The Business Times, 27 March 1992

Microfilm: NL17813
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times MITA (P) 35/12/91 Friday, March 27, 1992 THE BUSINESS PAPER FOR S-E AS/A 75*
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  • NEWS SUMMARY
    • Article
      Growth in EC expected to dip as low as 1.5pc
      53 1 BRUSSELS Economic growth in the European Community could dip as low as 1.5 per cent in 1992, European Economy Commissioner Henning Christophersen has predicted. The EC economy grew by only 1.3 per cent in 1991 partly because of the severe
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    • Article
      Libya blasts the US, UK at World Court
      66 1 THE HAGUE Libya has accused the United States and Britain of blackmail as it sought World Court protection from Western attempts to force the surrender of the two suspects in a 1988 airliner bombing. Libyan representative Mohamed Al-Faitouri told the 16-member judicial
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    • Article
      Pretoria looks East
      22 1 SOUTH AFRICA has taken a series of steps to establish full-fledged diplomatic relations with East Asian countries Page 2
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    • Article
      Look before leaping
      52 1 LOCAL COMPANIES should prepare first before investing and expanding overseas, says Singapore's Senior Minister of State for Trade and Industry, Lim Boon Heng Page 3 HK office rents plunge HONGKONG'S office rents showed the world's steepest decline in 1991, falling by as much as 28 per cent.
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    • Article
      Viet villa furore
      25 1 COMMUNIST stalwarts in Vietnam who sold their statesubsidised villas for extravagant profits have come under fire from the National Assembly Page 8
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    • Article
      Pudong plan stalled
      27 1 SHANGHAI'S ambitious plans for its Pudong project have run into a number of problems involving foreign investment, loans as well as infrastructure Page 9
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    • Article
      Not just another Guy
      42 1 IN SPITE OF a growing reputation as "the greatest guitarist alive", Buddy Guy has had superstardom elude him in a career that has only seen him as a reliable, albeit sought after, sideman to blues performers Page 13
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    • Article
      PSA plans automation
      25 1 THE Port of Singapore Authority (PSA) is planning to automate various operations at the Brani Terminal's new gateway. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      32 1 PRICES on Wall Street opened higher yesterday with the Dow Jones index of leading industrials climbing 8.27 points (0.25 per cent) to 3,267.66 in the first five minutes of trading.
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    • Article
      Footsie higher
      33 1 LONDON SHARES rose by midday yesterday, as the market tracked the rising March FTSE 100 Index futures contract. At 1230 GMT, the FTSE 100 Index stood at 2.474.2, up 9.3 points.
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    • Article
      SBS earnings up 38pc
      38 1 SINGAPORE Bus Service (1978) Ltd has reported up a 38 per cent increase in group net earnings to $68.92 million, a performance attributed to sharply higher bus fare revenue and investment income Page 4
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    • Article
      RDC shines
      24 1 NET EARNINGS at Resources Development Corporation jumped 41 per cent to $14.81 million for the year ended Dec 31, 1991. Page 4
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    • Article
      Good debut by Proton
      39 1 MALAYSIA'S national car manufacturer, Perusahaan Otomobil Nasional Bhd, made a fairly impressive debut on the Kuala Lumpur Stock Exchange yesterday, opening at M 56.30, a premium of MS 1.30 over its issue price Page 4
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 694.63 -3.99 Kuala Lumpur ....604.27 -3.13 Tokyo 19,885.49 -341.29 Hongkong 5,037.71 -14.52 Sydney... 1,571.2 -10.8 Wednesday Change New York 3.259.39 -1.57 London 2,464.92 +6.2
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    • Article
      CURRENCIES
      30 1 London Gold AM fix USS340.75 USS0.65 Exchange rate# USS s$ 1.6550 100 Yen S$ 1.243 MS SS 0.6394 Monoy market rates Overnight 2 15/16% +1/16 3-month 3 5/16% unch
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    • Article
      COMMODITIES
      30 1 Rubber S'pore Apr 139.25«/kg -1.50 M'sia Apr 217.50Vkg unch KL Tin Turnover 40 tonnes -27 Spot. MSI4.20/kg +3 Crude palm oil Turnover 1,047 lots +253 June MS922 /tonne +5
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  • Article
    S'pore committed to free trade, envoy tells Gatt
    601 1  -  Economy among world's most dynamic, says trade policy review By Schutz Lee SINGAPORE The number of tariff binding agreements, which commit Singapore to maintain tariffs on certain items at below an agreed ceiling, had no bearing on the openness of its trade
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  • Article
    Lock icon Roh planning major reshuffle of Cabinet and party
    297 1 AP Reuter, AFP SEOUL South Korean President Roh Tae Woo is planning a major shake-up of his Cabinet and governing party next week in the aftermath of a humiliating parliamentary election defeat, aides said yesterday. "President Roh thinks that an extensive reorganisation
    AP; Reuter,; AFP  -  297 words
  • Article
    Narong under pressure to step down as US confirms drug link
    401 1 Thailand's general election BANGKOK Pressure grew yesterday for Thailand's prime minister-designate to stand aside after Washington confirmed he was once denied a US visa because of drug allegations. "I am confident that the formation of the new coalition will
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  • Article
    Lock icon Asia-Pac economic growth down last year: UN survey
    237 1 AFP BANGKOK Most AsiaPacific economies did not perform as well last year as in 1990, with dynamic Thailand slipping to 8.1 per cent growth and the Philippines suffering a 0.2 per cent decrease, a survey says. The survey by the United Nations
    AFP  -  237 words
  • Article
    Malaysia scraps plan for new investment rules
    267 1  -  From Leslie Lopez in KUALA LUMPUR INTENSE pressure from political and business groups has led Malaysia to scrap a controversial plan to introduce new investment guidelines. The decision to shelve changes proposed by the Foreign Investment Committee (FIC) was announced yesterday by Finance
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  • Article
    Lock icon US '91 economy shrank 0.7pc, first drop in 9 years
    302 1 Reuter WASHINGTON The US economy shrank for the first time in nine years during 1991, the Commerce Department said yesterday, and last year's closing quarter was even weaker than estimated a month ago. In the final three months of 1991,
    Reuter  -  302 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      156 1 r Aircraft Schedule 29 Money Changer Rates 29 Work) Stock Markets 26 Commodities 28 Money Market 27 Company News 4-6 Regional News 8 For market indices, editorial. Crypt* Crossword 29 Regional Stock Markets 25 advertising and circulation exEditorial 10 SES 18-20 tensions, call Business Times Financial News 7 Share Information
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      Page 1 Advertisements Column 2
      26 1 More reports on Pg 2: S'pore concerned about dumping charges Trade Policy Review gives S'pore a world stage Gatt positive on S'pore but urges fuller participation
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      Page 1 Advertisements Column 3
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  • PAGE 2 NEWS
    • Article, Illustration
      Lock icon S'pore concerned about dumping charges
      559 2  -  Gatt's review of Singapore Other trade restriction issues also raised with Gatt Reports by Schutz Lee SINGAPORE Singapore faced 34 anti-dumping charges against its local companies and seven countervailing duty (CVD) investigations between 1984 and 1990, said a report by the Singapore Government for the
      Soucre: Gatt Secretariat  -  559 words
    • Article, Illustration
      Trade Policy Review gives S'pore a world stage
      658 2 SINGAPORE The Trade Policy Review is an opportunity for Singapore to demonstrate what it has been doing and how it has done with regards to trade, said the head of the Singapore delegation to the two-day review in Geneva, which ended yesterday.
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    • Article
      Gatt positive on S'pore but urges fuller participation
      339 2 SINGAPORE The General Agreement on Tariffs and Trade has urged Singapore to participate more fully in multilateral trade talks and to provide more details on how policies are formulated and implemented here. The world trade watchdog also regretted that Singapore has few
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    • Article
      Lock icon US stand on services hitting trade talks, says EC
      380 2 AP GENEVA The United States has been accused of trying to reduce the scope of a landmark agreement to liberalise trade in services, the fastest growing area of international commerce. Negotiators in the so-called Uruguay Round of trade talks on Wednesday
      AP  -  380 words
    • Article
      Lock icon China, Taiwan may get into Gatt at the same time
      269 2 Reuter GENEVA Gatt members are moving towards a deal under which China and Taiwan might join the world trade body at the same time, trade officials said on Wednesday. "We are close to finding an agreement," one trade official said.
      Reuter  -  269 words
    • Article, Illustration
      S Africa to establish ties with E Asia
      528 2  -  Diplomatic ties with Singapore discussed By Salil Tripathi SINGAPORE South Africa has taken steps to establish full-fledged diplomatic relations with east Asian nations in its quest for international legitimacy after the moraleboosting referendum of March 17. At a news conference yesterday, South
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      241 2 NEW ZEALAND PROPERTY Investment opportunities WANG TERRACES* 9 City Road, Auckland City $9.6 m. Yield 9.5% Located in Symonds Street opposite Sheraton Hotel Eight levels built 1985. Building area ***** sq.ft. Head lease to Wang Computers to 1997. COLLEGE HEIGHTS 178 Hargreaves St, Auckand City $6.4 m. Yield 11% Located
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  • SINGAPORE NEWS
    • Article
      Boon Heng urges S'pore firms to expand overseas
      407 3  -  EDB studying problems faced in such ventures Reports by Claire Leow LOCAL companies should invest and expand overseas when they had sufficient knowledge to do so, the Senior Minister of State for Trade and Industry, Lim Boon Heng, said yesterday. The Economic
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    • Article, Illustration
      S'pore publisher launches Nobel Lectures series
      351 3 WORLD Scientific Publishing Company, a local firm which won a prestigious contract last year to publish the Nobel Lectures series, is bringing out the first two volumes today. The Nobel Lectures in Economic Sciences are by prize-winners from 1969 to 1980 and include the
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    • Article, Illustration
      Hwa Tat Lee to stay ahead by training workers
      353 3 IT IS said that leather wears well. And Hwa Tat Lee Manufacturing, which specialises in leather furniture, has worn just as well. What started as a shophouse in 1976 is now a company with an annual turnover of Ss6o million. Managing
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    • Article
      DBS Land expanding presence in Indonesia with new venture
      243 3  -  By Colin Tan DBS LAND Ltd yesterday announced an agreement with an Indonesian investment holding company to go into the building automation, fire prevention and security systems business in Indonesia. Under the agreement, a new company, Enctech Indotama (PEI), will be
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    • NEWS ROUNDUP
      • Article
        Singapore Prep School clarifies
        150 3 IN OUR story "Expat parents to take over prep school" on March 23, we reported that a group of expatriate parents are pooling their resources to take over the Dover Court Preparatory School at Margate Road. We also reported the school is affiliated to the Dover
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      • Article
        New name for IT committee
        102 3 THE Committee on National Computerisation has a new name. It is now the National Information Technology Committee (NITC) but will still be chaired by the Senior Minister of State for Education, Dr Tay Eng Soon. The Deputy Prime Minister and Minister for Trade and Industry,
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      • Article
        ALR appoints distributor
        77 3 LEADING personal computer manufacturer ALR International has appointed Automated Systems (Pte) Ltd (ASL) as its business systems distributor in Singapore. ASL, formed in 1972, is a subsidiary of publicly-listed CSA Holdings Ltd. It specialises in the distribution of computers and networks, automated office equipment and technical workstations.
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    • Article
      JLW property auction nets $3.5m
      239 3 ABOUT $3.5 million worth of properties four residential, one office and one shop changed hands at a Jones Lang Wootton (JLW) auction yesterday. Six of the seven properties on offer were sold at prices ranging from $328,000 to $980,000. Only one residential property an apartment
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
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      Page 3 Advertisements Column 2
      157 3 The 1881 Collection PiM® a -s >^nRIK 'nn i jI Ha 3s- jf *.^p Calendomatic Ref. 40 B1 880 7/815 The result of decades of Movado's technological ingenuity. The variety of models in the 1881 Collection offer a wide range of choice, in yellow or pink 18 karat gold with
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  • COMPANY NEWS 1
    • Article
      L&M defends accounting policy in interim results
      430 4  -  By Sylvia Wong SINGAPORE L&M Group Investments Ltd has defended the accounting policy it used in its recent interim results by saying that the volume of activities and the value of its contracts on hand should not be directly related. In a statement
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    • Article
      SBS posts 38pc rise in group earnings to $69m
      486 4  -  Higher bus fares, investment income offset effect of drop in ridership By Dexter Lee SINGAPORE Buoyed by sharply higher bus fare revenue and investment income, Singapore Bus Service (1978) Ltd has chalked up a 38 per cent increase in group net
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    • Article
      Proton shares make strong debut
      383 4  -  Counter accounts for more than a third of stocks traded From Leslie Lopez in KUALA LUMPUR MALAYSIA'S national car manufacturer Perusahaan Otomobil Nasional Bhd (Proton) found strong buying support to make a fairly impressive debut on the Kuala Lumpur Stock Exchange (KLSE), brokers and investment
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    • Article
      Higher taxes pull down gains at Tuan Sing, SPP
      272 4 SINGAPORE Tuan Sing Holdings Ltd yesterday reported that higher tax provision dragged down its 1991 net earnings by 61 per cent to $712,000. Taxation for the year came to $3.24 million against $1.23 million previously, erasing gains made in pre-tax profits.
