The Business Times, 1 July 1992

Microfilm: NL18220
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times 77/£ BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Wednesday, July 1, 1992 75*
    16 words
  • NEWS SUMMARY
    • Article
      China warns Patten not to rock the Hongkong boat
      44 1 HONGKONG China gave Hongkong's new governor, Chris Patten, a clear warning yesterday not to rock the boat, amid signs that Britain will take a tougher stand against Beijing in the final years of colonial rule.
      44 words
    • Article
      Reforms unsettling Chinese army
      61 1 BEIJING Senior leader Deng Xiaoping's reforms are unsettling many officers and troops in the Chinese army, a survey published here yesterday said. Ordinary soldiers, who once treated the army as a springboard to future employment, are finding that marketoriented reforms have left local officials without the
      61 words
    • Article
      Bypassing Malaysia
      30 1 HIGHER interest rates and material costs, an acute labour shortage and a strong ringgit may push investors to bypass Malaysia for Indochina and other Asian nations. Page 2
      30 words
    • Article
      Cheaper oil refineries
      28 1 NEW oil refinery projects in South-east Asia cost more to build than similar projects in the US, and are unlikely to be profitable Page 3
      28 words
    • Article
      Boost for KL rubber
      29 1 MALAYSIA has outlined a plan to boost its rubber industry which is reeling from an acute labour shortage, low prices and falling output Page 10
      29 words
    • Article
      Aussie pension scheme
      26 1 AUSTRALIA yesterday launched a compulsory pension scheme to cope with an ageing population, check foreign debt and boost investment in industry Page 10
      26 words
    • Article
      Objection to IMF plan
      26 1 SOME industrial countries have objected to an International Monetary Fund proposal to help cash-starved developing nations by boosting currency reserves. Page 11
      26 words
    • Article
      No real winners here
      40 1 THERE is an unfortunate misconception that the winner in civil litigation stands to gain hundreds of thousands of dollars. Not only are damages compensatory, the entire litigation process can be long, expensive and chancy. Page 14
      40 words
    • Article
      Handling charges up
      32 1 SHIPPING LINES plying the intra-Asia trade routes will raise the terminal handling charge on containerised cargo passing through ports in Singapore and Malaysia next month. Shipping Times, Pg I
      32 words
  • MARKETS SUMMARY
    • Article
      Dow higher
      35 1 The New York stock market was mixed in early trading yesterday. After one hour of trading, the Dow Jones average of 30 industrial stocks was up 3.21 points to 3,323.07 at 1430 GMT.
      35 words
    • Article
      Footsie lower
      29 1 LONDON share prices were lower at midday yesterday on the London Stock Exchange. The FTSE 100-share index was down 8.4 points, or 0.3 per cent, at 2,507.4.
      29 words
    • Article
      Amcol taps New World
      31 1 TRADING group Amcol Holdings Ltd, a substantial shareholder of New World Development, will tap the Hongkong company to exploit trading opportunities in Vietnam and China Page 4
      31 words
    • Article
      C K Tang's KL project
      52 1 RETAILER C K Tang's Msl3o million (5584.5 million) Malaysian venture is finally coming off the drawing board. It is expected to sign a purchase agreement in August to take up some 160,000 sqft of retail space in the Star Hill Crescent project in Kuala Lumpur
      52 words
    • Article
      Dickson targets China
      22 1 HONGKONG-listed Dickson Concepts Ltd plans to sell a variety of brand name clothing and accessories in China Page 6
      22 words
    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 714.03 +0.25 Kuala Lumpur ....592.33 +1.19 Tokyo 15.951.73 +210.46 Hongkong 6.103.92 +46.02 Sydney 1,644.7 2.4 Monday Change New York 3,319.86 +37.45 London 1,944.7 -19.2
      29 words
    • Article
      COMPANY BRIEFS
      23 1 Exchange rates USS SS 1.6165 100 Yen SS 1.2875 MS SS 0.6451 Money market rates Overnight 0 -2-5/16 3-month 2-13/16% -1/16
      23 words
    • Article
      COMMODITIES
      35 1 London Gold AM fix USS343.40 +USS0.85 KU006f S'poreAug... 141.00*/kg +0.75 M'sia Aug 220.00'/kg unch KL Tin Turnover 66 tonnes +12 Spot MSl7.33/kg +0.32 Crude palm oil Turnover 646 lots -107 Aug MS875 /tonne +6
      35 words
  • Article
    Retailers brace for bloody battle with Takashimaya
    466 1  -  Japanese retail giant expects $630 m annual sales at Ngee Ann City a* Sylvia Wong SINGAPORE Orchard Road retailers are bracing themselves for a bloody struggle when Japanese retailer Takashimaya opens its huge shopping centre in Ngee Ann City in August next year.
    466 words
  • Article, Illustration
    Government to force companies to raise retirement age to 60
    563 1  -  Reports by Anna Teo SINGAPORE Convinced that further persuasion would only continue to fall on deaf ears, the government has decided to go ahead and require all companies to raise their retirement age to 60 years. Details of the legislative
    563 words
  • Article
    Wage restraint applies also to management, says Boon Yang
    465 1 SNEF hopes to see built-in pay rise not exceeding spc THE NEED for wage restraint must apply equally to all employees, and especially to management, Labour Minister Lee Boon Yang told employers yesterday. Singapore National Employers' Federation (SNEF) president Stephen Lee
    465 words
  • Article
    Lock icon Jakarta to outline measures this week to open up economy further
    397 1 Reuter JAKARTA Indonesia will announce in the next few days a deregulation package to open up the economy further while protecting sectors such as the automotive industry, Indonesian Trade Minister Arifin Siregar said yesterday. "There will be a new
    Reuter  -  397 words
  • Article
    Lock icon Thai police probing stock market fraud
    102 1 AFP BANGKOK Thai police are poised to prosecute leading investors and brokerage firms for manipulating stock market prices, police said yesterday. A special investigation team has been formed to take legal action against the unidentified suspects, described as "pirates" engaged in major acts of
    AFP  -  102 words
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      200 words
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      Page 1 Advertisements Column 2
      9 1 Is the unit business cost index reliable? Pg 12
      9 words
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      Page 1 Advertisements Column 4
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      40 words
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  • PAGE 2 NEWS
    • Article
      Lock icon M'sia stands to lose out in foreign investment: poll
      343 2 Reuter KUALA LUMPUR Spiralling interest rates and material costs, an acute labour shortage and surging local currency may push investors to bypass Malaysia for Indochina and other Asian nations, industry officials said yesterday. "The strengthening of the Malaysian currency will also
      Reuter  -  343 words
    • SINGAPORE ROUNDUP
      • Article
        Adjusted CPF rates take effect
        41 2 FROM TODAY, the CPF contribution rate for workers below 55 will be cut from 22.5 per cent to 22 per cent. For employers, the rate will be raised from 17.5 per cent to 18 per cent.
        41 words
      • Article
        New foreign worker ratio
        60 2 TWO foreign workers will now be allowed for every local worker in the marine industry. This ratio will be applied on a sponsorship basis for 16 main contractors and their resident regular contractors. The foreign worker levy for unskilled foreign workers in the construction industry will
        60 words
      • Article
        SNEF chief re-elected
        56 2 STEPHEN LEE was yesterday elected to a third term at the helm of the Singapore National Employers' Federation. The SNEF council also elected Lim Hong Keat, chief executive of CMB Packaging Singapore; MK Electric's Bob Tan, and AT&T Singapore's Phillip Overmyer, as its vicepresidents. The eight-member council
        56 words
    • Article
      Lock icon China to expand service sector
      121 2 AFP BEIJING China has decided to speed up expansion of its service sector to prevent massive unemployment caused by market reforms, press reports said yesterday. The Cabinet and the Communist Party Central Committee jointly made the 13-point decision, signalling a departure from China's previous emphasis
      AFP  -  121 words
    • Article
      BT TOP 100, ranked by market capitalisation as at June 30, 1992
      1162 2 Rank Company Rank Market Number Par Market Gross P/E last Value of Shares Value Price Yield Ratio year (in $mil) Issued as at as at as at as at Jun 30 Jun 30 Jun 30 Jun 30 1
      1,162 words
    • Article
      SIA takes top spot as OCBC weighs in second
      286 2 SINGAPORE Airlines continued to lead the pack of the top 50 listed companies in Singapore, but OCBC Bank managed to pip archrival DBS Bank into second place, thanks to rumours of a bonus issue. Despite the current lethargic market, the aggregate
      286 words
    • Article
      Lock icon New oil refineries in region seen as unprofitable
      459 3 Costs of projects in S-E Asia up to 40pc higher than in US Reuter SINGAPORE New oil refinery projects in South-east Asia cost more to build than similar projects in the United States and are unlikely to be profitable, an industry analyst
      Reuter  -  459 words
    • Article, Illustration
      Medisave scheme for self-employed starts today
      356 3  -  Only 200 making contributions so far By Chuang Peck Ming SINGAPORE From today, self-employed people earning more than $2,400 a year will have to begin making Medisave contributions to help cover their medical bills. They must contribute 3 per cent of their annual income,
      356 words
    • Article
      S'pore sees drop in conventions but moves up in world ranking
      249 3 SINGAPORE In spite of a drop in the number of conventions held in Singapore last year, the Republic has climbed a rung in the convention city rankings, replacing Madrid in seventh place on the international scale. According to a
      249 words
    • Article
      Bankers unimpressed by new MAS rules on S$ loans
      458 3  -  No big change seen in policy By Quak Hiang Whai SNGAPORE Bankers were generally unimpressed by the new guidelines announced by the Monetary Authority of Singapore on the lending of Singapore dollars as they perceived no change in the MAS's attitude
      458 words
    • Article
      TDB urges S'pore firms to take part in book fairs and missions overseas
      257 3 SINGAPORE The Trade Development Board is encouraging Singapore firms to take part in overseas book fairs and trade missions after local companies clinched $1.1 million of orders at a recent US book fair. Through the Asean/New Zealand
      257 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
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      64 words
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      Page 2 Advertisements Column 2
      8 2 Appointment Ads Help You Find The Right Candidate
      8 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
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      Page 3 Advertisements Column 2
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Taiwan losses hit Polytek performance
        66 4 SINGAPORE Polytek Wearnes Holdings Ltd yesterday reported a group loss of $499,000 for the year to March 31, 1992, compared with an after-tax profit of $15,000 previously. The group said the poor showing was due to a combined loss of $1.8 million by Taiwanese subsidiaries
        66 words
      • Article
        New appointments
        37 4 SINGAPORE Shareholders of Guthrie GTS have re-elect-ed Ben Yeo Chee Seong, Surya Hindra Kowi, Giam Chin Toon and Wilson Ng as directors. Meanwhile, Straits Trading Ltd has appointed I F Tang to its audit committee.
        37 words
      • Article
        GM of OUE made director
        44 4 SINGAPORE Chong Kim Chow, general manager of Overseas Union Enterprise, has been appointed a director of the hotel and property group. Mr Chong, 54, joined the group in 1970 as an accountant and has been general manager since 1982.
        44 words
      • Article
        Freddy Lee quits Sun posts
        59 4 SINGAPORE Freddy Lee Thiam Yew has resigned as a non-executive director and chairman of the audit committee at Sun Corporation Ltd. Mr Lee's move comes after a Stock Exchange of Singapore directive that stockbroking members and dealers should not be directors of listed companies. Mr
        59 words
      • Article
        Pan M'sia buys shell company
        29 4 KUALA LUMPUR Pan Malaysia Rubber Industries has acquired two ordinary shares of Tunas Juara Sdn Bhd, representing the entire stake of the shell company.
