The Business Times, 28 January 1994

Total Pages: 50
1 50 The Business Times
  • 12 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Friday January 28 1994 75*
    12 words
  • 2am LATEST
    • 48 1 AFP NEW YORK Blue-chip stock priccs on Wall Street inched up early yesterday following reports of strong US durable goods orders and a decline in new claims for unemployment benefits. The Dow gained 4.51 points to stand at 3.912.51 at Ipm EST. AFP
      AFP  -  48 words
    • 76 1 Bloomberg Business News WASHINGTON The US Securities and Exchange Commission yesterday issued a 500-page report that recommends significant changes in the ways stocks arc traded including an eventual move to a decimal-based system that lists changes in stock prices in increments as
      Bloomberg Business News  -  76 words
  • Article, Illustration
    117 1 Stock market indices I hursda) Change STIi 2.286 28 +3081 KLSE Composite...1.074.24 +44.93 Nikkei 18 891.79 -246.42 Hang Seng 11.470.42 +230.85 SET Index 1.498 09 +38.95 Jakarta Composite ...590.47 +5.69 CLSA China B 1.294.93 -10 04 Aust All Ord 2.250.7 +28.8 FTSE 100 3.427.3 -8.8 F hands) Previous
    117 words
  • 475 1  -  From Walton Morais in NEW DELHI SINGAPORE Prime Minister Goh Chok Tong, declaring his ongoing visit to India "most successful", is looking forward to the quick implementation of various proposals put forward to Indian leaders. Ending the Delhi
    475 words
  • 719 1  -  By Agnes Chen SINGAPORE With the suddenness of a tap being shut off, last year's flood of foreign money into Asian stock markets dried up in the first few weeks of 1994, brokers say. They report little or no net foreign
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  • 147 1 SINGAPORE Share prices around the region rebounded strongly yesterday, with the Malaysian bourse posting the biggest gain. Dealers said retail and institutional bargain-hunting helped sustain the buying momentum that began in Malaysia late on Wednesday. The Kuala Lumpur Composite Index added a healthy 44.93 points
    147 words
  • 187 1 AFP, Bernama KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad yesterday denied that his government manipulated stock prices to raise political campaign funds, saying it had no hand in market movements. "We have never done that kind of thing," Dr Mahathir said, dismissing suggestions that
    AFP,; Bernama  -  187 words
  • 312 1  -  By Yong Pow Ang SINGAPORE Governmentlinked companies may cease pursuing a power plant project in Henan province following China's decision to cap the rate of return on such an investment at 12 per cent. The Singapore parties Temasek Holdings and
    312 words
  • 551 1  -  From Catherine Ong in HONGKONG CHINA has shortlisted a second batch of 22 companies for listing on the stock exchanges of Hongkong. New York and possibly London. Chinese and Hongkong securities officials said yesterday. The lineup, much awaited by international merchant
    551 words
  • Page 1 Advertisements
    • 236 1 jjfi-TYCH GROUP TRANSPORTATION WAREHOUSING SPECIALIST SINCE 1955 YOUR PARTNER IN TOTAL LOGISTICS CALL: 862-2828 (20 LINES) FAX: 861-6366 CONTENTS £po« News 2 S'porHffsL" 19.20.22 Regional News 3,5.6 Financial 23.24 World News 9 Faatarts Mariuts Anajysa 17 Qob/KLSE, SES 28-30 Editorial 16 Reg™* 26 Sports 13 World 27 IV/lrtestye 15 Currencies
      236 words
    • 7 1 Advertising: Pg New image for Clio awards
      7 words
    • 21 1 Hock Lock Siew: pg 19 Search for Thais that bind Sharp fall in volumes likely to hit broking incomes, Pg 19
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    • 33 1 /pfye Bottom is Miner reserves* disclosure please Full reports. Pages 26-30 Thai Airways to issue 200 m shares to raise 9b baht Page 20 Lion Group pulls off controversial Sabah deal Page 20
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    • 41 1 j^jT */.>* '4' •V" -r??. r \WM < iS&P a.testcmr >l?m bocoqha n^pf^,: AT A. TESTONI BOUTIQUES C #01-15/16 Hilton Hotel Shopping Gallery Tel: *****55 f #01-10 Mandarin Hotel Shopping Arcade Tel: *****38 t #01-11 Raffles Hotel Shopping Arcade Tel: 334«tf3 < v A-W>i
      41 words

  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 274 2  -  By Teh Hooi Ling THE latest clcctricity figures seem to suggest there was a dip in manufacturing output last October. Data from the Public Utilities Board shows the manufacturing sector consumed 677.3 million kilowatt hours during that month, an increase of just 4.9 per ccnt from
        Source: PUB  -  274 words
    • 389 2  -  By A J Leow THE final phase of the sale of state land at Kew Drive by the Urban Redevelopment Authority is likely to set new benchmark prices for landed sites. This is despite the introduction of a dual method
      389 words
    • 127 2 SINGAPORE and Pakistan have agreed to further liberalise their bilateral air services agreement, the Civil Aviation Authority of Singapore (CAAS) said yesterday. Effective immediately, the revised agreement allows each country's designated airline to operate four weekly services using any aircraft type between the
      127 words
    • 319 2 PIDEMCO LAND has boosted its presence in the Hillview area, with the purchase of another site for $31.23 million through its subsidiary Leonie Court. Government-linked Pidemco's acquisition of 92 Hillview Avenue in a private tender comes after it bought two adjacent
      319 words
    • 273 2  -  By Joycelyn Shu HONG LEONG Finance is patting up the Matterhorn building for sale by tender for the third time in six years. Hong Leong, which is the mortgagee, had tried unsuccessfully to sell the building in 1989 and
      273 words
    • 295 2  -  By Schutz Lee THE Trade Development Board raked in revenues of $20.8 million from the auction of textile quotas last year, about half of what it collected in 1992. Industry sources said this was due less to the smaller amount of
      295 words
    • 214 2 LISTED DBS Land will today launch the sale of 254 residential units and shophouses in Seri Alam, Johor's largest township. The property group said yesterday that the sale, under its Phase 1C programme, comprises 167 units of one-and-a-half storey terrace houses;
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  • Page 2 Advertisements
    • 147 2 INA.CCMAT I THE TRUSTEO NAME IN STONE Sg I 1 The jVa co mat Group of Companies jj proudly salute the off ici a I opening of I 'Prime Granite (M) -S d n hd j jj on 28 January 1994 HACXMAT (PTE) LTD StNGAPQfIfi 6 r PRIME GRANITE (MALAYSA)
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  • THE REGION
    • 464 3 Bloomberg Business News KUALA LUMPUR Malaysia plans to build a power plant in the northern state of Perlis that will export electricity to neighbouring Thailand, said the Deputy Minister of Energy, Telecommunications and Posts. Speaking at a conference on independent
      Bloomberg Business News  -  464 words
    • 111 3 Bernama KUALA LUMPUR Asean multinationals should establish strategic alliances with one another to consolidate efforts in meeting global challenges together. Malaysian Defence Minister Najib Tun Razak yesterday said: "We should start to feel that our prosperity is also the region's, and that the
      Bernama  -  111 words
    • 363 3  -  B Harish Mehta SINGAPORE Hotel tycoon Ong Bcng Seng's US$4O million (SS6S million) hotel and office project in Hanoi has hit a major snag about 200 Vietnamese families living on the site will not move out unless they are
      363 words
    • 207 3 AP MANILA Swiss authorities searched a warehouse near Zurich airport after reports that the late Philippine President Ferdinand Marcos stored a fortune in gold there but found nothing. Officials yesterday said Manila requested an investigation after private investigator Reiner Jacobi told
      AP  -  207 words
    • 312 3 AFP KUALA LUMPUR Prime Minister Mahathir Mohamad yesterday vowed to act against opposition politicians if an Australian newspaper's claim that they had taken bribes from Canberra's spies were true. "If they are found to be doing something that is against the interest of
      AFP  -  312 words
    • 324 3 AP, AFP HANOI The World Bank has approved a loan of US$96 million (S$ 153 million) to Vietnam to develop its agricultural and rubber industries, increase farmers' incomes and help the country's transition to a market economy. The bank yesterday said the 40-year,
      AP,; AFP  -  324 words
    • 405 5 Reuter, AFP HONGKONG China plans to exert control over surging prices of luxury consumer products, including cars, television sets, washing machines and refrigerators, a Beijingcontrolled Hongkong newspaper* reported yesterday. The central government had decided the flourishing domestic market for those products
      Reuter,; AFP  -  405 words
    • 225 5 AFP HONGKONG China's monetary reforms will benefit not only its rapid economic development, but also Hongkong in the long run, a monetary official here said yesterday. Joseph Yam, chief executive of Hongkong's quasicentral bank, the Hongkong Monetary Authority, said monetary reform measures being implemented
      AFP  -  225 words
    • 365 5 Reuter. AFP BEIJING Russian Foreign Minister Andrei Kozyrev assured China yesterday that Moscow's push to improve links with Beijing would stay a priority no matter what changes occur in Russia's own political landscape. Mr Kozyrev, in talks with
      Reuter.; AFP  -  365 words
    • 238 5  -  By Lilian Aug SINGAPORE Singaporebased oil trading firm Vitol Asia has teamed up with two Hongkong and China parties to build a$ 13 million storage terminal for liquefied petroleum gas (LPG) in Guangdong. A company spokesman told BT that the terminal
      238 words
    • 467 6 Reuter TOKYO Japan's major banks arc stepping up their write-offs of bad loans, but analysts say it is unlikely they will take the drastic measures that would improve their asset quality quickly. A small but growing number of financial
      Reuter  -  467 words
    • 315 6 AFP, Reuter SYDNEY A leading indicator of Australia's economic future jumped 1.3 per cent in November to reach a record high, according to figures published here yesterday. The Westpac-Melbourne Institute leading index of economic activity, which measures a range of forward-looking economic data,
      AFP,; Reuter  -  315 words
    • 193 6 Reuter TOKYO Japan may be able to go ahead with a new economic stimulus package without a consumption tax rise as a source of funding for planned income tax cuts, a senior ruling coalition official said. Mamoru Nakajima, economic policy-maker for Japan's Renewal
      Reuter  -  193 words
    • 186 6 Reuter SEOUL South Korean firms and individuals will be allowed to invest overseas freely from late February or early March if their investment does not exceed US$3OO,OOO (S$480,000), the Finance Ministry said. The ministry said it had drawn up a package of measures
      Reuter  -  186 words
    • 368 6 Bloomberg Business News TOKYO Japan's public spending spree since the collapse of the "bubble" economy in 1990 is pushing government debt levels to among the highest in the industrialised world and is having a punishing impact on the Tokyo bond market. Hoping
      Bloomberg Business News  -  368 words
  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 154 4 British Airways is now a participating airline in flights to and from London, but on any British Airways in. j c c d r r i "'case send me an enrolment form tor Passages. i Name Passages, Asia's Premier Frequent Flyer Programme. It connecting flights to Europe, America or anywhere
      154 words

