The Business Times, 30 April 1992

Microfilm: NL18194
Total Pages: 54
1 54 The Business Times
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  • Title Section
    Masthead
    16 1 BUSINESS TIMES THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Thursday, April 30, 1992 75*
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  • NEWS SUMMARY
    • Article
      US personal income up 0.6pc in March: Commerce Dept
      80 1 WASHINGTON Personal income in the US rose 0.6 per cent in March, the second consecutive month of gains, the Commerce Department reported Wednesday. Spending was also higher last month, rising 0.3 per cent after five straight months of gains. Both figures
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    • Article
      UK property seen as banks' major pitfall
      45 1 LONDON UK clearing banks may have yet to recognise and provide for around £2 billion (555.6 billion) of property sector debts, which they will need to write off eventually, County Natwest property analysts said in a brokers' note.
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    • Article
      KL airport tax shock
      25 1 MALAYSIA'S sudden plans for a hefty increase on its airport tax. effective tomorrow, has shocked travellers and travel agents Page 2
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    • Article
      Indon cigarette move
      42 1 INDONESIA plans to reopen the country's cigarette industry to new investment in a move to help reduce oversupply of cloves, chairman ot the National Investment Coordination Board Sanyoto Sastrowardoyo was quoted as saying in a newspaper report Page 2
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    • Article
      Building contract won
      24 1 THE CONTRACT for Singapore's first design-and-build public housing project was awarded to a Kajima Overseas (Asia)/ P&T Consultants team Page 3
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    • Article
      Xiamen's new rivals
      29 1 XIAMEN, China's special economic zone, has new rivals. Hainan. Shanghai, Guangzhou and even Beijing are trotting out development zones, infrastructure plans and preferential policies Page 10
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    • Article
      US home fears
      43 1 A PLUNGE in new home sales threatens a crucial underpinning of the fledgling US recovery which, as measured by the GDP, expanded at a seasonally adjusted annual rate of 2 per cent in the JanuaryMarch period, say economists Page U
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    • Article
      Cost savings for ABC
      36 1 ABC CONTAINER LINE'S strategic redeployment of two vessels from its container fleet into the bulk shipping trade last year has resulted in cost savings of SIB million. Shipping l imes Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      38 1 WALL STREET stocks opened on a firm note yesterday, building on an advance that began late in the previous session. The Dow Jones average was up 7.60 at 3.315.52 in the first half hour of trading.
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    • Article
      Footsie higher
      30 1 LONDON share prices were higher at midday yesterday, buoyed -by stock index futures buving. At about 1115 GMT, the FTSE 100 index was up 15.9 points at 2,666.9.
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    • Article
      Astra profit down 11pc
      37 1 INDONESIA'S Astra International has finally released its results. Its 1991 net profits were down 11.5 per cent to 210 billion rupiah. Sales, however, rose 14.5 per cent to 4,933 billion rupiah. Page 4
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    • Article
      Profit from shipbuilding
      36 1 SINGAPORE Shipbuilding Engineering Ltd (SSE). a member of the Singapore Technologies group, raked in $209.4 million from the shipbuilding businesses in 1991 and made a profit of 521.1 million from it Page 4
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    • Article
      Heading for India
      30 1 FOREIGN stockbroking firms arc preparing to set up offices in India on expectations that the government would soon open the capital markets to foreign investors Page 6
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    • Article
      Sanwa to rescue bank
      34 1 SANWA BANK Ltd has bowed to requests from Japan's Ministry of Finance and the Bank of Japan that it rescue Toyo Shinkin Bank, a scandal-hit Osaka-based credit association Page 8
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    • Article, Illustration
      STOCK INDICES
      28 1 Wednesday Change BT-MGA 697.02 +3.86 Kuala Lumpur ....585.12 +1.50 Tokvo closed Hongkong -60-9 8 Sydney 1,629.8 +24.0 Tuesday Change New York 3,307.92 +3.36 London 2,651.0 -7.2
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    • Article
      CURRENCIES
      30 1 London Gold AM fix US$334.75 -US$2.10 Exchange rates us$ s$ 1.6540 100 Yen S$ 1.2408 M$ S$ 0.6538 Money market rates Overnight 3 3/8 3/8 3-month 3 1/4 1/16
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    • Article
      COMMODITIES
      30 1 Rubber S'pore May l46.00«/kg +150 bfsia May 221.00*/kg +100 KL rm Turnover 48 tonnes 22 Spot MS 14.61/kg +0.02 Cradt palm oil Turnover 1,746 Iocs -89 May MS885/tonne -13
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  • Article
    M'sian plantation giants eye investments abroad
    572 1  -  Vietnam tops list that includes China, Cambodia and Egypt By Shoeb Kagda SINGAPORE Malaysian plantation giants, squeezed by rising costs of land and labour at home, arc looking for suitable overseas investment possibilities in the newly liberalised Indochinese countries, as well as China and
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  • Article
    Singapore's non-oil exports to US recover in first quarter
    511 1  -  By Schutz Lee THE US recovered as a market for Singapore's non-oil domestic exports in the first three months of this year, reversing the trend of the final two quarters of last year. However, Singapore's other key non-oil domestic export markets
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  • Article
    Lock icon Bush clinches Republican nomination after easy victory
    278 1 Reuter AP PHILADELPHIA US President George Bush said he had clinched the Republican nomination after an easy victory on Tuesday in a Pennsylvania primary that masked the intensity building towards a three-way autumn campaign for the American presidency. He is expected to face
    Reuter; AP  -  278 words
  • Article
    A middle-age squeeze
    209 1 MANY Singapore employers suffer from the "no time, no money" syndrome. The term is coined by Koh Juan Kiat, executive director of the National Productivity Board, who says bosses are partly to blame for the dilemma some 260,000 workers eventually find themselves in possessing outdated skills but
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  • Article
    Rig-builder Fels and its US unit win case against American firm
    397 1  -  By Dexter Lee SINGAPORE Rig-builder Far East Levingston Shipbuilding (Fels) and its United States subsidiary Amfels Ine have won their court ease against Houston-based Capital Maritime Corporation (CMC). Fels said in a statement yesterday that an eight-per-son jury in
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  • Article
    Zooming in on an emerging tripolar world
    126 1 Trends 4 pwtriKiiww «f He lim.tie c* Srmfrc—l tow Vw»« THE lead story in this month's issue of TRENDS focuses on an emerging tripolar world, in which the United States, Japan and Germany are predominant. It looks at the implications such a prospect
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      Page 1 Advertisements Column 1
      245 1 Burberrys 1 f "v vv* j/ -fI&gESV Reigns when it pours X M. A X X X X X X X* x Aircraft Schedule —29 KLSE 21 Unit Trusts 20 Commodities 28 Money Changer Rates 29 Weather 29 Company News 4 7 Money Market 27 Work) News 10.11 Cryptic Crossword
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      26 1 THERE WILL BE normal publication of Business Times tomorrow, even though it is the May I holiday. The paper will be available at the usual outlets.
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      Page 1 Advertisements Column 3
      86 1 Nitsuka The most popular Key Telephone System SINGAPORE The Telecommunication Specialist Tel: 278 7086 ifte (Peal<i ofPerfection Our tradition of offering only the most exquisite dishes splendidly prepared by our dedicated Master Chefs is fufly recognised by the cognoscenti. Our speciality menus include only the finest selections from the vast
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  • PAGE 2 NEWS
    • Article
      No decision by Singapore to increase airport tax
      338 2  -  M'sia raising tax for flights to S'pore and Brunei from Mss to Ms2o from tomorrow By CK Tan SINGAPORE The Civil Aviation Authority of Singapore said yesterday it had not made any decision on raising airport taxes after hefty increases announced by
      338 words
    • Article
      Lock icon Indonesia to re-open cigarette industry
      374 2 AFP JAKARTA Indonesia plans to re-open the country's cigarette industry to new investment, including funding from abroad, in its effort to help reduce over supply of cloves, a newspaper said yesterday. The Bisnis Indonesia daily quoted the chairman of the National Investment Coordination Board (BKPM),
      AFP  -  374 words
    • Article
      Lock icon Midland Bank stands by HSBC bid
      314 2 AFP LONDON Midland Bank said yesterday that it stands by its agreement for a takeover by Hongkong and Shanghai Banking Corporation after studying the controversial, conditional counter-bid presented by Lloyds Bank on Tuesday. The Midland board of directors which met on Tuesday night noted
      AFP  -  314 words
    • Article
      Lock icon KL rejects Thai official's bid to back slowing down of Afta
      419 2 AFP KUALA LUMPUR Malaysia yesterday rejected a top Thai official's bid to rally support to slow down the creation of an Asean Free Trade Area (Afla). "There is no reason for slowing down and no slowdown process should be
      AFP  -  419 words
    • Article, Illustration
      Call to re-examine question of funding
      474 2  -  Reports by Nirmal Ghosh in KUALA LUMPUR IN THE wake of the Second Ministerial Meeting of Developing Countries on Environment and Development, which ended in Kuala Lumpur yesterday, Singapore's Environment Minister Dr Ahmad Mattar told BT that "Singapore supports the Kuala Lumpur Declaration, but
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    • Article
      Rich nations urged to increase development aid
      259 2 KUALA LUMPUR The executive director of the United Nations Environment Programme has called for an increase in Official Development Assistance of US$55 billion (5590.7 billion) a year from developed countries to the developing world. This, said Mustafa Tolba, "would have current levels of
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    • Article
      Lock icon Bank Negara's monetary policy taking effect, says KL securities firm
      248 2 Bernama KUALA LUMPUR ArabMalaysian Securities Sdn Bhd says the monetary policy put into place last year by Bank Negara to control inflation and stimulate savings has begun to show results. Its general manager, Mustafa Mohd Nor, said in response to
      Bernama  -  248 words
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      333 2 Straits Steamship Land Limited I (Incorporated in the Republic of Singapore) I Notice of Annual General Meeting I I ALL MEMBERS ARE CORDIALLY INVITED to attend the Annual General Meeting of the Company which will be held in the Straits Room, H 10 Collyer Quay #29-00, Ocean Building. Singapore 0104
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      Page 2 Advertisements Column 2
      95 2 HSBC shareholders urged to be patient, Pg 8 U5525,000,000 Negotiable Floating Rate United States Dollar Certificates of Deposit due October, 1992/94 Indian Bank (Incorporated in India Wholly Owned by Government of India) The Colombo Foreign Banking Unit of Indian Bank In accordance with the provisions of the Certificates, notice is
      95 words
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      Page 2 Advertisements Column 3
      194 2 HAI SUN HUP GROUP LTD (Incorporated in the Republic of Singapore) ANNOUNCEMENT Issue of U5539,000,000 principal amount of 2.25 per cent, bonds due 1997 together with 38,875,000 detachable warrants ("Warrants") to subscribe for 38,875,000 new ordinary shares of 550.20 each ("New Shares") In the capital of Hal Sun Hup Group
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  • SINGAPORE NEWS
    • Article
      Japanese-S'pore venture wins design-and-build deal
      459 3  -  More such tenders for HDB projects to be called this year By Lilian Ang THE government yesterday awarded the contract for its first design-and-build public housing project to a Japanese/Singaporean joint venture Kajima Overseas (Asia)/P&T Consultants and announced plans for two similar projects soon. National
      459 words
    • Article, Illustration
      DBS Land launches Corporation Place
      184 3 DBS LAND has started marketing its high-tech park. Corporation Place, at prices of between $26 and $35 per square metre. The $150-million project, at the junction of Jalan Ahmad Ibrahim and Corporation Road, has been billed as one of the largest and most well-equipped development
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    • Article
      Unionised workers enjoy more safeguards: Teng Cheong
      220 3 THE best way for workers to safeguard their interests is to join a union, says Deputy Prime Minister and labour leader Ong Teng Cheong. In his May Day message, Mr Ong, who is secretarygeneral of the National Trades Union Congress, said 75 per
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    • Article
      Call to address ethical issues of organ transplants
      189 3 SHOULD a patient get an organ transplant if the quality of his life is not going to improve significantly? Who should decide on such matters doctors, the government, or the patient himself and his family? The first international congress on transplantation in
      189 words
    • Article
      Digital's S'pore unit sheds 10pc of marketing, sales force
      379 3  -  By Joseph Rajendran AMERICAN computer manufacturer Digital Equipment Corp is cutting its Singapore sales and marketing force by 10 per cent. The local subsidiary. Digital Equipment Singapore, has said officially that about 15 staff members are involved, although sources within the
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    • NEWS ROUNDUP
      • Article
        Parcel service to Kuwait resumes May 2
        52 3 AIR PARCEL mail service to Kuwait will resume from May 2, according to a press release from Singapore Post. But insurance, surface letter and surface parcel mail services continue to remain under suspension, as the postal administration in Kuwait has not resumed these
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      • Article
        S'pore-Malaysia exercise ends
        61 3 THE MINISTRY of Defence announced yesterday that the week-long combined land exercise between the Malaysian Armed Forces and the Singapore Armed Forces has ended in Seremban, Negri Sembilan. The exercise, Semangat Bersatu 3/92, was the third in a series of combined land exercises between the two countries
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      • Article
        NUS alumni to celebrate founding
        64 3 OVER 100 alumni of NUS will come from overseas to join the expected 1.800 alumni and their spouses to celebrate the 30th anniversary of the founding of the University of Singapore on May 22 at the Raffles Ballroom, Westin Hotel. Prime Minister Goh Chok Tong
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      • Article
        Seminar on child development
        106 3 YAYASAN Mendaki will hold a seminar on May 10 at the Islamic Centre of Singapore to involve parents in the development of their children, particularly during their preschool years, to help them acquire systematic parenting skills. Minister of State for Health. Dr Aline Wong, will be
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      • Article
        Locations for SAF exercises
        42 3 THE Singapore Armed Forces will conduct military exercises in Lim Chu Kang. Hong Kah, Marsiling, Mandai, Sembawang. Tampines, Tuas, Upper Jurong, Jalan Bahar, Kranji, and Seletar from May 4 to May 9. Blanks and thunderflashes will be used.
