The Business Times, 19 March 1992

Total Pages: 50
1 50 The Business Times
  • 16 1 Business Times MITA (P) 35/12/91 Thursday, March 19, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*
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  • NEWS SUMMARY
    • 56 1 MANILA Foreign equity investments in the Philippines rose to U*****.29 million (SS6BI million) in 1991, up 90.8 per cent from the previous year, the Central Bank said here yesterday. A total U5588,271 million were ploughed in in the last quarter, of which U5574,104
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    • 31 1 MAE SOT, Thailand Two hundred Myanmar soldiers withdrew from positions inside Thailand yesterday, after being shelled and bombed by Thai forces. Thai military sources said.
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    • 44 1 JAPANESE business leaders are concerned about major cracks in their system, says the Executive Opinion Survey of the World Competitiveness Report of 1992. These cracks include national protectionism, discrimination against foreigners, and the emergence of shinjinrui, or the new race. Page 2
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    • 31 1 THE US is deferring a decision on trade retaliation against Thailand until a new government is installed. Thailand's general election will be held on March 22 Page 3
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    • 32 1 A RELATIVELY unknown company, Yong Da Pte Ltd, has submitted the highest bids for five of seven former septic tank sites in the recent Land Office tender Page 4
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    • 43 1 MALAYSIA'S external debt service ratio was cut back from 18.9 per cent in 1986 to an estimated 6.4 per cent last year. It is projected to decline to below 3 per cent in the next few years Page 9
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    • 40 1 THE CHINESE will pay a lot more for the basics of life rice and bread from April 1. However, workers will get a pay rise to help cope with the new prices, said officials. Page 10
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    • 51 1 SHIP FUEL supplier South Eastern Oil (S) Pte Ltd is due to take delivery of a newlybuilt bunker barge. As part of its fleet renewal programme, the 3,500 deadweight tonne SEO Satu will replace the smaller of its two bunker barges early next month. Shipping Times Page
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  • MARKETS SUMMARY
    • 28 1 WALL STREET stocks were lower yesterday, with the Dow Jones index of leading industrials dropping 4.03 points in the first five minutes of trading to 3,252.01.
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    • 40 1 LONDON shares were mostly weaker at midday yesterday after two new national opinion polls placed the opposition Labour Party five points ahead of the Conservatives. At about noon, the FTSE 100 index was down 14.1 points at 2,477.1.
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    • 29 1 SINGAPORE Computer Systems Ltd (SCS) achieved a 14.6 per cent rise in earnings to $2.83 million for the year to Dec 31, 1991 Page 5
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    • 32 1 CEREBOS Pacific Ltd will more than double the number of Pizza Hut outlets in Singapore and Malaysia over the next five years, said managing director Jim Skinner. Page 5
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    • 26 1 INTERNATIONAL Business Machines Corp disclosed that chairman John Akers and four other top executives have accepted big reductions in compensation Page 7
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    • 25 1 INDUSTRIAL Finance Corp of Thailand (IFCT) has secured a US$2O million long-term loan to fund development projects in Thailand. Page 8
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    • Article, Illustration
      29 1 Wednesday Change BT-MGA 693.63 -2.02 Kuala Lumpur ....600.40 5.91 Tokyo 19.764.31 -153.32 Hongkong 5.036.07 -9.32 Sydney 1,568.0 -10.8 Tuesday Change New York 3.256.04 +19.68 London 2,491.22 +20.5
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    • 29 1 London GoM AM fix USS340.00 -USS3.35 Exchange rates USS SS 1.6515 100 Yen SS 1.2394 MS SS 0.6349 Money market rates Overnight 3 -1/4 3-month 3 7/16 unch
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    • 31 1 Rubber S'pore Apr.... 137.25'/kg unch M'sia Apr 212.00*/kg unch KL Tin Turnover SI tonnes -11 Spot MS 14.19/kg +0.08 Crude palm oil Turnover 1,122 lots -209 May MS933 /tonne +12
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  • 604 1  -  Move will give Canadian group a much-needed foothold in Asia By Sylvia Wong SINGAPORE Barely two months after winning a tussle with Hongkong's Wharf (Holdings) Ltd for control of Regent International Hotels, EIE International has roped in Four Seasons Hotels Inc
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  • 304 1 Agencies SINGAPORE Hongkong investors showed their traditional mistrust of local blue chips shopping abroad yesterday by sending shares tumbling after Hongkong and Shanghai Banking Corp's parent, HSBC Holdings pic, announced merger talks with Britain's Midland Bank. On Tuesday, HSBC
    Agencies  -  304 words
  • 527 1 South Africa's referendum Reuter, AFP, AP CAPE TOWN South Africa's President Frederik de Klerk got a 68.7 per cent mandate for reform yesterday, according to final official results of Tuesday's whites-only referendum. "Today we have closed the book on apartheid and
    Reuter,; AFP,; AP  -  527 words
  • 490 1  -  From Maggie Ford in JAKARTA PT MANTRUST, the Indonesian food conglomerate which is unable to service some US$4OO million (Ss66o million) of debt, expects to produce a restructuring plan next week. The plan will be put to a committee formed
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  • 96 1 Reuter SEOUL South Korea has relaxed its stock market registration requirements that had barred overseas unit trusts, investment trusts, co-mingled pension funds and non-limit-ed companies such as partnerships, from investing, the Securities Supervisory Board (SSB) said. South Korean rules about legal identities initially served
    Reuter  -  96 words
  • Page 1 Advertisements
    • 136 1 fßurberrysl l i Reigns when it pours I Aircraft Schedule 31 KLSE 23 World News 10,11 Ad Marketing 31 Money Changer Rates 31 For market indices, editonal. Commodities 30 Money Market 29 advertising and circulation exCompany News 5-7 Regional News 9 tensions, cal Business Times Cryptic Crossword 31 S£S 20-22
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    • 10 1 Profiles of EIE Int'l Corp and Four Seasons, Pg 2
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    • 170 1 Yesterday in Parliament Reports in Page 3: Older workers will need to put more into Medisave, NTUC may run Tan Tock Seng Hospital Singapore Bus Service profits not excessive, says Mah Small rise soon in hospital fees but healthcare to stay within reach India prefers the status quo INDIA does
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  • PAGE 2 NEWS
    • 673 2 This makes successful conclusion of Uruguay Round even more vital, says Gatt Reuter GENEVA Growth in global commerce slowed for the third consecutive year in 1991, making a successful conclusion to the long-run-ning Uruguay Round negotiations even more important, the trade watchdog body
      Reuter; Source: GATT  -  673 words
    • 536 2  -  By Salil Tripathi SINGAPORE Conventional wisdom says that if Japan Inc is worried about one issue, it is the emergence of shinjinrui, or the new race, which is more hedonistic, possibly less competitive and, horror of horrors, wants to work shorter hours and
      Source: World Competitiveness Report-1992  -  536 words
    • 416 2  -  Profiles of EIE and Four Seasons Reports by Sylvia Wong SINGAPORE In entering a joint venture with Four Seasons Inc, debt-ridden EIE International Corp will be handing to the new company over 150 billion yen (SSI.B billion) in debts associated with its subsidiary, Regent International
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    • 218 2 SINGAPORE Canadianbased Four Seasons Hotels and Resorts Inc will get a presence throughout North America, Asia and Europe through its joint venture with EIE International Corp. It is already the largest luxury hotel operator worldwide, said John Johnston, regional vice-president of
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    • 304 2 Reuter, FT BANGKOK The Thai Cabinet yesterday approved a proposed national budget for the year starting Oct 1 that calls for a moderate 18.4 per cent growth in expenditure without incurring a fiscal deficit for the government. The outgoing government of Prime Minister Anand Panyarachun
      Reuter,; FT  -  304 words
    • 238 2 Reuter TOKYO Japan's scandalplagued top brokerage houses said yesterday that they expect to post big drops in earnings for the year ending March 31. The worsening situation has prompted the Japan Securities Dealers Association (JSDA) to introduce new association rules to tighten managerial
      Reuter  -  238 words
    • 527 3 Yesterday in Parliament Higher rates needed so they can cope with rising healthcare costs SINGAPORE From July 1, older workers will have more money put into their Medisave accounts, while the self-employed will have to start making Medisave contributions to help
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    • 248 3 SINGAPORE The Government has received the consultant's report on the privatisation of the Civil Aviation Authority of Singapore (CAAS) but has yet to look into its recommendations, Communications Minister Mah Bow Tan said yesterday. But so long as privatisation helps Changi Airport
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    • 202 3 SINGAPORE The labour movement may take over the running of Tan Tock Seng Hospital on a non-profit basis. The government and the National Trades Union Congress have been talking about this for months but NTUC has yet to say yes, Health Minister Yeo
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    • 232 3  -  Reports by Chuang Peck Ming,Dexter Lee SINGAPORE Singapore Bus Service (SBS) does not make excessive profits, hinted Communications Minister Mah Bow Tan yesterday in response to a point made by Cheng San GRC MP Heng Chiang Meng yesterday. Mr Mah said: "In the
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    • 243 3 SINGAPORE Hospital fees are due to go up later this year but Singaporeans should not fear this as the government will make sure that healthcare still stays within everyone's reach. Health Minister Yeo Cheow Tong said. The increase
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    • 462 3 SINGAPORE The Government will allow only educational and social services organisations to make use of void deck space in Housing and Development Board flats. Minister for National Development S Dhanabalan said applications from political parties and trade and clan associations would not be entertained. This policy would ensure
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    • 677 3  -  From Michelle Rowe in BANGKOK THE United States is deferring a decision on trade retaliation against Thailand over copyright protection until a new Thai government is installed in upcoming elections. Announcing this over the weekend, Carla Hills, the US Trade Representative, described
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  • Page 2 Advertisements
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  • Page 3 Advertisements
    • 25 3 The Royal Oak l3\x -r 'i One of the great designs of the 20th ni century. And AUDEMARS FIGUGT probably the next The master watchmakers.
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    • 201 3 Australian Investments CBD building of 8,462 sq. metre*, 10 level*; basement Newly completed international 4 star hotel; 145 prying for 38 car*, ground and upper ground floor, 6 office rooms/suites, restaurant, bar, conference rooms and levels and penthouse. Refurbished, with secure tenants recreation areas. Significant depreciation allowances, Endeavour Credit Union,
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • 56 4 SIEMENS AG of Germany has been awarded a DMI2S million (S$ 125 million) contract by the Public Utilities Board for equipment for three substations. The installation of 17 bays of switchgear has begun at the Kampong Java substation. Similar equipment will be installed at Jurong
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      • 53 4 THE relay triathlon in this year's National Kidney Foundation Lifeforce Games has attracted 250 teams. The 55.5-km race, organised by Changi and Metropolitan Singapore Lions Club, will take place this Sunday. It will start at 3pm along Changi Coast Road. Race proceeds will help pay for dialysis treatment
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      • 32 4 THE Singapore Labour Foundation has set up the whollyowned subsidiary SLF Management Services to provide in-house management services. The subsidiary will also handle projects for other organisations.
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      • 59 4 UPPER Thomson Road, between Springleaf and Mandai roads, will be closed to traffic between lam and sam tomorrow to facilitate road and bridge works. Meanwhile, work has started on converting Sembawang Road, from the junction of Mandai Road to Canberra Road, into a three-lane dual carriageway. It is
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    • 389 4 PRIVATISATION will be one of the main features of economies and industries worldwide over the next 10 years as demand for cheaper and better good and services intensifies, says an expert in managing the transition. "In my view, privatisation is a preclude
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    • 424 4  -  By Colin Tan A RELATIVELY unknown company has submitted the highest bids for five of seven former septic tank sites in the recent Land Office tender which closed on Monday. Yong Da Pte Ltd was among several bidders tendering for sites ranging from
      424 words
    • Article, Illustration
      118 4  -  By Arthur Lee PORSCHE'S new 968 model has just arrived in town. First shown at the Frankfurt Motor Show last September, the car is powered by a threelitre, four-cylinder, 16-valve engine producing 240 bhp. It goes from zero to 100 kph in 6.5 sees and is one of
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    • 419 4  -  By Shoeb Kagda GIANT Sri Lankan conglomerate John Keells Holdings has set up a regional office in Singapore as part of its globalisation drive. John Keells Singapore, the first pverseas office to be set up by the 130-year-old company, will act
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  • Page 4 Advertisements
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  • COMPANY NEWS 1
    • 459 5  -  By Carolyn Lim SINGAPORE Singapore Computer Systems Ltd yesterday posted a 14.6 per cent rise in earnings to $2.83 million in its first set of results as a publicly-listed company. Turnover for the year to Dec 31, 1991, grew 9.26 per cent to $127.38
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    • 405 5 But group earnings drop 1 lpc despite rise in turnover SINGAPORE Hour miller Prima Ltd managed to turn around its milling operations to post a net profit of $2.7 million for the year ended last December, compared to a loss in 1990 of $5.1
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    • 435 5  -  Cerebos also plans to boost Brand's output to meet strong demand By Genevieve Cua SINGAPORE Cerebos Pacific Ltd (CPL) plans to more than double the number of Pizza Hut outlets in Singapore and Malaysia over the next five years, dispelling market speculation that
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    • 649 5  -  THE HOCK LOCK SIEW COLUMN By S N Vasuki SINGAPORE It was the most eagerly contested bid in recent times. Eleven throroughbred international stockbroking firms had applied for international membership on the Stock Exchange of Singapore (SES). After months
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    • 317 5  -  By S N Vasuki SINGAPORE CMB Packaging Singapore Ltd has achieved an 8 per cent rise in turnover and a hefty 78 per cent rise in net earnings, thanks to its strategy of cutting costs and improving productivity. Group turnover for the
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    • COMPANY BRIEFS
      • 93 5 KUALA LUMPUR National car distributor Edaran Otomobil Nasional Bhd recorded a 54.3 per cent increase in 1991 group pre-tax profit to M$ 174.155 million (S$ 110.57 million) from a year earlier. This was registered on a 23.8 per cent rise in group turnover
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      • 66 5 KUALA LUMPUR Kumpulan Guthrie recorded a 83.5 per cent rise in 1991 group pre-tax profit to M$ 118.056 million (5574.95 million) from a year earlier. Group turnover grew 5.7 per cent to M 5892.874 million. Kumpulan Guthrie attributed the increased in profit to higher commodity prices
