The Business Times, 19 January 1994

Microfilm: NL19042
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Wednesday January 19 1994 75*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones up 3.38 points
      46 1 AFP NEW YORK The Dow Jones Index was up slightly yesterday after posting a record morning level following reports of hefty 1993 last quarter profits by major US banks. The Dow climbed by 3.38 points to 3.873.67 at Ipm EST. AFP
      AFP  -  46 words
    • Article
      Lock icon US probes farm trade with Canada
      74 1 AP WASHINGTON The US International Trade Commission opened investigations of US-Canada farm trade yesterday. the first steps toward restricting imports of Canadian peanut products and durum wheat. President Clinton had given Canada 60 days to stop what US farmers consider unfair trading practices. The
      AP  -  74 words
  • Article, Illustration
    MARKET SUMMARY
    117 1 Stock market indices TmAiy Change STII 1280.41 +3.37 KLSE Composite...!.I 10.22 +6.03 Nikkei 18 514.55 -210.82 Hang Seng 11.017 69 +224.77 SET Index 477.03 +2.92 Jakarta C omposite ...592.01 +4.85 CLSA C hina B 1.375 49 -18.03 Aust All Ord 2.232.1 -6 1 FTSE 100 3.437.0 29.2 Tuevtav
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  • Article
    KLSE acknowledges rising of share prices by syndicates
    514 1  -  From Amy Balan in KUALA LUMPUR THE manipulation of Malaysian share prices by syndicates was acknowledged yesterday for the first time by a senior official of the Kuala Lumpur Stock Exchange. At a press luncheon at Exchange Square here, KLSE general manager
    514 words
  • Article
    S'pore, KL shares close firm but investors still cautious
    364 1  -  By R Sivantthy SINGAPORE Share prices in Singapore and Malaysia yesterday closed slightly firmer, while expectations of good bank results drove Hongkong's Hang Seng Index up 2.08 per cent. For the second consecutive day, trading on both sides of the Causeway
    364 words
  • Article
    Shinawatra Satellite makes sparkling debut on Thai bourse
    243 1  -  From Loh Nui Yin in BANGKOK THE debut of Shinawatra Satellite's shares yesterday provided some excitement for what was otherwise a dull day on the Stock Exchange of Thailand. The shares of Thailand's only communications satellite operator were chased to a high
    243 words
  • Article
    S'pore Telecom may buy Swedish state-owned cable TV company
    221 1 SINGAPORE Singapore Telecom is considering the purchase of a Swedish stateowned cable television company in Stockholm for an undisclosed sum. A Telecom statement yesterday said the City Council of Stockholm had resumed discussions on an exclusive basis with Telecom about the
    221 words
  • Article, Illustration
    Lock icon All for a slice of that Singapore pie
    124 1 Photo by Christopher Loh LETs start by telling you what this is not. It's not a queue for new shares, new rondo units, kindergarten places or $1 chicken rice. These people are among the 100 or so who queued at the Singapore
    Photo by Christopher Loh  -  124 words
  • Article
    Lock icon LA quake: the aftershock
    80 1 AP LOS ANGELES Commuters confronted crumbled freeways, detours and frayed nerves yesterday. Thousands of other Los Angeles residents struggled to get by with no power, no water and in some cases no place to live. More than 30 people died and than 1.000 were treated in
    AP  -  80 words
  • Article, Illustration
    Groomed to lead: PM Goh rates four promising ministers
    394 1 SINGAPORE Prime Minister Goh Chok Tong. saying his top priority is to groom the younger ministers quickly, gave a frank assessment of four of them in Parliament yesterday. Three of them Lim Hng Kiang, Teo Chee Hean and Abdullah Tarmugi have
    394 words
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      196 1 WL i HH jC gjsbM i. > La mud a per <> CONTENTS Htm% CifM 111 Spore Nws 2 S'pore*sia 19.20.21 financial 23.24 norw Hfws #,o Features MsriMts Analysis 17 Oob/RLSE, SES 2&30 Editorial 16 Regional 26 Sports U World 27 TV/Lifestyle 13 Currencies 24 World Focus 10 Simex/Commo ...24.25
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      7 1 Regional Analysis: Pg u Asia's emerging entrepreneurs
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      33 1 Hock Lock Siew: Pg 19 Lessons to be learnt frotimluqgZiw PNB chief sees slower growth for KL bourse. Page 20 Full reports. Pages 26-30 Hock Lock Siew: The greatest stockmarket lesson. Page 19
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      16 1 Engineering group Acma takes the wraps off its new line of red-hot fire extinguishers Page 19
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      128 1 Bottom Line: Pg is PMn to help workers flawed MMH pi||is Full report. Back Page Parliament reports. Page 2 U—\ SSsSSB emmm SSSBSB And Let 71 Years' Expertise Work For You GR-2010 TRADE IN YOUR COPIER FOR UP TO t|2oo For enquiries call Jenny it TEL: 271 9900 Singapore s
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Wholesale prices lower last year
        335 2  -  By Teh Hooi Ling WHOLESALE prices ended 1993 about one percentage point lower, compared with the beginning of the year, lat* est figures from the Department of Statistics show. But prices seem to have stabilised in the last few months. The manufactured products price index
        Source: Dept of Statistics  -  335 words
    • IN BRIEF
      • Article
        Don't condone corrupt practices
        67 2 SINGAPOREANS should take a firm and public stance against corruption to deal with the constant problem of whether to pay under-the-counter money when doing business in other countries. Nominated MP Robert Chua said yesterday. Community and business leaders, especially, should not condone such behaviour by Singaporeans
        67 words
      • Article
        Call to allow more bus companies
        48 2 ALLOWING more bus companies will improve public transport, said S Vasoo (Tanjong Pagar). Calling for a review of the duopoly of two bus companies, he said: "A few more bus companies should be allowed to operate so more competition could be introduced."
        48 words
      • Article
        Retaining more savings with CPF
        80 2 TO HELP provide retirees with a steady flow of income, the Government should work with banks to examine ways to encourage people to retain more of their CPF savings with the CPF Board, said Othman Haron Eusofe (Marine Parade). "This could be in the form
        80 words
      • Article
        Build small flats for retirees
        97 2 THE Government should consider building high-quality small flats, said Charles Chong (Eunos). People could sell bigger flats and buy the smaller ones when they retire, he said. This would give retirees a source of income as well as a place to stay. Making it hard
        97 words
    • Article
      PM Goh lists 3 priorities for the year
      686 2  -  Yesterday in Parliament Strengthen Cabinet Tackle problem of greying population Expand external economy By Anna Teo PRIME MINISTER Goh Chok Tong's three priorities for the year are to strengthen the Cabinet, tackle concerns about a greying population, and to expand the external
      686 words
    • Article, Illustration
      Plan to raise CPF minimum sum to $80,000
      506 2 THE Central Provident Fund minimum sum should, gradually over 10 years, be raised to $80,000 to meet Singaporeans' old age needs. Prime Minister Goh Chok Tong proposed yesterday. While the current CPF minimum sum of $34,600 can be entirely in the form
      506 words
    • Article
      Finance Ministry rapped for threatening civil servants
      328 2  -  B* Chuang Peck Ming THE Finance Ministry was rapped by Prime Minister Goh Chok Tong for threatening civil servants in a circular on the revision of medical benefits in the civil service last month, it was disclosed yesterday. "I was extremely annoyed at
      328 words
    • Article
      Hagemeyer, Matsushita end Singapore pact in April
      389 2  -  By Teh Hooi Ling DUTCH wholesaler Hagemeyer NV will no longer import and distribute Matsushita products in Singapore from April this year. The company said yesterday that it had reached an amicable agreement with Matsushita Electric Industrial Co to stop importing and distributing
      389 words
    • Article
      Kuok firm makes winning bid for Bukit Batok freehold site
      290 2 SUGAR tycoon Robert Kuok's Allgreen Properties has pipped a slew of locally-listed companies to clinch a Bukit Batok site in the tender sale of one of the largest privately-owned freehold land parcels left on the island. An official of the
      290 words
    • Article
      Chip maker Thomson to expand R&D activity in S'pore
      264 2 FRENCH-ltalian chip maker SGS Thomson (ST) will expand significantly its R&D operations in Singapore over the next few years, increasing the total number of R&D personnel employed in its two Singapore factories from about 30 today to over a hundred. This
      264 words
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      131 2 Q OMEGA The sign of excellence. presents in concert featuring Michael Paulo on saxophone Just One Somewhere Mo Be Always You, 1 Believe In Love and iF Wednesday, m m 2nd February 1994 1 Time Bpm 1 Venue: 1 Harfewr WorM Trade Centre 1 V 1 A B Prices; $35,
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  • THE REGION
    • Article
      KL firms tie up US$107m worth of ventures with Manila
      331 3  -  From Al Labita in MANILA MALAYSIAN firms have forged US$lO7 million (SSI 71 million) worth of joint ventures and clinched US$54 million in sales during a fiveday trade and investment trip to Manila, says Trade Minister Rafidah Aziz. She said
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    • Article
      Lock icon Rafidah calls for shorter time-frame for Afta
      239 3 Reuter MANILA Malaysian Trade Minister Rafidah Aziz has urged South-east Asian nations to speed up the time-table for creating a regional free trade area and to expand its scope. Ms Rafidah told reporters at the end of a five-day visit to Manila yesterday
      Reuter  -  239 words
    • Article
      Thai baht likely to find favour again in money markets this year
      691 3  -  From Alan Boyd in BANGKOK THE Thai baht is expected to return to favour this year after a corporate flirtation with cheap European funding, but there is less confidence over whether the currency will travel well in Indochina.
      691 words
    • Article
      US Treasury seeks greater presence in Asia: Bensten
      378 3  -  From Loh Hui Yin in BANGKOK THE United States Treasury Department intends to have a greater presence in Asia given the growth in business opportunities for US companies. US Treasury Secretary Lloyd Bensten said yesterday: "The Treasury Department has had representation in
      378 words
    • Article
      Lock icon Most Malaysian firms lost money in early *****: survey
      107 3 Bloomberg Business News KUALA LUMPUR A survey of nearly 1,000 Malaysian companies has found that most were losing money in the early 1990s despite the country's booming economy. "It is unusual, but it is a fact," said Khalid Ibrahim, chief executive
      Bloomberg Business News  -  107 words
    • ASIA NOTES
      • Article
        Lock icon Taipei to reimpose capital gains tax
        80 3 Reuter TAIPEI Taiwan's Cabinet has given preliminary approval to the Finance Ministry's proposal tc reimpose a stock capital gains tax. The semi-official Central News Agency yesterday said a Cabinet screening committee chaired by Minister of State Wang Chou Ming had approved the outline *of
        Reuter  -  80 words
      • Article
        Lock icon China to allow foreigners to bid for oil
        70 3 Bloomberg Business News HONGKONG China plans to permit foreigners to explore and develop its oil and natural gas reserves. The China Daily yesterday quoted Wang Tao, general manager of the China National Petroleum Corporation; as saying China planned to permit open bidding
        Bloomberg Business News  -  70 words
      • Article, Illustration
        Lock icon Flying start to better ties?
        52 3 Reuter MATSU, Taiwan Residents of the Taiwanese-led islet of Matsu, just off China's south-eastern coast, throng the airport to celebrate the first flight by a civilian airline between the island and Taiwan since the Nationalists lost the Chinese civil war and fled to Taiwan in
        Reuter  -  52 words
      • Article
        Lock icon More light shed on Indonesia
        55 3 AFP JAKARTA Indonesia plans to almost double the number of villages with electricity in just five years. President Suharto said yesterday: "We are planning so that by the end of the sixth five-year development plan, about 80 per cent of our villages would be able
        AFP  -  55 words
      • Article
        Lock icon Former S Korean PM dies
        49 3 Reuter HONOLULU Former South Korean Prime Minister Chung 11 Kwon died of cancer on Monday at a hospital in Hawaii. The South Korean consulate here said the 77-year-old Chung had undergone treatment for lymph cancer in both Hawaii and Washington in recent years. Reuter
        Reuter  -  49 words
      • Article
        Lock icon Mahathir for Apec summit in Indonesia
        59 3 AFP MANILA Malaysian Prime Minister Mahathir Mohamad will probably attend Apec'S planned informal summit in Indonesia in November despite his government's opposition to institutionalising the group. Trade Minister Rafidah Aziz said yesterday that "there are no indications, no invitations yet," but "I presume should
        AFP  -  59 words
    • Article
      Lock icon China hopes textile pact will set new tone for Sino-US ties
      514 5 Reuter BEIJING With last-ditch concessions to win a textile pact China hopes to set a new conciliatory tone for Sino-US links as the two sides face a much larger battle over human rights and trade, diplomats said yesterday. The
      Reuter  -  514 words
    • Article
      Lock icon South Korea's chaebol streamline businesses
      244 5 Reuter SEOUL South Korea said its top 30 business conglomerates or chaebol, responding to a government drive to bone international competitiveness, had chosen 112 companies to operate their main business lines. Trade Minister Kim Chul Su initiated the drive last June, saying chaebol, whose activities
      Reuter  -  244 words
    • Article, Illustration
      Lock icon China starts vulgarity tax to support arts
      231 5 Reuter BEIJING China's booming southern province of Guangdong has slapped a vulgarity tax on karaoke clubs, ballrooms and similar cultural activities to get money to help promote long-neglected fine arts. Karaoke crooning, saccharine pop videos, mawkish fashion shows in smoky supper clubs such
      Reuter  -  231 words
    • Article
      Lock icon Beijing must restore economic discipline, says HK official
      447 5 Reuter HONGKONG China must restore economic discipline to tackle raging inflation, but problems caused by soaring economic growth can be overcome if the Beijing leadership is united in fighting them, Hongkong's Financial Secretary Hamish Macleod said. In remarks reflecting worries that Hongkong
      Reuter  -  447 words
    • Article
      Lock icon Japanese industrial investment in Europe falls 25pc: study
      401 6 FT TOKYO Japanese industrial investment in Europe fell by nearly a quarter last year, reflecting Japan's economic troubles and the shift of fresh production to emerging Asian markets. Japanese companies spent US$7.O6 billion (SSI 1.3 billion) on 538 investments in western Europe.
