The Business Times, 21 July 1992

Total Pages: 50
1 50 The Business Times
  • 16 1 Business Times MITA (P) 35/1© Tuesday, July 21, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*
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  • NEWS SUMMARY
    • 55 1 JERUSALEM Israel's new government and Palestinian leaders said that visiting US Secretary of State James Baker made progress yesterday in his bid to resuscitate Middle East peace talks. "Basically I think there was progress that I'd calj meaningful progress," Israeli
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    • 65 1 TOKYO Businessmen and economists believe the Japanese economy will not recover until the end of 1992 at the earliest and will fail to reach this year's official growth target. According to a survey published yesterday by the Mainichi Shimbun, all 50 business leaders and private
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    • 34 1 LOANS extended by China's banks reached 120 billion yuan (U5522.4 billion) in the first half of 1992 more than twice the government's original target, a senior official said vesterday Page 2
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    • 21 1 SINGAPORE'S general insurance industry put up a strong performance in the first quarter of this year Page 3
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    • 33 1 THE Japanese government is supporting the formation of an economic zone covering far eastern Russia, north-eastern China. North Korea, South Korea and Japan, says the Nikkei Weekly. Page 3
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    • 30 1 VIETNAM'S squabble with China over the Spratlys has increased its desire to forge new economic, political and militarv'links with its non-commu-nist neighbours, say diplomats Page 10
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    • 30 1 POWER supply companies in the US and Europe will invest about SS3 billion to help solve energy problems in the southern Indian state of Karnataka Page 11
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    • 27 1 THE Singapore Computer Society will adopt a more businesslike approach in its move to become a self-financing body, says president Pearleen Chan Page 17
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    • 27 1 THE Singapore government appears to be reluctant to impose legislation to force carriers to consult shippers before increasing their rates. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 39 1 WALL STREET stocks took a sharp drop early yesterday under pressure from worries about corporate earnings and political uncertainties. The Dow Jones average of 30 industrials fell 40.79 points to 3,290.85 in the first hour of trading.
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    • 27 1 LONDON share prices were lower at midday yesterday. With 217.4 million shares traded at 1220 GMT, the FTSE Index was down 24.9 points at 2389.0.
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    • 21 1 SHANGRI-LA Hotel will tap long-term funds with an issue of bonds cum warrants to raise 5124 million Page 4
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    • 41 1 L&M GROUP International Pte Ltd, a subsidiary of L&M Group Investments Ltd, has been awarded a turnkey contract to build the first phase of the MS4SO million (SS29O million) Best World project in Johor Baru Page 4
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    • 11 1 JAPAN yesterday established a securities watchdog commission Page 6
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    • 35 1 SOME of the world's biggest banking institutions are competing to offer a long-term loan of up to US$3 billion (SS4.B billion) for Hongkong's huge Black Point power station Page 9
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    • Article, Illustration
      32 1 Monday Change BT-MGA 699.57 -3.84 Kuala Lumpur ....602.76 -2 57 Tokvo 15.884 48 -663.59 Hongkong 5.986.49 -141.57 Svdnev 1,604 9 -24.6 Friday Change New York 3.331.64 -29.99 London 1.852.1 -38.7
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    • 23 1 Exchange rates USS ss 1.6100 100 Yen SS 1.2916 MS SS 0 6445 Money market rates Overnight 2-1/8 -1/8 3-month 2-1/4% -1/8
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    • 39 1 London GoM AM fix USS358.80 -HJSS6.15 Rubber S'pore Aug 143.25 c /kg +0.25 M'sia Aug 221 «/kg unch KL Tin Turnover 42 tonnes unch Spot MSl6.38/kg -0.46 Crude palm oil Turnover 697 lots -455 Aug MS869 /tonne -3
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  • 471 1  -  Shangri-La hotels in two more cities also being considered By Lee Han Shih, Sylvia Wong SINGAPORE With a dozen ongoing projects in China, tycoon Robert Kuok has launched six more ventures in various Chinese cities and provinces. Mr Kuok, a 68-year-old Malaysian
    471 words
  • 358 1  -  Board's consultancy arm wrapping up master plan for 1 -3b project By Colin Tan SINGAPORE A part of China's Fuzhou city may shape up very much like Singapore's new towns if a master plan drawn up by the Housing and Development Board's (HDB) consultancy
    358 words
  • 478 1  -  Swift reaction to SES decision last week From Leslie Lopez in KUALA LUMPUR OFTEN BLAMED for reacting too slowly. Malaysian exchange authorities displayed a new brand of aggressiveness when it announced plans to extend trading hours by 90 minutes from tomorrow.
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  • 223 1 SINGAPORE Asian stock markets received a bear hug yesterday as share prices plunged across the region on renewed fears of a weakening world economy and poor corporate earnings. Tokyo's Nikkei Average fell below the 16,000 level, Singapore's STII closed below the support of 1,450
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  • 393 1  -  By Lilian Ang SINGAPORE In the largest commercial property sale so far this year, JapaneseChinese businessman Paul Sun is selling The Promenade, a choice commercial building along Orchard Road, to an unnamed local buyer for $159 million. Mr Sun's profit
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  • Page 1 Advertisements
    • 183 1 I Nikon The World's Finest Photographic System. Aircraft Schedule 29 Jakarta Bangkok Stocks 2< TV Radio U Commodities 28 KLSE 23 Unit Trusts 21 Company News 3,6.7 Money Changer Rates 29 Weather 29 Cryptic Crossword 29 Money Market 27 World News 11 Editorial 12 Regional News 10 Financial News 9
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    • 228 1 sex, lies and videotape A POLITICIAN shocked the Malaysian Parliament yesterday with a videotape allegedly showing former deputy speaker DP Vijandran in sex acts with various women. Full report. Back Page PARFUMS Cartier Pans Cartier Boutique/ SINGAPORE Pais Is Renaissance, #01 -03. 390 Orchard Road Tel: *****93 Hilton International, #01
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    • 28 1 Nikon The World s Finest Photographic System BT launches daily China stocks listings, Pg 24 Hock Lock Siew: Talk of bid behind FEA, MWE bull run, Pg 4
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  • PAGE 2 NEWS
    • SINGAPORE ROUNDUP
      • 52 2 SINGAPORE and Malaysia will hold a combined one-day air defence exercise over Peninsula Malaysia and Singapore today under the terms of the Five Power Defence Arrangement (FPDA). Codenamed "Minor Adex 92-3", the exercise will be coordinated from Butterworth under the control of Air ViceMarshall T
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      • 44 2 THE Canadian Overseas College has been renamed Canadian International School (Singapore). At present, the school offers secondary education to its 300 students from more than 30 countries, but enrolment is expected to increase when primary education is introduced later this year.
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      • 71 2 SINGAPORE Bus Service will erect reinforced concrete barriers at its bus interchanges as an additional safety precaution to prevent buses from running into the bus stands. SBS's measures come in the wake of an accident at the World Trade Centre bus terminal last week where a
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      • 34 2 WALKERGROUP/PACIFIC. a United States-based design consultancy firm has been awarded the contract to design the interior of Lane Crawford Place. Singapore's latest up-market department store in the Orchard Road area.
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    • 254 2 SINGAPORE Prime Minister Goh Chok Tong will head the Singapore delegation to the Non-Aligned Movement summit meeting scheduled to be held in Jakarta from Sep 1 to 6. Indonesian Industry Minister Hartarto called on Mr Goh yesterday to convey a
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    • 450 2 New loans in first half total US$22 billion Reuter BEIJING China's banks have made new loans worth 120 billion yuan (U5522.4 billion) in the first half of 1992 a massive expansion of credit more than twice the government's original target, a senior official
      Reuter  -  450 words
    • 312 2  -  By Lilian Ang SINGAPORE The owners of the $900 million Bugis Junction project, which is currently under construction, plan to start marketing the development in early 1994. Au Eng Kok. managing director of Pidemco Investment Co one of four shareholders in the
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    • 293 2 AUSTRALIAN Prime Minister Paul Keating has foreshadowed increased regional cooperation in many fields, possibly including the aviation market in the Asia-Pacif-ic region. Asia-Pacific Economic Co-operation would be the vehicle to contribute to greater regionalism, he indicated. Mr Keating said that in the
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    • 179 2 AFP KUALA LUMPUR Malaysia's sole commodity exchange will seek help from the Chicago Board of Trade to promote its thriving crude palm oil futures (CPO) contract locally and internationally, officials said yesterday. The Kuala Lumpur Commodity Exchange CPO contract is the only
      AFP  -  179 words
    • 320 2  -  Asia 2010 Conference Reports from Florence Chong in MELBOURNE THE liberalisation of the financial sectors in Asia-Pacif-ic is far more important than the setting up a trade bloc, said Australian business leader John Prescott yesterday. "Instead of misdirected speculation about an AsiaPacific
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    • 441 3  -  By Soh Tiang Keng SINGAPORE The Republic's general insurance industry put up a strong performance in the first quarter, according to the latest figures from the Monetary Authority of Singapore. Gross premium growth was 15.1 per cent during the quarter,
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    • 615 3  -  By Chua Chwee Leng SINGAPORE Life insurers wrote 590.8 million worth of new policies in the first quarter of this year, or 47 per cent more than in the first three months of 1991. according to figures from the Monetary Authority of Singapore. But the
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    • 351 3  -  By Schutz Lee SINGAPORE The Japanese government has come out in support of a supposedly Chinese idea for a Northeast Asia economic zone, 47 years after its dream of "coprosperity" with its neighbours ended prematurely. Japan's Economic Planning Agency recently came up
      Source: Nikkei Weekly  -  351 words
    • 381 3 Reuter HONGKONG HSBC Holdings pic yesterday said it has acquired more than 94 per cent of the shares of Midland Bank pic, allowing it to demand that remaining shareholders hand over their holdings. The announcement effectively ends months of dispute with rival
      Reuter  -  381 words
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    • 8 3 Marine Midland posts LSs43m first-half profit, Pg 6
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 68 4 SINGAPORE Esmaco Pte Ltd, DBS Land's 51 per cent joint venture with the Housing and Development Board, has incorporated a wholly-owned subsidiary, Esmaco (M) Sdn Bhd. The Malaysian company's principal activities are to provide estate management, landscaping, horticultural, electrical and mechanical engineering services.
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      • 62 4 SINGAPORE Sembawang Maritime Ltd said it bought 907,500 $1 shares of Sembrown Equipment Pte Ltd shares for *****,500. The shares, bought from Sembawang Indonesia Pte Ltd, represent 27.5 per cent of the paid up capital of Sembrown, which is engaged in renting heavy-lifit cranes and equipment
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      • 83 4 KUALA LUMPUR Talam Corporation Bhd expects to garner about MS99O million (SS63B million) worth of sales from its three main property projects in Selangor, its executive chairman, Mohd Nor bin Haji Ismail said yesterday. The three projects are located in Ampang, Serendah and Petaling. The Ampang
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    • 98 4 REFERRING to BT's July 8 report "Astra International seeks USSIOOm in offshore loans", Indonesia's PT Astra International has clarified that its European Note Issuance Facility (NIF) is an uncommitted one. The proposed new facility establishes a tender panel structure under which Astra may request certain banks to
      98 words
    • 184 4 SINGAPORE National carrier Neptune Orient Lines (NOL) Ltd has opened a shipping agency in Sri Lanka, marking its re-entry into the Sri Lankan market. Lanka Trident Shipping Agencies Pte Ltd was granted a licence on July 7 by the Greater Colombo Economic
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    • 579 4  -  Long-term funds assured despite higher cost By Amy Balan SINGAPORE Despite cheaper bank loans available because of funds crying out to be borrowed, Shangri-La Hotel has chosen instead to tap long-term money with an issue of bonds cum warrants to raise $124
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    • 309 4  -  By Dawn Tan SINGAPORE GK Goh Holdings Ltd has joined the list of local stockbroking firms with a presence in London. The company said yesterday that it had set up a whol-ly-owned subsidiary, GK Goh Securities (UK) Ltd, to improve service to
      309 words
    • 284 4  -  By Sylvia Wong SINGAPORE A subsidiary of L&M Group Investments Ltd has been awarded a turnkey contract to build the first phase of the MS4SO million (Ss29o million) Best World project in Johor Baru. L&M International Pte Ltd, a wholly-owned specialist contractor
      284 words
    • 289 4 SINGAPORE Eu Yan Sang Holdings Ltd plans to open a chain of retail counters in shopping centres to cash in on growing demand for its range of traditional Chinese medicine. The first, a 170-square-foot outlet, was opened last week at Yaohan in Parkway
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    • 372 4  -  By William Chia SINGAPORE Inno-Pacif-ic Holdings Ltd, which is in urgent need of funds to service its bank loans, is selling a 2 per cent stake in listed Eu Yan Sang Holdings to raise $4.15 million. The company announced yesterday
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    • 233 4 Bernama KUALA LUMPUR Golden Hope Plantations Bhd is rationalising operations of its plantation division to improve its productivity and efficiency. Chairman Ismail Mohamed Ali said in the company's 1992 annual report that this is necessary because long-term prospects for rubber and cocoa
