The Business Times, 3 March 1994

Microfilm: NL19089
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 Thursday March 3 1994 75*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones down 7.99 points
      52 1 Reuter NEW YORK US blue chips yesterday appeared steady at lower levels at midday after a slight uptick in bonds halted a slide earlier which saw stocks plunge more than SO points. At Ipm EST, the Dow Jones industrial average was down 7.99 points, at
      Reuter  -  52 words
    • Article
      Lock icon Yen untouched by US trade action
      51 1 Reuter WASHINGTON Trade Representative Mickey Kantor last night said US trade actions on Japan had no effect on the value of the yen. He said that Washington did not know which way the yen was next headed but he envisioned no trade war with
      Reuter  -  51 words
  • Article
    MARKET SUMMARY
    161 1 Stock aariwt hwliffi WHicsdajf Change STJI 2,284.49 -29.19 iCLSEComp 1,086.25 -27.16 Nikkei 19,744.77 -471.85 Hang Seng 9,877.43 -270.93 SET Index 1,339.12 -36.85 Jakarta Comp 540.47 -5.94 CLSA China B ....1,192.63 -25.97 Aust All Ord 2,154.0 -27.7 FTSE 100 3,248.1 -22.5 Wednesday Previous Ipa dose Dow Jones 3,801.24 3,809.23
    161 words
  • Article
    Shipyards' prospects expected to brighten after first half
    494 1  -  By Rahita Elias SINGAPORE Local shipyards will have to endure a little more pain before things get better as they face fewer, smaller and less profitable jobs, said shipyard executives. In their latest results, all the Big Three shipyard groups Sembawang, Keppel
    494 words
  • Article
    Lock icon German money supply surge rattles European markets
    382 1 Reuter AFP, Bloomberg Business News FRANKFURT A huge rise in German money supply unnerved European markets yesterday as it raised concern over interest rates, sending bond and stock prices lower. The Bundesbank said German M 3 money supply a key barometer of future
    Reuter; AFP,; Bloomberg Business News  -  382 words
  • Article
    Lock icon New rules for foreign banks in China
    176 1 Bloomberg Business News BEIJING China has issued new rules that pave the way for foreign banks and financial institutions to undertake local currency business but limit their access to the lucrative Chinese savings market. The regulations, published in yesterday's official People's Daily and
    Bloomberg Business News  -  176 words
  • Article
    Asian stocks tumble on fears of further rises in US rates
    230 1 SINGAPORE Stocks in the region and in Japan tumbled yesterday on concern that strong US economic growth could lead to further increases in interest rates. In Singapore, expectations of good corporate earnings were overshadowed by worries that US funds
    230 words
  • Article
    Several top execs of Rakyat Merchant Bankers face probe
    451 1  -  From Leslie Lopez in KUALA LUMPUR BANK NEGARA, Malaysia's central bank, has launched an investigation into Rakyat Merchant Bankers, a subsidiary of a state-owned cooperative bank, over the institution's aggressive lending practices and questionable loans extended for share dealings. Banking sources
    451 words
  • Article
    Generous HK Budget cuts corporate tax to 16.5pc
    454 1  -  Fran Catherine Ong in HONGKONG HONGKONG has announced major salaries and corporate tax concessions in a surprisingly generous Budget which paints a robust outlook for the territory's finances. On the strength of a budget surplus of HKSIS.I billion for the current fiscal
    454 words
  • Article, Illustration
    JP Morgan to turn S'pore arm into a top trading house in Asia
    362 1  -  By Shiv Taneja SINGAPORE US investment bank JP Morgan is beefing up its operations in Singapore. It plans to have 140 dealers trading in foreign exchange, derivatives, fixed income securities and other financial instruments in Singapore by
    362 words
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      107 1 **h--***«*A*W fßurberrysl <rt >\r~^ _^/y/' vv^ Reigns when it pours CONTENTS Nan CM*Mtes S pore News 2 S po«*sa 17.18.19 Reponal News 3.4.5 Financial 20.21 World News 8 Anlysis 15 CHt/KLSE. S£S 24-26 Ctfteral 14 teponal 22 Sports 9 World 23 TV/lifestyle 11 Currencies JO fepon* Focus Smw/Commo 20.21 **>UlpUMi
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      20 1 Law: Pg 13 Getting drunk on their own liquor PM Goh in Vietnam: Jj Tourism and industrial estate projects mooted
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      20 1 Hock Lock Siew: pg nL3 2 When should you sell j&ttk shares? Mote reports. Page 17 Full reports, Pages 22-26
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      114 1 Ml The Bottom Line: Pg 16 thaos in the European Union D BRUNO MAGLI SOLE AGENT: Manlcx Marketing Pte Ltd Tel: 734 9494 Fax: 737 4192 Boutique*: Centrepoint #01-30 Tel: 7)7 4SOT Paragon By Sogo #01-11 Tel: 734 9935 Open Daily from 10.00 am to 8 00pm Corners: Metro Paragon
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      14 1 ICFWmmS?/H I II N E T T E S More Budget reports. Page 6
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Ringing in the good times
        281 2  -  By Anna Teo THE LEVEL of economic activity should remain robust in the first quarter, going by the number of international telephone calls. Latest figures from Singapore Telecom show that 11,130,000 overseas calls were made in November, or almost 19 per cent higher compared to
        Source: S'pore Telecom  -  281 words
    • Article
      First-ever diploma course in general insurance launched
      132 2 SINGAPORE'S first-ever diploma course in general insurance was launched yesterday by the Singapore Insurance Institute (SII). The exam-based course is aimed at widening the knowledge of general insurance staff and upgrading professionalism in the industry here. Gasses comprising six subjects taught by local
      132 words
    • Article, Illustration
      Hong Leong sells stake in computer firm to ex-partner
      442 2  -  IBM Singapore to take over ailing lAS By Joseph Rajendran AFTER losing at least $3 million since 1991, the Hong Leong group has sold its stake in a computer business venture to its former partner, IBM Singapore. The American giant, which
      442 words
    • Article
      EDB seeks private sector partners to invest in biotechnology
      337 2 THE GOVERNMENT is calling on the private sector to set up funds to invest in biotechnology in and outside Singapore. And to give its support, the Economic Development Board is prepared to co-invest in such funds and share its expertise and
      337 words
    • Article
      Strong manufacturing sector boosts demand for JTC factories, land
      283 2 DEMAND for Jurong Town Corporation (JTC) factories and industrial land edged up last year, backed by the strong performance of the manufacturing sector. A JTC press statement yesterday said demand for readybuilt factories grew 6 per cent to 2.7 million sq
      283 words
    • Article, Illustration
      S'pore getting even more successful, says book
      281 2  -  By Chuang Peck Ming AS THE world economy grows, small players like Singapore grow more powerful, says author John Naisbitt in a new book called Global Paradox. "Singapore is the smallest of what is often referred to as Asia's four Little Dragons South
      281 words
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      166 2 Priority Servicing 3 yearis' Renault Replacement car Pick up service available Free shuttle service to (24 hours notice) Programme See in-store for retails at a minimal charge MRT from Exklusiv Centre Today, after $2 billion worth of painstaking research and development, you can reap the rewards in the luxury of
      166 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Ban on British firms stays, but Anwar urges private sector not to join shutout
      715 3  -  From Ho Kay Tat in KUALA LUMPUR MALAYSIA said it is sticking to its decision to shut out British firms from government contracts but, fearing the row will spill over to other parts of the economy,
      Reuter  -  715 words
    • Article
      Lock icon UK firm in Sepang deal to be replaced
      74 3 Bernama KUALA LUMPUR The government is to call for tender, on a selective basis, to seek a replacement for Balfour Beatty, the British company leading the Anglo-Japanese consortium in the construction of the new Kuala Lumpur Airport in Sepang. Mr Anwar said:
      Bernama  -  74 words
    • Article
      Cambodia's ban on sawn timber export to hit Thai firms hardest
      247 3  -  By Harish Mehta SINGAPORE Cambodia has imposed a ban on the export of sawn timber a move that plugged a loophole in the law that prohibited the export of logs, but not sawn timber. The ban, which comes into
      247 words
    • ASIA NOTES
      • Article
        Lock icon Lankan ruling party wins local polls
        88 3 Reuter COLOMBO Sri Lanka's ruling United National Party (UNP) has triumphed in local council elections hut results yesterday showed it lost traditional minority support. Diplomats said the voters' verdict appeared clear: Back your own community. "The Tamils. Muslims and the Sinhalese supported their ethnic
        Reuter  -  88 words
      • Article
        Lock icon Suharto orders probe into alleged fraud
        60 3 UPI JAKARTA Indonesian President Suharto yesterdav ordered an investigation into the alleged USS43O million (*****.4 million) credit fraud at the state-owned Bapindo hank and said those who violated the law must be brought to court. Information Minister Harmoko told reporters that Mr Suharto made
        UPI  -  60 words
      • Article
        Lock icon Delhi's good news for foreign papers
        78 3 Reuter NEW DELHI An Indian court yesterday cleared the way for the introduction of foreign publications into India. The Delhi High Court threw out a bundle of petitions seeking to stop any such possible move by the government. "We do not find any merit
        Reuter  -  78 words
      • Article
        Lock icon Aussie Treasurer's assurance on rates
        66 3 Bloomberg Business News CANBERRA Australian Treasurer Ralph Willis tried to placate investor nervousness yesterday by predicting that official interest rates will remain stable because of low inflationary pressures. Australian bond markets fell yesterday in reaction to a sell-off in US bonds and an expectation there
        Bloomberg Business News  -  66 words
    • Article
      Kenwood to re-import its car audios made in M'sia
      209 3  -  From Koichi Ishiyama in TOKYO KENWOOD Corp, Japan's second biggest specialised audio equipment maker, has decided to re-import its car audios manufactured in Malaysia to overcome rising domestic costs caused by the stronger yen. A Kenwood spokesman told Business Times that
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  • CHINA/HONGKONG/TAIWAN
    • Article, Illustration
      Lock icon US addresses 2 main concerns in China
      627 4 Visiting officials stress need to build economic links, improve treatment of dissidents Reuter. AFP BEIJING Senior visiting American trade and human rights officials addressed the twin thrusts of United States policy towards China yesterday. stressing the need to build economic links and improve
      Reuter.; AFP  -  627 words
    • Article
      Lock icon China vows to overcome British obstacles ahead of HK handover
      232 4 AFP HONGKONG A top Chinese official vowed yesterday that China would overcome "obstacles" set up by Britain ahead of the handover of Hongkong to Beijing in 1997. Lu Ping, head of China's Hongkong and Macau Affairs Office, accused Britain of
      AFP  -  232 words
    • Article
      Lock icon Taiwan to crack down on piracy of US satellite TV
      244 4 Reuter TAIPEI Taiwan, ending three-day talks with the United States on the protection of foreign copyrights and patents yesterday, pledged to crack down on piracy of US satellite television programming. The island agreed to punish any local cable television stations
      Reuter  -  244 words
    • CHINA WATCH
      • Article
        Lock icon Beijing seeks infrastructure investment
        84 4 AFP BEUING Beijing municipality is seeking seven billion yuan (S$ 1.3 billion) in foreign investment to upgrade its infrastructure and ease congestion, the China Daily reported yesterday. ViceMayor Lu Yucheng said on Tuesday that the money would be used to build subways, power plants and highways,
        AFP  -  84 words
      • Article
        Lock icon China's stock market turnover soars
        115 4 Reuter BEIJING China's stock market turnover in 1993 reached a record 374 billion yuan (5567.7 billion), 3.3 times the level in 1992, with the market value of shares reaching 370 billion yuan, a 3.6-fold increase, the China Securities News said. It said firms from 42
        Reuter  -  115 words
      • Article
        Lock icon Hainan's GDP rises 22.8pc
        89 4 Reuter BEIJING China's Hainan province had real gross domestic product growth of 22.8 per cent last year, the official Xinhua news agency said yesterday. Hainan's agricultural output value reached more than 8.8 billion yuan (SSI.6 billion yuan), up by 11.3 per cent, a double-digit growth rate
        Reuter  -  89 words
      • Article
        Lock icon China, Sri Lanka to boost ties
        98 4 AFP COLOMBO Visiting Chinese Foreign Minister Qian Qichen on Tuesday pledged to boost economic cooperation with Sri Lanka and expressed support for the island's efforts to achieve national unity. Mr Qian, who arrived here on Monday on a three-day official visit, met Sri Lankan
        AFP  -  98 words
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      42 4 Long before the i 10-fat blueberry yogurt, pre-nuptial agreements, <s and m poodle psychologists, Ins sliirt s n j 1 everything has changed. v i y f MB^- 4lflp-^99H And his shirt is still an lI^I^HnH h ;J| SHIRTMAKER 1 smct 1851.
