        Untitled
        763 22 Britannia Funds Sterling Cask Bid Offer Mim Cap Deposit 3* MOO 3* 6500 Mim ltne\ (nil 0 1*93 0 l«: Mim Ma\ Income *1 0*00 ****** L S$ Cash Income Pirn Fund 10 7400 11 3100 PSSReweFund 5 2400 5 2*M Sterling Kquil* Euro Performance 0 4592 0 493* Far
        763 words
      • Article
        Johannesburg
        330 22 -6 South African shares ended mixed in haphazard trade yesterday as the market scratched for direction amid fears of fresh selling by foreign investors. Dealers said the market would likely track South African share movements in US trade overnight when it opens today. Early Nasdaq trade saw South African
        330 words
    • Article, Illustration
      Lock icon HONGKONG
      2929 23 Reuter HONGKONG Stocks ended slightly firmer after a day of quiet and directionless trade with many foreign fund managers keeping to the sidelines, brokers said. The blue chip Hang Seng Index closed 18.67 points or 0.17 per cent higher at 10,792.92. Turnover dropped sharply to an initial HK56.26 billion
      Reuter; Source: Bridge Info  -  2,929 words
    • Article, Illustration
      CHINA
      557 23 THE Shanghai B share market performed well yesterday with the CLSA Index up 24.75 points to end at 1,064.77. Domestic investors were active whilst overseas institutions were mostly on the sideline. Erfangji and Friendship were the biggest gainers adding 8.6 per cent and 6.5 per cent respectively. Many counters
      557 words
    • Article, Illustration
      Lock icon TOKYO
      2526 23 Bloomberg Business News TOKYO Japanese stocks closed lower yesterday, as domestic investors locked in gains from last week's rally to boost net profits for the fiscal year ending March 31, traders said. The Nikkei 225 average closed down 248.33 points, or 1.31 per cent, at 18,725.37. The broader Topix
      Bloomberg Business News; Source: Bridge Info  -  2,526 words
    • Article, Illustration
      Lock icon BANGKOK
      1863 23 Reuter BANGKOK Thai stocks ended the day 2.81 per cent down in trading that started out unusually slow but picked up as the index fell through the 1,500-point level in the last hour of afternoon trade, brokers said. The index lost 42.56 points to 1.474.11 after gaining nearly 20
      Reuter; Source: Bridge Info  -  1,863 words
    • Article, Illustration
      Lock icon JAKARTA
      1138 23 Reuter JAKARTA Share prices closed higher in moderate trading with newcomer Mulia Industrindo ending 25 per cent up on its initial public offering price, brokers said. The Composite Index ended at 587.16, a gain of 9.47 points. "The market was very solid today. Confidence seems to have returned after
      Reuter; Source: Bridge Info  -  1,138 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2600 24 Source: Bridge Info Source: Bridge Info MOST ACTIVE votore Tan Chong 50c 12.330.000 Promet 8.732.000 Faber Group 7.353.000 Idns Hyd 50c 7.243.000 FACB 50c 7.104.000 Kamunnng 50c 6.519.000 AMDB 50c 6.405.000 Kcnong Bhd 50c 6.351.000 Lien Hoe TSR97 4.027.000 KL Industrie* 3.187.000 Ind Oxygen Wt95 2.956.000 Pegi Msia
      Source: Bridge Info  -  2,600 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Prices end lower as cautious trading reigns
        5880 24 Bernama KUALA LUMPUR Share prices here closed broadly lower yesterday on cautious trading with profit-taking dominating^trading after a sharp surge last Friday. The Emas Index of all main board shares closed 13.66 points lower at 327.69 and the Composite Index dropped 30 points
        Bernama; Source: Bridge Info  -  5,880 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        6884 25 I MWH BOARD Transaction date: Jan 17 Cr Cr 1993/94 Lost Vol Day Lnl Qootc Di» Di» YM ,N*t M Cm High Low Coapoay Sole (W) Hi«h Low Bayrr Seller O P/E (mil INDUSTRIAL AND COIWiirWfUH 1440 260 I Acma 1340 -30 342 1370 1330 1340 1350 12.5 2.1 0.9
        6,884 words
      • Article, Illustration
        Lock icon Prices slide on thin trade with investors sidelined
        1720 26  -  By R Sivanithy SINGAPORE As predicted by many observers, share prices fell yesterday, but on thin volume which has left most analysts confident of the long-term health of the market. After rising 10 points during the first 15 minutes of trading, the
        Source: Bridge Info  -  1,720 words
      • Article, Illustration
        Malayan Banking Bhd
