The Business Times, 9 April 1992

Microfilm: NL18193
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    21 1 Business Times MITA (P) 35/12/91 Thursday, April 9, 1992 THE HL'SINESS r \HI R FOR sr. AS! 1 75 c t
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  • NEWS SUMMARY
    • Article
      Plan to compensate BCCI creditors fails to win approval
      71 1 LONDON England's High Court yesterday withheld approval of a plan to compensate creditors of the closed Bank of Credit and Commerce International (BCCI) to give them time to find out more about it. The ruling was the latest twist in the
      71 words
    • Article
      New Libyan offer on Pan Am bomb case
      52 1 CAIRO Libya yesterday offered to give a neutral country custody of the two men wanted for trial in the United States or Britain for planting explosives on a Pan Am airliner. Arab diplomats said. The offer was sent to United Nations Secretary-General
      52 words
    • Article
      Bid to sell property
      41 1 REPRESENTATIVES of the Real Estate Developers' Association of Singapore, the Urban Redevelopment Authority and the Economic Development Board will visit Hongkong next week to try to drum up interest in the Republic s property market Page 2
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    • Article
      Move to curb exodus
      43 1 THAILAND'S major corporations are moving to raise the wage scales of their employees this month in a move to prevent staff from moving to state corporations, which have recently implemented substantial pay rises, says a Bangkokbased daily Page 7
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    • Article
      Keating wants talks
      26 1 AUSTRALIAN Prime Minister Paul Keating has called for regular meetings of AsiaPacific leaders and the US aimed at expanding regional cooperation Page 7
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    • Article
      EMU under threat
      31 1 VOTERS are punishing parties in power across Europe and injecting a note of uncertainty into the ratification of the treaty on EC economic and monetary union Page 8
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    • Article
      Deal for Argentina
      32 1 ARGENTINA and its creditors have agreed to restructure the country's USS3I billion (5551.2 billion) in commercial bank loans, signalling the possible end of its decade-long debt crisis Page 8
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    • Article
      Benair in tie-up
      36 1 MANCHESTER-BASED airsea freight forwarder Benair Freight Ltd has forged a strategic partnership with American counterpart US Express Inc to capture a bigger share of the international forwarding market Shipping l imes Page I
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  • MARKETS SUMMARY
    • Article
      Dow lower
      25 1 WALL STREET share prices opened lower yesterday, with the IX>w Jones Industrial Index down 15.21 points at 3.198.34 fi\e minutes after the opening.
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    • Article
      Footsie lower
      31 1 SHAKE PRICES were weaker at midday yesterday, but above their morning lows. At 1100 GMT. the FTSE 100Share Index was down 9.9 points, or 0.4 per cent, at 2.394.3.
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    • Article
      Tenaga deluge
      33 1 INVESTORS have forked out a staggering M 59.3 billion (Ss6 billion) to buy shares of Malaysia's soon-to-be-listed state electricity firm Tenaga Nasional Bhd. Tenaga and its advisers said yesterday Page 4
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    • Article
      China move for San Teh
      32 1 SESDAQ-listed San Teh Ltd has taken a 30 per cent stake in a SI3B million cement plant in China as part of its diversification strategy Page 4
      32 words
    • Article
      Green light from India
      33 1 THE Indian government has decided to grant permission to some Indian companies with good track records to issue convertible debentures and equitv shares directly to investors abroad Page 5
      33 words
    • Article
      Fears over rating firms
      34 1 TOP OFFICIALS at the US Securities and Exchange Commission are increasingly concerned about the clout of Wall Street's debt rating agencies and are proposing to beef up oversight Page 6
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    • Article, Illustration
      STOCK INDICES
      30 1 Wednesda) Change BT-VKi 667.43 -7.37 Kuala Lumpur 573.61 -12.85 Tokvo 17.175.53 -616.02 Hongkong 4.827.58 -98.85 Sydney 1.554.3 -29.4 Iuesday C hange New York 3.213.55 -61.94 London 2.404.2 3.3
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    • Article
      CURRENCIES
      30 1 London Gold AM fix USS337.70 -USSO.XO Exchange rates USS SS 1 6505 100 Yen.. SS 1.2433 MS SS 0.6450 Money market rates Overnight 3% -5/16 3-month 3 1/4% -1/16
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    • Article
      COMMODITIES
      35 1 Rubber S*pore Mav 140.75'/kg -1.75 M sia May 219.50«/kg unch KL Tin Turnover 42 tonnes --0 Spot VIS 14.5 7/kg unch Crude palm oil Turnover 323 lots -701 June MSW 4 /tonne f 3
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  • Article, Illustration
    Lock icon Nikkei's plunge sends shockwaves around world
    449 1 Markets in Asia. Europe. Australia record falls SINGAPORE Tokyo's Nikkei Average plunged 3.46 per cent yesterday to a sixyear low. triggering similar declines and jitters on Asian and European bourses. Battered by institutional selling and arbitrage unwinding as well as sharp losses on Wall
    Source: Telerate  -  449 words
  • Article
    Lock icon Suchinda pledges to continue Anand's economic reforms
    361 1 Professionals to run key economic ministries Reuter. AFP BANGKOK Thailand's new Prime Minister. Suchinda Kraprayoon. has said he would retain tax and industrial reforms initiated by his predecessor. General Suchinda said alter his appointment on I uesday that his government would carry on
    Reuter.; AFP  -  361 words
  • Article
    Lock icon M'sia trade deficit increased to M$744m in January
    242 1 AFP KIJAI.A LUMPUR Malaysia's trade deficit widened t<>' M 5743.9 million (***** million) in January, compared to a M 514.4 million shortfall a year before, figures showed yesterday. I he Statistics Department, releasing its latest monthly external trade summary, said imports grew
    AFP  -  242 words
  • Article
    Taiwan firms pouring billions into China
    451 1 TAIPEI A massive wave of Taiwanese investment is pouring into China as political tensions between the rival governments ease and Beijing accelerates economic reforms. Analysts say the investment boom is cementing a powerful economic tie-up between the two sides which will help shape much
    451 words
  • Article
    Lock icon HK shipowners explore offer of tax-free status in Singapore
    373 1 Reuter SINGAPORE A delegation of major Hongkong shipowners began a two-day visit here yesterday to explore the possibility ot shifting their bases of operation, delegation sources said. The delegation, invited by the Trade Development Board (TDB). is the first by a
    Reuter  -  373 words
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      241 1 Cassette Receive* C Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD Singapore Phone 235 1333 Kuala lumper Ptwne 757 0233 Penang Ptione 615 985/619 014 Jakarta: Phone 374 065/380 1472 Ad Marketing 9 Jakarta Bangkok Stocks 23 TV Radio 12 Aircraft Schedule 29 KISE 21 U«t Trusts Commodities 28 Money
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      Page 1 Advertisements Column 2
      21 1 Fear that global finances will be hurt, Pg 2 Editorial. Pg 10 1 hailand's trade deficit shrunk in Februan, Pg 7
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      Page 1 Advertisements Column 3
      170 1 I f\ i/i 1 368 Taiwan puts the squeeze on credit to fight inflation, Pg 6 You don't have to break records to be a winner. just be in the Seiko/Barcelona Olympics '92 Draw. |UjW Buy a Seiko quartz watch today and you II get a Free Seiko/Barcelona Olympics '92
      170 words
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  • PAGE 2 NEWS
    • Article
      S'pore property team to visit HK
      315 2  -  Redas, URA and EDB to interest Hongkongers in republics property market By Lilian Ang SINGAPORE Representatives of the Real Estate Developers' Association of Singapore, the Urban Redevelopment Authority and the Economic Development Board will visit Hongkong next week to try to drum up interest
      315 words
    • Article
      Lock icon Asia-Pac telecom sector to attract investment funds
      201 2 AFP HONGKONG The telecommunications industry in the Asia-Pacific region is likely to become a powerful magnet for investment funds over the next few years, an investment bank report said yesterday. Salomon Brothers said in its equity report that regional countries were in the
      AFP  -  201 words
    • Article
      Lock icon US firms to raise capital spending in foreign affiliates by 4pc this year
      220 2 Reuter WASHINGTON US companies plan to increase capital spending in their foreign affiliates by 4 per cent in 1992, after an estimated 3 per cent rise last year. The United States Commerce Department said US businesses intend
      Reuter  -  220 words
    • Article
      Health-product marketing firm disputes 103m-peso tax claim
      346 2  -  No tax evasion charge, says High Dessert Philippines From Al O Labita Jr in MANILA HIGH DESSERT Philippines, a health-product marketing company owned some 40 per cent by two Singaporean nationals, has disputed a claim for 103.9 million pesos (about 556.5 million) by
      346 words
    • Article
      Lock icon Australia anxious about Japan's slowdown
      290 2 Reuter SYDNEY Just when Australians thought they were starting to crawl their way out of a recession, the future has been darkened by gloomy economic sentiments in Japan. Japan. Australia's largest trading partner, takes about one-third of the country's trade exports and is its largest
      Reuter  -  290 words
    • Article, Illustration
      Tokyo slide raises fears global finance will be hurt
      498 2 SINGAPORE The Tokyo stock market's sharp fall yesterday triggered similar declines across Asia and Europe and heightened fears that its continuing slide could have severe repercussions for global financial systems. Among the concerns that surfaced overseas was that Japanese investors may
      498 words
    • Article
      UK denies favouritism in award of HK airport deals
      399 2  -  From Catherine Ong in HONGKONG A SENIOR British official in Hongkong has denied allegations of favouritism to UK firms in the award of consultancy contracts for the territory's multi-billion-dollar port and airport project. The outgoing Senior British Trade Commissioner Peter Heap
      399 words
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      Page 2 Advertisements Column 1
      294 2 Business within easy reach, 44 times a week. Singapore Jakarta If you're a business traveller to Jakarta, youH be in good hands with Garuda Indonesia. That's because we have 44 flights to Jakarta every week at very convenient times. With up to 8 flights daily, youH enjoy superb comfort whether
      294 words
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      Page 2 Advertisements Column 2
      99 2 JAKARTA BUSINESSMAN ACCOMMODATION PACKAGE HOTEL sgl twn hotel sgl twn Borobudur Inter Continental 249 249 Sahid Jaya Hotel Mam Wing 206 tOb Mandarin Oriental j Ambassador Wing 304 304 j Deluxe 251 251 Exec Deluxe 270 270 Grand Hyan 382 382 San Pan Pacific 196 216 Le Mendien 284 284
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        Mt Elizabeth surgeons share their skills
        61 3 MOUNT ELIZABETH Medical Centre has tied up with Beijing's Fu Wai Hospital and Cardiovascular Institute to share cardiovascular skills. Heart surgeons Iroin Mount Flizabeth performed several operations in Beijing last month, while Fu Wai Hospital plans to send its doctors to Mount Elizabeth for
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      • Article
        Diploma in estate marketing
        52 3 ITIE Singapore Institute of Surveyors and Valuers elected Wee Soon Kiang and Steven Loh as president and senior vice-president, respectively, after its 11th annual general meeting last month. Also, the institute has said it will launch a diploma in real estate marketing at the end ol
        52 words
      • Article
        Mega electronics show
        60 3 GLOBALTRONICS 92. a series of five electronics and manufacturing technology exhibitions, will be held in Singapore from Sep 23 to 26 at the World Trade Centre. The exhibitions will feature at least 13 groups Irom Australia, China. Finland, the US and the UK. They will be showing
        60 words
      • Article
        500 more Callzones
        70 3 SINGAPORE Telecom has provided 500 more areas lor Callzone customers, taking the number of Callzones on the island to 3,000. Telecom said more than 16.000 people had registered with the Callzone service since it was launched at the start of the year. Another 500 base stations lor
        70 words
      • Article
        Great Scots
        47 3 A WEEK-LONG promotion of Scottish food, fashion, hotels and industry is now on. The promotion, organised by the British High Commission, includes the 20th mission to Singapore by the Scottish Council of Development and Industry. Last vear's mission led to $6 million worth ot sales.
