The Business Times, 4 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) 1010/12/93 Friday March 4 1994 75*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones down 10.6 points
      43 1 Reuter NEW YORK Wall Street were steady at lower levels at midday yesterday as investors moved to the sidelines ahead of today's February jobs data. At Ipm EST, the Dow Jones Industrial Average was at 3,821.05 down 10.69.
      Reuter  -  43 words
    • Article
      Lock icon US economy likely to grow 3pc
      55 1 Reuter SAN FRANCISCO Laura Tyson, chairwoman of President Bill Clinton's Council of Economic Advisers, last night said the US economy would grow by 3 per cent in 1994. In a speech, Ms Tyson also forecast consumer price inflation in the range of 3 per
      Reuter  -  55 words
  • Article
    MARKET SUMMARY
    159 1 Stock mrhit indices Thursday Change STII 2,242.55 -41.94 KLSEComp 1,070.58 -15.67 Nikkei 19,605.86 -138.91 Hang Seng 9,802.03 -75.40 SET Index 1,340.38 +1.26 Jakarta Comp 530.37 -10.1 CLSA China B ....1,173.68 -18.95 Aust All Ord 2,151.4 -2.6 FTSE 100 3,233.2 -14.9 Thursday Previous lpm dose Dow Jones 3,821.05 3,831.74
    159 words
  • Article, Illustration
    Lock icon Number of IPOs in first half set to match whole of 1993's
    486 1  -  By Ven Sreenivasan SINGAPORE The number of companies expected to go public in the first six months of this year is expected to at least match that for the whole of last year. Merchant bankers say up to
    Source: SES Journal, MAS  -  486 words
  • Article
    Regional investment firm TIH to list on main board
    233 1 SINGAPORE Transpac Industrial Holdings (TIH), a new regional investment company, has received in-principle approval for a main board listing here. It is expected to make its initial public offer within a month. TIH is the first investment company to list on
    233 words
  • Article
    Financial services set for strong first qtr
    544 1  -  By Quak Hiang Whai SINGAPORE The financial services sector is on track for an excellent first quarter this year, going by figures for the first two months. Most sub-sectors registered healthy growth in January and February. The finance sector, which expanded 21 per
    544 words
  • Article, Illustration
    Regional bourses slide further on US interest rate fears
    432 1 SINGAPORE Most regional stock markets continued to slide yesterday on concern that inflation and interest rates in the US were on the way up. Despite a 22.51-point rise in the Dow Jones Industrial Average on Wednesday, analysts said fund managers were
    432 words
  • Article
    Lock icon Clinton revives dreaded Super 301 trade weapon
    384 1 AP, Reuter, Knight-Ridder WASHINGTON President Bill Clinton yesterday decided to reinstate a "Super 301" executive order permitting him to impose trade sanctions on Japan. US officials said Trade Representative Mickey Kantor was expected to make the announcement later yesterday. Mr Clinton told reporters
    AP,; Reuter,; Knight-Ridder  -  384 words
  • Article
    Vietnam could be 'tiger cub' in 10-15 years: PM Goh
    465 1  -  Fran Lok Hui Yin in HANOI VIETNAM is likely to grow into a tiger cub in 10 to IS years, said Singapore Prime Minister Goh Chok Tong yesterday in a reference to the four Asian tiger economies of South Korea,
    465 words
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      98 1 THE u L T I M CONTENTS Spore News 2 fporetrsa*l7.lB.l9 Regional News 3,4.5 Financial 20,21 World News (.8 tatam Markets Analysis 15 Ctob/KLSt. StS 24-26 Editorial 14 fe&onal 22 Sports 9 WorM 13 TV/Lriestyte 13 Currenoes 20 Afccrfent 10.11 Sww/Commo .20,21 S*SUt»Uia Td 1800-*****77 Fa *****75 IT URariai Tel
      98 words
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      Page 1 Advertisements Column 2
      28 1 Advertising: Pgii Keeping the stink out of the crisis Bank Negara takes control of Rakyat Merchant Bankers, Page 16 Bundesbank leaves two key interest rates unchanged, Page 16
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      17 1 Hock Lock Siew: pg 17 H 1 That glow in Sun Corp, HT&>tJoldings Full reports, Pages 22-26
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      35 1 ThejSfpttom Line: Pg 16 US packing itself into a corner 0 Ermenegikb Zegna A Inrhrapr Marirlinn Bnuiiqur: Wiaaa Atria. *02-21 23 Sia|ipor« 0923. T«li 732 8959 VtMMka Ctrarr: Itrlii Srotu, Lf«tl 3. Tell 735 0539
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      47 1 ft depmis 1921 I"*] dLEDGERo (Tel *****13) W W made in France Petite RnttM Certrepomt (Tat: *****68) Takashanaya Dept Store Galenes Lafayette Singapore and setoded retail outlets Editorial, Page 14 S'pore to share road management know-how, Page 3 SSL signs 3rd joint venture in Vietnam, Page 17
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Visa billings up, but at slower rate
        331 2  -  By Corinne Kerk SINGAPOREANS left their cards at home during the festive spending hinge in the last quarter. Or did they? Total billings of Visa's Singapore cardholders hit a high of $872.4 million during the last three months of the year, but the
        Source: VISA International  -  331 words
    • Article
      US combustor repair expert to set up in S'pore
      111 2 A COMBUSTOR repair specialist from America is to set up a regional office here to enhance its business relations with the Asia-Pacific region's major airlines. Theodor J Sander, marketing director of Panhandle Aeromotive, says that the office is expected to be
      111 words
    • Article, Illustration
      Lock icon Rice prices fall but traders unsure if they will stay down
      458 2  -  By Genevieve Cua RICE prices have dropped sharply in the past two weeks after a steep rise since September, leading traders to believe that they may have hit their peak. If prices hold steady or dip further, local suppliers
      Source: Board of Trade of Thailand. Traders estimates of prices  -  458 words
    • Article
      Defence spending to hold firm at 6pc of GDP: Dr Yeo
      249 2 SINGAPORE will keep spending 6 per cent of its annual gross domestic product on defence, despite a global downturn in military spending, says Defence Minister Yeo Ning Hong. "I do not foresee a reduction of this figure," he told
      249 words
    • Article, Illustration
      Lock icon Teenage vandal gets 6 strokes, 4 months' jail and fine
      274 2  -  By Ramesh Divyanathan SINGAPORE An American teenager who vandalised cars was sentenced yesterday to six strokes of the cane, four months' jail and fined $3,500. Michael Peter Fay, 18, admitted two charges of vandalism involving spray-painting cars, two of mischief
      Reuter  -  274 words
    • Article, Illustration
      Ex-Metro MD Steven Goh sets up consultancy firm
      296 2  -  By Chuang Peck Ming FORMER Metro boss Steven Goh has set up a retail management and consultancy firm. Called The Business Company, it has already been hired by Hongkong retail giant Wing On International to help set up and run a retail
      296 words
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      97 2 "'%*}`]@^^"*&@;?$@&^!-:^&_%<.@" PRIME INVESTMENT OPPORTUNITIES ,nclud inC A Portfolio of 47 Commercial Industrial Properties Hotel Motel and Tourist related investments Rural Properties Dairy Deer Beef Residential Apartment Investment DAKOTA located in Parnell Auckland priced from only NZ 165,000p1us carpark Don't miss this excellent opportunity to discuss some of New Zealands best
      97 words
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      296 2 BUSINESSiriMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 L.C. Development Ltd (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraorcfnary General Meeting of L.C. Development Lid wil he held at 38 Kim Tian Road, #03-00 Kim Tian Plaza, Singapore 0316 on March 21,1994
      296 words
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  • SOUTH-EAST ASIA
    • Article
      Thai deposit rates expected to rise to meet credit demand
      638 3  -  From Alan Boyd in BANGKOK BANK deposit rates are expected to rise further in Thailand following a rush on withdrawals and forecasts of increased demand for credit to meet strong economic expansion. Three small banks Bank of Asia. Nakornthon Bank
      638 words
    • Article
      S'pore to share road management know-how with Hanoi
      283 3  -  Singapore team in Vietnam From Loh Hui Yin in HANOI SINGAPORE will share with Vietnam its experiences in road transport management under a memorandum of understanding signed yesterday. The cooperation comes under the US$lO million (SS 15.7 million) Indochina Assistance Fund sponsored
      283 words
    • ASIA NOTES
      • Article
        Lock icon Anwar to attend Apec meeting
        91 3 Bloomberg Business News KUALA LUMPUR Malaysia's Deputy Prime Minister and Finance Minister Anwar Ibrahim will attend a ministerial meeting of the Asia-Pacific Economic Cooperation forum on March 18-19 in Hawaii, a government spokesman said yesterday. Although Prime Minister Mahathir Mohamad did not attend November's Apec
        Bloomberg Business News  -  91 words
      • Article, Illustration
        Lock icon Reducing a mountain of salt
        45 3 Reuter SYDNEY Dock workers, back at work after a three-week strike, loading a mountain of salt onto a truck at Darling Harbour yesterday, their second day back at work. The salt was dumped at the start of the strike. Reuter
        Reuter  -  45 words
      • Article
        Lock icon Pertamina to cut 13,000 jobs
        70 3 AP JAKARTA State-owned Pertamina oil company will cut 13,000 jobs over the next five years through attrition and early retirement, an official said yesterday. Director of General Affairs Baharuddin confirmed the cutbacks but declined to elaborate. Suara Pctnhuruun newspaper quoted a Pertamina spokesman as attributing
        AP  -  70 words
      • Article
        Lock icon Goldstar's colour TV plant in Vietnam
        58 3 AP SEOUL South Korea's Goldstar Co said yesterday that it has agreed with Thang Loi Co and Sae Young Co of Vietnam to invest USS6 million (559.4 million) in a colour television plant in that country. Construction is to begin in September and scheduled
        AP  -  58 words
      • Article
        Lock icon Pakistan reserves rise to US$1.3b
        50 3 Reuter KARACHI The State Bank of Pakistan said foreign exchange reserves rose to US$l.33 billion on Feb 24. from US$l.29 billion on Feb 17. The bank gave no reason for the rise. It said it also held gold coins and bullion worth US$67l million. Reuter
        Reuter  -  50 words
      • Article
        Lock icon Myanmar to issue new currency notes
        32 3 AFP YANGON Myanmar is to issue new currency notes with effect from Armed Forces Day on March 27. Finance Minister Briga-dier-General Win Tin said yesterday. AFP
        AFP  -  32 words
    • Article
      Lock icon KL lauds Hurd's statement on arms-for-aid controversy
      518 3 Reuter. AFP. Bernama KUALA LUMPUR Malavsia yesterday applauded British Foreign Secretary Douglas Hurd's statement to the Mouse of Commons about an "arms for aid" controversy, which it said showed Mr Hurd understood Malaysia's grievance with the media. Malaysia's Foreign Minister Abdullah Ahmad Badawi
      Reuter.; AFP.; Bernama  -  518 words
    • Article
      Lock icon Kumars pay A$100m for 3 more hotels in Australia
      161 3 Bernama MELBOURNE Singapore investor Royal Brothers Pte Ltd has in the past six months spent about AS2OO million (***** million) of the AS3OO million it has earmarked to buy Australian and New Zealand hotels. Its latest aequisition has been three hotels,
      Bernama  -  161 words
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      174 3 There's always been this kid in you. First you bought the mountain bike. Then you bought the skis. And in short order came die rackets, golf dubs, surf board, and only-your-credit-card-bills-know-what-else. And like any normal child, you want to take all of them everywhere. Easy. Lift the hatch of the
      174 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Cap on foreign accountancy firms
        81 4 Reuter BEIJING China will limit the number of foreign accountancy firms in the country to 15 and will not allow them to operate wholly owned firms, the China Business Times said. It said that seven had already opened offices in cooperation with Chinese entities. Four
        Reuter  -  81 words
      • Article, Illustration
        Lock icon Increase in plastic money
        114 4 Reuter BEIJING China's credit cardholders will rise this year to seven million, up from four million at the end of 1993, the official Economic Information Daily said yesterday. Credit cards were introduced in China in the mid-1980s. The number of holders of the Industrial and Commercial
        Reuter  -  114 words
      • Article
        Lock icon More Chinese private enterprises...