  • Page 5 Advertisements
    • 165 5 <P Mandarin Gardens FuU-Servke Accommodation 15 Siglap Road. #01-04/05. Singapore 1544 Tel: 441 2888 Fa*: 444 6839 A RESORT THAT'S ALSO A HOME Full-Service Accommodation by the Sea Mandarin Gardens offers a lot more than just a roof over your head. It's a vacation in itself. Imagine, a wide range
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  • Page 6 Advertisements
    • 322 6 Odor-absorbing, charcoal-activated removable insert f u o r j.Lex lining wicks Padded pigskin /moisture from your foot comfort collar I Supple, comfortable. upper Running shoe forefoot flexibility Steel shank for Long-wearing, AnS^nltm arch support lightweight, ABZORB polyurethane Comfort System outsole Men's Walking Model: MK9O7 Available in 4 coloun and in
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  • Page 7 Advertisements
    • 74 7 1 Johnnie Walker I v NICK I A I.DO i (iKI C, \OR\l W V 81-.RNI I.\KI) I. ANGI R I i 1 RI D COLTI HS I lAN W'OOSN'AM j NICK I'RICI I I After conquering 18 of Asia's most challenging holes, I what can they all look forward
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  • Page 8 Advertisements
    • 55 8 GOLDTRON CONGRATULATES TONGKAH HOLDINGS BHD ON THE OFFICIAL OPENING OF PRIME GRANITE'S PROCESSING FACTORY IN SUNCAI PETANI. KEDAH DARUL AM A N ON 28 |ANLI A RV 1994 BY YAB DATO' SERI DR. MAHATHIR MOHAMAD D.K.. D.U.K.. S.S.D.K.. VS.A.I'. S.I'.M.S.. 5.1'.M.1.. D.l'., 1H1.1'.N.. s.I'.D.K.. S.P.C.M„ S.I'.N.S.. S.S.M.T.. D.U.M.N,. 1'.1.5. PRIME
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  • THE WORLD
    • 377 9 Reuter BRUSSELS A dispute over patents between leading American electronics companies and a European standards body threatens to become a new source of trade tension between the European Union and the United States. Although the row has been brewing for some time, US
      Reuter  -  377 words
    • 323 9 NYT BRUSSELS Europe's antitrust authority suffered a significant blow on Wednesday when the European Commission overruled its own competition chief and agreed to allow three major steel companies to merge their steel tube divisions. The decision raises doubts about the
      NYT  -  323 words
    • 291 9 Bloomberg Business News WASHINGTON The American Bankers Association, predicting that the United States economy will grow by a solid 2.8 per cent this year, said yesterday that it is recommending that the Federal Reserve raise interest rates to curb inflation. The ABA.
      Bloomberg Business News  -  291 words
    • 49 9 Reuter MOSCOW Maksal, the Akhal Tekke stallion, resisting his handler's attempt to load him onto a track on Wednesday to be shipped to London. Saparmurat Niyazov, president of the foimer Soviet Turkmen republic, gave the horse to British Premier John Major as a present. Renter
      Reuter  -  49 words
    • WORLD WATCH
      • 103 9 AP MADRID Hours into a nationwide strike, labour leaden declared victory yesterday and called for new talks on the government's plan to make it easier to fire workers and to scrap a guaranteed day ofT once a week. Union and business leaders said it
        AP  -  103 words
      • 77 9 Reuter LONDON Fire bombs caused bla/es at three stores in a major London shopping street yesterday but the fires were quickly put out and no-one was hurt. The area around the stores, on Oxford Street in central London, was cordoned off after the fires broke
        Reuter  -  77 words
      • 86 9 Reuter ROME One multi-millionaire stepped out of Italian politics yesterday after another stepped in. Clothing magnate Luciano Benetton, a senator with the small Republican Party, said he would not stand at general elections in March. "I'm going back to being a businessman. It's important that Italy
        Reuter  -  86 words
      • 65 9 AP WASHINGTON Deputy Attorney-General Philip Heymann announced his surprise resignation yesterday, citing differences in "operating and management styles" between him and AttorneyGeneral Janet Reno. Ms Reno yesterday confirmed that one of her top aides. Lula Rodriguez, under Justice Department investigation in connection with a vote fraud
        AP  -  65 words
    • 419 9 Reuter GENEVA The European Union's chief negotiator to the Gatt world trade body said Asia would drive the global economy over the next decades. Ambassador Tran VanThinh. who leaves his post in March, also warned there were early signs of upheaval in
      Reuter  -  419 words
  • Page 9 Advertisements
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  • Page 10 Advertisements
    • 256 10 r. A 1 This week, history is created. For it marks the Topping-off attraction, if not the most famous. But the old Bugis pales in entertainment experience with food courts, development will be the 5-star Inter-Continental Hotel and an I of a truly unique development. Bugis Junction. When finally comparison
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  • ADVERTISING & MARKETING
    • 572 11  -  Judging process is one of the main taigets in overhaul, reports Corinne Kerk Corinne Kerk WITH a new man at the helm, the winds of change are beginning to blow through the advertising industry's version of the Academy Awards the Clio Awards.
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    • COPY LINES
      • 38 11 SINGAPORE Asia Pacific Breweries has launched a new commercial for Tiger Classic, with a mellow theme set by scenes of ruddy sunsets and sweeping views. The commercials were filmed in California and Arizona.
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      • 38 11 SINGAPORE The Design Centre is running an exhibition with an Australian theme until Feb 5. The show by 11 Aussie craftsmen and artists displays jewellery and metal artwork, with gold as the highlight.
        38 words
      • 36 11 SINGAPORE The Institute of Advertising has elected Y P Chan, general manager off Chuo Senko Advertising, its president. He replaces Teo Keng Hock, who served the maximum three-year term.
        36 words
    • 734 11 NYT SINCE 1985, Visa has been proclaiming, through advertising by BBDO New York, that "It's everywhere you want to be". But where does Visa want to be? That question has been reverberating for some time among executives in the credit card and
      NYT  -  734 words
    • 287 12  -  Prospects for Indian advertising are good, with stakes in ad agencies in demand. Nirmal Ghosh reports Nirmal Ghosh Despite virtually flat industrial growth in India, advertising agency billings jumped 36.5 per cent in 1992-93. thanks to new product launches and a return of consumer
      287 words
    • 874 12 NYT ONE by one the women face the camera. "I would never want to be less than 40," says an unidentified 44-year-old. "It's so much more fun now." A woman who gives her age as 79 says: "Age to me is nothing. This nonsense about
      NYT  -  874 words
  • Page 11 Advertisements
    • 49 11 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
      49 words
    • 54 11 ITOSCANOI The Hallmark mdur i n g Quality itM- Como. A new collection from Toscano is impeccable craftsmanship. A collection that is of the pi&lucts...only an imastible Como is craped with genuine Italian bottom H water resistant which creates scuffing and scratching. Como. A collection that will endure the test
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  • Page 12 Advertisements
    • 509 12 AFTER THREE YEARS OF BOOZE, FAGS AND PIZZA, WE'VE SUDDENLY EXPANDED. t It's not surprising that with clients such as Heineken, British American Tobacco and Pizza Hut, BSB has found itself getting larger and larger. In fact, we're now at the stage where we need like minded souls to join
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    • 89 12 Mgy. i»i'. 'I? v L t. t» I <§t 1& sfc it lb m mmV Hfl If You Haven't Cot These, don't Bother Applying. Account Manager wanted. Two or three years' experience, preferably in the airline or travel business. Must be capable of strategy, presentation and understanding a good ad.
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  • SPORTS
    • 766 13 Australian Open AP MELBOURNE It took just 126 minutes. Steffi Graf and Arantxa Sanchez Vicario completed predictable semifinal wins yesterday at the Australian Open to set up a final between the world's top-ranked women. Top-seeded Graf took a fraction over an hour to overwhelm
      AP  -  766 words
    • 502 13 Golf AP DUBAI He went 27 months without a victory before the 1992 Canadian Open. Then came another victory Doral Open last March. Now, six months after winning the British Open for the second time, Greg Norman is back to being a
      AP  -  502 words
    • 291 13 Super Bowl XXVIII NYT ATLANTA Five years ago when Jimmy Johnson became the Dallas Cowboys coach, you could hear snickering throughout the National Football League. His brash style at the University of Miami would simply not work in the NFL, his critics
      NYT  -  291 words
    • SPORT SHORTS
      • Article, Illustration
        88 13 Reuter AP NEW YORK NBA Wednesday: Atlanta 116 Phoenix 107; Boston 103 Miami 98; Charlotte 120 Orlando 145; Philadelphia 104 Dallas 90; Minnesota 100 Utah 98; Golden State 108 Detroit 92; LA Lakers 103 Indiana 99. Reuter KUALA LUMPUR Eleven countries have confirmed they will play in the Commonwealth
        Reuter; AP  -  88 words
      • Article, Illustration
        37 13 Reuter NEW YORK NHL Wednesday: Hartford 0 Montreal 3; Toronto 4 NY Islanders 3: Tampa Bay 1 Florida I (OT); Calgary 2 Dallas 3; Edmonton 3 New Jersey 3 (OT); Anaheim 3 Winnipeg I. Reuter
        Reuter  -  37 words
      • Article, Illustration
        95 13 AP WEST PALM BEACH, Florida After reportedly telling a sheriff's deputy she didn't "have time for this", the former wife of golfer Fred Couples drove away from the officer who pulled her over for passing illegally and driving with a suspended licence. Deborah Couples. 35, was jailed after driving
        AP  -  95 words
      • Article, Illustration
        105 13 AFP ANTIGUA Steve Watkin, who suffered a back strain two days ago, returned to action in dramatic style by taking four wickets as England crushed Antigua by 203 runs in their cricket tour opener. The Glamorgan seamer was expected to play no further part in the match in St
        AFP  -  105 words
      • Article, Illustration
        138 13 Reuter LONDON Terry Venables will be installed as England's new soccer manager today ending a 65day wait since Graham Taylor resigned in November. A blunt statement from the English Football Association said a press conference would be held at Wembley Stadium this afternoon but the FA then refused to
        Reuter  -  138 words
      • Article, Illustration
        77 13 AFP LONDON British Formula One team McLaren admitted on Wednesday that they are unlikely to succeed in their bid to lure fourtime world drivers" champion Alain Prost out of retirement. Although McLaren chief Ron Dennis has been having continuous talks with the Frenchman since last month. Norman Howell, spokesman
        AFP  -  77 words
      • Article, Illustration
        82 13 AFP MELBOURNE Australian Open semi-finals Thursday W omen's singles: Steffi Graf (Ger xl) b Kimiko Date (Jpn xlO) 6-3 6-3: Arantxa Sanchez Vicario (Spn x 2) b Gabriela Sabatini (Arg x 4) 6-1 6-2. Men's doubles: Jacco Eltingh/Paul Haarhuis (Neth x 3) b Martin Damm/Karel Novacek (Cze) 6-1 6-4
        AFP  -  82 words
    • 534 13 AP MELBOURNE Stefan Edberg believes it is time to end the jinx that has haunted him since the Australian Open moved to the National Tennis Center six years ago. The powerful Swede has appeared in three of the last four
      AP  -  534 words
  • Page 13 Advertisements
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      203 words
    • 530 13 FIRST COMMERCIAL BANK (Incorporated with bitted Übifity In Taiwan. R.0.C.) BOARD OF DIRECTORS Chairman of *ta Board: Hsiao-Ao Chan Maneging Directors Tlan-Un Huang, T.S. Huang, Y.F. WU, F.S. Chang Directors Ham-Rong Chan, Taana, Chi-Tian Chang, C.M. Chang. PJ.. Un. T.Y. Wu. C.C. Chiang, Yl. Chen, H.T. Huang, M.L. Yang COMPARATIVE
      530 words