      FT  -  401 words
    • Article
      Lock icon Expected fall in Japan's trade surplus unlikely to pacify US
      578 6 Reuter TOKYO Japan's mammoth trade surplus may have bulged a bit in December and hit a record high in 1993, but economists say it will shrink this year. The expected decline. However. is unlikely to satisfy US officials, increasingly frustrated
      Reuter  -  578 words
    • Article
      Lock icon Indian police crack down on planned Hindu rally
      172 6 AFP BOMBAY Police in western India cracked down on Hindu militants, moving to block a planned protest rally yesterday against a university renamed after a hero of the untouchable community. An estimated 80.000 police and paramilitary troops were deployed in the western
      AFP  -  172 words
    • Article, Illustration
      Lock icon Paying to keep a job
      66 6 Reuter NEW DELHI An unlicensed porter at New Delhi railway station toting a passenger's luggage upstairs to a train. One of an estimated three million child labourers in India, he pays a cut of his 30 rupees (about 551.60) a day earnings to police to
      Reuter  -  66 words
    • Article
      Lock icon Japan's Nov machinery orders down 6.9pc
      234 6 Bloomberg Business News TOKYO Japan's private sector machinery orders, excluding those: to shipbuilders and electric utilities, fell 6.9 per cent in November from a year before, the Economic Planning Agency said. Orders rose a seasonally adjusted 23.0 pejr cent from October, the agency said.
      Bloomberg Business News  -  234 words
    • Article
      Lock icon NZ inflation of 1.4pc among world's lowest
      394 6 Reuter WELLINGTON More than two years into an economic recovery. New Zealand has notched up another inflation figure among the lowest in the world. Economists said yesterday the 1.4 per cent rise in the December 1993 year was exactly in line with the
      Reuter  -  394 words
    • Article
      Lock icon China may become big market for jewellery
      324 6 AP LONDON Jewellery is in strong demand by rich people in the Far East, and jewellery sales in China where the economy is burgeoning will accelerate rapidly, Sotheby's predicted on Monday. "Over the next 10 years Chinese-speaking Asia will become more important (to
      AP  -  324 words
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      28 3 /mmIL /FKUCDS or commercial I development ■WTKTTI I apartments,high-profile |22^Kj3oJ^ I jjHMN^HMMH I Paul Udul AH: 57ft 1723 AmWltam ■■■■■HHT m%> Hi AH: 889 5943 AshdyWcc »MC S43BHK
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      226 3 The Key to Security: a 120-year-old tradition in private banking Mortice key, Nuremberg, late 15th century. The principle on which this key is based is so reliable that it is still in use today, for instance in cash registers. At Swiss Bank Corporation Singapore we insist on regular personal visits
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      370 4 m» m- afc -fflM.' I^^H s j~~B 1 L ml* agMHHpr r VBHHHBB^^ i|| i±_jji B. v J > i Y~""\ SR [m p- B V 4 *fhi -<aißs&i r -^miPHH Stylus I 1 EPSON Stylus IOOO^PI^^BBBBBBWfcfc^ JL I fl If I > #fc** Jv<-'"*v' v pi** »»v Mf|fiu» V
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      70 5 Editorial: Another last-gasp US-Sino deal, Pg 16 S Wm fptL n mm* —Kg*. Hfaß v#MBSwgMiM \U». i I 1 1 You the road because B ,-g^ you iove little hairpin bends leading down to across the feeling as you is the territory the new 850 Estate begs to your easy
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      122 6 Stnsapo/fe e*® n,s X>nia WICI Featuring an evening I with master brassman erUmaSCl in ■Hi A albums "Bluestruck" H and "From the Heart" Monteiro Band. Also I featuring Asian song stylist Maria Angela Date: 19 January 1994 Time 8:15 pm Venue Victoria Concert Hall Tickets priced at $10, $20 and
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      185 6 MVERS Trays I f —i Duet Trays Syste m Tray 44 Both the Duet Trays and System Tray 44 are moulded from high impact polystyrene for maximum strength and durability. Insist on Myers and you know yo<u are getting the best. Also available is a wide range of Myers desktop
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      44 6 Difficulty in getting a copy of Her World, Go, Singapore Business, Home Decor, Young Parents? Call 1800-749-2577 for locations of nearest newstands. j& john langford of London ■Wyßw blip Buckingham Palace British magnificent collection English classic British design Available at all leading department stores.
      44 words
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  • THE WORLD
    • Article
      Lock icon German economic recovery will be weak, says industry chief
      490 7 Bloomberg Business News Reuter, FRANKFURT The president of the Federation of German Industry (BDI), Tyll Necker, said there would only be a weak recovery as the German economy pulled out of its worst recession since World War Two. Mr Necker said
      Bloomberg Business News; Reuter,  -  490 words
    • Article
      Lock icon Italy's budget deficit, national debt still high, warns OECD
      410 7 FT ROME Italy's budget deficit and national debt remain "extremely high", despite recent progress, the OECD warns in its annual country report. The report points out that the 1993 budget deficit was 9.7 per cent of gross domestic product (GDP), while
      FT  -  410 words
    • WORLD WATCH
      • Article
        Lock icon German manufacturing sales down
        114 7 Bloomberg Business News WIESBADEN, Germany German manufacturing and mining sales fell by 3.1 per cent in November to 166.1 billion marks (SSIS2 billion) from a year earlier, the Federal Statistics Office said. That compares with a 7.3 per cent year-on-year decline in October. November export sales
        Bloomberg Business News  -  114 words
      • Article
        Lock icon Govts urged to end drug price controls
        123 7 Bloomberg Business News LONDON A European Commission report on the pharmaceutical industry urges governments to end direct price controls on drugs and find more effective ways to contain health costs. The EC report, drafted by industry commissioner Martin Bangemann and to be considered
        Bloomberg Business News  -  123 words
      • Article
        Lock icon Russian troops should stay
        89 7 Reuter MOSCOW Foreign Minister Andrei Kozyrev said yesterday that Russian troops should not be totally withdrawn from the former Soviet republics because the region was of "vital interest" to Russia. In remarks certain to spark alarm in the Baltics as well as the Commonwealth of Independent
        Reuter  -  89 words
      • Article
        Lock icon Turkey joining space club
        73 7 Reuter ANKARA Turkey's first satellite blasts into space this month, taking Ankara into the space club and carrying with it Turkish hopes of reaching out to Europe. Owner of the first satellite to look east and west over Eurasia, Turkey hopes its first space programme will
        Reuter  -  73 words
    • Article, Illustration
      Lock icon Distorted view
      59 7 AFP SUHL, Gcrauy Germ skinhead Silvio Eschrich was diaggtd away by conrt officials as he spot onto a photographer's leas npon arriving for his trial in Sohl on Monday. Eschrich and another sfcinhrad were wnhnttd to Jail for an attack on Mack US toboggan athlete Robert Pipkins and
      AFP  -  59 words
    • Article
      Lock icon French employers rap Balladur for VAT remarks
      180 7 Reuter PARIS The head of France's bosses' association said Prime Minister Edouard Balladur let down business by suggesting the state could target tax refunds at firms that created jobs. Francois Perigot, chairman of the National Employers' Association (CNPF), said he reminded Mr Balladur
      Reuter  -  180 words
    • Article
      Lock icon Saudis near accord to stretch out US$10b arms payments
      481 8 NYT WASHINGTON In a plan that carries broad implications for American foreign policy and military industry, Saudi Arabia is nearing agreement with five of the country's biggest military contractors to stretch out US$lO billion (SSI6 billion) in payments due over the
      NYT  -  481 words
    • Article
      Lock icon Reagan okayed deals in Iran-Contra scandal: US lawyer
      301 8 AP WASHINGTON Former (JS President Ronald Reagan authorised both the arms sales and military aid that became the focus of the Iran-Contra scandal and "knowingly participated or at least acquiesced" in a cover-up by his top aides, a prosecutor concluded in his
      AP  -  301 words
    • Article
      Lock icon European Union chief rebuffs Clinton's trade agenda
      339 8 IHT BRUSSELS Europe's trade chief rebuffed President Bill Clinton's new trade agenda on Monday, saying that attempts to impose environmental and labour standards on developing countries could be merely a "disguised form of protection." Sir Leon Brittan. the trade commissioner for the European
      IHT  -  339 words
    • Article, Illustration
      Lock icon Right, right, extremely right
      52 8 Reuter MOSCOW Extreme-right wing leader of the Liberal Democratic Party of Rossis Vladimir Zhirinovsky talking to one of the deputies of his party during the Russian State Duma session in Moscow on Monday. Pro-reform groups find themselves outnumbered by the Liberal Democratic Party and the Communist
      Reuter  -  52 words
    • Article
      Lock icon French economic recovery not likely to take hold until 1995
      504 8 IHT PARIS Though the numbers no longer headed south. 1994 will be another year of economic crisis for France, with a recovery and a modest one at that not likely to take hold until 1995. Despite a soaring Paris stock
      IHT  -  504 words
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      104 7 ■\i4)f Hitachi and OCBC.. Another First in Customer Convenience OCBC has introduced Hitachi's easy-to-use state-of-the-art passbook printers as part of its electronic banking programme. These user-friendly machines allow customers to automatically update their passbooks quickly and easily without having to queue at the counter. This significantly reduces the time required
      104 words
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      880 8 WING TAJ WING TAI HOLDINGS LIMITED (Incorporated in the Republic of Singapore) '4 NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an extraordinary general meeting of the Company will be held on 3 February 1994 at 4.00 p.m. at the Hibiscus Room, Mezzanine Floor, Shangri-La Hotel, 22 Orange
      880 words
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      23 8 ■MM m 11« '."if y »»><illfii *jEBI m^Ckt -csiis^Bp^^B-^ifcS# Ava i 1 a ble at Takaskimaya Singapore LTD PARIS TOKYO LONDRES NEW YORK
      23 words
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      225 9 CMHGR ATU L ATIMHS Many congratulations to China International Travel Services, The Bank of China Trust and Consultancy Company, and ITT Sheraton Corporation on signing their historical agreement to form the Sheraton Orient Hotel Management Company at The People's Great Hall in Beijing yesterday. This joint venture promises an exciting
      225 words
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  • WORLD FOCUS
    • Article, Illustration
      Lock icon Home and business owners hit badly
      503 10 The Los Angeles earthquake Reuter, IHT, AFP NEW YORK The devastating earthquake that ravaged Los Angeles on Monday was felt in business circles around the country, crippling communications with California and slowing trading in stock markets. The earthquake that struck the nation's second largest
      Reuter,; IHT,; AFP; Reuter  -  503 words
    • Article
      Lock icon City has nowhere to go sans freeways
      395 10 Reuter, AP LOS ANGELES The city that lives by the car all of a sudden has nowhere to go. In seconds, the powerful earthquake snapped Southern California's lifeline: the freeway system that keeps the cardependent region in gear. When the Northridge earthquake struck
      Reuter,; AP  -  395 words
    • Article
      Lock icon LA basin sitting on faults big enough to cause havoc
      260 10 AP LOS ANGELES The earthquake that convulsed the San Fernando Valley early Monday demonstrated as brutally as possible the danger posed by a complex web of deeply buried thrust faults underlying the Los Angeles basin. Seismologists said on Monday that
      AP  -  260 words
    • Article
      Lock icon Productivity, tourism will be main casualties, says expert
      277 10 Reuter NEW YORK A Wall Street economist known for his assessments of the California economy thinks tourism and worker productivity are two areas likely to be hurt most in the aftermath of Monday's devastating earthquake. Hotel occupancy rates dropped precipitously" after a
      Reuter  -  277 words
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      30 10 IS B '*SkJe si* •';> *WfJWfc ~9:dF%: "ft Ak ■BBWWBBj^^K Bgil «JBBMBF* «IHHiHLi^S^HHIHIHHI!!HHHHHH^IIIH^H^NHIHHIHHHHiJHHIHIi^DHn jj m i X vP HM| L» jj_J /v ~COGNAC y&iAasOJL jrw LA LEGENDE DU COGNAC DEPUIS 1819
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  • SPORTS
    • Article
      Lock icon Angry Stich vows to boycott Grand Slam Cup after loss
      746 11 Australian Open AP, AFP MELBOURNE An angry Michael Stich vowed yesterday to never again play in the Grand Slam Cup a tournament in which he has won more than US$3 million (SS4.B million). American MaliVai Washington defeated secondseeded Stich 7-6
      AP,; AFP  -  746 words
    • Article
      Lock icon Croatian Kukoc impresses NBA
      287 11 AFP WASHINGTON Toni Kukoc is not the next Michael Jordan. But the three-time European Player of the Year has kept alive the dynasty Jordan built, helping threetime defending champion Chicago stay among the National Basketball Association's top teams. "Now the dream comes true," Kukoc said. "There's
      AFP  -  287 words
    • SCORE CARD
      • Article, Illustration
        Badminton
        119 11 CHELTENHAM, England 'World grand prix singles rankings after the opening Chinese-Taiwan Open Men: 1 Heryanto Arbi (Indo) 300pts 2 Thomas StuerLauridsen (Den) 200 3 Park Sung Woo (SK), Poul-Erik Hoyer-Larsen (Den) 145 5 Jens Olsson (Swe), P Kantharoopan (Mai). Fung Permadi (Indo). Sompol Kukasemkij (Tha) 100 9 Peter Espersen
        119 words
      • Article, Illustration
        Lock icon Basketball
        43 11 Reuter AFP NEW YORK NBA Monday: NY 106 Minnesota 94; Washington 87 San Antonio 100; Sacramento at LA Lakers postponed; Atlanta 102 Milwaukee 98; Chicago 121 Philadelphia 91; Cleveland 114 Or- lando 107; Detroit 94 Utah 109; Golden State 104 Phoenix 99.
