The Business Times, 1 April 1992

Total Pages: 50
1 50 The Business Times
  • 16 1 Business Times MITA (P) 35/12/91 Wednesday, April 1, 1992 THE BUSINESS PAPER EOR S-E ASIA 75*
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  • NEWS SUMMARY
    • 87 1 AGANA, Guam The US will turn the western Pacific island of Guam into a major military base to help cushion the loss of Subic naval base in the Philippines. "The end of the immediate threat posed by the Soviet Union or
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    • 38 1 JOHANNESBURG President FW de Klerk's main political negotiator yesterday said a multi-party interim government could be formed "within a few months" to oversee South Africa's transition from white rule to democracy.
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    • 35 1 MORE Indonesian companies in the private sector could face debt service and cash flow problems like PT Bentoel and PT Mantrust, warns the chairman of the Gemala group, a major conglomerate. Page 2
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    • 25 1 SINGAPORE Airlines' plan to divest some 2,500 staff to new-ly-formed subsidiary SIA Engineering Pte Ltd today has hit a snag Pa«e3
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    • 21 1 SINGAPORE'S first subscription television channel, NewsVision, will go on the air tomorrow with a 24-hour news service Page 3
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    • 27 1 JAPAN'S Ministry of International Trade and Industry is stepping up its involvement in the domestic-oriented economic policies of other Asian countries Page 10
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    • 28 1 THE US has warned the Japanese government of its "serious concern" over the "stagnation" of foreign makers' share of Japan's semiconductor market Page 11
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    • 30 1 THE Canadian Supreme Court has recognised a link between pornography and sexual abuse. It is a trend which could spread throughout the common law world Page 14
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    • 35 1 PASSENGERS bound for and returning from the Riau islands will soon enjoy better terminal facilities when regional ferry operators shift their business to the Singapore Cruise Centre in May. Shipping Times, Pg I
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  • MARKETS SUMMARY
    • 31 1 Share prices were lower at midday yesterday on the London Stock Exchange. At 1100 GMT. the FTSE 100-share index was down 10.7 points, or 0.4 per cent, at 2442.2.
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    • 38 1 SHAREHOLDERS of Hong Fok Corporation, who saw their company go through a difficult year marked by vastly reduced turnover and huge foreign exchange losses, were told yesterday that 1992 would be much better Page 4
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    • 33 1 HOTEL Properties Limited (HPL) has chalked up net earnings of $7.03 million for the year ended Dec 31, 1991 more than twice the 1990 figure of $2.8 million. Page 4
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    • 29 1 TENDERS for 60 million shares in Malaysia's soon-to-bc-listed electricity firm Tenaga Nasional Bhd were successfully bid at between M 56.55 and M 57.10 Page 6
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    • 31 1 THE AGNELLI group of Italy has acquired 5 per cent of Guoco Group Ltd, a Hong-kong-listcd banking and investment concern, from the Kuwait Investment Office Page 7
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    • Article, Illustration
      29 1 Tuesday Change BT-MGA 685.77 -1.73 Kuala Lumpur —593.21 -4.48 Tokyo 19,345.95 -323.36 Hongkong 4,938.30 -39.97 Sydney 1,582.6 +9.2 Monday Change New York 3,235.24 +3.80 London 2,452.9 +5.0
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    • 30 1 London GoM AM fix USS34I.50 -USSI.25 Exchange rates USS SS 1.6590 100 Yen SS 1.2474 MS SS 0.6422 Money market rates Overnight 2 7/8 +1/4 3-month 3 5/16 unch
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    • 34 1 Rubber S'pore May l42.00 /kg +1.25 M'sia Apr 2l8.00 c /kg unch KL Tin Turnover 29 tonnes -33 Spot MS 14.41/kg +13 Crude palm oil Turnover 643 lots -844 June MS905 /tonne -3
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  • 576 1  -  London prices last week at lowest level since '86 By Shoeb Kagda SINGAPORE Falling gold prices are sending fund managers scurrying to liquidate positions they have held in the precious metal over the past year. Gold prices on the London market slumped
    Source: Knight Ridder Unicom  -  576 words
  • 299 1  -  From Catherine Ong in HONGKONG A HIGH-LEVEL international body on travel and tourism is setting up a task force to look into a mini-Gatt system for negotiations of air routes among countries. The World Travel and Tourism Council (WTTC), a
    299 words
  • 409 1  -  By William Chia SINGAPORE Unable to bear the bleeding anymore, fast-food and trading group Inno-Pacific Holdings is finally divesting its lossmaking Shakey's pizza businesses. Inno-Pac, which acquired the worldwide franchise (except in Japan) in 1989, said yesterday that it expects a "controlled divestment"
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  • 317 1 AFP. AP, Reuter, UPI TOKYO The government yesterday adopted emergency measures aimed at reviving the languishing economy, including increasing public expenditures in the first semester of the 1992 fiscal year which begins today. The plan, the first in five years, would allow Japan
    AFP.; AP,; Reuter,; UPI  -  317 words
  • 384 1 Reuter, AFP HONGKONG Shenzhen. China's most prosperous special economic zone (SEZ), is to massively expand and adopt even more liberal economic policies. Shenzhen Communist Party Secretary Li Hao told Hongkong reporters in Beijing on Monday that the central government had approved
    Reuter,; AFP  -  384 words
  • 171 1 SINGAPORE Tokyo's Nikkei Average touched its lowest level in five years yesterday as an expected discount rate cut failed to materialise. This in turn sent Singapore's Straits Times Industrials Index lower for the second day running. While the key Nikkei lost 323 points to
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  • Page 1 Advertisements
    • 228 1 Centrepoint #01-30, Tel: 737 4509 Dow Jones was not available at press-time Am-craft Schedule 29 Money Changer Rates 29 Weather 29 Commodities 28 Law Page 14 World News 11 Company News 4.6.7 Money Market 27 For market indices, editorial, Cryptic Crossword 29 Regional News 10 advertising and circulation exEditorial 12
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    • 104 1 MELWANI #01 -18 International Building im mess fashion tnm Tel: 737 5342 #02-55/56/59 Wisma Atria Tel: 235 5325 #02-10 Shaw Centre Tel: 733 4678 Guangzhou wants to set up bourse, Pg 6 Editorial, Pg 12 Will V ietnam pack an economic punch? Analysis, Pg 13 MONTICELLOi the only alphabet that
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  • PAGE 2 NEWS
    • 495 2  -  From Maggie Ford in JAKARTA MORE Indonesian companies in the private sector could face debt service and cashflow problems like those of P T Bentoel, the troubled cigarette producer, and PT Mantrust, the food conglomerate, unless Jakarta develops policies to help
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    • 427 2  -  By Schutz Lee SINGAPORE Less than two years after American Frank Khoie relocated his company from Los Angeles to Singapore, he is looking trans-Pacific again this time at Mexico. His Singapore-registered IMI Electronics has invested in a joint venture to assemble personal computers in
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    • 432 2 Move is part of govt plan to promote healthy living SINGAPORE The consumption tax could be introduced earlier than expected in a move to promote healthy living. The government is said to be thinking of levying the tax as early as next year
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    • 300 2  -  Reports by Florence Chong in SYDNEY THE Sydney City Council yesterday formally sealed an agreement with Ipoh Garden (Australia) Ltd and its subsidiary companies to develop the Capitol Theatre project. The restoration of the theatre, in Sydney's Chinatown, will cost
      300 words
    • 452 2  -  By Shoeb Kagda SINGAPORE Interest rates in Asia are likely to bottom out in the next few months in line with rates in the US as the country's economy begins to show signs of recovery, says
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    • 235 2 MINORITY shareholders of Mt Leyshon Gold Mines Ltd have vetoed a plan to merge the company with Poseidon Gold, its largest shareholder. The minority shareholders, voting by proxies, included the Government of Singapore Investment Corporation (GIC), which holds 6.4 million shares, or
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    • 462 2 Bernama KUALA LUMPUR Malaysia's property market, shrugging off early setbacks due to the Gulf War, showed a healthy and active performance in 1991, with increases both in volume of transactions and prices. The Property Market Report 1991, released by the Finance Ministry's Valuation
      Bernama  -  462 words
  • Page 2 Advertisements
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    • 8 2 Personal Finance Investment in Business Times every Saturday
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  • SINGAPORE NEWS
    • 434 3  -  Staff now to be seconded, not transferred By Dexter Lee SINGAPORE AIRLINES' plan to divest some 2,500 staff to newly-formed subsidiary' SIA Engineering Pte Ltd today has hit a snag. The national airline has told its engineering division staff that
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    • 335 3 SINGAPORE'S first subscription television channel, NcwsVision, will go on the air tomorrow with a 24-hour news service. Two other subscription channels, featuring movies (Movie Vision) and Mandarin entertainment (Variety Vision), will be available from June 1, general manager of Singapore
      335 words
    • 209 3 THE Housing and Development Board (HDB) is trying a new scheme that allows buyers to decide how many bedrooms they want in their flats. HDB chief architect Tony Tan said yesterday that the "flexi-plan" flats had fewer columns and
      209 words
    • 455 3  -  By Anna Teo SINGAPORE must mount greater efforts to garner its share of investments and markets in the keener global contest today, said Prime Minister Goh Chok Tong last night. That means a singleminded pursuit of people development, providing the range of
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    • 345 3 ELECTRONICS firm Venture Manufacturing is spending about Ss6 million to expand its production base. Managing director Wong Ngit Liong said yesterday the company had already bought land in Malaysia for M 56.3 million (Ss4 million) and planned next week to buy equipment worth between Ss2 million
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    • NEWS ROUNDUP
      • 126 3 INDIAN employees will start contributing to Sinda from today, the Central Provident Fund Board said yesterday. The CPF Board will collect the contributions on behalf of Sinda, just as it does for Majlis Ugama Islam Singapura (Muis) for the collection of donations for the Mosque
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      • 28 3 SINGAPORE and Ukraine have agreed to establish diplomatic relations as of yesterday to strengthen and develop friendly relations between them, the Ministry of Foreign Affairs announced.
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      • 67 3 UNION Bank of Switzerland yesterday signed an agreement with United Overseas Bank Group to lease five storeys of the UOB Plaza. This will make ÜBS an anchor tenant of the 66-storey building, which is due to be completed by the end of this year. Tenants
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    • 249 3 REAL estate agent Jones Lang Wootton (JLW) says the property outlook in Asia this year is positive. JLW Singapore's managing director, Edmund Tie, said yesterday the outlook could only improve as the year progressed, with the expected recovery of the Western economies
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  • Page 3 Advertisements
    • 51 3 This announcement appears as a matter of record only COMMISSURA AG has acquired all the business and assets of GOLD COIN LIMITED for S$ 115,604,000 Wardley Limited, Singapore Branch initiated this transaction, assisted in the negotiations and acted as adviser to Commissura AG w Wardley Limited member lISHC 4 January
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    • 157 3 >jt Model No. 8A3130T Legends have sought this watch. Napoleon. Wellington, too. And the crowned heads of England, France, Italy, Spain and Russia. Then, as today, those who shape destiny are quick to pursue that which seems most uncommon. That which cannot be hurried. Or imitated. Or easily obtained. So
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  • COMPANY NEWS 1
    • 423 4  -  But results are at lower end of analysts' forecasts By Lilian Ang SINGAPORE Hotel Properties Ltd (HPL) has chalked up net earnings of $7.03 million for the year ended Dec 31, 1991 more than twice 1990's $2.8 million. The improved results,
      423 words
    • 378 4  -  By Lee Han Shih SINGAPORE Shareholders of Hong Fok Corporation, who saw their company go through a difficult year marked by vastly reduced turnover and huge foreign exchange losses, were told yesterday that 1992
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    • 309 4 SINGAPORE Guthrie GTS Ltd, which just completed a successful takeover of associate L&M Group Investments Ltd, had its net earnings for 1991 pulled down by a $1.04 million loss from its L&M venture. This was part of the interim pretax loss of $5.76
      309 words
    • 371 4  -  By Rahita Elias SINGAPORE Malaysia International Shipping Corp (MISC) saw its net earnings rise nearly 10 per cent to M 5549.4 million (*****.6 million) for the year ended Dec 31, 1991. The rise in its profit after tax and minorities but before
      371 words
    • 340 4 SINGAPORE Relocation of its edible oil-manufactur-ing activities overseas, lower investment income and losses from an associate dragged down Hwa Hong Corporation Ltd's net earnings by 13 per cent last year. Bottom-line earnings slipped to $8.28 million from $9.53 million in 1990 despite a 21
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    • 299 4 SINGAPORE The 1991 results of Lim Kah Ngam Ltd (LKN) were propped up by its hotel and restaurant business which contributed to higher net earnings despite a fall in group turnover. The property development cum construction group reported a 12 per cent decline in its
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    • 223 4 SINGAPORE Gold Coin Ltd has reported a 10 per cent increase in group net earnings to $10.97 million for the year ended Dec 31, 1991 its last year as a feedmill manufacturer. The company, which has been acquired by Acma Ltd
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    • 218 4  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA'S MBf Holdings Bhd has decided to abort its plans to acquire regional financial group Asian Oceanic Holdings Ltd (AOH) due to varying valuations of the debt-ridden company. In a statement to the Kuala Lumpur
