The Business Times, 10 April 1992

Microfilm: NL18193
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    16 1 BUSINESS TIMES MITA (P) 35/12/91 Friday, April 10, 1992 IHE BUSINESS PAPER EOR S-E ASIA 75*
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  • NEWS SUMMARY
    • Article
      EC warns of protectionist mood in US
      76 1 BRUSSELS The European Community said yesterday that the US market has closed slightly to its imports over the last year and warned of a further drift towards protectionism during a US election year. In its eighth annual report on US trade and investment
      76 words
    • Article
      Warrants sought for Hyundai executives
      59 1 SEOUL South Korean prosecutors sought arrest warrants for five former and present executives of the giant Hyundai group's ship-owning arm yesterday following a tax evasion investigation. The Korea Broadcasting System quoted prosecutors as saying that five Hyundai Merchant Marine officials secretly diverted 21.1 billion won
      59 words
    • Article
      Increase in tourists
      29 1 SINGAPORE received 485,467 visitors in January, well above the average 1991 monthly arrivals, and a good 12.3 per cent more than a year ago Page 3
      29 words
    • Article
      Lure of China property
      30 1 LEADING Hongkong developers and investors, in a bid to escape soaring property prices in the British colony, are moving into nearby areas of China Page 9
      30 words
    • Article
      No joint approach
      41 1 ASEAN members are still carrying out individual programmes, instead of organising joint projects, to woo more visitors to their own countries, say Indonesian tour operators in their evaluation of the four-month-old Visit Asean Year tourism campaign Page 9
      41 words
    • Article
      Nafta by November
      43 1 A FREE-TRADE PACT covering Mexico, Canada and the US is likely to be finalised before November, says American Trade Representative Carla Hills, following a meeting with Canadian Trade Minister Michael Wilson and Mexican Commerce Minister Jaime Serra Puche Page 10
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    • Article
      Realism rules
      16 1 SRI LANKA's foremost film director believes in the simple power of realism Page 19
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    • Article
      Green light for agent
      36 1 SINGAPORE offshore agent FalcoNov Pte Ltd has received approval to operate as a general shipping agent and freight forwarder in Vietnam for foreign shipping lines and air carriers. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      27 1 WALL STREET opened sharply higher yesterday, with the Dow Jones index of leading industrial shares up 11.40 points at 3.192.75 five minutes after the opening.
      27 words
    • Article
      Footsie higher
      40 1 LONDON shares were higher at midday yesterday, helped by opinion polls showing the Conservatives had narrowed the opposition Labour Party's lead. At 1100 GMT, the FTSE 100-Share Index was up 23.8 points, or one per cent, at 2.417.0.
      40 words
    • Article
      Great River's edge
      34 1 INDONESIAN textile and garment manufacturer PT Great River Industries is banking on brand names and an expanding distribution network to stay ahead of the competition, says president director Sunjoto Tanudjaja P«tM
      34 words
    • Article
      Multi-Purpose sale
      19 1 A NEAR 20 per cent block of Multi-Purpose Holdings Bhd shares is up for sale. Page 4
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    • Article
      UK pagers launched
      17 1 HUTCHISON Telecommunications Ltd yesterday launched a nationwide paging network in the UK Page 5
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    • Article
      Japanese move in
      22 1 SECOND-TIER Japanese brokerages are upgrading their representative offices to tap the securities business in the Asean region Page 7
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 663.06 -4.37 Kuala Lumpur ....563.69 -9.92 Tokyo 16.598.15 -577.38 Hongkong 4,729.39 -98.19 Sydney 1,545.3 -9.0 Wednesday Change New York 3,181.35 -32.20 London 2,393.2 -11.0
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    • Article
      CURRENCIES
      30 1 I Gold AM fix USS338.40 +USS0.70 Exchange rates USS ss 1.6540 100 Yen SS 1.2460 MS SS 0.6475 Money market rates Overnight 2 7/8 -1/8 3-month 3 1/4 unch
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    • Article
      COMMODITIES
      29 1 Rubbw S*pore May.. 141.00*/kg M'sia May 219.00*/kg -0 50 KL Tin Turnover 30 tonnes -12 Spot M$14.58/kg 1 Crude palm oil Turnover 564 lots -(-241 June MS910/tonne +1
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  • Article
    C&C said to be planning takeover of Malayan Credit
    520 1  -  By Sylvia Wong SINGAPORE Years of speculation over an imminent takeover of Malayan Credit Ltd peaked last night with talk that the Cycle and Carriage group (C&C) is on the verge of a takeover bid for the property company. C&C is
    520 words
  • Article
    Lock icon Jakarta bourse's new rules may force out 40 firms
    520 1 Asset, paid-up capital requirements among changes Reuter AFP JAKARTA Up to 40 listed companies might be forced off the newly-privat-ised Jakarta stock exchange by tightened regulations aimed at reviving investor confidence. The exchange (BEJ) announced a series of new rules that
    Reuter; AFP  -  520 words
  • Article, Illustration
    Lock icon Nikkei dives below 17,000
    404 1 SINGAPORE Share values continued to plunge in the Tokyo stock market yesterday, dragging down share indices across the Asia Pacific region. In volatile trading, the Tokyo market's key Nikkei Average ended 577.38 points or 3.36 per cent lower at 16,598.15, its lowest finish since October 1986.
    Source: Telerate  -  404 words
  • Article
    Lock icon US wholesale prices rise 0.2pc
    131 1 Reuter WASHINGTON US wholesale prices rose 0.2 per cent in March, the government said yesterday in data which suggested a sluggish recovery has done little to generate inflationary pressure. l*st month's rise was led by a jump in energy prices. But a 0.5 per cent
    Reuter  -  131 words
  • Article
    Maybank raises base lending rate to 8.9pc
    419 1  -  From Leslie Lopez in KUALA LUMPUR MALAYAN Banking Bhd, Malaysia's largest bank, yesterday raised its base lending rate (BLR) to 8.9 per cent from 8.5 per cent with immediate effect. Economists, however, are divided on whether other banks will follow suit. Malayan Banking's
    419 words
  • Article
    Lock icon Thai central bank wants new govt to focus on stability
    295 1 Reuter AFP BANGKOK The Thai central bank said it will urge the new government led by Prime Minister Suchinda Kraprayoon to pursue conservative policies that focus on financial stability. Central bank governor Vijit Supinit said yesterday he will advise any
    Reuter; AFP  -  295 words
  • Page 1 Advertisements
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      227 1 I I I MICRO! I I The Software Shop 1 OUB Centre #01-07 Aircraft Schedule 31 KLSE 23 Unrt Trusts 22 Commodities 30 Money Changer Rates 31 Weather 31 Company News 4-6 Money Market 23 World News 10 Cryptic Crossword —31 Regional News 9 Work) Stock Markets 28 Editorial 12
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      26 1 Japanese trade surplus expected to soar again, Pg 2 A bane called the bank share, Pg 13 World economies will not suffer, say analysts, Pg 13
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      Page 1 Advertisements Column 3
      9 1 Moderate rise seen in US consumer prices, Pg 10
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      Page 1 Advertisements Column 4
      113 1 Chesterton internationai^^^^^^^^^B International Property Consultants 6 Battery Road #14-02/03 Singapore 0104 Tel: *****22 Business leaders cautiously welcome Suchinda, Pg 2 Ii< .iW vl .0-V- < Ml 0 XI ill n -i is »T* v B— i-.i5-~-9 V» 'I 'l—H'P'«"fl fflrnlEira DINING ON TOP-OF-THE-WORLD Join us at the top. Enjoy the
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  • PAGE 2 NEWS
    • Article, Illustration
      Lock icon Japanese trade surplus expected to soar again
      470 2 Analysts put blame on export drive and slowing economy Nikkei Weekly TOKYO As the Japanese economy loses steam, some economists are warning that Japan is once again becoming export-oriented. The nation's efforts in the late 1980s to rectify its excessive dependence on exports
      Nikkei Weekly; Source: The Economist  -  470 words
    • Article, Illustration
      Lock icon M'sia to tighten up on logging
      489 2 But campaign abroad to counter Western moves will go on Reuter KUALA LUMPUR Malaysia will tighten up on its logging industry while mounting a campaign abroad to counter adverse publicity by Western environmentalists, a government minister said yesterday. Primary Industries Minister Lim Keng Yaik
      Reuter  -  489 words
    • Article
      Lock icon Tokyo's woes won't affect our forecasts: Keating
      262 2 Reuter MELBOURNE Prime Minister Paul Keating said he did not expect economic problems in Japan to affect forecasts for Australia's economy to grow 4.75 per cent in the 1992/93 year ending June 30. "We factored a fair bit of that into our forecasts
      Reuter  -  262 words
    • Article, Illustration
      Lock icon Japan vying for share of Philippine bases projects
      682 2 Nikkei Weekly MANILA Japan is seeking to fill the vacuum left by the US military's withdrawal from the Philippines later this year, not with military muscle but with its industrial prowess. Japan's industrial giants top the list of companies vying for a
      Nikkei Weekly  -  682 words
    • Article
      Business leaders give Suchinda a cautious welcome
      482 2 BANGKOK Reactions in the business community here were mixed and largely cautious yesterday, following the appointment of General Suchinda Kraprayoon as Prime Minister, the Bangkok Post reported on Wednesday. Some leading figures openly welcomed his appointment, while the main concern of others was
      482 words
  • Page 2 Advertisements
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      102 2 s u finally there 's a seafood Luffet guaranteed to lend seafood Lets into raptures. Picture platters of marinated a J smohed seafood andfresli oysters. J marine tureens of steaming bisques and cLwderS. Visualise cliifti crahs, spicy curries and Listers in Mack Lean sauce. 4ndtliat sjust a smalt, Lt mouth-watering
      102 words
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      Page 2 Advertisements Column 2
      10 2 Steady jobless rate good news for Aussie economy, Pg 9
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      196 2 MASTER OF BUSINESS BY COURSEWORK IN SINGAPORE FROM RMIT AUSTRALIA area of management- log sties Nature of Proa ram me j Tho one-vear coursework part of programme is structured around one Fnday, Safctdiy, Sunday workshop presented in Singapore each morth, with initial work withm each subject completed in your own
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  • SINGAPORE NEWS
    • Article
      Tourist arrivals in January up 12.3 pc year-on-year
      393 3 Singapore Tourist Promotion Board report SINGAPORE received 485,467 visitors in January, well above the average 1991 monthly arrivals, and a good 12.3 per cent more than the same month a year ago. Although the January arrivals were about 34,000 fewer than the
      393 words
    • Article, Illustration
      Lock icon Average hotel occupancy rate fell in Jan
      314 3 Increase seen only in hotels with more than 600 rooms VERY LARGE hotels those with more than 600 rooms enjoyed the highest average occupancy rate of 77.8 per cent in January. The new hotel category introduced in the Singapore Tourist Promotion Board's statistical
      Source: STPB  -  314 words
    • Article, Illustration
      Lock icon Trips abroad totalled 1.6 m last year
      208 3  -  Reports by Anna Teo and Sylvia Wong SINGAPOREANS made a total of 1.61 million trips overseas last year, with the highest volumes in the school holiday months of June and December. According to statistics from the Singapore Tourist Promotion Board (STPB), 72.7 per
      Source: STPB  -  208 words
    • Article, Illustration
      SMA to promote new worker training system
      332 3  -  By Helen Chang THE Singapore Manufacturers' Association (SMA) is spearheading a new council to promote a dual apprenticeship system in the Republic. The system would allow companies to hire and train unskilled workers at lower wages, while the workers attend schools to learn
      332 words
    • NEWS ROUNDUP
      • Article
        Smoking ban extended
        81 3 THE Environment Ministry has extended the smoking ban to banking halls, air-conditioned hairdressing salons and barber shops. Smoking is now also banned in four other types of vehicles private buses, private hire buses, school buses and taxis. The ministry says it is the duty of managers or
        81 words
      • Article
        112 bids for 3 shophouses
        75 3 A TOTAI. of 112 bids were received in the tender exercise for three shophouses in the Tanjong Pagar Conservation Area. C L investment Pte Ltd put in the highest bid, $7,171 per sq m. for parcel number 18. ATS International Consultants Pte Ltd put in
        75 words
      • Article
        Fire seminar for developers
        63 3 THE Real Estate Developers Association (Redas) is organising a seminar on fire precautions for buildings on April 21 at the Plaza Hotel. The seminar, to be held with the Institute of Eire Engineers, will focus on planning for fire protection and designing for fire safety. The
        63 words
      • Article
        Discounts for Bird Park, Zoo
        32 3 NTUC INCOME policyholders will get a 50 per cent discount on admission to Jurong Bird Park on four Saturdays in June, and the Singapore Zoo in December.
