The Business Times, 22 May 1992

Microfilm: NL18202
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    16 1 BUSINESS TIMES THE BUSINESS PAPER EOR S-E ASIA MITA (P) 35/12/91 Friday, May 22, 1992 75*
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  • NEWS SUMMARY
    • Article
      US first-time jobless claims down by 20,000
      54 1 WASHINGTON The number of people filing for unemployment benefits lor the first time dropped by 20,000 in the week ending May 9. The Labour Department said yesterday that the total number of first-time claims for the week fell to 406,000 from a revised
      54 words
    • Article
      S Korea to hold inflation below 8pc
      52 1 SEOUL South Korean Economic Planning Board Minister Choi Kak Kyu said yesterday that the government would maintain a tight monetary policy to hold inflation below 8 per cent for the whole of 1992, against a projected 9 per cent and last year's 9.5
      52 words
    • Article
      Govt, IBM join forces
      30 1 THE Singapore government, keen to see its research bodies come up with marketable products, has joined forces with computer giant IBM to sell software Page 2
      30 words
    • Article
      Help from migrants
      32 1 THE current flow of East Asians to the east coast of Canada and the United States will help raise their competitiveness, Senior Minister Lee Kuan Yew said Page 2
      32 words
    • Article
      Contenders drop out
      39 1 THE competition to build Vietnam's first modern US$l.2 billion (551.96 billion) oil refinery has narrowed to two European giants, France's Total SA and the Royal Dutch/Shell Group, as four Japanese contenders have dropped out Page 8
      39 words
    • Article
      Vietnam lowers wages
      32 1 IN A bid to encourage foreign investment, Vietnam has lowered the minimum wage for employees of foreign-invested companies from US$5O (SS81) to US$35 or US$3O per month Page 8
      32 words
    • Article
      Jiang backs reforms
      26 1 CHINESE Communist Party leader Jiang Zemin has staked his position firmly in the proreform camp with a glowing tribute to capitalism. Page 9
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    • Article
      Hanjin to expand service
      35 1 HANJIN SHIPPING is realising plans to expand capacity by early 1994 on its EuropeFar East-North America service, for which Singapore is the transhipment hub in South-east Asia. Shipping Times Page 1
      35 words
  • MARKETS SUMMARY
    • Article
      Dow lower
      36 1 WALL STREET stocks were lower in early trading yesterday as doubts lingered about the interest-rate outlook. The Dow Jones average of 30 industrials dropped 13.66 points to 3.380.18 in the first hour of trading.
      36 words
    • Article
      Footsie higher
      25 1 LONDON share prices were lower at midday vesterday At about 12:00pm (1100 GMT), the USE 100-share index was down 2.7 points at 2,709.2.
      25 words
    • Article
      OUB files suit
      34 1 OVERSEAS Union Bank has taken Price Waterhouse-owned Lowe Bingham Matthews to court for alleged negligence and breach of contract involving a million-dollar fraud at its Hongkong branches in 1986. Page 4
      34 words
    • Article
      Philip Morris in deal
      30 1 PHILIP MORRIS has agreed to pay USS4I3 million (*****.77 million) for control of Czechoslovak cigarette manufacturer Tabak. beating a rival offer from RJ Reynolds. Page 6
      30 words
    • Article
      Brokers in the red
      34 1 JAPAN'S securities industry, hammered by scandals and a stock market slump, has plunged into the red for the first time since 1965, the Tokyo Stock Exchange said yesterday Page 7
      34 words
    • Article, Illustration
      STOCK INDICES
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    • Article
      CURRENCIES
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    • Article
      COMMODITIES
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  • Article, Illustration
    Suharto to revoke decree giving him special powers
    429 1  -  From Maggie Ford in JAKARTA PRESIDENT Suharto of Indonesia has agreed to revoke a decree which gave him sweeping powers to rule the country when he came to power in 1966. Rachmat Witoelar. secre-tary-general of the ruling Golkar group, said yesterday that
    429 words
  • Article
    Lock icon Thai violence may cost nation more than US$1b
    490 1 Reuter BANGKOK The violent struggle between the Thai military and pro-democracy protesters could cost the country more than US$l billion (SSI.6 billion) in damages to the tourism industry, experts said yesterday. Fears generated by this week's bloody clashes could wipe out a
    Reuter  -  490 words
  • Article
    SIA cancels 10 flights to Bangkok
    60 1 SINGAPORE Singapore Airlines (SIA) has cancelled 10 of its flights to Bangkok this week because of many reservation cancellations by passengers. Yesterday, the national carrier scrapped three flights to the troubled Thai city. Four flights today have been cancelled, two tomorrow, and one on
    60 words
  • Article
    COE prices hit $30,000
    293 1  -  Reason: Last chance to register 'non-cat cars By Dexter Lee SINGAPORE As expected, desperate car distributors have driven prices of Certificates of Entitlement (COEs) to record highs in the main vehicle categories. Those bidding for luxury cars led the charge once again with bids that propelled
    293 words
  • Article
    Lock icon Profits of Japanese electronics giants, traders plunge
    187 1 AFP TOKYO Electronics giants and trading houses powerhouses ol Japan s economy posted sharply lower profits yesterday. Matsushita Electric Industrial Co Ltd and Sony Corp, once the symbol of Japan's economic success, announced their worst performance since 1986. The declines were attributed to
    AFP  -  187 words
  • Article
    Uneasy calm follows King's intervention
    514 1  -  Suchinda promises to heal nation's wounds From Ben Davis in BANGKOK AN UNEASY calm returned to the battered streets of Bangkok last night after Premier Suchinda Kraprayoon and Opposition figure Chamlong Srimuang bowed before King Bhumipol Adulyadej on television and promised to heal the nation's
    514 words
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      140 1 CONTENTS Aircraft Schedule 31 Commodities 30 Company Ntrfs 4-6 Cryptic Crossword 31 Edrtonal Financial News Futures Options 29 HK Tokyo Stocks 26 Interbank Fore* Rates 29 Jakarta/Bangkok Stocks 25 KISE 23 Money Changer Rates 31 Money Market 29 Regjonal News 8 Regional Stock Markets 27 StS 20-22 Share Information 24
      140 words
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      13 1 (TOE scramble bleeding car dealers' profits, Pg 2 Hospital fees up from June
      13 words
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      13 1 Sony, Matsushita results plunge; Seven big trading houses post profit falls, Pg S
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      145 1 PUCCINI MAIM IN I See WONG BROTHERS SHOE TEL: 2833 643 Shares surge SHARE PRICES on the Thai stock market surged yesterday, as investor confidence buoyed by royal intervention in the nation's political crisis sent the market soaring by 61 points. See Page 3 Compromise sends sighs of relief around
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  • PAGE 2 NEWS
    • Article, Illustration
      Higher fees at govt and four restructured hospitals from June
      528 2  -  By Colin Tan SINGAPORE Government hospitals and four restructured hospitals will raise their fees from June I. The Ministry of Health (MOH) yesterday announced the new schedule of medical fees for the government hospitals, namely Alexandra. Changi, Woodbridge, and View
      528 words
    • Article, Illustration
      Most employers question timing of rises
      591 2  -  By Chuang Peck Ming and Anna Teo SINGAPORE Too soon too much, say most employers BT spoke to about the June 1 increases in government hospital and dental fees. Some pointed out that the increases will take place just after the National Wages Council
      591 words
    • Article
      Flow of E Asians will benefit US, Canada: Lee
      431 2 VANCOUVER The current flow of East Asians to the east coast of Canada and the United States will help raise their competitiveness. Senior Minister Lee Kuan Yew has said. The US and Canada should recognise this and select East Asians from
      431 words
    • Article
      Wuthelam ties up with Chinon to invest in Johor disk drive plant
      276 2  -  By Genevieve Cua SINGAPORE The Wuthelam group has teamed up with Chinon Industries Inc of Japan to invest in a US$5 million (SSB.I million) plant to manufacture 3.5-inch floppy disk drives in Johor. The investment is part of
      276 words
    • Article
      S'pore govt joins forces with IBM and 2 local firms to sell software
      228 2  -  By Claire Leow SINGAPORE The government, keen to see its research bodies come up with marketable products, has joined forces with computer giant IBM to sell software. They have roped in local-ly-listed Computer Software Associates (CSA) and
      228 words
    • Article
      COE scramble bleeding car dealers' profits
      344 2 SINGAPORE The mad scramble by car distributors to secure Certificates of Entitlement (COEs) have cut deeply into their margins. Motor Traders Association honorary secretary David Tay summed it up when he told BT yesterday: "Our members are bleeding so badly that they are hoping
      344 words
    • Article
      Lock icon Swift compromise needed to defuse crisis, say diplomats
      610 3 The Thai military crackdown Reuter BANGKOK Intervention by the King has halted Thailand's worst unrest in two dceades but the rivals for power must quiekly implement a eompromise or risk more bloodshed on the streets, diplomats said yesterday. "It's half-time. It's not
      Reuter  -  610 words
    • Article
      Thai stocks surge 9pc as investors flood back
      380 3  -  From Ben Davies in BANGKOK SHARE prices on the Securities Exchange of Thailand (SET) surged yesterday, as investor confidence buoyed by royal intervention in the nation's political crisis sent the market soaring by 61 points. In the first five minutes alone, the
      380 words
    • Article
      Lock icon Regional and world leaders breathe sigh of relief
      337 3 AFP AP SINGAPORE Western and Asian governments welcomed the monarch-inspired political arrangement worked out to defuse the crisis in Thailand, with regional leaders expressing hope that peace would return to Bangkok. In Washington, US officials expressed hope that intervention by Thailand's King
      AFP; AP  -  337 words
    • Article, Illustration
      Lock icon Monarch speaks softly but wields immense power
      730 3 King Bhumibol Adulyadej NYT WASHINGTON Through four decades of intermittent crises, the people of Thailand have turned again and again to the soft-spoken, sombre, enigmatic man who occupies one of the world's most powerful yet mysterious thrones. On Wednesday, King Bhumibol Adulyadej, Rama
      NYT  -  730 words
    • Article
      Lock icon Great reconciler to the rescue again
      283 3 Prem Tinsulanonda AFP BANGKOK Thailand's great political survivor and reconciler Prem Tinsulanonda has once more ridden to the rescue after being called out of retirement to help restore peace and order after four days of bloody chaos in Bangkok. The 72-year-old Prem a former
      AFP  -  283 words
    • Article
      Lock icon The soldier who skipped a few steps
      319 3 Suchinda Kraprayoon AFP BANGKOK Handsome, vain and supremely selt-con-fident, Suchinda Kraprayoon rose to the pinnacle of power in the Thai military and tried unsuccessfully to translate that into political control. Along the way. Gen Suchinda skipped a few steps. In the military he
      AFP  -  319 words
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      107 2 *4 f i y»u ,H V i *v I lit' I lai hiim I ;i\ ili« >11 World Iradc ('enlre. Singapore 2(> ***** <* i> )ul\ I I Vrl ormaiu on (K.OOpmi $100, $80. $<iO. $40 Matinee I'rrl'ciiniain't's (2.Hopni) $80. $(>5. $15. $H5 Tickets art- available al all SIS 1
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      63 3 "V '<1 is ■i MOUTRIE Ermenegildo Zegna's High Performance The Finest Lightweight Suits In The World. With a jacket and trousers that weigh just 41 ounces, the High Performance suit is virtually featherweight, crease-resistant and easy fitting. Ermenegildo Zegna's High Performance, the coolest ensemble even in the hottest climate. Ermenegildo
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Superior Metal gets go-ahead for rights
        57 4 SINGAPORE Superior Metal Printing Ltd has received in-prineiple approval from the Stock Exchange of Singapore for its 3-for-2 rights issue at 31 cents a share to raise $20 million to finance its expansion plans. The company will seek shareholders' approval for the rights issue
        57 words
      • Article
        Keppel's convertible loan stock
        69 4 SINGAPORE Keppel Corporation Ltd said the interest on its convertible loan stock will be fixed at 1.5 per cent per annum. The convertible loan stock may be converted into new shares on the basis of $6.00 principal amount for each new share within five years. Each
        69 words
      • Article
        CSA to own 10pc of Singalab
        70 4 SINGAPORE CSA Holdings Ltd announced that it will hold 10 per cent of Singalab Pte Ltd and that its group managing director Johnny Moo will sit on Singalab s board. Singalab, which has a capital of $5 million, is a joint venture of IBM
        70 words
      • Article
        Lien's firm sells OUE shares
        44 4 SINGAPORE Overseas Union Enterprise Ltd's chairman and managing director Lien Ying Chow sold 1.25 million OUE shares on Wednesday for $9.23 million. The sale took place through Wah Hin Co Pte Ltd, in which Mr Lien has deemed interest.