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    • Article
      RDC surprises with $14.8m net earnings
      377 4  -  By Lilian Ang SINGAPORE Resources Development Corporation (RDC) has put up a sterling performance, raking in $14.81 million in net earnings for the year ended Dec 31, 1991 up 41 per cent over the previous year. The results, built on strong profits at the
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    • Article
      CSA Hldgs profit slightly higher than forecast
      261 4  -  By Lee Han Shih SINGAPORE CSA Holdings Ltd, listed on the main board in the middle of last year, yesterday turned in profits that were marginally higher than its forecast for 1991. The computer systems house's pre-tax profit for the year ended Dec
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    • Article
      Bousteadco earnings fall sharply to $275,000 from $6.56m
      295 4 SINGAPORE Bousteadco Singapore Ltd has reported dismal results for the year to Dec 31, 1991, with net earnings having slumped to $275,000 from $6.56 million previously. Moreover, the company recorded an extraordinary loss of $4.7 million from the sale of consumer electronics
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    • Article
      Pernas transfers CT Hotel stake
      235 4 SINGAPORE Pernas International Hotels Properties Bhd (PIHP) is proposing to acquire the entire stake in CT Hotel Sdn Bhd, the owner of Holiday Inn Johor Baru, from Pernas Securities Sdn Bhd. Pernas Securities, which is a wholly-owned subsidiary of Perbadanan Nasional Bhd (Pernas), owns 47.7
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    • Article
      GIC said to be against Aussie gold merger move
      518 5  -  PosGold's terms for Mt Leyshon unreasonable, says adviser From Florence Chong in SYDNEY THE Government of Singapore Investment Corporation (GIC) is believed to be opposed to a move by Australian miner Poseidon Gold to take over a Queensland mining company, Mt
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    • Article
      Lock icon Taipei partially re-opens bourse to foreign funds
      258 5 AFP TAIPEI Taiwan has partially re-opened its bourse to foreign investment by allowing three institutions to invest US$l5O million (***** million) in the stock market only a month after barring such inflows, officials said yesterday. The Central Bank of China (CBC) on Wednesday
      AFP  -  258 words
    • COMPANY BRIEFS
      • Article
        China's 2 bourses to list all firms
        63 5 HONGKONG China's two stock markets are to list companies from across the country this year in a bid to expand the fledgling trade, it was reported here yesterday. An official from China's central bank, the Chinese People's Bank, said companies from outside Shanghai
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      • Article
        Japan probes 4 appliance makers
        71 5 TOKYO Japan's Fair Trade Commission (FTC) has started investigating alleged violations of anti-monopoly laws by affiliates of four major electric appliance makers, a commission official said yesterday. Ten sales firms affiliated with Matsushita Electric Industrial Co, Toshiba Corp, Sony Corp, and Hitachi Sales Corp are
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      • Article
        Thai Airways oversubscribed
        67 5 BANGKOK Thai investors have already oversubscribed the public offer of 40 million shares in Thai Airways International Ltd by 5.5 million shares, brokers said. Investors have until today to subscribe for the 10 baht (64 Singapore cents) par shares at 60 baht each. Shares in Thai Airways,
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      • Article
        Maybank unit launches trust fund
        42 5 KUALA LUMPUR Mayban Management Bhd, a whollyowned subsidiary of Malayan Banking Bhd, yesterday launched a Msso million (SS32 million) equity trust fund, Mayban Unit Trust Fund, aimed at providing long-term capital growth and dividends for small investors.
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    • Article
      Lock icon Profits down 5pc at Hutchison, up 50pc at Cheung Kong
      292 5 AFP HONGKONG Hutchison Whampoa Ltd and Cheung iKong Holdings Ltd, the key performers of Hongkong tycoon Li Ka-shing's business network, yesterday reported mixed results for 1991. Mr Li's flagship, Hutchison Whampoa, said its aftertax profit for 1991 fell 5 per
      AFP  -  292 words
    • Article, Illustration
      Lock icon Australia's Packer is cashed up and on the prowl
      508 5 Analysts say he has raised more than As2b in recent months Reuter SYDNEY Australia's richest man, Kerry Packer, is on the prowl, after raising an estimated As 2 billion (552.48 billion) in recent months, but in a rare magazine interview Mr
      Reuter  -  508 words
    • Article
      Lock icon HK-listed Swire Pacific posts 25pc rise in profit
      185 5 AFP HONGKONG Locallylisted Swire Pacific Ltd said yesterday that profit attributable to shareholders rose 25.7 per cent from a year earlier, to HKS3.OB billion (*****.5 million) in 1991. This compared with HK52.4 billion the year before. The board of Swire Pacific, the
      AFP  -  185 words
    • Article
      OTHER RESULTS
      615 5 SINGAPORE Metal Containers Ltd cut its loss substantially to $655,000 for the six months ended Dec 31, 1991, from $2.9 million for the previous year. The better results were due mainly to a rise in turnover to $66.8 million for the six months in 1991 from $60.8 million
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    • COMPANY BRIEFS
      • Article
        Hotel chains plan casino for Chicago
        83 6 CHICAGO Three hotel chains have proposed building a US$2 billion (553.3 billion) Las Vegas-style casino-resort project for Chicago. Officials from Hilton Hotels Corp, Caesars World Inc and Circus Circus Enterprises Inc jointly announced what they said would be the largest entertainment complex of its
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      • Article
        GE cuts investment in Hungary
        59 6 BUDAPEST General Electric, the US electrical engineering company, is retrenching at its tungsram light bulb operation in Hungary, one of the earliest and largest western joint ventures in Eastern Europe. GE announced cuts in investment, employment and production at the plant after preliminary results showed
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      • Article
        Sweden's Svenska posts losses
        71 6 STOCKHOLM Sweden's Svenska Cellulosa AB (SCA) on Wednesday reported a 42 per cent fall in 1991 profit to 1.23 billion crowns (*****.3 million) after financial items the last in a weak round of results from the country's forestry giants. SCA, Sweden's second largest forestry group after
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      • Article
        Group buys Telesat Canada stake
        62 6 OTTAWA A consortium led by Bell Canada and SparAerospace won a Canadian government tender to buy Ottawa's 53 per cent stake in Telesat Canada, it was announced here on Wednesday. The Alouette Telecommunications consortium grouping 10 telephone companies and Spar, Canada's sole satellite maker won
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      • Article
        BP France's profits down
        65 6 PARIS BP France Group made a group-share net profit of 710 million francs (Ss2o9 million) in 1991, down by 24.5 per cent from the 1990 level of 940 million francs, group chairman Raymond Bloch announced on Wednesday. He said that BP had suffered from a collapse
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      • Article
        UK group Reckitt changing tack
        70 6 LONDON Consumer products and healthcare group Reckitt Colman pic said it would now focus on further developing its existing businesses rather than seeking large acquisition opportunities. Having just digested the £713 million (552.04 billion) June 1990 acquisition of Boyce-Midway of the US, Reckitt will now
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    • Article
      Lock icon Procter & Gamble plans to sell its pulp division
      498 6 Procter Gamble plans to sell its pulp division Move will enable it to focus on consumer products business Reuter CINCINNATI Procter Gamble Co said on Wednesday it will sell its US$BOO million-a-year (551.32 bil-lion-a-year) pulp division as part of its goal to focus on its consumer products business. The company
      Reuter  -  498 words
    • Article
      Lock icon EC to probe Nestle's takeover of Perrier
      303 6 IHT BRUSSELS The European Commission has launched a full inquiry into the takeover of Source Perrier SA of France by Nestle SA of Switzerland, saying it has "serious doubts" about the deal's compatibility with EC antitrust rules. The 15.3-billion-French-franc (554.5 billion) takeover, which
      IHT  -  303 words
    • Article
      Lock icon Debt restructuring will open up Olympia & York to greater scrutiny
      499 6 Debt restructuring will open up Olympia York to greater scrutiny Reuter TORONTO The secretive Reichmann brothers, who built the world's biggest property company, may be forced to reveal the extent of their financial troubles in exchange for a rescue package, a prominent Canadian author who investigated their empire said. Peter
      Reuter  -  499 words
    • Article
      Lock icon US firm sues Japanese electronics firms
      424 6 Loral Fairchild demanding royalties from microchip makers Reuter TOKYO Loral Fairchild Corp of the US is suing several firms, most of them Japanese, charging infringements of key microchip technology patents, Japanese company officials said yesterday. Analysts and local media said around 30 companies were
      Reuter  -  424 words
    • Article
      Lock icon Prospects for Germany's chemical giants diverge
      560 6 MARKET Bayer pulling further ahead of BASF, Hoechst Reuter FRANKFURT The earnings trend at Germany's three major chemical groups continued to diverge at the start of 1992 and industry analysts expect the gap to widen further. This year Bayer AG, underpinned by its strong
      Reuter  -  560 words
    • Article
      Lock icon Mars wins right to supply German stores with ice cream
      371 6 FT BRUSSELS Mars, the US-owned confectionery group, will no longer find itself frozen out of the German ice cream market this summer following a European Commission ruling on Wednesday against its two main competitors. The commission cut the exclusive ties
      FT  -  371 words
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      104 6 We are reviving the good oT tiffin or tingkat lunch this March. Come and relive fond memories of eating out of that familiar stacked series of containers. Our three tiffin set menus include your favourite "homecooked" dishes like chicken curry, kambing soup, sayor lodeh, mutton herbal soup, stewed duck in
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      Page 6 Advertisements Column 2
      80 6 Ruthin School BOYS and GIRLS Junior School 8-11 years Senior School 11-18 years The Senior Master Mr B.M. Cokell will be available at The River View Hotel, Havelock Road, Singapore from Saturday 4th to Monday 6th April 1992 For private interviews with parents and children interested in a U.K. education
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  • FINANCIAL NEWS
    • Article
      Lock icon HKBank no longer a quasi-central bank: chairman
      276 7 Reuter HONGKONG The Hongkong and Shanghai Banking Corp is no longer a quasicentral bank in Hongkong, the bank's chairman William Purves said. Government-funded RTHK radio reported that Mr Purves told a panel of Legislative Councillors that the bank was, therefore, free to make
      Reuter  -  276 words
    • Article
      Lock icon Regulators to meet on HSBC-Midland Bank merger
      355 7 South China Morning Post HONGKONG Bank regulators from Hongkong, Britain and possibly other countries are likely to meet soon to discuss the pending merger of HSBC Holdings and Midland Bank. Banking Commissioner David Carse said yesterday that he is still in touch with
      South China Morning Post  -  355 words
    • Article
      Lock icon Guangzhou to let six foreign banks open this year
      304 7 Reuter HONGKONG Guangzhou will allow three foreign banks to open branches there by June and three more by the end of the year, Mayor Li Ziliu was quoted as saying. Mr Li told the Hongkong Economic Journal newspaper that the People's
      Reuter  -  304 words
    • Article
      If America is depressed, why are people shopping?