  • Page 14 Advertisements
    • 836 14 Nothing Beats A BihL HhlS where t w,ne dine and entertain O OF "BB IMllachine A good reason to vWtMlschtef the ftjnpi*>: From spm to Bpm daly, beer and house pouring drinks are at only $3.50++ each. Mischief is open from 11 am to lam dafly (til 9am on Fridays,
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      402 words

  • LIFESTYLE
    • 822 15  -  Fionnuala Halligan does some crystal-ball gazing Fionnuala Halligan WITH days to go until the Academy Awards nomination list is released on Feb 9. Oscarcountdown fever has started in America with a vengeancc. The big studios premiered their top films in New York and Los Angeles
      822 words
    • 428 15 CHATTERBOX MUPPETS creator Jim Henson. who died in 1990, remains a prominent influence in children's television. On Wednesday, the National Association of Independent Television Producers and Executives will present its 1994 International Lifetime Achievement Award to Henson in honour of his "immeasurable contributions to worldwide
      428 words
  • Page 15 Advertisements
    • 431 15 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, Tlramisu. PASTA FRESCA DA SALVATORE PTE LTD BLK 833 <01-03 ROYALVILLE BUICIT TIMAH ROAD SINGAPORE 1027 4820.
      431 words
  • Page 15 Miscellaneous
    • 1283 15 I TV RADIO —amnvm Danny Dc Vito smallish hustler who visited by Arnold Schwarzenegger, the prod- WttKS ff!S Vj| uet of a sperm cocktail from kiMßr' 3p*|lMfc six geniuses and his twin W&&' j brother. The giant and the sle- T/f S *"W b i azeball join forces to find
      1,283 words

  • 569 16 EDITORIAL JAPANESE Prime Minister Morihiro Hosokawa's reformist government is running out of time. The prime minister and his eightmember coalition has until Saturday to cut a "sweetheart deal" with the opposition Liberal Democratic Party (LDP) on the passage of a landmark Bill on political and electoral reforms.
    569 words
  • WHAT THE OTHERS SAY
    • 229 16 HAPPILY for Japan, the momentum towards an ethical cleansing built on public opprobrium appears unstoppable. The popular wish for an overhaul has been expressed clearly, through the rejection of the LDP in last year's election and frequent opinion polls. The industrial elite, through the
      229 words
    • 150 16 IT SEEMS that the US is set for a new beginning as described by President Clinton in his State of the Union address on Tuesday. After years of recession, the economic fundamentals are recovering low inflation, higher spending on consumer durables and housing, and higher exports. In
      150 words
    • 175 16 TO GET his political reform Bill passed, Japanese Prime Minister Morihiro Hosokawa is willing to compromise and accommodate demands by the Liberal Democratic Party. But by the time the Bill is amended, it will be only an empty representation of its original purpose, and this will not
      175 words
    • 145 16 LACKING an indigenous scientific and technological brainpool capable of driving our manufacturing sector, we must realise, as Deputy Prime Minister Anwar Ibrahim has said, that we have a long, long way to go and a lot of work to do before we can rightly
      145 words
    • 165 16 SEVERAL high-ranking officials have visited areas where the influence of ulemas, the traditional Indonesian Muslim scholars, is irrefutable. Our impression of the visits is that the authorities might have come to acknowledge the pivotal role played by the ulemas, and not only because the government is
      165 words
    • 173 16 IT IS GOOD that Bank Negara has not shown any tardiness in putting the brakes on hot money coming into the country. On Jan 11, the bank announced it would implement two measures to contain inflows of short-term funds to a manageable level, as
      173 words
  • 774 16  -  William Clark Jr says Washington will make headway with Tokyo only if the Clinton Administration puts together a coherent policy towards Japan William Clark Jr The writer, a former US assistant secretary of state for East Asian and Pacific affairs, holds the Japan Chair
    IHT  -  774 words
  • Page 16 Advertisements
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      198 words
  • Page 16 Miscellaneous
    • 78 16 DO"Zj£N SQUIRTiNG QN£. OF OUC CHRPS IS) JOGJS oo<e VgeXigtMO TDPPY/... y j T D \r V* CUSMO^..J BRISTouj\ 1 OP 1 cue3Teß PeRRV y c —tPCMTto «wm>««w ltd, mum &i?N'"G Pg.Pp\gTyig><T. f w* V o^*—« POOWESBURY QARRY TRUDEAU REVEALS A [...BUTAT I<£M WLSTOFILB TAX I Ufi,OOOU>9SFOKTH&CLJNIOHS< U THB JUSTICE
      78 words

  • ANALYSIS
    • 1428 17  -  Recently in Vietnam, Harish Mehta found foreign bankers wary about operating in that environment but optimistic about the future Harish Mehta YOUNG Singapore banker Gary Voon, who has lived in Ho Chi Minh City for about eight months, describes operating in that environment
      1,428 words
    • 1373 17  -  As the annual economic forum at Davos gets under way, lan Rodger wonders if the reality lives up to the billing Lan Rodger FT POLICE UNITS from all over eastern Switzerland rolled into the Prattigau valley in the northern Grisons last weekend. They
      FT  -  1,373 words
  • Page 17 Advertisements
    • 247 17 The Zenith Rainbow Collection A Legend at Sea and on Land Zenith, the time-honoured elite watchmakers and button start stop creators of the first ever chronograph movement the and reset; El Primero and winners of countless awards and p" tachymeter scale accolades have yet another achievement to their name. or
      247 words

  • 547 18 Joint parliamentary panel abandons compromise talks Reuter, AFP, AP TOKYO Japanese politics was thrown into deeper turmoil yesterday when negotiators from the two Houses of Parliament abandoned compromise talks on a key package of political reforms and Prime Minister Morihiro
    Reuter,; AFP,; AP  -  547 words
  • 257 18 Bloomberg Business News AFP. WASHINGTON Calling Tokyo "out of step" with the world economy, US Treasury Secretary Lloyd Bentsen yesterday said that no US trade agreement with Japan was better than a bad one. In a speech to the US Chamber
    Bloomberg Business News; AFP.  -  257 words
  • 251 18 Bloomberg Business News, AFP WASHINGTON US Treasury Secretary Lloyd Bentsen yesterday suggested that the US was mov ing towards granting China permanent most favoured nation trading status. China's MKN trading status, which gives it the same low-tariff status enjoyed by most US
    Bloomberg Business News,; AFP  -  251 words
  • 355 18 AFP. Reuter. Bloomberg Business News WASHINGTON Orders to US factories for durable goods jumped 8.6 per cent in 1993, the biggest advance in five years. The Commerce Department yesterday said the annual increase was the steepest since orders
    AFP.; Reuter.; Bloomberg Business News  -  355 words
  • 958 18  -  The Bottom Line PAUL MARRIAGE PAUL MARRIAGE The writer is executive director of corporate affairs consultancy Forrest International. The vien s expressed are his own and do not necessarily reflect those of the company IMAGINE if a publicly-listcd company was allowed
    958 words
  • 312 18 Bloomberg Business News, Reuter NEW YORK American Telephone Telegraph Co said yesterday that its fourthquarter net income fell 1.8 per ccnt. reflecting an accounting charge for benefits payments to employees who will retire. Without the charge. AT&T's earnings rosfc 15 per cent. Revenue rose 5.5
    Bloomberg Business News,; Reuter  -  312 words
  • 250 18 Reuter, AP HONGKONG Australia's state-owned broadcaster is muscling in on media tycoon Rupert Murdoch's market with plans to beam directly into China and to secure buyers for its programming. David Hill, managing director of the Australian Broadcasting Corp. was in town yesterday
    Reuter,; AP  -  250 words
  • Page 18 Advertisements

