The Business Times, 16 February 1994

Microfilm: NL19044
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Wednesday February 16 1994 75*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones up 16.07 points
      42 1 Reuter NEW YORK US blue chips yesterday edged off fresh session highs at midday but cyclicals once again led a broad-based rally. At Ipm EST. the Dow Jones industrials average was up 16.07 points at 3,920.67. Reuter
      Reuter  -  42 words
    • Article
      Lock icon Third World investment set to grow
      54 1 Reuter GENEVA A United Nations study last night predicted that in the first half of the 1990s foreign direct investment in developing countries would record faster growth than in developed economies for the first time. The study was compiled for the UN Conference on
      Reuter  -  54 words
  • Article
    MARKET SUMMARY
    163 1 Stock market indices Tuesday Change STII 2.329.53 -12.45 KLSEComp 1.087.21 -6.09 Nikkei 18.974.60 -484.65 Hang Seng 11.012.33 +23.52 SET Index 1.413.97 -8.23 Jakarta Comp 582.71 -4.04 CLSA China B ...11.207.93 -17.95 Ausl All Ord 2.234.0 -4.6 FTSE 100 3.393.2 +29.7 I ucsday Previous I pm close Dow Jones
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  • Article
    Lock icon Japan trade sanctions: US acts
    285 1 AP WASHINGTON In the wake of failed US-Japan trade talks, the Clinton administration yesterday said it would begin proceedings that could lead to trade sanctions against Tokyo in early spring. A White House ofTicial said US Trade Representative Mickey Kantor was preparing to announce that
    AP  -  285 words
  • Article
    Japanese markets hammered again as Tokyo hardens stand
    338 1  -  From Anthony Rowley in TOKYO THE turmoil in Tokyo's currency and stock markets continued yesterday as Japanese government officials and others warned that any attempt by the United States to force Japan into submission on trade issues through the financial markets would
    338 words
  • Article
    S'pore and KL stocks slip, HK closes stronger
    105 1 SINGAPORE The Tokyo stock market yesterday fell sharply for the second consecutive day on worries that a strengthening yen would prolong the recession. But sentiment on the other regional bourses was mixed. The Nikkei 225 index fell 484.65 points or 2.5 per
    105 words
  • Article
    Lock icon Malaysian ringgit dives to two-year low
    118 1 Bloomberg Business News KUALA LUMPUR The Malaysian ringgit fell sharply yesterday after the central bank made it more expensive for local commercial banks to accept funds from abroad, a move aimed at deterring foreign currency speculators. In late spot trading, the ringgit plunged to
    Bloomberg Business News  -  118 words
  • Article, Illustration
    Lock icon Investment commitments in S'pore manufacturing up 12pc
    452 1  -  By Genevieve Cua SINGAPORE Investment commitments in the local manufacturing sector rose almost 12 per cent last year to $3.89 billion, despite growing competition from other regional economies seeking new capital. Economic Development Board chairman Philip Yco said yesterday that the commitments were
    Source: EDB  -  452 words
  • Article, Illustration
    Lock icon Former TDB head jailed 4 years
    483 1  -  By Ramesh Divyanathan SINGAPORE The former chief executive of the Trade Development Board (TDB), Yeo Seng Teck, was yesterday sentenced to a four-year jail term after pleading guilty to graft charges. District Judge Rajaram Ramiah, in passing sentence, said he took into account the
    AFP photo  -  483 words
  • Article
    Tussle to manage Singapore IPOs drives fees to all-time low
    613 1  -  By Shiv Taneja SINGAPORE Increased competition among local banks to underwrite and manage public share issues has driven fees to an all-time low. Industry sources say competition in the past few months has depressed mer-chant-banking fees by up to 20
    613 words
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      195 1 6 fIL. rtr <£L CASERN? c T I, a mod a per CONTENTS Spore News 2 IporeMr'sL" 17.18,19 Region* News 3,4.6 financial 20.21 Wortd News 8 Fcatares Marticts Analyse 15 Ctob/KISE. SES 2*26 EdrtonaJ 14 Regional 22 Sports 9 World 23 TV/Litestyle II Currencies 2C Reg Analysis 12.13 Simex/Commo 20.21
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      9 1 Regional Analysis: Pg 12 East Asia turns high flyer
      9 words
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      24 1 1 Jk Hock Lock Siew: Pg n \f. A tale of two contrasting bourses Motorola champions market access. Page 6 Full reports. Pages 22-26
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      16 1 Viacom wins bidding war for Paramount, Page 19 Showdown at the polls in Sabah, Page 15
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      138 1 Busuiesslrends 223 3362 :r. T ERNATIQrJAL PLAZA g?3 C Committed to Creating Better Work Environment The Bottom Line: Pg 16 Clinton must defend free trade r- i And Let 7t f—Years' Expertise 1 Work For You I' —war GR-2010 I TRADE IN YOUR COPIER FOR UP TO t|2oo For enquiries
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Wining and dining on the bourse
        277 2  -  -By Corinne Kerk ;GAINS in the stock market led to higher spending at restaurants and pubs last October and November. The latest food and beverage Cess figures from the Singapore Tourist Promotion Board show good year-on-year increases in both months. Cess collection in October
        Source: Dept of Statistics  -  277 words
    • Article
      Mitsubishi to take 30pc stake in Shell project
      419 2  -  Tie-up of chemical giants is part of $4b plan to expand Singapore's petrochemical complex By Lilian Ang MITSUBISHI Petrochemical, one of Japan's largest chemical producers, is taking a 30 per cent stake in the Shell group's $750 million styrene monomcr/propylene oxide project
      419 words
    • Article, Illustration
      Buran Darat homes may be ready by late '96
      299 2 THE FIRST waterfront homes in the mixed development on the eastern shore of Sentosa may be ready for occupation as early as late 1996. Sentosa Development Corporation officials said yesterday that reclamation work for the Buran Darat site had been completed
      299 words
    • Article
      TDB hit by 16 resignations last month
      239 2  -  By Schutz Lee SIXTEEN staff have resigned from the Trade Development Board in January, among them the board's director for international operations. Wong Meng Quang. Mr Wong, who was head of Singapore's mission in Beijing before he joined TDB in 1991, has left
      239 words
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      182 2 _:).\!].}\%>!/&&&?@=%]..~+*+\]@ I See the complete range at your lat- authorised TI dealers. And remember est, brilliant colour Dual Scan display model. ask for the Texas Instruments Singapore «yP warranty for Texas JfS* 1 1 And a promotion offer you afford to tional protection. Instruments Prfm "Ambition is the gnawing hunger
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      49 2 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
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  • SOUTH-EAST ASIA
    • Article
      Philippine-S'pore consortium buys giant pulp-and-paper firm
      344 3  -  From Al Labita in MANILA A PHILIPPINE-Singapore consortium including United Overseas Bank yesterday won a public bidding for one of South-east Asia's largest pulp and paper companies. State-owned Paper Industries Corp of the Philippines (Picop) was sold to the group for 2.42 billion pesos
      344 words
    • Article
      Two US firms still barred from doing business in Vietnam
      327 3  -  Reports from Harish Mehta in HANOI DESPITE the lifting of the US trade embargo against Vietnam, two US firms still cannot do business here. The quasi-government Overseas Private Investment Corporation (Opic) and the US Export-Import Bank (Eximbank) cannot follow the
      327 words
    • Article
      Unisys signs deal to produce IT masterplan for Viets
      263 3 HANOI The US computer firm, Unisys, has signed an agreement to produce an information technology masterplan for Vietnam. A senior official of Vietnam's Ministry of Heavy Industry told BT that Unisys signed the deal with his ministry early this month. The
      263 words
    • Article, Illustration
      Lock icon Rabin, Suharto agree to start business, economic ties: reports
      365 3 AFP JAKARTA Israeli Prime Minister Yitzak Rabin has said that he and Indonesian President Suharto have agreed that in the absence of diplomatic ties between Israel and Indonesia, the two will start business and economic relations first. "President Suharto told me
      AFP  -  365 words
    • Article, Illustration
      Lock icon Like lambs to the slaughter
      46 3 Reuter BALI Despite a ban by the Indonesian government, Balinese people still continue to slaughter turtles for ritual prayers. Because of the demand for these reptiles, the Balinese are willing to shell out up to L'Ssso (SS80) for each turtle. Reuter
      Reuter  -  46 words
    • Article
      Lock icon HBO Asia hopes to beam to HK, China, Indochina in 3 years
      305 3 AFP MANILA Officials of HBO Asia, the Singapore-based subsidiary of the US satellite television service Home Box Office, yesterday said they hoped to expand to Hongkong, China and Indochina within three years. James Maturano, sales and marketing vice-president
      AFP  -  305 words
    • Article
      New excise tax proposed for Thai-made off-road cars
      157 3 BANGKOK The Finance Ministry plans to introduce an excise tax on off-road cars assembled in Thailand, according to the Bangkok Host. The tax will be lower than the excise tax on passenger cars but higher than that on pick-up trucks, the daily
      157 words
    • Article
      Lock icon M'sian, Indon firms sign deal to build factories in Sumatra
      215 3 Bernama JAKARTA Malaysia and Indonesia have signed an agreement to build factories on Indonesia's island of Sumatra as the first joint-venture project under the "Northern Growth Triangle", development programme which includes Thailand. The new joint-venture company, FT Miel Nusantara Development.
      Bernama  -  215 words
    • ASIA NOTES
      • Article, Illustration
        Lock icon They don't want to go home
        47 3 Reuter HONGKONG Vietnamese boat people on a hunger strike at a remote island camp in Hongkong on Monday. They were protesting against a decision by an international conference in Geneva to send back all incarcerated migrants to Vietnam within two years.
        Reuter  -  47 words
      • Article
        Lock icon Japan bankruptcy debt up 53.1pc
        96 3 Reuter TOKYO Debt from bankrupt Japanese companies surged in January as businesses increasingly failed to make ends meet amid the economic recession. A debt research company said yesterday that debt from business failures rose in January by 53.1 per cent from December, to 429.36 billion
        Reuter  -  96 words
      • Article
        Lock icon Kim II-Sung-Clinton meeting?
        116 3 AFP TOKYO North Korea's absolute leader Kim II Sung is believed to have proposed a meeting with US President Bill Clinton amid the mounting crisis over North Korea's suspected nuclear arms programme. It was reported yesterday that Mr Kim made the proposal through US Southern Baptist evangelist
        AFP  -  116 words
      • Article
        Lock icon Vietnam's exports up 25pc
        122 3 Reuter HANOI Vietnam's exports rose 25 per cent in January, compared with the first month of 1993. with big increases in exports of tea, crude oil and rice, the government said yesterday. But official figures confirmed the country's tendency to run up a trade deficit as
        Reuter  -  122 words
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      421 3 30 YEARS OF DEVELOPMENT*! ADDHAR TECHNOLOGY PRODUCES HE StNGLE HAK SYSTEM Try the dose-up Are you ri&tl fur the I a see thinning or*™ 1 SMGLEHAMt SYSTEM? I The <*cretto to art quickly and seek help tofeaction, when you see the first signs of hair loss. Try the mirror test.