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    • Article
      CWT to upgrade computer system
      225 3 CWT Distribution Pte Ltd, the warehousing and freight forwarding operator, has embarked on a $1.5 million plan to redesign and redevelop its computer system. The new system will help to integrate the company s operations and provide data links to CWT's customers. CWT believes that
      225 words
    • Article, Illustration
      US firm to pump US$12m into S'pore plant
      411 3  -  By Ang Wan May THOMAS BEIT S (T&B). a US electronics component manufacturer, plans to invest a total of US$l2 million (SSI9.X million) in establishing a manufacturing plant in Singapore. T&B, which has projected its sales to reach US$l billion this year,
      411 words
    • Article
      More flights, destinations and at greater frequency
      327 3 AIR TRAVELLERS using Changi Airport will enjoy greater frequency and travel options with the addition ot 194 weekly flights between March 29 and Oct 24. The total weekly flights in to and out of Singapore will exceed 2,420 by the end ot the
      327 words
    • Article
      Le Meridien Changi renews bid to develop beach
      382 3  -  By Sangeeta Mulchand EFFOR I S have been revived at the Ng l ong long-owned l.e Meridien Changi to develop a stretch of beach tor use by guests and the public. General manager Kevin Murphy told BT the hotel's owners had been
      382 words
    • Article
      Executive pay rises likely to be lower in second half: survey
      310 3 BAD news awaits executives whose salaries are adjusted in the seeond half of the year. The softening of the economy has trimmed the projection for a pay rise in that period to 5.9 per cent, aceording to a survey
      310 words
    • Article
      Programme to help SMEs set up accounting systems
      331 3  -  By Helen Chang WHEN the Enterprise Promotion Centre (EPC), a gov-ernment-sponsored agency which supports small and medium-sized businesses (SMEs). visited a local company recently, it found that the firm wanted to expand into China. But one thing was holding the unnamed precision-ma-chinery
      331 words
    • Article
      Electronics supporting industries moving up
      199 3 INTERNATIONAL procurement offices (IPOs) in the electronics industry bought some $7.6 billion worth of products and services trom Singapore vendors last year for their worldwide needs. The 88 IPOs sourced items such as Winchester disk drives, electro-mechani-cal assemblies, printed circuit board assemblies, wire and cable
      199 words
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      Page 3 Advertisements Column 1
      119 3 ft A BOU) DEVELOPMENT I 1111! llt '"^^hhhbbbbbbSSp' gMli!^Kw^fimni»CTT,"--1 f 3f I,,MII !S' 551S ll l"irriS l^S>ll^^^^^a i" iT'fll W 1 nTrtii^^WilliTm^ ||GIIM 111 1} Iji 1 MMtl *****111 ■Wn i 111 tl 111 iEiiii l >^W'| l illffflr^BTtK MrfnH I ['I iffn *****1 fnT l "w^ nprnTriTTTTTMnI *****111 SUraV^HHBMHBM
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      Page 3 Advertisements Column 2
      29 3 Making up for lost time, Pg9 The Royal Oak fliml r" > One of the great m designs of the 2()th /ll yIUDEMARS PIGUET probably the next 7/u' master watchmakers.
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        UOB reports 40pc foreign shareholding
        74 4 SINGAPORE United Overseas Bank l td yesterday announced that, as at the end ot the first Quarter of 1992, foreign shareholding of its issued share capital is about 40 per cent. Foreign holdings of UOB's warrants 1989/1994 is approximately 39.99 per cent. UOB also announced
        74 words
      • Article
        Stamford widens Thai stake
        74 4 SINGAPORE Stamford Tyres Corporation Ltd has acquired a further 2,202 shares, at 100 baht (556.40) per share, in Stamford Tyres (Thailand) Co Ltd (STT), bringing its stake to 12,000 ordinarv shares, making STT a subsidiary ot Stamford Tyres. STT currently has a paid-up capital of 20,000
        74 words
      • Article
        Malayan Credit denies takeover
        55 4 SINGAPORE Malayan Credit Ltd has informed the Stock Exchange of Singapore that it has not received any notice ot takeover from any party to-date. Its clarification follows a letter of inquiry from the stock exchange on April 7 after BT published an article. Talk of takeover
        55 words
      • Article
        L&M appoints another director
        45 4 SINGAPORE L&M Group Investments Ltd has appointed another director, Malcolm Leonard Smithson. Mr Smithson, 52, a British national, is the deputy chairman of the board of governors of the Tanglin Trust and a director of Jurutera Tempatan Consultants (S) Pte Ltd.
        45 words
      • Article
        Hour Glass appoints director
        44 4 SINGAPORE The Hour Glass Ltd has appointed lan Wayne Spence to its board of directors as non-executive director. Mr Spence, a New Zealander, was trained as a chartered accountant, and now works in South-east Asia as a private business consultant.
        44 words
    • Article
      PJ Development buys two property companies
      130 4 SINGAPORE PJ Development Holdings Bhd has bought, through its whollyowned subsidiary PJD Realty Sdn Bhd, two property development companies for a total 0fM53.51 million. The companies, Bunga Development Sdn Bhd (Bunga) and Kota Mulia Sdn Bhd (Kota), each have a paid-up capitaJ of Ms
      130 words
    • Article
      Lock icon Tenaga share offering gets big M$9.3b response
      498 4 Reuter KUALA LUMPUR Investors have forked out a staggering M 59.3 billion to buy shares of Malaysia's soon-to-be-listed state electricitv firm Tenaga Nasional Bhd. Tenaga and its advisers said yesterday. "The response is overwhelming considering the size of the issue," Tenaga chairman Ani
      Reuter  -  498 words
    • Article
      Bkt Beruntung likely to yield M$1b pre-tax profit
      491 4 Consortium clearing land for township KUALA LUMPUR Europlus Corp, a consortium comprising TA Properties, Perwira Indra Sakti, Pengurusan Projek Bersistem (PPB), Ho Hup Construction Co and Global Impact (GI) is expected to rake in about Msl billion (***** million) in pre-tax profit
      491 words
    • Article
      Jurong Engineering's net earnings up 43pc
      388 4  -  By Dexter Lee SINGAPORE Jurong Engineering Ltd (JEL) has notched up a near 43 per cent rise in group net earnings to 55.62 million despite a drop in group turnover. For the year ended Dec 31, 1991. JEL generated group turnover of $130.49 million,
      388 words
    • Article
      Sing Investments & Finance posts 15pc earnings drop
      226 4 Sing Investments Finance posts 15pc earnings drop SINGAPORE Sing Investments Finance Ltd (SIF) has reported a 15 per cent drop in group net earnings to $3.06 million for the year ended Dec 31, 1991, down from $3.6 million. The listed finance company was clearly weighed down by higher interest on
      226 words
    • Article
      San Teh buys 30pc stake in $138m China cement plant
      286 4  -  By Shoeb Kagda SINGAPORE Sesdaqlisted San Teh Ltd has taken a 30 per cent stake in a Sl3B million cement plant in China as part of its diversification strategy. In a statement yesterday, the company, whose core business is the
      286 words
    • Article
      Lock icon First-quarter KL listings raise M$1b
      458 4 Big jump in figure due largely to Proton issue MBT KUALA LUMPUR Some MSI billion (***** million) was raised from new listings, comprising public issues and offers for sale, in the first quarter of this year, compared with the M 5844.12 million raised in the
      MBT  -  458 words
    • Article
      India allows direct equity issues to investors abroad
      532 5  -  From Shirish Nadkarni in BOMBAY THE Indian government has decided to grant permission to some Indian companies with good track records to issue convertible debentures and equity shares directly to investors abroad. It has also decided to firm up foreign participation in
      532 words
    • Article
      Lock icon Thailand's CP Group close to joint-venture pact with Vietnam
      380 5 AFP BANGKOK Thailand's Charoen Pokphand (CP) Group, a major agriculture and business conglomerate, is nearing agreement with Vietnam on multi-billion-baht joint ventures in four areas, a company spokeswoman said on Tuesday. An agreement is expected to be finalised within a few
      AFP  -  380 words
    • Article
      Unicord to list US unit on NYSE after loan restructure
      501 5 SAN DIEGO Thailand's Unicord Group plans to apply for a listing of its American subsidiary*. Bumble Bee Seafoods Inc, on the New York Stock Exchange within one to two years, after restructuring the terms of its loans with two major
      501 words
    • Article, Illustration
      Lock icon Hyundai charged with tax fraud
      227 5 AP SEOUL South Korea's tax agency said yesterday that the Hyundai business group has evaded US$36 million f (Sss9 million) in taxes and filed a criminal case against three top executives. Meanwhile, the Prosecutors' Office said it had arrested a Hyundai executive for allegedly violating
      AP  -  227 words
    • Article
      Lock icon Foreign control of NZ bourse predicted
      408 5 Brierley chief sees foreign domination by late 1993 Reuter j AUCKLAND Overseas buyers could secure majority control of New Zealand's share market at bargain prices by late 1993, the chairman of its largest listed investor said yesterday. "I think sometime late next year you're
      Reuter  -  408 words
    • Article
      Lock icon Trade in China shares opens Pandora's box in Hongkong
      519 5 Reuter HONGKONG The colony's latest investment fad. mainland China shares, has opened a Pandora's box ot legal problems which the government is trying to sort out fast, brokers and regulators say. Less that two months ago. the vast potential of China's
      Reuter  -  519 words
    • COMPANY BRIEFS
      • Article
        New Tokyo listings to be postponed further
        123 5 TOKYO The long-delayed listing of 10 Japanese companies on the Tokyo Stock Exchange (TSE) is unlikely to be made until August, due to the prolonged stock market slump, a TSE official said. The TSE has cancelled the applications of 10 companies, whose listing
        123 words
      • Article
        Heron's bonds in default
        60 5 LONDON Troubled British property group Heron International faced mounting pressure to sweeten proposals to restructure £1.3 billion (553.64 billion) of debts after four of its Swiss franc bonds were declared in default. Credit Suisse, which lead managed four issues totalling £600 million Swiss francs, said it
        60 words
      • Article
        Regent to revive China projects
        74 5 HONGKONG Hongkong-based Regent International Hotels Ltd said yesterday it planned to reactivate three hotel projects in China this year, which were stalled after the 1989 crackdown on pro-democracy demonstrators. The projects, which comprise two hotels in Beijing and a renovation project on a pre-war hotel
        74 words
      • Article
        Waste Management raises £405m
        65 5 LONDON Waste Management Inc of the US on Tuesday floated off 20 per cent of its overseas arm Waste Management International, raising about £405 million (SSl.l billion). The company, which issued 75 million shares mainly in Britain and the US and priced in London at 585
        65 words
      • Article
        Anti-trust body clears BHP unit
        90 5 WELLINGTON The anti-trust Commerce Commission said it cleared Broken Hill Pty unit Tasman Steel Holdings Ltd to buy all of New Zealand Steel Ltd. BHP already owns 31 per cent, and said it wants to buy complete control. Other shareholders have said they are willing
        90 words
      • Article
        Alcatel-Telspace wins Viet job
