The Business Times, 8 April 1992

Total Pages: 50
1 50 The Business Times
  • 16 1 BUSINESS TIMES MITA (P) 35/12/91 Wednesday, April 8, 1992 THE BUSINESS PAPER FOR S-h ASIA 75*
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  • NEWS SUMMARY
    • 76 1 MANILA Ten airlines yesterday cancelled flights to the Philippines after the strikebound Manila airport shut down the radar system that guides landing planes. Striking air controllers gave warning that the airport could soon be paralysed. Air traffic services chief Louie Guanzon ordered the
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    • 57 1 BRUSSELS The United States was to recognise the independence of three Yugoslav republics late yesterday. US Secretary of State James Baker, speaking on a satellite link from the US, did not name the republics involved. But EC diplomats said in Luxembourg on Monday that
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    • 27 1 THE International Monetary Fund (IMF) expects the industrial world to record solid economic growth next year after a lacklustre performance in 1992 Page 3
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    • 36 1 A US trade mission, comprising potential investors in the US$75 million (Ssl23 million) Asia-Pacific Growth Fund, will arrive in Singapore on Friday for one leg of a two-week swing through Asia Page 4
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    • 46 1 THE Bush administration would welcome a Bill that establishes the authority of the US government to treat Hongkong as a non-sovereign entity distinct from China for purposes of US domestic law, but that Bill need not be too broad Page 10
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    • 33 1 HONGKONG-BASED media giants may have to start making new plans in the face of rising costs and a choice of other locations to set up shop in Page 13
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    • 26 1 THE first article in a series of five on arbitration issues looks at the role of the Singapore International Arbitration Centre (SIAC) Page 17
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    • 26 1 SINGAPORE Airlines suggests a dual approach as the way towards greater liberalisation of the global aviation market. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 32 1 WALL STREET opened slightly higher yesterday with the Dow Jones index of leading industrials posting a 2.46point gain (0.08 per cent) at 3.277.95 in the first five minutes of trading.
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    • 36 1 SHARE PRICES were higher at midday yesterday, although trading remained light ahead of this week's national election. At 1100 GMT. the FTSE 100-share index was up 12.1 points, or 0.5 per cent, at 2.413.0.
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    • 28 1 THE Stock Exchange of Singapore has queried Inno-Pacific Holdings Ltd on its results for 1991 as well as its two ill-fated foreign investments. Page 5
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    • 35 1 KEPPEL SHIPYARD Ltd will help set up a manpower development project in the Philippines to meet the skilled labour needs of the shipbuilding and shiprepair industry in that country Page 5
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    • 28 1 LUXURY retailer Dickson Concepts intends to buy France's Charles Jourdan Group for 158 million French francs (Ss47 million), the Hongkong-based firm said yesterday P««e 6
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    • 24 1 KOREA International Merchant Bank is planning to expand its operations by setting up a network in South-east Asia Page 8
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    • Article, Illustration
      29 1 Tuesday Change BT-MGA 674.80 -0.61 Kuala Lumpur Closed Tokyo 17,791.55 -644 82 Hongkong 4,926.43 +29.53 Sydney 1,583.7 +6.9 Monday Change New York 3,275.49 +26.38 London 2,400.9 +18.2
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    • 30 1 London Gold AM fix US$338.50 -US$2.00 Exchange rates US$ s$ 1.6540 100 Yen SS 1.2385 M$ S$ 0.6433 Money market rates Overnight 3 5/16 -3/16 3-month 3 5/16 unch
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    • 28 1 Rubber S'pore May 142.50*/kg -0.75 M'sia Apr '/kg Closed KL Tin Turnover tonnes Closed Spot MS- /kg Closed Crndt palm oil Turnover lots June MS- /tonne Closed
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  • 558 1  -  Company merging shares with two Chinese firms for public offer From Loh Hui Yin in HONGKONG THREE MAKERS of liquid crystal display panels in China, including one owned by a Singapore company, are jointly putting their shares on public offer in Shenzhen, in
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  • 499 1  -  By Sangeeta Mulchand SINGAPORE An ambitious plan to link the four islands south of Sentosa and turn them into a recreational playground is taking off. The Singapore Tourist Promotion Board has called for consultants to carry out a technical and
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  • 137 1 AP DETROIT General Motors Corp has demoted president IJoyd Reuss and stripped chairman Robert Stempel of his post as head of a key committee in a surprise executive shake-up. GM's board on Monday replaced Mr Reuss with John Smith, a vice-chairman who was in
    AP  -  137 words
  • 265 1 SINGAPORE Mounting worries about the Japanese economy and rumours about massive bad debts suffered by Japanese banks depressed the Tokyo stock market yesterday. The benchmark Nikkei Average plunged 644.82 points to close at a five-and-a-half-year low
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  • 341 1 Reuter BANGKOK Thailand's military solidified its hold on power yesterday with the appointment of Armed Forces Chief General Suchinda Kraprayoon as the nation's new prime minister. "I consider Gen Suchinda Kraprayoon should have my trust to assume the premiership," said a proclamation from King
    Reuter  -  341 words
  • 176 1 Reuter TAIPEI Taiwan plans to hire Chinese software experts under a US$96O million (SSI.S billion) five-year programme to develop the island's computer industry. The government-funded Institute for Information Industry should "strengthen cooperation and exchanges with mainland China to develop Chinese-language computer software," said Premier
    Reuter  -  176 words
  • Page 1 Advertisements
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    • 49 1 Vikay Industrial zooms in on value-added output, Pg 4 JLW offers Shanghai land for tender, Pg 3 Shenzhen eyes 100 listings by year 2000, Back Page HUBLOT Hublot a Sensational Feel ing on Your Wrist. v i' o < -> •s- R H v R I SJ.V 1 1 MDM
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    • 25 1 wgk Sole Aaent: H.W. Shelley Co. (Pie) Lid Business as usual seen in Thailand under Suchinda; Thai petroleum products plants closer to reality, Pg 2
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  • PAGE 2 NEWS
    • 507 2 Popular policies initiated by Anand expected to be retained Reuter BANGKOK Army chief General Suchinda Kraprayoon's appointment as Thailand's prime minister will not harm the bullish economy, businessmen and analysts said yesterday. Analysts expect him to try and calm criticism by retaining
      Reuter  -  507 words
    • 685 2 AP BANGKOK Thailand's new prime minister, army commander General Suchinda Kraprayoon, follows a modern tradition of military strongmen assuming the reins of government. Generals have held the prime minister's seat for 47 of the 60 years since Thailand abolished absolute monarchy. General Suchinda,
      AP  -  685 words
    • 366 2 BANGKOK Thailand's first two plants for petroleum products, costing more than 10 billion baht (SS64O million), are a step closer to reality, following a government decision to consider granting investment privileges for the sector, the Bangkok Post reported on Monday. The paper quoted
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    • 440 3 US forecast to lead recovery with 3.5 pc growth next year Reuter WASHINGTON The International Monetary Fund (IMF") expects the industrial world to record solid economic growth next year after a lacklustre performance in 1992. International monetary sources said yesterday that
      Reuter  -  440 words
    • 274 3 Reuter BONN The Organisation for Economic Cooperation and Development (OECD) could revise down slightly its 1992 forecast for growth in its member states from 2.2 per cent, OECD secretarygeneral Jean-Claude Paye told a news conference yesterday. lie said the revision could come
      Reuter  -  274 words
    • 245 3  -  By Sylvia Wong SINGAPORE Local property consultant Jones Lang Wootton (JLW) is offering for sale by tender a plot of land in Shanghai's new development zone, Pudong. The irregularly-shaped plot of 79,589 sq ft is in the heart of Pudong's Lujiazui finance and trade
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    • 438 3 Reuter WASHINGTON Japan and the US are parting ways on fundamental economic policy, as Tokyo mobilises public investment to spur growth, while Americans relentlessly tread water with no government life raft in sight. Such a split at a time when both
      Reuter  -  438 words
  • Page 2 Advertisements
    • 216 2 ———v v v 1 1 Jr.. H Jm| J The rich potential of Asia and the assurance of investing with the UOB Group for as little as $1,000 Asia is expected to remain among the worlds fastest growing regions ACT MOW during the 90s Reflecting this potential, Asian stockmarkets have
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    • 153 2 I Singapore Jewellery-Mart is synonymous with I pVt fj I reliability, stability and service. I Free on cleaning and polishing of jewellery I f or an y Q f our walk-in customers. I Our rings, pendants, necklaces, earrings, in 18k and I BE/®* 22kgold are sold at truly com P
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  • Page 3 Advertisements
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • 104 4 LOCAL food and beverage companies must invest in quality control, packaging and product design to stay competitive internationally, said the Senior Minister of State for Trade and Industry, Lim Boon Heng yesterday. Speaking at the opening of Food Hotel Asia 92, he
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      • 66 4 THE Trade Development Board's Design Centre will be officially opened by Deputy Prime Minister Brigadier-General (Res) Lee Hsien Loong on Saturday. The centre, along North Bridge Road, aims to make local manufacturers more aware of design. For the next two months, the centre is offering
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      • 38 4 TEH BAN LIAN, chief executive officer and group managing director of Emporium Holdings, was elected chairman of uie Singapore Retailers Association (SRA) on March 21, replacing Steven Goh, managing director of Metro Pte Ltd.
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      • 89 4 EIGHT local companies are on a mission to Europe to explore tie-ups with small and medium-sized companies in Italy and France. The trip, from April 6 to 15, is led by the Economic Development Board and SGS-Thomson Microelectronics (STM). The companies involved will discuss joint-ven-ture
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    • 225 4  -  By Helen Chang A US trade mission, comprising potential investors in the US$75 million (Ssl23 million) Asia-Pacific Growth Fund, will arrive in Singapore on Friday for one leg of a two-week swing through Asia. The trade mission is sponsored by the United States Agency
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    • 178 4 DR RICHARD EU Keng Mun will replace Dr Ee Peng Liang as head of the Community Chest of Singapore on May 1. Dr Ee has been the head of the organisation since 1983. Dr Eu is chairman of Eu Yan Shang Holdings Ltd, a
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    • 265 4 SINGAPORE'S "cultural desert" is beginning to blossom, says Senior Minister of State for Education Dr Tay Eng Soon. There has been a resurgence not only in local drama, but in painting and writing too. It is a good sign for the arts scene, Dr Tay said
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    • 429 4 FORMER top civil servant George Edwin Bogaars died on Monday of heart failure. He was 65. During 29 years as a civil servant, Mr Bogaars, who retired in 1981, helped set up a new intelligence unit, a credible army and a vast state-owned commercial empire. His appointments
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    • 321 4  -  By Loh Hui Yin VIKAY INDUSTRIAL intends to concentrate on more valued-added products and research and development at its Singapore plant, leaving low-end production to its factories in Malaysia and China. The liquid crystal display (LCD) manufacturer wants to move into the production
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  • Page 4 Advertisements
    • 216 4 When you fly from Singapore to Germany on business, room around and in front of the seats. And in the aisles. you can expect nothing less than good mornings on Swissair. So the next time business calls in Germany, get an early Leave Singapore every day (except Thursdays), at 2105
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    • 134 4 Efl Durham Mn 1 University |f| DA EEQSSOBHHHh Founded in 1832, Durham is the third oldest University in England with a rich tradition as a centre of scholarship and research. It has maintained its leading role among British Universities through its unswerving dedication to the pursuit of excellence in all
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  • COMPANY NEWS 1
    • 360 5  -  By William Chia SINGAPORE The Stock Exchange of Singapore has queried Inno-Pacific Holdings Ltd on its results for 1991 as well as its two ill-fat-ed foreign investments. The SES, in a letter dated April 3, asked Inno-Pac to provide a breakdown of the
      360 words
    • 298 5 SINGAPORE Keppel Shipyard Ltd will help set up a manpower development project in the Philippines to meet the skilled labour needs of the shipbuilding and shiprepair industry in that county This one-year project is part of a technical assistance scheme between
      298 words
    • 302 5 SINGAPORE The portfolio of properties held by the United Overseas Land Ltd group to produce the group's recurrent income is worth $905.2 million at present capital value. These properties do not include Odean Towers and Tiong Bahru Plaza, which arc still under development.
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    • 560 5 MARKET South China Morning Post HONGKONG Management buy-outs are always to be welcomed as the involvement of the people running a business in its ownership usually works for the benefit of all concerned staff, shareholders and customers. Where such buy-outs have not
      South China Morning Post  -  560 words
    • 253 5 SINGAPORE ANA Hotels Singapore Ltd has responded to a Stock Exchange of Singapore query regarding the hotel's net losses of $2.7 million for its 1991 financial year. In a statement to the SES, ANA Hotels attributed the losses to the drastic drop in tourist
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    • COMPANY BRIEFS
      • 95 6 NEW DELHI India's single largest private sector company will try to raise US$lOO million (SSI6S million) in the overseas capital market to finance expansion plans, press reports said yesterday. Tata Iron and Steel Company (Tisco) chairman Russi Mody on Monday said the Euro-dollar
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      • 60 6 PARIS Nestle SA said on Monday that it has bought 22.1 per cent of Source Perrier SA's capital, giving the Swiss food group effective majority control of the world's largest mineral water group. It also announced that it has chosen Frenchman Serge Milhaud to head
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      • 51 6 PEORIA, Illinois Fewer than 3 per cent of the 12,000 striking workers at Caterpillar Inc returned to their jobs on Monday as a company deadline passed for strikers to resume work or be sacked. Members of the United Auto Workers have been on strike for five
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      • 49 6 AUCKLAND Brewer Lion Nathan Ltd expects to start accessing cashflow from its Australian unit National Brewing Holdings by the end of this year, Lion's chief executive Doug Myers said yesterday. Original forecasts were that Lion would not get a dividend from NBH until 1994.
