The Business Times, 21 July 1992
1992-07-21
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The Business Times
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Title Section16 1992-07-21 1 Business Times MITA (P) 35/1© Tuesday, July 21, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*16 words
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NEWS SUMMARY
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55 1992-07-21 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," Israeli55 words
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65 1992-07-21 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 private65 words
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Article34 1992-07-21 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 234 words
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Article21 1992-07-21 1 SINGAPORE'S general insurance industry put up a strong performance in the first quarter of this year Page 321 words
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Article33 1992-07-21 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 333 words
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Article30 1992-07-21 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 1030 words
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Article30 1992-07-21 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 1130 words
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Article27 1992-07-21 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 1727 words
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Article27 1992-07-21 1 THE Singapore government appears to be reluctant to impose legislation to force carriers to consult shippers before increasing their rates. Shipping Times Page 127 words
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MARKETS SUMMARY
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Article39 1992-07-21 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.39 words
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Article27 1992-07-21 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 2389.0.27 words
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Article21 1992-07-21 1 SHANGRI-LA Hotel will tap long-term funds with an issue of bonds cum warrants to raise 5124 million Page 421 words
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Article41 1992-07-21 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 441 words
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Article11 1992-07-21 1 JAPAN yesterday established a securities watchdog commission Page 611 words
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Article35 1992-07-21 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 935 words
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Article, Illustration32 1992-07-21 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 -38.732 words
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Article23 1992-07-21 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% -1/823 words
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Article39 1992-07-21 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 -339 words
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471 1992-07-21 1 Lee Han Shih, Sylvia Wong - 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 Malaysian471 words
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Article358 1992-07-21 1 Colin Tan - 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) consultancy358 words
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478 1992-07-21 1 Leslie Lopez - 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.478 words
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223 1992-07-21 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 1,450223 words
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Article, Illustration393 1992-07-21 1 Lilian Ang - 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 profit393 words
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Page 1 Advertisements
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Advertisement183 1992-07-21 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 9183 words
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Advertisement228 1992-07-21 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, #01228 words
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Advertisement28 1992-07-21 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 428 words
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PAGE 2 NEWS
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SINGAPORE ROUNDUP
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52 1992-07-21 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 T52 words
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Article44 1992-07-21 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.44 words
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Article71 1992-07-21 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 a71 words
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Article34 1992-07-21 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.34 words
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Article, Illustration254 1992-07-21 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 a254 words
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450 1992-07-21 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 officialReuter - 450 words
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312 1992-07-21 2 Lilian Ang - 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 the312 words
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293 1992-07-21 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 the293 words
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179 1992-07-21 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 onlyAFP - 179 words
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320 1992-07-21 2 Florence Chong - 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 AsiaPacific320 words
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441 1992-07-21 3 Soh Tiang Keng - 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,441 words
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615 1992-07-21 3 Chua Chwee Leng - 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 the615 words
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Article, Illustration351 1992-07-21 3 Schutz Lee - 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 upSource: Nikkei Weekly - 351 words
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381 1992-07-21 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 rivalReuter - 381 words
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Advertisement107 1992-07-21 2 ,fA A BOLD DEVELOPMENT jj|jjj j«b 7"" W£l- mBB5 ■S: 5 ffii: Emm 9hh= J s s; !K TT TTtt""" I '0B ■m]■ ■Ll I i --3 gB 3aa :;i::! M SPT!® R^^i!ifl^;:! lS^MS Hp s i |j t i] j jj^B !11 j 111 M! i |X it Hl107 words