      539 7  -  MARKET By S N Vasuki SINGAPORE Sagging American consumer confidence continues to offer rivetting evidence that a US economic recovery is nowhere in sight. The reasoning is simple: American consumers are today being haunted by job losses in some of the country's
      539 words
    • SMALL CHANGE
      • Article
        Salomon broking chief picks his successor
        91 7 NEW YORK Billionaire investor Warren Buffett, brought on board to help clean up the scandal-tarred image of Salomon Inc, on Wednesday said he would recommend Deryk Maughan to succeed him as head of the Wall Street firm's brokerage arm. British-born Maughan is currently chief
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      • Article
        Yamatane Securities under probe
        83 7 TOKYO Japan's Finance Ministry (MOF) is investigating whether Yamatane Securities Co Ltd was involved in illegally guaranteeing a profit to a client who bought securities from it, Nobuhiko Matsuno, head of the MOFs securities bureau, told a Parliamentary committee. The financial daily Nihon Keizai Shimbun said
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      • Article
        Chase Australia's losses fall
        65 7 SYDNEY Chase Manhattan Bank Australia Ltd, whollyowned by Chase Manhattan Bank Corp, said its loss after tax and extraordinary items fell to A 59.58 million (S$ 11.97 million) in calendar 1991, from a A$ 149.51 million loss a year earlier. Chase Manhattan Bank Australia said the
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      • Article
        Liechtenstein tightens bank rules
        66 7 VADUZ, Liechtenstein The offshore financial centre of Liechtenstein is widening the scope of its banking supervision to subject certain financial institutions to the same capital requirements as banks. Hubert Buechel, secretary of the Alpine principality's banking authority, said it was going further than neighbouring Switzerland by
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      Page 7 Advertisements Column 1
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      475 7 Short cuts. Cutting corners. And jumping queues. (Presenting the first word processor that works like you do.) file Edit View Insert Format Tflols Table Window Help fpTgiHi nnsiai im fign=reia ifiaisrerii (51 IFEE IMBIBI CfcttorltrMlrts CM km to nutr dmrtf CM km to chick sprflmj CM km to zoom m
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  • THE REGION
    • NOTE BOOK
      • Article
        Sihanouk to quit presiding over groups
        100 8 PHNOM PENH Prince Norodom Sihanouk said yesterday he would quit presiding over the various working groups he has formed to help Cambodia rebuild after decades of war. The Prince in a statement said overseas Cambodians particularly those in France were upset that he was
        100 words
      • Article
        NZ wants more sales to Gulf
        85 8 ABU DHABI New Zealand, one of the world's largest food exporters, has joined an international race to increase sales to the Gulf and secure a larger share in post-war business development. An official at New Zealand's Embassy in Saudi Arabia said his country was
        85 words
      • Article
        Viet PM halts timber export
        123 8 HANOI Prime Minister Vo Van Kiet has ordered a halt to the export of timber and sawn wood to save what is left of Vietnam's rapidly diminishing forests. Log exports, construction of dams, expansion of cash crops, slash-and-burn farming and charcoal-making have caused a rapid
        123 words
      • Article
        New travel agencies' licences
        84 8 KUALA LUMPUR The Ministry of Culture, Arts and Tourism will be more stringent when issuing licences for new travel agencies to avoid overcrowding, its minister Datuk Sabbaruddin Chik said yesterday. There were just too many travel agencies in the country, causing intense competition which in turn
        84 words
    • Article, Illustration
      Lock icon HK office rents see world's sharpest falls in 1991
      559 8 Singapore's rates higher than colony's as a result AFP, South China Morning Post LONDON Hongkong's office rents showed the world's steepest decline in 1991, falling by as much as 28 per cent, the Londonbased international property company Hillier Parker said in
      AFP,; South China Morning Post  -  559 words
    • Article
      Lock icon Philippine recession over: planning chief
      430 8 AFP MANILA The Philippines' recession has bottomed out, putting the economy on track for 2.5 to 3 per cent growth in 1992, Economic Planning Secretary Cayetano Paderanga said on Wednesday. Mr Paderanga said strong exports growth, trade and foreign-exchange liberalisation, increased investments and robust remittances
      AFP  -  430 words
    • Article
      Lock icon Top officials draw fire for Ho Chi Minh City house sales
      487 8 AFP HANOI Sky-high housing prices in Ho Chi Minh City have lured even communist stalwarts to sell their statesubsidised villas for extravagant profits, sending ripples of outrage the length of Vietnam. The National Assembly here is debating whether to
      AFP  -  487 words
    • Article
      Lock icon NZ export growth yet to spark recovery in domestic sector
      300 8 Reuter WELLINGTON The New Zealand economy is moving into a phase of consolidation, but export growth has not yet fed through to a recovery, Business and Economic Research Ltd (Berl) said in its latest economic forecast. "The improvements taking place
      Reuter  -  300 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      483 8 (T CSA HOLDINGS LTD (Incorporated in the Republic of Singapore) The Directors of CSA Holdings Ltd are ploasod to make the following announcement: AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1991 THE GROUP THE COMPANY 1991 1990 +/H 1991 Ss'ooo SSOOO Ss'ooB Turnover 105,680 79,369 33 3,088 Investment Income
      483 words
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      Page 8 Advertisements Column 2
      192 8 jl Always Judge A Restaurant ■■HEZ By Its Tea fjt trifle fussy you may immaculate, don't bother looking for m say. But then Hung f chipped crockery or stained tablecloths. Hfjjß Kang Teochew Restaurant is You won't find them here. True run by fussy people. Who Teochew hospitality. Any Teochew
      192 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Shanghai's ambitious plans run into obstacles
      743 9 They include low investment, unapproved loans, infrastructure woes Reuter SHANGHAI To hear China's leaders describe it, the multi-billion-dollar Pudong development scheme will place Shanghai squarely on the map as the financial and economic hub of the Far East. Asia's tallest television tower, forests of
      Reuter  -  743 words
    • Article
      Lock icon Italian govt puts off privatisation move
      284 9 Reuter ROME Italy's outgoing government has given up efforts to set in motion a massive privatisation programme before next month's elections. The government, committed to raising 15 trillion lire (S$ 19.5 billion) from privatisations this year to help fill the state's depleted coffers, postponed
      Reuter  -  284 words
    • Article
      Lock icon Canada eases rules on foreign investment in energy sector
      255 9 AFP CALGARY, Canada Canadian Energy Minister Jake Epp announced on Wednesday that Ottawa was easing restrictions on foreign investors seeking a stake in Canada's oil and gas sector. Prior to the announcement, new foreign investors were restricted to a 50 per
      AFP  -  255 words
    • Article
      Lock icon British opinion surveys show thin lead for Labour Party
      419 9 AFP LONDON Two weeks ahead of an election due on April 9, voter surveys showed the opposition Labour Party slightly ahead yesterday but lacking a lead strong enough to take a majority of seats in the next Parliament. In the polls
      AFP  -  419 words
    • Article
      Lock icon Japanese power companies form thrust of S$62b fiscal package
      453 9 AFP TOKYO Japanese power companies will implement up to 75 per cent of this year's capital spending plans in the first half of the year as pari of a five trillion yen (5562.15 billion) package of fiscal measures to stimulate the
      AFP  -  453 words
    • WORLD WATCH
      • Article
        Beijing leases out land in high-tech park
        112 9 BEIJING Beijing has started leasing land to companies in its new Shangdi high-tech park which city planners hope will become the heart of a high-technology and information industry boom. Eight Chinese companies signed official leases for space in the park, which contains about
        112 words
      • Article
        Japan's first land price drop
        122 9 TOKYO The prices of Japanese residential land at the beginning of this year fell an average of 5.6 per cent from a year earlier for the first drop in 17 years, a government agency said yesterday. Residential land prices in Tokyo and its vicinity dropped
        122 words
      • Article
        Merger rules for Taiwan's firms
        83 9 TAIPEI Taiwan's Fair Trade Commission (FTC) has set merger rules for local enterprises whose annual turnover exceeds NT$2 billion (Ssl29 million), officials said yesterday. Under the measures, large companies are required td apply for approval from the FTC before proceeding with mergers or acquisitions. The
        83 words
      • Article
        US living standards rising: study
        89 9 NEW YORK United States household income will rise on average in the coming years as many people enter their peak earning years, the economy grows and the number of two-pay-cheque families increases, a conference board study said on Wednesday. It predicted the average household income
        89 words
    • Article
      Lock icon US execs upbeat about second quarter
      394 9 Bankers also see signs of rising loan demand AP, Reuter NEW YORK American business executives are more optimistic about sales and profits in the second quarter than they were in the first three months of the year, according to a survey released on Wednesday.
      AP,; Reuter  -  394 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      192 9 Enter the fifth Asian dragon, Pg 11 ~ZSS3m£ w~^ tlm j Four apartment types ranging from a 3,441 sq.ft 4-bedroom IH Malacca S penthouse to 1,235 sq.ft 2-bedroom family units. All i i_ M J*^^^^P^Bk^femaiso n ii ette s have charming spiral staircases. Facilities fllUbl Uit l!S ICIII it 11
      192 words
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  • Article
    Ease those advertising rules
    494 10 EDITORIAL OFF came the wigs and in came the fresh air. Lawyers these days are being whirled around by a pace of change they have not seen in years, with new Chief Justice Yong Pung How at the centre of the hurricane. His no-nonsense attitude towards
    494 words
  • WHAT THE OTHERS SAY
    • Article
      Bottomline of polls
      276 10 THAILAND'S just-concluded general election, though itself a democratic exercise, poses a prob- lem for political idealists: it has hardly turned out to be the paean to "democracy" some expected it to be. On one side was the "pro-democracy bloc" of four parties. On the other was the
      276 words
    • Article
      Pros of NTUC hospital
      114 10 GIVEN its good track record in managing a large chain of supermarkets, one of the biggest local insurance companies and a taxi fleet, the National Trades Union Congress stands a good chance of making a successful entry into the health care business. If the NTUC does
      114 words
    • Article
      Army behind Deng
      101 10 THE TALK about combating "leftist influences" by top-level Chinese army officers does not in the least mean that they want to change the Chinese Communist Party's absolute power over the army. They want to ensure China's stability while it progresses towards being a well-off society. When top-level
      101 words
  • REGIONAL VIEWPOINTS
    • Article
      Maturity in Korea
      159 10 IN THE general election in South Korea, the num- ber of seats won by the ruling Democratic Liberal Party led by President Roh Tae-woo fell far short of the majority control of the National Assembly. Politics in South Korea will no doubt be in a state of
      159 words
    • Article
      Power to the voters
      233 10 FRANCE threw an election and nobody won. The I ruling Socialists were humiliated in Sunday's regional campaigns, winning less than a fifth of the vote. 1 The government of Edith Cresson now lacks a mandate to govern; Francois Mitterrand is expected to replace her, and maybe
      233 words
    • Article
      Let the competent rule
      137 10 THERE IS NOT MUCH saving grace left for the pro-military parties even if the latest reports yesterday about General Suchinda declining the premiership offer are true. If the leaders of these parties had neither the courage nor the confidence to vie for the premiership in the
      137 words
  • Article, Illustration
    The Russian quest to divide and rule
    988 10  -  John Helmer, reporting from Moscow, says the Russian Federation's draft Constitution aims to set up a strong centre overshadowing the republics John Helmer, THE DRAFT Constitution for the Russian Federation proposes a strong central government. with inducements to local politicians and district administrations
    988 words
  • Article
    The unclear division of powers
    386 10 At THE HEART of the debate are chapters 13 and 14 of the proposed Constitution, which divide the powers of the Russian federation. Article 79 reserves for the federal government in Moscow powers to regulate public order, manage state property, legislate "principles of market finance,
    386 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      121 10 net®raiwmsm rriie Htrdits'Llnies -3~=| WLTOWWai tornow The Straits Tin w <* w economic ouiiook •omhrw j arrives for visit I MM* MMUI lomon S'poc. can cxpKt U >«»•' .M 1 t m growth ift'r ti£% BU TTOD® itete TTBtofD©© W©(M% ©W(Mr'g(l©@ I^fcJti If you've been away for a period of
      121 words
  • Page 10 Miscellaneous
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  • ANALYSIS
    • Article
      Lock icon Time for Asian economies to dump US$ for yen?
      752 11 A study suggests that some Asian nations would gain in economic stability if they pegged their currencies to the yen AFP ASIA's newly-industrialised economies would benefit from the yen replacing the dollar, or at least playing a bigger role, in managing
      AFP  -  752 words
    • Article, Illustration
      Lock icon Enter the fifth Asian dragon
      1217 11  -  Nicholas D Kristof visits unabashedly capitalist Guangdong province, which is being held up as a national model for communist China Nicholas D Kristof NYT IN THE STRUGGLE for China's soul, the hardline leadership in Beijing seems to be losing ground to the southern Chinese region
      NYT  -  1,217 words
    • Article, Illustration
      The Inspector-General won't be coming anymore
      1116 11  -  Maggie Ford, writing from Jakarta, discusses Indonesia's decision on Wednesday to reject Dutch aid Maggie Ford. The annual visit to Jakarta by Jan Pronk. the Dutch development minister, has always been a time for gritted teeth among Indonesian officials. Dubbed the "InspectorGeneral" by Indonesia's
      1,116 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      596 12 M Nothing Beats A Bud. [ft&Vfl IffuNO OF 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
      596 words
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      Page 12 Advertisements Column 2
      188 12 I WHERE TO WINE, DINE... j BRICK GAME COMPETITION 1992 Heats 29 March, 5 12 April Grand Final 26 April Time 11 am Category A Below 12 yrs old —*$12 Category B 12 yrs old above *$20 Inclusive of a Buffet Brum h at Cafe Pla/a. 1 ll\ 298 0011
      188 words
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      Page 12 Advertisements Column 3
      199 12 Local Tea Time delights at Chatterbox TJT" every Friday, Saturday and Sunday 3 pm to 5.30 pm. $14.50+ per person $8.50+ per child (below 10 yrs) Mezaarww Sumptuous Continental Afternoon Tea "If? spread at Mezzanine Lounge. Daily. 3 pm to 6 pm. $16.00+ per person $10.00+ per child (below 10
      199 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      615 12 TELEVISION AND RADIO mm srr.':" d,,tar,,x ":fssrasssi.^ Mic buswessonrawo 1 lie VjOlflCll Y CRTS WAM CNN «1,. LM SS,WS. 2,5 ST* BBC, tt.9 mHz in VHF Band N 8.30 Ciose. 8.30 Variety Tonight (C, L, Stereo). 4.15 Close. 7.05 am. 1.300 m. 5.050 m. 1.05 am. 4"A p*»— 7.00 PM
      615 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The living legend of blues
      1022 13  -  Eric Clapton calls him the greatest guitarist alive. The legendary Buddy Guy tells Dawn Tan of his passion for the blues Dawn Tan BANDS from the 1950s and 1960s are often thought to have two options on which to justify their continuing existence nostalgia or
      Photo by Arthur Lee  -  1,022 words
    • Article, Illustration
      Dirty job for Missouri garbage collectors
      589 13 ABOUT 2,000 pornographic magazines that fell off a truck littered a road in this midwest American city of Kansas City and snarled traffic as drivers scurried to pick them up, state highway officials said on Wednesday. About a dozen Missouri Highway and Transportation Department
      589 words
    • Article, Illustration
      Lock icon And the Academy Award goes to...
