The Business Times, 2 July 1992

Microfilm: NL18220
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    16 1 BUSINESS TIMES MITA (P) 35/12/91 Thursday, July 2, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*
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  • NEWS SUMMARY
    • Article
      US construction spending up fifth month in a row
      104 1 US construction spending rose 0.2 per cent in May, the fifth monthly rise in a row and taking the level of construction spending to its highest level since November 1990, said the Commerce Department yesterday. Another indicator, the monthly Purchasing Managers
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    • Article
      US fleet movement angers Yugoslavia
      59 1 BELGRADE Washington's plans to offer air cover for relief convoys in Bosnia-Herze-govina brought an angry reaction from Yugoslavia yesterday. The US on Tuesday said it had moved six ships, including four carrying Marines and attack and transport helicopters, into the Adriatic Sea to back an
      59 words
    • Article
      Mobil gets OHQ status
      26 1 US-BASED Mobil has pipped British Petroleum to become the first oil refiner to get operational headquarters status (OHQ) in Singapore. Page 2
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    • Article
      Tender gets no bites
      24 1 POOR RESPONSE has prompted the owners of Jurong Crocodile Paradise to withdraw the theme park from the market Page 2
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    • Article
      Faltering drive
      28 1 TAIWAN is struggling to privatise its state enterprises worth billions of US dollars because of a weak stock market and opposition within the government Page 8
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    • Article
      EC reform deal
      18 1 THE European Community member states have finally reached agreement on farm reform programmes Page 9
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    • Article
      Exchange programme
      28 1 SINGAPORE'S Advertising Advisory Centre and Hongkong's The Wright Company will each set up an office at the other's premises on a joint venture basis Page 12
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    • Article
      Kontena profit up
      39 1 MALAYSIA'S largest container haulage operator, soon-to-be-listed Kontena Nasional Sdn Bhd, has announced a group pre-tax profit of M 574.67 million (5547.78 million) for last year, up 9.8 per cent from 1990. Shipping Times Page 1 j
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  • MARKETS SUMMARY
    • Article
      Dow higher
      35 1 WALL STREET stocks gained ground early yesterday amid speculation over the chances for further easing of monetary policy. The Dow Jones average rose 3.48 points to 3,322.00 in the first hour of trading.
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    • Article
      Footsie lower
      37 1 LONDON share prices fell back at midday yesterday as an early gain on the futures market faded away. At 1131 GMT, the Footsie index of 100 leading shares was down 18.6 points at 2,502.6 points.
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    • Article
      SIA to tap reserves
      30 1 SINGAPORE Airlines will again dip into its cash reserves to pay for aircraft purchases instead of making leasing arrangements with Japanese and US banks Page 4
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    • Article
      Nomura leads the way
      29 1 NOMURA Securities, the world's largest broking house, will emerge as the first international member on the Stock Exchange of Singapore to start trading. Page 4
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    • Article
      More reach the top
      37 1 FIVE MORE companies joined the 33 billion-ringgit club companies listed on the Kuala Lumpur Stock Exchange with market capitalisation of Msl billion (*****,000) and above as at June 30 this year Page 4
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    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 718.35 +4.32 Kuala Lumpur —596.47 +4.14 Tokyo 16,325.07 -1-373.34 Hongkong 6,134.75 +30.83 Sydney 1.647.7 +3 Tuesday Change New York 3,318.52 -1.34 London 1,942.3 -2.4
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    • Article
      CURRENCIES
      22 1 Exchange rates USS ss 1.6163 100 Yen SS 1.2876 MS SS 0.6450 Money market rates Overnight 1/8 1/8 3-month 2-11/16% -3/16
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    • Article
      COMMODITIES
      36 1 London Gold AM fix USS343.60 US$0.20 Rubber S'pore Aug 140.75*/kg +0.25 M'sia Aug 220.00*/kg unch KL r.n Turnover 8 tonnes -46 Spot MS 17.81/kg +0.48 Crude palm oil Turnover 1250lots +874 Sep MS860 /tonne +1
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  • Article, Illustration
    Lock icon S'pore banks buck trend with record $3b profit
    449 1  -  23pc pre-tax jump a contrast to bank results in other financial centres By Alvin Tay SINGAPORE Singapore's commercial banks bucked the international trend of declining profits last year when their combined pre-tax profits jumped 23 per cent to a record 53.19 billion.
    SouRCE: MAS  -  449 words
  • Article
    UMBC takeover talks at advanced stage, confirms Datuk Keramat
    561 1  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA'S Datuk Keramat Holdings Bhd yesterday said its major shareholder is in an "advanced stage' of talks in a complex deal which could see the company wrest control of the country's third largest bank. United
    561 words
  • Article
    CCL's 19.5 m share placement quashes talk of rights issue
    368 1  -  By Sylvia Wong SINGAPORE Motor distributor Cycle Carriage Ltd yesterday scuttled rumours that it could make a rights issue, when it placed out 19.5 million new shares to help finance its joint takeover of Malayan Credit Ltd. The new shares,
    368 words
  • Article
    Lock icon S'pore, Brunei plan Viet tie-ups
    142 1 Reuter BANDAR SERI BEGAWAN Singapore businessmen plan to team up with their Brunei counterparts to consider joint ventures in Vietnam and other Asian countries. Singapore Prime Minister Goh Chok Tong said at the end of his two-day visit to Brunei that Brand businessmen could join
    Reuter  -  142 words
  • Article, Illustration
    Lock icon Thai generals say they were just following orders
    480 1 Reuter BANGKOK In their first official comment on the killing of pro-democracy demonstrators in May, three of Thailand's top generals said yesterday they were simply acting according to a plan approved by disgraced former prime minister Suchinda Kraprayoon when they sent their
    Reuter  -  480 words
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      Page 1 Advertisements Column 2
      164 1 A, jN Thai army chief agrees to transfer to avoid trial, Pg 8 S'pore stock market growing too slowly, Pg 4 You don't have to break records to be a winner. Just be in the Seiko/Barcelona Olympics '92 Draw. Buy a Seiko quartz watch today and you'll get a «k
      164 words
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  • PAGE 2 NEWS
    • SINGAPORE ROUNDUP
      • Article
        Key services will remain pensionable
        135 2 THE GOVERNMENT has decided that its key services will remain pensionable services. It will not proceed with earlier plans to convert all civil servants on the pension scheme to the Central Provident Fund scheme. The Public Service Division from the Ministry of Finance met representatives
        135 words
      • Article
        Meeting for power cooperation
        69 2 SENIOR MANAGERS of Asean power utilities are in Singapore for the Ninth Meeting of the Heads of Asean Power Utilities/Authorities. The two-day meeting, opened yesterday by the Senior Minister of State for Trade and Industry Lim Boon Heng will discuss plans for greater cooperation between the
        69 words
      • Article
        SICC welcomes retirement law
        92 2 THE Singapore International Chamber of Commerce (SICC) said yesterday it supported the government's move to raise the retirement age to 60. However, it asked the government to work with the private sector to ensure that the move did not result in a loss of productivity and
        92 words
      • Article
        Guidelines for court cases
        112 2 THE Chief Justice, Yong Pung How, has issued guidelines on waiting times for pre-trial conferences, trials and hearings of cases and has asked solicitors to be prepared to meet these times. The guidelines aim to cut the backlog of cases. Those involving company winding-up petitions should
        112 words
      • Article
        Info on tenants' compensation
        78 2 THE Tenants' Compensation Board has summarised information from its Compensation Awards Register into two booklets. Called the Summary of Awards Recorded in Compensation Awards Register, the booklets give information on compensation granted by the board in 1990, 1991 and the first half of 1992 to tenants
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    • Article
      Mobil first oil refiner to get S'pore OHQ status
      347 2  -  BP still waiting for EDB's approval By Lilian Ang SINGAPORE US-based Mobil, which has been steadily stepping up its investments in the region, has pipped British Petroleum (BP) to become the first oil refiner to get operational headquarters (OHQ) status in
      347 words
    • Article, Illustration
      Tender for sale of Jurong Crocodile Paradise fails to bite
      312 2  -  By Sangeeta Mulchand SINGAPORE The owners of Jurong Crocodile Paradise have withdrawn the theme park from the market after a tender exercise to sell it drew only three dismal bids. None of the bids from the tender exercise in March
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    • Article
      Lock icon US risks financial disaster if bank reforms are dropped: report
      549 2 Reuter WASHINGTON The US government is risking another financial disaster, this time in the banking industry, if it casts aside bank reforms enacted last year, the General Accounting Office (GAO) said in a report on Tuesday. Challenging the Bush Administration
      Reuter  -  549 words
    • Article
      Malaysian economy showing signs of taking a breather
      655 3  -  Taking stock of the regional economies: Malaysia By Kenneth James and Leslie Lopez FOR OVER a year economists have warned that Malaysia's robust economy was headed for a rude thud unless efforts were taken to temper high growth rates. But those worries
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    • Article
      Stock-Mart and Factory Outlet chains going HDB
      415 3  -  By Hong Lee Tiam SINGAPORE Wing Tai Apparel and Metro are expanding their Stock-Mart and Factory Outlet chains out of the downtown area by franchising their operations to housing estate retailers. According to spokesmen for Wing Tai and Metro, franchising their chains into
      415 words
    • Article
      M'sia still welcomes S'porean investors: Mida director
      287 3  -  By Helen Chang SINGAPORE Malaysia still welcomed Singaporean investors, despite any differences between the two countries, a director of the Malaysian Development Authority (Mida) said yesterday. "Singapore businessmen should not be worried," said Mansor Abdullah, who is based in Singapore. His comments came
      287 words
    • Article
      Insurance ombudsman panel's powers expanded
      291 3  -  Itaports by Quak Hiang Whai SINGAPORE General Insurance Association of Singapore said yesterday that the powers of the Insurance Ombudsman Committee have been expanded to deal with complaints, disputes and claims from personal and commercial policies issued to sole proprietorships. In a statement yesterday, GIA
      291 words
    • Article
      MAS received 80 complaints against insurers last year
      315 3 SINGAPORE Despite the growth of the insurance industry, the Monetary Authority of Singapore received only 80 public complaints against insurers and intermediaries last year, against 78 in 1990. According to the latest Insurance Commissioner's report, 58 of these complaints related to general
      315 words
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      Page 2 Advertisements Column 1
      192 2 This announcement appears as a matter of record only MALAYSIAN AIRLINE SYSTEM BERHAD U*****,000,000 3 YEAR TERM LOAN FACILITY Arrangers INDOSUEZ ASIA (SINGAPORE) LIMITED OVERSEA-CHINESE BANKING CORPORATION LIMITED WARDLEY LIMITED Lead Managers THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED OVERSEA-CHINESE BANKING CORPORATION LIMITED Senior Managers Deutsche Bank (Asia Pacific) Limited
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      Page 2 Advertisements Column 2
      147 2 USli&ilul <§) Presents A Most Important Conference: "NEW STRATEGIES FOR ENERGISING YOUR HUMAN RESOURCES" Leading MNC's will present their successful strategies and experience in Asia on such issues as: Empowering Your Workteams Tapping The Ageing Talents "Greening" As A Successful Management Tool Helping Employees 'Think Quality* Defining Self-Managing Workteams Evaluating
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      Page 3 Advertisements Column 1
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      448 words
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      Page 3 Advertisements Column 2
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  • COMPANY NEWS 1
    • Article
      SIA to dip into cash hoard for aircraft purchases
      408 4  -  Move said to be prompted by unattractive financing packages By Dexter Lee SINGAPORE For the second consecutive year, Singapore Airlines will draw on its cash hoard to pay for aircraft purchases instead of making leasing arrangements with Japanese and US banks.
