The Business Times, 29 July 1992

Microfilm: NL18221
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times MITA (P) 35/12/91 Wednesday, July 29, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*
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  • NEWS SUMMARY
    • Article
      US Consumer Confidence Index down in July
      44 1 NEW YORK The US Consumer Confidence Index fell sharply to 61.0 in July from a revised 72.6 in June, the Conference Board, a business research organisation, said yesterday. Economists on average had expected a drop to 69.5.
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    • Article
      Bull computer group reports $537m loss
      62 1 PARIS French computer group Bull yesterday reported that it suffered a net loss of 1.68 billion francs (*****.6 million) for the first half of this year. But it added that the operating result for the half of minus 857 million francs marked an improvement
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    • Article
      Recovery to be delayed
      23 1 THE Japanese government has officially conceded that an economic recovery may be delayed until early next year Page 2
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    • Article
      Rents continue fall
      36 1 OFFICE RENTS and occupancy levels in Asian cities, except Kuala Lumpur and Hongkong Central, continued to fall in the first six months of this year, said property agent Jones Lang Wootton Page 3
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    • Article
      Confidence renewed
      36 1 THE RESTORATION of political stability in Thailand has renewed analysts' confidence in the economy, and reasonably strong growth should return in the October-December period, should the Sep 13 general election proceed smoothly Page 8
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    • Article
      More talk of graft
      24 1 JAPAN'S ruling party is again mired in allegations over its links to corruption, organised crime and rightwing extremists P«ge 10
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    • Article
      Threat to Nafta
      30 1 THE US CONGRESS has threatened to block the North American Free Trade Agreement unless fundamental amendments are made to protect US jobs and the environment Page 11
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    • Article
      Boost for exports
      29 1 CHINA'S market-oriented reform efforts may fuel the country's export drive, widening its trade imbalance with the US and other trade partners, says the CIA Page 11
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    • Article
      Stand on piracy
      23 1 A HIGH-LEVEL figure in the Indonesian navy yesterday rejected the need for a regional anti-piracy centre. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      32 1 WALL STREET stock prices opened higher yesterday with the Dow Jones index of 30 leading industrials gaining 4.84 points (0.15 per cent) to stand at 3,287.04 points in early trading.
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    • Article
      Footsie higher
      28 1 LONDON share prices were higher at midday yesterday. At about 1130 GMT, the FTSE 100-Share Index was up nine points, or 0.3 per cent, at 2357.8.
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    • Article
      Sembawang surprise
      23 1 SEMBAWANG Shipyard Ltd has reported sharply higher half-time results, surprising stock market analysts who have been generally bearish about shipyard business
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    • Article
      Big bucks from Bishan
      32 1 BISHAN's first private commercial project is likely to generate about $16 million rental income for owners Singapore Technologies Industrial Corporation Pte Ltd and Liang Court Holdings Page 4
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    • Article
      Share offer today
      26 1 HONGKONG-LISTED Gold Peak Industries is expected to offer 10.3 million shares at U552.35 a piece in its subsidiary Clipsal Industries today Page 4
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 686.26 -4.15 Kuala Lumpur ...585.77 -3.93 Tokyo 15,426.64 +53.3 Hongkong 5,782.63 -f-118.24 Svdney 1,605.4 -0.9 Monday Change New York 3,282.20 -3.51 London 1,767.0 -22.1
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    • Article
      CURRENCIES
      18 1 Exchange rates USS SS 1.6130 100 Yen SS 1.2661 MMw'anMrain' 6448 Overnight 2-1/4 -1/8 3-montn 2-1/4 unch
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    • Article
      COMMODITIES
      34 1 London Gold AM fix USS359.25 USS1.25 S'poreOct.... 143.50*/kg +0.75 M'sia Aug 221 '/kg unch KL Tin Turnover 45 tonnes -1 Spot M$16.80/kg -0.48 Crndo pahn ofl Turnover l,512lots +749 Sep MS840 /tonne -11
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  • Article
    Low-end Japanese firms now playing service role
    586 1  -  Manufacturers relocating from Singapore to neighbouring countries By Anna Teo SINGAPORE The pace at which low-end Japanese manufacturing is moving out of Singapore is picking up. But while production is being shifted out, the companies are staying put as service centres. Industry sources
    586 words
  • Article
    SPC in joint-venture talks with Viet oil firms
    338 1  -  TDB to lead first oil mission to Vietnam in August By Harish Mehta SINGAPORE Oil refiner Singapore Petroleum Company Ltd is talking with staterun oil companies in Vietnam to set up technical and commercial joint ventures there. Preliminary talks with the state-run
    338 words
  • Article
    Lock icon Five new Thai TV stations to break military grip on news
    401 1 Reuter BANGKOK Thailand's Cabinet yesterday approved plans for up to five new private television networks to break the military's power to censor news broadcasts. Mechai Viravaidya, Minister for the Prime Minister's Office, said the decision to license private broadcasters
    Reuter  -  401 words
  • Article, Illustration
    Unhappy directors bought MUI stake in Innovest
    414 1  -  By William Chia SINGAPORE Three founding directors of Innovest Bhd are believed to be the mysterious buyers of a controlling 19.8 per cent stake in the ailing fast-food company. The stake was sold by diversified conglomerate Malayan United Industries Bhd (MUI) for M
    414 words
  • Article
    STI index sheds 9.81 points
    123 1 SINGAPORE The stock market retreated yesterday with the Straits Times Industrials Index losing 9.81 points to close at 1,412.53. Total turnover declined from Monday's levels and SIA and Inchcape, heavily favoured by investors the day before, fell on profit-taking. Brokers said speculative interest in the
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      207 1 TEMPORARY PERMANENT- HACEMENTS" Aircraft Schedi* 29 KLSE 21 TV 4 Radu 16 Commodrties 28 Law 14 Unrt Trusts 20 Company News 4,5.6 Money Changer Rates 29 (Weather 29 Cryptic Crossword 29 Money Market 27 World News 10.11 EiMonai 12 Regional News 8.9 Wort) Stock Markets —26 Fnancal News 7 Regional
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      131 1 More reports, Pg 2 Sales are up, but profits are down for all but Sony Makers seek quality from local suppliers Economics of environmental issues THIS MONTH'S issue of mxmm P 01 Tl^ l1 ong f Trends, a publication of the .*w c Vv®"??® 65 ac| ng Institute of South-east
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      Page 1 Advertisements Column 3
      159 1 All equal under the law A MANAGER who is not a member of the board is just an employee, no matter how exalted his corporate title may be. In law, his position is the same as the lowliest errand boy and toilet cleaner. Law Page, Pg 14 Hock Lock Siew:
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  • PAGE 2 NEWS
    • SINGAPORE ROUNDUP
      • Article
        Tourism body to sell Singapore, Malaysia
        46 2 THE Malaysia-Singapore Tourism Council will spend US$ 1.1 million to promote Singapore and Malaysia for the 1992-1993 campaign, U*****,000 more than last year. It is pitching the two destinations as "Fascinating Malaysia, Surprising Singapore two great countries, one great holiday".
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      • Article
        ICL to launch PCs in region
        79 2 EUROPE'S ICL Personal Systems is launching its personal computers in Asia and has set up its regional headquarters here. The office, Personal Systems (Asia), will sell and support the new range of ergonomically-designed PCs in Singapore, Hongkong, Indonesia, Malaysia, Taiwan and Thailand. Its first
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      • Article
        Licences for marriage solemnisers
        63 2 MINISTER for Health and Community Development Yeo Cheow Tong last night presented about 100 grassroots leaders with licences to solemnise marriages. With every constituency having at least one marriage solemniser, more couples can combine their customary marriage ceremonies with the legal ccremony, Mr Yeo said. The
        63 words
    • Article
      Lock icon Tokyo says recovery may be delayed till '93
      445 2 Knight Ridder TOKYO An economic recovery may be delayed until early next year, says the government's White Paper on the Japanese economy, released yesterday by the Economic Planning Agency. This is the first official statement conceding a recovery may not come until
      Knight Ridder  -  445 words
    • Article
      Sales are up, but profits are down for all but Sony
      754 2  -  Japanese companies in Singapore Reports by Anna Teo SINGAPORE Singapore subsidiaries of Japanese electronics giants turned in uninspiring results last year strong sales but, save for the Sony group, poor profits. While Sony Corporation in Tokyo sufTered its first
      754 words
    • Article
      Manufacturers looking for quality, good service from local suppliers
      180 2 SINGAPORE Japanese manufacturers in Singapore would source parts and components from local firms if these firms could deliver enough high-quality supplies regularly and on time. This was the feedback 213 Japanese manufacturers gave in a Japan External Trade Organisation survey last
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    • Article, Illustration
      Asian office rents, occupancy fall
      502 3  -  Kuala Lumpur and Hongkong Central prove exceptions to the rule By Colin Tan SINGAPORE Office rents and occupancy levels in most Asian cities continued to fall in the first six months of this year, property agent Jones Lang Wootton said yesterday. Prime office rents slipped
      502 words
    • Article
      Lock icon HK property prices continued to move up in second quarter
      465 3 Bloomberg HONGKONG Property prices here continued to rise in the second quarter of the year, according to Jones Lang Wootton's (JLW) widely-fol-lowed property index. Rents, however, failed to keep pace with prices and as a result property yields are falling,
      Bloomberg  -  465 words
    • Article, Illustration
      RAS Commodity Exchange elects Patrick Hays chairman
      338 3  -  By Shoeb Kagda SINGAPORE Shareholders of the RAS Commodity Exchange yesterday chose one of the rubber industry's most respected figures as chairman of their 13-member board of directors. He is Patrick Hays, 54, managing director of Michel-in-owned Societe des Matieres Premieres Tropicales and
      338 words
    • Article
      Lock icon West German inflation falls to lowest in a year
      165 3 Reuter FRANKFURT The troublesome inflation rate in west Germany slowed sharply in July to its lowest level in more than a year, braked by lower food and energy prices and a stagnating economy. But economists agreed that the German central bank,
      Reuter  -  165 words
    • Article
      China's township firms best investment bet
      252 3  -  By Schutz Lee SINGAPORE Township enterprises offered the best investment opportunities in China because they stood to benefit most from the opening up of the nation, a senior Chinese senior official said yesterday. Tong Yizhong, deputy director for foreign investment at China's Ministry of
      252 words
    • Article
      Lock icon Shenzhen site up for world tender
      124 3 AFP HONGKONG China's Shenzhen special economic zone has announced its first public international tender for commercial development of a prime site, reports said yesterday. Lo Xinghai, head of Shenzhen City State Land Admin- istration Bureau, said the 18,734 sq m site located in the
      AFP  -  124 words
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      Page 3 Advertisements Column 1
      167 3 Ipswich City Square Major tenants include the premier retail East centre in this established Department Store, city in the heart of Woolworths South East Queensland, .jl Supermarket just 40 kilometres west J Errol Stewarts, of the Brisbane GPO. Korvette and Stores Excellent access to transport 79 speciality stores majority national
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  • COMPANY NEWS 1
    • Article
      S'wang Shipyard posts 48pc jump in group earnings
      430 4  -  Strong first-half results surprise analysts By Dexter Lee SINGAPORE Sembawang Shipyard Ltd reported a substantial improvement in half-time results yesterday, with group earnings having jumped 48 per cent to $54.66 million. About 20 per cent of the higher figure came from new
      430 words
    • Article
      Clipsal likely to announce share offer today
      296 4  -  By Joseph Rajendran SINGAPORE Hongkonglisted Gold Peak Industries is today expected to offer 10.3 million shares at U552.35 (553.84) a piece in its electrical manufacturing subsidiary Clipsal Industries. Sources said that just under half the new shares would be placed with high net-worth
      296 words
    • Article
      SIA says its performance may improve in second half
      198 4 SINGAPORE Singapore Airlines Ltd, queried by the Stock Exchange of Singapore (SES) on its proposed one-for-one bonus issue, has said that its performance may improve in the second half as the world economy improves. Asked by the SES whether any change
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    • COMPANY BRIEFS
      • Article
        Ekran extends offer for FCW shares to Aug 11
        42 4 KUALA LUMPUR Ekran Bhd, which wants to buy 68.19 million shares in Federal Cables, Wires Metal Manufacturing Bhd, has extended its offer period by 15 days. The offer now closes on Aug 11.
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      • Article
        Transfer of Hong Leong unit shares
        70 4 KUALA LUMPUR Hong Leong Credit Bhd plans to enter into a sale-and-purchase agreement to transfer 8 million ordinary shares of MSI each in Hong Leong Leasing Sdn Bhd to Hong Leong Finance Bhd for M 527.75 million. The company said the shares represented the
        70 words
      • Article
        New OUB chief of M'sian arm
        46 4 SINGAPORE Overseas Union Bank has appointed Kung Beng Hong executive vice-president in charge of its Malaysian operations. He takes over from Robert Wong Kin Thong, who is retiring. Mr Kung has 23 years' experience in the banking and finance sector.