        75 4 AFP BEIJING China's private sector is flourishing under a shower of market reforms with an additional 98,200 firms sprouting up last year to take the total past the quarter of a million mark. The China Daily said yesterday that by the end of 1993, the number
        AFP  -  75 words
      • Article
        Lock icon .. and more corruption cases
        37 4 and more corruption cases AFP BEIJING The Chinese authorities handled nearly 7,000 major corruption cases in 1993, more than double the previous year, and disciplined about 40,000 party members within four months, it was reported yesterday. AFP
        AFP  -  37 words
      • Article
        Lock icon Pyongyang-Beijing trade soars
        55 4 Reuter BEIJING Trade between North Korea and China reached a record U*****.64 million (551.43 billion) in 1993, up 29.1 per cent on 1992, the International Business newspaper reported. China's exports were U*****.35 million, up 11.3 per cent, and imports were U*****.29 million, up 91.2 per cent. It
        Reuter  -  55 words
      • Article
        Lock icon China population growth slows
        98 4 Reuter BEIJING China, the world's most populous nation, said its population last year grew at its slowest rate in more than three decades. Although the total population grew to nearly 1.2 billion, the natural growth rate the difference between the birth and death rates was 11.45
        Reuter  -  98 words
    • Article
      Lock icon China allies say HK Budget aims to win support for Patten
      353 4 Reuter HONGKONG China's allies in Hongkong yesterday accused Financial Secretary Sir Hamish Macleod of squandering money in his Budget to win public support for Governor Chris Patten's political reforms. "The financial secretary, in order to match Mr Patten's objective,
      Reuter  -  353 words
    • Article
      Lock icon Sino-British talks on airport in HK end on a positive note
      427 4 Reuter HONGKONG China and Britain finished the first talks on Hongkong's airport dispute in seven months on a positive note yesterday, raising hopes for a breakthrough in the twoyear row over money. Experts on the Sino-British Airport Committee, smiling
      Reuter  -  427 words
    • Article
      Lock icon Ignore Patten's tactics, Deng tells officials
      231 4 AFP HONGKONG Chinese paramount leader Deng Xiaoping has reportedly told officials to ignore the row with Britain over Hongkong's political reforms in the transition to China's takeover in 1997. a magazine said yesterday. The 89-year-old Deng was quoted by pro-China monthly the Mirror as
      AFP  -  231 words
    • Article, Illustration
      Lock icon One of the boys
      54 4 Reuter FUKUOKA, Japan Decked out in the colours of a Japanese baseball team, complete with cap, Chinese Vice-Premier Zhu Rongji (arms folded) seems at home with members of the Fukuoka Hawks. The minister, on an official visit to Japan, made an unofficial stop to watch the
      Reuter  -  54 words
    • Article
      Lock icon US will try to persuade China to join missile control system
      185 4 AFP WASHINGTON United States Secretary of State Warren Christopher will try to persuade China to agree to join an international missile technology control system when he visits Beijing next week. "That'll be one of the things I have on
      AFP  -  185 words
    • Article
      Shanghai Dazhong Taxi stock plan: charges of unfair treatment denied
      249 4 HONGKONG The China Securities Regulatory Commission (CSRC) has rejected allegations that it discriminated against the share conversion plan of Shanghai Dazhong Taxi, says a report in the South China Morning Post. Yesterday's report in the SCMP followed one on Sunday
      249 words
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      Page 4 Advertisements Column 1
      271 4 British-American Tobacco Company (Singapore) Limited Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Fifty-First Annual General Meeting of British-American Tobacco Company (Singapore) Limited will be held at the Registered Office of the Company. 57 Senoko Drive, Singapore on Tuesday, 29 March 1994 at 11.30 am for the
      271 words
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      Page 4 Advertisements Column 2
      108 4 Investment AUCKLAND, NEW ZEALAND W\ 8 Morgan St, jgSm Newmarket JT** I'™1'™ (Tower"B") ffllllara J5 QUALITY TENANTS (INCLUDING WESTPAC AND TEGEL FOODS) LONG TERM LEASE TOTAL ANNUAL RENTALS UP TO 5NZ386.050 This near new building features attractive upmarket office space, ample parking, quick easy access to motorways and city and
      108 words
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  • REST OF ASIA
    • Article
      Japan's gloomy economic outlook points to rate cut
      563 5  -  From Anthony Rowley in TOKYO FOR reasons best known to itself, Japan's most popular economic daily, the Nihon Keizai Shimbun, chose to put a very favourable gloss on remarks by a central bank official this week on the state of the nation's
      563 words
    • Article
      Lock icon Aussie retail sales surge as economy picks up
      420 5 Reuter SYDNEY Australian retail sales climbed to a record high in January, underpinned by rising consumer confidence and a recent drop in unemployment, according to data released by the Australian Bureau of Statistics yesterday. Economists described the 1.5 per cent gain in
      Reuter  -  420 words
    • Article, Illustration
      Lock icon Seoul suspends war games with US pending N-checks
      414 5 Reuter SEOUL South Korea yesterday announced a conditional suspension of military exercises with the United States but said talks with North Korea to end the dispute over its nuclear programme made no progress. A Defence Ministry statement said the Team Spirit exercise
      Reuter  -  414 words
    • Article
      Lock icon Pakistan increases incentives to boost oil, gas exploration
      281 5 Reuter ISLAMABAD Pakistan has raised incentives to foreign investors to revive waning interest in oil and gas exploration and plans to privatise several of its main energy enterprises this year, say officials. "The energy policy is the mainstay of this government," the
      Reuter  -  281 words
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      Page 5 Advertisements Column 1
      173 5 ,u# ,K mm mm MASTERS 1994 Jjgu. jMf/*and only ONE winneLThe Rolex Masters, 1994. jN^SK This week is your opportunity to walk the fairways and read the cut to vie for honours after 36 holes. Each man has the greens with some of the best golfers in Asia, Europe earned
      173 words
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  • THE WORLD
    • Article
      Lock icon Russia cuts off gas supplies to cash-strapped Ukraine, Belarus
      468 6 Reuter MOSCOW Russia started cutting off gas supplies to its cash-strapped neighbours Ukraine and Belarus yesterday because of unpaid bills, raising the prospect of disruptions in supplies to Western Europe. "We started reducing supplies to Ukraine and Belarus from 10 am
      Reuter  -  468 words
    • Article
      Lock icon American consumer spending up in January for 10th consecutive rise
      369 6 NYT WASHINGTON Despite bad weather and low levels of savings, American consumers stepped up their spending by half a per cent in January, matching December's satisfying gain. The Commerce Department reported on Wednesday that this was the 10th consecutive increase
      NYT  -  369 words
    • WORLD WATCH
      • Article
        Lock icon UK recovery optimism at lowest level
        88 6 Bloomberg Business News LONDON Optimism about Britain's economic outlook is at its lowest level, with uncertainty about the strength of the recovery, doubts about whether interest rates can be cut again and fears over the impact of next month's tax increases, the Times newspaper
        Bloomberg Business News  -  88 words
      • Article
        Lock icon Job security to be priority in pay talks
        110 6 Reuter OLDENBURG. Germany German Chancellor Helmut Kohl said job preservation had to be the priority in 1994 pay talks. Strikes and lock-outs now could stop the German economic recovery he added. Speaking at a campaign meeting in the North German town of
        Reuter  -  110 words
      • Article
        Lock icon Dutch to retain tax-free licensing
        74 6 Reuter AMSTERDAM The Netherlands is likely to retain its tax-free licensing system for speculative or "paper" trading commodities while an EU proposal to exempt this business from value added tax remains vague, the Finance Ministry said. "We see no need to withdraw the system," a
        Reuter  -  74 words
      • Article
        Lock icon Ukraine's president leaves for US
        71 6 Reuter KIEV Ukrainian President Leonid Kravchuk left for Washington yesterday for a four-day official visit and talks with President Bill Clinton, ending months of diplomatic isolation for Kiev. Mr Kravchuk is expected to seek US assistance in pulling Ukraine out of its economic crisis, following
        Reuter  -  71 words
      • Article
        Lock icon Dropping of coup trial: state to appeal
        105 6 Reuter MOSCOW The state prosecution said on Wednesday it would appeal a decision by the Supreme Court to drop criminal proceedings against defendants in the Soviet coup trial following an amnesty from the Russian parliament, Itar-Tass said. "The prosecution believes the decision of
        Reuter  -  105 words
    • Article
      Lock icon Worldwide migration falling off: OECD
      250 6 AFP PARIS Immigration into most of the developed countries of North America. Europe and Asia has fallen otY in what could mark a turning point in global migration, the OECD said yesterday. But it added that the potential remains for new bursts of migration, notably
      AFP  -  250 words
    • Article, Illustration
      Lock icon Faces of freedom
      37 6 Reuter MOSCOW A street vendor displaying her Rutskoi-face Matrioshka dolls in a Moscow underpass yesterday. Former vice-president Alexander Rutskoi and other Yeltsin foes were set free after the state Duma passed a resolution. Reuter
      Reuter  -  37 words
    • Article
      Lock icon Europe lagging in drugs research, says EC
      176 6 NYT LONDON Europe's drugs companies are losing their preeminence by not spending enough on research and development, the European Commission warned on Wednesday. They are also too small, production is too fragmented, companies have not yet been able to respond to the single
      NYT  -  176 words
    • Article
      Lock icon Radio stations to sue Zhirinovsky for paying with forged bank notes
      240 6 AP MOSCOW (AP) Two Russian radio stations said they will sue ultranationalist Vladimir Zhirinovsky for trying to pay his advertising campaign expenses with forged bank notes. Radio Mayak and Galaktika radio said Mr Zhirinovsky gave them false payment orders
      AP  -  240 words
    • Article
      Lock icon Republican plan will cut deficit by US$150b more than Clinton's
      464 8 Bloomberg Business News WASHINGTON House Republicans have unveiled an alternative to President Bill Clinton's budget plan that they said would reduce the deficit by US$l5O billion (*****.3 billion) more than Mr Clinton's budget over the next five years. The GOP
      Bloomberg Business News  -  464 words
    • Article
      Lock icon Clinton ties health care to economic woes
      286 8 Reuter WASHINGTON President Clinton said that the United States would never be economically competitive until health care costs were brought in line. "We're cutting everything else in the budget now, just more money for health care," Mr Clinton said in an interview broadcast
      Reuter  -  286 words
    • Article, Illustration
      Lock icon Mother and child in protest rally
      39 8 Reuter BUENOS AIRES An Argentine woman carrying her baby at a rally on Wednesday in the Plaza de Mayo square. She and others protesting against the government's labour reform bill were arrested. Reuter
      Reuter  -  39 words
    • Article
      Lock icon Mirror Group the likely winner in battle for Independent
      410 8 AFP LONDON The heated battle for the British daily the Independent looked to have been won by Mirror Group Newspapers (MGN) on Wednesday, after the newspaper's directors accepted an improved takeover offer. The directors of Newspaper Publishing pic (NP) said they
      AFP  -  410 words
    • Article
      Lock icon British govt defends sale of Rover
      261 8 AFP LONDON The British government yesterday fought off an opposition attack in parliament on its sale of Rover to German car giant BMW, saying Rover could retain independence and gain international strength. Robin Cook, Labour Trade and Industry Secretary, told the Commons British car
      AFP  -  261 words
  • Page 6 Advertisements
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      1000 6 I Focal Finance I I Focal Finance Limited I (Incorporated in Singapore) H (A Member of the OCBC Group) H I ANNOUNCEMENT I I The Board of Directors is pleased to announce the following audited results of the H I Company for the year ended 31 December 1993. I I
      1,000 words
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      Page 6 Advertisements Column 2
      91 6 BANKING AND FINANCE SPECIALISTS Regional conference/training organisation seeks suitable qualified professionals in banking, accountancy, capital markets, equities and finance to act as course/seminar presenters and trainers. Applicants should be currently employed as bankers, investment analysts, accountants or in financial advisory positions and have at least five years experience in their
      91 words
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      Page 6 Advertisements Column 3
      193 6 M THE MATTER OF THE COMPANIES ACT, CAP.SO AND M THE MATTER OF SANFU MARINE PTE LTD On Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 o( the Companies Act, Cap. 50. that the Final Meeting ol Members ot the abovenamed Company will be held on Monday. 4th
      193 words
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      139 7 f77i/$ i&Just one of of// 1 milestone& /0... £%kul ISKISK SINGAPORE PTE. LTD. ISK ISHIHARA SANGYO KAISHA, LTD. ISK ISHIHARA TRADING Ca LTD. A MITSUI St CO., LTD. *>ZZ/* (INCORPORATED IN JAPAN) J* SINGAPORE OFFICE 16 RAFFLES QUAY #17-00 HONG LEONG BUILDING SINGAPORE 0104 TEL: *****11 CABLE ADDRESS: "MHSUICO SINGAPORE"
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      226 8 7t )***** Si e rS^ m^ oun<l F r P«M 6 sISS|!S!;CT"na Y *****0 d(M) 9 Sh.baura 2-Chome. M.nalo-ku T el: *****161 Fax *****79 V Icl: *****94, Fax: *****97 Te A Fax: 666 5965 Fax: (03) *****304 JBP* f Agency Jalan Pretty, Asia Publications P.0.80x 410, Kuala Belait 6004 if"§
      226 words
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  • SPORTS
    • Article, Illustration
      Lock icon A gathering of titans, a time to settle rankings score
      716 9 Golf NYT MIAMI If any doubts remained about when the real golf season begins, they were dispelled during a stroll through the lobby of the Doral Resort and Country Club on Wednesday. With rain pouring down on the golf course
      NYT  -  716 words
    • Article, Illustration
      Lock icon Kankkunen extends lead on third day of Portuguese rally
      204 9 Reuter BASTO Finnish world champion Jahu Kankkunen extended his lead in the Portuguese rally to 47 seconds yesterday as he headed towards victory in this year's world championship series. After 22 special stages. Kankunnen's Toyota Celica had almost doubled its 26-sec-ond
      Reuter; AFP  -  204 words
    • Article
      Lock icon Agassi's comeback hits a snag
      338 9 Reuter INDIAN WELLS. California Andre Agassi's comeback hit a detour on Wednesday when France's Fabrice Santoro soundly beat him 6-4 7-6 (7-2) in the second round of the Champions Cup tennis tournament. Fifth-seeded Goran Ivanisevic of Croatia was still searching for his first match win
      Reuter  -  338 words
    • Article
      Lock icon Seoul hastens bid to co-host World Cup with Pyongyang
      185 9 AFP SEOUL South Korea will accelerate its bid to co-host the 2002 World Cup soccer tournament along with rival North Korea, government officials said yesterday. Seoul's chances to host the Cup will be bolstered if North Korea accepts "our proposal to
      AFP  -  185 words
    • SIDE LINES
      • Article
        Lock icon Philippines ready for Olympic gold
        93 9 AFP MANILA President Fidel Ramos said here yesterday that the Philippines should be ready to win its first gold medal in the 1996 Atlanta Olympic Games by virtue of its ongoing sports development programme. Mr Ramos, an avid sportsman, said the Philippine Sports Commission and
        AFP  -  93 words
      • Article
        Lock icon Indonesia to host Asian Tour golf open
        99 9 AFP JAKARTA Indonesia will host a four-day golf open tournament as part of the Newsweek Asian Tour later this month, an organiser said here on Wednesday. Up to 127 professional golfers from 28 countries will compete for the U*****.000 (*****.000) total prize money,
        AFP  -  99 words
      • Article
        Lock icon New team match-play event
        87 9 AFP MIAMI The PGA's Tournament Policy Board gave the green light here on Wednesday for the development of a new team match-plav event patterned after the Ryder Cup. If all goes well, the new competition, currently named "The President's Cup" could start later this year. The
        AFP  -  87 words
      • Article
        Lock icon Taiwan plans sevens tournament
        95 9 Reuter TAIPEI Taiwan is to host an international sevens tournament in September, expected to be the world's largest sevens competition outside Hongkong, the island's rugby union said on Wednesday. Union president CY Chuang said if the Taipei Invitation Sevens proved a success Taiwan would hold it
        Reuter  -  95 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        35 9 AFP W ASHINGTON NBA Wednesday: Cleveland 110 Boston 96; Portland 131 Detroit 107; Miami 108 Minnesota 100 (OT); LA Lakers 97 Chicago 89; Utah 106 San Antonio 96; LA Clippers 118. Charlotte 109. AFP
        AFP  -  35 words
      • Article, Illustration
        Golf
        75 9 SINGAPORE Role\ Masters leading scores after second round at the Singapore Island Country Club, Sime Course yesterday (Singaporean unless stated): 137 M Ramayah (Mai) 68-69 138 Samson Gimson 70-68. A Norns (US) 70-68 139 M Siodina (Phi) 69-70 140 E Bagtas (Phi) 72-68. D Zarate (Phi) 71-69 141 S
        75 words
      • Article, Illustration
        Lock icon Ice hockey
        35 9 AP NEW YORK NHL Wednesday: Buffalo 7 Ottawa 2: NY Rangers 5 Quebec 2: New Jersey 3 Florida 2: Los Angeles 4 Hartford I; Winnipeg 4 Dallas 2: Montreal 5 Anaheim 2. AP
        AP  -  35 words
      • Article, Illustration
        Lock icon Tennis
        253 9 Reuter AP AFP INDIAN WELLS, California Results of the Champions Cup tournament Wednesday 2nd rd: Stefan Edberg (Swe) b Byron Black (Zim) 6-1 6-3; Aaron Krickstein (US) b Sergi Bruguera (Spn) 6-7 7-5 6-4; Darren Cahill (Aust) b Goran Ivanisevic (Croat) 6-3 1-6 7-6; Michael Chang (US) b Robbie
        Reuter; AP; AFP  -  253 words
    • Article
      Lock icon Samaranch faces push to add rugby to Olympics
      128 9 AFP PARIS French rugby officials are expected to push for inclusion of their sport in the Olympics when they entertain lOC president Juan Antonio Samaranch at tomorrow's France-England rugby match. The International Olympic Committee press office in Geneva confirmed that Mr Samaranch
      AFP  -  128 words
    • Article
      Lock icon Dark clouds gather over England
      770 9 Reuter LONDON England's preparations for next year's World Cup are suddenly up in the air as they head uncertainly towards Paris for this weekend's Five Nations encounter with France. A home defeat by Ireland, five players dropped as a result, no tries for almost 12
      Reuter  -  770 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      115 9 With the buoyant property sector and bullish investment, stocks and shares market, the demand for financial services has been increasing tremendously. Recruiting suitable candidates would be your prime concern, to meet this surge of business opportunities. You can do well to capitalise on our special recruitment focus: "Careers in Banking
      115 words
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  • ADVERTISING & MARKETING
    • Article
      Lock icon Colgate reshuffles product responsibilities
      663 10 Move is one of the largest realignments of global assignments in the '90s NYT COLGATE-Palmolive Co. in one of the largest realignments and consolidations of global agency assignments so far during the *****, has shifted responsibilities for important brands including Colgate oral-care products and Mennen toiletries.