      421 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Civilian planes from military plant
        104 4 Reuter TAIPEI Taiwan plans to convert its military aircraft production centre into a state company making civilian planes to develop the island's fledgling aerospace industry. The Aero Industry Development Centre will produce civilian planes and parts for foreign companies after becoming a state firm, says
        Reuter  -  104 words
      • Article
        Lock icon Smaller pay rises in HK
        67 4 Bloomberg Business News HONGKONG Salaries in Hongkong are rising an average 10.5 per cent this year, lower than an 11.5 per cent increase in 1993, according to a survey of 56 prominent companies conducted by the Hong Kdng Institute of Personnel Management. The territory's inflation
        Bloomberg Business News  -  67 words
      • Article, Illustration
        Lock icon Sunrise, sunset
        56 4 AFP BEIJING Two People's Liberation Army soldiers standing guard yesterday beside an electronic signboard displaying the times of sunrise and sunset, the respective times when the national flag is raised or lowered at Tiananmen Square. This service was established on National Day 1993 (Oct 1). The flag ceremony
        AFP  -  56 words
      • Article
        Lock icon Formosa Plastics' industrial park
        93 4 Reuter TAIPEI The Formosa Plastics group, Taiwan's biggest private industrial conglomerate, says it will build a 106-hectare industrial zone housing high-technology companies in the Linkou district outside Taipei. "After years of planning, we have decided to start developing the zone in April or May and hope
        Reuter  -  93 words
      • Article
        Lock icon Shanghai sustains rapid growth
        104 4 Bloomberg Business News HONGKONG Shanghai's production of goods and services totalled 14 billion yuan (552.5 billion) in January 1994, a 22 per cent increase over the same period last year, the Beijing-backed China News Serv ices reported. The increase showed that the city was continuing to
        Bloomberg Business News  -  104 words
      • Article
        Lock icon Sino-UK talks into 14th round
        77 4 Bloomberg Business News HONGKONG Britain and China will hold their 14th round of talks on Hongkong's future defence and police needs on Feb 22-25 under the auspices of the Sino-British Joint Liaison Group (JLG), the Office of the Senior Representative of the JLG said in
        Bloomberg Business News  -  77 words
      • Article
        Lock icon Latest World Bank loan to Beijing
        95 4 Reuter BEIJING The World Bank lent U552,955 billion (554.7 billion) to China in 1993, the Finance Ministry said. The Xinhua news agency quoted the ministry as saying that the funds, channelled into 15 projects, take the amount the bank has lent to China since
        Reuter  -  95 words
      • Article
        Lock icon Farm subsidy cuts for Taipei
        85 4 AP TAIPEI Taiwan said yesterday it will cut government subsidies for farm produce by 20 per cent within six years of being admitted to the General Agreement on Tariffs and Trade. Huang Chin-rong, deputy director of the Council of Agriculture's planning department, said this did
        AP  -  85 words
    • Article
      Lock icon Beijing plans to develop HDTV, says report
      248 4 Reuter HONGKONG China hopes to join the high-technology superpowers by developing highdefinition television, a Beijingcontrolled newspaper said. The Hongkong daily Ta Kung Pao said a plan to use local technology was awaiting government approval but a working group was studying the possibility of
      Reuter  -  248 words
    • Article
      Lock icon China's central bank calls for 20-25pc money supply growth
      442 4 Top official says rise should be allowed to stay at 1993 levels Bloomberg Business News BEIJING Despite warnings that China's economy remains dangerously overheated, a top central bank official wrote in yesterday's state press that the money supply should be allowed
      Bloomberg Business News  -  442 words
    • Article
      Lock icon About 100 million poor in China, says report
      288 4 AFP BEIJING China may now have a host of millionaires but it also has 100 million poor, many of whom survive on less than USS2O (5531.65) a year, the China Youth daily said yesterday. Average income in 1992 for inhabitants of the
      AFP  -  288 words
    • Article, Illustration
      Lock icon And now a Harley boutique for Guangzhou
      79 4 AFP GUANGZHOU The country already has its rock bands and Ferraris, so why not a Hariey-Davidson accessory shop? Here, a sales clerk shows a local biker a Harley leather jacket at the first shop here to sell paraphernalia produced by the classic American
      AFP  -  79 words
    • Article
      Lock icon Sino-US venture to float 'education shares'
      611 4 Proceeds raised will benefit shareholders as well as teachers who have not been paid Reuter BEIJING A Sino-US joint venture has devised a capitalist solution for China's near-bank-rupt socialist school system US$ll.5 million (SslB million) in "education shares" that will hopefully trade on the
      Reuter  -  611 words
    • Article
      Lock icon Thailand caves in to China on Taiwan leader's visit
      321 4 AP. AFP JAKARTA Thailand, apparently bowing to pressure from China, yesterday rejected offering Taiwan President Lee Teng-hui the same kind of high-level meeting that he got in the Philippines and Indonesia. Thai government spokesman Abhisit Vejjajiva said there was "not any
      AP.; AFP  -  321 words
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      281 4 (Incorporated in Singapore) SPECIAL INTERIM DIVIDEND ANNOUNCEMENT I. DIVIDEND The Board has declared a special interim dividend of 551.45 per share net of Singapore Income Tax at 27%, which will be paid on 15th March 1994 to shareholders in the Company's Register of Members or named as Depositors in the
      281 words
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      117 4 1 WESTERN SAMOA long term international MIJ JK] [|J J M companies are the most cost effective solution for your offshore company structure. Available at an effective annual cost V\ e also provide offshore companies from: from as low as US$4OO British Virgin Islands per annum. Bahamas Bermuda Full nominee,
      117 words
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      106 5 WHO ARE THE PEOPLE The Concourse Major tenant; Amex Travel Related Services Hitachi Tower A major tenant: American Express Bank l«n« Cn.vLrA PU~ <ut~j~ rl~* Annexe WHO PUT MORE PEOPLE Bi JHL»jH 79 Anson Road Major tenant: Brawn Roc* Keppei Tower Major tenor* Sony International UO6 Mara Major tenants: Union
      106 words
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  • REST OF ASIA
    • Article
      Lock icon Japan's Cabinet approves austere budget for '94
      315 6 AP TOKYO Japan's Cabinet approved a 73 trillion yen (551.09 trillion) budget for fiseal 1994, a mere 1 per eent increase from the current year, reflecting Japan's continued fiscal doldrums. It is the first budget compiled under Prime Minister Morihiro Hosokawa since he
      AP  -  315 words
    • Article, Illustration
      Lock icon Patten warns against over-enthusiasm for China
      198 6 AFP SYDNEY Hongkong Governor Chris Patten warned yesterday that an "almost excessive enthusiasm" for China's economic development today could be replaced by an equally excessive pessimism tomorrow. He also criticised Beijing for being inconsistent in negotiations on Financing Hongkong's mammoth US$2O.3 billion (SS32 billion)
      AFP; Reuter  -  198 words
    • Article
      Lock icon Asia looks on with some concern
      484 6 US-Japan trade row Reuter TOKYO The Japan-United States trade row has given heart to some Asian nations which see Japanese Prime Minister Morihiro Hosokawa's stand against US pressure on trade as a good example to the rest of the region. "When someone stands up
      Reuter  -  484 words
    • Article
      Lock icon Motorola has long championed market access
      308 6 NYT CHICAGO It is not a surprise to see Motorola Inc emerging as the first testing ground in the developing trade dispute between the United States and Japan. Motorola has long been a leading proponent of the necessity of using sanctions to pry open
      NYT  -  308 words
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      340 6 tf3' p 1 J iey^— WgF*~~ A Mm a ir-J m- <£«£[■ I j i J tHHT M ■P BIBW T miii Br m jJ^mm |f w liL A m 4 The EPSON Stylus Series of inkjet highest print quality. You'll also discover the best quality for value in the
      340 words
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      112 7 I THE PEOPLE FROM RICHARD ELLIS. I THAT'S WHO. No matter how much space you need to lease, sell or buy, the only As one of the world's largest real estate consulting firms established name you need to know is Richard Ellis. Thafs because we're the people over two hundred
      112 words
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  • THE WORLD
    • Article
      Lock icon Clinton's advisers paint rosy 1990s
      478 8 AP WASHINGTON President Bill Clinton's Council of Economic Advisers on Monday painted a bright economic picture for the 1990s sustained growth of 2.5 to 3 per cent a year, declining unemployment, inflation below 3.5 per cent and long-term interest rates close to current levels. Along
      AP  -  478 words
    • Article, Illustration
      Think-tank chief calls for closer Europe-Asia ties
      265 8  -  By Vikram Khanna SINGAPORE Europe and Asia must forge closer links for mutual economic benefit, according to Thierry de Montbrial, director and founder of the French Institute for International Relations. a Paris-based thinktank on global political and strategic affairs. Prof De Montbrial. visiting
      265 words
    • Article
      Lock icon European Commission to slap fines on steel firms
      419 8 AFP BRUSSELS The European Commission is set to impose stitT fines on Europe's major steel firms for operating an illegal cartel. A senior EC official yesterday said that the EC's executive European Commission would announce its decision and the level of the
      AFP  -  419 words
    • Article
      Lock icon Asian exporters gain ground in race for lucrative Gulf trade
      424 8 AFP ABU DHABI Japan and other Asian countries are gaining ground in a hectic race by major industrial states to grab a bigger share of the lucrative Gulfrnarket. Official trade figures for Dubai, the main commercial centre in the Gulf,
      AFP  -  424 words
    • WORLD WATCH
      • Article
        Lock icon IG Metall plans more walkouts
        86 8 Reuter FRANKFURT Germany's IG Metall union said yesterday that it planned more vast walkouts this week in a reneved attempt to force employers into a pay deal that would avert a potentially crippling strike. The union is expected to call a strike ballot later this
        Reuter  -  86 words
      • Article, Illustration
        Lock icon To a fallen comrade
        33 8 Reuter MOSCOW British Prime Minister John Major standing silent next to a wreath after placing it at the tomb of the Unknown Soldier near the Kremlin in Moscow. Reuter
        Reuter  -  33 words
      • Article
        Lock icon French industrial output unchanged
        59 8 AFP PARIS French industrial production was little changed overall in January by comparison with the November-December period, which was marked by a rally, the Bank of France said in its monthly report on business conditions. Foreign demand for French industrial goods remained good, particularly in North
        AFP  -  59 words
      • Article
        Lock icon UK retail index forecast to fall
        124 8 Reuter LONDON UK inflation data due today will show a sharp jump in January, but there is no cause for alarm as technical factors are behind the trend, which is unlikely to last, analysts say. Market consensus predicts that the retail price index (RPI)
        Reuter  -  124 words
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      264 8 Wang Wild Wejt Prosperity T'~ ir House c u- CbaCbaCba Jiang Tavern n Sayna River Court LOU The Cannery Indon^lan Noo3U Mexican Merchant*)' Court *02-04 Restaurant Restaurant Hotstones, steah Chinese Cuuuu, Shophouse Row Shopbouseßow Chinese Seafood e? Ml-04 HOI-09 obopbouse Row Restaurant local cuisine L Tel: 339 6388 Teh *****60
      264 words
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  • SPORTS
    • Article, Illustration
      Lock icon Asians take 5 of top 9 speedskating places
      393 9 XVII Winter Olympic Games AP LILLEHAMMER, Norway Japan's Manabu Horii won the bronze medal behind two Russians on Monday as Asians took five of the top nine positions in the Olympic men's 500 m speedskating. Meanwhile, Japan's best gold medal hope, Nordic
      AP; AFP  -  393 words
    • Article
      Lock icon Norway leads with two gold medals
      591 9 AP LILLEHAMMER, Norway Norwegians, unfazed by kilometre after kilometre of skiing or skating, have given the host nation a sizzling start in the Olympic medals race. Now it's the turn of Russians who skate in sprints or jumps or spins. Russian successes in men's
      AP  -  591 words
    • Article, Illustration
      Lock icon Corey Pavin proves he is king of the greens
      467 9 Golf NYT LOS ANGELES He has always run counter to prevailing wisdom. Throughout his career, Corey Pavin has fought glib characterisations that held he was too short off the tee and too small of stature to ever stand tall among the
      NYT  -  467 words
    • Article
      Lock icon Shaq, the new wunderkid in the NBA firmament
      478 9 AFP WASHINGTON Orlando's Shaquille O'Neal has slam dunked his way to riches, replacing Michael Jordan as the National Basketball Association's top scorer and moneymaker. "Shaq" leads the NBA with 28.S points a game and could be the first centre to win the
      AFP  -  478 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Athletics
        97 9 Reuter SYDNEY American athlete Carl Lewis yesterday declared he was capable of lowering his own world record for the 100 m this year. The multiple Olympic gold medalist sprinter and long jumper said he had recovered from a troubling back injury after taking a 12month break from the sport.
        Reuter  -  97 words
      • Article, Illustration
        Lock icon Golf
        130 9 AP AFP LONDON Organisers of the World Championship of Golf have made two changes in the qualifying events for this year's tournament. Winners of the Ryder Open and the World Series of Golt tournaments will gain automatic ehtry to the 1994 World Championship, set for Dec 15-18. The Ryder
        AP; AFP  -  130 words
      • Article, Illustration
        Lock icon Ice hockey
        25 9 Reuter NEW YORK Results of NHL games Monday: NY Rangers 4 Quebec 2; Chicago 4 Calgary 2; Boston 3 Los Angeles 2 (OT).