        32 words
    • Article
      Mentor wins US$1.3m Ngee Ann deal
      165 3 SOFTWARE designer and manufacturer Mentor Graphics Singapore has secured a US$l.3 million order from Ngee Ann Polytechnic to supply electronic design automation (EDA) software and services. This is part of a US$3 million order by Ngee Ann to upgrade EDA facilities at its CAD/CAM
      165 words
  • Page 3 Advertisements
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      126 3 SOTHEBY'S FOUNDED 1714 mf '■'W7- m 'MP- Zhang Daqian (1899 1983) ALTUMN DOWN Ink and splashed-colour on gold paper board, framed Signed Yuanweng, dated sixty-second year gut chou. 1973, and with three seals of the artist. San Qian Da Qian. (i Yuan, Nan Bei Dong Xi /hi You Xiang Sui
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      Page 3 Advertisements Column 2
      94 3 e 1 'V FRY WOMAN HAS A SIGNATURE. J0 Every woman has a favorite pair of earrings, a cherished ring, a bracelet that seldom leaves her wrist. These are invariably the things which define a woman's style. Design of classic conception and craftsmanship is Tiffany's style. The Tiffany Signature Collection,
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        UOB buys 255,000 UOL shares
        60 4 SINGAPORE United Overseas Bank Ltd (UOB) has bought 255,000 United Overseas Und (UOL) shares for $386,645. The transaction, carried out yesterday, lifted UOB's stake in UOL to 31.1 per cent, from 31 per cent. Wee Cho Yaw, chairman and a director of both UOB and
        60 words
      • Article
        Jardine Strategics asset backing
        53 4 SINGAPORE Jardine Strategic Holdings Ltd has announced that its unaudited net asset backing per ordinary share and preferred ordinary share was HKS4.O9 (550.87) at March 31, based on the market value of the company's holdings and issued capital of 848.75 million ordinary shares and 37.29 million
        53 words
      • Article
        Appointment at Lum Chang Sec
        89 4 SINGAPORE Gerald Ho Shih Kwang, 30, has been appointed a management trainee at Lum Chang Securities Ltd. Lum Chang Holdings Ltd said yesterday. Mr Ho, a nephew of Raymond Lum and David Lum, both directors of Lum Chang Holdings, was previously a corporate finance officer
        89 words
      • Article
        Listing of Sime Darby shares
        35 4 SINGAPORE Sime Darby Bhd said 415,000 new shares of M 50.50 (550.32) each issued through its executive share option scheme will be granted a listing and quotation from next Tuesday.
        35 words
    • Article
      Lock icon Mentiga operating profits rise 21pc to M$4.3m
      170 4 Bernama KUALA LUMPUR Mentiga Corporation Bhd announced a 21 per cent increase in the group pre-tax operating profit to M 54.296 million (552.78 million) for the year ended Dec 31, 1991 from M 53.541 million in the previous period. Releasing its unaudited results
      Bernama  -  170 words
    • Article, Illustration
      Great River banks on brand names and distribution network
      683 4  -  Indon textile firm commands lion's share of the country's middle-class garment market From William Chia in JAKARTA PT GREAT River Industries, voted one of Asia's best managed companies by Asiamoney magazine last June for its single-minded focus on the textile is
      683 words
    • Article, Illustration
      Block of 19.8pc MPHB shares up for sale
      411 4  -  Co-op receivers' proposal opens up possibility of battle for control of company By Chew Eng Han SINGAPORE A proposal by the receivers of Koperatif Serbaguna Malaysia (KSM) to dissolve its investment fund which holds 147.98 million shares representing a 19.8 per cent
      411 words
    • Article
      Lock icon Khoo Kay Peng and directors pledge not to sell MUI shares
      372 4 Bernama KUALA LUMPUR Malayan United Industries Bhd's chairman and group chief executive, Tan Sri Khoo Kay Peng, and his family-owned companies as well as MUI directors will not sell any of their shares in MUI to any party, a
      Bernama  -  372 words
    • Article
      Lock icon Malaysia now world leader in privatisation, says report
      547 4 MBT KUALA LUMPUR Although the government's privatisation policy was formulated in 1983, less than a decade ago, Malaysia has turned out to be a world leader in this area. There are now 12 privatised companies listed on the Kuala Lumpur Stock Exchange
      MBT  -  547 words
    • Article
      HK's Hutchison launches paging network in UK
      499 5  -  From Catherine Ong in HONGKONG HUTCHISON Telecommunications Ltd, which belongs to Hongkong tycoon Li Kashing's corporate stable, yesterday launched a nationwide paging network in the United Kingdom. On the strength of its Hongkong experience where it is the leader in the cellular phone
      499 words
    • Article
      Lock icon Tanayong wins Thai rail contract
      357 5 Bangkok's first computerised rail system to be completed by late '96 Reuter BANGKOK Property developers Tanayong Co Ltd won a 30-year concession to operate a 14.5-km elevated rail system for Bangkok's central business districts. Tanayong's chief executive Keeree Kanchanapas signed a contract with a senior
      Reuter  -  357 words
    • Article
      Lock icon Shenzhen firm closed in illegal dealings probe
      310 5 AFP HONGKONG In an unprecedented move, authorities in China's special economic zone of Shenzhen have closed down a firm for unauthorised share dealings, it was reported here yesterday. Guangzhou Fenghua Co was ordered closed by the authorities in China's richest zone as the
      AFP  -  310 words
    • Article
      Lock icon Microchip market bottoming out, says NEC president
      372 5 Reuter TOKYO A world recession in computer microchip markets which has helped slash profits is only just bottoming out, the head of a major Japanese electronics firm said. "Right now is the bottom," the president of NEC Corp, Tadahiro Sekimoto, told Reuters in
      Reuter  -  372 words
    • COMPANY BRIEFS
      • Article
        Westinghouse Brake gets bid from BTR Nylex
        76 5 MELBOURNE BTR Nylex Ltd said it will offer A$ 10.20 (S$ 12.84) cash for every share in Westinghouse Brake and Signal Co (Australia) Ltd. It will also offer a scrip alternative of nine BTR Nylex ordinary shares for every two Westinghouse shares. When
        76 words
      • Article
        Japan group to develop China zone
        82 5 TOKYO A group of Japanese companies and the government's Overseas Economic Cooperation Fund (OECF) will set up a joint investment company to expand and develop an industrial zone in Dalian city in north-east China, a spokesman for trading house C Itoh and Co Ltd
        82 words
      • Article
        Probe on Hyundai subsidiary
        53 5 SEOUL Prosecutors turned up the heat on Hyundai conglomerate founder and presidential contender Chung Juyung yesterday by launching an investigation of alleged tax evasion by his son and other executives at a Hyundai subsidiary. The investigation was viewed as signaling the government's intent to wage political
        53 words
      • Article
        Shanghai ethylene plant restarts
        68 5 BEIJING A revamped Shanghai ethylene plant with total annual processing capacity of 450.000 tonnes of ethylene has started full operation, a spokesman for the Shanghai Petrochemical Corp said. The plant, revamped to treble its original processing capacity, is capable of producing 400,000 tonnes of synthetic fibre,
        68 words
    • COMPANY BRIEFS
      • Article
        Belgium's Solvay sees a just-as-bad first quarter
        68 6 BRUSSELS Belgian chemical group Solvay SA, hit by a 22 per cent fall in 1991 consolidated net profit, said yesterday that there were few signs of improvement in earnings in the first quarter of 1992. It blamed the fall in profit to 12.4
        68 words
      • Article
        Hallmark sells TV network
        65 6 KANSAS CITY, Missouri Hallmark Cards Inc said on Wednesday that it would sell Univision Holdings Inc, the United States' largest Spanish-language television network, for US$55O million (*****.5 million) to an investor group that includes Mexico's biggest media company. The group is headed by Los Angeles investor
        65 words
      • Article
        Procordia seeks foreign investor
        60 6 LOS ANGELES Sweden, looking to stimulate foreign investment, would welcome a foreign investor in Procordia, the large food and drugs company it plans to privatise, Per Westerberg, Sweden's Minister of Industry and Commerce, said here on Wednesday. Procordia is 42.7 per cent owned by the government
        60 words
      • Article
        Citroens to be made in China
        50 6 PARIS The Citroen car company has finalised an agreement for a joint venture in China to produce its ZX luxury model, the compay said yesterday. The car will be assembled as of this year in Xiangfan, in Hubei province, with parts shipped from France.
        50 words
      • Article
        No mediation: Caterpillar
        61 6 WILMINGTON, Delaware A group of American senators on Wednesday urged Labour Secretary Lynn Martin to intervene in the bitter, five-month strike against Cateipillar Inc, but the company said the time for federal mediation had passed. "We don't see a role for them to play in this process
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    • Article
      Lock icon Chevron to sell US oil fields and move abroad
      452 6 Reuter NEW YORK Chevron Corp, the United States' third largest energy company, said on Wednesday that it plans to sell up to 60 per cent of its US oil and natural gas fields as part of its strategy to look for
      Reuter  -  452 words
    • Article
      Lock icon Oil refining sector will stay healthy: Total
      240 6 Reuter PARIS A shortage of spare worldwide capacity suggests that refining margins will remain favourable. Total SA chairman Serge Tchuruk said. "We continue to believe that the refining sector will stay healthy," he told a news confercncc to present the oil firm's 1991
      Reuter  -  240 words
    • Article, Illustration
      That's all, folks
      123 6 LONDON The 151-year-old Punch magazine ceased publication on Wednesday. The British magazine, which was owned by United Newspapers Group, finally closed after sales slumped to 33,000 last year from a peak of 175,000 in the *****. It was also losing advertising revenue in the recession in Britain.
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    • Article
      Lock icon Analysts again cut profit forecasts of top economies
      270 6 FT NEW YORK Stock market analysts have again cut their profit forecasts for 1992 for companies in the seven leading economics, according to the IBES Research Scrvicc, based here. The survey was carricd out at the end of last month by adding
      FT  -  270 words
    • Article
      Lock icon Fujitsu-controlled ICL posts lower profit, expects difficult year ahead
      385 6 Reuter LONDON Japanese-con-trolled computer maker ICL pic, hit hard by world recession, said on Wednesday that its net revenue fell 40 per cent in 1991 and market conditions in 1992 would remain tough. The British-based company, owned 80 per cent by
      Reuter  -  385 words
    • Article
      Lock icon Philips to cut jobs in its PC operation by one-third
      303 6 FT AMSTERDAM Philips, the Dutch electronics company, said it would cut onethird of the 1,800 jobs in its loss-making personal computer operation, the company's last remaining computer activity, and halt direct sales of PCs in the United States. The company
      FT  -  303 words
  • Page 4 Advertisements
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      222 4 The 2nd Asia Pacific Imaging Information Management Conference Exhibition in Singapore AIM' 92 Keep abreast with rapid technological changes now taking place! Learn how to create overwhelming competitive advantage over your competitors through image processing technology. Come and see for yourself the revolutionary information technology that is going to affect
      222 words
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      268 6 I Many Are J Will Their Gamble Pay Off Banking, garment manufacturing, hotels... Singaporeans are fearlessly plunging into the Cambodian economy and 1!l Iv ITI v IMr 11 takingpart initsrebuildin Butthey faceanuneasypeace X Ulvlllu X 11V 1.1 primitive infrastructure and legal minefields. What peace dividend awaits them? Plus we look
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      Page 6 Advertisements Column 2
      66 6 ■ft® KOHGr Wi DAYS mm? IN HONG KONG At Clearwater Bay Golf and Country Club From as low as S$ 1,288.00 Price includes: daily Singapore/Hong Kong/Singapore departure on Cathay Pacific 3 nights hotel accommodation transfer to Clearwater Bay Golf and Country Club lunch at the Club green fees for 18
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      Page 6 Advertisements Column 3
      197 6 Now, from one source you can get a highly revealing, insight information on any company in Singapore compiled from over 20 public and private record sources all totally reliable. The Corporate Profile from Credinet's extensive database provides a complete picture of any company from the statutory information filed with the
      197 words
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  • FINANCIAL NEWS
    • Article
      Offices of smaller Japanese brokerages upgrading in S'pore
      465 7  -  More are switching to merchant bank status By Quak Hiang Whai SINGAPORE Representative offices of medium-sized Japanese brokerages are scrambling to upgrade their presence in Singapore to merchant bank status to tap the securities business in the Asean region. Ichiyoshi Securities Ltd,
      465 words
    • Article
      Lock icon Indosuez first to get Viet branch licence
      158 7 Reuter HANOI Banque Indosuez of France said yesterday it would be the first foreign bank to get a licence to open a branch and start doing business in Vietnam. Officials from Indosuez offices in Hanoi and Ho Chi Minh City said Cao Sy
      Reuter  -  158 words
    • Article
      Lock icon Commerzbank makes strong start for year
      351 7 NYT FRANKFURT Commerzbank, Germany's third biggest bank after Deutsche Bank and Dresdner Bank and the last of the three to report its results for 1991, on Tuesday said its total operating profits for the first two months of the current year rose 75 per
      NYT  -  351 words
    • Article
      Lock icon Aussie market for trade receivables seen growing
      493 7 MARKET Reuter SYDNEY Australia's fledgling market for securitising trade receivables is likely to grow, but not at the rapid pace of the US market, analysts say. "Most major corporations would be looking at it with some degree of confidence," Commonwealth Bank of Australia's
      Reuter  -  493 words
    • Article
      Banks said to be cool to Indon loan syndicate
      400 7  -  By Dawn Tan SINGAPORE Mitsubishi Bank is said to be having a tough time attracting banks to support a US$46O million (***** million) loan for the East Java Gas Pipeline project in Indonesia, according to banking sources in Tokyo. When contacted
      400 words
    • Article
      Simex asks corporate members to raise capital base by $lm
      259 7 SINGAPORE The Singapore International Monetary Exchange has told its corporate members to raise their capital base by another $1 million each by July 1. Clearing members must have a minimum adjusted net capital of $5 million by the deadline, instead
      259 words
    • SMALL CHANGE
      • Article
        Seoul to allow in two more Japanese brokers: report
        70 7 SEOUL South Korea will allow two Japanese securities companies to open branches here under reciprocal arrangements, a news agency report said yesterday. The ministry will allow two of three Japanese firms Yamaichi, Nikko and Daiwa to open branches in exchange for
        70 words
      • Article
        ASB decision on United soon
        38 7 AUCKLAND ASB Bank will decide by the end of next week whether to bid for United Bank, which is being sold by State Bank of South Australia, ASB managing director Ralph Norris said.