      408 words
    • Article
      SSL shareholders approve firm's restructuring
      190 4 SINGAPORE The Keppel Group's plans to put all its engineering companies under one roof has moved ahead with shareholders of subsidiary Straits Steamship Land Ltd approving the sale of SSL's stakes in three engineering companies to Keppel Integrated Engineering Ltd. SSL announced yesterday that at
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    • Article
      CSA arm to market computer peripherals
      309 4 SINGAPORE The distribution arm formed recently by computer group CSA Holdings is making a foray into marketing peripherals and notebook computers. CSA Distribution yesterday signed marketing deals with Kodak of Japan, and 3Com, Texas Instruments and Microsoft of the US, to handle an array
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    • COMPANY BRIEFS
      • Article
        General Magnetics' Thai unit buys equipment
        54 4 SINGAPORE General Magnetics Ltd said its Thai subsidiary, General Magnetics Company Ltd, had purchased magnetic tape production equipment worth 413 million yen (555.20 million). The vendor is Taiyo Yuden Co Ltd of Japan. The equipment was originally purchased three years ago by Taiyo Yuden
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      • Article
        Fels appointment takes effect
        77 4 SINGAPORE Loh Wing Siew yesterday officially took over from Sim Kee Boon as chairman of rigbuilder Far East Levingston Shipbuilding, a member of home-grown conglomerate Keppel Corp. The move is aimed at ensuring more effective coordination of the group's marine and engineering division. Mr Loh, already
        77 words
      • Article
        Tuan Sing buys marketing firm
        64 4 SINGAPORE Tuan Sing Holdings Ltd has acquired 95 per cent of Tim Swan Marketing Pte Ltd (TSM) for $95,000. The 95 per cent shareholding in TSM comprises 95,000 shares of $1 each. TSM, a dormant company, allotted the shares to Tuan Sing on July 1,
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      • Article
        Vellu tells Cabinet he's innocent
        66 4 KUALA LUMPUR Samy Vellu, president of the Malaysian Indian Congress (MIC) and Minister of Energy, Telecommunications and Posts, said he had told a Cabinet meeting yesterday that he had no involvement in an alleged share scandal involving millions of dollars. He added that he had
        66 words
    • Article
      Nomura set to kick off trading by SES int'l members
      393 4  -  By Quak Hiang Whai SINGAPORE Nomura Securities Co Ltd, the world's largest broking house, is likely to become the first international member on the Stock Exchange of Singapore (SES) to start trading when its new Singapore subsidiary takes off this
      393 words
    • Article
      Lock icon 38 companies make it to the Malaysian billion-ringgit club
      727 4 MBT KUALA LUMPUR Thir-ty-eight companies qualified for the elite billion-ringgit club companies listed on the Kuala Lumpur Stock Exchange (KLSE) with market capitalisation of Msl billion (***** million) and above as at June 30, 1992. This compares with 33 as at
      MBT  -  727 words
    • Article
      Market growing too slowly, investors may lose interest
      591 4  -  THE HOCK LOCK SIEW COLUMN By Magdalene Ng SINGAPORE Singapore's stockbrokers have reason to worry. The size of the local share market is growing too slowly and, unless the pace picks up, they fear that cashrich fund managers and institutional investors are
      591 words
    • Article
      Lock icon BHP on A$1.5b shopping spree
      518 5 Minerals division looking for low-cost, large-scale project anywhere in the world AFP SYDNEY The minerals division of Australia's biggest company BHP is on an international shopping spree with at least A$l.S billion (SSI.B billion) to spend on a new project, the company said yesterday. As
      AFP  -  518 words
    • Article
      Lock icon Lippo to raise HK$428m to finance EIE deal
      212 5 Reuter HONGKONG Lippo Ltd said it will issue 160 million new shares at HK52.676 each to Lippo Capital Ltd to raise HK$42B million (5589.4 million) to finance part of the acquisition of a controlling stake in EIE Development (International) Co Ltd. Lippo
      Reuter  -  212 words
    • Article
      Lock icon Great Eagle set to benefit from rebound in HK office market
      248 5 Reuter HONGKONG A recent pick-up in the office market is expected to strengthen Great Eagle Holdings Ltd's earnings prospects, analysts said. The property group announced a 90 per cent surge in interim net profits to HKSI73 million (5526.3 million)
      Reuter  -  248 words
    • COMPANY BRIEFS
      • Article
        Air NZ completes US$60m notes placement
        64 5 WELLINGTON Air New Zealand Ltd has completed a private placement of US$6O million (5597.2 million) in senior notes, the New Zealand Stock Exchange said yesterday. The placement was through wholly-owned unit New Zealand International Airlines Ltd. The notes were issued for a nominal seven-year
        64 words
      • Article
        Amcor sells diary business
        63 5 SYDNEY Packaging and paper group Amcor Ltd has sold its 82 per cent stake in the Singapore-based Debden/Nippcraft group, which makes and distributes planners and diaries, for A 514.5 million (5517.4 million), about Ass million above book value. Amcor said yesterday that it sold its stake
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      • Article
        Forestry Corp raises NZ$350m
        75 5 WELLINGTON The state-owned Forestry Corporation of New Zealand has raised NZ$35O million (Ss3oB million) in a five-year term multi-currency club facility. The corporation said yesterday that the facility would enable it to repay all its debt to the government, its 100 per cent shareholder. Forestry Corp
        75 words
      • Article
        Allied boosts China investments
        105 5 HONGKONG The Allied Group is planning to invest between US$3O million (5548.6 million) and US$4O million in China over the next six months, the South China Morning Post has reported. Quoting chairman Lee Ming Tee, it said that one of the projects was a joint venture
        105 words
    • Article
      Lock icon Thai Airways denies alleged irregularities
      326 5 Reuter BANGKOK Thai Airways International Ltd has denied allegations of irregularities and poor management under its embattled chairman Kaset Rojananil, who is also Thailand's supreme military commander and air force chief. Airline president Weera Kitchathom on Tuesday said charges against the carrier in the past
      Reuter  -  326 words
    • COMPANY BRIEFS
      • Article
        US mergers down 17pc in first half
        107 6 NEW YORK US merger and acquisition volume fell 17 per cent in the first half of this year from the same period last year, but bankers are seeing signs of a revival, according to final data from Securities Data Co on Tuesday. In
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      • Article
        Tokyo firms' group profits fall
        88 6 TOKYO Group net profits of Japanese companies, excluding those of banks, brokerages and insurance companies, fell an average of 28.4 per cent in the year ended March 31, 1992, compared with the previous year, a local newspaper survey said yesterday. The survey of 832 firms
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      • Article
        Weak dollar cuts into UK earnings
        64 6 LONDON Britain's dollar-earning companies are set for a round of brokers' profit forecast cuts with the currency, which has fallen 12 per cent against sterling since February and traded around 12-month lows, equity strategists said on Tuesday. Overlaying specific worries over dollar weakness is
        64 words
      • Article
        Fujitsu to increase unit's capital
        83 6 TOKYO Fujitsu Ltd plans to increase the capital of its US subsidiary, Fujitsu Networks Industry Inc (FNI) in Connecticut, to US$l5 million this year from US$B million at present, a Fujitsu spokeswoman said on Tuesday. The extra funds will be used to develop software for
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      • Article
        Sale of UPI sealed
        51 6 WASHINGTON United Press International and Middle East Broadcasting Centre Ltd on Tuesday signed an agreement for the purchase of the 85-year-old American news agency by the Arabic television network, UPI said. "It's a done deal in every respect," said Steve Geimann, executive vice-president and editor of
        51 words
    • Article, Illustration
      Lock icon BP aims to be cash positive by 1993
      306 6 Plans to speed up cost-cutting, debt-reduction programme FT Reuter LONDON British Petroleum said on Tuesday it would accelerate the cost-cut-ting and debt-reduction programme it had in place before last week's surprise resignation of Robert Horton, chairman and chief executive, and hoped to
      FT; Reuter  -  306 words
    • Article
      Lock icon Lonrho's pre-tax profits fall 65pc
      348 6 Trading conglomerate cuts its interim dividend FT LONDON Lonrho, the international trading conglomerate, on Tuesday reported a 65 per cent fall in pre-tax profits for the half year to the end of March and cut its interim dividend from 5p to 2p per share. A
      FT  -  348 words
    • Article
      Lock icon Time Warner, Toshiba and C Itoh finalise deal
      211 6 AP NEW YORK Time Warner Inc, Toshiba Corp and C Itoh and Co Ltd said on Tuesday that they have completed the deal under which the two Japanese companies will invest US$l billion (SSI.6 billion) in a Time Warner subsidiary. Toshiba, an
      AP  -  211 words
    • Article
      Lock icon Sanwa Bank top lender to O&Y's buildings in US
      478 6 Reuter TORONTO Sanwa Bank is the top lender to the United States buildings of property developer Olympia York Developments Ltd, according to Ontario court documents. O&Y presented its worldwide lenders with papers detailing its cash flow and debts on a property-by-property
      Reuter  -  478 words
    • Article
      Lock icon Alcoa to lay off 2,100 in bid to stay competitive
      349 6 Reuter PITTSBURGH Aluminum Company of America is to lay off 2,100 bhie- and white-collar employees, mostly in the US, in a bid to shore up its competitive position. Representing 3 per cent of Alcoa's worldwide payroll, the cuts are slated
      Reuter  -  349 words
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      574 4 Nikkei rebounds 22 Singapore firmer 16 NMB POSTBANK GROUP M> Internationale Nederlanden Bank N.V. Registered Office: De Amsterdamse Poort 1102 MG Amsterdam Zuidoost, The Netherlands BALANCE SHEET AS AT 31 DECEMBER 1991 PROFIT AND LOSS ACCOUNT FOR 1991 AFTER APPROPRIATION OP PROFIT Coneoßdated r/vMoHriitAd 1191 1990 of guilders) 1991 1990
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      146 5 --7 jA A floor design that; I S3ES T» L %Jf» «d j environment i 1 designed around people. Most buildings in Singapore tend to be designed around money.Fortunately this will soon change Due for completion in December 1992. Savu Towers has been specially designed .round people. Consider a Two
      146 words
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      Page 6 Advertisements Column 1
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      Page 6 Advertisements Column 2
      86 6 7 r- 7 t -r Ju pjtfn"ir(i c Tl v f r K.*jC\ J; f' 'V' vv^Vjr OMTHEOPENIM3 4 TRADING t r" Wednesday Ist July, 1992,', ChinTung Investment Pte. Limited becomes j Standard Chartered Securities Singapore limited, 4 signifying Standard Charterers commitn*nt*o the kf securities industry throughout the Asia-Pacific region.
      86 words
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  • FINANCIAL NEWS
    • Article, Illustration
      Sogo unit to raise $90m for Pardon renovation
      370 7  -  By Kooi Cho Tong SINGAPORE A subsidiary of Japanese retail giant Sogo wants to raise $90 million to finance renovation costs for its flagship Paragon shopping complex along Orchard Road. Tararone Investments, the Sogo subsidiary which owns Paragon, will use about $60
      370 words
    • Article
      Lock icon Japan non-life insurers post 85b yen losses
      273 7 Reuter TOKYO Japanese nonlife insurance firms posted a total of 85.1 billion yen (SSl.l billion) in operating losses in the year ended March 31, 1992, due mainly to higher damage payments for a series of typhoons that hit Japan last year, an official
      Reuter  -  273 words
    • Article
      Lock icon Lloyd's faces new test with 2 crucial reports
      541 7 Reuter LONDON The Lloyd's of London insurance market, hit by losses of £2 billion (556.16 billion) in its latest year and a tide of litigation, faces a new test this week with the publication of two crucial reports on its business methods.
      Reuter  -  541 words
    • Article
      Hearing on BCCI settlement plan extended
      103 7 LUXEMBOURG Lawyers for creditors of the Bank of Credit and Commerce International SA on Tuesday urged Luxembourg and British authorities to probe the bank's failure before approving settlements releasing the bank from its obligations to creditors. Luxembourg district court judges were unable on Tuesday
      103 words
    • Article
      Thais to set up hank in China
      72 7 HONGKONG The Thai Military Bank Ltd and Thailand's M Thai Group Co Ltd are to jointly set up a bank in Shantou, one of China's five special economic zones. TM International Bank Ltd will establish its head office in the south China zone
      72 words
    • Article
      Investment fund to take off soon
      70 7 PORT OF SPAIN, Trinidad Inter-American Development Bank president Enrique Igjfesias said a new US$l.25 billion (SS2 billion) multilateral investment fund for the region would begin operating later this year. The US last week agreed to make an initial placement of US$75 million, leading eventually
      70 words
    • Article
      Stanchart's US$800m standby
      67 7 NEW DELHI Standard Chartered Bank has brought in about US$BOO million to cover possible losses in the Bombay financial scandal. Reserve Bank of India governor S Venkitaram anan told Eyewitness, a video news programme: The Standard Chartered Bank which has been responsible for part of the system's
      67 words
    • Article
      Lock icon Building society becomes Australia's 7th largest bank
      161 7 AFP SYDNEY Building society St George yesterday became Australia's seventh largest bank, ahead of its Australian Stock Exchange (ASX) listing today. St George, Australia's largest building society, officially converted into a bank with assets of A 59.3 billion (Ssl 1.2 billion) after gaining
      AFP  -  161 words
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  • THE REGION
    • Article
      10 PNG ministers lose seats in election
      99 8 PORT MORESBY Despite victory claims by Papua New Guinea Prime Minister Rabbie Namaliu, 10 of the ministers in his coalition government had lost their seats as counting continued on Wednesday after the election. Deputy Prime Minister Akoka Doi and Trade Minister John Giheno
      99 words
    • Article
      Aussie inflation expected at 1pc
      105 8 SYDNEY Australia's inflation rate will be a mere one per cent at the end of this year, after two quarters of no inflation and a one per cent rise in consumer prices in last quarter 1992, the economics team at Australia's largest bank, Westpac, said.