      Bernama  -  233 words
    • 584 4  -  THE HOCK LOCK SIEW COLUMN By Leslie Lopez KUALA LUMPUR In a market showing little signs of taking off, Malaysia's Far East Asset Bhd (FEA) and its largest shareholder, textile operator MWE Holdings Bhd, are bucking the trend by behaving like
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    • COMPANY BRIEFS
      • 97 6 WELLINGTON Comalco New Zealand, the owner of the country's giant aluminum smelter, reported yesterday that it had suffered its first post-tax loss since 1986. Comalco New Zealand, which operates the smelter at Tiwai Point, south of here, said its post-tax loss was US$lB.6
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      • 86 6 SEOUL Samsung Group, one of South Korea's top business conglomerates, is to acquire a former East German electronics firm producing television picture tubes, according to an announcement on Friday. Samsung Electron Devices Co will buy Werk Fur Fernsehelektronik GMBH from the Trust Institution of Germany
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      • 70 6 HONGKONG South Korea's Daelim Engineering has signed a contract with China Petroleum Corp to build a 25.000-tonne polystyrene facility in north-east China. The official China Daily newspaper yesterday said it is the first South Korean firm to strike a petrochemical deal with China. Daelim will build the
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      • 82 6 TOKYO Japan's Sony Corp and the US' Apple Computer Inc and Motorola Inc have agreed to jointly develop an international uniform operating system for multi-media products, the Asahi Shimbun reported on Sunday. Under the agreement, the world's three leading electronics firms are to jointly develop a smaller
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      • 93 6 MANILA State-owned Semirara Coal Corp hopes to convert 74 per cent of its foreign debt into equity under a restructuring deal with an Austrian firm, the Securities and Exchange Commission here said yesterday. Semirara. which is owned by the Philippine National Development Co. is seeking
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      • 86 6 BEIJING China has enlisted the Big Mac in its campaign to smash the iron ricebowl. The Worker's Daily newspaper, in a column on Thursday, praised McDonald's for its flexible employment policies, and said state-run enterprises should learn from them. The iron ricebowl svstem guarantees Chinese
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    • 420 6 Panel said to be lacking autonomy and manpower of US counterpart Reuter TOKYO Japan yesterday established a securities watchdog commission to ensure fairness in stock markets and prevent the financial scandals that rocked its financial industry last summer from happening again. "The Securities and Exchange
      Reuter  -  420 words
    • 204 6 AFP TOKYO Japan's Toyota Motor Corp and Nissan Motor Co Ltd yesterday announced a slump in domestic sales and production in the six months to June although figures for the latest month alone showed signs of a recovery. The country's two biggest
      AFP  -  204 words
    • 283 6 Bloomberg NEW DELHI Brokers said they expect Indian stock markets to fall further because of eroded investor confidence stemming from the recently ended brokers' boycott of major markets. The markets opened last week after brokers in Bombay ended a boycott of trading
      Bloomberg  -  283 words
    • 341 6 South China Morning Post MANILA A privatelyowned Hongkong power plant in the Philippines is being used as a "crisis management" tool to deal with chronic power shortages in Manila. Hopewell Energy (Philippines) Corporation, majority owned by the Hongkongbased Hopewell Holdings, owns and operates the
      South China Morning Post  -  341 words
    • 196 6 AFP, Reuter HONGKONG Marine Midland Bank Inc, a US subsidiary of Hongkong and Shanghai Banking Corp (HSBC), has reported a net profit of U5543.6 million (5569.7 million) for the first half of 1992. The bank said yesterday that net profit for the first half
      AFP,; Reuter  -  196 words
    • 468 6 AFP BOMBAY Had their names not cropped up in a massive securities scandal raging in India, many foreign banks operating in the country would have shown excellent results this year. ANZ Grindlays was set to report a profit of US$5B.3 million
      AFP  -  468 words
    • 377 7 Landmark decision by EC commissioners tomorrow FT LONDON The European Commission is set to approve Nestle's 15.46 billion French franc (Sss billion) bid for Perrier, the French mineral water group, this week in a landmark decision for EC competition policy. To
      FT  -  377 words
    • 512 7 MARKET TALK Reuter NEW YORK American presidential contender Bill Clinton's stunning surge in popularity following the Democratic National convention last week is fuelling fears of inflation and higher taxes on Wall Street and will burden stocks over the next few weeks, say analysts. Two
      Reuter  -  512 words
    • 355 7 FT LONDON Mr Ali Rashaid Al-bader, president of the London-based Kuwait Investment Office (KIO), will travel to Spain this week to negotiate an interim rescue package for Ercros, the troubled chemicals group in which the KIO has a controlling 39 per cent
      FT  -  355 words
    • COMPANY BRIEFS
      • 85 7 OLONGAPO, Philippines Universal Studios and Walt Disney Co are among companies that have proposed to take over the giant Subic Bay base after the US Navy leaves this year, a Philippine mayor said on Sunday. Mayor Richard Gordon of Olongapo city, 50 miles
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      • 69 7 LONDON Lasmo pic said its 37.8 per cent share of reserves in the Sanga Sanga Production Sharing Contract in Kalimantan, Indonesia, has been increased by 34.1 million barrels of oil equivalent over reserves deemed commercial by the company on Dec 31. In a statement the
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      • 70 7 ROME The Italian government said it was liquidating loss-making state holding Ente Partecipazioni e Finanziamento Industria Manifatturiera (Efim) because the group could no longer sustain massive debts. The decision to wind up the long-ailing industrial concern, which owes some eight trillion lira (S$ 11.6
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      • 64 7 RIO DE JANEIRO The board of Brazil's state-con-trolled oil monopoly Petroleo Brasileiro SA (Petrobras) approved slashing investments in 1992 to US$l.5 billion (552.4 billion) from the US$2.9 billion planned, a spokesman said. The spokesman blamed the cuts on the economic crisis. Brazil's economy has been stuck in
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    • 404 7 FT LONDON Wellcome Trust, the medical charity, is offering to buy a range of shares in other companies from institutional investors who apply for the shares in Wellcome, the drugs group, that the trust is selling. The trust said on Friday it would reinvest
      FT  -  404 words
  • Page 4 Advertisements
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  • Page 6 Advertisements
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  • Page 7 Advertisements
    • 165 7 PERSONAL INVESTING FINANCE SUPPLEMENT' 92 A Special Business Times Survey July 23,1992 Bank 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 cost of living.
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    • 10 7 ORDER FROM l' *V 1 i I* [Kuniiliw sf tmftnr,
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  • FINANCIAL NEWS
    • 421 9 South China Morning Post HONGKONG Some of the world's biggest banking institutions are locked in a fierce fight to grant a long-term loan of up to US$3 billion (Ss4.B billion) for Hongkong's huge Black Point power station. Deutsche Bank and Schroders Asia
      South China Morning Post  -  421 words
    • 317 9  -  By Quak Hiang Whai SINGAPORE Hongkong. Singapore's main rival for reinsurance business in Asia, will lead the region's reinsurance growth in the next few years, according to French reinsurance giant Scor Group. Patrick Peugeot, chairman and chief executive officer of Scor
      317 words
    • 336 9  -  By Kooi Cho Teng SINGAPORE Thailand's largest oil refiner. Thai Oil Company Ltd, failed to attract enough lenders for a US$23O million (SS37O million) loan that it sought just before the country's leadership crisis which led to the massacre of
      336 words
    • 503 9 Outstanding housing loans total 14 trillion yen Asahi TOKYO Seven housing loan firms have combined debts of 13.97 trillion yen (US$lll.7 billion), making them the latest financial institutions to be burdened with debts incurred during the bubble economy of stock and land speculation.
      Asahi  -  503 words
    • 246 9 Reuter NEW YORK The loan syndications market pickcd up handsomely in the second quarter, as a combination of recapitalisations and jumbo commercial paper backstops spurred deal volume, according to IDD Information Services. Backstops are guarantees that banks will step in and pay
      Reuter  -  246 words
    • 264 9 Reuter AUCKLAND New Zealand's heady interest rate rally is coming to an end and financial markets are set to focus on the country's mounting budget deficit problems. National Bank chief economist Girol Karacaoglu told a corporate financial officers' conference yesterday that the
      Reuter  -  264 words
    • 663 9  -  THE S^K^^OL 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
      Source: Refco S'pore Pte Ltd  -  663 words
    • SMALL CHANGE
      • 90 9 LONDON Troubled British local authority insurer Municipal Mutual Insurance Ltd (MMI) said on Friday it is to be taken over by its counterparts in France and Belgium and it will join the Eurosafe group of continental municipal insurers. MMI said it
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      • 109 9 AUCKLAND Reserve Bank deputy governor Peter Nicholl said yesterday he believed New Zealand short-term interest rates had probably fallen as low as they could, while longer-term rates had some limited scope to fall. "I suspect at the short end there's not much further for them to
        109 words
      • 91 9 CANBERRA Australia is examining its prospects of becoming a major financial services centre for the Asia-Pacific region, competing against Singapore. Junior Trade Minister Stephen Martin, who headed an inquiry into Australia's banking system, said yesterday he has been assigned the task of investigating setting
        91 words
      • 79 9 LONDON The chairman of the Securities and Investments Board (SIB), Andrew Large, said he plans a fundamental review of the UK's approach to the regulation of the financial services industry, the Observer reported on Sunday. Mr Large recognises the lack of public confidence in the
        79 words
  • Page 9 Advertisements
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  • THE REGION
    • NOTE BOOK
      • 117 10 NEW DELHI Some 30 placard-waving Myanmar students attempted to march on the country's embassy yesterday on the third anniversary of dissident leader Aung San Suu Kyi s solitary confinement in Yangon. The students shouted "Free Suu Kyi" and "Down, down SLORC", the acronym of Myanmar's
        117 words
      • 67 10 CANBERRA The Australian construction industry remained flat in the first quarter. The Australian Bureau of Statistics said yesterday that a small quarterly increase in residential construction offset falls in non-residential building to leave total activity at A 55.555 billion (556.666 billion). Total construction in the third
        67 words
      • 31 10 MANILA Philippine President Fidel Ramos (right) leading professionals and students on an early morning jog last Sunday. Mr Ramos is known to be a physical fitness buff.
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      • 102 10 CANBERRA The Australian government has announced a variety of measures in a bid to boost processed food exports. The assistance measures are based on the belief that Australia produces "high quality, safe and nutritious" food, according to a press release issued here. The government has
        102 words
      • 87 10 ISLAMABAD The Pakistan army won a battle on Sunday for controversial extra powers to tackle political and criminal violence in troubled Sind province. President Ghulam Ishaq Khan issued a decree giving the army powers to launch search and arrest operations in support of the civil
        87 words
    • 485 10 Bid for closer ties follows dispute with Beijing Reuter HANOI China's recent push into the South China Sea has increased Vietnam's desire to forge new economic, political and even eventually military links with its non-communist neighbours, say diplomats. Vietnamese Foreign Minister Nguyen Manh
      Reuter  -  485 words
    • 169 10 AFP HANOI Vietnam began work yesterday on a landmanagement system that UN officials said would spur economic development and make the country more attractive to foreign investors. The feasibility study is to be completed in 10 months with technical and financial assistance worth more than
      AFP  -  169 words
    • 313 10 AFP MANILA Chamlong Srimuang. who led the pro-de-mocracy protests which rocked Thailand this year, is to receive the Ramon Magsaysay award. Asia's equivalent of the Nobel Peace Prize, the award foundation said yesterday. The popular opposition legislator and former Bangkok governor was cited for
      AFP  -  313 words
    • 243 10 Reuter CANBERRA The Austra- I lian authorities will be able to detain illegal immigrants automatically under new laws announced by the government yesterday. Immigration Minister Gerry Hand said the changes meant that anybody who was in Australia unlawfully, by overstaying their
      Reuter  -  243 words
    • 215 10 Knight-Ridder JAKARTA Domestic capital investment in Indonesia is expected to fall by 30 per cent this year to about 28.50 trillion rupiah (5522.4 billion), the government's Investment Coordinating Board (ICB) has forecast. The government approved about 13.50 billion rupiah of domestic capital projects in
      Knight-Ridder  -  215 words
    • 294 10 Knight-Ridder. KUALA LUMPUR Malaysia is confident of containing 1992 inflation at 4.5 per cent, Finance Minister Anwar Ibrahim said yesterday. Malaysia recorded an annual inflation rate of 4.9 per cent in May. "We are confident of containing the increase in the
      Knight-Ridder.  -  294 words
    • 310 10 Reuter MANILA Philippine Finance Secretary Ramon del Rosario and Central Bank governor Jose Cuisia left the capital vestcrdav to sign a USS4.B billion (557.6 billion) debt rescheduling package with the country's creditors in London on Friday. The two officials will fly first
      Reuter  -  310 words
    • 412 10 Unesco representative sees need for immediate urgent action AFP, Reuter PHNOM PENH Cambodia's cultural sites are being illegally excavated and hundreds of art objects are being looted to feed a growing international market, a national workshop was told yesterday. Immediate urgent action
      AFP,; Reuter  -  412 words
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      46 words

