The Business Times, 14 July 1992

Total Pages: 48
1 48 The Business Times
  • 16 1 Business Times MITA (P) 35/12/91 Tuesday, July 14, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*
    16 words
  • NEWS SUMMARY
    • 68 1 JERUSALEM Yitzhak Rabin, taking over as Israeli prime minister yesterday, has offered to go to the capitals of his Arab enemies in search of a breakthrough in Middle East peace. Mr Rabin, replacing hardline prime minister Yitzhak Shamir, said in a speech just
      68 words
    • 64 1 KUALA LUMPUR Malaysia will not recognise the automatic succession of the Federal Republic of Yugoslavia to the seat previously held by the Socialist Federal Republic of Yugoslavia in the Non-Aligned Movement. A Foreign Affairs Ministry statement yesterday said this was in line with the
      64 words
    • 28 1 NEGOTIATIONS on Indonesia's new projects will need to be speeded up if the country is to avert an electricity crisis, say industry experts. Page 2
      28 words
    • 33 1 THE GRADUATION of Singapore from the European Community's Generalised System of Preferences scheme is likely to be gradual over the medium to long term, says an EC official Page 2
      33 words
    • 29 1 INSURERS are likely to pay at least S3 million in claims arising from the Sembawang Shipyard fire tragedy, say insurance managers and brokers Page 2
      29 words
    • 33 1 IN SPITE of the political violence in Thailand in May, most key private and public institutes are making surprisingly bullish forecasts for the short-term outlook for the economy Page 6
      33 words
    • 36 1 RUSSIAN President Boris Yeltsin has promised to slash government deficits and cut inflation nearly in half by the end of this year in return for a US$l billion (SSI.6 billion) loan Page 7
      36 words
    • 34 1 P&O Containers' £180 million investment in four new containerships two years ago has appreciated by 30 per cent even before the carrier has taken delivery of all the vessels. Shipping Times Page 1
      34 words
  • MARKETS SUMMARY
    • 26 1 WALL STREET shares opened higher yesterday, with the Dow Jones Industrial Index gaining 6.46 points to 3,337.02 in the first five minutes of trading.
      26 words
    • 28 1 LONDON share prices were lower at midday yesterday. With 142.5 million shares traded at 1100 GMT, the FTSE 100-Share Index was down 7.4 points at 2483.4.
      28 words
    • 36 1 SOME confusion has arisen in the stock market over whether Overseas Union Bank has hit its 40 per cent foreign shareholding limit, and this may have proved costly for some investors. Page 3
      36 words
    • 19 1 CHINA has approved the Wharf group's plan to transform the heartland of the country Page 3
      19 words
    • 23 1 BANGKOK BANK president Chatri Sophonpanich will step down from his post by the end of this year Page 4
      23 words
    • 22 1 AMERICAN lawmakers and analysts are anticipating massive new bailout costs for financial institutions following the November presidential election PageS
      22 words
    • Article, Illustration
      29 1 Monday Change BT-MGA 716.20 +0.17 Kuala Lumpur ...616.08 +4.51 Tokyo 17.201.73 -418.01 Hongkong 6.085.85 +104.49 Sydney 1.638.9 -5.5 Friday Change New York 3.330.56 +6.48 London 1.903.7 -10.2
      29 words
    • 23 1 Exchange rates USS SS 1.6115 100 Yen SS 1.2882 MS SS 0 6450 Money market rates Overnight 3/4 -3/8 3-montn 2-3/16% -1/16
      23 words
    • 36 1 London Gold AM fix USS348.90 USS0.15 Rubber S'pore Aug I43.00*/kg +0.75 M'sia Aug 220 '/kg unch KL Tin Turnover 20 tonnes -24 Spot MSI7.39/kg -0.20 Crude palm oil Turnover l.853lo<s -35 Jul MS896 /toflne -24
      36 words
  • 542 1  -  Despite PC price war and lower margins, higher orders expected By Claire Leow, Joseph Rajendran SINGAPORE The aggressive price war now raging in the personal computer (PC) industry is posing yet another headache for Singapore's disk-drive makers, the barometer of the electronics industry
    542 words
  • 294 1  -  News boosts Hang Seng index by 104 points From Catherine Ong in HONGKONG CHINA will pay HK53.39 billion (SS7O6 million) for a 10 per cent stake in Hongkong's flag carrier. Cathay Pacific Airways, in a deal which sparked a buying frenzy in the
    294 words
  • 213 1  -  By Quak Hiang Whai SINGAPORE HSBC Holdings pic, which took control of Midland Bank last month, is raising £450 million (SSI.4 billion) through the largest ever unsecured Euro-sterling bond issue. Proceeds from the 10-year bond issue will be used to part-finance the takeover of Midland
    213 words
  • 511 1  -  By Dexter Lee SINGAPORE Greek national carrier Olympic Airways has dropped Singapore in favour of Bangkok as the stopover for its flights to Australia. Olympic Airways, which had been offering a twice-a-week service between Athens and Australia via Singapore since 1984, downgraded Singapore
    511 words
  • 413 1  -  From Leslie Lopez in Kuala Lumpur AFTER wresting control of Malaysia's premier gaming operator Magnum Corp Bhd two years ago, tycoon Lim Thian Kiat is bracing himself for another gamble. His group is holding talks with Chinese government officials to secure exclusive rights
    413 words
  • 103 1 SINGAPORE OCBC Bank yesterday announced a quarter-point cut in its prime lending rate to 5.S per cent. The cut takes effect today. Pace-setting DBS Bank cut its prime lending rate to 5.5 per cent last month, a move that was expected to spark off the
    103 words
  • Page 1 Advertisements
    • 184 1 Nikon The World s Finest Photographic System. Arcraft Schedule 27 lakarta Bangkok Stocks 22 TV ft Rad» 10 Commodities 26 KLSt 21 Urot Trusts 19 Company News 3.4 Money Changer Rates 27 Weather 27 Cryptic Crossword 27 Money Market 25 World News 7 Editorial 8 Regional News 6 Fmancial News
      184 words
    • 11 1 Hock Lock Siew: UIC gearing-it's cash flow that counts, Pg 3
      11 words
    • 268 1 Bracing for rough ride, Pg 2 Siemens, Toshiba, IBM to develop super-chip, Pg 4 HISTORY IN TIME Nmhm Cfermtcmt fMulr m Isa geU, aMJ< wunirW «#pfc* orjimt Mr* >rutM JO m tt«W ZWr Ni Amio"t*ru aot poa*r mrrut. imjl mum/ tmd 4m mMcour lscl gaU or Kmi/foU Alto rumtUhU wak
      268 words
    • 1 1 l|
      1 words

  • PAGE 2 NEWS
    • SINGAPORE ROUNDUP
      • 102 2 SINGAPORE has concluded an Air Services Agreement with ttye Lao People's Democratic Republic under which each coyntry's airline will operate three weekly services immediately. The agreement imposes no upper limit on the number of flights that can be made, allowing the airlines to
        102 words
      • 108 2 NTUC COMFORT yesterday announced a pre-tax profit of $18.7 million for 1991, an 89.8 per cent improvement on 1990. Disclosing the figure at the 20th annual general meeting, the chairman of the board of trustees, Mah Bow Tan, who is also Communications Minister, said the
        108 words
      • 84 2 A BED that doubles as gymnasium equipment. Fire shutters, industrial doors, security grilles, pet care products and computer control systems for concrete mixing machinery. A delegation from the Bristol Chamber of Commerce and Industry is in town to seek local agents and distributors for
        84 words
    • 409 2 SINGAPORE The number of professionals in the information technology (IT) se«tor has grown steadily by 20 per cent annually since 1984, reaching 14,000 last year, latest figures from the National Computer Board (NCB) show. At this rate, there will be enough fresh blood
      409 words
    • 629 2 This will avert an electricity crisis, say experts FT LONDON Indonesia has taken the first steps towards private participation in its power sector. But industry experts say negotiations on new projects will need to be speeded up if the country is to
      FT  -  629 words
    • 339 2  -  By Soh Tiang Keng SINGAPORE Insurers may have to pay at least $3 million in claims arising from last Sunday's Sembawang Shipyard fire, according to preliminary estimates by managers and brokers. They reckon that workmen's compensation payouts to victims and families could
      339 words
    • 275 2  -  By Helen Chang SINGAPORE More help is on the way for local companies. as the government upgrades existing schemes to help them expand overseas. Details of the plans are expected to be announced by the Deputy Prime Minister and Minister for Trade and
      275 words
    • 277 2  -  By Schutz Lee SINGAPORE There will be no "drastic" decision involving Singapore when the European Community completes its 10-year review of its Generalised System of Preferences (GSP) at the end of the month, an official at the EC mission in Jakarta
      277 words
    • 493 2 SINGAPORE Component suppliers to Singapore's disk drive makers have reported strong orders in the past few months but are uncertain about the outlook for the second half of this year. A local company which supplies flexible circuits to disk drive maker
      493 words
    • 290 2 SINGAPORE Disk drives may eventually be replaced by flash cards as memory devices for computers, pundits say. And moves by two world leaders in disk drive manufacturing would seem to back this view. IBM and Conner Peripherals have each started developing flash cards with
      290 words
  • Page 2 Advertisements
    • 52 2 SUM SIBERIAN G|HSENGFOR LIFE'S UTTLE UPS SMMOa. f gottiog to grips with lift to btcowiig i rt*l itraw, it's tit to rtKh wrt for Sw Sitriw Gfc—f. Btco9Mitd for its restorative IHNH and therapeutic qualities Sun Siboriaii Giaseag is idoal for rodacinf stross aad tensioa. Grab a pack today, call
      52 words