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Advertisement73 1992-07-21 2 AGIE I PARTNER TO THE BEST I I World Leader in EDM Technology I I Open House 1 from July 20 -22 1992 at: §j| AGE SINGAPORE FAR EAST 1 49 Jalan Pemimpin, #01-02 APS Industrial Building, Singapore 2057 ji Tel: *****18 Fax: *****93 jj I COSA UEBERMANN (S) PTE73 words
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Page 3 Advertisements
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Advertisement299 1992-07-21 3 SPARE TYRES I" I Ax"cV^i removedforfree. If you're really serious about losing effective time and again in the world's your spare tyre, then stop wasting time leading slimming centres. and pull up at Marie-France today to FMS decreases body temperature take advantage of our "Save \bur Figure by 2 to299 words
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Advertisement104 1992-07-21 3 mk THE BEST OF IWC Since the establishment and moon phase display in of Sincere Watch in 1954, we 18kt gold. Radiating elegance, have worked hard to maintain economy of form and technical a reputation for excellence. In brilliance. the service we provide our Exquisite watches. Excustomers and in the104 words
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Advertisement8 1992-07-21 3 Marine Midland posts LSs43m first-half profit, Pg 68 words
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COMPANY NEWS 1
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COMPANY BRIEFS
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68 1992-07-21 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.68 words
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Article62 1992-07-21 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 equipment62 words
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Article83 1992-07-21 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 Ampang83 words
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Article98 1992-07-21 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 to98 words
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184 1992-07-21 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 Economic184 words
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579 1992-07-21 4 Amy Balan - 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 $124579 words
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309 1992-07-21 4 Dawn Tan - 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 to309 words
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284 1992-07-21 4 Sylvia Wong - 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 contractor284 words
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Article, Illustration289 1992-07-21 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 Parkway289 words
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372 1992-07-21 4 William Chia - 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 $4.15 million. The company announced yesterday372 words
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233 1992-07-21 4 Bernama KUALA LUMPUR Golden Hope Plantations Bhd is rationalising operations of its plantation division to improve its productivity and efficiency. Chairman Ismail Mohamed Ali said in the company's 1992 annual report that this is necessary because long-term prospects for rubber and cocoaBernama - 233 words
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584 1992-07-21 4 Leslie Lopez - THE HOCK LOCK SIEW COLUMN By Leslie Lopez KUALA LUMPUR In a market showing little signs of taking off, Malaysia's Far East Asset Bhd (FEA) and its largest shareholder, textile operator MWE Holdings Bhd, are bucking the trend by behaving like584 words
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COMPANY BRIEFS
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97 1992-07-21 6 WELLINGTON Comalco New Zealand, the owner of the country's giant aluminum smelter, reported yesterday that it had suffered its first post-tax loss since 1986. Comalco New Zealand, which operates the smelter at Tiwai Point, south of here, said its post-tax loss was US$lB.697 words
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Article86 1992-07-21 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 Germany86 words
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Article70 1992-07-21 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 the70 words
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Article82 1992-07-21 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 smaller82 words
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Article93 1992-07-21 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 seeking93 words
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Article86 1992-07-21 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 Chinese86 words
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Article, Illustration420 1992-07-21 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 ExchangeReuter - 420 words
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204 1992-07-21 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 biggestAFP - 204 words
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283 1992-07-21 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 tradingBloomberg - 283 words
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341 1992-07-21 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 theSouth China Morning Post - 341 words
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196 1992-07-21 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 halfAFP,; Reuter - 196 words
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Article, Illustration468 1992-07-21 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 millionAFP - 468 words
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377 1992-07-21 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. ToFT - 377 words
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Article, Illustration512 1992-07-21 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. TwoReuter - 512 words
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355 1992-07-21 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 centFT - 355 words
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COMPANY BRIEFS
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85 1992-07-21 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 miles85 words
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Article69 1992-07-21 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 the69 words
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Article70 1992-07-21 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$ 11.670 words
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Article64 1992-07-21 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 in64 words
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404 1992-07-21 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 reinvestFT - 404 words