        29 words
    • Article
      Lock icon MBf expects to do well in trading, manufacturing
      267 4 Bernama KUALA LUMPUR MBf Holdings Bhd expects its trading and manufacturing division to contribute substantially to the group's turnover in the next few years. Its president and chief executive officer, Loy Hean Heong, said yesterday that the division was expected to contribute
      Bernama  -  267 words
    • Article, Illustration
      Amcol to tap New World for Viet, Chinese links
      445 4  -  By William Chia SINGAPORE Diversified trading group Amcol Holdings Ltd intends to exploit trading opportunities in Vietnam and China by using the strong connections of Hongkong's New World Development Co Ltd, which is its substantial shareholder. Amcol's joint managing director, Paul
      445 words
    • Article
      CPL stands to reap $8.4m in Northpoint rent in new financial year
      207 4 SINGAPORE Centrepoint Properties Ltd (CPL) should be able to enjoy additional revenue of about 58.4 million in rental income from its second shopping centre, Northpoint, in the financial year beginning Oct 1. CPL, said to be planning a
      207 words
    • Article
      Pertama results meet pre-listing targets
      319 4  -  By Sylvia Wong SINGAPORE Pertama Holdings Ltd, reporting its maiden set of results, was dead on target for its prelisting forecast of turnover and profit. For the year ended March 31, it reported $2.83 millioa in net earnings on a turnover of 5159.53 million. It
      319 words
    • Article
      Lock icon Leader Universal may yet raise offer for FCW
      198 4 MBT KUALA LUMPUR A decision on whether Leader Universal Holdings Bhd will come out with a better offer in the voluntary takeover bid for Federal Cables Wires Metal Manufacturing Bhd (FCW) will only be made public this Friday. Managing director Datuk H'ng
      MBT  -  198 words
    • Article
      C K Tang's M'sian venture set to take off
      364 4  -  By Lee Han Shih SINGAPORE More than one year in the making, retailer C K Tang's Msl3o million (5584.5 million) Malaysian venture is finally coming off the drawing board. In August, it is expected to sign a purchase agreement to take
      364 words
    • Article
      Lock icon Metrojaya's after-tax profit jumps 76pc
      237 4 Bernama KUALA LUMPUR Retail group Metrojaya Bhd yesterday reported a 76 per cent jump in after-tax profit to M 55.33 million (553.46 million) for the year ended March 31, 1992, up from M 53.03 million a year earlier. A Metrojaya statement said group turnover amounted
      Bernama  -  237 words
    • Article, Illustration
      Bonus to be gained from SIA stock split
      790 4  -  THE HOCK LOCK SIEW COLUMN By Lee Han Shih SINGAPORE Conventional wisdom has it that Singapore Airlines' annual general meeting on July 25 will be a non-event and that the 100 or so SIA shareholders who banded together to ask for an
      790 words
    • COMPANY BRIEFS
      • Article
        Huey Tai net profit climbs to HK$186m
        95 6 HONGKONG Hongkong real-estate developer Huey Tai International yesterday said its net profit rose to HKS 186.4 million (5539.2 million) in the fiscal year ended March 31, 1992, from HK$25 million the previous year. The figures are after tax and payments to minority interests
        95 words
      • Article
        Curbs on Korean conglomerates
        76 6 SEOUL South Korea's government, in a move to curtail the dominance of conglomerates over bank credit, yesterday announced it is freezing further cross payment guarantees of the 540 affiliates of the country's 30 largest business groups. The Finance Ministry and central Bank of Korea announced that
        76 words
      • Article
        Chinese firm seeks HK listing
        81 6 HONGKONG Hai Hong Holdings, a subsidiary of conglomerate China Merchants, yesterday announced plans to become the first China-owned enterprise to seek a listing on ihe Hongkong stock exchange. The paint manufacturing firm said a public offering of 61.25 million shares at HKSI.SO each would help
        81 words
      • Article
        US-Japanese media venture
        86 6 TOKYO Toshiba Corp and C Itoh Co of Japan and Time Warner Inc of the US said yesterday that they will jointly establish two new media businesses Time Warner Entertainment Co Limited Partnership (TWE) in the US and Time Warner Entertainment Japan Inc (TWEJ) in Japan. TWE
        86 words
      • Article
        NZ firm suffers NZ$133m loss
        71 6 WELLINGTON Robt Jones Investments Ltd, New Zealand's largest listed property company, yesterday said a NZS 132.9 million (SSII7 million) loss for the March year (against a NZS39.I million loss) is in line with expectations. "Essentially, the company has had a massive clean-up of its position
        71 words
      • Article
        New president for Bakrie
        60 6 JAKARTA Bakrie and Brothers, the holding company for the group's trade and industrial units, has appointed Tanri Abeng as its new president. Mr Abeng. who replaces Aburizal Bakrie, was the president of publicly-listed beer producer Multi Bintang before he joined the Bakrie group several years ago.
        60 words
    • Article, Illustration
      Lock icon Dickson planning to sell luxury consumer goods in China
      424 6 AFP, AP HONGKONG Dickson Concepts Ltd, which markets upscale designers' labels, has announced plans to sell a va-' riety of brandname clothing and accessories in China, which has seen a boom recently in consumer spending. The company, listed on the Hong
      AFP,; AP  -  424 words
    • Article
      Lock icon Thai Airways suspends projects amid govt probe
      421 6 Move comes ahead of stock market listing Bloomberg BANGKOK The board of Thai Airways International has suspended a series of expansion projects following the launch of an investigation by the government into "irregular" activities of the national airline. The board voted to suspend
      Bloomberg  -  421 words
    • Article
      Lock icon Wattie Foods float may weigh down NZ bourse
      308 6 Reuter WELLINGTON Goodman Fielder Wattie's ambitious plan to float Wattie Foods could give the New Zealand stock market indigestion. "It's clear that it will prove to be a bit of drag on the market," ANZ McCaughan analyst Hugh Ammundsen said yesterday. The
      Reuter  -  308 words
    • Article
      Lock icon First auction of bankrupt Chinese company
      274 6 Bloomberg, BEIJING China wiU hold its first auction of a bankrupt state-owned firm and overseas buyers are welcome to participate, the official China Daily said yesterday. The Shenzhen Intermediate People's Court, in the capitalist-style special economic zone over the border from Hongkong, ordered that
      Bloomberg,  -  274 words
    • COMPANY BRIEFS
      • Article
        Compaq forms new unit to market printers
        82 8 HOUSTON Compaq Computer Corp announced on Monday that it is creating a new division to develop and market the company's first line of printers and related products. Due out later this year, the printers represent Compaq's bid to break into a market expected
        82 words
      • Article
        Next discloses US$65m loans
        72 8 REDWOOD CITY, California Next Computer Inc, which expects to go public next year, said on Monday it has borrowed US$65 million (S$ 105 million) from company chairman Steven Jobs and Japanese camera maker Canon Inc. The financing consists of a US$55 million credit line from Canon,
        72 words
      • Article
        EC opens up share dealing
        88 8 LUXEMBOURG Investment firms would have a "single passport" to deal in shares around the European Community under a political agreement reached among EC finance ministers on Monday. The new directive, reached after two years' wrangling, gives stockbrokers in one country the right to deal in
        88 words
      • Article
        O&Y lawyer denies offer
        93 8 TORONTO A lawyer for Olympia York Developments Ltd has denied that the Reichmann brothers will contribute the necessary funds to pay for the company's restructuring costs. "What is true is RF Investments... indicated its willingness to make a pre-payment on its promissory note of Css million
        93 words
      • Article
        Pirelli to lay off more workers
        87 8 MILAN Italian group Pirelli (Tires and Cables) announced on Monday that it will cut 1,020 jobs in Italy by the end of the year in connection with an industrial restructuring plan announced last December. The job cuts are in addition to 500 announced in
        87 words
    • Article
      Lock icon Kumagai-led group building power plant in China
      482 8 IHT HONGKONG An international consortium announced on Monday plans to invest HK$2 billion (Ss4lB million) to build a power plant in China's first privately funded free port and industrial park, giving a boost to the project. Kumagai Gumi (Hongkong) Ltd, leading the development
      IHT  -  482 words
    • Article
      Lock icon Toshiba made illegal political contributions in '88, says US
      355 8 Govt slaps US$ 18,600 fine for donations AP WASHINGTON Electronics giant Toshiba Corp made illegal corporate contributions to several federal campaigns in 1988 that were hidden in the names of two top executives, the government ruled on Monday. The company's US
      AP  -  355 words
    • Article
      Lock icon Texas Instruments seals semiconductor deals, sues Sanyo
      237 8 Reuter DALLAS Texas Instruments Inc has reached separate, broad-based semiconductor patent cross-licence agreements with five Japanese manufacturers. It also said on Monday that it had filed a patent infringement lawsuit against Sanyo Electric Co seeking to stock the company's unlicensed use of Tl's
      Reuter  -  237 words
    • Article, Illustration
      Lock icon Top Pepsico executive leaves to join leveraged-buyout firm
      315 8 NYT NEW YORK One of Pepsico Inc's top executives has resigned, leav ing Roger A Enrico as the heir apparent at the US$2O billion (Ss32 billion) food and beverage company. Michael H Jordan, chairman of Pepsico's international soft drink and snack food
      NYT  -  315 words
    • Article, Illustration
      Lock icon British Steel posts first full-year loss since privatisation
      409 8 Reuter LONDON British Steel pic, hit by low prices and a sluggish economy, announced on Monday its first full-year loss since privatisation in 1989 and slashed its dividend. It said it would merge its loss-making stainless steel operations with Avesta AB of
      Reuter  -  409 words
    • Article
      Lock icon Macy's problems continue in May with US$39m loss
      273 8 NYT NEW YORK R H Macy Co, reported on Monday that it had lost US$3B.9 million (Ss63 million) in the four weeks that ended May 30, sending yet another signal that the bankrupt retailer was still unable to stop its continuing losses.
      NYT  -  273 words
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      Page 4 Advertisements Column 1
      152 4 IN THE MARKET PAGES Nikkei strengthens 24 Singapore cautious 18 The Jetabout Upgrade Offer. W I <■ (For just a little extra, you get o whole lot more). Indulge yourself In the comfort of Business Class on your next trip from just $70 more. Or First Class from just $180
      152 words
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      104 5 --1 3 > l I I .1 > v r > I I j 5 I i af 1 I i i J i flk 9 The Companies That Are Going Places I Are Going To One Place In Particular. 1 I I I I I I I I 1
      104 words
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      287 words
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      Page 6 Advertisements Column 2
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      169 words
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      241 7 THE CASE FOR PUTTING ALL YOUR EGGS IN ONE BASKET. What would you think of a company that is open for business 24 hours a day, seven days a week? Workaholics? A company whose worldwide network operates on an almost identical basis all over the world? A touch obsessive? That
      241 words
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      Page 8 Advertisements Column 1
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      Page 8 Advertisements Column 2
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  • FINANCIAL NEWS
    • Article
      Lock icon Thais may let more foreign banks open branches
      380 9 Part of move to become regional financial hub Reuter BANGKOK The Bank of Thailand is to consult the Finance Ministry on the merits of allowing more foreign banks to open branches here as part of the country's ambition of becoming a regional
      Reuter  -  380 words
    • Article
      Lock icon Aetna Life to cut 4,800 jobs by end of next year
      331 9 Reuter HARTFORD. Connecticut Aetna Life Casualty Co said on Monday that it will cut about 4,800 jobs, or 10 per cent of its work force, by the end of 1993 to reduce costs and boost profits. The company, the
      Reuter  -  331 words
    • SMALL CHANGE
      • Article
        Seoul unveils Phase II of market liberalisation
        88 9 SEOUL South Korea announced yesterday that the second phase of its financial market liberalisation will allow, among other things, foreign banks to raise funds locally through spot foreign exchange transactions. Under the plan announced by the Finance Ministry, foreign banks, as well as
        88 words
      • Article
        China bank eyes HK acquisition
        57 9 HONGKONG China's Xiamen International Bank is looking to buy a bank in Hongkong and the governmentowned Overseas Trust Bank is a possibility, a senior official of a Fujian province-based group said on Monday. "Hongkong's Overseas Trust Bank is one of the options,' said Zhou Huiyuan,
        57 words
      • Article
        Another Indian banker held
        75 9 NEW DELHI Indian investigators probing a massive securities fraud arrested a senior bank officer in Bombay on Monday, taking the number of suspects held in the scam to two dozen, press reports said. Ashok Kumar, executive vice-president of Canfina Ltd, was detained at the economic offences
        75 words
      • Article
        BCCI creditors drop appeal plan
        65 9 LONDON The British creditors' committee of Bank of Credit and Commerce International (BCCI) has dropped plans to appeal against a High Court ruling for a £1.7 billion (559.6 billion) compensation package, the Financial Times reported yesterday. The creditors abandoned their appeal when they were told
        65 words
      • Article
        EC capital rules nearly ready
        67 9 LUXEMBOURG European Community finance ministers are near to agreeing on new capital rules for EC securities firms at a special meeting here, officials said. "We're reasonably close. We've sorted out the levels of initial capital." a senior British official said, referring to the last main
        67 words
      • Article
        ATFP approves credit line
        76 9 ABU DHABI The Arab Trade Financing Programme (ATFP) has approved a US$B.5 million (S$ 13.68 million) credit line to the Saudi Investment Bank to help finance a US$lO million trade deal with Algeria. The loan brings to U*****.5 million the total 71 credit lines approved by
        76 words
    • Article
      Dongnam Bank raises US$25m offshore loan
      219 9  -  By Kooi Cho Teng SINGAPORE Koreas Dongnam Bank has raised US$25 million (5540.4 million) from the offshore capital markets to fund its needs for working capital. The three-year term loan, which carries a spread of 50 basis points above the London interbank offered rate,
      219 words
    • Article
      Lock icon GIO share issue likely to be oversubscribed
      288 9 Bloomberg, Reuter SYDNEY The New South Wales state government expects the Asl.2 billion (551.47 billion) float of insurance group GIO Australia Holdings Ltd to be oversubscribed. George Souris, the state minister responsible for the privatisation, said yesterday: "The response has been astounding." The
      Bloomberg,; Reuter  -  288 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      13 9 The quotation of Singapore Government Slocks as at June 30,1992 will appear tomorrow
      13 words
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      Page 9 Advertisements Column 2
      182 9 ONLY FEDERAL EXPRESS CAN DELIVER YOUR PACKAGES OVERNIGHT TO VIRTUALLY i ANYWHERE IN THE U.S. REFORE 10.30 A.M. I guaranteed: Other air express companies have to rely on commercial To keep trac c ever >' thin 8 we we developed airlines to get your packages to North America. COSMOS* and
      182 words
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  • THE REGION
    • NOTE BOOK
      • Article
        KL gives copyright laws more bite
        58 10 KUALA LUMPUR Malaysia is amending its present copyright laws to give it more bite in flushing out software pirates, and to provide better protection for intellectual property. Abu Hassan Omar, Domestic Trade and Consumer Affairs Minister, said yesterday the Copyright Act 1987 was being
        58 words
      • Article
        Thai-Cambodian power tie-ups
        56 10 BANGKOK A proposed Thai-Cambodian joint venture for the construction of a hydro-electric dam in Cambodia and a power plant in Thailand is expected to take off, after Cambodia holds elections expected next May. Both sides have negotiated in preparation for launching the project, estimated to cost four
        56 words
      • Article
        Accord on forestry
        75 10 JAKARTA Indonesia and China on Monday signed a memorandum of understanding to lay down a basis for co-operation in the forestry industry, the Jakarta Post daily said here yesterday. "We share the same opinion that evei7 country has its own right to use its forest for its
        75 words
      • Article
        Higher rice production seen
        30 10 JAKARTA Indonesia will produce enough rice this year to regain self-sufficiency in its staple grain and export it as well. Co-operatives Minister Bustanil Arifin said yesterday.