      105 words
    • Article
      Upgrading Thai electricity
      68 8 TOKYO Japan's Electric Power Development Co Ltd has begun a study of ways to upgrade Thailand's electric power transmission system, a company spokesman said. He said the study, which is being funded by the Japan International Cooperation Agency, will be completed by the end of August 1993.
      68 words
    • Article
      Spratlys: no settlement in sight
      87 8 JOGJAKARTA, Indonesia Prospects for resolving the multilateral dispute over the Spratly islands in the South China Sea are bleak, delegates to an international conference on the contested archipelago said yesterday. There was no evidence of the six countries relaxing their claims to the cluster of
      87 words
    • Article
      Woes of US firms in Indonesia
      72 8 JAKARTA Corruption is the greatest worry for American companies that are new to Indonesia or just considering establishing business links here, US Ambassador John Monjo said on Tuesday. Other factors that have limited American investment in Indonesia included red tape and the problems of
      72 words
    • Article
      Lock icon Thailand scraps NEC fibre-optic cable project
      174 8 AFP BANGKOK A US$l6O million (***** million) fibreoptic cable project awarded to NEC of Japan has been scrapped after the sacking of the head of the state-run Communications Authority of Thailand (CAT). According to well-placed sources, the decision to award the project to NEC
      AFP  -  174 words
    • Article
      Lock icon Taiwan struggles to push ahead with privatisation
      387 8 Reuter TAIPEI Taiwan's ambitious plans to privatise state enterprises worth billions of US dollars are floundering because of a weak stock market and opposition within the government. A total of 22 companies, including industrial giants and some of the island's biggest banks, are
      Reuter  -  387 words
    • Article, Illustration
      Lock icon China warns Patten against rocking the boat
      365 8 HK Governor stands firm over Exco appointments Reuter HONGKONG China gave Hongkong's new governor Chris Patten a clear warning on Tuesday not to rock the boat, amid signs that Britain will take a tougher stand against Beijing in the final years of colonial
      Reuter  -  365 words
    • Article
      Lock icon Thai army chief agrees to transfer in move to avoid trial
      449 8 AFP BANGKOK Thailand's strongest military chief has indicated his readiness to transfer to a less influential position in an apparent move to blunt calls for his trial following the bloody May crackdown on pro-democracy demonstrators. Army head Issarapong Noonpackdi
      AFP  -  449 words
    • Article
      Lock icon HK business is buoyant 5 years from handover date: survey
      413 8 Knight-Ridder HONGKONG Despite the uncertainties of returning to Chinese rule and the arrival of a new governor next week, Hongkong's business confidence remains robust. A Knight-Ridder Financial News survey, which canvasses a cross section of managers in Hongkong's four key
      Knight-Ridder  -  413 words
    • Article
      Lock icon Japanese moving out of HK property market
      186 8 AFP HONGKONG Japanese property investors are moving out of Hongkong's booming market with more than HKS4 billion (SSB36 million) of commercial offices going on sale in the past 10 months, a property report has said. Japanese property investors' massive retreat from the territory,
      AFP  -  186 words
    • Article
      Lock icon New Zealand aims to protect economy with no frills budget
      425 8 Reuter WELLINGTON New Zealand's Conservative government is set to announce a "no frills" budget today aimed at protecting a fragile economic recovery and with an eye on general elections due next year. Unlike the dramatic 1991 statement dubbed "the mother
      Reuter  -  425 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      151 8 No holiday in HK, Pg 11 New York, New York At The Compass Rose Restaurant From July 1 to 12, you can enjoy and you could be one of the two diners the height of New York cuisine for dinner to win a trip for two on SLA to New
      151 words
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  • THE WORLD
    • Article, Illustration
      Lock icon EC adopts farm reforms in late-night meeting
      485 9 Move expected to energise world trade talks AP AFP LUXEMBOURG European Community (EC) nations reached agreement early yesterday on an overhaul of their bloated farm programmes, cutting huge subsidies to farmers in a move they hope will reinvigorate world trade talks. "It's done,
      AP; AFP  -  485 words
    • Article
      Lock icon India's software exports increase rapidly
      266 9 Bernama NEW DELHI India's software exports have been increasing rapidly in recent years and the momentum will be kept if the question of human resources development in the industry is tackled properly. India's software and services exports in 1991-92 fiscal year ending March 31 this
      Bernama  -  266 words
    • Article
      Lock icon Japanese steelmakers angry over anti-dumping petitions
      375 9 Reuter UPI TOKYO US steelmakers filed anti-dumping petitions on Tuesday against steel imports from Japan and 20 other countries, prompting strong reaction from Japanese steel producers. The Japanese government and industry brushed aside the petitions calling them "unwarranted", after 12 leading US steel companies
      Reuter; UPI  -  375 words
    • Article
      Lock icon Analysts urge US steel firms not to blame others for woes
      261 9 Reuter PITTSBURGH Big American steel companies filing trade cases against 21 countries would be better off tending their own plants than blaming others for their woes, say industry analysts. "The trade issues are more of a side show," said
      Reuter  -  261 words
    • Article
      Lock icon Second stage of Russian reform set to raise prices even higher
      465 9 NYT MOSCOW The first of July had been billed as the dawn of an ambitious second stage of Russia's economic reform, including, most importantly, a single floating exchange rate for the battered rouble. The changes are important for the
      NYT  -  465 words
    • WORLD WATCH
      • Article
        Export zone for northern China province
        83 9 HONGKONG China plans to build an international trade centre and export-processing zone in the northern province of Heilongjiang, a Beijing-funded newspaper reported on Tuesday. The Ta Kung Pao said China's Ministry of Foreign Economic Relations and Trade already has snapped up two pieces of
        83 words
      • Article
        Beijing opens 2 areas to oil explorers
        95 9 BEIJING China has opened two areas in the East China Sea to foreign oil exploration, the official Xinhua News Agency reported on Tuesday. China s limited prospecting in the East China Sea has produced encouraging results, the report said, quoting experts as saying
        95 words
      • Article
        Tokyo to give to technology body
        99 9 SEOUL The Japanese government has agreed to contribute 600 million yen (557.7 million) a year to a science and technology foundation set up with South Korea, a Seoul government official said yesterday, at the end of two days of bilateral trade talks. Tokyo will
        99 words
      • Article
        No more ideological bonds
        78 9 SEOUL Russian President Boris Yeltsin, declaring an end to "ideological bonds" between his country and North Korea, told South Korea's visiting foreign minister in Moscow that Russian support for Pyongyang has been suspended, press reports here said yesterday. "We no longer provide the North with financial,
        78 words
      • Article
        US House bans tobacco funding
        84 9 WASHINGTON The House of Representatives voted on Tuesday to bar the use of federal money to promote US tobacco overseas, after lawmakers said taxpayer dollars are being used to "peddle the ultimate carcinogen". The Agriculture Department is spending US$3.5 million (555.6 million) this year to
        84 words
      • Article
        India-China border trade to resume
        48 9 NEW DELHI India said it will resume its border trade with China next month after a 30-year break. An Indian Commerce Ministry spokesman said overland trade with China will resume on July 15 through Pithoragarh border district following a high-level agreement last year.
        48 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      119 9 *SH|®K SIK^ PORT DOUGLAS, BOUTIQUE HOTEL PAR NORTH QUEENSLAND "CLUB TROPICAL RESORT'' 52 suites comprising studio, one bedroom and two bedrooms. Luxury boutique hotel in Queensland's most exciting tourist destination. Vocant possession availoble or long term management. One hour drive from Cairns International Domestic Airport. To be offered for sale
      119 words
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      Page 9 Advertisements Column 2
      5 9 Now Available r«t»Kiiw l te»iliw
      5 words
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      Page 9 Advertisements Column 3
      279 9 Confusion surrounds move, PR 25 If you don't read The Asian Wall Street Journal, your replacement will. To ensure your career thrives, analyzing their effects and impact on you need a constant competitive Asia. Giving you fresh facts that can edge. And that's The Asian Wall make the difference between
      279 words
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  • Article
    Heroism is alive
    498 10 EDITORIAL IN A world jaded by cynicism, it is easy to see French President Francois Mitterrand's six-hour visit to Sarajevo as just that: a cynical exercise to bolster his dwindling popularity among French voters. Or as a come-uppance for Germans who rushed in to recognise Croatia, which
    498 words
  • WHAT THE OTHERS SAY
    • Article
      While the world watches
      250 10 THERE ARE REPORTS that up to 40,000 of Bosnia's small 4.3 million population have been massacred in the three months since the Serbs started their murderous campaign of "cleansing" Muslim-dominant Bosnia. Only force of arms sanctioned by the UN, it is reasoned, could repel the Serbs
      250 words
    • Article
      Ramos must now deliver
      126 10 FILIPINOS have just had a relatively calm election that led to the rise of President Fidel Ramos, a soldier-turned-politician. He inherits from his predecessor, Mrs Corazon Aquino, a country beset by economic woes and growing disenchantment among the people. With his Protestant background in a country
      126 words
    • Article
      Suspend bullies' licences
      143 10 IF PROBLEMS are not alleviated or eradicated by law enforcement, it means there is a need to review the related laws. For instance, the recent crimes of so-called road bullies have been an issue of public concern. The police have brought the road bullies to court on
      143 words
  • REGIONAL VIEWPOINTS
    • Article
      Thrash it out at the table
      227 10 FRENCH Deputy Foreign Minister Georges Kiejman said UN troops may have to be authorised to fire at the Khmer Rouge if it continues to block full implementation of the Paris peace agreement. But in all UN military operations the stress has been on peace-keeping,
      227 words
    • Article
      Slay the diabolical genie
      200 10 THESE Bosnian Serbs are intent on pursuing their political goal of imposing a Beirut-style "green line" across Sarajevo. In fact, they lay claim to almost 20 per cent of the republic while making up only 31 per cent of the population. Can they be easily persuaded
      200 words
    • Article
      Protect the pilgrims
      87 10 THE GOVERNMENT should plan the safe transportation of pilgrims better. This is particularly true of the return journey as the pilgrims are emotionally and physically exhausted from the performance of prescribed rituals. The authorities should also pay particular attention to reports of travel agencies exploiting the pilgrims
      87 words
  • Article, Illustration
    Lock icon Leaving aside the irksome specifics
    944 10  -  rr David E Sawgw says Kiichi Miyazawa's visit to Washington will focus on general issues like shared values and mutual dependence David E Sanger NYT IN THE six months since President George Bush's ill-fated trade mission to Japan, Washington and Tokyo have made little progress
    NYT  -  944 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      198 10 PERSONAL INVESTING fc FINANCE SPPP T -nmrENT '98 A Special Business Times Survey July 23,1998 Tfonir deposit rates have plunged to one of their lowest levels. Banks and finance companies In Singapore are paying peanuts for such deposits; In some cases they are not even enough to cover the rising
      198 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      31 10 DOONESBURY BY GARRY TRUDEAU USATODM: A IDAHO.*GEORGiA. NBJHAHHS DtSPATCHBS SiMHAKTBS: •BOrJHMCH VmOFMNPN 'UJNOfS. 47OTHER STATES. KVUL A COMMON TOUCH I HAP A VBW3OM HAKWSTS HCMVBYBUS MHOf:'USA I j 7l f^ F
      31 words
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  • ANALYSIS
    • Article
      Lock icon G7 summit: pointless junket or world policy making?