      925 13  -  Hollywood denizens are chomping their nails as Oscar night approaches, reports Bernard Weiraub Bernard Weiraub NYT HAS Bug*y peaked? Did Jonathan Demme, the director of The Silence of the Lambs, commit a serious blunder and insult Hollywood? Can an animated movie like Beauty and
      NYT  -  925 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      259 13 AND ENTERTAIN Ridlets Be a member of Ridley's and enjoy these exclusive privileges: 25% off all bottles 10% off all drinks after happy hours a 10% discount at the Hubertus Grill and Cafe-in-the-Park and many more special privileges. Plus a welcome package of 1 bottle each Chivas Regal, Martell VSOP
      259 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      255 14 ■SUBARU /I jn|ML* The Aristocratic Estate. i;. »m '--^Lgflßaßte^EaMSiiH^BSli^^^^^^^^B ;JSS^> v aS I I -T it I m& T ■■MKHfIMttK... I I *L*JZl±jz* The new Legacy 2.0 series GL 4WD Estate is to the braking system (ABS) ensure the best behaviour in the galvanised to resist corrosion. Manor born. An
      255 words
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  • FOCUS 1
    • Article
      Reaping rewards of Asian strategy
      1159 15  -  While these may not be the best of times for Citibank in the US, the bank is performing impressively in Asia. Pete Engardio and Bruce Einhorn report Pete Engardio, Bruce Einhorn USSELL Chen, the 33-year-old owner of a com-puter-parts company. is typical If the millions
      1,159 words
    • Article, Illustration
      Better image, brighter prospects
      653 15  -  John Meehan looks at Citicorp's recent success in raising capital John Meehan LAST fall, Citicorp chairman John S Reed's bold campaign to buttress his ailing bank with upwards of US$5 billion (SsB.3 billion) appeared dead in the water. In October, Citi announced a thirdquarter loss of
      653 words
    • Article, Illustration
      Lock icon Advocate of freedom
      1821 16  -  Samuel Brittan examines the work of Friedrich Hayek, the economic philosopher who died on Monday and who was admired by former British premier Margaret Thatcher Samuel Brittan FT MANY would say that if Mrs Margaret Thatchcr is a conviction politician, the convictions arc those of Friedrich von
      FT; File picture  -  1,821 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      92 15 MRRffiffißß So you want a LAW DEGREE? A public talk for those SPEAKER: interested in pursuing a law r 8.A., M.A. (Cantab.), degree on a full-time or part- M.A. (Illinois), time basis. Hear on how to />«,/«*» qualify even with just 'O' at NUS, Author of legal t r r
      92 words
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      Page 15 Advertisements Column 2
      1023 15 JvZ JNational Australia Bank Limited IWIIIIOfIBI AjCXN. *****4837 J", nagiatwad OWtoa: 500 Bourfaa Straat, JMPffWIMP VfIMMK Matwuma. Victoria, Australia. Balance Sheet as at September 30, 1991 Statement of Profit and Loss for year ended National Australia Bank Limited and «tsdia ry companies pt©m T Holding Holding Holding Holding Group Group
      1,023 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      283 16 r IwvesHnHk^'Ld 1 'HAterfall Gardens Z;*::Z'° Lowers ■r expected A rare opportunity to invest in KUALA LUMPUR'S The ultimate in elegant living in prime reside the heart of JOHOR BAHRL Set in the magnificent hilltops of Bukit loccuni n\ Situated in the most exclusive JJ fa sal Bandaraya Bangsar, WATERFALL
      283 words
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  • SPORTS
    • Article, Illustration
      Lock icon Pakistan bowls England over
      465 17 World Cup Cricket Finals AP MELBOURNE Pakistan's World Cup final win over England at the Melbourne Cricket Ground on Wednesday was a triumph for attacking cricket. Pakistan captain Imran Khan guided his side to 249 for six wickets off 50 overs by making 72 runs and
      AP  -  465 words
    • Article
      Lock icon Pakistanis flood the streets to celebrate victory
      283 17 Reuter, AP ISLAMABAD Pakistanis set off fireworks, fired guns into the air and danced in the streets in joy to celebrate their cricket team's victory over England in the World Cup final in Melbourne on Wednesday. As the citizens went into frenzied celebrations
      Reuter,; AP  -  283 words
    • Article
      Lock icon West has misunderstood Islam: Imran Khan
      216 17 AFP MELBOURNE Pakistan cricket captain Imran Khan went into bat for religion as well as his country on Wednesday, saying Islam had been misunderstood by the West. "I feel that Islam is one of the most liberated religions," he told the Age newspaper in
      AFP  -  216 words
    • SIDE LINES
      • Article
        Tomba wins CISM giant slalom title
        103 17 PYHATUNTURI, Finland Alberto Tomba beat Tobias Bamessoi of Germany by a hundredth of a second in each of two runs to win the CISM (International Military Sports Federation) giant slalom title on Wednesday. The World Cup slalom and giant slalom champion, Tomba completed the
        103 words
      • Article
        German swimmer banned
        122 17 HAMBURG, Germany German backstroke specialist Sven Hackmann received a six-month ban for doping on Wednesday from the German Swimming Federation (DSV), ruling him out of the Barcelona Summer Olympics. The 21-year-old tested positive for the anabolic steroid "Nandrolons" at the German national teams training camp at Flagstaff,
        122 words
      • Article
        Britain votes for permanent ban
        92 17 LONDON Britain's National Olympic Committee (NOC) voted on Wednesday to ban for life anyone caught taking illegal substances. It means even if drugtakers have served suspensions imposed by their sport's governing body, they will never again be selected for the Olympic Games. NOG* spokeswoman Caroline
        92 words
      • Article
        Stoppage averted at 11th hour
        69 17 PONTE VEDRA BEACH, Florida A threatened work stoppage by golf officials was averted on the eve of the. Players Championship when an agreement was reached between the PGA Tour and the Professional Association o£ Golf Officials. Responsibilities for the 19 members of Pago' include making
        69 words
      • Article
        Boxers make US$50,000 bet
        114 17 NEW YORK Ray Mancini and Greg Haugen, a pair of former lightweight champions, have put their money where their fists are by making a US$5O,OOO (5582,750) side bet for their April 3 fight. Continuous bad mouthing of each other during promotional stops for their 12-round fight
        114 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      242 17 For the world of electronics, Samsung's state-of-the-art tech- demand and dramatically increase the performance of nology opens a whole new era. various systems. Meanwhile, every effort is being made p I Samsung's 16M DRAM features 0.55 n CMOS to realize greater speed, 3.3 V operation, and lower IflO ***** process
      242 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Profit-taking wipes out previous day's gains
      4129 18  -  By Chew Eng Han THE Singapore stock market yesterday surrendered the previous day's gains as cautious profit-taking set in. The Straits Times Industrials Index fell 9.94 points to close at 1,439.72, losing more than the 9.88 point rise it made on Wednesday. "This is
      4,129 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2908 19 DBS Foreign 1280 +30 f 2.4% Prima 580 HO +18% Cily Dev 50» 380 8 +2.2% City Dev A 366 +8 +2 2% RDC 308 +8 f 2.7% Robinson 560 +5 +0.9% First Capital 190 +4 +2.2% Focal Finance 128 +3 +2.4% Semb Ship Wt
    2,908 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      128 19 Shinel YOUR KEY TO BETTERBUSINESS DECISIONS! ]B4 Shine is Singapore Press Holdings' inforich database finatKul statements highlights, gnphs, latest results team: T. S. Uu on 740 1035, Hazel Ong on 740 1771 on Teleview, which incidentally is the most advanced and company news. orTonyClhia videotext system in the world. For
      128 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3223 20 H Leong Ind 50* 580 +20 +3.6% H Leong Credit 235 +4 +1.7% Hume M 380 2 0.5% Kemayan 50* 74 +2 +2.8% MMC I0« 154 +2 +1.3% PMRI 50* 190 2 +1.1% Uniphone Tel 269 +2 +-0.7% Gadjah 2000USS 195 +1 t-0.5% Dunlop Est
    3,223 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      764 20 BUSINESS TIMES ANNOUNCEMENT The Directors of Bousteadco Singapore Limited announce the following preliminary final results of the Group and the Company for the year ended 31 December 1991 These figures have been audited GROUP COMPANY 1991 1990 1991 1990 $'000 000 000 $'000 TURNOVER 116.44 a 126.069 Operating profit A
      764 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Proton makes strong debut but market remains weak
      5186 21 Bernama SHARE prices on the Kuala Lumpur stock market ended lower in active trading mainly due to interest centred on newly-listed Proton which accounted for the bulk of yesterday's turnover. The KLSE Composite Index dropped 3.13 points to 604.27 while the Industrial
      Bernama  -  5,186 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS FORECAST
      875 22 Mm Mart Last Fafl Year Ferecast •ait M MM ER tad Tear EPS Cms profit Kaagt Rage c«m NiM fatjr (cts) dn (S'Nfi) (SSaO (eh) Span Lad F Mar 12 Dec 91 126 10 0 44.641(f) 352-437 133-165 VIC F Mar 12 Dec 91 2 3 7.041L (7.5)
      875 words
    • Article
      Untitled
      377 22 Company Date Year Croup pre-tax Met earnings Gross ann to profit/k»s (L) per share dividend (*000) (certs) Tiger Med Mar 25 Dec 91 $6,687<$6.124) 62(7.2) 8(8) Haw Par Mar 25 Dec 91 $28.663($37.508) 11 6(156) 11(11) HK Land Mar 25 Dec 91 US$344,100($304.000) 163(160 90(90) UE Mar 25 Dec 91
      377 words
    • Article
      CORPORATE DEVELOPMENTS
      70 22 Mar 24 Heshe Holdings Ptc Ltd, subsidiary of First Capital Corporation Ltd, has won approval for a listing on the Stock Exchange of Singarpore. Mar 23 Tenaga Nasional Bhd may act as a venture capital company to provide financial backing to businesses involved in the manufacture of power
      70 words
    • Article
      DIVIDENDS ANNOUNCED
      1101 22 Current Ex Books Oat* Total for Total tor payment date dote payable the year last year Aseani Find USlOC(b) Mac 10 Mar 20 Mar 30 USIOC US10C A»n»20c 12 SITE Mar 3 Mar 13 May 15 17 5%TE 12 SITE 3AT 21c 104 8% Apr 9 Apr 22
      1,101 words
    • Article
      PRELIMINARY RESULTS OTHER RESULTS DUE
      748 22 Mai Bart List M Year UmmI NM Me to EPS Cms Oct mmmcti ttotag (cts) *r praft tart fear (SStN) EMS Final No* 6 Jul 91 30TE 17.8781 CC Ub Final Mar 14 Dec 91 75.6 20.0 36.724 Mn Fara Final Mar 15 Dec 91
      748 words
    • Article
      AUDITED RESULTS
      175 22 Company Date Year Group Net Mot earnings Grass ann to profit/loss (L) per share dividend (•000) (emits) Cerebos Feb 13 Sep 91 $45.623|<$38 911) 148(128) 236TE(30TE) KL Kepong Feb 13 Sep 91 MJ64 883(562.895) 15 3(148) 15(15) NST Feb 10 Aug 91 M$55.?98(59 064 30 9(33) 20(20) Asia
      175 words
    • Article
      SCRIPLESS CONVERSIONS
      65 22 ComersKMi Special Irdg Scripiess Conversion deadline Period Trading Com pan > starts (IDP) (ST) starts Centre point Mar 30 Apr 21 Apr 8 Apr 21 Apr 22 First Capital Mar 31 Apr 22 Apr 9 Apr 22 Apr 23 Hai Sun Hup Apr I Apr 23 Apr 10
      65 words
    • Article
      INTERIM RESULTS
      385 22 Company Date Half-year Group pre-tax Interim ana to profit/loss (L) dhrMend COOO) MSB Mar 23 Dec 91 M$2,109(M$10.256) L&M Mar 23 Dec 91 $5.762t($1.131) laya Holdings Mar 23 Dec 91 $3,300($3.326) Cons Plant Feb 29 Dec 91 MS59,800($40 600) 10(8) DMIB Bhd Feb 29 Dec 91 M$20,500($20.400) 6(6)
      385 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      699 22 Trans Registered Substantial Buy/ N*. of Amount Shareholding Stock Date Holder Shareholder/Director Sell shares Before After SPC 23/03/92 CDPD8S Nominees (Pte) Ltd MND Holdings (Pte) Ltd S 7.000 19.887 132.382.476 41 37 132,375.478 41 37 L&M 23/03/92 Street Names Guthrie Mfg (S) Pte Ltd *B 8 000
      699 words
    • Article
      APPROVED ISSUES
      258 22 Company Rights Issue COL Consokdabon of every four shares of HKJO 25 into one share of HKS1 00 nominal amount Rtfits issue of five-tor«ght HKJO 36 per share before consolidation Ex-<tate Mar 26 Books dose Mar 26 Acceptance Payment NYA MCB Hdfi One-tor ten MSI 10 per share
      258 words
    • Article
      PROPOSED ISSUES
      626 22 Company Rights Issue Afance lech One-tor-one $100 per share Bedford Issue of $175 lm nominal amount ot 55% Bank Guaranteed Bonds 1992/97 with detachable transferable subscription rfhts (TSR) on the basis of one TSR for every four ordinary shares 195 for each TSR Bolton Issue of $90 978m
      626 words
    • Article
      COMPANY MEETINGS
      188 22 Pacific Can hvestments takings Ltd: 3rd AGM at No. 1 Sixth Lok Yang Road, Singapore 2262, on Friday, Mar 27, at 4pm Asean Find Ltd: 3rd AGM at The Pan Pacific Hotel. Tulip Suite. 22nd Level. Marina Square. 7 Raffles Boulevard, Singapore 0103, on Friday, Mar 27. at
      188 words
    • Article
      RECORD HIGHS & LOWS
      149 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 h«h: *****8 (21/2/92) "^j 1992 km: 1232.84 (2/1/92) »2 tor UM.65 9/3/92 1991 to* 1333 08 (3/6/91) »*t 565.M 3 69 1991 tow 1022.52 (16/1/91) JJM8 M/91 1990 («fh: *****3 (16/7/90) |»0 J* "JJJ r 1990 tow. 981 07 09/11/90)
      149 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      362 22 In local curr In S$ In US$ dy yr dy yr dy yr \Ur 25 Index chge chge chgc chge chge chge World 392.6 0.3 -3.8 0.3 -5.8 0.3 -7.8 tEAFE 474.2 0.2 -5.6 0.5 -9.8 0.4 -11.8 Europe 427.3 0.0 3.9 0.5 -2.1 0.4
      362 words
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  • STOCK EXCHANGE OF THAILAND
    • Article
      Lock icon Worries over new government cause investors to sell
      2218 23 Reuter THE Thai stock market ended lower after investors, worried by uncertainties over the formation of a new coalition government, sold their shares, brokers said. The SET Index ended 3.14 points lower at 824.08 on a turnover of 6.67 billion baht. Brokers
      Reuter  -  2,218 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Share prices close lower in quiet trading
      1197 23 THE Jakarta share market continued its dull trend yesterday as the index edged down 0.93 point to 278.09 on a turnover of just under five million shares. High interest rates are the main deterrent to local investors while foreign interest is extremely selective.