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      61 3 Omega Constellation 11. gold/steel gents' watch with MmM/l day/date. ScratchSole Agent and Service Centre: SILVAROYAL PTE LTD. 250 North Bridge Road #1 Ml/02 Raffles C.ty Tower Singapore 0617. Tel: *****62 Under instructions from the Northern Territory Government FOR SALE^ TOG Strategically located in acclaimed Jourist The Vendor reserves the right
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Wepco names new managing director
        56 4 SINGAPORE Wepco Ltd has announced that Fong Loon Hing has been appointed as the managing director of the company from May 1 in place of Dr Ng Cheng Siong, who resigns from that post on the same date. Dr Ng will continue to remain as
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      • Article
        New stakeholders disclosed
        75 4 SINGAPORE Venture Manufacturing (Singapore) Limited has informed the Stock Exchange of Singapore that it has been notified that the Singapore Sesdaq Fund Limited and Malaysian Smaller Companies Fund (Cayman) Limited are substantial shareholders of the company with effect from April 27. The Singapore Sesdaq Fund Ltd owns
        75 words
      • Article
        SSL clarifies charge
        65 4 IN AN ARTICLE headlined "SSL to build $63m extension to Keppel Towers on acquired site" in BT on Tuesday, we quoted one source as saying that the development charge paid by the company to the government to re-zone the site for commercial use could come to between
        65 words
      • Article
        UIS declares NTA per share
        29 4 SINGAPORE United International Securities Ltd has announced that its unaudited consolidated net tangible assets backing per share as at March 31, 1992, was $1.30.
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    • Article
      Superior Metal, Tokyo firm in joint venture
      250 4 SINGAPORE Superior Metal Printing Ltd (SMP), part of the Wuthelam Group, has announced a joint venture agreement with Inoue Manufacturing Inc relating to the operation of SMP's whol-ly-owned subsidiary, Nissei Engineering Co Pte Ltd. Nissei makes and sells mixers, mills, and related equipment
      250 words
    • Article
      CMB Packaging MD to retire before end of year
      270 4  -  No announcement on successor By William Chia SINGAPORE CMB Packaging Singapore Ltd has announced that its managing director and chief executive officer, Lim Hong Keat, will retire before the end of this year. Chairman David Hiram O'Shaughnessey, in his annual review
      270 words
    • Article
      Indonesia's Astra suffers 11pc fall in earnings
      411 4  -  Delay in reporting sparked market anxiety Reports from Maggie Ford in JAKARTA ASTRA International, Indonesia's largest automotive manufacturer and its secondlargest listed company, relieved market fears yesterday, reporting 1991 net profits down 11.5 per cent to 210 billion rupiah (S$ 168 million). Sales,
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    • Article
      Indah Kiat posts flat profits despite higher sales
      253 4 JAKAKIA Indah Kiat, Indonesia's largest pulp and paper company, yesterday reported net profits of 159.9 billion rupiah (S$ 128 million) for 1991 on sales of 418.9 billion rupiah. The result was virtually the same as the previous year's net income of 158.9
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    • Article
      SSE's profit margins nearly double
      411 4  -  By Lee Han Shih SINGAPORE Profit margins at listed Singapore Shipbuilding Engineering Ltd's core activity shipbuilding almost doubled in 1991. According to SSE's 1991 annual report, released yesterday, the group raked in $209.4 million from the shipbuilding business in that year, and made a profit
      411 words
    • Article
      Golden Pharos to seek KLSE listing by 1993
      204 4 SINGAPORE The Board of Unigroup pic has decided in principle to list its subsidiary, Golden Pharos Wood Industries Sdn Bhd, on the Kuala Lumpur Stock Exchange to facilitate its development and expansion plans. A Unigroup statement, released by Antah Holdings Bhd in
      204 words
    • Article
      Joint venture to open 15 restaurants in region
      436 4  -  KL's Granite Industries ties up with US chain By Salil Tripathi SINGAPORE Dining elegantly without feeling the pinch will be possible for Singaporeans within a year, according to the operators of an US-based international restaurant chain. Malaysia's publicly-listed Granite Industries Bhd has
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    • COMPANY BRIEFS
      • Article
        Japanese firm to sell Australian developments
        86 6 SYDNEY The local arm of Japanese construction company Kumagai Gumi Co Ltd has put on the market most ot its Australian investments, which include a few ot the country's most up-to-date metropolitan developments. Under the hammer will go buildings like the Bank of America
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      • Article
        Philippine miner explains loss
        63 6 MANILA The Philippines' biggest copper producer. Atlas Consolidated Mining and Development Corp, says it made a loss in the first quarter because of low metal prices, higher costs, and reduced output. It posted a net loss ot 148.57 million pesos (Ss9.l million) in January to March,
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      • Article
        NEC and AT&T unit in tie-up
        69 6 TOKYO NEC Corp and AT&T Microelectronics, a business unit of American Telephone Telegraph, have reached a basic agreement to set up a joint venture in Tokyo to sell AT&T's semiconductor products in Japan. The new company will likely be launched in June. AT&T will
        69 words
      • Article
        Microsoft sues distributor
        70 6 REDMOND. Washington Microsoft Corp has sued one of its software distributors, alleging that the company violated its licence agreements and flooded distribution channels with unauthorised products. Microsoft announced on Monday the filing of the lawsuit in the US District Court in Los Angeles against BEC Computer Co
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    • Article
      Lock icon $165m Indon contract goes to Danish firm
      276 6 Reuter COPENHAGEN Engineering and aerospace group FLS Industries said its FL Smidth Co unit beat off competition from German and Japanese firms to win a 650 million crown (S$ 165.4 million) order from stateowned Indonesian firm PT Semen Tonasa. The order for a
      Reuter  -  276 words
    • Article, Illustration
      Foreign brokers opening offices in India
      348 6  -  Move ahead of expected opening of markets From Rajendra Bajpai in NEW DELHI SEVERAL foreign stockbroking firms are planning to set up offices in India on expectations that the government would soon open the capital markets to foreign investors. Initially, the firms will set
      348 words
    • Article
      HK toymaker moving into property and raw materials
      360 6 HONGKONG Ninja Turtle maker Harbour Ring is to diversify into property development and raw materials supply in a bid to cut back on the money it pays to suppliers. At its annual general meeting on Monday, the Hongkong-based company's chairman, Luk Chung-lam,
      360 words
    • Article
      Lock icon Hyundai ties up with Chinese firms for third-country projects
      545 6 Reuter SINGAPORE South Korea's business giant Hyundai is forming alliances with Chinese companies through joint projects in third countries to pave the way for its push into China, a top Hyundai executive said on Tuesday. "We have Chinese partners in ad-hoc
      Reuter  -  545 words
    • Article
      Lock icon Chevron profits fall 45pc in first quarter
      323 6 Reuter DALLAS Chevron Corp said on Tuesday that its earnings fell 45.4 per cent in the first quarter, with each of its operations posting lower results. Like virtually all oil giants, Chevron's earnings suffered in the quarter because of lower prices for crude
      Reuter  -  323 words
    • Article
      Lock icon Pepsico earnings rose 18pc in first quarter
      436 7 Growth fuelled by rebound in snack-food business NYT NEW YORK First-quar-ter profits at Pepsico Inc jumped 18 per cent, fuelled by a rebound in its Frito Lay snack-food business and strong results from overseas businesses. First-quarter earnings rose to U*****.5 million (*****.5 million),
      NYT  -  436 words
    • Article
      Lock icon Hoechst profits plunge 26pc but recovery predicted
      251 7 Reuter FRANKFURT Hoechst A G, the world's second largest chemicals group, has announced a 26 per cent plunge in first-quarter pre-tax profits but revised its previously gloomy outlook for this year, predicting that it will start a slow recovery soon. It was the
      Reuter  -  251 words
    • Article
      Lock icon Tenneco net income jumped to US$33m in first quarter
      276 7 FT NEW YORK Tenneco, the US conglomerate in the throes of a restructuring, on Tuesday announced a US$32 million (5552.8 million) improvement in first-quarter net income and the loss of 2,250 jobs in Europe with the closure of three plants run
      FT  -  276 words
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      333 4 Samsung. \^SSS3^^^^S^^^^^^^^S^^^^^^.mß3SßKKKKKKKtKSßil^S9KSKSK IBoods, Tcwrii itoowwbw fuuiiuiy 1 Y^ 1 1 <ypfl»tuiAyla \^'^'//',/t ittppotft, yws ttnfill 111 nil iimfiiThTiri I 111 I fimr J [my iftjPßßtf M «ai v*?™** %IB company ioinin* them. thoee who represent the developer P. T. '|j Jabebeka and the contractor Kumagai Why Indonesia? Cumi the success
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      7 4 New concept in dining out, Ffe 17
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      198 5 TheMw/Audi IDI) from Champion Motors 1 > "3 .>?• ."j J.v ;'-V 'v.,•».;?sjf£ —dvancement throug fttM The guiding p p >&?h± behind Audi's revolutionary deve- r.. lopments. the supreme example of which is the new Audi 100. T3 r\ D u Q Q If It K I v^\ Generously proportioned
      198 words
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      30 6 Business class like you never dreamed. Euro Sleeper: JIK for you can relax j^PHQgflß^^^p class sleeper seat. Available only Euro Class. Scandinavian Airlines. The expressway to Europe. S4S SCANDINAVIAN AIRLINES
      30 words
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      175 7 INSEAD MBA Programme THE BEST INTERNATIONAL MBA PROGRAMME With over 40 nationalities and no one dominant national culture, INSEAD is more international than any American business school. Top INSEAD MBA employers include McKinsey, J.P. Morgan, Citicorp, General Electric, Coca-Cola, Shell... Average starting salary after graduation in 1991 was U5565,000 18%
      175 words
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      103 7 A pooUidc retreat Shanjin l.a s Rasa Savang Resort. Pcnang Of all nature's colours, green and blue best soothe the weary spirit. 6 ShongriLas JVwt tl NANCi. MM ANSI A SHANC.kI LA'S RASA SAYANC. RES( )RT BATU LERINC.t.I BEACH 11 100 PENANt, MALAYSIA TELEX 4006S RASTEL MA EAX <«» HI
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  • FINANCIAL NEWS
    • Article
      Lock icon Sanwa Bank bows to pressure to save Toyo Shinkin
      471 8 Reuter TOKYO Japanese banks and financial authorities on Tuesday reached a deal that will keep intact a record no other industrialised country can match: since World War 11, no Japanese financial institution has gone bankrupt. Sanwa Bank Ltd bowed to requests
      Reuter  -  471 words
    • Article
      Simbl arranges fifth Indonesian loan for the year
      321 8  -  By Quak Hiang Whai SINGAPORE Schroders International Merchant Bankers Ltd (Simbl), which has been aggressively expanding its Indonesian capital market business since 1990, yesterday completed its fifth Indonesian loan facility for this year. In a syndicated loan arranged by the local merchant
      321 words
    • Article
      Lock icon Exceptional profit boosts Suez net
      248 8 Reuter PARIS Cie de Suez has explained that its 1991 net rose mainly due to higher exceptional profit, itself the result of a fall in exceptional charges, rather than a jump in asset sales. Suez documents released on Tuesday at a news conference showed that
      Reuter  -  248 words
    • Article, Illustration
      Lock icon HSBC shareholders urged to be patient with Midland bid
      402 8 Reuter HONGKONG HSBC Holdings pic chairman William Purves has called for shareholders to be patient with its agreed bid for the UK's Midland Bank pic. calling Lloyds Bank pic's possible counter-bid a "phantom" offer. "Some of my shareholders feel that this
      Reuter  -  402 words
    • Article, Illustration
      Lock icon Nippon Life joins Japanese shift to Europe
      545 8 FT TOKYO For an institution with 30,000 billion yen (***** billion) of assets, Nippon Life, Japan's largest life assurance company, has a surprisingly small presence in Europe. Last year, it lent no more than 25 billion yen through its 20-person office in London.