        Reuter  -  25 words
      • Article, Illustration
        Lock icon Tennis
        183 9 Reuter AFP AFP BEUING Taiwan star Wang Shi-Ting the top seed, pulled out of the Beijing Open here yesterday complaining of fever and tendonitis. The world No 28 said she had suffered from tendonitis in her right elbow since the Australia Open last month. The tournament is the first
        Reuter; AFP  -  183 words
      • Article, Illustration
        Lock icon Soccer
        123 9 AFP Reuter HONGKONG Asia's most successful footballer. South Korean Cha Beum Keun. says he is "ashamed for Asia" by the standard of regional football he discovered on his return from a glittering career in Europe in 1989. "The Asian Football Confederation need to take the lead," said Cha here
        AFP; Reuter  -  123 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      129 9 BNZ House I 30 The Esplanade I Perth Western Australia I For Sale By Tender I You are invited to register your interest in the purchase of this superb office building. 77% leased to quality tenants including the Bank of New Zealand Long term leases Prominent location 12 storey building
      129 words
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      Page 9 Advertisements Column 2
      59 9 RAW FISH BBli WITHOUT Bi THE RAW jpg What you get instead is traditional Sg Teochew-style Yu Sheng, or if you prefer, j||gs Salmon Yu Sheng. Whatever your choice, you can be assured that we only serve the freshest of raw fish with the added touch HUNG RANG RESTAURANT 38
      59 words
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      715 10 pj Nothing Beats A Bud, GENUINE TASTE OFITALY. 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 BIK 833 »103 ROYALV«.LE BLHOT TIMAH
      715 words
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      Page 10 Advertisements Column 2
      218 10 WHERE TO WINE, DINE AND ENTERTAIN i 2S 15" XIAN FOOD FESTIVAL (February 14 to 27) Famous Xian cuisine prepared by a quintet of Xian chefs, flown in by Silk Air Cafe Plaza Buffet Lunch Dinner Adult: $18.50** Child $12.00 r€ SUJOOWOW A la carte Xian dishes for lunch and
      218 words
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      Page 10 Advertisements Column 3
      308 10 IN7Q THEEfylTWWr.'j^ Enioy an unforgettable evening of spectacular world-class revues at the Neptune. And our Earty Dinner Special menu prepared bv experienced Hong Kong chefs. Free parking in the evening. Showtime*: B.oopm to 1.30pm 9.30pm to 10.00pm J* In Oma Um Hm. r Qm,. <N t 0104 Td mail ini
      308 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon No Lennon, no reunion
      438 11 CHATTERBOX Reuter UPI UPI UPI pali. McCartney was quoted on Monday as saying that reports of a Beatles reunion concert in New York later this year were "rubbish". The Daily Express quoted fellow Beatle George Harrison as saying: "There will never be a Beatles reunion as
      Reuter; UPI  -  438 words
    • Article, Illustration
      Rushdie's ordeal five years on
      685 11  -  Is Salman Rushdie to blame for his present predicament? Neville Stack discusses the issue Neville Stack FOR five years, Salman Rushdie, author of The Satanic Verses, has lived in hiding, under a death sentence against which there is no appeal. Rushdie, an Indian-born nonpractising Muslim,
      685 words
    • Article, Illustration
      Lock icon Love sizzles in the cold
      371 11 Reuter LOVESICK Britons indulged in their usual display of Valentine's Day sentimentality on Monday, with reams of newspaper advertisements full of slushy messages like "Bubsy, you're my Rub-a-Dubsy". But as the romantic occasion dawned with a burst of freezing weather, many attempts to say "I
      Reuter; AFP  -  371 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      215 11 fetouarVhighuwits ■H Now you can get a meal of your favourite dishes mJm at a great affordable price. Savour Nonya WAM specialities like Ayam Buah Kcluak, Babi Pongtay, PI Nonya Laksa etc.-It's the best try down town M 9 season! Set Lunch Xvy> (Inclusive of main coursc 'kl, coffcc/tea> 5:
      215 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1368 11 TV RADIO murder forces a oted Southern Sheriff (in the HF of Rod Steiger) to accept g, .jr the help of a black sorry African-American detective w Mf (Sidney Poitier) from the B 4K ~^B|B North. Norman Jewison direct- B iB 1 ed this 1967 thriller which won -^B five
      1,368 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      East Asia turns high flyer overnight
      1315 12  -  Aerospace: Asia's defence-industrial complex Special to BT ROBERT KARNOIL ROBERT KARNOIL The writer is the Asia-Pacific editor of Jane's Defence Weekly. London, and an authority on defence and security matters EAST ASIA'S emergence as a key market for military aerospace products has spawned the
      1,315 words
    • Article, Illustration
      India's no lumbering elephant when it conies to aerospace
      1272 12  -  Special to BT HORMUZ MAMA HORMUZ MAMA The writer is a senior editor for Airport Foriim of Germany. Asia editor for Interavia Aerospace World of Switzerland, and South Asia correspondent for the UK journal. International Defence Review. He is a fellow
      1,272 words
    • Article, Illustration
      Regional makers find their niches
      1386 13  -  Special to BT Aerospace: Asia manufactures for the civilian jet age JOHN STACKHOUSE JOHN STACKHOUSE The writer is senior correspondent in Australia and New Zealand for Aerospace magazine, published from Singapore IN ASIA, governments see the aircraft industry as a highway into high technologies, which
      1,386 words
    • Article, Illustration
      Indonesia taking on the giants despite keen competition
      1429 13  -  Special to BT TERENCE HARDEMAN TERENCE HARDEMAN The writer is group editor of Asian Business Press, which publishes Aerospace magazine MALAYSIA'S recent purchase of 32 Indonesian-as-sembled CN-235 military transport aircraft, concluded at the Langkawi International Aerospace and Maritime exhibition in December. marked
      1,429 words
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  • Article
    Recovery is within Australia's grasp
    509 14 EDITORIAL THE STRIKE by Australian stevedores, which has all but idled the country's major ports, shows how quickly growth forecasts can seem too optimistic. Just two weeks ago. Australian Treasurer Ralph Willis spoke of the "best conjuncture of economic fundamentals for 30 years". With the
    509 words
  • WHAT THE OTHERS SAY
    • Article
      Love ties of the family
      193 14 IF Singaporeans have the impression recently that there has been more talk than usual about family values, they are not mistaken. Prime Minister Goh Chok Tong and the Minister of Information and the Arts and Health, BG (NS) George Yeo, both spoke about them. For
      193 words
    • Article
      Break the deadlock
      140 14 WHILE THE United States is slowly recovering from its economic slump, the Clinton Administration has to come to grips with the question of reducing the US$5O billion trade deficit with Japan. However, the recent summit between President Clinton and Japanese Prime Minister Morihiro Hosokawa has failed to
      140 words
    • Article
      Model for the future
      153 14 THE private sector power generation contract concluded by the Indonesian government and a consortium of Indonesian, Japanese and American companies on Saturday will surely boost the momentum for other private power projects still under negotiation because it can serve as a basic model for similar agreements.
      153 words
    • Article
      Gearing up for tough times
      187 14 WHEN President Bill Clinton emerged from his meeting with Japanese Prime Minister Morihiro Hosokawa proclaiming no agreement was better than an empty agreement, the message was clear: tough times lie ahead between the two economic powerhouses. The question is how tough Mr Clinton will be
      187 words
    • Article
      Justify a taxi fare hike
      172 14 ON THE first Monday of the Year of the Dog, NTUC Comfort raised the rental of its fleet of rented taxis by 7 per cent, resulting in public concern that taxi fares will soon be increased too. We understand that if we want an efficient
      172 words
    • Article
      Sew up the details fast
      144 14 ALTHOUGH Israel and the Palestine Liberation Organisation (PLO) signed a historic accord in Washington last September, progress on Palestinian self-rule has been at a standstill. Implementation of the accord has been held up for almost two months, with the two sides disagreeing over details. Under
      144 words
  • Article
    Coping with the demise of the welfare state
    1137 14  -  Vikram Khanna finds out how the US, Germany and Japan plan to tackle the problem of providing for their ageing baby boomers Vikram Khanna The writer, BT's Regional Economics Editor, covered the recent World Economic Forum annual meeting in Davos, Switzerland THE
    1,137 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      156 14 t/ c The future is now 34th JBX World Advertising Congress May 15-18, 1994 Cancun, Mexico In the rhythm of world history, the day to day changes in our profession lead us to constantly revise our goals. Time to reflect has come with the 34th World Advertising Congress 1994. Acknowledged
      156 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      58 14 I^ußse/ 1 iwejusr uo?<eo «"P lk£ somemiNG to Sfcp (Nuescy Ses iDGer H wSp fill POONESBURY GARRY TRUDEAU IE UDYOLIKNOtUTHB PRESIDENT BB^?Tr^N~ R HEACMfIND WtffvG Hi ONCESUMMONED?MB 10CAMP KIT I l/OP/MM 1 OAW'HeREVEAiePTOHEHK THAT'S AN S W ZJ± 7 H| I FAUMJGCW VISION HOR. THE IRANIAN INITIA- AMAZING THANKS HMPSA£3?
      58 words
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  • ANALYSIS
    • Article, Illustration
      Gearing up for a showdown in Sabah
      1235 15  -  Sabahans go to the polls later this week. Leslie Lopez reports from Kota Kinabalu on what is at stake and assesses the prevailing mood Leslie Lopez The writer is BT's Kuala Lumpur Correspondent THE PEOPLE of Sabah have a long tradition of doing
      1,235 words
    • Article
      Lock icon Taiwan encourages its businessmen to look south
      883 15 Excited about the promise of a huge consumer market in Asean and Indochina, Taipei is keen to get a foothold in the area The Free China Journal TAIWAN'S Ministry of Economic Affairs (MOEA) has plotted the coordinates of its plan to encourage Taiwanese
      The Free China Journal  -  883 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      145 15 B U S I N E S S TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX: 74.1-1298 INSTITUTIONAL SALES HONG KONG Peregrine Brokerage Ltd is a leading member of the Hong Kong Stock Exchange and a subsidiary of one of the region's most successful investment banking groups. We are seeking a highly
      145 words
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  • Article
    Lock icon Hosokawa hits new minefield with Cabinet reshuffle plan
    481 16 Reuter TOKYO As markets fell on fears of a Japan-US trade war. Prime Minister Morihiro Hosokawa yesterday stepped into a new political minefield when two coalition parties vetoed his Cabinet reshuffle plans. Mr Hosokawa said he had asked leaders of the Socialists,
    Reuter  -  481 words
  • Article, Illustration
    Lock icon Waterfront dispute may be Australia's worst
    385 16 Reuter SYDNEY The waterfront dispute which has shut down the operations of Australia's largest stevedoring company could become the worst in Australia's history, the company's head said yesterday. "This dispute has the potential to be the biggest the Australian waterfront has seen," Captain Jim
    Reuter  -  385 words
  • Article
    Lock icon Murdoch warns BBC to address China, India complaints
    311 16 Reuter. AFP NEW DELHI Media baron Rupert Murdoch said yesterday the British Broadcasting Corporation (BBC) could lose a key channel on his Star TV satellite network unless it addressed bias charges levelled by India and China. Mr Murdoch said he was inclined
    Reuter.; AFP  -  311 words
  • Article, Illustration
    Clinton must stand firmer in defence of free trade
    736 16  -  The Bottom Line REGINALD DALE REGINALD DALE The writer is a columnist with the International Herald Tribune, where this commentary? first appeared WE ALL know what America stands for. America is for free trade and open markets and against government intervention.
    736 words
  • Article
    Lock icon Suharto calls for stronger tourism ties with S'pore
    360 16 The Straits Times JAKARTA President Suharto said yesterday that he was pleased with the current state of bilateral relations with Singapore and suggested that both countries expand their cooperation in the field of tourism. Because of Singapore's strategic location and excellent facilities
    The Straits Times  -  360 words
  • Article
    No decision yet on US threat to withdraw GSP from Indonesia
    309 16 WASHINGTON The US has postponed a decision on the withdrawal of a trade privilege from Indonesia. Diane Wafdman. a spokesman from the Office of the US Trade Representative, told BT yesterday that the decision had been postponed by at
    309 words
  • Article
    Lock icon Thai Airways says profit jump due to world recovery, cheaper fuel
    331 16 Reuter BANGKOK Thai Airways International said its 817 per cent jump in net profits in the first quarter of 1993 was the result of the world economic recovery, reduced fuel costs and the launch of its new frequent flyer
    Reuter  -  331 words
  • Article
    Lock icon Mobile phone sales in China set to soar
    207 16 Bloomberg Business News BEIJING Explosive growth in the use of mobile phones and pagers will see China's market for mobile telecommunications equipment clear US$l (X) billion (SSISB billion) in sales during the next 20 years, the official People's Daily said. Citing a
    Bloomberg Business News  -  207 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      106 16 KAISER KITCHEN SYSTEM v(& Un Toss the tradrtional raw fish salad y r to hearty cheers ol Lao Qi' (Lo Hei) i V (f s-b The auspicious New Year cfch that V-—-Vsymbofees success and the i renewa 1,68 be,ween 'OT*y Other ausptcioos New Year Dishes i Prosperity Success In i
      106 words
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      Page 16 Advertisements Column 2
      8 16 Editorial: Recovery is within Australia's grasp, Pg 14
      8 words
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      Page 16 Advertisements Column 3
      31 16 KAISER KITCHEN SYSTEM L Fully Furnished/Personalised Telephone Answering From 8 30am to 11 00pni/24 Hours Computerised Message Retrieval/Secretarial Administrative Support/Full Facilities/? 4 Hours Access Available On Temporary Or Permanent Basis "i
      31 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        36 17 Subdued the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter senti2fTf/ polled: Alliance. Datwa. Fraser. Kay Hian. Ongco. Phillip. Smith New Court. Tat Ijee. and W Carr
        36 words
      • Article, Illustration
        HOT STOCK
        148 17  -  By Paul Leo Hong Leong Finance is a worthwhile purchase at $4.44, as the short and medium-term technicals are bullish. The Daily Moving Average Convergence-Divergence indicator signals a buy. And the daily Relative Strength Index and stochastics are at zero, indicating a deeply oversold situation. The weekly RSI
        148 words
    • Article
      Scheme to assist firms seeking listings attracts 13 hopefuls
      411 17  -  By Schutz Lee SINGAPORE Thirteen small and medium-sized enterprises in Singapore are interested in going public in the near future, and are seeking support under a special scheme. The firms have turned to the Public Listing Assistance Scheme (Plas), launched last
      411 words
    • Article
      Datapulse fixed-price shares subscribed 30 times, tender portion two times
      292 17 SINGAPORE Micro floppy diskette maker Datapulse Technology's initial public offer, which closed yesterday, has received an overall subscription rate of more than 10 times. A breakdown showed that the fixed-price portion was subscribed by more than 30 times, while the
      292 words
    • Article
      Robinson's plans Lane Crawford Place outlet
      309 17  -  By Abdul Hadhi SINGAPORE Listed retailer Robinson Co is planning to open a 15,000 sq ft (1,394 sq m) branch outlet in Lane Crawford Place along Orchard Road. Robinson's chief executive Peter Husum confirmed yesterday the outlet has been scheduled to open on May
      309 words
    • Article
      Sun Corp unit to pay US$15m for ship
      136 17 SINGAPORE Serene Sky Shipping, a member of the Sun Corp group, has entered into an agreement to buy a ship, M V Phlox, for US$l4.9 million (SS23.S million). The purchase is made from Neo Chrysanthemum Maritime and Neo Cymbidium Maritime, Sun Corp
      136 words
    • Article
      KLSE and SES: A tale of two contrasting bourses
      803 17  -  HOCK LOCK SIEW By Amy Balan SINGAPORE The Kuala Lumpur Stock Exchange has every reason to be proud. It was one of the world's best performing markets last year and now has a market capitalisation of over MS6OO billion (***** billion).