        30 words
    • Article
      Lock icon Taiwan, Vietnam sign investment, trade pacts
      230 10 Reuter TAIPEI Taiwan and Vietnam signed an investment guarantee pact and an agreement to exchange trade offices yesterday, Taiwanese media said. The pacts, the first such agreements between anticommunist Taiwan and a socialist country, would accelerate rapid growth in economic ties, state radio and
      Reuter  -  230 words
    • Article
      Lock icon Malaysia unveils measures to boost rubber industry
      379 10 Reuter KUALA LUMPUR Malaysia. once the world's top rubber grower, has outlined a plan to ensure the industry's survival through technological innovations and new pricing strategies. "As a high-cost producer, we need to take stock about the types of rubber we produce," Primary
      Reuter  -  379 words
    • Article
      Lock icon Australia launches pension plan to boost economy
      393 10 Reuter CANBERRA The Australian government yesterday unveiled a compulsory national savings scheme to inject billion into pensions to cope with an ageing population, check foreign debt and boost investment in industry. "There is scarcely one economic indicator that will not be enhanced as
      Reuter  -  393 words
    • Article, Illustration
      Lock icon Ramos: man who leaves nothing to chance
      787 10 Profile Reuter MANILA Fidel Ramos, the Philippines' new president, is a man of caution who rarely taunts destiny. A soldier until he turned to politics, the 64-year-old former general leaves nothing to chance, biding his time before he acts even in the worst
      Reuter  -  787 words
    • Article
      Lock icon Rafidah leaves EAEC door open to Australia and New Zealand
      358 10 AFP TOKYO A senior Malaysian minister reiterated yesterday that the US and Canada should be barred from her country's proposed East Asian Economic Caucus, but left the door open for Australia and New Zealand. "Why does America want to be
      AFP  -  358 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      390 10 Why struggle up the corporate ladder when you can use the escalator? If you're ambitious and want to move j\ a lead on a new client. Or spotting up in the world, taking one simple step will developments that indicate a new trend, get your career moving. Fast. That's by
      390 words
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      Page 10 Advertisements Column 2
      80 10 FOR SALE BY PRIVATE TREATY Floreat Fbrum SHOPPING CENTRE PERTH WESTERN AUSTRALIA The correct formula for successful shopping centre investment 2 major supermarkets with exceptional turnover plus 62 specialty shops. Hotel, 2 Service Stations and TAB. Land area 10.5 acres. Gross lettable area 107,000 ft 2 Inner suburban catchment area
      80 words
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  • THE WORLD
    • Article, Illustration
      Lock icon US-led group blocks IMF plan for Third World aid
      419 11 Reuter WASHINGTON A group of industrial countries led by the US has squelched an International Monetary Fund proposal to help cash-starved developing nations by pumping up world currency reserves, monetary sources said. Under the proposal, which was backed by IMF managing
      Reuter  -  419 words
    • Article
      Lock icon OECD worries about growing number of aid claimants
      454 11 Reuter PARIS The rich world is likely to increase aid to poor countries in coming years, but it will not be by much and there will be a growing number of claimants, the chairman of the OECD's aid committee said. The Development
      Reuter  -  454 words
    • Article
      Lock icon Likud rules out partnership in Labour-led government
      367 11 AP JERUSALEM Prime Minister Yitzhak Shamir's Likud party on Monday ruled out joining a Labourled coalition government, almost certainly putting the right-wing faction in opposition for the first time since 1977. The centre-left Labour Party, which also discounted a joint government, began the
      AP  -  367 words
    • Article
      Lock icon Setback for US recovery as new home sales fall
      367 11 AP WASHINGTON US new home sales fell in May for the fourth straight month, the government said on Monday. Economists called it additional evidence that the housing industry had lost its usual role of leading the recovery. "This is confirmation that
      AP  -  367 words
    • WORLD WATCH
      • Article
        Russia likely to see up to 7m migrants
        92 11 MOSCOW Up to seven million people, most of them Russians fleeing discrimination and persecution across the former Soviet Union, are expected to settle in Russia, a senior government official said on Monday. Tatyana Regent, head of the state migration service, told a
        92 words
      • Article
        EC fails to strike VAT deal
        63 11 LUXEMBOURG Britain and its European Community partners failed to break their year-long deadlock here on Monday over a proposed minimum 15 per cent valueadded tax throughout the EC. Portuguese Foreign Minister Jorge Braga de Macedo said the deal foundered over Britain's refusal to accept
        63 words
      • Article
        US presidential hopefuls in tie
        68 11 WASHINGTON Bill Clinton, Ross Perot and President George Bush were virtually tied in a national poll released on Monday, further muddling the three-way presidential contest and freeing Mr Clinton from third place for the first time in weeks. The ABC News-Washington Post poll showed the
        68 words
      • Article
        US top aid donor in 1991
        75 11 TOKYO The US gave the most international aid in 1991, but Japan's contributions were greater when US military debt relief is discounted, according to figures released yesterday. The assistance committee of the Organisation for Economic Cooperation and Development said the US was the top
        75 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      283 11 Choice. FROM computers that... m m t-r-SL 1 LEV*. W6SX/25 3B6DX/40 give power-seekers the most race through the most demanding match the speed of your business from a desktop PC... applications... with the highest technology... HF 486SX '20 HE 486DX 33 HE 386 SL/25 combine high performance with provide small
      283 words
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  • Article
    A Spratlys solution
    506 12 EDITORIAL THE Spratly and Paracel islands are a scattered group of mostly barren atolls and shoals in the South China Sea. But the islands are thought to be rich in oil and gas, and six countries in the region Brunei, China, Malaysia, the Philippines, Taiwan, and Vietnam
    506 words
  • WHAT THE OTHERS SAY
    • Article
      Creative solutions
      252 12 THE visitor arrival figures for the first five months of this year look healthy enough on the surface. They show a 18.3 per cent growth over the same period last year and, when compared with the more buoyant pre-Gulf War period, were still up a creditable 11.9 per
      252 words
    • Article
      Rescuing Bosnia
      112 12 FOR the sake of its post-Cold War image, the United Nations must rescue Bosnia from the bloody siege initiated by the more powerful Serbia and Montenegro. The daring visit of French President Francois Mitterrand to Sarajevo, the Bosnian capital, is symbolic. Though it may be argued that the
      112 words
    • Article
      Plan or propaganda?
      175 12 PRIME Minister Miyazawa's advisory body, the Economic Council, presented a new five-year economic plan on June 25. Despite Japan's status as an economic superpower, its people often complain that it does not have the quality of life of an "economic superpower". Long working hours, poor housing conditions
      175 words
  • REGIONAL VIEWPOINTS
    • Article
      Lessons of history
      201 12 SEVENTY-EIGHT years to the day since events in Sarajevo triggered a world war, the President of France paid a visit to the Bosnian capital that might prevent Balkan bloodshed form over-flowing into Europe once again. The French leader's visit is a welcome sign of willingness to take
      201 words
    • Article
      What's good for Japan...
      188 12 MR MIYAZAWA will reportedly inform Mr Bush this week of some details of a new spending and lending package with which Japan's ruling LDP hopes to shore up the Japanese economy. Maybe Messrs Miyazawa and Bush would do better to simply invite Ronald Reagan to drop
      188 words
    • Article
      Cause for hope
      132 12 WE MUST continue to nurture optimism that the military, being a dynamic institution, is capable of purging its unscrupulous top commanders and curbing others from interfering in politics. And we hope that the political awareness can stimulate more and more people to vote and to select their
      132 words
  • Article, Illustration
    Is the unit business cost index reliable?
    1126 12  -  The weightage of the three components making up the unit business cost index will be updated later this year for the first time since it was introduced in 1986. AnnaTeo looks at the construction of the index. Anna Teo Manufacturers, for whom rising
    1,126 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      94 12 FOR SUCCESSFUL OF YOUR BUSINESS I X 4 Stories on labour and its relationship with XxrAXil I management, management concepts in practice, profiles of leading managers in Singapore and v relevant book reviews. —~y ENTERPRISE MANAGEMENT, in I Y7 Business Times every Monday, is must J J J reading for
      94 words
  • Page 12 Miscellaneous
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  • ANALYSIS
    • Article
      Lock icon Japanese economy needs leadership, not party politics
      856 13 Asahi News Service THE method is not convincing. We cannot call it a sound way to promote Japan-US cooperation, judging from the view that it should be promoted on the basis of the understanding of the two peoples. What keeps us thus unsatisfied
      Asahi News Service  -  856 words
    • Article, Illustration
      Pudong on the rise
      1521 13  -  A plan to transform Pudong into an economic powerhouse which will catapult Shanghai From decaying city to its pre-1949 eminence as the financial and commercial hub of Asia means that city planners cannot afford to turn away piffling investments as they were wont to do in
      1,521 words
    • Article
      Lock icon Baby, you can buy my car
      630 13  -  The car merchant is a growing phenomenon in Russia today, says Louis Uchitelle. Louis Uchitelle NYT OUTSIDE the Zhiguli Trade Centre in Russia, the nation's largest newcar dealership, throngs of men loiter. They represent a growing phenomenon: the car merchant. Their specialty is to
      NYT  -  630 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      56 13 it nz [""wtO 57QQ y The Leitz Ambiente Grey Leitz is known worldwide for office filing equipment and supplies. Its Ambiente Grey range will equip any office with that stamp of success and efficiency. <r% i Available from leading office stationery suppliers. £|balmar MMRKCTMG Tel: *****77 MwntMT ot JtbMfl JMMn
      56 words
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  • THE LAW PAGE
    • Article, Illustration
      Unclogging the courts
      1583 14  -  Litigation is a long and expensive process. The costs involved should deter frivolous suits, but not those with a genuine grievance. Walter Woon suggests an alternative Walter Woon Most nonlawycrs arc very hawkish when it comcs to law. They think in terms of sending people to jail
      1,583 words
    • Article
      Sentencing policy for drunken driving
      278 14 CASE^ Chua Ben Cheong v Public Prosecutor High Court of the Republic of Singapore, Magistrate's Appeal 338/91/01. Justice Karthigesu. THE punishment policy laid down by Parliament for drunk drivers can be determined by looking at the most recent amendments to Section 67 of the Road
      278 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      61 14 down. r if- JdiZ'SSM}' •>* •>.?*. V '■*> .-•< .sr3r f"; JT/-- 'S& > 4 < J?; 'fv-V v >*'< -V;..'. and save Ik i 4 «j: f* V Made with non-toxic, biodegradable parts, our environmentally-friendly DIBTHBLMS you save the world. And that's Just aside from being ergpnondcaUy-desiffied, fully adjustable
      61 words
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      Page 14 Advertisements Column 2
      92 14 Office Space Available In Ho Chi Minh City Vietnam r 1 I SSmWk l- J! \i#n ?i JLf zftpillf-lfli' First class office space available in newly constructed Cosa Building in the heart of Ho Chi Minh City available for rent in July 1992. Two floors, each 135 square metres, outfitted
      92 words
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  • SPORTS
    • Article, Illustration
      Lock icon US athletes see hopes dashed in a split second