  • COMPANIES & MARKETS
    • 466 19  -  By Shiv Taneja SINGAPORE Falling share prices and high volatility have dramatically driven down trading volumes on the Main Board and Clob International. In the last two weeks, the combined daily trading volume has crashed from a peak of $1.6
      466 words
    • 249 19 SINGAPORE Printed circuit board maker PentexSchweizer Circuits yesterday announced a 300 per cent jump in interim net profit to $3.5 million and proposed a one-for-four bonus share issue. At half-time, Pentex had almost hit its last full-year's net earnings of $3.59 million.
      249 words
    • 442 19  -  By Amy Balan SINGAPORE Two months after a change in controlling shareholders, Seapower Asia Investments Ltd formerly known as Summa Investments has sold all its remaining property holdings in Sim Lim Tower and Sim Lim Square for about Sioo million. The sale of the
      442 words
    • 273 19 SINGAPORE Singatronics Ltd has incorporated a whollyowned subsidiary in China to undertake a proposed US$lO million (Ssl6 million) investment in Hebei province. Singatronics (China) Company Ltd will set up a manufacturing plant in Langfang Economic and Technological Development Zone to make and
      273 words
    • 730 19  -  HOCK LOCK SIEW By Loh Hui Yin BANGKOK Several of the leading lights in the Singapore stockbroking fraternity have breezed into Bangkok in the past couple of weeks, in what has been an eventful time for the Thai stockbroking industry. Eventful because one friendship
      730 words
    • 487 19  -  By Claire Leow SINGAPORE Datapulse Technology, a manufacturer of micro floppy diskettes, yesterday announced that it would float 54 million shares on Sesdaq. Formed in 1980 as Sound Technic, the company is offering half the shares at a fixed price of 63
      487 words
    • Article, Illustration
      354 19 Source: Bridge Info Performance of STll's Index stocks Jan 27 Last S— lain Stock sale Chgc factor aottn (S) <S) S Avimo 2.310 0.130 148 6.19 CAC 8 100 -0.050 5.20 -2.38 CWT 3 060 0 020 l.*>6 0.95 Icrcbos 7 600 0 250 4 88 11 90 FAN
      Source: Bridge Info  -  354 words
    • 211 19 SINGAPORE Hotel Plaza has announced that a subsidiary of its 60 per cent interest. Success Venture Investments (Australia), will buy the Parkroyal Parramatta in New South Wales. Success Venture has signed an agreement with Southern Pacific Hotel Corp to pay Asls
      211 words
    • COMPANIES
      • 565 20  -  From Leslie Lopez in KUALA LUMPUR THE Lion Group has been awarded the privatisation of the country's only integrated pulp and paper mill in the East Malaysian state of Sabah for MSSOO million (SS29O million). In an announcement to the Kuala Lumpur
        565 words
      • 472 20 UNIT TRUSTS FUNDS M—Jill' pric— Jan 28 lr.thond 1.02 1045 United Or Fund 1.62 1.69 SMPPMV UMt IIUt United Asia Fund I 2.06* The Comment 1.75 184 PfTUC Income The Savings Fund 1 64 1 72 Bond PoIh-> 4 56 4.72 S pore Prog Fund 0.72 0 76 S pore
        472 words
      • 272 20  -  From Loh Hui Yin in BANGKOK THAI Airways, which has been coming to grips with bumpy commercial weather, will ofTer 200 million ordinary new shares to the public. The issue, its first since the initial offer in 1992, will
        272 words
      • COMPANY BRIEFS
        • 102 20 SINGAPORE DBS Bank has agreed to lend India's Great Eastern Shipping Co Ltd U5553.6 million (5585.7 million) to build two oil tankers. Its executive vice-president Soh Kim Soon said this is the first time the bank is financing ships under the Indian flag.
          102 words
        • 75 20 KUCHING Sapura Holdings Sdn Bhd and the Sarawak Economic Development Corporation (SEDC) yesterday formed a joint-venture information technology-based company, PPES Pinnacle Sdn Bhd. The company, in which Sapura has 25 per cent equity interest, was incorporated on Sep 30 with a capital of M 5500,000
          75 words
        • 63 20 SINGAPORE Singapore Shipbuilding Engineering has promoted its managing director Boon Swan Foo to the newly-created position of president. Mr Boon, who has been with the company for 14 years, will assume the new position on Feb 1. It is not known if he will
          63 words
      • 147 20 Reuter MANILA Philippine business tycoon John Gokongwei has asked the Securities and Exchange Commission (SEC) to stop two local subsidiaries of Singapore's Keppel Corporation from raising funds through share sales. Mr Gokongwei said Kepphil Shipyard and Cebu Shipyard planned to raise
        Reuter  -  147 words
      • 674 20 MARKET WATCH MBT KUALA LUMPUR The Malaysia Fund Inc, which is listed on the New York Stock Exchange (NYSE), improved 98.6 per cent in 1993, after taking into account the dividend paid and a one-for-three rights issue. The 98.6 per cent
        MBT  -  674 words
      • 444 22 Reuter SEOUL Samsung Heavy Industries Co Ltd (SHI) will list on the Seoul stock market today, helping to meet some of the growing foreign demand for hard-to-get South Korean blue chips, analysts said. SHI, the shipbuilding and heavy machinery affiliate of the
        Reuter  -  444 words
      • 337 22 HONGKONG Wuhan Iron Steel, ranked China's fifthbiggest enterprise in 1992. is planning major expansion, backed by the proceeds expected from its launch on the international securities market. The South China Morning Post reported on Wednesday that the firm was seen as one of the
        337 words
      • 371 22  -  By Bernard Chew SINGAPORE Leading personal computer manufacturer Compaq Computer AsiaPacific continued to register an impressive performance in 1993. doubling revenues to nearly US$BOO million (551.27 billion) from a year ago. This was despite earlier predictions by industry analysts that PC makers would be
        371 words
      • 356 22 MARKET WATCH Reuter WELLINGTON New Zealand's Brieriev Investments would need to convince investors its British hotel chain was on the rebound if it were to keep outperforming the New Zealand share market this year, analysts said. BlL's share price has jumped 25
        Reuter  -  356 words
      • 179 22 NYT NEW YORK The New York Stock Exchange has censured a stockbroker with Prudential Securities in the Big Board's First regulatory case stemming from the firm's limited partnership fraud scandal. The case on Wednesday, brought against a Prudential broker in Scottsdale. Arizona, also marks
        NYT  -  179 words
      • COMPANY BRIEFS
        • 78 22 NYT NEW YORK Donald Bainton. president and chief executive of Continental Can Corp, was sued on Wednesday by the Securities and Exchange Commission, which accused him of privately tipping off a close friend in March 1992 that the company was about to report poor profits.
          NYT  -  78 words
        • 42 22 Reuter LONDON A London Stock Exchange review into rules governing the listing of biotechnology firms might make it possible for emerging agricultural and food concerns to gain quotations, working group chairman Brian Richards said. Reuter
          Reuter  -  42 words
        • 53 22 Reuter SHANGHAI A slip-up by a trader on the Shanghai stock exchange cost his firm 10 million renminbi (551.75 million) after he bid 20 renminbi each instead of 6.50 as instructed for a block of Guangzhou Shipyard International shares before trading began on Wednesday, sparking panic
          Reuter  -  53 words
        • 37 22 Bloomberg Business News TOKYO Nippon Telegraph Telephone denied a Nikkei newspaper report it was in talks with American Telephone Telegraph and Apple Computer about jointly developing so-called multimedia products. Bloomberg Business News
          Bloomberg Business News  -  37 words
        • 45 22 Bloomberg Business News TOKYO Tyre-maker Bridgestone Corp plans 22 billion yen (SS3I3 million) in capital investment in the fiscal year ending December 1994. half last year's amount, because of slowing auto sales in Japan, a newspaper said. Bloomberg Business News
          Bloomberg Business News  -  45 words
    • FINANCE & COMMODITIES
      • SMALL CHANGE
        • 99 23 Reuter HONGKONG New Zealand Insurance Life (Bermuda) Ltd (NZI), a unit of Seapower International Holdings Ltd, said claims that insurance agents will be deprived of the right to sell insurance in Hongkong in the event they are fired by their employer is a
          Reuter  -  99 words
        • 87 23 Bloomberg Business News HONGKONG The European Bank for Reconstruction and Development, a bank that finances projects in the former Eastern bloc, is selling HKSSOO million (S$ 103.4 million) of five-year, fixed-rate notes priced to yield 5.65 per cent, said IBJ Asia Limited, the issue's
          Bloomberg Business News  -  87 words
        • 80 23 Knight-Ridder BANGKOK The Electricity Generating Authority of Thailand will sign an underwriting agreement on a bond issue worth 4 billion baht (*****.5 million), an agency official said yesterday. The bonds will have a maturity of 7 years and carry an annual fixed yield
          Knight-Ridder  -  80 words
        • 66 23 Knight-Ridder BANGKOK Thailand's Ban-Pu Coal Co Ltd will list between US$BO million and US$lOO million worth of convertible bonds on a European market by March 31, a senior company official said yesterday. The bonds will have a maturity of 10 years. Bond yield
          Knight-Ridder  -  66 words
      • 425 23  -  From Loh Hui Yin in BANGKOK BANGKOK Bank president Vichit Suraphongchai has withdrawn his resignation and will take up the bank's offer of six months' leave from April 1 for medical treatment. He will also head a roadshow next month to the United States
        425 words
      • 158 23  -  By Soh Tiang Keng PRUDENTIAL Corporation of Britain has created a new operating division, Prudential Corporation Asia, to step up its expansion drive in this region. The division will strengthen and expand Prudential's operations in Hongkong, Singapore and Malaysia while exploring new
        158 words
      • 49 23 Reuter SOFIA Two Serbs push a cart full of goods out of the main market here. The introduction of the new, convertible "super dinar** has sent hundreds across the border to make the most of plentiful supply and low prices in Bulgaria. Reuter
        Reuter  -  49 words
      • 338 23  -  By Soh Ting Keng SINGAPORE Insurance broker Nelson Hurst, which was recently listed on the London Stock Exchange, plans to play a greater role in Singapore's reinsurance market. David Woodward, chairman of the London-based group, revealed that the company sees the
        338 words
      • 296 23  -  By Quak Hiang Whai SINGAPORE After weeks of anticipation, the Indonesian government finally awarded its mandate for a US$4OO million (SS64O million) loan facility to six banks. The facility is the first major fund-raising exercise by the Indonesian government in the offshore
        296 words
      • 436 24 Reuter SINGAPORE Kuwaiti and Chinese national oil companies will continue to process crude oil in Singapore in their bid to compete in the booming Asian oil market, industry sources said yesterday. Kuwait Petroleum Corp (KK?) will be renewing its contract to process 30,000
        Reuter  -  436 words
      • 618 24 Reuter SEOUL South Korean refineries, committed to huge expansion projects, are set to challenge Singapore as a major exporter of oil products to China within two years. The head of the Korea Energy Economics Institute, Lee Hoesung, yesterday
        Reuter  -  618 words
      • 134 24 Reuter JAKARTA Indonesia planned to host a meeting of Asia-Pacific cofTee producers in Jakarta on Feb 7-8 to discuss ways of maintaining reasonable price levels, Oesman Soedargo, vice-chairman of the Association of Indonesian Coffee Exporters said. Mr Soedargo said Thailand, Vietnam, the
        Reuter  -  134 words
      • 43 24 Reuter KURUNEGALA, Sri Lanka Sri Lanka recently held its first public auction of coconuts in the western town of Kurunegala. The auctions to be held twice a month are expected to sell a million nuts a time. Reuter
        Reuter  -  43 words
      • 206 24 Bloomberg Business News ADELAIDE Australian mining investment house Normandy Poseidon Ltd produced 70 per cent less copper and slightly less gold in the three months to Dec 31. Normandy has interests in gold, base metals, industrial minerals and diamonds. It holds 60 per cent
        Bloomberg Business News  -  206 words
      • 150 24 THE US$ drifted lower against the major currencies especially the yen on fears that the US would push for a stronger yen after trade talks with Japan faltered. The US$/M$ was again volatile with good volumes going through. Early morning attempts by offshore commercial interest
        150 words