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      • 45 6 TOKYO Japan's Dai-Ichi Kangyo Bank Ltd, Sumitomo Bank Ltd and Sanwa Bank yesterday said they planned to cut their short-term prime lending rates by five-eighths of a percentage point to 5.25 per cent at the end of this week.
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    • 430 6  -  From Catherine Ong in HONGKONG CHINA Merchants Holdings (CMH), the mainland shipping conglomerate, has bought a 15 per cent stake in Modern Terminals Ltd (MTL), one of two major container port operators in Hongkong, for HKSI.36 billion (*****.7 million). The deal, the
      430 words
    • 150 6 Li Ka-shing yet to decide on Olympia York assets AFP HONGKONG The colony's richest tycoon, Li Kashing, has not reached a decision about whether to buy some assets of the troubled Canadian property giant, Olympia and York, his holding firm's spokesman said yesterday. "There is no decision reached yet," the
      AFP  -  150 words
    • 359 6 AFP HONGKONG Luxury retailer Dickson Concepts intends to buy France's Charles Jourdan Group for 158 million French francs (Ss47 million), the Hongkong-based firm said yesterday. Joseph Wan, the group's finance director, said Dickson would initially buy a tranche of 7,999 Charles
      AFP  -  359 words
    • 363 6 SAN DIEGO Two years after it was acquired by Thailand's Unieord Group, San Diego-based Bumble Bee Seafoods Inc is now ready to create a new "tuna war" in the American market. The Bangkok Post reported. The company is plotting a strategy
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    • 351 7 Move ends 30-year accord protecting companies ownership Reuter ZURICH The Swiss Bankers' Association (SBVg) said it would drop a 30-year-old accord that helped Swiss companies stop foreigners from buying registered shares. The accord, a 1961 gentlemen's agreement between Swiss banks and industry,
      Reuter  -  351 words
    • 383 7 Reuter NEW YORK Standard and Poor's Corp affirmed International Business Machines Corp's coveted triple-A bond rating on US$l9 billion (5531.4 billion) of debt on Monday, giving the computer maker an unexpected vote of confidence. S&P, one of Wall Street's leading credit rating agencies, said
      Reuter  -  383 words
    • 342 7 Reuter DETROIT Chrysler Corp's lame-duck chairman, Lee lacocca, saw his income from the troubled automaker fall by more than one-third last year, reflecting the company's miserable earnings performance. According to proxy material for Chrysler's annual shareholders meeting, set for May 14,
      Reuter  -  342 words
  • Page 5 Advertisements
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  • Page 6 Advertisements
    • 176 6 -*<**-» S&S&&, <-t !><< *«-</>■>: <# «$P Q 4-,>. 1 v 'Or* B jHfcflk V pHQHpp fe^i We Probably Know More About Aircraft Than Any Other Airline. (We Also Build Them, You See.) Time was when our technical abilities extended merely to the maintenance ol aircraft. Till one day. when
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  • Page 7 Advertisements
    • 229 7 Creative Software Pte Ltd extends special upgradeOffer^^^ A Special Invitation To Our Free Seminars On EASY PAY 3 The Most Popular Payroll Software in Singapore, With Over 1,500 Users. EASY STAFF Award Winning Personnel Management System. EASY ASSET 2 The Upgraded Fixed Assets Software with Management Information Tools. EASY CASH
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  • FINANCIAL NEWS
    • 343 8  -  By Kooi Cho Teng SINGAPORE Korea International Merchant Bank is planning to expand its operations by setting up a network in South-east Asia, the bank's president Seung Nak Choi said here at a loan signing ceremony yesterday. The bank has not
      343 words
    • 639 8 MARKET Reuter HONGKONG Time is running against HSBC Holdings in its race to bid for Midland Bank as a Labour victory in this week's general election is likely to hit its share price harder than the British bank's, analysts say. Speculation in
      Reuter  -  639 words
    • 376 8 AP WASHINGTON First American Bankshares Inc, weakened by its connection with an outlaw foreign bank and losses from bad real estate loans, posted its biggestever loss of U*****.3 million (***** million) last year. First American, the largest bank holding company in the Washington area,
      AP  -  376 words
    • 548 8 Reuter FRANKFURT Faster growth in the last two months of 1991 helped Dresdner Bank AG post a 13.5 per cent rise in partial group operating profit in the full year against only an eight per cent rise by the
      Reuter  -  548 words
  • Page 8 Advertisements
    • 163 8 have what it takes. Thousands of trucks, hundreds of planes. And computers to keep track of them all and the parcels they carry. But we also know that this is not IB* I V aAAaaa*a After 80 years in the package delivery business, the greatest compliment you can give UPS
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  • Page 9 Advertisements
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  • THE REGION
    • 387 10 WASHINGTON The Bush administration would welcome a bill that establishes the authority of the US government to treat Hongkong as a non-sovereign entity distinct from China for purposes of US domestic law, but that bill need not be as
      387 words
    • 414 10 Govt already has strong platform: Richardson Reuter AUCKLAND Finance Minister Ruth Richardson said yesterday the government's economic policies would not be influenced by the need to fight a general election at the end of 1993. Amid increasing speculation. which she flatly denounced. that the
      Reuter  -  414 words
    • 243 10 AP MANILA Drought, environmental worries, ageing generators and poor planning have left the Philippines with a serious power shortage that threatens its economic growl h. Much of the criticism for the crisis has fallen on President Corazon Aquino, who abolished the Ministry of Energy after
      AP  -  243 words
    • NOTE BOOK
      • 99 10 SYDNEY The manufacturing industry in Australia's New South Wales (NSW) state is still in recession, despite early signs of an economic recovery in official data, a private business survey has found. A turnaround in the manufacturing sector in the state was not expected by
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      • 107 10 K.UANTAN RTM has not banned the screening of any advertisements for American products over television. Ministry of Information Parliamentary Secretary Datuk Haji Fauzi Abdul Rahman said. He said what was happening at present was that several advertisements of American products were suspended for
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      • 76 10 MANILA Relatives of Ferdinand Marcos have notified the Philippine government that the late dictator s remains will arrive from Hawaii on Sunday, and will not be used for political purposes, family spokesmen said yesterday. The notification, which came after the government reimposed a ban on
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  • Page 10 Advertisements
    • 245 10 15 OF SINGAPORE'S 20 MOST PROFITABLE COMPANIES RELY ON BUSINESS COMMUNICATIONS FROM TELECOM EQUIPMENT. BANKING EAJJhiNGS <tM) IST HAlf '91 IST HAlf '90 ISTMAIffI IST HAlf 90 CHANG* I I SnnMr»Ahtnw 390.10 390.30 (35.6U 3 2 H3.M ***** 3 J Dtt 140 06 ***** 739 4 4 oacamk H9.C7 HX
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    • 142 10 Croup Singmorine Industries limited (Incorporated in the Republic o* Singapore) To ALL WARRANTHOLDERS OF U5530,000,000 NOMINAL AMOUNT OF 1 PER CENT BONDS DUE 1994 AND 5550,000,000 NOMINAL AMOUNT OF 1 PER CENT BONDS DUE 1994 WITH WARRANTS ATTACHED SUSPENSION OF SUBSCRIPTION RIGHTS NOTICE IS HEREBY GIVEN that the Register of
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  • THE WORLD
    • 622 11 Continent now less affected by health of US economy NYT PARIS Europe's sluggish economy is painfully coming to terms with a new reality: signs of a modest recovery in the United States now matter less than bad news from Germany. The prevalent pessimism, called
      NYT  -  622 words
    • 607 11  -  From John Helmer in MOSCOW VLADIMIR Ilyich Lenin once said that governments do not fall by themselves they need help. In the past few days. President Boris Yeltsin's government has been getting a lot of that kind of help. Under fire from parliamentary
      607 words
    • 347 11 AFP SANTO DOMINGO Japan and several European countries on Monday demanded greater voting weight and representation in InterAmerican Development Bank (IDB) operations at the institution's 33rd annual meeting here. "It is an anachronism that the 17 member states called extra-regionals
      AFP  -  347 words
    • 282 11 Reuter SANTO DOMINGO International bankers gathered for the annual meeting of the Inter-American Development Bank (IDB) voiced caution on Monday following news that Peru's President Alberto Fujimori had dissolved the Congress. Bankers said they were hampered in analysing the event and its potential
      Reuter  -  282 words
  • Page 11 Advertisements
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  • 502 12 EDITORIAL THE BEARS have descended on the bourse and, no thanks to two local factors at least, may linger a while yet. Gnawing unease about slower economic growth, and then a crop of less than inspiring corporate results, have not done anything for investor confidence already
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  • WHAT THE OTHERS SAY
    • 288 12 EVER since February when Finance Minister Richard Hu announced a downward revision of this year's economic growth, a pall of gloom has descended over much of Singapore business and industry. Some quarters are even suggesting that initiatives as dramatic as those made by the Economics Committee in
      288 words
    • 124 12 THE HDB deserves credit for its continuing efforts to further improve the quality of the flats it builds. The latest scheme that allows buyers to choose the number of bedrooms they want and opt for colour coordinated sanitary fittings and wall and floor tiles is further
      124 words
    • 108 12 THE NTUC plans to set up a health care cooperative to run a hospital. As the hospital will be run as a cooperative, it is reasonable that people would expect it to provide efficient medical services at prices lower than other hospitals. But, even a cooperative must be
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  • REGIONAL VIEWPOINTS
    • 170 12 THE government dispatched a huge delegation to the last preparatory meeting of the Earth Summit, without deciding on its basic policy. More than anything else, blame must be placed on the catch-as-catch-can approach of our politics, leaving the matter entirely to bureaucrats, whether or not we
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    • 178 12 HUNDREDS of lives are lost in Hongkong because of a lack of willingness to donate organs for transplants. Patients facing a slow and painful death or a lifetime of deprivation could be helped if there was a more plentiful supply of organs. The shortage means that
      178 words
    • 187 12 THERE was the report where a policeman allegedly entered a school to collar a student in order use aggression on the child to get him to "confess to scratching his wife's car. It is clear that the policeman was overstepping the powers entrusted to him as a
      187 words
  • 1106 12  -  The US contends that Japanese keiretsu or loosely linked groups of companies which dominate the manufacturing economy work together to inhibit foreign trade. Michael Hirsh examines the issue Michael Hirsh AP WHEN THE chairman of Mitsubishi Corp had lunch with the other chiefs of Japan's largest industrial
    AP  -  1,106 words
  • 884 12  -  The close relationship between Japanese manufacturers and their suppliers has come under close scrutiny in the light of US charges that it creates an unfair barrier to foreign companies. David Thurber reports David Thurber AP TWENTY years ago, employees of Haruo Kurofuchi's packaging company worked 100-hour
    AP  -  884 words
  • Page 12 Miscellaneous
    • 30 12 DOONESBURY BY GARRY TRUDEAU txrtiseMB.FELLAHS, TM (UNION'S VtAh, AND WUJM! JEF&i'S rrikf, AN EXIT POU- FOR TOO HE'S SOT BROWNE GOT THE COURAGE MINPTEUING SUCK, TQMAKBNO JJJJ jUHO yOU'/OTEPFCR v'
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  • ANALYSIS
    • 1228 13  -  As the British prepare to go to the polls tomorrow, Neville Stack analyses the mood of the people and the possible outcome of the elections Neville Stack The writer is a London-based journalist who contributes to BT IT IS looking like the
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    • 910 13  -  Hongkong-based media giants may have to start making new plans in the Face of rising costs and a choice of other locations to set up shop in. Salil Tripathi looks at their alternatives Salil Tripathi RISING costs, technological advances and availability of other locations are
      910 words
    • 406 13  -  Salil Tripathi looks at the problem Dow Jones faces when trying to get foreign correspondents to return Salil Tripathi DOW JONES and Company had a problem. In the businesses their publications report on, human resources managers often complained that they found it difficult convincing
      406 words
  • Page 13 Advertisements
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  • Page 14 Advertisements
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  • SPORTS 1
    • 476 15 Reuter AUGUSTA. Georgia David Leadbetter, teacher of some of the biggest names in golf, thinks many of his prized pupils have a good chance at winning this week's Masters but Seve Ballesteros is his special favourite. "He's right on track," Leadbetter said of the
      Reuter  -  476 words
    • 357 15 AP STUTTGART. Germany Porsche has run into recession pot holes and the road ahead looks even bumpier for the German maker of luxury sports cars. Slumping profits, falling sales and management disputes have tarnished the company's image and raised doubts whether it can survive
      AP  -  357 words
    • SIDE LINES
      • 101 15 AUSTIN Texas Nigerian Olapade Adeniken clocked 9.97 seconds for the 100 metres, the 10th fastest run of all time, to take the 100 metres at the Texas Relays meeting here over the weekend. The run made Adeniken. a student at the University of
        101 words
      • 79 15 ORLANDO. Florida McDonald's Corp on Monday said it would become the ninth sponsor of the 1994 World Cup. "This represents our first global sponsorship of a sporting event" said David Green, vice-president of marketing tor McDonald's, which is holding an owner-operator conference in Orlando. "Our 22
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      • 58 15 KINGSTON, Jamaica South Africa could be without wicket-keeper David Richardson for the opening match ot its historic tour of the Caribbean yesterday, the first of three one-day internationals against the West Indies. Richardson, the only specialist keeper in the squad of 14, was hit on his right foot
        58 words
      • 74 15 WELLINGTON South African five-eighth Naas Botha and Australian flanker Simon Poidevin have been invited to join the World XV team to play New Zealand in three centenary rugby tests this month. World XV coach Brian Lochorc said the two had been approached after Michael Lynagh of Australia
        74 words
    • 449 16 AP BARCELONA Sergi Bruguera is a local hero, a Barcelonian among the world's top dozen tennis players. He's a clay-court expert, making him a top contender this week at the Conde de Godo tournament. But he was virtually ignored after a practice on Monday while photographers and
      AP  -  449 words
    • 601 16 Reuter SYDNEY It took just 70 seconds to convince the Australian professional boxing world that young Russian fighter Kostya Tszyu was. in the words of the country's top trainer, "a kid in a million". Johnny Lewis, trainer of world champion Jeff Fenech, had told Tszyu before
      Reuter  -  601 words
  • Page 15 Advertisements
    • 527 15 Ton-WIMNo:7B7-OOP F«X No: 734 3008 With immediate effect, Mr Soh Peng Haw, IC no: *****21 /F is no longer in the employment of PRIME AD (S) PTE LTD. He is therefore not authorised to transact or collect any monies for or on behalf of the company. IN THE MATTER OF
      527 words
    • 129 15 ''Cf Our 4th Golf Pro Shop at qv #03-01/03 Liang Court Complex C/ q 177 River Valley Road < s 9 Qo 0 Singapore's^.golf <, As ,hwher 3 reUil establishment announces the fj* u y outlets, we cater for all level of official opening of its newest golfing skills and
      129 words