        38 words
      • Article
        Chinese bank savings soar
        74 7 BEIJING China's bank savings now stand at one thousand billion yuan (SS3OS billion) and are growing fast, state media reported on Wednesday. While the savings glut reflects China's booming economy, it threatens roaring inflation unless the government can offer more investment opportunities. Chinese economists estimate a
        74 words
      • Article
        Profits up for German bank BHF
        53 7 FRANKFURT Group operating profits at German merchant bank Berliner Handels-und Frankfurter Bank (BHF) rose clearly in the first three months of 1992 from the same period in 1991, although business volume rose modestly, managing partner Klaus Subjetzki said. The bank gave no figures for
        53 words
    • Article
      Lock icon HSBC's bid for Midland questioned
      124 7 Reuter HONGKONG The Bank of China (BOC) group for the first time questioned HSBC Holdings pic's plan to bid for Midland Bank pic, saying the British bank had huge bad debts, the semi-official China News Service (CNS) said yesterday. CNS quoted a BOC spokesman as
      Reuter  -  124 words
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      Page 7 Advertisements Column 1
      89 7 n j: RIGHT HERE Wherever you A Omni Hotel always a warm welcome Because our the Centre to type an anything else. That's why so many V S .■':<* V-...'•/ guests can't wait to return. Omni Hotels Asia-Pacific SINGAPORE OMNI MARCO POLO HOTEL HONG KONG OMNI THE HONGKONG HOTEL OMNI
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      3046 8 13. LONG-TERM INVESTMENTS I 4. OPERATING PROFIT Company 1 QQQ 001 1 990 (a) Operating profit has been arrived at after charging and (crediting) I s^OOO" Group Company I |M 1 iQQf) 1991 1990 I Quoted equity investments 7,879 6,700 7,817 6,637 I U,. <?« nnn I Unquoted equity investments
      3,046 words
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  • THE REGION
    • Article
      Lock icon High prices in HK send its developers into China
      548 9 Chinese officials fear this could inflate real estate prices AFP HONGKONG Leading developers and investors from this thriving capitalist outpost are moving into nearby areas of China to escape skyrocketing property prices here. Following in the footsteps of investors from the
      AFP  -  548 words
    • Article
      Lock icon Swire Group chief warns of slump in HK land prices after 1997
      411 9 South China Morning Post HONGKONG Retiring Swire Group chairman David Gledhill has warned of a possible slump in Hongkong land prices soon aftef the territory is handed back to China in 1997. He also feared a possible crash
      South China Morning Post  -  411 words
    • Article
      Asean lacks joint projects to promote tourism: Indonesia
      405 9 JAKARTA Indonesian tour operators evaluating the four-month-old Visit Asean Year (VAY) tourist campaign say that the members of the regional grouping are still carrying out individual programmes to woo more visitors to their own countries, the Jakarta Post reported on Wednesday. "We
      405 words
    • Article
      Lock icon Steady jobless rate good news for Aussie economy
      235 9 AFP SYDNEY Australia's unemployment rate for March remained at 10.5 per cent for the second month, according to new data which provides evidence of an improving labour market, analysts said yesterday. Bureau of Statistics figures confounded market predictions which ranged from 10.6
      AFP  -  235 words
    • NOTE BOOK
      • Article
        Asia-Pac nations laud French nuclear test ban
        98 9 ASIA-PACIFIC countries yesterday welcomed France's decision to suspend nuclear testing for the rest of this year at its Mururoa atoll site but pressed for the temporary ban to be made permanent. New Zealand Prime Minister Jim Bolger said "this is a good first
        98 words
      • Article
        Yangon-Dhaka border talks
        90 9 DHAKA Myanmar Foreign Minister Ogn Gyaw's longdelayed visit to Bangladesh for talks on the border refugee crisis will go ahead from April 23, a Foreign Office spokesman said here yesterday. Mr Gyaw was originally expected here earlv in February at the invitation of Foreign Minister Mustafizur Rahman
        90 words
      • Article
        How KL can penetrate E Europe
        86 9 VIENNA Austria has offered to help Malaysia penetrate markets in Eastern Europe with which it has close relations. Foreign Ministry Deputy Secretary-General Datuk Abdul Halim Ali said the offer was conveyed by Austrian President Dr Kurt Waldheim to the Yang di-Pertuan Agong Sultan Azlan
        86 words
      • Article
        Boom for two M'sian industries
        93 9 KUALA LUMPUR The government's Vision 2020 concept is engineering a boom in manufacturing and construction sectors, former Culture and Tourism Deputy Minister Datuk Ng Cheng Kuai said yesterday. The former politi-cian-turned-businessman said an expansion was also forecast for consumer spending, including the purchasing power of
        93 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      443 9 I IF 1 I Keppel Finance Limited I (Incorporated in the Republic of Singapore) I Notice of Annual General Meeting I I NOTICE IS HEREBY GIVEN that the 28th Annual General Meeting of the I shareholders of the Company will be held at the Keppel Corporation H I Limited's Board
      443 words
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      Page 9 Advertisements Column 2
      172 9 FOR SALE BY TENDER. The Most Significant C.B.D. Investment Portfolio in the History of Melbourne. NINE MAJOR INVESTMENT PROPERTIES. FULLY LEASED TO GOVERNMENT. LONG TERM LEASES. RENT REVIEWS 2 YEARLY, 5% OR MARKET. NO STAMP DUTY PAYABLE. Never before in Melbourne's business history has a property portfolio of this quality
      172 words
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  • THE WORLD
    • WORLDWATCH
      • Article
        Tokyo backs closer ties among finance ministers
        107 10 TOKYO Japanese Finanee Minister Tsutomo Hata has welcomed a suggestion for closer ties between tinanee ministers in the Asia-Pacific region, Australia Treasurer John Dawkins said yesterday. He told a news conference at the end of a four-day visit to Japan that he expressed
        107 words
      • Article
        Taiwan making profits in China
        118 10 TAIPEI Taiwan-backed enterprises in China are making profits in China, showing investment returns there are not as gloomv as some government officials reported, an academic survey showed. "Each Taiwan-invested firm on the mainland will be able to earn an average profit of 13 per cent
        118 words
      • Article
        More funds for Xinjiang
        79 10 BEIJING The Chinese government is increasing development spending in the remote western region of Xinjiang, where low living standards and a flagging economy have helped fuel anti-Chinese unrest among Muslim ethnic separatists. Xinjiang Communist Party Secretary Song Hanhang said the central government had set aside two
        79 words
      • Article
        Seoul easing farm import stand
        66 10 SEOUL South Korea will maintain a total ban on imports of rice but could partially open 14 other agricultural products it has refused to discuss in world trade talks. An Agricultural Ministry spokesman said yesterday, "We will keep a pledge not to open the rice
        66 words
      • Article
        Opposition walkout in India
        72 10 NEW DELHI India's centre-left opposition alliance walked out of Parliament in anger yesterday to protest against government plans to disinvest up to 49 per cent of equity in key public sector industries. The National Front-Left Front alliance, which commands more than 100 MPs in the Lower
        72 words
      • Article
        Court ruling on Libya next week
        64 10 THE HAGUE The International Court of Justice will hand down its ruling next Tuesday on Libya's attempt to prevent United Nations sanctions against it for refusing to extradite terrorist suspects. Reliable sources said yesterday that the ruling would be announced the day before a
        64 words
      • Article
        Dim outlook for Baltic states
        72 10 GENEVA Latvia, Lithuania and Estonia, which won independence from the then Soviet Union last September, face a struggle to build independent economies, according to United Nations analysts. A report on the three issued this week said they remained largely tied to trading with Russia and
        72 words
    • Article
      Lock icon Moderate rise seen in US consumer prices
      435 10 Economists expect o.3pc increase for March Reuter WASHINGTON US consumer price statistics for March, to be released by the American government today, are expected to show a moderate increase as the weak economic recovery continues to keep a lid on inflation, say analysts.
      Reuter  -  435 words
    • Article, Illustration
      Lock icon Nafta could be finalised before November: Hills
      383 10 Progress seen in several areas at latest round of talks Reuter MONTREAL A free-trade pact covering Mexico, Canada and the US could be reached before November, says American Trade Representative Carla Hills. Ms Hills and her counterparts, Canadian Trade Minister Michael Wilson and
      Reuter  -  383 words
    • Article
      Lock icon New French PM unveils tax cut and moves to boost jobs
      514 10 Reuter PARIS New French Prime Minister Pierre Beregovoy has announced a tax cut and measures to stimulate a sluggish economy and combat record unemployment. In his maiden policy speech to Parliament on Wednesday, Mr Bcregovoy said France would cut
      Reuter  -  514 words
    • Article, Illustration
      Lock icon Logistical nightmare for China dam project
      973 10 FT BEIJING In the middle reaches of the majestic Yangtze river, sheer clifT faces and mountains rise from turbulent waters to form the Three Gorges, an inspiration to Chinese poets and artists down the centuries. One of the world's scenic wonders, it is the
      FT; Source: Financial Times Graphics  -  973 words
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      Page 10 Advertisements Column 1
      415 10 MELBOURNE'S MOST ARRESTING INVESTMENT Russell Street A Melbourne identity on a prominent CBD corner leased to Government for operational Police purposes with flexible development potential. Total land area: 4,529 m* approx. NLA: 14,900m 1 approx. Rent: $925,000 Tenders close 12 noon. Asset Sales. Tender Box located at Ministry of Finance,
      415 words
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      Page 11 Advertisements Column 1
      128 11 lusiucss i iiiics, riiu ay /ajii n iv ">"*• ct o e ■#> n ftf 7 W\°R 4 e JW I Singapore CableVisjon I draws overwhelming I I response I I in first week. I We're happy to share I B in its success* I Jerrold Communications and Dynamar Computer
      128 words
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  • Article
    Obstacles to open skies
    458 12 EDITORIAL AFTER umpteen ealls for more open skies around the world, Singapore Airlines has eome up with what it reckons to be a workable proposal to get around the hesitation of many countries about opening their aviation markets. The "dual approach suggested by SIA director ot
    458 words
  • WHAT THE OTHERS SAY
    • Article
      Law with justice
      291 12 IT IS welcome that the US and Britain preferred United Nations sanctions over the unilateral use of force to make Libya comply with the UN resolution asking Libva to give up six suspects in the bombings of Pan American Flight 103 over Lockerbie, Scotland, in 1988 and
      291 words
    • Article
      Networking IT
      86 12 SINGAPORE'S blueprint for the Information Age or IT 2000 seems bold and ambitious. However, some of the plans have already been implemented. Thanks to our small size and vulnerability, we are early to realise the importance of the competitive edge in technological advancement. Hence the plan is crucial
      86 words
    • Article
      Good compromise
      139 12 HAVING too many political parties with none occupying a dominant position may not help bring about a stable political situation and may even affect the functioning of the government. In the long run, the people's confidence in the political leaders and system may also be eroded. Having the
      139 words
  • REGIONAL VIEWPOINTS
    • Article
      The goal of transformation
      208 12 C 7 THE Philippines has been battered by more disasters, natural or otherwise, than any other country in the region, earing itself the nickname of "the poor man of Asia". The archipelago has experienced every kind of calamity imaginable. Adding to this litany of woes is
      208 words
    • Article
      Clove farmers' plight
      151 12 LOCAL officials in several provinces, apparently saddened and deeply moved by the sufferings of clove growers and frustrated by the indecisiveness of policy makers in Jakarta, have finally come to their senses and worked up the courage to oppose the clove monopoly system. The rationale ot the
      151 words
    • Article
      Good public relations
      147 12 THE move to expand the scope of the Public Complaints Bureau is designed to make it more enforcement-oriented. As a "grievance channel" set up about 21 years ago to deal with complaints against the civil service, it has been functioning within a limited ambit of legal power.