        66 5 HANOI France's Alcatel-Telspace has been awarded a contract to build part of a radio relay network across Vietnam, worth US$lO million (5516.5 million), French businessmen said yesterday. The contract for the network, with a capacity of 140 megabytes, to be built between Danang in the centre
        66 words
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      163 4 Visit our Spanish Food and Equipment Pavilions at Food Hotel Asia '92 ■fer~ i i ANGEL CAMACHO, S.A. IjKI "IS it j|K J'* -J Olives, olive oil, capers BSbMbP Hlti ,T* BODEGAS LUIS MEGIA, S.A. ||^^^sSe3^^^^ff eie P®**He Wines Valdepenas DO CANDIDO MIRO, S.A. GRUPO BODEGAS BERBER AN A w'ine)
      163 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Troubled property giant misses loan payment
        127 6 NEW YORK Debt-plagued Olympia and York Developments Ltd, the world's biggest commercial landlord, said vesterday it had missed a payment on a US$BOO J 11 1011 (SS 1.3 billion) bond obligation secured by a prized Manhattan office tower. The company confirmed through a spokesman
        127 words
      • Article
        EC strengthens bank control
        56 6 BRUSSELS The European Community has adopted new rules to tighten control on banks which are part ot multinational groups, the EC Commission said on Tuesday. The new consolidated supervision rules fill a gap in highlighted last year by the liquidation of the Bank of Commerce and
        56 words
      • Article
        UK dragging its feet, says US
        65 6 I ON DON Britain's Serious Fraud Office has hampered international efforts to investigate alleged widespread fraud at the Bank of Credit and Commerce International (BCCI), a l is nrosecutor savs The SFO's reluctance to share informaUonC^fproblems for months. Gerald McKelvey a spokesman for the
        65 words
      • Article
        Yunnan to get BOC (HK) loan
        75 6 HONGKONG China's province of Yunnan will obtain a US$l4O million (*****.6 nullion) loan from the Bank of China's Hongkong branch, the Beijing-funded China Ne s Service (CNS) said yesterday. CNS said this was the largest foreign capital loan ever granted to the province, which
        75 words
    • Article
      Lock icon Growing concern at SEC over ratings firms
      584 6 Officials want to bring firms under tougher scrutiny Reuter WASHINGTON Top officials at the Securities and Exchange Commission are growing concerned about the clout of Wall Street's debt rating agencies and are proposing to beef up oversight. The firms like Moody's Investors Service,
      Reuter  -  584 words
    • Article
      Bangkok Bank tapping offshore markets for loan
      317 6  -  By Kooi Cho Teng SINGAPORE Bangkok Bank, Thailand's largest bank, will tap offshore capital markets for a US$75 million (*****.75 million) loan for general funding purposes. The five-year loan will be in the form of floating rate notes. Each note will have a
      317 words
    • Article
      Lock icon Taiwan puts the squeeze on credit to fight inflation
      246 6 Reuter TAIPEI Taiwan's central bank is quickening its pace to tighten credit as a way of fighting inflation and cooling speculation on the property market, officials and economists said yesterday. The central bank has issued NTS 27 billion (SSI.7 billion) of
      Reuter  -  246 words
    • Article
      Lock icon More calls for HKBank to shed central bank role
      437 6 Reuter HONGKONG Plans by Hongkong and Shanghai Banking Corp's parent to buy Midland Bank have stoked demands that it should lose its special historic niche in the British colony. HSBC Holdings' announcement last month that it is holding takeover talks with
      Reuter  -  437 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      215 6 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 calk in Germany, get an early Leave Singapore every day (except Thursdays), at 2105
      215 words
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      Page 6 Advertisements Column 2
      74 6 CRAZY CHAMPAGNE 4 Swiss Cosmetics Line Business Opportunities!! st Switzerland's award-winning highly successful manufacturer now seeking in Asia: Regional Importers/Wholesalers, Exclusive Distributors, and/or Co-Investors/Licencees local manufacturing for Singapore and Malaysia. Qualified corporations with market knowledge, financial and marketing resources please fax brief company profile to: Fax: 65 281 9142. Singapore
      74 words
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  • THE REGION
    • Article
      Big Thai firms increase wages
      539 7 They hope to keep workers from joining state companies giving huge pay rises BANGKOK Thailand's major corporations are moving to raise the wage scales of their employees this month in a move to prevent employees from moving to state corporations, which have recently implemented substantial
      539 words
    • Article
      Lock icon Keating proposes regular Asia-Pac, US meetings
      286 7 UPI SYDNEY Prime Minister Paul Keating has called for regular meetings of AsiaPacific leaders and the US aimed at expanding regional cooperation. In his first major foreign policy speech yesterday, Mr Keating said he had raised the idea with US President George Bush on
      UPI  -  286 words
    • Article
      Lock icon Small rise in Indon rice production likely: US embassy
      437 7 Reuter JAKARTA Indonesia, battling to maintain self-suffi-ciency in its staple food, can expect only a small increase in this year's rice crop, the US embassy said. In two reports on Indonesian agriculture, it predicted rice production this calendar year at 29.4
      Reuter  -  437 words
    • Article
      Lock icon Thailand's trade deficit shrunk in February
      152 7 AP BANGKOK Thailand's trade deficit narrowed 17.20 per cent in February from the same month last year as exports continued to grow at a satisfactory rate while imports slowed significantly. A spokeswoman at the central bank said on Tuesday that exports grew 17.96 per
      AP  -  152 words
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      Page 7 Advertisements Column 1
      94 7 AN INTRODUCTION I TO LAW I A 30-hour seminar Joinclv organised bv I designed to give anyone John \X infield (consultants Pie. Lid. I who ivants to acquire an Place John Winfield Centre I tnsit>ht to some aspects of I Ijxw like the I.aw of |kllt 6M V 2 14
      94 words
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      Page 7 Advertisements Column 2
      86 7 U P fie* f leS a H H 1 g^HgC mm STATEMENT OF ACCOUNTS JUNE *****1 ■HE [>-r.e I !-rcc<- Nr j j T<v? I f«) 1 j Cfl« I Save.. ___i_ I 1,, ..in ii lin in hi^hwmb— Canon CanofMe 9SO ||j ef DON'T JUST FILE IT. CANOFILE IT.
      86 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        European Parliament wants 20pc subsidy cut
        72 8 STRASBOURG The European Parliament has called for a 20 per cent cut next year in subsidies lor the F.C's tour million grain farmers. This contrasts with a proposal b> the European Commission to slash cereal subsidies by 35 per cent over three years. The
        72 words
      • Article
        US seizes US$644m in assets
        80 8 WASHINGTON The US government seized US$644 million (551.063 billion) in illegal assets in liscal year ml. a ->9 per cent increase over fiscal 1990. The Justice Department announced on Tuesday that the figure brought to more than USS2 4 billion in cash and property that
        80 words
      • Article
        N Korea announces Budget
        97 8 TOKYO North Korea brushed aside suspicions abroad about its economic woes yesterday to announce a 6.2 per cent increase in its annual state Budget this year with the smallest growth in defence spending in decades. The 1992 Budget was unveiled bv Finance Minister Yun Gi Jong
        97 words
      • Article
        Aussie debt ratings reaffirmed
        62 8 SYDNEY S&P-Australian Ratings has reaffirmed the domestic debt ratings of Australia's six states In its third annual survey of state government finances yesterday, b&rAustralian Ratings said that while no states had been downgraded in the 1991/92 vear ending June 30, significant strains had been placed on
        62 words
    • Article
      Lock icon EC's monetary union pact faces uncertainty
      491 8 Weakening of French, German. Italian govts threaten ratification w Reuter PARIS Frustrated by sluggish growth and high interest rates, voters are punishing parties in power across Europe and injecting a note ot uncertainty into the ratification of the treaty on Economic and Monetary Union
      Reuter  -  491 words
    • Article, Illustration
      Lock icon Argentina reaches deal on US$31b commercial debt
      454 8 Reuter SANTO DOMINGO. Dominican Republic Argentina and its creditors have agreed to restructure the country's USS3I billion (5551.2 billion) in commercial bank loans, signalling the possible end of its decadelong debt crisis. Argentine Economy Minister Domingo Cavallo said that the pact reached on
      Reuter  -  454 words
    • Article
      Lock icon China posts US$2b trade surplus
      154 8 AP BEIJING China had a trade surplus of US$2 billion (S$3J billion) during the first three months of this year. The China Daily, citing statistics from the General Administration of Customs, said yesterday that China exported US$l2.2 billion in goods and imported US$lO.2 billion worth
      AP  -  154 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      38 8 We've helped change the Now we're changing face of Singapore. our name. >'. Two major changes in the world of construction and engineering, from two IyiMPEY now be known as WIMRE Y- WO l H pryn h ttn on
      38 words
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      Page 8 Advertisements Column 2
      6 8 Europe struggles to find unity, Pgll
      6 words
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      Page 8 Advertisements Column 3
      87 8 1/1/ f y It's alright With the una boll micro E3ISSI rolling pen, water-resistance isjustoneof its outstanding qualities. The Uni-ball Micro Deluxe touch, thus allowing clearer rolling ballpoint pen uses a impressions with ease, special pigment ink which Reliable and perfect for can offer resistance to today's high-tech age. smudging
      87 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Le Meridien Changi makes up for lost time
      884 9  -  Sangeeta Mulchand reports on how the hotel, once considered ulil turned its location to its advantage Sangeeta Mulchand A COUPLE of years in the red, then a few more under receivership. Rumour even had it that the hotel would be turned into
      884 words
    • Article
      Making sure ads are read by the right people
      533 9  -  Circulation audits provide important information for the advertising industry. Clarissa Tan reports. Clarissa Tan Successful print advertising is more than just pretty pictures and catchy phrases. It is also getting the ad into the right publication, to be read by the
      533 words
    • Article
      Getting phone-callers hooked
      319 9 SPH's AudioTex provides faster route to customers HELLO. Thank you for your interest in our footwear promotion. If you are interested in leather shoes, please press I. If you wish to place an order for sneakers, press 2. If you are size 12 and above, please press
      319 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      177 9 1 HIGHLIGHTS 1991 JARDINE FLEMING Another Record Year m Record Profits of US$B4 million 53% return on shareholders funds Significant progress in enhancing services throughout the Asia Pacific region Funds under management up 37% to US$9.7 billion «I am pleased to be able to report another set of record results.
      177 words
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  • Article
    Suchinda: PM for '90s?