      1,197 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      7 23 Plan your career in the Every Wednesday
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      Page 23 Advertisements Column 2
      474 23 WHEN YOUR MOTHER HAS AN AFFAIR GET IT NOW GO MARCH BUSINESS TIMES Toll fr— Tel No: 737 0Q43 Rat No: 734-3898 Neptune Orient Lines Limited *****,000,000 Hybrid Bond Issue Due 1998 In accordance with the provision of the Notes, notice is hereby given that for the three-month period from
      474 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei slips below 20,000 level again
      2563 24 Reuter TOKYO stocks ended weaker and the Nikkei Average slumped under 20,000 yesterday. Brokers said investors spent the day twiddling their thumbs in an absence of fresh factors. The broad market was somewhat steadier, but the Nikkei was hit by futureslinked selling and weakness
      Reuter  -  2,563 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Talk of Jardine rights depresses market
      2574 24 Reuter HONGKONG shares ended moderately lower yesterday following a sharp tumble around midday on talk of a possible rights issue by Jardine Strategic. A company spokesman declined to comment on the rumour. The blue-chip Hang Seng Index fell 14.52 points to close at 5,037.71,
      Reuter  -  2,574 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article
      Lock icon Index follows Tokyo's fall to end at year's low
      2218 25 Reuter THE Australian stock index yesterday finished at its lowest level for this year, in thin trade pushed down by a slump in Tokyo stocks. The Nikkei Average slid below the key 20,000-point level at the close. The local market opened
      Reuter  -  2,218 words
  • REGIONAL STOCK MARKETS
    • NZ shares plunge to close at 7-month low
      • Article
        NEW ZEALAND
        321 25 NEW ZEALAND shares, buckling under the weight of impending new issues, yesterday fell to their lowest point since Aug 21 last year. The NZSE-40 capital index ended 20.40 points down at 1,390.60 but turnover, worth NZ$l5 million, showed a lack of heavy selling pressure. There were 16 rises
        321 words
      • Article
        TAIPEI
        506 25 TAIWAN share prices ended higher across the board yesterday in thin trade on bargain-hunting after previous sharp losses, brokers said. The weighted index ended 71.29 points higher at 4,792.54. Turnover was NT$2O.3 billion against NT$l7 billion previously. Brokers said sentiment was helped by an apparent easing of political tensions
        506 words
      • Article
        MANILA
        511 25 SHARE prices in Manila slipped further yesterday amid continued concern about possible violence in the run-up to the May national elections, brokers said. The Manila Stock Exchange composite index shed 2.35 points in dull trading to end at 1,086.60 from Wednesday's 1,088.95. Gainers outnumbered losers by 22 to 17.
        511 words
      • Article
        SEOUL
        752 25 SHARE prices rose in active trading on the Korea Stock Exchange yesterday. The composite index of the exchange, which plunged 16.3 points to 607.83 on Wednesday, gained 3.87 points to close at 611.70. Gainers led losers 560 to 232 among the 818 issues traded. Volume totalled 29.260 million units
        752 words
      • Article
        BOMBAY
        105 25 BOMBAY Stock Exchange share prices soared to record highs for the second day on Wednesday in anticipation of a relaxation in trading restrictions, brokers said. The BSE Index jumped 132.59 points to 3,802.17, after rising 426.05 on Tuesday. The National Index rose 65.42 (mints to 1,730.45. "It was a
        105 words
      • Article
        INDICES & TURNOVER
        50 25 INDICES TURNOVER Claae Mar 26 Prrriot NEW ZEALAND NZSE-40 Capital 1.390.60 1,411.0 -20.40 mmm Composite Index Turnover (million) 1.086.60 445.1 1,088.95 613.44 -2.35 •168.34 TAIPEI Weighted Price Index Turnover (NTS billion) 4,792.54 20.3 4,721.25 17.0 71.29 3.3 SEOUL Composite Stock Index Turnover (billion won) 611.70 447.3 607.83 362 3.87 +85.3
        50 words
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  • WORLD STOCK MARKETS
    • Mixed economic reports puzzle Wall St
      • Article, Illustration
        NEW YORK
        1504 26 STOCKS on Wall Street posted a threeday losing streak in trendless trading on Wednesday as investors pondered twin reports that gave a mixed reading on the state of the economy. The Dow Jones Industrial Average, which fell 11.18 points on Tuesday, eased another 1.57 points to 3,259.39. "It
        1,504 words
      • Article
        FRANKFURT
        334 26 FRANKFURT shares continued to languish around the levels of the last two days on Wednesday, tied down by market anxiety over German inflation, money supply and interest rates. The 30-share DAX index ended 3.15 points up at 1,716.26. Disappointing corporate news from pharmaceuticals group Schering and a weak bond
        334 words
      • Article
        AMSTERDAM
        122 26 A SHARP but temporary rise in NedUoyd shares was the main feature on the Dutch bourse on Wednesday, with most other shares closing little changed. The EOE index, hovering within 3 per cent of all-time highs set before the 1989 crash, was just 0.03 down at 303.99. "Investors are
        122 words
      • Article
        PARIS
        158 26 FRENCH share prices extended their early gains in a fairly quiet Wednesday session as buyers placed their bets on the first day of the monthly account. But traders said the unsettled politic cal picture in France and poor prospects for a near-term cut in interest rates were limiting the
        158 words
      • Article, Illustration
        LONDON
        780 26 A RALLY on the equity futures market pulled up share prices on the London Stock Exchange on Wednesday, reversing an earlier fall on political worries. The blue-chip Financial Times 100 index, which slipped 15.6 points on Monday, closed 6.2 points higher at 2,464.9. The narrower FTSE-30 index was up
        780 words
      • Article
        MILAN
        179 26 SELLING pressure, which met little re- sistance from buyers, drove prices sharply lower in thin trade with all major stocks being hurt, brokers said on Wednesday. The MIB index closed 1.31 per cent lower at 982 points, down 13 since Tuesday and its lowest point so far this year.
        179 words
      • Article
        ZURICH
        283 26 SWISS shares closed a moderately active Wednesday session firmer but gave up some early gains to profit taking as the market tracked other weaker European markets. Activity centred on chemicals and a few other industrial blue chips, while banks and insurers, dampened by high interest rates, were ignored. The
        283 words
      • Article
        STOCKHOLM
        101 26 THE Stockholm bourse all-share index closed up 0.9 per cent at a new yearhigh of 999.60 in very active trade on Wednesday, with sentiment firm enough to resist some declines abroad, dealers said. The top-16 index rose 1.04 per cent and overall turnover was high at 845 million crowns
        101 words
      • Article
        BRUSSELS
        144 26 BELGIAN shares closed higher on Wednesday but just below the day's highs on a technical rally after five consecutive sessions of declining prices, spurred by a buying wave in some blue chip stocks in the afternoon and by firmer bond prices, traders said. The Bel-20 index of leading shares
        144 words
      • Article
        JOHANNESBURG
        363 26 THE Johannesburg Stock Exchange lost steam from midday on Wednesday, closing off early highs in active two-way trade, dealers said. However, a combination of positive factors over the past few days, including the referendum results and lower producer price inflation for January, improved market sentiment, they added. Share prices
        363 words
      • Article
        TORONTO
        287 26 BANK and real estate firms rebounded on Wednesday as the Toronto stock market began shaking off nervousness over Olympia York's financial difficulties, traders said. The Canadian dollar closed moderately stonger and Canadian bonds ended mixed. "It looks like the government's trying to calm things down. It looks like it's
        287 words
      • Article
        Untitled
        45 26 Vienna Mar 24 Asch Akg Holding 2450 100 Bank Austria (P) 506 2 E AUgcm (P) 2605 20 Jungbunzl ***** 40 Lenzing 1050 14 Leykam 379 1 Montana Oesterr Brau 3850 30 Semperit 104 unch Steyr 258 6 Veitscher 382 92 Source: Z-Landerbank Bank Austria
        45 words
      • Article
        INDICES & TURNOVER
        76 26 INDICES TURNOVER NEW YORK Close Previous Mar 25 Dow Jones SAP 500 Turnover (million) 3.259.39 3.260.96 407.52 408.88 192.65 192.26 -1.57 -1.36 +0.39 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.929 9 2.464.9 352.5 1.926.2 2.458.7 484 1 3.7 6.2 -131.6 FRANKFURT DAX Index 1.716.26 1,713.11 3.15 AMSTERDAM EOE
        76 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Speculative sales, stop-loss orders send greenback down against yen
      1215 27 REPORTS -ASIA Tokyo: The US dollar slipped against the yen in late Asian trade on speculative sales and stop-loss orders yesterday. "I definitely think the US dollar is headed south in overseas markets, but it won't be a one-way slide," said
      1,215 words
    • Article
      INTERBANK FOREX RATES
      375 27 Cross rates Mar 26 USS SS MS Dm Yen SFr AS NZS uss 1.6560 2.5790 1.6510 133.50 0.5774 1.5000 1.3072 1.8182 i ss 0.6039 1.5574 E .9970 m 0.9058 0.7894 1.0979 MS 0.3877 0.64 0.6402 51.7642 0.2239 0.5816 0.5069 Dm 0.6057 1.0030 1.5621 0.3497 0.9085 0.7918 1.1013
      375 words
    • Article
      MONEY MARKET
      526 27 Interbank rates S$ Bid Offer Overnight 2 15/16 3 1/16 (•month 3 3/16 3 5/16 2-month 3 1/4 3 3/8 3-month 3 5/16 3 7/16 Overnight mode: 2-15/16 LSS Bid Offer 7 days 4 1/4 4 3/8 1 month 4 3/16 4 5/16 2 months 4 3/16 4
      526 words
    • Article
      Lock icon Australian dollar bonds gain favour with analysts
      508 27 Reuter SYDNEY Global investors should increase their Australian dollar bond weightings because of high real yields and scope for price and currency rises, analysts said. They supported Merrill Lynch's decision on Tuesday to raise its recommended Australian weighting in global fixed income portfolios
      Reuter  -  508 words
    • Article
      FINANCIAL FUTURES
      1277 27 SlMEX EIWOOQllJm Open High Low Sett Est Vol Act/Vol Op/lnt Jun 92 95.40- 9*43 95J9 9M2 6520 7513 ***** 95.41 Sep 92 94.98 95.00 94.96 94.98 5030 4851 9024 Dec 92 94.19 94.21 94.17 94.20 2530 2708 7050 Mar 93 93.90 93.93 93 89 93.92 1115 585 3507
      1,277 words
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  • COMMODITIES
    • Article
      Lock icon Goodyear buying more Thai rubber, say traders
      426 28 Reuter SINGAPORE Tyre giant Goodyear Tire and Rubber Co, on a buying spree since January, appears to have switched from Indonesian rubber to Thai rubber, Asian traders said. The US firm's Singapore-based buying arm, Goodyear Orient Pte Ltd, has been bidding for physical
      Reuter  -  426 words
    • Article
      Lock icon Aluminium likely to be base metals' star performer this year
      253 28 Reuter LONDON Aluminium is the likely "star performer" in the base metals sector this year, with prices already up by 14 per cent this year, Nick Moore of stockbrokers Ord Minnett said. Demand will really recover in the second half
      Reuter  -  253 words
    • Article
      Tin up 3 sen on good demand, weaker ringgit
      816 28 REPORTS THE PRICE of tin rose three sen to close at M$ 14.20 per kg on the Kuala Lumpur Tin Market on some shortcoverings yesterday. Dealers said demand was good due to the weaker ringgit and the steady trend on the
      816 words
  • Article
    PRICES
    1357 28 Rubber Mar 26 WIWIiMw) S cents/kg Noon Close Int 1 RSS Prompt 140.25/141 25N 139.25/140 25N Int 1 RSS Apr 92 I40.2VI40.75 139.25/139.75 Int I RSS Mav 141 50/142 00 140 50/141 00 Int 2 RSS OP 138.50/139.SON I38.00/I3900N Int 3 RSS OP 138.00/139.00N I37.50/I38.50N Int 4 RSS OP