  • COMPANY NEWS 1
    • 550 3  -  Bank statement suggests limit is not at the level previously thought By Amy Balan SINGAPORE Some confusion has arisen in the stock market over whether Overseas Union Bank has hit its 40 per cent foreign shareholding limit, and it may have proved costly for
      550 words
    • 643 3 Sunday Morning Post HONGKONG In a multi-billion-dollar bid to leapfrog the booming south coast cities of the mainland, the Wharf group has obtained Beijing's blessing for a plan to transform the heartland of China. Wharf has already signed a
      Sunday Morning Post; Source: Sunday Morning Post  -  643 words
    • 543 3  -  THE HOCK LOCK SIEW COLUMN By Lee Han Shih SINGAPORE Recently a report made its way round the stock market defending the debt position of United Industrial Corporation. It argued that UIC is not as "debt-ridden" as people make
      543 words
    • 386 3  -  By Shoeb Kagda SINGAPORE Chief executives in Singapore and Malaysia believe that a company's dividend policy does affect its share price. Most of them also agree that paying dividend is an important corporate decision, despite the seemingly light treatment it receives at the
      386 words
    • 252 3 SINGAPORE The independent directors of Boustead pic have unanimously recommended Boustead shareholders to accept book retailer Jack Chia-MPH's £14 million (Ss43 million) takeover offer. In a letter to shareholders. Boustead chairman Thomas Macpherson said: "The independent directors believe that the weighted average price
      252 words
    • COMPANY BRIEFS
      • 79 3 KUALA LUMPUR Idris Hydraulic (Malaysia) Bhd has explained that its M 516.2 million profit for the year ended Dec 31, 1991, short of the forecast MS 17.9 million, was due to poorer than expected pre-tax profit of subsidiary Kewangan Usaha Bersatu Bhd. Its pre-tax
        79 words
      • 63 3 KUALA LUMPUR Shareholders of Mulpha International Bhd have approved the company's proposed special issue of redeemable convertible unsecured loan stocks (CULS) to a bumiputra investor, Sutera Bakti Sdn Bhd. They have also approved the establishment of an employee share option scheme and listing of the new
        63 words
      • 35 3 KUALA LUMPUR Chua Sin Han, a director of Mancon Bhd, has since June 22 bought on the open market 300,000 Mancon shares at an average of M 56.25 (554.05) a share.
        35 words
      • 75 3 KUALA LUMPUR Tajo Bricks Bhd has bought out the remaining 26 per cent share in Tajo Construction Sdn Bhd,' belonging to Chua Keng Hong for M$ 108,030 (5569,679). The purchase price for the 13,000 shares was negotiated on a willing-buver-willing-seller basis after taking into account the construction
        75 words
    • COMPANY BRIEFS
      • 78 4 LONDON Hanson pic is more likely to look at building its core businesses through acquisitions in Britain and-the United States rather than continental Europe, the conglomerate's chairman Lord Hanson was quoted as saying in an article in yesterday's Financial Times. Mr Hanson said that
        78 words
      • 66 4 ANKARA Turkey's Birlesmis Muhendisler Burosu As (BMB) was scheduled to sign a US$ll.7 billion (S$ 18.9 billion) deal yesterday to operate four oil fields and set up a thermal power station with capacity of 1,350 megawatts in .Kazakhstan. The four oil fields have total reserves
        66 words
      • 83 4 LONDON Industrial holding company BTR pic said its wholly-owned US unit HS Power II Inc has sold its interests in Richmond Power Enterprise (RPE) to Enron Corp's Enron Richmond Power Corp for US$l5.4 million (5524.8 million). Enron Richmond has assumed all liabilities relating to RPE's bank
        83 words
      • 75 4 SYDNEY Australian Trade Minister John Kerin (left) witt Jaafar Ahmed (second from left) of the Malaysian Miking Co Bhd, Ron Hawkes of Plutonic Resources Ltd (second from right) and Malaysian International Trade and Industry Minister Rafldah Aziz seen here after the signing of a
        75 words
      • 76 4 JAKARTA Jakarta-based PT Lippo Land Development (LLD) is offering convertible bonds worth 30 million Swiss francs (5535.9 million) on the Swiss capital market, the Jakarta Post daily said here yesterday. Swiss Bank Corp, ona?of the three largest banks in Switzerland, was acting as the'leader in the
        76 words
      • 30 4 BANGKOK Thailand's Securities and Exchange Commission has given Muramoto Electron (Thailand) Co a preliminary approval for a listing on SEC. Muramoto manufactures and distributes electronic products.
        30 words
      • 42 4 BANGKOK The Thai Cabinet-appointed committee studving ways of implementing the Skytrain project is likely to recommcnd that the government invest in the project itself, the Bangkok Post reported, quoting National Economic and Social Development Board secretary-general Pisit Pakkasem.
        42 words
    • 418 4 Current office-holder to be promoted to executive chairman BANGKOK Bangkok Bank Ltd (BBL) president Chatri Sophonpanich has decided to step down from his post by the end of this year and will be replaced by Vichit Surapongchai, according to a Bangkok
      418 words
    • 334 4 Reuter ABU DHABI The United Arab Emirates (UAE) needs to establish an official stock market and sell off government shareholdings to breathe new life into share trading and attract investment, brokers and economists say. Like other oil-rich Gulf Arab neighbours, the
      Reuter  -  334 words
    • 251 4 AFP, AP, Reuter MUNICH Siemens, Toshiba and IBM yesterday announced an unprecedented cooperation programme to develop and produce the "electronic chip for the 21st century". They said the "superchip" would have a capacity of 256 megabits. The German, Japanese and US groups made
      AFP,; AP,; Reuter  -  251 words
    • 534 4 MARKET TALK Reuter NEW YORK The US stock market is likely to take a break from its recent rally as investors watch the upcoming Democratic Party convention and reassess the prospects for the November presidential election, analysts say. The convention, which began yesterday
      Reuter  -  534 words
    • 349 4 Reuter KUWAIT Kuwait's main investment body has responded to charges that it has mismanaged a multi-billion-dollar investment portfolio in Spain by leaking a lengthy defence of its actions to the official Kuna news agency. An "official source" at the Kuwait Investment Office
      Reuter  -  349 words
  • Page 3 Advertisements
    • 120 3 I IN THE MARKET RAGES Nikkei soars above 17,000 22 •KL stocks shine in S'pore 17 M'sia hits 5-month high 21 (MS THE BEST OF PATEK PHILIPPE Since the establishment ability. Water-resistant to 60m. of Sincere Watch in 1954, we gold/steel. Truly, have worked hard to maintain £jJL a watchmakers
      120 words

  • Page 4 Advertisements
    • 337 4 Dot*: August 17-21.1992 Pees: *****0 SIM members/*****0 non-members The creation of a worldclass organisation for the 90s and beyond requires a vision and market-driven execution with attention to quality and speed of response to the customer. Organisations that are successful will not only be leaders in the development of these
      337 words
    • 128 4 Spices We Throw In Freshness. j||l n Faithful to traditional Teochew culinary art, our chefs at Hung Kang Teochew v Restaurant do not use spice excessively to bring a dish to taste. Preferring instead to insist on up-to-the-minute-fresh ingredients to bring out the true taste of our food. And to
      128 words
    • 3 4 Editorial, Pg 8
      3 words

  • FINANCIAL NEWS
    • 523 5 Reuter WASHINGTON Is a second disaster looming for the United States banking and thrift industries? Some US lawmakers and analysts are now talking of a December or January surprise, when regulators may have to admit to massive new bailout costs
      Reuter  -  523 words
    • 564 5  -  THE SANG KANCIL By Quak Hiang Whai The Sang Kancil weekly column tracks the profit/loss of a US$5O,OOO live account set up by futures house Refco. Relying on both technicals and fundamentals, the account will trade in currency, interest rate, commodity and stock index
      564 words
    • SMALL CHANGE
      • 66 5 BANGKOK Thai Airways International Ltd has scheduled a tender for Friday for five billion baht (*****.5 million) in Thai promissory notes which it aims to borrow from Thai banks and finance companies. Banking sources said Thai Airways wants to gauge local reception to its
        66 words
      • 37 5 SEOUL The Export-Import Bank of Korea has won Seoul Finance Ministry approval to set up a wholly-owned subsidiary in London, a ministry official and a bank spokesman said in separate statements yesterday.
        37 words
      • 67 5 SYDNEY Queensland Treasury Corp (QTC) said it has issued Asl4o million (SSI6B million) of 12 per cent coupon March 15, 1995, bonds at a weighted average yield of 6.697 per cent. A QTC spokeswoman said this was 10 basis points above the yield on April 1995
        67 words
      • 38 5 KUALA LUMPUR Bank Negara's gold and foreign exchange and other reserves, including special drawing rights, rose to M 536,132.91 million (5523,305.72 million) as at June 15, 1992 from M 536,050.65 million a fortnight earlier.
        38 words
    • 296 5  -  S'pore office among top five performers in region;; By Shoeb Kagda SINGAPORE Chase Manhattan Corp yesterday announced a 45 per cent increase in operating income in the Asia-Pacific for the second quarter of this year. "Tlie Asia-Pacific continues to be one of the strongest growth
      296 words
  • Page 5 Advertisements
    • 137 5 \K *^hL MV JmmQTaJ^^H SILKAIR NOW MAKES IT EASIER THAN EVER TO GET TO THE HEART OF INDONESIA'S CAPITAL. FLIGHTS LEAVE FOR JAKARTA AT 900 AM, 2 30 PM AND 715 PM EVERY DAY IN ADDITION. YOU NOW HAVE THE CHOICE OF TRAVELLING ON OUR EXCLUSIVE BUSINESS CLASS. EVEN BEFORE
      137 words