      803 words
    • Article, Illustration
      CityDev unit buys New York hotel for US$75m
      286 17  -  By Abdul Hadhi SINGAPORE CDL Hotels International, a subsidiary of locally-listed City Developments, has bought the Hotel Millenium in New York for US$75 million (SSI 18 million). CDL Hotels announced the purchase yesterday, adding that Hilton Hotels Corp, US, will manage the
      286 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          URA okay for Lum Chang project
          53 18 SINGAPORE Oxford Gardens Pte Ltd, a wholly-owned Lum Chang Holdings subsidiary, has obtained provisional permission from the Urban Redevelopment Authority to develop a condominium project in Chinatown. The 9,176 sq m site at the former Yeung Ching School at Club Street has a plot
          53 words
        • Article
          Lock icon AP Land share price soars
          76 18 Reuter KUALA LUMPUR Asia Pacific Land Bhd (AP Land) shares surged when trading resumed yesterday after a two-month suspension. The counter jumped to a high of M 53.94 before falling back to M 53.64, against its pre-suspension close of MS 1.37. It was the most
          Reuter  -  76 words
        • Article
          Michael Fam sells F&N shares
          27 18 SINGAPORE Michael Fam, executive chairman of Fraser and Neave, has sold 20,000 F&N shares at $19.60 each, or a total of $392,000.
          27 words
        • Article
          Lock icon Public Bank to buy M$334m building
          69 18 Bernama KUALA LUMPUR Public Bank Bhd is to buy a new modem intelligent building known as Wisma Kewalram for M 5334.05 million (SSI9O million) cash to house its expanding operations under one roof, its president Teh Hong Piow said yesterday. To finance the acquisition.
          Bernama  -  69 words
        • Article
          Lock icon Tenaga, GE form joint venture
          38 18 Reuter KUALA LUMPUR State power firm Tenaga Nasional Berhad plans to develop and manage a gas turbine repair facility through a joint venture with General Electric Technical Services Company of the US. Reuter
          Reuter  -  38 words
        • Article
          Lock icon Time Engineering MD's new post
          31 18 Bernama KUALA LUMPUR Mohd Jaafar Ismail, the group managing director of Time Engineering Bhd, has been appointed chaiiman and director of EPE Power Corporation Berhad. Bernama
          Bernama  -  31 words
      • Article
        Gadjah Tunggal raises US$235m from share sale
        226 18  -  By William Chia SINGAPORE Indonesian tyre manufacturer PT Gadjah Tunggal has raised US$235 million (SS37I million) through the sale of 100 million rights shares to international investors. DBS Bank yesterday said this was the largest international offering to date in terms of funds
        226 words
      • Article
        Lock icon D&C Bank posts 63pc rise in group's profit, plans revamp
        572 18 Bernama KUALA LUMPUR Development Commercial Bank Bhd yesterday reported a 63 per cent increase in group net earnings to M$ 143.73 million (5582.2 million) for the year ended Dec 31, 1993. Its chief executive officer Ismail Zakaria also disclosed at
        Bernama  -  572 words
      • Article
        Rothmans Industries to pay special interim dividend
        420 18  -  By Ven Sreenivasan SINGAPORE Rothmans Industries Ltd yesterday announced that it would pay out a special interim dividend of 551.45 per share. Rothmans announced that the dividend will be paid on March 15 to shareholders on the company's register of members. Those named
        420 words
      • Article
        Keppel Corp finance units move closer to merger
        134 18 SINGAPORE Conglomerate keppel Corp has moved one step closer towards merging the operations of its two finance subsidiaries Asia Building Society (ABS) and Keppel Finance. In a statement yesterday, the group said that another subsidiary, K Investment Holdings (KIH), had increased its
        134 words
      • Article
        Philseco shipyard sale not final, says tycoon Gokongwei
        410 18  -  From Al Labita in MANILA TYCOON John Gokongwei's lawyers yesterday branded as "erroneous" the claim by Kepphil Shipyard that the sale of Philseco shipyard to Philyard was "final." "The matter is, for all intents and purposes, far from over," the lawyers said
        410 words
      • Article
        Untitled
        722 18 Feb 16 1MB Invest Mft Ltd Ihfiwri Unit Trad Unifiind 1.52 158 The Commerce 1.82 1.91 Un!!!aGr Fund L66 !?j 0 75 0.79 Un-ed Asa Fund 93 2.03S"pore Sec Fund 1.10 1.16 PndMtM S pore Invest Fund 1.32 1.39 PmLmk Med Fund I 419 I 444 S pore Equity Fund
        722 words
      • Article
        Lock icon Bangkok Land's profits up 8pc in third quarter
        272 18 Reuter BANGKOK Thai property giant Bangkok Land pic reported that consolidated profits for the third quarter were 8.4 per cent higher, which analysts said was just in line with expectations. Consolidated net profits for the third quarter to Dec 31. 1993, were
        Reuter  -  272 words
      • Article
        Lock icon Thai group bids for private TV channel
        143 18 AP BANGKOK The Nation Publishing Group, a leading newspaper publisher, said yesterday it has formed an alliance with a government-owned bank and three media firms to bid for Thailand's first private television channel. The government is ofTering the UHF (ultra high frequency) concession.
        AP  -  143 words
      • Article
        Lock icon Profits of Bangkok Post publisher down 17.5pc
        204 18 Reuter BANGKOK Thailand's The Post Publishing pic saw a 17.5 per cent drop in profits in 1993 because of flat advertising revenues in the first half, the launch of a new paper and hefty depreciation charges from the move of its newspaper offices,
        Reuter  -  204 words
      • Article
        Philippine securities body tightens rules in run-up to one exchange
        409 18  -  From Al Labita in MANILA THE Securities and Exchange Commission (SEC) has begun tightening rules on brokers to weed out those inactive in the run-up to a unified stock exchange this year. In its latest memorandum, the SEC has given
        409 words
      • Article
        Lock icon Viacom wins bidding war for Paramount with 74.6pc stake
        819 19 MTV's parent company paying a high USs9.7sb for the takeover NYT NEW YORK Viacom Inc, the parent company of MTV and Nickelodeon, announced yesterday morning that it had won the bidding war for Paramount Communications, collecting almost 75 per cent of
        NYT  -  819 words
      • Article, Illustration
        Lock icon Microsoft to buy maker of animation software in US$130m stock deal
        265 19 Reuter REDMOND, Washington In a move underscoring its commitment to digital multimedia, Microsoft Corp says it has agreed to acquire Softimage Inc, a developer of computer animation software, in a US$l3O million (SS2OS million) stock deal. The acquisition, the
        Reuter  -  265 words
      • Article
        Lock icon Japanese developer sells part of Westin Hotels chain
        126 19 AP NEW YORK Aoki Corp. a large Japanese developer that purchased US-based Westin Hotels and Resorts more than six years ago for US$l.53 billion (552.4 billion), is selling a large chunk of the chain to a Mexican competitor for US$7OB million. The
        AP  -  126 words
      • Article
        Lock icon Three major companies contribute US$3b to implants settlement
        472 19 AP WASHINGTON Three major companies including Dow Coming Corp. once the largest maker of silicone breast implants in the US have announced that they will contribute more than USS3 billion (554.7 billion) to a U554.75 billion settlement with thousands of women who
        AP  -  472 words
      • Article, Illustration
        Lock icon BA 3rd quarter pre-tax profit trebles on stronger demand
        199 19 Bloomberg Business News LONDON British Airways pic reported third-quarter pretax profit of £65 million (SSISI million), more than triple the ycar-ago period, on stronger demand and increase in higher-paying passengers. The year-ago third-quarter profit of £20 million was low because the
        Bloomberg Business News  -  199 words
      • COMPANY BRIEFS
        • Article
          Lock icon HK firm takes stake in China plant
          81 19 Bloomberg Business News HONGKONG Hongkong's shoemaker and retailer Le Saunda Holdings said its subsidiary has entered into a tentative agreement to buy 70 per cent of a transformer plant in Guangdong. China, for HK$25O million (Sssl million). In a statement, Le Saunda said
          Bloomberg Business News  -  81 words
        • Article
          National Mutual replaces CEO
          88 19 HONGKONG National Mutual, the insurer rocked last month by the sudden and controversial departure of chief executive Andrew Yang, has moved to restore confidence by replacing him with the former head of its recently sold British operation, the Eastern Express reported. Terry Smith, a 28-year National
          88 words
        • Article
          Lock icon China steel maker turns in record output
          101 19 Reuter HONGKONG Maanshan Iron Steel Co Ltd. one of China's biggest iron and steel makers, said it had record output of pig iron, steel and steel products in January. It boosted pig iron output to 210,200 tonnes in January, up 5 per cent
          Reuter  -  101 words
        • Article
          Lock icon IBJ unit to lead-manage Nissan offer
          98 19 AFP TOKYO A brokerage subsidiary of the Industrial Bank of Japan Ltd will lead-manage a five-to-six-year 20 billion yen (SS3OO million) domestic bond offering by Japan's No 2 carmaker Nissan Motor Co Ltd, company officials said yesterday. IBJ Securities Co Ltd will be the
          AFP  -  98 words
        • Article
          Lock icon BAe expected to sell satellite unit
          75 19 AFP LONDON British Aerospace (BAe) is expected to announce the sale of its satellite subsidiary to French defence group Matra Marconi Space (MMS), the British press reported on Monday. A BAe spokesman confirmed that talks with MMS were underway. Discussions between the two groups
          AFP  -  75 words
      • Article
        Lock icon Foster's planning third brewing venture in China
        264 19 Reuter MELBOURNE Foster's Brewing Group Ltd is looking to set up a third brewing joint venture in China, targeting the Beijing area, managing director Ted Kunkel said yesterday. Mr Kunkel said he expected a rationalisation of the brewing industry in China where Foster's
        Reuter  -  264 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Trading at Simex holds firm despite Nikkei-300 launch
        539 20 Reuter SINGAPORE The Singapore International Monetary Exchange (Simex) Nikkei-225 futures contract is holding ground against Japan's Nikkei--300, launched on Monday in Osaka. Traders worried that the Simex Nikkei-225 would stay liquid in the face of the new competition heaved a sigh of
        Reuter  -  539 words
      • Article
        Belgium's Bank Brussel Lambert picks S'pore as site for Asian regional HQ
        325 20  -  By Quak Hiang Whai SINGAPORE Belgium's Bank Brussel Lambert will soon make Singapore its Asian headquarters. The bank, which currently operates an offshore branch and a merchant banking subsidiary here, says the Singapore unit will soon oversee a
        325 words
      • Article, Illustration
        Lock icon US producers near targets on aluminium output cuts
        301 20 Reuter NEW YORK US aluminium producers have made most of the output cuts necessary to meet their implied target under a recent multilateral agreement, analysts said yesterday. While further cuts by US producers were still thought possible, some analysts also argued that
        Reuter  -  301 words
      • SMALL CHANGE
        • Article
          Lock icon Duff & Phelps to spin off credit unit
          95 20 Duff Phelps to spin off credit unit Bloomberg Business News CHICAGO Duff Phelps has announced plans to spin ofT its credit-rating agency to shareholders, a move that could clear the way for the financial services company to affiliate with banks in managing mutual funds and other investment products. The Federal
          Bloomberg Business News  -  95 words
        • Article
          Lock icon Treuhand may sue Bank Austria
          78 20 Reuter BERLIN Treuhand said it is considering suing Bank Austria AG over 500 million marks (***** million) in cash allegedly funnelled out of east Germany by two firms linked to the Austrian Communist Party. A decision should come in the next weeks. Josef Dierdorf, a
          Reuter  -  78 words
        • Article
          Lock icon Liffe's business development head quits
          51 20 Bloomberg Business News LONDON The London International Financial Futures Options Exchange said Roger Barton has resigned as managing director of business development. Mr Barton said he will leave the exchange "in the near future" before looking for another job within the securities industry. Bloomberg Business
