The Business Times, 10 March 1992

Total Pages: 50
1 50 The Business Times
  • 16 1 BUSINESS TIMES THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Tuesday, March 10, 1992 75*
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  • NEWS SUMMARY
    • 67 1 NEW DELHI India's minority government survived a crucial test of strength in parliament yesterday over its radical overhaul of the state-domi-nated economy. Prime Minister Narasimha Rao had a majority of 52 when the fragmented opposition united for the first time to vote against
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    • 77 1 BONN Germany's trade surplus fell dramatically and its balance of payments deficit increased sharply in January, the official statistics agency announced yesterday amid warnings over the downturn of the economy. The agency said that the trade surplus crashed to only 50 million marks (5549.7 million)
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  • MARKETS SUMMARY
    • 28 1 Wall Street stocks opened lower yesterday, with the Dow Jones index of leading industrials dropping 4.03 points in the first five minutes of trading to 3,217.57.
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    • 30 1 LONDON SHARES were higher at midday yesterday on strong gains in some blue-chip stocks. At noon (1200 GMT), the FTSE 100 index was up 8.2 points at 2,541.3.
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    • Article, Illustration
      29 1 Monday Change BT-MGA 690.32 -6.21 Kuala Lumpur ....584.01 -6.93 Tokyo 20,797.68 -195.31 Hongkong 4,848.63 -60.27 Sydney 1,598.21 -6.5 Friday Change New York 3,221.60 -19.90 London 1,968.6 -2.0
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    • 24 1 Exchange rates USS SS 1.6555 100 Yen SS 1.2561 MS SS 0.6463 Money market rates Overnight 2 3/4 -3/8 3-month 3 7/16 unch
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    • 37 1 London Gold AM fix USS349.00 -US$1.55 Rubber S'pore Apr 135.00Vkg +0.75 M'sia Apr 209.00*/kg unch KL Tin Turnover 43 tonnes +17 Spot MS 14.10/kg unch Crude palm oil Turnover 864 lots +359 Apr MS905 /tonne 7
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  • 540 1  -  Charges still 20pc below private sector market rates: corporation By Lilian Ang SINGAPORE Jurong Town Corporation (JTC), Singapore's main developer of industrial property, has raised factory rents by as much as 15 per cent. The move bucks the trend in most other
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  • 215 1 SINGAPORE The Monetary Authority of Singapore (MAS) yesterday cut its rediscount rate for export bills from 4.5 per cent to 3.75 per cent. But industry analysts said the cut, which will benefit mostly commercial banks and exporters, is unlikely to trigger any further
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  • 216 1 UPI JAKARTA About 1.000 university students in the Indonesian city of Yogjakarta staged demonstrations yesterday, calling for the abolition of the government's year-old monopoly on the sale of cloves, news reports said. The government decreed early last year that all cloves must be
    UPI  -  216 words
  • 553 1  -  Move towards tiger economies, particularly S'pore From John Helmer in MOSCOW A NEW Russian trade strategy to be announced soon will give priority to the growth economies of Asia, particularly Singapore. Russia's First Deputy Minister for Foreign Economic Relations, Sergei Glazyev, told
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  • 663 1  -  From Chew Eng Han in KUALA LUMPUR THE Robert Kuok group will relist Rasa Sayang Beach Hotels (Penang) (RSBH) on the Kuala Lumpur Stock Exchange under a new name, Shangri-La Hotels (M) Bhd. The listing, probably by the end of June,
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  • Page 1 Advertisements
    • 529 1 Nikon The World's Finest Photographic System SIA, SSL in project SINGAPORE Airlines and Straits Steamship Land have each taken a 20 per cent stake in a US$50 million hotel project in Yogyakarta, Indonesia. Page 4 LKT on its proceeds PROCEEDS from most of the gain of construction firm Lee Kim
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    • 240 1 Parliament Debate: Reports, Pg 2 Reserves hot topic in Budget debate Govt urged to channel revenue back to businesses Call to waive consumption tax on essential goods Parliament snippets OLYMPIC PERFORMERS Worldwide Sponsor of the Olympic Games fl °Q9 brother fjj i The nifty Brother EM-611 is P er ect
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    • 7 1 Nikon The vVorld s F.nest Photographic System
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  • PAGE 2 NEWS
    • 522 2 THE Budget debate kicked off" on a positive note yesterday: No one quarrelled with the government's position that reserves should be built up for a rainy day. Even the two opposition Members of Parliament who spoke, Chiam See Tong (Potong Pasir) and Ling
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    • 471 2 Yesterday in Parliament Feedback Unit also told consumption tax will be a burden BUSINESSES would like to see a clearer link between what they pay in statutory costs and how the government uses this revenue, outgoing Feedback Unit chairman Chandra Das said
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    • 473 2 INVESTMENTS by Singa-pore-based private companies in Malaysia grew from Ms 47 million (Ss42 million) in 1985 to MSBS9 million (***** million) in 1990. Singapore investments in Thailand also rose, from 6.9 billion baht (SSO.S billion) to 15.1 billion baht (SSl.l billion). The figures were cited by the Senior
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    • 315 2  -  Reports by Kenneth James, Chuang Peck Ming and Anna Teo SINGAPORE The government should consider waiving the consumption tax on essential items and for small-time businessmen so as to mitigate some of its undesirable effects, said Peter Sung yesterday. The Buona Vista
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    • 531 2 Reuter NEW DELHI India, pushing through economic reforms, has cut import tariff ceilings by more than 10 per cent in its budget for the 1992/93 year starting in April, but businessmen say the impact on local industry is offset by
      Reuter  -  531 words
    • 357 2 Beijing official says such party has to favour capitalism Reuter HONGKONG Chinas top official responsible for Hongkong hinted yesterday that Beijing would back any moves to set up a pro-China party in the British colony to counter pro-democracy liberals. Mr Lu Ping, director
      Reuter  -  357 words
  • Page 2 Advertisements
    • 71 2 UNKAI JAPANESE RESTAURANT BY HANS GEDDA fyyyfitM v j jKKBHIh^^ v X v 36diSHBBKiB "IN MY PICTURES, I TRY TO CAPTURE THE 'ESSENCE' OF THE SUBJECT. IN THIS ONE, I ATE IT AS WELL." &&&?L>?f- PHOTOGRAPHER J4ANA HOTEL SINGAPORE The Classic Hotel 16 N«ssm Hill, Singapore 1025 For e nqu
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  • SINGAPORE NEWS
    • 298 3  -  By Colin Tan PLANS to turn Changi Point into a recreation area and Jurong East Centre into a vibrant mini-city will go on public display this Thursday. The proposals, by teams from the Singapore Institute of Architects, will give details of
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    • 322 3  -  By Sangeeta Mulchand JURONG Crocodile Paradise has been put up for sale by open tender. It is not known how much the three-and-a-half-year-old theme park is expected to fetch, but it was reported to have cost its current owners $10 million to
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    • 339 3 A FORMER banker, Paul Joannes Willemse, went on trial yesterday for allegedly attempting to incite a barrister to give false information to the Director of the Corrupt Practices Investigation Bureau. Willemse, 49, denies abetting Thomas Michael Ashe, 43, a barrister at Lincoln's Inn,
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    • 292 3  -  By SN Vasuki IN LINE with the one per cent cut in corporate taxes from 31 per cent to 30 per cent announced by Finance Minister Dr Richard Hu in his Budget speech, the ministry said in a press release yesterday that there will be
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    • NEWS ROUNDUP
      • 70 3 IMPACT South East Asia, the recently-formed subsidiary of Impact Development Training Group, plans to set up a regional British training centre based in Singapore. Mark Skinner, training consultant and general manager of Impact East Asia, said that his company has "a strong
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      • 36 3 THE Registry of Pawnbrokers will hold a public auction of unredeemed pledges from 60 pawnshops on Friday and Saturday. The auction at the Central Supplies Department will feature 16,000 pieces of jewellery.
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      • 67 3 CAREER 92, an exhibition and seminar to help develop human resources to meet Singapore's economic goals, will open tomorrow. The five-day event will be launched by Minister of State for Education, Sidek bin SanifT, at the World Trade Centre. This year's theme Towards Global Services reflects
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      • 54 3 THE Japan External Trade Organisation (Jetro) is sponsoring the visit of Japanese expert, Kazuhiro Hoshino, to Singapore. Mr Hoshino will speak on intelligent buildings and related business at a seminar today. The seminar is to help the local construction industry keep up with current developments in intelligent
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  • Page 3 Advertisements
    • 41 3 We'll be back. /llitalia From 30 March 1992. To take you to Rome every Monday and Friday from Changi Airport at 22:25 hours. And back again, every Thursday and Sunday. For details and reservations, please call us at 737 3166. /llitalia
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 48 4 SINGAPORE Amcol Holdings Ltd will invest US$5.5 million (Ss9 million) in PT Amcol Graha Electronic Industries. The company will take up 5.5 million shares of US$l each, maintaining its 50 per cent stake in the share capital of the Indonesian firm.
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      • 57 4 SINGAPORE Low Heng Kuat (Singapore) Limited (LHKS) has sold 4.4 million ordinary shares of $1 each in the capital of Newton, its associated property investment company, to Denfield Holdings Ltd for 5512.8 million. As a result, the LHKS shareholding in Newton will be reduced from
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      • 25 4 SINGAPORE Hai Sun Hup Group Ltd has announced the incorporation of HSH Tanker Pte L<td (HTPL) as a wholly-owned subsidiary.
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      • 31 4 SINGAPORE Singapore Building Society has posted a 132.4 per cent increase in profit after tax to $2.5 million for the six months to Dec 31, 1991.
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      • 29 4 SINGAPORE Transmarco and Wing Tai have been excluded as trustee stocks from the Stock Exchange of Singapore's CPF Investments Scheme with effect from Mar 9.
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    • 214 4 SINGAPORE HPL Tourism Leisure, a whollyowned subsidiary of Hotel Properties Ltd, has announced plans to operate a series of charter flights to Alma Ata, the capital of Kazakhstan, from June this year. A total of four charter flights, scheduled to begin operating
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    • 509 4  -  By Dexter Lee SINGAPORE The Republic's flag carrier, Singapore Airlines, and Straits Steamship Land have each taken a 20 per cent stake in a US$5O million ($82.8 million) hotel project in the Indonesian city of Yogyakarta. SlA's stake, made via wholly-owned subsidiary
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    • 414 4  -  By Sylvia Wong SINGAPORE Construction firm Lee Kim Tah Holdings Ltd (LKT) plans to use most of the $18 million it will make from the sale of its Alexandra Road site to fund overseas expansion. Apart from the
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    • 172 4 SINGAPORE Guthrie Manufacturing (S) Pte Ltd. a wholly-owned subsidiary of Guthrie GTS Ltd. and L&M Group Investments Ltd (L&M) are to pool their resources to improve operations. In a document to shareholders, the Guthrie group said that upon completion of its recent conditional
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    • 350 4  -  By Sangeeta Mulchand SINGAPORE BritishAmerican Tobacco Company (Singapore) Ltd yesterday announced a marginal drop in group earnings to $29.76 million for the financial year ended Dec 31. The 2 per cent drop in earnings was based on a turnover of $295.95 million, 16 per cent
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    • 281 4 SINGAPORE In an ironical twist, Berjaya Group Bhd has had to make a general offer for Taiping Consolidated Bhd (TCB) after having earlier diluted its stake in its former subsidiary. The offer, at M 54.50 (552.90) a share, values TCB at M 5207.5
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    • 369 4 SINGAPORE Causeway Investment Ltd has formed a joint venture with National Oxygen Pte Ltd (NOX) to tap the synergistic benefits of the two companies' manufacturing and marketing operations. Causeway announced yesterday that the joint-venture company. National Industrial Gases (NIG), will be equally owned.
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    • 212 4 KUALA LUMPUR Malaysia's state-owned Bank Bumiputra Malaysia Bhd (BBMB) said yesterday that the USS3 billion (Ss4.9sJ>illion) suit filed against the bank in the US by a minority' shareholder of the defunct: Carrian Group was "misconceived, irresponsible, and scandalous*. Breaking its two-week silence over the
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    • 456 5 HONGKONG The Hongkongßank has sold its 5 per cent holding in Regent International Hotels to EIE International Tokyo, giving 100 per cent control of the chain to the Japanese firm, the Sunday Morning Post reported. "The divestment came as a result
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    • 445 5 Reuter HONGKONG The stock market, balking near the 5,000 level after the recent bull run, may make another attempt to breach key psychological resistance this week, analysts said. But much will depend on today's results announcement for HSBC Holdings, the holding
      Reuter  -  445 words
    • 338 5 BANGKOK Thailand's National Energy Policy Committee has approved the listing of Bangchak Petroleum Co on the country's stock exchange, The Nation reported over the weekend. Approval was also given for the issue of 104.4 million shares to boost the stateowned company's capital by 20
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    • 377 5  -  From Al 0 Labita Jr in MANILA LISTED Metro Drug Inc. a subsidiary of the Salim Group's Hongkong-based First Pacific Company, has reported a 67.4 per cent drop in operating profit. Although Metro lifted turnover marginally in 1991, operating profit plunged