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    • 251 4 Bernama KUALA LUMPUR MBf Finance Bhd is proposing to acquire Yew Securities Sdn Bhd (YSSB), a securities firm which is now under receivership and pending winding-up proceedings, for Msl (550.64) only. In a statement yesterday, MBf Finance said the acquisition was
      Bernama  -  251 words
    • 443 6 Unexpected windfall from higher successful bids of M 56.55-$7.10 Reuter, Bernama KUALA LUMPUR Tenders for 60 million shares in Malaysia's soon-to-be-listed electricity firm Tenaga Nasional Bhd were successfully bid at between M 56.55 and M 57.10, Tenaga's advisers said. Because of the higher prices
      Reuter,; Bernama  -  443 words
    • 419 6 But other cities also making bids for third Chinese exchange Reuter, AFP HONGKONG The southern Chinese city of Guangzhou has sought permission to set up the country's third stock market, but several rivals are vying for the coveted role as paramount leader Deng Xiaoping
      Reuter,; AFP  -  419 words
    • 429 6  -  By Claire Leow SINGAPORE Contract manufacturer PCI Limited yesterday launched its initial public offer of 30 million shares at 60 cents each. The company, an associate of main board-listed Chuan Hup, will raise $18 million, almost all to be used to repay
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    • 360 6 AP SEOUL Chung Ju Yung, founder of the Hyundai group and now head of a maverick opposition party, said yesterday he will give up shareholder's rights over his huge financial assets in the conglomerate. Mr Chung said he was making good on his
      AP  -  360 words
    • 429 6 Losses sharply lowered to A548.51m Reuter ADELAIDE The Adelaide Steamship Co Ltd says most of its businesses are trading satisfactorily but it continues to be affected by high interest costs. Adsteam reported a lower net loss of A 548.51 million (5559.66 million) in the six
      Reuter  -  429 words
    • 250 6 SINGAPORE ANA Hotels Singapore Ltd, formerly Century Park Sheraton Hotel, has reported a net profit of $0.9 million in the second half of last year, after falling into the red for three consecutive half-yearly periods. But it still ended the full year with a
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    • 223 6 SINGAPORE Kuala Lumpur-listed Federal Flour Mills Bhd turned in a healthy set of results for 1991 as net earnings rose 33.2 per cent to M 574.88 million (5548.09 million) from M 556.22 million. At MS 1.99 billion, turnover was up 16.7 per
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    • 463 6 SINGAPORE Provisions Suppliers Corporation Ltd yesterday reported net group earnings of $2.32 million for the year ended Dec 31, 1991, down 4.3 per cent from $2.42 million in 1990. Turnover increased by 21.4 per cent to $102.7 million. A first and final dividend of 2.S per cent has
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    • 365 7 IHT, Reuter Hongkong The Agnelli group of Italy has acquired 5 per cent of Guoco Group Ltd, a Hongkonglisted banking and investment concern, from the Kuwait Investment Office, in a transaction that could lead to further expansion by the Agnellis in Asia, Guoco
      IHT,; Reuter  -  365 words
    • 252 7 Reuter LONDON Diversified conglomerate Pearson is targeting the Asia-Pacific region and the media sector for acquisitions, chairman Lord Blakenham said. He told a news conference after the company reported a 23 per cent fall in 1991 pretax profit to 1173.8 million (*****.6 million) that its
      Reuter  -  252 words
    • 368 7 Likely winner is whoever rescues it from bankruptcy Reuter LOS ANGELES The Silence of the Ijxmbs' sweep of the major categories at the Academy Awards may boost the revenues of Orion Pictures Corp but the ultimate beneficiary could be whatever third
      Reuter  -  368 words
    • 361 7 Reuter LONDON Debt-laden leisure and property firm Brent Walker Group pic emerged from an 18-month struggle for survival on Monday, announcing the completion of one of the biggest corporate rescues in Britain to date. Brent Walker said that all the documents in
      Reuter  -  361 words
    • COMPANY BRIEFS
      • 91 7 MANILA The Philippine government is to put a controlling stake in the National Steel Corp (NSC) on the block not later than June 15, Finance Secretary Jesus Estanislao said on Monday. The NSC is 100 per cent owned by government investment firm National Development
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      • 75 7 BANGKOK The Electricity Generating Authority of Thailand (Egat) plans to submit an application to the Stock Exchange of Thailand for listing its new wholly-owned subsidiary, Electricity Generating Co Ltd, next month, an informed source said. Egat is now in the process of selecting
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      • 93 7 TOKYO Japan's Mitsui Co Ltd said yesterday that it has signed, together with two US partners, a contract on a USS9 billion (S$ 14.76 billion) Sakhalin oil development project, ending a dispute over bidding results. Mitsui and partners McDermott International Inc and Marathon Oil Co
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      • 88 7 JAKARTA Indonesia's national flag carrier, Garuda, yesterday announced plans to acquire 48 new wide-bodied jetliners worth about US$4 billion (SS6.S6 billion) to replace its aging fleet. The company's new president, Wage Mulyono, said yesterday that it would buy 40 of the aircraft and lease
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      • 84 7 PERTH Investment group Bond Corp Holdings Ltd said Peter Lucas has resigned as a director and will step down as executive chairman from June 30. Bond Corp, operating under a scheme of arrangement with its lenders, said yesterday that Mr Lucas would continue with the
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      • 50 7 SYDNEY Renison Goldfields Consolidated Ltd has sold its 40 per cent interest in Gold Fields Philippines Corp to Canadian company Reach Ventures Inc. Gold Fields Philippines' main asset is a gold mine in Nalesbitan, in Camarines Norte Province, which was developed in late 1989 and 1990.
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  • Page 4 Advertisements
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  • Page 5 Advertisements
    • 679 5 I B 1 I I V- -r -V •»?""< To tsmo ttiG 1363.5t gnz ip i p i catered for every creature comfort. /v:;m- vv /.>. f .;.v v M.' -■•"■,v. "-v "-r< .-p ;rf ,-.'W- ;'>■ 1 --v:," H is fifty years ago to the day when Mercedes-Benz litres,
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  • Page 6 Advertisements
    • 178 6 1 April 1992^ This advertisement does not consitute an invitation to any person to subscribe for or purchase any securities in PCI Limited. PCI LIMITED (Incorporated in the Republic of Singapore) Invitation in respect of 30,000,000 New Shares of $0.25 each at $0.60 per Share payable in full on application
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  • Page 7 Advertisements
    • 117 7 lion's share for Lambs, Pg 17 I sg< does stand still for some things /or more r/w n ye*r* modern amenity ze*e /wz>e always measured progress terms technology, the o«r gwesfc I Whether we achieve our T T I fine reputation from the beautifully restored interiors contemT porary facilities or
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 84 8 TOKYO Standard and Poor's Asia Ltd said yesterday it was reviewing its credit ratings for Matsushita Electric Industrial Ltd following news of a loan scandal which led to two vice-presidents losing their jobs. The rating agency also cited the sharp decline in the company's earnings
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      • 79 8 BANGKOK Thai commercial banks were holding excess liquidity of around 40 billion baht (552.5 billion) at the end of March, according to a Bangkok Bank Research Department report received yesterday. The oversupply was blamed on business adjustments prior to the enforcement of the value added
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      • 93 8 SEOUL Bank borrowing by companies affiliated with South Korea's 30 largest business conglomerates (chaebol) rose 22.6 per cent to 25.94 trillion won (5555.5 billion) as of end-1991, from 21.15 trillion won a year earlier. A spokesman for the Office of Bank Supervision said the loans accounted
        93 words
      • 76 8 NEW YORK Ernst Young, America's second-largest accounting firm, and Jones, Day, Reavis Pogue, the sec-ond-largest law firm, agreed on Monday to pay millions of dollars to settle claims that they had helped Charles H Keating Jr defraud roughly 23,000 investors in the Lincoln Savings
        76 words
      • 89 8 LONDON Sterling lending by the major British banking groups continued to grow only modestly in the three months to end-February, the British Bankers' Association said. Lending rose by £2.06 billion (555.93 billion) after a £1.90 billion increase the previous three months, giving an annualised growth
        89 words
      • 82 8 DHAKA Bangladesh Prime Minister Khaleda Zia's Cabinet has endorsed a proposal for reorganising the collapsed Bank of Credit and Commerce International (BCCI) here, the Daily Star newspaper said yesterday. According to the proposal, the report added, all assets and liabilities of BCCI's four branches in Bangladesh
        82 words
    • 405 8 Move to boost exports, improve competitiveness Reuter MANILA The Philippine government is planning to remove all currency controls, possibly within the next three months and definitely by the end of the year, central bank governor Jose Cuisia said. "The next step hopefully
      Reuter  -  405 words
    • 380 8 Reuter MANILA The Philippines will buy back more than US$l.2 billion (SSI.9 billion) of its commercial bank debt as part of a plan to restructure debt worth US$5 billion, Philippine central bank governor Jose Cuisia said. Mr Cuisia said yesterday that the
      Reuter  -  380 words
    • 298 8  -  By Dawn Tan SINGAPORE Hongkong billionaire Li Ka-shing's flagship company Cheung Kong (Holdings) Ltd is borrowing Csso million (Ss69 million) to fund its property projects, banking sources in Hongkong said. The borrowing will be in the form of unlisted two-year floating-rate notes, they
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    • 224 8 SINGAPORE Dresdner South-east Asia Ltd (Dresea), a wholly-owned merchant banking arm of Germany's Dresdner Bank AG, said af-ter-tax profit for 1991 rose 80.5 per cent rise to $28.7 million from a year earlier. The profit growth was posted despite a reduction of
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    • 304 8 1|n| ymt COUP Amount <«*> >ZT ZZ2 ,C, MmwI) 15.5.92 N*****0H 1967 5 3/8# 500.00 15/5 15/11 137 100.55 0.90# 1.9.92 N*****1T1987 5 300.00 1/3 1/9 30 101.30# 1.86# 15.10.92 N*****1F1990 5 850.00 15/10 15/4 168 101.55 2.10# 15.11.92 N*****2X1987 5
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    • 263 8 AFP TOKYO Moody's Investors Service Inc said yesterday it had lowered its credit ratings for four Japanese banks to reflect the deteriorating quality of their assets, affecting almost US$7 billion (S$ 11.585 billion) in debt. The banks downgraded were two city banks,
      AFP  -  263 words
  • Page 8 Advertisements
    • 240 8 Win Their Gamble Rav Off? m A 1 Banking, garment manufacturing, hotels IHK I U I J jrll Singaporeans are fearlessly plunging into the Cambodian economy and taking part in its rebuilding. But they face an uneasy peace, primitive infrastructure and legal minefields. What peace I hnnnap Ifl dividend awaits
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  • Page 9 Advertisements
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  • THE REGION
    • NOTE BOOK
      • 91 10 SYDNEY The Australian economy will grow by only 2 to 2.5 per cent in the fiscal year ending June 30, 1993, the National Australia Bank Ltd said on Monday. In its March quarterly summary, the bank said a weak world economic
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      • 73 10 BANGKOK Thailand's consumption of refined oil products and indigenous natural gas increased by 6.1 per cent during the first two months of this year, the state-run Bangchak Petroleum Co reported yesterday. Recorded increases were in liquified petroleum gas (LPG), up 16.9 per cent from
        73 words
      • 52 10 JAKARTA Indonesia and Vietnam have agreed to set up a forum to seek opportunities for Indonesian investment in Vietnamese forestry, says a news despatch. The agreement was reached at talks here during the weekend between Vietnamese Forestry Minister Tran Son Thuy and the Indonesian forestry ministry's secretary-general
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      • 67 10 KUALA LUMPUR Malaysian investors should explore fully the market potential in Vietnam as the country is becoming an increasingly important trade partner with Malaysia, Deputy Minister of International Trade and Industry Chua Jui Mcng said on Monday. He said Malaysians have yet-to take full advantage
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      • 42 10 BANGKOK Top Western embassies boycotted a weekend trip organised by the Myanmar government to take foreign diplomats on a tour of Arakan state, from which some 200,000 Muslims have fled into neighbouring Bangladesh, Yangon sources said on Monday.
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    • 337 10 Nikkei Weekly TOKYO Japan's Ministry of International Trade and Industry is stepping up its involvement in the economic policies of some Asian countries in a move that could draw protest from the US for unfair market intervention. Miti plans to send an
      Nikkei Weekly; Source: Nikkei Weekly  -  337 words
    • 192 10 BANGKOK Asian countries were urged by the Organisation of Economic Cooperation and Development (OECD) to neutralise their investment privilege schemes, The Nation newspaper said earlier this week. Dr Marino Baldi, who chaired the final session of talks here between members of the
      192 words
    • 510 10 South China Morning Post HONGKONG The demise of the former Soviet Union has provided an unexpected benefit for Hongkong, propelling the territory into the Top 10 list of global trading economies. Latest world trade figures from the General
      South China Morning Post  -  510 words
    • 297 10 Bernama -IPOH Malaysia has the potential to export Mss billion (553.2 billion) worth of shrimps annually from the 118,000 hectares of land earmarked for shrimp farming. The chairman of the Bangkok-based Asian Shrimp Culture Council (ASCC), Dr Chen Shiu-Nan, described Malaysia
      Bernama  -  297 words
    • 454 10 Nikkei Weekly BANDAR SERI BEGAWAN High labour cost in the tiny but rich sultanate of Brunei is hampering its drive to attract foreign industrial investors. Since gaining independence from the UK in 1984, Brunei, has become one of the region's richest
      Nikkei Weekly; Source: Nikkei Weekly  -  454 words
  • Page 10 Advertisements
    • 252 10 r If you sense that the I of business is rapidly changing intensely I If you realise that the real g is unfolding where most businesspeople can't see it... If you are ready now to act on the needs of a demanding workforce, a dynamic marketplace, and a WORLD at
      252 words
    • 154 10 GROWTH TRIANGLE A special Business Times Survey April IS, 1992 It has been two years since the concept of a growth triangle linking Singapore, Johor and Batam was mooted. How far has development grown under the Growth Triangle? Will changing global economic and geopolitical trends affect the success of the
      154 words