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      • 86 5 KUALA LUMPUR Genting Bhd and its subsidiary, Resorts World Bhd, have agreed on some arrangements in line with a proposed restructuring of Genting Highlands Tours and Promotions Sdn Bhd. Under these arrangements, the properties in the Mukim of Senai-Kulai owned by Genting Highlands Tours would
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      • 33 5 SINGAPORE Guthrie Manufacturing (S) Pte Ltd bought 100,000 more shares of L&M Group Investments at $1.65 yesterday. It now holds 26.5 million shares representing 39.59 per cent of L&M.
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    • 397 5 KUALA LUMPUR IJM Corp Bhd and its partners have submitted bids for at least three giant infrastructure projects which, if successful, could double the group's book orders and keep it busy through 1995, The Star reported earlier this week. The construction and civil engineering
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    • 370 6 Reuter, AFP BEIJING China's Shenzhen stock market has issued rules on the listing of new stocks, which say the government must retain a controlling interest in all strategic enterprises, the New China News Agency said. The regulations do not set any restrictions on
      Reuter,; AFP  -  370 words
    • 358 6 HONGKONG More mutual funds are in the pipeline which will enable investors to get in on the ground floor of the mainland's rapidly developing securities market, South China Morning Post reported. The funds if approved by the Securities and Futures Commission and
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    • 192 6 Reuter HONGKONG Standard Chartered Equitor Group, the financial services and private banking division of Standard Chartered Bank Group, said it had won approval to act as a central clearing and depository agent for settlement of 'B' shares on China's Shenzhen stock market. Standard
      Reuter  -  192 words
    • 361 6 Reuter HONGKONG Hongkong Land Holdings Ltd, the colony's largest local landlord of prime office space, is expected to report slower earnings growth next Monday, on soft rentals and a glut of new office blocks, analysts said. The Jardine Group property bluechip
      Reuter  -  361 words
    • 355 6 Product seen boosting firm's standing in market Reuter NEW YORK NCR Corp is launching a light personal computer capable of wireless communications, which analysts say could boost its standing in the notebook market. System 3170 is the first PC product introduced since NCR's merger last
      Reuter  -  355 words
    • 536 6 MARKET Reuter AUCKLAND A deluge of equity raisings has stalled the New Zealand stock market, just when the depressed economy was finally showing signs of a sustainable recovery. "In terms of where the share market is for the next two months, the key is
      Reuter  -  536 words
    • 402 7 Reuter Y °RK International Business Machines Corp disclosed on Tuesday that chairman John Akers took a 40 per cent pay cut but still e c«r^ e< US$l.5B million (552.59 million) in 1991, the worst year ever for the world's biggest computer maker. An
      Reuter  -  402 words
    • 460 7 Reuter NEW YORK RH Macy Co Inc said on Tuesday that it lost USss67l.6 million (Ssl.l billion) in its crucial Christmas quarter, with all but a small fraction of it stemming from the giant retailer's bankruptcy filing. While much of the loss
      Reuter  -  460 words
    • 369 7 FT PRAGUE Dow Europe, European arm of the second biggest US chemicals group, is to be chosen over Elf Aquitaine of France by the Czech government to acquire a 36 per cent stake in a Czech chemical business, Chemicke Zavody Sokolov.
      FT  -  369 words
    • COMPANY BRIEFS
      • 105 7 AUCKLAND The Commerce Commission said it had extended its deadline for a decision on the sale of brewer and retailer Magnum Corp Ltd's North and South Island Countdown supermarket chains to foodstuffs co-operatives. The Commission said in a statement that a decision was now
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      • 74 7 JAKARTA Indonesia's only alkylbenzene producer PT Unggul Indah Corp (UIC) said it will pay an annual dividend of 440 rupiah (550.35) for 1991, up from 250 rupiah in 1990. Payment of the 1991 dividend will be made on May 25 to shareholders of record by
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      • 88 7 TOKYO Victor Co of Japan (JVC) plans to reduce its range of products, increase outside component sales and lengthen product cycles to fight the effects of the consumer electronics slump, a JVC spokesman said. Almost half of JVC's sales are in videotape recorders (VTRs), a
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      • 70 7 TOKYO The Osaka Securities Exchange (OSE) will return 25 per cent of the fees it has collected from member brokerages, according to their transaction amount, because it has a revenue surplus, an exchange official said. The OSE expects to post a surplus of some 1.6 billion
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    • 358 7 Reuter LISBON A consortium linking the French oil major Total SA and nine Portuguese industrial and financial groups emerged on Tuesday as the only bidder for a 51 per cent stake in state oil company Petrogal Petroleos de Portugal SA. The consortium, known
      Reuter  -  358 words
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  • Page 7 Advertisements
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 129 8 BRUSSELS The Brussels stock exchange posted a loss of 153.8 million Belgian francs (557.2 million) in 1991 but expects earnings to recover in 1992, the stock exchange's general manager Dominique Valschaerts said in an interview. Speaking after the stock exchange's annual shareholders meeting, Mr Valschaerts
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      • 99 8 OTTAWA Credit card frauds are soaring in Canada, the government reported on Tuesday, helping push total cases of reported fraud to a record high. Statistics Canada said credit card frauds soared 33 per cent in 1990, compared to 1989, bringing the overall level of frauds
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      • 92 8 TOKYO The total amount held in individual savings accounts as of Dec 31, 1991, increased by 6.5 per cent over the same date in 1990 to 803 trillion yen, said the Bank of Japan (BOJ). It was the lowest rate of increase since the central
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      • 94 8 BUDAPEST Hungary could launch an interbank foreign exchange market within the next two to three months to help liberalise currency trading, National Bank of Hungary (NBH) Deputy President Frigyes Harshegyi said on Tuesday. NBH officials and commercial banks broadly agree on the longawaited project but still
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      • 133 8 PANAMA CITY Panama agreed on Tuesday to exchange US$3O million in foreign debt for nature bonds in what officials called one of the largest ever debt-for-nature swaps. "It's a major, major debt swap. Thirty million dollars may be the largest ever done in the world," said Richard
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    • 313 8  -  By Kooi Cho Teng SINGAPORE Two South Korean banks are in the process of raising US$BO million (S$ 132 million) in the capital markets. Cho Hung Bank, South Korea's oldest bank, is seeking a US$5O million loan ?nd Korea International Merchant Bank
      313 words
    • 271 8  -  By Magdalene Ng SINGAPORE Industrial Finance Corp of Thailand (IFCT), which has been actively raising funds in recent years, has secured a US$2O million (Ss33 million) long-term loan to fund development projects in Thailand. The Thai governmentbacked development bank is getting the
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    • 340 8 UK brokers grouse as insurers refuse to provide stop-loss cover FT LONDON A row has broken out at the Lloyd's of London insurance market over the refusal of many leading underwriters to back schemes providing stop-loss insurance or personal reinsurance policies for names,
      FT  -  340 words
    • 306 8 Reuter AMSTERDAM Pierson, Heldring Pierson NV, a merchant banking unit of Europe's ninth biggest bank, is seeking to become a major stockbroker throughout the region, chairman Han Kleiterp says. The bank, a subsidiary of ABN AMRO Holding NV, last year set
      Reuter  -  306 words
    • 543 8 Reuter TOKYO The decline of Tokyo stock prices to fiveyear lows this week is not likely to spark a credit crunch, Japanese banks and economists say. Low corporate demand for loans means there will be no credit crunch, while banks whose stock portfolios have
      Reuter  -  543 words
    • 154 8 SINGAPORE The Industrial and Commercial Bank of China threw a party last night to celebrate the opening of its first overseas office here. At a press conference yesterday, Madam Zhang Xiao, the president of the bank, said that Singapore was an ideal
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  • Page 8 Advertisements
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    • 131 8 Beijing banks to open branches in CIS, Back Pg Singapore Scenes^ "Singapore Scenes", a special career feature on 4 April '92, is an excellent opportunity for companies to extend their recruitment overseas. s N This feature/Which precedes the forthcoming Career Fair to be held in Australia and New Zealand* b6ween
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  • THE REGION
    • 552 9  -  Run-up to Thai election From Philip Moore in BANGKOK THAILAND'S general election on Sunday is unlikely to stir the Bangkok property market from its worrying slumber, an expert says. In the run-up to the election, many developers and consultants have said buyer
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    • 348 9 MBT KUALA LUMPUR Malaysia's external debt service has been dramatically reduced from a high of 18.9 per cent in 1986 to 7.5 per cent in 1990 and an estimated 6.4 per cent last year. Analysts project that it will decline to below 3 per cent
      MBT  -  348 words
    • 356 9 NST KUALA LUMPUR Malaysia's efforts to diversify its export markets are paying off as seen from the direction of trade last year. Trade with non-tradition-al markets, including Latin America, registered significant increases as emphasis shifted away from trade with the traditional trading
      NST  -  356 words
    • 469 9 Reuter MANILA The Philippines said on Tuesday that opening a mothballed nuclear power plant will give it an environmentally clean and reliable source of power. President Corazon Aquino's government rejected criticism that the plant, built on an earthquake fault on a promontory overlooking the
      Reuter  -  469 words
    • 399 9 BANGKOK Thailand and Japan are negotiating an agreement to facilitate Thai food exports to the Japanese market just before Tokyo implements new regulations on food quality inspection. Trade officials are finalising a memorandum of understanding (MoU) which marks Thailand's participation in the
      399 words
    • 385 9 AP MANILA President Corazon Aquino's spokesman yesterday denounced the US and said the Philippines should look to Japan for economic and political support in the future. At issue is a claim by Mrs Aquino on Monday that the US had asked for continued access
      AP  -  385 words
    • NOTE BOOK
      • 87 9 HONGKONG Hongkong earned almost HK$4O billion (SSB.S billion) from tourists last year, up 0.9 per cent from a year before, the Hongkong Tourist Association (HK.TA) said yesterday. The Japanese topped the spending list, injecting more than HK$9 billion out of the HK539.606 billion total
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      • 70 9 WARSAW Poland has become East Europe's biggest market for exports from Hongkong since civil unrest hit Yugoslavia, an official of the Hongkong trade development council said here on Tuesday. Myra Mak was speaking at the opening of a three-day trade fair where Polish business managers
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      • 95 9 BANDAR SERI BEGAWAN Brunei said yesterday the exodus of Myanmar Muslim refugees into Bangladesh could create regional instability and asked all parties involved to help end the problem. "The situation could develop into one which creates instability in South and South-east Asia," a Foreign Ministry statement
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      • 104 9 BANGKOK Thailand's military strongman, General Suchinda Kraprayoon, only days before elections here, has expressed confidence he will become the prime minister, a leading newspaper reported yesterday. The English-language The Nation quoted Gen Suchinda, who is not running for the House of Representatives in Sunday's
        104 words
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  • THE WORLD 1
    • 349 10 Beijing pushes reform to relieve burden of state subsidies Reuter BEIJING The Chinese will pay a lot more for the basics of life rice and bread from April 1 as Beijing presses ahead with price reform to relieve the
      Reuter  -  349 words
    • 403 10 Reuter LONDON The last set of industrial output figures before the April 9 general election showed manufacturing industry is still in deep recession and must have come as a blow to Chancellor Norman Lamont, economists said yesterday. Output from Britain's manufacturing
      Reuter  -  403 words
    • 419 10 Reuter SEOUL Now ranked with the giants, Japan and the US, in the production of memory chips, South Korean semiconductor makers are trying to diversify into more profitable specialist microchips. The country hopes a new harvest of advanced semiconductors will come from
      Reuter  -  419 words
    • 231 10  -  ty Said Abdullah SINGAPORE Taiwan has pipped Japan to emerge as the world's top nation in foreign reserves, figures cornspiled by The Economist -show. Taiwan, whose ruling Nationalist Party last week offered to lend up to US$lO -billion (S$ 16.7 billion) to Beijing
      Source: IMF;Central Bank of China,Taiwan  -  231 words
    • 376 11 NYT, Reuter WASHINGTON Government reports on industrial, housing activity and trade on Tuesday provided what many analysts regard as conclusive proof of US economic recovery. "The long recession is over," asserted Lawrence A Hunter, chief economist for the United States Chamber of
      NYT,; Reuter  -  376 words
    • 209 11 AFP JERUSALEM Israel's credibility could take a battering on world financial markets if it officially announced it was giving up its political battle with the United States to obtain US$lO billion (5516.5 billion) in loan guarantees. The alarm was sounded by Israeli Defence
      AFP  -  209 words
    • WORLD WATCH
      • 75 11 FRANKFURT New German public-sector borrowing rose at the start of 1992 to total 27.5 billion marks (5527.5 billion) in January, up from 18.5 billion marks in January 1991, the Bundesbank said in its latest monthly report. The federal government reduced borrowing because of
        75 words
      • 87 11 TOKYO Public spending ought to be concentrated in the first half of the fiscal year starting on April 1, 1992, to stimulate the slowing Japanese economy, Yuji Tanahashi, Vice-Minister for International Trade and Industry said. "Japan has set a target of 3.5 per cent growth
        87 words
      • 60 11 PARIS Japan spent the world's second-largest amount of money on information-related products and services in 1991, the Organisation for Economic Cooperation and Development said in a report released yesterday. The United States came first with a 34 per cent share in total spending by the 24 OECD member
        60 words
      • 56 11 BENTONVILLE, Arkansas US President George Bush has given his stamp of approval to a cooperation pact with Poland on the peaceful use of nuclear energy, the White House said on Tuesday. The United States already has such agreements in areas such as nuclear reactor security with
        56 words
    • 377 11 AP WASHINGTON Heads of US aid agencies pointed to Africa on Tuesday as the continent most in need, predicting hugely increased requirements because of drought. "Southern Africa is experiencing a devastating drought, perhaps the worst in this century," said Princeton
      AP  -  377 words
  • Page 10 Advertisements
    • 754 10 SINGAPORE COMPUTER SYSTEMS LIMITED (incorporated in the Republic of Singapore) A member Singapore Technologies Industrial The Board of Directors of Singapore Computer Systems Limited announces the audited results for the year ended 31 December 1991 Company— Group Company Group 1991 1990 1991 1990 or SS'OOO SS'OOO SS'OOO SS'OOO 1 (a)
      754 words
    • 70 10 SeetopV men's y*S/P tennis KalangiS^l South-east Asia's biggest professional £^p^-W tournament AFJ PRIZE MONEY OF $425,000 UP FOR GRABS!F MARCH 30-APRIL 5 MONDAY TO FRIDAY 4:00 PM Vte*. SATURDAY SUNDAY 5:00 PM TICKETS ON SALE NOW! Forum The Shopping Mall Scotts Shopping Centre v Raffles City Shopping Centre Specialist Shopping
      70 words