      42 words
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  • REST OF ASIA
    • Article, Illustration
      Lock icon Budget will boost economy, says Manmohan
      530 5 India's Finance Minister also discounts fears of inflationary spiral from USsl.Bb fiscal deficit AFP NEW DELHI Indian Finance Minister Manmohan Singh is confident his latest Budget, criticised as a politician's package, will result in rapid industrialisation and nudge the economy onto a path of
      AFP; Reuter  -  530 words
    • Article
      Lock icon Manmohan faces high-level electoral fraud probe
      173 5 Reuter NEW DELHI Indian Finance Minister Manmohan Singh, who barely survived the nation's biggest financial scandal, is facing a high-level probe into his election to Parliament, politicians here said yesterday. They said Mr Singh, whose resignation was rejected by Prime Minister P V Narasimha
      Reuter  -  173 words
    • Article
      Lock icon Indian telecom monopoly to sell US$1b in GDRs
      389 5 Reuter NEW DELHI In the biggest sale of Indian equity to foreign investors to date, Videsh Sanchar Nigam Ltd (VSNL), the Indian government's overseas telecommunications monopoly, will sell US$l billion (551.58 billion) in global depository receipts. VSNL's chairman Brijendra Kumar Syngal yesterday
      Reuter  -  389 words
    • Article
      Lock icon Japanese investment in Australia down 23pc
      251 5 Reuter CANBERRA Japanese investment in Australia fell 23 per cent to As 2 billion (552.2 billion) in fiscal 1992-93, continuing a trend that began at the end of the 1980s boom, the government said yesterday. But overall foreign investment in Australia rose 52 per
      Reuter  -  251 words
    • Article
      Lock icon Economy has not hit bottom yet, says Japan's employers' group chief
      168 5 Reuter TOKYO It is too early to say Japan's economy has hit bottom, Takeshi Nagano, chairman of the Japan Federation of Employers' Associations, told a news conference. Referring to the Bank of Japan's (BOJ) quarterly corporate survey announced on
      Reuter  -  168 words
    • Article
      Lock icon Hosokawa drops plan for Cabinet shakeup
      108 5 AP TOKYO Struggling to keep his fragile coalition from dividing further. Prime Minister Morihiro Hosokawa yesterday gave up plans to shake up his seven-month old Cabinet. The plan had met with stiff opposition from several members of his seven-party coalition government, including the Socialists,
      AP  -  108 words
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      12 5 Editorial: India's risky course, Pg 14 India gambles on growth, Pg 14
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      433 5 An Estimated increase in membership cost TYPE APR' 93 AUG '93 APR '94 END '94 1995 ORDINARY (OVERSEAS) 20,000 25,000 27,500 30,000 40,000 CORPORATE "A" 25,000 30,000 33,000 36,000 46,000 CORPORATE "B" 60,000 70,000 75,000 80,000 90,000 The Early Bird Catches rutur The Fatter Worm Throughout history, pioneers and OQSK»
      433 words
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  • HONGKONG BUDGET '94
    • Article, Illustration
      Lock icon Big giveaway package with a HK$7.7b surplus
      867 6  -  Contractionary Budget comes as surprise to tax experts, who had expected higher infrastructure spending Reports from Catherine Ong in HONGKONG AGAINST most expectations, Hongkong Financial Secretary Hamish Macleod has planned for a Budget surplus of HKS7.7 billion for the financial year 1994-95. The
      AFP  -  867 words
    • Article
      HK's economic success lies in servicing China economy
      326 6 HONGKONG'S role in servicing China's economy is increasingly the key to its future economic success, said Financial Secretary Hamish Macleod. Confident that the territory's economic prospects in 1994 will remain good. Sir Hamish maintained that the factors for last year's success will
      326 words
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      567 6 URA SALE OF SITES' KEW 111 CREATING OPPORTUNITIES FOR QUALITY HOUSING The Urban Redevelopment Authority (URA) is offering for sale by public auction and public tender land parcels at Kew Drive for the development of landed properties. The Kew Drive project comprises three phases. Phase 111 Location Map Temure which
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      1207 7 ADVERTISEMENT the architects of time Writing a new Time for chapter in the sports and arts hlStOry OI tune crossed the barrier of lime. now appeal successful marriage of aesthetics asts am j discerning lovers of art. o was conceived in the Sporis line. r mtki^^L history of watchmaking. Since
      1,207 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Record fall in W German retail sales
        67 8 Reuter COLOGNE, Germany Recession caused west German retail sales to fall by a record 18.2 billion marks (5516.9 billion) in 1993 to 760 billion marks, the HDE federation of German retailers said. The federation said sales fell 4 per cent in real terms
        Reuter  -  67 words
      • Article
        UK currency reserves down US$26m
        49 8 LONDON Britain's official foreign currency reserves fell by US$26 million (Ss4l million) to U5543.41 billion in February, the treasury said yesterday, announcing seasonally-corrected figures. Analysts had forecast that reserves would rise by US$5O million in February after a rise of US$2O5 million in January.
        49 words
      • Article, Illustration
        Lock icon More breeding wild snails
        50 8 Reuter PARIS President of the French National Snail breeders group Anne Oblin with some of her crop during the annual Paris Agriculture show on Tuesday. With a growing scarcity of the traditional wild snail, more people are starting to breed the slimy hermaphrodite salad eaters. Reuter
        Reuter  -  50 words
      • Article
        Lock icon Major asks US to back peace plan
        90 8 Reuter NEW YORK British Prime Minister John Major, fresh from fence-mending talks with President Clinton, appealed to Americans on Tuesday to back his troubled initiative for peace in Northern Ireland. In a speech to businessmen on the last leg of a 48-hour US
        Reuter  -  90 words
      • Article
        Lock icon Tourists flocking to Britain
        68 8 Reuter LONDON A record number of foreign tourists visited Britain last year and spent a record amount of money, official figures released yesterday said. Tourism Minister lain Sproat said provisional figures showed there were 19.3 million foreign visitors in 1993 four per cent higher than the
        Reuter  -  68 words
    • Article
      Lock icon Finland, Sweden and Austria agree on terms for joining EU
      553 8 Reuter BRUSSELS The European Union has clinched membership terms for three out of four applicant states to extend the group north beyond the Arctic Circle and east to the Russian frontier. In a hectic bout of bargaining that climaxed five
      Reuter  -  553 words
    • Article
      Lock icon Indicators mixed but reflect UK recovery
      264 8 Bloomberg Business News LONDON Recent UK eco nomic indicators "arc mixed," but consistent with a trend of continuing recovery, the UK Treasury said. While retail sales in January continued to rise and output expectations from the Confederation of British Industry improved, manufacturing production fell
      Bloomberg Business News  -  264 words
    • Article
      Lock icon Competition still far away long after UK privatisation
      278 8 AFP LONDON Ten years after the British government erabarked on a sell-off of state assets, consumers are still awaiting the surge of competition the bellwether sale was meant to herald. In 1984, then prime minister Margaret Thatcher launched privatisation with two goals
      AFP  -  278 words
    • Article
      Lock icon G7 union leaders seek deep cuts in Euro rates, spending plan
      280 8 Reuter PARIS A delegation of trade union leaders from the Group of Seven countries called for deep cuts in European short-term interest rates and a global public spending plan to stem rising unemployment. The trade union advisory committee to
      Reuter  -  280 words
    • Article, Illustration
      Lock icon Reaching out for more donors
      74 8 AFP LONDON Virgin boss Richard Branson (right) and Parliamentary Secretary of the Department of Health, Tom Sackvilie launching 80,000 balloons on Tuesday one for each donor and one for each organ transplant. The campaign is to encourage people to cany donor cards since the UK
      AFP  -  74 words
    • Article
      Lock icon US Senate rejects constitutional amendment on Budget
      290 8 NYT WASHINGTON The Senate on Tuesday night rejected a constitutional amendment to require a balanced federal budget. killing the proposal for at least this year. The vote was 63-37, leaving the measure four votes short of the two-thirds majority required for a constitutional
      NYT  -  290 words
    • Article
      Lock icon Russian woes may hit new deals with US firms
      372 8 Reuter NEW YORK The controversy over the Aldrich Ames spy case and Russian President Boris Yeltsin's political problems are not seen as an immediate threat to US investment in the former Soviet Union though they may deter new deals. "Investment in
      Reuter  -  372 words
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      578 8 mm ASEAN BUSINESS FORUM '94 17TH MARCH 1994, HYATT REGENCY HOTEL, SINGAPORE Twenty four companies from the Nordrhein-Westfalen state of the Federal Republic of Germany will be participating in a one-day business forum on 17 March 1994 at the Hyatt Regency Hotel, Singapore. They are manufacturers of varied products, equipments
      578 words
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  • SPORTS
    • Article
      Lock icon Rafter, world's 49th, upsets second seed Courier
      824 9 AP INDIAN WELLS, California Patrick Rafter, a 21-year-old Australian ranked 49th in the world, upset Jim Courier 7-6 (7-2), 6-2 on Tuesday in the second round of the Champions Cup. Courier, seeded second and ranked third in the world, went quietly in the
      AP  -  824 words
    • Article, Illustration
      Lock icon Where have all the fans gone?