      893 11  -  Stephen Jukes discusses the value of the much-heralded meetings and the G7's role in the post-communist world Stephen Jukes Reuter A YEAR AGO, Mikhail Gorbachev was on the brink of admission into the world's most exclusive club: the Group of Seven (G7)
      Reuter  -  893 words
    • Article, Illustration
      Lock icon Judicially guarding a conservative legacy
      1268 11  -  Neil A Lewis finds George Bush faithfully following Ronald Reagan's example in entrenching a conservative federal judiciary in the US Neil A Lewis NYT IF President George Bush fails to win re-election this November, his successor will no doubt move swiftly to undo many of
      NYT  -  1,268 words
    • Article, Illustration
      Lock icon No holiday in Hongkong
      666 11  -  Laurence Zuckerman looks at what Chris Patten will face when he becomes the colony's governor next week Laurence Zuckerman IHT BRITISH tabloids have had fun itemising the yacht, two estates, U*****,000 (*****.000) tax-free salary and assorted other perks that await Christopher Patten when he takes up
      IHT  -  666 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      267 11 Bicom 8240 i the world's smallest and lightest noteboook computer that does something no ordinary notebook can do. Everything. Bicom 8240 i is a palmtop size computer working outside the office, the Bicom 8240 i with built-in 40 Mb Hard Disk capable of running impressive features include 2Mb Ram PCMCIA
      267 words
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  • ADVERTISING & MARKETING
    • Article
      AAC, TWC in joint venture
      560 12  -  Sangeeta Mulchand reports on synergy in the regional advertising community Sangeeta Mulchand SINGAPORE'S Advertising Advisory Centre (AAC) and Hongkong's The Wright Company (TWC) will each set up an office at the other's premises to better penetrate both markets. The two companies will set up the
      560 words
    • Article, Illustration
      Myrna Thomas moves to Hill and Knowlton
      469 12 The new group director for public affairs and broadcast services at Hifl and Knowlton has plans to change the way the public deals with the media. Schutz Lee finds out what these entail. WORD has it that newscaster Myrna Thomas has been making
      469 words
    • Article
      Lock icon A full-blown controversy
      462 12 A series of advertisements in the US suggesting the use of condoms to prevent the spread of Aids has come under criticism. NYT A NUMBER of proposed US govern-ment-sponsored advertisements that suggested using condoms to prevent the spread of Aids have been dropped, and a dispute has
      NYT  -  462 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      183 12 P§ WHS •rnmm &-t i riU,, 4- -> y Ik. ->- «T#yMßg^^Mß »'-*&M|^|^|MH|H^^^^HyM|flbgMHaHH^^^^^B IF YOU'VE EXPERIENCED THE EXHILARATION OF BEING AHEAD OF EVERYBODY, YOU'LL APPRECIATE SILKAIR BUSINESS CLASS. FROM NOW ON, WITH ONLY 12 SEATS IN OUR FINEST CLASS, YOU'LL ENJOY THE LUXURY OF EXTRA SPACE. COMFORT AND PRIVACY. NOW
      183 words
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      Page 12 Advertisements Column 2
      80 12 COPY LINES If you lo 9k aft e r their fi%t te e th th e /r s e c o°cf t e e th c°iAd IoPAr CANNES Young and Rubicam picked up one of two gold Lions given to Australian agencies at the inaugural International Press and Poster Advertising
      80 words
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  • SPORTS
    • Article, Illustration
      Lock icon A day of minor irritations for winners
      663 13 Wimbledon Reuter AFP UPI WIMBLEDON Even for the four match-winners, it proved an often difficult, irritating day. World number one Monica Seles was warned for grunting too loudly during her 6-1 6-3 win over France's Nathalie Tauziat, while defending champion Steffi Graf, a
      Reuter; AFP; UPI  -  663 words
    • Article, Illustration
      Lock icon Women's seeds make smooth progress
      465 13 NYT WIMBLEDON Until a resolute Jennifer Capriati stepped on to centre court, curtseyed to the royalty, and refused to leave until darkness descended on her come-from-behind tangle with Gabriela Sabatini with the Argentine about to serve for the match, everything about the women's quarter-finals at
      NYT  -  465 words
    • Article
      Lock icon Henley Regatta attracts record number of entries
      293 13 AP HENLEY, England Syracuse University rowing coach Bill Sanford would not miss the Henley Regatta for the world. Every three years since 1977 he has brought a squad from the New York State University across the Atlantic for the world's oldest and best-known
      AP  -  293 words
    • Article, Illustration
      Lock icon Japan's judoka gunning for gold in Barcelona
      588 13 AP TOKYO They're back, and they're mad. Japan's judo team, after a humiliating one-gold-medal performance at the 1988 Summer Olympics, is gunning for a face-saving comeback at this year's Barcelona Games. "The Seoul Olympics were a disaster, the worst that could happen to
      AP  -  588 words
    • SIDE LINES
      • Article
        Morceli just manages to squeeze through
        122 13 HELSINKI World 1,500-metre champion Noureddine Morceli came within the thickness of a vest of defeat at the distance in the World Games meeting on Tuesday. The Algerian, who went through the whole of last season unbeaten, tired in the home straight and struggled to
        122 words
      • Article
        Lewis has sinus infection
        112 13 HOUSTON Carl Lewis said on TuescUy that he has a sinus infection which may have affected his performance in the US Olympic Trials in New Orleans. "I knew something was wrong all week, so I went to the doctor," said Lewis. "Basically what I found is
        112 words
      • Article
        Sprinters are in
        61 13 FRANKFURT The German Olympic Committee announced on Tuesday that sprinters Katrin Krabbe, Grit Breuer and Silke Moller had been selected for the Barcelona Games. The decision to include the three sprinters in the German team follows Sunday's decision by the International Amateur Athletic Federation (lAAF) to lift
        61 words
      • Article
        Danes to keep prize money
        143 13 COPENHAGEN The Danish Soccer Union (DBU) said on Tuesday that it would not be donating a part of its prize money to war-torn Yugoslavia despite pleas from Danish politicians. Denmark caused one of the most famous upsets in international soccer history last Friday when it
        143 words
      • Article
        Faster recoveries
        135 13 NEW YORK With summer sports in full swing, weekend athletes who rip up shoulders and other joints will at least have the comfort of access to a new generation of surgical aids that can speed their recovery. Until recently, orthopedic surgeons used screws and washers to pin torn
        135 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      261 13 IDEAS RT JSTNFSS Find out in The Debate 33rd lAA World Advertising Congress, Barcelona, September 27-30,1992. As an advertising practitioner, you would want two previous days. It is the principal concern of knowledge that enables you to understand the the advertising agencies, advertisers and media value of advertising in the
      261 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      1104 14 Nothing Beats A Bud. where to wine, dine I JOIN THE PUSHERS V AND HAVE A (All Only at Subway can you play old English pub games like Push Penny, Table Skittles, Backgammon and Electronic Darts. What's more, our Happy Hour beer prices at $3 +4- a glass and $12
      1,104 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      523 14 TELEVISION AND RADIO The season of change 5g53P J .»skKs^ J m rS (O World Business Report I Pal F 8.50 ITI TMT CMM. ;r'" El <* r f Radio 1, 90.5 mHz in VHF Band N n.ni.M. rk.n»t HP Kl «p The Perfect Partner- IV4 8.10 am: Financial News
      523 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Changes in store at New Yorker
      1032 15  -  US advertising and publishing executives were taken by surprise on Tuesday. Deirdre Carmody looks at tneir response to the appointment of Vanity Fail's Tina Brown as The New Yorker editor Deirdre Carmody NYT IN AN announcement that stunned the publishing industry on Tuesday, The
      NYT  -  1,032 words
    • Article, Illustration
      A display of enthusiasm
      881 15  -  Magdalene Phang reviews the 200 Voices concert Magdalene Phang PLUCK 200 enthusiastic singers from schools in various corners of the island. Train them for several months. And put them on show. The result: 200 Voices the local schools' sole contribution to the main Arts Festival programme.
      881 words
    • Article, Illustration
      Coppola files for bankruptcy protection
      599 15 DIRECTOR Francis Ford Coppola of Godfather and Apocalypse Now fame, along with his wife Eleanor and two of their film companies, filed for bankruptcy protection on Tuesday. The documents were filed on behalf of the Coppolas, Zoetrope Corp and Zoetrope Productions in the US Bankruptcy
      599 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      250 15 Ad entertain Our buffets feature a wide selection of delectable appetisers, soup, main courses and luscious desserts. Available for lunch and dinner. Featuring on: Mondays Morsels from the West Tuesdays Favourites from the Wok Wednesdays Malaysian Rice and Spice Thursdays Going Italian! i Fridays Seafood Delights Asian Style Saturdays Lite'
      250 words
    • Advertisement
      Page 15 Advertisements Column 2
      221 15 urn Ju n e I July Promotion Experience the freshest from the sea at CHINA CHINA RESTAURANT Special set menus available for lunch and dinner from J $68 (2 persons) to $338 (10 persons) I d For reservations, please call 3224 228/9 4 t A Our mtaurant outlet* uxkomt tbt
      221 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shares end firmer on the back of Nikkei's rebound
      3775 16  -  By Genevieve Cua SHARE PRICES closed firmer on a broad front yesterday as trading picked up, buoyed by Tokyo's 373-point rebound. The Straits Times Industrials Index inched up steadily from an opening level of 1,481.08 to 1,488.26 at midday. It edged
      3,775 words
    • Article, Illustration
      Lock icon HOT STOCK
      76 16  -  Quak Hiang Whai Comment FRASER A NEAVE has risen quite a bit since May and is drifting above $10. While stochastks point towards a minor correction, the stock should do well if it stays above the $10 level, which has become a major support If breaks below $10
      SOURCE: BRIDGE INFO  -  76 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3353 18 PMRI 50* 190 8 +4.4* Guinness 50* 330 +6 +1.7% Gentings 50* 800 5 +0.6* M Banking 530 5 +1.0% Magnum Corp 50* 434 +4 +0.9% Perlis Plant 466 +4 +0.9% H Leong Credit 291 +3 +1.0% Tongkah Hldgs 113 +3 +2.7% H Leong Ind
    3,353 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      27 18 9 ■nE r I ———-■*———————«m UmßoonHwv I The Big Four §MMjf jSj Champion go regional S2® R9^l i ■UuiiiUß SMEs HI I e 1 '^rrTP^^^Hru ON SALE
      27 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks finish mixed in moderate trading
      5266 19 Bernama SHARE prices here ended mixed in moderate trading yesterday with most indexlinked stocks posting gains on late bargain-hunting activity. The KLSE Composite Index rose 4.14 points to 596.47; the Industrial Index picked up 3.19 points to 1,028.92 and the Emas was up 0.76
      Bernama  -  5,266 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      DIVIDENDS ANNOUNCED
      933 20 Cmrm* Ex M» Mi TAIfcr Whr it fete dm p*aMa thijMr Mjmt Acuta 5% Jun 5 Jun 18 Jul 2 12.2% 10%TE Mn rtdgs 50C 6*(b) A* 25 Sep 7 Sep 24 6% 6* Amcal 25C 10% Aug 21 27 Sep 10 10% 10% Mi 2.5% Jun 3
      933 words
    • Article
      APPROVED ISSUES
      504 20 Company Right* Issue D1C 8a* One-far-two MSI 25 per stare Ej-date Km 2 Books dose fan 17 Acceptance 1 Payment fal 30 Eii Ysi S*« Three-tor-one SI 05 per stare Ex date fan 17 Books Close fan 27 Acceptance Payment An 3 Kappal Franc* One-tor-tour q $1.10 per
      504 words
    • Article
      AUDITED RESULTS
      187 20 fiiMnj Date Y«ar 6rw» IM mm to pmiMwW rrrtm MM ('•M) Inno Pacific Jun 30 Dec 91 $14.37Sl(»187l) -0) Sunshine AJfced Jun 29 Dec 91 »,056($1.7t7) »-S H5D "(7.5) MAA iun 23 Dec 91 M}2.192($2.1W) 7 45 MBf Htogs Jun 23 Dec 91 MJ28,500(120,923) 8.2(11.4) 5(5) TDM Jun
      187 words
    • Article
      PRELIMINARY RESULTS
      188 20 Compaay Data Yaar Groap pra-tax Nat aaratogs Graaa aaa to praAt/tasa (L) par shara tfhrMaad (•000) (cants) Pertama Jun 30 Mar 92 $4.456($2,647) 4.9(3.9) 5*(-) Polytek Jun 30 Mar 92 S1.046L(S801) 1 5TE(3TE) Alex Hldgs Jun 29 Mar 92 $1.527($700) 5.3(2.3) 6(6) Kim Eng Jun 29 Mar 92
      188 words
    • Article
      INTERIM RESULTS
      187 20 Company Dato Half-year Grtmp pro-tax aim to profit/loss (L) dhrWa^ ('000) As* Pacfic Jun 26 Mar 92 563.038($59,214) UH(ION) FSN Jun 26 Mar 92 $99,550(589.232) 9 2(9.2) Pacific Can Jun 26 Mar 92 $2,0341 ($30) Van der Horst Jun 26 Mar 92 $627($1,517) Cerebos Jun 17 Mar 92
      187 words
    • Article
      CORPORATE DEVELOPMENTS
      64 20 iun 30 Amcoi Hokfings. through its major shareholder, the New World Group of Hongkong, intends to look at trading opportunities in China and Vietnam where the New World Group has substantial hotel and infrastructure projects. Jun 29 Jack Cha-JyPH Ltd proposes to take over Boustead pic through a
      64 words
    • Article
      COMPANY MEETINGS
