The Business Times, 13 May 1992

Microfilm: NL18201
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    16 1 BUSINESS TIMES THE Hi'SINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Wednesday, May 13, 1992 75"
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  • NEWS SUMMARY
    • Article
      UK gaining on inflation, but recovery clouded
      87 1 LONDON Britain yesterday announced the smallest rise in factory output prices in four years, hut the welcome news on inflation was dented by a pessimistic outlook from the country's biggest clothing retailer, Marks and Spencer. Official figures showed the price of goods leaving
      87 words
    • Article
      CIS defence ministers map new alliance
      75 1 TASHKENT. Uzbekistan Defence ministers from the Commonwealth of Independent States (CIS) met in Central Asia yesterday to sketch out a new regional security alliance. Some military officials arriving here said they believed the talks could lead to the approval of a "Tashkent treaty" at
      75 words
    • Article
      Lean times ahead
      26 1 JAPANESE offshore and merchant banks in Singapore, once known for their huge reservoir of funds, are bracing themselves for lean times. Page 2
      26 words
    • Article
      Better picture
      40 1 FOREIGN companies operating in the Asian economies would get a better picture of the inflation they face if they add exchange rate changes to the official consumer price indices, says the Political Economic Risk Consultancy (Perc) Page 2
      40 words
    • Article
      EC signs pacts
      26 1 THE European Community has signed 10-year trade and economic cooperation agreements with Albania and the Baltic states Estonia, Latvia and Lithuania Page 10
      26 words
    • Article
      Americans in poverty
      38 1 THE number of American workers whose yearly incomes are insufficient to support a family of four above the poverty line has nearly doubled over the past 10 years, says the US Census Bureau. Page 10
      38 words
    • Article
      PCL expanding
      25 1 LISTED Pacific Carriers Limited (PCL) has launched an expansion programme to establish more overseas offices and acquire additional ships. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      30 1 WALL STREET stocks were little changed yesterday morning. with the Dow Jones index of leading industrials slipping 0.38 point to 3,397.20 in the first five minutes ot" trading.
      30 words
    • Article
      Footsie lower
      24 1 LONDON share prices were lower at midday yesterday. At 1130 GMT, the broad-based FTSE 100-Share Index was down 15.5 points at 2,722.3.
      24 words
    • Article
      MPHB earnings soar
      34 1 MULTI-PURPOSE Holdings Bhd's (MPHB) net earnings last year jumped a hefty 88 per cent to M 548.6 million (5531.6 million), helped by contributions from gaming subsidiary Magnum Corporation Bhd. Page 4
      34 words
    • Article
      Lien denies talk
      26 1 OVERSEAS Union Bank (OUB) chairman Lien Ying Chow yesterday denied that he is selling or reducing his stake in the bank Page 4
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    • Article
      Top arranger
      34 1 AGAINST the backdrop of increasing demand for syndicated loans in Asia, the Hongkongßank group has emerged as the top arranger of such loans, according to statistics from UK-based Euromoncy Loanware Page 8
      34 words
    • Article, Illustration
      STOCK INDICES
      30 1 Tuesday Change BT-MGA 706.17 +0.59 Kuala Lumpur ...603.08 -0.89 Tokvo 18,508.53 -99.56 Hongkong 5.705.93 f 73.59 Sydney 1,676.8 +14.7 Monday Change New York 3.397.58 +28.17 London 2.737.8 +12.1
      30 words
    • Article
      CURRENCIES
      29 1 London Gold AM fix USS334.90 -USS1.60 Exchange rates USS SS 100 Yen SS 1.2402 MS SS 0.6518 Money market rates Overnight 2 7/8 +1/8 3-montn 3 1/16% -1/8
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    • Article
      COMMODITIES
      29 1 Rubber S'pore June 140.50*/kg -1.25 MsiaJune... 217.00«/kg -150 KL Tin Turnover 48 tonnes +12 Spot MS14.99/kg +0.18 Crude palm oil Turnover 928 lots -8 May MS882 /tonne 5
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  • Article
    S'pore Telecom to buy share in UK cable firm
    526 1  -  f Sm stake in Cambridge Cable may be its biggest venture so far By Ramesh Divyanathan SINGAPORE Singapore Telecom is on the verge of making another overseas investment, thought to be its biggest yet, by buying a £25 million (Ss74 million)
    526 words
  • Article
    CPF private property loan applications exceed 1,000
    449 1  -  By Alvin Tay SINGAPORE In a further sign that residential property prices may be headed upwards, figures obtained from the Central Provident Fund yesterday showed that the number of loan applications it received last month for private property purchases had gone up to
    449 words
  • Article, Illustration
    Santiago widens lead as claims of rigging arise
    398 1  -  Philippine election From From Al O Labita and Evangeline Gamboa GRAFT BUSTER Miriam Defensor Santiago showed a widening lead over former defence chief Fidel Ramos in the race for the Philippine presidency, according to an unofficial tally yesterday. The news was accompanied
    398 words
  • Article, Illustration
    This is the time when corporations go wooing
    56 1 THEY woo them, they nab them, but lose them sometimes. The young men above are what a host of companies and public organisations tussle over around this time of the year every year. Turn to Page 13 for an update on one
    56 words
  • Article, Illustration
    Lock icon KL's anti-graft body raids MIC offices to probe share transfers
    415 1 AFP KUALA LUMPUR The Anti-Corruption Agency yesterday said it has raided the headquarters of Malaysia's largest ethnic Indian political party following allegations that the party had engaged in irregular share dealings. The raid on the Malaysian Indian Congress (MIC), a
    AFP  -  415 words
  • Article
    Lock icon US says G-7 growth outlook not encouraging
    104 1 Reuter WASHINGTON Prospects for growth among most Group of Seven (G-7) industrial countries are not encouraging in 1992, partly because interest rates are too high, the US Treasury said yesterday. "Europe is labouring under the burden of high real interest rates, reflecting the
    Reuter  -  104 words
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      Page 1 Advertisements Column 1
      210 1 High fashion fabrics from holy Available at all leading tailors Aircraft Schedule 29 KLSE 21 TV 4 Radw 14 Commodities 28 La. 16 Unt Trusts 20 Company News 4-6 Honey Changer Rates 29 Wtatter... Crvotc Cross*** 29 Money Market 27 World News 10 Editorial 12 Regional News 9 World Stock
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      Page 1 Advertisements Column 2
      12 1 Successful polls seen paving way for growth, Pr 9 Commentary, Pr 9
      12 words
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      Page 1 Advertisements Column 3
      95 1 Pjo XK.NA Remember the songs of the 1960'5? I Remember the bottle prices in those days? 1 jj^H Welcome back to the good old With some of the lowest lounge bottle prices in town. Hennessy VSOP at $120++ and Johnnie Walker Black Label at $110++ a bottle (Available 5 pm
      95 words
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  • PAGE 2 NEWS
    • Article
      Japanese banks in S'pore tighten their belts
      544 2  -  Problems at home make themselves felt in Asian operations By S N Vasuki The first category consists of banks which have a strong business base here and in the region, and which have either a full or restricted banking license in Singapore. These
      544 words
    • Article
      Less cash from Japan will force poorer nations to hasten reforms
      286 2  -  Report by Political Economic Risk Consultancy Reports by Anna Teo SINGAPORE Reduced Japanese capital outflows to the rest of Asia will force the developing economies to speed up their financial sector and capital market reforms, says a risk consultancy.
      286 words
    • Article, Illustration
      Exchange rates can help firms keep tabs on inflation
      459 2 SINGAPORE Foreign companies operating in the Asian economies would get a better picture of the inflation they face if they add exchange rate changes to the official consumer price indices, says the Political Economic Risk Consultancy (Perc). Rankings by the composite
      459 words
    • Article
      Lock icon Thais assure Asean of its commitment to Afta
      510 2 Bangkok beefs up implementation committee Reuter Bernama SINGAPORE Thailand has moved to allay fears among some of its Asean neighbours that it is going soft on the Asean Free Trade Area (Afta) plan it proposed a year ago. A high-powered Thai committee
      Reuter; Bernama  -  510 words
    • Article
      Construction industry raises output by 38pc
      442 3  -  By Colin Tan THE construction industry hoisted its output 38 per cent in the first quarter of this year, according to preliminary figures from the Urban Redevelopment Authority. URA monthly figures for January to March show building contractors collected $1.98 billion in progress payments,
      442 words
    • Article
      Lee warns West against pushing democracy on China
      750 3  -  Beijing leadership likely to respond with tighter controls By Anna Teo SINGAPORE Senior Minister Lee Kuan Yew yesterday warned the West against pushing China on democracy and human rights, saying it would yield results quite different from those in East Europe and
      750 words
    • Article
      Singapore team visiting Polish shipyards
      216 3 SINGAPORE A Singapore team, led by the Republic's ambassador to Poland Hsu Tse Kwang, has left for Warsaw to look at shipyard facilities there. Besides Mr Hsu, who is also chairman of the Sembawang Group, the other team members are Sembawang Shipyard Ltd managing director
      216 words
    • Article
      S African trade team forges ties with S'pore firms
      256 3  -  By Salil Tripathi SINGAPORE The South Africans came to Singapore to talk business, and leave this afternoon having done just that. During a five-day trip organised by the South African Foreign Trade Organisation, six delegates representing major South African companies opened
      256 words
    • Article
      Kan Seng to head Chinese community's self-help body
      522 3  -  By Chuang Peck Ming SINGAPORE Foreign Affairs Minister Wong Kan Seng has been made head of the Chinese community's self-help body, the Chinese Development Assistance Council. The two-year appointment was made by the council s patron. Prime Minister Goh Chok Tong. As
      522 words
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      Page 2 Advertisements Column 1
      182 2 Japanese reducing exposure to Asian loans, Pg 8 lsr'»: Pi I ■Bay^;' j Ifc I J| I .i^sate'Vgs.*^ ,v->y*afi» -»i.ji r .jil *|$ffft£v||^Mß^^^^^^^^Mj|^ Jfc•• v We hope you never notice our flight attendants. The funnv thine about in-flight service is that the better it convenient connections to all of Europe.
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      Page 2 Advertisements Column 2
      32 2 FOR SALE Warehousing Land In Pasir Panjang Site Area 71,000 sq ft and 81,000 sq ft Freehold Approved 8-storey and Plot Ratio 2.5 Prominent Road Frontage Further details, contact Sole Marketing Agent
      32 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      60 3 j Dcfinitely or l^c < l et /I Omega Speed ma«er Professional chronograph in > *mLjk^^lM/J^Mfi/V si eel engraved insertion 'The First Worn on (he Moon* on the case back Miw*wciMt iv Jr rl m:jf M The sign of excellence. Sole Agent and Serv lC e Centre: SILVAROYAL PTF. LTD
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      Page 3 Advertisements Column 2
      79 3 Editorial, Pr 12 THE HUBERTUS GRILL BY HANS GEDDA "I WANTED TO CONGRATULATE THE CHEF FOR A GREAT LUNCH AND THE FIRST THING THAT CAUGHT MY EYE WAS HIS HEADGEAR. IT CONTRASTED WELL WITH THE ANTELOPE." A*7T**> photographer A ANA HOTEL SINCAPORE The Classic Motel i 6 Nassim Hill. Singapore
      79 words
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        MWE Holdings' profit up 92pc to M$20.7m
        72 4 KUALA LUMPUR MWE Holdings Bhd has announced a 92 per cent increase in its group after-tax profit to M 520.73 million (5513.5 million) tor the year ended Dec 31, 1991, from MS 10.80 million in 1990. It said group turnover fell by 17
        72 words
      • Article
        Timah Langat's 30pc target
        73 4 SHAH ALAM Timah Langat Berhad, in attempting to diversify from total dependence on tin mining, hopes to capture at least 30 per cent ot the local stick clectrodes market through its subsidiary, Electrode Products Sdn Bhd. Group managing director Ahmad Muhammad Said told reporters after the
        73 words
      • Article
        Asiatic set for higher growth
        81 4 KUALA LUMPUR Plantation-based Asiatic Development Bhd said the group was now in a better position to achieve higher growth in the years ahead, thanks to its reinvestment policy over the past three years. Its joint chief executives, Lim Goh Tong and Baharuddin Musa, said in
        81 words
      • Article
        Golden Hope's Vietnam venture
        101 4 SINGAPORE KLSE-listed Golden Hope Plantations Bhd yesterday confirmed that it had signed a memorandum of understanding with the Export Industrial Crops Planting and Processing Co of Song Be province, Vietnam, on May 8 to construct and operate a rubber processing factory, as well as develop and
        101 words
      • Article
        AMMB unit sets up Labuan firm
        39 4 SINGAPORE AMMB Holdings Bhd told the KLSE yesterday that its wholly-owned subsidiary Arab-Malaysian Merchant Bank Bhd has incorporated a company known as AMMB Labuan Ltd. It has a paid-up capital of US$2 (553.30).