  • Page 11 Advertisements
    • 197 11 /HOW TO If STAY TRIM IN BUSINESS BY CUTTING CORNERS These days, to slay successful in business, one has to be highly competitive.That means having the right image, up- to- dale office equipment and full lime experienced staff; yel keeping low overheads. Here at World Wide Business Centre Pte Lid.
      197 words
    • 338 11 H» i«^Hßnß^^^^^^^CßPß«. k--i' 8S H t^^B t jk Ml BH^* I BlKrjv- w?SjBM i J I I tfMM §'^BPBpHbmBOIM SlBi>ftif ■^P^ 5 x- *<j3b 3I p) 9ct '-'W^S^M^l fp *119IH ■pr- »•.>* HHHRI^^^L Ji ''.■V- > C«m rjmmim B Ji Jj^Hf:. 1 1 l »"Wi>PWW" l *">' ll jB .^ctKwlt,—
      338 words

  • 506 12 EDITORIAL BARELY three months after announcing detailed launch plans for the Singapore Open University, the government has now decided, not without good grounds, that it should be in private sector hands. The surprise about-turn must puzzle a good many Singaporeans who have come to expect
    506 words
  • WHAT THE OTHERS SAY
    • 270 12 THE leaked Pentagon document which argues that the United States should remain the sole superpower is not an unrealistic desire. Indeed, it is possible to go beyond the military dimension and argue that, in spite of its domestic problems, America's advantage over each of its potential
      270 words
    • 97 12 WHILE the government is certain to continue with its plan to set up a sort of open university, the change in format has upset many Singaporeans. The change follows a random survey which found that the university would best serve the majority who wish to pursue management courses.
      97 words
    • 113 12 PARLIAMENT'S discussion on marriage and family shows that the government's concern for social problems such as the increasing number of single women and the Singaporean's concept of family has not weakened over the past 10 years. We cannot attribute the worsening of these problems to Western influence.
      113 words
  • REGIONAL VIEWPOINTS
    • 212 12 MAKE no mistake about it. The consumer movement will soon be a vital organ in the nation's socio-economic development, that is, if the leaders of the consumers' associations can ensure renewed vigour and vision in fulfilling the main objective of ensuring the rights of consumers. For
      212 words
    • 103 12 IF the 3.3 million whites reject South African President de Klerk's political reforms, they should be aware that the alternative is not the preservation of the privileges the minority have enjoyed for so long. as the Conservative Party and the neo-Nazis of the AWB would have voters
      103 words
    • 203 12 THE fact notwithstanding that the possibility of a real threat of war in the Persian Gulf does not for the present appear irreversible or even imminent, the concentration of more than 25 US, British and French naval vessels in the Persian Gulf over the past weekend
      203 words
  • 736 12 The Financial Times, in an editorial this week, comments on the proposed merger between Britain's Midland Bank and the Hongkong and Shanghai Banking Corporation FT CROSS-BORDER bank mergers are notoriously difficult to pull off. Indeed, the recent histories of both Midland Bank and Hongkong and
    FT  -  736 words
  • 768 12 The possible effects of the Midland/Hongkong and Shanghai Bank merger on the British banking scene are examined FT, Reuter IF THE Midland/Hongkong and Shanghai Bank deal goes through, it will bring about the greatest change to the structure of UK banking since the merger
    FT,; Reuter  -  768 words
  • Page 12 Miscellaneous
    • 31 12 DOONESBURY by garry trudeau I 5 11 Imrn'ooumwANprrpimrl \ALLICOUU?THINKM^:YO i THIS I HURTS, I I I 0Ol!m 1 MUWETBVU H I Km** MB THAT PBCFie U& I I ISFUS&OM* H6HT!UH&ZSM*. MAN...
      31 words

  • ANALYSIS
    • 1016 13  -  The illegal practice of tobashi will make it difficult for the Japanese securities industry to resuscitate itself, writes Motoharu Okada Motoharu Okada Motoharu Okada is the editorial writer of Asahi Shimbun Asahi RECENT events have led to the birth of another Japanese economic term
      Asahi  -  1,016 words
    • 1257 13  -  Salil Tripathi continues with the second in a three-part series on the role regional powers China, India and Japan might play in future Salil Tripathi FIVE years ago, India seemed to be embarking upon a military build-up that made countries as far as Australia anxious.
      Source: US Arms Control & Disarmament Agency  -  1,257 words
    • 866 13  -  An independent report of the IMFs programmes is helping to give an insight into the worlongs of the organisation. Steven Greenhouse reports Steven Greenhouse NYT A REPORT by an independent panel of economists concludes that developing countries that follow the programmes of the International
      NYT  -  866 words

  • Page 14 Advertisements
    • 263 14 V A L U E f *<v v i «B jjj^P 7A -''L'' /^•"•^•'^•JrAl-' rl:'-^ I D Q: ■!&d»MBBK -^iIM Retahing's A Whole Lot Easier Once You've Seen The Light Two exclusive, sweeping balconies with purchasing power, namely family's lifestyle, with a prestigious overlook a single, massive, naturally- middle to
      263 words

  • ADVERTISING & MARKETING 1
    • 1425 15  -  This year's Golden Gong winner has become the centre of a dispute, reports Sangeeta Mulchand Sangeeta Mulchand ONCE UPON a time there was a group of creative heads who decided to have an award show where they could pitch their work against each
      1,425 words
    • 663 16  -  Sangeeta Mulchand takes a look at the marketing potential in Vietnam Sangeeta Mulchand IMAGINE a market where consumers greedily snap up counterfeit brands. Where there is "Cola-gate toothpaste" galore, but precious little of the real thing. Now imagine this market opening up to the real
      663 words
    • 593 16  -  Clarissa Tan reports on the promotion of Dior's latest scent Clarissa Tan THE WORLD of designer perfumes is a heady one, in which marketing centres on the promotion of an image rather than the provision of information. "A perfume is
      593 words
    • 790 16  -  In the second of a series of articles on advertising, Andrew Kefford gives some tips on briefs and presentations Andrew Kefford The writer is managing director of Advertising Advisory Centre Pte Ltd HAVING arrived, by whatever means, at a short-list of agencies (ideally no
      790 words
  • Page 15 Advertisements
    • 166 15 TO AVOID REDUCING THE TREE POPULATION ANY FURTHER, GORDON TAN (BETTER KNOWN TO HIS FRIENDS AS TRUNKY) IS TAKING THIS EXCEEDINGLY SMALL ADVERTISEMENT TO CELEBRATE HIS SUCCESS AT THE SINGAPORE CREATIVE CIRCLE AWAROS YOU SEE, GORDON S COMPANY, THE FOTOSETTER, TYPESET ALL THE WINNING ADS SO GORDON WOULD LIKE TO
      166 words
    • 230 15 lILIiS| IH (f P S& Ilk ■l J JH HL E Eti V K v i t jm Ht m M_.J L Jg The rich potential of Asia and the assurance of investing with the UOB Group for as little as $1,000 Asia is expected to remain among the world's
      230 words