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    • 508 6 Agencies WELLINGTON Foresters Carter Holt Harvey Ltd (CHH) has announced a one-for-seven rights issue at NZ$2.OO per share, the New Zealand Stock Exchange said. Carter Holt Harvey shares fell 18 cents to close at $2.22 (S$ 1.90) yesterday after the announcement.
      Agencies  -  508 words
    • 390 6 Reuter LONDON British building materials group Redland on Friday attempted to deliver a knock-out blow in its takeover battle for rival building company Steetley by raising its offer to £634 million (SSI.B billion). Investment analysts considered Redland's new offer as fairly priced
      Reuter  -  390 words
    • 253 6 NYT NEW YORK Fujitsu Ltd plans to announce tomorrow that it will re-enter the American market for super computers. The entry by the Japanese electronics giant represents a new challenge for American computer makers in an important sector. Supercomputers are being used more
      NYT  -  253 words
    • 320 6 Developer and publisher among dozen contenders Reuter NEW YORK Real estate developer Mortimer Zuckerman and Canadian publisher Conrad Black have emerged as the leading candidates to make takeover offers for the ailing Neh York Daily News, according to a published report. The
      Reuter  -  320 words
    • COMPANY BRIEFS
      • 103 6 TOKYO Japan's Marubeni Corp and two other companies have received an order from the Thai government to supply power station equipment for around 35 billion yen (*****.5 million), a spokesman said yesterday. The three companies Marubeni, Fuji Electric Co Ltd and a Canadian affiliate
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      • 73 6 LONDON Aeroengine maker Rolls-Royce pic has asked the UK government for significant financial aid, said a report in the Observer newspaper. It quoted government sources as saying secret talks are being held between the company and government ministers on the size and form the state
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      • 94 6 SYDNEY Foster's Brewing Group Ltd chief executive Peter Bartels resigned on Friday, newspapers in Australia reported. Speculation about Mr Bartels' future at Foster's has put pressure on the company's shares in recent weeks. They were trading one cent lower at A 51.91 (552.30) at 0300 GMT,
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      • 65 6 MILAN Italy's Ferruzzi Finanziaria SpA said it was studying a reorganisation of the group's various businesses, but did not give any details. Earlier, two newspapers reported Ferruzzi was planning to reorganise holdings in the financial sector. "Ferruzzi is studying a reorganisation of the group's businesses along homogenous
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  • Page 4 Advertisements
    • 89 4 -1 I years" THERE'S MORE TO LIFE WITH RENAULT r. —-.ir,- Wll %&JLlr r Alia 6 fashionable with it! -Yes. _rr -~S' 'nfl', .is everyone loves the RENAULT CLIO-- ,r. tTT,T77 7 I f Economical and generous, the RENAULT CLIO is an energy saver .J"""'.. 'jzT*Z that has energy to
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  • Page 5 Advertisements
    • 311 5 I II The new VTEC. Honda Civic il I I Marked as a world reference car Realised through the relentless pursuit of some of the world's finest automobile engineers jimi (tit If TIE JEll'll/'H. ii ii w— The new VTEC Honda Civic moves with an a A k A intelligent
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  • Page 6 Advertisements
    • 542 6 WfW t6e 'ZfcuttaHiCfiad <x& y&un defeetuCoMc co^tpcuUcn! German Design Quality M —old tripod is worth r -JBJI K 50%\ $30 11 (Subjected to purchase of HAMA Brand Tripod) SUPER GRAND SALESX HAMA CENTRE unmw vnLt v 261, Waterloo Street #03-28 Waterloo Centre Mp f K^*^ > b o Tel: *****29
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  • FINANCIAL NEWS
    • 427 7  -  Issuers expect modest 10-15 pc growth this year against last year's 30pc By S N Vasuki SINGAPORE Growth in new credit and charge cards in Singapore is expected to fall this year, as regulations introduced four months ago by
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    • 333 7 Agencies ISLAMABAD Three Pakistani branches of the collapsed Bank of Credit and Commerce International SA (BCCI) have been amalgamated with the local state-run Habib Bank Ltd, the Pakistani government said. A government announcement said the branches in Karachi, Lahore and Rawalpindi would be managed
      Agencies  -  333 words
    • 384 7 Reuter WASHINGTON Government regulators said they will collect a record US$4l million (Ss6B million) from a New York law firm that allegedly contributed to the collapse of the Lincoln Savings and Loan Association. On setting the fine. The Office of
      Reuter  -  384 words
    • SMALL CHANGE
      • 84 7 TOKYO Japanese trust banks are studying ways to improve disclosures of income stemming from trust business but details have not been decided yet, said an official at the Trust Companies Association of Japan. The official denied a Nihon Keizai Shimbun report that trust banks
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      • 103 7 LONDON The Department of Trade Industry is to examine whether government inspectors investigating the Blue Arrow affair were misled by National Westminster Bank pic, said a report in the Sunday Times. Investigators completed two separate reports into events surrounding the 1987 takeover of US-based employment
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      • 47 7 AUCKLAND Countrywide Banking Corp Ltd, 40 per cent owned by Bank of Scotland, has appointed David Wolfenden as chief executive and managing director. Mr Wolfenden. 53, has been corporate manager at ASB Bank Ltd. He takes over as CEO from Peter Martin.
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      • 66 7 HELSINKI Kansallis-Osake-Pankki chief general manager Pertti Voutilainen said the bank would assess its strategy this spring to ensure it made a sufficient profit. "At the same time we will continue cutting costs to match the changed situation," Mr Voutilainen said in a prepared statement for delivery at
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      • 44 7 NEW YORK Tiffany Co Inc chairman William Chancy has told the financial weekly Barron's that if his expectations are correct, the company can post fiscal 1992 earnings of US$2.4O to US$2.5O per share, and close to US$3 per share in 1993.
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  • Page 7 Advertisements
    • 226 7 CEOffl THE NEW CROWN. Introducing the all-improved BflgP new Crown. The Crown has always been an exceptional car for exceptional men. And the all-improved new Crown goes even further in being an exceptional statement of Success. With its modern and refined good looks. No wonder those CEOs who give it
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  • THE REGION
    • 535 8  -  From Harish Mehta in HO CHI MINH CITY VIETNAM is drafting a law governing its fledgling petroleum industry aimed at wooing more foreign investment. But various foreign oil companies claim that some provisions in the draft law may drive away investors instead.
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    • 278 8 Reuter MELBOURNE Australian Prime Minister Paul Keating said yesterday that the government was not looking at a reduction in official interest rates. Asked by reporters in Brisbane if such a move was being considered he replied: "No." Mr Keating had been asked
      Reuter  -  278 words
    • NOTE BOOK
      • 116 8 HONGKONG Experts from China and Macau have approved a draft constitution for the tiny Portuguese-run territory after it returns to Chinese rule in 1999, the Portuguese news agcncy Lusa reported. Lusa said the Macau Basic Law Drafting Committee passed the draft by a two-thirds majority
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      • 52 8 BANGKOK Oman Oil Co, the state-owned firm in charge of overseas investment, is expected to be one of the shareholders in a 150,000-barrel-a-day Thai refinery project, says a report in The Nation. US-based Caltex and the Petroleum Authority of Thailand are the other two
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      • 76 8 KUALA LUMPUR An increasing number of Italian shoemakers are now looking for local distributors to represent their designs, following the growing sophistication of consumers here and the booming retail trade in this region. Mrs Sharon Chai. trade manager of Heveaworld Sdn Bhd, an international
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      • 89 8 PHNOM PENH US Assistant Secretary of State for East Asian and Pacific Affairs Richard Solomon arrived here yesterday, the first senior US official to visit Cambodia since October's Paris peace treaty. Mr Solomon's three-day visit comes as the US Congress considers President George Bush's request
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    • 246 8 AFP BANGKOK Thailand's military junta will pick the country's next Prime Minister, if there is no clear winner in this month's general elections, according to former Supreme Commander General Sunthorn Kongsompong. Gen Sunthorn, who heads the National Peacekeeping Council (NPKC),
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    • 504 8 BANGKOK Prime Minister Anand Panyarachun has warned Thai companies to prepare for an emerging "environmental battle" that will have far-reaching implications for international trade, according to a report in The Nation. The premier sent out the strong warning to the business community
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    • 329 8 Bernama Reuter DHAKA Bangladesh is seriously contemplating bringing the Myanmar Muslim refugee issue before the United Nations Security Council, government officials said yesterday. The Bangladesh government has been consulting with the five permanent members of the Security Council on taking up the issue
      Bernama Reuter  -  329 words
  • Page 8 Advertisements
    • 1054 8 YAMAICHI DAE FUND LIMITED (an investment company incorporated with limited liability in the Republic of Singapore) The Board of Directors of Yamaichi DAE Fund Limited wishes to make the following announcement:I AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1991 For the Period For the year from from 6 December
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  • THE WORLD 1
    • 435 9 Irregularities show up most frequently in trade between US and South America AFP WASHINGTON Manipulating prices of imports or exports is a favourite method of money launderers who want to ship money illegally between the United States and Latin America, according to a
      AFP  -  435 words
    • 231 9 Havel seeks more foreign investment for Czechoslovakia Reuter PRAGUE Czechoslovak president Vaclav Havel said on Sunday that his country would like much more foreign capital. "We are interested in a massive involvement of foreign investors because it is a way of speeding up our economic reform and promoting economic development
      Reuter  -  231 words
    • 349 9 Reuter GENOA Industry barons in Italy have told politicians that next month's elections must produce a strong government committed to political and economic reforms vital to securing the country's place in Europe. As campaigning steps up for the vote on April 5
      Reuter  -  349 words
    • WORLD WATCH
      • 75 9 AMMAN, Jordan British Prime Minister John Major renewed a warning on Sunday of a possible military strike on Iraq if Saddam Hussein continues to balk at destroying its weapons of mass destruction. The warning came as Tariq Aziz, Iraq's deputy prime minister, was
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      • 45 9 BARCELONA Military hardware from the former Soviet Union will be auctioned off at a fair at a military base in north-eastern Spain, the Diari de Barcelona newspaper said on Sunday. The fair will take place at the Reus airbase in May.
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      • 46 9 DNIEPROPETROVSK, Ukraine For lack of any orders, the former Soviet Union's biggest rocket and missile factory has turned to making umbrellas, sausage machines and even plastic toy machine guns. It's been two years since the Yuzhmash plant here delivered its last missile.
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      • 64 9 MADRID With currency reserves of US$65.B bilion (*****.57 billion), Spain ranks behind only Japan and the United States, according to a report published on Sunday by the Bank of Spain. Spain's reserves, registered at the end of 1991, represented a 28.5 per cent increase on 1990
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    • 406 11 Social benefits may be slashed to reduce Bonn's outlay Reuter BONN A string of leading German politicians and a key economic adviser to Bonn have called for sharp cuts in Germany's federal budget and did not rule out slashing social benefits
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    • 324 11 Reuter LONDON UK consumer confidence remains extremely weak and one in four Britons fears the recession will last at least another year, a survey said. The Gallup survey, done on behalf of IPC Magazines Ltd, also found 50 per cent of people cannot
      Reuter  -  324 words
    • 575 11 Reuter WASHINGTON The United States, turning inward at a time of economic trouble, appears set to change its foreign policy priorities and try harder to advance its economic interests. Political analysts scoff at suggestions that the US could relapse to the
      Reuter  -  575 words
    • 366 11 Reuter EDINBURGH A mood of rebellion has gripped Scotland ahead of the British general election. deeply embarrassing the Conservative government and possibly threatening the 300-year-old union with England. A nationalist cry for autonomy could be heard from the elegant Georgian parades
      Reuter  -  366 words
  • Page 9 Advertisements
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    • 14 9 This is how an ordinaiy PC looks when compared to the new PLUS flex
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  • Page 10 Advertisements
    • 2948 10 ©DBS FINANCE DBS FINANCE LIMITED AND ITS SUBSIDIARY COMPANIES (Incorporated in the Republic of Singapore) BALANCE SHEET AS AT 31 DECEMBER 1991 The Company The Group HwClwp«m The Croup Note 1991 1990 1991 1990 WW ISM 1991 1999 ssvoo sjooo sjooo sjooo troeo stood srooo srooo Shirt Capital Fliad AimU
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  • Page 11 Advertisements
    • 426 11 Introducing the PIUS flex "The amazing multifunctional computer. I 9 he Datamini Plusflex Computer the first of IttJudby L I U I its Wnci in Singapore -is an outstanding JL achievement in downsizing. It's "boxtess". Everything you find in a PC, besides the monitor, is right inside the keyboard. slim,
      426 words