        120 26  -  HOT STOCK By Quak Hiang Whai MALAYAN Banking Bhd is going through a consolidation after its high of 11.80. On the daily chart, the five and 20-day moving averages are about to cut each other, signalling further easing ahead. Look out for a potential head-and-shoulder pattern which
        120 words
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      938 17 Telecom unit forms firm in Philippines, Pg 18 BUSINESS TIMES TOLL-FREE TEL. No. 1-000-741-1883 FAX 741-1296 I I IN THE MATTES OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTES OF MXIUWWIiWGriKLIP mmmmtmttMm MkiMßadak «wn* Road MO-1421 Tiijipnn 1447 aa PMdajr 14 liiiimj 1994, fta follox li| lyffnl MohlioM
      938 words
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      44 19 Whilst trying unsuccessfully H BjpiF to pick a H Ikl lock man was Ha ■■■B ■IP H He is now B t SAFELY BEHIND prison r g K|| guess who I m makes the I At.. Sfc; iHßfaL^ BB |Bb keep him locked 8421
      44 words
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      164 20 First Bangkok City Bank Public Company Limited U*****,000,000 Transferable Loan Certificate Facility ArrangerVLead-Managers Arab Banking Corporation (8.5.C.), Singapore Branch The Commercial Bank of Korea, Ltd. Commonwealth Bank of Australia, Singapore Branch The Export-Import Bank of the Republic of China KEXIM Asia Limited L.F.C. Far East Ltd/London Forfaiting Asia Limited Standard
      164 words
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      29 21 Find a new owner for your apartment Make a move to sell your apartment to a variety of home owners quickly with a convenient, fast-acting classified ad. I 737-1166
      29 words
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      Page 21 Advertisements Column 2
      36 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead isssaas Mr offers k the most V s current ■Fltoto/job |F opportunities It available, J 17
      36 words
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      Page 22 Advertisements Column 1
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      82 words
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      34 23 -ftiTivffi. awfefcaaafrvHfeast# at over 11.3 aftoa estaMti*eets, InhKd pats Hn uMiwhMli jQm MHNIS. MM It pfWr t ;fVv V, .v* p- access to cosh at 300,000 book YOV'Vt OOT TNI vmou WOULD ■TDWMMH. worldwide.
      34 words
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      Page 25 Advertisements Column 1
      71 25 HBH wvini Ofw Itj HNH mm BIjJIPIOPi 6l| v U|P*nf at Mv 11J nttoa HtiikfakHMrtLS fpy m f MastaCaripsfefWwfob wofMh yow imiiuji mot if ywi y «n«t» «h 300,000 bnwfcts art ATMs IdHPh&sl YOU'VI OOT THI VMOLI WOULD s*Fj^ IN YOUK HANDS WOnOWWh. BLn «»mu, ll r» Did you know
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      1043 26 TOLL-FREE TEL. No. 1-80Q-741-1883 •I AX 741-12&8 M THE MATTER OF THE COMPANIES ACT, CAP. SO AND M THE MATTER OF OVERSEAS OPERATIONS (PRIVATE) LMTED (Members' Voluntary Winding Up) NOTICE IS HEREBY GIVEN in pursuant to Section 308(1) of the Companies Act Cap. 50, that the Final Meeting of Members
      1,043 words
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      Page 26 Advertisements Column 2
      362 26 BROKERS'STCOCPIC^ NOTICE IS HEREBY GIVEN thai, I, Ong Cheng Hiau of 728 dementi West St 2 #12-384, Singapore 0512, have applied for a Beer House lit Class Licence in respect of premises at M/S ZAI SOON COFFEE SHOP at 107 Jurong East St 13 #01-262, Singapore 2260, and that this
      362 words
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  • Shipping Times
    • Article
      Lock icon Asia-Pacific nations to cooperate on maritime safety
      400 27 Bernama KUALA LUMPUR Maritime officials from Asia-Pacific countries will meet in Beijing in April to establish the region's "Port-State Regime" to promote cooperation on shipping checks in an effort to ensure safety at sea. Transport Minister Datuk Seri Dr Ling Liong Sik said
      Bernama  -  400 words
    • Article
      Lock icon India to buy record number of ships
      498 27 Reuter BOMBAY India's shipping industry says it will add nearly 1.5 million deadweight tonnes (dwt) to its fleet in 1994, right on the heels of a record acquisition of 30 ships totalling 1.01 million dwt last year. The Indian National Shipowners' Association (Insa)
      Reuter  -  498 words
    • Article
      Lock icon China opens new port in the south