  • Page 16 Advertisements
    • 704 16 BUSINESS TIM E S Toll fro© Tel No 737 0043 'Fax No: 734 3698 9 Focal Finance FocaJ Finance Limited Incorporated in Singapore (A Member of the OCBC Group) ANNOUNCEMENT Pursuant to Article 32(4) of the Articles of Association of the Company, it is hereby announced that from declarations received
      704 words
    • 128 16 $1 i iUfT' JVtA. il^X^m*h| ■H I 1 1 *fm i Hi—— HiL HBi r- aMMK T' IE '^^SffidSfeMMWHMMWHMM^^^i'»J|"« mL u#nu SI Hil I HHi -3? s ''•^raSffe pr ffl ■NV g ™L_in 111 i j <tjjfey-^'-Jl3 Ii 9I ■■R3^sM!HBEiBH^Bi^^^p MB jjpjLC|s|M Wnm !hzsr 1 JKs isj3Bm !Ib! M 1
      128 words

  • THE LAW PAGE
    • 729 17  -  Singapore wants to carve a name for itself as a business arbitration centre. In a series of five articles on arbitration issues of which this is the first David Gabriel looks at the role of the Singapore International Arbitration Centre David Gabriel
      729 words
    • 389 17 CASE L ARAVEANTHAN V NIPPON PIGMENT (S) PTE LTD High Court of the Republic of Singapore, Suit No 5284 of 1986 Justice Yong Pung How, Chief Justice. AFTER an industrial accident in 1985, the Nippon Pigment company was accused of negligence or breach of statutory duty. The plaintiff.
      389 words
  • Page 17 Advertisements
    • 116 17 m The Swire Group < CATHAY PACIFIC FIRST r CATHAY PACIFIC ARE PROUD fO UNVEIL CATHAY PACIFIC FIRST. THE RENAISSANCE OF FIRST CLASS TRAVEL. V' V it (^/first c i The new CATHAY Pacific First is a contemporary interpretation of a time when the privileged few travelled in extraordinary comfort
      116 words
    • 502 17 BUSINESS TIMES ToH fr— TM No 737 0043 Fax No: 734 3006 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LUCKSTAN PTE LTD NOTICE OF SPECIAL RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP (PURSUANT TO SECTION 290) At an Extraordinary General Meeting of the members of
      502 words
    • 491 17 IN THE MATTER OF THE COMPANIES ACT. CHAPTER SO ANO IN THE MATTER OF MAOPAC PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companies Act, Chapter 50, that the FINAL MEETING of the Members ot the abovenamed Company will be held on
      491 words