    456 10 EDITORIAL f READ in the US News and World I report that the most mistrusted peoM p| e are used-car salesmen, followed by politicians I don't want to be the secondworst kind of person.' So said General Suchinda Kraprayoon, just before the Thai general election last
    456 words
  • WHAT THE OTHERS SAY
    • Article
      Information revolution
      188 10 COMPUTERS have not only changed the way in which information is processed, distributed and used; the new uses of information have in turn revolutionised people s attitudes to, and expectations from, life itself. In this new era, the competitive edge belongs to those, whether individuals, companies or states,
      188 words
    • Article
      Quantum leap
      133 10 WHAT'S the difference between Malays today and yesteryear? In his Hari Rava message, the Minister in charge of Muslim Affairs, Dr Ahmad Mattar, described the sterling feature of Singapore Malays, namelv, their abilitv to make the quantum leap in progress. For example, the percentage of Malay professionals has
      133 words
    • Article
      Don't waver, please
      136 10 THE threat being posed to the status of Putonghua in China and the retrogression to using complex characters may puzzle some Chinese Singaporeans. Problems arising in China's language policy may not consequently bring about the revival of dialects or complex characters, but they can be a setback
      136 words
  • REGIONAL VIEWPOINTS
    • Article
      China-Japan ties
      217 10 TALKS have been held between Prime Minister Kiichi Mivazawa and the visiting Chinese Communist Partv General Secretary, Jiang Zemin. It has been 20 vears since the normalisation of the relations between the two countries for the purpose of not letting small problems harm the common good, in the
      217 words
    • Article
      A sensible strategy
      158 10 MALAYSIA has decided on a sensible strategy to combat the growing international campaign spearheaded by some industrial countries and small pressure groups using the environment as a pretext. Its three-prong campaign calls lirst tor understanding what makes these antagonists tick, what really riles them about Malaysia. The
      158 words
    • Article
      Hoping for the best
      142 10 NO ONE following the British election campaign I can begin to pretend that Hongkong has been topping the political agenda. With so many issues between Britain and Beijing still in the pending tray, the political persuasion and personality ot the tenant at 10 Downing Street is
      142 words
  • Article
    Asean begins to speak out
    1070 10  -  Myanmar's fleeing Rohingya Muslims have changed Asean's position of non-interference in another country s internal affairs, writes Said Abdullah Said Abdullah STRONG reactions by several Asean countries to the plight of Rohingya Muslims fleeing from Myanmar into Bangladesh signals a notable ehange in the regional
    1,070 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      139 10 TWO-VW I w W It's true, you can actually communicate with our ads and they'll respond! Incredible? Not if you're talking about advertising in the latest state-of-the-art electronic high-tech media. It's called Shine Singapore Press Holdings' inforich database on Teleview which incidentally is the most advanced videotext system in the
      139 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      44 10 DOONESBURY by garry trupeau <SgSBS%g I 11 MM. JI IS/Sp VOmRSPON7J££M A KNOW- (t WB/Smfimr t, AMCR HAS MAPZ you 7 °"%j- yu 'Zr M I jfc THOUGHT ABOUT yo) alf j sefM CPU? ANP &MOTB UEU....HOU. MB JOMCIT THOU' 0| TO my j
      44 words
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  • ANALYSIS
    • Article
      Lock icon Europe struggles to find unity
      1037 11  -  When members of the European Community met in Maastricht last year, little did they know that their problems would grow, rather than diminish. Tom Redburn reports Tom Redburn IHT PLAGUED by growing public doubts over the Maastricht agreement, leaders of the European Community are struggling
      IHT  -  1,037 words
    • Article, Illustration
      A big problem with contraband
      953 11  -  Smuggling across the border with China never used to be an issue with Hongkong's administration. Not until the recent wave of violence in the colony at least. Jackie Sam reports from Hongkong Jackie Sam llic writer is a Ihwxkonx-hascd /Htlitiail consultant IMPERIAL Commissioner Lin Ze
      953 words
    • Article, Illustration
      Lock icon Frightened by a little mouse
      966 11  -  As Euro Disney prepares to open its gates on Sunday, its French hosts worn/ about the impact on their culture. Andrew Gumbel reports Andrew Gumbel Reuter WHEN the French government First gave the go-ahead for a giant Disney theme park outside Paris, it was presented
      Reuter  -  966 words
  • Page 11 Advertisements
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      747 12 Nothing Beats A Bud. where to wine, dine P^NGOFBE^^ Bottles IS BACK WITH HARD ATTACK! Dynamic Sturm has now rejoined Hard Attack. Catch her in the act with the boys for a rollicking good time! It's Ladies Nile every Saturday. All ladies will receive a mystery gift. S BVW Plaza
      747 words
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      Page 12 Advertisements Column 2
      343 12 I DAILY AT PINE mm You'll enjoy our delicious selection of authentic Beijing Dian Xin served I amidst the splendour of an Imperial I Court. May we expect you today? IW From noon to 2.30 pm INi/A, IB Ala carte menu available. flfllQ mSm '//utrrfafn S t'jyyx-r li Ite irtMaa
      343 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      673 12 TELEVISION AND RADIO lie« Zt&£r" OM m MjP Tf W BUSINESS ON RADIO I? 11T1H111P SVIIXS 6.5S PM Opening. 7.20 Prayer Call. BBC, 88.9 mHz in VHF Band II lVtlllliA lA o 7.00 CNN (L). 9.00 News at Nina. 7.30 Captain N, tha Game Master 7.05 am, 1.30pm, s.ospfn, 1.05
      673 words
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  • LIFESTYLE
    • Article, Illustration
      All in the family
      713 13  -  SPH Young Playwrights Series Susan Tsang reviews Robin Loon's Absence Makes the Heart Grow Fonder, the first in a series of plays sponsored by Singapore Press Holdings Susan Tsang "I'm Henry, your son. "Hello. Henry your son." "No. Dad. I'm HENRY... YOUR SON! "Hello. Henry your
      713 words
    • Article, Illustration
      Lock icon No laughing matter
      739 13 Even as Britain goes to the poll today, comic writers look to the election candidates for inspiration. Royalty is not spared either Reuter THE British general election is no joke for the nation's comedians. The wits of the entertainment world are struggling to find the funny side
      Reuter  -  739 words
    • Article, Illustration
      North Korea honours its Great Leader
      387 13 CHATTERBOX IF YOU thought personality cults died with the Cold War, you obviously don't have a ticket to the Pyongyang film festival. Or perhaps that should be the Kim II Sung film festival. The festival, held by North Korea to mark the 79th birthday
      387 words
    • Article
      Lock icon A man-eat-dog universe
      456 13 Reuter BLACK-TONGUED dogs are man's best friend in one Indonesian province preferably fried. In Christiandominated Minahasa region of the Indonesian province of North Sulawesi, dog meat is the most sought-after delicacy among gourmet dishes ranging from bats to mice. They are often sold tresh from the cage
      Reuter  -  456 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      230 13 AND ENTERTAIN (jhrfll Power Lunch! The most talked-about Business Lunch in town. In the classical ambience of a hunter s lodge Daily Continental Buffet spread for lunch from 12 noon to 2.30 pm at $33.00++ per person. A ANA HOTEL For reservations. SINGAPORE call 732-1222 extension 1582 or 1597. ;®s
      230 words
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      Page 13 Advertisements Column 2
      23 13 Htgf) to temptations *isB :MM Fabulous prizes can be won ORCHARD P AJI AD t I lanftlin Road Singapore 1024 Tel: 73"'1 >33
      23 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      300 14 it MtM miM i' fi<i ii 11 T" aMsMHH u ,-> *7*l .J..-'-^J.,. -V- *IPW- THE ULTIMATE DRIVING MACHINE OR MERELY THE BEST CAR IN THE WORLD? For those who can altad the best life has to oil,, the, e a,a tew oa.s aa rewarding built-in memo.,, plaoa voo conrtortabl,
      300 words
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  • SPORTS
    • Article, Illustration
      Lock icon Watson takes his bearings
      571 15 AP AUGUSTA Tom Watson doesn't dwell on the shot hut he'd like to have a ehanee to hit another one just like it. On Sunday. Watson stood on the 18th tee last year, the 72nd hole of the Masters, tied with lan Woosnani of Wales and
      AP  -  571 words
    • Article
      Lock icon Chavez to defend WBC junior welterweight title
      324 15 AP MEXICO CITY Mexico's Julio Cesar Chavez defends I his WBC junior welterweight title against Angel Hernandez of Puerto Rico on Friday in one of three championship fights on a single card. Chavez has won all 79 of his fights, 68 by knockouts.
      AP  -  324 words
    • Article, Illustration
      Lock icon Day of controversy and crashes
      509 15 America's Cup AP SAN DIEGO Controversy, crashes and a comeback by the America 3 Foundation's Kanza marked the craziest day yet of the America's Cup semi-finals. Kanza survived a wild finish to beat Dennis Conner's Stars and Stripes by 57 seconds to move into sole
      AP  -  509 words
    • Article
      Lock icon S Africanborn runner seeks glory in London marathon
      372 15 AP LONDON —As a South Aft rican-born marathon runner awaiting United States citi- < zenship. Mark Plaatjes won't be running at the Olympics in Barcelona this year. Instead, he hopes to make his mark by winning Sunday's London marathon. Winner of the
      AP  -  372 words
    • SIDE LINES
      • Article
        Hussein in running for Boston Marathon
        120 15 BOSTON Defending champion Ibrahim Hussein of Kenya and second-place finisher Abebe Mekonnen of Ethiopia have entered the 96th Boston Marathon to be run on April 20. Hussein, 33, who fought off a challenge by Mekonnen in the final mile of the 1991 Boston Marathon
        120 words
      • Article
        China woos Soviet coaches
        67 15 BEIJING Taking advantage of the collapse of the Soviet sports empire. China is snapping up top-notch coaches trom its former communist neighbour to prepare for the Barcelona Games. Five coaches are already in China, which hopes to bring over a total of 13 to train its
        67 words
      • Article
        Sabatini struggles to win
        65 15 AMELIA ISLAND. Florida It was not easy, but second seed Gabriela Sabatini beat Linda Harvey-Wild 6-3 7-5 on Tuesday in the second round of the U*****.000 Bausch Lomb Championships women's tennis tournament. Top-seed-ed Steffi Graf was embroiled in a battle with German compatriot Silke Meier the
        65 words
      • Article
        MU's march held up
        120 15 LONDON Manchester United's march towards its first English League title in 25 years was held up by a 1-1 draw at Old TratTord on Tuesday night in an explosive clash with Manchester City. City, trailing 1-0 to the leaders, looked down and out after full-back Neil
        120 words
      • Article
        Call for blood testing
        79 15 NEW YORK Former world 110-metre high hurdles record holder Renaldo Nehemiah on Tuesday called on the International Olvmpic Committee (IOC) and world sports federations to begin blood testing to wipe out doping in Olympic sports. "People are beating the (urine) test. Testosterone and human growth hormone
        79 words
      • Article
        Woodbridge downs Connors
        102 15 TOKYO Todd Woodbridge of Australia trounced former world number one Jimmy Connors in the second round of the US$l.l9 million Japan Open tennis tournament vesterdav Connors was eliminated in straight sets. 6-0, 6-1, but the circuit veteran shrugged off the defeat. "If a game like toda\ discouraged
        102 words
      • Article
        Exit Agassi
        66 15 BARCELONA Another tournament, another early exit for Andre Agassi. Undermined by his own errors and handcuffed by his opponent's 185-kph serve, Agassi lost his 1992 claycourt debut on Tuesday to 94th-ranked Jacco Eltingh 6-4. 1-6. 1-6 in the Conde de Godo tournament. Agassi has won only four of
        66 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      326 15 UNDER INSTRUCTIONS FRO** MESSRS C B AVIATION PTE LTD ENGAGED IN THE MANUFACTURE OF AVIATION GROUND SUPPORT TOOLING EQUIPMENT MATSUURA MC 510 V Vertical Machining Centre 20 ATC. table we 380 760 mm. movement range XY2! 510 x 390 x Tsv c s NC «sr s,ze 380 mm 610 mm.