  • THE REGION
    • NOTE BOOK
      • 103 6 CANBERRA The growth in Australia's tourism industry will create 209,000 more job opportunities for the unemploy-ment-stricken country in the next eight years. The industry will witness a 4.6 per cent growth in its workforce by the year 2000, three times the rate expected
        103 words
      • 113 6 BEIJING China, in an apparent prod to its radical Cambodian ally the Khmer Rouge, has lent its support to the disarmament phase of a UN-brokered peace plan which has run into trouble. "China supports the second phase of the ceasefire in Cambodia and its implementation (as)
        113 words
      • 65 6 MANILA The Philippines' gross international reserves rose'to U554,137 billion (556.66 billion) in June, 1992, up 18 per cent from the US$3.5l billion posted in the same period in 1991, the Central Bank said here yesterday. The reserves were boosted by increases in the amount of foreign
        65 words
      • 59 6 KANGAR Malaysia will remain a major rubber producer, even though total acreage under rubber will be reduced by the year 2000, the Rubber Industries Smallholders Development Authority (Risda) said yesterday. The country had a capacity to produce 1.8 million tonnes of rubber a year at
        59 words
      • 78 6 PERTH Big potential for increased trade with China has been identified by a senior member of a Western Australian delegation now touring the country. China was especially interested in medium-scale joint-venture agreements with Australian companies, said the leader of the Western Australian National Party, Hendy
        78 words
    • 360 6 Reuter CANBERRA Australian Prime Minister Paul Keating is losing popularity, with fewer voters seeing him as intelligent and capable as recession maintains its grip. Mr Keating's waning image was reflected yesterday in a Morgan Gallup pol l which showed that his Labor government would
      Reuter  -  360 words
    • 281 6 Reuter WELLINGTON New Zealand Prime Minister Jim Bolger chided major industrial nations yesterday for failing to tackle world trade problems and singled out France for particular criticism. Mr Bolger told a news conference he was disappointed with the failure of Group
      Reuter  -  281 words
    • 343 6 AFP HONGKONG Moves by the Hongkong government to curtail speculation have begun to affect short-term speculators, but residential property prices have still increased by as much as 20 per cent so far this year. Higher stamp duties and pressure on banks
      AFP  -  343 words
    • 562 6  -  Taking stock of the regional economies From Andrew Cooke in BANGKOK AS THE shock waves from May's bloody political violence spread through the Thai economy, most key private and public institutes are making surprisingly bullish forecasts for the short-term outlook for the economy. Among
      562 words
    • 339 6 AFP PHNOM PENH Inflation in Cambodia is running at about 100 per cent annually, according to a United Nations report yesterday. The rate was estimated from a consumer price index of goods in the Cambodian capital, and does not accurately reflect the rate elsewhere
      AFP  -  339 words
    • 106 6 DAM BULLA, Sri Lanka Policemen keeping watch on about 10,000 farmers, students, monks and priests who had made their way along a jungle path to a lake in central Sn Lanka last Sunday in protest against plans to build a luxury hotel there. The protesters, mostly
      106 words
    • 313 7 Four public holdings to be sold to cut budget deficit AFP ROME In an attempt to cut Italy's national budget deficit, the government has announced a major privatisation programme worth more than US$5O billion (5580.5 billion), which took effect from yesterday. The sell-off of four
      AFP  -  313 words
    • 424 7 Reuter JOHANNESBURG Deadlock in South Africa's democracy talks has fuelled growing concern that a power struggle between political leaders could turn its sanc-tions-ravaged economy into a wasteland. That, in turn, would undermine prospects for any peaceful transition to non-racial democracy, say commentators.
      Reuter  -  424 words
    • 347 7 AP WASHINGTON Third World countries are especially hard hit by the heavy environmental damage mining causes throughout the world. Worldwatch, a private environmental group, published a 53-page study last Saturday that says mining and smelting generate 2.7 billion tonnes of waste
      AP  -  347 words
    • 462 7 AP WASHINGTON Russian President Boris Yeltsin has promised to slash government deficits and cut inflation nearly in half by the end of this year in return for a US$l billion (Ssl.6 billion) loan, said a senior international monetary official. Mr Yeltsin's July 5
      AP  -  462 words
    • WORLD WATCH
      • 66 7 BEIJING The World Bank made a record U552.55 billion (SS4.I billion) in loans to China during the fiscal year ended June 30, an official Chinese news report said yesterday. The loans are being used in 19 projects to develop China's power industry, railways, highways, sanitation
        66 words
      • 73 7 BAGHDAD Iraq uiged foreign banks on Sunday to release its frozen assets so it could buy badly needed food and medicine. It said it was taking court action against the Swiss-based Bank for International Settlements. "Security Council Resolution 687... permits Iraq to use its
        73 words
      • 38 7 AMMAN Germany and Jordan signed two agreements on Sunday under which debt-burdened Amman will get 37 million marks (SS4O million) in commodity loans to support the country's trade balance, an embassy spokesman said.
        38 words
      • 57 7 BUENOS AIRES Argentina will stick to free market policies despite mounting social demands, Economy Minister Domingo Cavallo said in interviews published on Sunday. President Carlos Menem's administration faces pressure from teachers and pensioners seeking higher pay and provincial governments that disagree with its policy of decentralising
        57 words
  • Page 6 Advertisements
    • 108 6 i ,*XJ' ,5 i g ,-y Ji. After a hard day in the business jungle, you may like to talk to our headhunted *51 s v i." -t c js i» -'i I ;t- < fc w v*• i ::g,,; .-ji.•; i. There'i oo better b«K for adventure in the
      108 words
    • 143 6 HPI IVID A"®® W IVlDAias: IMfcersity of Strathclyde 9th Intake by distance learning The Strathclyde's MBA is one of the longest established courses and is regarded as being the top league of British MBA programmes. The Economist Guide to British and European Business Schools describes Strathclyde as being innovative and
      143 words

  • Page 7 Advertisements
    • 180 7 Over 80% of the most prominent figures in banking count on our computer solutions. processing systems. But the buck hardly card processing systems and we've put our surveys in Taiwan or that all of Japan's top stops there. banking customers at least a year ahead of ten banks, all of
      180 words

  • 425 8 EDITORIAL BY PICKING Senator Albert Gore as his running mate, Democratic presidential aspirant Bill Clinton has elevated his candidacy from a likely also-ran into the strongly-in-the-running category. Even though the choice makes nonsense of the traditional arithmetic of balancing the ticket by geography and generation, it has
    425 words
  • WHAT THE OTHERS SAY
    • 170 8 MOUNT ELIZABETH Hospital's decision to stop all sex-change operations calls into question what society's attitude towards transsexuals should be. It i$ significant that the government, which leans towards conservatism in matters concerning sex, has liot thought fit to proscribe these operations. Sexchange operations are legal here. More
      170 words
    • 188 8 Road bullies beware! THE CHIEF JUSTICE'S verdict of one year's jail and three strokes of the cane imposed on a road bully recently will serve as a strong warning to would-be road bullies who might think that they can beat up other road users on the slightest provocation for the
      188 words
    • 154 8 THE Singapore Chinese Chamber of Commerce and Industry (SCCCI), the Singapore Federation of Chinese Clan Associations and the Chinese papers in the Singapore Press Holdings group have announced two significant fund-raising activities for the Chinese Development Assistance Council (CDAC). We have reason to believe that these
      154 words
  • REGIONAL VIEWPOINTS
    • 181 8 IN LOOKING to the West for technological knowledge, youths must not be vulnerable to the drug culture, the "me-generation" mentality and the do-your-own-thing mindset. They must possess the wisdom to choose wisely and correctly. In order to make the right decisions in life, they must be able to
      181 words
    • 153 8 DO THE PAS leaders in Kota Baru really think that the federal government will succumb to these acts or be otherwise adversely affected by them? It is the state government's own image that is being sullied, it is the image of Kelantan itself especially as a
      153 words
    • 173 8 TODAY, in detention centres throughout Shenzhen, hundreds of Hongkong citizens will wake up to another day of enforced confinement in what are called "re-education centres." They have not had the luxury of a trial. They have not had access to a lawyer. There were no "outside observer" when
      173 words
  • 1050 8  -  Although Japanese companies say they want to reduce product churning, Christopher Lorenz wonders if action will follow the statements Christopher Lorenz FT IF THE pronouncements from Tokyo over the past six months were to be believed, one would think that Japanese industry was about to drop one
    FT  -  1,050 words
  • Page 8 Advertisements
  • Page 8 Miscellaneous

  • ANALYSIS
    • 961 9  -  Jackie Sam discusses the difficult path ahead for the new Hongkong governor in the transfer of sovereignty to China Jackie Sam The writer is a Hongkong-based political consultant SPECULATION about what new governor Chris Patten will do, or will not do, continues.
      961 words
    • 1424 9  -  The World Development Report 1992 is not apologetic about development, and wears a brand new environmental hat, reports Nirmal Ghosh Nirmal Ghosh Environment is the flavour of the month or rather of the year at the World Bank, once every environmentalist's favourite whipping boy.
      Source: World Development Report 1992  -  1,424 words
  • Page 9 Advertisements
    • 76 9 In Kuala Lumpur, the promise of Shangri-La is now even more inviting. From now until 31 August, you can reserve a room at the Shangri-La Kuala Lumpur on a special promotional offer. The offer includes a number of gracious extras, to make Kuala Lumpurs top hotel even more attractive. Simply
      76 words

  • Page 10 Advertisements
    • 876 10 Nothing Beats A BucL 1119 WHERE T0 W,NE D,NE or —^——P MfTfi nuime&jf SUNDAY TEMPTATIONS Every Sunday, Nutmeg's brings to you exquisite culinary surprises, fine wines and champagnes and the relaxing chords of our jazz musicians. Seafood delicacies, Sunday favourites, local specialities and even a touch of American. await the
      876 words
    • 337 10 THE PINE COURT Amidst Imperial splendour, our chefs stage their highly acclaimed performance >' rjHrf of legendary Beijing cuisine to the satis- JC. faction of demanding diners.To guarantee 'Vf-Wji your place amongst the discerning, make \1 your reservations early. Cl«i 1' ">4 N C W Lunch 12pm to 2.30pm Im/y
      337 words
  • Page 10 Miscellaneous
    • 597 10 TELEVISION AND RADIO r M mm u r-u mm m town Bov Makes Good (See 9.30 fiado-Oado (M). I imP W/irn Our Cho.ce, Stereo). 9.00 Spodal Entertain*.* L.ve BUT ftft <k alb in VMF Rami II 1 llllv ?T (U 7 .25 rm Opening followed by Tfco 12.15 AM CteM.
      597 words

  • LIFESTYLE
    • 765 11  -  Michelle Low meets a man with an identity crisis: musician Strauss (first name Lance, not Johann) who thinks he is Elton John Michelle Low FROM somewhere down under comes a man by the name of Strauss who thinks he's Elton John, but calls himself Jack. After confusing Australians
      765 words
    • 884 11  -  Vibeke Laroi reports on a disturbing trend in the Japanese pornography business: the use of actual rape footages in videos Vibeke Laroi Reuter T 0! NO! screams I the rape .X. victim in a Japanese blue movie, feeding the fantasies of a male public which likes its women
      Reuter  -  884 words
    • 550 11 AUTHOR and film director Michael Chrichton says his best seller, Rising Sun, is not a criticism of Japan but of America in decline. 'The decline of America is happening so swiftly, and is so frightening that almost nobody will confront it ...we're in severe denial," he
      550 words
  • Page 11 Advertisements
    • 216 11 AND ENTERTAIN The Chef s Special Savour the Chef s special four-course dinner featuring an appetiser, soup, main course and dessert in the classic ambience of the Hubertus Grill A different gourmet dinner menu is available each week. ANA HOTEL SINGAPORE reservations, 16 Nas»"< M. Sngapor* 1025 732-1222 ext 1582/97
      216 words
    • 93 11 ■JSC" ■■■debutsßll Experience this sizzling Japanese encounter at NISHIKI RESTAURANT! Set meals available at unbeatable prices of $20 to 525 for lunch and £35 to $38 for dinner. For reservations, please call 3224 224/5. Our restaurant owtirfc ipricoar the public to enjoy fme dining /I t MARINA BAY GOLF A
      93 words

  • Page 12 Advertisements
    • 42 12 JMk *'i N W r ■F pii I OROUPE GET THERE FASTER ON A UTA NON-STOP FLIGHT. EVERY MONDAY. TUESDAY, FRIDAY AND SATURDAY. ffl AIR PRANCE FPU YOUR TRAVEL AKHANCIMIWH TO PARIS CAll UTA OH 717 4>S> OK Stl YOUR TRAVEL AGiNT
      42 words

  • FOCUS
    • 1205 13  -  Foreign companies are snapping up China's land-use rights, creating a property boom that is gaining momentum, writes Gene Linn Gene Linn UPI CHINA, the last major bastion of Marxism, for sale? Surprisingly enough, the answer is yes, with some qualifications. Technically, all
      UPI  -  1,205 words
  • Page 13 Advertisements
    • 193 13 ini| National University of Ireland "08 Bachelor of Financial Services Ist Intake e August 1992 Correspondence Study Programme Structure Contents The BFS Advantages 12 modules presented over 18 months as follows Directed progress, as opposed to the traditional independent correspondence mode Accounting Fimu.ce 2 eveiy three months instead of the
      193 words
    • 213 13 In the new Suzuki Vitara you can conquer mountains and cross deserts VJwJw j[! ML But you'll probably buy it for the unique styling, superb ride comfort and full range of equipment In the Vitara you sit tall in an armchair-like seat, enjoying a panoramic view of the road ahead.
      213 words