  • THE WORLD
    • 389 11  -  By Harish Mehta SINGAPORE Power supply companies in the United States and Europe are going to invest about Ss3 billion to help alleviate a shortage in the southern Indian state of Karnataka, the country's Silicon Valley. Karnataka's chief minister S Bangarappa. in Singapore
      389 words
    • 206 11 Reuter TAIPEI Export orders for Taiwanese goods in the first half of this year climbed 7.6 per cent from a year earlier to U5539.58 billion (5563.7 billion), but growth in orders showed signs of slowing, the Economics Ministry said yesterday. Booming
      Reuter  -  206 words
    • WORLD WATCH
      • 73 11 LONDON Mexican President Carlos Salinas de Gortari says European investors should put more money into Mexico to get a foothold in the North American free market zone being agreed with the US and Canada. "The proposal of a free trade agreement between Mexico, the
        73 words
      • 68 11 BEIJING The Japanese government is to extend loans worth a total of US$l.l billion (SSI.B billion) to China this year. The China Daily newspaper said last Sunday that the loans were to finance 16 ongoing construction projects and five new ones, including two 300-megawatt
        68 words
      • 29 11 MOSCOW A street vendor selling Investia last Sunday in the subway. Izvestia is no longer an independent newspaper but a daily of the Russian Parliament.
        29 words
      • 64 11 KIEV Ukraine's economy, caught in uncertainty over the course of its reform programme, slid further into recession in the first half of this year. The government newspaper Uryadovy Kurier said over the weekend that Ukraine's national income fell 15 per cent in the first half of
        64 words
    • 427 11 Reuter MOSCOW The Russian government is on course for a showdown with its farmers who say economic reforms have pushed them to the verge of bankruptcy. The farmers insist the state pays them more for their grain. Farmers in several southern
      Reuter  -  427 words
    • 243 11 Reuter MOSCOW Former Soviet vice-president Gennady Yanayev, who led the "Emergency Committee" which ousted Mikhail Gorbachev for three days last August, said his only major regret was that he failed to carry through his plans. But he said the eight-man committee might have made a mistake
      Reuter  -  243 words
  • Page 11 Advertisements
    • 147 11 THE NEW, IMPROVED MITSUBISHI SPACEWA6ON. WE IM PROVED NOTHING. Space, as you well know, is nothing. What you put into it, and around it, is everything. Which is why our new Mitsubishi Spacewagon transports up to 7 people (plus luggage) with such refinements as a 1.8 litre, 16-valve engine, computer-controlled
      147 words

  • 470 12 EDITORIAL THE Hongkong Government was forced last week to reveal a secret it had kept since 1935. Under pressure from the International Monetary Fund, Japan and other financiers of its stalled airport project, it suddenly announced that it is sitting on a nestegg of US$3O billion
    470 words
  • WHAT THE OTHERS SAY
    • 298 12 THE recent announcement by the Government to publicise the promotions of its senior officers was to address an equally important problem ot building a sense of pride in. and belonging to. the administrative service. So too. the decision to establish a Civil Service College to bring together
      298 words
    • 105 12 WITH THE PLAN by the five hospitals to widen the scope of day surgery more and more people can benefit from it. This is one way to help minimise health costs. But one surest way to overcome the problem of rising medical costs is for the people
      105 words
    • 114 12 AMERICANS must first solve their own problems before they can play the role of world leadership effectively. But if America's political leaders and electorate become more and more inward looking as a result of domestic economic problems, and become increasingly passive about external developments, or worse, anti-foreign,
      114 words
  • REGIONAL VIEWPOINTS
    • 150 12 IT MUST surely be with a tired sigh of relief that consumers are greeting the coming into being of the long-delayed piece of legislation the Direct Selling Bill which will be tabled in Parliament next week. and. if approved, to become law early next vcar. The
      150 words
    • 154 12 IN SUM. one can argue that Thailand has no actual party system, that most of the existing parties are more like political factions banded temporarily together to contest in general elections. After the poll most of the elected politicians do what they please for their personal
      154 words
    • 190 12 BY ONCE AGAIN rejecting the possibility of an amnesty for illegal immigrants. Governor Chris Patten yesterday did his best to dispel any lingering false impressions created when he took the unprecedented step of accepting a petition in person outside Government House last Sunday. Officials are equally gloomy
      190 words
  • 1195 12  -  The idea of an industrial policy has picked up steam because many Americans yearn for Washington to do more to strengthen the economy. Steven Greenhouse reports Steven Greenhouse NYT INDUSTRIAL POLICY, the notion that government should help the industries and technologies of the
    NYT  -  1,195 words
  • Page 12 Advertisements
    • 56 12 I (t— The Eyecufeve Housekeeper -this hotel 1 O I I wants is me. Bob I'll never neglec-t I I ANY JOB. ANY CAREER. AVAILABLE ANY DAY. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New Paper Lianhe Zaobao Lianhe Wanbao Shin Min Daily News Berita
      56 words
  • Page 12 Miscellaneous
    • 29 12 DOONESBURY GARRY TRUDEAU OH HI HON I CAN XXJ SORW.HON. NO, MY MOTHER! HI, SHARON. WCHW HIS WHAT* trsßoaPs*. I•ESXHV Jjl P N MIS&PHIM. Cs. THBCAR* /i/1L 0 K
      29 words