  • Page 18 Advertisements
    • 805 18 Nothing Beats A Bud. IMa where to wine, pine ORGANISE YOUR OWN KARAOKE! It's your very own Karaoke party! King's Hotel has come up with a Daily Karaoke package for groups of 10-200 people from 12 noon to 5 pm. After your Penang Buffet Lunch, the Ist round of drinks
      805 words
    • 315 18 fc %Jl^BPlr^liiS^B -:-;wv/ v-fryggj^mL'-. srtl-J? 'a ■I P wMjjt&Z- You'll enjoy our delicious selection of authentic Beijing Dian Xin served amidst the splendour of an Imperial ■P Court. May we expect you today? V From noon to 2.30 pm. HOi/A, B Ala carte menu available. fl»iQ f 9HMH Mtwiiiitopw 333
      315 words
  • Page 18 Miscellaneous
    • 624 18 TELEVISION AND RADIO *"*> i i 1,1 ;•;>■ ■iniwilfT parents were 6.00 News(M). I BUSINESS ON RADIO A *11 1 SBClJfj"', killed by the Viet Cong. 6.30 With the Quran. I lA"¥"| I I served as a guide and gather- 7.00 CNN. BBC, 88.9 mHz in VHF Band II I
      624 words

  • LIFESTYLE
    • 927 19  -  Mervyn Rothstein profiles one of America s best-loved and most prolific science fiction writers Mervyn Rothstein NYT ISAAC ASIMOV, the pre-eminent popularscience writer of the day and for more than 40 years one of the best and best-known writers of science fiction, died Monday at
      NYT  -  927 words
    • 436 19  -  Sue Leeman on some unusual candidates in the UK polls Sue Leeman AP A "LORD" in a tigerprint suit and top hat, a portly brothelkeeper and 300 low-flying followers of a maharishi are making wild pitches for votes in Britain's national election. Eighty-four parties are
      AP  -  436 words
    • 303 19 CHATTERBOX INSIDER trader l*an Boesky hasn't exactly gone from Wall Street to Skid Row but he still wants more than USSI million (551.65 million) a year in support from his estranged wife. Boesky, 55, who spent 22 months in prison for
      303 words
  • Page 19 Advertisements
    • 155 19 AND ENTERTAIN I Ra Shai Mase For the fresh and flavourful taste of Japanese haute cuisine only at Unkai Japanese Restaurant. Lunch 12 noon to 2.15 pm Dinner 6.30 to 10.15 pm. A ANA HOTEL For reservations, SINGAPORE please call 732-1222 ext 1589. 6 1222 OUR SALMONS ARL ALIEN to
      155 words
    • 29 19 Lunch $9.00 Dinner $13.50 Enjoy our Shabu Shabu Sukiyaki <S Barbecue RESTAURANT KpBE Tel: 734-6796 4th fir Unit 04-06 07 Tanqlin Shopping Centre Air flown KOBE BEEF also available
      29 words
    • 338 19 SIWiVG YOUR WAY TO THE 1992 BRITISH OPEN vijLL > 3iiAL BRITISH OPEN ajSw 1992 an opportunity to This promotion period is a 750 ml bottle of swing your way only valid from March 6 Ballantine's Gold Seal to the British Open 92. June 6 1992. plus a Participation Participate
      338 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3291 20  -  By Kooi Cho Teng SLOWED in part by a post-holiday lethargy, Singapore stocks barely budged despite the Tokyo market's sharp fall yesterday. The Straits Times Industrials Index slipped a mere 1.34 points to 1.385.47 in thin trading, in contrast to the Nikkei Average's 644.82
      3,291 words

  • 2562 21 OCBC Foreign 1080 20 1.9% g IA 1240 +10 fO.8% *mb Shipyard 730 +10 +1.4% GPB SSl 60 466 +6 +1.3% Inchcape 515 +5 +1.0% NOL Pref 10* 510 +5 +1.0% OUE 745 +5 +0.7% RDC 299 +5 +1.7% Roth Inds 50« 605 +5 +0.8%
    2,562 words
  • Page 21 Advertisements
    • 124 21 YOUR KEY TO BETTEREUSINESS DECISIONS! Shine is Singapore Press Holdings' inforich database financial statements highlights, graphs, latest results team: T. S. Liu on 740 1035, Hazel Ong on 740 1771 on Teleview, which incidentally is the most advanced and company news. or Tony Chia videotex! system in the world. For
      124 words

  • 2837 22 Dunlop Est CUI S 160 4-14 9.6% Perils Plant 530 4-10 +1.9% Rothmans M 50* 825 +10 +12% Esse 50" -Ho +6 +14% Ganda Hldgs 69 +5 +7 8% Gentings 50* 745 +5 +0.7% H Leong Ind 50" 565 +5 9% M Banking 505 +5
    2,837 words
  • Page 22 Advertisements
    • 155 22 Visit our Spanish Food and Equipment Pavilions at Food Hotel Asia '92 jspp r hHhr I Food and wines from Spain <^*®MI S^BBBBJP Olives, olive oil, capers JOSEP MASACHS, S.A. v Cava (Spanish sparkfing wine) Hotel and restaurant equQment from Spam SAFINTER, S.A. EQUIPMENT PAVILION Saffron «:r>T m A vti
      155 words

  • BT SHARE INFORMATION SERVICE
    • 1010 23 Current Ex Books Date Total lor Total for payment date dose payable the year last year i cma 51 Jun 5 Jun 18 Jul 2 5% 5% Amtell Em 50c 6%IE(I) Apr 15 Apr 21 Apr 30 12%TE 12%TE Asean Fax) USlOC(b) Mar 10 Mar 20 Mar 30
      1,010 words
    • 1033 23 Company Date Year Croup pre-tax Net earnings Gross ann to profit/loss (L) P«r share dividend (•000) (conts) Gentings Apr 2 Dec 91 M$581.999($474.929) 125 3(102 3) 40(135) r iH si sss SSS5SU.J-, ssa. £.T ES S£», SU* jgU UPP Mar 31 Dec 91 $1,101(11.017) 12(107) 2(2) Wepco Mar
      1,033 words
    • 282 23 Mm BmN Last FuN Year Forecast Date Net Net Profit EPS Mined Year EPS Gross profit Range Range Co*** Period last yr ending (cts) dn (S OOO) (SSm) (cts) TfcesP* I Apf 19 Aug 92 295 100 28.013 17 2-37 3 141-309 SP* I Ap» 26 Aug 92
      282 words
    • 227 23 Msm Soartl Full YMf (mm Hmi Date Ye* CPS Crop Ng announced ending (cts) db prt« ETJT (SVOOfl) EMS Final Nov 6 iul 91 3 OTE 1^8781 Tft, Final Mar 28 Dec 91 4 9 9.5 5.056 UOf Final Mar 28 Dec 91 10 6 6 0
      227 words
    • 499 23 Company Oat. Half-year GrMppre-U* Interim ann to proflt/los» (L) dhrWeno (•000) H Leong Credit Mar 31 Dec 91 M$38.558( $19,470) Burw.ll Mar 31 Dec 91 HK$14.779($11.169) 25(25) InsasBhd Mar 31 Dec 91 M$2253l($52lll) -<-) Material H Mar 31 Dec 91 $2971(1549) Tongkah Mar 31 Dec 91 $2.209l($1.514l) P)
      499 words
    • 195 23 Company D.t. Year Group Hat Not earnings Gross ann to profit/loss (L) per shar# dividend (*000) (cents) BAT Apr 1 Dec 91 529.759(530.304) 331(338 347(32) SJrtas Mar 27 Dec 91 M511.900<M54 720) 10 76(91) 5(4 7) S S Mar 27 Dec 91 M544.255(M534.172) 68(58) MUMfp Mar 23 Dec
      195 words
    • 101 23 Go!d\otn Ltd has managed to get a re-listing onto the SES. but on Sesdaq after being previously suspended. Sng materials group. Poskn Bhd made .ts debut on the KLSE yesterday. Hbawang Group has lomed forces with one of jjWg and most aggressive property groups, S»no Land, to set
      101 words
    • 354 23 Company Rights Issue Rights issue of 35% Redeemable Unsecured Guaranteed Bonds on the basis of $2 00 nominal amt with one TSR tor every three shares held Tat Lee Bank R«Ms one-tor five fe 1245 per share Two rights issued for one warrant at an exercise price of
      354 words
    • 58 23 Conversion Special Trig Scripless Conversion deadline Period Trading Compam starts (IDP) (ST) Centrepoinl Mar 30 Apr 21 Apr 8 Apr 21 Apr 22 First Capital Mar 31 Apr 22 Apr 9 Apr Apr Hai Son Hup Apr 1 Apr 23 Apr 10 Apr-3 Apr Semb Ship>ard Mar 20
      58 words
    • 122 23 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 hifh: 1316 68 21/2/92) hijh (07/4/92) 1992 km: *****7 (03/4/92) tow 1M1N* *****8 <3/6/91) J®' n4S0g ,,5/1/91) 1991 low: 1022.52 (16/1/91) "J (27/3,90) isj? s 52 sK« see "£8 sss srs <s 6 65) Turnover 1992 hWr. 1316m (16/1/92) BT-MGA
      122 words
    • 370 23 In local curr In SS In L'SS S dy S yr dy S yr S dy S yr Index chge chge chge chge chge chge WorU 381.4 0.5 -6.6 0.2 -8.3 0.7 -10.0 1EAFE 455.5 0.4 -9.3 0.4 -12.8 0.9 -14.4 Europe 425.1 0.6 3.4
      370 words
    • 697 23 Buv/ Shares Amount Stawiold.tgs sr sc* szsz,*** NatSteel 26/04/92 Street Names TemaseK rto,dmgs (pte) Ltd -J 20.000 74.037 *****.698 1905 ***** 698 1906 Sime Spore 01/04/92 Street Name? Chan Kong leong 23 500 16 309 880 74 93 16.314 880 74 95 Orchard Parade 01/04/92 Far East
      697 words
    • 629 23 Company Rights Issue AKance Tech Oneforone to tl 00 per share Bedford Issue of $175 lm nominal amount of 551 Bank Guaranteed Bonds 1992 97 with detachable transferable subscription (TSR) on the basis of one TSR for every four ordinary shares <« M$0 195 for each TSR Bolton
      629 words