      163 27 AFP HONGKONG China has opened a new port in the south aimed at enhancing economic developments in the landlocked south-west region of the country. Wen Wei Po daily reported yesterday. The new 20-million-yuan (Ss4-million) port of Qinzhou in Guangxi region, at the border
      AFP  -  163 words
    • Article, Illustration
      Lock icon Pilgrims drown in ferry collision
      54 27 AFP CALCUTTA, India Rescue workers unloading the body of a victim from a dinghy on Sunday, at the site where a ferry carrying about 175 pilgrims capsized on Saturday following a collision with another ferry. Twenty-six bodies have been recovered so far, with bad weather
      AFP  -  54 words
    • Article, Illustration
      SMOU plans recruitment drive in March
      266 27 SINGAPORE The Singapore Maritime Officers' Union (SMOU) achieved the highest membership level in its 42-year history last year, but plans to do better still with a recruitment drive in March. Membership grew by 1,400 in 1993 to 4,506, says SMOU general secretary Thomas Tay
      266 words
    • Article, Illustration
      Lock icon KL prepares detention order for tanker
      195 27 Bernama KUALA LUMPUR, The Department of Environment (DOE) has prepared the detention order to be served on the Liberian-registered oil tanker Arabia Sea Monrovia suspected of dumping sludge and toxic waste. A DOE spokesperson said here yesterday the ship was lo- cated between Johor
      Bernama  -  195 words
    • Article
      Lock icon Freight rates for VLCCs likely to remain soft
      436 27 MBT KUALA LUMPUR Freight rates for the Very Large Crude Carriers (VLCCs) and Ultra Large Crude Carriers (ULCCs) is likely to remain "soft" between 1994 and the year 2000 because of the reluctance of owners to scrap old tonnage amid prevailing market
      MBT  -  436 words
    • Article
      Lock icon Four oil firms adopt new safety steps for Valdez shipments
      425 27 Reuter ANCHORAGE, Alaska Two weeks after an iceberg punctured an oil tanker heading into Valdez. four oil companies announced extra safety measures for tankers bound for the trans-Alaska pipeline port. Atlantic Richfield unit Arco Marine. British Petroleum unit BP Shipping.
      Reuter  -  425 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      834 27 Page Col ABC Containerize 12 I Accord Group 8 1-3 Ahrenkicl Liner 4 1/2 •APL 5 3-5 Appenship 18 1/2 •ANL 3 1/2 •ASCL 5 S Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 •BanV Line. The 9 5 Barbican Line 4
      834 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        526 28 VmmI *ty H» BfM» fcrWd P«p«rtur« Vmd Vty Wo B«rth fatal P<p»rturt IHTOM Port Aungtunaong 05/94 P01* 18.01/1000 1801/2000 Mta OMR 35* atones* 18.01/0700 Batam Sow03 ****** P01A 1701/1900 1701/2100 •Mm Murm 01/05/94 J4 atongsrfa 18.01/2300 Batan Spwd3 ****** P01A 1101/1900 18.01/2100 SatM Sayang 01/05/93 J1 atonprf.
        526 words
      • Article
        CONTAINER SCHEDULES
        1453 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT Fa CONTAINERS AND LCi CARGO beard BooUif/Batonct Rslto SMp Voy No Etb/Btr Pirfod From To From ta Saw 101* 19/1500 1 17/1500 17/1659 17/1900 2 17/1700 18/0669 IS/0900 4 11/1200 18/1459 18/1700 ta v<m 030* 19/1200 1
        1,453 words
    • Article
      THE SHIPPING GUIDE
      10271 36 This is a list of ships loading at Singapore for ports around the work). 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. LHW PN: ship calls at Penang after
      10,271 words
    • Article
      SHIPPING AGENTS
      3339 41 AbC Contaiaerline NV: Belsin Shpg Agencies Pte Ltd (SVManne Handling (PK/PN). Accent Group: Accord Shpg Pic Ltd (SV4ccord Contr Line (PK/PN). AdkHs Business Corporation Philippine: Calspurce Shpg Trdg Ptc Ltd (S) Ahnnkiel Liner Service Kim Shpg A Trd| (S). Vlbatros Sea-Air Service: Frata Shpg Pte Lt<MS). AJfigtd C
      3,339 words
    • Article
      COURIER SERVICES
      271 41 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. Citx-Link International Tel: 344-3377. Fax: 345-6450. Ouster Link Supplies A Services
      271 words
    • Article
      AIR FORWARDERS
      1530 41 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. A ai. f Annair Singapore Tel: 542-7812: Fax: *****20. AeroHnk Freight International Tel: 545-8031 Fax: *****05. Tcl'm2-591 I. Fax: *****18. Air Cargo Novo Express Tel. 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74.