  • SPORTS
    • 724 17 Cricket: World Cup Reuter CHRISTCHURCH Pakistan, spurred by a superb Rameez Raja century, kept alive its hopes of reaching the World Cup cricket semi-fi-nals when it crushed previously unbeaten New Zealand at Lancaster Park yesterday. The Pakistani seven-wick-et victory snuffs out holders Australia's chance
      Reuter  -  724 words
    • 529 17 NYT KEY BISCAYNE, Florida Unless you happen to be Monica Seles, who is singlehandedly keeping the adjective invincible applicable to her sport, the top of the tennis heap has become a fragile place. Stefan Edberg, the No 2ranked male player in the world,
      NYT  -  529 words
    • SIDE LINES
      • 65 17 ALBURY, Australia England skittled out Zimbabwe for just 134 runs well inside the distance in their World Cup cricket match yesterday. Illingworth and Botham took three wickets apiece, while Zimbabwe's top scorer was Butchart with 24. Despite its injuries, England was just too strong for
        65 words
      • 128 17 INDIANAPOLIS Nelson Piquet might have won the Formula One world championship three times but the Brazilian will have to prove his ability among the rookies before being allowed on the Indy car circuit. Piquet, 39 and with 23 Grand Prix victories under his belt, will
        128 words
      • 70 17 SAN DIEGO Representatives of challengers' and defenders' syndicates on Tuesday decided to retain the new International America's Cup Class (lACC) yachts for the next America's Cup regatta. During an off day in both the defender and challenger selection series, syndicate representatives met to discuss future America's
        70 words
      • 66 17 BIRMINGHAM, England South Korea suffered its second defeat in successive nights when it lost 3-2 to England at the National Indoor Arena yesterday. Although without several players that helped it win last year's Sudirman Cup world team championship, South Korea looked likely to get its
        66 words
      • 186 17 KEY BISCAYNE, Florida One is 33, the other pushing 40. Perhaps it's time to conclude that John McEnroe and Jimmy Connors will never mellow. They'd still rather tell you to buzz off than to have a nice day. "Do you have any problems, other
        186 words
  • Page 17 Advertisements
    • 144 17 MOST AIRLINES CAN TAKE CARE OF YOUR CARGO NEEDS. BUT WHO TAKES CARE OF YOUR CARGO AS WELL? THAI CARGO. YOU CAN DEPEND ON US. While most airlines can take your cargo just complexes, Thai Cargo has all the facilities to safely handled and all documents in order. about everywhere,
      144 words

  • Page 18 Advertisements
    • 818 18 M Nothing Beats A Bud. wrfl where to wine, dine or Bg2 SUPPER PROMOTION Choice of aromatic Bak Kut Teh or steaming Porridge with Chicken, Pork or Fish. Plaza Hotel Cafe Plaza rr^-^rr.rrr inj<i\ appeti/ing dishes from the sumptuous Teocheu Porridge Buffet spread available from March 14 to 22. for
      818 words
    • 292 18 Wf'VE JUST BRED A NEW WINNER at The Stables uftf The Businessmen's Derby Lunch A delectable choice of appetisers and soup. followed closely by your pick from five delightful nu n dishes and a selection of desserts Finish w (jAonl with coffee or tea. Only $28.00+ Closed for lunch on
      292 words
  • Page 18 Miscellaneous
    • 667 18 TELEVISION AND RADIO T JnhfllYlYV girl mm-mm- ~J 1240 aiL <s,erco i:H Er-~ w^m*m llllClU Lf y fcl II X 7.30 AM CNN International <L). 8.34 isyak Prayer Call. BBC, 88.9 mHz in VHF Band II 8.30 Close. SBCB r*!gt Sandiwara Semasa Bila 7.05 am, 1.30pm, 5.05pm, 1.05 am: ViflMtiii
      667 words

  • LIFESTYLE
    • 868 19  -  Ng Sek Chow stops by at the Substation to take a trip back in time at an exhibition of salon pictures Ng Sek Chow AS A people obsessed with getting ahead into the future at the expense of the past, it is refreshing to see that the Substation
      868 words
    • 334 19 Singapore-born pianist to perform at Victoria Concert hall on Saturday AS A precursor to his performance during the Arts Festival in June, concert pianist Koh Joo Ann will take to the stage this Saturday at the Victoria Concert Hall. Singapore-born Joo Ann is currently the Professor
      334 words
    • 681 19  -  Jane Brody reports on a study to find out whether young American men can learn to adapt to and like a more wholesome diet Jane Brody NYT CAN YOUNG American men used to eating meat, potatoes, gravy and ice cream adapt to a more
      NYT  -  681 words
    • 486 19 THE DUKE and Duchess of York are to part, ending a nearly six-year marriage, according to a report in the Daily Mail tabloid yesterday. Buckingham Palace refused to comment on the story. An official announcement of the separation of Prince Andrew, fourth in
      486 words
  • Page 19 Advertisements
    • 190 19 AND ENTERTAIN A buffet of perennial favourites with a different selection everyday... Monday Western Favourites Tuesday Chinese Delights Wednesday Malay Temptations Thursday Mexican Specialities Friday Italian Raptures Saturday Internationa] Served daily from 12 noon to 2.30 pm at $19.50+ per person. An ala carte menu is also available. AK ANA
      190 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4103 20  -  By William Chia FALLS in Hongkong and Tokyo depressed investor sentiment in Singapore yesterday. The key Straits Times Industrials Index closed at 1,441.84, down 3.52 points from Tuesday's finish. The Hongkong market was hit as investors reacted negatively to news that Hongkong and
      4,103 words

  • 2973 21 Pnma 595 +20 +3.5% SPH Foreign 1290 +20 +1.6% DBS 1130 +10 +0 9% F&N 1000 +10 +1.0% OCBC Foreign 1180 +10 +0.9% B Sembawang 575 +5 4-0.9% Cold Store 50» 275 +5 +1.9% OCBC 890 +5 +0.6% Spore Bus 500 615 f 5 +0
    2,973 words
  • Page 21 Advertisements
    • 121 21 Shine I YOUR KEY TO BETTER BUSINESS DECISIONS! Shine is Singapore Press I foldings' inforich database financial statements highlights, graphs, latest results team: I. S. I.uion 740 1035, Hazel Ongon 740 1771 or Teleview, which incidentally is (he advanced and company news. I ony Chia on 740 1033. videotex! system
      121 words

  • 3244 22 PMRI 50* 178 +14 +8.5% Magnum Corp 50* 374 +6 +1.6% Amah Hldgs 50* 145 +5 +3.6% MAS 452 +4 +0.9% Cons Plant 50* 150 2 +1.4% Esso 50* 460 2 +0.4% Tan Chong 50* 216 +2 +0.9% UMW 292 +2 +0.7% IGB Corpn 50*
    3,244 words
  • Page 22 Advertisements
    • 249 22 BANKING, FINANCE AND INSURANCE SUPPLEMENT 1992 A special Business Times Survey May 4,1998 The theme for this year's supplement is "Managing the Tiger" which focuses on the tremendous growth achieved in recent years by Asia's banking and finance industry and the constraints faced by the region's regulators to encourage growth
      249 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5205 23 Bernama BUYING support for blue chips and selected second liners helped lift share prices in the Kuala Lumpur stock market to a steadier close yesterday. The KLSE Composite Index rose 5.91 points to 600.40 at the close, the Industrial Index was 7.07 points higher
      Bernama  -  5,205 words

  • BT SHARE INFORMATION SERVICE
    • 1158 24 Mm Inri Last Fal Year Forecast late Wet NetProft EPS aaaed Tan EPS Gran profit Range bag* Ceapaaj Parted last jr «dtag (ets) (S'NI) (SS«) (ets) Span Lai F Mar 12 Dec 91 126 10 0 44 641(f) 352-437 133-165 IMC F Mar 12 Dec 91 2 3
      1,158 words
    • 206 24 Mar 17 Lien Hoe is re-drawing its plans for MJ9O million residential development in Senai, near the airport. New plans to include shopping complex and scale down residential element. The Temerioh Rubber Estates Bhd said it proposed to change its name to Arab-Malaysian Corporation Bhd to reflect the
      206 words
    • 793 24 tonal Ex liafca Ma Tatal tar Total hr Pf—iI date dam payaMa fee yaar last yaar bun F«nd USlOC(b) Mar 10 Mar 20 Mar 30 US10C US10C Mm 20c 12.5% IE Mar 3 Mar 13 May IS 175%TE 125*TE MT 21c 1048% Apr 9 Apr 22 Apr 30
      793 words
    • 141 24 Company Date Yaar Graap Nat Nat aaratefs Orau •an to praAt/laas (L) par sfcara ftiNwi ('(00) (eaato) G Securities Mar 16 Dec 91 $1.105($1.691) 2(3.1) 10(10) Samanda HWgs Mar 12 Dec 91 MS6.140(S5.464) 17 7(15.7) MTC Mar 10 Dec 91 M$35,404($38.394) 175(19) 37 2(37 2) Van der Horst
      141 words
    • 442 24 Company Date Yoar Croup pro-tax Not aaralogs Gross mr to profit/loss (L) por sfcoro iMiswi ('OM) (costs) SAL Mar 17 Dec 91 $8.110($6.113) 5 3(3 9) SAE Mar 16 Dec 91 $8.304($5 288) 6 1(35) 5(0 3) City De* Mar 13 Dec 91 $100.323($85.064) 101(1 7) 15(15) H
      442 words
    • 64 24 Conversion Special Trdg Scripiew Conversion deadline Period trading (omptn\ starts (I DP) (ST) starts Centrepoint Mar 30 Apr 21 Apr 8 Apr 21 Apr 22 Rut Capital Mar 31 Apr 22 Apr 9 Apr 22 Apr 23 Hai Sua Hap Apr 1 Apr 23 Apr 10 Apr 23
      64 words
    • 870 24 MmUmi Last Fal Tnr Caapaqr hriad Mt Year EPS Gran M mmme*4 taiag (cts) *r jralt M im (am) OB Final Nov 6 Jul 91 3.0TE 17.8781 K Ufa Final Mar 14 Dec 91 75 6 20 0 36.724 t Mm Fana Final Mar 15 Dec 91
      870 words
    • 135 24 The Sungei Bes Mbm Malay* Bhd: 16th AGM at Gallery 1. Concorde Hotel. 2, ialan Sultan Ismail. ***** Kuala Lumpur, on Friday, Mar 20, at 11am Pan Pacific Asa Bhd: 2nd AGM at Nilam Room, Level 2. The Puteri Pan Pacific Hotel, ialan Satan, ***** Johor Bahru, Johor,
      135 words
    • 145 24 RECORD HIGHS LOWS BT Composite lnd«x ST Industrials Index 1992 1*: *****8 (21/2/92) J* (27/1/92) 1992 tow 1232 84 (2/1/92) 1,92 mR 1429.6. (9/3/92) 991 to* 1333 08 3/6/91 1591 *****8 W 91 > ImS *****2 (16/1/91) J«l|r (JM/J) 1990 1* 1435 43 (16/7/90) JJJ S? So w mm2X 1990
      145 words
    • 256 24 Company Rights Issue CO. Consokdatnn of every tour shares at HMO ft *1(0 one share of HKJ1 00 MM amount Rfhts issue of five-tor-e<fit <p, WJO 36 per share betorc coreohdrton Ex-date Mar 26 Books dose Mar 26 Acceptance Payment NYA MC8 Kdr One-tor ten MSI 10 per
      256 words
    • 305 24 Company Date Half-year Croup pro-tax latortm ann to proftt/ks* (L) dWdond COCO) Boustead Mar 11 Dec 91 MS27.134(J17.900) 7.5(5) Hume M Mar 10 Ok 91 MS46.302($31.364 5(5) H Leon( Ind Mar 10 Dec 91 MJ51.038(143.888 6(6) First Capital Mar 6 Dec 91 $3.937(1170L) FM Ins Mar 5 Dec
      305 words
    • 807 24 Trans Registered Substantial Buy/ No. et Amount Shareholding Stock Date Holder Shareholder/Director Soil shares Before After Keppel Corpn 13/03/92 Street Names Temasek Holdings (Pte) Ltd B 100.000 756.850 153.157.001 37 06 153.257 001 37.11 St Tyres 13/03/92 Wee Kok Wah Wee Kok Wall B 142.000 78.100 15,624.090
      807 words
    • 366 24 In local cot In S$ In L'S$ %dy %yr dy yr dy S yr Mar 17 Index chgt chgc chgc chgc chgc chgc World 391.5 0.2 -4.1 -0.8 -6.7 0.5 -8.0 tEAFE 473.0 0.0 -5.8 -0.6 -10.6 -0.6 -11.9 Europe 431.4 0.4 4.9 0.0 -1.6
      366 words
    • 607 24 Company Rights Issue MnctTtd) One-tor one |1 00 per share Btdtard Issue of J175 lm nommal amount iA 55* Bar* Guaranteed Bowls 1992/97 with detachable transtera* subscription r«hts (TSR) on the basis ol one TSR for every lour ordinary shares MJO 195 tor each TSR Bcfton Issue of
      607 words
  • Page 24 Advertisements