        44 words
      • Article
        DBS divests entire Swens stake
        40 4 SINGAPORE DBS Bank has sold its entire stake in newly-listed Swens Asia Pacific Ltd. It held a 9.27 per cent stake which went for $2.01 million. The bank said the sale was from underwriting shortfalls.
        40 words
      • Article
        Nomura Asia sells L&M stake
        41 4 SINGAPORE Nomura Asia Holdings sold 5.35 million L&M Group Investments Ltd shares to Nomura Securities Co Ltd in Tokyo for $8.77 million on May 14. Nomura Asia had taken on the L&M stake for $8.72 million.
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      • Article
        Chemical Co of M'sia pre-tax up
        50 4 KUALA LUMPUR Chemical Company of Malaysia Bhd reported a pre-tax profit of M 515.1 million for the three months ended March 31, up 9 per cent from M 513.9 million a year earlier. Turnover rose to M$ 135.6 million from M 5126.3 million perviously.
        50 words
    • Article
      CDL Hotels buying more shares in NZ's Euro-National bank
      212 4 SINGAPORE Hongkong's CDL Hotels International Ltd announced a further partial takeover offer to shareholders of New Zealand merchant bank, Euro-Nation-al Corporation Ltd, even as it announced plans to buy another 48.43 million shares in the bank. CDL Hotels, the 52.7-per cent
      212 words
    • Article
      OUB takes former auditors to court
      328 4  -  Suit alleges negligence, breach of contract By Kooi Cho Teng SINGAPORE Overseas Union Bank (OUB) has taken Price Waterhouse-owned Lowe Bingham Matthews to court for alleged negligence and breach of contract following a fraud at its Hongkong branches in 1986. 1 he traud cost
      328 words
    • Article
      Haw Par leisure unit posts $2.2 m loss
      318 4  -  By Genevieve Cua SINGAPORE Haw Par Brothers International Ltd incurred a $2.2 million loss in its sports and leisure division last year, dragged down by Australia's recession and Singapore's weak retail market. The division's turnover, however, rose nearly 60 per cent to
      318 words
    • Article
      Lock icon Kumpulan Guthrie eyes deals to manage plantations overseas
      205 4 Bernama KUALA LUMPUR Kumpulan Guthrie Bhd is eyeing potential plantation management consultancy contracts in foreign estates in Sri Lanka, Indochina and Africa, said director Dr Ani Arope yesterday. He said the group was finalising a contract with a Sri Lankan entity to
      Bernama  -  205 words
    • Article, Illustration
      Biggest Indonesian beer producer to double output
      562 4  -  From William Chia in JAKARTA INDONESIA'S largest beer producer has budgeted US$5O million (5581.5 million) to double its beer output. PT Multi Bintang. which already has 55 per cent of the domestic market, intends to make full use of its licensed capacity, said
      562 words
    • Article
      Lock icon AMDB, YTL Corp to build three-star hotel
      463 4 Bernama KUALA LUMPUR Arab Malaysian Development Bhd yesterday entered into a joint venture agreement with YTL Corporation Bhd to build a three-star hotel costing Ms4s million (Ss29 million) at Jalan Lumut, near Kompleks Damai here. A 50:50 joint venture company, Prisma Tulin Sdn
      Bernama  -  463 words
    • Article, Illustration
      Barker's decision to quit Shangri-La board a welcome move
      619 4  -  IQQ^EVV. By Conrad Raj SINGAPORE Stock Exchange of Singapore chairman EW Barker's decision to step down from the chair and board of the Shangri-La hotel group should be welcomed by all those who saw the possible conflict of interest. He had
      619 words
    • Article
      Lock icon Sony, Matsushita results plunge
      550 5 Focus on Japanese powerhouses Unprecedented operating loss of 20b yen for Sony's parent company AFP Reuter TOKYO Japan's oncethriving consumer electronic giants Sony Corp and Matsushita Electric Industrial Co Ltd saw their profits plunge last year in the absence of new star products as consumption slowed.
      AFP; Reuter  -  550 words
    • Article
      Lock icon Construction giants post big profits
      400 5 AFP Reuter TOKYO Some of Japan's construction giants recorded large profits for the financial year ended March 31, but warned that the current economic slump would eat deeply into margins this year. Kajima Corp, one of Japan's top contractors, said its profit and revenue reached
      AFP; Reuter  -  400 words
    • Article
      Lock icon Japan's 7 big trading houses post profit falls
      477 5 Reasons cited: economic slowdown, stronger yen AFP TOKYO Japan's leading trading companies blamed the worldwide economic slowdown and the stronger yen for modest to sharp declines in pre-tax profits and lower sales in the year ended last March. The seven leading companies
      AFP  -  477 words
    • COMPANY BRIEFS
      • Article
        Toyota unveils terms of US$1b Eurobond issue
        87 6 TOKYO Japan's Toyota Motor Corp yesterday announced terms of its US$l billion (Ssl.6 billion) Eurobond issue, setting a coupon rate of 6.875 per cent on the five-year offering, the largest of its type in the Euromarkets. The company said the issue price will
        87 words
      • Article
        Yamaha's pre-tax profit down 37pc
        89 6 TOKYO Japan's Yamaha Corp, the world's biggest musical instrument maker, said on Wednesday that its pre-tax profit plunged 37.6 per cent from a year earlier to 6.8 billion yen (5585.7 million) in the year to March. The earnings figure fell short of the company's earlier
        89 words
      • Article
        Macy to close eight stores
        50 6 NEW YORK Financially strapped R H Macy Co Inc said on Wednesday it will close eight department stores where business is particularly weak, sending shock waves through communities that rely heavily on the giant retailer. The closings are scheduled to take effect by Aug 1.
        50 words
      • Article
        British Telecoms earnings slip
        86 6 LONDON British Telecommunications pic's first fall in annual profits since its 1984 privatisation shows the impact of recession, regulation and competition, chairman lain Vallance said in a statement with the 1991/92 results. "The outlook for the economy is still uncertain, whilst a tough regulatory environment and
        86 words
    • Article
      Lock icon Philip Morris buys into Czech cigarette maker
      417 6 USs4l3m bid beats rival RJ Reynolds' NYT PRAGUE In one of the largest American investments in the former Soviet bloc, Philip Morris has agreed to pay US$4l3 million (*****.77 million) for control of the Czechoslovak cigarette manufacturer Tabak. beating a rival offer from
      NYT  -  417 words
    • Article
      Lock icon Bass posts 21pc rise in first-half earnings despite US, UK recession
      450 6 Reuter LONDON Bass pic, the world's largest hotel operator and Britain's biggest brewer, on Wednesday announced a 21 per cent rise in first-half profits in defiance of deep recession in its main United States and British markets. The company
      Reuter  -  450 words
    • Article, Illustration
      Lock icon Land Securities' net assets down 16.9 pc, pre-tax up 5.7 pc
      336 6 FT LONDON Land Securities, the United Kingdom's largest property company, suffered a 16.9 per cent fall in its net assets in the year to end March, which its chairman described as "the most difficult period for the property industry
      FT  -  336 words
    • Article
      Lock icon Shanghai stock exchange allows prices to float freely
      389 6 AFP Reuter HONGKONG The Shanghai stock exchange is to abolish restrictions on the fluctuation of shares prices and allow them to float freely on the market, it was reported here yesterday. Following official approval from the Shanghai City People's Bank, the fledgling
      AFP; Reuter  -  389 words
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      261 4 a The 2nd Asia-Pacific Industrial Automation Exhibition Conference 20-23 May 1992 World Trade Centre Singapore ARE THESE SOME OF YOUR GOALS THIS YEAR? INCREASED COST BENEFITS OVERALL *n HIGHER QC/QA jfSfc LEVELS A :v If even one of these objectives are part of your business goals for the '92/*93 cycle,
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      165 5 Wi SK Complimentary handphone/car Irit worth $2100. It's not surprising that many large corporations choose the protection and safety of Volvo cars to safeguard their most important resource; their employees. And safety is now further enhanced in the 940 series, incorporating Volvo's unique new Side Impact Protection System, or SIPS,
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      111 6 ASIAN A DIRECT TO SEOUL From June 2nd Beginning June 2nd, Asiana saves you two hours with non-stop flights to Seoul each Tuesday and Saturday. That's in addition to our regular Mon.-Wed.-Fri. flights to Seoul via Bangkok. Soar to Seoul in comfort with the convenience of our sparkling 767-300 S.
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  • FINANCIAL NEWS
    • Article
      Lock icon Tokyo stockbroking firms' total net loss hits S$5b
      361 7 Securities industry wallows in red ink for first time in 27 years Reuter TOKYO Japan's securities industry, hammered by scandals and a stock market slump, has plunged into the red for the first time since 1965, the Tokyo Stock Exchange (TSE) said
      Reuter  -  361 words
    • Article
      Lock icon Salomon Brothers fined US$290m
      326 7 FT NYT NEW YORK Wall Street securities house Salomon Brothers agreed on Wednesday to pay US$29O million (***** million) in fines and compensation to settle charges relating to its alleged illegal activities in the US treasury markets in 1990 and 1991. Criminal charges, however, will not
      FT; NYT  -  326 words
    • Article
      Lock icon Price Waterhouse told to compensate Standard Chartered
      333 7 AP PHOENIX A jury has told Price Waterhouse to pay US$33B million (Sssso million) to a British bank because the accounting firm's audit led to a losing investment in an Arizona bank. The state jury on Tuesday agreed with London-based Standard Chartered pic
      AP  -  333 words
    • Article
      Lock icon National Australia shines in general banking gloom
      308 7 Reuter SYDNEY National Australia Bank (NAB) yesterday underlined its position as the jewel in Australia's banking crown by reporting another solid profit increase. Net profit rose by 12.3 per cent in the six months to March 31, to A 5405.6 million (*****.8 million),
      Reuter  -  308 words
    • Article
      Korea's KorAm Bank tapping market for US$40m
      335 7  -  By Kooi Cho Teng SINGAPORE Korea's seventh largest bank, KorAm Bank, is tapping the offshore markets for US$4O million (5565.2 million) for general funding purposes. The three-year loan, arranged by five leading banks, will be pegged at 40 basis points above the three
      335 words
    • SMALL CHANGE
      • Article
        Stanchart suffers huge losses in India
        59 7 BOMBAY Standard Chartered, the UK-based international bank, is being forced to make a provision of £50 million (S$ 145 million) to cover losses by its Bombay branch from securities deals. It is therefore likely to emerge as one of the two biggest losers with
        59 words
      • Article
        Barclays to sell US retail ops
        100 7 NEW YORK Barclays Bank has unveiled plans to sell off its 65-branch New York retail banking operations in a move that will mark the UK bank's withdrawal from the US retail banking business. The buyer of the Barclays operations is the Bank of New
        100 words
      • Article
        Jardines in Bombay
        56 7 HONGKONG Jardine Reming Holdings Ltd, the joint venture investment services arm of the Jardine Group and the UK's Robert Reming Group, has opened a liaison office in Bombay. The group said the office will give its clients access to the rapidly opening Indian economy by providing equity
        56 words
      • Article
        Philippine peso over-valued
        96 7 MANILA The Philippine peso is overvalued by more than 7 per cent and should be allowed to fall to its real level of 28 to 30 to the US dollar. World Bank senior representative Thomas Allen was quoted in the Business World newspaper yesterday as saying that
        96 words
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      44 7 3 X V N. S. t; V v/ *>( y U q r ore > ra« jG ft g ,<0 A V R N V 0 n Omni d Marco Polo Hotel Singapore WARMLY WELCOMING PEOPLE. FOR RESERVATIONS CALL 474 7141. EXT. 1930/1985 OMNI HOTELS ASIA-PACIFIC
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  • THE REGION
    • NOTE BOOK
      • Article
        Taiwan allows call for independence in polls
        79 8 TAIPEI Taiwan yesterday revised its election law to allow the open advocacy of independence for the island during election campaigns. Hsu Kuei-lin, secretary-general of the Central Election Commission, said the commission revised the law following last week's change in Article 100 of the
        79 words
      • Article
        Indon N-plant plan going ahead
        112 8 JAKARTA Indonesia will go ahead with its plan to build nuclear power plants despite criticism from environmentalists, Research and Technology Minister Yusuf Habibie said yesterday. "If we listen to them, we can't develop our country. The plan will go ahead because we still lack (electricity),"
        112 words
      • Article
        Son Sann's party holds congress
        75 8 PHNOM PENH The Khmer People's National Liberation Front (KPNLF) opened a two-day congress yesterday, the first to be held in the capital by a Cambodian Opposition faction in decades. The aim of the congress is to transform the armed movement, led by former premier Son
        75 words
      • Article
        Pre-election violence in Jakarta
        53 8 JAKARTA Indonesian police have arrested 16 people linked to pre-election violence during campaign rallies in Jakarta. Police in several major cities said violence erupted at rallies organised by the ruling Golkar party and the Opposition United Development Party and Indonesian Democratic Party in campaigning for the
        53 words
      • Article
        Shenzhen rail project underway