  • 480 12 EDITORIAL NOBODY questions the Japanese worker's right to work hard. If he chooses to spend dawn to dusk in the company of colleagues in his workplace, pachinko parlours or karaoke bars, besides churning out world-acclaimed products that is his prerogative. If he wants to put in more
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  • WHAT THE OTHERS SAY
    • 293 12 IN EDUCATION, as in all else, too much of a good thing can turn it bad. This is basically the lesson behind the Ministry of Education's recent advice to primary schools not to turn continual assessments into "mini-exams." Continual assessments, which consist primarily of weekly or
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    • 103 12 THE HALAL MARKET is thriving. More than 20 per cent of the world's population are Muslims. In the South-east Asian region, the majority of the people are Muslims. Hence, it is appropriate that the Malay Chamber of Commerce holds the second halal food and technology exhibition, or
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    • 123 12 ON THE EVE of voting by residents of Marine Parade on the HDB upgrading programme. Prime Minister Goh Chok Tong announced that voters who did not cast their votes would be deemed as apposed to the programme. Obviously, the main reason behind this decision is to
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  • REGIONAL VIEWPOINTS
    • 221 12 ANYONE who assumed that China had put away its diplomatic megaphone for good last September after British Prime Minister John Major signed the Memorandum of Understanding on the airport in Beijing was labouring under a delusion. The volume has been turned up again in Guangzhou, where the
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    • 161 12 QUICK RESPONSE is often required to take advantage of trade and investment opportunities that arise, and the Malaysian government, to its credit, has risen to the occasion. Without losing time, it has paved the way for the private sector to move in after galvanising the various
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    • 122 12 DESPITE the frustrating gridlock long-suffering Bangkokians must still often endure, there have been some improvements in the city's traffic flow. The appalling jams remain, but there are now times and places during the week when the traffic flows better than it did some months ago. Ultimately, when
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  • 733 12  -  Jackie Sam reports on the rising political temperature in the colony over the proposed privatisation of Radio Television Hongkong Jackie Sam The writer is a Hongkong-based political consultant who contributes to BT WHENEVER a Hongkong official stands up and insists that the Administration
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  • Page 12 Advertisements
    • 121 12 -1 Throughout history, leaders have become legends by taking risks. The risk of the unknown, the unexplored, the uncharted. The challenge of trying something new. In the financial world, savvy risk managers know new ideas are not a risk, but a necessity And that the biggest risk of all is
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  • Page 12 Miscellaneous
    • 43 12 DOONESBURY BY GARRY TRUDEAU hi. mime uir i got a lot of iSJfiS DOON&dUM Beuom. BOSKS. I'M T}iE IHAVt TO y£s VVS 60TAN TH YOUR\ RtaPTIOHIST FOR KEEP UP THIS APPOINTMENT WHOM* #£6. J* NINE DIFFERENT COMPLtTE sr/T- 1 "CONSULTANTS"WHO PRSTEHSEi Q*jL,j, 1
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  • ANALYSIS
    • 1000 13  - Local content not the best way to judge imports David E Sanger wonders if the policy of cracking down on Japan in the US tmly benefits American workers David E Sanger NYT BAC K WHEN Detroit first woke up to the dimensions of the Japanese challenge in automobiles in the
      NYT  -  1,000 words
    • 1502 13  -  Thai Prime Minister Anand Panyarachun spoke to Australian business magazine Asia Today recently about the road leading to an Asean Free Trade Area. Florence Chong reports Florence Chong Thailand's outgoing Prime Minister. Anand Panyarachun, says Asean members have become "more mature and self-confident"
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    • 724 13  -  Michael Richardson talks to a Japanese defence authority Michael Richardson JAPAN has broad economic influence in Asia, raising concern that it may one day seek to protect its interests with military power. Masashi Nishihara. professor of international relations at Japan's National Defence
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  • Page 13 Advertisements
    • 106 13 Spiritual Formation in the World of Business A Training Course on Developing ths Spiritual Life and Understanding the World of Business from a Christian Perspective. Instructor: Dr Lee Soo Ann General Secretary, The Bible Society of Singapore and Brunei. Dr Lee was formerly Professor with the National University of Singapore,
      106 words

  • FOCUS
    • 1360 14  -  Vlichael Skapinker looks at the strategy behind Thorn EMl's purchase of the Virgin Music Group Michael Skapinker FT PRESIDENT for life is usually a title which company directors bestow on the aged founder when he can no longer remember their names, or
      FT; Source: FPI; Source: FT Graphics  -  1,360 words
  • Page 14 Advertisements
    • 282 14 j"jTjjgfcT A. „;cj& .■vJL'flqp p a 2- 4* the Quadrant The QuadranL A 28-sK>rey intelligent office j conccurae prwides vsd rcbcf from the cooaat AMov stket 11 J t^*\\ building standing at the juncnon of Cecil Street and ———J monoeoy of the aiy Creaoog a piean envuUkidii for r "no\Cnir^u^^C\
      282 words

  • Page 15 Advertisements
    • 2454 15 GREAT PACIFIC FINANCE GREAT PACIFIC FINANCE LTD AND ITS SUBSIDIARY COMPANIES (Incorporated in The Republic of Singapore) BALANCE SHEET AS AT 31 DECEMBER 1991 Th* Company Tht Group Th« Company Tha Group IWI IWO IWI 1990 Note 1991 1990 1991 1990 S* 000 SS'OOO SSOOO Ss'ooo SCOOO ss*ooo 81*000 ss*ooo
      2,454 words