  • INNOVATION & TECHNOLOGY 1
    • 404 14  -  Jennifer Lien reports on the small but powerful Bicom which hit the shops recently Jennifer Lien A HONGKONG company is making headway with what it calls the "world's smallest and lightest notebook" and new, innovative features will be added in the coming months. ABC Computer's marketing
      404 words
    • 198 14 TRADING firm SC Johnson Son aims to increase its presence in the growing local pest-control market through its latest fly-control device, the Hygenius Electronic Flytrap. The Company eventually hopes to pose a threat to Rentokil Singapore Pte Ltd, the current pest-control market leader, with its new
      198 words
    • 231 14 HEWLETT-PACK-ARD'S (HP) Singapore Networks Operation (SNO) has signed a collaborative agreement for four research and development projects with Oki Electric Industry Co Ltd of Japan. The move is part of a broader cooperative development and consulting agreement for technology exchanges signed in April this year.
      231 words
    • TECH TAKES
      • 84 14 MOUNTAIN VIEW, CALIFORNIA Silicon Graphics Inc said last week it has formed a strategic alliance with Tata Elxsi Ltd and has agreed to buy 15 per cent of the Indian computer products concern. Silicon Graphics said it will grant Tata Elxsi a manufacturing
        84 words
      • 76 14 SEOUL South Korea's Samsung Electronics Co last week started trial production of 32-megabit mask read-only memory (ROM) chips, which the company will begin marketing early next year. The 32-megabit mask ROM is the most sophisticated of ROMs, which are used to store data permanently, a company spokesman
        76 words
      • 109 14 LONDON Researchers in the United States have caught the human brain in the act of thinking, New Scientist magazine reported last week. It said the breakthrough was achieved using a scanning technique known as magnetic resonance imaging (MRI), which works by subjecting the body to
        109 words
      • 50 14 SINGAPORE Maxinfo Communications, a public relations consultancy firm specialising in computers, has added two senior managers to its team. Geraldine Ang Yu-Lin, formerly of IBM, has been appointed client services director. Edward Lim Kee Lay, most recently of ComputerWorld, has been appointed as editorial services manager.
        50 words
    • 672 15  -  Michiyo Nakamoto discovers a new type of radio Michiyo Nakamoto FT IMAGINE having a radio in your house that would allow you to choose from hundreds of music stations and then to make your own high-quality digital recordings, much like a personalised compact disk. The
      FT  -  672 words
  • Page 14 Advertisements
    • 169 14 11 wo n't take us long to fit your office. The we to ou have all the at From the oak boardroom I them every tothesystem panels. So that have, we can whip one up where you want it (flexible literally, the only thing you'll foryou.lnprobablylesstime system furniture which have
      169 words
    • 57 14 HI MISSED ■I TODAY'S H B papers? Si Call *****77 (SPH Circulation Customer-Services Hotline) HH for assistance or a homedelivered copy daily! Tha Strait* Hm*a Barita Mtnogu Tha Sunday Tim** LianHa Zaoßao Dmin—i Tim— Lot Ha Wanßao Tha Naw Papar Shin Ifln Daly Nam* i iJi r .1,1, \AI M
      57 words

  • Page 15 Advertisements
    • 261 15 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 S 3 ou acts l^at can edge. And that's The Asian Wall make the difference between Street Journal. Every business success. And
      261 words
    • 445 15 P sum E FOR THE PRICE OF AN EXECUTIVE ROOM! Yes, vou get a suite with your own private lounge for only $340++. At an equivalent price, most other hotels only offer a bedroom and a shared Executive I>ounge. So whv settle for less when you can have more! More
      445 words

  • SPORTS
    • SIDE LINES
      • 112 16 GULLANE, Scotland Australian Open champion Wayne Riley enhanced his "Wild Colonial Boy reputation on Sun- day by sacking his caddie during qualifying for this week's British Open at Muirfield. After starting bogey-double bogey in the first of two qualifying rounds, Riley told his caddie
        112 words
      • Article, Illustration
        110 16 VIENNA, Ohio Betsy King won a four-way playoff when she rolled in an s-toot pun on me first extra hole on Sunday in the raindelayed LPGA Phar-Mor in Youngstown. The win, worth U5575,000, was King's second this year and 27th of her career. She also won the Mazda
        110 words
      • 85 16 •WILLIAMSBURG. Virginia David Peoples bogeyed three i>f his last five holes but won the Anheuser-Busch Golf Classic on Sundav when Ed Dougherty missed a 5-foot birdie putt on the final hole. Peoples, who got his first career victory in last vear's Southern Open, earned US$l9B,OOO for No
        85 words
      • 56 16 BASTAD. Sweden Defending champion Magnus Gustafsson of Sweden won his first ATP Tour event of the year on Sundav, outlasting unseeded Thomas Carbonell ot Spain 5-7, 7-5. in the final of the U*****,000 Swedish Open. "I'm back in business," said Gustafsson. a former top 10 player.
        56 words
      • 54 16 KITZBUHEL Conchita Martinez of Spain lived up to her billing as top seed by winning the U*****,000 Kitzbuhel -women's tennis tournament on Sunday. Having seen oft C ikmth Africa's Amanda Coetzer 6-1. 6-3 in the rain-dela\ed \emi-final. Martinez beat second seed Manuela Maleeva-Frag-niere of Switzerland 6-0. 3-6.
        54 words
      • 68 16 NARBONNE. France Japan's Olympic swimming team is homesick already bccause it can t get the right sort ot rice. Head coach Yoki Suzuki said: "We brought a lot ot Japanese food with us. but unfortunately not enough for every day. The main problem is the rice. It's
        68 words
    • 511 16 AP BARCELONA American Jim Courier and Steffi Grat of Germany are the likely top seeds at the Olympic tennis tournament, but Spanish siblings could sweep the singles golds. Missing will be three of the world's top four players: Martina Navratilova. Gabriela
      AP  -  511 words
    • 477 16 Tour de France AP. AFP KOBLENZ, Germany Belgian Jan Nevens edged out Denmark's Jesper Skippy by three seconds on Sunday, winning the eighth stage of the Tour de France while the race favourites jockeyed for position heading into an individual time trial.
      AP.; AFP  -  477 words
    • 290 16 AP FRANKFURT Fresh from her fourth Wimbledon win. Steffi Graf has returned to lead Germany's drive for the Federation Cup for the first time since 1987. The 32-nation tournament. the women's version of the Davis Cup. began yesterdav with Germany seeded No* I.
      AP  -  290 words
    • 632 16 AP SILVERSTONE, England Soccer-style crowd trouble hit Formula One auto racing on Sunday as Nigel Mansell's triumph at the British Grand Prix sparked a invasion of the track while the race was still going on. Hundreds of British fans among the 150,000 spread around
      AP  -  632 words
    • 627 16 AP GULLLANE. Scotland Ben Crenshaw tells the story. "We were standing there, heads down, like a couple of schoolboys in the principal's office." Crenshaw recalled. In the 10 o'clock twilight of a summer day 12 years ago. Crenshaw and co-con-spirator Tom Watson were
      AP  -  627 words
  • Page 16 Advertisements
    • 46 16 THE GRAND COMPLEX A NEW ZEALAND PROPERTY INVESTMENT Long term leases. Secure income including BNZ and NZ Government tenants. Core CBD Wellington. 344,000 sq ft. Price NZssB.sm or NZ$l7O psf. 10% Return. INTERESTED?Video and investment report available. Contact: Jimmy Lee Telephone: 223 2323 Fax: 227 7225
      46 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3608 17  -  By Genevieve Cua MALAYSIAN counters and lowerpriced second-liners took the spotlight yesterday as selected blue chip shares lost ground on poor market sentiment. The key Straits Times Industrials Index opened at 1,487.05, but slipped steadily in the coursc of the day despite a
      3,608 words
    • Article, Illustration
      74 17  -  By Quak Hiang Whai Comment SINGAPORE LAND has been moving down towards the $5 mark, which has provided solid support for two years. The daily stochastks and 13-day RSI appear to be reversing upwards from near zero white its weekly stochastics is building up. A cross-over from the
      SOURCE: BRIDGE INFO  -  74 words


  • 3287 19 H Leong Ind 50« 540 40 8.0% Leader U 610 +20 +3.4% Magnum Corp 50* 525 20 4.0% Dunlop Est CULS 205 +19 +10.2% Choc Prod 50« 77 +13 +20.3% Dunlop Est 209 +10 5.0% Esso 50« 424 8 +1.9% M Cement 50" 260 +8
    3,287 words
  • Page 19 Advertisements
    • 118 19 You don't have to be a Teleview subscriber to WIN! lJiw I Enter the SPH Shine Olympics Contest at Comcentre 2. If you're a Teleview user, just Our questions will be changed key into Teleview page *4120#. weekly -so the more times you If you're not, come down to enter,
      118 words