      48 9 Reuter GLASGOW, Scotland A Celtic fan sitting forlornly with his hither in the empty stands at Celtic Park on Tuesday. A massive boycott by Celtic fans saw only a few thousand turn up at Parkhead for the team's match against Kilmarnock. Renter
      Reuter  -  48 words
    • Article, Illustration
      Lock icon Faldo's fit and ready to compete
      264 9 Golf Reuter MIAMI, Florida After a winter spent in the gym rather than the golf course, Britain's Nick Faldo said on Tuesday that he was fitter than ever and ready to compete. Faldo is part of the field this week at the Doral Open,
      Reuter  -  264 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Basketball
        85 9 AP BATON ROUGE, Loaisiana Shaquille O'Neal tried without success to get college credit for acting in a movie. Although such projects can count as course work, O'Neal was too busy filming and travelling in Europe to make the arrangements. In Blue Chips. O'Neal played a top high school prospect
        AP  -  85 words
      • Article, Illustration
        Lock icon Boxing
        129 9 AFP AFP TOKYO World Boxing Association junior featherweight champion Wilfredo Vasquez, 33, of Puerto Rico easily retained his title by stopping Yuichi Kasai, 24, in the first round at the Tokyo Metropolitan Gymnasium yesterday. The defending champion launched powerful hooks and uppercuts to the face to send the Japanese
        AFP  -  129 words
      • Article, Illustration
        Lock icon Cricket
        89 9 Reuter NAIROBI A majestic 158 not out by Maurice Odumbe earned Kenya a place at the next cricket World Cup in 1996 as they beat Bermuda by 64 runs in the first semifinal of the ICC Trophy on Tuesday. The Kenyans will face the winners of today's second semifinal
        Reuter  -  89 words
      • Article, Illustration
        Lock icon Golf
        249 9 Reuter AFP SINGAPORE Rokx Masters leading Ist id scores at the Singspore Island Country Club, Bukit Coarse yesterday: 67 D Macmillan (US) 68 M Ramayah (Mai) 69 M Nitta (Jpn), M Siodina (Phi) 70 S Atako (Jpn), A Norris (US) S Gtasoa (Sin) 71 K Yonemoto (Can), M Maragiah,
        Reuter; AFP  -  249 words
      • Article, Illustration
        Lock icon Motor-racing
        104 9 AP LISBON, Portugal Defending champion Francois Delecour of France dropped out of the fourday, 2,215 km Portugal Rally yesterday after a cylinder ruptured in his Ford Escort Cosworth CS. Top World Rally driver Juha Kankkunen of Finland shot to the lead, one second ahead of Delecour's Ford teammate Massimo
        AP  -  104 words
      • Article, Illustration
        Lock icon Tennis
        342 9 Reuter AP AFP INDIAN WELLS, Cobfaroio Results of the Champions Cap Tuesday Ist r* Petr Korda (Cze) b Mark Woodforde (Aust) 7-5 6-1; Marc Rosset (Swit) b Gilbert Schaller (Aus) 3-6 6-2 6-2; Wayne Ferreira (SA) b Karsten Braasch (Ger) 6-7 6-4, 7-5; MaliVai Washington (US)b David Nainkin (SA)
        Reuter; AP; AFP  -  342 words
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      1159 9 SEMBAWANG SHIPYARD UMTTED (Incorporated in the Republic of Singapore) Dm Dlnclori of Bombaotong Shipyard LMM ennounco the unaudited reoulto of too Group ond tho Company lor ta year onM 91 Oocombor 1903 00 foNowo: GROUP COMPANY MB MB %w- MB sfooo ss*ooo si wo srooo Revenue 000,103 707,926 -6 300,700
      1,159 words
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      901 10 NmMmHWS WHERE T0 W,HE DINE AND entertain or OURFAMOUSLOCAL^y Kg FOODEIJFFmSBAGK H K3|J| Featuring tempting local favourites HHH 5m89 like barbecued sting ray. ngoh hiang ITVn IkJ hae piah, chai tow kuay, seafood mee l>7ju| KoCffl goreng, mutton briyani, muah chee, rJIIH Mjj LUNCH BUFFET DINNER BUFFET llli Mlffll $15.M+*
      901 words
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      Page 10 Advertisements Column 2
      321 10 In a zvord. In all modesty, it is the one word that Best describes the appetiser spread at our monthly international lunch buffet. If you haven t tried it, our suggestion, in a word, would be hurry'. fjjr for reservations, please call *****51. /K Singapore frrnch 'Buffet for the month
      321 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Houston, Aladdin sweep the field
      921 11 Jon Pareles reports on the 36th annual Grammy Awards ceremony NYT SWOOPING, trembling and ululating, Whitney Houston opened the 36th annual Grammy Awards ceremonies on Tuesday night with the song that garnered the top awards: Will Always Love You. The awards, given in 79 musical
      NYT; AFP; Reuter  -  921 words
    • Article
      Lock icon Selected list of winners
      449 11 Source: AP Record of the year Will Always Love You. Whitney Houston, producer David Foster. Album of the year The Bodyguard. Whitney Houston, producers David Foster, Narada Michael Walden, L A Reid, Babyface. Whitney Houston and Be Be Winans. Song of the year A Whole Sew
      Source: AP  -  449 words
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      209 11 ■HlWfjVfiMraH r M I |f jnw jsjj *Jh I j unhMlsm 1 IF YOU LIVE OUTSIDE ».e»» IF YOU WORK OUTSIDE STAY OUTSIDE! WE ARE LOCATED JUST OUTSIDE! RIVER GARDEN 24 HOURS 2F™.ra£ S COFFEE HOUSE KCaIAUNAn I offers you a tasty informal meal or a offers you a healthy
      209 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1236 11 TV RADIO John Candy loves the outdoors arranges to sons about the brother-in-law (Dan comes along. This 1988 comehas of good fttflfclaughs among the predictable gags about bears, bats and Ys^^^Tu boats. -"""""T Tom Burlinson. Rob Leibman Bf and Martin Vaughn star in this f \j Wf^ true account of
      1,236 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Beaming radar technology from Down Under
      715 12  -  An advanced radar system from Australia, unveiled at last week's Asian Aerospace show, stirred considerable regional interest. Tye Kim Khiat has the details Tye Kim Khiat Australia is extending its hightechnology horizon far into AsiaPacific through the overseas marketing, for the first time, of
      715 words
    • Article
      Lock icon Air drag breakthrough opens up new world
      207 12 AP A RECENT technological breakthrough in reducing energy-consuming drag on moving aircraft and ships could sharply lower the cost of transportation and improve the US defences. The National Science Foundation and the Defence Department in the United States have spent U*****,000 (*****,000) on
      AP  -  207 words
    • Article
      Lock icon Light bulbs becoming smaller and brighter
      315 12 NYT THE electronic revolution, which swept the vacuum radio tube away 40 years ago, may be about to do the same to the lowly light bulb. General Electric Co, which traces its roots to Thomas Edison's original incandescent bulb, is teaming up with Motorola
      NYT  -  315 words
    • IN TAKES
      • Article
        Lock icon Catching those tumours early
        59 12 AP MASSACHUSETTS The long-sought ability to catch tumors early before they've spread throughout the body has moved closer to reality and to saving lives, scientists reported Tuesday. Based on research into a little-understood protein structure that exists in every cell the nuclear matrix researchers have identified
        AP  -  59 words
      • Article, Illustration
        Lock icon End of steepness nights?
        82 12 AP WASHINGTON Small doses of the natural hormone melatonin will quickly bring on sleep for the sleepless without the narcotic effect of drugs, researchers reported on Tuesday. In study published at Massachusetts Institute of Technology scientists say that test subjects dropped into deep slumber within minutes
        AP  -  82 words
      • Article
        Lock icon 16-year-old develops robot
        32 12 Bernama NEW DELHI A 16-year-old schoolgirl from Lucknow has developed a robot that clicks photographs from angles inaccessible to man and has an in-built infra-red collision avoidance system. Bernama
        Bernama  -  32 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      204 12 Internetworking is changing! It's changing the way businesses operate. And, it's changing the face networking itself. Increasing demands for high speed internetworks require new CISCIiYSTEIS high performance products and concepts. ATM and LAN switching for greater performance and virtual LANs for easier administration to name just a few. Cisco's new
      204 words
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      35 12 r •m ILF fBMWmWW m m Si i m "fVBBiI y// k w S 1 £»TrStT»I% I 11 Mv|^!'. dL^ ''[OF 'fll 1 3b ft]U fi*#sl ifgpP* jB Cr B ||^j^T„ ,t GET IT NOW
      35 words
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  • THE LAW PAGE
    • Article, Illustration
      Lock icon Lawyers who got drunk on their own liquor
      2012 13  -  Jan Hoffman outlines events leading to the demise of US law firm Shea Gould which struck an associate relationship with S'pore's Lee Lee last year Jan Hoffman NYT FOR a change this year, Milton Gould, the 84-year-old paterfamilias of the New York
      NYT  -  2,012 words
    • Article, Illustration
      No saying how much your lawyer will cost you
      652 13  -  AT THE BAR *j| By Ramesh Divyanathan WHEN it comes to lawyers' fees, the sky's the limit, so it seems. A lawyer in the government sector said he recently discovered that a defence lawyer had charged $30,000 for a day's hearing
      652 words
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  • Article
    India's risky course
    523 14 imOMAL THE Budget unveiled by India's Finance Minister Manmohan Singh on Monday smacks of a populism that might go down well in opinion polls, but will put India's public finances at some risk. Mr Singh's US$5O billion (Ss79 billion) spending package is bursting with goodies, including cuts
    523 words
  • WHAT THE OTHERS SAY
    • Article
      Unfinished job in Moscow
      374 14 WARNINGS about the imminent outbreak of civil war in Russia undoubtedly contain an element of hyperbole. Nevertheless, the release of a number of political prisoners, including former Vice-President Alexander Rutskoi, who became "acting president" in the abortive coup of October 1993, marked a further stage in
      374 words
    • Article
      A justifiably angry reaction
      207 14 ALLEGATIONS of bribery are a very serious matter. Hence, when British newspapers alleged that there were some wrongdoings in the Perdau Dam project, the Malaysians rightly reacted quite angrily. Prime Minister Mahathir Mohamad, in particular, could not afford to take the allegations lightly as, at home,
      207 words
    • Article
      Develop the Asian market
      200 14 TRADE between China and Japan, the two big Asian countries and close neighbours, reached a record high last year, making Japan China's biggest trade partner. Also noteworthy is China's surplus over Japan. This development shows that with the economic growth in East Asia, Japan's economic ties
      200 words
    • Article
      Stop evading the issue
      170 14 CHINA cannot successfully dismiss reports by the human rights groups Asia Watch and Amnesty International with attacks. It must instead confront the charges, in a forthright way. There are two main reasons why this approach must be taken, and why it can prevail. The first is
      170 words
    • Article
      Sour grapes
      217 14 IT IS unfortunate that British industries, in dire need of foreign business to keep them going, should now suffer the consequences of their irresponsible press. The height of its mindless communication, as manifested in its utterly ridiculous allegations against the integrity of our leaders, threatens to cripple the
      217 words
    • Article
      Beyond the law
      176 14 THE TROUBLE in busting drug gangs everywhere is that these organisations impose tight disciplinary measures on their members, who are often under the threat of death if they dare open their mouths. To overcome this problem the government should start from the beginning. Our law on narcotics
      176 words
  • Article, Illustration
    India gambles on growth
    974 14  -  From New Delhi, Nirmal Ghosh reports on reactions to Monday's Budget Nirmal Ghosh INDIAN Finance Minister Manmohan Singh is fond of sprinkling his speeches in Parliament with Hindi and Urdu poetry, much to the delight of the ruling party and the irritation of the opposition. After
    974 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      7 14 Doonesbury has been delayed in the mail
      7 words
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      Page 14 Advertisements Column 2
      178 14 Drop anchor and enjoy the full attention of the entire shipping industry. Shipping Times will publish a special feature in conjunction with SINGAPORT 94 International Maritime Exhibition and Conference, Asia's premier biennial maritime event, to be held in Singapore from March 22 to 25,1994. ONCE IN TWO YEARS, A GREAT
      178 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      32 14 OH, 7XP\T I ueße R DRIVING GaCME. ufb* THeftE. sve. Goes «N HeJ? uttlgP.nk tvipvt st€j£Rimg uned- I ™.ght GOfcGecuS miss P?e.T OP <UE€»fNPvONE. TOUCH THRT UPWO-.--J* I C •S»OCIATtOMtm>«H«»tTO mum firf*
      32 words
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  • ANALYSIS
    • Article, Illustration
      They both know a divorce would be hell
      1564 15  -  While Leon Hadar says the economic balance of terror between Washington and Tokyo will prevent a total trade war, Sylvia Nasar finds the US economic machine moving into top gear again after more than 10 years of sometimes innovative and often wrenching
      1,564 words
    • Article, Illustration
      Lock icon A renaissance that caught the world unawares
      1482 15 NYT DURING the presidential campaign, Bill Clinton often fretted that the US economy was fast becoming the world's also-ran. But more and more it looks as if he inherited a winner. A 3 per cent economic growth rate, a gain of two million
      NYT  -  1,482 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      136 15 MM Direct from the United States of M ANAVV America to Singapore are 2 exclusive IYUrIvAA products: Konexx, your answer to too many Jk direct lines for your modems. Simply 3Rfl attach your modem to this interface. %ll u%M plug it to your exchange line and you can use your
      136 words
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  • Article, Illustration
    Lock icon Vietnam seeks S'pore cooperation in tourism, industrial estate development
    574 16  -  From Loh Hui Yin in HANOI THE solid economic links between Singapore and Vietnam are set to expand into new areas of cooperation, such as tourism and industrial estate development. Vietnamese Prime Minister Vo Van Kiet suggested these projects when he
    AFP  -  574 words
  • Article
    Lock icon Zhu sees China's inflation foiling to 6pc next year
    189 16 AFP TOKYO Chinese VicePremier Zhu Rongji, who is also governor of the People's Bank of China, said yesterday that China's inflation rate is expected to fall to around 6 per cent next year. "Inflation has to be brought under control before
    AFP  -  189 words
  • Article
    Lock icon Japan to allow big banks to launch securities arms
    200 16 Reuter TOKYO Japan's Ministry of Finance yesterday unveiled guidelines which would allow major commercial banks to enter the securities business as part of the nation's financial reforms. Under the guidelines, worked out as a compromise between banks and the securities trade,
    Reuter  -  200 words
  • Article
    Lock icon US officials discuss renewal of Super 301
    579 16 Move may lead to higher tariffs on Japanese goods Reuter, NYT, AP WASHINGTON White House officials met yesterday to discuss whether to renew a procedure allowing the Ginton administration to raise tariffs on Japanese goods sold in the United States. The renewal of
    Reuter,; NYT,; AP  -  579 words
  • Article
    Lock icon US records largest trade deficit in six years
    274 16 Bloomberg Business News WASHINGTON The US posted the largest trade deficit in six years in 1993 as the shortfall with Japan set a record, the government said yesterday. The balance of payments report measures the value of foreign-made goods purchased at home
    Bloomberg Business News  -  274 words
  • Article, Illustration
    Chaos and disarray within the European Union
    863 16  -  The Bottom Line NEVILLE STACK NEVILLE STACK The writer is a political commentator based in London. He writes regularly for BT THE European Union was launched on Jan 1, 1993, with a fusillade of fireworks throughout the 12 member states. But now what
    863 words
  • Article
    Lock icon Hurd defends links between arms contract and aid to KL
    587 16 AFP, Bernama LONDON British Foreign Secretary Douglas Hurd yesterday acknowledged a "temporary, incorrect" link between aid to a Malaysia dam and a British defence contract, but said it was normal for a government to help its exporters. "That we should
    AFP,; Bernama  -  587 words
  • Page 16 Advertisements
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      89 16 lE®] FULL SERVICE OFFICES I ull\ tin iiisli*. (I \*.vuli\v Miius I illl -1 i iik Ma 11 ai (>lll s^rvkv UII U" |\lk V If (111 I nil ij >| >< u'l iiiLi ii|»-iu-(laU lai.il il us r;11Liiv I' kal i< >11 likal I< > 1 (>IK"/l\\<) |k l'soil
      89 words
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      Page 16 Advertisements Column 2
      28 16 1 22/0. T*l: $*****3 Hmst 11 m to 8 pm Daly Baa on British firms stays, bat Anwar urges private sector not to join shntont, P| 3 HLwraM/TflEMMANOffkzj/m
      28 words
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  • COMPANIES & MARKETS
    • Article
      CCL to buy 35pc stake in Viet car distributor
      413 17  -  By Harish Mehta SINGAPORE Motor distributor Cycle Carriage has agreed in principle to buy a 35 per cent stake in a Arm selling Mercedes-Benz cars in Ho Chi Minh City. Vietnamese sources say CCL and Peregrine Capital Vietnam Ltd signed the
      413 words
    • Article
      Keppel Corp posts 14pc rise in net earnings to $188m
      324 17  -  By Rahita Elias SINGAPORE Broad-based conglomerate Keppel Corp yesterday turned in a stunning set of 1993 financial results, lifted by its financial, property and rigbuilding arms. For the year ended Dec 31, 1993, group net earnings rose nearly 14 per
      324 words
    • Article
      Sembawang Shipyard suffers 2pc drop in group net earnings
      340 17 SINGAPORE Sembawang Shipyard yesterday announced slightly lower earnings for 1993, with net profit falling 2 per cent to $92 million. In terms of earnings per share, the group suffered a 7 per cent fall to 43.2 cents. According to the Estimates
      340 words
    • Article
      Bank stocks fall broadly despite good Keppel Bank results
      274 17  -  By Quak Hiang Whai SINGAPORE Bank stocks fell almost across the board yesterday despite Keppel Bank's announcement of an impressive 101.4 per cent rise in 1993 net earnings. Analysts said the banking counters had fallen in line with the overall weakness
      274 words
    • Article
      When should you sell your shares?