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Advertisement202 1992-07-21 4 I IN THE MARKET PAGES "1 Aussie stocks dive 26 NZ's largest one-day fall 26 ZT Always Judge A Restaurant BHfaL By Its Tea trifle fussy you may w ~*~> f immaculate, don't bother looking for say. But then Hung ~chipped crockery or stained tablecloths. Kang Teochew Restaurant is You202 words
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Advertisement163 1992-07-21 5 i iiiiHn j*22sSjH^^^B OUTSTANDING RESORT FACILITIES A Sizeable Swimming Pool Nautilus Gymnasium Gametime Playground Wi 7 ft, 11 Tennis Court **-Indoor Driving Range Outdoor Putting Green -asF flSy />A~^Sfe. OUTSTANDING FEATURES FOR LUXURY LIVING F Auto home system CCTV, card access system, auto barrier/gate Schindler lifts Piped-in jg; t~v<Sv\ music163 words
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Page 6 Advertisements
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Advertisement200 1992-07-21 6 23 25 September, 1992 Hilton International, Singapore A three day intensive training Faculty Members course designed to familiarise Dr (Mrs) Thio Su Mien, Partner, participants with the most Drew Naier important legal aspects of Ms Le s nka ran, Partner, securities documentation a f ier D «M Mr David Ang,200 words
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Advertisement34 1992-07-21 6 Fast, effective, asprin-free relief of colds/flu, sinusitis and hay fever including nasal congestion, sneezing, running nose, fever. Available at all leading pharmacies, headache, minor aches and pains. Sole Distributor Summit Co (S) Pte Ltd34 words
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Advertisement165 1992-07-21 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.165 words
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Advertisement10 1992-07-21 7 ORDER FROM l' *V 1 i I* [Kuniiliw sf tmftnr,10 words
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Advertisement200 1992-07-21 8 1 J im I F T*w:llMMai^^^^^^— ■kt*tW't*, *wl'P lw P T WITH $11,000 WORTH OF EXTRAS AT NO EXTRA CHARGE, SOME PEOPLE WOULD CALL IT A STEAL. WE CALL IT THE 240 SPECIAL EDITION. We've specially fitted the classic Volvo 240 with more than $11,000 worth of luxuries at absolutely200 words
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FINANCIAL NEWS
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421 1992-07-21 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 AsiaSouth China Morning Post - 421 words
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317 1992-07-21 9 Quak Hiang Whai - 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 Scor317 words
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336 1992-07-21 9 Kooi Cho Teng - By Kooi Cho Teng SINGAPORE Thailand's largest oil refiner. Thai Oil Company Ltd, failed to attract enough lenders for a US$23O million (SS37O million) loan that it sought just before the country's leadership crisis which led to the massacre of336 words
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503 1992-07-21 9 Outstanding housing loans total 14 trillion yen Asahi TOKYO Seven housing loan firms have combined debts of 13.97 trillion yen (US$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
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246 1992-07-21 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 payReuter - 246 words
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264 1992-07-21 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 theReuter - 264 words
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Article, Illustration663 1992-07-21 9 Quak Hiang Whai - 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 stockSource: Refco S'pore Pte Ltd - 663 words
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SMALL CHANGE
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90 1992-07-21 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 it90 words
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Article109 1992-07-21 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 to109 words
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Article91 1992-07-21 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 setting91 words
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Article79 1992-07-21 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 the79 words
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Advertisement132 1992-07-21 9 JtllP (>/H AUTI CUISINI CHIN 0 I E W»l jijif Dim Sum To Your Heart's Delight To the Chinese, Dim Sum A is more than just another lunch jjjfjr menu. It means to pick JJ heart's choice. At Spice Garden, we understand the philosophy of Dim Sum *0. f. MM132 words
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THE REGION
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NOTE BOOK
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117 1992-07-21 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's117 words
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Article67 1992-07-21 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 third67 words
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Article, Illustration31 1992-07-21 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.31 words
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Article102 1992-07-21 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 has102 words
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Article87 1992-07-21 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 civil87 words
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485 1992-07-21 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 ManhReuter - 485 words
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169 1992-07-21 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 thanAFP - 169 words
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Article, Illustration313 1992-07-21 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 forAFP - 313 words
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243 1992-07-21 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 theirReuter - 243 words
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215 1992-07-21 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 inKnight-Ridder - 215 words
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Article, Illustration294 1992-07-21 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 theKnight-Ridder. - 294 words
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310 1992-07-21 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 firstReuter - 310 words
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Article, Illustration412 1992-07-21 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 actionAFP,; Reuter - 412 words
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Page 10 Advertisements