  • STOCK EXCHANGE OF THAILAND
    • 2215 25 Reuter DEMAND for property and finance shares lifted the Thai stock market to a higher close, brokers said. The SET index climbed 12.73 points to 808.49 on modest turnover of 6.75 billion baht. Krisda Mahanakorn, a major property company, rose eight baht
      Reuter  -  2,215 words
  • JAKARTA STOCK EXCHANGE
    • 1217 25 JAKARTA stocks fell in a sluggish market yesterday, brokers said. The index slipped 1.43 points to 275.82 in turnover of 3.89 million shares, compared to 8.17 million the previous day. One foreign broker said the market was in the doldrums due to a combination
      1,217 words
  • Page 25 Advertisements
    • 12 25 pick: wip CROP *9^ ADVERTISE YOUR JOB OPENINGS in the APPOINTMENTS' columns
      12 words
    • 87 25 WHEN YOUR MOTHER HAS AN AFFAIR GET IT NOW GO MARCH MODERN OFFICE TheStraitsTSmes (April 6,1992) T Mow's your chance to advertise in a special feature that will enharwe>our products or services...and to reach out to your target audience effectively. Our feature on MODERN OFFICE is geared to attrocfa large
      87 words

  • TOKYO STOCK EXCHANGE
    • 2634 26 Reuter TOKYO stocks closed weaker but off their day's lows in nervous, volatile trade. Brokers said continued institutional selling ahead of the fiscal year-end and arbitrage unwinding linked to yesterday's expiry of Simex futures contracts battered prices. "Buyers are in no huiTy to
      Reuter  -  2,634 words
  • STOCK EXCHANGE OF HONGKONG
    • 2617 26 Reuter HONGKONG shares yesterday recovered from their initial plunge of about 2 per cent after HSBC Holdings announced merger talks with UK-based Midland Bank and ended only slightly down. The blue-chip Hang Seng Index fell 9.32 points to close at 5,036.07, after being down
      Reuter  -  2,617 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2306 27 Reuter AUSTRALIAN stocks followed Tokyo to a weaker close yesterday, finishing on their lows for the day under pressure from Japanese selling on the local market, brokers said. Falls were across the board but blue chips, favoured by Japanese investors, were hit
      Reuter  -  2,306 words
  • REGIONAL STOCK MARKETS
    • Seoul stocks slip on late-afternoon selling
      • 51 27 INDICES TURNOVER ClOM Previous Mar 19 NEW ZEALAND NZSE-40 Capital 1.448 66 1.***** -5.78 MANILA Composite Index 1,101.27 1,083.01 18.26 Turnover (million) 535.7 371.0 164.7 TAIPEI Weighted Price Index 4,851.95 4,890.32 -38.37 Turnover (NTS billion) 24.4 29.30 -4.9 SEOUL Composite Stock Index 614.36 615.19 -0.83 Turnover (billion won) 300.34 209.8
        51 words
      • 839 27 SEOUL stocks fell slightly in the lateafternoon yesterday after staying firm throughout the session in mixed trading, brokers said. "The market was on positive territory for most of the day, but fell back slightly in the late-afternoon session," a broker said. The composite stock index inched down 0.83 points
        839 words
      • 557 27 TAIWAN stocks closed lower yesterday as investors sold in reaction to Tuesday's 2.5 per cent plunge on domestic political tensions, brokers said. The weighted index ended 38.37 points lower at 4,851.95, but well off its intra-day low of 4,818 points. Turnover was a thin NT524.4 billion against Tuesday's NT529.3
        557 words
      • 228 27 NEW ZEALAND shares remained lacklustre overall by the close yesterday, with the main index dragged down by Fletcher Challenge which went ex a seven cent dividend and then dropped four more cents. The NZSE4O Capital Index fell 5.78 points to 1,448.66, just three points above the 1992 low
        228 words
      • 91 27 HEAVY selling by state-owned investment houses of leading stocks pushed the market broadly lower on Tuesday, brokers said. The Bombay Stock Exchange Index fell to 3,198.78, down 51.42 points from Monday's close. The National In- dex dropped 47.07 to 1,444.08, after opening at 1,482.95. "The institutions are not allowing
        91 words
      • 477 27 PHILIPPINE shares recovered some lost ground yesterday after favourable news about the latest share offering of the Philippine National Bank (PNB), brokers said. The Manila Stock Exchange composite index closed 18.26 points up at 1,101.27. "It recovered after PNB president Edgardo Espirtu said the bank's share offering was getting
        477 words

  • WORLD STOCK MARKETS
    • Dow ends higher for third consecutive day
      • Article, Illustration
        1573 28 STOCKS on Wall Street closed higher in cautious trading on Tuesday as computer-guided buy programs boosted early buying encouraged by stronger-than-expected economic news and a rebound in bond prices. The Dow Jones Industrial Average, which inched up 0.45 point on Monday, jumped 19.68 points to 3,256.04 for a
        1,573 words
      • Article, Illustration
        798 28 POLITICAL worries were pushed aside on Tuesday in London as the proposed link-up between Midland Bank and the Hongkong and Shanghai Banking Corporation (HSBC) triggered a bout of bid speculation, lifting share prices for the first time in five days. The blue-chip Financial Times 100 index, which dipped 5.3
        798 words
      • 191 28 FRANKFURT stocks were firm on Tuesday, as the DAX spot trend index tacked on 5.27 points on the day to close at 1,730.07, while the Commerz- bank indicator rose 4.90 to 1,988.00. Big winners included Linde. which jumped 14.50 marks on good 1991 results. AEG was up by 4.70
        191 words
      • 294 28 THE Paris bourse gained ground on Tuesday as the CAC-40 index closed at 1,943.59 points, up by 0.74 per cent by comparison with the Monday close. Investors piled out of Perrier, which slumped 59 francs to 1,591 on volume of 45,850 shares. Dealers said its recent gains had run
        294 words
      • 386 28 ITALIAN shares on Tuesday closed the first day of the April account lower, although the market came off its opening lows as some stocks found support. Dealers said worries about the outcome of April 5-6 general election and confusion over the financial straits of a Milan commission house forced
        386 words
      • 353 28 SWISS shares ended a quiet Tuesday session higher, but dealers said the market appeared locked in its current trading range between 1,790 and 1,820 points on the SMI index. The all-share SPI index added 8.3 points to 1,129.3 and the SMI index of leading shares was 16.5 points higher
        353 words
      • 363 28 GOLD SHARES held up well at the close of trading on the Johannesburg Stock Exchange on Tuesday despite sharp falls in the gold price to lows last seen in June 1986, dealers said. Gold fell US$3.5O to U*****.80/U*****.30 an ounce range in afternoon trading and saw the All Gold
        363 words
      • 288 28 TORONTO stocks on Tuesday slipped in late trade to end weaker, the fifth straight session stocks have closed lower, dealers said. "It was very dull. Bonds turned better. I think that helped but until people believe the trend's turned better, they'll stay away," one trader said. Late strength in
        288 words
      • 133 28 1 Vienna Mar 17 Asch A kg Holding 2400 50 Bank Austria (P) 508 4- 2 E Allgem (P) 2611 I Jungbunzl ***** 50 Len/ing 1065 19 Leykam 395 3 Montana Oesterr Brau 3950 50 Semperit 105 2 Steyr 254 6 I Veitscher 397 13 Source: Z-Landerbank Bank Austria Brussels
        133 words
      • 81 28 INDICES TURNOVER NEW YORK Close Pwiom Mar 17 Dow Jones SAP 500 Turnover (million) 3.256.04 409 58 188 80 3.236.36 +19.68 406 39 +3.19 155.95 f 32.85 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.940.8 2.491.2 401 4 1.930 9 2.470.7 363.5 9.9 20.5 37.9 FRANKFURT DAX Index 1.730.07
        81 words
  • Page 28 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1167 29 REPORTS THE US dollar was dragged lower at yesterday's European mid-session after the yen found itself the centre of a storm of buying interest in the morning. "We've seen some serious buying of yen for both dollars and marks and
      1,167 words
    • 378 29 Cross rates Mar 18 USS SS MS Dm Yen SFr AS NZS uss 1.6430 2.5900 1.6450 132.80 0.5760 1.4890 1.3149 1.8248 SS 0.6086 1.5764 1.0012 80.8278 0.3506 0.9063 0.8003 1.1107 MS 0.3861 0.63 0.6351 51.2741 0.2224 0.5749 0.5077 0.7046 Dm 0.6079 0.9988 1.5745 80.73 0.3502 0.9052 0.7993
      378 words
    • 537 29 Interbank rates S$ Bid Offer Overnight 3 3 1/8 1-month 3 5/16 3 7/16 2-month 3 3/8 3 1/2 3-month 3 7/16 3 9/16 Q»tfMight mode: 3-5/16 liSS Bid Offer 7 days 4 1/8 4 1/4 1 month 4 5/16 4 7/16 2 months 4 5/16 4 7/16
      537 words
    • 297 29 Reuter KUALA LUMPUR Malaysia's ringgit, now consolidating after surging strongly since January, could fall in the next few weeks as local corporations and offshore banks start to buy the US dollar again, dealers said. "The market is short of dollars now,"
      Reuter; Source: TeleTrac  -  297 words
    • 322 29 Reuter CHICAGO Canadian dollar futures are perched on a precipice, ready to fall further as analysts spy few technical or fundamental reasons to salvage the unit. The combination of an economy that has slipped back into recession, a thorny political question plus bear-ish-looking charts
      Reuter  -  322 words
    • 1069 29 SjjjEX EUWOOOtLAH Open High Low Sett Est Vol Act/Vol Op/Int Jun 92 95.24- ***** 7449 ***** 95.25 Sep 92 94.77 94.79 94.76 94.78 6000 3512 9395 Dec 92 94.01 94.02 93.98 94 02 2500 1630 6458 Mar 93 93.70 93.71 93.66 93.71 1000 494 3102 Jun 93 93.19
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  • Page 29 Advertisements