      147 words
  • Article, Illustration
    India must learn how to roar
    1217 12  -  When it comes to moves to liberalise its economy, India is like a tiger that has been let out of its cage. But it still needs to learn to fend for itself, writes Nirmal Ghosh from New Delhi Nirmal Ghosh The atmosphere in the
    1,217 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      51 12 Cambodia: From killing fields to I i goldmine? i Cashing in on the Batam boom Selling design to the Singapore j If the axe should fall on you /WmF The Indian subcontinent makes its economic move How some tycoons share their wealth Investment spotlight on Amcol Holdings "tB and Jack
      51 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      23 12 DOONESBURY by garry trudeau aural 9&INYOURFnST, VI FROM YOUR KCOVte M£MO&, I uKSvencmvu GwemKujeFtßAisev ITAKC jfl AuttevLYPiPFORA mwmm "f* jtLO\m MAJOR CUMONCAM' *5^5
      23 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Cashing in on their chips again
      857 13  -  Experts say that US semiconductor makers are set to make a comeback in an industry which they allowed the Japanese to dominate in the 1980s. Andrew Pollack reports Andrew Pollack NYT AFTER a decade of decline, American semiconductor manufacturers, the bedrock of the nation's
      NYT  -  857 words
    • Article, Illustration
      Lock icon A bane called the bank share
      1075 13  -  The falling prices of Japanese bank shares have been instrumental in the recent loss of confidence in the Tokyo stock market, say Emiko Terazono and Robert Thomson Emiko Terazono and Robert Thomson FT THE SLIDE of Japanese bank shares has been an important factor
      FT  -  1,075 words
    • Article
      Lock icon World economies will not suffer, say analysts
      733 13  -  The Tokyo stock market may be weak but a flight of capital back to Japan is not foreseen. Steven Bruil reports Steven Brull IHT THE PLUNGE in Tokyo stock prices is pummelling profits and lending capacity of Japanese banks but is unlikely to
      IHT  -  733 words
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  • FOCUS
    • Article, Illustration
      Lock icon South Korea's chaebol spread their tentacles
      638 14 Seoul's attempts to rein in the powerful family-run conglomerates have met with little success. These groups continue to dominate the South Korean economy, including the strategic semiconductor industry Reuter WOULD you buy a computer from a soap manufacturer? That bizarre question is preoccupying South
      Reuter  -  638 words
    • Article
      Lock icon Looking for a new harvest of advanced semiconductors
      443 14 Reuter NOW ranked with the giants of Japan and the United States in the production of memory chips, South Korean semiconductor makers are trying to diversify into more profitable specialist microchips. The country hopes a new harvest of advanced semiconductors will come
      Reuter  -  443 words
  • Page 14 Advertisements
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      117 14 KS4 I rt< Ik j f cs :lj^M^HHHn^^^^^HH^ "i.^ v. S.vt IL^ir'4: r > tM-. K W-jjMJA f: r^ BwllWiyf j^^^3Bßgfc*?l If there was a way to get news faster WE'D be the first to know. h S .™«T of «c, (inX TV int roduc,ory period prior ,o ,He ful,
      117 words
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      Page 14 Advertisements Column 2
      165 14 pINEARTAUCTION I I A LONDON COLLECTION OF I I EUROPEAN ANTIQUE FURNITURE, I I CLOCKS, SILVER, PAINTINGS, I CARPETS AND OBJECTS OF ART I I INCLUDING A SELECTION OF I I Late 16th century Satauma Vase I Famille Verte 'Ku' Shape Vaae B I Fine Blue A White Oriental Ceramics
      165 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon Ex-Wimbledon champion Arthur Ashe has Aids
      498 16 Disease contracted from blood transfusion NYT Reuter NEW YORK Arthur Ashe, the former US Open and Wimbledon champion and a pioneer in sports and social issues, said on Wednesday that he had contracted Aids from a blood transfusion and that he had known about
      NYT; Reuter  -  498 words
    • Article
      Lock icon Lendl on his way back to clay-court mastery
      396 16 AP BARCELONA, Spain Though Ivan Lendl has returned to the soft clay on which he once was dominant, his thoughts never stray far from the grass courts of Wimbledon. Lendl, seeking to regain the clay-court touch that earned him three French Open
      AP  -  396 words
    • Article
      Lock icon Graf wins rain-delayed match despite poor play
      336 16 Reuter AMELIA ISLAND, Florida Top-seeded Steffi Graf won her rain-interrupted match with fellow German Silke Meier at the U*****,000 (*****,500) Bausch Lomb Championships women's tennis tournament on Wednesday, but she wasn't happy. Graf had played badly on Tuesday before the rains came and
      Reuter  -  336 words
    • SIDE LINES
      • Article
        Tokyo setback spurring on runner Rosa Mota
        101 16 LONDON If anything can motivate Rosa Mota to win the London Marathon on Sunday, it's the fact that she lost her last marathon at the World Championships. That defeat in Tokyo in September ended a streak that went back to the 1984 Olympics
        101 words
      • Article
        Sam Snead expected at Masters
        88 16 AUGUSTA, Georgia Sam Snead was expected to participate in the honorary starting ceremonies for the Masters yesterday despite being injured in an automobile accident on his way to Augusta. "1 think Gene (Sarazen) may be the only one to hit a ball," new Masters chairman
        88 words
      • Article
        Oops, wrong Augusta
        111 16 AUGUSTA, Georgia A British writer's trip to the Masters landed him in the wrong Augusta. "I knew something wasn't right about 10 minutes into the flight," said Bob Waiters, editor of the British golf publication Today's Golfer. After flying into Boston from London, Warters boarded a small
        111 words
      • Article
        Basketball is best-paid team sport
        80 16 WASHINGTON Major league baseball players will earn an average annual salary of US$l.OB million this year a whopping lead leap from 1967 when the average paypacket stood at US$l9,OOO. Baseball, however, trails basketball as the best-paid team sport in North America, where players earned an
        80 words
      • Article
        Edberg, Courier in quarter-finals
        142 16 TOKYO Stefan Edberg and Jim Courier, in a duel for the world number one ranking, both reached the quarter-finals in straight sets at the US$l.l9 million Japan Open tennis tournament yesterday. The top-seeded Swede beat Wally Masur of Australia, while Courier outgunned Gianluca Pozzi of Italy,
        142 words
    • Article
      Lock icon America3 leaves Stars and Stripes trailing
      470 17 America's Cup AP Reuter SAN DIEGO America J, retooled below the water and behind the wheel, stole Dennis Conner's wind on Wednesday and prevented Stars and Stripes from clinching a spot in the America's Cup defender finals. Sailing in shifting wind of six to
      AP; Reuter  -  470 words
    • Article
      Lock icon New faces hog Masters limelight
      444 17 Couples, Olazabal, Love and Daly among early favourites AP 1 AUGUSTA, Georgia New faces moving to the top of the game and a new administration combine with nostalgia in golfs annual rites of spring in the tradition-rich US Masters. Arnold Palmer and Gary Player, Jack
      AP  -  444 words
    • Article, Illustration
      Lock icon Ruling on German sprinter upsets anti-doping campaigners
      891 17 NYT BONN The weekend ruling allowing world champion sprinter Katrin Krabbe to return to competition has shocked and discouraged an-ti-doping campaigners here. "The result of the verdict is a catastrophe for the fight against doping," said Hans Evers, chief of the anti-dop-ing section
      NYT  -  891 words
  • Page 16 Advertisements
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      60 16 q uad!am 1 32-v a lvc A ",nm,U«l Multi-link rear suspension Due. EA" SRS airha* TANCHONG&SONSMOIORCOJSiPTE.LTD. ««N f». CttVT* -.1 MOT TIMAH ROAD 1,» m ~7T„ OPFN DAILY MON TO SAT FROM MM TO ,PM AND SOW b PUBLIC HOIS FROM »AM TP 7PM SALCS ONT«S Q«N FROM 9AM TP
      60 words
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      134 17 J| '.I$E&2? v- v ®M' (PIPE J; Jmj K I 9l^^^|^|^^BS :^^^|^H^HHBH^^^^HH^hhlHHs^% 1 §fe- 1 S tfLnlfTirMPin spfe f aH Br 11 Y-gTJ-r*-,.---. -V **&&&s*' "mm V jfii -On IHL' j .^Mfl'-- T^^^BBj^J^Bp r*®j '-.f jfjfc k- <jJ K> mmh K£- jr k sfl^£^i-' BBS? Jv ,r y J f
      134 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      938 18 Nothing Beats A Bud. where to wine, dine CW royal steamboat feast II arrives from Beijing 1 Erasrasnnfi a For the first f Steamboat set IK time, savour the lunch or dinner p choicest cuts of at i the leanest p>erson (min 2 IE |i Plaza Hotel I I VmOCC
      938 words
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      Page 18 Advertisements Column 2
      347 18 DAILY AT PINE COURT l|K? You'll enjoy our delicious selection of authentic Beijing Dlan Xln served I amidst the splendour of an Imperial I Court. May we expect you today? I W From noon to 2.30 pm. |Mi/Al I Ala carte menu available. JfjjQ Q/Xar>tfa*f> S Irngtyxf I 333 Orchard
      347 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      660 18 television and radio v I 6.25 News(T). 10.30 Ibadat Haji. BUSINESS ON RADIO I—l1 —1 1 i 1 i "i.T. 6.45 One Plus One (C). 10.45 Transworid Sports. Wj m U4~ Irt T" 8.00 Newt at Eight (C). 1140 Golden Classics Magic g 9 yHF lljj II I 1| 1
      660 words
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  • LIFESTYLE
    • Article, Illustration
      Stark reality
      930 19  -  Sri Lanka's foremost film director believes in the simple power ot realism, reports Nirnutl Ghosh Nirmal Ghosh SEVENTY-four-year-old Lester James Peiris, like most serious film directors in the Third World, suffers from a chronic shortage of finance. It i$ that shortage which has prevented his latest film from
      930 words
    • Article, Illustration
      Lock icon Just one Moe for the road
      890 19  -  A new musical has just crossed the Atlantic for a Broadway premiere. Frank Rich reviews this latest theatre offering which is based on the life of a jazz musician Frank Rich NYT SOME Broadway musicals want to make you think. Some want to move
      NYT  -  890 words
    • Article, Illustration
      Bush takes a break in Washington, DC
      580 19 CHATTERBOX PRESIDENT George Bush started Wednesday by taking a morning stroll with his wife Barbara to check out Washington's famous cherry blossoms. Mr Bush answered reporters' questions as he and the First Lady also visited the Jefferson Memorial, the centrepiece of the tidal
      580 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      255 19 AND ENTERTAIN Ridley's H_lS Be a member of Ridley's and enjoy these exclusive privileges: i 25% off all bottles 10% off all drinks after happy hours a 10% discount at the Hubertus Grill and Cafe-in-the-Park and many more special privileges. Plus a welcome package of 1 bottle each Chivas Regal,
      255 words
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      Page 19 Advertisements Column 2
      76 19 I=^====l 20/4 /92^E fjHj Complimentary Birthday C»k» (Bootung 24 Ht» m «dv»nc») U :jfl Lobster Salad with Fnsh Frut Bean Cud in Pineapple fl| j|l Dab Meal wrtti Shark s Fin Fned Prawns w/Orad Red CMI H| Deep Fned Cnspy Cheken Braoed Noodes w Shredded Duck tH Red Fish w/Soya
      76 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Performance of S'pore market mirrors Tokyo's
      3506 20  -  By Kooi Cho Teng THE SINGAPORE bourse yesterday mirrored the performance of major stock markets abroad, rising in early trading before succumbing to Tokyo-re-lated fears. The benchmark Straits Times Industrials Index closed 11.54 points down at 1,352.83, just a lew points shy of the
      3,506 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2504 21 OLE 7 60 +15 2.0% Inchcape 510 +14 +2.8% Keppel Corpn 680 +10 1.5% Robinson 550 +10 19% Roth Inds 50* 590 f 10 +1.7% Semb Ship Wt 240 9 3.*}% Singatron 20* 70 +8 12.9% Spore Land 468 8 1.7% KeppelCWt 416 +6 +15%
    2,504 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      116 21 YOUR KEY TO BETTERBUSINESSDECISIONS! Shine is Singapore Press Holdings' infbrich database financial statements highlights, graphs, latest results team: T.S.Liu on 740 1035,Hazd Ong on 740 1771 VtLH on Teleview, which incidentally is the most advanced and company news. videotext system in the world. For a subscript,on fee of only $250*
      116 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    2776 22 Samanda Hldgs 178 +6 +3.5% Ganda Hldgs 74 f5 7.2% Cons Plant 50* 142 +2 +1.4% Landmarks Bhd 112 +2 +1.8% PJ Dev Hldgs 70' fIVi +2 2% DM1B Bhd 50« 91 rl +1.1% M Mosaics 77 +1 +1.3% MUI 167 +1 +0.6% Public Bank.