  • INNOVATION & TECHNOLOGY 1
    • 314 16  -  Singapore spent hundreds of millions of dollars on research and development in 1990 and, as Claire Leow discovers, slightly more than half of that amount came from the private sector Claire Leow S LIGHTLY more than half of the $571.7 million spent on research and
      314 words
    • 244 16 TO ANSWER some key questions about research and development spending in Singapore, the National Science and Technology Board initiated a survey with the Department of Statistics last year. BT brings you the salient points of the findings. This is the first time the newly-estab-lished
      244 words
    • 293 16 Research spending in Singapore by each research staffer has risen steadily in the last 13 years, according to the survey conducted by the National Science and Technology Board and the Department of Statistics. What emerged was data showing that R&D expenditure by each research
      293 words
    • 944 17 The memory capacity of portable computers is set to burgeon with the introduction of the Personal Computer Memory Card International Association (PCMCIA) standard FT SEMICONDUCTOR technology is readily predictable. This makes it a relatively simple task to work out what the future for
      FT  -  944 words
    • TECHTAKES
      • 64 17 SINGAPORE Sun Microsystems of California is organising a seminar on "Bridging the performance gap" which will feature leading OS, Rise, software development and printing technologies. The event, to be held on March 17 at the Oriental Hotel, will begin with an executive overview
        64 words
      • 58 17 SINGAPORE Local computer distributor SIS Technologies Pte Ltd and US-based Primavera Inc will exhibit the Primavera Project Planner 5.0, an MS-DOS-based system that integrates scheduling, resource allocation and cost control. This management and control software will be shown at a seminar called Modern Techniques in Construction, Project
        58 words
      • 75 17 TAIPEI Taiwan-based Acer Computer has won the first place in the First National Invention Competition held in Taiwan. Acer chairman, Stan Shih, said the prize reflects Acer's research and development (R&D) manpower allocation of 800 persons and R&D expenditures being the highest in the country. He
        75 words
      • 62 17 SINGAPORE Hewlett Packard's management tool, the software Glance Plus, now runs on Sun SPARCstation computers. Glance Plus measures system-performance activity and helps diagnose and resolve bottlenecks quickly. Systems administrators use Glance Plus to monitor system performance. The Glance Plus is now available at US$6OO (*****).
        62 words
    • 266 17  -  The inaugural Security Awareness Week will begin on March 23. Ang Wan May reports Ang Wan May IS information of commercial value considered "property" as defined by the law? Issues like this will be discussed during Asia's first Security Awareness Week '92 to be
      266 words
  • Page 16 Advertisements
    • 188 16 SOFTCELL IS QUOTING UNREPEATABLE PRICES FOR MICROSOFT SOFTWARE BUT ONLY UNTIL 31 MARCH Just compare these prices... Windows 3.0* $715 jwzSi Windows 3.0* $715 yrttfk Windows 3.0* $198 Mouse* $715 Mouse* $715 %xz*6 DOS 5.0 upgrade $125 Jkafltf DOS 5.0 upgrade* $715 DOS 5.0 upgrade* $715 >J<Wf) Mouse $137 >255
      188 words

  • Page 17 Advertisements
    • 29 17 qzs)uc n* Use your Diners Club Card during this promotion and you and your guests will receive a complimentary aperitif. 0 OMNI HOTELS ASIA-PACIFIC WT OLIVIER SINGAPORE (PTE) LTD
      29 words

  • Page 18 Advertisements
    • 237 18 Nothing Beats A BucL IBffinfll where to wine, dine OK GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT SNACKS WITH GOOD FRIENDS. Iv ING'
      237 words
    • 376 18 CANOPY BAR Arrange to meet here In the heart of the city, enjoy the unfair advantage. Briefly interrupt your hectic schedule, or capture the magic as daylight turns to dusk, and dusk to dark. Watch the world go by beneath open skies and take pleasure amidst the comforts of our
      376 words
    • 243 18 'JHH Bottles BK IS BACK WITH HARD ATTACK! Dynamic Sharm has now rejoined Hard Attack Catch her in the act with the boys for a rollicking good time! It's Ladies Nite every Saturday All ladies will receive a mystery gift. saw_ F 11 MM9WPXI7IIW anil ffl elax with Chada and
      243 words
    • 310 18 Br You'll en)oy our delicious selection of authentic Betyfng Dian Xln served amidst the splendour of an Imperial Court. May we expect you today? K From noon to 2.30 pm. SETT J Ala carte menu available. Jfuj^ 333 Orchard Road Singapore 0923 Tei*****11 |^|H 24-HOUR^ W JpwS r v/l \COFFEE
      310 words
  • Page 18 Miscellaneous
    • 682 18 TELEVISION AND RADIO :-«**•>i.i———n—— —nrni-ri —mi i ,i ii»~irr~n—ll—ij— ■——irw«Tnrir~ l t/% I?Rr 1*: 800 n Your Wove (I S,crco) 5.20 S«ti Zubaidah RiictpH? ill-mm, a srir* 1 B(JSWESS<y^^; JL# UkJ IV'VI 7.30 AM CNN (L). 9.45 Movie Parade Buster (See 630 Al Islam Wal Nazariat Al BBC, SS.9 m«2
      682 words

  • LIFESTYLE
    • 893 19  -  Before an audience, Peter Ustinov wears many different masks of personalities. Dawn Tan studies the man offstage and at Le Meridien last Thursday Dawn Tan HE SITS at the far end of the mahogany table, a quiet figure of judicial solemnity. If it is true that a
      893 words
    • 544 19  -  Russia celebrates International Women's Day with gusto. Yet the fairer sex in post-Soviet Russia still see themselves as an oppressed lot. reports Steven Erlanger Steven Erlanger NYT SOVIET communism tried to create a New Soviet Man, but post-communist man is behaving just as badly towards women as
      NYT  -  544 words
    • 340 19 CHATTERBOX AMERICAN TV tycoon Ted Turner has bought 437 ha of land surrounding a clifF over which Indians stampeded buffalo herds to kill them for their meat and hides. A state park incorporates part of the site, called Ulm Pishkun and located 20 km
      340 words
  • Page 19 Advertisements
    • 182 19 AND ENTERTAIN A buffet of perennial favourites with a different selection everyday... Monday Western Favourites Tuesday Chinese Delights j Wednesday Malay Temptations Thursday Mexican Specialities Friday Italian Raptures Saturday International Served daily from 12 noon to 2.30 pm at 19.50 per person. An a la carte menu is also available.
      182 words
    • 305 19 TUfTI ridlk Sea Village Restaurant THE SPIRIT OF THAI CUISINE A 'La Carte Set Menus Available No Service Charge Reasonable Prices Air-conditioned room seating available with seaview Ample parking Thai chefs from Bangkok Saturday Lunch fl2-4pmTl Sunday Lunch ni^M.l 20% discount on all food items Buffet Lunch $SJS per head
      305 words

  • SPORTS
    • SIDE LINES
      • 94 20 COPENHAGEN Magnus Larsson. coming off first-round setbacks in his five tournaments this year, beat fourth-seeded seed Anders Jarryd 6-4, 7-6 (7-5) to win Sunday's all-Swedish final in the U*****,000 Copenhagen Open. It was the second ATP Tour singles title for the eighth-seeded Larsson.
        94 words
      • 87 20 PARIS Europe's pacesetting elite tightened their grip on their respective leagues during the weekend. AC Milan increased their chances of completing the entire Italian season unbeaten when they beat fifth-placed Parma 3-1. French leaders Marseille finished with both points but only 10 men in their away
        87 words
      • 131 20 LAUSANNE. Switzerland The International Olympic Committee is seeking final commitments from all the former Soviet republics to join a united team at the Summer Games. Despite requests from Ukraine and Georgia to compete independently, the lOC is holding firm on its ultimatum: go with the Unified Team
        131 words
      • 67 20 POWAY, California Judy Dickinson carded a string of birdies on the back nine on Sunday to fend off the challenge of Meg Mallon and post a two-shot victory in the Inamori Classic women's golf tournament. Dickinson, who posted 69s in each of the first three rounds,
        67 words
      • 98 20 HONGKONG American Tom Watson won his first tournament in five years on Sunday, beating Northern Ireland's Ronan Rafferty by three strokes in the U*****,000 Hutchison Telecom Hongkong Golf Open. Watson, who started the final round seven strokes ahead of Rafferty, slipped to a 3-over-par
        98 words
      • 73 20 PARIS Defending champion Tony Rominger of Switzerland won Sunday' opening 5.7-km individual time trial by four seconds, taking the lead in the Paris-to-Nice cycling classic. Miguel Indurain of Spain, last year's winner of the Tour de France, and the 1989 and 1990 Paris-to-Nice champion, finished second,
        73 words
    • 289 20 AP INDIAN WELLS, California American Michael Chang came from behind in the last two sets to overcome an injured Andrei Chesnokov of Russia on Sunday to win the Champions Cup. Chang, the No 12 seed, defeated Chesnokov 6-3, 6-4, 7-5 to end Chesnokov's string of
      AP  -  289 words
    • 357 20 AFP MIAMI, Florida Ray Floyd held off challenger Fred Couples on Sunday to earn his 22nd career tournament and become only the second man in history to win PGA golf titles in four decades. Floyd, 49, fired a lastround 70 to beat
      AFP  -  357 words
    • 313 20 AP BOCA RATON, Florida Steffi Graf, trying to mount a charge at Monica Seles for the No 1 ranking, won her first tournament of the year on Sunday, overcoming a slow start to beat Conchita Martinez 3-6. 6-2, 6-0 in the Virginia Slims of
      AP  -  313 words
    • 565 20 Cricket: World Cup AP BALLARAT. Australia Unbeaten England took a firm grip on a semi-final spot when it crushed Sri Lanka by 106 runs in a World Cup cricket match played at the Eastern Oval yesterday. England made 280 for six from its 50 overs and
      AP  -  565 words
    • 254 20 AP WELLINGTON Indian cricket captain Mohammad Azharuddin issued a warning on Sunday to his team's World Cup rivals. Azharuddin said the Indians were peaking at the right time to mount a realistic challenge in the nine-nation tournament. The 1983 Cup winner has five points from five
      AP  -  254 words
    • 412 20 America's Cup AP SAN DIEGO II Moro di Venezia's lead in the America's Cup challenger trials lasted just one day as the Italian yacht was upset by Japan's Nippon Challenge by 5 seconds on Sunday. The closest race of the series came on
      AP  -  412 words
  • Page 20 Advertisements
    • 126 20 Singapore Scenes.^ "Singapore Scenes a special career feature on 4 April '92, is an excellent opportunity for companies to extend their recruitment overseas. v K This precedes the Jorthcoming Career Fair to be held in Australia and New Zealand between July and August will keep Singaporeans overseas and qualified foreigners
      126 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3704 21  -  By Quak Hiang Whai SHARE prices on the Singapore stock market continued their decline yesterday as investors remained cautious and wary of local and global economic conditions. Trading was quiet and thin as investors preferred to stay on the sidelines after watching Wall Street's
      3,704 words
    • Article, Illustration
      74 21  -  By Chew Eng Han Comment SUPPORT at $3.98 broke last month and the stock is now close to reaching the downside target of $3.50. From that level, a rebound of at least 30-40 cents is likely to occur, as daily RSI is close to oversold levels. 5-day stochastics
      74 words