  • COMMODITIES
    • 1402 30 Rubber Mar is Mm) S cents/kg Noon Close Int I RSS Prompt 137 00/138.00N I37.2VI38.25N Int 1 RSS Apr 92 137.00/137.50 I37.2VI37.75 Int I RSS May 137.75/138.25 138.00/138.50 Int 2 RSS OP 135.50/136 50N 135 50/136 50N Int J RSS OP I35.00/136.00N I35 00/I36.00N Int 4 RSS OP I33.00/I34.00N
      1,402 words
    • 474 30 Reuter JAKARTA Asian coffee growers have been hit by bad weather that is expected to slash production without doing much to boost prices, now at a 15-year low. A prolonged drought in Indonesia, failed monsoons in India and a typhoon in Thailand have
      Reuter  -  474 words
    • 221 30 Reuter HARARE, Zimbabwe Officials are under-estimating the sharp fall in Zimbabwe's cotton crop this year. Barry Fisher, chief executive of the Commercial Cotton Growers' Association, said on Tuesday that the first government crop forecast for 1992 was 91,892 tonnes, which compared with last
      Reuter  -  221 words
    • 827 30 REPORTS THE price of tin continued Tuesday's uptrend to close eight sen higher at M 514.19 a kg on the Kuala Lumpur Tin Market yesterday. Dealers said market sentiment attracted strong buying demand in early trade. Light buying interest was also
      827 words
  • Page 30 Advertisements
    • 541 30 BUSINESS TIMES Toll tree Tel No 737 0043 -Fax No: 734 3698 I OFFICIAL NOTICE Wc, Jade Shipping Pte Ltd., of 3, Shenton Way #03-01. Singapore 0106, hereby give notice that in consequence of our purchase of a Motor Tanker "MANGO QUEEN" of Liberia Flag, we have applied to the
      541 words
    • 6 30 Innovation Technology in BT every Tuesday
      6 words

  • 1200 31 City FN (tit ETA Flight ETD City Flight ETA Flight ETD Aku Bkahi r .007 rAaa MH605 1020 SQ104 0830 P M GA887 1415 GA894 2015 SQ105 1050 MH670 0950 AdaUMa QF5 2010 MH642 1220 SQ228 2040 SQ107 1305 SQ106 1045 Amstartoai SQ23 0700 GA894 2015
    1,200 words
  • THE TRAVEL PAGE
    • 674 31  -  POSTCARD FROM PROVENCE By Christopher Petkanas TEN YEARS ago a perfectly enchanting little town with a breathtaking Roman arch and mausoleum, Saint-Remy is today jammed with shops selling iron wrought into more variations on the humble garden chair than one would have thought possible.
      674 words
    • 151 31 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.244$ 1.2614 Canadian dollar 1.3643 1.3919 NZ dollar 0.8913 0.9183 Sterling pound 2.8440 2.882S US dollar 1.6420 1.6490 Local dollars to 100 units of foreign currency Austrian schilling 14.0S
      151 words
    • 69 31 Duration Titk Venue Organiser Tel April 20Expoship Barbican The Seatrade 0206-***** 23 London *92 Centre. Organisation London Apnl 20International Birmingham National 44-*****2888 24 Electrical Exhibition Electronics Centre, Exhibition Birmingham Duration Title Venue Organiser Td April 24International Barcelona, Foire De (34) 3/423. 28 Motorcar Business Spain Ba rod
      69 words
  • Page 31 Advertisements
  • Page 31 Miscellaneous
    • 278 31 Another view of flfl| ance |H^Hi——Bßl— 8 But can a nudist wear less I 3 10 than this? (4,7) 11 Field Officer needs half a 11 day with the 12 Landowner stopped 13 Beg for a change in the net 15 Longing to beat out the pepper (7) H 1
      278 words
    • 167 31 Singapore Outlook: Showers owr a few areas in the afternoon. Report Maximum temperature 33.3 .Assoc humidity 63% Minimum temperature 25.5 Assoc humidity 93% Hours of sunshine 8.55 Rainfall in mm Nil Rainfall this month 32.5 Rainy days this month 5 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 26/16 Rain Bangkok 34/26
      167 words
    • 36 31 RT W£bJ VOuNG CUftP IN 7H£ OFFiCG. CuCRiCW- £QU«VAL£N7 rM rnr CmjcW»nG KCKOSS -rv*c srcetT HAS Q7 UP UJiTH mPvONG oe.SQE.Me GCSTuRCS iHMy JONC ses j_; e*R€.cton p*lu moRN'NG pvso rve a IN <rsiD ASSOCUIfO ItVIjtVfIWITO.IM-tW!
      36 words

  • 373 32 Deng's push for change gathers pace BEIJING Premier Li Peng, standard-bearer for China's communist hardliners, is scrambling to join the pro-reform camp as senior leader Deng Xiaoping's push for faster economic change gathers pace, diplomats said yesterday. "The opportunity must not be
    373 words
  • 370 32 Reuter, AFP, AP WASHINGTON Arkansas Governor Bill Clinton and President George Bush moved closer to a November showdown by crushing their rivals on Tuesday in presidential primaries in the Midwestern states of Illinois and Michigan. Mr Clinton, the middle-of-the-road Arkansas governor
    Reuter,; AFP,; AP  -  370 words
  • 286 32 Reuter SINGAPORE Chinas state-owned banks will open branches in the Commonwealth of Independent States (CIS) this year as part of their efforts to expand overseas, a senior Chinese banker j said yesterday. More Chinese banks will set up operations abroad in the
    Reuter  -  286 words
  • 743 32  -  The Bottom Line NIRMAL GHOSH NIRMAL GHOSH The writer is a BT journalist THE PHRASE "sustainable management" has almost become a mantra at conferences on tropical forests. Sometimes it seems as if the mere repetition of it will make it happen, or at
    743 words
  • 267 32 NST KUALA LUMPUR Japan, suffering from a shortage of capital, will withdraw foreign investments that involve long-term loans first. This was disclosed by its Vice-Minister of International Affairs for the Ministry of International Trade and Ministry, Noboru Hatakeyama on Tuesday. Mr Hatakeyama
    NST  -  267 words
  • 295 32 AFP TOKYO The Japanese government and ruling Liberal Democratic Party leaders agreed yesterday to hammer out an economic stimulative package this month to prop up the sagging economy, officials said. The agreement was reached at a meeting of leaders
    AFP  -  295 words
  • Page 32 Advertisements
    • 67 32 Nikon The World's Finest Photographic System KATHLEEN TURNER IN "V.I. WARSHAWSKI" SELECTED WARDROBE BY CERRUTIIBBI HhIH CERRUTI 1881 LADIES' BOUTIQUE -02 61 Wisma Atria.Orchard Ro.kl Tel: 7H 188 ft MEN'S BOUTIQUES -01-15 The Paragon, Orchard Road Te1:215%55 -02-54/fto Wimiu Atri.., Orchard R..,k1 Tel: 7M9W -01 45 Fonim C.allena, Orchard Road
      67 words
    • 11 32 Rice, flour prices to take a leap next month, Pg 10
      11 words
    • 170 32 Nikon The World's Finest Photographic System I <PALAU I Mtefpomo SslBBB-00 per Adult 5»2238-00 per Diver Airfare to Patau via Mania Airport Transfers 3N Patau Pacific Resort in Garden View Rooms Welcome Dnnk One night stay in Manila FREE Unlimited use of Windsurfers. Aquacycles. Rafts. Sailboards Canoes DIVERS 4 dhrea
      170 words