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      • Article
        MUM earnings down 61pc
        74 4 KUALA LUMPUR Malayan United Manufacturing Bhd has reported earnings of M 52.79 million for the six months to June, 30 down 61 per cent from MS7.I million in first-half 1991. Group pre-tax profit, at M 56.66 million, was down 51 per cent from MS 13.58 million
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      • Article
        Crosby places out AMMB shares
        42 4 SINGAPORE Crosby Securities Ptc Ltd has successfully placed out 12 million Arab Malaysian Merchant Bank shares at M 57.30 apiece. The stake is the remaining portion of the original 20 per cent stake held by Antah Holdings.
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    • Article
      Chun King set for a turnaround: new chief
      506 4  -  Canned-food maker to expand product line, networks By Genevieve Cua SINGAPORE US-based canned-food maker Chun King, the loss-incurring investment of Yeo Hiap Seng Ltd and government-owned Temasek Holdings, is finally looking set for a turnaround and has plans to expand to Europe.
      506 words
    • Article
      Bishan complex likely to generate $16m in rents
      368 4  -  By Colin Tan SINGAPORE Bishan's first private commercial project is expected to generate annual rental income of about $16 million for owners Singapore Technologies Industrial Corporation Pte Ltd and newly-listed Liang Court Holdings. Based on this, the $140 million complex is likely
      368 words
    • Article
      UIS turns in 7pc lower interim profit, adopts cautious outlook
      246 4 SINGAPORE United In--1 ternational Securities Ltd said group earnings for the six months ended June 30 dropped 7 per cent to $1.12 million from a year earlier. UIS, howey§r, did worse m the preceding six months when net earnings came
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    • Article
      Inchcape does not deserve jeers for distributing cash hoard
      577 4  -  THE HOCK LOCK SIEW COLUMN By Lee Han Shih SINGAPORE A number of missiles have been fired at Inchcape Bhd for its decision to return $109 million of its cash to shareholders. "Obviously the company doesn't know what to do with
      577 words
    • Article
      Lock icon Indocement's $1.4b bid for 3 firms gets shareholders' nod
      310 5 Reuter JAKARTA PT Indocement Tunggal Prakarsa shareholders yesterday approved its planned takeover of three companies in Indonesia's largest-ever share transaction. The 1.71 trillion rupiah (S$ 1.368 billion) deal allows the publicly-listed cement producer to acquire three companies in the Salim Group,
      Reuter  -  310 words
    • Article
      Lock icon Dr Doom sounds warning over future of HK markets
      289 5 MARKET TALK AFP HONGKONG Hongkong's dynamism may wane by 1995 as it succumbs to competition from China, and its property and stock markets could soon undergo a sharp correction, said a report released here. Swiss economist Marc Faber's pessimism comes amid
      AFP  -  289 words
    • Article
      Lock icon JAL announces sweeping changes to worldwide services
      259 5 AFP TOKYO Japan Airlines Co Ltd (JAL), reeling from a six billion yen (Ss7s million) loss, yesterday announced sweeping changes to its international network, including suspended services to four cities. The changes include new flights to Munich, Milan, Sydney, Jakarta and Shanghai as
      AFP  -  259 words
    • COMPANY BRIEFS
      • Article
        Goldstar, Samsung in cross-licensing deal
        50 6 SEOUL Goldstar Co, South Korea's leading electronics company, has signed a cross-licensing agreement with its chief domestic rival, Samsung. The agreement signed on Monday will allow the two companies to use freely a total of 8,000 domestic and international patents. Each owns roughly 4,000 patents.
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      • Article
        Call for end to royalty payment
        67 6 BANGKOK Caltex Oil Thailand wants the Thai government to end a 2 per cent revenue royalty paid by foreign refineries in Thailand. Company chairman Sukhavich Rangsitphol said on Monday that he had asked Prime Minister Anand Panyarachun to waive the royalty, The Nation reported
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      • Article
        Wang denies pullout report
        79 6 TOKYO Wang Computer Inc, a Japanese unit of Wang Laboratories Inc, yesterday denied a Japanese newspaper report that it would pull out of the Japanese market. Yomiuri Shimbun had reported that C Itoh Techno-Science Co Ltd, a subsidiary of C Itoh and Co Ltd, would absorb
        79 words
      • Article
        Nam Tai net income rises
        60 6 HONGKONG Nam Tai Electronics Inc said on Monday that its second-quarter net income rose to US$l.B6 million (Ss3 million) from US$2,OOO a year earlier. Pershare earnings at the manufacturer of electronic consumer products were 36 cents, compared with break-even in the 1991 quarter. The per-share
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    • Article, Illustration
      Lock icon Q2 profit in US higher than expected
      350 6 Positive surprises outnumber disappointments by wide margin Reuter NEW YORK Secondquarter US corporate earnings are coming in ahead of Wall Street expectations, surprising analysts who had braced themselves for disappointment. In the weeks before the end of the second quarter on June 30,
      Reuter  -  350 words
    • Article
      Lock icon Lay-offs at Digital untrue: CEO
      141 6 Reuter BOSTON Digital Equip- ment Corp has no immediate plans to lay off thousands of employees, according to the company's incoming president and chief executive, in spite of published reports to the contrary. M l\e been reading in the papers that many people, at least
      Reuter  -  141 words
    • Article
      Lock icon Krupp-Hoesch merger creates industrial giant
      354 6 Reuter DORTMUND, Germany Shareholders in steel and engineering firm Hoesch AG on Monday sealed a merger with Fried Krupp AG. giving birth to a new European industrial giant. Shareholders voted with 99.73 per cent both in terms of votes and nominal capital to merge with
      Reuter  -  354 words
    • Article
      Lock icon Mobil and other US oil majors post lower profits
      353 6 Reuter NEW YORK Mobil Corp, the No 2 ranked US oil company, reported a 43 per cent drop in second-quarter profits on Monday, reflecting pressures being brought to bear on big oil companies by the slow economy. Mobil's results followed those
      Reuter  -  353 words
    • Article
      Lock icon American Express earnings up 21pc in second quarter
      297 6 NYT NEW YORK American Express Co reported on Monday that second-quarter earnings climbed 21 per cent although the company still struggled to regain its financial footing in its charge card business. A series of one-time gains and losses masked the deterioration of
      NYT  -  297 words
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      682 4 IN THE MARKIT PAGES S'pore rally fizzles out 18 Mixed trading in Tokyo 24 HK prices surge 2pc 24 BUSINESS TIMES Toll-free Tel No: 737-0043 Fax No: 734 3698 Hai Sun Hup Group Ltd (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN lhat
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      292 5 THE HIGHEST HONOURS ACCORDED TO BUSINESS ACHIEVERS |L ■II I'l B B H|: I H H HJ »t*^ Vinfiavoro {^Busihess7\wanls jbwiiPMlWnMjp Cast your nominations for this years potential winners Burinm Times, Singapore's only business newspa- NOMINATE NOW per, and DHL Worldwide Express, a leading inter- if you know of an
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      105 6 LEE KUAN YEW DISTINGUISHED VISITORS PROGRAMME H THEME LECTURE SERIES H H "Emerging Issues In Business" H H Nanyang Technological University Presents A PUBLIC LECTURE H PROFESSOR HOWARD STEVENSON I Lee Kuan Yew Distinguished Visitor Preserving Entrepreneurship in Large-Size Companies 1 l Venue LT 1, NTU ADMISSION FREE ALL ARE
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  • FINANCIAL NEWS
    • Article
      Lock icon Taiwan to stop sales of global depository receipts
      419 7 r New issues to be put on hold until upward pressure on NTS eases Bloomberg TAIPEI Taiwan's central bank is seeking to halt sales of global depository receipts by local companies until upward pressure on the new Taiwan dollar eases. In interviews
      Bloomberg  -  419 words
    • Article
      L&M taps S'pore market for $40m to finance deals abroad
      289 7  -  By Soh Tiang Keng SINGAPORE L&M International, a specialist contractor and property developer, has tapped the Singapore capital market for $40 million to help finance its overseas contracts. Nine local and foreign banks are taking part in the syndication of
      289 words
    • SMALL CHANGE
      • Article
        Nikko Securities to cut branches, 1,500 jobs
        76 7 TOKYO Nikko Securities Co, Japan's third largest securities firm, will eliminate 1,500 jobs over the next three years by attrition to reduce costs, the Nihon Keizai newspaper said. TTie company will also reduce the number of its branches in Japan by 10 per
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      • Article
        Thai banks considering rate cut
        102 7 BANGKOK Five major banks are expected to meet early next month to consider an interest rate cut after similar moves in Japan and the US, a sehior official of Bank of Ayudhya said. Thipsamat Na Chiangmai, the bank's director and senior executive vice-president, told reporters
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      • Article
        US bank sues Iraq's central bank
        72 7 NEW YORK The Bank of New York sued Rafidain Bank and Central Bank of Iraq to recover more than U5522.5 million owed in loan payments dating back to the 1990 Gulf War. The suit, filed in Manhattan federal court, alleges that Rafidain defaulted on
        72 words
      • Article
        ASB Bank profit rises 2pc
        62 7 WELLINGTON ASB Bank Ltd, 75 per cent owned by Commonwealth Bank of Australia Ltd, said it raised its after-tax operating profit by 2 per cent to NZ536.9 million in the June year. The Auckland-based bank's operating profit was NZ$l5.l million in the first half and
        62 words
    • Article
      Lock icon Stanchart moves to recover S$186m in Indian shares scam
      227 7 Reuter NEW DELHI The Standard Chartered Bank has begun moves to recover at least three billion rupees (S$ 185.8 million) from various banks to reconcile its securities deals caught up in a billiondollar financial scandal. A spokeswoman for the Bombay branch
      Reuter  -  227 words
    • Article
      Lock icon Barclays Bank moves senior execs around in Asia
      223 7 Bloomberg LONDON Barclays Bank pic said it has appointed its Singapore branch chief Peter Geer as regional chief executive for Asia, excluding Japan. Mr Geer will be responsible for Barclays Bank and its investment banking unit, Barclays de Zoete Wedd. Barclays said
      Bloomberg  -  223 words
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      100 7 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available U.S.$ BAHAMAS 900 8.V.1 950 COOK ISLANDS 1600 DELAWARE 295 GIBRALTAR 500 HONG KONG 350 IRELAND 400 ISLE OF MAN 450 JERSEY 900 LIBERIA 1050 •MADEIRA 3750 •PANAMA 800 U.K. LTD 240 WESTERN SAMOA 750
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      242 7 THE CASE FOR PUTTING ALL YOUR EGGS IN ONE BASKET. What would you think of a company that is open for business 24 hours a day, seven days a week? Workaholics? A company whose worldwide network operates on an almost identical basis all over the world? A touch obsessive? That
      242 words
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  • THE REGION 1
    • Article
      Lock icon Experts cautiously bullish on Thai economic rebound
      471 8 Knight-Ridder BANGKOK The restoration of political stability in Thailand has renewed analysts' confidence in the economy, and reasonably strong growth should return in the October-December period, should the Sep 13 general election proceed smoothly. Economists have also based their renewed, but cautious, optimism
      Knight-Ridder  -  471 words
    • Article
      Lock icon Indon palm oil exports seen hitting record 1.65m tonnes
      320 8 Knight-Ridder KUALA LUMPUR Indonesia will post record high palm oil exports of 1.6S million tonnes in 1992 to 1993 (October-September), since output is expected to increase because of larger harvested area, the US agricultural attache said in a report. The report
      Knight-Ridder  -  320 words
    • Article
      Lock icon M'sian court suspends closure of radioactive plant
      400 8 AFP KUALA LUMPUR Malaysia's Supreme Court has suspended a High Court order for the immediate shutdown of a partly Japanese-owned chemical plant that produced radioactive waste, officials said Monday. The suspension of the July 11 order followed a request for "a stay of
      AFP  -  400 words
    • Article
      Lock icon Australian deficit seen up in June but down for year
      494 9 Reuter SYDNEY Large aircraft imports and subdued exports are forecast to have pushed Australia's current account deficit wider in June but analysts say a narrowing in the fiscal 1991/92 deficit will provide some welcome economic news. Analysts said the current
      Reuter  -  494 words
    • NOTE BOOK
      • Article
        KL to re-examine alarming Aids data
        71 9 KUALA LUMPUR The Malaysian government said yesterday it would re-examine recent tests on illegal immigrants that showed an alarming 30 per cent of those who registered for work permits were carrying the Aids vims. Prime Minister Mahathir Mohamad said the government viewed the findings
        71 words
      • Article
        Curbs on foreign workers eased
        61 9 KUALA LUMPUR The government has allowed the manufacturing sector to be opened to foreign workers on a selective basis depending on merit, Deputy Human Resources Minister M Mahalingam said yesterday. These workers could be engaged in the professional, technical, skilled and semi-skilled areas, he said,
        61 words
      • Article
        Aussie skilled openings still flat
        71 9 CANBERRA The level of skilled job vacancies in Australia remained flat in July, the government reported. The Department of Employment, Education and Training said in its monthly report that vacancies fell in eight of the 14 occupational groups surveyed. Analysts said the flat result was
        71 words
      • Article, Illustration
        Ex-convicts in PNG Cabinet
        76 9 PORT MORESBY Papua New Guinea Prime Minister Paias Wingti on Monday announced a 27-man Cabinet that includes former Finance Minister Sir Julius Chan and two former convicts. Mr Wingti, who won office by a one-vote margin in a July 17 parliamentary poll, also announced the creation
        76 words
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      690 9 > WWNNItfWMDroR V ft J-.' j}|f |NU«PTHe«>U*m V V I OWNIN6 THS MOST NUM©** Of- >•• \\j ©N NOTEBOOK. J I *07*000** WHAT DO H>o, J j Sv A j the /Vfl-SZ- ser/es vwf/> f/?e revolutionary Removable Hard Disk. NB-SL series with advanced power management system, for extended power supply.