        62 8 HONGKONG Work has begun on China's first foreign joint venture rail project, which is a railway in the special economic zone of Shenzhen, the Hongkong China News Service said here on Wednesday. The 50-km railway, a venture involving Hongkong-based China Merchant Holdings Co Ltd and six
        62 words
    • Article
      Lock icon Khmer Rouge denuding jungles to sell timber
      517 8 CAMBODIAN Reuter PHUM THMEI, Cambodia Last year, a jungle stretched from the Khmer Rouge settlements of Phnum Thmei and Phnom Malai, in western Cambodia, in all directions for 40 square km. Now, there is only treeless flatland. "We will develop this area into
      Reuter  -  517 words
    • Article
      Hanoi discusses refinery project with Europeans
      443 8  -  Competition narrows as four Japanese firms back out By Harish Mehta SINGAPORE The competition to build Vietnam's first modern US$l.2 billion (S$ 1.95 billion) oil refinery has narrowed to two European giants, France's Total SA and the Royal Dutch/Shell Group, as four Japanese contenders
      443 words
    • Article
      Lock icon Vietnam lowers minimum wages to spur investment
      183 8 AFP HANOI In a bid to attract foreign investment to the country, Vietnam has lowered the minimum wage for employees of foreign-invested companies from US$5O (S$81) to US$35 or US$3O per month. Foreign companies and joint ventures in Hanoi and Ho Chi Minh
      AFP  -  183 words
    • Article
      Lock icon S Korean firms advised to diversify exports to S-E Asia
      393 8 AFP BernamaYonhap SEOUL South Korean companies were told that they can expand exports to South-east Asian countries only by diversification of their products. Exporters should focus on making small volumes of various kinds of products aimed at South-east Asia, which
      AFP; Bernama- Yonhap  -  393 words
    • Article, Illustration
      Lock icon KL to step up campaign against anti-logging groups
      372 8 AFP Bernama KUALA LUMPUR Malaysia announced that it will intensify an offensive against a global anti-logging campaign that is turning into a long-drawn political war between developed and developing nations. Primary Industries Minister Lim Keng Yaik, returning from a 15-day trip to
      AFP; Bernama  -  372 words
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      473 8 f CHEMICAL INDUSTRIES (FAR EAST) LIMITED. Y-fcs iLk: < ia PS sa NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY given that the Twenty-eighth Annual General Meeting of Chemical Industries (Far East) Limited will be held at the Registered Office of the Company at 52 Jalan Buroh. Singapore 2261. on
      473 words
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      Page 8 Advertisements Column 2
      100 8 Bottom! ine, Back Pg This announcement appears as a matter of record only P.T. GREAT GIANT PINEAPPLE COMPANY U5D28,000,000 SYNDICATED FACILITY Arrangers BANQUE NATIONALE DE PARIS, P.T. BANK LTCB CENTRAL ASIA SINGAPORE BRANCH Lead Managers BANQUE NATIONALE DE PARIS, SINGAPORE BRANCH P.T. BANK BNP LIPPO INDONESIA P.T. BANK LTCB CENTRAL
      100 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Jiang Zemin throws weight behind reforms
      428 9 Party chief mouthing Deng's call to learn from capitalists Reuter BEIJING Chinese Communist Party leader Jiang Zemin has staked his position firmly in the pro-reform camp with a glowing tribute to capitalism. In comments to university and college graduates, carried on the front pages
      Reuter  -  428 words
    • Article
      Lock icon Japan urban residential property prices down, survey shows
      239 9 NYT TOKYO A survey of Japanese urban property values has found a 12.3 per cent fall in residential prices in the six months to the end of March, the largest fall in the post-war period and an indication of the severe pressure
      NYT  -  239 words
    • Article
      Lock icon EC calls for urgent action to force open Japanese market
      422 9 AFP BRUSSELS The European Community, alarmed by its rapidly-deteriorating trade deficit with Japan, has called here for a counter-offensive to force open the Japanese market to European products. The EC's Executive Commission called for an in-depth study of its trade
      AFP  -  422 words
    • Article
      Lock icon Taiwan to scrap list of banned foreign investment
      250 9 AFP TAIPEI Taiwan is to remove a 38-year ban on selected foreign investment in an economic liberalisation. Investment Commission officials said yesterday. Economic Minister Vincent Siew on Wednesday instructed the commission to scrap the "negative list" covering 391 items which had been
      AFP  -  250 words
    • Article
      Lock icon Investors now want big markets, not cheap labour: IFC report
      299 9 FT LONDON Investors are no longer hunting for cheap labour in developing countries. They want big markets, quality infrastructure and high skill levels, according to the International Finance Corporation (IFC), the World Bank's private lending arm. Strongest growth in private
      FT  -  299 words
    • WORLD WATCH
      • Article
        South America in no hurry for wider free-trade zone
        109 9 MEXICO CITY South American nations have jump-start-ed efforts at economic integration but are unlikely to be interested in joining a wider hemispheric free-trade anytime soon, experts said on Wednesday. Although regional blocs such as the Andean Free Trade Zone and the
        109 words
      • Article
        Investments in Mexico up 54pc
        60 9 MEXICO CITY Foreign investors ploughed US$3.O4 billion (554.9 billion) into Mexico in the first quarter, up 54.5 per cent from year earlier figures. Trade Ministry (Secofi) data show. Of the total, US$l.69 billion flowed into the stock market. Another US$l.35 billion flowed into direct investment
        60 words
      • Article
        W Germany's trade surplus up
        68 9 WIESBADEN, Germany Western Germany's trade sur-'! plus rose in March to 4.4 billion marks (554.49 billion), after' 1.6 billion marks in February and 2.6 billion in March 1991, the Federal Statistics Office reported on Thursday. Imports last March were 57.301 billion marks, an increase of
        68 words
      • Article
        German builders see firm growth
        75 9 BONN Germany's building sector should outperform the broader economy this year, with strong housing and commer- cial demand leading to real volume growth of about 3.5 per, cent, according to the German Building Industry Association. Its president, Hermann Becker, told a German building sector conference
        75 words
      • Article
        UK retail sales up 0.8pc
        76 9 LONDON British retail sales climbed 0.8 per cent in April as consumer spending rose after the ruling Conservatives' surprise election victory on April 9, economists said. "This figure is clearly a rebound from the weak March figure. People simply put purchases off until after the
        76 words
      • Article
        US gives Russia credit guarantees
        66 9 WASHINGTON The US Agriculture Department, after three weeks of negotiations with Russia, on Wednesday released half of a promised US$6OO million (Ss97B million) in credit guarantees to Moscow to buy grain and food to ease the transition to the free market. The remainder will be
        66 words
    • Article
      Lock icon OAS acts to diplomatically isolate coup makers
      432 9 Member-nations can now be suspended for anti-democratic acts AFP NASSAU The Organisation of American States (OAS) voted on Wednesday to amend its charter to allow member-nations to suspend nations that resort to coups or other assaults on democratic institutions. Peru, where the president
      AFP  -  432 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      132 9 INVESTMENT um R E R S 0 PERTH Australia's No. 1 Resort (1991) in the picturesque Swan Valley. Date: 23rd and 24th of May Venue: Monet Room, Ist Floor Oriental Hotel Time: 10 am 8 pm Choice of 1 acre (4,000 sq m) housing lot with golf fairway frontage Only
      132 words
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      Page 9 Advertisements Column 2
      130 9 wl: Dinally there S a seafood luff el guarantee Jto send seafood (overs into raptures. Picture platters of marinated and Smoked seafood andfresh ousters. J marine M tureens of steaming bisques and chowders. \Jisualise chilli crals, spicy curries and lobsters in blacb bean sauce. that sjust a small, but mouth-watering
      130 words
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  • Article
    Les Miserables
    472 10 EDITORIAL WHAT DO Indonesia, El Salvador, Congo, Gambia and Syria have in common? One, are they members of •a new task force of the United Nations on Environment? Two, are they part of the NonAligned Initiative on Prevention of Terrorism? Or three, none of the above. It is,
    472 words
  • Article
    Competitiveness to close the gap
    401 10 International Business Week says in an editorial that improving competitiveness is the way to narrow the income gap THERE is a lot of quibbling going on about the nature of income distribution in the US, but no matter how you slice it. the gap between
    401 words
  • Article
    The myth of industrial policy
    872 10  -  Using government subsidies to develop technologies is the wrong way to improve competitiveness, argues Gary Becker Gary Becker The writer is professor of economics at the University of Chicago and a fellow of the Hoover Institution. This article is reproduced from International Business Week by
    872 words
  • WHAT THE OTHERS SAY
    • Article
      No refuge in hypocrisy
      268 10 ON the face of it, Italy's appeal to the United States to help succour refugees fleeing BosniaHerzegovina is understandable. But it is the way in which it justified its appeal that is interesting. According to Immigration Minister Margerita Boniver, the tragedy was assuming epic proportions, and
      268 words
    • Article
      A better spread
      113 10 THE latest figure on the achievement of NUS Muslim undergrads is very encouraging. Those who go on to honours degrees in the faculties of Arts/Social Sciences, Science and Business Administration have increased from 14 last year to 24 this year. If this trend continues, the Malay-Muslim community
      113 words
    • Article
      Regaining stability
      101 10 AT the moment, Mr Fidel Ramos is ahead in the vote tally in the Philippines. A moderate Ramos government seems to be in the making. But even il Mr Ramos is able to take over the reins smoothly, he would face an unenviable task in implementing policies because
      101 words
  • REGIONAL VIEWPOINTS
    • Article
      Private sector's turn
      174 10 IT is envisaged that the 1990s will see the emergence of large financial conglomerates that besides accepting deposits and granting loans will be more Universal in their business activities and provide a wide range of financial services such as corporate advice, portfolio management, trust activities, venture investments
      174 words
    • Article
      Crisis in Bangkok
      182 10 IT is perhaps useful to remember, however, that in the face of such crises, the Thais have in the past shown a rather remarkable aptitude for resolving them adequately. The country has seen 17 coups, failed or successful, in the past 60 years. Perhaps, in a sense,
      182 words
    • Article
      Democracy and militarism
      161 10 POPULAR acceptance of coups as a way of political life in Thailand has ended. It demonstrates that democracy and militarism cannot necessarily be mixed in the governance of a country. It is yet another lesson for us to continue to respect each other's authority and the line
      161 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      88 10 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
      88 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      22 10 DOONESBURY vjunau, w &arfTHiN6 THATS 60NZQ0WH&Z HAS rvreNenweoHTte Defensive... its, we, even mthmyoujn (HACK Ff&NPS, IFECL UKBL sußeuexesntL, Jcox. BY GARRY TRUDEAU
      22 words
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  • ANALYSIS
    • Article, Illustration
      Will history repeat itself?
      1174 11  -  The presidential race in the Philippines has conjured up visions of a past election, writes A 1 O Labita Jr from Manila Al O Labita Jr THERE are ominous parallels between what happened in 1986 when Ferdinand Marcos rigged the polls and was subsequently toppled by
      1,174 words
    • Article
      Lock icon Breaking the poverty barrier
      1333 11  -  Studies in the US have uncovered data showing that it is more difficult these days for a poor American to make good. Sylvia Nasar reports Sylvia Nasar NYT IN THE continuing debate over the distribution of wealth and income the richest one per cent of American
      NYT  -  1,333 words
    • Article
      Lock icon The pros and cons of the GSP
      887 11  -  Frances Williams examines why the Generalised System of Preferences is regarded as only a qualified success Frances Williams FT RICH and poor countries arc meeting in Geneva this week to look at ways of strengthening the preferential trading arrangements for developing nations under
      FT  -  887 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      136 11 Toiar Perfect Clioice RENE HAIR PLACE For most of us, encounter with baldness is inevitable.Whether it's because of age or hereditary, your baldness can be rectified with one simple yet fully effective solution. And that solution? Rene Hair Place the hair weaving specialist. Whether it's a certain area or the
      136 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      638 12 BUD LIGHT A I Nv» OF BEERS* GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT SNACKS WITH GOOD FRIENDS. Kings A MEMBER OF CDL
      638 words
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      Page 12 Advertisements Column 2
      213 12 WHERE TO WINE, DINE... IS BACK WITH HARD ATTACK! Catch her in the act for a rollicking good time! Besides, you can challenge your friends to a game of Shove Penny or Electronic Darts and beat 'em hollow! Happy Hours: 6pm 9pm (Mon Fri) 0 Only $3++ for a beer.