        Reuter; AFP  -  43 words
      • Article, Illustration
        Lock icon Ice hockey
        31 11 Reuter NEW YORK NHL Monday: NY Islanders 1 Florida 2; Tampa Bay 3 Detroit 6; Boston 5 Hartford 3; San Jose 3 Calgary 2; Montreal 3 Washington 1. Reuter
        Reuter  -  31 words
      • Article, Illustration
        Lock icon Tennis
        550 11 AFP MELBOURNE Second day of Australian Open Ist rd Tuesday Men's singles: Thomas Enqvist (Swe) b Petr Korda (Cze) 6-3 6-4 7-6; Wayne Ferreira (SA) b Fernando Meligeni (Bra) 6-4 6-3 7-6 (10-8); Daniel Vacek (Cze) b Christian Bergstrom (Swe) 6-3 1-1 (retired); Andrea Gaudenzi (Ita) b Karsten Braasch
        AFP  -  550 words
    • Article, Illustration
      Lock icon Kerrigan back on the ice and doing well
      213 11 Reuter BOSTON Figure skater Nancy Kerrigan was back on the ice on Monday, skating publicly for the first time since she was attacked in Detroit. "I was kind of stiff at first my knee especially. After 1 kept going, it loosened up
      Reuter  -  213 words
    • Article, Illustration
      Lock icon Golden Bear ready to roar again
      297 11 Golf AFP PARIS Jack Nicklaus turns 54 on Friday, but don't tell him. The world's greatest golfer has turned back the clock and he thinks he's only half his age. Nicklaus. whose last major win was at the 1986 US Masters when he was
      AFP  -  297 words
    • SIDE LINES
      • Article
        Lock icon Paris launches fourball pro event
        68 11 AFP PARIS Paris will host the new £350.000 (*****,000) European fourball golf championship at its Saint Cloud course from April 14-17. The professional European tour event, said organiser Bernard Pascassio here on Monday, will attract 120 top-class golfers split into 60 two-man teams. PGA European
        AFP  -  68 words
      • Article
        Lock icon Association funds used for attack: report
        125 11 AP PORTLAND, Oregon Tonya Harding prepared on Monday for her first questioning by officials amid reports that funds from the US Figure Skating Association may have been used to finance the attack on Olympic skating rival Nancy Kerrigan. NBC News said it learned authorities
        AP  -  125 words
      • Article
        Lock icon Thai heads for world snookers finals
        98 11 AFP BLACKPOOL, England Noppadon Noppachorn homed in on a debut appearance in the final stages of the World Snookers Championship with another impressive performance here on Monday night. The 1991 world amateur champion from Bangkok reached the eighth qualifying round of the game's leading
        AFP  -  98 words
      • Article
        Lock icon LA stadium faces US$3.4m quake bill
        59 11 AFP LOS ANGELES Anaheim stadium, the home of American football's Los Angeles Rams and baseball's California Angels, faces a bill of US$3.4 million after being damaged by the earthquake that has devastated southern California. The damage might help push away the Rams, who were
        AFP  -  59 words
      • Article
        Lock icon Venables in financial deal probe
        116 11 AFP LONDON Terry Venables, touted as the big favourite to take over as England's new football manager, faces a crunch day here yesterday as a probe into alleged misconduct gathers pace. Venables takes centre stage in an investigation being carried out by the Premier League
        AFP  -  116 words
    • Article
      Lock icon Windchill won't faze Joe Cool
      707 11  -  Many people doubt Joe Montana will be able to perform his best in sub-zero temperature, but Dave Anderson knows Dave Anderson NYT NEW YORK Now that Joe Montana will be wearing long underwear in Buffalo next Sunday. the doubters arc snickering Joe Cool will freeze
      NYT  -  707 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      212 11 B U S I NE S S T T M• B S TOLL-FREE TEL. No. 1-BQO-7AI-1883 FAX: 741-1298 y.-' *>■> v 6 w MAJOR INTERNATIONAL BROKING HOUSE Economist (Ref 1184) Around $60,000 If you are dedicated and resourceful, have a good i i i anw 1 knowledge of the Singapore
      212 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      825 12 m Nothing Beats A Bud. «MatTo»n«,Di«MioEin«T«ii... or IT FULL DAY jf SEMINAR PACKAGE at only $45.00 per person""! Good business sense means conducting your seminars or mini-conventions outside the CBD yet in the heart of the Orchard Road area. That means choosing the Boulevard Hotel and our excellent seminar packages.
      825 words
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      Page 12 Advertisements Column 2
      287 12 //V7V the. Efyrmmr: Enfov an urnor>?efTato*e even trig oi spectacular world class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chefs Free parking in the evening 7* Bam Cfmrm Likm Home Qm* 0104 TH 12*»U (FREE! use of KTV rooms* at the Coleman's
      287 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The Golden Globe gets a polishing
      920 13  -  John Kehoe takes a look at a film award ceremony that has come a long way from being a farce John Kehoe NYT THE spectacle of an old rogue still energetically plying his craft is somehow deeply charming. So it is with the 51st
      NYT  -  920 words
    • Article, Illustration
      Marlon Brando finishing life story
      376 13 CHATTERBOX ACTOR Marlon Brando is nearly finished with his longdelayed memoirs and is expected to deliver a completed manuscript to his publisher. Random House, by the end of the month. Random House honcho Harold Evans said "we expect to publish the book next fall and
      376 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      357 13 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 flOl -03 ROYALVILLE BUKIT TIMAH ROAD SINGAPORE 1027
      357 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1312 13 TV RADIO J ButterfMd 8, SBC 12 Taylor an for her a beauthe to go meets someone who Mr Right. LaurHarvey stars Talking Point Bpm. SBC S are My for aca- >*: -jM qualifications, some them have decided to get the working world instead, forgoing the paper chase to rake
      1,312 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Entrepreneurs with a heart
      1944 14  -  Special to BT Rise of Asia's businessmen SONNY COLOMA SONNY COLOMA The writer is director of the Master in Business Management Programme of the Asian Institute of Management. Manila. Til! July 1991. he has deputy executive secretary and head of the Presidential Management Staff in the
      1,944 words
    • Article, Illustration
      Young Indian businessmen making presence felt
      959 14  -  Special to BT DILIP THAKORE DILIP THAKORE The writer was the founder editor of India's two top business magazines. Business India and BusinessWorid EVEN as the older business families of Indian industry are banding together under the so-called Bombay Club to confront the competition
      959 words
    • Article, Illustration
      Family connections no substitute for business acumen
      1168 15  -  Asia's emerging entrepreneurs MAGGIE FORD MAGGIE FORD The writer is BT's Jakarta Correspondent THE election of Aburizal Bakrie. 46, as the new chairman of the Indonesian Chamber of Commerce this month demonstrates just how quickly a young businessman can rise to the top
      1,168 words
    • Article, Illustration
      Japan — where you need to be a rebel to succeed in business
      1211 15  - Japan where you need to be a rebel to succeed in business ANTHONY ROWLEY ANTHONY ROWLEY The writer is BT's Tokyo C '(^respondent YOUNG entrepreneurs do not exactly grow on trees in Japan. They are not readily to be found in big company research divisions, eagerly awaiting the chance to
      1,211 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      124 15 These securities have not been registered under the Securities Act of 1933 and may not offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act of 1933. These securities having been sold, the announcement appears as a matter of
      124 words
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  • Article
    Another last-gasp US-Sino deal
    542 16 EDITORIAL THE last-minute deal struck between China and the United States on Monday averted a costly trade war. But it came as no surprise to those who track the vicissitudes of USSino relations. In recent years, thousands of acrimonous words over a wide range of issues
    542 words
  • WHAT THE OTHERS SAY
    • Article
      A revolution in the making?
      258 16 THE PLEAS of small, first-time sharemarket investors, long ignored by stockbrokers, have been heeded by the Stock Exchange of Singapore. It is to open the 133 sales centres in banks and broking offices for dealing in scripless shares from March, after the necessary technical link-ups
      258 words
    • Article
      Tough times for Russia
      165 16 PRESIDENT Bill Clinton's visit to Moscow signifies the American and Western determination to ensure economic and political reforms in Russia and the rest of the former Soviet republics. Since last year, the US has poured aid into Russia and so too have several Western countries. But
      165 words
    • Article
      Raise CPF withdrawal age to 60
      166 16 SEVERAL Members of Parliament brought up the feasibility of the Reverse Mortgage scheme and the need to raise the CPF minimum sum in last week's parliamentary debate on the President's Address. However, while the Reverse Mortgage scheme may solve the problems of those who
      166 words
    • Article
      On freedom of expression
      182 16 ANY POLITICAL OBSERVER here would agree: the "petition", signed by 1,000 senior politicians, intellectuals, human rights activists and students from all over the country last weekend, deploring the arrest and detention of 22 students after they staged a protest last month, was unprecedented. True, in the
      182 words
    • Article
      Bosnia: shame on the West
      127 16 NOT LONG after Bosnia erupted into civil war 21 months ago, the international community gambled that if it could fudge its commitment to peacekeeping long enough, the conflict would sooner or later fizzle out and be forgotten. It has not paid off; instead, with each
      127 words
    • Article
      Nab the right pollution culprits
      147 16 AIR POLLUTION may pose a bigger threat to people's health than smoking. After all, only some people smoke, but no one can escape breathing the air around us. So it is disturbing to learn that a University of Hongkong study has suggested that the Environmental
      147 words
  • Article, Illustration
    Lock icon Wrapped in an embrace
    1162 16  -  John Barham and Angus Foster discuss the progress being made towards economic integration in Latin America John Barham,Angus Foster FT WHILE Presidents Carlos Menem of Argentina and Itamar Franco of Brazil agreed to reaffirm the principles and timetables of a regional common market, longrunning arguments between
    FT  -  1,162 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      188 16 .✓r -'f B^lte>eB/Renoma Executive, Promotion y > tk 'Mmmm <X |m -i a g V ;>V- I I v M m. Make astyfoh statement at any lunch or high level greetings. Of course, you will need more than a business suit It takes the Parisian '"V Renoma touch. Expertly tailored
      188 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      65 16 /Bar tugrcs still m* I this is breaiomg Tte f HOUfc TO GO 6£R3fc£ y HR&IT" OF A ORD€J?.. LUNCHTiMC >.. UFGXiPO£ VOU VUNDegSTAhiD... J FOR /r&'-t U3BNT PvtJ cA»»oc»TW) Mgw»>A>tMltd,tm-tiM \ftgjUfn£jJT t# ILL H£l_P SOU., J 91oa DOONESBURY GARRY TRUDEAU decAusa r£Alw?houj muit KceNTUfesmaMca- OH? rrsvem UXXJU?YOU UM... HCATON!
      65 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon With Gaidar gone, which way will Russia go?