    2,776 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      244 22 BANKING, FINANCE AND INSURANCE SUPPLEMENT 1998 A special Business Times Survey May 4,1998 The theme for this year's supplement Is "Managing the Tiger" which focuses on the tremendous growth achieved In recent years hy Asia's banking and finance industiy and the constraints faced by the region's regulators to encourage growth
      244 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares close broadly lower on selling pressure
      5062 23 Bernama A WAVE of selling pressure in the afternoon session after the Tokyo market failed to eapitalise on its initial recovery took share prices to a broadly lower close yesterday. The KLSE Composite Index at the close fell 9.92 points to 563.69. The
      Bernama  -  5,062 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS FORECAST
      396 24 Mam Board last F«fl Year Forecast Date Net Net Profit EPS anncd Tear EPS Gross profit Range Range Company Period last yr ending (cts) dhr 000) (SJm) (cts) Tines Pub I Apt 19 Aug 92 29 5 10 0 28 013 1 72-37 3 14 1-30 9 SPH
      396 words
    • Article
      PROPOSED ISSUES
      671 24 Company Rights Issue Aftance Tech OnHoroiw SI 00 per share Bedford Issue of $1/5 lm nominal amount of 5 5% Bank Guaranteed Bonds 1992/97 with detachable transferable subscription (TSR) on the basis of one TSR for every tour ordinary shares <p MJO 195 tor each TSR Bolton Issue
      671 words
    • Article
      DIVIDENDS ANNOUNCED
      1620 24 Current Ex Books Date Total for Total for payment date dose payable the year last year Acm 5% tun 5 fun 18 Jul 2 5% 5% Amtek ti* 5#c 6%TE(I) Apr 15 Apr 21 Apr 30 12%TE 12%TE A Man Find USlOC(b) Mar 10 Mar 20 Mai 30
      1,620 words
    • Article
      OTHER RESULTS DUE
      388 24 Main Board Last F4 Tear Cmmmt Period Date Tear EPS Cms fct awiowted ending (cts) dh prill last year (SS'DDO) EMS Final Nov 6 Jul 91 30TE 17.878L Tibs Final War 28 Dec 91 14 9 9.5 5,056 OOF Final Mar 28 Dec 91 10.6 6 0
      388 words
    • Article
      INTERIM RESULTS
      526 24 Company Date Half-year Group pre-ta* Interim ann to profit/loss (L) dividend COOO) New World Apr 1 Dec 91 HK$1275.613($521.808) 21(16) Renong Bhd Mar 27 Dec 91 M$70.694($29,539) H Leong Credit Mar 31 Oec 91 MS3« 55«(S19.470) 3(4) Burwrtl Mar 31 Dec 91 HK$14,779($11.169) 25(25) Insas Bhd Mar 31
      526 words
    • Article
      AUDITED RESULTS
      232 24 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) H Plaza Apr 7 Dec 91 $11,395($7.074) 2.7(2) 3(3) UOL Api 7 Dec 91 $34,403(555,671) 7.7(9.6) 6(6) BAT Apr 1 Dec 91 $29,759($30,304 33 1(33 8) 34.7(32) Kintas Mar 27 Dec
      232 words
    • Article
      SCRIPLESS CONVERSIONS
      63 24 Conversion Special Trdjj Scripless Conversion deadline Period Trading Compan> Marts (IDP) (ST) starts Centrepoinl Mar 30 Apr 21 Apr 8 Apr 21 Apr 22 First Capital Mar 31 Apr 22 Apr 9 Apr 22 Apr 23 Hai Sun Hup Apr I Apr 23 Apr 10 Apr 23 Apr
      63 words
    • Article
      RECORD HIGHS & LOWS
      162 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 hifh: *****8 21/2/92) 1992 hifh: 1545 92 27/1/92) 1992 low: 1191.31 (09/4/92) 1992 1352.83 09/4/92) 1991 N«h: 1333 08 3/6/91) 1W1 hifh: 1565 58 3/6/91) 1991 tow *****2 (16/1/91) 1»1 1149 08 (16/1/91) 1990 hifh: 1435 43 (16/7/90) 1990 hifh:
      162 words
    • Article
      PRELIMINARY RESULTS
      1060 24 Company Date Year Group pro-tax Not earnings Grots ann to profit/loss (L) per share dhridond (000) (coots) lurong Eng Apr 8 Dec 91 $6,289 ($4,424) 22.5(15 8) 15(15) Sing Im Fin Apr 8 Dec 91 $4,677($5.115) 14.2(16 7) 5(8) Material H Apr 3 Dec 91 $2831 ($562) -(2.04)
      1,060 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      676 24 Tram Registered Substantial Bay/ Shares Amount Shareholdings Stock Date Holder Shareholder/Director SeM involved Before Chge After Chge Orchard Parade 07/04/92 Far East Orgn Pte Ltd b 1.000 4.700 16,317.880 74 97 16,318,880 74 97 Ul Securities 03/04/92 UOB Group b 30,000 24,237 40,997,200 4140 41.027.200 4140 Amtek
      676 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      368 24 In local curr In S$ In L'SS dy S yr S dy S yr dy yr Apr 8 Index chge chge chge chge chge chge World 369.4 -1.8 -9.5 -1.9 -11.1 -1.7 -12.7 $EAFE 438.7 -2.4 -12.6 -2.2 -15.9 -2.1 -17.5 Europe 422.1 -0.9 2.6
      368 words
    • Article
      APPROVED ISSUES
      133 24 Company Rights Issue Bolton Rights issue of 351 Redeemable Unsecured Guaranteed Bonds on the bass of S2 00 nominal amt with one ISR tor every three shares held Tat Lee Bank Rights issue of one for five $2 45 per share Two rights issued for one warrant at
      133 words
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  • STOCK EXCHANGE OF THAILAND
    • Article
      Lock icon Stocks fall sharply on losses overseas
      2205 25 Reuter UPI SHARE priccs plunged across the board yesterday as investors reacted with panic to continued steep losses in the Tokyo and New York markets, brokers said. "There were no signs of a rebound during trading. People saw the index fall below 816 points
      Reuter; UPI  -  2,205 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Lock icon Prices slip marginally after 6-day break
      1010 25 Reuter SHARE prices slipped marginally when the market opened yesterday after six tdays of holidays for the Mus*lim festival of Eid-al-Fitr, brokers said. The market's official index fell 0.86 points to 279.17 from the close on its last working day, despite a tightening of
      Reuter  -  1,010 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Late sell programs send Nikkei plunging
      2369 26 Reuter STOCKS dived for a fourth day and the Nikkei Average ended at 16.598.15 yesterday, closing below 17,000 tor the first time since Nov 7, 1986. Buyers retreated after a morning rally ran out ot steam, allowing small-lot and program selling to squeeze prices,
      Reuter  -  2,369 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks slide as Tokyo fall continues
      2372 26 Reuter SHARES fell sharply yesterday in the afternoon as the Tokyo bourse renewed its meltdown to slump below 17,000 for the first time since 1986 despite an initial technical rebound. The blue-chip Hang Seng Index dived 98.19 points, or 2.03 per cent, to 4,729.39
      Reuter  -  2,372 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article
      Lock icon Index shadows Nikkei to end at seven-month low
      2242 27 Reuter STOCKS plunged to a new seven-month low in late trade yesterday after Tokyo's Nikkei Average fell for the fourth day running and closed under the 17,000 mark. The All Ordinaries Index shadowed the Nikkei all day, finally falling below the 1,550
      Reuter  -  2,242 words
  • REGIONAL STOCK MARKETS
    • Seoul shares rebound but sentiment still weak
      • Article
        NEW ZEALAND
        301 27 GENERALLY nervous overseas markets and jittery local Bricrley owners pushed the share market to close at a new six month low on the NZSE-40 Capital Index. But brokers were happy with the 10.40 point fall to 1,370.40 given the very weak opening triggered by bearish overseas investors. Ru
        301 words
      • Article
        Untitled
        370 27 Manila Ape 8 Peso +-/-Vol (000) A.Soriano Corp 1.520 -.020 415 Abra Mining Corp 009 Nlcorn Pet 027 Alcorn Pet.-B 028 Anglo Phil-Oil A 007 Apex Mining A 004 Apex Mining B 004 Atlas Cons A 13.500 Atlas Cons B 14.750 Atlas Fer A 800 Atlas Fer B 830 Ayala
        370 words
      • Article
        BOMBAY
        113 27 WIDESPREAD bargain-hunting helped shares rebound sharply on Wednesday from a two-day decline, brokers said. "The market has bottomed out," said broker Ramnik Parikh. "There were buyers everywhere when prices improved." He said sentiment was boosted by expectations of good corporate results and higher dividends and rights issues. The Bombay
        113 words
      • Article
        INDICES & TURNOVER
        47 27 INDICES TURNOVER Close Previous Apr 9 NEW ZEALAND N7SE-40 Capital 1.370.40 1.380.80 -10.40 MANILA Composite Index closed 1.***** Turnover (million) 601.4 TAIPEI Weighted Price Index 4.528.05 4.552.46 -24.41 Turnover (NTS billion) 14.87 17.0 -2.13 SEOUL Composite Stock Index 575.98 572.97 3.01 Turnover (billion won) 256.6 247.5 +9.1
        47 words
      • Article
        SEOUL
        864 27 SHARES rebounded slightly yesterday after fluctuating in moderate trading as investor sentiment in the market stayed pessimistic, brokers said. "The rise was literally on a technical rebound," Peter Nankervis at Hoare Govett said. "The rise was much earlier than expected," Nam Ki-yul at Baring Securities Ltd said. The Composite
        864 words
      • Article
        TAIPEI
        505 27 A TECHNICAL rebound pulled stocks higher at the opening yesterday, but nervous investors, worried that the rally would not last, sold before the close, dragging the index to finish lower, brokers said. The Weighted Index ended at 4,528.05, 24.41 points lower than Wednesday's 4,552.46 finish. Turnover was NTS 14.87
        505 words
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  • WORLD STOCK MARKETS
    • World markets fall on anxiety over Tokyo
      • Article
        INDICES & TURNOVER
        76 28 INDICES TURNOVER NEW YORK Close Previous Apr 8 Dow Jones S&P 500 Turnover (million) 3,181.35 3.213.55 394.50. 398.06 249.2 205.1 -32.20 -3.56 44 1 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.854.7 2.393.2 472.9 1.865.3 2.404.2 394.4 -10.6 -11.0 78.5 FRANKFURT DAX Index 1.720.01 1.***** -19.41 AMSTERDAM EOF. Index
        76 words
      • Article
        Untitled
        116 28 Milan Apr 8 Lire Assitalia 7560 -262 Bastogi I "*0 Fiat 4710 -105 General! ***** -1100 |fi Priv ***** -660 I taigas 3399 -14 j ltalcementi ***** -315 Montedison 1325 -33 Mediobanca ***** -190 Magneti 683 Magneti Risp 658 -2 Olivetti 2700 -103 Olivetti Priv 2255 Pirelli Spa 1200 -40
        116 words
      • Article, Illustration
        NEW YORK
        1520 28 US BLUE-CHIP stocks fell sharply for a second straight session on Wednesday as investors grew increasingly jittery about heavy losses among Japanese stocks and prospects for the US economy. The Dow Jones Industrial Average fell 32.20 points to close at 3,181.35, its lowest close since Jan 2. The
        1,520 words
      • Article, Illustration
        LONDON
        909 28 EQUITIES closed lower on Wednesday in a market still struggling for direction ahead of the general election yesterday, dealers said. The FTSE 100 Index had been down as much as 30 points during the morning session following the dive on Wall Street on Tuesday and sharp losses in Tokyo.
        909 words
      • Article
        ZURICH
        277 28 SHARES ENDED over one per cent lower on Wednesday, following Wall Street's sharp losses, Tokyo's steep fall and the weak showing of European equity markets, brokers said. The All-share SPI Index fell 13.1 points to 1,129.6 and the SMI Blue-chip Index lost 23.4 points to 1,827.1. However, both indexes
        277 words
      • Article
        BRUSSELS
        137 28 SHARES CLOSED sharply lower on Wednesday but off the day's lows in active trading following a big overnight drop on Wall Street and in Tokyo. The Bel-20 Index closed down 17.73 points, or 1.49 per cent at 1,170.54, slightly above a late afternoon low of 1,167.10. Volume of shares
        137 words
      • Article
        JOHANNESBURG
        391 28 SHARE PRICES fell across the boafd in thin trade on Wednesday in line with other world equity markets, but some of the leading counters bounced off their early lows as investors picked up selected stocks at the lower levels. "People have withdrawn orders until they see where the market
        391 words
      • Article
        TORONTO
        254 28 TOKYO'S sharp downturn overnight, the third straight day of heavy losses, sent Toronto stocks sharply lower on Wednesday, dealers said. Traders said rumours of further trouble from Japan, particularly in the financial services settors, also battered Toronto. The TSE 300 Composite Index closed down 18.51 points to 3,318.10, the
        254 words
      • Article
        FRANKFURT
        192 28 THE STOCK market followed Tokyo down on Wednesday, operators said, as the DAX spot trend index ended at 1,720.01 points, down by 1.10 per cent from the Tuesday close. The Commerzbank indicator fell below the 2,000-point level to end at 1,980.30, down 1.4 per cent on the day. Analysts
        192 words
      • Article
        AMSTERDAM
        197 28 SHARES CLOSED just over one per cent lower on Wednesday after a nervous afternoon session when all eyes were fixed on the extent of early Wall Street losses. "The afternoon was a little bit nervous, but when the Dow Jones followed the same pattern as the UK FTSE and
        197 words
      • Article
        STOCKHOLM
        101 28 PRICES ON the bourse closed substantially lower on Wednesday on concern about declines in the US and Japan, and rising interest rates at home, dealers said. The All-share Index was down 1.62 per cent to 959.99 and the Top-16 fndex fell 2.09 per cent. Turnover was moderate at 457
        101 words
      • Article
        PARIS
        193 28 THE BOURSE slumped 3.44 per cent on Wednesday, recording its sharpest one-day fall since August 19 as skidding prices in Tokyo and New York prompted investors to dump stocks. Brokers said Prime Minister Pierre Beregovoy's decision to bring forward the abolition of the top 22 per cent rate of
        193 words
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      Page 28 Advertisements Column 1
      28 28 Personal Finance s Investment in Business Times every Saturday Jußt a call do— it oil if tho call's to The STRAITS TIMES APPOINTMENTS to odvortiM for qualifiod holp.