      213 words
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      Page 12 Advertisements Column 3
      316 12 A TASTE OF TWO PROVINCES i; 4 j m:r r i-3 JIANGSU ZHEJIANG I Abundance Land of Thrtil Savour Jiangzhe Cuisine the delectable combination that's emerged out of rich Jiangsu and thrifty Zheqiang. An experience not to be missed. At Pine Court. Make your reservations early. IN CONJUNCTION WITH I
      316 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      584 12 TELEVISION AND RADIO worried SBCI2 W& 7.00 PM CNN International (L). 8.00 National Geographic Explorer (See Our Choice). 9.00 Evening Shade I Do, I Don't (Stereo. Last ep). 9.30 LA Law C hariots of Meyer (See Our Choice. Last ep). 10.30 Sports Centre: NBA Basketball (I) Detriot Pistons v New
      584 words
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  • LIFESTYLE 1
    • Article, Illustration
      Lock icon Baby babble
      733 13  -  Is Murphy Brown a tramp? To the powers that be in the White House, this is not a black-and-white issue. Michael Wines reports Michael Wines NYT Thailand is in turmoil, the federal deficit is ballooning and hot embers of racial resentment still smoulder in the ruins of inner-city
      NYT  -  733 words
    • Article
      Lock icon If the boss ignores you, pretend you've not seen him
      430 13  -  Some Japanese are relearning the finer points of etiquette by reading the Business Manners Bible. Peter Landers has read the book Peter Landers AP IT'S DIFFICULT enough for foreigners to master the subtleties of Japanese manners, but now Japanese themselves
      AP  -  430 words
    • Article, Illustration
      Playing it by ear
      626 14  -  The Necessary Theatre is experimenting with Triangles, for this year's Arts Festival Fringe. Cheryl Liew was at tne rehearsal Cheryl Liew AFTER speaking to Haresh Sharma over the phone for a while, you find out that he is using his "good ear" to converse with you.
      626 words
    • Article, Illustration
      John Kennedy Jr gives JFK a miss
      277 14 CHATTERBOX JOHN KENNEDY JR says he will not see Oliver Stone's controversial film JFK about his father's assassination and wonders whether the senior Kennedy would go into politics today "given the tenor of the times". Speaking publicly for the first time about his
      277 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      233 13 AND ENTERTAIN Hubertus Grill Goes Austrian Again; The ever popular Austrian Food Promotion is on again at Hubertus Grill... Come savour this annual affair of glorious Austrian specialities... Dinner only 7 pm to 10.30 pm 19 30 May 1992 For reservations, call 732-1222 extension 1582 or 1597. ANA HOTEL SINCAPORE
      233 words
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      Page 13 Advertisements Column 2
      69 13 Set TKmu (For 10 person/ $3&S, IV Barbequed Poking Duck Complimentary B.fthday Cake (Booking 2« Hri in advance > lohster Salad *lf resh fiwt Shark s fm wiSalad Chdceo Pork Rihs m Pineapple Chcken m 3 flavours fled fish w'Soya Bean Crurrh Season Vegetable w/Pacihc Clam Pu lien hied noodles
      69 words
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      Page 13 Advertisements Column 3
      176 13 ROADHQUSE ELVIS PLACE TAPS PUB ENTERTAINMENT GUAN'S PLACE_^_ROADHOUSE w u < _jl CL Z < o M Z u z < H a: u H z w u Gse!3*a When the FINER THINGS IN LIFE ARE WITHIN YOUR GRASP. IT S ONLY NATURAL TO REACH FOR A GLENFIDDICH. AND NOW
      176 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      220 14 m isas#| w§tat*r mfl r y<£ ~v X £H 1 t399P»£3? *»•>.iv' v >•,« <v f JiK<' vs? s v*§|P/ <0> < JV x"&mr V,*" -Ml iy® -feal Wf: •'<j t.;V A At: B fIH €mM'- >^0 tSSBK?! 'WvMgM Tbnrmy Armour Sflver Scot 845s Now the hottest iron in the
      220 words
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      Page 14 Advertisements Column 2
      156 14 Investment Opportunities in Vancouver, British Columbia Rare opportunity to acquire four concrete highrise buildings all in one whole city Mock with 151,644 Sq.Ft land. Gross annual Income $3,180,000 Canadian. Asking Price $34,000,000 Canadian Also available: West End Prime Development Site Joint Venture Prime commercial properties offering up to 10% Cap.
      156 words
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  • FOCUS
    • Article
      The army as saviour and stabiliser?
      816 15  -  The turbulence in Thailand underscores the limits of military involvement in civilian life in various South-east Asian states where the army plays a major political role. Yang Razali Kassim analyses the power of the armed forces in the region. Yang Razali Kassim THE crisis
      816 words
    • Article, Illustration
      Thai generals make their last stand
      704 15  -  Salil Tripathi looks at the pulls and counter-pulls among the generals in the Thai army. Salil Tripathi WHEN beleaguered Thai Premier General Suchinda Kraprayoon this week termed his opponents communists, he was invoking the ghost of a not-too-distant past which his military machine used
      704 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      258 15 In Batam, We're The Perfect Setting For A Business Stay FHi,; f A. St** 5 ysm Hotel Lobby If you're travelling to Nagoya on Batam island, you'll be pleased to know that your Business needs can now be well taken care of. The New Holiday Hotel is the largest and
      258 words
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      Page 15 Advertisements Column 2
      62 15 RENAULT 25 "The handling is truly first rate considerably better than the standard achieved by many illustrious German sports saloons". V 6 INJECTION 000 $15° lA 1 tion ISTHA RE g r. 4 —"T 1* UK 1 -i~«J y- -«-V 2 f* v*v--7 V m •Ot. 15 sfi ■•5/t 24
      62 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      175 16 The moving of your business to a better, more strategic location is one of those blindingly obvious solutions that you've .V Often The Shrewdest Business Move Is To Simply Move Your Business. probably never thought about. At least, not until now. A business that is standing still is going backwards.
      175 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      194 17 Road makes Ngee Ann City as attractive to employees mm m fa* -Ni ee Ann City Businessmen Who Never Compromise, ■ice Building That's The Same. Chesterton INTtHNATIONAt \v li IS N C IJL as it is to employers. A w ork location that offers a veritable feast of enterMgee Ann
      194 words
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  • SPORTS 1
    • SIDE LINES
      • Article
        Barcelona savours victory at last
        192 18 WEMBLEY, England Dutchman Ronald Koeman ended decades of misery for Spanish soccer giant Barcelona on Wednesday when his 18-metre free kick nine minutes from the end of overtime gave his team a first-ever European Champions Cup triumph with a 1-0 victory over Italy's Sampdoria. After
        192 words
      • Article
        Edberg loses
        83 18 DUESSELDORF, Germany Stefan Edberg suffered another setback on Wednesday in his tune-up for the French Open, losing 7-5, 6-4 to Guy Forget of France at the Peugeot World Team Cup tennis tournament. As defending champion, Sweden's only win at this US$l.4 million tournament thus far was Magnus Gustafsson's
        83 words
      • Article
        Hatchet creates waves
        116 18 AMSTERDAM "The Hatchet", a newfangled US-made oar, continues to provoke controversy in the rowing world as the Olympics approaches. The Netherlands on Wednesday joined Britain to urge the International Rowing Federation (Fisa) to ban the oar at the Olympics because of confusion as to whether it makes
        116 words
      • Article
        Hack upsets champion
        66 18 LUCERNE Unseeded Sabine Hack of Germany upset defending champion Manuela Maleeva-Fragniere of Switzerland 6-4, 6-3 on Wednesday in the second round of the US$l5O,OOO European Open tennis tournament. Maleeva, the ninth-ranked woman player worldwide and the tournament's top seed, lost her service in the opening game and
        66 words
      • Article
        Can King crown her glory?
        92 18 CORNING, New York If Betsy King pulls off a victory at this week's LPGA Corning Classic, it will be a double feather in her cap. For one, the defending champion would become the first player in the 14-year history of the Corning tournament to win
        92 words
    • Article, Illustration
      Lock icon Lewis finally gets recognition at home
      1184 18 NYT HOUSTON He has probably reached a point in his career at which comparisons with Jesse Owens no longer serve him properly. In a dozen years of international competition, Carl Lewis has run and jumped into a higher level of consideration, certainly high enough
      NYT  -  1,184 words
    • Article, Illustration
      Lock icon Sweet madness at incredible speeds
      733 19 Reuter INDIANAPOLIS Eddie Chcever says driving at 230 miles per hour (370 kph) at the Indianapolis Motor Speedway is "sweet madness". As the 76th annual Indianapolis 500-mile race looms this Sunday, many people have been asking if it is time to stop the madness. Roberto
      Reuter  -  733 words
    • Article
      Lock icon Andretti qualifies for outside front in Indy 500
      322 19 AP INDIANAPOLIS By the time the green flag starts the Indianapolis 500 on Sunday, Mario Andretti will have driven the raee countless times in his mind. No matter what scenarios he envisions, though, the outcome will depend on being at the right
      AP  -  322 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      104 18 DYNA-MECH ELECTRONICS IS NOW Goldtron ELECTRONICS illllli Dyna-Mech Electronics Pte Ltd has proudly become a part of the Goldtron Group. In line with this, we have changed our name to Goldtron Electronics Pte Ltd. Today, we are equipped with the most sophisticated manufacturing technology including latest state-of-the-art robotic assembly and
      104 words
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      Page 18 Advertisements Column 2
      23 18 If you're planning for an exciting career move, The Straits Times APPOINTMENTS is just the place to start looking for that perfect position.
      23 words
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      Page 18 Advertisements Column 3
      43 18 CONVERSATIONS AT RAFFLES I Yes. stability is good for business. But not perfect stability. Find out why Hugh Norton, regional head of British Petroleum, thinks business thrives best when there is less than perfect stability. It's all in Executive Lifestyle. Tomorrow. Business Times
      43 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      381 19 Ctxpf Engineer FOR RELIABLE SERVICE, PRODUCT AND SYSTEM, YOU CAN DEPEND ON TEAM TRANE. II Eqwpmenc Systems Engineer THE BEST VAUJE CALL: 468 8622 FOR ENQUIRIES. FAX: 468 1828 YOU'RE LOOKING H THE PRINCIPLE BEHIND OUR LATEST mm. >X' 3 'r%'i >- :-x X rs fcl m 5rS#N M nV-:
      381 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Investors take profits on bank, car-related stocks
      685 20  -  By Joseph Rajendran OVERSEAS UNION BANK, together with a few banking and motorcar-relat-ed stocks featured on an otherwise dull trading day on the Stock Exchange of Singapore. Perhaps the happenings in Thailand had caused many investors to sit out on the sidelines as
      685 words
    • Article
      Untitled
      3147 20 MAIN BOARD Gr's Gr't 1992 Tel Ci WT Ust Vol Day Last Quote Div Div YTd Net M Cap High Low Code Company Traded Sale +or(U00) High Low Buyer Seller O P/E Smil INDUSTRIAL AND COMMERCIAL 220 210 257 200 1190 170 210 215 t 120 z 040 t 1000
      3,147 words
    • Article, Illustration
      Lock icon HOT STOCK
      72 20  -  By Quak Hiang Whai Comment DAILY and weekly stochastics for Sime Darby have bottomed out, suggesting the stock may be oversold and a rebound is likely. But if the rebound fails to materialise and a break below $2.50 occurs, the stock could fall to $2.38 in the next
      SOURCE: BRIDGE INFO  -  72 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    976 21 MAIN BOARD LOANS WARRANTS 1992 1 Td CllIT last Vol Day Last Quote Rate Gr's VTd V AM) RHMT 1 High Low Code Company Traded Sale +or- uUU) Mign 1 Berjaya Grp Ln 61 58 62 61 59 1593 HK 1 16 20 80 12
    976 words
  • Page 21 Advertisements
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    2208 22 RISES (S) MAS 446 6 1.4% MMC 10* 148 f 4 2.8% TDM 72 3 4 3% Esso 50* 436 2 0.5% Shell 454 2 0.4% Pi Dev Hldgs 90 |V 2 1.7% Paramount 92 V 2 |Vj 1.6% Golden Mope 121 1 0.8% MAA
    2,208 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      578 22 BUSIN E S S TIMES NOTI C E S Toll free Tel No: 737 -0043 Fax No: 734 3698 IN THE MATTKR Of THE COMPANIES ACT, CAP. M JIT JIT BUILDINO (ON TR ACTOR PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an extraordinary general meeting of the company held at
      578 words
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      Page 22 Advertisements Column 2
      397 22 IN THE MATTER Of THE COMPANIES ACT, CAP 50 AND IN THE MATTER Of COCOMOSS SOIL SERVICES PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Members of the Company duly convened and held at No 88 Stevens Court #04-01, Singapore 1025 on the 14th day
      397 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices drift lower on profit-taking
      475 23 Bernama THE CONTINUED profit liquidation of speculative stocks which had risen sharply recently brought share prices here to a lower close yesterday. The KLSE Composite Index at the close dropped 1.23 points to 592.86. The Industrial Index was 7.75 points down at 1,056.36 and
      Bernama  -  475 words
    • Article
      Untitled
      35 23 I CftCkin Adjusted for new issues: Par value $1 unless otherwise specified; P/E LLV3IIIU ratios are not adjusted for currently differences; For computerised price quotation on ready market, call 166 for information on Stockline Service.