  • ANALYSIS
    • 978 13  -  The days when big Japanese companies routinely roll out the likes of former British prime ministers to inaugurate expensive investments are all but over, at least for the foreseeable future, says Erik Ipsen Erik Ipsen IHT LAST WEEK, amid the popping
      IHT  -  978 words
    • 1181 13  -  Florence Chong, reporting from Sydney, looks at Australia's unemployment situation, the worst since the Great Depression in the 1930s Florence Chong, IT really was a damning indictment on the economic management of Australia when a leading newspaper of the country, cried:
      1,181 words
    • 891 13  -  Kenneth Gilpin talks to private analysts to find out what they expect from Alan Greenspan's presentation on US monetary policy and the economy today Kenneth Gilpin NYT AFTER three years of trying to put the economy on track towards a stable,
      NYT  -  891 words
  • Page 13 Advertisements
    • 143 13 f National University of Ireland s Dublin 1908 Bachelor of Financial Services Ist Intake o August 1992 •Correspondence Study Programme Structure Contents The BFS Advantages 12 modules presented over 18 months asfollows: Dieted progress, as opposed to the traditional independent correspondence mode Management Accounting ft Finance 0 2 subjects every
      143 words

  • Page 14 Advertisements
    • 949 14 MB Nothing Beats A Bud. BraVa where to wine, dine MMmumi I—3l July At our International Buffet, you can treat your palate to superb fare from exotic regions all over the world in the spaciousness of our fully-renovated Cafe Plaza. Adult: $16f+ Child: $10++ Menu (Ai>ig» n-giiljrly. Plaza Hotel A
      949 words
  • Page 14 Miscellaneous
    • 497 14 TELEVISION AND RADIO V A _T A SBCl* IK- ay powers the thugs out to get B(|slHtSB(lH^^) v lnnoccni viciiiiis s^ss^s^^ ■BSIBBSI *Wf The Inform"" OrgTnis! 12.M MM CtoM. Radio 1,90.5 arib in VHF Band N TV* 1010mn cm* c ation. SBCo mi. ...m j.' 8.10 am: Financial News D
      497 words

  • LIFESTYLE
    • 853 15  -  Film buffs and fans of the funnies are in for a treat. The British Film Festival pays tribute to the late comedian Peter Sellers, reports Nirmal Ghosh Nirmal Ghosh FILM buffs never had it so good. First the Singapore International Film Festival brought some recent gems
      853 words
    • 549 15 PEOPLE magazine's choices for the top 10 teen idols of all time is heavily weighted towards males only two are women. Here they are, with descriptions: Jaaes Dean, a tarnished angel; Madonna, a hall of minors; the Beatles, the pop event of the
      549 words
    • 863 15  -  Judith Miller reports on Iran's flourishing movie industry Judith Miller NYT THERE are no nude scenes. In fact, men and women rarely ever touch. There are no "Lost Weekends" featuring Iranian Ray Millands, no alcoholics no alcohol no "Saturday Night Fevers", bars or
      NYT  -  863 words
  • Page 15 Advertisements
    • 166 15 AND ENTERTAIN d>nU 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. A ANA HOTEL SINGAPORE For reservations, call 16 S'w* kcs 732-1222
      166 words
    • 85 15 It fill ill J«'» J'*J ProMotion| B A B Experience the freakeat frca the tea at CHINA CHINA RESTAURANT Special set menus available for laaeh and dinner from J $68 (2 persona) to $338 (10 peraona) I J For reservations, pleaae call 3224 228/9 i I i MARINA BAY OOLF
      85 words

  • INNOVATION & TECHNOLOGY 1
    • 1119 16 Global alliances are a growing trend in the semiconductor industry as former rivals recognise the need to share rising costs and risks FT SEMICONDUCTOR memory chips have long been the subject of bitter trade tensions between the United States, Japan and Europe. Now these crucial
      FT; Source: Dataquest  -  1,119 words
    • 319 16  -  Claire Leow reports on a pact between two traditional rivals Claire Leow Leading disk drive makers Seagate Technology and Quantum Corp have signed an agreement to share patented technologies. The pact, signed last Wednesday in California where both are based, would allow the two
      319 words
    • 490 17  -  Move is part of plan for it to be self-financing, says Claire Lfiow Claire Leow M. THE Singapore Computer Society (SCS) plans to adopt a more businesslike approach in its aim to be a self-financing body. For a start, it will hold more special
      490 words
    • 315 17  -  Joseph Rajendran on how PC maker plans to find market niche Joseph Rajendran THE chairman and chief executive of Taiwan's biggest personal computer maker will be in Singapore from tomorrow for a three-day visit packed with public engagements. Acer boss Stan
      315 words
    • 397 17 NYT CAN Digital Equipment survive, or does Kenneth Olsen's departure come too late? The answer is a qualified "maybe". And the company can survive only if it is able to execute immediately a strategy that seems to have been recently put in
      NYT  -  397 words
    • 462 17  -  Jennifer Lien on why the UE unit has an edge over competitors Jennifer Lien OPTICAL publishing company Graphic Communications (Graphicom), a subsidiary of United Engineers, has set its sights on a new market: museum and exhibition design. Operating from its new 33,000 square
      462 words
  • Page 16 Advertisements
    • 240 16 THE CASE FOR PUTTING ALL YOUR EGGS IN ONE BASKET. What would you think of a company that is open for business 24 hours a day, seven days a week? Workaholics? A company whose worldwide network operates on an almost identical basis all over the world? A touch obsessive? That
      240 words

  • Page 17 Advertisements
    • 172 17 Why wait months for your arm to be replaced? Aoft L TiiiiwlM Chances the a transaction, office the arm could take you months omically-inclined that before you'd see it you see it again. Unless it Diethelm chair), drop in to posture, we wouldn't be happens to be a Diethelm our
      172 words

  • SPORTS
    • SIDE LINES
      • 175 18 WASHINGTON Top-seeded Petr Korda responded to his marquee billing on Sunday by winning the USS62S t OOO Nationsßank Classic with a 6-4 6-4 decision over relative unknown Henrik Holm. The fifth-ranked Korda (right), a feisty combatant on court who bowed to the crowd after
        175 words
      • 103 18 NEW ROCHELLE, New York Juli Inkster, who entered the final round with an eight-stroke lead, struggled to a 3-over-par 74 on Sunday and held off Hall of Famer Nancy Lopez by two strokes in the US$5OO,OOO JAL Big Apple Classic. Despite her fourth-round troubles, Inkster completed
        103 words
      • 113 18 TOKYO Japan's Honda Motors will decide in September whether to pull out of Formula One motor racing next year. The Asahi Shimbun newspaper said on Saturday that Honda would leave Formula One after this year because of rising costs, stricter limits on engines and
        113 words
      • 118 18 MAHWAH, New Jersey Monica Seles turned the tables on Jennifer Capriati by beating her teenage rival in straight sets on Sunday in the final of the Pathmark Tennis Gassic. Seles, the top seed, got off to a fast start in the exhibition match and then had the
        118 words
    • 1320 18 British Open NYT GULLANE, Scotland Just when it all seemed gone in the wind and sands of Muirfield all the preparation and superlative play and bulletproof composure and, most important, a four-shot lead Nick Faldo rose from the depths of desperation on Sunday
      NYT  -  1,320 words
    • 455 18 Federation Cup AP FRANKFURT Having done her job of delivering the Federation Cup title to Germany, Steffi Graf tried her hand at coaching. Fortunately for Germany, she intends to keep playing. The stunt came after Germany took the title away from Spain by sweeping the
      AP  -  455 words
    • 914 18 AP LONDON The fight against doping may have expanded since the Ben Johnson scandal of 1988, but drugs remain a major threat to the integrity of the Olympics and the health of the athletes. Despite increased testing, tougher penalties and serious medical risks, athletes
      AP  -  914 words
    • 593 18 Tour de France AP L'ALPE DHUEZ, France It was a day of extremes for the American cyclists. One, Andy Hampsten, won the toughest stage of the Tour de France. The other, three-time champion Greg LeMond, dropped out of the race on Sunday for the
      AP  -  593 words
  • Page 18 Advertisements

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3747 19  -  By William Chia WITH SHARES closing at their lowest levels since end-April, the Straits Times Industrials Index fell below the key 1,450 support level yesterday. The benchmark index closed 5.39 points lower at 1,448.63 after trading in a narrow range for most
      3,747 words
    • Article, Illustration
      66 19  -  -By Quak Hiang Whai Comment TONGKAH Holdings, which has been rising sharply since early April, broke through the $1 JO resistance yesterday. But its last two price peaks were accompanied by lower bottoms in the daily stochastics. High weekly RSI and stochastics suggest a near-term correction, probably to
      SOURCE: BRIDGE INFO  -  66 words