  • THE WORLD
    • 377 11 Americans sound warning over slow progress on market access issue FT, NYT TOKYO The US has warned the Japanese government of its "serious concern" Over the "stagnation" of foreign makers' share of Japan's semiconductor market and has advised Japanese companies to increase
      FT,; NYT  -  377 words
    • 497 11 President seems to have been caught off guard by move Reuter BRASILIA Brazil's entire Cabinet, plagued by press accusations of corruption, unexpectedly offered to resign on Monday and initial reports said President Fernando Collor de Mello had accepted at least half the departures. Brazil has seen
      Reuter  -  497 words
    • 532 11 NYT WASHINGTON The Bush administration is under growing pressure from American business leaders and foreign allies to modify its embargo against Vietnam. In response, officials say, the US government may be preparing to move to a new phase of relations with Hanoi,
      NYT  -  532 words
    • WORLD WATCH
      • 107 11 BRUSSELS The Uruguay Round of world trade talks must be completed quickly because lack of confidence is already affecting trade, says the world's major chemical industry lobby. "Lack of confidence in international trade procedures is already adversely affecting trade. There has been no
        107 words
      • 104 11 WASHINGTON US President George Bush will announce a new aid plan for the former Soviet Union today which will include US participation in a fund to stabilise the rouble, said a US official on Monday. Some elements of the plan were still being
        104 words
      • 61 11 BEIJING Guangdong, the leader in China's reform, will become the country's first province to free grain prices completely starting today, an official newspaper reported. "Grain purchasing targets set by the state will become only guiding plans," the China Daily said yesterday, adding that the authorities
        61 words
      • 81 11 TOKYO Japan's housing starts in February dropped 7 per cent from a year earlier to 99,436 units, the 16th consecutive month decline, the Construction Ministry said yesterday. The decline compared with a drop of 16.4 per cent in January and came in spite of an
        81 words
      • 97 11 FRANKFURT Orders placed with the German machine tool industry rose by 6 per cent in real terms in February compared with the amount of orders placed during February 1991, the VDMA trade federation said yesterday. Orders from within Germany rose by 3 per cent
        97 words
      • 74 11 ISLAMABAD Pakistan's economic growth is expected to be 6.4 per cent in the year to June compared with an average 5 per cent in the previous three years, says Planning and Development Minister Hamid Nasir Chattha. He was quoted on Tuesday as saying agricultural growth
        74 words
    • 569 11 Few takers likely for country's ailing industries Reuter ALGIERS Algeria, its industry often idle and many of its workers living below the poverty line, plans to offer some of its giant state enterprises to foreign partners to try to inject life into
      Reuter  -  569 words
    • 482 11 AFP, AP, Reuter WASHINGTON More than 15 million workers will lose their jobs in the former Soviet Union this year as the new states there struggle to modernise their inefficient economies, the International Labour Organisation (ILO) said on Monday.
      AFP,; AP,; Reuter  -  482 words
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  • 468 12 EDITORIAL CHINA'S 87-year-old patriarch and paramount leader Deng Xiaoping is making one last effort to ensure that the bold economic reforms he introduced 13 years ago are not derailed by hardliners in the Communist Party. The elder statesman, who was rumoured to be in poor
    468 words
  • WHAT THE OTHERS SAY
    • 278 12 TWO WEEKS AGO, the Nikkei index fell below the dreaded 20,000 mark a technical and psychological watershed for the Tokyo stock market. What the Nikkei's fall is about is revealed in Japan's GNP miniscule quarter-on-quarter decline in the 1991 fourth quarter. The outlook for 1992 is
      278 words
    • 95 12 THE recent South Korean election saw the ruling Democratic Liberal Party suffering a grave setback. This could be attributed to several factors, one of which is political graft. The South Koreans are becoming disenchanted with the promises of Roh's administration. Time is running out for President
      95 words
    • 123 12 AT THE Fifth Session of the Seventh Chinese People's Political Consultative Conference (CPPCC) which closed last Saturday, a resolution was passed giving full support to paramount leader Deng Xiaoping. What is worth noting is that the resolution expresses not only full support for Deng, but also
      123 words
  • REGIONAL VIEWPOINTS
    • 180 12 AN ESTIMATED 630 Cambodians today head back to their homeland with the help of the United Nations at the start of a process vital to Cambodia's return to life as an independent state after 13 years of war. Material problems loom large over the repatriation operation
      180 words
    • 196 12 THE COUNTRY is badly lacking in researchers. Overall, there are 5,500 people directly involved in the nation's research work or 400 for every one million in the population. It is a woefully low figure when compared to Germany where the ratio is 3,000 for every one million people
      196 words
    • 160 12 MINISTER of Home Affairs Rudini has called on local officials not to issue permits too easily for development projects inside populated areas, especially when it would force the people already living there to move out. As for the building of golf courses and luxury housing developments projects
      160 words
  • 798 12  -  The constitutional conference in Taiwan seems so far to have underscored rather than addressed the divisions in the country, says Nicholas D Kristof Nicholas D Kristof NYT SEVERAL hundred leading citizens of Taiwan gather in a huge assembly hall each day to
    NYT  -  798 words
  • Page 12 Advertisements
    • 87 12 FOR SUCCESSFUL MANAGEMENT OF YOURBpiNESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful
      87 words
  • Page 12 Miscellaneous
    • 61 12 DOONESBURY BY GARRY TRUDEAU BASICALLY, UU&RE- TAUQNO TO IF ANHHIN6 BAPIOIIABie THIS IS tP 2UM£R, RIGHT, QiltF! OUR TEAM BUSH&MfWGN IN THZ dm* FtCCRP.THE&eOYS HCAPOF P&SONAL &nj&, X£,U£VEPLOCW tSH&tm? -OPCrCHItfTAP MULL HHPfT, JJST TH&MM V€-V ANO/HUtt, A NOV &RL S! A GFJP CNtK Md TOKStARCH IUAMWtR... C* FOUHP MUte HOfOON,
      61 words

  • ANALYSIS
    • 700 13  -  Recent actions by Myanmar have forced Asean countries to review their low-key approach. Michael Richardson reports Michael Richardson IHT AS A senior United Nations envoy prepares to visit Myanmar this week to try to halt the alleged persecution of the Muslim
      IHT  -  700 words
    • 1174 13  -  Vietnam today resembles Taiwan 30 years ago. But can it become another Asian Tiger? Hansh Mehta examines the issue Harish Mehta A JOKE doing the rounds of South-east Asian business circles is cruel. It goes like this: A World Bank official arrives at a village
      1,174 words
    • 582 13 THE Vietnamese people have been enduring the debilitating effects of a US trade embargo and a moratorium on World Bank loans, but an end to their ordeal appears to be near. There are reports that the 17-year-old US trade embargo may
      582 words
  • Page 13 Advertisements
    • 115 13 »r n ■K ScalpeLscissors._sutures._ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on Essential information accessible every business day your money. through Business Times. "T a i a su s eon
      115 words

  • THE LAW PAGE
    • 878 14  -  The Canadian Supreme Court has recognised a link between pornography and sexual abuse. David Gabriel examines the implications of this for women's rights around the world David Gabriel AB R E A K THROUGH in the Canadian courts may have implications for the legal rights
      878 words
    • 383 14 CAM CHUAN YEE REALTY PTE LTD v MALAYAN BANKING BHD High Court of the Republic of Singapore, Originating Summons No 1175 of 1991. Justice Chan Sek Keong. MALAYAN BANKING sold some property in Amber Road to Chuan Yee Realty. The contract
      383 words
    • 468 14 HUNG KA HO AND WEST PLAN INDUSTRIES PTE LTD v A-I OFFICE SYSTEM PTE LTD High Court of the Republic of Singapore, Suit No 110 of 1992. Judicial Commissioner Kan Ting Chui. THE PLAINTIFFS, Hung and West Plan Industries, claimed that
      468 words
  • Page 14 Advertisements
    • 80 14 BULL' Ifs true! Do you know that you can advertise daily in the latest state-of-the-art electronic high-tech media for as low as $1000 a month! Ifs called Shine Singapore Press Holdings' infrorich database on Teleview which incidentally is the most advanced videotext system in the world. Shine contains over 30,000
      80 words
    • 199 14 a CONFERENCE CENTRE mm 4E»» J NEW ZEALAND'S MOST MODERN CONFERENCE HOTEL The 155 room Waipuna Hotel is ideally positioned in New Zealand's business capital, Auckland, to capitalise on the two growth areas of modern travel the business visitor and the holiday maker. A high class, purpose built business and
      199 words