  • STOCK EXCHANGE OF THAILAND
    • 1924 24 Reuter UPI STOCKS closed higher yesterday on growing market expectations that army chief Suchinda Kraprayoon would accept the premiership, brokers said. The SET Index ended 5.77 points higher at 832.39 on a moderate 5.6 billion baht turnover. Advances led declines 127 to 91. Bangkok
      Reuter; UPI  -  1,924 words
  • Page 24 Advertisements
    • 317 24 j l—srj-uLJJI JJJL. Jl y*—>>l (Z&tx THE 2ND INTERNATIONAL MUSLIM FOOD TECHNOLOGY EXHIBITION fMFEX 92 Sy w i Yr T« :c—Sj-Jl J— DATE: 20 23 AUGUST 1992 VENUE: WORLD TRADE CENTRE (HALL 6) SINGAPORE Statistics show that total imports of foods by over 1.2 billion Muslims in the World exceeds
      317 words
    • 195 24 FOR A BRIGHT, BREEZY LIFE-STYLE, MOVE TO MANDARIN GARDENS J Full-Service Accommodation by the Sea Mandarin Gardens is the only resort-style accommodation that offers you a wide range of amenities for a new lifestyle. The sun, the sea and open spaces. It's waiting for you. •15 minutes to the airport
      195 words

  • TOKYO STOCK EXCHANGE
    • 2550 25 Reuter TOKYO Stocks plunged and the Nikkei Average closed below 18,000 yesterday for the first time since November 1986. Arbitrage unwinding and institutional selling battered prices as most investors retreated to the sidelines amid a continuing dearth of buying incentives, brokers said.
      Reuter  -  2,550 words
  • STOCK EXCHANGE OF HONGKONG
    • 2181 25 HONGKONG Shares staged a solid rebound in continued quieter trading, as bargain hunters took heart after yesterday's intraday bounce that pared sharp early losses. The blue-chip Hang Seng Index jumped 29.53 points to close at 4,926.43, while turnover improved to HK.51.77 billion from Monday's HKSI.3B
      2,181 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2043 26 Reuter THE stock market closed stronger but oft its highs after Japan's Nikkei index closed below the key 18,000 mark for the first time since 1986. The local market made big early gains after overnight strength in New York and London and ongoing
      Reuter  -  2,043 words
  • REGIONAL STOCK MARKETS
    • Manila shares rise despite strikes, blackout
      • 552 26 MANILA share prices edged mostly higher yesterday on market optimism despite a fourth day of airport workers' strikes and power outages. Manila's Composite Index gained 8.39 points to 1,139.82. Electric power was lost in the afternoon and many striking air traffic controllers are still refusing to return to work
        552 words
      • 537 26 LATE selling pulled Taiwan stocks down yesterday to finish lower on thin turnover but brokers said further falls would be limited and 4,600 points would support the market. The weighted index finished at 4,613.74, 38.36 points lower than Monday's 4,652.10 close. Turnover was NTS 12.37 billion against NTS 11.8
        537 words
      • 762 26 THE Seoul stock market fell 10.93 to a 1992 low of 579.09 yesterday as investors dumped shares on worries over tighter money this month, brokers said. "April is the month companies need money most to pay taxes and dividends' The Bank of Korea's plan to squeeze money supply this
        762 words
      • 60 26 SHARE prices fell sharply on Monday on widespread profit-taking amid fears the Government might intervene to cool the overheated market, brokers said. "People wanted to get ahead of the market," broker Arvind Dalai said. The Bombay Stock Exchange Index fell 175.68 points, or 4.15 per cent, to 4,062.57. The
        60 words
      • 124 26 New Zealand Aor 7 NZ Cents Vol( OO) ANZ Banking 555 15 172 Bank Of NZ 62 unch 5378 Brieriey Inv ZZZZZ'92 I ***** Carter Holt 230 unch ***** gg» S ,287 City realties 24 -I U4 Corp Inv 41 1 4304 -a +26 114 Euronalional -23 F&Paykel 252 +5
        124 words
      • 49 26 INDICES TURNOVER Close Apr 7 Plt*Vm5 NEW ZEALAND NZSE-40 Capital unav 1.401.3 MANILA Composite Index Turnover (million) 1.139.82 390.9 1.131.43 224.9 +8.39 166 TAIPEI Weighted Price Index Turnover (NTS billion) 4.613.74 12.37 4.652.10 11.8 -38.36 +0.57 SEOUL Composite Stock Index Turnover (billion won) 579.09 287.84 590.02 300.51 -10.93 -12.67
        49 words
  • Page 26 Advertisements

  • WORLD STOCK MARKETS
    • Oil share rally fuels rise on Wall Street
      • Article, Illustration
        1281 27 BLUE-CHIP stocks closed higher on Monday, fuelled by a rally among oil issues, while the dollar ended slightly lower amid the absence of new economic developments. Secondary stocks improved on last week's poor performances, supported by computerised buy programmes, and some investors were optimistic ahead of the first
        1,281 words
      • Article, Illustration
        810 27 LONDON shares rose on Monday on the back of strong futures markets, with demand seen for the June futures contract on the first day of the new account, and a firm opening on Wall Street. The market has now priced in fears of a "hung Parliament" and a narrow
        810 words
      • 402 27 IN A classic case of "sell on the rumour, buy on the fact" German shares rose 0.9 per cent on Monday on the back of state election results which turned out every bit as bad as the market had expected. A strong vote for right-wing extreme parties and the
        402 words
      • 256 27 STRONG bond prices and a sense ot relief that last week's French political uncertainty has passed pulled the bourse up 1.65 per cent in moderate trade on Monday, dealers said. The CAC-40 index jumped 32.04 points to 1,974.77 on typical volume of 2.4 billion francs. "With Italy, Germany and
        256 words
      • 296 27 SHORT-COVERING ahead of the results due after the 1200 GMT close of polling on Monday boosted Italian shares, although trading volume remained light, operators said. "It's only a technical adjustment ahead of the results of the elections." one broker said. Exit polls that will give the first indications of
        296 words
      • 262 27 SWISS shares closed a moderately active session higher on Monday in line with other European bourses as the market turned to the insurance sector, which had been rather neglected in recent weeks, dealers said. They said volume in insurers remained light but there was some speculation that Swiss major
        262 words
      • 81 27 PRICES on the Stockholm bourse closed higher on Monday as interest rates fell back in market optimism that a financial crisis in neighbouring Finland would not seriously affect Sweden. "The atmosphere changed completely as market worries about possible devaluations blew away with Finland's announcement that it had a swap
        81 words
      • 154 27 BELGIAN shares closed lower on Monday but above the day's lows in moderate trading on position-squaring on the last day of the forward market account. Traders said new budget measures announced this weekend also weighed on the market. "If this is only the start one can wonder what will
        154 words
      • 73 27 GOLD shares lost 3 per cent of their value in low volume trade on the Johannesburg Stock Exchange at midday yesterday as a combination of the weaker gold price and the strong financial rand took their toll. The rest of the market was also easier with investors still nervous
        73 words
      • 270 27 SHARP gains in oils countered losses in banks, leaving Toronto stocks flat after slow trade on Monday, dealers said. Escalating tensions between Iran and Iraq and a jump in IPE May Brent crude oil above a major resistance level of US$l9 per barrel boosted oils. The TSE 300 closed
        270 words
      • 76 27 INDICES TURNOVER NEW YORK Dow Jones S&P 500 Turnover (million) Apr 6 (lo*r Previous 3.275 49 3.249.11 +26.38 405.59 401.55 +404 179.91 202.0 -22.09 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.859.2 2.400.9 4108 1,851.4 +7.8 2.382.7 18.2 532.7 -121 9 FRANKFURT DAX Index 1,734.62 1,719 63 +14.99 AMSTERDAM
        76 words
  • Page 27 Advertisements
    • 25 27 The market reports for Amsterdam, Zurich and Brussels were not available. Innovation Technology in Business Times every Tuesday advertise Appointments W or Notices, call toll-free
      25 words

  • CURRENCIES/COMMODITIES
    • 1251 28 SIMEX EURODOLLAR F Open High Low Sett Est Vol Act/Vol Op/lnt Jun 92 95 62 95 64 95 61 95 62 50U0 8868 ***** Sen 92 95 95 33 9S.30 95.31 5930 7081 ***** J, X «65 ££> "4 65 >MJ :w; 72» I Mar 93 94 42
      1,251 words
    • 673 28 REPORTS GOLO HONGKONG: Gold closed sharply lower yesterday on late European selling and liquidation from Japan, offsetting early light physical demand, dealers said. Local gold ended HK$2O lower at HK53,127 a tael. Coins were down by between HKS3 and HKSS. Tokyo: Yen-based platinum futures closed
      673 words
    • 419 28 Cross rates Apr7 USS ss MS Dm Yen SFr A$ NZS USJ 1 6520 2 5685 1.6250 133.10 0 5727 1.4920 1.3106 ***** SS 0 6053 1 5548 0 9837 80 5690 0 3467 0 9031 0 7934 1.1107 MS 0.3893 064 0.6327 51 8201 ***** 0
      419 words
    • 538 28 Interbank rates SS Bid Offer Overnight 3 5/16 3 7/16 1-month 3 3/16 3 5/16 2-month 3 1/4 3 3/8 3-month 3 5/16 3 7/16 Overnight mode: 3-1/8 LSS Bid Offer 7 days 4 1/16 4 3/16 1 month 4 1/8 4 1/4 2 months 4 1/8 4
      538 words
  • 1068 28 Rubber A Pr MS (M la Mm) S cents/kg Noon Close Int 1 RSS Prompt Int 1 RSS May 92 Int 1 RSS June Int 2 RSS OP Int 3 RSS OP Int 4 RSS OP Int 5 RSS OP I42.25/I43.25N 143 00/143 50 144 50/145 00 140 50/141
    1,068 words
  • Page 28 Advertisements