      326 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      452 16 Like the golden age of Italian art, Cathay Pacific's First Class has been reborn. Hwill see the presentation of a new and unique way of flying, one that will find the airline's first class service enhanced, both in the air and on the gro W ~W" y HEN Catha y
      452 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      277 17 Eathay Pacific's First Class has been reborn. This re-launch AjT Advertising Feature id unique way of flying, one that will find every aspect of on the ground. them more interpretation a when the «f__ It launched to provide passengers with a more H& Wp J* T r personalised all points
      277 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Stocks fall in line with declines in Tokyo, NY
      3699 18  -  By Kooi Cho Teng SINGAPORE stocks fell yesterday in tandem with declines in Tokyo yesterday and in New York on Tuesday. Brokers and fund managers predicted that stocks would edge lower in line with Tokyo's extensive losses, but falls would be
      3,699 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2285 19 Jurong Ship 50* 935 '5 1 SSI 60 468 1-2 -0 4% Sliaits Trading 266 +3 t-1.1% Ha* Par 226 -2 Pan Pacific 25* 42 2 Cilv De* Bond* W *1 1.0% Klif 300 +1 +-0.3% IV- H Glavs Wt 14 +1 77* V»an der
    2,285 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      108 19 YOUR KEY TO BETTERBUSINESS DECISIONS! Shine Singapore Press I foldings' infer,ch database suremems Sc highligh.s, 035 ng 740 1771 on Teleview, which incidentally is the most advanced and company news. videotex! system in the world. <>' subscription tee ol only $250* per month int roductory offer only. I And SIM
      108 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    2976 20 Samanda HUlgs 172 +12 +7.5% Shell 468 +4 +0.9% GIL US$0.10 73 i <? +1 Hex/a Corpn 50* 50 IVj +3 1% Berjava Group 74 +1 PMC 50* 160 1 +0 6% Lingu. 50- 44V, +1.1% Samanda Hklgs 172 +7.5% +12 Hcxza Corpn 50* 50
    2,976 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      235 20 banking, finance AND INSURANCE SUPPLEMENT 1992 A special Business Times Survey May 4,1998 The theme for this year's supplement Is "Managing the Tiger" which focuses nn 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
      235 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares end sharply lower following overseas lead
      4601 21 Bernama, Reuter LOC AL sentiment weakened following the continued slide of the 225-share Nikkei Average on the Tokyo market, thus leading share prices here to a sharply lower close across the board yesterday. The KLSE Composite Index at the close fell 12.85 points
      Bernama,; Reuter  -  4,601 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      PROPOSED ISSUES
      632 22 Company Rights Issue Atance Tedi One tor one SI 00 per share Bedford Issue of $175 lm nominal amount of 5 5% Ban* Guaranteed Bonds 1992 97 with detachable transferable subscription refits (TSR) on t|* basis of one TSR for every four ordinary shares to M$0 195 for
      632 words
    • Article
      RESULTS FORECAST
      391 22 Maw Board Last Fid Year Forecast Date Net Net Profit EPS amcd Year EPS Cross profit Range N« Ceapaqi Pened last jr ntmg (cts) in (S$«) (cts) raws Pal I Apr 19 Aug 92 295 100 28.013 1/2-373 14 1-309 $P* I Apr 26 Aug 92 62 6
      391 words
    • Article
      DIVIDENDS ANNOUNCED
      1590 22 Current Ex Books Date Total tor Total for payment date dose payable the year last year Acma 51 Jun 5 km 18 Jul 2 51 Amtefc Ei* 50c 61TE(I) Apr 15 Apr 21 Apr 30 t21TE 121TE Asean Fund US10C(b) Mat 10 Mar 20 Mar 30 US10C US10C
      1,590 words
    • Article
      OTHER RESULTS DUE
      387 22 Mai B«ari last FhH Tear Comm hiM 0U» Ye* EPS Crass Nj MMMCtd ending (cts) *r pn*t last year OT"*) EMS Final Nov 6 Jul 91 30TE R8781 Tte Final Mar 28 Dec 91 14 9 95 5,tt6 ||0f Final Mar 28 Dec 91 10 6 6
      387 words
    • Article
      INTERIM RESULTS
      531 22 Company Data MaH-yoar Group pro-tax latorta ann to profit/lots (L) drvidofld (000) H Leong Credit Mar 31 Dec 91 M$38.558($19.470) 3(4) Burwill Mar 31 Dec 91 HKS14,779(511.169) 25(25) Insas Bhd Mar 31 Dec 91 M$2253l($5211l) Material H Mar 31 Dec 91 $297L($549) -<-> Tongkah Mar 31 Dec 91
      531 words
    • Article
      AUDITED RESULTS
      234 22 Company Date Year Group Net Net earning! Cross vmmm, to prom/loss (L) per .hare dividend ('000) (coots) H Plaza Apr 7 Dec 91 111.395(17.074) 27(2) 3(3) UOL Apr 7 Dec 91 $34 403(S55.671) 7 7(9.6) 6(6) BAT Apr 1 Dec 91 $29,759(530,304 33 1(33.8) 34 7(32) Kintas Mar
      234 words
    • Article
      SCRIPLESS CONVERSIONS
      65 22 Conversion Special Trdg Scripless. Conversion deadline Period Trading Company starts (1DP) (ST) starts Centrepoint Mar 30 Apr 21 Apr 8 Apr 21 Apr 22 First Capital Mar 31 Apr 22 Apr 9 Apr 22 Apr 23 J Hai Sun Hup Apr 1 Apr 23 Apr 10 Apr 23
      65 words
    • Article
      RECORD HIGHS & LOWS
      156 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 high: 1316 68 21/2/92) 1«2 hifh: *****2 (27/1/92) 1992 low: *****9 08/4/92) 1992 km: ***** < 08/4 92 1991 tafh: 1333 08 3/6/91) 1»1 3/6/91 1991 low *****2 (16/1/91) Ml low: 1149 08 (16/1/9!) 135: !!'/w! ;«7-« 1990 low: 981.07
      156 words
    • Article
      PRELIMINARY RESULTS
      1076 22 Company Date Year Group pro-tax Not earnings Gross ann to profit/loss (L) p«r share dividend (000) (cMts) Gentings Apr 2 Dec 91 M$581.999($474.929) 1253(102 3) 40(135) Material H Apr 3 Dec 91 $2831(1562) -(2 04) 7TE(5TE) Hwan Apr 2 Dec 91 HK$805.446($661 306) 92 9(76 3) 7 4(6)
      1,076 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      527 22 Shirks Amount Stock Date Holder Shareholder/Director Sell involved Before Chge After Chge NatSteel 26/04/92 Street Names Temasek Holdings fpte) Ltd «b 20,000 74,03 40 501,698 19 05 J S,me Spore 01/04/92 Street Names Chan Kong Leong b 5,000 5.550 -J" i 6 314 880 74 95 Orchard
      527 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      368 22 In local curr In SS In L'SS S dy >r dy yr dy yT Apr 7 Index chge chge chge chge chge chge World 378.7 -0.8 -7.2 -0.9 -8.9 -1.1 -10.7 1EAFE 449.4 -1.3 -10.5 -1.4 -14.1 -1.6 -15.8 Europe 425.6 0.1 3.5 0.0 -1.3
      368 words
    • Article
      APPROVED ISSUES
      162 22 Company Rights Issue Bolton ftgbts issue of 35% Redeemable Unsecured Guaranteed Bonds on the basis of J? 00 nommal amt with one TSR tor every three shares held Tit Lec Bar* Rights issue of one for five <a J2 45 per share Two rights issued for one warrant
      162 words
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  • STOCK EXCHANGE OF THAILAND
    • Article
      Lock icon Stocks ease amid cabinet uncertainties
      2108 23 Reuter, UPI STOCKS closed lower yesterday after a volatile session that saw early gains wiped out by sales due to uncertainty about the make-up of new Prime Minister Suchinda Kraprayoon's Cabinet and the sharp Tokyo decline, brokers said. The SET Index fell 3.48 to 828.91
      Reuter,; UPI  -  2,108 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      159 23 Page prices provided by -tei_erate GROWTH TRIANGLE A special Business Times Survey April 15,1992 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
      159 words
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      Page 23 Advertisements Column 2
      286 23 MANAGERS MUST MANAGE BT shows you how MANAGEMENT Every Monday Many Are J Will Their Gamble Pay Off Banking, garment manufacturing, hotels... Singaporeans rp 1 1 rpl 1 are fearlessly plunging into the Cambodian economy and IQ k ITIQ I nPir takin °p art initsreb ildin Bulthe y faceanuneasypeace X
      286 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices plunge for 3rd straight day
      2520 24 Reuter STOCKS stretched their losing streak to a third day and the Nikkei closed sharply weaker yesterday, though off the day's lows. The 225-share Nikkei Average was down 616.02 points to 17,175.53 at the close, with about 320 million shares traded compared with
      Reuter  -  2,520 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Hang Seng Index ends 99 points lower
      2481 24 Reuter THE Hang Seng Index fell 2.01 per cent in moderate trading, knocked lower by the 600-point plunge of the 225share Nikkei Average in Tokyo and growing worries in late trade that Wall Street will follow suit later in the day. The blue-chip
      Reuter  -  2,481 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article
      Lock icon Shares at seven-month low, thanks to Tokyo
      2162 25 Reuter, UPI THE continued freefall in Japanese share prices sent a wave of panic through the stock market, which closed at a seven-month low despite finishing above the day's worst levels, dealers said. They added that the All Ordinaries Index hit a low
      Reuter,; UPI  -  2,162 words
  • REGIONAL STOCK MARKETS
    • Taiwan shares follow Tokyo's fall to end lower
      • Article
        Untitled
        474 25 Taipei Apr 8 vr$ VoKW) All Sincere Ind 15.40 -0 30 10 Asia Cement 67.50 -1.00 697 Cathay Constr 74.50 -0 50 1152 Cathay Life Ins I9 f 99 *,'99 .ili Chang Hwa Bank 116.00 -4.50 1242 Cheng Loong 26.30 -0.10 1259 Chia Hsin Cement 55.50 -0.50 1141 Chia Hsin
        474 words
      • Article
        SEOUL
        847 25 SHARE prices finished lower yesterday across the board on losses in Tokyo and brokers said the market could fall further in the near term. The Weighted Index fell 61.28 points to close at 4,552.46, compared with Tuesday's 4,613.74 finish. Turnover rose to NTS 17 billion from NTS 12.27 billion.
        847 words
      • Article
        MANILA
        441 25 THE STOCK market's three-day rally lost steam yesterday as a power failure during trading dampened investor interest, brokers said. Trading slowed, pushing the Composite Index 3.83 points lower to close at 1,135.99. Overall turnover on the two bourses, boosted by trade on the Makati Exchange, which was spared by
        441 words
      • Article
        WELLINGTON
        159 25 THE SHARE market dipped to its lowest level in six months at the close yesterday, but brokers were reasonably happy given the despondent overseas markets, particularly in Tokyo. Brokers said most of the selling pressure had come from overseas while local investors were moving in to pick up bargains
        159 words
      • Article
        BOMBAY
        132 25 SHARE prices recovered from an early setback but finished broadly lower in volatile trading on Tuesday, brokers said. "A technical correction is underway. Everyone wanted to unwind their position," broker R Y Shah said. Bourse managers relaxed trading restrictions after prices fell sharply on Monday but the market did
        132 words
      • Article
        INDICES & TURNOVER
        58 25 INDICES TURNOVER Clow Apr 8 Prrviou* NEW ZEALAND NZSE-40 Capital 1.380 80 1.390 83 -10.03 MANILA Composite Index Turnover (million) 1.135 99 601 4 1.139.82 3909 -3.83 210.5 TAIPEI Weighted Price Index Turnover (NTS billion) 4.552.46 17.0 4.613 74 12.27 -61.28 -4.73 SEOUL Composite Stock Index Turnover (billion won) 572.97
        58 words
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  • WORLD STOCK MARKETS
    • Growing pessimism sends Dow down
      • Article, Illustration
        NEW YORK
        1326 26 STOCKS tumbled in choppy trading on Tuesday, suffering their biggest loss since the mid-November debacle as investors took profits in the face of growing pessimism about the economic recovery. The Dow Jones Industrial Average, which surged 26.38 points on Monday, plummeted 61.94 to 3,213.55 its biggest one-day loss
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      • Article, Illustration
        LONDON
        733 26 A DULL Wall Street opening eroded most of the gains made during Tuesday's session on the London Stock Exchange, while political uncertainties ahead of today's general election kept volume levels subdued. The blue-chip FTSE-100 Index, which rose 18.2 points on Monday, was up 3.3 points to close at 2,404.2.
        733 words
      • Article
        FRANKFURT
        86 26 STOCKS advanced on Tuesday, as the DAX spot trend index ended the day at 1,739.42, up 4.80 points from the Monday close, while the Commerzbank indicator broke up through the 2,000-point level to end at 2,007.40. Operators said stock prices were helped by good demand on the part of
        86 words
      • Article
        AMSTERDAM
        253 26 SHARES ended mixed on Tuesday, eroding most of their gains as losses on Wall Street slightly depressed sentiment at the close, traders said. Actively traded Royal Dutch, the day's star performer which closed 2.10 guilders higher at 147.20, benefited from firm oil prices and a renewed buy recommendation from
        253 words
      • Article
        ZURICH
        314 26 SHARES ended a moderate session a touch higher on Tuesday, helped a little by Wall Street's gains on Monday, London's firmer tone and easier money market rates. News that Swiss annual consumer inflation rose to 4.9 per cent in March from 4.6 per cent in February was in line
        314 words
      • Article
        BRUSSELS
        334 26 SHARES ended mostly firmer in moderate trade on the first day of the new account period on Tuesday, but nonferrous metals stock Acec-UM plunged as the session ended. The Bel-20 Index of leading shares closed up 3.62 points to 1,188.27, with 791 million francs worth of shares traded. Petrofina,
        334 words
      • Article
        TORONTO
        381 26 STOCKS plunged nearly 50 points, the sharpest drop in the market for 1 1/2 years, dealers said. Players have been backing away from the market for the past month and listless volumes have exaggerated the swings in the market, they added. "There haven't been a lot of players in
        381 words
      • Article
        PARIS
        228 26 A HANDFUL of blue chips, including Alcatel Alsthom, Elf and Total, marched higher in an otherwise uninspired market on Tuesday, with the main share index closing steady. The CAC-40 Index nosed up just 0.61 point, or 0.03 per cent, to finish at 1,975.38 on an average trade of 2.24
        228 words
      • Article
        JOHANNESBURG
        382 26 GOLD shares lost 3 per cent of their value in low volume trade at mid-day on Tuesday 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 about world equity markets,
        382 words
      • Article
        Untitled
        192 26 Milan Apr 7 Lire A&sitalia Bastogi Fiat "*815 Generali ***** Ifi Priv ***** (taigas 3413 3407 Italcementi ***** ***** Montedison 1358 Mediobanca ***** -370 Magneti 6®' Magneti Risp 660 Olivetti 2803 Olivetti Priv 2255 Pirelli Spa '240 Pirelli Co *250 Pierrel '665 Rinascente 6850 Q,f a 1240 Snia Bpd I•
        192 words
      • Article
        INDICES & TURNOVER
        75 26 INDICES TURNOVER 1 NEW YORK Dow Jones S&P 500 Turnover (million) (lose Prnious 3.213.55 3.275.49 398.06 405.59 205.21 179.91 Apr 7 -61 94 -7.53 25.3 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.865.3 2.4042 3944 1.859.2 2.4009 410.8 +6.1 3.3 -16.4 FRANKFURT DAX Index 1.739.42 1.734.62 4.80 AMSTERDAM EOE
        75 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      27 26 The market reports for Milan and Stockholm were not available. Personal Finance Investment in Business Times every Saturday Managers Must Manage BT shows yon how every Monday.