  • SPORTS
    • 451 15 Some favourites will have to be left out of US Davis Cup lineup AP FORT MYERS, Florida Champagne to celebrate the US Davis Cup victory over Czechoslovakia was still glistening in captain Tom Gorman's hair when he began considering his lineup for
      AP  -  451 words
    • 322 15 Reuter HILTON HEAD ISLAND, South Carolina Arantxa Sanchez Vicario says she doesn't really crave the spotlight, but when rain washed out most of the action on Monday at the U*****,000 (*****,000) Family Circle Cup, she was happy to take the opportunity to
      Reuter  -  322 words
    • 471 15 South Americans could soon upstage them, says top official Reuter BRUSSELS European riders are becoming soft and could soon be upstaged by a new generation from South America or Asia, says cycling's controversial top official. "Cycling's potential will more and more come from countries where
      Reuter  -  471 words
    • 239 15  -  Epson Super Tennis Tournament By Susan Tsang SINGAPORE The second day of the Epson Super Tennis Tournament saw plenty of excitement as world 215 Tommy Ho of the US took Jason Stoltenberg to three sets. The players both held their service in the first set.
      239 words
    • 389 15 AP BARCELONA The International Olympic Committee has asked a Catalan museum to remove a stuffed African man from display during the Summer Olympic Games to avoid controversy, a top lOC official said. Keba M'Baye of Senegal, an lOC vice-president, said that a
      AP  -  389 words
    • SIDE LINES
      • 69 15 MACEIO, Brazil Italy's Stefano Pescosolido went to hospital after pulling out of his Davis Cup match against Jaime Oncins on Monday, handing Brazil an upset world group quarter-final win. Pescosolido retired in the first game of the fourth set when he was trailing
        69 words
      • 67 15 INDIANAPOLIS Mike Tyson has refused to eat in prison, and he faces disciplinary action for giving other inmates his autograph, Indiana correctional officials said on Monday. Kevin Moore, a Department of Correction spokesman, said Tyson has taken fluids but declined to eat solid food
        67 words
      • 99 15 LONDON Briton Perry McCarthy will make his Formula One debut alongside Roberto Moreno for the Italian Andrea Moda team in next weekend's Brazilian Grand Prix after a double substitution was announced by the team on Monday. McCarthy, 29, who has spent 10 years struggling to reach
        99 words
      • 105 15 HOUSTON Suspended centre Hakeem Olajuwon said on Monday that he will return to the Houston Rockets for the rest of the season, but said he wants to be traded before the next season begins. "It's best for everybody if we all just pack and leave,"
        105 words
  • Page 15 Advertisements
    • 586 15 CKNTREPOINT I PROPERTIES LTD I ANNOUNCEMENT I OFFER FOR SALE BY OVERSEA-CHINESE BANKING CORPORATION LIMITED I OF 134.W1.000 WARRANTS ("WARRANTS") TO SUBSCRIBE FOR 134,831,000 NEW ORDINARY SHARES OF 50.50 EACH IN THE CAPITAL OF CENTREPOINT PROPERTIES LTD (THE "COMPANY") AT THE PRICE OF 5&34 CENTS FOR EACH WARRANT PAYABLE IN
      586 words

  • Page 16 Advertisements
    • 830 16 Nothing Beats A BucL where to wine, dine OF I Qo Fbr Gift Certificates Gift certificates from King's Hotel are in handy $50 and $100 denominations. Ideal for all occasions, they can be used for rooms and at all F&B outlets. Corporate purchases of $500 or more entitles you to
      830 words
    • 316 16 1 'sift our fyantsb fore Carumba! All the best dishes of Spain are right here at Top of the M. Each guaranteed to make your day an ole day! A la carte Spanish Buffet Lwn<h Continental dinner Inn April 1-30 nightly from q/mc Noon 2-30 pm 630pm to 1030pm /K
      316 words
  • Page 16 Miscellaneous
    • 390 16 TELEVISION AND RADIO ■NH MMMMM MMI MMMMM M WWW .«»<• M OTM eo/%l* The State Police take Jesse 7.25 CNN (Cont'd). BUSINESS ON RADIO Hr<l J J away but Jesse kills a police- 7.30 Video Power (Cartoon). BUslNfcy>«!f **$*6 IJIO Odd COUDIC 6.55 ph STSL SSESSL A A V/V/ Vt|/
      390 words

  • LIFESTYLE
    • 928 17 64th annual Academy Awards presentation NYT THE Silence of the Lambs swept the top categories at the 64th annual Academy Awards ceremony on Monday night (yesterday morning Singapore time), winning prizes for its director, stars and writer and receiving the ultimate award as Best Film
      NYT  -  928 words
    • 768 17  -  The Oscar ceremony is the show of the year to catch top-calibre actors and actresses at their best. Jaime Ee reviews the performances displayed on the night the stars came out to play Jaime Ee SO. IN the aftermath of the Oscar awards, come the milliondollar questions.
      768 words
    • 518 17 CHATTIRBOt WHILE most movie-goers were riveted this week by the Academy Awards, one group of fdm devotees was more concerned with picking the worst movies and performers of the year: the 365 voting members of the Golden Raspberry Foundation, which announced its choices on
      518 words
  • Page 17 Advertisements
    • 146 17 AND ENTERTAIN I IRa Shai Mase For the fresh and flavourful taste of Japanese I haute cuisine only at Unkai Japanese Restaurant. Lunch 12 noon to 2.15 pm Dinner 6.30 to 10.15 pm. A ANA HOTEL I For reservations, SINCAPORE please call 732-1222 ext 1589. 16 I A promotion depends
      146 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3504 18  -  By S N Vasuki SINGAPORE stockbrokers probably faced a difficult choice yesterday morning: whether to keep their eyes on a dismal trading screen or watch the live telecast of the Oscar awards ceremony where Hollywood blockbuster The Silence of the Lambs made a
      3,504 words

  • 2526 19 BMT $>0(100) 4900 -1-400 >8.9% DBS 1140 +10 +0.9% OCBC Foreign 1170 +10 +0.9% SPH Foreign 1270 +10 +0.8% LAM 50* 168 +8 +5.0% S Reinsurance 140 +7 +5.3% San Teh 20* 127 6 5.0% UE 195 +6 3.2% CMB Packaging 565 +5 +0.9% PM
    2,526 words
  • Page 19 Advertisements
    • 123 19 YOUR KEY TO BETTERBUSDSIESSDECISIONS! Shine is Singapore Press Holdings' inforich database finanaal statements highlights, graphs, latest results team: T. S. Liu on 740 1035. HaaJ Ong on 740 1771 on Teleview, which incidentally is the most advanced and company news. nal videotext system in the world. For a subscription fee
      123 words

  • 2781 20 MISC Foreign 484 +6 +1.3% Leader U 570 +5 +0.9% Perils Plant 515 +5 +1.0% Samanda Hldgs 160 +5 +3.2% Golden Hope 136 +3 +2.3% MU1 161 +3 +1.9% Shell 470 +2 +0.4% Tractors 50* 196 2 +1.0% NBT 81 IV» +1.9% Cons Plant 50*
    2,781 words
  • Page 20 Advertisements
    • 244 20 BANKING, FINANCE AND INSURANCE SUPPLEMENT 199 iT A special Business Times Survey May 4,1998 The theme for this year's supplement Is "Managing the Tiger" which focuses on the tremendous growth achieved In recent years by Asia's banking and finance industry and the constraints faced by the region's regulators to encourage
      244 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5045 21 Bernama, Reuter SHARE PRICES here drifted to a lower close yesterday on lack of support as institutional investors stayed on the sidelines. The KLSE Composite Index dropped 4.48 points to close at 593.21. The Industrial Index was 11.78 points down at 1,099.09 and
      Bernama,; Reuter  -  5,045 words

  • BT SHARE INFORMATION SERVICE
    • 620 22 Company Rights Issue ttmci Tech One-tor-one Sl OO per state Bedford Issue of $175 lm normal amount of 5 5% Bank Guaranteed Bonds 1992/97 «itt detachable transferable subscription rights (TSR) on the basis of one TSR for every four ordinary shares fe M<0195 tor each TSR Saltan issue
      620 words
    • 542 22 Mm Iwri Last Fal Year Forecast Date Net Net PreM EPS mmei It* EPS Crets preft tap Raage Ceapm PetM last n n*« (cts) *r (S'lM) (SSa) (cts) Nn Neag F Mar 20 Dec 91 6 5 4 0 9.526 100 —13 5 68-92 IK F Mar 26
      542 words
    • 706 22 Company Data Yoar Group pro-tax Not oaroiogs Cross ann to profit/loss (L) por share dividood (000) (coots) Bonvest Mar 31 Dec 91 12.657(11 666) 1 3(0 7) l(-) ICS Mar 31 Oec 91 S12.176(»27.802L) 24 4(—) 6(135) Intraco Mar 31 Dec 91 $8 736($10.058) 116(134) 4(4) Parkway HWgs
      706 words
    • 1340 22 Currant Ex Mis Date Tatal far Trial far payment data ctesa payaMa tka yaar last yaar Hon, 5% Jin 5 Jun 18 Jul 2 SI 5% Amtet Em 50c 6%TE(I) Apr 15 Apr 21 Apr 30 12%TE mil Asean Find US10C(b) Mar 10 Mar 20 Mar 30 US10C
      1,340 words
    • 570 22 imU*4 T Cm hfM Mc Tmt EPS Cms Ret aaaeaacad n*< (cts) dk pra* last fear (SSI*) EMS Final Nov 6 Jul 91 3.0TE 17,8781 C| Lift final Mar 14 Dec 91 75 6 20 0 36.724 Jardtaa Uliltll Final Maf 20 Dec 91 42.1 57.0 2298(e)
      570 words
    • 470 22 Company Data Hart-year Group pro-tax tatorim ann to profit/los» (L) drvidood ('000) RMCA Re Mar 31 Dec 91 $51.17 71 ($*****1) MSB Mar 30 Dec 91 M$2,019(MS10.256) Amal Steel Mar 30 Dec 91 M$70,015(M$82.361) Boustead Mar 30 Dec 91 M$27.134(M$17.902) Faber Group Mar 30 Oec 91 M$23.759(M$2.435U Ind
      470 words
    • 64 22 Coaversioa Special Trig Scriptess Coavmim deadline Period Trading Coapaay starts (I DP) (ST) starts Ceatrepoiat Mar 30 Apr 21 Apr 8 Apr 21 Apr 22 First Capital Mar 31 Apr 22 Apr 9 Apr 22 Apr 23 Hai Saa Hap Apr I Apr 23 Apr 10 Apr 23
      64 words
    • 156 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 *rt 1316.68 (21/2/92) 1992 N* 1545 92 27/1/92) 1992 Inr 1231.25 (31/3/92) 1992 Inr 1414.26 (31/3/92) 1991 1333 06 (3/6/91) 1991 1565.58 (3/6/91) 1991 Inr 1022.52 (16/1/91) 1991 Inr *****8 (16/1/91) 1990 1435.43 (16/7/90) 1990 N* 1607.12 (27/3/90) 1990 Inr.
      156 words
    • 194 22 Company Data Yaar Groap Nat Nat aarnims Cross ann to profit/lass (L) par tkart divWaml COM) (cants) Kmtas Mar 27 Dec 91 M$11,900(M$4,720) 10.76(9.1) 5(4.7) MUIB Mar 27 Dec 91 M$44,255(IHIJ34,172) 68(5.8) 7(3) Cerebos Feb 13 Sep 91 $45.623j($38.911) 14 8(12 8) 23 6TE(30TE KL Kepong Feb 13
      194 words
    • 259 22 Company Rights Issue CO. Consokdation of every tour shares of HK$0 25 into one share of HKJ100 nommal amount Rights ssue of hve-for-eijht HKSO 36 per share before consokdabon D-date Mar 26 Books dose Mar 26 Acceptance I Payment NYA MCB HMfS One-tor ten MSI 10 per share
      259 words
    • 696 22 Traas Ragistarad Substantial Bay/ Na. of Amount SharahaWiag Stack Data Holder Sharahaldar/Oiractor Sail sharas Bafara Attar SPC 23/03/92 CDPOBS Nominees (Pte) Ltd MND Holdings (Pte) Ltd S 7.000 19.887 132.382.476 41 37 132.375,478 41 37 L&M 23/03/92 Street Names Guthrie Mfg (S) Pte Ltd B 8.000 13.200
      696 words
    • 367 22 In local cwt la S$ la US$ dy yr dy yr dy yr Mar 30 Index chge chge chy cbge dge_dgt World 388.8 0.2 -4.8 -0.3 -6.3 0.0 -8.6 tEAFE 470.8 0.0 -6.2 -0.3 -10.1 0.0-12.3 Europe 426.1 -0.1 3.6 -0.3 -1.7 0.0 -4.1 Pacific
      367 words