  • 3107 21 fongkah Hldgs 142 +18 Magnum Corp 50* 496 +14 "*"2.9% Malavawata 188 +10 M Mosaics 86 7% 96 1 M C ement 50- 257 >7 2.8% M Resources 84% 5% +7 UMW 284 4 +1.4% MCB Hldgs 50* 97% +3% +3.7% I ien Hoe 81
    3,107 words
  • Page 21 Advertisements
    • 82 21 gfc, w She is 20 years old, single, the youngest m daughter in a family of three sisters. Her real name is Monthira Wongura. But in Patpong, she is called Aey. Her job: A hooker, a one-night stand, a week-long girlfriend, a month-long mistress. A prostitute, in other words. Aey
      82 words

  • BT SHARE INFORMATION SERVICE
    • 273 22 Company Date Year Groap Nat Nat earnings Cress aim to profit/toss (L) par share dividend ('•00) (cants) MC HMgs Jul 17 Mar 92 HK$182,755(1197,832) 52(56) 40(40) Roth In* Jul 10 Mar 92 $33,451n( $45,747) 29 2(39 9) 50(65) GB HMgs Jul 10 Mar 92 S4.166($6.776) 6 1(9.9) 10TE(10TE)
      273 words
    • 192 22 Company Date Year Group pro-tax Not earnings Gross ann to profit/loss (L) per skare dividend (000) (cents) GP Batteries Jul 2 Mar 92 $15,492(114.186) 41 3(479) 18 8TE(17 6TE) Pelangi Bbd Jul 1 Mar 92 M$37.824($22.583) 11(9) 15(10) Peitama Jun 30 Mar 92 $4,456(12.647) 4 9(3 9) 5(-)
      192 words
    • 170 22 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend ('000) C Properties Jul 15 Jun 92 $8.203(55.029) 25(20) M Cement Jul 6 May 92 MJ36 539(137.272) 18(16) Asia Pacific Jun 26 Mar 92 163.038(159.214) MN(ION) F&N Jun 26 Mar 92 J99.550($89,232) 92(92) Pacific Can Jun 26
      170 words
    • 759 22 Current Ex Books Date Total for Total for payment date dose payable the year last year Mei rtdp 50c 6"o(b) Aug 26 Sep 7 Sep 24 6% 61 Amcd 25c 101 Aug 21 Aug 27 Sep 10 10% 10% Apolo 2 5% Jun 3 Jun 16 Jut 23
      759 words
    • 457 22 Company Rights Issue DiC Ba* One-tor two fc, MSI 25 per share Ei-date Jun 2 Books dose Jun 17 Acceptance Payment to! 30 Eu Tin San| Three-tor-one SI 05 per share Ei-date km 17 Books Close Jun 27 Acceptance Payment Aug 3 MM Three-tor-tour at MSI 00 per
      457 words
    • 468 22 W 17 Cerebos Pacific Ltd's Australian food ingredients subsidiary, Solutech Foods Pty Ltd, and OCA Food Industries Inc of the USA has formed a pint-venture. Solutech-OCA Food Industries, to create new specialty coatings adn other new products for food processors. M 16 oc A wholly-owned subsidiary of Keppei
      468 words
    • 88 22 PJ Development Hokfings Bhd: EGM at No 21 23, Jalan Hussetn (Ground Floor), ***** Ipoh. Perak Darul Ridzuan, Malaysia, on Thursday. July 23, at 10.30 am Transmarco Ltd: AGM at 65 Chulia Street #33-00, OCBC Centre. Singapore 0104, on Friday, July 24, at 11.30 am Metro Holdings Ltd:
      88 words
    • 363 22 Ia local cut In S$ In US$ dy yr %dy %yr dy yr Jnly 17 Index chge chge chge chge chge chge World 379.2 1.2 -7.1 -0.9 -6.8 -1.0 -6.2 fEAFE 443.6 -1.7 -11.7 -1.0 -10.1 -I.I -9.5 Europe 412.5 -1.9 0.3 -0.9 3.9 -l.l
      363 words
  • 593 22 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
    • 4924 23 Bernama IHARE PRICES in Kuala .umpur closed mixed yesterlay on the continued lack of resh local incentives. The CLSE Composite Index endid at 602.76, down 2.57 joints from Friday's close vhile the Industrial Index fell 1.36 points to 1,028.53 and nain board
      Bernama  -  4,924 words

  • STOCK EXCHANGE OF THAILAND
    • 1841 24 Reuter INVESTORS sold in the afternoon yesterday to take profits from recent price rises and over worries of sharp losses in Tokyo, brokers said. The SET Index ended 0.21 points higher at 758.92 on a turnover of 8.85 billion baht. Advances led declines 129 to
      Reuter; Source: Bridge Info  -  1,841 words
  • JAKARTA STOCK EXCHANGE
    • 968 24 JAKARTA stock prices closed mixed on selective buying yesterday and brokers said sentiment was bullish on industry shares. They said strong selling put some bank shares under pressure after they had held steady for a few weeks on market expectations that the government would
      Source: Bridge Info  -  968 words
  • CHINA STOCK EXCHANGES
    • 243 24 Bloomberg THE ALL CHINA Stocks Index rose 70 points, or 2.3 per cent, to 3,146 as prices of "A" shares, which can only be bought by Chinese citizens, soared in Shenzhen. "B" issues, available only to foreigners, were up slightly. The index is
      Bloomberg  -  243 words
  • Page 24 Advertisements

  • TOKYO STOCK EXCHANGE
    • 2580 25 Reuter TOKYO stocks closed sharply lower yesterday in thin trade. The Nikkei Average ended 663.59 points down at 15,884.48. Futures-linked selling combined with worries about corporate earnings and real estate debts to slash prices, brokers said. The broader first section Topix index was down 40.96
      Reuter  -  2,580 words
  • STOCK EXCHANGE OF HONGKONG
    • 2509 25 Reuter THE blue-chip Hang Seng Index fell 2.3 per cent to below 6.000 points in relatively light trade yesterday, as uncertainties over the airport financing dispute and China's preferred trade status with the United States prompted players to take profits. The Hang Seng
      Reuter  -  2,509 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2125 26 AFP OFFSHORE weakness triggered a 1.5 per cent plunge on the Australian share market in trading yesterday, the biggest one-day fall in three months. Brokers said falls on overseas markets had touched off a wave of pessimism about the local economic recovery.
      AFP; Source: Bridge Info  -  2,125 words
  • REGIONAL STOCK MARKETS
    • NZ stocks tumble in largest one-day fall
      • 316 26 NEW ZEALAND stocks tumbled 2.66 per cent yesterday following falls in overseas bourses on Friday. TTie NZSE--40 Capital Index fell 42.45 points to 1,555.0, after having risen to a 21month high of 1,604 on Friday. It was the largest one-day fall since Nov 18. 1991, when the index
        316 words
      • 563 26 MANILA share prices rose slightly yesterday as selling pressure eased and investors slowly re-entered the market in anticipation of stronger corporate earnings in the third quarter of this year, brokers said. The Manila Stock Exchange Composite Index rose 3.52 points to end at 1,453.00. Gainers outnumbered losers 46 to
        563 words
      • 504 26 TAIWAN'S stock index plunged 2.4 per cent yesterday after nervous investors dumped shares in the last hour, brokers said. Many believed the index would soon test support at 4,000 points. The index fell 100.96 points to close at 4,147.59, its lowest level since last October. Turnover was a moderate
        504 words
      • 864 26 SEOUL stocks closed slightly lower in weak trading yesterday despite a short technical rebound in the early afternoon session, brokers said. "At one point in the early afternoon, the market looked as if it would improve. But selling pressure came back to end the market lower," Nam Kj-yul at
        864 words
      • 51 26 lINDiCES TURNOVER Close PlWllM Jaly 20 NEW ZEALAND NZSE-40 Capital 1,555 1,597.45 -42.45 MANILA Composite Index 1,453 1,449.48 3.52 Turnover (mil pesos) 158.2 215.7 -57.5 TAIPEI Weighted Piice Index 4,147.59 4,248.55 -100.96 Turnover (NTS billion) 22.88 16.4 +6.48 SEOUL Composite Slock Index 505.30 505.64 -0.34 Turnover (billion won) 95.7 71.3
        51 words
  • Page 26 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1195 27 REPORTS Tokyo: The US dollar closed narrowly niixed in Tokyo yesterday compared with its Friday New York closes. Some limited rises were seen on short-cover-ts The US currency firmed against the rtiark in the morning, but eased back on qomments by a Japanese government
      1,195 words
    • 390 27 Cross rates iii US$ SS MS Dm Yen SFr AS NZS t'SS 1.6090 2.4960 1.4550 124.30 0.5128 1.2970 1.3387 1.8215 SS 0.6215 1.5513 0.9043 77.2530 0.3187 0.8061 0.8320 1.1321 MS 0.4006 0.64 0.5829 49.7997 0.2055 0.5196 0.5363 0.7298 Dm 0.6873 1.1058 1.7155 85.43 0.3525 ***** 0.9201 1.2519
      390 words
    • 533 27 Interbank rates S> Bid Offer 6«ai|hi 2 1/8 2 1/4 Wmonth 2 1/8 2 1/4 2rmonth 2 3/16 2 5/16 5-ttlontli 2 1/4 2 3/8 0»erni|ht mode: 2-1/4 ISS Bid Offer f days 3 5/16 3 7/16 I month 3 5/16 3 7/16 t months 3 5/16 3
      533 words
    • 298 27 Reuter KUALA LUMPUR Malaysia's central bank governor Jaffar Hussein said the bank was considering reforms to deepen the secondary market in government bonds, including removing curbs on the repurchase (repo) market. Bank Negara is looking into removing statutory reserve requirements on
      Reuter  -  298 words
    • 1538 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Act/Vol Op/lnt Sep 92 96.52 96.53 96 51 96.53 1350 3139 ***** 9 Dec 92 96.08 96.11 96.07 96.11 3300 4986 ***** 9 Mar 93 96 05 96.08 96.05 96.08 2800 3650 ***** 9 Jun 93 95.73 95.75 95.73 95.75
      1,538 words
  • Page 27 Advertisements