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    • Article
      PORT CONDITIONS
      2374 42 ALBANIA Duress: Four vessels in port discharging of which 1 tobacco, 2 bulk wheat, 1 bagged cement, 1 bulk wheat vessel in roads awaiting berth. ARGENTINA Santa Fe: No vessels berthed, no vessels due; max draft 21 ft 11 ins. Diamante; No vessels berthed, none in roads, no
      2,374 words
    • Article
      AIR FREIGHT SCHEDULE
      554 42 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To today today NCA KZ203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 1 SEL NCA KZ204 B747F 0335 I BKK/NRT JAL JL617 B747F 0345 I TYO KAL
      554 words
    • Article
      SHIP SALES & TANKER RATES
      1103 42 SHIP SALES TANKER RATES WITH the Japanese yards remaining keen, the weakening of the Yen over the past week or so could prove to be significant and should encourage the hungrier yards to accept lower US dollar newbuilding contracts. The tanker sector has provided the initial momentum to the year
      1,103 words
    • Article
      CRUISE & FERRY SCHEDULES
      521 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Air Dep Nun* of Vessel ETA ETD Ports of Calh Port Agent Tdephoae No. JANUARY 21 21 Renaissance I 1000 1900 Cruise to Nowhere Lines Intl Holdings 224-2763 21 21 Leisure World 1000 20IS Jakarta Sin Lauw Sons Travel 227-8284 Port KJang t 21 21
      521 words
    • Article
      DAILY FREIGHTS
      990 43 TRADING slowed on Friday but grain houses continued to take advantage of easy capesize rates to take further tonnage for grain cargoes. brokers said. The Baltic Freight Index for spot dry cargo shipping rates rose to 1.240 on Friday from 1,238 the day before. Cereol was rumoured to
      990 words
    • Article
      DIARY
      167 43 Title: Portnet for Shipping Agents Duration: Jan 17 Jun 30 Organiser Port of Singapore Authority Tel: For further details/registration contact SPI at 321 1707/321-1824/321-1825 or fax: 321-1416. Title: International Freight Forwarding (SDF 70%) Duration: Jan 20 Apr 7 Organiser Singapore Freight Forwarders Association Tel: For more information contact SFFA
      167 words
    • Article
      COCKETT BUNKER MARKET REPORT
      851 43 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      851 words
    • Article, Illustration
      How a shipyard was sunk
      1325 44 When American Ship won a deal to repair two Navy vessels, a tale of political influence, a dying industry and murky defence goals began A SALVAGE crew from Atlantic Marine Drydock examined the two half-built Navy ships that were rusting monuments to slipshod work and
      1,325 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Patten presses for talks to resume
        418 46 Hongkong airport controversy AFP HONGKONG Governor Chris Patten yesterday said China was flip-flopping on the issue of Hongkong's new airport, and pressed once again for talks to resume on financing the mammoth project. Speaking to reporters, Mr Patten said he was "a little puzzled"
        AFP  -  418 words
      • Article
        Lock icon US budget to favour highway programmes
        599 46 Clinton will also recommend more funds for airport and rail programmes than asked for AP Washington President Bill Clinton has decided to fund federal highway grant programmes fully in his fiscal 1995 budget and to recommend higher levels for airport and rail programmes than
        AP  -  599 words
      • Article
        Lock icon HK govt to push ahead with project
        377 46 Reuter HONGKONG The Hongkong government has decided to push ahead with the colony's new airport, rejecting an option of halting all new work due to a financing row with China, Financial Secretary Sir Hamish Macleod said yesterday. Sir Hamish also said he hoped
        Reuter  -  377 words
      • Article
        Lock icon Building part of railway won't work: minister
        228 46 Reuter HONGKONG Financial Secretary Sir Hamish Macieod poured cold water on proposals that part of a controversial railway to Hongkong's new airport should be built immediately to ease severe overcrowding in Kowloon. Sir Hamish said yesterday that projections made by the Mass Transit
        Reuter  -  228 words
      • Article