      932 17  -  HOCK LOCK SIEW By Amy Balan SINGAPORE There is a time and place for everything, and especially so in stock investment a time to buy and a time to sell shares. The problem is, most people concentrate on the buying and pay scant regard
      932 words
    • Article
      YHS invites 3 new directors to board after call for EGM
      295 17  -  By Conrad Raj SINGAPORE Food and beverage manufacturer Yeo Hiap Seng Ltd has invited three new directors to its board afler it was served a notice to call an extraordinary general meeting to appoint four new directors. The proposed
      295 words
    • Article
      Seven get options to buy units in Bukit Timah condo
      135 17 SINGAPORE Garment manufacturer Wing Tai Holdings yesterday announced that its subsidiary. Evermore Investment, has granted options to buy seven units of its Maplewoods condominium development to several persons connected to its directors and substantial shareholders, and directors of its subsidiary.
      135 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        39 17 Weak Market Mood indicates the likely trading sentiment today, based on ItrokiTs /tolled at ?-ftnm yesterday. Overnight events may alter sentiment. Broken polled: Barings. Daiwa. UK Goh. Kay Hian. Ongco. I'at Iwe and Smith New C onrt.
        39 words
      • Article, Illustration
        HOT STOCK
        144 17  -  By Quak Hiang Whai Cosco Investment, formerly known as Sun Corporation, has run up from below S3 to almost $10 in about two months. Cosco closed 45 cents lower at $9.50 yesterday and chances are the stock will continue to lose strength from here. The problem with stocks
        144 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Van Der Horst directors sell shares
          82 18 SINGAPORE —MA Oxborrow and HT McConnell, directors of Van Der Horst Ltd, have sold shares in the company. Mr Oxborrow sold his entire stake or 50,000 units for $395,434 on Feb 24, while Mr McConnell sold his entire stake or 40,000 shares for about
          82 words
        • Article
          Tuan Sing unit bags Indon piling deal
          57 18 SINGAPORE Tuan Sing Holdings said its listed subsidiary SPP Ltd has secured a $30 million piling contract in Indonesia. Work on the project is expected to start soon and will be completed by this year. Tuan Sing said SPP will continue to look
          57 words
        • Article
          Myanmar green light for OCBC office
          39 18 SINGAPORE OCBC Bank said it has been given approval by the Myanmar banking authorities to open a representative office in Yangon. The Singapore bank did not say when the office will be opened.
          39 words
        • Article
          Sincere buys HK distribution business
          45 18 SINGAPORE Sincere Watch said it has bought the entire watch distribution business of Hongkong's World Best International Ltd. Sincere paid HK52.95 million (*****,000) for the business, with HK$2.5 million going towards goodwill and the rest towards other assets and costs.
          45 words
        • Article
          Seapower replies to SES query
          97 18 SINGAPORE Seapower Asia Investments said it was unaware of any reasons behind the recent increase in price and turnover of its shares. But the company, formerly known as Summa Investments, said in a reply to the Stock Exchange of Singapore that the terms of subscription
          97 words
        • Article
          Lock icon TelecomAsia posts 611m baht profit
          78 18 Bloomberg Business News BANGKOK Telecom Asia Corp, a joint venture between the Charoen Pokphand Group and Nynex Network Systems, said its net profit for 1993 was 611.3 million baht (Ss3B million), or 0.3 baht per share. The company's quarterly performance wasn't given in its report
          Bloomberg Business News  -  78 words
      • Article
        HK's Hopewell bags fourth Philippine power project
        317 18  -  From Al Labita in MANILA HONGKONG'S Hopewell Holdings has bagged its fourth power project in the Philippines, making it the largest foreign investor in the nation's energy programme. It topped the bidding for the construction of a 1,000megawatt (mw) baseload plant, the biggest
        317 words
      • Article, Illustration
        Lock icon Hopewell affirms commitment to Thai project
        169 18 Bloomberg Business News BANGKOK Hopewell (Thailand) Ltd said it is committed to developing an 80 billion baht (SSS billion) mass transit system in Bangkok. Hopewell signed a contract with the State Railway of Thailand three years ago to build and operate a 60-km road
        Bloomberg Business News  -  169 words
      • Article
        Lock icon Westmont makes offer for rest of shares in Samanda
        255 18 Bernama KUALA LUMPUR Westmont Holdings Sdn Bhd is making a mandatory cash offer to acquire the remaining 30,108.685 shares of Msl each in the capital of Samanda Holdings Bhd which it does not already own. The company already owned 30 million
        Bernama  -  255 words
      • Article
        Thai steel group commissions 15b baht plant, plans listing
        456 18  -  From Alan Boyd in BANGKOK THE Sahaviriya Steel Industries (SSI) group has commissioned a 15-billion baht (***** million) plant in south-east Thailand and confirmed plans for a stock market listing this year. With a potential output of 2.4 million tonnes, the
        456 words
      • Article
        Lock icon Hume to buy 50pc stake in John Holland's Asian firms
        411 18 MBT KUALA LUMPUR Hume Industries (M) Bhd. will soon become a regional player in the construction sector with its proposed acquisition of a SO per cent stake in the Asian member companies of the John Holland group for MS4O million
        MBT  -  411 words
      • Article
        Lock icon MHS has lofty plans for Malaysian national carrier
        328 18 Reuter KUALA LUMPUR Malaysian Helicopter Services Bhd (MHS). which is to take a 32 per cent stake in Malaysian Airline System Bhd. plans to make the national carrier one of the most highly regarded airline operators in the world. MHS chairman Saw
        Reuter  -  328 words
      • Article
        Lock icon Diversified Resources in construction venture
        151 18 Bernama KUALA LUMPUR Diversified Resources Bhd has entered into an agreement with four parties to set up a joint venture construction company to undertake public infrastnictural works. DRB said in a statement on Tuesday that its joint venture partners were Lembaga Tabung Angkatan Tentera (LTAT),
        Bernama  -  151 words
      • Article
        Lock icon Indocement in US$420m joint venture plant in Kalimantan
        274 18 Reuter JAKARTA PT Indocement Tunggal Prakarsa. Indonesia's largest cement maker, will build a US$42O million (***** million) cement plant in South Kalimantan province in a joint venture with South Korean and Japanese firms. In an announcement in the Jakarta Post yesterday, public-ly-listed
        Reuter  -  274 words
      • Article
        UNIT TRUSTS & FUNDS
        506 18 UNIT TRUSTS FUNDS •mmn'mkmto Mar3 UMB ImtSt Mgt LU rMr,«nf llmjf T|u,| I nifund I.)) 1.61 l I nibond f 1.02 1.05 Tte Commerce 1.79 I-SB United Gr Fund 1.67 1.73 TV Savin«s Fund 1.63 I 7l«d United Asia Fund 1.85 195* S pore Krog Fund 0.7} 0.79 Yporc See
        506 words
      • Article
        Untitled
        425 18 Bw—I Ex Into Pay tote daw fele BAT 21* F 86.9N Mar It Mar 24 Apr 6 Benaya Group I 6 Mar 11 Mar 28 Apr IS Bcrjaya Ind I 4 Mar 11 Mar 2t Apr 12 Benaya Leisure I 5 Feb 22 Mar I Apr 6 BMTSIO I SO
        425 words
      • Article
        Lock icon Japan steel makers to sink deeper into red, say analysts
        391 19 Reuter TOKYO Despite Japan's public works blitz and the United States' rapid economic recovery, Japanese steelmakers' earnings would remain mired in red ink, industry analysts said yesterday. Japan's top five blast-fur-nace steelmakers Nippon Steel Corp, NKK Corp, Kawasaki Steel Corp,
        Reuter  -  391 words
      • Article, Illustration
        Lock icon Calling for more phone shares
        44 19 Reuter LIMA, Peru Shares in Compania Peruanade Telefonos SA leapt 10 per cent, the maximum allowed by Peru's stock rules, as investors snapped up all the shares on offer following Monday's sale of the company hy the state. Renter
        Reuter  -  44 words
      • Article
        Lock icon Coca-Cola, Swire to raise bottling capacity in China
        167 19 AFP HONGKONG US softdrink giant Coca-Cola Co signed a memorandum of understanding yesterday with Swire Pacific in a move to increase bottling capacity in the region as well as in China. The agreement between Coca-Cola and Hongkongbased Swire Pacific provides for a
        AFP  -  167 words
      • Article
        Lock icon Japan's Kyocera lowers profit forecasts
        179 19 Bloomberg Business News TOKYO Kyocera, Japan's largest maker of integrated circuit ceramic packages for microprocessors, has lowered its forecasts for profit and sales for the year ending March 31, a company spokesman said. Kyocera now expects to report a 0.8 per cent increase in operating
        Bloomberg Business News  -  179 words
      • Article
        Lock icon Merger expert Vaskevitch to be sentenced on Monday
        247 19 NYT NEW YORK During the last decade, government investigations of wrongdoing on Wall Street successfully transformed once-respected names like Boesky, Milken and Drexel into synonyms for white-collar crime. But even with those victories, nothing quite rankled government investigators as the name of
        NYT  -  247 words
      • Article
        Lock icon Cathay Pacific's profits hit by strike, recession
        396 19 Reuter HONGKONG Cathay Pacific Airways will report a dramatic slide in profits for 1993 as the effects of a strike and recession in major markets wreak misery on its bottom line. Analysts yesterday forecast net profit for the carrier, which reports on March
        Reuter  -  396 words
      • COMPANY BRIEFS
        • Article
          Lock icon Sichuan proposes stock exchange
          70 19 AFP HONGKONG Sichuan, the home province of Chinese patriarch Deng Xiaoping, is seeking to set up China's third stock exchange. The provincial capital Chengdu is to be the site of the bourse in the proposal submitted to the Sichuan provincial government, the Beijing-run Ta Kung Pao
          AFP  -  70 words
        • Article
          Lock icon Itochu consortium wins US$80m job
          72 19 Reuter TOKYO An international consortium including Itochu Corp has won a Chinese order to construct a steel mill worth US$BO million (Ssl26 million). Itochu, German industrial machinery maker Mannesmann Demag and Spanish engineering firm Tecnicas Reunidas will co-operate to build a steel mill for Wuhan
          Reuter  -  72 words
        • Article
          Lock icon HK firm in Viet rice venture
          41 19 Reuter HANOI Hongkong's Golden Resources Development International Ltd has set up a US$lO million (5515.8 million) joint venture with four Vietnamese provinces to plant and process rice for export, the official Vietnam News reported. Reuter
          Reuter  -  41 words
        • Article
          Lock icon Samsung's net gain up 113pc
          79 19 Bloomberg Business News LONDON Samsung Electronics, South Korea's largest electronics company, said its 1993 net earnings rose by 113 per cent to 154.8 billion won (Ss3oo million) from 1992 as sales climbed 32 per cent to 8,155 billion won, the Financial Times reported. The rise
          Bloomberg Business News  -  79 words
        • Article
          Lock icon Virgin Megastores in South Korea
          76 19 Reuter SEOUL South Korea's Saehan Media Corp said it had signed a 50-50 joint-venture agreement with Britain's Virgin Retail Group Ltd to develop Virgin Megastore music and entertainment shops in the country. An official at Saehan Media, the nation's biggest maker of magnetic tapes, said
          Reuter  -  76 words
        • Article
          Lock icon China Steel share price dives
          104 19 Reuter TAIPEI A plunge in China Steel Corp shares is threatening plans to sell about US$l.3 billion (Ss2 billion) of stock in the steel giant in what would be Taiwan's biggest privatisation exercise, officials and analysts said yesterday. The Commission of National Corporations said it
          Reuter  -  104 words
    • FINANCE & COMMODITIES
      • Article
        Simex offering incentives to locals to promote contracts
        338 20  -  By Quak Hiang Whai SINGAPORE Singapore International Monetary Exchange (Simex) is offering incentives to non-clearing individual traders, popularly known as locals, in a new scheme to promote trading on its newer but less popular contracts. Simex yesterday announced its Contract Development Incentive
        338 words
      • SMALL CHANGE
        • Article
          Lock icon Abbey National posts £704m pre-tax
          95 20 Knight-Ridder LONDON The UK's Abbey National bank yesterday announced a full year 1993 pre-tax profit of £704 million (551.64 billion). This followed a profit of £564 million in the whole of 1992 and a profit of £301 million in the 6 months ended June 30.