      180 20 Ltatar Urmrul HoMncs Bhd: EGM at The Pangkor Room, Level 3, The Shangrßa Hotel, Jalan Magazine, ***** Penang, on Friday, July 3, at 11.00 am ibnhant Tetecwmuricatiom Bhd: 35th AGM at the registered office of the company, No 10 Jalan Tandang, ***** Petaling Jaya, Selangor Darul Ehsan. on
      180 words
    • Article
      SCRIPLESS CONVERSIONS
      108 20 Conversion Special Trdg Scriptess j Conversion deadline Period Trading Company starts (IDP) (ST) starts t j En Yan Sang* Jul 1 Jul 21 Jul 9 Jul 21 Jul 22 Keppei Finance Jun 10 Jul 1 Jun 19 Jul I Jul 2 Keppei Fin Wt Jun 10 Jul 1
      108 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      364 20 In local curr In S$ In US$ dy S yr dy yr dy yr Jane 29 Index chge chge chge chge chge chgc Wodd 379.0 0.4 -7.2 0.0 -7.6 0.0 -7.4 JEAFE 446.0 0.4-11.0 -0.1 -11.1 -0.1-11.0 Europe 426.4 -0.3 3.7 -0.6 4.2 -0.6 4.4
      364 words
  • Article, Illustration
    Lock icon CHARTING SERVICE
    610 20 Moving Averages: A moving average curve shows at any one time the mean of the prices over a specified time frame. A five-day moving average, for instance, is the average of the last five days' prices. Moving averages (MA) are normally plotted with the prices, and serve as
    CHARTS BY BRIDGE  -  610 words
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  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices close mixed in quiet trading
      1202 21 SHARE prices ended mixed in quiet trade yesterday, brokers said. The Official Index rose 0.6 to close at 314.2 points. Pulp and paper producer Indah Kiat closed 50 rupiah higher at 3,300. Indorayon rose 100 rupiah to 4,250. Indocement was actively traded, with
      Source: Bridge Info  -  1,202 words
  • Article
    STOCK EXCHANGE OF THAILAND
    1332 21 Vol Jaae 30 Boht COO) PE AJ. Plast 39.50 1.5 7449 20.5 Adkinson Sec 262.00 4.00 515 18.2 Alucon 135.00 22.5 Am Std Sanitary 354.00 4.00 28 12.4 Aokam Thai 23.00 -0.25 185 22.3 Asia Credit 128.00 -1.00 762 17.2 Asia Fiber 43.50 -0.25 646 5.9
    1,332 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      171 21 F 0 (1 SAFE Mj/M Would you buy? Find out today In The lew Paper the J newt papa Enterprise Management in Business Times every Monday The Stock Exchange of Thailand was closed yesterday. Below are Tuesday's prices isunel YOUR KEY TO BETTERBUSINESS DECISIONS! Shine is Press Holding*' infocich database
      171 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei rebounds to end sharply higher
      2615 22 Reuter THE Nikkei staged a late rebound yesterday and closed up 373.34 points or 2.34 per cent to 16,325.07. Slightly easier short-term money rates and renewed hopes of a discount rate cut gave stock prices a boost in an otherwise dull market, though thin
      Reuter  -  2,615 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Index rises on market speculation
      2626 22 AFP Reuter SHARES finished at another record high yesterday in active trade, boosted by expectations of an easing in local credit. The blue-chip Hang Seng Index advanced 30.83 points or 0.5 per cent to 6,134.75, surpassing the last record of 6,113 set on Friday. Turnover
      AFP; Reuter  -  2,626 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market rallies as talk of rate cut spreads
      2115 23 UPI WIDESPREAD rumours of a cut in local interest rates by more than one per cent fuelled the Sydney Stock Exchange into positive territory yesterday, brokers said. After falling six points earlier, the market rallied with the All Ordinaries Index finishing up
      UPI; Source: Bridge Info  -  2,115 words
  • REGIONAL STOCK MARKETS
    • Manila stocks plunge amid profit-taking
      • Article
        SEOUL
        800 23 FALLING customer deposits and lack of positive news kept the Seoul market weak yesterday with slow trading in a narrow range, brokers said. "There's not much news to boost the market now. And the customer deposits are still slipping," Ko Kyung Bae at Hyundai Securities said. The Korea Composite
        800 words
      • Article
        NEW ZEALAND
        445 23 THE New Zealand bourse closed on a steady note yesterday as investors held back ahead of tonight's government budget release. But brokers expect no surprises. "The majority are not expecting surprises (in the budget) but wlule there is uncertainty some investors may hold back," Cavill White's Tony Gallaugher
        445 words
      • Article
        MANILA
        568 23 MANILA share prices plunged in dull trade yesterday, pulled down by profittaking in mid-session. The Manila Stock Exchange Composite Index shed 31.72 points to close at 1,524.09. Brokers said that the market was still consolidating and may yet see gains in the next few weeks. "Unless we break down
        568 words
      • Article
        Untitled
        409 23 Cine hut— NEW ZEALAND NZSE-40 Capital 1,522 06 1,520.65 +1.41 Composite Index 1,524.09 1.555.81 -31.72 Turnover (mil pesos) 425.4 926 -500.6 TMPQ Weighted Price Index closed 4,523.81 Turnover (NTS billion) dosed lg.45 SEOUL Composite Stock Index 551.9t ***** -0.05 Turnover (billion won) 189.6 172.7 +16.9 Taipei j M at NTS
        409 words
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  • WORLD STOCK MARKETS
    • US stocks close narrowly mixed
      • Article
        Untitled
        244 24 June 30 Claw IMw NEW YORK Dow Jones 3,318.52 3,319.*6 -1.34 SAP 300 408.14 408.94 -0.80 Turnover (million) 200.98 176.75 24.23 LONDON Financial Times 30 1,942.3 1,944.7 -2.4 FTSE 100 2,521.2 2,515.8 +5.4 Turnover (million) 458.5 382.7 +75.8 FRANKFURT DAX Index 1,752.63 1,757.12 -4.49 AMSTERDAM EOE Index 302.57 302.57 unch
        244 words
      • Article, Illustration
        NEW YORK
        1144 24 US STOCKS ended narrowly mixed on Tuesday as upside momentum from Monday's sharp rally waned and investors settled in to wait for the June employment report due today. After surging 37 points on Monday, the Dow Jones Industrial Average closed off at 3,318.52 on Tuesday, down 1.34. Advances
        1,144 words
      • Article, Illustration
        LONDON
        700 24 THE London Stock Exchange closed slightly higher on Tuesday, buoyed by firm futures, but conversely weighed down by brokers downgrading several major companies. The FTSE-100 Index, which dropped 18.3 points on Monday, closed up 5.4 points at 2,521.2 points. The narrower FT-30 Index closed down 2.4 points at 1,942.3
        700 words
      • Article
        FRANKFURT
        308 24 GERMAN shares on Tuesday ended a fairly volatile session mixed, but with a generally lower tone. Dealers said general market nervousness, a sell-off of key stocks in the automotive and engineering sectors and arbitrage transactions between the cash and futures markets helped take the steam out of an early
        308 words
      • Article
        AMSTERDAM
        160 24 DUTCH shares ended a featureless session on Tuesday barely changed, though a steady US dollar helped most internationals to close with slim gains. Professionals marked prices higher at the opening following Wall Street's 1.4 per cent higher close, but initial advances quickly evaporated as investors refused to bite, dealerssaid.
        160 words
      • Article
        PARIS
        295 24 FRENCH share prices ended lower on Tuesday, yielding to selling pressure from arbitrage with June stock index futures and options, which expired on Tuesday, dealers said. The CAC-40 Index finished 6.67 points or 0.35 per cent lower at 1,900.63, having tumbled to a low of 1,883.12 just before futures
        295 words
      • Article
        MILAN
        211 24 ITALIAN shares hit a fresh 1992 low on Tuesday as stocks drifted down in the absence of any substantial buying interest as investors waited on the sidelines for signs of action by the country's 51st post-war administration. Shares in state-controlled Italgas performed weakly throughout the session, hurt by fears
        211 words
      • Article
        ZURICH
        287 24 CONTINUING demand for shares in major chemical companies led the Zurich bourse higher on Tuesday. Dealers said activity slowed down after a lively opening round, but the pace picked up again toward the close. The all-share SPI Index closed 3.8 points higher at 1,174.9 and the SMI Index of
        287 words
      • Article
        STOCKHOLM
        227 24 SWEDISH share prices fell in line with other European bourses on Tuesday despite an optimistic opening and Monday's Wall Street rise, brokers said. "Many held onto their selling orders in hope of a better price today, but later noticed they had to sell at the buying price, which changed
        227 words
      • Article
        BRUSSELS
        147 24 BELGIAN shares closed lower in modi erate business on Tuesday as Monday V rise on Wall Street failed to bring new, enthusiasm into the market. The Bel-20 Index of leading sham closed down 2.53 points at 1,162.75* > with some 715 million francs worth of Belgian shares traded. ,c
        147 words
      • Article
        JOHANNESBURG
        379 24 SHARES closed slightly higher, but off the day's highs, on the JohannesburgStock Exchange on Tuesday as the mar- ket took some heart from a discount rate cut, dealers said. They said the market started to drift' lower just before the close on fears of' renewed township violence. The Reserve
        379 words
      • Article
        TORONTO
        238 24 TORONTO stocks climbed late on Tuesday to close near the session's high,, ending the second quarter on a strong note, dealers said. The TSE-300 Composite Index closed up 11.9 points to 3,387.7 on "J moderately strong volume of 31.9 million shares. A number of US economic figures", released earlier,
        238 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar recoups some early losses on late short-covering
      1214 25 REPORTS TOKYO: The dollar recouped from early lows on late short-covering but still ended weaker in Tokyo, especially against the marie, dealers said. The dollar briefly fell to as low as 1.5162 marks in the afternoon on a series of speculative
      1,214 words
    • Article
      INTERBANK FOREX RATES
      384 25 Crass rates 1 USS SS MS Dm Yen SFr AS NZS USS 1.6170 2.5030 1.5250 125.60 0.5258 1.3760 1.3387 1.8399 SS 0.6184 1.5492 0.9431 77.6747 0.3251 0.8510 0.8279 1.1379 MS 0.3992 0.65 0.6088 50.1397 0.2099 0 5493 0.5344 0.7345 Dm 0.6557 1.0603 1.6426 82.36 0.3448 0.9023 0.8778
      384 words
    • Article
      MONEY MARKET
      526 25 Interbank rates SS Bid Offer Overnight 1/8 1/4 1-month 2 9/16 2 11/16 2-month 2 5/8 2 3/4 3-month 2 11/16 2 13/16 Overnight mode: 3/4 LSS Bid Offer 7 days 3 7/8 4 1 month 3 13/16 3 1*16 2 months 3 13/16 3 15/16 3 months
      526 words
    • Article
      Lock icon Confusion surrounds move towards rouble convertibility
      148 25 AP MOSCOW Russia plunged ahead yesterday with its crucial experiment to create a freely traded currency, but buyers and sellers were confused about how one of the most significant free market reforms would work. Starting yesterday, there will be only one exchange rate for
      AP  -  148 words
    • Article
      Quotation of Singapore Government Stocks as at June 30. 1992
      323 25 Maturity YW Cotton <%*») ($m) of days of 1# iJlcitlitf' mMdtoprtcM Aiiicvvoing.: accrued MMMNMtf Gross (*p» l_—— 1/3 1/9 121 *****# 254# 15.92 N*****1T 1987 5 300.00 15.10.92 N*****1F 1990 5 850.00 15/10 15/4 76 *****# 255# 15.11.92 N*****2X 1967
      323 words
    • Article
      FINANCIAL FUTURES
      1304 25 SIMEX JuJyJ. EUHOOOLLAJt Open High Low Sett Est Vol Act/Vol Op/Int Sep 92 96.07 96 07 96.05 96.06 2900 5857 ***** Dec 92 95.59 95.59 95.57 95.59 4600 9213 ***** Mar 93 95.49 95.50 95.47 95.49 2850 2572 ***** Jun 93 95.09 95.09 95.06 95.09 1200 726 2029
      1,304 words
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  • COMMODITIES
    • Article
      Lock icon Yemen to increase oil output by four times by 1996
      397 26 Reuter GENEVA The Prime Minister of Yemen on Tuesday predicted a massive increase in oil production. Speaking during a break in a United Nations meeting on Yemen in which he appealed for substantial international aid, he said he hoped for
      Reuter  -  397 words
    • Article
      Lock icon Vladivostok exchange offers pickles, planes and potatoes
      245 26 Reuter VLADIVOSTOK, Russia Buckets of pickles from Korea, a couple of stunt planes and sacks of potatoes are the stuff that fortunes are made of at the bustling Vladivostok Commodity Exchange. The VCE has survived perilous market conditions and intense competition to emerge
      Reuter  -  245 words
    • Article
      KL tin gains 48 sen on continued short-covering
      778 26 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market extended its gains and rose sharply to close 48 sen higher at M$ 17.81 per kg on continued heavy short-covering yesterday. Dealers said that elsewhere, the market was showing better fundamentals
      778 words
  • Article
    PRICES
    1541 26 Rubber MKELB (to» in to!—) (M cents/kg) I Noon Close I Int 1 RSS Aug 92 220 00/222 00N *****/222.00 Int 2 RSS OP 218.00/2I9.00N 2I8.00/2I9.00N UK/Com 217 00/218 OON 217 00/218 OON Int 3 RSS OP 215 50/216 50N 215 50/216 50N UK/Cont 214.50/215.50N 2I4.50/2I5.50N Int 4 RSS
    1,541 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      478 26 BUSINESS TIMES IbU fr— Tel No 737 0043 'Fax No: 734-3006 ■MAS (8) PTI. LTD. I LOST SHARE CgRTfFICATeD NOTICE IS HEREBY GIVEN that the following share certificates issued by INAS (S) PTE. LTD. in the name of INAS SON. BHD. have been reported lost or destroyed Share Certificate No.
