The Business Times, 20 March 1992

Total Pages: 46
1 46 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Friday, March 20, 1992 75*
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  • NEWS SUMMARY
    • 67 1 WASHINGTON The US trade deficit fell 3.9 per cent in January to US$5.B billion, the Commerce Department said, as cheaper oil and weaker demand kept import costs down. Imports fell 1.4 per cent from December to US$4l.3 billion, while exports declined
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    • 54 1 BANGKOK Thailand's current account deficit widened to an estimated 12.0 billion baht in February from a revised 11.5 billion in January but against 18.9 billion a year ago due to a lower tourist revenue, the Bank of Thailand said. The January deficit was earlier put
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    • 32 1 ANALYSTS expect the appointment of a democraticallyelected government in Thailand to woo back the millions of dollars of investment lost because of the military coup last year Page 2
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    • 28 1 PRICE AND rental growth in Bangkok's retail property market will slow down in the next two years, predicts Chesterton Thai Property Consultants Ltd Page 2
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    • 23 1 BUSINESS Environment Risk Intelligence (Beri) has widened Singapore's lead over Switzerland in its latest global labour force survey Page 3
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    • 35 1 TWO electronics component manufacturers Venture Manufacturing (Singapore) Ltd and Chuan Hup Group subsidiary PCI are making plans for a listing on Singapore's Sesdaq market within the next two weeks Page 4
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    • 34 1 MALAYSIA should prepare for the adverse effects of a global slowdown on its economy already overheated by five years of rapid growth, bankers and economists warned on Wednesday Page 9
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    • 33 1 VIETNAM plans to throw open for bidding three oil blocks in the Gulf of Tonkin which were relinquished by France's Total after it failed to find oil Page 8
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    • 22 1 THE HEAD of Singapore's Urban Redevelopment Authority has called Hongkong's port project "very exciting". Shipping limes Page 1
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  • MARKETS SUMMARY
    • 30 1 WALL STREET stocks opened higher yesterday with the Dow Jones index of leading industrials climbing 10.06 points (0.31 percent) to 3,264.31 in the first five minutes of trading.
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    • 22 1 LONDON shares were lower at midday yesterday. At 1200 GMT, the FTSE 100 index was down 5.1 points at 2,459.6.
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    • 31 1 WING TAI Holdings' earnings for the six months ended Dec 31, 1991, rose 29 per cent to just under $7 million, up from $5.4 million Page 5
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    • 36 1 A RECOVERY in the hotel and tourism sectors helped Shangri-La Hotel Ltd's performance in the second half of 1991, but full-year net earnings still fell 38.4 per cent to $20.12 million Page 5
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    • 30 1 MOUNT CHARLOTTE Investments pic, a joint venture between Brierley Investments Ltd and the Singapore government, posted sharply lower profits of £1.5 million last year Page 6
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    • 28 1 VIETNAM'S Bank for Foreign Trade, Vietcombank, plans to set up its first overseas branch in Hongkong and establish trading and manufacturing companies there Page 7
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    • Article, Illustration
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  • 457 1  -  Rise in prices will be the first after 11 years From Chew Eng Han in KUALA LUMPUR THE Malaysian cement industry may see higher prices soon for the first time in 11 years. Industry observers say the likelihood of upward adjustment is
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  • 284 1 AFP, AP, Reuter TOKYO JAPAN'S economy shrank 0.05 per cent from the previous quarter in i 991 *s last three months. The Economic Planning Agency said yesterday that in annual terms, the shrinkage in the gross national product represented a 0.2 per
    AFP,; AP,; Reuter  -  284 words
  • 487 1  -  South Africa's referendum From Dee Rissik in JOHANNESBURG ASIAN DIPLOMATS and business groups welcomed the overwhelming "yes" vote in the South African referendum and predicted this would lead to increased investment from Asia. A spokesman for the economics division of the Japanese
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  • 292 1 Reuter, AP SINGAPORE Share prices in Tokyo rose sharply yesterday on expectations that the Japanese central bank will cut interest rates, while the US dollar was lower against the yen in the late afternoon. The 225-issue Nikkei Stock Average climbed 420.78 points,
    Reuter,; AP  -  292 words
  • 464 1  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA plans to relax its rules governing the hire purchase of motor vehicles after intense lobbying from auto distributors hit by a slump in sales. But the move, expected to be announced next
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  • Page 1 Advertisements
    • 318 1 O c s*s >» v> sfvrS 100S COTTON DOCKERS' PANTS BY LEVIS LEWS BOUTIQUES: *02-19 Cantraporr* *61-84 Wtama Alria *01-16 Lucky Plua *01-24 Forum Tha Shopping Mali *01 09 Shaw Laiaura QaH*>y *01-41 Parkway Parada *01 19 Chmaiown Point *01-03 Th# Adatpn* CONTENTS Aircraft Schedule 27 Commodities 26 Company News
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    • 20 1 Central bank planning to cut key discount rate: reports Editorial, Pg 10 S Africans brave a new world, Pg 14
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    • 128 1 Fesyen Paling Baru -a,. TONY SHOES TRADING CO., #04-11 Irving Road, Irvine Industrial Building, Singapore 1356. Tlx: ***** TONYSO Fax: *****21 Tel: 2K*****/*****77 Yesterday in Parliament Reports in Page 3: Incentives plan for holding on to Telecom shares Single judge to hear capital cases Japan's military role IF American and
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  • PAGE 2 NEWS
    • 658 2 AFP BANGKOK Foreign investors, who put Thailand on hold after last year's military coup, are expected to return to carry out business as usual no matter who wins the elections later this month. Both foreign and Thai financial experts see the
      AFP  -  658 words
    • 577 2  -  Run-up to Thai election Flood of supply of retail space will slow down rental, price increase Clarissa Tan SINGAPORE Price and rental growth in Bangkok's retail property market is expected to slow down in the next two years, according to a report by Chesterton
      Source:\ Chestertan Thai Research  -  577 words
    • 426 2 Economic and trading ties with poor neighbours still one aim AFP BANGKOK Even daring gamblers might balk at punting on political developments in Thailand after Sunday's elections, but one prediction seems safe: the country's thrust to become an economic hub will continue.
      AFP  -  426 words
    • 529 3  -  Yesterday in Parliament Reports by Chuang Peck Ming ,Sylvia Wong IT WILL pay to keep Singapore Telecom shares as a long-term investment. Incentives will be given to those who buy the shares to hold on to them. Communication Minister Mah Bow Tan
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    • Parliament briefs
      • 63 3 CONSTRUCTION of a new building to house a new Parliament chamber at the southern end of the Attorney-General's Chambers starts next year. When completed in 1995, the new parliamentary complex 'will be three times the size of the present complex. The present Parliament House will
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      • 64 3 THE VOLUME of traffic waiting to enter the restricted zone after 6.30 pm has risen 20 per cent in the past six months. Communications Minister Mah Bow Tan said that if the Area Licensing Scheme were lifted in the evening, the volume of traffic entering the
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      • 62 3 THE VEHICLE quota system will be relaxed if Electronic Road Pricing (ERP) proves as effective as the government believes. Communications Minister Mah Bow Tan said other statutory charges on vehicles, such as road tax, would be reviewed after the pricing system was worked
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      • 127 3 TAXI OPERATORS may soon have more flexibility to set their own fares. But Communications Minister Mah Bow Tan said any changes would take public interest into account, such as confusion over too many taxi charges or overcharging. Lew Syn Pau, Member for
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      • 54 3 THE MASS RAPID Transit system will not be extended to Changi. Communications Minister Mah Bow Tan said there was not enough demand to justify an extension. He said that if the government built loss-generat-ing lines, the MRT operator would have to subsidise them with
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      • 73 3 DIESEL TAX will now be pro-rated on a daily basis on the actual period of use. Under an amendment to the Customs Bill passed yesterday, diesel tax will be computed on the date of registration of a vehicle instead of the first day of the month. If
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      • 50 3 PARLIAMENT has approved the issue of $100,000 million of government securities over the next five to 10 years. About 80 per cent of them will be issued to the CPF Board. The remainder will be issued to banks, insurance companies and other corporate and individual investors.
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    • 386 3 CAPITAL cases will, in future, be heard by only one judge instead of two. Parliament yesterday amended the criminal procedure code so a single judge of the Supreme Court can hear and determine such cases. Law Minister ProfessorS Jayakumar said the cases would be
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    • 468 3 SINGAPORE Dow Jones and Company is replacing the British editor of the Far Eastern Economic Review in what some see as the inevitable Americanisation of the magazine. The American publishing group, which took full ownership of the Review in 1987, is replacing
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    • 459 3  -  Reports by Anna Teo SINGAPORE Business Environment Risk Intelligence (Beri) has widened Singapore's lead over Switzerland in its latest global labour force survey. Beri's 1992 labour force evaluation measure (LFEM) sees Singapore shrugging off the mounting Swiss challenge in the
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    • 289 3 SINGAPORE The economy will not be able to grow more than 5 per cent this year as the slowdown that begun last year continues, says Beri. But a recovery is in sight early next year. It lists four reasons for
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  • Page 2 Advertisements
    • 445 2 John Keells Singapore 0> C 0) CO "C c Ct3 O) c: CO Q> <£ o> c s CO John Keells Holdings Limited a highly diversified conglomerate consisting of 40 companies, is your effective marketing channel for Sri Lanka's primary products, manufactured goods and services. With the opening of its
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    • 246 2 The 2nd Asia Pacific Imaging Information Management Conference Exhibition in Singapore Conference: M 14 April 1992, WTC Convention Centre Exhibition: 14 15 April, 1992, World Trade Centre. H.ill 6 £#/IC'92 flin92 Keep abreast with rapid technological changes now taking place! Learn how to create overwhelming competitive advantage over your competitors
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  • Page 3 Advertisements
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  • SINGAPORE NEWS
    • SINGAPORE ROUNDUP
      • 72 4 A ONE-DAY seminar on Financial Innovation and Risk Management will be held on April 30. Dr Ngiam Kee Jin and Dr Lim Boon Tiong, of the Economics and Statistics Department of the National University of Singapore, will present theoretical analyses of the topics. There will
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      • 40 4 TWO members of the Russian Commodities and Raw Materials Exchange are in Singapore to see if local companies are interested in joining the exchange. The Russians will hold talks with Keppel Corporation, Temasek Holdings and other major companies.
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      • 43 4 COUNTRY Direct Service is now available for telephone calls to the island of Guam. With Call Guam, a traveller can phone on a collect basis or charge the call to a credit card by dialling 800 6710 before the number.
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      • 21 4 THIRTY-FIVE Esso marketing executives will be in Singapore for an international Exxon/Esso retail managers' meeting next week.
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    • 318 4 CONCERNED about the recent arrest of five of its staff members for drug smuggling, Singapore Airlines is said to be taking stern measures to ensure that its employees do not abuse travel privileges. It has reminded them that such privileges are only meant
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    • 344 4  -  Venture Manufacturing to make offer today, PCI announcement next week By Joseph Rajendran TWO electronics component manufacturers plan to list on Singapore's secondary exchange Sesdaq within two weeks. Venture Manufacturing (Singapore) Ltd is expected to make an initial public offering today while PCI,
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    • 427 4 THE Housing and Development Board (HDB) will announce details of the next phase of the upgrading programme within the next six to eight months, said the Minister of State for National Development Lim Hng Kiang yesterday. Speaking at a press preview
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    • 356 4  -  By Ang Wan May GES Singapore, producer of the Datamini range of personal computers, has found a new business partner in Indonesia and expects to increase annual sales there by $5 million. GES has invested $800,000 in PT Data Minindo, a dealer in Datamini
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    • 426 4  -  By Colin Tan THE Urban Redevelopment Authority (URA) is offering for the first time two parcels of state land for development as heavy vehicle parks. Located off Old Toh Tuck Road, the adjacent sites of 14,744 and 15,583 sq m
      426 words
  • Page 4 Advertisements
    • 444 4 WING TAI HOLDINGS LIMITED (Incorporated in the Republic of Singapore) INTERIM RESULTS FOR THE HALF-YEAR ENDED 31ST DECEMBER 1991 The Directors ere plowed to announce the following:1. Unaudited reautte of the Group end of the Company for the half-year ended 31st December 1991 (ii) In the opinion of the Directors,
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    • 70 4 mm Seafood Steamboat Bvffet at Chao Phaya Holland Village Dip into a feast of seafood, assorted meats and vegetables. PLUS a buffet spread of exotic Thai desserts. Every Friday, Saturday Sunday: 6:30 -10:00 p.m. Adult: $15.00+ Child (under 10): $10.00+ (plus 5% service charge) N Wr i 4 t 1.
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  • COMPANY NEWS 1
    • 309 5  -  By Lee Han Shih SINGAPORE Wing Tai Holdings yesterday announced a 29 per cent earnings increase for its first half, but gave a veiled hint that the result in the second half is unlikely to be equally sparkling. For the six months
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    • 368 5  -  By Carolyn Lim SINGAPORE Singapore Electronic Engineering Ltd yesterday announced an 8.2 per cent rise in net earnings for 1991 to $4.21 million despite a lower profit in the second half of the year. Its net earnings were marginally better than the $4 million
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    • 244 5 Higher net earnings for UOI, Industrial Commercial Bank SINGAPORE United Overseas Insurance Ltd (UOI) and the Industrial Commercial Bank Ltd, both part of the United Overseas Bank group, have both reported increases in net earnings for the year ended Dec 31, 1991. UOl's 1991 net earnings climbed 47.7 per cent
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    • 706 5  -  THE HOCK LOCK SIEW COLUMN Investors are the best judge of such practice in listed companies By S N Vasuki SINGAPORE While their influence in the West has diminished over the years, family-owned and managed companies continue to thrive in Asia.
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    • 331 5  -  By Sangeeta Mulchand SINGAPORE A recovery in the hotel and tourism sectors helped Shangri-La Hotel Ltd's performance in the second half of 1991, but fullyear net earnings still fell 38.4 per cent to $20.12 million as turnover slid 13.6 per cent to