  • STOCK EXCHANGE OF THAILAND
    • 1954 23 Reuter, UPI STOC KS closcd lower yesterday on a late sell-oft' as investors took profits in the absence of further developments in the forming of a new government, brokers said. The SET Index finished 4.52 points lower at 822.72 on an active 7.45 billion baht
      Reuter,; UPI  -  1,954 words
  • JAKARTA STOCK EXCHANGE
    • 1127 23 Reuter THE SHARE market ended yesterday barely changed in quiet trade, brokers said. The official index edged up 0.14 points to 278.69. Turnover fell to 4.5 million shares from Monday's 5.37 million. Japfa closed 100 rupiah higher at 2,800 on a turnover y» 881,500
      Reuter  -  1,127 words
  • Page 23 Advertisements
    • 8 23 Plan your career in the Every Wednesday wSmSmmm
      8 words
    • 77 23 business TIME Toll free Tel No 737 0043 Fax No: 734 3698 MAKE YOUR UNWANTED ITEMS DISAPPEAR LIKE MAGIC! I Want to turn your castoffs into cash? You don't need magic to do the trick. All you need is a classified ad. Call us today to place your ad and
      77 words
    • 694 23 T^^ttNNINQTEAM CLASSIFIEDS! Call *****46/*****52 NATSTEEL LTD (Incorporated in the Republic of Singapore) lOST STOCK CERTIFICATE The following stock certificate has been reported lost or destroyed STOCK UNITS CERTIFICATE NO. IN TH€ NAME Of OfSI.«EACH *****4 JEN KWONG NAM MR 1 x 1,125 NOTICE IS HEREBY GIVEN that if within fourteen
      694 words

  • TOKYO STOCK EXCHANGE
    • 2601 24 Reuter STOCKS posted sharp losses and the Nikkei hit a fresh five-year closing low yesterday. Arbitrage selling and fading hopes for a hefty cut in the official discount rate erased early gains triggered by window-dressing for the final day of the fiscal year,
      Reuter  -  2,601 words
  • STOCK EXCHANGE OF HONGKONG
    • 2579 24 Reuter STOCKS ended lower yesterday on an afternoon sell-ofT sparked by unconfirmed rights issue rumours and nervousness about prospects of an imminent consolidation. Brokers said the market held steady in early trading but selling led by shares in Li Ka-shing's companies, Cheung Kong and Hutchison
      Reuter  -  2,579 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2110 25 Reuter WINDOW-DRESSING at the end of the financial quarter boosted trade yesterday and the market closed at its highs on reasonable turnover. "The day was led by end-of-the-quarter book-squaring with most investors relieved to see the market closing at its best," said one broker.
      Reuter  -  2,110 words
  • REGIONAL STOCK MARKETS
    • Tate rally sends Seoul index above 600 level
      • 764 25 A LAST-MINUTE rebound yesterday clawed back sharp early losses and sent the index back above the 600 level to the surprise of many brokers. "Everyone thought the index would surely fall more," an analyst at Coryo Securities said. "It was confusing yester►day," said Peter Nankervis, acting chief representative at
        764 words
      • 48 25 INDICES TURNOVER Cloae Mar 31 Pint— NEW ZEALAND NZSE-40 Capital unav 1,407.8 MANILA Composite Index Turnover (million) 1,092.94 709.7 1,091.19 1.75 393.12 316.58 TAIPEI Weighted Pnce Index Turnover (NTS billion) 4,800.94 16.9 closed dosed SEOUL Composite Stock Index Turnover (billion won) 606.32 38* 7 597.69 8.63 310.39 78.31
        48 words
      • 578 25 THE STOCK INDEX opened slightly higher yesterday but finished lower on late selling in the financial sector, and brokers said the market would remain weak this week as there was still little trading interest. The weighted index lost 32.53 points to close at 4,800.94 compared with Saturday's 4,833.47 finish.
        578 words
      • 522 25 SHARES gained ground yesterday as traders saw prospects of more orderly elections in May after a popular movie actor withdrew from the presidential race and reduced the number of candidates, brokers said. The Manila Stock Exchange Composite Index closed 1.75 points firmer at 1,092.94. The political horizon is slowly
        522 words
      • 141 25 SHARES soared on heavy buying and the BSE Index hit a record 4,159.53 yesterday before closing at 4,091.43, up 300.25 points. The National Index leapt 161.65 to 1,909.11, after touching a high of 1,911.00. "The market had everything going its way," said broker Sudhir Pavan. "We were relieved to
        141 words
      • 145 25 New Zealand NZC S ANZ Banking 533 8 197 Bank Of NZ 64 2343 Bavcorp 15 I 120 Briericy Inv"! 94 unch ***** SSRSt 224 unch 5819 2 80 5 1048 248 unch 1142 Cityrwlties 24 unch 261 Corp Inv *0 1 2888 Cultus Pet .16 Donaghys 215 3 226
        145 words
  • Page 25 Advertisements

  • WORLD STOCK MARKETS
    • Dow edges higher in year's slowest trade
      • Article, Illustration
        1242 26 STOCKS ended mixed in the year's slowest trading session on Monday, with blue chips rising modestly while the broader market slipped. The Dow Jones Industrial Average closed up 3.80 points at 3,235.24. Volume on the New York Stock Exchange was a thin 134 million shares, compared with 166
        1,242 words
      • Article, Illustration
        838 26 SHARE PRICES closed mostly firmer on Monday, leaving the FTSE Index just below the day's best levels after Wall Street recovered from early hesitancy and FTSE futures held steady near the session's highs. The FTSE 100 Index ended 5.0 points up at 2,452.9 in a 17-point trading range. Opening
        838 words
      • 171 26 EARLY DEMAND for car maker Volkswagen featured on an otherwise quietly steady bourse which dealers saw staying stable in the near future. "It was a positive surprise that 1,700 (on the 30-share DAX) held on Mon- day," said the chief dealer at one bank who saw the DAX opening
        171 words
      • 183 26 SHARES had a flat and dull session on Monday, with no news to give trading any direction and most operators staying on the sidelines. The EOE Index closed 0.14 stronger at 302.90, having all day fought shy of testing what chartists say is a tough support point at 302.
        183 words
      • 284 26 LIKE a pack of hounds in a frenzy over a coming kill, investors sensed the end was nigh for Prime Minister Edith Cresson on Monday and drove share prices sharply higher. Rumours swept the market that Mrs Cresson was on her way out and would be replaced by Finance
        284 words
      • 261 26 SHARES slid to a fresh 1992 low in razor-thin trading volume on Monday as buyers took to the sidelines ahead of this weekend's general elections. "Trading volume can't have been more than 60 billion lire," one operator said. "People have just got one thing on their minds at the
        261 words
      • 344 26 SHARES ended a quiet session firmer on Monday as bargain-hunting at lower levels helped shares to make up for some of last week's setbacks. Dealers said chemicals led the market higher but gains were limited by persistently high interest rates. The All-Share SPI Index rose 5.5 points to close
        344 words
      • 161 26 SHARES eased on higher domestic money market rates on Monday and under the influence of last Friday's Wall Street losses, dealers said. The bourse's general index closed 0.5 per cent lower at 990.71 points and the Top-16 Index 0.53 per cent down at 973.20 in low turnover of 305
        161 words
      • 314 26 GOLD SHARES ended slightly firmer in quiet trade and industrials held steady on Monday. The All-Gold Index closed 14 points up at 1,132, the overall index down 13 points at 3,542 and the industrial index just two points higher at 4,457. Other markets in Europe, South Africa and Canada
        314 words
      • 283 26 WEAKNESS in banks and real estate and construction stocks offset gains in other indices, sending stocks moderately lower on Monday, dealers said. Ongoing nervousness over Olympia York's cash flow problems and the constitutional squabble continues to plague Toronto. "I don't think you're going to see anything happen here until
        283 words
      • 123 26 Brussels Mar 30 Fraacs FORWARO MARKET Acec 2365 20 Arbed 4150 +20 Astur 504 Brascan 498 unch Canpac 484 6 Cock 155 -2 De ifcers 834 10 Ebes 7730 GBdg(P) 2115 -10 Gb-Inno-Bm 1342 -6 Gevaert 6970 10 Gr Bru Lamb 3235 10 Hobok Petro ***** 25 Ryl Dutch 2580
        123 words
      • 76 26 INDICES TURNOVER Mar 30 1 Close Previous NEW YORK Dow Jones 3.235.24 3.231.44 3.80 SAP 500 403.01 403 50 -0.49 Turnover (million) 134.0 166.14 -32.14 LONDON Financial Times 30 1.916.1 1.914.9 1.2 FTSE 100 2,452.9 2.447.9 5.0 Turnover (million) 402.4 507.3 -104.9 FRANKFURT DAX Index 1.710.31 1,711.45 •1.14 AMSTERDAM EOE
        76 words
  • Page 26 Advertisements
    • 24 26 The market report for Brussels was not available. Innovation Technology in Business Times every Tuesday ATTRACT POTENTIAL CANDIDATES with mm Md iMtke APPOINTMENTS' COLUMNS
      24 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1173 27 REPORTS ASIA Tokyo: The dollar eased slightly against the yen and the mark in listless late Asia trade yesterday, dealers said. Earlier in the day, it gained on month and fiscal year-end commercial dollar purchases, they added. A senior dealer at a
      1,173 words
    • 377 27 Cross rates Mar 31 |j USS SS MS Dm Yen SFr AS NZS USS 1.6570 2.5850 1.6450 132.90 0.5757 1.4990 1.3004 1.8248 SS 0.6035 1.5600 0.9928 80.2052 0.3474 0.9046 0.7848 1.1013 MS 0.3868 0.64 0.6364 51.4120 0.2227 0.5799 0.5031 0.7059 Dm 0.6079 1.0073 1.5714 80.79 0.3500 0.9112
      377 words
    • 527 27 Interbank rates SS Bid Offer Overnight 2 7/8 3 1-month 3 1/8 3 1/4 2-month 3 1/4 3 3/8 3-month 3 5/16 3 7/16 Overnight mode: 3 USS Bid Offer 7 days 4 3/16 4 5/16 1 month 4 3/16 4 5/16 2 months 4 3/16 4 5/16
      527 words
    • 449 27 FT TORONTO Long-term securities issued by Olympia and York, the debt-burdened Canadian property developer, are attracting the attention of bargain-hunters in the North American bond market. Real-estate and corporate finance specialists at several Toronto securities firms are suggesting investors should buy any O&Y bonds
      FT  -  449 words
    • 1262 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Act/Vol Op/lnt Jun 92 95 45 9M7 9?44 95.46 6200 5649 ***** Sep 92 95.05 95 06 95.03 95.05 5400 4000 8175 Dec 92 94.26 94.27 94.25 94.25 3090 2694 6059 Mar 93 94.00 94.00 93.97 93.97 1415 729 3595
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  • Page 27 Advertisements