  • 3193 23 Bouslead 50« 178 +5 +2.9% l.eader U 515 M +-1.0% Hume M 380 >4 +-1.1% Berja\a Leisure 140 2 4 1.4% DM1B Bhd 50* 95 H I 1% Sel Dredg 50 1 48'' I 2 1% CDl. 25* (2000) 60 3 5.3% Ind Oxvgen l.n
    3,193 words
  • Page 23 Advertisements
    • 157 23 SINGAPORE BUSINESS WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! t ',if t# jMuBflH o Subscribe or renew your > subscription now. The first 130 subscribers will rece ve a 125 ml bottle of Montana after-shave worth $58. I IL I Subscription rates 12 issues of Singapore
      157 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5102 24 Bernama SHARE prices in Kuala Lumpur closed broadly easier yesterday, extending their losses on cut-loss selling and buyers' reserve in the absence of market incentives. With no new factors to boost sentiment and amid the bearishness on other key overseas bourses, sellers continued
      Bernama  -  5,102 words

  • BT SHARE INFORMATION SERVICE
    • 109 25 Company Date Yaar Groop N«t Not Mrnt«f* Gro»* a«n to prom/lost (L) por sfcaro dhfWo«4 (000) <coot») Van der Hoist Mar 5 Sep 91 $2,739(J2,451) UU Pacific Can Mar 4 Sep 91 *106(11.4500 0.2( Cerebos Feb 13 Sep 91 $45.623|($38,911) 1*8(12 8 23 6TE(30TE) KL Kepong Feb 13
      109 words
    • 283 25 Company Date Yoar Group pro-tax Not oamtagt Gross MN to prom/loss (L) por short dWWood (•000) (coots) DBS Mar 7 Dec 91 $421,654($404.238) 62(593) 16(15.7) SSE Mar 7 Dec 91 $25.537($19,830) 11 2(7 9) 5(5) Sup Metal Mar 6 Dec 91 $4,001 ($3,070) 6(4.7) 10(10) Focal Finance Mar
      283 words
    • 315 25 Comoany Date Hatf-ytar Croup pre-tax tatartai ann to praflt/lo»» (L) ('000) First Capital Mar 6 Dec 91 53.937(*****) FAl Ins Mar 5 Dec 91 A524.363l(S48,794t) -(40) Roth Inds Mar 5 Oec 91 »32.334($32.507) 22 5(22 5) Cons Plant Feb 29 Dec 91 M559,800(540.600) 10(8) 0MIB Bhd Feb 29
      315 words
    • 117 25 Mar 6 The shipbuilding arm of Snfmvine Industries Limited .Swigmarine Dock yard Engineering Pte Ltd, has launched a $9 million ore bulk carrier at its yard in Benoi Road. Atlantis Engineering Construction Pte Ltd, a subsidiary of Neptune Orient Lines has launched "Seal Angola", a $26 million containership
      117 words
    • 666 25 CwTwrt Ex Mt Data Tatal far Tatal lar paymaat Ma daaa aayaMa tka yaar last yaar Am an Find USlOC(b) Mar 10 Mar 20 Mar 30 US10C USIOt A vim 20c 12.5%TE Mar 3 Mar 13 May 15 17 5%H 12 5%TE B«naya fro* 6* (I) Feto 21
      666 words
    • 226 25 Company Rights Issue MC8 Hip One-for-ten MS110 per start Ej-date Feb 24 Books dote: Mar 9 Acceptance I Payment NYA Tedi Iomch four tor-five MSI 30 per share Ei-date Feb! Books dose Feb 19 Acceptance t Payment Hat 31 Company Others Cwttepoe* Renounceat* preferentol offer of one warrant
      226 words
    • 539 25 Company gjh Imw Mm Tech One-tor-one SI 00 per share Man l»ut of $90 9 78m nomral amount of 35% Redeemable Unsecured Guaranteed Bonds 1991/96 with «5489m detachable warrants on the basis of $2 nomral amount of Bonds tor every three exist** shares held Every S2 nominal amount
      539 words
    • 108 25 Pubic Bat Bhrf: 26th AGM EGM at The Ballroom, Hotel Equator* Jalan Sultan Ismail. ***** Kuala Lumpur, on Wednesday. Mar 11, at 11am Paramowt Corpn M; EGH at Vtk Kukah. 11th Floor, Menara Maytv*. 100 Jalan Tun Perak, ***** Kuala Lumpur, on Thursday, Mar 12, at 10am Ha
      108 words
    • 57 25 Convcroioa Special Trt% Scripfcss Coaversioa ilndllM Period Traik| Coafuy starts (I DP) (ST) attrti First Capital* Mar 31 Apr 22 Apr 9 Apr 22 Apr 23 Hai Sun Hap* Apr I Apr 23 Apr 10 Apr 23 Apr 24 Stab Shipyard* Mar 20 Apr 16 Apr 3 Apr
      57 words
    • 134 25 RECORD HIGHS LOWS BT Composite Index ST FfflVt*'** 1 lodex 1992 H*c 1316 68 (21/2/92) «K &JMP 1992 low 1232.84 (2/1/92) 1992 tar 1429.65 (9/3/92) 1991 N0e 1333.08 (3/6/91) 1991 M* 1565.58 (3/6/91) 1991 tor 1022.52 (16/1/91) 1991 tar 1149.08 (WW) 1990 tacit: 1435 43 (16/7/90) 1990 1* 1607.12 (f/jflj)
      134 words
  • 590 25 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 100. In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100
    590 words

  • STOCK EXCHANGE OF THAILAND
    • 2207 26 Reuter land issues and blue P counters led price falls ,n l e Bangkok stock market yesterday as investors sold to Jake short-term profits, brokers said. .The SET index fell 10.03 Points to 797.62 on a thin turnover of 3.98 billion baht. It
      Reuter  -  2,207 words
  • 1067 26 Day's Day's Vol Price High Low Change Jaffa 676,500 2800 2800 2700 50 HM Sampoerna 675,500 2850 2850 2800 50 Into 522,500 3800 3900 3700 100 Indah Kiat Pape 479.000 2850 2900 2850 unch Bank Duta 389,000 3100 3100 3050 50 Tiiwi Kimia 217,500 5100 5100 5000
    1,067 words
  • Page 26 Advertisements
    • 8 26 Personal Finance Investment in Business Times every Saturday
      8 words
    • 35 26 The Jakarta market report was not available. On the scoreboard (based on stocks listed in BT), 25 counters rose, 11 fell and 45 were traded unchanged. Managers Must Manage BT shows you how every Monday.
      35 words
    • 106 26 You'll get a clean job done when you call t jin the experts found at AVA c'assification FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS L <^> Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in
      106 words

  • TOKYO STOCK EXCHANGE
    • 2527 27 Reuter TOKYO stocks closed lower in thin trade amid political uncertainty following Sunday's by-election defeat tor the ruling party. A weak yen and the approach of futures settlement also undermined sentiment. The broader first section Topix index closed at a six-vear low. "The market
      Reuter  -  2,527 words
  • STOCK EXCHANGE OF HONGKONG
    • 2742 27 Reuter HONGKONG share prices closed sharply lower yesterday, undermined by renewed rumours of a rights offer by blue chip HK Bank, brokers said. "Rumours of a large-scale rights issue by HK Bank sound so real that investors would rather sell their shares first just to
      Reuter  -  2,742 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2292 28 Reuter THE Australian share market slipped below the key 1,600 mark in one of the year's quietest days to close just off its lows in line with weak offshore markets. Brokers said the local market did not stand a chance to
      Reuter; SOURCE: PONT DATA  -  2,292 words
  • REGIONAL STOCK MARKETS
    • NZ shares slump on Carter Holt's cash call
      • 802 28 SEOUL stocks ended slightly higher yesterday in moderate trade, buoyed by bargain-hunting focused on large manufacturing shares. Recent favourites, shares with low price-to-earnings ratios, were quiet. Bargain-hunting emerged despite a lack of fresh positive factors. The composite index edged up 3.53 points to 628.02 as 20.2 million shares worth
        802 words
      • 498 28 TAIWAN share prices ended lower across the board yesterday as weak Financials discouraged the market and many investors stayed sidelined. The weighted index closed 63.50 points lower at 4,923.03. Turnover was a thin NT524.45 billion against NTS 17.94 billion in Saturday's half-day session. The index fell at the opening
        498 words
      • 458 28 SHARE prices in Manila fell further yesterday in quiet trade in the absence of positive news and one broker said the market could easily lose another 30 points during the week. The Manila Stock Exchange composite index fell 12.43 points to close at 1,106.38. "The market has no reason
        458 words
      • 320 28 THE share market in New Zealand closed sharply lower yesterday after Carter Holt Harvey (CHH) announced a one-for-seven rights issue. The NZSE--40 capital index tumbled 18.29 points to 1,442.19, it's lowest level since Dec 19 last year. The CHH issue, priced at NZ$2.OO, was announced early yesterday afternoon
        320 words
      • 49 28 CVmc Previous Mar 9 NEW ZEALAND NZSE-40 Capital 1.442.19 1.460 48 -18.29 MANILA Composite Index 1.106.38 1,118.81 -12.43 Turnover (million) 446.78 831.1 -384.31 TAIPEI Weighted Price Index 4.923.03 4.988.08 -63.50 Turnover (NTS billion) 24.45 17.94 +6.51 SEOUL Composite Stock Index 628.02 626.09 +3.53 Turnover (billion won) 264.8 225.8 +39
        49 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1212 29 REPORTS Reuter 7 1 1 ASIA Tokyo: The US dollar was a shade weaker against the yen and the mark but holding near the Asian day's highs in! late trade. Mark buying for yen mostly determined the US dollar's direction
      Reuter  -  1,212 words
    • 357 29 IHT PARIS The US dollar is expected to sustain its upward trend, even though last week's US jobs data for February showing a rise in the number of people employed as well as an increase in the unemployment rate failed to deliver a convincing
      IHT  -  357 words
    • 251 29 Reuter MOSCOW Russia may get tough with other former Soviet republics if they introduce their own currencies without consulting it or if their accounts with the Russian central bank are in the red. a government document says. The unsigned paper, obtained by
      Reuter  -  251 words
    • 390 29 Cfoss rates Mar 9 i USS SS MS Dm Yen SFr AS NZS USJ 1.6570 2.5670 1.6640 131.70 0.5804 1.5100 1.3254 1.8248 SSl 0.6035 1.5492 ***** 79.4810 0.3503 0.9113 0.7999 1.1013 1 MS; 0.3896 0.65 0.6482 51.3050 0.2261 0.5882 0.5163 0.7109 L)rrt 0.6010 0.9958 1.5427 79.15 0.3488
      390 words
    • 540 29 Interbank rates SS Bid Offer Overnight 2 3/4 3 1-month 3 5/16 3 7/16 2-month 3 3/8 3 1/2 3-month 3 7/16 3 9/16 Overnight mode: 3-1/8 LSS Bid Offer 7 ifcys 4 1/8 4 1/4 1 month 4 5/16 4 7/16 2 months 4 5/16 4 7/16
      540 words
    • 1188 29 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Mar 92 95.65 95.66 95.64 95 66 iloo 34H ***** Jun 92 95.35 95.38 95.35 95.36 4800 ***** ***** Sep 92 94.96 94.99 94.96 94.98 2800 6729 9729 Dec 92 94.27 94.28 94.25 94.28 1300 3725 6589 Mar
      1,188 words
  • Page 29 Advertisements