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    • 188 5 Highland Lowland's net earnings jump 48pc SINGAPORE Buoyed by a 111 per cent rise in investment income and higher palm oil prices, Malaysian plantation firm Highlands Lowlands Bhd performed well in 1991. Its unaudited results for 1991, released yesterday, showed a 2.7 per cent rise in group turnover to M
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    • 308 5  -  By Quak Hiang Whai SINGAPORE Great Eastern Life Assurance Company Ltd, whose group surplus grew 19.3 per cent to a record $35.7 million last year, has proposed a one-for-one bonus issue for shareholders. In a statement yesterday, the local life insurance giant said the
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    • COMPANY BRIEFS
      • 75 5 SINGAPORE The net earnings of Sesdaq-listed Pan Pacific Publications Ltd fell 0.7 per cent to $1.52 million in the six months to Dec 31, 1991, compared with 1990. Turnover slipped 3.4 per cent to $2,0.2 million. Earnings per share fell to 46 cents from
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      • 88 5 SINGAPORE The Lion Land Bhd group has registered a pre-tax profit of M 510.5 million (556.7 million) for the six months to Dec 31, 1991, compared with a pre-tax loss of Ms 7 million in the same period of 1990. Net profit was Ms9.B million, compared
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      • 32 5 SINGAPORE The board of directors of Overseas Union Securities Ltd has announced that the group's unaudited net tangible asset backing per $1 share was $2.76 on Jan 31, 1992.
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      • 49 5 SINGAPORE Malaysia's Foreign Investment Committee has approved Wing Tiek's acquisition of the entire paid-up share capital of Kota Tanjung Realty Sdn Bhd. The acquisition comprises 100,000 shares of Msl each for a total cash consideration of M 56.73 million or M 587.33 a share.
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      • 27 5 SINGAPORE Uniphone Telecommunications Bhd's acquisition of property in Kuala Lumpur for M 516.8 million (5510.7 million) was approved by Malaysia's Foreign Investment Committee.
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      • 94 5 KUALA LUMPUR Malaysia's national oil corporation, Petronas, is to bail out debt-ridden Sabah Gas Industries (SGI), a project of the eastern Malaysian Sabah state government, SGI officials said yesterday. SGI, launched with a M$ 1.8 billion (S$ 1.15 billion) loan guaranteed by the Malaysian government,
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    • COMPANY BRIEFS
      • 63 6 BANGKOK Property developer Tanayong Co Ltd has won Cabinet approval of its proposed 30-year concession to build and operate a 14.5-km elevated rail system for Bangkok's central business district. Tanayong's chief executive Khiree Kanchanapas said earlier construction of the two-line, US$7lO million system could
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      • 81 6 HONGKONG Hongkong Shanghai Hotels Ltd's net profit for 1991 fell 6 per cent to HKS3I3 million from HKS333 million a year earlier, and earnings per share slipped to 32 HK cents from 34 HK cents. Turnover was almost flat at HKSI.74 billion compared to HKSI.72
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      • 71 6 HONGKONG Hysan Development Co Ltd said net profit in 1991 rose 19 per cent to HK5710.5 million from HK5595.79 million a year earlier, on the back of a 19 per cent increase in turnover to HKSI.O6 billion from HK5892.32 million previously. The property and development
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      • 92 6 SYDNEY The Australian Securities Commission (ASC) said it would sue former directors of failed Compass Airlines for allegedly operating the airline while it was insolvent. Compass is in provisional liquidation after collapsing in December 1991, after only one year in the air. The ASC said in
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      • 143 6 PARIS All takeover bidders in France will have to offer to buy 100 per cent of the target's capital under new rules approved on Wednesday, French stock market regulator Conseil des Bourses de Valeurs (CBV) said. Currently a firm or group of firms that raise
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    • 494 6  -  Brierley-S'pore govt venture posts loss in first half, picks up in second By Schutz Lee SINGAPORE Mount Charlotte Investments (MCI) pic, a joint venture between New Zealand's Brierley Investments Ltd and the Singapore government, has reported a sharp fall in profits
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    • 300 6 Reuter WELLINGTON New Zealand's anti-trust Commerce Commission has withdrawn its case against Qantas Airways Ltd and Brierley Investments Ltd (BIL) over their stakes in Air New Zealand Ltd. The commission said yesterday it had done so because it had achieved its
      Reuter  -  300 words
    • 244 6 Reuter NEW YORK Developer Donald Trump is giving up 49 per cent of the landmark Plaza Hotel to bankers after he failed to raise cash by selling off suites there as condominiums, a hotel official said on Wednesday. The luxurious Plaza, which the
      Reuter  -  244 words
    • 256 6 Reuter LONDON Britain's BAT Industries pic on Wednesday said record profits on its tobacco operations, the second largest in the world, offset huge insurance losses to lift last year's pre-tax profit by 11 per cent. Pre-tax earnings rose to £1.05 billion (SS3.O billion)
      Reuter  -  256 words
    • 401 6 Reuter SEATTLE Microsoft Corp has begun to manufacture an updated version of its popular Windows operating system that could determine whether the company remains the leading maker of computer software. The move was also seen as a bid by Microsoft to preempt the launch
      Reuter  -  401 words
    • 230 6 HONGKONG Regal Hotels is seeking a London listing for one of its companies in the United States in a bid to raise funds for property acquisitions in the country, the South China Morning Post reported on Wednesday. The listing might take place in
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    • 250 6 AFP HONGKONG Dairy Farm International Holdings Ltd, retail arm of the local Jardine group, said yesterday that its net profit had fallen 3 per cent in 1991 from the previous year. It said the consolidated net profit for the year ending Dec
      AFP  -  250 words
  • Page 5 Advertisements
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  • Page 6 Advertisements
    • 432 6 1908 The Great Eastern life Assurance Company Limited (Incorporated in Singapore) The Directors are pleased to announce the folio wing:The Company The Group (d) In the opinion of the Directors, no item, transaction or event of a material and unusual nature has arisen in the interval between the end of
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    • 124 6 (5.30pm to 9.00pm) (9.00pm to 11.00pm) Our lavuh A U carte evening menu cfiez you the unlimited aervingt at either Reamed. Fried, Baked, Barbecued seafoods ar your discretion, •uch at Chilli crab. Pepper crab. Spotted crab. Boiled live prawn, live fuh. Sting ray, Japaneae aba Samba] muaaei Sotong wacumber and
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  • FINANCIAL NEWS
    • 474 7  -  From Harish Mehta in HO CHI MINH CITY VIETNAM'S Bank for Foreign Trade. Vietcombank, plans to set up its first overseas branch in Hongkong, where it already runs finance, shipping and tourism companies. The bank also intends to set up trading
      474 words
    • 412 7 Bernama KUALA LUMPUR Bank Negara has informed commercial banks, merchant banks and discount houses that it would only consider applications to issue private debt securities if they were rated by Rating Agency Malaysia Bhd from May 2. Banking sources said the financial
      Bernama  -  412 words
    • 410 7 Reuter HONGKONG Hongkong and Shanghai Banking Corp's parent seems set to reveal the bank's closest secret, its inner reserves, to win over suspicious local shareholders for a planned bid for Midland Bank pic, analysts say. They can only guess at the size
      Reuter  -  410 words
    • SMALL CHANGE
      • 108 7 TOKYO The Bank of Japan (BOJ) is likely to cut its discount rate as early as next week before the government works out a new comprehensive economic package, a senior ruling Liberal Democratic Party (LDP) official said. "The BOJ may act
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      • 114 7 HONGKONG Wardley Ltd, the merchant banking arm of HSBC Holdings pic, is expected to handle the launch of Asian Development Bank's (ADB) HKSSOO million (S$ 106.8 million) bond issue next month, a banking source said. The source said the issue would probably be in one tranche,
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      • 87 7 AUCKLAND Bankers Trust New Zealand Ltd said its annual net profit in calendar 1991 rose by 65 per cent to NZ519.05 million (S$ 17.28 million) from NZ511.53 million. Operating profit for the wholly-owned subsidiary of Bankers Trust New York Corp rose by 81 per
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      • 78 7 TOKYO A second brokerage head said on Wednesday he would resign to take responsibility for his firm's involvement in questionable trading practices involving artificial prices to disguise losses. Tomiji Yamazaki said he would resign as chairman of Yamatane Securities Co. The announcement came after Yamatane said
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  • Page 7 Advertisements
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  • THE REGION
    • NOTE BOOK
      • 123 8 BANGKOK The Standing Committee of the Convention on International Trade of Endangered Species (Cites) has removed the ban on Thailand's wild flora and fauna trade, the Bangkok-based The Nation reported on Wednesday. Removal of the trade sanction, which caused Thailand to
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      • 107 8 HANOI Vietnam expects its two-way trade to approach US$5 billion in 1992, the Nhan Dan newspaper said yesterday. Exports are expected to be between US$2.3 billion and US$2.4 billion while imports are forecast to hit US$2.4 billion to US$2.5 billion, the Vietnamese Communist Party newspaper
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      • 61 8 PHNOM PENH United Nations Secretary-General Boutros Boutros-Ghali is expected to visit Cambodia in April, the top UN official here confirmed yesterday. "Usually it is UN headquarters in New York which comes out with the official announcement, but those rumours you heard are not without some
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      • 65 8 KUALA LUMPUR Malaysia, in its bid to put its first satellite into orbit in 1994, may seek China's help for the launch, said Energy, Telecommunications and Posts Minister Datuk Sen S Samy Vellu, who was expected to leave for Beijing last night for a
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    • 520 8 AFP KUALA LUMPUR Malaysia should prepare for the adverse effects of a global slowdown on its economy already overheated by five years of rapid growth, bankers and economists warned on Wednesday. "Malaysia appears like an economic oasis surrounded by drying up economies all
      AFP  -  520 words
    • 354 8 Reuter JAKARTA Indonesia, trying to lose its image as one of the world's most determined copyright thieves, is stepping up efforts to stop piracy of audio and video cassettes, but recording industry officials doubt early success. A team headed by
      Reuter  -  354 words
    • 307 8 AFP WELLINGTON The inventiveness and ingenuity of Hongkong people is being used to find new ways to make money in intellectual piracy, Hongkong's Commissioner of Customs Clive Oxley said on Wednesday. The rackets involve book piracy, unauthorised mass commercial photocopying of
      AFP  -  307 words
    • 354 8  -  France's Total gave up blocks after fruitless search From Harish Mehta in HO CHI MINH CITY VIETNAM is reopening bids on three oil blocks in the Gulf of Tonkin which were relinquished by France's Total last year. Total gave up the blocks
      Source: Petrovietnam  -  354 words
    • 152 8 AFP, Bernama KUALA LUMPUR Singapore's recent move to impose curbs on Malaysians going to work on the island in Malaysian-registered vehicles could spark off" another row, Kuala Lumpur officials said yesterday. Foreign Minister Abdullah Badawi said that the
      AFP,; Bernama  -  152 words
  • Page 8 Advertisements
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    • 455 8 (Mim) ACMA LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of the Company will be held at The Conference Room, 17 Jurong Port Road, Singapore 2261 at 9.00 a.m. on April 4, 1992 for the purpose of
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  • THE WORLD
    • 553 9 Kohl to present Bush a proposal this weekend IHT PARIS The European Community and the United States were still on track on Wednesday for a farm compromise critical to the completion of the Uruguay Round of global trade talks, despite a
      IHT  -  553 words
    • 442 9 NYT WASHINGTON The Bush administration is almost certain not to seek Congressional approval of a free-trade agreement with Mexico and Canada this year, although it hopes to conclude talks on a pact in the coming months, senior administration officials said
      NYT  -  442 words
    • 50 9 KOSHNITSA, Moldova A peasant woman pushing a pram loaded with her belongings past an armoured personnel carrier as she fled across a bridge 14 km east of Kishinyev on Wednesday. Refugees continue to flee from the area where Russian minority rebels are fighting for an independent state.
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    • 390 9 NYT WASHINGTON Adding to recent reports of economic upturn, the Federal Reserve said on Wednesday that business sentiment nationwide was "moderately more optimistic" than it was at the beginning of the year, although some caution remained. Based on interviews as recent
      NYT  -  390 words
    • 231 9 NYT WASHINGTON The Senate failed on Wednesday to override President George Bush's veto of legislation that would have required China to release political prisoners, curb arms exports and end import restrictions if it wanted to keep its favoured access to
      NYT  -  231 words
    • 494 9 Booming private sector weighed down by state industry Reuter BEIJING China is expected to announce another record budget deficit for 1991, bloated by subsidies to mon-ey-losing state industry and the spiralling cost of feeding the communist welfare state. The good news will be
      Reuter; Source: The Economist Intelligence Unit, Reuter  -  494 words
    • WORLD WATCH
      • 81 9 TOKYO Japan's gross national product (GNP) in the December quarter was unchanged from the previous three months, bringing the rate of expansion for 1991 to 4.5 per cent, the Economic Planning Agency said yesterday. The annual pace of economic growth was down sharply from
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      • 113 9 TOKYO Nearly 40 per cent of Russians would favour the conditional reversion of four Russian-held northern islands to Japan, Kyodo News Service said in a survey report on Wednesday. Kyodo said the survey, which was conducted between Feb 2 and March 6 by Russia's International Sociological
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      • 59 9 TOKYO The average savings of Japanese working households rose 6.5 per cent from a year earlier to 11.28 million yen (S$ 139,760) at the end of 1991, a government agency said on Wednesday. But their average stock holdings dropped 18.2 per cent to 820,000 yen, the
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      • 61 9 TAIWAN Taiwan signed its first science and technology cooperation accord with Russia on Wednesday despite the absence of diplomatic relations but amid expanded exchanges between the two countries, officials said. Officials with the Cabinet-level National Science Council (NSC) said the accord was signed by NSC chairman Hsia
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      • 65 9 SEOUL South Korea plans to handle all trade and joint ventures with North Korea through a joint economic ex-changes-cooperation committee due to be set up in May, a top official was quoted as saying yesterday. Vice-Economic Planning Minister Han Kap Soo, however, said inter-Kore-an economic cooperation
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  • Page 9 Advertisements
    • 412 9 Is the recovery too weak to generate jobs? Page 11 Singapore Electronic Engineering Limited (Incorporated in the Republic of Singapore) Singapore Technologies Industrial The Board of Directors of Singapore Electronic Engineering Limited is pleased to announce the following audited results of tire Group for the year ended 31 December 1991
      412 words