      • 179 24 Reuter LONDON The dollar was steady around its yen lows in late European trading yesterday with dealers closely watching any comments out of the US on the Japanese currency. Japan's huge trade surplus is keeping the yen firm and on Wednesday US Treasury secretary Lloyd Bentsen said Japan was
        Reuter  -  179 words
      • 236 24 Reuter LONDON Opec has shifted the focus of its consultations on oil prices to planning for a scheduled March 25 Geneva meeting. Opec officials and delegation sources said. "For the time being. Opec is preparing for its March 25 meeting." said Mohammed
        Reuter  -  236 words
      • Article, Illustration
        1611 24 Trade-neifhted index calculated utuint/ S'pore'i lop 14 trading partners Base year 198 5 US$/S$ forward rates Noon Jan 27 ss Bid Oder 1-month I.$973 I 5988 2-month 1.5983 I.$998 3-momh I.$993 ***** 6-month 1.6020 1.6040 Source OCBC FOREIGN CURRENCY NOTE RATES As at 10tM m tea 27: Singapore dollars lo
        1,611 words
      • 82 24 AFP NEW YORK The dollar's slide against the yen accelerated yesterday on Treasury Secretary Lloyd Bentsen's statements that he would prefer no agreement with Japan to a bad accord. At about 9:20 am. the dollar was at 1.7445 German marks against 1.7450 on Wednesday. It was at 109.28
        AFP  -  82 words
    • COMMODITIES & FUTURES
      • 1295 25 SIMEX REPORT Reuter SINGAPORE Simex Euroyen interest rate futures ended weaker but recovered from session lows bolstered by an easier Nikkei cash market. Euroyen was overwhelmed early by heavy stop-loss selling as the Nikkei Average scaled to the top of recent ranges. Prices
        Reuter  -  1,295 words
      • 609 25 COMMODITY REPORTS Tin TIN rose to the highest level in eight months by the close on active local and overseas buying spurred by firmer European prices, traders said. The metal settled at MS 13.60 a kg. up 18 sen from overnight close. Traders said
        609 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 122 25 TOKYO Japan's Mitsui Mining and Smelting Co Ltd announced a restnicturing plan yesterday that includes a switch to using scrap metal to feed a subsidiary lead smelter instead of concentrates and an increase in its copper production capacity by 18.6 per cent. The company said it
          122 words
        • 114 25 MOSCOW Russia will definitely introduce an import duty for refined sugar soon, which will change the whole nature of the sugar market here, according to Evgeny Sosnin. aid to Deputy Prime Minister Alexander Zaveryukha. The import duty for refined sugar is being introduced to
          114 words
        • 134 25 SINGAPORE South Korea's Korean Feed Association on Wednesday bought 14,000 tonnes ot Chinese cottonseed meal and 12.500 tonnes of Indian rapeseed meal, traders said. All cargoes will be delivered to the port of Ulsan. with the cottonseed meal sold by Toepfer. and the rapeseed meal
          134 words
    • 1549 25 Rubber MS C»wn»1ty Exctaf (hrturw ctodt a» at !»»> ESS 1 Cutract (S cents/kg) Close Volume Open Month Hith Low Sett (tonnes) Interest FrtT94 0*0 0l 131.75 "0 ~250 Mar 133.75 132.75 133.75 1125 4.650 Apr 136.25 135.25 1 36.00 72 5 4.850 May 137.75 137.75 137.75 375
      1,549 words
    • REGIONAL STOCK MARKETS
      • 1162 26 +28.8 ASIAN investors lifted Australian stocks to a firmer close yisterdav while gold shares benefited from rising bullion prices, brokers said. The All Ordinaries index closed at 2,250.7, 28.8 points above Tuesday's finish. The market was closed on Wednesday for Australia Day celebrations. The All Industrials index closed 32.4
        1,162 words
      • 621 26 +o.6pc The Philippine stock markets made a technical rebound in thin trading yesterday, with bar-gain-hunters on the prowl but institutional investors largely staying on the sidelines, analysts said. Both the Manila Stock Exchange and the Makati Stock Exchange indices finished 0.6 per cent higher with the former at 3,002.85
        621 words
      • 535 26 +176.89 Taiwan stocks finished sharply higher on a strong rebound in Financials. Sentiment was helped by a newspaper report quoting the chairman of the Securities and Exchange Commission as saying the ceiling for foreign stock investment should be raised to US$2O billion from US$5 billion. The index rose 176.89
        535 words
      • 326 26 +24.31 New Zealand shares ended at their highest point since late September, 1989, but on comparatively low volume. Support was nevertheless widespread with the main NZSE-40 capital index gaining 24.31 points (1.06 per cent) and the Small Companies Capital Index gaining 87.27 points or 1.76 per cent to
        326 words
      • 447 26 +13.1 Share prices closed at four-year highs on frantic buying of blue chips and brokers forecast the bullish trend will continue for the time being. The composite stock index ended 13.10 points up at 907.44, the highest since Jan 25, 1990, when it was 907.75. "The market is so
        447 words
      • 62 26 +86.9 Share prices on all major Indian stock exchanges rose across a wide front though volume of business at most places was lower than usual in the absence of sellers, brokers said. The Bombay Stock Exchange 30-share index closed at 4,069.39, up 86.90 points or 2.2 per cent from
        62 words
    • WORLD STOCK MARKETS
      • 830 26 Britannia Funds Sterliag Cash BM Offer Mitn Cap Deposit it 6400 M 6500 Mim Jeney Oik 0I«4) 0 1942 Mim Max Income *1 0400 *1 1400 L'SS Cask Income Pli» Fund 10 7700 11 MOO PS I Rnerve Fund 5 2400 5 2500 Stariiat E#) Euro Prrformajxr 0.4542 0 44
        830 words
      • 654 26 ■8.8 Shares finished another cautious session mostly lower as a scarcity of major UK corporate and economic data and a weak March FTSE futures contract prompted more profit-tak-ing, dealers and analysts said. The FTSE 100 index, which has fallen four straight sessions since reaching a record closing high of
        654 words
      • 123 26 -1.4 French shares slipped into negative territory during the afternoon as futures-driven business weighed on cash prices, but managed to finish the session almost steady. The CAC-40 index ended down 1.40 points, or 0.06 per cent, at 2,280.95. Volume was an average five billion francs. Pari* Ju 27 ft
        123 words
      • 123 26 +15.47 Swedish shares closed higher amid expectations companies will report improved earnings for 1993. traders said. The Electrolux class B share was up 10 kronor at 339, and was one of 20 of the 30-shares tracked by the OMX index to rise. The index ended 15.47 points higher at
        123 words
      • 250 26 +0.09 Dutch shares closed quietly mixed, shedding early gains inspired by a television poll of analysts as London and Wall Street turned weaker. The AEX index ended 0.09 higher at 425.71. After a 45 per cent increase since the start of 1993, Dutch shares' bull run is stale, dealers
        250 words
      • 158 26 +5.98 The Bel-20 index of leading Belgian shares closed at a new all-time high after an active session, with shares boosted bv hopes that the strength of the Belgian franc against the mark may lead to further cuts in key official interest rates. The market was expected to remain
        158 words
      • 142 26 +64 Italian shares closed stronger. with gainers outnumbering losers by about two to one. Prices gained as hopes for lower interest rates and a satisfactory gen- eral election outcome persisted, traders said. The market's blue-chip Mibtel index ended up 64 points at 10,178, its fifth rise in a row.
        142 words
      • 303 26 +39 Gold shares held their earlier highs by the closc as the market remained buoyed by bullion strength, but dealers said the market needed more convincing about gold prospects before pushing shares much higher. Industrials made gradual, but steady gains. The gold index was 72 points better at 2.024,
        303 words
      • 261 26 +3.87 Toronto stocks edged higher in early hesitant action on firmness in transportation and base metals shares, traders said. The TSE 300 composite inched up 3.87 points to 4.464.13. On Wednesday, stocks broke a recent losing streak and firmed to a slightly stronger closc on a solid gold index
        261 words
      • 229 26 +5.51 Swiss shares closed firmer but below the day's high as the SMI index was unable to keep above the 3,100 line. The index, which closed 3.6 points up at 3,094.8, was unable to hold above 3,095 which some said was a resistance line. The broad SPI added 5.51
        229 words
      • 918 26 -3.65 The Dow Jones industrial average was down 3.65 points to 3,904.35 at 11 am EST yesterday. The key barometer was ahead 4.88 points shortly after the market opened. A sharp loss in Dow component Minnesota Mining Manufacturing helped knock the blue-chip indicator off positive territory. 3M was
        918 words
    • Article, Illustration
      2911 27 Reuter HONGKONG Hongkong shares shot up early and then maintained their levels for the rest of the day in lacklustre range trading, brokers said. The Hang Seng Index closed at 11,470.42, up 230.85 points or 2.05 per cent. The market regained almost all of Wednesday's losses as fears dissipated
      Reuter; Source: Bridge Info  -  2,911 words
    • Article, Illustration
      442 27 THE CLSA Shanghai B Index finished weaker at 974.48, a loss of 10.66 points. Forever and Pilkington shed 5 per cent ahead of their A shares trading today. Diesel Engine dipped 2.8 per cent on active trading. In Shenzhen, the CLSA B Index ended with a 3-point loss to
      442 words
    • Article, Illustration
      2406 27 Reuter TOKYO Stocks ended a day of see-saw trading lower, as brisk overseas buying was overwhelmed by a late flurry of arbitrage-linked selling, brokers said. Domestic investors continued to be loath to take positions until political uncertainties are dispelled. The 225-issue Nikkei Stock Average finished 246.42 points or 1.3
      Reuter; Source: Bridge Info  -  2,406 words
    • Article, Illustration
      1837 27 Reuter BANGKOK Thai stocks closed up more than 2 per cent on the better than expected results of Thai Farmers Bank at the break, brokers said. The SET index closed 38.95 points, or 2.67 per cent, higher at 1,498.09. Only the food sector ended down. The biggest gains were
      Reuter; Source: Bridge Info  -  1,837 words
    • Article, Illustration
      1130 27 Reuter JAKARTA Share prices rebounded in moderate late trading when local and foreign support returned to the market, brokers said. The official index rose 5.69 points to end at 590.47. "Although the market rebounded in the second session, we felt there was still quite a bit of pressure off-market,
      Reuter; Source: Bridge Info  -  1,130 words
    • 2515 28 Source: Bridge Info Source: Bridge Info mow tsm mm Kamunling 5Cfc 17,593.000 Fiber Group 16.644,000 Idns Hyd 50c 12.778.000 Rcnong Bhd SOc 11.243.000 Promet I0.7«3.000 AMDB 50c 8.809,000 FA("B 50c 6.654.000 Ind Oxygen Wi95 6.599.000 IGB Corpn TSR 6.008.000 Pet. Msia 5.374.000 Tan Chong 50C 5,102.000 Mctropiex 50c
      Source: Bridge Info  -  2,515 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5625 28 Bernama KUALA LUMPUR Share prices on the local bourse extended Wednesday's gains as institutional buyers picked up stocks made cheaper by the recent technical correction. Main indices ended at their highest for the day. The Emas Index of all mam board shares added 18.01 points
        Bernama; Source: Bridge Info  -  5,625 words
    • STOCK EXCHANGE OF SINGAPORE
      • 6726 29 MAW BOARD Transaction date: Jan 27 Cr Cr IMV94 I jtt Vol Day Last Qaote Dl' W* YM Nil M Cm High Law Cowpaay Sale (*000) High Law Bayer Seller Or P/E SmmI INDUSTRIAL AND COMMERCIAL 1440 260 I Aetna 1190 +10 S45 1190 1180 1190 1200 12.5 XI I.I
        6,726 words
      • 1670 30  -  By R Sivanithy SINGAPORE There were smiles all round as prices rebounded strongly yesterday, but most players were unsure how long the momentum could be sustained. After a volatile opening yesterday, stronger sentiment on Malaysian stocks spilled over here. The Straits Times Industrials Index
        Source: Bridge Info  -  1,670 words
      • 124 30  -  HOT STOCK By Quak Hiang Whai INDUSTRIAL Oxygen finished 12 cents higher yesterday at $1.73 on volume of 2.75 million shares, after hitting a low of $1.19 on Wednesday. At yesterday's closing price, the stock is still badly oversold based on the daily charts. The daily directional indicator
        124 words
  • Page 19 Advertisements
    • 313 19 UK INVESTMENT OPPORTUNITY London. Luxury Georgian-style riverside development. Prices from £154 per sq ft From Britain's Premier Housebuilder. Two phases of this FLAT HOUSE TYPE SQ. FT. PER SQ. FT. New two bedroom Georgian-style development Elizabethan Sujtes 2 bed flat 578 £181 apartments from have already been sold and Washington
      313 words