      923 17 John Lloyd looks at the inclinations of the men in the wings who could replace the reformist Russian first deputy PM FT YEGOR Gaidar's departure from the future Russian Cabinet even before he had been officially asked to join it casts a
      FT  -  923 words
    • Article, Illustration
      Clinton will be hitting trade barriers harder
      1784 17  -  US Trade Commissioner Carol T Crawford talks to Vikram Khanna Vikram Khanna Q: Your service with the US government has spanned three administrations. What are the main differences between the approach of the Clinton Administration to trade policy and that of the Bush
      1,784 words
    • Article
      Lock icon Mobil and Exxon do what just isn't done in Japan
      781 17  -  James Sterngold reports on last week's mild sensation when the US oil giants forced out the head of a large Japanese oil refiner James Sterngold NYT DO OWNERS have the right to run their companies? On Wall Street, no one
      NYT  -  781 words
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  • Article
    Lock icon Major US banks report record profits for 4th quarter
    457 18 AP, Bloomberg Business News, Reuter NEW YORK Citicorp, Chase Manhattan and NationsBank yesterday reported strong gains in their fourth-quarter earnings, with all three saying 1993 will be remembered as a record-breaking year. Chemical Banking, the nation's third-largest bank, reported a 76
    AP,; Bloomberg Business News,; Reuter  -  457 words
  • Article
    Lock icon Rouble plunges to record low against US$
    372 18 Reuter. AFP. FT ST PETERSBURG The rouble yesterday plunged to 1,527 to the dollar on the St Petersburg Interbank Currency Exchange, from 1,425 on Monday, falling below Moscow's record low of 1,504 roubles to the dollar. Dealers said fear of stalled reforms was
    Reuter.; AFP.; FT  -  372 words
  • Article, Illustration
    Lock icon Rescuers struggle as death toll climbs
    378 18 The Los Angeles earthquake Reuter. AFP LOS ANGELES A day after the worst earthquake in this city in two decades killed 33 people, Los Angeles yesterday was digging out from underneath rubble as violent aftershocks rattled residents' nerves. Authorities cancelled school and asked businesses
    Reuter.; AFP; Reuter  -  378 words
  • Article
    Lock icon Tokyo unveils plan to overhaul bidding system
    353 18 Reuter TOKYO Japan unveiled a plan to overhaul its bidding system for public works projects and open it to foreign firms yesterday, just two days before the United States was set to decide on possible sanctions over the issue. Prime Minister Morihiro Hosokawa
    Reuter  -  353 words
  • Article
    Lock icon Clinton's nominee for defence secretary withdraws
    307 18 AP. Reuter WASHINGTON Bobby Ray Inman is withdrawing his name as President Bill Clinton's nominee as defence secretary. the White House announced yesterday. The retired admiral was concerned about a probing confirmation process. Mr Inman said the "precipitating event" for his decision to withdraw
    AP.; Reuter  -  307 words
  • Article
    Lock icon Viacom raises bid for Paramount by more than US$800m, edging out QVC
    291 18 Bloomberg Business News NEW YORK Viacom Inc. responding to pressure to increase its takeover oflcr for Paramount Communications Inc. yesterday sweetened its bid by more than USSBOO million (551.28 billion), slightly edging out rival QVC Network Inc's bid.
    Bloomberg Business News  -  291 words
  • Article, Illustration
    Flaws in plan to help workers worldwide
    740 18  -  The Bottom Line REGINALD DALE REGINALD DALE The writer is a columnist with the International Herald Tribune, where this commentary first appeared LIKE many bad ideas, it sounds deceptively simple. Jobs are moving from high-wage industrial to low-wage developing nations where workers labour
    740 words
  • Article
    Computer hitch delays launch of new Hongkong daily
    377 18  -  From Catherine Ong in HONGKONG A COMPUTER hitch delayed the launch of Hongkong's third English-language newspaper but the party to mark its impending birth proceeded with some fanfare. The Eastern Express, the latest daily to be produced by the territory's biggest-selling newspaper
    377 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      41 18 Freehold Site IN JURONG KECHIL AREA FOR SALE BY TENDER Site Area of approximately 22,016 sf. Residential Development at Plot Ratio of 1.99. -j Closing Date: 28 January 1994 at 3 pm. I For further information, please contact Sole Marketing Agents;
      41 words
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      Page 18 Advertisements Column 2
      14 18 With Gaidar gone, which way will Russia go?, Pg 17 World Focus, Pg 10
      14 words
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      Page 18 Advertisements Column 3
      74 18 «m ptr PRIME DEVELOPMENT SITE at 92 Hillview Avenue Singapore Freehold Tenure Site Area 6,776.9 sm (72,947 sO approx. Suitable for Condominium Development at plot ratio of 1.92 FOR SALE BY TENDER Closing Date: 21 January 1994,12.00 noon. For Details and Tender "Documents, Please Contact: S 5 Lead Regional Agent
      74 words
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  • COMPANIES & MARKETS
    • Article
      Acma unveils green fire extinguisher from Russia
      243 19  -  *9 R Sivanithy SINGAPORE Diversified engineering group Acma yesterday unveiled the latest product of its alliance with the Russian authorities an environment-friendly fire extinguishing system. After announcing tie-ups with the Russian public utilities and telecommunications monopolies last year, Acma yesterday disclosed it had
      243 words
    • Article, Illustration
      Keppel Shipyard profit fell 20pc in 1993
      296 19  -  By Dexter Lee SINGAPORE Keppel Corp managing director Loh Wing Siew said last night that Keppel Shipyard suffered a 20 per cent drop in revenue and profit last year. The shipyard reported a turnover of $447 million and net earnings of $83 million
      296 words
    • Article
      NatSteel ventures into vehicle parts business in China
      205 19 SINGAPORE Nat Steel Chemicals has ventured into China's vehicle parts business. Parent Nat Steel said last night its local chemical unit had formed a joint venture with Juraya Enterprise and China's Guizhou Rubber Parts Factory to take over the bitter's assets in
      205 words
    • Article
      Market will tumble more before surging: panel
      494 19  -  By Shiv Taneja SINGAPORE The Straits Times Industrials Index will end the year beyond its present level, but not before further tumbles. This was the majority view of a panel of six stockmarket experts at the Singapore Press Club-organised Round Table Discussion last
      494 words
    • Article
      The greatest lessons are taught when stock prices tumble
      805 19  -  HOCK LOCK SIEW By Paul Leo SINGAPORE The stock market is a great teacher. It metes out lessons sharply, unexpectedly and impartially both veterans and novices pay the price. Hopefully, it is a price they can bear. The greatest lessons are
      805 words
    • Article
      CPF to help members return uninvested funds to accounts
      253 19  -  By Quak Hiang Whai SINGAPORE The Central Provident Board will introduce two measures to aid the transfer of uninvested money back to members' CPF accounts. Under the first measure, agent banks will be required to transfer money left over from unsuccessful
      253 words
    • Article
      Tsang & Ong director unaware selling below market rate was wrong
      431 19  - Tsang Ong director unaware selling below market rate was wrong NOL share-rigging case By Ramesh Divyanathan SINGAPORE A director of Tsang Ong Stockbrokers, which is linked to the Neptune Orient Lines (NOL) share-rig-ging case, told a Subordinate Court yesterday that he initially did not think it was wrong that one
      431 words
    • Article, Illustration
      Lock icon SUMMARY
      276 19 Source: Bridge Info Parianuac* of STTs Mn rtwta Jan 18 Laat Sm Wr Stack alt Chat iMwm Avimo 2.310 -a 110 1.49 -47.«3 CJkC 7.650 0.050 4.92 21.74 CWT 3.020 0.030 1.94 13.04 Cercbot 6.950 -0.100 4.47 -43.4» FAN 16.400 -0.400 10 55-173.91 Gen Mag 1260 0.030 O.tl 13.04
      Source: Bridge Info  -  276 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          New MD for Apollo Enterprises
          28 20 SINGAPORE Apollo Enterprises announced that deputy managing director Tan Boen Ho has been promoted to the managing director's post as of this month.
          28 words
        • Article
          Foreign shareholding in OUB
          75 20 SINGAPORE Overseas Union Bank said yesterday that the foreign shareholding in its issued capital stood at 40 per cent at the close of 1993. These include 173.24 million shares held by foreigners, 165.9 million shares held by those whose status of beneficial ownership or control could
          75 words
        • Article
          OUT's foreign ownership at 12.6 pc
          46 20 SINGAPORE Overseas Union Trust Ltd announced that the beneficial ownership of the issued share capital of the company by foreign persons was 12.6 per cent. The figure includes shares held by those whose status the company could not determine positively.
          46 words
        • Article
          Summa share purchase approved
          46 20 SINGAPORE Stockholders of Summa investments Ltd have approved the purchase of 20 million ordinary shares and nine million preference shares in The New Zealand Insurance Life (Bermuda) Ltd from General Accident Pacific Ltd. The purchase will cost Summa HKSI4S million (5530.16 million).
          46 words
      • Article
        Bank loans up 38pc in Oct, due mainly to Telecom issue
        286 20  -  By Soh Tiang Keng SINGAPORE Bank loans rocketed 38 per cent to $10.5 billion last October, triggered mainly by the Singapore Telecom issue. However, after adjustment for the Singapore Telecom factor, loans to professionals and individuals actually fell by
        286 words
      • Article
        Lock icon PNB chief sees slower growth for KL bourse this year
        424 20 Prospects for KLSE Bernama KUALA LUMPUR The Kuala Lumpur Stock Exchange (KLSE) is unlikely to grow drastically this year compared with 1993, Permodalan Nasional Bhd group chief executive said yesterday. "It will grow this year but not as drastically as
        Bernama  -  424 words
      • Article
        Lock icon Towards a safer M'sian bourse
        138 20 Bernama KUALA LUMPUR Regulatory compliance on the Kuala Lumpur Stock Exchange is improving and this will work in favour of public investors who do not have the privilege of having a first-hand look at a company's operations, a lawyer said yesterday. Choo Chin Thye, advocate
        Bernama  -  138 words
      • Article
        Lock icon Market's earnings likely to rise 20.4pc in 1994: publication
        380 20 Bernama KUALA LUMPUR The Malaysian stock market's earnings this year are expected to grow by 20.4 per cent to M$ 14.87 billion (558.77 billion) compared with 18.6 per cent last year, according to the 1993 edition of the sixth publication of
        Bernama  -  380 words
      • Article
        M Credit to build terrace houses, not condo, at Changi
        352 20  -  By Sylvia Wong SINGAPORE Property developer Malayan Credit will build 125 terrace houses on a site at Changi, instead of a condominium as planned. M Credit's general manager. Ang Ah Lay, said yesterday that landed property would yield more profit
        352 words
      • Article
        Lock icon Lityan's public offer oversubscribed by 19.22 times
        156 20 Bernama KUALA LUMPUR Lityan Holdings Bhd, which is involved in the information technology business, saw its public offer of 9.82 million shares oversubscribed by 19.22 times yesterday. A total of 35,526 applications for the 53,311,000 shares were received for the 2,637,000 shares made
        Bernama  -  156 words
      • Article, Illustration
        Lock icon Sony days in Vietnam
        49 20 AFP HANOI The first newly-opened Sony products showroom here was packed with visitors on Monday. On display were television sets, hi-fi, video-tape recorders and Walkmans. Sony, now in competition with other Japanese and South Korean giant electronics companies, is well liked by Vietnamese shoppers. AFP
        AFP  -  49 words
      • Article
        UNIT TRUSTS & FUNDS
        463 20 UNIT TRUSTS FUNDS MMacan' prion Jan 19 Untoood 1.02 1.0} United Gr Fund 1.62 1.69 Singapore Unit Trust united as* Fund 1.97 2.07. The Commerce 1.76 1.85 NTUC Income SfSKS 073 OV S-porc See Fund 1.07 1.12 PnrfaatM S pore lave* Fund 128 1 34 PruLink Mgd Fund 1.43 1.31
        463 words
      • Article
        Lock icon Bank of East Asia surprises analysts with 47pc jump in net profit
        299 20 Bloomberg Business News HONGKONG The Bank of East Asia. Hongkong's thirdbiggest listed bank, yesterday reported a larger-than-expected increase in net profit, prompting analysts to question whether the results were too good to be true. The Bank of East
        Bloomberg Business News  -  299 words
      • Article
        Lock icon Japan's bribery scandal claims one more victim
        335 21 Reuter TOKYO Japan's bribery and bid-rigging scandal claimed a new victim when prosecutors raided the offices of Obayashi Corp, the country's fourth biggest builder, and arrested a senior executive. Television news showed Juichi Konishi, in charge of Obayashi's branch office in Sendai, northern
        Reuter  -  335 words
      • Article, Illustration
        Lock icon Blockbuster buys 19.9pc of Virgin games unit
        190 21 FT LONDON Blockbuster Entertainment, the world's largest video rental company, has bought 19.9 per cent of Virgin Interactive Entertainment, part of Richard Branson's Virgin group. The Virgin subsidiary develops games software for the Nintendo and Sega systems, as well as for other manufacturers.
        FT  -  190 words
      • Article
        Lock icon Office software sales to boost Microsoft 2nd qtr earnings
        382 21 Reuter, FT SEATTLE Microsoft Corp is expected to post higher earnings for the fiscal second quarter that ended on Dec 31, with results boosted by strong sales for the company's latest Office application software, analysts said. Microsoft is expected to report
        Reuter,; FT  -  382 words
      • Article
        Lock icon Elf Sanofi sales rise 10.2 per cent after acquisition
        361 21 Bloomberg Business News, AFP PARIS With a strong boost from sales of perfumes and cosmetics by newly-acquired Yves St Laurent, the French pharmaceuticals and beauty products company Elf Sanofi SA said sales for 1993 rose 10.2 per cent to 23.62 billion
        Bloomberg Business News,; AFP  -  361 words
      • Article
        Lock icon Porsche's net loss is 4 times previous year's
        335 21 Reuter STUTTGART Germans sports car maker Porsche AG reported a net loss of 238.8 million deutschemark (Ss2l9 million) for the year ended July 31, 1993, nearly four times the 65.8 million mark loss the previous year. For the first half of the
        Reuter  -  335 words
      • Article
        Lock icon Nokia-HP tie-up to develop intelligent networks
        202 21 FT LONDON Nokia, the Finnish telecommunications manufacturer, has joined forces with Hewlett-Packard, the US electronics group, to develop the next generation of telecoms infrastructure. They have forged a strategic alliance to develop "intelligent network" systems. The move underlines the convergence of computing and telecoms.