      690 words
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  • THE WORLD 1
    • Article, Illustration
      Lock icon Japanese ruling party mired again in scandal
      482 10 USs2b paid in 1987 to fix LDP leadership election: reports Reuter TOKYO Just two days after an election triumph, Japan's ruling party is again mired in allegations over its links to corruption, organised crime and rightwing extremists. Newspaper and television reports on Monday
      Reuter  -  482 words
    • Article
      Lock icon Fall in World Bank loans to Third World
      173 10 AFP WASHINGTON World Bank loans to developing countries totalled more than US$2l billion (Ss33£ billion) for fiscal 1992 ending June 30, according to a statement released on Monday. Loans from the organisation's International Bank for Reconstruction and Development (IBRD) and the International
      AFP  -  173 words
    • Article
      Lock icon UK govt criticised over handling of economy
      291 10 FT LONDON The UK governmcnt's handling of the economy was severely criticised on Monday as leaders of Britain's hard-hit building industry warned that a further 40,000 jobs could be lost by Christmas. A survey of 600 construction companies by the Building Employers Confederation,
      FT  -  291 words
    • Article
      Lock icon Yugoslav refugee costs likely to soar
      226 10 Reuter BRUSSELS The G-24 group of rich industrial countries has pledged over US$lOO million (Ssl6l million) in new aid for Yugoslav refugees, but the European Commission warned on Monday that the cost of coping with the crisis could soon be billions. A senior Commission
      Reuter  -  226 words
    • Article
      Lock icon EC ministers agree on minimum VAT rates, excise duty
      453 10 Reuter BRUSSELS European Community finance ministers on Monday struck a conditional deal setting minimum rates of value-ad-ded tax (VAT) and excise duties, after spending most of the day effectively haggling over the price of a drink. The deal subject to reservations
      Reuter  -  453 words
    • Article
      Lock icon Threat to block Nafta in US unless changes made
      453 11 FT WASHINGTON The US Congress will block the North American Free Trade Agreement unless fundamental amendments are made to it to protect US jobs and the environment, congressman Richard Gephardt, the US House Democrat Majority Leader, has warned. His speech to
      FT  -  453 words
    • Article
      Lock icon New Israeli govt survives first challenge
      334 11 AP JERUSALEM The new government easily survived its first challenge five noconfidence motions submitted on Monday in Parliament to protest against curbs on Jewish settlement in the occupied lands and moves to push peace talks forward. The 120-member Parliament rejected the motions with a
      AP  -  334 words
    • WORLD WATCH
      • Article
        Chinese provinces to explore Asian markets
        87 11 HONGKONG Five of China's south-western provinces and regions are to join forces to explore markets in South and South-east Asia, it was reported yesterday. At a conference held in the city of Kunming on Monday, officials from Yunnan, Sichuan, Guizhou, Guangxi and Tibet gathered
        87 words
      • Article, Illustration
        Remembering the war dead
        83 11 ARLINGTON, Virginia South Korean Ambassador to the US Hyun Hong Choo, aided by a US Marine, placed a wreath at the Tomb of the Unknown Soldier in the Arlington National Cemetery on Monday during a ceremony to commemorate the soldiers who gave their lives during the
        83 words
      • Article
        Seoul to protest against probe
        73 11 SEOUL The South Korean Trade and Industry Ministry will protest against a recent US government decision to investigate 84 dumping suits against South Korean steel imports, a top trade official said yesterday. Lee Jin Hwan, the ministry's deputy director for the US division, said the
        73 words
      • Article
        Japan needs 6m more workers
        48 11 TOKYO Japan will need six million more workers to achieve the government's intended goal of 3.5 per cent GNP growth and 1,800 working hours in the fiscal year ending March 1997, a report by the Japan Federation of Employers' Associations (Nikkeiren) claimed yesterday.
        48 words
    • Article
      Lock icon China's reforms may fuel export drive
      450 11 US trade deficit with Beijing will exceed US$ 15b, says CIA Reuter WASHINGTON China's market-oriented reform efforts may fuel the country's export drive, widening its trade imbalance with the United States and other trade partners, the CIA said on Monday. The Central Intelligence Agency
      Reuter  -  450 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      264 10 HOW TO REDUCE YOUR After 10 years of opening new models, Y ou can of we con tell lUR certificate to enjoy significant savings. you the best way to reduce your n e^ Y certificate ensures communication costs as business considerable savings, while you expands. EH costcompetitive as business And
      264 words
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      Page 10 Advertisements Column 2
      136 10 I proudly presents Prof Wen Kezheng, Bass Vocal Recital 5 7 August 1992 (Bpm) Singapore Conference Hall An exponent of the Italian Lamperti and Garcia School, he was hailed as "one of today's best vocalist", "a virtuoso singer". 4 5/8 Chinese Art Songs A Folk Songs 7/8 World Ait Songs
      136 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      163 11 ONLY FEDERAL EXPRESS CAN DELIVER YOUR PACKAGES OVERNIGHT TO VIRTUALLY ANYWHERE IN THE U.S. REFORE 10.30 A.M. GUARANTEED. Other air express companies have to rely on commercial j 0 keep track of everything we ship, we developed airlines to get your packages to North America. COSMOS* and KIAC*. Two of
      163 words
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  • Article
    No magic cure for Japan
    478 12 EDITORIAL THE BEST KEPT secret in Japan is often the most widely discounted factor in the stock markets. Ask Yasushi Mieno, the cautious governor of the Bank of Japan. On Monday, the central bank chief bowed to pressure and trimmed the official discount rate by
    478 words
  • WHAT THE OTHERS SAY
    • Article
      Use minority power wisely
      290 12 THE 101 Singapore Airlines shareholders who made it possible for the other 12.500 shareholders to enjoy a generous one-for-one bonus or scrip issue from the company have proven a point. It is possible for minority shareholders to have it their way, if they persevere enough and
      290 words
    • Article
      More tuition for students
      88 12 IT IS encouraging to note that Malay students who benefited from tuition provided by Mendaki performed better than those who did not go for the classes. Certainly, the good news would enhance Mendaki's image and hopefully would prove its critics wrong. Mendaki and other Malay organisations
      88 words
    • Article
      LDP's victory
      142 12 THE ruling LDP has only managed to return to power with the help of opposition parties. Its introduction of the expenditure tax. funding of US$9 billion to US troops in the Gulf region and passing of the Peacekeeping Operations (PKO) law in recent times would not have been
      142 words
  • REGIONAL VIEWPOINTS
    • Article
      Inconsistent visa policy
      234 12 HONGKONG'S visa regulations read as if the Cold War was at its height and need to be brought into the 21st century. The latest edition of the Immigration Department pamphlet "Do I need a visa for Hongkong?" continues to treat the Soviet Union as a single country.
      234 words
    • Article
      A threat to democracy
      112 12 AFTER praising Suchinda and attacking their "enemies", the right-wingers had no time left to explain what form of "democracy" they really had in mind. But if they saw nothing wrong in Suchinda's rise to the premiership and in the May bloodbath, then we suspect that their
      112 words
    • Article
      A new relationship
      160 12 A NUMBER of notes can be made regarding this latest Asean post-ministerial conference between the six South-east Asian countries and some of their major trading partners, including Japan, the United States, Australia, the EC and Canada. First, while the reported impasse is obviously a disappointment after all
      160 words
  • Article, Illustration
    A country's cry for confidence
    1046 12  -  The economic reform which India embarked upon a year ago has yet to bear fruit. Kuldip Nayar examines the factors which have held back the expected flood of foreign investment Kuldip Nayar The writer is a New Delhi-based syndicated columnist and a former Indian high
    1,046 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      218 12 Moments of magic... utork in it. Lanqkauti Holiday (/ittaf A day of serious business drifts by in a relaxing atmosphere. First class hotel service smooths away the tension in the hall. It's a meeting well met. Then adjourn to our stretch of beautiful ivory beoches, one of the finest in
      218 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      30 12 DOONESBURY by garry trudeau 11 Tmmnt mirf til He is. jom&Pßom&i X i MKTHFS 19THATSteOVf*£• ZOHUR! SNOWW < stesmmw ywunu Awnm/Dummi UJHAr /< J THATMHMP fTf 4JMWUUK7M*-. //j I 20HKSK.TDHV HgNT. f
      30 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Turkey takes on a new role
      1046 13  -  The Gulf War and the demise of the Soviet Union have elevated Turkey to new heights. Tom Buerkle reports Tom Buerkle NYT AFTER years of wavering on the fault line between Europe and Asia, Turkey now sees its economic and strategic interests tied more
      NYT  -  1,046 words
    • Article, Illustration
      Selling Sydney
      1160 13  -  A taskforce has recommended that Australia start marketing Sydney as an Asia-Pacific financial and business centre, or risk losing out to more aggressive centres like Singapore. BT's Sydney Correspondent Florence Chong reports Florence Chong The positioning of Sydney as an AsiaPacific business and financial centre is likely to
      1,160 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      125 13 jmit CUISINf CHIHOI SI Dim Sum To Your Heart's Delight b mora than just another lunch menu, h means to pick heart's choice. AlSpk* Garden, we uncUntand #w pMotophy of Dim Sum J& <>'. '^tti,-~^j>.J:-.> >J% Therefore our special/ aeatod selection of Hong Kong Dim Sum by our Mart* chefs
      125 words
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  • THE LAW PAGE
    • Article, Illustration
      Paying the piper: remuneration for company managers
      1601 14  -  Walter Woon discusses what the law says about the worth of managers Walter Woon The writer is vice-dean of the Faculty of Law at the National University of Singapore ARE managers worth what companies pay them? The topic of executive pay has not
      1,601 words
    • Article
      The tenant did not hold over premises
      427 14 CASE Lee Wah Bank Ltd v AfroAsia Shipping Co (Ple) Lid Court of Appeal of the Republic of Singapore, Civil Appeal No 15 of 1990. Chief Justice Yong Pong How and Justices Chan Sek Keong and Goh Joon Seng. THE DISPUTE involved the
      427 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      259 14 This announcement appears as a matter of record only IBM L M INTERNATIONAL PTE LTD 5540,000,000 MULTICURRENCY MULTIPLE OPTION FACILITY j a hi/ L&M GROUP INVESTMENTS LIMITED Lead Managers ABN AMRO Bank N.V. Bangkok Bank Limited, Singapore Branch Bayerische Landesbank Girozentrale. Singapore Branch BHF Bank, Singapore Branch Malayan Banking Berhad,
      259 words
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  • OLYMPICS '92
    • Article, Illustration
      Lock icon Go ahead, cry your heart out
      497 15 UPI BARCELONA A tearful junior high school-girl Kyoko Iwasaki clasped Japan's first Olympic swim gold in 20 years on Monday night. A relatively unknown 200metre breaststroker, Iwasaki clipped five seconds off her best time to win the race in 2:26.65, two-tenths of a second
      UPI  -  497 words
    • Article, Illustration
      CIS dominates men's gymnastics
      495 15 BARCELONA The CIS swept the first four individual places in the men's gymnastics compulsories on Monday, virtually assuring itself of a gold medal in the team competition before the optional round even begins. With a team member holding down at least a share of first place
      495 words
    • Article
      TODAY'S SCHEDULE
      202 15 BADMINTON: Men and women 4pm/ 11pm: Singles (2nd rd), Doubles (Ist rd) BASKETBALL: Men's Gp A: 5.30pm: Brazil v Angola 2am (Thursday): United States v Germany [4.30 am: Croatia v Spain Gp B: 3.30pm: Venezuela v Australia 8.30pm: CIS v China 10.30pm: Lithuania v Puerto Rico CYCLING: Men:
      202 words
    • Article
      Lock icon Chinese judoka wins historic gold
      320 15 Reuter, AP BARCELONA Zhuang Xiaoyan of China became the first woman to win an Olympic judo gold medal on Monday. She overcame a height and weight disadvantage to beat Cuba's Estela Rodriguez Villanueva in the heavyweight (over 72kg) category. Zhuang, 23, pinned the Cuban on
      Reuter,; AP  -  320 words
    • Article, Illustration
      Lock icon Morales' triumph energises US team
      659 15 NYT BARCELONA Eight years after he was edged out for a gold medal in Los Angeles, four years after he failed to make the US swimming team for Seoul, Pablo Morales finally reached the end of an Olympic pool first. His victory over Rafal Szukala
      NYT  -  659 words
    • Article
      Becker labours through
      58 15 TENNIS STAR Boris Becker won an Olympic marathon yesterday. The tenacious German took almost five hours to beat little-known Christian Ruud of Norway in the opening centre-court match. The score: 3-6, 7-6 (7-2), 5-7, 7-6 (7-2), 6-3. His countrywoman, top-seeded Steffi Graf, had a much easier time
      58 words
    • Article
      Dream Team crushes Croatia
      73 15 MICHAEL JORDAN, Charles Barkley and Scottie Pippen provided the aerial highlights and the US men's basketball dream team inflicted a nightmarish defence upon Croatia on Monday night in a 103-70 win. Jordan scored 21 points, Barkley 20 and Pippen 13 all in the first half and
      73 words
    • Article
      Tsk, tsk
      45 15 US SPRINTER Carl Lewis was reprimanded for giving a live report by portable telephone while marching in the opening ceremony of the Olympics. Lewis violated the Olympic Charter by working as a journalist and could face sanctions, the International Olympic Committee said yesterday.