      35 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS FORECAST
      27 24 Forecast figures are contributed by Baring Securities. Crosby Securities. DBS Sectirities. GK Goh Securities. Hoare Govett Securities and Kay Ilian James Capel. EPS are annualised.
      27 words
    • Article
      OTHER RESULTS DUE
      62 24 Net Profit represents consolidated earnings after provision for depreciation,interest charges, taxation and mnonty interests; I: Intenm; F: Fnal; (a): In milhon yen; (b): In Austrakan dollars, (c): m m*on guilders, (d) In HKjm, (e) In USJm; (f) 1990 results, (g) Period of 9 mths &EPS aiwuaksed. Profit
      62 words
    • Article
      AUDITED RESULTS
      2 24
      2 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      12 24 Deemed Interest (a, Enlarged share capital na: Not Avatebie
      12 words
    • Article
      PRELIMINARY RESULTS
      2 24
      2 words
    • Article
      INTERIM RESULTS
      138 24 Figures in brackets are for the previous corresponding period L: Loss, TE: Tax Exempted, N: Net, NY A: Not Yet Available. Adiusted for scr*> issues, (b): In million Dutch Florins, (e): Profit after tax. (d): In million HKJ, Company's profit, (0: million yen, (g): Profit after tax minority
      138 words
    • Article
      CORPORATE DEVELOPMENTS
      270 24 May 20 Haw Par Brothers International Ltd has set up a representative office in Shanghai to oversee its activities in China. May 19 GRP Ltd, a specialist in the supply of marine and industrial hoses, launched its initial public issue of 12m 20-cent shares at 43 cents apiece
      270 words
    • Article
      DIVIDENDS ANNOUNCED
      132 24 M shares quoted have a par yalue of SI unless otherwise specified. NYA Not Yet Awariabte. Int Interest I Interim, N Net TE Ta* Exempt S Special dividend, (a) Adjusted for scnp issue; (b) First and Final, (c) Includes 4% special dwdend: (d) Includes 6% special diwdend; (e)
      132 words
    • Article
      APPROVED ISSUES
      2 24
      2 words
    • Article
      PROPOSED ISSUES
      2 24
      2 words
    • Article
      COMPANY MEETINGS
      101 24 Sitgapore Shipbuidnf Engineering Ltd: 24th AGM at the Board Room, 7 Benoi Road, Singapore 2262, on Thursday, May 21, at 2.30pm The Great Eastern Life Assurance Company Ltd: 84th AGM at 65 Chulia Street, #18-01, OCBC Centre, Singapore 0104, on Thursday, May 21, at 11.30 am fmurai Hotdngs
      101 words
    • Article
      SCRIPLESS CONVERSIONS
      2 24
      2 words
    • Article
      RECORD HIGHS & LOWS
      3 24 RECORD HIGHS LOWS
      3 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      67 24 Above are prtca treads «a Mm worU't aia|ar stack markets as catcalatad by Margaa Stanwy vipnii imtmiiiMii renpcciwt, mmvi. inotcn niriN iiu •rt imm vtm a basa of 100 at tha bigtawlag at IMS. Tba alter Mtcas are takaa treat a basa at 100 at
      67 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Thai stocks soar 9pc on hopes of end to violence
      266 25 Reuter THE STOCK INDEX soared 9 per cent on a market perception that a parliamentary compromise is being forged to allow Prime Minister Suchinda Kraprayoon to step down gracefully, brokers said. The SET Index rose 61.30 points to close at
      Reuter; Source: Bridge Info  -  266 words
  • Article
    Lock icon JAKARTA STOCK EXCHANGE
    32 25 Reuter The market report for Jakarta was not available. On the scoreboard (based on stocks listed in BT), 32 counters rose, 18 fell and 40 were traded unchanged. Reuter
    Reuter  -  32 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      9 25 Read Personal Investment Finance in Business Times every Saturday
      9 words
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      Page 25 Advertisements Column 2
      31 25 Where to go for our magazines Difficulty in getting a copy of Her World, Go, Singapore Business, Home Decor, Young Parents? Call our Hotline 749 2577 for locations of nearest newsstands.
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      Page 25 Advertisements Column 3
      199 25 5 ,f i?V t; r V Some Reasons For THE STRAITS TIMES WEEKLY OVERSEAS EDITION Your son is studying overseas. And you want him close to home with news from home. Someone dose has been living in Canada for some years. You've given up writing those long letters. The Straits
      199 words
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      Page 25 Advertisements Column 4
      297 25 NOTICE il THE MATTER OF THE COMPANES ACT, CAP. 50 AND IN THE MATTER OF CHNG DEVELOPMENT PTE LTD (M MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Members of CHNG DEVELOPMENT PTE LTD, duly convened and held at Block 165 BukitMerah Central. #06-3679/81. Singapore *****n Thursday, May
      297 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks end little changed in dull trading
      2267 26 Reuter TOKYO STOCKS closcd barely changed in dull trading after recouping early losses yesterday. With a general lack of fresh factors and few surprises in corporate earnings, many investors took a wait-and-see attitude, brokers said. But sentiment remained firm, and profit-taking was limited.
      Reuter  -  2,267 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares hit new high on heavy volume
      2512 26 AP AFP SHARE prices closed at a record high yesterday in heavy trading. The Hang Seng Index, the market's key indicator of blue chips, rose 111.85 points, closing at 5,865.61 and breaking the previous high of 5,757.95 set on May 13. Turnover amounted
      AP; AFP  -  2,512 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices little changed as investors digest results
      1740 27 UPI THE Sydney stock market marked time yesterday as investors paused to digest sharply contrasting results from two of Australia's largest banks. At the close of trading, the All Ordinaries Index had risen 0.6 point to 1,682.6. Bank stocks caused much weakness, triggered
      UPI; Source: Bridge Info  -  1,740 words
  • REGIONAL STOCK MARKETS
    • Manila stocks close near record high
      • Article
        MANILA
        139 27 SHARES climbed to their highest levels in 1992, closing just below their all-time high on optimism about the second half under a new government. Brokers predicted more gains before the weekend. The Manila Stock Exchange Composite Index advanced 18.60 points and finished at 1,376.80, only slightly below its record
        139 words
      • Article
        SEOUL
        90 27 ACROSS the board selling dragged the Seoul stock market to a lower close for the third consecutive day, brokers said. "Investors actively took profits in the belief the market is in a correction," a Tongyang Securities broker said. The composite stock index lost 6.08 points to 573.83 on turnover
        90 words
      • Article
        NEW ZEALAND
        169 27 The New Zealand share market gave up initial gains to end generally steady overall, but most blue chips lost one or two cents each in a lacklustre session. Most players had expected the market to open lower in expectation of the Australian market coming under pressure from Wednesday's
        169 words
      • Article
        BOMBAY
        127 27 SHARE prices on Wednesday recovered from a weak start to finish mixed in erratic trading ahead of end-account, brokers said. The Bombay Stock Exchange Index closed at 3,559.28, down 9.39 points from Tuesday's close, after hitting a low 3,495.29. The National Index gained 1.71 to 1,548.86. "Trading was mainly
        127 words
      • Article
        TAIPEI
        87 27 STOCKS ended slightly higher after late profit-taking pulled the index off its highs. Brokers said the index would continue moving between 4,500 and 4,600 points in coming days. The weighted index ended 3.67 points higher at 4,563.67. Turnover was an active NT535.82 billion against NTS 30.1 billion. Brokers said
        87 words
      • Article
        Untitled
        0 27
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  • WORLD STOCK MARKETS
    • Dow fails to break 3,400 mark
      • Article, Illustration
        NEW YORK
        414 28 STOCKS retreated in active trading on Wednesday as investors became disillusioned that the Federal Reserve did not ease interest rates to spur an economic recovery that was showing signs of slowing down. The market's failure to extend a twoday rally once again derailed the Dow's attempt to crack
        414 words
      • Article, Illustration
        LONDON
        265 28 THE London Stock Exchange closed slightly higher on Wednesday, falling from a mid-morning FTSE-100 gain of 24 points, as traders reacted to a dip in the futures market and a lack of direction from Wall Street. The blue-chip FTSE-100 index, which dropped three points on Tuesday, closed 11.3 points
        265 words
      • Article
        FRANKFURT
        560 28 THE Frankfurt bourse surged to a 21month high on Wednesday as domestic and foreign investors rushed to buy German shares, attracted by a run of good news this week which brought the market back into favour. "There has been an upswing in sentiment," said Holgar Bosse, CSFB-Eflec-tenbank broker. "The
        560 words
      • Article
        AMSTERDAM
        229 28 SHARES closed moderately higher in quiet trading-range business, with some traders slightly disappointed about the market's performance after the overnight record high close on Wall Street, a slightly higher dollar and a firm bond market. "I had expected more than this relatively small rise today," one trader said. The
        229 words
      • Article
        ZURICH
        195 28 SHARES closed slightly higher in fairly quiet trading. Brokers said the market gave up some earlier gains on a lack of buying interest. The all-share SPI index closed 3.1 points higher at 1,197.2 after peaking earlier at 1,198.6, and the SMI blue-chip index added 5.4 points to 1,933.4. While
        195 words
      • Article
        TORONTO
        142 28 STOCKS shadowed Wall Street to end slightly lower as many players remained sidelined awaiting further news on possible cuts in US and Canadian interest rates. The market expects a cut in the US discount rate and a possible drop in Canadian prime rates. "The market is waiting for a
        142 words
      • Article
        Untitled
        7 28 Source: S-E-Banken Source: Z- Landerbank Bank Austria
        7 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback ends slightly firmer in quiet Tokyo trade
      1138 29 REPORTS ASIA Tokyo: The dollar closed slightly firmer against the mark and the yen yesterday after fluctuating very narrowly in subdued trade with a lack of incentives. "Dealers felt there is nothing they can do about this market," said Hiroyuki Maru, a
      1,138 words
    • Article
      Lock icon Bundesbank stands by mark, questions boosting of ECU market
      331 29 AFP FRANKFURT The German central bank, the Bundesbank. underlined the stature and integrity of the mark and warned against "artificial" boosting of the ECU loan market by governments, in its monthly report for May published on Wednesday. The importance of the
      AFP  -  331 words
    • Article
      INTERBANK FOREX RATES
      16 29 Source: UOB Source: Astley Pearce OCBC Exchange Rate Index May 21 Source: OCBC
      16 words
    • Article
      MONEY MARKET
      38 29 Rates quoted by Astley Pearce Rates quoted by NatWest Sow Based on-Jalcsi m»o Source: The Monetary Authority of Singapore entral hank discount rates tvirane ol 12 hanks bloal Source: National Westminster Bank Source: National Westminster Bank
      38 words
    • Article
      FINANCIAL FUTURES
      450 29 Note: Open interest and actual volume are for previous day trading Source: Singapore International Monetary Exchange May 21 9475 102 A 101 9500 3 9550 39A 37 9575 22A 21 22 17 21 9600 12 11A 11 Dec 92 calls Dec 92 puts High Low Sett High Low
      450 words
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  • COMMODITIES
    • Article
      Lock icon Inro expects pick-up in rubber demand, prices
      295 30 Reuter KUAI.A LUMPUR Rubber prices are poised for an upturn on the back of increased demand even though the current turmoil in Thailand. the world's top grower, has not sparked a rally. "1 expect a gradual improvement in prices in the second half
      Reuter  -  295 words
    • Article
      Lock icon Mixed Japanese reaction to trading in S'pore exchange
      406 30 AFP SINGAPORE Japanese rubber traders, seen by Singapore as potential key players in its new futures contract, on Wedn.sday expressed mixed feelings about dealing on the revamped exchange to be opened here next week. Some expressed confidence that volumes would be large
      AFP  -  406 words
    • Article
      S'pore robber falls with upbeat Thai news
      818 30 REPORTS SINGAPORE: Forward prices for ribbed smoked sheet grade one (RSS-1) fell sharply yesterday following the perception that Thailand's political unrest will end soon with King Bhumibol's intervention, dealers said. "Japan started the ball rolling (selling) this morning and Singapore followed. Traders from
      818 words
  • Article
    PRICES
    5 30 Source: UOB Source: Telerate
    5 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1593 30 business times IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF RANTHAM PTE LTD (In Mint>i»' Voluntary NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 24 Jaian SHang ***** Kuala Lumpur Malaysia on
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      Page 30 Advertisements Column 2
      6 30 Innovation Technology in BT every Tuesday
      6 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1340 31 C«T F*«M eta FK0rt no CM, FH|M ETA FNtfrt rrc Afea DMM GA970 2035 fitlinnntwi CI91 0246 Qf81 1955 wzzMX KjoltsloftE MI211 2310 MI212 134C mm KorocM SQ418 1245 Aaaaaa RJ182 1440 RJ 183 2340 Kill himhiln SQ187 1420 SQI88 090C AauUfdaai KL837 1255 SQ24 KL838
    1,340 words
  • THE TRAVEL PAGE
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      38 31 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. We know Europa from start to Finnish
      38 words
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      Page 31 Advertisements Column 2
      8 31 Innovation and Technology in Business Times on Tuesday
      8 words
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      Page 31 Advertisements Column 3
      473 31 BUSINESS TIMES IN THE MATTER OF THE COMPANIES ACT. CHAPTER 90 AND IN THE MATTER Of C.T.T. PRIVATE LIMITED (MEMBERS VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the abovenameO company held at its registered office. 47 Hill Street •05-04, Chinese Chamber of Commerce Industry Building. Singapore 0617. on Tuesday.