  • Shipping Times
    • 395 33  -  By Dexter Lee SINGAPORE Ship fuel supplier South Eastern Oil (S) Pte Ltd (SEO) will soon take delivery of a newly-built bunker barge, the 3,500 deadweight tonne SEO Satu, as part of its fleet renewal programme. Built by Minaminippon Shipyard in Usuki,
      395 words
    • 287 33 Reuter SAN FRANCISCO Directors of San Francisco's rapid transit system picked a US company on Tuesday to build 80 new rail cars over two competing Japanese bids in what some officials saw as an example of a growing "buy American" trend. Bay Area Rapid
      Reuter  -  287 words
    • 111 33 UPI TOKYO Up against an unfavourable business performance in the current fiscal year, Japan Airlines Company will cut salaries of 38 executives by up to 15 per cent for an indefinite period, the company said. Earlier, Japan's largest airline said it anticipates a US$6l million
      UPI  -  111 words
    • 188 33 NYT NEW DELHI Indian Airlines, the state-run carrier, announced plans on Tuesday to buy 12 more A-320 aircraft from the European consortium Airbus Industrie for nearly US$l billion. The purchase of the additional planes was stalled for nearly two years after an
      NYT  -  188 words
    • 860 33 Page Col ABC Containerline 12 1 Accord Group 8 1-3 APL 5 3-5 A PC 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
      860 words
    • 304 33  -  Company likely to develop and operate three ports From Al O Labita in MANILA A FILIPINO company expects to clinch a deal soon with the Vietnamese government that would allow it to operate and develop container terminals in the Indochinese country'. The
      304 words
    • 251 33 AP BEIJING More than 600 people died in shipping accidents last year in China, mostly because crews did not pay attention to safety, an official report said on Wednesday. Vessels from state-owned shipping companies were involved in 67 accidents in 1991,
      AP  -  251 words
    • NEWS SUMMARY
      • 46 33 WHILE airlines lose billions and park their surplus jets in the desert, aircraft makers boast that good times are just around the corner. Even if optimists are correct, who will pay for all the new aircraft they want to sell? Page 2
        46 words
      • 31 33 MCI Communications Corp has won a 10-year. USSSSB million contract to provide long-distance service in a new communications network linking America's air traffic control system Back Page
        31 words
      • 47 33 FEDERAL Express Corp plans to significantly scale back its operations in Europe. Its plan to halt delivery between countries in Europe starting on May 4. a move resulting in a USS2S4 million charge, is the second restructuring by the company Back Page
        47 words
      • 33 33 AT&T has entered into an agreement to supply telecommunication switches to Kazakhstan. a republic of the former Soviet Union, in order to modernise and expand its telecommunications network Back Page
        33 words
    • LOG BOOK
      • 155 34 WASHINGTON A second North Korean ship believed to be carrying Scud missiles or components delivered its cargo to Iran on Friday after US officials concluded that they had no authority to stop it, Defence Department officials said Tuesday. The Bush administration
        155 words
      • 116 34 NEW YORK Under a recently negotiated bankruptcy plan, the common stock of Continental Airlines Holdings is officially worthless. Even the company says so. Yet for more than six weeks, over the company's increasingly strident objections, the American Stock Exchange has continued to permit Continental shares to
        116 words
      • 96 34 KARACHI Some 6,000 drivers of oil tankers went on strike here on Monday to protest the killing of a driver by bandits in the interior of Pakistan's southern Sindh province. Bandits killed Abdul Bari and abducted another tanker driver during an attack on Sunday between Matriari
        96 words
      • 122 34 BEIJING China's third largest city, Tianjin, in the north, is due to open new air routes this year with South Korea, Japan and Burma, the Xinhua news agency said on Monday. The date for the opening of the new routes, to be introduced because
        122 words
      • 50 34 CHITTAGONG, Bangladesh Two cargo planes arrived here on Monday carrying relief from the United Nations High Commissioner for Refugees (UNHCR) for Burmese Muslim refugees in Bangladesh, airport officials said. The planes arrived from Germany and were being unloaded at the port city's Patenga Airport, they said.
        50 words
    • 1263 34 Aircraft makers say new ways to finance USs4Bob worth of aircraft purchases have to be found The Economist IT BEGAN a year ago when Dan Sabovich, the general manager of Mojave Airport, agreed to park a couple of jets at the former Marine Corps base
      The Economist  -  1,263 words
    • 761 34 DRY CARGO freight rates sank lower as key grain routes were fixed below last-done, but futures rose on the back of reports Russia and the Commonwealth of Independent States (CIS) needed May/June grain, brokers said on Tuesday. The Baltic Freight Index shed five points at 1,215 and the
      761 words
    • 6372 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
      6,372 words
    • 3187 47 A ■i. rn.SC Contaiacrline NV: Bclsin Shpg \gcncics Ptc Ltd (SyMarinc Handling Sdn Hhd (PK/PN). Vcrord Croup: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). \dkris Business Corporation Philippine: < aKouivc Shpg Trdg Ptc Ltd (S) \hrenkicl liner Service: Kim Shpg r rdg (S). \lbuiros Sea-Air Scrvicr Frata
      3,187 words
    • 258 47 Abacus Couriers Td: 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 Supplier Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax *****50. Cluster Link Supplies A Services
      258 words
    • 1521 47 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activmir Singapore Tel: 542-7821 Fax: *****20. Aeroiink Freight International Td: 545-8033TFax: *****05. Aerosoeed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74. *****50. Air Market
      1,521 words
    • 3734 48 ARGENTINA Labour working normally. Buvnos Aires: Port busy; no congestion; arrival have berthed without delays; situation with congestion in fiscal warehouse has improved and berthed cargoes are suffering less delays in entering warehouses. San l-oreiuo: Four vessels berthed of which 2 loading grain. I loading vegetables oil. I
      3,734 words
    • 556 48 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY 7 TODAY KAL KE697 B747F 0150 1 SEL KAL KE697 B747F 0440 I BKK SIA SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 I LUX/DXB
      556 words
    • 1310 48 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Alexita: 120, 608 -dwt and built Nov 1972 Mitsubishi, brokers try US$7 million. Co-op Express III: 53,373 dwt and built June 1983 Namura. ideas around US$l4 million but try less. Trans Effort: 42,637 dwt and built Dec 1987 Mitsui Tamano and
      1,310 words
    • 635 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Art Pep Naae of Vessel ETA ETD Ports of Calh Port Age* MARCH 19 19 Song of Rower 0800 1700 Sin-P Tioman Neptune Agencies 19 20 Song of Rower 2200 2230 Sin-P Tioman Neptune Agencies 20 20 Europa 0800 2300 World Cruise Hapag Lloyd 21
      635 words
    • SHIPS IN PORT
      • 459 49 Vesset Voy No Berth Arrival Departue j k kw fa o«rth Arnvd Departire Marina Terminal 1 Sun P07 18 03/1600 1903/1500 Batam Maiu *****2 M05 aloc*s*Je 1903/0500 Batam Speed 25,92* M04 alongside 1803/2100 Sembawang Terminal Batamindo 1 173S M01 alongsrte 18 03/1900 Hor*qi 189 1/92 S03 ator«s<de
        459 words
      • 217 49 n».t x>nore ron Berth: 1: ml; 2: Cargo Express; 3: Altnes; 4: Setya Pratama; 5: Belgorod; 6: ml. 01 jetty: Bunga Selasth DCJ: nil. Due on Mar IS: Paula 11. Championventure V, Kyoei Maru No 1, Lucoma, Cheung Hing, Bunga Bindang. Due on Mar 19: Green Sea,
        217 words
      • 1723 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookii|/Baianc« Rstts Ship Voy No Etb/Btr Period From To From ACX Daisy 24A 21/1000 4 19/1200 19/1459 19/1700 ACX Violet 58 20/1600 1 18/1500 18/1659 18/1900 2 18/1700 19/0659 19/0900 4 19/1200 19/1459 19/1700 AIM 2091 20/0800 1 18/1500
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    • 163 50 UPI NEW YORK AT&T said on Tuesday it entered into an agreement to supply telecommunication switches to Kazakhstan, a republic of the former Soviet Union, in order to modernise and expand its telecommunications network. The 10-year agreement between AT&T network systems international and the Ministry of
      UPI  -  163 words
    • 284 50 The USsssBm network will replace AT&T system NYT WASHINGTON The Federal Aviation Administration has awarded MCI Communications Corp a 10-year, US$55B million (SSS9O9 million) contract to provide long-distance service in a new communications network linking the nation's air traffic control system. Known as the Leased
      NYT  -  284 words
    • 572 50 NYT NEW YORK Underscoring its long-term difficulties in Europe, Federal Express Corp has said it will significantly scale back its operations there. Its plan to halt delivery between countries in Europe starting on May 4, a move resulting in a US$254 million
      NYT  -  572 words
    • 161 50 UPI LONDON TNT Express Worldwide announced on Tuesday it had agreed to perform all US deliveries to Europe for the US courier firm Federal Express, a day after the American company announced it was discontinuing its business between European countries. In a statement issued
      UPI  -  161 words
  • Page 33 Advertisements
    • 17 33 Llims and Mrvlc* riprmiM by ttw Wthtey of Accr*it* for advertising enquiries, contact Shipping limes Tel 740-2089/740-2090
      17 words
    • 508 33 the FAMOUS noP n *o i Kiamtuk/ mm atsjm MSSHMI224 1833 For more information please refer to Pg. 13 International Maritime L "g 1 M"i Exhibition and Conference n lAA 25-28 March 1992 SingaPOffT 92 World Trade Centre, Singapore Featuring more than 400 exhibitors from 29 countries, the SingaPort'92 exhibition
      508 words
    • 50 33 Air Forwarders 15 Air Fraght Schedule 16 Container Schedule 1/ Courier Services 15 Cruise Ferry Schedules 1( Daily Freights 2 Indei 1 Port Conditions If Stopping Agents I. 15 Shipping Guide 10,11 SNpsales/Tanher Rates 1( Ships in Port 1) Singapore Tides 13 Transport Diary 3 Weather and Sea Conditions li
      50 words

  • Page 34 Advertisements
    • 95 34 </>. It could be a controversial deal between two stock I J/ market stars, a thought-provoking report by L yl 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 the news
      95 words
    • 11 34 The Cockett Bunker Market Report was not available at press time
      11 words
    • 65 34 NOTICE NOTICE ARR: ltd ft ARRV: 11/H/K M.V. Sltl Azerlna Voy. 2/ Sunny Venture Voy. 65 Consignees of all damaged cargoes ex the captioned vessel ts hereby notified that a general survey will be held on the 20th March. 1992 0900-1200 hours. No further survey will be entertained thereafter. Agents:
      65 words

  • Page 35 Advertisements
    • 2004 35 H OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES *****11 *****09 \lVKnr BOOKINGS TEL: *****34 *****58 TERMINAL/CFS TEL: *****18 220 I^BfiSHn pesaka jaroine shipping agencies SON. BHD. k wQOyr J PORT KELANG TEL: *****18 FAX: *****91 *****88 i~\ _iPENANG TEL: *****4 FAX *****1 CFS TEL: *****6 Dedicated to Quality Service ipoh
      2,004 words
    • 2118 35 TRANSPORT DIARY Mar 24-27: V International Congress of Sea Traffic and Port Handling. Cadiz. Spain. Mar 25-27: International Marine Cargo Claims Seminar in association with Lloyd's Law Reports. The Hampshire Hotel. Leicester Square. London. For further details: Conference Dept. Lloyd's of London Press Ltd. One Singer St. London EC2A 4L.Q
      2,118 words
    • 1428 35 TWO SAILINGS TO EUROPE LEISE MAERSK V.9204 ETA SIN 19/3/92 TOKYO BAY V.5241 ETA SIN 21/3/92 VMM Voy ETA ETO Feeder by World Lynx/ DESTINATIONS Aries This week Mc-Kinney Maersk 9204 24/3 oeoo hrs Port CFS 23/3 2359 MRS Keiang Penang OAK LGB HOU MEM ATL MIA CHS BAL PHL
      1,428 words

  • Page 36 Advertisements
    • 1390 36 VOY NO S PORE JEDOAH S'HAMTON H'BURQ LE HARVE KAOA 23/111 19/3 28/3 11/4 7/4 6/4 BHTRT73 HANNOVER EXPRESS 07/311 22/3 8/4 10/4 13/4 14/4 PVHHL. KURAMA 15/112 28/3 4/4 18/4 14/4 13/4 FRANKFURT EXPRESS 81/312 20/3 15/4 17/4 20/4 21/4 KHAH6 POIAN6 KASUGA I 20/113 2/4 11/4 25/4 21/4
      1,390 words
    • 750 36 SEASPAC SERVICE COHTAWm HEAKIUU WRECT SOUTH PACFIC SERVICE SIN NOU SUV PPT PALEMBANG 3301 EB 26/3 7/4 10/4 14/4 IJ BONTANG 350/ EB 0/5 19/5 23/5 28/5 Transit T(m« (13) (16) (22) ALSO ACCEPTING CARGO VIA SUVA TO lAUTOKA. PAGO PAGO. APIA. NUKUALOFA. P. VKA FASTEST SERVICE TO CMLE/PEBU SIN
      750 words
    • 1480 36 raaroiMM im REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE WL/VOT SM AL6 BCL HAM HtE ROT ANT FEL LM' (VM («U (VIA NORAS4A SAMANTHA 9202-3 19/03 06/04 08/04 12/04 13/04 14/04 15/04 16/04 17/04 NORASIA SMGA 9203 3 22/03 13/04 15/04 lt/04 20/03 22/04 22/04 23/04 24/04 NORASIA SUSAN
      1,480 words

  • Page 37 Advertisements
    • 1945 37 01 SI RAITS SHIPPING PTE LTD ■JT 15 Hoe Chiang Road #09-01 Sanlord Building Singapore 0208 Tel: *****88 Fai: *****17 ACCEPTS DUE SMS CARGO SPORE BR OK MIAHUX T" ?iT«" u J"JI ?U" "rtBWJEGGE V 03* 25-K MM 23 30 MM RAJAH SHOOK Vo7£ Ifciara, Lab. KK 19 Mar 20
      1,945 words
    • 1248 37 m SINGAPORE AGENT: P&O J /\tl|'o||iA|*o P&O Containers (Singapore Agencies) Pte Ltd <*■ O 15 Hoe Chiang Road #08-02 to 06 Sanford Building, Singapore 0208 Tei: 225 2233 Tetex RS ***** PNOCSP Fax: 225 5327/222 7517 v CR Number **********0Z EXPORT IMPORT VESML VOV 'PNO -MO 5M ALO 800 ANT
      1,248 words

  • Page 38 Advertisements
    • 528 38 tg—] CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE *Sl WY SPORE RONI/ADAM H'ttJRG MENEM AM MRP SAMJAYA/34W8 !5/« 18/5 23/5 27/5 30/5 HUTAI/25W8 25/5 24/6 21/S 2/7 7/7 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Sublet I* IndMtwiwil. Also tcctpUnf cargo to Casablanca, Port Sakt Port Alexandria, Genoa,
      528 words
    • 1311 38 OHANJIN SHIPPING for VSL rHN LME HAUL IGB OAK FBI OL M |UK HAU MV IN RTC HANAN SEATTLE 022E 22/3 ORECI 12/4 15/4 FBNOUMO NT 2MN 23/3 H. SAVANNAH (3IE 30/4 1/5 J/5 HANJtN HONGKONG 03* 29/3 ORECT 19/4 22/4 HARM OCJU NK 30/3 R. FNHKBTY I2IE 7/5 |/5
      1,311 words
    • 1285 38 JJ d "IcT"T33^^k I w w iu lit u *i os ki w m in cie ui it: i« m n nf w m w w I I 601 Of* HIM 2VI l»/l 11/1 1/4 1/4 7/4 1/4 It/4 11/4 12/4 24/4 l/S 1/1 I|/J M/ 5 21/1 22/S 21/1
      1,285 words