        FT  -  202 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Mahathir: Bank Negara responsible for ringgit
        339 23 Bernama KUALA LUMPUR The Malaysian ringgit's movements and stability in the foreign exchange market are leff entirely to Bank Negara, Prime Minister Mahathir Mohamad said yesterday. He said importers and exporters affected by the recent volatility in the local currency, would have to work
        Bernama  -  339 words
      • Article
        Lock icon Bank may report sharper losses
        166 23 Knight-Ridder SINGAPORE Malaysia's central bank. Bank Negara, may report even sharper losses in its 1993 reserves after a shortfall of more than Ms 9 billion (555.2 billion) in 1992. The Asian Wall Street Journal yesterday cited "Bank Negara watchers" as saying any loss the bank
        Knight-Ridder  -  166 words
      • Article
        Lock icon China issues Shanghai short-term bonds to help control economy
        430 23 Reuter SHANGHAI Shanghai has launched another short-term bond product as part of financial reforms aimed at creating a money market through which the central bank can fine-tune the Chinese economy. The Shanghai Securities Exchange on Monday began trading seven-day repurchasing agreements
        Reuter  -  430 words
      • Article
        Lock icon Aussie dollar rises to 8-month high, boosting bond prices
        165 23 Bloomberg Business News SYDNEY The Australian dollar rose to an eight-month high as foreigners bid the currency up in buying related to purchases of Australian stocks, traders said. The rise in the currency drove bond prices higher. Australia's broad stock price
        Bloomberg Business News  -  165 words
      • Article
        Lock icon Tokyo bonds tumble as traders fear new issues by ministry
        331 23 Bloomberg Business News, Reuter TOKYO Japanese bond prices tumbled to the lowest price levels since the end of November in Tokyo yesterday, as concerns over bond supply coupled With reports that Japan's budgef dfeficit will rise panicked investors, traders said.
        Bloomberg Business News,; Reuter  -  331 words
      • SMALL CHANGE
        • Article
          Lock icon Bundesbank rules out forced rate cut
          72 23 Bloomberg Business News FRANKFURT The Dcutschc Bundesbank yesterday repeated that it would explore any potential for cutting leading interest rates but, as usual, refused to allow "forced" casings to stimulate the economy. Signalling a continuation of its stability oriented monetary policy, the central bank
          Bloomberg Business News  -  72 words
        • Article
          Lock icon LTCB unit to deal in Samurai bonds
          69 23 Bloomberg Business News TOKYO LTCB Securities, a securities subsidiary of the Long Term Credit Bank of Japan, will begin dealing 17 different so-called Samurai bonds in February. Samurai bonds arc yen-de-nominated bonds issued in Japan by foreign governments, institutions and corporations. LTCB Securities
          Bloomberg Business News  -  69 words
        • Article
          Lock icon KL bank to cut base rate to 7.45pc
          60 23 Bernama KUALA LUMPUR Malaysian French Bank Bcrhad will reduce its base lending rate to 7.45 per cent from 7.5 per cent from today. The bank said the reduced rate reflected the reduction in its prevailing cost of funds, adding that the present
          Bernama  -  60 words
        • Article
          Lock icon Premium income up 1pc for AMP
          63 23 Bloomberg Business News SYDNEY Australia's largest insurer, Australian Mutual Provident Society, reported a one per cent rise in worldwide premium income in 1993, The Sydney Morning Herald reported yesterday. The group's incomc fell 4 per ccnt in Australia but rose 10 per cent in
          Bloomberg Business News  -  63 words
      • Article
        Lock icon First Chicago set to continue earnings growth this year
        149 23 Reuter CHICAGO First Chicago Corp is well-positioned for continuing earnings growth in 1994. its chairman Richard Thomas said in a telephone interview. "We developed momentum in 1993 and expect it to carry forward across the board into 1994." said Mr Thomas,
        Reuter  -  149 words
      • Article
        Lock icon India allows US bank and others to set up ventures
        221 23 KnightRidder NEW DELHI The Indian government has allowed four foreign financial institutions, including Bank of America and Bank of Bahrain and Kuwait, to engage in merchant banking, lease financing, capital mobilisation and investment services here. A government official said yesterday
        Knight- Ridder  -  221 words
      • Article
        Credit Suisse sees investment opportunities in region
        314 23  -  By Paul Leo SINGAPORE The region's strong growth will create new wealth in search of investment opportunities, said Credit Suisse (CS) executive board member Hans Peter Sorg. To tap this pool of funds, CS will expand its private banking services in the region
        314 words
      • Article
        Prudential identifies key markets for expansion
        426 23  -  By Soh Tiang Keng SINGAPORE Prudential Corporation of Britain has identified Asia, the UK and US as its three key markets for development over the next 10 years. Singapore will play a vital role in its Asian expansion strategy, according to Mark Tucker, the
        426 words
      • Article, Illustration
        Billions at their fingertips, but nothing to lose
        145 23 SINGAPORE Students at the Singapore Polytechnic bought and sold millions of dollars on the forex market yesterday but they were just playing. They are among 400 people studying for a Diploma of Banking and Financial Services, which includes a training stint in
        145 words
      • Article
        Thai unit of Tat Lee Bank buying small finance firm for 194m baht
        312 23  -  From Loh Hui Yin in BANGKOK MULTI-CREDIT Corporation, a Thai finance and securities house partly owned by Singapore's Tat Lee Bank, is taking over a small finance firm to expand its own branch network. It is paying
        312 words
      • Article
        Lock icon Asian gold consumption expected to grow steadily this year
        394 24 India, Middle East and China seen as fastest-growing markets Reuter TOKYO Asia's appetite for gold in 1994 will grow steadily on firm physical demand as well as increased investor interest, lending strength to overall prices, according to regional analysts and industry
        Reuter  -  394 words
      • Article
        Lock icon Aluminium producers say output cuts must respect anti-trust laws
        289 24 Reuter BRUSSELS Several aluminium producing nations stressed yesterday that output cuts envisaged to solve a crisis of oversupply must conform with anti-trust laws. Representatives from the United States, the European Union. Russia. Canada. Australia and Norway began a two-day meeting yesterday
        Reuter  -  289 words
      • Article
        Lock icon International capital market sees surge in new-issue activity
        560 24 IHT PARIS The first two weeks of the first quarter may be an inadequate indicator, but newissue activity in the international capital market is already substantially ahead of last year's pace, which itself resulted in record quarterly volume of US$l44 billion (*****.4
        IHT  -  560 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        143 24 THE US$/majors traded in confined ranges after some attempt at sales of Deutschemark for yen overnight and purchase of sterling for Deutschemark yesterday. The USS/SS drifted lower through the day, dragged down by a softer US$/Ms. Some commercial purchases of MS in exchange for S$
        143 words
      • Article, Illustration
        Lock icon Oman, S Arabia start crucial talks to coordinate oil output cuts
        291 24 Reuter RIYADH Omani Oil Minister Said bin Ahmad al-Shan-fari began crucial talks with Saudi Oil Minister Hishain Nazer yesterday on efforts to coordinate production cuts by Opcc and other oil exporters to shore up weak oil prices. The oil
        Reuter  -  291 words
      • Article
        Lock icon Canadian firm to jointly develop zinc project in China
        204 24 Knight-Ridder WINNIPEG Asia Minerals Corp of Vancouver and China's Heibei province have agreed to jointly explore and develop the Cai-Jia-Ying zinc project in China, Asia Minerals announced yesterday. Asia Minerals can earn a 70 per cent interest in the project by
        Knight-Ridder  -  204 words
      • Article
        Lock icon Union Bank buys ailing Swiss competitor
        505 24 Bloomberg Business News ZURICH Union Bank of Switzerland, the country's largest bank, said on Monday it had offered to buy a smaller regional competitor weakened by bad and risky real estate and small commercial loans. The stock-and-cash purchase of Solothumer Handelsbank will help ÜBS
        Bloomberg Business News  -  505 words
      • Article
        London
        185 24 LONDON The dollar stood a pfennig down from earlier levels vesterday after a relatively quiet European session with the German currency still the main centre of attention. Dealers said the Bundesbank's January monthly report indicated that there was little chance of forced interest rate cuts for the German economy's
        185 words
      • Article, Illustration
        Untitled
        1616 24 inde\ calculated avain\i S pore iop 14 trading partners Base year 198f US$/S$ forward rates Noon Jan 18 SS Bid Qfli i 1-month ***** 1.609$ 2-month ***** 1.6106 3-momh 1.6101 1.6116 6-momh 1.6125 1.6145 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 11m n 1m It: Singapore dollars to one
        1,616 words
      • Article
        Lock icon New York
        78 24 AFP NEW YORK The dollar slipped against other major currencies early yesterday in quiet trading. Gold rose USS2.9O from Friday to U*****.50 an ounce. In early trading, the dollar was at 1.7510 German marks, down from 1.7550 on Monday and at 110.70 yen. down from 111.31 yen. The
        AFP  -  78 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen firmer on fresh buying interest
        1322 25 SMEX REPORT Reuter SINGAPORE Simex Euroyen interest rate futures reversed its downtrend to end firmer yesterday, bolstered by fresh buying interest from regional fund managers. Losses inflicted on Euroyen recently, due to concern the government would sell bonds in attempts to raise funds, were
        Reuter  -  1,322 words
      • Article
        KL tin surges another eight sen
        613 25 COMMODITY REPORTS Tin MALAYSIAN tin rose further to end at a new seven-month high on strong overseas demand and thin selling interest yesterday. traders said. The metal settled at MSI3.SO a kg, up eight cents. Traders said although the current uptrend is largely currencydriven,
        613 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Asian coffee producers meet
          108 25 SINGAPORE Asian coffee producers were to meet yesterday in Bangkok to discuss efforts to improve prices for the commodity, including an export retention plan, the Bisnis Indonesia newspaper said, quoting Mustafa Sulaiman of the Association of Indonesian Coffee Exporters. "We will ask them (Asian coffee producers)
          108 words
        • Article
          Jakarta importing crude palm oil
          59 25 SINGAPORE The Indonesian government is importing 100,000 tonnes of crude palm oil, and is preparing to store another 150.000 tonnes for the Ramadhan fasting month, the Bisnis Indonesia reported yesterday, quoting Food and Agriculture Minister Ibrahim Hasan. But Mr Ibrahim could not say from where
          59 words
        • Article
          Malaysia's Jan-Sep wheat imports up
          85 25 KUALA LUMPUR Malaysia's wheat imports in the January-September period were 815,198 tonnes, up from "732,699 during the year-earlier period, according to the Statistics Department. Imports in September were 155,144 tonnes, up from 75,664 in August and up from 108,366 in September 1992. The nation's corn
          85 words
        • Article
          India's aluminium output lower
          84 25 NEW DELHI India's aluminium metal output in the first nine months of the current 1993-94 (April-March) fiscal year was 347,816 tonnes, down from 365,435 tonnes in the same period a year earlier, the government said. A statement from the Ministry of Mines yesterday said only the
          84 words
    • Article
      COMMODITY PRICES
      1532 25 Rubber HAS CiwiiKy Excfcaafa (futures daslaf as at lpai) tSS 1 Caatract (S cents/kg) Close Volume Open Month High Low Sell (tonnes) Interest Feb 94 OOO 000 129.00 675 f075 Mar 131.25 131.00 131.25 725 6.000 Apr 133.00 133.00 133.00 7S 5.450 May 134.75 134.75 134.25 75 5.750
      1,532 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1148 26 -6.1 PROFIT-TAKING dampened a buoyant Australian share market yesterday, pulling it off its early highs after it soared to a new post-crash high the previous day, dealers said. By the end of the day, the key All Ordinaries index was down 6.1 points from its Monday finish at 2,232.1
        1,148 words
      • Article
        Taipei
        545 26 -178.50 Taiwan stocks closed 3 per cent lower on a late wave of heavy selling after the market failed to sustain early gains. The index, which hit an in-tra-day high of 6,179, ended 178.50 points down at 5,876.43. Turnover remained heavy at NT598.83 billion against Monday's NTS 105.02 billion.