      526 15 Run-up to the Olympics AP NEW ORLEANS A blink of an eye is a tenth of a second. A hundredth, perhaps. It's almost too short a time to measure. It was long enough, however, to keep a fistful of world-class athletes
      AP  -  526 words
    • Article
      Lock icon International athletics body unhappy over Reynolds' inclusion in US team
      365 15 AP LONDON In spite of his inclusion in the US track team, suspended sprinter Butch Reynolds won't compete in Barcelona. Istvan Gyulai, secretary general of the International Amateur Athletic Federation, reiterated on Monday that the American was ineligible to compete,
      AP  -  365 words
    • Article
      Lock icon Thompson comes under fire over special treatment
      337 15 AFP LONDON World decathlon record-holder Daley Thompson came under heavy fire on Monday after persuading the British athletics selectors to give him one last chance to qualify for the Barcelona Olympics. He was accused by big rival Alex Kruger of bullshitting" his way
      AFP  -  337 words
    • SIDE LINES
      • Article
        Lewis turns down invite for US 400m relay team
        71 15 NEW ORLEANS Given no guarantee that he would run the anchor leg or any other, Carl Lewis is saying "no thanks" to the 400 m relay team the US will field at the Barcelona Olympics. Lewis, who has anchored the three
        71 words
      • Article
        Hofmann seeks help to beat ban
        79 15 DUISBURG, Germany German double world champion canoeist Detlef Hofmann, banned in May for doping, said on Monday that he has taken out a court injunction in a bid to make the German team for the Barcelona Olympics. The regional court in Duisburg ruled the
        79 words
      • Article
        Japan offers cash for medals
        58 15 TOKYO Japan's Corinthian sporting ideals have been discarded in an attempt regain the throne of Asia's sporting supremacy from China. The Japanese Olympic Committee broke with its puritan tradition in January and offered cash for medals three million yen (S$30,000) for gold, two million yen
        58 words
      • Article
        Maradona says no to Napoli
        64 15 BUENOS AIRES Diego Maradona says he would rather give up football than play for Napoli again. "I can't support the pressure in Italy any longer. If Napoli refuse to listen to reason, then I'll give up football," Argentina's World Clip captain said on Monday, when
        64 words
    • Article
      Lock icon McEnroe proves he's still great on grass with latest victory
      464 15 Wimbledon Agencies WIMBLEDON John McEnroe says he considers himself an outsider for the Wimbledon title. His rivals say he can win it all. McEnroe reached the quarterfinals on Monday for the first time in three years, beating Russian qualifier Andrei
      Agencies  -  464 words
  • Page 15 Advertisements
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      964 15 r POLYTEK WEARNES HOLDINGS LIMITED. (Incorporated in Singapore) The Board of Directors announces the audited results for the year ended 31 March 1992: Group Company 1992 1991 1992 1991 SS'OOO SlOOO Ss'ooo Ss'ooo 1) a) Turnover (Note A) 73,932 72,421 +2.1% 1,156 1,173 b) Dividend and interest income 197 334
      964 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      1197 16 1 BifcawaiH Nothing Beats A Bud. where to wine, dine OF ———————m "genuine penang fare LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS I TERRACE CAFE THE PLACE FOR AUTHENTIC PE N ANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT SNACKS
      1,197 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      729 16 AND RADIO 1 1 1 r<tRTl»- t.30 America's Fenniest Pooplo 6.30 Wtth the Qm BUSINESS ON RADK) ITPI*P pATYIAC tllA hriflP iimwrtNlno. 7.05 cST* BBC 88 9 mHz in VHF Band H llvl V M rAXXW'I3 ULAW L/X Xviw 7J5 PMOpening followed by Tfco 5.30 Stroet Jestfce Parenthood. 7.30 VMoe
      729 words
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  • LIFESTYLE
    • Article, Illustration
      Celebration of youth
      609 17  -  Cheryl Liew finds out the programmes lined up for the Singapore Youth Festival Cheryl Liew The arts festival has recently ended its run, but cultural activities are still in abundant supply, and in the case of the Singapore Youth Festival, geared specially for youths. The Singapore Youth
      609 words
    • Article, Illustration
      Movie producer turns chef for a day
      455 17 ADD ANOTHER credit to the resume of movie producer Ismail Merchant: chef. On Monday, he spent the day in the kitchen of New York's Plaza Hotel preparing, with some assistance from hotel chefs, an 11-course feast. The occasion for 110 guests in the
      455 words
    • Article, Illustration
      Lock icon France declares war on dangerous driving
      730 17  -  Drivers may lose their licence if they are guilty of dangerous driving offences, reports Frances Kerry Frances Kerry Reuter GEORGES SARRE is one of the least popular people in France. The Transport Secretary wants to save lives, but his new measures aimed at cutting
      Reuter  -  730 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      240 17 AND ENTERTAIN ■j| > UHb mX t J» The musical magic of FRANK ROBIN arrives at Ridleys. Catch their versatile act of country and western contemporary hits at happy hours. All drinks at half price during these hours sInCAwIe Mon to Thur opm to 10 pm 6 Njss s-jioo-r cas
      240 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      No overseas leads in sight for wary investors
      4038 18  -  By Genevieve Cua TRADING was cautious and thin yesterday as investors watched in vain for fresh stimuli from overseas markets. The morning's trade began on a hopeful note. Spurred by the Dow Jones Industrial Average's 37-point gain on Monday, the key Straits
      4,038 words
    • Article, Illustration
      Lock icon HOT STOCK
      65 18  -  Quak Hiang Whai Comment MALAYAN CREDIT drifted around $2.20 for about two months before breaking through that major resistance in June. While it appears poised for a run-up, it has pulled back slightly and may foil back to $2.00 in the near future before advancing to test $2
      SOURCE: BRIDGE INFO  -  65 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3040 19 S1A 200 1270 30 2.4% S1A Foreign 1830 +30 +1.7% Times Pub 394 +22 +5.9% Jurong Ship 50' 935 +15 +1.6% SCS 25« 108 +13 +13.7% DBS 1150 +10 +0.9% DBS Foreign 1420 +10 +0.7% OCBC Foreign 1360 +10 +0.7% Robinson 690 +10 +1.5% SPH
    3,040 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      125 19 SKnel YOUR KEY TO BETTERBUSINESSDECISIONS! Shine is Singapore Press Holdings' infbrich database financial statements highlights, graphs, latest results team: T. S. Liu on 740 1035, Hazel Ong on 740 1771 on Teleview, which incidentally is the most advanced and company news. or Tony Chia videotex! system in the world. For
      125 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3335 20 Perlis Plant 462 +10 +2.2* UMW 272 +5 +1.9% Multi-Purpose 69Vj +4% +6.9% Shell 474 +4 +0.9% Golden Hope 131 +3 +2.3% KL Kepong 218 +3 +1.4% MMC 10« 137 +3 +2.2% Sungei Way 189 +3 +1.6% Paramount Rts 4 +2% +166.7% Magnum Corp 50*
    3,335 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares end easier as investors trim early gains
      5316 21 Bernama SHARE PRICES finished easier yesterday after cautious investors liquidated to take profits from gains in early trading. Investors exercised caution on the belief that the upturn on the Tokyo market was only technical and sentiment there was still under undermined by
      Bernama  -  5,316 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      343 22 C'"P«»y Data Ymt Group Nat M«t wnilip Grass MR to prom/lots (L) par stars divMaatf (•MO) (cants) MAA Jun 23 Dec 91 1*52,192(52.088) 4.7(4.5) MBf HWgs Jun 23 Dec 91 M528.500 (520.923) 8 2(114) 5(5) TDM jun 23 Dec 91 M51,2021(52,1791) -<-) Semb Shipyard Jun 18 Dec 91
      343 words
    • Article
      PRELIMINARY RESULTS
      258 22 Company Date Year Group pre-tax Not earaiags 6«*s ann to profit/loss (L) per share dividend (•000) (coats) Ale* Hidgs Jun 29 Mar 92 $1.527($700) 5.3(23) 6(6) KimEng Jun 29 Mar 92 S13.428($14.781) 4.4(4.1) 7(6) Asia Pac Id Jun 25 Jan 92 M$12.725($12.044) 2 3(24) 2(2 MetatocK Jun 25
      258 words
    • Article
      INTERIM RESULTS
      210 22 Comoanv Date Half-year Croup pre-tax Interim ann to profit/loss (L) dividend (•000) Asia Pacific Jun 26 Mar 92 563 038(S59 214) UNION) S Jun 26 Mar 92 J99 550<589 232) 9.2(92) Pacific Can Jun 26 Mar 92 $2 034L($30i Van der Horst Jun 26 Mar 92 $627(11,517) Cerebos
      210 words
    • Article
      RESULTS FORECAST
      169 22 Mai, Board Last F«l Year Forecast Dat, Net WWI EPS ancd Ye* EPS Gross profit N« h"C* Ceapaqr Period tost jr tndmg (ets) (SHi) (SW SU F May 20 Mar 92 1*3 2 40 0 912 800 986 9—***** 1539—184 0 Traasaarto F Jun 13 Mar 92 34
      169 words
    • Article
      OTHER RESULTS DUE
      397 22 Main Board Ust M Ye* Cm Period Mt l« EfS Cms fct nMoaced eadag (cts) last jear (STNt) EMS Final Nov 6 Jul 91 30TE 17,8781 C fr*crtics Intenm Jul 11 Dec 92 231 50 0 6.943 F«cal Faaacc Interim Jul 24 Dec 92 10 8 003
      397 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      714 22 Trans Registered Substantial Buy/ No. of Amount Shareholding Stock Date Hoider Shareholder/Director Sell shares Before After SPH 25 '06 92 OCBC Ltd *S 42,000 3MJ.801 23,096.532 9 50 23.054.532 9 48 Gotdtron 24/06/92 Acma Ltd S 12.500 8.625 59.412.500 30 00 59.400.000 30 00 NatSteel 23/06/92 Street
      714 words
    • Article
      DIVIDENDS ANNOUNCED
      923 22 Current Ex Books Data Total far Total far payment date doto payabfa tha par last par Aorta 5% Jun 5 Jun 18 Jul 2 12.2* 10%TE Amcd 25c 10% Aug 21 Aug 27 Sep 10 10% 10% Apofe 2 5% Jun 3 Jun 16 Jul 23 25% Asa
      923 words
    • Article
      CORPORATE DEVELOPMENTS
      636 22 Jun 29 Jack Chia-MPH Ltd proposes to take over Boustead pic through a unique two tier price offer which values the British listed company at £20.2 Hongkong-listed Gold Peak Industries is listing another subsidiary here the electrical business under Clipsal Industries. Clipsal Industries, which manufactures electrical products such
      636 words
    • Article
      APPROVED ISSUES
      446 22 Company Rights Issue DtC Bat One-tor two g, MSI25 per share Ei-date Jun 2 Books dose Jun 17 Acceptance Payment Jul 30 Eu Yai Sang Three-tor-one fe SI 05 per share Ei date Jun 17 Books Close Jun 27 Acceptance I Payment NYA Keppd France One-tor tour g
      446 words
    • Article
      PROPOSED ISSUES
      564 22 C»n»fy jjjjb tout mrnn T«d» Onfrtor-one ft $1.00 per share JM StMl One-tor three ft MS2 20 per share Issue of 211.62m 50% Cumulative Redeemable Preference shares of 10 sen each 1992/97 (CUPS) with up to *****m Transferable Subscription Rights (TSft) tor an ag agate pnce of IQl
      564 words
    • Article
      COMPANY MEETINGS
      182 22 Leader Unversal Hokinfs Bhd: EGM at The Pangkor Room, Level 3, The Shangri-La Hotel. Jalan Magazine, ***** Penang. on Friday. July 3, at 11.00 am Unphone Teteconmncations Bhd: 35th AGM at the registered office of the company. No 10 Jalan Tandang, ***** Petalmg Jaya, Selangor Darul Ehsan, on
      182 words
    • Article
      SCRIPLESS CONVERSIONS
      103 22 Conversion Special Trdg Scnpless Conversion deadline Period Trading Company starts (1DP) (ST) starts L' u vm Sana* Jul 1 Jul 21 Jul 9 Jul 21 Jul 22 Keppel Finance Jun 10 Jul 1 Jun 19 Jul 1 Jul 2 Keppel Fin Wt Jun 10 Jul I Jun 19
      103 words
    • Article
      RECORD HIGHS & LOWS
      153 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 Nfh: 1316 68 (21/2/92) 1992 hjh: 154 592 (27/1/92) 1992 low; 1191.31 (9/4/92) 1992 low: 1352.83 (9/4/92) 1991 hjh: 1333 08 (3/6/91) 1991 hich: *****8 (3/6/91) 1991 low: 1022.52 (16/1/91) 1991 low: 1149 08 (16/1/91) 1990 Nek: 1435.43 (16/7/90) 1990
      153 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      362 22 In local curr In S$ In US$ dy yr dy yr dy yT June 29 Index chge chge chge chge chge chge World 376.8 0.1 -7.7 -0.4 -7.8 0.4 -7.7 fcEAFE 445.4 -0.3 -11.3 0.4 -10.9 0.4 -10.8 Europe 428.5 -0.3 4.2 0.7 5.0 0.7
      362 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Index closes lower on last day of one-session trading
      1793 23 Reuter STOCKS ended the last day of one-session trading little changed yesterday as investors were uncertain whether extended trading hours starting from this month would boost market sentiment, brokers said. The SET Index ended 1.78 points lower at 751.45 on turnover
      Reuter; Source: Bridge Info  -  1,793 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market quiet as investors stay on the sidelines