  • COMMODITIES
    • 442 28 Reuter SINGAPORE Third party oil processing is shrinking in volume and will fetch lower processing fees due to weak margins, industry sources say. "Traders' processing quantity could be reduced by half, as nobody can afford it," said an Asian oil trader. "Traders lost
      Reuter  -  442 words
    • 303 28 Reuter GUWAHATI, India Top Indian tea industry executives want the auctions through which they have to sell most of their production abolished. "The auction system has outlived its utility," Rajesh Krishna Kumar, managing director of Tata Tea Ltd, said in a
      Reuter  -  303 words
    • 820 28 REPORTS THE PRICE of tin surged 13 sen higher to elosc at M 514.41 sen per kg on the Kuala Lumpur Tin Market yesterday. IX*alers said better buying interest was noted from European and loeal buyers in early trade as priees
      820 words
    • 1364 28 Rubber Mar 31 MS (fcfc hi Mm) S cents/kg Noon Close Int I RSS Prompt 140.00/141 OON 141.25/142 25N Int I RSS Apr 92 140.00/140.50 141.25/141 75 Int I RSS Mav 140.75/141 25 142.00/142 50 Int 2 RSS OP I3S.2VI39.25N I39.25/I4025N Int? RSS OP 137.75/138 75N 138.75/139 75N Int
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  • Page 28 Advertisements
    • 751 28 BUSINESS TIMES ToM -«r— Tel No -.737 0043 Fax No: 734 36Q8 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 PURSUANT TO SECITON 290(2)(b) and IN THE MATTER OF ELM.FULMER (FAR EAST) PTE LTD (IN MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the above named Company
      751 words
    • 6 28 Innovation Technology in BT every Tuesday
      6 words

  • 1285 29 City Flight ETA Flight ETD Abu MutM GA895 1520 Adalaldo QF81 2010 SQ227 2115 QF82 2115 Amsterdam KL837 1400 SQ24 2215 GA895 1530 KL838 2325 Athens OA471 0015 0A472 2240 SQ35 1650 Auckland NZ21 1740 NZ22 1850 SQ288 2035 Salikpapan GA524 0920 Bandar Sari BI421 1105
    1,285 words
  • THE TRAVEL PAGE
    • 672 29  -  LETTER FROM HANOI S SjfS By Kathleen Callo HANOI'S old Metropole, once notorious for its rats and appalling service, has been reborn as the first luxury hotel in the capital of communist Vietnam. The elegant four-storey structure, built in 1911 when Hanoi was the jewel
      672 words
    • 151 29 As at 3pm yesterday: Ixtcal dollars to one unit of foreign currency Currencies Bid OlTer Australian dollar 1.2691 1.2863 Canadian dollar 1.3759 1.4037 NZ dollar 0.8975 0.9157 Sterling pound 2.8659 2.9047 US dollar 1.6530 1.6620 Local dollars to 100 units of foreign currency Austrian schilling 14.18
      151 words
    • 49 29 Duration Title Venue Organiser Tel 1 April 28Zimbabwe Bulawayo. Zimbabwe 263-9/***** May 3 International Zimbabwe International Trade Fair Trade Fair Duration Title Venue Organiser Td Apr 29May 3 Sixth International Fair for Books and Press Geneva Salon Intl du livre et de la presse 021/*****9 (Fax)
      49 words
  • Page 29 Advertisements
    • 41 29 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details We know Europe from (tart to Finniih.
      41 words
    • 24 29 Difficulty in getting a copy of Her World, Go, Singapore Business, Home Decor, Young Parents? Call our Hotline 749-2577 for locations of nearest newsstands.
      24 words
    • 63 29 Reporter Ng Wan Ching spent three weeks in Thailand and Cambodia to catch a glimpse of the grim life that is the lot of a Cambodian refugee. Plus: 0" Exclusive scenes of life in a refugee camp. 0" The minefields political and physical and the uncertainty of the refugee coming
      63 words
  • Page 29 Miscellaneous
    • 276 29 Delightful puff about BB 5 A man writing copy in quarters ~~fll___^BL_JHL--]^-10 Keeping quiet among the 12 L—l—LJ— old appears essential (6) 12 Personal endurance (9) 13 To phone back about one 16 j would be a bloomer A once-great Russian star's 17 18 ruination (4) 19 16 Half of
      276 words
    • 163 29 Singapore Outlook: Showers over a few areas in the afternoon. Report: Maximum temperature 32.5 Assoc humidity 64% Minimum temperature 25.6 Assoc humidity 94% Hours of sunshine 5.70 Rainfall in mm Nil Rainfall this month 67.6 Rainy days this month 7 World report Asia-Pacific Hi/Lo* Cond. Auckland 20/16 Rain Bangkok..... 35/27
      163 words
    • 24 29 It.L'L-.aWifflfcWMl ~1 A «ccr THF HELL is J sTRR*Ge* f© S (hc SWING, ?"y W&PTOR-* LWE J SsSSSEj-0 0645 C ASSOCIATED NEWSPAPERS LTD.. IWMWB
      24 words

  • 508 30 Narong seeking graceful way out amid drug claims: associate Reuter BANGKOK Thailand's prime minister-designate is seeking a graceful way to step aside after the disclosure that he was refused a US visa because of drug allegations, a close associate said yesterday.
    Reuter  -  508 words
  • 319 30 AP PARIS Premier Edith Cresson made an unscheduled stop at the presidential palace yesterday and a leading TV station reported she was planning to resign after the governing Socialist Party's election disasters. Mrs Cresson's unpopularity was a major factor in Socialist
    AP  -  319 words
  • 347 30 Reuter MOSCOW The Russian government yesterday signed a- treaty with its ethnic regions in an attempt to prevent the Soviet-style disintegration of the country. President Boris Yeltsin and leaders of autonomous republics and regions within his giant federation signed the accord
    Reuter  -  347 words
  • 464 30 Foreigners find it hard to leave as Tripoli faces UN sanctions AP UNITED NATIONS Facing a Security Council vote that would punish it with broad sanctions for refusing to surrender bombing suspects, Libya appeared to be making it difficult yesterday for foreigners to
    AP  -  464 words
  • 335 30 Reuter WASHINGTON The US government's main economic forecasting gauge posted a second consecutive monthly rise in February, the Commerce Department said yesterday. The 0.8 per cent increase in the department's Index of Leading Indicators, which is designed to forecast economic activity six
    Reuter  -  335 words
  • 279 30 AFP JAKARTA Indonesia has decided to order 250 Dutch experts working in the country on projects financed by the Netherlands to complete their work by April 23, a Dutch Embassy spokeswoman said yesterday. The 250 would not be forced to
    AFP  -  279 words
  • 689 30 Move reveals failure of his succession plans AFP, Reuter BEIJING Senior leader Deng Xiaoping has been forced to publicly take control of China's destiny in a media offensive and in doing so revealed his plans for an orderly succession are again in tatters. There
    AFP,; Reuter  -  689 words
  • 233 30 AFP NEW DELHI India swept away a range of state controls on foreign trade in a new ex-port-import policy unveiled yesterday, pursuing its bold and determined drive towards a market economy. Commerce Minister Palaniappan Chidambaram said the government would retain
    AFP  -  233 words
  • Page 30 Advertisements
    • 245 30 CHARTPOINT Every Saturday in Business Times 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 57,306 sq.ft. Head lease to Wang Computers to 1997. COLLEGE HEIGHTS 178 Hargreaves St, Auckand
      245 words
    • 9 30 ILO sees 15m more jobless in former Soviet Union
      9 words
    • 75 30 CHARTPOINT Every Saturday in Business Times KHAW AND SONS The absolute advantage of being bilingual hours intensive\ language training tailor- made for busy expatriates I and executives V Mandarin for Beginners In-House Mandarin for Executives language Mandarin for Japanese training for Mandarin for children Chinese Painting and companies Calligraphy at
      75 words