      NYT  -  663 words
    • Article, Illustration
      Vroom comes the Ferrari of bikes
      201 10 LOCAL firm Ideal Motor Sports has begun importing exclusive Italian motorcycles that can be admired by many but afforded by few. Bimota bikes dubbed the Ferraris of the motorcycle world are priced from $31,000 to $68,000. which make them more expensive than Harlev-Davidsons or
      201 words
    • Article
      Gillette takes over marketing of Parker Pen products in Singapore
      363 10  -  Joycelyn Shu reports on the completion of £285 m purchase by the US based firm Joycelyn Shu GILLETTE Singapore has taken over the marketing and servicing of Parker Pen products in Singapore. This follows the completion of USbased Gillette Co's
      363 words
    • Article, Illustration
      Keeping the stink out of the crisis
      692 11  -  Corinne Kerk profiles Martin Langford, Burson-Marsteller s public relations chief whose name is synonymous with trouble Corinne Kerk MARTIN Langford's name is almost synonymous with crisis and disaster. But not because he is the cause of these unfortunate events. Rather, he is the
      692 words
    • Article, Illustration
      Lock icon People do need People
      641 11 Despite sniggers from sceptics, the magazine today enjoys one of the highest circulations in the US Reuter THE experts laughed when the first issue of a "low brow" weekly picture magazine came out 20 years ago called People, saying that it would soon run out of
      Reuter  -  641 words
    • COPY LINES
      • Article
        Mercedes appoints S'pore agencies
        66 11 SINGAPORE Mercedes-Benz has announced the appointment of two advertising agencies after a review. Batey Ads will handle all media and marketing communications in IS regional countries to provide a cohesive regional image. Monsoon Advertising has been appointed to handle the Singapore account through Mer-cedes-Benz distributor Cycle
        66 words
      • Article
        Saatchi wins Burger King account
        48 11 SINGAPORE Burger King Asia Pacific and Burger King Corporation franchise Bon Food have appointed Saatchi Saatchi Advertising to handle their business in Singapore. The contract was awarded to Saatchi Saatchi for its local "twist" to an overseas campaign for an essentially Western product.
        48 words
      • Article
        Leo Burnett links up with Vietnam
        46 11 SINGAPORE Chicago-based Leo Burnett Company has formed a non-equity affiliation agreement with Vietnam Advertising Company. Located in Ho Chi Minh City, Vietnam Advertising will handle marketing and media efTorts for Burnett's multinational clients. Burnett operates 57 offices in 49 countries.
        46 words
      • Article
        SMUT tests whole-train ad scheme
        79 11 SINGAPORE The MRT has put aside three "special" trains which can each be entirely booked by one a advertiser. Before the scheme started on Feb 17, 14 advertisers had to share advertising space of 84 poster slots in a train of six carriages. Yellow Pages
        79 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      136 10 f 1 BusinessTinra line to bail out? What is ailing the stock market? Is disaster just round the corner? Bank profits are up, but why are share prices down? mjpr Where do you get a guaranteed 6% return with a free vacation thrown in? Meet the 29-year-old Singaporean behind 1993's
      136 words
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      Page 10 Advertisements Column 2
      103 10 IndustryWeeklv YOUR REFKRiNa FOR INTiKN/fftONAi TRADING M M HtU>S BUILD YOUR BUSINESS :\ew Presentation i\[eu> 'format INDDSTRIAL MACHINERY INDUSTRIAL MATERIALS > U j=Pfffl pj INMISTRYSKATE ||||kN —I- ?k SUPPORTING SERVICES TRADE INFORMATION Qet Iftuvi Gofuf loday! 1 COMPLETE YOUR COMPANY PARTICULARS FOR YOUR FREE TRIAL COPY J -2j* ®lf/y Yes,
      103 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      172 11 Centre for Continuing Education Queensland Unlvarsity of Technology Nanyang Technological Unlvarsity Court* Out Una This course is suitable for technologists/technicians who wish to gain an overall knowledge of Corrosion and its Control and also for more experienced practitioners who may want to refresh his/her knowledge in a particular area. The
      172 words
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      Page 11 Advertisements Column 2
      249 11 fjoes Your "Skin Care Regime Work As Hard As You Do f BOur skin, like our body, has its own m biological rhythms. During the night. 4 the skin works to repair itself, while in the day. its main function is to protect it from harsh environmental factors like the
      249 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      699 12 Nothing Beats A Budor msSS A good reason to visit Mischief the ftin pub: From spm to Bpm daily, beer and house pouring drinks are at only $3.50*+ each. Mischief Is open from 11 am to lam daily <X (till 2am on Fridays, Saturdays eve of public holidays) For reservations,
      699 words
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      Page 12 Advertisements Column 2
      225 12 WHERE TO WINE, DINE AND ENTERTAIN m fISS Livewire from the Philippines plays popular hits from 9 00 p.m. Happy Hours :6 pm 9 pm (Mon Sat). One for one on all standard drinks Cover charge on Friday, Saturday A Eve of Public Holiday SBMY PLAZAHotej, _J 1/' —i >■
      225 words
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      Page 12 Advertisements Column 3
      361 12 'Cj3r(e<ailt(Bst6 In a zvord. In aff 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. Ijtr 'for reservations, please calf *****51. Singapore s 'Jrench 'Buffet for the
      361 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Desperate enough not to drive
      487 13  -  Sue Pleming reports on eight Belgian couples forsaking their cars for a month Sue Pleming Reuter Monster traffic jams, filthy exhaust fumes and stressful driving conditions led eight Belgian couples to hand in their car keys for a month. The couples enrolled in an experiment
      Reuter  -  487 words
    • Article
      Lock icon The Beatles are at it, finally
      349 13 NYT AFTER five years of announcing and then denying that a recording collaboration would take place. Paul McCartney. George Harrison and Ringo Starr, the surviving former Beatles, have spent much of the last month recording new music in England. They have turned down journalists'
      NYT  -  349 words
    • Article, Illustration
      Lock icon Did Bono make OP Blue Eyes cry?
      391 13 CHATTERBOX UPI UPI AFP UPI U2 BAD boy Bono was apparently unaware of the effect his poetic speech of praise had on Frank Sinatra at the Grammy Award ceremonies on Tuesday. Asked how he felt about moving Ol' Blue Eyes to tears when
      UPI; AFP  -  391 words
  • Page 13 Advertisements
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      235 13 It's HAPPY MOUHS At Tremors! 6 to 9 PM S$ B.oo+ Inclusive Of 1 Standard Drink Tim Sum Snacks Fruit Platter Hans at Robin? Yes, Let Hans C RoMb Entertain yoa as wall i 4 V TREMOR ENTERTAINMENT PTE LTD 163 Twfrng Pagar Road #04-16 Singapore 0208 Tel: 2277 116
      235 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1347 13 TV RADIO Barbara Fire Desire, 9pm, SBC 12 Saiiy sorts about the who began as an orphan and soared to stardom. Armed and Dangerous, Bpm, SBC S John Candy a sacked cop rjj f Robert Levy a crooked a security involved with <&*>■ the mob. led by Robert Loggia. This
      1,347 words
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  • Article
    The benefits of gaiatsu
    483 14 EDITORIAL THE prospect of a Japan-US trade war will concentrate cabinet minds in Tokyo, a cause for quiet satisfaction on the part of Prime Minister Morihiro Hosokawa whatever his public protestations to the contrary. Mr Hosokawa has wrought wonders with his hopelessly fractious coalition, developing an
    483 words
  • WHAT THE OTHERS SAY
    • Article
      Hit the extremists hard
      199 14 THE KILLING of Muslim worshippers in Hebron is a grim reminder that the threat to the Arab-Israeli peace process comes not only from Palestinian extremists but also from militant Jewish settlers in the occupied territories. Prime Minister Yitzhak Rabin has denounced the murderer and his ilk
      199 words
    • Article
      Towards religious harmony
      124 14 RELIGIOUS HARMONY can never be taken for granted, especially in a multi-religious society like Singapore. Indeed, it is crucial for our survival as a nation. In this context, the Islamic Religious Council of Singapore's (Muis) plan to organise a series of monthly talks at the end of
      124 words
    • Article
      Major on shaky ground
      158 14 BRITISH Prime Minister John Major's government is finding itself in a shaky position, embroiled in tussles with Malaysia and China. In its quarrel with Malaysia, it is resorting to getting the European Union involved a possibly futile move which only further reflects how impractical it is.
      158 words
    • Article
      The increase might be justified
      182 14 AT FIRST BLUSH, the government's plan to raise the entertainment allowance for the Chief Secretary, Anson Chan Fang On-sang, seems outrageous. Mrs Chan earns about HKSI.B7 million a year. Her Finances would hardly be ruined if she spent some of her own money on entertainment.
      182 words
    • Article
      Get down to business
      151 14 THE RECENT PROPOSAL by a special Senate committee studying the Constitutional amendments that a panel of "outsiders" be formed to draft a new Constitution replacing the existing one, which is being billed as "a legacy of the National Peace-Keeping Council", came like a lightning strike in
      151 words
  • Article, Illustration
    Playing a different kind of sax
    1245 14  -  Leon Hadar finds the Federal Reserve fighting off efforts to clip its wings Leon Hadar The writer is BT's Washington Correspondent AS CHAIRMAN of America's Federal Reserve Board (America's central bank), the mildmannered Alan Greenspan a speaker of remarkable dullness, a life-long bachelor, and.