        Lock icon China's new civil aviation chief starts major revamp
        242 46 AFP HONGKONG China's new civil aviation chief has launched a major revamp to improve safety standards and services in the aviation industry rocked by frequent hijacking and air crashes. Chen Guangyi, the director of Civil Aviation Administration of China (CAAC), was quoted
        AFP  -  242 words
      • Article, Illustration
        Lock icon 48-vehicle pile-up
        57 46 Reuter FRESNO, California Firemen walk in front of the she where a 48-vehicle crash took place on Saturday, leaving at least two people dead and six injured. The accident happened on Highway 99 near the central city of Fresno. The six people injured were part of a Korean
        Reuter  -  57 words
      • LOG BOOK
        • Article
          Smoothing the way for small craft
          155 46 SINGAPORE Getting around Singapore's port waters is now easier than ever. The Port of Singapore Authority (PSA) has produced a series of handy-size navigational charts in a book called Charts for Small Craft. The publication, aimed at pleasure and harbour craft operators, comprises 22
          155 words
        • Article, Illustration
          Lock icon Oil on troubled waters
          66 46 AFP PORT-AU-PRINCE, Haiti A tanker carrying about 1.1 million litres of fuel waits to be unloaded here last Friday. The United Nations-authorised shipment is strictly for humanitarian purposes, said sources at the US Embassy in Haiti. It is the first load to arrive at Haiti since
          AFP  -  66 words
        • Article
          Lock icon US airlines want more Heathrow access
          104 46 Reuter WASHINGTON US Transportation Secretary Federico Pena says US airlines want greater access to Heathrow airport in a renegotiated joint US-British air agreement. "We must have greater access to Heathrow," he said in the Washington Post yesterday. "A liberal regime won't mean much without
          Reuter  -  104 words
        • Article
          Lock icon Freight congress in April
          97 46 MBT KUALA LUMPUR The Federation of Malaysian Freight Forwarders (FMFF) is organising a four-day congress on International Trade and Freight Forwarding in Petaling Java starting on April 28. Key issues to be discussed are the development of the air and sea freight forwarding industry and the
          MBT  -  97 words
        • Article
          Lock icon Romanian firms to set up Gulf service
          62 46 Reuter ABU DHABI Romanian shipping companies are setting up the country's first container service to the Gulf to take advantage of growing trade with the region. Paul Sarcane, Romania's commercial counsellor in the United Arab Emirates, said on Sunday that four shipping companies
          Reuter  -  62 words
        • Article
          Lock icon Toyota to sell Fords in Japan: report
          55 46 Bloomberg Business News TOKYO Toyota Motor Corp, Japan's largest carmaker, has decided to sell cars produced by Ford Motor Co in Japan through Toyota's nationwide dealers, the Nikkei newspaper said. The paper said at the weekend that Nissan Motor Co will also sell
          Bloomberg Business News  -  55 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1635 46 aty n» mi n»_ a& nm m nm n». MaMMi GA893 1655 GA974 2325 ME633 2355 I GA984 2340 SQ406 0120 MalaMt QF81 1930 QF82 2050 SQ2S 0645 0F5 2220 SQ 228 2105 Fraakfart LH772 1615 SQ326 2230 nwillii— KL844 0535 QF6 1840 LH773 2359 KL837
        1,635 words
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      389 28 TBKLINE AGENCIES (8) PTE. LTD. WK l aS«Ka USE ftaatwM/s Tlx; RS *****/TSKSIN. qgTOp TOKYO SENPAKU KAISHA, LTD. CP No: **********0N I c mmm u ii°i ?MI ACX LIT MSB -17.01 **11.11 1181 21.11 2101 2101 11.02 0102 Ottt 03.02 i ACX mn MM IMI *21.01 21.01 2101 2101 31.01
      389 words
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      1220 28 mP^SSS^F^9^P^^F^^^^P CAtifORMA MERCURY SI 112* 1 SI 7 2 *2 102 12 12 <2 12 I 122 I I I _HLJ XIfoSSMWI ;o 2»2M 112 14 2 I*2 1M IS2 152 112 112 111 WO T«« 01/062* IM 211 22 12 S2 12 112 112 112 142 152] fAiiUMMt HCUH