  • BT SHARE INFORMATION SERVICE
    • 255 20 Cwpwy Date Year Greap Net Minhpfimi ana 'to profit/loss (L) per share dhrtdead (*•00) (cents) GB Wdgs JullO Mar 92 $4,166(16.776) 6 1(99) 10TE(10TE) 'Metro Hldgs Jul 8 Mar 92 $5,656($7,999) 78(11) 4(4) Transmarco Jul 8 Mar 92 $3.257($8.545) 13(34.2) 6(6) B Sembawang Jul 6 Mar 92 $17,167(54,251)
      255 words
    • 211 20 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) GP Batteries Jul 2 Mar 92 J*****($M.186> 413(479) 188TE(17 6TE) IMC Hldgs Jul 2 Mar 92 5183dg(5198dg) 52(56) 40(40) Pelang, Bhd Jul 1 Mar 92 M537 824(522.583) 11(9) 15(10) Pertama Jun
      211 words
    • 161 20 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) M Cement Jul 6 May 92 M536 539(537.272) 18(16) Asia Pacific Jun 26 Mar 92 563.038(159.214) 14W(10W) F&N Jun 26 Mar 92 599 550(589 232) 9 2(9 2) Pacific Can Jun 26 Mar 92 52.034U530) —<—)
      161 words
    • 832 20 Current Ex Books Date Total for Total for payment date close payable the year last year Alei Hdfs 50c 6%(b) Aug 26 Sep 7 Sep 24 6"* 61 Amcol 25c 101 Aug 21 Aug 27 Sep 10 10% 101 Apolo 2 51 Jur 3 lun 16 Jul 23
      832 words
    • 533 20 Company Rights Issue^ DIC Bai* One to< two <a MSI 25 pet share Ei-date Jun 2 Books close Jun 17 Acceptance Payment Jul 30 Eu Yan Sang Three-tor-one <a SI 05 per share Ei date Jun 17 Books Close Jun 27 Acceptance Payment Aug 3 Keppd France One-tor-four
      533 words
    • 199 20 M 10 Sembawang Shipyard has secured its first floating production, storage and off-loading conversion contract for the year. M 9 Gokttron Ltd has announced that the name of Dyna-Mech Electronics Pte Ltd. a subsidiary, was changed to Goldtron Electronics Pte Ltd. Durtop Estates Bhd said its wholly-owned subsidiary.
      199 words
    • 139 20 TDM Bhd: 27th AGM at Asean Rm, Holiday Inn On The Park Kuala Lumpur, ***** Kuala Lumpur, Wednesday, July 15. at 9.00 am Pan Malaysian Cement Wots Bhd: 29th AGM at the Mui Asean Rm, Holiday Inn On The Park Kuala Lumpur, ***** Kuala Lumpur. Wednesday. July 15.
      139 words
    • 109 20 Conversion Special Trdg Scriptess Conversion deadline Period Trading Company starts (IDP) (ST) starts Fji Yan Sang* Jul I Jul 21 Jul 9 Jul 21 Jul 22 Eh Yan Sang Iji Jul I Jul 21 Jul 9 Jul 21 Jul 22 Km Yan Sang Wts Jul 1 Jul 21
      109 words
    • 376 20 In local curt In S$ In IS$ S d> S yr S dy >r S d> >t JuK IQ Index chge chge chge chge chge chge World 382.7 0.1 -6.3 0.0 -6.4 -0.1 -6.2 +F\FE 450.6 0.0 -10.3 0.0 -9.8 -0.1 -9.6 Lurope 422.9 0.1
      376 words
  • 593 20 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 100. In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100
    CHARTS BY BRIDGE  -  593 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5382 21 Bernama INSTITUTIONAL support for the second liner stocks took the share market in Kuala Lumpur to its highest close in five months in very active trade yesterday. The KLSE Composite Index at the close added 4.51 points to 616.08, the highest since touching
      Bernama  -  5,382 words

  • STOCK EXCHANGE OF THAILAND
  • JAKARTA STOCK EXCHANGE
    • 1178 22 JAKARTA stocks closed slightly higher in a flat market yesterday, brokers said. The Composite Index gained 0.43 point to close at 321.54. But investors are relieved that a recent deregulation package has not been extensive. one broker said. The package partly frees steel,
      Source: Bridge Info  -  1,178 words
  • Page 22 Advertisements
    • 9 22 The Straits Times Weekly Overseas Edition HOME BROUGHT CLOSER
      9 words
    • 103 22 BATTERED TEENAGERS Why they don't want to talk about it GET IT NOW 60 Ml 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,
      103 words

  • TOKYO STOCK EXCHANGE
    • 2559 23 Reuter TOKYO stocks closed higher yesterday and the Nikkei Average ended above 17,000 for the first time since June 12, rising 418.01 points to 17,201.73. No major incentives guided trade. Futureslinked programs and dealer buying pushed the market up in very thin trade. The broader
      Reuter  -  2,559 words
  • STOCK EXCHANGE OF HONGKONG
    • 2530 23 Reuter HEAVY buying in HSBC Holdings lifted the blue chip Hang Seng Index to close 104.49 points higher at 6,085.85. The All Ordinaries Index rose 49.5 points to 3.304.45. Turnover was HK53.64 billion against HK53.34 billion on Friday. "British institutions were buying heavily
      Reuter  -  2,530 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2099 24 Reuter AUSTRALIAN stocks yesterday closed weaker and near the day's low as poor retail trade figures reinforced pessimism about the economy, brokers said. "The economy is not recovering as fast as hoped, and people have lost confidence," said a broker. "They are waiting to
      Reuter; Source: Bridge Info  -  2,099 words
  • REGIONAL STOCK MARKETS
    • Taiwan stocks end lower in nervous trade
      • 150 24 TAIWAN stocks extended early losses yesterday to end lower across the board in thin, nervous trade as investor sentiment remained very poor, brokers said. The Weighted Index lost 72.14 points to close at 4,312.38. Turnover was NTS 19.8 billion against NTS 15.7 billion in Saturday's shortened session. Profit-taking overcame
        150 words
      • 601 24 MANILA share prices ended lower yesterday in uncertain trading as investors took to the sidelines, looking for fresh economic and political developments to give the market clearer direction, brokers said. The Manila Stock Exchange Composite Index fell 31.55 points to end at 1,444.73 from Friday's close. Losers outnumbered gainers
        601 words
      • 811 24 SEOUL'S depressed stock market inched closer to the psychologically important 500 mark, closing 6.96 points down in thin trade at 512.54. "Pessimism for the economy and the market reigns supreme," one dealer declared. "I cannot tell where the techni- cal resistance level is." Brokers said investor sentiment was further
        811 words
      • 338 24 A PARTIAL recovery in Fletcher Challenge's share price and slightly firmer prices for other leading stocks helped drag the New Zealand share market off its lows yesterday to end barely changed. The NZSE-40 Capital Index ended 0.57 points lower at 1,566.35 after going as low as 1,560.59. There
        338 words
      • 364 24 Taipei July 13 NTS VoKUO) All Sincere Ind 10.00 -0.20 23 Asia Cement 64.50 unch 544 Cathay Constr 63.50 0.50 931 Cathay Life Ins 185.00 unch 355 Chang Hwa Bank 102.00 unch 381 Cheng Loong 21.90 0.90 2459 Chia Hsin Cement 51.00 unch 502 Chia Hsin Flour 45.20 -0.60 1976
        364 words
      • 52 24 INDICES TURNOVER Close t\ rTr'KMIS J oh 13 NEW ZEALAND NZSE-40 Capital 1.566.35 1,566.92 -0.57 MANILA Composite Index 1.444.73 1,476.28 -31.55 Turnover (mil pesos) 225.9 305.5 -79.6 TAIPEI Weighted Price Index 4.312.38 4.384.52 -72.14 Turnover (NTS billion) 19.8 15.7 +4.1 SEOUL Composite Stock Index 512.54 523.88 -6.96 Turnover (billion won)
        52 words
  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1196 25 REPORTS THE US dollar and sterling both dipped sharply in London yesterday morning against the German mark, which surged on a market perception that the Bundesbank might tighten monetary policy at a Thursday meeting, operators said. They explained that the perception
      1,196 words
    • 393 25 Cross rates w 13 USS SS MS Dm Yen SFr AS NZS L'SS ***** 2.4990 1.4870 125.20 0.5189 1.3490 1.3405 1 8282 SS ***** ***** ***** 77.6193 0.3217 0.8363 ***** 1.1334 MS 0.4002 0.65 0.5950 50 1000 0.2077 0.5398 0.5364 0.7316 Dm 0.6725 1 0847 1 6806
      393 words
    • 530 25 Interbank rates ss Bid Offer Overnight 3/4 1 1-month 2 1/16 2 3/16 2-month 2 1/8 2 1/4 3-month 2 3/16 2 5/16 Overnight mode: 1-3/8 fS$ Bid Offer 7 days 3 5/16 3 7/16 1 month 3 5/16 3 7/16 2 months 3 5/16 3 7/16 3
      530 words
    • 405 25 Present ERM policy only way to low inflation, healthy growth FT LONDON Mr Norman Lamont, the Chancellor, insisted last Friday that a devaluation of sterling would not achieve lower interest rates. The only way to low inflation, healthy growth, more jobs and higher living standards
      FT  -  405 words
    • 1450 25 SIMEX 9i EURODOLLAR 9. Open High Low Sett Est Vol Act/Vol Op/Int 9< 9< Sep 92 47 96.47 96.45 96.46 3000 4446 ***** 9< Dec 92 96.04 96.04 96.00 96.02 5780 ***** ***** Mar 93 95 99 96.00 95.96 95.98 2571 4043 ***** Jun 93 95.64 95.65 95.62
      1,450 words
  • Page 25 Advertisements

  • COMMODITIES
    • 379 26 AP WASHINGTON United States' sugar growers have threatened to forfeit part of their crop and default on as much as US$26O million (Ss42o million) in government loans unless the Agriculture Department props up the domestic sugar price. Sugar producers complained to
      AP  -  379 words
    • 269 26 Reuter MOSCOW The boss of Russia's gold industry, the world's second largest, has quit in protest against state neglect which will lead to a drastic slump in output, Rossiiskaya Gazeta newspaper said last Saturday. The newspaper quoted Valery Rudakov, head of state monopoly for
      Reuter  -  269 words
    • 738 26 REPORTS THE PRICE of tin fell 20 sen to close at M$ 17.39 per kg on the Kuala Lumpur Tin Market yesterday on heavy selling and buyers' reserve. Dealers said the easier London Metal Exchange continued to undermine the local market
      738 words
  • 1725 26 Rubber HAS Commodity Exdu *t( (twta rts dosii ig as at 1pm) RAS (physical prio IS) RSS 1 Contract (S cents/kg) Bnytrs T a MMrS Close Volume Open As at 12 mm <S centv'kg) Month High Low Sett (tonnes* Interest RSS 2 Aug 92 140 50 141 50N Aug
    1,725 words
  • Page 26 Advertisements
    • 652 26 BUSINESS TIME S_ Toll fro© Tel No 737 0043 'Fax No: 734 -3608 f OFFICIAL NOTICE We, SETIA MARINE PRIVATE LIMITED hereby give notice that we have applied to the Registrar of Singapore Ships, under Section 386 of the Merchant Shipping Act (Chapter 179) in respect of the ship "LINGCO
      652 words