  • Page 39 Advertisements
    • 2042 39 j NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: (TOLL FREE) NEP7UNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 JV UK/EUROPE SERVICE *****89 IMPORT CFS MB2 *****69/*****96 AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 NEPLINE SDN BHD MALAYSIA
      2,042 words
    • 1049 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****57/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 lOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERBHIP SERVICES umaajHP—wscHMqH6 i«TBOUM)-io«iiG nwnwrtp wnonaowi mail wt wt |tw lit
      1,049 words

  • Page 40 Advertisements
    • 1630 40 K 4 4 W AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W W TEL *****77 TELEX; KAWAKIRS23I6S FAX: *****07/B^9 > M r V MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD I JL ■*M* M TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD
      1,630 words
    • 1208 40 PHIU-ORKNT UN€S PTC LTD W 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA.... JtSU WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUtTtIALiA/NEW ZEALAND/SOUTH PACIFIC FCk/LCL SgßVlCg]— 20 MAR SYDNEY. MELBOURNE. BRISBANE. FREMANTLE
      1,208 words

  • Page 41 Advertisements
    • 1202 41 SSSssmmam pacific international lines (pte) ltd mmmmmmmmrn J 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CH MQ: **********0E I JAKARTA 1 [BANGKOK r "'~sWUittl VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN KOTA RAKVAT 121 22/3 24/3 29/3 SRISAMUT (THAI FLAG) SRS2IO 20/3 23/3 27/3
      1,202 words
    • 1269 41 EacßenV I F CLASS CONTAINER TRANSPORT FEEDER VESSEL I PENANG PKELANG I OCEAN VSL/VQY SIN SOU(1 RTM (2) HAM (3) GOT (4) ANSON/TBN 20/3 2W3 NIHON 2112 24/3 10/4 12/4 13/4 15/4 ANSON/TBN 27/3 28/3 BENARTY 2122 3W3 17/4 19/4 20/4 22/4 ANSON/TBN 3/4 4/4 ALSIA 2132 7/4 24/4 26/4
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    • 572 41 M MYANMA «BBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore PKIf Pen P.Gd| MYOMAYWA VI4ON m Pt 9d AVA VII4W to Pt Sid SM PAGAN VISON 20/22 Mar PMVA VI2IW 25/27 Mjr 21/24 Mar MERGUi VII3W 31/2 Apr 27/31 Mar THE BANK LINE service of Andre*
      572 words

  • Page 42 Advertisements
    • 577 42 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS WY SP n KK M 11 U» UK CtSMC CNAILENSER IS kN 21/3 12 21/3 14/3 ASEAN TRAMR" I 13/3 M/ «A*E MM 23 21/3 2 31 3 l/« 4/4 FUK AST PUT 3 1/4 NAM AN lON 22
      577 words
    • 77 42 \REGULAR CWYEKIIONALSERvicES^ [Spore P Kelang Loading for I FURIA 20/3 24/3 Rdm /At ml UK/Nantes I SEA HOPE I 10/4 14/4 Rdm/Atw/UK/Nantes I [Spore Loading for I LtSt 20/3 Hodeidah/ieddah/Aqaba/Port Said I PUMA 20/3 Aden/Hodeidah/Jeddah I GEMINI 21/3 Oubai/Dammam/Bahrain/Kuwait I [Spore Loading for PAN MARINER Los Angeles/New Orleans/ I Charleston/Norfolk/Camden
      77 words
    • 104 42 AOotssidl 800 Australia New Zealand fife Weekly LCL Consolidation fem W CARGOFLO. Singapore-Australia Fremantle Adelaide Melbourne i Sydney Brisbane Singapore-New Zealand v f > Auckland Wellington Lyttleton 1 1 wf New Plymouth Napier Chrlstchurrh 1 J Jfj V*** w l mMm Fax: *****83 >7 [5551 EUROPE/S.E.A. BREAKBULK SERVICE I PHBL
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  • Page 43 Advertisements
    • 1270 43 NEDLLOYD GIVES YOU WEEKLY LCL YO EUROPE Nedlloyd Lines FEEDER VESSEL PKG PEN OCEAN VESSEL SM LEH RTM(I) HAM(2) BftV FL* SOU GOT vtsstl pj, fn It b Sbaya Auckland tan. LrttJl«(B) 0w«to(B) n«m MK»(0 W Bhum/565 -B. Seroia/836 20/3 19/3 CGM Normand.e/2062 24/3 11/4 12/4 14/4 15/4 13/4 14/4
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  • Page 44 Advertisements
    • 793 44 TO AUSTRALIA/NEW ZEALAND p* iFrtm 1 1Mb |5,4 I Audi INK If CHAIM iuen HUUG n? 20/3 TUI Tii V4~"T774~- 1375 "wssnlii t4/4 21/4 "ST* s7T~~ TJi c «*om« 2W 2i/4 «/s 717T~ Tvs "wi~ 247s MITWWN 2* IJ/S IJ/S 24/5 M/S 57T" «/i TO USA/CANADA «I Si |GuN Pari
      793 words
    • 876 44 P i i "iiiiy EXPORTS TO HONGKONG, TAIWAN, MANIA I JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUND VOY PKL PEN MT SM MNL HKG KAO KEE TYO TOR SMI NGO KOB II VESSEL VOY |SX |PKL PEN BIN MM ACX VIOLET 58 "163 *113 17 3 20 3 24 3
      876 words
    • 151 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA ETA SPORE PORT KEIANG PENANG BLUE lAOE 25/3 Lo»dmt lor Male RUVAI HUDHU 2/4 loading lor Calcutta OOirMN Sate) loading For Male PIONEER SUPREME 10/4 loading For Mate 00NAKULHI 3/4 loaded For Fefeaaru PROGRESS LKRTY 5/4 Loading tor Male PO€ER
      151 words
    • 1675 44 I/S CHINA OCEAN SHIPPING COMPANY CONTAINER UNER SERVICE MALAYSIA S AGENTS SWGAPORES GENERAL AGENTS MOOKSU S AGDTTI CHUNG CHIAO SHIPPING SON BHD COSTAR SHIPPING PTE LTD P-J- GLOBAL PUTRA KL Til *****91/17 FAI *****92, ***** Mt L,U |NnON rc. A MARITIME P. KIANG TU 36H1M/I Til MA ***** ISv. 22
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  • Page 45 Advertisements
    • 637 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, STORE 0207 HOT LINE *****33 24 LINES LIMASSOL PIRE AUS 21/3 ROTTERDAM 21/3 HAIF A/ASM>OO/ALEXANDRIA 21/3 HAMBURG/BREMEN 21/3 MARSEILLE/FRANCE 21/3 FELIXSTOWE/UK 21/3 BARCELONA/SPAIN 21/3 LEHAVRE/ANTWERP 21/3 GENOA/ITALY 21/3 GOTHENBURG/SCANDINAVIA 21/3 LOS ANGELES/WC/IPI 21/3 SYDNEY/MELBOURNE 23/3 NEW YORK/EC 21/3 FREMANTLE 25/3 VANCOUVER
      637 words
    • 801 45 TH RICHFIELD MARINE A6ENCIES (S) PTE LTD IB TEL: *****33 (12 Uim) IT! FAX: *****18/22*3303 IPEJI TELEX: R8 ***** ROHIP (3 UnM) > ETHtOPIAN SMPPMG LMB r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOADING FOR SPORE ABYOT 28WB IS/04 OAAESSAIAAM. MOMBASA DJIBOUTI ASSAB. MASSAWA NETSANET
      801 words
    • 785 45 JAKARTA BANGKOK I I W *1/03 24/03 MM BHUM* 497R Thw 10/03 Urn 22/03 M BEIUA MM 2tS 21 03 )AWJ BHUM## 20W fh 20/03 Ml 23/03 I Ml BHUM IMS 2t 03 31 03 MAMA BHUM# 100R Sat 21/03 Tue 24/03 ■DIM BHUM 27S 01 04 07 04 RARTA
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  • Page 46 Advertisements
    • 1659 46 1 s^\3 m AC-NELS S'PORE MPORT: *****11 I PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 j P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 j PORTS CCjjl|o/S. AFRICA PFN PK SIN PEN PK SIN Oi/i oc/0 ,j_/r, /D-. Colombo 14/3 20/3
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    • 286 46 jtefc BLUE s l,ne TO FROM D/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN Ml MO. ITT W PItEMCR ITS »/3 1/* 9/4 */4 MULBOU 273 1/4 20/4 VIA Wl 22/4 1/5 AUST STAR 0511 21/4 3/5 W* »/5 21/5 FULLY CONTAINERISED SAILINGS DISCHARGING
      286 words
    • 1110 46 I THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER I CONTAINERIIIRVICM SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA vessel [vor Inn licst vessel vot spme p. wmk
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  • Page 49 Advertisements
    • 62 49 HIAP HOE SHIPPING PTE LTD. WEEKLY SERVICES TO KAMPUCHEA/PHNOM PENH [VESSEL |VOY ETD (SIN) ETA Phnocn Penh| TONG HOC 04/92 19/3 25/3 TONG SERN 03/92 23/3 31/3 SPRING STAR 04/92 27/3 04/4 CHOL THEE 04/92 31/3 06/4 TONG AIK 03/92 03/4 21/4 TEL: *****66 Tlx: RS ***** HHSHPG FAX: *****10
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    • 56 49 I ACCEPTING LCL/FCL WEEKLY ON CONFERENCE VESSELS 1 H MADRAS BOMBAY CALCUTTA COLOMBO KARACHI CHITTACONG I rowi gaum rmmu/coHsoLM m mut swcmtmht rims r w KYC LINE {rfL I KYC CARGO SERVICES (S) PTE LTD BOOKINGS: HINDRAN/CALLIE/MEI MING TEL: 225 8555 FAX: 224 4427 U.S.A. 21/3/92 SYDNEY 20/3/92 AUCKLAND™' 23/3/92
      56 words
  • Page 49 Miscellaneous
    • 296 49 TIDES AND WEATHER TODAY'S TIDES (Iwjflit in metres) HOW 0000 0100 0200 0300 MQO 0500 06M 0700 0100 0900 *****100 12M*****400 ISM ICMI7MIMOI9M 20M 21M 22M 23M JR 28 26 U 15 09 06 05 06 09 1.7 2.5 31 3.2 30 2.5 1.8 1.1 07 04 04 06 1.2
      296 words

  • Page 50 Advertisements
    • 1137 50 Every Saturday Business Times /HYUNDAI MERCHANT MARINE CO.!LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST fgna vot run pq> aw lwhm wi k*o l» oak sa iwt hau. »ot mo tcm/sea pti NAN HM 2QC NOW 11/03 12/03 13/03 H. CHALUNGU 4X 20/03 OC/04 09/04 12/04 MY MDGI (31
      1,137 words
    • 677 50 mfm&wm Every Saturday in Business Times 11 11 1 OUR SERVICE CALLS fn*> lr«m «nm MOW »«•«< Hr LM OM HOU Ml M/ MX MEM WW SINGAPORE MM WOW 11/ II MIMTW con—US »M«3 HM/ll 11/ M IS/M IJ/M IJ/M lt/M li/M lt/M 11/14 DIRECT EVERY «mm iim n/13 >iik«hii
      677 words