      FT; Source: Financial Times  -  545 words
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      1651 8 <z> Wayfoong Mortgage And Finance (Singapore) Limited I I BALANCE SHEET as a. 3h. December 1991 NOTES ON THE ACCOUNTS 31* December 1991 71 1991 1990 I I Note 1991 1990 These notes form an integral part of and should be read in conjunction Securities at com I I S$
      1,651 words
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  • THE REGION
    • Article
      Lock icon Sri Lanka's economy grew 4.8pc last year
      388 9 Reuter COLOMBO Sri Lanka's economy grew only 4.8 per cent last year, down from 6.2 per cent growth in 1990, because of poor weather conditions that affected agricultural output, the Central Bank said in its annual report released yesterday. But the bank said
      Reuter  -  388 words
    • Article
      Lock icon Central bank voices fears over foreign investment growth
      373 9 Reuter COLOMBO Sri Lanka's central bank is concerned about the growth of foreign investment, saying that it could result in foreign domination of valuable local assets. Local investors could be wiped out by what it called unfair competition, the bank said in
      Reuter  -  373 words
    • NOTE BOOK
      • Article
        Masterplan for Sarawak's tourism
        95 9 KUCHING Sarawak plans to draw up a Tourism Masterplan to synchronise orderly development of the tourism sector in the state up to the year 2005, State Environment and Tourism Minister Datuk Amar James Wong said yesterday. A New Zealand-based Tourism Resource Consultant had been engaged to
        95 words
      • Article
        HK wants more foreign workers
        86 9 HONGKONG Hongkong will raise its quota of imported workers by 12,000 to 25,000 despite opposition from legislators and labour unions, the government said in a statement. It quoted a spokesman for the Education and Manpower Branch as saying workers at the technician, craftsman, supervisor and
        86 words
      • Article
        Indon workers set up union
        73 9 JAKARTA Indonesian workers have set up a second independent trade union to try to improve their lot in a country which pays some of the world's lowest wages. The union was formed last weekend after a meeting of more than 100 labour activists. The first
        73 words
      • Article
        Manila sets up anti-coup force
        58 9 MANILA The Philippines, seething with eoup rumours as elections approach, has set up an elite unit to counter attacks by rebel forces, the military said yesterday. Armed forces chief General Lisandro Abadia inducted members ol the 138-man force on Tuesday at the Sangley Point air
        58 words
    • Article, Illustration
      Lock icon Opponents sceptical of Myanmar's pledges
      459 9 Ruling junta has yet to act on promises made under new leader Reuter BANGKOK Myanmar's military junta has unveiled surprise after surprise since changing its leader last week but opponents question the sincerity of its apparent shift from hardline policies. The State Law and Order
      Reuter  -  459 words
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      141 9 THE NEW, IMPROVED MITSUBISHI SPACEWA6ON. WE IMPROVED NOTHING. e "in I i.. A "Ma I e I e I 'a space, as you well know, is nothing. What you put into it. and around it. is everything. Which is why our new Mitsubishi Spacewagon transports up to 7 people (plus
      141 words
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  • THE REGION/THE WORLD
    • WORLD WATCH
      • Article
        S-E Asia now Seoul's biggest export market
        79 10 SEOUL South-east Asia emerged as South Korea's largest export market in March, trading places with the United States. The Bank of Korea said yesterday that exports to South-east Asia were US$l.46 billion (552.41 billion) on an international payments basis last month, while US-bound
        79 words
      • Article
        EC jobless rate at 9.2 pc
        61 10 LUXEMBOURG The seasonally adjusted unemployment rate in the European Community was 9.2 per cent in February, unchanged from the previous month, the EC statistics office Eurostat said on Tuesday. It said that unemployment had been steady in the EC at between 8.2 per cent
        61 words
      • Article
        Bosses see upturn in UK
        88 10 LONDON The British economy should see an upturn soon, according to the Confederation of British Industry, which predicted on Tuesday that industrial production would increase over the next four months. Manufacturing is about to follow in the wake of recent retail sales and distribution increases,
        88 words
      • Article
        Italy's president bows out
        63 10 ROME Italy's outspoken president, Francesco Cossiga. bowed out of office on Thursday, plunging the country into its worst constitutional crisis since the end of World War 11. Mr Cossiga, who announced his resignation last Saturday as a final protest against the political system he had vainly
        63 words
      • Article
        Bankers worry about Poland
        107 10 LONDON The prospect of further political uncertainty in Poland has caused concern to bankers keen to restart discussions on restructuring the country's US$ll.5 billion (S$ 18.98 billion) of commercial debt. "It's quite worrying really," said one senior banker. "But I'm still convinced in my own mind
        107 words
      • Article
        S Africa's ANC woos investors
        61 10 JOHANNESBURG Nelson Mandela's African National Congress (ANC) announced on Tuesday guidelines for future economic policy which envisaged a dynamic private sector and measures to promote foreign investment. It reaffirmed, a need for what it called systematic redistribution of income and infrastructure in favour of the
        61 words
    • Article, Illustration
      Lock icon Xiamen fears investment rivals
      433 10 Pioneering special economic zone seen losing edge Reuter XIAMEN Officials in Xiamen, China's special economic zone facing Taiwan, are getting worried. Their adversaries are strong and the fight looks tough. This time, however, it is not the offshore Taiwan garrisons just a mortar shot away that
      Reuter  -  433 words
    • Article
      FEER staff riled by pullout of outgoing editor's article
      634 10  -  HONGKONG llflMflfiiliili From Catherine Ong in HONGKONG DOW JONES Co, the US publisher which holds itself up as a champion of free speech, censored an article by the outgoing editor of the Far Eastern Economic Review (FEER) in a move which
      634 words
    • Article
      Lock icon China set to become world toy-making centre: report
      238 10 AFP HONGKONG China is set to overtake Hongkong, Taiwan and South Korea to become the world's toy manufacturing centre, a trade magazine reported yesterday. The Gifts and Home Products magazine, citing Chinese government statistics, said toy exports in the first half of
      AFP  -  238 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      749 10 ROYAL BANK OF CANADA I vHyur J FINANCIAL STEATEMENTS FOR THE FISCAL YEAR I ENDED OCTOBER 31, 1991 of Assets and liabilities Consolidated Statement of income I (in thousands of Canadian dollars) thousands of Canadlan do a,s I Year Ended Year Knded I October 31, October 31. October 31, 1991
      749 words
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      Page 10 Advertisements Column 2
      86 10 ,»i\rnm- F' r fe' vH\A ILM^SH L f< <*PKBv\ N^H^flUlß —^"™"^BBF I jHHB^fIR 1 I ■k ps/ 1 r< i 1 PA I^^H I SB9B '^B sttt.i. a classic Today As It Was In 1851 ~~aL 0^ WVrrow^ MOST FAMOUS SHIRT IN THE WORLD Available at all leading deparUneat (lore*
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  • THE WORLD
    • Article, Illustration
      Lock icon Fears over fall in US home sales
      473 11 Economists see plunge as threat to recovery AP WASHINGTON The US economy clearly left the recession behind in the first three months of this year, but a plunge in new home sales threatens a crucial underpinning of the fledgling recovery. The US economy,
      AP; Source: Datastream  -  473 words
    • Article
      Lock icon India expects reforms to boost trade
      281 11 Reuter NEW DELHI India's landmark economic reforms will push the country's trade balance, long awash in red ink, into a surplus within five years, say officials and economists. India was forecast to record its first trade surplus in decades by the end of its
      Reuter  -  281 words
    • Article
      US warns Russia about rocket technology sale to India
      474 11  -  From John Helmer in MOSCOW THE US has warned Russia that if it proceeds with a US$2OO million (Ss33o million) sale of rocket technology to India, the Bush administration will consider imposing economic sanctions. The threat was made late last week
      474 words
    • Article
      Lock icon IMF urged to drop standard approach in helping CIS
      364 11 IHT WASHINGTON Now that Russia and the other republics of the former Soviet Union have taken the fateful step of agreeing to enter the International Monetary Fund and the World Bank, one crucial question remains: Is there a better way than
      IHT  -  364 words
    • Article, Illustration
      Lock icon German Justice Minister gets Genscher's job in dramatic vote
      235 11 Reuter BONN German Justice Minister Klaus Kinkel will become Foreign Minister next month, succeeding HansDietrich Genscher. The 55-year-old lawyer was chosen by MPs of the liberal Free Democratic Party (FDP) in a dramatic vote on Tuesday in which they rejected the
      Reuter  -  235 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      223 11 (§jj {~Q Hotel Melia-Scotts tyClffi i&Ztxt Ito 31 May. For the true taste rn. ,ru. ,as„ of spa,n of Spain, come to Goya and enjoy 28 types of our delicious paellas such as Valenciana, Marinera, and Flamenco, all specially prepared by our very own Spanish Chef, Maestro Pepe. jiyS k
      223 words
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      Page 11 Advertisements Column 2
      9 11 Capitalism triumphs over communism, but what's next? PR 13
      9 words
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      Page 11 Advertisements Column 3
      1628 11 I B I Keppel Corporation Limited I (Incorporated in the Republc of Singapore) I Notice of Annual General Meeting I I NOTICE IS HEREBY GIVEN that the 24th Annual General Meeting of the Company will be held at the Company's H registered office Keppel Corporation Limited. Board Room, 325 Telok
      1,628 words
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  • Article
    A win-win situation
    482 12 EDITORIAL THE development of Johor's Sultan Ismail Airport and Batam's Hang Nadim Airport into full-scale international airports should not come as a surprise. That Singapore's Changi Airport should remain the only entry point for international flights in the flourishing Growth Triangle is an unrealistic expectation. It is
    482 words
  • WHAT THE OTHERS SAY
    • Article
      Think macro
      206 12 IT IS NOT KNOWN how widely the feelings of the new Thai Commerce Minister, Mr Anuwat Wattanapongsiri, on Asean cooperation are shared by his Cabinet colleagues. It would be disturbing if those feelings were infectious. The minister reportedly wants to slow down the pace of the Asean Free
      206 words
    • Article
      A surprising change
      107 12 MYANMAR's military junta has begun to free its political prisoners and accepted a UN proposal to allow the return of its Rohingya refugees. The change in attitude has taken the world community by surprise and it is believed to have been triggered by the replacement of the
      107 words
    • Article
      What Vietnam needs
      174 12 PERHAPS Vietnam's leaders may think the country could learn from Singapore's successful development model. But, as the conditions and backgrounds of the two countries are different, Vietnam should develop a political and economic reform model of its own based on its needs. The Vietnamese leadership should understand
      174 words
  • REGIONAL VIEWPOINTS
    • Article
      Playing with fire
      164 12 THAT diminishing band of people on Capitol Hill who support the renewal of China's Most Favoured Nation status will find their task all the harder with the admission by Beijing yesterday that it has been selling arms to Libya. China has been caught in an embarrassing position
      164 words
    • Article
      In the hot seat
      177 12 THE Suchinda administration is obviously planning to engage the Opposition only inside Parliament, where it is counting on its legislative majority to keep the sailing smooth, while completely ignoring protests and challenges by critics outside the halls of government. The first major challenge to this ignoble
      177 words
    • Article
      More North-South harmony
      154 12 THE opening speech by Datuk Sen Dr Mahathir Mohamad at the conference of developing countries on environment and development directly addressed all the issues in contention. While his solutions to some problems may not appeal to both North and South, they should effectively bridge the gap. Some
      154 words
  • Article, Illustration
    An unwillingness to fight fire with fire
    1001 12  -  From Hongkong, Jackie Sam reports that the colony will have to learn to live with increasing violence for a while because 0f... Jackie Sam The writer is a Hongkong-based political consultant Everyday Hongkong life may yet rival anything Hollywood can put up by
    1,001 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      136 12 k W W 'IH M i Mff t*C > ajn^x^RM V IP^RK Scalpel...scissors.„sutires.„ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on Essential information accessible every business day your money. through
      136 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      52 12 DOONESBURY by garry trudeau OKAY, UJHO KNOWS HAVE A I DAY, DURING H YEAH. WELL, I'D LIKE TO SEE A GiRVS THE ANSWER LI PARENTS' I TOUR SHIFT. Q FOR IWSEIF. lUANTTOMAKB EDUCATION 7 JASON* ANDREW' B OPEN I DOHT WORRY, SURB OUR DAUGHTER ISN'T6£T- 0 JONATHAN? VN6 A &RVS
      52 words
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  • ANALYSIS
    • Article
      Lock icon Capitalism triumphs over communism, but what's next?