  • 1125 27 City FHgfct ETA FKgbt ETD City Flight ETA FlgM JTD 77Z ga 974 Iteta Kinabalu SO 187 1350 SQ188 0830 Am Dhabi GA893 1345 GA974 uuua MH631 1520 MH630 0950 GA982 0250 Kuala Lumpur MH629 0035 MH602 0700 §022? 2025 QF82 2205 MH640 0805 SQ102 0730
    1,125 words
  • THE TRAVEL PAGE
    • 660 27  -  LETTER FROM SYDNEY By Michael Perry Australians in the pink of health are queuing up to join organised tours of the country's cemeteries. "It (the cemetery) comes alive. With the birds, the animals and the people, I don't think of it as morbid," says Robyn Hawes, whose
      660 words
    • 151 27 As at 10am yesterday: Ixxal dollars to one unit of foreign curreno Currencies Bid Offer Australian dollar 1.1985 1.2148 Canadian dollar 1.3385 1.3656 NZ dollar 0.8720 ***** Sterling pound 3.0960 3.1380 US dollar 1.6100 1.6180 liKil dollars to 100 units of foreign curreno Austrian schilling 15.25
      151 words
    • 39 27 Duration Title Venue Organiser Tel Aug 16-18 International Munich. Modc-Woche-(49) 89/5024. Fashion Fair German> Munchen GmbFI 570 (fa*) Duration Title Venue Organiser Tel Aug 16-19 National Chicago. USA Reed Exhibition <1)617/630Hardware Show C om panics 2222
      39 words
  • Page 27 Advertisements
    • 39 27 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations Check with your travel agent or call *****77 for more details. We know Europe from dart to Pin rath
      39 words
    • 7 27 Advertising Marketing in Business Times every Thursday
      7 words
    • 74 27 The Rescuers These are the brave men who risked life and limb to fight the Sembawang Shipyard tanker fire. How they did it, how they rescued the injured and how they fought fire on all fronts all in colour infographics today. In The New Paper. 1 i ■^^^fflH^ The Father's
      74 words
  • Page 27 Miscellaneous
    • 308 27 completely in Latin —LJ— 4 Claim money round about j I I end of August (8) ——L—J——^ 9 Time and 10 One who didn't strike Shakespeare as a sword I I I -I I I I carrier (8) 12 About to include ceremony (4) yf—^ 13 Car to handle well
      308 words
    • 160 27 Singapore Outlook: Showers over man) areas in the morning. Report; Maximum temperature. 37.0 Assoc humidity 87% Minimum temperature 32.3 Assoc humidity 100% Hours of sunshine 0.00 Rainfall in mm 28.8 Rainfall this month 56.0 Rainy days this month 5 World report Asia-Pacific Hi/Lo* Cond. Bangkok 36/25 Clear Beijing 31/22 Cloudy
      160 words
    • 11 27 jlb-MMtBWM Feom TVC-SWOM TPiVONG tTSi nti -Tiome ASSOCIATED NEWSPAPERS LTD.. IM2-IM2
      11 words

  • 386 28 Miti may restrain firms with strong sales abroad Reuter TOKYO Corporate Japan found the grass greener abroad than at home in the first half of 1992 as exports led the trade surplus towards a possible record high for the whole year. The customs-cleared
    Reuter  -  386 words
  • 185 28 AFP TOKYO Tokyo has ordered an inquiry into the environmental policies of Japanese-owned companies overseas and urged all of them to avoid causing pollution. The move comes less than 48 hours after a Malaysian tribunal ordered the shutdown of a Japanese factory said to
    AFP  -  185 words
  • 155 28 AFP BANGKOK Thai Supreme Commander Kaset Rojananil has pledged that the military will not involve itself in politics and is ready to contribute to national development. *1 want the country to return to normal and concentrate on further economic development. As
    AFP  -  155 words
  • 419 28  -  By Kenneth James SINGAPORE The world economy is indeed becoming tripolar, but proper discipline could ensure a welcome stability in the system, Nobel Laureate Franco Modigliani told a capacity audience yesterday. Giving the first of his two lectures as Lee Kuan Yew Distinguished Visitor,
    419 words
  • 225 28 AFP SEOUL South Korea is expanding cooperation with various Asian countries in military logistics and defence industry sectors. Yun Chong Ho. chief of the Logistics Bureau of the Defence Ministry, was quoted yesterday as saying that South Korea was expanding cooperation
    AFP  -  225 words
  • 382 28 mge AP NEW YORK Bill Clinton entered the Democratic National Convention yesterday buoyed by a new poll showing him in a virtual dead heat with President Bush for the lead in this year's unusual three-way contest. A New York Times-CBS News
    AP  -  382 words
  • 891 28  -  The Bottom Line CHUANG PECK MING CHUANG PECK MING The writer is a BT correspondent THE RETIREMENT issue has at last been put to rest. Three years of coaxing employers to raise the age to help solve Singapore's labour shortage have come to nothing. Fed
    891 words
  • Page 28 Advertisements
    • 311 28 f Singapore's most popular Nitzuko V Key Telephone System J Analysts bullish about short-term outlook, Pg 6 GIVE YOUR HQ IHE EXECUTIVE iramnir worry lines leading to H >: fine lines Removed the look of Diminishedttred baggy eyes J 1 the onset of K/f stress lines Removed JB M open
      311 words
    • 12 28 Democratic convention could dampen Wall Street rally, Pg 4 Editorial, Pg 8
      12 words
    • 56 28 SINGAPORE (OmfiZ Distributor of the most sought after Key Telephone System Tel: 278 7088 J CMra «NMOi ntHUUtClASiUrtrllilaW lUHIMmTMIMUKNmkNiaM UTUOftllKtbWPMtnfenMMrar M I WVMQ 1 Sou* M SUMBI MALAY** Ihi HUM GLAS& •Ua lOCMi OWIUrtU'teCWWi bMblunpw M OVMOTI4/M AIAtIAUA IMI WATCHGAUHtV >MmW« Ounmiiiid T<« 7VH7l«VSi«tt»»Bde> JOODM W-UKianil Wr«r< IMIMUUICLA»JD«rtWnd»M«HO7a)Wi«>n»ui lowOWj W
      56 words

  • Shipping Times
    • 496 29  -  Four new containerships were ordered two years ago By Dexter Lee SINGAPORE UK-based P&O Containers' £180 million (***** million) investment in four new containerships two years ago has appreciated by 30 per cent even before the carrier has taken delivery of all the vessels. Mike
      496 words
    • 524 29 BANGKOK Larger vessels are now allowed to call at Thailand's deep sea port of Laem Chabang Commercial Port (LCP) as part of the Port Authority of Thailand's (PAT) plan to boost its utilisation. Even so, shipping lines remain dissatisfied
      524 words
    • 878 29 Page Col ABC Containerize 12 1 Accord Group 8 1-3 APL 5 3-5 Arrow Inter 9 2 ASCL 5 9 Alpha Feeders 6 I ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Bank Line. The 9 5 Batamindo
      878 words
    • 247 29 South China Morning Post HONGKONG P&O Containers is forecasting growth of less than 10 per cent in its Far East-Europe business for the whole of this year after recording 8 per cent in the first five months. Kenneth Loo, director and general
      South China Morning Post  -  247 words
    • 239 29 WASHINGTON The Bush Administration will send implementing legislation for its proposed US maritime reform scheme to Capitol Hill in about a week. US Transportation Secretary Andrew Card, discussing the Bush Administration's 16-point deregulation and reform programme for the first time
      239 words
    • 151 29 LONDON Norwegian marine equipment supplier Kvaerner Eureka has blazed a path into the highly competitive Korean newbuilding market by meeting the varying needs of shipowners in liquid cargo handling. Australia's BHP Petroleum Pty Ltd, part of the country's largest industrial corporation. Broken Hill Pty
      151 words
    • NEWS SUMMARY
      • 63 29 NEXT YEAR will see the parallel operation of four Inmarsat systems, A. B, C and M, which together span the needs of all types of maritime users. However, these systems can also be enhanced by services offered by the coast earth stations through which they are
        63 words
      • 33 29 LORD KING is expected to announce this week that he will step down as chairman of British Airways, a post he has held for 11 vears. Back Page
        33 words
      • 40 29 HONGKONG'S new governor Chris Patten on Sunday called for an end to disagreements with China over the colony's proposed new airport and said the project should go ahead as fast as possible Back Page
        40 words
      • 42 29 TOYOTA Motor Thailand Co. the country's largest automotive firm, has boosted the assembling capacity for its best-selling model. Corolla, by 500 units to 2.200. as part of its effort to solve delayed delivery problems Back Page
        42 words
    • LOG BOOK
      • 82 30 SEOUL South Korea's largest carmaker Hyundai Motor Co Ltd will export 2,500 cars to France for the first time by the end of the year, a company spokesman said yesterday. "We received 4,000 vehicle orders from Sonauto SA, the remaining 1,500 units will
        82 words
      • 93 30 LONDON British Airways Regional has launched new aircraft liveries for its three networks based in the Midlands, the North West and Scotland. British Airways Regional currently operates a combined fleet of 36 BAC One-Eleven and ATP aircraft on 23 routes in the UK and 25
        93 words
      • 84 30 BUCHAREST Romania has set up 13 checkpoints to ensure that all river and sea-going shipping in the country is adhering to UN sanctions against Yugoslavia, the Transport Ministry said in a statement on Saturday. All river and sea ports were placed under direct ministry control to
        84 words
      • 92 30 LINKOPING, Sweden The second Saab 2000 regional jetprop flight test aircraft made its maiden flight on July 3. The 50 to 58 seat Saab 2000 will be the fastest aircraft of its type on the market. Powered by two Allison GMA 2100 engines, it will cruise
        92 words
      • 96 30 MARSEILLES Fos-Pacific launched a new monthly liner service from North Europe to the South Pacific islands and New Zealand at the end of June. The serv ice is operated with five Russian multi-purpose Warnemunde class vessels (of around 12,000 dwt each) and offers monthly
        96 words
      • 86 30 BEIJING Investigators say a train crash in central China's Hubei province that killed four people was caused by stowaways who interfered with the brake mechanism, the official Xinhua News Agency reported. It said one of the farmers was killed and the other two seriously injured.
        86 words
    • 1019 30 With four new Inmarsat systems starting next year, coast earth stations will offer a more comprehensive service to the industry Lloyd's List Next year will see the parallel operation of four Inm a r s a t systems, A, B, C and M, which together span
      Lloyd's List  -  1,019 words
    • 10737 38 This is a list of ships loadina th t!a t l re ,or P°rts around •he world. It tabulates bv ship na ,he n 'h hC a,ne o,:,he v he dipping line indat«rand the estimated from ar u Va and de Parture the Port of Singapore legend
      10,737 words
    • 3037 43 A.cc^™ m Shpg Agencics Pte Ltd (SyMarinc Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsourcc Shpg Trdg Pte Ltd (S) Ahrenkiei Liner Service. Kim Shpg Trdg (S). A Ibarras Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred
      3,037 words
    • 262 43 Abacus Couriers Tel: 545-8011. Fax; *****98. Air Express Travel Td: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844. Fax: *****16. *****80. A ila f' nitrl Airs win Yfonowioc lowki Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax- *****75. City-Link International Td: 344-3377. Fax: *****50.
      262 words
    • 1479 43 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed 1 Tel: 542-5911. Fax: *****18. Air Cargo Novo Express < Tel: 542-5454. Fax. *****06. Air Express International < Tel: 542-7666. Fax:
      1,479 words
    • 3040 44 ARGENTINA Buenos Aires: Port quite; several general cargo berths available. San Lorenzo; Six vessels operating of which 3 loading pellets, 3 loading grain; four vessels anchored in roads of which 2 to load grain. 2 to load by-products. Rosario: Eight vessels operating of which 6 loading grain, I
      3,040 words
    • 741 44 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Ranin: 45.629 dwt and built Nov 1985 Veiolme Brazil, on offer for USsl2.sm cash. Pacific Chungsam: 27.748 dwt and built Dec 1975 Hayashikane. presently 2 others inspecting. Astraguillermo: 64,500 dwt and built Nov 1989 Alianza Avcllan. ideas remain unchanged at USs22m
      741 words
    • 555 44 ARRIVALS DEPARTURES Op Flight Type ETA T Frw Q» Flight Type ETP T To TOOAY TODAY NCA KZ203 B747F 0145 I NltT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL NCA KZ204 B747F 0335 I BKK/NRT JAL JL6I7 B747F 0345 1 TYO KAL
      555 words
    • 349 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait IK-p Name of Vessel ETA KID Forts of Calls Port Agent Telephone No JULY 15 15 Ascan World 0900 1800 Sin-Hkt Scmbawang Johnson Mgl 227-8284 15 15 Royal Pacific 1300 1930 Sin-P KJang Occan Trade Chartering 299-0366 17 17 Ko>al Pacific 1300 1930 Cruise
      349 words
    • SHIPS IN PORT
      • 576 45 imtd *ty Ni !■> UnW inmt 1% Hi KnM D»rtii Shan Furyu 11/92 P04 14.07/2359 15.07/1500 Mwt ima AN7(N M01 alorvside 14 07/0700 Shaplaeveret 11E P09A 13.07/2359 15.07/1100 iZJVL 2i J wS Sinar Suhmg 202 P04 14.07/1300 16.07/0600 SS 070M2 2 JZ2 14 07/«00 S" 1W92 P04
        576 words
      • 181 45 Pwm Port On the way: Eng Huat Hock, Jintan Putih. Altesam. Pernas Propane, Hong Mao Hai, Deh Lestari. Gotten Fountain. Bangtar Gowab, Tenyoshi Maru No 4. Gaya Lima, Juta I. Due on July 13: Marine Star No 2, Permint Suria. Hock Huat, An Hai, Thana Bhum. Due
        181 words
      • 1655 45 TmWKMli I CONTAINERS IN PROGRESS Voy No ConUren r nUle a* Voy No Cantarars av tUUt B(ten 55-260 *****2 0000 Nan Queen 14S COO(EST) *****2 1500 ll Le Havre wadaya 018E 12.07 92 0740 Boian 120HW COO(EST) *****2 1930 606 *****2 0740 Ms Asia Oeci 9229 COO(EST) *****2
        1,655 words
    • 1084 46 Sept 6-18: Seatrade Academy's Anatomy of Shipping, organised by Seatrade. The event will take place at Selwyn College Cambridge, England. Sept 15-16: Asia-Pacific Digital Cellular Mobile Communications, organised by IBC Technical Services Limited at The Mandarin Singapore. For further details please contact IBC Technical Services at tel: 732-1970
      1,084 words
    • 552 46 DRY cargo freight rates firmed slightly in a quiet market on the back of Russian grain fixtures and steady US Gulf/Japan business, brokers said last Friday. The Baltic Freight Index (BFI) rose two points to 1,059. Continental, fixed a spot Panamax from the US Gulf to the Commonwealth
      552 words
    • 585 48 Marshall most likely to take over position NYT LONDON Lord King is expected to announce this week that he will step down as chairman of British Airways, a post he has held for 11 years. The Sunday Times of
      NYT  -  585 words
    • 205 48 Reuter LONDON British Rail will continue to run Britain's railways to the end of the decade and beyond under the government's "heavily damped down" privatisation plans, the Financial Times said. The government was to spell out its plans for selling off the
      Reuter  -  205 words
    • 386 48 Reuter LONDON Hongkong's new governor Chris Patten on Sunday called for an end to disagreements with China over the colony's proposed new airport and said the project should go ahead as fast as possible. Mr Patten arrived to take up his
      Reuter  -  386 words
    • 251 48 HONGKONG Hongkong Aircraft Engineering Co (HAECO) has dropped plans to build a new hangar at Kai Tak airport, claiming the investment can no longer be justified. The proposal to build the hangar capable of servicing wide-bodied aircraft, was outlined in the aircraft maintenance and engineering
      251 words
    • 244 48 AFP rAIPEI Taiwan has said it will try again to restore lights between Taipei and Vietnam's economic capital Ho Chi Minh City, amid un:ertainty over which airline ihould fly the route. Foreign Ministry spokesman Ouyang Jui-hsiung has said that a Taiwan delegation would
      AFP  -  244 words
    • 565 48 BANGKOK Toyota Motor Thailand Co, the country's largest automotive fum, has boosted the assembling capacity for its best-selling model. Corolla, by 500 units to 2,200, as part of its effort to solve delayed delivery problems. According to the Bangkok Post, company spokesman Mingkwan
      565 words
  • Page 29 Advertisements
    • 20 29 Llmi iml itrvkn NfCMMiMI kVaMVtSb I ■mlhi §f tht MagMry if AccnitM For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090.
      20 words
    • 198 29 Nedlloyd FAR EAST TO EUROPE/ MEDTTERRANEAN CALL: 221 8969 Air Forwarders 15 Air Freight Schedule 16 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Datfy Fraghts 18 Indet 1 Port Conditions 16 Shipping Agents 15 SNppmg Guide 10,11 Shpsales Tanker Rates 16 Stwps m Port 17 Smgapore Tries
      198 words