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Advertisement46 1992-07-21 10 /y Explore Seafood specialities like Avocado Seafood Mornay, Cream Oyster Soup and Lobster Hollandise. Available in July for lunch and dinner from $7.00++ onwards. For reservations, please call Tel: *****31 ext. 142. -7ft if? w iPj TajCr Swiss Continental Restaurant 429 Bukit Timah Road, Singapore 1025.46 words
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THE WORLD
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Article, Illustration389 1992-07-21 11 Harish Mehta - By Harish Mehta SINGAPORE Power supply companies in the United States and Europe are going to invest about Ss3 billion to help alleviate a shortage in the southern Indian state of Karnataka, the country's Silicon Valley. Karnataka's chief minister S Bangarappa. in Singapore389 words
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206 1992-07-21 11 Reuter TAIPEI Export orders for Taiwanese goods in the first half of this year climbed 7.6 per cent from a year earlier to U5539.58 billion (5563.7 billion), but growth in orders showed signs of slowing, the Economics Ministry said yesterday. BoomingReuter - 206 words
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WORLD WATCH
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73 1992-07-21 11 LONDON Mexican President Carlos Salinas de Gortari says European investors should put more money into Mexico to get a foothold in the North American free market zone being agreed with the US and Canada. "The proposal of a free trade agreement between Mexico, the73 words
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Article68 1992-07-21 11 BEIJING The Japanese government is to extend loans worth a total of US$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-megawatt68 words
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Article, Illustration29 1992-07-21 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
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Article64 1992-07-21 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 of64 words
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427 1992-07-21 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 southernReuter - 427 words
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Article243 1992-07-21 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 mistakeReuter - 243 words
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Page 11 Advertisements
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Advertisement147 1992-07-21 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-controlled147 words
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Article470 1992-07-21 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 billion470 words
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WHAT THE OTHERS SAY
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Article298 1992-07-21 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 together298 words
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Article105 1992-07-21 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 people105 words
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Article114 1992-07-21 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
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REGIONAL VIEWPOINTS
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Article150 1992-07-21 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. The150 words
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Article154 1992-07-21 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 personal154 words
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Article190 1992-07-21 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 gloomy190 words
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Article, Illustration1195 1992-07-21 12 Steven Greenhouse - 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 theNYT - 1,195 words
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Page 12 Advertisements
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Advertisement56 1992-07-21 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 Berita56 words
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Page 12 Miscellaneous
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Miscellaneous29 1992-07-21 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 K29 words
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ANALYSIS
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978 1992-07-21 13 Erik Ipsen - 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 poppingIHT - 978 words
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Article, Illustration1181 1992-07-21 13 Florence Chong - 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
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Article, Illustration891 1992-07-21 13 Kenneth Gilpin - 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
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Page 13 Advertisements
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Advertisement143 1992-07-21 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 every143 words
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Page 14 Advertisements
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Advertisement949 1992-07-21 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 A949 words
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Page 14 Miscellaneous
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Miscellaneous497 1992-07-21 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 D497 words
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LIFESTYLE
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Article, Illustration853 1992-07-21 15 Nirmal Ghosh - 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 gems853 words
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Article, Illustration549 1992-07-21 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 the549 words
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Article, Illustration863 1992-07-21 15 Judith Miller - 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 orNYT - 863 words
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Page 15 Advertisements
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Advertisement166 1992-07-21 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 732-1222166 words
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Advertisement85 1992-07-21 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 OOLF85 words
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INNOVATION & TECHNOLOGY 1
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Article, Illustration1119 1992-07-21 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 crucialFT; Source: Dataquest - 1,119 words
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319 1992-07-21 16 Claire Leow - 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 two319 words
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490 1992-07-21 17 Claire Leow - 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 special490 words