  • 463 10 EDITORIAL SOUTH AFRICA returned to the international community yesterday after nearly five decades in the wilderness. The resounding margin by which white South Africans rejected the bigoted naysayers gives a powerful impetus to reforms mooted by President F W de Klerk since he assumed power in
    463 words
  • WHAT THE OTHERS SAY
    • 268 10 IN Parliament this week, Mr Goh Choon Kang (Braddell Heights) voiced concern that some Singaporeans were identifying more with dialects than with Mandarin. The response of Brigadier-General (Res) George Yeo, Minister for Information and the Arts, was to declare that the government would neither encourage nor
      268 words
    • 90 10 MANY parents are happy with the new scheme of primary one registration announced by the Education Ministry. But the main question that might be playing in the minds of some parents is how long will the new system stay? Or, how soon before it is revised again? It
      90 words
    • 145 10 RUSSIAN President Boris Yeltsin announced on Monday that Russia will establish its own armed forces. We cannot help asking whether the Commonwealth of Independent States will continue to exist. When the Soviet Union was disbanded, Russia took over its global status and obligations. Now that Russia has
      145 words
  • REGIONAL VIEWPOINTS
    • 194 10 IN Britain, Thailand and the United States, for each of the respective electorates involved, the duration of the campaigning period appears far too long. If voters are to be persuaded to turn out and put their mark on a slip of paper, they need
      194 words
    • 202 10 "FIRST there is no Communist Party, then there is no Soviet Union, and now no Pravdalt was probably unintentional, but Pravda"s deputy editor Alexander Ilyin aptly encapsulated the historic allegiance that existed for more than seven decades between state, party and press in the old
      202 words
    • 141 10 THERE is a disaster waiting to happen in some of Hongkong's homes for the elderly. Lack of adequate fire exits or fire-fighting equipment, faulty wire and illegal structures have turned some homes into death-traps. In a city as prosperous as Hongkong, it is a terrible indictment of
      141 words
  • 1170 10  -  Nirmal Ghosh examines a study which warns that global warming will trigger off a major transformation in South-east Asia's geography Nirmal Ghosh A STUDY funded by the United Nations and released in Bangkok last month provides the first detailed and specific look at the future of
    1,170 words
  • 789 10  -  While the American government may view potential efforts to reduce carbon monoxide emissions as costly, environmentalists say it need not be so. William K Stevens reports William K Stevens NYT FAR from being ruinously expensive, efforts to head off a feared global warming could actually
    NYT  -  789 words
  • Page 10 Miscellaneous
    • 79 10 DOONESBURY OKAY, B.R, ia/X£UP LSTSNOTUSB JHCXXFT. jusr&ve MGYOUK. FBGUNG6. OKAY. 7 d? i to HI. THIS IS GULF MAR VET BD. *X)KNOU,MtHmBUWie6 ANPIMW7DIUAR,THO&MAS THIS CARPING UTTIS 6UY-FBT BUCHANAN -MHO SAP, 'PONT sen? 'CM! THE JOBS TOO TOUGH!' J BY GARRY TRUDEAU ITIUAS TOUGH'. BUT NOT ANY TOUGHe*.TMiCOMN6HOHGTO A RU-BLOVN RBC&6CN!
      79 words

  • ANALYSIS
    • 1028 11  -  Experts say that if US job growth does not keep up with consumer spending soon, it might mean a continuation of the recession. Louis Uchitelle reports Louis Uchitelle NYT FOR all the robust gains showing up in recent economic reports, most economists
      NYT  -  1,028 words
    • 1232 11  -  In the last of a three-part series on regional powers, Salil Tripathi looks at Japan and the role it might play in future Salil Tripathi FIFTY years ago, the Imperial Japanese Army renamed Singapore Syonan-To, extending its ambition to usher in the Greater East Asia
      Source: Nihon Kaigunshi (Japanese Naval History) and Defense of Japan, 1991  -  1,232 words
  • Page 11 Advertisements
    • 121 11 Singapore Preview Exhibition 1992 CHRISTIES Rembrandt Harmensz van Rijn (1606-1669). 'Daniel and Cyrus before the Idol of Bel' signed and dated 1663; oil on panel. To be sold in London on 15 April. An Important Work by Rembrandt to be sold in London Important Jewellery and Watches to be sold
      121 words