      809 13  -  Rich Miller Reuter THE United States and its capitalist allies won the ideological war with communism this week, but the loss of a common enemy spotlighted splits in their ranks on economic goals. At an historic meeting that ended on Tuesday, Russia was
      Reuter  -  809 words
    • Article, Illustration
      Rebirth of the Viet press
      737 13  -  South Vietnam's newspaper industry, given the kiss of death when the communists took over in 1975, is flourishing again. Harish Mehta, who was in Ho Chi Minh City recently, reports Harish Mehta SAIGON's pro-America brigade of editors and reporters who fled to the US, or
      737 words
    • Article
      Lock icon Counting Iran's new arms is the easy part
      618 13  -  Elaine Sciolino gathers assessments of Iran's recent efforts to rearm itself Elaine Sciolino NYT IRAN is rearming, but what does that mean? Does it signal a relentless quest by Iran to regain pre-eminence in the Persian Gulf, and thus to impose its
      NYT  -  618 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      65 13 260 TANJONG PAGAR ROAD Office space Now for lease 726 29,000 sq ft High quality finishes in lift lobbies and offices 24-hour security Close to Tanjong Pagar MRT, AYE, ECP and port. t IU I —wiiHm, II U IIUIIIMIII ©Contact Managing ft Sole Marketing Agent: OCBC OCBC Property Services Private
      65 words
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      Page 13 Advertisements Column 2
      50 13 r =J Jump the queue to Kuala Lumpur. hassle-free flights to Kuala Lumpur on Wednesday, 'jQHH comfortable seats aboard our spacious 7478'5. WW ,/^^H book too far in advance. And you'll be pleasantly Forbookingsindcnquiri«,plcasecallQantaion737 3744. Or your travel agent U o o iF U R T H E R ZZljl
      50 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      787 14 BifcmSgl Bud. ftfflnfll where to wine, dine i^— or Get Nostalgic with the L m ||WM JKjr The Sunbirds are now hitting the right notes with familiar favourites and catchy classics by Cliff Richard, Neil Sedaka, the Everly Brothers or The Beatles, nightly from 9.30 pm except Sundays. Happy Hour:
      787 words
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      Page 14 Advertisements Column 2
      344 14 Local Tea Time delights at Chatterbox "TJy ever y £riday, Saturday and Sunday 3 pm to 5.30 pm. $14.50++ per person $6.50+ per child-(below 10 yra) Mezaarw* Sumptuous Continental Afternoon Tea I "f? spread at Mezzanine Lounge. Daily. I 3 pm to 6 pm. I $16.00+ per person I $10.00+
      344 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      488 14 TELEVISION AND RADIO ~3s? :H r--r: ■"> rorcisn anairs 9.3o^k*»•*rit.-.- 7.00 O 7.00 CNN(L) Stormy Weather (Stereo. Part 7.30 Captain N, the Game Master 7.05 am, 1.30pm, 5.05pi»1, I.OSam: 8.00 Tap Cap*. More stories from 2). (Cartoon). World Business Report the files of the police squad. 10.30 Thursday Feature Special
      488 words
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  • LIFESTYLE 1
    • Article, Illustration
      Did Lee do the thing right?
      954 15  -  Singapore Film Festival Two of renowned black director Spike Lee's films, Do The Right Thing and Jungle Fever will be screened here. Susan Tsang wonders if they should have won any awards Susan Tsang LAST year's film festival gave us Spike Lee's Mo' Belter
      954 words
    • Article
      Slow plot but all's well in the end
      553 15  -  There's sadness and humour in How to Survive a Broken Heart, says Simone Vaz Simone Vaz ~Y ~T OW to Survive a m m Broken Heart isn't a M, .X "like it or hate it" type of film. You will leave the
      553 words
    • Article, Illustration
      Lock icon Prolific French master composer dies in his sleep
      677 16  -  Allan Kozinn on Olivier Messiaen, a composer known for his mystic spiritualism Allan Kozinn NYT OLIVIER MESSIAEN, one of the most important and influential French composers of the 20th century, died in his sleep on Monday evening at the Beaujon Hospital in
      NYT  -  677 words
    • Article, Illustration
      Lock icon Master of the macabre, high priest of horror
      472 16  -  Michael Kimmelman on the late artist, Francis Bacon Michael Kimmelman NYT Francis bacon, the Irish-bom painter whose abstract images of psychological and physical brutality made him one of the most exalted, and most disliked, artists of the post-, war era. died on
      NYT; Source: (1976 file picture)  -  472 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      155 15 AND ENTERTAIN A buffet of perennial favourites with a different selection everyday Monday Western Favourites Tuesday Chinese Delights Wednesday Malay Temptations Thursday Asian Seafood Friday Italian Raptures Saturday International Served daily from 12 noon to 2.30 pm at $19.50+ per person. An a la carte menu is also available. For
      155 words
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      Page 15 Advertisements Column 2
      387 15 hen you see this sign you can expect the best because only restaurants which meet the highest standards of beef cuisine receive it. YCH' WILL SEE THE SIGN AT THE FOLLOWING RESTAURANTS: JACK S PLACE STEAK HOUSES (733-1211) THE COMPASS ROSE THE TEA ROOM (WESTIN HOTELS 338-8585) HIUERTUS GRILL frCAFE
      387 words
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  • SPORTS
    • SIDE LINES
      • Article
        Zambian boxer Tapisha fails to oust Pyatt
        136 16 WOLVERHAMPTON Zambian light-middleweight James Tapisha failed dismally in his bid to end Chris Pyatt's reign as Commonwealth champion here on Tuesday night. Looking totally out of his depth, Tapisha was knocked down three times by the Briton before referee Mickey Vann came to
        136 words
      • Article
        Gascoigne finishes entire game
        74 16 LONDON England mid-fielder Paul Gascoigne on Tuesday played and finished his first full game in almost 12 months. Although the game was only part of Tottenham's regular training, it was an encouraging sign for Gascoigne, bound for Italian side Lazio next season, if he can prove
        74 words
      • Article
        Botha places his bets for rugby
        65 16 CAPE TOWN South African Foreign Minister Pik Botha will be hoping to make it two-in-a-row against Australian ambassador Colin McDonald when their country s rugby teams clash on August 22. Botha accepted a bet of a case of wine on the rugby result, when
        65 words
      • Article
        Lithuania triumphant
        56 16 BELFAST Lithuania's players danced with delight here on Tuesday night, after stunning Northern Ireland by grabbing a 2-2 draw in a World Cup Group Three qualifier. They had been expected to suffer a big defeat, after losing both their matches since returning to the international scene following an
        56 words
      • Article
        Wimbledon prize money increased
        63 16 LONDON Prize money for this year's Wimbledon championships has been increased by 10 per cent to a total prize pool of £4.4 million (S$ 12.32 million), the All England club announced on Tuesday. The winner of the men's singles will pick up £265,000, while the women's
        63 words
    • Article, Illustration
      Lock icon Conner and Cayard even score against opponents
      527 16 America's Cup Reuter SAN DIEGO Underdogs Dennis Conner, at the helm of Stars and Stripes, and Paul Cayard. skipper of II \toro di Venezia. evened up the America's Cup finals with decisive victories on Tuesday. The best-of-13 defender finals was reduced to best-of-five,
      Reuter  -  527 words
    • Article
      Lock icon Borg suffers worst thrashing so far in comeback bid
      253 16 AP MUNICH Bjorn Borg suffered his worst defeat on the comeback trail on Tuesday, losing 1-6, 0-6 to Goran Prpic of Croatia in the ATP men's tennis tournament. Prpic thrashed the former Swedish tennis great in just 47 minutes in the
      AP  -  253 words
    • Article
      Lock icon Sampras and Connors move ahead in AT&T Challenge
      459 16 Reuter ATLANTA, Georgia Top seed Pete Sampras struggled to hold his serve but survived to win his first-round match in the U*****,000 (*****,000) AT&T Challenge tennis tournament on Tuesday. Sampras, who attained the world No. 3 ranking on Monday, suffered three breaks
      Reuter  -  459 words
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  • ADVERTISING & MARKETING
    • Article
      Scottish whisky brewer looking to Asia-Pacific market
      375 17  -  McCallan-Glenlivet believes East Asia has tremendous potential, reports Hong Lee Tiam Hong Lee Tiam ONE of Scotland's oldest whisky distillers plans to mo\e into the Asia-Pacific region. MeCallan-Cilenlivet pic. which brews single-malt whisky as opposed to the usual blended variety told Business Times
      375 words
    • Article, Illustration
      TGI Friday's introducing new concept in dining out
      600 17  -  Salil Tripathi on the appeal of the US chain of bistro restaurants Salil Tripathi Tunku kamil Ikram says he has an overarching goal: to tower above the golden arches. The general manager for special projects at Granite Industries Bhd has set his
      600 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      1253 17 A Seminar On Future Lifestyles and Consumption Patterns In Singapore May 9, 1992. 8.30 am 2.30pm. Hon Sui Sen Auditorium, NUS. The first-ever lifestyle study of trends in consumer attitudes, preferences and expectations. Presented by Assoc. Prof. Kau Ah Keng, Assoc. Prof. Yeong Wee Yong and Dr. Daleen Richmond. The
      1,253 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Bargain-hunting leads to strong finish for market
      3339 18  -  By Lilian Ang SHARE PRICES edged broadly higher for the third day running this week, as heavyweight index-linked stoeks continued to find favour with investors. The benehmark Straits Times Industrials Index rose 10.32 points yesterday to elose at 1.436.96. against Tuesdays 1,426.64 points.
      3,339 words
    • Article, Illustration
      Lock icon HOT STOCK
      75 18  -  By Chew Eng Han Comment THE DECLINE since the peak in March has been sharp and does not augur well for the long-term outlook. But with daily and weekly stochastics close to zero, there is a chance that support at $1.70 will hold, followed by a rebound to
      Source: Bridge Info  -  75 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2962 19 UBS Foreign 1350 30 2.3% OCBC Foreign 1210 30 +2.5% SI A Foreign 1790 +30 +1.7% Inchcape 545 +20 +3.8% SPH Foreign 1320 +20 M 5% FEIS50" 530 15 2.9% UOB Foreign 720 +15 +2.1% FElSWt 190 tn »-6.l% CMB Packaging 600+10 +1.7% GE Life
    2,962 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      142 19 SKnel YOUR KEY TO BETTEREUSINESS DECISIONS! Shine is Singapore Press I foldings' inforich database financial statements highlights, graphs, latest results team: T. S. Liu on 740 1035, Hazel Ong on 740 1771 on Teleview, which incidentally is the most advanced and company news. orTonyChia |j videotex! system in the world.
      142 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    2750 20 leader Li 5*0 +25 4.5% UNlCorpn 285 +11 +4.0% Alcorn 183 10 +5.8% Gcntmgs 50« 785 HO +1.3% Magnum Corp 50* 384 10 2.7% PMRI 50« 188 5 *2.7% Shell 470 4 *0.9% L'niphoenix 112 +4 *-3.7% longkah Hldgs 90' f3Vi +4.0% MTC 78* 263
    2,750 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      56 20 BULLY What is this creature called the road bully? How should we handle him? You called. You'll have your say. ncmHta Plus: Two victims tell of their nightmare. IfSfiaH Colleagues rally to speak of the latest lU)L£fl victim, who was abused, threatened NEW, and whose arm was broken, despite his
      56 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market quiet with interest focused on selected stocks
      5257 21 Bernama SHARE PRICES ended mixed yesterday in light buying support with interest to a good extent centred on situational counters but dealers said investors were not entering the market in a big way. In light trading, the K.LSE Composite Index rose 1.50
      Bernama  -  5,257 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      INTERIM RESULTS
      341 22 Figures in brackets are for the previous corresponding period L Loss. TE: Tai Exempted. H: Net. NT A: Not Yet Available (a): Adiusted for scrip issues, (b): In million Dutch Florins, (c): Profit after tax. (d): In million HKJ Company s profit. (I): in million yen (g): Proht
      341 words
    • Article
      AUDITED RESULTS
      334 22 Company Date Year Group Ntt Net earnings Cross ann to profit/loss (L) per share dividend ('000) (cents) City Dew Apr 28 Dec 91 $51.306($*****) 10 1(87) 15(15) FELS Apr 27 Dec 91 $*****(532.551) 256(23 1) 12(12) Jurong Ship Apr 27 Dec 91 $62 744($50 412) 57(50 4 35(30)
      334 words
    • Article
      APPROVED ISSUES
      224 22 Company Rights Issue Company Others Bolton Issue of $90 9 /8m nominal amount of 35% Redeemable Unsecured Guaranteed Bonds 1992/97 with 45 489m detachable TSRs on the basis of $2 nominal amount of Bonds for every three existing shares held Ex-date Apr 15 Books close Apr 30 Acceptance
      224 words
    • Article
      DIVIDENDS ANNOUNCED
      1721 22 Current Ex Beelis Date Total tor Tttel tm payment date dose payable the year last year Acma 51 ton 5 kin 18 lul 2 12 2% 101TE Amtek Eng 50c 61TE(I) Apr 15 Apr 21 Apr 30 61TE 121TE Awno 20c 12 51TE Mar 3 Mar 13 May
      1,721 words
    • Article
      PRELIMINARY RESULTS
      477 22 Company Data Yaar Group pr«-tox Mtt Mf«ii»fs 6r®»» ann to praflt/losf (L) star# dhridtml (•000) (c«ito) Low Keng Huat Apr 28 Jan 92 $9,429(511.148) 5.5(6 5) -(-> Wharf Hldgs Apr 24 Dec 91 $1,408 9dn($1.703 2d) 63(75.1) 56.5(49) B Raya Apr 22 Dec 91 M$18.193($17.425) 4 5(4 7)
      477 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      364 22 In local curr In SS In LSS S dy S >t S d> S yr dy yT \pr 28 Index chgc chge chge chge chge chge World 389.3 0.2 -4.6 0.1 -6.4 0.0 -8.3 $E\FE 468.9 0.1 -6.6 0.1-10.4 0.0 -12.3 Europe 446.0 -0.4 8.4
      364 words
  • Article, Illustration
    Lock icon CHARTING SERVICE