        39 words
      • Article
        Corrections and clarifications
        51 4 IN yesterday's BT we reported that the projected turnover of F&N Coca-Cola Pte Ltd, the joint venture company between the F&N group and The Coca-Cola Company, is $85 million for its first year. This is incorrect. The figure should be $250 million. We are sorry for the
        51 words
    • Article
      Multi-Purpose Holdings' net earnings jump 88pc
      470 4  -  Gaming subsidiary Magnum biggest contributor to hefty gain By Quak Hiang Whai SINGAPORE Multi-Pur-pose Holdings Bhd's (MPHB) net earnings last year jumped a hefty 88 per cent to M 548.6 million (5531.6 million), helped by contributions from gaming subsidiary Magnum Corporation Bhd. The Kuala
      470 words
    • Article
      Kanzen plans to use M$55m to expand into metal-based activities
      340 4  -  By William Chia SINGAPORE Kanzen Bhd, formerly Dreamland Holdings Bhd, plans to use the M 555.3 million (Ss36 million) from its recent one-for-one rights issue to finance its expansion into met-al-based activities. Chairman Tunku Abdul Rahman said Kanzen's move into
      340 words
    • Article
      Lock icon UEM to complete North-South Expressway ahead of deadline
      185 4 Bernama KUALA LUMPUR United Engineers (Malaysia) Bhd (UEM), the North-South Expressway turnkey contractor, is working on an accelerated programme to complete the expressway by 1994, ahead of the concession agreement deadline of May 1995. (JEM chairman Radin Soenarno Al-Haj said Projek Lebuhraya
      Bernama  -  185 words
    • Article
      CCL buys 6m more M Credit shares and raises holding to just below 49pc
      266 4  -  By Lee Han Shih SINGAPORE The purchase of another six million Malayan Credit Ltd (M Credit) shares by Cycle Carriage Ltd (CCL) brought the latter's shareholding in M Credit to 48.88 per cent, a short step
      266 words
    • Article, Illustration
      lien denies rumour that he is selling OUB stake
      295 4  -  By Quak Hiang Whai SINGAPORE Overseas Union Bank (OUB) chairman Lien Ying Chow yesterday denied that he was selling or reducing his stake in the bank. Mr Lien said in a onesentence letter that there was no basis for the rumour
      295 words
    • Article
      Bring back the shine to Sesdaq trading
      742 4  -  Ensure 2-way, ongoing transfer of Sesdaq and main board listings HOCK^ By Mano Sabnani SINGAPORE So. SK Ong's concept stock, Goldtron Ltd. is to make its debut on Sesdaq soon. Some shareholders of the company, a reincarnation of feedmillcr Gold Coin Ltd, were
      742 words
    • Article
      Mas Millennium wins restaurant franchise for Asia
      378 5  -  Indon-owned company to invest $37m in US chain By Hong Lee Tiam SINGAPORE Mas Millennium Singapore Pte Ltd has won the franchise to operate 12 Tony Roma's restaurants in six countries in the Asia-Pacific. Lucy Prananto, Mas Millennium's president and chief executive officer,
      378 words
    • Article
      Lock icon Investors rush for China-related stocks in HK
      693 5 MARKET Reuter HONGKONG China's renewed commitment to economic reforms has made China-related stocks all the rage in Hongkong, benefiting companies from chicken producers to rice distributors to fast-food restaurants. Since China's paramount leader Deng Xiaoping, 87, toured the booming south early this year,
      Reuter  -  693 words
    • Article
      Lock icon UK-based Hinduja group plans major Indian investments
      204 5 Reuter NEW DELHI The Ix>n-don-based Hinduja group has submitted proposals to the Indian government for investments worth US$2.B billion (554.6 billion), most of it in power generation and oil refining, the Economic Times newspaper reported. It quoted group chairman S P Hinduja as
      Reuter  -  204 words
    • Article
      Lock icon Hyundai shares rise on talk of reconciliation
      318 5 Reuter SEOUL Shares in all the Hyundai group's listed companies surged yesterday on reports that some investors interpreted to mean a possible end to the feud between Hyundai founder-turned-poli-tician Chung Ju Yung and President Roh Tae Woo's administration, brokers said. News that the
      Reuter  -  318 words
    • COMPANY BRIEFS
      • Article
        List state firms on stock market: Shanghai mayor
        56 6 TOKYO Chinese state firms should be turned into joint stock companies listed on the stock market, Shanghai Mayor Huang Ju said yesterday. He said that in the first four months of this year, about 50 state firms in Shanghai began the process
        56 words
      • Article
        Japan to list OTC firms again
        68 6 TOKYO The over-the-counter (OTC) market will resume registering new companies later this month after a postponement since last December due to a market slump. Shares in Japanese tea manufacturer Ito En Ltd will be auctioned on Fridav and registered later this month. Nihon Process
        68 words
      • Article
        News Corp's A$437m profit
        64 6 SYDNEY Rupert Murdoch's News Corp Ltd reported a net profit including abnormal items, of A 5437.14 million (*****.7 million) for the nine months to March 31, up from A 552.62 million a year earlier. The company said yesterday that improved results from its newspaper and television
        64 words
      • Article
        MGM-Pathe to bid for Orion
        62 6 LONDON MGM-Pathe Communications Co will make a formal bid for Orion Pictures Corp this week, the Wall Street Journal said. Quoting sources, it said the bid is to include US$5O (5582.5 million) cash as an advance on future fees for distributing motion pictures, and another
        62 words
    • Article
      Lock icon Marks & Spencer weathers recession to post 6pc profit rise
      288 6 Marks Spencer weathers recession to post 6pc profit rise AFP LONDON Marks and Spencer pic, Britain's biggest clothing retailer, yesterday announced a 6 per cent rise in annual profits, despite recession and slim sales growth. Pre-tax profit before exceptional charges climbed to £670.4 million (551.94 billion) in the year to
      AFP  -  288 words
    • Article
      Lock icon Time Warner seeking rich partners: analysts
      449 6 Reuter NEW YORK Time Warner Inc, eager to cut US$B.5 billion (S$ 13.9 billion) of debt and hungry for new markets, is searching for global partners with deep pockets, industry analysts said. "The way I see it, these deals will raise capital and pay
      Reuter  -  449 words
    • Article
      Lock icon Wal-Mart leads resurgence among US retailers
      389 6 Company posts 26pc rise in profits NYT NEW YORK Wal-Mart Stores Inc produced another set of stunning numbers on Monday profits up 26.1 per cent as the major American retailers started reporting first-quarter earnings. Sales were up across the board, reflecting improved consumer spending,
      NYT  -  389 words
    • Article
      Lock icon Sheraton plans to invest more in hotels to boost earnings
      425 6 South China Morning Post HONGKONG ITT Sheraton has unveiled a new Asian strategy, with plans to invest more in hotels in key gateway cities after years of concentrating on pure management operations. The new plan, capped by a 49 per
      South China Morning Post  -  425 words
    • Article
      Lock icon Japanese firms likely to show sharp profit falls
      457 6 Reuter TOKYO A deluge of Japanese corporate earnings reports this month is likely to show the sharpest profit declines since the 1974 oil crisis, but market pundits hope share prices have already discounted the bulk of the bad news. Investors are instead
      Reuter  -  457 words
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      Page 4 Advertisements Column 1
      448 4 Whv invest in the share market with vour money, when vou can use ours? Investing in shares is an option that should be open to point over DBS prime lending rate calculated on a daily everyone. That's why our share financing service offers you basis. Interest which is payable on
      448 words
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      283 5 A Wi BB r .-7 £jPi9fli ->* ■*_.> 19BMj&&* *|sjBJ^^B -9 nkrß kB B B B B BP^^j^HBfIHBHBIBKIBP|BfIttHB MfiEE^Hlßßk gppBBIIBBHfIBBBBBI^^H BP" J* Br.' v. -/.d^r,S? r.«ww»*!» ft '^?B BP y :-v^r-: >>:^fc n n 1l HK" >^v. mill[lf inrrflii^^^^^^BHFi¥^l^r"r^r*lrf'^^^ a 15 jfl Bmw l p 111 1 B I W
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  • Page 6 Advertisements
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      227 6 b»ut-w <ww t*""" 1 The Ist award winning notebook with a unique convenient key mouse The new (I s Book 386SL works longer too! Now, you have a 386SL notebook with a unique convenient key mouse that's easier to use and carry around. EZ:Book 386SL also works longer (eight hours),
      227 words
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      Page 6 Advertisements Column 2
      68 6 260 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. ifltflllllHiw lillllllHllife S -i O Contact Managing Sole Marketing Agent: OCBC OCBC Property Services Private Limited (A Member
      68 words
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      Page 6 Advertisements Column 3
      200 6 Now, from one source you can get a highly revealing, insight information on any company in Singapore compiled from over 20 public and private record sources all totally reliable. The Corporate Profile from Credinet's extensive database provides a complete picture of any company from the statutory information filed with the
      200 words
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  • Page 7 Advertisements
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      230 7 I Now for the price* of a dot matrix printer, you can change from yIH drM whenever you like. 1 The HP DeskJet 500 C printer is a black and white Except, with the HP DeskJet 500 C printer, you can inkjet printer with colour capability. do it all in
      230 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        TransitLink launches self-service machines
        117 8 SINGAPORE In a further move towards a cashless society, Transit Link Pte Ltd has launched a self-service farecard machine which will enable commuters to purchase and revalue their Transit Link farecards through Nets. Ten new tarecard machines were unveiled yesterday at seven MRT stations and two
        117 words
      • Article
        Taiwan eases rules on bills
        91 8 TAIPEI Taiwan will soon allow local and foreign banks to trade short-term bills as part of government efforts to liberalise the island's financial markets, the Bureau of Monetary Affairs said yesterday. The decision was reached on Monday at a meeting between officials of the Finance
        91 words
      • Article
        Japanese govt offers help
        60 8 TOKYO The Japanese Ministry of Finance (MOF) will try to help Japanese banks meet international capital adequacy requirements next year by allowing them to diversify sources to boost their capital ratios. "The MOF will further support diversification of banks' measures to cope with this issue," the
        60 words
      • Article
        Proposal to deregulate industry
        41 8 TOKYO An advisory panel to Japan's Ministry of Finance, the Insurance Council, is expected to make a final proposal next month to deregulate the insurance industry, the sector's first major overhaul since 1940, ministry officials said yesterday.
        41 words
    • Article
      Seminar on Islamic banking in S-E Asia
      155 8 SINGAPORE Islamic banking, innovative methods of Islamic capital formation and business niches within Muslim consumer markets will be the focus of a seminar here on "Islam, Finance and Business in South-east Asia*. Jointly organised by the Institute of South-east Asian Studies (Iseas); Yayasan
      155 words
    • Article
      Japanese reducing exposure to Asian syndicated loans
      383 8  -  Retreat from market reflects banks' cash squeeze By S N Vasuki SINGAPORE Japanese banks staged a major retreat from the Asian syndicated loans market during the first quarter of 1992, reflecting the severe cash crunch that the country's mighty institutions have been facing
      383 words
    • Article, Illustration
      Abtrust moves its Far East operations office to Singapore
      371 8  -  By Shoeb Kagda SINGAPORE Abtrust Fund Managers has relocated its Far East operations to Singapore from London because it wants to get a better feel of the fast-growing South-east Asian region. The Singapore office will oversee the entire East Asian region
      371 words
    • Article
      HKBank top arranger of syndicated loans in Asia
      629 8  -  By Dawn Tan SINGAPORE Against the backdrop of increasing demand for syndicated loans in Asia, the Hongkongßank group has emerged as the top arranger of such loans, according to statistics from UK-based Euromoney Loanware. Of the total of 545 deals worth U5532.77
      629 words
    • Article, Illustration
      Lock icon Midland could become target of European bank
      573 8 Reuter LONDON Britain's Midland Bank pic, sought by domestic rival Lloyds Bank pic and Hongkong's HSBC Holdings pic, could become the target of a continental European predator if the other two have to give up the hunt, banking industry analysts say. "If the
      Reuter  -  573 words
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      Page 8 Advertisements Column 1
      342 8 n BTH ASIA-PACIFIC II PETROLEUM CONFERENCE i 14 -16 September 1992 EQ2Z3 Raffles City Convention Centre, Singapore APPEC, Asia's premier oil industry forum returns for the eighth consecutive year in September. Yes, it is the time of the year again to take stock of major political, economic and trade developments
      342 words
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      Page 8 Advertisements Column 2
      62 8 Results of tender for taxable book-entry Government Bond 1992 due 15 May 1997 to be issued on 15 May 1992 Tenor approx. 5 years Amount Offered Allotted *****.000,000 Amount Applied 551,663,612,000 Interest/Coupon Rate 4.125% pa. Average Yield Price on Allotment 4.19% p.a. and 99.710% Cut-off Yield and Price 4.24% p.a.