  • Page 12 Advertisements
    • 659 12 t&M Nothing Beats A Bud. OF BBERS^I ORGANISE YOUR OWN KARAOKE! It's your very own Karaoke party! King's Hotel has come up with a Daily Karaoke package for groups of 10-200 people from 12 noon to 5 pm. After your Penang Buffet Lunch, the Ist round of drinks during your
      659 words
    • 251 12 WHERE TO WINE, DINE... HONG KONG FOOD FESTIVAL From 16 31 March. Cafe Plaza brings you tantalising temptations from Hong Kong, or Fragrant Harbour. Come for an authentic Cantonese dining experience today. Adult: $16++ (lunch) $18++ (dinner) Child: $10++ (lunch dinner) Plaza Hotel Caic Plaza £iij<« appeti/ing dishes from the
      251 words
    • 262 12 WE VEJUST BRED A NEW WINNER at The Stables W* »&SS C The Businessmen's Derby Lunch A dele cubic choice of appetisers and soup, followed closely by your pick from five delightful main dishes and a selection of desserts. Finish with coffee or tea. Only *28.00++ Closed for lunch on
      262 words
  • Page 12 Miscellaneous
    • 737 12 Shiny happy people TELEVISION AND RADIO OUR CHOICE Annie Hall, B.oopm, SBC 12 1977 Woody Allen effort that observes Manhattan manners while going through Allen's pet obsessions. Keen one-liners, romance, and things like angst, sniffing coke, masturbation and moviewatching go into a formless but totally enjoyable comedy. Flesh 'N' Blood:
      737 words

  • LIFESTYLE
    • 748 13  -  Semi-nude pictures shot in Vietnam of the leading lady in a Tokyo production of Miss Saigon have offended the Vietnamese. Harish Mehta reports from Ho Chi Minh City Harish Mehta THE VIETNAMESE are crying foul over the attempts of a Tokyo photographer to shoot pictures
      748 words
    • 411 13 CHATTERBOX ACTOR Marlon Brando's daughter, Cheyenne, received court permission on Wednesday to enter a French clinic while awaiting a ruling on whether she will be tried in connection with the murder of her child's father. Her half-brother. Christian Brando, is serv ing a 10year
      411 words
    • 717 13  -  Peter Millership on the secret behind the success of a drink described as an Irish treasure Peter Millership Reuter ASIAN women have been known to bathe newborn babies in it, writers are inspired by it and seven million glasses of it are consumed
      Reuter  -  717 words
  • Page 13 Advertisements
    • 233 13 AND ENTERTAIN Prime Rib Of Beef Savour tender, succulent Prime Rib of Beef done the traditional way. Served complete with a tasty baked potato with toppings, yorkshire pudding and a fresh crisp salad. All in the cosy ambience of The Hubertus Grill.. a classic choice for dinner. Dinner time at
      233 words
    • 127 13 Singapore "Singapore Scenes", a special career feature on 4 April '92, is an excellent opportunity for companies to extend their recruitment overseas. I This feature/Which precedes the iorthcoming Career Fair to be held in Australia and New Zealand between July and August! will keep Singaporeans overseas and qualified foreigners informed
      127 words
    • 93 13 STOCK CLEARANCE SALE on high quality wool silk carpets, marble figurine carvings, modern artistic screens tapestries at 50% reduction 20 to 28 March 1992 (10am 6pm. op«n on Sunday) Selected Chinese classical furniture, screens wall panels, lacquer cloisonne ware, wood carvings, etc. are also at special discounted prices. Showroom no.
      93 words

  • FOCUS
    • 618 14 President F W de Klerk of South Africa, his referendum victory tucked safely away, can now turn back to his main political battle negotiations with blacks hungry for power. Reuter, AFP POLITICAL analysts say that despite his win of about 70 per cent in
      Reuter,; AFP  -  618 words
    • 346 14 Agencies WORLD leaders have praised white South African voters for handing President Fredcrik de Klerk a landslide win in Tuesday's whites-only referendum on reform. The United States welcomed the overwhelming pro-reform vote and urged all South Africans to take part in the
      Agencies  -  346 words
    • 387 14 AFP Reuter SOUTH Africa's economy is expccted to grow again in 1992 by one per cent the Finance Department said in an overview before the budget was presented. Finance Minister Barend du Plessis had proposed a US$34 billion (Sss6 billion) budget, further shifting the emphasis of spending
      AFP; Reuter  -  387 words
  • Page 14 Advertisements
    • 141 14 THAI ROYAL EXECUTIVE CLASS. YOU CAN DEPEND ON US. At Thai, we like to make all our passengers feel as though they're off on vacation Even if they're not. That's why we don't call our Business class, "Business Class". Instead, we have our Royal Executive Class. And true to its
      141 words

  • SPORTS
    • 488 15 Reuter KEY BISCAYNE, Florida Jennifer Capriati took five weeks off to live the life of an average American teenager and on Wednesday the change of pace paid off as she snapped the amazing streak of world number one Monica Seles. The 15-year-old Capriati beat Seles 6-2
      Reuter  -  488 words
    • 404 15  -  By Susan Tsang SINGAPORE The 20th Rolex Masters Golf Tournament, which started at the Bukit Course of the Singapore Island Country Club yesterday, has attracted a record number of professionals. For the first time in its history, there have been pre-quali-fying rounds for
      404 words
    • 274 15 Cricket: World Cup AP AUCKLAND New Zealand faces Pakistan in a semifinal tomorrow that Kiwi captain Martin Crowe would rather have avoided. Crowe said yesterday that he had been hoping for a semi-final meeting with the "more predictable" South African team. South
      AP  -  274 words
    • SIDE LINES
      • 92 15 ZURICH Vreni Schneider of Switzerland has pulled out of the final giant slalom of the season tomorrow, assuring Carole Merle of France v ictory in the World Cup title race. Schneider was told by specialists that she must not take part in the giant
        92 words
      • 85 15 VUOKATTI, Finland Two-time Olympic gold medallist Toni Nieminen led Finland to a clear victory on Wednesday in team jumping at the World Nordic skiing championships for juniors. Nieminen, 16, had the two best jumps of the competition. 108.8 and 114.3 points, ahead of Martin Hollwarth of Austria. 103.9
        85 words
      • 90 15 COLOGNE Jansher Khan, the number one seed from Pakistan, was to try to repeat the perfect scoreline when he took on England's Del Harris in the second round of the German Open squash championship late yesterday. When the two last met. in the British National League in
        90 words
      • 50 15 MILAN The Davis Cup quarter-final between Brazil and Italy will be aired live despite the Italian team's inclusion of Paolo Cane, a candidate in next month's general elections, the state-controlled RAI network said on Wednesday. Broadcast regulations are intended to prevent candidate athletes from getting campaign publicity.
        50 words
      • 101 15 ATLANTA The chief marketing official for the 1996 Atlanta Olympics resigned on Wednesday for fear his athletics marketing firm would be strangled by conflict of interest restrictions. James Millman said he did not want to prevent his firm. Millsport. from participating in the Games. "I didn't want to
        101 words
      • 81 15 SEOUL North and South Korea will likely send separate teams to this year's Barcelona Olympics after Pyongyang rejected Seoul's call to resume talks on a joint team. A sports ministry spokesman in Seoul said yesterday: "During yesterday's border talks, our delegates asked the North to resume sports
        81 words
  • Page 15 Advertisements
    • 168 15 r' mmwm WmmWrnmsmm, maMC'W MASTERS 1992 I 4 i r 65 Professionals, 6 Amateurs, 72 holes and only ONE winner. The Rolex Masters, 1992 This week is an occasion of particular interest. The opportunity to walk the fairways and read the greens with some of the best golfers in Asia,
      168 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3951 16  -  By William Chia THE Singapore market failed to capitalise on the sharp rebound in Tokyo where the Nikkei index cleared the critical 20,000 barrier for the first time since Monday. Share prices closed lower for the fourth day running as investors continued
      3,951 words

  • 1055 17 MAIN BOARD BONDS, LOANS WARRANTS 1991/92 1 Tel Last Vol Day Last Quote Rate Gr's YTd High Low Code Company Traded Sale +or(W0) High Low Buyer Seller <%> <%) 25 386 88 58 95'A 10 78 75 23 86 t t 1521 1565 1546 1545
    1,055 words
  • Page 17 Advertisements
    • 130 17 Shine YOUR KEY TO BETTERBUSINESS DECISIONS! SPH SHINE COMPANY RESEARCH Shine is Singapore Press Holdings' inforich database on Teleview, which incidentally is the most advanced videotext system in the world. And SPH Shine Company Research is a high valueadded package comprising useful and pertinent business information on over 300 companies.
      130 words

  • 1937 18 CLOB INTERNATIONAL Gr's Gr's 1991/92 Td Curr Last Vol Day loot Quote Div Div YTd Net >1 Cap High Low Code Com pan) Traded Sale +orC000) High Ix>w Bu>er Seller Cvr P/E Smil EE 1 88 66* 1292 GILUSSO.IO US 70* unch 24 70V? 70*
    1,937 words
  • Page 18 Advertisements
    • 465 18 Toll free Tel No 737 0043 Fax No: 734 3688 SALE OF SITES FOR HEAVY VEHICLE PARKING AT OLD TOH TUCK ROAD SITE FOR HEAVY VEHICLE PARK The URA is offering two parcels of land by public tender on a 15-year lease for development as parking sites for heavy vehicles.
      465 words
    • 17 18 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY.~ Toadwwtiw your Appointments or Notices, 737-0043 The SteaiteTiaMS APPOINTMENTS
      17 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 504 19 Bernama, Reuter PROFIT-TAKING following the rise of blue chips led share prices in the Kuala Lumpur Stock Exchange to close off the day's highs yesterday. However, the KLSE Composite Index at the close eased 2.44 points to 597.96, the Industrial Index 0.57 of
      Bernama,; Reuter  -  504 words