      27 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback eases further against yen despite sharp Nikkei fall
      1167 27 reports ASIA I Tokyo: The dollar dropped further against the yen yesterday on large speculative sales and cross-related selling despite another sharp drop in Tokyo share prices, Asian dealers said. It remained steady against the mark. "There was large Middle East
      1,167 words
    • Article
      Lock icon Good times keep getting better for D-mark
      459 27 IHT PARIS The Deutschemark is on a roll, gaining against all currencies except the French franc. Analysts say they do not expect a quick reversal of the trend, which is based primarily on a reappraisal of how long it will be before the
      IHT  -  459 words
    • Article
      INTERBANK FOREX RATES
      384 27 Cross rates Apr8 USS SS MS Dm Yen SFr AS NZS USS 1.6520 2.5700 1.6220 133.30 0.5714 1.4900 1.3072 1.8382 SS 0.6053 1.5557 0.9818 80.6901 0.3459 0.9019 0.7913 1.1127 0.3891 0.64 0.6311 51.8677 0.2223 0.5798 0.5086 0.7153 Dm 0.6165 1.0185 1.5845 82.18 0.3523 0.9186 0.8059 1.1333 Yen
      384 words
    • Article
      MONEY MARKET
      536 27 Interbank rates S$ Bid Offer Overnight 3 3 1/8 1-month 3 1/8 3 1/4 2-month 3 3/16 3 5/16 3-month 3 1/4 3 3/8 Overnight mode: 3-1/8 tss B«j Qff* r 7 days 4 1/16 4 3/16 1 month 4 1/16 4 3/16 2 months 4 1/16 4
      536 words
    • Article
      FINANCIAL FUTURES
      1302 27 SIMEX EURODOLLAR 96 Low Sett Est Vol Act/Vol Op/lnt 96 92 95.70 95/75 95?70 95j7 1 1500 5562 ***** Sep 92 95.40- 95.47 95.40 95.42 ***** 7836 ***** IVc 92 94 75 94 82 94.74 94 76 7000 3477 7473 92 Mar 93 94 46 94 5 3
      1,302 words
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Page thumbnail Page 28
  • COMMODITIES
    • Article
      Lock icon Malaysian tea self-sufficiency effort hits snags
      756 28 Bernama TANAH RATA. Malaysia Difficulty in getting highyield seedlings, clones and an acute labour shortage are hampering efforts to make Malaysia self-sufficient in tea production by the year 1995. an industry leader said on Monday. Datuk S Brijkishore, chairman of the Malaysian Tea Producers
      Bernama  -  756 words
    • Article
      Tin price unchanged on scattered buying
      871 28 REPORTS THE price of tin on the Kua- I la Lumpur Tin Market re- I nuincd unchanged yesterday at M$ 14.57 per kg on some scattered buying by Japanese, European and local investors. t The market opened at last Thursday's closing of MS 14.57
      871 words
  • Article
    PRICES
    1389 28 Rubber MS (tot to s cents/k8 Kl Noon Close Int 1 RSS Prompt >41.25/142 25N I' M In! 1 RSS Mav 92 142 00/142 50 140.75/141 25 In! I RSS June 143 50/144 00 142 00/142 SO A| Int 2 RSS OP 13V.50/140.SON I38.50H3V.50N y Int RSS OP 13V0(V140
    1,389 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1117 28 BUSINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3698 HTP HOLDINGS LIMITED (Incorporated in Singapore) LOST SHARE CERTIFICATES The undermentioned certificates have been reported lost, mislaid of destroyed Name Certificate No. No, Ql Shares Aw Moon *****6 1 x 1000 Annte Chan Siew Cheng *****2 1x 500
      1,117 words
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      Page 28 Advertisements Column 2
      6 28 Innovation Technology in BT every Tuesday
      6 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1010 29 City Flight ETA Flight ETD City Flight .I 1 MH640 0805 SQ102 0730 Abu OfcaiM GA887 1415 GA894 2015 MH630 0855 MH604 0740 faMaMo QF5 2010 SQ103 0950 SQ228 2040 MH605 1020 SQ104 0830 SO 105 1050 MH670 09D0 Amsterdam SQ23 0700 GA894 2015 X™ KL837
    1,010 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Magic Kingdom fails to enchant all
      591 29  -  LETTER FROM PARIS By Elaine Ganley C'EST Mickey Mouse! Et Minnie! And Tina Turner, Cher and the Temptations, who will be on hand this weekend to celebrate the inauguration of the new US$2 billion-plus (over Ss3 billion) Euro Disneyland. Not everyone's enchanted bv the
      591 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 29 As at 3pm yesterday. IxksI dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2518 1.2688 Canadian dollar 1.3738 1.4015 NZ dollar 0.8860 0.9040 Sterling pound 2.8729 2.9118 US dollar 1.6470 1.6530 l>ocal dollars to 100 units of foreign currency Austrian schilling 14.29
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      28 29 Dura.,on Title Venue Organ,ser Titlc *2* April-May International Fair Buenos Aires. Interexpo 54MI753I May 7-16 lmen»at,onal 541-*****3 »sr Ir- 1 ~tS, ssz~ Materials« Association Technology
      28 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      44 29 It's amazing the lengths Finnair goes to for just one price. Fly Finnair to Europe and well take you to 35 natior s J**** *****8 pnce Check with your travel agent or call *****77 for more details. W« Know Europe £roen nan to Hnnish.
      44 words
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      Page 29 Advertisements Column 2
      24 29 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 749-2577
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    • Advertisement
      Page 29 Advertisements Column 3
      57 29 V THli I w# Britain goes to polls today. I To vote in a new government. I Will it be the Tories again? I Or will Labour triumph at last? I We look at the possibilities today And what it means for the Englishman on the street. the paper NEW,
      57 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      134 29 indignation receiving affection Laj 28 Nowhere near as bad <6,2,3) 9 Wool-gathering work (5-8) YESTERDAY'S SOLUTION DOWN 15 Order in layer of frame--2 Would this dance leave works of tissue (8) [SIT one pale? (5) 17 Accept as true that the bill Mi ■hMemvibl Mg|°lTJ"| 3 Swindled family for some
      134 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      160 29 Singapore Outlook: Showers over several areas in the late afternoon and early evening. Report: Maximum temperature 33.3 Assoc humidity 69% Minimum temperature 22.5 Assoc humidity 100% Hours of sunshine 8.30 Rainfall in mm 94.7 Rainfall this month 6.7 Rainy days this month 4 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 16/07
      160 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      26 29 r L GLN> "TO G£ T 'NfO uoRK uM-tpiT DRg.ftOF"uL U)£PiTH€.R.... ftND GsfeT THCSg. U€J CIRCS' Off... V/ JIP r J:amU C ASSOCIATED NEWSPAPERS LTO.. IM2HS2
      26 words
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  • Article
    Yeltsin sends naval chief to oversee fleet's transfer
    530 30  -  He also gets set to reshuffle Russian govt From John Helmer in MOSCOW RUSSIAN President Boris Yeltsin dug in his heels yesterday against Ukrainian demands for eontrol of the big Blaek Sea fleet, while at home he prepared to reshuffle his reformist
    530 words
  • Article
    Lock icon Arafat survives crash landing in desert with slight injuries
    394 30 Reuter TRIPOLI, Libya PLO chairman Yasser Arafat survived a 15-hour ordeal in the Sahara desert yesterday, battered and bruised after his plane made a crash landing during a sandstorm over south-eastern Libya. "I'm well and thanks to all," he said in
    Reuter  -  394 words
  • Article
    Lock icon Jiang lauds Tokyo investments and vows more reforms
    364 30 Reuter, AFP TOKYO China's communist party chief yesterday heaped praise on Japanese business leaders for investing in China and pledged further economic reforms to attract more large-scale investment. "China is making progress through economic reform and (market) liberalisation, so its potential for
    Reuter,; AFP  -  364 words
  • Article
    Lock icon Propaganda units back Deng's call for quicker reform
    280 30 AFP BEIJING The People's Daily, the official Communist Party newspaper, yesterday reported an about-face by China's ideological watchdogs. heralding a possible end to three years of restricted expression. In a small story buried on a back page, the paper reported that the
    AFP  -  280 words
  • Article
    Lock icon Britons to cast votes in close-fight election
    513 30 Labour Party holds slim lead in opinion polls Reuter LONDON Britain will today cast its judgment on 13 years of Conservative rule, including the Thatcher revolution. in one of the closest general elections since World War 11. The Labour Party, hoping to catch
    Reuter  -  513 words
  • Article, Illustration
    Business is the horse that pulls the IT cart
    668 30  -  The Bottom Line KENNETH JAMES KENNETH JAMES The writer is BT's Economics Correspondent FACTION, National Computer Board chief executive Ko Khcng Hwa calls it; today's science fiction translated into tomorrow's fact of life. Singaporeans had a liberal dose of it last
    668 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      171 30 The World's Finest Photographic System I <PALAU El vv&VHO I SslBBB-00 per Adult *****8-00 per Diver Airfare to Palau via Manila Airport Transfers 3N Palau Pacific Resort in Garden View Rooms Welcome Onnk One night stay in Manila FREE Unlimited use of Windsurfers. Aquacycles. SmIM Rafts. Saitboards Canoes DIVERS 4
      171 words
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      Page 30 Advertisements Column 2
      230 30 Nikon The World's Finest Photographic System SHANGHAI PUDONG NEW AREA Prime Commercial Site For Sale By Tender Site Area 7,394 sq m Term Of Land Use Right 50 years Development Potential Commercial Building with a total floor area of 40,000 sq m Tender Closing Date -15 May 1992 For further
      230 words
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  • Shipping Times
    • Article, Illustration
      UK's Benair Freight ties up with US Express
      382 31  -  By Dexter Lee SINGAPORE Manches-ter-based air-sea freight forwarder Benair Freight Ltd has forged a strategic partnership with American counterpart US Express Inc to capture a bigger share of the international forwarding market. Early last month, the two medium-sized companies struck a "mutual
      382 words
    • Article
      US Coast Guard opens inspection office here
      228 31 SINGAPORE The United States Coast Guard has opened its first inspection office outside of the US in Singapore. Known officially as the Marine Inspection Detachment Singapore (Mids), the new office will conduct inspections on US flagged vessels and offshore oil rigs operating in
      228 words
    • Article
      Lock icon French banks lend Vietnam US$20m to buy aircraft
      212 31 Reuter HANOI Three French banks have Financed Vietnam's First successful purchase of western aircraft, ofFicials from two of the banks said on Tuesday. Earlier Vietnamese attempts to buy aircraft from the West failed because of a US trade embargo. Banque Indosuez, Banque
      Reuter  -  212 words
    • Article
      Lock icon Soviet ships allowed access to 7 US ports
      184 31 Reuter WASHINGTON Merchant ships from the former Soviet Union will be allowed to enter seven of the 12 US ports that were previously offlimits because of their sensitive military nature, the White House said. It said the decision to grant ships from
      Reuter  -  184 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      850 31 Page Col ABC Containerline 12 1 Accord Group 8 1-3 APL 5 3-5 APC Line 13 5 Arrow Inter 9 2 ASCL 5 9 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 19 3 Bangladesh Shpg 8
      850 words
    • Article
      Sisir, German firm team up on SATS project
      372 31  -  By Tan Hua Joo SINGAPORE The Singapore Institute of Standards and Industrial Research (Sisir) and a German system consulting firm, Industrieplanung Organisation GmbH (I&O), have embarked on a joint system consultancy project for Singapore Airport Terminal Services' (SATS) new in-flight catering centre.