    1,245 words
  • Page 14 Advertisements
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      39 14 GET IT AfOIV Available at Newsstsnds Tlmaa the Bookshop NTIIC Supermarkets Guardian Ptiarmacy 7-Elavan STOP PRESS kiosks Browse A Buy at pott offices Shall Esso Caltax Mobil SPC BP. Published by Times Periodicals, member of Singapore Press Holdings M
      39 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      156 14 I iwejusr uci?<e.Di '£> UKE. sowejvtiNG TO S^OP mi iPcrr-M OUT IT Pon/ C. ASSOCIATEDHO, IHMW 9'32 DOONESBURY GARRY TRUDEAU 1 'NEITHER J£fF NOR I KNEW r VKT ANPA6A/N' L OKAY. TOP OFm ANYTHING ABOUT THIS! UJE 600P! NOUJ PICK IT 1 pcJ^FcLpcnPAGE 73, YOU'RE U£R£ SHOCKED! WRUNG UP AFTER.
      156 words
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  • Article, Illustration
    Lock icon ANALYSIS Pitfalls galore in Asian project financing
    1563 15  -  Foreign project financiers are hungry for a slice of the action as Asia goes heavy on infrastructure development. Severe complications, however, arising from projects in Hongkong, Taiwan and Thailand suggest that the business isn't as simple as it seems. Tony Shale reports Tony
    Euromoney  -  1,563 words
  • Article, Illustration
    Big wheels start rollin' in Vietnam
    1026 15  -  Car wars have broken out in Vietnam between American, Japanese, Malaysian, French and German automakers. Harish Mehta reports Harish Mehta WHEN South Korean auto giant Daewoo discovered the Vietnamese government was discouraging foreign firms from producing passenger cars in Vietnam as the market had
    1,026 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      160 15 These securities have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States except in accordance with the resale restrictions applicable thereto. All of these securities having been sold, this advertisement appears as a matter of record only. I JiMV
      160 words
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  • Article
    Bank Negara takes control of Rakyat Merchant Bankers
    442 16  -  From Leslie Lopez in KUALA LUMPUR BANK NEGARA has taken control of Rakyat Merchant Bankers Bhd, a subsidiary of a state-owned cooperative bank, after a probe revealed that the institution was insolvent. The Malaysian central bank's statement yesterday did not disclose reasons
    442 words
  • Article, Illustration
    Lock icon Bundesbank leaves 2 key interest rates unchanged, strives to calm markets
    463 16 Reuter, AFP FRANKFURT The Bundesbank announced that its policy-making central council had left its two key interest rates unchanged at a meeting here yesterday. The discount rate remains at 5.25 per cent, the level since Feb 18, and the
    Reuter,; AFP  -  463 words
  • Article
    Lock icon IG Metal votes for strike, bosses seek last-ditch talks
    218 16 Reuter FRANKFURT German engineering employers yesterday called for last-ditch talks in a final attempt to avert a damaging strike as workers in the IG Metall union voted overwhelmingly for industrial action from Monday. Yesterday's vote heralded what could develop into Germany's
    Reuter  -  218 words
  • Article
    Lock icon US factory orders rose in January for sixth straight month
    321 16 Reuter WASHINGTON Strong demand for new aircraft pushed American factory orders higher for the sixth straight month in January, the Commerce Department said, extending the best string of rises in orders in six years. The 2.1 per cent gain in
    Reuter  -  321 words
  • Article
    Lock icon Jakarta forces foreign consortia to slash power plant bids
    327 16 Reuter JAKARTA Indonesia has forced three foreign consortia to cut by almost 20 per cent their bids to build three gas and steam-fired power stations on Java island with a total generating capacity of 2,342 megawatts. The official Antara news agency
    Reuter  -  327 words
  • Article, Illustration
    US at risk of isolating itself in trade war against Japan
    839 16  -  The Bottom Line ANTHONY ROWLEY ANTHONY ROWLEY The writer is BT's Tokyo Correspondent UNITED STATES Trade Representative Mickey Kantor is casting around rather desperately for support in his bid to prise open Japan's markets by main force. But potential
    839 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      22 16 BBS NGEE ANN ODEON CITY TOWERS (Orchard Road) T (Opp Raffias Hold) Quality Serviced Offices Tel: 65-838 5243/ Fax: 65-*****76 MRCENTRE SINGAPORE
      22 words
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      Page 16 Advertisements Column 2
      520 16 WillB INOOOLES 'Coin>« ■Mil—i 'Si<*uM*S*te FtedSmtckaadi AMP WCI Po* and Cankay Egg CiaMart* Sated Rati P f I .v k WJ FW Egg Shadtfafinaad Fiiad Ctebaga tadi I K l\ Ml II Fted ftoa aadi GMnoua ftca Pud Hwdwf Mudiwom Oaic Sauca \Jj2¥, 11 n. 11 MJ BraariCumb (HatiSuKok) Soup
      520 words
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  • COMPANIES & MARKETS
    • Article
      Lock icon Telekom's profit jumps 31pc on lower tax bill
      452 17 Bloomberg Business News, Bernama KUALA LUMPUR Telekom Malaysia Bhd said its net profit rose 31 per cent to MS 1.21 billion (*****.2 million) last year as increasing capital spending lowered the telecommunications company's tax bill. The profits were higher than expected, but
      Bloomberg Business News,; Bernama  -  452 words
    • Article, Illustration
      Lock icon SSL signs 3rd joint venture in Vietnam
      413 17  -  From Loh Hui Yin in HANOI STRAITS Steamship Land has signed up for its third project in Vietnam a US$llO million (S$ 173 million) residential, business and hotel project in Hanoi. Straits Steamship Land will take a 70 per cent stake in the
      Photo by Peter Chew Kok Wei of Lianhe Zaobao  -  413 words
    • Article, Illustration
      Lock icon The glow in red chips Cosco Investment and HTP Holdings: is it justified?
      921 17  -  By Joyce Quek SINGAPORE Sun Corporation and HTP Holdings, two rather lacklustre companies recently taken over by Chinese state-owned enterprises, have glowed as "red chips". This week, their share prices slipped after hitting their highest-ever peaks Sun
      Source: Bridge Info; Source: Bloomberg  -  921 words
    • Article, Illustration
      Wearnes expects high-tech business to lead growth
      375 17  -  By Lee Han Shih SINGAPORE Listed Wearne Brothers, which has lost at least $80 million on its technology ventures, said again yesterday that technology is expected to be its fastestgrowing business in the future. In his address in the company's 1993 annual report,
      375 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        41 17 Weak Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6nm yesterday. Overnight events may alter sentiment. Brokers polled Barings. Daiwa. Kay Hian. Morgan Grenfell. Tat Ijee. Ong Co. GK Goh and SG W arburg.
        41 words
      • Article, Illustration
        HOT STOCK
        149 17  -  -By Quak Hiang Whai Along with the selling in the market, Public Bank lost 12 cents to $2.65 on a volume of 430,000 units yesterday. The stock appears to have been trapped in the band between $2.60 and $3 for a while, with strong resistance at the upper
        149 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Times Pub sells shares in travel unit
          96 18 SINGAPORE Times Publishing yesterday announced that it has completed the sale of 75,000 $1 shares of Times Travel, an associated company, to Tan Kui Chou, a management staff of Times Travel. The sale reduces the company's shareholdings in Times Travel from 200,000 or
          96 words
        • Article
          Earlier opening hours at CDP
          55 18 SINGAPORE As from next Monday, the Central Depository Pte Ltd (CDP) will open half an hour earlier, at 8.30 am. Closing time will remain at 4.45 pm. The revised opening hours are to give office workers in the city more time in the morning to
          55 words
        • Article
          Suspension of trading in OUS
          28 18 SINGAPORE Overseas Union Securities has requested for a suspension of trading in its shares today, pending an announcement of the company's year-end results.
          28 words
        • Article
          Lock icon Sri Hartamas' share price surges
          71 18 Reuter KUALA LUMPUR Sri Hartamas Corp Bhd shares surged on rumours of an asset revaluation and a privatisation project deal, brokers said. The price surged to M 55.25 (Ss3) against Wednesday's close of M 54.96 before ending lower at M 54.92. Some 9.3 million shares
          Reuter  -  71 words
        • Article
          Lock icon Store Corp makes strong debut
          87 18 Reuter KUALA LUMPUR Retail group The Store Corp Bhd made its debut with the share opening at Ms 6 (553.40) for a premium of M 53.40 over its ofTer price. The share then surged to M 56.50 before falling back to M 56.10 after 45
          Reuter  -  87 words
        • Article
          Lock icon Petronas Dagangan's listing
          121 18 MBT KUALA LUMPUR Petronas Dagangan Bhd's entire issued and paid-up share capital comprising 378 million shares of MSI (57 Singapore cents) each will be listed under the "Trading/Services" sector on Tuesday. Its MS3OO million nominal amount of unsecured redeemable Islamic debt securities and 120 million warrants will
          MBT  -  121 words
      • Article
        Lock icon Malaysia forms third national shipping firm
        336 18 AFP KUALA LUMPUR Malaysia has formed a new national shipping firm to reduce reliance on foreign liners which has left the country with huge freight and maritime insurance deficits. Officials yesterday said Global Maritime Sdn Bhd, which will be operational soon, is to be
        AFP  -  336 words
      • Article
        Lock icon Analysts expect Sime Darby's interim pre-tax profit to rise 13-24 pc
        378 18 NST KUALA LUMPUR Sime Darby Bhd is expected to chalk up between 13 and 24 per cent growth in its interim pre-tax profit for the period to Dec 31, 1993. analysts said yesterday. Several stockbroking firms have forecast the
        NST  -  378 words
      • Article
        Thai Gypsum, CP Group in Shanghai venture
        279 18 BANGKOK Thai Gypsum Products Co. the listed gypsum board manufacturer, recently entered a joint venture with a Charoen Pokphand Group subsidiary to invest in a US$3O million (SS4B million) gypsum manufacturing plant in Shanghai as part of its drive to establish a presence
        279 words
      • Article
        Berjaya in Argentine casino, China lottery ventures
        552 18  -  From Ho Kay Tat in KUALA LUMPUR IN A further push into overseas gaming, the Berjaya Group of companies yesterday announced a casino joint venture in Argentina with the Mirage Group of Las Vegas and a social welfare lottery management project in China's
        552 words
      • Article
        Lock icon C&C Bintang's group profit falls 31pc
        358 18 Bernama KUALA LUMPUR Cycle and Carriage Bintang Bhd has reported a 24 per cent drop in group pre-tax profit to M$ 13.092 million (557.6 million) for the 15 months ended Dec 31, 1993. from the previous corresponding period, despite a 6 per cent rise
        Bernama  -  358 words
      • Article, Illustration
        Lock icon Cold Storage (M) posts 115pc jump in profit
        197 18 Bernama KUALA LUMPUR Cold Storage (M) Bhd reported a group pre-tax profit of MS 13.82 million (SSB million) for the 15-month period ended Dec 31, 1993, an increase of 114.6 per cent from a profit of M 56.44 million for the 15
        Bernama  -  197 words
      • Article
        Lock icon Johan plans ceramics joint venture in Vietnam
        347 18 Bernama KUALA LUMPUR Johan Holdings Bhd is pursuing a joint venture in ceramics manufacturing in Vietnam to tap the potential in the newlyopened market. Chairman Tan Kay Hock said yesterday the venture could involve its wholly-owned subsidiary. Prestige Ceramics Sdn Bhd. buying equity
        Bernama  -  347 words
      • Article
        Focal Finance's earnings rise 29pc to $9.8m
        419 18  -  By Shiv Taneja SINGAPORE Focal Finance Ltd. a member of the OCBC group, yesterday announced net earnings of 59.8 million for 1993 (Dec 31). up 28.9 per cent over the previous year. It also announced a rights issue of two for every five
        419 words
      • Article
        Hind Hotels buys another New Zealand property
        170 18 SINGAPORE Listed Hind Hotels International, which operates the Imperial Hotel here, has agreed to buy a property in New Zealand for NZSS million (554.5 million). The property a warehouse. office and showroom complex is being sold by Dowell Investments. Hind said the purchase
        170 words
      • Article
        UNIT TRUSTS & FUNDS
        542 18 UNIT TRUSTS FUNDS M—«m- Mar 4 UMB Invest Mgt Ltd llnif Tmct I nilund 1.5.1 1.54 I nihond 1025 1055 Tfcc Commerce 176 I BS United (»r Fund' 166 1.72 The Savings Fund 160 I 68\d I nited \sia Fund 18.1 193Spore Praj Fund 0.75 0 9 spun See Fund
        542 words
      • Article
        DIVIDENDS ANNOUNCED
        462 18 Payment Ex Books Pay date close date BAT 21* F 86.9N Mar 18 Mar 24 Apr 6 Bcrjaya Group I 6 Mar 11 Mar 28 Apr 18 Benaya Ind I 4 Mar II Mar 28 Apr 12 Bcrjaya Leisure I 5 Feb 22 Mar 8 Apr 6 BMT
        462 words
      • Article
        NZ's Brierley posts 25pc rise in interim earnings
        434 19  -  By Schutz Lee SINGAPORE Brierley Investments Ltd's interim earnings rose 25 per cent on improved showing of its largest subsidiary, Mount Charlotte Investments in the UK, and healthy input from other interests, and from asset sales, the New Zealand group said yesterday.