  • COMMODITIES
    • 349 28 FT MOSCOW One of the largest copper deposits in the world, in Siberia, is to be opened up to international tender by the Russian government soon. The project is expected to show a different approach by the Russian government to
      FT  -  349 words
    • 307 28 FT CALCUTTA India, the world's biggest tea producer, is likely to harvest a crop of 730 million kg in the current year, compared with 741.7 million kg in 1991, when production increased by 27 million kg. In its annual
      FT  -  307 words
    • 751 28 REPORTS THE Kuala Lumpur Tin Market slipped further on heavy selling activity with the metal closing 46 sen lower at M$ 16.38 per kg yesterday. "The local market seems to have lost its stability following the London Metal Exchange's massive falls last
      751 words
  • 1637 28 Rubber RAS Commodity Exchange (futures dosing as at 1pm) HAS (physical prices) 1 RSS 1 Contract Month High Low Aug 92 142.75 142.75 14 Sep 143.25 143.25 14 Oct 143.25 143.25 14 Nov 143.25 143.25 14 Dec 143.25 143.00 14 Jan/Mar 93 144 50 144.50 14 Apr/Jun 0.00 0.00
    1,637 words
  • Page 28 Advertisements
    • 703 28 BUSINESS TIMES Tod Iree Tel No 737 0043 -Fax No: 734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I Lee Kin Chiow of 820 A, Duneam Road, Singapore 2158, have applied for a Retail Beer Shop licence in respect of premises at M/s Nancy Minimart at Hougang Ave
      703 words

  • 1197 29 City Fig* ETA PtgM tTO Ate MmM GA893 1345 GA974 0005 GA886 0010 GA982 0250 SQ228 2025 QF82 2205 IwiHrrl—I KL837 1255 GA974 0005 GA893 1345 GA892 0150 SQ323 1815 KL838 2240 SQ338 2315 Atfrtf SQ348 2300 lackland NZ35 1550 SQ288 2015 SQ286 2030 SQ285 2115
    1,197 words
  • THE TRAVEL PAGE
    • 666 29  -  LETTER FROM PARIS By Paul Taylor FED UP with French food? Bored with the beaches? Weary of wine? Why not visit a French factory this summer? A factory? Yes, industrial tourism is the latest fad in a country which receives almost as many foreign
      666 words
    • 152 29 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1 1968 1.2130 Canadian dollar 1.3402 1.3673 NZ dollar 0.8735 0.8912 Sterling pound 3.1230 3.1655 US dollar 1.6070 1.6130 Local dollar* to 100 units of foreign currency Austrian schilling
      152 words
    • 67 29 Duration Title Venue Organiser Tel Aug 22-25 International Trade Fair for Consumer Goods Frankfurt. Germany Messe Frankfurt GmbH (49)69/***** Sep 6-9 Fine Food Melbourne Australian Exhibition Services (61)3/867 7981 Duration Title Venue Organiser Td Sep 6-10 International Earls Court. Reed Exhibition 081-*****71 Watch. Jewellery London Companies Ltd
      67 words
  • Page 29 Advertisements
    • 38 29 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. W« know Europa from aUrt to Finroih
      38 words
    • 5 29 WEEKENDeast QCTMUOU Call *****46 *****52
      5 words
    • 804 29 BUSINESS TIM E_S Toll free Tel No 737 0043 Fax No: 734 3698 IN THE MATTKR OF THE COMPANIES ACT, CAP. 50 AND IN THF. MATTKR OF chemplis trading PTE LTD (In Members' Voluntary Liquidation I Special Resolutions At an Extraordinary General Meeting of the members of CHEMPLUS TRADING PTE
      804 words
    • 283 29 IN THE MATTER Of THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF STATUS INVESTMENTS (PTE)LTD (IN MEMBERS VOLUNTARY LIQUIDATION) FINAL MEETING Notice is hereby given, in pursuance of Section 308 of the Companies Act. Cap 50. that the FINAL GENERAL MEETING of the members of the abovenamed Company
      283 words
  • Page 29 Miscellaneous
    • 260 29 retired agent through 8 Fellow fighter rejoined 11 Prank by a songster (4) 12 It comes before I have a I *1 I I I I I craving LhJ U 13 Alternative presented to Liberal in words (4) 16 Dressmaker recognised as in fashion 17 Royal family becomes un- pleasant
      260 words
    • 164 29 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Report Maximum temperature 30.6 Assoc humidity 70% Minimum temperature 24.1 Assoc humidity 96% Hours of sunshine 5.50 Rainfall in mm 1.8 Rainfall this month 148.4 Rainy days this month 11 World report Asia-Pacific Hi/Lo* Cond. Auckland 14/05
      164 words
    • 17 29 I'PO ON T\-\£. HORNS OF A IN-TfcfV/ OR OOT-TRRV-... DCCISiONS.... TVW is THe-G?ue.STiON ■> IVtNMO $T*MO*«o CO ITO
      17 words

  • 550 30 Third party may join Chart Thai, Samakkhi Tham AFP BANGKOK With less than two months to go before one of Thailand's most crucial elections, two major political parties have merged, strengthening the pro-mili-tary camp and further demarcating the battle lines. The
    AFP  -  550 words
  • 351 30 AFP BEIJING China is to take measures during the rest of this year to keep economic growth from going out of control, the State Statistical Bureau said yesterday. "Overall, the economic situation is good, but there exist some factors of instability,"
    AFP  -  351 words
  • 390 30 OSiBRESIDEISITCea.* Reuter. UPI NEW YORK The 1992 race for the White House was fully under way on Sunday as Democrat Bill Clinton shook every hand in sight on a bustour campaign swing into the Midwest and traded verbal jabs with President
    Reuter.; UPI  -  390 words
  • 193 30 Reuter NEW YORK Murphy Brown is plotting revenge on US Vice-President Dan Quayle in the next series of her comedy show, the programme's creator told The New York Times yesterday. Diane English said that the new series starting in September would respond to Mr
    Reuter  -  193 words
  • 368 30 Reuter KUALA LUMPUR A Malaysian opposition leader stunned Parliament yesterday by presenting a copy of a videotape which he claimed showed a former deputy speaker having sex with several women. (Carpal Singh of the Democratic Action Party claimed he had
    Reuter  -  368 words
  • 829 30  -  The Bottom Line CONRAD RAJ CONRAD RAJ The writer is a BT news editor ARE THERE similarities between the stock market and Singapore's system of auctioning certificates of entitlement (COEs) to own vehicles? 1 would argue that there are interesting parallels
    829 words
  • 406 30 Reuter MANILA China assured a nervous South-east Asia yesterday that it will refrain from asserting its military might in the region and would settle its dispute with five nations on the Spratly Islands "when conditions are ripe". Chinese Foreign Minister Qian
    Reuter  -  406 words
  • Page 30 Advertisements
    • 326 30 f Singapore's most popular Nitsuko Key Telephone System J ham long to get Ramon Magsaysay prize, Pg 10 Credit expansion is twice govt's target, Pg 2 GM YOUR HQ THE EXECUTIVE TREATMENT Diminished l,nes Wjlll^^^^funehnes Removed the look of the onset of YVf ■P B lurrovea RemtMM- s,essknes open pores
      326 words
    • 8 30 Clinton factor seen hurting t'S stocks Pg 7
      8 words
    • 25 30 SINGAPORE fOM/MCZ Distributor of the most sought after Key Telephone System ■I^^F Tel: 278 7088 J Spretiys row pushing Hanoi closer to Amu, P| 10
      25 words