          Knight-Ridder  -  95 words
        • Article
          Lock icon Sakura Bank, Arthur Andersen tie up
          86 20 AP TOKYO Sakura Bank Ltd, one of Japan's biggest banks, is tyinptip with US accounting giant Arthur Andersen and Co to help meet the growing demand in Japan for advice about investing abroad. Sakura is the first of Japan's 11 large "city banks" to
          AP  -  86 words
        • Article
          Lock icon M'sian firm to issue Eurobonds
          89 20 KnightRidder KUALA LUMPUR Malaysian company Aokam Perdana plans to issue USSI2S million (S$ 197.5 million) of convertible Eurobonds, an official at Commerce International Merchant Bankers said yesterday. The bank is the local adviser for the bond issue. The fixed-rate bond is expected to have a
          Knight- Ridder  -  89 words
        • Article
          Lock icon Bank Bumiputra revises base rate
          67 20 Bernama KUALA LUMPUR Bank Bumiputra Malaysia Berhad is revising its base lending rate (BLR) from 7.85 per cent to 7.60 per cent per annum effective March 3. The last revision was on Dec 18 last year, when the rate was reduced from 8.00 per cent
          Bernama  -  67 words
        • Article
          Lock icon Thai firm's domestic bond sale
          75 20 Bloomberg Business News BANGKOK Finance One pic, Thailand's largest finance company, will offer 2.4 billion baht (SSI49 million) worth of debentures.. with attached warrants from March 3 to 9 to existing shattholders. The size of the domestic bond sale equals the largest ever by a
          Bloomberg Business News  -  75 words
        • Article
          Lock icon General Accident's pre-tax up
          74 20 Bloomberg Business News LONDON General Accident pic yesterday said it swung to a heakhy profit in 1993 as a result of the turnaround in its UK business, higher insurance premiums and better investment returns: A leading British general and life insurer. General Accident said it earned
          Bloomberg Business News  -  74 words
      • Article, Illustration
        Lock icon US bankers back Fed against Clinton plan to centralise regulation
        402 20 NYT WASHINGTON In a closed meeting with the Federal Reserve's top officials, a dozen of the United States' most powerful bankers vowed to back the Fed in opposing the Clinton administration's plan for centralising bank regulation. The chairmen of big
        NYT  -  402 words
      • Article
        Lock icon Australia's Delta Gold interim profit up 250pc
        191 20 Bloomberg Business News SYDNEY Australian gold producer Delta Gold NL said net profit surged 250 per cent in the six months ended Dec 31 and the estimate of gold in the ground at its mines has grown by nearly one million ounces. Profit
        Bloomberg Business News  -  191 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        139 20 A 7.5 per cent rise in fourth quarter GDP out of US together with expectations of interest rate hike allowed a USS rally overnight. The USS/SS saw early morning USS purchases as players covered overnight short-positions. Commercial USS purchase locally added impetus to this move.
        139 words
      • Article
        Lock icon London
        195 20 Reuter LONDON The dollar dived for covcr in Europe yesterday as investors liquidated positions in global bonds and equity markets on worries over US inflation. A huge rise in German M 3 money supply growth to 20.6 per cent in January compounded the US currency's misery and sent bond
        Reuter  -  195 words
      • Article
        Oil futures prices stable after US inventory declines
        147 20 Bloomberg ENERGY REPORT LONDON Oil futures prices were stable yesterday, notwithstanding a drop in US crude and heating oil inventories. brokers said. On Tuesday night, the in-dustry-funded American Petroleum Institute said stockpiles, imports and refinery runs were all reduced last week. US
        147 words
      • Article
        Lock icon New York
        90 20 AFP NEW YORK The dollar traded lower except against other major currencies in light activity early yesterday in New York. The dollar traded at 1.6980 marks at about 1430 GMT, down from 1.7100 marks late on Tuesday. A trader with a European bank in New York said however
        AFP  -  90 words
      • Article
        Lock icon CRA earns record profit but warns of tough outlook
        260 20 Reuter MELBOURNE Australian mining giant CRA Ltd yesterday announced a near doubling in net profit in calendar 1993 but warned the result would be hard to match in 1994 unless metal prices rose from depressed levels. CRA, 49 per cent owned
        Reuter  -  260 words
      • Article, Illustration
        Untitled
        1568 20 I imU iuiKhi.xJ intA cuk ulatfxl atuni\t S'i*rc\ liif i Hatha* /wrrikTi Inv rmr /SS.< US$/S$ forward rates Noon Mar 2 ss BU Offer 1-monlh I.$819 I 5834 2-month I 5817 I 5832 3-month I.S8I3 ***** 6-month 1.5807 1 5827 Smmv (X'BC Source: OCBC FOREIGN CURRENCY NOTE RATES As at
        1,568 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen sharply higher on short-covering
        1367 21 SMEX REPORT Reuter SINGAPORE Simcx Euroyen futures recovered from the morning's slide to end sharply higher on short-covering in hectic trade yesterday. Dealers said trading was extremely volatile and is expected to continue. They said the sharp rise in the afternoon was triggered by a
        Reuter  -  1,367 words
      • Article
        Tin sinks to M$14.50 on poor interest
        581 21 COMMODITY REPORTS TM TIN continued to fall and closed Five cents lower at MS 14.50 a kg yesterday on poor consumer interest and a lower London market, traders said. "There was poor interest. The metal also took the cue from a generally weak
        581 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Heavy rains slow cattle supplies
          97 21 SYDNEY Heavy rain over northern Australia is slowing cattle supplies to processors and could reduce product available for export in the short-term. One major Queensland processor said there could be delays in shipments as a result of the rainfall that fell across much of the
          97 words
        • Article
          Japan's secondary aluminium output
          83 21 TOKYO Japan's production of secondary aluminium ingots, aluminium alloys and related products fell to 70.729 tonnes in January, down 6.2 per cent from a year earlier, according to a report released yesterday by the Japan Secondary Aluminium Alloy Association. Shipments fell to 72.023 tonnes in January,
          83 words
        • Article
          Japan's end-Jan coffee stocks down
          71 21 TOKYO Warehouse stocks of coffee at Japan's three main ports totalled 73,154 tonnes at the end of January, down 1.1 per cent from 73.943 at the end of December, according to the Ministry of Agriculture. Forestry and Fisheries. Stocks of Brazilian coffee were 18.821 tonnes
          71 words
        • Article
          Bullish API data push up crude prices
          110 21 NEW YORK The latest American Petroleum Institute inventory data were termed bullish for crude oil, with April crude rising IS cents to U5514.82 in Nymex Access after-hours trading. Prior to the release of the data. Nymex April crude settled up 19 cents at
          110 words
    • Article
      COMMODITY PRICES
      1515 21 KUPPCf StafUMt Caaaaadtty [iHi—|i (Man dnta| as at lp") iSS 1 Cwtint (S ccnts/kg) Close Volume Open Month High Low Son (tonnes) Interest Apr 94 141 50 1-10 75 141 25 175 4 350 May 143 00 143 00 143 00 200 4 800 Jun ***** 5.250 Jul/Sep
      1,515 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1220 22 -27.7 A jittery Australian share market stayed weaker at the close yesterday after being dragged down by battered bond markets, brokers said. "All (equity) markets are worried by one thing weakness in bond markets and interest rates." said one broker. "We are in that area where markets are looking
        1,220 words
      • Article
        Manila
        599 22 -55.9 Shares prices fell slightly at close but off the market's lows as selective bargain-hunting returned, brokers said. "Selective bargain-hunting has re-emerged indicating that a near-term bottom may have been reached," said Louie Bate of Baring Securities. The Manila composite index eased 55.9 points to 2,699.75. It hit its
        599 words
      • Article
        Taipei
        533 22 -23.07 Taiwan stocks gave up early gains to close moderately lower in dull, gloomy trade. Brokers said sentiment remained very weak and many players still saw any rebound as an opportunity to sell. The weighted index ended 23.07 points down at 5,429.37, off an early high of 5,497, in
        533 words
      • Article
        Seoul
        414 22 -12.22 Stocks ended lower in weak trading as investors, including institutions, stayed on the sidelines in the absence of marketmoving factors, brokers said. "Most blue chips slid deeply today, leading the market's downward trend." said Hong Jin Kee of Daishin Securities. The composite index closed 12.22 points lower at
        414 words
      • Article
        New Zealand
        248 22 -42.5 New Zealand shares closed shaiply lower, following world equities and debt markets' concerns over interest rates. The NZSE Top 40 index closed 42.5 points 1.87 per cent lower at 2,227.66 on moderate volume of NZ$4l.O million. Buttle Wilson broker Peter Halligan said the fall was solely driven
        248 words
      • Article
        Bombay
        52 22 -60.25 Stock prices ended lower in dull, low volume trade as most buyers preferred to wait for clearer trends to emerge from the national budget presented two days ago. brokers said. The Bombay Stock Exchange 30-share index closed at a provisional 4,087.47, down 60.25 points from the previous close,
        52 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        1114 22 Britannia Funds SMriiag Cask BU Offer Mim Cap Deposit 31 6400 3( 6500 MimJene>GUt 0.119} 019*2 Mim Mu Income ***** I 0(00 (JSt Cask Income Pha Fund ******0 *10 6900 PS t Reserve Fund 3.2400 5 2300 ssasss.- ...0.4592 0 493* ¥w EM Fund *2 7650 ****** Man Portfolio 2.1320
        1,114 words
      • Article
        London
        683 22 -22.5 Equities ended another volatile session easier yesterday but well above the lows of the session on some bargain hunting in the final hour of trade, dealers said. But strategists said the share market was still subject to further declines in the near-term. The FTSE 100 index finished 22.5
        683 words
      • Article
        Paris
        135 22 -38.46 French shares and government bonds dropped sharply yesterday, taking their cue from a Europe-wide trend sparked by fears that interest rates will not fall as fast as expected. The bourse's CAC-40 stock index closed at 2.144.66, down 38.46 points or 1.76 per cent and its lowest close since
        135 words
      • Article
        Stockholm
        126 22 -20.91 Swedish shares suffered big falls for the second straight day as news of record growth in German money supply rocked European equity and bond markets. The 30-sharc OMX Index fell 20.91 points, or 1.80 per cent, to 1,193.93. Shares recovered in late trading, rising from an intraday low
        126 words
      • Article
        Frankfurt
        174 22 -46.72 Shares plunged on the Frankfurt bourse and will continue sinking in the next few days as investors readjust portfolios, dealers said. The 30-share DAX index closed down 46.72 points at 2,020.33, off the day's low of 1,992.70. This was the lowest intraday level seen since mid-October 1993. Frankfurt
        174 words
      • Article
        Brussels
        159 22 -37 Belgian stocks and bonds suffered their biggest drops of the year after highcrthan- expected German M 3 money supply growth killed hopes that European central banks will cut interest rates soon, traders said. The Bel-20 index of blue-chip stocks dropped 37.0 points, or 2.4 per cent, to 1,479.90.