      62 words
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  • THE REGION
    • Article
      Lock icon Successful polls seen paving way for growth
      389 9 Philippine election Reuter MANILA Businessmen and stock market analysts are encouraged by the success of Monday's Philippine elections and see long-term investment fuelling improvement in the sluggish economy. Brokers said yesterday that the largely-peaceful conduct of the polls was likely to lead to
      Reuter  -  389 words
    • Article, Illustration
      The real winner? Estrada, of course
      444 9  -  Commentary By Evangeline Gamboa SINGAPORE Ballots were being counted in the Philippines when my old friend Buchwald dropped in for another imaginary chat. One early but unofficial count had graft-buster Miriam Defensor Santiago in the lead, while another report claimed former defence chief Fidel
      444 words
    • Article
      S'pore company hit by Viet ban on log exports
      395 9  -  By Harish Mehta SINGAPORE Vietnam's recent ban on the export of logs has hurt the big three log traders based in the country, including one Singapore company. The three traders now have 30,000 to 40,000 cubic metres of logs worth a
      395 words
    • Article
      Lock icon Exporters must adjust to stronger M$: Rafidah
      121 9 Reuter KUALA LUMPUR Malaysian exporters must adjust to the recent rise in the ringgit to stay competitive instead of asking the government to intervene, Minister of International Trade and Industry Rafidah Aziz said yesterday. "While they must show concern they must also learn
      Reuter  -  121 words
    • NOTE BOOK
      • Article
        Rudini urged to contest presidency
        90 9 JAKARTA An opposition candidate standing in next month's general election has called for a popular minister to challenge President Suharto in next year's presidential election. The official Antara news agency yesterday quoted East Timorese parliamentary candidate Samual Alex Petruz as proposing Interior Minister Rudini for
        90 words
      • Article
        NAM officials set agenda
        54 9 NUSA DUA, Indonesia Senior officials of the NonAligned Movement (NAM) yesterday agreed to include revamping the United Nations among proposed topics for the group's upcoming summit. Other topics agreed on were the Middle East and South Africa, human rights, economy, trade and development, South-South cooperation, and
        54 words
      • Article
        NZ budget deficit widens
        68 9 WELLINGTON New Zealand's budget deficit, excluding capital items, widened to NZ$996 million (SsB76 million) in the nine months ended March 31 from NZ$722 million a year earlier, the Treasury said yesterday. The government announced in late April that its 1991/92 deficit forecast had ballooned to NZ$3.4
        68 words
      • Article
        Untac chief criticises Tokyo aid
        89 9 TOKYO The top UN administrator in Cambodia has said that it is selfish for Japan to limit its contribution to financial aid for the war-wracked country and urged Tokyo to develop "broad-mindedness and global viewpoints". In stinging remarks on Monday aimed at opponents of legislation
        89 words
      • Article
        Senate panel approves HK Act
        93 9 WASHINGTON The US Senate Foreign Relations Committee has approved the US-Hongkong Policy Act which establishes the authority of the American government to treat Hongkong as a non-sovereign entity distinct from China for purposes of domestic law after its reversion to Chinese rule in 1997. The
        93 words
      • Article
        Refugee repatriation pact signed
        80 9 HONGKONG Britain and Vietnam yesterday signed an agreement to force as many as 52,000 Vietnamese boat people out of Hongkong and back to their communist homeland, government-owned radio reported. Radio Hong Kong reported that the pact was signed in Hanoi by Peter Williams, Britain's ambassador to
        80 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      61 9 A warm welcome at Shanj;ri l a Hotel in Penary I A meeting of the minds should always begin gracefully. S Shangri La hotel WNAN(., MAI AYSIA SHANCRI LA HOTEL, MAGAZINE ROAD. IO«»PENAN(.. MALAYSIA Til 4 f>22 f>22 HI EX 40H78 SHNGPI MA lAX M) 4 626 *26 For reservations
      61 words
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      Page 9 Advertisements Column 2
      37 9 Our latest model reflects THE 1856 STATE OF THE ART. j Hasdmadb SISCE 109* IVCtIV ililf rUNMU«T miiico cut (•(IN OAtIAS tINCAPOII IONOON NONOIUI U TOKTO MONC lONC fAtIS m m GOLD PFEIL < M r i it
      37 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Bonn lowers budget deficit forecast
        73 10 BONN The German Finance Ministry is forecasting a 1992 federal budget deficit of 42.7 billion marks (5543.1 billion), down from a previous forecast of 44.7 billion marks, due to higher than expected tax revenues. Germany's 1991 federal budget deficit was 52 billion marks. A spokeswoman
        73 words
      • Article
        Credit to UK consumers down
        53 10 LONDON Outstanding credit advanced to British consumers fell by £69 million (Ss2o7 million) in March from the previous month, to £30.1 billion, according to official figures released on Monday. Consumer credit resumed its downward trend after a brief progression in March, which followed six months
        53 words
      • Article
        Okinawa land set to be returned
        66 10 TOKYO The US military is expected soon to return some of the land it still occupies on Okinawa 20 years after it handed the island back to Japan, Foreign Minister Michio Watanabe said yesterday. Quoted by a Foreign Ministry official, he said the two
        66 words
      • Article
        Call for more cooperation
        61 10 TAIPEI Taiwan presidential adviser Chao Yao-tung yesterday urged the Taipei and Beijing government to set aside their differences and allow greater economic cooperation without political interference. "We should discuss mutual cooperation issues as Chinese rather than setting political pre-conditions as Taiwanese or mainlanders, the former economics
        61 words
      • Article
        Seoul posts surplus with Taipei
        59 10 SEOUL South Korea bucked a long string of deficits with Taiwan in the first quarter by earning a surplus of U*****.9 million (*****.5 million), the Korea Trade Promotion Corp (Kotra) said yesterday. Exports to Taiwan grew 63.1 per cent to U*****.5 million in the quarter
        59 words
      • Article
        Talks on Gatt farm issues
        61 10 TOKYO Japan's Agriculture Ministry is to send senior ministry officials soon to Australia, New Zealand and other countries to discuss farm issues linked to negotiations under the General Agreement on Tariffs and Trade. "We are waiting for the result of ongoing US-EC bilateral negotiations and
        61 words
      • Article
        Optimism over IMF deal
        78 10 WARSAW Poland's caretaker Finance Minister has said the International Monetary Fund could re-open its aid package in July, in spite of Parliament's approval for a huge public spending boost. Andrzej Olechowski said on Monday that the deal was possible because the extra spending approved last week
        78 words
    • Article
      Lock icon EC signs trade pacts with Baltic states and Albania
      558 10 Accords will help the four countries develop a market economy Reuter BRUSSELS The European Community on Monday signed 10-year trade and economic cooperation agreements with Albania and the Baltic states Estonia, Latvia and Lithuania. They are the last of the new
      Reuter  -  558 words
    • Article
      Lock icon Indian parliament passes vital finance Bill
      354 10 Rao government's reform Budget comes into effect Reuter NEW DELHI The Indian parliament on Monday approved a crucial finance Bill that gives effect to the fiscal Budget for the year ending March 1993, considered vital to back last year's economic reforms. The Upper House
      Reuter  -  354 words
    • Article
      Lock icon Big jump in number of Americans living below the poverty line
      514 10 Reuter WASHINGTON The number of American workers whose yearly irtcomes were insufficient to support a family of four above the poverty line has nearly doubled over the past 10 years, the Census Bureau said on Monday. Some 18 per
      Reuter  -  514 words
    • Article, Illustration
      Lock icon Some self-made billionaires no longer in list of richest Britons
      485 10 AP LONDON Some of the biggest self-made millionaires of the 1980s are missing from this year's list of richest Britons, but aristocrats and pop stars have had better luck holding onto their fortunes, the Sunday Times reported. Gerald Ronson, once
      AP  -  485 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      187 10 IfffiteVsir*"* RoyAl PALACE RESTAURANT PTE. LTD. UfN WINSLAND HOUSE 3 Killiney Road #81-02, Singapore 0923. Fax:73B 0922 Te1:732 8787. (A member of Tsui Hang Holding Pte Ltd) Qmr/ THE M P F PROMOTION 92 Come, indulge in live' lobsters at our special price. it, braise it or cook it BgQ
      187 words
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      Page 10 Advertisements Column 2
      89 10 7 YEARS AND 5 MILLION DOLLARS After 7 years and Call 227 3138 for your having produced fl f Annual Reports, close to $5m worth of M J Corporate Brochures, brochures, we are 1 M /f g Product Brochures, convinced that we I. Direct Mailers, should specialise. Wy Newsletters...heck Meet
      89 words
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  • FOCUS
    • Article, Illustration
      Lock icon Tourism stocks bounce back after rough ride
      1154 11  -  The mortal enemies of the tourist industry recession and fear of terrorism while still in the air, have waned. Philip Crawford reports on the return of the tourists. Philip Crawford IHT THE holiday season is beginning its springtime bloom amid high hopes for
      IHT; Source: IHT  -  1,154 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      387 11 1 st Day Weight of 1 SOlbs 4th Day Weight-loss of 71bs 2nd Month Weight-loss of lKlbs 4th Month Weight-loss of 40fl» A*. nuJ weight-L>ss results of Ms JuajueW Tim. Free of those extra pounds. Free of those extra inches. Free to be yourself. EXPRESSIONS SLIMFIT STUDIO Expressions isn't just
      387 words
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  • Article
    S Africa's new frontier
    446 12 EDITORIAL NO LONGER encumbered by economic sanctions. South African businessmen have begun to take a serious look at Asia. The visiting trade delegation from the South African Foreign Trade Organisation, the First official delegation since sanctions were lifted last year, must have found their reception here
    446 words
  • WHAT THE OTHERS SAY
    • Article
      Chinese alive and well
      228 12 ONE POSITIVE FEATURE of the Chinese Language Review Committee's report must be its laying to rest a twin-myth: the Chinese language is difficult to learn, and it is fast going the way of the dodo in Singapore. But the fact that Chinese is alive and well
      228 words
    • Article
      Drug problems
      87 12 BY HAVING a single council to look into the problems of drug addiction, Malay/Muslim organisations will be able to resolve problems of duplication. But apart from relying on volunteers, it is time for serious action in getting full-time counsellors. In fact, the council should also look into the
      87 words
    • Article
      Implement the proposals
      195 12 WE NO LONGER have Nantah or the old Pre-U system as sources of supply for Chinese language teachers. At present, there are very few outstanding students with Chinese as first language. And as they are also good at other subjects, it is doubtful whether they will be
      195 words
  • REGIONAL VIEWPOINTS
    • Article
      Election hopes
      209 12 IF PLEDGES made so far can be our guide, this year's balloting in the June 9 poll should be better than at any general election since 1971. The Golkar leadership, for instance, has promised the public that it intends to try to avoid any acts that would tarnish
      209 words
    • Article
      Stop the atrocities
      170 12 UNIVERSAL CONDEMNATION of Serbia's involvement in the Bosnian conflict must be supported by pragmatic actions. The world should not give any recognition to the formation of a truncated new Yugoslavia by the two republics of Serbia and Montenegro as long as the violence in Bosnia continues. The
      170 words
    • Article
      Untac is not ready to fight
      127 12 THE SERIES of Khmer Rouge attacks on Tuesday against areas held by the Phnom Penh government in the central Cambodian province of Kompong Thom is cause for alarm. According to United Nations peacekeepers, the assaults were the worst violations to date of the October
      127 words
  • Article
    What did that White Paper by Tokyo really mean?
    947 12 Spending more to raise the living standard of the Japanese is the key recommendation of a recent White Paper drawn up by the Japanese government. What is not so clear is: Will this be at the expense of domestic or foreign
    947 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      217 12 The Straits Times Weekly Overseas Edition. Acrisp summary of happenings in Singapore. Politics, the eSnomyinvestment opportunities,appointments... c iWsnippetsonMalaysiaancl yy#> Asean- A convenient tabloid delivered C* o c.* to you everyweek, whereever you may be Subscribe now And be in touch. mllF" IheStraiteHmea Making an issue of the major news I
      217 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      41 12 DOONESBURY by garry trudeau 1 I I \mM^fSSSrSn^l I I I /wzAiswrn-oKcsMwrm I taj&e I SUG6&TEP COUPONING OFF I I OMEiSTTB, YOU BETTER BB I I&6AND TOTAL! HJZMXJU? THE (MR- I /mXTTYN&HBOMOOPS 1000*1 j I PWWW TO BREMS66S, Z4*g NO PRISONERS.
      41 words
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  • ANALYSIS
    • Article, Illustration
      In pursuit of the best and the brightest
      1753 13  -  Anna Teo discusses the different deals offered by leading players in the scholarships business and the competition among them Anna Teo Concern that the public sector may not be getting its share of the country's best brains could be a little misplaced.
      1,753 words
    • Article
      Lock icon Governing principles
      1043 13  -  Derek MacShane says the new governor of Hongkong will not want to go down in history as a man who betrayed freedom Derek MacShane The writer is an international trade union official and writer based in Switzerland Far Eastern Economic Review I FIRST SAW Chris Patten 30 years
      Far Eastern Economic Review  -  1,043 words
    • Article
      How long does the cream stay settled?