  • Shipping Times
    • 476 31  -  By Dexter Lee SINGAPORE Seaborne passengers bound for and returning from the Riau islands, including Batam, will soon enjoy better terminal facilities and a higher level of safety at sea, said the Port of Singapore Authority director Goon Kok Loon yesterday.
      476 words
    • 441 31  -  By Dexter Lee SINGAPORE The Port of Singapore Authority has dismissed ferry operators' fears that shifting from Finger Pier to the Singapore Cruise Centre will raise their operating costs sharply. At a press briefing yesterday, PSA deputy executive director Goon Kok Loon said that
      441 words
    • 1195 31 Page Col ABC Containeriine 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 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 Asian Break-Bulk 16 3
      1,195 words
    • 459 31 THAILAND Precious Shipping Ltd (PSL), the country's largest tramp operator, will invest almost a billion baht in eight fleet-expansion projects. According to The Nation, PSL recently applied for promotional privileges from the Board of Investment for the projects. According to its application, the
      459 words
    • 209 31 UPI HOUSTON Drilling activity in the United States dropped to a record low for the third consecutive week, but the number of offshore rigs drilling in the Gulf of Mexico increased slightly, surveys showed on Monday. Baker Hughes Inc reported
      UPI  -  209 words
    • NEWS SUMMARY
      • 43 31 AFTER nearly two years of indecision. the specification for the next generation of tankers,and the treatment of the existing fleet, had been agreed. The IMO Marine Environment Protection Committee has managed to amend the marine pollution convention. Page "t:
        43 words
      • 22 31 LOCKHEED Corp's Missiles and Space Co will eliminate"" 1,400 jobs this year, up from 400 Back Page
        22 words
      • 30 31 RETIRED Air Force General Thomas C Richards will head the Federal Aviation Administration, which has been without a chief since last. year Back Page
        30 words
      • 36 31 UNIONS at West Japan Railway Co, Central Japan Railway Co and JR Kyushu -have launched their 48-hour strike when annual wage talks failed to produce an agreement, on Monday BackPage
        36 words
      • 52 31 when you can get off' SNOW is falling, and a ground crew is de-icing the wings. Your seat belt is fastened, t|ie runway is clear and you want off the plane. Can yoa-get off? It depends, say those in the industry
        52 words
    • LOG BOOK
      • 87 32 MIAMI Carnival Cruise Lines Inc has contracted with Kvaemer Masa-Yards for construction of a new superliner slated for delivery in the fall ot 1995, officials said on Monday. The imagination, which will cost about US$3OO million* will be the fifth 70,000 gross-registered-ton sister ship that
        87 words
      • 47 32 LONDON The Greek freighter PS Palios was picked up by Cuban salvors after drifting between Cuba and Jamaica due to engine trouble, Lloyd's Shipping Intelligence reported. The 23,648-dwt vessel, in ballast, is being towed to Santiago de Cuba for repairs, Lloyd's said.
        47 words
      • 85 32 LAGOS Disrupted fuel supplies in Nigeria following a strike by Ministry of Petroleum Resources officials caused mayhem on Lagos roads on Monday as cars for petrol. Commuters were stranded as public transport was hit by the three-day old shortage in the commercial hub of sub-Saharan Africa's
        85 words
      • 70 32 DETROIT Mazda Motor Corp's American subsidiary Mazda Motor of America said it raised the price of the 1992 Proteae, 323 sedan, MPV and pickup models by a sales weighted average of 3 per cent or US$3BO per unit. e increase applies to vehicles shipped to dealers
        70 words
      • 58 32 PORT-AU-PRINCE, Haiti The US Coast Guard on Monday repatriated 60 Haitian boat people not protected by a federal judge's injunction. On Friday, US District Court Judge Sterling Johnson Jr ordered a temporary ban on the repatriation of about 3,100 refugees held in a tent city on
        58 words
      • 61 32 SEATTLE CSA, the flag carrier of Czechoslovakia, has ordered five Boeing 737-500 aircraft, valued at US$l6O million, including spares and training, Boeing announced on Monday. The order was the first by CSA for Boeing planes. The carrier has also taken options on four additional 737
        61 words
      • 54 32 IN THE SingaPort'92 supplement, it was stated that the scheme allows shipowners to charter in non-related tonnage if required for their operations. However, the additional tonnage should exceed the owned or related group tonnage. Instead, the statement should have been "the additional tonnage should not exceed". We
        54 words
    • 1120 32  -  After two years of indecision, the International Maritime Organisation has agreed to amend the marine pollution convention. Yet the most important battle for safer seas is still to come, says Michael Grey Michael Grey Lloyd's List A COLLECTIVE sigh of industrial relief seemed to shudder
      Lloyd's List  -  1,120 words
    • 12926 40 This is a list of ships loading i 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
      12,926 words
    • SHIPS IN PORT
      • 574 47 Vessel Voy No Belli Arrival D«parti*e Vessel Voy Wo Berth Arrival Departs u SPC 20 112 alongside 0104/1000 Marina Terminal 1 Taihaneshan J6 alongsde 01.04/1800 An*ana Mas 1 002 M03 alongsrte 3103/2300 C ahava Haraoan 20 J1 01 04/0915 02 04/1700 Batam Sayang *****2 M05 alongs.de 3103/0500
        574 words
      • 242 47 Johoro Port Berth: 1: nil; 2: Banglumpoo; 3: Yun Lin; 4: Ocean Trader; 5: Pernas Sekoi; 6: Barge Sea Maco. 01 jetty: Young Chemicarry, Subur. DCJ: Lady Pauline. Due on Mar 31: Lian Keong, Manbor, Bunga Bindang, Singapore Bridge, Barge Josindo Satu. Due on Apr 1: Shimakaze,
        242 words
      • 1425 47 3r DELIVERY of fcl import containers in progress V iof No Cortantn naiabh SWp Moy Wo CwtUtoi Bim M3 30.03 92 0045 Sino Credit 032SB COO(EST) 3103 92 1500 Petr Dutov 12N 30 0392 0440 Yangfangkou 169 COO(EST) 31.0392 1500 SipSL 3102 30 0392 0700 Lampur* *****S COO(EST)
        1,425 words
    • 973 48 r gept 15-16: Asia-Pacific Digital ellular Mobile Communications. organised by IBC Technical Services Limited at The ftfandarin Singapore. For furiher details please contact IBC (technical Services at tel: P7l-637-4383 or fax: 1-631-3214. 13-16: Seatrade Asia-Pacif-. Ie Cruise Convention, organfted by Seatrade. The event will take place at The
      973 words
    • 615 48 RATES on key panamax grain routes from the US to Japan continued to weaken, dragging down the Baltic Freight Index, brokers said on Monday. The BFI fell 11 points to 1,186. A panamax was fixed from the US Gulf to South Japan at U5519.50. against US$2O.Ol on the
      615 words
    • 183 48 THE FREIGHT market weakened last week because of a surplus of tonnage over demand, traders said. On the futures market, the Baltic Freight Index (BFI) lost 18 points to finish the week at 1,197 points. Reports by traders last Friday that the Commonwealth of Independent States (CIS) had
      183 words
    • 291 50 UPI SUNNYVALE, California Aerospace-defence giant Lockheed Corp's missiles and space unit will eliminate 1,400 jobs this year, up from 400 initially planned, a spokesperson said on monday. Lockheed Missiles and Space Co, the company's largest division with 24,360 employees, disclosed the increase in a memo
      UPI  -  291 words
    • 274 50 UPI TOKYO Members of three railway unions went on strike yesterday halting bullet train service between Osaka and Fukuoka, inconveniencing commuters during the height of the morning rush hour. The unions at West Japan Railway Co, Central Japan Railway Co and JR
      UPI  -  274 words
    • 225 50 UPI SEATTLE The Boeing commercial airplane group received validation for its bullish long-term industry outlook, announcing that USAir has ordered 15 twinjet 757s and secured options for another 15. "We are delighted with the announcement for a couple of reasons," said Dean D Thornton,
      UPI  -  225 words
    • 212 50 AP WASHINGTON Retired Air Force General Thomas C Richards will be named to head the Federal Aviation Administration, which has been without a chief since last year, an administration source said on Monday. Richards was a member of a US presidential commission that investigated
      AP  -  212 words
    • 349 50 AP NEW YORK Snow is falling, and a ground crew is deicing the wings. Your seat belt is fastened, the runway is clear and you want off the plane. Can you get off? It depends, say those in the US airline industry. "There
      AP  -  349 words
    • 514 50 Facts from a 1990 report could have prevented the New York crash AP TORONTO The author of a report on a 1989 Canadian air crash said on Monday that better dissemination of a crash investigation's conclusions could have prevented accidents such as
      AP  -  514 words
  • Page 31 Advertisements
    • 27 31 LtoM MNI MrvlcM r«pr«Mt* «f tIM teftstry «l kunMai [!WKSu*U Strata* Hint! 11mm in Nattaaal Slfe- KtMSzMin 1 vQMv/l For advertising enquiries, contact Shipping Times. Tel 740-2089/740-2090.
      27 words
    • 169 31 INDONESIAN STATI OWN SO tTCVSDOHB AND PONT SERVICES Fa all Indonesian main ports including outports SHIP MANNING Indonesian crew and officers ratings Sri Lanka crew and officers ratings Can arrange transfer to any worldwide locations CALL HOTLINE; SrigSS" Container Schedule -I—: Daty Fre«Ms -18 Index ,S 1 Stopping GudC 10.U
      169 words

  • Page 32 Advertisements
    • 55 32 Employ Business Times. Singapore's foremost business and financial daily is compulsory reading for the successful. If you're "headhunting", you are on target with Business Times. Executive Appointment advertisements will be in the daily Stock Exchange pages and on Saturday, in the Jobs page of the Exstyle more jw information, please
      55 words

  • Page 33 Advertisements
    • 2262 33 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES *****11 FAX: *****09 bookings tel *****34 *****58 TERMINAL/CFS TEL: *****18 220 I iffli J PEBAKA JARDINE SHIPPING AGENCIEB BDN. BHD. %W# A PORT KELANG TEL: *****18 FAX: *****9J *****88 0 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Quality Service ipoh
      2,262 words
    • 1310 33 Read Chartpoint, a guide to investing in the Stock Market. Every Saturday in Business 1 Times Mjuascl I UNITED ARAB SHIPPING CO (SAO) VEBBEL/VOY SIN NYC BAL OftF BAV 1 rmTSmmW* v* u/5 u* iv* u/* 1 I own a/4 1/* V* J/J I h ami w i/5 iz/» m/*
      1,310 words
    • 1419 33 mamsnassm NEXT SAILINGS TO USA MAJESTIC MAERSK V.9204 ETA SIN 7/4/92 SEALAND EXPRESS V.172E ETA SIN 6/4/92 Vessel Voy ETA ETD Feeder by DESTINATIONS World Lynx/ Arm This week Maiestic Maarsk 9204 7/4 0800 MRS CFS 6/4 2359 MRS Kelang Paoang OAK LGB HOU MEM ATL MIA CHS BAL PHL
      1,419 words

  • Page 34 Advertisements
    • 1398 34 roam/ VQY NO S PORE JEDDAH S HAMTON H BURG ANT LE HARVE I' KASUGA I 20/113 2/4 11/4 25/4 21/4 20/4 ■E9flQQ|| |l DRESDEN EXPRESS 04/313 5/4 22/4 24/4 27/4 28/4 1 JUL WESTBOUND DANUBE 01/114 9/4 18/4 2/5 28/4 27/4 KELAN6 tPtNANG I LUDWIGSHAFEN EXPRESS 01/314 12/4 29/4
      1,398 words
    • 585 34 SEASPAC SERVICE CONTAINERS U MtAKBBLK DWECT SOUTH PACIFIC SERVICE SIN INOU SUV PPT L J BONTANG 3507E8 26-26/4 9/5 11/5 16/5 IMPERIAL 3603E8 27/5 7/6 10/6 14/6 Transit Time >(13) (16) (22) ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA. NUKUALOFA. P VHA FASTEST SERVICE TO CHLE/PEWJ Sim
      585 words
    • 1391 34 Ull REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE Z/m SM ALG BCL HAH BRE ROT ART FEL LHA I*'* 3l (WA (VIA <WA AL6) NAM) «0T) •roacia tuiDi au qtas 3 06/04 24/04 26/04 29/04 30/04 01/05 02/05 03/05 04/05 9206 3 12/04 30/04 03/05 04/05 05/05 06/05 07/05
      1,391 words

  • Page 35 Advertisements
    • 1629 35 H STRAITS SHIPPINGTPTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa*: *****17 ACCEPTS DUE SAIS spoߣ B'KOK STRAITS HOft VO4E Muara. Skan. Ti. <M 02 Apr 04 Apr ESTEBRUGGf 04N J" q, STRAITS VENTURE VOK Muni, Lib. KK 01 02 Apr 03 Apr 04 Apr
      1,629 words
    • 1989 35 m SINGAPORE AGENT: AY |4-n I f|Af«o P&O Containers (Singapore Agencies) Pte Ltd X iX\/ d 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 Tel: 225 2233 Tetex RS ***** PNOCSP Fax: 225 5327/222 7517 < CR Number: **********0Z EXPORT IMPORT VEllfL VOV *mo w MM ALO
      1,989 words

  • Page 36 Advertisements
    • 505 36 [■-■in CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL VOY S POfit ROAM ADAM HBURG BRtMtN ANTWERP SAWAMYA 34W8 26;« 29/5 3/6 //6 10/6 HUTM 25W8 2S/5 24/6 28/6 ill 1U FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subpct to Inducement. Also accepting cargo to CaMblanca. Port Said, Port
      505 words
    • 1144 36 (g)HANJIN SHIPPING cm» uti CM i lyr U6IM iQg OAK FDR VSI SIN LINE HAUL SAf Ul HVC LiNiwStNflPfWf nov 5/4 DttECT ?6,4 29 4 HAN KM KNANGYANG 017t 64 H KOBE 036E 14/5 15/5 17/5 12/4 WEC 3/5 6,5 HANJKI KUNSAN 073E 13 4 M PLEASIAE 025E 21/5 22
      1,144 words
    • 1268 36 yJd -1 cH "I d I m w mc *t me w *i os «i w no in cm h nc iw m i» w nc n can I I f oar KMI 11/1 kh r« 14 11/4 13/4 14/4 19/4 17/4 U/4 29/4 1/i 13/5 15/5 19/S 29/S 27/5
      1,268 words

  • Page 37 Advertisements
    • 1296 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: Z7»wrr ysa* r*r. i<Muvr«»uwvcj J BOOKINGS-fTOLL FREq NEPTUNELINKTEL *****00 (TOLL-FREE) JZ USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 #22 *****32 EXPORT CFS MB2: *****53/*****50 fCSBL NEPUNE SDN BHD MALAYSIA K.L.-(03) *****33,
      1,296 words
    • 948 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQURES: *****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 t..mn.«i_n«innc»c «BH0UI)-I0lim6 IMWHTO KB HOnOW mm w |«i 1
      948 words

  • Page 38 Advertisements
    • 1491 38 K~ V M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W V WT TEL: *****77 TELEX KAWAX! R*****5 FAX; *****07/^9 1.l l\| M MALAYSIA: "K" UNE MAIVTIME (MALAYSIA) SON BHD M TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA
      1,491 words
    • 805 38 PHILI-ORICNT LIN€S PT€ LTD I W 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: R*****0 FAX: *****76/*****38 QfiO BY AIR, LAND OR SEA.... JjMr WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION j australjamew zealand/south pacific fculcl servkx\ 02 APR SYDNEY. MELBOURNE,
      805 words
    • 307 38 /W*-, GOLDEN LINE Vtt o>v guan guan shppmg (PTE) ltd V 7 a. m kjm sum mums aim m SM3M (1* IMS) fm SMJSM (a H». UI2«iM»IW) BMHM—tt M «PH Sport f. Kctani Pen»i« eaun «nn c<Mo/iuncki/Ma i/isa? eaua MHRT MMte/brack/IMa A/1* Ml OF" m cum port 4/« Apr MOW
      307 words