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Article, Illustration315 1992-07-21 17 Joseph Rajendran - 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 Stan315 words
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397 1992-07-21 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 inNYT - 397 words
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462 1992-07-21 17 Jennifer Lien - 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 square462 words
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Page 16 Advertisements
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Advertisement240 1992-07-21 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? That240 words
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Page 17 Advertisements
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Advertisement172 1992-07-21 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 our172 words
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SPORTS
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SIDE LINES
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Article, Illustration175 1992-07-21 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 after175 words
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Article103 1992-07-21 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 completed103 words
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Article113 1992-07-21 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 and113 words
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Article118 1992-07-21 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 the118 words
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Article, Illustration1320 1992-07-21 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 SundayNYT - 1,320 words
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Article455 1992-07-21 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 theAP - 455 words
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914 1992-07-21 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, athletesAP - 914 words
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Article, Illustration593 1992-07-21 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 theAP - 593 words
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Page 18 Advertisements
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Advertisement34 1992-07-21 18 MUIIn I Illiv'N I Ik' Slliulj\ I IHK-- BuMIU'nv till". 11 11 II II I V r 1U rii.i II. s. I.ll Mill U •kK o!U» I miiIK- .,ui;.h. Musi Mill I A k|v34 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration3747 1992-07-21 19 William Chia - 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 most3,747 words
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Article, Illustration66 1992-07-21 19 Quak Hiang Whai - -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 toSOURCE: BRIDGE INFO - 66 words
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Article3013 1992-07-21 20 DBS Foreign 1320 50 3.9% Keppel Corpn 710 +15 +2.2% UOB Foreign 755 +15 2.0% OCBC Foreign 1300 +10 +0.8% Roth Inds 50« 600 +10 +1.7% SPH 850 +10 +1.2% SPH Foreign 1290 +10 +0.8% Semb Shipyard 715 +10 +1.4% Inchcape 560 +5 +0.9% City3,013 words
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Page 20 Advertisements
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Article3107 1992-07-21 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 813,107 words
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Page 21 Advertisements
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Advertisement82 1992-07-21 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. Aey82 words
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BT SHARE INFORMATION SERVICE
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Article273 1992-07-21 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
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Article192 1992-07-21 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
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Article170 1992-07-21 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($89,232) 92(92) Pacific Can Jun 26170 words
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Article759 1992-07-21 22 Current Ex Books Date Total for Total for payment date dose payable the year last year Mei rtdp 50c 6"o(b) Aug 26 Sep 7 Sep 24 6% 61 Amcd 25c 101 Aug 21 Aug 27 Sep 10 10% 10% Apolo 2 5% Jun 3 Jun 16 Jut 23759 words
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Article457 1992-07-21 22 Company Rights Issue DiC Ba* One-tor two fc, MSI 25 per share Ei-date Jun 2 Books dose Jun 17 Acceptance Payment to! 30 Eu Tin San| Three-tor-one SI 05 per share Ei-date km 17 Books Close Jun 27 Acceptance Payment Aug 3 MM Three-tor-tour at MSI 00 per457 words
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Article468 1992-07-21 22 W 17 Cerebos Pacific Ltd's Australian food ingredients subsidiary, Solutech Foods Pty Ltd, and OCA Food Industries Inc of the USA has formed a pint-venture. Solutech-OCA Food Industries, to create new specialty coatings adn other new products for food processors. M 16 oc A wholly-owned subsidiary of Keppei468 words
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Article88 1992-07-21 22 PJ Development Hokfings Bhd: EGM at No 21 23, Jalan Hussetn (Ground Floor), ***** Ipoh. Perak Darul Ridzuan, Malaysia, on Thursday. July 23, at 10.30 am Transmarco Ltd: AGM at 65 Chulia Street #33-00, OCBC Centre. Singapore 0104, on Friday, July 24, at 11.30 am Metro Holdings Ltd:88 words
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363 1992-07-21 22 Ia local cut In S$ 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.l363 words
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Article, Illustration593 1992-07-21 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: 100CHARTS BY BRIDGE - 593 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration4924 1992-07-21 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 boardBernama - 4,924 words
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STOCK EXCHANGE OF THAILAND
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Article, Illustration1841 1992-07-21 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 toReuter; Source: Bridge Info - 1,841 words
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JAKARTA STOCK EXCHANGE
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Article, Illustration968 1992-07-21 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 wouldSource: Bridge Info - 968 words
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CHINA STOCK EXCHANGES
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Article, Illustration243 1992-07-21 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 isBloomberg - 243 words
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Page 24 Advertisements