      538 13 THE CHOICE candidates are wooed, netted and bonded. The bond notwithstanding, one question arises: how long do the scholars stay? With bond buyouts especially of government scholars a common practice in Singapore, the attrition rate must be one measure of success of a
      538 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      153 13 After a hard day in the business jungle, you may like to talk to our headhunted s There's no better base for adventures in the business jungle than Hyatt Kinabalu. A superb location and outstanding executive fccilities, make staying at Hyatt Kinabalu an astute corporate decision. Our rates are refreshing
      153 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      826 14 Nothing Beats A Bud. IBM where to wine, dine OF -|t arilf ?*V OWN KARAOKE! I It's your very own Karaoke party! King's Hotel has come up with a I Daily Karaoke package for groups of 10-200 people from 12 noon I to 5 pm. After your Penang Buffet Lunch,
      826 words
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      Page 14 Advertisements Column 2
      290 14 How To PbyHjippy 1 D lt s rea "v eas v once V Oll now I whaf we have in store for you and I > ,our family at The Stables. A I fif J super family buffet that'll delight I r\ even the tiniest of tots. So come I
      290 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      710 14 TELEVISION AND RADIO -.-■v. The Killer awoke before 4.00 El Pecado De Oyuki (M) BUSINESS ON RADIO j j $BCI2 dawn, he took a face from 4.35 PetroceUi. 1 f\ 1 I O TTT*O C the ancicnt and wa k 5.30 Casper A Friends (Cartoon). r BC go QmHZ in
      710 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Management gets the write-off
      770 15  -  The company is no longer the Japanese man's best friend, say a number of'insider' books which are attracting considerable attention. Yuri Kageyama has the details. Yuri Kageyama AP AFTER ll years of patiently working at a Japanese bank, Hamao Yokota finally had enough of the grinding
      AP  -  770 words
    • Article
      Lock icon The unravelling of the American dream
      698 15  -  Oscar-winning director Barbara Kopple tells Karen Goldfarb why she chose to film the bitter 1985 Hormel strike Karen Goldfarb Reuter DIRECTOR Barbara Kopple says her film American Dream, which chronicles the bitter strike at the Hormel meatpacking company in 1985 and won the Academy
      Reuter  -  698 words
    • Article, Illustration
      Another award for Dancing at Lughnasa
      454 15 CHATTERBOX BRIAN Friel's Dancing at Lughnasa has been named the best new play of the 1991-92 season by the New York Drama Critics Circle. The Critics Circle also selected August Wilson's Two Trains Running as the best new American play. Dancing at Lughnasa. a
      454 words
    • Article
      Lock icon Last season at the old Glyndebourne
      503 15 Reuter THE old walled garden s has disappeared into i a cavern of cement s and the potting sheds have i been removed. Glyndebourne, the quint- J essential English private i country opera house, has opened its last season before the tiny 58-year-old theatre
      Reuter  -  503 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      206 15 AND ENTERTAIN (Stan Power Lunch! The most talked-about Business Lunch in town. In the classical ambience of a hunter's lodge... Continetal Buffet spread for lunch Mondays to Fridays from 12 noon to 2.30 pm at $33.00+ per person. A For reservations, ANA HOTEL call 732-1222 extension 1582 or 1597. SINGAPORE
      206 words
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  • THE LAW PAGE
    • Article, Illustration
      The reasoning of a reasonable jury
      903 16  -  In a textbook on the English Legal System, published in 1984, the authors said that most opinions about the quality of a jury's decision and the desirability of its existence were based on speculation, sentiment and personal values. Selva Kumar reports. Selva Kumar THE
      903 words
    • Article
      Marriage without free consent
      518 16 CASE, GEETHA D/O MLNDRI V. ARIVANANTHAN S/O RETNAM High Court of the Republic of Singapore, Divorce No 3356/91. Judicial Commissioner K S Rajah. THE petitioner was 20 years old when "married off" by her parents. A matchmaker had come up with a proposal to which the
      518 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      118 16 1 Alcatel. Individual solutions for worldwide communications. Alcatel's world is one of communications. Above all, our worldwide expertise Our expertise is total and encompasses A world which is dedicated to advancing enables us to help develop communications all communications systems: Network Systems; the technological capability and under- systems for individual
      118 words
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  • SPORTS
    • Article, Illustration
      Lock icon Team-work the key to victory
      577 17 America's Cup Reuter SAN DIEGO, California Crisp crew work has emerged as a key to victory in the first two races of the America's Cup finals, with Bill Koch's America 3 team taking a remedial cram course ahead of race three yesterday. The once-maligned Italians
      Reuter  -  577 words
    • Article, Illustration
      Lock icon Getting set for the brawl at the Great Wall
      474 17 AP BEIJING China's first professional boxing event will feature a bout between former world heavyweight champions Tim Witherspoon and Tony Tucker in October. What is billed as "The Brawl at the Great Wall" on Oct 18 will actually be fought at
      AP  -  474 words
    • Article
      Lock icon The heart of America3
      718 17 AP SAN DIEGO A poster shows a big sailboat rising from a yellow wheat field instead of blue water. It's a sign of the mid-western roots of the Heart of America campaign for the 1987 America's Cup. A sea of red ink or a bowl of
      AP  -  718 words
    • Article
      Lock icon Lebow overcomes cancer, to run NY Marathon
      437 17 AP NEW YORK Fred Lebow will run a marathon less than three years after being diagnosed with brain cancer and being told he had six months to live. Lebow, who will be 60 on June 3, said on Monday that he will run
      AP  -  437 words
    • SIDE LINES
      • Article
        Forget, Ivanisevic crash out of Italian Open
        129 17 ROME The Italian Open, already suffering from a lack of big names, was hit by the defeat of two seeds in the first round on Monday. Guy Forget of France, the number six seed, became the main casualty going down 7-5, 4-6, 6-4
        129 words
      • Article
        Reynolds to take legal action
        130 17 LONDON World record holder Butch Reynolds said he would turn to the courts after track administrators on Monday refused to lift his two-year ban for alleged steroid use and ruled him out of this summer's Olympics. Reynolds tested positive for steroids after a meet in
        130 words
      • Article
        Robson to coach Lisbon
        67 17 LISBON Sporting Lisbon has given Bobby Robson a two-year contract in an attempt to recreate the success that an English manager brought it 10 years ago. Former England manager Robson signed the contract on Monday and is expected to start in July. He was released by
        67 words
      • Article
        Who will captain the team?
        75 17 MELBOURNE The position of Australian Davis Cup tennis captain is to be thrown open to applications for the first time in 23 years, casting doubt on the reign of veteran captain Neale Fraser. Tennis Australia, the sport's domestic governing body, said on Monday that the
        75 words
      • Article
        Ajax hot favourite
        69 17 PARIS Ajax starts today's second leg of the UEFA Cup final against Italy's as favourite to win the only European trophy which has never been placed in the club's trophy room. The Dutch club, winner of three consecutive European champions cups in the early 1970s and the
        69 words
    • Article
      Lock icon Australian wins fifth stage of Tour Du Pont
      207 17 Reuter HAGERSTOWN, Maryland Australian Phil Anderson burst from a large pack to sprint 10 metres to victory to win the fifth stage of the Tour Du Pont cycle race on Monday. But the top three overall leaders, including overall leader Dave Mann
      Reuter  -  207 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      39 17 CALLING ALL TELEVIEW USERS! SHINE! Come into our exciting travel database and experience the convenience of planningyourholiday electronically! And don't forget to enter our Travel Talk' contest by simply submitting your way to winning high-tech Yashica cameras! i r
      39 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Electronics and property capture the spotlight
      3488 18  -  By Joseph Rajendran SHARE PRICES on the Singapore stock market ended marginally lower yesterday as investors stayed sidelined, preferring to maintain a wait-and-watch attitude. The benchmark Straits Times Industrials Index slipped 0.52 point to close at 1,458.57. Trading volumes continued to lan?uish at 35.87
      3,488 words
    • Article, Illustration
      Lock icon HOT STOCK
      80 18  -  By Chew Eng Han Comment AS predicted, Promet broke below 48 cents and fell to 42 cents over the past few months. The stock is now close to a long-term bottom, but another drop to 38-40 cents is possible before a major rally. Alternatively, the 44-cent level may
      Source: Bridge Info  -  80 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2783 19 GE Life 1900 30 +1.61* Inchcapc 620 25 +4.2% Robinson 605 +25 F4.3% DBS 11 SO 20 18% DBS Foreign 1360 20 15% SPH Foreign 1310 +20 t 1.6% SI A Foreign 1880 +10 +0 5% llai Sun Hup 20* 260 7 +2.8% Semb Maritime
    2,783 words
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      90 19 A MONTHLY MAGAZINE OF BUSINESS TRENDS 1 Older workers and the low-skill, low-wage trap Shanghai woos the foreign Investor I What 'pay' TV will mean for ad budgets Banking on the personal loan market K|BgHßfc Og A homegrown fund manager makes waves The growing market appetite for dells I This
      90 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    2955 20 MISC Foreign 498 6 +1.2% Berjaya Leisure I30 +3 ►2.4% Sime Darby 50 1 269 +3 f 1.1% KL Industries 74 2' (-.1.5% Esso 50* 442 2 *0.5% DMIB Bhd 50* 93 I V> 1.6% I~ongkah llldgs 101 IV; 1.5% Amal Steel 50» 213 fl
    2,955 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      123 20 I Join the Chinese newspapers in their TRIPLE CEIEHWOTQNS The Chinese newspapers in Singapore have come of age. All the three Chinese dailies will be celebrating with their own special features highlighting their past successes and future directions. As an advertiser, you are invited to take part in the TRIPLE
      123 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Shares end lower on lack of follow-through support
      5261 21 KUALA LUMPUR share prices were easier at the close yesterday after retreating further in the afternoon on liquidation and lack of follow-through support. A weaker close in Tokyo also hurt sentiment after Wall Street's overnight gains had supported an initial rise, brokers
      5,261 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      PROPOSED ISSUES
      593 22 Company Rights Issue Munce Itch One for-one $1 00 pe: CASH Three-tor-two <u MM SO pet share D4C Bar* One for two*, M$lj25per jhare Golden Hop* One-tot sn WJ1 50 per share H Leonf M Two t»r ftwe M$3 35 per share Issue of $28 07m 51 Redeemable
      593 words
    • Article
      RESULTS FORECAST
      419 22 Main Board L«t Fri Year Forecast 0... Net Net Pre* EK unci Tear EPS Cress pre* N« Company Perni last jr en** *> W S5 SM F May 20 Mar 92 143 2 40 0 912.800 986 9-***** 1539-184 0 Metro HMgs F Jun 13 Mar 92 110
      419 words
    • Article
      DIVIDENDS ANNOUNCED
      1624 22 Current Ex Books Date Total for Total for payment date dose payable the year last year tana 5% iun 5 Jim 18 Jul 2 122% 10%TE Awno 20c 125%TE Mar 3 Mar 13 May 15 175%IE 12SITE B Raya 1% lun 24 Jul 8 Jul 20 3% 2%
      1,624 words
    • Article
      PRELIMINARY RESULTS
      280 22 Company Date Year Group pre-tax Wt oaratap 9nm ana to profit/lots (L) par share dhridea* (•000) (coats) Metroplei May 11 Jan 92 M$35.899($28.160) 28(22) 6(6) Promet May 8 Dec 91 M$22,036($2.777l) 35(-) Venture Mfg May 7 Dec 91 $4.495($2.530) 5(34) -<-) M Credit May 6 Mar 92 $20.957($18,582)
      280 words
    • Article
      OTHER RESULTS DUE
      638 22 M ird last M Year Mam Marc ConpMy Phiad Me Tear W "J «mcc4 (cts) *r pri* lyyt yyy (S$*IH) IMS Final Nov 6 Jul 91 3.NE *****1 lacks M Final Apt 30 Jan 92 2281 HTF Mdgs Final May 6 Mar 92 4.5 3 3 6.032
      638 words
    • Article
      INTERIM RESULTS
      348 22 Company Date Half-yur Grovp pro-tax Interim am to profit/less (L) dividend C000) Goodwood Park May 7 Mar 92 $20,643($14,753) *5(35) H Msia May 7 Mar 92 $4,445(5313) 20(5) SPH Apr 24 Feb 92 S123.204(J110.396) 10(8) Times Pub Apr 20 Feb 92 $18.782(125,132 4(4) New World Apr 1 Dec
      348 words
    • Article
      COMPANY MEETINGS
      124 22 Kings Hotel Ltd: 24th AGM at 16 Raffles Quay, #26-00, Hong Leong Building, Singapore 0104, on Wednesday. May 13, at 11am Keppei France Ltd: EGM at the Board Room. Keppel Corporation Ltd, 325 teiok Blangah Road. Singapore 0409, on Wednesday. May 13, at 10am Overseas Urion Trust Ltd:
      124 words
    • Article
      SCRIPLESS CONVERSIONS
      46 22 Conversion Special Trdg Scnpiess Conversion deadline Period I radinn Company starts (IDP) (ST) starts Gold Coin May 12 Jun 8 {"J 1 23 keppel Finance* Jun 10 Jul I Jun 19 Jul I Jul 2 UOL Apr W May a^ Footnote: indicates proposed dates.
      46 words
    • Article
      CORPORATE DEVELOPMENTS
      207 22 May 10 Fraser Neave and Coca Cola have signed a joint-venture agreement to form F&N Coca Cola Pte Ltd which will produce and market F&N brands like Sarsi and 100 Plus, as well as Coca Cola products. UOB has confirmed that the bank has increased its shareholding in
      207 words
    • Article
      RECORD HIGHS & LOWS
      148 22 RECORD HIGHS LOWS BT Composite Index ST Industrials index 1992 hiffi: 1316 68 21/2/92) [J?*** jjjJIJX 1992 km: 1191 31 (09/4/92) g-g J/9 1991 htfi: *****8 (3/6/91) JJJJ 1991 low: *****2 (16/1/91) JJ'-" 1990 h«h: *****3 (16/7/90) Jg Jf g®[J2 ".j J 1990 km: 981 07 (09/11/90) JJJJTL 27 '3
      148 words
    • Article
      AUDITED RESULTS
      375 22 Company Date Yow 6roe# Mot Hot oorotafs fr*** MR to proM/toss (L) por start iMiwi COM) (co«t*) CPropert.es May 11 Dec 91 $6.943($7,874) 231(26 2) 50(40) NatSteel May 11 Dec 91 $41,863(552,515) 19 7(24 7) 16(16) Singatron May 11 Dec 91 $4,258(56,847) 2.5(4.0) 125TE(12 5TE Ul Securities May
      375 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      761 22 Stock Trans 1 Date -1 Kegistereo Holder Substantial Shareholder/Director Buy/ Sell Shares Involved AmoMRt 1 Shareholdings iefore Chge After Chge QUE DBS Land DBS Land y>mb Shipyard Semb Shipyard SIA Keppe) Corpn DBS Land UOB Heshe HWgs DBS Land NOL DBS Land DBS Land II 1 Securities
      761 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      371 22 In local ciirr In SS In d> S >t Ay S yr dy yr Index chge chge chp chgc chge chge Worid 400.3 0.5 -2.0 0 4 -3.8 0.4 -5.5 iEAFE 484 6 0.4 -3.5 0.6 -7.3 0.5 -8.9 Europe 458.2 0.3 11.4 0.6 6.7
      371 words
    • Article
      APPROVED ISSUES
      173 22 Company Others Bolton Issue ot $90 9/8m nominal amount of 35% Redeemable Unsecured Guaranteed Bonds 1992/9/ with 45 489m detachable TSRs on the basis of $2 nominal amount ot Bonds for every three existing shares held Ex4ate Apr 15 Books close Apr 30 Acceptance Payment Jun 15 First
      173 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Market finishes sharply lower on profit-taking
      2160 23 Reuter INVESTORS who bought shares last week when prices were declining yesterday sold to take profits from Monday's rise while others sold on concern over political uncertainties, brokers said. The SET index ended 20.07 points, or 2.59 per cent, lower at 754.63 on turnover
      Reuter; Source: Bridge Info  -  2,160 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Index ends marginally higher in slow trade
      1206 23 STOCKS closed little changed in selective buying yesterday, with the official index edging up 0.13 point to 288.78, brokers said. Trading was slow and turnover fell to 4.87 million shares from Monday's 7.44 million. Cigarette company Sampoerna closed 50 rupiah lower at 2,900.