  • Page 20 Advertisements
    • 2222 20 BUSINESS TOLL-FREE TEL. No. f"800-741-1883 FAX:74I-1296 91 THE MATTER OF THE 1 COMPAMES ACT, CAP 90 AND CmCIMT SVST9MS tk AUTOOAATKMI (•J. AMA| PTI LTD If nl. nrfani (in HMMrt voluntary Liquidation) At en Extraordinary General Meeting of the Company Aiy convened end held at 698 Joo Koon Circle Singapore
      2,222 words
    • 6 20 Dividends table has been held over
      6 words
    • 232 20 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX: 741-1298 [Singapore International i Chamber of Commerce invites applications for the post of Publications/PR Manager ■m The Position: Offers an exciting challenge to someone with initiative, creative ideas and a flair for writing and PR work. |p The Responsibilities: p PP The major
      232 words


  • Page 22 Advertisements
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  • Page 23 Advertisements
    • 567 23 URA SALE OF SITES I* KEW 111 CREATING OPPORTUNITIES FOR QUALITY HOUSING The Urban Redevelopment Authority (URA) is offering for sale by public auction and public tender land parcels at Kew Drive for the development of landed properties. The Kew Drive project comprises three phases. Phase 111 Location Map Tenure
      567 words

  • Page 24 Advertisements
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    • 654 25 B U S I N E S_S__T_J_M_E_S__ TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1296 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER Of FOOD UNLIMITED PTE LTD (Provisional Liquidator* Appointed) NOTICE OF MEETING OF CREDITORS NOTICE IS HEREBY GIVEN pursuant to Section 296 of the Companies Act,
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    • 34 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead Business heats up when you make the call and place an CJLTJ. ad. 1737-11*41
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    • 1581 30 ~\\&;@(%_'=?[~{'%.;$%_,$~!.<;<) NOTICE NOTICE IS HEREBY GIVEN that, I Eng Sia Hoon of Block 78 #01-04 Yong Siak Street, Singapore 0316, have applied for a Retail Beer Shop Licence in respect of premises at M/s Eng Sia Hoon Retailing of Liquor at 7 Trengganu Street, Singapore 0105, and that this application
      1,581 words
    • 343 30 BROKERS' STOCK PICKS in Personal Finance and Investment on Saturdays M THE MATTER OF THE COMPAMES ACT, CHAPTER SO JERROLO COMMUMCATIONS ASM PACIFIC PTE LTD MEMBERS'VOLUNTARY UOUDATION At an Extraordinary General Mealing at tha Company deemed to tie held on the 21 January 1994, the following resolutions were duly passed:
      343 words

  • Shipping Times
    • 369 31 MBT KUALA LUMPUR Cabinet yesterday agreed that Malaysia and Singapore should cooperate and find ways to discourage the disposal of sludge in the sea by tankers. One of the ways was to have shipyards improve its sludge storage and treatment
      MBT  -  369 words
    • 282 31 MBT KUALA LUMPUR Developing countries should adopt an integrated approach to check pollution generated from ports, shipping and land-based activities, a Washington University professor said. "Experience has shown that without an integrated policy, it would be harder for the authorities to keep their
      MBT  -  282 words
    • 214 31 AFP TOKYO French and South Korean firms on Wednesday won separate contracts in open bidding for joint ventures with Japanese contractors for a project to build a cargo terminal at Yokohama port, south of Tokyo. A joint venture including GTM-Entrepose of France landed
      AFP  -  214 words
    • 530 31 Refinancing talks on ailing container rental firm nearing end LONDON Tiphook pic, the ailing container rental company, is expected to announce details of a financial restructuring package in the next few days, company officials said on Wednesday. Tiphook has been negotiating since last October with banks,
      530 words
    • 1113 31 Page Col ABC Containerize 12 I Accord Group 8 1-3 Africa Container 16 4 Ahrenkiel Liner 4 1/2 AOEShpg 15 4/5 ANL 3 1/2 APL 5 3-5 Appenship 8 4/5 Arabian Express 15 5 ASCL 5 5 ASXCLShpg 15 2 Avant Shpg 6
      1,113 words
    • 294 31 Reuter LONDON The Institute of London Underwriters (ILU) said marine insurers were seeing a strong upturn in premiums and predicted the trend would continue. "The pressure to increase hull premium base rates continues (after a long period of being underpriced) with differential
      Reuter  -  294 words
    • 192 31 AFP BEIJING Shipping accidents claimed 345 lives in China in the first 11 months of last year, a decrease of 31 per cent on the same 1992 period, it was reported yesterday. The number of incidents also fell by 32 per cent to 1,451,
      AFP  -  192 words
    • 262 31 Bloomberg Business News HONGKONG Continental Mariner Investment Co, a shipping company partly owned by the investment arm of China's People's Liberation Army, posted a 59.3 per cent drop in net profit in the six months ended Sep 30, 1993. In a statement,
      Bloomberg Business News  -  262 words
    • SHIPS IN PORT
      • 699 32 Vmd V«y Wo Berth fcmal Departure Vessel Voy Wo Berth *nwal Dep»ture_ Jurone Port 8atam Speed4 A8194" POIA 2701 1530 2701/1730 wSSess 194 110/11 alongside 2801 1800 Batam Speedj A8294* POIA 2801 1530 fettta 01 94 118 atoop.de 2801/2300 Batam Sceed4 ***** P01A 28 0 0700 MO
        699 words
      • 1630 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEMN6 Of EXPORT Fa CONTAINERS AND LCL CARGO Record Booking/Balance RsJts Ship Voy No Etb/Btr Period From To From Ar, n™ 28/2000 1 27/1500 27/1659 27/1900 Da,S) 2 27/1700 28/0659 28/0900 r-ZH Q49A *****00 1 27/1500 27/1659 27/1900 3 28/0700
        1,630 words
    • 11854 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      11,854 words
    • 550 47 Carbon Carbon j ma[ y 20 Density Water Residue Ash Maimm Sednwnt Deraity Water Rente Ash Ahmrom Se<fcncnt M/M M/M Exxon Exxon KG/M*3 V/V M/M M/M PPM method KG/M*3 V/V M/M M/M PPV method SD/CtaKlWBSpecBS 991 10 ftIO 30- 010* jjj J« J™ Jj 991 10
      550 words
    • 1170 47 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1.220 on Wednesday from 1.228 on Jan 25. The short-term outlook remained gloomy for capcsize bulk earners on the freight market, brokers said. Even interest from grain charterers for the bigger vessels for US Gulf grain
      1,170 words
    • 1057 48 The sale of Tiphook Container Leasing to Transamerica will make it second only to another US company, Genstar, in terms of fleet size Lloyd's List FROM time to time, the container-leasing industry goes through periods of intense upheaval, when a spate of mergers and takeovers
      Lloyd's List  -  1,057 words
    • AIR AND LAND TRANSPORT NEWS
      • 542 50 Reuter FRANKFURT Germany is not willing to accept any basic changes to a civil aviation accord agreed recently with the US, but the two sides are still seeking a solution to the problems, a transport ministry spokesman said. He said there
        Reuter  -  542 words
      • 197 50 Reuter MINNEAPOLIS NWA Inc's Northwest Airlines subsidiary said on Wednesday it has chosen First Bank System Inc to be its World Perks bank card marketing partner. The airline said it has terminated its bank card affinity agreement with Banc One Corp's Bank One
        Reuter  -  197 words
      • 62 50 Reuter LYON France A French policeman sits at a Survidar reception post at police headquarters as he monitors recorded tideo sent by' radio waves from a speed trap in this south-east city on Wednesday. A photo of the car is immediately made and attached to the
        Reuter  -  62 words
      • 288 50 NYT WASHINGTON A Clinton administration budget proposal for a 25 pef cent reduction in mass transit operating subsidies would force them to increase subway and bus fares and curtail routes and services, mayors and city officials said. The proposal in
        NYT  -  288 words
      • 213 50 AFP MONTREAL Air Canada announced on Wednesday it was dropping a suit filed against its rival Canadian Airlines International aimed at blocking its alliance with US giant American Airlines. More than a year ago. Air Canada began trying to prevent American Airlines' parent
        AFP  -  213 words
      • LOG BOOK
        • 118 50 AP CHICAGO United Airlines' ground crews approved a deal on Wednesday that would make United the biggest employee-owned company in the US. The deal is still subject to approval by the shareholders of UAL Corp. United's parent, and leaders of United's pilots union. On Wednesday,
          AP  -  118 words
        • 85 50 Reuter TOKYO Japan's car markers are unlikely to meet 1994 domestic sales targets in face of a sluggish economy and political turmoil in the country, industry analysts said on Wednesday. Japanese car makers, hoping for a recovery of the economy later this year, have forecast
          Reuter  -  85 words
        • 69 50 AFP TOKYO Japan's HSST Development Corp. a developer of magnetically levitated (maglev) vehicles, have pulled out of a project to build a linear motor railroad in Las Vegas in the US. The company, an affiliate of Japan Airlines Co Ltd, withdrew from
          AFP  -  69 words
        • 87 50 AP TOKYO A court ordered Air France's branch in Japan on Wednesday to compensate a former Japanese employee who said his superiors and company union officers used harassment and violence to force him to quit in 1984. The Chiba District Court ordered the company
          AP  -  87 words
        • 81 50 Reuter PARIS Air France said the volume of its freight traffic fell by 4.1 per cent last year compared to 1992. affected mainly by a downturn in the French economy but also by a three-week strike at the airline. Freight traffic in 1993 was 3.77
          Reuter  -  81 words
      • 1764 50 a& eta fhk tn_ Aha DhaM GA970 2240 GA928 2355 GA976 2359 flllltlHl 0F81 1930 QF82 2050 SQ227 2230 ftimttnhff KL843 0745 KL838 2335 KL837 1540 SQ26 2355 SQ323 1815 GA976 2359 Mitttw SQ348 2250 fM+tT-A NZ35 1645 SQ285 2045 SQ288 2035 BA12 2200 1. Bahrain
        1,764 words
      • 434 50 IHT STUTTGART After a leadership switch, widespread job cuts and a drastic change in the kind of cars it makes. Mer-cedes-Benz AG is now "radically rethinking" its production principles with the aim of boosting foreign content and participation in joint ventures. The latest
        IHT  -  434 words
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    • 409 32 TSKUNE AGENCIES (S) PTE. LTD. TP C! T7 V fmjfl Tel: 226-3363 5 nPJpa 1,3.J\. LINE ESSSSSU. TOKYO SENPAKU KAISHA, LTD. CR "> "wwoooon f««— m m wi<t|s« mm <ao «g mm mm roTH N KM. 12W 3101 08 82 PACffIC ARROW 0206 26.01 *2» 01 2101 01.02 0102 Ul2
      409 words
    • 1390 32 vmnT9w>»wr «J?■^jygfl^^.ftiEl'fJ.^!H^.g7!^">■• I """•I ssKssT a 31 111 f\ TilT II II "I sss— sk "irhr ,ii si xs ftfTUft tYPRfC Yfltt I lfrwii rf J 7,J *0 lUKftllS o: 006* 14? 2*2 I 143 IS3 HI I 203 233 243 213 273 213 thuu-WlT"""——wmmi Iw-jy.Jl^'JiiU. l 1 l.J'J.iL'l" 1"'
      1,390 words