        434 words
      • Article, Illustration
        Lock icon Saying no to MNCs
        55 19 Reuter NEW DELHI An Indian Socialist Party activist urging passers-by to boycott multinational companies' products outside New Delhi's Parliament House on Wednesday. The party had kicked off a week-long campaign against the Indian government's 31-month-long economic liberalisation programme that has shed the country's socialist policy for
        Reuter  -  55 words
      • Article
        Lock icon Philips back in the black, to resume paying dividend
        275 19 Bloomberg Business News EINDHOVEN, Netherlands After having omitted a dividend for three consecutive years, Philips Electronics NV yesterday signalled investors that it is convinced it will stay profitable in the coming years. Philips said it will pay a dividend of O.S
        Bloomberg Business News  -  275 words
      • Article
        Lock icon US panel clears Baby Bells' long-distance move
        200 19 Bloomberg Business News WASHINGTON The overhaul of the United States telecommunications industry took another step forward yesterday as a House sub-committee approved a bill to allow the regional Bell telephone companies to expand into long-distance markets. The speedy approval doesn't necessarily signal strong
        Bloomberg Business News  -  200 words
      • Article
        Lock icon First Pacific notches 60 pc profit jump
        178 19 Bloomberg Business News HONGKONG Hongkongbased conglomerate First Pacific Co said its 1993 net profit jumped 60.4 per cent to HK5789.3 million (Ssl6o million) from HK5492.1 million on higher earnings from its property brokerage and telecommunications equipment distribution operations. Earnings per share rose 57.2
        Bloomberg Business News  -  178 words
      • Article
        Lock icon Hongkong & Shanghai Hotels group profit surges 12pc
        222 19 Hongkong Shanghai Hotels group profit surges 12pc Bloomberg Business News HONGKONG Luxury hotel and real estate group Hongkong and Shanghai Hotels said its net profit climbed 12 per cent to HK$4l7 million (5585.4 million) in 1993 from HKS372 million in 1992. The figures are after tax and minority interests but
        Bloomberg Business News  -  222 words
      • Article
        Lock icon Profit slump shows need for change: Goodman Fielder
        547 19 Bloomberg Business News SYDNEY Australian food group Goodman Fielder Ltd says its 53 per cent slump in first-half net profit highlights the urgency of the company's restructuring programme. Profit after taxes and onetime items fell to A 561.6 million (5569.1 million) from
        Bloomberg Business News  -  547 words
      • COMPANY BRIEFS
        • Article
          Lock icon Foreigners sell NT$165m Taiwan stocks
          102 19 Bloomberg Business News TAIPEI Foreign financial institutions sold a net NTS 165.7 million (559.9 million) in Taiwan stocks on Wednesday, the Commercial Times reported yesterday, citing Taiwan Stock Exchange data. Wednesday was the seventh session in a row in which foreign institutions sold more shares
          Bloomberg Business News  -  102 words
        • Article
          Lock icon Cheung Tai Hong to issue shares
          80 19 Bloomberg Business News HONGKONG Cheung Tai Hong Holdings will issue 117.6 million new shares and 82.32 million existing shares in an initial public offering. The shares will be offered at HKSI.2O (550.24) a share through Peregrine Capital, the Hongkong-based company said in a statement
          Bloomberg Business News  -  80 words
        • Article
          Lock icon HK Electric's profit up 10.8pc
          63 19 Bloomberg Business News HONGKONG Hongkong Electric Holdings, the territory's second-largest electric utility, yesterday said its net profit rose 10.8 per cent to HKS3.3B billion (***** million) in 1993 from HKS3.OS billion in 1992. The figures are after tax, payments to minority interests and transfers to
          Bloomberg Business News  -  63 words
        • Article
          Lock icon Viacom completes offer for Paramount
          79 19 Bloomberg Business News NEW YORK Viacom Inc on Wednesday said it has completed the cash tender offer for shares of Paramount Communications. Viacom, which prevailed in the marathon takeover battle for the media and entertainment concern, accepted 61,657,432 shares of Paramount more than half its
          Bloomberg Business News  -  79 words
        • Article
          Lock icon China Steel private placement smooth
          88 19 Reuter TAIPEI The private placement portion of an offer of 360 million shares in China Steel Corp went smoothly, lead underwriter China Development Corp said yesterday. Twenty per cent of the offer, or 72 million shares, was allocated for private placement to institutions. At the
          Reuter  -  88 words
        • Article
          Lock icon Amcor interim profit down 20.8pc
          76 19 Bloomberg Business News SYDNEY Amcor Ltd, Australia's largest paper and packaging group, said its current major expansion programme has slowed profit growth but it expects new businesses to boost earnings in the next few years. Amcor said yesterday net profit in the six months ended
          Bloomberg Business News  -  76 words
    • FINANCE & COMMODITIES
      • Article
        US' Kidder, Peabody opens branch in S'pore
        340 20  -  By Soh Tiang Keng SINGAPORE One of America's biggest investment banking and broking houses, Kidder, Peabody, opened a branch here yesterday which will serve as its springboard into Asia. Kidder, Peabody, which has assets of more than US$lOO billion (SSISB billion), will use
        340 words
      • Article, Illustration
        Lock icon US Treasury bonds jump, but for how long?
        487 20 NYT NEW YORK Treasury securities rebounded to finish slightly higher in volatile trading on Wednesday, battling back from another sharp rise in interest rates, this one ignited by an overnight slump in world bond markets. But according to market participants, the market's
        NYT  -  487 words
      • Article
        Dollar rally against yen only a matter of time, say analysts
        360 20  -  From Neil Behrmann in LONDON FOLLOWING a heady surge in the past few weeks, the yen is overbought against all currencies. An eight-person panel of foreign exchange managers and analysts contends that it is only a matter of time
        360 words
      • Article
        Lock icon Maybank launches US$100m FRCD issue
        168 20 Bernama KUALA LUMPUR Malayan Banking Bhd yesterday launched a USSIOO million (*****.2 million) floating rate certificate of deposit (FRCD) issue, the first to be issued by a Malaysian bank. In a statement released here yesterday, the bank said the FRCD. to be lead managed by
        Bernama  -  168 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        125 20 THE US$/majors moved lower yesterday led by the US$/yen with rumoured US options-related sales and huge sell-orders above 104.00 yen. Talk of US-Japan trade issues still plagued the US$/yen with a rumoured BOJ purchase to support the US$. The USS/SS was taken up in early
        125 words
      • Article
        Lock icon London
        178 20 Bloomberg Business News LONDON The dollar was little changed against the deutschemark in Europe yesterday as traders anticipated US job figures today. Elsewhere, the yen strengthened in late trading amid speculation the administration is about to escalate pressure on Japan by renewing its punitive trade measure, "Super 301." An
        Bloomberg Business News  -  178 words
      • Article
        Lock icon China expected to buy more M'sian palm oil
        177 20 Reuter KUALA LUMPUR China's demand for Malaysian palm oil is expected to pick up this year to overcome a shortfall in domestic supply, analysts and traders said. "We will see constant buying from China," said Hong Chin Choon, business manager at Phillip
        Reuter  -  177 words
      • Article
        Lock icon New York
        89 20 AFP NEW YORK The dollar rose against most major currencies except the yen yesterday in quiet trading ahead of today's jobless figures for February. At around 9:30 am. the dollar rose to 1.7130 German marks from 1.7050 on Wednesday but fell to 104.10 from 104.25 yen. In London,
        AFP  -  89 words
      • Article, Illustration
        Untitled
        1559 20 I rode-weighted index calculated against Spore's lop 14 trading partner* Base year I9SS US$/S$ forward rates Noon Mar 3 ss Bid Offer 1-month 1.5783 1.5798 2-month 1.5781 1.5796 J-month 1.5777 1.5792 6-month 1.5770 1 5790 Sounr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at ltan m Mar 3: Singapore
        1,559 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen higher on technical rebound
        1387 21 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures closed sharply higher in quiet trade on a technical rebound yesterday. Dealers said the Euroyen was correcting from losses suffered earlier in the week. "It is just a technical correction. We should see selling on rallies for the
        Reuter  -  1,387 words
      • Article
        KL tin drops 14 cents to M$14.36
        633 21 COMMODITY REPORTS Tin TIN closed 14 cents lower at MS 14.36 a kg. extending overnight falls on a stronger ringgit against the US dollar, a lower London market and an initial high offer, traders said. "There were a lot of offers. Miners are
        633 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Aluminium up in post-kerb trade
          105 21 SYDNEY Aluminium prices were edging higher in light post-kerb trading here following a lack of fresh developments at the latest round of multilateral supply-reduction talks that sparked fresh liquidations. Three-month aluminium was last quoted at U551,277 a tonne, up USS3 from Wednesday's late kerb. "A
          105 words
        • Article
          China 1993 edible vegoil imports down
          65 21 TOKYO China imported 40.000 tonnes of edible vegetable oil in December, bringing 1993 imports to 240.000 tonnes, down 43.8 per cent from 1992. according to China's official external trade statistics. Edible oil exports were 28.570 tonnes in December and 136.095 tonnes in 1993. more
          65 words
        • Article
          China 1993 cotton exports up 3.6pc
          55 21 TOKYO China exported 149.953 tonnes of cotton in 1993. up 3.6 per cent from 1992. according to official external trade statistics. An official report, edited by the General Administration of Customs, also said China exported 198.714 tonnes of cotton varn in 1993. 20.8 per
          55 words
        • Article
          US gas in storage falls
          126 21 NEW YORK American Gas Association weekh data showed that US working gas in storage fell to 33.6 per cent of capacity, down from 35.6 per cent full the previous week. The AGA reported on Wednesday US working gas in storage fell by 6 per cent
          126 words
    • Article
      COMMODITY PRICES
      1478 21 Rubber Mar 3 Slagiptra Ciwiilty lad—I (Mum daiiag as at SICOM (physical prtcas) Bayars SaMars RSS 1 Caatract (S cents/kg) *aatl2 aaaa (S ccnts/kg) lose Volume Open RSS 2 Apr 94 140.00 141.OON Month High Low Sell (tonnes) Interest KSS 3 Apr 94 139.00 140 OON KSS 4
      1,478 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1288 22 •2.6 The Australian share market drifted lower at the close yesterday, weighed down by a lack of buying interest and fluctuating futures. "The market started better and then drifted back. That basically set the tone for the day," said one broker. "You have got a level of hesitation about
        1,288 words
      • Article
        Manila
        654 22 -1.7 The Philippine stock market slid slightly downward yesterday to a new iow for 1994 with investors still hesitant to start buying despite what brokers called bargain share prices. The composite index at both the Manila and Makati stock exchanges dropped by 1.7 points or 0.063 per cent to
        654 words
      • Article
        Taipei
        569 22 +28.37 Taiwan stocks ended slightly firmer in thin, narrow trade as many players stayed on the sidelines, waiting for the market to establish clear support after its recent slide, brokers said. The weighted index moved in a 5,399-5,465 range before closing 28.37 points up at 5,457.74 in turnover of
        569 words
      • Article
        Seoul
        420 22 -4.5 Seoul stocks closed lower in moderate trading, blue chips leading a slump which sidelined investors, brokers said. The composite index closed 4.50 points lower at 902.16. Brokers said the market was featureless and the index would fall below the 900 level this week and go as low as
        420 words
      • Article
        New Zealand
        263 22 -9.61 New Zealand shares dropped slightly amid continuing concern about rising interest rates, brokers said. The New Zealand Top 40 Capital Index closed down 9.61 points at 2,218.05. Brierley Investments topped the most actives list with a 1ccnt gain to NZ$l.3B. Brierley Investments, New Zealand's fourth-largest company, yesterday
        263 words
      • Article
        Bombay
        78 22 -84.48 Stock prices slipped further in late evening kerb deals and brokers said market sentiment was very weak. In kerb deals, Reliance Industries was quoted at 375/77 against the closing 380 and Tata Iron Steel Co was at 222/23 against 225, brokers said. During the official trading session, prices
        78 words
    • WORLD STOCK MARKETS
      • Article
        London
        655 22 -14.9 UK shares eyed the US open with increasing trepidation and headed down towards the day's lows yesterday. Falls in the FTSE 100 index future also weighed on the cash market. "People are edgy ahead of Wall Street. Volume is light and there is little real selling going on."