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Advertisement10 1992-07-21 24 RECRUIT QUALIFIED CANDIDATES TUDfMira ITi* 1 Straits Times THROUGH /\ppo(NTMENTS10 words
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Advertisement9 1992-07-21 24 The Straits Times Weekly Overseas Edition HOME BROUGHT CLOSER9 words
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TOKYO STOCK EXCHANGE
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Article, Illustration2580 1992-07-21 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 40.96Reuter - 2,580 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2509 1992-07-21 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 SengReuter - 2,509 words
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AUSTRALIAN STOCK EXCHANGE
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Article, Illustration2125 1992-07-21 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
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REGIONAL STOCK MARKETS
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NZ stocks tumble in largest one-day fall
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Article316 1992-07-21 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 index316 words
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Article563 1992-07-21 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 to563 words
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Article504 1992-07-21 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 moderate504 words
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Article864 1992-07-21 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 at864 words
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Article51 1992-07-21 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 71.351 words
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Page 26 Advertisements
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Advertisement7 1992-07-21 26 The Bombay market report was not available.7 words
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CURRENCY, MONEY & FUTURES MARKETS
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1195 1992-07-21 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 government1,195 words
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Article390 1992-07-21 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 1.2519390 words
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Article533 1992-07-21 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 3533 words
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298 1992-07-21 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 onReuter - 298 words
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Article1538 1992-07-21 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 95.751,538 words
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Page 27 Advertisements
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Advertisement10 1992-07-21 27 f Innovation Technology in Business Times every I Tuesday y10 words
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COMMODITIES
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349 1992-07-21 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 toFT - 349 words
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307 1992-07-21 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 annualFT - 307 words
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751 1992-07-21 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 last751 words
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Article1637 1992-07-21 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 0.001,637 words
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Page 28 Advertisements
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Advertisement703 1992-07-21 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 Ave703 words
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Article1197 1992-07-21 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 21151,197 words
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THE TRAVEL PAGE
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Article, Illustration666 1992-07-21 29 Paul Taylor - 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 foreign666 words
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Article152 1992-07-21 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 schilling152 words
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Article67 1992-07-21 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 Ltd67 words
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Page 29 Advertisements
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Advertisement38 1992-07-21 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 Finroih38 words
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Advertisement5 1992-07-21 29 WEEKENDeast QCTMUOU Call *****46 *****525 words
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Advertisement804 1992-07-21 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 PTE804 words
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Advertisement283 1992-07-21 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 Company283 words
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Page 29 Miscellaneous
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Miscellaneous260 1992-07-21 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- pleasant260 words
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Miscellaneous164 1992-07-21 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 14/05164 words
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Miscellaneous17 1992-07-21 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 ITO17 words
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550 1992-07-21 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. TheAFP - 550 words
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351 1992-07-21 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
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390 1992-07-21 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 PresidentReuter.; UPI - 390 words
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Article, Illustration193 1992-07-21 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 MrReuter - 193 words
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368 1992-07-21 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 hadReuter - 368 words
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Article, Illustration829 1992-07-21 30 CONRAD RAJ; CONRAD RAJ - 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 parallels829 words
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Article, Illustration406 1992-07-21 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 QianReuter - 406 words
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Page 30 Advertisements
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Advertisement326 1992-07-21 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 pores326 words