      45 words
    • Article
      Johnson surfaces
      45 15 CANADIAN sprinter Ben Johnson, who cast a long shadow over the Seoul Olympics by failing a drugs test, has arrived in Barcelona. Johnson, whose whereabouts had been a mystery to outsiders, turned up on Monday for his accreditation, the Canadian delegation said yesterday.
      45 words
    • Article
      Zhuang to be tested
      70 15 CHINESE swimming gold medallist Zhuang Yong will be able to dispel allegations of doping if she finishes in the first four of Friday's 50-metre freestyle final. Zhuang, the 50m freestyle world champion, was not drawn for a test for performance-en-hancing drugs after winning Sunday's 100 m
      70 words
    • Article
      At last count
      165 15 NEVER MIND the name they go by, nor the anthem they hear from the victory podium. The CIS or EUN, formally the USSR, headed the Olympic gold rush as of 9pm last night (Singapore time) with 6 gold and one silver. It added to the two gold
      165 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      1234 15 S SINGAPORE BRANCH 8 Shenton Woy. OhwHon Houoo, Wngaport 0101. Robinson Rood, P.0.80x 246 Singapore 9004 HypQFRCE BANQUE INDOSUEZ CONSOLIDATED BALANCE SHEET, BANQUE NPQ3UEZ AND SUBSKMAWES BANQUE WDOSUEZ AND 3UBBKXAWEB (in tiousanos, fOPIFMF 19MFBF ABBEIS in DKOTbw 31) IN 1 FNF 1900FRF w—<■» j kwome Irom banking operations 48.246.010 40.547.462
      1,234 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      1193 16 Nothing Beats A Bud-where to wine, dine WuNO OF ur BBBIWh Mm i jtv H9lb i>fl j niiffl^i--'^Sfct••*ftj iI ORGANISE YOUR OWN KARAOKE! It's your very own Karaoke party! King's Hotel has come up with a Daily Karaoke package for groups of 10-200 people from 12 noon to 5 pm.
      1,193 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      714 16 TELEVISION AND RADIO -IB f m, BJO Aewrka's Foaolast People OJO Maa»(M). Mnrhin maniac sssasr* nc^9i^^~ ITAv/1 L/XvL lllCil IICiV/ 5.55 Ml Opening followed by IM Trapkai Heal She. tJO Tartar P ftaadee Semerah JTL 1 ij,, W*l 10.3® Wodaasday 0a S Phan- Padi (M). F NrwT W ,<W tasm
      714 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Festival takes on new hues
      861 17  -  All is not the same, and will probably never be again at the Salzburg Festival, says Edward Rothstein Edward Rothstein NYT WHEN the Salzburg Festival began on Monday, it might have appeared just business as usual. As in 1989, when I first visited the festival,
      NYT  -  861 words
    • Article
      Portrait of a chilling society
      494 17  -  Cheryl Liew reviews Glass Roots (Don't Step On Them) Cheryl Liew PLAYWRIGHT Haresh Sharma may have insisted that Glass Roots (Don 't Step On Them) did not have any political overtones, but in the final analysis, it was actually loaded with them. The topics discussed
      494 words
    • Article, Illustration
      Move over George, make way for Dave
      559 17 HOLD on to your popcorn and Goobers there's about to be a new man in the White House Oval Office, and it's not Bill Clinton or Ross Perot. It's "Dave". The Warner Brothers movie Dave is being shot this week in Washington and
      559 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      228 17 AND ENTERTAIN r< A >id§ri j"W v liiV -.yM SUMPTUOUS SEAFOOD The freshest Catch-from-the-sea prepared in authentic ASEAN-style. BufTet Dinner is available nightly from 8 31 July 1992 7.00 pm to 10 JO pm ANAHOTQ For reserratioos phase call 732-1222 ext 1700 T«w>n. <6S) ra 1222 ,r y is* %-v^M
      228 words
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      Page 17 Advertisements Column 2
      4 17 > vfl TRANE AIR CONDITIONING
      4 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Rally runs out of steam as major stocks fall
      3995 18  -  By S N Vasuki MONDAY'S rally in the stock market quickly ran out of steam yesterday as investors preferred to book profits. The Straits Times Industrials Index posted a 9.81 point decline to close at 1,412.53, although at one stage it
      3,995 words
    • Article, Illustration
      Lock icon HOT STOCK Comment
      70 18  -  Byi Quak Hiang Whai ON the monthly charts, the lines in a triangle seem to converge, showing Metro Holdings on a downward trend after hitting the top of the resistance line at about $4.80. Bat the stock should be well supported at $3.80. Watch for a rebound
      SOURCE: BRIDGE INFO  -  70 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3058 19 Jurong Ship 50" 780 +25 +3.3% Eu Yan Sang Wt 65 +12 +22.6% OCBC Foreign 1260 +10 +0.8% Spore BusF 500 735 +10 +1.4% OCBC 940 5 0.5% NatSteel 50« 310 +4 +1.3% Shangri-La 484 4 0.8% Times Pub 368 +4 +1.1% Focal Finance 129
    3,058 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      129 19 I J YOUR KEY TO BETTERBUSINESSDECISIONS Shine is Singapore Press Holdings' inforich database financial statements highlights, graphs, latest results team: T. S. Lui on 740 1035, Hazel Ong on 740 1771 or on Teleview, which incidentally is the most advanced and company news. Tony Chia on 740 1033. video text
      129 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    2837 20 Golden Plus H 111 +10 +9.9% M1SC Foreign 452 +4 +0.9% SPK-Sentosa 88Vi +3% +4.1% Sunfei Way 173 +3 +1.8% Antah Hldgs 50- 111 +1 +0.9% Menang Corp 46 +1 +2.2% Kamunting 50* 45V4 +1.1% MBf Hldgs 30* 46Vj Vi +1.1% Golden nut H 111
    2,837 words
  • Page 20 Advertisements
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares lose ground but close off day's lows
      5143 21 Bernama SHARE prices drifted to a lower close yesterday but managed to end off their lows. The Composite Index slipped 3.93 points to 585.77 and the Emas Index fell 0.88 of a point to 143.40. The Industrial Index slumped 6.82 points to
      Bernama  -  5,143 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      306 22 1* tttt 1 —t Date Ymt firw» Itet Net ew*e» Qme MM to pnllt/toM (L) m »ta" MM (•tit) (CMto) CK Tang Jul 23 Mar 92 13,802(16.552) 9.2(16.8) 6(6) Causeway Jul 22 Dec 91 $3581(11.808) -(5.8) J Cement Jul 22 Mar 92 $10.044($3.126) 28.5(8.9) 12.5(7.5) AaaPacld Jul 20
      306 words
    • Article
      PRELIMINARY RESULTS
      191 22 Company Date Year Group pre-tax Net earnings Grots ann to profit/loss (L) par share dWdtnd (000) (cants) RasNd Hussam Jul 24 May 92 M$68.279($68.223) 24.4(33) 5(5) YTl Corpn Jul 24 )un 92 M$42.505($30,951) 17 3(136) 10(10) Sri Hartamas Jul 21 Dec 91 MJ955L ($14,8741) Khong Guan Jul 20
      191 words
    • Article
      INTERIM RESULTS
      169 22 Company Date Half-year Group pre-tax Interim ann to profit/less (L) dividend C000) Seinb Maritime Jul 27 Jun 92 58.025(57.146) Magnum Corp Jul 27 Jun 92 M5137.04H 586.640) NYA(30> Focal Finance Jul 24 Jun 92 $5.70«(S2.988) HiapMoti Jul 23 Jun 92 51.691(11.186) Public Bant Jul 23 Jun 92 M5105.034(80.685)
      169 words
    • Article
      RESULTS FORECAST
      74 22 CM IMUTw ftnorf Mi M MPltB EPS maci tar IK tnm praft N§ N§ Cvpay fmW M jr art* (cfc) (TNI) M MM F Apr 30 Dec 91 15 8.946 14 0-27 6 2.4-2.6 M M| F Jul 18 Iter 92 2.6 3 0 4.921 2.1—53 1.1—2.7 Forecast
      74 words
    • Article
      OTHER RESULTS DUE
      521 22 Mi Umi MUto tmm Kt im jgg (srtt) OB Final Nov 6 M 91 3.0TE *****1 UtaM Intern M 30 Dec 92 6.6 SO 6.076 Sin Mnm -30 ,5 SU-. 5E SS K« si »o a* > lb 1 Dec 92 8.1 6.0 26,243 Interim At* 2
      521 words
    • Article
      DIVIDENDS ANNOUNCED
      574 22 Croat Ex totto Mi UWfcr TiWhr pqwrt fete dm Mh Ito yw tot jmt Mn Mp 50c 6%(b) An 26 Sep 7 Sep 24 6% 61 tool 25C 10% An 21 An 27 Sep 10 10% 10% Mi Fac U 50c 2%(b) Jul 23 An 6 Sep 1
      574 words
    • Article
      CORPORATE DEVELOPMENTS
      736 22 Jul 26 CX T»g Ltd expects its trading division to double its contribution in two to three years' time and is aggressively expanding both aspects of its business stores and trading. Eu Yan Sag Hongkong Pte Ltd is applying for a public listing on the Hongkong Stock Exchange
      736 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      874 22 Trass Haftotarad SmkstamtM Bay/ Na. af Aamwt SkarakaMtag Stock Data Holder SfcarakaMar/Wractar SaM skaras Baiara Mtor Venture Mfo 23/07/92 Malaysian Smarter Companies Fund venture** g 5 j ***** w 5 313 000 7 S1 Tat Lee Bank 23/07/92 DBS Nominees (Pte) Ltd DBS Bank B 12.000 37.547
      874 words
    • Article
      APPROVED ISSUES
      436 22 Company Issue MC Ba* One-tor 4wo MSI25 per share Ei-date ton 2 Boots dose Jai 17 Acceptance 4 Payment Jul 30 Em Tan Sam Three-tor-one SI 05 per share Ex-date ton 17 Books Close Jun 27 Acceptance 4 Payment tog 3 MM Ttoeetortour at MSI 00 per share
      436 words
    • Article
      PROPOSED ISSUES
      498 22 M—a Tadi 0ne4gr-owi M JO pa <Wi JM SM (tatter-tone MS2.20 par Am to at 211-Bw 50* C UK i each 1992/97 (CRTS) «j» to 211.62m Transferable Subacnption MgMs (TSR) tor an aaregate pncc of Mil par CRPS with am TSR, on tot Mi of ant CRPS vnth
      498 words
    • Article
      SCRIPLESS CONVERSIONS
      74 22 Coamsioa Special Trdg Scripfcn Conversion deadline Period Tradh« Compaay starts (I DP) (ST) starts Amcoi Jul 17 Aug 13 Jul 31 Aug 13 Aug 14 ANA Hotels Jul 31 Aug 27 Aug 17-Aug 27 Aug 28 Hariaaa Jul 17 Aug 13 Jul 31 Aug 13 Aug 14 Lta
      74 words
    • Article
      COMPANY MEETINGS
      169 22 Rodmans Mustms Ltd; 13th AGM at the Registered Office, Virginia Par, 905 Bukit Timah Road, Singapore 2158, on Thursday, July 30 at 11.30 am Am Pacific Land Bhd: 31st AGM at the Miami 111 Hall, Ferringhi Beach Hotel, 12.5 km Batu Ferringhi Road, ***** Batu Ferringhi, Penang, on
      169 words
    • Article
      RECORD HIGHS & LOWS
      127 22 RECORD HIGHS LOWS BT Index ST Industrials Index 1«mTI31S68 (21/2/92) lW2 *****2 < 27 1 92 > 1952 tow; *****1 (9/4/92) j"? {5/6/91) 1991 H* 1333.08 (3/6/91) j»J J* J®* 1991 tow. 1022.52 (16/1/91) "J®* 1990 1435.43 (16/7/90) J" J* g™ {gg<» 1990 tow: 961.07 (09/11/90) J** M-tra toftc 1435.43
      127 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      307 22 la local cwt la St la US$ %4y%yr *y yr dy yr Jafr 27 lata chge Or chge cfcge chge chge World 368.1 -0.1 -9.8 -0.1-10.0 0.0 -9.7 iEAFE 422.4 -0.5 -15.9 -0.2 -15.5 -0.1 -15.3 Europe 396.7 -0.4 -3.5 0.5 -1.0 0.6 -0.7 Pacific
      307 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Prices ease on rumours of stock market probe
      1772 23 Reuter STOCKS eased yesterday after late selling triggered by market concerns that Thailand's authorities may step up surveillance of speculation by big players, brokers said. The SET Index shed 2.37 points to close at 732.57 on moderate 5.24 billion baht turnover. Declines
      Reuter; Source: Bridge Info  -  1,772 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks end lower as investors keep to sidelines
      926 23 STOCK prices closed lower in quiet trade yesterday as most investors stayed on the sidelines, brokers said. Brokers said heavy selling put pressure on banks. The official index closed at 317.20, down 1.74 points. Bank Bali led the most active list on
      Source: Bridge Info  -  926 words
  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Lock icon China 'A' shares fall victim to profit-taking
      342 23 Reuter CHINA *B' shares ended little changed yesterday but 'A' shares fell victim to profittaking on both exchanges, Hongkong brokers said. Credit Lyonnais Securities' daily report said the selling followed bullishness which fuelled Monday's jump in Shenzhen 'A' shares. The CLSA Shanghai 'A'
      Reuter  -  342 words
  • Page 23 Advertisements
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei edges higher in thin trade
      2578 24 Reuter TOKYO stocks ended mixed after a sleepy session of range-bound trade yesterday. Most investors were sidelined by the summer vacation or continuing disappointment over the market's lacklustre response to Monday's discount rate cut, brokers said. Futures-linked programs set the pace. "We saw a
      Reuter  -  2,578 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Prices surge 2pc on technical rebound
      2459 24 Reuter SHARE prices yesterday surged more than 2 per cent largely on a technical rebound, ending at the day's highs and recouping Monday's losses, brokers said. "Bargain-hunting on individual stocks lifted prices despite continued institutional selling," said Michael Ng, dealing manager of Sassoon Securities.