      473 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      117 31 Called round at one time, full of self-importance (9) A little creature left without cash (3) Being extravagant in a loghut's ludicrous (7,3) Post protection (9) The principal's sound memorial (9) Less experienced maybe, but more environmentally aware (7) Vote against any changes (3) There's many a poem written in
      117 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      44 31 WEATHER Singapore Outlook: Showers over several areas in the late morning and early afternoon. Report Maximum temperature. Assoc humidity Minimum temperature. Assoc humidity Hours of sunshine Rainfall in mm Rainfall this month Rainy days this month.. 32.7 70% 26.5 97% 5.50 Nil 52.8 9
      44 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      25 31 J.MIIPUIUH, BriStcMT:F»iiic^eDg C ASSOCIATED NEWSPAPERS LTD.. IM2-IM2 JONES C. UJRS TMC?£ eVCR R noneMT in T,me LJHeN eve*>trmuG yGOING foR VOU p <—CD 066 O
      25 words
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  • Article
    Lock icon Poll body says there may be rigging, urges probe
    493 32 Philippine election Unofficial tallies show Santiago overtaken by Cojuangco Reuter MANILA A governmentbacked poll body said yesterday it suspected that results of the Philippine presidential election were being rigged and urged an immediate investigation. In a letter, the Media Operations Quick
    Reuter  -  493 words
  • Article
    Lock icon EC accord reached on subsidy reforms
    321 32 AFP Reuter BRUSSELS European Community ministers of agriculture have reached a "political agreement" on reforming the EC's farm subsidy policies, said EC Agricultural Commissioner Ray MacSharry on Thursday. British Agriculture Minister John Gummer said the agreement, to make deep cuts in farm subsidies, was
    AFP; Reuter  -  321 words
  • Article
    Lock icon US, Chinese teams in fourth round of market access talks
    279 32 AP BEIJING US and Chinese negotiators opened a fourth round of trade talks yesterday aimed at lowering Chinese import barriers that are blamed for a huge and spiralling American deficit. The talks are being held as the deadline nears for
    AP  -  279 words
  • Article
    Any bid by PAS to plant flag on Pedra Branca will contravene our laws: S'pore
    282 32  -  By Walton Morais SINGAPORE Any attempt by the Malaysian opposition party PAS to plant a Malaysian flag on Pedra Branca would be an "irresponsible act" and would contravene Singapore laws, government officials say. Responding to
    282 words
  • Article
    Lock icon European Commission approves HSBC's bid for Midland
    331 32 Reuter BRUSSELS The European Commission yesterday cleared the way for the Hongkong and Shanghai Bank to take over Midland Bank pic. "The Commission has concluded that (the bid) does not raise serious doubts as to its compatibility with the (EC) Common Market." the
    Reuter  -  331 words
  • Article, Illustration
    Hanoi's commissars winning a different kind of war
    771 32  -  The Bottom Line HARISH MEHTA HARISH MEHTA The writer is a BT correspondent GUESS who will take the curtain calls tor Vietnam's likely transformation from a hostile and threatening military tiger into Asia's latest friendly tiger? Make no mistake, it will he
    771 words
  • Article
    Lock icon Taiwan lifts ban on new insurance firms
    209 32 AFP TAIPEI Taiwan yesterday lifted a 30-year ban on the establishment of new insurance companies, a Cabinet ofTicial said. The Cabinet passed a revised insurance law submitted by the Finance Ministry to allow local enterprises to apply for insurance company licences with a
    AFP  -  209 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      103 32 uiiu.y, j The World's Finest Photographic System COURT BISHOPS BHIDGE ROAO BAYSWATER -A PRESTIGIOUS RESIDENTIAL DEVELOPMENT BY CLAYFORM- A new high security development of 49 flats and penthouses built to exacting traditional standards. Choice of 1, 2 and 3 bedroom flats, most with balconies, OUTSTANDING 1 to 4 bedroom penthouse
      103 words
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      Page 32 Advertisements Column 2
      7 32 Will history repeat itself? Analysis Page 11
      7 words
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      Page 32 Advertisements Column 3
      90 32 r j h !M J The World's Finest Photographic System v ■V GRAND SALE Up to 50% discount 22-31 May 1992 (Mon-Sat 10am-6pm, Sundays 10am-spm) 19th to 20th Century Chinese classical furniture, screens and wall panels, cloisonne lacquer wares, ceramics, jade ivory V carvings, inkstones, wood stone carvings, J silk
      90 words
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      Page 32 Advertisements Column 4
      8 32 List of banned foreign investment scrapped, Pg 9
      8 words
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  • SHIPPING TIMES
    • Article, Illustration
      Hanjin to expand Europe, N America service
      449 33  -  Singapore is transhipment hub in S-E Asia for this route By Juliette Walker SINGAPORE Hanjin Shipping is realising plans to expand capacity by early 1994 on its Europe-Far EastNorth America service, for which Singapore is the transhipment hub in South-east Asia. The South
      449 words
    • Article
      Indonesian group plans to charter new vessels to Pertamina
      367 33  -  By Dexter Lee SINGAPORE The Gasindo group of Indonesia will soon take deliveiy of three Singapore-built ships to mark its foray into the lucrative offshore supply services business in South-east Asia. Two of the three multipurpose utility vessels, which are designed
      367 words
    • Article
      MISC plans M$2.3b fleet expansion
      246 33  -  From Jimmy Yeow in KUALA LUMPUR MALAYSIAN International Shipping Corp (MISC) will invest M 52.3 billion (551.47 billion) over the next five years for its fleet expansion and land-based aetivities. The bulk of the money will go towards buying new and secondhand vessels and the
      246 words
    • Article
      Lock icon EC eases subsidy ceilings for east German yards
      275 33 AFP BRUSSELS The European Community said that it was ready to allow struggling east German shipyards to receive high state subsidies on condition they cut capacity by 40 per cent. The EC's executive European Commission said it would allow the shipyards, in
      AFP  -  275 words
    • Article
      Filipino group protests against Japanese plutonium shipments
      155 33 MANILA Filipino antinuclear activists protested here on Wednesday against Japan's plan to import tonnes of high-grade plutonium aboard ships that would traverse Philippine waters. The Nuclear Free Philippines Coalition (NFPC) claimed in a statement that Tokyo would buy the highly toxic radioactive material
      155 words
    • NEWS SUMMARY
      • Article
        Gibbons Bill sends message to OECD
        62 33 THE 339-78 vote was overwhelmingly in favour of the Sam Gibbons Bill, and so too was the majority of nearly 40 members who rose to speak during the debate on the measure that would ban subsidised vessels from US ports unless the subsidy was
        62 words
      • Article
        US revokes Yugoslav Airlines' landing rights
        36 33 THE administration revoked US landing rights for Yugoslavia's national airline as a result of its refusal to allow humanitarian assistance to reach Sarajevo, a spokeswoman said on Wednesday Back Page
        36 words
      • Article
        JAL to start flights to Ho Chi Minh City
        49 33 JAPAN Airlines (JAL) will operate a charter flight of tourists to Ho Chi Minh City in July, the first commercial passenger flight by a Japanese airline to Vietnam. There is no regular flight service between the two countries Back Page
        49 words
      • Article
        BA plans modest rise in fares for peak season
        60 33 BRITISH Airways said it planned to raise fares only slightly for the peak summer travel season on the main North Atlantic routes. The good news for travellers was delivered by Sir Colin Marshall. British Airway's chief executive. The airline is by
        60 words
    • LOG BOOK
      • Article
        French dockers plan new strike action
        107 34 PARIS French dockers plan a new strike at some ports from today till Sunday to protest against a new law overhauling dock labour practices, local union sources said. The communist-led CGT union, which represents the dockers, declined comment on their plans. The dockers, who
        107 words
      • Article
        Ship stopped over arms aboard
        86 34 LONDON The Saudi Arabian-flag vessel Arab Hind has been stopped by Sicilian customs and questioned about 40 tonnes of arms on board. The 7,620 dwt vessel arrived in Trapani, Sicily, on May 11 from Castellon. On May 16, after the vessel had been loaded with
        86 words
      • Article
        International Shipholding's deal
        68 34 NEW ORLEANS International Shipholding Corp said it entered a 15-year contract with a Freeport-McMoßan Inc affiliate to move molten sulphur in a regular service between Port Sulphur in Louisiana and Tampa, Florida, or anywhere worldwide as designated. The company said it has contracted McDermott International to build
        68 words
      • Article
        Ship undergoes repairs in Dakar
        69 34 LONDON The Cypriot bulk carrier Fort is undergoing permanent repairs to its main engine in Dakar, Lloyd's Shipping Intelligence service said. The 20,260 dwt vessel was reported to have broken down at sea on March 23. It was towed to Tema, Ghana, where its cargo
        69 words
      • Article
        H&C selling TV stations
        72 34 HOUSTON H&C Communications Inc, owned by the powerful Hobby family of Texas, said it will sell its five television stations to Young Broadcasting Inc. The Houstonbased company would not disclose the selling price of the stations, but the company's flagship TV station, KPRC in Houston, said
        72 words
      • Article
        Jets in near miss at NY airport
        123 34 NEW YORK A USAir jet making a landing approach came within 15 m of a United Airlines jet with 91 people on board at New York's La Guardia airport. The United Boeing 727 was on the ground on Monday preparing for takeoff when
        123 words
    • Article, Illustration
      Lock icon A message from Gibbons
      1106 34 The debate over Gibbons Bill's anti-shipbuilding subsidy hots up with frustration, emotion and hostility. But many voiced concern for the rapid demise of US shipbuilding industry. Joel Glass reports Lloyd's List THE 339-78 vote was over-whelm-ingly in favour of the Bill, and so too was the
      Lloyd's List  -  1,106 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      85 34 This report is based on samples as analysed by Veritas Petroleum Services and is an abstract from its more detailed fuel quality statistics which are mailed to participating shipowners. Key bunher ports have been grouped in geographical regions for brevity. Comparison has been made with the
      85 words
    • Article
      THE SHIPPING GUIDE
      12917 42 This is a list of ships loading Ja at Singapore for ports around the world. It tabulates, by c< destination, the name of the K ship, the shipping line in- volved and the estimated dates of arrival and departure Ai from the Port of Singapore. LEGEND a.