    610 22 Moving Averages: A moving average curve shows at any one time the mean of the prices over a specified time frame. A five-day moving average, for instance, is the average of the last five days' prices. Moving averages (MA) are normally plotted with the prices, and serve as
    CHARTS BY BRIDGE  -  610 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Shares continue fall in thin trading on coup rumours
      2247 23 Reuter UPI SHARE PRICES eased further in a quiet market yesterday as investors were still worried by political uncertainties, brokers said. The SET Index ended off 11.21 points, for the fourth consecutive day, at 756.90 on a turnover of 3.33 billion
      Reuter; UPI; Source: Bridge Info  -  2,247 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Strong foreign interest sends stocks higher
      1227 23 Reuter STOCKS closed higher in active trade yesterday, brokers said. They said there was strong buying interest from foreign investors, pushing up turnover to 7.84 million shares from Tuesday's 6.84 million. The index rose 1.79 points to 276.73. Indorayon closed 50 rupiah higher at
      Reuter; Source: Bridge Info  -  1,227 words
  • Page 23 Advertisements
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  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Eight-day market rally fizzles out
      2600 24 Reuter SHARES finally broke off an eight-day rally and ended sharply lower after a day of roller-coaster trade in diminished turnover yesterday. The blue-chip Hang Seng Index lost 60.98 points, or 1.12 per cent, to 5,362.41 in spite of a mid-session bounce on bargain-hunting that
      Reuter  -  2,600 words
  • Article
    TOKYO STOCK EXCHANGE
    2091 24 Vol Apr 28 Yen High Low (DO) PE Ajinomoto .1280 +70 1290 1230 8070 68 Akai Electric 492 -8 500 491 660 25 All Nippon Airways 1030 unch 1050 1030 6190 128 Amada 1120 -20 1150 1120 9420 17 Asahi Breweries 1090 -10 1120 1080 1130 145
    2,091 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      25 24 The Tokyo stock market was closed yesterday for a public holiday. The prices below are Tuesday's closing prices. Innovation Technology in Business Times on Tuesday
      25 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Better-than-expected CPI figure fuels stocks' surge
      2102 25 UPI PRICES leapt across the boards on the Sydney Stock Exchange yesterday on the back of a much better than expected inflation figure, brokers said. The market had been expecting a rise in the CPI of between 0.3 and 0.6 per cent for the
      UPI; Source: Bridge Info  -  2,102 words
  • REGIONAL STOCK MARKETS
    • Seoul stocks end higher on bargain-hunting
      • Article
        INDICES & TURNOVER
        52 25 INDICES TURNOVER Clow Xpr 29 Pwlots NEW ZEALAND NZSE-40 Capital 1.435.76 1.447.15 -11.39 MANILA Composite Index Turnover (million pesos) 1.228.24 333.47 1.***** +16.76 190.29 143.18 TAIPEI Weighted Price Index Turnover (NTS billion) 4.513.19 21.45 4.***** 24.3 -10.76 -2.85 SEOUL Composite Stock Index Turnover (billion won) 612.72 387.28 597 24 394.80
        52 words
      • Article
        SEOUL
        829 25 AGGRESSIVE bargaining-hunting and a technical rebound, helped along by rumours anticipating some good news about North-South relations, combined to push stocks sharply higher in heavy trading yesterday, brokers said. Brokers were divided about the cause and effect of the rumours. Some said the rumours were mainly used as an
        829 words
      • Article
        TAIPEI
        490 25 STOCKS reversed early gains to close slightly lower after investors scrambled to take profits in late trading yesterday, brokers said. The Weighted Index, which hit an intra-dav high of 4,557, ended 10.76 points down at 4,513.19. Turnover fell to NT521.45 billion from Tuesday's NT524.3 billion. Fears that the US
        490 words
      • Article
        MANILA
        519 25 SHARE PRICES closed stronger in active trading yesterday as investors appear to have brushed aside election worries with less than two weeks to go before the May 11 polls. The Manila Stock Exchange Composite Index rose 16.76 points to close at 1,228.24. The Makati Index ended 23.22 points higher
        519 words
      • Article
        NEW ZEALAND
        263 25 SHARES ended lower yesterday, particularly the top-tier issues, after being slightly overbought last week, brokers said. The NZSE-40 Capital Index was down 11.39 points at 1.435.76 on a turnover worth about NZ$2l million. "It probably got a touch overbought and we saw signs last week that the leaders
        263 words
      • Article
        BOMBAY
        126 25 SHARE PRICES crashed on speculative selling on Tuesday as trading resumed after a week-long boycott, brokers said. The BSE Index plummeted 570.42 points, or 12.77 per cent, to 3,896.90. The National Index fell 109.95. or 5.85 per cent, to 1,769.89. Brokers said the market was unnerved by high call
        126 words
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  • WORLD STOCK MARKETS
    • US stocks end mixed in choppy trading
      • Article, Illustration
        NEW YORK
        1349 26 STOCKS closed mixed in active but choppy trading on Tuesday as a batch of conflicting news left investors uncertain about the country's economic recovery. The Dow Jones Industrial Average, which lost 19.9 points on Monday, crept up 3.36 to 3,307.92. The Dow had been in negative territory most
        1,349 words
      • Article, Illustration
        LONDON
        997 26 SHARES closed weaker as a bout of profit-taking halted the market's recent rally attempts on Tuesday. The FTSE 100 closed 7.2 points lower at 2,651.0. having been in negative ground for much of the session. However, the index closed comfortably above the day's worst levels at mid-morning, when it
        997 words
      • Article
        INDICES & TURNOVER
        81 26 INDICES TURNOVER NEW YORK (lose PwioiK Apr 28 Dow Jones SAP 500 Turnover (million) 3.307.92 409.11 189.22 3.304 56 408 45 i 7 :9 3.36 -♦-0.66 +16.32 LONDON Finaneial Times AO FTSE 100 Turnover (million) 2.061.2 2.651.0 605 I 2.073.7 2.658 514 4 -12.5 -7.2 90.7 FRANKFURT DAX Index 1.735.94
        81 words
      • Article
        FRANKFURT
        178 26 SHARE PRICES were down further on Tuesday, depressed by the continuing public sector strikes in Germany. The DAX spot index ended the day 6.28 points down at 1.735.94. while the Commerzbank index lost 6.10 points to 1.990.00. Pharmaceuticals producer Hoechst, which announced a half-year profit fall, lost five marks.
        178 words
      • Article
        AMSTERDAM
        161 26 SHARES were tugged ahead overall by concentrated stock-picking in a session of moderate volume. The broad board displayed a mixed picture, dealers said. The EOE Index ended 1.11 ahead at 313.39 with winners mainly top blue chip stocks and "recovery plays" outnumbering losers, typically some recent strong gainers. As
        161 words
      • Article
        PARIS
        211 26 INVESTORS fleeing German shares flocked to the Paris market, driving the bourse's main index to its highest close since July 1990. The CAC-40 blue-chip index ended up 10.90 points, or 0.55 per cent, to 2,006.62. It was the loftiest close since July 20, 1990, when the gauge finished at
        211 words
      • Article
        STOCKHOLM
        142 26 SHARES of arms group Nobel Industrier closed lower on a generally weaker Stockholm bourse influenced by public sector strikes in Germany, dealers said. The general index closed 0.59 per cent down at 968.23 and the top-l$ index lost 1.05 per cent on moderate turnover of 384 million kronor. Nobel
        142 words
      • Article
        MILAN
        236 26 AN OPENING RALLY ran out of steam at mid-session and Italian shares closed lower in light volume after prof-it-taking hit several blue chips, brokers said. At the end of floor trading, the MIB Index dipped one point, or 0.10 per cent, to 1.001. "The political uncertainty is dominating the
        236 words
      • Article
        ZURICH
        310 26 BLUE CHIPS lost almost one per cent in moderately active trade, dealers said. Prices edged lower for most of the session as a lack of foreign orders prompted light selling by domestic investors. Wall Street's weak opening took the SMI blue chip index another few points lower. Last week's
        310 words
      • Article
        TORONTO
        266 26 BANK SHARES led a late rally in blue chips, lifting the TSE 300 to session highs, dealers said. The broad market closed slightly weaker, with merchandise ing, gold and consumer products shares ending slightly lower. :i Trade was slow, however, due fd investor caution ahead of the Ontario provincial
        266 words
      • Article
        Untitled
        389 26 Other markets in Europe, South Africa and Canada Johannesburg Apr 28 Rand J INDUSTRIALS A Alpha 4160 10 AECI WO AMIC 7750 unch Abercom 125 Amaprop 700 unch j BAZ 1300 Barlows 5500 25 Basil Strk 10 unch Blvvoor 500 40 CG Smith ***** unch-i Cnagalo 2550 unch Curfin 685
        389 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      32 26 The market reports for Brussels ami Johannesburg were not available. •J Don't miss Personal *4 Finance Investment I in Business; Times every Saturday I I Enterprise Management in Business Times every Monday
      32 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar sees dull trading in London ahead of long weekend
      1194 27 REPORTS US DOLLAR TRADING was quiet in London yesterday morning in the absence of major new economic indicators and a long weekend coming up in Europe. The Tokyo market's closure yesterday had already dampened it down, after a Tuesday
      1,194 words
    • Article
      Lock icon US junk bond issues may hit US$10b
      368 27 Reuter NEW YORK New junk bond issuance could top US$lO billion (SS 16.5 billion) in the next two months despite the potential for temporary price setbacks from softness in the US Treasury and stock markets, analysts said. The new issuance will maintain the
      Reuter  -  368 words
    • Article
      FINANCIAL FUTURES
      1366 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Act/Vol Op/lnt Jun 92 95.87 95.88 95.86 95.88 3030 4234 ***** Sep 92 95.51 95.53 95.51 95.52 5005 6103 ***** Dec 92 94 81 9481 94 80 94.80 1815 6614 ***** Mar 93 94.56 94 56 94.54 94.55 705 728
      1,366 words
    • Article
      INTERBANK FOREX RATES
      378 27 Cross rates Apr 29 USI S$ MS Dm Yen SFr A$ NZJ USS 1.6550 2.5350 1.6570 133.40 0.5637 1.5200 1.3201 1.8536 SS 0.6042 1.5317 1.0012 80.6042 0.3406 0.9184 0.7977 1.1200 MS 0.3945 0.65 0.6536 52.6233 0.2224 0.5996 0.5208 0.7312 Dm 0.6035 0.9988 1.5299 80.51 0.3402 0.9173 0.7967
      378 words
    • Article
      MONEY MARKET
      536 27 Interbank rates S$ Bid Offer Overnight 3 3/8 3 1/2 1-month 3 1/4 3 3/8 2-month 3 1/4 3 3/8 3-month 3 1/4 3 3/8 Overnight mode: 3-3/16 USS Bid Offer 7 days 3 15/16 4 1/16 1 month 3 15/16 4 1/16 2 months 3 15/16 4
      536 words
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  • COMMODITIES
    • Article
      Lock icon Forced sales send coffee, cocoa prices plunging
      325 28 Reuter LONDON World coffee and cocoa prices on Tuesday hit the lowest levels since the early 1970s as struggling producers made forced sales to raise cash to pay off mounting debts, commodity analysts said. Analysts said there had also been heavy producer selling
      Reuter  -  325 words
    • Article
      Lock icon Thailand likely to be top robber producer this decade
      380 28 Reuter CHIANGMAI Thailand's aggressive rubber replanting programme has made it the world's biggest producer, a position it is likely to keep this decade as weak rubber prices prompt other major producers to curb output. Thailand last year overtook Malaysia in rubber
      Reuter  -  380 words
    • Article
      M'sian crude palm oil market stays bearish
      753 28 REPORTS MALAYSIAN crude palm oil prices closed with extended losses yesterday due to further selling activity and reflecting the trend on the futures market. Dealers said slow export business and anticipation of rising local output continued to undermine sentiment. May south was offered
      753 words
  • Article
    PRICES
    1481 28 Rubber A Pf 29 MS (t»> hi htl»l) S cents/kg jj Noon Close lnt 1 RSS Prompt 145.25/146 25N 146.00/147 OON |nt i RSS Mav 92 145.25/145.75 *****/146 50 lnt 1 RSS June 146 25/146.75 *****/147 50 > lnt 2 RSS OP 144 50/145 50N 145.00/146 OON lnt 3
    1,481 words
  • Page 28 Advertisements
Page thumbnail Page 29
  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1225 29 atj n%M et* n%M rro hkm PtaM GA887 0200 GA894 2015 JUateM* Qf5 1955 SQ228 2050 !■!<><■■ SQ23 0645 KL838 2240 KL837 1255 WWI SQ347 1755 JUcUM4 BAU 1505 SQ288 2015 ■■fcnil Gf 148 1000 GA52S/910 1755 W in— BI453 1105 SQ182 0915 SQ181 1410 BI96
    1,225 words
  • THE TRAVEL PAGE
    • Article, Illustration
      It's no holiday in Central Asia
      553 29  -  POSTCARD FROM TAJIKISTAN By Guy Dinmore THE FIZZ and pop of light bulbs shattered by rain dripping through the restaurant roof broke the silence of weary diners accustomed to a long wait wait and a short menu. The eventual arrival of plates of leathery
      553 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 29 As at 3pm yesterday; Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar I.248S I.265S Canadian dollar 1.3704 1.3981 NZ dollar 0.8837 0.9015 Sterling pound 2.9248 2.9644 US dollar 1.6320 1.6600 Local dollars to 100 units of foreign currency Austrian schilling 14.04
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      74 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td May 26-31 International Istanbul, Afeks Organizas- (90)1/*****20 June 1-7 International Buenos Aires Argentine 541-*****09 Construction Turkey yon Pazarlama Exhibition Federation of Machinery Bldg Ve Ticaret AS of Rubber the Rubber Technology Industry Exhibition June Beijing Inter- Beijing
      74 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      45 29 It's amazing the lengths Finnair goes to for just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price Check with your travel agent or call *****77 for more details. W« Know Europe from tart to Pmniah.