      Reuter  -  2,459 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks end slightly lower as Nikkei rebounds
      2066 25 Reuter AUSTRALIAN shares yesterday closed only marginally down on the day, recovering from their earlier lows in line with a rebound in Tokyo. But there was little impetus to the market. Trade was dominated by Pasminco, as CRA and North Broken Poke's after-hours
      Reuter; Source: Bridge Info  -  2,066 words
  • REGIONAL STOCK MARKETS
    • Taipei index ends at new 18-month low
      • Article
        TAIPEI
        537 25 SHARE prices extended early losses yesterday and the Weighted Index finished at a new 18-month low. Many brokers said the market would likely drift lower to test 3,800 points in the near term. The index fell 49.12 points to end at 3.959.10. Turnover was a moderate NTS22.I billion after
        537 words
      • Article
        NEW ZEALAND
        248 25 THE NZSE-40 Capital Index fell 1.2 per cent yesterday mainly as a result of sharp falls in three leading stocks Telecom, Fletcher Challenge and Carter Holt Harvey. Bearish sentiment was carried over from leading foreign markets. "The tone was pretty soggy offshore," Jordan Sandman Were's Rob Gwyther said.
        248 words
      • Article
        SEOUL
        789 25 THE sagging stock market yesterday closed lower for a third consecutive session in thin trade amid little hope of quick recovery. "Generally, neither domestic nor foreign investors have any interest in the market," said Ssangyong Securities' Kim Ik Rae. Brokers said the market rose briefly in the morning on
        789 words
      • Article
        BOMBAY
        95 25 SHARE prices rose sharply on Monday after a special court ruled in favour of a Bombay Stock Exchange (BSE) petition to free shares seized by the government in connection with a financial scandal, brokers said. "The verdict is in our favour,*' BSE president G B Desai said. "All transactions
        95 words
      • Article
        Untitled
        50 25 Om Pit ill NEW ZEALAND NZSE-40 Capiui 1,531.42 1,550.50 -19.01 ■ANNA Composite Index 1,477.67 t ,47V 10 +2.57 Turnover (mil pem) 235.9 299.3 -43.4 TMPD Weighted Price lodes 3.959.10 4,001.22 -49 12 Turnover (NTS btUwo) 22.1 23.94 -114 Composite Stock Index 514.45 SI7.4S -3.03 Turnover (billton woo) 129.9 121.14 +t.76
        50 words
      • Article
        MANILA
        474 25 SHARE prices moved in a narrow range yesterday and closed mixed after some profit-taking from Monday's rally, brokers said. The Manila Stock Exchange Composite Index edged 2.57 points higher to end at 1,477.67. Brokers said the market appealed to be gearing up for another advance after a prolonged consolidation
        474 words
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  • WORLD STOCK MARKETS
    • NY stocks end mixed as gains are erased
      • Article
        Untitled
        183 26 My 27 Qm MM NEW VOW Dow Jones 3,282.20 3JSS.71 -3.31 SAP 300 411.34 411JO -0.06 Turnover (milion) 164.70 163.19 4-0.11 LONDON Financial Time# 90 1.767.0 1,719.1 -22.1 FTSE 100 2,341.0 -29.2 Turnover (million) 34J.f 494.7 +69.2 FtANKFURT DAX Index 1,611.09 1,610.42 4-7.67 AMSTERDAM EOE Index 283.91 2S6I3 -2.22 CA040
        183 words
      • Article, Illustration
        NEW YORK
        1239 26 A LACK of conviction all but erased Wall Street's early gains on Monday, sending the market to a mixed close. Drug stocks provided one of the rare features of the day, as investors sought out growth sectors following some disappointing cyclical earnings. "People are looking around to find
        1,239 words
      • Article, Illustration
        LONDON
        674 26 SHARES extended their losses of the previous nine weeks on Monday on the London Stock Exchange at the start of a new trading account, flattened by weakness in key stocks and further economic gloom. Wary traders ignored the truce reached during the week-end between Iraq and the United Nations
        674 words
      • Article
        FRANKFURT
        282 26 GERMAN shares put on a spurt in the last hour of trading on Monday, wiping out an early dip to a 6V2 month low and closing with modest gains. Traders said prices were again largely driven by the DTB futures market, where the September DAX Index contract swung widely
        282 words
      • Article
        AMSTERDAM
        284 26 DUTCH shares closed a lethargic session on Monday lower as a depressed London slock market, a weaker dollar and high interest rates kept buyers sidelined. "I can't name anything positive that could prompt investors to buy. There's nothing so prices spiral down," a dealer said. The EOE Index finished
        284 words
      • Article
        PARIS
        204 26 THE beginning of the August trading account coindded with a slight easing in the pessimism that has recently gripped the market to nudge share prices higher. Dealers on Monday said some players, mostly traders rather than fund managers, used the account opening as an excuse to place bets the
        204 words
      • Article
        MILAN
        238 26 LIGHT technical buying towards the end of Monday's session pulled Italian shares off their lows, but leading blue chips took another battering and few brokers were prepared to bet on a recovery in the near term. The MIB all share index closed floor trading 7.98 lower to 398.38. The
        238 words
      • Article
        ZURICH
        252 26 SWISS shares ended a slow Monday session steady to slightly higher after Wall Street's firm opening helped the industrial sector to recover losses, dealers said. The all-share SPI Index dosed 0.2 points higher at 1,113.0 and the SMI Index of leading shares added 5.1 to 1,761.9. Volume was low
        252 words
      • Article
        STOCKHOLM
        126 26 SWEDISH shares bounced off a weak opening and dosed almost one per cent higher on Monday after a several days of dedine. Analysts said, however, the rise was a technical correction with little fundamental ground, and the options market showed continued pessimism. The Bourse General Index rose 0.92 per
        126 words
      • Article
        BRUSSELS
        171 26 BELGIAN stocks closed weaker on Monday but above the day's lows as some leading shares, including retailer Delhaize, recovered some of their losses. Dealers said the fall on the Tokyo share market, uncertainty about the outcome of Belgium's 1993 budget talks and the effect of the weak dollar on
        171 words
      • Article
        JOHANNESBURG
        426 26 LACK of interest, a lacklustre bullion price and continued weakness in overseas markets saw the South African share market drifting further down in quiet trade on Monday. "It's a do-nothing-and-let-things-de-vdop attitude which rules at the moment," said Dawid Meades of Meades de Klerk Inc. The Overall Index was off
        426 words
      • Article
        TORONTO
        259 26 TORONTO stocks turned in a typical summer Monday session, closing slightly lower after a slow session of little news, dealers said. Traders noted a lack of institutional activity in the market. Natural resource shares, including golds, paper and forest products and metals and minerals, closed slighlly lower, but few
        259 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Stronger Nikkei close helps yen to firm against US unit in Tokyo
      1250 27 REPORTS Tokyo: The US dollar ended lower against the yen and the mark in Tokyo yesterday against Monday's New York ...closing. The slightly firmer Nikkei index aided the yen in the afternoon and market operators tried to trigger
      1,250 words
    • Article
      INTERBANK FOREX RATES
      399 27 Cross rates July 28 Uv I I I I I «r USS S$ MS Dm Yen SFr AS NZS ••-USS 1.6150 2.5000 1.4800 127.80 0.5200 1.3095 1.3441 1.8315 SS 0.6192 1.5480 0.9164 79.1331 0.3220 0.8108 0.8323 I 1341 MS 0.4000 0.65 0.5920 51.1200 0.2080 0.5238 0.5376 0.7326
      399 words
    • Article
      MONEY MARKET
      540 27 Interbank rates \s$ Bid Offer •i Overnight 2 1/4 2 3/8 1-month 2 1/4 2 3/8 u 2-month 2 1/4 2 3/8 >f 3-month 2 1/4 2 3/8 mode: 2-3/8 '*US$ Bid Offer 7 days 3 5/16 3 7/16 month 3 5/16 3 7/16 i2 months 3 3/8
      540 words
    • Article
      Lock icon Economists paint rosier outlook for Canadian dollar
      305 27 Reuter TORONTO The Canadian dollar's resilience in the face of a two-month slide in interest rates may signal a turning point for the currency, economists said. They said high Canadian real interest rates, and an improved trade balance point to a rosier dollar
      Reuter  -  305 words
    • Article
      FINANCIAL FUTURES
      1511 27 SIMEX emoooilm Open High Low Sett Est Vol Act/Vol Op/Int Sep 92 96.52 96.53 96.52 4300 1902 ***** 96.53 Dec 92 96.15 96.18 96.15 96.17 3900 6134 ***** Mar 93 96.09 96.12 96.09 96.12 2500 1501 ***** Jun 93 95.81 95.82 95.80 95.81 1200 639 4706 Sep 93
      1,511 words
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  • COMMODITIES
    • Article
      Lock icon Worldwide oil, gas drilling to fall by 18pc this year
      365 28 Reuter HOUSTON Worldwide drilling for oil and natural gas will fall about 18 per cent in 1992 as three of the world's four largest energy producing nations cut exploration activities, according to an industry report. The midyear report from World
      Reuter  -  365 words
    • Article
      Lock icon Japanese ethylene makers' high output mil dent profits
      293 28 Reuter TOKYO Japan's ethylene producers are making the mistake of keeping production levels high, despite slack demand and collapsing prices at home, analysts say. Analysts said producers had lost direction due to excessive rivalry over market share and warn this will dent
      Reuter  -  293 words
    • Article
      Heavy selling sends tin below M$17 level
      734 28 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market plunged below the M$17-lev-el again and held 48 sen lower at MS 16.80 per kg as heavy selling activity dominated trading. Dealers said there was a lot of speculative selling on the
      734 words
  • Article
    PRICES
    1571 28 Rubber MS C——*tty brtif (firtrw clwiw< tH lpw) KSS I Cmtract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Aug 92 143.50 143.50 143.50 100 1,725 Sep 0.00 0.00 142.25 0 4.950 Oct 142.50 142.00 142.00 475 3.900 Nov 142.50 142.00 142.00 425 4.075 Dec 142.50
    1,571 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      645 28 UCHJOR LICENCE NOTICE NOTICE IS HEREBY GIVEN tot, LTanTknLeong of 8k77 Indue Road 107-525, Singapore 0316, hive applied far Retail Liquor licence ii respect of premise* M M/i Tin Hio Gain at Blk 91 Zion Road 101-167, Singapore 0316, and that this application win be heard in Court No. 1,
      645 words
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      Page 28 Advertisements Column 2
      292 28 M THE MATTER OF THE COMPAMES ACT, CAR. 90 AND M THE MATTER OF WILCO MARINE PTE LTD (M VOLUNTARY UQUWATKJH) At in Extraordinary General Meeting ot the members of WILCO MARME PTE LTD, duly held and convened at 52 Tatok Nangah Road 001-04, Tetofc Biengeh Houae, Singapore 0409 on
      292 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1121 29 aty nk n® Mb MmM GA895 1300 GA963 1315 MlllMl QF8I 1965 QF82 2205 SQ227 2245 to— RJ182 1440 *miUr4tm KL837 1255 SQ324 2200 GA895 1300 SQ323 1840 K1838 2240 Oathkwi NZ21 1820 NZ22 1940 SQ288 2025 SQ286 2030 ■akraM GF149 0660 ga9i 1/524 osoo Sari
    1,121 words
  • THE TRAVEL PAGE
    • Article, Illustration
      So close and yet so far
      669 29  -  LETTER FROM SHENZHEN By Andrew Browne FROM the revolving restaurant high above Shenzhen in southern China, the frontier line is starkly visible 39 lons of razor wire and concrete watch towers, with Hongkong beyond. Wave after wave of refugees from communism forced Hongkong's British
      669 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      153 29 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1972 1.2134 Canadian dollar 1.3458 1.3730 NZ dollar 0.8722 0.8898 Sterling pound 3.0940 3.1360 US dollar 1.6120 1.6190 Local dollars to 100 units of foreign currency Austrian schilling 13.18
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      87 29 Duration Title Venue Organiser Tet Duration Title Venue Organiser Td Sep 6-9 Fine Food Melbourne Australian (61)3/867.7981 Sep 6-10 Trade Show Brussels, Foire (32)2/*****90 Exhibition Belgium Internationale (32)2/*****91 Services De Bruxelles Sep 6-10 International Earls Court. Reed Exhibition 081-*****71 Sep 19-22 International Paris Semaine (33)1/*****002 Watch, Jewellers
      87 words
  • Page 29 Advertisements
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      41 29 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details. We know Europe from itut to Finreah.