      28 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback slips against yen but stays firm against mark
      1167 29 REPORTS ASIA Tokyo: The dollar slipped against the yen in late Asian trading yesterday while it remained firm against the mark. "Mark sales for yen dominated the market today," said a dealer at a US bank in Singapore. "The mark is
      1,167 words
    • Article
      Lock icon Globex electronic trading system to start on June 25
      346 29 UPI TOKYO The longawaited, often-delayed start of Globex, the after-hours electronic trading system for futures and options, has been scheduled for June 25, officials said on Wednesday. Globex is a cooperative venture of the Chicago Mercantile Exchange, Chicago Board of Trade
      UPI  -  346 words
    • Article
      INTERBANK FOREX RATES
      378 29 Cross rates Apr 9 USS SS MS Dm Yen SFr AS NZS USS 1.6520 2.5560 1.6275 132.40 0.5719 1.4955 1.3158 1.8382 SS 0.6053 1.5472 0.9852 80.1453 0.3462 0.9053 0.7965 1.1127 MS 0.3912 0.65 0.6367 51.7997 0.2238 0.5851 0.5148 0.7192 Dm 0.6144 1.0151 1.5705 81.35 0.3514 0.9189 0.8085
      378 words
    • Article
      MONEY MARKET
      536 29 Interbank rates SS Bid Offer Overnight 2 7/8 3 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: 3-1/16 ISS Bid Offer 7 days 4 1/8 4 1/4 1 month 4 1/8 4 1/4 2 months 4 1/8 4 1/4
      536 words
    • Article
      FINANCIAL FUTURES
      1326 29 SIMEX EURODOLLAR Open High Low Sett Est Vol Act/Vol Op/Int Jun 92 95.71 95?7I 6200 ***** ***** Sep 92 95.41 95.42 95.36 95.42 9000 ***** ***** Dec 92 94.73 94.75 94.67 94.74 5500 8550 8600 Mar 93 94.46 94.48 94.41 94.46 800 2644 3729 Jun 93 93.93 93.95
      1,326 words
  • Page 29 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Platinum set to become cheaper than gold: dealers
      411 30 Reuter LONDON Platinum, which has shed US$l2 (S$ 19.80) an ounce in a week, may be set to become cheaper than gold, depressed by gathering gloom over the Japanese economy. "I see it (platinum) going down to a discount to gold. I've
      Reuter  -  411 words
    • Article
      Lock icon Taiwan gold imports expected to soar on industrial demand
      275 30 Reuter TAIPEI Taiwan, once the world's biggest importer of gold, is expected to boost bullion imports sharply this year to meet rising demand by its electronics manufacturers and other processing industries, dealers said yesterday. The Finance Ministry said physical imports of
      Reuter  -  275 words
    • Article
      Tin price rises one sen on smaller offerings
      839 30 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market edged up one sen to M$ 14.58 a kg yesterday due to smaller offerings by miners. It opened at Wednesday's M$ 14.57 which saw bids of 43 tonnes and offers of
      839 words
  • Article
    PRICES
    1437 30 Rubber Apr? HAS (tofc in tjjg) S cents/kg Noon Close Int 1 RSS Prompt 140.25/141.25N I40.25/141.25N Int 1 RSS Mav 92 141 00/141.50 141.00/141 50 Int I RSS June 142.25/142.75 142.25/142.75 Int 2 RSS OP 1.18.50/139 50N 138 50/139 50N Int 3 RSS OP 138.00/139.00N 138.00/139 OON Int 4
    1,437 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1307 30 BUSINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3698 1N THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF SUNTONY PTE LTD (Incorporated in Singapore) (In members' voluntary winding-up) At an extraordinary general meeting of SUNTONY PTE LTD duly convened and held at the
      1,307 words
    • Advertisement
      Page 30 Advertisements Column 2
      6 30 Innovation Technology in BT every Tuesday
      6 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1073 31 aty ragt ETA F1HM ETD J Abu OfcaM GA970 2035 MaUMc QF81 1955 Qf82 2205 SQ227 2230 1 Innr RJ183 2340 I >hiH<i«i KL837 1255 SQ24 0115 SQ323 1815 KL838 2240 SQ348 2300 MM NZ35 1550 SQ285 2TT5 SQ288 2030 NZ36 2355 BA12 2200 j tr-t"
    1,073 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Asterix versus Mickey Mouse
      720 31  -  LETTER FROM PARIS By Roger Cohen AS EURO Disneyland, amid enormous hoopla, prepares to open its US$4.4 billion (557.3 billion) theme park and resort on Sunday in what used to be tranquil farmland near Paris, a much more modest French theme park is quietly marshalling its
      720 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 31 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2484 I.26SS Canadian dollar 1.3724 1.4005 NZ dollar 0.8880 0.9060 Sterling pound 2.8750 2.9140 US dollar 1.6480 1.6500 Ixjcal dollars to 100 units of foreign currency Austrian schilling 14.26
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      47 31 Duration Title Vera, Orgmser Tj> Punt™ Till. V™. Ownbe, Td April-May International Fair Buenos Aires. Intereapo 541-*****1 May 7-16 International Predio Ferial Machine Tods 541-*****3 on Construction Argentina Sudamencana Exhibition on de Palermo. Argentine Material* A. SA Machine Tools Buenos Aires Manufacturers Association Technology
      47 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      38 31 What's theprice for a united Europe? Exactly the same when you fly to any one of Pinnair's 35 European destinations Check with your travel agent or call *****77 for more details. We know Europe from atari to Finnish
      38 words
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      Page 31 Advertisements Column 2
      24 31 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
      24 words
    • Advertisement
      Page 31 Advertisements Column 3
      101 31 BLOOD DONORS WITH AIDS Should they be named? Two blood donors, who later tested positive for the Aids virus, have been jailed and fined for giving false information when they donated blood. Does the public have a right to know who they are? P*****T ty i name them! "If they
      101 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      272 31 1 He gave Napoleon the boot! —iflT—^l^ 10 Family division socially ac- ""tJ"™■J" TBT" ceptable a Roman family JH—— security classification 13 Roman banker born in a Hi"iBl"" terrace row der he'd squirmed (7) German song about Living- Ljjß stone de lo d strain (7) j 22 Goes, but prepares
      272 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      162 31 Singapore Outlook: Showers over several areas in the morning. ReportMaximum temperature 33.1 Assoc humidity 61% Minimum temperature 23.3 Assoc humidity 93% Hours of sunshine 4.15 Rainfall in mm 3.6 Rainfall this month 120.3 Rainy days this month 5 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 18/09 Cloudy Bangkok 38/27 Clear 8eijing................
      162 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      22 31 "Wis Fißrn rs takhg roe. PoR P> Foi- 1 im-TRPIY ON moJev A pjoe I'n G€.TriNQ> V+eß<£- v g NEWSPAPERS LTD.. I—2-1W?
      22 words
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  • Article
    Lock icon Yeltsin wins interim victory in Congress battle
    487 32 Proposals to strip him of special powers withdrawn M _1 till/. L Reuter AP MOSCOW Russian President Boris Yeltsin won an interim victory over his conservative critics in Russia's supreme legislature yesterday when a key committee withdrew proposals to strip him of special
    Reuter; AP  -  487 words
  • Article
    Lock icon Russian banks vow to fight foreign competition
    178 32 Reuter ST PETERSBURG, Russia Russian commercial banks yesterday vowed to resist foreign competition, saying it would kill their business and weaken control over the country's economy. Speaking before the opening of an international banking congress, the head of the Moscow-based Credo-Bank, Yuri Agapov,
    Reuter  -  178 words
  • Article
    Lock icon Peacekeepers may seek UN action against Khmer Rouge
    278 32 AFP PHNOM PENH The head of the United Nations peacekeeping operation in Cambodia, Yasushi Akashi, yesterday said he would not rule out UN Security Council action if the Khmer Rouge does not start cooperating. The radical Marxist faction has refused the UN
    AFP  -  278 words
  • Article
    Lock icon Jakarta to retain clove agency, plans to stabilise market
    329 32 AFP Reuter JAKARTA Indonesia yesterday said it would retain a state-backed clove monopoly agency set up to prop up sagging prices but it would cut the clove reference price in an effort to stabilise the market. In making the announcement, Trade
    AFP; Reuter  -  329 words
  • Article, Illustration
    Lock icon Major and Kinnock both confident as Britons go to polls
    503 32 AP LONDON Britons voted yesterday in the most closely fought election in decades, which may leave no party with overall control of Parliament. Fine spring weather helped get voting off to a brisk start in some areas of England, Scotland.
    AP  -  503 words
  • Article
    Lock icon Newspapers take sides as they enter fray
    240 32 Reuter LONDON Newspapers heaped advice on an uncertain electorate in Britain's general election yesterday, with the Financial Times, bible of the nation's businessmen, abandoning the ruling Conservatives. It took the surprise step of nailing its banner to the mast of change after 13
    Reuter  -  240 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      79 32 Nikon The World's Finest Photographic System TANG SAN ANTIQUE HOUSE "TJj cordially invite rf the pleasure of your company to china ANTIQUE FURNITURE EXHIBITION j j OINC. OFFICIALS LAM C.IJAN HAT ARMCIIAIR (WU MKI WOOD) Wu Mei, Zitan, Huang Huali, Jichi, Duan, Blackwood And Elmwood. Venue 20, Upper Circular Road
      79 words
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      Page 32 Advertisements Column 2
      46 32 Nikon The World's Finest Photographic System M aestro: C? >• y B House Noble House iL ICI Restaurant Ptf Lid K| J* j Shenton Way. UIC Building Level 6. Singapore 0106, Tel: 227 0933 Memhrrof m m *t m m m 4^* T\*6 LOK GffOUP Of RESTMAAMTS
      46 words
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  • SHIPPING TIMES
    • Article
      S'pore agent gets nod to run Vietnam ship agency
      456 33  -  By Juliette Walker SINGAPORE Singapore offshore agent FalcoNov Pte Ltd has received the official go-ahead to operate as a general shipping agent and freight forwarder in Vietnam for foreign shipping lines and air carriers. .FalcoNov was recently organised as a joint
      456 words
    • Article
      Lock icon Japanese build vessel to escort plutonium shipments
      318 33 NYT TOKYO An armed escort vessel built to protect shipments of plutonium from hijackers and terrorists was delivered on Wednesday to Japan's Maritime Safety Agency by a Tokyo shipyard. The 6,500-ton, 150-metre long ship, christened the Shikishima, is armed with four 35mm canons
      NYT  -  318 words
    • Article
      Lock icon Double hulls may pose problems for ship classification
      359 33 Reuter NEW YORK Doublehulled oil tankers may not be the environmental panacea they are touted to be, say ship classification societies who warn of potential dangers inherent in their construction. "The double hull has environmental improvements, but it is more difficult to
      Reuter  -  359 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1185 33 Page Col 4 ABC Containerline 12 I Accord Group 8 1-3 Ahrenkiel Liner 16 4 < Allied-Link 16 4/5 Anglo Orient 16 1/2 < ANL 3 1/2 < APL 5 3-5 A.P.C. Lines 13 5 < A cWarehousing 15 5 Arrow Int 9
      1,185 words
    • Article
      SIA to drop Honolulu from S'pore-LA flight
      232 33 SIA to drop Honolulu from S'poreLA flight SINGAPORE In line with its long-term strategy of providing more non-stop connections, Singapore Airlines will drop Honolulu as a transit stop from its SingaporeLos Angeles service later this year. Passengers on this service will then be required to transit only in Taipei, said
      232 words
    • Article, Illustration
      $50m worth of craft at Boat Asia '92
      285 33 SINGAPORE Luxury boats worth over $50 million will be on show at Boat Asia '92 scheduled to be held from June 11 to June 14. The show, to be held at the World Trade Centre, will feature both land and water displays
      285 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        Number of laid-up vessels rose in March
        90 34 -LONDON World oil tankers in lay-up. idle or under repair rose to 2,517,707 long dwt (29 vessels) in March from 2,505,045 long dwt (27) at end-February. London shipbroker Howard Houlder said. The number ot combination carriers laid-up at end-March stayed at 224,476 long
        90 words
      • Article
        Litton gets major navy deal
        55 34 WASHINGTON The Ingalls Shipbuilding Inc division ot .Litton Industries has been awarded a U*****.6 million ~(*****.4 million) defence contract for two Arleigh Burke class Aegis destrovers, the US Navy said. The ships will be built at Pascagoula, Mississippi, and are expected to be eompleted by
        55 words
      • Article
        Second fire at Amoco refinery
        68 34 TEXAS CITY Fire was reported at the Amoco Oil Co refinery for the second consecutive night on Monday, injuring one worker when vapour escaped during a maintenance procedure and ignited. The blaze erupted about 9.15 pm and "was less extensive than the one that injured
        68 words
      • Article
        Air Pacific's US$38m GE engines
        91 34 EVENDALE General Electric Aircraft Engines announced on Tuesday the sale of engines worth US$3B million to Air Pacific for use on three Boeing planes. The planes are to be owned or leased by Air Pacific, which is based in Fiji. The three planes are to
        91 words
      • Article
        Cheney against Osprey plane
        91 34 •WASHINGTON Defence Secretary Dick Cheney has defied Congress's directive for him to fund the tilt-rotor V-22 Osprey plane, telling Speaker Thomas Foley he will not do it, congressional sources said on Tuesday. They said Mr Cheney told Mr Foley in a letter: "We do not intend
        91 words
      • Article
        Vung Tau Cargo fetches Dfl 13m
        58 34 AMSTERDAM The Vung Tau Cargo, a load of 300-year- old Chinese porcelain recovered from a sunken junk, fetched 113.3 million guilders (Ssl2 million) in Vietnam's first-ever "Western auction sale. The Christie's auction house had predicted the two-day sale of the 28,000-piece cargo here would
        58 words
      • Article
        Repaired Greek ship leaves Cuba
        39 34 LONDON The Greek freighter PSPalios sailed for Trinidad Tobago on Sunday after engine repairs in Cuba, Lloyd's Shipping Intelligence Service said. The 23,648-dwt vessel was towed to Cuba late last month after engine failure.