    1,357 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1434 28 ToM fr—No 737 0043 Fax No: 734 36Q6 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OE YDYO SHIPPING (SINGAPORE) PTE. LTD. (IN MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of YUYO SHIPPING (SINGAPORE) PTE. LTD. duly convened and held at 63 Robinson Road
      1,434 words
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      Page 28 Advertisements Column 2
      6 28 Innovation Technology in BT every Tuesday
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1231 29 City Fight ETA Flight HO City FlgH ETA mgfct ETO Ak* Dkaki GA890 2205 IrtimiMwi C»91 0240 AdalaMa QF81 2010 QF82 2H5 KaracM SQ418 1245 An— RJ182 1440 RJ183 2320 IUt« Ktnahato MH631 1520 MH630 0950 AmtordM KL837 1340 SQ24 0115 Km*U Lumour MH640 0805 MH602
    1,231 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Celebrating a fiery fiesta
      639 29  -  POSTCARD FROM VALENCIA By Robert Hart THE city of Valencia, Mediterranean port and orangegrowing capital of Spain, has once again cleansed itself in its annual orgy of fire, explosions, flowers and political satire. At 1 am on the night of the feast of St Joseph last
      639 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2613 1.278S Canadian dollar 1.3795 1.4075 NZ dollar 0.9008 0.9281 Sterling pound 2.8548 2.8935 US dollar 1.6520 1.6600 Local dollars to 100 anits of foreign currency Austrian schilling 14.08
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      75 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td April 26- International Utrecht, Koninklijke ********** Apr 29- 6th International Palenpo, Salon Intl 021/*****9 30 Food Exhibition Netherlands Nederlandse yj 3 Fair for Books Geneva du livre et (Fax) Jaarbeurs and Press d* 12 P 1 5
      75 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      38 29 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. We knew Europe from aUrt to Finnish
      38 words
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      Page 29 Advertisements Column 2
      10 29 ATTRACT POTENTIAL CANDIDATES with u Md In the APPOINTMENTS' COLUMNS
      10 words
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      Page 29 Advertisements Column 3
      58 29 THE Big Walk. Remember the date: Sunday, I M and you could win BK a Subaru Justy car, IU Epson computers, I Sony colour TV, At Walkman, TissotW& h H H mm H WatChoS,^^H||| 111 Mil# andlots i ■■■MM mm more prices. Iflff U I mk Details HLil The New
      58 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      234 29 1 Break ranks to have an ar- ■M H H 5 Be critical, even when in j—^^ only temporary ill health ***** 1 9 Organised cartel with one heartening performance (7) 11 I I I I I Order in Scandina--23 Lower price to import duvet filling (5,4) 7 i etters
      234 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      164 29 Singapore Outlook: Showers o«cr a few areas in the afternoon. Report Maximum temperature 34.5 Assoc humidity 61% Minimum temperature 23.4 Assoc humidity 92% Hours of sunshine 9.00 Rainfall in mm Nil Rainfall this month 32.5 Rainy days this month 5 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 18/13 Ckxidy Bangkok 36/27
      164 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      50 29 ihi.U'jMfißJdßJM Nchj do do you?) (OveR Bi<e ...J Scene TVie Head Opf,c« x oF Mm. Co*'"* Qjoriw Cotnp«rw «f>. QS', 5i.,..) N (fectcaqes <V Popolaci) 'tS. #J! ~N\R CjOU-iWS... SPOEpy &ON2ALCS HeßellW jfc—( WPWTS TO QJ IT TH£ COfnPBMy &eoome Pk QUYtWG C I C QCIATEO HEVWAPER* tTO-IM2-IM2 Bfe4g P*dU«-
      50 words
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  • Article
    Lock icon Dutch ministers regret rejection of aid by Jakarta
    480 30 Indon move takes The Hague by surprise AFP THE HAGUE The Dutch government has decribed as "regrettable" Indonesia's decision to reject future Dutch development aid. Foreign Minister Hans van den Broek said. The minister was briefing journalists on a letter that was
    AFP  -  480 words
  • Article
    Lock icon Taiwan's president backs direct presidential polls
    394 30 Reuter TAIPEI Taiwan's President Lee Teng-hui has thrown his support behind demands for direct presidential elections but delayed a decision until 1995 to avoid widening a rift in his party over the reform. "The fact that many people advocate direct presidential elections cannot be
    Reuter  -  394 words
  • Article, Illustration
    Lock icon Li Peng's days numbered, say analysts
    617 30 He will face more pressure when China's top leaders meet next week AFP BEIJING Li Peng's days as premier could be numbered as new voices follow the lead of paramount leader Deng Xiaoping in denouncing "the leftist danger", analysts and diplomats said. Mr Li,
    AFP  -  617 words
  • Article
    Lock icon Malaysia to strengthen air force, trim army personnel
    494 30 Reuter KUALA LUMPUR Malaysia may buy Russian MiG-29 fighter jets to boost its air force while trimming army personnel, Defence Minister Najib Razak said yesterday. "We have not been spending over the last 20 years. Only 2 to 3 per cent of
    Reuter  -  494 words
  • Article
    Lock icon Malaysia to finalise palm oil credit for China
    175 30 AFP KUALA LUMPUR Malaysia has said it will finalise by April an arrangement for a US$lOO million (Ssl66 million) credit facility for China to buy an annual 300,000 tonnes of Malaysian palm oil. Primary Industries Minister Lim Keng Yaik told reporters yesterday
    AFP  -  175 words
  • Article
    Russia changing trade policies to boost economy
    260 30  -  Republic keen to boost exports to Asia From John Helmer in MOSCOW RUSSIA wants to reshape its foreign trade policies so they act as a catalyst for economic reform at home. And it is especially keen to boost exports to Asia. Russian officials
    260 words
  • Article
    Lock icon UN peacekeepers helpless as Cambodian fighting rages on
    403 30 Reuter PHUM SEREI, Cambodia Fighting between the Khmer Rouge and government forces is so intense in central Cambodia that thousands of people have fled, food distribution has stopped and United Nations peacekeepers have asked to be armed. A truce signed at the
    Reuter  -  403 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      58 30 Nikon The World's Finest Photographic System COWESSATONS I RAFFLES wanted to die." That's how Steven Chan felt during the CAD probe into his management of Electro Magnetic (S), the award-winning company he built up and then lost. He talks to BT about his past despair and his present hopes. In
      58 words
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      Page 30 Advertisements Column 2
      8 30 The Inspector-General won't be coming anymore, Pg 11
      8 words
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      Page 30 Advertisements Column 3
      186 30 Nikon The World's Finest Photographic System Shanghai's ambitious plans run into obstacles, Pg 9 Enter the fifth Asian dragon, pg 11 ASIAN STOCK MARKETS Computerised databases designed for optimised indepth research Access to a high speed structured database gives undertake direct data sourcing and research. Our the Fund Manager and
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  • Shipping Times
    • Article
      PSA plans to automate some operations at Brani
      354 31  -  SingaPort '92 By Rahita Elias SINGAPORE THE Port of Singapore Authority (PSA) is planning to further boost efficiency at the Brani Terminal by automating various operations at the new gateway. Leong Kum Hoong, PSA's project director (third terminal), told delegates at yesterday's
      354 words
    • Article
      Singapore, Seattle ports set up electronic data link
      379 31  -  By Rahita Elias SINGAPORE Port users in Singapore and Seattle can now have quick and direct access to cargo information from the two gateways. The flow of data is possible following the establishment of an electronic data link between Singapore and Seattle
      379 words
    • Article
      Lock icon Survivors of ship blaze to sue Lloyd's
      207 31 Reuter OSLO Survivors and relatives of the 158 people who died in the blaze on the Scandinavian Star Ferry in 1990 say they will sue Lloyd's Register of Shipping which, they say, last checked the vessel's safety. "So far 150 have said they
      Reuter  -  207 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1209 31 Page Col 4 ABC Containerline 12 I Accord Group 8 1-3 Ahrenkiel Liner 16 4 t Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 < APL 5 3-5 A.P.C. Lines 13 5 A cWarehousing 15 5 Arrow Int 9 2 <
      1,209 words
    • Article
      Majestic buys York Trailer's S'pore, Aussie units for $3m
      371 31  -  By Dexter Lee SINGAPORE Majestic Manufacturing Pte Ltd (Majestic) has acquired the Singapore and Australian subsidiaries of UK-based York Trailer Holdings pic (York) for about Ss3 million. York, formed in the late *****, is one of the largest commercial vehicle trailer
      371 words
    • Article, Illustration
      Sembawang Maritime buys $1.9m tug
      218 31  -  By Juliette Walker SINGAPORE Sembawang Maritime Limited (SML) has acquired a $1.9 million harbour tugboat as part of a programme to improve its service quality to customers in Singapore's southern waters. The new tug, the Sea Beagle, represents the first of five tugs the company
      218 words
    • NEWS SUMMARY
      • Article
        Rushing into the big league
        64 31 THE International Container Terminal Services, Inc's expansion drive is being backed by Sea-Land Services, the US transport giant which started the containerisation wave in 1955. Sea-Land, through its Hongkong subsidiary, Sea Land Orient Ltd, owns 7.2 per cent shares in ICTSI. The partnership has enabled
        64 words
      • Article
        EC may liberalise air travel
        46 31 UNDER a plan to liberalise air travel being debated by EC transport ministers, airlines throughout the community would be able to offer limited service within another country beginning next January. The concept is known in the industry as cabotage Back Page
        46 words
      • Article
        Travel guide on compact disc
        50 31 ABC International has taken an innovative step to provide corporate travellers with air schedule and travel data on compact disc. The monthly guide will also offer destination information for major airports in 180 countries including airport facilities, ground transport, visa and vaccination requirements Back Page
        50 words
      • Article
        Japan to sell more cars in Argentina
        39 31 JAPAN is allowed to sell 12,914 cars and trucks in Argentina this year, or 70 per cent of the total quota of 16,000 vehicles to be imported into the country. Back Page
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    • LOG BOOK
      • Article
        Safety broadcasts from Singaporeradio
        98 32 SINGAPORE Singaporeradio (9VG) will begin safety broadcasts, which can only be received on Navtex receivers, by radio telex from April 1. Navtex is a dedicated maritime radio telex service for the reception of navigational warnings, meteorological forecasts and other important notices for the safety of navigation
        98 words
      • Article
        THAI shares oversubscribed
        175 32 BANGKOK Thai investors have already oversubscribed the public offer of 40 million shares in Thai Airways International Ltd by 5.5 million shares, brokers said. The Thai Investment and Securities Co (TISCO), which is handling the applications, has received subscriptions for 45.5 million shares so far, a TISCO
        175 words
      • Article
        Aerospatiale posts profits
        145 32 PARIS Brisk Airbus sales boosted Aerospatiale's profits to 213 million francs (Ss62 million) last year against a loss of nearly twice as much the previous year, the company said on Wednesday. Turnover rose 16 per cent to 48.6 billion francs in the first consolidated accounts Aerospatiale has
        145 words
      • Article
        US freighter sails for repairs
        45 32 LONDON The US flag freighter Galveston Bay grounded and then refloated last week at Freetown, Sierra Leone sailed yesterday for Dakar, Senegal, for repairs, Lloyd's Shipping Intelligence Service said. The 14,897 dwt vessel has two holes and minor propeller damage.