      Source: Bridge Info  -  1,206 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      12 23 m j onagers /l/lust V lanage BT shows you how every Monday.
      12 words
    • Advertisement
      Page 23 Advertisements Column 2
      59 23 1 Such a market "for choice jobs, 1 -fresh exeoy ciay J ANY JOB. ANY CAREER. AVAILABLE ANY DAY. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New Paper Lianhe zaobao lianhe Wanbao Shin Min Daily News Berita Harian Berita Minggu Singapore Pi 99» Hokthg* I
      59 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares close lower on profit-taking
      2549 24 Reuter TOKYO stocks ended moderately lower on program selling and profit-taking yesterday, but brokers said widespread small-lot buying kept falls minimal. The recent rally was due for a pause, and upcoming corporate results bear some watching, but underlying sentiment was turning bullish, they said. "The
      Reuter  -  2,549 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Market hits new high despite late selling
      2645 24 Reuter HONGKONG STOCKS yesterday ended at a new high for the fifth time this month, although mild profit-taking by fund managers before the close took some of the edge off early afternoon gains. "So many people have been waiting to buy when the
      Reuter  -  2,645 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks surge to highest level since November
      2152 25 Reuter THE Australian sharemarket closcd at its highest level since November 1991, helped by strong buying interest in leading stocks. After a slow start, the market took off mid-morning when offshore buyers appeared. "The market was boosted by overseas buying, some Asian, along
      Reuter; Source: Bridge Info  -  2,152 words
  • REGIONAL STOCK MARKETS
    • Bearish sentiment still plaguing Seoul stocks
      • Article
        SEOUL
        861 25 SELLING of large-capitalisation shares overcame a slight technical rebound and dragged the Seoul market down for the sixth consecutive session yesterday, brokers said. "The market tried to rebound, helped by reduced institutional investors' selling, but lack of follow-through buying failed to bounce the market," a Dongsuh Securities broker said.
        861 words
      • Article
        TAIPEI
        528 25 TAIPEI share prices fluctuated narrowly to finish slightly higher yesterday as Monday's 3.6 per cent index decline continued to discourage investors and limited bargain buying at the lows, brokers said. The weighted index ended at 4,289.24, up 21.07 points. Turnover fell to NTS 13.28 billion. Brokers said the impact
        528 words
      • Article
        NEW ZEALAND
        304 25 STRONG overseas support for foresters Carter Holt Harvey and Fletcher Challenge pushed the New Zealand share market 1.5 per cent higher at the close. Brokers said good performances from overseas bourses on Monday and a lack of sellers pushed prices up in most leaders. CHH rose 11 cents
        304 words
      • Article
        BOMBAY
        74 25 BOMBAY Stock Exchange (BSE) share prices plunged on Monday on reports that the bourse's biggest player was involved in a growing securities scandal, brokers said. Newspapers reported that Harshad Mehta diverted 20 billion rupees from state-owned banks to play in the market. Mehta paid back 6.22 billion to one
        74 words
      • Article
        INDICES & TURNOVER
        49 25 INDICES TURNOVER Close Previous May 12 NEW ZEALAND NZSE-40 Capital 1.494.95 1.472.34 22.61 MANILA Composite Index Closed Closed Turnover (mil pesos) Closed Closed TAIPEI Weighted Price Index 4.289.2 4.268.17 +21.07 Turnover (NTS billion) 13.28 17.8 -4.52 SEOUL Composite Stock Index 586.40 587.52 -1.12 Turnover (billion won) 241.2 326.3 -85.1
        49 words
      • Article
        Untitled
        400 25 I Manila May 8 Peso +/-Vol C000) A.Soriano Corp 1.580 -.020 45 Abra Mining Corp 009 unch 6000 Alcorn Pet 031 unch ***** Alcorn Pet.-B 032 unch ***** Anglo Phil-Oil A 006 Apex Mining A 004 Apex Mining B 004 Atlas Cons A 13.000 2.000 4 Atlas Cons B 14.500
        400 words
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  • WORLD STOCK MARKETS
    • Dow soars on prospect of lower rates
      • Article, Illustration
        NEW YORK
        1458 26 US BLUE CHIPS rose sharply to record highs on Monday, propelled by persistent optimism that the Federal Reserve will lower interest rates another notch. The Dow Jones industrial average ended up 28.17 points or 0.8 per cent to a record close of 3,397.58. It was the 19th record
        1,458 words
      • Article, Illustration
        LONDON
        839 26 LONDON SHARES closed at a new record high on Monday, following last week's breakthrough, but closed off the day's highs. The FT-SE 100 Index closed at 2,737.8, up 12.1 points from last Friday's close, after rising by over 18 points mid-morning. It broke its previous all-time closing record of
        839 words
      • Article
        MILAN
        154 26 THE Milan stock market hit its low for the year on Monday, as the MIB index ended the session at 963 points, ofT by 1.03 per cent from the Friday close. Operators said the market was depressed by political uncertainties, as the country has neither a president nor a
        154 words
      • Article
        ZURICH
        251 26 SWISS SHARES ended a busy session on Monday at a new year-high, led by chemical group Sandoz and major banks. The all-share SPI index rose 9.4 points to close at a new year-high of 1,216.7. The SMI index of leading shares added 14.5 to close at 1,963.6, also a
        251 words
      • Article
        STOCKHOLM
        69 26 SWEDISH SHARES ended at a yearhigh on Monday fuelled by a sharp fall in credit market yields and stronger foreign markets, dealers said. The all-share index closed 0.40 per cent up at 999.89 on the day, the highest since March 25, while the top-16 index rose 0.36 per cent.
        69 words
      • Article
        TORONTO
        325 26 TORONTO STOCKS surged 53 points or 1.6 per cent on Monday as pressure on bank shares lifted after the market finally heard some bullish news on Olympia York, dealers said. Newspaper reports said the UK government may relocate some of its offices into O&Y's Canary Wharf. But government officials
        325 words
      • Article
        JOHANNESBURG
        383 26 CONTINUED strong gains in leading share prices sent Johannesburg Stock Exchange indices higher in quiet trade on Monday as the market edged closer to its all-time highs reached in January. Dealers said the shortage of scrip, which forced institutions to drive prices higher, was the main constraining factor of
        383 words
      • Article
        PARIS
        148 26 THE CAC-40 INDEX rose 0.68 per cent on Monday to 2.077.49. The Paris bourse's blue chip index will soon shatter its all-time high and over the longer term can pile on even more substantial gains, analysts said. In the past two weeks, the CAC-40 index has convincingly broken above
        148 words
      • Article
        AMSTERDAM
        126 26 MOST Amsterdam shares ended a fairly quiet session firmer on Monday though the bourse failed to break new ground as the power of isolated stocks was offset by a lack of volume, dealers said. After again testing resistance at 318, the EOE index closed just shy of that chartists'
        126 words
      • Article
        FRANKFURT
        289 26 GERMAN SHARES ended a quiet session on Monday mostly higher, shrugging off worries about industrial action as metalworkers continued their token strikes. Dealers said trade had been thin, with foreign investors largely absent from the market. But moderate buying of key blue chips had helped the market post a
        289 words
      • Article
        BRUSSELS
        171 26 BELGIAN SHARES closed around half a per cent higher on Monday despite a lower close by the market's leading share oil major Petrofina. The Bel-20 index of leading shares ended 0.54 per cent, or 6.64 points, higher at 1,225.63 points. Petrofina, which ended down 50 francs to 11,500, accounted
        171 words
      • Article
        INDICES & TURNOVER
        75 26 INDICES TURNOVER NEW YORK Dow Jones S&P 500 Turnover (million! Close 3.397.58 418.49 155.7 Previous 3.369 41 416.05 168.73 Vlav 11 28.17 +-2.44 -13.03 LONDON Financial Times 30 FTSE 100 Turnover (million) 2.147.1 2.737.8 6448 2.725.7 2.134.7 896.2 +-12.4 12 1 -251.4 FRANKFURT DAX Index 1.***** 1.748.18 4 85 AMSTERDAM
        75 words
      • Article
        Untitled
        45 26 Vienna May 11 Ascti Akg Holding 2375 unch Bank Austria (P) 482 11 E Allgem (P) 2400 10 Jungbunzl ***** 120 Lenzing 1017 -3 Leykam 397 unch Montana Oesterr Brau 3650 Semperit 97 1 Steyr 208 4 Veitscher 359 -1 Source: Z- Landerbank Bank Austria
        45 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback ends weaker on speculative sales in Tokyo
      1240 27 REPORTS TOKYO: The US dollar yesterday ended down against the mark and yen in Tokyo on speculative buying of marks for the dollar and yen from overseas in the afternoon, dealers said. Rumours that a South-east Asian central bank sold dollars against
      1,240 words
    • Article
      Lock icon C$ seen to continue weakening
      379 27 Analysts blame budget woes, expected rate cuts Reuter NEW YORK The Canadian dollar will continue to weaken on the country's budget woes, expectation of further interest rate cuts and weak technical patterns, analysts say. "Things still look weak for Canada. The daily studies are falling,
      Reuter  -  379 words
    • Article
      FINANCIAL FUTURES
      1332 27 SIMEX EMHHMH.LM Open High Low Sett Est Vol Act/Vol Op/lnt Jun 92 96 00 96 02 96.00 96.02 1910 2427 ***** Sep 92 95.69 95.69 95.67 95.68 4155 4711 ***** Dec 92 95.01 95.01 94.99 95.00 2114 2507 ***** Mar 93 94.81 94.82 94.79 94.82 1220 1089 4898
      1,332 words
    • Article
      INTERBANK FOREX RATES
      376 27 Crass rates May 12 US SS MS Dm Yen SFr AS NZS USS 1.6480 2.5360 1.6380 133.00 0.5571 1.5260 1.3360 1.8762 SS 0.6068 1.5388 0.9939 80.7039 0.3380 0.9260 0.8107 1.1385 MS 0.3943 0.65 0.6459 52.4448 0.2197 0.6017 0.5268 0.7398 Dm 0.6105 1.0061 1.5482 81.20 0.3401 0.9316 0.8156
      376 words
    • Article
      MONEY MARKET
      533 27 Interbank rates S$ Bid Offer Overnight 2 7/8 3 1-month 2 15/16 3 1/16 2-month 3 3 1/8 3-month 3 1/16 3 3/16 Overnight mode: 2-13/16 USS Bid Offer 7 days 3 13/16 3 15/16 1 month 3 3/4 3 7/8 2 months 3 13/16 3 15/16 3
      533 words
  • Page 27 Advertisements
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  • COMMODITIES
    • Article, Illustration
      Lock icon Big gas find off Sarawak may lead to new LNG plant
      306 28 MBT KUALA LUMPUR Substantial gas finds by US Occidental Petroleum Corp offshore Sarawak could lead to the establishment of another liquefied natural gas (LNG) plant. Industry sources said the final decision, however, will depend on the economic viability and
      MBT  -  306 words
    • Article
      Lock icon Ecuador banana producers urge action against EC quota plan
      236 28 AFP QUITO Ecuador banana producers on Monday called for coordinated action by Latin American governments and businesses to combat a European Community proposal to impose quotas and tariffs on their fruit. The EC move would have a major socio-economic impact on
      AFP  -  236 words
    • Article
      KL tin hits seven-month high of M$14.99 per kg
      829 28 REPORTS TIN PRICE on the Kuala Lumpur Tin Market yesterday fetched a seven-month high of M$ 14.99 per kg (last recorded on Oct 1, 1991), up 18 sen from Monday due to heavy covering interest. Dealers said the firmness was in
      829 words
  • Article
    PRICES
    1456 28 Rubber May 12 MS (llfcin W»») S cents/kg Noon Close Int 1 RSS Prompt 140 25/141 25N 140 50/141 50N Int I RSS June 92 140 25/140 75 140 50/***** Inl 1 RSS July 140 25/140.75 140.50/141 00 Int 2 RSS OP 140.50/141 50N 140.50/141 50N Int 3 RSS
    1,456 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      492 28 BUSINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3098 UQUOR LICENCE NOTICE NOTICK IS HEREBY GIVEN that, I Lim Soo Yong of Blk 435 Clementi Ave 3 #06-214, Singapore 0512, have applied for a Beer House (2nd Class) licence in respect of premises at M/s Lim's Delight
      492 words
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      Page 28 Advertisements Column 2
      6 28 Innovation Technology in BT every Tuesday
      6 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1207 29 City Flight ETA Flight ETD tkm PfcaM GA886 0010 AMaMt QF81 1955 QF82 2205 SQ227 2245 Awrtrton GA895 1100 SQ324 2200 KL837 1255 KL838 2240 Mtrnm 0A471 0055 0A472 2240 narhlini MZ21 1820 NZ22 1940 SQ286 2030 SQ7295 2245 wmmm* ga9 11/524 osoo Baatfar Sari BI421
    1,207 words
  • THE TRAVEL PAGE
    • Article, Illustration
      The only thing to do is shop
      551 29  -  POSTCARD FROM LEBANON By Haitham Haddadin JUST ABOUT all you could buy here 10 years ago was fish, but now, the south Lebanon port-village of Naqoura offers anything from Texan boots to Japanese electronic gadgets. Thousands of enterprising Lebanese traders have transformed the
      551 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      150 29 As at 3pm yesterday. Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2283 1.2450 Canadian dollar 1.3530 1.3805 NZ dollar 0.8678 0.8855 Sterling pound 2.9452 2.9855 US dollar 1.6440 1.6520 Local dollars to 100 units of foreign cwrcocy Austrian schilling 14.14
      150 words
    • Article
      WORLD TRADE EXHIBITIONS
      75 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel May 26-31 International Istanbul. Afeks Organizas- (90)1/*****20 June 1-7 International Buenos Aires Argentine 541-*****09 Construction Turkey yon Pazartama Exhibition Federation of Machinery Bldg Ve Ticaret AS of Rubber the Rubber Technology Industry Exhibition June 3-9 Beijing Inter-
      75 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      42 29 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details. £fVA/Af/7//7 We know Europe from atari to Fimrioh.