  • 1118 29 City FNgkt ETA FligM ETO City Ftigkt ETA Flight ETD Mm DhaM GA887 1415 GA894 2015 SQ103 MH605 SQ105 MH642 0950 1020 1050 1220 SQ104 MH670 0830 MMaMa QF5 SQ228 2010 2040 0950 SQ23 GA894 2015 SQ107 1305 SQ106 1045 KL833 0955 KL834 2325 SQ109 1405
    1,118 words
  • THE TRAVEL PAGE
    • 618 29  -  POSTCARD FROM TEL AVIV Byi Clyde Haberman Grigory maTYUKOV rolled up his sleeve to show the bandages wrapped around his left wrist. That's what comes from playing music on the street, he said. For 25 years, Matyukov was a cellist in Tashkent, Uzbekistan, and he did
      618 words
    • 151 29 As at 3pm yesterday; Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2535 1.2710 Canadian dollar 1.3735 1.4015 NZ dollar 0.8886 0.9070 Sterling pound 2.8692 2.9080 US dollar 1.6470 1.6540 Local dollars to 100 anits of foreign omency Austrian schilling 14.12
      151 words
    • 73 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td April-May International Fair Buenos Aires. Interexpo 541-*****1 May 11-15 Electric Power Graz, Austria Grazer Messe (43)316/***** on Construction Argentina Sudamericana Generation. Power International Materials SA Distribution Technology Exhibition Mav 7-16 International Predio Fenal Machine Tools 541-*****3 no
      73 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 knew Europe from aUrt to Finnish.
      41 words
    • 195 29 ■HfcP YSON FANS Matthews Yates, a British company which has been awarded the coveted ISO9OOI standard, has taken over the production of the internationally renowned Myson Fans. ©With more than 100 years in fan engineering, Matthews and Yates combines experience and tradition with a thoroughly modern approach to the industry.
      195 words
  • Page 29 Miscellaneous
    • 311 29 1 Retains until there's total stoppage |B|H M H I i 9 Archaic acts (4) hoT 10 Support by an employee P *****11 isn't new (6-4) m ■TTH i 11 The young create disorder 12 This could well give rise to 15 Trade is bad, though up hHHI IB 16
      311 words
    • 195 29 Singapore j Outlook: Showers over several areas in the late morning and early afternoon. Report Maximum temperature 33.5 Assoc humidity 56% Minimum temperature 24.9 Assoc humidity 100% Hours of sunshine 9.35 Rainfall in mm 15.0 Rainfall this month 22.0 Rainy days this month 3 World report Asia-Pacific Hi/Lo* Cond. Auckland
      195 words
    • 32 29 SNPP OOT OF IT rn S«NG<HG av«r ft LDUSV ROTeJ 6RiSTOU)...TmeTO RFVHfj noNDfty>'t»i S3RKQS cM£&R VO'-'RSS.'J 7 TOTWCSKIM RyMNiNG i*3 v #<gSp -B^l BfaSO V>J <- /c ASSOCIATED NEWSPAPERS LTD. IW IWi feiiCAJU.
      32 words

  • 442 30 Calls for referendum on new Constitution AP MOSCOW President Boris Yeltsin yesterday warned the Russian Parliament against reducing his powers and tried to fend off hardline critics by speeding up formation of a separate Russian army. Addressing the Congress of People's Deputies, the
    AP  -  442 words
  • 372 30 Reuter ROME Pressure grew yesterday for an urgent reform of Italy's voting system and fresh elections after inconclusive weekend polls left the political system deadlocked. "The ruling coalition has been buried without (leaving) a successor," proclaimed the leading financial daily II Sole 24 Ore.
    Reuter  -  372 words
  • 234 30 AFP BEIJING One hundred companies are expected to list on the Shenzhen bourse by the end of the decade, and the most important stocks will be those which foreigners are allowed to buy. The Xinhua News Agency said yesterday that before
    AFP  -  234 words
  • 404 30 Reuter AP NYT TOKYO China's Communist Party chief lashed out yesterday at what he tailed strong-arm tactics aimed at achieving domination in an uncertain post-Cold War world. "Some countries tread on the sovereignty of other nations and interfere in their internal affairs. This has
    Reuter; AP; NYT  -  404 words
  • 268 30 Reuter BEIJING The government must tighten dictatorship over ethnic separatists in the border region of Xinjiang to crush any repeat of the "political turmoil" that shook China in 1989, an official newspaper said. Officials must deal harshly with religious and ethnic activists
    Reuter  -  268 words
  • 296 30 AP LIMA Peruvian lawmakers struggled yesterday to reverse President Alberto Fujimori's power grab but there was little protest from the ordinary people, who are burdened by poverty and frustrated by ineffective government. The legislators were locked out of Congress by soldiers after Mr Fujimori announced
    AP  -  296 words
  • Page 30 Advertisements
    • 295 30 ICHARTPOINT Every Saturday in Business Times lij TH R ORCHARD HOTEL i —i- -4 i4'xhv B SHOPPING ARCADE j —i—| —L i "K H J ISv SPLKNDW RETAILING SHOPS OPPORTUNITIES LEASE PREMIER SHOPPING AND ENTERTAINMENT BELT 4 IPilPll 4 arall |iy Orchard Hotel Shopping Arcade is strategicallY positioned to tap
      295 words
    • 132 30 [CHARTPOINTI Every Saturday in Business Times I SBC actresses Agnes Tan, Huang Yuling andAileenTan Variety is the Spice of life These young Singaporean odresses are aware Cantonese to Seafood. What's more, our friendly 3 f the notion that variety is what and courteous staff will make sure your visit to
      132 words
    • 8 30 Bankers take cautious stance on Peruvian events, Pgll
      8 words

  • SHIPPING TIMES
    • 381 31  -  By Dexter Lee SINGAPORE Singapore Airlines has suggested a dual approach as the way towards greater liberalisation of the global aviation market. According to SlA's director of corporate affairs Mathew Samuel, countries which advocate competition ought to pioneer a multilateral framework where other
      381 words
    • 580 31 Reuter SINGAPORE Turnover of bunker ship fuel hit record levels in Singapore in 1991, but industry sources expect slower growth this year because of hot competition from other Asian bunker ports and a poor outlook for the shipping industry. Singapore's latest trade
      Reuter  -  580 words
    • 189 31 Reuter HONGKONG Dynamic Holdings said its takeover of Chung Wah Shipbuilding and Engineering (Holdings) Co Ltd is proceeding and that it will raise HKS2SB million through a rights offer (SSS4 million). A shareholders meeting on March 23 approved a reorganisation of Chung Wah whereby its shareholders
      Reuter  -  189 words
    • 1154 31 Page Col ABC Containerline 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
      1,154 words
    • 247 31 UPI TOKYO Shipowners agreed on Monday to cooperate in ensuring the safety of vessels from mounting incidents of piracy in the Straits of Malacca and appealed to coastal nations to help protect their ships. "This problem is primarily one of our common concerns,"
      UPI  -  247 words
    • 386 31  -  By Rahita Elias SINGAPORE AEI Warehousing Distribution (S) Pte Ltd is planning to build a $28-million distribution centre in Changi South in two phases. General manager Ang Thian Chin said that the company is now awaiting government approval for the project. If all
      386 words
    • NEWS SUMMARY
      • 35 31 PIRATES arc roaming the waters off South-east Asia. Africa and Latin America in speedboats and toting machine guns, a far cr\ from their old trademark of a skull-and-bones flag Page 2
        35 words
      • 52 31 DELTA Air Lines charged in a lawsuit on Monday that the creditors committee in the bankruptcy of Pan American World Airways had taken a series of destructive steps that led to the liquidation of Pan Am and then sought to pin the failure on Delta
        52 words
      • 43 31 TROUBLED Canadian property giant Olvmpia and York Development Ltd said on Monday it hoped to finalise an agreement this week to extend a London underground railway line to its Canary Wharf office development Back Page
        43 words
      • 45 31 WHEN USAir begins operating the Trump Shuttle on Sunday. the name on the airplanes will change. But USAir will face the same stiff competition from Delta Air Lines, which bought the Pan Am Shuttle in September Back Page
        45 words
      • 31 31 OFFICIALS shut down the radar approach to Manila's airports yesterday as striking air controllers defied government back-to-work orders for a third day Back Page
        31 words
    • LOG BOOK
      • 138 32 VANCOUVER The Alberta Wheat Pool said no date has been set for a resumption of talks lo end a strike by 20 unionised office workers that has shut down its Vancouver port grain terminal since March 18. "As far as I
        138 words
      • 72 32 LONDON The Saudi Arabian container carrier Al Ihsa'a is anchored off Colombo awaiting bottom surveys after grounding, Lloyds Shipping Intelligence said on Monday. The 35,615-dwt vessel grounded on April 5 off Negombo while approaching Colombo Harbour and was refloated the same day. The vessel sustained no
        72 words
      • 67 32 LONDON Fire damage to the Panamanian ore carrier Hokkaido Star is to be repaired at Ulsan, South Korea, Lloyd's Shipping Intelligence Service said on Monday. The permanent repairs will take an estimated 80 days afloat. The 167,698-dwt vessel sustained damage to its main
        67 words
      • 64 32 ILOILO, Philippines Pirates robbed a tourist yacht in the central Philippines last weekend, killing one Filipino crew member, police reported yesterday. Regional Police Director Frederick Romero said seven armed men in military uniform riding a motorboat intercepted the 22.5-metre schooner Parati about midnight on Saturday
        64 words
      • 119 32 HONGKONG Two farmers in eastern China have set up the country's first privately managed airline, it was reported here vesterday. The new airline, Tianlong (sky dragon), was set up by Wang Junyao and Wang Junjin in Cangnan county, Zhejiang province, last week, the pro-China Hong
        119 words
      • 64 32 WASHINGTON Orbital Sciences Corp received an experimental licence on Monday from the Federal Communications Commission to launch two small satellites that would be used in a new communications system. Company officials said that the two satellites would cost US$2O million (5533.1 million) to build and launch,
        64 words
    • 1038 32 Pirates are roaming the waters off South-east Asia, Africa and Latin America in speedboats and toting machine guns, a far cry from their old trademark of a skull-and-bones flag American Shipper Shipowners want help in dealing with a vicious new breed of pirates whose trademarks are
      American Shipper  -  1,038 words
    • 14851 40 This is a list of ships loading Mavvio at Singapore for ports around r l/ v the world. It tabulates, by 28/29 destination, the name of the Anckian ship, the shipping line involved and the estimated io dates of arrival and departure ta Mai
      14,851 words
    • SHIPS IN PORT
      • 459 47 M HOT NO B«ll> Inwil I larku 06/92 12 08 04/1000 0904/2300 Marina Terminal 1 L.enChir*Yu 143 J2 08 04,0930 0904-2300 Ar*ana Mas 2 004 M03 alongs.de 07 04 2300 Peft ect 1508 B 04 01 92 )1 08 04/1030 09 04 2300 Batamtndo 1 181S M02
        459 words
      • 1529 47 nn IVERV OF FCL IMPORT CONTAINERS IN PROGRESS jr ..x** i* *>*•* «d mm 4? 0750 European Sen WF218 COO(EST) 07 04 92 1500 0,105 Q***** 0755 Inchon Glory 204N COO(EST) 06.04 92 2300 TantoPer* 002 06 0492 J™ nC b y COO(EST) 07.04 92 1500 K M25
        1,529 words
    • 958 48 May 8 (I da>): Implementing and Developing Strategic Logistic Systems, organised by Singapore Institute of Purchasing and Materials Management. For more details, please contact SIPMM Secretariat at tel: 273-4172 or fax: 274-1132. May 15-16 (l'/i days): ISO 900*0 for Warehousing and Distribution Centres, organised by Singapore Institute of
      958 words
    • 574 48 WEAK rates on key Panamax grain routes from the US to Japan weighed on a subdued dry cargo freight market, brokers said on Monday. The Baltic Freight Index eased 10 points to 1.160. India's rejection on Saturday of offers to deliver one million tonnes of wheat added to
      574 words
    • 319 48 THE FREIGHT market continued to weaken last week, despite the announcement of new US credit guarantees to the Commonwealth of Independent States (CIS) which could lead to fresh CIS buying of agricultural produce, traders said. On the futures market, the Baltic Freight Index (BFI) lost 27 points during
      319 words
    • 569 50 NYT NEW YORK Delta Air Lines charged in a lawsuit on Monday that the creditors committee in the bankruptcy of Pan American World Airways had taken a series of destructive steps that led to the liquidation ot Pan Am and then sought to
      NYT  -  569 words
    • 730 50 Delta, which bought over the Pan Am shuttle, holds slim lead NYT NEW YORK When USAir begins operating the Trump Shuttle on Sunday, the name on the airplanes will change. But USAir, which has an option to buy the shuttle after four and
      NYT  -  730 words
    • 266 50 Reuter LONDON Troubled Canadian property giant Olympia and York Development Ltd said on Monday it hoped to finalise an agreement this week to extend a London underground railway line to its Canary Wharf office development. "O&Y hopes to have all the issues
      Reuter  -  266 words
    • 264 50 Reuter CAPE CANAVERAL, Florida The new US space shuttle Endeavour, built to replace the Challenger which blew up seconds after liftoff six years ago, performed well in an engine test firing on Monday designed to see whether the ship is ready for its
      Reuter  -  264 words
    • 376 50 AP MANILA Officials shut down the radar approach to Manila's airports yesterday as striking air controllers defied government back-to-work orders for a third day. The country's air controllers walked off the job on Saturday demanding that their operations be privatised. President Corazon Aquino's
      AP  -  376 words
    • 489 50 Reuter LONDON British Aerospace pic's receipt of a £1.5 billion (554.3 billion) downpayment from Saudi Arabia in a big oil-for-arms deal with Britain signalled that phase two of the project was assured. share analysts said on Monday.
      Reuter  -  489 words
  • Page 31 Advertisements
    • 22 31 I Lines and services rsprc««nt*d by /On&J Members ef tIM Registry of Accredited (?bShli For advertising enquiries, contact Shipping Times Tel 740-20X9/740-2090
      22 words
    • 143 31 INDONESIAN ST ATI OWNED STEVEDORE AMD PORT SERVICES For 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: Si" SiS Piracy: a growing menace. Page 2 1 "v 1 I 1
      143 words
    • 29 31 Container Schedule 17 Daily Freights 18 Indei 1 Shipping Guide 10.11 Ships m Port 17 Singapore Tides 17 Transport Diary 18 Weather and Sea Conditions 17 Weekly Freights 18
      29 words