  • Shipping Times
    • 564 31  -  Shipping companies, SNSC should have dialogue: TDB By Amir Khalil SINGAPORE The Singapore government appears to be reluctant to impose legislation to force carriers to consult shippers before increasing their rates. Last month BT reported that the Singapore National Shippers' Council (SNSC) called
      564 words
    • 264 31  -  By Diana Oon SINGAPORE The English port of Tilbury managed to make a surplus of £2.2 million (556.86 million) in 1991, despite the more difficult trading conditions last year. The port managed this surplus in spite of an Ellmillion fall in turnover.
      264 words
    • 260 31 MANILA At least 70 firms are interested in leasing and operating facilities at Subic Bay Naval Base after US troops leave the installation late this year, a Philippine official said. Richard Gordon, chief of the Subic Base Metropolitan Authority (SBMA), said
      260 words
    • 158 31 SINGAPORE German carrier Hapag-Lioyd has designed its containerships deployed on the Far EastEurope trade route to take large objects below deck. In a statement from Hamburg, Hapag-Lloyd said each ship was built without a longitudinal kingbeam, thus creating below deck space that was up to
      158 words
    • LOG BOOK
      • 99 32 SINGAPORE Mexico has formalised its request for Singapore's help in developing its west coast port of Manzanillo. Yesterday, the two parties signed a letter of intent which will pave the way for the PSA to provide Manzanillo's management and staff consultancy services and on-the-job
        99 words
      • 57 32 LONDON The authorities in the Crimean peninsula have decided to open the territory's main port of Sevastopol to merchant shipping from all countries, Moscow television said late on Saturday. Under the former communist regime, the pert was closed, as it was the main base
        57 words
      • 62 32 LAGOS The airport in Abuja, Nigeria's capital, will begin to handle international flights operated by Nigeria Airways in November, airline official Abiodun Famodimu said on Saturday. The airport needs to be upgraded to international standards to reflect the status of the plateau city, which became
        62 words
      • 97 32 BARCELONA Up to 50,000 people will stay in the lap of luxury during the Olympic Games on cruise liners and yachts moored in Barcelona harbour, organisers said on Saturday. Some 12,000 a day will be guests on the boats and the floating hotels will be
        97 words
      • 79 32 BANGKOK A Myanmar naval coastguard launch opened fire and sunk a Thai fishing trawler in Myanmar territorial waters, then arrested its 23 crew members. Radio Rangoon reported on Saturday. The official radio station said the sinking occured on Friday morning when a Myanmar coastg'THTdjaunch spotted two
        79 words
      • 94 32 HAMBURG A German shipyard officially delivering vessels to Taiwan for civilian use is helping to transform them into warships, Der Spiegel magazine says in its latest edition, which appeared yesterday. It said several dozen the Abeking and Rasmussen yards at Bremen had spent months on the
        94 words
    • 1210 32  -  The Concorde has been in commercial service for more than 15 years now. Paul Betts questions whether it is about time to develop a second generation of supersonic jets Paul Betts FT FROM the British Airways (BA) headquarters at London's Heathrow airport, mechanics could be seen
      FT  -  1,210 words
    • 883 32 Page Col ABC Containcrtinc 12 I Accord Group 8 1-3 i APL 5 3-5 Arrow Inter 9 2 i •ASCL 5 9 Alpha Feeders 6 I < ANL 3 1/2 < Bait Canada Line 7 4/5 Ball Orient Line 7 4/5 i Bank
      883 words
    • 13869 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      13,869 words
    • 3100 45 A.b< Containerline NV: Bclsin I Shpg Agcncics Pte Ltd (SyMarine 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) Ahrenluel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd
      3,100 words
    • 258 45 Abacus Couriers Td: 545-8011. Fax: *****98. Air Express Travel Td: 533-5771. Fax: *****44. Airborae Freight Corporatioa Tel: 542-8844. Fax: *****16. *****80. Airawift Worldwide Courier Td: 278-0188. Fax: *****83. AJS Supplies Td: 748-6322 (2 lines). 747-7421. Fax: *****75. City-Liak International Td: 344-3377. Fax: *****50. Cluster link Supplies A Services
      258 words
    • 1518 45 Abex Express Freight T Td: 542-7171. Fax: *****84. K A clinic Forwarder T Tel: 225-1833. Fax: *****42. F Activair Singapore F Tel: 542-7821 Fax: *****20. T Aerolink Freight International F Tel: 545-803lFax: *****05. T Aerospeed t Td: 542-5911. Fax: *****18 T Air Cargo Novo Express C Td: 542-5454.
      1,518 words
    • 3035 46 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. 1
      3,035 words
    • 862 46 SHIP SALES TANKER RATES VESSELS ON OfFER Bulk Carriers Young Senator 62.800 dwt and built Jan 1989 Namura. ideas US$22 million. Sovereign Venture: 37.871 dwt and built June 1977 IHI. ideas USSB million but try US$7.5 million. Fsmeralda I: 37.096 dwt and built Sept 1984 Hyundai, best oilers invited. Copper
      862 words
    • 558 46 ARRIVALS DEPARTURES Op Fli«ht Type irrA T From Op Higbt Type ETD T To TODAY TODAY NCA KZ203 B747F 0145 1 NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL617 B747F 0345 I TYO KAL
      558 words
    • 288 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Name of Vessel ETA ETD Ports of Calk Port Agent telephone No JULY 20 20 Ronal Pacific 1300 1930 Sin-P KJang Occan Trade Chartering 299-0366 22 22 Royal Pacific 1300 1930 Sin-P Klang Occan Trade Chartering 299-0366 23 23 Ascan World 0900 1800
      288 words
    • SHIPS IN PORT
      • 476 47 (rod Woi Hi Brti UnM Pqwrturt J tend H» kiM 0»rtw Marina Terminal 1 Sembawans Terminal Batam Baru B165 M03 ato(«ade 20 07/2300 Honzw 6W S02 atongsrte 20 07/2359 Batam Mam *****2 M04 atongside 21.07/0500 Y annis 01/92 S03 alongside 21.07/0800 Batam Murm *****2 M05 atongside 2107/2300
        476 words
      • 232 47 HmvTc rOn Berth: 1: Petego Iso; 2: Aide. 3: Shy Lark. 4: Yuan Ming, 5: Youbang; 6: Kota Makmur. 01 jetty: Sua. D.CJ: Azam II Due on My 20: Rohas Ria, New Line No 1. Pac Ocean. Aries, Kota Machan, Grand Wood Due on My 21: iupiter
        232 words
      • 1627 47 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS SMp Voy No Contamers avaiaMe Slip Voy Ho Ccrtanm avafafale Mawn 60VV *****2 0750 E V«ot 9497W COO(EST) 20 0 7 92 2200 Benia 8hum 35S 19 0792 0905 Karun Jaya I 306 COO(EST) 20 0792 2200 Archimedes 2301W *****2 0930
        1,627 words
    • 921 48 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
      921 words
    • 509 48 THE DRY cargo freight market was subdued and uncertain despite firmer rates on the US Gulf to Japan grain route, brokers said last Friday. The Baltic Freight Index (BFI) shed one point to 1,060. Two Panamaxes were fixed at U5519.50, basis one combination, from the Gulf to Japan
      509 words
    • 398 50  -  By Dexter Lee SINGAPORE Singapore Commuter, the taxi service subsidiary of listed Singapore Automotive Engineering Ltd, has resumed its scheme of allowing passengers to pay taxi fares using their Visa cards. The resumption follows approval from the Public Transport Council, which oversees public
      398 words
    • 261 50 AFP SYDNEY Ken Cowley, the new joint chairman and chief executive of Australia's private domestic airline Ansett, forecast on Sunday that the airline would be a "significant" player in Asian international routes. But any future expansion plans would be dependent upon the
      AFP  -  261 words
    • 255 50 FT LONDON British Airways, which has long signaled its interest in joining forces with an American airline, is close to signing a deal that would give the British carrier a stake of up to 25 per cent in the USAir Group, reported The Sunday
      FT  -  255 words
    • 162 50 AP DEARBORN, Michigan A great-grandson of Ford Motor Co founder Henry Ford. William Clay Ford Jr, has been given a new post at the automaker. The younger Ford has been named general manager of the Climate Control Division, which makes air conditioners and
      AP  -  162 words
    • 278 50 UPI LIVERMORE, California Lawrence Livermore National Laboratory said on Friday it is working with General Motors to further develop a next-generation laser that could significantly improve assembly-line efficiency. GM said it has signed a three-year US$3 million cooperative research and development agreement
      UPI  -  278 words
    • 312 50 Reuter BARCELONA Barcelona residents found much of the city closed to their cars yesterday as draconian regulations came into force to keep traffic moving during the Olympics. But most of them say they like the scheme. From yesterday to Aug 9, the day the Games end,
      Reuter  -  312 words
    • 266 50 UPI SOFIA Bulgarians two most powerful trade unions reached an agreement last Sunday witlv the Sofia city government, ending a fiveday strike that had virtually paralysed the capital, officials and news reports said. The city's several thousand bus. tram and trolley drivers, as well
      UPI  -  266 words
  • Page 31 Advertisements
    • 16 31 Concorde shows its age, Pg 2 Singapore Commuter resumes payment of fares by card, Pg 20
      16 words
    • 130 31 FAR EAST TO EUROPE/ MEDITERRANEAN CALL: 221 8989 MORE WAYS WE KEEP YOU AFLOAT. Whether you want to invest in a vessel, or build a vessel some years and have managed to acquire an enviable reputation you'll find DBS Finance ready to lend a helping hand with our for efficient,
      130 words

  • Page 32 Advertisements
    • 82 32 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 people
      82 words
    • 19 32 OUm mml urvlcii NpftmM by I Maabart «f On »flitry «f kunmA\*JSsXhl For advertising enquiries, contact Shipping TimetTel 740-2089/740-2090
      19 words

  • Page 33 Advertisements
    • 2479 33 V *****11 FAX: *****09 AlliZr H BOOKINGS TEL: *****34 *****58 *****1 jasßfiaajfSi^sy-iS-. [w] PORT KELANG TEL: *****18 FAX: *****91 *****88 r~-7 r—7 T— PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Mipvppj| Dedicated to Quality Service ipoh tel; *****3/4 fax: *****6 Bfiuuu&sfii P.GUDANG TEL: *****2/3 FAX: *****4 i 11 i
      2,479 words
    • 1047 33 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT UNITED ARAB SHIPPING (SAG)] IM VSI/VOY aw NYC 1 BAL 1 0«F I SAV~ imi h i»/7 n/i 1/1 4/1 »/i M «HMM* O 7/1 U/1 14/1 IJ/1 1»/1 SMIt ROSA n N
      1,047 words
    • 1363 33 ■BBWB 2 SAILINGS TO HONG KONG MatNkte Maersk V 9208 ETA Singapore 28/7/92 Anna Maersk V 9209 ETA Singapore 25/7/92 Vassal Voy ETA ETD Faadar by DESTINATIONS LMrort/Arn* This «Nk Mathilda Maersk 9208 CY 28/7 0400 MRS Port W^M CFS 27/7 2359 MRS Kalang Penang OAK LOB HOU MEM ATI
      1,363 words

  • Page 34 Advertisements
    • 1554 34 111 r-dam/ i r I VOY NO S PORE JEDOAH SHAMTON H'BURO ANT LE HARVE I HAMBURG EXPRESS 09/129 23/7 1/8 15/8 11/8 10/8 I- I HANNOVER EXPRESS 09/329 26/7 12/8 14/8 17/8 18/8 Kgt aUM •fOWW I KURAMA 17/130 30/7 8/8 22/8 18/8 17/8 «—I w |i>iM»«r I FRANKFURT
      1,554 words
    • 468 34 I EXPRESS TO PAPUA NEW GUINEA "1 OPOMR CHEFOO VU 77/07 POM/HOM/NOftO LAB/MAP ALAM T ALAMO Vtt WW POM/MOM/Nof*o/RAR OMAI/VM (LCL 4- B/BULK) T/S: ALOTAU. OROBAY. KAVKNG ACCEPTMG LCI FOR MAM PORTS DISCHARGE PORT KELANG H C. TEL: *****01/4 INDIAN OCEAN AND SOUTH AFRICA REGULAR SEMI CONTAMER SERVICE vtssa spore
      468 words
    • 1634 34 ==S=BK^ asßSEaaßHßßKaasssssssaaßESßaaai RSniAßii un REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE VSI/WY SM AL6 BCL HAM BRE ROT ART FE LMA («M (VIA (VM ALG) HAM) ROT) NORASIA MUBARAK 9220-3 22/07 12/00 13/00 15/08 16/ OS 17/00 10/00 19/00 20/00 NORAStt AL-MANSOORAH 9221-3 26/Q7 17/00 10/0S 20/00 21/00 22/09
      1,634 words