      42 words
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      Page 29 Advertisements Column 2
      26 29 For information on where to buy your copy of: Her World, Go, Singapore Business, Home Decor, Young Parents call our Customer Services Section on 749 2577
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      Page 29 Advertisements Column 3
      935 29 BUSINESS TIM E__S__ Toll-free Tel No: 737-0043 Fax No: 734 3608 NOTICE NOTICE IS HEREBY GIVEN that. I, LEONG DING FENG of Blk 82, Commonwealth Crescent #15-157 Singaporeo3l4 have applied for a First Class Public House (Extended) licence in respect of premises at M/s 62 L. A. at No 62,
      935 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      220 29 1 Evil confronted Anglicans ~~j|| Racer to show off an vision (4) 16 Clocked on when under MM R^H pressure to get the job to a show jßl—jßLl-fIE-Z |T~ 26 Turned up in a demure trousseau (9) 7 She tends to give direc- 24 Bill has a yen to produce
      220 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      163 29 Singapore Outlook: Showers over several areas in the afternoon. Report Maximum temperature 32.7 Assoc humidity 63% Minimum temperature 24.9 Assoc humidity 97% Hours of sunshine 6.05 Rainfall in mm 6.2 Rainfall this month 36.8 Rainy days this month 6 World report Asia-Pacific Hi/Lo* Cond. Auckland 12/07 Cloudy Bangkok 38/28 Clear
      163 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      45 29 .i r /no Vooß Cat u>p>S s»n»KJG on my ojsm»oiJ PND PQP^T^^CP----"T"7!O i "ft*> f I "PR'6XS MOV£,Miro HE. ScRPfItHED "THE. ft J VFP>ce OF my pn'cxey rouSC ujfVCH STJ I p-p I" V-A£fM>l6 9 BULBS Pj AIR I r »»*OC«*T6O NCTWWWW LTD IWIIW 6674
      45 words
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  • Article, Illustration
    Suchinda to resign after parliament passes amendment
    492 30  -  Pledge comes amid fears amendment won't be made From Ben Davies in BANGKOK THAI Prime Minister Suchinda Kraprayoon, under pressure after a week of public protests against his appointment, yesterday pledged to resign after parliament passes a constitutional amendment. In an address to
    492 words
  • Article
    Lock icon Thai govt to increase budget set by predecessor
    300 30 Reuter BANGKOK Prime Minister Suchinda Kraprayoon's Cabinet has increased a proposed national budget inherited from its predecessor but retained a policy of avoiding a fiscal deficit. A government spokesman said yesterday the adjusted Thai budget for the year starting Oct 1, 1992,
    Reuter  -  300 words
  • Article
    Lock icon Rise in exports boosts German trade figures
    469 30 Reuter FRANKFURT A sharp rise in exports that helped fatten Germany's trade surplus in March reflected an upturn in global demand and suggests a further strengthening of the country's trade position, economists say. The pan-German trade surplus more than doubled to 4.9 billion
    Reuter  -  469 words
  • Article
    Lock icon KL tin's new high may be start of price recovery, say analysts
    225 30 Reuter KUALA LUMPUR Malaysian tin prices closed at a seven-month high yesterday, signalling what some dealers said could be the start of a long-awaited price recovery. "(Yesterday's) rise may be the beginning of a major upward trend," a
    Reuter  -  225 words
  • Article
    Lock icon Engineers' union delays decision on strike ballot
    234 30 AFP FRANKFURT Fears of disruption in Germany's key industrial sector of engineering eased yesterday as IG Metall, the country's biggest and most powerful union, postponed a decision on whether to call a strike ballot to press a 9.5-per cent pay demand. The postponement
    AFP  -  234 words
  • Article, Illustration
    Lock icon Australia cuts immigration intake by 28pc
    425 30 UPI AFP SYDNEY Australia has announced a 28 per cent reduction in its migrant intake for 1992-93, tightened requirements for skills and placed greater emphasis on the need to speak English, officials said yesterday. The total number of immigrants will be cut from 111,000
    UPI; AFP  -  425 words
  • Article
    UN jurists blast Britain's handling of HK
    365 30  -  Ignominious betrayal of Hongkongers, says commission From Catherine Ong in HONGKONG THE International Commission of Jurists (ICJ), a world body of judges and lawyers which monitors compliance with United Nations human rights laws, has slammed Britain's handling of Hongkong's political future as "shabby
    365 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      177 30 CHARTPOINT Every Saturday in Business Times MBMiii—MiiMMMMWi 11 i inline— hii i l l wmm IMImBmB IHIIK u An invitation to a FREE exhibition of Western Australian Investment Properties* Discover the benefits of investing in prime residential and commercial properties in Perth on the beautiful Swan River. Singapore Hilton Hotel,
      177 words
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      Page 30 Advertisements Column 2
      4 30 Commodities report, Pg 28
      4 words
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      Page 30 Advertisements Column 3
      87 30 CHARTPOINT Every Saturday in Business Times KHAW AND SONS Specialist Teachers of Mandarin. C HOLIDAY CLASSES N for CHILDREN by an experienced bilingual teacher from Beijing and a well-known local music teacher. Lessons feature: Poem Reading Drawing Singing Chinese Dancing Simple Calligraphy Story Telling Reading and Writing Twice a week
      87 words
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  • SHIPPING TIMES
    • Article
      Pacific Carriers to set up offices, buy more ships
      510 31  -  By Rahita Elias SINGAPORE Listed Pacific Carriers Limited (PCL) has launched an expansion programme to establish more overseas offices and acquire additional ships. In the group's 1991 annual report, PCL chairman Kuok Khoon Ean said: "The company will establish offices in
      510 words
    • Article
      Lock icon UK insists on having border controls in single market
      261 31 AFP BRUSSELS Britain insisted here on Monday that it would resist pressure to drop passport controls at airports and harbours after the European Community launches its single market on Jan 1 next year. British Foreign Secretary Douglas Hurd said during a
      AFP  -  261 words
    • Article
      Lock icon Japanese firms to bid for tanker tender
      137 31 Reuter TOKYO Japanese shipbuilding firms will bid for a tender issued by Abu Dhabi National Oil Co (ADNOC) to build four 135,000-cubic-metre class liquefied natural gas (LNG) tankers, oil industry sources say. The tender, due to close on Aug 1, is for January
      Reuter  -  137 words
    • Article
      Lock icon Petronas unit expects M$1b in turnover
      140 31 Bernama KUALA LUMPUR Petronas Marine Sdn Bhd, a wholly owned subsidiary of Petronas, is expected to reap turnover between MsBoo million (Sss2o million) and Msl billion per year when its five Liquefied Natural Gas tankers become fully operational by 1997, its chairman, Dr Abdul
      Bernama  -  140 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1159 31 Page Col ABC Containerize 12 1 < Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 < Alpha Feeders 18 3 Anglo Orient 16 1/2 i •ANL 3 1/2 i APL 5 3-5 A cWarehousing 15 5 Arrow Int 9 2
      1,159 words
    • Article
      Armed pirates raid another ship off Bintan
      439 31  -  By Ramesh Divyanathan SINGAPORE Armed marauders attacked yet another ship in the Riau Archipelago early this month. This time, a Pacific International Line (PIL) container ship bound for the Indonesian port of Semarang was hit on May 3 by five armed pirates, said
      439 words
    • Article
      Lock icon Strikes paralyse French ports
      255 31 AP PARIS Striking dockworkers closed down nearly all French ports on Monday, walking off the job for a week to protest against proposed reforms to their relatively protected positions. With the exception of Saint Nazaire, Brest and Cherbourg, ports in France were paralysed. It was the
      AP  -  255 words
    • NEWS SUMMARY
      • Article
        ANL seeks time out
        32 31 WHILE Australia's national flag carrier ANL looks forward to its privatisation in about three years, it is lobbying for extra time to get its act together Page 2
        32 words
      • Article
        Malaysian Helicopter ventures into shipping
        35 31 UNDERPINNED by a boom in oil and gas exploration activities in the South China Sea, Malaysian Helicopter Services Berhad (HMS) expects to chalk up strong growth this year Back Page
        35 words
      • Article
        Japan's car exports to US below limit
        45 31 JAPAN'S top car makers exported 1.76 million cars to the United States in fiscal year 1991, about 25 percent below their voluntary export limit of 2.3 million cars, the Japan Automobile Manufacturers Association said on Monday Back Page
        45 words
      • Article
        South Korea's bullet train deal delayed
        39 31 THE South Korean government has asked for new quotes from firms in France, Germany and Japan bidding for a high-speed train contract after judging their first quotes unrealistic, project officials said Back Page
        39 words
      • Article
        Bahrain to sell less fuel oil to Singapore
        42 31 THE Bahrain National Oil Company (Banoco), facing growing competition from the US and South America, will sell about one million tonnes of fuel oil to Singapore this year, a Banoco official said Back Page
        42 words
    • LOG BOOK
      • Article
        Cars barred from Athens
        71 32 ATHENS Private cars have been banned from central Athens on Tuesday in an effort to disperse a cloud of smog blanketing the city and its ancient monuments. The Environment Ministry issued the ban after air pollution reached high levels and city streets were choked with a
        71 words
      • Article
        Cypriot bulker berths at Singapore
        72 32 LONDON The Cyprus-flag bulker Golden Promise berthed at Singapore after salvors corrected shifted cargo, Lloyd's Shipping Intelligence Service said. Lloyd's said part of the 26,610-dwt vessel's cargo had been discharged onto the wharf via a barge. Earlier reports said the deck cargo had shifted at
        72 words
      • Article
        Senate approves funds for subs
        80 32 WASHINGTON The Senate Appropriations Committee voted on Thursday to preserve two Seawolf submarines President Bush wanted to eliminate but still cut US$424 million (Ss7oo million) more in federal spending than the administration had proposed. The committee action reflected conflicting trends. Members of Congress are forced
        80 words
      • Article
        Cambodian airline launched
        51 32 PHNOM PENH Cambodian International Airlines, a jointly owned Thai-Cambodian venture, has begun operating a scheduled service between Phnom Penh and Bangkok. The airline, currently operating one Boeing 737-200, will operate 10 flights a week to Bangkok and is planning to open new routes soon to Singapore and
        51 words
      • Article
        Mitsui seeks licence for turbines
        86 32 TOKYO Mitsui Engineering Shipbuilding Co Ltd is seeking an additional licence from Asea Brown Boveri AG (ABB) to produce larger turbines for electric power generation. Mitsui will begin talks with ABB soon to renew an existing 10-year agreement. Mitsui is seeking ABB's licence to produce
        86 words
      • Article
        6 killed, 50 hurt in lorry crash
        63 32 HAVANA Six people were killed and more than 50 injured when a lorry carrying day-trippers back from a beach came off the road in eastern Cuba on Saturday. Pnvatelyowned cars and lorries have started carrying passengers in Cuba because a fuel shortage on
        63 words
      • Article
        M'sia, SA to hold air link talks
        47 32 KUALA LUMPUR Transport and aviation officials from Malaysia and South Africa will meet here next week to discuss a bilateral air services agreement. The meeting was set up during talks the two Transport Ministers had last week in Cape Town.