        159 words
      • Article
        Johannesburg
        353 22 -1-19 Initial buoyancy on the back of raised hopes for a constitutional settlement faded towards the close as the market awaited fresh, and more concrete news from the Inkatha Freedom Party, dealers said. A weak gold price further dampened initially firm sentiment. The gold index finished 63 points, or
        353 words
      • Article
        Toronto
        340 22 -55.25 Toronto stocks plummeted early yesterday as world financial markets were in a frcefall after a large rise in Germany's January M 3 money supply. The TSE 300 Composite Index sank 55.25 points to 4,335.18 on volume of 12.53 million shares valued at C 5148.69 million. Declines obliterated advancing
        340 words
      • Article
        New York
        801 22 -37.43 The Dow Jones industrial average, which fell 22.79 points on Tuesday, was down 37.43 points to 3,771.80 at 11 am EST yesterday. The New York Stock Exchanges "Uptick rule," which restricts computerguided sell programmes to help stabilise the market, took effect around 9:50 am when the Dow
        801 words
    • Article, Illustration
      Lock icon HONGKONG
      2973 23 Bloomberg Business News HONGKONG Stock prices fell as investors shrugged off good economic news released late yesterday and focused instead on concern that Hongkong interest rates will follow US rates higher, traders said. "The market is suggesting there are turbulent times ahead." ÜBS Securities Hongkong Managing Director John Mulcahy
      Bloomberg Business News; Source: Bridge Info  -  2,973 words
    • Article, Illustration
      CHINA
      509 23 THE Shanghai market slid yesterday on improved turnover with prices falling almost across the board. The CLSA B index dropped 28.53 points to 886.54. Erfangji plunged 7.8 per cent to close at USSO.SBB on news of 3-for-10 rights issue. Other major losers were Dazhong, Forever, Jinqiao, Tyre Rubber and
      509 words
    • Article, Illustration
      Lock icon TOKYO
      2509 23 Reuter TOKYO A US newspaper report that the US government was Gised to impose sanctions on pan sent stocks sharply lower just before the close yesterday, dealers said. Earlier in the day, stocks were hit hard by a plunge in Japanese government bonds, dealers added. Bond prices fell sharply
      Reuter; Source: Bridge Info  -  2,509 words
    • Article, Illustration
      Lock icon BANGKOK
      1835 23 Reuter BANGKOK Thai stocks, buffeted by sharp declines on Wall Street and most other Asian markets, closed at their 1994 lows yesterday, brokers said. The SET Index plunged 36.85 points, or 2.68 per cent, to finish at 1.339.12 on thin seven billion baht turnover. The previous 1994 low was
      Reuter; Source: Bridge Info  -  1,835 words
    • Article, Illustration
      Lock icon JAKARTA
      1121 23 Reuter JAKARTA Share prices closed lower in sluggish trading yesterday and brokers said the trend was likely to continue until the Muslim Eid-al-Fitr holiday on March 14-15. The official index fell 5.94 points to end at 540.47. There was light interest in the market and foreign players were still
      Reuter; Source: Bridge Info  -  1,121 words
    • Article
      CLOB INTERNATIONAL
      2549 24 Promd 5,919.000 Pep Ma 5.820.000 AMDS 50c 5.651.000 Kamunting 50c 5.296.000 Mulpha Intl 50c 5.213,000 Fabet Group 4.222.000 Johan HMp 50c 4,083,000 Sn Haitamas 4.061,000 Innovcst BM 3,922,000 FACB 50c 3.847,000 Mraant Can 3.756.000 Landmaits fed 3,753.000 Mctropicx 50c 3.538,000 ■Wi IWwi *WW wl Mulpha lad 30c I9.7I2J40
      2,549 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks dip as foreigners sell on interest rate fears
        5661 24 Bloomberg Business News KUALA LUMPUR Malaysia's benchmark stock index fell 2.44 per cent as foreign investors sold blue chips amid fears that rising US interest rates will prompt investors to shift funds out of Asian equities, analysts said. Worsening the decline,
        Bloomberg Business News; Source: Bridge Info  -  5,661 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        6980 25 o G# IWM Last Val Day Laat tela Dh JM* YH Nat M Cap High Lew Claim Sale -I-/- fBBB) H* Law Bq« Safct CSt P/E Sad MDUSTIML AND COMMERCIAL 1440 260 I Acuta 1130 at +50 10 IISO 1100 1140 1130 12.5 2.1 1.1 49.1 792.7 740 220 I
        6,980 words
      • Article, Illustration
        Lock icon Stocks weaken in step with Wall Street's overnight fall
        1806 26  -  By R Sivanithy SINGAPORE Share prices closed lower across the board yesterday following continued weakness in the US equity market. A brief three-point rally in the Straits Times Industrials Index at the start of trading was quickly wiped out by selling
        Charts by Bridge Info; Source: Bloomberg  -  1,806 words
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      Page 17 Advertisements Column 1
      319 17 NEWS VALUE How today 's news might affect your stocks a. a_ _m aaipyaros prospects expected it Dnptei after first un (pg I) Shipyard stocks were among the front-runners in last year's bull run. Some correction has set in lately and is likely to continue. Surge in German meaey sepply
      319 words
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      Page 18 Advertisements Column 1
      677 18 44 4 4 „HH H 44 Pacific Can Investment Holdings Ltd NOTICE IS HEREBY GIVEN THAT the Fifth Annual General Meeting of the Company will be held on 18 March 1994 at 3.00 p.m. at the Marina Mandarin Hotel, Pisces and Aquarius Room, Level 1 to transact the following ordinary
      677 words
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      Page 19 Advertisements Column 1
      72 19 Unlike other restaurants, we have a way of serving wine. In a glass. There are now more reasons to visit Maxim's, Singapore's most romantic French restaurant. A complete range of fine wines, that you can even order by the glass. And a mesmerising new menu from award-winning chef Christophe. Maxim's,
      72 words
    • Advertisement
      Page 19 Advertisements Column 2
      668 19 B Keppel Corporation Limited (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1993 The Directors of Keppel Corporation Limited advise the following unaudited results of the Company and of the Group for the year ended 31 December 1993: COMPANY GROUP 1993 1992 1993
      668 words
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      Page 20 Advertisements Column 1
      56 20 >, ih Illlllilliil^lH ii Kidder, Peabody Group, Inc. is pleased to announce the opening of its Singapore Office Kidder, Peabody Co. AG 240 Tanjong Pagar Road #06-00 GE Tower, Singapore 0208 Tel: 323 0188 Fax: 326 3208 Principal Representative: Eric S.P. Kang Vice President and Manager Fixed Income Foreign Exchange
      56 words
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  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      219 21 finnaHiaw International School (Singapore)... The School, which is fully accredited by the Ministry of Education in Ontario, Canada and registered with the Ministry of Education in Singapore, offers tuition to students from Kindergarten to the QAC (Pre U) level. Instruction provided by professionally certified Canadian teachers. An internationally recognized diploma
      219 words
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      Page 21 Advertisements Column 2
      36 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. Business heats up when you make the I call and IJPf place an CJLTJ. ad. 1737-it—l
      36 words
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  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      76 23 SINGAPORE: THE HOUR GLASS Takashimava Shopping Centre Tel: *****20/1 luckv jAI /yßfll Plaza Tel: *****62/543 Scottt Tel: *****27/7198 Centrepoint Tel: *****98 A 603 Peninsula Plaza Tel: *****09/*****63 Raffles Tel: *****41 /1169 World W Trade Centre Tel: *****51/1007 Changi Airpon Terminal 1 (Wesi Wing) Tel: *****60, Terminal 2 (South Wing) Tel:
      76 words
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      Page 24 Advertisements Column 1
      120 24 /P Every office has them computers, printers, ABAK BY B&B ITALIA. I P I j| J It i I telephones, fax machines, copiers, calcuators. All ~~(I J J "pdemanding easy access to power. B&B Italia has tops wider-than-average 11/\ If C'l^ll¥T/ > li 1 I wall partitions that offers concealed
      120 words
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      Page 24 Advertisements Column 2
      6 24 m&wmmsEmm MARKETING Tomorrow in Business Times
      6 words
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      Page 25 Advertisements Column 1
      76 25 SINGAPORE: THE HOUR CLASS Takashimaya Shopping Onirc Tel: *****20/1 Lucky Plaza Tel: *****62/545 Scorn Tel: *****27/7198 Centrepoini Tel: *****98/ Att W/V fM MM 60S Peninsula Plaza Tel: *****09/*****65 Raffle* Tel: *****41/1169 World Trade Cenire Tel: *****51/1007 Changi Airport Terminal 1 (West Wing) Td: *****60, Terminal 2 (South Wing) Tel: *****81
      76 words
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      Page 25 Advertisements Column 2
      14 25 The Straits TlmesClsisslfled Where buyers meet Sm someone to OSI J .1 11 71MI—
      14 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1413 26 BUSINESS TI M E IN THE MATTER of THE COMPAMES ACT. CHAPTER 50 AND IN THE MATTER OF MWUN HOLDINGS PT* LTD (M MEMBERS VOLUNTARY UOUIOATION) Extract of the MtauMe of an Extraordinary General Meeting of the members ol Beepien HoMinga PM LMhoM M 1 PhHMp Street. 907-00 Uppo Centra.
      1,413 words
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      Page 26 Advertisements Column 2
      203 26 M THE MATTER OF THE COMPAMES ACT, CAP. SO AND ROMAMCHEL SERVICES PTE LTD i (in Mpnoifi voluntary Liquidation) Note* a hereby gwen pursuant to Section 306 ol toe Companee Act Cap SOtotftoe FmXGeneral Meenog or int wernosfs o» in# abovenamed Company nil be held at 336 Smith Street •06-304
      203 words
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      Page 26 Advertisements Column 3
      311 26 In the matter of the Companies Act CAP 50 Pursuant to Secbon 290 (2) (b) ROBIN TRADING (PMVATE) UHTTB) (in Members' Voluntary Winding-Up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 80 Marine Parade Road *10-01 Parkway Parade. Singapore 1544 on Friday. 2S February
      311 words
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  • Shipping Times
    • Article
      S'pore govt rebuts KL paper's report on Arabian Sea issue
      490 27  -  By Dexter Lee SINGAPORE The Environment Ministry (ENV) has rebutted a Malaysian Business Times report which claimed that it dragged its feet in resolving the matter of a tanker accused of dumping sludge into the Straits of Malacca. It was
      490 words
    • Article, Illustration
      Lock icon Dumping ground of the rich?
      59 27 AFP MANILA It wasn't what one wo«M call technology transfer. Two containers from Australia were alleged by Greenpeace to be carrying computer scrap. In protest, members in Manila yesterday hoisted a banner over the two controversial containers. The environmental activist group has accused developed countries
      AFP  -  59 words
    • Article
      Lock icon Novoship confirms US$300m deal for 10 tankers
      238 27 Lloyd's List LONDON Russia's Novorossiysk Shipping (Novoship) has confirmed a US$3OO million (*****.6 million) plus deal for the construction of 10 handysize tankers in Croatian yards. The order has been placed through Zagreb-based INA Service, a subsidiary of the Croatian national oil company.
      Lloyd's List  -  238 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      839 27 Pafe Col ABC Cbntaineriine 12 5 Accord Group 8 1-3 Ahrenkid Liner 4 1/2 •APL S 3-5 Appenship 8 4/5 •ANL 3 1/2 •ASCL 5 5 AvantShpg 6 4/5 •Bait Orient Line 7 4/5 •Bank Line, The 9 5 Barbican Line 4 4/5
      839 words
    • Article
      Pandocon appointed as Indonesian agent for P&O, ASCL
      167 27  -  By Ramesh Divyanathan SINGAPORE P&O Containers has appointed a sole agent in Indonesia for all its trade routes. Jakarta-based Pandocon Lestarindo provides a complete agency network throughout Indonesia, P&O said this week. The agency has branch offices in Surabaya, Medan, Bandung, Teluk
      167 words
    • Article
      New shipping line is PSA's 13th AB operator
      296 27 SINGAPORE The Port of Singapore Authority has signed an appropriated berth (AB) agreement with Xour Line, a new carrier that plies between Singapore and ports in other Asean countries and the Indian subcontinent. The container AB scheme, introduced in 1987, offers carriers
      296 words
    • Article
      More lines now offering services between Singapore and NZ: PSA
      226 27 SINGAPORE Until fairly recently, only three shipping lines Nedlloyd Line, Rose Consortium and ABC line run services from Singapore to New Zealand. But now, links between the two countries have increased, according to Port View, the Port of Singapore Authority's
      226 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        491 28 VcsmI Voi No Bartti Arrival Dcpartve Vtssci Voy No Berth Arrival Daparture Jurong Port Batam Speed4 ****** P01A 0303/1900 0303/2200 Balm Hopa 03/01/94 II alongside 03 03/0300 Chekiai* 2S P02 0203/2300 0403/2300 Batam Murm 03,01 94 11 alongside 0303/0300 Citra Sodor 02/94 P01A 0303 0700 0403/2300 Kobe
        491 words
      • Article
        CONTAINER SCHEDULES
        1585 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO DECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record Bookint/Batonco Rdts Ship Voy No Etb/Btr Period From To From ■Jm** 1786 04/1100 M 02/1500 02/1659 02/1900 1-. IB 02/1500 02/1659 02/1900 f 3 03/0/00 03/1159 03/1400 1 4 03/1200 03/1459
        1,585 words
    • Article
      THE SHIPPING GUIDE
      15552 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 Penang after
      15,552 words
    • Article
      SHIPPING AGENTS
      3052 41 A~ Agencies Pie Ltd (SyManne Handling Sdn Bhd (PK/PN). Acprd Grave Accord Shpg Pie Ltd (SyAccord Contr Line (PK/PN). M— Corporation PMUpplw: Calsource Shpg A Tfdg Pte Ltd (S) AhraakM Uaer Service: Kim Shpg A Tfdf(S). Aftra Sea-Air Service: Frata Shpg Pte Ltd (S). AIM C Toepfcr Liar
      3,052 words
    • Article
      COURIER SERVICES
      281 41 Abacas Couriers Tel: 545-8011. Fax: 545-1898. Air Exyrm Travel Td: 533-5771. Fax: 535-6144. AJrtorae Freight Corporation Tel: 542-8844. Fax: 542-3716, *****80. A ll> f Airtwm v» onawioe tovicr Td: 278-0188. Fax: 273-8283. AJS Tappliri Td: 748-6322 (2 lines), 747-7421. Fax: 742-8975. City-Liak later aadoad Td: 344-3377. Fax: 345-6450.