  • Page 33 Advertisements
    • 1995 33 M g-> D »isjr ,6 ,,,WMOAOO,e E J^o"XTIIl A oS?M7?7?MxTS:7S M M J DOCUMENTATION TEL: *****55 (INWARDJ/*****90 (OUTWARD) PJENAI?? L T |1i2703/4^j^M2^^' CFS TEL *****6 H BOOKINGS TEL: *****80 *****81/ *****82 pr unAwr, tfi ?/3 FAX-51 *314 <OPNS> CFS (PSA F5) TEL: *****21/ *****79 jf^O R TFL 07 *****0 FAX
      1,995 words
    • 1859 33 muunsMisasssm U. S. A. /CANADA 3 TIMES A WEEK MAERSK KOBE V.9404 ETA SIN 31ST JAN 94 ANDERS MAERSK V.9490 ETA SIN IST FEB 94 AXEL MAERSK V.9404 ETA SIN 2ND FEB 94 VMM Voy ETA ETD Fttdtr by DESTINATIONS S-.-rn BipHBBBDB&pDBPBBpd CFS 91/01 2388 MRS JOH LPK PEN OAK
      1,859 words

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    • 1581 34 AOABA R DAM/ [I ALSO ACCEPTING MOM VESSEL VOY NO SPORE JEDDAH (VIA JED) S'TON H BURG A WERP HAVRE WEST MALAYSIA KITANO 23/303 29/1 7/2 13/2 16/2 19/2 21/2 23/2 Port Kelang. Penaog KAMAKURA 32/104 2/2 '9/2 22 2 20/2 Pas.f Gudang ESSEN EXPRESS 04/304 S/2 14/2 20/2 23/1
      1,581 words
    • 546 34 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul lor all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea a Vietnam a Mongolia a Hungary CSFR a Poland FULL CONTAINER SERVICE TO NORTH/WEST AFRICA FEEDER VESSEL ETA SIN NED
      546 words
    • 1268 34 NORASIA I VSL/VOY SIN ALG BCL* VAL* LMA HAM BRE#ROT ANTf rELI ARABIAN SEA 404N 03/02 23/02 26/02 27/02 27/02 28/02 01/03 01/03 03/03 04/03 I NORASIA AL MUNI A/AH 9405 3 13/02 05/03 08/03 09/03 09/03 10/03 11/03 12/03 13/03 14/03 I SEA CAVALER 406W 17/02 03/02 11/03 13/03
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  • Page 35 Advertisements
    • 1074 35 H STRAITS SHIPPING PTE LTD 10 Mm Chiang Road #11-fl Siiuoor* 0208 Uk *****1S Fax: *****17 ■■.■■iiLiM.nMiii.nimMJLlJlkllM NEW GUINEA PACIFIC LMi Cfßßdi (A OIRVICt Of CWNA HAVIBATIOM CO) s£" du s«as STRAITS VENTURE NX Mu-> L* »»J- LCL COWT*—. AMP —«MUtK »«*ICI TO MPU* OU—A warn WS. kk. Ski*. i»
      1,074 words
    • 1563 35 m SINGAPORE AGENT: UjPyA PAmfoinai»C PAO Containers (Singapore Agencies) Pte Ltd I W K jlllßß HI llCrj 10 Hoe Chiang Road #07-01 Keppei Towers. Singapore 0208 o*r T#( 225 2233 Te(ex; RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********02 EXPORT IMPOBT mi rfSHMMiiMMirTTTTnTrnrTrniTnT^^MMWM tiff rot HAM BMeor LM
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  • Page 36 Advertisements
    • 541 36 ijK EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MTANMAHTRADC 1 PAGEW KAHD»WOWK/DW«CT wluaia wb I amMM 7Maant/«iiwm» I «M 1» HO CM mWH CITY KtLVIWCKUN TO MYANMAR/YANGON 81MI COMTAMKft SERVICE M OCEANLINES m/WT itok TBW 15 2 20 2 a/? YANQON GEN. AGENT: myanmar
      541 words
    • 1439 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FM ttl ririllE HAUL SEA Ttt POX TO Wl SN IIME MAU. II RC HMUN SEATTLE 032E 28/1 MECT 17/2 11/2 IJ/2 HAIUN SEATTLE 032E 28/1 K KEEUNE MCI 1/1 8/3 8/3 HMUN TONGUE 1031 4/2
      1,439 words
    • 1353 36 if J J.J I m Bt w w w mi oa kt m no iu os ik wrc urn m w k n en n I IF 25LV2, H'l Ml }J,\ r.„ if'? "'J 11/2 H/i w* 1/1 14/1 w >»/i wj wj ji/j i/« i/« u/« w* v/* I
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    • 2104 37 1111 sex: 'CALIFORNIA PEGASUS 19E' eta sgp 02/02/94 II H II ARRIVING LOS AMSELES 19/02/94 IN IS DAYS HI II Ij AEX •NEPTUNE DIAMOND 18E' eta sgp 02/02/94 II ARRIVING NEW YORK 26/02/94 IN 23 DAYS HI VESSEL VOY rttrr LOS I OAK I VAN I SIT ATL 1 CCG
      2,104 words
    • 996 37 A MULTILINE SHIPPING PTE LTD (a member of SPBOV Group) mmXSxmm CR NO: **********0 C ENQUWES: *****33 BOOKMGS: *****64, *****51, *****31, *****13 BALTIC: tfIfVARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: MWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKMGS *****06 DOC *****07 MAR ME MSURANCE: *****(7 INVENTORY: *****59 AGENTS: KL:
      996 words

  • Page 38 Advertisements
    • 1507 38 44 AS AGENTS "R" LINE (SMGAPOIIE) PTE LTD (CR No: **********0 M) K- TT TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 W W *J* MALAYSIA T* LINE MARmME (MALAYSIA) SON BHO m V TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I INDONESIA: P.T. SAMNA LAIIT NHUWNU,
      1,507 words
    • 1110 38 @APPENSHIP (Q\ HAMBURG \T\J CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE LOAHNG FOR VASIUY MATUZENKO 2.2.94 UNISON ANTWERP 31.1.94 3.3.94 MZHENER PARKHONYUK TARRAGONA 6.2.94 6.3.94 KOALA CONTAINER LINE STORE FIX HAM ROT LEW DKK CS FRANCE VOS 29/01 23/02 24/02
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  • Page 39 Advertisements
    • 994 39 (ssaaflff PACIFIC INTERNATIONAL LINES (PTE) LTD I SS8S88? 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I BHV CR NO *****6/ooooc iiii VESSEL VOY SIN JKT SIN £L MAI 7/3 8/2 MAJAPAMIT 4141 30/1 2/2 *12 KOTA SURIA SROSN 30/1 2/2 0/2 BUNGA TERATAI 4553 1/2 4/2 0/2 SMMANCE MNOSN
      994 words
    • 1429 39 VESSELS TOY """"SlN"™"™" HAMBURG >01 TEROAM ANTWERP THAMES It HARIft WLLI K TITANA 9331W 2R/01 20/02 22/02 23/02 24/02 25/02__ ADAM ABRAHAM 7132W 05/02 01/03 03/03 04/03 05/03 06-03 TORN) EXPRESS K32H 09/02 04/03 06/03 03/03 01/03 09/03 HANSA CARMER 7332W 13/03 15/03 lt/03 17/03 U/03 •ALSO ACCEPTING CARGO TO
      1,429 words
    • 401 39 Mrift MYANMA \HBk FIVE STAR LINE (Myanmar National Line) Loading for Yanjon (Rangoon) Spore P.KIf Pen P.Gdf HPA AN vmw 7/9 Feb AVA VI2SR In Port PAGAN V 205*1 29/31 lan SM MALAYSIA AGENTS. OOUSTEAD SWPMG AGENCfS KUI TEI 03-*****00 PKL TEL 03-*****97 PEN: TEI 04-*****5 PGD TEI 07 *****1
      401 words



  • Page 42 Advertisements
    • 3055 42 c*r^r\ LUjLU smtsanmausm mamam cam sm m in tt rn\TT AIMFR iSS.W" m am £ITS--?m-«I«« vUIN 1 A-IIN C/K CtHO: 117<7<MM<I '""•"HJ* 41 UCK NO: CCSU g— mm imr. M( ||M mm UK Wt MMf W LINES SM"" FAX NO: 226 1866 (MAINI 226 220* (SALES! f T CM* twin
      3,055 words