        47 words
    • Article, Illustration
      Lock icon ANL seeks time out
      1021 32 While Australia's national flag carrier ANL looks forward to its privatisation in about three years, it is lobbying for extra time to get its act together Lloyd's List Australian National Line (ANL) is preparing for privatisation in about three years' time while trying to rein in
      Lloyd's List  -  1,021 words
    • Article
      THE SHIPPING GUIDE
      13019 40 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
      13,019 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        510 47 Vmd frylb 9m* MmI Pmartiw towl Hoy W» Bar* fcrkrd D^wrtiw Marina Terminal 1 Jurong Port K1 m Batam Baru B146 M04 alongsde 1205/2300 I Man Hung ID J2 alongside 13.05/2300 Batam Mam *****2 M01 alongside 12.05/2300 Niaga 42 SJ7/92 J3 alongsde 1305/0700 Batam Sayai* *****2 M05
        510 words
      • Article
        IN MALAYSIAN PORTS
        212 47 Wwrt Ntt Berth: 1: Daka Roja; 2: ml; 3: Wu Chang; 4: Chang A* 5: mi; 6: Sea Ranger. 01 jetty- Nya Erenberg, Santi, Petro Bulk Rulef. DCh mi. Due on May 12: Blue Sea. Nur Manna, Melaka Jaya I, Qmg Jiang. Dm on May 13: Golden
        212 words
      • Article
        CONTAINER SCHEDULE
        1407 47 DELIVERY OF Fa IMPORT CONTAINERS IN PROGRESS 5 STiS Cafctanmttb a» »>» Ca«*e»awMli D Kalimantan Is" 05 92 0710 to lade MB COOJEST) 12-0592 1500 Ark Cuner 9203S 11.05.92 0745 Kuaia Siak 5 978 COO(EST) 12.05 92 1900 5) 1105.92 0850 (Xante 02N COO(EST) 12.05.92 1500 Ev|e Wind
        1,407 words
    • Article
      TRANSPORT DIARY
      953 48 May 15-16 (ltt days): ISO 9000 for Warehousing and Distribution Centres, organised by Singapore Institute of Purchasing and Materials Management. For more details, please contact SIPMM Secretariat at tel: 273-4172 or fax: 274-1132. June 1-2 (2 days): Contract Formation The Materials Management Way, organised by Singapore Institute of
      953 words
    • Article
      DAILY FREIGHTS
      765 48 THE DRY cargo freight market was boosted by confirmation USS23 had been paid on a US Gulf/Japan grain trip as the general shortness of Panama* vessels persisted, brokers said on Monday. The route's Baltic Freight Index level rose to $23.42 from $22.58 last Friday amid an overall 12-point
      765 words
    • Article
      WEEKLY FREIGHTS
      230 48 FREIGHT rales continued to rise last week, and Capesize vessels (around 100,000 tonnes, able to navigate the Cape route) joined the firmer trend, market sources said on Monday. On the futures market, the Baltic Freight Index (BFI) gained 36 points to 1,255 points. Panamax vessels (50,*****,000 tonnes, able
      230 words
    • Article
      M'sian Helicopter Services diversifies into shipping
      348 50  -  By Dexter Lee SINGAPORE Underpinned by a boom in oil and gas exploration activities in the South China Sea, Malaysian Helicopter Services Berhad (HMS) expects to chalk up strong growth this year. Although he did not disclose figures, MHS chairman Tan Sri Saw Huat
      348 words
    • Article
      Lock icon Japan's car exports to US below limit
      210 50 UPI WASHINGTON Japans top car makers exported 1.76 million cars to the United States in fiscal year 1991, about 25 percent below their voluntary export limit of 2.3 million cars, the Japan Automobile Manufacturers Association said on Monday. The number of Japanese cars
      UPI  -  210 words
    • Article
      Lock icon South Korea's bullet train deal delayed
      201 50 AFP SEOUL The South Korean government has asked for new quotes from firms in France, Germany and Japan bidding for a high-speed train contract after judging their first quotes unrealistic, project officials said. Kim Jong-Goo, chairman of the group overseeing the project for the
      AFP  -  201 words
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      Lock icon Bahrain to sell less fuel oil to Singapore
      254 50 Reuter SINGAPORE The Bahrain National Oil Company (Banoco), facing growing competition from the US and South America, will sell about one million tonnes of fuel oil to Singapore this year, a Banoco official said. This would be down from the average 1.5
      Reuter  -  254 words
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      Lock icon Jet-makers plan ocean liners for the sky
      453 50 On the drawing board are triple-decker aircraft which can carry 800 passengers AP SEATTLE, Washington With air traffic expected to grow steadily well into the new century, the world's three major commercial jetmakers are studying whether to build some of the biggest machines
      AP  -  453 words
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      21 31 UMfl m 4 mtvlcm raprttMtMl Mirtin <f tIM Itegtetry «f tempted mfi, tin For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      21 words
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      196 31 i Enquiries JB, Welcome —-q L.*" Shipping Services J INDONESIAN STEVEDORE PORT SERVICES For ail Indonesian main ports including outporti SHIP MANNING Indonesian crew nd officers ratings Sri Lanka crew and officers ratings Can arrange transfer to any worldwide locations CALL HOTLINE: Container Schedule 17 Daily Frojfots 18 Inda 1
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      56 32 I —j The Efccukve Housekeeper -this hcsfcel 1 o vVIK., I I wants *s me. Sub I'll never neglect L. Any Job. Any Career. Available Any Day. Any Time, anywhere. The Straits Times The Sunday Times Business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA
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      Page 33 Advertisements Column 1
      1408 33 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES %l|lf# *****11 FAX: *****09 lIlMf BOOKINGS TEL: *****34 *****58 ■llllf TERMINAL/CFS TEL: *****18 220 PDOQQ9 r PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. LVMfJ poRT KELANG TEL: *****18 FAX: *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Quahty Service ipoh
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      758 33 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT I UNITED HUB IvsyvoY m wtc w wf 1 luwri mm n 1M 11/7 w w w I In mmm m un n* a« ft. KHMMH V) lt/l TIP t%P Wl 1/1 Im
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      Page 33 Advertisements Column 3
      1152 33 ■nimMi NEXT SAILING TO U.SJL SEALAND EXPRESS VI74E ETA SIN 18/S/92 MARIT MAERSK V 9208 ETA SIN 19/5/92 Vassal Voy ETA ETD TeedeTUy DESTINATIONS World Lynx/ Anas This waafc Maril Maarsk 9204 CY 19/5 0800 HRS Port HH HHI BBM I CFS 18/5 2359 HRS Kalang Pwianfl OAK LQB HOU
      1,152 words
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      Page 34 Advertisements Column 1
      1205 34 ~~1 ROAM/ MMn VOY NO S PORE JEDDAH S HAMTON H BURG ANT LE HARVE HUSIIS LA SEINE 24/119 14/5 23/5 6/6 2/6 1/6 I. Hi WHWi HOECHST EXPRESS 03/319 17/5 3/6 5/6 8/6 9/6 pqfl MWI WW HAMBURG EXPRESS 08/120 22/5 31/5 14/6 10/6 9/6 «MMOIO W/UMIMI HANNOVER EXPRESS
      1,205 words
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      Page 34 Advertisements Column 2
      595 34 lilU■A■»Ag IMVICI CONTAINERS U BREAKBULK I DIRECT SOUTH PACFIC SERVICE I SIN |NOU SUV PPT I JANIKA II 3601E8 25-27/3 7/6 10/6 16/6 I PALEMBANG 3702E8 25-28/6 10/7 13/7 18/7 I Transit Time L__J(l3) (161 (22) I ALSO ACCEPTWG CARGO VIA SUVA TO: LAUTOM. fAGO PAGO. IAPIA. NUKUALOFA. P. V*A
      595 words
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      Page 34 Advertisements Column 3
      1226 34 BjiMMia uas REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE «l/VOY SM ALG BCL HAM BRE ROT ANT FQ LHA (VIA (VIA 0M ALG) HAH) W)T) NORASIA PEARL 9211-3 11/05 OS/06 10/06 12/06 13/06 14/06 15/06 16/06 17/06 JAPAN SEA 212W 24/05 16/06 l«/ 06 20/06 21/06 22/06 23/06 23/06
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      Page 35 Advertisements Column 1
      1194 35 H STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Td: *****98 Fax: *****17 srott 57®* CARGO MARION V 005N U-17 MAY 20-2J JJ** RAJAH MOOKE KILE Mu*i. lib. KK KOI* BWTAWG V.K***** 17-11 MAY 20-21 MAY STRAITS VENTURE VI2I Mu«> UK. M 13 1« JJ*»
      1,194 words
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      Page 35 Advertisements Column 2
      1540 35 w%% A SINGAPORE AGENT: ■■Al&it PAO Containers (Singapore Agencies) Pte Ltd ■■BNL I flftl 15 Ho* Chiang Road #08-02 to 06 Sanford BuildlnfliSljwot '0208 w Tel: 225 2233 Tatox: RS ***** PNOCSP Fax: 225 5327/222 7517 86&f\ CR Number: **********0Z viaatL vov STo im no iou in aor nam jko
      1,540 words
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      Page 36 Advertisements Column 1
      514 36 CR NBR **********0- D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI/VOY STOtt MMM/MMM HWfi BttHH AMT»OP cm/0 RUTM/2SWB 20-24/5 2/7 7/7 12/7 l«/ 7 FAST TRANSIT TIME ACCEPTING BREAICBULK/CONTAINERISED CARGO Sublet lo lnduc*m«nt. Atao accepting cargo lo Casablanca. Port Said, Port Alexandria, Qonoa, Trioata. ALSO ACCEPTING BOTH CONTAMERS. CONVENTIONAL CARGO
      514 words
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      Page 36 Advertisements Column 2
      955 36 (g) HANJIN SHIPPING lis ass- "SiST SFa SEw fl"S&a«sSl Iskskks ssi t] II [55- II $ii ■sissr jlss ss si srss .iiiiSB 1 srg.s?.sg-ar *"""I*"*'RLTia1 *"*'RLTia I FOK VSL SW L* HAUL S£» »C« lK U* 0« SEA lAI RYC M» T/S I FISHGUMH) BAY 206N 18 5 HANJM SEOUL
      955 words
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      Page 36 Advertisements Column 3
      1113 36 —ill J J.HHI S 7/i 11/5 12/1 I 11 «wo h m i»/s »/s n/i 27/5 20/s i/o t/t o/i 5/o o/o 7/o io/o i/j in 0/7 is/' u/7 iJ/7 i»/J JJ'J "'J I Sum M 044 2,4 Iff 0/0 10/0 12/0 15/0 10/0 10/0 U/t 20/0 22/0 J/7 15/7
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      Page 37 Advertisements Column 1
      1286 37 ~y k e t M, es pte ltd s,nga^^k 2 7 e 9977 FAR EAST SIRVICC *****00 i *****69/*****96 Mpw MM UK/EUROPE SERVICE *****00 EXPORT CFS MB2 *****53/*****50 AUST/INDIA/PAK *****00 *****0. J.Bahru-<O7) *****2/3/4 38^24*5/SP (31) *****2/546, Semarang (24) *****6. Panjang (721) ***** Bandung (22) *****0 Medan (61) *****8/*****7 j S
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      Page 37 Advertisements Column 2
      1010 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQURES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUHD— OgCHAEONC WESTBOUHD-LMONG TMHSHfffI) M* WTTPPMi law I ml*
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      Page 38 Advertisements Column 1
      1379 38 44 w *4 AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) 2 TEL *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 T T ivr 14 MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD IV Ei TEL" SA PK *****01/5 PENANG *****0 JB *****1 KISEN KAISHA, LTD INDONESIA: P.T. SARANA LALTTINTERNUSA TEL:
      1,379 words
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      Page 38 Advertisements Column 2
      881 38 PHILI-ORI€NT UN€S PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Te1:**********8769 *****00 Telex: R*****0FAX:*****76 *****38 I Oft BY AIR, LAND OR SEA.... J&L WE TAKE ON THE WORLD FOR YOU yjjy JS MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 18 MAY SYDNEY MELBOURNE, BRISBANE,
      881 words
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      Page 38 Advertisements Column 3
      297 38 GOLDEN LINE guan guan shpping \TSy/<\ (PTE) LTD 23. TcWl «rf Sf*el SINGAPORf 010* TEL: ***** M (10 LMES) fai *****04 (CI ll* 1012******0*) tTtllW/WMIiW GULF SERVICE S pore P Kelang Penang GOIKN HNNtSI naiad* Dub* Dammam 11/20 GOIKN KM Hjijtti Dubai Dammam ttt luw CHINA IEKYICE A *Sl China
      297 words
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      Page 39 Advertisements Column 1
      1570 39 ouippiug tiuivo) «tuuvou«j xSSSxmmmm pacific international lines (pte) ltd Ml UmKR 140 Cec street #03 PIL Building. Singapore 0106. Tel: *****33 CRNQMQWQ67OOQOE UARAfttA I [iggKOK J vessel voy SIN bkk sin VESSEL VOY SIN JUT SIN FLAG) 8R5217 14/5 17/8 21/5 EQUATOR HAWK 43M 14/5 10/5 21/5 25N N/l It/5
      1,570 words
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      Page 39 Advertisements Column 2