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      Page 29 Advertisements Column 2
      6 29 Innovation Technology in BT every Tuesday
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      Page 29 Advertisements Column 3
      958 29 BUSINESS T I M_E__S__ Toll free Tel No 737 0043 Fax No: 734 3698 THE COMPANIES ACT. (CAP. 50) AND IN THE MATTER OF HOCK GUAN THONG CONSTRUCTION PTE LTD (Membors Voluntary Liquidation) At an Extraordinary General Meeting ol the members ol HOCK GUAN THONG CONSTRUCTION PTE LTD duly convened
      958 words
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      Page 29 Advertisements Column 4
      212 29 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF WINE BARREL (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap. SO. that a Final Meeting of the Members of the
      212 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      260 29 4 Confess to having washed before going out (4,5) 12 Top-class railway, but not Ih^lß 13 Sense unrest in German industrial centre (5) I I 1 I I I 1 14 No one's returned from rusalem 17 Going head over heels for j 1 r° slim surgeon at work (13)
      260 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      162 29 Singapore Outlook: Showers over several areas in the afternoon. Report: Maximum temperature 28.0 Assoc humidity 90% Minimum temperature 22.8 Assoc humidity 96% Hours of sunshine 0.00 Rainfall in mm 32.0 Rainfall this month 279.3 Rainy days this month 17 World report Asia-Pacific Cood. Auckland 12/07 Rain Bangkok 31/24 Rain Beijing
      162 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      21 29 -merßooßuL is thislSSu^Se?tsbl?t^SS!ds^ I ooe> TOO segioosL-7 StJUDOH C4BT To B6*D DftFOßc 'Nl VaXDRn out "TWEE. 0727 ASSOCIATIO KEWS*AP€RS LTD, IM2-IM2
      21 words
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  • Article
    Lock icon US deploying Patriot missiles at Kuwait's request
    442 30 Move to deter possible renewed hostilities by Iraq AP WASHINGTON The Pentagon said on Monday that it has begun deploying a battery of Patriot missiles in Kuwait as a deterrent to possible renewed hostilities by Iraq. Defence officials also said a third aircraft
    AP  -  442 words
  • Article
    Lock icon US studying military action to protect Yugoslav relief work
    354 30 Reuter GENEVA The US is consulting other powers over possible military action to protect the delivery of relief aid to former Yugoslavia, a senior American official said yesterday. The US Assistant Secretary of State for International Organisations, John Bolton, told a
    Reuter  -  354 words
  • Article
    Lock icon Ex-US defence secretary to be indicted in BCCI case
    254 30 AFP WASHINGTON Former US defence secretary Clark Clifford and fellow Washington lawyer Robert Altman are to be indicted in connection with the Bank of Credit and Commerce International (BCCI) banking scandal, the Washington Post reported yesterday. Citing unidentified sources, the newspaper
    AFP  -  254 words
  • Article
    Lock icon Respect Islamic Court decision: Mahathir
    226 30 AFP, Reuter KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad said yesterday that the Australian government should respect the local Islamic Court decision allowing a Malaysian prince custody over his two children, whom he smuggled out of Melbourne this month. Canberra has stepped into a controversial
    AFP,; Reuter  -  226 words
  • Article, Illustration
    Feed Russia carrots – but use the stick, too
    764 30  - Feed Russia carrots but use the stick, too The Bottom Line HARISH MEHTA HARISH MEHTA The writer is a BT correspondent THE RUSSIANS have been very pushy. They had visions of becoming the eighth member of the Group of Seven, in effect spawning the G-8. (The G-7 slammed the door
    764 words
  • Article, Illustration
    Lock icon Britain wants new trade accord between EC, Asean
    223 30 AP KUALA LUMPUR British Foreign Secretary Douglas Hurd said yesterday that Britain wants a stronger and better trade agreement between the European Community and Asean. But he said such an accord was being held up because the EC could not agree on
    AP  -  223 words
  • Article
    Lock icon Smugglers cost KL M$59m
    139 30 Bernama KUALA LUMPUR The government suffered revenue losses totalling Mss9 million (5537.76 million) because of smuggling and other irregularities involving duties over a five-year period beginning 1987, Deputy Finance Minister Loke Yuen Yow said yesterday. He told the Dewan Rakyat that the biggest loss amounting to
    Bernama  -  139 words
  • Article
    Lock icon US and Japan clash in trade gap talks
    281 30 Reuter TOKYO US and Japanese negotiators clashed yesterday during the the first round of two-day trade talks as they sought ways to narrow a huge bilateral trade gap, Japanese government officials said. The US demanded that Japan pledge fresh efforts to lower
    Reuter  -  281 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      367 30 CHARTPOINT Every Saturday in Business Times SNEF If keeping ahead in a rapidly changing world is of great importance to you, attend this Conference on: COMPETITIVE STRATEGIES FOR BUSINESS SUCCESS by Kathryn Rudie Harrigan, Professor of Strategic Management at Columbia University A National Employers Conference Thursday, 3 September 1992 Hyatt
      367 words
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      Page 30 Advertisements Column 2
      15 30 CHARTPOINT Every Saturday in Business Times •Tokyo says roomy may ha delayed till <93, Pg*
      15 words
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  • Shipping Times
    • Article
      No need for regional anti-piracy centre: Indon navy official
      287 31  -  From Juliette Walker in KUALA LUMPUR A HIGH-LEVEL figure in the Indonesian navy yesterday rejected the need for a regional anti-piracy centre. Commodore Sutedjo, director of naval operations and training for the Indonesian navy, said that setting up an international body
      287 words
    • Article
      Lock icon Bureau calls for effective measures
      198 31 AP KUALA LUMPUR Worried by increasing piracy in South-east Asian seas, the International Maritime Bureau is urging measures to curb it. Modern pirates are preying both on small sports and fishing craft as well as on larger vessels, often escaping capture by maritime police by
      AP  -  198 words
    • Article
      Lock icon Saratoga keeps US flag flying in Adriatic
      492 31 AP THE USS SARATOGA Although Bosnia's civil war rages on the horizon, officers on the USS Saratoga say their mission is only to show the US flag in support of UN economic sanctions on Yugoslavia. The "routine" mission, however, is complicated by the
      AP  -  492 words
    • Article
      Lock icon UN panel affirms Iraq's sea access
      359 31 Reuter UNITED NATIONS A UN commission demarcating the boundary between Iraq and Kuwait said on Monday that, by leaving the Umm Qasr port complex within Iraqi territory, its decisions affirm Iraq's access to the sear. A UN summary of a new report by the
      Reuter  -  359 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1167 31 Page Col ABC Containcrlinc 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 Arrow Int 9 2 Asian Break-Bulk 16 3 ASCL 5 5 ASXCL Shpg 15 2 Austorient
      1,167 words
    • Article, Illustration
      PSA to promote direct Adelaide-S'pore links
      300 31  -  By Amir Khalil SINGAPORE The Port of Singapore Authority (PSA) on Monday signed a memorandum for closer cooperation with the Port of Adelaide to promote each other. Adelaide will promote Singapore as an international hub while Singapore will try to enhance the Australian port's
      300 words
    • LOG BOOK
      • Article
        Russian fuel exports halted by rail delay
        100 32 TOKYO Exports of Russian fuel oil from Nakhodka have been halted since July 19 due to domestic rail transport problems, said a Japanese fuel oil buyer with a term contract with Russia. The source said four vessels are believed to be waiting at
        100 words
      • Article
        US seizes pollock-laden ship
        86 32 ANCHORAGE, Alaska The US Coast Guard said on Monday it had seized a Russian fishing vessel that was laden with pollock caught illegally from the Bering Sea off Alaska. The 105-metre Stimul was seized 270 km west of Alaska's St Matthew Island in the Bering Strait.
        86 words
      • Article
        Altamont puts off pipeline plan
        103 32 HOUSTON Altamont Gas Transmission Co said it will delay for one year construction of a USS62O million (***** million) natural gas pipeline. Altamont, which is 53 per cent owned by Tenneco Inc unit Tenneco Gas, said the 992-km pipeline was delayed due to soft gas
        103 words
      • Article
        Most Isla Refinery plants working
        109 32 CARACAS All but one of the plants at the Isla Refinery in Curacao, a unit of state oil company Petroleos de Venezuela (PDVSA), are back on line following a fire there on July 11, said a PDVSA official on Monday. The official said shipments from
        109 words
      • Article
        Bulker asks for survey
        41 32 LONDON The St Vincent and Grenadines flagged bulk carrier Molat has requested a survey in Rotterdam for alleged helm-damage, Lloyd's Shipping Intelligence Service reported on Monday. The 37,836-dwt vessel arrived in Rotterdam on July 20 from Paranagua.
        41 words
      • Article
        Lifschultz hires new lawyers
        84 32 NEW YORK Lifschultz Industries Inc said it has replaced the Uw firm in its US$l.B billion (552.88 billion) Anti-trust and Racketeering Influenced and Corrupt Organisations suit against Consolidated Freightways Inc. The firm of Patton, Boggs Blow was replaced by the firm of Reboul, Mac Murray, Hewitt,
        84 words
    • Article, Illustration
      Lock icon Wooing Europe's frequent fliers
      1100 32  -  Europeans may become as addicted to mileage counting as North Americans with the launch of frequent flier programmes by several European airlines, reports Roger Collis Roger Collis NYT THE RACE is on among European airlines to sign up frequent travellers in their frequent flier programmes (FFP).
      NYT  -  1,100 words
    • Article
      THE SHIPPING GUIDE
      13261 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      13,261 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        492 47 Vttsd ii Hi Brti fcflwi Dvrtn Hmi Ih <nW INprtw Sn Putut 12A/92 P04 28 07/1930 29 07/0600 J"**?? T *"S£o 7KQ7/71DO Son Baroness 2 P04 28.07/2100 29.07/2100 SSSS, o&e E S to mmm Batammdo 2 2022S M02 alongside 28.07/1900 T||ijin| gg» J* J5 S07/I8W 184 S04
        492 words
      • Article
        IN MALAYSIAN PORTS
        212 47 Www Fit Berth: 1: ml; 2: Kota Ratna; 3: n* 4: nil; 5: Annoula; 6: Baree Josindo Satu. 01 jetty: Aditia Vaibhav. An tares, Rosalie. DCJ: Soon Hoe. Due on My 21 Barge Kuala Siak 5, Barge Kim In XXI. Due on My 29: Ravnager, Kris Lemona,
        212 words
      • Article
        CONTAINER SCHEDULE
        1607 47 DELIVERY c CONTAINER! 5 IN PROGRESS MP toy No Containers a ratable a* Voy lb Cwbkan n rfjfak 0 Kalmantan 23S 27.07.92 0800 Kns lemona 137 COD(EST) 28.07 92 2000 Fulengshan 31E 27.07.92 0925 Newhai Teng 9228 COO(EST) 28.0792 2100 Y Yafoslavsk 0292 2707.92 1005 Dragon Br am
        1,607 words
    • Article
      TRANSPORT DIARY
      752 48 Sept 4-1& Seatrade Academy's Anatomy of Shipping, organised by S&trade. The event will take plac» at Selwyn College Cambridge England. Sept'15-16: Asia-Pacific Digital CellQar Mobile Communicaorganised by 1BC Technical Services Limited at The Manaarin Singapore. For further detaQs please contact IBC TechnicalServices at tel: 732-1970 or fax: 3-5087.