  • Page 43 Advertisements
    • 656 43 (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 31/1 ROTTERDAM 31/1 AARHUS/COPENHAGEN 31/1 HAMBURG/BREMEN 31/1 MARSEH.LE/FRAWCE V 2 FEUXSTOWE/UK 29/1 BARCELONA/SPAIN 30/1 LEHAVRE/FRANCE 29/1 GENOA/ITALY 31/1 ANTWERP/BELGIUM 31/1 LOS ANGELES/WC/PI 29/1 SYDNEY/MELBOURNE 29/1 NEW YORK/EC 2971 FREMANTLE/ADELAIDE 30/1 VANCOUVER
      656 words
    • 1604 43 g| VESSEL VOY SM *T |y|tKL VOY MM PEN |§3 CHAIYA BHUM 3SS Fri MPt Tw 1/2 fa DEJA BHUM 4517 Fri lln Pt Sat 29/1 H |«|VESSEL VOY SIW BKK g BHATRA BHUM 14S Sal »/1 Wad 2/2 3 THAWA BHUM 15W Fri hH to »1 WM WRA BHUM
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  • Page 44 Advertisements
    • 1658 44 ■LABMN CONTAINER LINES l2K=/\ lAgents: MAC-NELB SPORE: *****22 (24 UNEB) \Z)\S 'cm nnmiim SIBU (084) *****9 KUCHINQ (082) *****3 PENANGk (04) *****8 BANGKOK (662) *****67 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK I GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 30/1 31/1
      1,658 words
    • 179 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD in i» tu srat rail auM ro«M ■UK MOt 15/2 Loading tor Mate RUVM HUWU 20/2 DischMging and Loading lot Bombay DOIPHA 10,2 Loading For Mate mm sunmc 20 2 Loading for Mate UMCEOH HIWI loading for Mate nowss inn 10 2
      179 words
    • 1033 44 O THONG SOON UNES PTE LTD 1 /\V\ 78 SHENTON WAY #10-01, SINGAPORE 0207 I VV W TEL: 227-5088 FAX: 227-6011 I jLX- RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I rmamm mm coM«*r SINGAPORE TO SARAWAK VESSEL Ivor ~S'PWE IPEST VESSEL VOY sTttT" BEST EQUATOR JADE 102/4E 02
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  • Page 45 Advertisements
    • 712 45 *J2V'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTM KWMK SOC CAAGOfS TO/FMM KOK. YOKOHAMA, NAGOYA. MOl. TOKYO*. IMM.lt*. 0«W Penani* P. Kelanj Sinfapore Elfeia* WYEVERETT V7E PT 7/28 lan KARABCVERETT VISE 03/04 Feb 08/09 Fab KAMAIEVERETT VI9E 15/16 Feb 17/18 Feb ACCEPTM6 MKMBUIK/Fa SOC CARGOCS TO/FMM CWTTAGORG, CALCUTTA WO mongla*
      712 words
    • 383 45 181. BLOWY MJIVIC/IHOH fiRQUP AM** REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELAN6/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VI 29/1 1/2 7/2 16/1 GLORY SELATAN IX 1/2 2/2 10/1 j SP PKL HCM HK KAO TIMBER TRADER XI 30/1
      383 words
    • 516 45 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE wT KARACH SARCOOHA IMHW 03/02 12/0? KAGHAH 106-HW 14/02 23/02 HIMMMI 145-HW 02/03 12/03 BOLAK 11/03 27/03 FAR EAST CONTAINER SERVICE ONLY ""fflT SIR OS* HA6 YOK HYDERABAD 126 ON 19/02 24/02 01/03 07/03 M/ 03 11/03 SARGOQHA 133-ON 07/03 12/03
      516 words
    • 600 45 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/ P. ELIZABETH VESSEL SIN DURBAN P.ELIZABETH HUIHC/102 11/02 2S/02 16/03 Yl HE/96 26/02 09/02 27/03 SHUN HE/lOi SI/03 25/03 14/04 TAO HE/82 26/03 10/O* 29/04 ACCEPTS CARGO TO JOHANNESBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO SIN TO MADRAS VESSEL SIN MOS SIN
      600 words
    • 235 45 S|N FAK EAST 2/02 KEELUNG/KAOHSIUNG 5/02 BANGKOK 31/01 MANILA/CEBU 31/01 JAKARTA/BELAWAN/SURABAYA 1/02 PORT KELANG/PENANG/E. MALAYSIA 6/02 BUSAN 6/02 TOKYO/YOKO/KOBE/NGO/OSA 6/02 HONG KONG $|N CHINA (+B#±**n) 6/02 GUANGZHOU/HUANGPU/SHENZHEN F UZHOU XIAMEN SHANTOU SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 1/02 LDN/FLX/LVP/SOU 1/02 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech.
      235 words

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    • 763 46 Handling System Co. Pte. Ltd. 136 A 138, Neil Road, #03-00, Singapore 0208 XT7 rr7 M CFB-20, Qui Rood, Singapore 2282 Teh 02-*****28 Handling System Co. Sdn. Bhd. N0.9 Lorong Cungah, ***** Port Klang, Selangor, Malaysia 24th Floor, UMBC Main Building, ***** Kuala Lumpur, Malaysia Handling System (HK) Co. Ltd.
      763 words
    • 410 46 y Conlerm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 05 FEBRUARY (Accepting to Nw Zealand parte) PENAN6 M IB JAKARTA §1« PORT KLANG 31 JAM ■owarwr os fb SSf -1 S3 HDHITU BFB BRISBANE NFB Iffl*"" >2 FEB I 'ACCZmNfi TO ALL scandmavia r«rrs KARACHI 31 JAM TEL: 323 4200 (KATHLEEN/
      410 words
    • 500 46 Next Week's Sailings FIRST FORWARDER IN ETD To: ETD asia awarded Singapore Singapore 180 9002 BY LRQA EVERY EVERY a. Bangkok SUN Jakarta SUN y^| EVERY EVERY k/\ Manila SUN Ho Chi Minh FRI U (U) J EVERY EVERY Colombo TUE Li mas sol THUR I———l MTERRADORN. SEA FREIGHT FORRMNRC
      500 words
    • 72 46 I M NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACH y NEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to KL, BANGI. SHAH A LAM ARROW EXPRESS BONDED
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    • 1101 47 j CRYSTAL FREIGHT SERVICES PTE LTD g bistai S: sisr"~" UMWH l muMrttinwi mw qamo*™ on/1 AUCKLAND 5/2 ANTWERP 31/1 DM QAM i/9 ADELAIDE 3/2 FELIXSTOWE 5/2 wnwr knwr 9/9 BRISBANE 3/2 HAMBURG 31/1 1/9 FREMANTLE 4/2 ROTTERDAM 31/1 SURABAYA 1/2 MELBOURNE 4/2 KEEUJwS vl SYDNEY 4/2 KAOHSIUNG 31/1 rww
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    • 172 47 CEYLON SHIPPING CORPH National line of Sri Lanka FULL COHTAWER SERVICE uroa wt vk cto w t ccu WU£ K TTTMO »331R 30/01 07/02 10/02 DOOM tmttvm *****1 02/02 06/02 U/02 17/*? noma* rum. m«3 27/11 31/01 mmmsu m* 02/02 07/02 waua> munu.nn mom 13/1217/02 gi> o>»«ua MOW 17/12 22/12
      172 words
    • 308 47 rcONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.24 PORTS VOY MONTTVnCO BUENOS DURBAN JAKARTA MNBAFORE ImOWC KONOI KAOOtMMA YOK ON AM* vttim AMIS"' *2 PAVLOBRAO EBQS U"D SAILED OAEtD SM Ff) Wiß W/01 2t-M/9l 81/92 PETROOVORETS 8806 SAMXP SAAEP 11/01 T/S B'pata 28/01 31/81 88-88/82 14-18/82 PCKABRtST 6807 80/01 31/01-08/02 22/02
      308 words

  • Page 48 Advertisements
    • 359 48 JL VIGOUR PACIFIC LINES NORTH PHIUIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA I VIGOUR PACFIC 9405N 28/01/94 05/02/94 VIGOUR PACFIC 9405 AN 31/01/94 05/02 94 „jSS D S& VIGOUR SINGAPORE 9406* 04/02/94 12/02/94 1 FRDAT AND MONDAY vKjounCOMtAitiiiirSEßVlCE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG 1 SINGAPORE VIGOUR PACIFIC 9405N
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    • 175 48 TITIMAS SHIPPING TRADING SDN. BHD. TITMACT. KELANG (03>36*0455 (H/Um) FM M-IMMM Tte MA 3M19 TISITA VESSELS VOV P KLANG POUT OF DESTINATION NEW LINE NO 1 2/94 2/2/94 MIRI MUARA HUA HONG SATU 1/94 IN PORT MIRI/SANOAKAN MILLION HI 1/94 IN PORT LABUAN I SENG LEONG 2/94 2/2/94 KUCHING/SI6U 0f
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    • 72 48 REGULAR FCL SVS TO: VESSEL JIN AN; JIN JIN; JIN NING PORT YICHANG; SHASHI; WUHU; NANJIANG VESSEL :JI OING; Jl RONG PORT :CHENLIANJI; ZHENJIANG; HANKOU VESSEL :JI XIANG; Jl PING PORT JIANYIN; HUANGSHI; CHENGJIANG VESSEL :Jl CHANG PORT :JIUJIANG; NANTONG; ANOING; SHANGHAI kIHJ WORLD TRACK AGENCIES lifil PTE LTD mmm
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    • 232 48 I 1. coscc> ukc conventional service VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/02 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/02 20/02 Huangpu/Guangzhou CQBCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHM A/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer
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  • Page 48 Miscellaneous
    • 704 48 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 o*oo 0900 1000 1100 1200 1300 1400 1500 1600 1700 ISOO 1900 2000 2100 2200 2300 ft 2.5 2.5 2.2 1.1 1.3 1.1 10 1.1 1.5 20 2.1 3.2 3.3 30 2.5 1.9 1.2 0.1 0.5
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  • Page 49 Advertisements
    • 946 49 A HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 VESSELS VOV m fKt Kb VESSELS VOY SM «TM MT« lEW HIM WE) PEL MM uwutct 03M~ 24/01 25/01 27/01 NOR FRBOURE 309* 31/01 11/02 11/02 19/02 20/02 20/02 22/02 NOR MALACCA 9405 A 31/01 01/02 03/02 H. CHALLENGER
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    • 474 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS Kssu m sr n uc u ctflK naca im h i m/i uuu m 1/1 s/i auurw tuki m T/2 Mua mm in i/j MUB SIT lIS 1/2 OUTEOMND VESSELS LOAM* POt SEM/HAC COSMIC PIONEER VS4 SIN 29/1 PK
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    • 825 49 JEDDAH/UK/CONTfsENT IsraK lED STON HSUK I DAM UN *Mw Accept** Cvp F« HITUO 23/103 29/1 7/2 l«/ 2 19/2 21/2 21/2 Swftanptan :to4 IK tntmfaa. MM mt (MM KAMMIMA 32/194 2/2 19/2 22/2 24/2 MtortM :to Mm*. Awtorte. o*. HWI ELBE 29/195 19/2 2S/2 1/3 3/3 SwlMwpton :toM UK tnfcatoi
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  • Page 50 Advertisements
    • 10 50 CM Vl NVfc ™ME NT**l I Tomorrow in Business Times
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    • 47 50 \+]_*{(&]>!'}'**`{.{={[~=&}/<'! We are proud to be appointed Exclusive Sales Agent for NOSTHOCEANCONTAINESCO. LTD for Southeast Asia. We also have manning crews for employment. Please contact: Alick Chia €><SP Siang Moh Cold Storage (Pie) Ltd 374/476 Tanjong Katong Road S'pore 1543 Tel: *****07, *****12, *****88 (5 lines) Fax: *****86
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