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Advertisement8 1992-07-21 30 Clinton factor seen hurting t'S stocks Pg 78 words
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Advertisement25 1992-07-21 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| 1025 words
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Shipping Times
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564 1992-07-21 31 Amir Khalil - 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) called564 words
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264 1992-07-21 31 Diana Oon - 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
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260 1992-07-21 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), said260 words
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Article, Illustration158 1992-07-21 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 to158 words
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LOG BOOK
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99 1992-07-21 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-job99 words
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57 1992-07-21 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 base57 words
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Article62 1992-07-21 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 became62 words
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Article97 1992-07-21 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 be97 words
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Article79 1992-07-21 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 two79 words
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Article94 1992-07-21 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 the94 words
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Article, Illustration1210 1992-07-21 32 Paul Betts - 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 seenFT - 1,210 words
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883 1992-07-21 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 Bank883 words
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Article13869 1992-07-21 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 after13,869 words
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Article3100 1992-07-21 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 Ltd3,100 words
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Article258 1992-07-21 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 Services258 words
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Article1518 1992-07-21 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
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Article3035 1992-07-21 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. 13,035 words
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Article862 1992-07-21 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. Copper862 words
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Article558 1992-07-21 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 KAL558 words
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Article288 1992-07-21 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 1800288 words
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SHIPS IN PORT
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Article476 1992-07-21 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 2107/2300476 words
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Article232 1992-07-21 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: iupiter232 words
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Article1627 1992-07-21 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 09301,627 words
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Article921 1992-07-21 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: 732-1970921 words
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Article509 1992-07-21 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 Japan509 words
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Article, Illustration398 1992-07-21 50 Dexter Lee - 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 public398 words
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261 1992-07-21 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 theAFP - 261 words
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255 1992-07-21 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 SundayFT - 255 words
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Article162 1992-07-21 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 andAP - 162 words
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278 1992-07-21 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 agreementUPI - 278 words
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Article, Illustration312 1992-07-21 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
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266 1992-07-21 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 wellUPI - 266 words
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Page 31 Advertisements
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Advertisement16 1992-07-21 31 Concorde shows its age, Pg 2 Singapore Commuter resumes payment of fares by card, Pg 2016 words
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Advertisement130 1992-07-21 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
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Page 32 Advertisements
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Advertisement82 1992-07-21 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 people82 words
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Advertisement19 1992-07-21 32 OUm mml urvlcii NpftmM by I Maabart «f On »flitry «f kunmA\*JSsXhl For advertising enquiries, contact Shipping TimetTel 740-2089/740-209019 words
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Page 33 Advertisements
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Advertisement2479 1992-07-21 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 i2,479 words
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Advertisement1047 1992-07-21 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 N1,047 words
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Advertisement1363 1992-07-21 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 ATI1,363 words
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Page 34 Advertisements
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Advertisement1554 1992-07-21 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 FRANKFURT1,554 words
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Advertisement468 1992-07-21 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 spore468 words
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Advertisement1634 1992-07-21 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 22/091,634 words