  • BT SHARE INFORMATION SERVICE
    • 27 20 Forecast figures are contributed by Baring Securities, Crosby Securities, DBS Securities. GK Goh Securities, Hoare Govett Securities and Kay Hian James Capel. EPS are annualised.
      27 words
    • 66 20 Net Profit represents consolidated earnmgs after provision for depreciaton.mterest charges, taxation and minority interests. I: Interim, F: Final; (a): In n*H»n yen; (b) In Austrakan dollars, (c) In m*on guilders, (d) In HKJm; (e) In USJm; (f) Period of 16 mtts EPS annualised, (f) P*** of 9
      66 words
    • 12 20 Footnotes Deemed interest Enlarged share capital na Not Available
      12 words
    • 2 20
      2 words
    • 2 20
      2 words
    • 128 20 Figures m brackets are for the previous corresponding period L loss. TE: Ta» Eiempted N: Net, NY*. Not Yet Available (a): Ad|usted for scrip issues (b): In million Dutch Florins (c): Profit after tax. (d): In million HHJ Company's profit (f): In million yen. (g): Profit after tax
      128 words
    • 110 20 Mar 18 Cerebos Pacific Ltd plans to increase the number of Pizza Hut outlets in Singapore and Malaysia over the next five years as well as to expand its production capacity for Brand s chicken essence in its new plant in Thailand by about 50%. Mar 17 Lien
      110 words
    • 127 20 M shares quoted have a par value of $1 unless otherwise speohed. NYA Not Yet A variable, kit interest i Interim. N Net. TE Tax Exempt S Special dmdend. (a) Adjusted for scnp issue, (b) First and Final, (c) Includes 4% specai Awlend. (d) Includes 6% special dmdend;
      127 words
    • 2 20
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    • 2 20
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    • 2 20
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    • 180 20 The Sunfei Besi Mnes Malaysia Bhd: 16th AGM at Gallery 1, Concorde Hotel, 2, Jalan Sultan Ismail, ***** Kuala Lumpur, on Friday, Mar 20, at liam Pan Pacific Asia Bhd: 2nd AGM at Nilam Room, Level 2, The Puteri Pan Pacific Hotel, Jalan Sahm, ***** Johor Bahru, Johor,
      180 words
    • 3 20 RECORD HIGHS LOWS
      3 words
    • 69 20 Abo*. »r» pnc* trandi en tka wartd't atajor stock aurkats M caicaUtaO by Marfan Stan toy Capital Intamattoaal Partpactiva. Ganava. Mien aatM witk a ar* take* frwa a kaaa a« I*o at tka kaoaai« t aI IMS. Tha atkac Mica* art taken frwa a kasa
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  • STOCK EXCHANGE OF THAILAND
    • 173 21 Reuter SHARE prices in the Stock Exchange of Thailand ended slightly firmer yesterday with investors reluctant to leave the sidelines ahead of this Sunday's general election, brokers said. The SET index ended 3.29 points higher at 811.78 on a turnover of 6.97
      Reuter  -  173 words
  • JAKARTA STOCK EXCHANGE
    • 107 21 THE Jakarta stock index edged up 0.99 points to 276.81 in another dull day yesterday, brokers said. They said trading volume rose to 6.51 million shares from 3.89 million but interest was limited to only a handful of favourite shares. Indah Kiat was
      107 words
  • Page 21 Advertisements
    • 14 21 Plan your career in the Manufacturing Appointments Pages Every Wednesday The Straits Times APPOINTMENTS
      14 words
    • 678 21 QUALITY RECRUITMENT use the Appointments pages B U S I N E S S TIMES NOTICE BANK DAGANG NEGARA Negotiable Floating Rate Notes due September 1997 In accordance with the provisions of the Notes, notice is hereby given that for the Interest Period from 20 March 1992 to 21 September
      678 words

  • TOKYO STOCK EXCHANGE
    • 2481 22 Reuter STOCKS in Tokyo rebounded in strong volume yesterday and the Nikkei Average cleared 20,000 for the first time since Monday. Expectations of a discount rate cut and official economy boosting measures lightened the mood, but brokers said much of the strength was a
      Reuter  -  2,481 words
  • STOCK EXCHANGE OF HONGKONG
    • 2425 22 AFP. Reuter SHARE prices in Hongkong fell considerably on profittaking yesterday as rumours hit the market that banks in the colony were to further reduce their mortgages to home buyers. The key Hang Seng Index closed at 4.990.59, shedding 45.48 points. The broadbased Hongkong
      AFP.; Reuter  -  2,425 words

  • AUSTRALIAN STOCK EXCHANGE
    • 1888 23 Reuter BUYERS stepped in yesterday and closed the Australian share market up after the Nikkei strengthened and ended above the 20,000 level. All eyes were on Tokyo as investors feared another offshore slump might have an impact on the local market. "Buyers were
      Reuter  -  1,888 words
  • REGIONAL STOCK MARKETS
    • Seoul shares slip slightly in mixed trade
      • 142 23 SEOUL stocks closed slightly lower yesterday after fluctuating mildly in mixed trade with buying focused on shares with low PER ratios. But the buying failed to outstrip continuing selling of financials and manufacturing counters. "The market had early gains and investors were encouraged by yesterday's news and began to
        142 words
      • 172 23 SHARE prices in Manila ended little changed yesterday with investors ignoring the rescue by police of American executive Michael Barnes. Brokers said the market remains nervous ahead of the May national elections. "The Barnes release yesterday is positive news, but it did not have much bearing on investor sentiment.
        172 words
      • 130 23 TAIWAN share prices finished lower yesterday as many investors were sidelined by political worries and brokers said trade would remain slow in coming days. The weighted index ended 41.72 points lower at 4.810.23, just off its intra-day low of 4.803. Turnover dropped to a very light NTS 19.7 billion
        130 words
      • 128 23 THE New Zealand share market closed easier for the third successive day yesterday on low volume, as the market sat sidelined waiting for new incentives. Poorer overseas market performances deprived the market of stimulus. Telecom's three-cent fall to NZ$2.3l made the largest contribution to the 9.47-point fall in
        128 words
      • 58 23 The Bombay Stock Exchange was closed yesterday in celebration of Holi, the Festival of Colours. Share prices on the BSE fell broadly for the second day on Wednesday, hit by institutional ofT-loading. brokers said. Business volume was light ahead of the holiday. The BSE index dropped 70.77 points to
        58 words
      • 52 23 INDICES TURNOVER Close Previous Mar 19 NEW ZEALAND NZSE-40 Capital 1.439.19 1.448 66 -9.47 MANILA Composite Index 1.105.07 1.101.27 3.80 Turnover (million) 269.5 535.7 -266.2 TAIPEI Weighted Price Index 4.810.23 4.851 95 -41.72 Turnover (NTS billion) 19.7 244 -4.7 SEOUL Composite Stock Index 612.67 614.36 -1.69 Turnover (billion won) 3148
        52 words

  • WORLD STOCK MARKETS
    • NY stocks end mixed in choppy trading
      • Article, Illustration
        428 24 NEW YORK stocks closed little changed in choppy trading on Wednesday as the market turned hesitant in the face of continued weakness of overseas markets and possible volatility of today's triple-witching hour. The Dow Jones Industrial Average, which jumped 19.68 points on Tuesday, slid back 1.79 points to
        428 words
      • Article, Illustration
        291 24 POLITICAL worries came to the fore again on the London stock market on Wednesday driving share prices lower as two opinion polls indicated the opposition Labour Party was on course to win a parliamentary majority in the April general election. The blue-chip Financial Times 1 (K) index, which climbed
        291 words
      • 86 24 SHARE prices on the Johannesburg Stock Exchange closed up but were off their early highs on Wednesday as the euphoria over President FW dc Klerk's victory in the all-white poll died down, dealers said. The All-Share index came off its highs to close 43 points up at 3,572 and
        86 words
      • 122 24 THE Frankfurt stock market consolidated on Wednesday, operators said, as the DAX spot trend index gained 2.11 points on the day to close at 1.732.19. while the Commerzbank indicator rose 5.90 points to 1.993.90. They said German investors were the only ones active at present, foreign investors sitting on
        122 words
      • 99 24 DUTCH shares closed a little firmer on Wednesday, with brewer Heineken standing out throughout the day but little turnover in general. The FOE Index closed 1.20 up at 306.53. "I think several banks have sent out buy recommendations and raised their forecasts on Heineken." said a dealer. The shares
        99 words
      • 117 24 THE Paris bourse was optimistic on Wednesday morning, but proved unable to hold the mood as the CAC-40 index closed at 1.928.18 points, oft'by 0.79 per cent by comparison with the Tuesday close, the indicator has been up by a slight 0.08 per cent at the opening. Operators said
        117 words
      • 98 24 ITALIAN shares closed broadly higher on Wednesday, with gains in several key shares helping to boost the market as a whole after four sessions of losses. But the rally was mainly technical and trading was very thin. Uncertainty about the outcome of April 5-6 general election encouraged buyers to
        98 words
      • 179 24 SWISS shares closed just a shade firmer on Wednesday as profit taking cut earlier moderate gains, brokers said. Wall Street's higher close on Tuesday and profit figures from engineer Brown Boveri gave the market a firm tone. The all-share SPI index closed up 3.2 points at 1,133.7 after earlier
        179 words
      • 144 24 PRICES on the Stockholm bourse closed more than 1.5 per cent higher in very big volume on Wednesday, supported by Wall Street gains and the release of steady 1991 profits for Asea and Asea Brown Boveri. Asea B-Free shares climbed 14 crowns to 338 after the company reported an
        144 words
      • 107 24 BELGIAN shares closed slightly lower on Wednesday in moderate trading amid concerns the market's upwards potential was limited. The market's interest was diverted by surging South African gold shares after a referendum approved President De Klerk's power- sharing reforms. The Bel-20 index closed down 1.70 points to 1.208.26. with
        107 words
      • 177 24 TORONTO stocks rebounded on Wednesday after five straight days of losses to end moderately higher, dealers said. The Canadian dollar and the bond market both calmed after steep losses and volatile trading in recent days, helping stocks return to stability. "I think all the people worried about the Canadian
        177 words
      • 4 24 Source: Z-Landerbank Bank Austria
        4 words
  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1183 25 REPORTS I ASU THE US dollar remains firmer against the yen and the mark in late Asian trade yesterday, dealers said. "It is basically being driven by mark/yen interest," said a dealer at Citicorp in Hongkong. "For straight dollar
      1,183 words
    • 44 25 Source: UOB Source: Astley Pearce OCBC Exchange Rate Index Mar 19 The OCBC trade-weighted index for the Singapore dollar was down 0.16 per cent to 136.71. The index is calculated against the currencies of Singapore's top 12 trading partners. Source: OCBC
      44 words
    • 393 25 Interbank rates s$ Bid Offer Overnight unav 1-month 3 5/16 2-month 3 3/8 3-month 3 3/8 Overnight mode. 3-5/16 unav 3 7/16 3 1/2 3 1/2 LSS Bid Offer 7 days 1 month 2 months 3 months 6 months 9 months 12 months 4 1/16 4 5/16 4
      393 words
    • 355 25 AP CHICAGO The Chicago Board of Trade on Wednesday announced plans to launch an insurance futures contract that will create a new investment market and help insurers hedge risks. Buying and selling the new contracts will enable insurers to protect themselves against disasters
      AP  -  355 words
    • 276 25 Reuter NEW YORK Jitters about the United Kingdom election have boosted hedging against a sharp fall in sterling amidst fears the ruling Conservatives might fail to win a majority on April 9, United States options dealers said on Tuesday. Sterling dropped to a
      Reuter  -  276 words
    • 689 25 FINANCIAL FUTURES SIMEX EURODOLLAR Open High Low Sett Est Vol Act/Vol Op/Int Jun 92 95.23 95.24 95.22 95.23 4000 9703 ***** Sep 92 94.75 94.76 94.73 94.74 4200 5263 9357 Dec 92 93.93 9394 9392 93.92 2700 2662 6710 Mar 93 93.63 93.63 93.61 93.61 715 1025 3219 Jun 93
      689 words
  • Page 25 Advertisements

  • COMMODITIES
    • 436 26 Reuter MANILA The oil cartel Opec will tighten its grip on world crude supplies, providing 80 per cent of worldwide exports by the turn of the century, according to a study by the East-West Centre in Hawaii. The 13-member Organisation of
      Reuter  -  436 words
    • 269 26 Reuter MANILA Strong demand for metals in the Asia-Pacific region will provide a counterweight to weakening consumption amongst the major industrialised countries, the head of the British Mining Association has said. "For (western industrialised countries), demand for most mineral products will drift
      Reuter  -  269 words
    • 824 26 REPORTS THE price of tin remained steady at M 514.19 per kg on the Kuala Lumpur Tin Market yesterday, following lower offerings by miners. Market sentiment, however, was well supported by scattered buying interest from European. Japanese and local buyers. Elsewhere, the
      824 words
  • 5 26 Source: UOB Source: Telerate
    5 words
  • Page 26 Advertisements