  • COMMODITIES
    • 372 30 Reuter SINGAPORE Burgeoning costs coupled with booming demand for oil in the AsiaPacific have pushed the region's oil companies into the unfamiliar arms of bankers and financiers, oil industry analysts said last Friday. "The importance attached to financing has changed because oil
      Reuter  -  372 words
    • 333 30 Reuter LONDON Russia has lowered export duties on most of its base metals, with new levels applying from the beginning of March. Traders said during the weekend that the tariff for copper is now 360 European currency units (ECUs) a tonne, down
      Reuter  -  333 words
    • 841 30 REPORTS TIN PRICE on the Kuala Lumpur Tin Market plunged to a 66-month low yesterday when it dropped six sen to close at MS 14.04 per kg from Friday's close. Dealers said the downtrend was due to higher offerings and lack of buyers
      841 words
  • 1515 30 Rubber Mar 9 HAS (fcfc In >■!■») Scents/kg Noon Close Int I RSS Prompt I3500/I3600N 135 00/I36.00N Inl I RSS Apr 92 135 00/135 50 135 00/135 50 Int 1 RSS May 136 00/136 50 136.00/136 50 Int 2 RSS OP 133 00/134.OON 133 00/134 00N Int 3 RSS
    1,515 words
  • Page 30 Advertisements

  • 1260 31 City Flight ETA Flight ETD City Flight ETA Flight ETD Abu MmM GA893 1500 GA974 GA886 2245 2245 MH605 SQ105 kilUAyl 1020 1050 1 OOA MH670 0950 Adtiilih SQ228 1910 QF82 2115 SQ107 1 ZZ\J 1305 ayiuo SQ108 145 AmstonUin KL837 GA893 SQ23 1340 1500 1815
    1,260 words
  • THE TRAVEL PAGE
    • 630 31  -  LETTER FROM AARLANDERVEEN By Ben Hirschler AFTER 2l)0 years of loyal service, the four elegant windmills at Aarlanderveen are set to he pensioned off. The local water hoard has decided that from next year this last area of land in the Netherlands protected against rising sea
      630 words
    • 152 31 As at 3pm yesterday: I>oca! dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2454 1.2623 Canadian dollar 1.3755 1.4035 NZ dollar 0.8985 0.9345 Sterling pound 2.8441 2.8827 US dollar 1.6530 1 6610 I/hiI dollars to 101) units of foreign current) Austrian schilling
      152 words
    • 63 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Mar 28- International Ban. Italv Fiera Del (39)80/*****2 April 7-12 International Helsinki. The Finnish Fair *****5091 April 5 Fair for Leisure. Levante Building Fair Finland Corporation Sports Tourism April 9-15 British NEC. Centre 021-*****18 April International Yugoslavia
      63 words
  • Page 31 Advertisements
    • 38 31 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations Check with your travel agent or call *****77 for more details. We know Europe from start to Finnish
      38 words
    • 24 31 For further information on which newsstands carry Her World, Go. Singapore Business, Home Decor. Young Parents, please call our Customer Services Section on 749-2577
      24 words
    • 56 31 FURORE OVER THIS MOVIE Turtle Beach, the controversial movie on the Boat People, will be screened in Australia next week. Malaysia objects to a scene which depicts Malaysian villagers slashing refugees trying to come ashore. They say it is |SH Today in The New Paper... new n n ewsy an
      56 words
  • Page 31 Miscellaneous
    • 276 31 Suit to embassy! (8) I I I I I I I I 10 Brave Watch Co gone JBIZ 12 Charge too much in sud- |h|— 'SMHI den H IH 13 Greek copy of muscatel iT ~1 perhaps (5) J 14 Sees change tence 17 Government with main 19 P traditions
      276 words
    • 169 31 Singapore Outlook: Showers over several areas in the afternoon. Report: Maximum temperature 32.6 Assoc humidity 59% Minimum temperature 23.0 Assoc humidity 97% Hours of sunshine 7.25 Rainfall in mm 1.3 Rainfall this month 32.5 Rainy days this month 5 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 22/15 Showers Bangkok 34/22 Cloud>
      169 words
    • 35 31 /H£R£ vouSIR Tec NQU WITH M Scene PVn OXFftM Shop I LESS SHINiy SEAT P.... sphere »-> eosi- y rvr (vm ft suit to) jy f romM 1 3 0629 A ASSOCIATED NEWSPAPERS ITO I*2 IW2
      35 words

  • 444 32 Measures prompted by growing budget deficits Reuter BEIJING China, faced with growing Budget deficits running to billions of dollars, plans to get tough with tax evaders and introduce innovations such as sales tax and inheritance tax, the official media reported yesterday.
    Reuter  -  444 words
  • 346 32 AFP HONGKONG Chinas leaders have urged the government to transfer to special economic zones (SEZ) preferential policies allegedly taken away two years ago, a Bei-jing-backed newspaper said here yesterday. The Wen Wei Po did not specify which were the policies that had been suppressed,
    AFP  -  346 words
  • 379 32 Reuter TOKYO An embarrassing loss in a key parliamentary by-election has put Prime Minister Kiichi Miyazawa on the defensive and could further cripple his largely ineffective administration. The defeat of the ruling Liberal Democrats' candidate in northern Japan's Miyagi prefecture, though
    Reuter  -  379 words
  • 223 32 Reuter WASHINGTON The race for the Democratic presidential nomination intensified, with lowa Senator Tom Harkin set to announce an end to his candidacy a day before voting in 11 states in the Super Tuesday primary elections. Mr Harkin's decision leaves
    Reuter  -  223 words
  • 411 32 Agencies JERUSALEM Former Prime Minister Menachem Begin, a leader of the revolt that created the state of Israel and later the country's only leader to sign a peace treaty with an Arab neighbour, died early yesterday in a Tel Aviv hospital. The
    Agencies  -  411 words
  • 161 32 UPI HONGKONG The United States will not lift its trade embargo against Vietnam in this election year but a partial lifting of the ban should come by June, an American business official said yesterday. In anticipation, Vietnam is holding off bidding for
    UPI  -  161 words
  • 894 32  -  The Bottom Line MANO SABNANI MANO SABNANI The writer is the editor of Business Times Successful nations, companies and individuals know that the seeds of failure are often planted in times of success. A successful business today, for instance, may be a troubled one
    894 words
  • Page 32 Advertisements
    • 125 32 V Singapore's most popular Nitsuko I Key Telephone System Investment Opportunity o*4 PRIME BRISBANE >4t\real \f«jESTATE I We can offer you the best selection of prestigious residential investment opportunity in Australia's fastest growing state. Talk to us about Cloudland townhouses, apartments, units and penthouses. Brisbane's most exclusive and secure residential
      125 words
    • 320 32 SINGAPORE COm fS Distributor of the most sought after Key Telephone System Tel: *****88 J GIVE YOUR HQ DIE EXECUTIVE JREAIMENT Dmnfushed worry knes leading to fine lines Removed f the look of wed baggy u,u« W 'ifM^ if W ,»ML_ ttle °neetof Jk v furnjmad V stress knes Removed
      320 words