        655 words
      • Article
        Paris
        119 22 +9.75 French shares finished higher, with support at 2.150 holding the CAC-40 index, but dealers said the market's recovery was fragile and purely technical. The CAC-40 index ended up 9.75 points, or 0.45 per cent, at 2.154.41. Volume was a restrained 4.33 billion francs. Paris Mar 2 Fr Air-Liguide
        119 words
      • Article
        Frankfurt
        207 22 17.57 Bourse prices closed the official session higher, but lost some of the morning's gains after the Bundesbank left the Lombard and discount rates unchanged and remained silent on the repo rate. The blue-chip DAX index closed at 2.037.90. up 17.57 points or 0.87 per cent on the day
        207 words
      • Article
        Brussels
        148 22 -0.41 Belgian stocks closed little changed, with investors unsure about the direction of interest rates, analysts said. The Bel-20 index of blue-chip stocks dropped 0.41 point to 1.479.49. The yield on the 10-year government bond dropped to 7.13 per cent from 7.22 per cent. Bank and insurance stocks were
        148 words
      • Article
        Milan
        178 22 +143 Italian stocks recovered most of Wednesday's losses amid hopes a surge in German money supply wouldn't rule out further interest rate cuts in Europe, traders said. The Italian stock market's blue-chip Vlibtel Index ended 1.4 per cent, or 143 points, higher at 10.340. It fell 1.6 per cent
        178 words
      • Article
        Zurich
        262 22 +34.9 Swiss stocks climbed yesterday. boosted by the recovery on bond markets, traders said. But banking stock ÜBS was lower. The Swiss Market Index of 22 blue-chip stocks, or SMI, closed 34.9 points higher at 2.803.40. with 21 stocks advancing and one falling. This was the first time in
        262 words
      • Article
        Johannesburg
        292 22 +46 Spurred on by a late burst of buying, industrial shares and Financials led by De Beers and Anglos closed well up. shrugging off the inhibiting effects of a stronger financial rand, dealers said. The gold index closed nine points down at 1,914. while the industrial index rose 46
        292 words
      • Article
        Toronto
        298 22 +7.7 Shell-shocked Toronto stocks edged higher yesterday after a delayed opening on bargain-hunting and ebbing fears of interest rate rises. The TSE 300 composite index rose 7.70 points to 4.369.91 in trade of 10.16 million shares valued at CSIOB million. Advancing stocks outpaced declines 182 to 136. with 206
        298 words
      • Article
        New York
        814 22 -10.13 The Dow Jones industrial average was down 10.13 points to 3.821.61 at 11 am EST yesterday. The New York Stock Exchange composite index was oft 0.41 to 257.06. while the S&P 500-stock index was down 0.93 to 463.88. Declines lopped advances 913-787 among the 2.420 issues crossing
        814 words
      • Article
        Untitled
        948 22 Britannia Funds Sterling Cask Bid Oder Mim Cap Deposit 38 6400 W 6500 Mim Jency Gilt 0 1891 0 1992 Mim Mm Income ***** I 0800 L SI Cash Income Plus Fund »I0 1500 ******0 PS$ Reserve Fund 5 2400 5 2500 Sterling Equity Euro Performance 0.4592 0.4938 Far East
        948 words
    • Article, Illustration
      Lock icon HONGKONG
      2915 23 Bloomberg Business News HONGKONG Stock prices fell on investor concern about instability on world equity and bond markets and the prospect of higher interest rates yesterday, traders and analysts said. However, the Hongkong government's decision to cut corporate and individual income taxes effective April I helped offset investor nervousness
      Bloomberg Business News; Source: Bridge Info  -  2,915 words
    • Article, Illustration
      CHINA
      494 23 THE Shanghai and Shenzhen markets continued their downtrends yesterday. The CLSA Shanghai B Index dipped a further 21.45 points to 865.09. Erfangji shed another 8.2 per cent to close at U550,540. Diesel Engine in contrast saw strong overseas buying and its price gained 6 per cent. It was an
      494 words
    • Article, Illustration
      Lock icon TOKYO
      2488 23 Reuter TOKYO Stocks recovered a bit ahead of the close after worries about the direction of overseas financial markets prompted small-lot sales in late afternoon yesterday. Investors were also worried by possible US sanctions and domestic political problems. "People are worried about the direction of overseas markets overnight and
      Reuter; Source: Bridge Info  -  2,488 words
    • Article, Illustration
      Lock icon BANGKOK
      1731 23 Reuter BANGKOK Thai stocks ended higher yesterday with the SET index gaining 1.26 points at 1.340.38 after late bargain-hunting pushed the index up from the day's low near 1.320. The index, which spent most of the day in the red. popped into positive territory in the last minute of
      Reuter; Source: Bridge Info  -  1,731 words
    • Article, Illustration
      Lock icon JAKARTA
      1139 23 Reuter JAKARTA Share prices extended its downturn trend to end lower at close in slow trade yesterday. brokers said. The official index was down 10.1 points to end at 530.37. Brokers said gainers were rare in present bearish condition. Among those were Modern Photo which rose 250 rupiah to
      Reuter; Source: Bridge Info  -  1,139 words
    • Article
      CLOB INTERNATIONAL
      2880 24 MOST ACTIVE voium> Mulpha Intl 50c 7.507,000 Kcnong Bhd 50c 6.999.000 Sn Hartamas 6.028.000 Idru Hyd 50c 5.893.000 AMDB 50c 5,830,000 FACB 50c 5.497.000 Promet 5.023.000 Kamunting 50c 4.261.000 MenangCorp 3.952.000 Faber Group 3.440.000 Lien Hoe TSR97 3.425.000 Landmarks Bhd 2,980.000 Innovest Bhd 2,886.000 MOST ACTIVE value Mulpha
      2,880 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Failure of local merchant bank hurts sentiment
        5596 24 Bloomberg Business News KUALA LUMPUR Malaysia's benchmark stock index fell 1.44 per cent yesterday as the failure of a small local merchant bank added to the anxieties of investors worried about rising US interest rates, analysts said. The Kuala Lumpur Stock Exchange's Composite
        Bloomberg Business News; Source: Bridge Info  -  5,596 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7777 25 MAIN BOARD Transaction date: Mar 3 <.r t.r 1993 94 l ast \ol l>a\ Last (Juolr l)i> IN> X Id Nrt XI jp Hitch l.u» < umpjn\ Sale I'llWII lliiih Low Butrr Seller ("ir P't *mil INDUSTRIAL AND COMMERCIAL 1440 :m) i \cmj n:ost nn*» 1120 1110 1120 1:5 m
        7,777 words
      • Article, Illustration
        Lock icon Prices fall broadly despite stronger US market close
        1887 26  -  By R Sivanithy SINGAPORE Share prices continued to slide yesterday as nervous investors sold despite a firming in US equity markets. The Straits Times Industrials Index rallied briefly at the start of trading, but soon succumbed to selling pressure. It ended the
        Charts by Bridge Info; Source: Bloomberg  -  1,887 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      409 17 NEWS VALUE How today's news might affect your stocks Number of IPOs in first half set to match whole of 1993's (pg I) Could be read in two ways. One is that underlying confidence in market still strong. The other is that when they come in a flood, the market
      409 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      214 19 The Herion Group is pleased to announce the appointment of Cyclect Company Pte Ltd as their Regional Distributor in Malaysia, Indonesia, the Philippines, Brunei, Myanmar, Kampuchea, Vietnam and Singapore for the Herion Group products. i HEmON HERION GROUP I HERION WERKE KG. BUSCHJOST Gmbh Co. HERION-LEIBFRIED Gmbh Herion Valves and
      214 words
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      282 20 SOME OF THE BEST BUSINESS MINDS IN THE WORLD HAVE ATTENDED MONEY YOU. HAVE YOU? Money ft You is a powerful and highly experiential 3'/? day personal development seminar presented by the Excellerated Learning Institute (ELI), USA. ELl's life-changing business educational programs also include: Creating Wealth, Powerful Presentations, the Excellerated
      282 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      384 21 BUSINESS TIMES TOLL—FREE TEL. No. 1-000-741-1883 FAX 741-1298 IN THE MATTER OF TME COMPANIES ACT. CHAPTER 90 AND IN THE MATTER OF E MSI NO TRADING PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companies Act. Chapter SO. that the
      384 words
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      Page 21 Advertisements Column 2
      314 21 IN THE MATTER OF THE COMPANIES ACT, CAP. 30 AND IN THE MATTER OF PTE LTD (laVotaatvy Lkpidatios) MEMBERS'VOLUNTARY WINDING UP AHeEilisrmMswy Oisrisl Hirajagof paay daly eoaveaed ea Iks Ist day of Mack 1994 al 1000 sjl the Special Btselelicas sal eel Mow woe My SPECIAL RESOLUTIONS: Reaotved:(1) LIQUIDATION OF
      314 words
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      Page 21 Advertisements Column 3
      28 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's ciosing figures are carried instead. I Find the right distributor for your product
      28 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      34 22 r«#i 7 i wl M 3 rJ t A t av Jf ROY EASTERN WATCH, LUCKY PLAZA, #01-74. #01-86/87/88 ORCHARD ROAD TEL 734 3139 DELUXE EASTERN WATCH, CENTREPOINT, #01-18/20 ORCHARD ROAD TEL 235 2536.
      34 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      53 24 SINGAPORE Business Times WE KNOW ASIA Address: Mail or fax this form to: Postal Code: IllßlfJfellS Customer Relations Section Circulation Department Singapore Press Holdings Limited 82 Genting Lane Occupation Fax fjlf jjjlf Illj.§E?ffEßg m News Centre Singapore 1334 £3gjgaß? SgjHi m Tel: 1800-749 2577 Fax 744 4875 Tel: (O) (H)
      53 words
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      Page 24 Advertisements Column 2
      4 24 Monday in Business Times
      4 words
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      56 25 f-' r 'X&&1% ■>■ r r:r r/ l: 7 't j: ,1 x i REVERSO. AVANTT-GARDE SINCE 1931 m m jjslj It's the S" 1 II "H .f) Busiest Marketplace in hint S"4 3L, I > %f. fc*- p The Classified ■i& L s> 4 mm m m mmm a>-ts
      56 words
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      629 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DOWTEX TRADING PTE LTD (Incorporated in the Republic of Singapore) At an Extraordinary General Meeting of the members of DOWTEX TRADING PTE LTD duly convened and held at 3 Jalan Kumng. Chip Bee Garden. Singapore 1027
      629 words
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      Page 26 Advertisements Column 2
      179 26 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 v. -i ,r PRIMITIVE FURNITURE FROM THE ISLAND OF SULAWESI, MADURA JAVA WITHOUT RESERVE ALL MUST BE SOLD The largest collection of primitive art consisting: 211 items of selected Armoire (Cupboards), Carved Panels, Raffles Settees, Benches. Teak Chests, Dressers, Mirror Frames, Stone and
      179 words
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      Page 26 Advertisements Column 3
      183 26 SINCERE DISPENSARY PTE LTD (Incorporated x Singapore) (Members' Voluntary Winding Up) NOTICE OF FINAL GENERAL MEETING Nonce is hereby given pursuant to Section 306 of the Computes Act, (Cap. 50) thai (be Final General Meeting of (be Members of the abovenamed Company will be held at 5001 Beach Road <07-23/
      183 words
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      Page 26 Advertisements Column 4
      323 26 /■OOn Golden Hope Plantations Berhad I (Incorporated in Malaysia) Golden Hope DIVIDEND ANNOUNCEMENT NOTICE IS HEREBY GIVEN that an Interim Dividend of 5 sen per share (less 32% tax) has been declared by the Directors of Golden Hope Plantations Berhad, payable on Monday, 25th April, 1994, in respect of the
      323 words
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      Page 26 Advertisements Column 5
      179 26 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER Of WOOD LINE (S) PTE LTD (In Creditor*' Voluntary Liquidation) Notice of Appointment and Situation of Office of Liquidators. Name of Company Wood Line (S) Pte Ltd Company No *****1303N We. Ewe Pang Kooi and Loke Poh
      179 words
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  • Shipping Times
    • Article
      Lock icon Cruise industry expected to continue growing: executives
      475 27 Reuter MIAMI BEACH The explosive growth of the cruise industry shows little sign of a slowdown, with ships developing an array of new destinations, vessels and amenities to build market share, industry executives said. Last year, more than 4.5 million passengers sailed on
      Reuter  -  475 words
    • Article, Illustration
      Lock icon Greenpeace urges Manila customs to bar Aussie scrap shipment
      179 27 Reuter MANILA Greenpeace environmentalists urged Philippine customs officials on Wednesday to refuse entry to what it called hazardous computer waste and send it back to Australia. Greenpeace activists aboard rubber boats intercepted th£ Russian container vessel Gamzat Tsadasa as it entered
      Reuter  -  179 words
    • Article
      Lock icon Cunard to spend US$45m to refurbish QE-2
      167 27 Reuter MIAMI BEACH The chief executive officer of Cunard, a unit of Britain's Trafalgar House Ltd, said it would spend US$45 million to refurbish the cruise line's flagship vessel. Queen Elizabeth 2. "We're recreating the sentimental, nostalgic lifestyle of the ship. We know
      Reuter  -  167 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1114 27 Page Col ABC Containerline 12 5 Accord Group 8 1-3 Africa Container 16 4 Ahrenkiel Liner 4 1/2 AOEShpg 15 4/5 ANL 3 1/2 APL 5 3-5 Appenship 8 4/5 Arabian Express 15 3 ASCL 5 5 Avant Shpg 6 4/5 Bait Orient
      1,114 words
    • Article
      Lock icon Striking Sydney stevedores return to work
      217 27 Reuter SYDNEY About 490 striking stevedores returned to work in Sydney on Wednesday, ending a three-week walkout that had tied up millions of dollars worth of cargo. The dispute, which began on Feb 10. was settled after intervention by a government arbitrator who ordered
      Reuter  -  217 words
    • Article
      Lock icon US seizes tanker in possible Libya trade violation
      395 27 Reuter NEW YORK An oil tanker earning residual fuel for power generation was seized last weekend by US officials in Boston after they said the fuel may have Libyan connections, officials said on Wednesday. The fuel that arrived in Boston from Europe
      Reuter  -  395 words
    • Article
      Lock icon Philippines' Negros Navigation to offer 700m pesos worth of shares
      158 27 Reuter MANILA Negros Navigation Co Inc of the Philippines said it plans to raise up to 700 million pesos (5539.8 million) through a public offering of up to 1.2 million unclassified shares. The company said in a statement filed with
      Reuter  -  158 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        656 28 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jliroflg Port Union US P01 alwigjcV OJ 03 lbOO Altar Ace 6 15 .ilongside 04 03 0600 April Gl utt 94 P04 04 03 !800 OS 03 1800 Aiktis Island 9403 17 alongside 0403 1200
        656 words
      • Article
        CONTAINER SCHEDULES
        2385 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Ac. lade 1788 05 1100 26 03 1/00 04 0659 04 0900 4 04 1700 04 I4SS 04 1/00 At. Rov
        2,385 words
    • Article
      THE SHIPPING GUIDE
      14244 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
      14,244 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      596 43 This report is based m samples as analysed by DNV Petroleum Services and is m abstract from their more detailed fed quality statistics wliidi is mailed to participating shipowners. Key bunker ports have been grouped in geographical regions tar brevity. Comparison has been made with the
      596 words
    • Article
      DAILY FREIGHTS
      1122 43 THE Baltic freight Index for spot dr> cargo shipping rates remained unchanged at 1.1 15 on Wednesday I he number of grain cargoes lor Panamax tonnage in the US Gull continued to shrink with few new cargoes emerging and rates remaining weak, brokers said. Continental Grain was said
      1,122 words
    • Article, Illustration
      Lock icon Will the rally never come?