      45 words
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      Page 29 Advertisements Column 2
      25 29 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please cal our Customer Services Section on 749 2577
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      Page 29 Advertisements Column 3
      414 29 NOTICES UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I Goh Ah Mou of Blk 169 8000 Lay Drive 101-667, Singapore 2264, have applied for a Beer House First Class licence in respect of premises at M/s Sin Soon Lee Mini Mart at Blk 173 8000 Lay Drive 101-747, Singapore
      414 words
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      Page 29 Advertisements Column 4
      220 29 JADE UNE (PTE) UMTTED (IN MEMBERS' VOLUNTARY LOU CATION) (incorporated In the Rapubic of Singapore) Registered Office 101-A Upper Craw Strew •11-16 People's Par* Centre Singapore 0105 NOTICE OF RNAL GENERAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, (Chapter 50) mat a Final General
      220 words
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      Page 29 Advertisements Column 5
      305 29 LOST SHARE/TRANSFERABLE SUBSCRIPTION RIGHT/LOAN STOCK CERTIFICATES The following Shart/TrmttenUe Subscription Right (TSR)/Loan Stock (LS)/certtficates/*together with the relevant itgiwd transfer deeds have been reported lost or destroyed:— FIRST CAPITAL CORPORATION LTD No. of shares/ Certificate Wo. In the namsof TSR/LS ******40/1 Phoon Sow Wah Julia 2xlooo GENERAL SECURITIES INVESTMENTS LIMITED *****40
      305 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      300 29 1 Display concern for the LmJ— entertainments industry 9 Wholemeal, when about to I 1 1 I 1 I I I I have lunch, possibly? (7) MB" IBB IBM |_g__ -l_j 10 Hotch-potch of distant paBit we hear, lfl~~jjjH~ j knocked up by driver (5) 13 Pup bore opens with
      300 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      163 29 Singapore Outlook: Showers over several areas in the afternoon. Report Maximum temperature 32.6 Assoc humidity 70% Minimum temperature.. 25.3 Assoc humidity 96% Hours of sunshine 2.85 Rainfall in mm 3.5 Rainfall this month 160.3 Rainy days this month 13 World report Asia-Pacific Hi/Lo* Cond. Auckland 16/04 Cloudy Bangkok 38/28 Cloudy
      163 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      23 29 (He's pauvegiNG VOUR EAST&R IS SIR R££>lN*LD VCGGS, MA MP> oufc boomed ngn's FOOOe*. DOIMG WIHIS week-J y /Vjr P\RC noT\ QCTHC ujqods
      23 words
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  • Article, Illustration
    Investment in Johor seen to level off at $3b yearly
    435 30  -  Reports by Sylvia Wong in JOHOR BARU INVESTMENT in Johor is expected to level off to about Ms 3 billion (551.92 billion) a year, from last year's M 54.2 billion, Johor Mentri Besar Tan Sri Dato Haji Muhyiddin said yesterday.
    435 words
  • Article
    Muhyiddin plays down controversy over Singapore-Johor ties
    224 30 JOHOR BARU Johor Mentri Besar Tan Sri Haji Muhyiddin bin Haji Mohd Yassin yesterday played down the controversy over Johor-Singapore relations, and asked parties on both sides of the causeway not to be emotional over a "small matter". "What's important is the long-term
    224 words
  • Article
    M'sia says it welcomes US military presence in Asia-Pacific
    505 30  -  From Leslie Lopez in KUALA LUMPUR IN A surprise declaration yesterday, Malaysia said it welcomed a US military presence in the Asia-Pacific and stressed that the superpower should remain committed to the region to avoid a power vacuum following its withdrawal
    505 words
  • Article
    Lock icon Shenyang races to open China's next stock market
    135 30 Reuter AFP BEIJING The north-east-ern Chinese city of Shenyang has opened a securities exchange to try to take advantage of economic reforms to become the country's third stock market. The Shenyang Securities Exchange Centre, co-spon-sored by the provincial and city branches of
    Reuter; AFP  -  135 words
  • Article
    Lock icon German Cabinet to cut own pay as strike worsens
    336 30 Reuter BONN IG Metall. Germany's largest union, launched lightning strikes across the country's rich west yesterday, adding to stoppages hitting transport, postal and hospital services. As labour tension mounted, Chancellor Helmut Kohl's centre-right coalition was expected to agree to cuts in
    Reuter  -  336 words
  • Article, Illustration
    Tough times for a capitalist world
    907 30  -  The Bottom Line MANO SABNANI MANO SABNANI The writer is BT's editor This article appears in the May issue oy Singapore Business A FRIEND lamented the other day that the talk in coektail circles these days is all about economic difficulties in various countries.
    907 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      101 30 Nikon I The World's Finest Photographic System I KHAW AND SONS The Absolute Advantage of Being Bilingual /rlexi-hour Mandarin for Busy Executives. Taught by experienced teachers from Beijing and Shanghai Relevant business terms compiled by bilingual journalists Situational usage and daily conversation practice Business practices in China and Taiwan Chinese
      101 words
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      Page 30 Advertisements Column 2
      134 30 Nikon The World's Finest Photographic System rWe serve food that's centuries old. i cp4nd music not a day younger, g Centuries ago, the chefs who created the cuisine for their gn jk/jt/lff BWlnaßjl Maharajas lavished their talents to please their Highnesses. W Those who succeeded in pleasing their palates were
      134 words
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  • ISEAS Trends
    • Article, Illustration
      An emerging tripolar world?
      1673 31 Bryce Harland assesses the nature of the new world power relationships that are emerging THE SYSTEM of power relationships that emerged from World War II and preserved the peace in Europe for over 40 years has broken down. A new and different system is emerging, in
      1,673 words
    • Article
      The undecided youth vote in Indonesia's June election
      981 31 Blair King assesses the political ground ON JUNE 9, 1992, approximately 100 million Indonesians will go to the polls in what will be the fifth New Order's national elections. Voters will have four options. They can mark the symbol of one of
      981 words
    • Article, Illustration
      Eye on the Concept Plan
      2402 32  -  John Keung puts Singapore's blueprint for a better quality of life into sharper relief John Keung Dr John Keung is Manager (Physical Planning) at the Urban Redevelopment Authority. IT IS now just over six months since the revised Concept Plan, a blueprint for Singapore's physical
      2,402 words
    • Article
      Japan and prospects for the Asia-Pacific century
      193 32 JAPAN is, today, the most important Asia-Pacific economic power. That being the case, there has long been a recognition of the need to provide a frame of reference for considering the ramifications of Japan's expanding economic role and influence on countries within the
      193 words
    • Article, Illustration
      Kuriles: a thorny issue
      1552 33  -  A major thorn continues to plague Russo-Japanese ties, notes Nazir Kamal Nazir Kamal Dr Nazir Kamal is a Research Fellow at the Institute of Southeast Asian Studies. THE Second World War ended almost half a century ago. hut Russia and Japan have yet to sign a
      1,552 words
    • Article
      Thailand: the rough road back to democracy
      1468 33  -  Mike Yeong and Sunn Maisrikrod examine some trends which bode well for democracy in Thailand Mike Yeong and Surin Maisrikrod ALTHOUGH last month's general election in Thailand can hardly be described as a watershed event, several trends have emerged which, if sustained, could
      1,468 words
    • Article
      Singapore: an Eastern fashion-driven society
      1390 34  -  Geraldine Heng looks at a society driven by popular culture Geraldine Heng The writer is Lecturer in tflk Department of English Language and Literature at the National University of Singapore. WHEN a well-known Sunday Times columnist. Tan Sai Siong. can quote the words of "the
      1,390 words
    • Article
      Global warming and the Asia-Pacific
      1124 34  -  Shankar Sharma examines Asia's environmental awareness Shankar Sharma Dr Shankar Sharma is a Fellow of the Institute of Southeast Asian Studies and a member of the World Energy Council Committee of Energy Issues of Developing Countries. THE understanding of environmental challenges and their implications to
      1,124 words
  • Page 31 Advertisements
Page thumbnail Page 32
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      518 32 Trends A awMhly pn6hc*»o»» of the Irantmc of Soudittu Amm StoAts Editors-in-chief S. Rajaratnam K. S. Sandhu Editor Derek da Cunha Assistant Editoi Pang Yin Wah international Advisory Committee Jose V. Abueva (Philippines) Stephen FitzGerald (Australia) Han Sung-Joo (Korea) Tommy T. B. Koh (Singapore) Mochtar Kusuma-Atmadja (Indonesia) Seiji Naya (USA)
      518 words
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      Page 32 Advertisements Column 2
      90 32 JULIANA FOOD SERVICES (ASIA) PTE LTD (In Voluntary Liquidation) Notice is hereby given pursuant to Section 308 (2) of the Companies Act, Cap. 50 that the Final Meeting of Members of the above-named Company will be held at 10 Anson Road #20-05 International Plaza S (0207) on 30th May 1992
      90 words
    • Advertisement
      Page 32 Advertisements Column 3
      139 32 LIQUOR LICENCE NOTICE NOTICE IS HKRKBY GIVEN that, I SOI I KENG HI JAY of HI.K 2K9. YISIII 'N AVE 6. »11-30 Singapore ZTft. have applied for a RETAIL MEEK SHOP licence in aspect of premises at M s MKTRA MINIMAHI at BLK 1001. LOWER DELTA RD *01-03, TERESA YILLE.
      139 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      174 33 Moments of magic... live in it. Lane/kauri Holiday Vitta! At our beautiful stretch of one of the finest ivory beoches in Langkawi, tfie temptation to have fun, fun ana more fun is hard to resist After a day of fun in the sun, langkawi Holiday Villa provides a haven to
      174 words
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      Page 33 Advertisements Column 2
      290 33 Business within easy reach, 44 times a week. Singapore Jakarta If you're a business traveller to Jakarta, youH be in good hands with Garuda Indonesia. That s because we have 44 flights to Jakarta every week at very convenient times. With up to 8 flights daily, youll enjoy superb comfort
      290 words
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  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      218 34 BANKING, FINANCE AND INSURANCE SUPPLEMENT 1998 A special Business Times Survey May 4,1992 The theme for t.hi« year's supplement Is "Managing the Tiger" which focuses on the tremendous growth achieved in recent years by Asia's banking and finance industry and the constraints faced by the region's regulators to encourage growth
      218 words
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  • SHIPPING TIMES
    • Article
      ABC saves $18m from redeploying 2 ships
      384 35  -  By Dexter Lee SINGAPORE ABC Containerline's strategic redeployment of two vessels from its container fleet into the bulk shipping trade last year has resulted in cost savings of $18 million. The vessels were the Helen and the Deloris, two of a fleet of
      384 words
    • Article, Illustration
      Bill abolishing bunker tax passed by Californian panel
      412 35  -  From Sue Cauthen in San Francisco A BILL quashing an 8.25 per cent sales tax on bunkers purchased in California was narrowly passed by a committee of the State's legislative. Assemblyman Dave Elder sponsored the measure after the ports of Los Angeles
      412 words
    • Article
      Lock icon Chile port workers threaten strike action
      252 35 Reuter SANTIAGO, Chile A strike to protest against working conditions affecting some 7,600 Chilean port workers will begin in the next few hours, union leader Sergio Aguirre said on Tuesday. However, Mr Aguirre added that he could not give details of its expected duration.
      Reuter  -  252 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      840 35 Page Col ABC Containerline 12 1 < Accord Group 8 1-3 APL 5 3-5 i Arrow Inter 9 2 < ASCL 5 9 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 19 3 The Bank Line 9
      840 words
    • Article
      Lock icon Thai port urged to relax rule on late payments
      498 35 The Nation BANGKOK Shipping lines have urged the Port Authority of Thailand (PAT) to relax the regulation on late payments which are one month over due. A source in the shipping industry said that PAT has yet to extend the time
      The Nation  -  498 words
    • Article
      Lock icon Norwegian ship officers strike
      278 35 Reuter OSLO Norway's main trade union agreed on a 1992 pay deal for 300.000 workers after all night talks but 1,400 ship officers went on indefinite strike after their negotiations broke down. "We have reached an agreement," said Karl Glad, head of the Confederation of Norwegian
      Reuter  -  278 words
    • NEWS SUMMARY
      • Article
        More good years ahead
        34 35 THE local marine industry is enjoying a boom, and while shipyards are unlikely to experience the heady growth rates of the last few years, prospects still look bright Page 2
        34 words
      • Article
        GM reports US$179m profit
        45 35 AFTER suffering from financial losses and management upheaval. General Motors Corp benefited on Tuesday from an optimistic development: a USSI79 million (***** million) first-quarter profit that compared with a loss of US$l.l billion a year earlier, excluding non-recurring items Back Page
        45 words
      • Article
        Pan Am had poor security: lawsuits
        37 35 LAWYERS for relatives of the victims of Pan Am Right 103 presented as evidence on Tuesday a report indicating airline security was inadequate two years before the 1988 bombing Back Page
        37 words
      • Article
        Truck-trips dispute threatens EC-Efta deal
        40 35 A QUARREL over just 110.000 truck-trips across the Austrian Alps is threatening to derail a major agreement between the European Community and the European Free Trade Association (Efta) countries. diplomats said here Tuesday Back Page
        40 words
    • LOG BOOK
      • Article
        Liberian ship suffers severe bow damage
        71 36 LONDON The l iberian container vessel Choyang Moscow seems to have lost its bulbous bow in a collision outside Bremerhaven on Monday, Lloyd's Shipping Intelligence Service said. The 46,660 dwt vessel may have to be repaired at Hamburg because other facilities are occupied. Five
        71 words
      • Article
        Temporary repairs at Valencia
        43 36 LONDON The Hongkong-flag container vessel CunMar Venture will undergo temporary repairs at Valencia after colliding with the Campsa pier petrol terminal, Lloyd's Shipping Intelligence Service said. The 16,963 dwt vessel will then in ballast to Gibraltar for permanent repairs.