      372 words
    • Article
      Steamers unit launches feeder service in South China
      229 31 SINGAPORE A Steamers Maritime Holdings Ltd subsidiary in Hongkong, SLT Shipping Co Ltd, has started a new feeder service in South China. SLT Shipping, a 70-30 partnership between Steamers and Luen Tong Co Ltd in Hongkong, has deployed a 64-TEU barge on
      229 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        ROV reminds owners of cars 10 years or older
        61 32 SINGAPORE The Registry of Vehicles yesterday reminded owners of cars which are at least 10 years old to revalidate their Certificates of Entitlement if they want to continue Using their cars. If the respective COEs are not revalidated by May 1.
        61 words
      • Article
        Analyst on transport stocks
        69 32 PHILADELPHIA Morgan Stanley analyst Andras Petery repeated buy recommendations on several major transport stocks due to favourable first quarter earnings prospects, a spokesman for Mr Petery said. The stocks cited by Mr Petery were freight railroads Consolidated Rail Corp, CSX Corp, Union Pacific Corp and Burlington
        69 words
      • Article
        Hewlett-Packard's US$100m deal
        74 32 PALO ALTO, California Hewlett-Packard Co said a unit of GM Hughes Electronics Corps Aircraft Co will buy up to -US$lOO million (*****.4 million) worth of HPs PA-R'*c--based workstations and servers. HP will supply up to 4,300 HP Apollo 9000 Series 700 systems to Hughes Data Systems over
        74 words
      • Article
        Yacht hits whale off Tunisia
        113 32 TUNIS The Tunisian navy rescued a British couple whose "vacht hit a whale and sprang a leak in the Mediterranean between Sardinia and Tunisia, the news agency TAP reported on Tuesday. The couple, identified as M Myers and his wite. hit the whale at dawn
        113 words
      • Article
        Cousteau's ship in Vietnam
        115 32 HANOI French explorer Jacques-Yves Cousteau s ship -Calypso arrived in Vietnam on Friday in preparation tor a "three-month trip of scientific research and filming on the -Mekong river, Vietnamese officials said. The 20-metre ship, packed with scientific and film equipment, pulled into the -port in southern
        115 words
      • Article
        Djibouti lifts S Africa boycott
        72 32 DJIBOUTI Djibouti said on Tuesday it was lifting all -trade and travel restrictions on South Africa due to "very -positive developments" there. An official statement said the -council of ministers had agreed to lift the boycott on all goods for or from South Africa and
        72 words
    • Article, Illustration
      Lock icon UK ports: a blight is lifted
      1133 32 Since the the repeal in 1989 of the National Dock Labour Scheme, British ports are enjoying a new lease of life, a far cry from the situation less than four years ago International Transport Journal Less than four years ago. British ports, or the
      International Transport Journal  -  1,133 words
    • Article
      COCKETT BUNKER MARKET REPORT
      815 32 THIS twicc weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      815 words
    • Article
      THE SHIPPING GUIDE
      10882 40 This is a list of ships loading fi at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line in- volved and the estimated dates of arrival and departure i from the Port of Singapore, j LEGEND i PN:
      10,882 words
    • Article
      SHIPPING AGENTS
      3259 45 AL X &JX C ontainerline N\: Belsin Shpg Agcncies Pte Ltd (SVManne Handling Sdn Hhd (PK/PN). \cnn£ Group: Accord Shpg Pte Ltd (SV \acord Contr Line (PK/PN). Vdkri* Businns orporation Philippine Calsuarce Shpg Trdg Pte Ltd (S) Xhreakiel liner Service Kim Shpg Trdg (S) Mbutfbs Sea-Air Service: Frata
      3,259 words
    • Article
      COURIER SERVICES
      269 45 Abacus Couriers Tel 545-8011. Fax: *****98 Air K\prfss I ravel Tel: 533-5771. Fax: *****44 Airborne Freight C orporation Tel. 542-8844 Fax: *****16. *****80. Airswift Worldwide Courier Tel: 278-0188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50 Cluster I.ink Supplies
      269 words
    • Article
      AIR FORWARDERS
      1507 45 Abex Express Freight Tel: 542-7171. Fax: *****84 Actinic Forwarder Tel: 225-1833. Fax. *****42. Activmir Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-803j!Fax: *****05 Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air Market
      1,507 words
    • Article
      PORT CONDITIONS
      3263 46 ARGENTINA No report received. AUSTRALIA On Mar 23 at 0800 hours Dalrymple Bay coal terminal unions had stopwork meeting resulting in strike action, but returned to work on Mar 23 at 1900 hours on recommendation of arbitration commisioner. One vessel was loaded, locked in berth; 3 vessels were
      3,263 words
    • Article
      SHIP SALES & TANKER RATES
      1161 46 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Aegean Lion: 72,044 dwt and built Feb 1977 Mitsubishi Naga. try excess of US$9 million. Rea: 60,107 dwt and built Mar 1973 Taiwan, try offer in region of US$6 million. Trans Effort: 42,637 dwt and built Dec 1987 Mitsui Tamano and
      1,161 words
    • Article
      AIR FREIGHT SCHEDULE
      555 46 ARRIVALS Op Flight 1 >pe ETA 1 From DEPARTURES Op Flight l>|H* FID 1 lo TODAY KAL KE697 B747F 0150 1 SEL SIA SQ827 B747F 1730 2 C PH/DXB CLX CV794 B747F 1845 1 LUX/DXB NCA KZ203 B747F 1930 1 NRT KAL KE685 A30F 2345 1 SEL/MNL
      555 words
    • Article
      CRUISE & FERRY SCHEDULES
      635 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA E1D Ports of Calls Port Agent APRIL 09 09 Royal Pacific 1000 1800 Sin-Jakarta Ocean Trade Chartering 10 10 Island Princess 0800 1800 Australia/ Asia Straits Shipping 10 10 Andaman Princess 0700 1400 Sin-Cruise to Lines Int'l Holdings Nowhere
      635 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        566 47 Vessel Voy No Berth Vnvji Departure Vessel Voy No Berth Arrival Departure Marina Terminal 1 Batam Maiu *****2 M04 alongside 09 04 0500 Batam Mum. *****2 M05 alongside 09 04 2300 Btm Bahagia *****2 M04 alongside 09 04/0500 £miy 9203 M02 alongside 08 04/1900 Far Trader 9213N
        566 words
      • Article
        CONTAINER SCHEDULE
        1518 47 pr 1 ivfBV rtF FCL IMPORT CONTAINERS IN PROGRESS 07 0492 0735 Fong Yun 9207 COO(EST) 08.04.92 1500 KotaRakyat U1 J#-J« j 2023N COO(EST) 0804 92 2100 PGarMd 058E 07 04 9 COO(EST) 08 04 92 2130 *5? S 5 1000 Ml 148 COO (EST) 08 04 92
        1,518 words
    • Article
      TRANSPORT DIARY
      960 48 Mfy 8 (1 day): Implementing anil Developing Strategic Logistic Systems, organised by Singapore Institute of Purchasing and Materials Management. For more details, please contact SIPMM Secretariat at let 273-4172 or fax: 274-1132. May 15-16 (l'/ 2 days): ISO 9000 for Warehousing and Distribution Centres, organised by Singapore Institute
      960 words
    • Article
      DAILY FREIGHTS
      612 48 DRY CARGO freight rates continued to weaken in a thin market with the Baltic Freight Index marked down a further six points to 1.154. brokers said on Tuesday. The Pacific Panamax market remained the weakest with the US North Pacific to South Japan heavy grain route marked down
      612 words
    • Article, Illustration
      Conoco's second doublehulled tanker ready
      330 50  -  By Dexter Lee SINGAPORE Houstonbased Conoco Inc, the energy subsidiary of chemical giant Du Pont Company, will soon take delivery of its second US$5O million (SsB3 million) newly-built double-hulled tanker. The new vessel, which was christened the Guardian on Tuesday, will then be deployed to
      330 words
    • Article
      Lock icon Northrop pulls out of LTV aircraft unit bid
      341 50 AP NEW YORK Northrop Corp backed away on Tuesday from joining a bid for the aircraft divisions of LTV Corp, saying it didn't want to endanger its existing contract for the B-2 bomber. Northrop's decision came 1 on the eve of a
      AP  -  341 words
    • Article
      Lock icon China to resume flights to Vietnam next month
      352 50 Reuter BEIJING China will resume direct flights to Vietnam on May 7 after a break of 14 years with a service between the south China boom town of Guangzhou and Vietnam's Ho Chi Minh City, officials said yesterday. The twice-weekly flight will
      Reuter  -  352 words
    • Article
      Lock icon White House officials' trips cost taxpayers $1.3m
      372 50 Reuter WASHINGTON President George Bush's top officials have run up a two-year bill of more than U*****,330 (S$ 1.3 million) by using military aircraft for personal and political trips, the government General Accounting Office (GAO) said on Tuesday. US taxpayers must foot most
      Reuter  -  372 words
    • Article
      Lock icon US allows Iran to buy 2 Airbus planes
      168 50 AFP WASHINGTON The US has decided to allow the export to Iran of two Airbus aircraft equipped with USmade engines, a State Department official said on Tuesday. Washington opted in February to approve the transfer, which previously was considered a violation of
      AFP  -  168 words
    • Article, Illustration
      Lock icon Fuel economy in cars possible without risking safety: US panel
      490 50 AP WASHINGTON Cars can be made to achieve significant fuel savings with little safety risk caused by shaving their weight and size, a research panel said on Tuesday. The panel acknowledged that there likely would be a safety cost if
      AP  -  490 words
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      26 31 Lines and MrvlcM rtprtuntid by Mtmbnrs of ttoo Roglstry of Accrodltod [?hS*» ItHanlnn Axont*. National Shfo- xtXsSmfl plwgflnofmlin /•'or advertising enquiries, contact Shipping Times Tel 740-20H9/740-2090.
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      230 31 Some Reasons For THE STRAITS TIMES WEEKLY OVERSEAS EDITION You've posted a manager to head your Tokyo office. The Straits Times Weekly Overseas keeps him posted. For other reasons, send in your subscription now. The StraiteTiines IWECKLV •WHIM KPITION Making an issue of the major issues I MII sMd tl
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      40 31 Your son is studying overseas. And you want him close to home -with news from home. To your principals and business associates overseas, it's assuring that Singapore is great for business. The Straits Times Weekly is like a country report.