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Page 35 Advertisements
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Advertisement2333 1992-07-21 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 292,333 words
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Advertisement1782 1992-07-21 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&O1,782 words
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Page 36 Advertisements
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Advertisement662 1992-07-21 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 TO662 words
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Advertisement1384 1992-07-21 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 HANJM1,384 words
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Advertisement1428 1992-07-21 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/» 10/11,428 words
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Page 37 Advertisements
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Advertisement1694 1992-07-21 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 SON1,694 words
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Advertisement1154 1992-07-21 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 «KU1,154 words
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Page 38 Advertisements
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Advertisement1629 1992-07-21 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
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Advertisement1221 1992-07-21 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 JUL1,221 words
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Page 39 Advertisements
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Advertisement1867 1992-07-21 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 ESTEBRUOOt1,867 words
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Advertisement828 1992-07-21 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 7/8828 words
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Advertisement260 1992-07-21 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-AN260 words
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Advertisement2546 1992-07-21 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/15-002,546 words
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Advertisement316 1992-07-21 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 IN316 words
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Advertisement618 1992-07-21 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 26/7618 words
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Advertisement790 1992-07-21 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 27W8790 words
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Advertisement829 1992-07-21 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
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Advertisement1378 1992-07-21 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 27/71,378 words
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Advertisement258 1992-07-21 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
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Advertisement1100 1992-07-21 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 JUL1,100 words
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Advertisement136 1992-07-21 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 shots136 words
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Advertisement78 1992-07-21 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 Business78 words
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Page 47 Miscellaneous
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Miscellaneous464 1992-07-21 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 PP464 words
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Advertisement387 1992-07-21 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 ETD387 words
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Advertisement386 1992-07-21 48 .Lcosco UWC CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOB A VESSEL 28/06 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR OING RONG 12/07 Guangzhou/Huangpu COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned services386 words
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Advertisement396 1992-07-21 48 /Mxssxfl 800 Australia Now Zealand Weekly LCL Consolidation (bo? CARGOFLO. Singapore-Australia V- Fremantle Adelaide Melbourne Sydney Brisbane X Singapore-New Zealand C j Jfcyf Auckland Wellington Lyttleton n New Plymouth Napier Christchurch Sp| f jpq Mssoßl f» Tel 4788 •NT w"J V 4/ m*m Fax: *****83 SKH DISTRIPARK PTE LTD j396 words
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Advertisement110 1992-07-21 48 or. IT KWONG LUNG SHIPPING: I PTE LTD TEL: *****12 FAX: *****53 YESffi. ¥OY ETA FID OESTWATMJN MV "LUCONA" 8/92 22/7 23/7 BWTULU. NM. KBELAIT lIV "THAi YANG 9/92 19/7 20/7 MUARA. lABUAN v M V "LUCONA NO 2" 8/92 25/7 26/7 HNTULU. MRI M V THAI HO NO 1"110 words
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Advertisement1076 1992-07-21 49 HYUNDAI MERCH ANTM ARINE CO. LTD. 'VIA FEEDER PACIFIC SOUTH-WEST SERVICE pna* r*E* pcd* s>r to usa wy kao lbh oak pal/hou ch SIU IWC 21/07 15/67 17/07 24/07 H. IMOVATOR 51E 31/07 17/01 20/01 20/01 21/01 21/01 23/01 21/07 22/07 24/07 31/07 a AOMRAL 01E 07/08 24/08 27/08 27/081,076 words
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Advertisement412 1992-07-21 49 9HEB STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY UFTS I MONTHLY CONVENTIONAL SERVICE I TO MOJI. JAPAN I M.V. COSMIC CHALLENGER VlB I ETA SPORE 1/8/92 I ETA PK 3/8/92 I ETA MOJI 17/8/92 I FOR BOOKING PLEASE CONTACT: I SPORE TEL *****31 MR P.K. CHIAM I K.LUMPUR412 words
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Advertisement908 1992-07-21 49 OUR SERVICE CALLS ———n—, SINGAPORE lay r T I-*"-- r !L direct every wm MM UM 11/17 MIMAnM MCNW »J722« 22-21/07 M/M UM UM U/M UM UM UM WM WEDNESDAY I —mm rm am mumwr rouMM *****1 zt-ani _wm mm ww ww mm mm am nm —mm ism 91/ m908 words
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Advertisement125 1992-07-21 49 ffIBINTANG MAS SHIPPING PTE. LTD. 39 NQL ROAD SMGAPORE 0208 -<»" TEL: ***** M TLX: R*****5 SMMER FAX: *****64 team rain or CMKO STOW OK TP* now nan ft mi n« n-a m m-m m Mm. n MKTMK KJM VIS 21-M M M-» M Mi IM. U*M moot MK 111125 words
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Advertisement67 1992-07-21 50 INVESTMENT Every Saturday in Business Times I The Executive Housekeeper -{his hotel J O I I wants is me. Bub I'll never neglec-t I j i v. ~thfs babj/! Any Job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New Paper67 words
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Advertisement6 1992-07-21 50 INVESTMENT Every Saturday in Business limes6 words
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