  • 363 27 AMNJNE COOES: At Ar mda (AiC). AY. Fnw Oy (FIN). AZ: AMaM (AZA). OA: Brrosn Avways Puote Ltu Co (BAW), BG Oman Artnes (BBC). B Royal Brunei Artnes Ltd (NBA). BR: EVA Airways Corpn, CA: Air Chma (CCA). Ck China Artnes Ltd (CAL), CV: Ctrfpkjx Artnes
    363 words
  • THE TRAVEL PAGE
  • Page 27 Advertisements
    • 38 27 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destination®. Check with your travel agent or call *****77 for more details. W« know Eurap* from aUrt to Finnish
      38 words
    • 7 27 Advertising Marketing in Business Times every Thursday
      7 words
    • 40 27 r I 45 She is the dreamgirl of millions of Indian-movie fans. How does she look on screen and away from the cameras? in The New Paper today. r ing .;!>x >< a NEW, NEWS, NEWSY From lunchtime Monday to Saturday
      40 words
  • Page 27 Miscellaneous
    • 121 27 Ungodly silver in vessel used for alluvial gold (S) Mock a large assembly (5) Homer bringing news of an odyssey (7,6) Egyptian spirit affected by ammunition shortage to the north (5) Anne disposed to follow one quite silly (S) Crib player who can take any role? (4,5) Simple words used
      121 words
    • 36 27 WEATHER Singapore Outlook: Fair. Report Maximum temperature 33.5 Assoc humidity 5?% Minimum temperature 25.7 Assoc humidity 91% Hours of sunshine 10.50 Rainfall in mm Nil Rainfall this month 32.5 Rainy days this month 5 World forecast
      36 words
    • 47 27 BriStovrltocDici(2£ GOOD v»CP>\*ENS' TV-IRT CHP>P \ni rne opfcc ftcposs tug. STROE.T HP»S JVJST mPiDE. AN. obscene. Gesruf?e. ny J Direction C O 0 y -^7T _HC C>C€.S vTP.UL-TVeT.r.cT^-scdtt therc ne GOES RGPHNj c t SAV THAT'S Bit H5 0"—-~r\ 2 .1 fc_J ASSOCIATED NEWSPAPERS LTO. IW-IW2 5*>37
      47 words

  • 382 28 Agencies TOKYO Hoping to ease trade tensions with the United States, Japan yesterday slashed by 650,000 its gov-ernment-imposed ceiling on car exports to the US for the coming fiscal year. But officials acknowledged the new ceiling of 1.65 million passenger cars represents
    Agencies  -  382 words
  • 218 28 UPI TOKYO The Central Bank is about to cut the key discount rate to spur an economy threatening to totter into recession and the stock market, which in recent days plunged to a five-year low, according to reports in the Japanese
    UPI  -  218 words
  • 327 28 AP BEIJING China moved another step closer on Wednesday towards eliminating food subsidies that are bleeding the treasury, announcing higher prices for rice, flour, corn and other grains. The price increase is part of the government's efforts to whittle away
    AP  -  327 words
  • 353 28  -  Fact-finding mission will visit area bordering Bangladesh By Shoeb Kagda SINGAPORE Plans are underway to allow United Nations UndersecretaryGeneral Jan Eliasson to visit the troubled border area between Myanmar and Bangladesh, said Myanmar Foreign Minister U Ohn Gyaw yesterday. According to information made available
    353 words
  • 251 28 AFP LONDON Unemployment in Britain rose by 40,200 in February, according to government figures released yesterday, which provided opposition parties with more ammunition towards the end of the first week of the general election campaign. February's rise in unemployment brings the total
    AFP  -  251 words
  • 242 28 UPI DUBAI The United States Trade Representative is considering placing some of the Gulf states on a priority watch list of countries whose intellectual property practices are of particular concern to the US. Such a move, under the 1988 Trade
    UPI  -  242 words
  • Page 28 Advertisements
    • 303 28 LVA7*7#l The World's Finest Photographic System ASIAN STOCK MARKETS Computerised databases designed for optimised indepth research Access to a high speed structured database gives the Fund Manager and Researcher an added edge in today's fast market cycles. Investamatic is a highly efficient service providing access to the leading Asian Stock
      303 words
    • 9 28 Rate cut likely next week: LDP official, Pg 7
      9 words
    • 9 28 China likely to post record budget deficit, Pg 9
      9 words
    • 164 28 The World's Finest Photographic System The rare perfection of Patek Philippe at The Hour Glass. Choosing a timepiece should be a relaxed and comfortable affair. Especially when you're considering the rare perfection of Patek Philippe. At The Hour Class, you're treated to the charm and integrity of the true specialist
      164 words
    • 12 28 Jakarta stepping up efforts to stamp out audio, video piracy, Pg 8
      12 words

  • Shipping Times
    • 496 29  -  By Juliette Walker SINGAPORE The head of Singapore's Urban Redevelopment Authority (URA) has called Hongkong's port project "very exciting". "Hongkong's port has a hinterland that stretches all the way to Siberia. With the efficiency of the private sector running it, I don't
      496 words
    • 302 29 AP WASHINGTON The US Justice Department has issued new demands for evidence in its high priority investigation of airline pricefixing, a spokeswoman said on Wednesday. Recently the department's antitrust division sent out a new series of demands for information in the two-and-a-half-year-old
      AP  -  302 words
    • 327 29 AFP OSAKA Kansai international airport is 40 per cent over budget. 18 months behind schedule, possibly doomed to financial failure and, worse still, sinking into the sea. Built on an artificial island 5 kilometres off the coast of Osaka bay in western Japan, the
      AFP  -  327 words
    • 238 29 AP OSLO The South Korean captain of a freighter that spilled oil in a shipwreck, was sentenced to 30 days in prison on Wednesday for violating Norway's pollution laws. In its ruling, the district court in the city of Aalesund said Captain Chung
      AP  -  238 words
    • 226 29 AP BRUSSELS The European Community and the United States will resume talks next week aimed at resolving a dispute over subsidies to aircraft consortium Airbus Industrie, officials said on Wednesday. Two days of talks in Brussels this week failed to produce any breakthroughs,
      AP  -  226 words
    • 191 29 NYT TOKYO The Tokyo District Court on Wednesday refused to order an injunction sought by the operators and employees of nine factories near the Tokyo International Airport at Haneda that would have banned the use of one runway at the airport. The
      NYT  -  191 words
    • NEWS SUMMARY
      • 43 29 THE DECISION by Federal Express Corp to end its intraEuropean service is likely to lead to higher prices for express mail as other courier companies focus on quality rather than volume, industry officials said Page 2
        43 words
      • 69 29 THE Bush administration on Wednesday announced a plan to take the nation's dirtiest cars off the road in a tradeoff that will end up permitting more pollution from factories. Stationary pollution sources, such as factories and power plants, will be allowed to
        69 words
      • 45 29 US SAFETY officials on Wednesday cleared United Airlines in the 1989 accident in which a Boeing 747 lost a cargo door and nine people were swept to their deaths on a flight from Honolulu to New Zealand Back Page
        45 words
      • 39 29 IRANIAN Foreign Minister Ali Akbar Velayati protested on Wednesday to his Turkish counterpart Hikmet Cetin against an Istanbul court order for the seizure of a Cypriot ship carrying arms to Bandar Abbas Back Page
        39 words
    • LOG BOOK
      • 172 30 TOKYO Japan's top two automakers, Toyota Motor Corp and Nissan Motor Co, said their domestic vehicle production sagged in February from a year earlier but overseas output made an upturn. Toyota, the leader of the Japanese automobile industry, said domestic production declined 5.3
        172 words
      • 55 30 BANGKOK Two British and one Swiss tourist were killed when the bus they were travelling in skidded off the road into a ditch, local police and embassy officials said on Wednesday. The victims were identified by police as Britons David Walker and Steven John Whiting,
        55 words
      • 99 30 KINSHASA, Nigeria French Embassy officials on Wednesday denied that a key witness in the case of a French UTA airliner blown up over Nigeria in 1989 had turned up at the diplomatic mission. Bernard Yanga, who disappeared from police custody in the Congolese capital,
        99 words
      • 86 30 DEARBORN, Michigan The price of Mazda's 1993 RX-7 will rise by 15 per cent as the automaker targets more affluent buyers, the Japanese automaker said. Mazda officials said on Tuesday they expect sales to increase 20 per cent for the 1993 model year despite the
        86 words
      • 91 30 OFFUTT AIR FORCE BASE, Nebraska At least 14 of the nation's B-1B Lancer bombers have been grounded because of tiny cracks found in the landing gear assemblies of more than half the fleet, the Air Force said on Wednesday. Of 65 B-1B Lancers re-inspected on Tuesday at
        91 words
    • 811 30  -  With Federal Express ending its intra-European service, other couriers expect higher prices for express mail. The competitive battle will go on but with fewer players, says Charles Goldsmith Charles Goldsmith NYT The decision by Federal Express Corp to end its intra-Eu-ropean service is likely to
      NYT  -  811 words
    • 85 30 This report is based on samples as analysed by Veritas Petroleum Services and is an abstract from its more detailed fuel quality statistics which are mailed to participating shipowners. Key bunker ports have been grouped in geographical regions for brevity. Comparison has been made with the
      85 words
    • 621 30 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
      621 words
    • 509 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      509 words
    • 5424 38 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
      5,424 words
    • SHIPS IN PORT
    • 424 46 AP WASHINGTON The Bush administration on Wednesday announced a plan to take the nation's dirtiest cars otV the road in a tradeoff that will end up permitting more pollution from factories. Stationary pollution sources, such as factories and power plants, will be allowed to
      AP  -  424 words
    • 237 46 Reuter WASHINGTON US safety officials on Wednesday cleared United Airlines in the 1989 accident in which a Boeing 747 lost a cargo door and nine people were swept to their deaths on a flight from Honolulu to New Zealand. The National Transportation
      Reuter  -  237 words
    • 334 46 UPI ATHENS Iranian Foreign Minister Ali Akbar Velayati protested on Wednesday to his Turkish counterpart Hikmet Cetin against an Istanbul court order for the seizure of a Cypriot ship carrying arms to Bandar Abbas, Tehran Radio said. The Iranian minister asked the Turkish
      UPI  -  334 words
  • Page 29 Advertisements
    • 28 29 Lines and services represented by Members of the Registry of Accredited I Shipping Agents, Singapore National Ship-" ping Association. For advertising enquiries, contact Shipping Times Tel 740- 2IM/741)-2090
      28 words
    • 132 29 THE eptio./) 6 J FAMOUS 224 1833 For more information please refer lo Pg. 13 HOT LINE yy- <■> v V- V :-i' fS HH 1 1.1 I 11 I l iliii' I rr.; ?v v X, i. <* rVY' S>j v-sSk wa X .v v**> V- v Ml <<
      132 words
    • 33 29 CONTENTS Cockett Report 2 Container Schedule 17 Daly Freights 2 Indei 1 Shipping Guide 10.11 Shps m Port II Singapore Tides 17 Transport Diary 3 Veritas Report 2 Weather and Sea Conditions 17
      33 words