        39 words
    • Article, Illustration
      Shake-up of conference system
      902 34  -  Andrew Spurrier examines the major implications of the fall-out from the European Commission's decision to act against abuse of the conference system Andrew Spurrier THE already weakened conference system was dealt a major blow last week. Although neither Mr Vincent Bollore, the chairman of SCAC-Delmas-Vieljeux (SDV),
      902 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      591 34 Carbon Carbon Apr 2 Density Kilter Residue Ash Aluminum Sediment j Density Witer Residue Ash AkMwmim SeAmeilt M/M 1 Euon KG/M*3 V/V M/M 1 M/M PPM method KG/M*3 1 V/V M/M M/M PPM mettxj) ISO/Cimac Mb Spec E25 991 To 010 30* 010* Eastern USA 180
      591 words
    • Article
      THE SHIPPING GUIDE
      10819 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by t destination, the name of the c ship, the shipping line in- 2 volved and the estimated dates of arrival and departure i from the Port of Singapore. LEGEND i
      10,819 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        427 49 V|K« Voy No Berth Anivil Departure vwsrt Voy Wo Berth frmal D«part»«_ Marina Terminal 1 Kuala Siak in ksw/92 #> a f° ngs !rm moo BaUm Muini *****2 M05 alongside 09 04 2300 Lion Valour '12 atongsite MM/IMG £sam *****2 M04 alongs.de 0904 2359 q-Tsu I 9201
        427 words
      • Article
        CONTAINER SCHEDULE
        1661 49 NEW 8<P SoOgYun Tuny Maksar wy no 920? 05-92W 3A 280 KP1207 04E 9204 14 788 a»»urc 0804 92 0700 Korsun Shev 02GE92 COO(EST) 09.04.92 1500 *****2 08.0492 0745 0855 Danube Hualihe 01/114 30E COO(EST) 09.04 92 COO(EST) 09 04.92 0700 2130 OCX Lilac 08.0492 0930 Nan Pnnce
        1,661 words
    • Article
      TRANSPORT DIARY
      975 50 1 May 8 (I day): Implementing and Developing Strategic Logistic Systems, organised by Singapore Institute of Purchas- ing and Materials ManageI ment. For more details, please I contact SIPMM Secretariat at ;tel: 273-4172 or fax: 274-1132. May 15-16 (l'/i days): ISO ,9000 for Warehousing and Distribution Centres, organised
      975 words
    • Article
      DAILY FREIGHTS
      575 50 NEWS the Russian government has allocated USS7B million to repay freight debt helped to support a weak dry cargo freight market, brokers said on Wednesday. Itar-Tass news agency said the funds will be used to pay off debts of state grain importer Exportkhleb, food and commodity trader Prodintorg
      575 words
    • Article
      Lock icon US-EC deal on aircraft subsidies in question
      411 52 US demanding to renegotiate key condition AP BRUSSELS A tentative accord between the European Community and the United States to limit aircraft subsidies could fall apart because of US demands to renegotiate a key condition of the pact, an EC official said on
      AP  -  411 words
    • Article
      Lock icon US car companies cheer report on fuel economy standards
      360 52 UPI DETROIT The Big Three automakers say a longawaited government study vindicates their position against ever-rising federal fuel economy standards. A report by the National Research Council, released in Washington on Tuesday, suggests that higher gasoline taxes or fees for gas-guzzling
      UPI  -  360 words
    • Article
      Lock icon Bush govt against bill to curb Japanese car exports
      329 52 Reuter WASHINGTON The US administration left no doubt on Wednesday it firmly opposed legislation that would cut back Japanese auto sales. Ford Motor Co and General Motors Corp expressed reservations about the bill. Detroit's number three automaker, Chrysler Corp, told a
      Reuter  -  329 words
    • Article
      Lock icon US ship to study Pacific Ocean
      214 52 AP JACKSONVILLE, Florida The research vessel Knorr is leaving here on a year-long Pacific voyage to study the ocean's effect on the global climate. Packed with computers and scientific instruments, the Knorr will study the water and currents of the southern Pacific Ocean near
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      Lock icon American Airlines seen to make fare changes
      568 52 NYT NEW YORK American Airlines yesterday announced "a fundamental shift in the way that we look at our business". An official, who had confirmed the announcement plan on Wednesday, said that the carrier planned "more than a simple fare action". The official, who
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      Lock icon Talks on shipbuilding subsidies a failure: US
      140 52 Reuter WASHINGTON The US will not commit itself at this time to further negotiations on eliminating shipbuilding subsidies following the failure of talks in Paris to produce an agreement. Acting US Trade Representative Michael Moskow said on Wednesday that the US had gone
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      Lock icon Spanish firm to buy natural gas from Nigeria
      450 52 Reuter LAGOS ENAGAS SA of Spain agreed to buy more than US$2 billion (553.2 billion) worth of liquefied natural gas (LNG) from Nigeria over a period of 22 x h years starting in 1997. Nigeria LNG Ltd, a joint venture, and ENAGAS
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      Lock icon McDonnell clinches Chinese deal
      203 52 UPI LONG BEACH, California Chinese aviation authorities have approved a contract calling for McDonnell Douglas Corp to produce 40 additional twin-jet aircraft assembled in Shanghai, a spokesman said on Wednesday. The agreement between McDonnell Douglas and the Chinese National Aero-Tech-nology Import and Export Corp would cover
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      26 33 Ums iml mhlcw npnmtid Mirtin «f tin tf AccrOui jUMK Ihiiufi Hatliaal tSaMli/ p mMV/ pMg MIKIIDM. XSJJJVR' For advertising enquiries, contact Shipping Times. Tel 740-2089/740-2090.
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      160 33 the FAMOUS /°*<b bmk/pmak ■iMIIIJI* 224 1833 For more information please refer to P*. 13 Container Schedule 17 Daily Freights 18 Index 1 St*ppmg Guide 10.111 Ships m Port 17 Singapore Tides 17 Transport Diary 18 Veritas Report 2 Weather and Sea Conditions 17 C*MOFU) < r Shenyang j J
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      84 34 il® ii Ak m r k W j JM&M i jhmm v j Employ Business Times. Singapore's foremost business and financial daily is compulsory reading for the successful. If you're "headhunting", you are on target with Business Times. Executive Appointment advertisements will be in the daily Stock Exchange pages and
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      2197 35 00CL (S) PTE LTD JARDINE SHIPPING AGENCIES %%|V## TEL: *****11 *****09 iIHW BOOKINGS TEL: *****34 *****58 ITCXTII| TERMINAL/CFS TEL *****18 220 WVuVll I PESAKA JARDINE SHIPPING AGENCIES SDN. BHD 1 A PORT KELANG TEL: *****18 FAX: *****91 *****88 ■■fcW^B 7T~7 0 PENANG TEL: *****4 FAX *****1 CFS TEL: *****6 Dedicated
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      Page 35 Advertisements Column 2
      1312 35 Find out how sellers are reaching out I i to buyers in Advertising and Marketing. Every Thursday in BT (3« ///I I UNITED ARAB SHIPPING (SA G)\ ■^K|pi VSI/VOY f *SIN NYC BAI OWF SAV I ■MM I a/4 I/I 4/1 VI V* I m <hvi I >/) U/i ivt
      1,312 words
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      Page 35 Advertisements Column 3
      1219 35 iamssmm NEXT SAILINGS TO USA IXEL MAERSK V.9206 ETA SIN 14/4/92 DISON MAERSK V.9204 ETA SIN 14/4/92 Voy ETA ETD Feeder by DESTINATIONS Cape Bonansla/ Aries Madison Maersk 9204 100 HRS Port >359 MRS Kelang Penang O AK LGB MOU MEM ATL MIA CHS BAL PHL NYC MON TOR ERSK
      1,219 words
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      1093 36 rdam/ VOY NO S PORE JEDDAH SHAMTON H'BURG ANT LE HARVE LUDWIGSHAFEN EXPRESS 01/314 12/4 29/4 1/5 4/5 5/5 ■EmMI MONTE ROSA 18/115 16/4 25/4 9/5 5/5 4/5 i. Ml MSIMMB ELBE 10/315 19/4 6/5 8/5 /5 IZ/» POM «UM6 KSXg""* 51JJ1S ISiJ 33 !i« "MOWKc/coronr TOKIO EXPRESS 05/117 30/4
      1,093 words
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      Page 36 Advertisements Column 2
      640 36 BEAIPAC SERVICE CONTAINERS BREAKBULK I DIRECT SOUTH PACfIC SERVICE I V StiTINOU suv ppt II LJBONTANG 35° 7 E8 2T-g/4 10/5 13/5 17/5 T^f L Ttm# 1(13) (16. (22. N ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. 1 APIA, NUKUALOFA, P VILA M FASTEST SERVICE TO CWLE/PERU I
      640 words
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      Page 36 Advertisements Column 3
      1284 36 Diwama UII REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE I*l /unv SIN ALG BCL HAM BXt ROT ART FU LHA */w SIA (via ALG) HAM) KOT) NOR ASIA MUBARAK 9206-3 13/04 30/04 03/05 04/05 05/05 06/05 07/05 08/05 09/05 St®?-. *****1 B B B !l TO ALL SCANWNAVWN (iSim.
      1,284 words
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      Page 37 Advertisements Column 1
      1881 37 n STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa*: *****17 l9Xll|T9XKl9lTllin!Rnn'n?!iinNl i>l HH "ifi fl »«1 ;>■! J r fi Yii r^— H] mwA Lil J HKyj afliV/ll tW»I »1»1IIIlNI ACCEPTS DUE SAIS CARGO SPORE B'KOK SIHAIIS STAR VOSE Shan, Taw Ni
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      Page 37 Advertisements Column 2
      2017 37 V SINGAPORE AGENT: P»0 Containers (Singapore Agencies) Pte Ltd I 9 V 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 225 2233 Te)ex RS ***** pnocSP Fax 225 5327/222 7517 CR Number **********0Z EXPORT JSSS= VESSEL VOV -PNO *P«C SIN M.G SOU AWT BOT MAM JEO CA'OSAN
      2,017 words
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      480 38 Page I 111 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE .SI VOY RDAM ADAM H BIIRG BRtMfN ANIWERP iRWIUAYA J4WB 25 4 5 3 6 I 6 10 6 nUTN.<2MB 25 b 28 6 3 7 111 10/ FAST TRANSIT TIME ACCEPTING BREAKBUIK/CONTAINERISED CARGO Sut>|«ct to lnduc*m*nt Also
      480 words
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      Page 38 Advertisements Column 2
      1161 38 (g) HANJIN SHIPPING fW mcT* l ?b Tb 073E lT« mVIAWK 02* 21/5 22/5 24/5 HANJIN LEHAWE 017E 12 4 D*ECT 3/5 S/5 H KEELUNG 036E 28/5 29/5 31/5 HANJIN OAKLAND 0171 19 4 DKECT 0 5 13, 5 nSHGUI» MY »5£ M HtOMMNCE 0221 4/6 5/6 7/6 HANJIN LONGBEACH
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      Page 38 Advertisements Column 3
      940 38 Lf j i-T r i mm I, S." &S. ffij SS. R""«"5S;»;"i K Si SS I'l i aunt w 043 11/* iv* jm *n vj in »/J >n >* n 1» s/» s/i 2J/ 7/7 17/7 21/7 a/7 isavs. W« 1" tw Si !w !»»!> ■/> m«««»»« *> I I
      940 words
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      1688 39 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 2ZZ AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 -.*****53/*****50 3RSZ nepline sdn bhd
      1,688 words
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      Page 39 Advertisements Column 2
      1043 39 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—OtSCHARQNC WESTBQHC—LOAOWG TRANSHPPED VIA ROTTERDAM mans voy |mw
      1,043 words
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      Page 40 Advertisements Column 1
      1401 40 'ageJ> 1 44 AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) j K TEL *****77 TELEX: KAWAKIRS23I6S FAX; *****07/8/9 W lr MALAYSIA: *K" UNE MARITIME (MALAYSIA) SDN BHD B TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 K1 INDONESIA: P.T. SARANA LAVTINTERNUSA TEL: JKT *****76. *****77. *****08
      1,401 words
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      Page 40 Advertisements Column 2
      1045 40 PHIU-OMCNT LIN€S PT€ LTD <#=% 108 Robinson Road #07-00 GMG Building Singapore 01W Tel: *****22 *****69 *****00 Telex :RS ***** FAX: *****76 *****38 &JS BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU V MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCULCL SERVICE ,1? APR
      1,045 words
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      1700 41 PACIFIC INTERNATIONAL LINES (PTE) LTD *****5? Jv Jv KbWH 140 Cecil s,reet> 3 oo P,L Building, Singapore 0106 Tel: *****33 IJAKARTA ~~~~l [BANGKOK Z ~J VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN #7N 14/4 17 /4 21/4 BIINGA TERATAI 143 11/4 14/4 17/4 sW KSR2I3 11/4 14/4
      1,700 words
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      Page 41 Advertisements Column 2
      730 41 EacßenV I Ist1 st class container transport FrmrRtfFRRFI PCNANG PKELANGI OCEAN VSL/VQY SIN S0U(1) RTM (2) HAM (3)~ GOT (4) ANSON/TBN IQ/4 11/4 BENAVON 2142 14/4 W5 3/5 4,5 6/5 ANSON/TBN 17/4 18/4 JUTLANCHA 2152 21/4 0/5 10/5 11/5 13/5 ANSON /TBN 24/4 25/4 SELANDIA ?162 28/4 W5 18/5 20/5
      730 words
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      Page 41 Advertisements Column 3
      345 41 Mk MY AN MA] VHflgk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Sport P.KIf P*n P.Gdj MIR GUI VII3W 14/17 M hhrt PAGAN VIIIW 10/12 Apr HPA-AN VI7MV 14/14 Apr MYOMAYWA VI4IH 27/24 Apr PAGAN VII2W 30/1 May THE BANK LINE (A se«vicc of Andre* Nev SNppnO
      345 words
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      Page 44 Advertisements Column 1
      1984 44 sia s Agents: Indonesia Agents: M Clmng Chi»o Shipping Sdn Bhd P.T. Global Mr a Indonesia Maritime I P9A lalan Komi Hthr JMH JutmbM/14 Oil lalan Ipoh, Senlul. illOO Kl 36 1/64 M 442 Ml 442 508/ 21 At oronq Cempenmq oh Man Bcongm lei 368 8106/368 SIM ifd noor.