      281 words
    • Article
      AIR FORWARDERS
      1287 41 Abe* Exarass Freight Td: *****71. Fax: *****84. AdWc Forwarder Td: 225-1833. Fax: *****42. Fax: *****20. AMvMak Frvkkl lolraMioMl Tel: 545-803TFax: *****05. Tet' 542-5911. Fax: *****18. AkOaga Nova Expreaa Tet 542-5454. Fax: *****06. Ak Expreaa lateraadaad TeL 542-7666. Fax: *****74, *****50. Air Market Esaiaaa Tet 542-5966 Fax: *****10. Afr
      1,287 words
    • Article
      PORT CONDITIONS
      2178 42 1 ALBANIA Dunes: Two vessels operating of which 1 loading copper, 1 discharging tobacco bales, no ves- sets in roads. ANGOLA Cabinda: Deepwater SPM has been in use for approx I month. Max draft 75 ft, SPM 1 will now only be in use in emergencies. Max draft
      2,178 words
    • Article
      CRUISE & FERRY SCHEDULES
      1239 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA ETD Ports of Calls Port Agent Telephone No MAICN 03 05 Kazakhstan 0900 2300 Port Klang Sin- Multi Line Co Pte Ud 535-2333 Bangkok 04 04 Renaissance I 1000 1900 Port Klang Lines Int'l Holdings 224-2763 Cruise to Nowhere
      1,239 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1210 42 SHIP SALES TANKER RATES AFP THERE was a noticeable falling off in activity toward the end of the week, which was not surprising with the Chinese New Year holidays, coupled with a national holiday in Japan Friday and the on-set of Ramadan. The main movement this week has been in
      AFP  -  1,210 words
    • Article
      TRANSPORT DIARY
      361 43 COURSES Title: Harbour Craft Master's Course (Module 1) Deration: Mar 3-4 Organiser Port of Singapore Authority Tel: For more information contact SPI at 321-1107 or fax: 321-1777. Title: Helicopter and Military Aircraft Emergency Management DnratkiK Mar 7-10 Organiser Singapore Aviation Academy, Civil Aviation Authority of Singapore Tel: For
      361 words
    • Article
      COCKETT BUNKER MARKET REPORT
      901 43 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price iWIgES in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      901 words
    • Article
      DAILY FREIGHTS
      1852 43 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1,115 on Tuesday from 1,117 on Feb 28. Rates for Atlantic Panamax tonnage remained weak with little prospect of any short term improvement, brokers said. On the key US Gulf to Japan grain run, rates steadied
      1,852 words
    • Article, Illustration
      Lock icon Designed for disasters
      1042 44 Single-hull tankers may soon be fitted with inexpensive devices to stop pollution during accidents Seatrade Week Newsfront I ANKER disasters I of the last five years I have prompted maI jor changes to ship- JL. ping regulations. I The Exxon Valdez was directly responsible for the US
      Seatrade Week Newsfront  -  1,042 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Bombardier combines aircraft units for Asian business
        413 46  -  By Juliette Walker SINGAPORE Canadian transport group Bombardier has combined its aerospace subsidiaries Canadair, de Havilland, Leaijet and Short Brothers under one roof here in a bid to open more doors in Asia. "The whole of Bombardier is more powerful than the parts.
        413 words
      • Article
        Avro International's regional jets make inroads into Asia
        440 46  -  By Hormuz Mama SINGAPORE Even as this article is being read, Singapore Airlines subsidiary Silkair is seriously evaluating the four-engined Avro International 70-to-80-seat RJ-70 regional jet. Silkair pilots are known to have flown Air Malta's RJ-70 at Asian Aerospace, following detailed discussions
        440 words
      • LOG BOOK
        • Article
          Lock icon Toyota car navigation system for Japan
          85 46 Bloomberg Business News TOKYO Toyota Motor Corp, Japan's largest car maker, will start marketing car navigation equipment in Japan beginning this fall, the Nikkei newspaper said last week. The system will be jointly developed by Toyota and Nippondenso Co, a major electronics parts that
          Bloomberg Business News  -  85 words
        • Article
          Lock icon Pakhoed nets just over 75m guilders
          86 46 Reuter ROTTERDAM KoninkJijke Pakhoed NV said it made a net profit from normal operations of about 44 million guilders (5536.3 million) in the second half of 1993, making "just over" 75 million for the full year. No precise figures were given. Extraordinary charges for
          Reuter  -  86 words
        • Article
          Lock icon Japan's Tobu Railway to split shares
          105 46 Reuter TOKYO Tobu Railway Co Ltd will carry out a 1.03-for-one share split as a non-paid allotment on May 20, the company said in a statement. It will split shares based on the total number of outstanding shares registered as of March 31. The
          Reuter  -  105 words
        • Article
          Lock icon Nissan affiliate to close truck plant
          88 46 AP TOKYO A truck-making affiliate of Japan's No 2 car maker plans to close down a major assembly operation in 1996 to cope with bloated production capacity and declining exports. Nissan Diesel Motor Co, of which Nissan Motor Co owns 40 per cent, will
          AP  -  88 words
        • Article
          Lock icon Indonesia's N-250 assembly plant
          71 46 UPI JAKARTA Indonesia is planning to build an assembly facility for its N-250 commuter plane in the US to reduce production costs, research and technology minister BJ Habibie said in a media report yesterday. The step is also aimed to facilitate the aircraft product's entry into
          UPI  -  71 words
        • Article
          Lock icon KLM sells stake in map firm
          50 46 AP AMSTERDAM KLM Royal Dutch Airlines yesterday announced plans to sell 51 per cent of its majority-owned KLM Aerocarto BV map-making affiliate to the Eurosense Group ol Belgium. Financial terms were not disclosed. KLM said it will retain 9 per cent of Aerocarto. AP
          AP  -  50 words
      • Article
        Lock icon Asia-Pacific will continue to lead in jet fuel demand: analysts
        280 46 Reuter SINGAPORE Jet fuel demand in the Asia-Pacific will keep soaring past the rest of the world through at least the year 2000, oil industry analysts said on Monday. "Demand growth for jet kerosene in the Asia-Pacific will be almost
        Reuter  -  280 words
      • Article, Illustration
        SIA voted best international airline for consistent good service
        312 46  -  By Dexter Lee SINGAPORE The opening lines of Nobody Does It Better aptly capture a tribute paid to Singapore Airlines recently for being the airline that has provided the best international service in the past 20 years. The honour came from
        312 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1355 46 Oft W ra M Itilil 0K5I0 1800 0K511 2306 jjgfc SQ227 2030 it— RJ182 1440 RJ183 2205 JlMtanlMI SQ319 0810 SQ324 2230 KL831 1030 KL832 2335 GA895 1450 nwltl—i NZ21 1710 NZ22 1825 SQ288 2035 SQ285 2045 BlUllli GF149 0645 BMhpn B421 1105 SQ182 0915 SQ181
        1,355 words
      • Article
        Lock icon China Southern Airlines plans safety campaign
        364 46 Reuter HONGKONG One of China's biggest airlines has announced plans to improve its safety record after suffering a crash and a hijack in the past 15 months. China Southern Airlines, which is soon to seek listing on an overseas stock market, would invest heavily
        Reuter  -  364 words
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      8 27 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times
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      20 27 VUMI Hi Mfflvfl HVIV99SISI Vy Maobtra «f tin l<g>itiy «f Hnnilii ""kjjy Fof advertising enquiries, contact Shipping Times: Tel 740-2069/740-2090
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      669 27 the FAMOUS imk/iuum ■ESBEIS 224 1833 For more information pleaae refer to Pg. 13 Designed for disasters, PglB Bombardier combines aircraft units for Asian business, Back Pg I i i INTERNATIONAL MARITIME I EXHIBITION CONFERENCE MfiF I I JS 22 -25 March 1994 I I SingaPort '94 World Trade Centre
      669 words
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      428 28 TSKUNE AGENCCS (S) PTE. LTD. /mbJA r I 1 V fmrp Tel: 226-3363 I nBHn i t3 9 9 ULWIi Fax: 226^1972 3 -*T ww Tlx- RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N 9 .1 greats TO Hsmmm. mwbj. tmhw ijhb -ma mir_j PACFIC WWW 0218 23 02
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      1073 28 I— I I I— I I I I—"1 ■I M |«a OTM mm MKm nor crma* raw amr nmr ht uram* mm W CMJFOMM ICRCUirY I VM| 231 I I*3 I 213 233 2431 S3 ***** 23 3 23 3 I 213 flOj CAUFOMA JUPITI* 71 9-10.31 213 213 30.3
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      1871 29 OOCL (S) PTE LTD JAMMNE SHIPPING AGENCIES TEL* *****13 FAX' *****42 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARDV32OO39O (OUTWARD) PENAN® CFS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 n e CFS (PSA F5) TEL: *****21/ *****79 f££i IIt? CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR BAHRU TEL: 07-*****0 FAX:
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      1749 29 ■giMM U. S. A. /CANADA 3 TIMES A WEEK SL EXPRESS V.206E ETA SIN 7TH MARCH 94 MAYVIEW MAERSK V.9404 ETA SIN BTH MARCH 94 ARTHUR MAERSK V.9404 ETA SIN 10TH MARCH 94 VMMI voy ETA ETD r—<fd by 'IT'sT™ DESTINATIONS Tht» MM MArveW MAERSK V 9404 ■——I—Bnig——lß——l—WgjßHlßM 06/03 0800
      1,749 words
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      1430 30 aqaba I roam/I lE also acceptmo from VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H'BURG A WERP HAVRE MALAYSIA STUTTQART EXPRESS 02/308 5/3 14/3 20/3 23/3 27/3 2«/3 30/3 Port Katang, Penang KAQA 34/109 >/3 26/3 29/3 27/3 P«*ir Gudang DRESDEN EXPRESS 15/309 12/3 21/3 28/3 30/3 2/4
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      512 30 EZ233PH FCL Breakbuik Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for al services viiiQi- VMiocnny, viioifoiio*, Moscow, i nviKwiit Kiev, Minek, Riga, Baku, Irkutsk, Alma Ata North Kocta a Vietnam s Mongolia Hungary CBFR s Poland BeE^iitneS^«BHß VESSEL SIN DKR Ned Africa V 2044 08/3 07/4
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      Page 30 Advertisements Column 3
      1038 30 INORASW INORASM SUSAN 9466-3 04/63 23/63 26/63 67/63 26/63 29/63 36/63 31/63 61/64 63/6{ I NORASM SMGA 9409-3 69/63 36/03 62/64 63/64 64/64 65/60 06/04 07/04 66/04 16/66 I NORASM SHARJAH 9416-3 16/63 66/04 69/64 16/64 11/64 12/64 13/64 14/04 15/64 17/64 I NORASM MUBARAK 9411-3 23/63 13/64 16/64 17/64
      1,038 words
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      1688 31 i W STRAITS SHIPPING PTE LTD I ■g 10 Mm Chiang Road #11-01 Kappal Tawara I j Siwtapara 0200 Tafc *****00 Fax: *****17 icon CARGO DUE SAM nun VENTURE VOCE Mora, lab Fah-1 Mm hPt 03 Mar FCt, LCL CONTAJMDI AND BREAK BULK MNVtCC TO PAPUA NRW OUMRA (BRUM VOX
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      Page 31 Advertisements Column 2
      2766 31 SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd M l¥| W 1, illllLlllllCl 9 10 Ho* Chiang Road #07-01 Keppel Towers, Singapore 0208 ■Pn3£ i Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z VESSEL VOY *55 *Mie MN I SOU INT HOT Mil «OT
      2,766 words
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      580 32 GENERAL AGENT C R. NO: *****81-***** Llik EKA JAYA AGENCIES nalir TEL: *****22 (S LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE r~MYAJM«AH TRAP* PAOMI I HAI—HOWE/MMCT 1HB«M 71MWMJMW MO CHI mml CITY mmwynok imm—mwMMiiH mlvichaii uhb mra/aww ►TO MYANMAR/YANGON CONTAJNKft I SERVICE igjjjgj»7 M OCEANLINES WL/WT STO* m 31/3 4/4
      580 words
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      Page 32 Advertisements Column 2
      1484 32 OHANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FMVSL FaTluK HAUL SEA YVR POX H* *51 SN llfE HAU. LM NTC HANJM MASAN OS3E 4/3 K LONGHACH 047€ 24/3 25/3 26/3 HANW M«ANOMt HANJM ELIZABETH 01 IE U/3 WECI 31/3 1/4 2/4 HAIMN DJZAKTH
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      1347 32 ri" r i. auwr km; 1/3 u/j 11/3 u/3 21/) a/i 24/3 »1 v/i it/i 7/4 w* nn 3/5 4/s s/s i s 7/$ 17/s 77/5 31/5 1/* I GtOWTM M 444 15/3 It/J 21/) 21/3 25/3 2t/3 2»/3 31/3 1/4 3/4 2/4 14/4 27/4 2»/4 31/4 10/5 11/5 12/5
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      1984 33 "OOCL HOPE 30W ETA SGP 07/03/94 ll II iS l| eta RDM 23/03/94, FLX 24/03/94, II BRE 26/03/94, LEH 28/03/94 HI VMMI VOY «T LOS OAK VAH »CT ATL (CO CLE CLB ML PET HOI MPH NOB NYK FLD TOB HON CALIFORNIA JUPITBR 71E 08/03 26/03 28/03 3Q/Q3 31/03 01/04
      1,984 words
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      Page 33 Advertisements Column 2
      1093 33 I A I MULTILINE SHIPPING PTE LTD i W (a member of SMSOV Group) CR NO: **********0 C ENQURES: *****33 A —BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 Jfr, BLASCO: INWARD *****65 OUTWARD *****2S T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY:
      1,093 words
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      1328 34 AS AGENTS "I"UK(SMMNK)FTILTD (CiNfc *****731M0M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 MALAYSIA: LH MAIITMI (MALAYSIA) SON MB I B M W* J TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU 5 1 8625 6 1 INDONESIA: P.T. SARANA LAIT MTBMIISA, TEL: JKT *****08 lii N Y Ml
      1,328 words
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      802 34 @APPENSHIP (Q\ HAMBURG V#V CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AMD FAR EAST VESSELS LOMMN6 PORTS D6CHWGC/LOWMC F« UNION HAM 31/01 ANT 05/02 SPORE 11/03 BKK. LAEM MZHENER PAMKHONYUK KLP 09/02 TON 21/02 TRT 02/03 SPORE 02/04. HUANGPU/XINGANG HONESTY SZE 16/02 HAM 22/02 SPORE 22/03. LAEM.