        545 words
      • Article
        New Zealand
        266 26 +6.43 The New Zealand share market continued to climb with the NZSE-40 index closing at 2,248.40, up 6.43 points from Monday's close. Brokers said the main news of the day, the release of the December quarter consumer price index (CPI), was exactly in line with expectations and reassured
        266 words
      • Article
        Bombay
        62 26 -47.25 Stock prices soaring since early November retreated during the day's trading on a host of factors and continued to drift in after-hours kerb deals, brokers said. During the official session, stock prices fell and the Bombay Stock Exchange (BSE) 30-share index closed at 3,951.02, down 69.85 from the
        62 words
      • Article
        Manila
        619 26 +2.32 A senior bourse official vowed yesterday to force the electronic merger of the rival Philippines' stock exchanges if both parties continue to defy efforts for a unified and more profitable market this month. Eduardo De Los Angeles, president of the Philippine Stock Exchange (PSE), admitted that aside from
        619 words
      • Article
        Seoul
        421 26 +9.81 A technical rebound especially in blue-chip manufacturings and shares with low price/earnings ratios (PER) pushed the stock market up, brokers said. The composite index advanced 9.81 points to 873.06, with the manufacturing sub-in-dex gaining 15.68 points to 1,001.21. "Institutional investors eagerly hunted bargains in blue chips, prompting individuals
        421 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        767 26 Britannia Funds Sterling Cask Bid Offer Mm Cap Dcpoul 11*400 M6W0 Mim Jene» (nil 01 *9} 0 IW2 Mini Mai laconic ****** *1 1200 USKCMh Income Plus Fund 10 7400 11 3100 PS S Rntne Fund 5 2400 5 2500 Sterling Emity Euro Performance .0.4542 0 49M Far Eau Fund
        767 words
      • Article
        London
        638 26 +29.2 UK equities finished higher for the third consecutive session yesterday. Dealers said robust FTSE futures and continued stock shortages, especially in second-liners, pushed the FTSE 100 index up 29.2 points to 3,437.0 by the official 1630 GMT The FTSE Mid-250 index rose 64.5 points to 4,013.3, a new
        638 words
      • Article
        Stockholm
        125 26 -0.17 pc Swedish banks and other financial closed higher on speculation the Riksbank will cut its key marginal interest rate tomorrow. Other shares ended mixed after early profit-taking after Monday's record highs. The all-share index fell 0.17 per cent to 1,524.37 in high turnover of 3.58 billion crowns. The
        125 words
      • Article
        Frankfurt
        221 26 •23.45 German share priccs arc expected to drift lower this week after selling by foreign funds pushed the DAX index 1.10 per cent lower yesterday. The DAX index of 30 leading German shares closed at 2,113.84, down 23.45 points from the previous DAX close and down 1.72 points from
        221 words
      • Article
        Milan
        126 26 -o.Blpc Stocks slipped in nervous profit-taking after Monday's steep rise and brokers expect a further easing today. But the room for losses was seen limited, with the underlying tone still good. The Mibtel index ended down 0.81 per cent at 9,827 yesterday. Montedison ordinary cased around 1.4 per cent
        126 words
      • Article
        Amsterdam
        242 26 +2.23 Dutch shares ended mixed with the AEX index lifted by isolated gainers after a fairly thin, professionaldominated session came increasingly under the influence of Friday's approaching options series expiry. The AEX index closed up 2.23 points at 425.16, near its session high. Advancing components only just outnumbered losers
        242 words
      • Article
        Zurich
        245 26 +16.57 Swiss shares ended near the day's high after being pushed up by firm chemicals. Dealers said the firm Swiss franc and a recovery in Frankfurt after-bourse trading helped Swiss shares. Swiss Re registered shares, the most active stock, ended six francs firmer at 696. The all-share SPI rose
        245 words
      • Article
        Brussels
        172 26 +14.14 The Brussels bourse closed nearly one per cent higher on strong volume as the market speculated on rate cuts in Germany, Belgium and the Netherlands and investors switched funds out of cash accounts and bonds and into cyclical stocks. The Bel-20 index closed 14.14 points or 0.96 per
        172 words
      • Article
        Johannesburg
        338 26 -2 South African shares continued to struggle for direction yesterday amid conccrn that foreigners were set to abandon their recent flirtation with local stocks at least in the short term. Dealers said the market, which has been mostly unsupported by local institutions recently, was likely to track foreign investor
        338 words
      • Article
        Toronto
        310 26 +7.66 Toronto stocks continued to climb into record territory early yesterday but traders expected the pace to be slower after Monday's sharp run-up. The TSE 300 composite index firmed 7.66 points to 4,551.90 in heavy morning turnover of 12.98 million shares valued at Csl62 million. Advancing shares outpaced declines
        310 words
      • Article
        New York
        699 26 +3.09 The Dow Jones industrial average, which edged up 3.09 points to a new all-time high of 3,870.29 on Monday, was ahead 2.54 points to 3,872.83 at 11 am EST yesterday. The key barometer was down about 4 points earlier. The New York Stock Exchange composite index was
        699 words
    • Article, Illustration
      Lock icon HONGKONG
      2771 27 Reuter HONGKONG Stocks ended sharply higher on a Sino-US textile accord and anticipation of strong corporate results, though profit-taking dragged prices off their peaks, brokers said. The Hang Seng Index ended 224.77 points or 2.08 per cent up at 11,017.69 points, but off a late-afternoon high of 11,218.24. "There
      Reuter; Source: Bridge Info  -  2,771 words
    • Article, Illustration
      CHINA
      496 27 THE CLSA Shanghai B Index closed down 11.81 points at 1,052.95. Sewing Machine, on its debut, soared 62 per cent from its IPO price on heavy turnover of US$B million. Dajiang dipped 6.0 per cent whilst Sanmao and Rubber Belt went against the trend rising 7.1 and 5.1 per
      496 words
    • Article, Illustration
      Lock icon TOKYO
      2426 27 Reuter TOKYO Stocks closed lower in lacklustre trade on selling by Japanese institutional investors ahead of their March book closings, brokers said. Arbitrage-linked selling and stop-loss selling accelerated the fall late in the afternoon, they said. But foreigners kept buying shares of JR East and NTT as well as
      Reuter; Source: Bridge Info  -  2,426 words
    • Article, Illustration
      Lock icon BANGKOK
      1643 27 Reuter BANGKOK The SET index edged up 2.92 points to end at 1,477.03 after fluctuating in quiet trade as investors consolidated their positions after recent losses, brokers said. Turnover was 11.8 billion baht. Rises led falls by 160 to 109, with 67 issues unchanged. "This is healthy movement. The
      Reuter; Source: Bridge Info  -  1,643 words
    • Article, Illustration
      Lock icon JAKARTA
      1125 27 Reuter JAKARTA Share prices closed higher in moderate trade yesterday with newcomer Mulia Industrindo heavily sought, brokers said. The Composite Index ended 4.85 points up at 592.01. "It's been a solid day with sustained buying, especially on Mulia Industrindo. although foreign investors are still fairly quiet." one local broker
      Reuter; Source: Bridge Info  -  1,125 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2581 28 Source: Bridge Info Source: Bridge Info jl Ul. gg Tan Chonf 50c 9.993.000 Fiber Group 6.177.000 Promet 6.821.000 FACB 50c 5.761.000 AMDB 50C 5.662.000 Kamundnf 50c 5.165.000 Rcnonc Bhd 50c 4.821.000 KL Industries 4.390.000 Idris Hyd 50c 4.376.000 Mctropte* 50c J.557.000 1GB Corpn 50c 2.193.000 Metropieji TSR 2.588.000
      Source: Bridge Info  -  2,581 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Untitled
        5244 28 Source: Bridge Info Claw PiiiIii Cfcaagt K.LSE Composite 1110.22 1104.14 +6.M NST Industrial ....5551.45 5497.32 54.13 NST Finance 8920.47 IU2.il +37.66 NST Properties 2521.14 2520.62 +0.52 NST Mining 2815.96 2159.20 26.76 TnMr(1N) Total volume 22I.J70 317.773 -96.203 Total val (MS) i »J.m I.M3.M4 -sm.m* Consumer Prod i».7» 3i»J Industrials Prod
        Source: Bridge Info  -  5,244 words
      • Article
        Lock icon Prices end higher in cautious bargain hunting
        278 28 Bernama KUALA LUMPUR Share prires here closed slightly higher yesterday, aided by bargain-hunting in the afternoon amid cautious sentiment. The Emas Index of all main board shares rebounded from the day's low of 321.80 set in the morning to close at 329.46, up
        Bernama  -  278 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        6856 29 [MMH—MP Gr Cr 1991/94 Last Vol Day Uat Q«ote W» Dt» YM Net M Cmj Hick Law Coapaay Sale COOO) High Low Bayer Sdler CV P/E M INDUSTRIAL AND COMMERCIAL 1440 260 I Acma 1330 -10 282 1340 1320 1320 1330 12.3 2.1 0.9 57.6 916.7 700 220 I s
        6,856 words
      • Article, Illustration
        Lock icon Volume low as firms place trading restrictions
        1716 30  -  By R Sivanithy SINGAPORE Share prices firmed slightly yesterday on relatively low volume, as the combined effects of last week's plunge and increasing restrictions on trading continued to put a dampener on sentiment. "It looks like many people have decided to start their
        Source: Bridge Info  -  1,716 words
      • Article, Illustration
        G K Goh
        141 30  -  By Quak Hiang Whai GK GOH saw some heavy selling yesterday and closed 12 cents lower at $2.62. The short-term charts show it has limited downside from here, probably no more than to $2.50 where some buying should come in again. The daily RSI is already near
        141 words
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      193 19 THE MONETARY AUTHORITY OF SINGAPORE AMOUNT OFFERED SGDBSOMO H ISSUE COOE N*****0V H ISSUE DATE 1 FEBRUARY 1994 H H MATURITY DATE 1 FEBRUARY 1999 H H INTEREST RATE TOBEDETERMMEDBASEDONTHE I H AVERAGE YELD OF SUCCESSFUL APPLICATIONS H PRICE TO BE DETERMINED AT THE AUCTION H B INTEREST PAYMENT DATES
      193 words
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      337 20 BUSINESS X I M E S TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 OFFICIAL NOTICE^ We, Syabas Tankers Private Limited of 10 Aneon Road, #30*07 International Plaza, Singapore 0207, hereby giva notice that in consequence of the ship hereinafter named, we have applied to the Registrar of Singapore Ships, undei Section 366
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      Page 20 Advertisements Column 2
      6 20 Dividends table has been held over
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      104 21 f*4S£ft£' «&w# x a k H famous traveller described her treasures as "so splendid, Myanmar Airways International. Everything about us is. new. so costly, and when they are lighted up they are visible New name. New aircraft. New international flight crew. And, The New Why To Hn Hncient Lund i
      104 words
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      Page 23 Advertisements Column 1
      76 23 nisncoroi March 2-3,1994 Raffles City Convention Centre, Singapore The only Southeast Asian exhibition and technical conference devoted exclusively to the disk drive manufacturing industry returns on March 2-3. Don't miss this opportunity to see a broad range of U.S. and Asian compenies exhibiting products and services designed specifically for the
      76 words
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      451 25 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-7*l-1 >63 FAX:7«I-f IN THE MATTES OF THE COMPANIES ACT, CAP. 5# AND IN THE MATTES OF ROSE REALTY A INVESTMENT CO. PTE LTD (In U^inlw) At an Extraordinary General Meeting of the members of the Company held at die registered office of the Company
      451 words
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      Page 25 Advertisements Column 2
      38 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead W 1 offers n= the most Bs current t list o/ job ■F opportunities IP oiHiilobl«- i o
      38 words