  • Page 39 Advertisements
    • 1684 39 ->ui|r|iuig tunes, neooesoay ipruiinw SSSSSSrJDff PACIFIC INTERNATIONAL LINES (PJEJ.LTD 5555S JvMkm 140 ***** streeti #03 P,L Bui,ding Sin9apore [JAKARTA 1 [BANGKOK -I i L l__- yoY SIN BKK SIN H VESSEL VOV SIN JKT SIN ,f,T* «UR|A KSR2I2 V« t/4 BUNOA TERATAI 133 2/4 3/4 7/4 04N 3/4 t/4 IS/4
      1,684 words
    • 666 39 Eacßen V I Ist1 st class container transport crvcp ucccci PCMANP, P KFI ANG I OCEAN VSL/VOY SIN SOU (1 RTM (2) HAM (3) GOT (4) lI7TBN 7/4 24/4 26" £M 29/4 4SON/TBN 10/4 11/4 BEN AVON 2142 14/4 1/5 3/5 6^|_ tiSON/TBN 17/4 18/4 JUTLANOIA 2152 21/4 8/5 10/5
      666 words
    • 314 39 M MYANMA \BBBk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore PJCIg Pen P.G4f PWYA VI2IM to Hrt MERGU VII3W 14/17 Apr to Pwt PKM Vim 18/12 Apr HP* AN VI TEW 14/16 Apr MYtMATHA VI4IN 22/24 Apr >s» Ti«jwaue. SEMI-CONTAINER SERVICE r HEAVY UFT CAPABWTY I
      314 words



  • Page 42 Advertisements
    • 2328 42 Conventional Semi-Container Full Container 1 iner Service* Liner Services fflrr JrrFacA fMa M Cteoy CMm SMw«v fl* «W f.r. P*tr* Momsit M*tmt General Agents: looting A,.,15: £7*, M *-»»■«<■*"»<».««» 'JlX?'""' Virlr Funn Shinninn A rrjl/jt fin,,**- COStar Shipping Pte Ltd Stiipplnf Fnifkt Cwfr» S* IM 4?000 Off ton lpot> Sent*
      2,328 words
    • 338 42 SAMUDERA IMNNKSU (S| PTi LTD~" 18 McCALLUM STREET #14-04 NATWEST CENTRE Singapore 010S Tatos H*****0 T*4: *****81-3 Fax: 228 4MS, 227*138 FOR BOOKINGS CAU. DIRECT UNE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK TWADIKA 918 03AM (FRI) 05/04 (SUN) PELOPOR 1034 04/04 (SAT) 07/04 (TUE) LAWANTI 955 06/04 (MON)
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  • Page 43 Advertisements
    • 610 43 (ft FAMOUS CONTAINER UNES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES LIMASSOL/PREAUS 5/4 ROTTERDAM 5/4 HAIFA/ASHDOO/ALEXANORIA 5/4 HAMBURG/BREMEN 5/4 MARSEILLE/FRANCE 5/4 FELIXSTOWE/UK 5/4 BARCELONA/SPAIN 574 LEHAVRE/ANTWERP 5/4 GENOA/ITALY 574 GOTHENBURG/SCANDINAVIA 574 LOS ANGELES/WC/IPI 5/4 I SYDNEY/MELBOURNE 4/4 NEW YORK/EC 5/4 FREMANTLE 2/4 VANCOUVER 1/4
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    • 711 43 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lln«s) m FAX: *****15/*****03 DO J TELEX: RS ***** RISHIP (3 Lines) |r*T\ ETHIOPIAN SffIPPWG LWES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING FOB SPORE ABYOT 28VVB IS/04 DARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA NETSANET 26W8 13/05
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    • 817 43 JAKARTA BANGKOK I WML *ot m m f*ML |ww Immm BCNJA BHUM 27M 03/04 00/04 HART* WW 03N to Pt 01/04 Sat 03/04 BE Nil BHUM _28S 08 04 11/04 S»0 BHUM* 4WW Thw 02/04 Stm 05/04 FU Fl KG SHAW 01S U/04 14/04 MM BHUM# 22N Sal 04/04 Tat
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  • Page 44 Advertisements
    • 1153 44 I MAC-NELS S'PORE IMPORT: *****11 11 I PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 1 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 UK/SCAN/MED PORTS COLOMBO'S- AFRICA PEN PK S|N PW PK SIN Colombo 3/4 4/4 5/4 4/4 5/4 13/4 Ldn/Flx/Rdm/Ant
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    • 254 44 BLUE STAR LINE TO FROM D/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPI ML ITT 9N MULBCRA 27S 20/4 VM NPI 22/4 «/5 AUST SIM 0511 21/4 3/S NTI 5/5 21/5 PIKMftCT ISS 4/5 U/5 «A NFL l»/5 4/« FULLY CONTAINERISED SAILINOS DISCHARGING
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    • 1061 44 THONG SOON LINES PTE. LTD. Mi 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I CONVENTIONAL/CONTAINER CONTAINER SERVICM 1 SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL Ivor IETA |HST VESSEL SPMt P.
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  • Page 45 Advertisements
    • 784 45 I \PTI DE VAPORES I "PERUVIAN STATF LINE" i ACCEPTHG BREAKBULK FCL/SOC CARGOES TO/FROM I CALLAO, MAT ARAM. 110* t OTHER PERUVIAN PORTS* I WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA, NAGOYA. MOJI. TOKYO*,
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    • 460 45 CZ3Z I MEZalj N.AMERICA/CARRIBEAN SERVICES vessel jvoT Ism Immririk k»» |rsi ton jwc hw m. ausaui! m }i/s M R* SiLr. p 1"1 "'l I'l In;! fST C cw|o to: Inljnd USA Dvitnitmns. Cfc'Atu). Cißhl fciwxi Cjflwli Cotambu, Pry. CM* Mm xccptnf 40 Kf ta l»«M" AUSTRALIA SERVICE VESSEL VOY
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    • 619 45 AIDDLE-E AST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHARIAH DOHA. MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS JEDOAH FAR EAST ACCEPTING FCL/LCL PENANG P/KEIANG IAKARTA, BANGKOK HONG KONG. TAIWAN lAPAN. MANILA KOREA T H UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE LEEDS. TILBURY ABERDEEN LE HARVE. HAMBURG ROTTERDAM ANTWEP. GOTHENBURG COPENHAGEN ALL OTHER EUROPEAN
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    • 563 45 asean/chinaservices g syi scr n PNG t guoang ktn fob GU 10/04 DALIAN/QINGDAO SHAN 22/04 MUANGPU SHANGHAI ±!!l 05/ MADRAS/COLOMBO/BOMBAY/KARACHI SERVICES 04/ SGP m NIG TANGOON KTN F0« 03/ M. SHAN In Ft MADRAS/COLOMBO Q3/ TANG 10/04 MADRAS/COLOMBO 06, 04 SIM6APORE/WIADRAS/SIM6APORE FCLACL SERVICES SGF »S 05! SN 02 03/04 08
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    • 504 45 m EAST /4 KEELUNG/KAOHSIUNG /4 BANGKOK i/4 MANILA/CEBU 1/4 JAKARTA/BELAWAN/SURABAYA i/4 PORT KELANG/PENANG/E. Malaysia i/4 BUSAN !/4 TOKYO/YOKO/KOBE/NGO/OSA i/4 HONG KONG N CHINA i/4 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo M EUROPE/UK 5/4 LDN/FLX/LVP/SOU 5/4 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumama/Poland/Bulgaria/Czech. IN USA/CANADA 4/4 LOS ANGELES/NEW
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  • Page 46 Advertisements
    • 780 46 ctr FIL CONTAINER SERVICES PTE LTD MADRAS CALCUTTA VBL SIN/MADRAS VBL BIN/CALCUTTA yn SIN CAI sm NOT AVAILUtE M 30/03 0% 07/04 13-14/04 IMT AVAILABLE 31 01/04 07-11/04 17 11/04 31-01/04 0 7 09/04 IS IS/04 03-04/04 10-12/04 10-11/04 16-20/04 25-20/04 0* 07/04 12-14/04 20-21/04 JAKARTA DUBAI HONGKONG VSL SIN/JAKARTA
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    • 412 46 MANILA ETA VIGOUR PACIFIC SWB 28/3 VIGOUR SINGAPORE 23N8 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 I DUBAI 27/3 4/4
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  • Page 47 Advertisements
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  • Page 47 Miscellaneous
    • 462 47 TIDES AND WEATHER TODAY'S TIDES in metres) NOW 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 *****100 1200 **********001(00 *****800 1900 2000 2100 2200 2300 JR 23 19 15 1.1 09 09 10 13 18 23 26 26 24 2.0 15 10 0 7 05 06 09 14
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  • Page 48 Advertisements
    • 373 48 ULTI^VrE^IGHTSERVICES MumiMli if pen USA —Statflt, Pirtui, SFO, LA, Wtw Tort BP "tß* !:S: > m —»bctadfef Wf*y» Umontsa, MwN4 iw fci*«cfc, Qttwa, Stskataoa, Torwto, Villi K!SEB&WsS^H^SW^w? iV Jpfe Irw ytS&r*.} 1 o**»> JoWl >^Al^g^^SSßP" l Tw WP w aii f|K SSi| ®On& i, M UtTIMATC FHBOHT BCRVICCB PTE LTD
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    • 382 48 i. cosco UKC COWVgHHOWAL MHVtCE VESSEL PKL PNO P.O. LOADING FOR: A VESSEL 28/04 Holttfdim/Anlwwp CHINA CONVENTIONAL SERVICE VESSEL PKL PNO P.O. LOADING FOR: TRANS ASEAN 15/04 20/04 Huangpu/Ouangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHIN A/BAMGK OK /HONOK ONQ EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI
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    • 152 48 LIMMCO EM |RATES 1 Loading SIN DESTINATION NABR VOY2W APR-10 APR DUBAI TBM 20 APR-23 APR DUBAI YUSR VOY 1W 10 MAY-15 MAY DUBAI Other Persian Gulf Ports Subject to Inducement g'pm: Seacross Shipping Chartering Pte Ltd Tel: *****51 Fax: *****70 Tlx: ***** SECROS Dubai: Galaxy Shipping Agency Tel (09)
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  • Page 49 Advertisements
    • 1211 49 I/HYUNDAI 1 MERCHANT MARINE Cg. LTp. EASTBOUWD FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FHDH VOT PKE PGD SM LIU HAUL VOT KM) IBH OAK StA IX HM. WW KAO TCM/SO PTL NAN HM Ml NO4l 11/03 19/03 20/03 H WtOVltrO* Ml 17/03 13/04 16/04 10/04 GOIDCN GATE BO ttt
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    • 497 49 yuHg STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RORO i HEAVY LIFTS INBOUND VESSELS *t ssi m n nt u •ALU MM 1 ttl I" FAKAST NWT 1 l/« AAK A* IN 22 7/A A/4 H/« APfLAIS 2 19/4 14/4 TRANS AIT# «M 14/4 12/4 COSIK TRADER 24 12/4 14/4 CU4NM
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    • 733 49 JEDDAH/UK/CONTINENT S'PONE JED S TON HUM R OAM LEH Abo Accwtm Can fm DRE^N'EXPRESS 22 SS T. DMwYm/IM 1/4 it/j j\ VJ\ W g**"*— :to ArttMfp. OHi, HHwki MW mil 111 111 V* :to AatMrp, Amsterdam M* Hritaki jSmaKSm" a; g;; j,i ;;i vs isss ssssesesss: MEDITERRANEAN (MED CLUB)* Seaport
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  • Page 50 Advertisements
    • 98 50 I LVi IP T"f li fc 1 j| IiIML u ai FOR SUCCESSFUL MANAGEMENT OF YOURBUgINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers
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