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      2127 29 M. WWWJ PWUWWIJ *w *****n^K°2*2139 f 42 ,NE SH PP,NG AGENC,ES PETATm^G^JVTE 03-7W 776 1 FAX 8 *03-*****42 DOCUMENTATION TEL 32M255 (,NWARD>/*****90 (OUTWARD) *****6 H BOOKINGS TEL: *****80 *****81/ *****82 M27M/4 FAX *****6 CFS (PSA FS) TEL: *****21/ *****79 07 Al?70 FAX 07 *****9 CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR BAHRU
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      1912 29 ■Bli'ifJHiHiHlfl* CALLING VOSTOCHNY/VLADIVOSTOK/NAKHODKA LOUIS MAERSK V.9403 ETA SIN 20TH JAN 94 VMM Voy ETA ETD by DESTINATIONS tn* amt maoleby maersk v9«02 25/01 0800 MRS Cfs 24/01 2359 HRS JOM LPK PEN OAK LQ6 SFO MEM ATL MIA CMS BAL PHI NVC I TOW MAQLEBV MAERSK 9402 125/01 26 01
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      1583 30 AQABA R'DAM/I LE ALSO ACCEPTBOG FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H'BUBQ HAVRE MALAYSIA FRANKFURT EXPRESS 71/102 23/2 9/2 12/2 10/2 Porl Kalang. Penang LEVERKUSEN EXPRESS 16/302 22/1 31/1 6/2 9/2 12/2 14/2 16/2 P««ir Gudang KATSURAGI 19/103 26/1 12/2 15/2 13/2 EAST MALAYSIA KITANO 23/303
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      Page 30 Advertisements Column 2
      518 30 PCL Breakbufc Service to: AFGHANISTAN MAM Afghanistan Ltd, Sole Foreign Forwarder in Kabul for all services CJ.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ala North Korea Vietnam e Mongolia a Hungary CSFBo Poland FEEDER VESSEL ETA SIN NED ASIA V.2493 19/1 NED OCEANIA V.2503 28/1 NED
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      Page 30 Advertisements Column 3
      1093 30 I NORASIA I I NORASIA SUN 9402-3 20/01 09/02 12/02 13/02 13/02 14/02 15/02 IC/02 17/02 11/02 E NORASIA PEARL 9403-3 27/01 16/02 19/02 20/02 20/02 21/02 22/02 23/02 24/02 2S/02 L ARABIAN SEA 404N 02/02 23/02 26/02 27/02 27/02 2S/02 01/03 01/03 03/03 04/03 C SEA CAVALER 17/02 03/03
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      1702 31 P* STRAITS SHIPPING PTE LTD MHgf 10 Hm Chiang Road #11-01 Koppol lowers Singapore 0208 Tol: *****80 Fax: *****17 Stib& new guinea pacific line EialiifiaUSSlAiSiAllßlAiNllMlU&fldlMAUHl jgPEB (A SERVICE OF CHINA NAVIGATION CO) CARGO DUE SM.S aJMr STRUTS VENTURE VO2E Muara Lab 18-19 lan 19 tan 21 I*l FCL. LCL CONTAMCR
      1,702 words
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      2813 31 SINGAPORE AGENT: ilfiifll P4O Containers (Singapore Agencies) Pte Ltd JL %jL% W jtllli rt 1 d 10 Hoe Chiang Road #07-01 Keppet Towers. Singapore 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 V CR Number; **********0Z EXPORT IMPORT VltKl VOV -PMQ -PKO SM ALO KM AMT
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      594 32 i|K EKA JAYA AGENCIES I Vir TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHANGE HY TWAD€ UM iMAMBWOWK/BMECT I I im—Lfln hmyhm iiw—mna/t*im kilvw CHAW tmta—rewmcHwra ►TO MYANMAR/YANGON COffTAINEN SIR VICE jjjjggjb 7 M OCEANLINES I TuwT mmmmmmmm STCtt I 11 30/1 6/2 14/2 I YANGON GEN. AGENT:
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      693 32 HANJIN SHIPPING l FIXED FORTNIGHTLY 11 B DIRECT CALL TO II RISBANE FROM JAN '94 111 DESTINATION TRANSIT TIME II BRISBANE 10 DAYS I SYDNEY 12 DAYS I MELBOURNE 15 DAYS I PS: PORT OF LOADING FROM SINGAPORE I I PLEASE CONTACT THE FOLLOWING PERSONS FOR I I ENQUIRIES BOOKINGS:
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      1343 32 m IK IK B( K Mil OK NGY MS TYO UU 08 Ml NIC UN M M K HI Oi II SST I I SHtK tU 19/1 2VI 2VI 21/1 a/1 31/1 1/2 V 2 4/2 1/2 V 2 17/2 2/1 VI VI IV) 14/3 17/1 U/3 IV) 2V) V
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      1764 33 H II sex: 'CALIFORNIA MERCURY 58E' eta sgp 19/01/94 II H JOEl* II ARRIVING LOS ANGELES 05/02/94 IN 16 DAYS HI 'NEPTUNE AVENTURINE 01E' ETA SGP 19/01/94 II H X 11 ARRIVING NEW YORK 12/02/94 IN 23 DAYS m EXPORT TO: PSW/PHW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US OULF
      1,764 words
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      Page 33 Advertisements Column 2
      357 33 ©HEUNG-A SNIPPING I Korean Flag Veaaela RUY CONTMOSD SEMCE |«gl/WT>g IWBIWtIMII «1 I W6 I m m OHM 4UH lt/tl 21/11 V/t\ M/tl 11/(1 U K M/tt ci mmm n/n »/«i nm a/n m/k m/n wu SUM 141 IN 24/*1 21/11 K;t2 M/« 2 m/*2 14/12 ivt2 luraa/wrag I ws
      357 words