      691 39 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY FEEDER VESSEL PENANG P KELANG OCEAN VSL/VQY SIN SOU (1) RTM (2) HAM [3) GOT (4) ANSON/TBN 15/S 16/5 AROSIA 2t92 19/5 5/6 7/6 8/6 10/6__ ANSON'TBN 22/5 23/5 NIHON 2202 26/5 12/6 14/6 15/6 17/6 ANSON TBN 29/5 30/5 BENARTY 2212 2/6
      691 words
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      Page 39 Advertisements Column 3
      300 39 M MYANMA iBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen PGdf HPA-A* VI77W 19/21 May 15/17 May MYOMAYWA VI42W 24/ M Ma, PAGAN VII3W 25/21 May HP* AN Vl7B* 1/10 tun NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.49 SINGAPORE 22 May
      300 words
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      Page 42 Advertisements Column 1
      2034 42 Conventional Semi-Container Full Container r itipr Services Liner Services #*v®» 's Agents: leiloeeaia's Agents: I L C JC Guan 6nen Skipping Sdn BM Clmng Chin* Shipping Sdn BM P.T. «M hitre tndometa MartUmo General Agents- Booking Agents: General Aft* Booking Agents: u Pmrnm «M> Mm »<«"'•""* 'jZIXS""" ui.l c.,nn Qh
      2,034 words
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      Page 42 Advertisements Column 2
      282 42 SAMUDEIA MDMEStt (S) TO LTB 1S MeCALLUM STHErT #14-04 MATWEST CENTRE Singapore 01SS T«»mc R ****** Trf: ******1-3 Fax: 22S 4SM. 227*1* F^waoo<ci»4Q«CA^P4WgCT LiwgTEL.: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK ENNO 90 1 15/05 (FRI) 17/05 (SUN) TWADIKA 924 16/05 (SAT) 20/05 (WED) LAWANTI 961 18/05 (MON) 20/05 (WED)
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      Page 43 Advertisements Column 1
      615 43 (t FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES UMASSOL/PMEAUS 17/5 ROTTERDAM 17/5 HAIFA/ASHOOO/ALEXANDRIA 17/5 HAMBURG/BREMEN 17/5 MARSEILLE/FRANCE 17/5 FELIXSTOWE/UK 17/5 ~T775 lehavre/antwerp 17/5 GENOA/ITALY 17/5 GOTHENBURG/SCANDINAVIA 17/5 LOS ANGELES/WC/IPI 17/5 SYDNEY/MELBOURNE 15/5 NEW YORK/EC 17/5 FREMANTLE 15/5 VANCOUVER 17/5 BRISBANE/ADELAIDE 15/5
      615 words
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      Page 43 Advertisements Column 2
      1199 43 nan RICHFIELD MARINE (S) PTE LTD 0 TEL: *****33 (12 Lin**) ft^El&llfflimlSttlllHlllTD9lllwS^^^^l BFAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lin—) w aw wi Iwt smammt mn«ok ll Y (National Lines of Ethiopia) B|wana bhum uis 16/05 n/os wanta bhum «sw wed wpt s*t 16/05 I BtNIA BHUM 34S 20/05 23/05
      1,199 words
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      Page 43 Advertisements Column 3
      129 43 Vessel Voy ETA ETD Oestn TZU HANG 9242S 16/5 19/5 Komponfsom SHUHO MARU NO. 18 9201S IN PT 25/5 Phnom Penh ERMINIA 9235S IN PT 19/5 Phnom Penh HONGZHAN 9234S 29/5 2/6 Phnom Penh HOSHO MARU 9226S 17/5 23/5 Phnom Penh SHUNFU 9217S 18/5 21/5 Vunetau GENMI NO 8 9206S
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      Page 43 Advertisements Column 4
      354 43 iMER-unt ~VSL VOY SOOGAPORE MADRAS SMGAPORE VESSEL HOT MM TIGER STAR ISM 13-14/05 20-22/05 21-2J/05 TIGER SPEED 204* 16-17/05 23-25/05 30 31/05 lIGER CIOUD ltN 20-21/05 2621/05 03-06/00 TEOI BHDS 205N 23-24/05 30-01/0® 00 07/00 VSL VOY SOIGAPORE/CALCUTTA/SBIGAPORE VESSEL VOT S« C*L EMU BREEZE 093 IJ-U/05 20-24/05 30-31/05 LHOTSE 422
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      Page 44 Advertisements Column 1
      720 44 MAC-NELS S'PORE SES£ I I PENANG: (04) *****6 SIBU: (084) *****9 KK: (OM) 24 2250 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA. (31) *****0 n -T -TUT irrrmm ptN S|N jy PEN PK SIN Colombo 15/5 16/5 17/5 16/5 17/5 18/5 Ldn/Fli/Rdm/Ant Durban/Pt Louis 15/5 16/5 17/5
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      Page 44 Advertisements Column 2
      223 44 \fZW> BLUE STAR LIME TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPI AM I*l S* SIM 0520 15/5 27/5 <"* l 21/5 IV# MM IK »/5 10/8 VttWV 12/6 21/6 LKM 27S 12/6 2«/6 VM NPI 26/6 13/7 FULLY CONTAINERISED SAILINGS DISCHARGING
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      Page 44 Advertisements Column 3
      1015 44 THONG SOON LINES PTE. LTD. t Mi 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 I TEL: *****68 FAX NO: *****11, *****22 ISUSsT TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I. I CONVENTIONAL/CONTAUIEB CQMUBMM ,WCM SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA vessel Ivor leti liest
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      Page 45 Advertisements Column 1
      825 45 oiiipi»iiig i lines, nniiitMiay may u iMiASAaUBHiAiMM W-s COMPANIA PERUANA xBBL de vapores I "PERUVIAN STATE LINE" ACCEPTING BREAKBUtK/FCL/SOC CARGOES TO/FROM tALLAO, MATARANI, 10* t OTHER PERUVIAN PORTS* aL WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING < "EVERETT ORIENT LINE" J JAPAN/BAY OF BENGAL/JAPAN SERVICE A ACCEPTING
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      Page 45 Advertisements Column 2
      492 45 czaz I 13 N.AMERICA/CARRIBEAN SERVICES j a VISSU VOY SW MAVI.INLR VOY LAI HSI SAV NYC Hfl I WUAWRIA 71E 19 SHM SADAWIAH 37E 11 175 t 29,t 1/7 3/7 Luaswi. ujl ill. ausuii—jl_ lIIAT lik I« 4 I7M wiswi lltt >■ 114/ 111. 1 to; I Itt Accept!* c«|«
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      Page 45 Advertisements Column 3
      511 45 MUITI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI PAMMAN SMARIAH DOHA MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS lEDDAH FAR EAST ACCEPTING FCL/LCL PtNANIi P KHANG lAKARIA BANGKOK HONG KONG. TAIWAN lAPAN MANIIA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON EELIXSTOWE. LEEDS TILBURY AKRCKN lEWRVE HAMBURG ROTTERDAM ANTWEP GOTHENBURG COPENHAGEN ALL OTHER
      511 words
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      Page 45 Advertisements Column 4
      546 45 ■iiiliil MONTHLY DIRECT CONTAINER SERVICE m SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA VSL FREITAL ETA SIN 20 MAY TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE j MADRAS/COLOMBO/ BOMBAY/KARACHI I WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CARGO BOOKMG
      546 words
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      Page 45 Advertisements Column 5
      448 45 sm FM EAST 17/5 KEELUNG/KAOHSIUNG 17/5 BANGKOK 15/5 MANILA/CEBU 17/5 JAKARTA/BELAWAN/SURABAYA 17/5 PORT KELANG/PENANG/E. Malaysia 17/5 BUSAN 17/5 TOKYO/YOKO/KOBE/NGO/OSA 17/5 HONG KONG SIN CHINA 17/5 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EMOPE/UK 16/5 LDN/FLX/LVP/SOU 16/5 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SM USA/CJUI ADA 17/5
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      Page 46 Advertisements Column 1
      806 46 CM FIL CONTAINER SERVICES PTE LTD CiL. MADBAS CALCUTTA VSL SIM/MADRAS VSL SIN/CALCUTTA SM MAO SM SM CAi. SM NUT AVA&ABU 11 11/05 It 11/05 24 25/05 NUT AVA4WU IH4/05 20 24/05 JO 11/05 13-14/05 20 22/05 21 29/05 21 22/05 21 01/04 07 01/04 14-17/05 23-25/05 JO-Jl/05 24-27/05 02
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      Page 46 Advertisements Column 2
      471 46 11D1i BontermJ I CONTERM FREIGHT (F.E.) PTE LTD. I GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— AUCKLAND 15 May I BANGKOK 17 May FREMANTLE 14 May EUROPE 17 May GOTHENBURG 17 May PENANG 18 May PORT KELANG 15 May JAKARTA 20 May MELBOURNE 19 May SYDNEY 19 May ©*****33 (KATHLEEN/
      471 words
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      Page 46 Advertisements Column 3
      497 46 This Week's Sailings Z ETD T ETD To: Singapore lo Singapore Bangkok 17/05/92 R Antw2?" 16/05/92 a jfcifc 15/05/92 o„7o^!rdfng To Mid West/ 17/05/92 Colombo 18/05/92 W-' A Tel: Fax: w Mm Singapore 778 6522 779 2738 i4BRk QUfiUjohore 07-*****8 07-*****3 Alfred Ng Q523 JWf Jakarta 021-*****40 021-*****01 Troy Hsu
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      Page 46 Advertisements Column 4
      475 46 |i| I FCL/LCL SERVICES I MANILA ETA I VIGOUR SINGAPORE 26N8 I VIGOUR PACIFIC 63N8 23/5 I BANGKOK 17/5 21/5 BUSAN 18/5 25/5 I HONGKONG 16/5 18/5 USA 18/5 25/5 IPT LOUS DURBAN 18/5 4/6 KEELUNG 18 5 25'5 I PT KELANG 15/5 18/5 OSAKA 20/5 27/5 I PIRAEUS 17/5
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      Page 47 Advertisements Column 1
      9 47 Managers must manage. BT shows you how every Monday.
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      Page 47 Advertisements Column 2
      305 47 Oc vOc vO<= Oc vQc vQcvQc U VAN OMMEREN CETECO GROUP V > TRANSPORT DIVISION J 0 VOTAINER CONSOLIDATION SERVICES: X A THE ONLY CONSOUOATORVWTH WORLDWIDE NETWORK V J Weekly FOACI Sendees W V USA EUROPE FAR EAST > r BMimnit: voftintr C—bKw Sewtcee t ftwrfcurg: Van Ommeren Hamburg GmbH.
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      481 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 (MOO 0)********************00 *****600 **********00 2000 2100 2200 2300 JR 15 12 10 09 10 1.3 1.7 2.1 24 2.5 24 20 1.6 12 09 0 7 08 1 1 15 2.0 2.5 26
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      Page 48 Advertisements Column 1
      283 48 ::§I^IM^WREI^^m^CES|^ ttSTRAIIA -*p«t» USA -Si**, feriM, *O>U, T«* ll* ILgJ lift il IN Mttt rife m pom AiM t ur w uh cum CANADA. —&|py» Hm ammMk, fIttGKOK -htktmim I>> ?;ff vß&"iii»«scrfTfrlieS* ftMMMHK Sm* VU PACfIC ISLANDS ~**i*ftcr; *53^ > M iu CsmAmml StecfcfcatoL Pipeett, Nmmn 1 AFRICA -Ovfa* CTw*,
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      Page 48 Advertisements Column 2
      352 48 cosco UKC CONVCMTtOHAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/05 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: KAIHENG 15/05 20/05 Muangpu/Guangrhou CO«CO FULL CQHTAMER itimCES (FCL/FCL) EXPORT TO: CHM A/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GOLF/KARACHI Please refer above mentioned services
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      Page 48 Advertisements Column 3
      301 48 i hi inn I■■ I I I I I I I iTTiI DCLiiKifi PHANGCHUN CHONGQING FUZHOU 1 i /SHENZHIN SHIPPING Tel: 227 47&Q Fax: 227 2Q83 WORLDGATE EXPRESS LINES PTE LTD Tab *****11 Foxs *****73 Telex: 2M79 WGATI rpnRTLOUIB i l7/5 i Karachi COLOMBO 17/5 Bombay KARACHI 1 BOMBAY 17/5
      301 words
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      Page 48 Advertisements Column 4
      17 48 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT
      17 words
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      Page 49 Advertisements Column 1
      1055 49 4 HYUNDAI 111 I VIA FEEDER pacific south-west service I PW* PKE* PGD* Sir TO USA VOY KAO LBH OAK PAL/HOU CH SIU NTC I 21/04 22/04 24/04 01/05 H MNOVATOR 4* 0«/05 25/05 28/05 28/05 29/05 29/05 31/05 I 05/05 29/04 01/05 OS/OS H. EXPLORER 4* 15/05 01/06 04/06
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      Page 49 Advertisements Column 2
      463 49 CTRMTsH*MNnTWUTnSwiCn SPECIALIST IN RO-RO I HEAVY LIFTS I I WBQURD VESSELS I T nssi w n ik n I TRARS MTO n ■PT MM If/5 -II sniatM 12 us I I SUIW SJ 11/S 11/S -111 SMBAI II 18/1 MS -111 tmmkuu n m/s n/s I I CRAMPNR TMM IS
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      Page 49 Advertisements Column 3
      741 49 EXPORTTO^^^^^ JEDDAH/UK/CONTNENT I STOW ICD STON HHURC ROAM LEH *Mm Acc*toif C»|. F« LA SIM V 24/111 14/5 21/5 l/l 2/1 l/l RMtfrtam :to M Airirarp, Amt«4j*i 0* HNMfe HOECHSI UPRESS V 01/111 17/5 1/t 5/1 l/C 1/1 SHHiftii :to4 I* Oeitoutaß. Btfart mt Mh HAMBURG EIPKSS V.M/120 22/5 »/5
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      124 49 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROM) SMGAPORE 0208 Ta: *****88 TLX: R*****5 SINNER FAX: *****64 ACCEPTS PORYIBr S'PORE CARSO KIMMIWM MERCURT PC AH *M to Nil Mi* *1 MNTANS RfLAIT *111 IS-14 Rh» U-14 Hit «Mt O** KKMt MK NIC 1* 7* Mil M-M «b» Mw«. UM* MNTANS
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      174 50 1R50N AW r|fijptfP Every Saturday in Business Times We have what it takes. Thousands of trucks, hundreds of planes. And computers to keep track of them all and the parcels they carry. But we also know that this is not enough. So, wherever your shipment is A US Hr i
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