      1268 23 STOCKS closed lower yesterday in quiet trading, with most investors on the sidelines, brokers said. The Official Index fell 4.52 points to 313.60. Blue chip Astra International fell 550 rupiah to 11,400 in thin turnover. Cigarette company Gudang Garam closed 200 rupiah
      Source: Bridge Info  -  1,268 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      7 23 Advertising Marketing in Business Times every Thursday
      7 words
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      Page 23 Advertisements Column 2
      93 23 'Jrs" v done when you can in the experts v FOR BITS AND BYTES Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares end higher but off day's peaks
      2607 24 Reuter STOCKS closed firmer yesterday in a technical rebound but off the day's highs. Active buying by foreign pension funds helped lift prices, while a strong yen and Wall Street's overnight jump supported sentiment, brokers said. But volume was thin and the economic
      Reuter  -  2,607 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Prices bolstered by afternoon buying
      2609 24 Reuter SHARES finished higher yesterday on an afternoon buying spree to regain the 6,100 level, following a day of roll-er-coaster trading that was triggered largely by futureslinked activities. The blue-chip Hang Seng Index climbed 46.02 points to close at 6,103.92, after opening smartly higher on
      Reuter  -  2,609 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks end fiscal year quieter but firmer
      2144 25 Reuter THE financial year ended quietly on the Australian stock market yesterday, with shares closing off their highs but still a few cents up. There were few highlights in a day that dealers mostly spent squaring off their books, except that News Corp
      Reuter; Source: Bridge Info  -  2,144 words
  • REGIONAL STOCK MARKETS
    • NZ shares end mixed on technical trading
      • Article
        NEW ZEALAND
        238 25 NEW ZEALAND shares were mixed at yesterday's close in a day dominated by quarter-end technical trading. Brokers detected few pre-Budget concerns, with Finance Minister Ruth Richardson telling people she planned no show-stoppers in her document due for release tomorrow. The NZSE-40 Index rose 0.67 point to 1,520.65 on
        238 words
      • Article
        TAIPEI
        573 25 STOCKS rose as a technical rebound in financials led up other sectors yesterday, but brokers said sentiment was cautious and slow trade would continue. The Weighted Index closed 56.31 points or 1.3 per cent higher at 4,523.81, but turnover shrank to a thin NTS 18.45 billion from Monday's NT521.05
        573 words
      • Article
        SEOUL
        871 25 THE depressed stock market closed flat in lacklustre trade after fluctuating in a narrow range, brokers said yesterday. "With no special news, the market continues to languish in the doldrums," Hanshin Securities' Park Sang Joon said. Brokers said speculative investors, so called "big hands", tried to hunt bargains in
        871 words
      • Article
        Untitled
        47 25 Clow Prcriot Jane 30 NEW ZEALAND NZSE-40 Capital 1,520.65 1,519 98 +0.67 Composite Index dosed 1,555.81 Turnover (mil pesos) closed 926 TAIPEI Weighted Price Index 4,523.81 4,467.50 56.31 Turnover (NTS billion) 18.45 21.05 -2.6 SEOUL Composite Stock Index 552.03 551.55 +0.48 Turnover (billion won) 172.68 188.36 -15.68
        47 words
      • Article
        BOMBAY
        115 25 BROKERS boycotting trade since June 15, except for a few squaring-up deals last Friday, stayed away from the market and said they would await a verdict from a special court before returning to the floor. The Bombay Stock Exchange petition filed last Friday is expected to be heard by
        115 words
      • Article
        MANILA
        431 25 THE STOCK MARKET was yesterday for a holiday marking the inauguration of Fidel Ramos as the country's new president. The market reopens today. Manila J MM 29 Peso +/-Vol COOO) A.Soriano Corp 1.660 Abra Mining Corp. .010 Alcorn Pet .047 .002 ***** Akom Pet.-B 058 .008 5300 Anglo Phil-Oil
        431 words
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  • WORLD STOCK MARKETS
    • Dow climbs out of summer doldrums
      • Article, Illustration
        NEW YORK
        1199 26 WALL STREET emerged out of its summer doldrums with a vengeance on Monday, as bargain hunters and investors betting on an interest rate cut lofted blue chips to their strongest gains since early May. The Dow ended up 37.45 or 1.14 per cent to 3,319.86, the biggest rise
        1,199 words
      • Article, Illustration
        LONDON
        797 26 SHARES closed down on Monday with a lack of genuine interest to sustain the early rally prompted by broker's recommendations. The FTSE-100 Index closed down 18.3 points at 2,515.8 points, after hitting a high of the day of 2,548.2 at 1010 GMT. The FT-30 Index closed down 19.2 points
        797 words
      • Article
        FRANKFURT
        333 26 GERMAN SHARES finished a lifeless Monday session slightly firmer With market operators complaining about a lack of both participants and orders. The 30-share DAX Index, trapped in a range between 1,754.13 and 1,761.97 points, ended up 2.99 points at 1,757.12. Concern about German inflation and high M 3 money
        333 words
      • Article
        PARIS
        366 26 NEWS that Algeria's head of state had been slain sent French share prices into a tailspin on Monday as investors decided to pocket quick profits rather than increase exposure to an indecisive Paris bourse. The CAC-40 Index, which had risen as much 0.54 per cent in early trade and
        366 words
      • Article
        MILAN
        282 26 ITALIAN SHARES closed broadly lower on Monday as the market brushed off two factors widely expected to boost the market Sunday's nomination of Italy's 51st post-war government and Friday's accord between Olivetti and DEC. The MIB All Share Index, which opened the session one per cent higher, retreated throughout
        282 words
      • Article
        STOCKHOLM
        189 26 A STRONG RISE in Swedish credit yields and a steadily weaker dollar on Monday sparked a fall on the Stockholm bourse, where pessimism was high. The bourse General Index fell 1.07 per cent to 899, and Top-16 Shares fell 1.39 per cent. Turnover was a low 379 million kronor.
        189 words
      • Article
        BRUSSELS
        230 26 BELGIAN SHARES closed a little lower on Monday in light trading-range business with trading mostly concentrated in oil major Petrofina and retailers Delhaize, GIB and Colruyt, which accounted for some 60 per cent of total turnover. The Bel-20 Index of leading Belgian shares closed down 1.40 points at 1,165.28
        230 words
      • Article
        TOROKTO
        375 26 BLUE CHIPS broke a string of dull sessions on Monday with a sharp rise, but the broad market ended mixed with 1 little volume, dealers said. The TSE-300 Composite Index closed up 24.5 points at 3,375.8. Advances matched declines at 272 on volume of 20.3 million shares valued at
        375 words
      • Article
        Untitled
        532 26 June 29 Close Piwlw NEW YORK Dow Jones 3.319.86 3.2S2.4I +37.45 SAP 500 408.94 403.45 5.49 Turnover (million) 162 154.4 -7.6 LONDON Financial Times 30 1,944.7 1.963.9 -19.2 FTSE 100 2,515.8 2.534.1 -18.3 Turnover (million) 382.7 637.2 -254.5 FRANKFURT DAX Inde* 1,757.12 1.754.13 +2.99 AMSTERDAM EOE Index unav 303.20 PMBS
        532 words
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      Page 26 Advertisements Column 1
      25 26 Amsterdam, Zurich and Johannesburg closing reports were not available yesterday Personal Finance Investment in Business Times every Saturday Innovation Technology in Business Times every Tuesday
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US$ closes higher against mark, unchanged against yen in Tokyo
      1148 27 REPORTS TOKYO: The dollar ended higher against the mark on short-covering and mark sales for yen yesterday, partly due to uncertainty over Yugoslavia, while it closed unchanged against the yen, dealers said. At 0630 GMT, the dollar ended at 125.55
      1,148 words
    • Article
      INTERBANK FOREX RATES
      386 27 Cross rates June 30 USS SS MS Dm Yen SFr AS NZS USS 1 6185 2.5060 1.5230 125.50 0.5258 1.3760 1.3351 1.8315 SS 0.6179 1.5483 0.9410 77.5409 0.3248 0.8502 0.8249 1.1316 MS 0.3990 0.65 0.6077 50.0798 0.2098 0.5491 0.5328 0.7308 Dm 0.6566 1.0627 1.6454 82.40 0.3452 0.9035
      386 words
    • Article
      MONEY MARKET
      526 27 Interbank rates as at 2pm June 30 I SS Bid Offer Overnight 0 1/8 1-month 2 3/4 2 7/8 2-month 2 13/16 2 15/16 3-month 2 13/16 2 15/16 Overnight mode: 2-5/8 USS Bid Offer 7 days 3 7/8 4 H month 3 7/8 4 2 months 3
      526 words
    • Article
      Lock icon Economic woes and political turmoil seen dogging greenback
      423 27 Reuter NEW YORK The US dollar is looking more and more tattered these days. Having lost nearly six pfennigs, or 3.7 per cent since June 19, the dollar is facing further selling amid widespread concern over a sputtering US economy and political
      Reuter  -  423 words
    • Article
      FINANCIAL FUTURES
      1427 27 S1MEX EUKOOOLDUI Open High Low Sett Est Vol Act/Vol Op/lnt Sep 92 96.06 96 08 96.06 96.07 5500 2930 ***** Dec 92 95.59 95.60 95.57 95.59 8700 2461 ***** Mar 93 95.50 95.51 95.48 95.49 2600 1314 ***** Jun 93 95.08 95.10 95.08 95.09 820 515 2125 Sep
      1,427 words
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  • COMMODITIES
    • Article
      Lock icon Indian tea industry urged to step up declining exports
      295 28 AFP NEW DELHI Indian tea exporters were urged by the government on Monday to step up falling overseas sales by targeting hard currency markets amid concern over declining production. Deputy Commerce Minister Salman Khurshid said global tea prices had been depressed
      AFP  -  295 words
    • Article
      Lock icon Jordan Phosphates plans joint ventures with Japan and India
      320 28 Reuter AMMAN Jordan's phosphate company, a major world producer, is planning joint ventures with Japan and India in a push to increase its share of the refined fertilisers market, its managing director said on Monday. Thabet al-Taher said in an interview
      Reuter  -  320 words
    • Article
      KL tin surges to new 26-month high
      742 28 REPORTS BRISK follow-through European and local covering coupled with a stronger London market pushed up the price of tin on the Kuala Lumpur Tin Market (KLTM) yesterday to close at a 26-month high of MS 17.33 a kg, up 32 sen from Monday,
      742 words
  • Article
    PRICES
    1488 28 Rubber Mi («t hi fcd») (M cents/kg) Noon Close Int I RSS July 92 220 0V222.00N 220.00/222.00 Int 2 RSS OP 218.00/219.00N 218 00/219.00N UK/Cont 2I7.00/2I8.00N 217.00/218 00N Int 3 RSS OP 215.50/216 50N 215.50/216.50N UK/Cont 214.50/215. SON 214.50/215 SON Int 4 RSS OP 212.50/213.50N 212.50/213 50N UKATont 211.50/212.50N
    1,488 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      958 28 nr o""T™ v s"1 —wsrm7GߥffmrPMVATE UMTTED (In Vol UqMriltn| FINAL MEETING NOTICE M HEREBY OIVEN pursuant to Section 300 of the Companiae Ad (Cap. 80) thai FM General Mealing of the Menders of the abovenamed Company be IwM at Hi* Office of M/s Wee Seng Ttong A Coi, 1 Gotonfco
      958 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1175 29 IftUUdtiAlUMUUMAtKMUiMUa* City FHW CT> F1«M HO Ata MMM GA895 1300 GA963 1315 fumtm RJ182 1440 ftnlmriiM KL837 1255 SQ324 2200 fiioon 1300 SQ323 1840 KL838 2240 tacttMri NZ21 IffiO NZ22 1940 SQ288 2025 SQ286 2030 gdraM GF149 0650 7f—T-| I GA911/524 0800 ■■ntr-- SQ182 0915 Imm
    1,175 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Italy's tourist meccas fight back
      589 29  -  POSTCARD FROM ROME /y//x By John Follain VISITORS to Italy beware. Bracing for the summer assault, tourist meccas led by Venice, Florence and Rome have drawn up tough rules that visitors must stick to, or pay the penalty. Show a bare torso on St Mark's
      589 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 29 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2061 1.2225 Canadian dollar 1.3381 I.36SI NZ dollar 0.8742 0.8718 Sterling pound 3.0665 3.1080 US dollar 1.6145 1.6215 Local dollars to 100 units of ftjitifi currency Austrian schilling 14.95
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      60 29 Duration Titk Venue Organiser Tel Aug 16-18 International Munich, Mode-Woche- (49) Fashion Fair Germany Munchen GmbH 5"0 (fa*) Aug 16-19 National Chicago, USA Reed Exhibition (1)617/630Hardware Show Companies 2222 Duration Title Venue Organiser Td Aug 22-25 International Frankfurt, Messe Frankfurt (49)69/***** Trade Fair for Germany GmbH Consumer
      60 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      41 29 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details. We knew Europe from ■tart to Ftaniah.