  • Page 32 Advertisements
    • 87 32 FOR SUCCESSFUL MANAGEMENT OF YOURBUjUNESS 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 33 Advertisements
    • 1619 33 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES TEL All if# BOOKINGS TEL *****34 *****58 IVfIXZSiW TERMINAL CFS TEL *****18 220 COwQ 'I PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. L \rapr A PORT KELANG TEL *****18 FAX *****91 *****88 ~Z PENANG TEL: *****4 FAX *****1 CFS TEL *****6 ■VBpfBBIB Dedicated to
      1,619 words
    • 1041 33 I Read I Chartpoint, a guide to investing in the Stock Market. Every Saturday in Business Times A I UNITED ARAB SHIPPING (SAGjj VSI/VOY SIN NYC BAL OWF SAV ON SJM »1 H/4 S M HHAFI »4 »/J tt/» W* MOHTM m M/i m 4/7 W» J/J HI KHMfUH 5/»
      1,041 words
    • 1134 33 NEXT SAILINGS TO USA AXEL MAERSK V.9206 ETA SIN 14/4/92 MADISON MAERSK V.9204 ETA SIN 14/4/92 Vessel Voy ETA ETO Feeder by DESTINATIONS Cape Bora wist a Aries This week Madison Maersfc 9204 14/4 0800 HRS Port H HI Hi CFS 13/4 2359 HHS Kelang Penang OAK LGB HOU MEM
      1,134 words

  • Page 34 Advertisements
    • 1297 34 n DAM/ VOY NO S PORE JEDDAH S HAMTON H BURG ANT LE HARVE DANUBE 01/114 9/4 18/4 2/5 28/4 27/4 HjE^Qgl LUDWIGSHAFEN EXPRESS 01/314 12/4 29/4 1/5 4/5 5/5 Ju MONTE ROSA 18/115 16/4 25/4 9/5 5/5 4/5 PORT KELAW6 t PCNANC ELBE 10/315 19/4 6/5 8/5 11/5 12/5
      1,297 words
    • 658 34 SEASPAC SERVICE CONTAINERS U BREAKBULK L DIRECT SOUTH PACIFIC SERVICE SIN INOU SUV PPT J LJ BON TANG 350 7EB 27-29'* 10/5 12/5 17/b -X' VSL 27/5 7/6 10/6 14/6 j Transit Time I 1 *16* (22) AISO ACCEPIING CARGO VIA SUVA TO lAUIOM. PAGO PAGO APIA. NUKUALOFA. P VILA
      658 words
    • 1508 34 FSJIffOMMBMA iHI j REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE 1 VSL/VOY SIN ALG BCL HAM BRE ROT ANT Fa LHA (VIA (VIA (VIA J ALG) HAM) ROT) N prinpfss 9210-3 09/05 28/05 30/05 01/06 02/06 03/06 04/06 05/06 07/06 NOMSIA MUBARAK 9206-3 13/04 30/04 03/05 04/05 05/05 06/05
      1,508 words

  • Page 35 Advertisements
    • 1539 35 Shipping Times, Wednesday April 8 1952 W m STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Saniord Building Singapore 0208 Tel: *****88 Fat: *****17 ACCIPIS W* S*«.S CARGO SPO«E B KOK SIRAIIS VINIUHt VO% Mua.a. lib. KK 13 14 Ap. jjj J|» ES ttBRUGG£ V 05N \i \IIZ KAIAH
      1,539 words
    • 1622 35 V SINGAPORE AGENT: .if P&O Containers (Singapore Agencies) Pte Ltd 1 lillTll 15 Hoe Chiang Road #08-02 to 06 Sanford Building Singapore 0208 Te| 225 2233 Te(ex RS ***** pnoCSP Fa* 225 5327/222 7517 CR Number **********0Z EXPORT rsKu„s. l.™ ;rs sr s ps. a. ?r„ xs. iissssr S Z
      1,622 words

  • Page 36 Advertisements
    • 497 36 \T B CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL VOY ROAM ADAM H'BURG BREMtN ANTWERP SRIVKDAYA 34W8 ?6 4 29 5 3 6 1 6 10/6 HUTAi ?SWB 25.5 ?8 6 3/7 HI 10 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subfect to Inducement. Also accepting cargo to
      497 words
    • 1372 36 ©HANJIN SHIPPINGI .wj u cifl i iimk Mini LGB OAK fOR VSI Slfl I INI MAUI SAV lM WTC I HANIIN ItHAVRt ol7t 1' 4 DIRICI S t> 5 HANIIN KUNSAN 0731 13 4 M PLEASURE 025E 21/5 22/5 24/5 I S omLMO 01* 4 5m CI 10 5 1J
      1,372 words
    • 1364 36 —I T r-1 1 =1 mi sgp nsc hpg *ic pus mi os* nct <mi iyo i»i chs bu hh imk «n* #um imp «c «o I* s< m i lowm, m 0/3 k< pi u is« i/ n < ?i m 4 n >m »s .'o sn s ;j
      1,364 words

  • Page 37 Advertisements
    • 1755 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) sdf BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 AUST/INDIA/PAK SERV!CE *****32 EXPORT CFS MB2 *****53/*****50 B/Ut nepline sdn bhd Malaysia
      1,755 words
    • 1077 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EAS TBOUNO MSCHAKGftG WESTBOUND-LOADtiG TRANSHTfEO VIA ROTTERDAM wTais ior
      1,077 words

  • Page 38 Advertisements
    • 1750 38 K 4 4"W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W 1 TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 I |l A MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD I A Jjf *11 m 4 TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA,
      1,750 words
    • 1213 38 PHILI on I€ NT LINCS PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Te1:*****22 *****69 *****00Te1ex:R*****0FAX:*****76 *****38 &JS BY AIR, LAND OR SEA.... SgV WE TAKE ON THE WORLD FOR YOU W MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA NEW ZEALAND/SOUTH PACIFIC FCULCL SERVICE 16 APR SYDNEY. MELBOURNE.
      1,213 words

  • Page 39 Advertisements
    • 2247 39 PACIFIC INTERNATIONAL LINES (PTE) LTD g mmmmm m 140 Ceci street. #03-00 PIL Building. Singapore 0106. Tel: *****33 [JAKARTA [BANGKOK ~l vessel voy SIN bkk sin VESSEL VOY SIN JKT SIN 86N BLO 10/4 14/4 BUNGA TERATAI 143 10/4 12'4 14/4 KSR2I3 10/4 13/4 17/4 EQUATOR HAWK 38N 9/4 11/4
      2,247 words
    • 779 39 EacßenV I Ist1 st class container transport feeder vrssft. penanc pkelang| ocean vsl/vov T sin sou <•, p HA < l 3: G0 T ANSON'TUN iol 11 4 BENAVON _2142 14_4 1/5 3_5 4/5 oj ANSON TEN 17 4 4 JUTLANDIA 2152 21 4 B_J> 10/5 I_>_s ANSON/ TON 24/4
      779 words
    • 356 39 myanmal uHBk FIVE STAR LIN E (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIg Pen P Gdt PINYA VI2IW In Port Mf RGUI VII3W 14/17 Apr In P«t PAGAN VIBIW 10/12 Apr HP A AN *176*1 14/16 Ap» MYOMAYWA VI4IW 22/74 Apt THE BANK LINE (A service of
      356 words