      994 44 After an exceptional 1993, dry bulk rates are not expected to improve this year International Transport Journal THIS IS the time of year when ship brokers are normally waiting for the rally in freight rates which comes with the flurry of fixing for cargoes to
      International Transport Journal  -  994 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Haeco adapts to hard times in aircraft maintenance sector
        406 46  -  By Hormuz Mama SINGAPORE At a time when the world aircraft maintenance industry is facing gross over-capacity, some companies are adapting better than others. Among the liveliest is Hongkong Aircraft Engineering Company Ltd (Haeco). Commercial manager Alan Hurran told BT: "One
        406 words
      • Article
        Lock icon PAL executive suite undergoes reshuffle
        354 46 AFP MANILA Philippine Airlines (PAL) has undergone an executive shake-up barely a year after a power struggle among its new owners, but the flag carrier faces further turbulence in a cut-throat industry. PAL named a new president and chief operating officer, Jose Antonio Garcia, on
        AFP  -  354 words
      • Article
        Lock icon Corporate jet business seen booming in Asia
        421 46 AFP SINGAPORE Asia-Pacific's booming economies and rising affluence are generating new demand for executive jets and helicopters for corporate, travel and other uses, according to aviation industry officials. Top executives of Leaijet, the US manufacturer of shortto medium-range aircraft, said the company sold
        AFP  -  421 words
      • LOG BOOK
        • Article
          Lock icon RR engines for Transbrasil's B-777s
          99 46 Bloomberg Business News LONDON British jet engine-maker Rolls Royce pie said on Tuesday that Brazilian carrier Transbrasil has chosen its Trent 800 engines to power three Boeing 777s it has on order. A letter of intent has been signed, the company said, but a final
          Bloomberg Business News  -  99 words
        • Article, Illustration
          Israel orders US$2b worth of F-15 jets
          56 46 ST LOUIS The chairman of Israel's Committee on Defence and Foreign Affairs. Major General (Retired) Ori Orr. toured McDonnell Douglas' production line in St Louis on Wednesday. He is seen here (left) in the cockpit of an F-15 fighter. Israel recently ordered some
          56 words
        • Article
          Lock icon Air bags prevent serious injuries: study
          71 46 Reuter BLOOMINGTON. Illinois Drivers involved in accidents in which air bags are deployed are 35 per cent less likely to suffer moderate to severe injuries than drivers using only seat belts, according to a new study. The State Farm Insurance Co said a study
          Reuter  -  71 words
        • Article
          Lock icon US carriers' air cargo up 2.5pc
          75 46 Reuter WASHINGTON Fuelled by growth in international flights. January air cargo traffic by US carriers rose 2.5 per cent compared to the same month in 1993, the Air Transport Association said. The ATA said severe winter weather took its toll on domestic cargo operations
          Reuter  -  75 words
      • Article, Illustration
        Lock icon Europe's first high-speed maglev train gets off the ground
        395 46 FT BONN Sixty years and two billion marks after it was first conceived, Europe's first high-speed, magnetic-levitation train was cleared on Wednesday for take-off. The German cabinet gave final approval to build the passenger train, known as the Transrapid, casting aside
        FT; Reuter  -  395 words
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        Lock icon MHS buys stake in WorldCorp copter unit
        109 46 Bloomberg Business News HERNDON, Virginia WorldCorp Inc, a specialty air transport company, said it sold a 24.9 per cent stake in its World Airways subsidiary to Malaysian Helicopter Services Bhd for U5527.4 million (5543.5 million) in cash. WorldCorp said the sale will help
        Bloomberg Business News  -  109 words
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1707 46 ag pm n» mat a& nm ra am to. Afca MaM GA970 2240 LH772 1615 1X773 2359 £**8 2355 SQ989 1725 SQ990 0130 uw_o SRI 83 2140 lUlllHl QF81 1930 QF82 2050 SQ227 2230 fmg>M CA977 1730 Until ll—l KL843 0745 KL838 2335 VN741 1310 VN740
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        Lock icon China reiterates pledge to improve air safety
        286 46 AFP BEIJING China has once again pledged to improve its dismal air safety record, revealing that more than 120 people were punished last year for their role in numerous accidents, the China Daily said on Wednesday. "Serious flying accidents and air piracy must
        AFP  -  286 words
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      35 27 THE SPECIALIST IN WIRE ROPE S LINGSA LASHING A V TESTING MATERIALS ft "££l LIFTING \IL GEARS MINTERMARINE SUPPLY CO. (PTE) ITD N0.7, Bukit Batok Street 22, Singapore 2365. Tel: 563 3468 Fax: 563 6811
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      22 27 Lieee and services raprnHM by Mirtiri of the Registry ef Accredited SSttwESSt ik>9mn Wsmi For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      191 27 the /g FAMOUS Ciu&opc ■BESDnai 224 1833 For more information pletiie refer to P(. 15 Will the rally never come? PglB Haeco adapts to hard times in aircraft maintenance sector, Back Pg -."'it 1 Recently We Introduced A New Innovation In Shipping. Water. The Innovation: All-Water route from Southeast Asia
      191 words
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      457 28 TSKUNE AGENCIES (S) PTE- LTD. r I 1 |mrp Tel: 226-3363 J. 3«JX« JLLWIIr 226-1972/3 Tj||/| f*7 w 11 Tu pg *****/TSKSIN TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I 1 EXPORTS TO HONGKONG. MAWLA. TAIWAN JAPAN "TWICE WEEKLY" i amem w m wi jw| an I mwe mo m
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      1748 28 DWtCT TO U>A Wt»T CO*«T (SC»-«K>«i CAUOWm IIgHWI TO IAIT ITOBMIBW (W»i. COWTAWCT «MWC«I mna BEL. srow n on w» so |mi muston cwc ht wjbco nan w« stow oamttti pawn* bimh*| uimwl im* pt sab* hp unmr wm lm CKIfORMA !UPIT[R 71 910 3 26 3 28 3 30
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      2366 29 H 00CL (8) PTE LTD JARDINE SHIPPING AGENCIES fSHHSfISBPS.^ TEL* *****13 FAX* *****42 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) PENANG T |L- *****4 FAX. *****1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****82 cf3 ,n Du c, CFS (PSA F5) TEL: *****21/ *****79 m «fit
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      2065 29 ■QBHsaana 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 Vmw Voy ETA ETO FmOtm by destinations TM* M* MAYVIEW MAERSK V94CM CFS 07/03 235# MRS JOM
      2,065 words
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      1541 30 AQABA R'DAM/I li ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE MALAYSIA STUTTGART EXPRESS 02/308 S/3 14/3 20/3 23/3 27/3 28/3 30/3 Pof Ketang. Penanq KAGA 34/109 9/3 26/3 29/3 27/3 Pasir Gudanq DRESDEN EXPRESS 15/309 12/3 21/3 28/3 30/3 2/4
      1,541 words
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      574 30 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for aK services I C Wl Ajltu ftJjKAAAIH T*A|KLAH| viitQi* voiiocnny, vimivosiok, pwoscow, i nnKMi, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea a Vietnam a Mongolia a Hungary FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL
      574 words
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      1306 30 I NORASIAI NORASIA SUSAN 9408-3 84/03 23/03 28/03 07/03 28/83 29/03 30/03 31/03 01/04 03/04 I NORASIA SOMA 9409 3 09/03 30/03 02/04 83/04 04/04 05/04 08/04 07/04 BS/04 10/04 I NORASIA SHARIAH 9410-3 18/83 08/04 09/04 10/04 U/04 12/04 13/04 14/04 15/04 17/04 I NORASIA MUBARAK 9411-3 23/03 13/04
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      1674 31 STRAITS SHIPPING PTE LTD I ■Bf JBW 1* Hoe Chiang Road #11-01 Koppol Towers I Singapofo 020f Tol; ***** M Fax: 225+117 •carts CM6O DUE SMLS jmaaiaSMlgl^ lnai *«3f KK. Skjn, In *2 03 Mm tan 05 Mir FCL, LCL CONTAMCn AND BREAK MILK SERVICE TO MMM NEW BURMA RAJAH
      1,674 words
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      2800 31 I J, SINGAPORE AGENT: 1-ljvil I Afli'O "i P&O Containers (Singapore Agencies) Pte Ltd I 9 1° Hoe Chiang Road #07-01 Ksppel Towers. Singapore 0208 I Wr Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 I CR Number **********0Z I r r r~ L:' .IfST?*! VEtSCL VO*
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      8 31 HO CHI MINH TEL: *****26 FAX: *****27 LENNON
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      31 31 vessel rr* Fro dcstwation SOMO TCN 2 N/W WH HOCWMNH NNUT TAO mt wn IKUWIOWO SUBJECT TO IHOOCgMCWn VIETHONG SHIPPING PTE LTD TEL: 228 ISII FAX: 225 0933 TLX: R*****1 VI6THK
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      589 32 EKA jaya agencies W TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE pPAHMAH TWftPt EMM IH/MPftWMfrPfKCT 3MIMM W« *****2* *****06/ S3SM32 mm HQ CHI MMI CITY hchwt HOE ?iww mwmiiw KELVIN CHAW 21XW2S amifflMß TO MYANMAR/YANGON BEMI CONTAINER SERVICE M OCEANLINES va/WT STOK IBM 31/3 4/4 11/4 YANGON
      589 words
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      Page 32 Advertisements Column 2
      1941 32 0 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FOR Wl SM |LINE HAUL SEA T*R POX FOB »St SM IIME HAUL SA* AM NYC HANJN MASAN 083E 43 H LONGKACH 0471 24/3 25/3 26/3 HANJM MASAN 013E 13 H SAVAIMAH 042E 7/4 1/4
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      1463 32 Im scr wc us pus m oa w no in w mc im mm km nr ik no a* m scr I l CUMITMMS 1/1 13 14/3 lt l 11/3 21/3 22 3 24/3 25/3 27/3 2i 3 7/« 214 22 4 23/4 3/5 4/5 5/5 C/ 5 7/5 17/5
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      2687 33 I II sex: 'CALIFORNIA JUPITER 7*' eta sgp 09/03/94 II H II ARRIVING LOS ANGELES 26/03/94 IN 16 DAYS HI II l| AEX: 'CALIFORNIA ZEUS 54E' ETA SGPO9/03/94 II H Ml ARRIVING NEW YORK 02/04/94 IN 23 DAYS HI EXPORT TO: PSW/PHW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US QULF
      2,687 words
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      Page 33 Advertisements Column 2
      1024 33 A I MULTILINE SHIPPING PTE LTD W (a member of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51. *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 a BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL:
      1,024 words
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      59 33 r./Ar£ji TM-XMZ A#/r»Z7Z.f-JSX .S T /'*c»/ r p i.sroA'--t *****33 7——IRAN ETA SIN *JT X ETA DUBAI 11 /ao F GYri vV. sAuoroh^—? 11/03 r 20/03 18/03 27/03 25/03 03/04 Quality Service first. Always. mStk DUBAI, DAMMAM. KUWAIT, BAHRAIN, DOHA, Win "W' RIYADH. SHARJAH. ABU DHABI, MINA QABOOS. W BANDAR
      59 words
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      1726 34 44 w AS AGENTS "K" LME (SINGAPORE) PIE LID |C* N* **********0*) TEL: *****77 TELEX: KAWAKI R*****5 FAX *****16/7/8/9 I MALAYSIA "K" LINE NAMTNI (MALAYSIA) SON MO U TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SAIANA LAIITINTBINUSA. TEL: JKT *****08 stmrn* m&tock-fikcme wamuman
      1,726 words
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      1210 34 ®APPENSHIP /9\ HAMBURG 17»/ CONVENTIONAL INDEPENDENT LINER SERVICE V EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOMNN6 PORTS DISCHARGE/LOMMK FOR UNISON HAM 31/01 ANT 05/02 SPORE 11/03 BKK. LAEM INZHENER PARKHOMYUK KLP 09/02 TON 21/02 TRT 02/03 SPORE 02/04. HUANGPU/XINGANG MONEBTV SZE 16/02 HAM 22/02 SPORE 22/03. LAEM,
      1,210 words
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      1008 35 (BSSHI PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil street #03-00 PIL Building. Singapore 0106. I CR NO **********0E VESSEL VOY SIN BKK SIN VESSEL VOV SIN JUT SIN itoiV«AIIA« MtiMi a/* o/l M/ 3 BUNGA TERATAI 4003 0/3 11/3 15/3 KOTA SABAS SBION 1/3 9/3 13/3 EQUATOR RUBY 35N