      752 words
    • Article
      DAILY FREIGHTS
      488 48 A 19-POINT rise in the Baltic Freight Index to 1,093 followed news the US Gulf/European grain route had been fixed at a lump sum of U*****,000, above previous indications, brokers said. The BFI level for this route rose to US$ll.3B from US$lO.2B on Friday. The deal involved the
      488 words
    • Article
      WEEKLY FREIGHTS
      241 48 CONTINUED demand from the Commonwealth of Independent States (CIS) for vessels to lift grain and sugar imports supported freight rates last week, brokers said. The Baltic Freight Index (BFI) gained 14 points over the week and closed Friday at 1,074 points. The grain sector remained dominated by cargoes
      241 words
    • Article
      Lock icon Canadian airlines to begin merger talks
      513 50 American Airlines and PWA end alliance talks NYT TORONTO Canada's two financially troubled national airlines will begin discussions this week about a possible merger. The carriers, Air Canada and Canadian Airlines International Ltd, have been feuding for months. The surprise disclosure of the impending
      NYT  -  513 words
    • Article
      Lock icon McCaw wins HK cellular phone licence
      212 50 AP KIRKLAND. Washington McCaw Cellular Communications Inc and its partners have been granted a licence to set up and operate a digital cellular telephone system in Hongkong, McCaw announced on Monday. Partners in the venture, operating under the name Smart Com Ltd, are McCaw,
      AP  -  212 words
    • Article
      Lock icon Chrysler to raise prices by 2.6pc
      168 50 AP DETROIT Chrysler Corp said Monday it plans to raise prices on its 1993 models by an average of 2.6 per cent, slightly less than the average price hike planned by Ford Motor Co. Ford said the bulk of its 1993 cars would average
      AP  -  168 words
    • Article
      Lock icon US freight carriers narrow differences with union
      518 50 Bloomberg WASHINGTON US freight railroads and a key union have narrowed their contract differences to six or seven issues, according to the Association of American Railroads (AAR), the trade group for the freight carriers, on Monday. Consolidated Rail Corp (Conrail) and 40 other
      Bloomberg  -  518 words
    • Article, Illustration
      Lock icon Airbus finally standing on its feet
      570 50 Consortium taking on Boeing with growing aggressiveness Reuter PARIS Airbus Industrie, which turned 21 this year, seems finally to have come of age. The four-nation European aircraft consortium has been in the black for two years and expects operating profits this year to equal
      Reuter  -  570 words
    • Article
      Lock icon Wall St gives Boeing a rubbing
      681 50 NYT NEW YORK It dominates its industry worldwide. Its management is highly regarded, its costs are under control and its balance sheet is extremely strong. So why is Wall Street so down on Boeing Co? Boeing's shares, after hitting a 52-week peak of US$54
      NYT  -  681 words
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      3 31 •Urn *"i «*>»■ liiQill
      3 words
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      Page 31 Advertisements Column 2
      163 31 woommN mVtDOM AND MHTIHWW foal Indonaaian main potoindudfogoulports HP MANNING Indonaaian craw and oflioara rating# Sri Lanka craw and olloars ratings Can arranga tranahr to any workfcida locations CALL HOTLINE:So*;»«£ Contaner Schedule My FragWs 18 Ma 1 Shppms Gudt 10,11 Shjs in Port 17 Seaport Tries 17 Transport Diary 18
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      Page 32 Advertisements Column 1
      84 32 I 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
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      Page 33 Advertisements Column 1
      2464 33 OOCL (8) PTE LTD JAROtNE SINPPMQ AGENCIES *****11 FAX: *****09 iHHr BOOKINGS TEL: *****34 *****58 WlHIf TERMINAL/CFS TEL: *****18 220 P ******1 PEBAKA JARDINE SHIPPING AGENCIES SON. •J®* LYflflfJ PORT KELANG TEL: *****18 FAX: *****81 *****88 0 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Mp|p|H Dedicated to Quality Service
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      Page 33 Advertisements Column 2
      1126 33 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT k I VS./VOY S*_ NYC BAI OHF SAV a inmmm o in un u/t u/t u/i I UR» MM n M/t 1/U »/U t/M t/lt ■i imam nt u/t 21/ un/M 2VM 21/
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      1446 33 mammasnm 2 SAILINGS TO HONG KONG Undo* Maersk V 9209 ETA Singapore 6/8/92 Marie Maersk V 9212 ETA Singapore 4/8/92 0> «v 144I 44 Vmml Voy ETA I ETo" Fctdar by *i 1 DESTINATIONS Leerort/Arte* TN« *eak MMM Hank MM CY-W7WINM Port IMB CfS 28/7 1100 HRS Kalang Panang OAK
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      1516 34 "ah? s& i;; %> rSflMßSti.l I I KASUQA 1 22/131 7/8 18/8 30/8 28/8 28/8 31/8 I I ABERDEEN BAY 01/331 9/8 2«/8 28/8 31/8 I I DANUBE 03/132 13/8 22/8 5/9 1/9 31/8 •£**>/! I I LUOWtGSHAfEN EXPRESS 03/332 18/8 2/9 4/9 7/9 8/9 i I I MONTE ROSA
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      Page 34 Advertisements Column 2
      513 34 I EXPM»» TO P«PUA MgW QMHEA I I I MOM I IIcMVOOVM 80/07 POM/HOOO/NONO/RAO I LAC/MAO II ALAM TALAMO V3O WN POOVMOOBfIKMO/NAB I KM/LAC/WWK II (LCL B/BULK) lIT/S: ALOTAU. OROSAY. RAVENS lACCEPTWG La FOR MMN PORTS DISCHARGE PORT KELANG H C. TEL: *****01/4 II REGULAR SEIi-CONTAMER SERVICE II bessel spooe
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      Page 34 Advertisements Column 3
      1503 34 H*oiooio un REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE VSL/YOT AN ALfi OCL NAM OK ROT ART FE LHA (MA (MA (MA HO) RAM) ROT) NORASIA SUN 9222-3 02/0R 25/01 27/00 20/00 20/00 20/00 30/00 30/00 31/ M NORASIA PRMCESS 9223-3 09/00 30/00 01/09 03/09 04/09 05/09 00/09 07/09
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      2139 35 STRAITS SHIPPING PTE LTD 10 Hm Chiang Read #11-01 Napfd Tarn Stagapara 0201 Tel: ***** M Fax: *****17 SPORE ÜBS MOM VO9E KK Sun Taw 31M1 Auf 02 Aug 03 Aug MMUOM ¥.0145/015* 20-27 JUT 29-30 M.T MMH MOORE VICE M»ar». lit. KK 03 04 Ita, 05 N UN HOT*
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      Page 35 Advertisements Column 2
      2369 35 lnV SINGAPORE AGENT: S ■SI Px4) I AHtQIIIAI*C P Containers (Singapore Agencies) Pte Ltd X 4XV/ 1> .illllljl 1 llyrff 10 Ho* Chiang Road #07-01 KEPPEL TOWERS, SINGAPORE 0206 Tsl: 225 2233 Tstex: RS ***** PNOCSP Fax; 225 5327/222 7517 CR Number: **********0Z .-I VtMCL VOV fM fM MM «U
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      628 36 PW IJIIiJIU.HI.LI.III I CR M I«MMH |j EXPRESS SEMI COMTMNERSHIP SERVICES I < TO EUROPE I ■urn irai "mi/iMi mat am mm I ttnUATA/35N8 21/9 23/11 2S/1# 4/11 1/11 I OTM/2CIIB t/H 9/11 15/11 21/11 23/11 FAST TRANSIT TOME I ACCEPTING MEAKBULK/CONTAMEMSED CARGO I to indwcwiMnt Alm accepting cargo to
      628 words
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      Page 36 Advertisements Column 2
      1202 36 (g)HANJ!N SHIPPING tl MB?* n/» 2S/S MNMKTTEmM OIK ?t liTinSScA lOC lf/1 1V» ss: a s as ~tjt «s iss ss wss SS« II s B =aaa~ s;; Hi! »s- s HANJM ELIZABETH OOSE 6/9 OIECT 27/9 30/9 FBWW BAY 21« 7/9 |lL R—NK ONI 1/ 1/ Also Kceptmf Reefet
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      Page 36 Advertisements Column 3
      990 36 1 —r MmM^rr^TrFT^^mk JHiiniMn sse.es %v I' S||| 111 liljulilslsli lilsl is;s as is; ss as S3 s: "w w« «!K w»% v»J®>ss jks sssass'ks l ALSO ACCEPTMG CARGO TO: I t) PmHH. KIU, UIMMK KBTOM PHLMQfWL. MMHU. JKKMMUX 1) WnWL TOWHO *WW MUBBTOR ETC z) atubta. eaoBQ. kbbw. cm—
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      1540 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (FOR ALL NOL SERVICES) WPTUNBJNK TEL *****d0 (TOLL-FRgE) LISA SERVICE TERMINAL OFFICE *****22 FAR EAST SERVICE *****00 IMPORT CFS F9: *****08/*****96 Kg UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 AUST/INOIA/PAK NEPLINE SON BHD MALAYSIA K.L.-(03) *****33. P.Kelang-<O3) *****87, Penang-(04)
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      Page 37 Advertisements Column 2
      1228 37 pfcSINSOV" 1 I SINGAPORE SOVCT SHFPMG CO PRIVATE LTD I BOOKING: 5399X51/ *****64/ *****06 (FESCO LINE) ENQURES: *****33 J I MARINE MSURANCE SERVICE: *****87/ *****87 I KL: 03-*****75/697 PORT KELANG: *****43/ *****40 lAKARTA: *****57 I PENANG: *****4/ *****8 lOHORE BAHRU: *****1/ *****1 I (REGULAR INDEPENDENT SERVICE) |I |m|>l| |B A
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      1164 38 o I K' w ASAQENTS: i T>T K MALAYSIA: Y 2^l. 1 vm w. i*-|»iw»» u«« N STiST "i "w »i an OKCTMU M" COIUMBUS ***** 16/8 tt/« 20 ft 22/1 25/8 aOKt m 51 M llfl !«MH 14 22/7 2/8 STORE MDGE 1« 30/7 31/7 2/1 tCNRY HBR 57
      1,164 words
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      Page 38 Advertisements Column 2
      823 38 PHILI-ORI€NT LIN€S PTC LTD f 108 Robinson Road 007-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: R*****0 FAX: *****76 *****38 BY AIR, LAND OR SEA.... m WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION __j u/my ZEALAMD/SOUTH PACIFIC FCL/LCL SERVICE}—OH^STC^H 27 AUG SUVA. NOUMEA. PAPEETA.