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      Page 33 Advertisements Column 3
      167 33 ICENTENARY SHIPPING SERVICE TMKK WHNLY FULL CONTAINERDNKCT SUVKI SMfiINRE/M CM MUNI CITY 1 iT I twl» 1 Ho CMMkik aS VMI UUT VCSSO/SNAMC jwjjj ijjji SAMOM F MO—til 4207 TUt ItoPt SAT 22/01 2S/01 SAMOM COMCOMOt 4200 F*l 21/01 HON 24/01 20/01 ULINM OMOM 27W/S MM 22/01 WO 20/01 20/01
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      Page 33 Advertisements Column 4
      1098 33 A MULTILINE SHIPPING PTE LTD ■M (a member of SNSOV Group) CR NO: **********0 C ENQUMES: *****33 BOOKXGS: *****84, *****51, *****31. *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 ,4k BLASCO: MWARD *****65 OUTWARD *****28 T/S *****48 FESCO: BOOKINGS *****08 DOC *****07 MARINE MSURANCE: *****87 MVENTORY: *****59 AGENTS: KL: 03-*****75/897
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      1517 34 44 v AS AGENTS: 'T' LK (SMGAFME) Fli LTD (Ci No: *****730 MM) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 W V MM* MALAYSIA *1" LK MAMTMI (MALAYSIA) SDN BHO KW TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SAAANA LAHT WTBMUSA. TEL: JKT
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      Page 34 Advertisements Column 2
      970 34 PHILI-ORKNT LINGS PT( LTD 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 9 AUSTRAUA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 20 JAN SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 26 JAN AUCKLAND, WELLINGTON. LYTTLETON. NEW PLYMOUTH. NAPIER. CHRISTCHURCH 28
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      952 35 PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I I fIV fIF CR NO **********0E I VESSEL VOV SIN CMS JIB JED AOJ ADC MOO PZU ASA KOTA SABA* SBSO3W 22/1 27/1 S/2 9/2 18/2 5/2 20/2 23/2 KOTA MO AH IDHOO3 31/1 3/2
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      1096 35 ttSStLS WT """gT"™ HAMMR6 ROTTERDAM ANTWERP THAMES q HARtt WUI PI ttSTA 7431W 20/01 12/02 14/0? 15/02 10/02 17/02 WLLI DC TITAWA Q33IW 27/01 10/02 21/02 22/02 23/02 24/02 AOAM MMMW 7132W 04/02 27/02 01/03 02/03 03/03 04/04 TOKYO Exmss 0532W 04/03 00/03 07/03 00/03 10/03 •AISO ACCEPTM6 CAKO TO
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      Page 35 Advertisements Column 3
      395 35 I BSfl jiT B fT33nfEWlf3BfBß^^B^ n MYANMA pfeWk FIVE STAR LINE (Myanmar National Line) Loadinf for Yan(on (Rangoon) S'pore P.KIf Pan P.Gdf HPA-AA VI99N 24/20 )an 21/23 Jan AM VI27W In Port PA6AN V2OSN 24/27 lan NALATSIA M»TJ BOUSTIAD SHTfM MENCES HI: TEL 03-*****00 PHI IU 013C057C7 PEN IU 0441(135
      395 words
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      28 37 p4>ASIAM] "Atyour service, anywhere and anytime MEXICO SERVICES FCL LCL Services to:Salina Crux Guadalajara Manzanillo Tijuana Lazaro Cardenas Mexicali Mexico Gty Ensenada Acapulco ASIAPAC FREIGHT EXPRESS PTE LTD
      28 words
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      2687 38 /-irvrnrv C V )S( V I Miiiraiticrnt V/ LI unciMirt cnmi i£rim MALAYSIA'S A/UMTS j wKHKimt. IWCWIJ COSTAtt SMIPPtMC PTE LTD Qm Qm9 SiHMIH Mi Bum rONTATNFR "^E&il/SSU.. vVJIN 1 All>£/I\ aunTintrmmi uctmccsu Guu *m stmm s+h* T MAIM UML 229 1900 **Urn NftKJm-*****55 T TNFN »W««CI2»IM3 *-*-*****7 IjII 1
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      655 39 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 24/1 ROTTERDAM 24/1 MRHUS/COPENHAGEN 24/1 HAMBURG/BREMEN 24/1 MARSEILLE/FRANCE 2471 FELIXSTOWE/UK 19/1 BARCELONA/SPAM 20/1 LEHAVRE/FRANCE 19/1 GENOA/ITALY 24/1 ANTWERP/BELGIUM 24/1 LOS ANGELES/WC/PI 23/1 SYDNEY/MELBOURNE 19/1 NEW YORK/EC 23/1 FREMANTLE/ADELABE 22/1 VANCOUVER 19/1 BRISBANE
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      Page 39 Advertisements Column 2
      882 39 IBSSHIffiSIIIIK I 1 PBBH®2iZn33BBMM® :< VEtSEL ygv MM JKT |VESSEL VOY jjj PW WAHA BHUM Tin I" W >«l 22/1 BUNGA SEROJA 4013 Tim 20/1 Sol 22/1 f OKK 1 CHAIYA BHUM 35S Fri 21/1 Tya 2s/1 1 y^ A M ~S7T "iST Fri I 21/1 BHATWA BHUM 138 Sat
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      Page 39 Advertisements Column 3
      732 39 Guaranteed Sailings to-. i BANGKOK LAEM CHABANG JAKARTA PORT KELANG •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINATIONS I m RICHFIELD MARINE AGENCIES (S) PTE LTD IV TEL: *****33 (12 Uneo) EL FAX: *****15/*****03 n] TELEX: R8 ***** RISHIP