  • Page 30 Advertisements
    • 82 30 fife 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 and the
      82 words

  • Page 31 Advertisements
    • 1454 31 hipping Times, Tseadny Jnly 14 IWZ OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES %l|ff# TEL: *****11 FAX: *****09 HIBWW BOOKINGS TEL: *****34 *****58 FRCCIII K TERMINAL/CFS TEL: *****18 220 LfSSSV J PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. PORT KELANG TEL: *****18 FAX: *****91 *****88 kkVM PENANG TEL: *****4 FAX: *****1
      1,454 words
    • 899 31 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT p3« //I 1 UNITED ARAB SHIPPING lsAGj\ IIM VSI VOY SW NYC BM. ORF SAV 15/7 H/l n/i I r«hA?ll€ II J/1 4/1 M M INMMH *1 »/l >•;* JJ J I v*.
      899 words
    • 966 31 iOHH-liHffllM' SAILINGS TO NEW YORK MAERSK V.9210 ETA Singapore 20/7/92 ETA New York 20/8/92 (VIA ROTTERDAM) lAERSK V 9210 ETA Singapore 21/7/92 ETA New York 23/8/92 Voy TiT/TT iToTfeedw by DESTINATIONS Laarort/Aries I Maren Maarsk I >359 H HHS Kelang Panang OAK LOB HOU MEM ATL MIA CHS BAL PHI
      966 words

  • Page 32 Advertisements
    • 1577 32 R'DAM/ 11 VOY NO S PORE JEDOAH S'HAMTON H'BURG ANT LE HARVE I LA SEINE 25/128 16/7 24/7 8/8 4/8 3/8 1. Ml IKSIMM) I HOECHST EXPRESS 04/328 19/7 5/8 7/8 10/8 11/8 PQIT VUW fOMM I HAMBURG EXPRESS 09/129 23/7 1/8 15/8 11/8 10/8 CMflO TO tS(/CONT*On I HANNOVER
      1,577 words
    • 481 32 I EXPRESS TO PAPUA HEW GUINEA 1 MOM CHEFOO VM *7/(7 POM/MOM/MOWO/RAB LAC/MAO ALAM TALANG VM M/ 88 POM/HOM/NORO/nAB KM/LAC/WWK (LCL -I- B/BULK) T/S: ALOTAU. OKOBAY KAVENG ACCEPTMG LCL FOR MAM PORTS DISCHARGE TORT KELANG H C. TEL: 36*6701/4 INDIAN OCEAN AND SOUTH AFRICA REGULAR SEMI-CONTAINER SERVICE vessel spqbe m
      481 words
    • 1571 32 ra—MWA Ml REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE VSL/VOY SM ALG BCL HAM BRE ROT ANT FEL LHA (VM (VM (VM ALG) HAM) ROT) SI FREEDOM 219W 16/07 06/01 OS/OS 10/ OS 11/06 12/06 13/06 14/06 15/06 NORASM MUBARAK 9220-3 21/07 11/06 13/06 15/06 16/06 17/06 16/06 19/06
      1,571 words

  • Page 33 Advertisements
    • 2224 33 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 ACCEPTS out S«LS SPORf BKOK STRAITS VCNTUtI *171 Muara. lib 14 Jtf V.014H 19-20 JUIT 22 23 UJ STRAITS STAR *10C KK. Man. T» 12-14 Ml 5 M 17 M KOTA BWTAHG J
      2,224 words
    • 1495 33 m SINGAPORE AGENT: PfiyA pAfltairkAl*C PAO Containers (Singapore Agencies) Pte Ltd X (XV/ 3 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tei 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 V. CR Number: **********0Z GOING DOWN UNDER? LOOK NO FURTHER..... JUST LOOK UNDER! Australia Straits Container
      1,495 words

  • Page 34 Advertisements
    • 633 34 1 9 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI/VOY STOK MMM/MMM HWtC BRfKN MTNDV Em/o kUTMUM/32M8 19-23/7 21/t 25/1 30/1 4/9 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Subject to lnduc»m«nt. Also accepting cargo to Casablanca, Port Said, Port Alexandria, Ganoa, Triaata. WSO ACCEPTING CONVENTIONAL CARGO VIA T/S
      633 words
    • 1418 34 HANJIN SHIPPING m VSL SM LINE HAU. LGB OAK FDR VSI UK MAtt. SAV LM NVC HANANOAKLAN) OIK 18// DKCT 9/8 12/8 FISHGUARD MY 208N 15/7 K YOKOHAMA OMI 20/1 21/1 23/S K 10NMACH 03« 26 DMECT 16/8 19/8 HANJM CHEJU OMI 20/7 NNG PLENTY 02* 27/1 2S/S 31/8 HMUN
      1,418 words
    • 1268 34 Mffl AU d-I J -ITTTK pii ik mc nc ns mi db Kt w m iu «s u htc uw mm rom nr w en m I I ttNTHY MMI 14/7 IJ/7 21/7 22/7 M/ 7 27/7 21/7 M/ 7 31/7 1/1 l/l lt/0 21/1 2«/» 29/0 0/9 9/9 10/S
      1,268 words

  • Page 35 Advertisements
    • 1621 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) SOK^FORAUNSSERVICES) *****00 (TOLLFREE) neA QFRVICP TERMINAL OFFICE 2212UZ2 y?R EAST SERVICE *****00 IMPORT CFS F9: *****69/*****96 MK UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 AUST/INDIA/PAK SERVICE «3,™. J.B«hnHo7) NOL AGENCY INDONESIA Jakarta (21) *****45/54. Surabaya (31) *****2/546. Semarang (24) *****6,
      1,621 words
    • 1119 35 m SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUM)—DtSCHAAQNG WESTBOUND—IQAONC TRMCHTTO) WA ROTTERDAM ««■> WW II
      1,119 words