      12,917 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        3 49
        3 words
      • Article
        IN MALAYSIAN PORTS
        268 49 jooorc ron Berth: 1: GeniKi; 2: Juta Jaya, Kota Bakti; 3: Ding An; 4: Ik an Sepat; 5: Barge Munar No 2; 6: nil. 01 jetty: Kisogawa, Suci, Global Mars. DCh nil. Dia on May 21: Stolt Crown. Gngony OrdzhoniKidze. Castor Gas, Bangkaja, Johan Pearl. Agel, Bunga
        268 words
      • Article
        CONTAINER SCHEDULE
        568 49 nnTTTTT r OF FCL IMPORT CONTAINERS IN PROGRESS Wp Voy No Containers av liable Sip Voy No Contaners liable E Garland RW019 20 05 92 0705 Guru Bhum 578 COO(EST) 21.0592 2300 Ambas Bridge 40W 20 05 92 0740 Equator Crys 92N COD(EST) 21 05 92 1500 K
        568 words
    • Article
      TRANSPORT DIARY
      954 50 June 1-2 (2 days): Contract formation The Materials Management Way, organised by Singapore Institute of Purchasing and Materials Management. For more details, please contact SIPMM Executive Officer at tel: 273-4172 or fax: 274-1132. June 4-5 (2 days): Advanced Inventory Management, organised by Singapore Institute of Purchasing and Materials
      954 words
    • Article
      DAILY FREIGHTS
      783 50 SUPPLY shortages in the trans-Atlantic charter market supported freight rates but the general picture was merely steady, dry cargo brokers said on Wednesday. Some brokers believe the second half of June will see a seasonal fall in demand and marked down freight rates while others maintain latent grain
      783 words
    • Article
      Lock icon US revokes Yugoslav Airlines' landing rights
      422 52 UPI WASHINGTON The administration revoked US landing rights for Yugoslavia's national airline as a result of its refusal to allow humanitarian assistanee to reach Sarajevo, a spokeswoman said on Wednesday. State Department spokeswoman Margaret Tutwiler said that Ambassador Warren Zimmerman asked Serbian officials on
      UPI  -  422 words
    • Article
      Lock icon JAL to fly first charter plane for tourists to Ho Chi Minh City
      370 52 NYT TOKYO Japan Airlines (JAL) will operate a charter flight of tourists to Ho Chi Minh City in July, the first commercial passenger flight by a Japanese airline to Vietnam, company officials said on Tuesday. There is
      NYT  -  370 words
    • Article
      Lock icon German airlines to start weekly flights to Langkawi
      217 52 AP KUALA LUMPUR Lutf transport Untcrnchmen (LI U), Germany's biggest air charter company, will start a direct weekly flight from Duesseldorf in Germany to Langkawi in Malaysia via Phuket in Thailand in November. a German Airlines official said. LTU is the parent
      AP  -  217 words
    • Article, Illustration
      Lock icon British Airways plans modest rise in fares for peak season
      563 52 NYT LONDON Despite strong bookings. British Airways said on Wednesday that it planned to raise fares only slightly for the peak summer travel season on the main North Atlantic routes. The good news for travellers was delivered by Sir Colin
      NYT  -  563 words
    • Article
      Lock icon American Airlines may pull out of some US markets
      249 52 AP ARLINGTON, Texas American Airlines, searching a way to reverse recent losses, told shareholders on Wednesday it is considering abandoning money-losing markets. Robert L Crandall. chairman of AMR Corp, the airline's parent company, refused to outline where American might scale back
      AP  -  249 words
    • Article, Illustration
      Lock icon More foreign travel expected in US
      217 52 AP WASHINGTON Americans arc expccted to travel abroad in near rccord numbers this summer and more foreigners will travel to the United States, tourism experts say. "All indications point to a rebound in outbound travel." said Suzanne D Cook, executive director of the US
      AP  -  217 words
    • Article
      Lock icon Conrail sees some profit improvement
      195 52 Reuter PHILADELPHIA Consolidated Rail Corp chief executive James Hagen said that while he sees higher 1992 earnings, gains will be tempered by one-time costs for a headquarters move, a new computer centre and equipment repairs. "I'm looking for some improvement," Mr Hagen said after the
      Reuter  -  195 words
  • Page 33 Advertisements
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      19 33 Lints and mfvlmi npfiMntid kv Km Registry «f AcctmHM (ftffH pfcSßl for advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      Page 33 Advertisements Column 2
      142 33 r. THE on. FAMOUS 224 1833 For more information please refer to P«. 13 HOT LINE pSSp saggl I WMSA& v>: s &y--m ■J rnMmm wmMiMmm *?<• 1 ,-v. v, If .-':J v -i ysk>*4 1 ':'•••> IT- c 1 I#- i "'"l f yt^y'^~~v'VT -.<i V '1 1 'r<
      142 words
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      Page 33 Advertisements Column 3
      24 33 Container Schedule 17 Daily 18 Index 1 Shipping Guide 10.1 Ships in Port J Smgapore Tides Transport Diary Veritas Report Weather and Sea Conditons
      24 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      59 34 c Maybe get chance, -this assistant supervisee job FACTOR CAFETEWA. \A C>7 1, a <9 a u fAmm. cy J <3 S> a 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
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      Page 34 Advertisements Column 2
      55 34 APPCMNTMENTS Estabtshed International Freight Forwarder requires experienced staff for the folowtng posttons: EXPORT OPERATIONS OFFICERS EXPORT SAIES EXECUTIVES (Europe, AustraKa, New Zealand sectors) MARKEHNG EXECUTIVES (To secure cargo from oil/gas Industry) MARKETMG COORDINATORS ASST. MARKETING MANAGER (To secure develop project, NVOCC FCL cargo) Interview at #01-26, Tanjong Pagar Complex 7
      55 words
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      Page 35 Advertisements Column 1
      1842 35 minting times, rnaay may M OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES TEL *****11 FAX *****09 BOOKINGS TEL *****34 *****58 TERMINAL/CFS TEL *****18 220 PESAKA JARDINE SHIPPING AGENCIES SON. BHD. PORT KELANG TEL *****18 FAX *****91 *****88 PENANG TEL: *****4 FAX *****1 CFS TEL *****6 Dedicated to Quality Service ipoh
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      Page 35 Advertisements Column 2
      452 35 MAERSK LINE NEXT SAILING TO EUROPE REGINA MAERSK VOY. 9208 ETA SIN 27/5/92 Voy ETA ETD Feeder by This week Marctien Maersk 9206 CV 26 5 0800 HRS CFS 25/5 2359 HRS MARCHEN MAERSK 9206 MAGLEBY MAERSK 9206 MARGRETHE MAERSK 9206 MCKINNEV MAERSK 9206 METTE MAERSK 920€ •MEM/HOU/ATL VIA OAK
      452 words
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  • Page 36 Advertisements
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      884 36 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT HAMBURG EXPRESS HANNOVER EXPRESS KURAMA FRANKFURT EXPRESS KASUGA I DRESDEN EXPRESS DANUBE LUDWIGSHAFEN EXPRESS MONTE ROSA ELBE KAMAKURA KAGA TOKIO EXPRESS VOY NO 08/120 08/320 16/121 62/321 21/122 05/322 02/123 02/323 19/124 11/324 23/125 24/325 06/126 22/5 24/5 28/5 31/5 4/6 7/6 11/6 14/6
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      Page 36 Advertisements Column 2
      614 36 gj CSAV Compama SudAmencana Compania SudAmencana de Vapores SA Chilean Line E«t 1072 BEABPAC SERVICE COMTAIMEM V MEAKIOIK DIRECT SOUTH PACFIC SERVICE JANIKA II 3601E8 PALEMBANG 3702E8 Transit Time SIN 25/S 25-28/6 NOU SUV PPT 7/6 10/6 16/6 10/7 13/7 18/7 (13) (16) (22) ALSO ACCEPTING CARGO VIA SUVA TO
      614 words
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      Page 36 Advertisements Column 3
      1104 36 REGULAR INDEPENDENT FULL CONTAINER SERVICE SL/VOV (PAN SEA 212W HMA SEA 213W ORASIA AL MUNTAZAH 9214-3 ORASIA SAMANTHA 9215 3 ORASIA SINGA 9216-3 ROT 22/06 26/06 04/07 12/07 18/07 ANT <«* ROT) 23/06 27/06 05/06 13/07 19/07 FEL 23/06 28/06 05/06 13/07 20/07 LHA 24/06 29/06 06/06 14/07 21/07 EUROPEAN
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      1508 37 mm Mm STRAITS SHIPPING PTE LTD 10 Hot Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 SLRVICf ID SAHAH SARAWAK BRIINLI SINGAPORE STRAITS SWUNG PTE ITD TEL: 225 07M FAX: 225-0117 BANGKOK: BORNEO AGENCKS LTD TEL: *****50 rrPERDANA SERVICE CONTAHCR SERVICE BETWEEN PKL/PG/SM SARAWAK/BIWNEI/SABAH P.KELAMG t (SUDANIS
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      Page 37 Advertisements Column 2
      1280 37 J w P&O Containers SINGAPORE AGENT: PAO Containers (Singapore Agencies) Pte Ltd 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel 225 2233 Tele* RS ***** PNOCSP Fax 225 5327/222 7517 CR Number: **********0Z EXPORT TO UK CONTINENT JEDDAH SRI LANKA VfSSEI TOKYO BAY ANDERS MAERSK REGINA MAERSK CORNELIA
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      Page 38 Advertisements Column 1
      521 38 DJAKARTA LLOYD INDONESIAN NATIONAL LINE CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI WOT KUTAI/25N8 MATMAM 32M8 SPORE ETA 0 24-27 5 2 6/7 ROAM ADAM H'BtDG BREKN ANTWERP 1/7 5/1 6/7 9/8 »/7 14/8 13/7 17/8 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|*ct to Inducement. Also accepting
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      Page 38 Advertisements Column 2
      982 38 HANJIN SHIPPING TO EAST COAST (ALL WATER SERVICE) Also accepting Reefer Opentop flat rack etc to San frarcisto via Oakland AN USA Inland points US£C iMIB) *«a long Beach TO PACIFIC NORTH WEST CANADA FOR VSI HAN UN CHEW 0121 HAN IN KNANGYANG o«9€ HANAN KUNSAN 0/5E FISHGUARD BAY 207N
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      Page 38 Advertisements Column 3
      955 38 m EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) m SGP use HUG KIG M MIT OS* NC* SM/ I»0 IGLNILIREO44 2 4 1/4 Itli t 124 15 t 16 t1tt***** 4 22 6 E Gttll RE 037 4 6 lit lit 17/ C 14 6 22/6 2J/t 25 6
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      Page 39 Advertisements Column 1
      1779 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (TOLL FREE) ?IBMVwf| Ll fsFnrE <TOLLFREE> USA SERVICE *****00 TERMINAL OFFICE *****22 FAR EAST SERVICE *****00 IMPORT CFS MB2 *****69/*****96 UK/EUROPE SERVICE *****00 EXPORT CFS MB2 *****53/*****50 AUST/INDIA/PAK SERVICE *****00 *****87. Penang-(04) *****0. J Bahru-(07) *****2/3/4 (31) *****2/546. Semarang
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      Page 39 Advertisements Column 2
      634 39 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 lOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) BALT-ORIENT LINE/ 1 FULL CONTAINERSHIP SERVICES Acccptjoce of cirgoei lo *1 European and
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      Page 40 Advertisements Column 1
      1541 40 I K 4* K LINE KAWASAKI KISEN KAISHA, LTD AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) TEL" *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 MALAYSIA "K" UNE MARITIME (MALAYSIA) SDN BHD TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 INDONESIA: P.T. SARANA LAUTINTERNUSA TEL: JKT *****76, *****77,
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      Page 40 Advertisements Column 2
      1144 40 10b MODinSOn nOdQ frU/'Uv 099fi51fl Te1:*****22 *****69 *****00Te1ex:R*****0FAX:*****76 *****3^ BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION FCLXCL SERVICE i? Zv christchurch 28 MAY SUVA. NOUMEA. PAPEETA. APIA. LAUTOKIA. SAN ANTONIO central/south americascaribbeans LCL SERVICE 23 MAY MEXICO CITY. TAMPICO.