      1,008 words
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      1346 35 jwtgis ww HMBWt noTTmom Antwerp thames n hmk HU O'AQULA 7532W 10/03 07/0* 0* 04 05/04 0* 0* 91/0* MILE DXTDM 9232* 10/03 01/04 10/04 1 H/04 12/0* 13/04__ wile oc im mm 20/03 u/o* ?Q/04 21/04 21/ia WILE DC WGA M32W __n/03__ 22/04 24/04 I 25/04 20/04 21/04 •(USO
      1,346 words
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      Page 35 Advertisements Column 3
      402 35 Mat MYANMA wBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf PAGAN *207 ft 10/13 Mar Mar HP* UN V2ooft 15/17 Mar PAGAN V7olft 29/31 Mar MALAYSIA AGENTS BOUSTEAD SMPPtNG AGENCES KUL m 03 *****00 PHI: TEL 03-30(7(7 POI: m 04 (1(135 PGD TU
      402 words
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      1123 38 ^&-%(^}>&]+<[&{`~*]`>,~<?_!/;{~ [to SHINYEI SHIPPING (S) PTE LTD rHii 16 Anton Road #15-61/62 International Plaza Singapore 6267 CR NO: **********0N HOT LINE: *****38 (8 LINES) I JAPAN- FAB SsTWß^^ HOMOKONO/CHINA 6/3/84 I KOBE/YOKOHAMA 6/3/84 BAIMKOK 6/3/84 TOKYO/NAOOYA 6/8/84 MIBAN 6/3/84 OSAKA 6/3/84 POUT KELAM6 6/8/84 FOR BOOKINGS, PLEASE CONTACT PENANS 6/8/84
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      176 38 TO AUSTRALIA/NEW ZEALAND l~Si S. l,w |M S* O"*" C MIHXM 174 i/1 13/3 H/l 22/3 27/3 30/3 mnmrcN 325 i7*~ u/4 ?i/« M/< lUIN HUNG 32* W*~ l»/4 24/4 27/4 2/5 >/> —iiwi i>7 5/5 12/5 l«/ 5 21/5 2»/S <M MjCKIMD TO USA/CANADA *5 S« GuHpvt OmMmT fMaMpMu'
      176 words
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      669 39 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBUtG/SCAN 6/3 ROTTERDAM 6/3 AARKUS/COPENHAGEN 673 HAMBURG/BREMEN 6/3 MARSEILLE/FRANCE 6/3 FaiXSTOWE/UK 7/3 BARCaONA/SPAIN 7/3 LEHAVRE/FRANCE 7/3 GENOA/ITALY 6/3 ANTWERP/BELGIUM 7/3 LOS ANGELES/WC/PI 6/3 SYDNEY/MELBOURNE 6/3 NEW YORK/EC 673 FREMANTLE/ADELAIDE 5/3 VANCOUVER 7/3
      669 words
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      1056 39 I'^^' I 1 pUHHBj^^^HBpHBBH VESSEL VOY_ *1 |VESSEL VOV SIN ffjj Wm 1 BMW !2-?L —X*** ff THAN A BHUM 25N Fri In PI Sun «/3 «IVESSEL VOY SN BKK k BHATWA BHUM 19S fat 5/3_ _Wad_ _9/3_ AKA BHUM IM* VIRA BHUM lON Fn In Pt Mon 7/3 WAMA
      1,056 words
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      269 39 Guaranteed Sailings to: BANGKOK LAEM CHABANG JAKARTA PORT KELANG •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports.- USA, EUROPE, CHINA AND ALL DESTINATIONS S3 RICHFIELD MARINE AGENCIES (S) PTE LTD [V TEL: *****33 (12 Lines) }SL FAX: *****15/*****03 nj TELEX: RS ***** RISHIP (3 Lineo)
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      Page 39 Advertisements Column 4
      436 39 pi DONGNAMA LINE CONTAMERtSED SERVICE BTRAITS/BLW/INC/BSN VESSEL SPG PNG RN PK BSN MC TU.SDAS MO3N 10 3 12/1 14/3 25/3 27/3 saromc trader mm n/i n/3 20, 3 22/3 i/« 3/4 HONGKONG GLORY ¥403* 24/3 2«/3 21/3 8/4 11/4 HKLM V4O3N 31/3 2/4 3/4 4/4 15/4 17/4 ROUMP THE AHA
      436 words
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      1754 40 MtflBMN CONTAINER LINEB. IMC I sksA-VHAIWI* WAC-ngL» SPOKE mm m UNUP (Panama vJ\/ 1 «BUM6I>81B17» KUCMMQ (062) *****3 PENANGfc (04)*****6 BANGKOK (HO) *****67 MAMLA (632) *****61 P.KELANQC (68) *****77 JAKARTA: fel) *****07 SURABAYA: (31) *****6 HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 8/3 9/3 10/3 Hong Kong
      1,754 words
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      195 40 SEAWARD SHIPPING AND I TRADING GO (S) PTE LTD eti ua eta STOW mi KELWK PENMC RUI MOf 9 3 ki Pt iMd'Tf tor Maif iftinftot) ItUVIU HUDHU 70/3 Oscturjun and I adding tor Bombay oanw 70/3 loxhn( for M»t nowi sum* i«/ 3 loadani for Mat —BN 8/3 lo*)inf
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      1039 40 f O THONG SOON LINES PTE LTD 1 I 78 SHENTON WAY #10-01, SHGAPORE 0207 I I TEL: 227-50 M FAX: 227-6011 I I TLX: RS ***** CARR€R, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOY S'POtE PEST VESSEL MY ISPBtE ItST EQUATOR JADE 105/4E 08 MAR
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      648 41 WcV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/IAPAN SERVICE ACCEPT* MEAKBUU/SOC CARGOES TO/FROM UK. YOKOHAMA. NAGOVA, MOJ. TOKYO*. MANIA*. DAVAO*. Penani* P. Kelang Smfapore E'Msia* SHAPLAEVERETT VI9E K/07 Mar IVYEVERETT WE 02/03 Apr KARABCVERETT VISE 10/11 Apr 12/13 Apr ACCEPTING MEAMUM/FCI/SX: CARGOES TO/FROM CMTTAGONG, CALCUTTA ANO MONGLA*. Singapore P. Kelanf* Penanf* Paw
      648 words
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      234 41 BE GLORY NAVIGATION GROOP 4K.it REGULAR LINER SERVICE TAIWAN TO SINGAPORE ft ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0 M SP PKL PNG KAO GLORY SELATAN VII 24/3 1/4 7/4 16/4 GLORY SELATAN V 9/3 12/3 15/3 SP PKL HCM HK KAO GLORY SELATAN IX
      234 words
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      528 41 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE izzr sw"" KM»CW MAURA* MSHW 10/03 20/03 HYPERABAO I27HW H/03 23/03 MMam 141 HW 2/04 11/04 KAPTAI 6/04 U/04 FAR EAST CONTAINER SERVICE ONLY VESSEL VOT SW W6 BSW "oSA*" NA6 Ton MMMW M 6 0W 06/04 10/04 14/04 lt/04
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      656 41 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS SHUN HC/10l 11/03 25/03 26/04 28/03 OS/04 TAO HE/82 28/ OS 10/04 11 /OA 13/04 20/04 iIAN HE/82 11/04 2S/04 26/04 28/04 OS/OS HUI HE/104 26/04 10/ OS tl/OS 13/05 20/05 ACCEPTS CARGO TO
      656 words
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      Page 41 Advertisements Column 5
      301 41 Si FAR EAST 08/03 KEELUNG/KAOHSIUNG 11/03 BANGKOK 06/03 MANILA/CEBU 06/03 JAKARTA/BELAWAN/SURABAYA 07/03 PORT KELANG/PENANG/E. MALAYSIA 06/03 BUSAN 06/03 TOKYO/YOKO/KOBE/NGO/OSA 06/03 HONG KONG S|N CHINA 06/03 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S|N EUROPE/UK 08/03 LDN/FLX/LVP/SOU 08/03 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech SjN MSA/CANADA 06/03 LOS ANGELES/NEW
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      860 42 Handling System Co. Pte. Ltd. 136 ft 138, Neil Road, #03-00, Singapore 0208 TT7 VT7 CFS-20, Gul Road, Singapore 2202 Tel: 02-*****28 Handling System Co. Sdn. Bhd. N0.9 Lorong Cungah, ***** Port Klang, Selangor. Malaysia 24th Floor, UMBC Main Building, ***** Kuala Lumpur, Malaysia Handling System (HK) Co. Ltd. Wing
      860 words
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      450 42 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 07 MARCH (Accepting to ail (tow Z—land ports) PENANG 11 MAR JAKARTA 06 MAR PORT KLANG 04 MAR HON6KOHG 08 MAR r MELtOURNE MAR SYDNEY »MAR FREMANTLE 04 MAR ttwttflftf v mar ADELABE 04 MAR IGOTNENRURR 05 MAR 'ACCEPTBB TO ALL SCANDINAVIA
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      Page 42 Advertisements Column 3
      597 42 I Next Week's Sailings Singapore I FIRST FORWARDER IN Io: KID To: ETD asia awarded Singapore Singapore ,so 9002 BY ,R Q A EVERY EVERY Bangkok SUN Jakarta SUN EVERY EVERY Manila SUN Ho Chi Minh FRI fDI EVERY EVERY Colombo TUE Limassol THUR I l| MTERMATKMM. SEA FREIGHT FORffNOMG
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      16 42 PORT SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday BusmessEmes
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      1315 43 j _||Ja__ CRYSTAL FREIGHT SERVICES PTE LTD fl TEL NO: *****88/*****88 FAXi *****88 ASIAN PUTS ICT ZEAUUB/APSTIAUA EWWPt PAwrKnif o/o AUCKLAND 7/3 ANTWERP 7/3 ru<4AN ADELAIDE 17/3 FELIXSTOWE 9/3 HONRKnur, 9/3 BRISBANE 17/3 HAMBURG 7/3 iakabta FREMANTLE 11/3 ROTTERDAM 7/3 SURABAYA 8/3 MELBOURNE 11/3 KEELUNG 9/3 SYDNEY 11/3 KAOHSIUNG 11/3
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      189 43 CEYLON SHIPPING CORPN National Line of Sri Lanka CONTAINERISED SERVICE TO t'K AND NORTH CONTINENTAL PORTS *l«Tc»^srHs^sonsreHjH»| wuioimmm nm W/M 11/U 01/N M/M M/H W/M KM «uta* mu xw3 w/u u/m WMwawaiw MIH H/M »/M WMM —MM Mil l »/U Z7/W wut omau> u/u mm h/m ti/x »/n h/m MUt
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      Page 43 Advertisements Column 3
      271 43 £C ONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.26 POUTS VOV MONTCVtOCOI BUENOS DURBAN JAKARTA SWMAPORE HON6 KONBI KABOBIHA YOKOHAMA] VESSELS AWES PrrWOOVORTTS EBQ4 SAAXP SAWEO SAAEP T/S Spare SMLEP SAWED SAAEP IS 18/02 OCKABRtST EBO7 SAWXP o*lB/02 23/02 12 20/03 2S/03 28/034)2/04 04/04 N. KRUPSKAYA EBOB 24/02 28/024)8/03 18/03 05-07/04
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      482 44 NORTH PWUWNira HILL CONTAINER SERVICE VESSa VOYAGE SINGAPORE MANILA PENANG JAYA 836 04/03 (FRI) 12/03 (SAT) PENANG JAYA 9401N 07/03 (MON) 12/03 (SAT) LOADING EVERY VIGOUR PACIFIC 941 IN 11/03 (FRI) 19/03 (SAT) FRIMY ANO MOMO Y VIGOUR PACIFIC 941 lAN 14/03 (MON) 19/03 (SAT) SOUTH PHILIPPINES PULL CONTAINER SERVICE
      482 words
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      333 44 /:,<!+/"<@!?*]-:@\%}/$.|%$+\--/ PT BAHARI HALUAN SAMUDERA Weekly COMMON FEEDER SERVICE VESSEL WT SINGAPORE POUT KB. MB BEIAWAH TAMBANG VIM 1014 0708/03 09-10/03 11-12/03 TAM6ANG VIII 1015 14 15/03 16 17/03 18 19/03 INDONESIAN WAYPORT 1) JAKARTA BELAWAN-JAKARTA 2) JAKARTA-PANJANG JAKARTA SEMARANG SIMABAVA SEMARMIG JAKARTA rill conTJun ssmci VESSEL VOY SIN JKT
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      Page 44 Advertisements Column 3
      216 44 I cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/02 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/03 20/03 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCH EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
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  • Page 44 Miscellaneous
    • Miscellaneous
      Page 44 Miscellaneous Column 1
      691 44 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 16 2.3 21 2.9 2.9 2.5 2.0 14 09 06 05 05 0.1 1.3 1.1 2.2 2.3 2.3 2.0 1.6
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  • Page 45 Advertisements
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      Page 45 Advertisements Column 1
      897 45 f HYUNDAI I MERCHANTMARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 VESSELS VOY I PWH I Ptt PfiD I VESSELS VOY SW HTM MIT* LEW HAM Httj FH~| MY MALACCA 003S 02/03 04/03 HV COMMANO 30SW 07/03 25/03 26/03 28/03 27/03 27/03 29/03 DRAGON BALI 049N 05/03 HV MALACCA 004$
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      Page 45 Advertisements Column 2
      471 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO A HEAVY LIFTS INBOUNO VESSELS ItSKI NT V n IK U ■MOM 137 l/l 7/1 18/3 BALM MM VII 1/3 7/) NUB SIT ll« IS/3 Tim «i rr MINI MM Ml l/I 11/J SCIIMMTI IN 11/3 13/3 OUTBOUND VESSELS LOJHHHC FOR SEN/WAG SEKI
      471 words
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      Page 45 Advertisements Column 3
      937 45 JEDDAH/UK/CONTNENT ISPOM ED S'TCM H'BUtG ADAM LEH •Nu Acccptnf Cvp fm STUTTGART EXPRESS 07/301 9/3 14/3 23/3 29/3 29/3 39/3 It MUK dnlnatMi. Bdtat and DuMn KAGA 34/109 9/3 29/3 29/3 31/3 Rotttrdan to rf M»trp Nmttrtan. o*. HcWi DRESOEN EXPRESS 15/ 309 12/3 21/3 30/3 2/4 4/4 9/4 SauftMptai
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  • Page 46 Advertisements
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      Page 46 Advertisements Column 1
      40 46 IP%CWsTtViM\Mi *1 Tomorrow in Business Times FAB EASTERN FREIGHT CONFERENCE PORT CONGESTION SURCHARGE Lattakia Current congestion surcharge of 10 percent will be increased to 15 percent with effect from 18 March, 1994. H. Wvma Conference Representative Singapore, 4 March, 1994
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      Page 46 Advertisements Column 2
      7 46 rnmmrni f"* WNVESTMENT Tomorrow in Business Times
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