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      346 34 GOLDEN LINE GUAN GUAM SHPPMG (HE) LTD a, T«M km Start MGAPOK 0101 la: 5343)01 (10 IMS) Fn ***** M (CI Hl wag—) imiw/imiw amy gwg S pore P Ketang Penang aUED KM Karachi Quba> 14/15 Itar IUH CMCI Karada/M* »/»Itar fWA tick GOLDOI MM China Ports 11/11 Itar 10/12
      346 words
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      984 35 PACIFIC INTERNATIONAL LINES (PTE) LTD^ 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I flf Al CR NO **********0E I I VESSEL VOY SIN CMB JIB JED AQJ ADE MOD PZU ASA KOTA WIRAWAN WRNO39 16/3 20/3 2C/3 29/3 1/4 30/3 1/4 3/4 §/4 KOTA BERLIAN BRLOO3 25/3 30/3 5/4
      984 words
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      Page 35 Advertisements Column 2
      1103 35 vessels ww sw hwmc roiteroam antwert ihames u harve WLLE DAQULA 7532W 10/03 02/04 04/04 05/04 o*o4 07/04__ All DHYORA 9232W lt/03 M M 10/0* 11/04 12/04 »/M Mill H LYRA 7732W 2t/03 11/04 20/04 21/04 12/0* *3/04 WILE DC ttSTA 7432W 29/04 01/05 02/05 03/0* Mtft •*ISO ACCEPTMS CARGO
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      377 35 Mft MYANMA pBBk FIVE STAR LINE )jf (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gd| PAGAN *207W 7/9 Mar HTA-AN V2OOH lb/17 Mar MALAYSIA AGENTS BOUSTIAD SMPHNG AGENCES ML TEL 03 *****00 PAL. TEL 03-36M767 PEN: TEL 04 *****5 PGD: TEI 07 *****1 4 NIGERIAN NATIONAL SHIPPING
      377 words
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      838 38 wria Ml M at m wc ■Mt in nn» m/hj ni tn mm in nm m m oj u 11/0? 73/07 ?7/0? 04 03 MK 71/07 Nil 01/03 WSI* 21/92 01/03 06/03 Ml/31* 7102 0«/03 01/03 IK JX no? 03/03 0103 [,M 71/0? 07/03 00/03 10 03 1/101 71.07 01/03
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      Page 38 Advertisements Column 2
      580 38 TO AUSTRALIA/NEW ZEALAND «l Ski fnm IMb M f Ctata" c. vonus sm «7S~ ij/i a/3 n/3 n/t mm» m iw" EL 101 HUOK 27* 12/4 l»/4 24/4 27/4 2/5 V> MB V 5 12/5 l«/ 5 21/5 2«/5 MA HUCWLMB TO USA/CANADA 5£ Sin a*nrt| Ctart««<—| WiU«i»Kii C KHUM
      580 words
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      610 39 (fc FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 6/3 ROTTERDAM 6/3 MRHUS/COPENHAGEN 6/3 HAMBURG/BREMEN 6/3 MARSEILLE/FRANCE 6/3 FEUXSTOWE/UK 7/3 BARCELONA/SPAM T73 LEHAVRE/FRANCE 773 GENOA/ITALY 6/3 ANTWERP/BELGIUM 7/3 LOS ANGELES/WC/FI 6/3 SYDNEY/MELBOURNE 6/3 NEW YORK/EC 6/3 FREMANTLE/ADELADE 4/3 VANCOUVER 773 BRISBANE
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      770 39 ■^^■p&nnniniui VESSEL VOY SIN MJ ffl Yfftfl VOY «N PEN fMJMUM 4M B 4/3~ Tw 9 BUNOA MOM 4037 ThM lInPI M S/3 I fi MIATWA MWM 1M >1 »/3 WK 1/3 TMAHft ■MUM 2SM Frt W ~tirr" TT B Mow 7/3 > WAMA «HUM 21— Tw t/i ft 12/3
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      Page 39 Advertisements Column 3
      618 39 Guaranteed Sailings to: t; BANGKOK LAEM CHABANG• JAKARTA• PORT •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINATIONS ——W; m VC MB M fl M MB r HUMS MUM M/ 3 12/3 14/3 25/3 27/3 smmmc nan mm 17/3 11/3
      618 words
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      1501 40 1 PEN PKL SIN 5 SAILM6S/WEEK PEN PK SIN K 8/3 9/3 10/3 Hone Kong Gonoa/Barcolona 12/3 13/3 14/3 1 11/3 12/3 13/3 Honf Kong Ldn/Fta/Rdm/Ant/Lhv/Ham 12/3 13/3 14/3 B 13/3 14/3 15/3 Hong Kong C hagtn/Sh< {2/3 J3/3 M 12/3 13/3 14/3 Kaohsiurg I JPN/KOREA/MANILA I I 7/3 8/3
      1,501 words
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      194 40 I SEAWARD SHIPPING AND TRADING CO (S) PTE LTD n« cn na STOH rati ROME fOMNC KIC MX 7/3 kin Lo*»mc t o f MM (Banitot) RUVM HUOHU 5/3 Oichjrginj and tojdmj tor Bombay OOLMN 20/3 loadinf For MM nOCDt Sftoc 10/3 loading Fo< MM UNKIDH 4/3 loading For Male
      194 words
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      1069 40 f JL THONG SOON UNES PTE LTD I 78 SHENTON WAY #10-01, SWGAPORE 0207 *1 I V/ V/ TEL: 227-508S FAX: 227-6011 1I V TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I 4 vmmmm mmmm commttf SINGAPORE TO SARAWAK rcssa m Is'poie Idest S m Fpore kst EQUATOR
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      18 43 x\JU TIC-TECH-TOE To avoid stalemates, try some fresh strategies. Innovation Technology. Every Thursday. Business Times WE KNOW ASIA
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      Page 43 Advertisements Column 2
      47 43 facrhyl A < i ICNrETEWA I Maybe got chance,-this 1 3l^ Any Job. Any Career. Available Any day. any Time, anywhere. The Straits Times The Sunday Times business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA MiNCGU to* Singapore ftwi HoMings
      47 words
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      368 44 mm m tx Q4/w <fw> K/M (MT) rwm m mw 07/13 (uan K/M <MT) JSS°SSI., WWrn f*gnc HIM 11/03 (FH »/M (MT) F*mym©MO»AY wcow pachc »l VESSEL I VOYAGE I SW6APORE [GEHEKAL SAWTOSI DAVAO I CEBU I j VIGOUR lUZOW 9410E 04/03 (111) 10/03 (THU) 11/03 (FW) 13/03 (SUW) UR
      368 words
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      Page 44 Advertisements Column 2
      341 44 AMY ON HOLIDAYS WHEN YOU SHIP WITH US lIKI ,\KIH I K t* C 0?»S0l ll)ATU» SI KVI( I S l*Tt III) M||||]ll lislii 'I s[ j>; l'u \ii hi I lill M'v i-n ,i n 'j 1 I•i. s V>2 It\ 3343 c TITIMAS SHIPPING U ft TRADING SDN.
      341 words
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      Page 44 Advertisements Column 3
      226 44 I i-COSCO UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/02 Rottardam/Antwarp CWNA CONVENTIONAL SERVICE I VESSEL PKL PNG P.O. LOADING FOR: A VESSEL IS/03 20/03 Huangpu/Guangzhou "2COSCO FULL CONTARgR SERVICES IFCI/FCU EXPORT TO: riwworsowornr^iinwGirnwo EUROPE/CONTMENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PENMAN OULF/KARACHI J Plmm rafar
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      Page 44 Miscellaneous Column 1
      674 44 TODAY'S TIDES (height in metres) T! HOW 0100 01N 0200 0300 MOO 1500 MOO 0700 OtOO MOO 1000 11M 12M 13M 14M 1500 ISM 17M IMO ISM 20M 21M 22M 2JM 20 2.7 3.0 3.0 2.7 2.1 1.5 1.0 O.C 0.4 0.4 0.7 1J 2.0 2.4 2.0 2.0 2.3 1.7
      674 words
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      883 45 1 ▲HYUNDAI I CO. LTD. WESTBOUND TO EUROPE BKQ: *****61 mans wt m m m rosas wr Isw I rim out* ieh* hum hi m 1 HV MALACCA N3S 02/03 04/03 HY COMMANDO 301N 07/03 2S/03 20/03 2S/03 27/03 27/03 29/03 BALI 049* 05/03 Iff MALACCA 004S 09/03 11/03 SL
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      458 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO ft HEAVY LIFTS INBOUND VESSELS VI SHI VOY SP H UC U iooobm m •/> ?/s 10/1 •MM MM 1)1 1/1 1/1 MUSI MY 111 11/1 TANOM VI FT 1/1 mii mm in ii/i u/i OUTBOUND VESSELS LOAPH6 FOB SEM/NAC SEKI NAOOYA VN
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      1036 45 iill *S«L |WT ISM ETA/P UU OAK foi ["DAL MEM/COL NOli NTC MOM IQMY MPSON WPg 73A 10-11/03 27/B3 2S/03 30/03 31/13 31/13 M/ 04 01/04 12/ M AUJGATOR I—M 53A 17-11/13 13/04 85/04 M/ 04 17/— 17/04 01/04 01/04 19/ M MACKMACRRPg m 24-25/03 10/04 12/04 13/04 L 4/04
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      69 46 I MARKETING 1 Tomorrow in Business Times M.V. "GLOBE EMERALD" VOY.I Aimed 24th February 1994 M.V. "ESPERANZA ACE" V0Y.54 Aimed 25th February 1994 Consignees of all donated cargoes a the optioned vessels are hereby notified that a general survey will be held on the 4th Mard>l994 0900 -1200 horn PTltt
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      8 46 I I MARKETING I Tomorrow in Business Times
      8 words