      41 words
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      Page 29 Advertisements Column 2
      289 29 B U S I N E S S._TJ_M-g-g_ Toll free Tel No: 737-0043 Fax No: 734 3606 lEU YAN SANG HOLDINGS LIMITED (Incorporated in the Repubfic of Singapore) ANNOUNCEMENT RENOUNCEABLE RIGHTS ISSUE OF 27,035,070 ORDINARY SHARES OF Ssl.oo EACH AT 5f1.05 PER oItDMARY SHARE ON THE BASIS OF THREE (3)
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      Page 29 Advertisements Column 3
      31 29 If you're planning for an exciting career move, The Straits Times APPONfTMENTS is just the place to etart looking. for that perfect position. EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY.-737-0043
      31 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      301 29 5 Stake a pound by mail (6) —-JBl——L^J— 8 Bad lads hope to make such a bloomer! (8) hm 1 I I I I 9 Object: getting a tiresome fellow to admit corruption io 10 Heads bringing the heart- 1 less into step (S) —LmJ—■■■ 11 Back strike a rise
      301 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      162 29 Singapore Outlook: Showers over a few areas in the afternoon. Report Maximum temperature 32.5 Assoc humidity 62% Minimum temperature 25.9 Assoc humidity 94% Hours of sunshine 8.75 Rainfall in mm Nil Rainfall this month 163.3 Rainy days this month 16 World report Asia-Pacific Hi/Lo* Cood. Auckland 16/07 Clear Bangkok 33/26
      162 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      54 29 I PNcnweß dp.y > ui€NTU on moNt>poy i if «r the. uxcxfeND 11 J Wct—^P=< sep, fisntxG-- J V yseeiMG--^; Vy (cf«o) V I XZT .—I J JL—=— 1 T Aom€rr>nes i cdK VCHOU —NDU sw SO OAf SPv'D SO 1 soufc CBRD J V° N Np* .J CP«?-..) 87i9
      54 words
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  • Article
    Lock icon US economic recovery still on track in May
    390 30 Leading indicators post fifth straight gain Reuter, AP WASHINGTON The US government's key economic forecasting gauge showed the recovery on track in May, rising by 0.6 per cent for the fifth consecutive monthly gain, the Commerce Department said yesterday. The Index of
    Reuter,; AP  -  390 words
  • Article
    Lock icon Economists revise GDP forecasts downwards
    332 30 Reuter NEW YORK Some economists whose forecasts for US second and third-quarter economic growth were on the optimistic side are curbing their expectations now, persuaded by government economic reports indicating that the economy remains sluggish. Nikko Securities chief economist Robert Brusca, who once thought that
    Reuter  -  332 words
  • Article, Illustration
    Lock icon Ramos promises swift reform of economy
    466 30 New president vows to dismantle protectionist barriers, make industry more efficient Reuter MANILA General Fidel Ramos launched his presidency yesterday with a pledge to turn the Philippines' "plodding society into a tiger", but rebel soldiers greeted his inauguration by bombing banks and a railway
    Reuter  -  466 words
  • Article
    Lock icon Bush administration opposes trade curbs on China
    321 30 Reuter WASHINGTON The Bush administration on Monday opposed a congressional Bill that would attach conditions to renewal of China's favourable trade status with the US, calling it bad policy and unworkable. Legislation introduced in the House of Representatives would partially revoke China's most
    Reuter  -  321 words
  • Article, Illustration
    Local oil refiners must not lose edge
    763 30  -  The Bottom Line LOH HUI YIN LOH HUI YIN The writer is a BT news editor IF THERE was one topic dominating conversation in oil companies' boardrooms here at the end of last week, it must have been the ouster of Robert Horton
    763 words
  • Article
    Lock icon Thai parliament dissolved to pave way for fresh elections
    477 30 AP BANGKOK Thailand's House of Representatives was formally dissolved yesterday to pave the way for general elections designed to avert further political turmoil and street violence. Several legislators interviewed said the dissolution was only a small step forward on Thailand's painful
    AP  -  477 words
  • Article
    Russia expected to make sharp devaluation of rouble soon
    397 30  -  From John Helmer in MOSCOW A SHARP devaluation of the Russian rouble is imminent, well-placed government source have told BT. The sources said that in negotiations with the International Monetary Fund (IMF), the government has pledged to introduce a uniform foreign
    397 words
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  • Shipping Times
    • Article
      Lines to raise levy on cargo via S'pore, M'sia
      360 31  -  By Dexter Lee SINGAPORE Shipping lines plying intra-Asia trade routes will raise the terminal handling charge on containerised cargo passing through ports in Singapore and Malaysia next month. From Aug 1, shippers and consignees in Singapore will have to pay an
      360 words
    • Article, Illustration
      Lock icon Gulf of Mexico ports can expect marked growth under Nafta
      533 31 Reuter MIAMI Port cities along the Gulf of Mexico from Tampa, Florida, to Galveston, Texas, are anxiously awaiting the outcome of the proposed North American Free Trade Agreement (Nafta). For these cities, the result of a free trade accord with
      Reuter  -  533 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1175 31 Pace Col ABC Containerize 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 Anglo Orient 16 1/2 ANL 3 1/2 *APL 5 3-5 Arrow Int 9 2 Asian Break-Bulk 16 3 ASCL 5 5 ASXCLShpg
      1,175 words
    • Article
      New bunkering rules to apply from next month
      331 31  -  By Juliette Walker SINGAPORE From Aug 1, bunker delivery operations in Singapore will have to follow a set of procedures prescribed by the Singapore National Shipping Association (SNSA). The establishment of the Singapore Bunkering Procedure (SBP) is aimed at enhancing the Republic's
      331 words
    • Article
      Lock icon Port Klang's Konnas Terminal next in line to be privatised
      312 31 Bernama PET AUNG JAYA Konnas Terminal Kelang Sdn Bhd, an 80/20 joint venture between Kontena Nasional Bhd and P&O Australia Ltd, will lead in the privatisation of the rest of Port Klang in about three to four months. At present,
      Bernama  -  312 words
    • NEWS SUMMARY
      • Article
        Happy Channel crossing
        30 31 CHANNEL ferry operators believe that the forging of a single European market will create enough growth in passenger and freight traffic to keep everybody busy Page 2
        30 words
      • Article
        Taipei hopes to resume talks with McDonnell
        38 31 TAIWAN hopes to resume talks with McDonnell Douglas Corp soon to salvage its troubled plan for a tie-up with the US plane maker, a government source said on Monday. Back par
        38 words
      • Article
        Aerospatiale chief to lose his job
        46 31 HENRI Maitre, chairman of Aerospatiale, the Frtacb stateowned aerospace group, is to be replaced unexpectedly by Louis Gallois, head of SnectAa, the French state aero-engine company. Mr Gallois' appointment is expected to be confirmed by the French Cabinet today BackPage
        46 words
      • Article
        USAir, BA negotiating to buy out TWA: report
        49 31 USAir is trying to work out a deal to acquire virtually all assets of Trans World Airlines Inc in a transaction to be financed by a major cash infusion by British Airways, the Wall Street Journal reported on Monday. Back Page
        49 words
      • Article
        Aussie airports to ban smoking from today
        28 31 SMOKING will be banned at all major airports in Australia from today, the Federal Airports Corporation (FAQ said yesterday Back Pap
        28 words
    • LOG BOOK
      • Article
        Archer-Daniels raises stake in NY carrier
        85 32 WASHINGTON Archer-Daniels-Midland said it raised its stake in Overseas Shipholding Group Inc to 9.51 per cent or 3,123,800 common shares. In a Securities and Exchange Commission filing, the group said it bought 633,200 additional shares of Overseas between June 16 and 25 for U5515.28
        85 words
      • Article
        UPS acquires British parcel firm
        94 32 ATLANTA United Parcel Service Inc said on Monday it has acquired a major British package delivery company, completing its European ground shipping network. UPS, a privately held company based in Atlanta, did not disclose the terms of its purchase of Carryfast Limited, which it called
        94 words
      • Article
        Ship capsizes off Bali, 69 missing
        75 32 JAKARTA Sixty-nine people are missing after an Indonesian ship with 206 passengers and crew capsized off the resort island of Bali, a rescue official said yesterday. A Taiwanese fishing vessel rescued 137 people after the Lombok Utama foundered on Sunday while on its way
        75 words
      • Article
        Emirates to fly to Jakarta
        52 32 JAKARTA Emirates, the international airline of the United Arab Emirates, plans to start three-times-a-week service between Dubai and Jakarta on Aug 10, its chairman said on Monday. Jakarta is the 29th destination of the Dubai-based airline, which already has developed links with Hongkong, Singapore, Bangkok
        52 words
      • Article
        Ship turns back after cargo shifts
        25 32 LONDON The Panamanian-flag vessel Pad turned back to Aqaba, Jordan, because of shifting cargo, Lloyd's Shipping Intelligence Service reported.
        25 words
      • Article
        Liquefied gas tanker for Libya
        84 32 NICOSIA Libya's first liquefied natural gas tanker, built in Japan, joined the country's fleet on Sunday, the Libyan news agency Jana said. The 3.837-tonne tanker al-Tahadi will join a fleet of 27 vessels run by Libya's General National Maritime Transport Company, it said. Jana said
        84 words
      • Article
        Monsoon slows refloating of ship
        51 32 LONDON A monsoon has hampered the refloating of the Maltese bulk carrier Flying Falcon which is aground on the north-east coast of Somalia. Lloyd's Shipping Intelligence Service reported. Lloyd's said the 41,300-dwt vessel could not be refloated until cargo was discharged which the monsoon was
        51 words
    • Article, Illustration
      Lock icon Happy Channel crossing
      1269 32  -  Channel ferry operators believe that the forging of a single European market will create enough:: growth in passenger and freight traffic to keep everybody busy, reports Barry James Barry James IHT FERRY operators, who once feared the opening of the Channel Tunnel, are now going through the
      IHT  -  1,269 words
    • Article
      THE SHIPPING GUIDE
      11332 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,332 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        573 47 i n» »rti <wtm »g*g !S»to« Tir "w» 1 M03 atongade 30.06/2300. flttM Mora *****2 M4 imp* 01.07/0500 Batammdo 2 2010S M02 Amp* 30.06/1900 Bratf« 5/92 M02 alongs* 30.06/2300 Gvaii G57 M05 Hw*ade 01.07/2300 Mttota Exp 131/92 M04 *x«sde 30.06/1400 feu Jaya ****** M03 Honpk 30.06/1400 Radminuel
        573 words
      • Article
        CONTAINER SCHEDULE
        1579 47 DELIVERY OF Fa IMPORT CONTAINERS IN PROGRESS Sj> *1 Cutmm rnUtk 9* fry Hi Cmtotmt mnMk Ms Asa Own 9227 29.06.92 0220 M Goretarov 27SI92 COO(EST) 30.0692 1500 00CL Arrow 32E 29.06.92 0 700 Kuala Sak 5 3104 COO(EST) 30 06.92 2030 Sea Fortune SFT021 29.06.92 0855 **3
        1,579 words
    • Article
      TRANSPORT DIARY
      889 48 ScptJPlfc Asia-Pacific Digital Mobile Communicationd, organised by IBC Technical Services Limited at The Mandarin Singapore. For further details please contact IBC Technical Services at tel: 732-1970 or fax: 733-5087. Oct 5 St 6: Conference on Quality Control in Asian Shipping, organised by IBC Technical Services Limited at the
      889 words
    • Article
      DAILY FREIGHTS
      601 48 THE DRY cargo freight market showed further signs of easing after weeks of falling rates, and the Baltic Freight Index dropped ten points to 1,104. Brokers reported pressure on the key US Gulf/Japan grain route, which had so far bucked the negative trend, but was now fixed at
      601 words
    • Article
      WEEKLY FREIGHTS
      214 48 SHIPPING rates slipped in almost all sectors last week, even affecting the grains sector where rates had recently seemed to be improving. The Baltic Freight Index (BFI) lost 38 points to 1,114 points. Pressure from the US private sector on US President George Bush to grant economic aid
      214 words
    • Article
      Lock icon Taipei hopes to resume tie-up talks with McDonnell
      403 50 Reuter TAIPEI Taiwan hopes to resume talks with McDonnell Douglas Corp soon to salvage its troubled plan for a tie-up with the US plane maker, a government source said on Monday. The government has helped to put together a negotiating group of
      Reuter  -  403 words
    • Article
      Lock icon China deal may help save jobs
      264 50 UPI LONG BEACH, California McDonnell Douglas Corp, which has been slashing its domestic work force, may be able save some US jobs due to its US$l billion (551.62 billion) deal to supply commercial jetliners to China, a spokesman said on Monday. "This deal is
      UPI  -  264 words
    • Article, Illustration
      Lock icon Aerospatiale chief to lose his job
      307 50 FT PARIS Henri Martre, rhalrmM of Aerospatiale, the French state-owned aerospace group, b to be replaced unexpectedly by Louis Gallois, head of Sac cms, the French state aero-engine company. Mr Gallois' appointment is expected to be confirmed by the French Cabinet today. It had
      FT  -  307 words
    • Article
      Lock icon Aussie airports to ban smoking from today
      239 50 AFP SYDNEY Smoking will be banned at all major airports in Australia from today, the Federal Airports Corporation (FAC) said here yesterday. The FAC said in a statement the ban applied to international and domestic terminals and would cover all public areas, work
      AFP  -  239 words
    • Article
      Lock icon Alcoa-Kobe venture starts production
      139 50 AP PITTSBURGH Aluminum Co of America announced on Monday that its joint venture with a Japanese steel company to manufacture aluminum for the transportation industry will begin production this week. Alcoa and Kobe Steel Ltd announced the project previously. Operations in the US and Japan will
      AP  -  139 words
    • Article
      Lock icon USAir, BA negotiating to buy out TWA: report
      355 50 UPI NEW YORK USAir is trying to work out a deal to acquire virtually all assets of Trans World Airlines Inc. in a transaction to be financed by a major cash infusion by British Airways, the Wall Street Journal reported on Monday.