          Bloomberg Business News  -  51 words
        • Article
          Lock icon Profit of Aussie bank Metway soars
          61 20 Bloomberg Business News BRISBANE Metway Bank, a regional bank in Queensland state, said its net first-half profit rose 86 per cent, reflecting record lending. The bank said profit rose to A 521.8 million (5524.5 million), or 18.66 cents a share, from AS 11.7 million,
          Bloomberg Business News  -  61 words
        • Article
          Lock icon Lankan fund aims to raise US$40m
          72 20 Reuter COLOMBO Sri Lanka's second country fund the Sri Lanka Growth Fund aims to raise USS4O million (5563.3 million), said an official from the fund promoters. Smith New Court Far East. It will be listed on the Dublin Stock Exchange and managed by Carlson,
          Reuter  -  72 words
      • Article
        Lock icon Bank of England chief stresses exchange rate's key role in UK policy
        389 20 Bloomberg Business News LONDON The exchange rate still played an important role in the formation and execution of the United Kingdom's monetary policy. Bank of England associate director lan Plenderleith said yesterday. "No one should be in any
        Bloomberg Business News  -  389 words
      • Article
        Lock icon Indian bullion dealers seek to revive futures trading
        164 20 Reuter BOMBAY India's bullion dealers, reporting buoyant business after casing of restrictions on gold and silver imports, now want the revival of futures trading in both metals in the next phase of the country's economic reforms. Dealers at a weekend seminar near
        Reuter  -  164 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        155 20 THE DOLLAR was lower across the board yesterday morning, following huge selling in dollar yen which saw it shedding some three yen. The US dollar opened at 1.5780-00 against the SS. off from its 1.5833-38 close the previous day. Some initial selling in the market
        155 words
      • Article
        Lock icon London
        186 20 Reuter LONDON The dollar was looking more than a little punch-drunk in late European business yesterday with the yen still firm after the breakdown of trade talks and the mark jumping on fading speculation of a near-term cut in German interest rates. But the dollar was well off its
        Reuter  -  186 words
      • Article
        Lock icon India, China expected to boost world trade in wheat
        192 20 Reuter LONDON World trade in wheat will increase sharply early next century as huge populations in India and China grow even bigger, a leading grain expert said yesterday. "Whereas annual wheat trade has been about 100 million tonnes in recent years,
        Reuter  -  192 words
      • Article, Illustration
        Untitled
        1709 20 irade-weighied index cakukued against Spore's lop 14 trading partners Base year: 198S US$/S$ forward rates Noon Feb 15 SS Bid Oder 1-month 1.5792 1 5807 2-month 1.5792 1.5807 month 1.5793 1 5808 6-month 1.5800 1.5820 Soun-e OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10m m Feb 15: Singapore
        1,709 words
      • Article
        Lock icon New York
        85 20 AFP NEW YORK The dollar stabilised against the yen yesterday, a day after a sharp plunge due to fears of a USJapanese trade war. The greenback was mixed against the other major currencies. At 9.30 am (1430 GMT), the dollar was trading at 102.75 yen. compared with 102.55
        AFP  -  85 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen ends up but off intraday highs
        1376 21 SIMEX REPORT Reuter SINGAPORE Simex Euroyen interest rate futures ended firmer yesterday but prices were oflf intraday highs on profit-taking as the Nikkei recovered marginally in late trade. Contracts were sharply higher in early trade boosted by the yen's rise in currency markets
        Reuter  -  1,376 words
      • Article
        KL tin sinks another eight sen
        617 21 COMMODITY REPORTS Tin MALAYSIAN tin closed eight sen lower at MS 14.36 a kg after a lower London market prompted initial high offer, traders said. Trading was brief. They noted an opening offer of 90 tonnes against bid of 28. Final turnover was 80
        617 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          M'sian crude palm oil output in Jan
          73 21 KUALA LUMPUR Malaysia's January crude palm oil output was 536.095 tonnes, down 5.05 per cent from a month earlier, but up from 424.601 a year earlier, the Palm Oil Registration and Licensing Authority said. Output comprised 447.529 tonnes from peninsular Malaysia, down 5.15
          73 words
        • Article
          Japan spot aluminium premiums up
          76 21 TOKYO Spot CIF aluminium premiums in Japan are continuing to rise due to improving US demand for the metal and concerns over shortages developing in Asia because of production cuts, industry sources said. In the latest move. Alcan Australia yesterday said it would cut aluminium
          76 words
        • Article
          Four to cut non-ferrous metals tariffs
          124 21 GENEVA Canada, the European Union. Japan and the US have agreed to cut import tariffs on non-ferrous metals and will alter their respective lists accordingly within this week, the Kyodo news agency quoted negotiation sources as saving. The so-called "quadrilateral" nations held a "higji-levd
          124 words
        • Article
          Cash tin down eight sen per kg
          77 21 KUALA LUMPUR The price of cash tin from smelters in Penang. northern Malaysia, fell eight sen to MS 14.36 per kilogram yesterday, extending Monday's decline amid a dearth of news. Buving was spread evenly between Escov Smelting. Malaysia Mining Corp. H H Bhatt
          77 words
    • Article
      COMMODITY PRICES
      1647 21 Rubber Singapore Commodity Exchange (futures dosing as at tpai) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Mar 94 OOO OOO 138 00 2.000 L575 Apr 142.SO ***** 140.25 2.300 5.500 May 144 50 142 00 142.25 1.200 6.625 Jun 143.25 143.00
      1,647 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1350 22 -4.6 Bargain-hunters helped the Australian stock market close off its lows after futures-related selling pushed the main index down in early trade, brokers said. The All Ordinaries index recovered from its early 14 point tall to finish at 2.234.0 points, down 4.6 points on the day. "There was a
        1,350 words
      • Article
        Manila
        627 22 +3.81 Share prices inched up at the close, buoyed by Philippine National Bank's (PNB) 6 per cent rise and buying support for some second-line issues, brokers said. "The market was up mostly due to PNB. Its price jumped to 670 pesos from 630, probably due to strong foreign interest."
        627 words
      • Article
        Taipei
        506 22 -30.25 Taiwan share prices finished well off early lows on a late wave of bargain-hunting in several industrial sectors such as plastics and electronics. Financials remained weak after Monday's plunge. The weighted index finished 30.25 points down at 5.985.01, oft" an intraday low of 5,912. Turnover shrank* to a
        506 words
      • Article
        Seoul
        401 22 +0.43 A technical rebound in primary blue chips held the index above the 900 mark ahead of the close, although decliners were ahead of advances, brokers said. The composite index was 0.43' points firmer at 901.81. with a mere 19.7 million shares changing hands. Brokers said the soaring yen.
        401 words
      • Article
        New Zealand
        275 22 +0.23 The share market closed barely changed, undecided about its direction in the face of violent downward moves in Asia and the trade row between Washington and Tokyo. The negative vibrations from offshore dampened the possibility that the week-long correction in New Zealand could come to an end.
        275 words
      • Article
        Bombay
        59 22 -11.56 Stock prices recovered slightly in after hours kerb deals on account of short-covering by speculators who had sold during the official trading session, brokers said. Earlier, in a dull trading session, prices had fallen marginally and the Bombay Stock Exchange (BSE) 30-share index fell 11.56 points to 3.900.13.
        59 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        777 22 Britannia Funds Sterling «sh Bid (HTer Mini 1 jp IVpoMi in M«) t>500 Mini (nil 0 IK1I 0 i<m: Mini M» litkiwnc I (Ml) I III*) I S$ Cask IrK.H.H I'lu- I uikl *10 «UUU *10 *MII PS Reserve Fund > J4U) 5 :MI0 Sterling Fquiti t urii IVrliirmjlKv 0
        777 words
      • Article
        London
        644 22 +29.7 A late buying spree in the futures pit and "strength on Wall Street sent the FTSE 100 surging to session highs at its end, as talk about another interest rate cut circulated in the market place, dealers said. The index pushed past its earlier peak of 3,380.8, hit
        644 words
      • Article
        Paris
        121 22 14.81 French shares finished the session higher after their recent weakness, but dealers said there was still no real direction in the market as investors waited for more news on interest rates. Trade in Elf Aquitaine contributed to a large part of yesterday's volume. The CAC-40 index ended up
        121 words
      • Article
        Frankfurt
        159 22 -0.39 German share prices made good most of Monday's post-bourse losses as surging DAX futures prices pushed the cash DAX to a closing intraday high in a session marked by low volume. Share prices were stable in thin post-bourse trade. The DAX index ended at 2.115.62. down 0.39 point.
        159 words
      • Article
        Brussels
        143 22 +3.56 Belgian shares ended mostly firmer after see-sawing in a narrow range throughout the day amid bouts of basket buying and selling. The Bel-20 index of leading shares closed 3.56 points, or 0.23 per cent, higher at 1.523.17. near the top of the day's 13-point range. Volume was 1.9
        143 words
      • Article
        Milan
        132 22 -0.56 pc Italian shares ended weaker after an uneven session which saw the market boosted in the mid-morning by a buoyant insurance sec- tor but finally sinking back as technical factors took over, dealers said. The Mibtel index finished down 0.56 per cent at 10,732. In a depressed market,
        132 words
      • Article
        Amsterdam
        260 22 1.12 Dutch shares tracked Wall Street and London ahead after another thin session, with little prospect of real direction unless Germany moves on interest rates or a US-Japan trade row escalates. dealers said. The AEX index bobbed about within a three-point margin to end up 1.12 points at 429.90
        260 words
      • Article
        Zurich
        256 22 +21.62 Strong gains in Roche certificates and Nestle led Swiss shares to a firmer close. Dealers said there were more "buy" orders in the market than recently. The market was still influenced by trading related to index futures, which made business somewhat unpredictable. The SMI index of leading shares
        256 words
      • Article
        Johannesburg
        281 22 +48 South African shares bounced in afternoon trade after recent hefty losses as a firmer gold price spurred interest. The market remained highly susceptible to political setbacks. The gold index was 88 points better at 1,837. The JSE industrial index was 48 points up at 5,590 and the overall
        281 words
      • Article
        Toronto
        271 22 +9.75 Stocks opened mixed with a firmer bias yesterday on a recovering Canada dollar and buoyant New York stocks, but traders said they expect the market to remain directionless until next Tuesday's federal budget. The TSE 300 opened up 9.75 at 4,404.95. A total of 13.02 million shares changed
        271 words
      • Article
        New York
        959 22 14.64 The Dow Jones industrial average was ahead 14.64 points to 3,918.70 at 11 am EST yesterday. The New York Stock Exchange composite index was ahead 0.34 to 261.60. while S&P 500-stock index was up 0.73 to 470.96. Advances topped declines 1.045-630 among the 2,453 issues crossing the
        959 words
    • Article, Illustration
      Lock icon HONGKONG
      3236 23 Bloomberg Business News HONGKONG Stock prices' closed slightly higher as investors looked ahead with optimism to corporate reporting season. The Hang Seng index of top shares ended up 23.52 points, or 0.21 per cent, at 11.012.33 on light turnover of HK55.76 billion. In doing so. the market recovered from
      Bloomberg Business News; Source: Bridge Info  -  3,236 words
    • Article, Illustration
      CHINA