      478 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1185 27 aty F1«M ni nm m Mi MwM GA887 0200 GA894 2015 MM* QF5 1955 SQ228 2050 IUmMm SQ23 0645 KL838 2240 KL837 1255 Mtmm SQ347 1755 AacUaai BAH 1505 mm m SQ288 2015 Irturti GF148 1000 J GA525/910 1755 MBaom BW53 1105 SO182 0915 SQ181 1410
    1,185 words
  • THE TRAVEL PAGE
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 27 As at 10am yesterday: Local dollars to ooe unit of foreign currency Currencies Bid Offer Australian dollar 1.202S 1.2190 Canadian dollar 1.3319 1.3590 NZ dollar 0.8693 0.8870 Sterling pound 3.0637 3.1055 US dollar 1.6140 1.6210 Local dollars to 100 uta of foreign cwrtwcy Austrian schilling 14.90
      151 words
    • Article, Illustration
      Bavarian belly-aching
      659 27  -  LETTER FROM MUNICH x/y/x By Tom Heneghan Munich is gearing, up for its biggest international event in years by indulging in one of its favourite activities grumbling. The local press hardly lets a day go by without delivering screaming headlines about how the leaders of the world's richest
      659 words
    • Article
      WORLD TRADE EXHIBITIONS
      77 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Aug 16-18 International Munich. Mode-Woche- (49) 89/5024. &-9 fine Food Melbourne Australian (61)3/867.7981 Fashion Fair Germany Munchcn GmbH 570 (fax) Exhibition Aug 16-19 National Chicago. USA Reed Exhibition (1)617/630- Services Hardware Show Companies 2222 Sep 6-10 International Earls
      77 words
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      44 27 It's amazing the lengths Finnair goes to for just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price Check with your travel agent or call for more details. W« Know Europe Cram Mart to Hnraah.
      44 words
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      Page 27 Advertisements Column 2
      7 27 WEBCLY OVERSEAS EDmON Subscribe now. Call 749-2371.
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      Page 27 Advertisements Column 3
      89 27 NOTICES FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look
      89 words
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      Page 27 Advertisements Column 4
      97 27 LN THE MATTER OF THE COMPANIES ACT, CAP. St AND IN THE MATTER OF FLAMTECHNIC MARKETING PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN PURSUANT TO Section 308(2) of The Companies Act, Cap. 50 chat the Final Meeting of the members of the abovenamed Company will be held
      97 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      222 27 horse (4-6) be even the volume (4,4) woman is quite unaccept- 21 Inappropriate term for nocrowd (5) 24 Sturdy members of the I I—l—L—l I l bottom stream (8) 27 Liaising in swindle requires 7 More or less define a long tin y < 5 > diplomacy (2,7) session at
      222 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      169 27 Singapore Outlook: Showers over several areas in the late moraing and eart) afternoon. Report Maximum temperature 32.9 Assoc humidity 57% Minimum temperature 26.2 Assoc humidity 90% Hours of sunshine. 8.40 Rainfall in mm 2.2 Rainfall this month 2.2 Rainy days this month I n .|il wona repon Asia-Pacific Hi/Lo* Cot*.
      169 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      14 27 f Pick up nv S V^ (ftou. ott "foroEgpu SNaPS...A CaiOCiATOMBWyAWt LTD, wim \r<cjm
      14 words
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  • Article
    Lock icon Chinese communists vow to liberate the economy
    420 28 Reuter BEIJING China's Communist Party, one of the last Marxist ruling parties on earth, marked its 71st birthday yesterday with a vow to concentrate on a new revolutionary task: liberating the economy. "Liberating and developing production is the basic task of our party,
    Reuter  -  420 words
  • Article
    Lock icon 40pc price jump for latest Shanghai listing
    264 28 Reuter HONGKONG The latest share listing aimed at luring foreigners back to the Shanghai stock exchange got off to a strong start yesterday, but even a 40 per cent price jump was too little for investors used to wild gyrations on China's new
    Reuter  -  264 words
  • Article, Illustration
    Farmers send out protest lettuce
    44 28 BARBISON, France Farmers handing out lettuce on Tuesday to passing motorists who had to manoeuvre round tractor blockades set up in the streets in protest against new European Community agricultural reform policies. See Page 9 for the full report.
    44 words
  • Article
    Lock icon US wants economic plan details from Miyazawa
    280 28 AFP WASHINGTON Japanese Prime Minister Kiichi Miyazawa, who arrived here on Tuesday for a brief visit, would be asked to flesh out his government's latest proposals aimed at reviving the economy. United States officials said. Mr Miyazawa wis yesterday scheduled to meet twice
    AFP  -  280 words
  • Article
    Lock icon German budget gives priority to eastern states
    231 28 AFP BONN The five states of eastern Germany will continue to get "absolute priority in German domestic policy," Chancellor Helmut Kohl said yesterday, in a speech marking the second anniversary of German monetary union. Mr Kohl made the pledge as the Cabinet discussed
    AFP  -  231 words
  • Article, Illustration
    Much more to Australia than what GNP shows
    896 28  -  The Bottom Line KEVIN CLARKE KEVIN CLARKE The writer is a BT copy editor THE other day I was discussing with some colleagues a recent report that Japan intended to relax its policy of pursuing economic growth above all else and concentrate
    896 words
  • Article
    Lock icon Business sector upbeat about Ramos administration
    401 28 AFP MANILA Business optimism in the country surged yesterday after Fidel Ramos took over as Philippine President despite a host of problems left behind by Corazon Aquino, especially the acute power shortage. Mr Ramos himself warned in his inauguration speech on Tuesday that "our
    AFP  -  401 words
  • Article
    Lock icon Russian minister warns of coup against Yeltsin
    377 28 AP MOSCOW Russian Foreign Minister Andrei Kozyrev has warned that a coup against Russian President Boris Yeltsin by Communist hard-liners is possible. Mr Kozyrev's prediction, published in Tuesday's editions of the newspaper Izvestia, comes less than two weeks after former presidential aide Sergei
    AP  -  377 words
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  • SHIPPING TIMES
    • Article, Illustration
      Kontena chalks up record profit for 4th year running
      394 29  -  By Ramesh Divyanathan SINGAPORE Malaysia's largest container haulage operator, the soon-to-be-listed Kontena Nasional Sdn Bhd, has announced a group pretax profit of M 574.67 million (5547.78 million) for last year, up 9.8 per cent from 1990. This is its fourth consecutive
      394 words
    • Article
      Bangkok introduces scheme to battle oil spills
      478 29 BANGKOK Three accidents and as many oil spills in four months is too much, especially while an anti-oil spill master plan remains a dream on the horizon. The Harbour Department has therefore joined with the Oil Industry Environment Safety Group (lESG) in developing
      478 words
    • Article
      Lock icon US vows speedy action on maritime reform
      393 29 Lloyd's List WASHINGTON The Bash administration is keen to "last-track" its US mritime industry reform scheme and appears ready to send implementing legislation to the US Senate in jnst two weeks, despite indastry hesitancy about it The private promise of speedy White Hoase
      Lloyd's List  -  393 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      879 29 Page Col ABC Containcriine 12 1 Accord Group 8 1-3 APL 5 3-5 Arrow Inter 9 2 ASCL 5 9 Alpha Feeders 6 1 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Bank Line, The 9 5 Batamindo
      879 words
    • Article, Illustration
      Malaysian team visits PSA
      209 29 SINGAPORE The Port of Singapore Authority (PSA) yesterday played host to a five-member marine delegation from Malaysia. The team from across the Causeway was led by Mohd Sidik Shaik Osman, the secretary of Malaysia's National Maritime Council. Other members of the visiting delegation included Cmdr Ng
      209 words
    • Article
      Lock icon Indian truckers go on strike
      240 29 AFP NEW DELHI Truckers from more than 150 unions went off the roads throughout India yesterday on the first day of an indefinite strike to press demands for abolition of state transit and entry taxes. Ignoring a last-minute appeal by the federal government, which has
      AFP  -  240 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        Air Afrique to fly to South Africa in Oct
        84 30 BRAZZAVILLE Air Afrique, the airline owned by 11 former French colonies, will operate its first passenger flights to South Africa starting next October, a statement said on Tuesday. The company said Air Afrique's chief executive, Frenchman Yves Roland-Billecart, signed the agreement
        84 words
      • Article
        US Postal Service suspends Emery
        69 30 NEW YORK Consolidated Freightways Inc said its Emery Worldwide air freight unit had been temporarily suspended from being awarded future contracts by the United States Postal Service because of disputed reimbursement claims. Consolidated asserted that the suspension had been timed to favour a competing carrier
        69 words
      • Article
        Americans flee benzene cloud
        86 30 SUPERIOR, Wisconsin Tens of thousands of people fled noxious chemical clouds that oozed from a derailed railroad tanker car in this mid-western US state on Tuesday. Light, shifting breezes sent the dangerous benzene fumes drifting for miles along the Lake Superior coastline and along inland waterways.
        86 words
      • Article
        700 evacuated from blazing ship
        71 30 MOSCOW >7lore than 700 people were evacuated on Tuesday from a blazing passenger ship in the port ot St Petersburg, but there were no reports of any casualties, ItarTass news agency reported. The fire started in the engine room of the Anna Karenina steamer while
        71 words
      • Article
        Propeller of US tanker repaired
        70 30 LONDON The US-flagged oil and chemical tanker Riverhead Spirit, surveyed at Tampa, United States, for reported propeller damage, was heading for Mobile. Alabama, after repairs, Lloyd's Shipping Intelligence Service said. The 37,753-dwt vessel, damaged in heavy weather, will load a spare propeller in Mobile and
        70 words
      • Article
        Subway's sweep against addicts
        90 30 AMSTERDAM Several dozen subway employees mounted a vigilante sweep on Monday night to drive drug addicts out of the citv's underground stations, the public transportation department said on Tuesday. The action was the second in a week aimed against drug addicts in this normally law-abiding nation.