  • SHIPPING TIMES
    • 741 33  -  By Rahita Elias SINGAPORE Indonesia's shipbuilders once again face the challenge of having to keep up with the Indonesian government's inter-island fleet replacement programme. A PT Jardine Fleming report said that the first phase of the programme, which started in 1985 and
      741 words
    • 170 33 AP MANILA Japan will aid in converting a Philippine government shipyard to private operation on condition that military ships should not be serviced there without Tokyo's approval, government sources said. The sources, speaking on condition of anonymity, said Ambassador Toshio Goto had told
      AP  -  170 words
    • 862 33 Page Col ABC Containerline 12 1 Accord Group 8 1-3 APL 5 3-5 APC Line 13 5 Arrow Inter 9 2 ASCL 5 9 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 10 1 Bangladesh Shpg 8
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    • 401 33  -  New system will cut down package delivery by half a day By Juliette Walker SINGAPORE In a trendsetting move. DHL Worldwide Express became the first air express company to establish a direct interface with Singapore Customs to speed up and simplify customs clearance. The electronic data
      401 words
    • 428 33 UPI BANGKOK Marine police and rescue workers towed to shore yesterday parts of the hull of a passenger ferry shattered by a collision on Sunday with an oil tanker and resumed the search for victims of the accident that killed at least 87
      UPI  -  428 words
    • LOG BOOK
      • 66 34 SINGAPORE The Anro consortium, which plies the Straits-Australia trade route, has replaced the Anro Melbourne with the Anro Bangkok. With a capacity of 1,048 20-ft containers, including 140 reefer slots, the Anro Bangkok will improve main port frequency to only eight days. The vessel
        66 words
      • 107 34 AVARUA Shipping Minister Vaine Tairea has denied union allegations that Cook Island's registered ships fail to comply with international standards. In an interview he said the claims, made by international maritime unions, were "an insult to the Cook Islands." Of 20 ships registered under the
        107 words
      • 67 34 BRUSSELS A stricken Chinese freighter which collided with another vessel in the North Sea has been towed out of Belgium's territorial waters, informed sources said on Sunday. The sources said the Long Lin, which collided with another freighter, the Cast Muskox, in the British zone
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      • 76 34 BOGOTA Left-wing Colombian guerillas blew up an oil pipeline and a tower handling 10,000 telephone lines on Saturday on the eve of municipal elections, police said. Guerillas blew up a section of the Trans-Andean oil pipeline near Ricaurte, 600 km south-west of the capital Bogota,
        76 words
      • 95 34 JOHANNESBURG South African ports will handle seven million tonnes of maize and other grain imports destined for the local drought-hit market and those of neighbouring states, said a spokesman for harbour authority Portnet. The import programme for the 1992/3 marketing season would place considerable pressure
        95 words
      • 88 34 PARIS Dockers in nearly every major French port overwhelmingly responded on Friday to a call to strike for the 20th time in five months over plans to reform the existing dock labour scheme. Ahead of the next strike, due at an undisclosed time next week,
        88 words
    • 827 34  -  The Philippine National Railways marks its 100 th year in November; but with only half its system running and crippled by losses, it may not be around to celebrate its centenary. Karen Emmons reports Karen Emmons THE 8:40 Penafrancia Express sputters out of the station
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    • 815 34 COURSES Mar 10-Apr 21: Standard Trading Conditions course, organised by Singapore Freight Forwarders Association. (SDF: 70%). The course is also open to non-mem-bers. For course details and application forms, please contact SFFA at tel: 296-4645 or fax: 292-2504. Mar 12-Apr 16 (6 evenings): Course on Marine Insurance, organised
      815 words
    • 6682 42 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. Advanced dates are published for a maximum
      6,682 words
    • 3347 47 Containerline NV: Bolsin Shpg Agencies Pte l td (SV Marine Handling Sdn Bhvl (PK/PN) Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine Calsource Shpg A I rdg Pte Ltd (S) Xhrenkiel liner Service Kim Shpg A Trdg(S). Ahatroa Sea-Air Service: Frata Shpg
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    • 257 47 Abacus Couriers Tel: 545-8011. Fax: *****98 Air Express Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844 Fax: *****16. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. City-Link International Td: 344-3377. Fax: *****50. Cluster Link Supplies A Services
      257 words
    • 1523 47 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aeroiink Freight International Tel: 545-803lFax: *****05. AerosDeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Expresa Tel: 542-5454. Fax: *****06. Air Express Internationa] Tel: 542-7666. Fax: *****74, *****50. Air Market
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    • 3275 48 ARGENTINA Labour working normally. Buenos Aires: Port busy with most general cargo berths occupied. Over the last few days, some vessels needing deep draft berths have had to wait up to I day. Fiscal depots, particularly open yards for import containers, continue to be congested. San Ixireiuo: Five
      3,275 words
    • 1067 48 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers El Delantero: 131,260 dwt and built Jan 1974 Nippon Kokan. serious sellers on as-is basis. Milamores: 69,808 dwt and built 1989 Hashihama Tadot, owners have received an offer of U5525.75 million and are expected to counter closely Tamar: 65,419 dwt and
      1,067 words
    • 558 48 ARRIVALS DEPARTURES Op Flight T)pe ETA T From Op Flight I'ype FID T To TODAY TODAY NCA KZ203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL NCA KZ204 B747F 0335 I BKK/NRT JAL JL617 B747F 0345 I TYO KAL
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    • 430 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Nnt of Vessel ETA ETD Ports of Calls Port Agent MARCH 10 10 Asuka 1000 2000 Sin-HK NYK Agencies 10 10 Cora Princess 1000 1800 Sin-Jakarta Harpers Shipping 11 II Nippon Maru 0800 1600 Sin-Tokyo Mitsui OSK Lines 12 12 Royal Pacific 1000
      430 words
    • SHIPS IN PORT
      • 627 49 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departue Marina Terminal 1 Batam Maiu *****2 M04 alongside 1003, 0500 Batam Murm *****2 M04 alongside 1003/2300 Batam Sayang *****2 M05 alongside 1003/0500 Batamindo 1 169S MOl 09 03/1900 Sembawang Terminal Ds Pioneer E113 S02 alongside
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      • 235 49 Johore Port Berth: 1: Eastern Barge One; 2: Bai Yun Shan; 3: ml; 4: Capricorn No 1; 5: Pernas Suasa; 6: Uni Moral. Oi jetty: nil. DCJ: ni. Due on Mar 9: Harukaze, Kraton. Juta Jaya, Bangkhuntien. Myomaywa. Alioth SS. Ryo Kim, Singapore Bridge. Due on Mar
        235 words
      • 1173 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookrj/Balance RsJts Shp Voy No Etb/Btr Period From To From 4CX Jade 75A 11/1500 2 09/1700 10/0659 10/0900 4 10/1200 10/1459 10/1700 Alb America ***** 11/0900 1 09/1500 09/1659 09/1900 2 09/1700 10/0659 10/0900 3 10/0700 10/1159 10/1400 4
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    • 145 50 AFP TAIPEI Taiwan and France have agreed to cooperate in the production of 16 La Fayette frigates at a cost of US$4.B billion (SS7.B billion), defence officials here acknowledged for the first time. The defence ministry here had previously denied reports of the deal or
      AFP  -  145 words
    • 482 50 Government plans to build a fifth dock Reuter BEIRUT For 15 years it was a graveyard for sunken ships, a militia artillery post and a frontline in Lebanon's civil war. Now. with the demise of the pirate ports that clung to the Lebanese coast like seaweed.
      Reuter  -  482 words
    • 270 50 UPI COPENHAGEN Russian Foreign Minister Andrei Kozyrev and his Norwegian counterpart Thorvald Stoltenberg agreed on Sunday to quicken the pace of cooperation to map maritime nuclear dumping by the former Soviet Union in the Barents Sea. "We believe there to be
      UPI  -  270 words
    • 267 50 Reuter TOKYO Japan on Sunday unveiled a high-speed train aimed at restoring pride in a nation that ran the world's fastest trains in the 1960s and winning foreign contracts and new travellers at home. The train left the ancient capital of Kyoto earning nearly 1.000
      Reuter  -  267 words
  • Page 33 Advertisements
    • 28 33 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. litr tuber I mm; enquiries, contact Shipping Time 1,1 740 :im/74i>2im
      28 words
    • 83 33 Nedlloyd FAR EAST TO EUROPB MEDITERRANEAN CALL: 221 8989 ■'"> ,;r-* vk%'> i -ilMr *W^Se! <,V r \<*C: '-vv-' •> >■ <*' T 4 t' y J ;J i i 4 I ft I SOME OF OUR TOP TALENTS ARE OVERSEAS. BRING THEM HOME. A paper subscribed by Singaporeans abroad.
      83 words
    • 237 33 Philippine National Railway turns 100 THE Philippine National Railways will turn 100 years old in November, if it lasts that long. Forget about romanee and adventure, or sometimes even service when riding it. The train rolls across garbage and human waste dropped by squatters living in shanties an arms length
      237 words

  • Page 34 Advertisements
    • 98 34 f*. I* \jr f y^r \iSmKr)> It could be a controversial deal between two stock market stars, a thought-provoking report by (_~n( university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is
      98 words

  • Page 35 Advertisements
    • 2649 35 OOCL (S) PTE LTD JAROINE SHIPPING AGENCIES *****11 *****09 \lll#^ BOOKINGS TEL *****234 *****58 ■llllf TERMINAL/CFS TEL *****218 220 It RAAAfI Ti PESAKA JAROINE SHIPPING AGENCIES SDN. BHD k \KKKr J PORT KELANG TEL *****18 FAX *****91 *****88 i PENANG TEL *****4 FAX *****1 CFS TEL *****6 Dedicated to Quality
      2,649 words
    • 1539 35 TRANSPORT DIARY SEMINARS AND EXHIBITIONS Mar 10-14: Cruise Shipping 92 Conference Exhibition, organised by Seatrade at Miami Beach Convention Centre. Miami Beach. Florida. USA. Mar 19: New International Trade Terms and Rules of Shipping Practices Seminar, organised by Elim Management Services. For details, please contact tel: 292-5670 or fax: 298-1804.
      1,539 words
    • 1450 35 ■□liV.HiHU'k'a TWO SAILINGS TO U.S.A. MARGRETHE MAERSK V.9204 ETA SIN 17/3/92 ARTHUR MAERSK V.9206 ETA SIN 16/3/92 vessel Voy ETA 1 ETO Feeder by DESTINATIONS World lynx/ Johanna to This week Margrethe Maersk 9204 CY 17/3 0800 MRS Port CfS 16/3 2359 HRS Kelang Penang OAK LGB MOU MEM ATL
      1,450 words

  • Page 36 Advertisements
    • 1547 36 R'DAM/ VOY NO S PORE JEDOAH S HAMTON H BURG ANT LE HARVE LA SEINE 23/110 12/3 21/3 4/4 31/3 30/3 HTMiJ HOECHST EXPRESS 02/310 15/3 1/4 3/4 6/4 7/4 KAGA 23/111 19/3 28/3 11/4 7/4 6/4 IMT 01UK1 KMM HANNOVER EXPRESS 07/311 22/3 8/4 10/4 13/4 14/4 KURAMA 15/112
      1,547 words
    • 749 36 SEABPAC SERVICE CONTAINKHB V BKCAKBULK DWECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT PALEMBANG 3301 EB 25-27/3 7/4 10/4 14/4 COPIAPO 3403 EB 9/4 25/4 27/4 3/5 Transit Time (13) (16) (22) ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA. NUKUALOFA. P. VILA FASTEST SERVICE TO CHILE/PERU SIN
      749 words
    • 1584 36 £in REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BR£ ROT ANT FEL LHA (VIA (MA (MA ALG) HAM) ROT) NOR ASIA SAMANTHA 9202 3 U/03 06/04 08/04 12/04 13/04 14/04 15/04 16/04 17/04 NORASIA SINGA 9203 3 22/02 13/04 15/04 l«/ 04 20/03 22/04
      1,584 words

  • Page 37 Advertisements
    • 1963 37 H STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa*: *****17 ACCEPTS DUI SAIS CARGO SKXU B'KOK RAJAH BROOKE VOCE Muari. Lab. KK In rt U Mar PEGASUS PROGRESS 707N 12-13 MA* (OtSCH ONLY) STRAITS HOft *031 Muara. Skan, law 11-12 Mar In
      1,963 words
    • 2350 37 t SINGAPORE AGENT: AtltQ ItIPI*C P4O Containers (Singapore Agencies) Pte Ltd X kXV/ 9 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 WT Tel: 225 2233 Tele* RS ***** PNOCSP Fax: 225 5327/222 7517 w x C« Number **********0Z EXPORT IMPORT lllssZ E Basis SSrar sS r
      2,350 words