      1,984 words
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      Page 44 Advertisements Column 2
      340 44 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET HBHHB #14-04 NATWEST CENTRE Singapore 0106 Tatar R*****0 T«t: *****81-3 Fax: 22S 4939, *****38 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK TWADtKA 919 11/04 (SAT) 15/04 (WED) LAWANTI 956 13/04 (MON) 15/04 (WED) DERAJAT 979 15/04
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      Page 45 Advertisements Column 1
      615 45 (t FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. SPORE 0207 HOT LINE *****33 24 LINES LIMASSOL PIRE AUS 12/4 ROTTERDAM 12/4 HAIFA/ASHDOD/ALEXANDRIA 12/4 HAMBURG/BREMEN 12/4 MARSEILLE/FRANCE 12/4 FEIIXSTOWE/UK 12/4 BARCELONA/SPAIN 12/4 lEHAVRE/ANTWERP 12/4 GENOA/ITALY 12/4 GOTHENBURG/SCANDINAVIA 12/4 LOS ANGELES/WC/IPI 12/4 SYDNEY/MELBOURNE 12/4 NEW YORK/EC 12/4 FREMANTLE 15/4 VANCOUVER
      615 words
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      Page 45 Advertisements Column 2
      832 45 f,£ll RICHFIELD MARINE AGENCIES (S) PTE LTD IS I TEL: *****33 (12 Lln««) m FAX: *****15/*****03 IfTl] TELEX: RS ***** RISHIP (3 Lln««) ETHIOPIAN SHIPPING LINES Y~- 4 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA ITOADJncTTOH SPORE ABYOT \e~o4 DARESSALAAM MOMBASA OJIBOUTI ASSAB MASSAWA '6WB DARESSALAAM
      832 words
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      Page 45 Advertisements Column 3
      695 45 BANGKOK nzzz 1 SIH I KT 1 ««tt WW SW6AMK M*X» lo ft 12/04 SWI BHUM 500N_ _IVO4 1* 14/04 "/<» "AHA BHUM# 15/04 11/04 lAKUBKI## 23N M?n 12/04 M NANTA BHUM I*. ivo* sf! l!^ 4 —irt 2!! mxVWA BHUM 01N Mon 20 0* Thur 23/0* WANT* BHUM MN
      695 words
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      Page 46 Advertisements Column 1
      795 46 tmmmmmmmmmmmmmmmmm mmmmmmmmmmmm mmiimiihiiimmm% ft*§MAC-NELS S'PORE IS3£?£%\ xss&WJZf™ UK/SCAHW4ED PORTS COLOMBO/S. AFRICA PEN PK SIN Colombo 11/4 12 4 l^ /4 12/4 13/4 14/4 Ldn/Fli/Rdm/Ant Durban/Pt Louis 23/4 24/4 25 4 12/4 13/4 14/4 G'burf/C'hajen/S'bolm/Oslo m < 17/4 18/4 19/4 Piraeus/Genoa/Trieste PT, KLANG/PENANG I u'A il/4 '.6/4 JPN/BUSAN/MANILA 11/4 12/4 13/4
      795 words
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      Page 46 Advertisements Column 2
      269 46 'ffgfc blue star line TO FROM 0/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPt AKL ITT SIN MUiBERA 27S 13/4 24/4 VIA NPI 2«/4 11/5 AUST STAR 0518 21/4 3/5 VIA NPI 5/5 22/5 PHOSPtCT ISS 3/5 15/5 VIA NPI 17/5 3/6 FULLY
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      Page 46 Advertisements Column 3
      1087 46 THONG SOON LINES PTE. LTD. Mi 77 ROBINSON ROAD #15-00, tflt-JOSIAA4i LD JJS£» S INGAPORE 0106 I TEL: FAX NO: *****11, *****22 I XLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I 1 COMVENTIONAL/CQMTAINER I CONTAINER 96RYICM ,1 MALAYSIA SINGAPORE TO WEST MALAYSIA "Snii lim lm IItST ill SM,t
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      715 47 Shipping Timet, Friday April 19 19IZ W-n COMPANIA PERUANA nBkX de vapores "PERUVIAN STATF. LINE" ACCEPTHG BREAKBW.K FCL SOC CARGOES TO/FROM CALLAO, MATARANJ. 110* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL Of LADING WcV"EVERETT ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTING BREAKBULK SOC CARGOES TO/fROM KOBE,
      715 words
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      Page 47 Advertisements Column 2
      480 47 CZ3L I n/lisal N.AMERICA/CARRIBEAN SERVICES VESSEL VOY SIN MAWLIHEA WW LA» »ST SA» NTC HH A VSL 14/4 ?M KEtLUNG ill llZi_ iili- lliL. 2Um OSAKA 22E 19 4 MA BMIA ML Uli- HiA- -iii- -Li- -M?iii ioktq ix u±_ mmm isl- _Li- _ljl _li_ TIM HAIFA 72E tS Ull
      480 words
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      Page 47 Advertisements Column 3
      568 47 MULTI-MODE SHIPPING PTE LTD I MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL w LHJBAI I)AMMAN SHARIAH DOHA MUSCAT BAHRAIN ABU DHABI f. BANDAR ABBAS ICDOAH g FAR EAST ACCEPTING FCL/LCL PENANG P KM AN(> lAKARTA. BANGKOK HONG KONG TAIWAN lAPAN MANtIA KOREA UK/EUROPE I ACCEPTING FCL/LCL LONDON KUXSIOWf LEEDS. Til BURY ABEROEEN LE
      568 words
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      Page 47 Advertisements Column 4
      478 47 ascan/china services VESSEL SGP fK PNG f- GUOAN6 MN FOR Pa, 21/04 DAIIAN/QWGDAO Q SHAN 05/05 HUANGfU/SHANCHA. MAORAS/COLOMBO/BOMBAY/KARACHI SERVICES scr n me YANCOON AIN f<* MADRAS/COLOMBO SIMGAPOREfIKADRAS/SINGAPORE FCIACL SERVICES SGP »«S TBN 05 06/04 11-13/04 TBN 1516/04 21 23/04 TBN 1119/04 24-26/04 TBN 29-30/04 05-07/05 ASEAJVAUSTRALIMAR EAST PORTS/ME CXTtfiRANEAM/fUROPEAiI PORTS
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      Page 47 Advertisements Column 5
      475 47 SMI FM EAST 13/4 KEELUNG/KAOHSIUNG 12/4 BANGKOK 12/4 MANILA/CEBU 12/4 JAKARTA/BELAWAN/SURABAYA 13/4 PORT KELANG/PENANG/E. Malaysia 13/4 BUSAN 12/4 TOKYO/YOKO/KOBE/NGO/OSA 12/4 HONG KONG Si CHINA 12/4 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPC/UK 18/4 LDN/FLX/LVP/SOU 18/4 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 13/4 LOS
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      Page 48 Advertisements Column 1
      706 48 CIT FIL CONTAINER SERVICES PTE LTD I MADRAS CALCUTTA [~VSL SIN/MADRAS VSL SIN/CALCUTTA SIM MAA SIN Mil AMMBU 06 0? 04 1? 14/04 20 21/04 MM ftVMUU Ofi 0? 04 13 16 04 17 23 04 111! ni 14 ?|,04 27-7* 04 13 14 04 /"i"" wul SSSi Sli/S 29
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      Page 48 Advertisements Column 2
      361 48 Bonterm] CONTEKM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— AUCKLAND 13 APRIL BANGKOK 13 April FREMANTLE 16 April EUROPE 11 April GOTHENBURG 12 April PENANG 13 April PORT KELANG 12 April JAKARTA 14 April MELBOURNE 15 April SYDNEY 15 April ©235 0633 (KATHLEEN/ NICHOLAS/ MARILYN) P.Kelang:
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      Page 48 Advertisements Column 3
      558 48 Next Week's Sailings ETD j ETD 3 W < To: Singapore Singapore nl&i W F Rotterdam u.04.92 Ik*,. Port Kelang 12.04.92 Los Angeles 12.04.92 yVHB (Onforwarding To Mid West/ Port L° u is 13.04.92 Coast of USA) fg Singapore Tel: *****22 ft IA Fax: 779 2738 Esther Yap Johore Tel:
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      Page 48 Advertisements Column 4
      442 48 MANILA ETA VIGOUR PACIFIC 60N6 U/4 VIGOUR SINGAPORE 24N8 18/4 BANGKOK 11/4 18/4 BUSAN 13/4 20/4 HONGKONG 12/4 22/4 DURBAN PT LOUIS 25/4 6, 5 KLELUNG 13/4 20/4 USA 13/4 20/4 PT KELANG 14/4 18/4 KOBE 12/4 19,4 PIRAEUS 14/4 22/4 OSAKA 14/4 21/4 JAKARTA 14/4 18/4 1 DUBAI 17/4
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  • Page 49 Miscellaneous
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      Page 49 Miscellaneous Column 1
      437 49 TIDES AND WEATHER t ILI -nn-n-fi, zx.«xrr** >vs TODAY'S TIDES in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 *****000 *****200 1300 **********00 1700 *****900 2000 2100 2200 2300 id 18 73 27 29 29 26 2.2 16 12 09 0 7 07 08 10 14 17
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      Page 50 Advertisements Column 1
      262 50 SERVICESj^I mfMUH *b mm liSpHf^j NZ --pom --fiw* Bs S3 slfe§ V jriMrihf CliiH?4- CANADA y-; ri#|ijfgy, Umtm, Wa/M^pmto—**. DnllUlVini' >. ->•-' /i* IHI <". V'.. ttiMi iMnttllw Jsl? *.'V '''"KHHlftCf V.% Jt^^ff HM| i^ii^ p; r r -'"HBife ttnM"Mfc -i. 1-^27. %SSBf fS ISM *9**** •*to 4 «»MNa (*liMk
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      Page 50 Advertisements Column 2
      393 50 Don't miss Personal Finance T Investment in Business Times j i every Saturday ■&.COSCO UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/04 Rotterdam/Arrtwerp CKWA CONVENTIONAL SERVICE VESSEL PKL PNQ P.O. LOADING FOR: TRANS ASEAN 15/04 20/04 Huangpu/Guanflihou CO SCO FULL CONTAWER SERVICES (FCL/FCL) EXPORT TO: CHMA/BANOKOK/HONOKONO
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      Page 50 Advertisements Column 3
      387 50 ■Bflk Bl v H B flB VSfc I W| BEUING CHANGCHUN CHONGQING/UZWXJ j GUILIN HARBIN KUMMING NANNING QUANZHOU SHEKOU SHENYANG SHENZHEN WUHAN XIAMENXIAN ZHENGZHOU Jb_ ORROSfLO /SHENZHIN SHIPPING Tel: 227 4788 Fax: 227 2Q83 WORLDGATE EXPRESS LINES PTE LTD Tel: *****11 Fox: *****73 Telex: ***** WGATE Vsl/Voy Sin Hkg Yok
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      Page 50 Advertisements Column 4
      193 50 L ijy.y.9.9- Loading SIN DESTINATION NAM VOY2W APR-10 APR DUBAI TBN 20 APR-23 APS DUBAI YUSR VOY 1W 10 MAY-1S MAY DUBAI Ott>ef Persian Gulf Ports Subiect to Inducement S'pore: Seacross Shipping Chartering Pte Ltd* Tel: *****51 Fax: *****70 Tlx: ***** SECROS Dubai: Galaxy Shipping Agency A*o i?T0M09f22«0»3 Telex *****
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      1051 51 lipping times, rriaaj ipruifuww /.•HYUNDAI I MERCHANT MARINE CO. [-TD- PACIFIC SOUTH-WEST SERVICE TO US* <0Y PKE* I PGD° ST MO LBH OAK D»L HOU SUJ NYC H COMMMOCR 33E 25/03 27/03 03/04 10/04 27/04 30/04 30/04 30/04 01/05 0105 03/05 H PIONEER 48t 01/04 03/04 10/04 17/04 04/05 07/05
      1,051 words
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      Page 51 Advertisements Column 2
      497 51 I SPECIALIST IN RO-RO i HEAVY LIFTS I I INBOUND VESSELS I VESSEL NT V H MC U I KMC MMI M JW W 11/4 I AfflAtSE I >•/« I TRANS AUTO II 11/4 >4/4 MA 11/4 I NSW TIAPEI 24 11/4 IS/4 I CAAVION TIAKI 24 17/4 lt/4 MANCE
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      Page 51 Advertisements Column 3
      749 51 EXPORT TO: JEDDAH/UK/CONTINENT STONE KD S TON H-MMG RTMM LEH *Mm Acc** Cmft fm LUDWGSHAFEN EVRESS V.ll/314 12/4 2»/4 1/J 4/S S/S WhwpN. <•«•[* MONTE IOSA 111/ US 11/4 25/4 11/5 5/5 4/5 Smfktm»l» ELK V IM/315 11/4 4/5 1/5 11/5 12/5 RiillalM M AMy». I■NfMM"f?~_ RAAAAKUtA V 22/114 23/4
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      238 52 I fcs Ik gk i L I jkm^ SMWMIi-Mffl^^B^l—cllli^tJjJXLLli!!^Bß^mM™^^'^m 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 Straits Times WEEKLY OVM»IA« EDITION Making
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      39 52 Yourson 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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      54 52 Someone dose has beeniving in Canada for some years. You've given up writing those long letters. The Straits Times Weekly teUs it better. (He might comeback after rearing all the good news.) You travel often on business and want to catch up on your return. The week's main issues are
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      5 52 Every Saturday i Business Times
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