      508 23 THE B share markets continued to weaken on shrinking turnover yesterday. The CLSA Shanghai B Index was down 17.35 points to 895.84. Many counters dipped further by some 4-6 per cent. Chlor Alkali rebounded 2.4 per cent on light turnover after losing on Monday. Lian Hua lost 7 per
      508 words
    • Article, Illustration
      Lock icon TOKYO
      2514 23 Reuter TOKYO The resurgent yen left shares sharply lower at the close yesterday but there was a small rally just before the close on small-lot program buying. Brokers see a small rally today as foreign investors hunt for bargains after Monday's and Tuesday's sharp falls. "There will be bargain
      Reuter  -  2,514 words
    • Article, Illustration
      Lock icon BANGKOK
      1866 23 Reuter BANGKOK Thai stocks recovered half of (heir earlier losses to finish at 1.413.97. down 8.23 points, in sluggish trading yesterday. The SET index had earlier gone as low as 1.406.66. Turnover was 7.2 billion haht. slightly higher than Monday's seven billion. "There's no incentive and most are trading
      Reuter  -  1,866 words
    • Article, Illustration
      Lock icon JAKARTA
      1148 23 Reuter JAKARTA Share prices closed lower in slow trading on overall weak sentiment yesterday. The official index fell 4.04 points to elose at 582.71. Argha Karya fell 5.8 per eent to 4.525 rupiah on moderate volume. Indah Kiat was down 25 rupiah to 3.300 on report saying its applieation
      Reuter; Source: Bridge Info  -  1,148 words
    • Article
      CLOB INTERNATIONAL
      2839 24 MOST ACTIVE votam Sn Hartamas 5.724.000 General Corp 4.554.000 Kamunnng 50c 4.480.000 Innovesl Bhd 4.203.000 Renong Bhd 50c 3.498.000 Mulpha I nil 50c 3.529.000 Idns Hvd 50c 3.165.000 Promel 2.633.000 Faber Group 2.372.000 1GB ('orpn 50c 2.194.000 IGB orpn TSR 2.169.000 Lien Hoe TSR97 2.069.000 \MI)B 50c 2.011.000
      2,839 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Index edges down as uncertainty prevails
        5832 24 Bernama KUALA LUMPUR Share prices closed mixed to lower yesterday in featureless thin trade as investors remained sidelined due to uncertainty in overseas bourses. The Emas Index of all main board shares ended 1.31 points easier at 322.20. while the Composite Index shed 6.09
        Bernama; Source: Bridge Info  -  5,832 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        6975 25 [DMBWaOARP Transaction date: Feb 13 Cr Cr 1993/94 Last Vol Da; Lnt Qaote Di» DitYM No M Cap High Ln Con pa ay Sale COM) High Low Bayer Seller Cn P/E Saul ehwsthial and commercial 1440 260 I Aetna 1130 -60 138 1180 1110 1120 1130 12.5 2.1 I.I 48.9*
        6,975 words
      • Article, Illustration
        Lock icon Brokers expect return of buyers as Clob picks up
        1867 26  -  By Quak Hiang Whai SINGAPORE Share prices finished mixed in moderate trade yesterday as the bulk of investors remained sidelined. Brokers, however, arc positive that the buying will soon return. Still haunted by the aftermath of sharp losses in Tokyo and
        Charts by Bridge Info; Source: Bloomberg  -  1,867 words
  • Page 17 Advertisements
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      361 17 NEWS VALUE I tow today's news might affect vour stocks Expected US trade sanctions against Japan (pg l) More turmoil expected in Tokyo stock and financial markets, with repercussions across Asian bourses. Spore's $3.8 btton mwmfactmint, jnmtnmnl commitments last year (pg I) Positive impact on the market, particularly for chemicals
      361 words
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      169 18 NO-HIDDEN-COST PACKAGE *$120 nett, single twin occupancy with complimentary breakfast n k«MiI SiPlllHH HlS^ v; v J| r That's right. We present the full cost to you. No extra charges, no hidden cost that'll shock you with your bill. And you enjoy the comfort and luxury of extra spacious rooms,
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      201 19 For $15 B*per room you will get your Seminar FREE TL. next time you plan for a seminar, make sure you ask for the Orchard Parade Hotel's Room Seminar Bonus Package. From SISB (single) per room, we will set up your seminar at no charge with the following perks. Morning
      201 words
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      Page 19 Advertisements Column 2
      35 19 Auction of 100 Superior Quality Hand-knotted Persian Carpets in Various Sizes On Sunday, February 20,1994 Tlw Dynasty Hotel, Regal Room Viewing: 10am-Ipm Auction Sale: 1.30pm-spm Auctioneer. Urn ft Aawctatq Presenters: ALI ft AM fynuiui SHOWROOM
      35 words
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      Page 19 Advertisements Column 3
      69 19 These securities having been sold, this announcement appears as a matter of record only. U*****,000,000 f PT GADJAH TUNGGAL International Offering of 100,000,000 Common Shares (Rp. 1,000 par value) issued in connection with a Rights Issue of Common Shares on a 1 for 1 basis The Development Credit Lyonnais Bank
      69 words
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      Page 21 Advertisements Column 1
      331 21 EJIJSINESS^T^IP^^^^^ TOLL-FREE TEL. No. 1-800-741-1883 FAX 741-1296 YOUR DAILY GUIDE The Straits Times Classified. The only buyer's/ seller's guide that's updated everyday. Whether you need a puppy or a good home for one, Classified has what you're looking for! Just call 737-1166. |737-»l** IN THE MATTER OF THE COMPANIES ACT
      331 words
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      Page 21 Advertisements Column 2
      37 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. JEM' iHH 1 I 737-1166 I fo p/octf 1 f a quick- c.A/r.B. I acting ad. 737-Il^j
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      Page 23 Advertisements Column 1
      95 23 Yes, get instant cash at low, low spot for your shares for 1, 2 Period Interest rales with our Express Share Loan, Rate* or 3 months from as low as exclusively from Hong Leong 1 month 0.9% 0.9%. Call us at 220 9433/ Finance and Singapore Finance. 2 liwiths 1800-226
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      58 24 RATHER THAN A STOCK EXCHANGE, LOOK AT AN INVESTMENT EXCHANGE. At Citibank, you can now switch to Unit Trusts and still get the opportunity to make high returns with onl\ moderate risk. So for a fresh alternative, call our 24-Hour CitiPhone Banking toll-free on 1N00) 225-5225. CITIBANK* CALL CITIPHONE BANKING
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      Page 24 Advertisements Column 2
      5 24 mmm Monday in Business Times
      5 words
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      Page 25 Advertisements Column 1
      91 25 Mondial Shine to Ngee Ann To add sparkle to your portfolio, come to the dazzling new Mondial Showroom. Mondial Now at Ngee Ann City. For all your internationally certified G.LA, HJLD and 1.G.1 diamonds, emeralds and other gemstones. NEW SHOWROOM: MmSdNrtAmm City ii ■■i"»n i 391 Orchard Ro*d, \gee .\*m
      91 words
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      187 26 f k CV China National •.•sj'aA n\ IV Import Export Corporation ,V\C 1 j r\W V Beijing 16 Gongti hast Road N V Indoprom r \t\?> Aa»S- \y V Beijing, China *****4 Arthaloka Building, Ground Fir Tc, >*****2, Fax *****01 ~IMSS, MSM?™ 2-Chome, Minalo-ku Fax *****79 UT Tel Fax *****97
      187 words
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  • Shipping Times
    • Article
      PSA expects cruise traffic to grow this year
      425 27  -  By Juliette Walker SINGAPORE The Port of Singapore Authority (PSA) expects cruise traffic to ride a higher tide this year, despite last year's ebb in the number of passengers and ship calls. In 1993, 38 cruise ships made 344 calls and carried
      425 words
    • Article
      Lock icon Mediterranean fishermen join French protest over cheap imports
      525 27 Reuter PARIS French fishermen's protests spread to the Mediterranean on Monday, with protesters blocking four ports for several hours and destroying truckloads of fish in a running dispute over cheap imports. It was the first time Mediterranean fishermen had joined the protest
      Reuter  -  525 words
    • Article
      LETTER TO THE EDITOR
      166 27  -  Borge Fogh, MCC Transport WE REFER to the report "Saigon Shipping's arrested vessels may be auctioned off" published on Feb 14. We wish to clarify some details. Saigon Shipping on its own operates a fleet of small conventional vessels in South-east Asia. These vessels do not
      166 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1113 27 Page Col ABC Containerline 12 5 Accord Group 8 1-3 Africa Container 16 4 Ahrcnkicl 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 ASXCL Shpg 15 2 Avant Shpg
      1,113 words
    • Article, Illustration
      Bulk carrier for Sumitomo
      47 27 SINGAPORE Hitachi Zosen Corp recently completed a P ana max bulk carrier for Sumitomo Corp at its Maizuni Works. The 71,535 metric ton Christitsa was delivered to its owner last month. It can carry a variety of cargo including grain, ore and coal.
      47 words
    • Article
      Lock icon Frontline reports smaller loss
      112 27 Bloomberg Business News Stockholm Swedish shipping group Frontline AB said on Monday its 1993 pre-tax loss narrowed to 360 million kronor (5570.5 million) from a 469-million-krona loss in 1992. Frontline said business picked up last year, but that it incurred a 75-million-krona loss on sales of
      Bloomberg Business News  -  112 words
    • Article
      Lock icon Ice hampers shipping on Hudson River
      197 27 Reuter NEW YORK Ice up to 0.6 metre thick continued to slow shipping on New York's Hudson River, delaying heating oil deliveries and trapping barges headed for cities along the region's main waterway, the Coast Guard said on Monday. Conditions on the river worsened
      Reuter  -  197 words
    • Article
      Lock icon Japanese shipyards expect more orders
      223 27 Reuter TOKYO Japanese shipyards are expecting a brighter export market in calendar 1994 due to demand for double hull tankers to replace ageing fleets, a senior official at the Japan Ship Exporters' Association said. "We were expecting a pickup in the second half but things
      Reuter  -  223 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        540 28 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jwwig Port Arena Indah 001 P01A 1602/0800 1702/2300 Batam Sayang 02/02 94 J1 alongside 16.02/2315 Batam Speed *****- F01A 1502/1900 1502/2100 Caian S J4/5 alongside 16.02 2300 Batam Speed *****' P01A 1602/1900 1602/2100 Defc Lestari
        540 words
      • Article
        CONTAINER SCHEDULES
        973 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Record Booking/Balance Rsits Ship Voy No Etb/Btr Period From To From Ac* Lily 046B 18/2000 1 15/1500 15/1659 15/1900 3 16/0700 16/1159 16/1400 4 16/1200 16/1459 16/1700 Ac» S»an 105A 16/1500 1
        973 words
    • Article
      THE SHIPPING GUIDE
      8923 36 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
      8,923 words
    • Article
      DAILY FREIGHTS
      1422 43 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1.155 on Monday from 1.156 on Feb 11. Atlantic rates remained weak for most sizes in a slow start to the week on the freight market, brokers said. Cargill covered a Feb 21-28. 50.000-tonnc 5-per ccnt
      1,422 words
    • Article
      TRANSPORT DIARY
      413 43 COURSES Title: Standard Trading Conditions (SDF 70%) Duration: Feb 22 Apr 5 Organiser: Singapore Freight Forwarders Association Tel: For more information contact SFFA Secretariat at 253-7550 or fax: 253-2303. Title: Container Management (SDF 70%) Duration: Feb 23 Mar 30 Organiser: Singapore National Shipping Association Tel: For further details
      413 words
    • Article, Illustration
      Lock icon Stop-loss lessons for shipowners
      1090 44  -  Jim Mulrenan examines the findings of the largest claims survey produced by the UK Mutual Steam Ship Assurance Association Jim Mulrenan Lloyd's List THE ONLY real difference between major and minor marine liability claims is that the former are more costly. This conclusion may seem glaringly
      Lloyd's List  -  1,090 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Russians plan to invade Asian Aerospace '94
        383 46  -  From John Helmer in Moscow UP TO 200 Russians are planning to participate in Singapore's Asian Aerospace '94 exposition, which opens on Feb 22. Singapore officials believe the Russian delegation, which will include directors of defence firms, technical experts, and test pilots, may
        383 words
      • Article, Illustration
        Lock icon Star attraction
        51 46 AFP LONDON A crowd of journalists gathering round one of the Eurostar inter-capital trains that will be used in the Channel Tunnel rail link as it arrives at the International Terminal Waterloo station for the first time on Monday. The rail service is scheduled to start in 1995.