        90 words
    • Article, Illustration
      Lock icon FMC proposes major reforms
      1461 30  -  The Federal Maritime Commission is moving quickly to act on several sweeping reforms by the end oi the year, including one on multiple-shipper contracts, reports Tony Beargie Tony Beargie American Shipper A PLAN by the US Federal Maritime Commission (FMC) will allow two or more shippers
      American Shipper  -  1,461 words
    • Article
      COCKETT BUNKER MARKET REPORT
      751 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      751 words
    • Article
      THE SHIPPING GUIDE
      11297 38 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
      11,297 words
    • Article
      SHIPPING AGENTS
      3134 43 Containerline NV: Belsin Shpg Agencics Pic Ltd (SVMarinc Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred
      3,134 words
    • Article
      COURIER SERVICES
      279 43 Abacus C ouriers Td: 545-8011. Fax: *****98. Air Express Travel Td: 533-5771. Fax: *****44. Ail burnt Freight C orporation Td: 542-8844. Fax: *****16. *****80. ▲S— M Ift ll'nflii— «lin Airwin wortawtoe Luwicr Td: 278-0188. Fax: *****83. AJS 'iapplii i Td: 748-6322 (2 lines). 747-7421. Fax: *****75. Crty-Liak iMenutiowd
      279 words
    • Article
      AIR FORWARDERS
      1506 43 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Actirair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. .Air
      1,506 words
    • Article
      PORT CONDITIONS
      3376 44 ARGENTINA As a result of the recent decree modifying many of the port-related labour regulations there has been unrest and. although there was no strike, production was reduced several times mid-June due to conflicts. Buenos Aires: On June 12. stevedores staged demonstrations, hindering port operations. As a result,
      3,376 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      910 44 SHIP SALES TANKER RATES Simpson Spence Young VESSELS ON OFFER Bulk Carriers Baoshan: 63.560 dwt and built November 1982 Kasado Kudamats. on best outright offers. Noelle C: 34,681 dwt and built July 1982 Espanoles Bilba. in Singapore; on offer by very serious sellers, brokers may like to try USs7.sm. Vlaranon:
      Simpson Spence & Young  -  910 words
    • Article
      AIR FREIGHT SCHEDULE
      556 44 ARRIVALS Op Flight Type ETA T From TODAY KAL KE697 B747F 0150 1 SEL SIA SQ827 B747F 1730 2 CPH/DXB CLX CV794 B747F 1845 I LUX/DXB NCA KZ203 B747F 1930 I NRT KAL KE685 A30F 2345 I SEL/MNL TOMORROW JAL JL6I5 B747F 0240 1 TYO NWA NW901
      556 words
    • Article
      CRUISE & FERRY SCHEDULES
      419 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ajt Deo Name of Vessel ETA ETD Ports of Calls Port Agent Telephone No JULY 299-0366 01 01 Royal Pacific 1300 1930 Sin-Jakarta Ocean Trade Chartering 02 02 Asean World 0900 1800 Sin-Hkt Sembawang Johnson Mgt 227-8284 05 05 Royal Pacific 1300 2030 Cruise to
      419 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        452 45 w B«gi IbW Marina Terminal 1 Batam Sayang *****2 M04 aiongade 02 07/0500 Batammdo 1 1212S M01 aiongade 01.07/1900 Btm Bahapa *****2 M03 alongside 02 07/0500 Garuda G57 M05 atongade 01.07/2300 5 001 M02 aiongade 01.07/1800 J«n Yaar 28/92 M03 aiongade 01.07/1600 Una laya 005 M01 aiongade
        452 words
      • Article
        IN MALAYSIAN PORTS
        237 45 lthsn Pwt Berth 1: Sn Nam Hua No 2; 2: Huang Hua Quan; 3: Gui Lm Yang; 4: Anna K 5: Esprit 6: Anes. 01 jetty: La Esperanza, Sukun. DC* Petro Lntas. Due on Mm 30: Kapitan Naganyuk, Queen Ctw. Alam Aman, Tokyo Bridge, Barge Sea Maco
        237 words
      • Article
        CONTAINER SCHEDULE
        1687 45 DELIVERY OF FCL 1 E eh Wp Voy lb Cantm> a valaMe a* Voy No Canteran vrfaMt Trade Vigour 91NB 30 06.92 0650 Elen Hufcg 292 COO(EST) 3006 92 2300 0 Kalimantan 19S 30 06.92 0700 Kota Makmur 117 COD(EST) 0107 92 1500 Venabu 16-016 30 0692 0725
        1,687 words
    • Article
      TRANSPORT DIARY
      1303 46 S*|rtJ>-18: Seatrade Academy's Anatomy of Shipping, organised by Seatrade. The event will take place at Selwyn College Cambridge, England. SepMs-l& Asia-Pacific Digital Cellular Mobile Communicaorganised by IBC Technical- Services Limited at The Manflarin Singapore. For further details please contact IBC TecKnical Services at tel: 732-1970 or fax: 733-5087.
      1,303 words
    • Article
      DAILY FREIGHTS
      443 46 FREIGHT rates Tor large tankers trading out of the Mideast Gulf to westbound destinations nudged higher as Shell paid worldscale 39 for Rotterdam discharge and another charterer agreed 40 for the US Gulf. Last week's top rate for trips west was 38. Rates for eastbound voyages varied but
      443 words
    • Article
      Lock icon Hughes Aircraft to lay off 9,000 workers
      499 48 NYT LOS ANGELES Hughes Aircraft Co said on Tuesday that it would retrench 9,000 employees, or about 15 per cent of its work force, largely because of the rapid decline in Pentagon spending The layoffs will come primarily in Southern California, where Hughes
      NYT  -  499 words
    • Article
      Lock icon Aerospatiale chief steps down
      331 48 NYT PARIS The chairman of Aerospatiale of France, one of the two main participants in the European aerospace consortium Airbus Industrie, stepped down on Tuesday, the company announced. Henri Martre led stateowned Aerospatiale to a prominent position in the world aerospace industry and fiercely defended Airbus
      NYT  -  331 words
    • Article, Illustration
      Lock icon US imports of Japanese cars down
      571 48 But higher output by Japanese plants in US offsets fall UPI NEW YORK Japan s major automakers shipped 111,209 cars and trucks into the United States in May, down 15 per cent compared with 131,466 in May of 1991, the Japan Automobile Manufacturers Association
      UPI  -  571 words
    • Article
      Lock icon Toyota, Nissan to increase production targets in Europe
      390 48 NYT TOKYO The recent basic agreement on automobile sales reached by European Community and Japanese negotiators has led two Japanese automakers to increase production targets at their European plants. Japan has agreed to limit auto exports from plants in Japan to Europe
      NYT  -  390 words
    • Article
      Lock icon US union strikes tentative deal with railroads
      182 48 AFP PHILADELPHIA, Pennsylvannia A union representing more than 6,000 railroad maintenance workers reached a tentative contract agreement with Amtrack and Conrail a week after a two-day national rail shutdown. A strike last week by the International Association of Machinists against CSX Transportation led
      AFP  -  182 words
    • Article
      Lock icon Subaru's off-beat ad campaign shifts into second gear
      544 48 NYT NEW YORK Subaru of America and its advertising agency, Wieden Kennedy, are making a mid-course correction in their unconventional, much-debated advertising campaign. New television commercials and print advertisements were introduced on Tuesday at a news conference at a similarly unconventional venue,
      NYT  -  544 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      12 29 UMM mi xwHii, jCKa wuuiuf S{i For flwMs cwrtacf w TW 740-2089/740-3090
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      Page 29 Advertisements Column 2
      428 29 THE »FAMOUS Canton H*****t33 Fop mora in Tor mat ion please refer to Pg. IS Air Forwarders 15 A* Froght Schedule 16 Cocfcett Report 2 Contamer Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daly Froghts 18 Index 1 Port Condrtions 16 Strong Agents 15 Shpp«g Guide 10.11 Rates
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      84 30 L <hCr <o> 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 firms
      84 words
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      Page 31 Advertisements Column 1
      2278 31 TEL: *****11 FAX: *****09 lMllf BOOKINGS TEL: *****34 *****58 ■TWTM TEWMINAL/CFS TEL: *****16 -220 rtml PORT KELANG TEL: *****18 FAX: *****91 *****88 e> PENANQ TEL: *****4 FAX: *****1 CFS TEL: *****8 ppMp|| ueacatea to Quality Service ipoh tel *****3/4 fax: *****8 ini^n.iJ.l FAX: 5143^ 52S m ns -dm. nm I
      2,278 words
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      Page 31 Advertisements Column 2
      1206 31 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT VSL/WY SW NYC I Ml I «f I SA¥ 1 lawn u/7 n/i aa aa a/i I lami a an ia »a 4a ia I lamm n 7/t ua iv» ua ua I
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      Page 31 Advertisements Column 3
      1435 31 ■UrUH.HH'I.'H WEEKLY FEEDER TO/ FROM PASIR GUDANG ETA PASIR GUDANO EVERY TUESDAY 0100 HOURS ETD PASIR OUDANO EVERY TUESDAY 0000 HOURS FOR BOOKINGS, PLEASE CALL LINDA at 07-*****8 V«M Voy ETA I ETD Feeder by 1 DESTINATIONS Lewort/Artaa This »Mk Madison Maersk 9206 ■UJHBMHI—HBWIIIBmUHinBBBBWBIBnBBBB^^B CV 7/7 0800 HRS Port Hi
      1,435 words
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      Page 32 Advertisements Column 1
      1166 32 J I STO I c I -rnvin rvoorcQ 08/128 2/7 11/7 25/7 21/7 20/7 I ustKEXPn£SS S i "i i! I I UU»NE M 18/7 24/7 I I HAMBURG S® 2S IF' {S 1 5F* PRESS «S S3 Z I UanKFURT EXPRESS f™ Jgf ffif $jj? I ra«BME 25/331 9/8
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      Page 32 Advertisements Column 2
      456 32 I BWMITOHHItimUMW* I tun t alamo ros mm NMtOWMOMma/ KRA/LAE/WWK compoo vss mm poBB/non/roro/rab LAI/MAO ALAM TALANQ VSS tVH POOO/*****/OOORO/RAO KRR/LAE/WWK (LCL B/BULK) T/S: ALOTAU, ORQMT, HAVING ACCEFTM6 LCL FOR MMN FORTS OBCHARGE PORT KELANG H C. TIL *****01/4 MKHAN OCEAN AND SOUTH AFRICA REGULAR SQA-COMTAMER SERVICE oqkl warn m.