        43 words
      • Article
        US ship in collision at Piraeus
        34 36 LONDON The US-owned container carrier Mason Lvkes, was in collision with a tank barge at Piraeus. Greece, Lloyds Shipping Intelligence reported. The 22,661-dwt vessel has requested a survey.
        34 words
      • Article
        Military plane crashes into lake
        71 36 LILESVILLE A military transport plane on a training mission crashed into a lake in south-central North Carolina on Tuesday night, killing all nine people aboard. Air Force officials said. Witnesses said the C-130 plane circled Blewett Falls Lake about 15 minutes before rolling over and
        71 words
      • Article
        US aid flight arrives in Tblisi
        63 36 WASHINGTON The first US humanitarian aid flight to the former Soviet republic of Georgia landed on Tuesday in the capital of Tblisi. the State Department said. State Department spokesman Margaret Tutwiler said the US Air Force C-141 Starlifter plane carried privately donated medicines and
        63 words
      • Article
        Hungary-Philippines air pact
        68 36 BUDAPEST Hungary expects to sign an air traffic agreement with the Philippines later this year, a spokesman for the Hungarian Ministry of Transport, Communications and Water Management said. Talks on the agreement were held in Budapest by experts of the two countries. Hungary has initialled similar agreements
        68 words
      • Article
        12 die in bus crash in Venezuela
        49 36 MARACAIBO, Venezuela A bus skidded off a highway and slammed into a tree on Tuesday, killing at least 12 people and injuring eight others, the Innac news agency reported. The cause of the crash on the Maracaibo-Perija roadway was not immediately known.
        49 words
    • Article, Illustration
      Lock icon More good years ahead
      1132 36  -  The local marine industry is enjoying a boom, and while shipyards are unlikely to experience the heady growth rates of the last few years, prospects still look bright. Rahita Elias reports Rahita Elias SINGAPORE'S marine industry stands in marked contrast to most of the other economic
      Source: ASMI  -  1,132 words
    • Article
      COCKETT BUNKER MARKET REPORT
      863 36 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more compre- hensive description of the market. Prices shown are based on average-sized stem. Market movements j are indicated. The Cockett Bunker Price Index
      863 words
    • Article
      THE SHIPPING GUIDE
      11654 44 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,654 words
    • Article
      SHIPPING AGENTS
      3378 49 C ontaineriine NV: Belsin Shpg Agencies Pte Ltd (SVManne Handling Sdn Bhd (PK/PN) Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK. PN) Adkris Business orpuration Philippine Calsource Shpg Frdg Pte Ltd (S) \hrenkiel l iner Service Kim Shpg Trdg (S) Mbatrus Sea-Air Senice: Frata Shpg Pte
      3,378 words
    • Article
      COURIER SERVICES
      280 49 Abacus < ouriers Id 545-8011 Fa*: ***** 4 >B Air Kxpress I ravel Tel 533-5771. Fax: *****44 \irborne h reight orporation Tel: 542-8844 Fax *****16. *****80 Virswift Worldwide Courier Tel 278-0188 Fax *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax *****75. City-link International Tel: 344-3377. Fax *****50.
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    • Article
      AIR FORWARDERS
      1536 49 Abex Express Freight Tel: 542-7171 Fax: *****84. Vctinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Fel: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-803T Fax *****05. Aerospecd Tel: 542-5911 Fax *****18 Air Cargo Novo E.xpress Fel 542-5454 Fax *****06 Air Kxpress International Tel: 542-7666 Fax: *****74. *****50. Air
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      PORT CONDITIONS
      3305 50 ARGENTINA Labour working normally Buenos Aires: Several vessels in roads: waitin time for some arrivals was from 24 to 36 hours; from Apr 22 vessels expected to berth without delays. San lorenzo: Four vessels operating in various terminals of which 2 loading grain. 2 loading pelletized meals; 3
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      AIR FREIGHT SCHEDULE
      564 50 ARRIVALS Op High! I)P* K'l'A JT From TODAY KAL KE697 B747F 0150 1 SEL SI A SQ827 B747F 1730 2 CPH/DXB CLX CV794 B747F 1845 I LUX/DXB NCA KZ203 B747F 1930 I NRT KAL KE685 A30F 2345 I SEL/MNL TOMORROW JAL JL6I5 B747F 0240 I TYO SWA
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      SHIP SALES & TANKER RATES
      969 50 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Navalis: 133,365 dwt and built Feb 1981 Hitachi Nagasu. this vessel will redeliver from her existing charter this summer and owners are now said to be keener to respond to market levels as brokers would try USS24 million Emma D P
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      CRUISE & FERRY SCHEDULES
      444 50 CRUISE FERRY SCHEDULES Ait Pep Name of Vessel ETA K I D Ports of C »lk Port Agent APRIL 30 01 Ocean Pearl 0800 1600 Far East Inchcape Shipping MAY 01 01 Asean World 0900 1800 Sin-Hkt Sembawang Johnson 02 03 Cora Princess 1000 1800 Sin-Jakarta Harpers Shipping 03 03
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    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        606 51 Ve«4 Voy No Berth Vnyji Deparhre Mirini Terminal 1 Batam Baru B143 M04 29 04/2300 Batam Sayang *****2 M04 alongside 30 04/0500 Batarmndo 1 191S M02 ator«side 29 04/2100 Citra taya CJ06 MOb 30 04/2300 Hamdah 10/92 M02 alongside 30 04/0700 Kakmantan 1 12/92 M01 alongside 3004/0600
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        IN MALAYSIAN PORTS
        218 51 Hub t JOWPr* nwi Berth: 1: Sri Nam Hua No 2; 2: Pathum Navee; 3: Kota Pusaka; 4: You Mvng; 5: Horned Owl: 6: nil. 01 jetty: Bow Sky. DCJ: Samudra. Out on Apr 29: Shoryu Emmy. Thai Ho No 1, Geniki, Magda P, Um Modes, Kris
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        CONTAINER SCHEDULE
        1643 51 r?T!TOi OF Fa II SNp My Nt Containers avaiaUc SNP Voy No Counrs ivmk Acj Lotus Ned Rosario Deratat D Sentosa Apple Kota Btntang Newtiai leng Fufengshan Leeward Selamta OOCL Advance Sea Fortune Takan 1 S'pore Jaya Sentosa Jaya Merkur Delta Sea Laurel Arthur Ms E Grade Lous
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      TRANSPORT DIARY
      956 52 May 8 (1 day): Implementing and Developing Strategic Logistic Systems, organised by Singapore Institute of Purchasing and Materials Management. For more details, please contact SIPMM Secretariat at tel: 273-4172 or fax: 274-1132. May 15-16 (l'/i days): ISO 9000 for Warehousing and Distribution Centres, organised by Singapore Institute of
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    • Article
      DAILY FREIGHTS
      659 52 FREIGHT market rates tinned as the underlying trend of tighter Panama* supply continued. dry cargo brokers said on Tuesday. The volume of transactions was again low due to holidays in various centres and there were no fixture reports on key routes. However the panel setting the Baltic Freight
      659 words
    • Article
      Lock icon GM reports US$179m profit
      507 54 First-quarter result was car maker's first good showing since 1990 NYT DETROIT After suffering from financial losses and management upheaval. General Motors Corp benefited on Tuesday from an optimistic development: a US$l79 million (***** million) firstquarter profit that compared with a loss of US$l.l billion a
      NYT  -  507 words
    • Article
      Lock icon Quarrel over truck-trips threatens EC-Efta accord
      312 54 AFP BRUSSELS A quarrel over just 110,000 truck-trips across the Austrian Alps is threatening to derail a major agreement between the European Community and the European Free Trade Association (Efta) countries, diplomats said here Tuesday. The accord for the world's biggest single market was
      AFP  -  312 words
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      Lock icon EC rejects findings of report on Airbus subsidies
      250 54 AFP GENEVA The European Community on Tuesday rejected the findings of an arbitration panel report requested by the United States over exchange rate guarantees given by the German government to Deutsche Airbus, reliable sources here said. However, the EC at the same
      AFP  -  250 words
    • Article
      Lock icon Colombian phone workers to end strike
      221 54 AP CUCUTA, Colombia Telephone workers agreed on j Tuesday to end a strike that cut communication between Colombia and the rest of the i world for seven days. The 14.000 employees of j the state-run Telecom com- pany acted after the govern- j ment
      AP  -  221 words
    • Article, Illustration
      Lock icon Pan Am had poor security measures, allege lawsuits
      327 54 AP NEW YORK Lawyers for relatives of the victims of Pan Am Flight 103 presented as evidence on Tuesday a report indicating airline security was inadequate two years before the 1988 bombing. In civil lawsuits against the now-defunct airline, the lawyers maintain
      AP  -  327 words
    • Article
      Lock icon AT&T plans to offer portable personal telephone numbers
      414 54 NYT Tired of telephone tag? People who want to be reached anywhere they go at home, the office, a friend's house or at a vacation resort can sign up for a single telephone number under a service to begin in June that
      NYT  -  414 words
    • Article
      Lock icon USAir narrows 1st quarter loss
      191 54 UPI ARLINGTON, Virginia USAir group, parent of USAir, on Tuesday reported a first-quarter loss of US$63 million (SSIO4 million) a big improvement from the US$ 168.7 million loss in the year-ago quarter. First quarter revenues rose to US$l.7 billion from US$l.6 billion in the yearago
      UPI  -  191 words
    • Article
      Lock icon US fighter model crashes during test
      248 54 NYT WASHINGTON A test model of the Air Force's most advanced fighter and most expensive new weapons programme crash-landed and was destroyed by fire at Edwards Air Force Base, California, last Saturday, the US Air Force said on Tuesday. The Air Force and the
      NYT  -  248 words
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      12 35 SNrnr. S*. tor advertising enquiries, contact Shipping l imes Tel 740-2MW4O-20 90
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      130 35 the FAMOUS tpntoJr Kvmwk/ > mtimsjm ■iMillill 77A 1833 j For more information please refer to Pg. 13 »-^y»www». <J>- Ifi 1 [HB 'r -V S V j e '."V/ >*fPf fllM* 1 > r i vl •<,. v y ?..> J v.. *»A '•<! V *>' &I A Jf
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      Page 35 Advertisements Column 3
      53 35 A* Forwarders 15 Ar Freight Schedule 16 Cockett Report 2 Container Schedule 17 Courier Services 15 Cruise ft Ferry Schedules 16 Darfy 18 Inda 1 Port Conditions 16 Shipping %nts 15 Shipping Guide 10,11 Sl*psales Tanker Rates 16 Ships m Port 17 Singapore Tides 17 Transport Diary 18 Weather and
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      88 36 FOR SUCCESSFUL MANAGEMENT OF I YOURBU|INESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
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      2423 37 mm OOCL (S) PTE LTD JAROINE SHIPPING AGENCIES %l|f## BOOKINGS TEL: *****34 *****58 wwm. 11l f TERMINAL/CFS TEL: *****18 220 I I PESAKA JAROINE SHIPPING AGENCIES SDN. BHO. LVflflfJ PORT KELANG TEL: *****18 FAX: *****91 *****88 0 T— PENANG TEL *****4 FAX: *****1 CFS TEL *****6 Dedicated to Quality Service
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      Page 37 Advertisements Column 2
      1328 37 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT qsbbm® llk I UNITED ARAB SHIPPING (SAG/1 \M I VSI/VOY SIN NYC Ml OWf SAV II IMfl n hi 12 I 14/1 IS't IW I SANTA DOM 12 II I 11/' J* J
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      Page 37 Advertisements Column 3
      1410 37 NEXT SAILING TO USA MATHILDE MAERSK V 9206 ETA SIN 5/S/92 SEALAND VOYAGER VI76E ETA SIN 4/5/92 Vessel Voy ETA ETD Feeder by DESTINATIONS Woftd Lynx/ Aries Tl>is week Mathilde Maersk 9206 CY S/S 0800 MRS Port lIH CFS 4/5 2359 HRS Kelang Peoang OAK LGB HOU MEM ATL MIA