  • Page 31 Advertisements
    • 1230 31 M Dedicated to Quality Service OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES TEL; *****11 FAX *****09 BOOKINGS TEL *****234 *****58 TERMINAL/CFS TEL: *****218 220 PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. PORT KELANG TEL: *****18 FAX *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL *****6 IPOH TEL: *****3/4 FAX *****6
      1,230 words
    • 830 31 TRANSPORT DIARY Mar 24-27: V International Congress of Sea Traffic and Port Handling. C adi/. Spain. Mar 25-27: International Marine Cargo Claims Seminar in association with Lloyd's Law Reports. Ihe Hampshire Hotel. Leicester Square. L ondon. For further details: Conference Dept. Lloyd's of London Press I td. One Singer St.
      830 words
    • 825 31 MAERSK LINE NEXT SAILING TO MIDDLE EAST OCEAN BLESSING V.115W ETA SIN 26/3/92 Voy This week Mc-Kinney Maersk 9204 CV 24/3 0800 HRS CFS 23/3 2359 HRS Feeder by World Lynx/ Aries DESTINATIONS Port To California US Gulf US Allan! Kelang Penang OAK LGe HOU MEM ATL MIA CHS BAL
      825 words

  • Page 32 Advertisements
    • 1073 32 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT HANNOVER EXPRESS KURAMA FRANKFURT EXPRESS KASUGA I DRESDEN EXPRESS DANUBE LUOWIGSHAFEN EXPRESS MONTE ROSA ELBE KAMAKURA KITANO TOKIO EXPRESS LEVERKUSEN EXPRESS VOY NO 07/311 15/112 61/312 20/113 04/313 01/114 01/314 18/115 10/315 22/116 13/316 05/117 06/317 S PORE 22/3 26/3 29/3 2/4 5/4 9/4
      1,073 words
    • 711 32 !gj CSAV Compama SuclAmericana de Vaporet SA Chilean L ne Et! 1872 IEASPAC SERVICE COWTAINf 0 u MItA»»UU DKECT SOUTH PACITC SERVICE SIN NOU SUV PPT PALEMBANG 3301 EB 26/3 7/4 10/4 14/4 "A" VSL 15/4 27/4 29/4 4/5 Tranait TOT»a (13) (16) (22) AISO ACCEPTING CARGO MA SUVA TO
      711 words
    • 936 32 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY NORASIA SMGA 9203 3 NORASIA SUSAN 9204 3 NORASIA SHARIAH 9205-3 NORASIA MUBARAK 9206 3 SI FREEDOM 9207-3 ALSO ACCEPTMG CARGO TO ALL UK DESTINATIONS, SCANDINAVIAN (AARHUS MLANO TORTS. VALENCIA VIA ALGERCRAS WESTBOUND FOR MEDITERRANEAN VIA SIN CLM VLT PRS NORASIA
      936 words

  • Page 33 Advertisements
    • 869 33 STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 fat: *****17 SERVICE TO SABAH SARAWAK BRUNEI SINGAPORE STRAITS SHIPPING PTE LTD TEL: 225 078S FAX: 225-0117 BANGKOK BORNEO AGENCIES LTD TEL *****80 CONTAINER SERVICE TO BANGKOK SPORE B'KOK ESTEBROEGGf V 03N 25-26 MAR 29-30
      869 words
    • 896 33 9 P&O Containers SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 Tel 225 2233 Telex RS ***** PNOCSP Fax 225 5327/222 7517 CR Number **********0Z EXPORT IMPORT TO UK CONTINENT JEDDAH FROM UK CONTINENT JEDDAH ALSO ACCEPTING FCL/LCL FOR
      896 words

  • Page 34 Advertisements
    • 399 34 DJAKARTA LLOYD INDONESIAN NATIONAL LINE CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subjtct to Inducement. Alto accepting cargo to Casablanca, Port Said, Port Alexandria, Genoa, Trieste. ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA T/S TO UN PORTS. HULL. LE HAVRE. OSLO. COPENHAGEN.
      399 words
    • 737 34 HANJIN SHIPPING TO USA PACIFIC SOUTH WEST TO EAST COAST (ALL WATER SERVICE) FW VS. FBHGUMO MY 2MN MMM OCJU OMI HANJM KMANGYANG M7t HMUM KUNSAN 0731 Aho accepting Reefer Opentop Flatrack etc to Sin Francisco via Oakland All USA Inland points. USEC (MLB) via long Beach NB T/S AT
      737 words
    • 935 34 m EVERGREEN Fu/t Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) NL W IK K( U( W WT OB KT W no LAI CHS RAI NYC UAf M U TW IK HD Q| Id SGP I GU.KN tt 014 »/J 29/3 31/3 3/4 t/4 7/4 9/4 10/4 11/4 12/4 24/4 1/5 l/S
      935 words

  • Page 35 Advertisements
    • 1019 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: (TOLL FREE) USA SERVICE FAR EAST SERVICE UK/EUROPE SERVICE AUST/INDIA/PAK SERVICE NEPTUNELINK TEL *****82 DOCUMENTATION DEPT *****31 TERMINAL OFFICE *****89 IMPORT CFS MB2 *****32 EXPORT CFS MB2 *****00 (TOLL-FREQ 278/844/*****14 *****22 *****69/*****96 *****53/*****50 NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33,
      1,019 words
    • 396 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) BALT-ORIENT LINE/ HALT CANADA LINK FULL CONTAINERSHIP SERVICES MA ROTTERDAM FOR DISCHARGE
      396 words

  • Page 36 Advertisements
    • 1116 36 n K 44 Kline KAWASAKI KISEN KAISHA, LTD AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) TEL *****77 TELEX: KAWAKI R*****5 FAX: MALAYSIA *K" UNE MARITIME (MALAYSIA) SON BHD TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 INDONESIA: P.T. SARANA LAW INTERNUSA TEL: JKT *****76. *****77. *****08
      1,116 words
    • 1038 36 9 PHILI-ORICNT UN€S PTi LTD 4^ 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22 *****69 *****00 Telex: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION i AUSTRAUA/NEW ZEALAND/SOUTH PACIFIC FCIACLiB»W»| 20 MAR SYDNEY. MELBOURNE
      1,038 words

  • Page 37 Advertisements
    • 782 37 pacific international lines (PTE) ltd 1 gf 140 Cecil Street. #03-00 PIL Building, Singapore 0106. Tel: *****33 {JAKARTA VESSEL KOTA RAKVAT BUNGA TERATAI EDEN KOTA RAKVAT BUNGA TERATAI EQUATOR HAWK KOTA RAKVAT BUNGA TERATAI EQUATOR HAWK REGIONAL CONTAINER SERVICES CR NO: **********0E 3 [Mmara^surabaya ucooci ..mw VESSEL VOV SIN SRG
      782 words
    • 955 37 EacßenV F CLASS CONTAINER TRANSPORT XI'Rl ss COM\IMR MRMCI TO IK-NORTH CONTINENT-SCANDINAMA WEEK NOTE 1) SOU IE HAVRE/BELFAST/BILBAO/OUBLIN 2) RIM PARIS/BASEL/ANTWERP/CORK 3) HAM COPENHAGEN/AARHUS/VIENNA/WARSAW/GYDINIA 4) GOT OSLO/HELSINKI CLOSING TIME FCL 24/3 0/00 HRS LCI 23/3 1/00 HRS -TOSS CONTAINER SERVICE FROM SCAXDINAVIVNORTH CONITNENT I'K WEEKLY Bangkok EttciKuue Oedkattd Ft*dm Emy
      955 words
    • 404 37 BOUSTEAD SHIPPING AGENCIES vBBk MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) MYOMA TWA VI4OW AVA VI UN PAGAN VI SOW PtNTA VI2IW MERGU VII3W "P Spore In fort In Part In Port 25/27 Mar 31/2 Apr P.KIj SM Pen P.Gdf SM 21/24 Mar 27/31 Mar THE
      404 words

  • Page 38 Advertisements
    • 632 38 If/ Hai Sun Hup Co (Pte) Lt fi kastkkn C.\H liner ltd. STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VESSEL lUI RLM* C*sac OUILEMEI ASEAR TUMI* tu.it MM FU(AST PtIT KMC U RON •PIRARS 21/3 "PfIAK 21/1 OUTBOUND VESSELS LOADmC FOR OSH/MIC ASEAN TRADER Vl7 ETA
      632 words
    • 138 38 PAN cean CPAN J SHIPPING V V COMPANY LTD \REGULAR CONVENTIONAL SERVICES/ TO UK CONTINENT PORTS IFURM SEA HOPE II S pore P Kelang Loading for 21/3 24/3 Rdm/Atw/UK/Nantes 10/4 14/4 Rdm/Atw/UK/Nantes TO MIDDLE EAST PORTS USE ■puma I GEMINI S pore Loading for 21/3 Hodeidah/Jeddah/Aqaba/Port Said 21/3 Aden/Hodeidah/Jeddah 22/3
      138 words
    • 148 38 WEEKLY LCL CONSOLIDATION -^*3BHSa3P^ CHENC BEUING CHANGCHUN CHANGSHA CHENGDU CHONGQING FUZHOU GUILIN HARBIN KUMMING NANNING QUANZHOU SHEKOU SHENYANG SHENZHEN WUHAN XIAMENXIAN ZHENGZHOU tf, cO m Tel: 227 4788 /SHENZHIN SHIPPING 1788 Fax: 227 2083 5^ EUROPE/S.E.A. BREAKBULK SERVICE PHBL VESSEL GOLDEN FALCON GDANSK 28/4, ANTWERP 12/3 TO PORT KELANG 7/4,
      148 words

  • Page 39 Advertisements
    • 801 39 Nedlloyd Nedlloyd Lines NEDLLOYD GIVES YOU WEEKLY LCL TO EUROPE TO EUROPE (NORTH CONTINENT—UK—SCANDINAVIAN WEEKLY HNEW ZEALAND/FIJI FEEDER VESSEL PKG W Bhum/565 B Serop/836 20/3 W Bhum/565 B Seroja/836 20/3 B Seroia/838 W Bhum/566 27/3 W Bhum/568 B Sero|a/839 3/4 B Seroia/841 W Bhum/569 10/4 W Bhum/571 B Sero|a/842 17/4
      801 words