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      32 words
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      73 27 Yes, get instant cash at low, low for your shares for 1,2 or 3 months Period IntBfBit rates with our Express Share Loan, Wato* f rom as j ow 0.7%. Call toll-free exclusively from Hong Leong 1 month at 1800-223 0936/1800-*****98 Finance and Singapore Finance. 2 months or visit us
      73 words
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      59 28 THE FIRST REGIONAL CHINA FUND AVAILABLE AT CITIBANK. With as little as S$ 10,000. now anyone can participate in China's developing economy. So to find out more, just call our 24-Hour CitiPhone Banking on (1800) 225-5225. CITIBAN<O KH CREDIT LYONNAIS Cali CniPnost Basking 1180 0 I 22 5-5 22 5
      59 words
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      65 29 Mondial Takes a Sbine to Ann To add sparkle to your portfolio, come to the dazzling new Mondial Showroom. Mondial Now NgeeAnn City For all your internationally certified G.I A, HJLD and I.GJ diamonds, emeralds and other gemstones. WKISmmM NEWSHOWXXM.MmIUNr.Amai, m tMW*>M Smptpon 0923. Tkt *****34 Ktc 732 3H2. PORTSHOTS
      65 words
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      1220 30 TOLL-FREE TEL. No. 1-800-741-1883 FAX.74I-1298 I NOTICE IS HEREBY GIVEN I. Ang Bag Choon of Bk 145. Biahan Si 11 **-91, Singapore 2057, hare n*ed for a Puttie Howe Id dm Extended Licence in reaped of paeaaaea d M/S THE W ALL LOUNGE d 14, Scotlsßd Far EadPlam #0507/04, Singapore
      1,220 words
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      Page 30 Advertisements Column 2
      349 30 BROKERS' STOCK PICKS NOTICE IS HEREBY GIVEN tat, I. Aag Lai Hual of 97 Telak Kmu Lor H, Singapore 1542, have appbedfora Fir* Clan Beer House licence ia roped Road, Singapore l44l.ari*<iwarpfc<inßwibe heard in Coon Na 1. SubonhnMe Cants, Havdock Road. Singapore ca 23 March 1994 at lOJOton. ANY PHtSON
      349 words
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  • Shipping Times
    • Article
      Ang Sin Liu yard wins case against Straits Engineers
      360 31  -  By Dexter Lee SINGAPORE Local shipbuilder Ang Sin Liu Shipyard has won a court case that threatened to scuttle delivery of two barges to an Indonesian customer. The yard has obtained a court order to set aside an injunction served by
      360 words
    • Article
      Lock icon Port Klang to plan terminal for cruise ships
      184 31 Bernama PORT KLANG A terminal for cruise ships may be built at the West Port here to support the tourism industry, Transport Minister Dr Ling Liong Sik said yesterday. He said the Port Klang Authority (LPK) had been asked to prepare plans
      Bernama  -  184 words
    • Article, Illustration
      Lock icon S Korea is world's top ship exporter
      290 31 Reuter TOKYO South Korea overtook Japan as the world's number one ship exporter in calendar 1993, the Japan Ship Exporters' Association said yesterday. While foreign ship orders at Japanese shipyards nearly doubled to 6.04 million gross registered tons (grt) for 165 vessels in
      Reuter  -  290 words
    • Article
      Lock icon TAA westbound cargo up 20pc: EC
      581 31 But carrier group says European Commission's calculations are misleading Lloyd's List LONDON Transatlantic cargo volumes westbound from Europe to the US grew by 20 per cent during the first three quarters of last year, according to European Commission (EC) calculations based on figures issued
      Lloyd's List  -  581 words
    • Article
      Lock icon Port Klang launches pilot EDI network
      270 31 MBT KUALA LUMPUR Shipping agencies and forwarders in Port Klang no longer have to face mountains of paperwork. Yesterday, the pilot Port Klang Community System (PKCS) was launched. With the system, trade documentation can be carried out at the push of just a few
      MBT  -  270 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        550 32 Hn* fcyH» Mr* fciM Dapartu" Vm* ley Ha fcrft *H»«I PBptrtwt Imm Port *«1 Htoil47 1/94A POIA 1901/0900 1101/1900 JTimJI a/3 19.01/0900 Amti 001 Ml* 19.01/0900 2001/2000 Bad) Dw 1/9* 12 Mi 19.01/0000 Sum Send3 *****' POIA 18.01/1900 1101/2100 imm 01/05/9* 19 MpM 19.01/2300 BUM S«wl3 ******
        550 words
      • Article
        CONTAINER SCHEDULES
        1408 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO RECEIVING! of export fcl containers AND La CARCO Rtcord Bootini/Baianct Rdts 9# Voy No Etb/Btr Poriod From To From taL* 0456 21/2000 J 19/0700 19/1159 19/1*00 4 19/1200 19/1459 19/1700 SSTSCm ioi* i57iioo i 18/1500 xi7T555 18/1900 m VWorj SM
        1,408 words
    • Article
      THE SHIPPING GUIDE
      15298 40 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. LEfIOID PN: ship calls at Pcnang after
      15,298 words
    • Article
      DAILY FREIGHTS
      953 47 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1,242 on Monday from 1,240 on Jan 14. FIXTURES Tanker Business was slow in all sectors of the tanker market, brokers said. UK Shipbrokers EA Gibson said in its latest tanker report "the current rate for
      953 words
    • Article, Illustration
      Lock icon Channel v Chunnel: fight for customers begins
      2003 48  -  The Channel Tunnel will open in March. How will the new rival affect the ferry business? David Mott reports David Mott Lloyd's List ANYONE who has followed the Channel Tunnel project over the past seven or eight years will, in retrospect, see its
      Lloyd's List  -  2,003 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Pratt & Whitney leads in bid for JAL's engine order
        415 50 Pratt Whitney leads in bid for JAL's engine order Reuter TOKYO Pratt Whitney (P&W) appears to be the top contender in a competition for Japan's last big airplane engine order this century, with General Electric Co (GE) close behind, businessmen and analysts said on Monday. Japan Airlines Co Ltd (JAL)
        Reuter  -  415 words
      • Article
        Lock icon JAL's revamp plan not drastic enough, say analysts
        423 50 Reuter TOKYO Japan Airlines Co Ltd (JAL) unveiled plans yesterday to slash staff and capital spending but industry analysts warned it would not be enough to drag Japan's major airline out of its current misery. JAL announced a restructuring plan covering four
        Reuter  -  423 words
      • Article
        Lock icon Talks with Lufthansa still on: Austrian Airlines
        129 50 Reuter VIENNA A spokesman for Austrian Airlines AG denied a report in Tuesday's edition of the Austrian daily Kurier that talks on cooperation with Deutsche Lufthansa AG were about to collapse. "Talks are going on constantly, without agreement being reached in all questions,"
        Reuter  -  129 words
      • Article
        Lock icon Subsidies for German aerospace industry urged
        284 50 FT BONN Germany's crisis-hit aerospace industry on Monday called on the Bonn government to draw up an emergency subsidy programme to enable the sector to survive and compete with US and Asian manufacturers. At a meeting near Bonn. 300 industry leaders spelt out a
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        Lock icon Air NZ doing well in depressed industry
        577 50 Reuter WELLINGTON While the world aviation industry grapples with overcapacity and heavy discounting. Air New Zealand Ltd has been tipped by brokers as being among a handful of local stocks most likely to perform well this year. The stock is currently trading at
        Reuter  -  577 words
      • Article
        INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
        1123 50 Page Col ABC Containerize 12 1 Accord Group 8 1-3 Africa Container 16 S Ahrenkiel Liner 4 1/2 AOE Shpg IS 4/5 ANL 3 1/2 APL 5 3-5 Appenship 18 3/4 Arabian Express IS 5 ASCL 5 5 ASXCL Shpg IS 2 Avant
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1714 50 cxy f—t n* no Afca PfcaM 0K510 1800 0K511 2305 kitMil SQ227 2030 Hmmm RJ182 1440 RJ183 2205 SQ319 0810 SQ324 2230 KL831 1030 KL832 2335 GA895 1450 NZ21 1710 NZ22 1825 SQ288 2035 SQ285 2045 Mwhl GF149 0645 B Sari Bagawaa B1421 1105 SQI82 0915
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  • Page 31 Advertisements
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      269 31 Drager SAFETY EQUIPMENT j (SOLAS APPROVED) PA9O MARINE WHttt For Mjcitimt Application Jii HIGH QUALITY HIGH PUtrOR.MA.NCE HIGHLY AfVOftDABLK Draeger South East Asia Pte Ltd 67 Ayer Rajah Crescent #06-03 Singapore OS 13 Tel: 773 2133 Fa*: 773 2033 Tl*: RS ***** DWSING Channel v ChunneL, Page 18 t Pratt
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      581 31 VISA FREIGHT SERVICES PTE I TO I 1^ THE TOTAL TR-\ N STORTATIO>: IT.OiT.i: u 1800 *****66 6TH singapobe international BUNKERING CONFERENCE 22-24 March 1994 World Trade Centre S I B C O N '94 Singapore With "Bunkering An Era of Breakthroughs" as its theme, the Singapore International Bunkering Conference
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      353 32 TBKUNE AGENCES (S) PTE. LTD. fflBM T«S«K. I,INF y— *M -T Tlx-RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I I >C» LIT 0431 **1711 **1101 1101 tl.ll 25.11 2711 UK till 1-1 IM2 j *g mn mob i».»i *21.11 mi mi aw 3i.oi HO2 wk om» w.m c
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      991 32 ipriiTTTTiyiTTl id 211 rn.mimairvH.xn is i M HBH fl[fl JBB ||ggg ta vnn mim 11 1 81 KPTUK CRWTAI vlt U 132 14.2 171 MJ 212 MB MOOT MO* MM HOMMN IWIMMCI BMH MM I MNU«I «a omst voaa 211 2tt californk hemks v 44 11.2 202 H2 20 2)2
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      2211 33 w,WMa AoeMe DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) JJSJ*!!'® T f^S£J//iJ*-??/!? 1 CFS TEL *****8 KMPTMJ.. BOOKINGS TEL: *****80 *****81/ *****82 •«»ITEL: WNM *****6 CFS (PSA F5) TEL: *****21/ *****79 TEL *****2/3 FAX *****4» (0PN5) CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR BAHRU TEL: 07-*****0 FAX: 07-*****9 m QP NUMBER' **********0 C Dedicated
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      1893 33 ■UWiHiHIIWI* U. S. A. /CANADA NEXT AVAILABLE SAILINGS SL EXPRESS V.204E ETA SIN 24TH JAN 94 MAGELBY MAERSK V.9402 ETA SIN 25TH JAN 94 LUNA MAERSK V.9404 ETA SIN 26TH JAN 94 VMMt Voy ETA ETD FmMt by DESTINATIONS tim «Mk maqleby maersk VMO3 if CV 25/01 0800 MRS ■■■■■■■■■■[BHIIMHHMH
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      1568 34 AQABA R OAM/ H ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA FRANKFURT EXPRESS 71/102 23/1 9/2 12/2 10/2 Port Kfrtang. Penaog LEVERKUSEN EXPRESS 16/302 22/1 31/1 6/2 9/2 12/2 14/2 16/2 Pa*ir Gudang KATSURAOI 19/103 26/1 12/2 15/2
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      579 34 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for aH services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kitv, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea o Vietnam a Mongolia a Hungary CSFR a Poland FULL CONTAINER StRVK* TO NORTH/WEST AFRICA FEEDER VESSEL ETA SIN NED
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      921 34 I NORASW WEEKLY BMWICE WITH FIXED DAY SAILING IQ LA SPEZIA. FOS. BARCELONA. VALENCIA S-PME KKML AfiElT: NOMSIA AGENCIES (S) PTE LTD ALSO AOOPTMG LCL TO: Til: 473M13 FAX: *****88 VIMCI/TIKSTE/JMCOfIA/AIEXANORIA/POtT «<»«. co ltd tel. MMMMOMfIMHWOMCBOM 0 MUM NOOONESIA AGENT PT NALUAOO SELATAN NUSANTARA TEL: 0012X70 (JAK) ImUYWA AOCNT CE9BENLAOOO
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      1809 35 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang toad #11-01 Keppal Towers Singapore 0200 Tel: *****00 Fax: *****17 NEW GUINEA PACIFIC LINE ■HlHiaMlBßMijiilMllliil|(f|||g|gu)y||gß jgrragg <a service of china navigation co> CMfiC) TS DUE SM.S STRUTS VENTURE VO2E Muau Lab. Rch X«-19 Jan 19 lan 21 lan FC t, LCI CONTAMCR
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      Page 35 Advertisements Column 2
      2700 35 m SINGAPORE AGENT: PAO Containers (Singapore Agencies) Pte Ltd I iml W 111 gjk 1 I d 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 w w Tei; 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT VESSEL VOT -PMO *PKQ MM ALO
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      550 36 i|K EKA JAYA AGENCIES >aijr TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MYAWMAII TIIADg PAPER I HANDPHONE/CHIttCT WILLIAM WIE 2HM2» 7M020«/53»5532 iinni mm MO CM |—1 CITY HtMBY HOC *****24 727HW/M4IW kilviw chaw una >wm/wan ►TO MYANMAR/YANQON SUM CONTAINER SERVICE |*j|jjjjjj|7 M OCEANLINES wt/w sratE TBN 30/1