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      1193 38 VOY NO S PORE JEDOAH SHAMTON H BURG ANT LE HARVE TOKIO EXPRESS 05/117 30/4 9/5 23/5 19/5 18/5 1 LEVERKUSEN EXPRESS 06/317 4/5 20/5 22/5 25/5 26/5 fftt lIMM ft HMNB KATSURAGI 11/118 7/5 16/5 30/5 26/5 25/5 THAMES 11/318 10/5 27/5 29/5 1/6 2/6 COMBIIDfT LA SEINE 24/119
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      Page 38 Advertisements Column 2
      618 38 SEABPAC SERVICE CONTAINERS MEAKBULK MRECT SOUTH PACFIC SERVICE SIN |NOU SUV PPT L J BONTANG 3507E8 IN PT 10'5 13/5 17/5 JANIKA II 3601E8 27-30/5 11/6 14/6 20/6 Transit Time 1(13) (16) (22) ALSO ACCEPTMG CARGO VIA SUVA 10 lAUIOHA. PAGO PAGO. APIA. NUKUALOf A. P VHA FASTEST SERVICE TO
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      Page 38 Advertisements Column 3
      1538 38 E.XWM REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE ttl/VOY SM ALG BCL HAM BRE ROT ANT F& LHA (VIA (VIA (VIA ALG) HAM) ROT) N. SUN 9209 3 04/05 24/05 25/05 26/05 27/05 28/05 29/05 30/05 31/05 N. PRINCESS 9210-3 10/05 28/05 30/05 01/06 02/06 03/06 04/06 05/06 07/06
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      1515 39 W STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building I Singapore 0208 Tel: *****88 Fat: *****17 I *C«CO 001 S S SPORI B'KOH j RAJAH BftOOftt ¥101 Mujij lib. NK Po«l JO Ap« ISIiBRUGGI V 08N 05 06 MAY 0910 MAY I SIRAIIS VtNIURI Vlll Miurj. Lib
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      Page 39 Advertisements Column 2
      2033 39 V SINGAPORE AGENT: DfilA rAnfoinaDC P»0 Container* (Singapore Agencies) Pte Ltd tV\ w jllllLdlllCi 9 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 si [Sa-Sraflst Shs. Z 5s S Iss SS as I
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      599 40 CR NBR **********0-0 I EXPRESS SEMI CONTAINERSHIP SERVICES I I TO EUROPE I VSI WOY SPORE ROAM ADAM HBURG BREMEN ANTWERP I SRMUAYA/34N8 In Pt 2/6 7/( 10/6 14/6 I KUTAI 2SRB 11/5 1/7 13/7 17/7 20/7 I FAST TRANSIT TIME I ACCEPTING BREAKBULK/CONTAINERISED CARGO I Subiect to Inducement. Also
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      Page 40 Advertisements Column 2
      1529 40 HANJIN SHIPPING FOR VSI SIN Lie HAUL LGB OAK FOR VSI S* Lit HAIA SAV A.M NTC HANIIN ROIIIROAM OIK J 5 OMCt 24 ■> 21 b HAW* KWANGTANG OIK 45 H M 11/6 tf/S 14,6 HAN)IN KAOKSRJNG 00K 10 b O«ECt 31 3 b HANRN KUNSAN 074t 1S JO
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      Page 40 Advertisements Column 3
      1349 40 d I rl Im sor use wc mc nis wi o» iki w i»o lai chs bai arc im* an* tom it* *c rso o« m xr I i gumit moil rs im «i kj Hi »J n.s D'J as ait *t i; if t a < jo t i
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      1908 41 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE, JrJr USA SERVICE *****00 TERMINAL OFFICE *****22 m$ EAST SERVICE *****00 IMPORT CFS MB2: *****69/*****96 UK/EUROPE SERVICE *****00 EXPORT CFS MB2 *****53/*****50 aust/india/pak NEPLINE SDN BHD MALAYSIA K.L -(03) *****33. P.Kelang-<O3) *****87. Penang-(04)
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      Page 41 Advertisements Column 2
      1026 41 I&SINSOV I SINGAPORE SOVIET SHIPPING CO PRIVATE LTD I BOOKING: *****51/ *****64/ *****06 (FESCO LfrlE) ENQUIRIES: *****33 I MARINE INSURANCE SERVICE: *****87/ *****87 I KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 I PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 I (REGULAR INDEPENDENT SERVICE) I lEASTBOUND-DISCHARGING WESTBOUND—LOADING TRAMSHFPED Vl* ROTTERPAM
      1,026 words
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      1313 42 K 44 W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) VP VP V I V VI TEL *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 i 1.1 M MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD I JL MJJ TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN
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      Page 42 Advertisements Column 2
      1153 42 PHiLI-ORICNT UN€S PT€ LTD if 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22 *****69 *****00Te1ex:R*****0FAX: *****76 *****38 Cf£} BY AIR, LAND OR SEA.... SflL WE TAKE ON THE WORLD FOR YOU V MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION ljuwnuuMiEirzE«iiun«ouTNMCine ECUICL service 14 MAY SYDNEY. MELBOURNE BRISBANE. FREMANTLE ICD
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      2463 43 Wlf PACIFIC INTERNATIONAL LINES (PTE) LTD mmSSSSSS B U iBHF 140 Cecil Street, #03-00 PIL Building, Singapore 0106 Tel: *****33 CR NO: *****6/OQQQh {JAKARTA I [BANGKOK 1 VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN QKOZINTSEV 23N 1/5 4/5 8/5 KOTA INOAH ISI 3/5 5/5 10/5 KOTA SURIA
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      Page 43 Advertisements Column 2
      787 43 EXPRESS CONTAINER SLR VICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY fEEDEP VESSEL PENANG PKELANG OCEAN VSL VOY SIN SOU <1 > HTM I2| HAM '3) GOT (4) ANSON/TBN 15 2,1 BENALDER 2172 5_5 22_5 24_5 23. 5 27 5 ANSON. TBN 85 9£5 TOY AM A 2182 12/5 29/5 3 6 ANSON'TBN
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      Page 43 Advertisements Column 3
      269 43 ton* MYANMA ISBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf PAGAN VIS2W 4/7 May HPA AN VI77W 11/14 May PAGAN VIS3W 25/21 May THE BANK LIME (A service of Andrew Weir SNppmf) SEMI-CONTAINER SERVICE YT HEAVY UFT CAPABIITY I EXPRESS TO PAPUA NEW
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      3133 46 Semi-Container Full Container Liner Services Liner Services Malaysia s Agents: Indonesia's Agents: Guan Guan Snipping Sdn Bhd Chung Chiao Snipping S4n AM P.J. 6fc*W Mr< hntomtia MariUmn General Agents: Seeking Agents: General Agents: Seeking Agents: w Penunn Rap Mudj ?9a laian Komi h»iu jiirh ju#*u wh Yick Fung Shipping A
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      Page 46 Advertisements Column 2
      285 46 SAMUKRA MDONESU (S) PTI LTD IS McCALLUM STREET #14-04 NATWEST CENTRE Singapore 01M Talax: R*****0 T«4: ******1-3 Fax: 225 OH, *****36 FOR BOOKINGS CALL OMECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK TWAOKA 922 02/05 (SAT) 05/05 (TUE) LAWANTI 959 04/05 (MON) 06/05 (WED) OERAJAT 980 05/05 (TUE)
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      677 47 uppuig times, inursaay /ipni m (<£ FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE s *****33 24 LINES LIM ASSOL PIRE AUS 3/5 ROTTERDAM 3/5 HAIFA/ASHDOD/ALEXANDRIA 375 HAMBURG/BREMEN 3/5 MARSEILLE/FRANCE 3/5 FELIXSTOWE/UK 3/5 BARCELONA/SPAIN 375 LEHAVRE/ANTWERP 3/5 GENOA/ITALY 3/5 GOTHENBURG/SCANDINAVIA 3/5 LOS ANGELES/WC/IPI 3/5 SYDNEY/MELBOURNE
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      Page 47 Advertisements Column 2
      845 47 \t&& RICHFIELTSirTGENCIES (S) PTE LTD CB TEL: *****33 (12 LIom) rtl FAX: ***** IS/*****03 PJj TELEX: R8 ***** RIBHIP (3 Lin—) l\!jr\ ETHIOPmi SHWHW6 UNIS J (National Lines ol Ethiopia) ACCEPTING FCL ANO CONVENTIONAL VFSSFI Ivov ETA [iOAD'HO ?OR SPOPI NFTSANtT '6WR OVO6 OAWfSbAIAAM MOMBASA ASSAM MASSAWA ARYOT 29W8 05/0?
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      Page 47 Advertisements Column 3
      884 47 BANGKOK 1 ■I vessel I wwr I mi *ssa ww M aat I R[W«HA BHUM l)K 07/05 05 05 WANT A BHUM 87W «PT Sjl 0205 I BlttNIA BHUM 32S 06/05 OS OS IWW BHUM 25H «PT 03/05 WAN* BHUM 140S 09/05 12/05 OHWM £1W M ***** Mon 04/05_ I
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      1601 48 MAC-NELS STORE 535? SSS PENANG: (04) *****6 SIBU. (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 j i P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 PORTS j COLOMBCVS. AFRICA PEN PK SIN PK SIN Colombo 6/5 7 5 8/5 I 10 5 11/5 12 5
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      Page 48 Advertisements Column 2
      272 48 BLUE STAR LINE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALANDPORTS SIN NPI Ml ITI SIM PROSPfCI 1«S »/S 21/5 VW m ?3/» IV STAR 1519 13/5 25/5 Vl* »l 27/5 IJ/S PMMKR ItS 27/5 »/6 Vl* NPI 10/6 27/« FULLY CONTAINERISED SAILINGS DISCHARGING AT
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      Page 48 Advertisements Column 3
      1126 48 I THONG SOON LIMES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO 1 CONVENTIONAL/CONTAINER COMTAB«W MBVtCM SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL Ivor leta I pest vessel wt spore
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      79 51 Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local news, INNOVATION 8c TECHNOLOGY in
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  • Page 51 Miscellaneous
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      Page 51 Miscellaneous Column 1
      459 51 TIDES AND WEATHER TOOT'S TIDES (height in metres) HOUR 0000 0100 0200 0300 04M 0500 0(00 0700 OMOONOIOOOIIOOI2OOI3OOIMOISMIMOI7MIMOI9M 20M 2100 22M 2300 JR 21 16 12 10 08 09 1 1 15 19 2 3 24 24 21 16 12 09 07 0 7 10 1.4 10 25 2.7 17
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      195 52 ULTIMATE FRE'GHT SERV'CES jjUSTRAIW ~**rtl Ul* STO, LA, Htw Tor* jp£ f* OlHtni 1'd..,,, niiiinnr— Nm j—jj 2L™, -incite CMttM ftAffGKftK tacMtaf Im |Mptg, Nut Sctfe, Qntoc CHj. MAURITIUS f«vt LMris EUROPE tehwr* Hmtari, Rotter4m, fcwtErtan, PACIFIC ISLANDS Sws. latofca. toUltam* 1 AFRICA TAIWAN liitai, Wi* hmci cmgo qams an*
      195 words
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      Page 52 Advertisements Column 2
      389 52 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in Business Times. iL COSCO UKC CONVENTIONAL SERVICE VESSEL PKL PNG P O. LOADING FOR A VESSEL 28/05 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: KAIHENG 15/05 20/05 Huangpu/Goangzhou COSCO PULL CONTA—EH
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      Page 52 Advertisements Column 3
      357 52 ADotsSKfl 800 Australia Now Zealand Weekly LCL Consolidation lbs/ CARGOFLO Singapore-Australia S Fremantle Adelaide Melbourne V 5B Sydney Brisbane Singapore-New Zealand C f Wl Auckland Wellington Lyttleton 1 J B New Plymouth Napier Christchurch |P yq *****83_ WORLDGATE EXPRESS LINES PTE LTD Tab *****11 Fax: *****73 Telex: ***** WOATI Chlttagong
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      Page 52 Advertisements Column 4
      10 52 Managers must manage. Business Times shows you how every Monday.
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      1100 53 A HYUNDAI MERCHANT WABINE CO. LTD. [via feeder pacific south-west service Pftt* PKE* TOD" S«* TO USA VOY KAO LBH OAK OAL/HOU CHI SIU WYC 21/04 22/04 24/04 01/05 M INNOVATOR 4* 08/05 25/05 28/05 28/05 29/05 29/05 31/05 05/05 29,04 01/05 08/05 H. EXPLORER 481 15/05 01/06 04/06 04/06
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      Page 53 Advertisements Column 2
      465 53 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS INBOUND VESSELS KSSI 101 9 n IK u CtSHC CatUMCM It *'S i s MM aiM II l/l MM MM 1 SOMtl U 11/S TRMSMTI M H/S MM IS/S TMJMC UUS 22 12/$ M/S Sit IMR SI H/S W/S OUTBOUND VESSELS
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      Page 53 Advertisements Column 3
      1105 53 our USA SERVICE CALLS I________________l1 1 SINGAPORE |>«- |m |M«.»- |IM |0M IHOU Ml CM M» hem me ninerreucßW DIRECT EVERY MU MOM «l« U. H KIKAIOI CauMUS IKM M7/t> ti 11. n ll'to 11/91 ttito Mto M» »»> WEDNESDAY mm mm isn «/#s uanMn unit in«« tin n ii/«
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      103 54 Every Saturday in Business Times |y* v^*»«!/ jos****X HM#yr j It could be a controversial deal between two stock 17 market stars, a thought-provoking report by >d[ university researchers on the latest trans-European FOCUS 7X)oms in on the news and issues of the day and looks at them in more
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      Page 54 Advertisements Column 2
      36 54 Every Saturday in Business Times 2 DEEP SEA PASSENGER FERRY VESSEL FOR SAIE (As it is, where it is) lt. i G.R.T.: 3821.54/3968.46 Fax: Capacity 850 Available for viewing in Singapore. Interested please call Tel: *****47
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