      456 words
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      Page 32 Advertisements Column 3
      1369 32 ooovict WESTBOUND TO EUROPE <" SZ, 2n, MMHU Muauu mi*] 09/07 27/07 20/07 30/07 Mfl7 02/00 08/00 03/00 04/00 NOMSMStMRWI 9210-3 05/07 27/0/ U/00 14/00 19/00 9219-3 20/07 U/M 13/00 19/00 10/00 17/00 10/00 19/00 20/00 NORASM M.4MNSOORMI 9221-3 29/07 17/00 10/00 »/00 21/00 22/09 23/07 24/07 29/07 ■n»<»S tun
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      Page 33 Advertisements Column 1
      2149 33 STRAITS SHIPPING PTE LTD 10 Mm Chiang Road #11-01 Kapfd Towers Singapore 0200 Tal; *****00 Fax: *****17 STOK BKOK tnun vfMlUtl «l(E Mujri Lab. KK hi M 02 M MMUOI V.012K 05-08 lIT ®*"5 MB MEMH VOX Mora. I*. KK 04-00 MO7 M 09 M KOTA BWTAMG V.K8T224 OS-OS M.Y
      2,149 words
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      Page 33 Advertisements Column 2
      1942 33 SINGAPORE AGENT: BM PXii) I AfltOiriPtC p Containers (Singapore Agencies) Pte Ltd B 4\Vf VjUlliCtlllvl d 10 Hoa CManfl Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Tatax: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Numbar: **********0Z VESSEL VOY r*MM *5 5i IMM WW MTT HOT MAM VESSEL
      1,942 words
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      630 34 igei CR NBA **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE ISL/WY STOK MMM/MMM HWK «00 MW n*/o MAT/YUM/32W 17—a/7 20/1 25/1 4/9 FAST TRANSIT TIME ACCEPTING BREAK BULK /CONT AINERISEO CARGO Subfact to InducwiMnt. Atoo see«pting cargo to Cmtotanca. Fort Said, Port AJoxandrta, Genoa, Triaoto. ALSO ACCEPTMG CONVENTIONAL CARGO «M
      630 words
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      Page 34 Advertisements Column 2
      1288 34 (g) HANJIN SHIPPING «6 VS. SM UK HMA LB6 0A« FtR «L I**, M J*. HMUN SMGATOK MR 4/7 DHECT 26/7 21/7 HANMI 4/7 W» M/» ytM i nuflf 17/7 DKCT 2/8 5/0 HM66I O€JU 0641 20// W n»n CI 27/1 21/1 M/ 8 OAKUM) 01C 9 6 MKT 9/8
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      Page 34 Advertisements Column 3
      1223 34 tf#9 d" I c-1 "T?H^^S I M»nwumn«nKnoiuciiNimuiMHiir«riMn»l awn RE-MR 7/7 1/7 11/7 15/7 17/7 2V7 H/7 a/7 24/7 2S/7 *7/7 7/» l»/« a/I a/» l/» 2/» J/f VI IV* 2VI 2V» JM t cekirt re mi i«/ 7 IV7 a/7 a/7 a/7 n/7 a/7 a/7 n/7 1/1 1/1 u/i a/i
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      Page 35 Advertisements Column 1
      1808 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (WW. **********0E) BOOKINGS (TOU fH6E) H!t!2 f™"--™® USA SERVICE *****00 TERMB4AL OFFICE *****22 AfiL. FAR EAST SERVICE *****00 IMPORT CFS Ft; *****80/*****08 UI&UROPEISERVICE *****00 EXPORT CFS F0: *****53/*****80 AUST/INOA/PAK SERVICE *****00 «-*»> NOL AGENCY INDONESIA Jakarta (21) *****45/54. Surabaya (31) *****2/546. Samarang (24)
      1,808 words
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      Page 35 Advertisements Column 2
      1028 35 SINSOV SINGAPORE SOVET SHFPMG CO PRIVATE LTD BOOKMG: *****51/ *****64/ *****06 (FESCO LINE) ENQURES: *****33 MARME INSURANCE SERVICE: *****57/ *****57 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 iOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERBHIP BERVICEB J |«STBOUW-OBCHMqN6 ttSTBOMP-IOOBM M jS tor law |mu |wi
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      Page 36 Advertisements Column 1
      1439 36 M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/^9 1 I IXI M. MALAYSIA: *K" UNE MARITIME (MALAYSIA) SON BHD JL MmJi JL TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 IHMI KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA
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      Page 36 Advertisements Column 2
      1124 36 PHIU-ORICNT UN€S PT€ LTD <#% 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Teiex:RS ***** FAX: *****76/*****38 CflO BY AIR, LAND OR SEA.... 3t3U WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION j 1 AUSTRALUUNEW ZEALAND/SOUTH PACIFIC FCULCL SERVICE —i 4 JUL
      1,124 words
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      Page 37 Advertisements Column 1
      2045 37 PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSSSS tB tml4o Cecil Street, #03-00 PIL Building. Singapore 0106. T«l: *****33 CO NO: **********0E Vf BSEL VOY MM «T SM ESTEBRUQQS 13N 3/7 S/7 «7 KOTA MDAH 171 S/7 7/8 W7 EQUATOR CRYSTAL SSN 3/7 S/7 M/ 7 BUNQA TERATAI 273 8/7 M/ 7
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      Page 37 Advertisements Column 2
      772 37 CAS C M M 4 177 3/7 4/7 BENALDER 2262 7/7 24/7 26/7 27/7 29/7 E "ioT7 10/7 iTT? 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 NIHOM 2292 28/7 14/8 16£8 17/8 19/8 R 31/7
      772 words
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      Page 37 Advertisements Column 3
      275 37 NIGERIAN NATIONAL ML SHIPPING LINE NKEMA EXPRESS SERVICE W MVHIKMN vja SMOAPOm I 22 Jul ETA I Lmm K Aug Port Harcourt 17 Aug Calabar 11 Aug I °BSA° TRANSPORTATION M MYANMA \H* FIVE STAR LINE (Myanmar National Line) Loadinf for Yangon (Rangoon) Sport PJUc Pen PGdt PINY A Vl22**
      275 words
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      Page 40 Advertisements Column 1
      2186 40 Conventional Semi-Container Full Container Liner Services Liner Services Atmtx >*■■■* n tumnl Mfmti. tttUagAtmlt. 9mtnlA§mt>: AoaMai A§mti. s» pwmm mm lUMmtMHtr jmnxm+wi4 Ylck Fung Shipoiao «mvmm«muh in**» t>min Gift* Shipping Pte LU n»pin w i»irin>Mi mn i uooorwt*** onj*m+k smu, snoo ill ITnnxm//*m mwmaMacm,! lust"** 4/msM aviwa. Mul s») /ui
      2,186 words
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      Page 40 Advertisements Column 2
      357 40 SMMDEM MUK (S) FTE LTI IS McCALLUM STRUT #(0-01/02 NATWEST CENTRE af llH9ipori IIOS TMmc R*****0 Tab 22M351-3 Ft*: 238 4090, 2270 MS FOR BOOKMOS CALL OMECT LINE TEL: *****41/*****43 am/MX SERVICE VESSEL VOY SIN JAK DERAJAT 989 07/07 (TUE) 10/07 (FRO PELOPOR 1037 03/07 (FRO 06/07 (MON) PRELUDE 007
      357 words
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      Page 41 Advertisements Column 1
      515 41 M FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) UMASSOL/PHEAUS 5/7 ROTTERDAM 5/7 HAIFA/ASHOOO/ALEXANORIA 5/7 HAMBURG/BREMEN 5/7 MARSER.LE/FRANCE 5/7 FELIXSTOWE/UK 5/7 BARCELONA/SPAIN 5/7 LEHAVRE/ANTWERP 5/7 GENOA/ITALY 5/7 GOTHENBURG/SCANDINAVIA 5/7 LOS ANGELES/WC/H 5/7 SYDNEY/MELBOURNE 4/7 NEW YORK/EC 5/7 FREMANTLE/ADELABE 577 VANCOUVER 5/7 BRISBANE
      515 words
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      Page 41 Advertisements Column 2
      778 41 I MM iranEL^EE!^ass«TspTi!al \wm TEL: 22M1SS (12 Urm) BFAX; mm ws nw mmm g ug pa "faaßg!^ ACCEPTINQ FCL AND CONVENTIONAL VESSEL |VOY ETA ILOAOMO FOR SPORE ABYOT 2tWB 24/ OS DARESSALAAM. MOMBASA. (VNBOUTI ASSAB. MASSAWA NETSANET 27W8 30*» OARESSALAAM. MOMBASA. DJBOUTI ASSAB. MASSAWA PJ MEN HIIN6 UNE FULLY CONTAINERISED
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      Page 41 Advertisements Column 3
      468 41 JAKARTA MOMA MM 1«S 04/07 07/07 WW Mi 3IH Frl 03/07 Mw 00/07 I W> —I 3« 00/07 11/07 MAMTA BMUM WW Ut 04/07 W«0 00/07 maha mm UK n/07 10/07 pita bmmt»» mow m» 00/07 n» e»/07 SEMARAWQ/BURABAYA i2L K %y7i j'jH" .'LljBLh JBB mmq> ti» mw wx 00/07
      468 words
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      Page 41 Advertisements Column 4
      372 41 mm TKER-unE 1j VBL VOV SOOGAPORE MADRAS BMQAPOHE < I KSSEL *0T SM MM SM IKER BMW 21 IN 04-05/07 11-13/07 18-IJ/07 < TIGER SIM 2m M-M/07 ISIC/07 21 22/17 j TKE* SmD 212N 11 12/17 UIJ/07 2S-X/07 < TKER CHEER 24H IS-lt/07 22-21/17 W-30/07 1 I VSL VOY SMGAPORE/C
      372 words
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      Page 42 Advertisements Column 1
      1370 42 P44MAC-NELS GROUPAGE I NVV-HPENANG: (04) *****6 SIBU: (064) *****9 KUCHINQ: (062) *****3 > 'P.KELANQ: (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 5/7 6/7 7/7 Cburg/Chagcn/SlMim/Oslo 11/7 Klang 5/7 6/7 7/7 Auckland/Wlf Chratchurch Tofcyo/Kotw 6/7 7/7
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      Page 42 Advertisements Column 2
      236 42 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM ML ITT m PROSPECT lIS 9/7 21/7 23/7 9/1 N Z STAR ¥0524 17/7 29/7 31/7 17/1 PREMER VISS 21/7 9/1 11/1 2t/S FULLY CONTAINERISED SAIUNOS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING PCL It LCL FOR NEW PLYMOUTH,
      236 words
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      Page 42 Advertisements Column 3
      1041 42 THONG SOON UNES PTE. LTD. 77 ROBHSON ROM) #15-00, #18-00 SM BULDVK SMGAPORE 0106 TEL: *****8S FAX NO; *****11, *****22 TLX: IB ***** CAREER, US ***** ENHOL CABLE: TOSOCO SINGAPORE TO WEBT MALAYSIA SINGAPORE TO WEST MALAYBIA VESSEL |W [ETA [MCT IESSa Iff! ISWRE |P. KBAW KIM SOON LI 61/92E
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      410 45 TIDES AND WEATHER TODAY'S Tines (Mrtit in metres) |O*OONOINOaMOJNOMOOSMOONO7NOMOOMOIOMIINI2MI3NI4MI9NUNI7M!BMI9N2ONnNaMaN JR 14 3.1 2.6 2.0 1.3 0.7 0.4 13 0.3 06 12 1.9 2.3 2.5 2.5 2.2 1.7 12 0.9 0.9 1.1 13 22 19 PP 12 30 2.6 19 1.2 0.7 01 0.1 0.1 0.4 1.1 1.9 2.3 2.5 2.4
      410 words
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      Page 46 Advertisements Column 1
      403 46 ==r i WJW LIAN HUAT SHIPPING CO (PTE) LTD. 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines) Fax: *****94 Tlx: RS ***** AB LENHUAT Daily receiving cargo at Pasir Panjang Terminal PT4 Tel: *****97 NEW ROUTE TO MYANMAR (TANGON) FULLY CONTAINERISED SERVICE VESSEL ETA ETD DESTINATION
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      Page 46 Advertisements Column 2
      356 46 i.COSCO UKC COWVPmOWAL SEWVIC* VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/06 Rotterdam/Antwerp gMft fIBMBMt service VESSEL PKL PNG P.O. LOADING FOR: QtNG RONG 12/07 Guangzhou/Hoangpu EXPORT TO: CtSNA/BANQK OK/HONGKONG EUROPe/CONTMENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned services to China Ocean Shipping Co
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      Page 46 Advertisements Column 3
      307 46 I Consolidation pnacnwn Te1!*****88 ■W "rr 3 1 Fax: *****83rM8MHW I |Afl SKH DISTRIPARK PTE LTD 77 Robinson Road «IS-02 SU Building, Slngapors 0106 SkKroore Tsfc *****79 Fax; *****82 Tbc RS *****SKHNVO Johoreßsru T* 07-*****8 Fsjc 07-*****2 Port Klanq Tat 03-*****33 Fax: 03-*****91 Penang Jakarta Surabaya Bangkok Manila Hong Kong
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      Page 46 Advertisements Column 4
      57 46 OCEAN LINES SINGAPORE SINGAPORE COLOMBO FCL/LCL FREIGHT COLLECT AND PREPAID ARE WELCOME Wi also accept cargo lor otter destination worldwide Co-loaders Are Welcome MMPORfc Tit 542 7033 Fk 545 4827 Mm let 744 8330 F®c *****55 Bnx» Tit 447 2667 Fk *****12 Ricky COLOMO: T«t *****3M***** Fk *****5 Mujnb JMW:
      57 words
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      Page 47 Advertisements Column 1
      1079 47 supping TUMSf rnursony Miy z iwz IA HYUNDAI I MERCHANT MARINE CO. LTD. »VW FEEDER PACIFIC SOUTH-WEST SERVICE m* w pgr ar to usa not I mo lbh m oh/hoii ob slu htc 30/0$ 24/00 21/00 03/07 H. nOKEI SOI 10/07 27/07 30/07 30/07 31/07 31/07 02/01 07/07 01/07 03/07
      1,079 words
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      Page 47 Advertisements Column 2
      409 47 SPECIALIST M RO-RO I HEAVY UFTS INBOUND VESSELS una m n ue u cmk aura it u UMM Ml Man 4/7 NUA NM I l/l 1/1 ■ecus t t/i u/7 TIMS Mil 41 11/7 It/7 Ml IS/7 cmk nan is u/i tsn itiflMun y, g OUTBOUND VESSELS LOAPH6 FPU OSA/YOKO
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      Page 47 Advertisements Column 3
      764 47 SERVICE CALLS SINGAPORE Irl IlLp. LlAllLttfttm SESir: I 881 BMW jBJBB |H/BI [MUBiIOB CMW [1.1110 SjW| li/BB|IMB[It/BB tf/BB 11/W |S/W |WWjH/W| •s. MWI |tJK 111/BB |mWNWT |fJBg3 Ull/W H/BB|ByBB|BVW [81/BB [iVBB |BVBB|BB/B^ MM |IM |ww |aiMMcum {(-LXZZ7I W-M/H 21/M|M/W|WH|MM|im>|M/I*|*l/U|K/M| ARRIVE EVERY TRANSIT mmmm fiZ F55 |umm mm —|««a a-nm ri/u|
      764 words
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      Page 47 Advertisements Column 4
      129 47 V V BINTAN6 HAS SHIPPING PTE. LTD. £:j 39 NEK. ROAD SMGAPORE 0208 TEL: ***** M TLX: R*****5 StNMER Z FAX: *****64 "'.V «cctm ram or 4 CMGO rf« OCSTMTONS *10*T MH VIS h ft« M Mm LAW. BMTMK KUT ¥1* o}#4 M IMI M Mil IM. OM mean run
      129 words
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      Page 48 Advertisements Column 1
      117 48 INVESTMENT Every Saturday in Business Times 'v*v "v •>Vv• v >\ 'p. K .<■ t S-wS :rv<.v v ;•> v 85* v; j<: k > 1 I te vggm mivir-®tpii INtiil ft p '>' SSlft PS|® .-J I sf c -■•><< x& v v- k"< Kl SOME OF OUR TOP
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      Page 48 Advertisements Column 2
      9 48 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times I
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