      UPI  -  355 words
    • Article, Illustration
      Lock icon FAA cast doubts on airline's method of checking for ice
      450 50 NYT NEW YORK Federal aviation officials last Thursday cast doubt on the effectiveness of checking for ice on airplane wings by looking through the cockpit window. That was the method the copilot of a USAir jet said he used before
      NYT  -  450 words
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      7 31 For ik/mtUHgeimdna. contact Shipping Timer Tei 740-XM4OSO*L
      7 words
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      Page 31 Advertisements Column 2
      136 31 j; JggLaaZr ports indudhooutportt snpmmmno Mona*n craw and oMoirsndnoi Sri Lanka era* and oflbnnllrigs Can ananga transfer to any worktoridatooiiens CALL HOTLINE: SIS Contaner Schedule .'l7 My Frwchh IB Index 1 Shppmg W1 Shps in Port 17 Support Tries 17 Transport Dary Weather and Sea Condtoom 17 Weekly Frwghb M
      136 words
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      84 32 L o<^> J <^ 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 successful small
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      2027 33 "*rr —p y > #IBM 11,11 AOBHC<M BOOKINGS TEL: *****34 *****58 Ifllßll S^!^W^ a A<S£a..«m.«Ho. [w] PORT KELANQ TEL: *****18 FAX: *****91 *****88 |£nl e r— PENANO TEL: *****4 FAX: *****1 CFS TEL: *****8 mmmmmm Dedicated to Quality Service rnittlllllH wjsa wr iw w> ow f Wl JUL JHS r
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      Page 33 Advertisements Column 2
      1099 33 s t Find out how sellers are reaching out to buyers in Advertising I: A and Marketing. Every Thursday in BT IVSL/VOY ~SW WYC |ML I Off IW I ■hh M/ 7 nn an m/i *5 I ■Ml N a/1 1/9 W 0 w I a BMW n m u*
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      1381 33 ■OHMill 2 SAILINGS TO NEW YORK PROVIDENCE BAY VSBII ETA Singapore 3/7/B2 ETA New York S/S/S2 (VIA ROTTERDAM) MADISON MAERSK VS2OS ETA Singapore 7/7/92 ETA New York 9/8/92 Vmml Vojr I ETA I ETD Teedar by 1 DESTINATIONS laerort/Aries TNi VMk Mtditon MMrB 9206 CY 7/7 080 C MRS Port
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      1218 34 M'U.U.IIHCTI LEVERKUSEN EXPRESS 07/326 5/7 ®2 VHJt Vtn KITANO 8/7 1«/7 1/8 28/7 27/7 THAMES 12/327 12/7 29/7 31/7 3£ 4/8 LA SEINE 25/128 15/7 24/7 8/8 4/8 3* HOECMBT EXPRESS 04/328 18/7 5/8 7/8 10/8 HAMBURG EXPRESS 00/128 23/7 15* 11/8 10/8 HANNOVER EXPRESS 08/320 28/7 12/8 14/8 17*
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      478 34 I UIH TO I— QU—A I MM maii TJU-fim vm mm turn t alamo vos wn 0000/wooi/wowo/RAa J KMAAI/WK I R (LCL -I- B/BULK) J T/* ALOTAU, OMMT, KAMENG ACCEPTUG La FOR MM KBTS OBCMAME HMT KBJM H C. TIL: 3M4701/4 I 0 1 I I hi ocui m son
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      Page 34 Advertisements Column 3
      1233 34 REGULAR INOEPENOENT FULL CONTAINWt WEWVICC WESTBOUND TO EUROPE HL/WT m BfIHLBOIIKaiOTfEUB PfffiPf* SUSAN 1217-3 01/07 23/07 27/07 21/07 21/17 30/07 30/07 31/07 SS2S MMMH 1211-3 04/07 20/07 20/07 30/07 31/07 02/00 03/00 03/00 04/00 15/07 N/00 M/M 10/00 11/00 12/ M 13/00 4/00 15/00 WBoy HOMAK 9211-3 20/07 11/00 13/00
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      2054 35 STRAITS SHIPPING PTE LTD 10 Hss Chiang toad #11-01 KspH Tsmts iimgw 020> T«fc *****1S Faa: *****17 STOW STRAITS VENTURE ¥1« Muara. Lafc. IM 01 M 02 M m I SI! OB MHUM VOX Muara. Lab. KK MO6 MO7 M MM KOTA BMTMK VJVT224 05-SS M.T SS-SS U.T STRAITS VWTIJK
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      Page 35 Advertisements Column 2
      1947 35 SINGAPORE AGENT: -^r P&O Containers w T-; 225 2233 Tatwc RS ***** PNOCBP Fax: 225 5327/222 7517 I Mtv «f« *"n M« xm urr HOT M6M VUML MY ANT ROT MAM MM ALO MO DX• ?Sfl MM LARS MAERSK 6206 ISAM MM M/ 07 17/07 20/07 21/07 2V07 TOKYO BAY
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      Page 36 Advertisements Column 1
      630 36 I«fc» I.IIIJILJIII.U.I m CR NBA ***********-0 EXPRESS SEMI CONTAINERSHtP SERVICES TO EUROPE tt/Wff STOK MMM/MMM HK WIO MFIOP ETK/D 6ATAMH/J268 17—fl/7 21/1 25/1 30/1 4/9 PAST TRANSIT TME ACCEPTWQ MEAKBULK/CONT/UNEMSED CARGO Sublet to IndwcMiwnL Atoo accepting cargo to CaooManea, Port Said, Poet Alexandria, Qawoa. Trtoato. ALSO ACCEFTWG CONVENTIONAL CARGO VIA
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      Page 36 Advertisements Column 2
      1279 36 (g) HANJIN SHIPPING" mm nilukraw. is ok ntm I luennk sm im m mmmuemmt okct »n nn mm mom m* 4/7 kutiuoic iv» u/« u/i HMUN LOMMEOIBE 12/7 OKCT 2/8 VI NMBM KMNBYMB OMI 1/7 K TOKONWA MK 20/S 21/1 23/1 SmSmß OIC 19/6 OKCT 0/8 12/8 mm out 08«
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      Page 36 Advertisements Column 3
      1207 36 f,l M i T A I fc. I 1 hJ hI k M ■II I I 1 I I nvaiiKui«ii«nKniuiaiaiß(uiNaviKniaiiß!'l! lltumK-tM kn tp tp vtp up mi up nn up np np u/i m/i u/i 2Vi mt nn mt nn tn i«/» n/t imim in tp up up vn np
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      Page 37 Advertisements Column 1
      1467 37 "3/ NEPTUNE AGENCIES PTE LTD SINGAPORE TCL. *****77 (CA M: **********0E) jy SSSSSg 0 ;as ffOLL P SSBuSSSSra ilrSrSSo EXPORT-<*•-»: *****53/*****60 AUBT/INOIA/PAK SERVICE '.*****00 /Xr *****0, J.Bshru-(07) *****2/3/4 (31) *****2/546. (tanwrang (24) *****6. Panjang (721) ***** Bandung (22) *****3 Madsn (61) *****6/*****7 zskshhes v iliter D.SENTOSA 63N 26/06 28/06 30/06
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      Page 37 Advertisements Column 2
      1059 37 fr SINSOV SMGAPORE SOVET SHVfMG CO PRIVATE LTD B00KM& *****51/ *****64/ *****06 (FESCO UNE) ENQURES: *****33 MARK MSURANCE SERVICE: *****87/ *****67 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENAN& *****4/ *****6 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) iKI fly w|i iJ 19m?M IH H I*7l IVR^H 0 If*
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      Page 38 Advertisements Column 1
      1451 38 W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR Noc *****7J000QM) I r jA W wm.TV7\ TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8® I ll 1 IXI MALAYSIA: "K* UNE MARITIME (MALAYSIA) SON BHD LAa AIL mV JL TELSASSO24OO PK*****01/5 PENANG632O2O J*****01 ■■■1 KAWASAJKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUT MTERNUSA
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      Page 38 Advertisements Column 2
      1072 38 PHILI-ORICNT UN€S PTC LTD 108 Robinson Road #074)0 GMG Building Singapore 0106 1 Tyi- aoo Tain: RS ***** FAX: *****/6/*****38 (M 0 BY AIR, LAND OR SEA.... 4tßk jft WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION j AUVnUUJAAMW ZMALANDOOUTH PACtnC FCIML SERVICE 3 JUL
      1,072 words
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      Page 39 Advertisements Column 1
      2103 39 JsiPJDM£_PACtFIC INTERNATIONAL UNES (PTE) LTD I a m 140 Cecil Street. #03-00 PtL Building. Singapore 0106. T«fc *****33 HHI I EQUATOR HAWK MM 1/7 T? EOtiilroiiMarveTAL mm Xn Xn ian KOTA MDiM «n IQUATOH CM VITAL MN S/7 1/7 W7 KOTA MDAH Ml M/ 7 MBSAMUT (THAI RAO) MUM M
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      Page 39 Advertisements Column 2
      741 39 E 3/7 3/7 4/7 BENALDER 2262 7/7 24/7 26/7 27/7 29/7 E 10/7 10/7 11/7 TOYAMA 2272 14/7 31/7 2/8 3/8 5/8 D 17/7 17/7 18/7 ABOSIA 2282 21/7 7/8 9/8 10/8 12/8 E 24/7 24/7 28/7 MHON 2292 28/7 14/8 16/8 17/8 19/8 R 31/7 31/7 1/8 BENABTY 2302
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      Page 39 Advertisements Column 3
      279 39 I NIGERIAN NATIONAL If| SHIPPING LINE NKERM EXPRESS SERVICE W RIVER NCPAN VJ2 BBtQAPORr 22 Jul S£. «>, 1 Port llf court 17 Aug Calabar 18 Aug I BSA° TRANSPORTATION M MYANMA H FIVE STAR LINE W (Myanmar National Line) Loadhf for Yanfon (Ranfoon) Sport PJC* P.MI piny a vi22W
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      Page 42 Advertisements Column 1
      2578 42 Conventional Semi-Container Full Container Liner Services Liner Services 1 H YlckFangS*lppia§ A ■ehwumhihiw ■ill ■nnwnnrininn onam sm* ***** ill Manxnv/xim Fnttmrlse Co Ltd CMMM P*UB (West Alna only) 2Mskifkad </WSM MrMfte. mwMl w 5087 r *7 let *****41 (4 lines) Id *****88 HMC Building f 15-00 Qmese Ctmitim ol Comma
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      Page 42 Advertisements Column 2
      343 42 19 McCAti.UK ITMiT ■HHBIH #03-01/W NATWEBT CENTRE «W|M»n 0109 Tatnc MUKO T«tnimn Fix: 22S ML 227*1* for bookmqs call dmect une TEL: 2222M1/2222M3 Mi/JAK KRVKI vgan. voy sin jak DERAJAT 988 IN PT 03/07 (FW) DERAJAT 980 07/07 (TUE) >0/07 (FW) LAWANTI 967 M PT 04/07 (SAT) PELOPOfI 1037 02/07
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      Page 43 Advertisements Column 1
      591 43 (igL FAMOUS CONTAINER LINES I 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 I HOT LINE: *****33 (24 LINES) I UMASSOL/PBEAUS 5/7 ROTTERDAM 5/7 I HAffA/ASHDOO/ALEXANDRIA 577 HAMBURG/BREMEN 5/7 I MARSEILLE/FRANCE 5/7 FELIXSTOWE/UK 5/7 I BARCaONA/SPAIN 577 LEHAVRE/ANTWERP 5/7 I GENOA/ITALY 577 GOTHENBURG/SCANWNAVIA 5/7 I LOS ANGEIES/WC/PI 5/7 SYDNEY/MELBOURNE 4/7
      591 words
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      Page 43 Advertisements Column 2
      675 43 Ml mu BMW MEHCKS (U PTE LTM mianminuMi 69 pry Li—piii Mil aS If J (National Unas of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL TVOY FTA LOACXNG W seowe 75wT ma 2*A5 OAHESSALAAM. MOMBASA. OJMOUTI ASSAB. MASBAWA NTTSAMCT J7WB «V» DAHESSALAAM MOMBASA. OJMOUTI ASSAB. MASSAWA KjUHI HUNG UNE FULLY CONTAVERISED
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      Page 43 Advertisements Column 3
      637 43 at/a 7 IMB BMM IW W 9V91 Mm mf9J 07/07 MMTA BMM WW Ml e4/07 OM tt/ 7 u/07 rw* bhmt»» Man Mm ea/07 n» o>/a7 MUk MM 12N Mm aa/07 M 10/07 mm I ra7 aa/a7 ——m: I MNTA BMM 07N Sat U/07 15/07 '•7 10/07 HTA BMUar»» 241
      637 words
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      Page 44 Advertisements Column 1
      1398 44 fetSMAC-NELS GROUPAGE IPENANQ: (04) *****6 SIBU: (084) *****9 KUCHINQ: (062) *****3 V P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 PEN PK SIN PEN PK SIN 2/7 3/7 4/7 Ldn/Fh/Rdm/Ant Colombo 2/7 3/7 4/7 GtMri/Cfugon/Slwim/Oslo Pt Klanj 4/7 5/7 6/7 5/7 *6/7 1 7/7 AucktaMl/Wlf/ Christchurch Tokyo/Kotoo 6/7 7/7
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      Page 44 Advertisements Column 2
      241 44 BLUE stjui LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS m ml in m PIOVECT 1* t/7 21/7 23/7 9/1 N 2 STAR V 0524 17/7 2»/7 31/7 17/1 PKMB Vl* 21/7 9/» 11/1 2S/S FULLY CONTAINERISED SAILINGS DISCHAROINO AT AUCKLAND, LYTTELTON, ACCEPTINQ FCL It LCL FOR NEW
      241 words
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      Page 44 Advertisements Column 3
      1035 44 OZ, THONG SOON UNES PTE. LTD. m 77 ROBMMM ROM) #1541, #IMO SU BULOM6 SMGAPORE IIM TEL: 2275 MS FAX NO; 227M11, *****22 1 TLX: IB 2S2W CMMBt, Rt ***** HMDL CABLE: TOtOCO SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA una Im leta Inn sua wt vm Ir. mum
      1,035 words
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      Page 45 Advertisements Column 1
      844 45 I^S^coSSAHß^eruan^^^^^ I DE VAPOREB I "PERUVIAN STATE UNE" I ACCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM I CALLAO, MAT ARAM, I.O* ft OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH HLL OF LADING. "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAKBUIK/SOC CARGOES TO/FROM KOBE, YOKOHAMA. NAGOYA, MO*, TOKYO*. MANILA*, DAVAO*.