  • Page 42 Advertisements
    • 2404 42 Conventional Semi-Container Full Container I itlpr Liner Services lUeysik's Agents: Indonesia sgens. Liner jf rvices GumGum^ cmmsa>«m f.r. «n** firfr Mar II IN H kiJtkld Ili/t4 r.iTi«f Bnnkma Aaents' General Agents: Booking Agents: ss Persunn Rw mm Husa 29 a ton Ko*i H*r m*upus* c tamncfxi COStar Shipping Pit Ltd
      2,404 words
    • 326 42 SAMUDBU INDONESIA (S) FTI ITo"" 15 McCALLUM STREET #14-04 NATWEBT CENTRE Singapora 010S Tate*: RS23MO Tat: *****813 Par. 229 4S3S, 227*136 FOR BOOKINGS CALL DIRECT LIKE TELj^*****4T/*****43 SM/JAK SERVICE wcccci VOY SIN JWV TWAaKA 919 11/04 (SAT) 15/04 (WED) LXWANTI 956 13/04 (MON) 15/04 (WED) DFRAJAT 979 15A)4 (WED) 17/04
      326 words

  • Page 43 Advertisements
    • 650 43 compiling nines, ncuucou»j »r" v FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 24 LINES) m H ■MdllHdSMllJß j[l jfl[3 LIM ASSOL PIRE AUS 12/4 ROTTERDAM 12/4 HAIFA/ASHDOD/ALEXANDRIA 12/4 HAMBURG/BREMEN *2/4 MARSEILLE/FRANCE 1274 FELIXSTOWE/UK 12/4 BARCELONA/SPAIN 12/4 LEHAVRE/ANTWERP 12/4 GENOA/ITALY 12/4 GOTHENBURG/SCANDINAVIA 12/4 LOS
      650 words
    • 828 43 (SnicHflE^nSARIN^AGEJIclE^SrTf^^ jtfi I TEL: *****33 (12 Lines) CT) FAX: *****15/*****03 IPO] TELEX: RS ***** RISHIP (3 Lines) \W\ ETHIOPIAN SHIPPING LINES J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL 'ESSEI IVOY ETA I LOADING FOR SPORE ?BWB 15/04 OARF SSAI AAM MOMBASA DJIBOUTI ASSAB MASSAWA 4ETSANFT 76W8 21/05 DARFSSALAAM
      828 words
    • 837 43 JAKARTA BANGKOK voy m Jtctsa Ivor I vmum wmm HNIA BHUM 28S 904 12/04 NANIA BHUM 84N In P« 08/84 Sa< 11/04 EU UNGSHAN 01S IM)4 14 04 MAHA BHUM# 103N Sun 12/04 Ned 15 04 BENIA BHUM ?9S 15/04 IB 04 lAMJ BHJM* ?3N Mon 12/04 Ehur 16J1_ NANA
      837 words

  • Page 44 Advertisements
    • 1261 44 j S'PORE IMPORT: *****11 j I PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: I P KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA. (31) *****0 UK/SCAN/MED PORTS COLOMBO'S* AFRICA 1_ PEN PK SIN 1 PEN PK SIN Colombo 11/4 12/4 13/4 12 1 13 4
      1,261 words
    • 275 44 BLUE STAR LINE TO FROM 0/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPI AMI I*l SIN MUIBtRA 21% 10/4 22/4 ¥1* NPt 24/4 11/5 AUST STAR 0518 20/4 2/5 VIA NPt 4/5 21/5 PHOSPICT ISS 2/5 14/5 VIA NPt IS/5 2/S FULLY CONTAINERISED
      275 words
    • 1145 44 IF* THONG SOON LINES PTE. LTU. I mi 77 ROBINSON ROAD #15-00, #16 00 SIA BUILDING SINGAPORE 0106 I TEL: *****88 FAX NO: *****11, *****22 I TLX RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I I fiOWVEWnONAL/CQNTAINER I CONTAIMFP MBVICEB I SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA
      1,145 words

  • Page 45 Advertisements
    • 854 45 ESBZZfSSSIp COMPANIA PERUANA NCHL DE VAPORES "PERUVIAN STATF LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALL AO. MA T ARANI. ILO* OTHER PERUVIAN PORTS* I* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE j ACCEPTING BREAKBULK SOC CARGOES TO FROM KOBE, YOKOHAMA. NAGOYA.
      854 words
    • 502 45 cz3Z i Mtsall' N.AMERICA/CARRIBEAN SERVICES VESSEL VOT SIN MAINIINEF Vo> t*» HSI SAV NYC Hfl Aj m 14/4 fIMKEELUNG I>L_ LLA_ OA M.P?ara 15L_ lLi_ _Li_ I WHAM l/fl It i U AMERICA l/E I 4 6 IIJ Iw 111 i 121.6 Acceplmi car|o to Mind USA Oeitnationi Carribean. Central
      502 words
    • 617 45 WIIDDLE-E AST/PERSIAN GULF ACCEPTING FCL/LCL (lIIHAI I 'AMMAN SHAH lAH DOHA MUM AI RAIWAIN ABtl UMABt p BANItAR ABBAS UPOAH FAR EAST ACCEPTING FCL/LCL I'l NAN(> P KtlANf. lAKARIA. BANGKOK IMJISHi KOfH. lAW AN JAPAN MANIIA KORf A UK/EUROPE 1 ACCEPTING FCL/LCL lONIKJN FELIXSTOWL If EDS TILBURY ABERDEEN IE MARVE
      617 words
    • 546 45 imHwiIUMwJJI f ASEAN/CHINA SERVICES gj SGP PU PNC F GUOANG KTN FOR ,qj 10/04 DALIAN QINGDAO SHAN 77/04 MUANGPU SHANGHAI MADRAS/COLOMBO/BOMBAY/KARACHI SERVICES SGP PK PIT, YANGOON KTN FOR v«NG 70/04 MADRAS COIOMBO I YUN 02/0b MADRAS'COIOMBO SINGAPORE/MADRAS/SINGAPORE FCtACL SERVICES SGF MOS B N 07-03/04 09 09/04 J [BN 05 06/04
      546 words
    • 465 45 SIN FM EAST 13/4 KEELUNG/KAOHSIUNG 11/4 BANGKOK 10/4 MANILA/CEBU 14/4 JAKARTA/BELAWAN/SURABAYA 13/4 PORT KELANG/PENANG/E. Malaysia 13/4 BUSAN 12/4 TOKYO/YOKO/KOBE/NGO/OSA 12/4 HONG KONG SIN CHINA 12/4 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 11/4 LDN/FLX/LVP/SOU 11/4 RDM/HAWI/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumama/Poland/Bulgaria/Czech. SIN USA/CANADA 13/4 LOS
      465 words

  • Page 46 Advertisements
    • 786 46 FIL CONTAINER SERVICES PTE LTD I r/L MADRAS CALCUTTA j~VSL SIN/MADRAS VSL SIN/CALCUTTA SM MM SIR SIR CAI S» NHI AVMLABU 06 07 04 12 14 04 20 21/04 I*ll AVAtABU 06 07 04 13 I« 04 22 21/04 13 14, 04 19-21/04 2 7 28/04 13 14/04 20 24,04
      786 words
    • 401 46 Bontermi CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— AUCKLAND 13 APRIL I BANGKOK 13 April FREMANTLE 16 April EUROPE 11 April GOTHENBURG 12 April f PENANG 13 April PORT KELANG 12 April l_ JAKARTA 10 April MELBOURNE 15 April SYDNEY 15 April I* 0235 0633
      401 words
    • 533 46 This Week's Sailings FITT ETD Singapore Singapore Bangkok 11.04.92 H° 4 92 J g&UK Los Angeles M fggMT Port Kelang 12.04.92 (Onforwarding To Mid West/ 12.04.92 Port Louis 13.04.92 jf ofis\) Singapore 778 6522 2 738 C athryn Wen B 07-*****8 07-*****3 WtM —TBI Jakarta 021-*****40 021-*****01 Troy Hsu INCHCAPE
      533 words
    • 458 46 MANILA ETA VIGOUH PACIFIC 60NB U/4 VIGOUR SINGAPORE 24N8 18/4 BANGKOK 11/4 18/1 BUSAN 13 4 20 4 HONGKONG 12/4 22 4 DURBAN/PT LOUIS 25/4 6 5 KEELUNG 13/4 20/4 USA 13 4 20 4 PT KELANG 10/4 14/4 KOBE 12/4 19/4 PIRAEUS 14/4 22/4 OSAKA 14/4 21/4 JAKARTA 10,4
      458 words

  • Page 47 Advertisements
    • 16 47 Read f Chartpoint, a guide to investing in the Stock Market. Every Saturday in Business Times
      16 words
    • 322 47 vQ c Oc Oc Oc Oc OcOc U VAN OMMEREN CETECO GROUP V > TRANSPORT DIVISION 2 VOTAINER CONSOLIDATION SERVICES: A THE ONLY CONSOUOATOR WITH WORLDWIDE NETWORK I J Weekly FCULCL Services To/From V V USA EUROPE FAR EAST > Btflmore Votalner Consolidation Services Hamburg: Van Ommeren Hamburg GmbH. S'pore:
      322 words
  • Page 47 Miscellaneous
    • 481 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 *****400 1500 1600 1700 1800 1900 2000 2100 ?200 300 W 26 30 31 29 24 18 12 07 05 04 05 09 14 20 22 23 22
      481 words

  • Page 48 Advertisements
    • 266 48 ULTIMATE FREIGHT SERVICES AUSTRALIA --pom USA hrttaj. STO. U, T«* NZ d ports HK Ctm CANADA Canary, Mwofttou, Montr«* New frumwick, BANGKOK Mdtaf La« MAURITIUS Louis EUROPE Mma, Bambtrf Rotterdam, DmsMin, PACIFIC ISLANDS s*a. u*t», tmwt £3L, uJI u S^SSSr Pom, Lat, CtMttftn, Stocttofcn. Papeete, Noumea S. AFRICA -Darban, How*,
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