  • Page 36 Advertisements
    • 1487 36 K-W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W V V A TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/^9 i I M MALAYSIA: *K* UNE MARTTIME (MALAYSIA) SON BHD 1 M JL# TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA
      1,487 words
    • 941 36 PHIU-ORKNT LIN€S PT€ LTD <#=% 108 Robinson Road *07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76 222€>238 CTjO BY AIR, LAND OR SEA.... L^\ M WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION .*1 AUSTRALIA/NEW ZEALA!ND/%OUTH PACIFIC FCULCL SERVICE 11
      941 words
    • 286 36 GOLDEN LINE A \&(?V GUAN SHIPPING iFvJ/TX (PTE) LTD W w*• 23. IcM hjti Street StKiAPOK 0104 TIL ***** M (10 IMS) fit *****04 <C* N* **********0*) STRAITVPERSIAM GULF SEHVICE S pore P Kelang Penan# COUKN JIM Karact Du!u. Dammar* IS/20 hi GOIOtN MHU Karachi Dubai Dam H 21 M
      286 words

  • Page 37 Advertisements
    • 2086 37 supping TlmM, TMM»y Jiy if iwz PACIFIC INTERNATIONAL LINES (PTC) LTD SSBB»M IH 140 Cecil Street. #03-00 PIL Building. Singapore 0106. T«l: *****33 CR NO: **********06 [HKlZirSi VtBBCLVOY SIN IKK MM VtSSE b«, U.MW 127 il "OTA tUMA KSR27N 16/7 W7 WT EQUATOR HAWK 32N 7/1 ?fl 25/7 EQUATOR CRYSTAL
      2,086 words
    • 840 37 p P GUOANG PENANG P KELANG OCEAN VSL/VQY SJN SOU 1) RTM (2) HAM (3) GOT (4) IoA7 10/7 TTT? TOYAMA 2272 14/7 31/7 2/8 3/8 5/8 E ITTt 17/7 18/7 AROSIA 2282 21/7 7/8 9/8 10/8 12/8 Q *24/7 24/7 28/7 NIHON 2292 28/7 14/8 16/8 17/8 19/8 E
      840 words
    • 286 37 NIGERIAN NATIONAL taA SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER IKPAN VS2 SINGAPORE 24 Juty ETA Lagos 15 Aug Port Hareourt 17 Aug Calabar 19 Aug ACCEPTING B/BULK AND CONTAINERS I BSA° I TRANSPORTATION M MYANMA PA FIVE STAR LINE W (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen
      286 words



  • Page 40 Advertisements
    • 2788 40 Conventional Semi-Container Full Container Liner Sendees Liner Services CMMfj/Jfgari; fMtfef M§sa(i: CjmittAfmtt: I—kit JfMfT 58 Penmnri Hap Mudx Musa 2U Mm Komi H*r J Ylck Feng Shipping awt***'**** Costar Shipping Mb LM »*<•»*»** am tmo on na* n*. sent* ***** u. TSnxw/x,™ Enterprise Cn Ltd CemtnS+BM PfLU (West AJrea only)
      2,788 words
    • 359 40 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE aM Singapore 0106 T»»*x: R*****0 T«l: *****81-3 Fm: 225 4939. *****36 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 BM/JAK SERVICE VESSEL VOY SIN JAK DERAJAT 990 15/07 (WED) 18/07 (SAT) LAWANTI 969 15/07 (WED) 18/07 (SAT) MERKUR DELTA 931
      359 words

  • Page 41 Advertisements
    • 507 41 (f£ famous container lines 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) UMASSOL/PIREAUS 19/7 ROTTERDAM 19/7 HAIFA/ASHDOO/ALEXANDRIA 19/7 HAMBURG/BREMEN 19/7 MARSEILLE/FRANCE 19/7 FELIXSTOWE/UK 19/7 BARCELONA/SPAIN 19/7 LEHAVRE/ANTWERP 19/7 GENOA/ITALY 19/7 GOTHENBURG/SCANDINAVIA 19/7 10S ANGELES/WC/IPI 19/7 SYDNEY/MELBOURNE 15/7 NEW YORK/EC 19/7 f REMANTLE/ADELAIDE 16/7 VANCOUVER 19/7
      507 words
    • 811 41 G2FI RICHFItL?nniTcScIt^)TT^D KU TEL: *****33 (12 LtaM) |=l FAX: *****18/*****03 TELEX: R8 ***** RISMP (3 LiftM) m ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AMD CONVENTIONAL VESSEL VOY ETA ILOAOMOFOR worn ABYOT 29W8 2t'o» DARESSALAAM. MOMBASA OJBOUTI ASSAB. MASSAWA NETSANET mm JO/Ot DARESSALAAV MOMBASA. OJMOUTI ASSAB. MASSAWA g
      811 words
    • 839 41 MM MUM 149S 15/07 16/67 MAMA MUM# lIW OM 15/07 M» 19/07 1 BENMBHUM 356 If/07 21/07 MM BWM 33N Fti 17/07 Ml 20/07 |l NANA BHUM IMS 22/07 2V07 WMTA BHUM MH SM 16/07 OM 22/07 [jfl PITA MUM*## 242* MM 20/07 Tta 23/07 19 mi «5 WM BHUM
      839 words

  • Page 42 Advertisements
    • 1281 42 groupage 11 HKG/TWN/BKK |GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 15/7 16/7 17/7 Honf Kong Ldn/Fli/Rdm/Ant 19/7 20/7 21/7 19/7 20/7 21/7 Hong Kong G'bwg/Clugon/S'holm/OsJo 19/7 20/7 21/7 22/7 23/7 24/7 Hong Kong Pr-us/Gonoa/Triostt 24/7 25/7 26/7 a,/, JPN/BUSAN/MANILA 17/7 28/7 29/7 M Tokyo/Kol* 19/7 20/7 21/7 17/7 1877
      1,281 words
    • 234 42 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SSI ML IT! SH N Z STAR ¥0524 17/7 2S/7 31/7 17/1 PKMER VI9S 30/7 11/1 13/1 30/1 MUUBM 2tS 14/t 2S/I 21/1 14/9 FULLY CONTAINERISED SAILINOS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH. NAPIER.
      234 words
    • 1066 42 THONG SOON UNES PTE. LTD. Jgg 77 ROBMSON ROM) #IS-00, #18-00 SM BULDMG SMGAPORE 0106 TEL: ***** M FU NO: *****11, *****22 ■Br TIX RS ***** CMHO, RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO WEST MALAYSIA una Ivor leto libt *«a nt store Ip. hmo KM SOON LI 62/92E 18
      1,066 words


  • Page 44 Advertisements
    • 131 44 UP* .jttSh LIVING IT iS EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, youll know you're alive alter that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or
      131 words

  • Page 45 Advertisements
  • Page 45 Miscellaneous
    • 428 45 TIDES AND WEATHER TODAY'S TIDES (frit in metres) HOUR 0000 0100 0200 0300 0400 0500 MOO 0700 0800 ************************************************************ JR 2.6 11 1.7 1.2 08 0.6 0.5 06 0.8 1.3 1.8 2.1 2.3 2.2 1.9 1.5 12 1.1 1.1 1.4 18 2.3 28 3.0 Pf 26 2.2 1.7 1.2 0.8
      428 words

  • Page 46 Advertisements
    • 424 46 LIAN HUAT SHIPPING CO (PTE) LTD. I 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 REGULAR FULLY CONTAINERISED SERVICE TO BHANTOU 2 SAILINGS PER MONTH VESSEL ETA ETD VOY
      424 words
    • 347 46 Jl cosco UKC CONVBmOMAL ICWVICC VESSEL PKL PNG P O. LOADING FO« A VESSEL 28/06 Rotterdam/Antwerp CHMiA CONVEWTTONAi. gggg VESSEL PKL PNG P.O. LOADING FOB OtNG WONG 12/07 Guangihou/Huangpu COSCO FULL COWTAJHEW «£WVICE» (FCL/FCM EXPORT TO: CHMA/BANGKOK/HONGKONG EUNOPE/C ONTINENT AL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer
      347 words
    • 302 46 Appointment Ads Help You Find The Right Candidate JSODtSGXfI 800 Australia Now Zealand MMcM Weekly LCL Consolidation CARGOFLO A Singapore-Australia Fremantle Adelaide Melbourne Sydney Brisbane Singapore-New Zealand C f V Auckland Wellington Lyttleton f J Hew Plymoutli Napier Chrletchurch M- joi i=itseiSSi S» Tel: *****88 W VA/ mjmm Fax: *****83
      302 words
    • 131 46 OCEAN LINES SINGAPORE SINGAPORE COLOMBO FCI/LCL FREIGHT COLLECT AND PREPAID ARE WELCOME We also accept cargo for offer destination worldwide Co-loaders Are Welcome |iikii|/SilH H||^ SMBUORE: Tit 542 7033 Fac 545 4827 Antes Tet 744 8330 Fax: *****95 Bmon Tit 447 2667 Fac *****12 Mcky COLOMBO: Tat *****3M***** Fac *****6
      131 words

  • Page 47 Advertisements
    • 1143 47 i Mpyg iimn, lucwisy «uy u im I HYUNDAI I MERCHANT MARINE CO. LTD. *VM FEEDER PACIFIC SOUTH-WEST SERVICE ra>» I PKE* I pgr I ar tousa wt kao lbh oak pmvhou ch slu wrc 14/07 01/07 10/07 17/07 H. CHALLENGER 52E 24/07 10/01 13/01 13/01 14/08 14/01 10/01 21/07
      1,143 words
    • 441 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST M RO-RO t HEAVY LfTS WOUM VESSELS VESA NT n IK HI trms mm «i a* mn KCCUS 1 SLD 11/7 CMK TRAM MM 11/7 asm ami im wi mi Slum wh 1 ti/l »/t CUM TRIM M 21/7 U/ 7 Ml MEM 71 11/7
      441 words
    • 968 47 v w r I V I I 4 SERVICE CALLS SINGAPORE SF I nT. Ir Pr«"" DIRECT EVERY tmmm <>« n/«7 nun —a mm i»n/»7 m/m m/m mm mm mm mm mm nm WEDNESDAY A I —i hw ivn Mi«nai wctmh ij7ct ntv»7 mm um 12m um um um um
      968 words
    • 124 47 BINTANG MAS SHIPPING PTE. LTD. 39 NOL ROM) SMGAPORE 0208 TEL: *****88 TLX: R*****5 SMMER FAX: *****64 team ran of cjmgo rrrn. kshmtob MTMB SUM n« 11-14 M Hk IM. OM ■RINK KIMT VIK IC-17 M 11 1* M Mfc IM M mastr hml n« zi n m n-» m
      124 words

  • Page 48 Advertisements
    • 60 48 E Every Saturday in Business Times I —-i "fte Etecu-kiue Housekeeper -(his hotel J O«, I wants >s me. Bob I'll never neglec4 L_ Any Job. Any Career. Available any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN
      60 words
    • 9 48 PERSONAL FINANCE II INVESTMENT Every Saturday in Business Times
      9 words