      844 words
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      Page 45 Advertisements Column 2
      493 45 ra aw l?g]j H.UEIKI/CUtKM SUinCtS KE3SEL Not m humid [WT |Ul| «T I SA» I ore I m TOKTQ ML. BZI2 HLJLMMP B MH—l 73E it/17 BM tOU Ml li/« ft/M n/MIM/IMILM-J mi g—a m 29/17 m mil \m 77/ M 11/g u g iyM-J minim inrwai w» mi i^biivmlu/«la/BiaaL
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      Page 45 Advertisements Column 3
      584 45 MULTHMBE SMPPMPTELTD MIDDLE-EAST/PERSIAN GULF ACCCFTMQ FCL/LCt OUBAI. OAMMAN. SHARIAH DOHA. MUSCAT. BAHRAM. ABU DHABI. BANDAR ABBAS. JEDOAH FAR EAST ACCEFTMQ PCL/LCL PENANG. P/AELANG. JAKARTA BANGKOK. HONG KONG. TAIWAN. JAPAN, MAMLA KOREA UK/EUROPE accepting FCUICI LONDON. FELIXSTOWE. LEEDS. TIBURY. ABERDEEN. LE HARVE. HAMBURG ROTTERDAM. ANTWEP. GOTHENBURG. COPENHAGEN t ALL OTHER EUROPEAN
      584 words
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      Page 45 Advertisements Column 4
      458 45 MONTHLY DIRECT CONTAINER SERVICE 1 SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA VSI: FttITAL ITA SW 2 JUL TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WITH TRANSHIPMENT TO: ASEAM/MJSTRALWFAR EASTfIHEDITERRAMEAIMEUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI j WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CARGO BOOKMG LUCKY TRANSPORT
      458 words
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      Page 45 Advertisements Column 5
      372 45 SM FMEttT 6/7 KEELUNG/KAOHSRJNG 6/7 BANGKOK 3/7 MANILA/CEBU 5/7 JAKARTA/BELAWAN/SURABAYA 5/7 PORT KELANG/PENANG/E. Malaysia 6/7 BUSAN 5/7 TOKYO/YOKO/KOBE/NGO/OSA 3/7 HONG KONG SIN CDMA 3/7 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIAN JIN /QINGDAO/HAIKOU also accepting LCL cargo SW EWOPt/W 4/7 LDN/FLX/LVP/SOU 4/7 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN BSft/CJtfMM "7/7
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      Page 46 Advertisements Column 1
      728 46 mT FIL CONTAINER SERVICES PTE LTD CiL- madbas eatsam VSLSIN/MADRAS VSLIN/CALCUTTA m j| jp m jn WT A MUM 01-02/07 OMJ/17 15-U/07 WOT AVMUKI 01-02/07 07-11/07 17-11/07 04-05/07 11-13/07 IHS/07 OS-00/07 12-10/07 H-2J/I7 00-09/07 IS-10/07 21-22/07 W-11/W 17-11/07 27-21/07 11-12/07 !«-10/07 25-20/07 BAW6KOK CUM! HfIWKOWL— VOL BM/BAHOKOK VOL WN/DUBAI V«L
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      Page 46 Advertisements Column 2
      395 46 BontermJ CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION TOUR FIRST CHOICE TO:— AUCKLAND 9 JULY ACCEPTING TO ALL PORTS IN NEW ZEALANO BANGKOK 4 JULY JAKARTA 8 JULY PEN AIMS 5 JULY PORT KELANG 2 JULY MELBOURNE 4 JULY SYDNEY 4 JULY FELIXSTOWE 4 JULY HAMBURG 4 JULY ROTTERDAM
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      Page 46 Advertisements Column 3
      482 46 This Week's Sailings i T 5 To: ETD To: ETD Singapore Singapore V Rotterdam 04/07/92 Bangkok 05/07/92 Antwerp M Manila 03/07/92 to Mid West/ 05/07/92 -m v Colombo 02/07/92 *^5 mml Singapore *****22 779 2738 <;—« A GUfiL Johore 07-*****8 07-*****3 Alfred Ng QZSj InmVm JUT Jakarta 021-*****40 021-*****01 Troy
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      Page 46 Advertisements Column 4
      423 46 FCL/LCL SERVICES MANILA ETA SHENC CAI 2NB 3/7 VIGOUR SINGAPORE 30NB 10/7 BANGKOK 4/7 11/7 BUSAN 6/7 13/7 HONGKONG 1/7 3/7 U.S.A. 6/7 13/7 PT LOUIS/DURBAN 9/7 24/7 KEELUNG 6/7 13/7 PT KELANG 3/7 7/7 OSAKA 3/7 10/7 PIRAEUS 4/7 14/7 KOBE 3/7 10/7 JAKARTA 3/7 7/7 DUBAI 2/7 9/7
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      Page 47 Advertisements Column 1
      16 47 Find out how sellers reach out to buyers in Advertising and Marketing. Every Thursday in BT.
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      158 47 5 I DUE TO EXPANSION OF OUR TRANSPORTATION ACTIVITIES, WE HAVE RESTRUCTURED OUR ORGANISATION IN SINGAPORE TO SERVE YOU BETTER. WITH EFFECT FROM JULY IST 1992, OUR LCL CONSOLIDATION SERVICES WILL BE HANDLED UNDER THE NAME OF: VOTAINER (SINGAPORE) PTE LTD VOTAINER IS LINKED WORLDWIDE BY 42 OWN OFFICES AND
      158 words
  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      410 47 TIDES AMP WEATHER TODAY'S TPES (height in metres) homoonuni2nmnmnononn«7noinnn mm hn un un mn un mm im vmvmrmnmrmzm JR 11 17 11 1.4 19 03 14 0.4 0.6 U 17 12 2.4 24 12 14 U U) 14 LI 1.4 24 24 3.3 PP 3.0 26 2.0 1.4 04 0.4
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      Page 48 Advertisements Column 1
      314 48 I W&w LIAN HUAT SHIPPING CO (PTE) LTD. I 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines) Fax; *****94 Tlr. RS ***** AB LENHUAT Daily receiving cargo at Pasir Panjang Terminal PT4 Tel: *****97 NEW ROUTE TO MYANMAR (YANGON) FULLY CONTAINERISED SERVICE VESSEL ETA ETD DESTINATION
      314 words
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      Page 48 Advertisements Column 2
      362 48 i. COSCO I UKC CONVENTIONAL —I VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/06 Rotterdam/Antwerp CHMtA COWVPmONAL SCWVtCE VESSEL PKL PNG PG LOADING FOR: QtNG WONG 12/07 Guangzhou/Huangpu cosco RJU. easMß gflffl maai EXPORT TO CHMA/SAMQKOK/HONOKONO EUROrC/COWTMENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN OULf/KARACHI Please refer above mentioned
      362 words
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      Page 48 Advertisements Column 3
      325 48 in iin,■» n BEUING CHANGCHUN CHONGQING FUZHOU GUILtN HARBIN KUMMING NANNING QUANZHOU SHEKOU SHENYANG SHENZHEN > WUHAN XIAMENXIAN ZHENGZHOU t cf*% GURSOfLO /SHENZHIN SHIPPING I Tel: 227 ■4788 Fax: 227 2QS3 tf f; I Ml SKH DISTRIPARK PTE LTD 77 Robinson Rosd #15-02 SU Building, Slngspors 0106 I l Showora
      325 words
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      Page 48 Advertisements Column 4
      54 48 f SINGAPORE y SINGAPORE COLOMBO PCULCL FREIGHT COLLECT AND PREPAID ARE WELCOME We also accept cargo for other deifliuOon worldwide Co-Loaders An Wefconw wmtmt T* 542 7033 FK545 4127 tadm Tit *****30 Fk *****95 Hmm Tri: 447 2867 FK *****12 ffdy HUM; Tit *****3M***** Fk *****5 Mpab JOHflfc Tet *****572
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      Page 49 Advertisements Column 1
      978 49 I ▲HYUNDAI I MMIIg CO- JLTD. •m FtHO PACIFIC SOUTH-WEST SERVICE FWT PKE* PfiD* 8T TO USA WW MO LON OX PAL/NCU CW M iC 30/06 24/06 20/00 03/07 H. HOMER SOC 10/07 27/07 30/07 30/07 31/17 31/17 02/00 07/07 01/07 03/07 10/07 H. FRONTER ME 17/07 03/00 00/00 00/08
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      Page 49 Advertisements Column 2
      394 49 I STRAITS/ JAPAN/ STRAITS SERVICE I I SPECIALIST M RO-RO t HEAVY UFTS I I wsmmsels I I IWMM 1/7 4/1 tW I I srjr 1/7 I/? I I IfT" I VI j|/| I I m— I I IM—C rat SMMKI/IAC/TYO I I BERI NAGOYA VJB I I SIN SLO
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      Page 49 Advertisements Column 3
      719 49 W '7ii l iM MF 1 r > |PlwPlis®33B3sBpWW^*^ I EXPORT TO: > JEDDAHAJK/COKTT4ENT ■Bp, I ISTMI Is na VMM IMM 181 •Ma Ahmßm tap Nr. HROOEMSMVIS 1/7 11/7 a/7 n/7 a/7 MMmM hdMMM^MMWMi I UMRM EMS 07/SM V 7 22/7 H/7 27/7 21/7 RMMMi :M4 Mm MnMMan, «M, MM
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      Page 49 Advertisements Column 4
      113 49 IMTMB MM SNIPPIK ML LTD. 39 NQL ROM) SMGAPORE 02M I TIL: *****8S TLX: R*****5 SVMER I > FAX: *****64 I 5 bsMHiIRI Kxvn wn»* CM Ml HSWMOB ■MIM *1* IMIM 5 MUM BIT VtS *MI M M M*. MMM mean m n* LA k 4' nan» n« mm u
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      Page 50 Advertisements Column 1
      61 50 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times —-i The Becutwe Housekeeper -this hotel O I I wants >s me. Bob I'll never nejlec-fc I -the J Any Job. Any Career. Available Any Day. Any Time, anywhere. The Straits Times The Sunday Times Business Times The New Paper Lianhe Zaobao
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      Page 50 Advertisements Column 2
      141 50 PERSONAL FINANCE j INVESTMENT tveiy Saturday in Business Times NOTICES I VIGOUR PACIFIC LINES PTE LTD I VIGOUR SHIPPING AGENCIES PTE LTD I as general agents for Vigour Pacific Lines Pte Ltd I has appointed H LIBERTY SHIPPING PTE LTD I as local export sales agent with effect from 1
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