        AFP  -  51 words
      • Article
        Lock icon Indonesia, Taiwan to look into aircraft tie-up
        232 46 Reuter JAKARTA Indonesia and Taiwan plan to study possible cooperation in manufacturing non-military aircraft, Indonesia's Research and Development Minister Jusuf Habibie said. "Taiwan has no experience in producing such types of aeroplane, so it would like to learn from Indonesia which has 18
        Reuter  -  232 words
      • Article
        Lock icon US citizens in Germany fame over driving licence rule
        436 46 NYT FRANKFURT Germans and Americans are two peoples obsessed with the automobile, but a year-long dispute over who is allowed to sit behind the wheel is testing trans-Atlan-tic patience. US citizens in Germany along with many other foreigners are fuming because
        NYT  -  436 words
      • Article
        Lock icon 4 Mexican airlines accused of breaking pilots' contract
        352 46 Bloomberg Business News MEXICO CITY Pilots from four Mexican airlines, including the nations' two largest commercial carriers Aerovias de Mexico SA and Mexicana de Aviacion SA have accused the companies of violating their labour contract. "Tired of the arbitrariness, aggressions and deceit
        Bloomberg Business News  -  352 words
      • Article
        Lock icon Banks back HK rail project
        138 46 Bloomberg Business News HONGKONG International banks have pledged more than HKSI2 billion ($2.45 billion) to help finance the construction of a 34-km railway that will link the territory's planned new airport to major population centres, the South China Morning Post reported. The offers to the
        Bloomberg Business News  -  138 words
      • Article
        Lock icon Fokker to cut 1,900 jobs, plans revamp
        418 46 AFP AMSTERDAM Dutch aircraft manufacturer Fokker announced on Monday that it was cutting 1,900 jobs and slashing production to around 40 planes a year. A company spokesman said most of the job losses would be "indirect", meaning jobs not involved directly in manufacturing,
        AFP  -  418 words
      • LOG BOOK
        • Article
          Lock icon Two Indian airports to be modernised
          81 46 AFP NEW DELHI India has asked a US firm to complete upgrades of New Delhi and Bombay airports by next year as part of its plans to boost air traffic. Civil Aviation Minister Ghulam Nabi Azad said on Monday. He said a project to
          AFP  -  81 words
        • Article
          Lock icon Biman airline to buy used Airbuses
          62 46 Reuter DHAKA Bangladesh's Biman airline will invite tenders by the end of this month for the purchase of two used Airbus Industrie aircraft, finance ministry officials said on Monday. A cabinet meeting headed by Finance Minister Saifur Rahman on Sunday asked Biman to complete
          Reuter  -  62 words
        • Article
          Lock icon Continental calls convertible Sfr bond
          92 46 Reuter GENEVA Continental Airlines Inc has called its 10-year, 150 million Swiss franc (Ssl6o million) convertible bond, due in 1996, lead manager Banque Paribas (Suisse) said on Monday. As part of the airline's plan of reorganisation it will issue Class A and Class B common
          Reuter  -  92 words
        • Article
          Lock icon Daewoo plans joint venture in China
          77 46 AFP SEOUL South Korea's Daewoo conglomerate said on Monday that it was seeking approval from both Seoul and Beijing for a joint-venture car plant in China. If the conglomerate gets government clearance both from China and South Korea it would be Daewoo's second auto
          AFP  -  77 words
        • Article
          Lock icon Kawasaki to make robots in US
          70 46 Bernama-Kyodo TOKYO Shipbuilding company, Kawasaki Heavy Industries Ltd, is planning to manufacture industrial robots at its Nebraska plant in the US, a company official said yesterday. "We thought it would be a good idea in view of the US economic recovery and the rebound
          Bernama-Kyodo  -  70 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1711 46 «i nm iro no rre Abw PbaM QK510 1800 0K5H 2305 Mlliiii SQ227 2030 kamm RJ182 1440 RJI83 2205 AwtwtfM SQ319 0610 SQ324 2230 KL831 1030 KL832 2335 GA895 1450 Aacfclaad NZ21 1710 NZ22 1825 SQ288 2035 SQ285 2045 Bahrain Gf 149 0645 B S«ri Bagawaa
        1,711 words
  • Page 27 Advertisements
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      57 27 Drager|m SAFETY EQUIPMENT VI^HJ (SOLAS APPROVED) JMOMM «JT~ Kor Maritime Application* j HIGH QUALITY HIGH PERFORMANCE HIGHLY AFFORDABLE Draeger South East Asia Pte Ltd 67 Ayer Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 Fax: 773 2033 Tlx: RS ***** DWSING Stop-loss lessons for shipowners, Page 18 The Russians are
      57 words
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      Page 27 Advertisements Column 2
      26 27 Liims and ssnrkss rapmiitid Mirtin «f the Registry «f AcctmHM (*M(S\m»l SWmlm A—bb SJmuoor* National Site- UIMI I^ for advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      Page 27 Advertisements Column 3
      194 27 VISA FREIGHT SERVICES PTE LTD |f^ THE TOTAL TRANSPORTATION PEOPLE "8 1800 *****66 j ASIAN k AEROSPACE' 94 A BT special supplement AER February 22,1994 Til 18 The world's aerospace industry has flown through rough weather lately. Pinched by intense competition and global recession, the industry has cancelled and delayed
      194 words
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      471 28 TSKLINE AGENCIES (S) PTE. LTD. I If W ¥TkT|l Tel: 226-3363 JL *k3# JV» Fax: 226-1972/3 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I I EXPORTS TO HON6KONG. MAMLA. TAIWAN t M "TWICE WEEKLY" 1 www m n» lawiiiwiM m «g m ran sm m Mil ACX
      471 words
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      Page 28 Advertisements Column 2
      1561 28 WMCT TO U«A WT COW CAUFOWA lIWIMI TO «MT mMMI (WIU. COWm—I «PIWC«I JUL Wt 1 mMZ U an SI XJ om jfflSia fIK w OB w stom ImbkttT pouch- bimmm*| lOMrl aar n sot kmt- unwr «sm um MPTU* CTWH rate I IC-I7 2 S3 7 3 9 3
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      2374 29 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES JAROINE SHIPPING AGENCIES SDN. BHO. TEL *****13 FAX: *****42 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****82 'POH TEL: *****3/4 FAX: *****6 CFS (PSA F5) TEL: *****21/
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      1883 29 ■UliVtHiHilWl* FRANCE/ITALY/PORTUGAL/SPAIN/MOROCCO NEXT AVAILABLE SAILING LONDON MAERSK V. 9404 ETA SIN 21ST FEB 94 VesMH Voy ETA ETD faby ItTTJa destinations Th« fc MAJESTIC MAERSK V 9404 kWKmnßlHfiWffgaHlW— 22/0? oeoc mrs CFS 21/02 2358 MRS JOM LPK PEN OAK LGB SFO MEM ATI MIA CHS I BAL I PML NYC
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      1648 30 AQABA R OAM/ [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEOOAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA LA SEINE 34/107 23/2 12/3 15/3 13/3 port Kelang. Penang KAI 06/306 24/2 5/3 11/3 13/3 16/3 18/3 20/3 Pasir Gudang HOECHST EXPRESS 13/307 26/2 7/3 14/3
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      539 30 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutak, Alma Ata North Korea Vietnam Mongolia Hungary CSFR e Poland FULL CONTAINER SERVICE TO NORTH/WEST AFRICA FEEDER VESSEL ETA SIM CGM NORMANDIE V.2014 17/2
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      978 30 I NORASIA WEEKLY SERVICE WITH FIXED DAY SAILING IQ LA SPEZIA r FFOrS r BARCELONA, VALENCIA SPORE GENERAL AGERT NORASIA AGENCIES iSI PTE LTD rs o» FM: *****80 VEItICE/TRI£STE/ANCOMA/ALEXAMWIA/PiMIT THAICAMO AOEMC.ES CO LTD TEL; 2S2ISSS/S0 S»/PMHB/MimA/MICELO* A VALENCIA: INDONESIA AGENT PT HALUAN SELATAN NUSANTARA TEL; *****70 (JAK) |MALAYSIA AGENT CEOOERLANO
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      1655 31 H STRAITS SHIPPING PTE LTD 10 Hot Chiang Road #11-01 Koppol Towers Singapore 0208 Tot: ******8 Fax: *****17 new quinea pacific une CTjCP (A SERVICE OF CHINA NAVIGATION CO) CARGO DUE SUS P^MF RAJAH BROOKE Vost Miara. Lab 14-15 Fab 16 Fab 17 Fab FCL, LCL COWTAMCR ano meakbulk MRVKf
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      2834 31 m_ SINGAPORE AGENT: /\nto 1 n Af*C P*o Containers (Singapore Agencies) Pte Ltd A 9 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 v, CR Number: **********0Z EXPORT IMPORT vcsocl *0* -ma -r%a «m tow a*t hot ham
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      8 31 HO CHI MIHH TEL: *****26 FAX: *****27 LENNON
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      29 31 VEMCL KTA KTO OCtTMATION BONO TWM I 21/02 M/ 02 HO CM MMH «U»JgCT TO INOOCEMEWTI VIETHONG SHIPPING PTE LTD TEL: 228 1511 FAX: 225 0633 TLX: R*****1 VIETHK
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      605 32 4§9W EKA JAYA AGENCIES >9lfr TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE LMYAWMAW TBAQg PAQgW HAWgPMOWK/DWgCT wiiiam wii una IBM HQ CHI MIHH CITY mm not IUM2I titmm/wum IMJtM CHAW ma TO MYANMAR/YANGON BEMI CONTAINER SERVICE ■{gjjgjjjjT' M OCEANLINES ya/WY stok TBN 28/2 5/3 13/3 YANGON GEN.
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      Page 32 Advertisements Column 2
      1689 32 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FDR VSI SM |LME HAUL SEA TOR POX FOR VS. SSI IIK HAUL SA» IM HYC HANJIN FELIXSTOWE 020E 18 2 H. LEHAVRE 02V 10/3 11/3 12/3 HANJM FELIXSTOWE 020E 18 2 HARM TOKYO 001E 24/3
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      Page 32 Advertisements Column 3
      1526 32 All j -Tf] I I m w use we nc *u mt o» net smz tyo lax as ml nyc u* um km t» mc cm mi v* I I SUm M 455 Is/? 17/1 21/2 23/2 25/2 21/2 1/1 VI 4/3 6/3 V 3 17/3 29/3 31/3 1/4 11/4
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      2317 33 PLEASE CALL II H/y II NEPTUNELINK (1800 *****00 TOLL-FREE) II II ZSS II FOR THE FOLLOWING INFORMATION: HI II VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ HI ■I II FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ AVAILABILITY OF DOCUMENTS FOR COLLECTION EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US GULP MIDWEST USffC CANADA
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      Page 33 Advertisements Column 2
      1159 33 A I MULTILINE SHIPPING PTE LTD ■V (a member of SJNSOV Group) CR NO: **********0 C ENQUKIES: *****33 y±Z±\ BOOKINGS: *****64. *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 Jfrv ,4k BIASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MAR WE INSURANCE: *****57 INVENTORY:
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      1563 34 KU V ff AS AGENTS: "R" LIMC (SINGAPORE) PTI LTD (CR No: **********0*) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I W MALAYSIA: "K" LINE MAKIDME (MALAYSIA) SON BHO W*J TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SARANA LAUTINTERNUSA. TEL: JKT *****08 /"EXPORTN.