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      Page 36 Advertisements Column 2
      1704 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****21-233 DOCUMENT TEL: *****71-275 FM VSI SM lUK HAUL SEA Y¥R POX FOB VS. SM |UM HAUL SAY R.M NTC HANJM HONGKONG 04X 21/1 OMECI 10/2 11/2 12/2 HANRN HONGKONG 043E 21/1 M. ASM 014E 24/2 25/2 27/2 HANAN SEATTLE
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      1445 36 f j H-TH-TTTT^ I Ml MP Ks£ MIC lit N1 111 09 Kf Ml ITO LU CHS Ml RTC Utt MM KM W IM PS CM m I C MOI H 044 1»/1 71/1 25/1 24/1 21/1 31/1 1/2 3/2 1/2 4/2 5/2 17/2 2/3 4/3 VJ 15/3 14/3 17/3
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      2471 37 y II PLEASE CALL II I t**r II NEPTUNELINK 1800 *****00 (TOLL-FREE) H II 533 JmUII FOR THE FOLLOWING INFORMATION: II HI VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ II II FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ AVAILABILITY OF DOCUMENTS FOR COLLECTION EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US QULF MIDWEST
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      Page 37 Advertisements Column 2
      1139 37 A MULTILINE SHIPPING PTE LTD ■V (a member of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31. *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL: 03-*****75/697 PKLG:
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      1643 38 44 AS AGENTS: "I" LRE (SMAPOK) PTI LTD (CM Mo: Q*****0000M) TEL: *****77 TELEX KAWAKI R*****5 FAX *****16/7/8/9 T T MALAYSIA "K" LINE MAJKTIMI (MALAYSIA) SON BHO U M TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I INDONESIA: P.T. SAMOA LAUTINTUNUSA. TEL: JKT *****08 S&mm south-west
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      Page 38 Advertisements Column 2
      989 38 PHI LI-OH If NT LI MS PT€ LTD r" 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION I AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 20 JAN SYDNEY. MELBOURNE. BRISBANE, FREMANTLE 26 JAN AUCKLAND. WELLINGTON. LYTTLETON. NEW
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      1010 39 PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I I CRNaiOOeO67OOOOE| VESSEL VOV SIN BKK SIN VESSEL VOV SIN JKT MN Ir.L.. rT, EQUATOR RUBY vm 10/1 22/1 20/1 SRISAMUT (THAI FLAG) SMO3N 11/1 22/1 21/1 MAJAPAHIT 4121 22/1 22/1 20/1 EQUATOR EMERALD 24N
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      1359 39 VESSELS VOT M HAMBURG ROTTERDAM ANTWERP THUIK LE HARVE VB.LE H VESTA 7431W 20/01 12/0? 14/02 15/02 lt/02 17/02 VR.LE PE TIT MO 0331W 27/01 10/02 21/02 22/02 23/02 24/02 ADAM mmm 7i32w 04/02 27/02 01/03 02/03 03/03 04/04 TOKYO inmss r>3r* __w/02__ 04/03 ot/03 07/03 q«/03 10/03 •ALSO ACCEPTBNa
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      Page 39 Advertisements Column 3
      399 39 BSA it. M MYANMA wHBk FIVE STAR UWE (Myanmar National Line) Loading for Yanfon (Rangoon) Spore PJUf Pen P.Gdf HPAAN VI99W 24/2 C lan 21/23 l« MA VI27W to Port PAGAN V2OSN 24/27 lan MALAYSIA AGENTS BOUSTEAD SMPPMG AGENCCS KUI TEL *****7300 PAL. TEL *3-3(1(7(7 PE* TEL 04 (1(135 PSD:
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      85 41 MARITIME INSPECTION CORPORATION Naval Architects/Marine Engineers/Marine Surveyors, established in 1967, more than 20 yean experience in international ships' registries. Specialise in: Ship registration under open registry countries Offshore business company formation Statutory survey w>d issuing of mandatory Load line, SOLAS, MARPOL Certificates on behalf of the Governments of several open
      85 words
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      2879 42 pncr/i SUKAWtrSQOIiKAL A6EMTS MALAYSIA'S AS£KTS cosTAt sm« fir ltp £5S£ e »2t!5Z' e Si iim CONTAINER MSer'" wa^o sl Ssisr2fSLS %2«ss MM UHL 229 1999 MakUm Nrt T T\TT?C m—fcznii?? h—m—tistti I I H N Mj2WIH2 mnmswsKEMTs FAX HO: 22S 1966 (MAW 226 2299 (SALES) P T 6Mtf Pirtri Mmcsu
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      661 43 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 24/1 FEIIXSTOWE/UK 19/1 BARCELONA/SPAIN 20/1 LEHAVRE/FRANCE 19/1 GENOA/ITALY 24/1 ANTWERP/BELGIUM 24/1 LOS ANGELES/WC/IPI 23/1 SYDNEY/MELBOURNE 19/1 NEW YORK/EC 23/1 FREMANTLE/ADELAIDE 22/1 VANCOUVER 19/1 BRISBANE 20/1
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      1028 43 1 YEBBCL T I IvtMCt I VOY I SIN FCW H chaiy* bhum fh 21/1 tw »/i mmoA ttnfm 4on tin I 20/1 m 22/1 Bfjl VESSEL VOY WW BKK BHATWA BHUM 13S Sot 22/1 Wod 28/1 THANA BHUM UN ~Fri~ "tt/T tot 22/1 K| MAHA BHUM 182N Tbu 28/1
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      656 43 Guaranteed Sailings to: BANGKOK *LAEM CHABANG JAKARTA PORT KELANGj •HO CHI MINH MANILA CEBU SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINATIONS I^Hs3K!mE!sns3E*^^ UTEL: *****33 (12 UnM) FAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 UnM) jS\ ETHIOPIAN SHIPPING LINES (National Lines ot Ethiopia) ACCEPTING
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      1524 44 mjmMH CONTAINER LINES I ?Kr/VvHAg«ltK MAC-MILS SPORE: *****22 (24 LINES) 'cmmtmmmmm SIBU (064) *****9 KUCHINQ (062) *****3 PENANGfc (04) *****6 BANGKOK (062) *****67 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 1 HKG/TWN/BKK I GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 21/1 22/1 23/1
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      107 44 INDOJAYA BFHPPINO THADWIQ PTE LTD vnni cta/eto destination i NmM I 29-30 Jam Jrtirti/PtlwibMg i Pinang Jaya 17-10 Jan Jakarta/Palamtoang Partta Intan 21-22 Jan Jakarta/Patamtoang Maalayo 24-29 Jan Jakarta/Patambang Nantai H 27-29 Jan Jakarta/Prtawbang i Waaian 29-90 Jan Parawan/JamM/ Pakan Oaru Wakaka 19-20 Jan furabaya/faniarang Partta Jaya 19-19 Jan CHagan/CNacap
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      179 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA EU vm rati uuuk rows am hk 15/2 iMtof tor Mate ONVAI HUDHU 3/2 Oschatprg jnd Loadut tor Bon bay DOinON 30/1 load.ni For M* flora sumc 10/2 loKJirj for MM iimn 25/ i lojdtcj For Mm HKXKSS UKtTT 10/
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      Page 44 Advertisements Column 4
      1049 44 THONG SOON UNES PTE LTD 1 I CITrN 78 SHEmolt WAY SINGAPORE 0207 I I V \y TEL: 227-508$ FAX: 227-6011 I TLX: RS ***** CARRO, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK rosa m Is'pore Idest vessel Imr Istme Ibcst EQUATOR JADE 101/4E 22 JAN KUCHING EQUATOR
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      742 45 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAKBU.iI/SOC CARGOES TO/FROM KOBE. YOKOHAMA, NAGOYA. MM. TOKYO*. MANLA*. DAVAO*. P«un(* P. Kelani Sm apore E'Msia* IVYEVERETT V7E 25/26 Jan KARABEVERETT VISE 31/01 Ftb 02/03 Feb 07/08 Fefc KAMALEVERETT VI9E 14/15 Feb 16/17 Feb ACCEPTBIG BREAKBU.K/FCI/SOC CMGOCS TO/FtON CMTTAGONG. CALCUTTA WO MONGLA*.
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      396 45 QL GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SaATAN VI 29/1 1/2 7/2 16/1 GLORY SELATAN IX 24/1 27/1 2/2 10/1 SP PKL HCM HK KAO GLORY SELATAN V 27/1 1/2
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      Page 45 Advertisements Column 3
      520 45 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE vtssn vot I zm *m*cm «MMM> IW-HW 03/02 12/02 KAGHAN 104-HVI 12/02 22/02 MAKKAN 145-HW IX/03 M/ 03 agon 130-ww 13/03 22/03 FAR EAST CONTAINER SERVICE ONLY VtSStL VOT MT" HKG OSA KM TON jjWBMjl 12< OW 14/02 18/02 25/02
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      471 45 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/ P. ELIZABETH VESSCL SM DURBAN P ELIZABETH XAN HE/80 26/01 09/02 27/02 MOIHE/102 11/02 24/02 14/03 VI HE/SB 2S/02 08/02 27/02 ACCEPTS CARGO TO KMANNESBURG PRETORIA VIA DURBAN BOOMING AGENT FOR COSCO SIN TO MADRAS VESSEL SM MDS SM TIGER BRIDGE V 281N
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      206 45 SIN FAI EAST 25/01 KEELUNG/KAOHSIUNG 22/01 BANGKOK 23/01 MANILA/CEBU 23/01 JAKARTA/BELAWAN/SURABAYA 24/01 PORT KELANG/PENANG/E. MALAYSIA 21/01 BUSAN 22/01 TOKYO/YOKO/KOBE/NGO/OSA 21/01 HONG KONG china 21/01 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XiAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EWOPE/BK 24/01 LDN/FLX/LVP/SOU 24/01 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romama/Poland/Bulgaria/Czech. SIN USA/CANADA 23/01 LOS ANGELES/NEW YORK
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      737 46 HONG KONG/CHINA 19/01/94 JAKARTA 22/01/94 BANGKOK 19/01/94 MANILA 23/01/94 BUSAN 19/01/94 KEELUN6 25/01/94 TOKYO/KOBE 23/01/94 KAOSHIUN6 22/01/94 PORT KELAN6/PENANG 24/01/94 YOKOHAMA COLOMBO 26/01 FELIXSTOWE/HAMBURG 24/01/94 MADRAS 20/01 ROnERDAM/LE HARVE/ANTWERP 24/01/94 BOMBAY/KARACHI 24/01 BARCELONA. MARSEILLES. 6ENOA 24/01/94 CHITTA6ON6 23/01 LAX/NYC 23/01/94 SYDNEY/MELBOURNE 20/01/94 CMT LINER EXPRESS AGENCIES PTE LTD HOT-LINE 22-007-22
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      298 46 y Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 26TH JANUARY (Accepting lo aM Nm Zealand port*) PENAN6 28 JAN JAKARTA 23 JAN PORT KLANG 28 JAN BANGKOK 23 JAN HONGKONG 23 JAN KEELUNG 29 JAN MELBOURNE 28 JAN SYDNEY 28 JAN FRHRANTLE 31 JAN RRISRANE 28 JAN I^GOTErurg^^jSTal^^^^l •ACCEPTING
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      Page 46 Advertisements Column 3
      579 46 This Week's Sailings r tu ssr NU I Toi ETD To: ETD M Singapore Singapore 'SO 9002 BY lrqa EVERY EVERY Bangkok SUN Jakarta SUN EVERY EVERY Manila SUN Ho Chi Minh FRI (J ID) EVERY EVERY Colombo TUE Limassol THUR LJBB-Jl INTERNATIONAL SEA FREKHT FORtMROMC Tel: Fax: LOGISTICS SERVICES
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      Page 46 Advertisements Column 4
      136 46 0 NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: I TOKYO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHVNEW YORK/ CHICAGO/SY DNEY/MELBOURNE/HAMBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI. SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart
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      1576 47 I _i|M JJ_ CRYSTAL FREIGHT SERVICES PTE LTD fl, mm TEL NO: *****88/*****88 FAX: *****88 w Asuiwm mmnkum/iMTUL\A eubopi ranakok 99/1 AUCKLAND 26/1 ANTWERP 24/1 RUSAN 24/1 ADELAIDE 3/2 FELIXSTOWE 22/1 MAMA KHNA 99/1 BRISBANE 3/2 HAMBURG 24/1 JAKARTA 99/1 FREMANTLE 21/1 ROTTERDAM 24/1 SURABAYA 2S/1 MELBOURNE 28/1 SEEWSQ* 11/!
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      173 47 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 JR 1.3 1J 2.3 2.5 2.5 2.4 2.0 1.6 1.3 1.0 1.0 1.1 1.4 1J 2.1 2.3 2.3 2.1 1.1
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      Page 47 Miscellaneous Column 2
      110 47 UMNft R Thundarstorm V Shower Woalhor Wind droction OTlh tp**d VI knots j Gouty Sky O On. M wdt raprosants calm or i 0« and «artaM» aMi On* half Ibdw miiwmli 5 knots I L* Ono M fcdw roproionu 10 knots On* sold tnongk raprosonts 50 knots Wo»o hagtot m
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      Page 48 Advertisements Column 1
      421 48 j. VIGOUR PACIFIC LINES VESSEL VOYAGE SINGAPORE MANR.A VIGOUR SINGAPORE 9404N 21/01/94 29/01/94 mm SINGAPORE 9404 AN 24/01/94 29/01/94 VIGOUR PACfIC 9405N 28/01/94 05/02/94 FtDAY AND MONDAY ICOUB POfrr VESSEL VOYAGE SINGAPORE PORT KLAN6 PENANG SINGAPORE VIGOUR SINGAPORE 9404N 21/01/94 23/01/94 24/01/94 PENANG JAYA 828 24/01/94 25/01/94 27/01/94 VIGOUR PACIFIC
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      395 48 ®APPENSHIP HAMBURG vTvy CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA ANO FAR EAST KSSIS LOADMG PORTS OBCNMGE/LOMMG FOR FORUM WIND PORT SAIO 1.1.M SPORE 19/01 BKK 24/01 WW* MEftAMTI SPORE 22/01 LORELEY PORT SAIO 29.12.93 SPORE 22/01 BKK 23/01 KOALA CONTAINER LINE STORE FIX HAM ROT l£H DKK
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      Page 48 Advertisements Column 3
      305 48 i. cosco UKC cowvpmowAL ww vm VESSEL PKL PNG P.O. LOADING FOR: v A VESSEL 28/01 Rotter dam/Antwerp CHMA COWVPmOHAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/12 20/12 Huangpu/Guangzhou COSCO FULL COHTAMER SERVICES fFCL/FCLI EXPORT TO: CMNA/SAMQKOK/HONQKONQ EUROPE/CONTINENT AL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI
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