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      123 31 toe FAMOUS im ■!MlllgUi 224 1833 Kor more information pleaHe refer to Pg. 13 Air Forwarders 15 Air Freight Schedule 16 Cockett Report 2 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily Freights 18 Inde* 1 Port Conditions 16 Shipping Agents 15 Shipping Guide 10,11 Shipsales Tanker
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      63 32 Employ Business Times. Singapore's foremost business and financial daily is compulsory reading for the successful. If you're "head' hunting", 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 Ex- A style if
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      2361 33 hipping Times, Thursday April 9 1992 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES \%|V#/ I "MJ g~± f-k /I TEL: *****11 FAX *****09 Wllf I H.H >111 BOOKINGS TEL *****34 *****58 M.%* TERMINAL/CFS TEL *****18 220 1* HffiU I wwvh k5Ki riiQ^nmnt PENANG TEL *****4 FAX: *****1 CFS TEL: *****6
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      Page 33 Advertisements Column 2
      1329 33 uammasssm 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 Cap* 800 a vista A(M This »wli Madison Maersk 9204 14/4 0800 HRS Port BM MM HHi I CFS 13/4 2359 HRS Kelang Penang O AK
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      1301 34 R dam/ VOY NO S PORE JCODAH S HAMTON H BURG ANT LC HARVE DANUBE 01/114 9/4 18/4 2/5 28/4 27/4 IHKwHB LUOWIGSHAFEN EXPRESS 01/314 12/4 ?9/4 1/5 4/5 5/5 1 MJ. VC3TBOUND MONTE ROSA 18/115 16/4 25/4 9/5 5/5 4/5 POUT KELAH6 ft POMH6 ELBE 10/315 19/4 6/5 8/5
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      636 34 SEASPAC SERVICE CONTAINERS B BREAKBULK DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L J BONT ANG 3507E8 27-29/4 10/5 12/5 17/5 "A" VSt 27/5 7/6 10/6 14/6 Transit Time (16) (22) ALSO ACCEPTING CARGO VIA SUVA 10 LAUTOKA PAGO PAGO. APIA NUKUALOFA. P VILA FASTEST SERVICE TO CHIE/PERU SIN
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      1389 34 EUIWOBAiXA Aim REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE VSI/VOY SJH W.G BQ HAM BK ROT MIT FEI M.G) HAM) ROT) "gSTS! 9206 3 $s JJS 13/05 16/05 !5/?5 S/S U'£ ?S/S1 S?/SI ri™* 3 sb ss s« as ss 3S !t;si N PSNCESS 9210-3 09/05 28/05 30/05 01/06
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      1685 35 W STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fac *****17 ACCEPIS DUt SAItS CAKGO STOW B'KON STRAITS VENTURE VOTE Muara Lab. KK 13 14 Ap« 15 Apt 16 Apt ISItBRUGGL V 06N 15 16 AP* 19 20 APR RAMH BROOKE VO9E Muara
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      1574 35 kt i 4 SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd I 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 W Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 Y <1 CR Number **********0Z EXPORT HSi™. SS I3S 355 Sm 188. SK. SE. SKS
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      486 36 IfllllHlj CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI VOY ROAM ADAM HBURG BRtMtN ANIWtRP SRIWIIAVA 34M8 23.4 29 5 3 6 7 6 10 6 K'JTAI 25W8 2b i 28 6 3 7 7 10'/ FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to Inducement. Also accepting cargo
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      1340 36 HANJIN SHIPPING FDR VSL SM UNI HAUL IGB OAK fDR VSL SIN IIM HAU. SAV U» WfC HANJIN LEHAVRt 017t 1? 4 OWCI IS b*> HAN AN KUNSAN 073E 13 1 M PLEASURE 02* 21/5 22/5 24/5 HANJtN OAKLAND 0171 19 4 OWtCI 10 5 1J 5 FISHGUARD BAY 2051
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      1306 36 -I -1 M. uy KSC MG UG PUS Ml 0» NCr au nro IU CMS Ml NYC IH« um MM n» HK no CM na SCP f GIANT 04? IS/4 14/4 ?2/4 21/4 24/4 27/4 21/4 34/4 1/5 2/5 4/5 15/5 27/5 25/5 30/5 14/4 11/1 12/4 13/4 23/4 J/7
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      1666 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) J 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 JgJCISE AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 SB NEPLINE SDN BHD
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      Page 37 Advertisements Column 2
      843 37 m 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 EASTBOUND—DOCHARGWG WESTBOUND—LOADWG TKANSHrfED VIA ROTTERDAM wntis vot
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      1706 38 K* V- M AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W TEL: *****77 TELEX: KAWAXIRS23I6S FAX: *****07/8/9 m M m Malaysia 'K' une maritime (Malaysia; son bhd J, JLdf A TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA
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      1176 38 PHILI-ORICNT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22 *****69 *****00 Telex: RS ***** FAX: *****76 *****38 Cf£& BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTftJkUAM£WZEALJMD/SOUTHPACIFtC FCIACt SERVICE} 16 APR SYDNEY. MELBOURNE. BRISBANE. FREMANTLE
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      2205 39 PACIFIC INTERNATIONAL LINES (PTE) LTD g Jf 140 Cecil Street. #03-00 PIL Building. Singapore 0106. Tel: *****33 1 JAKARTA I (BANGKOK 1 voy S(N bkk S)N VESSEL VOY SIN JKT SIN EQUATOR CRVS 87N 14/4 17/4 21/4 BUNOA TERATAI 143 10/4 12/4 14/4 KOTA SURIA KSR2I3 11/4 14/4 18/4 EQUATOR
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      542 39 EacßenV Ist1 st class container transport ccrnro wcqqfi PPKJANG P KFIANG OCEAN VSL/VQV SIN SOU H) RTM <2) HAM (3) GOT (4) ANSON TON 1Q 4 11/4 BENAVON 2142 14/4 1/5 4/5 ANSON TBN 17/4 10'4 iUTIANDIA 2152 21/4 B'S IQ/5 ANSON TBN 24/4 25/4 SELANDIA 2162 28 4 15/5
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      193 39 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD SINGAPORE 0208 TEL: *****88 TLX: R*****5 SINMER FAX: *****64 ACCEPTS PORTS OF SPORE CARGO DESTINATIONS MERCURY PEARL VO/E 12-13 Apr Darfy Muara. Latouan. KK BINTANG SERIA VO9E 13-14 Ape Da«y Bmlufci. Miri. KBela.l MERCURY lADE VO7E 17-18 Apr Da«y Muara. Labuan. KK
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      341 39 M MYANMA wSBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore PJUf Pen P.Gdf MERGU Vll3* 14/17 Apr In Port PAGAN VUIW 10/12 Apr HP* AN Vl76* 14/16 Apr MVOMAYWA VI4IW 22/24 Apr V PAGAN VIS2W 30/1 May THE BANK LINE A service of Andrew Weir Shipping)
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      2472 42 O^o m 9 Conventional Semi-Container Full Container Liner Services Liner Services Hutu's Apnts: General Agents: Booting Agent,: Senerel Agents: Book*, Agents-. <»m, cm. sm* se, sm tick fung Shipping a*** Cottar Shipping Me ltd a*** ft*M mh cm. «m *o*m u Enterorise Co Ltd cmn mm rmiu<mt ***> ««*> >mm
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      344 42 SAMUKM MOONESIA (S) ?5 LTD; 15 McCALLUM STREET BB|— #14-04 NATWEST CENTRE Singapore 0106 T*t«x: R*****0 T»t: ******1-3 Fas: 22S 4939, *****36 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK TWADIKA 919 11/04 (SAT) 15/04 (WED)* LAWANTI 956 13/04 (MON) 15/04 (WED)' DERAJAT 979 15A)4
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      634 43 /g FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 y HOT LIME: *****33 (24 UWES) GUARANTEED 3 TIMES SAILING WEEKLY LCL SERVICES FROM KOBE OSAKA TO SINGAPORE VESSEL NAME VOY NO EX KOBE EX OSAKA ETA SIN ACX LOTUS 24A 12/04 13/04 21/04 SUCCESS HOPE 25/028 16/04
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      766 43 Jg\ RICHFIELD MARINE AGENCIES (S) PTE LTD A TEL: *****33 (12 Llcms) m FAX: *****15/*****03 tQ TELEX: RS ***** RtSHIP (3 Lln««) W\ ETHIOPIAN SWIPPWC UNES 1 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL vessel Ivoy eta Iloading for SPORE ABYOT 28VVB 16/04 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET
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      704 43 BANGKOK m *r |«m& »9t mm/m w*o* In PI 12/04 SKI BHUM SOOW Sal 11/04 lue 14/04_ 11/04 14/04 MAH« BHUM# 103N Sun 12/04 Wed lb/04_ 15/04 H/04 IMUBHUM** 23W Man 12/04 Ihu 16/04_ 18/04 21/04 NAHM BWM 8W Wed IVO4 Sal l«/04_ 22/04 25/04 I™ IWUBHUM## 24W Mon 20/04
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      1387 44 S'PORE IMPORT: *****11 j PENANG: (04) *****6 SIBU: (084) *****9 KK: (088) *****0 TAWAU. *****9 j i P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 I UK«CAWMED PORTS COLOMBCVS. AFRICA j f r rr r r n PEN PK SIN Colombo 11/4 12/4 13/4 I 12/4
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      284 44 BLUE STAR LINE TO FROM J/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPI AKI ITI SIN MUIBERA 27S 13/4 24/4 VIA NPI ?6 4 U/5 AUS I StAR 0618 21/4 3/5 VIA NPI 5/5 22/5 PROSPECT ISS 3/5 15/5 VIA NPI 17/5 3/6
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      1099 44 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX; RS ***** CARRIER RS ***** JENHOL CABLE: TOSO€O CONVENTIONAL/CONTAINER I CONTAINER SERVICEB I SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEJ. VOT ETA DCST VESSEL VOY SPOtE P.
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      138 47 1 I jjj^^Hß Ik' f^B IBV jfl Bf Bvi J^ttk&. nj^^^^Hj^^Hnn ••> :< 'A/://' B. J .gKnimnr, v' H| >••; I^M < "\M^/fSi^^^^ Scalpel...scissors.-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
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      468 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 *****100 1900 2000 2100 2200 2300 JR 2 2 2 8 30 30 2.7 2.2 16 1 1 08 06 05 07 10 15 19
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      254 48 ULTIMATE. FREIGHT SERV |C ES~ AUSTRALIA USA Si nrkitir Cfe» CANADA -Mpry, Cilinsnf. Mutual, Mm ftwmfcfc, Stuni/ny T?, Ottawa, Sffkatoon, Torwto, Iwcwwr. BANGKOK BCfcufaf u« Nm Set*. QmWc City. NrtL l EUROPE Aahnrp. Hmbm,. Mt«** PACffIC ISLANDS iwiifci, rfilß'S ftfast**, tw**, U tftw*. Mvirfki, Pwft, Lit, Cipi*MW> sxotwfcfc Papttti, Ihemsa
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      362 48 Enterprise Management in Business Times every Monday i. cosco UKC CONVENTIONAL SERVICE VESSFL PKL PNG P.O. LOAOING FOR: A VESSEL 28/04 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: TRANS ASEAN 15/04 20/04 Huangpu/Guangzhcxj COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHIN A/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US
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      566 48 800 Australia <& New Zealand Weekly LCL Consolidation toy CARGO FLO Singapore-Australia *>p^===j= Fremantle Adelaide Melbourne Sydney Brisbane Singapore-New Zealand I W Auckland Wellington Lyttleton 1 wNew Plymouth Napier Chrlstchurch f w >| A f Te1'*****88 0 \JUS m*m Fax: *****83 WORLDGATE EXPRESS UNES PTE LTD Tel: *****11 Fax: *****73
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      1003 49 HYUNDAI MERCHAia CO. LTD|j PACIFIC SOUTH-WEST SERVICE Io~USA VOY |pKE* PGO* SW* MO IBH OAK DM. HOU CHI SIU NYC w 27/03 03/04 10/04 27/04 30/04 30/04 30/04 01/05 0105 03/05 I- ImkT 4tt 0104 03/04 10/04 17/04 04/05 07/05 07/05 07/05 08/05 0»/05 0/05 i S QI/04 10/04 17/04
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      550 49 ■;/u WLfffinwTgitrjHUffli I SPECIALIST IN RO-RO HEAVY LIFTS I INBOUND VESSELS I I VESSEL WT Sf n IK U I I KMC U ROtl n >•/* I I WfIMSE 2 H/4 H/4 I I TRAMS AUTO 31 12/4 14/4 MA 11/4- I I COSMIC TRADER 24 11/4 IS/4 II I
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      Page 49 Advertisements Column 3
      918 49 j OUR USA SERVICE CALLS I Ifnto >wi |m 1— E»= »I m |o«« |wou ot lot' Iwt [km |wt SINGAPORE I DIRECT EVERY 1 •MM MM IW 11 (4 tliuia* PMX 111* IVU/I4 M/B Ml N/tS »7/« 17/0J K/B WEDNESDAY A I rr M > 75" HUtAIOR UHC* M7N7
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      94 50 f yff^Jhsls-^ 1 g ki i *1 FOR SUCCESSFUL MANAGEMENT OF YOURBUfINESS 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
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      Page 50 Advertisements Column 2
      5 50 Every Saturday in Business Times
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