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      Page 34 Advertisements Column 2
      1118 34 @APPENSHIP fS\ HAMBURG V7\y CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA ANO FAR EAST VESSELS LOADMG PORTS DISCHARGE LOADING FOR VASIUV MATUZEMKO 09.10.94 UNISON ANTWERP 5 2.94 3.3.94 INZHENER PARKHONYUK TARRAGONA 21.2 94 16.3.94 KOALA CONTAINER LINE STORE FIX HAM ROT LEH OKK BALANORA 03 16/02 13/03
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      Page 35 Advertisements Column 1
      1020 35 (PACIFIC INTERNATIONAL LINES (PTE) LTD] I 140 Cecil Street. #03-00 PIL Building, Singapore 0106. C 8 NO **********06 VESSEL VOY SIN JKT SIN eiuA yidinf SSN 18/5 29/2 M/] MAJAPAHTT 4171 20/2 23/2 27/2 ?/vr»\«n Vt. 77,, IT, WW* TERATAI «D 2M 1/1 KOTA ME LAD (BMT) MLO3N 20/2 23/2
      1,020 words
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      914 35 ttSSELS WT SW HARMUB6 ROTTERDAM ANTWERP THAMES l£ HARVE haws* cuaau 733r* al/02 13/03 is/03 u/03 17/03 ii/ 03 Will Ot CWW 7t32W 27/02 U/03 70/03 21/03 22/03 23/03 WU£ Ot MjUK 7537W 00/03 01/04 03/04 04/04 05/04 ot/04 Wilt DHTHH 0232W 00/04 10/04 11/04 12/04 13/04 •RISO ACCEPTMG CARGO
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      Page 35 Advertisements Column 3
      461 35 IA««U I: SHIPPING TEL: *****88 FAX: *****00 J DIRECT REGULAR SERVICE J J JAKARTA SURABAYA ACCEPT CARGOES TO ALL OTHER INOONESI AN PORTS WITH TRANSHIPMENT AT JAKARTA OR SURABAYA DESTMATKM ETA FTD VSI JAKARTA 25/2 2«/2 f. JANA 1 2/3 3/3 P. KAIMANTAN 1 5/3 6/3 f. SUMATERA 15/3 IC/3
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      Page 35 Advertisements Column 4
      387 35 BSA n. M MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Klf Pen P.Gd( LASHK) VI64W hi Port MP* -AM VI99W 16/11 Fab PAGAN V2O6W 17/19 Fab ■MUTSA AGENTS OOUSTEAO SHPPOIG *GENCSS nut Til 03-*****00 Pitt TU 03-360(7(7 PCM: ra 04 «1(13S PGD TEL 07 *****1/4
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      85 37 MARITIME INSPECTION CORPORATION Naval Architects/Marine Engineers/Marine Surveyors, established in 1967, more than 20 years experience in international ships' registries. Specialise in: Ship registration under open registry countries Offshore business company formation Statutory survey and issuing of mandatory Load Line, SOLAS, MARPOL Certificates on behalf of the Governments of several open
      85 words
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      322 38 ](@!%^>{@./>}~"+]~;']<."}<})=;& /£kIMORBULi*V I y&ZJx norbulk cargo services ltd. 1 I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOD SERVICES EURTWCE 15/2 ROT/ANT/UK I YIHA 25/2 NAN/FLU/ANT/UK I ISP PK LOAMNG FOR I NORBULK TBN 28/2 D6N/CT/EL I ALSO LOADS TG MANI AMD KK I PK SWK/SABAH LOADING FOR NORBULK NAMtR 20/2
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      Page 38 Advertisements Column 2
      236 38 HSS SHINYEI SHIPPING (S) PTE LTD 10 Anson Road #15-01/02 International Plaza Singapore 0207 CR NO: **********0N HOT LINE: *****38 (8 LINES) I JAPAN FAR EAST PORTS HONGKONG CHINA 20 294 H KOBE/YOKOHAMA 20/2/§4 BANGKOK 20/2/ M TOKYO/NAQOYA 20/2/B4 BUSAN 20/2/B4 OSAKA 20/2/94 PORT KELANO 20/2/B4 FOR BOOKINGS, PLEASE CONTACT
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      Page 38 Advertisements Column 3
      708 38 TO AUSTRALIA/NEW ZEALAND [wi fa I ff— I >Mb I 1,4 to* f Cm* c vaauc ii* 575 1373 m/J n/i n/i sim in ~3i73 u/« n/«~ i 7/4 aiCM 55 1M 12/4 lt/4 24/4 27/4 2/S V* MBSa 327 5/4 57» 57»~ !2/> t7/s H/i AUCKLAND TO USA/CANADA fa
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      678 39 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 21/2 ROTTERDAM 21/2 AARHUS/COPENHAGEN 24/2 HAMBURG/BREMEN 21/2 MARSEILLE/FRANCE 22/2 FEUXSTOWE/UK 21/2 BARCELONA/SPAIN 21/2 LEHAVRE/FRANCE 21/2 GENOA/ITALY 21/2 ANTWERP/BELGIUM 21/2 LOS ANGELES/WC/IPI 20/2 SYDNEY/MELBOURNE 17/2 NEW YORK/EC 18/2 FREMANTLE/ADELAIDE 18/2 VANCOUVER 18/2 BRISBANE 17/2
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      Page 39 Advertisements Column 2
      990 39 1 2— 1 VESSEL VOY SIN PEN ■fi 8 SIR! BHUM 3»8 St 1«/2 Tua 22/3 VESSEL VOY SIM BKK BHATRA BHUM 17S Sat n/2 w#d 23/2 f Bf MAMA BHUM 197N W«d IS/2 S«l IS/2 WANA BHUM 21(8 Tua 22/2 Sal 2S/2 1.- ■|v«ABHUM I SIB, BHUM Fri 2Stt
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      Page 39 Advertisements Column 3
      690 39 Guaranteed Sailings to: BANGKOK *LAEM CHABANG JAKARTA PORT KELANG •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports• USA, EUROPE', CHINA AND ALL DESTINATIONS PONGNAMA LINE ilwAllt/lt /NIC/SEN wssa rw rc n k snkmc ium v*o» is/z t%n 21/2 22/2 4/3 c/i HONGKONG 6MOT WOW 2S/2
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      1799 40 ■LABMN CONTAINER LINES, INC ~KVYV"I A B® nt#: SPORE: *****22 (24 UNEB) (PANAMA wV 'c/w Moc UOOS7SOBOOC SIBU (084) *****9 KUCHING (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
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      Page 40 Advertisements Column 2
      948 40 f XL THONG SOON LINES PTE LTD I 79 SHENTON WAY #10-01, SINGAPORE 0207 I I V y W Ta: 227-5088 FAX: 227-6011 I RS ***** CARXCR, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOY VPORE PEST VESSEL VOT [S PORE IIEST EQUATOR JADE 103/4E 19 FEB
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      Page 40 Advertisements Column 3
      140 40 M WINSTAR SHIPPING PTE LTD OFFICE: 51 10. ROAD #02-12 SWGAPORE 0201 WAREHOUSE WRONG PORT (MMHE BASE) 45 SHPYARD RD WAREHOUSE NO. J DOOR 2 SMGATORE 22C2 TEL: 2C***** FAX: 2«***** ALSO ACCEPTING PROJECT CARGO TO OTHER PORTS FOR BOOKIN6S CALL: HAW. SITI. ROHAIZA. EBTELLA TEL: 22M109 FAX: *****38 CR
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      517 41 ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTING BKMBUM SOC C«GO(S TO/FROM KOK. YOKOHAMA. NAGOTA. MOD. TOKYO*. MANIA* DAVAO*. Penanj 4 P. Kelarj Smjapofe E'Msia 0 KAMALEVERETT VI9C lrPt/18 Feb 19/20 Frt SHAPLAEVERETT VI9E 28 Feb/01 Mar 02/03 M» IVYEVERETT VBE 30/31 Mar ACCEPTING BKAKBU.K/FCL SOC CARGOES TO/FROM CMTTAGONG. CALCUTTA AND
      517 words
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      301 41 ISI 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 SELATAN VII 18/2 20/2 22/2 27/2 GLORY SELATAN V 15/2 22/2 25/2 SP PKL HCM HK KAO GLORY SELATAN IX 29/2 30/2 ALSO
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      Page 41 Advertisements Column 3
      557 41 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE VtSSCI ¥OT aw KARACHI MAKRAW 145-HW 23/02 OS/03 KAGHAW 106 HW 01/03 10 03 HYPERAfIAD 127-HW lt/03 25/03 SOU* 139 HW 22,03 01 04 FAR EAST CONTAINER SERVICE ONLY Vtsai I WT [SIN HKG BSN OS* NAG TOK SARCOOHA 139 QW
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      658 41 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/CAPETOWN/ LAGOS/P. ELIZABETH VESSEL SIN DURBAN CRT LOS P ELIZABETH Yl HE/96 26/02 09/02 14/03 21/03 27/03 SHUN ME/101 11/03 25/03 27/03 04/04 14/04 TAO HE 82 26/03 10/04 12/04 09 04 29/04 JIAN ME/82 11/04 25/04 27/04 05/0S 15/05 ACCEPTS CARGO TO JOHANNESBURG
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      237 41 S|N FAR EAST 22/02 KEELUNG/KAOHSIUNG 19/02 BANGKOK 20/02 MANILA/CEBU 19/02 JAKARTA/BELAWAN/SURABAYA 21/02 PORT KELANG/PENANG/E. MALAYSIA 20/02 BUSAN 20/02 TOKYO/YOKO/KOBE/NGO/OSA 20/02 HONG KONG S!N CHINA 20/02 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 22/02 LDN/FLX/LVP/SOU 22/02 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 20/02 LOS ANGELES/NEW
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      808 42 Handling System Co. Pte. Ltd. 136 138, Neil Road, #03-00, Singapore 0208 TT7 rr7 M CFS-20, Gul Road, Singapore 2282 Tel: 02-*****28 Handling System Co. Sdn. Bhd. N0.9 l.orong Cungah. ***** Port klang, Svlanuor. Malaysia 24th Floor, UMBC Main Building, ***** kuala Lumpur. Malaysia Handling System (HK) Co. Ltd. Wing
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      Page 42 Advertisements Column 2
      413 42 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 25 FEBRUARY (Accepting lo all Near Zealand porta) PENANG 18 FEB JAKARTA. 20 FEB PORT KLANG 18 JAN BAN6KOK 20 FEB MANILA 20 FEB MELBOURNE 25 FEB SYDNEY 25 FEB FREMANTLE 18 FEB BRISBANE 01 MAR ADELAIDE 19 FEB I6OTHENBURG 19 FEB
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      Page 42 Advertisements Column 3
      517 42 i This Week's Sailings Singapore To: K I D To: ETD ""SS^tSSwS Singapore Singapore iso 9002 lrqa EVERY EVERY Bangkok SUN Jakarta SUN yQ, EVERY EVERY Manila SUN Ho Chi Minh FRI (flDjlll^' EVERY EVERY Colombo TL'E Limassol THL'R L I INTERNATIONAL SEA FREIGHT FORWARDING Tel: Fax: LOGISTICS SERVICES 11
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      Page 42 Advertisements Column 4
      159 42 NIPPON EXPRESS; i Arrow International (Worldwide Consolidation System) k WEEKLY TO: TOKYO/YOKOHAMVNAGOYA/KAOSHIUNG/ 1 HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACH )/NEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/$ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE J ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI. SHAH ALAM ARROW EXPRESS BONDED
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      1230 43 0 CRYSTAL FREIGHT SERVICES PTE LTD /m MMHBS I If mUM/WBTMIU I BMWft BANGKOK 20/2 AUCKLAND 25/2 ANTWERP 21/2 Rli<?AN 22/2 ADELAIDE 4/3 FELIXSTOWE 19/2 HONG KONG 19/2 BRISBANE 3/3 HAMBURG 21/2 lAKARTA 29/2 FREMANTLE 18/2 ROTTERDAM 21/2 i n c.c.i c. n/N nk A J# SURABAYA 22/2 cvnS?v Jh/I
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      Page 43 Advertisements Column 2
      195 43 /J§N CEYLON SHIPPING CORPN National Line of Sri Lanka CONTAINERISED SERVICE TO UK AND NORTH CONTINENTAL PORTS *wT nam mum nan n/u u/c lii/m m/m m/m w/m «/m WjPO OWES mm M/ 82 M/t* M/M M/M 17/13 M/M ii/m mm own tibr u/m u/m »/m u/m p/m i«/m WLUKO—M tt3?W
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      Page 43 Advertisements Column 3
      290 43 rCONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.25 PORT* VOY MONTEVIDEO BUENOS DURBAN JAKARTA |~SwIaAPORrnMONO MONO! KAGOSMMA YOKOHAMA v»mi AIRES PETROOVORETS EBOS SAILED BAAED SAILED T/S Sport SAILED SAILED SAILED 18-16/02 OEKARRIST ESO7 SAAEP 08 18/02 23/02 12 20/03 28/03 28/03 02/04 04/04 W. KRUPBKATA EROS 24/02 26/02 06/03 19/03 08-07/04
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      Page 44 Advertisements Column 1
      365 44 1 VIGOUR PACIFIC LINES NORTH PHILIPPINES PULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA VIGOUR SINGAPORE 9408N 18/02/94 26/02/94 VIGOUR SINGAPORE 9408 AN 21/02/94 26/02/94 LOADING EVERT VIGOUR PACIFIC 9409N 25/02/94 05/03 94 fRC Y ANO M*** l VIGOUR PACIFIC 9409 AN 28/02/94 05/03/94 POM KLANO/PgNAN6 FULL CONTAINER SERVICE VESSEL VOYAGE
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      Page 44 Advertisements Column 2
      328 44 Gffi AMY OH HOLIDAYS WHEN YOU SHIP WITH US /ItiJUU/// BKEAKBDLK tst CONSOI IDATION SERVICES l*Tt LTD H|| ||Jtl LTBn&uU U b Itoust 37 I'uxton Mill 02<JH l« l 22S H332 fax 224 3343 Cathaycjotic TITIMAS SHIPPING \i TRADING SON. BHD. KELANG (03)*****55 (H/Un*) Fax: 03-*****63 Tlx: MA 3*415 TtSITA
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      Page 44 Advertisements Column 3
      226 44 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/02 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/02 20/02 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
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  • Page 44 Miscellaneous
    • Miscellaneous
      Page 44 Miscellaneous Column 1
      661 44 TODAY'S TIDES (lw#t in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 o*oo 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 1.9 2.5 2.7 2.7 2.4 2.0 1.4 1.0 0.7 06 0.8 1.2 1.7 2.3 2.5 2.5 2.3 1.9 1.4 1.0
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      996 45 A HVI IMflfll I __^M»^M^WRH»ECOJLTD. WESTBOUND TO EUROPE BKG: *****61 Vtssas VOY I PHA I ME I PCD VESSELS WY IS« I RTM ANT* L£H* HAM Bttl FEL I NOR MALACCA 9407 A 14/01 15/02 17/02 H. FRONTO 309W 21/02 11/03 12/03 14/03 13/03 13/03 15/03 HMM ADVANCE 03SA 21/01
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      Page 45 Advertisements Column 2
      457 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO t HEAVY LIFTS IRBOURD VESSELS msa NT n IK II CBSHC IRAKI V 43 11/2 M/ 2 INSH 13? 4/3 1/1 1/3 •ALU BBiA 131 1/3 1/3 MAKE »1 VII 11/3 TAM II 1/3 S/3 MAKE MM HI 1/3 11/3 SUBU6BTA IM 7/3
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      Page 45 Advertisements Column 3
      859 45 STOW ICD STON WBUBS RDM LEX Ah* AnMN C*|» F* EsEHHI^HI RAI OS 304 11/2 28/2 1/3 12/3 14/3 11/3 SwftM*an to *1 UK Rntralwi Mast mt DvUfci LA SGM 34/117 23/2 12/3 IS/3 13/3 Rotlwtoi. :to *R MNwp AmtanUni o*. KM HOE CMS! EIPBESS 13/317 28/2 7/3 18/3 11/3
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