        45 words
      • Article
        Bulker, oil platform damaged
        99 32 LONDON The Greek bulker Grace L has anchored at Port Aransas, Texas, after a collision with an oil platform in which the vessel was holed and the platform left partially submerged, Lloyd's Shipping Intelligence reported. The 27,306-dwt Grace L hit the platform, off Corpus Christi, on
        99 words
    • Article, Illustration
      Rushing to be in the big league
      1292 32  -  In the second part of Manila's container terminal article, A 1 O Labita reporting from Manila feels that ICTSI's competitiveness will largely hinge on how fast it can move cargoes fast Al O Labita THE International Container Terminal Services, Inc has reckoned it
      1,292 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      568 32 CatMl Carbon Mm 29 Dtnsity Water Residue Ash Uumnum Sedmnt P—*T SZ KG/M*3 f V/Vf M/M M/M PPM method KG/M*3 V/V M/M M/M PPM method BO/Cimac bnts Spec E25 991 1.0 15.0 0.10 30' 0 10* Spec G35 991 1.0 18 0 0.15 30 010* f»t«ni
      568 words
    • Article
      THE SHIPPING GUIDE
      11881 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,881 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        514 47 »*j» 0«Nr>w VwmI Voy Wo Birth Arrhd Pjgjw Marina Terminal 1 Nha Rong 2/92 P03 2 7 03/0700 2803/0600 Batam Baru B136 M04 alor«side 27 03/2300 Oceania Exp 71 P07 26 03/1530 27 03/2300 Beta 130/92 M01 alongside 2703/1000 Olympia 964 P03 2 7 03/0800 2703/2300 Brastag
        514 words
      • Article
        IN MALAYSIAN PORTS
        240 47 a tf ,-f JOWOcw rwi Berth: 1: Bunga Mas; 2: Juta Jaya. Pernas Proton; 3; Nogogmi; 4; Tanta; 5: Spring Hawk; 6: nil. 01 jetty: Ussuriysk. DCJ: Nor gas Runner. Due on Mar 26: Lady Pauline, Zaman Bam Dua, Kin Hai Yue, Equator Jewel Dm' on M*
        240 words
      • Article
        CONTAINER SCHEDULE
        1387 47 RECEIVING OF EXPORT FCl CONTAINERS AND LCI CARGO Rocord Bootoi/Bitanct 1Mb SNp Voy No Etb/Btr Period From To From ACX Dwsy 246 28/0600 1 26/1500 26/1659 26/1900 2 26/1700 27/0659 27/0900 3 27/0700 27/1159 27/1400 Ma Bhum 136S 28/2300 3 27/0700 27/1159 27/1400 4 27/1200 27/1459 27/1700 Al
        1,387 words
    • Article
      TRANSPORT DIARY
      990 48 Sept 15-16: Asia-Pacific Digital Cellular Mobile Communications, organised by IBC Technical Services Limited at The Mandarin Singapore. For further details please contact IBC Technical Services at tel: 071-637-4383 or fax: 071-631-3214. Oct 13-16: Seatrade Asia-Pacif-ic. Cruise Convention, organised by Seatrade. The event will take place at The Westin
      990 words
    • Article
      DAILY FREIGHTS
      772 48 THE DRY cargo charter market remained broadly stable, but with freight rates for larger ships still under pressure, brokers said on Wednesday. Confirmation emerged a 117,949 tonne 1972-built capesize was fixed for three to five months trading at an extremely low rate of U557,500 da after talk of
      772 words
    • Article, Illustration
      Lock icon EC likely to liberalise air travel throughout Europe
      748 50 NYT BRUSSELS "Now boarding is British Airways Flight 999 To Marseille," comes the announcement at Charles de Gaulle airport near Paris. "All passengers please proceed to Gate 10." Marseille? On British Airways from Paris? Surely the announcer made a mistake, because only
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      Lock icon Difficult to tell if ice has formed on wings, say US pilots
      428 50 NYT NEW YORK The rules s on when airline pilots can take off in snowstorms are < very clear —at least on the i surface. I Federal aviation officials j say pilots cannot take off if the plane
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      ABC International puts air travel data on compact discs
      315 50  -  BY Juliette Walker SINGAPORE UK-based ABC International has taken an innovative step to provide corporate travellers with air schedule and travel data on compact disc as well as in its traditional telephone bookstyle format. Like its predecessor, the corporate edition of
      315 words
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      Lock icon Japan to sell 70pc of imported cars in Argentina
      209 50 AFP BUENOS AIRES Japan will be permitted to sell 12,914 cars and trucks in Argentina this year, or 70 per cent of the total quota of 16,000 vehicles to be imported into the country, officials said on Wednesday. Nine Japanese manufacturers
      AFP  -  209 words
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      Lock icon Commuters vote to restrict traffic in Amsterdam
      331 50 AP AMSTERDAM Voters on Wednesday recommended imposing drastic limits on traffic to halt the 20th century onslaught on their fragile, crowded 17th century canal city. The non-binding referendum highlighted the growing tensions between low to mid-dle-income neighbourhood groups and the prosperous business community
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      Lock icon US to post inspectors at London airports to stop illegal immigrants
      270 50 AP WASHINGTON American passport inspectors will be posted at London airports to screen non-US citizens hoping to enter the US, the head of the US Immigration and Naturalisation Service told Congress on Wednesday. New York's John F Kennedy International
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      Page 31 Advertisements Column 1
      28 31 Lints MnrtcM r«pr«MHt*d by Mi»>»n af Km Ragfstry af AccrwIitMl Stripping Amrts, Singapore National SNd- Umiir ping uMcuwn. >snapa7 xiw»y For advertising enquiries, contact Shipping Times Tel 740-2089/740-2090.
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      316 31 the FAMOUS imk/wum ■BEfflnil 224 1833 I For more information please refer to Pg. 13 Container Schedule I—* 17 Darfy Fronts 18 Inda 1 Shaping 10.11 Shps in Port 17" Singapore Tries 17 Transport Diary 18 Veritas Report 2 Weather and Sea Condi tens 17 Here's the International Maritime Show
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      93 32 It could be a controversial deal between two stock 17 market stars, a thought-provoking report by J 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 feature section of
      93 words
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      2399 33 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES «|l|f» TEL: *****11 FAX: *****09 AIVIJr BOOKINGS TEL: *****34 *****58 ■■iliw TERMINAL/CFS TEL: *****18 220 PBOoA9n PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. J PORT KELANG TEL: *****18 FAX: *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Quality bervice ipoh
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      1382 33 Read Chartpoint, a guide to investing in the Stock Market. Every Saturday in Business Times I XjFV 1 UNHID ARAB SHIPPING CO (SAO) I VtMgL/VOY MM HYC BAL QWf |«A» I I H MTTTM n* Wi i/i V> M M I I mmm n« M u/s u« u/» im I
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      Page 33 Advertisements Column 3
      1438 33 ■UIiViHiHHWI-i NEXT SAILING TO MIDDLE EAST OCEAN BLESSING V.115W ETA SIN 26/3/92 VwM Voy ETA ETD Feeder by DESTINATIONS World Lynn/ AOM ThM «Mk MMte Maw«< 9204 I|m2!]IBDD^BS^SDH!ECIDSH[SSKBEOEZ^^^^9HI si/3 oaoo hrs Port ■■■■I CFS 30/3 2354 HRS Kalang Panang OAK LQB HOU MEM ATL MIA CHS SAL PHL NYC MON
      1,438 words
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      1432 34 R'DAM/ VOY NO S PORE JEDOAH S'HAMTON H'BURG ANT LE HARVE FRANKFURT EXPRESS 61/312 28/3 15/4 17/4 20/4 21/4 KASUGA I 20/113 2/4 11/4 25/4 21/4 20/4 DRESDEN EXPRESS 04/313 5/4 22/4 24/4 27/4 28/4 DANUBE 01/114 9/4 18/4 2/5 28/4 27/4 A ftNANG LUOWIGSHAFEN EXPRESS 01/314 12/4 29/4 1/5
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      Page 34 Advertisements Column 2
      606 34 lEAIPAC SERVICE CONTAINERS V BWEAKBULK DUECT SOUTH PACE IC SERVICE SIN NOU suv PPT PALEMBANG 3301 EB In Pt 7/4 10/4 14/4 A vSL IS/4 27/4 29/4 4/5 Transit Tim* 1(13) (16) (22) ALSO ACCEPTOR CARGO VIA SUVA TO LAUIOKA, PAGO PAGO. APIA. NUKUALOFA. P. V*A FASTEST SERVICE TO CHUE/PKU
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      Page 34 Advertisements Column 3
      1505 34 ins BMB REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SM ALG BCL HAM BRE ROT ANT FB. LNA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SUSAN 9204-3 30/03 17/04 19/04 23/04 25/04 26/04 27/04 27/04 21/04 NORASIA SHARJAH 9205-3 06/04 24/04 26/04 29/04 30/04 01/05 02/05 03/045 04/05
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      Page 35 Advertisements Column 1
      1783 35 n STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa#: *****17 ACCEPTS DW SAAS cargo spore B kok STRAITS HOPE Vo4t Mu»a. Sfcm. Taw 30 31 Mai 01 Apt 03 Apr ESTEBRUGGE V 04N 01-02 APR 05-06 APR STRAITS VENTURE VOCE Muaca lab.
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      Page 35 Advertisements Column 2
      2206 35 SINGAPORE AGENT: P4 Containers (Singapore Agencies) Pte Ltd X iXV/ 9 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 C n Number: **********0Z EXPORT IMPORT VESSEL VOY *PNQ MN ALO SOU ANT NOT HAM MO VESSEL
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      534 36 Cfl NBR **********0-0 EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE vsi/voy s pore mm/Mm hburg Bremen Antwerp SMMMYA 34W8 15/4 18/5 23/5 27/5 30/5 KUTAI/25W8 25/5 24/6 28/6 2/7 7/7 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO SufejNt to Inducement. Also accepting cargo to CoMbtanca, Port Said, Port Alexandria, Genoa, Trieete.
      534 words
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      Page 36 Advertisements Column 2
      1428 36 HANJIN SHIPPING FOR VSL SM LME HAU. LGB OAK FOR VSL HN IIK HAUL SAV AM NYC HANKN HONGKONG 033E 28 3 DUECT 19 4 22 4 HANJIN CHEAJ 0»0I 30 3 M PROSPERITY 021E 7/5 1/5 10/5 HANJIN SINGAPORE 005E 5 4 ORECT 26 4 29 4 HANJM KWANGYANG
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      Page 36 Advertisements Column 3
      1320 36 u .TpTrraTTi^ IfRL scr NSC WC M 6 rus WI 0» NET 9V ITO IU CMS BM RTC IHV MN MM IMP W£ PSO CM PKI SCP I GUM KKI 31 J 1/4 0/4 1/4 10/4 11/4 14/4 10/4 17/4 11/4 21/4 1/5 13/5 15/5 ICS 5 27/5 21/5 29/5
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      Page 37 Advertisements Column 1
      1494 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 V UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 AUST/YNDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 NEPLINE SDN BHD MALAYSIA K.L.-(03)
      1,494 words
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      Page 37 Advertisements Column 2
      1064 37 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQWRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUHD—OBCHARfINC WESTBOUND—LOAONG TtAHSHFPED W> ROTTERPAM »rocn ww |aw
      1,064 words
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      Page 38 Advertisements Column 1
      1492 38 w V- AS AGENTS KAWASAIQ SMGAPORE (PTE) LTD ICR No: **********QM) w W TEL *****77 TELEX: KAWAKIRS23I6S FAX; *****07/B^9 I I H, MALAYSIA: "K" UNE MAIVTIME (MALAYSIA) SON BHD A M TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUT MTERNUSA TEL:
      1,492 words
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      Page 38 Advertisements Column 2
      770 38 PHIU-ORICNT LIN€S PTC LTD <4% 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: R*****0 FAX: *****76/*****38 BY AIR, LAND OR SEA.... SSU WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION iiMwrmmiw im -1 30 MAR SYDNEY. MELBOURNE. BRISBANE, FREMANTLE 29 MAR
      770 words
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      Page 38 Advertisements Column 3
      393 38 golden line A V&&V GUAM GUAN SHTPMG ESOA (PTE) LTD 1 23. T«Mi turn SktM MMK 01M TO. 5343*1 (II HO) Fk sjosm (ca Ht. mammm BHIM—iB 9VLT mna Sport P Ket»n| Peiung cam ran Catombo 'Karachi Outa. t/ll Apr GOUO HNNtr Catonta/brada/M* 1/14 May CHU WOITICE A VS. China
      393 words
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      Page 39 Advertisements Column 1