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      1749 40 I SEAWARD SNIPPING AND TRADING CO (S) PTE LTD ii» to n* TOM mi UUNB ftMNC RIK MX 07 7/94 loading toi Male RUVN HUOHU 04 1/94 Oisthaigmj and loadrnj lof Bombay DOIfMN n 1 94 Loadmg for Hair rami am* a i m LoadMg F« Mak UMHDM 27/1/* fo<
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      Page 40 Advertisements Column 2
      982 40 A THONG SOON LINES PTE LTD f I 78 SHEMTOH WAY #1(W)1, SINGAPORE 0207 I* I TEL: 227-5088 FAX: 227-6011 ft* I TLX: RS ***** CARMER. RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO SARAWAK 1 VESSEL |W IS'PORE IiCST KSSa |WT I STORE [PEST EQUATOR JADE 101/4E 22 JAN KUCHING
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      19 43 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. f m Business Times wwotowAm
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      62 43 "fte Eyecutafe Housekeeper this hcteTV 1 I wants is me. Bub HI never ngtec-t I y -this house, baty/ J _j*OT I V( \\V-= Any Job. any Career. Available Any Day. Any Time, anywhere. The Straits Times The Sunday Times Business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      717 43 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0(00 0700 0100 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1100 1901 2000 2100 2200 2300 2.5 2.3 1.9 1.5 1.3 1J 1.4 1.7 2.2 2J 3.1 11 2.9 2.4 1J 1.3 OJ 0.5 0.4 0.4
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      464 44 A VIGOUR PACIFIC LINES NORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE I SINGAPORE MANILA I VIGOUR SINGAPORE 9404N 21/01/94 29/01/94 VIGOUR SINGAPORE 9404 AN 24/01/94 29/01/94 1 VIGOUR PACffIC 9405N 28/01/94 05/02/94 FM)AY AND MONWY VKioUß pom c<U*lik 4 atJvtce VESSEL VOYAGE SINGAPORE PORT KLANG PENANG SINGAPORE VIGOUR SINGAPORE 9404N
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      Page 44 Advertisements Column 2
      509 44 ©APPENSHIP /2\ HAMBURG TO CONVENTIONAL A INDEPENDENT LINER SERVICE —S EUROPE TO SOUTH EAST ASIA ANO FAR EAST VESSELS LOADING PORTS DISCHARGE LOUNNG FOR FORUM WIND PORT SAIO 1.1.94 SPORE 18/01 BKK 24/01 RIMS A MERANTI SPORE 20/01 LORCLEY PORT SAID 29.12.93 SPORE 22/01 BKK 23/01 KOALA CONTAINER LINE STORE
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      Page 44 Advertisements Column 3
      294 44 .&.COSCO;: UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: I A VESSEL 28/01 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/12 20/12 Huangpu/Guangzhou j COSCO FULL CONTAINER SERVICES tFCL/FCL) EXPORT TO: CNMA/RANGKOK/HONQKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
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      1019 45 4 HYUNDAI I MERCHANT MABINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 VESSELS VOT PNA I fKE I PGP I VESSELS VOY I SIX I RTM AWT' LEW HAM U&t FEL NOR MALACCA 9403 A 17/01 11/01 20/01 PACttC SRDGC 308W 24/01 11/02 11/02 12/02 13/02 13/02 15/02 HMM ADVANCE
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      479 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS rtSSU m V M RK u COSMIC MRU V 3« 27/1 28/ I AMBM R3 1/2 1/2 IHM l» 27/1 SMI *25 |/2 CSABFMB TUMI V3S 7/2 bum mm mi t/i BUM ST lIS 11/2 OUTBOUND VESSELS LOAM* FOt
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      Page 45 Advertisements Column 3
      879 45 VESSEL VOY 3N ETA/D LAX OAK CH PAL BEM/COL HOU NTC NOR ALLIGATOR VICTORY 50A 20-21/01 06/02 OS/02 09/02 10/02 10/02 11/02 U/02 12/02 HENRY UPSON BRPCE 72A 27-21/01 13/02 15/02 K/02 17/02 17/02 11/02 11/02 19/02 ALLIGATOR TRRBOT 52A 03-04/02 20/02 22/02 23/02 24/02 24/02 25/02 25/02 28/02 MACIUNAC
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      55 46 `|,=$||('><,?,\+<$$^{^||:|\=<$> MUMf M.V. "BROTHER STAR" VOY. IS Arrived 11th January 1994 Consignees of all damaged cargoes ex the captioned vessel ve hereby notified that a general survey will be held on the 19th January 1994 0900-1200 hours at FT 10. No further survey will be entertained thereafter. Aa Aoanta: "K"
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      4 46 Tomorrow in Business Times
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