  • Page 35 Advertisements
    • 2333 35 0 STRAITS SHIPPING PTE LTD 10 Hbb Chiang Road #11-01 Keppd Towers Singapore 0208 Tol: *****13 Fax: *****17 smf B KOK KMS ME RUN wmf Muara lib RK ZO-Tl"* 22 M 23 M MMUN V.0145/015N *27 UT 2930 ULT STRAITS VENTURE VI(E Muara. lib! KK 26-27 M 2$ M 29
      2,333 words
    • 1782 35 SINGAPORE AGENT: |4vO I /\|tf PAO Containers (Singapore Agencies) Pte Ltd 10 Hoe Chiang Road #07-01 KEPPEL TOWERS, SINGAPORE 0208 ■PIHHHPk Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 2 CR Number: **********0Z FOR FAST COMPETITIVE SERVICE TO NEW ZEALAND (WITH DIRECT CALL TO AUCKLAND) CALL P&O
      1,782 words

  • Page 36 Advertisements
    • 662 36 P**e CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/VOY STORE KOMt WAM H3UW BftEKN WTWW MTMWI/32W8 23/7 25/1 30/1 5/J 10/5 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Bub(«ct to Inducement. Also accepting cargo to Casablanca, Port Said, Port Alexandria. Ganoa, Triaete. AISO ACCEPTING COHVTNTIONAL CARGO VIA T/S TO
      662 words
    • 1384 36 ©HANJIN SHIPPING FMW. rsn UKHMA LGB OAK FOR VS. |UK HAUL M« Ul HTC HUM LONGttACH 0381 1/8 OMCT 16 8 19/8 HMUN KNANCTMK MIE 21/1 K SAVANNAH 033E J/f 4/9 t/9 KIKOAMOISC 25/7 OKCT 23/1 26/8 ££"<£■«•>* j/l J«ni»t W\ HANJM KAOMRMC 00* 9/8 DRECT 30/8 2/9 0/8 HANJM
      1,384 words
    • 1428 36 Mk',IAU d -Id -I d dJ B fl 1 J i Im ix mc nc na ki oa ki w no ui ae w ntcuw iir w f» it I a«T MOM Zl/1 21/7 W7 a/7 11/7 l/« VI 0/0 7/1 0/0 10/0 21/1 l/l «/l i/» IS/I »7/» 10/1
      1,428 words

  • Page 37 Advertisements
    • 1694 37 >/ NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 ICR NO: **********0E) >V BOOK INOS (F ORALL NOL SERVICES) NEPTUNELINK TEL *****f0 (TOLL-FREE) USA SERVICE TERMINAL OFFICE *****22 FAR EAST SERVICE *****00 IMPORT CFS F9. *****09/*****96 B UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 IWWI AUST/INOIA/PAK SERVICE f l9& NEPLINE SON
      1,694 words
    • 1154 37 m sinsov SINGAPORE SOVIET SMPPMG CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUKES: *****33 MARINE HSURANCE SERVICE: *****87/ *****57 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERBHIP SERVICES j EASTBOUND—DBCHMON6 WESTBOUND-LOWE TKUCMrftD W MOBMi i «KU
      1,154 words

  • Page 38 Advertisements
    • 1629 38 K "W AS AGENTS: KAWABAKI SINGAPORE (PTC) LTD mm mm *rn TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I M M m 14 MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHO M. V TEL: SA *****00 PK *****75 PENANG *****0 JB *****1 KAWASAKI KISENKAISHA, LTD Indonesia: p.t. sarana laut internusa. Tel:
      1,629 words
    • 1221 38 B PHIII-ORKNT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA.... ARk SSU WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION —r AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCULCL SERVICE j 30 JUL
      1,221 words

  • Page 39 Advertisements
    • 1867 39 PACIFIC INTERNATIONAL LINES (PTE) LTD BSBB* MM mm mKM 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********0E I JAKARTA I I'ftMMIWK -rfJ VfllEL VOY SIN BKK 8M VESSEL VOY SM JKT MN KOTA SUMA KBRSBN 22/7 SS/7 88/7 EQUATOR HAWK 53N 24/7 MH 30/7 ESTEBRUOOt
      1,867 words
    • 828 39 f P GUDANG PENANG PKELANG OCEAN VSL/VOY SIN SOU(1) RTM (2) HAM (3) GOT (4) E 17/7 17/7 18/7 AROSIA 2282 21/7 7/8 9/8 10/8 12/8 g 24/7 24/7 28/7 NIHON 2292 28/7 14/8 16/8 17/8 19/8 Q 31/7 31/7 1/8 BENARTY 2302 4/8 21/8 23/6 24/8 26/8 E 7/8
      828 words
    • 260 39 NIGERIAN NATIONAL ML SHIPPING LINE IMP NIGERIA EXPRESS SERVICE RIVER KPAN VJ» Singapore aTsuiy ETA Lave* 18 Aug Pert Haroourt 17 Aug Calabar 1® Aug I BSA° I TRANSPORTATION M MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KI| Pen P.Gdf PAGAN VIS4W 20/23 M HPA-AN
      260 words



  • Page 42 Advertisements
    • 2546 42 <4 Conventional Semi-Container Futt Container Liner Services Liner Services »*ru* turn mm 9*l* fli m f>m f>()iplinH*i«W *T. OMfAMMmmUMMm flWflf Iff I —l*h| Hmfi Otmnl A§mts: Booking Ay tl. u fersmrmi «*> Muda Musi 2MManKo*m JHHAw&WM ric*F~,s»mv* >£**£;**» Tzzy******"""" EES2- Z'SSiXSSI!'" Enterprise Co Ltd %33, 2 (41ine5) rm-sssioes hmc Buikhng/15-00
      2,546 words
    • 316 42 SAMUOBUL MDONESU (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE t>Hß«por« 0100 Tatox: R*****0 T«4: *****01-3 Fax: 22S 4030, *****30 FOR BOOKMGO CALL DMECT LINE TEL: *****41/2222M3 SM/JAK SERVICE VESSEL VOY SIN OAK PELOPOR 1038 25/07 (SAT) 28/07 (TUE) LAWANTI 970 22/07 (WED) 2S/07 (SAT) MEFtKUR DELTA 932 IN
      316 words

  • Page 43 Advertisements
    • 618 43 FAMOUS CONTAINER LINES JMp* 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PBEAUS 26/7 ROTTERDAM 26/7 HAFA/ASHOOD/ALEXANDRIA 26/7 HAMBURG/BREMEN 26/7 MARSEILLE/FRANCE 26/7 FELIXSTOWE/UK 26/7 BARCELONA/SPAIN 26/7 LEHAVRE/ANTWERP 26/7 GENOA/ITALY 26/7 GOTHENBURG/SCANDINAVIA 26/7 LOS ANGELES/WC/IPI 26/7 SYDNEY/MELBOURNE 23/7 NEW YORK/EC 26/7 FREMANTLE/ ADELADE 23/7 VANCOUVER 26/7
      618 words
    • 790 43 Ua RICHFIELD MARINE AGENCIES (S) PTE IT# KBn TEL: *****33 (12 LinM) L=J FAX: *****15/*****03 TELEX: R8 ***** RIBHIP (3 LinM) \*P\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOV ETA I LOADING FOR SPORE ABYOT 29W8 26/08 OARESSALAAM. MOMBASA DJIBOUTI ASSAB. MASSAWA NETSANET 27W8
      790 words
    • 829 43 iwt i I w P GKOK i-i urn NANA BHUM 1505 22/07 25/07 MDMA MM# 117N Wed 22/07 7 KNMBNUM 36S 25/07 20/07 WW BHUM 34N Fri 24/07 >7/07 NANA BHUM 151S 20/07 01/00 WANT* BHUM WW Srt 25/07 fhi 20/07 PITA BHUM*## 243N MM 27/07 THM 30/07 SEMARANG/SURABAYA 7i»»
      829 words

  • Page 44 Advertisements
    • 1378 44 T>ge w r groupage I I\=/\'V" PeNANG: (04) *****6 SIBU: (084) *****9 SfS2SJ °S!»^HS» UV v (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK IGOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 22/7 23/7 24/7 Honf Konf Ldn/Fta/Rdm/Ant 24/7 25/7 26/7 26/7 27/7 28/7 Honf Kong G'burf/C'haftn/S'holm/Osb 26/7 27/7
      1,378 words
    • 258 44 |Jf£jP BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM Ml ITT SN PREMO VI9S 30/7 11/1 13/t 30/1 MULBERA 2SS 14/1 21/t 21/1 14/9 MJST STAR 0626 22/1 3/9 5/9 22/9 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH, NAPIER,
      258 words
    • 1100 44 THONG SOON UNES PTE. LTD. f Mi 77 ROBMSON ROM) #15-00, #16-00 SM BUUMG SNGATOK 0106 y TEL' *****81 FAX NO: *****11, *****22 Jpk TUt IB ***** CNBUER, IB ***** ENHOL CABLE: TOSOCO s* ipsa Iwt Ira Iht I una wi swg |p. warn KM SOON LI 63/92E 27 JUL
      1,100 words


  • Page 46 Advertisements
    • 136 46 UPLIVING IT ffiaC EACH WEEKEND, put up your executive feel, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive alter that cxciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take shots
      136 words

  • Page 47 Advertisements
    • 78 47 Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local news, INNOVATION TECHNOLOGY in Business
      78 words
  • Page 47 Miscellaneous
    • 464 47 TIDES AND WEATHER TODAY'S TIDES (heffrt in metres) HOUH 0000 0100 0200 0300 0400 0500 0600 0700 0800 *************************5001(**********1900 2000 2100 2200 2300 JR 19 2.4 2.7 2.7 24 20 14 09 0 7 05 06 08 1.4 1.9 2.3 24 24 2.1 17 1.3 1.0 08 0.8 1.0 PP
      464 words

  • Page 48 Advertisements
    • 387 48 Wfek 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 SHANTOU 2 SAILINGS PER MONTH VESSEL ETA ETD
      387 words
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