      1939 39 gggaPff PACIFIC INTERNATIONAL LINES (PTE) LTD jf mER 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO; **********06 VESSEL VOY SIN JKT SIN VOV KOTA RAKYAT ~7, I. B,H BMSAMUT (THAI FLAG) SRS2II 29/3 1/4 v« Rgl KARTAT 131 26/3 31/3 5/4 BUNGA TERATAI 133 31/3 2/4
      1,939 words
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      Page 39 Advertisements Column 2
      702 39 EacßenV F CLASS CONTAINER TRANSPORT FEEDER VESSEL PENANG P KELANG OCEAN VSL/VOY SIN SOU RTM (2) HAM fl GOT (4) ANSON/TBN 27/3 28/3 BENARTY 2122 3V3 17/4 19/4 20/4 22/4 ANSON/TBN 3/4 4/4 ALSIA 2132 7/4 24/4 26/4 27/4 29/4 ANSON/TBN 10/4 11/4 BEN A VON 2142 14/4 1/5 3/5
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      Page 39 Advertisements Column 3
      329 39 M MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loadin{ for Yangon (Rangoon) Spore P.KIf Pen P.Gdf AVA VII4W In fort 9d SM PWYA VI2IN 21/29 Ito MERGU VII3W 2/4 Apr 27/1 Apr MCM VIM 10 12 Apr MYOMA TWA VI4IW 14/16 Apr ISI THE BANK LINE (A service of
      329 words
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      Page 42 Advertisements Column 1
      2344 42 I I Conventional Semi-Container Full Container Liner Services Liner Services T*''.' 9 i fissv Bmm Sfitpjkif Mi AW Cbtt*§ CMn Mi AW f. T. MM hrtn mmmm mmubb General Agents: Seeking Agents: Genernl Agents: Seeking Agents: 2MJ+.IMH* ZltS"^ 4 Yick Fung Shipping supping mi* Avattup Agencies Costar Shipping Pte Ltd
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      Page 42 Advertisements Column 2
      328 42 SAMIOBU HDMESU (S| PTI inT" 1« MoCALLUM STREET #14-04 NATWEBT CENTRE 01M Tatnc R*****0 Tat 2224X1-1 Fax: 228 4M, Willi FOB BOOKINGS CALL OMECT UNC TEL: *****41/2222 M) SM/JAK SERVICE VESSEL VOY SIN JAK PELOPOR 1033 2&AKS (SAT) 01/04 (WED) TWAOIKA 918 02AM (THU) 04/04 (SAT) LAWANTI 964 30/03 (MOW)
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      Page 43 Advertisements Column 1
      642 43 (0, FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES LIMASSOL/PREAUS 28/3 ROTTERDAM 28/3 HAIFA/ASHDOO/ALEXANDRIA 28/3 HAMBURG/BREMEN 28/3 MARSEILLE/FRANCE 28/3 FELIXSTOWE/UK 28/3 BARCaONA/SPAIN 2873 LEHAVRE/ANTWERP 28/3 GENOA/ITALY 28/3 GOTHENBURG/SCANDINAVIA 28/3 LOS ANGELES/WC/M 29/3 SYDNEY/MELBOURNE 30/3 NEW YORK/EC 29/3 FREMANTLE 2/4 VANCOUVER 1/4 BRISBANE/ADELAIDE
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      Page 43 Advertisements Column 2
      1102 43 IM a/e3 31/ea aom bhum rn »i/m n/m mm bhum# urn tot I 20/03 I jg Ml FU FEMOHAH 03S >3/04 M/ 04 IMIITA WM B3M T— 31/03 W OVO4 boua bhum as oa/M u/m ewr ww eye 4 aka mm im 11/04 is/04 !s! •!&L -2Mmim bhum# teai s*
      1,102 words
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      Page 43 Advertisements Column 3
      257 43 '•mm& ihbhk VSL VOY m&fam WON* —oa»omm Km m *M raa mmtt nm 2*34/43 «M 7 m U-WM neat it« im ii-m/w vmm »-i«/w TKO SIMM* lie M-tt/W (HI Via IMH 4M7/M 12-14/ M 24-21/ M CUOMO «M«/M ~VML VOY mSSSSSSuaiiiSmmSa^ KSXL *0T M CM. M LMOT9 411 h Ft
      257 words
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      Page 44 Advertisements Column 1
      1466 44 j MAC-NELS S'PORE *****11 I IPENANG: (04) *****6 SIBU. (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 PfN >} SIN Colombo 2/4 3/4 4/4 28/3 29/3 30/3 Ldn/Rx/Rdm/Ant Durban/Pt Louis 28/3 29/3 30/3 29/3 30/3 31/3 (Tburi/Ctoitn/S'holm/Odo 28/3
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      Page 44 Advertisements Column 2
      257 44 fjß* BLUE STAR LIME TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NK ML LH SIN PREMU ITS »/3 7/4 VU NPI 9/4 2C/4 MUUKXA 27S 20/4 VM NPI 22/4 S/S A US! STM OSII 21/4 J/5 VU NPI S/S 21/S FULLY CONTAINERISED
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      Page 44 Advertisements Column 3
      1073 44 I THONG SOOH LIMES PTE. LTD. 1 77 ROBINSON ROAO #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO l ronvwnowAi I ffPfTTrtlHm MiW SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL TVOT [ETA JICST KSttL ItT
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      Page 45 Advertisements Column 1
      848 45 FaBMPPKUHI Wncv COMPANIA PERUANA de vapores "PERUVIAN STATE LINE" ACCEPTMG BREAKBULK/FCI/SOC CARGOES TO/FROM CALLAO, MATARANi, 10* I OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL Of LADING. "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBULK SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA. MOJI, TOKYO*. MAMLA*. DAVAO*. Penang*
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      Page 45 Advertisements Column 2
      497 45 CZ3Z I MISS)] N.AMERICA/CARRIBEAN SERVICES VESSEL Ivot Ism Ima—*» Tver IIAX kST Isav hrc |w» m WfcQA 101E M/ 3 M CALfOMM 52t 2/5 11/5 IS/S 17/5 His flu ram jil. m cALifoww sa m u/jl iszi_ iz/4_ n/i AM fOUTQ ZJLllZl_aLimiflfi_M_llZs_ZlZs_S^2ZZs_azs_ m OSAKA in lu/< law BEm list 119/5
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      Page 45 Advertisements Column 3
      575 45 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAWMAN SHARJAM DOHA MUSCAT. BAHRAIN ABU DHABI BANDAR ABBAS lEOOAH FAR EAST ACCEPTING FCL/LCL PENANG. P/KELANC lAKARTA. BANGKOK HONG KONG TAIWAN JAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONOON FELIXSTOWE LEEDS TILBURY ABERDEEN LE HARVE HAMBURG ROTTERDAM ANTWEP. GOTHENBURG COPENHAGEN ALL OTHER
      575 words
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      Page 45 Advertisements Column 4
      519 45 ImyiMl asean/china services VlSStl SGP P* PNC P. GUDANG KIN FOR P GU 10/04 DALIAN QMGOAO Q SHAN 22/04 HUAHGPU/SHANGHAI MAORAS/COLOMBO/BOMBAYiCARACHI SERVICES SGP PR PNG YANGOON KTN FOR TH SHAN 2S/03 MAOOAS CCXOMBO 1 YANG 10/04 MAORAS COLOMBO SIMGAPORMKADRAS/SIN6APORE FCIACL SERVICES SGP MOS TBN 19 70/03 25-27/03 TBN 73 24/03
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      Page 45 Advertisements Column 5
      479 45 SIN FAI EAST 29/3 KEELUNG/KAOHSIUNG 04/4 BANGKOK 03/4 MANILA/CEBU 29/3 JAKARTA/BELAWAN/SURABAYA 30/3 PORT KELANG/PENANG/E. Malaysia 30/3 BUSAN 29/3 TOKYO/YOKO/KOBE/NGO/OSA 05/4 HONG KONG SIN CHINA 05/4 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SiN EUROPE/UK 05/4 LDN/FLX/LVP/SOU 05/4 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 04/4 LOS
      479 words
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      Page 46 Advertisements Column 1
      820 46 gsn FIL CONTAINER SERVICES PTE LTD tli- MADRAS CALCUTTA V3L SIM/MADRAS VBL 81N/CALCUTTA SIN MAA JM SM CM. SM NHT AVAHABIE In Port W-31/03 05-M/M WXT AWAH.ABIE 25 K/03 02-04/04 11 12/04 29 30/03 05 07/04 13-14/04 31-01/04 07-11/04 17-11/04 31 01/04 07-OS/04 15 16/04 05 0«/04 12-15/04 21-22/04 JAKARTA
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      Page 46 Advertisements Column 2
      404 46 I Eonterm! CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— AUCKLAND 29TH MARCH BANGKOK 29 March FREMANTLE 02 April EUROPE 28 March GOTHENBURG 05 April PENANG 30 March PORT KELANG 30 March JAKARTA 31 March MELBOURNE 30 March SYDNEY 30 March 235 0633 (KATHLEEN/ NICHOLAS/ MARILYN)
      404 words
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      Page 46 Advertisements Column 3
      496 46 BNext Week's Sailings Singapore To. Singapore Port Kelang 03.04.92 Los Angeles 05.04.92 (On forwarding To Mid West/ Port Louis 06.04.92 Easl Coast of USA) fk Singapore Tel: *****22 OfJA Fax: 779 2738 Esther Yap M&k JfSr Johore Tel: 07-*****8 Wjgj Fax: 07-*****3 Alfred Ng 7&4A£STZ/A//C I INCHCAPE SHIPPING SERVICES (S)
      496 words
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      Page 46 Advertisements Column 4
      418 46 MANILA ETA VIGOUR PACIFIC 59N8 28/3 VIGOUR SINGAPORE Z3NB 4/4 BANGKOK 30/3 6/4 BUSAN 30/3 6 4 HONGKONG 30/3 6/4 DURBAN PT LOUS 27/3 6/4 KEELUNG 30/3 6/4 USA. 30/3 6,4 PT KELANG 27/3 31/3 KOBE 25/3 2/4 PIRAEUS 30/3 6/4 OSAKA 25/3 2/4 JAKARTA 27/3 31/3 DUBAI 27/3 4/4
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      261 47 "vCZ>C vOc vO c Oc vOc vO c vO c I U VAN OMMEREN CETECO GROUP U > TRANSPORT DIVISION > U VOTAINER CONSOLIDATION SERVICES: n THE ONLY CONSOUDATQftWTHWOfiLDWIDE NETWORK f] V J Weekly FCIACL Services Y > USA EURbPE FAR EAST > Baßlmcre: Votainer Consolidation Services |ggHamburg: Van Ommeren
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      Page 47 Advertisements Column 2
      79 47 L IMMCQ E M BATESn Loading SIN DESTINATION NAM VOVSW APR-10 APR DUBAI TIN 20 APR-23 APR DUBAI YUSR VOY 1W 10 MAY-1S MAY DUBAI Other Persian GUI Ports Subject to Inducement S'pare: Seacrou Shipping A Chartering Pte Lid Tel: *****51 Fax: *****70 Tlx: ***** SECROS DaW: Galaxy Shipping Agency
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      Page 47 Advertisements Column 3
      108 47 Antwerp 4/4 Fremanrie 2/4 Bangkok 29/3 Bremen 4/4 Sydney 2/4 I Busan 30/3 Hamburg 4/4 I Melbourne 2/4 Hong Kong 30/3 LeHarve 4/4 Kaonsiung 29/3 Felixstowe 4/4 Keelung 30/3 Rotterdam 4/4 rr —i —L Jakarta 31/3 1 ris 6 S _j Chittagong 29/3 I Lax Nyc 29/31 Colombo 30/3 I
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      437 47 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0100 0)***************M1400 ISM 1C**********1900 2000 *****200 2301 JR 16 19 22 2.4 25 24 22 20 L 7 1.5 13 1.1 10 10 LI 12 1.3 1.4 1.5 1.5 1.5 1.5 1.5 1.5 PP 16 19
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      Page 48 Advertisements Column 1
      348 48 I FL SHIPPING PTE LTD I yicß i WEEKLY LCL CONSOLIDATION 1 OAMMAM. KUWAIT. BAHRAIN, MINA QABOOS, SHARJAH Mm9Lft Mil* ABU DHABI, BANDAR ABBAS, RIYADH JEDOAH PIREAUS, LIMASSOL, BEIRUT, OUZAI, LEBANON, VALLETTA c yWllWffllwrf f ALEXANDRIA, PORT SAID, PORT SUEZ N OTHER DESTN. eiumt/itf ran**• port louis, Durban, Johannesburg, lagos,
      348 words
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      Page 48 Advertisements Column 2
      424 48 i. cosco UKC COW YEW TIQW AL SERVICE VESSEL PKL PNG P.O. LOADING FOR: VESSEL 28/03 Rotterdam/Antwerp CHIN* CONVENTIONAL SERVICE VESSEL PKL PNG PG. LOADING FOR: KAIHENG 10/03 15/03 Huangpu/Guangztxxj COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST Please refer above mentioned s#ni(eM
      424 words
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      Page 48 Advertisements Column 3
      279 48 Read CHARTPOINT, a guide to investing in the stock market. Every Saturday in Business Times. BEIJING CHANGCHUN CHONGQING FUZHOU GUILIN HARBIN KUMMING NANNING QUANZHOU SHEKOU SHENYANG SHENZHEN WUHAN XIAMENXIAN ZHENGZHOU CP /SHENZHIN SHIPPING Tel: 227 4788 Fax: 227 2Q83 5 1 [gss| EUROPE/S.E.fl. BREAKBULK SERVICE VESSEL GOLDEN FALCON GDANSK 21/2,
      279 words
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      Page 48 Advertisements Column 4
      83 48 FRETCENTRE BOOKING AGENT FOR: CHINA OCEAN SHIPPING CO. (COSCO) As from 30th March 1992 (Monday), our sailing schedule will appear under COSCO's schedule on Page 12 of Shipping Times. We would like to thank you for using FRETCENTRE's services and look forward to your continued support. SHIPPING FREIGHT BOOKING CENTRE
      83 words
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      Page 49 Advertisements Column 1
      1118 49 HYUNDAI II EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST fgjp wt ru WD aw iw mx wt m ibh oh s» iwt ma w «*o tch/so m MM HN 291 NMI 11/03 19/03 20/03 N. WtOMTO* 4tt 27/03 13/04 10/04 IJ/04 GOUXH GATE MM£ 01/04 17/04 10/04 WW HAJ
      1,118 words
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      Page 49 Advertisements Column 2
      543 49 SPECIALIST IN RO-RO HEAVY LIFTS I INBOUND VESSELS I nssti nt v n ik u 1 iMti ti si* ■rr I tan TUMI" 7 n u/i I m«o mm il 81 I Mill MM 1 M/l l/« 5/4 I FUtiST KIT J 1/4 I lUC UKM 22 1/4 11/4 14/4
      543 words
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      Page 49 Advertisements Column 3
      830 49 JEDDAH/UK/CONTNENT IrPOM 10 STOR KMK rMN L£H «Mm At«H* Ciq» F* FUMffMT EVKSS (1/312 28/3 14/4 14/4 15/4 21/4 KI3UU I t»/U3 2/4 11/4 25/4 21/4 25/4 SI«>M»III ;M M M OMIIMMW. MRMI mi OiMfc nCSMM EVKSS #4/313 J/4 22/4 24/4 27/4 28/4 :to tmtMto*. o*. MMiMI LUMKSHAFDI EVtESS V.ll/314
      830 words
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