      823 words
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      Page 38 Advertisements Column 3
      275 38 W, GOLDEN LINE A |Vj>V GUAN GUAM SHPPMG «J<><\ (PTE) LTD V 23, TtM Are SfrMt SKUNK. 0104 1 Ttt 5343W (It I*s) far *****#* (CI Hi. *****55M0M) imiT«/HMIAM OPLT IMTICI S pore P Ketang Penang DLKN SIM Karachi Dut>* Danmam 4/5 fc* aoa mm lUiach Mw Oan H/M *t
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      Page 39 Advertisements Column 1
      1939 39 cwiipping luucD) wnuiwy «uy i* im agggPll PACIFIC INTERNATIOIUL LINES (PTE) LTD SBBB V ml 140 Cecil Street, #03-00 PIL Bui Wing, Singapore 0106. T«l: *****33 CR NO: **********0E VESSEL VOY 9M JKT SM KSTEBMUOOS MM 91/7 VI 7/S EQUATOR HAWK 94N 1/9 9/9 7M EQUATOR CRYSTAL W9M 91/7 9/9
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      Page 39 Advertisements Column 2
      840 39 =j*a: ism- m p P. GUDANG PENANG P KELANG OCEAN VSL/VOY SIN SOU (1) HTM (2) HAM (3) GOT (4) E 31/7 3177 1/8 BENARTY 2302 4/8 21/8 23/8 24/8 26/8 E 7/8 7/8 8/8 ALSIA 2312 11/8 28/8 30/8 31/8 2/9 D _14/8 14/8 IS/8 BENAVON 2322 18/8 4/9
      840 words
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      Page 39 Advertisements Column 3
      310 39 I llTlllMllilll B 111 j l X* .1 > M KIbIIJ < NIGERIAN NATIONAL ML SHIPPING LINE ii «HP NIGERIA EXPRESS SERVICE :j MVER BCPAN VJ2 SINGAPORE I iRPwt I ETA I I Lago* «Aug 11.,. ■■■■> M MB r*ofi narcoun i falaliM St Aag ACCEPTING B/RULK AND COMTA—RO I
      310 words
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      Page 42 Advertisements Column 1
      2928 42 Conventional Semi-Container Full Container Liner Services Liner Services 6—rjMf—ft: B—k!n§ Apurtt: Otmral iMfrfcf 58 Perwon Ha? Muda Musa 2M Man ko« m jkh *m*m4 Yick Fung Shipping Si *.«in Cost* Shipping Pte Ltd m*m <**•*.m* *2000™*** Oft titan Ipoti. Sentut, ***** ILL ITmwtiJ "X tw I Entemrise Co Ltd muKWestAinaont,)
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      Page 42 Advertisements Column 2
      350 42 SAMfDEM INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE Singapore 0100 Tatos: R*****0 Tat ******1-3 Fax: 22S 4039. *****38 FOR BOOKMOS CALL MRECT UNE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK MERKUR DELTA 933 IN PT 01/08 (SAT) LAWANTI 971 IN PT 01/08 (SAT) PRELUDE 911 31/07
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      608 43 (j£ FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LMASSOL/PREAUS 2/8 ROTTERDAM 2/8 HAIFA/ASHDOD/ALEXANDRIA 278 HAMBURG/BREMEN 2/8 MARSEILLE/FRANCE 278 FELIXSTOWE/UK 2/8 BARCELONA/SPAIN 278 LEHAVRE/ANTWERP 2/8 GENOA/ITALY 278 GOTHENBURG/SCANDINAVIA 2/8 LOS ANGELES/WC/IPI 2/8 SYDNEY/MELBOURNE 30/7 NEW YORK/EC 278 FREMANTLE/ADELADE 30/7 VANCOUVER 278 BRISBANE
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      Page 43 Advertisements Column 2
      835 43 MCMFKLO HARM ACENCKS (S) PTE LTD UTEL: *****33 (12 Unm) FAX: *****15/*****03 TELEX: RS ***** RtSMP (3 UnM) |®l ETHIOPIAN SHIPPING LINES (Hational Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOADING FOR store ABYOT 29W8 06/09 DARCSSALAAM MOMBASA. DJIBOUTI ASSAB MASSAWA ANOINET 28WB 02/10 DARESSALAAM MOMBASA OJ«OUTI
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      866 43 JAKARTA BANGKOK —a i m i I m iw>; IT) xmtm t .r WNM BHUN I IMS I >1W .1/0. UNO Nil# 111 NX IB ft im 82/ M j BEMIA Nil 37S 01/0. 04/0. IANIBHUN 35N fti 31/R7 Mw 03/0. WANA BHUM I 152S 05/0. OR/OR WANT A BHUN
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      1508 44 groupage I t K-/W* PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (062) *****3 CJ\/ 'PTELANQ: (03) *****77 JAKARTA; (21) *****32 SURABAYA: (31) *****0 ~t HKG/TWW/BKK IGOTH/U.K/MED PORTS PfiN PKL SIN PEN 29/7 30/7 31/7 Hong Konf Ldn/Fh/Rdm/Ant 30/7 31/7 1/8 2/8 3/8 4/8 Honf Kong G'twrg/Chagcn/Slwlm/Osio 2/8 3/8 4/8 }/8
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      Page 44 Advertisements Column 2
      270 44 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM ML IYT M PRIMER VI9S 3/1 14/1 IS/S 3/9 MULBERA 2SS 14/1 2«/f 28/8 14/9 AUST STM 0(26 22/1 3/9 5/9 22/9 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH, NAPIER, WELLINGTON,
      270 words
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      Page 44 Advertisements Column 3
      1095 44 I THONG SOON UNES PTE. LTD.f Jg 77 ROBMSON RON) #15-00, #10-00 SM BULDMG SM6APORE 0106 TEL *****5S FAX Mh *****11, *****22 Z HX IB ***** CMRO, US ***** PWOI ZNBUL TOSOCO t SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA itssa liot I era Ikst kssel wt smt Imemc
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      782 45 COMPANIA PERUANA de vapores V "PERUVIAN STATE LINE" ACCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM C All AO, MATARAM, 10* OTHER PERUVIAN PORTS* MTH T/S AT KOBE ON CP* THROUGH BLL OF LAOMG. WSV EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA, NAGOYA, MO*. TOKYO*, MAMLA*, DAVAO*, Pwanf*
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      480 45 m zim RCT|| N.MKMCII/CMIBHN SERVICES «wi |wt m tmm hnrr luulbt I w I arc I m at mimm m «/i m mum me jm vt u* 14* m/j ««n |/4 ■KM 3d 7/1 14/1 24/1 22/1 14/1 Ot OS*** «3E 13/1 m NOMKONt S IS/J 24/1 2M JM 2/14
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      640 45 re*— same PTI LTD MIDDLE-EAST/PERSIAN QULF ACCEPTING FCL/LCL DUBAI. DAMMAN. SHARIAK DOHA. MUSCAT. BAHRAIN. ABU DHABI BANDAR ABBAS. JCDOAH FAR EAST ACCEPTBMB KL/LCL PENANG. P/RELANG. JAKARTA. BANGKOK. HONG KONG. TAIWAN. JAPAN. MAMA KOREA UK/EUROPE ACCEPTBM fCULCL LONDON. FELIXSTOWE. LEEDS. TLBURY. ABERDEEN. LE HARVE. HAMBURG. ROTTERDAM. ANTWEP. GOTHENBURG. COPENHAGEN 4 ALL
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      Page 45 Advertisements Column 4
      447 45 MONTHLY MttCT CMTJUNEI SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WITI TRANSMIT TO: ASEAN AUSTRALIA/F AR EAST/KMTERRANEAN/EMK WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CABSO BOOK IBS: LUCKY TRANSPORT A FREI6MT CO (PTE) ITS
      447 words
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      432 45 mm Si MBBT "i 3/8 KEELUNG/KAOHSIUNG I 1/8 BANGKOK 2/8 MANILA/CEBU 2/8 JAKARTA/BELAWAN/SURABAYA 2/8 PORT KELANG/PENANG/E. Malaysia 3/8 BUSAN I 1/8 TOKYO/YOKO/KOBE/NGO/OSA 3/8 HONG KONG SIH CNHIA 3/8 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XiAMEN/SHANTOU I DALIAN/SHANGHAI/XINGANG TIAN JIN QIN GDAO H AIKOU also accepting LCL cargo SM EMtOPE/UK I 1/8 LDN/FLX/LVP/SOU I 1/8 RDM/HAM/ANT/LE
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      832 46 1 ECONOLINES- —-1 I A Tune Space PiloC for WoiM Trade Navigation since 1979 I _t.WOPE I I STRENGTH and HOPES I I We deHvtr 2040 points throughout 17 We pro.Mt wttkly to I countries ia conformity withD imcoteniu Dtscharguig I total in shipping for carrying your with in house
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      385 46 ISont erml CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION TOUR FIRST CHOICE T«fc— AUCKLAND 02 AU6 ACCEPTING TO ALL PORTS M NEW ZEALAND BANGKOK 02 AW JAKARTA 03 AUG PENANG 03 AUG POUT KELANG 00 AUG MELBOURNE 04 AUG SYDNEY 04 AUG FELIXSTOWE 01 AUG HAMBURG 01 AUG ROTTERDAM
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      Page 46 Advertisements Column 3
      482 46 This Week's Sailings j To! ETD To: ETD Singapore Singapore r Los Angeles itmm l 2tSfi& ci/ 08/92 C k> bo 01/08/92 of Singapore *****22 779 2738 w BBSI 3 QLMU JohSi 07-*****8 07-*****3 Alfred Ng Q|2j jfflr Jakarta 021-*****40 021-*****01 Troy Hsu 7734A5-ZAV/C M C r C I CONTAMI/
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      386 46 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 67N8 31/7 VIGOUR S'POWE 32W8 7/8 BANGKOK 2/8 9/8 BUSAM 2/8 10/8 HONGKONG 31/7 3/8 USA 3/8 10/8 PT LOUIS/DURBAN 11/8 19/8~ KEELUWC 3/8 10/8 PT. KELAHG 3/8 7/8 HO CH WNH 31/7 7/8 PIRAEUS 3/8 ST COLOMBO 31/7 7/8 JAKARTA 2/8 9/8 ICEBU
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      Page 47 Advertisements Column 1
      89 47 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE A MANAGEMENT, in Business Tunes every Monday, is must reading for managers who want the competitive edge Plus an occasional look
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      Page 47 Advertisements Column 2
      98 47 YUSEN SEACARGO mmms AGENT OF TRANSCONDUNER LIMITED CONSOLIDATION SERVICES TO FAR EAST:- KOBE, TOKYO, YOKOHAMA, OSAKA, HONGKONG, BANGKOK, JAKARTA TO EUROPE:- HAMBURG, ROTTERDAM, FELIXSTOWE (ALSO ACCEPT** Fa CONTMNERS.) YUSEN AIR SEA SERVICE (S) PIE LTD f SOUTHPOtNT #11-02 A 200 CANTONMENT RD, SNGAPOKE 0208 > TO; (65)*****47• FAX(65)*****56• TIXRS2S4SSYASSEA mvftwm
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      446 47 TIDES AND WEATHER t TODAY'S TIDES (height in metres) I HOW 0000 0100 0200 0300 0400 0500 0600 0700 0010 ****************************************1900 2000 2100 2200 2300 JR 16 20 L« 0.9 0.5 0.4 04 06 1.1 1.7 11 14 2.4 12 1.7 1.3 1.0 0.9 U 1.4 1.9 16 3.1 13
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      368 48 iWSCk LIAN HUAT SHIPPING CO (PTE) LTD. I 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines) Fax: *****94 Tlx: RS ***** AB LENHUAT Daily receiving cargo at Pasir Panjang Terminal PT4 Tel: *****97 REGULAR FULLY CONTAINERISED SERVICE TO SHANTOU 2 SAILINGS PER MONTH VESSEL ETA ETD
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      Page 48 Advertisements Column 2
      353 48 i. cosco UKC CONVENTIONAL ggg VESSEL PKL PNG P.O. LOAOINO FOR A VESSEL 28/06 Rotterdam/Antwerp CWNA COWVENTtOWAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: QING RONG 12/07 Guangzhou/Muangpu COSCO FULL CONTAXER SERVICES IfCUTCL) EXPORT TO: CHM A/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
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      Page 48 Advertisements Column 3
      478 48 J j L-Mll »l\ V BEUING CHANGCHUN CHANGSH/^^P I^ CHENGDU CHONGQING FUZHOU GUILIN HARBIN KUMMING NANNING QUANZHOU SHEKOU SHENYANG SHENZHEN WUHAN XIAMENXIAN ZHENGZHOU TTi -aneafLC /shenzhin shipping Tel: 227 <4788 Fax: 227 2Q83 h> M| SKH DISTRIPARK PTE LTD 77 Robinson Rosd #16-02 SIA Building, Singspors 0106 Singapore Tel: *****79
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      Page 49 Advertisements Column 1
      1097 49 I HYUNDAI I MERCHANT MARINE CO. LTD. "VIA FEEDER PACIFIC SOUTH-WEST BERVICE WM* PKE* KP* ar TOIBH WT KAO UH OA* PAI/HOU CM SIU HTC 21/07 22/07 24/07 31/07 H. AOMRAL 01E 07/01 24/01 27/01 27/01 21/01 21/01 30/01 04/01 29/07 31/07 07/0« H. COMMANDER 06E 14/01 31/01 03/09 03/09
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      Page 49 Advertisements Column 2
      451 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST M RO-RO HEAVY UFTS MWW VESSELS nm. mm n mm mt mam n 1/1 OA LAM HI/I M 4/1 ■UCM II 11/ l 11/1 nun mn u i«/s 11/s u/s mmt uter 11 1/1 11/1 CMC TRAKR 27 11/ l a/I uai uh 14 n/s
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      Page 49 Advertisements Column 3
      735 49 JEDDAH/UK/CONTNENT ImK |0 na HMO INN UN •Ma AmMi toga hr 7 MM U7/1M M/ 7 l/l 21/1 11/1 17/1 SmOmm* :to MalMß* RMM aM RMM WMNNT QPKSS VAI/JM 2/1 11/1 21/1 24/124/1 MMa :to M Ml—» AwM Ma. OM, MtftM "—a I a/Ul 7/1 15/1 21/1 25/1 24/1 MMM
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      Page 49 Advertisements Column 4
      129 49 WHANG MAS SHIPPING PTE. LTD. 39 PO. ROAD SINGAPORE 0208 TEL: *****U TLX: R*****5 SMMER FAX: *****64 ■99RnSVJVni[raRR!IVV|RSISIIIfl9n!RnSb> •ccpts ran of CMQO STOW ORIVMINW k.* WTMEKUn *171 30 01 Hut ll«k| MIIKMI mcurr UK VIX 3101 lag 01 02 W| Mm. Ljfcm. n moirr rum. ns <*, c** *7-m wi
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      Page 50 Advertisements Column 1
      60 50 Every Saturday in Business Times I I The Bfeorfte Housekeeper -this betel O I I wants is me. Bob HI never neglect 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
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      Page 50 Advertisements Column 2
      8 50 PERSONAL FINANCE INVESTMENT tvery Saturday in Business Times
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