  • Page 38 Advertisements
    • 551 38 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE "SL'VOY S PORE ROMI ADAM H'BURG BRIMtN WPMERP MAIMUM/31W In Pt 12/4 16/4 20/4 23/4 SAIWUAYA/ 34W8 15/4 18/5 23/5 27/5 30/5 KUTAI/2SWB 2/5 5/6 10/6 14/6 17/6 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject to Inducement. Also accepting cargo
      551 words
    • 1418 38 HANJIN SHIPPING FDR «L I* HAUL IEB OU FOR VS. SM |l*C MAU UK U ITC HANJM VANCOUVER (OK IS/3 OKCT 5/4 8/4 HANJM KUKSAN 072E 16/3 M PWHTOB 0304 23/4 M/ 4 M/ 4 HANJM SCATTLE 022€ 22/3 OKCT 12/4 IS/4 FISHGUARD MY 2MN 23/3 N SAVANNAH 031E 31/4
      1,418 words
    • 1304 38 I mi t«t nt m«tobm*no uu cm u wrciw ami im tir img no cm fn w I I gentu *M 3 itn n/3 it/i u/3 »/3 23/1 m/i */i im a/i 20/1 im uj* a/* s/s t/5 in i/o o/s io/s 20/s v* 3/1 f METT Ml* 17/3 l»/3
      1,304 words

  • Page 39 Advertisements
    • 1541 39 j NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 Mm ma UK/EUROPE SERVICE *****89 IMPORT CFS MB2: .*****69/*****96 AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 NEPLINE SDN BHD
      1,541 words
    • 282 39 l itmMnw> VTy KAOHSWNG 12/3 I COLOMBO 8/3 EJ P KEELUNG 9/3 BOMBAY 8/3 HAMBURG 8/3 EE a 0 tin KARACHI 8/3 LEHARVE/LONDOM 8/3 o/i MAOMS 3 FELIXSTOWE 8/3 CHITTAGONG 11/3 GENOA 13/3 .J;, 3 CALCUTTA 8/3 MARSEILLES 13/3 £ItT KELANG 5/3 [ROTTERDAM 8/3 Zl*T sydney 971 JK.u.• I DUBAI
      282 words
    • 186 39 Wn HEUNG-A SHIPPING WggjjM Korean Flag Vessels STRAITS/KOREA SERVICE mi sm we tyi mc hoi NO J DOMM V 703 M SUIIMTI 13 14/13 II 11/03 2J-M/U 25/03 20/03 11-11/13 fUBITO CODTIS VW2IO 17 11/13 IJ-U/03 MM/13 20-2S/03 30/03 31/13 •CHOTMK LAND VJKI2 24 25/03 2* 20/03 31 31/03 04-05/04
      186 words
    • 786 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUNO—DftCHARGWG WESTBOUHD-LOAOW6 TRAHSMPPED WA ROTTERDAM] »ot sw mi me
      786 words

  • Page 40 Advertisements
    • 1551 40 K 4 4"W IF" f f AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W W W7* TEL.- *****77 TELEX KAWAKIRS23I6S FAX: *****07/^9 I I I r%| H MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD JL m* U m 111 U d TEL: SA *****00 PK *****01/5 PENANG
      1,551 words
    • 1186 40 PHIU-ORICNT LIN€S PTC LTD 4% V* 108 Robinson Road *07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA.... Jt&r WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUrnUkLWMCWZEALAMDmOUTH PACIFIC -y f FCU.CL 07 MAR SYDNEY. MELBOURNE.
      1,186 words

  • Page 41 Advertisements
    • 1213 41 pacific international lines (PTE) ltd SSSSSSSS tm tm ilfli 140 Cecil Street. #03-00 PIL Building, Singapore 0106. Tel: *****33 CR MO: tJAKARTA— [BANGKOK "l VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN EQUATOR HAWK 37N 11/3 13/3 ,-7- SRISAMUT (THAI FLAG) SRS2O9 11/3 14/3 It/3 KOTA RAKYAT 111
      1,213 words
    • 1270 41 EacßenV Ist1 st ciass container transport FEEDER VESSEL PENANG PKELANGI OCEAN VSL/VOY SIN SOU (t) RTM (2) HAM (3) GOT (4) ANSON/ TBN 6/3 7/3 TOYAMA 2092 10/3 27/3 2973 3075 iTT" ANSON/TBN 13/3 14/3 AROSIA 2102 17/3 374 574 674 aTT" ANSON/TBN 20/3 21/3 NIHON 2112 24/3 i 074
      1,270 words
    • 511 41 MYANMA M FIVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kl| Pen PGdj MYOMA YMA VI4OW In Port AVA VII4W 13/16 Mar In ft HPA-AN VI74W 12/14 Mar PAGAN V 1 SOW 10/19 Mar THE BANK LINE (A Mrvlce ol Andrew W»lr Shipping) Vi SEMI-CONTAINER SERVICE
      511 words

  • Page 42 Advertisements
    • 739 42 pTRSTS^APAN^TRAIT^ERVICn I SPECIALIST IN RO-RO t HEAVY LIFTS I I INBOUND VESSFIS I I V(SttL VOY !P P* KUC KK I I 41 SU 11/3 I IMM ML AN* H 12/j ||/j I I SEAI AHIISMI 70 I* ft I|/) I I TIANSMTO 37 H/J 11/J I OtANCE MOON 23
      739 words
    • 95 42 \REGULAR CONYEmiCTMLSERvIcEV I S pore P Kelang Loading for I DS PIONEER Sid 12/3 Rdm Atw UK Nantes I FURIA 15/3 18/3 Rdm Atw UK Nantes [Spore Loading (or I 15/3 Aden Hodeidah 'Jeddah I HIiSE 15/3 Hodeidah/Jeddah Aqaba Port Said I 20/3 Dubai/Dammam/Bahram Kuwait I S pore Loading for
      95 words
    • 86 42 WEEKLY Ml CONSOLIDATION J^j 3=Singapore=lndla BOMBAY MADRAS CALCUTTA f COLOMBO KARACHI CHITTAGONG f FAX: *****83 ***** EUROPE/S.E.fl. BREAKBULK SERVICE VESSEL Pf SL JIN Bl BREMEN 7-10/2 ANTWERP 11-15/2 TO PORT KELANG, SINGAPORE 18/3, HONGKONG KAOHSIUNG, OSAKA. CHIBA GOLDEN FALCON GDANSK 26-28/2 ANTWERP 1-6/3 TO PORT KELANG, SINGAPORE, KEMAMAN. HONGKONG, KAOHSIUNG,
      86 words

  • Page 43 Advertisements
    • 1229 43 NEDLLOYD GIVES YOU FAST TRANSIT. TO/FROM S. AFRICA Sffih. FEEDER VESSEL PKG PEN OCEAN VESSEL SIN LEH RTM(I) HAM(2) BRV FL* SOU GOT VEMEL Jkt PJ(| *f«n *Bkk Sn S'baya Auckland Fiji(A) NJtyi»rth(A) Timaru LytWton(B) Duw<fin(B) Napwr WeSngtonfC) Tawanga few/01 6/3 ,0/3 28/3 29/3 31/3 30/3 3„3 1/. !SS' ,Jg
      1,229 words

  • Page 44 Advertisements
    • 823 44 TO AUSTRALIA/NEW ZEALAND ¥V im Frwn IMb Sid Audi NPf t CHMM EiifN h«g 2ti~ 20/1 7773 iTS To 7« TiTi ■•USSfI 2*l 12/4 tJ/« ?3/4 ?//4 37s sTs ~c vtxoiMi liTi I/s j/5 10/5 uTs Ts7s AHTHWHtfIN 230 11/5 I J/5 22/5 27/5 ?7s S/« TO USA/CANADA YM S»
      823 words
    • 901 44 EXPORTS TO HONGKONG, TAIWAN, MANILA t JAPAN TWICE WEEKLY" MALACCA STRAITS SERVICE [OUTBOUND VOY j«L~ PEN JUT SW MNI HKG KAO KEE TYO YOK SM2 N6O KOB If VESSEL VOY |SM |PKL PEN BLW SM ACX Lit 218 "9 3 "11 110 3 13 3 17 3 19 3 24
      901 words
    • 158 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD tl* ETA ETA SPORE PORT KELANC PENANG BLUE lADE 18/3 loidini tot Mate RUVAI HUDHU 20/3 Lo«lioe lor Calcutta ooinm 12/j h Load.* Fot Male (Ba««tio») PWK* SUPREME m Pt Loadini For Male DONAKU.M 21/3 Loaded For Felniaru PROGRESS LBERTY Sa.t«j loading
      158 words
    • 1701 44 ftea CHINA OCEAN SHIPPING COMPANY L PULL CONTAINKR LINKR SERVICE MALAYSIA'S AGENTS: SINGAPORE'S GENERAL AGENTS iconesia s CHUNG CHIAO SON BHO COSTAR SHIPPING PTE LTD Kl Til: *****91/17 FAX: *****92 ***** m. *****00/*****33 INDONESIA MARITH® P KIANG TIL *****06/8 Til MA »503 rA»» IKT TEL (021)*****7. *****4 PENANG TEL *****1
      1,701 words

  • Page 45 Advertisements
    • 636 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S'PORE 0207 HOT LINE *****33 24 LINES GUARANTEED 3 TIMES SAILING WEEKLY LCL SERVICES FROM KOBE OSAKA TO SINGAPORE i VESSEL NAME |VOY WO |EX KOBE [EX OSAKA I ETA SW ACX LOTUS 23A 13/03 16/03 24/03 ALIGATOR COLUMBUS ***** 16/03
      636 words
    • 815 45 (rtnil «ICHFIELrTKTmII?TGSIcIEsTs)™rTI^F ■9 TEL: *****33 (12 Uom) BFAX: *****15/*****03 TELEX: R8 ***** RMHIP (3 LIom) [f<T\ ETHIOPIAN SfIIPPMG UMES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL vov ETA loading for SPOB£ ABYOT 28WB IS/04 OARESSALAAM. MOMBASA DJIBOUTI ASSAB MASSAWA ABBAY WONZ 33W8 8.05 OARESSALAAM MOMBASA DJIBOUTI ASSAB
      815 words
    • 821 45 JAKARTA BANGKOK *5 mmm [mm. Iml mmem l mmm \l*] BtNJA BHUM 24J U/03 14/03 SKI BHUM' 4WW In ft 10/03 Tri 12/03 AM BHUM 134J 14/03 17/03 MM* BHUM# 99H Thur 12/03 Siw IS/03 I WUA BHUM 2M l«/ 03 21/03 iMU BtMH## lON fri 13/03 Mi 10/03 jjU
      821 words

  • Page 46 Advertisements
    • 1961 46 MAC-NELS S'PORE MPORT: *****11 I PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 j UK/SCAN/MEDPORTS i COLOMBO/S. AFRICA j I PEN PK SIN Ctomli. 13/3 U/1 if/i 1 5 3 I® 7 3 7
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