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      Page 41 Advertisements Column 1
      1594 41 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street. #03-00 PIL Building, Singapore 0106. Tel: *****33 REGIONAL CONTAINER SERVICES VCSSCL O. KOZMTMV KOTA SURtA ITIMUQOE SRISAMUT (THAI FLAQ) EQUATOR CRYSTAL KOTA CAHAVA KOTA BURIA MISAMUT (THAI FLAG) KOTA CAHAVA ITAWAN iiWWl'.Ji'A'.'J 3/S 2/8 2/8 3/8 4/8 7/8 8/8 10/8 14/8 ml
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      Page 41 Advertisements Column 2
      698 41 Eacßen9 l sl class container transport EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA FEEDER VESSEL PENANG P KELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) WBIKLY HAM (3) GOT (4) 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 19/6 21/6 22/6 24/6 ANSON
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      Page 41 Advertisements Column 3
      226 41 BOUSTEAD SHIPPING AGENCIES MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) P.Gdf HPA-AN VI77W MYOMA TWA VI42W PAGAN VI MR HPA-AN Vl7l* Sport 23/26 May 24/26 May 25/21 May S/10 lun P.KI| Pan m ft NIGERIAN NATIONAL M SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.49 SINGAPORE
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      Page 44 Advertisements Column 1
      1779 44 c o 5 C O -J Conventional Semi-Container Liner Services Bonoral Agents: Ylck Fung Shipping 3 Enterprise Co Ltd 62 Cecil Street TP. I. Building fO2 00 Singapore 0104 let *****66 (12 lines) lax *****15/*****8/ fix YIFUSINRS ***** YIFUS YIFtISIN HS ***** YIFUS Booking Agoots: Shipping Froight Booking ControSdnßM ret
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      Page 44 Advertisements Column 2
      106 44 SAMUDQU MDONESU (S) Hi LTD 15 McCALLUM STREET #14-04 NATWE8T CENTRE Singapore OKM Tata* RSM140 Tai: *****t1-3 Fax: 22S 4S3S, ffilW FOR BOOKINGS CALL DIRECT LINE TEL: 2222M1/*****43 WEEKLY FULL CONTAINER SERVICE CON!AINLRISID SIRVIQ !0 SARAWAK SAHAII K KRUNll (OMAN in 2/1 ohm m a nn n/i iohm nan u/j
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      Page 45 Advertisements Column 1
      386 45 <& FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 0207 HOT LINE *****33 24 LINES JE CONTAINER LINE IF TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES FAR EAST BANGKOK 21/5 24/s HONGKONG 21/5 25/5 KEELIING 21/5 a 26/5 EUROPE/UK FELIXSTOWE 23/5 30/5 I HAMBURG 23/5 30/5 LONDON
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      Page 45 Advertisements Column 2
      416 45 m RICHFIELD MARINE AGENCIES |S| PTE LTD TEL: *****33 (12 Lima) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lin«a) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL loading FOH DAHESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA DARESSAI AAM MOMBASA DJIBOUTI ASSAB MASSAWA KIEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER
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      Page 45 Advertisements Column 3
      365 45 rncO Regional Container Lino (iRKAT KKC*ION SHIPPING CO. PTE LID port kelang daswani son bhd tel n TEL *****88 (16 LINKS) plnang dwwani son bho hi ihv^k* TOLL RKK NO: *****68 (BOOKINGS ONI/I) KUANIAN iira shipping ®«apa iner-LN VSL VOY SBBGAPORE/CALCUTTA/SSIGAPORE VSL VOY COLOMBO/CALCUTTA/COLOMBO «sstl VOY C CUOMO CALCUTTA caowo
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      Page 46 Advertisements Column 1
      633 46 Page 14 PENANG: (04) *****6 SIBU: (084) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 CDADC EXPORT: *****22 3 rUnu IMPORT: *****11 KK: (088) *****0 TAWAU: (089) *****9 KUCHING: (082) *****3 SURABAYA: (31) *****0 mr?. Pi PK 23/5 22/5 Colombo 29/5 28 5 Durban/Pt Louis p T KLANG/ r i SIN
      633 words
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      Page 46 Advertisements Column 2
      269 46 AUSTASIA LINE AND MERLION SHIPPING AGENCY R NEW i BLUE STAR LINE JNGAPORE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SM PREMKR ItS 29/5 MULBCRA 27S 12/6 AUST STAR ¥0522 21/6 NPI AKI ITT SIM 10/6 VIA NPI 12/6 29/6 24/6 VIA NPI
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      Page 46 Advertisements Column 3
      713 46 THONG SOON LINES PTE. LTD. -n onDiMcnui onin wK.rm uifi.nfl SIA RUILDING SINGAPORE 0106 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TAcnrn TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO —we— palma palma palma palma palma SINGAPORE BATAM DAILY RECEIVING CARGO
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      Page 47 Advertisements Column 1
      678 47 Everett Lines COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK FCL/SOC CARGOES TO/FROM CALLAO, MATARANI. 110* I OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/IAPAN SERVICE ACCEPTING BREAKBUIK/SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA, MOJI. TOKYO*. MANILA*. OAVAO*. Penanj*
      678 words
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      Page 47 Advertisements Column 2
      244 47 I MES3 N.AMERICA/CARRIBEAN SERVICES Acceptnf c»|« to Mind USA D«stmiliom C«nb«<n Cfntrjl AmrrKJ tnd (ait Canada Coluntiu Peru, CM« Mm acccptaf 40 RF to Hanftonf Taiwan am) Japan AUSTRALIA SERVICE Acceptn| ca»|o to Adelaide <u Melbourne ISRAEL/ADRIATIC SERVICES Acccpkrt| to Hand Deitnatiom Italy Auitru Sntieriand fiance Geitnant Hunt*' Poland Other
      244 words
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      Page 47 Advertisements Column 3
      420 47 MULTI-MODE SHIPPING PTE LTD WEEKLY CONSOL SERVICE MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHARIAH DOHA MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS IEOOAH FAR EAST ACCEPTING FCL/LCL PENANG P KEIANG JAKARTA BANGKOK HONG KONG lAIWAN lAPAN MANIIA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE LEEDS IHBURY ABE ROC IN IE HARVE. HAMBURG
      420 words
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      Page 47 Advertisements Column 4
      398 47 LUCKY SEAWAY SERVICES PTE LTD TLX ***** FAX *****77 MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA VSL FREITAL ETA SIN 30 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 MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST
      398 words
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      Page 47 Advertisements Column 5
      418 47 <&> PTC CONTAINER LINES PTC GROUP FCL LCL SERVICE SHI FM EAST 25/5 KEELUNG/KAOHSIUNG 31/5 BANGKOK 29/5 MANILA/CEBU 26/5 JAKARTA./BELAWAN/SURABAYA 25/5 PORT KELANG/PENANG/E. Malaysia 25/5 BUSAN 31/5 TOKYO/YOKO/KOBE/NGO/OSA 26/5 HONG KONG SIN CHINA 26/5 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 30/5 LDN/FLX/LVP/SOU 30/5 RDM HAM ANT/LE
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      Page 48 Advertisements Column 1
      440 48 EIL FIL CONTAINER SERVICES PTE LTD MADRAS CALCUTTA BANGKOK DUBAI SIN/BANQKOK HONGKONG SCANDINAVIA. BELGIUM. SPAIN. EUROPE. INLANO PORTS, TAIWAN CHINA. lAPAN, KARACHI. BOMBAY. MIDOLE EAST. AFRICA. USA. MEXICO, CANADA ANO VARIOUS OTHERS.. NON CONE ANO CONE RATES AVAR ABLE AND IMPORT RATES AVAILABLE 7500 A Beach Road #15-321/322 The Plaza
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      Page 48 Advertisements Column 2
      321 48 w I CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— ©235 0633 (KATHLEEN/ NICHOLAS/ MARILYN) P.Kelang: 03-*****53 Penang: 04-*****0/11/12 ISont&wJ PCSI WORLDWIDE W fjjjjjW —tIOK STUUKRS UMIS REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER
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      Page 48 Advertisements Column 3
      453 48 Next Week's Sailings (atlmn Wen (.andhi Singapore Tel: 778 6522 Fax: 779 2738 Johore Tel: 07-*****8 Fax: 07-*****3 Alfred Ng INCHCAPE SHIPPING SERVICES (S) PTE LTD Tel: *****11 Fu: *****SS CR: **********0C !Hf NATIONAL SHIPPING COMPANY OF SAUDI ARABIAl VESSEL VOY SAUDI TABUK FEA 056 SAUDI MAKKAH FEA 048 VESSEL
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      Page 48 Advertisements Column 4
      403 48 [a /CENTRALEXPRESS LINE a FCL/LCL SERVICES FOR BOOKINGS *****66 (10 LINES) CHINESE-POLISH JOINT STOCK SHIPPING CO| CONTAIMER/BREAKBULK I s I HI II M m KMLOMC2 V.41 7/1 CASABLANCA ZHANGHENG 44 11/6 ROTTDIOAII/HAMBURG ÜBAI ¥.21 2/7 ROTTDKMM/HAMBURG/GDYMA I \S I IU II Ml PMAMONSKI 47 »/5 SHANGHAI CHOW ¥.18 14/S HUANGfUSHANGHAI/XW6ANG
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      Page 49 Advertisements Column 1
      9 49 Managers must manage. BT shows you how every Monday.
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      Page 49 Advertisements Column 2
      310 49 \O c vO c vO c vQc vO c vQc vd>c V o 9 U 2 9 u 9 (J 0 9 VAN OMMEREN CETECO GROUP TRANSPORT DIVISION VOTAINER CONSOLIDATION SERVICES: Weekly FCIACL Services To^rom USA Ballmore: Votalner Consdldallon Services Boston: Boston Consdldalon Services. Chicago: Votalner Consolidation Services. Mis: Votalner
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      477 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) 25 29 30 29 25 20 1.4 10 0 7 06 06 08 12 1.7 20 21 21 19 16 1.3 1 1 1.1 13 1.7 23 2 8 29 28 25 20 1.4 10 07 05 05 0 7 1.1 16
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      Page 50 Advertisements Column 1
      250 50 ULTIMATE FREIGHT SERVICES austraiia K NZ HK BMKOT MAURITIUS PACTfC ISUWDS KOREA TAIWAN WEEKLY LCL ACCEPTANCE TO USA H parts port* CANADA ■MMM| liH HAUm mm jut, t mhrtit. ram, la*, IAFRICA fvNMHI Bhsm Eu Ststtft, MM. sro, LA, Mtw tort art al K Patau Calgary, Unoßton, Ottawa, Saskatoon, CRy.
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      Page 50 Advertisements Column 2
      380 50 Enterprise Management every Monday in Business Times VESSEL A VESSEL VESSEL KAIHENG UKC CONVENTIONAL SERVICE PKL PNG P.O. LOADING FOR 28/05 Rotlerdam/Antwwp CHINA CONVEHTtOWAL SERVICE PKL 15/05 PNG P.G. 20/05 LOADING FOR: Huangpu/Ouangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGK OK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN
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      Page 50 Advertisements Column 3
      482 50 .VflffW Vk VV. < mmi BEIJING CHANGCHUN CHANGSHA CHENGDU CHONGQING FUZHOU GUILIN HARBIN KUMMING XIAN > NANNING QUANZHOU SHEKOU SHENYANG SHENZHEN WUHAN XIAMEN ZHENGZHOU ALL P#INTS OF CHINA /SHENZHIN SHIPPING TEL: 227 4788 FAX: 227 2083 EUROPE/S.E.A. BREAKBULK SERVICE VESSEL MMHTME LAPIS TBN BREMEN 7-1/5 ANTWERP 10-16/5 TO JEDOAH PORT
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      Page 51 Advertisements Column 1
      484 51 HYUNDAI FEEDER RELAY VIA KAOHSWNG FEEDER RELAY VIA HONG KONG FEEDER RELAY VIA HONG KONG CONVENTIONAL SERVICES TO MIDDLE-EAST SIN PK PEN CERNIK HYUNDAI N0.3 HYUNDAI NO.I SPARKLE SUN TO USA ANDRES SPIRIT BETA HYUNDAI NO. 20 TO KOREA PROSPERITY 30/5 24/5 28/5 25/5 20/6 28/6 25/6 28/6 SLD E.
      484 words
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      Page 51 Advertisements Column 2
      439 51 ///_Hai Sun Hiip Co (Pte) ltd u fc.\ KASTKKN \|< I INKH LTD. STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS U II s OUTBOUND VESSELS LOAPWC FOR SEM/NK/TVO TANJUNG EMAS V 22 ETA SIN SLD PK IN PT LOADWC FOR OSA/NK/TVO COSMIC TRADER V 25 ETA
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      Page 51 Advertisements Column 3
      783 51 FULL CONTAINER EXPORT TO: JEDDAH/UK/CONDNENTT HMMMR CVKS VM 320 KUUIM 16 121 FRMKFWT EraSS VC2/J2l KASUGA I V7l/122 SIOH HMt ADA* LtH *Mm Acc«ptt* Cap F«r 10/« 12/ C (/< 20 6 16 6 17/ C 19/6 13/f 27/t 23/ C 15/« lt/t 15/1 Rotltrdwi 22/6 23/6 a/i MEDITERRANEAN (MED
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      Page 51 Advertisements Column 4
      89 51 BINTAN6 MAS SHIPPING PTE. LTD. 39 NEN. ROAD SINGAPORE 0208 TEL: *****5S TLX: R*****5 SIMMER FAX: *****64 REGULAR SERVICE FROM S PORE TO SARAWAK/SABAH/BRUNEI PORTS CR No. **********0W Receives cargo daily at PSA Pasir Panjang PT 10 (EX P5) Accepting containers, paletised/breakbuNi. reefers and heavyWts of 35-45 tons. SHOREPACK FREIGHT
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      Page 52 Advertisements Column 1
      94 52 i»nnt»[» mam It could be a controversial deal between two stock market stars, a thought-provoking report by university researchers on the latest trans-Kuropean merger. FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section
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      Page 52 Advertisements Column 2
      71 52 Business Times PPOMTMENT CHARTERING EXECUTIVE A fast expanding multi-faceted shipping transportation organisation is looking for a dynamic hardworking candidate with proven track record in the liquid trades (Vegetable/Petroleum Products) The incumbent shall be required to secure suitable tonnage for in-house as well as third party cargoes. We offer good career
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