  • Page 40 Advertisements
    • 538 40 ifrSlVlli'lilHliHillliHilt TO AUSTRALIA/NEW ZEALAND Sid ElllN HUNG 257 c viroiis m UTHVOI no TO USA/CANADA Guff Port CKjrWlton PMjrMptu HjMai CUEN HUDIG 297 C ?W iMvmnrtn 259 13/5 29/4 3/7 Also accepting cargo to:USA —Houston. Savannah. Norfolk Baltmore, New York CANADA -Montreal. Toronto FROM USA/CANADA/EUROPE/MEDITERRANEAN (11 MR \I \(il \ln
      538 words
    • 558 40 T.S.K. LINE CTOKYO SENPAKU KAISHA, LTD) STORE AGENT TSKLINE AGENCIES (S) PTE LTD 70 SHENTON WAY #04-01 MARINA HOUSE S PORE 0207 TEL: *****63 FAX: *****72/3 TLX: ***** TSKSIN EXPORTS TO HONGKONG. TAINAN. MANILA I JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE ACX MUX ACX RUBY (ALSO ACCEPTING FCI 10 BANG*OK/
      558 words
    • 956 40 COS T vf 15. CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE SMGAPORE'S GENERAL AGENTS COSTAR SHIPPING PTE LTD Ta: *****00/*****33 TELEX: RS *****/1 COSHP FAX: 22(1166/7 CR NO *****8900Q0M AOO 2 MtSTRI ROAD HMC BUILDING #15 00 SINGAPORE 0207 MM.AWS AGENTS CHUNG CHIAC SHIPPING SON BHD Kl TEL: *****91/17
      956 words

  • Page 41 Advertisements
    • 348 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES PORT KLANG PH: 03/*****66 (12 UNES) II PENANG: 04/*****7 (10 LINES) pi JE CONTAINER LINE V TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES FAR EAST JAKARTA PORT KELANG PENANG MANILA SUSAN 21/3 28/3
      348 words
    • 621 41 m RICHFIELD MARINE AGENCIES S) PTE LTO TEL: *****33 (12 Ltn—) 1 FAX: *****15/*****03 TELEX: R3 ***** RIBHIP (3 Lln#«) ETHIOPIAN SHIPPMK LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL KIENHUNG LINE FULLY CONTAMERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO MO ICONIC ro
      621 words
    • 240 41 'U >11.il C a nit;liner Lines AKARTA AM BHUM BOUA BHUM AKA BHUM BIN J A BHUM SURABAYA WRA BHUM VKA BHUM MR* BHUM 135S ?U 130S 27S 41S 42S 21/03 25/03 28/03 01/04 11/04 22/03 29/03 12/04 24/03 21/03 31/03 07/04 15/04 25/03 01/04 15/04 BANGKOK I I I
      240 words
    • 187 41 Tietß-LK VSL VOY OOLOMBO/COOX/COLOOWO VBL VOY COLOMBO/TUnCOnM/COCNM SERVCE vessel wr cbo ran cch cw ASKAMA 506 05-06/03 07-09/03 10-U/03 12 13/03 ASXANM 507 12 13/03 14-10/03 17-10/03 19-20/03 AGENT: BEN LINE AGENCIES ph *****22. hi /^MYAN/MAR CONTAINER UNE FHST FULLY CONTAINERISED EXPRESS SERVICE TO YANGON (RANGOON) ACCEPTING BOTH FCL/LCL AND
      187 words

  • Page 42 Advertisements
    • 445 42 S'PORE EXPORT: *****22 IMPORT: *****11 PENANG: (04) *****6 SIBU: (084) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KK: (088) *****0 KUCHING: (082) *****3 TAWAU: (089) *****9 SURABAYA: (31) ***** C 3 sailings per weekj 22/3 23/3 24/3 Hong Kong 25/3 26/3 27/3 Hong Kong 29/3 30/3 31/3 Hong Kong 27/3
      445 words
    • 310 42 AUSTASIA LINE AND MERLION SHIPPING AGENCY 105 NEWj BLUE STAR LINE SINGAPORE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SM MEMCR in »/3 MM.BOM 27S S/4 AUST STAB 051# 21/4 NPI ML ITT 7/4 VIA NPI 9/4 20/4 VIA NPI 22/4 3/5 VIA
      310 words
    • 679 42 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15 00, #16 00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TIX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER SINGAPORE TO WEST MALAYSIA CONTAINER SERVICM SINGAPORE TO WEST MALAYSIA TO FAR EAST/PAPUA HEW GUINEA SERVICES VESSEL VOY
      679 words

  • Page 43 Advertisements
    • 649 43 Everett Lines W-* COMPANIA PERUANA XMX DE VAPORES "PERUVIAN STATF. LINE" ACCEPTING BBEAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MAIARANI, ILO* ft OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPW THROUGH BILL Of LADING. "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL /JAPAN SERVICE ACCEPTING BREAKBUIK/SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA, MOJI. TOKYO*. MANILA*.
      649 words
    • 303 43 CZJZ I MES N.AMERICA/CARRIBEAN SERVICES keif** c»|< M: Mmd USA Daitautiam. CvntMM CtMral Amanca and Ea«l Cjnxla Cakanbia. Peru. CM* Mm Kt«fll»>( «0 *F I* HanfkoNf. In*, wtf Japan AUSTRALIA SERVICE ISRAEL/ADRIATIC SERVICES M AIEIANORtA m a«i M MHM 7M tIM 101N 3/4 24/4 4/5 12/4 3/5 11/5 15/4 5/5
      303 words
    • 373 43 MULTI-MODE SHIPPING PTE LTD WEEKLY CONSOL SERVICE MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHARJAH DOHA MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS JCDOAH FAR EAST ACCEPTING FCL/LCL PfNANG, P ttLANG JAKARTA BANGKOK HONG KONG TAIWAN lAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE LEEDS. TILBURY ABEROEEN LE HARVE HAMBURG ROTTERDAM ANTWEP
      373 words
    • 474 43 LUCKY SEAWAY SERVICES PTE LTD TLX ***** FAX *****77 El ASEAN/CHINA SERVICES Mssii scr n png p guoang kin for Q SHAN 10/0? HUANGPU/SHANGHAI P GU 22/0? DAIIAN/QMGtMO RAAORAS/COLOMBO/BOMBAYKARACHI SERVICES SGP P# PNG VANGOON KIN FOB TH SHAN 23/03 MAMAS CaOMBO J. TANG 10/04 MAMAS/COIOMBO SINGAPORE^MAORAS/SINGAPORE FCULCL SERVICES SGP MOS
      474 words
    • 396 43 PTC CONTAINER LINES PTC GROUP FCL LCI SERVICE SHI FM EAST 22/3 KEELUNG/KAOHSIUNG 22/3 BANGKOK 22/3 MANILA/CEBU 22/3 JAKARTA/BELAWAN/SURABAYA 22/3 PORT KELANG/PENANG/E. Malaysia 22/3 BUSAN 22/3 TOKYO/YOKO/KOBE/NGO/OSA 22/3 HONG KONG SIN CHINA 22/3 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DAL lAN SHANGHAI /XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EMOPt/U* 22/3 LDN/FLX/LVP/SOU 22/3 RDM/HAM/ANT/IE
      396 words

  • Page 44 Advertisements
    • 710 44 VSL NIXT »V«*BU JAKARTA VSL SIN/ JAKARTA »m*eu 15/ 03 23/03 rt 03 30 0 3 01 04 04 01 04 13,04 16 04 22 04 20 04 27 04 29 04 04 05 06 05 FIL CONTAINER SERVICES PTE LTD MADRAS CALCUTTA BIN/MAORA3 SM MM SW SIO 23 25/03
      710 words
    • 323 44 Bonterml CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— MANILA 20 MAR '92 BANGKOK FREMANTLE AUCKLAND EUROPE GOTHENBURG PENANG PORT KELANG JAKARTA MELBOURNE SYDNEY 23 March 25 March 27 March 21 March 22 March 23 March 23 March 24 March 25 March 25 March ©235 0633
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    • 422 44 Next Week's Sailings Singapore Tel: 778 6522 Fax: 779 2738 Esther Yap Johore Tel: 07-*****8 Fax: 07-*****3 Alfred Ng INCHCAPE SHIPPING SERVICES (S) PTE LTD Tel: *****11 Far *****88 CR: **********0 C THE NATIONAL SHIPPING COMPANY OF SAUDI ARABIA COHTAHEK/KO-ltO/BMAKBUIK SCTWCES VESSEL VOY SAUDI MAKKAH FEA 047 VESSEL SAUDI HOFUF
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    • 260 44 CENTRAL EXPRESS LINES FOR BOOKINGS CENTRAL EXPRESS S PORE EAGLELINER PENANG 04 *****1 EAGLELINER PORT KELANG 03 *****39 R CHINESE-POLISH k JOINT STOCK SHIPPING CO CONTAINCRfBftCAKSUIK WKM 80l \|t M/S ZHANGHENG V 44 1/4 HUANGPU/SHANGHAI/XMGANG BALTIC FAR EAST SHIPPING PTE LTD--2 MISTRI ROAD #10-00, HMC BUILDING, S PORE 0207 TEL:
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  • Page 45 Advertisements
    • 317 45 vQc vO c vO c vO c <Dc U VAN OMMEREN CETECO GROUP > TRANSPORT DIVISION 0 VOTAINER CONSOLIDATION SERVICES: f] THE ONLY CONSOU[»T»V«ntWOBLDWIDE NETWORK V J Weekly FCIACL Services Ttfrom > USA EUROPE FAR EAST Batbnor* Votainer Coradldaflon Series Hamburg: Van Ommeren Hamburg GmbH. > S"pofe: Van OnvneferSNpq(no(S)PteLkl. U
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    • 132 45 Drai-t-Caiu;o\vays (S) P I I LTD KARACHI Your Indian Connection CHITTAGONGI BOMBAY MADRAS BO TEL: 235-9090 (8 LINES) FAX: *****96 *****33 TLX: RS ***** CGOWAYS WEEKLY SAILINGS CARRIER'S B/L FOR ALL LCL/FCL SHIPMENTS CO-LOADERS WELCOME ALSO ACCEPTING LCL DUBAI CALL: BOOKING/MARKETING YOUR UCLUSNE FORWARD£R/CONSOLR>» TOR INDIAN SUB-CONTMNT POUTS ft KYC
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  • Page 45 Miscellaneous
    • 310 45 TIDES AND WEATHER TODAY'S TIDES (m#t in metres) HOUR 0000 0100 0200 0300 044)0 0500 0600 0700 0100 0900 *****100 1200 1300 1400 1500 1(00 *****1M1900 2000 21M 2200 2300 JR 29 28 25 18 12 07 04 03 05 10 19 2.7 30 31 28 22 16 10 06
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  • Page 46 Advertisements
    • 434 46 Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. FULLY CONTAINERISED INTRA-ASIA SERVICE FIXED DAY DEDICATED STRAITS FEEDER SERVICE CONVENTIONAL SERVICES Agents: BOUSTEAD SHIPPING AGENCIES SINGAPORE KUALA LUMPUR PORT KLANG PtNANG TEL. 02-*****66 03-*****00 03-36X6301 04-*****2 FAX 02-*****71 03-*****82 03-*****28 04-*****7 TLX RS ***** MA ***** MA ***** MA
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    • 645 46 <iX< Every Saturday in Business Times !/CVISA FREIGHT SERVICES PTE LTD^J Established Sine* 1984 We Sail The World For You REGULAR GROUPAGE LCL CONSOLIDATION SERVICES IMPORT EXPORT United States of America Port-of-Cali Los Angeles Chicago New York (Acccpling all inland destinations via Los Angeles New York) Europe Port-of-Call Rotterdam Genoa
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